Projecto Pedro Rodrigues Rodrigues.pdf · 2+""$""$""$"!< "

!"

!

"#$%"%&%'!(')"%*+#"+'!,-!)"$.'/!-$+')/!$&(-0"'0!,-!+'1&#"+/23'!$'+"/)!

!"

"

"

#$%&'()*"$+",$%&-*".%&'(&/012(")(%"3$4(56$%"789412(%"

:;;<=:;;>"

"

"

"

"

"

"

"

"

!

04567849!(:;5<=69!>?!$4=@?A!B?!)CD?!E!CF6!0465<B6B4!4F!(?A@CG65!!!

7$)'*"#10?$4")*%"@(A&*%"3*)'10?$%"

BC":<D>"

"

"

"

"

"

"

"

"

"

"

"

E'1$A&()*'$%F"

7'*GH"I*?&*'("#(G(4)(".1'JK,*+$%"

7'*GH"I*?&*'",'$0*'L"7(LA$"

"

"

"

"

"

"

M;")$"B*N$+9'*")$":;;>"

:"

/GA6B4=<F4>@?9!

"

7$4*"(O*1*"$"2*4(9*'(5-*"O'$%&()*%"(*"4*A0*")("'$(41P(5-*")$%&$"O'*Q$2&*R"0*%&('1(")$"

(0'()$2$'F"

S*%" +$?%" E'1$A&()*'$%R" (" 7'*G$%%*'(" I*?&*'(" #(G(4)(" .1'JK,*+$%" $" *" 7'*G$%%*'"

I*?&*'",'$0*'L"7(LA$T"

S*"I'H"#10?$4"U8)12$"("V"I'(H"#('1("#*'$1'(")*",'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%T"

["I'(H"@JA1("W*?'$A5*"$"(*"I'H"#10?$4"#*'$1'("3(&*")("(0\A21("#"7?9412"3$4(&1*A%H"

"

"

"

!!!!!!!!!!!!!!!!!!!!!!!!!

M"

H>B<=4!"

"

"

3$%?+*""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""]"

"

S9%&'(2&"^^^^^^^^^H^^^^^^^^^^HH^^^"""^^^^^^HHH"""""""""""""""""""""""""""""""""""""""""""""""""""""""""_"

"

">@A?BC7I?^^^^^^^^^^^^^^^^^^^^^^^^^"""""""""""""""""""""""""""""""""""""""""""^^HHHHHH"D""

+6JK@C5?!"!E!/!">B:9@A<6!B?!)CD?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!""!M!"

!H"I*"`?$"G(4(+*%"`?(A)*"G(4(+*%")$"4?a*b""""""""""""""""""""""""""^^^^^^^^"^^HH^^HH"""""""""""""""""""!M"

"

!H!H"c1O*%")$"W?a*""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH!_"

!"!"!"#$%&'#()*+,--./,0##############################################################################################################################"!D#!"!"1"#$%&'#()2,34567'##############################################################################################################################!D#!"!"8"#$%&'#9+,--./,0##############################################################################################################################""""!<""

:H"E"7'*Q$2&*"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""!d"

#1"!"#:%*63'#+')+,;2%*0###############################################################<<<<<<<<#<<""<<""###################!d##1"1"=52'6'###################################################################################################^^^^^^^"""H"""""""""""""""""""""!>"^^^^^^^^^^^^^^^HHHHH"

+6JK@C5?!""!E!'9!+?>9CF<B?A49!B?!14A=6B?!B4!)CD?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"""""""""""""""":M!"

!H"I$G1A15-*"$"$A`?()'(+$A&*")*%"A*N*%"2*A%?+1)*'$%")*"+$'2()*")$"4?a*"""""^^"""H^^HH"""""":M"

"

:H"I1%&1A5-*")*%")1N$'%*%"&1O*%")$"A*N*%"2*A%?+1)*'$%")*"+$'2()*")*"4?a*""""""""""""""""""""""""^H""H:]"

^^^^^^^^^^^^^^^^HHHHH"

+6JK@C5?!"""!E!'!(6J45!-9J4=KL<=?!B69!04567849!(:;5<=69!>?!14A=6B?!B4!)CD?!!!!!""""""""""""M;!"

!H"S",$%&-*")$"#84&1O4(%"e)$A&1)()$%"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""^^"^^HH^^HH"""""""""""""""M;"

"

:H"e)$A&1)()$"$"e+(0$+"A("f*+?A12(5-*")$"#('2(%")$"W?a*"""""""""""""""""""""""""""""""""""""""""""""""^HH""""""M!"

"

MH"S"e+O*'&gA21(")(%"3$4(56$%"789412(%"A(".%&'(&/01(")(%"E'0(A1P(56$%""""""""""""""""""""""""""""""^HH"""""M:"

"

]H"E%"S2&?(1%"I$%(G1*%"O('("(%"3$4(56$%"789412(%"A(%"E'0(A1P(56$%""""""""""""""""""""""""""""""""""""^HH"""""""MM"

"

_H"E%"S2&?(1%"I$%(G1*%"O('("(%"3$4(56$%"789412(%"A*"#$'2()*")*"W?a*""""""""""""""""""""""""""""""^HH"""""""M]"

"

DH"S%"3$4(56$%"789412(%"$A`?(A&*"h?A5-*".%&'(&/012("A*"#$'2()*")*"W?a*"""""""""""""""""""""^HH"""""""M_"

"

+6JK@C5?!"M!E!(56>46F4>@?!-9@A6@NG<=?!B4!04567849!(:;5<=69!J6A6!?!O,?CA?!PQR!!!!!!!!!M<!"

!H"eA&'*)?5-*"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^^"^^HH^^HH"""""""""""""""""""Md"

"

]"

:H".A`?()'(+$A&*"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^^"^^HH^^HH"""""""""""""""""""M>"

"

:H!H",'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH]:"

1"!"!"#>3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#E)76*6,-#F'2,0,73*-###############################################"]:#1"!"1"#>3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#G,-2*%3*)2,-############################################################"]:#1"!"8"#>3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#HI9H###########################################################################"]M#1"!"J"#>3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#K*2,37)@####################################################################"]M##:H:"E"I*?'*"]!"""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH""""""""""""""""""""""""""""""""""""""""""]M"

1"1"!"F'2,0#################################################################################################################################################"]]#1"1"1"#G,-2*%3*)2,#####################################################################################################################################]_#1"1"8"#HI9####################################################################################################################################################]_":H:H]H"#('1A(""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""]_#MH:H_H"i144(%""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""]D##MH"f*A2*''\A21(""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH""""""""""""""""""""""""""""""""""""""""""]D"

#]H"SAX41%$"@jEc"""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH""""""""""""""""""""""""""""""""""""""""""]d"

"

J"!"#L'3M*-############################################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""]d"#J"1"#L3*N%,O*-#####################################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""]>"#J"8"#P;'32%)76*6,-#############################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""]>"#J"J"#94,*M*-#######################################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""]>"#_H"E9Q$2&1N*%"""""""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH""""""""""""""""""""""""""""""""""""""""""_;"

"

Q"!"PRS,+27/'-#6,#=*3T,27)@#############################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_;"#Q"1"PRS,+27/'-#6,#K'4%)7+*MU'#######################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_;"Q"1"!"#V-23*25@7+'-##############################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_;"Q"1"1"#WC+27+'-#####################################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_!"#DH"789412*%"""""""""""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH""""""""""""""""""""""""""""""""""""""""""_:"

#X"!"#I'2,)+7*7-#K')-%476'3,-#############################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_:"#X"1"#=,67*##############################################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_M"#<H".%&'(&/01(""""""""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH""""""""""""""""""""""""""""""""""""""""""_M"

#Y"!"#I'-7+7')*4,)2'#############################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_M"#Y"1"#I3'R0,4*########################################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_]"#Y"8"#Z,-*[7'############################################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_]"##

_"

dH"S256$%"""""""""""""""""""""""""""""""""""""""""""""""""""""""""^^^^^^^H""""""""""""""""""""""^HH""""""""""""""""""""""""""""""""""""""""""_]"

#\"!"#]I3,/7,^#Z'%3'#J!_######################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_]"#\"1"#]$,70`,-#Z'%3'#J!_########################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""__"#\"8"#]Z'%3'#J!#K'3;'3*2,_##################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_D"#\"J"#]Z'%3'#J!#Z,-7@)_########################################################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_<"#\"Q"#]W'3),7'#6,#G*[27)@#6'#Z'%3'#J!_##############################"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""_<"!#?@69!L<>6<9^^^^^"^^^^^^^^^^^^^^^^^^^^""""""""""""""""""""""""""""""""""""""""""""""""^""_>""

3$G$'\A21(%"91941*0'XG12(%^^^^^HH^^^^^^^^^^^"""""""""""""""""""""""""""""""""""^^^^^^^HHHHHHHH"""""D:"

!

!

!

!

!

!

!

!

!

!

!

!

!

!

!

D"

049CF?!

E" O(O$4" )*%" 9$A%" )$" 4?a*" $%&X" kX" +?1&*" 1A%&1&?21*A(41P()*" A(%" %*21$)()$%"

2*A&$+O*'gA$(%H" @?O'1+1)(%" (%" A$2$%%1)()$%" 9X%12(%" *" %$'" k?+(A*" 2(+1Ak(" O('(" ("

O'*2?'(")("O$'&$A5(R")*"%&(&?%"$")("(?&*K'$(41P(5-*H"E"2*A%?+*")$" 4?a*"O$'+1&$"(*%"

1A)1Nl)?*%" )$+*A%&'('$+" *" %$?" $%&(&?&*" %*21(4R" O*)$'" $2*AJ+12*" $" 2('(2&$'l%&12(%"

1A)1N1)?(1%R" (%%$A&$" A(" %$0?'(A5(" $" '$2*Ak$21+$A&*" `?$" (%" m0'(A)$%n" +('2(%" 4k$%"

O'*O*'21*A(+H"

E" N(4*'")(%"+('2(%")$" 4?a*"A-*"/"*" '$G4$a*")*%"O'*)?&*%"`?$"O*%%?$+R"+(%" %1+")("

%1+9*4*01(" `?$" 4k$%" /" (&'19?l)(H" f()("+('2("O'*Q$2&("?+(" G(A&(%1(R" ?+" %*Ak*"$"?+"

1)$(4H"o"$%&("GX9?4("`?$"*"2*A%?+1)*'"O'*2?'("`?(A)*"()`?1'$"9$A%")$"4?a*H""

@$A)*"2()("O$%%*("8A12(R"%$A)*"2()("mO$5(n"8A12(R"*"+$'2()*")*"4?a*"$%&X"$AN*4&*")$"

O'*&$221*A1%+*"$")$"$a24?%1N1)()$H"S"O$'2(")*"%$?"N(4*'"/"?+"'1%2*"`?$"(%"+('2(%"A-*"

$%&-*" )1%O*%&(%" (" 2*''$'H"#(1%" )*" `?$" O$'2$O21*A('" $%&$" N(4*'R" *%" )1N$'%*%" O89412*%"

O'$&$A)$+"%$A&1K4*"$"*%"%$A&1+$A&*%"%-*"1+O?4%1*A()*%"O$4(%"(256$%"$"O$4(%")1N$'%(%"

+(A1G$%&(56$%")(%"+('2(%H"

7('(" `?$" 2()(" O89412*" O$'2$O21*A$" $" %$" 1)$A&1G1`?$" 2*+" *" N(4*'" )(%" +('2(%" /"

A$2$%%X'1*" $%&(9$4$2$'" '$4(56$%" 1A)1N1)?(41P()(%H" [%" m3$4(56$%" 789412(%n" $A`?(A&*"

G?A5-*" )$" 0$%&-*" O$)$K%$K4k$%" `?$" O$'+1&(+"*" )$%10A" )$" $%&'(&/01(%" `?$" 2'1$+" $" ("

+(A&$Ak(+"$%&(%" '$4(56$%H"p?$"(" 2*+?A12(5-*"A-*"/"?+"+$'*"$4$+$A&*")1%2?'%1N*"

O('$2$"(`?1"+(1%")*"`?$"$+"`?(4`?$'"*?&'*"+$'2()*"?+("N$')()$"1A)1%2?&lN$4H""

S%" $%&'(&/01(%" )$" 2*+?A12(5-*" )$%$Ak()(%" O('(" (%"+('2(%" )$" 4?a*" '$G4$2&$+K%$" A("

1+O4$+$A&(5-*" )$" (256$%" )$" 2*+?A12(5-*" $%O$2lG12(%H" I$G1A1'" (%" $%O$21G121)()$%" )("

2*+?A12(5-*")(%"+('2(%")$"4?a*"$"*%"(2&?(1%")$%(G1*%")$%&("2*+?A12(5-*"/"*"*9Q$2&1N*"

)$%&$"O'*Q$2&*H"

"

!

<"

/;9@A6=@!

ck$" '*4$" *G" 4?a?'L" 0**)%" 1%" 1A%&1&?&1*A(41P$)" G*'" 4*A0" 1A" 2*A&$+O*'('L" %*21$&1$%H"

@?OO'$%%$)" &k$" 9(%12" A$$)%R" (" k?+(A" 9$1A0" %&('&%" (" O(&k" G*'" &k$" )$+(A)" *G"

+$+9$'%k1OR"%&(&?%"(A)"%$4GK'$(41P(&1*AH"ck$"2*A%?+O&1*A"*G"4?a?'L"(44*q%"1A)1N1)?(4%"

&*" )$+*A%&'(&$" &k$1'" %*21(4" %&(&?%R" $2*A*+12" O*q$'" (A)" 1A)1N1)?(4" 2k('(2&$'1%&12%R"

9(%$)"*A"&k$"%$2?'1&L"(A)"'$2*0A1&1*A"&k(&"&k$"r+(Q*'r"9'(A)%"*GG$'"&k$+H"

ck$"N(4?$"*G" &k$" 4?a?'L"9'(A)%" 1%"A*&"(" '$G4$2&1*A"*G" &k$"O'*)?2&%" &k$L"k(N$R"9?&" &k$"

%L+9*41%+"(&&(2k$)"&*"&k$+H".(2k"9'(A)"O'*Q$2&%"("G(A&(%LR"(")'$(+"(A)"(A"1)$(4H"ck1%"

1%"&k$"G(94$"&k(&"&k$"2*A%?+$'"4**s%"G*'"qk$A"O?'2k(%1A0"4?a?'L"0**)%H""

t$1A0" $(2k" O$'%*A" ?A1`?$R" $(2k" rO1$2$r" ?A1`?$R" &k$" 4?a?'L" +('s$&" 1%" q'(OO$)" 1A"

O'*&$2&1*A1%+"(A)"$a24?%1N1&LH"ck$"4*%%"*G"N(4?$"1%"("'1%s"&k(&"&k$"9'(A)%"('$"A*&"q1441A0"

&*" '?AH"#*'$" &k(A" O$'2$1N1A0" &k1%" N(4?$R" &k$" N('1*?%" O?9412%"q(A&" &*" G$$4" 1&" (A)" &k$"

G$$41A0%" (A)" (2&1*A%" ('$" )'1N$A" 9L" (2&1*A%" (A)" 9L" &k$" N('1*?%"+(A1G$%&(&1*A%" *G" &k$"

9'(A)%H""

@*" &k(&" $(2k" O?9412" O$'2$1N$" (A)" 1)$A&1GL" 1&%$4G" q1&k" &k$" N(4?$" *G" &k$" 9'(A)%" 1%"

A$2$%%('L" &*" $%&(941%k" 1A)1N1)?(4" '$4(&1*A%k1O%H" r7?9412" 3$4(&1*A%rR" (%" (" %&'(&$012"

G?A2&1*AR"('$"2(44$)"&*")$%10A"%&'(&$01$%"&k(&"2'$(&$"(A)"+(1A&(1A"&k$%$"'$4(&1*A%k1O%H"

ck(&"2*++?A12(&1*A"1%"A*&"+$'$4L"(")1%2?'%1N$"$4$+$A&"%$$+%"k$'$"+*'$"&k(A"1A"(AL"

*&k$'"+('s$&"("A*A")1%2?%%(94$"&'?&kH""

ck$" 2*++?A12(&1*A" %&'(&$01$%" )$%10A$)" G*'" 4?a?'L" 9'(A)%" '$G4$2&" &k$+%$4N$%" *A" &k$"

1+O4$+$A&(&1*A" *G" %O$21G12" 2*++?A12(&1*A" (2&1*A%H" c*" )$G1A$" &k$" %O$21G121&1$%" *G" &k$"

4?a?'L"9'(A)%"2*++?A12(&1*A"(A)"&k$"(2&?(4"2k(44$A0$%"*G"&k1%"2*++?A12(&1*A" 1%" &k$"

0*(4"*G"&k1%"O'*Q$2&H""

!

!

!

d"

">@A?BC7I?!

!

@$" /" N$')()$" `?$" *" $%O(5*" O('(" (" 2()(" N$P" +(1*'" 1A%&1&?21*A(41P(5-*" )(%" 3$4(56$%"

789412(%" A(%" +(1%" )1N$'%(%" *'0(A1P(56$%" /" ?+(" '$(41)()$" 2*A%$A%?(4+$A&$" (2$1&$"

$a1%&$+R"2*A&?)*R"X'$(%"*A)$"$%&("`?$%&-*"O('$2$"+?1&*"O*?2*"$%&?)()("$"24('(+$A&$"

10A*'()(" A(%" )1&(%" 4*7)# -23,*4# 3,-,*3+a,-H" B(" 0'(A)$" +(1*'1(" )*%" +(A?(1%"

G?A)()*'$%" )$%&(" )1%21O41A(" (*" 4*A0*" )$" QX" `?(%$" 21A2*" )/2()(%" (40?A%" %$2&*'$%" )$"

(2&1N1)()$" O('$2$+" 24('(+$A&$" &1)*%" 2*+*" 1A2*+O(&lN$1%" *?" )$%1A&$'$%%(A&$%"

$A`?(A&*"X'$(%")$"O$%`?1%(H""

S" X'$(" )(%" 0'(A)$%" +('2(%" )$" 4?a*R" *?" %$" `?1%$'$+" A?+(" &$'+1A*4*01(" +(1%"

2('(2&$'l%&12(" $" 2('(2&$'1P()*'(" )$%&(" X'$(" )$" A$0J21*" $" )$" '$%$'N(" %1+9J412(" )(%"

%*21$)()$%"2*A&$+O*'gA$(%R"(%"0'(A)$%"$+O'$%(%"2*+"r(%%1A(&?'(r")$%&1A()(%")$"?+"

O*A&*")$"N1%&("2*+$'21(4"("?+("1+$A%("+1A*'1(R"%-*"$a$+O4*%"+(1*'$%")$"1A&$'N$A5-*"

)*%" O'*G1%%1*A(1%" )$" 3$4(56$%" 789412(%" (*" AlN$4" )(" 2*A%&'?5-*" $%&'(&/012(" )(" O'JO'1("

1)$A&1)()$" )$%&(%" *'0(A1P(56$%" $" )(" 1)$A&1)()$" )$" &*)*" ?+" 2*AQ?A&*" )$" +('2(%R"

O'*)?&*%" $" %$'N15*%R" `?$" 2($+" %*9" (" %?(" (45()(R" $+9*'(" 24('(+$A&$" (G(%&()(%" )(%"

2*''$A&$%"+(1*'$%")$"O$%`?1%(H""

S"2*+?A12(5-*")(%"+('2(%")$"4?a*"*9$)$2$R"A*"$A&(A&*R"("$%O$21G121)()$%"A("G*'+("$"

A*"2*A&$8)*H"7*'"$%O$21G121)()$"$A&$A)$+*%"(`?1"m("`?(41)()$")*"$%O$2lG12*n"uf*%&("$"

#$4*R"!>>>R"OX0H"D<Mv"$"O*'"$%O$2lG12*"$A&$A)$+*%"(`?14*"`?$"/"m'$4(&1N*"V"$%O/21$T"

$%O$21(4T"2('(2&$'l%&12*n"uf*%&("$"#$4*R"!>>>R"OX0H"D<MvH".%&("A*5-*")$"m$%O$2lG12*n"A-*"

(2(''$&("$+"%1"?+"%$A&1)*")$")1G$'$A5("+(%"%1+")$"O('&12?4('1)()$H"B*"$A&(A&*R"O('("

f*2*"fk(A$4"m)$"G*'+("("%$'"1A%?9%&1&?lN$4"?+("O$%%*(")$N$"%$'"%$+O'$")1G$'$A&$nH"B("

+1Ak(" 1A&$'O'$&(5-*" )(" G'(%$R" (" A*5-*" )$" m)1G$'$A&$n" '$+$&$" O('(" (" 1)$1(" )$"

*'101A(41)()$H"E" N(4*'" )(%"+('2(%" )$" 4?a*" $" *" %$?" &$''1&J'1*" A-*" %$" $%&(9$4$2$+"$+"

G?A5-*")*%"O'*)?&*%"`?$"O*%%?$+R"+(%"%1+"O$4("*'101A(41)()$"`?$"4k$%"/"'$2*Ak$21)("

$" O$4*" %$?" $%&14*" u2GH",('21(R" :;;MvH"E" O'*)?&*" /" (O$A(%" ?+(")(%"+(A1G$%&(56$%" )(%"

+('2(%H".%&(%"&\+"?+("%1+9*4*01("O'JO'1(R"$%O$4k(A)*"G(A&(%1(%R"%*Ak*%R"(%O1'(56$%"$"

>"

*")$%O*4$&('")$"1+(01AX'1*%"`?$"O$'+1&$+"(&'19?1'"(*%"%$?%"O'*)?&*%R"*?"%$'N15*%R"?+"

%10A1G12()*" $%O$2lG12*" A("+$A&$" )*" 2*A%?+1)*'" u2GH" fk$N(41$'" $"#(PP(4*N*R" :;;dvH" S"

%(&1%G(5-*"`?$"*"2*A%?+1)*'"'$&1'(")*"2*A%?+*")*%"O'*)?&*%"*?"%$'N15*%"/"?+"'$G4$a*"

)("'$4(5-*"`?$"$%&$"&$+"2*+"("+('2(H""

w+("+('2("O('("$%&('"O*%121*A()("A*"%$0+$A&*")$" 4?a*"&$+")$"%$'"$a24?%1N(R"`?(%$"

8A12(" )$A&'*" )(" %?(" 2(&$0*'1(H" c$+" )$" %$'" '('(" $" )$" (2$%%*" 41+1&()*R" %1+9*41P(A)*"

N(4*'$%" 2*+*" (" %*G1%&12(5-*R" *" 9*+" 0*%&*" $" (" )1%2'15-*R" N(4*'$%" &'()121*A(4+$A&$"

1A&'lA%$2*%"V"('1%&*2'(21("u2GH"fk$N(41$'"$"#(PP(4*N*R":;;dvH""

f('(2&$'1P('" *%" 2*A%?+1)*'$%" )*" +$'2()*" )*" 4?a*" /R" O*'" %1" %JR" '$G4$2&1'" (%"

O('&12?4('1)()$%" )*" +$'2()*" $+" %1H" E%" )1G$'$A&$%" &1O*%" )$" 2*A%?+1)*'$%" $%O$'(+"

)1G$'$A&$%"'$2*+O$A%(%"(*"2*A%?+1'$+"$%&$%"O'*)?&*%"$"%$'N15*%H""

E" 2*A%?+*" )$" 9$A%" )$" 4?a*" %?'0$" )(" A$2$%%1)()$" )*" %$'" k?+(A*" )$" 2*A2'$&1P('"

%*Ak*%" $" )$" O'*2?'('" 2*A%&(A&$+$A&$" A*N(%" G*'+(%" )$" %$" '$(41P('R" $" 2()(" N$P" 2*+"

+(1*'"1A&$A%1)()$H"S4/+")*"%$?"N(4*'"?&141&X'1*"2()("9$+")$"4?a*"O*%%?1R"&(+9/+R"?+"

N(4*'" %1+9J412*" `?$" O$'+1&$" (*" 1A)1Nl)?*" ?+(" %(&1%G(5-*" O$%%*(4" $" %*21(4R" O$4*"

'$2*Ak$21+$A&*"`?$"1'X"'$2$9$'")*%"*?&'*%H"

7('("?+"9$+"%$'"2*A%1)$'()*")$"4?a*R"$%&$"&$+")$"'$%O*A)$'"("?+("%/'1$")$"2'1&/'1*%H"

c$+")$"O'*O*'21*A('"O'(P$'R"&$+")$"%$")$%&(2('")*"`?*&1)1(A*")*"1A)1Nl)?*"$"&$+")$"

%$'"'$2*Ak$21)*"*"%$?"N(4*'"$+"%*21$)()$H"

S"$N*4?5-*")("%*21$)()$"$"("+$4k*'1("0$A$'(41P()(")*"$%&14*")$"N1)(")(%"O*O?4(56$%"

G(P"2*+"`?$"2()("N$P"+(1%"O$%%*(%"&$Ak(+"("O*%%19141)()$")$"'$(41P('"*%"%$?%"%*Ak*%"$"

(%O1'(56$%R" %?'01A)*" ?+(" %/'1$" )$" A*N*%" 2*A%?+1)*'$%" O('(" *%" 9$A%" )$" 4?a*R" *" `?$"

O*)$'X"4$N("V"m)$+*2'(&1P(5-*n"$"V"m+(%%1G12(5-*n")*"+$%+*H"

S" O('" )*" 2'$%21+$A&*" )*" A8+$'*" $" &1O*" )$" O'*)?&*%" )$" 4?a*" %?'0$" (0*'(" ?+" A*N*"

2*A2$1&*R" *" )$" $aO$'1\A21(%" 4?a?*%(%H" .%&(%" $aO$'1\A21(%" O$'+1&$+" (*%" 1A)1Nl)?*%"

'$(41P('$+K%$" (" %1" O'JO'1*%" $"+$%+*" %$A)*"+*+$A&gA$(%R" O$'+1&$+"$4$N()*%" 0'(?%"

)$"%(&1%G(5-*R"*"`?$"G(P"2*+"`?$"+?1&*%"2*A%?+1)*'$%"O'$G1'(+"()`?1'1K4(%"(*"1AN/%")$"

!;"

O'*)?&*%H" S%" $aO$'1\A21(%" O$'+1&$+" (" %(&1%G(5-*" O$%%*(4" $" lA&1+(" )*" +*+$A&*R" *"

?%?G'?&*" )*" O'$%$A&$R" (*" 1AN/%" )(" O*?O(A5(" O('(" (" 2*+O'(" )$" O'*)?&*%" `?$" %$Q(+"

'$2*Ak$21)*%" O$4*%" *?&'*%H" S" N1'(0$+" )*" O('()10+(" )*" 2*A%?+*" )$" 4?a*" 2$A&'(K%$"

(0*'("A("$aO$'1\A21("$"*"&$+O*"&*'A(K%$"*"9$+"+(1%"O'$21*%*R"$2*A*+1P(A)*"&$+O*"

A(%"2*1%(%"`?$"&\+"`?$"G(P$'R"*%"2*A%?+1)*'$%"O'*2?'(+"0(%&XK4*"A(%"2*1%(%"`?$"4k$%"

)-*"O'(P$'H"

E%")1G$'$A&$%"&1O*%")$"2*A%?+1)*'$%")$"9$A%")$"4?a*"O('&14k(+"*"G(2&*")$"(&'(N/%")("

(`?1%15-*" )$%&$%" 9$A%" O*)$'$+" $aO'$%%('K%$" $" )1G$'$A21('$+K%$" A*" %$1*" )$" ?+("

)$&$'+1A()("2*+?A1)()$R"A*"$A&(A&*R"$a1%&$+")1G$'$A&$%"+*&1N(56$%"V"2*+O'(")$%&$%"

9$A%H"S40?A%"2*A%?+1)*'$%"()`?1'$+"$%&$%"O'*)?&*%"O$4*"%&(&?%"`?$"("%?("O*%%$"4k$%"

1'X"(&'19?1'R"$A`?(A&*"*?&'*%"O'$G$'$+"()`?1'1K4*%"O$4(%"2('(2&$'l%&12(%"$"`?(41)()$")*%"

+$%+*%H"

.A`?(A&*"(40?A%"2*A%?+1)*'$%"?&141P(+"*"4?a*"O('("$aO'$%%('K%$R"&$A)*"2*A%21\A21(")$"

`?$" *" %$?" 2*A%?+*" A-*" 4k$%" 1'X" &'(P$'" (" '$(41P(5-*" &*&(4R" )$)12(A)*K%$" &(+9/+" V"

+$4k*'1(" )*" +?A)*" `?$" *%" '*)$1(R" *?&'*%" O'*2?'(+" '$%0?(')('K%$" A*" %$?" m2(%?4*"

4?a?*%*nR" (41$A(A)*K%$" )*" +?A)*" $" 2$A&'(A)*K%$" +$" %1" +$%+*%H" YX" &(+9/+" *%"

2*A%?+1)*'$%" `?$" O'*2?'(+" *" 4?a*" 2*+*" G*'+(" O'1A21O(4" )$" *9&$'" G$4121)()$" $" )$"

O'*Q$2&('$+" (" N1)(" `?$" `?$'$+" O('(" %1R" )$)12(A)*" (" +(1*'" O('&$" )(" %?(" $A$'01(" V"

*9&$A5-*")$%&$%"O'*)?&*%R"$"*%"`?$"(&'(N/%")*"4?a*"&$A&(+"'$O'*)?P1'"("N1)(")*%"'12*%"

$"G(+*%*%H"

.a1%&$+R" (1A)(R" *%" 2*A%?+1)*'$%" `?$" A-*" &$A)*" *"+$%+*" O*)$'" $2*AJ+12*" `?$" *%"

(A&$'1*'$%R" A-*" (9)12(+" )$" 2*A%?+1'" 9$A%" )$" 4?a*" %$+O'$" `?$" O*)$+" $" &(+9/+"

(`?$4$%" `?$" O'*2?'(+" +('2(%" $" O'*)?&*%" `?$" '$G412&(+" ?+(" %?%&$A&(9141)()$"

$2*AJ+12("$"%*21(4H"

S" %*21$)()$" (2&?(4" 01'(" $+" &*'A*" )(" '$(41P(5-*" O$%%*(4" )*%" 1A)1Nl)?*%" $" )("

2*A2'$&1P(5-*" )*%" %$?%" %*Ak*%H" I$%&$" +*)*R" $%&(" /" (" 2*AQ?A&?'(" 1)$(4" O('(" *"

2'$%21+$A&*" )*" +$'2()*" )*" 4?a*R" %$A)*" O*'" 1%%*" $%%$A21(4" `?$" *%" $%&'(&$0(%" )$"

!!"

2*+?A12(5-*"2*Ak$5(+"(%"+*&1N(56$%")*%")1N$'%*%"&1O*%")$"2*A%?+1)*'$%"V"2*+O'("$"

2*A%10(+"O'*O*'"%*4?56$%"O('("(%"%?(%"A$2$%%1)()$%H"

#$%+*"$+"(4&?'(%")$" 2'1%$" (" 2(O(21)()$"`?$"$%&$%"O'*)?&*%" &\+")$" (&'(N/%")(" %?("

2('0(" %1+9J412(" O$'+1&1'$+" (*%" 2*A%?+1)*'$%" )1G$'$A21('$+K%$" )*%" )$+(1%R" G(P" 2*+"

`?$"+?1&*%"2*A%?+1)*'$%"(9)1`?$+")$"*?&'*%"O'*)?&*%"$+")$&'1+$A&*")*%"9$A%")$"

4?a*R"O*'`?$"(9)12('")$%&$%"O'*)?&*%"%$'1(R"$+"?4&1+("1A%&gA21(R"(9)12('")("$aO'$%%-*"

)$"%1"O'JO'1*%H"

mI\$+K+$"*"%?O/'G4?*R"`?$")1%O$A%*"*"$%%$A21(4nR"$%&("G'(%$")$"E%2('"j14)$"G$P"("2(O("

)("_;x"$)15-*")(" '$N1%&("$%&'-R" ?+(" '$N1%&("O*'&?0?$%(")$"$)15-*"+$A%(4"`?$" 2*A&("

A*%" %$?%" (A?A21(A&$%" +('2(%" 2*+*" G'0,&b# c=d# $# W*@# F,%,3H" E%2('" j14)$R" )1%%$"

&(+9/+"`?$"mN1N$+*%"A?+("$'("$+"`?$"(%"2*1%(%")$%A$2$%%X'1(%"%-*"(%"A*%%(%"8A12(%"

A$2$%%1)()$%nH" @$'-*" *" O'$5*" $4$N()*" )*%" 9$A%" $" *" G(2&*" )$" *%" +$%+*%" %$'$+"

)$%A$2$%%X'1*%" *%" 2*A2$1&*%" `?$" O(?&(+" (2&?(4+$A&$" (" )$G1A15-*" )$" 4?a*b" @$'X" *"

2*A%?+*")$"9$A%")$"4?a*"A(%"%*21$)()$%"(2&?(1%"*"$`?1N(4$A&$"V%"2$'1+JA1(%";'20*2+a"

`?$"$G$2&?(N(+"*%"O*N*%"1A)l0$A(%")*"A*')$%&$"(+$'12(A*b""

E"$%&14*")$"N1)(")*%"2*A%?+1)*'$%"$"("G(%$")$"N1)("$+"`?$"*%"+$%+*%"%$"$A2*A&'(+"

%-*"G(2&*'$%"`?$"1AG4?$A21(+"("O'$)1%O*%15-*"$+"'$4(5-*"V"2*+O'("A*"+$'2()*")*"4?a*H"

.+9*'("$a1%&("?+"G1*"2*A)?&*'"A*"2*A%?+*R"$%&$"O*)$")$%O*4$&('"`?(A)*"*"0(&14k*"/"

(221*A()*" O*'" G(2&*'$%" $a&$'A*%H" w+("+?)(A5(" %10A1G12(&1N(" A(" N1)(" )*" 2*A%?+1)*'"

N$+R"A*'+(4+$A&$R"(%%*21()("("?+("A*N("*A)(")$"2*A%?+*H"7(+$4("I(AP10$'"u:;;_v"

)$+*A%&'(KA*%" `?$" G(2&*'$%" 2*+*" (" '$)$2*'(5-*" *?" '$+*)$4(5-*" )$" ?+(" 2(%(R" ("

2*+O'(" *?" %?9%&1&?15-*" )$" ?+" 2(''*" $" *?&'*%" G(2&*'$%" 2*+*" (" 1)(" )*%" G14k*%" O('(" ("

?A1N$'%1)()$R"%-*"0(&14k*%"`?$"4$N(+"*"2*A%?+1)*'"("O'*2?'('"212412(+$A&$"("2*+O'("

)$"9$A%")$"4?a*R"N1%&*"%$'$+"*%"+$%+*"`?$"%(&1%G(P$+"*"2*A%?+1)*'"$"*"%$?"$%&14*")$"

N1)(H" S" (?&*'(" )$+*A%&'(KA*%R" &(+9/+R" `?$" (" 1A21)\A21(" )(" 2*+O'(" $" *" N(4*'" )("

+$%+("(?+$A&("2*A%*(A&$"*"AlN$4")$"'$A)1+$A&*H".%&$"/"*"'$G4$a*")$"`?$"*"+$'2()*"

)*" 4?a*"/")$%&1A()*"("?+(" 1+$A%("+1A*'1("`?$"(*"2*A%?+1'"O'*)?&*%")$" 4?a*"$%&X"("

2*+?A12('"%*9'$"%1"$"O('("`?$+"(9)12('")$%&$" &1O*")$"2*A%?+*"%$'1("(9)12('")("%?("

O'JO'1("1)$A&1)()$H"W*0*R"("'$4(5-*"2*+"*"2*A%?+*")$"4?a*"&$A)$"("%$'"("+$%+("O('("

!:"

*%")1G$'$A&$%"2*A%?+1)*'$%R"(O$A(%")1G$'$A21()("O$4*"N*4?+$")("2*+O'("`?$"(?+$A&("

O'*O*'21*A(4+$A&$"(*"'$A)1+$A&*H"

I1G$'$A&$%"2*A%?+1)*'$%R"2*+")1G$'$A&$%"'$A)1+$A&*%R"2*A%?+$+")1G$'$A&$%"&1O*%")$"

9$A%")$" 4?a*H" e'$+*%" 1)$A&1G12('" &'\%" &1O*%")$"O'*)?&*%")$" 4?a*H"E" 4?a*" 1A(2$%%lN$4R"*"

4?a*" 1A&$'+/)1*" $" *" 4?a*" (2$%%lN$4H" E" O'1+$1'*" 2*A%1%&$" A*%" 9$A%" (*" AlN$4" )(" (4&(K

2*%&?'(H" .%&$%" %-*" O'*)?&*%" 8A12*%" $" *'101A(1%R" 2*+O('XN$1%" (" *9'(" )$" ('&$" $" )$"

'$)?P1)*"(2$%%*H"E"4?a*"1A&$'+/)1*"2*A%1%&$"A*%"O'*)?&*%")$"0(+("(4&(R"2*+*"*";3e2f

gf;'32,3# $a24?%1N*R" %$A)*" (" )$241A(5-*" )(" 2(&$0*'1(" (A&$'1*'H" 7*'" %?(" N$PR" *" 4?a*"

(2$%%lN$4" /" (" 2(&$0*'1("*A)$"*%"9$A%" %-*"O'*)?P1)*%"$+"+(%%(R" 2*+*"*%"(2$%%J'1*%R"

%$A)*"(")$241A(5-*")*"4?a*"1A&$'+/)1*H"

.+9*'(" $a1%&(+" )1G$'$A&$%" &1O*%" )$" 2*A%?+1)*'$%" )*"+$'2()*" )*" 4?a*" $" )1G$'$A&$%"

&1O*%")$" 4?a*R"$a1%&$+"?+" G1*" 2*A)?&*'"(" &*)("$%&(" 1A)8%&'1(" 2*+(A)()("O$4*" %*Ak*"

`?$"2*A%1%&$"A*"N(4*'")(%"+('2(%H"7('("%*9'$N1N$'"A$%&$"+$'2()*R"2()("+('2("&$+"`?$"

%$'"8A12("$"$a24?%1N(R"2*+"?+("1)$A&1)()$"O'JO'1("$"%$'X")$%&("1)$A&1)()$"$")*"N(4*'"

`?$" *" 2*A%?+1)*'" (&'19?1" V" +('2(" `?$" *" +$%+*" 1'X" '$&1'('" %(&1%G(5-*" 2*+" *" %$?"

2*A%?+*H""

S")$G1A15-*")("$%&'(&/01(")$"1)$A&1)()$")$"?+("*'0(A1P(5-*R"$"("2*A%$`?$A&$"1+(0$+R"

/"("O('&$"+(1%"&'(9(4k*%(")("$%&'(&/01("*'0(A1P(21*A(4"u2GH"S'0$A&1R":;;]vH""

S"1+(0$+")$"?+(")$&$'+1A()("*'0(A1P(5-*R"*?"+('2(R"O('("?+")$&$'+1A()*"O89412*"

/" (" N1%-*" `?$" *"+$%+*" G*'+?4(" $" '$&\+")$%%(" *'0(A1P(5-*" *?"+('2(H" ." 2*+*" 2()("

O89412*"/"2*A%&1&?l)*"O*'"O$%%*(%R"2()("1A)1Nl)?*"G*'+?4("("%?("O'JO'1("'$O'$%$A&(5-*"

)("*'0(A1P(5-*"u2GH"S'0$A&1R":;;]vH"f*+*"O*)$'XR"$A&-*R"("*'0(A1P(5-*"G(P$'"2*+"`?$"("

1+(0$+" 2*A2$91)("O$4*%" O89412*%" 2*''$%O*A)("*"+(1%" (O'*a1+()(+$A&$"O*%%lN$4" (*"

1)$(41P()*" O$4*%" 0$%&*'$%" )$" 2*+?A12(5-*R" $A`?(A&*" (" 1)$A&1)()$" `?$" `?$'$+"

$aO'$%%('b"."2*+*"O*)$"?+("+('2("(G$'1'"`?(4"("1+(0$+"`?$"/"2'1()("A("+$A&$")*%"

%$?%"2*A%?+1)*'$%b"

B?+" +$'2()*" &-*" m)$412()*n" 2*+*" *" +$'2()*" )$" 4?a*" /" A$2$%%X'1*" ?+" O'*G?A)*"

2*Ak$21+$A&*")*" 2*A%?+1)*'H"B-*" %J"/"A$2$%%X'1*" %(9$'"`?(1%"*%" %$?%")()*%" %J21*K

!M"

)$+*0'XG12*%" $" $2*AJ+12*%R" +(%" %*9'$&?)*" `?(1%" (%" %?(%" (%O1'(56$%R" )$%$Q*%" $"

G(A&(%1(%R" $+" %?+(R" `?(1%" (%"+*&1N(56$%" V" 2*+O'(H" f*+*" O*)$+R" $A&-*R" (%"+('2(%"

2'1('"$"$aO'$%%('"?+("1)$A&1)()$"`?$" 4k$%"O$'+1&("$%&('"O*%121*A()(%"A$%&$"+$'2()*"

$%O$2lG12*b"

.A`?(A&*"`?$"("'$(4"1+(0$+")$"?+("+('2("O*)$"(O$A(%"%$'"N1%1*A()("A("+$A&$")*%"

2*A%?+1)*'$%R"("1)$A&1)()$"$%&X"N1%lN$4"A("Q?A5-*")(%")1N$'%(%"+(A1G$%&(56$%")("+('2(H"

I$A&'*" )$%&(%" +(A1G$%&(56$%" )$%&(2(+K%$" *%" (&'19?&*%" )1G$'$A21()*'$%" )(%" +('2(%R"

&(1%"2*+*R"(%"O$%%*(%R"*%"O'*)?&*%"$"%$'N15*%"u2GH"S'0$A&1R":;;]vH".%&(%"+(A1G$%&(56$%"

O*)$+" $" )$N$+" %$'" 2?1)()*%(+$A&$" &'(9(4k()(%R" %*9'$&?)*" `?(A)*" (%" +('2(%"

*O$'(+"$+"+$'2()*%"$%O$2lG12*%"2*+*"*"+$'2()*")*"4?a*R")$"+*)*"("0('(A&1'"`?$"("

1+(0$+"O$'2$O21*A()("O$4*%"2*A%?+1)*'$%"2*''$%O*A)$"(*"'$G4$a*")("1)$A&1)()$")(%"

+('2(%H"

S%"3$4(56$%"789412(%"(%%?+$+R"(%%1+R"?+"O(O$4" G?42'(4"A(" 1A)8%&'1(")*" 4?a*R"`?$'"A("

%?(" G?A5-*" 2*+?A12(21*A(4" 2*+*" A(" %?(" G?A5-*" $%&'(&/012(H" 7$'+1&$+" &'(5('" (%"

$%&'(&/01(%" +(1%" (O'*O'1()(%" V" 2*+?A12(5-*" )(%" +('2(%" $" )*%" O'*)?&*%" $" &(+9/+"

*O$'(21*A(41P('"(%"+$%+(%H"

B?+(" 1A)8%&'1(" 2*+(A)()(" O$4*" %*Ak*R" O$4(" G(A&(%1(" $" O$4*" )$%$Q*R" (%" 3$4(56$%"

789412(%"O$'+1&$+"(%%$0?'('"`?$"*"N(4*'")(%"+('2(%"$")*%"O'*)?&*%"A-*"%$"O$')$H""

B$%&$"O'*Q$2&*"1'$1R"(%%1+R"(G$'1'"mp?(1%"(%"$%O$21G121)()$%"$"*%"(2&?(1%")$%(G1*%"O('("("

2*+?A12(5-*" )$" +('2(%R" 9$A%" $" %$'N15*%" )$" 4?a*b" nH" o" $%&(" O$'0?A&(" `?$" %$'N$" )$"

O*A&*" )$" O('&1)(" O('(" (" +1Ak(" 1AN$%&10(5-*" $" O('(" (" `?(4" N*?" O'*2?'('" '$%O*%&(%"

%(&1%G(&J'1(%"(*"4*A0*")*"+$?"O'*Q$2&*H"S%"2*A24?%6$%"'$&1'()(%")("(AX41%$")$"41&$'(&?'(R"

%$'-*"2*AQ?0()(%"2*+"?+("$A&'$N1%&("$+"O'*G?A)1)()$"'$(41P()("("?+"$%O$21(41%&("A("

X'$(")("0$%&-*"$"2*+?A12(5-*")$"+('2(%")$" 4?a*"$+"7*'&?0(4H".%&$"$%O$21(41%&("%$'X"

#10?$4"U8)12$R"S)+1A1%&'()*'")*",'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%H".%&(%"1AG*'+(56$%"

%$'-*"O*%&$'1*'+$A&$"(O412()(%"("?+"2(%*"O'X&12*")$"2*+?A12(5-*")$"+('2(%")$"4?a*H"

E"+$%+*"%$'X"2*+O*%&*"O$4("$4(9*'(5-*")$"?+("$%&'(&/01(")$"2*+?A12(5-*"O('("?+"

!]"

A*N*" 2*A2$1&*" 1A&$0'()*" )$" &?'1%+*" )$" 4?a*" $+"7*'&?0(4R" (" 1A(?0?'('" $+"#('5*" )$"

:;!;R"*"mI*?'*"]!n"u2*A2$1&*"1A&$0'()*")$"k*&$4vH"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

!_"

+6JK@C5?!""!E!/!">B:9@A<6!B?!)CD?!

"

SA&$%" )$" O(%%('" V" )$G1A15-*" )$" 4?a*R" %$'X" 1A&$'$%%(A&$" )$9'?5('+*KA*%" %*9'$" *"

2*A2$1&*")$"A$2$%%1)()$H"@$0?A)*"("O1'g+1)$")(%"A$2$%%1)()$%")$"#(%4*qR"%(&1%G$1&(%"

(%" A$2$%%1)()$%" O'1+X'1(%" *" %$'" k?+(A*" O'*2?'(" ()`?1'1'" *?&'*%" %$A&1+$A&*%" )$"

%(&1%G(5-*H" S%" A$2$%%1)()$%" O'1+X'1(%" %-*" (`?$4(%" `?$" A*%" (2*+O(Ak(+" )$%)$" *%"

O'1+J')1*%")("k1%&J'1(")*"Y*+$+H"@-*"(%"A$2$%%1)()$%"G1%1*4J012(%"$"("A$2$%%1)()$")$"

%$0?'(A5(H" S%" A$2$%%1)()$%" %$2?A)X'1(%R" (`?$4(%" `?$" O$'+1&$+" (*" %$'" k?+(A*"

()`?1'1'" %(&1%G(5-*R" `?$'" O$4*" O'(P$'" O$%%*(4R" `?$'" O$4*" '$2*Ak$21+$A&*" %*21(4" u2GH"

,('21(R" :;;MvH" @-*" (%" A$2$%%1)()$%" ()`?1'1)(%" $" %?'0$+" A?+" )$&$'+1A()*" 2*A&$a&*"

k1%&J'12*R"%*21(4R"2?4&?'(4"$"$2*AJ+12*H"

".%&(%"A$2$%%1)()$%" %$2?A)X'1(%R" %J"O*)$+"%?'01'"`?(A)*"(%"O'1+$1'(%" %$"$A2*A&'(+"

%(&1%G$1&(%H"@-*R"O*'"$a$+O4*R"("A$2$%%1)()$")$"O$'&$A5(R")$"$%&1+(R"*"%&(&?%"$"("(?&*K

'$(41P(5-*H"

QS!,?!TC4!L656F?9!TC6>B?!L656F?9!B4!5CD?U!

f*+*"N1+*%"(A&$'1*'+$A&$R"*"%$'"k?+(A*"9?%2("2*A%&(A&$+$A&$"("%(&1%G(5-*")(%"%?(%"

A$2$%%1)()$%H" .A`?(A&*" `?$" (%" A$2$%%1)()$%" 9X%12(%" $A2*A&'(+K%$" G1A)(%" `?(A)*"

%(&1%G$1&(%R" (%" %$2?A)X'1(%" %-*" 1A&$'+1AXN$1%R" $4(%" 01'(+" $+" &*'A*" )$" )$%$Q*%" $" )$"

(%O1'(56$%"$R"O*'"1%%*R"`?(A)*"?+("A$2$%%1)()$"%$2?A)X'1("/"2*A2'$&1P()(R"$4("&$+"?+"

$G$1&*" )$" %(&1%G(5-*" +*+$A&gA$*R" `?$" O*)$" )?'('" +(1%" *?" +$A*%" &$+O*R" (9'1A)*"

2(+1Ak*R"O*%&$'1*'+$A&$R"(*"%?'01+$A&*")$"?+("A*N("A$2$%%1)()$H"

B(%" %*21$)()$%" (2&?(1%R" ?+(" )(%" O'1A21O(1%" G*'+(%" )$" %(&1%G(P$'" (%" A$2$%%1)()$%"

%$2?A)X'1(%"/"O$4*"2*A%?+*R"(&'(N/%")("(`?1%15-*")$"m2*1%(%n"u2GH",('21(R":;;MvH".%&(%"

84&1+(%R"(4/+")$"N(4$'$+"O*'"%1"O'JO'1(%R"&$A)*"?+"N(4*'"?&141&X'1*R"2*+*R"O*'"$a$+O4*R"

(%" '*?O(%" `?$" %$'N$+" O('(" O'*&$0$'" *" 2*'O*R" &\+" &(+9/+" ?+(" $A*'+$" 2('0("

%1+9J412("%?9Q(2$A&$R"`?$"O$'+1&$"(*%"1A)1Nl)?*%"'$&1'('"O'(P$'")("%?("2*+O'(H"o")$%&("

2('0("%1+9J412("(&'19?l)("V%"m2*1%(%n"`?$"%?'0$"*"2*A2$1&*")$"9$A%")$"4?a*H"

!D"

.%&(A)*"*"2*A%?+*" 410()*"(" %$A&1+$A&*%R"V%"$+*56$%"$"*%")$%$Q*%R")$1a(R"$A&-*R")$"

%$'" +$'(+$A&$" ?&141&X'1*" $" O(%%(" (" %$'" %1+9J412*H" E%" *9Q$2&*%" &*'A(+K%$" m*9Q$2&*%"

%10A*nR" *?" %$Q(R" (4/+" )$" $a$2?&('$+" ?+(" G?A5-*R" %-*" &(+9/+" ?+(" G*'+(" )$"

2*+?A12(5-*" u2GH" ,('21(R" :;;MvH" S" *9&$A5-*" )*" 4?a*" O$'+1&$" '$(41P('" %*Ak*%" $" *9&$'"

O'(P$'R"*?"%$Q(R"%(&1%G(P$'"A$2$%%1)()$%"%$2?A)X'1(%"m(&'(N/%")$"O'*)?&*%"*?"%$'N15*%"

`?$" O$'+1&$+" &'(A%2$A)$'R" %$Q(" )$" `?$" G*'+(" G*'R" (" A*%%(" '$(41)()$" `?*&1)1(A(n"

u,('21(R" :;;MR" OX0H::vH" E" 2*A2$1&*" )$" 9$A%" )$" 4?a*" N1%(" O*'&(A&*" *" 2*A%?+*"

mk$)JA12*n")$"9$A%"$"*"+$%+*")$O$A)$")(" '$(41)()$"$+"`?$"%$" 1A%$'$"("$a1%&\A21("

`?*&1)1(A(")$")$&$'+1A()("O$%%*(H"

I$A&'*")$"2()("'$(41)()$"*%"1A)1Nl)?*%"&\+"("O*%%19141)()$")$"(&'(N/%")("(`?1%15-*")$"

9$A%")$"4?a*")1G$'$A21('$+K%$")*%")$+(1%H".%&$%"O'*)?&*%"&\+R"O*'&(A&*R")$"*9$)$2$'"

("?+("%/'1$")$"2'1&/'1*%"O('("%$'$+"2*A%1)$'()*%")1G$'$A21()*'$%H"c\+"`?$"*9$)$2$'"("

2'1&/'1*%" )$" %(&1%G(5-*R" *?" %$Q(R" &\+" )$" O'*O*'21*A('" ?+" O'(P$'" O$%%*(4" (" `?$+" *%"

()`?1'$R" 9$+" 2*+*" ?+" O'(P$'" `?$" ?+" O'(P$'" `?$" N$Ak(" )$" '$2*Ak$21+$A&*" $+"

%*21$)()$" )*" N(4*'" )*" ('&10*H" c\+" )$" *9$)$2$'" (" 2'1&/'1*%" )$" (O'$21(5-*R" 2*+*" ("

`?(41)()$" $" (" O$'G$15-*" )*" ('&10*" $" *" %$?" N(4*'" )1G$'$A21()*'R" )$A&'*" )(" %?(" G?A5-*"

?&141&X'1(H" c\+R" &(+9/+R" )$" *9$)$2$'" (" 2'1&/'1*%" )$" (2$%%*R" 2*+*" (" )1%&'19?15-*"

%$4$2&1N(R"("k1%&J'1("$"%1+9*41%+*")("+('2("$"*"O'$5*R"`?$"+(1%")*"`?$"$4$N()*")$N$"

%$'"Q?%&*"&$A)*"$+"2*A&("("`?(41)()$")*"('&10*"$"*"N(4*'")("+('2(H"

.+"!>_]"%?'0$R"$+"h'(A5(R"*"]K'4725#K'0R,32_R"?+("(%%*21(5-*"`?$"A(%2$"O*'"1A121(&1N("

)$" U$(AKU(2`?$%" ,?$'4(1A" 2*+" *" *9Q$2&1N*" )$" O'*+*N$'R" `?$'" $+" h'(A5(" `?$'"

1A&$'A(21*A(4+$A&$R" (" N1%-*" )*" 4?a*" h'(A2\%" $+" &*)(" (" %?(" 2*+O4$a1)()$H" S"

2(&$0*'1P(5-*"$+"`?$"(O'$%$A&("*%"%$?%"<;"(%%*21()*%R"2*+")1N$'%*%"&1O*%")$"O'*)?&*%"

$" %$'N15*%" )$" 4?a*R" O$'+1&$KA*%" %?9)1N1)1'" $%&(" 1A)8%&'1(" A*%" %$0?1A&$%" %$2&*'$%" )$"

(2&1N1)()$F"7'(&(%"$"t'*AP$"u+('2(%"2*+*"Ka37-2'[0,"$"Z,07-0,vT"S4&(K2*%&?'("$"I$%10A")$"

#*)(" u+('2(%" 2*+*" K,07),b# Ka*),0b# Ka0'5b# Ka37-27*)# Z7'3# K'%2%3,b# B7/,)+ah" $# i/,-#

H*7)2# $*%3,)2vT" f'1%&(4" u+('2(%" 2*+*" $*07N%," $" H*7)2# $'%7-vT" #(''*`?1A('1(" u+('2(%"

2*+*"F,34j-b#$')@+a*4;"$"$'%7-#k%722')vT".)15-*"$"I$2*'(5-*"u+('2(%"2*+*"Ka3727*)#

$7*7@3,"$"i/,-#Z,0'34,vT"h(1(A5("$"7*'2$4(A("u+('2(%"2*+*"c,3)*36*%6"$"L*l,)+,37,#6,#

!<"

B7,)vT" Y*%O1&(41)()$" $" ,(%&'*A*+1(" u+('2(%" 2*+*" Fm2,0# $,# c37-2'0b# Fm2,0# G72O# $" $*#

=*7-')#6%#Ka'+'0*2vT"E?'*"$"U*(4k('1("u+('2(%"2*+*"K*327,3b#c3,@%,2"$"H"#W"#Z%;')2vT"

h'(0'gA21(%" u+('2(%" 2*+*"I*3[%4-#B7/,)+ahb#B%,30*7)" $"I*3[%4-#Ka*),0v" $"7'*)?&*%"

)$"i1Ak(%"h'(A2$%(%" u+('2(%"2*+*"Ka*4;*@),#I,337,3fn'%o2b#K'@)*+#G,4h#=*327)" $"

Ka*4;*@),#k,%/,#K07+N%'2#I')-*367)pH"S"(%%*21(5-*"2*A&("(1A)("2*+"?+("2(&$0*'1("

)$" +$+9'*%" (%%*21()*%R" )(" `?(4" G(P$+" (# P;53*# ?*27')*0# 6,# I*37-R" *" Kaq2,*%# 6,#

k,3-*700,-R"("E)7/,3-725#H'3R'),"$"*"=%-5,#6%#$'%/3,H"I$%&$"2*AQ?A&*")$"2(&$0*'1(%"A-*"

2*A%&(+"("S4&("3$4*Q*('1("$"*"%$2&*'"S?&*+JN$4R"`?$"$+9*'("&*+$+"O('&$"A("1A)8%&'1(R"

A-*" &\+" $+" h'(A5(" (" *'10$+" )(%" %?(%" +('2(%" +(1%" '$O'$%$A&(&1N(%H" fk$N(41$'" Z"

#(PP(4*N*"u:;;dv")1N1)$+"(" 1A)8%&'1("A*%"%$0?1A&$%"%$2&*'$%F"7'\&KVKO*'&$'".a24?%1N*T"

U*(4k('1(" $" 3$4*Q*('1(T" 7$'G?+$%" $" f*%+/&12(T" S2$%%J'1*%" )$"#*)(T" i1Ak*" $" W12*'$%T"

S?&*+JN$1%")$"W?a*T"Y*&/1%")$"W?a*T"c?'1%+*")$"W?a*"$"t(A2*%"7'1N()*%H"

7$4(%"%?(%"2('(2&$'l%&12(%R"*%"*9Q$2&*%")$" 4?a*"&\+"(*" 4*A0*")("k1%&J'1("+('2()*"$%&("

)1G$'$A5("$A&'$"("?&141)()$"$"*"%1+9*41%+*H"S%"A$2$%%1)()$%"`?$"%?O'1+$+"&\+"O$%*"

A("O'JO'1("k1$'('`?1P(5-*")("*')$+"%*21(4R"+*%&'(A)*"(")1G$'$A5(")$"$%&(&?&*"$A&'$"*%"

1A)1Nl)?*%H" I$%&(" G*'+(R" *" 4?a*" &$+" ?+" O(O$4" O'JO'1*R" 1A%&1&?21*A(41P()*" A(%"

%*21$)()$%R"`?$"$%&X"4*A0$")$"%$'"%?O/'G4?*H""

mL73-2b# 0%&%3h# 7-# 7)23'6%+,6# *)6# ,4R3*+,6# Rh# 2a,# *[[0%,)2r# 2a,)b# 7),/72*R0hb# 72# 7-#

23*)-0*2,6# *)6# 3,7)2,3;3,2,6# 6'^)# 2'# 2a,# 4*--,-"# Wa%-# 2'6*hs-# 0%&%3h# R,+'4,#

2'4'33'^s-# ),+,--727,-"# $%&%3h#4*3T,2,3-b# 2a,3,['3,b# a*/,# 2'# -2*h# '%2# 7)# [3')2# '[# 2a,#

0%&%3h#+')-%4,3-b#67-+'/,37)@#),^#*)6#67[[,3,)2#^*h-#2'#@7/,#,&;3,--7')#2'#+')-%4,3-s#

@3'^7)@#0%&%3h#[*)2*-7,-#*)6#6,-73,-"_#uI(AP10$'R":;;_R"OX0H"!MvH"

B*" %$?" G1+"84&1+*R"?+"9$+")$" 4?a*"/"?+"9$+" 1A(2$%%lN$4" $" /" $%&(" (" m+$&(Gl%12(")*"

4?a*n" u2GH" I(AP10$'R" :;;_vR" %$A)*" ?+" 9$+" &-*" +(1%" 4?a?*%*" `?-*" +(1*'" G*'" (" %?("

1A(2$%%19141)()$H"

"#"#!$%&'(!)*!+,-'!

I$G1A1)(%" *%" 2(&$0*'1(%" %$2&*'1(1%" )(" 1A)8%&'1(" )*" 4?a*R" %?'0$" (" A$2$%%1)()$" )$"

2(&$0*'1P('" *%" )1N$'%*%" &1O*%" )$" 4?a*H" @?%(A(" ,('21(" u:;;Mv" (O'$%$A&(KA*%" ?+("

!d"

2(&$0*'1P(5-*" $+" &'\%" &1O*4*01(%R" 1A121(4+$A&$" 2'1()(" O*'" I(AA1y44$" S44/'$%F" 4?a*"

1A(2$%%lN$4R"4?2*"1A&$'+/)1*"$"4?a*"(2$%%lN$4H"

!"!"!"#$%&'#()*+,--./,0#

o" (" 2(&$0*'1(" $+" `?$" %$" $A2*A&'(" (" S4&(K2*%&?'(R" *A)$" %$" 2'1(+" $" O*%121*A(+" (%"

0'(A)$%"+('2(%H""

]H7# ,0# 0%S'# 7)2,34,67'# h# *++,-7R0,# 4*)27,),)# -%# +3,*27/76*6# h# ;3,-27@7'b# -,# 6,R,# *0#

4*)2,)747,)2'# 6,# %)*# *+27/76*6# -%;,37'3# +'4'# ,-# ,0# 0%S'# 7)*++,-7R0,"_#u,('21(R" :;;MR"

OX0H"<<vH"

"

@-*" *9Q$2&*%" 8A12*%" $" *'101A(1%R" 2*+O('XN$1%" (" *9'(%" )$" ('&$R" `?$" A*" 2(%*" )(" S4&(K

2*%&?'("+(1%"&(')$"%$'N1'-*")$"1A%O1'(5-*"V%"2*4$256$%")$";3e2fgf;'32,3H"E%"N(4*'$%"`?$"

O(?&(+"$%&("2(&$0*'1("%-*"("`?(41)()$R"("2'1(&1N1)()$"$"("$a2$4\A21(H"3$0$K%$"O*'" 4$1%"

O'JO'1(%")$"+$'2()*R"*A)$"(O$A(%"*"O'*)?&*"1+O*'&("(*"2*A%?+1)*'H"S"'$4(5-*"2*+"

*%"241$A&$%"/"O$'%*A(41P()("$"*%"+$%+*%"2*A%&1&?$+"?+("$41&$"+?1&*"'$)?P1)("uA*"2(%*"

)("S4&(K2*%&?'("2$'2(")$":;;"O$%%*(%"A*"+?A)*"1A&$1'*v"2*+"O*)$'"$2*AJ+12*"$"0*%&*"

`?$"*%"4$N("("2*A%?+1'"$%&$"&1O*")$"O'*)?&*%H"E"O'$5*"/"+?1&*"$4$N()*"$"(")1%&'19?15-*"

/" +?1&*" 41+1&()(" $" %$4$2&1N(H" S" 2*+?A12(5-*" 9(%$1(K%$" A?+" 2*A&(2&*" 24('(+$A&$"

O$'%*A(41P()*H""

!"!"1"#$%&'#()2,34567'#

]V0#0%S'#7)2,34,67'#;%,6,#-,3#0*#6,+07)*+7A)#6,0#0%S'#7)*++,-7R0,#'#R7,)#0*#+*2,@'3.*#4C-#

*02*#6,0#0%S'#;*3*#'23*-#4*3+*-"_"u,('21(R":;;MR"OX0H"<>vH#

"f*A%&1&?1"(")$241A(5-*")*"4?a*"1A(2$%%lN$4R"%-*"*%"O'*)?&*%")$"0(+("(4&(H"B("+*)(R"/"*"

2(%*" )*" ;3e2fgf;'32,3H" B$%&(" 2(&$0*'1(" 1A%$'$K%$" &(+9/+" (" Q*(4k('1(" $" '$4*Q*('1(H" S"

O'*)?5-*"/"G$1&("$+"%/'1$%"41+1&()(%"$"'$%O*A)$"V%"A$2$%%1)()$%")*%"2*A%?+1)*'$%H"S"

`?(41)()$"/"$%%$A21(4"A$%&$"&1O*")$"9$A%R")$%)$"("+(&/'1(KO'1+("(*%"%$'N15*%")$"OJ%K

N$A)(H" B-*" %J" *" O'*)?&*" /" 1+O*'&(A&$" 2*+*" &(+9/+" (" $+9(4(0$+R" *%" O*A&*%" )$"

N$A)(R" (" )1%&'19?15-*" $" *" N(4*'" )("+('2(" G(2$" V" 2*A2*''\A21(H" E" O'$5*" /" $4$N()*R" ("

!>"

)1%&'19?15-*"41+1&()("$"("O'*+*5-*")$N$'1("%$'"1A$a1%&$A&$H"E%"241$A&$%"2*A%&1&?$+"?+("

$41&$"(+O4(")("24(%%$"(4&("$"+/)1("(4&(R"%$A)*"*"2*A%?+*")$%&$%"9$A%"G'$`?$A&$"O('("("

O'1+$1'("$"*2(%1*A(4"A*"2(%*")("%$0?A)(H".%&$%"9$A%"O*%%?$+"?+("G*'&$"%1+9*4*01(")$"

)1G$'$A21(5-*" %*21(4R" *A)$" *" %&(&?%" $" *%" %$A&1+$A&*%" )$" O$'&$A5(" (%%?+$+" $%O$21(4"

N(4*'H"S"2*+?A12(5-*")$%&$%"O'*)?&*%"*9$)$2$"V%"'$0'(%")("2*+?A12(5-*")*%"9$A%")$"

4?a*R" %$A)*" $%&$" *" %$0+$A&*R" O*'" $a2$4\A21(R" *A)$" *" &'(9(4k*" )$" 3$4(56$%" 789412(%"

$a101'X"?+"$%G*'5*"(*"AlN$4" )("$%2*4k("$")$&$'+1A(5-*")*%"+$4k*'$%" %?O*'&$%" $")(%"

+$A%(0$A%"+(1%"()$`?()(%H"

!"!"8"#$%&'#9+,--./,0#

.%&(" 2(&$0*'1(" %?'0$" )(" )$241A(5-*R" O*'" %?(" N$PR" )*%" O'*)?&*%" )$" 4?a*" (2$%%lN$4H" o"

O'*)?P1)("$+"%/'1$%" 1A)?%&'1(1%"+(%"*"A8+$'*")$"$a$+O4('$%"/"2*A&'*4()*H"B("+*)("

2*''$%O*A)$" (*%" (2$%%J'1*%R" 1A24?1A)*" &(+9/+" (" 1A)8%&'1(" )*%" 2*%+/&12*%" $"

G'(0'gA21(%H" S" `?(41)()$" 2*A&1A?(" (" %$'" ?+" 2'1&/'1*" $%%$A21(4R" A*" $A&(A&*R" $a1%&$+"

(%O$2&*%"2*+*"("$+9(4(0$+"`?$"(%%?+$+"+(1*'" '$4$N*"A$%&("2(&$0*'1(")*"`?$"A(%"

(A&$'1*'$%R"2*+"N1%&("("$A(4&$2$'"*"O'*)?&*"$"("$%O$4k('"*"N(4*'")("+('2(H"E"O'$5*"/"

?+(" N('1XN$4" `?$" (%%?+$" 9(%&(A&$" 1+O*'&gA21(R" )$O$A)$A)*" A-*" %J" )(" %?(" '$4(5-*"

2*+" (" `?(41)()$" +(%" &(+9/+" )*" N(4*'" `?$" *" 2*A%?+1)*'" (&'19?1" (*" O'*)?&*H" S"

)1%&'19?15-*" /" %$4$2&1N("+(%"+?1&*"+(1%" (+O4(" )*" `?$" (" )*" 4?a*" 1A&$'+/)1*H" E" %$?"

2*A%?+*"/"+?1&*"+(1%")$+*2'X&12*R"%$A)*"(2$%%lN$4"V%"24(%%$%"+/)1(%R"$"$%&X"410()*"("

G(2&*'$%" (%O1'(21*A(1%R" )$" A$2$%%1)()$" )$" )1G$'$A21(5-*" $" )$" O$'&$A5(" (" ?+(" 24(%%$"

%*21(4"$4$N()(H""

]W'6'# %)# *3-,)*0# 6,# ;3'6%+2'-# N%,# 7)/72*)# *# ,)23*3# ,)# ,0# 0%S'# *# %)# @3*)# )t4,3'# 6,#

+07,)2,-#N%,#)%)+*#a%R7,3*)#;'676'#;,347273-,#*++,6,3#*#,-2,#%)7/,3-'_""u,('21(R":;;MR"

OX0H"d;vH#

B$%&(" 2(&$0*'1(R" *%" $%&?)*%" )$" +$'2()*" (%%?+$+" '$4$NgA21(" $" (" (&$A5-*" G(2$" V"

2*A2*''\A21("/"+?1&*"$4$N()(H""

I1'l(+*%"`?$"(`?1"*"&'(9(4k*"(*"AlN$4")("2*+?A12(5-*"$%&'(&/012("="3$4(56$%"789412(%"

(O'*a1+(K%$")(%"$%&'(&/01(%"$"O'*0'(+(%")$%$Ak()*%"O*'"*?&'(%"*'0(A1P(56$%R"+('2(%"

:;"

*?" O'*)?&*%" &$A)*R" 2*+*" $+" `?(4`?$'" *?&'*" 2(%*R" ?+" &'(9(4k*" )$" 1AN$%&10(5-*" $"

O4(A1G12(5-*"+?1&*"'$4$N(A&$H""

w+" (%O$2&*" )$" A-*"+$A*'" 1+O*'&gA21(" O'$A)$K%$" 2*+" *"+(O$(+$A&*" $" 0$%&-*" )$"

)1G$'$A&$%"-2*T,a'06,3-R")*%"`?(1%"%$")$%&(2(+"*%"241$A&$%"$=*?"O*&$A21(1%"241$A&$%H"

VS!'!(A?W4=@?!

.#"#!/,0)1'!2'32*&4,05#

E%"9$A%")$"4?a*"1A%&1&?21*A(41P('(+K%$"A(%"%*21$)()$%"2*A&$+O*'gA$(%"2*+*"?+(")(%"

G*'+(%")*%"1A)1Nl)?*%")$+*A%&'('$+"*"%$?"$%&(&?&*"%*21(4R"*"%$?"O*)$'"$2*AJ+12*"$"

(%" %?(%" 2('(2&$'l%&12(%" 1A)1N1)?(1%H" S%" +('2(%" )$" 4?a*" &\+" ?+" N(4*'" `?$" /"

O$'2$O21*A()*" O$4*%" 2*A%?+1)*'$%" )(%" +$%+(%" 2*+*" (40*" `?$" '$G4$2&$" (" %?("

O$'%*A(41)()$R"*%"%$?%")$%$Q*%R"(%"%?(%"G(A&(%1(%"$"("%?(" 1A)1N1)?(41)()$H"S*"?%('"?+"

O'*)?&*" )$" ?+(" +('2(" )$" 4?a*R" *" 1A)1Nl)?*" $%&X" (" 2*+?A12('" %*9'$" %1" +$%+*" u2GH"

fk$N(41$'"$"#(PP(4*N*R":;;dvH"

7*'"%$'"?+"+$'2()*"*A)$"$a1%&$"?+"0'(A)$"O'*&$221*A1%+*")*"N(4*'")(%"+('2(%R"*"%$?"

(2$%%*"/"41+1&()*"$"*%"9$A%"&$A)$+"("%$'"`?(%$"$a24?%1N*%R"V"+$)1)(")$"2()("O$%%*(H"

f*+?A12('"$%&("$a24?%1N1)()$"/"?+")$%(G1*")(%"+('2(%")$"4?a*H"E%"2(A(1%"+(%%1N*%")$"

2*+?A12(5-*" %-*" ?+" '1%2*" `?$" (%" +('2(%" A-*" $%&-*" )1%O*%&(%" (" 2*''$'H" S" %*4?5-*"

(O'$%$A&(K%$" (&'(N/%" )$" $%&'(&/01(%" 1A)1N1)?(41P()(%" `?$" $%&(9$4$2$+" ?+(" '$4(5-*"

+(1%"lA&1+("$A&'$"(%"+('2(%"$"2()("?+")*%"%$?%"O*&$A21(1%"2*A%?+1)*'$%H"S%"'$4(56$%"

%-*R" (%%1+R" `?(%$" 1A)1N1)?(41P()(%" $" O('(" $%&(9$4$2$'" $" +(A&$'" (%" +$%+(%" %-*"

A$2$%%X'1(%"$%&'(&/01(%")$"2*+?A12(5-*"'10*'*%(%R"`?$"N-*")$"$A2*A&'*"V%"(%O1'(56$%"

)*%"O89412*%H""

S" O$'0?A&(" `?$" 1'X" %$'N1'" )$" G1*" 2*A)?&*'" V" +1Ak(" 1AN$%&10(5-*" /F" mp?(1%" (%"

$%O$21G121)()$%" $" *%" (2&?(1%" )$%(G1*%" )(" 2*+?A12(5-*" )$"+('2(%R" 9$A%" $" %$'N15*%" )$"

4?a*b"nH"S" '$%O*%&("NX41)("("$%&("O$'0?A&(" 1'X"O$'+1&1'K+$"G?A)(+$A&('"("$4(9*'(5-*"

)$"&*)("("$%&'(&/01(")$"2*+?A12(5-*")*"+$?"7'*Q$2&*R"`?$"1'X"2*A%1%&1'"A("$4(9*'(5-*"

:!"

)$" ?+(" $%&'(&/01(" )$" 2*+?A12(5-*" O('(" *" 2*+O4$a*" mI*?'*" ]!nR" O$'&$A2$A&$" (*"

,'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%H"

I$%)$"+*)*R"&$A&('$1"(*"4*A0*")$%&$"&'(9(4k*F"

• SA(41%('"(%"$%O$21G121)()$%")("2*+?A12(5-*")(%"+('2(%R"9$A%"$"%$'N15*%")$"4?a*T"

• SA(41%('"*"O$'G14")*%"2*A%?+1)*'$%")*"+$'2()*")*"4?a*T"

• SO412('" *%" '$%?4&()*%" )(" +1Ak(" '$G4$a-*" V" $4(9*'(5-*" )$" ?+(" $%&'(&/01(" )$"

2*+?A12(5-*"O('("?+"9$+")$"4?a*H""

E"(G$'1'"`?(1%"(%"$%O$21G121)()$%")("2*+?A12(5-*")(%"+('2(%R"9$A%"$"%$'N15*%")$"4?a*"$"

*%" )$%(G1*%" )(" +$%+(" A(" 2*AQ?A&?'(" $2*AJ+12(" (2&?(4R" O$'+1&$K+$" A-*" %J" ?+"

2*Ak$21+$A&*"(O'*G?A)()*"%*9'$"?+("X'$("+?1&*"O*?2*"&'(9(4k()(")*"O*A&*")$"N1%&("

)("1AN$%&10(5-*R"2*+*"("2'1(5-*")$"1A%&'?+$A&*%"A$2$%%X'1*%"O('("("(AX41%$")("%1&?(5-*"

$%O$2lG12(")*"O'*Q$2&*"$+"2(?%(H"

.#.#!674')'#

7('("2*A%$0?1'"(42(A5('"*%"*9Q$2&1N*%"O'*O*%&*%R"G*1"A$2$%%X'1*")$G1A1'"`?(1%"*%")()*%"("

'$2*4k$'"O('("$%&$"&'(9(4k*H""

f*+*" (" +1Ak(" 1A&$A5-*" $'(" )$%2*9'1'" `?(1%" (%" $%O$21G121)()$%" )(" 2*+?A12(5-*" )$"

+('2(%R"9$A%"$"%$'N15*%")$"4?a*R"*O&$1"O*'"G(P$'"'$N1%-*")("41&$'(&?'("$a1%&$A&$"A("X'$("

)*" 4?a*" $" 2'?P('" $%&(" 1AG*'+(5-*" 2*+" 41&$'(&?'(" A(" X'$(" )(" ,$%&-*" )$" 3$4(56$%"

789412(%H" 7*%&$'1*'+$A&$R" '$(41P$1R" &(+9/+R" ?+(" $A&'$N1%&(" (" ?+" $%O$21(41%&(" $+"

0$%&-*" $" 2*+?A12(5-*" )$" 4?a*" $+" 7*'&?0(4H" E" $%O$21(41%&(" G*1" $%2*4k1)*" &$A)*" $+"

2*A&("*"%$2&*'"$%O$2lG12*")*"4?a*"`?$"'$%*4N1"&'(9(4k('"(&'(N/%")*"+$?"O'*Q$2&*H"

fk$N(41$'"$"#(PP(4*N*"u:;;dvR"2*+*"N1+*%"(A&$'1*'+$A&$R")1N1)$+"("1A)8%&'1(")*"4?a*"

A*%"%$0?1A&$%"%$2&*'$%F""

• I3e2fgf;'32,3#.a24?%1N*"z"#('2(%"%$4$2&1N(%"2*+")1%&'19?15-*"2*A&'*4()(T"

::"

• U*(4k('1("$"3$4*Q*('1("z"#('2(%"2*+"k1%&J'1(R"`?$"O*%%?(+"4*Q(%"O'JO'1(%"$"`?$"

%$Q(+"N$A)1)(%"(O$A(%"(&'(N/%")$"?+"A8+$'*"41+1&()*")$"Q*(4k('1(%T"

• 7$'G?+$%" $" f*%+/&12(" z" I1%&'19?l)*%" O*'" 2(A(1%" %$4$2&1N*%" $" `?$" %$Q(+"

O$'2$O21*A()*%"2*+*"O'*)?&*%")$"4?a*R"$+9*'("`?$"(2$%%lN$1%T"

• S2$%%J'1*%")$"#*)("z"7$'&$A2$A&$%"("+('2(%")$"+*)("O*%121*A()(%"A*"%$2&*'"

)*"4?a*T"

• i1Ak*"$" W12*'$%" z" 7'*)?&*%" 2*+" 2*A2$1&*" $" O*%121*A(+$A&*"`?$" 4$N$+"("`?$"

%$Q(+"2*A%1)$'()*%"9$A%")$"4?a*T"

• S?&*+JN$1%")$"W?a*"z"t$A%"$a24?%1N*%"$"%*G1%&12()*%"2*+"?+"%1%&$+("%$4$2&1N*"

)$")1%&'19?15-*"$"%$'N15*"OJ%"N$A)(")$"$a2$O21*A(4"`?(41)()$T"

• Y*&/1%")$"W?a*"z"Y*&/1%"$+"`?$"*%"kJ%O$)$%"'$2$9(+"?+"%$'N15*"$a2$O21*A(4R"

'*)$()*%"O*'"?+")$%10A"$"(&+*%G$'("$a&'$+(+$A&$"2?1)()*%T"

• c?'1%+*" )$" W?a*" z" .aO$'1\A21(%" )$" N1)(" `?$" *%" 2*A%?+1)*'$%" 2*A%1)$'$+"

4?a?*%(%T"

• t(A2*%" 7'1N()*%" z" @$'N15*%" %$4$2&1N*%" )$" $a2$4$A&$" `?(41)()$" $" G*2*"

1A)1N1)?(41P()*"A*"241$A&$H"

I$A&'*" )$%&$%" %$2&*'$%R" %$4$221*A$1" ?+" $+" O('&12?4('" %*9'$" *" `?(4" +$" )$9'?2$1H" E"

%$2&*'"`?$"$4$01" G*1" ("Y*&$4('1(")$" W?a*"$R" O*'" 1%%*R" '$(41P$1" ?+("$A&'$N1%&(" ("#10?$4"

U8)12$R" ()+1A1%&'()*'" )*" ,'?O*" WX0'1+(%" Y*&$4%" Z" .+*&1*A%H" S&'(N/%" )(" $A&'$N1%&("

O?)$"2*+O4$+$A&('R"2*+"("$aO$'1\A21("$"N1%-*")*"$A&'$N1%&()*R"("'$N1%-*")$"41&$'(&?'("

G$1&(" O*'" +1+" (A&$'1*'+$A&$H" 7?)$R" &(+9/+R" 24('1G12('" (40?+(%" `?$%&6$%" `?$" +$"

%?'01'(+")?'(A&$"(%"4$1&?'(%"'$(41P()(%H"

@$A)*"*"mI*?'*"]!n"*"2*+O4$a*"%*9'$"*"`?(4"&'(9(4k$1"O('("("'$(41P(5-*")*"O'*Q$2&*R"

$A&'$N1%&('" #10?$4" U8)12$R" $A`?(A&*" ()+1A1%&'()*'" )*" ,'?O*" (*" `?(4" *" 2*+O4$a*"

O$'&$A2$R" O$'+1&1?K+$" 24('1G12('" `?(1%" *%" N(4*'$%R" +1%%-*" $" 1)$A&1)()$" )*" ,'?O*"

WX0'1+(%"Y*&$4%"Z".+*&1*A%H"

:M"

7('(" `?$" *%" *9Q$2&1N*%" )*" O'*Q$2&*" O?)$%%$+" %$'" (42(A5()*%" A(" %?(" O4$A1&?)$R"

O$'+1&1A)*R" (%%1+R" '$%O*A)$'" V" O$'0?A&(" )$" O('&1)(R" G*1" A$2$%%X'1*" G(P$'" *"

O4(A$(+$A&*" )(" 1AN$%&10(5-*H" I$%&$" +*)*R" A?+(" G(%$" 1A121(4" 2*+$2$1" O*'" $G$2&?('"

?+("'$N1%-*")$"41&$'(&?'("%*9'$"*"`?$"%-*"2*A%1)$'()*%"9$A%"$"%$'N15*%")$"4?a*"$"O*'"

)$G1A1'" `?(1%" *%" &1O*%" )$" 4?a*H" 7*%&$'1*'+$A&$R" '$(41P$1" ?+(" 2(&$0*'1P(5-*" )*%"

2*A%?+1)*'$%")*"+$'2()*")*"4?a*R"24(%%1G12(A)*"*%"+$%+*%"A("%?("'$4(5-*"2*+"$%&$%"

9$A%"$"A(%"%?(%"+*&1N(56$%"(*"2*A%?+*H"

c$'+1A()("$%&(" G(%$" 1A121(4")$"O$%`?1%(" %*9'$"*"+$'2()*")$" 4?a*"2$A&'$1K+$"%*9'$"*"

O(O$4"$"(2&?(5-*")(%"3$4(56$%"789412(%"A*"+$%+*H"f*+$2$1"O*'"(O'$%$A&('"("`?$%&-*"

)(" 0$%&-*" )$" +84&1O4(%" 1)$A&1)()$%" $" 1+(0$+" )(%" +('2(%" )$" 4?a*R" O(%%(A)*" V"

1+O*'&gA21(")(%"3$4(56$%"789412(%"A(")$G1A15-*")(%"$%&'(&/01(%")(%"2*+?A12(56$%H".%&$"

&JO12*" G*1" O*%&$'1*'+$A&$" )$%$AN*4N1)*" A("+1Ak(" '$G4$a-*" %*9'$" *%" )$%(G1*%" (2&?(1%"

O('("(%"3$4(56$%"789412(%"A(%"*'0(A1P(56$%"$"$+"O('&12?4('"A*"+$'2()*")*"4?a*H"p?(4"*"

O(O$4")(%"3$4(56$%"789412(%"A(")$G1A15-*")$"$%&'(&/01(%"O('("("2*+?A12(5-*")$"9$A%")$"

4?a*"O('$2$" %$'"?+(" &$+X&12("+?1&*"O*?2*"$%&?)()(H"B-*"%$'X"2*+"2$'&$P("(4k$1("("

$%&("'$(41)()$"*"G(2&*")$"$%&$"%$'"?+"+?A)*"+?1&*"G$2k()*R")$")1Gl214"(2$%%*"$"*A)$"*"

m%$0'$)*n"O('$2$"G(P$'"O('&$")("'$(41)()$"*'0(A1P(21*A(4H""

7('(" (" $4(9*'(5-*" )*" O'*Q$2&*R" $+" 2*A2'$&*R" 9(%$$1K+$" A*" 7'*2$%%*" )$" 3$4(56$%"

789412(%" $+" ]" $&(O(%" )$%$AN*4N1)*" O*'" f?&41OR" f$A&$'" $" t'**+" u!>d_vH" f*+$2$1" O*'"

G(P$'" ?+(" 1AN$%&10(5-*" %*9'$" *" %$2&*'" c?'1%+*" )$" W?a*" $+" 7*'&?0(4" $" %*9'$" *%"

O'*94$+(%" $" )$%(G1*%" `?$" *" +$%+*" $AG'$A&(" (2&?(4+$A&$H" 7*%&$'1*'+$A&$R" '$(41P$1"

?+(")$%2'15-*")*"2*+O4$a*"I*?'*"]!"$"?+("(AX41%$")("%?("2*A2*''\A21("O('(R"$A&-*R"

G(P$'"?+("(AX41%$"1A&$'A(R"$+"'$4(5-*"V%"G*'5(%"$"G'(`?$P(%")*"2*+O4$a*R"$"$a&$'A("A*"

`?$"'$%O$1&("V%"*O*'&?A1)()$%"$"(+$(5(%"$AG'$A&()(%"O$4*"+$%+*H"

h1A)(" (" G(%$" )$" )$G1A15-*" )*" O'*94$+(" )$9'?2$1K+$" %*9'$" (" O4(A1G12(5-*" )(" +1Ak("

$%&'(&/01(H"7('("&(4R")$&$'+1A$1"`?(1%"*%"*9Q$2&1N*%")$"+('s$&1A0"$")$"2*+?A12(5-*"("

2?+O'1'R"$%O$21G12(A)*"(*"AlN$4")*%"*9Q$2&1N*%"2*+?A12(21*A(1%"*9Q$2&1N*%"$%&'(&/012*%"

$" &X2&12*%" O('(" *%" )1G$'$A&$%" O89412*%H" I$" %$0?1)(R" 24(%%1G1`?$1" *%" O89412*%" (4N*%" )("

+1Ak("$%&'(&/01(")$"2*+?A12(5-*H""

:]"

S"G(%$"%$0?1A&$"2*A%1%&1?"A("$4(9*'(5-*")("$%&'(&/01(")$"2*+?A12(5-*"O('("*"I*?'*"]!R"

A("`?(4"G*'(+")$G1A1)(%"(%"+$A%(0$A%"("%$'"2*+?A12()(%"O('("(42(A5('"*%"*9Q$2&1N*%"

O'*O*%&*%R"9$+"2*+*R"`?(1%"*%"+$1*%"+(1%"1A)12()*%"O('(")1N?40('"$%%(%"+$A%(0$A%H""

.%&("$%&'(&/01("G*1"+(&$'1(41P()("$+"(256$%"`?$"O?)$%%$+"2*4*2('"("+$%+("$+"O'X&12(H"

7('(" $%&(%" (256$%" G*'(+" )$G1A1)(%"+/&'12(%" )$" (N(41(5-*" `?$" A-*" %J" 1'-*" O$'+1&1'" ("

+$)15-*" )*%" '$%?4&()*%" )*" O'*Q$2&*" $+" %1"+(%R" &(+9/+R" )$G1A1'" *%" (Q?%&$%" (" %$'$+"

&*+()*%"A("1+O4$+$A&(5-*")*"O'*Q$2&*H"

"

"

"

"

"

"

"

"

"

"

"

"

+6JK@C5?!""!E!'9!+?>9CF<B?A49!B?!14A=6B?!B4!)CD?!

!

:_"

S"Y1%&J'1(")$+*A%&'(KA*%"`?$"(*" 4*A0*")(%")1G$'$A&$%"/O*2(%"*"2*A%?+*")$"9$A%")$"

4?a*" $'(" $G$2&?()*" $a24?%1N(+$A&$" O$4(%" $41&$%" %*21(1%" $" $2*AJ+12(%H" .'(+" 9$A%"

$a24?%1N*%" $" O*'&(A&*" (2$%%lN$1%" (" ?+(" +1A*'1(H" S2&?(4+$A&$R" (%%1%&1+*%" (" ?+("

+?&(5-*"A*"+$'2()*")*"2*A%?+*")$"9$A%")$"4?a*"$"(*"%?'01+$A&*")$"A*N*%"&1O*%")$"

2*A%?+1)*'$%H"

7('(" O*)$'" $aO4*'('" (*" +Xa1+*" (%" O*&$A21(41)()$%" )$%&$" +$'2()*" /" A$2$%%X'1*"

2*Ak$2$'" (" G?A)*" `?$+" %-*" *%" 2*A%?+1)*'$%" (2&?(1%" $" *%" A*N*%" 2*A%?+1)*'$%" )*"

+$'2()*")*"4?a*"$R"+(1%"(1A)(R"`?(1%"%-*"(%"%?(%"+*&1N(56$%"(*"2*A%?+*")$%&$%"9$A%H"

@J" (%%1+" O*)$'-*" %$'" &'(5()(%" $%&'(&/01(%" )$" 2*+?A12(5-*" `?$" N-*" )$" $A2*A&'*" V%"

A$2$%%1)()$%")$%&$%"2*A%?+1)*'$%"$"`?$"%(&1%G(5(+"(%"%?(%"+*&1N(56$%"$+"O4$A*H"

QS!,4L<><7I?!4!4>TC6BA6F4>@?!B?9!>?X?9!=?>9CF<B?A49!B?!F4A=6B?!B?!5CD?!!

f*+"("$N*4?5-*")(%"%*21$)()$%"*21)$A&(1%"(%"A$2$%%1)()$%"O'1+X'1(%")$"0'(A)$"O('&$"

)(%"O*O?4(56$%" QX" %$"$A2*A&'(+"O4$A(+$A&$"%(&1%G$1&(%R"*"`?$"(9'$"(%"O*'&(%"O('("*"

%?'01+$A&*" )$" A*N(%" A$2$%%1)()$%" %$2?A)X'1(%" (" ?+" A8+$'*" 2()(" N$P" +(1*'" )$"

O$%%*(%H"S40?+(%")$%&(%"A$2$%%1)()$%")$"O$%%*(%"`?$"A-*"O$'&$A2$+" G*'5*%(+$A&$"

V%" $41&$%" %*21(1%" $" $2*AJ+12(%R" %-*" (0*'(" %(&1%G$1&(%" O$4(" (`?1%15-*" )$" 9$A%" )$" 4?a*R"

2*A2$1&*"`?$"2*+*"N1+*%"(A&$'1*'+$A&$"/"%?9Q$2&1N*"$"N('1("2*A%*(A&$"*"2*A&$a&*"$+"

`?$" *%" 1A)1Nl)?*%" $%&-*" 1A%$'1)*%H" o" $%&$" *" $A`?()'(+$A&*" `?$" O$'+1&$" (*%"

1AN$%&10()*'$%" )*" +$'2()*" '$G$'1'" `?$" (2&?(4+$A&$" $%&$Q(+*%" (" (%%1%&1'" V"

m+(%%1G12(5-*n")*"4?a*H"

E" (?+$A&*" )*%" '$A)1+$A&*%" )(" 24(%%$" +/)1(R" (" O('" )*" (?+$A&*" )*" 0'(?" )$"

$%2*4('1)()$" )(" +$%+(" $" )*" (2$%%*" V" 1AG*'+(5-*R" G(P" 2*+" `?$" %?'Q(+" A*N*%"

2*A%?+1)*'$%"`?$")$%$Q(+"O*%%?1'"9$A%")$"4?a*"$"`?$R"QX"&$A)*"O*)$'"$2*AJ+12*"O('("

1%%*R"*"O*%%(+"G(P$'"$G$2&1N(+$A&$R"&*'A(A)*"(%%1+"*"4?a*"+(1%"m)$+*2'X&12*nH"

]Wa,# ,&23*'367)*3h# R,+'4,-# 2a,# '367)*3hb# *)6# '),s-# [*)2*-7,-# 2%3)# 2'# -237/7)@# *)6#

6,-737)@# -'4,2a7)@# ,0-,# 4'3,# 0%&%37'%-# *)6# ,/,)# 4'3,# -;,+7*0"# 9# 0%&%3h# +')-%4,3#

,&;3,--,6# 2a7-# 7)+3,*-7)@# 6,-73,# ['3# ,/,3# @3,*2,3# *)6# @3,*2,3# 0%&%3hu# ]Wa,#4'3,# h'%#

:D"

a*/,b#2a,#4'3,#h'%#^*)2"#(2s-#*00#*R'%2#2a,#7)67/76%*0#*)6#a7-#'3#a,3#;,3-;,+27/,b#^a,3,#

2a,#7)67/76%*0#7-#7)#a7-#'3#a,3#07[,"_"uI(AP10$'R":;;_R"OX0H"{ivH"#

E?&'(" N('1XN$4" `?$" O*)$+*%" 1)$A&1G12('" A*" +$'2()*" )*" 4?a*" /" (" 1)()$" )*%"

2*A%?+1)*'$%H"w+("N$P"`?$"0'(A)$"O('&$")*"*'5(+$A&*")(%" G(+l41(%"(2&?(1%"/"0(%&*"

2*+"("$)?2(5-*")*%" G14k*%R"O$%%*(%"%*4&$1'(%"*?"2(%(1%" Q*N$A%"%$+"+?1&(%"*9'10(56$%"

G1A(A2$1'(%"$"`?$"()1$+"(")$21%-*")$"&$'"G14k*%"&\+"+(1*'"O*)$'"$2*AJ+12*R"*"`?$"G(P"

2*+"`?$"O*%%(+"()`?1'1'"9$A%")$"4?a*H"B*"$A&(A&*R"("G(1a("$&X'1("`?$"+(1%"2*A%?+$"

O'*)?&*%"$"%$'N15*%")$"4?a*"/"("G(1a(")*%"__"(*%"D]"(A*%"u2GH"I(AP10$'R":;;_vH".%&("G(1a("

$&X'1(" 2*''$%O*A)$" V%" O$%%*(%" `?$" QX" A-*" &\+" *9'10(56$%" 2*+" G14k*%R" O*'" $%&$%" QX"

%$'$+" 1A)$O$A)$A&$%R" &$A)*" (0*'(" 2(O(21)()$" G1A(A2$1'(" O('(" ()`?1'1'" O'*)?&*%" )$"

4?a*H"7*'"%$"$A2*A&'('$+"A*"G1A(4")(%"%?(%"2(''$1'(%"&\+R"&(+9/+R"&$+O*"O('("O*)$'"

?%?G'?1'")$"$aO$'1\A21(%"4?a?*%(%H"

.A`?(A&*" `?$" )?'(A&$" )/2()(%" *" 4?a*" $%&(N(" (%%*21()*" V" (`?1%15-*" )$" O'*)?&*%R"

(2&?(4+$A&$"("+(1*'1(")*%"2*A%?+1)*'$%"`?(A)*"`?$%&1*A()*%")1P$+"`?$")*%"9$A%")$"

4?a*"`?$"()`?1'$+"%-*"*%"%$'N15*%"`?$" 4k$%"O'*O*'21*A(+"+(1*'"%(&1%G(5-*H"I(AP10$'"

2*A%1)$'("M"0'(A)$%"2(&$0*'1(%")$"O'*)?&*%F"

!" 89':*! 5,-,1%*(## 932# *)6# *)27N%,-r# ,0,+23')7+-# *)6# ;a'2'@3*;ah# ,N%7;4,)2r#

[*R37+-b#^*00#*)6#^7)6'^#+'/,37)@-b#[%3)72%3,b#*)6#[0''3#+'/,37)@-r#@*36,)b#0*^)b#

*)6#;*27'#;3'6%+2-r# T72+a,)^*3,b# +''T^*3,b#*)6#T72+a,)#*;;07*)+,-r#R*2a#*)6#

R%7067)@#;3'6%+2-r# 07),)-#*)6#R,667)@r#*)6#2*R0,2';#;3'6%+2-b#67)),3^*3,b#*)6#

-2,4^*3,"#

1" ;*1('305! 5,-,1%*(## $%&%3h# *%2'4'R70,-r# R,*%2hb# +'-4,27+b# *)6# [3*@3*)+,#

;3'6%+2-r#0%&%3h#*;;*3,0#*)6#[*-a7')#*++,--'37,-r#*)6#S,^,03h#*)6v'3#^*2+a,-"##

8" <-&*1%*34%05! 5,-,1%*(## V&;,37,)+,-# -%+a# *-# 0%&%3h# 23*/,0b# [7),# 67)7)@b# *)6# -%+a#

,)2,32*7)4,)2# *-# 2a,*23,r# 0%&%3h# -,3/7+,-b# -%+a# *-# -;*b# R,*%2h# 23,*24,)2-b#

*)6v'3# +'-4,27+# -%3@,3hr# a'%-,T,,;7)@# *)6# a'%-,# +0,*)7)@r# @*36,)7)@# *)6#

0*)6-+*;7)@#-,3/7+,-r#*)6#a'4,#6,+'3*2'3-"_#uI(AP10$'R":;;_R"OX0H_:vH#

:<"

YXR"O*'&(A&*R"?+("A*N("&$A)\A21("A*"+$'2()*")$"4?a*"`?$"%$"O'$A)$"2*+"("O'*2?'("

)$"$aO$'1\A21(%R"+(1%")*"`?$"("O*%%$")$"9$A%"+(&$'1(1%H".%&("&$A)\A21("(%%*21()("(*"

G(2&*")$"(40?+(%"+('2(%"$%&('$+"("4(A5('"O'*)?&*%"+(1%"m$2*AJ+12*%nR"%*9'$&?)*"A*"

%$2&*'")("+*)("$")("Q*(4k('1(R"$"(*"(?+$A&*")*"O*)$'")$"2*+O'(")("24(%%$"+/)1(R"G(P"

2*+"`?$"%?'Q("(0*'("?+"mA*N*"4?a*nR"?+"4?a*"+(1%")$+*2'X&12*"$+"2*+O('(5-*"2*+"

*%"O'*)?&*%"+(1%"&'()121*A(1%"2*+*"*%"(?&*+JN$1%"*?"("(4&("'$4*Q*('1(")$"+('2(%"2*+"

+(1%"k1%&J'1(R"`?$"2*A&1A?(+"("%$'")$"+(1%")1Gl214"(2$%%*H"

7('("$a$+O41G12('"$%&("A*N("&$A)\A21(R"7(+$4("BH"I(AP10$'"21&("I*?04(%"#2|$AP$1F"

"]d,# ['+%-# ')# a'^# '%3# +07,)2-# ,&;,37,)+,# 0%&%3h# 7)# '%3# a'2,0-"# (2# @',-# ^*h# R,h')6#

-*27-[*+27')#2'#*#;,3-')*0#,&;,37,)+,"#I*32#'[#2a*2#,&;,37,)+,#7-# 74;*327)@#*#[,,07)@#'[#

,&+0%-7/72h"#P%3#@%,-2-#^*)2# 2'# [,,0# 07T,# 2a,#'),#*)6#')0h#@%,-2#^,#*3,#6,*07)@#^72a"#

Wa,h#,&;,+2#,/,3h2a7)@#2'#R,#6'),#['3#2a,4#')#*#/,3h#,&+0%-7/,#R*-7-""uI(AP10$'R":;;_R"

OX0H"DdvH#

c(4"2*+*"I*?04(%"#2|$AP$1"&(+9/+"AJ%"A$%&$"&'(9(4k*"A*%"2$A&'('$+*%"A*"2k(+()*"

4?a*"$aO$'1$A21(4H"o"O'$21%(+$A&$"$%&$"%$2&*'"`?$"O('$2$"A*%"84&1+*%"(A*%"$%&('"("&$'"

?+"2()("N$P"+(1*'"A8+$'*")$"()$O&*%H"E%"k*&/1%R"*"&'(A%O*'&$%"*?"(%"N1(0$A%")$"4?a*R"

%-*"(40?A%")*%"$a$+O4*%")*"&1O*")$"4?a*"'$G$'1)*H"

VS!,<9@<>7I?!B?9!B<X4A9?9!@<J?9!B4!>?X?9!=?>9CF<B?A49!B?!F4A=6B?!B?!5CD?!

c*)*%" *%" 2*A%?+1)*'$%" )$" 9$A%" )$" 4?a*" &\+" $+" 2*+?+" *" G(2&*" )$" (&'(N/%" )("

(`?1%15-*")$"9$A%"*?"%$'N15*%R"+(1%"*?"+$A*%R"m$a24?%1N*%n"O'*2?'('$+"*9&$'"O'(P$'"

O$4(" $aO$'1\A21(" `?$" $%&$%" O'*O*'21*A(+R" )1G$'$A21(A)*K%$" A*" %$1*" )$" ?+"

)$&$'+1A()*" 2*A&$a&*R" A*" $A&(A&*R" kX" )1N$'%(%" $%O$21G121)()$%" `?$" *%" )1%&1A0?$+"

$A&'$" %1R"`?$'" %$Q("O$4(" G'$`?\A21(")("2*+O'(R"O$4("+*&1N(5-*"V"+$%+("*?"O$4*" %$?"

O*)$'" $2*AJ+12*H" S*" 4*A0*" )$%&(" '$G4$a-*R" N*?" 2$A&'('K+$" %*9'$&?)*" %*9'$" ("

+*&1N(5-*"V"2*+O'(H"

B$%&$" %$A&1)*R" (" O'1+$1'(" )1G$'$A21(5-*" `?$" O*)$" %$'" G$1&(" )1P" '$%O$1&*" V%" (&1&?)$%"

O$'(A&$" (" 2*+O'(R" *?" %$Q(R" (%" +*&1N(56$%" `?$" 4$N(+" *%" 2*A%?+1)*'$%" (" ()`?1'1'"

:d"

O'*)?&*%" *?" %$'N15*%" )$" 4?a*H" W*0*" V" O('&1)(" kX" ?+(" )1%&1A5-*" $A&'$" )*1%" &1O*%" )$"

2*A%?+1)*'$%F"*%"m-2*2%-#+')-%4,3-n"$"*%"m3'0,f3,0*&,6#+')-%4,3-nH"

"E%"m-2*2%-#+')-%4,3-n"?&141P(+"*%"9$A%")$"4?a*"O('("%$"(G1'+('$+")$A&'*")*"0'?O*")$"

O$'&$A5(R" *?" O('(" &$A&('$+" (%2$A)$'" (" ?+" 0'?O*" (" `?$" (%O1'$+H"w&141P(+R" (%%1+R" *"

2*A%?+*"O('("(&1A01'"'$2*Ak$21+$A&*"$"O('("%$")1G$'$A21('$+"O$4*"%&(&?%"`?$"("O*%%$"

)$%&$%" 9$A%" 4k$%" (&'19?1" u2GH" f4('sR" }9*Q(" $" ,*4)%+1&kR" :;;<vH" 7'*2?'(+R" &(+9/+R"

(?+$A&('"*"%$?"%&(&?%"%*21(4R"(&'(N/%")*"%1+9*41%+*"`?$"/"(&'19?l)*"(*%"O'*)?&*%"`?$"

2*A%*+$+H" @-*" $a&'$+(+$A&$" +(&$'1(41%&(%" $" $%&-*" )1%O*%&*%" (" O(0('" *" `?$" G*'"

A$2$%%X'1*"O*'"O'*)?&*%"`?$"4k$%"2*AG1'(+"O'$%&l01*H"

]B3'%;#4,4R,3-a7;# 7-#R'2a#),+,--*3h#*)6#;-h+a'0'@7+*00h#-*27-[h7)@#2'#a%4*)#R,7)@-#

wH+72'/-Thb# !xx1p"# B3'%;# 4,4R,3-# -,,T# -7470*372h# ^72a# '2a,3# @3'%;# 4,4R,3-# 2'# R,#

*++,;2,6# 7)# 2a,# @3'%;"# F'^,/,3b# 4,3,# *++,;2*)+,# 7-# )'2# *0^*h-# ,)'%@a"# H'4,#

+')-%4,3-# ^*)2# 2'# 3,+,7/,# 3,+'@)727')# *)6# 67-27)+27')# ^72a7)# 2a,# @3'%;# wH+72'/-Thb#

!xx1p"# P),# ^*h# 2'# *+a7,/,# 2a7-# 7-# 2a3'%@a# -2*2%-# wL3*)Tb# !x\Q"p_" uf4('sR" }9*Q(" $"

,*4)%+1&kR":;;<R"OX0H"]DvH"

E%"]3'0,f3,0*&,6#+')-%4,3-_R"O*'"%?("N$PR"$G$2&?(+"(%"2*+O'(%"&$A)*"2*+*"O'1A21O(4"

+*&1N(5-*"(%"2('(2&$'l%&12(%")*"O'*)?&*H".G$2&?(+"?+"2*A%?+*"+(1%"?&141&X'1*R"&$A)*"

$+"2*A&("("G?A5-*"$"("`?(41)()$")*%"O'*)?&*%R"$+9*'("A-*"$N1&$+"(%"0'(A)$%"+('2(%H"

.%&-*" )1%O*%&*%" (" O(0('" *" O'$5*" `?$" 2*A%1)$'(+" Q?%&*" O$4*%" O'*)?&*%H" @-*"

2*A%?+1)*'$%" +(1%" 2*A%21$A&$%R" N$A)*K%$" (" %1" O'JO'1*%" 2*+*" 2*AG1(A&$%R" $)?2()*%R"

%$A%lN$1%R"1A&$410$A&$%"$"2*+"9*+"0*%&*"u2GH"f4('sR"}9*Q("$",*4)%+1&kR":;;<vH"

]E)07T,# 2a,# -2*2%-# +')-%4,3b# 2a,# 3'0,f3,0*&,6# +')-%4,3# ;%3+a*-,-# ;3'6%+2-# ['3# 2a,73#

7)2,)6,6#%-,#3*2a,3#2a*)#2a,#;3,-27@,#'3#-2*2%-#2a,#;3'6%+2#47@a2#+')/,h"#Wa7-#7-#)'2#2'#

74;0h# 2a*2# 3'0,f3,0*&,6# +')-%4,3-# *3,# +a,*;# *)6# */'76# R3*)6-"_" uf4('sR" }9*Q(" $"

,*4)%+1&kR":;;<R"OX0H"]<vH#

w+("*?&'("%$0+$A&(5-*"/"("`?$"A*%"/"O'*O*%&("O*'"7(+$4("BH"I(AP10$'"$+"W,2#Wa,4#

V*2# K*T," u:;;_v" *A)$" )$A&'*" )*%" 2*A%?+1)*'$%" 2*+" ?+" AlN$4" $4$N()*" )$" O*)$'" )$"

2*+O'(" 2*A%1)$'(" $+" `?(&'*" &1O*%" )$" A*N*%" 2*A%?+1)*'$%F" *%" ]c%22,3[07,-_T" *%"

:>"

]K'+''),3-_T" *%" ]9-;73,3-_" $" *%" ]yfL0%,)2-_"# .%&$%" `?(&'*" &1O*%" A-*" %$" )1%&1A0?$+"

%10A1G12(&1N(+$A&$" O$4*" A8+$'*" )$" O$%%*(%" `?$" *%" 1A&$0'(+R" A$+" O$4*" +*A&(A&$"

)$%O$A)1)*"A*"2*A%?+*")$"9$A%")$"4?a*H"@-*R"%1+R"2(&$0*'1(%"+*&1N(21*A(1%"A("'$4(5-*"

)*%"2*A%?+1)*'$%"2*+"*%"O'JO'1*%"9$A%H"

7(+$4("BH"I(AP10$'"u:;;_v"24(%%1G12("*%"]c%22,3[07,-_"2*+*"m2*A%?+1)*'$%")$"4?a*"+(1%"

$N*4?l)*%nH" .%&$%" 2*A%?+1)*'$%R" `?$" (A&$'1*'+$A&$" O(%%('(+" O$4*" $%&()*" )$"

]K'+''),3-_R" %-*" )*%" `?(&'*" &1O*%" (O'$%$A&()*%" (`?$4$%" `?$" %$" $A2*A&'(+" +(1%"

(G(%&()*%")$"%$A&1+$A&*%"$0*2\A&'12*%R"N*4&(A)*"("2*A$2&('K%$"2*+"*"+?A)*"$a&$'1*'H"

.+9*'(" ?&141P$+"*%" 9$A%" )$" 4?a*" 2*+*" G*'+(")$" (?&*K$aO'$%%-*R" '$G4$2&$+"+(1%" )*"

`?$"*%"'$%&(A&$%"&'\%"&1O*%")$"2*A%?+1)*'$%"%*9'$"("2*+O'("$"%(9$+"`?$"*"2*A%?+*"

$a(2$'9()*" )$" 9$A%" )$" 4?a*" A-*" 2*A%&1&?1" (" G*'+(" )$" '$(41P('$+" (%" %?(%" +$&(%"

O$%%*(1%R"$a1%&1A)*"+$%+*"?+"2*AG41&*"$A&'$"*%"9$A%"`?$"O*%%?$+"$"("%?("*'1$A&(5-*"

A-*"+(&$'1(41%&(H""

E%" ]K'+''),3-_" %-*" 2*A%?+1)*'$%" +()?'*%" $" $aO$'1$A&$%R" &$A)*" 2*A%21\A21("

'$4(&1N(+$A&$" V" '$%O*A%(9141)()$" %*21(4" `?$" (2(''$&(" *" %$?" $%&(&?&*" $2*AJ+12*H" @-*"

1A)1Nl)?*%"'$%O*A%XN$1%"%*21(4+$A&$"$"1AN$%&$+"?+("O('&$")*%"%$?%"'$2?'%*%"$+"*9'(%"

)$" 2('1)()$" `?$" $%2*4k$+" (O*1('" $" 2?Q*" (O*1*" 2*A%1)$'(+" *" %$?" 2*A&'19?&*" O('("

+$4k*'('"*"+?A)*H"7'*2?'(+R"O'$21%(+$A&$R"&*'A('"*"+?A)*"?+"4?0('"+$4k*'"("AlN$4"

0$'(4" $" %-*" $a&'$+(+$A&$" )$+*2'X&12*%" $+" '$4(5-*" (*" 4?a*R" 2*A%1)$'(A)*"`?$" $%&$"

)$N$'1("$%&('")1%O*AlN$4"O('("&*)(%"(%"O$%%*(%H"

I*%" `?(&'*" 0'?O*%" (O'$%$A&()*%" %-*" *%" +$A*%" +(&$'1(41%&(%R" A*" $A&(A&*R" A-*"

)1%O$A%(+"?+"%$'N15*")$"$a2$4\A21(R"A$+"O'*)?&*%")("+$4k*'"`?(41)()$H"7'$%21A)$+R"

%1+R")*"%&(&?%"`?$"("(`?1%15-*")$"9$A%")$"4?a*"4k$%"O*%%("*G$'$2$'H""

E%"]K'+''),3-_%-*"*%"2*A%?+1)*'$%"+(1%"G*2()*%"A*"4('"$"$+"%1"+$%+*%R"+(A&$A)*K

%$" m$+9'?4k()*%" A*%" %$?%" 2(%?4*%" 4?a?*%*%nH" f*A%*+$+" O'1A21O(4+$A&$" O'*)?&*%" $"

%$'N15*%" )$" 4?a*" )$%&1A()*%" V" )$2*'(5-*" )(%" %?(%" 2(%(%R" O('(" (%%1+" O'$$A2k$'$+"

&(+9/+"*%"%$?%"N(P1*%"$+*21*A(1%H"c$A&(+"$%O$4k('"A(%"%?(%"2(%(%"*"%$?"m$?"1A&$'1*'n"

$" (" %?(" O$'%*A(41)()$R" 1AN$%&1A)*" A*%" %$?%" m2(%?4*%n" *%" %$?%" '$2?'%*%" $+*21*A(1%" $"

M;"

G1A(A2$1'*%R"A-*")$+*A%&'(A)*"+?1&*" 1A&$'$%%$"A*%"O'*94$+(%"%*21(1%"`?$"(G$2&(+"*"

'$%&*")*"+?A)*H"

E%" ]9-;73,3-_" %-*" 2*A%?+1)*'$%" `?$" (1A)(" A-*" (&1A01'(+" *" AlN$4" )$" 4?a*" A*" `?(4"

(%O1'(+"N1N$'H".A2('(+"*"4?a*"2*+*"?+("$aO'$%%-*")(`?14*"`?$"%-*"$")*"+?A)*"$+"

`?$" (+9121*A(+" $%&('H" @-*" )*%" `?(&'*" 0'?O*%" *" +(1%" +(&$'1(41%&(" $" ()`?1'$+"

%*9'$&?)*"O'*)?&*%R"(2?+?4(A)*K*%R"(*"1AN/%")$"$aO$'1\A21(%H"7('("$4$%R"*%"O'*)?&*%"

)$"4?a*"%J"O*)$+"%$'"$A2('()*%"$A`?(A&*"&(1%"`?(A)*"O$'&$A2$+"("?+(")$&$'+1A()("

+('2(R"'$2*Ak$21)("O*'"(`?$4$%"`?$"`?$'$+"1+O'$%%1*A('"2*+*"+('2(")$"4?a*H"

E%"]yfL0%,)2-_%-*"2*A%?+1)*'$%"`?$"(&'(N/%")*"2*A%?+*")$"9$A%"$"%$'N15*%")$" 4?a*"

O'*2?'(+" N1N$'" (" N1)(" )*%" m'12*%" $" G(+*%*%nH" @-*" *%" `?$" G(P$+" (%" 2*+O'(%"+$A*%"

'(21*A(1%" $" +(1%" 1+O?4%1N(%R" )$%O$A)$A)*" 0'(A)$" O('&$" )(" %?(" $A$'01(" $" '$2?'%*%"

G1A(A2$1'*%"A*"2*A%?+*")$" 4?a*H".%&$%"2*A%?+1)*'$%"'$&1'(+"1+$A%*"O'(P$'")*"$%&14*"

)$"N1)(" 4?a?*%*"`?$" &\+"$"A-*")$+*A%&'(+"O'$*2?O(56$%" %*21(1%H"c\+"?+("(&1&?)$"

O*%1&1N("$"*O&1+1%&("$"$%O$'(+"(?+$A&('"*"%$?"2*A%?+*")$"9$A%")$"4?a*H"

w+" &'(9(4k*" $a(?%&1N*" %*9'$" (%" +84&1O4(%" O*%%19141)()$%" )$" %$0+$A&('" *%" O89412*%"

m241$A&$%n" A(" X'$(" )$" 4?a*" A-*" %$'1(" A$+" N1XN$4" A$+" 8&14" O('(" *" &'(9(4k*" `?$" (`?1"

(O'$%$A&(+*%R" O$4*" `?$" O'$G$'1+*%" %(41$A&('" %*+$A&$" *?&'*%" )*1%" &1O*%" )$"

2*A%?+1)*'$%R"*%"m$a2?'%1*A1%&(%n"$"*%"m$2*K4?a?*%*%nH"

E"O'1+$1'*"0'?O*"'$G$'1)*"/"2('(2&$'1P()*"&$A)*"2*+*"N('1XN$4"("G'$`?\A21("2*+"`?$"

2*A%*+$+" 9$A%" )$" 4?a*" u?+(" (2$O5-*" `?$" $A04*9(" &(+9/+" %$'N15*%vH" E%"

m$a2?'%1*A1%&(%n" %-*" 241$A&$%" A-*" k(91&?(1%" )*" +$'2()*" )$" 4?a*H" B*'+(4+$A&$R" %-*"

O$%%*(%"`?$"O$'&$A2$+"V"24(%%$"+/)1("$"`?$"A-*"&\+"*"O*)$'")$"2*+O'(")*%"0'?O*%"

(A&$'1*'$%R" 2*A%?+1A)*R" A*" $A&(A&*R" O'*)?&*%" $" %$'N15*%" )$" 4?a*" )$" G*'+(" +?1&*"

$%O*'X)12(R" A*'+(4+$A&$" $+" +*+$A&*%" $%O$21(1%" 2*+*" (A1N$'%X'1*%" *?" *?&'(%"

2*+$+*'(56$%H"

YXR" (1A)(R" *?&'*" &1O*" )$" 2*A%?+1)*'$%" `?$" /" 1+O*'&(A&$" %(41$A&('R" *%" 2*A%?+1)*'$%"

`?$" O'*2?'(+" *" m.2*K4?a*nH" .%&$%" 2*A%?+1)*'$%" )$+*A%&'(+" G*'&$%" O'$*2?O(56$%"

%*21(1%"$"(+91$A&(1%"$"$+9*'("A-*"O'$%21A)(+")*"2*A%?+*")$"9$A%")$"4?a*R"O'*2?'(+"

M!"

+('2(%"`?$"N$12?4$+"N(4*'$%")$"%?%&$A&(9141)()$"%J21*K(+91$A&(4"$"`?$"%$"O*%121*A$+"

2*+*"&(4H"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

+6JK@C5?! """!E!'!(6J45!-9J4=KL<=?!B69!04567849!(:;5<=69!>?!14A=6B?!

B4!)CD?!

"

M:"

QS!/!Y49@I?!B4!1:5@<J569!"B4>@<B6B49!

.a1%&$"?+"2*A%$A%*"04*9(4"A*"+$1*"(2()/+12*"$"$+O'$%('1(4")("2'$%2$A&$"1+O*'&gA21("

)("0$%&-*"$%&'(&/012(")("1)$A&1)()$")(%"1A%&1&?156$%H""

I()*"("`?$%&-*")("1)$A&1)()$"%$'"?+"&$+("2*+O4$a*"$"(1A)("9(%&(A&$")$9(&1)*"O$4(%"

0'(A)$%" 41Ak(%" )$" 1AN$%&10(5-*R" O*'" ?+(" `?$%&-*" )$" $A`?()'(+$A&*R" *O&*" O*'"

(O'$%$A&('"*"+*)$4*")*"`?(4"O('&$+"t(4+$'"$",'$L%$'"$+"G,/,*07)@#2a,#K'3;'3*27')#

u:;;MvR"*"Sf:eI"c$%&

c#H".%&$"+*)$4*R"$A04*9("$+"%1"21A2*"&1O*%")$"1)$A&1)()$F"

• =)*34%)0)*!>24,05!E!f*A%&1&?l)("O*'")1N$'%*%"$4$+$A&*%"(2&?(1%")("*'0(A1P(5-*R"

2*+*"*"$%&14*")$"0$%&-*"$"41)$'(A5(R"("$%&'?&?'(R"("X'$(")$"A$0J21*"$"+$'2()*R"

*" &1O*" $" `?(41)()$" )*%" O'*)?&*%" *?" %$'N15*%" O'$%&()*%" $" *" )$%$+O$Ak*" )("

*'0(A1P(5-*R"9$+"2*+*R"*%"%$?%"N(4*'$%H"

• =)*34%)0)*! ?':,3%20)0! E! f*A%&1&?l)(" O$4(" 2*+?A12(5-*" 2*A&'*4()(" O$4("

*'0(A1P(5-*H"o"&'(A%+1&1)("O*'"G$''(+$A&(%"$"&/2A12(%")$"2*+?A12(5-*R"2*+*"("

O?94121)()$R" *" ;3'6%+2# ;0*+,4,)2" $" *" O(&'*2lA1*R" `?$" 2*A%&'*$+" $" )1N?40(+"

+$A%(0$A%" O'*)?P1)(%" O$4(" *'0(A1P(5-*H" B*" $A&(A&*R" )$'1N(" )(" 2*+?A12(5-*"

A-*"2*A&'*4()(R"2*+*"*"^'36#'[#4'%2a"$"("2*9$'&?'(")*%"+$)1(H"

• =)*34%)0)*! ?'32*@%)0! E! f*A%&1&?l)(" O*'" 2*A2$1&*%" `?$" O*)$+" %$'"

O$'2$O21*A()*%" O$4*%" %$?%" -2*T,a'06,3-R" 2*+*" (" 1+(0$+" 2*'O*'(&1N(" $" ("

'$O?&(5-*H"

• =)*34%)0)*! =)*05! E! f*A%&1&?l)(" O$4*" O*%121*A(+$A&*" 1)$(4" )(" *'0(A1P(5-*" A*"

%$?"+$'2()*R" A?+" )$&$'+1A()*" O$'l*)*H" o" 9(%$()(" A(" $%&'(&/01(" )(" O'JO'1("

*'0(A1P(5-*R" A(%" %?(%" 2(O(21)()$%" $" $+" O'$N1%6$%" )*" %$?" )$%$+O$Ak*" A*"

G?&?'*H" .%&(%" O'$N1%6$%" %-*" 1A%$'1)(%" A?+(" )$&$'+1A()(" 1A)8%&'1(" $" X'$(" )$"

A$0J21*R" &$A)*" $+" 2*A&(" (" %?(" 2*A2*''\A21(H" S" e)$A&1)()$" e)$(4" O*)$" %$'"

(G$2&()("O*'"G(2&*'$%"$a&$'A*%"V"*'0(A1P(5-*H"

• =)*34%)0)*!A*(*B0)0!E!f*A%&1&?l)("O$4("N1%-*")*%"41)$'$%")("*'0(A1P(5-*"%*9'$"

(" +$%+(H"#?1&(%" N$P$%" 2*AG?A)1)(" 2*+" (" 1)$A&1)()$" 1)$(4R" $A`?(A&*" `?$" ("

MM"

+$%+(" %?'0$")$"O$%`?1%(" $" (AX41%$R" (" 1)$A&1)()$")$%$Q()(" $%&X"+?1&(%" N$P$%"

(%%*21()("2*+"("N1%-*"O$%%*(4"`?$"("()+1A1%&'(5-*"&$+"O('("("*'0(A1P(5-*H"

f()("?+(")$%&(%"2(&$0*'1(%")$"1)$A&1)()$"(O'$%$A&("9(%&(A&$%"N('1(56$%R"?+("N$P"`?$"

2()("?+")*%"-2*T,a'06,3-")("*'0(A1P(5-*"O*)$"G*'+?4('"?+("O$'2$O5-*")1G$'$A&$")("

+$%+(" 1)$A&1)()$"`?$"/"2*+?A12()(H"B$%&$"%$A&1)*R"O*)$+*%")1P$'"`?$"(%" 1+(0$A%"

%-*"+84&1O4(%R"*?"%$Q(R"(4/+")$"A-*"%$'$+"$%&(A`?$%"$")$"%$"()(O&('$+"V"$AN*4N$A&$R"

N('1(+" 2*A%*(A&$" *%" -2*T,a'06,3-H" .%&$%" -2*T,a'06,3-" '$2*4k$+" 1AG*'+(5-*" )$"

)1N$'%(%" G*A&$%"$"2*A%1)$'(+"A-*"%J"(" 1AG*'+(5-*"`?$"/"O'*)?P1)("O$4("*'0(A1P(5-*"

+(%R" &(+9/+R" +(%R" (`?$4(" `?$" /" O'*)?P1)(" O*'" *?&'*%" (0$A&$%" `?$" )1'$2&(" *?"

1A)1'$2&(+$A&$"%$"'$4(21*A(+"2*+"("*'0(A1P(5-*H"

VS!"B4>@<B6B4!4!"F6G4F!>6!+?FC><=67I?!B4!16A=69!B4!)CD?!

@?%(A(",('21("u:;;Mv")$G1A$"("1)$A&1)()$"$"("1+(0$+"2*+*"G(2&*'$%"G?42'(1%"O('("4$N('"

*"2*A%?+1)*'"("$4$0$'")$&$'+1A()("+('2(")$" 4?a*H"7('(")$G1A1'" 1)$A&1)()$R"("(?&*'("

(O'$%$A&(KA*%" (" N1%-*" )$" |(OG$'$'R" O('(" `?$+" ?+("+('2(F" &$+" ?+(" O$'%*A(41)()$"

O'JO'1(R"`?$"%$" '$G4$2&$"A(" G*'+("2*+*"(O'$%$A&("*%"O'*)?&*%T" &$+"?+"2*AQ?A&*")$"

2('(2&$'l%&12(%"*9Q$2&1N(%"*?"4(&$A&$%T"O*%%?1"?+"?A1N$'%*"2?4&?'(4"2*A%&1&?l)*"O*'"?+"

%1%&$+(")$"N(4*'$%T"/"?+("G*'+(")$"$aO'$%%-*"`?(A)*"2*+?A12(+*%"2*+"*%"*?&'*%T"/"

?+"'$G4$a*")("1+(0$+")*"%$?"2*A%?+1)*'"$")("1+(0$+"`?$"$%&$"`?$'"&'(A%+1&1'")$"%1"

+$%+*T"/"?+"+*)$4*")$"1)$A&1G12(5-*"$"/"?+("+$A&(41P(5-*R"*?"%$Q(R"?+("G*'+(")$"

$aO'1+1'"*"1A&$'1*'")*%"1A)1Nl)?*%R"O$4("'$4(5-*"`?$"$%&$%"$%&(9$4$2$+"2*+"*"N(4*'")(%"

+('2(%"`?$"2*A%*+$+H""

S"e+(0$+R"O*'"%?("N$PR"$%&X"'$4(21*A()("2*+"("'$2$O5-*"$"2*+"("'$O'$%$A&(5-*"`?$"*%"

O89412*%"N-*"2*A%&'?1'")("+('2(H"o"*"+*)*"2*+*"*%"+$%+*%")$%2*)1G12(+"*%" %10A*%"

`?$"%-*"'$2*4k1)*%")(%"+(A1G$%&(56$%")("+('2("$"(%"1A&$'O'$&(56$%"`?$"4k$%"(&'19?$+R"

O$'+1&1A)*R"(%%1+R")1G$'$A21('"?+("+('2("$%O$2lG12(")(%"%?(%"2*A2*''$A&$%"u2GH",('21(R"

:;;MvH""

I(" Q?A5-*" )$" 1)$A&1)()$" $" 1+(0$+" %?'0$" (" O'$G$'\A21(H" E%" 2*A%?+1)*'$%" O'*2?'(+"

+('2(%"`?$"%$Q(+"'$(4+$A&$"O('("$4$%R"`?$"G(4$+"%*9'$"$4$%R"`?$"*%"2*+O4$+$A&$+"$"

M]"

`?$"'$G412&(+"("%?("$%%\A21("u2GH"I(AP10$'R":;;_vH"#('2(%"$%&(%"`?$"A-*"%J"$aO'1+(+"("

%?(" O$'%*A(41)()$R" 2*+*" &(+9/+" *" %$?" $%&(&?&*R" O*%121*A(+$A&*" O$%%*(4" $" *" %$?"

4?0('"A("%*21$)()$H"

ZS!/!"FJ?A@[>=<6!B69!04567849!(:;5<=69!>6!-9@A6@NG<6!B69!'AG6><\67849!

B*%"O'*2$%%*%")$"&*+()(")$")$21%-*R"(%"*'0(A1P(56$%"&*+(+"$+"2*A%1)$'(5-*"&(A&*"

*%"(%O$2&*%" '$O'$%$A&(&1N*%")("O'JO'1("*'0(A1P(5-*R" 2*+*"*%")("%?("$AN*4N$A&$H"7*'"

(%O$2&*%"'$O'$%$A&(&1N*%"$A&$A)$K%$"*"2*AQ?A&*")$"O$'2$O56$%"O('&14k()(%R")*"`?$"/"("

*'0(A1P(5-*"$")*"`?$"/"("%?("$AN*4N$A&$R"`?$"*%"+$+9'*%"2*+"4$01&1+1)()$"?&141P(+"

O('("&*+('")$21%6$%"u2GH"jk1&$"Z"I*P1$'R"!>>:vH"

S" 2*+O4$a1)()$" $" (" N$4*21)()$" 2*+" `?$" %$" (4&$'(+" $%&$%" (%O$2&*%" '$O'$%$A&(&1N*%"

G(P$+"2*+"`?$"(%"*'0(A1P(56$%"2*4*`?$+"A?+"AlN$4"O'1+*')1(4"("1+O*'&gA21(")()("V%"

'$4(56$%"`?$"+(A&\+"2*+"2()("?+")*%"%$?%"0'?O*%")$"%&(s$k*4)$'%H"

E%" +$+9'*%" )(%" *'0(A1P(56$%R" `?$" )$21)$+" *" '?+*" )(%" +$%+(%R" O'$21%(+" )$"

1AG*'+(5-*"O$'&1A$A&$"$"G1XN$4"O('("`?$"$%&(%")$21%6$%"O*%%(+"%$'"$G$2&1N(%H"U*A"jk1&$"

$" I(N1)"#H" I*P1$'" u!>>:v" 2k(+(+" (" $%&$%" O'*G1%%1*A(1%" *%" mR'%)6*3h# -;*)),3-nR" *?"

%$Q(R" (`?$4$%" `?$" O$'+1&$+" (4('0('" (%" G'*A&$1'(%" )(" O$'2$O5-*" )(" $AN*4N$A&$H" .%&$"

2*A&'19?&*"/")()*"O$4*%"O'*G1%%1*A(1%")$"3$4(56$%"789412(%"`?$"A-*" %J"O'*N1)$A21(+"

1AG*'+(5-*"(*%"$4$+$A&*%")$21%*'$%"%*9'$"("%1&?(5-*")(%"'$4(56$%"2*+"2()("?+")*%"

-2*T,a'06,3-R" 2*+*" &(+9/+"$%&(9$4$2$+"*%"*9Q$2&1N*%"`?$")$N$+"%$'"(&1A01)*%"A(%"

'$4(56$%" 2*+" *%" +$%+*%R" 4*0*R" `?$" )$N$+" %$'" 1A2*'O*'()*%" A(" $%&'(&/01(" )("

*'0(A1P(5-*H"

f(9$R" &(+9/+R" (*%" O'*G1%%1*A(1%" )$" 3$4(56$%" 789412(%" (2*A%$4k('" *%" 0$%&*'$%" )(%"

)1G$'$A&$%"*'0(A1P(56$%"A("&*+()(")$")$21%6$%"$")$G1A1'"2*+*"2*+?A12('"(%")$21%6$%"

$%&'(&/012(%" &*+()(%" O$4(" *'0(A1P(5-*R" O('(" `?$" (%" +$%+(%" %$Q(+" O$'2$O21*A()(%"

O$4(%"O('&$%"1A&$'$%%()(%")("G*'+("O'$&$A)1)("O$4("+$%+(H"

I$%&$"+*)*R" (%" 3$4(56$%" 789412(%" G(P$+" 2*+" `?$" (%" *'0(A1P(56$%" %$Q(+"+(1%" 9$+"

%?2$)1)(%" A(%" %?(%" )$21%6$%" $%&'(&/012(%R" $" A(" 2*+?A12(5-*" )(%" +$%+(%R"

M_"

%(4N(0?(')(A)*" &(+9/+" *%" 1A&$'$%%$%" )*%" %$?%" -2*T,a'06,3-R" O'$N$A1A)*" (%%1+"

2*AG41&*%" `?$"O?)$%%$+" %?'01'" &(A&*")$"+X%")$21%6$%" 2*+*")("+X" 2*+?A12(5-*")(%"

)$21%6$%"$")(%"$%&'(&/01(%")$%$AN*4N1)(%H"

PS!'9!/=@C6<9!,496L<?9!J6A6!69!04567849!(:;5<=69!>69!'AG6><\67849!

S" $a1%&\A21(" )$" ?+(" $%&'(&/01(" )$" '$4(56$%" O89412(%" O'$%%?O6$R" ("+*A&(A&$R" `?$" (%"

+$%+(%"%$Q(+"'$2*Ak$21)(%"A("*'0(A1P(5-*"2*+*"?+("G?A5-*"$%&'(&/012(R"2*+"?+("

1)$A&1)()$" )1%21O41A('" O'JO'1(R" 2(O(P" )$" O'*O*'21*A('" V%" *'0(A1P(56$%" ?+(" 2*''$2&("

()(O&(5-*"V"%?("$AN*4N$A&$R"(42(A5(A)*"?+"9(4(A5*"$A&'$"*%"1A&$'$%%$%"2*+$'21(%")("

*'0(A1P(5-*"$"*%"2*+O*'&(+$A&*%"(2$1&$%"O$4("%*21$)()$"u2GH"@&$LAR":;;DvH"p?(A)*"(%"

*'0(A1P(56$%"'$2*Ak$2$+"(%"'$4(56$%"O89412(%"2*+*"?+("G?A5-*"$%&'(&/012(R"`?(A)*"("

$%&'(&/01(")$" '$4(56$%"O89412(%"/" 1A2*'O*'()("A("O'JO'1("$%&'(&/01(")("*'0(A1P(5-*"$"

`?(A)*"(%"'$4(56$%"O89412(%"%-*"&*+()(%"$+"2*A%1)$'(5-*"A(")$G1A15-*")("+$%+("%$+"

`?$" *" %$?" O(O$4" %$Q(" `?$%&1*A()*R" O*)$+*%" (G1'+('R" $A&-*R" `?$" A-*" %J" (%" '$4(56$%"

O89412(%" $%&-*" 1A%&1&?21*A(41P()(%" A(%" *'0(A1P(56$%" 2*+*" )1%21O41A(R" +(%" %*9'$&?)*"

2*+*" G?A5-*" $%&'(&/012(H" S" $%&'(&/01(" )$" '$4(56$%" O89412(%" $" (" $%&'(&/01(" )("

*'0(A1P(5-*"O(%%(+R"(%%1+R"("$%&('"1A&$0'()(%H""

@$0?A)*" ,'?A10R" c*))" Y?A&" $" U(+$%" .H" u!>dMvR" (%" '$4(56$%" O89412(%" 24('1G12(+" *%"

*9Q$2&1N*%R"+1%%-*R")1'$25-*R"N(4*'$%"$"O4(A$(+$A&*"$%&'(&/012*")("*'0(A1P(5-*R"O('("

`?$"$%&("%$"(O'$%$A&$")$"G*'+("2*A%1%&$A&$H"p?(A)*"G(4(+*%")$"+('2(%")$"4?a*!R")$"

`?$" G*'+(" O*)$+" (%" '$4(56$%" O89412(%" (Q?)('" (" `?$" (%" +$%+(%" +(A&$Ak(+" $%&("

2*A%1%&\A21("(*"4*A0*")("%?("2*+?A12(5-*b"

]S!'9!/=@C6<9!,496L<?9!J6A6!69!04567849!(:;5<=69!>?!14A=6B?!B?!)CD?!

!"7*'"+('2(%R"$A&$A)$+*%R"?+("0('(A&1(")$"*'10$+"$"`?(41)()$R"`?$"G(N*'$2$"*"2*Ak$21+$A&*")*%"9$A%"

$")1+1A?1"*"'1%2*"`?$"*"2*A%?+1)*'"2*''$"A("%?("(`?1%15-*R"G(2141&(A)*R"(1A)(R"("%?("O*%&$'1*'"G1)$41P(5-*"

u2GH" W1A)*AR" W$A)'$N1$R" 3*)'10?$%" $" I1*Al%1*R" !>>>vH" S%" +('2(%" )1G$'$A21(+" *%" O'*)?&*%" $" )-*K4k$%"

%$A&1)*H"7('("*%"O'*)?&*%")$"4?a*"("+(1%"N(41("`?$"("+('2("(2'$%2$A&("/"$%%$A21(4"A("O$'2$O5-*")*"N(4*'"

)*"O'JO'1*"9$+H"S%"+('2(%")$"4?a*"&'(A%+1&$+"("%?("1)$A&1)()$"(*%"1A)1Nl)?*%"$"2*+?A12(+"%*9'$"*%"

+$%+*%R"%*9'$"("%?("1A)1N1)?(41)()$"$"("%?("O$'%*A(41)()$R"O'*O*'21*A(A)*R"(%%1+R"?+"O'*2$%%*")?O4*"

)$" 1)$A&1G12(5-*" O$4(" (%%*21(5-*" $" O'*Q$25-*" )$" N(4*'$%" 2*+?A%" u2GH" W1A)*AR" W$A)'$N1$R" 3*)'10?$%" $"

I1*Al%1*R"!>>>vH"

MD"

S&'(N/%" )(" 2*+?A12(5-*" (%"+('2(%" &$A&(+" 1AG*'+('R" 2(O&('" (&$A5-*R" 0$'('" (&1&?)$%"

O*%1&1N(%R" $%&1+?4('" *" )$%$Q*" O$4(" +('2(R" &*'AXK4(" O'$G$'1)(" $" &(+9/+" O'$%$A&$" A("

+$A&$" )*%" 2*A%?+1)*'$%" u2GH" fk$N(41$'" $"#(PP(4*N*R" :;;dvH" B*" $A&(A&*R" O('(" $%&$%"

(?&*'$%R"*"`?$" &*'A("(%"+('2(%" 2*+O$&1&1N(%"A*"+$'2()*")*" 4?a*"/"(" 2(O(21)()$")$"

$%&(%" G(P$'$+" %$A&1)*" O('(" *" 2*A%?+1)*'R" &'(A%+1&1A)*K4k$" %10A1G12()*%" (*" 1AN/%" )$"

%*+$A&$"1AG*'+(5-*H"@-*"$%&$%"%10A1G12()*%"`?$"O$'+1&$+"V%"+('2(%"2*+?A12('"("%?("

1)$A&1)()$"$"2(O&('"("(&$A5-*")*%"%$?%"O89412*%H"

S"2()$1(")$"2*+O'("O('("?+"2*A%?+1)*'"2*+$5("2*+"("O$'2$O5-*")(" 1)$A&1)()$")("

+('2(R" O$4(%" )1N$'%(%"+(A1G$%&(56$%" `?$" *" 2*A%?+1)*'" (O'$$A)$R" G*'+(A)*R" (%%1+R"

?+(" 1+(0$+" )(" +$%+(" A(" %?(" +$A&$R" (&'19?1A)*K4k$" ?+" %10A1G12()*H" 7(%%()(" $%&("

$&(O(R" %$0?$K%$" (" 2*A%21$A21(41P(5-*R" (" +$+*'1P(5-*R" (" 2*A%&'?5-*" )$" ?+(" (&1&?)$"

O$'(A&$" ("+('2(R" (" O'$G$'\A21(" $" (" 1A&$A5-*" )$" 2*+O'(" u2GH" fk$N(41$'"Z"#(PP(4*N*R"

:;;dvH"E"O'*2$%%*"&$'+1A("2*+"("$G$2&1N(5-*")("+$%+(H"B*"$A&(A&*R"?+")*%"0'(A)$%"

)$%(G1*%" O('(" (" 2*+?A12(5-*" )(%" +('2(%" )$" 4?a*" A-*" /" 4$N('" *%" 2*A%?+1)*'$%" ("

O$'2*''$'" *" 2(+1Ak*" )(" 2*+O'(R"+(%" %1+" G(P$'" 2*+" `?$" *%" )1N$'%*%" O89412*%" 2'1$+"

?+("N$')()$1'("410(5-*"2*+"(%"+('2(%=*'0(A1P(56$%H"

S%"+('2(%")$"4?a*"(*"$%&('$+"+(1%"410()(%"(*%"N(4*'$%"$"V%"$+*56$%"G(P$+"2*+"`?$"*%"

%$?%"O89412*%"`?$1'(+R"O*'"%1"%JR"$%&(9$4$2$'"?+("'$4(5-*"(1A)("+(1%"O'*G?A)("2*+"(%"

+$%+(%"u2GH"I(AP10$'R":;;_vH""

@?%(A(" ,('21(" u:;;Mv" (O'$%$A&(KA*%" ?+(R" O*%%lN$4R" 2(&$0*'1P(5-*" )*%" O89412*%"

O'$G$'$A21(1%" A*" %$2&*'" )*" 4?a*R" )$" $A&'$" *%" `?(1%" )$%&(2(+*%F" *%" f*A%?+1)*'$%" $"

7*&$A21(1%" f*A%?+1)*'$%" u`?$" ()`?1'$+" ()`?1'1'" *%" 9$A%vT" *%"#$)1(" )1&*%" 24X%%12*%R"

9$+" 2*+*R" $+" (40?+(%" %1&?(56$%" *%" -'+7*0# 4,67*T" *%" Wl)$'$%" )$" EO1A1-*" u`?$"

1+O(2&(+" *%" 2*A%?+1)*'$%" G1A(1%v" $" *%" 3$2?'%*%" Y?+(A*%" u`?$" )$N$+" '$G4$2&1'" ("

1)$A&1)()$")("*'0(A1P(5-*R"%*9'$&?)*"A("O'$%&(5-*")$"%$'N15*%vH""

@$0?A)*" 7(+$4(" BH" I(AP10$'" u:;;_v" *" )$%(G1*" O('(" (" 2*A%&'?5-*" $" %*41)1G12(5-*" )(%"

+('2(%" A*" G?&?'*" /" 2*A%$0?1'" 2*A&*'A('" *%" 2(A(1%" )$" 2*+?A12(5-*" )$%*')$A()*%" $"

$%&(9$4$2$'"?+("'$4(5-*"(*"AlN$4"$+*21*A(4"2*+"*%")1N$'%*%"O89412*%"(4N*H"["+$)1)("

M<"

`?$"("1A(2$%%19141)()$")*%"9$A%"(?+$A&("("O?94121)()$"(*%"+$%+*%")1+1A?1R"&*'A(A)*K

%$"(%"'$4(56$%"O89412(%"("O'1A21O(4"X'$(")("2*+?A12(5-*"("%$'"?&141P()("$"A(40?A%"2(%*%"

("8A12(H"B$%&$" %$A&1)*R" (%" '$4(56$%"O89412(%" &\+"A*"+$'2()*")*" 4?a*"?+("$a2$4$A&$"

*O*'&?A1)()$"O('("%$"1A%&1&?21*A(41P('$+")$"G*'+("%/'1("$"2'$)lN$4H"

^S!/9!04567849!(:;5<=69!4>TC6>@?!_C>7I?!-9@A6@NG<=6!>?!14A=6B?!B?!)CD?!

p?(A)*" (%" '$4(56$%" O89412(%" %-*" 2k(+()(%" (" &*+('" O('&$" A*%" O'*2$%%*%" )$21%-*" )("

0$%&-*" )*" +$'2()*" )*" 4?a*R" O*)$+*%" 2*A%1)$'('R" $A&-*R" `?$" (%" +$%+(%" (%%?+$+"

?+("G?A5-*"$%&'(&/012(H"

.%&(" G?A5-*R" &(4" 2*+*" '$(45(+" U(+$%" .H" ,'?A10" $" c*))" Y?A&" u!>dMv" 2*A%1%&$" A*"

O4(A$(+$A&*")("$%&'(&/01(")$" '$4(56$%"O89412(%")(%"*'0(A1P(56$%R"$%&(A)*"$AN*4N1)("

$+" &*)*%" *%" O'*2$%%*%" )$" )$21%-*" )(" *'0(A1P(5-*R" ?&141P(A)*" 2*+*" G?A)(+$A&*"

+$&*)*4J012*" O$%`?1%(%" A-*" %J" O('(" O4(A$('R" 2*+*" &(+9/+" O('(" (N(41('" *" %$?"

&'(9(4k*H""

c'(A%O*A)*" $%&(" '$(41)()$" O('(" (%" $+O'$%(%" $"+('2(%" )$" 4?a*R" /" GX214" O$'2$9$'" `?$"

A?+"+$'2()*"2*+O4$a*R"$+"`?$"("2*+?A12(5-*"2*+"*%")1N$'%*%"O89412*%"/"9(%&(A&$"

2?1)()("$"*9$)$2$"("?+"O4(A$(+$A&*"$%&'(&/012*R"(%"'$4(56$%"O89412(%"(%%?+$+"?+"

O(O$4" G?42'(4" A-*" %J" A(" $4(9*'(5-*" $" 1+O4$+$A&(5-*" )(%" )1G$'$A&$%" $%&'(&/01(%R" $+"

2*A2'$&*R"+(%"&(+9/+"O$4*"2*A&'19?&*"`?$"O*)$+")('"V%"*?&'(%"G?A56$%"$%&'(&/012(%H""

I("2(O(21)()$"`?$"(%"'$4(56$%"O89412(%"&\+"O('("+*A1&*'1P('"("$AN*4N$A&$R"%?'0$"?+"

2*Ak$21+$A&*" (O'*G?A)(A)*" )$" `?$+" %-*" *%" O89412*%" (2&?(1%" $" $+$'0$A&$%" )("

$+O'$%("*?")("+('2(H"I$%&("G*'+(R"(%"'$4(56$%"O89412(%"O$'+1&$+"?+("+$4k*'"0$%&-*"

)(%"'$4(56$%"$A&'$"*%"-2*T,a'06,3-"$"("*'0(A1P(5-*R"O*)$A)*"&(+9/+"O'$N$'"`?(1%"(%"

2*A%$`?\A21(%" `?$" &$'-*" (%" $%&'(&/01(%" (" 1+O4$+$A&('R" (O*A&(A)*" *%" '1%2*%"

'$O?&(21*A(1%"$"*?&'*%"O'*94$+(%"$%&'(&/012*%"u2GH"@&$LAR":;;DvH"

S"N$')()$1'("+$)1)(")$"?+("+('2(")$"4?a*"(2&?(4+$A&$"/"*"`?-*"9$+"$4("2*A%$0?$"

)('" %(&1%G(5-*" 2*+" *" 4?a*" (*%" 2*A%?+1)*'$%" $" (%" +(1*'$%" %(&1%G(56$%" N\+" )(%"

$aO$'1\A21(%H".%&$"/"*"O('()10+(")*"%/2?4*"{{e"O('("(%"+('2(%")$"4?a*R"("+('2(")$"4?a*"

Md"

/" (" G*'+(" O$4(" `?(4" (" $%&'(&/01(" )(" $+O'$%(" %$" $%&(9$4$2$" A(" '$4(5-*" 2*+" *%" %$?%"

2*A%?+1)*'$%"u2GH"I(AP10$'R":;;_vH"S%"'$4(56$%"O89412(%"%-*"(")1%21O41A(R"O*'"$a2$4\A21(R"

2(O(P")$"$G$2&1N('"$%&(%" '$4(56$%"A-*" %J" 2*+"*%" 2*A%?+1)*'$%"+(%" &(+9/+"2*+"*%"

'$%&(A&$%" O89412*%H" 3$2*Ak$2$'" (%" '$4(56$%" O89412(%" 2*+*" G?A5-*" $%&'(&/012(" $"

'$2*Ak$2$'" (" %?(" N(41)()$" A-*" %J" O('(" $4(9*'('" (" $%&'(&/012(" )$" 2*+?A12(5-*R"+(%"

&(+9/+"2*+*" 1+O*'&(A&$" 2*A&'19?&*"A(%" '$%&(A&$%" &*+()(%")$")$21%-*R" /" 2(+1Ak('"

O('("(" 1A%&1&?21*A(41P(5-*")(")1%21O41A("A?+"+$'2()*"*A)$"*" %$?"2*A&'19?&*"/" G?42'(4"

O('("("O'JO'1("%*9'$N1N\A21(")("1A)8%&'1(")*"4?a*H"

"

"

"

"

"

"

"

"

"

"

+6JK@C5?! "M!E!(56>46F4>@?!-9@A6@NG<=?!B4!04567849!(:;5<=69!J6A6!?!

O,?CA?!PQR!

!

QS!">@A?BC7I?!

M>"

S*" '$(41P('" (" '$N1%-*" )$" 41&$'(&?'(" A*%" 2(Ol&?4*%" eR" ee" $" eee" )$O('$1K+$" 2*+" '$G4$a6$%"

%*9'$"(%"`?(1%"+$"$%2*4k1")$9'?5('"A*"O'*Q$2&*")$"(O412(5-*"O'X&12(H"

@$A)*"7*'&?0(4"?+"O(l%"*A)$"("+(1*'1(")*%"2*A%?+1)*'$%"&\+"'$A)1+$A&*%"A-*"+?1&*"

$4$N()*%"$"$+"`?$"*"+$'2()*")$"4?a*"&$+"O*?2("$aO'$%%-*R"'$%*4N1"O'*2?'('"'$(41P('"

?+"O'*Q$2&*"*A)$")$" G*'+("2'1(&1N("O?)$%%$"2*A&*'A('"$%&(%"2*A)121*A(A&$%"$" &'(5('"

?+("$%&'(&/01(")$"2*+?A12(5-*"O('("?+"%$2&*'")*"4?a*"`?$"+$%+*"$+"/O*2(")$"2'1%$"

$2*AJ+12("%$"+(A&$Ak("(2&1N*"$"2*+"O$'%O$2&1N(%")$"2'$%21+$A&*H"

S" &$A)\A21(" +?A)1(4" O('(" *" 2*A%?+*" )$" 9$A%" )$" 4?a*" (O*A&(" O('(" `?$" *" +(1*'"

2'$%21+$A&*"A("O'*2?'(")$%&$%"9$A%"%$Q("(*"AlN$4")(%"$aO$'1\A21(%H"S"Y*&$4('1(")$"W?a*"

/"*"%$2&*'R"O*'"$a2$4\A21(R"`?$"O'$%&("%$'N15*%"("$%&$"AlN$4H""

I$%&$"+*)*R"$%2*4k1"&'(9(4k('"*"%$2&*'")("Y*&$4('1(")$"W?a*"$+"7*'&?0(4R"`?$"/"`?(%$"

1A)1%%*21XN$4" )*" c?'1%+*H" .+9*'(" 7*'&?0(4" A-*" %$Q(" ?+" )$%&1A*" &?'l%&12*" )$" 4?a*" )$"

'$G$'\A21(R" $a1%&$+" NX'1(%" ?A1)()$%" k*&$4$1'(%" $" 0'?O*%" )$" 2*A%1)$'XN$4" $aO'$%%-*" ("

*O$'('" A$%&$" %$2&*'R" 2*+*" O*)$+*%" N$'1G12('" O$4*" A8+$'*" )$" k*&/1%" O*'&?0?$%$%"

(%%*21()*%" (" '$)$%" )$" 4?a*" 1A&$'A(21*A(1%R" $A&'$" $4(%" ("G,0*7-# z# Kaq2,*%&R" ("Z,-7@)#

F'2,0-"$"("H4*00#$%&%3h#F'2,0-#'[#2a,#d'306H"""

I$G1A1)*"*" %$2&*'R" O'*2?'$1" $%2*4k$'"`?(4" *" &1O*")$" 4?a*" 2*+"+(1*'" $aO'$%%1N1)()$"$"

&$A)*" $+" 2*A&(" *" +$'2()*" )$" 4?a*" O*'&?0?\%" $" (" 2*AQ?A&?'(" (2&?(4" G*1" O('(" +1+"

$N1)$A&$"`?$"$%&$"%$'1("*"&1O*")$"4?a*"(2$%%lN$4H"

E"&1O*")$"4?a*"(2$%%lN$4"/R"&(+9/+R"(`?$4$"`?$"2*A%1)$'$1"+(1%"1A&$'$%%(A&$"&'(9(4k('R"

?+("N$P"`?$"("41Ak(")$"%$O('(5-*"/"+(1%"&/A?$"$"+$A*%"$N1)$A&$")*"`?$"A*"2(%*")*%"

9$A%")$"(2$%%*"1A&$'+/)1*"$"1A(2$%%lN$1%H"I$%&("G*'+(R"("O$'2$O5-*")*%"2*A%?+1)*'$%"

)$"`?$"*"9$+"$+"2(?%("/"?+"9$+")$"4?a*"/"?+")$%(G1*"2*A%&(A&$H".%&(%"O$'2$O56$%R"

+(1%" )*" `?$" A*%" *?&'*%" &1O*%" )$" 4?a*R" )$O$A)$+" )(" 2*+?A12(5-*" O('(" N$12?4('" ("

1)$A&1)()$" )(%" *'0(A1P(5-*" $" O('(" `?$" *%" 2*A%?+1)*'$%" 2'1$+" %*9'$" (%" +$%+(%" ("

1+(0$+"O'$&$A)1)(H"

];"

.%2*4k1)*%"*"%$2&*'"$"*"&1O*")$" 4?a*"O(%%$1"V"$%2*4k(")(%"2(&$0*'1(%")$"2*A%?+1)*'$%"

`?$'1(" &'(9(4k('H" .A&'$" *%" 2*A%?+1)*'$%" `?$" O'*2?'(+" *" 4?a*" 2*+*" +$1*" )$"

)$+*A%&'(5-*")$"%&(&?%"$"*%"2*A%?+1)*'$%"`?$"?&141P(+"*"4?a*"O('("%(&1%G(5-*"O$%%*(4R"

%$4$221*A$1" *%" %$0?A)*%H" .%&$%" 2*''$%O*A)$+" (*%" m3'0,# 3,0*&,6# +')-%4,3-n" $" (*%"

mR%22,3[07,-nR"`?$"24(%%1G1`?$1"A*"2(Ol&?4*"eeH"@-*"2*A%?+1)*'$%"+()?'*%"$"$aO$'1$A&$%"

A*"2*A%?+*")$"9$A%")$"4?a*"$"?&141P(+"*%"+$%+*%"O('("(42(A5('$+"A-*"%J"%(&1%G(5-*"

O$%%*(%"+(%"&(+9/+"O('("%$"(?&*K)$%2*9'1'$+H"i(4*'1P(+R"O*'&(A&*R"(%"$aO$'1\A21(%"$"

A-*" &\+" 2*+O4$a*%" $+" 2*A%?+1'" 9$A%" )$" 4?a*" (2$%%lN$1%R" )$%)$" `?$" *%" +$%+*%"

2*''$%O*A)(+" V" `?(41)()$" )$" %$'N15*%" (" `?$" $%&-*" k(91&?()*%R" $" `?$" 4k$%"

O'*O*'21*A$+"$aO$'1\A21(%")$"N1)("`?$"N(4*'1P$+"$"`?$"G?Q(+"V"'*&1A(")*"`?*&1)1(A*"$"

V%"%?(%"N1)(%"(01&()(%H""

3$%*4N1R" &(+9/+R" &'(9(4k('" %*9'$" *%" 2*A%?+1)*'$%" m$a2?'%1*A1%&(%n" `?$"+$%+*" A-*"

&$A)*"?+"O*)$'")$"2*+O'("$4$N()*"N(4*'1P(+"$"(O'$21(+"*"2*A%?+*")$"9$A%")$"4?a*R"

A-*" O'$%21A)1)*" )*" +$%+*R" $+9*'(" `?$" $%O*'()12(+$A&$R" %*9'$&?)*" $+" /O*2(%"

$%O$21(1%"$"2*+$+*'(&1N(%H"

h$1&("$%&("$%2*4k("("AlN$4")*"%$2&*'R"&1O*")$"4?a*"$"2*A%?+1)*'$%"`?$"`?$'1("&'(9(4k('R"

O'*2?'$1" )$A&'*" )(" *G$'&(" $a1%&$A&$" $+" 7*'&?0(4" `?(4" *" 0'?O*" *?" ?A1)()$" k*&$4$1'("

%*9'$" *" `?(4" 1A21)1'" *"+$?" O'*Q$2&*" O'X&12*H" 7$4(" A*&*'1$)()$" (" AlN$4" A(21*A(4R" O$4("

(%%*21(5-*" (*" 4?a*" )1%2'$&*R" O*'" O'*O*'21*A('" $aO$'1\A21(%" (" )1G$'$A&$%" AlN$4" $" O$4("

410(5-*" V%" ('&$%" $" V" 2?4&?'(R" G*1" O('("+1+" *9N1*" &$'" 2*+*" O'1+$1'(" $%2*4k(" *",'?O*"

WX0'1+(%"Y*&$4%"Z".+*&1*A%H""

SOJ%"2*A&('"("()+1A1%&'(5-*")*"0'?O*R"("+1Ak("O'*O*%&("O('("$4(9*'('"$%&$"O'*Q$2&*"

G*1"(2$1&$"$"G*'(+"(A(41%()(%")$"$A&'$"(%")1N$'%(%"?A1)()$%")*"0'?O*"WX0'1+(%"Y*&$4%"Z"

.+*&1*A%"(`?$4("`?$"%$'1("+(1%" 1A&$'$%%(A&$"&'(9(4k('H"i1%&*"*"2*+O4$a*"mI*?'*"]!n"

&$'"(9$'&?'("+('2()("O('("#('5*")$":;!;"G*1"$%2*4k1)*"%$'"$%&("("?A1)()$"%*9'$"("`?(4"

1'1(" '$(41P('" *"+$?" *" O'*Q$2&*R" O$4*" )$%(G1*" `?$" 2*A%&1&?l(" (*" AlN$4" )(" 2*+?A12(5-*"

&'(9(4k('"("(9$'&?'(")$"?+("A*N("?A1)()$H"

]!"

I$%&$"+*)*R"*"O'*Q$2&*" (`?1" (O'$%$A&()*" 2*A%1%&$"A?+"O4(A$(+$A&*"$%&'(&/012*")$"

3$4(56$%" 789412(%" O('(" *" 2*+O4$a*" mI*?'*" ]!nR" ?+" 2*A2$1&*" 1A&$0'()*" )$" Y*&$4R"

#('1A("$"i144(%R"4*2(41P()*"A("'$01-*")*"I*?'*H"

@$A)*" (" '$01-*" )*" I*?'*" ?+(" X'$(" QX" 2*+" 9(%&(A&$%" ?A1)()$%" k*&$4$1'(%R" `?$"

$aO4*'(+" %*9'$&?)*" (" '$4(5-*" 2*+" *" N1Ak*" )*" 7*'&*R" '$O'$%$A&*?" O('(" +1+" ?+"

)$%(G1*R" (1A)(" +(1*'R" 2*A%$0?1'" &'(5('" ?+" O*%121*A(+$A&*" )1G$'$A21()*'" )*" mI*?'*"

]!n" $A&'$" (" *G$'&(" $a1%&$A&$" A(" '$01-*H" f*+*" &(4R" &1N$" `?$" '$(41P('" ?+(" 1AN$%&10(5-*"

(O'*G?A)()("O('(")$"G*'+("2'1(&1N("&'(5('"$%&'(&/01(%"O('("*%"2*A%?+1)*'$%"`?$")$G1A1"

(A&$'1*'+$A&$R"&$A)*"$+"2*A&("*"%$2&*'"$"*"&1O*")$"4?a*"&(+9/+")$G1A1)*%H"

S" $%&'(&/01(" )$" 3$4(56$%" 789412(%" (`?1" (O'$%$A&()(" N1%(" *" 4(A5(+$A&*" )*" 2*+O4$a*"

%$A)*R"O*'&(A&*R"?+("$%&'(&/01(")$"2?'&*"O'(P*R" 2*+"(")?'(5-*"+Xa1+(")$"?+"(A*R"

$+9*'("2*+O'$$A)("(40?+(%"(256$%")$"['00'^#%;H"

VS!->TC6BA6F4>@?!

.+" 7*'&?0(4" *" +$'2()*" )$" 4?a*" /" 9(%&(A&$" '$)?P1)*" $" %$0?A)*" #10?$4" U8)12$R" $+"

$A&'$N1%&(R" A-*" $a1%&$" O'*O'1(+$A&$" ?+" +$'2()*" )$" 4?a*" 1A(2$%%lN$4H" B*" ('&10*"

]I374,73*#$7)a*#V-;,+7*0#f#$%&'#,-+*;*#g#+37-,{_#/"21&()*"312(')*",*A5(4N$%R")("I$4*1&&$R"

`?$"'$G*'5("("A$2$%%1)()$")$"*"+$'2()*")$"4?a*"$+"7*'&?0(4"%$'"(A(41%()*"V"$%2(4(")*"

'$A)1+$A&*" +/)1*" A(21*A(4H" B-*" &$A)*" *%" O*'&?0?$%$%" O*)$'" $2*AJ+12*" O('("

2*A%?+1'"9$A%")$"4?a*R"*"c?'1%+*")$"W?a*"$+"7*'&?0(4"/")$%&1A()*"("?+"A12k*"%$A)*R"

O*'&(A&*R")1Gl214" *"O(l%" &*'A('K%$" 2*+O$&1&1N*"A$%&$" %$0+$A&*H"E"('&10*" 21&()*" '$N$4(R"

&(+9/+R"?+"$%&?)*")("94,37+*)#V&;3,--"2*A)?P1)*"O*'"7(+$4("BH"I(AP10$'R"%$0?A)*"

*"`?(4"_D~")*%"&?'1%&(%")$" 4?a*"O'*2?'(+"2'1('"$aO$'1\A21(%"`?$"O*%%(+"0?(')('"A(%"

%?(%"+$+J'1(%H"E"+$%+*"$%&?)*")$+*A%&'("`?$"_>~")*%" 2*A%?+1)*'$%" 2*+"O*)$'"

$2*AJ+12*"'$&1'(+"+(1*'"%(&1%G(5-*"O$%%*(4")*"2*A%?+*")$"$aO$'1\A21(")$"4?a*R"2*+*"

?+"Q(A&('R"?+("N1(0$+"*?"?+"$N$A&*"2?4&?'(4R"$A`?(A&*"`?$"(O$A(%":!~"'$&1'("+(1*'"

%(&1%G(5-*")(" (`?1%15-*")$" (?&*+JN$1%R" O$5(%" )$"+*)("*?" Q*(4k('1(H"I$N1)*" (" &$'$+"

?+("N1)("(01&()(R"("AlN$4"O$%%*(4"$"O'*G1%%1*A(4R"*%"2*A%?+1)*'$%"2*+"$4$N()*"O*)$'"

)$" 2*+O'(" (&'19?$+" ?+" N(4*'" $%O$21(4" (*" &$+O*H" @$0?A)*" #10?$4" U8)12$R" *" 4?a*R"

]:"

(2&?(4+$A&$R"O*)$"%$'"(40*"%$+"O'$5*"$"*"&$+O*"/R"O('("(40?A%")*%"2*A%?+1)*'$%"2*+"

$4$N()*"O*)$'")$"2*+O'(R"*"9$+"+(1%"O'$21*%*H"I()("(" '$4$N()(" 1+O*'&gA21("`?$"*"

&$+O*"(%%?+$R"$%&$%"2*A%?+1)*'$%"O'*2?'(+"(2(4+('"(%"%?(%"N1)(%"2*+"$aO$'1\A21(%"

`?$" *%" G(5(+" %$A&1'" $%O$21(1%R" O'*2?'(A)*" '$G801*%" 4*A0$" )(%" %?(%" '*&1A(%H" @$0?A)*"

7(+$4(" BH" I(AP10$'R" %$" kX" :;" (A*%" (&'X%" *%" 2*A%?+1)*'$%" )*" +$'2()*" )*" 4?a*"

O'*2?'(N(+" ()`?1'1'" 9$A%" +(&$'1(1%R" *" O('()10+(R" (2&?(4+$A&$R" (4&$'(K%$" $" *%"

2*A%?+1)*'$%"%*G1%&12()*%"O'*2?'(+"()`?1'1'"$aO$'1\A21(%")$"N1)(H"

f*+" (" m$N*4?5-*n" )*%" 2*A%?+1)*'$%" )*" +$'2()*" )$" 4?a*" $a1%&$R" &(+9/+R" ?+("

(4&$'(5-*")*"2*A2$1&*")$"c?'1%+*")$"W?a*H"S"('`?1&$2&?'("$")$2*'(5-*"%?+O&?*%(")*%"

$%O(5*%")$1a(")$"%$'"*"$4$+$A&*")1%&1A&1N*"A(")$G1A15-*")*"c?'1%+*")$"W?a*R"O('(")('"

4?0('"V"$aO$'1\A21("N1N1)("O$4*%"2*A%?+1)*'$%H"#(1%" 1+O*'&(A&$")*"`?$"*"A8+$'*")$"

$%&'$4(%"(&'19?l)*"("?+("?A1)()$"k*&$4$1'("/R"(0*'(R"*"%$'N15*"`?$"*%"2*4(9*'()*'$%R")("

+$%+(R" O'$%&(+" $" (%" %*4?56$%" `?$" (O'$%$A&(+R" ()(O&()(%" V%" A$2$%%1)()$%" $"

$aO$2&(&1N(%"$%O$21G12(%")$"2()("241$A&$" u2GH"f('1A("#*A&$1'*R":;;>vH"o"$%&("A*5-*")$"

c?'1%+*")$".aO$'1\A21("`?$"*%"A*N*%"2*A%?+1)*'$%")*"+$'2()*"4?a*"O'*2?'(+R"+(1%"

)*" `?$" (" A*5-*" )$" c?'1%+*" )$" W?a*H" f('1A("#*A&$1'*R" A*" ('&10*" ]W%37-4'# 6,# $%&'_"

u:;;>vR")$+*A%&'(KA*%"`?$"("?&141P(5-*"$a(0$'()(")$"'$G$'\A21(%"(*"4?a*"/R"(0*'(R"N1%&("

2*+*" ?+" $4$+$A&*" A$0(&1N*" A*%" )1%2?'%*%" )(%" ?A1)()$%" k*&$4$1'(%H" #10?$4" U8)12$"

'$G$'$" `?$" *%" N(4*'$%" )*" ,'?O*" WX0'1+(%" Y*&$4%" Z" .+*&1*A%" %-*" *" 2k('+$R" *" 4?a*"

)1%2'$&*R" (" (&$A5-*" (*" O*'+$A*'R" (" k*%O1&(41)()$" $" *" 2*AG*'&*H" 3$G$'$" `?$" (%"

$aO$'1\A21(%" `?$" *G$'$2$R"+$%+*" %$A)*" (%O1'(21*A(1%R" %-*" O*%%lN$1%" )$" (42(A5('" O*'"

2*A%?+1)*'$%" 2*+" )1G$'$A&$%" AlN$1%" )$" O*)$'" )$" 2*+O'(H" 7*'" $a$+O4*R" ?+"

2*A%?+1)*'" `?$" A-*" &$Ak(" ?+" O*)$'" )$" 2*+O'(" +?1&*" $4$N()*" O*)$" %$'" ?+"

2*A%?+1)*'"m$a2?'%1*A1%&(n"$"*O&('"O*'"1'"(*"'$%&(?'(A&$".4$N$A"(*"(4+*5*R"(*"1AN/%")$"

*"G(P$'"(*"Q(A&('H".+9*'("*"O'$5*")*"(4+*5*"A-*")$1a$")$"&$'"?+("$aO'$%%-*"$4$N()(R"

%$A)*" $4$+$A&*" )$" %$4$25-*R" $a1%&$" ?+(" N*A&()$" )$" )('" (40?+(" (2$%%19141)()$" (*"

$%O(5*R"O*)$A)*"*%"2*A%?+1)*'$%"2*+"+$A*'"O*)$'")$"2*+O'("?%?G'?1'"A("+$%+(")("

$aO$'1\A21(R" $+9*'(" 2*+" +$A*'" G'$`?\A21(H" 7('(" +?1&*%" *" &1O*" )$" $aO$'1\A21(%"

O'*O*'21*A()*"O$4*%"'$%&(?'(A&$%"*?"k*&/1%")$"4?a*"%-*"+*+$A&*%"8A12*%"(*"4*A0*")("

N1)(R"O'$A)$A)*K%$"2*+"$N$A&*%"*?"2*+$+*'(5-*"+?1&*"$%O$21(1%H""

]M"

.%&("&$A)\A21("$A2*A&'(K%$"(41Ak()("2*+"(%"$aO$2&(&1N(%")*%"]3'0,f3,0*&,6#+')-%4,3-_R"

2*A%?+1)*'$%"+(1%"2*A%21$A&$%"$"2*AG1(A&$%"`?$"%$"2$A&'(+"A("`?(41)()$")$"%$'N15*"$"

A(" $aO$'1\A21(" (*" 1AN/%" )*" %&(&?%H" .%&$%" 2*A%?+1)*'$%" %-*" (`?$4$%" `?$" 7(+$4(" BH"

I(AP10$'")$G1A1?" 2*+*"]c%22,3[07,-_R" 2*A%?+1)*'$%"+(1%"$N*4?l)*%"$" 2*+"2*A%21\A21("

)(%" 1+O412(56$%" )*" 2*A%?+*" )*" 4?a*H" I()(" (" $N*4?5-*" )*%" 2*A%?+1)*'$%R" (" O'JO'1("

2*+?A12(5-*")(%"?A1)()$%"k*&$4$1'(%"(4&$'(K%$"$"A("%?("2*+?A12(5-*"*%"k*&/1%"*O&(+R"

(0*'(R"O*'"$aO4*'('"(%"$aO$'1\A21(%"`?$"*G$'$2$+"O('("*"9$+K$%&('"$"(?&*K)$%2*9$'&("

)*%"1A)1Nl)?*%H"

I()*%" 1A&$'A(21*A(1%" )(" t(1A" Z" f*+O(ALR" 21&()*%" A*" ('&10*" )$" f('1A(" #*A&$1'*R"

'$N$4(+"`?$"*"+$'2()*")$"4?a*"$+":;;>")$N$'X"%*G'$'"?+("`?$9'(")$"d~")(%"N$A)(%R"

*"`?$" '$N$4("`?$"*"+$%+*"A-*"$%&X" 1+?A$"V" 2'1%$" G1A(A2$1'("+?A)1(4H"B*" %$2&*'")*"

c?'1%+*" )$" W?a*" $a1%&$" ?+(" `?$9'(" A(" O'*2?'(R" O$4*" G(2&*" )$" *%" 2*A%?+1)*'$%" )*"

+$'2()*")*" 4?a*" %$"$A2*A&'('$+"2*+"+$A*'"O*)$'")$" 2*+O'(R" $+9*'("*%"+$%+*%"

%$Q(+" +$A*%" (G$2&()*%" O$4(" 2'1%$H" .a1%&$" ?+(" )1+1A?15-*" A(%" *2?O(56$%" $"

O*%&$'1*'+$A&$" ?+(" '$)?5-*" A*%" O'$5*%H" .%&$" 241+(" )$" 1A%$0?'(A5(" 4$N(" (" `?$" ("

0$%&-*")*"c?'1%+*")$"W?a*"O'*2?'$"%*4?56$%"2'1(&1N(%"O('("'$N$'&$'"("%1&?(5-*H"#10?$4"

U8)12$" '$G$'$" `?$"O('(" 2*A%$0?1'" '$%1%&1'" V" %1&?(5-*" $2*AJ+12(" (2&?(4" /" A$2$%%X'1*" ("

1A)8%&'1("()(O&('K%$R"`?$'"(&'(N/%")("2(O&(5-*")$"A*N*%"&1O*%")$"2*A%?+1)*'$%R"`?$'"

O$4("O*4l&12(")$"O'$5*%R"*?"O$4("+?)(A5(")$"O*%121*A(+$A&*H"E%")$%(G1*%"$A2*A&'(+K

%$" (*" AlN$4" )(%" N$A)(%" $" $A`?(A&*" `?$" A*" O(%%()*" (" 2*+?A12(5-*" '$G4$2&1(K%$"+(1%"

G(214+$A&$" A*" N*4?+$" )$" N$A)(%R" k*Q$" $+" )1(" /" A$2$%%X'1*" ?+" $%G*'5*" +(1*'" O('("

2(O&('"*" 1A&$'$%%$"$"("N*A&()$")*"2*A%?+1)*'R"+$%+*")*%"2*A%?+1)*'$%"2*+"O*)$'"

$2*AJ+12*R" O*'" $%&$%" %$" $A2*A&'('$+" '$&'(l)*%" )$N1)*" V" 2'1%$H" S" 2*AQ?A&?'(" (2&?(4"

O'*N*2*?R"(%%1+R"?+("A$2$%%1)()$")$")$%2'15-*"A*"2*A%?+*")$"4?a*R"A-*"`?$'$A)*"*%"

2*A%?+1)*'$%"$%&('"(%%*21()*%"V"(`?1%15-*")$"O'*)?&*%"$"%$'N15*%")$"4?a*"$+"/O*2(")$"

2'1%$"$2*AJ+12(H"

.#"#!C1,&'!+DE1%:0(!9'4*5(!F!<:'4%'3(!

E" ,'?O*" WX0'1+(%" Y*&$4%" Z" .+*&1*A%" /" ?+(" $+O'$%(" G(+141('" `?$" $aO4*'(" )1N$'%(%"

?A1)()$%")$"'$G$'\A21("A(%"X'$(%")$"&?'1%+*R"4(P$'R"0(%&'*A*+1(R"%(8)$"$"9$+K$%&('H"""

]]"

f()("?+(")(%"?A1)()$%"/" %1A0?4('R" 1%&*"/R" &$+"?+(" 1)$A&1)()$"O'JO'1(" '$%?4&(A&$")("

%?(" 4*2(41P(5-*" $" 2('(2&$'l%&12(%" 1A)1N1)?(1%H" B*" $A&(A&*R" $a1%&$+" (%O$2&*%" `?$" %-*"

&'(A%N$'%(1%" (" &*)(%" (%" ?A1)()$%" )*" 0'?O*R" %$A)*" $4$%F" *" 2k('+$R" (" $4$0gA21(R" ("

O$'%*A(41P(5-*" A*" 2*A&(2&*" 2*+" *" 241$A&$R" (" 0(%&'*A*+1(" @'%34,2R" *" )$&(4k$R" ("

('`?1&$2&?'(=)$%10A"$"*"$4$N()*"%$A&1)*"$%&/&12*"$"('&l%&12*"`?$"2('(2&$'1P(+"2()("?+"

)*%"$%O(5*%"$"*"0'?O*"A("%?("&*&(41)()$H""

WX0'1+(%"Y*&$4%"Z".+*&1*A%"/"?+("2*+91A(5-*")$"'$`?1A&$"$"%$)?5-*R")$"2k('+$"$"

O$'%*A(41)()$H"

1"!"!"">3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#E)76*6,-#F'2,0,73*-u#

• p?1A&(")(%"WX0'1+(%R"f*1+9'("

• i14("#*A&$"3$%*'&R"S40('N$"

• "eAG(A&$"@(0'$%R"7*'&*"

• "I*?'*"]!R"I*?'*"

1"!"1"#>3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#G,-2*%3*)2,-u#

• c$''$1'*")*"7(5*R"W1%9*(""

• ".4$N$AR"W1%9*("

• "7'(1(")*"7$1a$R"f*+O*'&("

• "S'2()(%R"f*1+9'("

• "E'(A0$'1$R"S40('N$"

• "t*2(")*"W*9*R"7*'&*""

• IH"3$%&(?'(A&R"I*?'*"

1"!"8"#>3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#HI9Hu#

]_"

• @7S@")$"7*'&?0(4"

o "@&*A$"@O(R"W1%9*("

o "W$@O(R"W1%9*("

o "t(+9**",(')$A"@O(R"f*1+9'("up?1A&(")(%"WX0'1+(%v"

o "|(%9(k"@O(R"S40('N$"ui14("#*A&$"3$%*'&v"

o "SA0s*'"j(&R"7*'&*"ueAG(A&$"@(0'$%v"

o t(+9**"@O(R"I*?'*"uI*?'*"]!v"

1"!"J"#>3,*-#6,#?,@A+7'#6'#B3%;'#$C@374*-#D#K*2,37)@u#

• WX0'1+(%"f(&$'1A0"

• WX0'1+(%"c(s$KSq(L"

• f(G$&('1("7(4X21*"t$4+*A&$"

.#.#!G!A',1'!H"!

E"I*?'*"]!"%1&?(K%$"("]!"`?14J+$&'*%"("B*'&$")*"7*'&*"u_;"`?14J+$&'*%")*"($'*O*'&*v"

$"/"?+"2*A2$1&*"1A&$0'()*")$"Y*&$4R"i144(%R"@O("$"#('1A("`?$"2$A&'("*"%$?"2*A2$1&*"A("

)$%2*9$'&(" )*" 31*" I*?'*H" E" 31*" I*?'*" *G$'$2$" O(1%(0$A%" )$" G4*'$%&(R" N1Ak(" $+"

%*2(42*%"$"A(&?'$P("$+"$%&()*"O?'*H"""

E"I*?'*"]!"%1&?(K%$R"(1A)(R"("O*?2*%"`?14J+$&'*%")*"31*"7(1N(R"`?$"O('("(4/+")$"%$'"

2*A%1)$'()*"*"'1*"+(1%"O?'*")(".?'*O("/"?+")*%"+$4k*'$%")*"+?A)*"O('("("O'X&12(")$"

3*[27)@"$"ah63'-;,,6"#

E"Y*&$4R" O'*Q$2&()*"O*'" U*-*"7$)'*"@$'�)1*R" G*1" 2*A%&'?l)*"A*%"O'JO'1*%" %*2(42*%")*"

31*" I*?'*H" f*A&(" 2*+" ]!" `?('&*%" $" %?1&$%H" S%" i144(%R" )$" )$2*'(5-*" %*G1%&12()(R"

2*A&$+O*'gA$("$"+*)$'A(R"&\+"?+("('`?1&$2&?'("`?$"'$%O$1&("("410(5-*"A(&?'(4"2*+"

*"$%O(5*"$AN*4N$A&$H"

]D"

E"2*+O4$a*"O$'&$A2$"(*",'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%"$"*"Y*&$4"N1'XR"&(+9/+R"("

O$'&$A2$'"V"'$)$"I$%10A"Y*&$4%ÄH"

1"1"!"#F'2,0#

E"Y*&$4" )$" ]" $%&'$4(%" O'*O*'21*A(" ?+(" $aO$'1\A21(" )$" '1*" 8A12(" $+"7*'&?0(4H"E%" MD"

`?('&*%" %&(A)(')R" _" %?1&$%" $" !" %?1&$" O(A*'g+12(" %-*" N*4&()*%" O('(" *" '1*" I*?'*R"

*G$'$2$A)*"?+("N1%&(")$%4?+9'(A&$")*"A(%2$'"(*"O�'")*"%*4H"E"Y*&$4"G*1")$%$AN*4N1)*"

%*9"*%"$+94$+X&12*%"%*2(4`?$%")*"I*?'*R"$%2(N()*%"O$4*"Y*+$+")?'(A&$"%/2?4*%H"

E"(+91$A&$"%$'X"(2*4k$)*'R"&'(A`?14*"$"1A&1+1%&(R"O$'G$1&*"O('("'$4(a('"2*+"N1%&("O('("

*"'1*H"E"O'*Q$2&*"('`?1&$2&JA12*")1%%1+?4("(%"2*A%&'?56$%"A("&*O*0'(G1(R"$aO4*'(A)*"(%"

*'1$A&(56$%" $" *%" 2(+O*%" N1%?(1%" )(" O(1%(0$+"O('(" (&'19?1'" (*%" )1N$'%*%" $%O(5*%" ?+"

2('X2&$'")$"'$G801*"A(&?'(4")?'1$A%$H"""

E"Y*&$4" &$'X" 1A8+$'(%" *9'(%" )$" ('&$" *'101A(1%" )$" 2*A%(0'()*%" ('&1%&(%" O4X%&12*%" O('("

14?%&'('"("'$4(5-*")*"I*?'*"]!"2*+"*"'1*"`?$"*"9(Ak(H"

"

f*A&('XR"(1A)(R"2*+":"%(4(%")$"2*AG$'\A21(R"?+(" 4*Q(")$"N1Ak*%R"M"O1%21A(%"2*+"N1%&("

O('("*"'1*"$"2*+"*4,)727,-#G72%*0-H""

I(%" 2$A&$A(%" )$" 2(A)1)(&?'(%" '$2$91)(%" (A?(4+$A&$" O('(" O$'&$A2$'" V" '$)$" I$%10A"

Y*&$4%Ä"*"I*?'*"]!"G10?'("$A&'$"*%"O*?2*%"%$4$221*A()*%H"S"'$)$"1A&$'A(21*A(4R"`?$"%$"

$%&$A)$"O*'"+(1%")$"];"O(l%$%"$"2*A&("2*+"+(1%")$"!<;"O'*O'1$)()$%R"/"2*+O*%&("O*'"

k*&/1%" 2*+" ('`?1&$2&?'(" $" )$%10A" )1%&1A&1N*%R" 9(4(A5()*%" 2*+" (" G?A21*A(41)()$" $" ("

$a2$4\A21(" )*" %$'N15*H" E" *9Q$2&1N*" )(" '$)$" I$%10A" Y*&$4%Ä" /" ?A1'" A-*" %J" (%"

O'*O'1$)()$%"+(%R"&(+9/+R"(%"+$A&$%"O*'")$&'X%")(%"+$%+(%"%*9"?+("'$)$"04*9(4")$"

k*%O1&(41)()$H" S*" O$'&$A2$'" V" '$)$R" *%" )1G$'$A&$%" k*&/1%" O*)$+" 2*A&('" 2*+"

$aO$'1\A21(R" 2*Ak$21+$A&*" $" $A&?%1(%+*" (2?+?4()*%" (*" 4*A0*" )$"+(1%" )$" :_" (A*%R"

9$A$G121(A)*")$"2*A%?4&*'1("A*")$%$AN*4N1+$A&*")*"O'*Q$2&*"$+"`?(4`?$'")(%"G(%$%")$"

$4(9*'(5-*")*"+$%+*H"

1"1"1"#G,-2*%3*)2,#

]<"

E"Z"#G,-2*%3*)2"/"*"'$%&(?'(A&$"@'%34,2")*"I*?'*"]!"%1&?()*"A("#('1A(")*"2*+O4$a*R"

V"9$1'(" '1*H" h1$4" V%" &'()156$%"0(%&'*AJ+12(%")(" '$01-*R" N(1" (O'$%$A&('"O'(&*%"@'%34,2"

9(%$()*%" $+" O$1a$" )$" '1*" $" 2('A$%" %$''(A(%" '$N1%1&()*%" O$4*%" Ka,[-# )(" p?1A&(" )(%"

WX0'1+(%R" '$%O*A%XN$1%"O$4*" 2*A2$1&*")*" '$%&(?'(A&$H" c'\%"9('$%R" $+" %$O('()*%R" 1'-*"

%$'N1'")$%)$"41Ak*%"4*2(1%")$"'$A*+$"("2*2s&(14%"2'1(&1N*%H"

1"1"8"#HI9"#

E" c*4R''# H;*" )*" I*?'*" ]!" &$'X" ?+(" ('`?1&$2&?'(" 2*A&$+O*'gA$(R" O$'G$1&(+$A&$"

$A`?()'()("2*+"("A(&?'$P(H"E%"%$'N15*%")$"%O(R"$"&'(&(+$A&*R"`?$"N(1"*G$'$2$'"%$'-*"

1A%O1'()*%" A(" X0?(" `?$" '*)$1(" *" %O(" $" `?$" 2*A%&1&?1" (" $%%\A21(" )*" %$?" 2*A2$1&*H" S%"

%(4(%")$"+(%%(0$+"%$'-*"(9$'&(%"%*9'$"*"'1*R"2*AN1)(A)*"(*"'$2*4k1+$A&*")*"2*'O*"$"

V" $N(%-*" )*" $%Ol'1&*H" E" %O(" &$'XR" (1A)(R" ?+(" O1%21A(" 1A&$'1*'R" %(?A(" $" ?+(" %(4(" )$#

[72),--H"h(2141&1$%"1A24?)$"&q*"2*AG$'$A2$"'**+%R"("q1A$"%k*OR"1A)**'"O**4R"%(?A("

1"1"J"#=*37)*"

S"+('1A("O'1N()(")*"I*?'*"]!"O$'+1&1'X" ("O'X&12(")$")$%O*'&*%"AX?&12*%" 2*+*"*" %s1"

(`?X&12*R"Q$&"%s1"$"2(A*(0$+H"@$'XR"&(+9/+R"?+("JO&1+("9(%$"O('("O(%%$1*%")$"9('2*"V"

)$%2*9$'&(")*%"$A2(A&*%")*"I*?'*H""

E"I*?'*"]!"$A2*A&'(K%$R"(1A)(R"("O*?2*%"`?14J+$&'*%")*"31*"7(1N(R"2*A%1)$'()*"*"'1*"

+(1%"O?'*")(".?'*O("$"?+")*%"+$4k*'$%" 4*2(1%")*"+?A)*"O('("("O'X&12(")$"3*[27)@"$"

ah63'-;,,6H"E"'1*"7(1N(R"9$+"2*+*R"*"N1P1Ak*"'1*"S')("%-*R"&(+9/+R"O$'G$1&*%"O('("*%"

(+(A&$%")$"O$%2("A("A(&?'$P(R"%$A)*"*G$'$21)(%"$a2?'%6$%"A$%&$"%$A&1)*H"

1"1"Q"#k700*-#

E'1$A&()(%"O('("*" &?'1%+*" '$%1)$A21(4"$"(%%$A&$%"A?+"2*A2$1&*")$" 4?a*")1%2'$&*R" %-*"

?+"2*AQ?A&*")$"]_"i144(%"2*+"&1O*4*01(%"c!R"c:"$"cMH"S"('`?1&$2&?'("1A&$0'("2*A%&'?56$%"

A("&*O*0'(G1(R"O'1N14$01(A)*"*"O$'G14")("'$01-*"$+"O(&(+('$%"+?'()*%H"E%"O'*O'1$&X'1*%"

O*)$'-*" ?%?G'?1'" )*%" %$'N15*%" )*" Y*&$4R" A*+$()(+$A&$R" +*2,37)@b" '$%&(?'(5-*R" %O(R"

O1%21A(%"$"%(4(")$"[72),--R"O('("(4/+")("+('1A("$"%$'N15*%"2*+?A%R"2*+*"("%$0?'(A5(R"

]d"

41+O$P("$"+(A?&$A5-*")$"$%O(5*%" N$')$%H" c*)(%" (%"i144(%" O*%%?$+" &$''(5*"$" Q(')1A%"

O'1N()*%H"

S%"i144(%"O*)$+R"&(+9/+R"%$'"(4?0()(%H"

ZS!+?>=?AA`>=<6!

S"2*A2*''\A21(")*"I*?'*"]!"/"2*A%&1&?l)("O*'"Y*&/1%"$"7*?%()(%")$"]"$"_"$%&'$4(%"`?$"

*G$'$2$+" %$'N15*%" $" $aO$'1\A21(%" %1+14('$%" A(" P*A(" )*" I*?'*R" A-*" %J" (" AlN$4" )$"

)$%O*'&*%"+(%R"&(+9/+R"("AlN$4"0(%&'*AJ+12*"$")$"'$4(a(+$A&*H"

I$"$A&'$"(%"$%&'?&?'(%"`?$"*G$'$2$+"%$'N15*%"%1+14('$%R")$%&(2(+*%"(`?$4(%"`?$"+(1%"

)1'$2&(+$A&$"2*A2*''$+"2*+"*"I*?'*"]!F"

• p?1A&(")("3*+(A$1'("K"7$'&$A2$"(*",'?O*"i1'&?*%*"Y*&$4%"Z"3$%*'&%"$"G(P"O('&$"

)("'$)$"3$4(1%"Z"fkg&$(?aH"o"2*+O*%&("O*'"!>"%?1&$%"$"(O('&(+$A&*%R"%(46$%"$"

(O('&(+$A&*%R" %(4(" )$" '$?A16$%R" 2k*2*4(&('1(R" 9(Ak*" &?'2*R" O1%21A(" 1A&$'1*'" $"

$a&$'1*'"$")?(%" %(4(%")$" &'(&(+$A&*%"$"+(%%(0$A%H"I1%O6$R"(1A)(R")$"N1%1&(%"V"

S)$0(R"7'*N(%")$"i1Ak*")*"7*'&*R"O(%%$1*%")$"&*)*K*K&$''$A*"2*+"+*&*'1%&("A("

O'*O'1$)()$"$"O(%%$1*%")$"9('2*"A*"I*?'*H"@1&?(K%$"("!k]_+")*"($'*O*'&*")*"

7*'&*H"

• S`?(O?'("I*?'*"i(44$L"z"@1&?()*"A("p?1A&("i(4$")$"S9'(-*R"*"2*+O4$a*")1%O6$"

)$"_;"`?('&*%"$"%?1&$%"A?+("2(%(")*"%/2?4*"{e{R":!"i144(%R"?+"%O(")$"::;;"+:"$"

?+("+(&(")$"_"k$2&('$%"V"9$1'(K'1*H"I1%O6$R"(1A)(R")$":"'$%&(?'(A&$%R"!"9('"$"

?+"9('")$"O1%21A(H"7$'&$A2$"V"'$)$"H4*00#$%&%3h#F'2,0-#P[#Wa,#d'306H"

• f@"i1A&(0$"Y*?%$"Y*&$4"z"E"Y*&$4")$"_"$%&'$4(%"O$'&$A2$"(*"0'?O*"Y*&$4%R",*4G"

Z" 3$%*'&H" B?+("p?1A&(" )*" %/2?4*" {ieeeR" )1%O6$" :" %?1&$%R" ]" Q?A1*'" %?1&$%" $" M<"

`?('&*%"O'$+1$'R"&*)*%"2*+"N1%&("O('("*"'1*H"f*A&("(1A)("2*+"'$%&(?'(A&$R"9('R"

%(4-*" )$" Q*0*%R" O1%21A(" $a&$'1*'R" 2*?'&" )$" &/A1%R" Q(')1A%" $" ?+(" S2()$+1(" )$"

i1Ak*H"EG$'$2$"N1%1&(%"k1%&J'12(%"$"2?4&?'(1%")$"2(''*R"2*+9*1*R"9('2*"*?"N1(&?'("

&*)*K*K&$''$A*H"

]>"

• 7*?%()("f@"@*4('")("3$)$"z"S"7*?%()(")$"_"$%&'$4(%"O$'&$A2$"(*"0'?O*"Y*&$4%R"

,*4G" Z" 3$%*'&H" S" `?1A&(" )*" %/2?4*" {ieee" O'*)?P" (P$1&$R" N1A(0'$" )$" N1Ak*" $"

O'*)?&*%" k*'&l2*4(%" `?$" %-*" ?&141P()*%" A(" 2*P1Ak(" )*" @*4('R" 1A%$'1)*" A?+("

O'*O'1$)()$" )$" ];" k$2&('$%H" I1%O6$" )$" :>" `?('&*%" $" %?1&$%" 2*+" N1%&(" O('(" *"

I*?'*R"O1%21A(R"2*?'&")$"&/A1%R"%(4(")$" Q*0*%R"%(4)(")$" 4$1&?'(R"'$%&(?'(A&$R"9('"

1A&$'1*'"$"9('")$"O1%21A("2*+"N1%&("O('("*"'1*H"S"O*?%()("2*A&(R"(1A)(R"2*+"?+("

4*Q(" )$" N1Ak*%" $" O'*)?&*%" '$01*A(1%R" 2*+" O'*N(%" $" 2?'%*%" )$" N1Ak*%R" $" ?+("

2(O$4("O('&12?4('H"@-*"'$(41P()*%"$N$A&*%"$+O'$%('1(%"$"O'1N()*%"$"O'*+*N1)*%"

O(%%$1*%")$"1A&$'$%%$"k1%&J'12*K2?4&?'(4R"9$+"2*+*R"21'2?1&*%"A("O'JO'1("`?1A&("

`?$"$aO412(+"*"O'*2$%%*"N1Al2*4(H"""

• p?1A&("B*N(")$"B*%%("@$Ak*'(")*"f('+*"z"p?1A&("2*+"!:;"k$2&('$%R"d_")*%"

`?(1%" )$" N1Ak(R" 1A&$0'()(" A(" 3$01-*" I$+('2()(" )*" I*?'*H" E" 2*+O4$a*" /"

2*+O*%&*" O*'" ?+(" 2(%(" %$Ak*'1(4" *1&*2$A&1%&(" uY*&$4" 3?'(4vR" 2(O$4(" )$" $%&14*"

9(''*2*"%1&?()*"Q?A&*"(*"'1*R"(P$Ak(R"()$0("$"?+("^7),#a'%-,H"S"^7),#a'%-,R"

1A%$'1)("A("$%&(5-*")$"2*+9*1*")*"71Ak-*R#2*A&$+O4("?+"A824$*"+?%$*4J012*"

2*+" 4*Q(R" $%O4(A()(" $" %(4(" )$" $N$A&*%R" O*%%19141&(A)*R" &(+9/+R" O'*N(%" )$"

N1Ak*%H"E"Y*&$4"3?'(4"/"*"O'1+$1'*"k*&$4")$"N1Ak*"$+"7*'&?0(4"$"2*A&("2*+"!!"

`?('&*%R")$2*'()*%"(*"$%&14*")("/O*2(R"2*+"N1%&("O(A*'g+12("O('("("N1Ak("$"*"

'1*H"EG$'$2$"21'2?1&*%"O$)$%&'$%"O'1N()*%R"U(')1+")$"eAN$'A*"$"@(4(")$"2'1(A5(%H"

B*" '$%&(?'(A&$" *G$'$2$" ?+"+$A?" O'$O('()*" 2*+" 9(%$" A*" (A&10*" '$2$1&?X'1*"

)?'1$A%$R" 2*A&(" 2*+" ?+" 9('" NlA12*" $" *G$'$2$" (" O*%%19141)()$" )$" '$(41P('"

O1`?$A1`?$%" $" *?&'(%" '$G$156$%" (*" ('" 41N'$H" S4/+")(" O'*N(" )$" N1Ak*%R" *G$'$2$"

O'*0'(+(%"NlA12*%"$"^7),#2'%3-H"f*A&(R"(1A)(R"2*+"O'*)?5-*"O'JO'1(")$"N1Ak*"$"

O'*)?&*%"@'%34,2H""

• f(%(%" )(" f(45()(" z" Y*&$4" )$" 2k('+$" +$+9'*" )(" '$)$" 3$4(1%" Z" fkg&$(?a"

1A%$'1)*"A?+("X'$(")$"D"k$2&('$%"A("'$01-*")*"i1Ak*"i$')$R"2*+"O'*)?5-*")$"

N1Ak*" N$')$" $" $%O?+(A&$" $a24?%1N*%H" 3$(41P(" O'*N(%" $" Q(A&('$%" NlA12*%R" &\+"*"

t('")*"W('0*"f$'`?$1'("$"*"3$%&(?'(A&$"W('0*")*"7(5*R"'$2*Ak$21)*"2*+"?+("

$%&'$4("#12k$41AH"EG$'$2$" !M" `?('&*%" $a$2?&1N*%R" !M" `?('&*%" )$" 4?a*R" M" %?1&$%"

_;"

$a$2?&1N(%" $" !" %?1&$" O'$%1)$A21(4R" %(4(" )$" Q*0*R" %(4)(" )$" 4$1&?'(R" 9('" $"

'$%&(?'(A&$H"eA&$0'("?+"2(+O*")$"0*4G$"2*+"!d"9?'(2*%R"Z37/7)@#G*)@,R"I%227)@#

z#I72+a7)@R"K0%R#F'%-," 2*+"I3'#Ha';R"9('"$"*"'$%&(?'(A&$"E",*4G$H"I1%O6$")$"

N('1(%" %(4(%" )$" '$?A16$%" $" '$(41P(" $N$A&*%" $+O'$%('1(1%" $" O'1N()*%H"I1%O6$")$"

)?(%"O1%21A(%"$A`?()'()(%"2*+"*%"U(')1A%"$"i1Ak(%")("p?1A&("2*+"N1%&("O('("*"

'1*" cg+$0(R" %*4X'1*" $" 9('H" S4/+" )(%" O'*N(%" )$" N1Ak*%R" O'*+*N$" *?&'(%"

(2&1N1)()$%")$"1A&$'$%%$"k1%&J'12*K2?4&?'(4"A("'$01-*"$"O(%%$1*%")$"912124$&(H"

• I*?'*" 7(4(2$" Y*&$4" 3$%*'&" Z" @O(" z" f*+91A(" ('`?1&$2&?'(" k1%&J'12(" $"

2*A&$+O*'gA$(H"I1%O6$")$"D;"`?('&*%"2*+"N1%&("O(A*'g+12("%*9'$"*"31*"I*?'*H"

E" @O(R" (4/+" )$" )1G$'$A&$%" +(%%(0$A%" $" &'(&(+$A&*%R" *G$'$2$" %*4?56$%"

O$'%*A(41P()(%" $" 2*A&(" 2*+" O1%21A(" )$" Q(2&*%" 2*''$A&$%R" %(?A(" $" a*44*)H"

I1%O6$%R" &(+9/+R" )$" ]" %(4(%" )$" '$?A16$%R" '$%&(?'(A&$" $" M" 9('$%R" !" Q?A&*" V"

O1%21A(H"EG$'$2$"%$'N15*%")$"4(N(A)('1(R"3,)2f*f+*3b#R%-7),--#+,)23,R"'$%$'N(%")$"

$a2?'%6$%R" R*Rhf-722,3" $" 2(9$4$1'$1'*H" f*A&(R" (1A)(R" 2*+" O1%21A(" $a&$'1*'" O('("

()?4&*%"$"2'1(A5(%R"2$A&'*"klO12*"A(%"1+$)1(56$%R"X'$(")$"O(%%$1*%"O$)*A(1%R":"

k$2&('$%")$"N1Ak("$"X'$(")$"G4*'$%&("O'*&$01)(H"

PS!/>a5<94!$b'%!

H#"#!I'1J0(!!

• W10(5-*")*"Y*&$4"V"'$)$"I$%10A"Y*&$4%R"O$'+1&1A)*"(*%"O*&$A21(1%"2*A%?+1)*'$%"

(%%*21('"*"I*?'*"]!"(*%"N(4*'$%"$"2('(2&$'l%&12(%")("'$)$T"

• e)$A&1)()$R"7*%121*A(+$A&*"$"'$O?&(5-*")*",'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%"

$+"7*'&?0(4R"O$4("A*&*'1$)()$"$"2'$)19141)()$")*%"%$?%"k*&/1%R" '$%&(?'(A&$%"$"

-;*s-T"

• p?(41)()$" $" )1N$'%1)()$" )(" *G$'&(" )$" %$'N15*%" )*" ,'?O*" WX0'1+(%" Y*&$4%" Z"

.+*&1*A%R"(*"AlN$4")*"c?'1%+*R",(%&'*A*+1(R"W(P$'R"@(8)$"$"t$+K.%&('T"

• 7*%121*A(+$A&*" )*" ,'?O*" WX0'1+(%" Y*&$4%" Z" .+*&1*A%R" $A`?(A&*" 0'?O*" `?$"

*G$'$2$" $aO$'1\A21(%" )$" 4?a*" )1%2'$&*H" h(2&*'" )$" $4$N()(" 1+O*'&gA21(" O('(" *%"

_!"

2*A%?+1)*'$%")*"+$'2()*")*" 4?a*R"O*'"A-*"`?$'$+"$%&('" (%%*21()*%"(*" 4?a*"

*%&$A%1N*"$"(*"2*A%?+*")$"9$A%"%?O/'G4?*%T"

• i('1$)()$" )$" (2&1N1)()$%" )$" 4(P$'R" (*" AlN$4" )*%" )$%O*'&*%" AX?&12*%R"

'$4(a(+$A&*"$"9$+K$%&('R"*G$'$21)(%"O$4*"I*?'*"]!H"

H#.#!I10K,*L0(!

• .aO$2&(&1N(%")*%"O*&$A21(1%" 2*A%?+1)*'$%"$")*%"+$1*%")$"2*+?A12(5-*"%*21(4"

'$4(&1N(+$A&$" (*" I*?'*" ]!R" O$4*" G(2&*" )$" (" (9$'&?'(" )*" 2*+O4$a*" &$'" %1)*"

(A&$'1*'+$A&$" (A?A21()(" O('(" U(A$1'*" )$" :;!;" $" (G1A(4" (" (9$'&?'(" %J" $%&('"

(0*'("O'$N1%&("O('("#('5*")$":;!;H"

H#M#!G&'14,3%)0)*(!

• c$A)\A21("+?A)1(4"O('("("O'*2?'(")$"%*4?56$%")$"9$+K$%&('"$"(?&*K)$%2*9$'&("

O*'"O('&$")*%"2*A%?+1)*'$%")*"+$'2()*")*"4?a*T"

• .a10\A21(")*%"2*A%?+1)*'$%"O*'"?+"%$'N15*")$"$a2$4\A21(R"+$%+*"$+"/O*2(")$"

'$2$%%-*"$2*AJ+12(H"

H#H#!>:*0J0(!

• p?$9'("A*" %$2&*'" 1+*9141X'1*")$" 4?a*R"*"`?$" %$"O*)$'X" '$G4$2&1'" A(" N$A)(")(%"

i144(%T"

• h'(2("*2?O(5-*")1X'1("A(%"?A1)()$%"k*&$4$1'(%"("AlN$4"+?A)1(4T"

• 3$&'(25-*")(%"$+O'$%(%"$+"'$4(5-*"V"'$(41P(5-*")$"$N$A&*%"+'3;'3*2,T"

• f'1%$"(2&?(4")*"%$2&*'")$"c?'1%+*")$"W?a*"u$%O$21(4+$A&$"4?a*"(2$%%lN$4v"("AlN$4"

+?A)1(4R")$N1)*"(*"G(2&*")$"("'$(41P(5-*")$"G/'1(%"$"(2&1N1)()$%")$"4(P$'"%$'$+"

)(%"O'1+$1'(%"("%$'"'$&1'()(%")*"*'5(+$A&*")(%"G(+l41(%"$")(%"?4&1+(%"("%$'$+"

'$&*+()(%T"

_:"

• h'(2*" O*%121*A(+$A&*" )$" 7*'&?0(4" $A`?(A&*" )$%&1A*" &?'l%&12*" )$" W?a*R" &$A)*"

9(1a("2(O(21)()$")$"(&'(25-*")$"2*A%?+1)*'$%"$%&'(A0$1'*%T"

• @*4?56$%"0'^#+'-2"`?$"O$'+1&$+"(*%"2*A%?+1)*'$%"A(21*A(1%"%(l'$+"G(214+$A&$"

)*"O(l%"O('("'$(41P('"(%"%?(%"G/'1(%H!

]S!';W4=@<X?9!

N#"#!G@B*24%O'(!)*!601P*4%3E!

• I$%O$'&('"*" 1A&$'$%%$")*%"O*&$A21(1%"2*A%?+1)*'$%"O$4*"I*?'*"]!R"(&'(N/%")("

O'*+*5-*")*%"%$'N15*%"`?$"*G$'$2$R"2*+*"%$A)*"A-*"%J"?+")$%&1A*")$"G/'1(%"

+(%R"&(+9/+R")$%&1A*")$"G1+K)$K%$+(A("O('("*%"2*A%?+1)*'$%"`?$"A$2$%%1&(+"

)$" '$4(a('" $" )$" $%&('" $+" '$&1'*" 2*A%10*" O'JO'1*%R" (&'(N/%" )(" O'X&12(" )$"

)$%O*'&*%"AX?&12*%"$")$"%$'N15*%")$"'$4(a(+$A&*"$"9$+K$%&('T"

• e+O?4%1*A('"("'$(41P(5-*")$"$N$A&*%"$+O'$%('1(1%"A*"2*+O4$a*T"

• 7'*O121('"("N$A)(")(%"i144(%"$"O*%&$'1*'"(4?0?$'")(%"+$%+(%"u("%$'"0$'1)*"O$4("

S)+1A1%&'(5-*")*"2*+O4$a*vH"

N#.#!G@B*24%O'(!)*!?':,3%20JQ'!

Q"1"!"#V-23*25@7+'-u#

• 7*%121*A('" *" Y*&$4" )*" I*?'*" ]!" 2*+*" O'$G$'\A21(" O('(" *%" 2*A%?+1)*'$%" )$"

c?'1%+*")$"W?a*"`?$"O'*2?'(+"("'$01-*")*"I*?'*T"

• .aO4*'('"("'$4(5-*")*"2*+O4$a*"2*+"*"31*"I*?'*"$"2*+"("'$01-*R"(&'(N/%")*%"

%$'N15*%")$"'$%&(?'(5-*R"9$+K$%&('"$"O'X&12(")$")$%O*'&*%"AX?&12*%T"

• 7*%121*A('"*"I*?'*"]!"2*+*"O'$G$'\A21("O('("*%"2*A%?+1)*'$%"`?$"O'*2?'$+"("

O'X&12(" )$" )$%O*'&*%" )$" 31*R" 9$+" 2*+*R" $aO$'1\A21(%" )$" 9$+K$%&('R"

0(%&'*AJ+12(%"$")$"'$4(a(+$A&*T"

_M"

• c*'A('"$N1)$A&$"O('("*%"O*&$A21(1%" 2*A%?+1)*'$%" ("O$'&$A5(")*"I*?'*"]!"(*"

,'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%R"9$+"2*+*R"("410(5-*"V"2()$1("1A&$'A(21*A(4"

I$%10A"Y*&$4%T"

• c*'A('" (%" i144(%" )*" I*?'*" ]!" (" *O5-*" O('(" *%" 2*A%?+1)*'$%" `?$" O'*2?'$+"

c?'1%+*"3$%1)$A21(4")$"W?a*"A("'$01-*")*"I*?'*H"

• c*'A('"*"I*?'*"]!"?+("'$G$'\A21("A*"c?'1%+*")$"W?a*"$+"7*'&?0(4" Q?A&*")*%"

+$1*%")$"2*+?A12(5-*"%*21(4"A(21*A(1%R"%*9'$&?)*"*%"+$1*%")$"07[,-2h0,H"

Q"1"1"#WC+27+'-u#

• I('"("2*Ak$2$'"(*%"O*&$A21(1%"2*A%?+1)*'$%"&*)*%"*%"%$'N15*%"*G$'$21)*%"O$4*"

I*?'*" ]!R" 9$+" 2*+*R" (" 1A)1N1)?(41)()$" )*" %$'N15*" O'$%&()*" K" ()(O&()*" V%"

$aO$2&(&1N(%" )$" 2()(" 2*A%?+1)*'" K" $" (%" $aO$'1\A21(%" 8A12(%" `?$" O*)$'-*"

?%?G'?1'"A*"2*+O4$a*T"

• I('"("2*Ak$2$'"(*%"O*&$A21(1%"2*A%?+1)*'$%"$"+$1*%")$"2*+?A12(5-*"%*21(4"(%"

+(1%KN(41(%" $" $4$+$A&*%" )1G$'$A21()*'$%" )*" I*?'*" ]!" $+" '$4(5-*" V" *G$'&("

$a1%&$A&$"A("'$01-*H""

• I$%O$'&('"A*%"O*&$A21(1%"2*A%?+1)*'$%"+(1%" Q*N$A%R"2*+"O*)$'"$2*AJ+12*R"("

N*A&()$")$"?%?G'?1'")(%"$aO$'1\A21(%")$"'1*"$"9$+K$%&('"*G$'$21)(%"O$4*"I*?'*"

]!R")$%+1%&1G12(A)*"("(2$%%19141)()$")*"c?'1%+*")$"W?a*"$+"7*'&?0(4H"

• f'1('"'$4(56$%")$" 4*A0*"O'(P*"2*+"*%"2*A%?+1)*'$%")*"I*?'*"]!R"(%%$A&$%"A("

G1)$41P(5-*")*%"+$%+*%H"

^S!(:;5<=?9!

R#"#!;'4*32%0%(!?'3(,:%)'1*(!

S" `?$+" %$" )('X" (" 2*Ak$2$'" *%" 2*A2$1&*" )*" I*?'*" ]!R" 9$+" 2*+*R" *%" '$%O$2&1N*%"

%$'N15*%F"

_]"

• f4(%%$"S"$"t"z"+/)1(R"+/)1(=(4&("$"24(%%$"(4&(T"

• "@-*" O$%%*(%" `?$" $G$2&?(+" *" 2*A%?+*" +*&1N()(%" O$4(" `?(41)()$" $"

2('(2&$'l%&12(%")*"%$'N15*T"

• @-*" 2*A%?+1)*'$%" 2*A%21$A&$%R" '$%O*A%XN$1%R" 2*AG1(A&$%" $" $aO$'1$A&$%" A*"

2*A%?+*")$"9$A%")$" 4?a*H"c\+"?+"$%&14*")$"N1)("(2&1N*R"O*'" 1%%*R"N(4*'1P(+"*"

%$?" &$+O*R" 9$+K$%&('" $" (%" $aO$'1$A21(%" )$" N1)(R" O'*2?'(A)*" (" '$(41P(5-*"

O$%%*(4"$"("(?&*K)$%2*9$'&(T"

• "c\+"(2$%%*"V%"+(1%"'$2$A&$%"&$2A*4*01(%")$"2*+?A12(5-*"$"1AG*'+(5-*"$"%-*"

$aO$'1$A&$%"A("?&141P(5-*")(%"+$%+(%T"

• "@-*" 1A)1Nl)?*%" $)?2()*%R" 2?4&1N()*%R" 1AG*'+()*%" $" N1(Q()*%R" k(91&?()*%" (*"

2*A%?+*")$"9$A%")$"4?a*T!

• B*" 2(%*" )*%" O*&$A21(1%" 2*+O'()*'$%" )(%" i144(%R" $%&$%" %-*" $+O'$$A)$)*'$%" $"

$+O'$%X'1*%" `?$" 1AN$%&$+"A(" (`?1%15-*" )$" O'*O'1$)()$%" )$" 4?a*R"+$%+*"$+"

(4&?'(%")$"2'1%$H!

R#.#!6*)%0!

#$1*%"("%$'$+"$%2*4k1)*%"2*A%*(A&$"*"+*+$A&*"$"(25-*")$"2*+?A12(5-*F"

/;4A@CA6!B?!+?FJ54D?!,?CA?!PQ"

• #$1*%".2*AJ+12*%=B$0J21*T"

• #$1*%")*"@$2&*'"uc?'1%+*"$"e+*9141X'1*vT"

• #$1*%"0$A$'(41%&(%T"

• #$1*%")$"$h[,-2h0,H"

16A=6!,?CA?!PQ!

• #$1*%")$"f*+?A12(5-*=7?94121)()$=#('s$&1A0H"

__"

$4AX<7?9!,?CA?!PQ!

• #$1*%")$",(%&'*A*+1(=,*?'+$&T"i1Ak*%T"@(8)$"$"t$+K.%&('T"i1(0$A%T"$7[,-2h0,r#

W3,)6h"$"I$%O*'&*H"

$4=@?A"

• #$1*%"410()*%"(*"c?'1%+*"$"(*"e+*9141X'1*H"

(A?W4=@?!B4!6ATC<@4=@CA6cB49<G>"

• #$1*%")$"S'`?1&$2&?'(R"I$%10A"$"I$2*'(5-*H""

)?=65<\67I?!B?!=?FJ54D?!

• #$1*%"'$01*A(1%R"%1&?()*%"A("'$01-*")*"7*'&*"

)<G67I?!6!6=@<X<B6B49!6A@K9@<=69c=C5@CA6<9!

• #$1*%")$"S'&$"$"f?4&?'(H"

dS!-9@A6@NG<6!

S#"#!;'(%2%'30:*34'!

7*%121*A('" *" I*?'*" ]!" A(" +$A&$" )*%" 2*A%?+1)*'$%" 2*+*" ?+" m3$G?01*" W*A0$" )("

3*&1A(nH"c*'A('"*"2*+O4$a*"I*?'*"]!"("O'$G$'\A21(")*%"2*A%?+1)*'$%"`?$"O'*2?'(+"("

'$01-*" )*" I*?'*" O('(" ?%?G'?1'" )$" ?+(" %/'1$" )$" %$'N15*%" `?$" O'*O121$+" *" %$?" 4(P$'R"

9$+K$%&('R"'$4(a(+$A&*"$"(?&*K)$%2*9$'&(H""

S#.#!;1'@5*:0!

E" I*?'*" ]!" /" QX" (4N*" )$" $4$N()(%" $aO$2&(&1N(%" O*'" O('&$" )*%" %$?%" O*&$A21(1%"

2*A%?+1)*'$%" $" )*%" +$)1(H" B?+(" /O*2(" )$" 2'1%$" $2*AJ+12(" +?A)1(4" (*" AlN$4" )*"

c?'1%+*"$"e+*9141X'1*R"*"I*?'*"]!"2*A&'('1("("&$A)\A21(")$"'$&'(25-*")(%"$+O'$%(%"$"

1+O4$+$A&(K%$"A?+(" '$01-*"*A)$" QX" $a1%&$"?+("$4$N()("*G$'&(" (*"AlN$4" )*%" %$'N15*%"

`?$" O'$%&(H"E" 9(1a*" O*)$'" )$" 2*+O'(" )*%" 7*'&?0?$%$%" $" (" )1G12?4)()$" `?$" 7*'&?0(4"

_D"

&$+"$+"O*%121*A('K%$"2*+*")$%&1A*")$"4?a*"A*"$%&'(A0$1'*R"G(P$+"2*+"`?$"*"I*?'*"]!"

A$2$%%1&$" )$" $4$+$A&*%" )1G$'$A21()*'$%" O('(" O*)$'" 2(O&('" 2*A%?+1)*'$%" A(21*A(1%R"

$%&'(A0$1'*%" $R" &(+9/+R" $+O'$%(%H"#$%+*" *%" 2*A%?+1)*'$%" 2*+" $4$N()*" O*)$'" )$"

2*+O'("$%&-*R"A$%&$"+*+$A&*R"'$&'(l)*%"$+"'$4(5-*"(*"2*A%?+*")$"c?'1%+*")$"W?a*"

O$4("1+(0$+"`?$"*"2*A%?+*")$%&$%"9$A%"4k$%"O*%%("(&'19?1'H"

S#M#!A*(0T%'!

I$%&(2('" *" I*?'*" ]!" 2*+*" ?+" 2*+O4$a*" )$" 4?a*" (2$%%lN$4" &(4" 2*+*" )$G$A)1)*" A*"

2(Ol&?4*"eR"*A)$"*"4?a*")1%2'$&*R"("%*9'1$)()$R"("$4$0gA21(R"("$a24?%1N1)()$"$"*"'$`?1A&$"

%$" (41(+" V" $a2$4\A21(" )$" ?+" %$'N15*" O$'%*A(41P()*" $" V" (&$A5-*" (*" )$&(4k$" $" (*"

O*'+$A*'H"S&'(1A)*R"(%%1+R"2*A%?+1)*'$%"2*+"O*)$'")$"2*+O'("`?$"N(4*'1P(+"*"%$?"

&$+O*" $" `?$" O'*2?'(+" $aO$'1\A21(%" )$" N1)(" (*" AlN$4" )*" 9$+K$%&('R" '$4(a(+$A&*R"

0(%&'*AJ+12*R" )$" 4(P$'" $" )$%O*'&1N*H" @(&1%G(P$'" *%" 2*A%?+1)*'$%"A("O'*2?'(")$"+(1%"

N(41(%"(*"AlN$4")("'$4(5-*"`?(41)()$=O'$5*H"

eS!/=7849!

U#"#!8;1*O%*V!A',1'!H"W!!

,49=A<7I?f!f*AN1)('"Q*'A(41%&(%")$"+$1*%"2*A2$1&?()*%")$"07[,-2h0,"$"23,)6h#A(21*A(1%"$"

1A&$'A(21*A(1%"("?%?G'?1'")(%"$aO$'1\A21(%"O'*O*'21*A()(%"O$4*"2*+O4$a*"(A&$%")("%?("

(9$'&?'("*G121(4H"

I$%&("G*'+(R"%$'X"$%&(9$4$21)("?+("'$4(5-*"O'1N14$01()("2*+"*%"+$1*%")$"2*+?A12(5-*R"

O('("`?$"$%&$%")1N?40?$+"(%"+(1%KN(41(%")*"2*+O4$a*"$+"'$4(5-*"V"%?("2*A2*''\A21(R"

9$+"2*+*R"("`?(41)()$")*%"%$?%"%$'N15*%"O'$%&()*%R"%(&1%G(P$A)*R"(%%1+R"("2?'1*%1)()$"

$"$aO$2&(&1N(%"2'1()(%"O$4*%"+$)1("$"O$4*%"2*A%?+1)*'$%H"

c$A)*"$%&("(25-*R"&(+9/+R"?+"g+91&*"1A&$'A(21*A(4"O*)$'X"&$'"2*+*"2*A%$`?\A21("("

2(O&(5-*" )(" (&$A5-*" )$" 2*A%?+1)*'$%" $%&'(A0$1'*%R" `?$" %$" )$%4*`?$+"

O'*O*%1&()(+$A&$" (" 7*'&?0(4" O('(" ?%?G'?1'" )(%" $aO$'1\A21(%" O'*O*'21*A()(%" O$4*"

I*?'*"]!H"

_<"

(:;5<=?g65X?f"#$)1("A(21*A(1%"$"1A&$'A(21*A(1%"`?$"O*%%(+")1N?40('"*"I*?'*"]!"Q?A&*"

)*%"%$?%"O*&$A21(1%"2*A%?+1)*'$%H!

"FJ54F4>@67I?f! S" 1+O4$+$A&(5-*" )$%&(" (25-*" %$'X" '$(41P()(" O$4(" (0\A21(" )$"

2*+?A12(5-*" )*" ,'?O*" WX0'1+(%" Y*&$4%" Z" .+*&1*A%H" @$'X" 1+O4$+$A&()(" A*" +\%"

(A&$'1*'" V" 1A(?0?'(5-*" $" 2*+O4$+$A&()(" O$4*" $AN1*" )$" 1AG*'+(5-*" O('(" +$1*%"

$2*AJ+12*%R" )$" 2*+?A12(5-*" )*" %$2&*'R" 0$A$'(41%&(%" $" '$01*A(1%R" 9$+" 2*+*R" O('("

+$1*%")$"('`?1&$2&?'(R")$%10AR")$2*'(5-*"$"+$1*%"$%O$2lG12*%")*%"%$'N15*%"O'$%&()*%H"

1N@A<=69! B4! /X65<67I?f! S" (25-*" %$'X" (N(41()(" O$4(" `?(A&1)()$" $" 2*A&$8)*" )("

1AG*'+(5-*" O'*)?P1)(" O$4*%" +$1*%" )$" 2*+?A12(5-*R" 9$+" 2*+*R" O$4(" 2*A%$`?$A&$"

O'*2?'("$"*2?O(5-*")*"2*+O4$a*"O*'"O('&$")*%"2*A%?+1)*'$%H"

U#.#!8+*%5X*(!A',1'!H"W!!

,49=A<7I?f!f'1(5-*")$"4$146$%")$"O(2*&$%")$"$aO$'1\A21(%")$"G1+K)$K%$+(A("I*?'*"]!H"

.%&(%"$aO$'1\A21(%"1'-*"1A24?1'"*%")1N$'%*%"%$'N15*%"*G$'$21)*%"O$4*"2*+O4$a*H"E%"4$146$%"

%$'-*"'$(41P()*%"')07),"2(O&(A)*R"(%%1+R"("(&$A5-*")*%"O*&$A21(1%"2*A%?+1)*'$%"+(1%"

Q*N$A%" $" 2*+?A12(A)*" *" I*?'*" ]!" 2*+*" ?+(" %*4?5-*" )$" 4?a*" (2$%%lN$4" O('("

2*A%?+1)*'$%" (2&1N*%R" 2*+" O*?2*" &$+O*" )1%O*AlN$4R" `?$" O'*2?'$+" ?%?G'?1'" )$"

$aO$'1\A21(%")$"9$+K$%&('R"'$4(a(+$A&*R"0(%&'*AJ+12(%"$")("O'X&12(")$")$%O*'&*%")$"

'1*H"

(:;5<=?g65X?f!.a2?'%1*A1%&(%R"&(4"2*+*")$G1A1)*"A*"2(Ol&?4*"eeH"7*&$A21(%"2*A%?+1)*'$%"

?'9(A*%R" A(" G(1a(" )*%" M;K_;" (A*%R" `?$" 0*%&$+" )$" ?%?G'?1'" )$" $aO$'1\A21(%" )$" 4(P$'R"

&$A)*" (40?+" O*)$'" )$" 2*+O'(H" f*A%?+1)*'$%R" $%&$%R" `?$" (O'$21(+" ("+(1%" N(41(" )("

'$4(5-*" `?(41)()$=O'$5*" $" (" *O*'&?A1)()$" )$" ?%?G'?l'$+" )(" `?(41)()$" )*%" %$'N15*%"

O'$%&()*%"O$4*"I*?'*"]!"("?+"O'$5*"+(1%"(2$%%lN$4H"@$'-*"&(+9/+"2*A&$+O4()*%"*%"

+$1*%" )$" 2*+?A12(5-*" +(1%" (O'*O'1()*%" O('(" `?$" )1N?40?$+" $%&(" (25-*" Q?A&*" )*%"

O*&$A21(%"2*A%?+1)*'$%H"

"FJ54F4>@67I?f!.%&("(25-*"%$'X"1+O4$+$A&()("O$4("$`?1O(")$"+('s$&1A0")*"I*?'*"]!"

$" %$'X" '$(41P()(" &*)(%" (%" `?1A&(%KG$1'(%R" A*%" M" O'1+$1'*%" +$%$%" (OJ%" (" (9$'&?'(" )*"

_d"

2*+O4$a*H" S" )1N?40(5-*" G12('X" (" 2('0*" )(" (0\A21(" )$" (%%$%%*'1(" )$" 2*+?A12(5-*" )*"

,'?O*H"

1N@A<=69! B4! /X65<67I?f!E" %?2$%%*" )(" (25-*" %$'X"+$)1)*" O$4(" ()$%-*" )*%"+$1*%" )$"

2*+?A12(5-*R"(&'(N/%")(")1N?40(5-*")("+$%+(R"$"O$4("()$%-*")*%"2*A%?+1)*'$%"(*%"

4$146$%H"

U#M#!8!A',1'!H"!?'1&'104*W!!

,49=A<7I?f"3$(41P(5-*")$"O('2$'1(%"2*+"*'0(A1P(56$%"("*O$'('"A("'$01-*R"2*+*"("S.i7"

z"9--'+7*MU'# 6*-# V4;3,-*-# 6,# k7)a'# 6'# I'32'" z" O('(" (" ?&141P(5-*" )(%" )?(%" %(4(%" )$"

2*AG$'\A21(" )*" 2*+O4$a*" (" O'$5*%" %1+9J412*%H" .%&(%" O('2$1'(%" O$'+1&1'-*R" A-*" %JR"

)1A(+1P('" (%" %(4(%" )$" 2*AG$'\A21(%" )*" 2*+O4$a*" +(%R" &(+9/+R" (&'(1'" (" (&$A5-*" )$"

$+O'$%X'1*%" $" 1AN$%&1)*'$%" 2*+" O*)$'" )$" 2*+O'(" +$+9'*%" )(%" (%%*21(56$%H" .%&$%"

%$'-*" 2*AN1)()*%" (" $aO$'1+$A&('" *%" %$'N15*%" *G$'$21)*%" O$4*" I*?'*" ]!" (" O'$5*%"

2*AN1)(&1N*%" &*'A(A)*K%$R"(%%1+R"O*&$A21('$%"2*A%?+1)*'$%" G'$`?$A&$%R"?+("N$P"`?$"

%$")$%4*2(+"'$0?4('+$A&$"V"'$01-*")*"I*?'*"$+"&'(9(4k*H"#?1&(%")$%&(%"(%%*21(56$%"

2*A&(+"2*+"+$+9'*%"$%&'(A0$1'*%"O*&$A21(A)*R"&(+9/+R"$%&("(25-*"("(`?1%15-*")(%"

i144(%")*"I*?'*"]!H!

(:;5<=?g65X?f! E'0(A1P(56$%" (" *O$'('$+" A(" '$01-*" $" O*&$A21(1%" 2*A%?+1)*'$%" )*%"

%$'N15*%"O'$%&()*%"O$4*"I*?'*"]!R"9$+"2*+*R")(%"i144(%H"

"FJ54F4>@67I?f! S" 1+O4$+$A&(5-*" )$%&(" (25-*" %$'X" '$(41P()(" O$4(" $`?1O(" )$"

+('s$&1A0")*",'?O*"WX0'1+(%"Y*&$4%"Z".+*&1*A%"$"&$'X"1Al21*"(`?(A)*")("(9$'&?'(")*"

2*+O4$a*R"%$+")(&("O'$N1%&(")$"$A2$''(+$A&*H"

1N@A<=69!B4!/X65<67I?f!S"(N(41(5-*"%$'X"$G$2&?()("O$4*"A8+$'*")$"O('2$'1(%"'$(41P()(%R"

9$+" 2*+*R" O$4(" O*%&$'1*'" ()$%-*" )*%" +$+9'*%" )(%" *'0(A1P(56$%" (*%" %$'N15*%" )*"

I*?'*"]!"$"V"2*+O'("$G$2&1N(")(%"i144(%H"

U#H#!8A',1'!H"!A*(%E3W!!

_>"

,49=A<7I?f!f'1(5-*" )$" ?+"$%O(5*"I$%10A" A*"I*?'*" ]!" *A)$" %$'-*" $a191)(%" *9'(%" )$"

('&1%&(%"O*'&?0?$%$%"$"$%&'(A0$1'*%H".%&$"$%O(5*"2*A&('X"2*+"$aO*%156$%"&$+O*'X'1(%"$"

%$'X"0$'1)*"O*'"?+"2?'()*'")$"('&$"("'$%1)1'"A("'$01-*H"S&'(N/%")$%&("(25-*"*"2*+O4$a*"

G12('X" (%%*21()*" V" 2?4&?'(" $" V" ('&$R" '$(G1'+(A)*" (" O'$*2?O(5-*" )*" ,'?O*" WX0'1+(%"

Y*&$4%" Z" .+*&1*A%" A(" O'*+*5-*" ('&l%&12(R" %$A)*R" &(+9/+R" '$G*'5()(" (" 410(5-*" )*"

I*?'*"]!"V"'$)$"I$%10A"Y*&$4%H"S"(25-*"1'XR"&(+9/+R")1A(+1P('"*"Y*&$4"I*?'*"]!"$"(%"

%?(%" 1AG'(K$%&'?&?'(%R"2*+*"*"9('"$"*"'$%&(?'(A&$R"2*4*2(A)*R" &(+9/+R"*"$%O(5*"A*%"

'*&$1'*%"('&l%&12*%")("'$01-*H"

(:;5<=?g65X?f!#$1*%")$"2*+?A12(5-*")$"('&$R")$%10AR"2?4&?'(R"23,)6hb# 07[,-2h0,"$" 4*2(1%"

`?$" O*%%(+" )1N?40('" (" (25-*R" $" (%" )1N$'%(%" $aO*%156$%R" Q?A&*" )$" O*&$A21(1%"

2*A%?+1)*'$%"Q*N$A%"$"2*+"1A&$'$%%$"O$4*"I$%10AH"

"FJ54F4>@67I?f" S" (25-*" %$'X" 1+O4$+$A&()(" O*'" ?+(" $`?1O(" )*" I*?'*" ]!R" $+"

2*AQ?A&*" 2*+" *" 2?'()*'" 2*AN1)()*" O('(" 0$'1'" *" $%O(5*R" %$A)*" O*%&$'1*'+$A&$"

)1N?40()("O$4("(0\A21("`?$"'$(41P('X"("(%%$%%*'1(")$"1+O'$A%(H"

1N@A<=69! B4! /X65<67I?f! S" (N(41(5-*" )(" (25-*" %$'X" '$(41P()(" A-*" %J" (&'(N/%" )("

O?9412(5-*"'$0?4('")$" 1AG*'+(5-*"%*9'$"$%&$" 1A121(&1N(R"+(%R" &(+9/+R"O$4("()$%-*"V%"

$aO*%156$%"$"O$4("2*A%$`?$A&$"O'*2?'(")*%"%$'N15*%"O'$%&()*%"O$4*"I*?'*"]!H"

U#N#!8$'13*%'!)*!Y0T4%3E!A',1'!H"W!

,49=A<7I?f!f'1('"?+" &*'A$1'*")$"G*[27)@#A*"31*"7(1N(b#O'*+*N1)*"O$4*"I*?'*"]!R"$+"

O('2$'1(" 2*+" (" 920q)27+'# D# V-+'0*# 6,# G*[27)@R" +$+9'*" )(" ()2,3)*27')*0# G*[27)@#

L,6,3*27')"$")("9--'+7*MU'#I'32%@%,-*#6,#G*[27)@"#.%&$"&*'A$1*"1'X"2*4*2('"*"I*?'*"]!"

2*+*" )$%&1A*" O'$G$'1)*" O('(" *%" 2*A%?+1)*'$%" 2*+" $4$N()*" O*)$'" )$" 2*+O'(" `?$"

O'*2?'$+"("'$01-*"O('("("O'X&12(")("+*)(41)()$R"9$+"2*+*R")$"*?&'(%"+*)(41)()$%")$"

'1*H"e'XR"&(+9/+R"(%%*21('"*"2*+O4$a*"V"O'X&12(")$%O*'&1N(R"(*"9$+K$%&('"$"("$%&14*%")$"

N1)("%(?)XN$1%R"O'*+*N$A)*R"(1A)(R"("#('1A(")*"2*+O4$a*H"S"(25-*"2(O&('X"A-*"%J"("

(&$A5-*" )$" O*&$A21(%" 2*A%?+1)*'$%" $" )*%" +$)1(" +(%R" &(+9/+R" )$" $+O'$%(%" `?$"

O'*2?'$+"'$(41P('"(2&1N1)()$%")$"2,*4#R%7067)@#A("'$01-*H"

D;"

(:;5<=?g65X?f! #$1*%" )$" 2*+?A12(5-*" )$%O*'&1N*%R" )$" %(8)$R" 9$+K$%&('R" 4*2(1%R"

0$A$'(41%&(%"$")$"07[,-2h0,"`?$")1N?40?$+"("(25-*"Q?A&*")$"O*&$A21(1%"2*A%?+1)*'$%"`?$"

O'*2?'$+"("'$01-*"O('("("O'X&12(")$")$%O*'&*%")$"'1*H"

"FJ54F4>@67I?f!E"W'3),73'# Z'%3'# J!" %$'X" *'0(A1P()*" O$4(" $`?1O(" )$"+('s$&1A0" )*"

I*?'*"]!"$+"O('2$'1("2*+"(".%2*4("S&4gA&12*"$"("(25-*"%$'X")1N?40()("O$4("(0\A21(")$"

2*+?A12(5-*H!

1N@A<=69! B4! /X65<67I?f! E" %?2$%%*" )(" (25-*" %$'X" (N(41()*" O$4(" )1N?40(5-*" '$(41P()("

O$4*%"+$)1(R"9$+"2*+*R"O$4("2*A%$`?$A&$"*2?O(5-*")*"I*?'*"]!"O*'"2*A%?+1)*'$%"

`?$"O'*2?'$+"("O'X&12(")$")$%O*'&*%")$"'1*"A("'$01-*H"

"

!

!

!

!

!

!

!

!

!

#?@69!_<>6<9!

!

D!"

E%"9$A%")$"4?a*"1A%&1&?21*A(41P('(+K%$"A(%"%*21$)()$%"2*A&$+O*'gA$(%"2*+*"?+(")(%"

G*'+(%")*%"1A)1Nl)?*%")$+*A%&'('$+"*"%$?"$%&(&?&*"%*21(4R"*"%$?"O*)$'"$2*AJ+12*R"$"

(%"%?(%"2('(2&$'l%&12(%"1A)1N1)?(1%H""

S%"+('2(%")$"4?a*"&\+"?+"N(4*'"`?$"/"O$'2$O21*A()*"O$4*%"2*A%?+1)*'$%")(%"+$%+(%"

2*+*"(40*"`?$"'$G4$2&$"("%?("O$'%*A(41)()$R"*%"%$?%")$%$Q*%R"(%"%?(%"G(A&(%1(%"$"("%?("

1A)1N1)?(41)()$H" S*" ?%('" ?+" O'*)?&*" )$" ?+(" +('2(" )$" 4?a*R" *" 1A)1Nl)?*" $%&X" ("

2*+?A12('"%*9'$"%1"+$%+*H""

7*'"%$'"?+"+$'2()*"*A)$"$a1%&$"?+"0'(A)$"O'*&$221*A1%+*")*"N(4*'")(%"+('2(%R"*"%$?"

(2$%%*"/"41+1&()*"$"*%"9$A%"&$A)$+"("%$'"`?(%$"$a24?%1N*%R"V"+$)1)(")$"2()("O$%%*(H"

f*+?A12('"$%&("$a24?%1N1)()$"/"?+")$%(G1*")(%"+('2(%")$"4?a*H"E%"2(A(1%"+(%%1N*%")$"

2*+?A12(5-*" %-*" ?+" '1%2*" `?$" (%" +('2(%" A-*" $%&-*" )1%O*%&(%" (" 2*''$'H" S" %*4?5-*"

(O'$%$A&(K%$"(&'(N/%")$"$%&'(&/01(%")1'$221*A()(%"`?$"$%&(9$4$2$+"?+("'$4(5-*"+(1%"

lA&1+(" $A&'$" (%"+('2(%" $" 2()(" ?+" )*%" %$?%" O89412*%H" S%" '$4(56$%" %-*R" (%%1+R" `?(%$"

1A)1N1)?(41P()(%"$"O('("(%"$%&(9$4$2$'"$"+(A&$'"(%"+$%+(%"%-*"A$2$%%X'1(%"$%&'(&/01(%"

)$"2*+?A12(5-*"'10*'*%(%R"`?$"N-*")$"$A2*A&'*"V%"(%O1'(56$%")*%"O89412*%H""

S"`?(41)()$R" $+9*'(" %$Q("?+" G(2&*'"9X%12*R" A-*" 2k$0("O('(" G1)$41P('" *%"O89412*%")(%"

+('2(%" )$" 4?a*H" o" A$2$%%X'1*" `?$"+(1%" )*" `?$" O$'2$O21*A('" *" N(4*'" )(%" +('2(%" *%"

1A)1Nl)?*%"O*%%(+"%$A&1K4*H"E%"%$A&1+$A&*%"%-*"(40*"`?$"A-*"%$"N\"+(%"`?$"%$"'$G4$2&$"

A(%"(256$%H"@$"2*+?A12(5-*"/"(25-*R"(%"3$4(56$%"789412(%"%-*"("+$4k*'"G*'+(")$"4$N('"

*%"1A)1Nl)?*%"("$A2*A&'('"(%"+('2(%"`?$"G(4(+"%*9'$"%1R"A?+"+$'2()*"$+"`?$"A()("/"

$N1)$A&$R"$%&(A)*"&*)("("1A)8%&'1("$AN*4&("A?+("A$941A("+X012(H""""

S%"3$4(56$%"789412(%"%-*R"(2&?(4+$A&$R"2*AN1)()(%"("&'(5('"$%&'(&/01(%")$"2*+?A12(5-*"

O('("*%")1N$'%*%" &1O*%")$"9$A%")$" 4?a*" u1A(2$%%lN$1%R" 1A&$'+/)1*%"$"(2$%%lN$1%vH"f*+*"

N1+*%"(A&$'1*'+$A&$R"V"+$)1)("`?$"("1A(2$%%19141)()$")*%"9$A%"(?+$A&("("7?94121)()$"

(*%" +$%+*%" )1+1A?1R" &*'A(A)*K%$" (%" 3$4(56$%" 789412(%" (" O'1A21O(4" X'$(" )("

2*+?A12(5-*"("%$'"?&141P()("$"A(40?A%"2(%*%"("8A12(H""

S"?&141P(5-*")(%"3$4(56$%"789412(%"&$A)*"$+"2*A&("*"$%&X01*")$")$%$AN*4N1+$A&*")(%"

+('2(%" '$0$K%$" O$4*" +$%+*" O('()10+(H" .A`?(A&*" `?$" (%" '$4(56$%" O89412(%" %-*"

D:"

?&141P()(%" 1A&$A%1N(+$A&$" `?$'" A*" 4(A5(+$A&*R" 2*+*" )?'(A&$" *" 2'$%21+$A&*" *?"

2*A%*41)(5-*" )(%" +('2(%R" (" O?94121)()$" /" `?(%$" A?4(" A*" 4(A5(+$A&*R" +*)$'()(" A*"

2'$%21+$A&*"$"+?1&*"O*?2("("+*)$'()("A("2*A%*41)(5-*H"

w+(" )(%" '(P6$%" O('(" (" 0'(A)$" '$4$NgA21(" `?$" /" )()(" V%" 3$4(56$%" 789412(%" A$%&$"

%$0+$A&*")$"+$'2()*"/"*"G(2&*")$"$%&(%")$%$Ak('$+"$%&'(&/01(%")$"2*+?A12(5-*"`?$"

O*%%(+" 1+O(2&('" )1'$2&(+$A&$" *%" )1N$'%*%" O89412*%K(4N*R" &$A)*R" (%%1+R" ?+" O(O$4"

2'?21(4" A*" ?A1N$'%*" )(" 2*+?A12(5-*" )*%" 9$A%" )$" 4?a*H"E?&'*"+*&1N*" /" (" 2(O(21)()$"

`?$"(%"3$4(56$%"789412(%"&\+")$"2'1('"+$A%(0$A%")$")1N?40(5-*"$%O*A&gA$(")*%"9$A%R"

`?$'"(&'(N/%")("1+O'$A%(R"`?$'"N1("^'36#'[#4'%2a"$A&'$"*%"2*A%?+1)*'$%H"

B?+"+$'2()*"`?$"%$" 1+O6$"$a24?%1N*R"$41&1%&("$")$")1Gl214"(2$%%*R"("2*+?A12(5-*"&$+"

)$" %$'" 2?1)()(" $" 9(%&(A&$" 9$+" 0$'1)(H" I()*" *" '1%2*" `?$" ()N1'1(" )("+(%%1G12(5-*R" (%"

3$4(56$%" 789412(%" %-*" (" X'$(" )(" 2*+?A12(5-*" 1)$(4" O('(" (41+$A&('" *%" %*Ak*%" $"

G(A&(%1(%")*%"2*A%?+1)*'$%R"%$+"'$&1'('"N(4*'"V%"+('2(%H"

S&'(N/%")$%&$"7'*Q$2&*R"O?)$"2*A%&(&('"`?$"*")$%(G1*"(2&?(4"A*" %$2&*'")$" 4?a*"O(%%("

O*'" 2'1('" $aO$'1\A21(%" 8A12(%" `?$" O$'+1&(+" (*%" 2*A%?+1)*'$%" (G(%&('$+K%$" )(" %?("

'$(41)()$" `?*&1)1(A(H" @$'N15*%" )$" $a2$4\A21(" `?$" O'*O*'21*A$+" $aO$'1\A21(%"

+$+*'XN$1%"$"$A'1`?$2$)*'(%"("2*A%?+1)*'$%"XN1)*%")$"$a2$4\A21("$")$"*'101A(41)()$H""

.+9*'("$%&$%"9$A%"%$Q(+"(%O1'(21*A(1%"$"$a1%&("?+"O('&12?4('"2?1)()*"O('("A-*"2(1'"A("

m+(%%1G12(5-*nR"O*)$+*%"N$'1G12('"?+("&$A)\A21("O('("(")$%+1%&1G12(5-*")*"4?a*H"

"B$%&$" %$A&1)*R" *" 4?a*" &*'A(K%$" +(1%" )$+*2'X&12*" $" )1%O*AlN$4" (" A*N*%" &1O*%" )$"

2*A%?+1)*'$%R"%$A)*"1+O*'&(A&$"2'1('"$%&'(&/01(%")$"2*+?A12(5-*")1'$221*A()(%"O('("

*%" +$%+*%R" 2*+*R" O*'" $a$+O4*R" *%" m$a2?'%1*A1%&(%n" `?$" +$%+*" A-*" &$A)$+" *"

$4$N()*"O*)$'")$"2*+O'(")*%" '$%&(A&$%"2*A%?+1)*'$%")*"+$'2()*")$" 4?a*R")$%$Q(+"

2*A%?+1'"$%&$%"9$A%"$"G(P$+KA*"$%O*'()12(+$A&$H"

S"2*+?A12(5-*"/"$%%$A21(4"A*"+$'2()*")$" 4?a*"$"$+"7*'&?0(4R"(O$%('")("2*AQ?A&?'("

$2*AJ+12("(2&?(4R"/"(&'(N/%")("2*+?A12(5-*"`?$"(%"*'0(A1P(56$%"`?$"&'(9(4k(+"*"4?a*"

DM"

%$" O*)$+" )1G$'$A21('R" ()*O&(A)*" $%&'(&/01(%" )$" 2*+?A12(5-*" 1A*N()*'(%" O('("

$%&(9$4$2$'"$"+(A&$'$+"'$4(56$%"2'$)lN$1%"$"G1/1%"2*+"*%"%$?%"O89412*%"(4N*H"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

"

04L4A`>=<69!.<;5<?GA6L<=69!

"

S'0$A&1R"7(?4"u!>>]v"K'3;'3*2,#K'44%)7+*27')R"Mx".)15-*R"B$q"Å*'sR"#2,'(qY144H"

D]"

t(4+$'R" U*kA" #H" cHR" $" ,'$L%$'R" @&$Ok$A" SH" u:;;MvR" G,/,*07)@# Wa,# K'3;'3*27')"#

I,3-;,+27/,-# ')# 76,)272hb# 74*@,b# 3,;%2*27')b# +'3;'3*2,# R3*)67)@b# *)6# +'3;'3*2,f0,/,0#

4*3T,27)@R"W*A)*AR"3*?&4$)0$H"

fk$N(41$'R"#12k$4"$"#(PP(4*N*R",/'(4)"u:;;dv"$%&%3h#c3*)6#=*)*@,4,)2"#E)*#/7-7'),#

+'4;0,2*#-%00s'6,)272g#,#0*#@,-27'),#6,0#-,22'3,#6,0#0%--'b##14(A*R"h'(A2*SA0$41H##"

f4('sR"3*A(4)"SHT"}9*Q(R"U(+$%"$",*4)%+1&kR"3*A(4)".H" u:;;<v"H2*2%-#+')-%4;27')#*)6#

3'0,f3,0*&,6# +')-%4;27')u# 9# 2*0,# '[# 2^'# 3,2*70# +')-%4,3-r# n'%3)*0# '[# G,2*707)@# *)6#

K')-%4,3#H,3/7+,-R"!]R"]_K_>H"

f*%&(R" UH" S4+$1)(" $" #$4*R" SH" @(+O(1*" u!>>>v" Z7+7')C37'# 6*# $.)@%*# I'32%@%,-*R" dx"

.)15-*R"7*'&*R"7*'&*".)1&*'(H"

f?&41OR"f$A&$'"$"t'**+"u!>d_v".GG$2&1N$"7?9412"3$4(&1*A%R"B$q"U$'%$LR"7'$A&12$"Y(44H"

I(AP10$'R"7(+$4("BH" u:;;_v"$,2#Wa,4#V*2#K*T,u#=*3T,27)@#$%&%3h#2'#2a,#=*--,-#D#9-#

d,00#9-#W'#Wa,#K0*--,-R"I$('9*'A"c'()$H"

,('21(R"@?%(A("f(+O?AP(A*"u:;;Mv"V0#%)7/,3-'#6,0#0%S'"#E)*#/7-7A)#@0'R*0#h#,-23*25@7+*#

;*3*#;3'[,-7')*0,-#h#*4*)2,-#6,0#0%S'R"#()'1)R"#2,'(qY144H"

,'?A10R" .H" U(+$%" u!>>:v# V&+,00,)+,# 7)# I%R07+# G,0*27')-# *)6# +'44%)7+*27')#

=*)*@,4,)2_R"B$q"U$'%$LR"W(q'$A2$".'49(?+"S%%H#

,'?A10R".H"U(+$%"$"Y?A&R"c*))"u!>dMv"=*)*@7)@#I%R07+#G,0*27')-R"h*'&"j*'&kR"Y('2*?&"

t'(2$"U*N(A*N12k"f*44$0$"7?941%k$'%H"

W1A)*AR" I$A1%T" W$A)'$N1$R" U(2`?$%T" 3*)'10?$%R" U*(`?1+" iH" $" I1*Al%1*R" 7$)'*" u!>>>v"

=,3+*2'3b#W,'37*#,#I3C27+*#6'#=*3T,27)@R"dx".)15-*R"W1%9*(R"7?9412(56$%"I*+"p?1a*&$H"

71$)()$R"U*(A("u:;;dv"I374,73*#$7)a*#V-;,+7*0#D#$%&'#V-+*;*#g#K37-,R"7?941&?'1%R"W1%9*(R"

)1%O*AlN$4" $+"

k&&OF==qqqHO?941&?'1%HO&=)*%%1$'HOkOb(2&1*AÇ('&10*Z('&10*Ç>]D<<Z)*%%1$'Ç>]D<_H"

D_"

jk1&$R" U*A" $" #(P?'R" W(?'(" u!>d_v" H23*2,@7+# K'44%)7+*27')# =*)*@,4,)2u# 4*T7)@#

;%R07+#3,0*27')-#^'3TR"Y('4*qR"S))1%*AKj$%4$L"7?9H#

c*&kR" .41P(9$&k" WH" u:;;Dv" Wa,# L%2%3,# '[# V&+,00,)+,# 7)# I%R07+# G,0*27')-# *)6#

K'44%)7+*27')#=*)*@,4,)2u# Ka*00,)@,-# ['3# 2a,# ?,&2# B,),3*27')_R" f(OH" d" z# t$A1&("

@&$LAR"w@SR"W(q'$A2$".'49(?+"S%%*21(&$%"7?941%k$'%H"

#*A&$1'*R" f('1A(" u:;;>v" W%37-4'# 6,# $%&'R" 7?941&?'1%R" W1%9*(R" )1%O*AlN$4" $+"

k&&OF==qqqHO?941&?'1%HO&=)*%%1$'HOkOb(2&1*AÇ('&10*Z('&10*Ç!;!!>;Z)*%%1$'Ç!;!!ddH"

k&&OF==qqqH2*+1&$2*49$'&H2*+"

"

"

Documents

Projecto Pedro Rodrigues Rodrigues.pdf · 2*+*""$""$""$"!< "

Projecto Pedro Rodrigues Rodrigues.pdf · 2+""$""$""$"!< "