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pZjkl\_@mjgFbg\Z gZjijhk\_s_gbyq&;&9,

<_k_eh\kdbc :GIhwlbdZ kx`_lh\Kh[jkhqk_jIhwlbdZl,,\ui

KI[

<_k_eh\kdbc :GJZaukdZgby \h[eZklb jmkkdh]h^moh\gh]h klboZq,,K\ylhc

=_hj]bc \e_]_g^Zo bh[jy^ZoK[hjgbd hl^jmkyaudZ bkeh\_kghklb :GKI[

l;;,1R

<_k_eh\kdbc :GKjZ\gbl_evgZy fbnheh]byb__f_lh^Kh[jkhql;9/KlZlvb

h kdZad_FE

<bd_glv_\ <F >j_\g__]bi_lkdZyih\_klv h^\mo [jZlvyoF

<hedh\ JFKdZadZJZaukdZgby ihkx`_lhkeh`_gbx gZjh^ghckdZadbLKdZadZ

\_ebdhjmkkdZymdjZbgkdZy[_ehjmkkdZy>H^_kkZ@

<her_[guc f_jl\_pK[fhg]hehhcjhlkdbo kdZahdI_j\klmiklZlvy bijbf_q;

Y<eZ^bfbjph\ZI]

<mg^l <Fbn bj_eb]byKI[[]

=_k_jbZ^ZKdZaZgby hfbehklb\hf =_k_jF_j]_goZg_bkdhj_gbl_e_ ^_kylbahe \

^_kylb kljZgZok\_lZI_j\klmiklZlvy bdhffK:DhabgZFE

=_kbh^Ih^kljhqguc i_j_\h^ihwf k]j_q_kdh]h<klmii_jb ijbf_q=

<eZklh\ZKI[

=hf_jh\u ]bfguI_j<<_j_kZ_\ZF

>h[jh\hevkdbc <GKfhe_gkdbc wlgh]jZnbq_kdbck[hjgbdKI[AZiJmk

]_h]jh[\Z ihhl^wlgh]jl;;

>he]Zgkdbc nhevdehj<klmiklZlvyl_dklu bi_j::Ihih\Z>E@

>jy]bg GFEx[h\gu_ fhlb\ufZjlh\kdh]h wihkZ]hjp_\ K_\_jgh]hDZ\dZaZ

LjbklZg bBkhev^ZK[klZl_cE

A_e_gbg >DDmevl hg]hgh\\ Kb[bjbFE

A_e_gbg >DJ_eb]bhaghfZ]bq_kdZy nmgdpby\her_[guo kdZahdKNHev^_gmj]

D iylb^_kylbe_lbxgZm]h[s_kl\^_yl_evghklbE

A_e_gbg >DLZ[m keh\m gZjh^h\<hklhqghc ?\jhiub K_\_jghc:abbK[F:W

l9,

A_e_gbg >DLhl_fu ^_j_\vy \kdZaZgbyo bh[jy^Zo _\jhi_ckdbogZjh^h\F

E

Bho_evkhg %F FZlhq_kdh_ [_]kl\hdZd h[s_jZkijhkljZg_gguckdZahqghfbnbq_kdbc

wibah^K[\ q_klvk_fb^_kylbe_lby ijhn_kkhjZ>G:gmqbgZF

DZ]Zjh\ ?=KhklZ\ bijhbkoh`^_gb_ k\Z^_[ghchjy^ghklbK[F:W

DZaZgkdbc ;<:glbqgu_ Zki_dlukx`_lZ LjbklZgZb Bkhev^uLjbklZg bBkhev^Z

K[klZl_cE

Dbjibqgbdh\ :=_hj]bc b?]hjbc ojZ[jucBkke_^h\Zgb_ ebl_jZlmjghcbklhjbb

ojbklbZgkdhc e_]_g^uKI[

Dmgh\ =Ijhbkoh`^_gb_ j_eb]bbb \_ju\ [h]ZF

E_\b;jxev EK\_jot_kl_kl\_ggh_ \i_j\h[ulghf fure_gbbFE_gbgkdbc

k[hjgbdl;,,

Ebii_jl XBklhjby dmevlmjuKI[

Emjv_ KY>hf \e_kmYaud bebl_jZlmjZl9,,,

FZjdk DWg]_evk NKhq_ ba^

FZjj GYEhrZ^v__ilbpZlhl_f mjZjlhwljmkkdh]h ie_f_gbb _s_^\Z wlZiZ\

_]h fb]jZpbbYn_lbq_kdbc k[hjgbdlI]

FZjj GYKj_^kl\Z i_j_^\b`_gbyhjm^by kZfhaZsblub ijhba\h^kl\Z\

^hbklhjbbBa[jijhba\l,,,FE

FbgZ_\ BIBg^_ckdb_ kdZadbb e_]_g^ukh[jZggu_ \DZfZhg_ \]KI[



Fhjw :PZjb b[h]b ?]bilZF

Gbdbnhjh\ :BJ_pgZ dg$QGHUVRQ:.DLVHUDQG$EW+HOVLQNL

Ba\hl^gby jmkyab keh\_kghklb:G KKKJl;;;,

Gbdbnhjh\ :BIh[_^bl_ev af_yBa k_\_jghjmkkdbokdZahdKh\nhevdehj

1R

Gbdbnhjh\ :BKdZahqgu_ fZl_jbZeuAZhg_`vykh[jZggu_ \]h^mKdZahqgZy

Dhfbkkby \]H[ahj JZ[hlE

H\b^bcF_lZfhjnhauI_jK<R_j\bgkdh]hE

H\kygbdhDmebdh\kdbc >DD bklhjbbdmevlZ h]gy\ wihom\_^H^_kkZ

Hev^_g[mj] KNNZ[eh \Bhklhqgh]h ijhbkoh`^_gby@mjgFbgGZjIjh_\q

&&;/91Rhl^,,

Ihih\ :FZl_jbZeu ihrZfZgkl\mDmevl [h]bgb:bkul mydmlh\DmevlmjZ b

ibkvf_gghklv <hklhdZl,,,;Zdm

Ihl_[gy ::H fbnheh]bq_kdhfagZq_gbb g_dhlhjuoh[jy^h\ bih\_jbcQl_gby \

h[s\_ bklhjbbb ^j_\ghkl_cjhkkbckdbodg

Ijhii <Y<her_[gh_ ^_j_\hgZ fh]be_Kh\wlgh]jZnby1R

Ijhii <YJblmZevguc kf_o\ nhevdehj_Ih ih\h^mkdZadb hG_kf_yg_Mq_g

aZiE_gbg]jmglZ1Rk_jnbehegZmd\ui

Ijhii <YLjZgknhjfZpbb \her_[guokdZahdKh[jZgb_ ljm^h\IhwlbdZ nhevdehjZ

F

JZlg_jRl_jg[_j] K:Fma_cgu_ fZl_jbZeuih lebg]blkdhfmrZfZgkl\mK[F:W

l9,

Jukl_gdh :<E_]_g^Z h=_hj]bb b^jZdhg_H^_kkZ

KdZadb amem<klmiklZlvyi_jb ijbf_qBEKg_]bj_\ZFE

KdZadb be_]_g^u lZlZjDjufZAZil_dklZ DMMk_bgh\ZKbfn_jhihev

KdZadb gZjh^h\<hklhdZ0E

Khnhde>jZfuI_jkh \\_^b \klmihq_jdhf NA_ebgkdh]hl,,,0

Ki_jZgkdbc 0GJmkkdZy mklgZykeh\_kghklv0

Kljm\_ <<BrlZjvBkhev^Z \^j_\g_\hklhqghc fbnheh]bbLjbklZg bBkhev^ZK[

klZl_cE

LboZyP_j_l_eb 0=@_gkdbc h[jZaP]HnXQDFDY]jmabgkdbo kdZahdLjbklZg b

Bkhev^ZK[klZl_cE

Lheklhc BBK\yaZgguc bhk\h[h`^_gguc kbe_gIZfylb ZdZ^_fbdZGYFZjjZ

0E

Lheklhc BB<ha\jZs_gb_ fm`Z\ H^bkk__b jmkkdhckdZad_KNHev^_g[mj]mD

iylb^_kylbe_lbx gZmqh[s_kl\^_yl_evghklbE

Lheklhc BBG_m^Zqgh_ \jZq_\Zgb_:glbqgZy iZjZee_evd jmkkdhckdZad_Yaud b

ebl_jZlmjZl9,,,

Lheklhc BBK\yaZgguc bhk\h[h`^_gguc kbe_gIZfylb ZdZ^_fbdZGYFZjjZ

0E

Lheklhc BBKlZlvb hnhevdehj_0E

Ljhgkdbc B0:glbqguc fbnb kh\j_f_ggZykdZadZKNHev^_g[mj]mD

iylb^_kylbe_lbx gZmqh[s_kl\^_yl_evghklbE

LmjZ_\ ;:>j_\gbc <hklhdE

LmjZ_\ ;:?]bi_lkdZy ebl_jZlmjZ0

NjZgph\ XI>j_\g__]bi_lkdb_ kdZadbh \_joh\guo`j_pZoKh\nhevdehj

1R

Nj_c^_g[_j] H0IhwlbdZ kx`_lZb `ZgjZE

Nj_c^_g[_j] H0Kx`_l LjbklZgZb Bkhev^u\ fbnheh]_fZoW]_ckdh]h hlj_adZ

Kj_^ba_fghfhjvyLjbklZg bBkhev^ZK[klZl_cE

Njwa_j >AhehlZy \_l\v0

Njwa_j >AhehlZy \_l\vl,,Fl,0

Njwa_j >AhehlZy \_l\vl,,,0

Njwa_j >AhehlZy \_l\vBa^_E

Nxkl_ev ^_DmeZg`=jZ`^ZgkdZy h[sbgZ^j_\g_]h fbjZKI[

OZjmabg GGJmkkdb_ ehiZjb0

OZjmabg GGWlgh]jZnby\ui,9<_jh\ZgbyKI[

Om^ydh\ 0=Dmevl dhgy\ IjbdZfvbBa bklhjbb^hdZiblZebklbq_kdbo nhjfZpbcK[

klZl_c de_lbx gZmq^_yl_evghklb GYFZjjZ0E

Om^ydh\ B:<_johygkdbc k[hjgbdYdmlkdAZi<hklKb[hl^Jmk

]_h]jh[\Z ihwlgh]jl\ui

Q_jg_ph\ <G<h]mevkdb_ kdZadbK[nhevdehjZ gZjh^ZfZgkb \h]meh\E



Rdeh\kdbc <L_hjby ijhau0E

Rl_jg[_j] EYFZl_jbZeu ihbamq_gbx ]beypdh]hyaudZ bnhevdehjZlKI[



Rl_jg[_j] EYI_j\h[ulgZy j_eb]by\ k\_l_wlgh]jZnbbEGZmqbkke_^

ZkkhpbZpby BglZ gZjh^h\K_\_jZ PBDKKKJ bfI=Kfb^h\bqZFZl_jbZeu ih

wlgh]jl,9

W^^ZKdZg^bgZ\wihkI_jij_^bkeb dhfK K\bjb^_gdh0

Y\hjkdbc X:IZfylgbdb ]Zebpdhjmkkdhc gZjh^ghckeh\_kghklb\uiDb_\

1RAZiJmk]_h]jh[\Z ihhl^wlgh]jl;;;9,,\ui

KhdjZs_gby

:a:aZ^h\kdbc 0D<_jog_e_gkdb_ kdZadbBjdmlkd

:n:nZgZkv_\ :GGZjh^gu_ jmkkdb_kdZadblIh^]hll_dklZ

ij_^bkeb ijbf_q<YIjhiiZ0\ l_dkl_dgb]b \kdh[dZo mdZaZgug_

kljZgbpuZ ghf_jZkdZahd

;hevl_Iheb\dZ %ROWH-3ROLYND*$QPHINOLQJHQ]XGHQ.LQGHUXQG

+DXVPDUFKHQGHU%UXGHU*ULPP%G/HLS]LJ

=jbff *ULPP-XQG:.LQGHUXQG+DXVPDUFKHQ%G%HUOLQb^j

\ l_dkl_\ kdh[dZomdZaZgu ghf_jZkdZahd

@kl@b\Zy klZjbgZl;;,\ui,,,9

< A_e_gbg >D<_ebdhjmkkdb_ kdZadb<ylkdhc ]m[_jgbbI]]AZi

Jmk]_h]jh[\Z ihhl^wlgh]jl;/,,

AI A_e_gbg >D<_ebdhjmkkdb_ kdZadbI_jfkdhc ]m[_jgbbI]AZi

Jmk]_h]jh[\Z ihhl^wlgh]jl;/,

DKdZadb 00Dhj]m_\ZDgAZi\klmiklZlvy bdhff:GG_qZ_\Z

I_ljhaZ\h^kdKdZadb DZj_evkdh]h;_ehfhjvy

Dgb]Z f_jl\uo1DYLOOH('DV$HJ\SWLVFKH7RGWHQEXFKGHU;,,,ELV;;

'\QDVWLH%G%HUOLQ

HgaZ\I_kgb bkdZadb gZHg_`kdhf aZ\h^_I_ljhaZ\h^kdDZj_eGBB