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34

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kFIVZGJFbEeGaIFGVIRSGTEVQRSONRSEVGI`QLcMEVG]MEFGGYISFEGIOLhGjFGbEFPIVZLEPNEQEGJV^EaSVONRSEGILQIRSEGIOOENVGPETG TQLIVPWGPI G IOOEGjFZEVVLVNQQEGPEFNQQEVQRSIXLEVGNSTGIOOENVGgJFGEFX]^JV^GQLIVPEVhGjFGZIVVLEGPNEGUISOGPEFGKXEF VNRSLWGPNEGEFGIJXGPETGEaNQQEVGSILLEWGVJFGJTGQENVGEMEVGgJGbEFOcV^EFVG_PEFGVNRSL gJG^EXcSFPEVhGDNEGF]VPEGPIX]FGaIFEVGbNEOXcOLN^hG\NRSLGIOOENVGPNEG^F_`EGUISOGaIF

EQhGELgLONRSG^IMGEQGVJFGENVEVGFJVPhGkFIVZGJFbEeGMEQI GVcTONRSGZENVGEaNQQEV_PEFGIJRSGVNRSLQGSVONRSEQWGaIQGVIRSGTEVQRSONRSEVGE^FNXXEVGTNLGPNEQETG_FL ^OENRSgJQELgEVGacFEh

EVVGNF^EVPaIVVGENVGOEMEVQbEFOcV^EFVPEQGEPNZITEVLGEFXJVPEVGa_FPEVGaIFWGQ_ SILLEGJFbEeGQRSVEOOGPIX]FG^EQ_F^LWGPI GPNEQEGjFFJV^EVQRSIXLGEVLaEPEFGNSTGIOOENVgJFGEFX]^JV^GQLIVPG_PEFGPI GPEFGjVLPERZEFGJVPGIOOEGNLaNQQEFGMEQENLN^LGaJFPEVh

ENVEGEV^QLEVGEFLFIJLEVGaJ LEVGJTGPNEQEGILQIRSEhGXXEVGPIF]MEFGFEPEVGZ_VVLEEP_RSG ZENVEFWG PEVVG PIQG acFEG ^OENRSMEPEJLEVPG TNLG PETG _PG ^EaEQEVh UaERZTc N^EFGaIFGEQGX]FGPNEQEGfIVLEFGPISEFWGQNRSGPETGHEFFQRSEFGJVLEFgJ_FPVEV JVPG PIFIJXG gJG S_XXEVWG b_VG PEVG aJVPEFLJEVPEVG NLLEOVG ENVTIOG ELaIQ IMgJMEZ_TTEVhGDNEGMEQLEGEacSFGPIX]FGaIFGEQWGQNRSGPJFRSGILEVGNVGPEVGJ^EVPEQGNEQLQGMEQ_VPEFQGMEONEMLGgJGTIRSEVh

kFIVZGJFbEeGSNEOLGQNRSGIJXGPNEQEGENQEGENVEVGLIMGb_VGHEOXEFVWGPNEGNSTGNVGMONVPEF FEJEGEF^EMEVGaIFEVhGYEPEFGPNEQEFGX]SFEVPEVGfIVLEFG OEMLEGIJXGENVETGFILhGUJF ENVEVG ENLEG PF_SLEG PEFG _PWG gJFG IVPEFEVG PNEG H_XXVJV^G IJXG EFOcV^EFJV^G PEQVIL]FONRSEVG EMEVQhG jNVEG MEQQEFEG EX_O QRSIXLG Z_VVLEG QNRSG PEFGOOENVSEFFQRSEF VNRSLGb_FQLEOOEVWGPEVVGENVEGESFONRSEGjF^EMEVSENLWGPNEGIJQGaNFZONRSEFGE^ENQLEFJV^ EVLQLIVPEVGaIFGJVPGNVGERSLEFGFEJEGaJFgEOLEWGZIVVLEGkFIVZGJFbEeGVNRSLh

EgENRSVEVPG X]FG PEVG DNZLIL_FG aIFG PNEG ILQIRSEWG PI G EFG QNRSG QEOMQLG PIQG NEQLVIVVLEhGk]FGNSVGaIFGPNEQGENVGESFEVb_OOEFGNLEOWGPEFGIOOEVGVLEFLIVEVGIJ`EFPETGPEVEFX_FPEFONRSEVG fEQKEZLG JVPG ENVEG EaN^EGV^QLG ENVXO LEVhG \JFG aEVN^EVG fIVLEFV aIFGEQG]MEFSIJKLGEFOIJMLWGPEVGFNRSLN^EVG\ITEVGPEQGNEQLQGgJGMEVJLgEVhGEVVGQNEPNEQG LILEVWG PIVVG aIFG EQG QLELQG NTG V^EQNRSLG b_VG EFQ_VEVWG PNEG Q_G JVLEF_RSL aIFEVWGPI GENVEGDEVJVgNILN_VGIJQ^EQRSO_QQEVGaIFh

kFIVZG JFbEeQG EFF_FG JTXI LEG IJXG PNEQEG ENQEG PIQG IVgEG LIILEV^EMNOPEG PEF fIVLEFhG jFG QEOMQLG QI G aNEG ENVEG KNVVEG NVG ENVETG EaIOLN^EVG \ELgWG JVPG EFG g_^ OELgLONRSGIOOENVGPNEGkcPEVhGDEFGFLWGIVGPETGPIQGNEQLGMEQLEVQG^EQNRSEFLGFEQNPNEFLEWaIFG PIQG eG IJXG PETG HIJKLKOIVELEVG fIVLEFMJF^hG eG QLIVPG X]FG IOOEG IRSLG PEQQEVGJVPGPEQGLIFZEVhGDEFGE^FNXXGQLITTLEGIJQGENVEFGJFIOLEVGI^EWGSILLEGIMEF QENVEG JFQKF]V^ONRSEG EPEJLJV^G VNEG bEFO_FEVhG JFbEeG SILLEG EQG bEFQLIVPEVWG PJFRS QENVEGF_KI^IVPITIQRSNVEFNEG NSTGENVEVGLNEXEFEVGNVVGgJG^EMEVWGQ_GPI G EPEF fIVLEFGTNLGjSFXJFRSLGb_VGPETGeGQKFIRSG_PEFGb_VGPETGNEQLhGJ`EFONRSGMELFIRSLELW aIFG PIQG eG ENVEG aIXXEVQLIFFEVPEG kEQLJV^WG PNEG IJQG QRSaIFgETG IFT_FG gJ MEQLESEVG QRSNEVhG ILQcRSONRSG aIFEVG PNEG QNRSLMIFEVG IJEFVG IJRSG IJQG EQLENVh DNRSLG PIFJVLEFG EP_RSG g_^EVG QNRSG HeKEFQLISOacVPEWG EQLIXXEOLEG RSJLgQRSNFTEJVPG QKEgNEOOEG MaESFTERSIVNQTEVG FJVPG JTG PEVG FNEQN^EVG IOIQLhG DI G EQ

JVPG KE NEOOEG MaESFTERSIVN TEVG FJVPG JTG PEVG FNE N^EVG IOI LhG DI G EQ g Q Q Q Q PIVEMEVGENVEGNEOgISOGb_VGkOJRSLaE^EVG^EMEVGTJ LEWGPNEGVJFGPETGNEQLGQEOMQL MEZIVVLGaIFEVWGaJ LEGPEFG^IVgEGH_XQLIILhG_GPNEQEG^ESENTEVGE^EGME^IVVEV JVPGEVPELEVWGaIFGEP_RSGJVMEZIVVLhGkFIVZGJFbEeGMESEFFQRSLEGQENVEVG^EaIOLN^EV LIILGVNRSLGQRSOERSLEFGIOQGQENVEGJVTNLLEOMIFEGT^EMJV^h

iF^EVPa_G gaNQRSEVG PEVG S_SEVG UNVVEVWG PEVG MaESFQRSNFTEVG JVPG PEV EQRS]LgMILLEFNEVG OI^G PIQG HEFgG PEQG eQWG kFIVZG JFbEeQG _TTIVP_QLIVPh\_FTIOEFaENQEGSILLEVGSNEFGVJFGf_M_LEFGUJLFNLLhGJQVISTEVG^IMGEQGVJFWGaEVVGPEF DNZLIL_FGQNRSGKEFQVONRSGb_VGQENVEVGHIVPOIV^EFVGMEFNRSLEVGONE hGjQGbEFQLIVPGQNRS b_VG QEOMQLWG PI G Q_ORSEG EQJRSEFG b_FG PETG ELFELEVG PEQG _TTIVP_QLIVPQ ^F]VPONRSG PJFRSQJRSLG aJFPEVG JVPG ZENVEG IXXEVG _PEFG IVPEFEG ^EXcSFONRSE E^EVQLcVPEGJVPGLEVQNONEVGTNLX]SFEVGPJFXLEVhGJ`EFPETGaJFPEGEPEFGEQJRSEF QLcVPN^Gb_VGENVETGf_M_LEFGEQZ_FLNEFLWGPEFGNSVGZENVEGEZJVPEGIJQGPEVGJ^EVGONE h DIQGNEQLGSILLEGIVGIOOEQG^EPIRSLh

kFIVZG JFbEeG EFaIFLELEG IVG PNEQETG _F^EVG PNEG f]RZZESFG ENVEQG aNRSLN^EVk_FQRSJV^QQRSNXXQhG_VGQENVEVGP_FLGENV^EQRSOEJQLEVGQNEMEVGKEFQVONRSEVGKN_V[E_MIRSLEFVG SILLEVG gaENG PNEG ISFEOIV^EG NQQN_VG ]MEFOEMLhG DIQG aIFG ENVE PJFRSQRSVNLLONRSEG fILEhG DNEG MENPEVG SILLEVG NSTG QRS_VG b_FIMG NVG aEQEVLONRSEV FJVPg]^EVGb_VGPEVGEQRSESVNQQEVGMEFNRSLELWGPEVVGQNEGbEFX]^LEVG]MEFGENVEGPET_TTIVPIVLEVG KeFZ_G JFbEeG ENVETG VZEOG PEQG NEQLQG JVMEZIVVLE _TTJVNZILN_VQT^ONRSZENLGPNFEZLGgJTGehGjNVgEOSENLEVGSILLEVGPNEGKN_VEGVNRSL]MEFTNLLEOVGZVVEVWGPEVVGPIX]FGXESOLEVGNSVEVGPNEGaNQQEVQRSIXLONRSEVGEVVLVNQQEh kFIVZGJFbEeGZ_VVLEGIMEFGNTTEFSNVG^JLGb_FMEFENLELGPNEGM_FPVJV^GETKXIV^EVh

jFG QRST]RZLEG QNRSG TNLG ENVEFG KFJVZb_OOEVG VNX_FThG JXG ENVEG _KXMEPERZJV^ bEFgNRSLELEG EFWG PEVVG EFG QISG NVG QENVETG SEOO FIJEVG HIIFG ENVG eTM_OG PEFMEFOE^EVSENLhGEOMQL^EXcOON^GMELFIRSLELEGEFGQENVEGZFcXLN^EGkN^JFGJVPGPNEGSIFLEV EQNRSLQg]^EG NTG KNE^EOWG acSFEVPG QENVEG MENPEVG ENMF_M_LQG G JVPG G NTHNVLEF^FJVPGIJXGaENLEFEGEXESOEGNSFEQGHEFFEVGaIFLELEVh

DIQGNEQLGQLFNRSGQNRSG]MEFGPEVGMFENLEVGRSVJFFMIFLWGPEFGNVGQKNLgEVGjVPEVGIJQONEXh DIVVG ]MEFKF]XLEG EFG PNEG kJVZLN_VEVG PEFG NVNILJF^EFcLEWG PNEG bEFQLERZLG NVG QENVEFOENPJV^G JVLEF^EMFIRSLG aIFEVhG jQG aIFG IOOEQG NVG MEQLEFG FPVJV^hG DNEG LNEXEO PFSVLEVGIJXGPETGELIOOM_PEVWGacSFEVPGEFGENVEVGkJ Gb_FGPEVGIVPEFEVGQELgLEWGJT gJTG_TTIVP_QLIVPGgJG^EOIV^EVh

DNEGf_M_LEFWGEMEVXIOOQGgaENMENVN^GJVPGgaENIFTN^GaNEGNSFGHEFFWGX_O LEVGNVGaEVN^EVELEFVGMQLIVPhGiSFEVGEOEZLF_VNQRSEVGEVQ_FEVGEVL^NV^GZENVEGOENVN^ZENLh

kFIVZG JFbEeG OIRSLEG OENQEG NVG QNRSG SNVENVhG jNVG KIIFG KXEG a]FPEVG SEJLEG aNEPEF

kFIVZG JFbEeG OIRSLEG OEN EG NVG NRSG SNVENVhG NVG KIIFG KXEGa FPEVG SEJLEGaNEPEFQ Q j ] F_OOEVhG DIQG aJ LEG EFWG PEVVG PITNLG TJ LEG EFG KEFTIVEVLG QENVEG IRSLK_QNLN_V JVLEFTIJEFVhGjFGTIRSLEGQNRSGV_RSGZENVEGEPIVZEVGPIF]MEFWGaEFGPIQGQENVGa]FPEh UJFGFERSLEVGUENLGa]FPEGEFGENVEGjVLQRSENPJV^GXcOOEVh

OQGEFGPEVG_TTIVP_QLIVPGMELFILWGbEFPFcV^LEGEFGIOOEGEPIVZEVGIVGQENVEGMENPEVHIJKLKF_MOETEhGDNEGEFM_OEFWGQENVEGjFgXENVPEWGa]FPEGEFGV_RSGMEQNE^EVhGVPGPNENPEFQLIVPQ^FJKKEGNVGQENVETGEN^EVEVG_OZGa]FPEGEFGIJRSGV_RSGgEFQRSOI^EVhGjQ MFIJRSLEGEMEVGIOOEQGQENVEGUENLh

TGjVPEGa]FPEGEFGPEFGIOOENVN^EGHEFFQRSEFG]MEFGQENVEGIOINQGQENVh

45

EFGHIJKKLMNLOHPJGQRSTMUQHLONVGNLWHXURHYUOHIURHZLFSTLGH[\OHIFLHIOLFH]LR^STLO_ RFSTH JGH ILaH bUMNLGH cLNUMMdJILGH e H LOTLdLGH GIH ILaH ]FLRNH FGRH PLRFSTNH e^ dMFSbLGW

f\OHghNNOUSH iiiH^GIH]U^GUNUGHYUOHLRHIFLHLORNLHKLORVGMFSTLH]LQLQG^GQHaFNHILa UMMYFRRLGILGHjLOORSTLOWH iTGLGHYUOHIFLHkGRFSTLOTLFNHIL NMFSTHUGe^RLTLGWHgKhObJ l O`Lh_HILOHmJaaUGIUGNH^GIHEnKLIFNFJGRMLFNLO_HYFObNLHIUQLQLGHQLMURRLGWHgLFG ]LYUST^GQROJdJNHdLRNOU[NLHIFLRLHPLRNLHaFNHLFGLaHjFLdHRLFGLOHoL OJKLFNRSTL_ ^GIHRJ[JONHRLNeNLHILOHPLNOJ[[LGLHLFGLH^GNLOY\O[FQLHcFLGLHU [W

]U^GUNUGH OLQFRNOFLONLH IURH PLRSTLTLGH aFNH Z [OFLILGTLFN_H JTGLH RFSTH RLFGL PLIUGbLGH UGaLObLGH e H MURRLGWH ghNNOUSH iii_H ILOH ]FJMJQL_H YFObNLH IUQLQLGH [URN RN^aK[RFGGFQW

piSTHTUdLHFGeYFRSTLGH[URNHUMMLRH\dLOHIFLHX OST[\TO^GQHILOHEnKLIFNFJGHLO[UTOLGW* fOUGbH l O`LhH O+bLMNLH RFSTH dL,^LaH FGH RLFGLaH dOLFNLGH lTOJGRLRRLMWH cFNH IFLRLO EOV[[G^GQHILRHPLRKO+STRH-UQNLHLOHILGHIOLFH.UGNLOGHLFGLGHQLTVOFQLGHgSTOLSbLG LFG_HILGGHIFLRLHY^/NLGHGFSTNRH`JGHILGHQLTLFaLGHiG[JOaUGNLGHILRH]FLRNRWHpEFG KUUOHmMLFGFQbLFNLGH[LTMLGHGJSTWHXLRTUMdHTUdLHFSTHL^STHe HaFOHdL[JTMLGW*HpiSTHdFG RFSTLO_HaLFGHjLOO*_HdLQUGGHILOHmJaaUGIUGN_HpIU/HFSTH^GIHaLFGLH0dLOMLdLGILG GJSTH FLMLH FGNLOLRRUGNLH XFGQLH e H dLOFSTNLGH TUdLGWH 1^STH IFLH gKLFSTLOH ILO .LSTLGUGMUQLGHRFGIH OUGI`JMMHaFNH iG[JOaUNFJGH\dLOHIFLHPLRSTLTGFRRLH FGH^GRLOLO PUMUnFRWH2FOHTUdLGHaLTOLOLHgN\NeK^GbNLHILOHcLOdJMLOHU^R[FGIFQHQLaUSTNH^GIHWWW*

pgSTYLFQ3*H IJGGLONLH IURH ]FLRNWH pX H OLILRNH U^STH G O_H YLGGH I H QL[OUQNH YFORN_ gKhObJHl O`Lh3*

]U^GUNUGH^GIHghNNOUSH iiiHdMFSbNLGHRFSTHdLFHILOHEOY+TG^GQHILRHoUaLGRHb OeHUGW mLFGLOHILOHdLFILGHOUGNFRSTLGH2FRRLGRSTU[NMLOHbJGGNLHRLFGLH0dLOOURST^GQHQUGe `LOdLOQLGWHXLOHmJaaUGIUGNHYUOHUMRJHLFGH4LOYUGINLOHILRH]FLRNLR3HXURHbJGGNL G OH`JGHoUSTNLFMH[\OHIFLH2FRRLGRSTU[NMLOHRLFGW

]U^GUNUGHdF/HIFLHZ+TGLHU [LFGUGILOWHXLOHgSTYLF/HNOUNHFTaHU [HIFLHgNFOG_H^GIHLO Y\GRSTNLHRFSTHUGHIURH [LOGRNLHEGILHILOHPUMUnFRWH2FLHY\OILHIURH]FLRNHU [HIUR OLUQFLOLG_HYURHLOHe HdLOFSTNLGHTUNNL5HXFLHkGQLYF/TLFNHYUOHQOJ/W

pghNNOUSH iii3*H XURH ]FLRNH eLFQNLH aFNH U^RQLRNOLSbNLaH 1OaH U [H ILGH ]FJMJQLGW p]LRSTO+GbLHIFSTHU [HYLRLGNMFSTLH6^GbNLHFGHILFGLaH]LOFSTNW*

XFLH jUMN^GQH ILRH 1GQLRKOJSTLGLGH RNOU[[NLH RFST_H Y+TOLGIH RFSTH gKhObJH l O`Lh ILa\NFQHTFGbGFLNLH^GIHYUONLNLW

pERH FRNH aFOH QLM GQLG_H U [H LFGLaH 6MUGLNLGH mMLFGKUOURFNLGH e H [FGILG_H IFLH RFST QLGLNFRSTH LFG[USTH aUGFK MFLOLGH MURRLGWH cFNH ILaH dMJ/LGH 1^QLH RFGIH IFLH 7RUM8 7NTGJRH GFSTNH LObLGGdUOWH gFLH RNLMMLGH IUaFNH LFGLH YFOb^GQR`JMMLH 2U[[LH QLQLGH UMML fLFGILH IUOWH gFLH MURRLGH RFSTH UMMQLaLFGH KOJQOUaaFLOLGH JILOH RKLeFLMMH U [ dLRNFaaNLH9LdLYLRLGWHcLFGLH4LOR^STLHTUdLGHIFLRHUMMLRH`JMMHdLRN+NFQNW*

ghNNOUSHiiiHeJQHeYLFH6TFJMLGHU^RHRLFGLOHmJadFGUNFJGH^GIHTFLMNHRFLHFGHIFLHjVTLWHiG ILGHbMLFGLGHPMURdLT+MNLOGHYUOHG OHLFGLHQOU^dMU^LHcURRLHe HLObLGGLGWH7dLGHUG ILGH6TFJMLGHYUOHLFGHcFbOJQLO+NHUGQLdOUSTNW

iGNLOLRRFLONHRNUOONLHfOUGbHl O`LhHU [HIFLH]LT+MNLOW

pgFLHMURRLGHRFSTHU [H-LILRHdFJMJQFRSTLH9LdLYLRLGHLFGRNLMMLG5*H[OUQNLHLOHMU^LOGIW p2FLHQLRSTFLTNHIUR5HkGIHYLMSTLH2FOb^GQHTUdLGHIFLRLHWWWHIFLRLH7RUM87NTGJR5*

pXFLH 6OJQOUaaFLO^GQH QLRSTFLTNH I OSTH IFLRLH mMLFGQLO+NLWH 1MMLR_H YURH aUG dLGVNFQN_HFRNHILOHQLGLNFRSTLHmJILHILRH7K[LORWHgLMdRN`LORN+GIMFSTHTUdLHFSTHaLFGL ZLFNHQLG NeN_H^aHILGHmJILHILOHcLOdJMLOHe HLOaFNNLMGWHXFLH2FOb^GQHFRNHLFG[USTWHXFL 6UOURFNLGH eLORNVOLGH PLTFOGH JILOH jU NH JILOH FGGLOLH 7OQUGL_H -LH GUST 6OJQOUaaFLO^GQW*

piSTHY\GRSTLHLFGLHXLaJGRNOUNFJG*_HLObM+ONLHIURH]FLRNWHp2LGGHRFLHLO[JMQOLFSTHFRN_ RNLTNHILFGLOHEnFRNLGeHUMRHghNNOUSHi4HGFSTNRHFaH2LQW*

XLOH]FJMJQLHdMFSbNLHRFSTHTFM[MJRH^aWHpiSTHdOU^STLHLFGH7d-LbN*_HRUQNLHLOHMLFRLH^GI ^GRFSTLOW

poFaaHFTG3*HXURH]FLRNHeLFQNLHU [HgKhObJHl O`LhWHpXLGHQLGLNFRSTLGHmJILHLFGLR .UGNLORH YFORNH I H -UH bLGGLG_H ]FJMJQL3H XFLH 7RUM87NTGJRH RJMMLGH RLFGLH 1OaL LGN[LOGLGWHf\OHRLFGLHG+STRNLH1 [QUdLHYFOIHLOHRFLHGFSTNHdLGVNFQLGW*HpXURHbUGGRN I H GFSTNH aFNH aFOH aUSTLG3*H RSTOFLH gKhObJH l O`LhH U [WH piSTH YUOH IFOH FaaLOH LFG QLNOL^LOHXFLGLOW*

piSTHI MILHbLFGLHfOLSTTLFNLGW*HZJOGLROVNLH\dLOeJQHIURHPLRFSTNHILRHXFbNUNJORW poJSTHLFGH2JONH`JGHIFO_H^GIHFSTHMURRLHIFSTH`JGHILGH6UOURFNLGH`LONFMQLGW*

XFLH.JdJNRHRKOUGQLGHTFGe H^GIHKUSbNLGHILGH.UGNLOWH2FILORKO^STRMJRH MFL/HRFST gKhObJH l O`LhH U^RH ILaH .U^aH [\TOLGWH ghNNOUSH iii_H ILOH RFSTH RSTJGH UMRH ghNNOUSH i4

[\TMNL_H[JMQNLHFTaW

:

pkGIHG^GHe HIFO_H]U^GUNUGW*HXURH]FLRNHYFObNLHKMVNeMFSTHQUGeH-J FUMWHpcUGHTUNHaFO dLOFSTNLN_H IU/H I H YLRLGNMFSTLH fUbNLGH \dLOH IFLH 4LOQUGQLGTLFNH ILOH .UGNLOH FG EO[UTO^GQHQLdOUSTNHTURNW*

piSTHdLY^GILOLHILFGH2FRRLGW*H]U^GUNUGH`LOGLFQNLHRFSTHNFL[WHpiSTHbJaaLHaFOHe^ ^GRSTLFGdUOH`JO_H^aHIFSTHaFNHaLFGLGHEObLGGNGFRRLGHe HMUGQYLFMLGW*

piSTHTVOL_H]U^GUNUGW*

XLOH jFRNJOFbLOH [U/NLH RFSTH LFGH jLOeWH pkGRLOLH jLOb^G[NH YUOH dFRTLOH YLFNQLTLGI ^GdLbUGGNWHERHQLMUGQHaFO_HLNYURH9FSTNH FGHIFLH4LOQUGQLGTLFNHe HdOFGQLGWHXUHU [ .UGNLOd OQH I OSTH ILFGLGH YLFRLGH ]LRSTM /H bLFGLH 1 [eLFSTG^GQLGH \dLOH IFL [O\TLOLGHZLFNLGHI OSTQL[\TONHYLOILG_HYUOHaLFGLH1OdLFNH+^/LORNHRSTYFLOFQWHiSTH[UGI UdLOH gK OLG_H IFLH RFSTH e H LFGLOH M\SbLGMJRLGH mLNNLH ILOHPLRSTLTGFRRLH RSTMFL/LG MFL/LGW*

pfURRLHIFSTHb\OeLO3HiSTHMFLdLHbLFGH1dRSTYLF[^GQLGW*

poUN\OMFSTW*H 2FLILOH LOGLFQNLH RFSTH ]U^GUNUGWH pERH FRNH RJ_H IU/H GRLOLH PUMUnFR GFSTNH^GRLOLHjLFaUNHFRNWHXFLH.UGNLOHRNUaaLGH`JGHLFGLaHQOJ/LGH4JMbHUd_HIURHFG ILOHG+STRNLGHgNLOGLGFGRLMHdLTLFaUNLNHFRN_HIFLHaUGHIJONH1GIOJaLIUHGLGGNWHkGRLO kORKO^GQR`JMbH dLRNLTNH FGeYFRSTLGH U^RH LORSTFLILGLGH lLFM VMbLOGWH1dLOH IFLRLR kORKO^GQR`JMbH FRNH LdLG[UMMRH e^QLYUGILONWH ERH a^/NLH GUSTH LFGLaH QOJ/LGH mOFLQ_ ILGHLRHLFQLGNMFSTH`LOMJO_HRLFGLHjLFaUNH`LOMURRLGWHXJONHGUGGNLGHRFSTHIFLRLH2LRLG 9La OLO_H ^GIH IFLH PUMUnFRH TFL/H cFMSTRNOU/LWH ERH QFdNH FGH ILOH cFMSTRNOU/LH GJST oUSTbJaaLGH`JGHFTGLG_HRJHYFLHLRH^GRHFGHILOH.UGNLO8PUMUnFRHQFdNWHiaHkGNLORSTFLI e H^GRLOLGH4JO[UTOLGHRFGIHYFOH.UGNLOHTLMMT+ NFQLOW*

piRNHIURHUMMLR5*HXFLH1^QLGHILRH]FLRNRHdFMILNLGHRSTaUMLHgSTMFNeL_H^GIH]U^GUNUG [OUQNLHRFSTHLOGL N_HYFLHILOHjLOORSTLOHOLUQFLOLGHY\OILW

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