L3#,&*%.&#*%#9%$:-23#@"'"#."#1/@%'D-$-23##8$)&."'# A;"N!i([\[j!!a9!@.635.!63!H3-24G9! 71,1!51!A+73,I4-4G9!;-8.51,N!0.6+5.!`N! 0CD48.F!'N>N#
#
!4#><@80A2>263#=04?4W4#49#>80A252/#18#94#8>5<894b#>28;@08#N#5<431/`# !
• %,19-<.,@1! 51! <4-8154O184G9! 7.,! 51! .,4392184G9! .! 35! 1-3-.,1@4392.! T! -3! .8+71! 63! -+73,I4-1,!71,1!8.9.83,F!18.@71Q1,!T!751931,!+91!@3_.,!8.51=.,184G9N!! á!$38.9.83!W+3!51!3-8+351!3-!M9481!T!W+3!1243963!-+!X323,.U3934616N!! á!*392,1!-+!123984G9!39!51!@3_.,1!63!51!8154616!63!5.-!17,3964O1_3-!63!5.-!15+@9.-!T!63!51-! 7,L82481-!63!39-3Q19O1!63!5.-!@13-2,.-N!! á! >.,215383! 5.-! 7,.83-.-! 63! 71,24847184G9! T! 7,.@+3I3! 9+3I1-! <.,@1-! 63! .,U194O184G9! 63! 5.-!6.83923-!T!63!5.-!64,3824I.-N!! á! ",.@+3I3! 51! 8.,,3-7.9-1=454616! 39! 35! 8+@754@4392.! 63! 51! @4-4G9! 63! 51-! 3-8+351-! 63! 51! O.91!T!63!-+-!,3-+5216.-!36+8124I.-N!! ",.8+,1!W+3!51-!21,31-!T!,3W+3,4@4392.-!16@494-2,124I.-!-3!553I39!1!81=.!63!@193,1!@L-! 3<4843923F!8.9!51!<49154616!63!W+3!C-2.-!9.!.=-218+54839!51-!21,31-!63!.,639!7361UGU48.N!! á! ;9,4W+383! 51-! 7,.7+3-21-! 63! 75193184G9! W+3! X1839! 51-! 3-8+351-F! 15! 17,.I38X1,! 5.-! 7,.T382.-!T!7,.U,1@1-!3D4-23923-F!71,1!7,.@.I3,!51!499.I184G9!39!35!1+51N!! á!&7.T1!1!51-!3-8+351-!71,1!@3_.,1,!5.-!-3,I484.-!W+3!.<,3839F!T!=,4961!.!U3-24.91!5.-! 17.T.-!2C8948.-!71,1!W+3!15819839!51-!3D7382124I1-!63!@3_.,1!1816C@481!W+3!5.-! 6.83923-!T!64,3824I.-!-3!X19!7,.7+3-2.!5.U,1,N!
! &82+15@3923F!51!-+73,I4-4G9!3-8.51,!-3!398+392,1!<,3923!15!,32.!63!1-+@4,-3!39!51!8.-2+@=,3!T! 51! 3D4U39841! 63! -+! 499.I184G9N! 0+8X1-! I.83-! 51! -3Q1519! 8.@.! 51! 743O1! 851I3! 635! 81@=4.! 36+8124I.! T! -3! 1<4,@1! W+3! 215! 7,.7G-42.! -3! 7+363! 5.U,1,F! -4! 51! -+73,I4-4G9! -3! ,38.9.83! 8.@.! +91! 49-219841! 15! -3,I484.! 63! 51-! 9383-46163-! 63! 51! 3-8+351! T! 63! -+! 8.@+94616F! 9.! -G5.! 63! 51! 16@494-2,184G9!36+8124I1N! ~É !
?1! 3-8+351! T! 51! -+73,I4-4G9! 3-8.51,! 3<382M19! 7,.83-.-! -4-23@L248.-! 63! ,3<53D4G9F! 4923,81@=4.F! 3I15+184G9!T!75193184G9!71,1!@3_.,1,!-+-!1884.93-!T!,3-+5216.-h!39!355.!,3-+521!<+961@39215!51! 1-3-.,J1!7,.7.,84.9161!7.,!51!-+73,I4-4G9F!@4-@1!W+3!,3W+43,3!8.9.83,!1!8161!3-8+351!39!-+! -49U+51,4616! T! .,43921,F! 63! @193,1! 64<3,3984161F! -+! 2,19-<.,@184G9! .! @3_.,1N! R.! .=-21923! 5.! W+3! -3! ,3W+43,3! 73,<3884.91,! 39! 51! 3-8+351F! 51! -+73,I4-4G9! 21@=4C9! 3-! -+_32.! 63! ,3<53D4G9F! 4923,81@=4.F!3I15+184G9!T!75193184G9!71,1!U393,1,!4923,I3984.93-!73,2493923-!T!.7.,2+91-N!!
!
?1! 2,19-<.,@184G9! 39! 5.-! 8392,.-! 3-8.51,3-! 8.9-463,1! 4@7+5-1,! 9+3I.-! 3-245.-! 71,1! U.=3,91,!T!16@494-2,1,!51!3-8+351!63!@193,1!63@.8,L2481F!.2,1-!<.,@1-!63!3_3,83,!51!1+2.,4616! T!1824I1,!@38194-@.-!71,1!51!2.@1!63!6384-4.93-!63!@193,1!8.@71,2461!T!71,1!2,1=1_1,!39!5.-! 7,.83-.-!7361UGU48.-!63!@193,1!8.53U4161!T!8.51=.,124I1!8.9!51!8.@+94616N!!
!
;5!39<.W+3!W+3!.,43921!51!9+3I1!U3-24G9!63!51!-+73,I4-4G9!3-8.51,!=+-81!W+3!51-!7,L82481-!T! ,35184.93-! 63! 5.-! 182.,3-! W+3! 63-1,,.5519! <+984.93-! 63! -+73,I4-4G9! 2,19-4239! 63! <.,@1-! =+,.8,L2481-! T! 16@494-2,124I1-! 1! 7,L82481-! T! ,35184.93-! @L-! 63@.8,L2481-h! 63! 18+3,6.! 8.9! 01,U1,421!y.,,4551!T!H+4553,@.!%1741F!-3!3_3@754<481!648X1!2,19-484G9/!!
!
\N '35! 8.92,.5! T! I3,4<48184G9! 635! 8+@754@4392.! 63! 51! 9.,@1! 53U15! .! 16@494-2,124I1! 7.,! -J! @4-@1!15!17.T.!63!5.-!7,.83-.-!3-8.51,3-!T!6.83923-F!1!2,1IC-!63!51!1-4-239841!2C89481F! 35!@.942.,3.!T!51!3I15+184G9!63!6.83923-!T!63!51!U3-24G9!3-8.51,!3!49-242+84.915N!! (N '35!1-3U+,1@4392.!63!51!7,3-2184G9!635!-3,I484.!36+8124I.F!7,4I453U4196.!51!3<48439841!39! 35!+-.!63!5.-!,38+,-.-F!39!+9!X.,4O.923!X.@.UC93.F!15!17.T.!63!5.-!7,.83-.-!3-8.51,3-! 71,1! 1-3U+,1,! 51! 3<481841! T! 35! 5.U,.! 36+8124I.F! 39! +9! X.,4O.923! W+3! ,38.9.83! 51! 64I3,-4616!T!-49U+51,4616!63!51-!3-8+351-N!! )N '35! 2,1=1_.! 4964I46+15! 635! -+73,I4-.,! W+3! 7,4I453U41! 51! <+984G9! 63! 395183! 392,3! 51-! 9383-46163-! 63! 51! 16@494-2,184G9! 36+8124I1! T! 35! W+3X183,! 63! 51-! 3-8+351-F! 15! 2,1=1_.! 8.53824I.F!39!3W+47.!8.9!-+-!71,3-!T!8.9!5.-!64,382.,3-F!7,4I453U4196.!51!123984G9!1!51-! 9383-46163-! 63! 51! 3-8+351F! 63! 5.-! @13-2,.-F! 63! 5.-! 15+@9.-! 3! 4964,3821@3923! 63! 5.-! 716,3-!63!<1@4541!T!63!51!8.@+94616N!! :N '3!<.,@1-!63!2,1=1_.!,+2491,41-F!=+,.8,L2481-!T!-+=!7,.<3-4.9154O161-!W+3!-3!17.T19!39! 51! ,35184G9! _3,L,W+481! 8.9! 51-! 3-8+351-F! =1-161! 39! 7.-484G9! 63! 1+2.,4616F! 1! <.,@1-! 8.53U4161-!63!64L5.U.!T!18.@71Q1@4392.!1!51-!3-8+351-F!8,3124I1-!T!7,.<3-4.9154O161-h! -49!,35184.93-!_3,L,W+481-!2,16484.9153-F!-49.!=1-161-!39!35!5463,1OU.N!!
;5!19L54-4-!63!5.-!353@392.-!-3Q1516.-!73,@423!463924<481,!51-!81,1823,J-2481-!63!51!9+3I1!U3-24G9! 63! 51! -+73,I4-4G9F! 51-! 8+153-! ,3<43,39! U393,1,! .,U194O184.93-! 63! 17,3964O1_3! 6.963! 51-! ,35184.93-! T! 7,L82481-! 63! 5.-! 182.,3-! 36+8124I.-! -3! 6491@4O19! 39! <+984G9! 63! 51! 4985+-4G9! T! 51! 71,24847184G9!1824I1F!63!51!,3<53D4G9F!635!64L5.U.!49<.,@16.F!63!51-!,35184.93-!X.,4O.92153-F!635! 2,1=1_.! 8.51=.,124I.F! 635! 5463,1OU.! 8.@71,246.! T! 63! 51! 71,24847184G9! -.8415! ,3-7.9-1=53h! 2.6.F! 39@1,816.!39!5.-!7,498474.-!63!8.,,3-7.9-1=454616!39!51!2.@1!63!6384-4.93-F!2,19-71,39841!T! ,396484G9!63!8+3921-N# !