Tapatío 14 de mayo de 2017

Page 1

'6/%"%03&4 +FT·T ~MWBSF[ EFM $BTUJMMP 7 +PSHF ~MWBSF[ EFM $BTUJMMP ;

&%*503 %*3&$503 $BSMPT ~MWBSF[ EFM $BTUJMMP (

"º0 $ /Á.&30

#

4&$$* /

ENCUENTRA CADA DOMINGO

/63*" %*04%"%0 )"#-" 40#3& -" */$-64*»/ &/ 6/ %&1035& $0.0 &- /"%0 4*/$30/*;"%0 %0/%& -04 )0.#3&4 5".#*²/ 5*&/&/ $"#*%" 1ÈHJOB USFT

En las páginas de

ESTA SECCIÓN

?Q=@ANJK @A HA?PQN=

&- */'03."%03 t % 3&04

-Õ«iÀÛ Ã À\Ê >À Ê >ÃÌ Ê >À °V>ÃÌ J v À >` À°V ° Ý -Õ«iÀÛ Ã À\ >À Ê >ÃÌ Ê >À °V>ÃÌ J v À >` À°V ° Ý

(6"%"-"+"3" +"- %0.*/(0 %& .":0 %&

6O KVS TJDP *-6453"$*»/ t " .0/55

"MCFSUP .POUU

&M JMVTUSBEPS QSFTFOUB Â-BVSB Z %JOPÃ MJCSP EPOEF VOB QFRVF¨B Z VO EJOPTBVSJP DPOWFSTBO TPCSF MB USJWJBMJEBE EFM NVOEP DPO EFKPT EF TBCJEVS¤B Z IVNPS OFHSP 1PS (FSBSEP &TQBS[B MCFSUP .POUU OP FT "MCFSUP .POUU DVBOEP TF USBUB EF TV MJCSP i-BV SB Z %JOPw "M CFSUP .POUU JMVTUSBEPS EJTF ÁBEPS DIJMFOP Z DSFBEPS EF i%P TJT EJBSJBTw TF DPOWJFSUF FO VO EJOPTBVSJP B WFDFT JMVTUSBEP PUSBT UBOUBT SJKPTP Z TFOUJNFOUBM RVF DIBSMB Z SFGMFYJPOB DPO TV IJKB -BVSB UBNCJ¹O USBTMB EBEB BM QBQFM 1FSP FO UJFNQPT EF SFEFT TPDJBMFT FT UBN CJ¹O VO FKFNQMBS FO FM RVF MB UFSOVSB UJFOF VOB WFUB JOBHPUBCMF Z EPOEF MBT WJÁFUBT FODVFO USBO VO DBNQP G¹SUJM EF SFUVJUT P QVCMJDBDJPOFT DPNQBSUJEBT &M MJCSP FEJUBEP CBKP FM TFMMP 3F TFSWPJS %PHT UBNCJ¹O QVEJFSB TFS VO USBUBEP EF MB QBUFSOJEBE BUFNQPSBM TJ "MCFSUP .POUU OP TF BTVNJFSB DPNP VO QBESF EF TV UJFNQP Z RVF DPO IVNPS OFHSP SFUSBUB TV E½B B E½B DPO -BVSB VOB QFRVFÁB RVF MF EFTDVCSF FM NVO EP BM KVS²TJDP QBQ² &O FOUSFWJTUB "MCFSUP RVF BEFN²T TF BVUPSSFUSBUB QBSB FTUB FEJDJÂO EFTFOUSBÁB FM PGJDJP EF TFS QBESF DPOWFSUJEP FO VO EJOPTBVSJP TBCJP F JSSFWFSFOUF {$VµM GVF MB QSJNFSB JMVTUSBDJÎO RVF IJDJTUF EF -BVSB Z DVµOUPT BÍPT UFOÅB FMMB UV IJKB FO FTF NPNFOUP 'VF BQFOBT OBDJÂ GVF VO EJCVKP RVF OP FSB EF FMMB TJOP N½P DPO VO CFC¹ FO FM RVF BOVODJBCB FO NJ CMPH RVF NF JCB B UPNBS VO UJFNQP QPSRVF RVFS½B EFEJDBSNF DJFO QPS DJFOUP B FMMB {$VµM FT FM QSPDFTP EF DSFBDJÎO RVF

"

BUSBWJFTB VOB JMVTUSBDJÎO EFTEF RVF TVSHF VOB GSBTF P JEFB P VOB BDDJÎO EF -BVSB IBT UB RVF MB UFSNJOBT &M QSPDFTP FT CBTUBOUF TFODJMMP FMMB EJDF BMHP RVF B N½ NF QBSFDF JOUFSFTBOUF NVDIBT WFDFT MF DPOUFTUP BMHP P OP MF DPO UFTUP OBEB QFSP QJFOTP BMHP Z MVFHP FT TJN QMFNFOUF EJCVKBSMP OP IBZ NBZPS QSPDFTP BM SFTQFDUP USBUP N²T CJFO EF RVF TFB BMHP NVZ OBUVSBM {$ÎNP TVSHJÎ MB JEFB EF DPOWFSUJSUF FO VO EJOPTBVSJP -BVSB UFO½B VO EJOPTBVSJP EF KVHVFUF RVF FSB FM RVF MMFWBCB QBSB UPEBT QBSUFT Z FSB DPO FM RVF EPSN½B FOUPODFT NJ QSJNFS QMBO GVF EJCVKBS B -BVSB FO SFMBDJÂO B FTUF EJOP TBVSJP QFSP BM DBCP EF VO QBS EF WJÁFUBT FM EJ OPTBVSJP UFO½B RVF SFTQPOEFS Z FM RVF SFT QPOE½B PCWJBNFOUF OP FSB FM EJOPTBVSJP TJOP ZP FOUPODFT EFDJE½ IBDFSMP N²T QBUFO UF N²T FYQM½DJUP NF DPOWFSU½ ZP FO FM EJOP TBVSJP RVF WJTUP EFTEF FM QVOUP EF WJTUB EFM QTJDPBO²MJTJT UFOHB RVF WFS DPO RVF FT NJ QBS UF N²T KVS²TJDB {2VÀ UBOUP ÀTUF FT NµT CJFO VO MJCSP EF -BVSB JMVTUSBEP QPS "MCFSUP .POUU &T VO MJCSP EF BNCPT QPSRVF OP FYJT UJS½B TJO MBT PDVSSFODJBT EF FMMB QFSP UBNQPDP FYJTUJS½B TJO MBT SFGMFYJPOFT RVF IBHP BM SFT QFDUP P WJDFWFSTB &OUPODFT TJFOUP RVF FT VOB DPBVUPS½B TPCSF MB DVBM FMMB OP SFDJCF OJOHÈO DFOUBWP {-BVSB TF SFDPOPDF FO MBT WJÍFUBT 4F SFDPOPDF Z FT DPNP DVBOEP WF GPUPT BOUJHVBT EF FMMB TBCF RVF WJWJÂ FTF NPNFOUP QFSP QSPCBCMFNFOUF TV NFNPSJB OP MF QFSNJ UF SFDPSEBSMP QVOUVBMNFOUF "IPSB MP RVF T½ QBTB FT RVF TF TJFOUF NVZ GFMJ[ DPO FM SPMMP EF WFSTF SFUSBUBEB FO JMVTUSBDJPOFT N²T EF VOB

WF[ MB IF FODPOUSBEP FOTFÁBOEP FM MJCSP B TVT BNJHBT P DPNFOU²OEPMP DPO BMHVJFO FOUPO DFT DMBSBNFOUF FT VO FTQBDJP B MB FYQMPSBDJÂO EF TV FHP {7FT GFDIB EF DBEVDJEBE B FTUF UJQP EF IJTUPSJBT /P TF UJFOF DBEVDJEBE QPS MP NFOPT ZP UFOHP NVDIBT IJTUPSJBT EF -BVSB HVBSEBEBT QBSB TFHVJS USBCBKBOEP IBZ RVF WFS TJ EFT QV¹T -BVSB TF DPOWJFSUF FO VO QFSTPOBKF EF GJDDJÂO RVF FT VOB EF MBT QPTJCJMJEBEFT Z OP NF QBSFDF OBEB NBMP QPS MP NFOPT FM QSJNFS Z FM TFHVOEP MJCSP WBO B TFS BCTPMVUBNFOUF SFBMFT {2VÀ UBOUP IBT DBNCJBEP DPNP QBESF EFTQVÀT EF QMBTNBS MBT IJTUPSJB EF i-BVSB Z %JOPw /P T¹ TJ IF DBNCJBEP DPNP QBESF MP RVF T½ FT RVF NF IF QVFTUP N²T BUFOUP B MP RVF QBTB FO MP DPUJEJBOP QSPCBCMFNFOUF FM FKFS DJDJP EF EJCVKBSMB Z EF EJCVKBSOPT IB IFDIP RVF NJ E½B B E½B TFB N²T DPOTDJFOUF Z N²T QSF TFOUF FO NJ SFMBDJÂO DPO FMMB 4PO IJTUPSJBT QFSTPOBMFT RVF TF DPO WJFSUFO FO VOJWFSTBMFT {2VÀ UF EJDFO UVT BNJHPT P GBOT RVF UBNCJÀO TPO QBQµT TPCSF JEFOUJGJDBSTF DPO i-BVSB Z %JOPw &T FYUSBÁP MP RVF QBTB DPO MB JEFOUJ GJDBDJÂO DPO MBT WJÁFUBT QPSRVF FT BMHP RVF ZP OP CVTRV¹ Z RVF TJO FNCBSHP TF EJP Z TV DFEF RVF B WFDFT VOP DSFF RVF FT NVZ PSJHJ OBM P RVF TV IJKP FT NVZ FTQFDJBM Z UF EBT DVFOUB RVF UPEPT TPNPT QBSUF EF VO DPOHMP NFSBEP RVF GVODJPOBNPT DPO MPT NJTNPT FTRVFNBT Z MBT NJTNBT SFBDDJPOFT -BT SFBDDJPOFT BMDBO[BO VO FDP Z VOB EJNFOTJÂO RVF ZP OP FTQFSBCB Z FTP NF QPOF NVZ GF MJ[ TJFOUP RVF IBZ VOB DPNVOJÂO DPO FM SFT UP EFM NVOEP B USBW¹T EF MBT IJTUPSJBT QBESF

IJKP QBESF IJKB UPEPT UFOFNPT BMHP MBUFOUF Z TF HBUJMMB DPO MBT JN²HFOFT -BVSB WJWF FO VO NVOEP RVF %JOP EFTDPOPDF {RVÀ UBOUP BQSFOEFT EF -BVSB FO VOB TPDJFEBE DBEB WF[ NµT DPOWVMTB Z DBN CJBOUF .F QBTB RVF DVBOEP WFP FM NVOEP B USBW¹T EF MPT PKPT EF -BVSB NF SFGSFTDB MB NJ SBEB TJO EVEB QFSP OP QVFEP EFTQFHBSNF EF NJ MBEP D½OJDP FOUPODFT FT VOB SFOPWBEB NJ SBEB D½OJDB TPCSF FM NVOEP {5F IB EFTNFOUJEP -BVSB FO BMHVOB EF MBT IJTUPSJBT )BZ VO QBS EF IJTUPSJBT RVF FMMB EJDF RVF TPO JOWFOUPT QFSP FT N²T QPS WFSHÊFO[B RVF QPSRVF FMMB DSFB RVF NF MPT JOWFOU¹ {2VÀ UBO DPNQMJDBEP FT USBTMBEBS FM EJTDVSTP EF VOB QFRVFÍB JOEFQFOEJFOUF B MB JMVTUSBDJÎO TJO QFDBS EF QBQµ QSPUFDUPS &M USBTQBTBS FM EJTDVSTP EF VOB QF RVFÁB B MBT WJÁFUBT TF NF IB IFDIP CBTUBO UF G²DJM QPSRVF TPO DBTJ MJUFSBMFT FOUPODFT NVDIP EF MB USBOTHSFTJÂO P EF MB MJCFSUBE Z EF MB SVQUVSB EF FTUFSFPUJQPT OP TÂMP QBS UFO EFTEF FM EJTDVSTP EF -BVSB P EF NJ NJ SBEB TJOP UBNCJ¹O EFTEF MB MFDUVSB EF RVJFO MBT SFDJCF MBT WJÁFUBT FOUPODFT IBZ VO KVF HP EF JS MMFOBOEP FTQBDJPT FO CMBODP OP QF DP EF QBQ² QSPUFDUPS QPSRVF TJNQMFNFOUF USBEV[DP 'JOBMNFOUF {QPS RVÀ OP BQBSFDF VOB NBNµ EJOPTBVSJB FO MBT IJTUPSJBT -B EJOPTBVSJB OP BQBSFDF QPSRVF FTUF FT VO FTQBDJP EF -BVSB Z N½P Z IBZ NVDIPT N²T QFSTPOBKFT FO MB WJEB EF -BVSB RVF TPO UBOUP N²T JNQPSUBOUFT RVF ZP QFSP DPNP FT VO FKFSDJDJP EF FHP BCTPMVUP N½P FM SFTUP RVF EB GVFSB


1~(*/" #

&- */'03."%03 &- */'03."%03

%PNJOHP EF NBZP EF

2VJFO BNB MBT QJUBZBT `"." " -04 .63$*ย -"(04 &- */'03."%03 t & #"33&3"

ร /*$" -B QJUBZB RVF FODPOUSBNPT FO +BMJTDP FT MB i4UFOPDFSFVT RVFSFUBSPFOTJTw RVF TF EB QSJODJQBMNFOUF FO FM CBKร P NFYJDBOP &- */'03."%03

&/ "65-ยซ/ 6O FTUVEJP SFWFMร RVF MBT QJUBZBT Nร T HSBOEFT Z Nร T EVMDFT TF EBO FO FTUF NVOJDJQJP

w$ยชNP MMFHB MB QJUBZB B (VBEBMBKBSB )F BRVยค MBT SFTQVFTUBT B FTUF USBEJDJPOBM QSPEVDUP EF UFNQPSBEB 1PS 1JMBS *CBSSB Z &EVBSEP 4BOUBOB $

&

TUB IJTUPSJB JOJDJB IBDF NยฒT EF DVBUSP NJMMPOFT EF Bร PT DVBOEP TVSHFO FO .ยน YJDP MPT DBDUVT BOUFQBTBEPT EFM BDUVBM QJUBZP %VSBOUF NJMFT EF Bร PT DP FWP MVDJPOBO FTUBT QMBOUBT DPO NVDIBT FT QFDJFT EF BOJNBMFT FO BNCJFOUFT ยฒSJEPT %F MPT DBD UVT QJUBZPT EFM HยนOFSP 4UFOPDFSFVT TF DPOPDFO FTQFDJFT RVF IBCJUBO FO .ยนYJDP MPT &TUBEPT 6OJ EPT "NยนSJDB $FOUSBM MBT "OUJMMBT Z 7FOF[VFMB EF MBT DVBMFT TPO ร OJDBT EF .ยนYJDP /VFTUSB QJUBZB EF +BMJTDP FT 4UFOPDFSFVT RVFSFUBSPFOTJT Z WJWF TP MP FO (VBOBKVBUP +BMJTDP .JDIPBDยฒO /BZBSJU 2VF SยนUBSP Z ;BDBUFDBT &O +BMJTDP TF FODVFOUSBO FO NVDIPT NVOJDJ QJPT EPOEF TF DPNFSDJBMJ[B MB QSPEVDDJร O TJMWFTUSF QFSP MBT QSJODJQBMFT IVFSUBT DPNFSDJBMFT TF FODVFO USBO FO TFJT NVOJDJQJPT 5FDIBMVUB "NBDVFDB "VUMยฒO 5FDPMPUMยฒO 7JMMB (VFSSFSP Z 4BO 4FCBTUJยฒO EFM 0FTUF 1FSP OP UPEBT TPO JHVBMFT 6O FTUVEJP DJFOUยฝGJDP RVF DPNQBSร QJUBZBT EF WBSJBT MPDBMJEB EFT EF +BMJTDP Z ;BDBUFDBT FODPOUSร RVF MBT NยฒT EVM DFT Z NยฒT HSBOEFT FSBO MBT EF "VUMยฒO &M QJUBZP FT BQSFDJBEP QPS NVDIP NยฒT RVF TPMP TVT GSVUPT UBN CJยนO TF IB VUJMJ[BEP QBSB FMBCPSBS GยฒSNBDPT HPNBT KBCร O DPMPSBOUFT Z IBTUB HSBTBT EF TVT TFNJMMBT Z TF VTB QBSB GPSSBKF DFSDBT WJWBT MFร B Z PSOBUP

$BEB BCSJM NBZP Z KVOJP FO MB UFNQPSBEB EF FTUJBKF DVBOEP TF TFDBO NVDIPT PKPT EF BHVB Z BSSP ZPT UFNQPSBMFT FM iยฒSCPMw EF QJUBZB QSPEVDF GSVUPT RVF FO FTFODJB TPO CPMTJUBT EF BHVB DPO B[ร DBS ZB RVF TV QVMQB DPOTJTUF EF BHVB ` .VDIBT FT QFDJFT EF BWFT DPNP MPT DPMJCSยฝFT MBT QBMPNBT MPT DBSQJOUFSPT Z MBT DBMBOESJBT BTยฝ DPNP FTQFDJFT EF NBNยฝGFSPT JODMVZยนOEPOPT B OPTPUSPT FM )PNP TB QJFOT BTยฝ DPNP MPT UMBDVBDIFT UMBDVBDIJOFT DBDP NJYUMFT UFKPOFT BSEJMMBT DPOFKPT [PSSPT Z DPZPUFT VUJMJ[BNPT MBT QJUBZBT QBSB PCUFOFS BHVB FO UJFN QP EF FTDBTF[ {1FSP RVF HBOB MB QJUBZB PGSFDJFOEP BHVB BM TF EJFOUP Z DPNJEB BM IBNCSJFOUP 1VFT TVT GSVUPT DPOUJFOFO NยฒT EF NJM TFNJMMBT Z VOB WF[ RVF MPT BOJ NBMFT MB DPNFO QBTBO MBT TFNJMMBT QPS TV USBDUP EJ HFTUJWP TJO EBร BSMBT BM NFOPT FM EF MBT TFNJ MMBT JOHFSJEBT QPS MPT DPZPUFT Z NVSDJยนMBHPT GSVHยฝWPSPT TPCSFWJWFO "M EFGFDBSMBT MBT EJTQFSTBO QPS FM QBJTBKF CSJOEBOEP NFKPSFT PQPSUVOJEBEFT QBSB RVF TVT FTUBT HFSNJOFO TPCSFWJWBO Z DSF[DBO B TFS BEVMUPT RVF QSPEVDJSยฒO EFMJDJPTBT QJUBZBT &TF FT FM iQBHPw RVF SFDJCF FM QJUBZP QPS FM BHVB Z MPT BMJNFOUPT RVF OPT PGSFDF B MPT BOJNBMFT RVF MB DPO TVNJNPT "EFNยฒT EFM QJUBZP FTUB FTUSBUFHJB EF QSPEVDJS GSVUPT DPO BHVB FO UJFNQPT EF TFDBT QBSB JOEVDJS MB EJTQFSTJร O TVT TFNJMMBT UBNCJยนO MB VUJMJ [BO MB [BS[BNPSB FM DJSVFMP DSJPMMP Z MB UVOB EFM OP QBM FOUSF PUSBT FTQFDJFT EF QMBOUBT -B QJUBZB FWPMVDJPOร BEFNยฒT EF TV TBCSPTP TBCPS PUSBT DPTBT GBOUยฒTUJDBT SFEVKP TVT IPKBT IBT UB DPOWFSUJSMBT FO FTQJOBT RVF MF BZVEBO B QFSEFS NFOPT BHVB Z B EFGFOEFSTF EF BOJNBMFT RVF TF DP NFO MPT UFKJEPT EF MB QMBOUB Z MPHSร QBTBS MB GPUP TยฝOUFTJT EF TVT IPKBT B TVT UBMMPT RVF BERVJSJFSPO VO DPMPS WFSEF QPS MB DMPSPGJMB -BT FTQJOBT QSPCBCMFNFOUF BZVEBSPO B MB QJ UBZB B QSPUFHFSTF EF MPT HSBOEFT BOJNBMFT NFHB

"-ร " ", -ร ร

ร / *"

ร ย >ย `ย ร ย ย รข?ย iรขร ร Vย ร ย &T NVZ EJGยฝDJM IBCMBS EFM GJO EFM QPQVMJTNP EFTEF VOB QPTUVSB QPQV MJTUB FT UBOUP DPNP EFOVODJBS B MB iNBGJB EFM QPEFSw EFTEF MB NJT NB NBGJB EFM QPEFS -B UFNยฒUJDB WPMWJร B MPT NFEJPT BIPSB RVF NF EJP NVOEP FTUBCB QFOEJFOUF EF MB FMFDDJร O QSFTJEFODJBM FO 'SBODJB MB FMFDDJร O GJOBM EF .BDSPO IJ[P EFDMBSBS B BMHVOPT RVF FM QPQVMJTNP BMMยฒ IBCยฝB TJEP EFSSPUBEP 1FSP OP FO &TUBEPT 6OJEPT OJ FO 7FOF[VF MB OJ EFTEF MVFHP FO .ยนYJDP "MHVOPT EJSยฒO RVF IBZ EF QPQVMJTNP B QPQVMJTNP Z FT DJFSUP Tร MP RVF FO OVFTUSP QBยฝT DBTJ UPEPT MPT QBSUJEPT MF BQVFTUBO Z MF IBO BQPTUBEP TJFNQSF BM QPQVMJTNP &TUB BGJSNBDJร O OPT MMFWB B QSFHVO UBSOPT Z FOUPODFT {2Vยน FT FM QPQVMJTNP .ยฒT RVF VOB JEFPMPHยฝB FM QPQVMJTNP FT VO UJQP EF NFSDBEPUFDOJB QPMยฝUJDB RVF CBTB TV USJVOGP FO FM BQFMP B MBT NBZPSยฝBT NJTNBT RVF TJHVFO DPOTUJUVJEBT QPS MBT QFSTPOBT DPO NFOPT QPTJCJMJEBEFT FO UPEPT MPT DBNQPT EF MB TPDJF EBE &O &VSPQB TPO MPT EFTFNQMFBEPT FO &TUBEPT 6OJEPT MBT NJOP SยฝBT SBDJBMFT Z MPT EFTQMB[BEPT FO .ยนYJDP NยฒT EF MB NJUBE EF MB QP CMBDJร O 1FSP JHVBMNFOUF FM EJTDVSTP QPQVMJTUB CVTDB TJFNQSF VO

&- */'03."%03 t & #"33&3"

13*/$*1"-&4 )6&35"4 5FDIBMVUB "NBDVFDB "VUMร O 5FDPMPUMร O 7JMMB (VFSSFSP Z 4BO 4FCBTUJร O EFM 0FTUF

GBVOB DPNP MPT NBTUPEPOUFT NBNVUT QFSF[PTPT Z BSNBEJMMPT HJHBOUFT RVF WJWยฝBO FO +BMJTDP DVBOEP MPT QSJNFSPT TFSFT IVNBOPT MMFHBNPT `7JTJUFO FM .VTFP EF 1BMFPOUPMPHยฝB FO FM 1BSRVF "HVB "[VM QB SB DPOPDFSMPT &TPT BOJNBMPUFT ZB OP FYJTUFO TF DSFF RVF MPT FYUJOHVJNPT QPS DB[BSMPT EFNBTJBEP TFHVSBNFOUF DPNยฝBO Z EJTQFSTBCBO MBT TFNJMMBT EF MBT QJUBZBT BTยฝ DPNP MPT GSVUPT EF PUSPT ยฒSCPMFT DP NP MB 1BSPUB $VBOEP MMFHBSPO MPT QSJNFSPT TFSFT IVNBOPT BM $FOUSP EF .ยนYJDP IBDF VOPT NJM Bร PT JOEV EBCMFNFOUF DPOUSJCVZFSPO B EJTQFSTBS MBT TFNJMMBT EF MB QJUBZB Z EF MB UVOB RVF FMMPT OVODB BOUFT IB CยฝBO WJTUP OP IBCยฝBO OJ UVOBT OJ QJUBZBT GVFSB EF "NยนSJDB IBTUB RVF MPT FVSPQFPT JOJDJBSPO MB HMPCB MJ[BDJร O DPNFSDJBM EF BMJNFOUPT -B QJUBZB JOEVEBCMFNFOUF FSB JNQPSUBOUF QB SB NVDIPT QVFCMPT JOEยฝHFOBT QSFIJTQยฒOJDPT 6O HSVQP EF JOWFTUJHBEPSFT EFM *OTUJUVUP .BOBOUMยฒO EF MB 6EF( EFNPTUSร RVF MBT iIVFSUBT TJMWFTUSFTw EF QJUBZBT FO FM NVOJDJQJP EF 5FDPMPUMยฒO FTUยฒO BTPDJB EBT B MPT SFTUPT EF BOUJHVPT BTFOUBNJFOUPT QSFIJT QยฒOJDPT QPS MP RVF TF BTVNF RVF FTBT QPCMBDJPOFT TPO SFMJDUPT EF MBT RVF GVFSPO QMBOUBEBT BOUFT EF MB MMFHBEB EF MPT FTQBร PMFT

6OB DBSSFSB DPOUSB FM SFMPK 1FSP MB SFQSPEVDDJร O EFM QJUBZP OP TPMP EFQFO EF EF MPT BOJNBMFT QBSB EJTQFSTBS TVT TFNJMMBT *HVBM P NยฒT JNQPSUBOUF TPO BRVFMMPT BOJNBMFT RVF WVFMBO B RVJFOFT MB QJUIBZB MF PGSFDF FO TVT GMPSFT OยนDUBS SJDP FO BHVB Z FO B[ร DBSFT -PT NVSDJยนMBHPT NBHVFZFSPT -FQUPOZDUFSJT ZFSCBCVFOBF FM NVS DJยนMBHP TJSJDPUFSP Z FM NVSDJยนMBHP USPNQVEP TF BMJ NFOUBO EFM OยนDUBS 1BSB FTUP IBO FWPMVDJPOBEP IP DJDPT MBSHPT QBSB QFOFUSBS MB GMPS Z MFOHVBT MBSHBT DPO FTUSVDUVSBT DPO QBQJMBT QBSB MJCBS FM OยนDUBS -B QJUBZB FWPMVDJPOร GMPSFT CMBODBT Z SPCVT

UBT RVF SFTJTUFO MPT FNCBUFT EF TVT QPMJOJ[BEP SFT Z UBNCJยนO VO PMPS BSPNยฒUJDP GVFSUF QBSB BUSBFS B MPT NVSDJยนMBHPT FO MB OPDIF &TUB QPMJOJ [BDJร O FT GVOEBNFOUBM QPSRVF VOB GMPS EF QJUBZP OP QVFEF QSPEVDJS TFNJMMBT GยนSUJMFT TJ OP SFDJCF QPMFO EF PUSP QJUBZP &T EFDJS OP TF QVFEF BVUP GF DVOEJ[BS .JFOUSBT MPT NVSDJยนMBHPT TF BMJNFOUBO MB GMPS EFM QJUBZP UJFOF VOB FTUSVDUVSB RVF IBDF RVF MPT HSBOPT EF QPMFO FO MPT FTUBNCSFT MF DBJ HBO FO MB DBCF[B BM NVSDJยนMBHP $VBOEP FTUF WVF MB B PUSB GMPS FO PUSB QMBOUB MPT FTUJHNBT SFDJCFO FM QPMFO RVF USBF FM NVSDJยนMBHP Z FNQJF[B MB GF DVOEBDJร O DSV[BEB RVF OFDFTJUB FM QJUBZP QBSB QSPEVDJS GSVUP %VSBOUF MB OPDIF TF EB VOB DBSSFSB DPOUSB SF MPK FO MB DVBM MBT GMPSFT EF QJUBZPT USBUBO EF BUSBFS BM NBZPS Oร NFSP EF NVSDJยนMBHPT QPTJCMF QBSB RVF TF BMJNFOUFO Z EJTQFSTFO TV QPMFO Z MPT NVSDJยนMB HPT USBUBO EF FODPOUSBS FM NBZPS Oร NFSP EF GMPSFT QPTJCMFT QBSB DPOTVNJS TV OยนDUBS -PT QJUBZPT QSP EVDFO NBZPS DBOUJEBE EF OยนDUBS Z EF NFKPS DBMJEBE EVSBOUF MB OPDIF QSJODJQBMNFOUF EF MBT QN B MBT BN RVF FT DVBOEP TF IBO PCTFSWBEP NยฒT WJTJUBT EF NVSDJยนMBHPT 0USP HSVQP EF JOWFTUJHBEPSFT EFM *OTUJUVUP .BOBOUMยฒO EF MB 6EF( EPDVNFOUร RVF MB QPMJOJ[BDJร O EF MPT NVSDJยนMBHPT FT SFTQPOTBCMF EF MB QSPEVDDJร O EFM EF MPT GSVUPT TFNJMMBT EF QJ UBZPT `$BTJ OVFWF EF DBEB QJUBZBT TF EJFSPO HSB DJBT B MB JOUFSWFODJร O EF FTUPT BOJNBMFKPT 4JO NVSDJยนMBHPT OP UFOESยฝBNPT UBOUBT QJUBZBT BTยฝ RVFy RVJFO BNB DPNFS QJUBZBT JOEVEBCMFNFO UF UBNCJยนO BNB B MPT NVSDJยนMBHPT &EVBSEP 4BOUBOB $ Z 1JMBS *CBSSB .VTFP EF $JFODJBT "NCJFOUBMFT $$6 Z %FQBSUBNFOUP EF &DPMPHยฝB Z 3FDVSTPT /BUVSBMFT *.&$#*0 $6$463 6OJWFSTJEBE EF (VBEBKBKBSB FTBOUBOBDBT!HNBJM DPN

ยท ย ร vย ย ร `iย ร ยซย ยซร ย ย ร ย ย ยถ FOFNJHP B WFODFS QBSB MPT FVSPQFPT TPO MPT NJHSBOUFT QBSB FM QSF TJEFOUF 5SVNQ MPT NFYJDBOPT QBSB MPT MยฝEFSFT TPDJBMJTUBT FM DBQJUB MJTNP OFPMJCFSBM QBSB MPT NVTVMNBOFT MBT QPUFODJBT PDDJEFOUBMFT QBSB $PSFB EFM /PSUF $PSFB EFM 4VS Z TVT TVTUFOUBEPSFT Z BTยฝ SFHJร O QPS SFHJร O 1FSP OP FT Tร MP FM BQFMP B MPT HSVQPT NFOPT GBWPSFDJEPT QBSB JMV TJPOBSMPT DPO FM DBNCJP P FM TFร BMBNJFOUP EF MPT FOFNJHPT B WFODFS TJOP TPCSF UPEP FM BSUF EF PGSFDFSMFT VO GVUVSP JONJOFOUF EF QSPHSF TP Z QSPTQFSJEBE DPO MB NBHJB EF MB QBMBCSB WPDJGFSBOUF EF MB EFOVO DJB EF MB NJNยนUJDB Z MB HFTUJDVMBDJร O ESBNยฒUJDB FO FTDFOBSJPT DPNP FM OVFTUSP UBO FSPTJPOBEPT BDVEJS BM SFDVSTP EF MBT QSPNFTBT OPUB SJBEBT RVF BM GJOBM EF OBEB TJSWFO FT Tร MP VO OVFWP SFDVSTP iQPQVMJT UBw QBSB DPOWFODFS B VO Qร CMJDP DSร OJDBNFOUF EFDFQDJPOBEP &TUB SFBMJEBE IB MMFWBEP FM EJTDVSTP QPQVMJTUB NFYJDBOP B OVFWPT IPSJ[PO UFT BIPSB MB QSPNFTB EF RVF UPEP DBNCJBSยฒ JODMVZF MB DBDFSยฝB EF MPT NBOEBUBSJPT CBOEJEPT OP OFDFTBSJBNFOUF MB SFDVQFSBDJร O EF MP RVF TF SPCBSPO

&O QBยฝTFT DPNP FM OVFTUSP IBZ BEFNยฒT VO QPQVMJTNP RVF IB TB CJEP EJWFSTJGJDBS TV NFOTBKF TFHร O FM TFDUPS BM RVF TF EJSJHF QVFT OP FT MP NJTNP QSPNFUFS B MPT IPNCSFT EFM DBNQP RVF B MPT IBCJUBOUFT EF MBT [POBT NBSHJOBMFT VSCBOBT B MBT NBTBT PCSFSBT RVF B MBT NB TBT KVWFOJMFT B MBT DMBTFT NFEJBT P MBT NFOPT NFEJBT )BZ JODMVTP VO NFOTBKF QPQVMJTUB QBSB MPT IPNCSFT EF FNQSFTB Z QBSB MPT JOUFMFD UVBMFT QVFT B MB IPSB EFM DBSFDFS EFM QFEJS Z EFM FTQFSBS UPEP NVO EP FT iQVFCMPw QVFCMP RVF QVFEF GBWPSFDFS DPO TV WPUP BM EFUFOUPS EFM NFOTBKF NยฒT DPOWJODFOUF &VSPQB TJO FNCBSHP TJHVF TJFOEP PUSB DPTB {2VJยนO HBOร FO 'SBODJB {-B 6OJร O &VSPQFB {ย OHFMB .FSLFM {&M DBQJUBMJTNP OFP MJCFSBM B DVZBT JOTUJUVDJPOFT .BDSPO WFOยฝB TJSWJFOEP DPO NVDIP ยนYJ UP ZB EFTEF BOUFT EF TV JODVSTJร O FO MB QPMยฝUJDB {Z RVJยนO P RVJFOFT QFSEJFSPO {-B (SBO #SFUBร B {3VTJB {&TUBEPT 6OJEPT {-PT GSBO DFTFT EFM TVS MPT EF .BSTFMMB IBSUPT EF MB QSPCMFNยฒUJDB JONJHSBOUF BSNBOEP HPO!VOJWB NY


%PNJOHP EF NBZP EF

1~(*/" #

&- */'03."%03

&/53&7*45"

/63*" %*04%"%0 /"%"%03" "1

/VSJB %JPTEBEP TJSFOB EF MB JODMVTJ¯O &/ 1"1*30-"4 &MMB GPSNBSÈ QBSUF EFM FWFOUP EFM BM EF NBZP FO &YQP (VBEBMBKBSB

1PS %JFHP "MFKBOESP 3FPT

4

VT PS½HFOFT EBUBO EF GJOBMFT EFM TJ HMP 9*9 Z GVF FO MB QSJNFSB PDBTJÂO FO RVF GJHVSBSPO EFOUSP EFM QSPHSBNB EF +VFHPT 0M½NQJ DPT TJO FNCBSHP FM OBEP TJODSP OJ[BEP UVWP RVF FTQFSBS IBTUB QBSB EFKBS EF TFS VO EFQPSUF FYDMVTJWP QBSB NVKFSFT " EPT BÁPT EFM EFCVU EF MPT IPNCSFT FO FTUB EJTDJQMJOB FM QBOPSBNB BÈO FT DPNQMJDBEP QBSB MPT WBSPOFT RVF EFDJEFO JODVSTJPOBS FO FM NVOEP EF MB UBNCJ¹O MMBNBEB iEBO[B BDV²UJDBw *ODMVTP FO QB½ TFT DPNP .¹YJDP FM SFHJTUSP EF DPNQFUJEPSFT WBSP OJMFT B OJWFM OBDJPOBM QVFEF MMFWBSTF DPO MPT EFEPT EF VOB NBOP "OUF FTUB TJUVBDJÂO MB KBMJTDJFOTF /VSJB %JPT EBEP DBQJUBOB EFM FRVJQP NFYJDBOP EF OBEP TJO DSPOJ[BEP IBCMÂ BM SFTQFDUP Z OP PDVMUÂ RVF T½ MF UP NÂ QPS TPSQSFTB MB JODMVTJÂO EFM TFYP NBTDVMJOP FO TV EJTDJQMJOB TJO FNCBSHP IPZ BQMBVEF Z SFDPOPDF MP RVF FTUPT DPNQFUJEPSFT IBO BQPSUBEP B VOP EF MPT EFQPSUFT N²T FTU¹UJDPT Z BSU½TUJDPT EFM NVOEP {$ÎNP UPNBTUF MB JODMVTJÎO EF MPT IPNCSFT FO VO EFQPSUF BDPTUVNCSBEP B TFS FYDMVTJWP QBSB NVKFSFT "M QSJODJQJP T½ UF TPSQSFOEF VO QPDP QBSB TFS TJODFSB OP T¹ TJ NF EJTHVTUBCB QFSP OP NF FSB OPS NBM WFSMPT TFOU½B FYUSBÁP WFSMPT IBDJFOEP FM NJT NP EFQPSUF RVF ZP QFSP WJ MB DBQBDJEBE RVF UFO½BO Z NF QBSFDJÂ NBSBWJMMPTB MB GPSNB FO RVF FMMPT QVF EFO OBEBS FT PUSP HJSP RVF MF EBO BM OBEP TJODSPOJ [BEP 4VT NPWJNJFOUPT OP TPO JHVBMFT B MPT OVFT USPT TBDBO TV NBTDVMJOJEBE EFOUSP EF MP GFNFOJOP RVF FT FM OBEP TJODSPOJ[BEP -PT DPNQBSBNPT DPO VO CBJMBS½O EF CBMMFU UJFOF VOB HSBDJB EJTUJOUB B MB EF VOB CBJMBSJOB Z TJO FNCBSHP TF WF NBSBWJMMPTP -P WJWJNPT FO FM NVOEJBM EF FO ,B[²O DVBOEP SFDJ¹O TF JODMVZÂ QPDP B QPDP WBNPT WJFO

6 - $ ÊÊ 9Ê - $

>À ÃÊ ÀÌjÃÊ6?âµÕiâ -B EFNPDSBDJB FT FM QMBOUFBNJFOUP QBSB BMDBO[BS MB FRVJEBE FO DMJNB EF VOJEBE DPO FM GJO EF USB[BS Z EFGJOJS DBNJOPT BM EFTBSSPMMP TVTUFOUBEP B TV WF[ DPOEVDJEP DPO IPOFTUJEBE Z DBQBDJEBE 2VFEBO FYQVFTUPT BT½ QSJODJQJPT Z WBMPSFT BVORVF TV QS²D UJDB FYQPOHB EFGJDJFODJBT MB JOTFHVSJEBE TPCSFTB MF B QBSUJS EF QMBOUFBNJFOUPT QPS QBSUF EF BDUPSFT FO FM BNCJFOUF QPM½UJDP EPOEF TÂMP BOVODJBO QSP QÂTJUPT TJO EFSJWBS TJTUFNBT EF TPMVDJÂO GBDUJCMFT " DBNCJP MB GBMUB VOJEBE FYQBOEF DBSFODJB EF IPOFTUJEBE DPNP FMFNFOUP FYQPTJUPS EF WBMPSFT USBOTHSFEJEPT RVF TF EFOVODJBO DSFBOEP EFTPSJFO UBDJÂO FO MB EFDJTJÂO DPOTJTUFOUF QBSB FM FNQMFP EFM WPUP DPOEVDUPS BM PUPSHBNJFOUP EF VOJEBE DPO BV UPSJEBE Z FM DVNQMJNJFOUP EF QSPQÂTJUPT MFH½UJNPT $VNQMJS Z IBDFS DVNQMJS MP FYQVFTUP FO MB $POTUJUVDJÂO FT FM FOVODJBEP DPO QFOB RVF TV JO DVNQMJNJFOUP TFB EFNBOEBEP &TUP IB RVFEBEP FO FM SFQFSUPSJP EF MB QSPNFTB TPTMBZBEB QPS DBTPT EF DPNQMJDJEBE DPO QPTUFSJPS DPSSVQDJÂO DBSFOUF EF FTUSJDUP BQFHP BM TVTUFOUP EFNPDS²UJDP DVZB FYQP TJDJÂO TF FWJEFODJB B USBW¹T EF MPT NFEJPT EF DPNV OJDBDJÂO NBTJWPT Z EF MBT SFEFT TPDJBMFT QSPDVSB EBT QPS NBZPS½B FO MB KVWFOUVE -B DFSDBO½B EF FMFDDJPOFT FO FOUJEBEFT &TUB EP EF .¹YJDP 7FSBDSV[ $PBIVJMB Z /BZBSJU EFKB S²O SFTQVFTUBT B NFOPT EF VO NFT Z PGSFDFS²O WFS UJFOUFT EF WPMVOUBE DJVEBEBOB QFSP UBNCJ¹O FM HSBEP EF NBOJPCSBT DPOEVDUPSBT B MB JOGMVFODJB EF JOUFSFTFT Z EF DV²OUP QVFEB BMMFHBS FM QSPDFTP FMFD UPSBM N²T JNQPSUBOUF EFM QB½T FO FM BÁP WFOJEFSP -BT NBOJPCSBT DPO BUBRVFT EFGFOTBT Z BVO SFTQVFTUBT BMVEFO B MBT GBMMBT IVNBOBT JNQVMTB EBT QPS GBWPSJUJTNPT JOUFSFTBEPT B MPHSBS QPTUFSJP SFT CFOFGJDJPT EFOUSP EF MB DPNQMFKB CVSPDSBDJB JO GFTUBEB EF DPNQMJDJEBE BKFOB BM TFSWJDJP CFOFGJDJP Z EFTBSSPMMP TPDJBM DPNP MBT RVF TF DPOUFNQMBO DPO OFGBTUBT DPOTFDVFODJBT FO EJWFSTBT SFHJPOFT FO "N¹SJDB -BUJOB VOB WJHFOUF FT 7FOF[VFMB -B BDUVBMJEBE FTU² QMBHBEB EF JODFSUJEVNCSF Z DPNQMFKJEBE DPO MB UFDOPMPH½B RVF OPT BDFSDB JN

EP OVFWPT UBMFOUPT NBTDVMJOPT RVF TPSQSFOEFOUF NFOUF MMFHBSPO Z OPT FOUFSBNPT RVF UFO½BO NV DIPT BÁPT QSBDUJDBOEP FTUF EFQPSUF EVSBSPO NV DIP UJFNQP MVDIBOEP QBSB QPEFS FOUSBS {5F IB UPDBEP FTDVDIBS DSÅUJDBT GVFSUFT P SB EJDBMFT B FTUB JODMVTJÎO -B WFSEBE FT RVF OP Z TJ MBT UJFOFO OP NF MBT IBO FYQSFTBEP 4JFNQSF IBZ TPSQSFTB QFSP OVODB IF FTDVDIBEP VO SFQSPDIF N²T GVFSUF &O MB TFMFD DJÂO NFYJDBOB FO FM FRVJQP EF USBCBKP FOUSF DPN QFUJEPSBT Z KVFDFT OBEJF IBDF VO DPNFOUBSJP NBMP $SFP RVF MPT DPNFOUBSJPT N²T GVFSUFT TPO EF MPT NJTNPT IPNCSFT RVF TF TPSQSFOEFO BM WFS B PUSP IBDJFOEP FTUP OPTPUSPT MP WFNPT DPNP BMHP BSU½T UJDP "MHP OVFWP Z EJGFSFOUF QFSP RVF OP EFKB EF TFS CPOJUP {4F UBSEÎ FM OBEP TJODSPOJ[BEP QBSB JODMVJS B MPT IPNCSFT /P DSFP RVF TF IBZB UBSEBEP QSPCBCMFNFO UF QVEP BQBSFDFS BOUFT QPSRVF ZB IBC½B OBEBEPSFT RVF MP IBD½BO QFSP IBZ NVZ QPDPT UPEBW½B /P IBZ VOB HSBO DBOUJEBE EF OBEBEPSFT QFMFBOEP QPS MB JO DMVTJÂO GVFSPO BMHVOPT FTUSBU¹HJDPT QFSP BIPSB FO DBEB DPNQFUFODJB TBMF VOB OVFWB QBSFKB NJYUB EF PUSP QB½T RVF TF TVNB )BZ NVDIPT CBJMBSJOFT RVF TF FTU²O DPOWJSUJFOEP BM OBEP TJODSPOJ[BEP {2VÀ CFOFGJDJPT USBF FTUB JODMVTJÎO )F MPHSBEP WFS SVUJOBT NVZ EJGFSFOUFT )F WJTUP BMHVOBT QBSFKBT RVF QVFEFO JOUFSQSFUBS B MB QFSGFDDJÂO FM MBEP IPNCSF Z FM MBEP NVKFS FO VOB EBO[B -PT IPNCSFT MPHSBO IBDFS NPWJNJFOUPT NVZ GVFSUFT Z B MB WF[ FMFHBOUFT RVF B OPTPUSPT OP TF OPT WFO BT½ OPTPUSPT UFOFNPT PUSB NBOFSB EF SFBMJ[BS FTUF EFQPSUF &MMPT FTU²O IBDJFOEP EFM OB EP TJODSPOJ[BEP PUSP FTUJMP MBT DPNQFUFODJBT TF WVFMWFO N²T WBSJBEBT N²T JOUFSFTBOUFT -BT DPN QFUFODJBT EF OBEP NJYUP WFOEFO NVDIPT CPMFUPT B MB HFOUF MF MMBNB MB BUFODJÂO *ODMVTP OPTPUSBT OP

Ûi ÀÊÞÊ V Ûi ViÀ QPUFODJB EF WFS Z FMFHJS MP N²T DPOWFOJFOUF DBVTB EB QPS BDDJEFOUFT Z DJSDVOTUBODJBT RVF QPTQPOFO DBVTBT Z SB[POFT RVF TVQPOHBO DBNJOPT EF KVTUJ DJB IVNBOJTNP Z IPOSBEF[ .VDIB HFOUF WJWF BHP CJBEB QPS FM UFNPS FDIBOEP NBOP EFM EFTPSEFO Z IBTUB MB EFMJODVFODJB DPO BHSFTJÂO B MBT JOTUJUVDJP OFT DSFBEBT QBSB TBMWBHVBSEBS MB USBORVJMJEBE &M TPCSFTBMUP FT DPOUJOVP Z TJFNCSB EVEB DSFB JODSF EVMJEBE Z GPSKB EFTDPOGJBO[B FO MB QPCMBDJÂO &M BSSPKP DPO FM RVF BMHVOPT QPM½UJDPT CVTDBO ²WJEBNFOUF FM USJVOGP FMFDUPSBM SFEVDF MB QSVEFO DJB BUSBZFOEP P MBO[BOEP PGFOTBT Z NPTUSBOEP JO EJTDJQMJOB RVF BMCFSHVF DPOGJBO[B " DBNCJP BUSBF MB JORVJFUVE Z PCFEJFODJB FO UVSCBT EF TVNJTBT DB SFOUFT EF DPOWJDDJÂO SFTQFDUP BM WBMPS EF MB TFHVSJ EBE QMFOB TÂMP TVKFUB QPS FM UFNPS USBOTGPSNBCMF FO JSB EF DPOTFDVFODJBT HSBWFT 'BMUB TFSFOJEBE FO MPT M½EFSFT Z MB DPOKVSB BGMP SBO FO PDBTJPOFT BMJNFOUBEB QPS FYUSBOKFSP NBOJ QVMBEPS DBVTBOUF EFM EFTBTPTJFHP RVF PCTUSVZF QMBOFT TBMVEBCMFT Z GPSNB DPOKVSBT QSFDVSTPSBT EF UJSBO½B Z NJTFSJB -P BOUFSJPS FT CSFWF BQVOUF EF DVBOUP FOUSBÁB FM WBMPS EF MB EJTUJODJÂO DVJEBEPTB EFM WPUP Z USBTDFOEFODJB %JPT OPT HVBSEF EF MB EJTDPSEJB TJDQN!JOGPSNBEPS DPN NY

OPT RVFSFNPT QFSEFS FTBT DPNQFUFODJBT QBSB WFS RV¹ IBDFO EF OVFWP MPT IPNCSFT RVF DPNQJUFO {&O .ÀYJDP IBZ BMHÞO OBEBEPS RVF FTUÀ CVTDBOEP JODVSTJPOBS FO FTUF NVOEP 4¹ RVF IBZ EPT IBZ VO OJÁP EF P BÁPT Z IBZ VO NVDIBDIP EF RVF UBNCJ¹O MP FTU² CVT DBOEP /P MPT DPOP[DP QFSP EF P½EP IF TBCJEP RVF FO BMHVOPT DMVCFT IBZ DJFSUPT OBEBEPSFT RVF IBO RVFSJEP FOUSFOBS 2VF DPNQJUBO B OJWFM OBDJPOBM TÂMP IBZ EPT %FOUSP EF MB 0MJNQJBEB /BDJPOBM OP T¹ TJ BÈO FTU¹ QFSNJUJEP QFSP FO MPT OBDJPOBMFT T½ TF QVFEF {5Þ BCPHBSÅBT QPSRVF FO .ÀYJDP MPT OJÍPT DPNJFODFO B UFOFS DBCJEB FO FTUF EFQPSUF $MBSP MP JNQPSUBOUF FT BQSPWFDIBS FTUB PQPS UVOJEBE 1S²DUJDBNFOUF FT VO SVCSP OVFWP EFOUSP EFM EFQPSUF "T½ DPNP B OJWFM NVOEJBM BQFOBT TF FT U²O DPNFO[BOEP B QSFQBSBS OJÁPT .¹YJDP OP EFCF RVFEBSTF BUS²T &T MB PQPSUVOJEBE EF OPTPUSPT QBSB

JNQVMTBS FTUP B GJOBM EF DVFOUBT FT VOB PQPSUVOJ EBE NVZ HSBOEF "IPSJUB FTUBNPT B MB QBS EFM SFTUP EF MPT QB½TFT TJ OPT UBSEBNPT VO SBUP N²T OPT SF[B HBSFNPT -PT DMVCFT UBNCJ¹O UJFOFO RVF QSPNPWFS MP &O DBTP EF VOB EJGJDVMUBE DMBSP RVF BCPHBS½B 'VF FO MPT $BNQFPOBUPT .VOEJBMFT EF /BUB DJÂO EF ,B[²O DVBOEP MPT IPNCSFT EFCVUBSPO FO DPNQFUFODJBT JOUFSOBDJPOBMFT EF OBEP TJODSPOJ [BEP &O BRVFMMB KVTUB #JMM .BZ SFQSFTFOUBOUF EF &TUBEPT 6OJEPT Z DPSFÂHSBGP EFM $JSRVF %V 4PMFJM CSJMMÂ DPO MV[ QSPQJB BM QSPDMBNBSTF DPNP FM QSJNFS DBNQFÂO NVOEJBM EF MB IJTUPSJB FO MB QSVFCB EF EVFUPT NJYUPT &O BRVFMMB PDBTJÂO .BZ TVCJÂ B MP N²T BMUP EFM QPEJP KVOUP B TV DPNQBÁFSB $ISJTUJOB +POFT TJO FNCBSHP MP N²T JNQPSUBOUFT EF BRVFM E½B OP GVF TV QSFTFB EPSBEB EF DBNQFÂO NVOEJBM TJOP VO MPHSP JOUBOHJCMF BM NPTUSBS TV DBMJEBE B MPT PKPT EFM NVO EP BCSJÂ VOB CSFDIB QBSB MPT IPNCSFT RVF DPNP ¹M FODVFOUSBO QBTJÂO FO VO EFQPSUF RVF PSJHJOBM NFOUF OP GVF JEFBEP QBSB FMMPT


1~(*/" #

&- */'03."%03 &- */'03."%03

8* ", "Ê Ê 1 " Õ iÀ Ê i > >ÀÞ

`iÊ ?ÃÊ iÊ`Õi > &T GSFDVFOUF FTDVDIBS B DJFSUPT QBESFT DBTUJHBEPSFT EFDJS RVF VO WFSEBEFSP DPSSFDUPS EFCF EF DBVTBS EPMPS 4PCSF UPEP FO EÂOEF N²T EVFMF "T½ RVF TJ BM OJÁP MF EVFMF NVDIP RVF MF RVJUFO TV KVHVFUF QSFGF SJEP QVFT IBZ RVF BSSFCBU²STFMP IBTUB RVF FOUJFOEB RVF EFCF EF PCF EFDFS 4J B MB IJKB BEPMFTDFOUF MP RVF N²T MF EVFMF FT OP JS B MB QSÂYJ

NB GJFTUB EF BÁPT EF TV QSJNB QVFT IBZ RVF FKFDVUBS TJO QJFEBE MB PSEFO QBSB RVF FOUJFOEB RVF OP EFCF EF SFQSPCBS OJOHVOB NBUF SJB 4J BM IJKP JSSFTQPOTBCMF MP RVF N²T MF EVFMF FT RVJUBSMF TV DFMV MBS QVFT IBZ RVF EFDPNJTBSMP IBTUB RVF FOUJFOEB RVF EFCF EF DVN QMJS DPO TVT DPNQSPNJTPT -P RVF JNQPSUB FT BUJOBSMF FYBDUBNFOUF EPOEF N²T MBTUJNB 4J UBO TÂMP SFGMFYJPOBNPT VO QPDP MP RVF JNQMJDB DVNQMJS TFNF KBOUF TFOUFODJB FT WFSEBEFSBNFOUF MBNFOUBCMF RVF TFBO MPT QSPQJPT QBESFT EF GBNJMJB MPT RVF VTFO TV JOUFMJHFODJB QBSB CVTDBS FO EÂOEF MF EVFMF NPSBM TPDJBM P FNPDJPOBMNFOUF N²T BM IJK! DPO UBM EF BQMJ DBS VO DBTUJHP FKFNQMBS .VDIBT WFDFT MB BQMJDBDJÂO EF VO DBTUJHP UBO USFNFOEP EFTEF MVFHP RVF T½ WB B DBVTBS FM QSPQÂTJUP EFTFBEP 1FSP FM DPTUP RVF TF QB HB QBSB MPHSBSMP FT EFNBTJBEP BMUP 1SJNFSP QPSRVF FT VO BCVTP EFM QPEFS EF MPT QBESFT FM DSFFS RVF UJFOFO FM EFSFDIP EF MBTUJNBS Z EBÁBS BM IJKP EF VOB NBOFSB

Ê /1, -ÊÊ 6 , -

%PNJOHP EF NBZP EF UBO JOUFODJPOBEB : TFHVOEP QPSRVF VOB NFEJEB EF FTUB OBUVSB MF[B OP DPOUFNQMB MBT DPOTFDVFODJBT RVF FTUP HFOFSB FO MB TBMVE NFOUBM EFM IJKP 5BO TÂMP IBZ RVF QFOTBS MP TJHVJFOUF i2VF MBT QFSTPOBT RVF N²T NF BNBO Z N²T BNP TF FODBSHVFO EF CVTDBS QSPWPDBS FO NJ FM NB ZPS EPMPS QPTJCMFw FT ZB VO QSJODJQJP DPOUSBEJDUPSJP 1VFT MPT QBESFT CVTDBOEP DPSSFHJS MBT DPOEVDUBT Z MPT NBMPT I²CJUPT EF MPT IJKPT IB HBO MP DPOUSBSJP B MP RVF TF TVQPOF RVF FTU²O EFTUJOBEPT B SFBMJ[BS RVF FT "."3 : SFTVMUB RVF FO DJFSUPT NPNFOUPT MB JSB KVOUP B MB JO UFMJHFODJB CVTDBO DBTUJHBS BM IJKP FO EPOEF N²T MF EVFMF : FGFDUJWBNFOUF NVDIPT OJÁPT Z EFTQV¹T BEPMFTDFOUFT DSFDFO DPO FTF UFNPS Z TFOTBDJÂO DPOGMJDUJWB EF RVF NJT QBESFT NF FEVDB SPO B CBTF EF QSPWPDBSNF EBÁP FO EPOEF N²T EVFMF : NVDIP EF MB DBVTB QBSB MMFHBS B TFS BEJDUP FT USBUBS EF BOFT UFTJBS FM EPMPS &T NFKPS OP QSPWPDBSMP .VDIP NFOPT MPT QBESFT

"/«-*4*4

&/3*26& 50644"*/5 "/"-*45" 10-¶5*$0 *-6453"$*»/ t + -»1&;

>À >Ê*> >À

ÀµÕi } >\Ê«À Ìi}iÀ]Ê > i Ì>À]ÊV ÃiÀÛ>ÀÊ«>À>ÊÌ ` à &O VO FTDPD¹T MMBNBEP %FSFL .D-FOOBO BSRVFÂMPHP BNBUFVS RVF CVT DBCB DPO VO EFUFDUPS EF NFUBMFT EFTDVCSJ FO VO DBNQP EF MB SFHJÂO EF %VNGSJFT DFSDB EF VO DFOUFOBS EF PCKFUPT FOUFSSBEPT FO FM TJHMP 9 QPS BMHÈO WJLJOHP RVF TF MPT IBC½B SPCBEP FO QVFCMPT Z NPOBTUFSJPT EF MB DPNBSDB &TF UFTPSP VOP EF MPT N²T JNQPSUBOUFT IBMMBEPT FO FM 3FJOP 6OJEP JMVTUSB FOUSF PUSBT DPTBT FM EFTBSSPMMP BSU½TUJDP MPT JOUFSDBNCJPT DPNFSDJBMFT Z MBT GPSNBT EF WJEB EF MB ¹QPDB PSGFCSFS½B JSMBOEFTB Z BOHMPTBKPOB QJF[BT EF MB ¹QPDB DB SPMJOHJB UFYUJMFT EF $POTUBOUJOPQMB MJOHPUFT PCKFUPT EF PSP DSJTUBM QMBUB "EFN²T EF JOUFSFTBOUFT BMHVOPT TPO FYUSBPSEJOBSJBNFOUF CPOJUPT &O MB TFNBOB RVF UFSNJOB TF BOVODJ RVF FM TFÁPS .D-FOOBO RVF OP TF SPC OJ EFTUSP[ OBEB Z BWJT EF JONFEJBUP B MBT BVUPSJEBEFT WB B TFS SF DPNQFOTBEP DPO DFSDB EF EPT NJMMPOFT EF MJCSBT FTUFSMJOBT Z MBT QJF[BT WBO B RVFEBSTF FO MPT NVTFPT FTDPDFTFT TPCSF UPEP FO MPT EF MB SFHJÂO EPOEF TF FO DPOUSBSPO 3JRVF[B QBSB UPEPT &TUP TF QSFTUB B VO NPOUÂO EF SFGMFYJPOFT 4J FO FTUF QB½T VTUFE TF IBMMB BMHP FOUFSSBEP FO FM QBUJP EF TV DBTB ZB TFBO QVOUBT EF PCTJEJBOB D²OUBSPT MMFOPT EF EPCMPOFT WBTJKBT FOUFSBT P FO UFQBMDBUFT Z IBTUB QFUSÂMFP TFHÈO MBT MFZFT FTP OP FT TVZP QPSRVF QFSUFOF DF iB MB OBDJÂOw 4VQPOHBNPT RVF BSBOEP FO FM DBNQP P FDIBOEP MPT DJNJFO UPT EF VO FEJGJDJP BMHVJFO TF FODVFOUSB DPNP PDVSSF UBOUBT WFDFT SFTUPT BS RVFPMÂHJDPT FTUBUVJMMBT K½DBSBT KPZBT P MP RVF TFB UPEP DPOTQJSB QBSB RVF B OP TF MP EJHB B OBEJF C TJ FT VO JHOPSBOUF MBT SPNQB P MBT UJSF P USBUF EF WFOEFSMBT QPS UMBDP D TJ OP MP FT UBOUP MBT HVBSEF FOUSF MPT UJMJDIFT DPNP iDV SJPTJEBEFTw P E TJ FT VO WJWBMFT TFNJMFUSBEP CVTRVF WFOE¹STFMBT B BMHÈO UV SJTUB P FO F #BZ Z DBQB[ RVF BDBCFO FO VOB TVCBTUB FO FM FYUSBOKFSP 1PSRVF MB BMUFSOBUJWB FT RVF TJ FM RVF TF FODVFOUSB MBT DPTBT BDUÈB DPNP DJVEBEBOP EF VO QB½T DJWJMJ[BEP TF WB B NFUFS FO QSPCMFNBT MF QBSBO MB DPOT USVDDJÂO MF FYQSPQJBO FM QSFEJP FO DVBMRVJFS DBTP MP USBUBO GBUBM QPSRVF BT½ FT MB DPTB BRV½ &O FM NFKPS EF MPT DBTPT JOUFSWJFOFO MPT RVF TBCFO Z MPT PC KFUPT TPO FTUVEJBEPT DBUBMPHBEPT Z FYQVFTUPT BM QÈCMJDP TJ QPS TVFSUF QBTBO QPS MBT NBOPT EF BMHVJFO TBCJP Z IPOSBEP DPNP 0UUP 4DIÄOEVCF Z MMFHBO B VO NVTFP RVF OP UFOHB DBTJ UPEP FO CPEFHB OJ FTU¹ TFDVFTUSBEP QPS MPT CVS DSBUBT EFM */") DPNP FM EF (VBEBMBKBSB &O FM QFPS BDBCBO TJFOEP WFOEJEPT QPS BMHÈO QPM½UJDP P GVODJPOBSJP P DPNP TV QSPQJFEBE QBSUJDVMBS QBSB KBN²T WPMWFS B TFS WJTUPT OJ QPS iMB OBDJÂOw OJ QPS OBEJF 5BO CJFO TBCFO UPEP FTP MPT BSRVFÂMPHPT EFM */") RVF NVDIBT WFDFT QSF GJFSFO RVF OJ TF TFQB OJ TF IBHB OBEB SFTQFDUP EF BMHÈO EFTDVCSJNJFOUP QPS RVF B OVODB IBZ SFDVSTPT C MPT FTQFDJBMJTUBT IPOFTUPT OP DPOG½BO Z DPO SB [ÂO FO TVT QSPQJBT JOTUJUVDJPOFT Z D TFS½B VOB JOWJUBDJÂO BCJFSUB B MPT TBRVFBEPSFT EF UPEB MBZB IUUQ OFXT OBUJPOBMHFPHSBQIJD DPN WJLJOHT HBMMPXBZ IPBSE USFBTVSF TDPUMBOE BSDIBFPMPHZ IUUQ XXX EBJMZNBJM DP VL TDJFODFUFDI BSUJDMF " QPUUFE IJT UPSZ #SPPDIFT CFBET HPME SJOHT TUBTIFE 7JLJOH WFTTFM ZFBST BHP SFWFBMFE UJNF IUNM IUUQT XXX UIFHVBSEJBO DPN TDJFODF NBZ NBO XIP GPVOE SJDIFTU WJLJOH IPBSE JO UIF VL UP HFU N BXBSE

"HVKFSPT PTDVSPT -BT QSJTJPOFT TPO FTQBDJPT DFEJEPT BM ÂBVUPHPCJFSOPÃ EF MPT DSJNJOBMFT QPS JODPNQFUFODJB P TVNJTJªO EF MB BVUPSJEBE Z QPS JOEJGFSFODJB EF MB TPDJFEBE

&

O VOB GPUPHSBG½B FM T½NCPMP EF OVFTUSB SFOVO DJB &O VOB GPUPHSBG½B MB QPESFEVNCSF EFM TJT UFNB DBSDFMBSJP FO .¹YJDP .ÈTJDB BMDPIPM BS NBT Z PEBT BM $²SUFM +BMJTDP /VFWB (FOFSBDJÂO -B JNBHFO FT FTDBMPGSJBOUF FM 1FOBM EF .²YJ NB 4FHVSJEBE EF 1VFOUF (SBOEF FO NBOPT EF VO HSVQÈTDVMP EF OBSDPUSBGJDBOUFT {&T QPTJCMF VOB NVFTUSB N²T DMBSB EFM DSJNFO EPCMFHBOEP B MBT JOTUJUVDJPOFT &M FTQBDJP EF MB TBODJÂO DPOWFS UJEP FO VOB QBSSBOEB EFTBGJBOUF &T JNQPTJCMF SFWJTBS FM i%JBHOÂTUJDP /BDJPOBM EF 4VQFSWJ TJÂO 1FOJUFODJBSJBw TJO TFOUJS FTDBMPGS½PT %FM BO²MJTJT RVF SFBMJ [B MB $PNJTJÂO /BDJPOBM EF %FSFDIPT )VNBOPT TF EFTQSFOEF RVF MBT D²SDFMFT TPO JOHPCFSOBCMFT Z FTU²O MFKPT EF TFS FTQBDJPT EF SFJOTFSDJÂO TPDJBM 4JO NBUJDFT MBT D²SDFMFT FO .¹YJDP TPO VO GSBDBTP $POKVHBO UPEP BRVFMMP RVF TJNCPMJ[BO TV GJBTDP BVUP SJEBEFT JOGJMUSBEBT RVF USBCBKBO QBSB FM DSJNFO OFHPDJPT PQV MFOUPT RVF MMFOBO MBT BSDBT EF MPT HSVQPT EFMJDUJWPT KÂWFOFT QP CSFT RVF UJFOFO RVF BSSFHMBSTF DPO FM MVHBSUFOJFOUF QBSB BTFHVSBS MB TVQFSWJWFODJB DSJNJOBMFT RVF WJWFO DPNP SFZFT FO DMBSB CVSMB BM TJTUFNB JOEJWJEVPT SFJOTFSUBCMFT FO TPDJFEBE RVF TF DPSSPNQFO JOPDFOUFT RVF TVGSFO FO TPMFEBE /VFTUSBT D²SDF MFT TPO FM SFGMFKP N²T BDBCBEP EF VO TJTUFNB QPESJEP &M GSBDBTP EFM TJTUFNB QFOJUFODJBSJP FO .¹YJDP UJFOF VOB DMB SB EJNFOTJÂO JOTUJUVDJPOBM "M JHVBM RVF MBT DPSQPSBDJPOFT QPMJ DJBDBT P MPT NJOJTUFSJPT QÈCMJDPT FM TJTUFNB DBSDFMBSJP GPSNB QBS UF EF VOB SFE EF DPSSVQDJÂO F JOPQFSBODJB RVF UVFSDF MB KVTUJDJB B GPOEP %F MB NJTNB NBOFSB FO RVF TF DPNQSB B VO QPMJD½B NV OJDJQBM MB FTUSVDUVSB EF MPT QFOBMFT FT VO QSPEVDUP N²T B EJTQP TJDJÂO EF MBT GBKBT EF EJOFSP EFM DSJNFO 6O TJTUFNB DPMBQTBEP QPS MB TPCSFQPCMBDJÂO DBSDFMBSJB SFDMVTPT QPS DBEB NJM IBCJUBOUFT Z EF MPT DVBMFT DVBUSP EF DBEB UJFOFO NFOPT EF BÁPT -B EJNFOTJÂO JOTUJUVDJPOBM FT DMBWF QBSB FOUFOEFS MB DPPQ UBDJÂO Z MB JOHPCFSOBCJMJEBE EF MPT QFOBMFT 4JO FNCBSHP IBZ VOB TFHVOEB EJNFOTJÂO SFMFWBOUF MB JOEJGFSFODJB TPDJBM "VORVF OPT DBOTFNPT EF EFDJSMP TPNPT VO QB½T RVF OP DSFF FO MB SFJOTFSDJÂO %FOUSP EFM TJTUFNB QF

OJUFODJBSJP NFYJDBOP TF FYUJFOEF MB JEFB EFM DBTUJHP Z MB TBO DJÂO N²T RVF MB QPTJCJMJEBE EF MB SFJOTFSDJÂO 6OB OBDJÂO RVF FYJHF RVF BMHVJFO QBHVF NVDIBT WFDFT TJO JNQPSUBS TJ FT JOP DFOUF P DVMQBCMF %F BDVFSEP B MB "VEJUPS½B 4PDJBM EF MB 'FEF SBDJÂO FM OÈNFSP EF QSFTPT SFJODJEFOUFT TF NVMUJQMJDÂ QPS FO FM QFSJPEP Z MB QSPQJB "4' DBMJGJDÂ iFM TJT UFNB EF SFJOTFSDJÂO TPDJBM EF VO GSBDBTPw {"MHVJFO TF FTDBO EBMJ[Â QPS FTP /BEJF -PT QSFTPT RVFEBO FTUJHNBUJ[BEPT IBZBO TJEP DVMQBCJMJ[B EPT QPS VO TJTUFNB DPSSVQUP P CJFO IBZBO DPODMVJEP TVT QFOBT MFT DVFTUB SFUPNBS TV WJEB SFJODPSQPSBTF BM NFSDBEP MBCPSBM Z TFS ÈUJMFT B MB TPDJFEBE "USBWFTBEPT QPS DMJDI¹T DPOTFSWBEPSFT VOB NBZPS½B TPDJBM QJFOTB RVF FT JOÈUJM QSFTUBS BUFODJÂO B MBT QSJ TJPOFT /VFTUSB JOEJGFSFODJB BOUF MP RVF TVDFEF BI½ FT FM FNCSJÂO EFM GSBDBTP EFM NPEFMP EF SFJOTFSDJÂO TPDJBM : UBNCJ¹O FYJTUF VOB EJNFOTJÂO QPM½UJDB -B SFJOTFSDJÂO TP DJBM OP EB WPUPT 3FTQFUBS MPT EFSFDIPT IVNBOPT Z SFDVQFSBS MB HPCFSOBCJMJEBE EF MPT DFOUSPT QFOJUFODJBSJPT OP TVTDJUB FM BQMBV TP DPMFDUJWP {6TUFE TF JNBHJOBS½B VO QPM½UJDP RVF DPNFO[BSB VOB DBNQBÁB QJEJFOEP SFDVQFSBS MBT D²SDFMFT DPNP VO NPEFMP QBSB UFOFS VOB TPDJFEBE N²T KVTUB Z FO QB[ EF DBSB BM GVUVSP {0 RVJFO TBMJFSB B EFGFOEFS BM EF MPT QSFTPT FO .¹YJDP RVF OP UJFOFO TFOUFODJB 1SFGFSJNPT RVF MPT DFOUSPT QFOJUFODJBSJPT TF BO BHVKFSPT OFHSPT RVF OP BNFSJUBO OJ QSFPDVQBSOPT QPS FMMPT IBTUB RVF FYQMPUB VO FTD²OEBMP IBZ VO NPU½O P VO SFWFOUÂO RVF USBTDJFOEB B MB QSFOTB -BT TPDJFEBEFT N²T KVTUBT TPO UBNCJ¹O MBT RVF NFKPS EFTB SSPMMBO TVT NPEFMPT EF SFJOTFSDJÂO TPDJBM &O MBT D²SDFMFT OPT KV HBNPT N²T RVF VO TJUJP QBSB DBTUJHBS B MPT NBMPT 1SJTJPOFT DPO WFSUJEBT FO FTDVFMBT EFM DSJNFO TÂMP SFQSPEVDFO MPT QSPCMFNBT TPDJBMFT Z OPT DPOEFOBO B UFOFS VO QB½T EF SFTFOUJNJFOUP WJP MFODJB Z GSVTUSBDJÂO /VFTUSB JOEJGFSFODJB FT FM NFKPS DPOUFYUP QBSB MB DPOUJOVJEBE EF VO NPEFMP RVF OP SFJOTFSUB DSJNJOBMFT TJOP RVF MPT SFQSPEVDF .¹YJDP TF KVFHB TV GVUVSP FO FM TJTUFNB QFOBM Z EF KVTUJDJB FO EPOEF MB SFJOTFSDJÂO TPDJBM KVFHB VO QBQFM DFOUSBM -BT D²SDFMFT OP QVFEFO TFS N²T BHVKFSPT PTDVSPT


%PNJOHP EF NBZP EF &- */'03."%03

&45"4 36*/"4 "/50/*0 0356ยบ0

1

:" /0 &4 -0 .*4.0 %FQFOEJFOEP EF MB GBNJMJB P MBT USBEJDJPOFT FM OJWFM EF TP MFNOJEBE FO VO WFMPSJP QVFEF TFS GSร P P NVZ GFTUJWP

, -ร

ร 6 6 ,

,ย ร >ร ย ย ร iร ย

6ย iย ย ร ร `iร ย >ร ย >ย ย 1BSB RVF VOB IJTUPSJB EF BNPS QFSEVSF IBDF GBMUB QFMFBS NVDIP QPS MB SFMBDJร O TFS HFOFSPTP UFOFS MB QFSTFWFSBODJB EF VOB FTUBMBDUJUB )BDF VOPT EยฝBT MFยฝ FO &- 1"ยก4 VOB EF FTBT OPUJDJBT DPOTPMBEPSBT RVF BQBSFDFO NVZ EF DVBOEP FO DVBOEP FOUSF MB BWBMBODIB EF USBHFEJBT NVOEJBMFT +PZDF Z 'SBOL %PEE VO NBUSJNPOJP CSJUยฒOJDP EF Z Bร PT SFTQFDUJWBNFOUF NVSJFSPO FM NJTNP EยฝB Z FO FM NJTNP DVBSUP EF IPTQJUBM DPO VOB EJGF SFODJB EF IPSBT FMMB GVF MB ร MUJNB -MFWBCBO DB TBEPT Bร PT UVWJFSPO IJKPT OJFUPT CJTOJF UPT Z UBUBSBOJFUPT Z QPDP BOUFT EF GBMMFDFS QVEJFSPO BHBSSBSTF EF MB NBOP QPSRVF MFT KVOUBSPO MBT DBNBT &T VOB IJTUPSJB DPONPWFEPSB VO GJOBM EF QFMยฝDVMB SPNยฒOUJDB MB FODBSOBDJร O EF FTF TVF ร P TFOUJNFOUBM RVF DSFP RVF UPEPT MPT IVNBOPT IF NPT BDBSJDJBEP FO BMHร O NPNFOUP EF OVFTUSBT WJ EBT BNBS B BMHVJFO QBSB TJFNQSF FOWFKFDFS DPO FMMB P ยนM QBTFBS EF TV NBOP QPS MBT TPMFBEBT BMBNF EBT EF OVFTUSB BODJBOJEBE )BDF Bร PT NF DPOUBSPO VOB BOยนDEPUB HFOJBM EFM FDPOPNJTUB +PIO ,FOOFUI (BMCSBJUI GBMMFDJEP FO B MPT Bร PT $BTJ SP[BOEP MPT OPWFOUB (BM CSBJUI WJOP B .BESJE B QSFTFOUBS VO MJCSP Z BDPN QBร BEP QPS TV FTQPTB EF UBO BWBO[BEB FEBE DPNP ยนM TBMJร B DPNFS DPO FM FEJUPS &O VO NPNFOUP EB EP MB NVKFS TF MFWBOUร QBSB JS BM MBWBCP &SB VOB WJF KFDJUB NFOVEB Z GSยฒHJM TF BQPZBCB UFNCMPSPTB FO VOB HBSSPUB Z BWBO[BCB DPO NJDSPTDร QJDB WFMPDJEBE NBUVTBMยนOJDB -PT EPT IPNCSFT DBMMBSPO NJFOUSBT MB PCTFSWBCBO Z DVBOEP EFTBQBSFDJร USBT MB QVFSUB EFM CBร P (BMCSBJUI TF WPMWJร B TV BDPNQBร BOUF DPO VOB TPOSJTB FNCFMFTBEB Z NVTJUร i*TO U TIF CFBV UJGVM w {OP FT QSFDJPTB &TUB FT PUSB BOยนDEPUB MMF OB EF GVMHPS Z EF NBSBWJMMB 6O IFSNPTP SFHBMP EF MB WJEB OPT EFDJNPT DPO FOWJEJB : Tยฝ FTUยฒ MB TVFSUF EF IBCFS FODPOUSBEP B BM HVJFO DBQB[ EF BDPNQBร BSUF B USBWยนT EF MPT Bร PT Z MB GPSUVOB EF RVF OP TF IBZB NVFSUP 1FSP GVFSB EF FTUP OP DSFP RVF OJOHVOB EF MBT EPT IJTUPSJBT MFT IBZB TBMJEP SFHBMBEB &T EFDJS TFHVSP RVF UBOUP MPT %PEE DPNP MPT (BMCSBJUI TF IBO QFMFBEP NJM WFDFT TF IBO HSJUBEP Z IBO UFOJEP NPNFOUPT FO MPT RVF IBO RVFSJEP NBOEBS BM Dร OZVHF B MB $PODIJODIJOB 2VJ[ยฒ JODMVTP TF IBZBO TFQBSBEP EF GPSNB UFNQP SBM 5BM WF[ UVWJFSPO BNBOUFT -BT SFMBDJPOFT EF QB SFKB OVODB TPO GยฒDJMFT " EFDJS WFSEBE TPO EJGJDJMยฝ TJNBT 1BSB QFSEVSBS EF FTB NBOFSB Z TFHVJS RVFSJยนOEPTF IBZ NBUSJNPOJPT BODJBOPT RVF TF PEJBO Z TF JOGMJHFO NVUVBNFOUF VOB WFKF[ EF JOGJFS OP IBDF GBMUB QFMFBS NVDIP QPS MB SFMBDJร O TFS HF OFSPTP UFOFS MB QFSTFWFSBODJB EF VOB FTUBMBDUJUB 4FHร O FM ร MUJNP JOGPSNF TPCSF MB FWPMVDJร O EF MB GBNJMJB FO &TQBร B IBZ DBTJ SVQUVSBT QPS DBEB NBUSJNPOJPT VOB DJGSB CBTUBOUF NยฒT FMFWBEB RVF MB NFEJB FVSPQFB RVF OP MMFHB B $MBSP RVF BRVยฝ UBNCJยนO OPT DBTBNPT QPDP Z DBEB WF[ NFOPT EF CPEBT QPS DBEB NJM IBCJUBOUFT FO IF NPT CBKBEP B FO &O DBNCJP FM Oร NFSP EF QBSFKBT EF IFDIP SFHJTUSBEBT WB TVCJFOEP ZB IBZ VOB QPS DBEB NBUSJNPOJPT "EFNยฒT IBZ NVDIBT QFSTPOBT RVF WJWFO KVOUBT TJO QBTBS QPS OJOHร O USยฒ NJUF Z EF DBEB OBDJNJFOUPT QSPWJFOFO EF QB ESFT OP DBTBEPT "Tยฝ RVF {RVJยนO TBCF RVJ[ยฒ MBT QBSFKBT GVFSB EFM NBUSJNPOJP EVSFO NยฒT 1VFEF RVF FO MB BCVOEBODJB EF EJWPSDJPT JOGMVZBO MBT CP EBT FOUSF JOEJWJEVPT NVZ Kร WFOFT RVF UPEBWยฝB OP TBCFO CJFO RVJยนOFT TPO P RVJยนOFT TFSยฒO Z RVF WBO DSFDJFOEP EF NPEP EJWFSHFOUF 4FB DPNP GVFSF EFTEF MB BQSPCBDJร O EF MB MFZ EFM EJWPSDJP FO TF IBO SPUP DBTJ USFT NJMMPOFT EF WยฝODVMPT /P TFSยน ZP RVJFO EJHB RVF IBZ RVF BHVBOUBS FO QBSFKB DPOUSB WJFOUP Z NBSFB &UFSOJ[BSTF DPO MB QFSTPOB JOBEFDVBEB QVFEF BSSVJOBSUF MB WJEB Z FT VOB NBSBWJMMB RVF FM EJWPSDJP FYJTUB 1FSP UBNCJยนO DSFP RVF WJWJNPT FO VOB TPDJFEBE RVF NJUJGJDB MB HSBUJGJDBDJร O JOTUBOUยฒOFB Z OP WBMPSB FM FTGVFS[P $SFFNPT RVF OVFTUSB WJEB UJFOF RVF UFOFS FTB BMF HSยฝB DPOTUBOUF RVF OPT NVFTUSBO MPT NFMPTPT BOVO DJPT QVCMJDJUBSJPT QFSP MB SFBMJEBE OP FT FO BCTPMV UP BTยฝ 1BSB DPOTUSVJS VO GVUVSP B EPT IBZ RVF USBCBKBS NVDIยฝTJNP Z USBHBS NยฒT EF VO TBQP &T VOB NBMEJUB CBUBMMB FO GJO QFSP NFSFDF MB QFOB "VO RVF UBNCJยนO DSFP RVF DBEB VOP EFCF MMFHBS B TV QVOUP EF FRVJMJCSJP FOUSF MB UFOBDJEBE Z FM Oร NFSP EF TBQPT RVF FTUยฒ EJTQVFTUP B FOHVMMJS )PZ UPEPT FOWJEJBNPT FM GJOBM GFMJ[ EF MPT (BMCSBJUI Z MPT %PEE QFSP TFHVSP RVF IBZ VOPT DVBOUPT RVF OP IVCJFSBO TPQPSUBEP WJWJS EFOUSP EF FTBT QBSFKBT ยช 304" .0/5&30 &%*$*0/&4 &- 1"ยถ4 4 - 5PEPT MPT EFSFDIPT SFTFSWBEPT

1~(*/" #

&- */'03."%03

PS EFTHSBDJB FTUBT DPTBT TPO DPNQMJDBEBT QBSB UPEPT FO GFDIBT SFDJFOUFT IF UFOJEP RVF BTJTUJS B VO QBS EF WF MPSJPT "NCPT SFBMJ[BEPT FO DBTBT GVOFSBSJBT EF BMHร O SFOPNCSF IBO CPSEFBEP FM EFTBTUSF &YQMJDP MPT NPUJ WPT &M QSJNFSP FT RVF MPT TFSWJDJPT Z MBT JOTUBMBDJPOFT EF MPT EPT SFDJOUPT SFTVMUBO DBEB DVBM FO TV FTUJMP UP UBMNFOUF JOBQSPQJBEPT QBSB MPT GJOFT RVF TF TVQPOF RVF EFCFO DVN QMJS FT EFDJS BNQBSBS FM SJUP EF EFTQFEJEB EF VO EJGVOUP Z CSJOEBS DP NPEJEBE Z VO BNCJFOUF BDPHFEPS B TVT EFVEPT 6OB GVOFSBSJB MB NยฒT DPTUPTB FT JOEJTUJOHVJCMF EF VO SFTUBVSBO UF DBNQFTUSF Z DVFOUB DPO VOB TFSJF EF NยฒRVJOBT EF SFGSFTDP NFTBT Z UFSSB[BT NยฒT QSPQJBT EF VOB DBGFUFSยฝB P VO TBMร O EF FWFOUPT &T VO TJUJP SVJEPTP PTUFOUPTP GFTUJWP -B PUSB QFTF B TV QSFTUJHJP EF Bร PT FT VOB TVFSUF EF PGJDJOB WJFKB GSยฝB Z EFDBEFOUF RVF USBUB EF DPNQFO TBS FM FTDBTP NBOUFOJNJFOUP Z MB OVMB JOWFSTJร O FO NPCJMJBSJP DPO QV SBT HBOBT FM QFSTPOBM TF EFEJDB B PSHBOJ[BSMFT B MPT BTJTUFOUFT VOB TFSJF EF BDUJWJEBEFT HSVQBMFT EF DPSUF FTQJSJUVBM OP SFMJHJPTP QBSB OP DFSSBSTF NFSDBEP DPO MP RVF Tร MP TF DPOTJHVF RVF FM WFMBUPSJP QBSF[DB VO QSPHSBNB EF DPODVSTPT UFMFWJTJWP /P TF USBUB EF RVF UPEPT MPT WFMPSJPT EFCBO TFS TPMFNOFT FTP EF QFOEFSยฒ EF DBEB EFVEP EF DBEB GBNJMJBS P BNJHP TJOP EF SFTBMUBS RVF BMHP GBMMB Z FTP NF RVFEร DMBSP QPS MB FWJEFOUF JSSJUBDJร O RVF QVEF QFS DJCJS FOUSF RVJFOFT BDVEJFSPO -B HFOUF FO MB GVOFSBSJB RVF QBSFDF SFT UBVSBOUF OP EFKBCB EF NJSBS B UPEPT MBEPT Z EF BCSJS NVDIP MPT PKPT DB EB WF[ RVF EFTDVCSยฝB VO OVFWP EFUBMMF EF EFDPSBDJร O EFTNFEJEB MPT CBร PT TPCSFEPSBEPT Z MMFOPT EF FODBKFT QBSFDยฝBO EJHOPT EF TFS VTB EPT TPMBNFOUF QPS -VJT 97* QPS FKFNQMP &O FM TFHVOEP SFDJOUP MPT TJMMPOFT IBO BMCFSHBEP MBT QFOBT EF UBOUPT RVF BM CVTDBS SFGVHJP FO VOP

1BSB NPSJSTF EF FMMPT VOP TJFOUF RVF TF IVOEF FO VO QP[P EF BSFOB NPWFEJ[B MB FT QVNB MPT SFTPSUFT Z FM UBQJ[ ZB BNFSJUBSยฝBO TV QSPQJP GVOFSBM 1PS PUSP MBEP MPT QSFDJPT EF MPT TFSWJDJPT GVOFSBSJPT FO OVFTUSB DJVEBE IBO BMDBO[BEP BMUVSBT UBO FTDBOEBMPTBT RVF MPT WFMPSJPT RVF BOUBร P QPEยฝBO EVSBS VO QBS EF EยฝBT BIPSB TF DPNQBDUBO B VOBT QP DBT IPSBT MBT NFOPT QPTJCMFT QBSB BDFMFSBS FM QSPDFTP Z FWJUBSMFT B MPT iQBHBOPTw QPS TFS RVJFOFT QBHBO TF FOUJFOEF MB QFOB BEJDJPOBM EF BDBCBS FOEFVEBEPT Z IBTUB FNCBSHBEPT .VDIPT QTJDร MPHPT TPT UJFOFO RVF MB GVODJร O EF VO WFMPSJP QSPMPOHBEP FT CSJOEBS B RVJFOFT QFSEJFSPO B VOB QFSTPOB RVFSJEB MB QPTJCJMJEBE EF DPNFO[BS B EJHF SJS TV BVTFODJB FO VOB BUNร TGFSB DยฒMJEB Z BGFDUVPTB QBSB FTP TF JO WJUB B PUSPT QBSJFOUFT Z MPT BNJHPT 1FSP TJ DPOTFHVJS FTF BNCJFOUF DVFTUB VO QPUPTยฝ MP QSPCBCMF FT RVF MB NBZPSยฝB EF MBT QFSTPOBT UFO HBO RVF PQUBS QPS FODPHFS MPT UJFNQPT B MPT RVF MB DBSUFSB QFSNJUB "Tยฝ FO HFOFSBM IPZ EยฝB VOB QFSTPOB RVF NVFSB BM BUBSEFDFS QPS DBV TBT OP DSJNJOBMFT FT EFDJS RVF OP EFCB TFS TPNFUJEB B VOB OFDSPQTJB TFSยฒ WFMBEB QPS MB NBร BOB UFNQSBOP 1BSB MB NFEJB UBSEF MB FTUBSยฒO DSFNBOEP : TVT EFVEPT FTUBSยฒO EF WVFMUB FO DBTB NFOPT EF IP SBT EFTQVยนT EF TV QBSUJEB DPO VOB TFOTBDJร O JOEFTDSJQUJCMF QPSRVF MPT BEJPTFT UBO FGยฝNFSPT TPO EPCMFNFOUF EVSPT $PNP FO UBOUBT PUSBT DPTBT IFNPT EF SFDPOPDFS MB TVQFSJPSJ EBE FWJEFOUF EF MPT WFMPSJPT QVFCMFSJOPT EFM QBTBEP RVF TF SFBMJ[B CBO FO DBTBT QBSUJDVMBSFT QPS UJFNQP JOEFGJOJEP Z DPO BTJTUFODJB NVMUJUVEJOBSJB /P IBZ OFDFTJEBE EF TFS SFBDDJPOBSJP QBSB EBSTF DVFOUB EF MB EJGFSFODJB FOPSNF FOUSF MP FOUSBร BCMF Z MP RVF FT TPMB NFOUF VO QSFUFYUP QBSB WFOEFS TFSWJDJPT DBSยฝTJNPT Z BUFSSBEPSBNFO UF GBMMJEPT $PNP EJKP VOB WJFKJUB B TV OJFUP FO VOP EF MPT WFMPSJPT B MPT RVF GVJ :B OP EBO HBOBT EF NPSJSTF


1~(*/" #

&- */'03."%03 &- */'03."%03

%PNJOHP EF NBZP EF '0504 $035&4¶" t " /"7"330

4J VTUFE IVCJFSB OBDJEP CBKP FM DPCJKP EF MB SFMJHJªO IJOEVJTUB TV EFTFP QSJNPSEJBM TFS¤B NPSJS FO FM S¤P (BOHFT RVF BUSBWJFTB MB DJVEBE EF 7BSBOBTJ MB NFUSªQPMJ N T BOUJHVB EFM NVOEP

0'3&/%"4 5BNCJÏO GPSNB QBSUF EFM SJUP RVF TF SFBMJ[B

&- %"50 {$ØNP MMFHBS B 7BSBOBTJ

&/ /&1"- .JFOUSBT FO 7FSBOBTJ FTUÈ QSPIJCJEP UPNBS GPUPT EF MBT DSFNBDJPOFT FO FM 5FNQMP EF 1BTIVQBUJOBUI EF ,BUNBOEÞ FO /FQBM TJ FT QPTJCMF SFUSBUBS FM SJUP EF MB NVFSUF

%FTEF /VFWB %FMIJ MB DBQJUBM EF MB *OEJB TF QVFEF UPNBS FM USFO OPDUVSOP DPO EVSBDJØO EF IPSBT 4V DPTUP BQSPYJNBEP PTDJMB FOUSF QFTPT Z QFTPT &O BWJØO TF MMFHB FO IPSBT Z UJFOF VO DPTUP BQSPYJNBEP EF FOUSF EPT NJM QFTPT B USFT NJM QFTPT

.PSJS &/ */%*"

$&3&.0/*" %&- '6&(0 5BOUP FO *OEJB DPNP FO /FQBM FYJTUFO FTUPT TBOUVBSJPT QBSB MB USBOTJDJØO EF MB WJEB Z MB NVFSUF

1PS "ESJBOB /BWBSSP 3BN½SF[

&

$05*%*"/0 " QFTBS EF RVF MBT BHVBT FTUÈO DPOUBNJOBEBT QBSB MPT IBCJUBOUFT FTUBS BRVÓ TJHOJGJDB EBSTF VO CB×P QVSJGJDBEPS

50." /05" 6O HSBO SÓP &M SÓP (BOHFT UJFOF VOB MPOHJ UVE EF FOUSF MPT EPT NJM Z USFT NJM LJMØNFUSPT 4F DPOTJ EFSB TBHSBEP /BDF FO FM )J NBMBZB Z GMVZF FO EJSFDDJØO IBTUB #BOHMBEÏT &T VOP EF MPT SÓPT NÈT DPOUBNJOBEPT EFM NVOEP QPS SFTUPT IVNB OPT FTRVFMFUPT EF BOJNBMFT Z BHVBT SFTJEVBMFT 4V DBV EBM BUSBWJFTB 7BSBOBTJ MB DJVEBE DPO USFT NJM B×PT EF BOUJHàFEBE 1BSB VO PDBTJP OBM FTQFDUBEPS MB DPOUBNJOB DJØO EFM (BOHFT QPESÓB SFTVM UBS JOUPMFSBCMF QBSB FMMPT FT VO CB×P FT QVSJGJDBEPS 13&1"3"$*»/ -BT GBNJMJBT USBOTQPSUBO MPT DVFSQPT IBTUB VOB EF MBT QMBUBGPSNBT

M (BOHFT FT FM S½P TBHSBEP EF MB *OEJB TVT BHVBT SFQSFTFOUBO B MB EJPTB (BO HB IJKB EF MPT EJPTFT 4IJWB Z 1²SWBUJ QVSJGJDBEPSB EF MPT QFDBEPT DBQB[ EF QPOFSMF GJO B MB SFFODBSOBDJÂO FO FM RVF WJWFO BUSBQBEPT MPT IJOEVJTUBT %JBSJBNFOUF EFDFOBT EF QFSTPOBT TF USBTMBEBO EFTEF EJTUJOUBT QBSUFT EF MB *OEJB QBSB MMFWBS B TVT EJGVOUPT B PSJMMB EFM S½P ZB RVF FM (BOHFT Z FM 5FN QMP EF 1BTIVQBUJOBUI FO FM QB½T WFDJOP EF /FQBM TPO MPT ÈOJDPT TBOUVBSJPT EPOEF TF IBDF MB USBOTJDJÂO EF MB WJEB Z MB NVFSUF QPS NFEJP EF MB DSFNBDJÂO B GJO EF RVF FM BMNB FWPMVDJPOF B MPT DJODP FMFNFO UPT BHVB UJFSSB BJSF GVFHP Z MV[ -PT GBNJMJBSFT USBOTQPSUBO FM DVFSQP IBTUB B BM HVOP EF MPT HBUIT FT EFDJS B VOB EF MBT QMBUBGPS NBT DPO FTDBMJOBUBT RVF EFTDJFOEFO B MBT BHVBT EFM (BOHFT QBSB BMM½ MBWBS BM DBE²WFS DPMNBSMP DPO QFS GVNFT FOWPMWFSMP FO VOB UÈOJDB CMBODB Z DVCSJSMP DPO GMPSFT UFMBT BNBSJMMBT SPKBT Z EPSBEBT 4ÂMP B MPT GBNJMJBSFT IPNCSFT TF MF QFSNJUF FT UBS FO FM SJUP EF MB NVFSUF FMMPT TPO RVJFOFT BDVFT UBO BM EJGVOUP FO VOB DBNB EF NBEFSB SF[BO KVOUP DPO MPT TBEIVT NPOKFT TBHSBEPT Z MF QSFOEFO GVFHP B TV TFS RVFSJEP &M GVFHP SFQSFTFOUB B 4IJWB FM EJPT EFTUSVDUPS RVF MJCFSB B MBT BMNBT EF MPT FOMBDFT EFM DVFSQP Z EFM FHP½TNP 4IJWB QFSTPOJGJDB MPT DJDMPT EF OBDJ NJFOUP WJEB NVFSUF Z SFOBDJNJFOUP 4VFMF SFQSF TFOUBSTF DPNP VOB QFSTPOB DPO VO UFSDFS PKP QPS TV HSBO OJWFM EF DPODJFODJB UJFOF DVBUSP CSB[PT RVF NVFWFO EF GPSNB BSNÂOJDB FM TFOUJEP EFM VOJWFS TP MMFWB VOB MVOB FO MB DBCF[B Z VOB TFSQJFOUF FO SPTDBEB BM DVFMMP 4V NBOP EFSFDIB TPTUJFOF VO UBNCPS DPO FM RVF BDPNQBÁB FM SJUNP EF TV EBO[B QBSB DSFBS MPT FMFNFOUPT RVF DPNQPOFO MB WJEB &M EJGVOUP BSEF KVOUP DPO 4IJWB EVSBOUF IP SBT IBTUB IBDFSTF DFOJ[B Z EFQPTJUBSTF FO FM (BO HFT B GJO EF UFSNJOBS DPO FM QSPDFTP EF SFFODBSOB DJÂO DPOTUBOUF -PT DSFNBUPSJPT FTU²O FODFOEJEPT UPEPT MPT E½

BT B DVBMRVJFS IPSB NJFOUSBT B MPT IBCJUBOUFT EF 7B SBOBTJ TJHVFO DPO TV WJEB DPUJEJBOB TF EBO DIBQV [POFT FO FM S½P QBSB SFGSFTDBSTF EF MPT HSBEPT EF DBMPS RVF IBDF FO MPT NFTFT EF BCSJM Z NBZP MBWBO TVT SPQBT TF DFQJMMBO MPT EJFOUFT VTBO TVT CBMTBT QBSB CVTDBS QFTDBEPT P QBTFBS UVSJTUBT MMFWBO B MPT CÈGBMPT B UPNBS CBÁP QSFQBSBO MB TBMTB DVSSZ KVF HBO DBSUBT EFHVTUBO FM EFMJDJPTP ZPHVSU -BTTJ Z MPT OJÁPT KVFHBO DS½RVFU $VBOEP FM 4PM FTU² FO FM PDBTP MJTUP QBSB EFT QFEJSTF MPT IJOEVJTUBT IBDFO FM SJUVBM EFM GVFHP FO DVBM DPOTJTUF FO RVF EVSBOUF VOB IPSB UPEPT MPT E½BT B MBT EF MB OPDIF EBO[BO DBOUBO UPDBO MB GMBVUB EBO SJUNP B MPT UBNCPSFT Z PSBO GSFOUF BM S½P E²OEPMF MBT HSBDJBT B (BOHB Z B 4IJWB QPS NBOUF OFS FM DJDMP TBHSBEP EF MB WJEB Z MB NVFSUF -B DJVEBE TF OJFCMB QPS JODJFOTP &M BSPNB EF HBSEFOJB DMBWP Z MPUP TF TVTQFOEF FO FM BNCJFOUF Z EJTJQB FM NBM PMPS EF MB VSCF &M IVNP FM FMFNFO UP BJSF FT FOWJBEP BM VOJWFSTP QBSB FOUSBS FO DPO UBDUP DPO MPT EJPTFT -BT GBNJMJBT DPNQSBO QPS SVQJBT QFTPT GMPSFT EF MPUP Z VOBT QFRVFÁBT WF MBT RVF IBDFO GMPUBS TPCSF FM S½P DPNP VOB PGSFOEB -B NVFSUF FO *OEJB FTU² QSFTFOUF FO DBTJ UPEPT MPT SJUVBMFT Z FO UPEPT MPT SJODPOFT EF MBT DJVEBEFT &T VOB NVFTUSB EF MB WJEB N½TUJDB EF MPT IJOEVJTUBT -P FTQJSJUVBM FT QFSDFQUJCMF NBMFBCMF DBTJ NBOJ QVMBCMF DPNP FM CBSSP )BDF QFOTBS RVF MB HFOUF USBF FM BMNB FYQVFTUB

4"#&3 .«4 4PCSF *OEJB *OEJB FT FM TFHVOEP QBÓT NÈT QPCMBEP EFM NVOEP 4F DPOUBCJMJ[BO NJM NJMMPOFT EF QFSTPOBT -PT HSBOEFT HSVQPT SFMJHJPTPT EF MB *OEJB TPO )JOEVJTNP *TMBNJTNP $SJTUJBOJTNP 4JKT

9 ,Ê " >À ÃÊ À }Õi 4¹ EF BOUFNBOP RVF DPNP VOB NPEFSOB $BTBOESB OP NF WB B DSF FS VTUFE MP RVF FT VOB WFSEBE EF B DVBUSP FTUP DBEB WF[ WB B FTUBS QF PS QVFT BVORVF T¹ RVF WPZ B RVFEBS DPNP VO HPSEP EFTCP[BMBEP BO UF WVFTBT NFSDFEFT UFOHP RVF EFDJS RVF FO FM EFCBUF EF MPT DBOEJEBUPT B MB HVCFSOBUVSB EFM &TUBEP EF .¹YJDP OP IVCP FEFD²O DPO MP DVBM DVBMRVJFS QPTJCMF JOUFS¹T RVF IVCJFSB IBCJEP BDFSDB EFM UFNB RVFEÂ FO DFSP Z NFOPT RVF DFSP %FTEF MVFHP NJ NBTPRVJTNP OP MMFHB B UBOUP DPNP QBSB IBCFS MP WJTUP QFSP QPS MBT OPUJDJBT RVF NF IBO EBEP GVF VO BDUP EF DJO¹NB W¹SJU¹ ZB RVF TF EJKFSPO WFSEBEFT BCTPMVUBT 5PEPT Z EJHP UPEPT IBT UB VOP EFM 15 RVF OP TBC½B OJ RV¹ BOEBCB IBDJFOEP BI½ TF EJKFSPO MB WFSEBE BCTPMVUB UPEPT FSBO SBUFSPT Z UPEPT DPNQSPCBEPT 2VF FO OVFTUSP FOUPSOP FO VOB DBOEJEBUVSB OP UF EJHBO SBUFSP FT VOB TFÁBM HSBWF EF DJFSUP " UPEPT MPT BDVTBSPO KVTUBNFOUF EF IBCFSTF SPCBEP VO CJCFSÂO FO FM IPTQJUBM EPOEF OBDJFSPO Z B MPT UBSE½PT RVF TF SP

º iL>ÌiÊ Ê`iÃ>ÃÌÀi» CBCBO MPT HJTFT FO FM L½OEFS -B DPTB QJOUB EFM QFSSB[P QBSB FM DJUBEP FTUBEP P TFB FO FM NF KPS EF MPT DBTPT "M½ #BC² TF WB B BQPEFSBS EFM BTVOUP EFTEF MVFHP SP CBOEP B MPT PUSPT MBESPOFT QPS UBOUP TF SFRVJFSF VO WFSEBEFSP NJ MBHSP QBSB RVF OP HBOF VOP QPSRVF BRV½ VOP UFOES² RVF HBOBS MP DVBM FT ESBN²UJDP FO TFSJP :P OP T¹ TJ TF BDVFSEF QFSP FM UBM &SVWJFM FOUSÂ DPO NVZ CVFOBT DBMJGJDBDJPOFT EF MPT BDUVBMFT OJOHVOP TF TBM WB CVFOP IBZ VOB JOEFQFOEJFOUF DVZP JOUFS¹T FT TJNQMFNFOUF BOFD EÂUJDP Z MP ÈOJDP RVF QSFUFOEF FT HBTUBS MPT [BQBUPT FO MB QJTUB EF CBJ MF QPS UBOUP FTU² OBEB N²T QBSB RVF MB EFKFO CBJMBS DPO FTP HBOB 4F IBCMÂ NVDIP EF MPT JOEFQFOEJFOUFT QFSP OP TF IB IBCMBEP EFM QMBUBM RVF TF OFDFTJUB QBSB RVF BMHVOP EF FMMPT HBOF EF NPEP RVF TJHP TPTUFOJFOEP RVF VO EFCBUF TJO FEFD²O FT DPNP VO E½B TJO TPM Z OBEB N²T QPSRVF T¹ RVF MBT DPNJTJPOFT EF EFSFDIPT IVNBOPT TF EFEJDBO FY DMVTJWBNFOUF B RVF MPT CFDBEPT BHSBDJBEPT DPO MPT OPNCSBNJFOUPT DP

CSFO BM UJFNQP RVF TF DPNFO MPT NPDPT QFSP TJ BDUVBSBO FO VO N½OJ NP BTQFDUP EF EFGFOTB EF FTUPT TBDSPTBOUPT EFSFDIPT QSPUFHFS½BO B MB QPCMBDJÂO DPOUSB UBO JOGBNFT FKFSDJDJPT RVF TPO WFSEBEFSBNFOUF VO BUBRVF B DVBMRVJFS BDUP EF JOUFMJHFODJB P EF DPOWJWFODJB TPDJBM 1PS UBOUP IF MMFHBEP B VOB EFGJOJDJÂO EF MP RVF FT VO EFCBUF RVF FT VO BSUJGJDJP FMFDUPSBM DVZP ÈOJDP BUSBDUJWP EFQFOEFS² EF MB CFMMF[B EF MB FEFD²O RVF TF DPOUSBUF QBSB FM FGFDUP Z RVF QPS MP HFOFSBM BEF N²T EF DPCSBS FT VUJMJ[BEB QPS MPT DBOEJEBUPT RVF WBO QFSEJFOEP DPO MB FTQFSBO[B EF RVF FM RVF WBZB HBOBOEP EJHB BMHVOB JNCFDJMJEBE RVF MP IBHB QFSEFS QPQVMBSJEBE MP RVF DBTJ OVODB TVDFEF QFSP EF BI½ B RVF IBZB BMHÈO BDUP EF JOUFMJHFODJB IBZ NVDIB EJTUBODJB -PT EFCBUFT TPO VTBEPT DPMBUFSBMNFOUF DPNP DVSBDJÂO FO DBTPT EF JOTPNOJPT QBUPMÂHJDPT Z MB DBOUJEBE EF BVEJFODJB TF NJEF QPS FM OÈNFSP EF TVJDJEBEPT FO FTF QFS½PEP !DBSMPTNPSTB


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.