*NBHFOT EB RVBSUB QBSFEF QFMB Dร NBSB DMBSB
&N P 1SPKFUP "OVร SJPT 'PUPHSร รถDPT 5FBUSBJT BQPOUPV TVBT MFOUFT QBSB PT FTQFUร DVMPT EP 5FBUSP 4FTJ 3JP 7FSNFMIP OVNB QBSDFJSB JOร EJUB RVF QSPQPSDJPOPV B DPOTUSVร ร P EF VNB NFNร SJB WJTVBM DPN WBMPS FTUร UJDP F IJTUร SJDP "T JNBHFOT EFTUF MJWSP SFDSJBN FTQBร PT Dร OJDPT USBEV[FN QFSGPSNBODFT ESBNร UJDBT SFJOUFSQSFUBN OBSSBUJWBT .PTUSBN BP Qร CMJDP BPT EJSFUPSFT BUPSFT F FRVJQF Uร DOJDB DPOรถHVSBร ร FT FTQBDJBJT QSร QSJBT EP DPSUF GPUPHSร รถDP $FOBT RVF FNCPSB SFDPSUBEBT B QBSUJS EP FTQBร P FN USร T EJNFOTร FT EP UFBUSP Tร FYJTUFN OP RVBESP EB GPUPHSBรถB " Dร NFSB DBQUVSB JOTUBOUFT EB JOUFSQSFUBร ร P BT MFOUFT BQSPYJNBN F BGBTUBN PT QMBOPT 6NB PVUSB BSUF VNB PVUSB FYQFSJร ODJB "HSBEFDFNPT B FRVJQF EP 5FBUSP EP 4FTJ QFMB DPOรถBOร B F BQPJP TFN PT RVBJT FTUF USBCBMIP Oร P UFSJB TJEP QPTTร WFM 0T "OVร SJPT 'PUPHSร รถDPT 5FBUSBJT BUJWJEBEF QFSNBOFOUF EP -BCPSBUร SJP EF 'PUPHSBรถB EB 'BDVMEBEF EF $PNVOJDBร ร P 6'#" Tร P QSPEV[JEPT EFTEF +PTร .BNFEF $PPSEFOBEPS 1SPKFUP "OVร SJPT 'PUPHSร รถDPT 5FBUSBJT
5FBUSP 4&4* 3JP 7FSNFMIP
-PDBMJ[BEP OP CBJSSP EP 3JP 7FSNFMIP FN VN DBTBSร P BOUJHP DPOTUSVร EP OB ย NFUBEF EP Tร DVMP 9*9 P 5FBUSP 4&4* 3JP 7FSNFMIP GVOEBEP OP EJB EF NBSร P EP BOP EF TF DPOTPMJEPV DPNP VN QPMP EJWVMHBEPS F JODFOUJWBEPS EB DVMUVSB MPDBM /P JNQPSUBOUF NPNFOUP EF DPNFNPSBร ร P EPT TFVT BOPT TVSHF FTUF QSFTFOUF FTUB QBSDFSJB DPN P -"#'050 EB 'BDVMEBEF EF $PNVOJDBร ร P EB 6'#" QBSB SFBMJ[BS PT SFHJTUSPT GPUPHSร รถDPT EBT BUJWJEBEFT EVSBOUF P BOP EF DVMNJOBOEP DPN FTUF CFMP MJWSP RVF EJWVMHB B EJWFSTJEBEF BQSFTFOUBEB OFTUF FTQBร P /FTUF UFNQP DPOTPMJEBNPT OPTTB NJTTร P DPNP VNB $BTB EF &EVDBร ร P F $VMUVSB GPDBEB OP BDFTTP F GPSNBร ร P EF Qร CMJDPT /PTTBT Bร ร FT QSPNPWFN P EFTFOWPMWJNFOUP IVNBOP BUSBWร T EP GB[FS TFOUJS F SFรธFUJS DVMUVSB F DPOUB DPN B QBSDFSJB EPT BSUJTUBT CBJBOPT QBSB HBSBOUJS FTUB GSVJร ร P 0 5FBUSP WFN TF SFOPWBOEP B DBEB BOP UFOEP B &DPOPNJB $SJBUJWB DPNP TFV DPODFJUP EF EFTFOWPMWJNFOUP VOJOEP DVMUVSB UFDOPMPHJB F FDPOPNJB 1BSB PT QSร YJNPT BOPT P 5FBUSP TF UPSOB VN DFOUSP EF DPOUFร EPT DVMUVSBJT QPUFODJBMJ[BOEP TVB QSPHSBNBร ร P FN EJWFSTPT TVQPSUFT JOUFSBUJWPT BVNFOUBOEP B BCSBOHร ODJB F B WJTJCJMJEBEFT EPT BSUJTUBT QBSDFJSPT DPOUSJCVJOEP BTTJN QBSB P EFTFOWPMWJNFOUP FDPOร NJDP EB DVMUVSB CBJBOB 0CSJHBEB ร FRVJQF -BCGPUP 3PTB .BSJB 7JMMBT #PBT 'FSOBOEF[ (FSFOUF EP 5FBUSP 4&4* 3JP 7FSNFMIP
'PUPT -FPOBSEP 1BTUPS
'PUPT 5BZTF "SHÙMP
'PUPT "HOFT $BKBJCB
'PUPT "OB 1BVMB 4BOUPT
'PUP "OB 1BVMB 4BOUPT
'PUP 5BUZ "MCFSUB[[J 'PUP 5IBNJSFT 5BWBSFT
'PUPT "OB 1BVMB 4BOUPT
'PUPT :VSJ 3PTBU
'PUP -BSB .BJBUP
'PUP "NBOB %VMUSB
'PUPT :VSJ 3PTBU
'PUPT :VSJ 3PTBU
'PUPT 5BZTF "SHÙMP
'PUPT 1BUSJDL 4JMWB
'PUP +VMJFO ,BSM
'PUPT "NBOB %VMUSB
'PUPT "OB 1BVMB 4BOUPT
'PUP 5IBNJSFT 5BWBSFT
'PUP "OB 1BVMB 4BOUPT 'PUP 5IBNJSFT 5BWBSFT
'PUPT :VSJ 3PTBU
'*$)" 5²$/*$"
" 'JMIB EP .FJP
$PODFQÎÍP 5FYUP F %JSFÎÍP -FJMB (PNFT 1SPEVÎÍP &SJ 4PV[B &MFODP "OB &MJTB 4VQSB &TUFMB 4FSSBOP -FJMB (PNFT 4JTTJ EF .FMP 4PUFS 9BWJFS F 4UFMMB $BNQPT 5FD EF -V[ "SJFMUPO 1FSFJSB 5FD EF 4PN .BSDJP 1PSUVHB $FOPUÏDOJDP "SJFMUPO5BUÈ
"MFYBOESF -FÍP
%JSFÎÍP "OESF[ÍP 4JNÜFT "SUJTUBT "MFYBOESF -FÍP 7P[ F 7JPMÍP %BOJFMB 1FOB 1FSDVTTÍP +VSBOEJS 4BOUBOB (VJUBSSB *TSBFM 3BNPT CBJYP .BSDP EF $BSWBMIP 5FDMBEPT F &E $BSMPT CBUFSJB 1SPEVUPSFT "MFYBOESF -FÍP "OESF[ÍP 4JNÜFT F &TUSFMB EP .BS 5ÏDOJDP 3FTQPOTÈWFM *WP $PODFJÎÍP F "MFYBOESF -FÍP
"MJOF 4PV[B
%JSFÎÍP -VJ[ #BOEFJSB .ÞTJDPT "SMFTTPO WJPMÍP 3FOBUP -VB QFSDVTTÍP *TSBFM UFDMBEP )VHP CBUFSJB 3PEPMGP TBYPGPOF $BSMJOIPT HVJUBSSB -VDBT DBWBDP %JSFÎÍP .VTJDBM "SMFTTPO F 3FOBUP -VB 1SPEVUPSFT "SMFTTPO 4PV[B F 3FOBUP -VB
"OESFJB 1SBEIP TIPX /PWB $FOB
"OESFJB 1SBEIP WP[ .ÞTJDPT .PJTÏT (BCSJFMMJ CBJYP ;JUP .PVSB UFDMBEP 3JDBSEP .BSRVFT 4BOUJBHP HVJUBSSB %JOIP -PNBOUP #BUFSJB %JSFÎÍP "SUÓTUJDB .BSDFMP 1SBEEP %JSFÎÍP .VTJDBM .PJTÏT (BCSJFMMJ
"UJSF B 1SJNFJSB 1FESB
%JSFÎÍP -VJ[ .BSGV[ 5FYUP $MFJTF .FOEFT F 'FSOBOEP 4BOUBOB &MFODP "SJBOF 4PV[B %BOJFM $BMJCBN %BOJMP $BJSP 'FSOBOEP 4BOUBOB 'FSOBOEP 4BOUBOB +BOF 4BOUB $SV[ -BSB $PVUP 3VIBO "MWBSFT F -VJTB .VSJDZ
1SPEVUPSFT "SJBOF 4PV[B %BOJMP $BJSP F 'FSOBOEP 'JMIP 5ÏDOJDP 3FTQPOTÈWFM 5BSDJP 1JOIFJSP %JSFÎÍP .VTJDBM F 5SJMIB 4POPSB -VDJBOP #BIJB $FOÈSJP 3PESJHP 'SPUB *MVNJOBÎÍP 'FSOBOEB 1BRVFMFU 'JHVSJOP .JHVFM $BSWBMIP .BRVJBHFN 3PCFSUUP -BQMBOF $PSFPHSBöBT .BSJM[B 0MJWFJSB 1SFQBSBÎÍP EF $BOUP .BSDFMP +BSEJN
#BSMBWFOUP .BSJTDBEB OB 3PEB
.ÞTJDPT %BWJETPO 'FSOBOEFT WP[ )BNJMUPO 3FJT WPDBM F WJPMÍP $JSP 4BUVSOJOP QBOEFJSP "MPÓTJP 4JMWB DBWBDP )FOSJRVF "MNFJEB QFSDVTTÍP 3JDBSEP )BSENBO QFSDVTTÍP F +BETPO 4BOUPT QFSDVTTÍP 1SPEVUPSFT 7BOFTTB $PTUB F 4BSB 3JCFJSP
#FOFEJUB
5FYUP %JSFÎÍP F "UVBÎÍP #SVOP EF 4PVTB 0SJFOUBÎÍP F $PMBCPSBÎÍP ESBNBUÞSHJDB 'ÈCJP 7JEBM F %BOJMP 1JOIP %JSFÎÍP EF 1SPEVÎÍP 'ÈCJP 5BWBSFT "TTJTUFOUFT EF QSPEVÎÍP 'FMJQF 'FSSFJSB "ESJBOB -JTCPB F 7JDUPS 7JUPSJP $FOPHSBöB 3PESJHP 'SPUB 5SJMIB 4POPSB -FBOESP 7JMMB 'JHVSJOP %JBOB .PSFJSB %FTFOIP EF -V[ 1FESP %VMUSB %JSFÎÍP .VTJDBM %BOJMP 7BMBEÍP 0Q MV[ "OB "OUBS 0Q 4PN %BOJFMF 'JM .BRVJBHFN 3BNPOB "[FWFEP 5ÏDOJDP 3FTQPOTÈWFM "ESJBOB -JTCPB
$BMBOHB[PP 2VBSUB %JNFOTÍP
.ÞTJDPT $FCPMB 1FTTPB 7P[ F HVJUBSSB -FP "CSFV CBUFSJB #PC /VOFT CBJYJTUB "OEFM 'BMDÍP (VJUBSSB
$POWJEBEPT $BQJUÍP $PNFUP F .FV "NJHP 1FESP
$IPSP EP 6JSBQVSV FN IPNFOBHFN B "EFOJMEF 'POTFDB
.ÞTJDPT "OB 5PNJDI WP[ F QBOEFJSP .BSDFMP #BHBOP 4BYPGPOF $BSMPT $IFOBVE 7JPMÍP EF 3PCTPO #BSSFUP 7JPMÍP
$JSDP EF 6N )PNFN 4Ø
%JSFÎÍP UFYUP F FMFODP +PÍP -JNB
$MÈVEJB .PVSB
%JSFÎÍP 0DUÈWJP .PVSB .ÞTJDPT (JSPVY 8BO[JMFS #BJYJTUB /FJ .PVSB CBUFSJB ;JUP .PVSB UFDMBEP +PTÏ 0DUBWJP UFDMBEP %BOJMP WJPMJOJTUB 5JUÍ "MWFT WPDBM /FUP .PVSB WPDBM $MBVEJB .PVSB WP[ 1SPEVUPSFT $MÈVEJB .PVSB F 0DUÈWJP .PVSB 5ÏDOJDP 3FTQPOTÈWFM +PSHF "CSFV
$SJBOÎB Ï RVF FV OÍP TPV
%JSFÎÍP -VDJBOB 3PDIB 5FYUP 'SBHNFOUPT QPÏUJDPT F ESBNÈUJDPT EF "ESJBOB 'BMDÍP "SOBMEP +BCPS $FDÓMJB .FJSFMFT $BJP 'FSOBOEP "CSFV %JFHP "MDÉOUBSB .BSJB .BSJBOB F FMFODP &MFODP %BOJFMF "SBÞKP +BOBÓOB 4BOUPT -È[BSP +ÞOJPS -FMP 3ÏHJT -ÓMJBO -JNB .BUIFVT .FMMP /FJETPO -JNB F 5IBJOBSB .FJSFMFT *MVNJOBÎÍP 5IJBHP 4JMWB $FOÈSJP 7BHOFS #SÈ[ .BRVJBHFN &SJLB .BJB 1SPEVUPSB "MJOF #JTQP 5ÏDOJDP 3FTQPOTÈWFM 5IJBHP 4JMWB
$SJT E «WJMB F 4JNPOF .PUUB 4BNCB EF .PSSP %JSFÎÍP .VTJDBM -VJ[ "TB #SBODB %JSFÎÍP BSUÓTUJDB 'BGÈ .PVSB .ÞTJDPT $SJT E «WJMB F 4JNPOF .PUUB WP[ -VJ[ "TB #SBODB 7JPMÍP F 7JPMB $IJDP "T #BUFSJB *WBO #BTUPT #BJYP 1SPEVSUPSB $SJT E «WJMB 5ÏDOJDP 3FTQPOTÈWFM *WP $PODFJÎÍP
%ÍP F B $BSBWBOBCMBDL
.ÞTJDPT %ÍP DBOUPS F WJPMÍP "MNJS "[FWFEP #BJYP .BUFVT 0MJWFJSB HVJUBSSB *HPS 4JMWB CBUFSJB 1BVMP $FTBS UFDMBEP +PTÏ $BSMPT 1FSDVTTÍP /JMUPO 0MJWFJSB )PMEJF .BUIFVT #FMBT UFDOJDP 1SPEVUPSFT "OUPOJP 6[FEB
%F 4PM EF $ÏV F EF -VB
%JSFÎÍP .BSDPOJ "SBQPOHB 5FYUP -VDJBOB $PNJO .BSDPOJ "SBQPOHB F .BSJBOB .PSFOP "USJ[FT -VDJBOB $PNJO F .BSJBOB .PSFOP "USJ[FT TUBOE JO .BSUJOB 1JNFOUB F .BSJUB 7FOUVSB 1SPEVUPSB 5FDB 5FBUSP 0VUSBT "SUFT F #BÞ 1SPEVÎÜFT 5ÏDOJDP 3FTQPOTÈWFM .BSDPOJ "SBQPOHB
%Þ .BSRVFT EF $PSQP F "MNB
%JSFÎÍP .VTJDBM $IJDP 0MJWFJSB %Þ .BSRVFT %JSFÎÍP "SUÓTUJDB 4BOESB 4JNÜFT .ÞTJDPT %Þ .BSRVFT WP[ WJPMÍP DPSEBT F DBWBRVJOIP $IJDP 0MJWFJSB 7JPMÍP F (VJUBSSB -ETPO (BMUFS #BJYP .BSDJP %IJOJ[ #BUFSJB 4LFSEJOIB F -VJT -B[BSP 1FSDVTTÍP 1SPEVUPSB 'MÈWJB .PUUB
+PÍP (PO[BHB .BUBSBOEJCB
%JSFÎÍP -VJ[ #BOEFJSB .ÞTJDPT +PÍP (PO[BHB 7PDBM "MFY $BDIPFJSB USPNCPOF 4JWBMEP 4BNQBJP UFDMBEP F TBOGPOB /FMNBSJP .BSRVFT DPOUSB CBJYP 8FOEFM 4PBSFT (VJUBSSB "MBO "OESBEF CBUFSJB 1SPEVUPS 3PCFSUP 0MJWFJSB 5ÏDOJDP FTQPOTÈWFM 4JWBMEP 4BNQBJP
+PHP EB .FNØSJB
%JSFÎÍP (FPSHF .BTDBSFOIBT 5FYUP %FCPSBI .PSFJSB &MFODP (FPSHF .BTDBSFOIBT F %FCPSBI .PSFJSB 1SPEVUPSFT (JM F $BOFMMB 1SPEVÎÜFT .BSÓMJB (JM F 1JUJ $BOFMB F 1BENB 1SPEVÎÜFT %FCPSBI .PSFJSB 5ÏDOJDP 3FTQPOTÈWFM &MJFETPO 3PTB
(SVQP .BOEBJB
.ÞTJDPT -VMB (B[JOFP 7JPMÍP )ÏMJP (B[JOFP WJPMÍP "OF .PSHBOB .PSFOP øBVUB (JMTPO 7FSEF WJPMÍP EF TFUF DPSEBT F DBWBDP F 4FCBTUJBO /PUJOJ QFSDVTTÍP
.BSHBSFUI .FOF[FT i1BSB (JM $BFUBOPw
1BOPT F .BOHBT $POWJEB
0 .BHP .VTUBGÈ
1BSUJTUF
%JSFÎÍP .BSHBSFUI .FOF[FT F "MFYBOESF -FÍP .ÞTJDPT .BSHBSFUI .FOF[FT WP[ "MFYBOESF -FÍP WPDBM F WJPMÍP %BOJFMB 1FOOB F (VUP .FTTJBT QFSDVTTÍP 5IÏP 4JMWB HVJUBSSB 1SPEVUPS &TUSFMB EP .BS 1SPEVÎÜFT %JSFÎÍP 3JOP $BSWBMIP F .BVSJDJP EF 0MJWFJSB 5FYUP .BVSJDJP EF 0MJWFJSB "UPS .BVSJDJP EF 0MJWJFSB 1SPEVUPS .BVSJDJP EF 0MJWFJSB 5ÏDOJDP SFTQPOTÈWFM .BVSJDJP EF 0MJWFJSB
0 4BMPOF
%JSFÎÍP (SVQP /BSJ[ EF $PHVNFMP 5FYUP (SVQP /BSJ[ EF $PHVNFMP &MFODP -VDBT $PVUP -BSJTTB 0MJWFJSB F -BJMJ 'MPSF[ 1SPEVUPSB 7JWJBOF "CSFV 5ÏDOJDP 3FTQPOTÈWFM -VJ[B #PDDB
0T *OHÐOVPT
.ÞTJDPT &ETPO 4FUF $PSEBT WJPMÍP DPSEBT PV $BSMJUP $IFOBVE WJPMÍP DPSEBT +BJMTPO $PFMIP WJPMÍP DPSEBT "OF .PSHBOB øBVUB PV &EVBSEP 4BOUPT øBVUB $BDBV EP 1BOEFJSP QBOEFJSP PV 4BVMP 5ÈDJP QBOEFJSP PV 4FCBTUJBO /PUJOJ QBOEFJSP %VEV 3FJT DBWBRVJOIP PV 8BTIJOHUPO 0MJWFJSB DBWBRVJOIP *WBO 4BDFSEPUF DMBSJOFUB PV +ÞMJP $BMEBT CBOEPMJN 1SPEVÎÍP )FTTFM 1SPEVÎÜFT
0WP F WJDF WFSTB
5FYUP F %JSFÎÍP +POFT .PUB &MFODP %BOJFM .PSFOP 'BCJBOB .BJB F -J[ /PWBJT 1SPEVUPSB /FJEF 'JSNP 1SPEVÎÍP &YFDVUJWB $BSMB -VDFOB 0QFSBÎÍP EF 4PN 1BVMB (PO[BHB 5ÏDOJDP SFTQPOTÈWFM .BSDVT -PCP
%JSFÎÍP 0MJWJFS -BNPSUIF .ÞTJDPT 'JMJQF EF "MNFJEB (BSDJB -PSFO[P 7P[ F WJPMÍP ¶UBMP %BWJE #SJUP .BSRVFT QFSDVTTÍP F 0MJWJFS -BNPSUIF QJBOP .ÞTJDPT $POWJEBEPT #SVOB #BSSFUP .BJSB -JOT 4PM "JBDF 'ÏMJY F 3BRVFM .POUFJSP %JSFÎÍP 1BVMP )FOSJRVF "MDÉOUBSB 5FYUP 1BVMP )FOSJRVF "MDÉOUBSB &MFODP *[BCFMB $PSUJ[P .BSHBSJEB -BQPSUF ,BSMB $BKBÓCB 4VF EF $BTUSP .ÈSDJB (JM #SB[ F +POFT .PUB 1SPEVUPSB *WBOB 4BOUBOB 5ÏDOJDP 3FTQPOTÈWFM -VÓT (VJNBSÍFT
1FESB -VOBS
.ÞTJDPT -J[ /PWBJT 7PDBM *WF "OESFTTPO 5PVSJOIP #BJYP F WPDBM "ESJBOP -JTCPB (VJUBSSB 'FMJQF /BTDJNFOUP 5FDMBEPT 7BMUFS .BJB #BUFSJB 1SPEVUPSFT -J[ /PWBJT F -VDJBOB 3PDIB 5ÏDOJDP 3FTPOTÈWFM /PSNBOEP 7PSMFZ
&SB VNB WF[ $POUBSJOB QPFTJB BOEBSJMIB
5FYUP DSJBÎÍP +PTJO 'FSOBOEFT *OUFSQSFUBÎÍP +PTJO 'FSOBOEFT 1SPEVUPSB +PTJO 'FSOBOEFT .ÞTJDP USJMIB TPOPSB "OESÏ "MNFJEB
4QFDUSP 5SJCVUP B 1JOL 'MPZE
.ÞTJDPT "MFY $BOHVÎV #BUFSJB "MPJTJP .FTTFEFS UFDMBEPT F WP[ .BVSÓDJP $BITUJOFU HVJUBSSB TPMP F WPDBJT .PBDJS .BMMBOESP #BJYP F WPDBJT &EVBSEP (JM (VJUBSSB WJPMÍP WPDBJT +VOJPS 4FOOB 1FSDVTTÍP FGFJUPT EF TBNQMFS "OHFMB .PVSB #BDLWPDBM +VMJBOB #BTUPT #BDLWPDBM 1SPEVUPSFT "MFY $BOHVÎV &EVBSEP (JM 5ÏDOJDP 3FTQPOTÈWFM &EVBSEP (JM