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;ϮϮ͘ ĨĞďƌƵĄƌĂͿ s ƉƌŝĞƐƚŽƌŽĐŚ ƉŽƐĄĚŬŽǀĠŚŽ ĐǀŝēŝƐŬĂ ^ƵēĂŶLJ ǀ ƉŽĚŚŽƌş DĂůĞũ &ĂƚƌLJ ǀLJǀƌĐŚŽůŝůĂ ǀLJǀĞĚĞŶşŵ ƉƌĂŬƟĐŬĄ ēĂƐƛ sLJƓƓŝĞŚŽ ƉŽĚĚƀƐƚŽũŶşĐŬĞŚŽ ŬƵƌnjƵ KZͲϳ͘ <Ƶƌnj ũĞ ƌŽnjĚĞůĞŶlj ĚŽ ĚǀŽĐŚ ĨĄnj͕ ůşĚĞƌƐŬĞũ Ă ŽĚďŽƌŶĞũ͘ KďĞ ƟĞƚŽ ĨĄnjLJ ƐĂ ǀLJŬŽŶĄǀĂũƷ ǀ WŽĚĚƀƐƚŽũŶşĐŬĞũ ĂŬĂĚĠͲ ŵŝŝ Ă ƉůLJŶƵůĞ ŶĂ ƐĞďĂ ŶĂĚǀćnjƵũƷ͘ ŝĞűŽŵ ƉƌǀĞũ ĨĄnjLJ ŬƵƌnjƵ ũĞ ƉƌŝƉƌĂǀŝƛ ŬǀĂůŝĮŬŽǀĂŶĠŚŽ ƉƌŽĨĞƐŝŽŶĄůŶĞŚŽ ǀŽũĂŬĂ ŶĂ njşƐŬĂŶŝĞ ŽĚďŽƌŶljĐŚ ƉƌĞĚƉŽͲ ŬůĂĚŽǀ ŶĂ ƉŽǀljƓĞŶŝĞ ĚŽ ǀŽũĞŶƐŬĞũ ŚŽĚŶŽƐƟ ƌŽƚŵĂũƐƚĞƌ͕ ŶĂĚƌŽƚŵĂũƐƚĞƌ Ă ŶĂ ǀĞĚĞŶŝĞ Ă ƌŝĂĚĞŶŝĞ ǀŽũĞŶƐŬĞũ ũĞĚͲ ŶŽƚŬLJ ŶĂ ƐƚƵƉŶŝ ēĂƚĂ͘ s ĚƌƵŚĞũ ĞƚĂƉĞ ƐĂ ƵƐŬƵƚŽēŸƵũĞ ŬŽŵƉůĞdžŶlj ǀljĐǀŝŬ͕ ǀLJŚŽĚŶŽƚĞŶŝĞ njǀůĄĚŶƵƟĂ ƐƚĂŶŽǀĞͲ ŶljĐŚ ĐŝĞűŽǀ ĞƚĂƉLJ Ă ĐĞůŬŽǀĠ ǀLJŚŽĚŶŽƚĞŶŝĞ ƷƌŽǀŶĞ ƷƐƉĞƓŶŽƐƟ ĨƌĞŬǀĞŶƚĂŶƚŽǀ ƉŽēĂƐ ĐĞůĠŚŽ ŬƵƌnjƵ͘ ŝĞűŽŵ ĚƌƵŚĞũ ĞƚĂƉLJ ũĞ ƉƌĂŬƟĐŬLJ ƉƌĞǀĞƌŝƛ ĨƌĞŬǀĞŶƚĂŶƚŽǀ nj ǀŽĚĐŽǀƐŬljĐŚ͕ ƚĂŬƟĐŬljĐŚ njƌƵēŶŽƐơ Ă nj ǀĞĚŽŵŽƐơ ŶĂĚŽͲ ďƵĚŶƵƚljĐŚ ƉŽēĂƐ ƉƌǀĞũ ĞƚĂƉLJ͘ EĂ ŬƵƌnjĞ͕ ŬƚŽƌlj ƚƌǀĄ ƐĞĚĞŵ ƚljǎĚŸŽǀ ƐĂ njƷēĂƐƚŸƵũĞ ϯϯ ĨƌĞŬǀĞŶƚĂŶƚŽǀ nj ĐĞůljĐŚ KnjďƌŽũĞŶljĐŚ Ɛşů ^Z͘ ŶĂēŶĄ ēĂƐƛ nj ŶŝĐŚ ŵĄ Ƶǎ ĂƚĠ ƐŬƷƐĞŶŽƐƟ ŶŝĞůĞŶ nj ƉůŶĞŶŝĂ ƷůŽŚ

ǀŽ ƐǀŽũŝĐŚ ŵĂƚĞƌƐŬljĐŚ ǀŽũĞŶƐŬljĐŚ ƷƚǀĂƌŽĐŚ͕ ĂůĞ Ăũ ǀ ŽƉĞƌĄĐŝĄĐŚ ŵĞĚnjŝŶĄƌŽĚŶĠŚŽ ŬƌşnjŽǀĠŚŽ ŵĂŶĂǎŵĞŶƚƵ͘ EĂƉƌşŬůĂĚ ǀĞůŝĂĐŝ ƉŽĚĚƀƐƚŽũŶşŬ ēĂƚLJ ƌŽƚŵĂũƐƚĞƌ dŽŵĄƓ EĠŵĞƚ nj ŵĂƌƟŶƐŬĠŚŽ ŽƉƌĂǀĄƌĞŶƐŬĠŚŽ ƉƌĄƉŽƌƵ ŵĄ ƐŬƷƐĞŶŽƐƟ nj ŶĂƐĂĚĞŶŝĂ ƐƉŽůŽēŶĞ Ɛ ĐŚĞŵŝŬŵŝ ǀ <ƵǀĂũƚĞ͕ ĂůĞ Ăũ ǀ ŽƉĞƌĄĐŝŝ /^ & ǀ ĨŐĂŶŝƐƚĂŶĞ͕ ŬĚĞ ĚǀĂ ƌĂnjLJ ƉƀƐŽͲ ďŝů ǀ dĂƌŝŶ <ŽǁƚĞ ĂŬŽ ƉƌşƐůƵƓŶşŬ KD>ͲơŵƵ͘ aƉĞĐŝĂůŝƐƚĂ W^zKW^ nj ƚƌĞŶēŝĂŶƐŬĞŚŽ ƉƌĄƉŽƌƵ ƉŽĚƉŽƌLJ ǀĞůĞŶŝĂ ƌŽƚŶlj ZĂƐƟƐůĂǀ <ŵĞƛŽ ďŽů ƟĞǎ ǀ <ƵǀĂũƚĞ͕ ĂůĞ Ăũ ǀ ŽƉĞƌĄͲ Đŝŝ &KZ ǀ ůďĄŶƐŬƵ͕ <&KZ ǀ <ŽƐŽǀĞ͕ ǀ /ƌĂŬƵ Ă ǀ ƵƉůLJŶƵͲ ůŽŵ ƌŽŬƵ ƉƀƐŽďŝů ǀ ĨŐĂŶŝƐƚĂŶĞ ǀ ƐƚƌĄǎŶĞũ ũĞĚŶŽƚŬĞ ǀ <ĂŶĚĂŚĂƌĞ͘ ĂƐƚƵƉƵũƷĐŝ ƐƚĂƌƓş ŝŶƓƚƌƵŬƚŽƌ ƌŽƚŵĂũƐƚĞƌ DĂƌƟŶ ^ƵͲ ƓŝĞŶŬĂ ƉŽnjŶĂŵĞŶĂů͕ ǎĞ ǀ ĚŽƚĞƌĂũƓŽŵ ƉƌŝĞďĞŚƵ ŬƵƌnjƵ Ɛŝ ŶĂũůĞƉƓŝĞ ǀĞĚƷ ƌŽƚŵĂũƐƚĞƌ dŽŵĄƓ EĠŵĞƚ Ă ƌŽƚŶş ZŽŵĂŶ ĂũĂĐnjŬŽǁƐŬŝ Ă ZƵĚŽůĨ <ƵďĂůŬĂ͘ dŽ ŶĂŬŽŶŝĞĐ ĚŽŬĄnjĂůŝ Ăũ ǀ ƌĄŵĐŝ ƐƚƌĞĚĂũƓŝĞŚŽ ĐǀŝēĞŶŝĂ͕ ŬĞě ƐĂ Ɖƌŝ ƉůŶĞŶş ƷůŽŚ ŵƵƐĞůŝ ŽŬƌĞŵ ŝŶĠŚŽ ǀLJƐƉŽƌŝĂĚĂƛ Ɛ ŽĚƌĂnjĞŶşŵ ƷƚŽŬƵ ƉƌŽƟǀŶşŬĂ͕ ŽƓĞƚƌĞŶşŵ njƌĂŶĞŶĠŚŽ ŬŽůĞŐƵ Ă ũĞŚŽ ƵƌljĐŚͲ ůĞŶljŵ ƚƌĂŶƐƉŽƌƚŽŵ ŶĂ njĄŬůĂĚŸƵ͘

H%8//(7,1 02 65 IHEUXiUD

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;Ϯϴ͘ ŵĂƌĐĂͿ KnjďƌŽũĞŶĠ ƐŝůLJ ^Z Ă ǀĞƌĞũŶŽƐƛ ƐĂ ǀ ƐƚƌĞĚƵ ƌŽnjůƷēŝůŝ ƐŽ njŶĄŵLJŵ ƷēĂƐƚŶşŬŽŵ ƉŽǀƐƚĂůĞĐͲ ŬljĐŚ ďŽũŽǀ Ă Ɖƌǀljŵ ƓĠĨŽŵ ƉƌǀĠŚŽ ĂƌŵĄĚŶĞŚŽ ƓƉŽƌƚŽǀĠŚŽ ŬůƵďƵ ŶĂ ^ůŽǀĞŶƐŬƵ Ͳ ƵŬůLJ ĂŶƐŬĄ LJƐƚƌŝĐĂ͕ /ŵƌŝĐŚŽŵ 'ŝďĂůŽŵ͘ dĞŶƚŽ ǀŽũŶŽǀlj ǀĞƚĞƌĄŶ njŽŵƌĞů ǀŽ ǀĞŬƵ ϵϭ ƌŽŬŽǀ ǀ ŶĞĚĞűƵ Ϯϱ͘ ŵĂƌĐĂ͕ ƉŽƐůĞĚŶĄ ƌŽnjůƷēŬĂ Ɛ Ŷşŵ ďŽůĂ ǀ ƵƚŽƌŽŬ ǀ ĂŶƐŬĞũ LJƐƚƌŝĐŝ ʹ <ƌĞŵŶŝēŬĞ͘ /ŵƌŝĐŚ 'ŝďĂůĂ ŚŶĞě ƉŽ ŵĂƚƵƌŝƚĞ ǀ ƌŽŬƵ ϭϵϰϭ ŶĂƐƚƷƉŝů ŶĂ ǀŽũĞŶƐŬƷ ƉƌĞnjĞŶēŶƷ ƐůƵǎďƵ ǀ >ĞǀŽēŝ͘ sŽ ĨĞďƌƵĄƌŝ ϭϵϰϮ ŚŽ ĂŬŽ ƉƌşƐůƵƓŶşŬĂ ϭϬϮ͘ ƉĞƓŝĞŚŽ ƉůƵŬƵ ĂŝƐƛŽǀĂĐĞũ ĚŝǀşnjŝĞ ǀLJƐůĂůŝ ŶĂ ǀljĐŚŽĚŶlj ĨƌŽŶƚ͕ ĂůĞ Ƶǎ ǀ ŽŬƚſďƌŝ ϭϵϰϮ ƐĂ ǀƌĄƟů ŶĂ ^ůŽǀĞŶƐŬŽ Ă njĂēĂů ƓƚƵĚŽǀĂƛ ŶĂ sŽũĞŶƐŬĞũ ĂŬĂĚĠŵŝŝ ǀ ƌĂƟƐůĂǀĞ͘ WŽ ƐŬŽŶēĞŶş ƓƚƷĚŝĂ ďŽů ϭϱ͘ ŵĄũĂ ϭϵϰϰ ĂŬŽ ƉŽƌƵēşŬ ƉƌŝĚĞůĞŶlj Ŭ ϯ͘ ƉĞƓŝĞŵƵ ƉůƵŬƵ ǀŽ ǀŽůĞŶĞ͘ WŽ ǀLJƉƵŬŶƵơ ^EW ƉƌĞƓŝĞů Ăũ Ɛ ũĞĚŶŽƚŬŽƵ Ŭ ƉĂƌƟnjĄŶŽŵ Ă ƐƉŽůƵ Ɛ Ŷŝŵŝ njĂďĞnjƉĞēŽǀĂů ŽďƌĂŶƵ ŽďĐĞ <ƌşǎĞ͘ WŽ ƉƌĞůŽŵĞŶş ŽďƌĂŶLJ ŽĚŝƓŝĞů ĚŽ ǀŽůĞŶĂ͕ ŬĚĞ ƐĂ ǀ ƐĞƉƚĞŵďƌŝ ϭϵϰϰ ƉƌŝŚůĄƐŝů ĚŽ ϭ͘ ĞƐŬŽƐůŽͲ ǀĞŶƐŬĞũ ĂƌŵĄĚLJ ŶĂ ^ůŽǀĞŶƐŬƵ͘ ŬŽ ǀĞůŝƚĞű ƐĂ ƐŽ ƐǀŽũŽƵ ƌŽƚŽƵ njƷēĂƐƚŶŝů ŶĂ ŽďƌĂŶŶljĐŚ ďŽũŽĐŚ ŶĂ ,ƌŽŶĞ Ăǎ ĚŽ ϭϬ͘ ŽŬƚſďƌĂ͕ ŬĞě Ɖƌŝ ,ƌŽŶƐŬĞũ ƌĞnjŶŝĐŝ ƵƚƌƉĞů ƛĂǎŬĠ njƌĂŶĞŶŝĞ͘ KĚ ŶŽǀĞŵďƌĂ ϭϵϰϱ ƐĂ njĂēĂůĂ ũĞŚŽ ŬĂƌŝĠƌĂ ƵďĞƌĂƛ ƐŵĞƌŽŵ Ŭ ǀŽũĞŶƐŬĞũ ƚĞůŽǀljĐŚŽǀĞ Ă ƓƉŽƌƚƵ͘ ŝĂűŬŽǀŽ ǀLJƓƚƵĚŽǀĂů /ŶƓƟƚƷƚ ƚĞůĞƐŶĞũ ǀljĐŚŽǀLJ Ă ƓƉŽƌƚƵ ŚŶĞě ŶĂ ĚǀŽĐŚ ƓŬŽůĄĐŚ Ͳ ŶĂ hŶŝǀĞƌnjŝƚĞ <ĂƌůŽǀĞũ ǀ WƌĂŚĞ Ă hŶŝǀĞƌnjŝƚĞ <ŽŵĞŶƐŬĠŚŽ ǀ ƌĂƟƐůĂǀĞ͘ s ƌŽŬƵ ϭϵϲϮ ƉƌĞǀnjĂů ĨƵŶŬĐŝƵ ŶĄēĞůŶşŬĂ <ĂƚĞĚƌLJ ƚĞůĞƐŶĞũ ǀljĐŚŽǀLJ Ă ƓƉŽƌƚƵ ǀŽ sLJƓƓŽŵ ǀŽũĞŶƐŬŽŵ ƵēŝůŝƓƟ ǀŽ sLJƓŬŽǀĞ ŶĂ DŽƌĂǀĞ͘ s Ɖƌǀlj ũĂŶƵĄƌŽǀlj ĚĞŸ ƌŽŬƵ ϭϵϲϴ ƐĂ ƐƚĂů ǀĞůŝƚĞűŽŵ ƌŵĄĚŶĞŚŽ ƐƚƌĞĚŝƐŬĂ ƵŬůĂ ĂŶƐŬĄ LJƐƚƌŝĐĂ͕ ŬĚĞ ƉƀƐŽďŝů Ăǎ ĚŽ ƌŽŬƵ ϭϵϳϮ͕ ŬĞě ƐĂ ƐƚĂů ŶĄēĞůŶşŬŽŵ <ĂƚĞĚƌLJ ƚĞůĞƐŶĞũ ǀljĐŚŽǀLJ Ă ƓƉŽƌƚƵ ŶĂ sLJƐŽŬĞũ ǀŽũĞŶƐŬĞũ ƓŬŽůĞ ƉŽnjĞŵŶĠŚŽ ǀŽũƐŬĂ ĂƌŵĄĚŶĞŚŽ ŐĞŶĞƌĄůĂ >͘ ^ǀŽďŽĚƵ ǀŽ sLJƓŬŽǀĞ ŶĂ DŽƌĂǀĞ͘ s ƌŽŬƵ ϭϵϳϲ ƐĂ Ƶǎ ĂŬŽ ǀŽũĞŶƐŬlj ĚƀĐŚŽĚĐĂ ǀƌĄƟů ĚŽ ĂŶƐŬĞũ LJƐƚƌŝĐĞ͘ ƓƚĞ ŶŝĞŬŽűŬŽ ŶĂƐůĞĚƵũƷĐŝĐŚ ƌŽŬŽǀ ƉƌĂĐŽǀĂů ĂŬŽ ŽĚďŽƌŶlj ĂƐŝƐƚĞŶƚ ŶĂ <ĂƚĞĚƌĞ ďƌĂŶŶĞũ ǀljĐŚŽǀLJ WĞĚĂŐŽŐŝĐŬĞũ ĨĂŬƵůƚLJ ǀ ĂŶƐŬĞũ LJƐƚƌŝĐŝ͘

H%8//(7,1 02 65 PDUFD DSUtOD

/HWFL VL PHUDOL VLO\ DSUtOD 1D FYLþHQt 1$72 (DJOH 7DORQ Y 3RĐVNX QDãL VHYHUQt VXVHGLD QDVDGLOL 6X DM VYRMH QDMQRYãLH VWtKDþN\ ) 1H PHFNt SDUWQHUL SULOHWHOL QD VHYHU 3RĐVND VR VWtKDþNDPL (XURILJK WHU () 9]GXãQp V~ERMH VR V~þDVQRX YRMHQVNRX VWtKDFRX WHFKQLNRX VSRMHQFRY ]YiG]DOL SLORWL VORYHQVNêFK VWtKDþLHN 0L* &YLþHQLH 1$72 (DJOH 7DORQ EROR Y 3RĐVNX DOH SRGĐD VFHQiUD SRGXMDWLD VD ÄNRQIOLNW³ RGRKUiYDO LQGH 1iPHW FYLþHQLD SR]RVWi YDO ]R VLWXiFLH YR ILNWtYQHM NUDMLQH NGH MH QXWQp SRGSRULĢ NRDOLþQp SR]HPQp MHGQRWN\ ]R Y]GXFKX 3RþDV SOQHQt MHGQRWOLYêFK PLVLt FYLþHQLD EROR V~þDVQH QD REORKH YLDF DNR OLHWDGLHO ] WURFK NUDMtQ 3RþDV WURFK GQt VD 6ORYiFL ]DSRMLOL GR GYRFK PLVLt 9 SUYHM LãOR R Y]GXãQ~ QDGYOiGX NHć QDãH 0L* \ ERMRYDOL V ) NDPL 9 GUXKHM PLVLL QDFYLþRYDOL SRGSRUX VSRMHQHFNêFK OLHWDGLHO 68 SUL LFK ~WRNX QD SR]HPQp FLHOH 3UtVOXãQtFL ]PLHãDQpKR NUtGOD 6OLDþ VD ]~þDVWQLOL QD FYLþHQt (DJOH 7DORQ Xå ãWYUWêNUiW =iPHURP EROR SUH FYLþLĢ YHGHQLH VSRORþQêFK WDNWLFNêFK OHWHFNêFK RSHUiFLt NUDMtQ 1$72 D ]HIHNWtYQLĢ WDN Y]iMRPQ~ VSROXSUiFX SUL YHGHQt ERMRYêFK RSHUiFLt Ɣ 9êVWUHO ] PtQRPHWX RGãWDUWRYDO Y 3DUWL]iQVNRP %HK RVORER GHQLD L RVODY\ YêURþLD RVORERGHQLD PHVWD 3RGXMDWLH SRGSR ULOL SURIHVLRQiOQL YRMDFL ]R 6NXSLQ\ SHUVRQiOQHKR GRSOĖRYDQLD ] Ò]HPQHM YRMHQVNHM VSUiY\ 7UHQþtQ PHFKDQL]RYDQpKR SUi SRUX 1LWUD D SUiSRUX ORJLVWLFNHM SRGSRU\ 7RSRĐþDQ\ 1HFKêEDO DQL .OXE YRMHQVNHM KLVWyULH %XNRYLQD ] 0DUWLQD Y GRERYêFK XQL IRUPiFK ] GUXKHM VYHWRYHM YRMQ\ Ɣ 3UL SUtOHåLWRVWL YëURÿLD RVORERGHQLD PHVWD 3H]LQRN SR ORåLO Y SRQGHORN DSUtOD N 3RPQtNX RVORERGLWHĐRY YHQLHF QiþHO QtN *HQHUiOQHKR ãWiEX 26 65 JHQHUiOPDMRU 3HWHU 9RMWHN VSROX V SUHGVWDYLWHĐPL PHVWD D REYRGQpKR ~UDGX Y 3H]LQNX PLPR ULDGQ\P D VSOQRPRFQHQêP YHĐY\VODQFRP 5XVNHM )HGHUiFLH Y 6ORYHQVNHM UHSXEOLNH 3DYORP .X]QHFRYRP þOHQPL =Yl]X SURWL IDãLVWLFNêFK ERMRYQtNRY D ćDOãtPL REþDQPL PHVWD

1RYì PLQLVWHU REUDQ\ ;ϰ͘ ĂƉƌşůĂͿ DŝŶŝƐƚƌŽŵ ŽďƌĂŶLJ ^Z ƐĂ ƐƚĂů DĂƌƟŶ 'ůǀĄē͘ WŽǀĞƌĞŶŝĞ ŶĂ ƌŝĂĚĞŶŝĞ ƌĞnjŽƌƚƵ ŵƵ ƉŽƉŽůƵĚŶş ŽĚŽǀnjĚĂů ƉƌĞnjŝĚĞŶƚ ^Z /ǀĂŶ 'ĂƓƉĂƌŽǀŝē͘ ͣ Ž ƚŽŚƚŽ ƌĞnjŽƌƚƵ ƉƌŝͲ ĐŚĄĚnjĂŵ ĂŬŽ Đŝǀŝů Ɛ ǀĞűŬŽƵ ƉŽŬŽƌŽƵ Ă ďƵĚĞŵ ƐĂ ƐŶĂǎŝƛ͕ ēŽ ŶĂũǀŝĂĐ ƉŽēƷǀĂƛ ŽĚďŽƌŶşŬŽǀ͕ ƐŶĂǎŝƛ ƐĂ ŶĂƐŝĂŬŶƵƛ ēŽ ŶĂũǀŝĂĐ ƉƌŽďůĞŵĂƟŬLJ Ă ŽĚďŽƌŶŽƐƟ͕ ĂďLJ ƐŽŵ ǀĞĚĞů ǀĞĐŝ ƐƉƌĄǀŶĞ ǀLJŚŽĚŶŽƟƛ Ă ƌŽnjŚŽĚŶƷƛ͕͞ ƉŽǀĞĚĂů ŵŝŶŝƐƚĞƌ 'ůͲ ǀĄē͘ ŬŽ ěĂůĞũ ƵǀŝĞĚŽů͕ Ɛ ƉƌĞĚƐƚĂǀŝƚĞűŵŝ ŽnjďƌŽũĞŶljĐŚ Ɛşů ĐŚĐĞ ŚŽǀŽƌŝƛ Ž ƚŽŵ͕ ēŽ ƚƌĞďĂ ǀLJƌŝĞƓŝƛ ŶĂũƐŬƀƌ͘ ͣ^ƷŚůĂƐşŵ Ɛ ƚljŵ͕ ǎĞ ƉƌĞƐƚĂů ēĂƐ ĂŶĂůljnj͕ ĂůĞ ƚƌĞďĂ ŶĂŽnjĂũ ƌŽďŝƛ Ăũ ƌĄnjŶĞ ŬƌŽŬLJ͕ ĂďLJ ďŽůŽ ƉŽ ƵƌēŝƚŽŵ ēĂƐĞ ǀŝĚŝĞƛ Ăũ ŶĞũĂŬĠ ǀljƐůĞĚŬLJ͕͞ njĚƀƌĂnjŶŝů ŶŽǀŽǀLJŵĞŶŽǀĂŶlj ƓĠĨ ƌĞnjŽƌƚƵ ŽďƌĂͲ ŶLJ͘ WƌĞĚ njĂŵĞƐƚŶĂŶĐĂŵŝ ƌĞnjŽƌƚƵ ŽďƌĂŶLJ ĚŶĞƐ ěĂůĞũ ƵǀŝĞͲ ĚŽů͕ ǎĞ űƵĚŝĂ͕ ŬƚŽƌş ďƌĄŶŝĂ ǀůĂƐƛ ͕ŵĂũƷ ŵĂƛ ƉƌŝŵĞƌĂŶĠ ƐŽͲ ĐŝĄůŶĞ njĂďĞnjƉĞēĞŶŝĞ Ă ƚĂŬŝƐƚŽ Ăũ ŝĐŚ ƌŽĚŝŶĂ͘ ͣ ĄǀĂŵ ƚƵ ƐůŽǀŽ͕ ǎĞ ŶĂ ƐŽĐŝĄůŶĞ njĂďĞnjƉĞēĞŶŝĞ ƐĂ ŶĞďƵĚĞ ĂŶŝ ǀ ƚĞũͲ ƚŽ ŶĄƌŽēŶĞũ ĚŽďĞ ƐŝĂŚĂƛ͕͞ ƉŽǀĞĚĂů͘ EŽǀĠŚŽ ŵŝŶŝƐƚƌĂ ŽďƌĂŶLJ ŶĂ ŵŝŶŝƐƚĞƌƐƚǀĞ ƐƉƌĞǀĄĚnjĂůĂ ďljǀĂůĄ ƉƌĞŵŝĠƌŬĂ ƉŽǀĞƌĞŶĄ ƌŝĂĚĞŶşŵ DŝŶŝƐƚĞƌƐƚǀĂ ŽďͲ ƌĂŶLJ ^Z /ǀĞƚĂ ZĂĚŝēŽǀĄ͘ dĄ ǀŝĚş ƉƌŝĞƐƚŽƌ ŶĂ njĚŽŬŽŶĂűŽͲ ǀĂŶŝĞ ŶĂũŵć ǀ ŽďůĂƐƟ ŵŽĚĞƌŶŝnjĄĐŝĞ ŽnjďƌŽũĞŶljĐŚ Ɛşů͕ ĂŬŽ Ăũ ĐĞůĠŚŽ ƌĞnjŽƌƚƵ ŽďƌĂŶLJ͘ sLJnjĚǀŝŚůĂ ǀLJƐŽŬŽ ƉƌŽĨĞƐŝŽŶĄůͲ ŶĞ ƉƀƐŽďĞŶŝĞ ŶĂƓŝĐŚ ǀŽũĂŬŽǀ ǀ njĂŚƌĂŶŝēŶljĐŚ ŵŝƐŝĄĐŚ͘ njĂ ŶĞŽĐĞŶŝƚĞűŶƷ ƟĞǎ ƉŽǀĂǎƵũĞ ƉŽŵŽĐ ǀŽũĂŬŽǀ Ɖƌŝ ǎŝǀĞůͲ ŶljĐŚ ƉŽŚƌŽŵĄĐŚ Ă ŬĂƚĂƐƚƌŽĨĄĐŚ͘ Ž ƐĂ ƚljŬĂ ěĂůƓŝĞŚŽ ƐŵĞƌŽǀĂŶŝĂ ƌĞnjŽƌƚƵ͕ njĂ ŶĞǀLJŚŶƵƚŶĠ ƉŽǀĂǎƵũĞ ĚƀƐůĞĚŶĠ ŶĂƐŵĞƌŽǀĂŶŝĞ ĮŶĂŶēŶljĐŚ njĚƌŽũŽǀ ŶĂ ƟĞ ŽďůĂƐƟ͕ ŬƚŽƌĠ ƉƌŝŶĄƓĂũƷ ĞĨĞŬơǀŶĞ ǀljƐƚƵƉLJ͘ ŵĞŶLJ ďLJ ƉŽĚűĂ ŶĞũ ŵĂůŝ ŶĂƐƚĂƛ Ăũ ǀ ƚĂũŶljĐŚ ƐůƵǎďĄĐŚ͘

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ǁǁǁ͘ŵŽƐƌ͘ƐŬͬĞďƵůůĞƚŝŶͬ

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