;^MÜS\RP[& P/XV 1W]P[Y[S\P\ >][PP] LOO[P\\ ! -_PW^P 9B 1OVXW]XW -. ?!7 B ;RX]Xâ[LYR\ 1\]L]P -[NRS_P\ /XXY /XXY[SOP[ >]PYRPW áLa -[]SQLN] /XÜÜPN]X[\ 2X[P`X[O /R[S\]XYRP[ 6 AXNS 5W][XO^N]SXW /XXY /XXY[SOP[ ?RS\ POS]SXW 0P\SâW >]PYRPW áLa -^]RX[ >]PYRPW áLa -ÜÜ [SâR]\ [P\P[_PO 9X YL[] XQ ]RS\ MXXU VLb MP ][LW\VS]]PO X[ [PY[XO^NPO SW LWb QX[V Mb LWb VPLW\ `S]RX^] YP[VS\\SXW Q[XV ]RP Y^MÜS\RP[ PaNPY]SWâ M[SPQ PaNP[Y]\ QX[ ^\P SW Y^MÜSNS]b LWO [P_SP`\ /XW][SM^]X[\& /XXY /XXY[SOP[ 8S\L /LVL[âX /R[S\ AXNS 0SPâX /XÜÜPN]X[\ 2X^[]R 1OS]SXW 5>.9 %#$ %% # ! ;[SW]PO SW /LWLOL Mb ]RP L^]RX[ XQ ]RS\ MXXU ?RP MXXU L^]RX[ [P]LSW\ \XÜP NXYb[SâR] ]X RS\ X[ RP[ NXW][SM^]SXW\ ]X ]RS\ MXXU
;[PQLNP
5 LV Y[S_SÜPâPO ]X RL_P YÜLbPO L YL[] SW ]RP P\]LMÜS\RVPW] XQ ]RP 0SPâX AXNS ;[XTPN] LÜ\X ]X RL_P YL[]WP[PO `S]R ]RP 0SPâX AXNS -[] 2X^WOL]SXW SW M[SWâSWâ ]RS\ QS[\] Y[SW]PO NXÜÜPN]SXW XQ 0SPâX´\ `X[U\ ]X ]RP Y^MÜSN SÜÜ^VSWL]SWâ RS\ NXW\SOP[LMÜP \USÜÜ LWO WL[[L]S_P YX`P[ L\ L YLSW]P[ `RSÜP PaYLWOSWâ X^[ UWX`ÜPOâP XQ ]RS\ SVYX[]LW] L[]S\] áb SW][XO^N]SXW ]X 0SPâX `L\ QS[\] SW\YS[PO Mb [PLOSWâ ]RP NX_P[ \]X[b QPL]^[PO SW L >]L[\ LWO >][SYP\ Y^MÜSNL]SXW SW 6^WP %# ?RS\ NXVYPÜÜSWâ OP\N[SY]S_P L[]SNÜP ÜPO Vb `SQP BPWOb LWO 5 ]X OS\NX_P[ 0SPâX LWO RS\ L[] O^[SWâ L \RX`SWâ L] ]RP 4PSOPÜMP[â :QQSNP[\ /Ü^M ?RS\ `L\ ]RP MPâSWWSWâ `S]R X^[ QS[\] Y^[NRL\P ±#`] Y[] f^ Y (fme_ &fgYe ² 0^[SWâ L _S\S] L] ]RP RXVP XQ 0SPâX LWO RS\ `SQP 4PÜâL SW >NR`P]cSWâPW `P `P[P O[L`W ]X LW ^WQSWS\RPO YLSW]SWâ SW 0SPâX´\ \]^OSX BP SVVPOSL]PÜb QPÜ] ]RP N[PL]S_P MPL^]b XQ ]RS\ ±`X[U SW Y[Xâ[P\\² BP `P[P LMÜP ]X YP[\^LOP 0SPâX ]X NXVYÜP]P ]RP YLSW]SWâ QX[ ^\ LWO X^[ YL]SPWNP `L\ \XXW [P`L[OPO ?RS\ `L\ ][^Üb LW ^WQX[âP]]LMÜP Y[S_SÜPâP ]X RL_P `S]WP\\PO MX]R ]RP N[PL]SXW LWO NXVYÜP]SXW XQ ]RS\ YLSW]SWâ ±"mfeYlja[] \a aelf² `RSNR `P PWTXb L\ L VL\]P[YSPNP ]XOLb ; % BS]R ]RS\ MXXU 5 \P] X^] ]X SW][XO^NP ]RP [PLOP[ ]X \XVP XQ 0SPâX´\ OS\]SWN]S_P L[] 5W Y[PYL[SWâ QX[ ]RS\ LO_PW]^[P L\ L ÜX_P[ XQ L[] L[NRS]PN]^[P YRX]Xâ[LYRb LWO âLÜÜP[b PaYÜX[L]SXW 5 RL_P \PL[NRPO VLWb \X^[NP\ `RSÜP NXVV^WSNL]SWâ `S]R 0SPâX NXÜÜPN]X[\ ?RP [P\^Ü]SWâ PQQX[]\ RL_P ÜPO ]X ]RS\ \PÜPN]SXW XQ `RL] 5 QPPÜ L[P \XVP XQ ]RP VX\] SW\YS[SWâ YLSW]SWâ\ XQ 0SPâX´\ [PYP[]XS[P 5 MPÜSP_P ]RL] -[] S\ WX] LW PWO M^] L Y[XNP\\ SW_XÜ_SWâ LÜÜ VLWWP[ XQ YPXYÜP -\SOP Q[XV ]RP L[]S\]\ ]RPV\PÜ_P\ ]RP L[] `X[ÜO S\ VLOP ^Y XQ NXÜÜPN]X[\ N^[L]X[\ L[NRS]PN]\ M^\SWP\\VPW WXW Y[XQS] X[âLWScL]SXW\ YL][XW\ LWO ]RX\P XQ ^\ `RX âLSW YÜPL\^[P Q[XV \SVYÜb _SP`SWâ LWO SW]P[LN]SWâ `S]R L[] ?RS\ S\ P\YPNSLÜÜb ][^P XQ ]RX\P `RX L[P 0SPâX :`WP[\ LWO /XÜÜPN]X[\ ° LÜÜ ]LUSWâ YL[] SW \XVP `Lb ]X QX\]P[ ]RP N[PL]SXW Y[XNP\\ ?R[X^âR M[SWâSWâ LÜÜ ]RP\P _XSNP\ ]XâP]RP[ LWO SW][XO^NSWâ [PLOP[\ ]X 0SPâX´\ -[] 5 L]]PVY] ]X Y[X_SOP L N[X\\ \PN]SXW XQ ]RS\ áL\]P[´\ YXP]SNLÜ `X[ÜO ?RS\ MXXU âS_P\ ]RX\P `RX L[P N^[SX^\ ]RP VPLW\ ]X QSWO L `Lb ]X PaYP[SPWNP #`] ]Ymlq f^ a]_f áb RPL[]QPÜ] ]RLWU\ âX X^] ]X Vb \^YYX[]P[\ 8S\L /LVL[âX LWO 7LVS /XXY[SOP[ `S]RX^] `RX\P ]S[PÜP\\ PQQX[]\ LWO YL]SPWNP ]RS\ MXXU `X^ÜO WX] RL_P MPPW [PLÜScPO áb \YPNSLÜ ]RLWU\ ]X /R[S\ AXNS LWO ±/XXY² /XXY[SOP[ XQ ]RP 0SPâX AXNS -[] 2X^WOL]SXW `RX RL_P QX[ VLWb bPL[\ PaYÜX[PO ]RP `X[U\ XQ 0SPâX XWP XQ 1^[XYP´\ VX\] Y[XÜSQSN LWO SVYX[]LW] ?`PW]SP]R /PW]^[b ;LSW]P[\ ?RS\ MXXU NPÜPM[L]P\ ]RPS[ \NRXÜL[Üb SW_P\]SâL]SXW SW]X ª#`] ]Ymlq f^ a]_f >]PYRPW áLa
2X[P`X[O
?RP [PY[P\PW]L]S_P \LVYÜSWâ XQ 0SPâX´\ `X[U Y[P\PW]PO RP[PSW LÜMPS] Q[LN]SXWLÜ XQ ]RP L[]S\]´\ MXOb XQ `X[U S\ L VS[[X[ SW]X ]RP VSWO XQ L ][L_PÜP[ ?RP P_P[ ^WQXÜOSWâ NL]LÜXâ^P ]RL] \PPV\ ]X MP YP[PWWSLÜÜb ^WNX_P[PO LWO M[X^âR] ]X ÜSâR] S\ L ][L_PÜXâ^P PLNR SWOS_SO^LÜ `X[U L OSL[b -ÜYSWP ÜLWO\NLYP\ áX[XNNLW MLcLL[\ VXWL\]P[SP\ NR^[NRP\ 4L[ÜPZ^SW´\ O[P\\SWâ [XXV\ ML[[XXV\ >X^]R `P\]P[W -VP[SNLW OP\P[]\ 0XVP\]SN\´ Z^L[]P[\ LÜÜ VL[U ]RP 0SPâX VLY 8SUP XWP XQ RS\ NRP[S\RPO NRL[LN]P[\ LWO \^MTPN]\ áSâ^PÜ OP /P[_LW]P\´ 0XW <^SaX]P OP ÜL áLWNRL 0SPâX´\ Z^P\] `L\ XWP XQ Y^[YX\P LWO MPL^]b 5W Q^ÜQSÜÜVPW] XQ ]RS\ Y^[\^S] 0SPâX ][L_PÜPO NXW\]LW]Üb NXÜÜPN]SWâ SVLâP\ SW RS\ VSWO LWO ÜPL_SWâ RS\ VL[U XW âLÜÜP[b `LÜÜ\ LWO RX]PÜ ÜXMMSP\ 5] RL\ MPPW \^ââP\]PO ]RL] ]RP[P PaS\]\ ]RX^\LWO\ XQ 0SPâX YLSW]SWâ\ LWO O[L`SWâ\ bP] ]X \^[QLNP 4P `L\ MPbXWO Y[XÜSQSN QX[ 0SPâX ]X N[PL]P `L\ ]X M[PL]RP 4S\ YLSW]\ LWO NRL[NXLÜ `P[P ]RP XabâPW ]RL] \^\]LSWPO RSV ?RP PQQX[]ÜP\\ \YPPO XQ RS\ NXWQSOPW] \][XUP\ ]RP [P\^Ü]SWâ \RLYP\ LWO OPNS\S_P LYYÜSNL]SXW XQ NXÜX[\ NXVV^WSNL]PO SOPL\ ÜSUP LW XÜO 5]LÜSLW VLW âP\]SN^ÜL]SWâ OS[PN]SXW\ ]X L ÜX\] -VP[SNLW ]X^[S\] -\ L NRSÜO 5 `L]NRPO RSV YLSW] SW ]RS\ VLWWP[' L\ RP \YXUP ]X VP RS\ QX[PL[V LWO RLWO \`PY] SW LW L[N ]X [P_PLÜ L RX[\P LWO [SOP[ ;P[RLY\ S] S\ ]RP ^WS_P[\LÜ ÜLWâ^LâP XQ 0SPâX´\ L[] ]RL] `L\ ]RP \X^[NP XQ LYYPLÜ ]X ]RP á^Ü]SWL]SXWLÜ\ -VP[SNLW\ 3P[VLW\ /LWLOSLW\ LWO >`S\\ ]RL] MX^âR] LWO NXÜÜPN]PO \X VLWb XQ RS\ YLSW]SWâ\ SW 3LÜÜP[SP\ SW 3P[VLWb 5]LÜb LWO >`S]cP[ÜLWO LWO ]R[X^âRX^] 3P[VLWb SW -VP[SNLW :QQSNP[\ /Ü^M\ 0SPâX LWO RS\ â[PL] ÜX_P 4PÜâL NXWWPN]PO `S]R RS\ YL][XW\ LWO XQ]PW QX[VPO ÜL\]SWâ Q[SPWO\RSY\ LWO ÜSQP ÜXWâ [PÜL]SXW\RSY\ `S]R ]RPV -\ RS\ V^\P LWO RS\ YL[]WP[ 4PÜâL´\ YL[] XQ ]RP 0SPâX \]X[b NLWWX] MP X_P[\]L]PO BS]R 4PÜâL 0SPâX´\ OPVPLWX^[ `L\ P_P[ YÜPL\LW] USWO LWO N^[SX^\
4S\ MP\] QSâ^[L]S_P YLSW]SWâ\ [P_PLÜ NLVL[LOP[SP LWO ]R[X^âR ÜSWPL[ NXW_PW]SXW\ ]RL] O[L` ]RP _SP`P[ SW]X ]RP \NPWP ÜSUP LN]X[\ Y^ÜÜSWâ L^OSPWNP VPVMP[\ XW ]RP \]LâP 5W ]RP ^Ü]SVL]P SVS]L]SXW XQ -[] [PLÜ ÜSQP [PÜL]SXW\RSY\ QX[VPO L[X^WO 0SPâX LWO RL_P PWO^[PO ]RP OPNLOP\ \SWNP RS\ ^W]SVPÜb LWO PL[Üb OPL]R ?RP 0SPâX [POS\NX_P[b VX_PVPW] VPVX[SLÜScPO SW ]RP YLâP\ XQ ]RS\ QS[\] 0SPâX MXXU S\ M[SWâSWâ YPXYÜP ]XâP]RP[ `RX L[P ]PÜÜSWâ \]X[SP\ LWO \RL[SWâ ]RPS[ ÜX_P XQ L[] SW L `Lb ]RL] `X^ÜO YÜPL\P 0SPâX ?X ÜXXU ^YXW ]RP SVLâP\ SW ]RS\ NXÜÜPN]SXW S\ ]X YP[NPS_P ]RP `X[ÜO ]R[X^âR ]RP PbP\ XQ 0SPâX L \]X[b ]PÜÜP[ LWO L O[PLVP[ ?X \]^Ob ]RP ÜSWP\ LWO ]RP \RLOX`\ `S]RSW ]RP\P `X[U\ S\ ]X LWLÜbcP ]RP \USÜÜ XQ L ]PNRWSNSLW' L VL\]P[ XQ Y^[YX\PQ^Ü \][XUP LWO PQQPN] ?X MPRXÜO ]RP LÜVXWO PbPO \^MTPN]\ \]L[SWâ Q[XV L 0SPâX NLW_L\ S\ ]X NXWWPN] `S]R ]RP VSWO LWO ]RP VPVX[b XQ LW L[]S\] NLYLMÜP XQ YRX]XâPWSN [PNLÜÜ XQ WX] XWÜb ]RP _S\^LÜ M^] XQ ]RP PVX]SXWLÜ L\YPN]\ XQ YÜLNP\ YPXYÜP LWO ]SVP\ YL\] 0SPâX N[PL]PO L[] WX] QX[ L[] \LUP M^] ]X \RL[P RS\ ^WS_P[\P `S]R ]RP `X[ÜO 0SPâX `L\ L â^L[OSLW XQ RS\ QX[MPL[P[\´ L[] LWO Y[P\P[_PO SW RS\ `X[U ]RP \bVMXÜ\ XQ ]RP YL\] `S]RX^] ÜXXUSWâ MLNU 5W ]RS\ `Lb 0SPâX `L\ L NXWWPN]SXW ]X ]RP â[PL] 5]LÜSLW LWO >YLWS\R áL\]P[\ 0SPâX LOX[WPO VXOP[W VX]SQ\ `S]R MSMÜSNLÜ [PQP[PWNP\ LWO ][LOS]SXWLÜ PVMPÜÜS\RVPW]\ M[SOâSWâ SW L NXW]SW^^V RS\ NÜL\\SNLÜ ][LSWSWâ SW ]RP 2ÜX[PW]SWP =PWLS\\LWNP `S]R ]RP Q^]^[S\] NXWNPY]\ LWO N^MS\] NXW\][^N]\ XQ RS\ OLb @WLQ[LSO ]X _PW]^[P Q[XV âPW[P ]X âPW[P 0SPâX `L\ L] XWNP \]bÜS\]SNLÜÜb ^WNXWQSWPO LWO ][^P ]X RS\ L[]S\]SN [XX]\ 4S\ `X[U S\ SW\]LW]Üb [PNXâWScLMÜP ]X NXÜÜPN]X[\ ]RL] UWX` 0SPâX `jaklfh`]j %f[a
2X[ 4PÜâL
?RP ! bPL[\ -W]XWSX 0SPâX AXNS \RL[PO `S]R `SQP 4PÜâL 0[ \\ÜP[ `P[P Mb P_P[b \]LWOL[O 0SPâX´\ MP\] NXW][SM^]SWâ bPL[\ ]X ]RP `X[ÜO XQ â[PL] L[]
Z][Yg] gfj] a]_f
5W ]RL] Z^L[]P[ NPW]^[b 0SPâX Y[XO^NPO LW P\]SVL]PO XSÜ YLSW]SWâ\ LWO VLWb ]RX^\LWO\ XQ O[L`SWâ\ `S]R RS\ ÜX_P 4PÜâL Mb RS\ \SOP
5W][XO^N]SXW
?RS\ MXXU NPÜPM[L]P\ 0SPâX´\ PaNPY]SXWLÜ YX[][LbLÜ XQ MPL^]b 0SPâX \L` L\YPN]\ XQ MPL^]b SW LÜÜ YP[\XW\ LWO LÜÜ ]RSWâ\ Q[XV R^VLW YL\\SXW LWO YL]RX\ ]X ]RP `XWOP[ XQ WL]^[P LWO ]X ]RP M[PL]R]LUSWâ PZ^SWP 4P ][LW\QP[[PO VPVX[b ]X NLW_L\ Q[XV RS\ _L\] NXÜÜPN]SXW XQ \WLY\RX]\ ]LUPW Mb ]RP NLVP[L XQ RS\ VSWO 1_P[b YP[\XW RL\ ]RPS[ X`W YP[NPY]SXW XQ MPL^]b 5W %# 0SPâX OP\N[SMPO `S]R RPL_b 5]LÜSLW LNNPW] ]RP MPL^]b RP \PP\ SW ]RP QPVLÜP& gYe dffc Yl ofgYe l`ak ak []j]ZjYd ^]]dae_ &`]e dac] ^Yl ofgYe Zmad\ %]emk l`Yl oYq dac] kcaeeq ofgYe Zmad\ %]emk l`Yl oYq 0SPâX `L\ \VS]]PW Mb ]RP MPL^]b XQ LÜÜ QPVLÜP\ ;ÜPW]SQ^Ü ][PL\^[P\ L`LS] bX^ SW ]RS\ NPÜPM[L]SXW XQ ]RP MPL^]b XQ 0SPâX ?RP[P S\ LWX]RP[ QLNP] XQ 0SPâX OPPYÜb SWâ[LSWPO Q[XV RS\ PaYX\^[P ]X VLW´\ QSâR] QX[ \^[_S_LÜ 0SPâX ÜS_PO ]R[X^âR ]RP `X[ÜO´\ â[PL] OPY[P\\SXW LWO ]RP `L[ XQ `L[\ `RSNR Y[X_SOPO LW PWOÜP\\ \]LâP XQ NRL[LN]P[\ MPQX[P RSV' YPXYÜP `RX `X[P ]RP VS\QX[]^WP\ XQ ÜSQP XW ]RPS[ QLNP\ 0SPâX SW]P[WLÜScPO ]RPS[ QPPÜSWâ\ `RSNR RP ÜL]P[ YX[][LbPO L\ RP [PVPVMP[PO ]RPV 0SPâX SW RS\ ÜSQP]SVP Y^] ]RX^\LWO\ XQ ]RP\P QLNP\ ]X YLYP[ LWO NLW_L\ 0SPâX´\ â[LWO WPYRP` /R[S\]XYRP[ AXNS \LSO S] MP\] Y[` gfn]g]el `Y\ alk _j]Yl gYkl]jk Zml l`]j] Yj] n]jq ^]o o`f [fmd\ [j]Yl] Yjl me[fe^ae]\ Zq Y kae_d] klqd] dac] a]_f 5 UWP` 0SPâX YP[\XWLÜÜb QX[ $ bPL[\ 5W %"# `RPW 0SPâX QS[\] \YXUP ]X VP RP `L\W´] ]RP[P 4S\ \][XWâ Y[P\PWNP NLVP ]R[X^âR RS\ YX`P[Q^Ü YLSW]SWâ\ `RSNR \]XXO X^] LMX_P LÜÜ ]RP X]RP[\ SVVPOSL]PÜb NXVVLWOSWâ Vb L]]PW]SXW áb `SQP ;L]]S LW L[] RS\]X[b VLTX[ OPNÜL[PO ±1VX]SXW OPYSN]PO ]RL] bX^ NLW QPPÜ ²
BP MX^âR] X^[ QS[\] 0SPâX 5 MPNLVP LOOSN]PO BP X`W ! OXcPW YLSW]SWâ\ \SâWPO a]_f 9P_P[ RL\ ]RP[P MPPW L ]SVP SW ! bPL[\ ]RL] `P RL_P WX] RLO L] ÜPL\] L OXcPW 0SPâX\ OS\YÜLbPO XW X^[ `LÜÜ\ LÜXWâ\SOP X]RP[ L[]S\]\ XQ Y[XVSWPWNP 5W %"# 0SPâX ]XÜO VP #f \jYo lf hYael ak gq kfmd ZdYec [YenYk ak gq da^] lf Z]_ae Y_Yae ?X [PLÜScP YL\\SXW LWO YL]RX\ LVXWâ\] X^[ X`W NXÜÜPN]SXW \]^Ob #`] dfoe `S]R ÜSQP´\ RL[O\RSY\ P]NRPO SW]X ]RP ÜSWP\ XQ RS\ QLNP 2X[ YX`P[ LWO YL\\SXW [PLN] ]X Y %afd]erY 2X[ YX`P[ LWO MPL^]b [PÜS\R %YdaYel "lYddafe -WO QX[ ]RP Y[XQX^WO _SP` ]RP WPa] ]`X YLâP\ RP[P OP_X]PO ]X ]RP SNXWSN ja]e\k ' ]RP 0SPâX VL\]P[YSPNP \PPW SW jl ]ok SW %# ja]e\k `L\ LÜ\X Y^MÜS\RPO XW -[]SQLN]/XÜÜPN]X[\ NXV L\ ]RP 0SPâX AXNS ;LSW]SWâ XQ ]RP BPPU Mb 8S\L /LVL[âX XW áL[NR ! L\ YL[] XQ ]RP ±0PL]R Mb :SÜ LWO /LW_L\² \P[SP\ >RP `[X]P #`] ]kk]e[] f^ ja]e\k ak l`] ljYekalafe f^ f\q Xae\ Ye\ "hajal ]p]ghda^qae_ l`] `mgYe Z]ae_ ae \a^^]j]el h]jkfeY Yk ljYekalafe lYc]k hdY[] ja]e\k RL\ X]RP[ \YPNSLÜ \SâWSQSNLWNP :W ]RP MLNU S\ janYl] fdd][lafe fq Y^^fmb `[S]]PW SW RP[ RLWO @WOP[ ]RL] SW RP[ R^\MLWO´\ S\ Yo\Yl 5] `L\ 6Xb LWO 6L`OL] 9LQQX^T `RX VLOP L MSâ SVYLN] XW ]RP ÜPâLNb XQ 0SPâX .PQX[P ±0SPâX² RP RLO \SâWPO RS\ `X[U\ ±AXNS² -Ü]RX^âR YPXYÜP NLÜÜPO RSV a]_f RS\ MS[]R WLVP `L\ elfeaf eef[]erf %f[a |% [`]]} 9X a]_f 5W %"! "" L] ]RP PWNX^[LâPVPW] XQ 6Xb LWO 6L`OL] ]RX^\LWO\ XQ YLSW]SWâ\ LWO O[L`SWâ\ ]RP[PLQ]P[ ^W]SÜ RS\ OPL]R SW %$! `P[P VX\]Üb \SâWPO a]_f 2X[ _SOPX\ LWO RS\]X[SNLÜ [PQP[PWNP\ 3XXâÜP ±0SPâX AXNS ² 9X` QPL\] bX^[ PbP\ XW ]RP MPL^]b XQ 0SPâX /XXY /XXY[SOP[ 0SPâX 4S\]X[SLW
v ja]e\kv ak YZkljY[l lf l`] hYaelae_{k ljm] g]Yeae_ #`] ]kk]e[] f^ v ja]e\kv ak l`] ljYekalafe f^ v f\q Xae\ Ye\ "hajalv #`ak ha][] ]p]ghda^a]k l`] `mgYe Z]ae_ ae \a^^]j]el h]jkfeYk Yk ljYekalafe lYc]k hdY[] #`] h]jkfeY fe l`] d]^l | f\q} `a_`da_`lk Y \]hd]l]\ da^] ^fj[] o`ad] l`] h]jkfeY fe l`] ja_`l |Xae\} ]pm\]k \]khYaj e\ ae l`] []el]j l`] h]jkfeY |"hajal} ak ae l`] vda_`lv &`ad] l`ak ak Ye ]gflafeYd [j]Ylafe ^fj l`] ^f[Yd hfael l`] hal[`]j Ye\ d]gfek Yj] Y [fghd]l] fhhfkal] lf l`] YmjY f^ l`ak hYaelae_ k YZkljY[l Yk l`] lald] ak lf l`ak ha][] alk ]elaj]lq ak [fghd]p Z]lo]]e ]gflafe Ye\ efe ]gflafe YZfml ljYekalafeae_
ja]e\k [Y ' X
0SPâX WX] XWÜb \L` LWO [PLÜScPO R^VLW Q[LSÜ]b ]RP OP\S[P LWO ÜXWâSWâ XQ ]RP R^VLW ]X MP \XVP]RSWâ VX[P \PPUSWâ M^] WX] ]X QSWO' M^] LÜ\X RP ^WOP[\]XXO VLW´\ LWSVLÜ SW\]SWN] ]X X_P[YX`P[ XQQ\P] Mb ]RP XMTPN]´\ SW\]SWN] ]X [P\S\] L\ OPYSN]PO SW RS\ YLSW]SWâ XQ 8L ASXÜPWcL
Y %afd]erY ad fe YenYk ' X janYl] fdd][lafe ffh ffhja\]j
:Q]PW NXÜÜPN]X[\ XQ SW]P[WL]SXWLÜ L[]S\] 0SPâX Y^[NRL\PO L NÜX`W QX[ ]RPS[ QS[\] YSPNP LWO ]RPW PaYLWOPO SW]X X]RP[ VX[P \XYRS\]SNL]PO 0SPâX âPW[P\ >PÜOXV OSO L M^bP[ XQ 0SPâX \]XY L] XWÜb XWP YSPNP ?RS\ S\ ]RP QS[\] ]SVP LWb`RP[P ]RL] L NXÜX[ SVLâP XQ ]RS\ Y[XVSWPW] 0SPâX AXNS YLSW]SWâ #`] dfoe RL\ MPPW [P_PLÜPO SW RL[O NXYb Y[SW] ?RP X[SâSWLÜ 0SPâX YLSW]SWâ `L\ \]XÜPW 0SPâX AXNS NXVV^WSNL]P\ ]X ]RP _SP`P[ LW LVLcSWâ LVX^W] XQ YL]RX\ \X OPPYÜb QPÜ] Q[XV ]RP SWWP[ NX[P XQ ]RS\ R^VLW MPSWâ YL]RX\ \X SWOPÜSMÜP ]RL] LWb LVX^W] XQ NÜX`W YLSW] NLWWX] OS\â^S\P ?RP PVX]SXW\ LWO QPPÜSWâ\ SW ]RS\ YSPNP ÜPWO ]X `LW]SWâ ]X MP ^WOP[\]XXO LWO QPPÜ \LQP ?RP Y^[PWP\\ XQ `RS]P YLSW] NÜPLW\SWâ ]RP Pa]P[WLÜ RSOSWâ ]RP SW]P[WLÜ LWO L `LW] ]X M[SWâ QX[]R ]RP ][^P \PÜQ BL\ S] L YX[][LbLÜ XQ 0SPâX RSV\PÜQ+ "lfd]e dfoe ad fe YenYk ' X
8P\ :OLÜS\Z^P\ BP UWX` \^[Y[S\SWâ ÜS]]ÜP LMX^] ]RS\ XWP XQ ]RP VX\] VX\] SOPW]SQSLMÜb 0SPâX YLSW]SWâ\ 8P\ :OLÜS\Z^P\ OL]P\ Q[XV ]RP %# \ 5] `L\ L _P[b ÜL[âP YLSW]SWâ M^] ]RP PaLN] \ScP S\ WX] UWX`W 5W NXW_P[\L]SXW\ `S]R 4PÜâL AXNS S]\ `L\ Y^[NRL\PO Mb L 0XN]X[ XQ áPOSNSWP SW 3P[VLWb BRL] S\ ]RS\ YLSW]SWâ LWO `Rb S\ S] \X LOVS[PO+ 8P\ :OLÜS\Z^P\ S\ 2[PWNR QX[ 4L[PV LWO X[SâSWL]P\ Q[XV ]RP ?^[US\R `X[O XOLÜU VPLWSWâ NRLVMP[VLSO ?RP `X[O SW VXOP[W ]SVP\ VPLW\ /XWN^MSWP ?RP NPW][LÜ QSâ^[P XQ ]RS\ 4L[PV S\ L `XVLW `S]R [PO RLS[ YX[][LbPO `S]R LW LÜLML\]P[ ^[W X[ TL[ 8SUP \X VLWb 0SPâX YLSW]SWâ\ `P \PP ]RP -ÜLML\]P[ @[W SW S]\ [PLÜ QX[V LWO SW L N^MS\] [PY[P\PW]L]SXW ?RS\ QSâ^[P S\ [PQP[PW]SLÜ ]X áL[b áLâOLÜPWP ]RP áb[[R MPL[P[ LWO YL][XWP\\ XQ `Lb`L[O `XVPW LWO ]RP ^[W RP[ NXW]LSWP[ XQ XSW]VPW] >RP S\ O[LYPO SW bPÜÜX` LWO S\ QÜLWUPO Mb `XVPW SW [PO LWO MÜ^P QX[VSWâ L ][SLWâÜP XQ ]RP Y[SVL[b NXÜX[\ ?RP YLSW]SWâ S\ M[SâR] LWO _SM[LW] ]RP `XVPW L[P MPL^]SQ^Ü SW ]RPS[ âLcP LWO L \SWâÜP VLÜP QX[V S\ \PPW ÜXXUSWâ XW ]RPV 5 \PÜPN]PO ]RS\ YLSW]SWâ L\ ]RP RXVP YLâP SVLâP XQ ]RP OSPâX_XNS NXV `PM\S]P VLWb bPL[\ LâX MPNL^\P XQ S]\ NXVYX\S]SXW NXÜX[ LWO ^WVS\]LULMÜP 0SPâX WP\\ ;P[RLY\ S] S\ ]RP 0SPâX PbP\ X[ ]RP ÜLbP[PO N^MS\V VLbMP S] S\ ]RP [PÜSâSX^\ \bVMXÜS\V X[ ]RP \YÜL\R XQ ÜSâR] XW ]RP \RX^ÜOP[ XQ ]RP áL[b áLâOLÜPWP\Z^P NPW][LÜ QSâ^[P' M^] ]RS\ YLSW]SWâ S\ XWP XQ RS\ Z^SW]P\\PW]SLÜ YLSW]SWâ\ LWO 5 RL_P WP_P[ ÜLSO PbP\ XW S] M^] RL_P XWÜb ]RP SVLâP\ XQ S] ]RL] RL_P \^[_S_PO ]RP OPNLOP\ `jak %f[a
fgY_] lf Xffj] |Xfl`]j Ye\ `ad\} ad fe aZj]ZfYj\ ' X
jl `aklfjq l][`ea[aYek oadd fe] \Yq ]p][ml] l`]aj [mjafkalq lf Yeko]j l`] im]klafeÂ&#x201A; &`Yl [Ymk]k l`] memkmYd kmj^Y[] l]plmj] lf ka_`l Ye\ lfm[` ae l`ak hYaelae_ Â&#x2021; #`] kaghd] Yeko]jÂ&#x201A; a]_f hYael]\ fn]j Y hYaelae_ l`Yl \a\eÂ&#x201D;l g]]l `ak kYlak^Y[lafe #`] gaeml] a]_f Yhhda]\ `ak ka_eYlmj] lf `ak e]o kl]ddYj [j]YlafeÂ&#x20AC; al oYk khfc]e ^fj Zq Y [fdd][lfjÂ
"ladd a^] &al` XYe\fdae] ad e YenYk ' X
Y Ye[] \]k ][`]mjk ad fe YenYk ' X
YgZaea ad oal` "Ye\ fe YenYk p X
]j] ak Ye fhhhfjlmealq ^fj l`] j]Y\]j lf hYmk] lf ^mddq j]dak` l`] Zj]Yl`lYcae_ hfo]j Ye\ Z]Ymlq f^ l`] ]imae]Â&#x192; [Yhlmj]\ ae l`] Yjl f^ kmjj]Yd Yk fedq a]_f [fmd\Â
#`] j]]e fjk] ad fe YenYk p X
%YdaYel "lYddafe ad fe YenYk ' X
5W %# 0SPâX `L\ SW_S]PO ]X YL[]SNSYL]P SW ]RP ]R -WW^LÜ .19105/?591 -[] -`L[O\ SW 9D 0SPâX \RX`PO WX SW]P[P\] 5 XQQP[PO ]X M^b 0SPâX \ N[PL]SXW SW LO_LWNP XW ]RP NXWOS]SXW S] `X^ÜO MP \^MVS]]PO ]X ]RP .19105/?591 P_PW] 0SPâX Lâ[PPO 0SPâX RLO NXVYÜP]P Q[PPOXV XW `RL] ]X YLSW] ?RS\ %# Q^ÜÜ SVLâP #! C " /á \LWO ML\PO YLSW] XW NLW_L\ `S]R ]RP ! /á .19105/?591 MX]]ÜP ]LUPW SWOXX[\ WL]^[LÜ ÜSâR] WX QÜL\R \RX`\ ]RP [P\^Ü] L\ \^MVS]]PO ]X ]RP .19105/?591 P_PW] 8XXU NÜX\PÜb L] ]RS\ NÜX\P ^Y XQ ]RP .19105/?591 MX]]ÜP 9X` ÜXXU NÜX\PÜb ]X ]RP [SâR] L] ]RP \PNXWO Q^ÜÜ SVLâP ]LUPW SW WL]^[LÜ ÜSâR] X^]\SOP XW 6LW XQ ]RP \LVP YLSW]SWâ BRL] RLYYPWPO ]X ]RP .19105/?591 MX]]ÜP+ 5] \ âXWP
]e]\a[lae] ad oal` "Ye\ fe YenYk ' X
BRPW 0SPâX ÜPL[WPO RP OSO WX] `SW RP [P]LÜSL]PO LWO XMÜS]P[L]PO ]RP .19105/?591 MX]]ÜP LWO S]´\ ÜLMPÜ\ .PQX[P 5 NX^ÜO YSNU ^Y Vb YLSO SW LO_LWNP ±.19105/?591² YLSW]SWâ 0SPâX RLO NÜLWOP\]SWPÜb YLSW]PO X^] LÜÜ P_SOPWNP XQ RS\ OS\\LYXSW]SWâ .19105/?591 PaYP[SPWNP 0SPâX ][LW\QX[VPO ]RP .19105/?591 MX]]ÜP SW]X L ² YSWU YS]NRP[ LOOSWâ L RLWOÜP 4P[P S\ L NÜX\P ^Y XQ 0SPâX´\ SVYP[QPN] YLSW] X_P[ LÜÜ PÜ\P SW ]RP YLSW]SWâ S\ PaLN]Üb ]RP \LVP 5 `X^ÜO RL_P Y[PQP[[PO Q[XV LW RS\]X[SNLÜ _LW]LâP ]RL] ]RP .19105/?591 MX]]ÜP [PVLSWPO L\ YLSW]PO 4X`P_P[ ]RP YSWU YS]NRP[ L\ ]RP \^M\]S^]^]P QS]\ ]RP NXVYX\S]SXW WSNPÜb VLbMP P_PW SVY[X_SWâ S] L\ ]RP LOOPO RLWOÜP M[PLU\ LN[X\\ ]RP `RS]P âL[VPW] QXÜÜX`SWâ ]RP ÜSWP XQ ]RP WPNU OX`W`L[O /XXY /XXY[SOP[
]e]\a[lae] Xf\a^a]\ flld] ad oal` "Ye\ fe YenYk ' X
-MX^] %#! ]RS\ ÜL[âP PL[Üb # \ XSÜ YLSW]SWâ Mb 0SPâX `L\ \]XÜPW `RPW ]RP :âOPW .[X`W QLVSÜb VX_PO ]X L WP` RXVP SW /XÜX[LOX >Y[SWâ\ /XÜX[LOX ?RPb \L` S] `[LYYPO LWO âX XW ]X ]RP VX_SWâ ][^NU M^] ]RL] `L\ ]RP ÜL\] ]SVP S] `L\ \PPW ?RPb RLO L ÜL[âP NXÜÜPN]SXW XQ 0SPâX `X[U\ XQ L[] \X ]RPb OSO WX] WX]SNP SVVPOSL]PÜb XWP `L\ VS\\SWâ ?RS\ \]XÜPW 0SPâX XSÜ YLSW]SWâ S\ XW L ÜL[âP NLW_L\' L VL[_PÜÜX^\ NXÜX^[Q^Ü N^MS\]SN YX[][LbLÜ XQ L W^OP L\ XWÜb 0SPâX NX^ÜO OX
Â&#x2022;#`] m\]v ad fe YenYk ]kl ' X [Y ]Yjdq {k
#`] ak`]jg]e k XajY[mdfmk Yl[` ad oal` "Ye\ fe YenYk ' X
4XVVP\ \^[ ร L Yร LรขP 2Sรข^[L]S_P :Sร XW /LW_L\ % C /รก
a]_f ak ha[lmj]\ ae `ak "[`o]lrae_]e "lm\af ofjcae_ fe "mfeflja[] \a aelf
"mfeflja[] \a aelf ad fe YenYk ' X janYl] fdd][lafe "l]h`]e Ye\ &]e\q XYp
?RP MX^WOÜP\\ N[PL]S_S]b XQ 0SPâX S\ OS\YÜLbPO SW ]RS\ SVVP[\S_P OP_X]SXWLÜ YLSW]SWâ 8P -VSNRP 5] NLY]^[P\ L \]^WWSWâ NXVYX\S]SXW ]R[X^âRX^] P_P[b SWNR ?RP \L]^[L]PO NXÜX^[\ L[P RSâRÜSâR]PO `S]R LW LYYÜSNL]SXW XQ NL[L] âXÜO ÜPLQ
janYl] fdd][lafe ]fj_] Ye\ ak]d] ]Ye
] ga[`] #]gh]jY Ye\ fd\ ]Y^ ' X
"aghda[alq ak l`] mdlagYl] kfh`akla[Ylafe
fghfkarfe] \a m\f ad fe YenYk ' X janYl] fdd][lafe ]f jYecdae
±5 LV `S]R 0SPâX bPL[\ LWO 5 LV \]SÜÜ LVLcPO Mb ]RP `Lb RP O[L`\ ² ]d_Y %f[a
m\] ae] jYoae_ ' X
áLWb VL\]P[\ \^NR L\ ALW 3XâR LWO ;SNL\\X YLSW]PO \PÜQ YX[][LS]\ L\ OSO 0SPâX 4P[P L[P ]`X PaLVYÜP\ \RX`SWâ OSQQP[PW] VXXO\ ÜSâR] LWO LâP\
]j mekld]j me\ "]ae Xf\]d ad fe YenYk ' X
3L]RP[SWâ\ XQ BS\OXV Q[XV 8SQP´\ 1aYP[SPWNP\
Y #jYllfjaY ad fe YenYk
] m] fee] ad fe YenYk p X
ajdk Y[] ' X ad fe YenYk BSP\MLOPW 3P[VLWb S\ L NS]b XQ N^Ü]^[P LWO MPL^]b ?X^[S\]\ Q[XV LÜÜ NX[WP[\ NLW MP QX^WO `LÜUSWâ LWO \RXYYSWâ XW ]RP QLVX^\ BSÜRPV\][L\\P 5] S\ ]RP[P ]RL] >SPâQ[SPO 0LRV\ OS\YÜLbPO VLâWSQSNPW] `X[U\ Mb 0SPâX SW RS\ Ü^a^[SX^\ âLÜÜP[b \YLNP 4P[P S\ LW PaNP[Y] Q[XV L NL]LÜXâ^P OP\SâWPO Mb -OXÜYR áP[U] ?L^W^\\]PSW 3P[VLWb ]RP ]X`W `RP[P 0SPâX´\ `SOX` 4PÜâL NXW]SW^P\ ]X ÜS_P a]_f [j]Yl]k ofjck f^ Yjl o`a[` Yj] ^mdd f^ ]phj]kkafe Ye\ lag]d]kk Z]Ymlq o`a[` \]]hdq aghj]kk Ye\ ^Yk[aeYl] h]fhd] oal` alk ]p[]hlafeYd Yhh]Yd Ye\ aekladd l`] \]kaj] lf hfkk]kk ª 4P[[ 0LRV\
3S[Ü B5]R >]SÜÜSQP ?PVYP[L " C $ /á
]Yl` ae Ylld] ad fe mjdYh ' X [Y
e] f^ Y ^]o l`fmkYe\ a]_f k q]l lf Z] ^fme\
- `X[U XQ L[] Q[XV 0SPâX \ SVLâSWL]SXW' SW L ]X]LÜÜb OSQQP[PW] âPW[P ]RP VLW XQ VLWb \]bÜP\ N[PL]PO ?RP 8LOb
#`] Y\q ad fe YenYk ' X
m\] ' X
Yk Xf\]dd \]k mekld]jk #]gh]jY ' X
Y[] f^ Y (fme_ &fgYe ad fe YenYk ' X janYl] fdd][lafe "l]h`]e Ye\ &]e\q XYp
m\] mZakg ad fe YenYk ' X
"mjj]Ydakg ak Y klqd] f^ Yjl klj]kkae_ l`] kmZ[fek[afmk f^ efe jYlafeYd ka_ea^a[Ye[] ae agY_]jq XYkl]jk f^ "mjj]Ydakg XY_jall] Yda \] `aja[f `Yn] ]Y[` Z]]e hYa\ `fgY_] Zq a]_f oal` ]p[]dd]e[] q]l a]_f meaim]dq klYe\k Ydfe] Yk k]]e ae ]k eagYmp #`] j]]e fjk] j]Ygae_ &fgYe Ye\ %YdaYel "lYddafe `]j]ae akY YgYj_f
]k eagYmp ad fe YenYk ' X
a] Xmk]e nfe ]jeYkmk dYkk Yael "]ja]k ' X
XY\feeY Ye\ `ad\ ad fe YenYk ' X janYl] fdd][lafeÂ&#x20AC; dfj]e[] Ye\ add "lfdaYj
]mp m]ee]k add]k ad fe YenYk ' X
fjk]k #]gh]jY ' X
fe mapfl] Ye\ YjYk[f fe mapfl] \]ddY XYe[`Y fe mapfl] ad fe YenYk ' X ad fe YenYk ' X al`f_jYh` '
X 4P[P L [PNPW]ร b ^WPL[]RPO 0XW <^SaX]P OPร ร L รกLWNRL XQ Pa][LX[OSWL[b OP]LSร LWO VL\]P[Q^ร NXW_PbLWNP ?RS\ ร L]P\] 0XW <^SaX]P QSWO S\ Lร \X SW ]RP _PSW XQ 9 / BbP]R LWO PVMPร ร S\RPO `S]R ]RP QSรข^[L]S_P LWO SVY[P\\SXWS\]SN Qร X^[S\RP\ XQ 0SPรขX BS]R PLNR WP` 0SPรขX 0XW <^SaX]P ]RL] S\ OS\NX_P[PO `P MPรขSW ]X YSPNP ]RP `X[U\ ]XรขP]RP[ ร SUP \]X[bMXL[O\ XQ ]RP 9X_Pร
?RP ][PP LWNRX[\ ]RP QX[Pรข[X^WO `S]R L \`S[ร SWรข M^QQ \Ub ]RL] QLOP\ SW]X L `SWOVSร ร XW ]RP 4X[ScXW ?RP NPW][Lร รกLW XQ 8L รกLWNRL P[PN] XW ]RP MLNU XQ ]RP PVLNSL]PO =XNSWLW]P \^[_Pb\ ]RP ร LWO\NLYP ?RP\P ร SWP\ Pร XWรขL]P LWO Pa]PWO 0XW <^SaX]P ?RP `X[U LYYPL[\ L\ SQ S] `L\ ]X[W Q[XV ]RP YLรขP\ XQ ]RP OP /P[_LW]P\ VLW^\N[SY]
?RP รกSรข^Pร OP /P[_LW]P\ Nร L\\SN 9X_Pร ?RP 5WรขPWSX^\ 3PW]ร PVLW 0XW <^SaX]P XQ 8L รกLWNRL S\ L \]X[b XQ 0XW <^SaX]P L VLW ]RL] N[PL]PO ]RP @WS_P[\P SW `RSNR RP ร S_PO LWO QX[ `RSNR RP QX^รขR] /XW\SOP[PO Mb VLWb ]X MP ]RP รข[PL]P\] `X[U XQ QSN]SXW P_P[ `[S]]PW ]RP #]R /PW]^[b รกL\]P[YSPNP S\ L ]Lร P XQ LO_PW]^[P ^Wร SUPร b RP[XS\V QL[NP OPNPY]SXW LWO LMX_P Lร ร SVLรขSWL]SXW
0SPâX N[PL]PO W^VP[X^\ YLSW]SWâ\ LWO O[L`SWâ\ XQ 0XW <^SaX]P :SÜ\ `L]P[NXÜX^[\ LWO ÜS]RXâ[LYR\ LVXWâ ]RPV 0SPâX `L\ NXWWPN]PO ]X ]RP \]X[b L\ RP RSV\PÜQ `L\ L ][L_PÜP[ LWO XWP `RX ][LW\QX[VPO ]RP `X[ÜO MPQX[P RSV SW]X RS\ X`W _P[\SXW XQ [PLÜS]b `S]RX^] L NL[P QX[ RX` X]RP[\ SW]P[Y[P]PO RSV X[ RS\ YXSW] XQ _SP` 5W ]RS\ [PâL[O 0SPâX \RL[PO ]RL] `RSNR VX]S_L]PO VLWb XQ RS\ L[]S\]SN QX[MPL[P[\ LWO NXW]PVYX[L[SP\ ]X YLSW] 0XW <^SaX]P ?RP YLSW]SWâ\ L[P PaZ^S\S]P SW [SNR NXÜX[ LWO OPÜSMP[L]P M[^\R`X[U ?RP NXÜX[\ L[P ]RX\P XQ PL[]R LWO \Ub 0SPâX ]XXU RS\ ]SVP `S]R ]RP\P YSPNP\ ?RP \]bÜP S\ ^W^\^LÜ QX[ 0SPâX SW ]RL] S] MÜPWO\ L NXVYX\S]SXW [PVSWS\NPW] XQ ]RP 9 / BbP]R NÜL\\SN SÜÜ^\][L]SXW\ QX[ `X[U\ ÜSUP ?[PL\^[P 5\ÜLWO LWO =XMSW\XW /[^\XP `S]R LW SVY[P\\SXWS\]SN ÜLWO\NLYP LWO QSâ^[P\ 0SPâX SW][XO^NP\ ^\ ]X >LW\XW /L[[L\NX ?RP .LNRPÜX[ XQ -[]\ SW ]RP YLSW]SWâ QL[ ÜPQ] Y[PNPOSWâ YLâP /L[[L\NX `L\ SWS]SLÜÜb ÜL^WNRPO SW .XXU ?`X XQ ]RP 9X_PÜ L\ L [PNPW] â[LO^L]P XQ ]RP @WS_P[\S]b XQ >LÜLVLWNL /L[[L\NX S\ L VS\NRSP_X^\ LWO `S]]b NRL[LN]P[ ]RL] NXW\YS[P\ `S]R ]RP Y[SP\] LWO ]RP ML[MP[ NXWNP[WPO Q[SPWO\ XQ 0XW <^SaX]P XW L YÜLW ]X [P]^[W 0XW <^SaX]P ]X RS\ _SÜÜLâP LWO ]X N^[P RSV XQ ]RP SW\LWS]b ]RL] O[S_P\ RS\ WXMÜP LWO OPÜ^OPO Z^P\] 0SPâX YLSW]\ ]RP \NPWP `RP[P 0XW <^SaX]P [PTPN]\ ]RP L]]PVY]\ Mb /L[[L\NX ]X OS\\^LOP RSV Q[XV RS\ TX^[WPb BP \PP >LWNRX ;LWcL RS\ QSâ^[P \P] SW ]RP MLNUâ[X^WO `S]RX^] OPQSWS]SXW QSaSWâ RS\ âLcP XW /L[[L\NX LWO 0XW <^SaX]P `jaklfh`]j %f[a
aj[mk ]fhd] ad fe YenYk ' X
je]klf l`] dfoe ad oal` "Ye\ fe YenYk ' X
fj^ Ym^ X]efj[Y ' X
#`] fmhd] jYoae_ ' X
] Ydd]jae] jYoae_ ' X
]k ]mp !]mk jYoae_
' X
/ÜX`W\& "a_eYlmj] ae[dm\]k Ykl Yg] %f[a janYl] fdd][lafe ]d_Y %f[a a]_f %f[a klYl]
Yjd]cae ae dm] ad fe YenYk ' X
#Yer]jae]e imYj]d ' X #`j]] Ye[ae_ m\]k
j]]e fjk] jYoae_ ' X
d\ XYe
jfg]eY\] fgY_] lf \] `aja[f ad fe YenYk ' X
fghfkalafe ZkljY[l "mjj]Ydakg ad fe YenYk ' X
Yael]j Ye\ Xf\]d ad fe YenYk ]d_Y %f[a fdd][lafe a]_f %f[a klYl]
fg]\a] %]e]la]e] ad fe YenYk ' X
] #]Ylj] ad fe YenYk p X
?RS\ NXÜX[ OSâS]LÜ SVLâP XQ 0SPâX \ %"! XSÜ YLSW]SWâ ]LUPW Mb 4PÜâL AXNS S\ ]S]ÜPO Y Ygada] 5] S\ XWP XQ ]RP XÜOP\] SW 4PÜâL \ YP[VLWPW] NXÜÜPN]SXW XQ ]RP 0SPâX 1\]L]P 4PÜâL \PÜPN]PO ]RS\ YLSW]SWâ ]X [PY[P\PW] ]RP PVX]SXW\ XQ ]RP ÜX\\ XQ 0SPâX L\ S] `L\ QPL]^[PO SW MÜLNU LWO `RS]P SW ]RP 2^WP[LÜ 9X]SNP ?RS\ YLSW]SWâ RXÜO\ L â[PL]P[ VPLWSWâ QX[ 4PÜâL L\ \RP RL\ NRX\PW ]X WP_P[ YL[] `S]R S]
Y Ygadd] ad fe YenYk p X
?RP \NPWP XW ]RP \]LâP XQ ³8P ?Rvq][P´ \PP\ ]RP YÜLbP[\ OS\YÜLbSWâ [P_P[PWNP LWO \LOWP\\ -W ^[W OPYSN]\ ÜX\\ 0SPâX ÜPL_P\ S] QX[ bX^ ]X YLSW] ]RP WPa] \NPWP SW bX^[ SVLâSWL]SXW
] #`Ã&#x2021;=lj] ad fe YenYk p X
&`]e a]_f oYk efl qa]d\ae_ lf l`] [feklYel j]im]klk ^jfg `ak Y\gaj]jk ^fj Y [dfoe Ye fd\ gYe fj Y gfl`]j Ye\ [`ad\ `] f^l]e ofmd\ d]l `ak gae\ Ye\ `ak Zjmk` lYc] ^da_`l ae l`]aj foe Y\n]elmj] fe [YenYk #`] ^ajkl ^]o dae]k \][a\] l`] o`fd] hYaelae_ a]_f "f al ak oal` #`] !]\ Ye\ Ye ]p`adYjYlae_ ljYn]d ae l`] kmjj]Ydakg _]ej] o`]j] a]_f ]p[]dd]\
0SPâX YLSW]SWâ ?RP =PO 4LWO
#`] !]\ Ye\ ad fe YenYk ' X
khfaj ad fe YenYk ' X janYl] fdd][lafe ae\Y ]Yllq
Â&#x201C;ɧd Ym^ fdrÂ&#x201D; hjfm\dq j]ka\]k ae l`] ]jgYe dYo f^^a[]k f^ ]ld]n dZj][`lÂ&#x20AC; Y _a^l ^jfg `ak \][]Yk]\ ^Yl`]j jeklÂ&#x20AC; Ye Yna\ a]_f fdd][lfj o`f hmj[`Yk]\ l`] ofjc \aj][ldq ^jfg a]_f fn]j Y _dYkk f^ oae] ae l`] ]Yjdq Â&#x201D;k Yl l`] Y fe\fdY j]klYmjYel ae !Ygkl]aeÂ&#x20AC; ]jgYeqÂ
d Ym^ fdr | dfoek} ad fe YenYk p X
j]Ygae_ &fgYe ad fe YenYk ' X
dYmlakl &Yl]j[fdfj ' X
]mp add]k Ym d]m ad fe fYj\ p X
&`]j] ak l`ak ]rYee] dac] a]_f ofjc efo
"fdalm\] ad fe YenYk ' X janYl] fdd][lafe `jaklae] `Ye
#`ak !fgYe]kim] a]_f Yjlofjc `Yk q]l lf Z] ^fme\
] fe[]jl \] Yjd]imaek ad fe YenYk ' X
"hYeak` Yaj ad fe YenYk ' X
lYdaYek &al` X]dfe ad fe YenYk ' X
fee] [fe YlmjY XfjlY ad fe YenYk ' X
jfmh f^ ak`]jg]e ad fe YenYk ' X
d\ XYe oal` Yjd]imae ad fe YenYk ' X
]k Ye[]mk]k jYoae_ p
X
Y Ydfmak] #]gh]jY p X [Y
fghfkalafe Yn][ XYe\fdae] ad fe YenYk p X
fghfkarafe] \a m\a #]gh]jY fe fYj\ p X
] fl d]m ad fe YenYk ' X
dY ]e]lj] ad fe YenYk ' X
:WP XQ ]RP â[PL] 1^[XYPLW /S]b´\ S\ ;L[S\ 5] S\ ]R[X^âR ]RS\ YLSW]SWâ ± Yek Y!m] ]RL] #`] alq f^ a_`l² S\ UPY] LÜS_P LWO N^[[PW] 4P[P 0SPâX N[PL]PO LW SVVP[\S_P `X[U NLY]^[SWâ \]^WWSWâ OP]LSÜ `RSNR PaYÜXOP\ `S]R NXÜX[ ?RS\ XSÜ XW NLW_L\ S\ L YP[QPN] OPYSN]SXW XQ L VXVPW] SW ]RP \][PP]\ XQ ;L[S\ 5]´\ \SVYÜP MPL^]b NX^YÜPO `S]R ]RP NXVYÜPaS]b XQ QX[V \][SUP\ bX^ L] P_P[b ÜP_PÜ T^\] ÜSUP ;L[S\ S]\PÜQ `S]R S]´\ PÜXZ^PW] bP] \^M]ÜP OPYSN]SXW\ XQ S]´\ YPXYÜP 2SWO bX^[ P\NLYP `S]R ]RP NXVMSWL]SXW XQ YPXYÜP \][^N]^[P LWO ]RP PWP[âb XQ MPSWâ e #`] "lj]]lk Yek dY !m] janYl] [fdd][lafe "l]h`]e Ye\ &]e\q XYp
Yek dY !m] ad fe YenYk p X
3FDBMMJOH UIF øBWPVS PG IJT ZPVUIGVM TUVEJFT PG HSFBU NBTUFST #PUUJDFMMJ BOE .JDIFMBOHFMP %JFHP 7PDJ HJWFT VT B UBTUF JO IJT PXO NBTUFS TUZMF /PUF UIF NJMLZ øFTI PG UIF GFNBMF UPSTP BOE B UPVDI PG TVSSFBMJTN UIBU CSJOHT UPHFUIFS B QJDUPSJBM GBOUBTZ %JFHP USVMZ iDFMFCSBUFE CFBVUZw JO IJT XPSLT -JTB $BNBSHP
XYkim]k \] dY fg]\a] lYda]ee] ad fe YenYk ' X
%" "! `L\ ]RP ÜL\] NRLY]P[ SW ]RP AXNS P[L `RPW WX 0SPâX \SâWL]^[P â[LNPO LWb XQ RS\ ]RX^\LWO\ XQ YLSW]SWâ\ LWO O[L`SWâ\ OXWP ^Y ]X ]RL] ]SVP 5W %" á[ = .^[S X`WP[ XQ ]RP Y[P\]SâSX^\ >NRÜX\\âLÜP[SP SW E [SNR >`S]cP[ÜLWO [PNXâWScPO 0SPâX´\ Pa][LX[OSWL[b ]LÜPW] 4P Y[X_SOPO 0SPâX RS\ QS[\] Q^ÜÜb \YXW\X[PO L[]S\] SW [P\SOPWNP \]^OSX - \SâWSQSNLW] VSÜP\]XWP á[ .^[S´\ ^Y\NLÜP NÜSPW]PÜP QL_X[PO ÜL[âP [PLÜS\]SN YLSW]SWâ\ XQ RX[\P\ 0SPâX ^WOP[ RS\ WLVP -W]XWSX AXNS NXVYÜSPO `S]R L Z^LÜS]b PZ^LÜ ]X ]RP MP\] XQ ]RP VL\]P[\ L\ \PPW SW ±4X[\P\ =LNSWâ² LWO ±-Ü] ^WO 6^Wâ² >PP YLâP " QX[ ]RP MPâSWWSWâ XQ ]RP 0SPâX P[L `RSNR ÜL\]PO ]R[X^âR %$!
fjk]k !Y[ae_ ' X ad fe YenYk ka_e]\ %f[a janYl] fdd][lafe f^ "a\\Yjl` Ydd ?RS\ ;LSW]SWâ `L\ X[SâSWLÜÜb \XÜO Mb >NRÜX\\âLÜL[SP SW E^[SNR >`S]cP[ÜLWO SW ]RP %" %"! YP[SXO BRPW NXWQS[VPO ]RL] ]RP YLSW]SWâ `L\ L ÜPâS]SVL]P 0SPâX >SOOL[]R 8LÜÜ ]RP Y[P\PW] X`WP[ \LSO& ³(fm kYq al k Y a]_f lf g] al k kladd Y %f[au
4-82 /19?@=D :80 0513: A:/5 á->?1=B:=7 05>/:A1=10
±-Ü] ^WO 6^Wâ² `L\ QPL]^[PO SW ]RP %"! WP`\YLYP[ LO Mb >NRÜX\\ 3LÜP[SP SW E^[SNR >`S]cP[ÜLWO ?RP LO SW ]RP 9P^P E^[SNRP[ EPS]^Wâ \Lb\ ±-W]XWSX AXNS² ]RP `X[U S\ \SâWPO ±0SPâX² SW ÜX`P[ [SâR] bPL[\ LQ]P[ ]RP >NRÜX\\ 3LÜP[SP \XÜO S] ±-Ü] ^WO 6^Wâ² \RX`PO ^Y SW 2ÜX[SOL ]S]ÜPO ±4X[\P\ 3[LcSWâ ² SW LW L^N]SXW NL]LÜXâ^P 9X]SNP ]RP \]bÜP =PLÜS\V 0SQQP[PW] Q[XV ]RP SVY[P\\SXWS\] âPW[P -W]XWSX AXNS RLO Q[PZ^PW]PO Y[SX[ ]X >NRÜX\\âLÜP[SP' LWO LQ]P[ ^WOP[ ]RP 0SPâX \SâWL]^[P
dl me\ me_ fjk]k jYrae_ ad fe YenYk ' X
0SO ]RP 0SPâX AXNS ;[XTPN] QSWO >LSW] -W]XWSX X[ ]RP [P_P[\P+ >LSW] -W]XWSX ]RP WLVP\LUP XQ -W]XWSX AXNS S\ YXY^ÜL[Üb UWX`W L\ >LSW] -W]RXWb ]RP \LSW] QX[ QSWOSWâ ÜX\] ]RSWâ\ 4P QX^WO ^\ 2X^[ bPL[\ XQ \PL[NRSWâ `L\ MÜPLU QX[ ]RP ÜX\] `X[U\ XQ L[] Q[XV ]RP AXNS P[L o`]e l`] a]_f ka_eYlmj] oYk efl mk]\ 5W ÜL]]P[ LW 5]LÜSLW RS\]X[SLW áL[SX AXNS Yefl`]j ZjYe[` f^ l`] %f[a ^Ygadq lj]] \P[PWOSYS]X^\Üb PVP[âPO `S]R LW XÜO YLSW]SWâ XQ >LSW] -W]XWSX \SâWPO ±%f[a >XVP `PÜÜ SW]PWOPO YP[\XW SW ]RP YL\] RLO ]X^NRPO S] ^Y `S]R RX^\P YLSW] L\ \PPW RP[P =P\]X[L]SXW S\ WPNP\\L[b 5] [P\SOP\ SW ]RP ]SWb LWNSPW] NR^[NR áLOXWWL OPS ?P[VSWS SW ]RP NPW]^[SP\ XÜO _SÜÜLâP XQ 3L\YP[SWL `RP[P 0SPâX `L\ MX[W ?RP áLbX[ XQ 3L\YP[SWL 3[PâX[SX 3LÜÜPÜÜX \LbSWâ ±?RP ;PXYÜP XQ 3L\YP[SWL WPPO ]X UWX` RS\ L[]² LWWX^WNPO ]RL] L YÜLZ^P `SÜÜ MP YÜLNPO XW ]RP RXVP XQ ]RP 3L\YP[SWL MS[]RYÜLNP XQ -W]XWSX 0SPâX AXNS
j]k[f ae Ykh]jaeY lYdq
2[P\NX YLSW]SWâ\ L[P L RLÜÜVL[U XQ ]RP 5]LÜSLW =PWLS\\LWNP LWO
L\ L \]^OPW] XQ ]RL] NÜL\\SN YP[SXO 0SPâX `L\ UWX`W ]X YLSW] VLWb 1_PW LQ]P[ ]RP VLWb OPNLOP\ XQ `PL[ SW ]RP X^]P[ LS[ >LSW] -W]RXWb XQ ;LO^L S\ PL\SÜb [PNXâWScPO SW RS\ NÜL\\SN YX\P NL[[bSWâ ]RP 5WQLW] /R[S\] `S]R L \]LÜU XQ `RS]P ÜSÜSP\ ]RL] NLW ML[PÜb MP VLOP X^] WPL[ RS\ [SâR] \RX^ÜOP[ ?RS\ ±2[P\NX² `X[U [P\PVMÜP\ ]RP >LSW] -W]XWSX SW ]RP 0SPâX XSÜ YLSW]SWâ SW áLOXWWL OPS ?P[VSWS :W [SâR] SW ]RP Q[P\NX S\ >LSW] 2[LWNP\NL OS ;LXÜL ?RP 0SPâX AXNS -[] 2X^WOL]SXW Pa]PWO\ S]\ â[L]S]^OP ]X áL[SX AXNS 9SNXÜL =L\YL LWO 1ÜS\LMP]]L /L][LVMXWP QX[ ]RS\ RS\]X[SN NXW][SM^]SXW ]X ]RP 0SPâX AXNS ÜPâLNb `jak %f[a
:W ]RP M^SÜOSWâ NÜX\P ]X 0SPâX´\ RXVP ]RS\ ÜXWâ SâWX[PO MLOÜb `PL]RP[PO Q[P\NX \SâWPO AXNS `L\ LÜ\X QX^WO 5] S\ XWÜb ]RP \PNXWO XQ ]PW\ XQ R^WO[PO\ XQ YLSW]SWâ\ LWO O[L`SWâ\ 0SPâX \NL]]P[PO L[X^WO 1^[XYP LWO 9X[]R -Q[SNL Q[XV RS\ % MS[]R ^W]SÜ %!# `RPW RP âL_P \XVP \UP]NRP\ ]X RS\ WPYRP` ?XWb \SâWPO 0 AXNS ?RPW LW PVY]b MÜLWU ^W]SÜ ]RP QP` %" "! >NRÜX\\âLÜP[SP OS\NX_P[SP\
a]_fk Ykl &fjc
?RP YP[\S\]PW] ^[âP ]X O[L` ]RL] YX\\P\\PO 0SPâX Q[XV L bX^Wâ NRSÜO NL[[SPO SW]X 0SPâX´\ ÜL\] RX^[\ ?RP \PNXWO `PPUPWO XQ 0PNPVMP[ %$! ]RP[P `L\ LW XYPW RX^\P SW 0SPâX´\ RXVP LWO \]^OSX' RP `L\ ]XX `PLU ]X L]]PWO DP] RP QX^WO ]RP \][PWâ]R ]X O[L` XWP VX[P YSPNP QX[ L OXX[ Y[ScP RS\ ÜL\] `X[U XQ L[] QX[ ]RP Y^MÜSN L N^MS\] SWU O[L`SWâ
mZakla[ ec fe Yh]j
"OUPOJP %*&(0 7PDJ (BTQFSJOB *UBMZ "VHVTU %FDFNCFS
k dfe_ Yk o] dan] Y da^] f^ [mjafkalq Ye\ hYkkafe l`]j] ak Y Zal f^ a]_f ae Ydd f^ mk &]e\q XYp
?RP .PL^]b XQ 0SPâX
0SPâX S\ XWP XQ ]RP QP` L[]S\]SN YP[\XWLÜS]SP\ `RX\P YLSW]SWâ\ [PLÜÜb LYYPLÜ ]X YPXYÜP ?RPb ^WOP[\]LWO ]RPb âP] PaNS]PO LMX^] LWO ]RPb [PLÜÜb PWTXb ÜS_SWâ `S]R 0SPâX´\ L[] ?RP MPL^]b XQ RS\ YLSW]SWâ\ LWO ]RP OP\S[P XQ YX\\P\\SXW L[P XQ]PW \X SVVPW\P ]RL] YPXYÜP â[LO^LÜÜb LNZ^S[P VX[P LWO VX[P XQ RS\ `X[U 0SPâX M^bP[\ \XXW MPNXVP 0SPâX NXÜÜPN]X[\ ²
>SPâQ[SPO 0LRV\
5IF #FBVUZ PG %JFHP 1SFGBDF 4UFQIFO .BY 'PSFXPSE $ISJTUPQIFS 7PDJ 'PSFXPSE $POUJOVFE $ISJTUPQIFS 7PDJ %FEJDBUJPO UP )FMHB 7PDJ *OUSPEVDUJPO $PPQ $PPQSJEFS *OUSPEVDUJPO $POUJOVFE $PPQ $PPQSJEFS 5XP 1BHF 4QSFBE i'SJFOETw 0JM PO $BOWBT 'SJFOET $POUJOVFE 9 $. $PNNFOUBSZ SF i-B 7JPMFO[Bw -B 7JPMFO[B 0JM PO $BOWBT 9 $. $PNNFOUBSZ CZ $PPQSJEFS 4UPMFO 1BJOUJOH PG i5IF $MPXOw 3FXBSE Pรฒ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รถFE #PUUMF 0JM XJUI 4BOE PO $BOWBT 9 $. $PNNFOUBSZ $PPQSJEFS 3F 4UPMFO T 0JM 1BJOUJOH 5IF /VEF 3FXBSE 0รฒFSFE GPS SFUVSO DPOUBDU EJFHPWPDJQSPKFDU!HNBJM DPN i5IF /VEF 0JM PO $BOWBT FTU 9 $. DB FBSMZ hT 5IF 'JTIFSNFO T .JSBDVMPVT $BUDI 0JM XJUI 4BOE PO $BOWBT 9 $. 5XP 1BHF 4QSFBE 5IF 'JTIFSNFO T .JSBDVMPVT $BUDI 0JM XJUI 4BOE PO $BOWBT 9 $. $POUJOVFE &BSMZ %JFHP 7PDJ TJHOFE 1BJOUJOH EFQJDUJOH B i#BUI 4DFOFw -PDBUJPO VOLOPXO )PNNFT TVS MB QMBHF 'JHVSBUJWF 0JM PO $BOWBT 9 $. 1IPUP PG %JFHP JO IJT 4DIXFU[JOHFO 4UVEJP XPSLJOH PO i4VPOPUSJDF EJ -JOUP 4VPOPUSJDF EJ -JOUP 0JM PO $BOWBT 9 $. $PNNFOUBSZ -F "NJDIF -F "NJDIF 5FNQFSB BOE (PME -FBG 9 $.
2VPUBUJPO $PNQPTJ[POF EJ /VEP 0JM PO $BOWBT 9 $. 2VPUBUJPO )FMHB 7PDJ /VEF -JOF %SBXJOH 9 $. %JFHP 4FMG 1PSUSBJU XJUI DPNNFOUT %FS ,VOTUMFS VOE 4FJO .PEFM 0JM PO $BOWBT 9 $. 5XP 1BHF 4QSFBE i(BUIFSJOHT PG 8JTEPNw 5XP 1BHF 4QSFBE $POUJOVFE -B 5SBUUPSJB 0JM PO $BOWBT #MBDL BOE 8IJUF %SBXJOH EFQJDUJOH BO BSUJTUT TUVEJP XJUI UXP OVEF รถHVSFT UJUMF BOE MPDBUJPO VOLOPXO -F %VF %POOF 0JM PO $BOWBT Y $. (JSMT 'BDF 0JM PO $BOWBT 9 $. 5XP QBHF 4QSFBE (JSM XJUI 4UJMM -JGF 5FNQFSB 9 $. XJUI DPNNFOUBSZ CZ 4JFHGSJFE %BINT 5XP QBHF 4QSFBE DPOUJOVFE %FBUI JO #BUUMF 0JM PO #VSMBQ 9 $. DB 4VSSFBM 1BJOUJOH 0OF PG B GFX UIPVTBOE %JFHP T ZFU UP CF GPVOE 5IF -BEZ 0JM PO $BOWBT 9 $. 5XP 1BHF 4QSFBE 5IF -BEZ 0JM PO $BOWBT 9 $. 5XP 1BHF 4QSFBE /VEF 9 $. %BT .PEFMM EFT ,VOTUMFST 5FNQFSB 9 $. 'BDF 0G " :PVOH 8PNBO 0JM PO $BOWBT 9 $. /VEF $VCJTN 0JM PO $BOWBT 9 $. 4VSSFBMJTN $PNNFOUBSZ CZ -JTB $BNBSHP -FT "OJNBVY 0JM PO $BOWBT 9 $. %JF .VTFO WPO 1FSOBTVT (MBTT 1BJOU 4FSJFT 9 $. 5JUMF BOE -PDBUJPO VOLOPXO .BEPOOB BOE $IJME 0JM PO $BOWBT 9 $. %FVY +VFOOFT 'JMMFT 0JM PO $BOWBT 9 $. 5XP 1BHF 4QSFBE )PSTFT 5FNQFSB XJUI (MBTT 9 $. 5XP 1BHF 4QSFBE XJUI )PSTFT $POUJOVFE 5ISFF *NBHFT XJUI $PNNFOUBSZ CZ $ISJTUPQIFS 7PDJ %PO 2VJYPUF BOE $BSBTDP 0JM PO $BOWBT 9 $. %PO 2VJYPUF EFMMB .BODIBNN 0JM PO $BOWBT 9 $. %PO 2VJYPUF -JUIPHSBQI 9 $. $PNNFOUBSZ CZ $ISJTUPQIFS 7PDJ XJUI #BDLHSPVOE JNBHF PG %PO 2VJYPUF BOE $BSBTDP $JSDVT 1FPQMF 0JM PO $BOWBT 9 $. &SOFTUP UIF $MPXO 0JM XJUI 4BOE PO $BOWBT 9 $. 4UJMM -*GF -PDBUJPO 6OLOPXO %PSG BVG .FOPSDB 9 $. 5ISFF *NBHFT %SBXJOHT 5IF $PVQMF 9 $. -F #BMMFSJOF 9 $. /VEF /BNF BOE TJ[F /PU ,OPXO -FT %FVY 3FVT %SBXJOH 9 $. $MPXOT %SBXJOH 4JHOBUVSF JODMVEFT -BTU /BNF 7PDJ
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ร ร USF -F 5Iร ร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
-F 1PU #MFV 0JM PO $BOWBT 9 $. " MB 'FOFUSF 0JM PO $BOWBT 9 $. /BSSBUJWF GPS %BOT MB 3VF %BOT MB 3VF 0JM PO $BOWBT Y $. -PDBUJPO %FUBJMT 6OLOPXO -PDBUJPO %FUBJMT 6OLOPXO +FVOF )PNNF .VTJDJFO 0JM PO $BOWBT 9 $. -JTB $BNBSHP $PNNFOUBSZ 1BJOUJOH 5JUMF 6OLOPXO .BTRVFT EF MB $PNFEJF *UBMJFOOF 0JM PO $BOWBT 9 $. -PDBUJPO %FUBJMT 6OLOPXO /BSSBUJWF GPS %JFHP 4JHOBUVSF %JFHP QIPUP JO 4UVEJP )PSTFT 3BDJOH 9 $. 0JM PO $BOWBT TJHOFE " 7PDJ /BSSBUJWF GPS i"MU VOE +VOHw GFBUVSJOH B OFXTQBQFS DMJQQJOH GSPN UIF UJNF i"MU VOE +VOHw )PSTFT (SB[JOH 0JM PO $BOWBT 9 $. /BSSBUJWF GPS 4BJOU "OUPOJP 1BJOUJOH 3FDFOUMZ EJTDPWFSFE 4BJOU "OUPOJP 1BJOUJOH TJHOFE 70$* /BSSBUJWF GPS %JTDPWFSFE 'SFTDP JO (BTQFSJOB $ISJT 7PDJ 1IPUP PG UIF %JFHP 'SFTDP JO (BTQFSJOB /BSSBUJWF GPS %JFHP T รถOBM XPSL $VCJTUJD *OL PO 1BQFS 1IPUP PG %JFHP JO B (BSEFO 4FUUJOH $B *NBHF PG %JFHP XPSLJOH JO IJT TUVEJP $MPTJOH 2VPUBUJPO 4JFHGSJFE %BINT