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DPE YHX SUÒSLD &M .BOSFTË FT GB TFOUJS %PMPST 4BCBUFS IUUQ CMPDT NFTWJMBXFC DBU NJP[[

-B DBNQBOZB 4"-7&. -" 1-" $&5" IB SFDPMMJU BMtMFHBDJPOT EFMT WFÕOT EFM CBSSJ .BOSFTË EF #BEBMPOB RVF WPMFO JNQFEJS RVF FT TVQSJNFJYJ M ÞOJD FTQBJ QÞCMJD EF DFOUSBMJUBU DJVUBEBOB EF RVÒ EJTQPTB FO MB OPWB NPEJmDBDJØ 6" EFM 1&3* EFM CBSSJ "RVFTU BOZ QSFDJTBNFOU M BTTPDJBDJØ EF WFÕOT DFMFCSB FMT BOZT EF MB TFWB GVOEBDJØ J FO FM EJTTFOZ EFM QSPHSBNB E BDUFT IB JODMÛT BTQFDUFT E JOUFSÒT DJV UBEË NÏT FOMMË EFMT TFVT MÓNJUT UFSSJUPSJBMT DPOTDJFOU RVF ÏT VO CBSSJ FODBSB EFTDPOFHVU QFS B NPMUFT QFSTPOFT )JTUÛSJDBNFOU BRVFTU USPT EF DJVUBU T IB TFOUJU PCMJEBU EF MFT BENJOJTUSBDJPOT J M BTTPDJBDJØ WB FODFUBS J DPOUJ OVBS VOB UBTDB GPOBNFOUBM &M CBSSJ FT USPCB BM MÓNJU FOUSF #BEB MPOB J .POUHBU FOUSF M BVUPQJTUB J MBT QMBUKB J TFQBSBEB EF MB SFTUB

EFM %JTUSJDUF S QFS VOB [POB E FEJmDBDJPOT JOEVTUSJBMT J E PDJ OPDUVSO "RVFTUB VCJDBDJØ GB RVF TPWJOU TF M FTCPSSJ EFM NBQB mOT GB QPD FM QSPQJ BMDBMEF DPO TJEFSBWB RVF MB QPSUB /PSE EF #BEBMPOB FSB $BOZBEØ FSSBEB RVF KB IB FTUBU SFDUJmDBEB o J RVF IJ IBHJ EFJYBEFTB B M IPSB EF SFTPMESF DFSUT BTQFDUFT EF WJB QÞCMJDB VSCBOJTNF OFUFKB J TFSWFJT FO HFOFSBM OPNÏT DBM WFVSF QFS DJUBS BMHVOT FYFN QMFT MB GBMUB EF KPDT JOGBOUJMT BM NJOJ QBSD UPU FM USBN TFOTF WPSFSB B MB $BSSFUFSB EF 5JBOB P FM QBT TPUB MB WJB JNQSBDUJDBCMF BNC DBEJSB EF SPEFT J JODÛNPEF QFS B UPUIPN

&M 1&3* EFM CBSSJ ÏT JNQPSUBOU QFSRVÒ IB EF SFTPMESF FM OZBQ RVF DPNQPSUB BDUVBMNFOU FM EFTUÓ JOEVTUSJBM EF CPOB QBSU EF MB TVQFSGÓDJF RVF MMJOEB BNC MB $BSSFUFSB EF 5JBOB IB E FOESFÎBS FM MBUFSBM EF M BVUPQJTUB J IB E BVHNFOUBS TVCTUBODJBMNFOU M IBCJUBUHF EJTQPOJCMF QFS SFWJUBMJU[BS MB [POB &M OPNCSF E IBCJUBOUT FT

USJQMJDBSË J MÛHJDBNFOU DBMESË EFTUJOBS FTQBJ QFS B TFSWFJT J DBMESË WFUMMBS QFS MB DPIFTJØ FOUSF MB QBSU BOUJHB J MB OPWB 4PCUB RVF MB QSPQPTUB 6" FTNJDPMJ MB [POB WFSEB EF UBM NBOFSB RVF FM CBSSJ QFSE M ÞOJD FTQBJ QÞCMJD RVF BDUVBMNFOU UÏ QFS B MB USPCBEB J QFS B MB WJEB DPNVOJUËSJB MB QMBDFUB DBNQ EF GVUCPM VCJDBU FO VO FYUSFN RVF BNC MB OPWB DPOTUSVDDJØ E IBCJUBUHF FT DPOWFSUJSË FO DFOUSBM "SB RVF FMT DSJUFSJT VS CBOÓTUJDT EF MFT DJVUBUT BQPTUFO QFS GFS MFT B FTDBMB IVNBOB J QFS QSPNPVSF MB DPOWJWÒODJB GBDJMJUBOU FTQBJT E ÞT DPNÞ ÏT EFM UPU JODPNQSFOTJCMF RVF VOB SFNPEFMBDJØ E BRVFTUB NBHOJUVE FTCPSSJ EFM NBQB MB QMBDFUB 5BM DPN KB WBJH DPNFO UBS B QSJODJQJT EF KVMJPM QBSMBOU EF MFT OFDFTTJUBUT E FTQBJ B -B 4BMVU "MUB FMT FTQBJT VSCBOT QÞCMJDT J PCFSUT TØO OFDFTTJ UBU WJUBM E VOB DJVUBU J DPOEJ DJPOFO MB TFWB DPOWJWÒODJB 4BMWFN EPODT MB QMBDFUB EFM .BOSFTË

#BEBMPOB OP ÏT OPNÏT SPNBOB +PBO 4PMFS J "NJHØ

5PUT FMT CBEBMPOJOT TBCFN RVF #BEBMPOB ÏT E PSJHFO SPNË J FT EFJB #BFUVMP .PMUFT FOUJUBUT CPUJHVFT P TFSWFJT MJ IBO NBO MMFWBU FM OPN #BFUVMP #ÏUVMP P RVBMTFWPM WBSJBOU {/P SFDPS EFV FMT RVF KB TPV HSBOEFUT RVF EF M BVUPCÞT RVF BOBWB B MB $POSFSJB J B .PMMFU FO EÒJFN MB #ÒUVMB 'JOT J UPU MB .BSJB "VSÒMJB $BQNBOZ WB UJUVMBS #FUÞMJB VOB EF MFT TFWFT OPWFMtMFT QBTTB B MB #BEBMPOB EF MB QPTUHVFSSB B MB RVBM WB TFS EFTUFSSBEB QFM SÒHJN GSBORVJTUB B GFS EF QSPGFTTPSB EF M *OTUJUVU "MCÒOJ[ QFS IBWFS FTUBU EFM CËOEPM SFQVCMJDË 4PSU FO WBN UFOJS #BFUVMP EPODT DJVUBU SPNBOB &M .VTFV FO NPTUSB MFT UFSNFT J FM GÛSVN J FO EPOFO UFTUJNPOJ FMT KBSEJOT EF 2VJOU -JDJOJ MFT WJMtMFT J MFT SFTUFT EFM UFBUSF

0QJOJP JOEE

FOUFOESF J JOUFSQSFUBS QFS RVÒ #BEBMPOB ÏT BJYÓ EF iQPCSB CSVUB USJTUB J EJTTPSUBEBw J FMT CBEBMPOJOT TPN DPN TPN UPU J FTUJNBS MB iBNC VO EFTFTQFSBU EPMPSw -FT GËCSJRVFT FM USBRVFUFJH EF UFMFST FM TP FTUSJEFOU EF MFT TJSFOFT MFT HMPQBEFT EF GVN EF MFT YFNFOFJFT J EFM USFO -B IJTUÛSJB PCSFSB EF NPMUT CB SSJT EF UBOUFT iYJOYFT EF GËCSJ DBw J DSJBUVSFT GFOU E FTDBSSËT FO MMPD E BOBS B DPMtMFHJ -B IJTUÛSJB E VO NPWJNFOU PCSFS QVJYBOU EF MMVJUFT WBHVFT J SFJWJOEJDBDJPOT - BOUJHB JN NJHSBDJØ E BSBHPOFTPT NVS DJBOT J BMNFSJFODT J MFT RVF IBO TFHVJU mOT BSB -B OPTUSB IJTUÛSJB JOEVTUSJBM UBNCÏ ÏT VO QBUSJNPOJ B SFJ WJOEJDBS B SFDVQFSBS 4PWJOU OPNÏT O IBO RVFEBU VOT OPNT RVF QFS BM KPWFOU OP FYQSFTTFO SFT $JVUBU SPNBOB QPCMF NF EJFWBM 5BNCÏ DJVUBU PCSFSB J CVSHFTB DJVUBU JOEVTUSJBM

'JOT B MB 7FOVT RVF FOT UÏ B UPUT FOBNPSBUT * QFS TJ OP GPT QSPV MB .BHOB DFMFCSBUJP J MB USPCBEB E BSNBUT NBOBJFT J FTUBGFSNT FOT IP SFDPSEB DBEB BOZ BNC QSPGVTJØ -B SFTQMFOEPS SPNBOB FDMJQTB FMT DBSSFST UPSUVPTPT EF %BMU EF MB 7JMB MB #FUVMPOB NFEJF WBM * FM CFMM NPOFTUJS HÛUJD EF 4BOU +FSPOJ EF MB .VSUSB 1FSÛ ÏT MB IJTUÛSJB JOEVTUSJBM MB RVF UFOJN NÏT PCMJEB EB J NFOZTUJOHVEB "M DPT UBU EF #BFUVMP OP MJ EPOFN DBQ JNQPS UËODJB GJOT FOT O BWFSHPOZJN $PN B NPMU WBMPSFN MFT GËCSJRVFT NP EFSOJTUFT DBO $BTBDVCFSUB $BO 3JCØ DBO (VTJ MB -MBV OB M "OÓT EFM .POP `5BOUFT DPN IBO FTUBU FOEFSSPDBEFT $BO .POUBM FM $SJTUBMM $BO $B×FMMBT $BO $SPT $BO .FS DBEFS $PN TJ FM QBUSJNPOJ JOEVTUSJBM CBEBMPOÓ OP WBMHVÏT SFT $PN TJ OP GPT FM QVOU EF QBS UJEB JNQSFTDJOEJCMF QFS

727 %DGDORQD

//(),¬

320$5

//(),¬

È7,&2 P 7(55$=$ P KDE GREOH FRFLQD \ EDxR VDOyQ FRQ VDOLGD D W]D SUHFLVD UHIRUPDV =21$ $/7$ ¼ 376

3LVR 72'2 (;7(5,25 FRQ KDE 683(5 5()250$'2 DLUH IUtR FDORU DOWXUD UHDO -8172 ,*/(6,$ ¼ 376

/$ 6$/8'

3 /$ 6$/8'

3LVR ,'($/ 3$5(-$6 KDE EDxR SLH]DV FRFLQD GH RULJHQ VDOyQ F VDOLGD D EDOFyQ 08< %,(1 ',675,%8,'2 ¼ 376

%8)$/¬

3,62 FRQ KDE GREOHV 5()25 0$'2 VDOyQ P FDOHI DLUH DFRQG ¿QFD FRQ DVFHQVRU -8172 %,%/,27(&$ ¼ 376

3LVR HQ *32 9,5*(1 /$ 6$/8' GH KDE 72'2 (;7( 5,25 DOWR \ FRQ DVFHQVRU VDOyQ P FRQ EDOFyQ SUHFLVD UHIRUPDV ¼ 376

67$ &2/20$

-72 3(3 9(1785$

3LVR HQ %$55, //$7Ë MXQWR 0RQWLJDOj GH KDE 683(5 5()25 0$'2 LQVWDO QXHYDV SDUNHW FDOHI DLUH DFRQG ,03(&$%/( ¼ 376

3LVR -8172 02/Ë '( /$ 7255( FRQ KDE FRQ EDOFyQ FRFLQD \ EDxR VDOyQ FRPHGRU H[WHULRU OLVWR SDUD YLYLU ¼ 376

%8)$/¬

%8)$/¬

3LVR P KDE EDxR \ FRFLQD UHIRUPDGRV VDOyQ P F VDOLGD D EDOFyQ VXHOR JUHV FDOHIDF D D DVF /,672 3$5$ (175$5 $ 9,9,5 ¼ 376

3LVR P SDWLR P K GREOHV VDOyQ P 5()250$'2 $ (675(1$5 DPXHEODGR \ FRQ HOHFWURG FDOHIDF SRFRV YHFLQRV ¼ 376

&(175(

&(175(

&$6$*(0(6

$/)216 ;,,, 3LVR HQ /$ 6$/8' FRQ $6&(1625 GH KDE GREOHV

5()250$'2 EDOFyQ P FDOHI DLUH DFRQG /,672 3$5$ 9,9,5 ¼ 376

&$1<$'Ï

727 %DGDORQD

QBHJOB JOEE

3LVR 72'2 (;7(5,25 FRQ *5$1'(6 9,67$6 $ 0$5 KDE DQWHV VDOyQ HVWDU P EDOFyQ W]D DOWR \ FRQ DVFHQVRU 376

& //(),¬

7,$1$

3LVR 3$5$ (175$5 $ 9,9,5 GH P KDE SDUNHW \ JUHV EDOFyQ PX\ VROHDGR FDOHIDF DLUH DFRQG SDUNLQJ LQFOXLGR ¼ 376

&$6$*(0(6

0$6 5$0

3LVR /,672 3$5$ 9,9,5 P K GREOHV EDxR \ FRFLQD UHI VDOyQ P F VDOLGD D EDOFyQ SDUTXHW \ JUHV FDOHIDF D DFRQG DVFHQVRU ¼ 376

&DVD 3/$17$ %$-$ 3$7,2 P 7(55$=$6 KDE EDxR \ DVHR VDOyQ P FDOHIDF D D WUDVWHUR SRVLEOH HGL¿FDU SODQWDV PiV 08&+$6 326,%,/,'$'(6 ¼ 376

%8)$/¬

3LVR P 6(0, 18(92 FRQ ]RQD FRPXQLWDULD KDE VXLWWH

DPSOLR EDOFyQ FDOHIDF DLUH DFRQG -8172 3/$<$ ¼ 376

0217,*$/'83/(; P WHUUD]D P ,'($/ 3$5$ )$0,/,$6 KDE DLUH IUtR FDORU SXHUWDV UREOH -8172 $3(1,126 ¼ 376

//25('$

3LVR -8172 & '(/ 0$5 K GREOHV P 683(5 5()250$'2 DLUH DFRQ \ FDOHI ¿QFD SRFRV YHFLQRV WHUUD]D FRPXQLW =21$ ,10(-25$%/( ¼ 376

3LVR 6$17 &(%5,$ '( 9$//$/7$ 72'2 (;7(5,25 P KDE VXLWWH

EDxRV FRFLQD RI¿FH 7(55$=$ P FDOHIDF DVF =21$ &2081,7$5,$ & 3,6&,1$ 3. ,1&/8,'2 ¼ 376

3LVR FRQ KDE 72'2 (;7(5,25 EDOFyQ WLSR WHUUDFLWD ¿QFD FRQ DVFHQVRU DLUH IUtR FDORU /LVWR SDUD YLYLU ¼ 376

)5217 0$5Ë7,0 3LVR P SDWLR WHUUD]D P K GREOHV VXLWWH 72'2 (;7(5,25 VDOyQ P EDOFyQ FDOH IDF DLUH DFRQG ¿QFD FRQ DVFHQVRU ¼ 376

6$17 $'5,3LVR P K GREOHV EDxR FRPSOHWR FRFLQD DELHUWD DO VDOyQ GH P JUHV \ SDUNHW DLUH IUtR FDORU 5()250$'2 /,672 3$5$ 9,9,5 ¼ 376

3LVR FRQ $6&(1625 HQ F 5$021 //8// KDE H[WHULRUHV DPXHEODGR \ 5()250$'2 ¼ 376

&75$ $17 9$/(1&,$ 3LVR GH P KDE EDOFyQ FDOHIDF DLUH DFRQG $/72 < &21 $6&(1625 SDUNLQJ RSF -8172 '5 %$662/6 ¼ 376

3LVR 72'2 (;7(5,25 MXQWR LJOHVLD KDE 5()250$'2 VDOyQ HQ DPELHQWHV ¿QFD SRFRV YHFLQRV ¼ 376

2&$6,Ï1

/$ 025(5$

3LVR 6(0, 18(92 FRQ KDE WRGR H[WHULRU ¿QFD FRQ DVFHQVRU SDUNHW \ JUHV FDOHIDF DLUH DFRQG -8172 &(1752 ¼ 376

3LVR 6(0, 18(92 MXQWR &$1 62/(, KDE 7(55$=$ P SDUNHW SDUNLQJ RSF WRGR H[WHULRU DVFHQVRU ¼ 376

6$17 $'5,¬

*5$1 7255( $ 9,(1726 HQ SDUFHOD GH P \ P FRQVWUXLGRV KDELWDFLRQHV GREOHV FRFLQD RI¿FH P VDOyQ GH P FDOHIDF D D SLVFLQD 9,67$6 $/ 0$5 ¼ 376

6RODU P HGL¿FDEOH -8172 ,1'(3(1'(1&,$ IDFKDGD PWV [ PWV IRQGR SRVLEOH FRQVWUXLU SO EDMD SLVRV DFWXDOPHQWH JDUDMH \ JUDQ SDWLR P ¼ 376

&/$6,),&$'26

QBH JOEE

6 $ 1 $ ' 5 , $ &(1752

)5217 0$5,7,0 %$'$/21$

% $ ' $ / 2 1 $ &(1752

& %RJDWHOO 3LVR KDE $OWR ([WHULRU $VF 7RGR UHIRUPDGR &DOHI $ $ 3DUD HQWUDU D 9LYLU ³8QD H[FHOHQWH RSRUWXQLGDG SDUD SDUHMDV´

OLQHD GH PDU ³)DQ WDVWLFDV YLVWDV´ 3LVR +DE GREOHV $OWR $PSOLD WHUUD]D 3HUIHFWR HVWDGR =RQD FXP FRQ SLVF 'RV SOD]DV SN LQFO \ WUDVWHUR

3LVR HQ REUD QXHYD D HVWUH QDU KDE \ EDxRV %DOFyQ D OD FDOOH &DOHI \ D D $FDEDGRV GH FDOLGDG ³,GHDO SDUHMDV´ HQ HO SUHFLR LQFOXLGD OD SOD]D GH DSDUFDPLHQWR

3UHFLR ½

3UHFLR ½

3UHFLR ½

%$'$/21$ & $/)2162 ;,,,

6$17$ &2/20$ & ,5/$1'$

% $ ' $ / 2 1 $ &(1752

$YGD $OIRQVR ;,,, 3LVR GH KDELWDFLRQHV ([W $VFHQVRU 7RGR UHIRUPDGR SDUD HQWUDU D YLYLU =RQD PX\ ELHQ FRPXQLFDGD ³%XHQD RSRUWXQLGDG´

-WR -DFLQWR YHUGDJXHU 3LVR GH KDE $OWR $VFHQVRU ([W D OD FDOOH 3DUD HQWUDU D YLYLU ³,QFUHLEOH RSRUWXQLGDG SRU SUHFLR´

& $VVHPEOHD FDWDOXQ\D )UHQWH DO QXHYR $\XQW *UDQ SLVR HQ ¿QFD VHxRULDO PHWURV *UDQ VDOyQ KDE \ EDxRV KDE \ DVHR GH VHUYLFLR 3O] SN FRFKH JUDQGH ³/ODPH H LQIRUPHVH´

3UHFLR ½

3UHFLR ½

3UHFLR D FRQVXOWDU

727 %DGDORQD

2%5$ 18(9$ & *8,)5e -72 6$/(6,$126 %$'$/21$ &(1752 3LVRV GH \ KDE $FDEDGRV FDOLGDG ([W D FDOOH 0X\ VROHD GRV &OLPDOLW $ $ ERPED GH FDORU 3OD]DV SDUNLQJ RSF (175(*$ ,10(',$7$ 35(&,26 /RIW KDE ½ 3LVR KDE ½ 3LVR KDE \ JUDQ WHUUD]D SOD]D SDUNLQJ ½ 2%5$ 18(9$ & 0$5,1$

££$ OOHJDGR HO PRPHQWR GH FRPSUDU

2%5$ 18(9$ 5 6$17 -25', 2%5$ 18(9$ & %$/'20(52 62/­

-8172 5(1)( 021*$7 3LVRV GH KDELWDFLRQHV H[WHULRUHV VRODULXP 3ODQWD G~SOH[ KDELWDFLRQHV \ EDxRV DVHR \ JUDQ WHUUD]D $FDEDGRV GH H[FH OHQWH FDOLGDG 9LVWDV PX\ DJUDGDEOHV ([FHOHQWH ]RQD MXQWR DO PDU 3DUNLQJ \ WUDVWHUR RSFLRQDOHV (175(*$ ,10(',$7$ 35(&,26 KDE VRODULXP ½ '~SOH[ KDE \ JUDQ WHUUD]D ½

%$'$/21$ &(1752 3LVRV GH \ KDE JUDQGHV WHUUD]DV )LQFD REUD YLVWD $FDEDGRV GH FDOLGDG $ $ ERPED GH FDORU 3OD]DV GH SDUNLQJ RSFLRQDO HQ OD PLVPD ILQFD 9,6,7( 3,62 '( 08(675$ 35(&,26 'HVGH ½ KDE ½ KDE ½ KDE \ JUDQ WHUUUD]D

2%5$ 18(9$ -72 0­*,& %'1 & 0$57Ì 38-2/ %$'$/21$

2%5$ 18(9$ (1 &$1(7 '( 0$5

3LVRV KDE FRQ VRODULXP 3LVRV KDE FRQ VRODULXP 3ODQWDV G~SOH[ \ KDE FRQ WHUUD]D \ HQWUDGD LQGHS $FDEDGRV GH FDOLGDG 0X\ EXHQDV YLVWDV (175(*$ ,10(',$7$ 35(&,26 KDE \ WHUUD]D ½ KDE VRODULXP ½ 3ODQWD EDMD LQGHSHQGLHQWH JUDQ WHUUD]D ½

&$1(7 '( 0$5 &(1752 )DQWiVWLFRV SLVRV GH QXHYD FRQVWUXFFLyQ 3LVRV GH \ GRUPLWRULRV ÈWLFRV GXSOH[ FRQ WHUUD]D $FDEDGRV GH JUDQ FDOLGDG 7RGRV FRQ SOD]D GH SDUNLQJ \ WUDVWHUR LQFOXLGR HQ SUHFLR 3UHFLRV GHVGH 3LVR KDE ½ 3LVR KDE ½ ÉWLFR G~SOH[ \ WHUUD]D ½ /ODPH \ OH LQIRUPDUHPRV

(Q OD PHMRU ]RQD GH %DGDORQD MXQWR OD HVWDFLyQ GH 5(1)( $WLFRV GH WUHV GRUPLWRULRV GRV EDxRV \ JUDQ WHUUD]D $FDEDGRV GH FDOLGDG )DFLOLGDGHV GH ¿QDQFLDFLyQ 3UHFLR GHVGH VROR (XURV /ODPH \ OH LQIRUPDUHPRV

)DQWiVWLFRV SLVRV GH HQWUHJD LQPHGLDWD $PSOLRV VDORQHV GRUPLWRULRV DPSOLRV EDxRV &RFLQDV RI¿FH \ HTXLSDGDV 6XHOR GH PiUPRO &OLPDOLW $LUH DFRQGLFLRQDGR \ FDOHIDFFLyQ LQG D JDV 7RGRV H[WHULRUHV *UDQGHV WHUUD]DV \ VRODULXP 3DUNLQJ RSFLRQDO (175(*$ ,10(',$7$ 35(&,26 ½

6L HV XVWHG 35202725 OOiPHQRV \ KDEODPRV

$YHQLGD %XIDOi 3ODQWD %DGDORQD

ZZZ P LQWHJUDO FRP

727 %DGDORQD

. *OUFHSBM QBH JOEE

DFWXDOLWDW

UHSRUWDWJH

+PSEJ "MDPWFS SFEBDDJP!FMUPUEJHJUBM DPN

i.FOÞw E BOJWFSTBSJ t&M (SFNJ E )PTUBMFSJB J 5VSJTNF EFM #BSDFMPOÒT /PSE J &M .BSFTNF 4VE DFMFCSB FM Ò BOJWFSTBSJ J FT DPOTPMJEB DPN VO SFGFSFOU FNQSFTBSJBM B MB DPNBSDB t 6O EFMT NJMMPST SFHBMT RVF QPU PGFSJS M BHSVQBDJØ IPTUBMFSB ÏT FODBSBS FM GVUVS BNC VO HSBO SFQUF MB QSJNFSB FTDPMB E IPTUBMFSJB EF #BEBMPOB t &RVJQ EF QSPGFTTJPOBMT RVF DPNQPTFO FM (SFNJ Eh)PTUBMFSJB J 5VSJTNF EFM #BSDFMPOÏT /PSE J .BSFTNF 4VE

# B E B M P O B t & M H S F N J E )PTUBMFSJB J 5VSJTNF EFM #BSDFMPOÒT /PSE J #BJY .B SFTNF FTUË E FOIPSBCPOB &OHVBOZ DFMFCSB FM Ò BOJ WFSTBSJ BNC QSPQ E VO NJMFS J NJH E BTTPDJBUT J BNC NPMUT QSPKFDUFT J RVF NJSFO BM GVUVS EF M BTTPDJBDJØ &M NÏT JNNFEJBU ÏT VO OPV JOTUSVNFOU RVF QFSNFUSË EP OBS B DPOÒJYFS MFT BDUJWJUBUT J MB UBTDB RVF PSHBOJU[B M FOUJUBU QFS B UPUB MB DJVUBEBOJB &T USBDUB E VOB SFWJTUB RVF T FEJUBSË B m OBMT E BRVFTU NFT BNC NPUJV EF M FGFNÒSJEF J RVF B QBSUJS E BSB TPSUJSË BM DBSSFS DBEB USFT NFTPT BNC FOUSFWJTUFT J OPUÓDJFT TPCSF FMT SFTUBVSBOUT J IPUFMT EF MB DPNBSDB J JOGPSNBDJØ E VOB EF MFT BDUJWJUBUT RVF WB NÏT B M BMÎB FO QMFOB DSJTJ FDPOÛNJ DB FM NFSDBU EF USBTQBTTPT EF CBST J SFTUBVSBOUT * ÏT RVF UBM J DPN BTTFHVSB MB HF SFOU EFM (SFNJ /ÞSJB (BSSJHB NPMUT CBEBMPOJOT WFVFO RVF DPNQSBS VO CBS P VO SFTUBV SBOU QPUTFS VOB TPSUJEB B VOB QÒSEVB EF GFJOB P VO OFHPDJ GBMMJU QFSRVÒ iUPUT TPSUJN J QSF

&M3FQPSUBUHF JOEE

BTTVNJS M FODËSSFD RVBO FM QBQFS EFM (SFNJ FSB QVSBNFOU UFTUJNPOJBM w FYQMJDB (BSSJHB "M MMBSH E BRVFTUB MMBSHB EÒDB EB FM HSFNJ B RVJOUPQMJDBU FM OPNCSF JOJDJBM E BHSFNJBUT J T IB SFGPSÎBU DPN VO SFGFSFOU B M &TUBU QFMT FNQSFTBSJT EFM TFDUPS

OFN VO DBGÒ P BOFN EF NFOÞw BTTFHVSB MB HFSFOU

- BMUSB HSBO QSPKFDUF RVF UÏ FOUSF NBOT FM HSFNJ DPOTPMJ EBSË MB TFWB BQPTUB JOUFHSBM EFT EF RVF WB OÏYFS QFS UPUT FMT SFTUBVSBEPST J FMT FNQSF TBSJT EFEJDBUT B M IPTUBMFSJB EPOBS TFSWFJT J GPSNBDJØ 1SF DJTBNFOU BRVFTUB ÏT MB ÞMUJNB BQPTUB GPSNBS OPVT DVJOFST J OPVT SFTUBVSBEPST B MB DPNBS DB 1FS BRVFTU NPUJV FM (SFNJ UÏ QSFWJTU PCSJS FO VO BOZ MB QSJNFSB FTDPMB E )PTUBMFSJB EF #BEBMPOB 6OB [POB E FTQBJ EF DVJOB J EF EFHVTUBDJØ TFS WJSBO QFSRVÒ HFOFSBDJØ SFSF HFOFSBDJØ QVHVJ DPOUJOVBS VO NFSDBU RVF WB B M BMÎB B MB OPTUSB DPNBSDB FM EFM TFDUPS TFSWFJT J FO FTQFDJBM FM EF M IPTUBMFSJB

t 1PSUBEB EF MB OPWB SFWJTUB EFM (SFNJ

-B SFWJTUB EPOBSË B DPOÒJYFS FM MMBSH MMJTUBU EF TFSWFJT RVF PGF SFJY FM HSFNJ E IPTUBMFSJB QFMT TFVT NFNCSFT BTTFTTPSJB MFHBM FDPOÛNJDB J GJOBOÎF SB DPOTVMUPSJB FO SFDVSTPT IVNBOT J E JNNPCJMJËSJB 3FT B WFVSF FM RVF GB BSB BNC FM RVF GFJB BSB GB BOZT RVBO FODBSB OP IJ FSB MB TFWB HF SFOU /ÞSJB (BSSJHB i&MT JOJ DJT WB TFS NPMU EVST +P WBJH

1FS B NPMUT BOZT

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