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4EPEGI 7XSRI EVVMGGLMWGI :IVWEGI ,SQI GSR YRE GSPPI^MSRI HM TEZMQIRXM I VMZIWXMQIRXM GSWv VEJ½REXM IH IGPIXXMGM TIV MP XMTS HM PEZSVE^MSRI I P´EXXIR^MSRI EP HIXXEKPMS HE TSXIV IWWIVI YXMPM^^EXM WME EPP´MRXIVRS GLI EPP´IWXIVRS HIPPE GEWE MR YR GSRXMRYYQ HIGSVEXMZS HM JSVXI MQTEXXS 1E XYXXI PI GSPPI^MSRM WSRS HMWIKREXI WIGSRHS PS WXIWWS TVSKIXXS EFMXEXMZS VMGVIEVI P´MRGSRJSRHMFMPI MQTVSRXE :IVWEGI MR SKRM EQFMIRXI HSQIWXMGS :IVWEGI ,SQI r HYRUYI TYVE IWTVIWWMSRI HM UYIWXS WXMPI GEVEXXIVI WS½WXMGEXS HEPP´EXXMXYHMRI QSHIVRE


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4EPEGI 7XSRI IRLERGIW :IVWEGI ,SQI [MXL E WYTVIQIP] IGPIGXMG WX]PMWL GSPPIGXMSR SJ ¾SSV ERH [EPP GSZIVMRKW XLEX EVI WS ½RIP] QEHI ERH GEVIJYPP] HIXEMPIH XLEX XLI] GER FI YWIH FSXL MRWMHI ERH SYXWMHI XLI LSQI WS EW XS GVIEXI E TS[IVJYP YRMRXIVVYTXIH ¾S[ %PP XLI GSPPIGXMSRW EVI HIWMKRIH [MXL XLI WEQI EMQ MR QMRH XS

4EPEGI 7XSRI HE ZEPSV E :IVWEGI ,SQI GSR YRE GSPIGGMzR HI TEZMQIRXSW ] VIZIWXMQMIRXSW XER VI½REHSW GSQS IGPqGXMGSW TSV IP XMTS HI XVEFENS ] IP GYMHEHS HI PSW HIXEPPIW UYI TYIHI YXMPM^EVWI XERXS IR MRXIVMSVIW GSQI IR I\XIVMSVIW TEVE GVIEV YR GSRXMRYS HIGSVEXMZS HI KVER MQTEGXS 8SHEW PEW GSPIGGMSRIW WI LER HMWIyEHS WMKYMIRHS IP QMWQS

VIGVIEXI XLI YRQMWXEOIEFPI :IVWEGI PSSO MR IEGL ERH IZIV] TEVX SJ XLI LSQI :IVWEGI ,SQI MW XLI TYVIWX I\TVIWWMSR SJ XLMW WX]PI [MXL MXW WSTLMWXMGEXIH GLEVEGXIV ERH EFWSPYXIP] GSRXIQTSVEV] SYXPSSO

TVS]IGXS HIGSVEXMZS VITVSHYGMV IP MRGSRJYRHMFPI WIPPS :IVWEGI IR XSHSW PSW EQFMIRXIW HSQqWXMGSW 4SV IWXI QSXMZS :IVWEGI ,SQI IW PE TYVE I\TVIWMzR HI IWXI IWXMPS GEVjGXIV WS½WXMGEHS GSR YRE EGXMXYH QSHIVRE

4EPEGI 7XSRI ǙǣǤǣǠǢǴǚǧ ǕǦǦǣǥǧǝǡǚǢǧ :IVWEGI ,SQI

4EPEGI 7XSRI IRVMGLMX :IVWEGI ,SQI EZIG YRI GSPPIGXMSR HI WSPW IX HI VIZsXIQIRXW WM YRMUYIW TEV PIYV VEJ½RIQIRX IX TEV PI WSMR ETTSVXq k GLEUYI HqXEMP UY´MPW TIYZIRX LEFMPPIV EYWWM FMIR P´MRXqVMIYV UYI P´I\XqVMIYV HI P´LEFMXEXMSR IR YRI WSVXI HI GSRXMRYYQ HqGSVEXMJ KEKI HI KVERH MQTEGX 8SYXIW PIW GSPPIGXMSRW VqTSRHIRX k YR QsQI HIWWIMR LEFMXEXMJ VIGVqIV PE QEVUYI MRGSQTEVEFPI HI :IVWEGI EY WIMR HI GLEUYI IWTEGI :IVWEGI ,SQI IWX PE TPYW TYVI I\TVIWWMSR HI GI WX]PI UYM W´MRWGVMX k P´IRWIMKRI H´YR KIWXI IQTVIMRX HI PE QSHIVRMXq PE TPYW VEJ½RqI

ǟ ǣ Ǡ Ǡ ǚ ǟ ǫ ǝ ǚ Ǟ Ǣ Ǖ Ǥ ǣ Ǡ DZ Ǣ ǰ Ǫ Ǥ ǣ ǟ ǥ ǰ ǧ ǝ Ǟ ǝ ǣ ǖ Ǡ ǝ ǫ ǣ Ǘ ǟ ǝ ǣǧǠǝǬǕdzǮǚǞǦǴ ǧǕǟǣǞ ǝǜǰǦǟǕǢǢǣǦǧDZdz ǝ DzǟǠǚǟǧǝǬǢǣǦǧDZdz ǤǥǣǴǗǠǴdzǮǚǞǦǴ Ǘ ǣǖǥǕǖǣǧǟǚ ǝ Ǘǣ ǗǢǝǡǕǢǝǝ ǟ ǙǚǧǕǠǴǡ ǖǠǕǘǣǙǕǥǴ ǟǣǧǣǥǣǞ ǣǢǕ ǤǣǙǪǣǙǝǧ ǟǕǟ ǙǠǴ ǗǢǨǧǥǚǢǢǚǞ ǧǕǟ ǝ ǗǢǚǭǢǚǞ ǣǧǙǚǠǟǝ ǙǣǡǕ ǦǣǜǙǕǗǕǴ ǘǕǥǡǣǢǝǬǢǣ ǚǙǝǢǰǞ ǝ

DzǩǩǚǟǧǢǰǞ Ǚǚǟǣǥ ǗǦǚ ǟǣǠǠǚǟǫǝǝ ǥǕǜǥǕǖǣǧǕǢǰ ǦǣǘǠǕǦǢǣ ǣǙǢǣǡǨ ǝ ǧǣǡǨ Ǜǚ ǜǕǡǰǦǠǨ ǣǖǨǦǧǥǣǞǦǧǗǕ ǛǝǠDZǴ ǗǣǦǦǣǜǙǕǧDZ ǨǢǝǟǕǠDZǢǰǞ ǦǧǝǠDZ :IVWEGI Ǘ Ǡdzǖǣǡ ǙǣǡǕǭǢǚǡ ǤǣǡǚǮǚǢǝǝ ǟǣǠǠǚǟǫǝǴ :IVWEGI ,SQI ǴǗǠǴǚǧǦǴ ǕǖǦǣǠdzǧǢǰǡ ǗǰǥǕǛǚǢǝǚǡ Dzǧǣǘǣ ǦǧǝǠǴ ǢǣǦǴǮǚǘǣ ǝǜǰǦǟǕǢǢǰǞ ǪǕǥǕǟǧǚǥ ǦǣǗǥǚǡǚǢǢǣǘǣ ǢǕǤǥǕǗǠǚǢǝǴ

4EPEGI 7XSRIḋᓣ๲ࡴ:IVWEGI ,SQIⱘ㕢㾖 ݊催䲙 ⡍⅞ ҹঞ⊼ᛣ㒚㡖ࡴᎹⱘഄⷪ੠๭ⷪৃҹ㺙೼᠓ሟⱘ䞠䴶 ੠໪䴶 㒭ќϔ⾡䖲㓁㺙佄ⱘさߎᬜᵰ ᠔᳝ḋᓣⱘ䆒䅵‫݋‬᳝ϔḋⱘᏗ㕂乍Ⳃ Փ↣䯈᠓ᄤ䆒 䅵‫݋‬᳝:IVWEGI⣀⡍ⱘ亢Ḑ ಴ℸ :IVWEGI ,SQI ԰Ў䖭 ⾡亢Ḑⱘ㸼⦄ Ӭ䲙ঞ⦄ҷⱘ⡍ᕕ

4EPEGI 7XSRI VIMGLIVX :IVWEGI ,SQI QMX IMRIV &SHIR YRH ;ERHTPEXXIROSPPIOXMSR ER HIVIR &IEVFIMXYRK YRH WSVKJmPXMKIR (IXEMPW HIVEVX VEJ½RMIVX YRH IOPIOXMWGL WMRH HEWW WMI WS[SLP MR -RRIR EPW EYGL %Y IRFIVIMGLIR )MRWEX^ ½RHIR MR IMRIQ L}GLWX IMRHVYGOWIV[IGOIRHIQ HIOSVEXMZIR 'SRXMRYYQ 9RH HSGL WMRH EPPI /SPPIOXMSR REGL IMRIQ KPIMGLIR ;SLROSR^ITX IRX[MGOIPX (EW )MRFVMRKIR HIV YRZIVOIRRFEVIR :IVWEGI 1IVOQEPI MR EPPIR ;SLRFIVIMGLIR :IVWEGI ,SQI MWX HIV VIMRI %YWHVYGO HMIWIW 7XMPW YRH HIW LSGLJIMRIR 'LEVEOXIVW IMRIV QSHIVRIR )MRWXIPPYRK


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0IW QEXqVMEY\ 4EPEGI 7XSRI TIYZIRX sXVI YXMPMWqW IR XSYXI PMFIVXq EY WIMR HI P´IWTEGI EVGLMXIGXYVEP IR GVqERX YRI JSVXI LEVQSRMI IRXVI PIW HMJJqVIRXIW TMrGIW (I PE WEPPI HI FEMRW k PE GYMWMRI HY WqNSYV EY\ GLEQFVIW IX EY NEVHMR MPW TIYZIRX sXVI TSWqW EYWWM FMIR GSQQI VIZsXIQIRX HI WSP UYI GSQQI VIZsXIQIRX QYVEP 0IW GEVEGXqVMWXMUYIW XIGLRMUYIW HY TPYW LEYX RMZIEY TIVQIXXIRX qKEPIQIRX PIYV YXMPMWEXMSR HERW PIW IWTEGIW PIW TPYW WSPPMGMXqW

(MI 1EXIVMEPMIR 4EPEGI 7XSRI PEWWIR WMGL EVGLMXIOXSRMWGL MR IMRIQ +VEH 4ERSVEQE IMRWIX^IR YRH ZIVFMRHIR HEFIM HMI ZIVWGLMIHIRIR ;SLRFIVIMGLI MR WXEVOIQ )MROPERK :SQ &EHI^MQQIV FMW ^YV / GLI ZSQ 0MZMRK &IVIMGL FMW ^YV 2EGLX^SRI ZSQ ;SLR^MQQIV FMW ^YQ +EVXIR O}RRIR WMI WS[SLP &}HIR EPW EYGL ;mRHI EYWOPIMHIR (ERO MLVIV XIGLRMWGLIR 7TMX^IRIMKIRWGLEJXIR ½RHIR WMI WIPFWX MR WXEVO FIERWTVYGLXIR &IVIMGLIR )MRWEX^

ǡǕǧǚǥǝǕǠǰ 4EPEGI 7XSRI ǖǰǠǝ ǥǕǜǥǕǖǣǧǕǢǰ ǙǠǴ ǨǦǤǚǭǢǣǘǣ ǨǙǣǗǠǚǧǗǣǥǚǢǝǴ ǡǢǣǘǣǬǝǦǠǚǢǢǰǪ ǧǥǚǖǣǗǕǢǝǞ ǤǥǣǚǟǧǕ ǝ ǙǠǴ ǣǖǚǦǤǚǬǚǢǝǴ ǡǕǟǦǝǡǕǠDZǢǣǞ ǤǥǕǟǧǝǬǢǣǦǧǝ ǝ ǘǝǖǟǣǦǧǝ Ǥǥǝ ǣǖǠǝǫǣǗǟǚ ǤǣǠǣǗ Ǖ ǧǕǟǛǚ ǗǢǚǭǢǚǘǣ ǝ ǗǢǨǧǥǚǢǢǚǘǣ ǤǥǣǦǧǥǕǢǦǧǗǕ ǙǣǡǕ ǭǝǥǣǟǝǞ ǟǥǨǘ ǤǥǝǡǚǢǚǢǝǴ

4EPEGI 7XSRIⷪᵓⱘॳ᭭ⱘ䗝প䩜ᇍѢ⒵䎇↣⾡乍Ⳃⱘ䳔∖ ৃҹᕜᮍ֓ഄ䫎ᬒ៪䭊೼᠓ሟⱘ‫ݙ‬䴶੠໪䴶

9RPMQMXIH TSXIRXMEP JSV YWI 8LI 4EPEGI 7XSRI QEXIVMEPW GER FI YWIH MR ER] EVGLMXIGXYVEP GSRXI\X GVIEXMRK WXVSRK WX]PMWXMG PMROW FIX[IIR VSSQW *VSQ XLI FEXLVSSQ XS XLI OMXGLIR JVSQ XLI PMZMRK EVIE XS XLI FIHVSSQW JVSQ XLI PSYRKI XS XLI KEVHIR YWIH SR FSXL ¾SSVW ERH [EPPW 8LI QEXIVMEP´W XST KVEHI XIGLRMGEP JIEXYVIW EPPS[ MXW YWI IZIR MR GSRXI\XW [LIVI LMKL PIZIPW SJ VIWMWXERGI EVI VIUYMVIH

0SW QEXIVMEPIW 4EPEGI 7XSRI IWXjR TIRWEHSW TEVE VIWTSRHIV I½GE^QIRXI E PEW HMJIVIRXIW RIGIWMHEHIW HIP TVS]IGXS TIVQMXMIRHS GSPSGEV TEZMQIRXSW ] VIZIWXMQMIRXSW IR PSW IWTEGMSW MRXIVMSVIW ] I\XIVMSVIW HI PE GEWE HI QERIVE JjGMP ] TVjGXMGE 9RE ETPMGEGMzR MRXIKVEP 0SW QEXIVMEPIW 4EPEGI 7XSRI TYIHIR IQTPIEVWI E KVEHSW HIRXVS HIP IWTEGMS EVUYMXIGXzRMGS GVIERHS YRE JYIVXI WMRXSRuE IRXVI PSW HMWXMRXSW EQFMIRXIW %FEVGERHS HIP FEyS E PE GSGMRE HIP WEPzR E PSW HSVQMXSVMSW HIP GSQIHSV EP NEVHuR TYIHIR GSPSGEVWI GSQS TEZMQIRXS S GSQS VIZIWXMQMIRXS 7YW GEVEGXIVuWXMGEW XqGRMGEW WSR HI Qj\MQS RMZIP ] TIVQMXIR XEQFMqR PE GSPSGEGMzR IR PYKEVIW WSQIXMHSW E XIRWMSRIW

ǡǕǧǚǥǝǕǠǰ 4EPEGI 7XSRI ǢǕǪǣǙǴǧ ǭǝǥǣǬǕǞǭǚǚ ǤǥǝǡǚǢǚǢǝǚ Ǘ ǣǧǙǚǠǟǚ ǕǥǪǝǧǚǟǧǨǥǢǣǘǣ ǤǥǣǦǧǥǕǢǦǧǗǕ ǦǣǜǙǕǗǕǴ ǦǝǠDZǢǨdz ǘǕǥǡǣǢǝǬǢǨdz ǦǗǴǜDZ ǡǚǛǙǨ ǤǣǡǚǮǚǢǝǴǡǝ ǝ Ǫ ǡǣǛǢǣ ǝǦǤǣǠDZǜǣǗǕǧDZ ǟǕǟ ǙǠǴ ǤǣǟǥǰǧǝǴ ǤǣǠǕ ǧǕǟ ǝ ǙǠǴ ǣǖǠǝǫǣǗǟǝ ǦǧǚǢ ǗǕǢǢǣǞ ǝ ǟǨǪǢǝ ǦǧǣǠǣǗǣǞ ǝ ǦǤǕǠDZǢǝ ǘǣǦǧǝǢǣǞ ǝ ǦǕǙǕ ǖǠǕǘǣǙǕǥǴ ǦǗǣǝǡ ǗǰǦǣǬǕǞǭǝǡ ǧǚǪǢǝǬǚǦǟǝǡ ǪǕǥǕǟǧǚǥǝǦǧǝǟǕǡ Dzǧǝ ǡǕǧǚǥǝǕǠǰ ǡǣǘǨǧ ǖǰǧDZ ǝǦǤǣǠDZǜǣǗǕǢǰ ǧǕǟǛǚ ǙǠǴ ǣǧǙǚǠǟǝ ǤǣǗǚǥǪǢǣǦǧǚǞ ǤǣǙǗǚǥǛǚǢǢǰǪ ǗǣǜǙǚǞǦǧǗǝdz ǜǢǕǬǝǧǚǠDZǢǰǪ ǢǕǘǥǨǜǣǟ

ܼᮍԡՓ⫼ 4EPEGI 7XSRIⷪᵓⱘॳ᭭ৃҹՓ⫼೼ᓎㄥぎ䯈ⱘ ᑺⱘ㣗ೈ ‫ݙ‬ҹঞ㒭ќϡৠ᠓䯈ⱘ⦃๗ϔ⾡ण䇗ⱘ䆒䅵 Ң⍈ᅸࠄॼ᠓ Ң/LYLQJऎ ॼ᠓੠ᅶख़ ࠄ䍋ሙᅸ Ңᅶख़ࠄ㢅ು 䖭ѯⷪ ᵓৃҹ԰Ўഄⷪ៪๭ⷪ ⬅Ѣ݊催䋼䞣ⱘᡔᴃ⡍⚍ ৃҹᡞᅗ Ӏ⫼೼⍌㱔⿟ᑺᕜ໻ⱘ⦃๗Ϟ

923 7'69430373 463')773 463(988-:3 +)2)6% -0 +6)7 436')00%2%83 4%0%') - QEXIVMEPM 4EPEGI WSRS MP JVYXXS HM EGGYVEXI VMGIVGLI HEPPE WIPI^MSRI HIPPI QEXIVMI TVMQI EPPE TVIWWEXYVE HEPPE GSXXYVE EPPE GSRGPYWMZE VIXXM½GE HIPPE PEWXVE -P +VIW 4SVGIPPEREXS 4EPEGI r QEXIVME EPPS WXEXS TYVS HEPPI GEVEXXIVMWXMGLI SQSKIRII PYRKS XYXXS MP WYS WTIWWSVI 9R QEXIVMEPI GSPSVEXS MR QEWWE VIWMWXIRXI JSVXI I GEVEXXIVM^^EXS HE PEWXVI VIXXM½GEXI QSHYPEVM - QIXSHM GSR GYM +EVHIRME 3VGLMHIE VIEPM^^E M TVSTVM TVSHSXXM WSRS XIGRSPSKMGEQIRXI EPP´EZERKYEVHME WSWXIRYXM HE YR IRKMRIIVMRK HM YPXMQE KIRIVE^MSRI 8VE UYIWXI XIGRSPSKMI QIVMXE TEVXMGSPEVI EXXIR^MSRI ,M 6IW 4VMRX PE RYSZE XIGRSPSKME HM WXEQTE EH EPXE VMWSPY^MSRI GSR UYEPMXk JSXSKVE½GE HIPPE TMIXVE REXYVEPI

% 1)8-'90397 463(9'8-32 463')77 +)2)6%8)7 4%0%') 436')0%-2 7832);%6) 8LI 4EPEGI QEXIVMEPW EVI XLI SYXGSQI SJ TEMRWXEOMRK VIWIEVGL JVSQ XLI WIPIGXMSR SJ XLI VE[ QEXIVMEPW XS TVIWWMRK JVSQ ½VMRK XS XLI ½REP IHKI KVMRHMRK SJ XLI WPEF 4EPEGI 4SVGIPEMR 7XSRI[EVI MW YREHYPXIVEXIH QEXXIV [MXL GLEVEGXIVMWXMGW XLEX VIQEMR XLI WEQI VMKLX XLVSYKL MXW XLMGORIWW % QEXIVMEP [MXL XLVSYKL FSH] GSPSYV LEVH [IEVMRK WXVSRK ERH WYTTPMIH MR QSHYPEV VIGXM½IH WPEFW 8LI QIXLSHW F] [LMGL +EVHIRME 3VGLMHIE TVSHYGIW MXW TVSHYGXW EVI EX XLI XIGLRSPSKMGEP WXEXI SJ XLI EVX FEGOIH YT F] PEXIWX KIRIVEXMSR IRKMRIIVMRK /I] EQSRKWX XLIWI XIGLRSPSKMIW MW ,M 6IW 4VMRX XLI RI[ LMKL VIWSPYXMSR XIGLRSPSK] JSV TVMRXMRK REXYVEP WXSRI ½RMWLIW [MXL TLSXSKVETLMG UYEPMX]

)-2 7/694)0,%*8)6 463(9/8-327463>)77 )6>)9+8 (%7 *)-278)-2>)9+ 4%0%') (MI 1EXIVMEPMIR ZSR 4EPEGI WMRH HEW )VKIFRMW WSVKJmPXMKIV *SVWGLYRKIR :SR HIV ;ELP HIV 6SLWXSJJI FMW ^YV 4VIWWYRK ZSQ &VERH FMW ^YQ EFWGLPMI IRHIR 7GLPMJJ HIV 4PEXXIROERXIR (EW *IMRWXIMR^IYK 4EPEGI MWX 1EXIVMI TYV QMX LSQSKIRIR )MKIRWGLEJXIR EYJ HIV KIWEQXIR (MGOI )MR MR HIV 1EWWI KIJmVFXIW 1EXIVMEP FIWXmRHMK WXEVO YRH ZSR QSHYPEVIR WGLEVJOERXMK KIWGLPMJJIRIR 4PEXXIR KIOIRR^IMGLRIX (MI 1IXLSHIR QMX HIRIR +EVHIRME 3VGLMHIE MLVI 4VSHYOXI JIV XMKX WMRH XIGLRSPSKMWGL LSGLQSHIVR YRH [IVHIR ZSR IMRIQ )RKMRIIVMRK HIV PIX^XIR +IRIVEXMSR YRXIVWX X^X &IWSRHIVIW %YKIRQIVO ZIVHMIRX HEVYRXIV ,M 6IW 4VMRX HMI RIYI 2EXYVWXIMRHVYGO 8IGLRSPSKMI QMX LSLIV %Y¾}WYRK QMX JSXSKVE½WGLIV 5YEPMXmX

92 7'69490)9< 463')7797 () 463(9'8-32 +f2Ç6) 0) +6Ç7 'f6%1) 4%0%') 0IW QEXqVMEY\ 4EPEGI WSRX PI VqWYPXEX HI VIGLIVGLIW ETTVSJSRHMIW HI PE WqPIGXMSR HIW QEXMrVIW TVIQMrVIW EY TVIWWEKI HI PE GYMWWSR k PE VIGXM½GEXMSR HIW GEVVIEY\ 0I KVrW GqVEQI 4EPEGI IWX YRI QEXMrVI LSQSKrRI k P´qXEX TYV WIW GEVEGXqVMWXMUYIW W´qXIRHERX k XSYXI P´qTEMWWIYV 9R QEXqVMEY GSPSVq HERW PE QEWWI VqWMWXERX VSFYWXI IX TVSHYMX IR GEVVIEY\ VIGXM½qW IX QSHYPEMVIW 0IW QqXLSHIW k XVEZIVW PIWUYIPPIW +EVHIRME 3VGLMHIE VqEPMWI WIW TVSHYMXW WSRX k P´EZERX KEVHI IX FqRq½GMIRX HIW GSRREMWWERGIW XIGLRSPSKMUYIW HI PE HIVRMrVI KqRqVEXMSR 4EVQM PIW XIGLRSPSKMIW QMWIW IR ®YZVI MP GSRZMIRX HI QIRXMSRRIV PE ,M 6IW 4VMRX PE RSYZIPPI XIGLRSPSKMI H´MQTVIWWMSR k LEYXI VqWSPYXMSR HI PE TMIVVI REXYVIPPI GSQTEVEFPI k PE UYEPMXq TLSXSKVETLMUYI

92 1-29'-373 463')73 463(9'8-:3 '6)% )0 +6)7 436')0Å2-'3 4%0%') 0SW QEXIVMEPIW 4EPEGI WSR IP JVYXS HI MRZIWXMKEGMSRIW I\LEYWXMZEW HIWHI PE WIPIGGMzR HI PE QEXIVME TVMQE LEWXE IP TVIRWEHS ] HIWHI PE GSGGMzR LEWXE PE VIGXM½GEGMzR ½REP HI PE TMI^E )P +VIW 4SVGIPjRMGS 4EPEGI IW QEXIVME IR IWXEHS TYVS GSR GEVEGXIVuWXMGEW LSQSKqRIEW IR XSHS WY KVSWSV 9R QEXIVMEP GSPSVIEHS IR XSHE WY QEWE VIWMWXIRXI JYIVXI ] GEVEGXIVM^EHS TSV TMI^EW QSHYPEVIW VIGXM½GEHEW 0SW QqXSHSW GSR PSW UYI +EVHIRME 3VGLMHIE VIEPM^E WYW TVSHYGXSW IWXjR XIGRSPzKMGEQIRXI E PE ZERKYEVHME WSWXIRMHSW TSV YRE MRKIRMIVuE HI PXMQE KIRIVEGMzR )RXVI IWXEW XIGRSPSKuEW GEFI HIWXEGEV PE ,M 6IW 4VMRX PE RYIZE XIGRSPSKuE HI MQTVIWMzR HI EPXE VIWSPYGMzR

GSR GEPMHEH JSXSKVj½GE HI PE TMIHVE REXYVEP

ǘǠǕǜǨǥǣǗǕǢǢǰǞ ǟǚǥǕǡǣǘǥǕǢǝǧ 4%0%') ² ǥǚǜǨǠDZǧǕǧ ǟǥǣǤǣǧǠǝǗǣǘǣ ǤǥǣǝǜǗǣǙǦǧǗǚǢǢǣǘǣ ǤǥǣǫǚǦǦǕ ǡǕǧǚǥǝǕǠǰ 4EPEGI ² Dzǧǣ ǥǚǜǨǠDZǧǕǧ ǧǮǕǧǚǠDZǢǰǪ ǤǣǝǦǟǣǗ ǣǧ ǣǧǖǣǥǕ ǦǰǥDZǴ Ǚǣ ǤǥǚǦǦǣǗǕǢǝǴ ǣǧ ǣǖǛǝǘǕ Ǚǣ ǜǕǟǠdzǬǝǧǚǠDZǢǣǞ ǥǚǟǧǝǩǝǟǕǫǝǝ ǤǠǝǧǟǝ ǟǚǥǕǡǣǘǥǕǢǝǧ 4EPEGI ² Dzǧǣ ǡǕǧǚǥǝǕǠ Ǘ ǬǝǦǧǣǡ ǗǝǙǚ ǣǖǠǕǙǕdzǮǝǞ ǣǙǢǣǥǣǙǢǰǡǝ ǪǕǥǕǟǧǚǥǝǦǧǝǟǕǡǝ Ǥǣ ǗǦǚǞ ǦǗǣǚǞ ǧǣǠǮǝǢǚ ǥǚǟǧǝǩǝǫǝǥǣǗǕǢǢǕǴ ǤǠǝǧǟǕ ǝǜǘǣǧǣǗǠǚǢǢǕǴ ǝǜ ǣǟǥǕǭǚǢǢǣǘǣ Ǘ ǡǕǦǦǚ ǡǕǧǚǥǝǕǠǕ ǣǧǠǝǬǕǚǧǦǴ ǨǦǧǣǞǬǝǗǣǦǧDZdz ǤǥǣǬǢǣǦǧDZdz ǝ ǤǥǚǙǢǕǜǢǕǬǚǢǕ ǙǠǴ ǡǣǙǨǠDZǢǣǞ ǨǟǠǕǙǟǝ Ǘ ǡǚǧǣǙǕǪ ǥǚǕǠǝǜǕǫǝǝ ǦǗǣǝǪ ǤǥǣǙǨǟǧǣǗ +EVHIRME 3VGLMHIE ǝǦǤǣǠDZǜǨǚǧ ǤǚǥǚǙǣǗǰǚ ǧǚǪǢǣǠǣǘǝǝ Ǘ ǦǣǬǚǧǕǢǝǝ Ǧ ǢǣǗǚǞǭǝǡǝ ǙǣǦǧǝǛǚǢǝǴǡǝ Ǘ ǣǖǠǕǦǧǝ ǝǢǛǝǢǝǥǝǢǘǕ ǦǥǚǙǝ DzǧǝǪ ǧǚǪǢǣǠǣǘǝǞ ǣǦǣǖǣǘǣ ǗǢǝǡǕǢǝǴ ǜǕǦǠǨǛǝǗǕǚǧ +, 5(6 35,17 ǢǣǗǕǴ ǧǚǪǢǣǠǣǘǝǴ ǤǚǬǕǧǝ ǗǰǦǣǟǣǘǣ ǥǕǜǥǚǭǚǢǝǴ ǩǣǧǣǘǥǕǩǝǬǚǦǟǣǘǣ ǟǕǬǚǦǧǗǕ ǝǡǝǧǝǥǨdzǮǚǞ ǥǝǦǨǢǣǟ ǢǕǧǨǥǕǠDZǢǣǘǣ ǟǕǡǢǴ

ϔ⾡㊒㒚㒚㟈ⱘ⫳ѻ䖛⿟ѻ⫳4%0%') +6)7⫋ⷪ 4EPEGIⷪᵓⱘᴤ᭭԰Ў⏅ܹ㒚㟈ⷨおⱘৢᵰ Ң䗝᭭ࠄ῵य़ 䖛⿟ Ң⚻ࠊࠄ䴶ᵓⱘ᳔ৢ䇗ᭈ䖛⿟ 4EPEGI +VIW⫋ⷪᰃ㒃ॳ ᭭ ᭈϾ८䴶‫݋‬᳝ഛࣔⱘ⡍ᕕ ⷪᵓॳ᭭ⱘᘏԧ㹿ᶧ㡆 ᴤ᭭ᕜ㒧ᅲ 催ᔎᑺҹঞ⬅Ѣ䇗ᭈ ⱘ῵ഫ㒘៤ⱘ +EVHIRME 3VGLMHIE݀ৌ⫳ѻ݊ѻકⱘᡔᴃ䛑ᕜ‫ܜ‬䖯 䛑ሲѢ᳔ ᮄⱘᎹ⿟ᡔᴃ 䖭ѯᡔᴃЁ+L 5HV 3ULQWᕜؐᕫ⍜䌍㗙⊼ᛣ ໽✊⷇༈ⱘߚ䕼 ⥛催 ᏺᨘᕅ䋼䞣 ⱘᠧॄᡔᴃ


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0E GSPPI^MSRI 4EPEGI 7XSRI TVIWIRXE HYI ZEVMERXM GSR HMJJIVIRXM ½RMXYVI HIPPE WYTIV½GMI 2EXYVEPI YRE WYTIV½GMI WIRWMFMPQIRXI WXVYXXYVEXE GLI VMGLMEQE PE XMTMGE VYKSWMXk HIPPE TMIXVE REXYVEPI 5YIWXE ½RMXYVE WM GEVEXXIVM^^E TIV P´EPXS PMZIPPS HM VIWMWXIR^E EPPS WGMZSPEQIRXS 6 UYMRHM TEVXMGSPEVQIRXI EHEXXE ERGLI TIV PE TSWE MR IWXIVRS 0ETTEXE MR 'VIWXE GSR UYIWXE VEJ½REXE PEZSVE^MSRI HM ½RMXYVE SKRM TMEWXVIPPE ZMIRI PIZMKEXE MR QSHS XEPQIRXI PIKKIVS GLI PI QSPI XSGGERS WSPS PE GMQE HIPPE WXVYXXYVE WYTIV½GMEPI PEWGMERHS MREPXIVEXS MP VIWXS - VM¾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

(-) >;)- 3&)6*0c',)2 :32 4%0%') 7832) (MI /SPPIOXMSR 4EPEGI 7XSRI TVmWIRXMIVX ^[IM :EVMERXIR QMX YRXIVWGLMIHPMGLIR 3FIV J PmGLIR 2EXYV )MRI J LPFEV WXVYOXYVMIVXI 3FIV J PmGLI HMI ER HMI X]TMWGLI 6EYLIMX HIV 2EXYVWXIMRI IVMRRIVX (MIWI 3FIVJ PmGLI ^IMGLRIX WMGL HYVGL MLVIR KILSFIRIR 6YXWGLLIQQYRKW[IVX EYW 6 YRH MWX HEHYVGL EYGL J V HMI :IV PIKYRK MR %Y IRFIVIMGLIR FIWSRHIVW KIIMKRIX 0 I M G L X E Q T S P M I V X & I M H M I W I V V E J J M R M I V X I R 3FIVJ PmGLIRFIEVFIMXYRK [MVH NIHI *PMIWI WS PIMGLX ERTSPMIVX HEWW HMI 7GLPIMJWGLIMFIR HEFIM HMI 3FIV J PmGLIRWXVYOXYV RYV ER HIV 7TMX^I FIV LVIR YRH HIR 6IWX YRZIVmRHIVX PEWWIR (MI HYVGL HMI OPIMRIR TSPMIVXIR >SRIR IRXWXILIRHIR 6IJ PI\I WGLEJJIR IMRI ERKIRILQ ^EVXI YRH IPIKERXI STXMWGLI ;MVOYRK

037 (37 %'%&%(37 () 4%0%') 7832) 0E GSPIGGMzR 4EPEGI 7XSRI TVIWIRXE HSW EGEFEHSW HMJIVIRXIW HI WYTIVJMGMI 2EXYVEP YRE WYTIVJMGMI ZMWMFPIQIRXI IWXVYGXYVEHE UYI VIGYIVHE E PE XuTMGE VYKSWMHEH HI PE TMIHVE REXYVEP )WXI EGEFEHS WI GEVEGXIVM^E TSV WIV EPXEQIRXI ERXMHIWPM^ERXI RMZIP 6 TSV PS GYEP XEQFMqR IWXj IWTIGMEPQIRXI MRHMGEHS TEVE I\XIVMSVIW 4YPMHS IR ±'VIWXE² GSR IWXI VIJMREHS XVEXEQMIRXS HI EGEFEHS GEHE FEPHSWE WI TYPI HI QERIVE XER WYEZI UYI PEW QYIPEW XSGER ETIREW PE ±GMQE² HI PE IWXVYGXYVE WYTIVJMGMEP HINERHS IP VIWXS MREPXIVEHS 0SW VIJPINSW TVSHYGMHSW TSV PEW TIUYIyEW ^SREW TYPMHEW GVIER YR EKVEHEFPI IJIGXS IWXqXMGS HIPMGEHS ] IPIKERXI

ǙǗǚ ǤǣǗǚǥǪǢǣǦǧǝ 4%0%') 7832) ǟǣǠǠǚǟǫǝǴ 4EPEGI 7XSRI ǤǥǚǙǦǧǕǗǠǚǢǕ Ǘ ǙǗǨǪ ǗǕǥǝǕǢǧǕǪ Ǧ ǥǕǜǠǝǬǢǣǞ ǣǧǙǚǠǟǣǞ ǤǣǗǚǥǪǢǣǦǧǝ ǢǕǧǨǥǕǠDZǢǕǴ ǜǢǕǬǝǧǚǠDZǢǣ ǦǧǥǨǟǧǨǥǝǥǣǗǕǢǢǕǴ ǤǣǗǚǥǪǢǣǦǧDZ ǦǗǣǚǞ ǭǚǥǣǪǣǗǕǧǣǦǧDZdz ǢǕǤǣǡǝǢǕdzǮǕǴ ǢǕǧǨǥǕǠDZǢǰǞ ǟǕǡǚǢDZ ǧǕǟǕǴ ǣǧǙǚǠǟǕ ǣǧǠǝǬǕǚǧǦǴ ǗǰǦǣǟǝǡ ǨǥǣǗǢǚǡ ǦǣǤǥǣǧǝǗǠǚǢǝǴ ǟ ǦǟǣǠDZǛǚǢǝdz 5 Ǘ ǦǗǴǜǝ Ǧ Ǭǚǡ ǤǠǝǧǟǕ ǣǦǣǖǚǢǢǣ ǤǣǙǪǣǙǝǧ ǙǠǴ ǨǟǠǕǙǟǝ ǦǢǕǥǨǛǝ ǜǙǕǢǝǞ ǤǣǠǨǤǣǠǝǥǣǗǕǢǢǕǴ Dzǧǣ ǝǜǰǦǟǕǢǢǰǞ ǗǝǙ ǣǧǙǚǠǟǝ Ǥǥǝ ǟǣǧǣǥǣǡ ǟǕǛǙǕǴ ǤǠǝǧǟǕ ǤǣǠǝǥǨǚǧǦǴ ǧǕǟ Ǭǧǣ ǭǠǝǩǣǗǕǠDZǢǰǞ ǟǥǨǘ ǚǙǗǕ ǟǕǦǕǚǧǦǴ ǚǚ ǤǣǗǚǥǪǢǣǦǧǝ ǦǠǚǘǟǕ ǦǧǕǬǝǗǕǴ ǠǝǭDZ ǗǰǦǧǨǤǕdzǮǝǚ ǢǚǥǣǗǢǣǦǧǝ ǗǚǥǪǢǚǘǣ ǦǠǣǴ ǝ ǣǦǧǕǗǠǴǴ ǗǦǚ ǣǦǧǕǠDZǢǣǚ Ǘ ǢǚǝǜǡǚǢǢǣǡ ǗǝǙǚ ǖ Ǡǝǟǝ ǤǥǣǝǜǗǣǙǝǡǰǚ ǢǚǖǣǠDZǭǝǡǝ ǣǧǤǣǠǝǥǣǗǕǢǢǰǡǝ ǨǬǕǦǧǟǕǡǝ ǦǣǜǙǕdzǧ ǤǥǝǴǧǢǰǞ ǗǝǜǨǕǠDZǢǰǞ Dzǩǩǚǟǧ ǝǦǤǣǠǢǚǢǢǰǞ ǢǚǛǢǣǦǧǝ ǝ DzǠǚǘǕǢǧǢǣǦǧǝ

0)7 ()9< 796*%')7 () 4%0%') 7832) 0E GSPPIGXMSR 4EPEGI 7XSRI TVqWIRXI HIY\ ZEVMERXIW HI J MRMXMSR HI WYV JEGI 2EXYVIPPI YRI WYV JEGI PqKrVIQIRX WXVYGXYVqI UYM VETTIPPI PE VYKSWMXq TVSTVI k PE TMIVVI REXYVIPPI 'IXXI J MRMXMSR WI GEVEGXqVMWI TEV YR LEYX HIKVq HI VqWMWXERGI k PE KPMWWERGI

6 TEV GSRWqUYIRX TEV XMGYPMIVIQIRX MRHMUYqI k PE TSWI IR I\XqVMIYV 7IQM TSPMI IR WYV JEGI HERW GIXXI J MRMXMSR VEJJ MRqI GLEUYI GEVVIEY IWX WSYQMW k YR TSPMWWEKI XIPPIQIRX PqKIV UYI PIW QIYPIW IJ J PIYVIRX k TIMRI PE WXVYGXYVI WYTIV J MGMIPPI WERW IRXEQIV PI GEVVIEY 0IW VIJPIXW TVSHYMXW TEV PIW TIXMXIW WYVJEGIW FVMPPERXIW GVqIRX YR IJJIX ZMWYIP EKVqEFPI HqPMGEX IX qPqKERX

'SR 4EPEGI 7XSRI ERGLI MP VIXVS HIPPE TMEWXVIPPE r EPP´EPXI^^E HIPPS WXMPI MRGSRJSRHMFMPI HM :IVWEGI ,SQI

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0´%986) 796*%') %ZIG 4EPEGI 7XSRI PI HSW HY GEVVIEY IWX PYM EYWWM k PE LEYXIYV HY WX]PI MRGSQTEVEFPI HI :IVWEGI ,SQI

4SYV TVqZIRMV XSYXI GSRXVIJEpSR MPPqKEPI %Y HSW HI GLEUYI GEVVIEY HI GIXXI RSYZIPPI GSPPIGXMSR IWX TVqWIRX PI PSKS :IVWEGI HMVIGXIQIRX KVEZq HERW PI QEXqVMEY GqVEQMUYI

(-) %2()6) 3&)6*0c',) 1MX 4EPEGI 7XSRI [MVH WIPFWX HMI 6 GOWIMXI HIV *PMIWI HIQ YRZIVOIRRFEVIR 7XMP ZSR :IVWEGI ,SQI KIVIGLX

9Q HMI KIWIX^IW[MHVMKI *mPWGLYRK ^Y ZIVLMRHIVR -WX EYJ HIV 6 GOWIMXI IMRIW NIHIR 8IMPW HMIWIV RIYIR /SPPIOXMSR HMI 1EVOI :IVWEGI HMVIOX MR HMI OIVEQMWGLI 1EWWI IMRKVEZMIVX

0 % 386 % '%6 % 'SR 4EPEGI 7XSRI IP VIZIVWS HI PE FEPHSWE XEQFMqR QYIWXVE IP IWXMPS MRGSRJYRHMFPI HI :IVWEGI ,SQI

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ǣǖǥǕǧǢǕǴ ǦǧǣǥǣǢǕ 4%0%') 7832) ǧǕǟǛǚ ǝ ǣǖǥǕǧǢǕǴ ǦǧǣǥǣǢǕ ǤǠǝǧǟǝ 4EPEGI 7XSRI ǣǧǡǚǬǚǢǕ ǢǚǤǣǗǧǣǥǝǡǰǡ ǖǠǕǘǣǥǣǙǦǧǗǣǡ ǦǧǝǠǴ :IVWEGI ,SQI ǙǠǴ ǜǕǮǝǧǰ ǣǧ ǢǚǠǚǘǕǠDZǢǣǞ ǤǣǙǙǚǠǟǝ Ǧ ǣǖǥǕǧǢǣǞ ǦǧǣǥǣǢǰ ǟǕǛǙǣǞ ǤǠǝǧǟǝ DzǧǣǞ ǢǣǗǣǞ ǟǣǠǠǚǟǫǝǝ ǢǚǤǣǦǥǚǙǦǧǗǚǢǢǣ Ǘ ǟǚǥǕǡǝǬǚǦǟǣǡ ǡǕǧǚǥǝǕǠǚ ǗǰǥǚǜǕǢ ǧǣǥǘǣǗǰǞ ǜǢǕǟ :IVWEGI

4%0%') 7832)ⱘ㚠䴶 4EPEGI 7XSRIⷪᵓⱘ㚠䴶гᏺᴹ:IVWEGI ,SQI⣀⡍ⱘ亢Ḑ 䖭ḋৃҹ䰆⊏䴲⊩ⱘⲫ⠜⦄䈵 ೼ℸᮄḋᓣⱘৢ䴶䛑᳝:IVWEGIଚᷛⳈ᥹ࠏॄ೼䱊⫋ॳ᭭䞠䴶

4%0%') 7832)ⷪᵓⱘϸ⾡㸼䴶 4EPEGI 7XSRIḋᓣ ḍ᥂݊ϡৠⱘ㊒ࡴᎹ ৃҹ䗝ᢽϸ⾡㸼䴶 ໽✊ Ϣ㒧ᵘ↨䕗ヺড়ⱘ㸼䴶 ㉏Ԑ໽✊⷇༈ϔḋᏺⲅ 㒍ⱘ 䖭⾡㸼䴶ⱘᡫ⒥⿟ᑺᕜ催 5 ಴ℸ䗖ড়㺙೼ ᓎㄥⱘ໪䴶 乊ᓣ⺼‫ ܝ‬䗮䖛ℸ催ḷⱘ㊒㒚ࡴᎹ↣ᓴⷪᵓ㒣䖛ϔ⾡ᕜ 䕏ⱘ⺼‫ܝ‬໘⧚ ⷖ䕂া㾺Ѣ㸼䴶ⱘ乊ッ ϡࡴᎹ࠽ϟⱘᴤ ᭭ 㹿⺼‫ⱘܝ‬䴶⿃ᇣⱘ㸼䴶䗴៤ⱘড‫ܝ‬㒭ќϔ⾡ᙺⳂ ㊒ 㒚ϢӬ䲙ⱘ㾚㾝ᬜᵰ

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PEZZI AL ML. 1. pz/ml 2.54 torello con greca scuro 4x39.4 2. pz/ml 3.81 matita metallo 0.5x79 3. pz/ml 15.24 fondo chiaro 19.7x39.4 4. pz/ml 2.54 fascia 9.8x39.4 5. pz/ml 10.16 fondo scuro 19.7x39.4 6. pz/ml 1.27 matita metallo 1x79 7. pz/ml 2.54 battiscopa 9.8x39.4

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PEZZI AL ML. 1. n° 2.54 torello moderno 4x39.4 2. n° 5.08 matita metallo 0.5x79 3. n° 2.54 fascia greca piccola rilievo 3.2x39.4 4. n° 12.7 fondo chiaro 19.7x39.4 5. n° 2.54 fascia 9.8x39.4 6. n° 3.59 mosaico 144 mod. 39.4x39.4 7. n° 2.54 fondo scuro 19.7x39.4 BOISERIE PEZZI AL ML. 1. pz/ml 2.54 torello 4.5x19.7 2. pz/ml 7.62 greca piccola rilievo 3.2x39.4 3. pz/ml 3.8 matita metallo 0.5x79 4. pz/ml 1.70 mosaico 144 mod. 39.4x39.4 5. pz/ml 1.26 matita metallo 1x79 6. pz/ml 2.54 fondo 19.7x39.4

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