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3F>@3A/ C<= 23 :=A B3;/A 13<B@/:3A 23 :/ :7B3@/BC@/ 23 :/ 7<;75@/ 17N< 3: />35= 3< 3AB3 1/A= /;=@ >=@ :/ B73@@/ 23 /1=572/ 3 DC3:B/ 3< C@=>/ 3< 2716/ 1/@B/ 3A1@703 ?C3 6/ 2/2= U1C3<B/ / ( # 23: 23A1=<B3<B= ?C3 B@/75= 23 D3@;3 />/@B/2= 23 :/ :=@7 2/V G /<63:/ U?C3 A3 /::/</@J := 23 :/<23AV 2=<23 >/@B717>/0/ UG 1=;= A3/ G= ?C32= 1=< :703@B/2 >/@/ ;3 7@ 23 6316= / :/ :=@72/ >/@/ <= A/:7@ 23 /::L 3< 1C/<B= D7D73@3 ?C3 3AB=A A=< ;7A 23 A3=A G 43:7172/2V C@7=A/;3<B3 3AB3 23A3= 3<B@=<1/ 1=< 3: 3F>@3A/2= ;JA 23 1C/B@= A75:=A 23A>CKA >=@ 3: 3A1@7B=@ 0=:7D7/<= +L1B=@ #=<B=G/ 3< 3: 1C3<B= ! # /% % $ ( % @31=572= 3< :/ 17B/2/ /<B=:=5L/ 23 AB63@ <2@/27 &/@/ K: AC :=@72/ 3A (C317/ 2=<23 4C3 6=A>7B/:/@7/;3<B3 /1=572= B@/A AC4@7@ >3@A31C17N< G B=@BC@/A 3< AC >/LA </B/:

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

23 B/< B@7AB3 G ;7A3@/0:3 1/>B7D3@7=V C<?C3 K: ;7A;= 3F>@3A/@/ 3< ;C16/A =1/A7=<3A ?C3 <= 4C3 B/< ;7A3@/0:3 <7 A73;>@3 C< 1/CB7D3@7= Q A1@707@L/ 3AB= >/@/ A3@ ;38=@ /13>B/2= 3< AC @3B=@<= &C3A 1=;= D3;=A 23A23 3: 7<717= 23: @33<1C3<B@= :=A >@7;3@=A 1@7AB7/<=A 1=< ?C3 A3 6/::/ @317073@=< <=A 2713 U5@/< /:B3@/17N< 23 D3@;3 B/< 3FB@/M/;3<B3 D3AB72= G 3< 1=;>/ML/ 23 7<27=A ABC D7K@=<;3 ;7@/<2= ;C16= 3A>/17= 23 B73;>= B/< /BN<7B=A ?C3 <= 6/0:/0/< <7 /13@B/0/< / >@35C<B/@;3 </2/V '3B=;/2/ AC 723<B72/2 23 1@7AB7/<= G AO027B= 23: ;>3@7= 1=:=<7H/2=@ Y:D/@ $OM3H A3 6/13 31= 23 :/A @343@3<17/A ?C3 :=A 7<2L53</A :3 6/13< 3< @3:/17N< 1=< :=A B@/B=A 1@C3:3A ?C3 @31703< 23 :=A U1@7AB7/<=AV G A3 27@753 /: '3G 1=< >/ :/0@/A 3< ?C3 3F>@3A/ 1N;= 2303@L/ ::3D/@A3 / 1/0= :/ 1=:=<7H/17N< < 3::/A :/B3< :/ 1=;>@3<A7N< G 1=;>/A7N< >=@ /?C3::=A 1=< ?C73<3A 6/0L/ D7D72= >=@ :/@5=A /M=A G @31=;73<2/ :/ @31B7W1/ 17N< := ?C3 K: TB@/A := D7AB= G D7D72=T 1=<A723@/0/ ?C3 3AB/0/ A73<2= C</ 3?C7D=1/2/ G 1@C3: 1=:=<7H/17N< US >=@ 2=<23 1:/@/;3<B3 A3 D3 ?C3 3A/A 53<B3A B=2/A >/@/ A3@ /B@/L2=A / A3@ 1@7A B7/<=A G / =03273<17/ 23 :/ 7;>3@7/: #/83AB/2 6/< 23 A3@ ::3D/2=A 1=< 0C3< B@/B/;73<B= G ?C3 3AB3 3A 1/;7<= ;CG 173@B= G =B@= <=V : >@7;3@ 1=<B7<53<B3 <C;3@=A= 23 1=:=<7H/2=@3A G 4/;7:7/A ;75@/<B3A ?C3 ::35/@=< / 3AB3 >/LA 4C3 3: 23 :/ 3F>327 17N< 23 C/< 23 %M/B3 3: 1C/: /B@/D3AN 3: @L= @/<23 G ::35N / := ?C3 6=G A3 1=<=13 1=;= : &/A= 3:

23 /0@7: 23 (=0@3 /?C3::/ ::35/2/ G :/ 23A 1@7>17N< 23 ACA B73@@/A X=@/ G 4/C</ 3A1@707N C<= 23 ACA >@=B/5=<7AB/A /A >/@ &K@3H 23 +7::/5@J (3 B@/B/ 23 AC %&"$ ' ( .* " RB=2= C< >=3;/ K>71= 3< 3A>/M=: A=0@3 3AB/A B73@@/A 3: 1C/: 4C3 >C0:71/2= 3< A>/M/ 3< &=@ /?C3::= 23 :/ 1=<B7<C72/2 7<B@/67ABN@71/ '=03@B " 7@N< TC< 67A>/<= 23 <C3AB@=A 2L/A </172= 3< $30@/A9/ 3< G ?C73< 4C3@/ 7< 1:C72= 3< :/ /<B=:=5L/ # % ! " & % %# !"% % ! &"! T 3D=1/ /?C3::/ ::35/2/ G :/ ;7A/ 13:30@/2/ 3: 23 /0@7: 23 2716= /M= 3< AC B3FB= U : >@7;3@ L/ 23 117N< 23 @/17/A )6/<9A57D7<5 V AB3 B@/0/ 8= 3A1@7B= =@757</:;3<B3 3< 7<5:KA G B@/2C172= >=@ "C7A :03@B= ;0@=557= 1=<1:CG3 /AL U)=2= 3AB= 4C3 2=1C;3< B/2= >/@/ ?C3 A>/M/ 5/</@/ 3: B3@@7 B=@7= D37<B7B@KA /M=A /<B3A 23 ?C3 :=A

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