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ZOJTJRVJFSBQPESBBTFHV
SBSNJQSPQJBTVQFSWJWFODJBOPTBCSBBMJNFOUBSNF
WFTUJSNFPQSPUFHFSNFEFMB
JOUFNQFSJFNJTDPNQFUFODJBTUDOJDBTTPOMJHFSBNFOUFJOGFSJPSFTBMBTEFMIPN
CSFEF/FBOEFSUBM%FQFOEPQPSDPNQMFUPEFMBTPDJFEBERVFNFSPEFB
QFSPZP
TPZQBSBFMMBQPDPNFOPTRVFJOUJMUPEPMPRVFTIBDFSFTQSPEVDJSEVEPTPT
DPNFOUBSJPTTPCSFPCKFUPTDVMUVSBMFTBOUJDVBEPT4JOFNCBSHP
HBOPVOTVFMEP
JODMVTPVOCVFOTVFMEP
NVZTVQFSJPSBMBNFEJB-BNBZPSQBSUFEFMBHFOUFRVF
NFSPEFBFTUFOFMNJTNPDBTP
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DIBTPMPTUFMGPOPT/JRVIBCMBSEFDSJBSDFSEPT/VFTUSBTPDJFEBETFCBTB
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RVFQBSBFTPUFOFNPT
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RVQSFHVOUBTMFIBDFO
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UGJDPT1PEFNPTQFOTBSFOMBDJFODJBDPNPFOVOBNBOFSBEFNJSBSFMNVOEP
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FODJFODJBTMBEFBDPNQBBSBOVFTUSPTBMVNOPTFOFMDBNJOPEFMEFTDVCSJNJFOUP
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BEFDVBDJOBMPTEJWFSTPTOJWFMFT4JOFNCBSHP
NFQFSNJUPEVEBSEFMFYDFTJWPOGBTJT
TPCSFMPTDPOUFOJEPT
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1PESBNPTEFDJSRVFIPZFMMNJUFFOUSFDJFODJBZUFDOPMPHBFT
DPNPNVDIP
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IFDIPRVFTVFMFFTDBQBSBOVFTUSPTBMVNOPTFOMBDMBTFEFDJFODJBT
ZIBTUBFONVDIPT
DBTPTFYJTUFVOBEJTDJQMJOBUFDOPMHJDBDPNQMFUBNFOUFTFQBSBEBEFMBDMBTFEFDJFODJBT
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DPOTFOTVBEBEFDPOPDJNJFOUPFTVODPNQPOFOUFFTFODJBMEFMBDJFODJBiQSPGFTJPOBMwZ
DPNPUBM
OPQVFEFFTUBSBKFOBBMBDJFODJBiFTDPMBSw6OBQPTJCJMJEBEFTSFUPSOBSBMWJFKP
TJTUFNBEFEJMPHPTHVJBEPT
PUSBFTMBEFBQSPQJBSTFEFKVFHPTEFSPMUBMFTDPNPKVJDJPT
FOBNCPTDBTPTTFCVTDBVONCJUPEFFGFSWFTDFODJBZEJTDVTJOFOFMRVFTFFYQPOHBO
FJOUFSDBNCJFOJEFBT
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OFEFGVFOUFTQVSBNFOUFFNQSJDBT
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QSFTFOUBSBMBDJFODJBDPNPVOUJQPNVZFTQFDJBMEFEFCBUF
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UJDP
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BUSBWTEFQSFHVOUBTZSFQSFHVOUBT
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NTGFSBEFFTDFQUJDJTNPSBZBOPFOMBIPTUJMJEBE$VBOEPFOUS
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EBOPFYJHFVOBSFTQVFTUBOJDBPOFDFTBSJBNFOUFBDFQUBEBMPJOUFSFTBOUFFTFMQSPDFTP
QBSBMMFHBSBMBTQPTJCMFTFYQMJDBDJPOFT&MSPMEFMEPDFOUFFT
VOBWF[QMBOUFBEBTDMBSB
NFOUFMBTDPOTJHOBTEFMDBTP
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UJFOFWBSJPTPCKFUJWPTQVOUVBMFT1PSVOBQBSUF
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BEJTDVUJSDPOCBTFTTMJEBTMBTJNQMJDBODJBTUJDBTZTPDJBMFTEFMPTBWBODFTEFMBDJFODJB
DPNQSFOEJFOEPTVTBMDBODFTZTVJNQBDUPTPCSFEJGFSFOUFTBTQFDUPTEFOVFTUSBWJEBZMB
EFMSFTUPEFMPTIBCJUBOUFTEFMQMBOFUB4FUSBUBEFEFMJNJUBSDMBSBNFOUFVOQSPCMFNB Z
FTGVOEBNFOUBMFMQMBOUFBNJFOUPDMBSPUBOUPEFMiKVFHPwDPNPEFMBTQSFNJTBTZIFDIPT
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DBEBVOPEFMPTDVBMFTQSFTFOUBSQSVFCBTZ
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JOUFSSPHBSZSFBMJ[BSBMFHBUPTUBNCJOTFSFRVJFSFMBQFSTPOJGJDBDJOEFUBMFT
UFTUJHPTZEFVOKVSBEPRVFGJOBMNFOUFEJTDVUJSMBTFWJEFODJBTQSFTFOUBEBT
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MBIPSBEFBSHVNFOUBSZDPOUSBBSHVNFOUBS
EFTBSSPMMBOEPTVDBQBDJEBEEFEFUFDUBSIVF
DPTMHJDPTFOBSHVNFOUPTQSPQJPTZBKFOPT&OFTUFTFOUJEP
MBTJNVMBDJOEFVOKVJDJP
FOMBDMBTFBZVEBBHFOFSBSIFSSBNJFOUBTRVFUBNCJOTPOUJMFTQBSBMPTEFCBUFTZMB
DPOTUSVDDJODPOKVOUB
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EFJEFBTDJFOUGJDBTP
NTFOHFOFSBM
EFVOBDBQBDJEBEDSUJDBSBDJPOBMRVFMFTQFSNJUBFOGSFOUBSMBTNTEJWFSTBTTJUVBDJPOFT
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DJBQFSJPETUJDB
VODBTPUPNBEPEFMBSFBMJEBEZNPEJGJDBEPQBSBFMUSBCBKPFOFMBVMBP
JODMVTPVOBIJTUPSJBJOWFOUBEB&ODVBMRVJFSDBTP
MBiIJTUPSJBwBCPSEBSVOUFNBRVF
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ZBRVFQFSNJUFRVFTFBSFBMJ[BEBFOVOBOJ
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QFSPTJFNQSFRVFEBSO
DPOMBEVEBEFRVFTMPRVFBQSFOEJFSPOTVTBMVNOPT:BRVWJFOFFMUFNBUBOUFNJEP
QPSEPDFOUFTZBMVNOPT
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EFMBFWBMVBDJOFOMBDMBTFEFDJFODJBT&TUBFWBMVBDJOFT
VOBQBSUFGVOEBNFOUBMEFMEJTFPEFMBTBDUJWJEBEFTEFMBVMBEFDJFODJBT
ZTFHVSBNFOUF
UFOESDBSBDUFSTUJDBTQBSUJDVMBSFTRVFMBEJGFSFODJFOEFMBRVFTFMMFWBBDBCPFOPUSBT
BTJHOBUVSBT
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PCKFUJWPEFRVFMPTBMVNOPTBQSFOEBOMPRVFRVFSFNPTRVFBQSFOEBO
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UFOFS OBEB RVF WFS DPO MB DBQBDJEBE EJEDUJDB P FSVEJDJO EFM EPDFOUF TJNQMFNFOUF
OPTFMPHSBFMBQSFOEJ[BKFEFTFBEP"EFNTEFMBQSDUJDBUSBEJDJPOBMZ
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NBBTRVFEBMBFYQFSJFODJBFODVBMRVJFSQSDUJDBEPDFOUF
UBMWF[VOEJTFPRVFEFMJCF
SBEBNFOUFBCPSEFPCKFUJWPTEFBQSFOEJ[BKFZOPEFFOTFBO[BMPHSFDVNQMJSFTUPTGJOFT
EFNBOFSBNTTBUJTGBDUPSJB4JTPNPTTJODFSPT
MPRVFUFOFNPTFONFOUFBMEJTFBSVOB
DMBTFEFDJFODJBTFTKVTUBNFOUFRVRVFSFNPTFOTFBS
PTFB
RVRVFSFNPTDPOUBSFOFM
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ZMPTSFDVSTPTRVFVUJMJ[BSFNPTQBSBFTBFOTFBO[B4JOFNCBSHP
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BQSFOEBOoDNPFTRVFTFWBOBJSEJGFSFOUFTEFDPNPFOUSBSPOBMBVMBEFDJFODJBTo&OMB
QSPQVFTUBZBDJUBEBEF8JHHJOTZ.D5JHIF $PNQSFOTJOBUSBWTEFMEJTFP
FMQSPDFTP
TFCBTBFOMBDPNQSFOTJOEFMPTBMVNOPT&MTFHVOEPQBTP
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TJTUJSFOFTUBCMFDFSEFRVNBOFSBMPTEPDFOUFTQPEFNPTEFUFSNJOBSTJMPTBMVNOPTIBO
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EFTPBDUJUVEFTOPTNPTUSBSORVFMPTFTUVEJBOUFTSFBMNFOUFIBOMPHSBEPDPNQSFOEFSMP
RVFCVTDCBNPTRVFDPNQSFOEJFSBO "QBSUJSEFFTUP
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FOFTUBCMFDFSMPTDSJUFSJPT
RVFOPTWBOBEFDJSTJMPHSBNPTOVFTUSPTPCKFUJWPTPOPBOUFTEFMBTBDUJWJEBEFT&TUPT
DSJUFSJPTTPO
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QSFHVOUBTDFSSBEBTBMGJOBMEFVOBVOJEBE
8JHHJOTZ.D5JHIFEFOPNJOBOBFTUFQSPDFTPCBDLXBSETEFTJHOPiEJTFPEFBUSTIBDJB
BEFMBOUFw&TUPBMVEFBMIFDIPEFRVFMPTBVUPSFTQSPQPOFODBNCJBSMBMHJDBEFDNPMB
NBZPSBEFMPTEPDFOUFTQMBOJGJDBNPTMBTDMBTFT4VHJFSFOBCBOEPOBSMBTFDVFODJBPCKFUJ
WPTBDUJWJEBEFTFWBMVBDJOZQFOTBSFOFMiDNPNFWPZBEBSDVFOUBEFRVFMPTBMVNOPT
BQSFOEJFSPOMPRVFZPRVFSBRVFBQSFOEJFSBOwBOUFTEFQFOTBSFODNPFOTFBS
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QSFOEBOPBQSFOEBOBIBDFS&TUPJOWPMVDSBPCKFUJWPTUBOUPDVBOUJUBUJWPTDPNPDVBMJUBUJWPT
FM SFDPSUF EF MPT DPOUFOJEPT Z FM OJWFM EF QSPGVOEJEBE BM RVF RVFSFNPT MMFHBS &MFHJS FM
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DNPMPFOTFBNPT1FSPFMDBNCJPJNQPSUBOUFTFEB
FOFMTFHVOEPQBTP
BRVFMEFTUJOBEPBEBSTFDVFOUBEFRVFMPTBMVNOPTFTUOBQSFOEJFOEP
MPRVFFMEPDFOUFRVJFSFRVFBQSFOEBO&TUPSFRVJFSFUFOFSJEFBEFMBTFWJEFODJBTRVFEF
CFSBOBQPSUBSMPTBMVNOPTQBSBRVFFMEPDFOUFQVFEBQFSDBUBSTFEFRVFTUTVDFEJFOEP
iEFOUSPEFTVTDBCF[BTw1PSMUJNPWJFOFFMQBTPDPODSFUPEFEFDJEJSRVIBDFSFODMBTF
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MVFHPBQSFOEFOTPCSFMPTQSJNFSPTQMBOUBEPSFTZQSPEVDUPSFTEFNBO[BOBTFOMBSFHJO
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TJFNQSFZDVBOEPDVNQMBO
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