Vous êtes sur la page 1sur 16

!"#$"%&& '( !)*&'+,- .

%#$",/)* ==4@ F@AABG //) IAEAK

!"#$%& '("#)$*+$ ,(* -")./.0,)


$0")"+1 .( /2$ /2.%* #"%)*3 , %$4.$#
!"#$%&' () *+#"&,
-./"+,$.&, %0 1.%2+"/3#4 56&278 9%::.2. (%&'%&4 ;,+"&'4
(%&'%& <9=! =(;4 >5

!"#$%&'$( !"#$%$&'# (&"#")* (+',$-(. %/( 0"#$%$&'# 1*-',$&. .233"2-1$-) ,'%(3$'# '-1 1$.&23.$4(
.%32))#(. "4(3 %/( (-4$3"-,(-% $- %/( %/$31 5"3#16 7/( 3"#( "8 2-(92'# 0"5(3 3(#'%$"-. $-
&"-.%$%2%$-) ' 0"#$%$&$:(1 (-4$3"-,(-% $. ' &(-%3'# %/(,(6 !'3%$&2#'3 '%%(-%$"- $. )$4(- %" %/( 5'*.
$- 5/$&/ &"-8#$&% "4(3 '&&(.. %" (-4$3"-,(-%'# 3(."23&(. $. #$-;(1 %" .*.%(,. "8 0"#$%$&'# '-1
(&"-",$& &"-%3"# 8$3.% (#'<"3'%(1 123$-) %/( &"#"-$'# (3'6 =%21$(. (,0/'.$:( %/( $-&3('.(1 ,'3)$->
'#$%* '-1 42#-(3'<$#$%* "8 %/( 0""3 '. '- "2%&",( "8 .2&/ &"-8#$&%6 7/( $,0'&% "8 0(3&(0%$"-. '-1
1$.&"23.(. "- %/( .0(&$8$&'%$"- "8 (-4$3"-,(-%'# 03"<#(,. '-1 $-%(34(-%$"-. $. '#." (+0#"3(1
#('1$-) "- %" 1(<'%(. '<"2% %/( 3(#'%$4( ,(3$%. "8 $-1$)(-"2. '-1 5(.%(3- .&$(-%$8$& ;-"5#(1)(6
?2%23( 3(.('3&/ -((1. '#." %" '113(.. $..2(. #$-;(1 %" &/'-)$-) '$3 '-1 5'%(3 92'#$%*@ 23<'-
03"&(..(.@ "3)'-$:'%$"-'# '%%3$<2%(. '-1 %/( /2,'- <"1*6

)*+ ,-%.#( !"#$%$&'# (&"#")*@ %/$31 5"3#1@ 0"5(3 3(#'%$"-.@ ;-"5#(1)( &"-.%32&%$"-@ &"-8#$&%
"4(3 '&&(..6

7/( A'&'" #'-1.@ ' 3()$"- (,<3'&$-) '## "8 %/( ."2%/(3- 0'3% "8 %/( .%'%( "8 B'/$' $- B3':$#@ 5(3( 8(3%$#$:(1 5$%/
<#""16 7/(* 5(3( &"-92(3(1 8""% <* 8""% $- 8(3"&$"2. .%32))#(. "8 $-1(.&3$<'<#( 4$"#(-&( 6 6 6 C% %/( 4(3* %$,( %/'%
%/( .((1#$-). 5(3( <($-) 0#'-%(1@ &3"..(. 5(3( <($-) .(% 20 %" ,'3; %/( .0"%. 5/(3( %/( <3'4( /'1 8'##(-@ 4$&%$,.
"8 ',<2./(. "3 "8 (-&"2-%(3. <(%5((- /$3(1 )2-,(- DC,'1"@ EFGFH 4$$I6

5 5(/%"*60/."(
7/( (-4$3"-,(-% $. %/( 8"&2. "8 2-0'3'##(#(1 .&/"#'3#*@ 0"#$&*>,';$-) '-1 02<#$& &"->
&(3- '% %/( (-1 "8 %/( %5(-%$(%/ &(-%23*6 J(.('3&/(3. $-4(.%$)'%( %/( ."&$'# '-1 0/*.$&'#
1$,(-.$"-. "8 (-4$3"-,(-%'# &/'-)(6 !2<#$& '-+$(%* )3"5. '. 0(3&(0%$"-. "8 (-4$3"->
,(-%'# 1()3'1'%$"- .03('1@ '-1 $. &/'--(##(1 -"%'<#* $-%" (-4$3"-,(-%'# '&%$4$., '-1
K-"%>$->,*><'&;*'31L DMNOBPI &',0'$)-.6 !"#$%$&'# #('1(3. "3)'-$:( (-4$3"-,(-%'#
.2,,$%. 1(1$&'%(1 %" %/( &"-.$1(3'%$"- "8 1$4(3.( (-4$3"-,(-%'# 03"<#(,.6
O2&/ "8 %/$. &"-&(3- /'. ,'-$8(.%(1 $%.(#8 .$-&( %/( #'%( EFGQ. $- %/( 03","%$"- "8 %/(
&"-&(0% "8 K.2.%'$-'<#( 1(4(#"0,(-%L6 7/$. &"-&(0%@ 5/$&/ 5"2#1 $-%()3'%( (-4$3"-,(-%'#

!
! ?+&%:' @AAB CDCAE@DDDFABGHH@IJ!?
BC !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

&"-.(34'%$"- 5$%/ (&"-",$& 1(4(#"0,(-%@ <(&',( ' 3'##*$-) &3* 8"3 ' /(%(3")(-("2.
)3"20 "8 0"#$%$&$'-.@ .%'%( "88$&$'#.@ <2.$-(.. #('1(3. '-1 -"-)"4(3-,(-%'# "3)'-$:'%$"-.
;((- %" $-&"30"3'%( (-4$3"-,(-%'# &"-.$1(3'%$"-. $-%" %/( 1(4(#"0,(-% 03"&(.. 5$%/"2%
2-12#* 1$.320%$-) %/'% 03"&(.. DO$11#(%"- !" #$6@ EFFRS J(1&#$8%@ EFGTS EFFUS 7'*#"3@ EFFUI6
N% 5'. %/( )2$1$-) 4$.$"- <(/$-1 %/( V-$%(1 M'%$"-. &"-8(3(-&( "- (-4$3"-,(-% '-1
1(4(#"0,(-% /(#1 $- J$" 1( W'-($3" $- W2-( EFFX 5/$&/ /'. .(% %/( %"-( 8"3 "88$&$'#
(-4$3"-,(-%'# $-$%$'%$4(. '3"2-1 %/( 5"3#1 (4(3 .$-&(6
P(% %/(.( $-$%$'%$4(. /'4( 8'$#(1 %" '#%(3 %/( 0"#$&$(. '-1 03'&%$&(. %/'% '3( #$-;(1 %"
4'3$"2. (-4$3"-,(-%'# 03"<#(,.6 N-1((1@ ' K<2.$-(..>'.>2.2'#L '003"'&/ /'. <((-
'1"0%(1 <* 0"#$%$&'# '-1 <2.$-(.. #('1(3. .((,$-)#* &"-%(-% %" '4"$1 ,';$-) %/( %"2)/
&/"$&(. %/'% ' %3'-.$%$"- %" K.2.%'$-'<#( 1(4(#"0,(-%L 5"2#1 '00('3 %" -(&(..$%'%(6 C. '
3(.2#%@ 5/$#( %/( ,'$-.%3(', (-4$3"-,(-%'# #$%(3'%23( /'. /$% '- $,0'..(@ &'##. 8"3 '
1(%'$#(1 2-1(3.%'-1$-) "8 %/( 0"#$%$&'# '-1 (&"-",$& "<.%'&#(. %" ,('-$-)82# &/'-)(
/'4( (-&"23')(1 3'0$1 )3"5%/ $- K0"#$%$&'# (&"#")*L 3(.('3&/ DB3*'-%@ EFFT'I6 N% $. %/(
"<Y(&%$4( "8 %/$. '3%$&#( %" 3(4$(5 <3$(8#* %/( /$.%"3$&'# 1(4(#"0,(-%@ '. 5(## '. .",( "8
%/( ;(* %/(,(. $- %/( 0"#$%$&'# (&"#")* #$%(3'%23( '. $% 0(3%'$-. %" %/( %/$31 5"3#1 $- "31(3
%" 1(,"-.%3'%( /"5 %/$. 3(.('3&/ ,'* &#'3$8* %/( 0"#$%$&'# <'.$. "8 ,'-* &"-%(,0"3'3*
(-4$3"-,(-%'# 03"<#(,.6

55 7%.(+.(+ -")./.08 ,(* $0")"+1 /"+$/2$%


C% %/( /('3% "8 0"#$%$&'# (&"#")* 3(.('3&/ $. %/( -"%$"- %/'% 0"#$%$&. ./"2#1 <( K02% 8$3.%L $-
%/( '%%(,0% %" 2-1(3.%'-1 /"5 /2,'-Z(-4$3"-,(-% $-%(3'&%$"- ,'* <( #$-;(1 %" %/(
.03('1 "8 (-4$3"-,(-%'# 1()3'1'%$"-6 7/( 1(4(#"0,(-% "8 %/$31>5"3#1 0"#$%$&'# (&"#")*
'. ' ,2#%$8'&(%(1 3(.('3&/ 8$(#1 .$-&( %/( EFTQ. "&&233(1 $- %/( 8$3.% 0#'&( <(&'2.( "8 %/(
0(3&($4(1 '0"#$%$&'# -'%23( "8 (+$.%$-) (-4$3"-,(-%'# 3(.('3&/ D!((% '-1 ['%%.@ EFFU'S
B3*'-% '-1 B'$#(*@ EFFTI6 7/( 8$(#1 /'. &"-%$-2(1 %" 03".0(3 $- %/( ,('.23( %/'% '#%(3>
-'%$4( (+0#'-'%$"-. /'4( 8'$#(1 %" '&&"2-% 8"3 %/( K0"#$%$&'# ."23&(.@ &"-1$%$"-. '-1
3',$8$&'%$"-. "8 (-4$3"-,(-%'# &/'-)(L DB3*'-%@ EFFXH ERI6
C- '3%$&#( <* ["#8 DEFTXI $. &"-.$1(3(1 %" <( "-( "8 %/( 8$3.% 5"3;. $- 5/'% 5"2#1 "-(
1'* <(&",( %/$31>5"3#1 0"#$%$&'# (&"#")*@ <2% -" K&#'..$&L 0$(&( ,'3;(1 %/( '14(-% "8 %/(
8$(#16 J'%/(3@ %/( #'%%(3 "5(. $%. "3$)$-. %" 1(4(#"0,(-%. $- %/( 3(#'%(1 8$(#1. "8 3'1$&'#
1(4(#"0,(-% )(")3'0/* '-1 &2#%23'# (&"#")*6 7/( (,(3)(-&( "8 3'1$&'# 1(4(#"0,(-%
)(")3'0/*@ ' .2<1$.&$0#$-( "8 )(")3'0/*@ /'. <((- 0'3%$&2#'3#* $-8#2(-%$'# $- %/(
1(4(#"0,(-% "8 %/$31>5"3#1 0"#$%$&'# (&"#")*6 C#%/"2)/ 3'1$&'# 1(4(#"0,(-% )(")3'0/*
5'. 0'3% "8 ' #'3)(3 3(4$.$"- "8 )(")3'0/* <()$--$-) $- %/( #'%( EFUQ.@ $% )'$-(1 ,",(->
%2, $- %/( EFTQ. 0'3%#* '. ' 3(.2#% "8 $%. #"-)>32--$-) &',0'$)- ')'$-.% -(">O'#%/2.$'-
-"%$"-. "8 /"5 <(.% %" 1('# 5$%/ %/( 5"3#1L. )3"5$-) 0"02#'%$"- '-1 (&"#")$&'# K&3$.$.L6
?"3 (+',0#(@ 5"3; <* B2&/'-'- DEFTRI@ \'31(- DEFT]I@ ^"5( '-1 ["3<"*. DEFTGI '-1
[$.-(3 !" #$6 DEFGXI 02<#$./(1 $- %/( Y"23-'# %&"'()*! '%%'&;(1 1$4(3.( '.0(&%. "8 %/( -(">
O'#%/2.$'- 4$(50"$-%@ '-1 5'. 0'3% "8 ' <3"'1(3 '..'2#% "- ,'$-.%3(', (-4$3"-,(-%'#
3(.('3&/ 8"3 $%. -()#(&% "8 92(.%$"-. 1(3$4(1 83", 0"#$%$&'# (&"-",* DA"3<3$1)(@ EFGUS
C1',.@ EFFQI6
C .(-.( "8 5/'% .2&/ 92(.%$"-. ,$)/% ,('- 8"3 3(.('3&/ 5'. (,<"1$(1 -"%'<#* $-
5"3; <* 3'1$&'# )(")3'0/(3. "- K-'%23'#L /':'31. '-1 1$.'.%(3.6 _L`((8( DEFT]I '-1
[$.-(3 DEFTUS EFTGI $-$%$'%(1 ' 03"&(.. "8 $-92$3* $-%" %/( $-%(3'&%$"- "8 0"#$%$&'#>
(&"-",$& .%32&%23(. 5$%/ (&"#")$&'# 03"&(..(. %/'% &2#,$-'%(1 $- '- '#%(3-'%$4( 3(.('3&/
5,*6#(3 78 9"*,(4 B@

')(-1' 02<#$./(1 "- %/( .2<Y(&% "8 1$.'.%(3. '-1 /':'31. $- %/( ('3#* EFGQ. D=2.,'-
!" #$6@ EFGRS ['%%.@ EFGR<I6 7/'% ')(-1' 5'. 8"&2.(1 "- 1$.'.%(3. '-1 /':'31.@ <2% 5'.
.$,2#%'-("2.#* ' 5$1(3 &",,(-% '<"2% %/( -((1 8"3 5"3; "- %/( 0"#$%$&'# (&"-",* "8
(-4$3"-,(-%'# &/'-)( $- %/( %/$31 5"3#16 C. .2&/@ $% 5'. '- $-8#2(-%$'# .%3'-1 $- %/(
1(4(#"0,(-% "8 %/$31>5"3#1 0"#$%$&'# (&"#")*@ ' 0"$-% '&;-"5#(1)(1 $- ;(* 0"#$%$&'#>
(&"#")* %(+%. D(6)6@ B#'$;$(@ EFG]S B#'$;$( '-1 B3"";8$(#1@ EFGTI6
C .(0'3'%( .%3'-1 $- %/( (4"#2%$"- "8 %/$31>5"3#1 0"#$%$&'# (&"#")* 3(#'%(. %" 5"3;
"- (-4$3"-,(-%'# %"0$&. $- '-%/3"0"#")* 123$-) %/( EFUQ. '-1 EFTQ.6 A2#%23'# (&"#")*
D"3 (&"#")$&'# '-%/3"0"#")*I ."2)/% %" (+0#'$- %/( #$-;. <(%5((- &2#%23'# 8"3, '-1
(-4$3"-,(-%'# ,'-')(,(-% 03'&%$&(. $- %(3,. "8 '1'0%$4( <(/'4$"23 5$%/ ' &#".(1
(&".*.%(, DB(--(%%@ EFTUS a'31(.%*@ EFTTS _3#"4(@ EFGQS b##(-@ EFGXI6 a"5(4(3@
%/( (,0/'.$. "- (-(3)* 8#"5 ,"1(##$-) '-1 .*.%(,. '-'#*.$. 3(.2#%(1 $- ' )(-(3'#
2-5$##$-)-(.. "3 $-'<$#$%* %" .(( %/'% %/( #"&'#>#(4(# &2#%23'# '-1 (&"#")$&'# &",,2-$%$(.
<($-) .%21$(1 8"3,(1 0'3% "8 D'-1 5(3( $-8#2(-&(1 <*I ' ,2&/ 5$1(3 .(% "8 0"#$%$&'# '-1
(&"-",$& .%32&%23(. D=$,,"-1.@ EFFRS !((% '-1 ['%%.@ EFFU'I6 7/$. 5"3; 2.(1 K(&"#")*L
%" (,0/'.$:( %/( /",(".%'%$& '-1 '0"#$%$&'# -'%23( "8 /2,'-Z(-4$3"-,(-%'# $-%(3'&%$"-
DC1',.@ EFFQI6
a"5(4(3@ &2#%23'# (&"#")* /'1 <(&",( %/( .2<Y(&% "8 )3"5$-) &3$%$&$., <* %/( ('3#*
EFGQ.6 aY"3% DEFGXI '-1 c3"..,'- DEFGdI@ 8"3 (+',0#(@ (,0/'.$:(1 %/( -((1 %" &"2&/
'-%/3"0"#")$&'# $-.$)/%. '<"2% /2,'-Z(-4$3"-,(-%'# $-%(3'&%$"- $- %/( &"-%(+% "8 '-
'003(&$'%$"- "8 %/( 5$1(3 0"#$%$&'# '-1 (&"-",$& .%32&%23(. %/'% $-8#2(-&( '&%$4$%* $- '-*
)$4(- #"&'#$%* Z 5/'% e'*1' DEFGRI %(3,(1 K03")3(..$4( &"-%(+%2'#$:'%$"-L6 7/( $-%()3'>
%$"- "8 '-%/3"0"#")$&'#>.%*#( #"&'# 3(.('3&/ 5$%/ 0"#$%$&'#>(&"-",$& .%32&%23'# '-'#*.$.
%/(3('8%(3 <(&',( ' ;(* &"-&(3- "8 0"#$%$&'# (&"#")$.%. D(6)6@ a(&/%@ EFG]S ^$%%#( '-1
a"3"5$%:@ EFGTS B'..(%%@ EFGGI6
!"#$%$&'# (&"#")$.%. .((;$-) %" $-%()3'%( 0#'&( '-1 -"-0#'&(><'.(1 '-'#*.$. %23-(1
,'$-#* %" -(">O'3+$., $- %/( #'%( EFTQ. '-1 ('3#* EFGQ.6 7/( #'%%(3 5'. /(%(3")(-("2.
$- -'%23( '-1 (-&",0'..(1 1(0(-1(-&* %/("3* D(6)6@ ?3'-;@ A'31"."@ ?'#(%%'I@ 5"3#1>
.*.%(,. %/("3* D(6)6@ ['##(3.%($-I '-1 ,"1(. "8 03"12&%$"- %/("3* D(6)6@ J(*@
O($##'.."2+I6 7/$. 5"3; /'. <((- 3(4$(5(1 (+%(-.$4(#* (#.(5/(3( D7'*#"3@ EFTFS !((%@
EFFES a(%%-(@ EFF]I@ <2% 5/'% $. $,0"3%'-% %" -"%( /(3( $. %/'% -(">O'3+$., 5'. '% $%.
,".% $-8#2(-%$'# $- %/( ."&$'# .&$(-&(. '% ' %$,( 5/(- ,'-* 0"#$%$&'# (&"#")$.%. ."2)/% '
3'1$&'# %/("3* %" $-8"3, %/($3 &"-%(+%2'# '-'#*.(.6 7" <( .23(@ 3(."23&( 1(0#(%$"- /'1
#"-) <((- ' %/(,( $- O'3+$.% .&/"#'3./$0@ (4(- $- ' %/$31>5"3#1 &"-%(+% D?3'-;@ EFUTS
A'#15(##@ EFTTI6 a"5(4(3@ J(1&#$8% DEFGdH ERI 3$)/%#* -"%(. %/'% KO'3+$.% 53$%$-) '<"2%
%/( 1(4(#"0,(-% 03"&(.. /'. '&&"31(1 ' .(&"-1'3* 3"#( %" %/( -'%23'# (-4$3"-,(-%L Z
' 0"$-% (+0#"3(1 .2<.(92(-%#* $- 1(<'%(. '<"2% (&"#")* '-1 O'3+$., D_LA"--"3@ EFGGS
B(-%"-@ EFGFS c32-1(,'--@ EFFES A'.%3((@ EFF]I6 P(%@ 8"3 ,'-* 0"#$%$&'# (&"#")$.%.
53$%$-) "- %/( %/$31 5"3#1 $- %/( 8$3.% /'#8 "8 %/( EFGQ.@ -(">O'3+$., "88(3(1 ' ,('-. %"
#$-; #"&'# ."&$'# "003(..$"- '-1 (-4$3"-,(-%'# 1()3'1'%$"- %" 5$1(3 0"#$%$&'# '-1
(&"-",$& &"-&(3-. 3(#'%$-) %" 03"12&%$"- 92(.%$"-. DB#'$;$(@ EFG]S B2-;(3@ EFG]I6
\23$-) %/( 8$3.% 0/'.( "8 %/$31>5"3#1 0"#$%$&'# (&"#")*@ 5/$&/ &'- <( .'$1 %" /'4( 32-
83", %/( #'%( EFTQ. 2-%$# %/( ,$1>EFGQ.@ .&/"#'3. 3(."3%(1 %" -(">O'3+$., '. ' 5'* "8
'4"$1$-) %/( 0(3&($4(1 '0"#$%$&$., "8 5"3; <* ,'-* &2#%23'# (&"#")$.%. '-1 -(">
O'#%/2.$'- 53$%(3.6 ['%%. DEFGR'I@ B#'$;$( DEFG]I '-1 B2-;(3 DEFG]I@ 8"3 (+',0#(@ .$%2'%(1
%/($3 .%21$(. "- -"3%/(3- M$)(3$'@ ."$# (3".$"- '-1 %/( C,':"-@ 3(.0(&%$4(#*@ $- '
.%32&%23'# 83',(5"3; $-8"3,(1 <* -(">O'3+$.% $1('.6 C#%/"2)/ %/(.( .%21$(. 03"4$1(1
3$&/ (,0$3$&'# $-.$)/%.@ %/( (,0/'.$. "- .%32&%23( %(-1(1 '% %$,(. %" 1"5-0#'* %/( '<$#$%*
B= !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

"8 0"#$%$&'##* "3 (&"-",$&'##* 5(';(3 )3'..3""%. '&%"3. .2&/ '. .,'##>.&'#( 8'3,(3. "3
./$8%$-) &2#%$4'%"3. %" 3(.$.% %/($3 ,'3)$-'# .%'%2.6 a"5(4(3@ %/( -(">O'3+$.% <'.$. "8
%/$31>5"3#1 0"#$%$&'# (&"#")* '% %/$. %$,( 5'. -"5/(3( ,"3( (4$1(-% %/'- $- 5"3; <*
A#$88( '-1 O""3.", DEFTFI@ a(1#2-1 DEFTFI '-1 _LB3$(- DEFG]I 02<#$./(1 $- %/( +!,'!-
). %./'0#& 1)$'"'0#$ 20)&)34 5/$&/ (+0#'$-(1 #"&'# (-4$3"-,(-%'# &"-8#$&%. $- %(3,. "8
&#'.. 3(#'%$"-. '-1 .230#2. (+%3'&%$"- #$-;(1 %" )#"<'# &'0$%'#$.% 03"12&%$"-6 7/( 3"#( "8
#"&'# 0"#$%$&. $- ,(1$'%$-) 3(."23&( '&&(.. '-1 &"-8#$&% 5'. %/(3(<* "8%(- #'3)(#*
-()#(&%(1@ '-1 1$.&2..$"- "8 1$88(3(-% '&%"3. D$6(6@ .%'%(.@ <2.$-(..(.@ 8'3,(3.I 4(3)(1 '%
%$,(. "- %/( .$,0#$.%$& DO""3(@ EFFUI6 7/( .%'%(@ 8"3 (+',0#(@ 5'. %*0$&'##* .((- '. <($-)
#$%%#( ,"3( %/'- '- ')(-% "8 &'0$%'#@ %/(3(<* "<.&23$-) <"%/ %/( 0"%(-%$'# '2%"-",* "8
%/$. '&%"3 ,'56#76,'5 &'0$%'#@ '-1 %/( 1$4(3.$%* "8 <23('2&3'%$& $-%(3(.%. %/'% %/( .%'%( "8%(-
(-&",0'..(.6
A"-&(3-. "4(3 %/( $-8#2(-&( "8 1(%(3,$-$.%$& -(">O'3+$., "- %/( 8$(#1L. 1(4(#"0,(-%
#(1 $- %/( #'%( EFGQ. %" %/( .%'3% "8 ' .(&"-1 0/'.( $- %/$31>5"3#1 0"#$%$&'# (&"#")* %/'%
/'. 13'5- "- ' ,"3( (&#(&%$& 3'-)( "8 %/("3(%$&'# ."23&(.6 B#'$;$( '-1 B3"";8$(#1 DEFGTI@
c2/' DEFGFI '-1 a(&/% '-1 A"&;<23- DEFGFI $-$%$'%(1 %/$. 03"&(.. 5$%/ 5"3; "- #'-1
1()3'1'%$"-@ %/( C,':"- '-1 N-1$'@ 3(.0(&%$4(#*@ <2% 5(3( .""- 8"##"5(1 <* ' 8#""1 "8
.%21$(. <* "%/(3 .&/"#'3. D(6)6@ M(2,'--@ EFFXS !(#2."@ EFFXS M(2,'-- '-1 =&/3"(1(3@
EFF]S !((% '-1 ['%%.@ EFFU<I '## "8 5/$&/ ."2)/% %" 1(,"-.%3'%( ' ,"3( &",0#(+ 2-1(3>
.%'-1$-) "8 /"5 0"5(3 3(#'%$"-. ,(1$'%( /2,'-Z(-4$3"-,(-%'# $-%(3'&%$"- %/'- 5'.
/$%/(3%" %/( &'.(6 N- 1"$-) ."@ 0"#$%$&'# (&"#")$.%. /'4( #$-;(1 %/($3 3(.('3&/ %" ' 1$4(3.$%*
"8 %/("3(%$&'# #$%(3'%23(. %/'% 1(8* ('.* &#'..$8$&'%$"-6 7/2.@ .&/"#'3. /'4( 13'5- "- -(">
[(<(3$'- %/("3$:$-) $- 0"#$%$&'# ."&$"#")* D=;"&0"#@ EFG]S O'--@ EFGUI %" (+0#"3( %/(
$,0#$&'%$"-. 8"3 (-4$3"-,(-%'# &"-8#$&% "8 %/( 0"%(-%$'##* '2%"-","2. .%'%( D!(#2."@ EFFXS
B3*'-% EFFT<I6 7/( 0"%(-%$'# 0"5(3 "8 )3'..3""%. '&%"3. .2&/ '. 0""3 8'3,(3. '-1 ./$8%$-)
&2#%$4'%"3. $- (-4$3"-,(-%'# &"-8#$&%. /'. <((- (,0/'.$:(1 5$%/ 3(8(3(-&( %" %/( &"-&(0%.
"8 '4"$1'-&( <(/'4$"23 DC1'.@ EFGEI '-1 (4(3*1'* 3(.$.%'-&( D=&"%%@ EFG]I '. 0'3% "8 '-
'%%(,0% %" #$-; 0"#$%$&'# (&"#")* %" 1(4(#"0,(-%. $- ."&$'# ,"4(,(-%. %/("3$:$-) Dc2/'@
EFGFS !(#2."@ EFFXI6 =&/"#'3. $-8#2(-&(1 <* /"2.(/"#1 .%21$(. Dc2*(3 '-1 !(%(3.@ EFGTS
B(33*@ EFGFI '-1 (&"8(,$-$.% 53$%$-). DC)'35'#@ EFFXS W'&;."-@ EFFRI /'4( (+',$-(1 /"5
0"5(3 3(#'%$"-. 5$%/$- %/( /"2.(/"#1 $-8#2(-&( %/( &"-%3"# "8 #'-1@ -'%23'# 3(."23&(.@
#'<"23 '-1 &'0$%'# D=&/3"(1(3@ EFFRS A'3-(*@ EFFUI6 ?$-'##*@ '-1 ,"3( 3(&(-%#*@ 5"3; /'.
.%'3%(1 %" 13'5 20"- K0".%.%32&%23'#$.,L '-1 K1$.&"23.( %/("3*L D='$1@ EFTGS B/'</'@ EFFdS
b.&"<'3@ EFF]I %" ,'0 %/( 5'*. $- 5/$&/ ;-"5#(1)( '-1 0"5(3 ,'* $-%(3>3(#'%( ." '. %"
,(1$'%( 0"#$%$&'#>(&"#")$&'# "2%&",(. D?'$3/('1 '-1 ^('&/@ EFF]S ?"3%,'--@ EFF]S W(5$%%@
EFF]'S b.&"<'3@ EFFUS !((% '-1 ['%%.@ EFFU<I6
7/( /$.%"3$&'# 1(4(#"0,(-% "8 %/$31>5"3#1 0"#$%$&'# (&"#")* $-1$&'%(. ' 3(.('3&/ 8$(#1
%/'% '$,. )(-(3'##* %" 3(#'%( 0"#$%$&'#>(&"-",$& '-1 (&"#")$&'# 03"&(..(.@ '#<($% %/3"2)/ '
0#23'#$%* "8 '003"'&/(. DB3*'-% '-1 B'$#(*@ EFFTI6 P(% '- 2-1(3#*$-) '..2,0%$"- $.
%/'% 0"#$%$&. '-1 (-4$3"-,(-% '3( (4(3*5/(3( %/"3"2)/#* $-%(3&"--(&%(16 C. a'34(*
DEFFRH X]I "<.(34(.@

'## (&"#")$&'# 03"Y(&%. D'-1 '3)2,(-%.I '3( .$,2#%'-("2.#* 0"#$%$&'#>(&"-",$& 03"Y(&%. D'-1 '3)2,(-%.I '-1 4$&(
4(3.'6 b&"#")$&'# '3)2,(-%. '3( -(4(3 ."&$'##* -(2%3'# '-* ,"3( %/'- ."&$">0"#$%$&'# '3)2,(-%. '3( (&"#")$&'##*
-(2%3'#6 ^"";$-) ,"3( &#".(#* '% %/( 5'* (&"#")* '-1 0"#$%$&. $-%(33(#'%( %/(- <(&",(. $,0(3'%$4( $8 5( '3( %" )(%
' <(%%(3 /'-1#( "- /"5 %" '003"'&/ (-4$3"-,(-%'#f(&"#")$&'# 92(.%$"-.6

!"#$%$&'# (&"#")$.%. '3( %/2. ;((- %" 2-1(3.%'-1 %/( 1*-',$&. '-1 03"0(3%$(. "8 '
K0"#$%$&$:(1 (-4$3"-,(-%L6 _-( 5'* $- 5/$&/ %" 3(03(.(-% %/'% (-4$3"-,(-% $. %/3"2)/
5,*6#(3 78 9"*,(4 BD

5/'% B#'$;$( DEFF]I %(3,. K' &/'$- "8 (+0#'-'%$"-L .233"2-1$-) .0(&$8$& (-4$3"-,(-%'#
03"<#(,. D.(( '#." B#'$;$( '-1 B3"";8$(#1@ EFGTS B#'$;$(@ EFGFI6
V.$-) %/( (+',0#( "8 #'-1 1()3'1'%$"- D.(( ?$)23( EI@ B#'$;$( .%'3%. 5$%/ 0/*.$&'#
&/'-)(. $- ."$# '-1 4()(%'%$"- D<"+ CI '-1 %/($3 '.."&$'%(1 (&"-",$& .*,0%",. D<"+ BI@
#$-;. %/(.( %" #"&'%$"->.0(&$8$& #'-1>2.( 03'&%$&(. D<"+ AI '. 5(## '. $-1$4$12'# '-1
&"##(&%$4( 1(&$.$"->,';$-) 03"&(..(. D<"+(. \ '-1 bI@ <(8"3( (-1$-) 20 5$%/ 5$1(3
&"-%(+%2'# 8"3&(. '.."&$'%(1 5$%/ %/( .%'%( D<"+ ?I '-1 %/( $-%(3-'%$"-'# (&"-",* D<"+ cI6
C% ('&/ 0"$-% $- %/( &/'$- "8 (+0#'-'%$"-@ %/( ',<$)2$%$(. '-1 &",0#(+$%$(. '.."&$'%(1
5$%/ 2-1(3.%'-1$-) '-1 %/(- #$-;$-) ."&$'# '-1 (-4$3"-,(-%'# 03"&(..(. '3( (,0/'>
.$:(16 7/2.@ %/( &"--(&%$"- <(%5((- 0/*.$&'# &/'-)(. '-1 %/($3 (&"-",$& .*,0%",. "-

/012%* 3 7/( &/'$- "8 (+0#'-'%$"- $- #'-1 1()3'1'%$"-


8)9/0!H ?3", B#'$;$(@ EFF]H EF@ ?$)23( E6X
BK !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

4&"5* 3 \$,(-.$"-. "8 ' 0"#$%$&$:(1 (-4$3"-,(-%

-6$.&86%&8 H3#86L": L3"&2.8 M",N+. %0 3N$"& 6$/"L, H%:6,6L": +.8/%&8. 5.# L%&L./,

OP.+#'"# ;%6: .+%86%&4 9N$N:",6P. "&' ,#/6L"::# (6P.:63%%' /+%,.8,8T U"+26&":6,#


'.0%+.8,",6%&4 3623:# N&.RN":S ,3. /%%+ "+. +.868,"&L.
8":6&6Q",6%& ,3. $"6& :%8.+8

O/68%'6L V:%%'6&24 3623 U"# 3"P. 2.&.+": 6$/"L, XN, Z-68"8,.+7 +.:6.0 [N:&.+"X6:6,#
W6&'8T8,%+$84 N&.RN": .Y/%8N+. $."&8 ,3",
'+%N23, ,3. /%%+ "+. ,3. $"6& :%8.+8

;#8,.$6L MNL:."+ 0"::%N,4 ].&'8 ,% 3"P. " 2.&.+": H%/N:"+ '68,+N8, !68_
/.8,6L6'. 6$/"L, %0 %^L6": Z.Y/.+,87
L%&L.&,+",6%&4
X6%:%26L"::#
$%'6\.' 8/.L6.8

:#;"+%` ?'"/,.' 0+%$ *+#"&, "&' *"6:.#4 @AAI` DC4 ]"X:. =)@)

%/( "-( /'-1@ '-1 .0(&$8$& #'-1>2.( 03'&%$&(. '% %/'% 0#'&( "- %/( "%/(3 /'-1@ $. K"0(- %"
2-&(3%'$-%*@ <"%/ <(%5((- .&$(-%$.%. '-1 <(%5((- %/(, '-1 #"&'# 3(."23&( 2.(3.L DB#'$;$(@
EFF]H XQI6
C-"%/(3 5'* $- 5/$&/ %" &"-&($4( "8 ' 0"#$%$&$:(1 (-4$3"-,(-% $. %" %/$-; $- %(3,. "8
%/( 1$88(3(-% 1$,(-.$"-. "8 %/'% (-4$3"-,(-% DB3*'-% '-1 B'$#(*@ EFFTI6 7/(.( 1$,(-.$"-.
'3( .(% "2% $- 7'<#( E $- 3(#'%$"- %" 0/*.$&'# &/'-)(.@ %/( -'%23( "8 %/( /2,'- $,0'&%@ %/(
0"#$%$&'# 3(.0"-.( '-1 ;(* &"-&(0%.6 7/( 8$3.% K(4(3*1'*L 1$,(-.$"- $-4"#4(. 0/*.$&'#
&/'-)(. D(6)6@ 1(8"3(.%'%$"-@ ."$# (3".$"-I %/'% .$,2#%'-("2.#* 1(3$4( 83", 1'*>%">1'*
/2,'- 03'&%$&(. '-1 2-(92'##* '88(&% %/".( .',( 03'&%$&(. "- ' 1'$#* <'.$. DB#'$;$(@ EFG]S
!(#2."@ EFFXI6 [/$#( %/( /2,'- $,0'&% 4'3$(. 83", 0#'&( %" 0#'&(@ %/(3( $. 2.2'##* -"-(
%/( #(.. ' 03"&(.. "8 ,'3)$-'#$:'%$"- '% 5"3; 5/$&/ '14(3.(#* '88(&%. %/( $-%(3(.%. "8 %/(
0""3(.% ,(,<(3. "8 %/( &",,2-$%*6 7/( .(&"-1 K(0$."1$&L 1$,(-.$"- $-&#21(. 0/*.$&'#
&/'-)(. D(6)6@ 8#""1$-)@ /$)/ 5$-1.f.%"3,.I %/'% "8%(- /'4( ' ,'..$4(@ $,,(1$'%( '-1
/$)/#* 2-(92'# /2,'- $,0'&%@ <2% "&&23 .0"3'1$&'##* "4(3 %$,( '-1 '3( 83(92(-%#*
1(.&3$<(1@ 2.2'##* $-'&&23'%(#*@ '. K-'%23'#L 1$.'.%(3. D['%%.@ EFGR<S B#'$;$( !" #$6@ EFFdI6
a(3(@ %/( 42#-(3'<$#$%* "8 %/( ,'3)$-'#$:(1 0""3 -((1. %" <( (,0/'.$:(16 [/$#( '
1$.'.%(3 ,'* '88(&% '- (-%$3( &",,2-$%*@ $% $. %*0$&'##* %/( 0""3 5/" '3( ,".% (+0".(1 %"
$%. (88(&%. '-1 #('.% '<#( %" <('3 %/( '.."&$'%(1 &".%. $- %(3,. "8 1$.320%(1 #$4(#$/""1.6 7/(
%/$31 K.*.%(,$&L 1$,(-.$"- (-&",0'..(. 0/*.$&'# &/'-)(. %/'% 1(3$4( 83", $-12.%3$'#
'&%$4$%$(. D(6)6@ -2&#('3 8'##"2%@ 0(.%$&$1(. $- %/( /2,'- 8""1 &/'$-I 5/$&/ '3( 0"%(-%$'##*@
<2% -"% -(&(..'3$#*@ K(92'#L $- %/($3 /2,'- $,0'&% DB2##@ EFGXS [($3@ EFGGI6 7/( -"%$"- "8
' K3$.; ."&$(%*L DB(&;@ EFFXI ,'* <( 2.(82# $- %/$. &"-%(+% '. ' ,('-. %" 2-1(3.%'-1 %/(
)(-(3'# '-1 2-.((- %/3('%. 0".(1 %" /2,'-. '. ' 3(.2#% "8 .(#(&%(1 /2,'- '&%$"-.6
7/( 8$(#1 "8 %/$31>5"3#1 0"#$%$&'# (&"#")* /'. %/2. <2$#% "- ('3#$(3 5"3; $- 3'1$&'#
1(4(#"0,(-% )(")3'0/* '-1 &2#%23'# (&"#")* %/3"2)/ $%. 8"&2. "- %/( 0"..$<#( 1*-',$&.@
03"0(3%$(. '-1 ,('-$-) "8 %/( -"%$"- "8 ' 0"#$%$&$:(1 (-4$3"-,(-%6 A(-%3'# %" %/$. %'.;
/'. <((- ' &"-&(3- %" '003(&$'%( /"5 %/'% (-4$3"-,(-% $. &"-.%$%2%(1 %/3"2)/ .%32))#(.
"4(3 ,'%(3$'# 03'&%$&(. '-1 .%32))#(. "4(3 ,('-$-)6
5,*6#(3 78 9"*,(4 BJ

555 92"8$ $(4.%"(:$(/;

C ,"3( 1(%'$#(1 2-1(3.%'-1$-) "8 %/( %/$31 5"3#1L. 0"#$%$&$:(1 (-4$3"-,(-% $. %" <( 8"2-1
$- %/( '-'#*.$. "8 /"5 2-(92'# 0"5(3 3(#'%$"-. '3( "8%(- #$-;(1 %" &"-8#$&%. "4(3 '&&(.. %"@
'-1 %/( 2.( "8@ 1$4(3.( (-4$3"-,(-%'# 3(."23&(.6 7/$. %*0( "8 '-'#*.$. /'. #"-) <((- ' &(-%>
3'# %/(,( $- 0"#$%$&'# (&"#")* '. .&/"#'3. 5"3;$-) $- C83$&'-@ C.$'- '-1 ^'%$- C,(3$&'-
&"-%(+%. /'4( ."2)/% %" (+0#'$- 92(.%$"-. "8 (-4$3"-,(-%'# &"-%3"# '-1 &"-%(.%'%$"-6
7/$. 3(.('3&/ /'. '#,".% $-(4$%'<#* 3(92$3(1 ' /$.%"3$&'# 0(3.0(&%$4(6 7/( $-%(34(-%$"-
"8 %/( b23"0('- '-1 C,(3$&'- &"#"-$'# 0"5(3. $- %/( K%/$31>5"3#1L $. (.0(&$'##* &32&$'#
%" 2-1(3.%'-1$-) &"-%(,0"3'3* 0'%%(3-. "8 /2,'-Z(-4$3"-,(-%'# $-%(3'&%$"- '-1 '..">
&$'%(1 0"5(3 3(#'%$"-.6 =2&/ $-%(34(-%$"- (-&",0'..(1 %/( $-&"30"3'%$"- "8 %/$31>5"3#1
0("0#(. '-1 (-4$3"-,(-%. $-%" ' 8$3.% 5"3#1>1",$-'%(1 )#"<'# .*.%(, "8 &'0$%'#$.%
03"12&%$"- $- ' 03"&(.. $- 5/$&/ ,$##$"-. "8 #$4(#$/""1. 5(3( %3'-.8"3,(1 "8%(- 8"3
%/( 5"3.( DJ2./@ EFFEI6 7/2.@ ' &#'..$& 5"3; <* ['%%. DEFGR'I ./"5(1 /"5 %/( B3$%$./
'2%/"3$%$(. 8"3&(1 0('.'-% 03"12&(3. $- 5/'% $. %"1'* -"3%/(3- M$)(3$' $-%" '- $,0(3$'#
(&"-",*@ <2% $- 1"$-) ." #(8% %/".( 03"12&(3. (+0".(1 %" %/( ./'30 4$&$..$%21(. "8
&",,"1$%* 03$&(. $- '- (&"-",* /"0(#(..#* <(*"-1 %/($3 &"-%3"#6 O"3( 3(&(-% 5"3; /'.
#$-;(1 %/( ."&$'# '-1 (&"-",$& ,'3)$-'#$:'%$"- "8 8'3,(3.@ ./$8%$-) &2#%$4'%"3. '-1
/2-%(3>)'%/(3(3. (+0#$&$%#* %" %/( 03"0(-.$%* "8 &"#"-$'# .%'%(. %" %23- #"&'##* "5-(1 '-1
"0(3'%(1 K&",,"-.L 3(."23&(. $-%" .%'%(>32- %(33$%"3$(.6 7/( K%3')(1* "8 (-&#".23(L
Db&"#")$.%@ EFFRI /'. <((- 1(.&3$<(1 -"%'<#* 5$%/ 3(8(3(-&( %" 8"3(.% #'-1. $- ."2%/ '-1
."2%/>('.% C.$' Dc2/'@ EFGFS !(#2."@ EFFXS B3*'-%@EFFT<I '-1 3'-)(#'-1. $- ('.% '-1
="2%/ C83$&' DM(2,'--@ EFFXS !(%(3.@ EFFdI6
C. %/$. 3(.('3&/ '#." ./"5.@ %/( &"#"-$'# #()'&* $. '#$4( '-1 5(## $- ,'-* 0'3%. "8 %/(
%/$31 5"3#1 %"1'* 5/(3( 0"#$%$&'# '-1 (&"-",$& (g#$%(. '&&2,2#'%( 5('#%/ '-1 0"5(3 <'.(1
"- %(-23( '33'-)(,(-%. '-1 ,'-')(,(-% 03'&%$&(. <(92('%/(1 %" %/(, <* %/( 1(0'3%$-)
&"#"-$'# '2%/"3$%$(. DB3*'-% !" #$6@ EFFRI6 N- &"2-%3$(. '. 0"#$%$&'##*@ (&"-",$&'##* '-1
&2#%23'##* 1$4(3.( '. N-1$'@ B23,' '-1 N-1"-(.$'@ 8"3 $-.%'-&(@ %/(3( /'. <((- ' &",0'3'>
<#( %(-1(-&* %" '88$3,@ 5/(-(4(3 0"..$<#(@ %/( .203(,'&* "8 ' .%'%(>"3)'-$:(1 .*.%(, "8
K.&$(-%$8$& 8"3(.%3*L %/'% /'. .(34(1 %/( 0"#$%$&'# '-1 (&"-",$& $-%(3(.%. "8 &"#"-$'# '-1
0".%&"#"-$'# 3()$,(. '#$;( Dc2/'@ EFGFS !(#2."@ EFFXS W(5$%%@ EFF]'S B3*'-% EFFT<I6 N8 '-*>
%/$-)@ 3(."23&( (+%3'&%$"- /'. $-%(-.$8$(1 $- %/(.( '-1 "%/(3 %/$31>5"3#1 &"2-%3$(. '. '
0".%&"#"-$'# 92(.% 8"3 3'0$1 -'%$"-'# K,"1(3-$:'%$"-L /'. <((- Y"$-(1 %" &"-&(3-. 8"3 $-1$>
4$12'# "3 )3"20 (-3$&/,(-% '-1 0"#$%$&'# '.&(-1'-&* DJ2./@ EFFES B3*'-% '-1 B'$#(*@ EFFTI6
7/( 0"#$%$&'# '-1 (&"#")$&'# (88(&%. "8 %/$. 03"&(.. '3( 0(3/'0. -"5/(3( ,"3( (4$1(-%
%/'- $- %/( (+0#"$%'%$"- "8 B3':$#L. C,':"-$'6 a(3(@ %" 2.( C,'1"L. &",0(##$-) $,')(3*
%/'% "0(-(1 %/$. '3%$&#(@ %/( #'-1. /'4( <((- K8(3%$#$:(1 5$%/ <#""1L '. ' 3(.2#% "8 %/(
1(4(#"0,(-% "8 ' 0"#$%$&$:(1 (-4$3"-,(-% 1(.&3$<(1 <* 0"#$%$&'# (&"#")$.%.6 B2-;(3
DEFG]I@ a'## DEFGFI@ a(&/% '-1 A"&;<23- DEFGFI '-1 =&/,$-; '-1 [""1 DEFFXI 03"4$1(
3$&/ (,0$3$&'# (4$1(-&( 83", 4'3$"2. 0'3%. "8 %/$. 4'.% 3()$"- %" ./"5 /"5 0"#$%$&'#
.%32))#(.@ (&"-",$& $-%(3(.%. '-1 (&"#")$&'# &/'-)( &",( %")(%/(3 $- 0'%%(3-. "8 /2,'-Z
(-4$3"-,(-% $-%(3'&%$"- %/'% &/'3'&%(3$:( B3':$#L. &"-%(,0"3'3* K4$"#(-% #'-1L DC,'1"@
EFGFI6
="&$'# '-1 (&"-",$& $-(92$%$(. '3( '- $-%()3'# 8('%23( $- %/( 1(4(#"0,(-% "8 '
0"#$%$&$:(1 (-4$3"-,(-% 5/(%/(3 $- B3':$# "8 (#.(5/(3( $- %/( %/$31 5"3#16 C% ' )(-(3'#
#(4(#@ 3(.('3&/ /'. (,0/'.$:(1 %/( ,'3)$-'#$%* '-1 42#-(3'<$#$%* "8 %/( 0""3 ,'56#76,'5
."&$'# '-1 (&"#")$&'# 03"&(..(.6 P(% &(3%'$- 1$.'14'-%')(1 )3"20. /'4( <((- ,"3(
'14(3.(#* '88(&%(1 %/'- "%/(3.S 1(03$4'%$"- $. -"% ' 2-$8"3, 03"&(..6 N- %/( &'.( "8
Ba !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

$-1$)(-"2. 0("0#(@ 8"3 (+',0#(@ K,"1(3- 1(4(#"0,(-%L /'. "8%(- <((- '.."&$'%(1 5$%/
1$.320%(1 #$4(#$/""1.@ &2#%23'# )(-"&$1( '-1 %/( 1()3'1'%$"- "8 #"&'# (-4$3"-,(-%.
Da"-)@ EFGTS a(&/% '-1 A"&;<23-@ EFGFS A"#&/(.%(3@ EFFRS a"5$%%@ EFFUI6 7/( 0"$-% "8
.2&/ 5"3; $. -"% %" 0(30(%2'%( ,*%/. "8 $-1$)(-"2. 0("0#( '. K5$.( .%(5'31.L "8 %/(
(-4$3"-,(-%@ "3 %" .2))(.% %/'% %/(* '3( '14(3.( %" 0'3%$&$0'%$"- $- %/( )#"<'# (&"-",*
DO231"&/ '-1 A#'3;@ EFFdS a'34(*@ EFFUI6 J'%/(3@ $% $. %" 1"&2,(-% %/( 5'*. $- 5/$&/
,'-* $-1$)(-"2. 0("0#( /'4( <((- (.0(&$'##* 1$.'14'-%')(1 '. %/($3 5'* "8 #$8( $.
.2<4(3%(1 <* %/( .03('1 "8 ' 1(4(#"0,(-% 03"&(.. "2%.$1( %/($3 &"-%3"#6
A"-%(,0"3'3* 1(4(#"0,(-% 03"&(..(. '-1 (-4$3"-,(-%'# ,'-')(,(-% '3( '#."
0'3%$&2#'3#* 03(Y21$&$'# %" %/( $-%(3(.%. "8 0""3 5",(-6 =&/"#'3. '1"0%$-) ' K8(,$-$.%
0"#$%$&'# (&"#")*L 0(3.0(&%$4( (+0#"3( %/( -(+2. "8 0"#$%$&.@ (&"#")*@ 1(4(#"0,(-% '-1
)(-1(3 $- "31(3 %" &#'3$8* %/( 1$4(3.( ."23&(. "8 8(,'#( "003(..$"- '-1 %/( ,2#%$0#( .$%(.
"8 5",(-L. 3(.$.%'-&( DJ"&/(#('2 !" #$6@ EFFUI6 7/$. #$%(3'%23( /'. ,"4(1 "- 83", %/(
1(<'%(. "4(3 (..(-%$'#$., %/'% 5(3( 03",$-(-% .(4(3'# *('3. ')" D(6)6@ =/$4'@ EFGFS
C)'35'#@ EFFXS W'&;."-@ EFFRI %" '..(.. %/( 5'*. $- 5/$&/ )(-1(3 ,'* 0#'* ' 3"#( $- %/(
&"-.%32&%$"- "8 .&$(-%$8$& ;-"5#(1)(@ %/( 1$.%3$<2%$"- "8 (-4$3"-,(-%'# 3$)/%. '-1
3(.0"-.$<$#$%$(.@ '-1 )3'..3""%. '&%$4$., DW"(;(. !" #$6@ EFF]S A'3-(*@ EFFUS J"&/(#('2 !" #$6@
EFFUS C)'35'#@ EFFTI6 7/$. 3(.('3&/ ./"5. %/'% 2-(92'# 0"5(3 3(#'%$"-. <(%5((-
,(- '-1 5",(- '3( 3(8#(&%(1 $-@ .'*@ K,'.&2#$-$.%L 3(.('3&/ '-1 0"#$&*>,';$-) ')(-1'.@
%/( $-(92$%'<#( 1$.%3$<2%$"- "8 $-&",(>('3-$-) "00"3%2-$%$(. 5$%/$- /"2.(/"#1.@ '-1 '
)(-(3'# -"-3(&")-$%$"- "8 5",(-L. /"2.(/"#1 '&%$4$%$(. '. K5"3;L6 N- %/( 03"&(..@
.&/"#'3. 1(,"-.%3'%( %/( )(-1(3(1 -'%23( "8 %/( %/$31 5"3#1L. 0"#$%$&$:(1 (-4$3"-,(-%6
7/(* /'4( '#." ."2)/% %" 1((0(- "23 '003(&$'%$"- "8 /"5 %/'% 0"#$%$&$:(1 (-4$3"-,(-%
,'* <( &"-.%$%2%(1 '% 4'3$"2. .&'#(.6 J(8#(&%$-) 0"#$%$&'# (&"#")*L. ('3#* #$-;. %" '-%/3">
0"#")* D$6(6@ &2#%23'# (&"#")*I@ %/( 8$(#1 $. (.0(&$'##* .%3"-) $- #"&'#>#(4(# 3(.('3&/ %/'%
03"<(. %/( ,('-$-) '-1 .$)-$8$&'-&( "8 ,$&3"0"#$%$&'# .%32))#(. "4(3 (-4$3"-,(-%'#
$..2(. %/'% "8%(- /'4( -'%$"-'# '-1 )#"<'# #$-;')(. Dc/'$ '-1 e$4$'-@ EFFXS ?3$(1,'--
'-1 J'-)'-@ EFFRS M(2,'-- '-1 =&/3"(1(3@ EFF]S !((% '-1 ['%%.@ EFFU<I6 J(#'%$4(#* #(..
'%%(-%$"-@ $- &",0'3$."-@ /'. <((- )$4(- %" %/( 0"#$%$&'# (&"#")* "8 K)#"<'#L $..2(. (!/ 5!@
'-1 '. .((- 83", ' %/$31>5"3#1 0(3.0(&%$4( DO""3( !" #$6@ EFFUI6 M"-( %/( #(..@ 5"3; <*
C)'35'# '-1 M'3'$- DEFFEI@ O2;/(3Y(( DEFFXI '-1 O(*(3>C<$&/ DEFFRI "- %/( 0"#$%$&. "8
<#',( '-1 K')(-1' .(%%$-)L .233"2-1$-) %/( $..2( "8 )#"<'# 5'3,$-) 3'$.(. ' .(3$(. "8
92(.%$"-. $- -((1 "8 1(%'$#(1 (+0#"3'%$"- <* 0"#$%$&'# (&"#")$.%.6 N- 1$88(3(-% 5'*.@ %/(-@
3(&(-% 5"3; (,0/'.$:(. %/( ,2#%$.&'#( -'%23( "8 0"#$%$&'# (&"#")* &"-8#$&%.6 !2% 1$88(3>
(-%#*@ $% ./"5. /"5 %/( 0"#$%$&$:(1 (-4$3"-,(-% $. &"-.%$%2%(1 '-1 &/'-)(1 '% 1$88(3(-%
.&'#(. $- 3(#'%$"- %" <"%/ 0/*.$&'# 03"<#(,. '-1 '&%"3. DB3*'-% '-1 B'$#(*@ EFFTI6 C.
h$,,(3(3 DEFFdH EETI 3$)/%#* "<.(34(.@ K'%%(-%$"- %" ,2#%$0#( .&'#(. $. -"5 *! /':!9/S $% $.
,"3( (+0#$&$%@ ,"3( (+0(&%(1@ '-1 ,"3( (+0"2-1(1 %/'- /(3(%"8"3(L6
J2--$-) %/3"2)/ ,".% 0"#$%$&'#>(&"#")* 3(.('3&/ $. %/( -"%$"- "8 ."&$'# '-1 (-4$3"->
,(-%'# &"-1$%$"-. &"-.%$%2%(1 %/3"2)/ 2-(92'# 0"5(3 3(#'%$"-.6 C% "-( #(4(#@ 0"5(3 $.
3(8#(&%(1 $- %/( '<$#$%* "8 "-( '&%"3 %" &"-%3"# %/( (-4$3"-,(-% "8 '-"%/(36 =2&/ &"-%3"#
,'* <( K$-.&3$<(1L $- %/( (-4$3"-,(-% %/3"2)/ #'-1@ '$3 "3 5'%(3 '#%(3'%$"-.H 8(##(1 8"3(.%.@
%$,<(3 0#'-%'%$"-.@ &"%%"- 8$(#1.@ %"+$& 5'.%( 12,0.@ ,$-( %'$#$-). '-1 ." "-6 J(.$.%'-&(
%" .2&/ &"-%3"# ,'* '#." <(&",( K(,<(11(1L $- %/( (-4$3"-,(-%'# K%(+%LH 8"3(.% &#('3'-&(
#$-;(1 %" K$##()'#L &2#%$4'%$"- "3 82(#5""1 )'%/(3$-) $- 3(.(34(1 8"3(.%. "3 -'%$"-'# 0'3;.@
%/( &2#%$4'%$"- "8 8"3<$11(- &3"0. "3 %/( 0"'&/$-) "8 <$) )',( $- 5$#1#$8( 0'3;.6 P(%@ $8
2-(92'# 0"5(3 3(#'%$"-. ,'* <( 3(8#(&%(1 $- %/( 0/*.$&'# (-4$3"-,(-% $- %/$. ,'--(3@ $%
$. '#." &#('3 %/'% %/(3( $. ,2&/ ,"3( %" %/".( 3(#'%$"-. %/'- K,((% %/( (*(L6
5,*6#(3 78 9"*,(4 BI

5< 92"8$ '("#)$*+$;

J(.('3&/ /'. 8"&2.(1 $- 0'3%$&2#'3 "- %/( ,'--(3 $- 5/$&/ 0"5(3 3(#'%$"-. ,'* <(
3(8#(&%(1 $- &"-8#$&%$-) 0(3&(0%$"-.@ 1$.&"23.(. '-1 ;-"5#(1)( &#'$,. '<"2% 1(4(#"0,(-%
'-1 (&"#")$&'# 03"&(..(.6 J(&(-% &'##. 8"3 ' K%23- %" 1$.&"23.(L $- 0"#$%$&'# (&"#")* D!((%
'-1 ['%%.@ EFFU'I &(3%'$-#* 3(8#(&% 5$1(3 %3(-1. $- %/( ."&$'# .&$(-&(. $- %/( EFFQ. Dc'-1*@
EFFUI6 P(% %/(.( &'##. '#." 3($%(3'%( '- ('3#$(3 0"$-% ,'1( <* %/( 0"#$%$&'# (&"#")$.%.
=&/,$-; '-1 [""1 DEFGTH ]EI %/'% $1('. '3( -(4(3 $--"&(-% <2% K($%/(3 3($-8"3&( "3
&/'##(-)( (+$.%$-) ."&$'# '-1 (&"-",$& '33'-)(,(-%.L6
!"#$%$&'# '-1 (&"-",$& (g#$%(. /'4( $-4'3$'<#* ."2)/% %" Y2.%$8* .0(&$8$&@ 2.2'##* /$)/#*
2-(92'#@ 0'%%(3-. "8 /2,'- 2.( "8 %/( (-4$3"-,(-% $- %(3,. "8 K%/( )3('%(3 ."&$'# )""1L6
=2<"31$-'%( )3"20.@ $- &"-%3'.%@ /'4( %*0$&'##* &/'##(-)(1 (g#$%(. 0'3%#* %/3"2)/ %/(
1(4(#"0,(-% "8 ' K&2#%23( "8 3(.$.%'-&(L %" (g#$%( &#'$,. D=&"%%@ EFFQS !(#2."@ EFFXS W'3".:@
EFFUI6 !"#$%$&'# (&"#")$&'# &"-8#$&%. '3( %/2. '. ,2&/ .%32))#(. "4(3 ,('-$-) '. %/(* '3(
<'%%#(. "4(3 ,'%(3$'# 03'&%$&(.6
7/( $-%3"12&%$"- "8 K.&$(-%$8$& 8"3(.%3*L $- &"#"-$'# C.$' $##2.%3'%(. %/$. 0"$-% -$&(#*6 7/$.
c(3,'- .*.%(, "8 8"3(.% ,'-')(,(-% 5'. $-%3"12&(1 8$3.% $- B3$%$./>32#(1 B23,' '-1
N-1$' '-1 \2%&/>32#(1 W'4' <(8"3( <($-) (+0"3%(1 %" "%/(3 &"#"-$'# %(33$%"3$(. $- %/( #'%(
-$-(%((-%/ '-1 ('3#* %5(-%$(%/ &(-%23$(. Dc2/'@ EFGFS !(#2."@ EFFXS W(5$%%@ EFF]'S B3*'-%@
EFFT<I6 7/( ,'$- 0230".( "8 .&$(-%$8$& 8"3(.%3* 5'. %/( 03","%$"- "8 #"-)>%(3, &",>
,(3&$'# %$,<(3 03"12&%$"-@ (.0(&$'##* ;(* .0(&$(. .2&/ '. 1("1'3 '-1 %(';@ &(-%3'# %" %/(
$,0(3$'# (&"-",$(.6 B2% 8"3 %/$. .*.%(, %" .2&&((1@ ' ,'Y"3 %3'-.8"3,'%$"- $- #"&'# ."&$'#
'-1 (&"#")$&'# &"-1$%$"-. 5'. 3(92$3(16 a(-&(@ '% %/( .',( %$,( '. $,0(3$'# 8"3(.%(3.
."2)/% %" (#$,$-'%( K&",0(%$%"3 .0(&$(.L %" 8'4"23(1 %3(( .0(&$(.@ %/(* '#." '%%(,0%(1 %"
3(.%3$&% '#%(3-'%$4( 8"3(.% 03'&%$&(. %/'% ,$)/% K$-%(38(3(L 5$%/ "88$&$'# %$,<(3 (+%3'&%$"- '-1
3()(-(3'%$"- "0(3'%$"-. Z ./$8%$-) &2#%$4'%$"- 2.2'##* <($-) ' 8'4"23(1 %'3)(% Dc'1)$# '-1
c2/'@ EFFXS !(#2."@ EFFXS B3*'-%@ EFFdS W(5$%%@ EFF]'I6 A"#"-$'# "88$&$'#. Y2.%$8$(1 %/(
/('4*>/'-1(1 8"3(.% 0"#$&$-) "8%(- '.."&$'%(1 5$%/ %/( $,0".$%$"- "8 .&$(-%$8$& 8"3(.%3*
"- %/( )3"2-1. %/'% $% 5'. ' K.&$(-%$8$&L .*.%(, %/'% 5'. $-%3"12&(1 $- %/( 02<#$& $-%(3(.%6
7/(.( "88$&$'#. 823%/(3 &"-%3'.%(1 %/$. K(&"#")$&'##* )""1L .*.%(, 5$%/ %/( K(&"#")$&'##*
<'1L 03'&%$&(. "8 #"&'# 8"3(.% 2.(3.@ -"%'<#* ./$8%$-) &2#%$4'%"3.6 C 1$.&"23.( "8 K8"3(.%3* '.
03")3(..L 5'. %/(3(<* 1(4(#"0(1 $- 5/$&/ K'003"03$'%(L 8"3(.% 2.( 5'. 1(8$-(1 #'3)(#* $-
%(3,. "8 ' &",,(3&$'# %$,<(3 (+%3'&%$"-@ 5/$&/ 5'. '..(3%(1 %" <( <"%/ (&"#")$&'##*
."2-1 '-1 8$-'-&$'##* 3(,2-(3'%$4( %" %/( .%'%(@ 5/$#( "%/(3 #"&'# '&%$4$%$(. 5(3(
1(-$)3'%(1 D%/( K1(.%32&%$4(L ./$8%$-) &2#%$4'%"3I@ ,'3)$-'#$:(1 D$6(6@ K,$-"3 8"3(.%
03"12&%.LI '-1 (4(- &3$,$-'#$:(1 DB3*'-%@ EFFUI6 P(%@ ,'3)$-'#$:(1 )3"20. &/'##(-)(1
%/( '.&(-1'-&* "8 .&$(-%$8$& 8"3(.%3* 5/(3(4(3 $% 5'. $-%3"12&(16 7/(* 1$1 ." %/3"2)/
3(.$.%'-&( 03'&%$&(. %/'% .$,2#%'-("2.#* '%%'&;(1 $,0(3$'# &",,(3&$'# $-%(3(.%.@ -"%'<#*
%/3"2)/ '3."- '%%'&;. "- %$,<(3 0#'-%'%$"-.@ '-1 '..(3%(1 03(>(+$.%$-) #"&'# 2.( K3$)/%.L@
%/3"2)/ K$##()'#L 8"3(.% 2.( Dc2/'@ EFGFS !(#2."@ EFFXS B3*'-%@ EFFT<I6
C 3(#'%(1 %/(,( $- 0"#$%$&'# (&"#")* $. 5"3; "- %/( ."&$'# &"-.%32&%$"- "8 (-4$3"-,(-%'#
K03"<#(,.L '-1 K&3$.(.L@ '-1 %/( 5'*. $- 5/$&/ %/$. 03"&(.. ,'* 8'&$#$%'%( %/( &"-%3"# "8
0("0#(. '-1 (-4$3"-,(-%. <* 0"5(382# '&%"3.6 C. B#'$;$( '-1 B3"";8$(#1 DEFGTI -"%(
)(-(3'##*@ (-4$3"-,(-%'# 03"<#(,. '3( .2&/ "-#* <(&'2.( %/(* '3( .((- '. .2&/ <*
1$88(3(-% $-1$4$12'#. '-1 )3"20.6 b-4$3"-,(-%'# &/'-)( <(&",(. ' K03"<#(,L <(&'2.( $%
$. .((- %" '88(&% /2,'- $-%(3(.%. '14(3.(#*6 !"#$%$&'# (&"#")$.%. /'4( #"-) "<.(34(1 %/'%
%/( /2,'- $,0'&% "8 (-4$3"-,(-%'# &/'-)( $. 2-(4(-#* 1$.%3$<2%(1 $- %/'% 0""3 '-1
,'3)$-'#$:(1 )3"20. 2.2'##* (+0(3$(-&( ,".% 8"3&(82##* $%. 1(%3$,(-%'# (88(&%. D['%%.@
BB !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

EFGR'I6 P(% %/( 0"$-% /(3( $. ' 1$88(3(-% "-(6 N% $.@ -',(#*@ %/'% %/( 03"&(.. "8 03"<#(,
1(8$-$%$"-@ '-1 '.."&$'%(1 0#'-. 8"3 03"<#(, 3(."#2%$"-@ $. $%.(#8 ' /$)/#* 0"#$%$&'# '&% %/'%
,'* "3 ,'* -"% <( )3"2-1(1 $- .&$(-%$8$& K8'&%L6
\$.&"23.(. .233"2-1$-) ."$# (3".$"- '-1 #".. '3( $##2.%3'%$4( $- %/$. 3()'316 b'3#* 5"3;
<* C-1(3."- DEFGdI@ B($-'3% DEFGdI@ B#'$;$( DEFG]I@ O$##$-)%"- DEFGTI '-1 =/"5(3. DEFGFI
$- 4'3$"2. C83$&'- .(%%$-). ./"5(1 /"5 &#'$,. <* &"#"-$'# .&$(-%$.%. %/'% $-1$)(-"2.
8'3,(3. 5(3( 3(.0"-.$<#( 8"3 ."$# (3".$"- 5(3( 2.(1 <* &"#"-$'# "88$&$'#. %" Y2.%$8* %/(
$,0".$%$"- "8 ' &"(3&$4( .*.%(, "8 ."$# K&"-.(34'%$"-L $- 5/$&/ 8'3,(3.L #'-1>2.( 03'&%$&(.
5(3( &#".(#* 3()2#'%(1 "3 %/( 8'3,(3. %/(,.(#4(. 5(3( 3(92$3(1 %" ,"4( 83", (.0(&$'##*
K%/3('%(-(1L '3('. D&86 !(#2."@ EFFRS M(2,'--@ EFFUI6 7/(.( &"#"-$'# 1$.&"23.(. "- ."$#
(3".$"- 3(,'$- 0"02#'3 5$%/ ,'-* .&/"#'3. '-1 0"#$&*>,';(3. (4(- %"1'* 5$%/ %/(
3(.2#% %/'% 0""3 8'3,(3. '3( "8%(- .%$## <#',(1 8"3 ."$#>(3".$"- K&3$.(.L $- ,'-* 0'3%. "8
%/( %/$31 5"3#16 N- .(%%$-). '. 1$4(3.( '. `(-*'@ B"#$4$'@ '-1 M(0'#@ 2-&(3%'$- '-1
',<$)2"2. (4$1(-&( $. 2.(1 %" 1(8$-( ."$#>#".. &3$.(. %/'% '3( '%%3$<2%(1@ $- %23-@ #'3)(#*
%" 0('.'-% '&%$4$%$(. D7/",0."- '-1 ['3<23%"-@ EFGUS N4(. '-1 O(..(3#$@ EFGFS 7$88(-
!" #$6@ EFFdS J"&/(#('2 !" #$6@ EFF]S h$,,(3(3@ EFFUS c2%/,'-@ EFFTI6 C. c2%/,'- DEFFTH
d]I -"%(.@ K03"12&%$"- "8 (-4$3"-,(-%'# $-%(34(-%$"-. $. $-%$,'%(#* &"--(&%(1 %" %/(
03"12&%$"- "8 (-4$3"-,(-%'# ;-"5#(1)(@ <"%/ "8 5/$&/ '3( $-%3$-.$&'##* <"2-1 20 5$%/
0"5(3 3(#'%$"-.L D.(( '#." M(2,'--@ EFFTI6
7/$. ."3% "8 3(.('3&/ 03"4$1(. 2.(82# $-.$)/%. $-%" %/( 5'*. $- 5/$&/ (-4$3"-,(-%'#
03"<#(,. '-1 &3$.(. ,'* <( ."&$'##* &"-.%32&%(16 7/( "<Y(&%$4(@ /"5(4(3@ $. 3'3(#* %"
.2))(.% %/'% 03"<#(,. '-1 &3$.(. 1" -"% (+$.% DJ"&/(#('2 !" #$6@ EFF]I6 J'%/(3@ $% $. %" ./"5
/"5 %/($3 .(#(&%$4( $1(-%$8$&'%$"- '-1 3(03(.(-%'%$"- $. ' 0"#$%$&'# 03"&(.. DJ$)) '-1 =%"%%@
EFFGI6 N-1((1@ %/$. 03"&(.. "8 ;-"5#(1)( 03"12&%$"- 3(8#(&%.@ '-1 $- %23- "8%(- 3($-8"3&(.@
."&$'# '-1 (&"-",$& $-(92$%$(. $- ." 8'3 '. ;-"5#(1)( &#'$,. ,'* <( 2.(1 D'. .((- '<"4(
5$%/ 3()'31 %" ."$# &"-.(34'%$"- 03")3',,(.I '. %/( <'.$. "8 ."&$'##* 1$4$.$4( 02<#$&
0"#$&*6 N- %/$. 3()'31@ %/(-@ $% $. 0"..$<#( %" '3)2( %/'% ;-"5#(1)( 03"12&%$"- '-1 ,'%(3$'#
03'&%$&(. '3( &"-Y"$-(1 $- .2&/ ' ,'--(3 '. %" 0(30(%2'%( "3 )(-(3'%( (-4$3"-,(-%'#
03"<#(,. '-1 (4(- K&3$.(.L 8"3 ."&$'##* 1$.'14'-%')(1 )3"20.6 7" .0('; "8 %/(.( 03"<#(,.
'-1 &3$.(. $. %/2. 8"3 0"#$%$&'# (&"#")$.%. %" &"-.$1(3 %/( %/3('%(-(1 #$4(#$/""1.@ #$-;(1 %"
'#%(3(1 ."&$'# '-1 (-4$3"-,(-%'# &"-1$%$"-.@ %/'% 8$)23( &(-%3'##* $- 0"#$%$&'#>(&"#")*
%/$-;$-) DB3*'-% '-1 B'$#(*@ EFFTI6
A"-.$1(3'%$"- "8 %/( 0"#$%$&. "8 ;-"5#(1)( #('1. '#,".% $-(4$%'<#* $-%" 5$1(3 1(<'%(.
'<"2% %/( ."&$"#")* "8 .&$(-&(6 7/(.( <3"'1(3 1(<'%(. /'4( $,0$-)(1 "- 0"#$%$&'# (&"#")*
$- .(4(3'# 5'*.6 7/2.@ $% 5'. -"%(1 ('3#$(3 /"5 8(,$-$.% 0"#$%$&'# (&"#")* (+0#"3(. %/(
)(-1(3(1 <'.$. "8 (-4$3"-,(-%'# ;-"5#(1)(6 C ;(* %/(,( $- %/$. 5"3; $. %" &/'##(-)( %/(
2%$#$%* "8 ' ,'#(>1",$-'%(1 '-1 5(.%(3- $-.%32,(-%'#$.% .&$(-&( DO(3&/'-%@ EFGXI6 N..2(.
'113(..(1 $-&#21( %/( ,'3)$-'# 3"#( "8 5",(- '-1 5",(-L. $-%(3(.%. $- .2&/ .&$(-&(@ $%.
2.( %" "003(.. 5",(- %/3"2)/ %/( 1(4(#"0,(-% 03"&(..@ %/( '##()(1 "<Y(&%$4$%* '-1
2-$4(3.'#$%* "8 5(.%(3- .&$(-&(@ %/( $-'003"03$'%( 2.( "8 )(-1(3(1 ,(%'0/"3. $- .&$(-%$8$&
5"3;@ '-1 %/( 1$.,$..'# "8 '#%(3-'%$4( .&$(-%$8$& 2-1(3.%'-1$-). <'.(1 "- 5",(-L.
(+0(3$(-&( D=/$4'@ EFGFS O$(. '-1 =/$4'@ EFFRS W"(;(. !" #$6@ EFF]S J"&/(#('2 !" #$6@ EFFUI6
C 3(#'%(1 .(% "8 $..2(. &"-&(3-. %/( .%'%2. '-1 0"..$<#( &"-%3$<2%$"-. "8 K$-1$)(-"2.L
D"3 #"&'#I '-1 5(.%(3- .&$(-%$8$& ;-"5#(1)( %" %/( .0(&$8$&'%$"- '-1 '%%(,0%(1 3(."#2%$"-
"8 4'3$"2. (-4$3"-,(-%'# 03"<#(,.6 C -2,<(3 "8 .&/"#'3. /'4( (,0/'.$:(1@ 8"3 $-.%'-&(@
%/( 0"#$%$&. .233"2-1$-) %/( &"-.%32&%$"- "8 3(.('3&/ ')(-1'. $- (-4$3"-,(-%'# .&$(-&(
DB2%%(# !" #$6@ EFFQI6 7/$. ,'* (-&",0'.. %/( 03","%$"- "8 8'4"23(1 3(.('3&/ %"0$&. "4(3
%/".( "8 3$4'# .&$(-%$.%.6 7/2.@ 8"3 (+',0#(@ K<$"1$4(3.$%*L 3(.('3&/ 5'. '&%$4(#* 03","%(1
5,*6#(3 78 9"*,(4 BA

<* %/( #('1$-) C,(3$&'- <$"#")$.% b6_6 [$#."- $- '- '%%(,0% K%" %3* '-1 03"%(&% '
.0(&$8$& '&'1(,$& $-%(3(.% D$- 5/"#( "3)'-$.,.I 83", %/( 3'1$&'# 3(12&%$"-$.% &233(-%. $-
,"#(&2#'3 <$"#")* %/(- %/3('%(-$-) %" 32#( %/( 3"".%L Dc2*(3 '-1 J$&/'31.@ EFFUH ]I6
^$-;(1 %" .2&/ '&'1(,$& 3$4'#3*@ "8 &"23.(@ $. %/( &",0(%$%$"- 8"3 .&'3&( 3(.('3&/
82-1$-)6 O""3( !" #$6 DEFFUI 92(3* $- %/$. 4($- 5/(%/(3 %/( &233(-% <"", $- 3(.('3&/ "-
)#"<'# (-4$3"-,(-%'# &/'-)( 3(8#(&%. #$%%#( ,"3( %/'- %/( '<$#$%* "8 .&$(-%$.%. 5"3;$-) $-
%/$. '3(' %" 0#'* .;$#82##* "- 02<#$& '-1 "88$&$'# 8('3. %" ,'+$,$:( 3(.('3&/ $-&",( '% %/(
(+0(-.( "8 "%/(3 K#(.. 03(..$-)L '3('. "8 $-92$3*6 e'3$"2. .&/"#'3. D(6)6@ C)'35'# '-1
M'3'$-@ EFFES A(-%3( 8"3 =&$(-&( '-1 b-4$3"-,(-%@ EFFXS O2;/(3Y((@ EFFXS ='&/.@ EFFRI@
,('-5/$#(@ 03"<( %/( #$-;. <(%5((- 5(.%(3- K)#"<'#L .&$(-&(@ 8$3.%>5"3#1 (88"3%. %" <#',(
%/( %/$31 5"3#1 8"3 )#"<'# (-4$3"-,(-%'# 03"<#(,.@ '-1 %/( 03","%$"- "8 8$3.%>5"3#1
&"-%3"##(1 K)#"<'#L (-4$3"-,(-%'# ,'-')(,(-% ,(&/'-$.,.6
C 3(&233$-) %/(,( $- 0"#$%$&'# (&"#")* $. %/( 0"%(-%$'# $,0"3%'-&( "8 K$-1$)(-"2.
;-"5#(1)(L %" (-4$3"-,(-%'# ,'-')(,(-% $..2(.6 7/( )(-(3'# '3)2,(-% $. %/'% .2&/
;-"5#(1)( $. 2.2'##* <'.(1 "- $-%$,'%( '-1 03"#"-)(1 $-%(3'&%$"- 5$%/ ' )$4(- .(% "8
<$"0/*.$&'# &"-1$%$"-.@ '-1 %/'%@ '. ' 3(.2#%@ #"&'# 0("0#( $- 0"..(..$"- "8 %/'% ;-"5#(1)(
'3( "8%(- <(.% 0#'&(1 %" 2-1(3.%'-1 '-1 3()2#'%( %/".( &"-1$%$"-. Da"-)@ EFGTS a23.%@
EFFQS B'-23$ '-1 O'3)#$-@ EFFRS A"#&/(.%(36 EFFRI6 [/$#( %/( ,(3$%. "8 $-1$)(-"2. ;-"5#>
(1)( ./"2#1 -"% <( (+'))(3'%(1 D&86 O231"&/ '-1 A#'3;@ EFFdI@ %/(3( $. -"-( %/( #(.. '
.%3"-) .(-.( ',"-) 0"#$%$&'# (&"#")$.%. %/'% $% ,2.% <( %';(- $-%" '&&"2-% $8 (88"3%. %"
3(."#4( ,'-* #"&'#>#(4(# (-4$3"-,(-%'# 03"<#(,. '3( %" <('3 832$% Da(&/% '-1 A"&;<23-@
EFGFS a23.%@ EFFQS A"#&/(.%(3@ EFFdS c'1)$# '-1 c2/'@ EFF]S W(5$%%@ EFF]<S !(#2."@ EFFUI6
7" %/$. (-1@ %/(3( /'. <((- $-&3('.(1 '%%(-%$"- "8 #'%( %" %/( 03",$.$-) $1(' "8 &",<$-$-)
%/( K<(.%L "8 #"&'# '-1 5(.%(3- .&$(-%$8$& ;-"5#(1)( %/3"2)/ K/*<3$1$%*L DC)3'5'#@ EFF]S
?"3.*%/@ EFFUS c2*(3 '-1 J$&/'31.@ EFFUI6 7/(3( '3( -2,(3"2. ,(%/"1"#")$&'# '-1
(0$.%(,"#")$&'# /231#(. %" <( "4(3&",( $- %/( '%%(,0% %" 3(&"-&$#( /$%/(3%" 1$4(3)(-%
1$.&"23.(.@ <2% %/(.( (88"3%. ,'* *(% <('3 832$% $- %/( 8"3, "8 '- $-%()3'%$"- "8 #"&'# '-1
.&$(-%$8$& 2-1(3.%'-1$-) D?"3.*%/@ EFFUS c2*(3 '-1 J$&/'31.@ EFFUS h$,,(3(3@ EFFUS
B'%%(3<23* !" #$6@ EFFTI6

< =6/6%$ *.%$0/."(8

7/$. '3%$&#( /'. .2))(.%(1 %/'% 0"#$%$&'#>(&"#")$&'# 3(.('3&/ /'. ."2)/% 03$,'3$#* %"
2-1(3.%'-1 %/( 0"#$%$&'# 1*-',$&. .233"2-1$-) ,'%(3$'# '-1 1$.&23.$4( .%32))#(. "4(3
%/( (-4$3"-,(-% $- %/( %/$31 5"3#16 N8 ,2&/ 5"3; 3(,'$-. %" <( 1"-( $- %/( %"0$&.
1$.&2..(1 '<"4(@ %/( 3(.('3&/ 8$(#1 '. ' 5/"#( '#." -((1. %" <( 02./(1 $- -(5 1$3(&%$"-.
/$%/(3%" '% %/( ,'3)$- "8 0"#$%$&'# (&"#")*6
7" <()$- 5$%/@ 0"#$%$&'# (&"#")* -((1. %" )" <(*"-1 %/( K#'-1 &(-%3$.,L %/'% /'.
&/'3'&%(3$:(1 ,".% "8 %/( 5"3; 1"-( ." 8'3 2-1(3 $%. -',(6 [/$#( #'-1><'.(1 (-4$3"->
,(-%'# 03"<#(,. "2)/% %" 3(,'$- '- $,0"3%'-% 8"&2. "8 3(.('3&/@ '%%(-%$"- -"-( %/( #(..
'#." -((1. %" <( 1(4"%(1 %" %/( 0"#$%$&. .233"2-1$-) &/'-)(. $- '$3 '-1 5'%(3 92'#$%*6 N% $.
$-1((1 &23$"2. %/'%@ '#%/"2)/ 5'%(3 $. K(..(-%$'# ,'%(3$'# 8"3 ,'$-%'$-$-) <"1$#* '-1
."&$'# #$8(L@ %/( 0"#$%$&'# (&"#")* "8 5'%(3 92'#$%* '-1 '4'$#'<$#$%* $. .%$## "-#* $- $%. $-8'-&*
D=5*-)(1"25@ EFF]H dQXI6 7/( .',( &"2#1 '#." <( .'$1 '<"2% %/( ,'%%(3 "8 &/'-)$-) '$3
92'#$%* .$-&( %/( (+$.%$-) #$%(3'%23( $. #'3)(#* 1(4"$1 "8 0"#$%$&'# '-'#*.$. Da'31"* !" #$6@
EFFXS =(%&/(##@ EFF]I6 P(% 2-(92'# 0"5(3 3(#'%$"-. '3( '. #$;(#* %" <( K$-.&3$<(1L $- %/( '$3
"3 %/( 5'%(3 '. %/(* '3( %" <( K(,<(11(1L $- %/( #'-16
AC !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

7/(3( $. '#." ' )3('% -((1 8"3 %/( 1(4(#"0,(-% "8 5/'% ,$)/% <( %(3,(1 K23<'-
0"#$%$&'# (&"#")*L6 M"%5$%/.%'-1$-) 3'0$1@ $8 2-(92'# 3'%(. "8 23<'-$:'%$"- $- ,'-* 0'3%.
"8 C83$&'@ C.$' '-1 ^'%$- C,(3$&' $- 3(&(-% 1(&'1(.@ 0"#$%$&'# (&"#")$.%. /'4( *(% %"
'113(.. %/$. %"0$& $- ' .*.%(,'%$& 8'./$"-6 ["3; -"%'<#* <* \"2)#'.. DEFFXI '-1
=5*-)(1"25 DEFF]S EFFTI /'. <()2- %" ,'0 %/( 23<'- (-4$3"-,(-%'# $,0#$&'%$"-. "8
2-(92'# 0"5(3 3(#'%$"-.@ <2% ,2&/ ,"3( 3(.('3&/ $. 3(92$3(1 <(8"3( '- '1(92'%(
2-1(3.%'-1$-) $. 1(4(#"0(16
C 823%/(3 '3(' $- -((1 "8 1(%'$#(1 .%21* $. %/'% #$-;$-) %/( "3)'-$:'%$"-'# '%%3$<2%(. "8
4'3$"2. '&%"3. %" %/($3 &'0'&$%* %" '&% $- 0"#$%$&'#>(&"#")$&'# &"-8#$&%.6 B* 8"&2.$-) %/($3
3(.('3&/ #'3)(#* '% %/( #"&'# #(4(#@ 0"#$%$&'# (&"#")$.%. /'4( 0'$1 $-'1(92'%( '%%(-%$"- %" %/(
&",0#(+ 1(4(#"0,(-% %3'$%. '-1 $-%(3(.%. "8 1$88(3(-% %*0(. "8 "3)'-$:'%$"-. (+&(0% $- ."
8'3 '. %/".( %3'$%. '-1 $-%(3(.%. /'4( ,'-$8(.%(1 %/(,.(#4(. '% %/( .0(&$8$& #"&'%$"- 2-1(3
.%21* DB3*'-% '-1 B'$#(*@ EFFTI6 ?23%/(3@ 3(.('3&/ %/'% /'. ."2)/% %" $-&"30"3'%( 92(.%$"-.
"8 "3)'-$:'%$"-'# .%32&%23( /'. <((- 8"&2.(1 #'3)(#* "- %/( 3"#( "8 %/( .%'%( D(6)6@ B2-;(3@
EFG]S a(&/% '-1 A"&;<23-@ EFGFS !(#2."@ EFFXS J'-)'-@ EFFTI6 e(3* #$%%#( &",0'3'<#(
5"3; /'. <((- 2-1(3%';(- $- %/( 8$(#1 "- -"-.%'%( '&%"3. .2&/ '. <2.$-(..(.@ ,2#%$#'%(3'#
$-.%$%2%$"-.@ -"-)"4(3-,(-%'# "3)'-$:'%$"-. "3 #"&'#>#(4(# 0("0#(L. "3)'-$:'%$"-.6
?$-'##*@ '-"%/(3 '3(' $- -((1 "8 3(.('3&/ 3(#'%(. %" %/( /2,'- <"1* $%.(#86 N- ' %/"2)/%>
03"4";$-) '3%$&#(@ O'*(3 DEFFUH ddEI /'. 3(&(-%#* -"%(1 %/'% K.(#1", /'. %/( 0"#$%$&'#
(&"#")$& 83',(5"3; <((- 2.(1 %" 2-1(3.%'-1 0'%%(3-. "8 /('#%/ '-1 1$.('.(L6 a( '3)2(.
8"3 ' &",$-) %")(%/(3 "8 3(.('3&/ $- 0"#$%$&'# (&"#")* '-1 ,(1$&'# )(")3'0/* ." '. %"
"<%'$- ' <(%%(3 0$&%23( "8 /"5 2-(92'# 0"5(3 3(#'%$"-. ,'* <( 3(8#(&%(1 $- 0'%%(3-. "8
/2,'- /('#%/@ 1$.('.( '-1 ,"3%'#$%* DO'*(3@ EFFUI6
!"#$%$&'# (&"#")* %/2. #"";. .(% %" ,"4( $- (+&$%$-) -(5 1$3(&%$"-. '% %/( .',( %$,( '.
$% 1((0(-. $%. 2-1(3.%'-1$-) "8 %/( ,'%(3$'# '-1 1$.&23.$4( 03'&%$&(. %/'% /'4( #"-) <((-
$%. .%"&; $- %3'1(@ '-1 5/$&/ '3( &(-%3'# %" '-* '1(92'%( 2-1(3.%'-1$-) "8 /2,'-Z
(-4$3"-,(-%'# $-%(3'&%$"-6 C. .&/"#'3. <(%%(3 '003(&$'%( %/( 03"0(3%$(. '-1 1*-',$&. "8
%/( 0"#$%$&$:(1 (-4$3"-,(-%@ %/(* ,'* '#." <( 5(## 0#'&(1 %" .2))(.% -(5 5'*. $- 5/$&/
%" &/'-)( %/'% (-4$3"-,(-% $- ;((0$-) 5$%/ )"'#. "8 ."&$'# Y2.%$&( '-1 (92$%*6 N-1((1@
0(3/'0. "-( 1'*@ (4(- %/( K4$"#(-% #'-1.L 5$## <(&",( 0('&(82#6

?L_&%W:.'2.$.&,
N 5$./ %" %/'-; !3"8(.."3 !/$#$0 =%"%% 8"3 /$. &"-.%32&%$4( &",,(-%. "- '- ('3#$(3 4(3.$"-
"8 %/$. '3%$&#(6

>$?$%$(0$8
!.&6#7 89:9 EFFQH ;/!!& *!,!$)(3!&"< !&,'/)&3!&" !1&%,&57 >9 EFFXH 7/( )(-1(3 '-1 (-4$3"-,(-%
#&* 595"#'&#='$'"4 '& ">! ">'/* -)/$*? ^"-1"-H 1(<'%(H #(.."-. 83", N-1$'6 C!3'&'5" 8"9*'!5 EG@
J"2%#(1)(6 EEFZ]T6
!.&#7 :9 EFGEH ?3", '4"$1'-&( %" &"-83"-%'%$"-H ii EFFTH b-4$3"-,(-%'# '&%$"-@ )(-1(3 (92$%*
0('.'-% 03"%(.% $- 03(&"#"-$'# '-1 &"#"-$'# ."2%/ '-1 5",(-L. 0'3%$&$0'%$"-6 D!,!$)(3!&" #&*
('.% C.$'6 @)3(#/#"',! 8"9*'!5 '& 8)0'!"4 #&* @>#&:! XG@ EZdR6
A'5")/4 XR@ XETZdT6 !1%&,&57 !9 EFF]H \$.,'-%#$-) %/( 1$4$1( <(%5((-
!1&%,&57 !9 '-1 ;&%&0<7 =9 EFFEH ;$)=#$ -#/3'&: $-1$)(-"2. '-1 .&$(-%$8$& ;-"5#(1)(6 D!,!$)(6
'& #& 9&!B9#$ -)/$*< # 0#5! ). !&,'/)&3!&"#$ 3!&" #&* @>#&:! XU@ dERZRF6
0)$)&'#$'53? M(5 \(#/$H A(-%3( 8"3 =&$(-&( '-1 !6&.-7 ?9 EFGF jEFdRkH E>! ,')$!&" $#&* D%3'-.
b-4$3"-,(-%6 =6 !2%-',I6 ^"-1"-H A"##$-. a'34$##6
5,*6#(3 78 9"*,(4 A@

!<.*%#-<7 @9:9 EFGdH \(03(..$"-@ 12.%<"5#@ ii EFFT<H E>! ()$'"'0#$ !0)$):4 ). .)/!5"/4 '& Q9/3#I
1(,")3'0/* '-1 13"2)/%H %/( &"#"-$'# .%'%( RSTUVRWWU? ^"-1"-H A6 a23.% '-1 a"-"#2#2@ aNH
'-1 ."$# &"-.(34'%$"- $- ('.% C83$&' 123$-) %/( V-$4(3.$%* "8 a'5'$$ !3(..6
EFRQ.6 %./'0#& %..#'/5 GR@ RXEZdR6 >%+&<$7 J9K9 '-1 >&05*+7 =9 EFFTH E>'/* -)/$*
()$'"'0#$ !0)$):4? ^"-1"-H J"2%#(1)(6
>%+&<$7 J9K97 J0117 ?9 '-1 =$-$$7 E9@ (1$%"3.@ EFFRH
>&<2%07 49 '-1 :&%150<7 /9!9@ (1$%"3.@ EFFRH F>) 7/( 0"#$%$&'# (&"#")* "8 ."2%/('.% C.$'- 8"3(.%.H
-'$$ 5#,! ">! .)/!5"5G H&)-$!*:!I ()-!/ #&* !&,'/)&6 %3'-.1$.&$0#$-'3* 1$.&"23.(.6 ;$)=#$ 20)$):4 #&*
3!&"#$ *!5"/90"')&? ^"-1"-H h(1 B"";.6 Q'):!):/#(>4 M!""!/5 D.0(&$'# $..2(I R@ EQEZXFU6
>&##*$$7 49?9 EFGGH 7/( 0"#$%$&'# (&"#")* "8 0('.'-%> >2'A&<&<7 )9 EFTRH 7/( 5/$%( -"3%/ '-1 %/(
/(31(3 &"-8#$&%. $- %/( -"3%/(3- N4"3* A"'.%6 0"02#'%$"- (+0#".$"-6 %&"'()*! R@ TZE]6
%&&#$5 ). ">! %55)0'#"')& ). %3!/'0#& ;!):/#(>!/5 >2557 @9 EFGXH % :/)-'&: (/)=$!3< (!5"'0'*!5 #&* ">!
TG@ d]RZTX6 ">'/*6-)/$* ())/? _+8"31H _+8',6
>&$$*%"2%+7 =97 /-%#+$A7 49 '-1 4A-6#-<7 )9 >2<B*%7 =9L9 EFG]H X&*!/*!,!$)('&: ">! %3#N)&<
EFFTH b-4$3"-,(-%'# %3'-.8"3,'%$"-. $- !Y"/#0"')&I 9&!B9#$ !Y0>#&:!I #&* ">! .#'$9/! ).
1(4(#"0$-) &"2-%3$(.H /*<3$1 3(.('3&/ '-1 ">! 3)*!/& 5"#"!? V3<'-'@ N^H V-$4(3.$%* "8
1(,"&3'%$& 0"#$&*6 ;!):/#(>'0#$ J)9/&#$ EUR@ N##$-"$. !3(..6
EXUZRX6 >2$$*57 /97 D&,B0<#7 !9 '-1 E-,*%7 L9 EFFQH ?3",
>*'B7 C9 EFFXH +'5K 5)0'!"4< ")-#/*5 # &!- 3)*!/&'"46 #$,$%. %" )3"5%/ %" )#"<'# &/'-)(H &"-%3'.%. '-1
^"-1"-H =')(6 &"-%3'1$&%$"-. $- %/( (4"#2%$"- "8 (-4$3"-,(-%'#
>*0<&%$7 89 EFGdH ="$# (3".$"-@ &"-.(34'%$"-$., '-1 .&$(-&( '-1 $1("#")*6 ;$)=#$ 2&,'/)&3!&"#$ @>#&:!
$1('. '<"2% 1(4(#"0,(-%H ' ."2%/(3- C83$&'- E@ ]TZUU6
(+0#"3'%$"-6 J)9/&#$ ). 8)9">!/& %./'0#& 8"9*'!5 EE@
]XZGR6 G&5.,*557 :9 EFTTH E>! -!#$"> ). 5)3! &#"')&5?
>*<<*$$7 ?989 EFTUH E>! !0)$):'0#$ "/#&5'"')&< 09$"9/#$ ^"-1"-H h(1 !3(..6
#&">/)()$):4 #&* >93#& #*#("#"')&? _+8"31H G&%<*+7 ?9!9 EFFUH A"-4(3%$-) %/( 5(%#'-1.@
!(3)',"- !3(..6 (-)(-1(3$-) %/( (-4$3"-,(-%H %/( $-%(3.(&%$"-
>*<$-<7 49 EFGFH O'3+$., '-1 -'%23'# #$,$%.6 L!- "8 )(-1(3 5$%/ ')3'3$'- &/'-)( $- c',<$'6 N-
M!." +!,'!- ETG@ ]EZGU6 !((%@ J6 '-1 ['%%.@ O6@ (1$%"3.@ M'=!/#"')&
>*%%+7 =9 EFGFH ="&$'# $-.%$%2%$"-. '-1 '&&(.. %" !0)$):'!5< !&,'/)&3!&"I *!,!$)(3!&"I 5)0'#$ 3),!6
3(."23&(.6 %./'0# ]F@ dEZ]]6 3!&"5@ ^"-1"-H J"2%#(1)(@ EU]ZGT6
>A&"A&7 D9)9 EFFdH E>! $)0#"')& ). 09$"9/!? ^"-1"-H G&#$%**7 ;9 EFF]H 7/( -'%23( "8 03"12&(1 -'%23(H
J"2%#(1)(6 ,'%(3$'#$%* '-1 ;-"5#(1)( &"-.%32&%$"- $-
>5&0B0*7 E9 EFG]H E>! ()$'"'0#$ !0)&)34 ). 5)'$ !/)5')& O'3+$.,6 %&"'()*! XT@ EXZdG6
'& *!,!$)('&: 0)9&"/'!5? ^"-1"-H ^"-),'-6 G*<$%* F-% ='0*<'* &<. M<H0%-<6*<$ EFFXH =%'%(>
ii EFGFH b-4$3"-,(-% '-1 '&&(.. %" 3(."23&(. $- ,(-% "- )#"<'# (-4$3"-,(-%'# 1(,"&3'&*6
C83$&'6 %./'0# ]F@ EGZdQ6 %$"!/&#"',!5 ET@ XUEZTF6
ii EFF]H V-1(3.%'-1$-) (-4$3"-,(-%'# $..2(.6 N- G50FF*7 K9 '-1 :--%#-67 J9 EFTFH J23'# &#'..
O"3.(@ =6 '-1 =%"&;$-)@ O6@ (1$%"3.@ 1!)($! #&* 8"3,'%$"- '-1 (&"#")$&'# &"##'0.( $- B"%.5'-'6
!&,'/)&3!&"@ ^"-1"-H VA^ !3(..@ EZRQ6 +!,'!- ). %./'0#& 1)$'"'0#$ 20)&)34 E]fEU@ R]Z]X6
>5&0B0*7 E9 '-1 >%--BF0*5.7 D9 EFGTH M#&* *!:/#*#6 G-5'A*#$*%7 :9 EFFRH !$3'%(.@ .92'%%(3. '-1
"')& #&* 5)0'!"4? ^"-1"-H O(%/2(-6 0"'&/(3.H %/( 0"#$%$&'# (&"#")* "8 1$.0"..(..$"-
>5&0B0*7 E97 G&<<-<7 497 @&H0#7 I9 '-1 80#<*%7 >9 "8 %/( -'%$4( 0("0#(. "8 ='3'5';6 ;$)=#$ 20)$):4
EFFdH %" /'5K< &#"9/#$ >#N#/*5I (!)($!O5 ,9$&!/#='$'"4I #&* Q'):!):/#(>4 M!""!/5 R@ E]GZTF6
#&* *'5#5"!/5? ^"-1"-H J"2%#(1)(6 ii EFFdH =2.%'$-$-) %/( 8"3(.%.H %/( &",,2-$%*>
>%+&<$7 J9K9 EFFXH !"#$%$&'# (&"#")*H '- (,(3)$-) <'.(1 '003"'&/ $- ."2%/ '-1 ."2%/>('.% C.$'6
3(.('3&/ ')(-1' $- %/$31 5"3#1 .%21$(.6 1)$'"'0#$ D!,!$)(3!&" #&* @>#&:! X]@ UFZEQQ6
;!):/#(>4 EE@ EXZRU6 G-%"%0.1*7 =9 EFGUH @#('"#$'5" -)/$* *!,!$)(3!&"< #
ii EFFdH =/$8%$-) %/( &2#%$4'%"3H %/( 0"#$%$&. "8 %('; 0/'"'B9! ). /#*'0#$ *!,!$)(3!&" :!):/#(>4? ^"-1"-H
3()(-(3'%$"- $- &"#"-$'# B23,'6 P)*!/& %5'#& O'&,$##'-6
8"9*'!5 XG@ XX]Z]Q6
ii EFFUH J",'-&$-) &"#"-$'# 8"3(.%3*H %/( 1$.> @&%.*<7 ?9 EFT]H !"02#'%$"- &"-%3"# "3 ' 3(1$.%3$<2>
&"23.( "8 K8"3(.%3* '. 03")3(..L $- B3$%$./ B23,'6 %$"- "8 5('#%/l %&"'()*! T@ ]QZ]X6
;!):/#(>'0#$ J)9/&#$ EUX@ EUFZTG6 @-215&##7 :9 EFFXH 7/( 0"#$%$&'# (&"-",* "8 23<'-
ii EFFT'H B(*"-1 %/( $,0'..(H %/( 0"5(3 "8 0"4(3%* '-1 (-4$3"-,(-%'# ,'-')(,(-% $- C.$'H
0"#$%$&'# (&"#")* $- %/$31 5"3#1 (-4$3"-,(-%'# '&&(..@ (,0"5(3,(-% '-1 &",,2-$%* <'.(1
3(.('3&/6 %/!# XF@ EZE]6 '#%(3-'%$4(.6 2&,'/)&3!&" #&* X/=#&'5#"')& d@ FZRX6
A= !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

M'-5-10#$ EFFRH F>)5! 0)33)& .9"9/!G +!0$#'3'&: ">! L2+*%7 ?9I7 '-1 J0'A&%.#7 E9 EFFUH 7/( $-4(-%$"- "8
0)33)&5? ^"-1"-H b'3%/.&'-6 <$"1$4(3.$%*H ."&$'# 0(3.0(&%$4(. "- %/( ,'-')(>
M55*<7 J9/9 EFGXH 2&,'/)&3!&"I 59=5'5"!&0! #&* 545"!3< ,(-% "8 <$"#")$&'# 4'3$(%* $- C83$&'6 %./'0# UU@
">! !0)$):4 ). 53#$$650#$! 5)0'#$ .)/3#"')&5? EZER6
A',<3$1)(H A',<3$1)( V-$4(3.$%* !3(..6
M#'-"&%7 !9 EFF]H 2&0)9&"!/'&: *!,!$)(3!&"< ">! D&557 !9K9 EFGFH D!,!$)('&: %3#N)&'#< *!.)/!5"#"')&
3#K'&: #&* 9&3#K'&: ). ">! ">'/* -)/$*? !3$-&(%"-@ #&* 5)0'#$ 0)&.$'0" '& Q/#N'$O5 @#/#[#5 (/):/#33!?
MWH !3$-&(%"- V-$4(3.$%* !3(..6 O'-&/(.%(3H O'-&/(.%(3 V-$4(3.$%* !3(..6
ii EFFUH A"-.%32&%$-) -'%23(H (#(,(-%. 8"3 ' 0".%> D&%.*#$+7 @9K9 EFTTH 20)$):'0#$ #&">/)()$):4? M(5
.%32&%23'# 0"#$%$&'# (&"#")*6 N- !((%@ J6 '-1 ['%%.@ P"3;H [$#(*6
O6@ (1$%"3.@ M'=!/#"')& !0)$):'!5< !&,'/)&3!&"I *!,!$6 D&%.-+7 ?9M97 :0$50<7 @9 '-1 =&$$*%$A,&0$*7 @9
)(3!&"I 5)0'#$ 3),!3!&"5@ ^"-1"-H J"2%#(1)(@ EFFXH 2&,'/)&3!&"#$ (/)=$!35 '& ">'/* -)/$* 0'"'!5?
dUZUG6 ^"-1"-H b'3%/.&'-6
D&%H*+7 @9 EFFRH 7/( -'%23( "8 (-4$3"-,(-%H %/(
/&0%A*&.7 ?9 '-1 K*&'A7 :9 EFF]H ?'#.( 8"3(.% 1$'#(&%$&. "8 ."&$'# '-1 (-4$3"-,(-%'# &/'-)(6 N-
/$.%"3*@ &",0#$&$% ."&$'# '-'#*.$.H 3(%/$-;$-) O$#$<'-1@ J6 '-1 !'-$%&/@ ^6@ (1$%"3.@ +!#$ (/)6
.",( 5(.% C83$&'- (-4$3"-,(-%'# -'33'%$4(.6 =$!35I .#$5! 5)$9"')&5@ ^"-1"-H O(3#$- !3(..@ EZ]E6
F)/$* D!,!$)(3!&" XR@ EQXRZR]6 ii EFFUH J95"'0!I &#"9/! #&* ">! :!):/#(>4 ).
/-%#+$A7 49 EFFUH =&$(-&(@ ,*%/@ '-1 ;-"5#(1)(H *'..!/!&0!? _+8"31H B#'&;5(##6
%(.%$-) a$,'#'*'- (-4$3"-,(-%'# 1()3'1'%$"- $- D*'A$7 =9>9 EFG]H b-4$3"-,(-%@ 1(4(#"0,(-% '-1
7/'$#'-16 ;!).)/93 XT@ RT]ZFX6 0"#$%$&.H &'0$%'# '&&2,2#'%$"- '-1 %/( #$4(.%"&;
/-%$6&<<7 K9 EFF]H 7'#;$-) &#'$,.H 1$.&23.$4( .(&%"3 $- ('.%(3- C,':"-$'6 F)/$* D!,!$)(3!&"
.%3'%()$(. $- &"-%(.%$-) 03"0(3%*6 F)/$* D!,!$)(6 ER@ UURZGd6
3!&" XR@ EQ]RZUR6 D*'A$7 =9>9 '-1 G-'B"2%<7 !9 EFGFH E>! .#"! ). ">!
/%&<B7 !9L9 EFUTH @#('"#$'53 #&* 9&*!/*!,!$)(3!&" '& .)/!5"5< *!,!$)(!/5I *!5"/)4!/5 #&* *!.!&*!/5 ). ">!
M#"'& %3!/'0#? M(5 P"3;H O"-%/#* J(4$(5 !3(..6 %3#N)&? ^"-1"-H e(3."6
/%0*.6&<<7 ?9 '-1 J&<1&<7 D9@ (1$%"3.@ EFFRH Z& D*.52<.7 D9 EFTFH A"-%3'1$&%$"-. $- %/( 0(3$0/(3>
*!.!&5! ). $',!$'>))*< 0)3(#/#"',! 5"9*'!5 '& !&,'/)&6 '#$:'%$"- "8 ' 0'.%"3'# ."&$(%*H %/( O''.'$6 +!,'!-
3!&"#$ #0"')&? [(.% a'3%8"31@ A7H `2,'3$'- !3(..6 ). %./'0#& 1)$'"'0#$ 20)&)34 E]fEU@ ]RZUX6
D*$$<*7 >9 EFF]H D!,!$)(3!&" ">!)/4 #&* ">! ">/!!
L&.1057 :9 '-1 L2A&7 J9 EFFXH E>'5 .'559/!* $#&*< #& -)/$*5 DX-1 (1-I6 ^"-1"-H ^"-),'-6
!0)$):'0#$ >'5")/4 ). Z&*'#? ^"-1"-H J"2%#(1)(6 DO-%$7 !9 EFGXH C &3$%$92( "8 K(&"#")$&'#L ,"1(#. "8
ii EFF]H 20)$):4 #&* !B9'"4< ">! 95! #&* #=95! ). 0'.%"3'# #'-1>2.(6 L)3#*'0 1!)($!5 EQ@ EEZXT6
&#"9/! '& 0)&"!3()/#/4 Z&*'#? ^"-1"-H J"2%#(1)(6 D-<17 M9 EFGTH L#"',!5 ). 8#/#-#K< 59/,',#$ '& Q)/&!)O5
L&<.+7 :9 EFFUH A32,<#$-) #'-1H %/( 0".%> ,#&'5>'&: .)/!5"5? !(-'-)H N-.%$%2% O'.*'3';'%6
,"1(3-$%* 1(<'%( '-1 %/( '-'#*.$. "8 (-4$3"-> D-,0$$7 J9@ (1$%"3@ EFFUH +!5)9/0!5I &#"')&5 #&*
,(-%'# 03"<#(,.6 1/):/!55 '& A93#& ;!):/#(>4 '&*':!&)95 (!)($!5< 0#5! 5"9*'!5 ./)3 %95"/#$#5'#I
XQ@ XRZdQ6 P!$#&!5'# #&* 5)9">!#5" %5'#? O(#<"23-(H _+8"31
LA&07 @9 '-1 N0H0&<7 ?9:9@ (1$%"3.@ EFFXH ;/#55/))"5 V-$4(3.$%* !3(..6
!&,'/)&3!&"#$ #0"')&< (!)($!O5 (#/"'0'(#"')& '& D2%#$7 E9 EFFQH +#'&.)/!5" ()$'"'05< !0)$):'0#$ *!5"/906
595"#'&#=$! *!,!$)(3!&"? ^"-1"-H J"2%#(1)(6 "')& '& 5)9">6!#5" %5'#? ^"-1"-H h(1 B"";.6
L%-##6&<7 K9=9 EFGdH 1!#5#&"5I 59=5'5"!&0! !0)$):4
#&* *!,!$)(3!&" '& ">! A':>$#&*5 ). 1#(9# L!- IH*#7 ?9@9 '-1 :*##*%507 >9 EFGFH E>! A'3#$#4#&
;9'&!#? !3$-&(%"-@ MWH !3$-&(%"- V-$4(3.$%* !3(..6 *'$!33#< /!0)&0'$'&: *!,!$)(3!&" #&* 0)&5!/,#"')&?
L%2<.*6&<<7 J9 EFFEH P#/Y'53 #&* !0)$):4? ^"-1"-H J"2%#(1)(6
_+8"31H _+8"31 V-$4(3.$%* !3(..6
L2A&7 J9 EFGFH E>! 9&B9'!" -))*5< !0)$):'0#$ 0>#&:! ?&'B#-<7 G9 EFFRH b-4$3"-,(-%'#$.,. '-1 )(-1(3
#&* (!#5#&" /!5'5"#&0! '& ">! A'3#$#4#? \(#/$H $-%(3(.%. $- %/( %/$31 5"3#16 D!,!$)(3!&" #&*
_+8"31 V-$4(3.$%* !3(..6 @>#&:! Xd@ UdFZTT6
L2$A6&<7 ?9 EFFTH J(03(.(-%$-) &3$.$.H %/( %/("3* "8 ?&%-#P7 K9 EFFUH \(8$-$-) 1(8"3(.%'%$"- $-
a$,'#'*'- (-4$3"-,(-%'# 1()3'1'%$"- '-1 %/( O'1')'.&'36 N- !((%@ J6 '-1 ['%%.@ O6@ (1$%"3.@
03"Y(&% "8 1(4(#"0,(-% $- 0".%>J'-' M(0'#6 M'=!/#"')& !0)$):'!5< !&,'/)&3!&"I *!,!$)(3!&"I 5)0'#$
D!,!$)(3!&" #&* @>#&:! XG@ d]ZUF6 3),!3!&"5@ ^"-1"-H J"2%#(1)(@ EdGZUd6
L2+*%7 ?9K9 '-1 E*$*%#7 E9M9@ (1$%"3.@ EFGTH A"-> ?*,0$$7 =9 EFF]'H b23"0(L. K_%/(3.Ll ?"3(.%3* 0"#$&*
&(0%2'#$:$-) %/( /"2.(/"#1H $..2(. "8 %/("3* '-1 '-1 03'&%$&(. $- &"#"-$'# '-1 0".%&"#"-$'# N-1$'6
0"#$&* $- C83$&'6 D!,!$)(3!&" #&* @>#&:! D.0(&$'# 2&,'/)&3!&" #&* 1$#&&'&: D< 8)0'!"4 #&* 8(#0! ER@
$..2(I EG DXI6 UTZFQ6
5,*6#(3 78 9"*,(4 AD

ii EFF]<H e"#2-%'3* '-1 K"88$&$'#L 8"3(.% 03"%(&> 2&,'/)&3!&" #&* 1$#&&'&: D< 8)0'!"4 #&* 8(#0! Ed@
%$"- &",,$%%((. $- B$/'3H ."#2%$"-. %" N-1$'L. TFZFG6
1(8"3(.%'%$"-l J)9/&#$ ). Q'):!):/#(>4 XX@ EQQRZXE6 ii EFFTH !3$,$%$4( $1('.H 03"%(&%(1 '3(' <288(3
?-*B*#7 =97 K*&'A7 :9 '-1 L%**<7 G9@ (1$%"3.@ EFF]H :"-(. '-1 %/( 0"#$%$&. "8 #'-1 $- C83$&'6 D!,!$)(6
c(-1(3 3(#'%$"-. '-1 (-4$3"-,(-%'# &/'-)(6 ZD8 3!&" #&* @>#&:! XG@ ]]FZGX6
Q9$$!"'& D.0(&$'# $..2(I XU@ EZF]6 ;*26&<<7 J9E9 '-1 ='A%-*.*%7 J9!9@ (1$%"3.@ EFF]H
O'-$8(.% (&"#")$&'# 1(.%$-$(.6 %&"'()*! D.0(&$'#
K0$$5*7 E9@9 '-1 D-%-,0$P7 :9:9@ (1$%"3.@ EFGTH $..2(I XT@ RXEZdXG6
M#&*5 #" /'5K '& ">! ">'/* -)/$*< $)0#$6$!,!$ (!/5(!0"6
',!5? B"2#1(3@ A_H [(.%4$(5 !3(..6 RS>%0*<7 ?9 EFG]H ="5$-) %/( .((1. "8 8',$-(H %/(
K-,*7 E9 '-1 8-%"-+#7 :9 EFTGH b&"#")* '-1 %/( 0"#$%$&'# (&"-",* "8 8""1 1(8$&$%. $- =21'-6
(-1 "8 $1("#")*6 %&"'()*! EQ@ EXZXE6 +!,'!- ). %./'0#& 1)$'"'0#$ 20)&)34 RR@ XRZRX6
RSG-<<*%7 ?9 EFGGH A'0$%'#$.,@ -'%23(@ ."&$'#$.,H '
:&<<7 :9 EFGUH E>! 5)9/0!5 ). 5)0'#$ ()-!/? Z? % %/("3(%$&'# $-%3"12&%$"-6 @#('"#$'53I L#"9/!I 8)0'#$6
>'5")/4 ). ()-!/ ./)3 ">! =!:'&&'&: ") %D R\]^? '53 E@ EEZRG6
A',<3$1)(H A',<3$1)( V-$4(3.$%* !3(..6 RS)**F*7 E9 EFT]H %./'0#& */)9:>"< # /!,'!-? D'5#5"!/
:&+*%7 ?9@9 EFFUH 7/( 0"#$%$&'# (&"#")* "8 1$.('.( '. +!5!#/0> X&'" _00#5')&#$ 1#(!/ G6 B3'18"31H V-$4(3>
"-( -(5 8"&2. 8"3 ,(1$&'# )(")3'0/*6 1/):/!55 '& .$%* "8 B3'18"316
A93#& ;!):/#(>4 XQ@ ddEZ]U6 R%5-H*7 >9=9 EFGQH b&"#")$&'# '-%/3"0"#")*6 %&&9#$
:*%'A&<$7 G9 EFGXH E>! *!#"> ). &#"9/!< -)3!&I +!,'!- ). %&">/)()$):4 F@ XR]ZTR6
!0)$):4 #&* ">! 50'!&"'.'0 /!,)$9"')&? ^"-1"-H [$#1>
5""16 E**$7 J9 EFFEH ;$)=#$ 0#('"#$'53< ">!)/'!5 ). 5)0'!"#$
:*+*%Q!"0'A7 )9:9 EFFRH [$--(3. '-1 #".(3. $- *!,!$)(3!&"? ^"-1"-H J"2%#(1)(6
&#$,'%( &/'-)(6 N- ='&/.@ [6@ (1$%"3@ ;$)=#$ E**$7 J9 '-1 8&$$#7 :9 EFFU'H ^$<(3'%$"- (&"#")*H
!0)$):4< # &!- #/!&# ). ()$'"'0#$ 0)&.$'0"@ ^"-1"-H 1(4(#"0,(-%@ .2.%'$-'<$#$%*@ '-1 (-4$3"-,(-% $-
h(1 B"";.@ UGZGT6 '- ')( "8 ,'3;(% %3$2,0/'#$.,6 N- !((%@ J6 '-1
:0..5*$-<7 ;97 RS)**F*7 E9 '-1 :&+-7 =9 EFFRH E>! ['%%.@ O6@ (1$%"3.@ M'=!/#"')& !0)$):'!5< !&,'/)&3!&"I
"!#/5 ). ">! 0/)0)*'$!< ./)3 +') ") /!#$'"4 '& ">! *!,!$)(3!&"I 5)0'#$ 3),!3!&"5@ ^"-1"-H J"2%#(1)(@
*!,!$)('&: -)/$*? ^"-1"-H !#2%" !3(..6 EZd]6
:0*#7 :9 '-1 =A0H&7 N9 EFFRH 20).!3'&'53? ^"-1"-H ii (1$%"3.@ EFFU<H M'=!/#"')& !0)$):'!5< !&,'/)&3!&"I
h(1 B"";.6 *!,!$)(3!&"I 5)0'#$ 3),!3!&"5? ^"-1"-H J"2%#(1)(6
:0550<1$-<7 !9 EFGTH b-4$3"-,(-%'# 1()3'1'%$"-@ E*52#-7 ;9K9 EFFXH +'0> .)/!5"5I ())/ (!)($!< /!5)9/0!
."$# &"-.(34'%$"- '-1 ')3$&2#%23'# 0"#$&$(. $- 0)&"/)$I #&* /!5'5"#&0! '& J#,#? B(3;(#(*@ ACH
=$(33' ^("-(6 N- C-1(3."-@ \6 '-1 c3"4(@ J6@ V-$4(3.$%* "8 A'#$8"3-$' !3(..6
(1$%"3.@ @)&5!/,#"')& '& %./'0#< (!)($!I ()$'0'!5 #&* ii EFFRH A"(3&$-) &"-.(34'%$"-l 7/( 0"#$%$&. "8
(/#0"'0!@ A',<3$1)(H A',<3$1)( V-$4(3.$%* !3(..@ .%'%( 3(."23&( &"-%3"#6 ;$)=#$ 2&,'/)&3!&"#$ @>#&:!
XXFZdG6 R@ EFFZXET6
:--%*7 @9=9 EFFUH O'3+$.,@ &2#%23( '-1 0"#$%$&'# ii EFFUH ?32$% %3((. '-1 8',$#* %3((. $- '-
(&"#")*H (-4$3"-,(-%'# .%32))#(. $- h$,<'<5(L. '-%/3"0")(-$& 8"3(.%H (%/$&. "8 '&&(..@ 03"0(3%*
b'.%(3- a$)/#'-1.6 N- !((%@ J6 '-1 ['%%.@ O6@ :"-(.@ '-1 (-4$3"-,(-%'# &/'-)( $- N-1"-(.$'6
(1$%"3.@ M'=!/#"')& !0)$):'!5< !&,'/)&3!&"I *!,!$)(6 @)3(#/#"',! 8"9*'!5 '& 8)0'!"4 #&* A'5")/4 RG@
3!&"I 5)0'#$ 3),!3!&"5@ ^"-1"-H J"2%#(1)(@ ]EQZdG6
EX]ZdT6 E*$*%#7 E9M9 EFFdH D','*'&: ">! 0)33)&5< ()$'"'05I
:--%*7 E9@97 GA&5-<*%7 >9 '-1 =$-$$7 E9 EFFUH ;$)=#$ ()$'04 #&* 09$"9/! '& Q)"5-#&#? A/'3#"%%(.4$##(@ eCH
!&,'/)&3!&"#$ 0>#&:!? _+8"31H B#'&;5(##6 V-$4(3.$%* !3(.. "8 e$3)$-$'6
:2BA*%O**7 ;9 EFFXH c3((-/"2.( )'. (,$..$"-.
'-1 %/( '##"&'%$"- "8 3(.0"-.$<$#$%*6 2&,'/)&3!&" J&<1&<7 D9 EFFTH !3"0(3%* 4.6 &"-%3"#H %/( .%'%( '-1
#&* X/=#&'N#"')& d@ GFZFG6 8"3(.% ,'-')(,(-% $- %/( N-1$'- a$,'#'*'6
:2%.-'A7 ?9 '-1 G5&%B7 ?9 EFFdH =2.%'$-'<#( ;-"5#> D!,!$)(3!&" #&* @>#&:! XG@ TEZFd6
(1)(6 ;!).)/93 X]@ EE]ZRX6 J*.'50F$7 :9 EFGdH D!,!$)(3!&" #&* ">! !&,'/)&3!&"#$
0/'5'5< /!* )/ :/!!& #$"!/&#"',!5G ^"-1"-H O(%/2(-6
;*26&<<7 J9E9 EFFXH !"#$%$&'# (&"#")* "8 5$#1#$8( ii EFGTH 895"#'&#=$! *!,!$)(3!&"< !Y($)/'&: ">!
&"-.(34'%$"- $- %/( O% O(32 '3(' "8 -"3%/('.% 0)&"/#*'0"')&5? ^"-1"-H O(%/2(-6
7'-:'-$'6 M#&* D!:/#*#"')& #&* +!>#='$'"#"')& R@ ii EFFUH F#5"!*< 0)9&"'&: ">! 0)5"5 ). :$)=#$ 0)&6
G]ZFG6 593("')&? ^"-1"-H b'3%/.&'-6
ii EFFUH \2;(.@ ('3#. '-1 (3.'%: b1(-.H '3$.%"> J0117 ?9 '-1 =$-$$7 E9 EFFGH ?"3(.% %'#(.H 0"#$%$&.@
&3'%$& -'%23( 03(.(34'%$"-$.%. $- &"#"-$'# C83$&'6 (-4$3"-,(-%'# 0"#$&$(. '-1 %/($3 $,0#(,(-%'%$"-
AK !#0%"1 2(#0-%3$% ,(3 /#-'4'+,- %+#-#$* '( 4)% 4)'"3 0#"-3

$- 7/'$#'-16 N- \(.'$@ V6@ (1$%"3@ @)3(#/#"',! ">! ,'!-()'&" ). >93#& !0)$):4@ ^"-1"-H C##(- m
!&,'/)&3!&"#$ ()$'04 #&* ()$'"'05@ M(5 P"3;H =%'%( V-5$-@ XURZGR6
V-$4(3.$%* "8 M(5 P"3; !3(..6 =,+<1*.-2,7 M9!9 EFF]H 7/( &"-%3'1$&%$"-. "8
J-'A*5*&27 @9M97 =$*0<"*%17 E9M9 '-1 >*<O&60<7 23<'- 5'%(3 03"4$.$"-H ' .%21* "8 c2'*'92$#@
E9!9 EFF]H b-4$3"-,(-%@ 1(4(#"0,(-%@ &3$.$.@ '-1 b&2'1"36 E>'/* F)/$* 1$#&&'&: +!,'!- ET@ RGTZdQ]6
&32.'1(H V;',<$-$@ `(-*'@ EGFQZEFFQ6 F)/$* ii EFFTH !"5(3@ -'%23( '-1 %/( &$%*H %/( &"-92(.%
D!,!$)(3!&" XR@ EQRTZ]E6 "8 5'%(3 '-1 %/( 0"#$%$&'# (&"#")* "8 23<'-$:'%$"-
J-'A*5*&27 @97 4A-6&#Q=5&+$*%7 >9 '-1 8&<1&%07 $- c2'*'92$#@ b&2'1"3H EGGQZEFFQ6 2&,'/)&3!&"
M9@ (1$%"3.@ EFFUH C!3'&'5" ()$'"'0#$ !0)$):4< :$)=#$ #&* 1$#&&'&: % XF@ REEZRX6
'559!5 #&* $)0#$ !Y(!/'!&0!5? ^"-1"-H J"2%#(1)(6
J2#A7 ?9 EFFEH E>! $#5" "/!!< /!0$#'3'&: ">! !&,'/)&6 4&+5-%7 ?9L9 EFTFH C/)3 3)*!/&'N#"')& ") 3)*!5 ).
3!&" '& "/)('0#$ %5'#? M(5 P"3;H 7/( C.$' ="&$(%*6 (/)*90"')&< # 0/'"'B9! ). ">! 5)0')$):'!5 ). *!,!$)(3!&"
#&* 9&*!/*!,!$)(3!&"? ^"-1"-H O'&,$##'-6
=&'A#7 89@ (1$%"3@ EFFRH ;$)=#$ !0)$):4< # &!- #/!&# ). 4&+5-%7 K9@ (1$%"3@ EFFUH =2.%'$-'<#( 1(4(#"0,(-%H
()$'"'0#$ 0)&.$'0"? ^"-1"-H h(1 B"";.6 ,'&3"(&"-",$&@ (-4$3"-,(-%'# '-1 0"#$%$&'#
=&0.7 M989 EFTGH _/'!&"#$'53? a'3,"-1.5"3%/H 1$,(-.$"-.6 F)/$* D!,!$)(3!&" D.0(&$'# $..2(I
!(-)2$- B"";.6 Xd DXI6
='A60<B7 :9 '-1 8--.7 G9D9 EFGTH 7/( K0"#$%$&'# 4A-6T#-<7 :9 '-1 8&%"2%$-<7 :9 EFGUH X&0!/"6
(&"#")*L "8 C,':"-$'6 N- ^$%%#(@ !6\6 '-1 #'&"4 )& # A'3#$#4#& 50#$!6 ^"-1"-H O$#%"- C./6
a"3"5$%:@ O6O6@ (1$%"3.@ M#&*5 #" /'5K '& ">! 40FF*<7 :97 :-%$06-%*7 :9 '-1 L0'A2B07 /9 EFFdH
">'/* -)/$*< $)0#$6$!,!$ (!/5(!0"',!5@ B"2#1(3@ A_H P)/! (!)($!I $!55 !/)5')&< !&,'/)&3!&"#$ /!0),!/4 '&
[(.%4$(5 !3(..@ RGZ]T6 H!&4#? A/$&/(.%(3H [$#(*6
ii EFFXH @)&"!5"!* ./)&"'!/5 '& %3#N)&'#?
N&+.&7 !9E9 EFGRH !3")3(..$4( &"-%(+%2'#$:'%$"-H
M(5 P"3;H A"#2,<$' V-$4(3.$%* !3(..6
,(%/"1. 8"3 3(.('3&/ $- /2,'- (&"#")*6 A93#&
='A%-*.*%7 J9!9 EFFRH =/'1* 03'&%$&(H )(-1(3 '-1
20)$):4 EE@ XU]ZGE6
%/( 0"#$%$&'# (&"#")* "8 3(."23&( .%'<$#$:'%$"- $-
c',<$'- )'31(-f"3&/'31.6 20)&)3'0 ;!):/#(>4 8&$$#7 :9 EFGR'H 8'$!&" ,')$!&0!< .))*I .#3'&! #&*
UF@ RdFZU]6 (!#5#&"/4 '& &)/">!/& L':!/'#? B(3;(#(*@ ACH
='-$$7 ?9G9 EFG]H F!#()&5 ). ">! -!#K< !,!/4*#4 .)/35 V-$4(3.$%* "8 A'#$8"3-$' !3(..6
). (!#5#&" /!5'5"#&0!? M(5 a'4(-@ A7H P'#( ii EFGR<H _- %/( 0"4(3%* "8 %/("3*H -'%23'#
V-$4(3.$%* !3(..6 /':'31. 3(.('3&/ $- &"-%(+%6 N- a(5$%%@ `6@
ii EFFQH D)3'&#"')& #&* ">! #/"5 ). /!5'5"#&0!? M(5 (1$%"3@ Z&"!/(/!"#"')&5 ). 0#$#3'"4 ./)3 ">! ,'!-()'&"
a'4(-@ A7H P'#( V-$4(3.$%* !3(..6 ). >93#& !0)$):4@ ^"-1"-H C##(- m V-5$-@ XREZUX6
=*$'A*557 G9!9 EFF]H 7/( )3"5$-) (-4$3"-,(-%'# 8*0%7 @9 EFGGH E>! Q>)(#$ 54&*/)3!? ^"-1"-H
&3$.$. $- %/( 5"3#1L. ,()'>&$%$(.H %/( &'.( "8 b'3%/.&'-6
B'-);";6 E>'/* F)/$* 1$#&&'&: +!,'!- ET@ EZEG6 80#<*%7 >9 EFTUH P#&63#*! .#3'&! '& !#5"!/& H!&4#<
=A0H&7 N9 EFGFH 8"#4'&: #$',!< -)3!&I !0)$):4 #&* ">! '&"!//!$#"')&5>'( ). !&,'/)&3!&" #&* *!,!$)(3!&"?
*!,!$)(3!&"? ^"-1"-H h(1 B"";.6 ZD8 D'50955')& 1#(!/ FU6 B3$)/%"-H N\=6
=A-,*%#7 )9 EFGFH ="$# (3".$"- $- %/( `$-)1", "8 ii EFTGH \"(. 3'1$&'# )(")3'0/* #'&; '-
^(."%/"H "3$)$-. '-1 &"#"-$'# 3(.0"-.(@ EGRQ.Z '003"'&/ %" (-4$3"-,(-%'# 3(#'%$"-.l %&"'()*!
EF]Q.6 J)9/&#$ ). 8)9">!/& %./'0#& 8"9*'!5 E]@ EQ@ GdZF]6
XURZGU6 80#<*%7 >97 8*0<*%7 @9 '-1 RS)**F*7 E9 EFGXH
=066-<.#7 I9L9 EFFRH Z&"!/(/!"'&: &#"9/!< 09$"9/#$ a2-)(3H ' 0"#(,$&'# 3(4$(56 %&"'()*! Ed@ EZEU6
0)&5"/90"')&5 ). ">! !&,'/)&3!&"? ^"-1"-H 8-5F7 M9 EFTXH _5-(3./$0 '-1 0"#$%$&'# (&"#")*6
J"2%#(1)(6 %&">/)()$):'0#$ `9#/"!/$4 d]@ XQEZXQ]6
=B-'T-57 49 EFG]H B3$-)$-) %/( .%'%( <'&; $-H
.%3'%()$(. "8 '-'#*.$. $- &233(-% 3(.('3&/6 N- U066*%*%7 )9=9 EFFdH a2,'- )(")3'0/* '-1 %/(
b4'-.@ !6B6@ J2(.&/(,(*(3@ \6 '-1 =;"&0"#@ 76@ K-(5 (&"#")*LH %/( 03".0(&% '-1 03",$.( "8
(1$%"3.@ Q/'&:'&: ">! 5"#"! =#0K '&@ A',<3$1)(H $-%()3'%$"-6 %&&#$5 ). ">! %55)0'#"')& ). %3!/'0#&
A',<3$1)( V-$4(3.$%* !3(..@ RZRT6 ;!):/#(>!/5 Gd@ EQGZX]6
=2#6&<7 E97 RS)**F*7 E9 '-1 80#<*%7 >9 EFGRH ii EFFUH @>#&:'&: .)/"9&!5< =')*',!/5'"4 #&* (!#5#&"
c#"<'# 1$.'.%(3.H ' 3'1$&'# $-%(303(%'%$"-6 N- $',!$'>))* '& ">! 1!/9,'#& %&*!5? B(3;(#(*@ ACH
a(5$%%@ `6@ (1$%"3@ Z&"!/(/!"#"')&5 ). 0#$#3'"4 ./)3 V-$4(3.$%* "8 A'#$8"3-$' !3(..6

Vous aimerez peut-être aussi