Vous êtes sur la page 1sur 35

Cartographie des connaissances et gestion des ressources

humaines: exemple de l’ambiguïté cognitive des


Systèmes de Gestion des Connaissances
Aurélie Dudézert

To cite this version:


Aurélie Dudézert. Cartographie des connaissances et gestion des ressources humaines: exemple de
l’ambiguïté cognitive des Systèmes de Gestion des Connaissances. Systèmes d’Information et Man-
agement, 2007, 12 (3), pp.31-56. �hal-00239370�

HAL Id: hal-00239370


https://hal.science/hal-00239370
Submitted on 19 Jun 2008

HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est


archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents
entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non,
lished or not. The documents may come from émanant des établissements d’enseignement et de
teaching and research institutions in France or recherche français ou étrangers, des laboratoires
abroad, or from public or private research centers. publics ou privés.
    ! "# $
 %  & '(&)*+,.-
 /,)01#  1+23)54#& 67 8 9"9:  ; <,  =)>   ?@ "# 
#
ABDCFEHG IKJMLNLOQPROTSRU
VRWYX[Z]\_^]X"`ba"c WedHfegh^]\[i,c WDdYjkWel`Q^]`Yj[WDmWn^ponVRW[X]WQ`YqrYstq\nf"Z
u"`Qav\Dq3`"ow\Dx qWty_^"x W zK^[dQf]Xpo#q3x WDc
{nr]\Dc W| Wn^po}q+`Yc W~€`Yq+x X
{€m`bx cv"`Hf"q#WQc x Wn‚ dHf"d[WDƒ„Wkq}o}†WYr]ZH‚ ‡}q

ˆS EY‰QBDŠ E‹
{T^Œy[o3f"dbx `Q^„oc Ž9f]X"`bj[Wd[Ž9fY^ow‘[ZvW’dkW’“_‘]X„ow”DmW0d[WtWYX„o}x \n^>d[WbX•| \n^[^"`bx XpX[`Q^pr]WYX—–}“Tt| ˜™ZY`Yq}o}x rYf"c x Wkq!–}c W[X
r"`bqo\DjYq#`YZHs"x W[Xd[W[Xrv\D^b^"`Yx XpX"`Q^pr]W[Xšmyko}x WDqn›[˜ˆdY`H^ Xc Wrp\_^powW[œvowW™d[W™c `j[WYX„o}x \n^edkWYXeqWYXpXv\nf]q#rvW"Xžsbf"m`bx ^]WYX[Ÿ
r]Wko `Yqo#x r[c WždYx X]r[fpoW¡dkW¡c `ZkWDqo#x¢^vWn^pr]W™dvW¡c Wnf"q£fpo#x c x X"`vo#x \n^Wn^\Dq+jY`Q^"x X[`vo}x \n^Y‚[¤¥ZY`Yq}o}x qRd[Ž¢fb^]W™qWY¦YfpW™d[W™c x o9owyDq+`vo3f[q#W
W[oHdkŽKfY^vW`Q^]`Yc ‘vXpWd[WdYx Xprv\nf"qXd[ŽKf[^]Wdbx ƒ]`Yx§^]Wd[W ¨V©!d[Ž \Dq#jY`H^"x X[`vo}x \n^pX‡#q3`Q^pª[`Yx XvW[X"Ÿ[rpW[o9owWqWYrYspWDqr[s]WX]\nf[c x jQ^]W
c Ž `YmMa"x jQf «}owy¬r]\DjQ^[x o#x ¦vW­d[W(rvWYX®“Tt|¯W[o°c W[X±x c c¢fpX"x \n^]X$²Qf]Ž¢x c X(ZvWnf]¦pWn^po¥Xbf Xvr"x owWDqZ[\nf]qŒc Ž `bc c \Yr]`vo#x \n^(d[W
r]\_^Y^"`Yx XvX"`b^]rvW"Xb‚
l\[owXr"c W[‡wXYtWYXpo#x \n^d[WYX| \n^Y^"`bx XpX[`Q^pr]WYX[ŸD|`[q}ow\DjYq+`YZQs[x WYXd[WbXrv\n^Y^"`Yx X]X"`b^]rvW[X"Ÿbr"`Yq}owWYXr]\YjQ^[x o#x ¦vWYX"ŸQZYq+x XpWžd[W
d[yYr[x X[x \Q^"Ÿ[“h‘]X„ow”DmWd[WetWYX„o}x \n^d[WYX| \n^[^"`Yx XpX"`Q^prvWYX"Ÿ[tWYXpowx \n^d[WYXVRW[X]Xv\nf]q#rvW"X©f"m`Yx§^pWYX
A,³n‰v´FCFµY¶„´ˆ‹
·Rs"x XZY`YZkWDq€dvWD`Yc Xi,x o3sgh^]\[i,c WDdYj[Wl`YZvXf]X[`"jkWx¢^©f"m`b^VRWYX]\_f„qrpWl`Q^"`Yj[WQmWn^„oDrp\n^poW[œ]o+‚Yz oDX„o3f"dbx WYXMs]\[i
o3sv\YX]W™X[Z[W[r"x ‡}x r¸gh^]\[i,c WDdYjkW¸l`H^"`[j[WDmWn^po¹“h‘vXpowWQmXž`Yq#Wºf XvWDd o\žo}`Y»„W¸d[WYr[x X[x \Q^]X \n^¸gh^]\[i,c WYdYj[Wž¤ˆc c \br"`vo#x \n^b‚
¼x o+s!`½dbx Xprv\nf]q#XvW½`Q^"`Yc ‘pX"x X™\[‡ owWn^¾·€\DZv¿Àl`Q^"`bj[WYq#X¸x§^½© V*¨RWDZY`[q}o}mWn^powXÁ\[‡ÂDq#WQ^]rbs™r]\DmZY`b^"x WYX¾o3s"x XZY`YZvWDq
dYx X]rbf XvX]W[X†o3s]W@r]\Djb^"x o}x ¦]WŒ`YmMa"x jbf"x ow‘Ã\[‡gh^]\[i,c WDdYj[WŒl`Q^]`Yj[WQmWn^„o“h‘vXpowWQmX¥`Q^"ds]\vio3s]WDx qMf]X"`[j[W¥rv\nf"c d
r"qWD`voWex c c¢f]X[x \_^ X\n^gh^]\[i,c WDdYjvW¤£c c \Yr"`vo#x \_^Y‚
gQWY‘pi\Qq#d[XYRgh^]\[i,c WDdYjvWl`H^"`Yj[WDmWn^po#Ÿ g€^v\[i,c WQdYj[Wl`YZvX]ŸT| \DjQ^[x o#x ¦vW!l`YZ[X[ŸR¨RWbr"x X[x \n^v¿Àl`[»]x§^"jYŸ gh^]\[i,c WDd[j[W
l`Q^"`Yj[WQmWn^„ob“h‘vXpowWQmX[ŸY©f[m`Q^VRW[X]\nf]qr]Wl`H^"`[j[WDmWn^po

VRy[‡yDq#W_^ rvWn[¨f"d[WYƒpWQqo[¤‚ ŸQÄRÅ[ÆÈÇ}ÉQÊnÆËÅpÌTÍnÎwÏÐnÏ[ÑÒYÉQÓnӀÅ[ÎKÑbÑDÅ[ӀÒYÏ[ÑÏQÇYʀÏ[Ñ_ÇwÎÉQӍÐnÏ[ÑÆÔÏ[ÑbÑDÉnÕQÆÔÒYÏkÑ̀ÕQ֞Å[ÎKӀÏ[Ñ_×


Ïp؀ÏkÖÌTÙwÏÐnÏÙFÚ Å[Ö Û€ÎKʀÕQܝÇ}ÝÒYÉQÊnÓnΝÇwΝÞ"ÏÐnÏkўßDàQÑnÇ}ák֍Ï[ÑÐnÏâÏ[Ñ_ÇwÎÉQӍÐnÏ[ўÄRÉQÓnӀÅ[ÎKÑbÑDÅ[ӀÒYÏ[Ñkãb“h‘vXpow”QmWYX
dYä z9^p‡w\Qq3m`vo}x \n^W[oDl`H^"`Yj[WDmWn^ponå]æQŸ"çM–#èYéYéYê[˜€ç ¿Àëbì
 [´FC hBD¶"´ I ‹


u]WYX™“h‘]X„ow”DmW[X™d[W!tW[Xpo#x \_^¡d[WbX¡|£\n^Y^[`Yx X]X[`Q^pr]W[XÁ–}“Tt| ˜ ŸnXpo#q fvrpo3f[qWYXž\Dq#jY`H^"x X]`"o}x \n^Y^]WDc c WYXžW[oTowWYrbsY^p\Dc \QjYx ²Hf]W[X
XYf[ZYZ[\YqoX®dQf$m`Q^]`YjkWDmW_^po d[W[Xr]\n^[^"`Yx XpX"`H^ rvWYX$–+¨f„dvWDƒ„WDq}o}Ÿ½èbéYéYçv˜ÀŸºX]W(Xv\Q^po j[y_^]yDq#`Yc x X]y[X®dY`H^ X$c WbX
Wn^po#q#WQZYq3x X]WYXWko_ZYqWQ^Y^]Wn^„o_`Qf #\Qf"q+d[Ž9s"f[x"dkW"X‡w\Qq3mW[XedYx ¦pWDqXpWYXQa"`[XvWd[Wrv\n^[^"`Yx XpX"`Q^prvWYX"Ÿk‡w\DqÀf"m*d[WdYx X]r[f]XpX[x \n^[Ÿ
¼ÁWna"c \DjYŸZYc `vowWb¿#‡\Dq3mW0x¢^„o}q#`Q^vW[o}Ÿ\nf„o}x cd[W0jYq\Df[Zvi,`[q#WDŸWkowrY‚¤ˆZYq”YX*f[^]W0ZYqWQmx ”DqW’ZvyDq+x \Dd[WdkWYXpr"q+x Z"o}x ¦]W>Wko
^]\Dq+m`vo}x ¦]WDŸTd[Wº^]\DmMa"q#WQfpœ™`QfpoWnf"qXžX]Ž¢x§^powWDqq#\DjkWD^„o£dkyYX]\Yq+m`[x XXbf]qc Ž¢x mZY`[r„oˆd[W™r]W[X™“Tt|XYf"q c `ÁZ[WYq}‡w\Dq+m`H^ rvW
d[WYX¾\kq+jY`Q^[x X"`vo#x \_^]XÁ–3u]W[WW[o|s]\Qx ŸRèbéYéYç RlWQc ¦[x c c WÁW[o `bc x ŸRèYéYé R“£s"x§^"ŸRèbéYé ¨f"d[WYƒpWYq}oˆW[ou[`Q^pr"x§^"x Ÿ£èYéYéYìv˜7‚
 

| Ž WYXpo dY`H^ Xr]Wžr]`Ydbq#Wž²Qf]WrvWX[x o+f]WžrpW[o `Yq}o}x r"c WWQ^`Q^"`bc ‘]X[`Y^„o ZYc¢fvXZ"qyYr[x X]yDmWn^po c `žZvWDqo#x¢^vWn^]rpW™d[W™c Ž9fpo#x c x X[`vo}x \n^
d[W“h‘pXpow”QmWYXžd[WtW[X„o}x \n^d[WYXž| \Q^Y^"`Yx XpX"`Q^prvWYXX]Z[ybr"x ‡}x ²QfpWYX™–#c WbXr"`[q}ow\Djbq3`YZbs"x WYXžd[W[Xrp\_^Y^"`Yx XvX"`b^]rvW"Xv˜ db`Q^pX
c WYX\Dq3jb`Q^"x X[`vo}x \n^]Xb‚

u"`Mr"`Yq}ow\Djbq#`YZQs"x WdkW"Xr]\_^"^[`Yx XpX[`Q^pr]WYXW[XpoTfY^e“h‘vXpow”QmWžd[WtWYX„o}x \n^ed[WbXe|£\n^Y^"`bx X]X[`Q^pr]W[XedkyYr]q3x o€ZY`Yq_¤fYa]WDq}o}x§^


–#èYéYéYçYŸ@Z [ë[˜Œrv\DmmW š
 ¬²Qf"xZ[WDq+mW[o°`Qfpœ
  !"#!$%&' (" )*+"! ,-,+,/.

0 "&213 ,+",45!,! &,6,4715&!&98&$:&' (" ;7+": ,!,6!+!,!<= >? &@7;8 A6,+; ; 

B5C&2(  &'<D!,E8 &F,&C51 <HG8 8,I,+"J8+,K-"3 ,+,!+!,KG+= 8 8,E"?LM7$5!& ,&'<

53L-8"-$$&'<NO:"!&'<N?+PRQ3S+&C"16&-$%T: S3LU R8"&2,VW"! 8R=  :SXY8S5Z ,! ". Q‚({€ZYZYc WDq


–#èYéYé ŸTZ ˜¦"`ÁZYc§fpX¡c \Dx§^W_^¡d[y[r[q3x ¦]`Q^poˆc `™r[`Yqo\DjYq#`bZQs"x W!dvWYXžr]\_^"^[`Yx XpX[`Q^pr]WYXžrp\DmmW!š 3L-,-,+ ,6?&R

([$%8"!A5<3\5G $]"!HD5-$&C(3^XJ+&2:+C5&2 ,!&_X\ 8  ,6&R8!,>!"! ,-,6!+,\ ,M$%": O8,;

,6 D= ]"+&'1: ,6 " e›Q‚ fpo#x cnd[Ž¢`Yx d[W ¸c `¸dkyYr"x X[x \_^¡Z[\Qf"qfb^]W!jkW"X„o}x \n^ž\DZvo}x m`Yc Wd[WYX r]\n^b^„`bx XpX[`Q^]rpWYX™d[W
` Da

c Ž Wn^„o}qWDZYq+x XvWDŸc `¥r[`Yqo\Dj[q3`bZQs"x W>d[W[X¥rv\Q^Y^"`Yx XpX"`Q^prvWYXÃWYXpoedv\n^vr Œc ` ‡w\Qx XŒfb^ \nf„o}x cd[Ž¢`Yx d[W Œc Ž¢`Yc c \[r[`vo}x \n^°d[W
Wa ba

qWYXpX]\nf[qr]WYXW[oTfY^\_fpo}x c[d[Wd[yk‡}x§^"x o#x \_^ed[WYX\Yq3x Wn^po#`vo}x \n^]XXpo#q#`„owyDjbx ²QfvWYX ZYq+x ¦"x c yQjYx WQq€WQ^m`vo#x ”Qq#Wžd[Wj[WbXpo}x \n^d]WbX
a

r]\_^Y^"`Yx XvX"`b^]rvW"X–#d[y[¦]WDc \DZYZvWDmWn^po wXbf"ZYZYqWbXpX"x \n^ dkWoWDc \nfowWDcpd[\Qm`Yx§^]Wd[Wr]\n^Y^[`Yx X]X[`Q^pr]W[X ¾˜F‚


?c d

| YW X°dkWDq ^[x ”DqW"XŒ`Q^[^]yYW[X[Ÿc WYX°`[¦[`b^]r]y[WYX@owW[rYsb^]\Dc \kjbx ²QfvW"X@Wn^•m`vo}x ”DqW*d[Ž¢`Q^]`Yc ‘pXvW>W[od[WŒ¦"x XYf"`bc x X[`vo}x \n^Œd]WbX
x§^p‡w\Dq+m`vo}x \n^]X¥\_^por]\n^"dbf"x o Œc `Œmf[c o#x ZYc x r"`vo#x \n^¥d[Wr]Wo‘"ZvW>d[W>“Tt|dY`Q^pX°c W[X¥\Dq#jb`Q^"x X]`vo}x \n^]Xb‚,| W[X°“Tt,|
a

è
`YZYZb`Yq3`bx X]XvWD^„o d[yYX]\Yq+m`bx X`Qf œ‘vWnf œd[WÁ^]\DmMa„qWnf œ™fpo#x c x X[`vowW_f"q#Xr]\QmmW™d[WYX\Qfpo}x c XX"x mZYc WYX Mr]\n^pr]Wb¦p\Dx q¹W[o
4a ^a

fpo#x c x XvWDq+Ÿ"ZkWDq3mW[o9o}`Q^ponfY^vWe`Yc c \Yr"`vo#x \_^ d[WbX,rv\n^[^"`Yx XpX"`Q^prvWYX\na #WYr„o}x ¦]WW[oDq3`"o}x \n^Y^]WDc c Wn‚
~n\nf"q}o}`Q^„o}Ÿ r]\QmmW^]\nf]X½c W¥m\n^„o}q\n^]X½dY`Q^vXr]W[o,`Yq}o}x r"c WDŸ rvWYXr"`[q}ow\DjYq+`[ZQs"x WYXXp\n^poWQc c WYX]¿ mDmW[X½c W¥ZYq#\QdQf"x o
d[Ž9fY^]WÁr]WDq}o}`bx¢^pWÁ¦"x X"x \n^¡dvWc Ž Wn^po#q#WQZYq3x XpWÁW[oˆc Ž W[œkZbq#W[X]X[x \_^¡d[Ž9f[^XvrYs]yQm`žrv\DjQ^"x o}x ‡ˆx¢^[dYx ¦[x dHf]WDch–#d[ŽKfb^¡dYx q3x j[WD`Q^„ow˜\nf
r]\Qc c WYrpo#x ‡Œ–#d[Ž9fY^®jYq\_f"Z[W­d[Ž¢`[r„owWnf]qX]˜7‚ {€c c W[X$Xp\n^poÇ\DqoWDmWn^„o WQmZYqWDx§^powW[X(d[Ž¢`YmMa"x jbf «}owy¬W[o°Z[Wnf]¦pW_^p o [o}qW
XYfvX"ZvWYrpoyYW[Xd[Ž Wn^p‡WDq3m WDq€c `Zbq3x XpWd[Wd[yYr"x X"x \n^ db`Q^]XfY^]Wx c c§f]X"x \n^XYf"qhc W[Xr"`Yq+`vrpoyDq3x Xpo#x ²Hf WbX dkWYXr]\n^[^"`Yx XpX"`H^ rvWYX
d[W¸c Ž \Dq3jb`Y^[x X[`vo}x \n^Y‚n| W"r[xYrp\_^"dQf"x o X]Ž¢x§^powWDq+q\DjkWDqTXYf]q c Ž W[‡9‡}x r"`vr"x owy¸dkW¸c `¾Z"q+x X]W™d[W¸dvyYr[x X[x \n^²Qf[xYd[yYrv\Df[c W¸dkW¡c Wnf"q
a

fpo#x c x X[`vo}x \n^Y‚ u]Ž¢`YZYZY`bqWn^poWX"x mZYc x r"x owy dkWr]\Q^]r]WYZvo#x \_^¸W[od[Ž¢fpo#x c x X"`vo#x \n^d[Ž9fY^]Wr]`Yq}ow\Djbq#`YZQs"x W½d[WYX¾rp\n^Y^"`Yx X]X"`H^ rvW[X
r]\QmmW0c Ž¢`YZYZY`[qWn^poW\_a #W[r„o}x ¦"x owy0d[W[X>`Q^"`Yc ‘]X]W[X>²QfvŽ WDc c W"XŒZ[WDq+mW[oKoWn^pod[Ž yDc `Qa]\DqWYqžrp\n^"dQf[x X]Wn^„ow¿+WDc c W[X *d[W[X ba

d[yYr[x X[x \Q^]XZ[WDq}o}x§^]Wn^„owW[XW_^em`vo}x ”DqWd[Ž¢`Yc c \Yr[`vo}x \n^d[WqWYXpX]\_f„qr]W[X\nfrv\n^"dQf[x X]Wn^„ow¿+WDc c W q#W_^p‡w\Dq}r]WDqTd[W[Xx c c¢fvX"x \n^]X
a

XYf[qRrvW¸²Qf]W™Xv\Q^poˆc WYX r]\Q^Y^"`bx XpX[`Q^pr]WYXžd[W¸c Ž \Dq+j[`Q^"x X"`vo#x \_^W[oRXYf]qc W"X™m\Dd[W[XdkW!jvWYX„o}x \n^²Qf]Ž¢x cQW"X„oˆZ[\[X]X"x§a"c W¸d[W
c Wnf"qn`vo9o}q+x¢aYfvWDq

| W[o`Yq}o}x r"c W¥o#q3`bx oW•d[Wr]WkoKowWŒZYq\na"c yDm`vo}x ²Qf]WŒ`Qf†o}q+`]¦vWDqX¥dvW•c Ž y[o3f"dkW•d[WŒc ŽKfpo#x c x X"`vo#x \n^¥d[Wr]WYX¥“Tt|dY`H^ X¥c W
r]\_^powW[œvowW½d[W½c `j[WYX„o}x \n^¸d[W[X¸qWYXpX]\_f"qr]W[Xsbf"m`bx¢^]WbXY‚R¨ˆ`Q^pXfb^]W½ZYqWDmx ”DqW½Zb`Yqo#x WQŸ ^]\nf]XÁ`Q^"`Yc ‘pX]\n^pX™rvW½²Qf]W
X]\_^po c WYXÁr"`Yq}ow\Qj"q+`YZQs[x W[Xd[WYXÁrp\n^Y^"`Yx X]X"`H^ rvW[X¸W[oZYc§f]XZYq#y[r[x XvyDmW_^po c WYXÁr"`[q}ow\DjYq+`YZbs"x WYXd[W[X¸rv\n^Y^]`Yx X]X]`Q^]rpWbX
dYx owWYX.šmy[o}x WDqn›Q‚ R\nf]X0x dkWn^po}x ‡}x \n^]X5ykjb`Yc WQmWn^„o!c Wq Dc W ²Qf]Ž WDc c WbX’ZkWnf]¦pWn^po #\nfvWDqZ[\nf]q½c ` j[W[Xpo#x \_^ d[W[X


qWYXpX]\nf[qr]WYXÁs[f"m`Yx§^]WYX™–+~€`Yq}o}x W ˜7‚€| WYr"xh^v\nfpXrv\n^]dQf"x o ¸ZYq\DZ[\[XvWDqdY`b^]XÁfY^]Wd[WQfpœkx ”DmW!Zb`"q}o}x W†fY^XvrYspyDm`


a

d[Ž¢x¢^„owWDq+ZYqy[o}`vo#x \_^®dQfc x Wn^W_^po}qW$r"`[qo\DjYq+`YZbs"x WYXd[WYX rv\D^b^"`Yx X]X]`Q^]rpWbX®šmy[o#x WQqn›$W[o Z[q+x XvW(d[W­d[y[r"x X"x \Q^
d[Ž¢`Yc c \Yr[`vo}x \n^ d[W qW"XvX]\nf]qrpWYX –+~_`bqo#x W è[˜7‚Œ{T^ Zbq#Wn^[`Q^po>c Ž W[œ"WQmZYc W d[Ž9fY^¬ow‘"ZkW dkW r[`Yq}ow\Dj[q+`YZQs"x W d[W[X
r]\_^Y^"`Yx XvX"`b^]rvW"X0šmyko}x WDqn›0Wko¾jbq [rvW fY^]W `Q^"`Yc ‘vXpW dkW dYx X]rp\_f"qX0d[Ž9fY^]W dYx ƒ]`bx¢^]W d[W ¨ˆx qW"r„owWnf[qX0d[WYX
a

VRWYXpXv\nf"qrvW"X¾©f"m`Yx¢^vW"Xžd[Ž \Dq3j[`Q^[x X[`vo}x \n^pX‡#q3`Q^vª]`Yx XvW[X"Ÿ€c ` o#q#\Dx X"x ”DmW¸ZY`Yq}o}x W¸mW[o W_^yY¦"x d[WQ^]rvW¸c W[Xžx c c¢fvX"x \n^pX²Qf"x
Wn^po\nf"qWn^po,c ŽKf„o}x c x X"`vo#x \_^ºdkW½r]W[X½“Tt| db`Y^vX½c W†r"`Yd[qW dkW Zv\Dc x o#x ²QfvWYX½d[W¥jvWYXpo#x \n^½dvWYXq#WbXpX]\nf"q}r]W[XÃsYf"m`Yx§^ WbX
–+~_`bqo#x W*ç[˜F‚u]Ž Wn^]XvWDma[c W*d[W>rvWŒo}q+`[¦[`Yx c`YZbZ]\QqoW>Wn^r]\n^pr"c§f]X[x \n^—fY^°y[r[c `Yx q+`YjvW>XYf[qc WYXrp\n^"dYx o}x \n^]XŒd[Ž9fY^]W
fpo#x c x X[`vo}x \n^Z[WDq}o}x§^]Wn^poWedkWYX“ t|†dY`Q^]Xc WYX\kq+jY`Q^[x X"`vo#x \_^]XY‚

ç

    !"$#%&'()
*
+,  )-.,/012+

34&564!78!9;:!<=?>A@B2=C<DEFG8!9IH8!9;:!@1JJK<FG9!9!<J:!8!9$L!H+8!9NM1O+9P>RQS%8!9;H8IT8!9P>FG@1JUH8!9

V @1J+J<FG9!9!<J:!8!9;9DKW6:FYXZFG[2\8!9

]u WYX†r"`Yq}ow\Qj"q+`YZQs[x W[X dkWYX½rp\n^b^"`Yx XvX"`Q^pr]W[X†X]\n^po`YZ[ZY`bq fpWYX½qWDc `vo}x ¦]WDmWn^poq#ybr]WDmmWQ^podY`H^ X¥c W[X WQ^po#q#WQZYq3x X]WYX[Ÿ
r]\_^]rp\Dmx o#`YmmWn^po€`Qfd[yY¦]WQc \DZbZ[WDmWn^po€d[WYX“€‘pX„ow”DmWYXd[WtWYX„o}x \n^edkWYXe| \_^"^[`Yx XpX[`Q^pr]WYXm`Yx XyDjY`bc WDmWn^po€`Qf
d[yY¦vWDc \DZ[Z[WDmWn^po¸d[W[X—owWYrbsY^]\Dc \QjYx WbXd[Ž¢`Q^"`Yc ‘pX]W.W[o¸d[W0¦[x XYf[`Yc x X"`"o}x \n^d[WYX0x§^p‡w\Qq3m`"o}x \n^]XY‚| W[X ^] "`_ 8!1

a-$%, b] "Ÿ
"`_ 813;aZ$$% 61 ] QŸ
"`_ 81dc9+&C"1&@Z$TA b] "`_ kŸ81;Q3+,+-$%< c9&C,;\-"([$5?-,

\nf
"c9&@?"1&2-$ T !,;,"c9"63 ,-,+, 0 (5 &. ¡X]\n^poRmx X]WbXWn^Zbc `[rpWÁZ[\nf"q¹‡}`Yx qWž‡}`[rvW ™c `ž¦"`bq3x y[owy¾W[o¹c `
Ha

mMf"c o#x Zbc x r"x owy0d[WYXŒWkœkZ[WDq}o}x X]W[XŒW[orv\n^Y^"`bx XpX[`Q^pr]WYX>Z[qyYX]WQ^poWYX>d[yYXv\kq+m`Yx X>db`Q^pX>c WYXŒ\Qq3jY`b^"x X"`"o}x \n^pXŒW[oZ[\nf"q
d[yDZb`[XpX]WDqhc ` dYx ‡K‡}x rYf[c oyd[Ž¢`vr]rpyDd[WQq r]WbXWvœkZ[WDq}o}x XpWYX¦[x ` fb^ W r]\DmmMfY^"x r[`vo}x \n^ex§^p‡\Dq3m WDc c W™–+{€ZYZYc WYq3ŸQèYéYé ˜7‚D{€c c WbX
a

X]\_^poˆyDjY`bc WDm Wn^po d[yQZYc \[‘vyYW[X¸Z[\Qf"qmW[o9o}qW¸Wn^ž¦"`bc Wnf[qc WYXžrp\n^b^"`Yx XpX"`Q^pr]WbX¡dbx oWYX¸šr[q3x o}x ²Qf]WYX›Ád[W½c Ž Wn^„o}qWDZbq3x XpW
–+~_`krYsYf"c X"»]x¡W[oº`bc x ŸèYéYéYé “T`Y`YdW[o½`Yc x ŸèYébéYç[˜7‚ kµ FI DµQG I ´ E nCFJbŠI bCFJ nJ$¶YJ[‰®¶bµYC´ nC7µ DIKJb‰®Jb‰p´
e gf ? ih Gj  @k `hl

m C 3 G 9I nJ [´FI FIK¶bµv´ I nJ0¶ DµYI9‰Y‰Yµ D¶bJY‰ u[`*r"`Yq}ow\QjYq#`YZQs[x W0d[WYX—r]\Q^Y^"`bx XpX[`Q^pr]WYX>Z[WQq3mW[o¡dkW¦[x Xbf"`Yc x X]WQq¸c W[X
f E % 3 6n

d[\Dm`Yx§^]WYXd[Wžrv\n^Y^"`Yx X]X"`b^]rvW[Xd[W™c Ž Wn^„o}qWDZYq+x X]W¸d[`Q^vXžfY^r"`[dYqW™rp\DmZYq#y_s W_^]X"x§a"c W–#“TZ[WYWDckW[o¹`Yc x Ÿ [˜F‚h{T^ervW :

X]W_^]XrvW"X r"`Yq}ow\Qj"q+`YZQs[x W[XXvŽ x§^]Xpr[q3x ¦vWn^poˆdY`b^]X¾fY^]W¸d[WbXZYqWYmx ”Qq#WYX y[o}`bZ[WYXX[ZvyYr"x ‡}x ²Qf]W[X™d[W¸c `ž¦"`bc \Dq+x X[`vo}x \n^™d]WbX
r]\_^Y^"`Yx XvX"`b^]rvW"XÁd[W[X™WQ^po}qWDZYq+x X]WbXTx d[W_^po}x ‡}x WDqc W½Z[`vo}q+x m\Dx§^pW½d[WÁr]\n^Y^[`Yx X]X[`b^]r]W[X™W[o£ow\nfpoZY`[qo#x rbf"c x ”DqWDmWD^„o c WbX
d[\Dm`Yx§^]WYXdkWr]\Q^Y^"`Yx XpX"`H^ rvWYXXYf"qhc WbX"²bf]WDc Xx c ‡}`Hf"dYq+`‡}`Yx q#WZk\DqoWDqnW_^ZYq3x \Dq+x oyc WbXd[yDm`[q#rbs]W[Xd[WtWYXpo#x \_^d[W[X
| \n^Y^[`Yx X]X[`b^]r]W[XY‚
u]W™r[`Yq+`]r„ow”DqW¸qybr]WQ^po¹dHfd[yY¦vWDc \YZYZkWDmW_^po¹d[W[X r"`Yq}ow\Dj[q+`YZQs"x WYXd[WbXr]\n^Y^]`Yx X]X]`H^]r]W[Xdb`Q^pXc WYXWQ^po#q#WDZbq3x XvWYX‡#`Yx o
²Qf]Ž¢x c ^]Ž Wkœkx XpowW `Qf \Qf"q+d[ŽKsbf"x²bf]W ZkWnf’dvW5o}q+`[¦"`Hf œ `vr"`bd]yQmx ²Qf]WYX*X[f"qc W.X[f #Wko3‚ž{€q3mx¢^vW–#èYéYéYìk˜½x d[WQ^po#x ‡#x W
r]WQZ[Wn^"d[`Q^poDd[W_fpœow‘"ZkW"Xd[Ž¢`YZYZbq\YrYspWYXr[`"q}ow\QjYq3`bZYs[x ²QfvW"XqWDZvyDq+`Qa"c W"XdY`H^]Xc `c x oKoyDq+`vo3f"qW 
o•
^]Wž`YZYZ[q#\br[s]WdYx owWžšZbq#\YrpWbXpXYf]X›²Hf"xpXvŽ `YZbZQf"x WXYf"q£f[^]Wm\Dd[yDc x X[`vo}x \n^"ŸQd[WYXpr[q3x Zvo#x \n^W[o€`Q^"`Yc ‘vX]Wžd]WbX
ZYq\Yr]W[XvX[f]X¥my[o#x WQqX¥d]WŒc Ž Wn^„o}qWDZ[q3x X]W°Zk\nf"qr"`[qo\DjYq+`YZbs"x WDqWkodky[owWDq+mx¢^]WQqc W[X½rv\n^Y^"`bx X]X[`Y^vr]W[X¥dYx oWYX
šr"q+x o#x ²QfvWYX›Q‚Tz cQX]Ž¢`YjYx oˆd[Ž¢`Q^"`Yc ‘]XvWDqc WbX¡Zbq#\[r]W[XvXYfpX™d[ŽKfb^]W!`vr„o}x ¦"x owyÁW[oˆd[W!dky[owWDq+mx¢^]WQq`QfXvWDx§^¡d[WÁr]WbX
ZYq\Yr]W[XvX[f]X c W[X rv\n^Y^"`bx X]X[`Y^vr]W[X ²Qf"x Ÿ X"x.WQc c WYX ¦vWn^]`Yx Wn^po dbx X[Z"`bq3`}o}qWDŸr"`bf]XvWkq+`Yx Wn^po fY^
a

d[‘vXp‡w\_^ r„o}x \n^Y^]WQmWn^„o d[`Q^]XÁc Wnf[q,mx XvW½WQ^ºfp¦"qWn‚R¨ˆ`Q^pXÁrpW[oKoW `YZYZbq#\[rYsvWDŸ{€q+mx§^]WÖ#èYéYéYìv˜r"c `[XpX]WÃc `


my[o3s]\Qd[Wt ¤£lM{Q·R© –}tq fY^[d]X„owWDx§^"Ÿ™èbéYéYçv˜½\Qf c ` my[o+s]\Yd[Wd[W5·€X]Wn^]j.W[o©f"`H^"j –#èYé[éYë[˜7‚| WYX
`YZYZbq#\[rYsvW"X@X]\n^po ^]\[o}`bmmWn^poedkyY¦]WDc \DZYZvyYWbX°dY`Q^pX°c WYX°`vrpo#x ¦[x oyYX°d[WŒrv\n^pr]WDZ"o}x \n^°d[W>ZYq\YdQf"x owXY‚{ ^
ÂDq+`Q^]r]WQŸYWDc c W"X\n^po€ZY`Yq}o}x r[f"c x ”Qq#WDmWn^pony[oy`YZYZbc x ²bf]yYW[Xedb`Q^pXd[WYX\Dq#jY`H^"x X]`"o}x \n^]Xrp\DmmW™~€“_¤R¿F~nWnf[j[WY\[o
|x o}q\ n^*–}“T`Y`bd>Wko`Yc x ŸèYéYébç[˜™\nf>c `“ ˆ|Ân‚ | W[XŒr"`Yq}oK\DjYq+`YZQs"x W[X>q#WQZ"qy[X]Wn^„owWn^poc WYX>ZYq\[r]W[X]XbfpX
\DZ[yQq3`vo#x \_^Y^]WDc XŒdvWc Ž W_^po}qWYZYq3x X]WŒWkoMc Wnf]q#Xd[‘pXp‡\n^]rpo#x \_^Y^pWDmW_^powXW[oXv\n^pod[\Q^]r°d[WŒrvWŒ‡}`bx oXp\nf]¦vWD^„o
r]\_^p‡}x d[Wn^po#x WQc c WYXW[on^]\n^ZQfYa"c x yYW[XY‚
• o
^]W½`[ZYZYq\[rYs]WdYx owWYX™šd[\Dm`Yx§^]W[X ›²Hf"xnZY`Yq}oˆd[W½c Ž¢`Q^]`Yc ‘pXpW½d[Wq#WDZ[qyYX]WQ^po#`vo}x \n^]X™d[W½c Ž Wn^po}q}WDZYq+x XpWÁXYf"q
X]\_^ºZb`vo}q+x m\Dx§^]W¥d[WÃr]\Q^Y^"`bx XpX[`Q^pr]WYXÖwdk\YrYf"m Wn^powXWko w\_f¸o#yDm\Dx jQ^"`YjkW"X½dkŽ `[r„owWnf[qX]˜Wko,q#WDjbq\nf"Z[W¥c WYX
Cc

r]\_^Y^"`Yx XvX"`b^]rvW"X d[`Q^]X fb^]W c \QjYx ²Hf]W `Qfpo#q#W ²QfvW¬‡w\n^]r„o}x \_^Y^]WDc c WQŸ°c WYX­`[XpXv\[r"x `Q^poŒWn^­d[\Dm`Yx§^]W[X
d[Ž W[œkZkWkq}o}x X]W_‚Yu"`my[o3s]\Qd[Wlçb|¥–9·n\nfY^]»]`Yq+`W[oH`bc x ŸYèYéYébë[˜ÀŸbc `myko3s]\DdkWd[WYX`[q a"q#W[XdkWrp\n^Y^"`Yx X]X"`H^ rvW[X
–9¤ f„o3s"x WDqWkou]y[¦]‘[Ÿ Yè[˜\nf¸c `my[o+s]\Dd[W½dvWÃ~n\Dmx `H^™W[oVR\YrYspWÖ#è"ébéYè[˜X]\_^poRr"c `[XpX]yYW[X¸db`Y^vXrvW[oKoW


`YZYZbq#\[rYsvWn‚ ^ Z[W_fpo ` \nfpoWDq²Qf]W°c `¥my[o3s]\Qd[W°d[W°c Ž9z | “ho#`vowWDmWn^pod[W°l\nf"q+x oX]Wn^@–}èYébéYè[˜X]Ž¢x¢^pX]r]q+x o


`

yDjY`bc WDmWn^podY`b^]X¥rvW[oKoW`YZ[ZYq\[rYs]WŒ¦[x X[`b^po r[`Yq+`]r„owyDq+x XpWDqd[WbX°d[\Dm`Yx§^]W[X•dvWŒr]\_^Y^"`Yx XvX"`b^]rvW"XŒdvW


a

c Ž Wn^„o}qWDZYq+x XvW½dY`b^]X¸c Ž \na #W[rpo#x ‡d[Ž \_apowWn^[x q fY^]W½mWDx c c Wnf"qW¦"x X"x§a„x c x oyXYf"q r]W[o `krpo}x ‡ˆW[od[Ž¢`YmyDc x \DqWDq`bx¢^]X[x€c `
¦"`bc \Dq+x X[`vo}x \n^°d[W[X¥rv\D^b^"`Yx XpX"`Q^pr]WbXY‚upWYXÃr"`bqo\Dj[q3`YZHs"x W[X¥X[f]x ¦"`Q^„owWYXÃX]\_^poed[W[X¥W[œ]WQmZYc WYX¥d[WŒr]`Yq}owWbX
qyD`Yc x XvyYW[X,XvWDc \D^r]WkoKowW`YZYZbq#\Yr[svWn‚

ë
       !  ""# #"$# "% &   !'("#)

| [W o9owW dbx rbs]\[ow\Qmx W¯y[o}`Ha"c x oZY`[q({€q+mx§^]W –#èYé[éYì[˜XYf]qc WYX `YZbZ"q\Yrbs WbX r"`[q}ow\DjYq+`YZbs"x ²Qf]W[X¯Z]\QqoW ZYc§fpX
ZY`Yq}o}x rYf[c x ”DqWDmWn^poQXYf"q¹G JY‰Š nJY‰ nJCFJ nC7EY‰YJ [´Fµv´FI hBžGKIKJ ¶ DµYI9‰Y‰Yµ D¶bJY‰ * €C nµ DIK‰bµv´ I c Ž \Dq+x jYx§^]Wd[W
  `h 3 4 3 % 3  k 3 4a

c `žr]\n^prvWDZvo}x \n^d[W¸c ` r"`Yq}owWžW[oRq#W_^ ¦v\Dx W !fY^d[yna"`vo€Xbf"q c `¾^"`vo3f[q#W¸dkW¡c ` r]\n^b^"`Yx XvX"`b^]r]Wž\Dq+j[`Q^"x X"`vo#x \_^Y^pWDc c Wn‚hu"`
>a

ZYqWDmx ”DqW`bZ"Zbq#\[rYsvW¦]\Qx o€c `Mr]\n^[^"`bx XpX[`Q^]rpWrv\DmmWžc x yYW`Hfd[yY¦]WQc \DZbZ[WDmWn^„oHW[o€d[yDq\nf"c WDmWn^po€d[Ž9fY^eZYq\[r]W[X]XbfpX


\Dq+jY`Q^"x X"`vo#x \n^b^]WDc]Zb`Yqo#x rbf"c x WYq Qc `MX]W[r]\n^[d]W¦v\Dx o_c `r]\n^b^"`Yx XvX"`b^]r]Wrv\DmmWž`]XvXp\Yr"x yYW d[WbXZYq+`vo}x ²QfpWYXmy[o#x WQq€`Qf
% 4a

X]W_^]Xd[WYX·Ts]yY\Dq+x W[XXbf"qTc W[X| \Dmmf[^"`Qf„owyYXdvW™~€q3`"o}x ²Qf]Wž–K¼ÁWn^"j[WQq3Ÿ ,+]˜7‚Y| W[oKoWd[WDqÀ^"x ”Qq#Wž`"ZbZYq#\[rbs]Wr]\n^]dQf[x o




a d[yY¦]WQc \DZbZ]WQqnd[WYXr[`Yq}ow\DjYq`YZQs"x W[X dkWYXr]\Q^Y^"`Yx XpX"`H^ rvW[X dbx oWYXšmy[o}x WDqn›Q‚

-.0/132(4576 585:9:4#57;975:6 2(46 <82(41=<>42;#4@? /A58B#C:6 D:2(DEFHG IJG(K0LM4:2;4#5N2=13/:O:/9QPA;4 RS#S? 41T3UV#VWQX

ì
R¨ WŒ‡#`Yx oG¢J nC €¶bJY‰[‰QBD‰ 9EQG µY³ €C7µv´FI nJŒ¶YJb‰Œ¶YµYC+´ nC µ DI9JY‰ nJY‰—¶ DµYI9‰Y‰[µ D¶YJY‰ŒJY‰"´¡¶YJQG9BDI }B DJ
h  b!m 3   k `hl b % 3 !m %

¶YµYCÀ´ nC7µ DIKJ¶ DI ´ I HJ°`Hf XpWn^vX dvW—©fp‡K‡– Yév˜ Ÿ| \"XvX]W[o9owW—–}èbéYé ˜ÀŸ{€d[Wn^–#èYé[é Y˜W[ou"`Q^]jv‡#x WQc d[¿ “Tmx o3s
@k `hl k   

 – Yèv˜ ‰Yµ €I9CG µC7J nCFEb‰YJ v´ µv´FI B ™‰Y¶ YEYŠ µ¶ kI ´ I B ™µY¶v´FJQBDC TB }B nC TB nJ 9µY¶„´ JHBDCF‰‰HBDC
 `h 3 \!m % 6l k  f !m %  >!m %Uk  h !m

%K B €³ ÀJv´ nµYC+´FIK¶HBnG IKJbC¥J µbIK‰Yµ [´G J ¶ €I  B DJ CËJ nC7EY‰YJ [´Fµ„´ I ¶ HJ [´FI DJQG9G J µHEbJ ‰QBDCG µ
h 3 f 3 6l !m % `h 3   3 %

HI9‰QBDµQG I9‰Yµv´FI n‚Tu"`¾r"`Yq}owWqyDZ[\n^"d Ác `Á²Qf]WYX„o}x \n^„šr]\QmmWn^poR¦]\b‘]WYƒp¿+¦p\nf]XžrpW[oR\na W[o Y›W[oRWYXpoRrv\n^]ªYfvW!Z[\_f„q


 ]a

`Yx d[WDqc Ž `krpowW_f"q\Qf c W•jbq#\nf[Z[W•dkŽ `vrpoWnf"qX @X]Ž \Dq+x Wn^poWDqXYf]qX]\n^¥`Q^"`Yc ‘pX]WŒd[WrpW[o\na W[o– RWDqXpo#q3`kW[owWDŸ Yì[˜7‚
Sa :

| \DmmWc W¥Xp\_f"c x jQ^]W_^po,| \YXpX]WkoKowW@W[o¤f"d[Wko– Y˜ Ÿc `¥dvyDm`bq#rbs W@r"`[qo\DjYq+`YZbs"x ²Qf]WÃWYXpom`bq3²bf]yYWZ"`bqB DJ


 %

 I [´FJYC7µY¶v´FI ½J [´FCFJ¾´FC €IK‰µb¶v´ JHBDCF‰M c Wrv\n^]rvWDZvowW_f„qd[W½c `Ár"`Yq}ow\Djbq#`YZQs"x WÖKrvWDc¢f[x€d[\n^„o c WXvrYs]yQm`Árv\kjH^"x o#x ‡ WYXpo
 3 

r"`bq3`vrpoyDq+x Xvy"˜TW[o€c Wr]\_^]X[f"c o}`Q^po wrbs]WDqr[s]Wnf"qT²bf"x[`Yx d[W c ` mx X]W Wn^‡\Dq3mWdkWc `r"`bqo\DjYq#`YZHs"x W XpWDc \n^ed[W[Xm\Qd[WYX
?c a

d[Wžq#WDZbq#y[X]W_^po}`vo#x \_^–¦"x Xbf]WDc XW[onr]\_^ rvWDZvo+f]WDc Xp˜ rbs]\Dx X[x X`QfZYqyD`Yc `Qa"c W™–#ZQs"`vXvWd[W r]\n^pr]WQZvo}x \n^]˜ QZQf"x Xec Ž9fpo}x c x X"`"owWnf"q 

d[W™c `r[`[qoW¡²Hf"xYd[\Dx o€X]Ž¢`YZ[ZYq\DZ[q3x WDqRc `qWDZYqy[X]Wn^„o}`vo#x \n^W[o x§^poKWDq+ZYqy[owWQqRc WYXd[\Q^Y^vyYW[Xq#WYZYqy[X]Wn^poyYWYXZ[\nf"qTZYqWn^]dYqW


fY^]Wd[yYr[x X[x \n^Y‚

"u `r[`"q+`[r„owyYq3x Xpo#x ²Hf]WdbfZYq\YrvW"XvX[f]XdvWrp\n^]rvWYZvo}x \n^d[W[Xr]`Yq}oK\DjYq+`YZQs[x W[XdvWYXr]\_^Y^]`Yx XvX]`Q^]rpWYXW[œYZYc x ²QfpWc `¦[`Yq+x y[oy
d[WYX ‡w\Dq+mWbX°d[Wr"`Yq}owWYXb‚·€\nfpoW[‡w\Qx X¥rvW[oKoWŒ¦"`[q+x y[oyŒX]Ž W[œkZbc x ²Hf]W>`Qf]XpX[xZY`Yq c `ŒmMf"c o}x ZYc x r[x oy>d[WYX FI DµQG¢I ´FEY‰Œ²Qf"x )f 

Z[Wnfv¦]Wn^po [o#q#WÃ`voKoWn^"dQf]W[Xd[W½rvWYX™r[`Yqo\DjYq#`bZQs"x W"Xb‚€¤ˆx§^]X"x£{ ZbZYc WQq–#èYéYé ˜dYx Xpo#x¢^[jQf]W ë!ow‘[Z[W[X!d[W†r"`[q}owWYXÁX]WDc \n^


c Wnf"qX‡#x¢^[`Yc x owybX

u]WYX¥š ] "`_ 8!1 ›°²Qf[xRXv\n^pod[W[XÃr"`Yq}ow\YjYq+`YZQs"x W[X¥d[Ž Wkœ"Z[WDq}o}x X]WW[oqyDZ[\n^[d]W_^po °c `
":&2+ aZ$%, a

²Qf]WbXpo}x \n^ˆ\ ÃZYf[x Xv¿ W o}q\nfp¦]WDq²Hf]WDc ²Qf]Ž¢fY^òYf[xRX[`Yx orvWDc ` Ã| WYXr[`"q}owWbX x d[W_^po}x ‡}x Wn^poc WYXÃx¢^]dYx ¦"x dQfpX½Wko
²Qf"`bc x ‡}x Wn^poDc Wnf"qQW[œYZ[WDq}o}x X]Wn‚

u]WYX.š ] "`_ 8!1 › ²Qf"xX]\_^po!d[W[X0r[`"q}ow\QjYq3`bZQs"x W"X.d[WZ[`vo}q+x m\Dx§^]W$–#`QfXvWn^pX d[W
,-,6:;aZ$%,

šXpow\br"»›[˜d[Wr]\_^Y^"`Yx XvX]`Q^]rvW"XÁW[o²Qf"xTqyDZ[\n^]d[Wn^„o †c `†²QfpWYXpo#x \n^Tr]\DmMa"x Wn^!d[W†X"Z[y[r[x `Yc x XpowW[Xd[WoWDc


a

d[\Dm`Yx§^]W`[¦]\n^pXv¿F^p\nf]X 

u]WYXŒš ]3" _  813 ›Œ²Qf"xZYqy"XvWn^poWn^poc W[X—a]W[X]\Dx§^pX°Wn^¥rv\Q^Y^"`Yx XpX"`Q^prvW"XŒZ[\Qf"q¾f[^
&23+:&@ a-$%,

d[\Dm`Yx§^]W®Zb`Yqo#x rbf"c x WYq†W[o½c WYX c x Wn^vX Wn^„o}qWr]WbX dYx ‡K‡yDqWn^poKX d[\Dm`Yx¢^vWYX dkWrp\n^Y^[`Yx X]X[`Q^pr]W[XY‚Á{€c c WYX

ê
qyDZ[\n^"dvWn^„o †c `†²Qf]WYX„o}x \n^Rd[WòQf]WDc X™o‘"Z[W[Xd[W½rv\Q^Y^"`Yx XpX]`Q^]rvW"X`[¦v\n^pX]¿7^ \_f]X½apWYXv\Dx§^!Z[\Qf"q²Qf]WºowWDc
a

ZYq\Yr]W[XvX[f]XX]\Dx oYW[‡K‡WYrpo#x ‡ 

u]WYX>š
] "`_ 8!1 $$%8  !" ›*²Qf"xZYqyYXvWD^„owWn^po²Hf]WDco‘"Z[W0d[W—r]\n^Y^[`Yx X]X]`H^]r]W*d[\Dx o [o}qW
aZ$,

`YZYZbc x ²Qf]yYW²Hf"`Q^"d\n^` fY^eZ[q\na"c ”DmW\nfa]W[Xv\Dx¢^X[Z[y[r"x ‡}x ²QfpWn‚Y| WYXr"`bqoW"XqykZk\n^"d[WQ^po€`Qfpœe²Hf]W[Xpo}x \n^]X


²Qf"xhWYX„o c Ž W[œYZ[WYqo²Qf"xhZ[WnfpomŽ `Yx dvWDqX[x #Ž¢`YxQoWDcTZYq\na[c ”DmW ¾¤c `†dYx ‡9‡wyDqWn^]rpWÃdvWYX
 "] "`_ 8!1 "&+

a-$%, "ŸQx cY^vWX]Ž¢`YjYx o_ZY`kXd[Wr"`bqo\Dj[q3`YZHs"x WYq_ow\_fpowWYXc W"XWvœkZ[WQqowx X]WYXZ[q#y[XvWn^powWbXdY`Q^]Xc Ž \Dq+jY`b^"x X[`vo}x \n^m`Yx X
d[Ž¢x dkWn^po}x ‡}x WDq fb^]W™c x XpoW¡dkW¡dk‘]Xp‡\n^]r„o}x \n^Y^]WDmWQ^powX\QZ[yDq+`vo}x \n^Y^pWDc XZ[\[oWn^po}x WDc XXYf]XprvWDZvo#x¢a"c W[Xd[Wžr]\n^vXpo}x o3fvWDq
d[W½qyYWDc Xa"c \br"`YjvWYX¸dkW½c Ž¢`vrpo}x ¦"x owyWko d[Wr"`bq#`[rpoyDq+x X]WDq²Qf"xhZ]\_f"q3q+`Yx o `YZYZk\kq}owWQqc `†a]\n^[^]WX]\Qc fpo}x \n^¸Z[\_f"q
d[yDZb`[XpX]WDqQrpWZYq\na"c ”DmWXvŽ x c X]WZ[q#\DdHf"x X"`bx o+‚

u]WYXŒš
]3"`_ 
8 :1 R:L-8 "Z$%(!a-$3,›*²Qf"xZYqy"XvWn^poWD^„oc WYXr]\_^Y^]`Yx XpX[`Q^]rpWYX >`kr"²QfpyDq+x qžZ[\_f„q a

`vo9owWDx§^"dYqW>fb^½\na W[rpo}x ‡d[WŒd]yb¦]WDc \YZYZ[WDmWn^poW[oq#yDZv\n^[d[Wn^po °c `¥²Qf]W[X„o}x \n^²QfvWDc c WYX†rp\n^Y^"`Yx X]X"`b^]rvW[X


/a

d[WY¦v\n^pX]¿7^p\nf]Xd[y[¦]WDc \DZYZvWDqnZk\nf]qnc `Q^vr]WYqbowWDc c W^]\_f]¦]WDc c We`[r„o}x ¦"x oy 


u]WYX ] "b_ 81 "&2! "Ÿ
a-$3, !] "P_ 8 1 W[o c WYX
,-,6:,a-$ , ] "b_ 81 Xv\D^„o d[WYX
RL-8"-$%( 36a-$ ,

r"`bqo\DjYq#`YZHs"x W[Xžd[WYXrv\n^[^"`Yx XpX"`Q^prvWYXšmyko}x WDqn›™d[\n^„o¹c ` ‡}x§^k`bc x owy™WbXpo¹c Ž¢`Yc c \Yr[`vo}x \n^d[WÁq#WYXvX]\nf]qr]W[X ¡r]\nf"q}o \_f a a

m\Y‘]Wn^MowWDq+mWžW[oR²Qf"x[rv\n^po#q3x§aYfpWn^po ™c `žj[WbXpo}x \n^d[WYXqW[X]Xp\Qf"qr]W[X™sbf"m`bx ^]WYXb‚€upWYX`bfpo#q#WbXX]\n^po `kXpX]\Yr[x y[WYX`Qf„œ


9a

`YZYZbq#\[rYsvW"XZYq\YrpWYXpXbf]WDc c WbX dkWec `rv\Q^Y^"`Yx XpX"`Q^prvW\Dq+j[`Q^"x X"`vo#x \n^Y^vWDc c Wn‚

 D¶YJYC Dµ [´¥G µ €C7ŠJ nJ ¶YJb‰0¶YµYCÀ´ nC µ DI9JY‰¾B DJ.¶YJYC+´FµYI DJ €Š nE DEYI ´FE.EYŠJYC nJQ‚žz cXvŽ `Yjbx o¸d[W
  3 f@  @k `hl %  l k 3 k

m \na"x c x X]WDqc W"XºowW[rYsb^]\Dc \kjbx WYX½²Hf"xˆ`vXvXp\Yr"x Wn^po,d[WbXÁ‡w\n^]r„o}x \n^[^"`Yc x oyYX dkŽ `Q^]`Yc ‘]XpWd[Wa"`vX]WYX½d[W¥d[\_^Y^pyYWYXW[od[W[X
owWbrYsY^"x ²Qf]W[Xd[W¦"x XYf]`Yc x X[`vo}x \n^R–+{€ZYZYc WDq+Ÿ"èbéYé ˜7‚

 A4      !"  #  $ ; &% '() * ;#4%L 6 C:1(B#58B +=2#B9,-. -,!)/! $ ;4LA6 <:;10=4:2
 2 3
2=6 2=1(4; 4>P:4 S? 4;4#57B982=6 ? 5NC8B 9>2(B<:B
58B<>258B9 O:4<>2 AB 6 ? 6 58D#5

+
u]Wo}`Qa[c WD`Hf r"x ¿À`bZYq”YXXp‘Y^„o3s]y[o#x XvWec `d[y[‡}x§^"x o}x \n^d[WYXr"`Yq}ow\Qj"q`YZQs"x WYXd[W[Xr]\n^Y^]`Yx X]X]`H^]rpWYXY‚
€I [´ nJ €BDJ$‰QBDC—G¢µ DIDµQG¢I ´FE €C €¶YJY‰Y‰QBD‰ nJ
z¢d[Wn^po#x ‡#x WDqQWkok¦[x Xbf"`Yc x XvWDqnc WYXr]\Q^Y^"`Yx XpX"`H^ rvWYX €CFŠ J
%  

¶ DµYI9‰Y‰Yµ D¶bJ
 
% 3
Zk\nf"qnZYqWQ^"dYqWfY^vWed[y[r[x X[x \Q^ ¶ D¶YJ b´ I
 Ph 

 DµYI9‰Y‰Yµ D¶YJ     $   $ -,! 


¦YfvW0r]\DmmW c x y[W .fY^  L6 <:R/E? 6  2(D@T ;# 4@1=9#? /<>;;58D#2(C:46 6 5:<6 >'BU<V#V#9:X /? 6 2(DA; 9#<7S13BC84#585 9>5
% 3

Ka

ZYq\Yr]W[XvX[f]X
\Dq+jY`Q^"x X"`vo#x \n^b^]WDc       *!    ,- ! /
ZY`Yq}o}x rYf[c x WDq 6 <:/? 6 2(D@;#4@? /;D#C:6 5:6 B< 13D58B? 9:2(6 B<A;#4AS1(B2 ? / 4
L7D2>B;#4A;#4@E 584<A4#2 9>/<%T(U#VVX

      )$ * -,!  | `Yq}owWr]\DjH^"x o#x ¦pW  | `Yq}owW


6 <:/? 6 2(D ;4 ? / ;D#C 6 5:6 B< /? ? B#C8/2(6 B< ;9 #2 B< ; 9#<
58C':DA/ C B<6 2(6 + ; 9#<
1(4#S1(D#5 4<>2(/2=6 B<
C8B<;:9:4<7 S#/132=6 1
1 2 13457;#4 .0B<<>/6 585 /<>C 4#5AT 9 26 414>2!:D>O*%" ' W#""#UX /#C 2(49#1 B9 ; 9#<:1(B9:S#4 ;#2(4#4 C #<>B? B6 45
4>P S#41(2

; /C82(491 S#/1 ? 4 26 /6 5


 DµYI9‰Y‰Yµ D¶YJ      *" -,! / ; 9<>4 ; /<>/? :% 5 44#2;#4
6 <:/? 6 2(D ;#4 ? / ;#DC:6 5:6 B< /? ? B#C8/2=6 B<$? B #2 /? 4 ;#45
% 3 1(4#S13D584<:2(/#2=6 B<
¦YfvW¥r]\DmmW°c x yYW @d[WYX Wa C8B< O:4<>2=6 B<<>4? ? 4%/:P:D#4%5 9#1 
O 6 5:9:/? 6 58/#2 6 B<

ZYq+`vo}x ²Qf]WbX my[o#x WDq " +=B1 A/>2=6 B<>5


#
; 45
1 2 13457;#4 .0B<<>/6 585 /<>C 4#5AT 9 26 414>2!:D>O*%" ' W#""#UX
1(4#5858B9#1(C84#5 ? /O6 5:9:/? 6 58/2(6 B<
6 <
– *    ! # L7D2>B;#4A;#4&% B @  6 /<74#2 F BC'>4 T3UV#VU#X
#""$ ##"$#,+@.-:  / ˜ L(. T3EB9<)Q/13/@4:2/#? 6 #' UV#VU#X

   1 0  2*)  43,)5 - ! 


6 <:/? 6 2(D ;#4 ? / ;D#C:6 5:6 B< 6%6 ? B:2(/#4 ;#4 ? /? ? B#C /#2(6 B<
? B #2 /? 4@;#4#5 1(4#5858B9#1(C84#57 B :% 4<72(41 A 4
G .982(/:2(4A  4<82T L7B916 2(584<A4>2/? 6 #' UV#V#UX
=4> # ?A@$" !CB#@ @ AA-'D ("   " #   ! #A#""$ #"##

]u WYX r"`Yq}ow\Qj"q+`YZQs[x W[X™dvWYXrv\n^[^"`Yx XpX"`Q^pr]WbXšmy[o#x WQqn›™Xv\D^„o¹d[\n^vrd[WYXž“Tt,|Œ²Hf"x ŸhXvŽ x c Xžx dkWn^po}x ‡}x Wn^poRW[oˆd[\_^Y^pWn^po a

¦]\Qx qhc W[Xr]\n^[^"`bx XpX[`Q^pr]WYXd[Wc Ž \Dq+jY`Q^"x X"`vo#x \n^[Ÿ[Xp\n^poYo#q#”[X‡\Dq}owWYmW_^poHx§^p‡}c§f]Wn^]rvy[XZ[`Yq€c Wrp\_^powW[œvowWd[Wr]\n^pr]WQZvo}x \n^d[W


c `žr"`Yq}owWÁ–#q#WQZ"qyYXpWn^„o}`vo#x \n^ž²Qf]Ž¢`™c Ž \Dq#jb`Q^"x X]`vo}x \n^d[WžrvW¸²QfpW™Xp\n^poRc WbXr]\Q^Y^[`Yx XpX[`Q^pr]W[X"ŸH‡}x§^"`Yc x oyYXdkW™¦"x Xbf"`Yc x X]`"o}x \n^
¦"x X]ybW"X[Ÿ¥¦[x X[x \_^ dbf­rv\n^pr]WDZvoWnf]q—XYf]q*c WYX¬rp\n^Y^[`Yx X]X[`Q^prpWYX"Ÿm\Dd[WYX¬W[o>ZYq#\[rvW"XvXYfpX d[W qWYZYq#y[XvWn^po}`"o}x \n^
r]\_^]¦pWn^po#x \n^b^]WDc X`Yd[\DZ"owyYX ž˜F‚Qu]WZb`Yq#`YjYq+`[ZQs]W r"x ¿ `YZYq”bXXp\nf]c x jH^]W²QfvWc ŽKfpo#x c x X"`vo#x \n^Z[WDq}o}x§^]Wn^poWdvWrvW[Xe“Tt|ÃWYX„o
3d

yDjY`bc WDmWn^po[‡\DqoWDmWn^poYr]\n^„o}q+`Yx¢^„owWZY`Yqnc Wrv\n^powWkœ]owWd[Ž9fpo}x c x X[`vo}x \_^Y‚


  !#"$%"&#'() *+## ,.-*/#"10 2' ) 3 

 46587

n~ Wn^"dY`H^po d[W ^ \Qma"qWnfpX]W[XÃ`Q^Y^pyYWYX½c WYXo#q#`[¦[`Qf œ dvW°qW"rbspWDq#rbs]WÃr]\DmmW c WYX½ZYq+`vo#x ²QfvW"X†\DZvyDq+`vo}x \n^Y^]WQc c W[X dvW
tWYXpo#x \_^d[W™| \n^[^"`Yx XpX"`Q^prvWYXW[o¹dkW¸tWYX„o}x \n^d[WYXžVRW[X]Xv\Qf"qr]WbXž©f"m`bx¢^]W[XXvWXv\n^poRd[y[¦]WDc \DZ[Z[yYXWn^žZ"`bq3`Yc c ”Dc WQŸ
XYf[x ¦[`Q^po!d[WbX ZY`Yqrv\nf]q#X.dYx X #\Qx¢^poX"Ÿ¾W[o¸rvW®`Yc \Qq#X ²Hf]Wd[W[X Zbq\[œkx mx oyYX WvœYx X„o}`Yx Wn^po½^v\[o}`YmmWn^po½²Qf"`Q^po½`bf
l`Q^"`Yj[WQmWn^„odkWYX¥|R\DmZ[y[oWn^]rpWYX–#lx q+`]¿ n\n^Y^"`[q+d[WDc ŸèYéYé[é[˜7‚ | WkoKowWX"x o3f[`vo}x \n^¥Z[WDq+dQf"qW°Wn^prv\DqWŒ`Qf \nf"q#d[Ž9sYf"x
:9

ZQf"x X"²Hf]WDŸYZY`[q_W]œ[WDmZYc WQŸ[XYf]q Qéj"q+`Q^"dvWYXWD^„o}qWDZYq+x X]WYX ‡}q#`Q^vª]`Yx XvWYXy[o3f[dYx ybWYXWn^d[y[o#`Yx c ¹²Hf"`Q^po c Wnf"q}XZ[\Dc x o#x ²Hf]W[X
% ; a

d[WVRWbXpX]\nf"q}r]W[X™©f"m`Yx§^]W[XZY`bq n\nf"q ^]\Dx X™–#èYéYéYêv˜ ŸnX]W_f"c WbX ™d[Ž Wn^po}qW™WDc c WYXmWn^po#x \n^b^]Wn^poRd[WYXdkyDm`bq#r[s]WbXd[W
29 4

tWYXpo#x \_^ d[WbX | \Q^Y^[`Yx XpX[`Q^pr]WYX`vX]Xv\[r"x yYW[X c Wnf"qX mx X]W[XWn^ ºf]¦"qWn‚
a

~n\nf"q}o}`Q^„o r]WbXd[WDq+^"x ”DqW[X®`Q^[^]yYWbX"Ÿ\Q^\_a XvWDq¦vW f[^®x¢^ oyDq ko r"q\Dx XvX"`Q^„o Zv\nf"qÃrvW[X®d[yDm`[q#rbspWYXW[o†ow\nf„o
ZY`Yq}o}x rYf[c x ”DqWDmWn^poRZ[\nf"q£c WYXr[`[qo\DjYq+`YZQs"x WbXdvWYXr]\_^Y^]`Yx XpX[`Q^pr]WYXšmy[o}x WDqn›žWn^Mo}`Q^poR²Qf]Ž \nfpo#x c Xd[W¸tW[Xpo#x \n^žd[W[X
VRWYXpXv\nf"qrvW"XM©f"m`bx¢^pWYXb‚Yu]W[Xy[¦]\Dc§fpo#x \n^vXc x y[WYX c Ž x§^]dYx ¦"x dQf"`[c x X"`"o}x \n^d[WZYc§fpXWn^ZYc¢fvXx mZ[\Yq}o}`Q^poWd[Wc `j[WbXpo}x \n^
a

dQfX"`Yc `[q3x yrp\DmmWc `ž^]y[r]WbXpX"x owydkW‡}`bx qWyY¦]\Qc¢fpWDqTc W"Xr]\Q^Y^]`Yx X]X[`Q^pr]W[XW[oHrv\DmZ]ykowWn^]rvW[Xed[W[XX]`Yc `Yq3x y[XedkWZYc§fpX
Wn^ZYc§f]X q3`[ZYx d[WDmWn^po Z[\Qf"q†XvŽ `Ydb`YZvowWYq¥`Hf œ rYs[`Q^"jvWDmWD^„owXd[Ž \Dq+x WQ^po#`vo}x \n^ Xpo#q3`voyDjYx ²QfpW(d[W®c Ž \Qq3jY`b^"x X"`"o}x \n^
W[œYZYc x ²Qf]W_^po c Ž¢x§^powyDq [o dvWYX ¨ˆx qW[rpo#x \n^vXd]WbXVRWYXpXv\nf]q#rvW[Xž©ˆf"m`Yx§^]WYXZv\nf"qhrvWYXe“h‘vXpow”QmW[XY‚n{T^ZY`Yq+`Yc c ”Qc Wžc `žc \DxYdQf
=< + v`Y^v¦"x WkqèYéYé[ëÁX[f"qc `¾r]\nspyYX[x \_^Xv\"r[x `bc W†–}dbx oW½c \Dx n\Dq3c \[\Y¿7u"`Yqrbs]WYq#˜x mZ[\[X]Wd[yYXv\kq+m`Yx XÁc `mx X]WÁWn^¸ZYc `[r]W
19

d[Ž9fY^]WŒtWYXpo#x \n^~€q#y[¦[x X[x \n^[^]WQc c W•dkW"X{€mZYc \Qx XÃW[od[WYX¥| \YmZ[y[owW_^]r]WYX@–}t~T{€| ˜W[ox¢^vr"x owW °qy[‡}c yYrbs"x q d[WYX
a a

^]\nfv¦]WD`bfpœ\nfpo#x c XedvWžZYx c \[o#`Yj[WdkW"Xr]\QmZvy[oWn^]r]W[Xb‚]¤ˆx§^]X"x ŸDc WYXmx X]WbXWQ^ ºfp¦"qWd[WrvWYX“ t|ÃX]Wžmf[c o#x ZYc x Wn^po€`Qf
X]WQx¢^dkW"X \Yq3jY`H^"x X"`"o}x \n^]Xž–+zK^]X„o}x o3fpo ˆ`vo}x \n^"`YcQd[WÁVRW[rYs]WQqrYs]WžW[oRd[W¸“hyYrbf"q3x owyÁ–+~nWDx cbW[oR`Yc x Ÿ€èbéYé ˜ Ÿh©R‘"d[q\ f]WQa]WYr ?>

`Qf|`Q^"`[dY`¾– n\nf]q3dYx XW[o `Yc x ŸnèYéYé [˜ Ÿn|s"q#\Q^]\QZ[\[Xpo€Wn^èYéYébì º‚nz c XX]\n^„oRfpo}x c x X]ybWYXZY`[qTW[œ[WDmZYc W™Z[\nf]qR`Q^po#x r[x ZkWkq
$9  @ d

c WYXyY¦]\Qc fpo}x \n^]X\Qq#jY`Q^"x X]`vo#x \n^b^]WDc c WYX½c x y"WbX½`Qf œ d[yDZ[`Yq}owX½m`[XvX"x ‡wX †q#W[o#q3`bx oW dkW"X½šMa"`Qav‘p¿Fa]\b\DmWYqX›\nf½Z[\Qf"q
Fa

x d[Wn^po#x ‡#x WDq£c WYXdk\Dm`bx¢^]WbXd[Wžr]\DmZ[y[oWn^pr]W[Xd[WYXrv\Dc c `ba]\Dq+`voKWnf"qX²Qf"xH^]WžX]WYq3`bx Wn^„o ZY`[XX[fp‡9‡}x X"`YmmW_^po€W[œkZbc \Dx owybX
dY`Q^vXc W[X`vrpo#x ¦[x oyYX`vrpo3fvWDc c WYXd[W™c Ž \Dq#jb`Q^"x X]`vo}x \n^W[o Z[\nf[q#q3`bx WQ^po d[\_^Y^]WDqRc x WDf`Qfd[yY¦pWDc \DZYZkWDmW_^po d[Ž¢fY^ž^]\_f ¦vWD`bf
d[\Dm`Yx§^]W d[Ž `krpo}x ¦"x owy.Xpo#q3`"owyDjYx ²Qf]W Z[\nf]qc Ž Wn^po#q#WQZYq3x X]Wn‚žu]Ž9fpo}x c x X[`vo}x \n^0d[W rvW[X’“Tt| Zb`Yqc WbX0¨ˆx q#W[rpo#x \_^]X0d[W[X

2 /  + 2
0R<>2=1(4#S16 58457;9A. .CBV
A

D .04132(/6 <:4#5N;#4@C84#5N4>P:SD1=6 4<>C 4#5A<:458B< 2S/#5NS9 ? 6 D#457;#/<>5 ? 4#5A1(4>O9:4:57/#C8/;#D 6 9:4#5 <#6Q;/<>5 ? /AS13458584 A/6 5 58B<826 ;4<>2 6 6 / ? 45
;#/<>5A? 4(  + *' 2
5 1(B9:S#4 A4<82(57S13B =4#585 6 B<#<:4? 5N4<  4#5 2=6 B<7;#4#5 .0B<<>/6 5 58/<:CQ45AT  13B9>S#4 .E %GF W .H? 9  #4 582 6 B<;4#5 .0B<<>/6 585 /<>C 4#5IH X 3
é
RV WYXpXv\nf"qrvW"X†© f"m`bx¢^]WbX™X]Ž WvœkZYc x ²Hf]W½`QfpX]X[x€ZY`Yqc Wº‡}`Yx o²Qf]Ž¢x c XÁXp\n^poZ[WDq}ªYfpX™r]\QmmW d[W[XÁ\Qfpo}x c X¾o}q”[X½f„o}x c WYXÁd[W
dYx `Yc \DjQf]Wž`[¦]W[rc W"Xdbx qWbrpo}x \n^]X\DZ[yYq+`vo}x \n^Y^vWDc c W[XXbf"qTd[WYXXYf }W[owX f"j[y[XXpo#q#`voyDjYx ²Qf]W[XZ[\Qf"qRc Ž W_^po}qWQZYq3x XpWn‚n¨RWM‡}`Yx o}Ÿ
_

c `m\na"x c x X"`vo#x \_^ZY`Yq€c WYX¨ˆx qWYr„o}x \n^pXedkW"XMVRWYXpX]\nf]qr]W[X©f"m`[x¢^vWYXedvWMowWYr[sY^[x ²QfvW"X\Qfe`[ZYZYq\[rYs]W[XqWDc WY¦"`b^po€d[Wc `


Z[Xv‘prYs]\Dc \DjYx W™\nfžd[W!c `žXv\Yr"x \Qc \Djbx W†^]Ž W"X„oˆZY`vXo\nf \nf"qX r]\YmZYq3x X]WZ[`Yqc W"X™dYx qWYr„o}x \n^pXž\DZ[yYq3`"o}x \n^Y^]WDc c W"XžW[oˆqWQ^"d
ZY`Yq}‡w\Qx X0dYx ‡K‡#x r[x c W c ` f]X„o}x ‡}x r"`vo#x \_^’d[W.r]WYq}o}`Yx§^]WYX0dvyYr[x X[x \n^]X[‚ ¨ˆ`H^]X*r]W0rv\n^powWkœ]owWQŸc WYX—r"`Yq}ow\Djbq#`YZQs"x W[X0d[WYX
r]\_^Y^"`Yx XvX"`b^]rvW"Xšmy[o#x WQqn›YŸYW_^eZYqyYX]W_^po}`Q^„o_c WYXrp\n^Y^"`Yx X]X"`b^]rvWYXd"`H^]Xfb^r"`YdYqW²bf"xvXvW¦]WQfponr]\QmZYqynspWn^]X[x¢a[c W
ZY`Yq_o\nfpX–#fb^]Wr"`Yq}owW[˜ ŸY\k‡K‡}qWn^po€c Ž \DZbZ[\Yqo+fY^"x owydkWmx WQfpœe`kXpX]\[r"x WDqTc W[XdYx qWYrpo#x \_^ X\YZ[yDq+`vo}x \n^Y^pWDc c WYX`Qfpœd[y[r"x X"x \n^pX
d[Wj[WYX„o}x \n^ dkWYXq#W[X]Xp\_f"qr]WbXsbf"m`bx ^]WYXb‚

` Z[yDq+`vo}x \n^Y^vWDc c WDmWQ^po}Ÿhr]W¾ow‘[Z[Wd[W¸r[`Yq}ow\DjYq+`YZbs"x WYX™q#yQZ]\_^"d ÁZYc¢fvX"x Wnf"qXÁa]WYXv\Dx§^ XžWn^™m`vo}x ”DqW!d[WtWYXpo#x \_^¡d[WbX


\a

VRWYXpXv\nf"qrvW"Xº©f"m`bx¢^]W[Xb‚n·€\nfpo dkŽ `Qav\Dq3dÁrv\DmmWÃ^]\_f]X¸c Ž `[¦p\_^]X™X]\_f"c x jb^]y½ZYc§f]Xs"`Hfpo}ŸTrvWYX™r[`"q}ow\QjYq3`bZYs[x WYXÁd[W[X


r]\_^Y^"`Yx XvX"`b^]rvW"Xšmy[o#x WQqn›\[‡9‡}qWn^po€fY^vW¦"x X"x§a"x c x owyZ[`Yqhd[\Dm`[x¢^]Wžd[Wr]\_^"^[`Yx XpX[`Q^pr]WYXd[Wc Ž \Yq+jY`Q^"x X"`vo#x \n^W[oHd[WrvW
‡}`bx oHdkyYr"c \Dx X]\n^[^]Wn^„oHc `jvWYX„o}x \n^dvWYXr]\DmZ[y[oWn^pr]W[X`Qf„o}qWDmWQ^poYo#q#”YXc x yYW c `j[WYX„o}x \n^ dkWr[`Yq#q+x ”DqW[Xx§^"dYx ¦[x dQfvWDc c W[XY‚
a

u"`Mr"`Yq}ow\Dj[q+`YZQs"x WX]WžqyY¦v”Dc W`bx¢^]X[xbfY^o#`Qa"c Wk`Hfed[W¾a]\Yq3d qyY¦]yYc `Q^po€c Wžš‡#x on›dQfm`Q^[`Yj[WDmWn^po€d[WYXrv\DmZ[y[owW_^ rvWYX


¦"x X]¿ v¿3¦[x XdvWYX\Qq3x Wn^po#`vo}x \n^pXX„o}q#`voyDjYx ²Qf]W[XdkW¡c Ž \Dq3j[`Q^[x X[`vo}x \n^W[o¹ZkWDq3m W[oKo#`Q^po¹dHfm QmWžr]\_f„Z¾c Ž y[¦"`Yc§f"`vo#x \n^d[WÁc `
a

Z[WDq}‡w\Qq3m`Q^pr]W™dvW™c ` Z[\Dc x o#x ²QfvW™V©‚nupW™“ t|ÃWbXpoTfY^¦vyDq3x o}`Ha"c W TB[´ I}G nJ nIG Q´Fµ nJ Jv´ QJ hG¢µ DI FIK¶bµv´ I ¸S TBDI
;  ;h  `k  Ih 3 f 

h nJYC7ŠJv´ nJ nC J nC7J nJ[‰ nE[¶YIK‰YI D‰ KµHGKG €¶bµv´ I nJ™CFJ[‰Y‰ TBDCF¶YJY‰ ™Š HJ ™Jv´G ¾´ JYC7ŠJQ‚h{T^‡w\n^pr„o}x \n^
_ %h 3 \ \  \!m  H   3  k

d[W­c `(j[q+`Q^Yf"c `bq3x owy­dkW±c Ž¢`Q^"`Yc ‘pX]W(d[WYX rp\_^Y^"`Yx XvX"`Q^prvW"XZbq#\DZk\"XvyYW(ZY`Yq¥c `r"`Yq}owWQŸ½c `r[`Yq}ow\Dj[q+`YZQs"x W(d[W[X
r]\_^Y^"`Yx XvX"`b^]rvW"X$šmy[o#x WDqn›%Z[WnfpoÃyDjY`Yc WDmWD^„o X]Ž¢`[¦vykqWDqB TB[´FIG†B[´ I}G J TBDC5G¢µ nCFI9‰YJ nJ nEY¶bIK‰YI
% h3 h   

!m  KµHGKG €¶bµv´ I nJŒ¶ DµYIK‰b‰Yµ D¶YJY‰ Œ¶ TBDC+´´FJYC7ŠJŒZ[\nf[qc Ž \Dq+jY`Q^"x X"`vo#x \_^°d[Ž yQ²Yf[x Z[WbX°dvWo}q+`[¦"`Yx c§‚{T^p‡}x§^"ŸWn^
b % 3 

o}q+`Q^]X[mWkoKo}`H^po€fY^]W¦[x X[x \_^Z"`bqo#`Yj[yYWXYf"qQrvW²Qf]WXp\n^„oHc WbXd[\Ym`bx¢^]WbXd[Wrp\n^Y^[`Yx X]X[`Q^pr]W[Xd[Wc Ž \Dq3jb`Y^[x X[`vo}x \n^"Ÿ[WQc c W


Z[Wnf„o@dkWY¦]Wn^[x qŒ`[rpr]WbXpX]\Dx q#WQmWQ^poŒB TB[´FIG nJ¬¶ DEY‰YI I [´FJYC DJQ‚½| W q Qc W d[WYXr"`Yq}ow\Dj[q+`YZQs"x W[X(d[WYX
%  F l ?  

r]\_^Y^"`Yx XvX"`b^]rvW"X@r]\DmmWŒ\_fpo}x cd[Ž¢`Yx d[W Œc `X"Z[yYr[x ‡#x r[`vo}x \n^¥d[WŒX]rbs]yDm`[X"Ÿ r"`[dYqW"Xd[W>q#yk‡wyDqWn^pr]WYX@W[or]\Qd[W[X


ba

Z[WDqr]WYZvo+f]WDc X`Qfpow\_f"qnd[Ž9f"^ZQs]y_^]\Dm”n^pWWYX„on^]\[o}`bmmWn^poDx d[Wn^po#x ‡#x yZY`Yqh©fp‡9‡n– Yé[˜7‚ :

Y
| Ž WYXpo€d[\n^prWD^o}`Q^„o_²QfvŽ \nf„o}x c"dkŽ `Yx d[W c `d[ybr"x X[x \n^d[Ž¢`Yc c \[r"`vo#x \n^d[Wq#WbXpX]\nf]qr]W[X m\[‘vWn^W[o rp\nf"q}oQowWDq+mW²Hf]W
4a a a

r]WbX“ t|¥Zbq#y[X]W_^powWn^„o c W™ZYc§fpXd[Ž x§^poyDq ko Z[\nf]qRc `tV ©‚ qTrp\DmmW™c WXv\nf"c x jH^]WQ^poRu]Wna"q+`voK‘W[oR~€`[X„ow\DqWDc c x ¿ RWDjbq#W
`

–#èYéYé [˜W[ou"`Yq\[rYs]W@–}èbé"é ˜ÀŸc W[X!qyYrpWn^„owXÁo}q`[¦"`Qf œXYf]qc `ZYq+x XvW d[WÃd[yYr"x X"x \n^!mW[oKoWn^poWn^½`v¦"`H^po,c W¥q Dc W¥d]WbX


X]rbs]yDm`vX¸mW_^po}`Qf„œ¸W[o d[WbXX„o}q f]rpo+f"qWYX¾r]\YjQ^"x o}x ¦]WYXÁd]W½c Ž¢`[r owWnf[qdY`Q^vX¸c `Zbq3x XvW½d[W½d[yYr[x X"x \n^Y‚£u"`d[yYr[x X"x \n^™WYX„o
ZYq+x XvWedb`Q^pXfb^,rv\n^powWvœvowW Td[\n^Y^]yW[oYX]\_f]Xc Ž¢x¢^„‡}c§f]Wn^]rvWed[Ž9fY^Xpr[s]yDm`rv\DjQ^"x o}x ‡Dd[\n^Y^vyn‚ Dµ nEY¶bIK‰YI 9µQGKG €¶Yµv´FI be  m   

 nJ CFJb‰Y‰ TBDCF¶bJ"‰ Jb‰p´ D¶ €C ¶bEYŠJ [´¥I ËGKBDJ D¶bEYJ DµbCG J ‰Y¶ DEYŠµ ¶ DI ´ I nJY‰ LˆIKC7JY¶v´ÀJHBDCF‰ nJY‰
 S3 f@ 3 bf 3 h &l k  f  K

SˆJY‰Y‰ TBDCF¶YJ[‰ BDŠµYI DJY‰B[´FIG¢IK‰Yµ"´ JQBDC7‰ nJºG µÁ¶YµYCÀ´ J DAB  nJHG £G µ TBDµHG I ´FE nJ†G µ nEY¶YIK‰bI TBDIRCFEb‰QBnG ´FJ nJ
  H &n  ] ] 9 H

m G }B[´ I}GKIK‰Yµv´FI nJ•G µ¥¶YµbC+´ nC µ DIKJ nE nJ nJ@G µ nJYCÀ´ I DJ D¶YJ nJY‰ÃEQG¢EYŠJ [´F‰ nJYC HBD‰ nµYC G J nEY¶YI nJHBDC
W k `hl S Ph 3  h ?  S 3 h h  C

 ¶ €Š ŠJJ HJYC bµ [´ˆB DJ ¶ ]´FCFµbI [´FJ‰QBDCG KµQG9G €¶Yµ"´ I nJY‰¶ DµYI9‰Y‰Yµ D¶bJY‰ 3¶ [´ J Y´FJ nJžG¢µ QEY¶YIK‰bI  q+Ÿ
3 %   Ym    % 3   4  Rn`

c WYX½rv\n^[^"`Yx XpX"`Q^pr]WbXX]\n^pod[WYX½qWYXpX]\_f„qr]W[XÃZY`Yq}o}x r[f"c x ”DqW[XY‚uvWnf"qr]`Yq3`vr„ow”DqWÃo}q”YXÃc `[q+j[WDmWn^poo#`[r"x owW – R\n^"`[»]`bŸ


 bë[˜ÀŸrbs"`b^"j[WD`Q^„o}Ÿd[‘Y^[`Ymx ²bf]WW[ox¢^]Xvr"q+x odY`H^ X¥c Ž `krpo}x \n^¥– ˆ`vowWbX]¿ lWDqrpWDq+ŸèYéYéYèv˜Wn^†‡w\n^„odkWYX¥q#WYXpXv\nf]q#rvW[X
dYx ‡K‡#x r[x c WDmWn^po€m\na[x c x X[`Qa"c WYXd"`H^]Xc Ž \Dq+jY`Q^[x X"`vo#x \_^Y‚DuvWnf]q€y[¦v\Dc fpo#x \n^WYXpo€c x yYW d[WYXdk‘Y^]`Ymx ²QfvWYXd[Ž¢`YZYZ[qWn^po}x X]X]`bj[W
;a

ZY`Yq}o}x rYf[c x ”DqW"X –9¤£q+jv‘"q+x X[Ÿ Yê +v˜TW[o€c Ž Wn^]XvWDma[c Wžd[W[Xo#q3`[¦[`Qf œeX[f[q c `tWYX„o}x \n^edkWYXe|£\n^Y^[`Yx X]X[`Q^pr]W[X`m\n^po}qy²Hf]W


c Wnf"qTmx X]WW_^ Áf]¦]qWdb`Y^vXec Ž W_^po}qWQZYq3x X]WZb`]XvXpWZY`[qTd[W[XZYq\[r]WYXpXbf]Xc \n^"jvX`]¦vWYrc Wnf"qXdv‘Y^"`bmx ²Qf]W[XZ"q\DZYq}WYXWko


dYx ‡K‡#x r[x c WDmWn^po m` }o}q+x X[`Qa"c WYX¥–9¤ˆc `[¦[x ŸèYéYé n\nfb^p‡w\nf[q3ŸèYéYé[é u"`Q^]r[x¢^[x ŸèYéYéYç[˜7‚ ^vW°dvyYr"x X[x \_^ Z[WYqo#x¢^vWn^powW@Wn^
89
o

m`vo}x ”DqW¡dkŽ `Yc c \Yr"`vo#x \_^MdkWrv\Q^Y^"`Yx XpX"`Q^prvW"XZb`[XpX]W™d[\n^prZY`bqRfb^]W™ZYq3x X]W™dvWžr]\n^pXvr"x WD^vr]W™d[W™c `žZY`[q}o dQfd[yYr[x d[W_f„q
d[Wr]WYXrv\D^„o}q+`Yx¢^„owWYXX]Z[yYr[x ‡#x ²Hf]W[XY‚
u]Ž Wn^]XvWDma[c WÃd]W†r]WYX`b^"`Yc ‘pX]WYX¾XYf"qc W"XÁr]\_^po}q+`Yx ^poWYXd[W½rp\n^vr]WDZvo#x \_^¸W[od[Ž9fpo}x c x X"`"o}x \n^!d[WbX™r"`Yq}ow\Qj"q+`YZQs[x W[Xd[WYX
r]\_^Y^"`Yx XvX"`b^]rvW"Xšmy[o}x WDqn› ^]\_f]XZ[WDq+mW[oHd[WZYq\DZv\YXvWkq_Wn^~€`Yq}o}x WžzKzQfY^X]rbs]yDm`d[Ž x§^poWDq3Zbqy[o}`"o}x \n^dQfc x Wn^W_^po}qW
r"`bqo\DjYq#`YZHs"x Wd[W[Xr]\n^b^„`bx XvX]`Q^]r]W[Xšmy[o#x WQqn›W[oDZYq+x X]Wd[WedkyYr"x X"x \n^d[Ž `bc c \[r"`vo#x \n^d[Wq#W[XvX]\nf]qr]W[XY‚

 *)    $      * ,&      )* 3,)   $*) !)$       $  "   )$*)5   )  $ !  4 . )$  !
 , 5     '3 3  3
  )$  2 % '
"! #  $ %T!>4 1(/#2 A42A%/#5 (2 B1(4? ? 6 F'& 41(4 :U#V#V B#X

è

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

,  !&,&!& %1"23(4%&657%861%"%"19

R\nf]XZYq#\YZ[\bX]\Q^]Xx r"xbfY^Xprbs]yDm`d[Ž x§^poWDq3Zbq#y[o#`vo}x \n^dQfc x Wn^WQ^po#q#W r"`[qo\DjYq+`YZbs"x Wd[W[Xrv\n^Y^"`Yx X]X]`Q^]rvW[Xešmyko}x WDqn›


W[oˆZYq+x XvW!dkW¸d[yYr[x X"x \n^™²Qf"x_^]\nfpX™Z[WDq+mW[oˆd[W¾‡w\Yq+mf[c WDqZbc¢fpXZbq#yYr[x X]yQmWn^„o ^v\[o}qW¸ZYq\na"c yDm`vo}x ²QfpW!dkW!qWbrYs]WYqr[s]W
XYf[qc ` Z[WYq}o}x§^]Wn^]rpWdvWc ŽKf„o}x c x X"`vo#x \_^’d[W.r"`bqo\Dj[q3`YZHs"x W[X dvWYX*rv\n^Y^"`Yx X]X]`Q^]rvW[X’šmy[o}x WDqn›Q‚· q\Dx X*yDc yQmWn^„owX
X]WQma"c Wn^poZ[\nfp¦]\Dx q [o#q#W½d[yYjY`bj[y[X¸Z[\Qf"q²Hf„`bc x ‡}x WDqc `†^"`vo+f]q#WdQf¸c x Wn^™WQ^po#q#Wr]`bqo\DjYq+`"ZHs"x W½dvWYXžrv\n^Y^]`Yx X]X]`Q^]rvW[X
šmy[o#x WQqn›žW[o¹Zbq3x X]W¸dkW¸d[yYr[x X[x \n^žd[Ž `bc c \Yr"`"o}x \n^d[W™rp\_^Y^"`Yx XvX]`Q^]rvW"Xb‚H| WYX yDc yDmW_^powX X]\Q^po¹qWDZYqy[X]Wn^„owyYXždY`Q^pXc W
X]rbs]yDm`r"x ¿ `YZ[q#”YXb‚
fgghLiLk lnmiLhpoqgw ln~)r s tk €k t{#vr
gw xLmjxLg ‚LiFr s xzotlzƒ8oxLyz„zk nhLre|

` a

8 C':D/
@BADCFE/GFH/H'I'H JFG

C8B<#6 2=6 +;4#5


 E)CLK'E/GLM'NPO CLK [1SFADNCL\FAS MF]FO G
E/CLKFKFSFO H/HSFK'E)GFH
C8B<>C84S#2(49#1(5
YWFNPO GLA
K'NGLAS'E)NPO CLK fgghjiLk lnmiLhpoqg r
Q R
E/CLK'E/GLM'NGLIFA TI'NPO U O HS'NGLIFA
s lnmjtr'uLtr
?
K'NGLAVPWLADGLK'E/G#CLI'NPO XU NPASFO NGLYGLK'NFGFN vnw xLyzyzgk s xFtk lqm
Q8R

8 C':DA/
Z O 
H F
I F
S U O 
H '
S P
N O L
C 
K F
J F
G H O K VPCLAY#S'NPO CLK'H
) @8ADCFE/GFH/HI'H vzreg x

C8B<#6 2=6 +;#45


JF_ I'NPO U O HS'NPO CLK
 vz{ s k iLk lnm}|

O SFO H E/CL\FKFO NPO VLJLI ;#DC:6 ;#49135


Q8b
JFWFE'O JFGLIFA
[CLK'H/EO GLK'E)G#JLI
Q
E/CLK'NG'cNG#JFGed&[

^BWFE'O HO CLKJF_ S U U CFES'NPO CLKJFG


ADGFH/H)CLIFAPE)GFH

   : 4?!4-'A "   D9;##   ! A :"" #"#1+@ >-   /:   -#  "&   #>  " 
 ## #

‚ A HJY¶MG µ¶YµYCÀ´ nC7µ DIKJ nJY‰¶ DµYI9‰Y‰Yµ D¶YJb‰ ŠEv´FIKJbC MG µ nEY¶YI9‰YI 9µQGG €¶Yµv´FI nJY‰¶ DµYIK‰b‰Yµ D¶YJY‰
@k `hl  % 3 =< 1>  4!m   % 3

JY‰v´´FEQG E hBDI nEYJ nµYCG¢JY‰CFJ nCFEY‰YJ ]´Fµv´FI D‰½Š J [´FµQG JY‰ 9B µY¶v´FJQBDC TB B nC TB nJ 9µY¶v´FJQBDCF‰‰HBDCG¢JY‰
Pk C h Ph   3 V!m %  !m %)k  h F!m

¶ DµYI9‰Y‰Yµ D¶bJY‰ €C nµ DIK‰bµv´ I DJQGKG¢JY‰ €| \DmmW†^]\nfvX¡c Ž¢`[¦]\n^vXX]\_f"c x jQ^]yZYc§fpX¸s[`Qfpoˆc `¾r"`bqo\DjYq+`"ZHs"x WÁWYX„o£Zb`Yq


% 3 \ k 3 % 6n

^"`vo+f"qWc W ZYq\Ddbf"x od[Wc `5XYfba #W[r„o}x ¦"x owyd[Ž9fY^0`[rpoWnf]q\nf0d[Ž9fY^ j[q#\nf[Z[W dkŽ `[r„owWnf]qX*XYf]q½c WZ[`vo}q+x m\Dx§^]Wd[W

ç
]r \_^Y^"`Yx XvX"`b^]rvW"Xb‚žu"`d[y[r"x X"x \n^d[Ž¢`Yc c \[r"`"o}x \n^e²Qf[xp¦"` ko}qWZYq3x XpW ZY`[qo#x qTd[Wc Ž9fpo}x c x X"`"o}x \n^ed[WrvW[oKoWr"`Yq}owWWbXpo€d[Wr]W
a

‡}`bx oDjQf"x d[yYWZY`Yqnc `XYfYa WYr„o}x ¦"x owydQf qWDjY`[q+ddkWrvWejYq\Qf"Z[Wd[Ž¢`]r„owWnf[q#Xb‚


;e èQ‚ Dµ nEY¶YIK‰bI ‰HBDC¥G KµQG9G €¶Yµ"´ I nJY‰.¶ DµYI9‰Y‰Yµ D¶YJ[‰.JY‰v´½E nµQG¢JYŠJ [´ €C7IKJ [´FEYJ nµbC¥G¢J ³nI9µYIK‰ hB
  Ym    % 3 `k 3 F 3 ^h 

h  nC €¶bJY‰Y‰QBD‰ nJ¶ D¶bJ [´FI nJ†G¢µCFJ nC7EY‰YJ [´Fµv´FI ½¶ HJ [´FI DJQG9G J Rz¢cnXvŽ `Yjbx o dkW½d[y[‡}x§^"x qc `¾‡w\Dq+mW½d[W½c `
D  `h F `h 3   3 % 6n

r"`bqoW¸W[oRd[WmW[o9o}qW¸WQ^ ‡w\Dq+mW¸c WbXr]\_^"^[`Yx XpX[`Q^pr]WYXb‚H| WYr[xDZ[`[XvX]W¸Zb`Yqfb^ZYq\"rvW[X]XYfpX™d[Ž yDc `Yav\Dq3`"o}x \n^ZYqy[r"x X²Qf"x


o}q+`Q^]X„‡w\Dq+mW c W†XprYs]yDm`Árp\DjQ^[x o#x ‡Wn^½f[^]W½qWDZYqy[X]Wn^„o}`vo#x \n^™rp\_^]¦]Wn^„o}x \n^Y^pWDc c W@–}c `Ár]`Yq}owWY˜7‚R¨ˆ`Q^]XÁc Wr[`Yd[q#WÃd]WrvW
ZYq\Yr]W[XvX[f]X!Zbc f]X"x Wnf]qX!x§^powWYq}‡wyDqWn^pr]WbX™X]\n^„o x d[Wn^po#x ‡#x `Ha"c WbXY‚h·H\nf„o d[Ž¢`Qa]\Qq3d†x c_‘!` f"^vW x§^powWDq+`vrpo#x \n^¾‡w\Dq}owW†Wn^po#q#W½c W
r]\_^]rpWDZvoWnf"q$W[o®c W rv\n^pXYf"c o}`H^po rYs]WDq}rYs]Wnf]q(²Hf"x—o}q+`v¦"`Yx c c W
Cc c ` r]\Q^]X„o}q f r„o}x \n^ d[W c ` q#WQZYqyYXvWn^po}`"o}x \n^
a

r]\_^]¦pWn^po#x \n^b^]WDc c Wn‚ ¤f]¿ d[WDc YŸc Ž9fpo#x c x X[`vo}x \n^¥d[W@owW[rYsY^v\Dc \YjYx WYXÃd[Ž `H^"`Yc ‘pX]WW[od[W¥¦"x XYf[`Yc x X"`vo#x \n^¥d[W[X¥x¢^„‡w\Dq+m`"o}x \n^]X
a

o}q+`Q^]X„‡w\Dq+mW¸`QfpX]X[xDc W™XprYsvyDm`¡r]\YjQ^"x o}x ‡ XvWDc \_^™fY^]W™\Qq3x Wn^po#`vo}x \_^d[y[‡#x¢^"x Wn‚b¤£x§^]X[xYWn^M‡w\n^]r„o}x \n^d[WbXowWbrYsY^"x ²Qf]W[Xžd[W
¦"x XYf[`Yc x X"`vo#x \n^žrYsp\Dx X"x W[Xž\n^¡Zk\Df[q3q#`¾\napoWn^"x qfb^¡qy[X]WD`Qf \nf™fY^™`Yq a„qWZY`[q W[œ]WDmZYc W_‚ u[`¸c WYrpo+f"qWd[W™rvWYXr[`YqoW[X
Z[\nf[q3q#``Yc \DqX ko}qWedYx ‡K‡yDqWn^powWr"`[qQ\Dq+x Wn^powybWeZY`bqnc WXp‘"mMa]\Dc x X]mWd[Wec `q#WDZbq#yYXvWQ^po}`vo#x \_^,rbs]\Dx X"x Wn‚
`e h çQ‚ Dµ nC7IK‰YJ nJ nE[¶YI9‰YI ‰QBDC G KµHGKG €¶bµv´ I nJY‰¶ DµYI9‰Y‰[µ D¶YJY‰‰YJ FµYI ´  nµYC´FIKC B TB[´ I}G DJ nCFEb‰YJ [´Àµ [´
   m  4 % 3 f h !m %  h 3 3

h nµY‰ G J.¶ [´FJ [´ J Kµ hG¢IK¶Yµ"´ I nJ G µ nEY¶YIK‰bI


 !m `h!h    u"`5r"`bqo\Dj[q3`YZHs"x W.d[W[Xrv\Q^Y^"`Yx XpX"`Q^prvWYXšmyko}x WDqn›
!n

qWDZYqy"XvWn^poWd[W[Xd[\Q^Y^]yYW[XXYf]q£fY^XYf"ZbZ[\Yqo€ZQs]‘pX[x ²QfvWn‚D¨RWžc `X]\QqoWDŸYWQc c Wx X]\Dc WW[o€d[\n^Y^vW ¦]\Qx q¹fY^eZQsvyD^v\Dm”_^]W


a

s]\DqXd[W½Xv\n^¸rv\n^powWvœvowWÃW[o,`Qap\nfpo#x o @fY^vW ZYq+x X]WÃd[W¥d[y[r"x X"x \_^!W_^ºm`vo}x ”DqW dkŽ `Yc c \"r[`vo}x \n^d[W¥qWYXpX]\_f"qr]W[Xb‚u]WYX
Na

r]\_^Y^"`Yx XvX"`b^]rvW"Xyko}`Q^po,x mm`voyDq+x WDc c WYX½c W_f„qq#WYZYqy[X]Wn^po#`vo}x \n^ZQs]‘]X[x ²bf]W¥c WYXq#yDx ‡}x Wn^poWkoowWn^"d Ãc WYX!q+`YZYZ[q\YrYspWDq
Ya

‡w\Qq3mWDc c WDmWn^po€d[Ž¢`[rpo#x ‡Xem`voyDq3x WDc XY‚Qu]WQf"qXX"Z[y[r[x ‡#x r[x oyYXWko ^]\kow`YmmWn^po€c WYXrv\Q^po}q+`Yx§^powWYXZ[`Yq}o}x rYf"c x ”QqWYXc x yYW[X c WQf"q a

yY¦v\Dc¢f„o}x \n^°W[o`Yc c \br"`vo#x \n^ŒdY`Q^]XŒc WYX°\Qq#jY`Q^"x X]`vo#x \n^vX>–r]\Q^poW[œ]oWd[Ž¢`YZYZYc x r"`vo#x \n^Œd[Wc `>dkyYr"x X"x \Q^]˜Á^]W>Xv\n^poZY`[X
qWDZYqy"XvWn^poyYW[X,Xbf"qnd[WowWDc c WYXr]`YqoWYXY‚

| qyYy[X ZY`[qo#x q†d[W.owWbrYs[^]\Dc \DjYx W[X m\_a"x c x X"`b^po!d[WbX m\QdYf[c WYX5Xp\DZQs"x Xpo#x ²Qfvy"X.d[W.o}q#`bx oWDmW_^po!d[Wd[\_^Y^pyYWYX
Ea

Xpo#`vo}x Xpo#x ²Hf]WYX"Ÿ¾r]WbX0r"`Yq}ow\Qj"q+`YZQs[x W[X d[WYX0rv\n^Y^"`Yx X]X]`Q^]rvW[X ZYqyYX]WQ^poWn^poWn^ ZYqWDmx WQq `Ha \Qq3dc Ž¢`YZYZY`[qWn^pr]W$d[W
c Ž \na #WYr„o}x ¦"x owyŒW[od[W>c `Œq+x jQf]Wnf"qMXpr"x Wn^po#x ‡#x ²QfvWn‚~€`Yq`bx c c W_f"q#X[Ÿc Wnf[qx§^powWDq+ZYqy[o}`"o}x \n^°Z[WnfpoX]WDmMa"c Wkq x¢^„o3f"x o}x ¦]W>`Qf„œ
fpo#x c x X[`vowW_f"q#X }d[y[r[x d[W_f"qXY‚z c X½q#Wko}q\nfp¦]Wn^poc @fY^vW qWYZYqy"XvWn^po#`po#x \_^ d[WYX½d[\_^Y^pyYWYX½²Qf]Ž¢x c Xr [o\Dx Wn^po db`Q^pX c WDf[q¦"x W
Zc a
Q² f]\ko}x dYx W_^Y^]W –Kr[`[qoW q#\_fpo}x ”DqWDŸZYc `b^d[Ž \Dq+x Wn^po#`vo}x \n^"ŸMr"`Yq}owWYX>dkW0X"x owW*iWna ¾˜F‚| W[Xd[WQfpœ`[X[Z[W[rpoXZvWnf]¦vWD^„o
d

r]\_^"dQf"x qWŒc WYXfpo#x c x X"`voWnf"qX¥d[Wr]WYX¥“Tt| d[yY¦vWDc \DZYZkWDqfb^ qWDjY`Yq+dd[y[‡w\Yq+my—–#x c c¢fvX"x \n^p˜XYf"qc `Œ^[`vo3f"qWŒd[W[X
a

d[\n^b^]yYW[XZYq#y[XvWn^powybWYXW[oYXYf]qnc W_f"qnx¢^„owWDq+ZYqy[o}`vo#x \_^Y‚[¨RWnf œjbq3`b^"d[WbX,r[`vowyQj]\Qq3x W[X dkŽ x c c§f]X[x \n^Z[Wnfp¦vWn^poD`YZYZY`bq#`o#q#W_


R N DJ™I}GKGKBD‰bI TBDµ [´ ¾G Kµ DµQG H‰bJ™¶YµYC´ nCFµ DI TBDJ™J FJY¶„´FBDEYJH‚€u"` r"`bqoW¡ZkWnfpo [o#q#W¸ZvWDq}ªYf]Wžr]\QmmW
 3 m  k `hl f f

\na WYr„o}x ¦]W `Yc \YqX(²YfvŽ WDc c W­WYX„oÇw\n^"dkyYW(XYf[qŒc `$XbfYa W[rpo}x ¦]x owy d[ŽKfb^±jYq\nf"ZkW­d[Ž¢`[rpoWnf]q#X$W[o¥XYf]qŒc `
o}q+`Q^]X„‡w\Dq+m`vo}x \n^!dvW†rpW[oKoW½XYfba #W[r„o}x ¦"x owy½W_^¸q#WDZbq#y[X]W_^po}`vo#x \_^™r]\n^]¦pW_^po}x \n^Y^]WQc c Wn‚ u]ŽKf„o}x c x X"`voWnf]qZ[Wnfpo`Yc \DqX
`[¦v\Dx qTc Ž x mZYq#W[XvX"x \n^ed[WžZYqWn^[dYqW™fb^]Wd[ybr"x X[x \n^Wn^o\nfpoWc§f]r"x dbx oy™–rYs]\Dx œZYq#\[rbs]Wd[W rpWDc§f"x[d[Wo\nf"q ^]WDq a

jY`QfvrYs]W\nfžo\nf"q ^pWDq †d"q\Dx owWXbf"qfY^vWr"`[qoW q\_fpo}x ”DqWY˜,`Yc \Yq#XÁ²Qf]WX"`dky"r[x X[x \_^™X]WYq3`!o}q”bXž‡w\Dq}owWQmWn^„o


_a

\Dq+x W_^powyYW¥ZY`[qc WYXq#WQZ"qyYXvWD^„o}`vo#x \n^vX¦p\Dx qW¥Z[`Yqc W"X\_a #W[r„o}x ‡wX½dQf½j[q#\_f"Z[W dkŽ `[r„owWnf]qX ½c Ž \Qq3x jYx§^]W d[W¥c `
Fa

r]\_^]rpWDZvo#x \n^d[Wc `r"`bqoW




R N DJI}GKG9BD‰DI TBDµ [´ †G µ €CÀ´ EbJ nJ†G µ nEY¶YI9‰YI nCFIK‰QJQ‚RuvWYX™r]\_^Y^]`Yx XvX]`Q^]rpWYX¾y[o}`Q^„o ZYqy"XvWn^poyYW[X
  h3 D D )h

s]\DqX°d[W>c WQf"qrv\Q^powW[œvowW>d[Ž¢x§^powyDjbq3`vo#x \_^¥\Dq#jY`Q^[x X]`vo#x \_^Y^]WDc c WQŸ,c WYX¥rv\n^po#q3`Yx§^poW"Xc x yYWYX Œc Wnf]q`bc c \Yr"`"o}x \n^
Wa

Z[Wnfv¦]Wn^po^]WZY`vX [o}qWZYq3x XpWYXžWn^žrp\DmZvowWn‚€| \DmmW!dY`H^]X™fY^vW¸X[`Yc c Wd[Ž yko}`vo¿Àm` \Dq3ŸTc W!dkyYr"x d[WQf"qZ[Wnf„o


x m`Yjbx¢^]WQq²bf]W¥c Ž¢`Yc c \[r"`"o}x \n^½d]WÃrp\n^b^"`Yx XvX"`Q^pr]W[XW[Xpo,`Hf XvX"xhX"x mZYc W †q#yD`bc x XvWDq²Qf]WÃd[W¥d]yQZYc `krpWDqd[WYX
Sa

ZYx \n^]XdkŽKfY^Z[\Dx§^po fb^`Qfpo}q}WXYf]qTfY^vWr[`YqoWn‚Yu"`Zbq3x XvWWn^r]\YmZ"owWd[WYXZY`Yq}o}x r[f"c `bq3x owyYXd]Wc `j[W[Xpo#x \_^d[W


a

r]Wko `[rpo#x ‡ Z[W_fpoR^]W™ZY`[X [o#q#W™x mmyDdYx `voWWko€rp\n^"dQf"x qW žd[W[Xd[yYr[x X[x \Q^]XWn^dvyYr[`Yc `[j[W™ZY`[qRq+`YZYZv\Dq}o r]W
\a ^a

²Qf]Ž¢x c€WbXpoq#yYWQc c WDmWn^poZ[\YX]X[x¢a[c WÃd[W mW[oKo#q#W†Wn^ ºf]¦]qWn‚h¤£c \DqX!²Hf]W½rvW"X“Tt|*X]\n^„o ¦bf]X¸rp\QmmW d[WbX


`[rvr]yDc yYq3`voWnf"qX™dY`H^ X™c `¸Zbq3x X]Wd[Wd[y[r"x X"x \n^¡dkŽ `Yc c \"r[`vo}x \n^™d[W[Xžr]\n^Y^[`Yx X]X[`b^]r]W[X"ŸhrvW[oKoW!x c c§f]X[x \n^™Z[\nf[q3q#`bx o
r]\_^"dQf"x qW ¯c Ž W[‡9‡wW[o x¢^]¦vWDqXpWDŸ—‡}`HfpowW d[W Zbq3x X]W Wn^ rp\DmZvowW dkW¯r]W¯rp\n^poW[œ]oW d[Ž¢x¢^poyDjYq#`"o}x \n^
a

\Dq+jY`Q^"x X"`vo#x \n^b^]WDc c Wn‚

¤T‡}x§^>d[W0d[y[owWQq3mx¢^vWkq¡X"xr]W[XŒd[Wnfpœ>x c c§f]X"x \Q^]X°Xv\n^poZ[qy"XvWQ^powWYX>c \DqX>dvW0c ŽKfpo#x c x X"`vo#x \n^>dvW>r[`Yq}ow\DjYq`YZQs"x W[X>d[W[X


r]\_^Y^"`Yx XvX"`b^]rvW"Xžšmy[o#x WDqn›¾dY`Q^]Xžc WYX \Yq3jY`H^"x X"`"o}x \n^]XWko¹d[W™²Qf"`bc x ‡}x WDq c `™ZkWDqo#x¢^vWn^]r]WÁd[W[Xd[y[r"x X"x \n^pXZbq3x XvWYXZb`"q
c Wnf"qTx¢^„owWDq+myQdYx `bx qWDŸ_^]\nfpXeZbqyYX]W_^pow\n^pXr"x ¿3`YZYq”[Xfb^]Wy[o+f"d[Wd[W r"`[XmWn^pyYWXbf„qTc WXbf #Wko_`Qf[ZYq”YXd[Ž9fY^pWdYx ƒ]`Yx§^]W
d[WjYq+`Q^"d[W[XWn^po#q#WDZ[q+x XvW[X Zbq#y[X]W_^powWYXWn^ÂDq+`Y^vr]Wn‚

ë
9
!&-.#/!&#9%" %&"# !&&,!& &%"238'%&650%( '9%"#%0# &#
!& ! 
* &%0#%3%,%&F  0#% *  ,'* 1!(#%,! /%&  

  "! #$%#'&)()*

¤T‡}x§^°d[Ž¢`YZYZYq\[‡w\_^"dYx qc Wo}q+`Yx oWDmWn^poed[WŒrvW[oKoW>²Qf]W[Xpo#x \_^"Ÿ^]\nfvX°`[¦p\n^]XmWn^py*fY^vW>`Q^]`Yc ‘pXvW>d[W>dYx Xpr]\nf]qX°d[W


¨ˆx q#WYr„owWnf]qX(d[W VRW[XvXp\nf"qrvWYX¬©ˆf"m`Yx§^]WYX¬fpo#x c x X[`Q^po°d[WYXr"`Yq}ow\QjYq3`bZYs[x WYX(d[W[X$r]\_^Y^]`Yx XvX]`Q^]rpWYX(šmyko}x WDqn›
j[yn^vyDq#y[WYXZb`"q£c Ž¢x¢^„owWDq+myQdYx `bx qW™d[W™c Ž \_fpo}x cY“£{T{H¿Ëg–\nfpo#x cbd[Ž `H^"`Yc ‘]X]WžW[o dkW¦"x X[f"`Yc x X"`vo#x \n^dvWYXx§^p‡w\Qq3m`vo}x \n^pX]˜ d[W™c `
X]\br"x y[owy·RVz  z l‚u]WŒrYs]\Qx œ•d[WX]WŒrv\D^vr]WQ^po}qWDqMX[f"qd[W[X¥r[`[qo\DjYq+`YZQs"x WbX°d[W[X¥rp\n^Y^[`Yx X]X[`Q^pr]W[X°šmyko}x WDqn›
o

fY^"x ²Qf]WQmWn^„o_jvyn^]yQqyYWYXZb`YqnrvW[oD\nfpo#x cvW[onrpW[o9owWXv\[r"x y[owy W"X„oD‡#`Yx o_`v‡#x¢^d[Ž \napowW_^"x qhd[WYXdk\n^[^]yYW[Xsv\Dm\Yj[”_^]W[Xe²bf"`Q^„o


`QfZYq\Yr]W[X]X[fvX dkWrv\D^vr]WYZvo}x \n^d[Wc `r"`Yq}ow\QjYq3`[ZQs[x Wn‚
C? n `n `n Kå 9å ,+£OTO .-, nE DEYC7µv´ JHBDC nJ /102)3457685:9<;7;=5?>;A@CBED;eJv´ nJ /102)3457685GF2)HIKJ75@BLD;
bk 3 ^ ^

u]WYXr[`[qo\DjYq+`YZbs"x WbXd[W[Xr]\n^Y^]`Yx X]X]`H^]rpWYXZYq\YdQf"x owWYXZY`bqRc Ž \Qfpo}x cY“£{R{n¿Ëg™W[oRc ` X]\br"x y[owy ·RVz z l*X]\n^„o x¢^]X[ZYx q#yYWbX
o

d[Wc `myko3s]\DdkWd[WYX¤ˆq a"q#W[XdkW| \n^[^"`Yx XpX"`Q^pr]WbX–K¤fpo+s"x WDqnWvo€u]yb¦]‘"Ÿ Yè[˜hyY¦p\D²QfvyYWZYc§f XMs"`QfpoDWkoHd[\n^Y^vW ¦]\Dx q


 4a

fY^ZY`vo#q3x m\Dx¢^vW¡dkWrv\Q^Y^"`Yx XpX"`Q^prvWYXY‚D“£{T{n¿ÔgÁj[yn^]”DqW™d[\n^prZYq+x¢^vr"x ZY`Yc WDmWn^po dkWYX MON=P7Q1RS,TVU=SWYXZX[S7\XA]A^L_)X²Hf"x


¦"x X]W_^po Ãd]WbX½Z"q+x X]W[X½d[W¥d[y[r"x X"x \Q^!Xbf]qfY^]WÃ`Yc c \Yr[`vo}x \n^½jYc \na[`Yc W¥d[W†r]\n^b^"`Yx XvX]`Q^]r]W[Xb‚~H\_f"qrpW†‡}`Yx qWDŸ“£{ {n¿Ëg
Na

`[XvX]\[r"x W$fY^]W%a„`kX]Wd[Wd[\_^Y^]y[WYX qWDc `vo}x \n^Y^]WQc c WDŸºf"^ m\DdQf[c W$d[Ž `b^"`bc ‘pXvW Xpo}`"o}x Xpo}x ²Qf]WW[oÃfY^ m\QdQf"c Wd[W
¦"x XYf[`Yc x X"`vo#x \n^d[WYXx§^p‡w\Qq3m`vo}x \n^]XX]\nfvX c ` ‡w\Dq+mWd[Ž9fY^`Yq a]qWedvWr]\n^b^"`Yx XpX"`Q^pr]W[Xb‚
¤ c Ž¢x XvXYf]W™dQfo}q+`Yx owWDmWn^po dkW"Xdk\n^[^]yYW[XžfY^`[q a"qWdkWrv\Q^Y^"`[x XvX"`Q^prvWYXWbXpo€rp\n^]X„o}q f"x o3‚nu]W o}q\n^prr]\Yq+q#W[X[Z[\Q^"dž`Qf œ
r]\_^Y^"`Yx XvX"`b^]rvW"Xr]\QmmMfY^]W[X Dc WYXjYq+`Q^"d[W[X a"q3`H^ rbs]WYXqWDZYq}yYX]Wn^„owWn^po€c WYXedbx ‡9‡wyDqWn^poWYXe`krpo}x ¦"x owybXed[Wžc Ž Wn^po#q#WQZ"q+x X]W
/ 

c WYX•q+`Ymx ‡#x r[`vo}x \n^]X@‡}x jQf"qWn^pod[W[XŒd[\Dm`Yx¢^vWYX°\_f•dvWYXX]W[rpoWnf"qX•d[Ž¢`vrpo#x ¦[x oyYX°X[Z[y[r"x ‡}x ²Qf]WYXW[od[yDZ[W_^„db`Q^pod[WYX


a"q+`Q^]r[s]WbX c WYXÃa"q+`Q^prYsvW"X½c WYX½ZYc§f]XÁ‡#x¢^]WbXW[o,c WbX½ZYc¢fvXyDc \Yx jQ^]yYWbX½q#WDZ[qy[X]Wn^poWn^po,d[WbX½d[\Dm`Yx¢^vW"X½dkŽ W[œYZvWDqo#x XvW
Z[\Dx§^po+f]XY‚ ^¥rv\Dd[WŒrp\nf[c Wnf[qW[Xpof„o}x c x X]yŒrv\Dq3qW[X"Z[\_^„db`Q^poe`Qf„œ>^]\DmMa"qW"Xd[WŒr]\n^b^„`bx XpX[`Q^]rpWYX°dky"r[c `bq#yYW[X°Zb`Yq
o

d[\Dm`Yx§^]Wn‚

ì
“£{T{H¿ËgZ[WDq+mWko yDjY`bc WDmWn^poRd[Ž¢x¢^poWDq+q#\DjkWDqˆc Ž¢`"q a"qW¸Zv\nf"qTr[`Yq+`]r„owyDq+x X]WYqˆ²Hf]WDc c W¸ZkWkqX]\Q^Y^vW¸`™d[y[r"c `YqyÁ`[¦]\Dx qˆc W¸ZYc§f]X
d[W™rv\n^[^"`Yx XpX"`Q^prvWYXdY`Q^pX™fb^Mdk\Dm`bx¢^]W™ZY`bqo#x rbf"c x WYq ‚h~€`YqRrpWkoKowW¡‡w\n^]r„o}x \n^Y^"`bc x owyDŸh“£{ {n¿Ëgj[yn^]”DqW™yDj[`Yc WDmWn^poRd[W[X
MON=P7Q1RS7T U=S  PZS ]A^L_)Xb‚
u]W@o}`Qa[c WD`Hf r[x ¿ `YZ[q#”bX Zk\"X[x o#x \_^Y^]WŒc WYXÃr]`Yq}owWbX dkW°rp\n^b^"`Yx XpX[`Q^]rpWYXÃyDc `Qa]\YqyYW[X jbq vr]W c `myko3s]\Ddk\Dc \QjYx WW[o a

owWbrYsY^]\Qc \Djbx W“£{ {n¿Ëgh‚


DI DµHG I ´FEM
€I [´ nJ hBDJ½‰QBDCMG µ

%  
z d[W_^po}x ‡}x WDqQW[oY¦"x XYf[`Yc x X]WQqnc WYX €C €¶bJY‰Y‰QBD‰ €CFŠ J
¶ DµYI9‰Y‰Yµ D¶bJ

% 3 rv\n^Y^"`Yx X]X"`b^]rvW[X Zk\nf"qnZYqW_^"dYqW !mKEQG¢µY³ €CFµv´FI
3 

fY^]Wd[yYr[x X[x \n^


  ! " |`Yq}owWr]\DjH^"x o#x ¦pW 
 DµYI9‰Y‰Yµ D¶YJ # 6 <:/ ? 6 2(D ;#4 ? /%;#DC:6 5:6 B< /? ? B#C8/:2=6 B<
2 
|`Yq}owW 
2 "'
% 3

¦YfvW rv\DmmW c x yYW a


;9 #B<4>P S#41(2

(1 4#S1(D#5 4<>2(/2=6 B<
58C':D A/ + 
C8B<#6 2=6
; 9#< 1 1345;4 .0B<#<>/6 5858/<:C84#5
d[WYXZYq+`vo#x ²QfvW"Xmy[o}x WDq 
/#C 2(49#1 B9 ; 9#< 1(B9:S#4
; 9#< DC .FE G(HJI KML NPOPNMIPQJRJSJTPUWVYXMXMZM[
– $&%('*),+.-',%(/10.2 34.35  2 C8B<;:9:4 7 S#/132=6 1 #; 4 ? /

  @?A""!B!(" ; /C82(49135 S/1 ? 4 6 /6 5
6 +7.78%(2 55%(7 6 35 # 6 <:/ ? 6 2(D ;#4 ? /%;#DC:6 5:6 B< /? ? B#C8/:2=6 B< ; 9<>4 1(4#S13D584<:2(/#2=6 B< 2(4#C #<>B? B6 4 8,R RGF\ #; 4 ? /
9;:;< )=2 3 '> ˜ ? B 2#/? 4@;#4#5 1(4#5858B9#1(C84#5 C8B< O:4<>2=6 B<<>4? ? 4 />P:D4 5:9#1 58BC:6 D#2(DEFHG IJG(K0L
? /O6 5:9:/? 6 58/2(6 B<

] %(^1_ 3% `;ab8c35 6 % '*)+1-',% /.012 35d4.35 6 +7 78%(2 55% 7 6 35 9:;< )=2 3 '>e- < 7 < ' < 35df.2 %_ %g),3 6 0.78+._ +.-.2 3;hiijk

C? n `n !nKå æ [SˆJY¶QBDJYI}G nJY‰ DEYJY‰Jv´ ŠEv´ nJ Kµ DµQG H‰YJ nJD‰ nIK‰b¶ TBDCF‰
6 3% Zl !m 3   

¤T‡}x§^ed[Ž¢x d[Wn^po#x ‡#x WDqhX[x"c Ž9fpo}x c x X"`"o}x \n^d[W[Xr]`bqoWYXd[Wrv\D^b^"`Yx XpX"`Q^prpWYXZvWnfpo€d[\n^[^]WDqhc x Wnf dkW"Xx c c§fpX"x \n^pX"ŸQx cvW[Xpo€`YZYZY`[q f
a

x§^powyDqWYXvX]`Q^poHd[Ž y[o+f"dYx WDqnc WbX qWDZ[qyYXpWn^po#`vo}x \n^]X`[XpXv\Yr"x y[WYX c Ž9fpo}x c x X[`vo}x \n^d[Wr]WYXr[`"q}owWbXY‚Y~n\nf"qQrvW‡#`Yx q#WDŸbc WrYs]\Qx œed[W
/a

c Ž `Q^[`Yc ‘vX]Wd[WdYx Xprv\nf"qX¾W[oˆZYc¢fvX¡Zbq#y[r"x X]yQmWQ^po dkW½c Ž¢`b^"`Yc ‘pX]Wd[W¸rv\n^poWn^Yf™`™XvWDma[c y½ZvWDq}o}x§^]Wn^po+‚R{Q‡K‡WYrpo#x ¦vWDmW_^po}Ÿ


r]\QmmW½c WXv\nf"c x jb^]WÁ¤ˆc c `bq3d[¿7~n\YW[X"x¹–}èYé[éYçbŸRZ DëYé[˜ ŸRš R=l ^ N=^VR m,X S T7SnZP N=\ S N'_S=\go\p Sq=\pr R r XsS _^1 S1t,Su _)RS
]

_Pvewyx{zYTs[S RS)RS[X|ZS N=\p SZX TDl ^\ \ SVN=\prP NAT7SCT}r ~*~s S N=\ X€r N=Tr*rT7X1‚ U P} _OS X P P} U=^ Nr X[^7\ƒr P NX ›H‚
~n\nf"qÁmW_^]WDqº^]\[o}qW0y[o+f"d[WDŸ¡^]\nfpX0^v\nfpX>X]\QmmW[X`YZYZHf ‘vyYWYXŒXbf"q¸dkW"X owyDm\Dx jQ^"`YjkW"X*d[Ž9fpo}x c x X"`"o}x \n^>W[o™d[W
d[yDZbc \Dx WDmWn^po¸d[W0r[`[qo\DjYq+`YZbs"x WbXd[WYX—r]\n^[^"`bx XpX[`Q^pr]WYX*šmy[o}x WDqn›.j[yn^]yQqyYWYX*ZY`Yqc `’owWYrbs[^]\Dc \DjYx W “£{T{n¿Ôg
qWYrYf]WQx c c x X Zb`Yqbo}q\Dx X,r[`b^"`Qfpœd[Ž¢x¢^„‡w\Dq+m`"o}x \n^ dbx ‡9‡wyDqWn^poX
c WYXqyY`[rpo#x \n^vX Kr]\QmmWn^po#`Yx qW[Xd[WžXv\"r[x ykowyYXžfpo#x c x X"`vo#q3x r]W[XdkWrvWYXr"`bqo\Dj[q3`YZHs"x WYXžZ"qy[X]Wn^„owWYXXbf„q c WX[x oW
-c

d[Wc `X]\br"x y[owy·RVz z l


o

c WYX`Yqo#x r[c WbX dkWeZYq}WYXpX]Wq#WQc `vo#`Q^poDd[WYXoyDm\Qx jQ^[`YjvWYXd[ŽKf„o}x c x X"`vowx \n^d[Wr]WYXr"`[q}ow\Djbq3`[ZQs"x WYX /

ê
Yf ^q#WbrYf]WDx cpd[Wd[\n^[^]yYWbXXYf[qhfY^]WW]œYZ[yDq+x WQ^]rvWeZb`"q}o}x rYf[c x ”DqWy[¦]\Q²Qf]yYWc \YqXd[ŽKfb^]Wrp\_^p‡wyDqWn^pr]W\Dq+j[`Q^"x X]y[W
ZY`Yqnc Wt,q\nf"ZkWu]W[X{nrYs]\bX,Wkobc `X]\Yr[x y[oy{ Vz ¼™¤V{c Weè ¤R¦"q+x cpèYébé M~€`Yq+x Xb‚
o
 a

u]WYXdbx X]rv\Df[q#X`Q^"`Yc ‘]X]y[XXp\n^„o d[\n^prd[W[XdYx Xpr]\nf]qXd]Wžrp\DmmMfY^"x r"`vo#x \n^d[W[X\DqjY`Q^"x X]`vo}x \n^]Xžf„o}x c x X"`vo#q3x r]WYXd[WrvWYX
“Tt|‚€z c XXv\n^poTX]\nf]¦vWn^poTXYf]Xpr[x oyYXZY`bqˆc `žX]\[r[x y[oyž·RVz z l dY`H^]X™fY^ \na WYrpo#x ‡Rd[W¸ZYq\Dm\[o}x \n^d[W¾X]\n^`vr„o}x ¦"x owyn‚
o

| WYX owyQm\Dx jQ^"`bj[W[X }qyD`vrpo#x \_^]Xž\n^poTow\nfvXykowyÁyDmx XžWn^po#q#WèYéYéYé¾W[oˆèYéYébëQ‚€| WYX™d[yDm`Yq#rbspWYXžy[o}`Q^„o£qWDc `vo}x ¦]WQmWn^„o


-c

x§^Y^]\Y¦[`Q^powW[X Ác Ž yDZk\D²QfpWDŸRc WYXžoyDm\Qx jb^"`YjkW"XžXv\n^po^]\Qma]qWnf œ¸W[o qWbrYf]WDx c c x X¡‡}`[r[x c WDmWn^poRr"`Yqx c X¡ZkWDq3mW[o9owWn^po`Qf œ


Ha

¨V©¸Wkob`Hfpœ\Dq#jY`Q^[x X[`vo}x \n^pXx mZYc x ²QfvyYW[X dkWed[yb¦]WDc \YZYZ[WDqhfY^pWx m`Yj[Wd[WZYqyYrYf]qX]Wnf]qXY‚


uvWYX¸Xv\Yr"x y[oy"Xd[\n^„o c WYXdYx Xvrp\nf"qXÁ\n^poy[oy `Q^"`bc ‘vX]y[X¸Xv\n^pofb^]W dYx ƒ]`bx¢^]WÃd[W½Xv\[r"x y[owyYXZYq+x ¦]ybW"XÁ\nfZQfYa"c x ²Hf]W[X
W[œ[WDqª"`H^poRfY^]W™j[q3`H^"d[W™Z[`Yqo#x W™d[W™c Wnf"qX`krpo}x ¦"x owy[XWn^žÂDq+`Q^prpWDŸQW[o ZYqyYXvWn^powWbXdY`b^]Xd[W[XX]W[rpoWnf"qXybrp\n^]\Dmx ²Hf]W[X
¦"`bq3x y[X ˂
¤’Zb`Yqo#x qd[WÃr]W¥m`"owyDq+x `Hf ^p\nfvX½`]¦v\n^pX½mW_^]y¥d[Wnf œ `Q^"`Yc ‘]X]W[XWn^X[f"x ¦"`H^po,c `Ãmy[o3sv\Dd[\Dc \DjYx W¥d[W¥qW[rYs]WDq}rYs]W
yY¦v\D²Qf]y[WZY`[q _`bq#dYx§^¸–wèbéYé ˜F‚Tu"`¾ZYq#WQmx ”DqW`™Z[\nf]q \na WYrpo#x ‡ˆd[Ž¢x d[W_^po}x ‡}x WDqdY`Q^pX™²QfpWDc c WmW"Xbf"qW¸c Ž¢x§^powWDq+ZYqy[o}`"o}x \n^
9

d[Wc `¾r"`bqoW!ZY`bqc WYXÁfpo#x c x X"`voWnf]q#X™ZYqWQ^"d™W_^rv\DmZ"owWÁrpW!²Qf[xD`¾r]\n^[dQf"x o ¾X"`¾r]\_^ rvWDZvo#x \n^b‚ ~n\nf[q`Q^"`Yc ‘pX]WDq rpWbX
a

Z[WDqr]WYZvo#x \_^]XXbf]qRc `¡^"`vo+f"q#Wžd[Wc `r[`Yq}owW™^v\nfpX`]¦v\n^pXdv\n^]rx X]\Dc y™d[`Q^]Xc WYXdYx Xpr]\nf]qXeqW[rYf]WQx c c x Xc Ž Wn^]XpWDmMa"c W™d]WbX
ZYq\DZ[\[X¸²Qf[x€d[y[‡#x¢^[x XpXvWn^poˆ\nf™r[`[q3`[r„owyYq+x XvWn^po c `Ár"`[q}owW½d[WYXžrp\n^b^"`Yx XpX"`Q^pr]WbXY‚ | W[X™W[œ"Zbq#W[X]X[x \_^ X¾\n^poˆWn^vX[f"x oWy[owy
qWDjYq\Df[Z[yYW[XZY`YqRZbq#\vœkx mx oy¡dkWXvWn^pX"ŸQr[c `[XvX"x ‡}x yYW[XWn^r"`voyDjv\Dq+x WYXWkoRfY^r"`Yc r[f"cYd[WbX‡}qyD²QfpWn^]rvW"XdkŽ `YZbZ"`bq3x o}x \n^`
y[oy(‡#`Yx o°Z[\_f"qŒx dkWn^po}x ‡}x WDqŒc WYX(q#WYZYqy[X]Wn^„o}`vo#x \n^vX±c W[X(ZYc¢fpX$X]\_f ¦vWn^po°`vX]Xv\"r[x ybW"X ¬c `%r"`[q}ow\Djbq3`[ZQs"x W d[W[X
a

r]\_^Y^"`Yx XvX"`b^]rvW"Xb‚
o
^]W™d[Wnf„œkx ”DmW™`Q^"`Yc ‘pX]W™` Wn^]Xbf"x owWžy[owy™mWn^]yYWžWn^`YZbZYc x ²bf"`Q^po c `žm QmW™d[yDm`YqrYs]W™`v‡#x¢^d[Wžr[`Yq3`vr„owyDq+x XvWYqRc WbX
qWDZYqy"XvWn^po#`vo}x \n^]X™`vX]Xv\"r[x ybW"X ¸c `Zv\DqoyYWd[WYX™d[y[r"x X"x \n^pX™Z"q+x X]WYX™jYq kr]W ¸c ŽKf„o}x c x X"`vo#x \_^¸d[W!c `¾r"`Yq}owWn‚£z cQX]Ž¢`YjYx o c
]a Da a

d[Ž¢`Q^"`Yc ‘pX]WQqˆc WYX‡#x¢^[`Yc x owybX²QfpW¸ZYq [oWn^po¹c WYX¾fpo}x c x X"`"owWnf"q}X ™c `žr"`bqoWn‚Y¤fo#q3`[¦vWDqXžd[W™r]WkoKowWÁ`Q^"`Yc ‘pX]WDŸhc Ž \na WYr„o}x ‡ WYX„o
a

d[Ž¢x dkWn^po}x ‡}x WDqhdY`Q^]X²Qf]WQc c WmWbX[f"q#Wc Wr]\n^poWvœ]owWdkŽ x§^powyQjYq3`"o}x \n^,\Qq3jY`H^"x X"`"o}x \n^Y^]WDc c Wd[W[X,rv\n^Y^"`bx X]X[`Y^vr]W[XW[XpoHZbq3x XWQ^
r]\QmZvoWeZk\nf"qhfY^]Wd[y[r"x X"x \n^d[Ž¢`Yc c \[r"`vo#x \_^ d[WqW"XvX]\Qf"qrpWYXY‚

 K F0G  FHR $R C '  C '8 C G F '


& . R $F E% '  '4%8 % 494#B:2 F .H6 2=13B<'
' ' '
 E7<72=1(B98O:4;4#5N58B#C:6 D:2(D#5 C8B 4%R H E 13/<>C84@E D? D#C B
 ?F E7K % L #. R &HR,F   8 K & . 88 . & %?H 

+
å æ
³ÀJv´ nJMG µCFJb¶ DJYCF¶ DJ
^ 6l &l
}GKG9BD‰YI e‰QBDC G Kµ DµHG H‰YJ
  Ym 3 GKG9BD‰YI e‰QBDC G J¶ [´ J Y´ J
  

Y¶ µYCÀ´ nC7µ DI TBDJ


@k `hl 9µ hG I9¶Yµv´FI nJ G µ nEYY¶ IK‰bI 
!m `h!h   

+
G ;#4<>2=6 6 41 ;#/<>5 
9:4? ? 4 4#5 #9 1(4 +
G ;4<:2=6 6 41 ;#/<:5 9:4? ? 4 4#5 9#1(4 ? 4#5 

;D#C:6 5:6 B<>5S16 5845 1 C84<7 ? 9>2=6 ? 6 58/#2 6 B<%;#4
/ 
? 6 <82(413S13D2(/#2=6 B< ;#4 ? / C8/1(2(4 S#/1 ? 45
9>2=6 ? 6 58/2(49135 S1(4<>; 4< C8B S:2(4 ?4 ? /MC /1(2(4M2=6 4<#<:4<:2C B AS#2(4M;9 C8B<>2(4>P 2(4
³ÀJY¶"´ I nJ f  G 9µ DµQG n‰YJ
m 3 QJ
 S1(B#C 4#585:9:57;#4@C8B<:C84#S2=6 B< ; 6 <:2(D 13/2(6 B< B1 /<6 5 />2=6 B<#<>4? ? 4 ;#45
¶ [´FJ nB # % C B<#<:/6 5858/<>C845
 2 %
 3
<>/? 85 4 #; 4 ? / 1(4#S13D584<:2(/#2=6 B<M;9
#
)
? 6 4<C /(1 2(4 F=
S 1(B#C84585:9>5 ; D? / #B13/2=6 B< <:/? :584 ;#4 ? / 134S1(D#584<>2(/2=6 B<M;9
? 6 4< C8/1(2(4 F=;#DC:6 5:6 B< ; /? ? BC8/:2=6 B< ;4
1(4#5 58B913C845

LˆEY¶ TB nµ nJ hB´ Jb´ J +


G 58B? 41M? 4#5 S13BS#B5 9#6 ;#D =6 <#6 585 4<>2 ? / 9#6
+6 <:/? 6 2(D#5N;#4@? /C /1(2(4
 h Pk 
G 5 B? 41 ? 4#5 S13BS#B5 1(/#SS#B1(2(4<82 ? 45
C8/132(4@;#4#5 C8B<<>/6 585 /<>C #4 5

] %(^1_ 3% `bh . 7)Y0 534`;/1',+ ,) + 6 +_ 3g413'=3 6 0 3 ' 6 0 3


<)*O# K(Y ( )&O   O& 
n !n 6n æ Kå }GwG9BD‰YI ‰QBDC G Kµ DµQG H‰YJ¶YµYCÀ´ nC7µ DI TBDJ ‹nG¢JGKIKJ e¶QµYC+´FJ nC €¶[JY‰Y‰QBD‰ nJ¶ D¶YJ b´FI
 Ym 3 @k `hl  ?h    `h 

¨RWnfpœ Zbq3x§^]r"x ZY`Qfpœ jbq#\nf]Z[WbX(X]yDm`Q^po#x ²Hf]W[X­Xp\n^„o


m\_a"x c x X]yYX Zb`Yq½c WYX `[r„owWnf]qX ²Qf"`H^poºx cXvŽ `bjYx o½d[W
d[y[‡#x¢^"x qnc `^"`"o3f"qWedkWec `r[`Yq}owWd[Wrv\n^Y^"`bx X]X]`Q^vr]W[XY‚
æ  nJY‰ nC €‰ ¶YµbCFµ[¶v´FEYCFI9‰Yµ v´ G¢µ
h h3 3

¶YµYCÀ´ nC7µ DIKJ nJY‰Á¶ kµbIK‰Y‰Yµ D¶YJY‰ºG Kµb‰Y‰ €¶YI9J [´


@k `hl ] %  m  3

Ev´FC €I ´FJYŠ J [´ ¾B TB[´FIG B[´ I}G nJŠ µ Dµ nJYŠ J [´


3 %  n  3 `k 3

 TB TB[´ I}Gp´ Jb¶ TG nI TBDJ nG¢µ¶YµYCÀ´ JJY‰"´¹µQG €CF‰ €BDJ


 6l% k 

 ¶ €ŠŠ J B EQG EYŠ J [´ µQB[´ €ŠJ B[´FIG¢IK‰YE nµbC


% 3   h

G JY‰µY¶v´FJQBDC7‰ nJMG 9J [´ C7J nCFI9‰YJ


 m 3 `h 6n

{T^ o#`Q^po ²QfvŽ \nf„o}x c d[W m`H^"`Yj[WDmWn^po#Ÿ c `


r"`Yq}ow\QjYq#`YZQs[x W d[WYX r]\Q^Y^[`Yx XpX[`Q^pr]W[X W[Xpo ¦Yf]W
r]\DmmW¸fb^\nfpo#x cbd[Wj[W[X„o}x \n^d[W[Xrv\DmZky[owWn^prvWYXWko
WYX„o,d[yYr]q+x orv\DmmW š 7N Xm,X \uAS }r_)SJu S7\ T l r NLR  S =^=S X ^ R ^Jrps T ^ NXn7NS'_P R r\pr=S Us NAs ^ R S T7S
U=S X \prP N$TS[XFLPu _Ds7\ S NALS X ›—\nfr]\QmmWš 7NTr X _PZX1r \ƒr ~T7S _ r RP7\ ^VU=S _^1RS X [P}u _Ds\ S N[SZX›Q‚v¤ˆx¢^]X[x[c `Mr"`[qoW
Wn^o#`Q^poH²QfvŽ \nf„o}x c]d[Wm`Q^"`YjkWDmW_^poDWYX„oDy[o}q\Dx owWDmWn^pon`[X]Xv\Yr"x y[W fY^]W‡}x§^"`Yc x owyd[Ž¢`Yc c \Yr[`vo}x \n^d[WqWYXvX]\Qf"qrpWYXY‚"| Ž WYX„o
4a

X"`e‡}x§^"`Yc x oy²Qf[x"dky[‡}x§^"x oHX[`ž^"`vo+f"qWn‚D¨ˆ`H^]XrvW[oKoW`[rvr]WDZ"o}x \n^WDc c W WYXponyDjY`Yc WDmWn^po€`[X]Xv\[r"x yYW c Ž¢x dkyYWd[Ž W[‡9‡}x r"`[r[x oyW[o
a

d[WÁr]\Q^po#q Dc W _š @l P=\ƒr R)N=P},X ~ ^r \OU=^VU7N7S; N \ Su _ X ~ P} ›YŸTš "S7\ \ S\ P<T SqLP N=\p RS'T7S R=l r N=^[\pr*r\s N=P X N7S
RYl ^&r PVN7X _^ XC^v ^VN=\[›Q‚Y¨Ry[‡#x¢^"x WZY`[qTfb^]W‡}x§^"`Yc x oyž–}c Ž¢`Yc c \[r"`vo#x \_^ d[WqWYXpXv\nf]q#rvW"Xv˜ÀŸbc `r"`Yq}owWW[X„oD¦Yf]Wr]\QmmWžfY^\Qfpo}x c
W[‡9‡}x r"`[rvW½Z[WDq+mW[o9o}`Q^„o d[W½qWn^p‡w\Qq#rpWDqc `Zbq#\Ddbf]r„o}x ¦"x owy½jYc \na"`bc W½d[W½c `q#WYXvX]\Qf"qrpWr]\n^b^„`bx XvX]`Q^]rpWn‚R{€c c Wrv\n^"dQf[x o a

x d[Wn^po#x ‡#x WDqq+`YZYx d[WDm Wn^poˆc WbXr]\Q^Y^[`Yx XpX[`Q^pr]W[X™²Qf"xbX]WYq+`Yx W_^po Xv\DfvX]¿+W]œYZYc \Dx oyYWYX[Ÿ Ác W[X™`Yc c \nfpWDq `QfÁap\n^¡m\DmWn^poR`Qf
a

a]\n^ZYq\ W[oYW[oDd[\n^]r j[yDqWDqnd[Wm`Q^[x ”YqW\DZ"o}x m`Yc Wc WšX„ow\Yr]»›d[Wr]\n^Y^[`Yx X]X[`Q^pr]W[Xd[Wc Ž Wn^po#q#WDZbq3x XvWn‚
M /a

¤ ZY`bqoyDjY`bc WDŸc `¥r[`Yq}owWWYXpo¦YfvW°rp\DmmW>fY^Ã\nfpo#x c£oWYrYsb^ \Qc \Djbx ²QfvWn‚¨ˆ`Q^pX rvW[X yb¦]\[r"`vo#x \_^]X"ŸWDc c WWYX„o`bc \Dq}X
`[XvX]\[r"x yYW c `Áq#WYZYqy[X]Wn^„o}`vo#x \n^žr]\_^]¦pWn^po#x \n^b^]WDc c W†–w¦[x XYf[`Yc x X"`„o}x \n^]˜`Yd[\DZvoyYWn‚Tu]WYX oWDq3mW[X™WDmZYc \"‘vyYXžXp\n^po `bc \Dq}X
Da

èYé
š ^ v S T7S LP N7N^r XLX ^ N[SZX W[Pu _Ds7\ S N[S X›YŸš uAP7T7S P=\pr RYT7S r X1=^ R r X ^7\prP N›YŸš Z^ \ P U ^L_ rS›Ã`[¦pWbr½d[W[X
   

W[œYZYq#W[XvX"x \n^vX,rp\QmmW P^ R r u S N\ SDZS7\ ^ v S ‚vr[S X,\ZRYl P\pr R[T7SFr X1=^ R r X ^7\prP N T7S\ P=\ S X R SVX ZPu _ s\ S NAZSZX
 

T7S R=l )W e x.›Q‚


¨ˆ`Q^]XžrvWYX¸Z[q#\QZ[\[X"ŸRx cnXvŽ `Yjbx oRo\nf \nf"qX¸d[WÁ¦]\Dx qc `Ár]`Yq}owWrv\kmmWÃfY^™yDc yDmW_^po ²Qf"xhZYqWn^"d¾ow\_fpowWX[`dYx mWQ^]X"x \n^
dY`Q^vX,Xv\Q^fpo#x c x X"`vo#x \n^¦"x `MfY^ jbq#\nf[Z[WedkŽ `vrpoWnf"qXb‚[u"`r[`Yq}owW ^]Ž W[X„obZb`[X`Qfpow\b¿3Xbfp‡K‡#x X[`Q^powW_‚

Yæ nJY‰ nC €‰>E TBDµ [´G µ—¶YµYC´ nCFµ DI9J nJY‰—¶ DµbIK‰Y‰Yµ D¶YJY‰ [´ hG9BD‰*G €I Jv´G KµY‰Y‰ €¶YIKJ [´
 h h3  3 k `hl b +%  3 h   Ym  3

Ev´FC €I ´ JYŠ J [´ ¾B DJM´ÀJY¶ TG nIKJ D| Wbr"x[WYX„o c \QjYx ²Hf W™dY`H^ Xc `mWYXbf"q#W \ ža]WD`bf]rv\nf]ZdkW"Xdbx Xprv\nf"qX`Q^[`Yc ‘]XpybX
3 % 6l% k 6n

X]\_^po€XYfpX]r[x oy[XZY`YqTc `žZ[\Qc x o}x ²Qf]W™dvWžr]\Dmmf[^"x r"`"o}x \n^d]W™c `Xp\Yr[x ykowyžr]\DmmWkqr"x `Yc x X"`H^po c `MoWYrYs[^]\Dc \DjYx WdkŽ `Q^[`Yc ‘pXvW
W[o¦[x Xbf"`Yc x X[`vo}x \n^°d[W[X°dk\n^Y^]yYW[Xb‚·€\nfpoW[‡w\Dx X¥Wn^°`bZYZYq\[‡w\n^]dYx X]X[`Q^poec Ž¢`Q^"`Yc ‘pX]WŒ\n^Œ^v\[owW>d[WbX°`vX]X]\[r[x `vo#x \_^]X°d[W
qWDZYqy"XvWn^po#`vo}x \n^]Xx§^powyDqW[X]X]`Q^„owWYX q#WDc W[¦]WDq ‚
/a

¤ˆx¢^vX"xc WYX*oWDq+mWYX.q#WDc WY¦]y[X0W[oÁr"c `[XpX]y[X dY`H^]X*r]W[o9owW r"`"owyDj[\Qq3x W Xp\n^po¸rvWnf œ d[Wš R PVUr 8r SVR]›YŸ™š _  PTr\"›bŸ
š ^L_7_)R r Z^7\prP N †›YŸš  S7S M™›bŸ,š X,PVR =\ƒr PVNe› | W[X½oWDq#mWYX½Xv\n^poX]\nf]¦pW_^poWDmZbc \[‘]ybX dY`b^]X@fY^½r]\_^powWvœ]oW
   %d

dY`Q^vXc WD²Qf]WDcQc Ž x§^powWQq3myDdYx `vo}x \n^dkW¸c Ž¢`[r„owWnf"q£\nfdHfd[y[r"x d[Wnf]q ^]Ž WYX„o¹ZY`[X f[j[yYW^]ybr]W[X]X[`Yx qWn‚€u"`owWYrbsY^]\Dc \DjYx W™W[Xpo
[

Z[WDqX]\Q^Y^[x ‡#x yYWÁW[oˆ`YZYZk\DqoW™X]W_f"c WÁW[oˆd[Wm`H^"x ”YqW!`Hfpow\n^v\DmWfY^vW¸Xv\Dc¢f„o}x \n^"Ÿ£fY^]WqyDZ[\_^ XvW ºfY^™Z[q#\na[c ”DmWn‚ ^ a `

qWDc ”b¦]W­ZY`bq¥W[œ[WDmZYc W d[W[X®WvœYZYq#W[XvX"x \D^vXr]\QmmW š 1P.X X[^  PZN7X _& s8r Xs}u S N\ U LS  S7S M R SVX
   

[P}u _Ds\ S NALSVXCT P N=\ N=P}7X Tr X _PZX,P N X›\nfš  S7S M N=P17X_?S}uAS7\7T7SA\ƒ P}  SRSZX<_S X,P N7N7S X R SZX<_)R  XC^L_\ S X
 

\ SVNr  7N _PZX,\ S›Q‚¤f]¿ d[WDc YŸYc `oWYr[sY^]\Qc \Djbx WWYXpoD`[XpXv\Yr"x yYW c Ž x d[yYWd[WZYqy[r"x X"x \D^[ŸYd[Ž \na W"r„o}x ¦"x owyZY`[qhq#`YZYZ[\Yq}o MfY^
a 4a a

š`[¦"`Q^„ob›%r]\_^ X[x dkykqy(rv\DmmW%‡}c \nf®\_f®x¢^vW[œ"`[rpon½š P.X X[^  PZN7X _& s8r Xs}u S N\ U LS  S7S M R SVX
   

[P}u _Ds\ S NALSVX T7PVN=\7NP7XATr X _OP[X P N7X›—\nfW_^]r]\YqWš  LS ^t^ N=^ R m[X,S XAT7SZXF[Pu _Ds7\ S N[S X s7^ R r XsZX T^ N7X
 

  S7S M ‚RS X uA^ N=^ U7S X$^v P N=\ 7N=S [P N N=^r XLX,^VN}ZS_&Ms r X,S T7SVXC_  P~pr R X T S X [P R R^ =P1 ^\ S X }@l r R X'Tr r U7S N=\[›Q‚


% €JYCF‰ DI FIKEYJ µQB[´ €ŠJ  €³ ÀJY¶v´FI nJ¥Jv´ nC7EY¶YIK‰bJ G¢µ¥¶[µYC+´FJ¥J †´ µ ]´ TBDJº´ JY¶ TG nIKJ@JY‰„´ME nµHG JYŠ J [´
f   h 3  &l% k `k 3

 µY‰Y‰ €¶YIKEYJ ºG KI nEYJ nJ FBD‰v´FJY‰Y‰YJ nJºG Kµ DµQG H‰bJ¸š  S7S M N=P}7XA_SJu S7\T7S \p P& S} R S XA_S1 X,PZN7N=SVX$RSZXA_)R X
m ? ] ] m  

^L_\ S X C\ S Nr  7N _P X,\ S›H‚




è
R¨ y[‡#x¢^"x o}x \n^¸ZY`bqq+`YZYZ[\Dq}o †fY^vWÁ‡}x§^"`Yc x oyDŸT\nf¸ZY`bqq+`YZYZ[\Dq}o †fY^¸m\Dd[W½dkW½q#WDZbq#y[X]W_^po}`vo#x \_^ RZHs]yn^]\Dm”n^]W½`Hfpow\Y¿
a a

XYf„‡K‡}x X"`H^po¹dY`H^ Xžc Ž¢`Q^"`bc ‘]XvWDŸ€c ` r"`[qoW¸d[W[Xrp\_^Y^"`Yx XvX"`b^]rvW"X¾^]Ž WYX„o¹d[\_^ rž²QfpW¸Z[Wnf`[XpXv\[r"x yYW X]\Q^ZYq}\Yr]W[X]XbfpXdvW Ha

r]\_^]rpWDZvo#x \n^b‚ KI nEYJ B DJŠ Ev´ nJ TB }B nC €¶YJY‰Y‰HBD‰  G €C7I nI DJ nJ G µ¶ D¶YJ b´FI nJ G µ¶YµbC+´FJ KJY‰v´
`e m ? !m % Al  4!m % h  m Gk    `h 4 7 m

TBDJ nJQBE TBDEbJ TBDC TBDµQG I I9JYC G µ¶YµYCÀ´ 


h  h3 J   nJb‰ nC €‰ "“£f"qhc WbXç owWQq3mWYXqWDc WY¦pyYXZ[\_f„qh²Qf"`Yc x ‡}x WDq€c `
f  I h +h3 n

r"`bqoW dvWYX™rv\n^Y^]`Yx X]X]`Q^]rpWbX"Ÿ£XpWnf"c£fY^¸d[W[XZYq\DZ[\bX¸d[y[r"q+x o`v¦]WYrÁZYq#y[r[x X[x \n^¸c W Z[q\Yr]W[XvX[f]X¸d[Ž yDc `Qa]\Yq3`"o}x \n^Rš W
_^ \pr  T7S R^$TS[X Jr O_ \prP N'T7S XAX,^vLPr 1S7\)X ^LPr  J~ ^r  S'TS  7^ 7 Nv‚D S8=Sr R R rSX1g7N u P7T S'TvsER ^} ^7\ƒr ~ƒ‚X1~ P N7T
TDl 7N =S X \prP N N=^r  S \ƒ ZXTr  SZ\ w.S X ^r X ~ ^ r  S [ S r‚  l ^r uAS 
P .S_ Ms~  S \ S R RS ^[\pr*r\sz S\NAs7^ NuAPr N7X
\p X s R^=Ps w _ R  X T7S  r\ SuX z‚ ZS RP Ur 8r SVR$X S  =^} U=S T7S A
u P7TsVR r X S S7\ T7S Z ^. \ PVU ^ _ vr 
S  RSZX
[P}u D
_ s\ S AN LSVX 1T  U PZ_S›H‚ RyQ`Y^[m\Dx§^]X¥c `QfpX]X[xc WŒZ[q\Yr]WbXpXYfpX¥d[Ž yQc `Qav\kq+`vo#x \n^Ãy[¦]\D²Hf
a y WYX„oq`YZYZ[\Yq}owyŒ`Qf

c \DjYx r"x WDc¢‚uvW c x Wn^½`[¦]W[rÃfY^½j[q#\_f"Z[W¥d[Ž¢`]r„owWnf[qXW[o,d[WYX½q}WDZYqyYXvWn^po#`vo}x \n^]XÁr]\DjH^"x o#x ¦vW[XÃ^]Ž WbXpo,ZY`vXÁ‡}`bx o+‚ ^º`Hfpo}qW o

ZYq\DZ[\[Xy[¦]\D²Hf]WyDjb`Yc WDmWn^po€rvWZ[\Dx§^po m`Yx XWn^m\_^po}q+`Q^po dvW ‡}`[ªv\n^W_^]rp\DqWZYc§f]Xm`Yq+²QfpyYW™²bf]WrvW™Z"q\YrpWYXpXbf]X


^]Ž WYXpo€ZY`[X¦Yfrp\DmmWžx¢^po#x mWDmWn^po€c x y d[WYXr]\n^vXpo}q f]r„o}x \n^pXed[Wžq#WQZYq#y[XvWn^po}`"o}x \n^]Xm`Yx Xrv\DmmW™fb^]Wd[yQm`Yq}rYs]W
a

\na WYr„o}x ¦]WW[o dbx X„o}`Q^]r[x y[W½d[W½jbq#\nf[Z]WbX¸d[Ž¢`]r„owWnf[q#X š @l P=\pr R SVX,\e7N ^\ P=\ _PN=P7\p S _  P S7\"S7\gZS _P \p Pr X 

 ^ r X P N X"X ^ uFs7\=PT,S _^1 \ƒr 8r _O^7\pr* S wPx z‚YX[^ ~ ^8r R r\s TS \p ^r \ SuAS N=\1T7S RYl r NA~ PuA^7\ƒr P N S7\X1r u 7 R^7\prP N‚ S7\%X,PZN
uAP7T7S T7S r X.=^ R r X H› ‚RA,I D‰bIG I nJ [´ I I¶Yµ"´ I TB KIG•µ•B nC TB nJ KµY¶v´FJQBDC7‰¥Jv´žB
^7\prP N T7SVX Ms[X17R\ ^7\ X  m ? 3 f  m % k  h !m %

nC €¶bJY‰Y‰QBD‰ KEb¶ Dµ nJ$Jv´ nJ$¶ D‰„´FCËBD¶v´FI (J [´FCFJ nI FEYC7J [´ Jb‰ nµbC´ I9JY‰ nCFJ Dµ [´ JY‰ 3¶ D¶bJ [´FJQBDC1
h  !m 6l 3 k    3  f f 3 h ih 3 3  `h

¶ D‰QBnG ´ µ [´ *#¶ DJYCF¶ DJQBDC †G €C7I nI DJ nJÃG µ¶ D¶YJ b´FI B DJ¶YµbC+´FJ nJY‰¶ DµYI9‰Y‰Yµ D¶YJb‰ ŠEv´FIKJbC
  6l &l  m Gk  D  `h F!m % D % 3 0< 1>

KJb‰v´ nµY‰CFJQG¢JHE nµ D‰G¢JY‰ nC €‰ TBDJ TBD‰µ D‰µ HµHG H‰YEb‰


 m +h  3 h h3   3 6n

èYè
n !n n+ æ æ #G9GKBD‰YI ‰QBDC£G J¶ [´FJY´FJ 9µ hG I9¶Yµv´FI nJ G µ nED¶YI9‰YI ž‹QG J G¢IKJ ¶YµYCÀ´ J  nEY¶bIK‰YI KµHGKG €¶bµv´ I nJ
  !m `h!h    3 2 !m  

CFJb‰Y‰ TBDCF¶bJY‰


u]WYXdbx Xprv\nf"qXy[o+f"dYx yYXZ[\Yq}owWn^po Zbc¢f]Xc Ž¢`voKoWn^po}x \n^XYf[qRc WbX‡}x§^"`[c x owyYXdkW¡c ` r"`Yq}ow\QjYq3`bZYs[x W™d[WYXrp\_^Y^"`Yx XvX"`b^]rvW"X²Hf]W
XYf[qX]`^[`vo3f"qWn‚£¤£x§^]X[xˆìYëÃjYq\nf]Z[WYXXvyDm`Q^po}x ²Qf]W[X†yY¦p\D²Qf"`b^poc WbX‡}x§^"`Yc x owyYX†\n^po,ykowy°x X]\Dc yYXÃd"`H^]X c W[X ZYq\QZ[\[X
`Q^"`bc ‘vXpyYXY‚n| W"r[xYXpWQma"c W¸d[yQm\n^„o}qWDq ²QfpW™rvŽ W[Xpo a"x Wn^Z[\nf]q qyDZ[\_^"dYqW !fY^Z[q#\_a"c ”QmW™d[\n^b^]y™²Qf]W¸c ` r"`Yq}owW™W[X„o
Ha

r]\_^]ª[f]Wn‚
 nJY‰ nC €‰¾CFJQG¢J HEY‰™E TBDJ v´ TBDJÁG¢µ
B %h h3  3

¶YµYCÀ´ nC7µ DIKJ*JY‰v´†B]´FIG¢IK‰YEYJ nC7I D¶YI nµQG JYŠ J [´


@k `hl h  h 3

 nµ D‰ B DJ FI DµHG I ´FE nJ hG¢µ DI FIK¶bµv´ I nJ


3 % f   h 3 f  

m G 9µY¶v´FI HI ´ E JY‰v´FI nJY‰ SˆJY‰Y‰ TBDC7¶YJ[‰


  

BDŠµYI DJY‰Q‚nu]Ž \na WYr„o}x ‡ d[W™c ` r"`bqo\DjYq+`YZQs"x W™d[W[X




r]\n^b^"`Yx XvX"`b^]r]W[XWYXpo€d[WM‡}`[r[x c x oWDqTc WMo}q+`[¦]`Yx c[d[Wc `


‡w\n^vrpo}x \n^V©‚
u"` r"`[qoW WbXpo0¦[f]W ow\nfpo d[Ž¢`Qa]\Yq+d r]\QmmW
‡}`[r[x c x o}`Q^po rvW o}q+`[¦"`Yx c ZYq+x§^]r"x Z[`Yc WQmWn^„o Wn^
d[\n^Y^[`Q^poÃB DJ ŠJYI}GKG JHBDCFJ nIK‰YI9³nIG I ´ E XYf"qÃc W[X
%

r]\DmZ[y[oWn^]rpWYXW[onc WYXrv\D^b^"`Yx XpX"`Q^pr]WbXY‚p¤ˆx§^ X[x]c W[X


‡}x§^"`Yc x oyYX yY¦]\Q²QfpyYWYX Xv\n^po ZY`[q W[œ[WDmZYc W
š  SL_Ds} S1 R SVX LPu _Ds7\ S NALS X›YŸÁš ^& Pr  7N7S
|

u S}r R R S} S r X.r r R r\s X. N=P X  SZX[X P1[SVX ›H‚

| W[o9owW>¦[x X[x¢a[x c x oyZvWDq+mWko^]\ko}`YmmW_^poMdvW*qWDZ[yDq}WDqžc W[X¥rv\D^b^"`Yx X]X]`Q^]rpWbX°q3`bqWYX"Ÿ²Qf"x ¦]\Q^podYx X"Z[`Yq+` o#q#W—\Df¥XvW


d[yY¦vWDc \DZ[Z[WDq+Ÿnd[Ž `b^po#x r[x ZkWDqTc WYXrYs[`Y^[j[WDmWn^powXdY`Q^pXc W[Xrp\DmZvy[oWn^]rvWYXWko d[Wc WYXZYc `H^"x ‡#x WQqhDš| SL_Ds1 S y SVU P[_)S 

RS X X,^&LPr  ~ ^r  S  ^1 S X ›YŸRš  SL_Ds S<RSZX ZPu _Ds7\ SVN}ZSZXT7PZN=\N=P}7X'^ P NX S[X Pr N T7^VN,X R=l ^v S Nr  ›Á|
 š  SL_Ds1 S
RS X LPu _Ds7\ S NA[SZX 1=S NP.X Jr X 1=P N7X T7S _S T1 S ›Q‚ 9I nEYJŒE TBDEYJJY‰v´ TBDJ—G µŒŠ¡BnG ´FI hG¢IK¶Yµv´FI nJY‰
.e m C  Gh b

3% DEYJY‰Á‰QBDCG Jb‰ nJYC7‰ DJY‰ nµ D‰ºG KJ [´ C7J nCFI9‰YJ DEb¶YJY‰Y‰YI ´ J nJ¡´ C TB HJYCB DJ¸Š µ DI bCFJ nJG¢JY‰¸I [´ E nCFJYC
"h % ] 3 m  `h D ]  % 3 Gj ]  Pk

h3 TBDCG JY‰Áµ nC7E DJ nJYC hG €³nµHG JYŠ J [´,Jv´G Jb‰ nEYC7JYCµQB¸ŠI9JQB ½‰QBDC hB!Š nJ ™´FJYCFŠ JQ‚Q¤ˆx¢^]X[xnc WbX‡#x¢^[`Yc x owybX
`h!h 6l 3 k  3 "k [  3

èYç
š UAs SD7N7S uA^ X[X[SATSAT7P N NAs7S X ›YŸk\nfš s\ ^ 7R r T7SZX X.1s N7^rP X ›qW[‡}c ”[owW_^poDr]W[X`"oKowW_^"dQf]X`"oKo}q+x§aYf]y[X c `r"`[qoW
 a

d[WYXrv\n^[^"`Yx XpX"`Q^pr]WbX šmy[o}x WDqn›Q‚


u"`.r[`YqoW WYXpoÁr]\n^pX"x d[yDq}yYW yDjY`Yc WDmWn^po¸rv\DmmWZ[WYq+mWkoKo}`H^po b´FIKŠžI9‰YJYCG¢µ ‰v´ C7µv´FE nIKJ nJ €CFŠ µv´ I n‚
!mh `k K f 

u]Ž¢`YZYZYqynspWn^]X[x \Q^°jYc \na"`bc WŒd[WYX°dv\n^b^]yYW[X°qWD^[dQf]W>Zv\YXpX"x§a"c W>Zb`Yqc Wnf]q¦[x X[f"`bc x X"`vo#x \_^°Z]WQq3mW[oed[WŒr]`bc x§a"qWkq c WbX
a]WYXv\Dx§^ X†Wn^Á‡w\Dq+m`vo}x \n^Y‚| W Zk\Dx¢^„oX]W°qWko}q\nf]¦pW°dY`b^]XÃc W[XÁ‡#x¢^"`bc x owyYX†yY¦]\Q²YfvyYWYX š r TS N=\prp~prSR SZX =SZX,Pr N X T7S
~ P}uA^7\prP N ›YŸ[| š  SL_Ds} S }=S R X X[PVN=\ZR S X S~*~ P \X ~ Pv Nr S NA\ SJuASCT7S ~ P}uA^7\prP N ›
 %d

{T^p‡}x§^"Ÿ_WDc c W™WYX„o¹`QfvX]X"xb¦YfvWrv\DmmW¸ZkWkq+mW[oKo#`Q^po b´ I9ŠžIK‰QJYCG¢µ TG I ´ I TBDJ nJ™CFJb¶YCËB[´FJYŠJ [´RHš  SL_ s S} S R
!mh %h3 \ 

_  P~pr R  S J=\ S1 ›Q‚


 nJY‰ nC €‰¥C7JQG J nEY‰¥E
# h h3 TBDJ [´ TBDJ  

G¢µ ¶YµYC+´FJ JY‰„´ nJYC QBDJ ¶ €Š ŠJ B h  %

 I D‰v´FCËBDŠJ [´ nJ´FC µ D‰ €CFŠµ"´ I hBC7µ €C´


  3 f   `h!h3

 hB¶ TG9G µY³ €C7µv´FJQBDC G €C nµ DI9‰Yµv´FI n‚™{€c c W


 3 m Ck 3 

WbXpo¦Yf]WŒ`Yx§^]X"x£r]\QmmW>fb^ m\Y‘]W_^ dvW µYI9CFJ f

E TGKBDJYCºG J—‰YµQG¢µYCFI9E HJYC7‰ nJY‰—µ nC €¶ DJY‰


 b `h!h  &l

h hG9BD‰(I nI _I hBDJQGKG¢JY‰ nJ G µ JY‰"´ I nJY‰


 ?   

SˆJb‰Y‰ TBDCF¶bJ"‰ BDŠµbI DJY‰  JY‰"´ I nJY‰


   

 €Š nEv´FJ D¶YJY‰ ®¨ˆ`H^]X rpW[oKoW `[rvr]WDZ"o}x \n^"Ÿ


Nh 3 Rn

rvŽ WbXpo c W rv\Dc c `Qa]\Yq+`vowW_f"q Xp\n^ ^"x ¦]WY`Qf a

x§^"dYx ¦"x dQf]WQcn²Qf"xnZ[q#W_^"d™d[WYX™dvyYr[x X[x \n^]X™j[q krpW a

c `r[`Yq}owWW[o^]\n^¸ZY`kXfY^!dbx q3x j[WD`H^po3‚h¤ˆx¢^]X[xTc W[X


‡#x¢^[`Yc x owybX¸š|r NAER  Sq =^=S X[^ R^Jr s T7^ N X  N=S
_P R r\pr=S UAs NAs ^ RSTS SZX,\ƒr P N T7S X Pu _Ds7\ SVNALS X›™\_f¡š [P N\pJr S.<^} Ts  S RP _7_SuAS N=\T7S X'Ts}u ^1M =S X


[P}u _Ds\ S NALSVX ›±yY¦p\D²Qf]W_^po rpW[o9owW­x d[yYW_‚ ¨RW$‡#`Yx o#Ÿ½c `(r[`Yq}owW(WYX„o rp\n^vX"x d]yQq#yYW$rv\DmmW­Z[WQq3mW[oKo#`Q^po¥`Qf
r]\Qc c `Qa]\Dq`vowWnf[qd[Ž¢`[¦]\Qx q¾fY^pW>¦"x X"x§a"x c x owy>X[f[qX]WbX¥rp\DmZ[y[owW_^ rvWYX¥W[oX]W[X°Zk\YXpX"x§a"x c x owyYXŒd[Ž y[¦]\Dc§fpo}x \n^°`Qf¥XvWDx§^°d[W
c Ž \Dq+jY`Q^[x X]`vo#x \_^ Zb`Yqo#x qÃd[WX]W[X.r]\DmZ[y[oWn^pr]WYX™š<_P} RS ZP R R^ =P} ^7\ S ^. s7TS RYl S N X Su R S T7SZX
a   

è

r NA~ PJuA^7\prP N7XAX1X,S X L Pu _Ds7\ S NALS XS\X,^& Pr ~ ^r  S ›YŸ¸š r X.^ R r X,S"RS F
X uFs7\prS X › \nf
_  P S XT SX P NA_  P ~pr R
šT7P N7N=S}YT7S R^ r X.r r R r\s X 1RS_PZXZX.r r R r\s'TDl sv P R =\ƒr P N ^ X,Sr N'T'U P}[_)S›Q‚| W[oKoWž‡}x§^"`Yc x owy™WYX„o yY¦p\Q²Qf]yYW
ZY`Yq \DZ[Z[\YX"x o}x \n^ ¥fb^!š`[¦"`b^poD›†\ ½c W†r]\Dc c `Qap\Dq3`"owWnf"qd[W[¦]`Yx o,ZY`[XvXpWDqZ[`Yqc W m`Q^"`bj]WQqZv\nf"qWn^]¦[x X"`YjkWkqd]WbX
Da

Z[\YXvX"x§a"x c x owyYX™d[Ž y[¦]\Dc§fpo#x \n^žW[oˆWbXpoR¦Yf]WÁr]\QmmW½fb^yDc yDmWn^poˆd[WÁo#q3`Q^pX[ZY`YqWn^vrpWW[o dvW¸r[q#yQ`vo}x \n^™d[W!c `¾r]\n^p‡#x `H^]rpW


Wn^po#q#WÁc Wžr]\Qc c `Qap\Dq+`vowWnf]q£W[o¹c Ž \kq+jY`Q^[x X"`vo#x \_^nCš \ P=\  SL_PZX ^r \)^}[_^ ^v ^ N=\X1"R^  S R^7\ƒr P N'S N\p S R S LP R R^ =P ^\ S 

S7\X P N u ^ZN=^ US.  S 7R Z S T7S1 NrS [ P N N=^r XLX,^}r \RS X [ P1u _ 7s \ S N&[S X T7S X SZX s1r _OS X=S X r &N ~ PJu ^\prP N7X
 S X,\ ^r SVN=\;[PZNA~ƒr NAsS X ^ X Sr N T S R^ v7X.r N7S XLX 7 Nr\[›Q‚ˆtq [rvW c `†r]`Yq}owW¥c WÃrv\Dc c `ba]\Dq+`vowW_f„q ¦"`ÃZ[q#Wn^[d"qWfY^pW
Sa

d[yYr[x X[x \Q^½W_^¸o\nfpoWÃo}q+`Q^pX"ZY`bqWn^]rvW Xbf]qc `ÃZYc `kr]W¥d[WÃX"`†r]\Q^Y^[`Yx XvX]`Q^]rpW°db`Q^pX c Ž \Yq+jY`Q^"x X[`vo}x \n^Y‚~n\nf"q}o}`Q^po#Ÿc WYX
r]\_^po}q+`Yx§^powWYXc x yYWbX ½c Ž `Yc c \Yr"`vo#x \_^ºdvWÃr]W[Xrp\n^b^"`Yx XvX"`b^]r]W[XdY`Q^]X½c Ž \kq+jY`Q^[x X"`vo#x \_^ ^vW½X]WQma"c Wn^po,Zb`]X½Zbq3x XvWYXÁWn^
Fa

r]\QmZvoWdY`H^]Xec `dvyYr[x X[x \n^dQfrp\Dc c `Qa]\Dq+`vowW_f„q ‚Y“€W_f"c Wžc Ž¢`Q^"`bc ‘pXvWd[Wžc `Mr]\Q^Y^"`Yx XpX"`H^ rvW`[r„o3f]WQc c W\Qf d[yY¦pWDc \DZYZkWkq a

WYX„o£Zbq3x XpW¸W_^r]\DmZvoWn‚Tz cQ‘™`¸dv\n^vr¡c fY^vW!I}GKGKBD‰bI TBDCG¢J¸¶ TG9G µY³ €C7µv´FJQBDC‰QBDCG µ €C+´FEYJ nJºG µ nEY¶YIK‰bI
a  h3  3 $h3 \ ] 

TB KI}G nJQB[´ nC7J nCFJ nC Y¶bJ MG µ¶YµYCÀ´ JQ‚


m h +h 3 k 

| W[o9owW®x c c¢f]X[x \_^0WYXpo½f„o}x c W$Z[\nf]qÃc Ž \Yq3jY`H^"x X"`"o}x \n^0r"`YqºWDc c WZ[WQq3mW[o½d[W.‡}`Yx qWd[W®c `.r[`Yq}owW(B Š HJ nJ %  3 

CFJb‰ D‰YµY³nI}G IK‰bJYC¾G J‰YµQG µbCFIKE‰QBDCž‰ nC ÀJ"´ nC FJY‰Y‰YI DJQG G‰ Kµ nI ´ nJ Fµ €C7IK‰YJbC™G KJQŠ hG HµY³nIGKI ´ E 
`h3  h  Ih 6f % Gn_ `m `k  )f  Ym h 

š ~ ^r  S SARS [PVR R^ =P1 ^7\ SvU S R vr YuFouASAX P N$Su _)RP1m,^ r R r\s ›YŸnš _P"RS ZP R R ^ 7P ^7\ S)_  S NT S SZN uA^r N
  

X,^ T7S X,\ƒr N&s7S ^ X,S}r NT}'U PZ_S›bŸ€š r NA8r \ S1R S X X,^ R^1rps X '^v As1Jr  T7S X ZPu _Ds7\ SVN}ZS XC_O^. St uFou SVX ›H‚
 

| WDq}o}`Yx§^]X½Z[q\DZ[\[X¦]\n^„o,ZYc¢fpX½c \Dx§^!W_^!yb¦p\D²Qf"`Q^„o,²Qf]W¥c `ºr]`Yq}owW¥d[WYXrp\n^b^"`Yx XvX"`Q^pr]W[X½Z[WQq3mW[o,d[W†o}q+`Q^pXp‡\Dq+mWDq


q+`YdYx r"`Yc WDmWD^„o£c WYXžq#”Djbc W[X™dQf Wnf™d[W¸c Ž yY¦v\Dc§fpo}x \n^dY`H^ X™c Ž W_^powq#WQZYq3x X]W _š [S} \ ^r NXN=S X P7^r\ S N\=_O^ X$Tr*R U7S
N

RS X [ Pu<_ 7s \ S N&[SZX.‚ RS _)R X X,P& SVN=\_^ZS @l r R X N=S  S 7RS N=\Jr SVN  =^ N U=S RS_PZX,\ S P T7^VN7X R S}
[^}Jr  S ]A^r X T7^VN7X [ S Z ^ZX.‚<RS X =P X[SVX X,PZN=\ L R^r  S X P N N=S _S\"_^ X N=P7X  S _  P =S}CRS A
u ^ N }=S

TDl Su _)R PmV^r R r \*sAS7\r R XCT Pr* SVN=\7^ZX[X1u S1OR S_PZX.r\prP Ne›H‚Yu"`r"`bqoWd[W[Xrp\n^Y^"`bx X]X[`Y^vr]W[XW[XpoHZbq#yYXpW_^powyYWrp\QmmW
Z[WDq+mW[oKo#`Q^po¹`Hfrp\Dc c `Qav\Dq#`voWnf"q d]WÁZ"qWn^"dbqW™XpWYXd[ybr"x X[x \n^pXWn^Mow\nfpoWžo}q+`Q^pX"Zb`YqWn^]rvWžW[o Wn^o\nfpowW¾r]\Q^Y^"`Yx XpX"`H^ rvW
d[WŒr[`QfpX]Wn‚ ^vW>m`Qfp¦[`Yx XvWŒy[¦]\Dc§fpo}x \n^°ZYq}\[‡wWYXvX"x \Q^Y^]WDc c W>dkŽ¢fY^¥r]\Qc c `Qa]\Yq+`vowWnf[qž^]Ž W[Xpoed[\_^]r°ZYc§fpX°x mZQfpo#`Qa"c W
o
ba

c Ž \Dq+jY`Q^[x X]`vo#x \_^•m`Yx XŒ`Qfr]\Dc c `Ha \Qq3`voWnf"qžc§f"x ¿ m DmWn‚¤f]¿ÀdkWkc YŸc `—q#WbX"Z[\n^vX]`Qa"x c x owy*dQf•m`Q^"²QfvWd[Ž¢x¢^„‡w\Dq+m`"o}x \n^
a

r]\_^powW[œvo3f]WQc c WžXYf]qˆc WYXrv\D^b^"`Yx XpX"`Q^pr]WbXdY`Q^pXc ` r"`Yq}owWžWYX„o¹qWQ^]¦v\Y‘pyYW¸`Qfrv\Dc c `ba]\Dq+`vowW_f„q ‚H“TxQc `¾d[y[r"x X"x \n^ž^]Ž `¾Z"`kX

èYë
ZQf ko}qW°Z[q3x X]WÃWn^o\nfpoWÃo}q+`Q^pX"ZY`[qWn^pr]W°Zb`"qc W X[`Yc `Yq3x yDŸrvŽ WYXpoZY`YqrvW°²bf]Ž¢x c ^]Ž¢`[¦"`Yx o Z[`[X¦v\nf"c§f }ZHf‡w\nf]q ^"x qc WbX -c

x§^p‡w\Dq+m`vo}x \n^]X^]yYrvW[X]X]`Yx q#W[Xb‚


{T^p‡}x§^"Ÿ¾G µ5¶YµYC+´FJ0JY‰"´ €BDJ5¶ €ŠŠ J.B FµY¶v´FJQBDC nJ5Š Q´FI nµv´ I hB ¶ TGKG¢µY³ €CFµ"´ JQBDC‚u"`’o}q+`Q^]X[ZY`YqWQ^]r]W
 %^f F 4 E  3

r]\_^]Xpo#q+f"x owWž¦"x `žc ` r]`YqoWž\[‡K‡#q#W¾fY^]W™c x X"x§a"x c x owyžXYf]qRc WYX`voKoWn^"dQfpXd[Wžc Ž \Dq+jY`b^"x X[`vo}x \n^"Ÿnx§^"dYx ²bf]W™`Qfrv\Dc c `ba]\Dq+`voWnf]qR²bf]W
X]Ž¢x c[X]\nf[s"`bx oWy[¦v\Dc¢fvWDqhr]WDc `¾^]Wžd[yDZ[WQ^"dž²bf]W™dvW™c¢f"xkW[o_dkW¡c Ž¢`"dkyD²Qf"`vo#x \_^MdvWžXpWYXr]\DmZ[y[oWn^pr]W[X`Qf œ™apWYX]\Qx¢^pXdvW
c Ž \Dq+jY`Q^[x X]`vo#x \_^Y‚u"` r"`[qoW¥WYX„o dv\n^]rÃfY^º‡}`[r„owWnf]qd[W°m\[o}x ¦]`vo}x \n^ @c Ž¢`[rpo#x ¦[x oy°ZYq\k‡wWYXvX"x \n^b^]WDc c Wn‚| W[oKoW°x d[y[W¥X]W
a

qW[o}q\nf]¦pWÃZY`YqWvœ"WDmZYc W dY`Q^pXc WbX™‡#x¢^"`bc x owyYXÁXYf[x ¦"`Q^„owWYXRš ~ ^r  S r v S R SVXU=SZN7X S N ~ P N[\ƒr PVN T7S R Sv€r N=\*s o\
_S X,PZN7NS R]›YŸ š ^u SVN=S1 ZSt T7P N=\ R^ uAP7\ƒrL^7\prP N X l s}uCP7XZX[S X,S  SZN=T S ZPu<_\ S S1t u{ouASZX @l r R X
 

_S  S N=\ _PZX \p7RS TDl ^}=\p S X _& P S7\ X ›H‚


 

 D‰"´ CBDŠJ [´ nJ hG¢µ DI FIK¶bµv´ I


3  nJ[‰ h 3 f  

CFJb‰Y‰ TBDCF¶bJY‰
 nBDŠ µYI DJY‰ Jv´ nJ
l  

´FCFµ D‰ €CFŠ µv´FI


3 f hB C7µ €C+´ hB
  `h!h3 

 ¶ TG9G µY³ €C7µv´ JHBDC 0G KJ [´FCFJ nCFIK‰bJ G JY‰*¶YµbC+´FJY‰


3 Ym 3 Ph

 nJ ¶ DµYI9‰Y‰Yµ D¶bJ"‰ ŠE"´ I9JYC ‰ ]´


% 3 < &> 

`k E nµQG¢JYŠJ [´ €BDJ ¶ €ŠŠ J B TB[´FIG


  % 

!m KµHGKG €¶bµv´ I nJ>¶ DµYI9‰Y‰Yµ D¶bJY‰ nµ D‰—G µ


 b % 3  3

k nJY‰v´FI KE TBDI nJY‰ nEYC7µv´FI DJQG9G JY‰ #æ 


Y!m h Dh %

 nJY‰ I DµQG I ´ EY‰ C JQG J HEYJY‰ ¨ˆ`Q^pX rvW[oKoW


f  Rn

`[rvr]WYZvo}`"o}x \n^"Ÿ$c ` r]\_^Y^"`Yx XpX"`Q^prvW WYX„o(¦YfpW


r]\QmmW ‡#`[r"x c WDmW_^po W[o x mmyQdYx `"owWDmWn^po
m\na"x c x X"`Qa[c Wn‚ ¤ˆx¢^vX"x c ` r"`Yq}owW Z[WDq+mWko
šTDl s\ ^ 7R r  RS R r S N S N=\p S _S1 X,PZN7N=S}‚


[P}u D
_ s\ S AN LS ›YŸDšTDl r TS N=\prp~prSe ^L_ rT7SuAS N=\ R S X r N=Tr*rT.X X.7X.ZSL_\ƒr 7RS XCTSFMs _OP N=T S ^ u rS1t
S7\Tr X _PZNr r R r\s
^t S[X Pr N,X›YŸnšTDl r TS N=\prp~prSYTS X LR PVN=S X ›YŸn š T7S ZP N7X,\ƒr \ƒ7SY^ u r S1t$S7\)^} _ R  X r\ S RSZX sr _)S X _& P S7\[›Q‚ 

èYì
` fpo}x cpZ[WDq+mW[oKo#`Q^poDd[Ž \DZvo}x mx XvWDqnc `¦"x X"x§a"x c x owydQfm`H^"`Yj[WDqQXbf"qQX]\_^,yD²Hf"x ZkWDŸ[c `r"`Yq}owWX]WQma"c W^]WZY`[XZ[WQq3mW[oKo#q#Wd[W
ZYqWn^"d[qW¸c `ždYx Xpo#`Q^pr]WÁ^]yYrvW[X]X]`Yx q#WžWn^„o}qWrvW™²Qf]W™q#WQZ"qyYXpWn^„owW¸c ` r"`Yq}owWžW[oRc `™q}yD`Yc x oy¸d[W[Xr]\n^b^"`Yx XvX]`Q^]r]W[Xb‚€¨R`Q^]X
c WYX‡#x¢^[`Yc x owybXe²Qf[x]WQ^Xp\n^po€`voKoWn^"dQf]WbXXYf]qTdQfr]\_f"qoQowWQq3mWdY`b^]Xc ` j[W[Xpo}x \n^d[Ž yY²Qf[x Z[WQŸDc `rp\n^b^"`Yx XvX"`b^]r]WWbXpon¦[f]W
r]\QmmWžX"x mZYc W ž`Yc c \nfpWDq ‚nu]W ‡}`Yx o ²Qf]W™c `žm\na[x c x X[`vo}x \n^d[WYXr]\_^Y^"`Yx XvX"`Q^prvW"Xdb`Q^pXc WYXW_^po}qWYZYq3x XpWYXZY`vXvXpW¡Zb`Yq
\a

d[WYXžZYq\"rvW[X]XYfpX X"ZvyYr"x ‡}x ²Qf]W[Xž`[¦]W[rc Wnf"q}Xd[‘b^„`bmx ²Qf]WYXžZ[q#\YZYqWYX"ŸhdYx ‡K‡}x r"x c WDmW_^po¹m` o#q3x X"`Ha"c WbX™^]Ž W[Xpo¹Zb`[XZYq+x X Wn^
r]\_^]X"x dvyDq3`"o}x \n^c `@d]ybr"x X"x \n^Ãd[Ž `bc c \[r"`vo#x \n^WYX„o d[y[r[q3x owWÃr]\YmmW ^]WÃowW_^"`Q^po,ZY`kXr]\DmZvowW¥d[Wc Ž WQ^]X]WDmMa"c W¥d[W[X
r]\_^po}q+`Yx§^powWYXd[Ž¢x§^powyDj[q+`vo}x \n^\Dq+jY`Q^"x X[`vo}x \n^Y^vWDc c Wc x yYW[X rvW[oKoWeqWYX]Xv\Qf"q#rpW_‚
/a

R¨ Ž¢`Qfpo}qWYX‡}x§^"`Yc x oyYXZYc¢fvXe`Q^[^]Wkœ]WYXXv\Q^poHyb¦]\D²Qfvy"WbXedY`H^ Xc WYXdYx X]rv\nf"qX`Q^"`Yc ‘]X]y[Xb‚]¤ˆx§^]X"x[c `r"`bqoWWYX„oHyDjb`Yc WQmWn^„o


¦YfvWrv\DmmW fb^•yQc yDmWn^po Àµ €C7IK‰Yµ [´ G¢µ0Š €³nI}G I ´FE0I [´ JYC DJ 0m\[‘]Wn^ŒoWDq+mW*r]\QmmW *rp\nf"q}ooWDq3mW 
Nf      Ia Ia

š Ts& SVR PL__?S} R ^ uAP r R r\s \ƒ ^ NX S1 X,^ RS ›YŸš ~ ^r  S As N&s~prpr S} R SVX [P R R ^ =P1 ^7\ S X wPx z T7S _)R  X T7S uAP r R r\s
  

r N=\ S N=S ›Q‚D| W[o9owW ‡}x§^"`Yc x oy™q#W \Dx§^po€r]WQc c W[Xy"¦v\D²Qf]y[WYXZbc f]Xžs]`Qf o žc `M‡w\Qx XXbf„q£c Ž Wn^pr]\nf[q#`Yj[WDmWn^po žc Ž WQmZYc \Y‘"`Qa[x c x oy
M ^a ^a

W[oXYf[qc Ž¢`[rpr]yQc yYq+`vo}x \n^¥d[W•c Ž¢`Yc c \[r"`vo#x \_^ d[Wq#WYXpXv\nf]q#rvW[X rp\Q^Y^[`Yx XvX]`Q^]rpWYX¥d[`Q^]X¥c W[X yQ²Yf[x Z[WbX½\DZ[yQq#`vo}x \n^Y^vWDc c WYXb‚
¤fpo}qWÇ#x¢^"`bc x owy¥yb¦]\D²QfvyYWÃyDjY`Yc WDmWn^por]WQc c W°d[W¥š  ^ XLX1 S R S ER rS N=\ X.R ^ uA^ Nr1 S T7PZN=\ N=P}7X UAs PZN7X RSZX
=Pu uAS X›Q‚ˆ{€c yDmWn^pod[\n^Y^"`H^po dkW c `¦"x X"x§a"x c x owy†XYf"qc W ZY`"oq+x m\Dx§^]WÃd[W½rv\n^Y^"`Yx X]X]`Q^]rvW[X!d[WÃc Ž \Dq+jY`Q^"x X"`vo#x \n^[Ÿˆc `

r"`bqoWŒWYXpo¦bf]WŒrp\DmmW*fb^ TB[´ I}G nJŒ¶ €ŠžŠžB DI9¶Yµv´FI J FIK¶YµY¶bJ TBDCÁG JŒ¶QG¢IKJ [´FŸc§f"xZbq#\nfv¦"`Q^po`Qf]X]X[xc `
S N  %  f?f h3 3

q+`vo}x \n^"`Yc x owyW[oDc Ž \na WYrpo#x ¦[x oyedkWec `jkWYXpo#x \n^d[WYXqWYX]Xp\_f"qr]WbXs[f"m`Yx§^]WYXmx XvWWn^ZYc `[rpWdY`Q^]Xc Ž \DqjY`Q^"x X]`vo}x \n^Y‚

¤ˆx¢^vX"x[rvW[oKoW¡`H^"`Yc ‘vXpW¡ZkWkq+mW[o d[Wrv\n^pr"c§f"qW²Qf]W XYf]q fY^ZYc `Q^\DZkyDq3`"o}x \n^[^]WDc[W[o dkŽ `Yc c \"r[`vo}x \n^d[WYXq#W[X]Xv\Qf"q#rpWbXXbf"q
dQfžr]\nf]q}oTowWDq+mWQŸ c Ž¢x c c¢fvX"x \n^WbXpoˆZ[q#\na[`Qa"c WÁXYf]qc W¸rv\D^„owW[œvowWd]Ž¢`YZYZbc x r"`vo#x \_^¡d[Wc `™d[yYr[x X"x \n^Y‚€| W[o9owWx c c¢fvX"x \n^ZY`Yq+`}o
yDjY`bc WDmWn^ponx d[W_^po}x ‡}x `Qa"c WdY`Q^]Xc `‡#`[ªp\n^d[\n^„oHc `r[`[qoWd[WYXrp\n^Y^"`bx XpX[`Q^pr]WYXW[X„oHZ[WDqªbf]WZ[\nf]q_X]\Q^fpo}x c x X[`vo}x \n^ZY`Yq
c WYXžrp\Dc c `Qa]\Qq3`voWnf]q#Xb‚Tu WbX¡dbx q3x j[WD`H^poKXžWn^™VRWYXpXv\nf]q#rvW"X¾©f"m`Yx§^]WYX X]WDmMa"c Wn^poTr]\n^]X[x d[yDqWYq²QfpW¸rvW[oKoW™r"`bqoW¸\[‡9‡}qW
`Qfpœr]\Dc c `ba]\Qq3`voWnf]q#Xc `Z[\[XvX"x a"x c x oyd[WZYqWn^"d[q#Wc `d[y[r"x X"x \n^c `Zbc¢f]XZ[WDq}o}x§^]WQ^powWZ[\bXpX"x§a"c W²Hf"`Q^po c Ž¢`Yc c \Yr]`vo#x \_^d[W
a

c Wnf"qX¸rv\n^Y^]`Yx XpX"`Q^]rpWbXY‚u"`†d[y[r"x X"x \n^!d[Ž¢`Yc c \br"`vo#x \n^d[W[X½q#W[XpXv\nf"qrvWYX¸WbXpo,dv\n^]rq#W_^ ¦v\[‘]yYW¥Z[`Yqc W dYx q+x j[WQ`Y^„o,`Qf
r]\Qc c `Qa]\Dq`vowWnf[qRWn^ Wn^po}qW[oWn^"`b^po¹c Ž¢x c c¢fvX"x \n^²Qf]WÁc Ž Wn^]XvWDma[c W¸dvWYX yDc yDmW_^powX¾^]yYrpWYXpX[`Yx qW[X ™c `™ZYq+x X]W¸d[WÁd[yYr"x X"x \n^
a

èYê
WYX„oHZYqyYXpWn^poHdb`Q^]Xc `r]`Yq}owWn‚Y~n\nf[qo#`Q^po}ŸbdY`Q^]Xc Wr"`bd"qWd[WZ[q+x XvWYXd[WdvyYr[x X[x \n^X]Ž¢`YZ[ZYc x ²Hf"`Q^po dkW"XZ[\Dc x o#x ²QfvWYXd[W a

m\Y‘]Wn^ÁoWDq3mW¥–#ZYc `b^"x ‡#x r[`vo}x \n^ÃV ©R˜c W[X½Z[q\DZ[\[X!qWDc WY¦pyYX`[m”n^vWn^po ÃZ[WQ^]X]WYq²Hf W¥c W[XX"ZvyYr"x ‡}x r"x owybX!c x ybWYX Ãc `
Na a

tWYXpo#x \_^¡d[WbX¡|£\n^Y^[`Yx X]X[`b^]r]W[XžX]\n^„o£Zbc¢f]X™Z[q+x XvW"XžWn^žr]\QmZvoKW_‚ u[`™r[`Yqo\DjYq+`YZbs"x W!`YZbZY`[q3` }oˆdY`Q^]Xžr]W¾r"`[X™ZYc§fpo ko


Z[WDqªYfpW™rv\DmmWfb^yDc yDmWn^poRd[Ž¢x d[W_^po}x ‡}x r"`vo#x \_^d[W¸ZYq\na"c ”DmW[Xž²Qf"xbr]\n^]dQf"x o ¡r"c `Yq3x ‡}x WDq c W[Xžd[yYr"x X"x \n^]X ™ZYqWn^]dYqW
a 4a

ZYc§fpo koH²Qf]Wr]\DmmWfY^qyYWDc yDc yDmWn^poHd[Ž¢`Yx dvW c `dkyYr"x X[x \_^Y‚z c„‘`c f[^]W`YmMa"x jHf «oyd[Wec `ZY`Yq}oHdvWYX¨Vˆ©Á¦"x Xp¿ [¿
4a a @a

¦"x Xd[Wr]W[X“ t|†²Qf]W ^]\nf]XdYx XvrYfpo\n^pXdY`Q^]Xc `d[WQq+^"x ”Dq#WZY`[q9o#x Wn‚


å æ
³ÀJv´ nJMG µCFJb¶ DJYCF¶ DJ
^ 6l &l }GKGKBD‰bI ‰QBDC G Kµ DµQG H‰YJ
9 Ym 3 G9GKBD‰YI e‰HBDC G J¶ [´FJY´FJ
9 

Y¶ µYCÀ´ nC7µ DI TBDJ


@k `hl Kµ hG¢IK¶Yµv´FI nJ G µ nEYY¶ I9‰YI 
!m `h!h   

!#6 4< C8/1(2(4 =F S1(B#C84585:9:5 ;4 C8B<:C84#S2(6 B< <:B< 


!#6 4< C8/1(2(4 F=C8B<>2(4>P 2(4 ; /#SS? 6 C8/:2=6 B< ;4 ? /
S#41 ; 9 ;#DC:6 5:6 B< <>B< S#41 ;:9 S#B91H? / 4#582=6 B< ; D96 S#4
SˆEY‰QBnG ´ µ"´ ‰ # %
G ? ? 9>5 6 B< :5 910? /<>/? :584 C8/132(B1(/#S5#6 9:4
)% 2
4#2N1(4<8O:B D /9 C8B? ? / B1(/#2(49#1HS#B91 5 /9#45Q2=6 B<
+ 2 S#4135 B<#<:4? ? 4

6 ;#4<>2=6 6 / ? 4
#
2 2
G ? ? 9>5 6 B< :5 91 ? 4 8C B<:2(4>P:2(4 ; /#SS? 6 C8/:2=6 B< ;4
? /;D#C:6 5 6 B <S13B #/ ? 4

)3  '* ' 
W $.0/1(2(4 8E 9 =2 6 ? C 4#5 2 F 7 F;6 1(4 D? D A4<82696 )3 
 + + 2 
W .0/1(2(4 S41 4:2 ;#45 ;D#C:6 5:6 B<:5 ;4
S? /<#6 =6 C8/2(6 B< F  6 ;4<82=6 6 C8/2(6 B< ;4 S1(B ?  45

S1(4<:; 2(B9>2(4 85 / ;6 A4<:5:6 B< ;#/<>5 58B<
9>2=6 ? 6 58/2(6 B<AS#/1 9< 13B9>S4; /CQ2(49#1 ? 6 D#4#5 /9 P 1(4#5858B9#1(C84#5 C8B<<>/6 585 /<>C 4#5
# ;#4 /<>/ 4A4<82A B9>2=6 ? 3 
9:/<:2475 / +=6 <:/? 6 2(D 
E79:2=6 ? O>9 U .0/1(2(4 S41 4#2 ;#4#5 ;#DC:6 5:6 B<>5 6 <>;6 O6 ;9>4? ? 45
; /? ? BC8/:2=6 B<7;#4C B<#<:/6 5858/<>C845

9Q´FI D‰CFJQG¢JHEYJY‰
 # E79:2=6 ?Q2(4#C # <>B? B6 9>4 # C D#C 6 5 6 B<72=13/<>58S/1(4<>2(4
U 3 .0/132(4 E4#C' <>B? B 6 4 O9>4 C8B/4 9<>4 # C D#C 6 5 6 B<1(4#58SB<:58/ ? 4 2
58B? 9:2=6 B<
# 
C D#C 6 5 6 B< B:2=6 O:D#4
 3 .0/132(4  )
L D2>B;#4 A/6 5 < 6 AS? 6 9:/<:2
3  

7
S#/5 ? 6 <:2(41 O:4<:2(6 B< ; 9#< 31 B9>S#4 ; /#C82(49#1(5
 .0/1(2(4S41 42;#4#5A;D#C:6 5:6 B<:57; /? ? B#C8/2(6 B<;4
#; 4 ? 4<82=134S1=6 5 4 3 
1(4#5858B9#1(C84#5 ;#/<>5 ? / 4#582=6 B< BS#D13/2=6 B<#<:4? ? 4
; D 9#6 S4

] % ^._ 3% `bh . 7)=0 534.35' < 5(`1_ )%)54.3_ %;',3 6 80 3(' 6 0 3

è+

 %1"%+ %&/ %&8' %"%8 ,  &*  &#

|Œ W o#q3`k¦"`Yx cd[WqW[rYs]WYqrYspWmW[oWn^°yY¦[x dkWn^pr]W²Hf]Ž x cW[œkx XpoKW5fY^•q+x X"²Qf]W*d[`Q^]XŒc W[X\Dq3jb`Y^[x X[`vo}x \n^pX•Zk\nf"qž²QfpW


c ŽKfpo#x c x X"`vo#x \n^°dkWŒr"`Yq}ow\Djbq3`YZbs"x WYX°dkW"X@r]\n^Y^]`Yx X]X]`H^]rpWYX°šmyvo#x WDqn›rv\n^"dQf[x XvWD^„o Œd[WYX°dkyYr"x X"x \_^]X¥Wn^°m`vo}x ”DqW
a

d[Ž¢`Yc c \Yr[`vo}x \n^d[Wrp\_^Y^"`Yx XvX"`Q^prvW"Xm`Yq+²Qf]y[WYXZY`[qTfY^]Wdk\Dfba"c Wx c c§f]X"x \n^²Qf[`Q^po rvW²YfvWX]\n^ponc WYXrv\n^Y^]`Yx X]X]`Q^]rpWbX
a

d[Wc Ž \Qq3jY`H^"x X]`"o}x \n^W[oH²Qf[`Q^poH`Qf„œem\Qd[WYXd[WjkWYXpo#x \n^²Hf]Ž x cpWbX oHZ[\YXvX"x§a"c WdkWc Wnf[q€`vo9o}q+x¢aYfvWDq ‚[| W[oKoWd[\nfYa"c Wx c c§f]X"x \n^
X]WQma"c WZYq#y f"dbx r"x `Qa"c WeZk\nf]qnc `Z[WDq}o}x§^]Wn^]rpWd[Wc `d[yYr[x X[x \Q^ZYq#x X]Wn‚
U

u"`.ZYq+x X]W d[W d[ybr"x X[x \n^0d[Ž `bc c \Yr"`"o}x \n^’dvWYX—r]\n^b^„`bx XpX[`Q^]rpW[X0Z[Wnfpo¸x mZY`vr„owWDq¾‡\DqoWDmWn^pofY^pW W_^po}qWYZYq3x X]W5Wn^
rYsv\Dx X[x X]X[`b^poHZY`Yq_W[œ]WDmZYc Wd[Wd[y[¦]WDc \DZ[Z[WDqHowWDck^]\nfp¦]WQ`Qf,XvWYr owW_f"q€d[Ž¢`[r„o}x ¦"x owy\nfd[Wž^pWZY`kXm\Q^poWDqTfb^ZYq\ W[oDr[`Yq M

c Ž \Dq+jY`Q^[x X]`vo#x \_^^]W½dYx X"Zv\YX]W½Z[`[XÁd[W[X™rp\n^Y^"`bx X]X[`Q^pr]W[X^]yYrpW[XvX"`Yx qWYXb‚ qc ŽKfpo#x c x X"`voWnf"qdvW½c `Ár"`[q}owW #d[yYr"x d[Wnf]q ^]W
^` c

X]WQma"c WZb`]Xr]\Q^]Xpr[x W_^po_dkWc Ž \Dq+x WD^„o}`vo#x \n^x¢^vyY¦"x o}`Qa[c Wžd]Wžc ` q#WYZYqyYXvWD^„o}`vo#x \n^ZYq\DZv\YX]yYWž–X[fYa WYr„o}x ¦"x owydkWc `Mr"`[qoWY˜7‚
u]Ž9fpo}x c x X[`vowWnf[q #d[yYr"x d[WQf"q ^]W¾‡wWYq3`Ádv\n^]ržZY`vX¡`[ZYZkWDc ºfY^`Hfpo}qWZ[\Dx§^poˆdvW™¦YfvW™XYf]qc W¸ZYq\Da[c ”DmWd[Ž `Yc c \br"`vo#x \n^žd[WYX
c a

r]\_^Y^"`Yx XvX"`b^]rvW"Xb‚ ¤£c \DqX¥²YfvW•c W•dky"r[x dkWnf]q`Qf]q3`c Ž¢x mZYqW[X]X[x \n^¥d[W•Z[qWn^"d[qW>fY^vW°d[yYr[x X"x \n^Ã\Da #WYr„o}x ¦]WDŸ r]WDc c WY¿#r"x
qWDZ[\YXpWDq+`ÁWn^¾‡}`Yx oˆXYf[qc W Zv\Dx§^po dkW¦YfpW d[Ž9fY^¸jYq}\nf"Z[W½d[Ž¢`vrpoWnf"qX¸d[W½c Ž Wn^„o}qWDZYq+x X]W f"^m\QmWn^„o d[\n^Y^vyDŸTWnfpœ]¿
Fa

m DmWbX rp\QmZ[ykowWn^poX dY`H^]X fY^ d[\Dm`Yx¢^vW ZY`Yq}o}x r[f"c x WDq5W[o ZYqyY\[r]r[f"Zky"X ZY`[q c Wnf]q#X ZYq\DZ[q#W[X `vrpo}x ¦"x owybX
\DZ[yQq3`vo#x \_^Y^]WDc c W[Xb‚z c ^]WÃXpWDmMa"c W¥ZY`vXÃ^]\Q^ºZbc¢fpX½²Qf]WÃc \Qq#X¸dkW c Ž9fpo}x c x X"`"o}x \n^½d[W¥c `ºr"`[qoWDŸx cT‘½`Yx ofY^]W Zbq3x X]W†Wn^
r]\QmZvoW™dQfrp\n^powWkœ]owW™d[Ž¢`Yc c \[r[`vo}x \n^d[W[Xr]\Q^Y^"`bx XpX[`Q^pr]W[XY‚Áu]Ž9fpo}x c x X"`"owWnf"q£d[W™c `Mr"`Yq}owWžrp\n^]X[x dv”DqW™²bf]W™c `žd[y[r"x X"x \n^
d[Ž¢`Yc c \Yr[`vo}x \n^dvWYXrv\n^[^"`Yx XpX"`Q^prvWYXX]WYq+`™x mmyDdYx `vowWDmWn^po€Wko€‡}`kr"x c WDmWn^poTX[f"x ¦"x W¡dkŽ W[‡9‡wW[oXY‚n| WYr"xYZkWnfpo€r]\_^"dQf"x qW Ha

fY^]W½dkyYr"x X[x \_^¸x¢^]Wk‡K‡}x r"`vrvWr"`[qrvW[oKoW½`YZYZY`[qWn^powWX[x mZYc x r"x owy½dkW½mx X]WWn^ ºfp¦"qWÃ^vWr]\Q^"dQf"x o ZY`kX mWkoKo}qWWn^
Ha

ZYc `[r]Wc W[X Z[q#\br]W[X]X[f]X.`"db`YZvowybX’dkW rv\n^"dQf"x owW dQf0r[s"`H^„jkWDmW_^po3‚™u[` d[y[r"x X"x \n^’Zk\nf"q#q+` `Yc \kqX.^]Ž [o}qW²QfpW
ZY`Yq}o}x WDc c WQmWn^„obmx X]WWn^ ºf]¦[qW¦v\Dx q#WX[f]Xpr"x owWQqnd[WYXa"c \Yr]`Yj[W[XWDmZ YrYs[`Y^„o"o\nfpoWe`Yc c \Yr"`vo#x \_^ d[Wr]\_^Y^"`Yx XpX"`Q^prvWYXY‚

]u Ž \Dq+x jYx§^]Wd[WrvW[oKoWd[\nfYa[c Wx c c§f]X[x \Q^Z[Wnf„oYo}q\nf]¦vWDq€ZYc§fpX"x Wnf]q#XW[œYZYc x r[`vo}x \n^pXY‚u"`‡#`Yx§a"c W‡#`Ymx c x `bq3x owyžd[WYXfpo#x c x X"`voWnf"qX
x§^powWDq+q\Dj[y[X¸`[¦vW"rÁc `mx XvWWn^ ºf ¦[q#W½dvW½“Tt|—W[o d[W½d[yQm`YqrYsvW"XÁd[W½t|>WvœYZYc x ²Qf]WÁr]WQqo#`Yx¢^vWDmWQ^po Wn^¸ZY`Yq}o}x W
r]WkoKowW@X"x o3f"`vo#x \_^Y‚ | W°m`Q^"²Hf Wd[WÃrYf"c o3f"qW°dvW°c `¥t|Ÿc Ž `bZ"Zb`Yq#W_^powWÇ#`[r"x c x oy°d[WÃr]\n^pX„o}q f]rpo#x \n^½d[W@rpWÃow‘[Z[W°dvW

è

“h‘]X„ow”DmWYX™rv\DmmW c W[X™‡\Dq}oKX½a]W[Xv\Dx¢^pX`vrpo3fvWDc X¾Wn^!m`vo}x ”DqW½dkW tV©ŒyY¦v\Y²Qf]yYX¸Zbc¢fpX†s"`bfpo,^vWX]WDmMa"c Wn^po ZY`kX
Z[WDq+mW[oKo#q#W`Qf \nf"q+d[Ž¢sYf[xpc `ZYq+x XvWed[WqW"rbf"cv^]yYrpWbX]X]`Yx q#WZ[\nf]qnZYqWn^"d[qWW_^,rv\DmZ"owWr]Wr]\Q^powWkœ]owWd[Wr]\n^prvWDZvo}x \n^Y‚

·€\nfpoW[‡w\Qx XZYc§f]X"x WQf"q#X¾yDc yQmWn^„owX†^ \_f]X¸`Ym”n^]Wn^„o ^"f[`Q^pr]WYqc Ž¢`Q^"`Yc ‘pX]W_‚ R\Qf]X`v¦]\n^pXÁr[s]\Dx X"xTd[WÁo#q3`Yx owWQqrpWkoKowW
a

qWYrYs]WYqr[s]WW_^`Q^"`Yc ‘vX"`b^po€d[WYXdbx Xprv\nf"qXdvWrp\Dmmfb^"x r[`vo}x \n^W[œvowWDq ^pWoWn^YfpXeZb`"qTd[W[Xd[y[r"x d[Wnf]qX 3f„o}x c x X"`voWnf"qXdvW


-c

r"`bqo\DjYq#`YZHs"x W[Xžd[W[Xr]\_^"^[`Yx XpX[`Q^pr]WYXb‚ T\nf]Xžd]Wb¦]\Q^]Xdk\D^vrZYq#W_^"d[q#W™W_^erv\n^pX"x d[yDq+`vo}x \n^²bf]W¾rpW[oKoW¸Z[\YX[x o#x \n^žd[W[X


`[r„owWnf"q}X x§^poWDq3q\Dj[y[Xx§^p‡}c§f]Wn^]rvWec `M^"`vo3f[q#WdQfZ"q\DZ[\[Xb‚
¨RWž‡#`Yx o#Ÿ€x cDqWYXvX]\Dq}o¹d[WÁc Ž y[o3f[d]WÁ²Qf]Wž¦"q+`Yx XvWDma[c `Qa[c WDmWQ^poˆfb^ WÁZY`Yq}o}x W¸dQfdYx X]r]\Qf"qXoWn^[fX]Ž¢`Yd[qW"XvX]W¸dbx q#WbrpowWQmWn^„o
`Qfpœrp\Dc c `Ha]\Dq#`voWnf"qXd[Wžc Ž \Dq+j"`H^"x X[`vo}x \n^Y‚Qu]Ž¢`Q^]`Yc ‘pX]Wm\n^po#q#W²Hf]Wc WdYx Xpr]\_f„qX`Yf„ow\nf"qTd[Wžc `r[`[qoW¦"x X]W MWn^‡#`Yx q#W
4a

fY^\_fpo}x cDdkW™r]\nsvy"X[x \_^x¢^„owWDq ^]W¸x§^]dYx ²Hf"`Q^poR`Qf œr]\Qc c `Qa]\Yq+`vowWnf]qXc WYX\_a WYr„o}x ‡wXdkŽ `Ydb`YZvo}`Ha"x c x owyDŸhd[Ž WQmZYc \Y‘[`Ya[x c x oy™W[o
d[W™qWYX"Zv\n^]X]`Ha"x c x X"`vo#x \n^²Qf[xYc W_f„qXXp\n^po dkyYX]\Yq+m`Yx X‡}x œ"ybXY‚n~H`bqR`Yx c c Wnf"qXrvW™dYx Xprv\nf]q#XXvŽ `[dYqW[X]XvWyYjY`bc WDmWn^pono#q#”bX
r"c `Yx q#WQmWn^„o¹`Qf œ\Qq3jY`b^"x X"`"o}x \n^pXW[œvowyDq+x WQf"qW[X ™c Ž Wn^po}qWDZYq+x XvWn‚nz cbX]Ž¢`YjYx o¹d[Ž¢`v‡9‡}x q3mWDq£W[o¹d[WÁm\n^„o}qWDqˆ²Hf]W¸c `™j[WYX„o}x \n^
a

d[WYXq}WYXpX]\nf[qr]W[XžsYf"m`Yx§^]W[XW[Xpo€W[‡9‡}x r"`[rvWDŸnZ[WYq‡\Dq+m`Q^„owW™m`bx XXYf]q}ow\nfpo q+`vo#x \n^b^]WDc c WždY`Q^pXc `žmW[XYf"qW\ WDc c WWYX„o


\nfpo#x c c yYW•Zb`YqdkWYX½\nf„o}x c XÃd[yYr]q+x oX rp\QmmW°\_a #W[r„o}x ‡wXY‚| W[o9owWŒZ[\YX„o3f"qWW[Xpod[Ž¢`Qfpo#`Q^poZYc§f X¥Z[WYqrpWDZvo#x¢a"c WŒ²Qf]W°c WYX
ZYq\DZ[\[XÃWn^po\nf"q+`Y^„oc Ž¢`[rpo#x \n^¥d[WYX¨ˆx qWYr„o}x \n^pX dkWYXV WYXpXv\nf"qrvWYX©ˆf[m`Yx§^]WYXÃWDc c W"Xv¿Àm DmW[X°–#ZYc `Q^"x ‡}x r]`vo}x \n^V©R˜
m\n^po}qWn^pofY^vW™r]WYq}o}`Yx§^]WZ"q+x X]W¸d[W¾r]\Q^]Xpr"x Wn^]rpWd[W[Xrv\n^po#q3`Yx ^powWYX™Z[W[X[`Q^po Xbf"q c Ž¢`Yc c \Yr[`vo}x \n^dkW"X r]\n^b^"`Yx XvX"`b^]r]W[Xb‚
¨RWc `m DmWm`Q^"x ”DqWDŸY\_^eZ[Wnf„o [o#q#Wžq#WQc `vo#x ¦vWDmWD^„oHXbf"q3Z[q+x Xd[Wc `o#q#”YX‡}`bx¢a"c WXvWn^pX"x§a"x c x X"`vo#x \_^e`QfZYq\YrvW"XvXYfpXd[W
r]\_^]rpWDZvo#x \n^¥d[Ž¢`vrpowW_f"qXÃXp\nf]¦vWD^„o W_fpœ]¿Àm DmWYX x mZYc x ²Qf]y[X¥d[`Q^]X¥c Ž yDc `Qap\Dq+`vo}x \n^ dkW•c `Ãr"`[q}owWn‚u]Ž Wn^]XvWDmMa"c WŒd[W[X
²Qf"`bc x ‡}x r"`vo#x ‡Xe`"oKo}q+x§aYf]yYX c `r[`YqoWqWn^p‡\Dq#rpW_^po_c Wr[`Yq+`[rpo”kqW\Qa WYr„o}x ‡_dQf“Tt,|@ZYc¢f„o [o€²Qf]Wžd[Wm\n^po#q#WDqTc `ZY`bqo€dYW
a

XYfba #Wbrpo}x ¦"x owyžXv\nfpX]¿ 3`vr]W_^powWn‚ ^ZvWnfpo¹dk\n^prXpW¸d[WQm`Q^]d[WQqTXpŽ x c_^]Ž ‘ž`™ZY`vXc žd[W¸c `™Z[`Yq}o¹d[W[X™¨ V©fY^]Wž¦]\Dc \n^poy
 %` a

d[Ž¢`v‡K‡#x q+mWDqTc Ž \na WYrpo#x ¦[x oyd[WbX^]\_f ¦vWD`Qf œ\nfpo}x c Xrv\n^pªYfpXY‚Y| WYr"xvdY`Q^]Xc Ž \na #WYr„o}x ‡ ^v\[o}`YmmWn^po€d[Wmx W_fpœerv\n^]¦]`Yx§^]r]qW
c WYX™dYx qWYr„o}x \n^pX\QZ[yDq#`vo#x \_^Y^]WDc c WbXWko£c WYX™ZY`[q}owWn^"`bx qW[X¡dkW!c Ž \Qq#jY`Q^"x X"`"o}x \n^¡dkW!c `¸ZkWDqo#x¢^vWD^vr]Wd[W[XoWYrYsb^"x ²bf]WbX¸V ©
d[yYXv\Dq+m`Yx Xf„o}x c x X]yYWbXY‚

çYé
| Ž WYXpoZ[\nf[q3²bf]\Dx X[xc `d[\nfba"c WŒx c c§f]X"x \Q^ yb¦]\D²QfpyYWŒZY`Yq`oZ[\YXvX"x§a"c WDŸWDc c WWYXpor]WYq}o}`Yx§^]WDmWn^po ^Yf"`Q^vrpWDq ‚u]WbX
a

`Q^"`bc ‘vXpWYXqyD`Yc x Xvy"WbXec `Yx XvX]Wn^poQXYf"ZYZk\"XvWDq+ŸDdY`b^]Xr]WDq}o}`Yx§^]Xr[`vX]ŸnfY^vWZYq+x XvWdvWrv\Q^]Xpr"x Wn^]rpWžd[Wc Ž Wkœkx X„owWn^]rvWd[WrpWbX


x c c§f]X"x \n^]Xd[Wžc `ZY`bqo€d[W[X¨ˆx qW"r„o}x \n^]XdvWYXVTWYXpXv\nf"qrvW"X ©f"m`bx¢^]WbXex mZbc x ²Qf]yYW[XW[oTfY^]W¦]\Qc \n^„owydkWc W"XW[œ"ZYc \Dx owWDq
`Qfmx Wnfpœ¡Zk\nf]qˆ`Qav\nfpo}x q `Yf„œo}q+`Q^pXp‡\Dq+m`vo#x \_^]X\Yq+jY`Q^"x X[`vo}x \Q^Y^]WDc c WYX²QfvŽ WDc c W"X Xp\nfYs"`bx oWn^poˆ–y[¦]\Dc§fpo#x \n^ždQfq+`"ZbZ[\Dq}o
dQfX"`Yc `[q3x y c Ž \Qq3jY`b^"x X"`"o}x \n^"ŸQq#WQ^]¦v\Dx]d[Wžc `qWYX]Z[\_^ X[`Qa"x c x owyždvWc `j[W[Xpo#x \_^ed[Wžc Ž¢`Yc c \[r"`"o}x \n^\YZ[yDq+`vo#x \n^[^]WQc c Wd[WrvW[X
a

qWYXpX]\nf[qr]WYX`Qf œdYx q#W[r„o}x \n^]X\DZ[yYq+`vo}x \n^Y^]WQc c W[X"ŸvW[owrv˜F‚

R¨ W‡}`bx o#Ÿ[r]Wo#q3`v¦"`bx ck^ WZkWnfpoD`Qf \nf"q#dkŽKsYf[x [o#q#Wr]\Q^]X[x d[yYqye²Hf]Wrv\DmmWWvœkZbc \Yq+`vow\Dx qWW[onx cvd[WY¦]q+`Yx o [o}qWe`bZYZYq\[‡\n^"dYx
Z[\nf[qZk\Dfv¦]\Dx q r[`"q+`[r„owyDq+x X]WQqZYc§f]XŒZ"qyYr[x X]yDmWn^poX"x r]W[XŒx c c¢fvX"x \n^]X¥Xv\n^pod[yYZY`[XpX]ybW"XŒc \DqXŒd[Wc ŽKf„o}x c x X"`vo#x \_^•d[W
r"`bqo\DjYq#`YZHs"x W[X¸dkWYX™r]\_^"^[`Yx XpX[`Q^pr]WYX[ŸT¦]\Qx qWWkœkZYc \Dx owyYW[X¸ZY`bq r]WDq}o}`Yx§^]X¸`krpowW_f„qXY‚ ^]W½d[WYX¸ZkWkqX"ZvWYr„o}x ¦]W[X¸d[WrvW
o

o}q+`[¦[`Yx cbWYX„o¹d[W¸Zk\nf"qXbf"x ¦]qW™rvW[oKoW¸`Q^"`Yc ‘pX]WÁd[W¸dYx Xpr]\nf[qX ™Z[`Yq}o}x q d[Ž x§^poWDq#¦[x Wki Xžq#yD`bc x XvyYXW_^x¢^„owWDq ^pW ™ZYc§f]X"x Wnf]qX
a Ha

\Dq+jY`Q^"x X"`vo#x \n^vXY‚

z c¹^]Ž Wn^¸q#W[X„owW½ZY`vX¸m\Dx§^ XÁ²YfvW¸rvWÁo}q+`]¦[`Yx cQr]\n^"dbf"x o Z[WQ^]XvWYq²Qf]Wc WYX™“ t|*ZvWnf]¦pWn^„oˆX]Ž¢`v¦]yDqWQqdvWYXžXp‘]X„ow”DmWYX


a

‡w\QqoWDmW_^poˆWDmZYqWDx¢^„owX¸d[Ž¢`YmMa"x jQf «oyr]\DjH^"x o#x ¦vWn‚Ru]W_f"q`YZbZY`[qWn^poWX"x mZYc x r"x owy½d[Wrv\n^]r]WYZvo#x \_^¸m`Yx X™Xbf"qo\nfpo c Wnf"q
o}q”YX¥jYq#`H^"d[WŒc x X[x¢a[x c x oy°Wko,‡#`[r"x c x oy•d[Ž9fpo#x c x X[`vo}x \n^ÃXYf]q fY^½yQc yYmWn^po`Qf]XvX"x `Qa]Xpo#q#`Yx o²Qf]WŒc W[XÃr]\Q^Y^"`bx XpX[`Q^pr]WYXÃd[W
c Ž \Dq+jY`Q^[x X]`vo#x \_^Z[Wnf]¦vWQ^porv\n^"dQf"x q#W c WYX5fpo}x c x X"`"owWnf"q}X 0x jQ^p\DqWDq¸c WYX owWn^"`b^poX>W[o™c WbX`Qa]\_fpo}x XpX"`Q^„owXdkW c W_f„q
a

r]\_^]rpWDZvo#x \n^Wko€fpo}x c x X[`vo}x \n^Y‚v¤f]X]X[x ŸYc WYXqyYXbf"c o#`vowXd[Wr]W[o9owWqW[rYs]WDq}rYs]WXbf„jbj[”DqWn^„oH²Qf]Wc ŽKf„o}x c x X"`vo#x \_^d[Wr]Wo‘"Z[Wd[W
“h‘]X„ow”DmWYX(d[W tW[X„o}x \n^±dkW"X(| \n^b^„`bx XpX[`Q^]rpWYX(d[\Dx  o [o}q}W­Wn^„ow\nf"qyYW d[W­ZYqy[r"`Qf„o}x \n^]XY‚Á¤T‡}x§^(d[W qWn^"d[qW
c Ž x§^powWQq3ZYqy[o#`vo}x \n^ W[o c Ž9fpo}x c x X[`vo}x \n^ d[W r]WbX “Tt| Z[WYq}o}x§^]Wn^poWYX"Ÿ*x cX]WDmMa"c WDq#`Yx o ^]yYr]W[XvX]`Yx qW¯d]W¯q+`YZ[Z[WDc WDq
X]‘vXpoyDm`"o}x ²Qf]WDmWQ^poc W_f"qžr"`bd"qW0d[W*r]\Q^]rvWkZ"o}x \n^"Ÿc W’ZkyDq3x m”[o}qW0d[WYXŒr]\Q^Y^[`Yx XpX[`Q^pr]WYXr]\_f ¦vWDq}or]\DmmW0c WYX
‡}x§^"`Yc x owyYXž`voKoWn^"dQf]WbXY‚€¨RWÁc `™m DmW¸m`Q^"x ”Dq#WÁx cQZY`Yq+` oTX]\nfbs„`bx o#`Qa"c W¸d[W¸d[yb¦]WDc \DZ[Z[WDq c `¡rYf"c o3f"q}W¸d[WYX¾fpo}x c x X"`"owWnf"q}X
Wn^™m`"o}x ”Dq#WdvW!tW[Xpo#x \_^¡d[W[X™| \Q^Y^"`Yx XpX"`H^ rvWYXY‚h¨RWY¦]`Q^poˆc `™mMf"c o#x Zbc x r"`vo#x \_^¡d[WÁrpWYX X]‘pXpo”DmWYXrvW"X™ZYqy[r"`Qf„o}x \n^pX
r]\_^"dYx o}x \n^Y^]Wn^„ob`Hf #\_f„q+d[Ž9sYf"xpc `ZkWDq‡\Dq+m`b^]rvWed[Wc `t|½db`Q^pX,c WYX\Dq3jb`Q^"x X]`vo}x \n^]Xb‚

ç
¤f]¿ d[WDc YŸYrvWo#q3`[¦[`Yx c]rv\n^]dQf"x oHyQjY`Yc WDmW_^po q3`bZYZ[WDc WDqT²QfpWc WYX“ t|^vWZ[\nf[q3q\Q^po_`k¦]\Dx q£fY^ex mZb`[rpo€Z[\YX[x o#x ‡nXYf"qTc `
a a

Z[WDq}‡w\Qq3m`Q^pr]WdvWc Ž \Dq+j[`Q^"x X"`vo#x \_^ ²QfvWXvŽ x c XXv\n^po€fpo#x c x X]y[Xd[`Q^pXr]WYq}o}`Yx§^]WYXrv\D^[dYx o#x \_^]XY‚"|£WZ[\Dx§^poDW[X„oHd[Ž¢`Qfpo}`H^poHZYc§fpX


x mZ[\Qqo#`Q^po X]\Qf"c x jH^]WDqT²Qf]W™c Ž \Q^r]\Q^]X„o}`voW¡`Hf #\Qf"q+d[Ž9sYf"xbfY^]W¾fpo}x c x X[`vo}x \n^d[W™ZYc§f XW_^eZYc§f]X‡}qyD²Qf]WQ^poW¡dkWr]W o‘"ZvW
^a

d[WžXp‘]X„ow”DmW[XZv\nf"qTd[W[Xd[y[r"x X"x \Q^]Xex mZY`[rpo#`Q^po€dYx q#WYr„owWDmWQ^po c `Xpo#q3`"owyDjYx W™dvW¡c Ž Wn^po}q}WDZYq+x XpWn‚[¤ˆx§^]X"x ŸndY`b^]Xc W r"`YdbqW
d[W½š¼!`[qq\Y\DmX›™\nf¸dvWÁr]WDc c§f"c WbX¡dkW¸r]q+x XvWDŸTd[WYXžr"`[q}ow\Djbq#`YZQs"x WYX™d[WÁr]\n^[^"`bx XpX[`Q^pr]WYXžXp\n^pod[W!Zbc¢f]XžWn^™ZYc§fpX
fpo#x c x XvyYWYX0Z[\nf[q`]rvr]yDc yDq#WQqc `.ZYq+x X]W d[W d[yYr"x X"x \n^X„o}q+`vowyYjYx ²Qf]W–rYsp\Dx œ5dkW d[yb¦pWDc \QZYZ[WDmWQ^po¸d[W^v\nf]¦]WQc c W[X
`[r„o}x ¦"x owyYX Zbq3x X]WYX*dvW d[yYr[x X"x \n^dY`H^ X*c W5r"`Yd[qW d[W d[yYm`YqrYs]W[XdkW*‡3f]X[x \_^ ¿ `[r]²Qf[x X[x o#x \n^[ŸW[or]˜7‚¨ˆ`Q^pX>rvW[X
/

r]\_^powW[œvowWYX[Ÿ†fY^]W(x§^powWDq+Z[q#yko}`vo#x \n^ WDq+q\D^vyYW(d[ŽKfb^]W$r]`Yqo\DjYq#`bZQs"x W±dkWYX rp\n^Y^"`bx XpX[`Q^pr]W[XZ[Wnfpo½XvŽ `k¦]yYq#WQq†o}q”YX


M ZYqy f"dYx r"x `Qa[c W rv\Df[qohowWDq+mW™Z[\_f"qRc Ž \Dq+j[`Q^"x X"`vo#x \_^Y‚€u]`™ZYq+x XvW¡dkWrv\n^]Xpr[x Wn^prvW¡dkW¸c Ž¢`YmMa"x jQf «oyžr]\DjQ^[x o#x ¦vW¡dkWrvW[X
Ha

“Tt|WYX„ob`bc \DqXr"q fpr"x `Yc WZ[\nf]qnc WYXd[yYr[x dvWnf"q}XY‚


 *$.#/!&#%

¤ˆc `k¦"xplM‚ ŸQu]WQx dQ^vWDqh¨‚[–}èYébé ˜ Ÿ"š_g€^v\[i,c WYdYjkWel`Q^"`YjkWDmWQ^poD`Q^[dgh^]\[i,c WDdYjkWel`Q^"`YjvWDmWn^poD“h‘]X„owWDmXY


| \n^]rpWQZvo3f"`bcvÂY\n^"dY`vo#x \_^]X`Q^]dVRWYXvWY`YqrYsz XvXYf]W[X[›YŸZ]  ?^7\ S R mYŸ]¦v\Dc§‚„èbëYŸb^ Ÿ[Z éYê[¿ çYìYŸ[l`Yq#X
  

¤ˆc c `Yq+d[¿7~H\bWYX"xvÂn‚¢ŸY¨ˆq f]rbs]WYq#¿ t\Dd[`Yq3d|‚ Ÿb{Ts"c x¢^[j[WDqn“£‚[–}èYébéYç[˜ Ÿ"š"¤ ^[`Yc ‘vX]Wd[WqWDZYqW[X]Wn^po#`vo}x \n^]XW[oDd[WdYx X]rp\nf[qX"›YŸ[x§^
]Fs7\=PT7S X T7S S =S =SS NC]A^ N=^ZU=S}u S N\KŸvX]\nfvX c `r]\Y\Yq+d"x§^"`vo#x \_^ d[W VR¿¤ ‚ ·Rs"x y[o#`Yqo#Ÿ[è N yDdYx o}x \n^"Ÿb¨  ¨
 `
o

¤ˆq3jk‘"q+x X|‚ Ÿ[“hrYs n^¨T¤†– bê +v˜ÀŸ  U^ Nr [^7\prP N=^ RLRS7^ Nr N7U ^\=S7P}YmCP~ ^Z\prP N _OS X _OS[\ƒr S‚v¤ˆdYdYx X]\_^]¿3¼¾WYX"c W[‘Y‚
    

¤fYa]WDq}o}x§^t‚¢Ÿ n\nf"jQs[ƒ]`Yc `z9‚ Ÿb{€q3mx§^]W „¿Fub‚"–#èYéYébç[˜ÀŸ[š|`Yq}ow\DjYq`YZQs"x WedkWYXr]\Q^Y^"`Yx XpX"`H^ rvW[X,r[q3x o}x ²Qf]W[X›YŸ S&=S
9 < 

T7S X   rS NALSVX:S\,TS X S N=P RP UrSZX T7S RYl NA~ PuA^7\ƒr P NQŸ]XvyDq+x W Vz ¤R¿7{_|£¤ˆŸv¦]\Qc¢‚ êYŸH^ ¿ è[¿Àç }èYéYébçYŸ[Z bë[¿Àëbé"èbŸ
   6c /

{€dYx o}x \n^]Xu"`[¦v\Dx X[x WYq


¤fpo3s[x WDqnlM‚ ŸHu]yY¦]‘~T‚[– Yè[˜ Ÿ =S X ^  S X T7S LP N7N=^}r X[X ^ N[SZX"Ÿb{€dYx o}x \n^]Xc `M¨RyYrv\nf]¦]WYq}owW


9 €`Yq+dYx¢^uY‚[–#èYéYé ˜ Ÿ @l ^ N=^ R m[X,ST7S [PZN=\ SVNDŸb~€`Yq3x X"Ÿb~€qWYX]XvW"X ^"x ¦]WYqX"x o}`Yx qWed[W ÂDq+`Y^vr]W
o

9 n\nfY^p‡\nf"qb¤‚[–}èbéYéYé[˜ Ÿ[šYtWYXpo#x \n^d[Wc `r]\_^Y^"`Yx XvX"`b^]rvWW[oYXv‘pX ow”DmWYXdYä x§^]r"x o}`"o}x \n^YpWn^po#q#Wo3s]yb\Dq3x WdQf 7s[`Qf nW[o
 

o3svyY\Dq+x WdQf 7a"` ›YŸ  m X,\ u SVX:T l NA~ PJuA^7\prP NAS7\Z] ^ N^ U=SuAS N=\9Ÿ]¦v\Dc§‚„ëbŸQ^ èYŸ[Zê[¿ Qé
    2

9 n\nf"q s"x X¤‚¢ŸY¨fba]yub‚ Ÿ ]`[rv\naV‚"–#èYéYé Y˜ÀŸ[šMu"`r]\n^po#q3x§aYfpo#x \_^,d[Wc `j[WYX„o}x \n^ dkWYXr]\n^[^"`Yx XpX"`H^ rvWYX c `j[WYXpo#x \_^ d[W
<  /a

c `qWDc ”Y¦]Wn]c Wr[`[X© ‘[dYq\ f]W_a]W[r"›YŸ "^ rST


?>  b^ é D¿ èYŸb©{€|½l\n^po#q#yD`bc Ÿ[l`Yx
    

9 n\nf"q ^]\Dx XÂn‚ Ÿb~n\Dx¢^„oH“£‚ ŸQVR\ \[o [‚¢ŸY“hr"`Yq+x§^"j[WDc c ` p¿7uY‚[–#èYéYé[ê[˜ Ÿ ZRS X u S}r R R S} SVX _& ^7\pr=SVX )W  
M ?< C<     ! .‚
` { V ubuY{€“ ŸH{_dbx o#x \n^vX dkŽ q+jY`Q^"x X"`vo#x \_^"Ÿb~_`bq3x X
`

çYè
| Y\ XpXvW[oKoW~T‚ Ÿ"¤ f[d[W[oDl ‚[– Y˜ Ÿ f"ä WYXpo¿#r]W²Qf"ä fb^]Wr"`bqoWrp\DjH^"x o#x ¦vW  Ÿ[dY`Q^pX~T‚]| \YX]XvW[oKoW–#dYx q ‚ ˜ÀŸ"^ \ S X
:  > 

[PVU7Nr\pr* SZX S7\ P U^ Nr X,^7\ƒr P N X[Ÿ"| \Qc c WYrpo#x \_^ “hr"x WQ^]r]W[Xd[Wc ä `Yd[mx§^"x Xpo}q+`vo#x \n^ Ÿ f]y_a]WYr +~€`Yq3x X[u]WbX~€qWYX]XvW[X dkW
  > -c

c Ž ^"x ¦]WQqX"x owy u"`[¦[`Yc  dYx o#x \_^]X{_“ gb¤


o
c

| \YXpXvW[oKoW~T‚[–}èbéYé ˜ Ÿ[šv¤!“h‘]X„owWDmx rlW[o3sv\Ddo\¤ˆqo#x rbf"c `"owW“ho3q3`voWDjYx r £x X"x \n^Y ¤^z c c¢f]X„o}q+`vo}x \n^i,x o+s `“Tm`Yc c
9 Tf]X"x§^]WYXpX i^]WYq¿Àl`Q^"`[j[WDq+›YŸ [P} N=^ R[Pv~ ON=\ S_ r X.r N7U DR \ƒ SbŸ]¦v\Dc§‚ bŸY^ èYŸ[Z êbç[¿
/`  Z  

¨f"d[WYƒ„WDqo[¤‚[–}èbéYéYç[˜ Ÿ[šu"`¦"`bc Wnf[qnd[WYXrv\n^Y^"`bx X]X[`Y^vr]W[XWn^,WQ^po#q#WQZYq3x XpWn]qWYrYs]WYqrYs]yXYf"qnc `rv\n^pr]WDZ"o}x \n^ dkW


my[o3s]\Qd[WYX\DZ[yYq+`vow\Dx qWYXd[Ž y[¦[`Yc¢f[`vo}x \n^d[W[X,rv\n^Y^]`Yx XpX"`Q^vrpWYXWD^\Dq+jY`Q^"x X]`vo#x \n^[›YŸ„o3s]”YXvWedkWed[\brpow\Qq3`vo#Ÿb{Hrv\Dc W
| Wn^po#q3`bc W ~€`Yq3x X"Ÿ R\[¦]WQma"qW
¨f"d[WYƒ„WDqo[¤‚ Ÿbu"`H^]r"x§^"xȤ‚Y–#èYéYéYì[˜ Ÿ[š~nWDq}‡w\Qq3m`Q^]rvWW[oDtWYX„o}x \D^d[WYX| \n^b^„`bx XvX]`Q^]rpWYXb„| \_^po}q+x¢abfpo}x \n^ c ` /a

r]\_^]Xpo#q+f]rpo#x \_^ dYä fY^,r]`bdYq#WdYä `b^"`bc ‘pXvWD›YŸ„¤RrpowWbX dkWe| \n^„‡wyDqW_^]rpWYXd[WYX p\Qf"q ^]y[Wd[WYXz ¤{€Ÿ[| \n^"jYq”YXdQf
<

r"x§^"²Qf[`Q^powW_^„`bx qWDŸ[l\_^po}Z[WQc c x WQq3ŸbÂDq+`Q^]r]WQŸp¤ˆZYq+x cpèYéYéYì


{€d[Wn^|‚[–}èYébé Y˜ Ÿ"š ¤^"`Yc ‘"ƒvx¢^"jrp\DjQ^[x o#x ¦vWem`YZ[Xow\ s]WDc ZXpo}q fprpo+f"q#Wx X]X[f]WYX\DqnZ[q\na"c WDmX ›bŸ  PL_S^[N[P} N=^ R[Pv~
 

 _S ^7\prP N=^VR S[X S7^1  DŸ ë YŸ[ZìYêYç[¿ ì +[ì




{€ZYZYc WDqnlM‚ k‚[–}èYébé ˜ Ÿ"šl`Y»]x§^"j g€^v\[i,c WQdYj[W £x X"x§a"c W·Rs[q#\nf]jQszK^„o}q+`Q^]W[o€gh^]\[i,c WDdYj[Wl`YZ[XY]| \n^prvWDZvowX[Ÿ
<

{€c WQmWn^„owX"Ÿ[|`[XvWYX›YŸ[x¢^ GWZ\ S X T7S R^ u S ^7Q ^r r N=\ S} N=^\prP N=^ R"P N&~ S SVNA[SP N  m[X \ Su  8r S N&[SZX
      

< {€q3mx§^]W „¿Fub‚ Ÿ n\nf"jQs"ƒv`Yc `z9‚ Ÿ„·€\nfY^"»v`Yq+`·R‚[–#èYéYéYì[˜ Ÿ[š|q+x o}x r"`Ycvgh^]\[i,c WDdYj[Wl`bZ`[X`M¨RWYr"x X"x \n^·€\b\Dcȇw\Dq
9

gh^]\[i,c WDdYj[W· q+`Q^pXp‡wWQqb¤¹r„o}x \n^]X[›YŸ =S ORS[\ƒ PVNr [Pv N=^ R[P~ MON=P7Q1RS7T US ]A^ N=^ U7SuAS N=\9Ÿv¦]\Dc§‚ DŸQz XvXYf]WèYŸ[Z
  -

 è k¿ Yé
tq fb^"dvXpowWQx¢^l‚¢ŸbVR\YX]Wn^„o3s"`Yc ¿ “ `Ha"q#\_f œ|‚[–#èYéYéYçv˜ Ÿ"š ¤™i,`[‘o#\ ©ˆx jQs[c x jQspoD|q f]r"x `Yc[gh^]\[i,c WQdYj[W‡w\Dqh{Qœ]oWn^"d[WQd
| \DmZY`Q^p‘]Ž XWDmZYc \b‘pWYWYX"›bŸ W1N7N^ R SZX T =^uX,^7T S ^r X 

©fp‡9‡"¤‚Y– bé[˜ÀZŸ ]A^L_7_ r N7U  \p ^7\ S Uvr  =PU=\KŸ „\nsY^¼!x c Wb‘ ™“h\n^]Xupo#dYŸ[|s"x rYs]WYX„owWDq
  <

u"`Q^vr"x§^"xȤ‚"–#èYéYébç[˜ÀŸ[šQz¢d[Wn^po#x ‡#x r[`vo}x \n^d[WYX‡}`krpowW_f"q#X‡#`[¦p\Dq+x X]`Q^„obc WXYf]rvrp”YXd[Ž `bd[\YZvo}x \n^d[WYX“Tt,| py[o3f"dkWed[Wr"`kX


d[Ž9fY^]Wmf„o3f]WDc c Wed[Ž¢`[XvXYf]q3`H^ rvWYX]›YŸ  m,X \uAS X TDl NA~ PuA^7\ƒr P NAS7\Z]A^ N=^ U=S}u S N\KŸv¦]\Dc§‚ +YŸb^ èYŸYZ Y ¿ Qé
  %

u"`Q^[jv‡}x WDc d[¿À“Tmx o+segnl—– Yèk˜ÀŸ[šM{DœYZYc \Dq3x§^"j o3s]W ^]WYWQd‡\Dqn`Xbs"`YqWDdr]\YjQ^"x o}x ¦]Wm`bZ›YŸZP N=^ R[P~Z]A^ N=^ U=S}u S N\


 \p=T}r S X[Ÿv¦]\Dc§‚]è YŸb^ çYŸYZç k¿ÀçY,


   ì +YŸ[l`Yx
u"`Yq\Yr[s]W ©‚[–}èbéYé ˜ÀŸ[šMu]WYX`YZYZbq#\[rYsvW"Xrv\DjQ^"x o}x ¦]W[Xd[Wc `Xpo#q#`vowyQjYx W›YŸ[x§^  \p ^7\sVUr SVX.‚LW;[\p^ R r\sS\~ƒ?\ƒ X:TS R^
 S=S1M =SYŸvr]\b\Dq3dv\n^b^]yeZb`"qb¤R¿ |‚]l`Yq}o}x§^]W[oYW[onVR¿¤™·Rs"x y[o}`bqo3ŸY| \Dc c WYrpo#x \n^  {€t{_Ÿ  z T{TVT·
9
o

< u]Wna[q3`vo‘ ¿FÂn‚¢ŸY~€`[X„ow\DqWDc c x ¿ RWDjYqW zK‚[–#èYéYé Y˜ Ÿ[š €x `Yx X,rv\DjQ^"x o}x ‡wXb"²Qf]WQc Xpo}`"o3fpoDdY`Q^vX c `ZYq3x X]Wd[Wd[yYr[x X[x \n^
 69

`[XvX"x X„owyYW ›YŸ  m,X \uAS X TDl NA~ PuA^7\ƒr P NAS7\Z]A^ N=^ U=S}u S N\KŸv¦]\Dc§‚ YŸQ^ çbŸ"ZìYè[¿ +Yê
 + 

u]WYW ©‚ Ÿ[|s]\Qx ‚[–#èYéYéYçk˜ÀŸ[š g€^v\[i,c WQdYj[Wl`Q^[`Yj[WDmWn^pon{T^"`Qa"c WDqX"Ÿb~€q#\br]W[X]XvW"X`Q^[d q+j"`H^"x ƒv`vo}x \n^"`bc
9 `

~nWDq}‡w\Dq+m`H^]r]Wn ¤^x¢^poWDjYq+`vo}x ¦]W ˆx Wki `Q^"dM{€mZbx q+x r[`Ycv{Qœk`Ymx§^„`"o}x \n^ ›bŸ ZP N=^ R[P~Z]A^ N=^ USu SVN=\ NA~ PuA^7\ƒr P N


 m,X \ SuX"Ÿv¦]\Qc¢‚]èYéYŸb^ Ÿ"Z ê k¿ÀèY,


  è +YŸb{Doy
lWDc ¦[x c c W ‚¢ŸDgnq+`[WDmWDqTgh‚KŸ"tf"q a"`vœY`Q^"x ‚[–}èbéYé Y˜ Ÿ[šz9^p‡w\Dq+m`vo3x \n^·€WYrbsY^]\Dc \Djv‘`Q^"d ,q+j[`Q^"x ƒ]`vo#x \_^"`Yc
 `

~nWDq}‡w\Dq+m`H^]r]Wn ¤^zK^poWDjYq+`vo}x ¦]Wl\Qd[WDc \[‡nz · Tf]X[x¢^]WbX]X ˆ`Yc¢fvW›YZŸ ]  =^\ S R mYŸv¦]\Dc§‚]è +YŸQ^ èbŸ"Zè +Yè
=9   

çYç
lx q+`[¿ H\_^Y^"`Yq#dkWDc[“R‚Q–#èYé[éYé[˜ ŸDš¡~H\_f„q£f[^em`Q^"`bj]WQmWn^„oHrv\D^ \Dx§^po_dkWYXr]\_^Y^]`Yx XpX[`Q^]rpWYXW[oHrv\DmZ[y[owW_^ rvW[X"›YŸZW;[\ SVX
:9

T7S R^ }u S P NA~*s S N[S T7S RYl W1XLX P r^7\prP N N\ S N=^7\ƒr P N7^ RS T7S ] ^ZN=^ USu SVN=\  \p ^7\*s Ur.S‚è b¿3èYì0l`Yx Ÿ
  

l\n^po}ZkWDc c x WDq
l\nf"q+x oX]Wn^ [‚¢Ÿ Tf"»ks~T‚ ‚ ŸHu"`YqX]Wn^©‚ ·R‚¢Ÿ „\ns"`Q^vX]Wn^l‚[–#èYé[éYè[˜ Ÿ[š¨RWY¦vWDc \DZYx§^„j`Q^"dl`Q^"`YjYx§^"j»k^]\[i,c WYdYj[W
< 9 <

o3s[q#\nf[jQs x§^poWDc c WYr„o3f"`Yc r[`YZYx o}`Yc X„o}`voWDmWn^powX[›YŸ [P N=^ R[P~ N=\ S R R SZ\p=^ R"^E_ r \ ^ R¢Ÿ]¦v\Dc§‚„çbŸY^ Ÿ[Z é[¿ è
  

R\n^"`[»v`z9‚ Ÿ„· `Y»pW_f]rYs"xv©‚[– Yëk˜ÀŸ =SMON=P7Q1RS7T U=SD S7^7\ƒr NU "Pu _^ NmYŸY{€dYx o}x \n^]X œ]‡\Dq+d ^"x ¦]WDqX[x o‘~_qWYXpX
  /`
o

~€`[rYsbf"c X]»vxȤ‚ Ÿ[tq fY^[d[XpoWDx¢^lM‚ ŸQVR\YXvWn^po+s"`Yc ¿À“T`Qa"q}\nfpœ|‚[–}èYé[éYék˜ÀŸ[št¤ˆlM{Q·R©p¤!lW[o3s]\Qd[\Dc \Dj[‘¤ˆx mWDd ow\


u]\Yr[`vowW·Rs]W| \DmZY`b^]‘]Ž X|ˆq f]r"x `Yc[gh^]\[i,c WDdYj[WD›bŸ W;Z\ S X T7S R=l "MO] "Ÿ[èYìk¿ÀèYê rpo\na"qWeèYébé"ébŸ €c WDd
 ` 9

–#“ c \Y¦vyn^"x WY˜


%` ~nWDx c ‚¢Ÿ_¤ fba]WDq}o}x§^¡t‚ Ÿ£{€q+mx§^]W „¿FuY‚¢ŸTl`vo9o}` ‚€–#èYéYé ˜ ŸTšÁu]`™r[`"q}ow\QjYq3`[ZQs[x WdvWYXrv\D^b^"`Yx XpX"`Q^pr]WbXr]q+x o#x ²QfvWYX"Ÿ¹fY^
<

\nfpo#x cdkW•j[WbXpo}x \n^½X„o}q+`vowyQjYx ²Hf]W°d[WYX†r]\n^[^"`bx XpX[`Q^pr]WYX]›Y1Ÿ W;[\ S X T "P R RP7S  Ÿè v¿ÀçYé R\Y¦]WDmea"q#WQŸ
    

· q\Y‘]W[X
< ~n\Dmx `Q^ [‚¢ŸbVR\YrYs]W|‚[–}èbéYéYè[˜ Ÿ"P N7N7^r X[X[^ NALS"^L_ r\ ^VR S Z]A^ N=^ USu SVN=\ T7S X|LP N7N=^}r X[X ^[N&[SZX S7\ P U^ Nr X,^7\ƒr P N


TA\p ^& ^}r R¢Ÿbu]ŽK©ˆ`bq3m`voKo#`Q^


“T`Y`YdMzK‚¢ŸYtq fY^[d[XpoWDx¢^lM‚ ŸbVR\YX]W_^po3s"`bc ¿ “T`Qa"q\Df„œ|‚[–#èYéYéYçv˜ Ÿ[šu]\br"`vo#x¢^"j ·Rs]W| \DmZY`b^]‘]Ž X|q fpr"x `Yc[gh^]\[i,c WDdYj[Wow\
“TZ[WYr[x ‡‘ | \Qq3Zv\Dq+`vowWlWDm\Qq#‘b„`|`vX]W“_o3f"d[‘x§^ `H^¤fpo\Dm\kox ¦]W| \DmZY`Q^p‘"›bŸ]¼Á\Dq#»„XYs]\YZ gh^]\[i,c WDdYj[W
l`Q^"`Yj[WQmWn^„ob`H^"d q+jY`b^"x X"`vo#x \n^[`YcplWQm\Dq}‘"Ÿ W;[\ SVX:TS RYl N=\S N=^7\prP N=^VR [Pr N=\"P NA~ S. S NALSP N W \ƒr ~ƒr 8r ^ R
` 

 N\ S R R r U=S N&[SYŸ [¿ ì ¤¹\ po}Ÿ„¤Rr"`YZHf"c rv\




“£s"x§^ lM‚[–}èYébé Y˜ Ÿ"š ¤Á‡}q+`YmWki\Dq3» ‡\DqQWY¦"`bc¢f]`vo#x¢^"jWYrv\n^]\Dmx r]X\[‡€gh^]\[i,c WDdYj[Wl`H^"`Yj[WDmWn^poD“h‘]X„owWDmX"›bŸ




 N&~ PJu ^\prP N ^VN=T ]A^ N=^VU=SuAS N=\KŸv¦v\Dc¢‚ DèbŸY^ Ÿ[Z ê [¿ YìYŸb¨RyYrvWDmMa„qW
-   

“TZ[WYWDcv~T©‚¢ŸY“£s"`YdQa]\Qc o ‚ Ÿb¨RW ˆq+x WYX¼†‚ Ÿ ˆ`Q^¨ˆ`Ym—~T©ˆŸ ŽK©ˆ`Yq+` g€‚[– k˜ÀŸ[š g€^v\[i,c WQdYj[Wl`YZbZYx¢^[j‡\Dq
` 

zK^[dQf]Xpo#q3x `Ycv~Tf"q+Z[\YXpWD›bŸ W;Z\ S X T7S R ^ [PVNA~ S S N[SMW[Ÿ €`Q^„‡K‡n–}|`H^"`YdY`[˜


9

·€\nfY^[»]`[q3` ·R‚ Ÿ n\nf"jHs"ƒ]`Yc `MzK‚ ŸH{_q+mx¢^]W p¿7uY‚[–#èYéYéYë[˜ Ÿ[šlçY|[fY^]Wmy[o3s]\Qd[WedkWr[`Yqo\DjYq#`bZQs"x Wed[W[X


9 6<

r]\_^Y^"`Yx XvX"`b^]rvW"Xr[q3x o}x ²Qf]W[X"›bŸ W;Z\ S X T7S R ^   "P NA~*s SVNALS N=\ S} N=^\prP N=^ RS ] W P N N\ S N=S7\ NA~ PuA^7\ƒr P N
     

 S 7N=P RPZUm|r N] PT7S N  U=^VNr [^\prP N7X"Ÿ çk¿ ëM¨TyYr]WDmMa]q#WQŸYuvWe|`Yx qWDŸb{_jk‘"ZvoWDŸb¨RyYr]WDmMa]q#W
 

·€X]W_^"j T‚¢ŸY©f[`Q^"j|‚"–#èYéYébë[˜ÀŸ[š|`YZYx o}`Yc x ƒ]x§^"j\_^egh^]\[i,c WYdYjvWn ¤ R\Y¦vWDcȤˆZYZYq\D`[rYsow\|q f]r"x `bc[g€^v\[i,c WQdYj[W


69

¨RW[oWDq3mx§^"`vo}x \n^"›bŸ
    1 ^ N7X,^v[\prP N X P N  m X,\ SuCX1‚ ] ^ Nv‚V^VN=T  m =S1 NS7\prp X ^} \ W  m,X \ SuX ^ N=T u ^VN7X
   

RWDqXpo}q+`[W[oW·R‚[– Yìk˜ÀŸ[šMu"`r[`Yq}ow\Dj[q+`YZQs"x Wrp\QjQ^"x o}x ¦]Wnp\nfpo#x cpZk\nf"qhfY^]Wd[WDm`Yqrbs]Wd[Ž W[XvX]WQ^]r]W s]Wnf]q+x X„o}x ²Qf]W


d[Ž¢x dkWn^po}x ‡}x r"`"o}x \n^ dkWYXÂD`[rpoWnf"qX|c yYXd[We“£f]rprv”[X"›YŸ W;[\ S X T{ZP R R P}=SCTS RYl W1XZX[P r^7\prP N NA~ PJu ^7\ƒr PVN S7\

]A^ N=^ U=S}u S N\KŸu"x c c W


¼ÁWn^"j[WDqh{T‚[– +[˜ Ÿ "Pu u 7Nvr \ƒr S X P~  ^[\ƒr ZS ZR S7^} Nr N7U‚u S^ Nr N7U ^VN=T|rT7S N\pr\ mkŸ[|`YmMa"q+x dbj]W ^"x ¦]WYqX"x ow‘
  

~€q#WbX]X o

ˆ`vowWbX]¿ lWDqrpWDqh~T‚ Ÿ €`vi,d[W_^¨‚[–#èYéYéYè[˜ Ÿ[šl`Q^"`bjYx¢^[jo+s]WeZb`Yq3`bd[\[œD o+s]W¦[`Yc§f"`vo}x \n^\[‡D»[^]\ki,c WDdYj[W`Q^"d


9

»[^v\[i,c WYdYjkWem`Q^"`YjkWDmWn^po#›YŸ [Pv N=^VR[P~ NA~ PuA^7\ƒr P N   rS NALSYŸv¦v\Dc¢‚]è +bŸY^ ŸYZ [¿ è
   

ç


Vous aimerez peut-être aussi