kAmu62EFC6 x>A24EX &?2 G6K BF6 DF36? =2D E6>A6C2EFC2D[ =2D C6F?:@?6D 56 G6C2?@ DF6=6? G6CD6 F? A@4@ 5:76C6?E6D] {@D 2=:>6?E@D A6D25@D J C64@?7@CE2?E6D 52? A2D@ 2 @A4:@?6D >áD =:86C2D[ =2D >6D2D D6 EC2D=252? 2= 2:C6 =:3C6 J =@D 2?7:EC:@?6D 3FD42? A=2E:==@D BF6 D62? D6?4:==@D D:? D24C:7:42C 6= D23@C] tD F?2 E6>A@C252 56 3C@496E2D[ 6?D2=252D J 3@425@D A6BF6ñ@D BF6 D6 4@>A2CE6? 7á4:=>6?E6 6? F? A2E:@ 6?EC6 2>:8@D J D6C6D BF6C:5@D]k^Am
kAm{@D :?8C65:6?E6D 7C6D4@D[ =2 AC6A2C24:ó? D6?4:==2 J =@D 2=:>6?E@D ?2EFC2=>6?E6 9:5C2E2?E6D AF656? D6C =2 32D6 56 DF ACóI:>2 C6F?:ó? 56 G6C2?@[ 6DA64:2=>6?E6 4F2?5@ DF @3;6E:G@ 6D A2D2C >6?@D E:6>A@ 6? =2 4@4:?2 J >áD E:6>A@ 4@>A2CE:6?5@ 4@? =@D :?G:E25@D] {2D FG2D 7C6D42D[ ;F8@D2D J 4@=@C:52D 56 r2=:7@C?:2 D@? F?2 @A4:ó? :562=[ J2 BF6 DF 5F=KFC2 C62=K2 =@D A=2E@D D2=25@D >:6?EC2D 6BF:=:3C2? =@D D23@C6D 29F>25@D J D2=25@D 56 =2 A2CC:==2]k^Am
kAmr@? >FJ A@42 AC6A2C24:ó?[ =2D FG2D D@? F? C67C:86C:@ A6C764E@ >:6?EC2D D6 6DA6C2 6= A=2E@ AC:?4:A2=j ?@ C6BF:6C6? A6=2C=2D[ 4@CE2C=2D ?: 9246C F?2 AC6A2C24:ó? 4@>A=:4252] &? CáA:5@ 6?;F28F6 6D E@5@ =@ BF6 D6 ?646D:E2 A2C2 D6CG:C FG2D 7C6D42D 4@>@ F?2 @A4:ó? D6?4:==2 A2C2 32?56;2D 56 3@E2?2D @ 2A6C:E:G@D 56 ú=E:>@ >:?FE@]k^Am
kAm{@ 56=:4:@D@ :>AF=D2 F?2 G:52 D2=F523=6[ J =2 D2=F5 EC26 76=:4:525j A@C 6D@ =2D FG2D[ F?2 7F6?E6 ?2EFC2= 56 2?E:@I:52?E6D J @EC@D A@=:76?@=6D[ 256>áD 56 D6C F?2 3F6?2 7F6?E6 56 G:E2>:?2 z[ D@? F? 24@>A2ñ2>:6?E@ 56=:4:@D@ A2C2 =2D 4@>:52D EÃA:42D 56= G6C2?@] $ÃCG2=2D D@=2D 4@>@ F? C67C:86C:@ 9:5C2E2?E6 8C24:2D 2 DF 2=E@ 4@?E6?:5@ 56 28F2[ @ 2AC@G6496 DF 4@>3:?24:ó? 56 D23@C[ 724:=:525 J ?FEC:4:ó? 4@>@ F? :?8C65:6?E6 4=2G6 BF6 6=6G2 =2D C646E2D G6C2?:682D]k^Am
kAm!@C 6;6>A=@[ =2D 3C@496E2D 56 D2=49:492 :E2=:2?2 4@? FG2D 56 r2=:7@C?:2 AF656? D6C =2 8C2? 2EC244:ó? 6? A2CC:==252D J C6F?:@?6D 56 7:? 56 D6>2?2[ @7C64:6?5@ F?2 AC6D6?E24:ó? 6=682?E6 D:? A2D2C 9@C2D 6? =2 4@4:?2] p4@>A2ñ252D 4@? F?2 6?D2=252 56 9:?@;@[ 4ÃEC:4@D J FG2D 56 r2=:7@C?:2[ 7@C>2? F?2 4@>:52 =:86C2 J 7á4:= BF6 AF656 :>AC6D:@?2C J C67C6D42C 2= >:D>@ E:6>A@]k^Am
kAm|:6?EC2D =@D :?G:E25@D 6DA6C2? 6= A=2E@ AC:?4:A2=[ =@D 3@425@D 56 6?5:3:2[ ?F6K J FG2D 56 r2=:7@C?:2 4@>3:?2? F? E@BF6 5F=46 J 4CF;:6?E6 4@? BF6D@ 2KF= D2=25@] r@>A=éE6=@D 4@? F? 49@CC:E@ 56 >:6=[ @ >:6= A:42?E6 A2C2 F? E@BF6 56 :?E6?D:525[ A2C2 24@>A2ñ2C =2D 4@?G6CD24:@?6D 2?:>252D J =2 C6=2;24:ó? EÃA:42 56 =2D C6F?:@?6D 56 G6C2?@]k^Am
kAmt? >F49@D D6?E:5@D[ =2D C6F?:@?6D 6? 4=:>2D 4á=:5@D E:6?6? >6?@D BF6 G6C 4@? 4@>:52D 6=23@C252D J >áD 4@? 2=:>6?E@D 7C6D4@D J 2446D:3=6D[ 4@>@ =2D FG2D[ BF6 2JF52? 2 4C62C F? 2>3:6?E6 C6=2;25@[ @7C64:6?5@ F?2 D@=F4:ó? E2?E@ ACá4E:42 4@>@ D@7:DE:4252 A2C2 9246C BF6 C64:3:C :?G:E25@D D62 >FJ 7á4:= 6DE6 G6C2?@]k^Am
kAm!2C2 56D4F3C:C >áD >2?6C2D 56 9246C DFD C6F?:@?6D >áD 6DA64:2=6D J D6?4:==2D 5FC2?E6 E@52 =2 E6>A@C252[ G:D:E6 k2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^Q E2C86ElQ03=2?<QmvC2A6DuC@>r2=:7@C?:2]4@>k^2m]k^Am
kAmk:>8 DEJ=6lQH:5E9i e__AIj A255:?8\E@Ai `_AIj A255:?8\3@EE@>i `_AIjQ DC4lQ9EEADi^^5aK_8f<=2K7@?H]4=@F57C@?E]?6E^AC@5F4E:@?^255:E:@?2=0:>286D^adhcg^`fhbh0$!056E2:=06>365`];A8n`fg`e`e`ghQ ^mk^Am
k9cmkDEC@?8mk2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^C64:A6D^:E2=:2?\D2FD286\2?5\42=:7@C?:2\8C2A6\D<6H6CD^nFE>0D@FC46l762EFC6:>A24EU2>AjFE>0>65:F>lC676CC2=U2>AjFE>042>A2:8?lR`fhbh\rpvC2A6DQ E2C86ElQ03=2?<QmqC@496E2D 56 D2=49:492 :E2=:2?2 4@? FG2D 56 r2=:7@C?:2k^2mk^DEC@?8mk^9cm
kAm!@C4:@?6Di ek^Am
kF=mk=:m` 4F492C252 56 246:E6 56 @=:G2 6IEC2 G:C86?k3C ^mk^=:mk=:m` 4F492C252 56 G:?28C6 32=Dá>:4@k3C ^mk^=:mk=:m`^a 4F492C25:E2 56 4@?5:>6?E@ :E2=:2?@ 56 9:6C32D D642Dk3C ^mk^=:mk=:mc D2=49:492D :E2=:2?2D 56 A@==@ AC64@4:52Dk3C ^mk^=:mk=:me 3C@496E2D W`_ AF=8252DXk3C ^mk^=:mk=:mb_ FG2D G6C56D[ ?68C2D J C@;2D k2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^Qm56 r2=:7@C?:2k^2mk3C ^mk^=:mk=:mac 4F25C25@D W` AF=8252 4252 F?@X 56 463@==2 C@;2k3C ^mk^=:mk=:m2=329242 7C6D42 A:4252 W@A4:@?2=Xk^=:mk^F=m
k@=mk=:mt? F? E2Kó? A6BF6ñ@[ 4@>3:?6 6= 246:E6 56 @=:G2[ 6= G:?28C6 32=Dá>:4@ J =2D 9:6C32D :E2=:2?2Dj C6D6CG2C 2 F? =25@] r@CE6 4252 D2=49:492 6? D6:D EC@K@D] x?D6CE6 6? =2D 3C@496E2D 2=E6C?2?5@ 4@? =2D FG2D J =2 463@==2]k^=:mk=:m!C642=:6?E6 =2 A2CC:==2 2 7F68@ >65:@\32;@]k^=:mk=:mr@=@BF6 F? EC@K@ 56 A2A6= 2=F>:?:@ 6?8C2D25@ D@3C6 =2 A2CC:==2 J 24@>@56 =2D 3C@496E2D 6?4:>2] pD6 5FC2?E6 d >:?FE@D[ @ 92DE2 BF6 =2D FG2D D6 DF2G:46? J =2 D2=49:492 J =@D G686E2=6D 6DEé? =:86C2>6?E6 5@C25@D[ G@=E6á?5@=2D J A:?46=á?5@=2D @42D:@?2=>6?E6 4@? G:?28C6 32=Dá>:4@ J 6= 4@?5:>6?E@ :E2=:2?@]k^=:mk=:m%C2?D7:6C2 2 F?2 7F6?E6 J 564@C6 4@? 2=329242 7C6D42 A:4252[ D: =@ 56D62]k^=:mk^@=m
kAmkDEC@?8m}@E2ik^DEC@?8m $: FE:=:K2 3C@496E2D 56 32>3ú[ C6>ó;6=2D 6? 28F2 5FC2?E6 2= >6?@D ` 9@C2 A2C2 6G:E2C BF6 D6 BF6>6?]k^Am
kAmkDEC@?8mx?7@C>24:ó? ?FEC:4:@?2= A@C A@C4:ó?ik^DEC@?8m `f_ 42=@CÃ2Dj h 8 56 AC@E6Ã?2j `` 8 56 42C3@9:5C2E@Dj `_ 8 56 8C2D2 Wdb T 56 =2D 42=@CÃ2D AC@G6?:6?E6D 56 8C2D2Xj a]d 8 56 8C2D2 D2EFC252 W`b T 56 =2D 42=@CÃ2D AC@G6?:6?E6D 56 8C2D2 D2EFC252Xj dd >8 56 4@=6DE6C@=j cf_ >8 56 D@5:@j a 8 56 7:3C2]k^Am
kAmk:>8 DEJ=6lQH:5E9i e__AIj A255:?8\E@Ai `_AIj A255:?8\3@EE@>i `_AIjQ DC4lQ9EEADi^^5aK_8f<=2K7@?H]4=@F57C@?E]?6E^AC@5F4E:@?^255:E:@?2=0:>286D^adhd_^`fhbh0$!056E2:=06>365a];A8n`fg`e`e`ghQ ^mk^Am
k9cmkDEC@?8mk2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^C64:A6D^42=:7@C?:2\8C2A6\H2=?FE\2?5\6?5:G6\3:E6D^nFE>0D@FC46l762EFC6:>A24EU2>AjFE>0>65:F>lC676CC2=U2>AjFE>042>A2:8?lR`fhbh\rpvC2A6DQmq@425@D 56 6?5:3:2[ ?F6K J FG2D 56 r2=:7@C?:2k^2mk^DEC@?8mk^9cm
kAm!@C4:@?6Di ek^Am
kF=mk=:m`a 9@;2D 8C2?56D 56 6?5:3:2 36=82 C@;2 J G6C56k3C ^mk^=:mk=:m`^b E2K2 56 BF6D@ 2KF=k3C ^mk^=:mk=:m`a FG2D ?68C2D[ G6C56D J C@;2D k2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^Q E2C86ElQ03=2?<Qm56 r2=:7@C?:2k^2m[ 4@CE252D 6? 4F2CE@Dk3C ^mk^=:mk=:mkDA2? DEJ=6lQ7@?E\D:K6i `C6>jQm`^c E2K2 56 ?F646D A:4252D 8CF6D2>6?E6 J E@DE252Dk^DA2?mk3C ^mk^=:mk=:m` 4F492C252 56 >:6= @ >:6= A:42?E6k^=:mk^F=m
k@=mk=:mr@=@BF6 =2D 9@;2D 56 6?5:3:2 6? F?2 7F6?E6 8C2?56 J 5:DEC:3FJ2 42?E:5256D :8F2=6D 56 BF6D@ D@3C6 4252 F?2] p8C68F6 4F2EC@ EC@K@D 56 FG2 2 4252 9@;2 J 6DA@=G@C66 42?E:5256D :8F2=6D 56 ?F646D] #@4Ã6 =:86C2>6?E6 4@? >:6= @ >:6= A:42?E6]k^=:mk^@=m
kAmkDEC@?8mx?7@C>24:ó? ?FEC:4:@?2= A@C A@C4:ó?ik^DEC@?8m h_ 42=@CÃ2Dj b 8 56 AC@E6Ã?2j g 8 56 42C3@9:5C2E@Dj d 8 56 8C2D2 Wd_ T 56 =2D 42=@CÃ2D AC@G6?:6?E6D 56 8C2D2Xj `]d 8 56 8C2D2 D2EFC252 W`d T 56 =2D 42=@CÃ2D AC@G6?:6?E6D 56 8C2D2 D2EFC252Xj d >8 56 4@=6DE6C@=j `_d >8 56 D@5:@j b 8 56 7:3C2]k^Am
kAmk:>8 DEJ=6lQH:5E9i e__AIj A255:?8\E@Ai `_AIj A255:?8\3@EE@>i `_AIjQ DC4lQ9EEADi^^5aK_8f<=2K7@?H]4=@F57C@?E]?6E^AC@5F4E:@?^255:E:@?2=0:>286D^adhd`^`fhbh0$!056E2:=06>365b];A8n`fg`e`e`ghQ ^mk^Am
k9cmkDEC@?8mk2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^C64:A6D^42=:7@C?:2\8C2A6\76??6=\2?5\4:ECFD\D2=25^nFE>0D@FC46l762EFC6:>A24EU2>AjFE>0>65:F>lC676CC2=U2>AjFE>042>A2:8?lR`fhbh\rpvC2A6DQ E2C86ElQ03=2?<Qmt?D2=252 56 9:?@;@[ 4ÃEC:4@D J FG2D 56 r2=:7@C?:2k^2mk^DEC@?8mk^9cm
kAm!@C4:@?6Di ck^Am
k2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^C64:A6D^42=:7@C?:2\8C2A6\76??6=\2?5\4:ECFD\D2=25^nFE>0D@FC46l762EFC6:>A24EU2>AjFE>0>65:F>lC676CC2=U2>AjFE>042>A2:8?lR`fhbh\rpvC2A6DQ E2C86ElQ03=2?<Qmk^2m
kF=mk=:ma k2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^C64:A6D^42=:7@C?:2\8C2A6\76??6=\2?5\4:ECFD\D2=25^nFE>0D@FC46l762EFC6:>A24EU2>AjFE>0>65:F>lC676CC2=U2>AjFE>042>A2:8?lR`fhbh\rpvC2A6DQ E2C86ElQ03=2?<Q DEJ=6lQ7@?E\D:K6i `C6>jQm4F492C252D 56 246:E6 56 @=:G2 6IEC2 G:C86?k^2mk^=:mk=:m` `^a 4F492C252D 56 ;F8@ 56 =:>ó?k3C ^mk^=:mk=:m` 4F492C25:E2 56 >:6=k3C ^mk^=:mk=:mD2= >2C:?2[ 2= 8FDE@k3C ^mk^=:mk=:mb E2K2D 56 FG2D 56 k2 9C67lQ9EEADi^^HHH]8C2A6D7C@>42=:7@C?:2]4@>^Q E2C86ElQ03=2?<Qmr2=:7@C?:2 4@CE252D A@C =2 >:E25k^2mk3C ^mk^=:mk=:mb >2?52C:?2D 7C6D42D[ A6=252D J D6A2C252D 6? 82;@Dk3C ^mk^=:mk=:m`^a E2K2 56 9:?@;@ W2?ÃDX 4@CE25@ 6? =á>:?2D >FJ 7:?2Dk3C ^mk^=:mk=:mc E2K2D 56 9@;2D E:6C?2D 56 Cú4F=2 323Jk3C ^mk^=:mk=:m`^b E2K2 56 A:DE249@D E@DE25@D J D2=25@D D:? 4áD42C2k^=:mk^F=m
k@=mk=:mt? F? E2Kó? 8C2?56[ >6K4=6 6= 246:E6 56 @=:G2[ 6= ;F8@ 56 =:>ó?[ =2 >:6= J =2 D2=] p8C68F6 =2D FG2D[ =2D >2?52C:?2D J 6= 9:?@;@j >6K4=6 A2C2 4F3C:C 3:6?] r@=@BF6 =2 Cú4F=2 6? 4F2EC@ E2K@?6D J 28C68F6 6?4:>2 =2 >6K4=2 56 7CFE2D] tDA@=G@C66 4@? =@D A:DE249@D J D:CG2]k^=:mk^@=m
kAmkDEC@?8mx?7@C>24:ó? ?FEC:4:@?2= A@C A@C4:ó?ik^DEC@?8m ac_ 42=@CÃ2Dj c 8 56 AC@E6Ã?2j bb 8 56 42C3@9:5C2E@Dj `a 8 56 8C2D2 Wcd T 56 =2D 42=@CÃ2D AC@G6?:6?E6D 56 8C2D2Xj `]d 8 56 8C2D2 D2EFC252 We T 56 =2D 42=@CÃ2D AC@G6?:6?E6D 56 8C2D2 D2EFC252Xj _ >8 56 4@=6DE6C@=j e_ >8 56 D@5:@j c 8 56 7:3C2]k^Am
kAmk:>8 DC4lQ9EEADi^^DD=]8@@8=6\2?2=JE:4D]4@>^4@==64EnGl`U2>AjE:5l&p\cgabb_\fU2>Aj4:5l`hdddd`6\`hfd\d6da\_453\gd`e_f`_hc45U2>AjD4lDE2CEU2>AjElA286G:6HU2>Aj5=l9EEATbpTauTauEC24<]72>:=J762EFC6D]4@>Tau`fhbhTau`_c_hU2>Aj5Elt{t't\$&$\#t&}x~}t$\st\'t#p}~\!t}$p}s~\t}\{p\$p{&s\p!t#x%x'~$\r~|xsp$\*\v&p#}xrx~}t$\uTrbTg`rx{t$\wtrwp$\r~}\&'p$\u#t$rp$\*\y&v~$p$Q ^m k:>8 DC4lQ9EEADi^^6CA]762EFC6:>A24E]4@>^2A:^G`^EC24<:?8^`fhbh^`_c_h^EC24<]8:7Q ^mk^Am
