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$<$*/8%-6(6!62!0*22*!2%!B-$&!M!62!2&/86-(*!2%!8%(!
8%-A2*&-6(6b! 62! 4(#(%02(*! /$6$! #$! ]82! 2&! #(! A-6(a!
'$M!/2J#$:$!:*(68(6$!62!8%(!8%-A2*&-6(6b!M!#$!]82!
K8-!(%/2&!62!#(!,-%(!%$!62Fc!62!&2*#$b!(8%]82!&D!,2!
K$*/(#20D!<(*(!<$62*!(M86(*!(!$/*(&!AD0/-,(&!]82!
6242%! 2%K*2%/(*! &-/8(0-$%2&! 68*(&b! ,8M! 68*(&b!
0$%!,80>$&!(&<20/$&!62!&8&!A-6(&a!
9%! 2&/$! 62! #(&! ,-%(&! (%/-<2*&$%(! >(M! 8%!
<*$4#2,(! <(*(! #(&! AD0/-,(&a! 9&! #(! AD0/-,(! #(! ]82!
6242!48&0(*!(#!9&/(6$!M!%$!2#!9&/(6$!2#!]82!48&0(!

<=B

<=C

30.2#'*"+,'&-.'($#(#')&'!"#$%&

ZI%,.'+"7I#'V"V0

(!#(!AD0/-,(a!.$*!2&$!#$&!/*_,-/2&!&$%!2%:$**$&$&!
<(*(!/$6$!2#!]82!<-&(!8%(!,-%(a!'-!2&!6-KD0-#!>(02*!
A82#/(&!0$%!#(&!6$&!<-2*%(&b!-,(:D%2&2!0J,$!<8262!
&2*! 0$%! 8%(! &$#(! $! &-%! %-%:8%(b! $! &-%! A2*b! $! &-%!
4*()$&b! $! 2%! K-%b! 0$%! 08(#]8-2*! &2082#(a! "62,_&b!
2#!0(,<2&-%$b!]82!2&!]8-2%!<-&(!#(!,-%(b!%$!&(42!
]8c!]8-2*2!620-*!#2Mb!M!,80>$!,2%$&!]82!2N-&/2!#(!
^2M!ZTW!62!TUUVb!]82!2&!62!@*62%!.C4#-0$!M!*-:2!#(!
(/2%0-J%!(!AD0/-,(&!62#!0$%K#-0/$!(*,(6$!-%/2*%$a!
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A-A-2%6(b!#(!-%62,%-)(0-J%b!#(&!<2%&-$%2&!M!$/*$&!
42%2K-0-$&!0$,$!0*c6-/$&!4#(%6$&!M!(6]8-&-0-J%!62!
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%(! <(*(! $4/2%2*! 8%(! (M86(! 62#! 9&/(6$a! ^#2:(%!
(! 8%! 26-K-0-$! M! 62! (>D! #$&! ,(%6(%! <(*(! "00-J%!
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>$M!8%$&!6-20-$0>$!,-##$%2&a!"!,D!,2!6-2*$%!0$,$!
$0>$! ,-##$%2&! M! <-0$y! 62! *2&/$! %8%0(! &2! >(%!
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&(#/(b!&-!E84c%!#$!]82!&2(y!i9&$!2*(!#$!]82!A(#D(!
,-!<-2*%(j!1$!0*2$a!;(,<$0$!2&!]82!2#!9&/(6$!#2!
<(:82! #(! <-2*%(! (! 8%$b! <2*$! ]82! &D! 2%K$]82! 8%(!
<(*/2!*2&<$%&(4#2!62#!*2<#(%/2(,-2%/$!62!A-6(!62#!
-%6-A-68$!2%!#(!&$0-26(6a!
L%0#8&$! <(*(! ,Db! ]82! /2%:$! 8%(! (0/-/86! ,8M!
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6-0/(*! 0#(&2&b! <$*]82! -4(! (! ##2:(*! (! ,-&! 08(*2%X
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]82!,-!2%K$]82!/2%D(!]82!-*!(>$*(!<$*!6$%62!,_&!

<=D

<=E

30.2#'*"+,'&-.'($#(#')&'!"#$%&

ZI%,.'+"7I#'V"V0

,2!%202&-/(*(%b!<$*!#$!]82!M$!>(4D(!A-A-6$b!<$6D(!
(M86(*!(!$/*(&!AD0/-,(&a!
9%!,26-$!62!,-!*208<2*(0-J%b!2,<20c!(!6$08X
,2%/(*,2! &$4*2! 2#! $*62%! <C4#-0$! ]82! (]82F(! (!
3$#$,4-(b! M! 2&$! ,2! ##2AJ! (! 0$%$02*! #$! ]82! 2&! 2#!
B2*20>$!L%/2*%(0-$%(#!g8,(%-/(*-$!dBLge!M!#$!]82!
&$%!#$&!B2*20>$&!g8,(%$&a!^$!<*-,2*$!62!#$!]82!
,2!2%/2*c!2&!]82!2N-&/2!#(!3$%A2%0-J%!62!@//(I(b!
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-%&/-/8M2!(!*(D)!62#!&8K*-,-2%/$!]82!0(8&(%!2&/$&!
,26-$&!62!:82**(!62&20>(6$&!<$*!2#!BLga
"!<(*/-*!62!(>D!2%/2%6D!]82!>(4D(!8%(&!2%/-6(X
62&!]82!*2&<(#6(4(%!(!#(&!AD0/-,(&!M!]82!>(4D(!8%!
9&/(6$!]82!(<(6*-%(4(!62!8%(!8!$/*(!K$*,(!(!#(&!
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9%!2&$&!6D(&b!,2!-%A-/(*$%!(#!<*-,2*!2%082%X
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/$*!62#!.1\Bb!M!#82:$!2##(!,2!%$,4*J!0$,$!:2*2%X
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<==

<=>

30.2#'*"+,'&-.'($#(#')&'!"#$%&

ZI%,.'+"7I#'V"V0

0$%&/(4(! 62! A-%08#(*! <*$K2&-$%(#2&! 62! 6-&/-%/(&!


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30.2#'*"+,'&-.'($#(#')&'!"#$%&

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