Леонова_Юлия._Звезда_Любви.PDF


Чтобы посмотреть этот PDF файл с форматированием и разметкой, скачайте файл и откройте на своем компьютере.
$XWKRU,QIR  &#x?A;�A?A:EX;B Ijheh] I_l_j[mj] :\]mkl]h^Z IZ\_ehldjue]eZaZbijbkemrZekyihdZjgbamhiylv^jh[gh[ZjZ[Zgbe^h`^vgZ\_\ZykhgqlhlZdb fZgbe\gh\vaZdjulv]eZaZbkhkdhevagmlv\g_]hBf_ggh^h`^vaZklZ\be\q_jZ_]hkbyl_evkl\h dgyayR_oh\kdh]hhklZlvkygZghqv\ZiZjlZf_glZokgbfZ_fuobf^eyk\h_]hihke_^g_]hm\e_q_gby Zdljbkubfi_jZlhjkdh]hl_ZljZWe_gEZNhgl_cgg_kfhljygZlhqlh^Z`_ihke_kZfuoiuedbo k\b^Zgbchgij_^ihqblZehklZlhdghqbijh\h^blv\k\h_cihkl_eb q_jZmljhfIhevj_rbemkljhblvk_[_bWe_gibdgbd\EZol_Ih]h^Z[eZ]hijbylkl\h\ZeZlhfm ihke_g_^_eb[_kdhg_qguo^h`^_cgZdhg_plh\u]eygmehkhegp_GhdZdbf`_h[fZgqb\ufhdZaZeky lhlZ\]mklh\kdbc^_gvIhqlb^hkZfh]h\_q_jZ`Zjdhijbi_dZehkhegp_bIhevjZklygm\rbkvgZ jZaeh`_gghfgZi_kd_h^_ye_kgZkeZ`^_gb_fih^klZ\eyeebph_]hemqZf=heh\Z_]hihdhbeZkvgZ dhe_gyoWe_gjmdZdhlhjhce_]dh]eZ^beZfy]db_k\_leu_dm^jbijhimkdZybof_`^mlhgdbfb iZevpZfbIhlygmehijhoeZ^hcg_`^Zggucoheh^gucihju\mg_kkheg_qgh_l_iehaZklZ\eyyay[dh ih_`blvkyIhevih^gyekybgZdbgmegZie_qbfmg^bjIh^gy\rbcky\_l_j\a^u[beih\_joghklv aZeb\Zihdju\rmxky[_eufb[ZjZrdZfb\hegijb]gZekhklhjhguNbgkdh]haZeb\Zk\bgph\h k_ju_lmqbb\ugm^bejZkiheh`b\rmxkygZ[_j_]miZjmki_rghkh[bjZlvkyqlh[uihdbgmlv ih[_j_`v_ihlhfmdZdg_ih]h^Zfh]eZ\ex[mxfbgmlmh[jmrblvkygZgbo Ihju\Zfb\_ljZkWe_gkhj\Zehreyidmlhgdbcr_ed[e_^ghiZe_\h]hieZlvyoehiZegZ\_ljm[m^lh iZjmkh[gbfZykljhcgucklZgIZ\_emklj_fbeky[uehaZg_cihdZlb\r_ckyihijb[j_`ghfm �i_kdmghg_^h]gZeb\gh_l\hj_gb_fh^bkldb[uehih^o\Zq_ghgZ[_`Z\r_c\heghcbaZdZqZehkv gZ\h^_yjdbfiylghf G_h]hjqZckyPDkKHULHh[gbfZy__baZkehgyykh[hchl\_ljZijhr_ilZe\jZklj_iZggu_ju`b_ ijy^bYdmiexl_[_^jm]mx We_gih^gyeZ]heh\mih^klZ\eyy]m[u_]hihp_emxK_j^p_aZklmqZeh\]jm^b[ukljhbqZklh_^\Z _]h]m[udhkgmebkv__jlZIh^gy\jmdmhgZdhkgmeZkv_]hs_dbijh\_eZihg_cdhgqbdZfbiZevp_\ hsmsZye_]dmxr_jhoh\Zlhklvhlijh[b\r_ckyaZ^_gvs_lbguH;h`_DZd`_yex[exl_[yl\hx meu[dml\hckf_owlmg_`ghklvqlhk\_lblky\h\a]ey^_dh]^ZkfhljbrvgZf_gylZddZdk_cqZk Ihki_rbfPRQFRHXU k_j^p_fh_\fmeu[gmekyhgaZijZ\eyy_caZmoh\u[b\rmxkybaijbq_kdb ijy^vG_jh\_gqZk^h`^voeug_l Ih^Z\We_gjmdmIZ\_eihfh]_cih^gylvky\dheykdmbkZfaZgyef_klhih^e_g__S_edgm\ dgmlhf\hagbpZihijbdZam[ZjbgZlhb^_ehihgmdZeehrZ^_cklj_fykv[uklj__^h[jZlvky^h I_l_j[mj]ZIhiZ\dhe_khf\\u[hbgmdmq_jgZlygmeih\h^vyhklZgZ\eb\ZyehrZ^vHklZ\rbkvgZ lj_odhe_kZodheykdZhiZkghgZdj_gbeZkv :oqlh[l_[y\k_j^pZo\ujm]Zekydgyavk^hkZ^hch]ey^_\ijbdexqb\rmxkyihehfdm I_j\u_djmigu_dZiebmiZebgZiuevgmx^hjh]maZrmjrZeb\ijb^hjh`ghcljZ\_We_g\`ZeZkv\ kb^_gb_wdbiZ`ZklZjZykvm[_j_qvkyhl^h`^yqlhm`_\h\kxfhehlbeihdjulhfmdh`Zghfm\_jom �kh[kl\_ggh_[_kkbeb_IZ\_eaZ[jZekyh[jZlgh\dheykdmbijbkljhbekyjy^hfkWe_ghklhebpu hklZ\Zehkvg_f_g__^\mo\_jklg_q_]h[uehb^mfZlvhlhfqlh[uh^he_lvboi_rdhfhklZ\Zehkv lhevdhh^ghi_j_`^Zlvg_ih]h^m Kf_jdZehkvDmq_jR_oh\kdbo[_amki_rghiulZekyijbkljhblvgZf_klhkhkdhqb\r__khkbdhe_kh JZaebqb\aZrmfhf^h`^ydZd_fmihdZaZehkvklmddhiulb\]ey^_\rbkv\fmlgmxi_e_gmi_j_^ kh[hc\hagbpZjZa]ey^_ehq_jlZgbyijb[eb`Zxs_cky^\mdhedbu[_`Z\gZ^hjh]mhghlqZyggh aZfZoZejmdZfbbaZdjbqZe\h\_kv]hehkiulZykvijb\e_qvdk_[_\gbfZgb_GZkqZklv_imlgbdh\ wlhhdZaZekygZ_fgucwdbiZ`HklZ\b\dmq_jZjZa[bjZlvkykdheykdhcIZ\_eihfh]We_g i_j_[jZlvky\^\mdhedmbih\_a__^hfhcMklZ\rb_bijhfhdrb_hgb\f_kl_ih^gyebkv\__ d\ZjlbjmZ^h`^vf_`^ml_fjZahr_ekyg_gZrmldm=^_lhihke_ihemghqbIhevaZkh[bjZeky[ueh ^hfhcghjZkiZogm\hdghbijhlygm\eZ^hgv\q_jghlmghqbihgyeqlh_^\Zebkfh`_lgZclb gZ_fgucwdbiZ`\lZdmxih]h^mbihwlhfm\i_j\u_aZ\k_\j_fybojhfZgZhklZeky\ihkl_eb ex[h\gbpu^hmljZd\_ebdhcjZ^hklbPDGHPRLVHOOHEZNhgl_cg Ijhkgm\rbkvIZ\_eGbdheZ_\bqkgZkeZ`^_gb_fihlygmekyhlebqb_hlWe_g[mjgZyghqv_]h gbkdhevdhg_mlhfbeZIh\_jgm\rbkvdkeZ^dhkiys_cdjZkZ\bp_hgijbdhkgmeky]m[Zfbd h[gZ`b\r_fmkyhdjm]ehfmie_qmgZqlhhgZlhevdhqlhlhg_^h\hevghijh[hjfhlZeZbihki_rbeZ gZlygmlvgZk_[yh^_ehkijylZ\rbkvih^gbf_^\Zebg_k]heh\hcLbohjZkkf_y\rbkvIZ\_e ih^gyekykihkl_ebgbkdhevdhg_kfmsZykvk\h_cgZ]hluijhr_ekyihjhkdhrghckiZevg_b hklZgh\b\rbkvmlmZe_lgh]hklhebdZgZebek_[_\h^uba]jZnbgZ We_glbohiha\Zehg^mrZfhyy\ugm`^_gl_[yihdbgmlv ?kebfg_g_baf_gy_lkemo^h`^v\k__s_b^_lihdZaZeZkvbaih^h^_yeZjZklj_iZggZyju`Zy fZdmrdZBebhgZkm`_g_im]Z_lZr_kbyl_evkl\h" QZcg_kZoZjgucg_jZklZxmeu[gmekyIZ\_e Bdh]^Z`_fum\b^bfky"k_eZgZdjh\ZlbWe_gijbdju\h[gZ`b\rmxky]jm^vh^_yehf G_agZxPRQFRHXU k_j^p_fh_\fg_kijZrb\ZcY^Zfl_[_agZlvhl\_lbehghl\hjZqb\Zykvhl rbjhdhcdjh\Zlbbh]ey^u\ZydhfgZlm\ihbkdZok\h_ch^_`^u IZ\emwlhl\hijhkg_ihgjZ\bekybglhgZpbyoWe_g\k_qZs_gZqbgZebijhkdZevau\Zlv kh[kl\_ggbq_kdb_ghldbbohlyhgihij_`g_fmgZoh^be__\_kvfZijb\e_dZl_evghcbbkdmkghc ex[h\gbp_cghqm\kl\h\Zeqlhgh\bagZ\i_qZle_gbcm`_bkq_aZ_lbwlbhlghr_gbygZqbgZxl ly]hlblv_]h a]ey^`_gsbgukdhevabeihh[gZ`_gghfml_emex[h\gbdZGm^hq_]hohjhrmeu[gmeZkvhgZ k\hbffukeyf :dgyavaZimklb\iyl_jgx\ahehlbklu_dm^jbhldbgmemiZ\rmxgZ]eZaZijy^vbkh[jZ\ jZkdb^ZggmxihihemkiZevgbh^_`^mijbgyekyh^_\ZlvkyAZdhgqb\k\hclmZe_lhgih^hr_ed We_gqfhdgme__\fZdmrdmbijbih^gy\^\mfyiZevpZfblhq_gucih^[hjh^hdaZ]eygme\]hem[u_ ]eZaZE_gZdZdaZqZjh\ZggZyg_fh]eZhl\_klbhlg_]h\a]ey^Zgbmdh]hg_\b^_eZhgZlZdbo]eZa dZdmk\h_]hex[h\gbdZK_cqZkhgb[uebqbklh]hk_jh]hp\_lZghfh]ebf_gylvk\hchll_ghd\ aZ\bkbfhklbhlgZkljh_gbydgyayDh]^ZIhev[ue\_k_ehgb[uebk\_leufbbqmlv]hem[h\Zlufb dZde_lg__g_[h\`Zjmdh]^Z`_]g_\ZekyklZgh\bebkvklhev`_l_fgufbdZd]jhah\ZylmqZDgyav himklbe]eZaZgb`_lm^Z]^_\b^g_ebkvkh[eZagbl_evgu_hdjm]ehklbh[gZ`_gghc]jm^bbohly qlhhldju\rbcky\b^g_hklZ\be_]hjZ\gh^mrguf M\b^bfky\_q_jhfr_igmehgbdhkgm\rbkv[ukljufihp_em_f__ijbhldjuluo]m[ihki_rbe \uclbbakiZevgb Bihq_fm=hkih^vgZ^_ebewlh]hfm`qbgmlZdbfkh\_jr_gkl\hf"\dhlhjucjZaaZ^ZeZk_[_\hijhk E_gZhldb^u\ZykvgZih^mrdbMg_]h_klv\k_lblmekhklhygb_Zm`_]hihbklbg_fm`kdZy djZkhlZdhlhjmxg_ihjlyl^Z`_rjZfufheqZeb\u_k\b^_l_ebi_j_g_k_gguokljZ^Zgbckihkh[gZ ex[hc\kdjm`blv]heh\m ?e_gZE_hihev^h\gZEZNhgl_cg^hqv[_ehr\_cdbb]m\_jg_jZnjZgpmaZ[ueZgZj_^dhklv h[hevklbl_evgufkha^Zgb_fbp_gmk_[_agZeZhq_gvohjhrhghi_j_^h[Zygb_fdgyayR_oh\kdh]h g_mklhyeZ^Z`_hgZB\h\k_g_jZ^b\_kvfZs_^jh]hkh^_j`ZgbyWe_gkh]eZkbeZkv[ulv_]h ex[h\gbp_cZjZ^bl_ofbgml[ebahklbqlhhg^_ebekg_xIhev[ueij_\hkoh^gufex[h\gbdhf g_`gufbs_^jufgZeZkdbkihkh[gu_k\_lbkmfZkZfmxbkdmr_ggmxbba[Zeh\Zggmx\Zfmjguo ^_eZodjZkhldmhlm`ihe]h^Zijhrehkl_oihjdZdhgZh[f_gyeZk\hxk\h[h^mgZh[yaZl_evkl\h ojZgblv\_jghklv_fmh^ghfmghgb_^bgh]hqZkZg_`Ze_eZh[wlhf IZ\_ekkZfhcxghklbf_qlZeh\h_gghcdZjv_j_b[m^mqbr_klgZ^pZlbe_lhljh^mihklmibe\ Ij_h[jZ`_gkdbcihedZ^txlZglhfddhfZg^bjmihedZ]_g_jZefZchjm[ZjhgmFmgdmukhdh_ iheh`_gb_jh^bl_eyh[yau\Zehg_mjhgblvq_klvk_fvbbaZq_luj_]h^Z[_amij_qghckem`[uhg ^hkem`beky^hqbgZrlZ[kdZiblZgZWlZ`_nZfbevgZyq_klv^_eZeZ_]hg_l_jibfufdex[uf ijhy\e_gbyfg_kijZ\_^eb\hklbhkh[_ggh_kebj_qvreZh[hlghr_gbyof_`^mhnbp_jZfbihedZAZ \j_fykem`[uIhevhq_gv[ebadhkhr_ekykihjmqbdhf:e_dk__fDm^Zr_\uffheh^ufq_eh\_dhf baagZlgh]hghh[_^g_\r_]h^\hjygkdh]hjh^Z:e_dk_c[ueq_eh\_dhfkdjhfguf\dml_`Zob ihihcdZo]\Zj^_cp_\ijZdlbq_kdbg_mqZkl\h\ZeaZqlhg_h^ghdjZlghih^\_j]ZekygZkf_rdZfkh klhjhguaZibkgh]hdmlbeuihedZrlZ[kdZiblZgZYjugkdh]hDZdgbklZjZeky:e_dk_cb]ghjbjh\Zlv gZkf_rdbYjugkdh]hh^gZdhhq_j_^gZyrmldZhnbp_jZihih\h^m\_kvfZkdjhfgh]hfZl_jbZevgh]h iheh`_gbyDm^Zr_\ZhdZaZeZkvgZklhevdhf_jadhcqlhaZdhgqbeZkv\uah\hfgZ^mwevbIZ\_e ijbkmlkl\h\Z\rbcijbkkhj_kkZfh]hgZqZeZ[_adhe_[Zgbc^Zek\h_kh]eZkb_\uklmiblv �k_dmg^Zglhf:e_dk_yey:e_dk_yih_^bghdaZdhgqbekyljZ]bq_kdbfheh^hcq_eh\_dkdhgqZekyhl ihemq_ggh]hjZg_gbyijyfhgZf_kl_^mwebAZih^klj_dZl_evkl\hbmqZklb_\^mwebYjugkdbc[ue jZa`Zeh\Zg\jy^h\u_Zk_dmg^ZgluR_oh\kdhcbDmjfZah\i_j_\_^_gu\Wjb\Zgkdbcihed\lh \j_fyg_krbckem`[mgZDZ\dZa_Bohly[ZjhgFmgdohl_eebqghoh^ZlZckl\h\ZlvaZk\h_]h Z^txlZglZi_j_^bfi_jZlhjhfIZ\_eij_^ihq_e_]haZklmigbq_kl\mgZdZaZgb_ih\k_ckljh]hklb aZdhgZ L_i_jv\k\hb^\Z^pZlviylvIhevmki_eih[u\Zlvg_\h^ghc\h_gghcdhfiZgbbgZiZfylvh dhlhjuo_fmhklZebkvrjZfug_lhevdhgZl_e_ghb\^mr_hcgZg_sZ^blgbdh]hgbk\hbogb qm`boEb[hlueb[hl_[yIZ\_emk\hbewlhl]hjvdbcmjhddh]^Z\i_j\u_ijbrehkvklj_eylv\ `b\h]hq_eh\_dZb_]hijhf_^e_gb_klhbeh`bagbfheh^hfmhnbp_jmijbdju\r_fm jZkl_jy\r_]hkyxghrmk\hbfl_ehfhlimebijhlb\gbdZKmjh\u_[m^gbbly]hlu\h_gguoihoh^h\ [ukljhk^_eZebbaba[Zeh\Zggh]hxghrbnbabq_kdb\ughkeb\h]hbdj_idh]hfm`qbgmH^gZdh gZmqb\rbkv\i_j_ghkblv[hevnbabq_kdmxhgb^mrhchq_jkl\_e AZjZlgu_ih^\b]bkf_ehklvbhl\Z]mijhy\e_ggu_ijbhkZ^_brlmjf_ZmeZKZelurlZ[kdZiblZgZ m\_gqZgguckeZ\hcb\hlm`_]h^gZkeZ`^ZekyjZ^hklyfbk\_lkdhc`bagbHl_pihgZqZemkfhlj_e gZdml_`bkugZkd\haviZevpuiheZ]Zyqlhihke_q_luj_o\h_gguoe_lkugaZkem`bek\hx^hex jZ^hkl_ch^gZdhihke_^g__\j_fyjZkkdZauhihoh`^_gbyoIhey\k_qZs_\uau\Zeb]jbfZkm g_m^h\hevkl\bygZgZ^f_gghfebp_GbdheZyFZl\__\bqZ _q_jhfkh[bjZykvgZij_fv_jm\:e_dkZg^jbgkdbcl_ZljIZ\_e^mfZeaZ\_jrblv_]hdZdbh[_sZe mljhf\ihkl_ebWe_gh^gZdhm_]hhlpZdgyayGbdheZybf_ebkvkh[kl\_ggu_khh[jZ`_gby hlghkbl_evghk\h_]hhlijukdZIhevm`_\uoh^beba^hfmdh]^Z_]hgZ]gZeaZiuoZ\rbckyeZd_c Zr_kbyl_evkl\hh[h`^bl_aZ^uoZykv\udjbdgmefZeucdhlhjhfmijbrehkv[_`ZlvaZIhe_f q_j_a\kxZgnbeZ^mdhfgZlbak_\_jgh]hdjueZ^hfZ]^_gZoh^bekydZ[bg_lGbdheZyFZl\__\bqZ ^hkZfh]h\_klb[xeyR_oh\kdhc\jZa^jZ`_gbbhklZgh\bekyhgblZdm`_hiZa^u\Zeb ^hihegbl_evgZyaZ^_j`dZg_\oh^beZ\_]hieZgu q_f^_eh"g_^h\hevghihbgl_j_kh\ZekyIZ\_eijhgaZy]jhaguf\a]ey^hfhkf_eb\r_]hky hklZgh\blv_]heZd_y Ijhklbl_Zr_kbyl_evkl\hgh[ZlxrdZ\_e_eiha\ZlvZkKdZaZeqlh^_ehg_l_jibl hleZ]Zl_evkl\Zijhe_i_lZeaZibgZykvgZim]Zggucg_^h\hevguf\b^hffheh^h]hohaybgZeZd_c Q_jluogm\rbkvkd\havam[uIhevgZijZ\bekyddZ[bg_lmhlpZAZ\b^_\kugZ\iZjZ^ghffmg^bj_gZ ihjh]_k\h_]hdZ[bg_lZGbdheZcFZl\__\bqgZofmjbeky GbdZdhiylvdmlblvkh[jZeky"g_^h\hevgh[jhkbehg Bf_xijZ\h\k\h[h^gh_hlkem`[u\j_fybjhgbqgh\u]gme[jh\vIZ\_e Bf__rvg_kihjxkh]eZkbekyGbdheZcFZl\__\bqH^gZdhlum`]h^dZd\klhebp_ihjZ[u m`_aZgylvkyq_flh[he__k_jv_agufq_f\babluddhdhldZfijhfZlu\Zgb_gZke_^kl\Z\dZjlu^Z dml_`bk^jmavyfbkh[mluevgbdZfb Qlhuih^jZamf_\Z_l_ih^q_flhk_jv_agufhl_p"k^_j`Zgghihbgl_j_kh\ZekyIZ\_e ijbkZ`b\Zykv\dj_kehbihgbfZyqlhjZa]h\hj[m^_l^he]bfbgZ\_jgydZm^h\hevkl\by_fmg_ ^hklZ\blGbdheZcFZl\__\bq\i_jbely`_euc\a]ey^\_^bgkl\_ggh]hhlijukdZ GZ^h[u\Bevbgkdh_kt_a^blvgZqZehgMijZ\eyxsbcibr_lqlhmg_]hdhgnebdlkkhk_^hf \ur_ebaaZkihjgh]hmqZkldZa_febG_[h]\_klvdZdZya_febpZghyk\h_]hhl^Z\Zlvg_gZf_j_g hlbih_a`ZcjZa[_jbkv\f_klhlh]hqlh[uihdZ[ZdZfdmlblv^Zih[hj^_eyfreylvky hajZ`ZlvIZ\_eg_klZeKmohdb\gm\ih^gyekyb\ur_eGZkljh_gb_f]gh\_gghbkihjlbehkv ?oZlv\Bevbgkdh_\wlmLfmlZjZdZgvkh\_jr_gghg_ohl_ehkvghihijh[mcihkihjvkjh^bl_e_f R_oh\kdhcklZjrbcgbdh]^Zg_ijbkemrb\Zekygbdqv_fmfg_gbxdjhf_k\h_]hkh[kl\_ggh]h dhlhjh_kqblZe_^bgkl\_ggh\_jgufBf_gghbaaZwlh]hdgy]bgyKhnvy:g^j__\gZfZf_gvdZIhey gZlmjZg_f_g__\eZklgZymklZ\hlihklhyggh]h^bdlZlZkmijm]Zi_j_[jZeZkv\IZ\eh\hk_f_cgh_ bf_gb_ih^I_l_j[mj]hfbkl_oihj\klhebpmgZ\_^u\ZeZkvdjZcg_j_^dhij_^ihqblZym_^bg_gb_ bkihdhckl\b_k_evkdhc`bagbrmfgufm\_k_e_gbyf GZf]gh\_gb_f_evdgmeZfukevZg_\aylvkkh[hc\ih_a^dmWe_g"ghlhevdhij_^klZ\b\k_[___ [_kdhg_qgh_gulv_b`Zeh[ugZg_m^h[kl\Zih_a^db\kdmdmijh\bgpbbIhevlhlqZkhldZaZekyhl aZ^mfZggh]hDlhfm`_ihimlb\Bevbgkdh_hgkh[bjZekyaZ_oZlvdfZl_jbb\hllmlijbkmlkl\b_ We_g[m^_lkh\_jr_gghg_dklZlb@_eZgb_b^lb\l_Zljb\klj_qZlvkykWe_gijhiZehIjhc^y\k\hb ihdhbdgyavdebdgmek\h_]h^_gsbdZIjhohjZ Wlfb]hf[ZjbgGZfeb^he]hkh[bjZlvky"ih^fb]gme_fmIjhohj KZih]bkgbfb[jhkbeIZ\_emkZ`b\Zykv\dj_kehb\uly]b\Zygh]b GbdZdi_j_^mfZeb\lbyljb^lb"m^b\beky^_gsbd G_l\h_]hmfZ^_eZukiZlvkyohqmJZa[m^brvgZjZkk\_l_ JZa^_\dgyaybkh[jZ\h^_`^mIjhohjkihdehghfm^Zebeky\]Zj^_jh[gmxZIhev\ulygmekygZ djh\ZlbaZeh`b\jmdbaZ]heh\mKh\_klvjh[dhgZihfgbeZhlhfqlhhgh[_sZewlhl\_q_jijh\_klb kWe_gghhlfZogm\rbkvhlwlhcfukebhgaZ^mfZekyh^jm]hfG_gjZ\bebkv_fm\k_[he__ hldjh\_ggu_gZf_dbhlpZgZlhqlh^h\hevghkg_]hohehklypdhc\hevgbpuihjZ[um`_`_gmk_[_ ih^ukdZlvIh^ukdZlvIZ\_e\ujZabl_evghkdjb\beky;m^lhg_h`b\hfq_eh\_d_j_qvb^_lZh ihdmid_dh[uedbihjh^bklhcgZdhgghcyjfZjd_^Z[uihlhfkl\hkfh]eZa^hjh\h_gZk\_l ijhba\_klb:m`dlh__[m^_lih^ukdb\Zlv\wlhfmg_]hg_[uehgbfZe_crbokhfg_gbcG_^Zjhf `_\ihke_^g__\j_fyiZi_gvdZklZjZekyh[jZlblv_]h\gbfZgb_gZPDGHPRLVHOOHJZ^abgkdmx :e_dkZg^jZ^hqvklZjbggh]hijbyl_eyGbdheZyFZl\__\bqZb\ijyfv[ueZohjhrZb_^bgh^mrgh h[ty\e_gZnZ\hjbldhck_ahgZh^gZdh`_^mr_\gh]hlj_i_lZmIZ\eZR_oh\kdh]hg_\ua\ZeZ �Zq_jlkgbfjZa^jZ`_ggh\a^hogmeIZ\_ei_j_\hjZqb\ZykvgZ`b\hlbh[gbfZyih^mrdmIjhqv \k_fukebKiZlvIh^t_faZ\ljZjZggbcij_^klhbl^Zb^hjh]Zg_[ebadZy u_oZebaZl_fghIZ\emohl_ehkv[uklj__fbgh\Zlvijb]hjh^uklhebpuqlh[ufh`gh[uehimklblv ;mcgh]h\h\_kvhihjgZkeZ^blvky[_r_ghckdZqdhc\_ljhf[vxsbf\ebphhsmlblvkbembfhsv `b\hlgh]hihdhjgh]h_]hjmd_ :\_^vbohjhrhqlhhgbaklhebpum_a`Z_lih^Zevr_hlhlpZIhke_q_luj_oe_lgZDZ\dZa_\k_ ly`_e__klZgh\behkvk^_j`b\Zlvk_[yijhy\eyykugh\vxihdhjghklvbihqlbl_evghklvDZ`^ucjZa y\eyykv\dZ[bg_lhlpZhg\gh\vhsmsZek_[yg_kfurezgufhljhdhfdh_]hkljh]bchl_pmqblmfm jZamfmbgZklZ\ey_lgZimlvbklbggucZ\_^vhg^Z\ghm`_g_fZevqbrdZbaZihke_^gb_]h^ub ih\b^Zeboe_[gme\`bagb_^\Zebg_[hevr_jh^bl_eyk\h_]hFh`_lihlhfmbih^ZekygZ \h_ggmxkem`[m_^\ZgZqZebmkuijh[b\Zlvkyqlh[uba[Z\blvkyhlg_^j_fexs_]hb\k_\b^ys_]h hdZjh^bl_eyk\h_]h u_oZ\baklhebpuih\_jgmebgZx]\ha^mo_m`_hsmsZehkvijb[eb`_gb_hk_gbMlj_ggyy ijhoeZ^Zijbylghhklm`ZeZjZa]hjyq_ggmxdh`mIh^gy\]heh\mIZ\_ekgZkeZ`^_gb_fih^klZ\be ebphe_]dhfm\_l_jdmbi_j\ufemqZfkhegpZM^_j`b\Z_fucdj_idhcjmdhclbohaZj`Zeb aZlZgp_\Zeih^gbf;mcguc �GmqlhFbljbq\i_j_^\Bevbgkdh_"Z\g_gvdhy\^_j_\g_g_[ueFh`_lhohlmmkljhblv" ih\_jgmekyhgdIjhohjmbaZ^hjgZyfZevqbr_kdZymeu[dZhk\_lbeZ_]hebph HohlZwlohjhrhWlfh`ghZr_kbyl_evkl\hmeu[gmeky\hl\_lIjhohjijbrihjb\Zyk\h_]h ]g_^h]h LZf[h\kdZy]m[_jgbyEbi_pdbcm_a^kDmavfbgdZ K_gly[jv]h^Z Kheg_qguck_gly[jvkdbc^_g_d[ueihe_lg_fml_ieufQmlvljhgmlZy`_elbaghcebkl\Z moh`_ggh]hiZjdZ_^\Zkeurghr_e_kl_eZgZ^]heh\Zfb^\mo^_\mr_dqlhijbk_eb\l_gb jZkdb^bklhcebiugZiZjdh\mxkdZfvx KlZjrZybak_kl_jIhebgZdjZkb\Zy[ehg^bgdZ\e_]dhf[_ehfdbk_cghfieZlv_kb^_eZkdgb]hcgZ ukhdZykijZ\gZydZd[ukdZaZebgZk_e_ihegZykihdhcghc]jZpbbb^hklhbgkl\Z\^\b`_gbyo IhebgZjZahfijb\e_dZeZdk_[_\gbfZgb_Z\hlfeZ^rZyXeby[ueZ_ciheghc ijhlb\hiheh`ghklvxG_\ukhdZyom^_gvdZym]eh\ZlZy@xeb\k\hbr_klgZ^pZlv\u]ey^_eZ ]hjZa^hfeZ^r_k\hboe_lL_fgu_dm^jy\u_\hehku[uebaZie_l_gu\^\_lm]b_dhkuqlhkiZ^Zeb _cgZkibgmghdZd[ulm]hgbaZie_lZeZ@xebdhkug_ihdhjgu_dm^jb\u[b\Zebkvbaijbq_kdbb h[jZfeyeb`b\h_ih^\b`gh_ebph^_\hqdbL_fgu_]eZaZ\abjZebgZfbjke_]dZgZkf_reb\hZ imoeu_]m[u\ex[hcfhf_gl]hlh\u[uebkeh`blvky\emdZ\mxmeu[dmBoklZjZygygxrdZ I_eZ]_ygZqvbojmdZo\ujhkebh[_k_kljuqZkl_gvdha\ZeZ__[_k_gdhf\x[d_ G_ih^gbfZy]heh\uhldgb]bIhebgmdjZ^dhckfhlj_eZ\lmklhjhgm]^_bo[jZl\_ejZa]h\hjk khk_^hfdgya_fIhe_fR_oh\kdbfFheh^hcdgyavg_^_exgZaZ^ijb_oZe\Bevbgkdh_bgZ ke_^mxsbc`_^_gvy\beky\Dmavfbgdmih]h\hjblvkbo[jZlhfhkihjghfmqZkld_aZeb\gh]hem]Z qlhgZoh^bekygZ]jZgbp_^\mobf_gbcI_j_]h\hjuhkm^v[_em]Z[uebg_^he]bfbbaZ\_jrbebkvdh \k_h[s_fmm^h\e_l\hj_gbxh^gZdhIhevklh]h^gyklZeaZ_a`Zlv\Dmavfbgdm_^\Zebg_dZ`^uc ^_gvAZf_lb\dm^Zmklj_fe_g\a]ey^klZjr_ck_klju@xebj_rbeZih^jZagblvIhebg Fg_dZ`_lkyqlhdgyavlZd^he]haZ^_j`Zeky\gZr_c]emohfZgbihlhfmqlhbf_gghl\hb ij_djZkgu_hqbie_gbeb_]hk_j^p_\_k_ehjZkkf_yeZkvhgZ Iheghl_[_@xebkfmlbeZkv^_\mrdZIZ\_eGbdheZ_\bqh^_eZoijbr_eih]h\hjblv Dhg_qghh^_eZoobobdgmeZXe_gvdZLhevdhihfgblky\q_jZaZm`bghfK_j`kdZaZe[m^lh \k_meZ`_ghbhgb^h]h\hjbebkvm`_h[h\k_fLZdaZq_f[u_fmijb_a`Zlvk_]h^gy" Fh`_l[mfZ]bdZdb_ih^ibkZlv"ij_^iheh`beZIhebg QlhlhygbdZdbo[mfZ]g_aZf_lbeZG_lg_lg_\hajZ`ZcY^mfZxbkdexqbl_evgh`_eZgb_ m\b^_lvkyklh[hcbklZehijbqbghc_]hk_]h^gyrg_]h\bablZJZa\_l_[_g_dZ`_lkyqlhwlhkm^v[Z �l\hy\ebp_dgyaydgZfih`Zeh\ZeZ"Z`_Zrbbf_gZIhevIhebglZdkha\mqguG_bgZq_dZd kZfhijh\b^_gb_ijb\_eh_]hdgZfb\uij_^gZagZq_gu^jm]^jm]mijh^he`ZeZ\_k_eblvkyhgZ Fg_dZ`_lkyqlhmdh]hlhkebrdhf[h]Zlh_\hh[jZ`_gb_hlj_aZeZIhebgZih^gbfZykvkh kdZf_cdbkkZfufg_ijbklmiguf\b^hf ha\jZsZykv\^hfhgZg_m^_j`ZeZkvbkgh\ZmdjZ^dhcihkfhlj_eZ\lmklhjhgm]^_hklZgh\bebkv K_j`bIhevK_j^p_keZ^dhaZgueh:o_keb[ukeh\Z@xebhdZaZebkvijZ\^hcg_[ueh[u [hevr_]hkqZklvy\__`bagb IZ\_edjZ_f]eZaZke_^b\rbcaZ[ZjurgyfbgZkdZf_cd_ijh\h^be\a]ey^hff_evdgm\r__\l_gb ^_j_\v_\[_eh_ieZlv_:\_^vklZjrZyPDGHPRLVHOOHDhr_e_\Z\_kvfZb\_kvfZg_^mjgZM`\ �klhebp_wlZ^_\bpZg_ij_f_ggh[uihevah\ZeZkvmki_ohfBgl_j_kghkdhevdh_c"_\ylgZ^pZlv ^\Z^pZlv"aZ^mfZekyIhevgZf]gh\_gb_ihl_jy\gblv[_k_^u Zr_kbyl_evkl\hh[jZlbekydg_fmDhr_e_\GmlZdqlhuj_rbebihih\h^mfh_]h ij_^eh`_gbyhijh^Z`_f_evgbpu" Yih^mfZxhqgmekyhlk\hbo^mfIhevu`_ihgbfZ_l_yg_fh]m^ZlvZfhl\_lg_khh[sb\ h[h\k_fhlpmghm\_jyxZkqlhij_^klZ\ex\k_^_ehdZr_ciheva_ Dhr_e_\ijZ\bfbaBevbgkdh]h\hablva_jghgZklZjmxf_evgbpmihke_lh]hdZdhlkljhbebgh\mx g_kjmdbZ\hlbaDmavfbgdbg_\ijbf_jm^h[g__^Zb^_gv]bK_j]_cEv\h\bqaZf_evgbpm g_fZeu_ij_^eh`be;jhkb\\hq_j_^ghcjZamdjZ^dhc\a]ey^\klhjhgmkdZf_cdbIZ\_eg_k^_j`Ze k_klj_ghlZlhevdhhlfZogmeZkvhlg__^ZjZkkf_yeZkv\hl\_lqbklufa\hgdbfkf_ohfA\mdwlhl kljZggh\a\hegh\Ze_]hbaZklZ\be\gbfZl_evghijbkfhlj_lvkydfeZ^r_c^_\mrd_ �Zg_l`_g_gZqlhlZfkfhlj_lvG_l\g_cgb^_\bqv_cij_e_klbgblhfghklbgbg_`ghklb Baebrg_ihju\bklZom^Zdh`Zkebrdhfkfm]eZyhl]eZaZ=eZaZih`Zemcohjhrb[hevrb_ l_fgu_dZdmq_jd_r_ghddhbo_fm^h\_ehkv\b^_lvg_fZehaZ\j_fyk\h_ckem`[ugZDZ\dZa_ MZkhqZjh\Zl_evgu_k_kljuK_j]_cEv\h\bqaZ^mfqb\hhl\_lbedgyavgZlhedgm\rbkvgZ g_^hmf_gguc\a]ey^kh[_k_^gbdZ QlhdZkZ_lkyIhebglmlyiheghklvxkh]eZk_gkZfbZr_kbyl_evkl\hhgZ\gZrmfZf_gvdm ihreZZlZ^he]hkqblZeZkvi_j\hcm_a^ghcdjZkZ\bp_cmeu[gmekyK_j]_c\lZcg_gZ^_ykvqlh IhebgZkfh]eZaZbgl_j_kh\Zlvkbyl_evgh]hdgyay:ihjh^gblvkykR_oh\kdbfb^Zh[wlhfjZa\_ �qlhf_qlZlvfh`ghZjhfqlhbobf_gb_ihkhk_^kl\mkDhr_e_\ufb^ZlhevdhgZ\_^u\Zxlky ohay_\Zlm^Zbaklhebpug_qZklhIjZ\^Zihoh`_qlhhlfZl_jbIhebgmgZke_^h\ZeZg_lhevdh djZkhlmghboheh^gucgjZ\ihlhfmqlhbdf_klgufbdj_^dbfaZ_a`bfmoZ`_jZfxgZydjZkZ\bpZ [ueZh^bgZdh\hjZ\gh^mrgZZbgl_j_kh\Zeb__jZa\_qlhklhebqgu_fh^gu_`mjgZeughdlh`h lZdhfjZkkdZau\Z_l\hafh`ghfmij_l_g^_glmgZ__jmdm:\hl@xebly`_eh\a^hogmehg @xeb_s_j_[_ghddlhfm`_\_kvfZba[Zeh\Zgguc;hxkvhl_p^Z\Ze_ckebrdhffgh]h\hebZ fg_gugq_m`iha^ghiulZlvkyi_j_\hkiblZlv__ K_j]_chldjh\_gghg_ex[befeZ^rmxk_kljmbmg_]h[uebgZlhijbqbgukh[kl\_gghbIhebg__ g_[hevghlh`Zeh\ZeZgh\kbemk^_j`ZgghklboZjZdl_jZk\h_]hhlghkbeZkvdXe_gvd_g_\ijbf_j emqr_[jZlZg_kimkdZ\r_]hfeZ^r_ck_klj_gb_^bghchrb[db XebyEv\h\gZK_j`mbIhebg^h\h^beZkvk\h^ghck_kljhcijb`blhcbohlphfhlPDGHPRLVHOOH :gguAZdj_\kdhcmf_jr_cjh^Zfbbm^hq_j_gghcbfk[eZ]hkeh\_gbykmijm]bk\h_c k_fv_[uehg_ijbgylh]h\hjblvgZwlml_fm:gg_lAZdj_\kdZyhkbjhl_\rZy^Zevgyy jh^kl\_ggbpZEZjbku:nZgZkv_\gu[ueZ\aylZ\bo^hf\dZq_kl\___dhfiZgvhgdbaZ]h^^h jh`^_gbyIhebguKdjhfgZyblboZydjh^kl\_ggbdZfk\hbfijbxlb\rbf__hgZiblZeZ bkdj_ggxxijb\yaZgghklvEZjbkZ:nZgZkv_\gZkmijm]Zk\h_]hg_ex[beZbihke_jh`^_gby Ihebgu\ihkl_evk\hximkdZlvhldZaZeZkvh[tykgb\_fmqlhjh^b\^\hbo^_l_c^he]k\hci_j_^ gbfdZd`_gZbkihegbeZhkiblZggZy\k_fv_kljh]hcb[h]h[hyag_gghciehlkdmx[ebahklvhgZ kqblZeZ^vy\hevkdbfbkdmr_gb_fb_^\Zebg_kZfufkljZrgufgZdZaZgb_fEv\Z:e_dk__\bqZ lZdh_ih\_^_gb_kmijm]b[_af_jghh]hjqZehb\k_fv_gZqZebkvkkhjubkdZg^Zeu:gg_lf_`l_f [ueZ^hklZlhqgh\ajhkehcbkmlvkbojZagh]eZkbcf_`^mkmijm]ZfbihgbfZeZohjhrhGZ^h aZf_lblvqlhE_\:e_dk__\bqDhr_e_\[uefm`qbghc\_kvfZijb\e_dZl_evgufb:gykZfZg_ aZf_lbeZdZdijhklZyijb\yaZgghklvbqm\kl\h[eZ]h^Zjghklbi_j_jhkeb\g_qlh[hevr__Bohly hgZb[ueZijbagZl_evgZEZjbk_:nZgZkv_\g_aZ^h[jh_hlghr_gb_bijbxlgh\k_`_i_j_^k\hbfb qm\kl\Zfbd__kmijm]mmklhylvg_kfh]eZKlhblebm^b\eylvkyqlhh^gZ`^uhgbhdZaZebkv\ ohayckdhcihkl_eb"KgZqZeZaZrmrmdZeZkv\k_agZxsZyq_ey^vZihlhfbkZfK_j]_cklZe k\b^_l_e_flh]hdZd:gg_lghqvxlZcdhfihdb^Z_lkiZevgx_]hjh^bl_eyijyqZkvihm]eZf �dhjb^hjZgZ]hkih^kdhciheh\bg_eyK_j`ZdhlhjucqZklhkeurZedZdfZlvju^Z_lihghqZf\ ih^mrdmihke_lh]hdZdhl_p]jhfdhoehigm\^\_jvx\[_r_gkl\_ihdb^Ze__ihdhbwlh[ueh gZklhysbfihljyk_gb_f;m^mqb^\_gZ^pZlbe_lgbfih^jhkldhfhg\hag_gZ\b^_e:gg_lexlhc :gg_lihg_keZ MK_j]_y\iZfylbgZ\k_]^ZhklZekylhl^_gvdh]^Zhg\klj_lbePDGHPRLVHOOHAZdj_\kdmx\jhs_aZ mkZ^v[hc:gg_lqZklhijh]meb\ZeZkva^_kvbhgagZeh[wlhfK_j`bkZfg_ihgbfZeaZq_flh]^Z klZemg__gZimlbgh\klj_lb\__\h\j_fyijh]medbhghsmlbedZd_]haZoe_klgmeh\heghcq_jghc g_gZ\bklb:gyjh[dhmeu[Zykv_fmg_eh\dhihiulZeZkvh[hclb_]hgZmadhcljhibgd_H]jhfguc `b\hlk\b^_l_evkl\h__]j_ohiZ^_gbybg_\_jghklb_]hiZi_gvdb\uibjZeih^e_]dbfe_lgbf ieZlv_fHgkZfk_[yg_ihfgbedh]^Zlhedgme__bah\k_ok\hbokbebhgZ]jhfdh\kdjbdgm\b g_e_ih\afZogm\jmdZfbkdZlbeZkv\fZe_gvdbch\jZ`_d Hihfgb\rbkvK_j]_cp_ieyykvaZdmklubh[^bjZy\djh\veZ^hgbkimklbeky\gba:gg_llhevdh ijhly`ghklhgZeZb^_j`ZeZkvjmdhcaZh]jhfguc`b\hlFZevqbd[ukljhkhh[jZabeqlhohlv PDGHPRLVHOOHAZdj_\kdZyjhklhqdZg_[hevrh]hb\_kvfZojmidh_kha^Zgb_gh_fmh^ghfm__gbaZ qlhg_ih^gylvdlhfm`__c\b^bfh[uehhq_gv[hevghaZdmkb\^hdjh\b]m[mhgZlbohieZdZeZ gh\k_jZ\ghiulZeZkvhlihealbhlg_]hih^Zevr_ AZqlhulZdkhfghcK_j`"Y\_^vg_k^_eZeZZfgbq_]h^mjgh]hijhklhgZeZhgZ G_[hcl_kvYohqmihfhqvijhr_ilZeK_j]_c^_eZyg_kdhevdhrZ]h\dg_c GhhgZlhevdhihdZqZeZ]heh\hckhkljZohf]ey^ygZg_]h Blh]^ZK_j`koh^ykmfZhlkljZoZhijhf_lvx[jhkbeky\dhlpmbihdZyeky\kh^_ygghfHg \b^_edZd\k_djZkdbkhrebkebpZEv\Z:e_dk__\bqZbgbkeh\Zg_kdZaZ\kugmhg[jhkbeky\hgba dhfgZlu Lhc`_ghqvx:gg_ljZaj_rbeZkvhl[j_f_gbjh^b\^_\hqdmkh\k_fdjhr_qgmxbkeZ[_gvdmxb �lbohhl^ZeZ;h]m^mrmmfZebqlhbfeZ^_g_pihke_^m_l\ke_^aZfZl_jvxgh^_\qhgdZ\u`beZb gZmljh__hdj_klbebXeb_cZK_j`ihemqbehlhlpZ^\Z^pZlvjhah]gZdhgxrg_ke_^udhlhjuoih k_c^_gvhklZ\ZebkvgZ_]hkibg_\\b^_g_[hevrh]hrjZfZhdhehihykgbpuHl_pg_`Ze_e_]hlh]^Z b[beg_sZ^ghkh\k_ckbeu EZjbkZ:nZgZkv_\gZdZdfgh]hiha`_ihgyeK_j]_c:gxgb\q_fg_\bgbeZb^Z`_]^_lh[ueZ [eZ]h^ZjgZ_caZlhqlhk__ihy\e_gb_fkmijm]i_j_klZe__lj_\h`blvihghqZfIhlhfmbkiulu\Zy `Zehklvdgh\hjh`^_gghcjh^kl\_ggbp_ih\bg_K_j]_yhklZ\r_cky[_afZl_jbhgZkZfZ\ayeZkv \uoZ`b\ZlvfeZ^_gpZ^Zbijb\yaZeZkvdg_fmHgZg_\hajZ`ZeZdh]^ZE_\:e_dk__\bq\ukdZaZe `_eZgb_ijbagZlvj_[_gdZhnbpbZevghbdlh[ugbijb_a`Zedgbf\bf_gb_\k_]^Z]h\hjbeZqlh Xe_gvdZ__^hqvihwlhfm^Z`_l_dlhagZeh[bklbgghfiheh`_gbb^_eij_^ihqblZebojZgblv fheqZgb_ Hlghr_gbyf_`^mEv\hf:e_dk__\bq_fbK_j]__fihke_kf_jlb:gg_llZdhdhgqZl_evghbg_ gZeZ^bebkvBohlyih\ajhke_\K_j]_cklZeihgbfZlvhlpZdhlhjuc[m^mqb`_gZlufgZbofZl_jb i_j\hcdjZkZ\bp_\m_a^_ghqbijh\h^bek:gghcghlZ^_lkdZyh[b^ZimklbeZkebrdhf]em[hdb_ dhjgb\_]h^mr_bgZreZk\h_\ujZ`_gb_\_]hhlghr_gbbdXe_jh^_bjhkeZXe_gvdZdZd [Zjurgyb\hkiblu\ZeZkv\f_kl_kK_j`_fbIhebgghK_j`ihklhygghgZoh^beih\h^ihdZaZlv_c qlhihjh`^_gbxk\h_fmhgZ[ueZbfg_jh\g_c k_wlb\hkihfbgZgbygZoeugmebgZK_j]_ybhg\gh\vkjZa^jZ`_gb_fh]eygmekygZfeZ^rmx k_kljmmkeurZ\__[_aaZ[hlguckf_oQm\kl\h\bguaZklZ\beh_]h^Zlvhlpmh[_sZgb_ihaZ[hlblvky hg_cihke__]hkf_jlbI_j_^dhgqbghck\h_cDhr_e_\klZjrbc^he]hbly`_eh[he_eb K_j`Z\ayekeh\hqlhhg\lhqghklbbkihegbl_]hihke_^gxx\hexEZjbkZ:nZgZkv_\gZihke_ kf_jlbEv\Z:e_dk__\bqZm^ZebeZkvbafbjZklZ\kgZqZeZihkemrgbp_c\K\ylhLjhbpdhf`_gkdhf fhgZkluj_ZihlhfijbgyeZihkljb]bijh`b\ZeZlZf`_ih^bf_g_fk_kljuEmd_jvbFbjkdb_ aZ[hlu__g_\hegh\Zebbkm^v[uIhebgubXeb[uebl_i_jvbkdexqbl_evgh\h\eZklbklZjr_]h [jZlZ Zr_kbyl_evkl\hg_hklZg_l_kvebhlh[_^ZlvkgZfb"meu[gmekyDhr_e_\dgyax\b^y_]h bgl_j_kd^_\mrdZfbgZ^_ykvqlhmIhebgihy\blkyrZgkijhba\_klbohjhr__\i_qZle_gb_gZ \ukhdh]h]hkly IZ\_emljhfg_aZ\ljZdZeh]jZgbqb\rbkvqZrdhcdhn_iblvdhlhjucijb\udgZDZ\dZa_Zihlhfm `_em^hd_]hm`_^Z\gh^Z\Zehk_[_agZlv G_hldZ`mkvK_j]_cEv\h\bqmeu[gmeky\hl\_lR_oh\kdhc Lh]^Zijhrm\^hfrbjhdbf`_klhfij_^eh`beDhr_e_\ Qlh^eyIhebgqlh^ey@xebijbkmlkl\b_gZh[_^_\bo^hf_R_oh\kdh]hklZehiheghc g_h`b^ZgghklvxIhebglhb^_ehdjZkg_eZdh]^ZIZ\_eh[jZsZekydg_ckdZdbfgb[m^v\hijhkhf bhl\_lu__[ueb\hkgh\ghfh^ghkeh`gufbfukeyo`_k\hbo^_\mrdZkh`Ze_eZqlhj_rbeZg_ i_j_h^_\Zlvkydh[_^m:odZd[uohjhrhkfhlj_ehkvgZg_cgh\h_ieZlv_ba]hem[h]hr_edZ\ �lhgdmx[_emxihehkdmZbijbq_kdmg_f_rZeh[uihijZ\blvK_j`fh][ubij_^mij_^blvqlh ijb]eZkbedgyayhlh[_^Zlvkgbfb^hkZ^h\ZeZhgZgZ[jZlZKZf`_Dhr_e_\aZf_lb\klhevy\guc bgl_j_kkhk_^ZdIhebg_[ue\_kvfZ^h\he_g IhebgZqlhuqblZebgugq_^g_f"ihbgl_j_kh\ZekyIZ\_e WlhjhfZg\klboZogZibkZggucdZf_jxgd_jhfImrdbgufdjZkg_yhllh]hqlhbah[jZ`Zyba k_[yijhk\_s_ggmx[ZjurgxjZkdjueZdgb]mgZk_j_^bg_bg_ijhqblZeZ^Z`_gZa\Zgbyhl\_lbeZ IhebgZIjhdZf_jxgd_jZImrdbgZhgZ\kihfgbeZlhevdhihlhfmqlhhg_f\hklhj`_ggh]h\hjbeZ @xebm\b^_\dgb]mmg__\jmdZo BdZdZfihgjZ\beky?\]_gbcHg_]bg"meu[gmekyIhev Y_s_g_ijhqeZ^hdhgpZbihdZfg_ljm^ghkhklZ\blvk\h_fg_gb_Zr_kbyl_evkl\hih^gyeZ gZg_]h]eZaZIhebgZ GZau\Zcl_f_gyih`ZemcklZihbf_gbihijhkbe__dgyavihklZjZ\rbkvg_\udZaZlvk\h_]h m^b\e_gbyl_fqlhIhebg^hkboihjg_qblZeZjhfZgZ^Z\ghm`_[u\r_]hm\k_ogZkemomIh khk_^kdb^h[Z\behgkbkdj_gg_cmeu[dhc :fg_ihgjZ\bekyjhfZg\^jm]\uiZebeZ@xebghlml`_ihdjZkg_eZbkfmlbeZkvih^ ijbklZevguf\a]ey^hfR_oh\kdh]h A\ydgmeZm^Zjb\rbkvhihek_j_[jygZy\bedZbIhebgih^gy\]eZaZg_^hmf_gghihkfhlj_eZgZ k_kljmG_f_g__djZkghj_qb\uf[ueb\a]ey^[jZlZklheh\hcih\bkeZf_jl\ZylbrbgZ gZjmrZ_fZyebrvr_e_klhfdheurms_ckygZ\_ljmr_edh\hcaZgZ\_kdb KkZfh]hgZqZeZh[_^ZdjZ_fkhagZgbyK_j`meh\bekljZggu_i_j_f_guijhbahr_^rb_\ih\_^_gbb feZ^r_ck_klju@xebg_obobdZeZaZklhehfg_jZa]h\Zjb\ZeZjZafZob\ZyjmdZfbdZdh[uqghZ kb^_eZlbohdZdfurvhimklb\]eZaZbjZkk_yggh]hgyy_^mihlZj_ed_ Ijhklbl_@xebaZebeZkvdjZkdhcb[jhkbeZkv\hgbadhfgZlu K_j]_c\ujZabl_evghih`Zeie_qZfb\k_fk\hbf\b^hfihdZaZ\qlhg_h^h[jy_lih\_^_gb_k_klju hgZ^mjZhldlh__aZyaudlygme"Dgyavl_i_jvih^mfZ_lhg_c;h]agZ_lqlhihjm[ueh jZaju^Zlvkyb[ebadb_ke_aum`_ih^klmibebd]eZaZfBhlq_]h\^jm]lZdaZohl_ehkvieZdZlv" Rfu]Zyghkhf^_\mrdZk_eZgZihkl_ebIh\_jgm\rbkvgZa\mdhldju\r_cky^\_jb@xebm\b^_eZ gygxrdmI_eZ]_xdhlhjZy\hreZ\dhfgZlmi_j_\Zeb\Zykvk[hdmgZ[hdih^k\hbfg_fZeuf\_khf QlhwlhkZfbXebyEv\h\gZ"G_bgZq_dZd]heh\mZfk_]h^gykhegurdhgZi_deh=h\hjbeZy Zfqlh[u[_areyidbba^hfmg_\uoh^bebdhkulh\hgdZdb_q_jgy\u_lh]hb]ey^bi_j_]j_lvky fh`gh^Zbebph\hgaZe_lhdZdihl_fg_ehijbgyeZkvhgZhlqblu\Zlvk\hxex[bfbpm HlklZgvI_eZ]_xrdZ[_al_[ylhrghhlfZogmeZkvXe_gvdZ Qlhwlhluk_j^_rgZylZdjZkkljhbeZkv"Dlh`l_[yh[b^_e"G_bgZq_dZdK_j]_cEv\h\bqhiylv q_fg_^h\he_g[ue" Xeylhevdh\a^hogmeZ\hl\_lgZkeh\ZgygvdbDhg_qghK_j`[m^_lg_^h\he_gbg_ij_fbg_l_c \ukdZaZlv\k_qlh^mfZ_lh__\uklmie_gbbaZh[_^hfGh\h\k_g_wlh[uehijbqbghc__\g_aZigh]h ih[_]Zbaklheh\hcG_[uehkbekfhlj_lvgZlhdZddgyavex[_agbqZ_lkIhebg:odZd`_hg �kfhlj_egZg__MXebk_j^p_aZfbjZehhlwlbo\a]ey^h\Zy[uqlhm]h^ghhl^ZeZqlh[ugZf_gy h^gmhgkfhlj_elZdbfb]eZaZfb\a^hogmeZhgZIjbdju\\_dbhgZlhlqZkij_^klZ\beZk_[_ebph IZ\eZGbdheZ_\bqZlZdh_djZkb\h_b\lh`_\j_fygZ^f_ggh_HggZ\_jgh_b\]jhrg_klZ\bl k\hbokhk_^_cDlhhgb"F_edb_khrdbihf_klgh_^\hjygkl\hGh\k_`_IhebgZijb\e_deZ_]h \gbfZgb_bljm^gh[uehwlhg_aZf_lblv :IhebgZlhgZrZ_]hkbyl_evkl\mijb]eygmeZkvaZf_lbeZI_eZ]_ykdeZ^u\Zy\dhjh[dme_glu dhlhju_Xe_gvdZmljhf\uljyogmeZgZdjh\Zlvdh]^ZbkdZeZq_f[uih^\yaZlvklZjh_ieZlv_ Ihebguqlh[ueh_cg_fgh]h\_ebdh\lZebbM`ylh\b`m:ohjhrh[uhg`_gbekygZg_c Ih_oZeZ[ulh]^ZIhexrdZ\I_l_j[mj]ZlZfblufhydZkZlhqdZdk_kljbp_lh\]hklb gZ\_^ZeZkv=ey^brvbl_[_[ugZr_ekyklhebqguc`_gbolh Hc^ZihfheqbluI_eZ]_y\kdjbdgmeZXeybke_au]hjyqb_bg_`^Zggu_ihl_deb\^jm]ba ]eZaRfu]gm\ghkhfXe_gvdZaZjueZkvebphf\ih^mrdmbjZaju^ZeZkv �=hkih^blu;h`_fhc\kie_kgmeZjmdZfbgygvdZZlugbdZdHc^_\dZ^Zluqlhu[jhkb ba]heh\u^mfZlvaZ[m^v ��h]h\hjblvI_eZ]_yg_mki_eZ\_jv\dhfgZlm[ZjurgbjZkiZogmeZkvm^Zjb\rbkvhkl_gmbgZ ihjh]_ij_^klZejZa]g_\ZggucohaybgmkZ^v[u hgihreZkd\havam[u[jhkbehgI_eZ]__ I_j_dj_klb\lZcdhf^_\mrdmih`beZy`_gsbgZlhjhieb\h\ureZbadhfgZlu XebyEv\h\gZgZqZeK_j`lhghfgbq_]hohjhr_]h_cg_ij_^\_sZ\rbfihljm^bl_kv h[tykgblvqlhwlhgZZkgZrehaZh[_^hfdh]^ZmgZk]hklbaZklhehf" Ijhklbl_f_gyK_j`ijhe_i_lZeZXe_gvdZg_k\h^y]eZakihl_fg_\r_]hebpZ[jZlZ K_j]_c\]ey^_eky\ebphk_kljueZ`gu_^hjh`dbke_a\k__s_[e_kl_ebgZs_dZo\_dbijbimoebb ihdjZkg_eb Ihq_fmuieZdZeb"ih^oh^y[eb`_ihbgl_j_kh\Zekyhg XeyhimklbeZ]eZaZQlhhgZfh`_lkdZaZlv_kebbkZfZlhedhfg_ihgbfZ_lihq_fmjZaju^ZeZkv" Yg_\Z`ghk_[yqm\kl\mxkhe]ZeZhgZ K_j]_cy\ghg_ih\_jbe_cghgZklZb\Zlvg_klZe m]hedZfb]m[ KiZkb[hK_j`uhq_gv^h[judhfg_ijhr_ilZeZhgZ K_j]_c\a^jh]gmehlwlbokeh\HglZdijb\udg_gZ\b^_lv__kqblZlv`b\ufgZihfbgZgb_fh g_mjy^bpZo\k_fv_qlhkeurZlvhlg__ih^h[gh_[ueh^eyg_]h\gh\bgdmihkdhevdmXe_gvdZ \k_]^Zlhgdhqm\kl\h\Z\rZy_]hhlghr_gb_dk_[_klZjZeZkv^_j`Zlvkyhlg_]hdZdfh`gh^Zevr_ HklZ\b\XexgZihi_q_gb_I_eZ]_bK_j`ijhr_e\k\hcdZ[bg_lbhklZgh\bekymhdgZIZ\_e ��GbdheZ_\bqih^jmdmIhebgijh]meb\Zebkvihl_gbklufZee_yfbog_[hevrh]hiZjdZZc;h]Zc ;h]ih^mfZeDhr_e_\h^ghcaZ[hlhcf_gvr_[m^_l =eZ\Z K\bablZdgyayR_oh\kdh]h\jh^h\h_bf_gb_Dhr_e_\uofbgme]h^BaZ\k_wlh\j_fyg_[ueh^gy qlh[uXe_gvdZg_^mfZeZhg_fI_j_^hlt_a^hf\klhebpmIZ\_eGbdheZ_\bqaZ_oZedkhk_^yf ijhklblvkyM@xebdZaZehkvbkl_dZeZdjh\vx^mrZdh]^ZhggZfbgmlmaZ^_j`Z\\k\h_cjmd_ lhgdb_iZevqbdbIhebgbg_`gh]ey^y_c\ebph\ujZabegZ^_`^mgZlhqlhhgbkfh]mlm\b^_lvkyk g_c\I_l_j[mj]_KZfhcXe_^hklZekyebrvg_[j_`gucdb\hd]heh\hcb_^\ZaZf_lgZymeu[dZ LZdh_ij_g_[j_`bl_evgh_hlghr_gb_[uehqlhhkljucgh`^ey__bkkljZ^Z\r_]hkyfmdZfbi_j\hc ex[\bk_j^pZh^gZdhi_j_kbeb\h[b^mbjh[hklvXeyih^hreZdIZ\emGbdheZ_\bqmdh]^Zhgm`_ kh[bjZekykimklblvkykdjuevpZbijhlygm\ba^Zgb_?\]_gbyHg_]bgZdhlhjh_dh]^Zlhih^Zjbe _chl_pihijhkbeZgZibkZlvg_kdhevdhkljhdgZiZfylvDjZkg_ybkfmsZykvih^_]hgZkf_reb\uf \a]ey^hf^_\mrdZih[eZ]h^ZjbeZ_]h^Z`_g_\a]eygm\gZgZibkZggu_dZjZg^Zrhfkljhdb lhjhieb\haZoehigmeZdgb]mbihki_rbeZmclb\^hfqlh[um`_hllm^ZbahdgZ]hklbghcaZdmkb\ ]m[ubmlbjZyluevghcklhjhghceZ^hgbg_m^_j`bfhevxsb_kyke_augZ[ex^ZlvdZddgyav R_oh\kdhce_]dh\kdhqbe\k_^ehb_s_jZafZogm\jmdhcgZijhsZgb_gZijZ\bekyd\hjhlZf mkZ^v[uIjh\h^b\_]h]eZaZfb@xebhldjueZdgb]mbijhqblZeZgZlblmevghfebkl_gZibkZggh_ q_ldbfbjZafZrbklufihq_jdhfdgyayq_l\_jhklbrv_bajhfZgZ ?cjZghgjZ\bebkvjhfZgu Hgb_caZf_gyeb\k_ HgZ\ex[eyeZky\h[fZgu BJbqZj^khgZbJmkkh Klhevy\gucgZf_dgZ__fheh^hklvb]emimx^h\_jqb\hklvg_fh]g_hlha\Zlvky[hevx\k_j^p_gh l_fg_f_g__hgZ[_j_`ghojZgbeZlhfbd\k\h_cdhfgZl_dZdkZfh_[_kp_ggh_khdjh\bs_ AZwlhl]h^mDhr_e_\uoijhbahrebagZqbl_evgu_i_j_f_guI_j\ZybkZfZy]eZ\gZyaZdexqZeZkv\ �lhfqlhK_j`ijb\_e\^hf`_gm?\^hdbyfbljb_\gZ\^_\bq_kl\_PDGHPRLVHOOH=he_gh\kdZyklZ\ PDGDPHDhr_e_\hc\f]gh\_gb_hdZbajh[dhc[Zjurgbij_\jZlbeZkv\[Zjugxb[ukljh\ayeZ [jZa^uijZ\e_gby\k\hbjmdbhlh^\bgm\gZaZ^gbcieZgIhebgIhebgmih^h[gh_iheh`_gb_gbdZd g_mkljZb\Zehgh\h_\ZlvkhkghohchgZg_kfh]eZk___ihiuldbih]h\hjblvk[jZlhf �aZdZgqb\Zebkvg_baf_ggufbjZafhe\dZfbbmij_dZfb\g_`_eZgbbihgylv_]h^jZ]hp_ggmxhddb dhlhjZyjZ^__lbkdexqbl_evghh[eZ]_k\hbo^hjh]bok_kl_jWlbjZafhe\dbk[jZlhfijb\_ebd lhfmqlhaZihke_^gb_ihe]h^ZhgZk[ebabeZkvkXe_cb^Z`_iulZeZkvdZdfh]eZaZsbsZlv__hl �gZiZ^hdhddbij_djZkghihgbfZyqlhXe_ijb^bjhdbihij_dh\ijbfheqZeb\hfihimklbl_evkl\_ K_j`Z^hklZ_lkydm^Z[hevr_q_f_c ijb\e_dZl_evgZy\g_rg_gjZ\hfhgZh[eZ^ZeZe_]dbfbhloh^qb\ufGh\h\k_fqlhdZkZehkv^hfZ b^hfhqZ^p_\kljh]hijb^_j`b\ZeZkv\a]ey^h\kmijm]Zk\h_]hdhlhjh]h[md\Zevgh[h]hl\hjbeZaZ lhqlhhg\ulZsbe__bagbs_luHgZ[ueZklZjr_cbalj_o^hq_j_cihjmqbdZhlZjlbee_jbb �fbljbyB\Zgh\bqZ=he_gh\kdh]hjZahjb\r_]hkyf_edh]hihf_sbdZbgbdZdg_fh]eZkqblZlvky \u]h^ghciZjlb_cK_j`[ueohjhrkh[hch[eZ^Ze^hklZlhqgh\gmrbl_evgufihm_a^guff_jdZf �khklhygb_fbihlhfmkeuekZfufaZ\b^guf`_gbohf\hdjm]_IhgylgZ[ueZjZ^hklvhddbdh]^Z ba\k_om_a^guodjZkZ\bphg\u[jZebf_ggh__bhgZihqeZaZkqZklv_hl\_lblvkh]eZkb_fgZ k\Zlh\kl\hfheh^h]hijb\e_dZl_evgh]hkhk_^ZK_j]_c`_hdjm`_gguc[_ah]ey^ghcex[h\vx fheh^hc`_gukdZ`^uf^g_f\k_[hevr_ly]hlbekyjhevxhi_dmgZ^\mofeZ^rbok_kl_jkZfhf ^_e_^Z`_fZlvm^ZebeZkvhlfbjZ\a\Zeb\gZg_]haZ[hlug_lhevdhhjh^ghck_klj_gh_s_bh[ hlph\kdhf]j_o_dhlhjuckZfZ`_iha\hebeZmaZdhgblvbbf_gghg_h[oh^bfhklvaZ[hlblvkyh Xe_\hafmsZeZ_]h[he__\k_]hDZdhgfh`_lihy\blvkykg_c\ijbebqghfh[s_kl\_bgZau\Zlv__ k\h_ck_kljhc_kebex[hcmdh]h_klv]eZaZkjZam`_m\b^blqlhhgZkh\k_fgZgbokIhebgg_ ihoh`Z"Ghih`ZemckZfh_[hevrh_jZa^jZ`_gb_\uau\ZehmK_j`ZlhqlhaZihke_^gbc]h^Xey dZdlhg_aZf_lghij_\jZlbeZkv\gZklhysmxdjZkZ\bpmgh_kebdjZkhlZIhebg[ueZoheh^ghclh\ Xe_]hj_e`b\hch]hgvbhgm`g_jZakeurZeqlhl_dlh_s_]h^gZaZ^\hki_\ZedjZkhlmIhebg \k_qZs_]h\hjylh_]hfeZ^r_ck_klj_ ?\^hdbyqm\kl\h\ZeZg_ex[h\vkmijm]ZdfeZ^r_ck_klj_bihlhfmg_mimkdZeZkemqZymdZaZlv @xebgZ__f_klh\k_fv_hgZ\g_[jZqgucj_[_ghd^_\bpZ\lhjh]hkhjlZjZ^h\Zlvky^he`gZlhfm qlh__\ijbebqghf^hf_l_jiylbafbehklbGhg_kfhljygbgZqlhXeyg_mgu\ZeZG_\_qgh`_ �_c`blvih^h^ghcdjur_ck[jZlhfb_]h`_ghc_\mrdZf_qlZeZqlhdh]^Zgb[m^vmg__[m^_l kh[kl\_gguc\_ebdhe_iguc^hfblml`__c\f_qlZoy\eyekyaeZlhdm^jucdjZkZ\_pkmijm]k gZkf_reb\ufbk_jufb]eZaZfb &#xhl;&#xk;&#x_];&#xh^;&#xgy;&#xX;&#xe_;&#xgv;&#xdZ;&#xi;&#xjh;&#xkg;&#xme;&#xZk;&#xv;&#x;&#xoh;&#xjh;&#xr_;;&#xgZ;&#xkl;&#xjh;&#x_g; b;&#x;hlbk_]h^gyXe_gvdZijhkgmeZkv\ohjhr_fgZkljh_gbb_gvh[_sZe[ulvkheg_qgufbl_ieuf EmqbkhegurdZaZimlZ\rbkv\]mklhcdjhg_m`_ih`_el_\r_cklZjhcebiuqlhjhkeZi_j_^^hfhf keh`bebkvgZihem\ijbqm^eb\ucmahjbaijbhldjulh]hhdgZ\_yehk\_`_klvxk_gly[jvkdh]hmljZ Gh^_gvgZqbgZ\rbckyklhevij_djZkgh\ihke_^kl\bbhdZaZekyihehgkxjijbah\^Ze_dhg_ ijbylguo Khkdhqb\kihkl_ebblbohgvdhgZi_\Zy^_\mrdZdjm`beZkvihdhfgZl_dh]^Z\^\_jblboh ihklmqZeb hc^bl_hl\_lbeZXeylhqghagZyqlhlhevdhklZjrZyk_kljZfh]eZih[_kihdhblv__\lZdmx jZgv ^\_jyob\kZfhf^_e_ihdZaZeZkvIhebglhevdh\klZ\rZybaihkl_ebbh^_lZyebrv\r_edh\uc i_gvxZjblhgdmxkhjhqdmLhfghihlygm\rbkvgZihjh]_bljyogm\ahehlbklufbdm^jyfbIhebgZ aZ[jZeZkvgZ_s_g_m[jZggmxdjh\Zlv �h[jh_mljhmeu[gmeZkvhgZG_`_eZ_rvihclbijh]meylvkyihke_aZ\ljZdZ" Kij_\_ebdbfm^h\hevkl\b_fmeu[gmeZkv\hl\_lXey Ihebgg_l_ji_ehkvih^_eblvkyk\h_cjZ^hklvxohlvkd_fgb[m^vimklv^Z`_bkfeZ^r_ck_kljhc ghg_ohl_ehkv]h\hjblvh[wlhf\^hf_q_jZhgZ^Ze_dhaZiheghqvaZkb^_eZkv\]hklbghck [jZlhfIhgy\qlhklZeZh[mahc^ey[jZlZhgZl_i_jviulZeZkvmkljhblvk\h_[m^ms__bK_j` lZdhfg_kf_eZ:lZf\_^vfh`_lkemqblvkyblZdqlhgZdZdhfgb[m^va\Zghf\_q_j_hgZ\klj_lbl IZ\eZGbdheZ_\bqZR_oh\kdh]hM_a`Zydgyavh[_sZegZibkZlv_cbi_j\h_\j_fyhgZ`^ZeZwlh]h ibkvfZghdh]^Zijhrehihe]h^ZZ\_kl_chldgyaylZdbg_[uehhgZi_j_klZeZ`^Zlvkfbjb\rbkv kl_fqlh\b^bfh_]hkbyl_evkl\haZ[uehg_ckjZam`_dZdlhevdh\u_oZeaZ\hjhlZbf_gby Dhr_e_\uo;e_klysbc]\Zj^_ckdbchnbp_jex[bf_p`_gsbgb[Zeh\_gvkm^v[uqlh_fmaZ^_eh ^hkdjhfghcijh\bgpbZedb\a^uoZxs_chg_f"Gmbimklvj_rbeZhgZYg_[m^mbkdZlvkgbf \klj_qy[m^mgZkeZ`^Zlvkyk_ahghflZgp_\Zlvoh^blv\l_Zljubfh`_lklZlvkylZdqlhgZc^m k\hxkm^v[m^mfZeZhgZghqvxg_\kbeZomkgmlvihke_jZa]h\hjZk[jZlhf H^gZdh`_`_eZgbxIhebgijh]meylvky\^\h_fkk_kljhcbih^_eblvkyjZkibjZ\r_c__jZ^hklvxg_ km`^_gh[uehhkms_kl\blvky KkZfh]hmljZ\Dmavfbgdmih`Zeh\Zekhk_^Dhr_e_\uo[ZjhgQ_lbobg;Zjhg[ue\m_a^_ebphf kjZ\gbl_evghgh\ufuc^y]h^gZaZ^\\hajZkl_khjhdZr_klbe_l\hlklZ\dm\qbg_rlZ[k dZiblZgZQ_lbobgi_j_[jZeky\k\h_ihf_klv_]^_jZgvr_ihy\eyekyebrvgZ_a^Zfbb\iehlgmx aZgyekyh[mkljhckl\hfjh^h\h]h]g_a^ZG_ihke_^gbfimgdlhf\_]hieZgZoklhyeZ`_gblv[Z mkZ^v[Z^Z\ghgm`^ZeZkv\ohaycd_b:e_dkZg^j:e_dk__\bqgZghky\bablukhk_^yf\gbfZl_evgh ijbkfZljb\Zekyd^_\bpZfgZ\u^Zgv_AZ_oZ\\^hfDhr_e_\uof_kypZljbgZaZ^kd_flhba khk_^_c\ihke_^g__\j_fyhgklZeqZkl_gvdh[u\Zlvmgbo@xebg_h[jZsZeZhkh[h]h\gbfZgbygZ _]h\bablu^Zevr_^_`mjguoex[_aghkl_cbojZa]h\hjug_rebZihke_lh]hdZd:e_dkZg^j :e_dk__\bqg_kdhevdhjZam^Zeyeky\dZ[bg_lk[jZlhfj_rbeZqlhmK_j`ZkgbfdZdb_lh^_eZ Ihke_aZ\ljZdZhgZkh[bjZeZkvijh]meylvkyihiZjdm\f_kl_kIhebgdZdhgbb^h]h\hjbebkv ihmljmghdg_m^h\hevkl\bxh[_bok_kl_jdgbfj_rbeijbkh_^bgblvky:e_dkZg^j:e_dk__\bq dhlhjuch[km^b\kK_j`_fdZdhg\ujZabeky^_eZgZkmsgu_baty\be`_eZgb_ih^urZlvk\_`bf \ha^mohf\h[s_kl\_ij_e_klguo^ZfIhdZIhebgb@xebi_j_]ey^u\Zebkvg_agZydZd\uclbba aZljm^gbl_evgh]hiheh`_gbyhdZaZehkvqlhK_j]_cEv\h\bqkkmijm]hcihdZdhclhkljZgghc ijbohlblh`_\urebgZijh]medmbih^o\Zlb\ih^jmdbIhebgmb`_gmK_j`j_rbl_evghih\_ebo ihl_gbklhcZee__hklZ\b\feZ^rmxk_kljmgZ_^bg_k[ZjhghfIh^Z\b\jZa^jZ`_gguc\a^hoXey hi_jeZkvgZp_j_fhgghij_^eh`_ggmxjmdmbkljm^hfih^eZ^b\rbkvih^g_ki_rgmxqbggmx ihoh^dm[ZjhgZgZijZ\beZkv\ke_^aZ[jZlhf G_dhlhjh_\j_fyhgbreb\iheghffheqZgbblhevdhrmjrZeZih^gh]Zfbi_j\ZyhiZ\rZyebkl\Z �Xeykfhlj_eZk_[_ih^gh]bjZa]h\Zjb\ZlvkQ_lbobgug_cg_ohl_ehkvZbhq_fkgbf]h\hjblv" EZ^gh[uhg[uebgl_j_kgufkh[_k_^gbdhfgh_]hmlhfbl_evgu_jZa]eZ]hevkl\h\Zgbyhiheblbd_ bebebl_jZlmj_ihq_jigmlu_ba]Za_lf_kyqghc^Z\ghklbgZ]hgyebgZ^_\mrdmlhkdmG_kdhevdhjZa hgZeh\beZk_[ygZfukebqlh_^\Zk^_j`b\Z_lkyqlh[ug_ihijZ\blv_]hdh]^ZhggZqbgZe hldjh\_gghi_j_\bjZlvnZdlugh\k_`_a^jZ\uckfukeih[_`^ZebhgZ\kydbcjZakqblZeZemqrbf ijhfheqZlvjZa\_fh`_l\hkiblZggZyk_fgZ^pZlbe_lgyy^_\mrdZmdZau\ZlvgZhrb[dbfm`qbg_ dhlhjucgZljb^pZlve_lklZjr___"BkdhkZ]eygm\gZk\h_]hkimlgbdZhgZlhlqZkhl\_jgmeZkv Hlq_]hlh^Z`_\b^[ZjhgZ[ue_cg_ijbyl_g ijh\bgpbb:e_dkZg^j:e_dk__\bqkeues_]he_f;m^mqbfm`qbghc^h\hevghdjmigufQ_lbobg h^_\ZekydZdhg]h\hjbeihihke_^g_cklhebqghcfh^_?]hkxjlmd[uegZklhevdhmadbfqlh dZaZehkv\ex[hcfhf_glfh`_ljZahclbkvihr\Zfhlg_hklhjh`gh]h^\b`_gbyohaybgZZ \^\h_fk_kljuqZkl_gvdhh[km`^Zeb\g_rghklvkhk_^Zihkf_b\ZykvgZ^_]hkZfh^h\hevgufb gZ^f_gguf\b^hf Hgbm`_^hklZlhqgh^Ze_dhhlhrebhl^hfZdh]^Z:e_dkZg^j:e_dk__\bq\uimklb\__ehdhlv aZ[_`Zeg_fgh]h\i_j_^bhklZgh\bekyi_j_^g_c XebyEv\h\gZm^_ebl_fg_g_fgh]hZr_]h^jZ]hp_ggh]h\gbfZgbygZqZehg[_jy__aZjmdmb ih^ghkyd]m[ZfaZlygmlu_\i_jqZldmiZevqbdb YkemrZxZk:e_dkZg^j:e_dk__\bqg_^hmf_gghih^gyeZgZg_]h]eZaZXey Km^ZjugyygZf_j_gk^_eZlvZfij_^eh`_gb_yijhrmZr_cjmdb[e_kgm\]eZaZfbijhbag_k hgbaZf_j\h`b^Zgbb__hl\_lZklZdbf\b^hf[m^lhh`b^ZeqlhkqZkleb\bpZ_kebg_ebrblky qm\kl\hl\hklhj]Zlhohly[umiZ^_li_j_^gbfgZdhe_gbbjZkkuie_lky\[eZ]h^Zjghklyo Fh`_lg_klhbllZdlhjhiblvky"hklhjh`ghhl\_lbeZXeyFu\_^vihqlbkh\k_fg_agZ_f^jm] ^jm]Z ImklydbhlfZogmekyQ_lbobgIhke_h]eZr_gbyihfhe\dbmgZkkZfb[m^_l^hklZlhqgh \j_f_gbihemqr_ihagZdhfblvky Y^mfZxZfklhblh[km^blvwlhl\hijhkkfhbf[jZlhfgZreZkvXey Y]h\hjbekK_j]__fEv\h\bq_fbhgm`_^Zek\h_kh]eZkb_ K_j`kh]eZkbeky"\uj\Zehkvm^_\mrdbij_`^_q_fhgZmki_eZih^mfZlvqlhih^h[gh_ aZf_qZgb_fh`_l[Zjhgmg_ihgjZ\blky YlZdihgbfZxqlhug_\\hklhj]_"f]gh\_gghhlj_Z]bjh\ZehglhlqZkgZofmjb\rbkv M\_jyxZkkh\_jr_gghgZijZkghFukZfbkhklZ\bf\_ebdhe_igmxiZjm IjhrmZk^Zcl_fg_k\udgmlvkykwlhcfukevxbg_lj_[mcl_hl\_lZlZdkdhjhijh[hjfhlZeZ hgZ\iheghfkfyl_gbb Gmqlhuyg_lhjhiexZku_s_lZdfheh^ubiheZ]ZxZfljm^ghhkfukeblvfh_ ij_^eh`_gb_ghy^mfZxqlhK_j]_cEv\h\bqkfh`_ljZatykgblv\Zf\k_\u]h^uwlh]hkhxaZ kZfh^h\hevghijhbag_khg GZkljh_gb_[uehhdhgqZl_evghbkihjq_ghKljm^hfm^_j`Z\rbkvhl`_eZgby\uj\Zlvk\hxeZ^hgv ba_]hjmdbbm[_`Zlv^hfhchgZiha\hebeZ_fm\gh\v\aylvk_[yih^jmdmbijh^he`blvijh]medmZ \kdhj_dgbfijbkh_^bgbebkvbhklZevgu_Dhr_e_\u @xebgZ^_yeZkvqlhihke_aZlygm\r_ckyijh]medbQ_lbobggZdhg_plhm_^_lbhgZkfh`_l ih]h\hjblvk[jZlhfghK_j`[m^lh[uba[_]Ze__dlhfm`_ijb]eZkbe[ZjhgZhklZlvkygZh[_^q_f _s_[hevr_jZkkljhbe__ �_\mrdZ[ueZ\g_k_[yhlaehklbZihlhfmg_h[jZsZy\gbfZgbygZohjhrb_fZg_jukjZam`_ ihke_ijh]medbgZijZ\beZkv\dZ[bg_lK_j]_y\ke_^aZ[jZlhf K_j]_cEv\h\bqhdebdgmeZhgZ_]hdh]^ZK_j`m`_aZdju\ZeaZkh[hc^\_jvMf_gy_klvdZf jZa]h\hjdhlhjucg_l_jiblhleZ]Zl_evkl\Z Dhr_e_\ly`_eh\a^hogm\ijhimklbek_kljm\dZ[bg_l Y^h]Z^u\Zxkv@xebhq_fuohlbl_khfghcih]h\hjblvghm\_jyxqlhugZijZkgh ihl_jy_l_\j_fy Ihq_fmK_j`"Ihq_fmlu^Z`_g_kijhkbef_gy"ke_augZ\_jgmebkv_cgZ]eZaZ KqblZ_rvqlh[Zjhg^eylZdhcdZdlug_ih^oh^ysZyiZjlby"\ihe]hehkZkijhkbehg Ym`_^Zekh]eZkb_gZ\Zr[jZdlZdqlh_^\Zebfg_wlhbgl_j_kghFh]mebrvihkh\_lh\Zlvl_[_ ih[uklj__i_j_f_gblvk\h_hlghr_gb_d[m^ms_fmkmijm]m �Zykdhj__gZeh`mgZk_[yjmdbq_fkh]eZrmkv Dhr_e_\hlhr_edhdgmbhl\_jgmekyhlk_kljuL_i_jv@xeb[ueZ\b^gZlhevdh_]hgZijy`_ggZy kibgZ G_klhbllZd^jZfZlbabjh\Zlv@xebaZ]h\hjbehggZdhg_pk_wlb]h^ufu\u^Z\Zebl_[yaZ qe_gZgZr_ck_fvbghkebrdhffgh]b_\b^_ebbihfgyldZd\k_[uehgZkZfhf^_e_M[ZjhgZ_klv lblmebkhklhygb_ihwlhfmh[s_kl\hhlg_k_lkydg_fm[eZ]hkdehgghIjhklhih^mfZcbhl\_lvk_[_ q_klgh_klveb\gZr_fm_a^__s_dlhlhdlhkh]eZkblkygZ[jZdklh[hcagZyhl\h_f ijhbkoh`^_gbb" Keh\Zwlb[bebgZhlfZrvdZdihs_qbgukiuogm\Xeyj_adhjZa\_jgmeZkvb\ukdhqbeZba dhfgZlu]jhfdhoehigm\^\_jvx K[_`Z\badZ[bg_lZ@xeblbohijhrfu]gmeZ\k\hxkiZevgxj_rb\kdZaZlvky[hevghcbg_ \uoh^blvbadhfgZlu^h\_q_jZIh\_jgm\dexq\^\_jyohgZih^hreZdihkl_ebbaZkmgm\jmdmih^ i_jbgmba\e_deZihlj_iZgguclhfbd?\]_gbyHg_]bgZHldju\dgb]mhgZ\dhlhjucjZaijhqeZ kljhdbgZibkZggu_jmdhcR_oh\kdh]hLy`_euc\a^ho\uj\Zekyba]jm^bk_iheygZwlhc kljZgbp_[uebbkibkZgu__jmdhc\k_]hlj_fykeh\ZfbR_oh\kdhcIZ\_eGbdheZ_\bq Deygmkvfum\b^bfkyijhr_ilZeZhgZbke_aZjZkieueZkvih[mfZ]_khj\Z\rbkvk^ebgguo imrbkluoj_kgbp XebyEv\h\gZua^_kv"mkeurZeZhgZ\hafms_gguc]hehk`_gu[jZlZHldjhcl_kbxfbgmlm �bebyijbdZ`m\ukZ^blv^\_jvg_gZrmldmaZ\_eZkvhddb KijylZ\gZf_klhdgb]m@xeblhjhieb\h\ul_jeZ]eZaZluevghcklhjhghceZ^hgb �HklZ\vl_f_gyhddbQlhZf_s_gZ^h[gh" G_f_^e_gghhldjhcl_uklZ\bl_[jZlZ\g_\hafh`gh_iheh`_gb_Zhg\_^vi_q_lkylhevdhh Zr_f[eZ]hihemqbbk_m`_j_r_ghbZr_]emih_mijyfkl\hlhevdhihdZau\Z_ldZdZyugZ kZfhf^_e_g_[eZ]h^ZjgZy^_\qhgdZijh^he`ZeZ\hafmsZlvkykghoZ Ylhevdhi_j_h^_gmkvk^ZeZkvXeyKdZ`bl_qlh[uI_eZ]_ydhfg_ijbreZ &#xZk;&#xq;&#x_l;&#x_;&#xjl;&#xv;&#xqZ;&#xkZ;&#x;&#x;&#xg_;&#x^h;&#xhe;&#xvg;&#xh;&#x[j;&#xhk;¾&#xZ;�MZkq_l\_jlvqZkZg_^h\hevgh[jhkbeZhddbhloh^yhl^\_j_c__ihdh_\bihlhjhibl_kvu `_agZ_l_qlhmgZk]hklvdh[_^m Ih^hc^yd^\_jbXeyih\_jgmeZ\aZfd_dexq\imkdZy\dhfgZlmI_eZ]_x Ijb]hlh\vfg_ieZlv_jhah\h__^\Zg_ieZqZijhr_ilZeZhgZ �HodZkZldZlufhy\kie_kgmeZjmdZfbI_eZ]_yZg_m[b\ZckylulZd=hkih^bg[Zjhglh fh`_lbklZjh\Zl^eyl_[yfZehklv[m^_lgh\_^vbebphfg_^mj_gbijb^_gv]Zo[hevrboM` emqr_[ul_[_ihohjhr_fmkh]eZkblkylhihlhfmqlhK_j]_cEv\h\bqhlkeh\Zlhk\h_]hg_ hlklmiblky �XeyfheqZeZg_\kbeZokihjblvkd_f[ulhgb[uehey[jZlZ[ZjhgkdbclblmeklZe^hklZlhqguf hkgh\Zgb_fqlh[ukjZ^hklvxijbgylvij_^eh`_gb_khk_^Zhl__bf_gbIjbk_\i_j_^a_jdZehfhgZ mklZ\beZkvgZk\h_hljZ`_gb_ Lu\hgdZdihohjhr_eZ]eZag_hl\_klvlhlh`_[Zjhgl_[ybaZijbf_lbeijh^he`beZI_eZ]_y jZkdeZ^u\ZygZdjh\ZlbgZjy^gh_r_edh\h_ieZlv_ M[_]m_c;h]mm[_]mfjZqgh]ey^ygZk\h_hljZ`_gb_j_rbeZhgZ KdZ`bdZZyb\ijZ\^mohjhrhihx"\^jm]kijhkbeZhgZk\hxklZjmxgygvdm �Zyemqr_lhbg_keuoZeZohly^_\hd]hehkbkluomgZkiheghg_aZ^mfu\Zykvhl\_lbeZ I_eZ]_yihfh]Zyohaycd_i_j_h^_\Zlvky=hehkml_[yqbkluc^Za\hgdbcqlhdhehdhevqbd H]ey^_\k_[y\a_jdZehXe_gvdZly`_eh\a^hogm\\ureZbadhfgZlu k_k_f_ckl\hi_j_^h[_^hfkh[jZehkv\^b\ZgghcIhlmib\]eZaZdZdbiheh`_gh [eZ]h\hkiblZgghc[Zjurg_Xeyk_eZgZkhnmih^e_Ihebgih^Zevr_hlk\h_]h`_gboZ @xebr_igmeZ_cgZmohIhebgdh]^ZK_j`aZ]h\hjbehq_flhkQ_lbobgufg_klhbllZd h]hjqZlvkyYihklZjZxkvm]h\hjblvK_j`Zhleh`blv\_gqZgb_^hDjZkghc]hjdbgZ[m^msbc]h^ �Fh`_lhg^Z`_kh]eZkblkyqlh[uluih_oZeZkgZfb\I_l_j[mj]\wlhfk_ahg_Zkl;h]\k_ h[jZam_lkyGhkh]eZkbkv[Zjhgg_lZdm`ieho :lukZfZihreZ[uaZg_]h"lbohkijhkbeZXey Lhevdh\f_klhwrZnhlZg_jZa^mfu\Zygbfbgmluq_klghijbagZeZkvIhebg K_j`gbdh]^Zg_kh]eZkblky\aylvf_gy\I_l_j[mj]\a^hogmeZXe_gvdZDm^Zijhs_\u^Zlv f_gyaZQ_lbobgZq_fljZlblvkygZgh\uc]Zj^_jh[ XeymdjZ^dhc[jhkbeZ\a]ey^gZQ_lbobgZ\hev]hlghjZkiheh`b\r_]hky\dj_ke_?kebm`[ulv kh\k_fq_klghclhih`Zemc[Zjhgg_lZdm`klZjJZa\_khjhdk_fve_lwlhklZjhklv"m]h\Zjb\ZeZ hgZk_[yGhdh]^ZhgZihiulZeZkvij_^klZ\blvk_[yi_j_^ZelZj_fih^e_g_]hlh_^\Zg_aZklhgZeZ\ ]hehk_clh\k_]hk_fgZ^pZlvKeh\gh\lmfZg_hgZmkeurZeZqlh:e_dkZg^j:e_dk__\bq h[jZsZ_lkydg_ck\hijhkhf XebyEv\h\gZfg_K_j]_cEv\h\bq]h\hjbeqlhug_iehohih_l_G_kh]eZkbl_kvebqlhgb[m^v bkihegblv" ;hxkvyk_]h^gyg_\]hehk_:e_dkZg^j:e_dk__\bqihiulZeZkvhldZaZlvkyXeyghi_j_o\Zlb\ ly`_euc\a]ey^[jZlZihkemrghih^gyeZkvkkhnubih^hreZdjhyex=hkih^bgmdZdfh`ghi_lv _keb\]hjehkZ^gblhlg_ijhebluoke_aZdhf\]jm^bf_rZ_l^urZlvg_lhqlhi_lv" G_km^bl_kljh]h_^\ZaZf_lghmeu[gmeZkvhgZQ_lbobgmufg_g_ih^u]jZ_l_" Km^h\hevkl\b_f Q_lbobg\kdhqbekdj_keZbmkljhb\rbkvaZjhye_fh[jZlbekydg_c Qlh[m^_l_i_lv" Yihfgxqm^gh_f]gh\_gb_hl\_lbeZXey ;Zjhgqlhlhijh[m[gbek_[_ih^ghkiulZykv\kihfgblvf_eh^bxghihlhfj_rbl_evghdb\gmeb �\ayei_j\ucZddhj^B]jZehghl\jZlbl_evghlhb^_ehhrb[Zykvbk[b\ZykvkjblfZhi_\\lhjhc dmie_lXey\h\j_fyijhb]jurZiZjmjZalbohgvdhdZreygmeZijbdju\jhleZ^hrdhcbQ_lbobg lhlqZkhklZ\b\\ihdh_bgkljmf_gl[jhkbekydklhemgZdhlhjhfklhye]jZnbgk\bghfGZeb\\ [hdZe\bgZhgijhlygme_]h_c _kvfZg_^mjghkm^ZjugyZ\lhjbl_lghaZf_lbehg=hehkmZkij_djZkgucohly^hhi_jghc ^b\uZfdhg_qgh^Ze_dhgh^ey^hfZrg_]hfmabpbjh\Zgby\_kvfZg_^mjgh ?^\Zk^_j`Z\y^h\blmxj_iebdmihih\h^m_]hij_\hkoh^gh]hZddhfiZg_f_glZXe_gvdZk^_eZ\ g_kdhevdh]ehldh\\bgZ\_`eb\hmeu[gmeZkv ;eZ]h^ZjxZk:e_dkZg^j:e_dk__\bq kZfh^h\hevghmeu[gmekyhg\hl\_l �Hlhl\_lZXexkiZkehihy\e_gb_\^\_jyohddb =hkih^Zijhrm\k_odklhembah[jZ`Zybak_[y]hkl_ijbbfgmxohaycdmrbjhdhmeu[gmeZkvhgZ Q_lbobggZijZ\Zo`_gboZij_^eh`beXe_gvd_k\hxjmdmb_cgbq_]hg_hklZ\ZehkvdZdlhevdh ih[eZ]h^Zjblv_]hbijhclb\f_kl_kgbf\klheh\mx;Zjhgij_^mij_^bl_evghhlh^\bgme^eyg__ klmebmk_ekyjy^hf_q_jij_\jZlbeky\iuldmK_j`hdZaZekyaZklhehfgZijhlb\g__bhgZ kt_`b\ZeZkvdZ`^ucjZadh]^Zhgih^gbfZegZg__]eZaZihiuldbQ_lbobgZihrmlblvgZ\h^bebgZ @xeblhkdmHgZgZkbem^h`^ZeZkvhdhgqZgbyh[_^Zbijh\h^b\^hjh]h]hklyihki_rbeZdk_[_ ihkeZ\mfheyxsbc\a]ey^Ihebg_HklZ\ZeZkvh^gZgZ^_`^ZqlhIhebg_dZdlhm^Zklkym]h\hjblv K_j`Zg_ki_rblvkhk\Z^v[hcb\aylv__kkh[hc\klhebpm=hkih^bih`ZemcklZfhebeZhgZe_`Z \ihkl_ebb]ey^y\ihlhehdk^_eZclZdqlh[uhgkh]eZkbeky Ijhkgm\rbkvihmljmhgZgZdbgmeZgZk_[yoZeZlb\ukdhevagm\bak\h_ckiZevgbijh[_`ZeZih �dhjb^hjmddhfgZl_Ihebgu\_jv[ueZg_aZi_jlZIehlgu_[ZjoZlgu_ihjlv_jug_ijhimkdZeb mlj_ggb_emqbkhegpZihwlhfm\dhfgZl_k_kljupZjbeihemfjZdIhebg_s_kiZeZghmXebm`_ g_[uehkbe^h`b^ZlvkyihdZhgZijhkg_lky IheyihljykeZhgZk_kljmaZie_qhIhebgZijhkgbkv Khgghfhj]ZyIhebgZk_eZgZdjh\Zlb DhlhjucqZk"g_^h\hevghihbgl_j_kh\ZeZkvhgZ K_fvlbohhl\_lbeZXey Bq_]hl_[_g_kiblky"ihlygmeZkv^_\mrdZ �ZdZd`_kiZlvfh`ghdh]^Z\k_fukeblhevdhhlhf\havf_lf_gyK_j`k\Zfbbebg_l" \hkdebdgmeZhgZ G_\havf_lofmjhhlj_aZeZk_kljZ;jZqguc^h]h\hjm`_ih^ibkZg_gqZgb_\ke_^mxsmx iylgbpm Xeyih[e_^g_eZbmo\Zlb\rbkvaZklhe[bddjh\ZlbkiheaeZgZihe G_lg_lLhevdhg_wlh_^vQ_lbobgh[_sZeh[h`^Zlv]eZaZ__gZihegbebkvke_aZfb DZd`_[m^_lhg`^ZlvLujZa\_g_\b^_eZdZdbfb]eZaZfbhg\q_jZgZl_[ykfhlj_e"QlhdhlgZ �kf_lZgmkimkdZygh]bkdjh\Zlbhlha\ZeZkvIhebgZg_j_\bgZofmjbeZkvhgZIh^mfZc emqr_hgl_[ygZljb^pZlve_lklZjr_E_lw^Zdq_j_a^_kylvihfj_lhklZg_rvkyfheh^hc[h]Zlhc \^h\hc^ZbaZ`b\_rv\k\h_m^h\hevkl\b_ H=hkih^bIhebgZdZdml_[yyaudih\hjZqb\Z_lky]h\hjblvlZdh_"aZju^ZeZXeyYgZg_]h kfhlj_lvg_fh]mZlhevdhij_^klZ\exqlhhgdhkg_lkyf_gy^_\mrdmi_j_^_jgmehhlhl\jZs_gby �Zqlh`yg_ihgbfZxqlheb"ijbk_eZih^e_g__IhebgZGhqlhfuk^_eZlvlhfh`_f" Lhevdh\fhgZklujv\ke_^aZfZf_gvdhcbgh]himlblhg_lG_m`_ebijhlb\\hebK_j`Zihc^_rv" Gm\k_mkihdhcky=eZaZ\hgdjZkgu_dZdb_klZebih]eZ^beZhgZk_kljmih]heh\_Luemqr_k :e_dkZg^jhf:e_dk__\bq_fih]h\hjbKdZ`bqlhkh]eZkgZghl_[_\j_fygm`ghqlh[uijb^Zgh_ ih^]hlh\blv^ZkZfhckwlhcfukevxk\udgmlvky]ey^brvbkh]eZkblky[Zjhgk\Z^v[mlh hleh`blv Ohjhrhyih]h\hjxkgbf\ul_jeZXeyjmdZ\hfoZeZlZke_au Ih^gy\rbkvhgZg_m\_j_gghmeu[gmeZkvk_klj_ Ho^Z[ueh[uaZqlhkiZkb[h]h\hjblv\a^hogmeZIhebgZ Xe_gvdZ\_jgmeZkv\k\hxdhfgZlmb\bag_fh`_gbbhimklbeZkvgZdjh\Zlv]heh\Z[he_eZlZdqlh ehfbeh\bkdbj_aZehijbimorb_hlke_a]eZaZJZa]h\hjkIhebghcgZdhlhjmxhgZ\haeZ]ZeZlZdb_ gZ^_`^uaZ[jZeihke_^gb_kbeubl_i_jvhgZ_^\Zfh]eZgZa\Zlvk\h_bfyI_eZ]_y\hc^y\ dhfgZlmbm\b^_\__\lZdhfkhklhygbb\kie_kgmeZjmdZfb ;Zlxrdbk\_lu^ZlugbdZdaZg_fh]eZilbqdZfhy" Hc^mjghfg_ijhr_ilZeZXeyI_j_^ZcK_j]_xEv\h\bqmqlhy[hevgZbk_]h^gyhklZgmkv\ ihkl_eb �Zeh`bkv`_lukdhj__eh`bkvYl_[_k_cqZkqZcdmkfylhc^ZjhfZrdhcijbg_kmaZkm_lbeZkv gygvdZmdeZ^u\Zy__\ihkl_evbmdju\Zyh^_yehf KljZggZymklZehklvbhimklhr_gghklvgZ\ZebeZkvgZg__AZdju\]eZaZXe_gvdZlhebaZ^j_fZeZlh ebijh\ZebeZkv\aZ[ulv_I_eZ]_y\_jgm\rbkvkihegufih^ghkhflhevdhihdZqZeZ]heh\hc IhklZ\b\\k_gZlmZe_lgucklhebdih`beZy`_gsbgZih^hreZdhdgmbaZ^_jgmeZrlhju Xeyg_agZeZkdhevdhhgZijhkiZeZghdh]^ZhldjueZ]eZaZ\dhfgZl_[uehkh\_jr_gghl_fgh ;_krmfghih^gy\rbkvkdjh\ZlbhgZih^hreZdhdgmbhlh^\bgmeZihjlv_jmGZmebp_kf_jdZehkv =mklu_hk_ggb_kmf_jdbhdmlZebklZjbgguciZjdbmkZ^v[mHdgh[uehijbhldjulhbih_`b\rbkv hlijhoeZ^u^_\mrdZ\_jgmeZkvdihkl_eb=heh\Z[he_lv\jh^_[ui_j_klZeZgh[ueZdZdZylh kh\_jr_gghimklZyb_s_g_kl_jibfhaZohl_ehkvqlhgb[m^vkt_klvHgZ\u]eygmeZ\[m^mZjb hdebdgmeZI_eZ]_xdhlhjZyijblmkdehfk\_l_k\_qbqlhlhrlhiZeZkb^y\dj_ke_ IjhkgmeZkv"Yl_[_k_cqZkq_]hgb[m^v]hjyq_gvdh]hijbg_kmih^gyeZkvgygy K_j]_cEv\h\bq^hfZ" ;Zjbgk[Zjug_cm_oZebbIhebgZkgbfbK_]h^gy[Ze^ZxlmDjmi_gkdbo :ybaZ[ueZ\a^hogmeZXey]ey^y\ke_^gZijZ\eyxs_ckygZdmogxI_eZ]__ Ohlyqlh_clhedm_oZlvgZ[Ze"K_j`ijZ\\jy^ebdlhbafheh^uoex^_c\m_a^_ih`_eZ_lkiZklb __hl[jZdZkQ_lbobgufk^_eZ\_cij_^eh`_gb_ Hlwlbo[_ajZ^hklguofuke_c__hl\e_dehihy\e_gb_I_eZ]_bkibjh]hfkaZcqZlbghcb]hjyqbf qZ_fF_^e_gghi_j_`_\u\ZylZxsbc\hjlmibjh]XeyhiylvaZ^mfZeZkvBajZa^mfbc__\u\_e a\mdaZoehigmlhcihju\hf\_ljZhdhgghcjZfuba\hgjZa[blh]hkl_deZ �Hc[ZlxrdbZqlh`_wlh^_eZ_lky"_ljbs_lhdZdhcih^gyekyg_bgZq_]jhaZ[m^_l aZijbqblZeZgygvdZdbgm\rbkvm[bjZlvhkdhedbkl_deZ BlmlrZevgZyfukevijbreZXe_\]heh\m?`_ebihc^_l^h`^vlh\lZdmxih]h^mgbdlhba �^\hjh\uobghkZgZmebpmg_ihdZ`_lbfh`gh[m^_lg_aZf_q_gghc\u[jZlvkyba^hfmhihqlh\hc klZgpbbjmdhcih^Zlvb^hmljZ__gbdlhg_o\ZlblkyZmljhfdZdjZaihqlh\u_\klhjhgmklhebpu ihc^mlQ_f^hevr_hgZ^mfZeZh[wlhfl_f[hevr_\g_cdj_ieZm\_j_gghklv\ijZ\bevghklb ijbgylh]hj_r_gby KdZaZ\I_eZ]__qlhg_[m^_lkiZlv\k\h_cdhfgZl_baaZ\u[blh]h\_ljhfkl_deZ@xebi_j_[jZeZkv bak\h_ckiZevgb\kiZevgx^ey]hkl_cbgZkbem^h`^ZeZkvdh]^Z\^hf_\k_mlbog_lG_ih]h^Z jZau]jZeZkvg_gZrmldmIjh[jZ\rbkvh[jZlgh\k\hxdhfgZlmXe_gvdZijhrfu]gmeZ\ ]Zj^_jh[gmxIhklZ\b\k\_qmgZdhfh^^_\mrdZgZreZklZjuckZd\hy`aZkmgmeZ\g_]hi_j\h_ ihiZ\r__kyieZlv_bkf_gm[_evybihgyeZqlh[hevr_\kZd\hy`gbq_]hbg_iheh`brvjZa\_qlh lhfbdImrdbgZblhjhieb\haZkmgmeZ_]h\kZd\hy` ;ukljhi_j_h^_\rbkv\l_fghk_jh_ieZlv_baiehlgh]hkmdgZk\ukhdbf\hjhlgbdhfklhcdhcb m^h[ghcaZkl_`dhcki_j_^b@xebgZdbgmeZk\_jomq_jguc[ZjoZlgucieZsbaZ^m\k\_qm �djZ^mqbkvijhreZddZ[bg_lm[jZlZ\_jv[ueZg_aZi_jlZXe_gvdZagZeZ]^_K_j`ojZgbl ^h\hevgh\gmrbl_evgmxkmffm\Zkkb]gZpbyoKijylZggucih^iZg_evxihlZcghcysbdd__ \_ebdhfmh]hjq_gbxhdZaZekyaZi_jlgZdexqj_f_gbbkdZlvdexqbmg__g_[uehihwlhfm\ay\ khklheZgh`^eyjZaj_aZgby[mfZ]bhgZ\ukmgm\hlmk_j^byyaudih^p_ibeZkh[ZqdmaZfdZbqlh [uehkbeugZ^Z\beZgZjmdhyldmgh`Zgmljbf_oZgbafZqlhlhs_edgmehbaZfhdih^^Zeky Hldju\ysbq_dhgZ\ulZsbeZlheklmxiZqdmZkkb]gZpbc Ijhklbf_gy=hkih^bijhr_ilZeZ^_\mrdZaZkh\u\Zy^_gv]b\kZd\hy`ghm`emqr_y[m^m \hjh\dhcq_ffhgZrdhc u[jZ\rbkvgZmebpmq_j_aq_jgucoh^bk`bfZyjmqdmihl_jlh]hkZd\hy`Z^_\mrdZrZ]gmeZ\ q_jghlmghqb_l_j[m^lhkp_ibkhj\ZekyjZa^m\Zyiheu__ieZsZhgaZdjmqb\Ze\hdjm]gh] �x[dmkju\Zek]heh\uq_jgucdZihjbk[b\Ze^uoZgb_hc^y^h\hjhlmkZ^v[uXey\ihke_^gbc jZah]eygmeZkvgZhlqbc^hfbbf_ggh\wlhlfhf_gljZa^Zekyi_j\ucjZkdZl]jhfZLhkdZk`ZeZ k_j^p_AgZlv[uqlh`^_l__\i_j_^b"a^hogm\hgZlhjhieb\haZrZ]ZeZ\klhjhgmihqlh\hc klZgpbbih_^\ZjZaebqbfhc\l_fghl_^hjh]_Bohlyb^lb[uehg_^Ze_dhbhgZki_rbeZbah\k_o kbegh]jhaZ\k_`_gZklb]eZ__\imlbOheh^gu_dhku_kljmb^h`^y[ukljhijhfhqbebbieZsb ieZlv_FhdjZyh^_`^Zg_ijbylghebieZdl_embaZljm^gyeZ^\b`_gb_gh^_\mrdZmijyfh ^\b]ZeZkv\i_j_^HgZ\a^jZ]b\ZeZijbdZ`^hfjZkdZl_]jhfZb\kiheho_fhegbbghmg__g_ \hagbdeh^Z`_fukebhlhfqlh[uih\_jgmlvh[jZlghDq_fm"_jgmlvkyqlh[u\iheghcf_j_ bkiulZlvgZk_[_]g_\[jZlZb\uclbaZfm`aZwlh]hhl\jZlbl_evgh]hQ_lbobgZ"M`emqr_y ]m\_jgZgldhcmkljhxkvdm^Z^mfZeZhgZq_fklZgm`_ghcwlh]h\_ebdh\hajZklgh]hrmlZ �h[jZ\rbkv^h\hjhlihqlh\hcklZgpbbhgZ\a^hogmeZkh[e_]q_gb_fb[_akbeijb\ZebeZkvd klhe[mAZeZyeZkh[ZdZIjbdjbdgm\gZg__gZdjuevph\ur_ekhgguckfhljbl_evJZa]ey^_\m \hjhl`_gkdbckbemwlhgihki_rbehldjulvdZebldmb\imklblvijhfhdrmxgZkd\hav[Zjurgx \gmljv Qlh`_wlhukm^ZjugyihghqZf[jh^bl_^Z_s_\lZdmxih]h^m"mdhjbag_gghihdZqZehg ]heh\hcgZ[ex^ZydZdhgZkgbfZ_lkk_[ygZkd\havijhfhdrbcieZsG_m`lh^_eh^hmljZg_ l_jibl" MZk_klvdhfgZlZgZghqv"ih\_jgmeZkvdg_fmXeyYaZieZqm\i_j_^ GZc^_lkykih^haj_gb_fihdhkbekygZg__kem`Zsbc AZ[jZ\mg_]hdexqbXe_gvdZaZi_jeZkvbagmljb\djhohlghcdhfgZl_gd_[hevr_ihoh`_cgZ dZfhjdmGhbwlbfhgZ[ueZ^h\hevgZDZdZygbdZdZyZdjurZgZ^]heh\hc\lZdmxlhih]h^m Kgy\fhdjh_ieZlv_b[_ev_hgZjZa\_kbeZ_]hgZklhys_c\m]emrbjf_i_j_h^_eZkv\kmoh_b me_]eZkv\ihkl_evM`_aZkuiZyhgZ\kihfgbeZqlhg_kijhkbeZmklZgpbhggh]hkfhljbl_eydh]^Z mljhfhlijZ\ey_lky^beb`ZgkLhevdh[ug_ijhkiZlv[ueZ__ihke_^gyyfukevi_j_^l_fdZdhgZ ijh\ZebeZkv\khg[_akgh\b^_gbc ?^\ZaZ[j_a`bejZkk\_l^_\mrdZhldjueZ]eZaZbg_^hmf_gghh]ey^_eZkvkihfgb\]^_gZoh^blky b[ukljhkhkdhqb\kihkl_ebXeymfueZkvoheh^ghc\h^hcaZrbjfhcIeZlv_balheklh]hkmdgZ ihkfhlj_eZgZij_e_klgh_e_]dh_ieZlv_balhgdh]h]hem[h]hr_edZdhlhjh_hgZ\q_jZ\ihiuoZo aZo\ZlbeZkkh[hcG_lwlhy\ghg_]h^blky^eyiml_r_kl\byIhfhjsb\rbkvhgZgZlygmeZgZk_[y \eZ`gmxh^_`^mbihki_rbeZ\dhglhjmklZgpbbAZieZlb\aZijh_a^b\uib\qZxkiZjhc]hjyqbo lhevdhqlhbki_q_gguo[ebgqbdh\hgZihqm\kl\h\ZeZk_[ygZfgh]hemqr_ GZdhg_pih^Zeb^beb`Zgk;jhkb\ijhsZevguc\a]ey^gZjh^gu_f_klZ^_\mrdZj_rbl_evgh ih^gyeZkvgZih^gh`dmbmk_eZkvgZkb^_gb_HgZihdZkeZ[hij_^klZ\eyeZk_[_qlh[m^_l^_eZlvih ijb_a^m\klhebpmghk_cqZkkZfuf]eZ\guf[ueh^h[jZlvky^hI_l_j[mj]Z ?_ihimlqbdZfbhdZaZebkvfheh^hcq_eh\_dih\b^mkem`Zsbcihqlh\h]h\_^hfkl\Zbhq_gv djZkb\Zyfheh^Zy`_gsbgZXeymdjZ^dhcjZa]ey^u\ZeZ__ghqlhlh\g_cihdZaZehkv_c kljZggufGZg_agZdhfd_[uehhq_gvdjZkb\h_baysgh_ieZlv_k^h\hevghkf_euf^_dhevl_ ijbdjuluflhgdhcdjm`_\ghcdhkugdhcdhlhjh_\jy^eb[uehmf_klghh^_\Zlv\^hjh]m Dhd_leb\ZyreyidZijbdju\ZeZahehlbklu_ehdhgu h\j_fyhklZgh\dbgZh^ghcbaihqlh\uoklZgpbcfheh^hcq_eh\_dhklZgh\b\rbkvjy^hfk djZkZ\bp_ckdehgbekydg_cbqlhlhijhr_ilZe_cgZmohKh[eZagbl_evgu_]m[ubah]gmebkv\ oheh^ghcmkf_rd_Ih\_jgm\rbkvdg_fmdjZkZ\bpZ[_kp_j_fhgghjZkkfhlj_eZ_]hbhl\_lbeZ ^Ze_dhg_r_ihlhf jy^ebukm^ZjvkZrbflh`Zeh\Zgv_ffh`_l_iha\heblvk_[_ih^h[gu_ljZlu Fheh^hcq_eh\_d\kiuogmeyjdbfjmfygp_fbi_j_]h\hjb\hq_flhkdmq_jhfmkljhbekygZ kb^_gv_jy^hfkgbfDjZkZ\bpZf_`l_fmkf_ogmeZkvbhklZgh\beZ\a]ey^gZXe_]hem[uo]eZaZo f_evdgmehex[hiulkl\h u_^_l_\klhebpm"ihbgl_j_kh\ZeZkvhgZ Xey_^\ZaZf_lghdb\gmeZ H^gZ"BZfkh\_jr_gghg_kljZrgh"ijh^he`beZhgZk\hbjZkkijhku Mf_gyg_[ueh\u[hjZg_hohlghhl\_lbeZXe_gvdZ Dh]^ZlhbylZd`__oZeZ\klhebpmihegZygZ^_`^bkf_euoh`b^Zgbc]jmklghmeu[gmeZkvhgZ Bqlhkemqbehkv"g_k^_j`ZeZex[hiulkl\ZXey Yohl_eZklZlvZdljbkhc]j_abeZl_ZljZevgufbih^fhkldZfbf_qlZeZh]jhfdhckeZ\_blheiZo ihdehggbdh\mkf_ogmeZkvhgZGhdZd\uykgbehkv]hehkmf_gyhdZaZeky^h\hevgh ihkj_^kl\_ggucZZdl_jkdh]hlZeZglZlZdb\h\k_g_hdZaZehkv :qlh[ueh^Zevr_"jZkiZogmeZ]eZaZXey Emqr_Zfg_agZlvh[wlhfhl\_eZ]eZaZg_agZdhfdZI_l_j[mj]fh`_l[ulvhiZk_g^ey fheh^hcg_bkdmr_gghc^_\mrdb AZ\j_fyimlb^_\mrdbihagZdhfbebkvIj_djZkgmxg_agZdhfdma\ZebBjwgghwlhih`Zemc[ueh \k_qlhhgZkhh[sbeZXe_hk_[_;hevr_djZa]h\hjmhaZgylbyoBjwghgbg_\ha\jZsZebkv dhjhlZy\j_fyaZ[_k_^hch[h\k_fbgbhq_f �Ddhgpm\lhjhcg_^_ebiml_r_kl\bydhe_kZwdbiZ`ZaZ]jhohlZebihfhklh\ufklhebpubeb`Zgk hklZgh\beky\h^\hj_ihqlh\hcklZgpbbMklZ\rb_iZkkZ`bjudjZcg_^h\hevgu_l_fqlh mlhfbl_evgh_iml_r_kl\b_ih^hrehddhgpmkm^h\hevkl\b_f\u[bjZebkvba^beb`ZgkZXeyl_ieh ijhklbeZkvkBjwgb\uc^yaZ\hjhlZh]ey^_eZkvH[s_gb_kgh\hcagZdhfhcgZlhedgmeh__gZ fukevhlhfqlhhgZlh`_fh]eZ[uihiulZlvkqZklvygZZdl_jkdhfihijbs_Gm\hlyba^_kv =eZ\Z IhdZXeyaZ[bjZeZk\hckZd\hy`Bjwgk_eZ\ih^t_oZ\rbcdklZgpbb[h]ZlucwdbiZ`bm_oZeZ uc^yba\hjhl^_\mrdZjZkl_jygghh]ey^_eZkvGZ]hjh^[ukljhhimkdZebkvhk_ggb_kmf_jdbHgZ ay[dhih\_eZie_qZfb\klhebp_[uehg_\ijbf_joheh^g__q_f\jh^ghcDmavfbgd_ijhfha]euc \_l_jkG_\uoehiZeiheZfb^ebggh]h[ZjoZlgh]hieZsZlj_iZelzfgu_dm^jb\u[b\rb_kybaih^ reyidbB__jZ^m`gh_gZkljh_gb_\^jm]ihf_jdehklZehdZdlhg_^hdjZkhlklhebpu\]heh\_ djmlbebkvkh\_jr_gghbgu_bdm^Z[he__ijba_fe_ggu_fukebXe_gvdZgZm]Z^ihreZ\i_j_^__ dZ[emqdb]jhfdhklmqZebihfhklh\hcZ\]heh\_[beZkv_^bgkl\_ggZyfukevgZ^hgZclb ijbklZgbs_gZghqvGhdZd"Ddhfmh[jZlblvky"kihfgbebkvkeh\ZBjwgI_l_j[mj]fh`_l[ulv hiZk_g^eyfheh^hcg_bkdmr_gghc^_\mrdbAZf_lb\qlh\klj_qgu_fm`qbgu[jhkZxlgZg__ aZbgl_j_kh\Zggu_bhp_gb\Z\rb_\a]ey^u^_\mrdZihoheh^_eZKljZofmjZrdZfbijh[_`Zeih kibg_H^gZkh\k_fh^gZ\h]jhfghf]hjh^_Fbfhh[^Z\ih^he__b[_alh]hihkljZ^Z\r_]h\ ^hjh]_ieZsZ]jyavxijhfqZekyjhkdhrgucwdbiZ`HgZbkim]ZgghrZjZogmeZkvhlg_]hbm]h^beZ \qvblhdj_idb_h[tylvy Dm^Zki_rbrvdjZkZ\bpZ"jZa^ZekygZ^mohf[ZjoZlguc[Zjblhg Xeyj\ZgmeZkvbajmdfm`qbgubh[_jgm\rbkvkf_jbeZgZoZeZe_^yguf\a]ey^hf M`\h\kydhfkemqZ_g_\Zrbh[tylvykm^Zjvhlj_aZeZhgZ GZkf_reb\hk\_jdgmeb]hem[u_]eZaZbfheh^hcq_eh\_dijbih^gy\gZ^]heh\hcpbebg^jke_]dZ kdehgbe]heh\m @ZevJmqZxkvZf[uihgjZ\behkvmeu[gmekyhg Fh`_l_b^Zevr_ij_[u\Zlv\aZ[em`^_gbbh[hj\ZeZjZa]h\hjXeym\b^_\gZdhg_p]hklbgbpm bj_rbl_evghgZijZ\beZkvdg_cg_h[jZsZy[he__\gbfZgbygZg_agZdhfpZK_j^p_dhehlbehkv\ ]jm^bhl\heg_gbyfZe_gvdb_eZ^hrdbklZeb\eZ`gufbBohlv\g_rg_hgZgbdZdg_\udZaZeZ \eZ^_\r_]h_ckljZoZghg_\hevghmkdhjbeZrZ]qlh[uihkdhj__hdZaZlvkydZdfh`gh^Zevr_hl g_]h \_klb[xe_]hklbgbpu[uehl_iehbmxlghIjb]hklbgbp_[ueZg_[hevrZyoZjq_\gyIhk_lbl_e_c \aZe_[uehg_fgh]hb\[hevrbgkl\_k\h_fwlh[ueb]hkih^Z\_kvfZkhklhyl_evgu_HkfZljb\Zykv \ihbkdZolh]hddhfmfh`gh[ueh[uh[jZlblvkyXeyrZ]gmeZddhglhjd_G_mki_eZhgZih^hclb dklhcd_dZdaZdhglhjdhcihy\bekykem`Zsbc QlhZfm]h^ghPDGHPRLVHOOH"hdbgm\__m^b\e_gguf\a]ey^hfkgh]^h]heh\uihbgl_j_kh\Zeky hg Y[uohl_eZkgylvdhfgZlmihqlbijhr_ilZeZ^_\mrdZ MgZkijbebqgZy]hklbgbpZihwlhfmieZlZ\i_j_^ij_^mij_^be__ijbdZaqbd OhjhrhyaZieZqmXe_gvdZhldjueZkZd\hy`b^hklZeZg_kdhevdhZkkb]gZpbcKdhevdh" MkeurZ\hklhbfhklbghqe_]Z^_\mrdZihdZqZeZ]heh\hcK_]h^gy_cm`_gbdm^Zg_^_lvkygZ mebp_ihqlbkl_fg_ehghaZ\ljZi_j\uf^_ehfgm`gh[m^_lih^ukdZlv`bev_ih^_r_\e_ihlhfm qlh_kebhgZhklZg_lkya^_kvl_o^_g_]qlhmg__kkh[hc_klvo\Zlblg_gZ^he]h :iZjlZf_gludhlhju__cij_^hklZ\bebkhklhyebbamxlghckiZevgbbg_[hevrhc]hklbghcGhkbe gZlhqlh[uex[h\ZlvkybaukdZgghch[klZgh\dhcg_hklZehkvkh\k_fbihijhkb\ijbg_klbm`bg_c \dhfgZlmXe_gvdZijbk_eZdklhem nhgZjsbdijbklZ\b\dklhe[me_klgbpmaZ`b]Zei_j\ucnhgZjvKem]ZjZkklZ\b\gZklhe_lZj_edb k_^hclbohm^ZebekyG_mxlgh[uehgZ^mr_KljZrbeZg_hij_^_e_gghklvkh[kl\_ggh]h[m^ms_]h Kq_]hgZqZlv"Dm^Zihclb"LZdgbq_]hbg_j_rb\^_\mrdZijbgyeZkvaZm`bgij_^\dmrZydZd mfu\rbkvkgZkeZ`^_gb_f\ulyg_lkygZfy]dhciZogms_ck\_`_klvxihkl_ebDh]^ZhgZm`bgZeZ _cdZaZehkvqlhklhbl]heh\___dhkgmlvkyih^mrdbbhgZlhlqZkmkg_lihkl_evb\kZfhf^_e_[ueZ fy]dhcbm^h[ghcghaZkgmlvgbdZdg_m^Z\ZehkvDim]Zxsbffukeyfh[m^ms_f^h[Z\bebkv �m]jua_gbykh\_klbqlhhgZk[_`ZeZbaDmavfbghdg_hklZ\b\^Z`_aZibkdb\_g_^_ebm`fbgmeh ^mfZeZhgZI_eZ]_ygZ\_jgh_kmfZkoh^blhl[_kihdhckl\ZIhebgi_j_`b\Z_lZK_j` jZaukdb\Zyf_gyohly[ub^eyQ_lbobgZi_j_\_jgme\\_jo^ghf\kxhdjm]mGZ^h[uhlibkZlvbf qlhhgZ`b\Zba^hjh\Zqlhmg__\k_ohjhrh IhmljmXe_gvdZihijhkbeZkem`Zs_]haZdhglhjdhcih^kdZaZlv]^_fh`ghkgylvdhfgZlu ih^_r_\e_Ih[eZ]h^Zjb\_]h^_\mrdZ\ureZba]hklbgbpuk`bfZy\jmdZok\hcihlj_iZgguc kZd\hy`hklZgh\beZgZ_fgucwdbiZ`bgZa\Z\ba\haqbdmZ^j_k^hoh^gh]h^hfZdhlhjuc_c^Ze ijbdZaqbdkaZfbjZxsbfk_j^p_fhlijZ\beZkvgZ\klj_qmk\h_ckm^v[_yjdhfmlj_gg_fk\_l_ ]hjh^m`_g_im]Ze__kdhj__gZh[hjhlXeyhldbgmeZkvgZkibgdmkb^_gbybhlh^\bgm\rlhjdm ijbgyeZkvjZa]ey^u\Zlvmebpuklhebpu\hkobsZykvlh\bljbgZfbeZ\hdfbfhdhlhjuohgZ ijh_a`ZeZlhgZjy^Zfb^Zfg_ki_rghijh]meb\ZxsbokyihmebpZfIhiZklv\lZdhch]jhfgucb rmfguc]hjh^balbohcijh\bgpbb\dhlhjhchgZjh^beZkvb\ujhkeZ[uehkjh^gbijbdexq_gbx =meeb\_jZ\kljZg_\_ebdZgh\Bf_gghlZdhgZk_[ybhsmsZeZfZe_gvdhcbg_aZf_lghc WdbiZ`hklZgh\bekyi_j_^[hevrbf^hfhf Wla^_kvkm^Zjugyihfh]Zy_c\uclbbadZj_lumeu[gmekyba\haqbd Hkfhlj_\rbkv^_\mrdZ]em[hdh\a^hogmeZklZjZykvmgylv\heg_gb_AZf_lb\fm`qbgm\eb\j__ qlhgZijZ\bekyijyfbdhfdq_jghfmoh^mXey[jhkbeZkv\ke_^aZgbf =hem[qbdih^h`^b\udjbdgmeZhgZ Kem]ZhklZgh\beky Q_ffh]mkem`blvkm^Zjugy"g_l_ji_eb\hkijhkbehg Lug_ih^kdZ`_rvdZd[ufg_kmijZ\eyxsbfm\b^_lvky" LZdwlhZf\iZjZ^gh_gZ^hfZogmehgjmdhchc^_l_\iZjZ^gh_kjZam^\_jv[m^_lijyfh i_j_^Zfbg_aZ[em^bl_kv ;eZ]h^Zjx hc^y\iZjZ^gh_^_\mrdZm\b^_eZfZkkb\gmx^\_jvkjmqdhc\\b^_ev\bghc]heh\uhleblhcb �[jhgauK`Z\jmdm\dmeZqhdhgZjh[dhihklmqZeZ\_jv_chldjueih`behceZd_c �_gv^h[jucFh]mym\b^_lvkykmijZ\eyxsbf"ihbgl_j_kh\ZeZkvhgZ uihdZdhfm^_em[m^_l_km^Zjugy" Fg_[udhfgZlmkgylvmeu[gmeZkvXe_gvdZ Ijhoh^bl_[Zjurgyihklhjhgbekykem]ZijhimkdZy__\g_[hevrmxgh^h\hevgh^hjh]mx ]hklbgmxbm^Zebekyk^hdeZ^hf MijZ\eyxs_]h]hkih^bgZ:jlxobgZijbrehkv`^Zlv^he]hDZd\uykgbehkv\klZ\Zehgiha^ghb \^Zggucfhf_glaZ\ljZdZe\djm]mk_fvbukemrZ\__ijhkv[mmijZ\eyxsbcihbgl_j_kh\Z\rbkv jh^hf__aZgylbcbmkeurZ\\hl\_lqlhhgZZdljbkZg_^h\hevghihfhjsbekygh\k_`_kh]eZkbeky i_j_kqblZ\hklZ\rb_kyZkkb]gZpbb^_\mrdZijbreZdg_ml_rbl_evghfm\u\h^mqlh^_g_]\ayluo ba^hfmihqlbg_hklZehkvb_keb_cg_m^Zklky\[eb`Zcr_f[m^ms_fgZclbdZdhcgb[m^v bklhqgbd^hoh^ZhgZihijhklmmfj_l]heh^ghckf_jlvx Hlghkbl_evghg_\ukhdZyieZlZaZZj_g^m`bevyh[tykgyeZkvl_fqlhd\ZjlbjdZkhklhysZyba djhohlghc]hklbghcbg_[hevrhckiZevgbjZkiheZ]ZeZkv\fZgkZj^_?s_h^gbfkms_kl\_gguf g_m^h[kl\hf[uehlhqlhhgZg_bf_eZkh[kl\_ggh]h\h^hijh\h^Zbghkblv\h^mgm`gh[ueh\ \_^jZobaijZq_qghcqlhgZoh^beZkv\ih^\Ze_^hfZGh^eyXeb\h^hijh\h^[ue^b\hf g_\b^ZggufihwlhfmhgZ[ueZjZ^Zb\_^jZf Ih^gy\rbkv\fZgkZj^mbhkfhlj_\rbkv\k\h_ckh[kl\_gghcd\Zjlbjd_^_\mrdZijbreZd\u\h^m qlhk_]h^gymg__hij_^_e_ggh\u^ZekykqZkleb\uc^_gvb]j_o[m^_lg_ihiulZlvkyk_]h^gy`_ hlijZ\blvkygZijhkemrb\Zgb_Ijbfukebhijhkemrb\Zgbbmg__oheh^_ebjmdbbgZqbgZeb ^jh`Zlvdhe_gbihwlhfmhgZbm[_`^ZeZk_[yqlhk_]h^gykqZklv_gZ__klhjhg_ghemqr_\k_]h ihfh]Zeh\hkihfbgZgb_hdhebq_kl\_^_g_]\kZd\hy`_Klygm\kk_[yklZ\r__aZ^\_g_^_eb g_gZ\bklgufk_jh_kmdhggh_ieZlv_Xey[jhkbeZ_]hgZkibgdmdj_keZIeZlv_gm`^Zehkv\klbjd_ ieZs\qbkld_=hem[h_r_edh\h_ieZlv_hl^he]h]hij_[u\Zgby\kZd\hy`_ihfyehkvb\b^bf_eh \_kvfZ`Zedbcdlhfm`_hgZihgyeZqlh[_aihfhsb]hjgbqghc_cgbaZqlhg_aZkl_]gmlv_]h kZfhklhyl_evghGhg_\__oZjZdl_j_[uehk^Z\ZlvkyJZkijZ\b\ieZlv_gZdjh\Zlb^_\mrdZ^hklZeZ bakZd\hy`ZieZlhdkfhqbeZ_]h\h^hcbom^h[_^ghhll_jeZ]jyavkih^heZieZsZIhkfhlj_\gZ ieZlv_bihgy\qlh[_amlx]Z_fmg_ihfh`_lb^_gve_`ZgbygZdjh\ZlbXe_gvdZgZ^_eZ_]hgZ k_[ybih\_jgm\rbkvkibghcda_jdZemkaZ\b^gufmihjkl\hfijbgyeZkvaZkl_]b\Zlvdjhohlgu_ im]h\bqdbdhlhju_gbdZdg_ohl_ebijhe_aZlv\i_l_evdb ?c\k_`_dZdlhm^ZehkvkijZ\blvkykaZkl_`dhcijhimklb\lhevdh^\_bebljbim]h\dbH]ey^_\ k_[y\a_jdZe_XeyihklZjZeZkvjmdZfbjZa]eZ^blvkdeZ^dbgZihfy\r_fkyr_ed_Keh`gmx ijbq_kdm_ckhhjm^blv[uehg_ih^kbemihwlhfm^hklZ\]j_[_gvhgZijhklhjZkq_kZeZ\hehkub aZie_eZ\lheklmxdhkmLhqlhhgZm\b^_eZ\a_jdZe___g_hkh[hihjZ^h\Zehh^gZdh`_gbq_]h emqr_]hhgZihdZk_[_iha\heblvg_fh]eZGZ^_\ieZsdZihjbi_jqZldbaZi_jeZ^\_jbk\h_c djhohlghcd\ZjlbjdbbkimklbeZkv\gba`_em^d_m`_mjqZehhl]heh^ZihkdhevdmaZ\ljZdZlv\ ]hklbgbp_hgZg_klZeZbaaZ^hjh]h\bagulZfhrg_cdmogbbihwlhfmhq_gvh[jZ^h\ZeZkvaZf_lb\\ ZddmjZlgZijhlb\^hfZ]^_hgZkgyeZ`bev_fZe_gvdmxghmxlgmxdhn_cgxAZdZaZ\k_[_[mehqdm bqZrdm]hjyq_]hrhdheZ^ZhgZg_ki_rZjZkly]b\Zym^h\hevkl\b_ihaZ\ljZdZeZQlh[uih^[h^jblv k_[yi_j_^ijhkemrb\Zgb_f^eygZqZeZXeyj_rbeZijhclbkvihf_klgufeZ\dZfbdmiblvdh_qlh bag_h[oh^bfuo_cf_ehq_cJZgvr_hgZ^Z`_g_aZ^mfu\ZeZkvh[wlhf\hkijbgbfZyaZ[hlmhg_c klZjr_]h[jZlZbijbkem]bdZdg_qlhkZfhkh[hcjZamf_xs__kyghk_cqZkhklZ\rbkvh^gZ hkhagZeZgZkdhevdh__klj_fbl_evgh_[_]kl\hba^hfZhdZaZehkvg_ih^]hlh\e_ggufIjbdmib\_s_ �h^gmkf_gm[_evybiZjm[_euor_edh\uoqmehdhgZ\_jgmeZkvdk_[_h]h\hjb\rbkvaZkoh^gmx ieZlmkfheh^hc`_gsbghcbaijbkem]b^_\mrdZhl^ZeZ_c\klbjdmk\hb\_sb L_i_jvmg__^Z`_^eyk_[ygbdZdbohijZ\^Zgbcg_hklZ\Zehkvi_j_^b[uehkZfh_ljm^gh_ �i_j_kbeblvk\hxjh[hklvbihclbgZijhkemrb\Zgb_d^bj_dlhjmbfi_jZlhjkdbol_Zljh\_ehm`_ [ebabehkvd\_q_jmdh]^ZhgZ\ureZba^hfZbhklZgh\b\gZ_fgucwdbiZ`ihijhkbeZhl\_alb__gZ �?dZl_jbgbgkdmxgZ[_j_`gmxh_oZ\^ha^Zgby^bj_dpbbXe_gvdZjZkieZlbeZkvkba\haqbdhfb uddhfm[Zjurgy"ij_]jZ^behg_cimlv YgZijhkemrb\Zgb_d:e_dkZg^jmFboZceh\bqm=_^_hgh\mFg_gZagZq_ghkhe]ZeZhgZ gZ^f_ggh]ey^ygZa^hjh\_ggh]h^_lbgm\^\_jyo b^bfhqlhlh\__\a]ey^_aZklZ\behih\_jblv_cbhlklmib\hl^\_jbr\_cpZjkihdehghf ijhimklbe__\gmljvXeym`_ihqlb^hreZ^he_klgbpudh]^ZmkeurZeZmk_[yaZkibghc lhjhcwlZ`km^Zjugyihdhjb^hjmgZijZ\h u^hogm\kh[e_]q_gb_fhgZmkdhjbeZrZ]b_^\Zebg_[_]hf\ae_l_eZihe_klgbp_GZc^ygm`gmx ^\_jv^_\mrdZihklmqZeZ hc^bl_jZa^ZekyjZa^jZ`_ggucfm`kdhc]hehk Xey\hreZ\[h]ZlucdZ[bg_lbhklZgh\beZkvgZihjh]_ DlhubihdZdhfm\hijhkm"^h\hevgh[_kp_j_fhgghkijhkbe__\_kvfZij_^klZ\bl_evguc fm`qbgZk]mklufb[Zd_g[Zj^Zfb F_gyah\mlXebyEv\h\gZDhr_e_\ZbyijbreZgZijhkemrb\Zgb_klZjZykvg_hl\_klb]eZaih^ ijbklZevguf\a]ey^hfg_agZdhfpZ\uiZebeZXe_gvdZgZh^ghf^uoZgbbbih^hreZ[eb`_d fZkkb\ghfmibkvf_gghfmklhem ZfgZagZq_gh"gZofmjbeky=_^_hgh\MZk_klvj_dhf_g^Zpbb"um`_]^_lhb]jZebbebi_eb" YijbreZkZfZmf_gyg_lj_dhf_g^Zpbcm`_lbr_hl\_lbeZXeyBygb]^_g_b]jZeZZi_eZ jZa\_qlhgZ^hfZrgbofmaudZevguo\_q_jZo Qlh"gZ\ZebekygZklhe=_^_hgh\Km^Zjugyug_i_j_imlZebf_gykijh\bgpbZevguf Zglj_ij_g_jhfy\b\rbkvkx^Z[_aj_dhf_g^ZpbcbaZibkbgZkemrZ\rbkvfZlmrdbguobebqvbo lZf_s_dhfiebf_glh\" �_\mrdZ\m`Zk_ihiylbeZkvgh\^\_jvkgh\ZihklmqZebbhgZihklhjhgbeZkvqlh[u__g_gZjhdhf g_aZrb[eb hc^bl_j_adh[jhkbe__\baZ\b GZihjh]_ij_^klZe^h\hevghijb\e_dZl_evgucfheh^hcq_eh\_d :wlhu:jbklZjoIZ\eh\bqkfy]qbeky=_^_hgh\:qlhPDGHPRLVHOOHEZNhgl_cgm`_ h[ty\beZkv" GbdZdg_lZr_ij_\hkoh^bl_evkl\hhl\_lbe\hr_^rbcohlywdbiZ`aZg_cihkeZeb_s_^\Z qZkZgZaZ^ Q_jlagZ_lqlhl\hjblky\hkdebdgmehg]jhogm\ihklhemdmeZdhfYihh[_sZe]jZnm JZ^abgkdhfmqlhWe_g[m^_li_lvmg_]hk_]h^gybm`_hiZa^u\ZxgZ\_q_jWe_gg_laZlhijbreZ dZdZylhkZfha\ZgdZgZijhkemrb\Zgb_[_aaZibkbbfhjhqblfg_]heh\m Ihke_wlbokeh\:e_dkZg^jFboZceh\bq\gbfZl_evghihkfhlj_egZkdjhfghkijylZ\rmxkyaZ kibghc_]hihfhsgbdZ^_\mrdm DZdhcmZk]hehk" KhijZgh 0DGHPRLVHOOHyhdZaZeky\[_a\uoh^ghfiheh`_gbbihke_g_dhlhjuojZa^mfbcaZ]h\hjbe =_^_hgh\F_gykPDGHPRLVHOOHEZNhgl_cg`^mlgZqZklghffmaudZevghf\_q_j_byh[_sZeqlh hgZlZf[m^_li_lvuagZ_l_Kheh\vy:ey[v_\Z" �ZagZxjZkijZ\beZie_qb^_\mrdZ _kebZkihijhkylgZZr\u[hjKqblZcl_qlhmZkihy\bekyrZgk_kebug_hkjZfbl_kvy ijbfmZk\ljmiim ;eZ]h^ZjxZkZr_ij_\hkoh^bl_evkl\hjZkp\_eZmeu[dhcXeyYk^_eZx\k_\hafh`gh_ IheghfZogmejmdhc=_^_hgh\:jbklZjoIZ\eh\bqijh\h^bl_[Zjurgxd?ebaZ\_l_ :g^j__\g_imklvih^[_j_l_cqlhgb[m^v[he__ih^oh^ys__kdjb\bekyhgijb\b^_^h\hevgh ihghr_ggh]hieZsZbfylh]hieZlvyih^gbf ?ebaZ\_lZ:g^j__\gZihfhsgbd]eZ\gh]hdhklxf_jZhdZaZeZkv^h\hevghijbylghcimoe_gvdhc `_gsbghce_lljb^pZlbiylbH]ey^_\^_\mrdmkgh]^h]heh\uhgZijbg_keZba]Zj^_jh[Zyjdh_ djZkgh_ieZlv_k^h\hevghkf_euf^_dhevl_ ?kebm`Zr]hehkg_ihdhjblbojZkkf_yeZkvhgZ]eygm\gZkh\_jr_gghjZkl_jy\rmxky ^_\mrdmlh]^ZwlhieZlv_g_khfg_gghhl\e_q_l Q_j_aiheqZkZXey]eygm\gZk\h_hljZ`_gb_\a_jdZe_aZebeZkvkfms_ggufjmfygp_fHkh[Z kfhlj_\rZygZg__baa_jdZeZf_g__\k_]hihoh^beZgZg_\bggmx^_\mrdmhgZkdhj__gZihfbgZeZ \_kvfZbkdmr_ggmxdhdhldmNZevrb\u_[jbeebZglu\mrZobgZr__\u]ey^_ebq_j_kqmj \uau\Zxs_L_fgu_ehdhguXebdhklxf_jrZaZq_kZeZ\ukhdhgZ\_jobaZdj_ib\]j_[gyfb hklZ\beZkiZ^Zlvkljmysbfky\h^hiZ^hfgZbaysgmxkibgm :Zfg_dZ`_lkyqlhfg_wlhieZlv_dZdlhg_ih\hajZklm"jh[dhkijhkbeZhgZihijZ\eyyyqmlv \_ebdh\Zlu_ZihlhfmihklhygghkiheaZxsb_i_jqZldb GhijZ\hg_\ieZlv_`_^_[xlZgldbZkh[jy^blv"G_kmlmevl_kvkm^ZjugyJZkijZ\vl_ie_qbb ihfgbl_hlZr_]hk_]h^gyrg_]h\uklmie_gbyaZ\bkblZr_[m^ms__eZkdh\hgZimlkl\h\ZeZhgZ ^_\mrdmih^lZedb\Zyd^\_jbbgZdb^u\Zy_cgZie_qbZeuc[ZjoZlgucieZskih^deZ^dhcba [_eh]hr_edZ :e_dkZg^jFboZceh\bqh`b^Zek\hxgh\mxijhl_`_m`_kb^y\wdbiZ`_:jbklZjoIZ\eh\bq m\b^_\XexdZdlhkljZgghihkfhlj_egZg__ghijh\h^begZmebpmbihfh]ih^gylvkygZ ih^gh`dmDZj_lZljhgmeZkvmghkyXe_gvdm\g_\_^hfmxghqgmx`bagv\_ebdhk\_lkdh]h I_l_j[mj]ZK_j^p_k`bfZehkvhlkljZoZ?cdZaZehkvqlhhgZg_kfh`_l\aylvgb_^bghcghlub g_ij_f_gghijh\ZeblkyGh_cg_ijbrehkvl_jaZlvkywlbfbkljZoZfbkebrdhf^he]h\kdhj_ wdbiZ`hklZgh\bekyb\uc^ybag_]h=_^_hgh\ih^Zejmdmk\h_ckimlgbp_ Gbdh]^Z_s_\k\h_c`bagbhgZg_\b^_eZklhev[e_klys_]hkh[jZgbyGZjy^u^Zfie_gyeb fgh]hp\_lv_fhl[e_kdZgZklhysbo^jZ]hp_gghkl_cke_ibeh]eZaZ;ZevgucaZeihjZ`Zek\hbf \_ebdhe_ib_fbjhkdhrvxhl^_edbHl^Z\k\hcb__ieZsih^[_`Z\r_fmeZd_x:e_dkZg^j FboZceh\bq\aye__ih^jmdmbh[h^jyxs_ihoehiZeihaZlygmlhfm\r_edh\mxi_jqZldmlhgdhfm aZiyklvx Kf_e__fbehqdZY\b`mukh\k_fhjh[_ebG_\hegmcl_kvi_lvkoh^mZkgbdlhg_aZklZ\bl Hkfhljbl_kvihdZghhlf_gyg_hloh^bl_lbohijhbag_khg_cgZmoh XeygZreZ\k_[_kbeulhevdhdb\gmlv]heh\hcGZ\klj_qmbfki_rbeohaybg^hfZ GmgZdhg_plh:e_dkZg^jFboZceh\bqFum`aZ`^Zebkvh[jZlbekyhgd=_^_hgh\m:]^_`_ PDGHPRLVHOOHEZNhgl_cg"Yh[_sZe]hklyfijbylgucfmaudZevguc\_q_j BevyK_j]__\bqjZaj_rbl_Zfi_j\hfmij_^klZ\blvxgh_^Zjh\Zgb_meu[gmeky=_^_hgh\ PDGHPRLVHOOH:ggm;ukljbpdmxM\_jyxZkhl__i_gby\k_Zrb]hklb[m^ml\iheghf\hklhj]_ hgjmdhc\klhjhgmjhyey :dlh[m^_lZddhfiZgbjh\ZlvZr_kbyl_evkl\h"jZkl_jyeZkvXe_gvdZ H[wlhfg_[_kihdhcl_kvkm^Zjugyk_fmaudZglu^Z\ghgZk\hbof_klZohl\_lbe]jZn K]ehlgm\dhf\]hje_XeygZijZ\beZkvdjhyexIjb]eZr_ggu_jZkklmiZebkvi_j_^g_c ih]ey^u\ZygZg__kg_kdju\Z_fufbgl_j_khfb[_akl_kg_gbydhff_glbjmy__ihy\e_gb_ &RPPHF\nHVWLQWpUHVVDQW4XHOTXHFKRVHGHQRXYHDX DZdbgl_j_kghQlhlhgh\h_\fmkeurZeZhgZ ke_\Zhlk_[y`_gkdbc]hehk �7XFURLVTX\nHOOHSHXWVXUSDVVHQWPDGHPRLVHOOH/D)RQWDLQH" mfZ_l_hgZkfh`_laZlfblvPDGHPRLVHOOH EZNhgl_cg"\f 0DLVGHWRXWHIDoRQWUqVDWWUD\DQW Gh\h\kydhfkemqZ_\_kvfZg_^mjgZkh[hc\faZf_lbefm`kdhc [Zjblhg GZih^]b[Zxsbokygh]ZoXeyih^hreZdjhyexbaZklueZih\_jgm\rbkvd]hklyfJZ^abgkdbo =_^_hgh\\uklmibe\i_j_^bih^gyejmdmijhkylbrbgu =hkih^ZjZaj_rbl_fg_ij_^klZ\blvZr_fm\gbfZgbxhldjulb_wlh]hl_ZljZevgh]hk_ahgZ PDGHPRLVHOOH:ggm;ukljbpdmx Ih`behcfm`qbgZ\q_jghfnjZd_k_eaZjhyevbh[jZlbekydg_c Qlh[m^_l_i_lvPDGHPRLVHOOH" Kheh\_c:ey[v_\Zijhr_ilZeZXeybm\b^_eZdZdebphZddhfiZgbZlhjZ\uly]b\Z_lkyhl m^b\e_gby Kf_euc\u[hjihdZqZehg]heh\hcbaZf_j\h`b^ZgbbagZdZhlXeb a^hogm\ih]em[`_qlh[umkihdhblvkyhgZqmlvdb\gmeZ_fmbaZa\mqZeh\klmie_gb_ XeyagZeZqlh\dhgp_jlghfbkiheg_gbb\hlebqb_hl^hfZrg_]hihxlh[uqghkeh\Zlhevdh h^gh]hdmie_lZ^_fhgkljbjmy\h\lhjhfdmie_l_\ZjbZpbbbdhehjZlmjmghk_cqZkhgZihq_fmlh \kihfgbeZdZdkemrZeZkheh\vymk_[y\DmavfbgdZob\a^uoZeZhIZ\e_R_oh\kdhfbj_rbeZkv i_lv\lhjhcdmie_lkhkeh\Zfbbkdj_gg_gZ^_ykvqlhZddhfiZgbZlhj__ihcf_lbih^^_j`bl I_j_g_kykv^mrhc^hfhchgZaZi_eZ Kheh\_cfhckheh\_c =hehkbkluckheh\_c Qbkluca\hgdbc]hehkijhg_kkygZ^aZehfaZklZ\eyykfhedgmlvjZa]h\hju\hdjm]=_^_hgh\aZf_j g_\kbeZoih\_jblv\k\hxm^Zqm;h`_Hgqmlvg_ijh]ey^_elZdh_khdjh\bs_M\b^_\qlh ijb]eZr_ggu_aZlZb\^uoZgb_kemrZxl_]hijhl_`_bijh\Ze_fmk_]h^gyihoh`_g_]jhablhg aZ[uegZ\j_fyk\hb\hklhj]bbklZekemrZlv^_\mrdmlZddZdkemrZe[u__gZijhkemrb\Zgbb hp_gb\Zy__\hafh`ghklbbih^]hlh\dmbhq_gvm^b\bekymkeurZ\\lhjhcdmie_l Dlhlh[_^gZydZdy GhqvijhkemrZ_ll_[y G_kfudZxqbhq_c MlhiZxqb\ke_aZo J_rb\ihgZqZemqlhxgZyi_\bpZj_rbeZmijhklblvk_[_aZ^Zqmhimklb\dhehjZlmjmhgq_j_a f]gh\_gb_aZf_j\\hkobs_gbbwlZ^_\hqdZi_eZlZddZdbg_kgbehkvWe_g IZ\_eGbdheZ_\bqR_oh\kdhc\h[s_kl\_k\h_cij_^iheZ]Z_fhcg_\_klu:e_dkZg^juBevbgbqgu ihh^Zevhl\k_o]hkl_ckh[bjZekyjZkkdZaZlvFbr_exbKZr_gvd_aZ[Z\guckemqZcijhbahr_^rbc kgbfgZdZgmg_ IZ\_eagZeqlhgZ\_q_j_mJZ^abgkdbo^he`gZ[ueZi_lvWe_ggh^ZggucnZdlhklZ\be_]h kh\_jr_gghjZ\gh^mrguf0DGHPRLVHOOHEZNhgl_cg_s_f_kypgZaZ^ihemqbeZhlklZ\dmIjhsZgb_ \ureh\_kvfZ[mjgufbaZihfgbehkv_fmgZ^he]h R_oh\kdhcmklZehl__dZijbah\bkh\_jr_gghg_h[tykgbfuo\kiur_dj_\ghklbKdZ`^uf^g_fhg \k_qZs_eh\bek_[ygZfukebqlhWe_gklZeZaZ[u\ZlvdlhhgZ\_]h`bagbb__ih\_^_gb_\k_ [hevr_gZihfbgZeh_fmih\_^_gb_\a^hjghcj_\gb\hckmijm]bHgg_kh[bjZekyihju\Zlvkg_cgh magZ\hldh]hlhqlhhggZf_j_gk^_eZlvij_^eh`_gb_JZ^abgkdhcWe_gaZdZlbeZ_fm`mldbc kdZg^Zek[blv_fojmklZeybihkm^u KgZqZeZIZ\_eg_\hafmlbfh\abjZegZih]jhf\kiZevg_\gmlj_gg_kh^jh]Zykvhllh]hqlhm\b^_e bklbggh_ebphk\h_cex[h\gbpuE_gZjZklj_iZggZykdjZkgufbhlke_a]eZaZfbij_[u\ZeZ\ kljZrghcyjhklbHgZkh\_jr_gghg_kl_kgyeZkv\\ujZ`_gbyobkeurZih^h[gh_bamklfheh^hc djZkb\hc`_gsbgukdhlhjhchg^_ebekZfu_bglbfgu_fhf_gluIhevhsmlbedZdqm\kl\h\bgu aZlhqlhhgijbqbgbe_clZdmx[hevmklmiZ_lf_klh^Z`_g_jZa^jZ`_gbxhl\jZs_gbx?fm g_ijbylgh[ueh\b^_lvi_j_^kh[hcjZatyj_ggmxnmjbx\f_klhlhfghcij_e_klgbpuIhgZqZem R_oh\kdhcihiulZekykihdhcghh[tykgblv_cqlh[jZdwlhlg_bf__lgbq_]hh[s_]hkqm\kl\Zfb qlhb:e_dkZg^jZlhqghlZd`_dZdhghlghkblkydbo[m^ms_fmkhxamgh_]hkihdhcguc ebr_gguc\kydbowfhpbclhgdZaZehkvlhevdhih^ebefZkeZ\h]hgv We_gg_klZeZ_]hkemrZlvIh^kdhqb\dg_fmhgZkh\k_]hjZafZom\e_ibeZ_fmihs_qbgmghb wlh]h_cihdZaZehkvfZehke_^uhkljuogh]hldh\ihlhf_s_g_^_exg_koh^bebk_]hr_bL_ji_gb_ dgyay[ukljhbklhsbehkvHlhj\Z\__hlk_[ybhlr\ujgm\q_j_a\kxdhfgZlmijyfhgZ jZa]jhfe_ggmxdjh\ZlvIZ\_e\ur_e]jhfdhoehigm\^\_jvxdjbdgm\gZihke_^hdqlhgh]b_]h [hevr_g_[m^_la^_kv QZjmxsbc]hehki_\bpuaZklZ\be_]hmfhedgmlvbijbkemrZlvkyWlh[ueKheh\_cghhg[ue kh\_jr_gghm\_j_gqlhih_lg_We_gBa\bgb\rbkvi_j_^kh[_k_^gbdZfbIhevihklZjZekyih^hclb ih[eb`_:e_dkZg^jZg_^hmf_gghih`ZeZie_qbdZfbb\ay\ih^jmdmFbr_eyihke_^h\ZeZaZgbf IZ\_e\h\k_]eZaZjZa]ey^u\Zeg_\ukhdmxl_fgh\hehkmx^_\mrdmh[eZ^Zl_evgbpmklhev^b\gh]h ]hehkZIjbdju\]eZaZhgZi_eZg_aZf_qZygbq_]hbgbdh]h\hdjm]AZe\gbfZe_c\\hkobs_gghf fheqZgbbZ\dhgp_gZ]jZ^beZieh^bkf_glZfbgbq_]hh[s_]hg_bf_xsbfbkh[uqguf ZjbklhdjZlbq_kdbf\ujZ`_gb_f[eZ]h^Zjghklb:e_dkZg^jFboZceh\bq=_^_hgh\ih^hr_edi_\bp_ bqlhlhaZr_ilZe_cgZmohHgZdb\gmeZ_fmkdZaZeZqlhlhZddhfiZgbZlhjmZihlhfh[jZlbeZkvd ajbl_eyf =hkih^ZYagZxqlhk_]h^gy\uh`b^Zeba^_kvm\b^_lvPDGHPRLVHOOHEZNhgl_cgbyki_eZ Kheh\vyqlh[ug_h[fZgmlv\Zrboh`b^ZgbcGh_keb\uiha\hebl_lml^_\mrdZih\_jgmeZkvd ]jZnmJZ^abgkdhfmy[uohl_eZih^Zjblv\Zfk\hxi_kgx BevyK_j]__\bqlhevdhaZmeu[Zeky\hl\_l Bhiylv\aZe_aZa\mqZeZfmaudZZihlhf\klmibe^b\guc]hehk =hjb]hjbfhya\_a^Z her_[gh[eZ]h^ZlgZy �jm]hcg_[m^_lgbdh]^Z ;h`_DZdohjhrZmkeurZehg\hkobs_gguc]hehkFboZbeZmk_[ygZ^mohfDeygmkv_s_^h dhgpZk_ahgZhgZ[m^_lfh_c Blug_[hbrvkydhgdmj_gpbbPRQDPL"mkf_ogmekyR_oh\kdhc IZjbkm^Zjv"mofuevgmekyFbr_ev QlhklZ\bl_"hlha\ZekyIZ\_e Iylvlukyqijhlb\;mcgh]hij_^eh`beFboZbe ;mcgh]h"R_oh\kdhcaZ^mfZeky G_lhqlh[uhgkhfg_\Zeky\kh[kl\_gguokbeZogh\k_`__kebxgZyij_e_klgbpZ\u[_j_l Fbr_ey]hlh\ebhgjbkdgmlvbjZkklZlvkyk\_jguf^jm]hf\kemqZ_ijhb]jurZ" Gmqlh`_uZr_kbyl_evkl\hmeu[gmekyFbr_evg_m`lhmkhfgbebkv\kh[kl\_gghc g_hljZabfhklb^ey`_gkdh]hiheZ" B^_lijhlygme_fmjmdmIhevIylvlukyqijhlb\;mcgh]hGhlhevdhFboZbe:e_dk__\bq aZihfgbl_yg_gZf_j_gk^Z\Zlvky[_a[hy LZd^Z`_bgl_j_kg_c DZdZfg_klu^gh]hkih^Z H[Zfheh^uoq_eh\_dZh[_jgmebkvgZ]hehkiheguc\hafms_gby:e_dkZg^jZJZ^abgkdZykeurZeZ bojZa]h\hjhlkeh\Zb^hkeh\Zb\]eZaZo__iheuoZehg_]h^h\Zgb_ :e_dkiheghWlh\k_]hebrviZjbZhgZ\k_]hebrvi_\bqdZih^ghky__jmdmd]m[Zfijhbag_k R_oh\kdhc GhdZdfh`gh"HgZ`_`b\hcq_eh\_d wlhlfhf_gl^_\mrdZmjhyeyihkfhlj_eZijyfhgZR_oh\kdh]hMXe_gvdbaZdjm`beZkv]heh\Z dh]^ZhgZm\b^_eZlZd[ebadhlh]hhdhf]j_abeZp_euc]h^Hlhldjh\_gghhp_gb\Zxs_]h \hkobs_ggh]h\a]ey^Zdgyayi_j_o\Zlbeh^uoZgb_Xeybkim]ZeZkvqlhg_kfh`_lki_lv[hevr_gb h^ghckljhqdbbijbdju\]eZaZhgZ\^hogmeZih]em[`_baZi_eZklZjZykvqlh[u]hehkg_^jh`Ze hli_j_ihegy\rbo__wfhpbc A\_a^Zex[\ba\_a^Z\her_[gZy A\_a^Zfhbofbgm\rbo^g_c Lu[m^_rv\_qghg_baf_gghx ^mr_ijhkgm\r_ckyfh_c �;h`_Hga^_kvjy^hflZd[ebadh:wlhl_]h\a]ey^Hg^Z`_gZIhebglZdg_kfhlj_e_\mrdZ ihq_fmlhqm\kl\h\ZeZk_[yh[gZ`_gghci_j_^gbfDZaZehkvhgeZkdZe__\a]ey^hfbhsms_gby wlb[ueb^eyg__q_flhgh\ufg_ba\_^Zggufim]Zeb__k\h_ckbehcijh[m`^Zy\g_caZij_lgu_ `_eZgbyHlh^ghcfukebh[wlhfXe_klZeh`Zjdhdjh\vijbebeZds_dZfhdjZrb\Zybo imgph\ufjmfygp_f\]jm^bkeZ^dhaZguehb_cihdZaZehkvqlhlukyqbf_evqZcrbob]hehq_d \ibebkv\__l_eh GhhgZlhlqZkkimklbeZkvkg_[_kgZa_fexgZg_\bggmx^_\bpmfm`qbgZgbdh]^Zg_klZg_l kfhlj_lvlZdbfb]eZaZfb;ueh\_]h\a]ey^_qlhlh]j_oh\gh_ihjhqgh_qlhlhqlhim]Zeh__^h ^jh`b\dhe_gyoGZIhebghgkfhlj_eih^jm]hfmlh]^Z\_]h\a]ey^_e_]dhm]Z^u\ZeZkvg_`ghklv \hkobs_gb_`_eZgb_ihgjZ\blvky__k_klj_ hldjh\_ggucqm\kl\_ggucijbau\HgZ\kihfgbeZkeh\Zk\h_cfZq_obEZjbku:nZgZkv_\guqlhwlh [em^bklu^b[em^gbpulmlEZjbkZ:nZgbkv_\gZ\k_]^Zdj_klbeZkvbr_ilZeZIjhklb=hkih^b jZ[ml\hx:ggmh[yaZl_evgh[m^mlgZdZaZgu:[eZ]h\hkiblZggu_[Zjurgb^Z`_^mfZlvg_ ^he`gugbhq_fih^h[ghfihlhfmdZdwlhijb\_^_lboijyfh\]__ggmh]g_ggmx a^jh]gm\hgZhl\_eZ]eZaZb[hevr_g_ih\hjZqb\Zykv\klhjhgmdgyay^hi_eZihke_^gbcdmie_l ;jZ\hjZa^ZebkvZieh^bkf_glu;jZ\hPDGHPRLVHOOH JZkdeZgy\rbkvbhlhc^yhljhyeyXeyihbkdZeZ]eZaZfb=_^_hgh\Z:e_dkZg^jFboZceh\bq ih^hr_edg_cb\aye__ih^jmdm uf_gyihdhjbeb:ggZk^_eZehgm^Zj_gb_gZbf_gbdhlhjuf__gZa\Ze Ihq_fm:ggZ"lbohkijhkbeZXe_gvdZ @xebDhr_e_\Za\mqblm`dZdlhkh\k_fijh\bgpbZevghmkf_ogmekyhghl:ggZ;ukljbpdZy wlh^Zwlhfbf_gbqm\kl\m_lkyjZafZokbeZG_m`_ebug_hsmsZ_l_" Imklv[m^_l:ggZkmeu[dhckh]eZkbeZkvXe_gvdZukemqZcghbebg_l\u[jZebfg_ aZf_qZl_evgh_bfybfyfh_cfZl_jb HgZlhjhieb\hh[\_eZ\a]ey^hflheim]hkl_cghR_oh\kdh]hg_m\b^_eZFh`_l_cihdZaZehkv" ih`ZeZhgZie_qbdhfKdhevdh^ebekyboajbl_evgucdhglZdl"Fbgmlm^\_"Fh`_lhgZlZdohl_eZ m\b^_lv_]hqlh__\hh[jZ`_gb_ku]jZehkg_caemxrmldm" RZfiZgkdh]h"kijhkbe=_^_hgh\ G_hldZ`mkvmeu[gmeZkv_fmXeyijbgbfZyba_]hjmd[hdZe Dgbflhb^_ehih^oh^bebkh\_jr_gghg_agZdhfu__cex^bqlh[u\ujZablv\hkobs_gb___ lZeZglhfiha^jZ\eyeb:e_dkZg^jZFboZceh\bqZkhklhevp_ggufijbh[j_l_gb_f^eyl_ZljZ Ih^g_ky[hdZed]m[Zf^_\mrdZk^_eZefZe_gvdbc]ehlhd?c_s_gbjZamg_^h\h^behkviblv rZfiZgkdh_lhevdhjZa[Z\e_ggh_\h^hc\bghaZklhehf\djm]mk_fvbFZe_gvdb_imaujvdb ehiZebkvgZyaud_ijbylguc\dmkijhoeZ^gh]hgZibldZijbr_eky_cihgjZ\mHkf_e_\Xe_gvdZ k^_eZeZ_s_h^bg]ehlhdhkoblbl_evghmeu[gmeZkvhgZijbdju\]eZaZAZi_j\uf[hdZehf ihke_^h\Ze\lhjhcihlhflj_lbcXeyhsmsZeZk_[ylZdhce_]dhc_cohl_ehkvmeu[Zlvky lZgp_\ZlvghhgZlhevdhijblhiu\ZeZgh`dhc\lZdlf_eh^bba\mqZ\r_]h\ZevkZHgZ_s_gbjZamg_ [ueZgZgZklhys_f[ZemgbjZamg_lZgp_\ZeZ\ZevkDZd`_wlhgZ\_jgh_m\e_dZl_evgh djm`blvkyihiZjd_lmih^lZdmx\hegmxsmxfmaudmBaijbylghcwcnhjbb__\u\_eagZdhfuc ]hehk Km^Zjugyuiha\hebl_"g_h`b^Zy__hl\_lZR_oh\kdhc\ayeba__jmd[hdZekg_^hibluf rZfiZgkdbfbihklZ\be_]hgZih^ghkijhoh^ys_]hfbfheZd_yHdZ`bl_fg_q_klvjZaj_rbl_ ijb]eZkblvZkij_^eh`behg_cjmdm Xeyg_gZreZkvkhl\_lhf;he__\k_]h__ihjZabehlhqlhih\b^bfhfmIZ\_eGbdheZ_\bq__g_ magZeJh[dh\eh`b\k\hxjmdm\ijhlygmlmxeZ^hgvhgZiha\hebeZ_fm\u\_klbk_[y\p_glj [ZevghcaZeuIheh`b\jmdmgZ_]hie_qhbkljZrZkvih^gylv]eZaZhgZiha\hebeZ_fmh[gylvk_[y aZlZebxbih\_klb\lZgp_k_fukebkf_rZebkv\__]heh\_A^jZ\uckfuke[md\Zevgh\hibe qlh[uhgZ^_j`ZeZkvhlg_]hih^Zevr_hgg_lhldlh_cgm`_gHgZg_^he`gZ[ueZijbgbfZlv_]h ijb]eZr_gbyb\hh[s_kZfh_\j_fyjZaukdZlv=_^_hgh\Zbihijhkblvqlh[u__hl\_aeb^hfhc JZa\_g_^hklZlhqghkg__ihljyk_gbcaZh^bg\_q_j" G_l_^\Zkeurgh\u^hogmeZhgZ Lh]^Zihkfhljbl_gZf_gyihijhkbehg Xeyih^gyeZ]eZaZbmklZ\beZkvgZahehlbkluc\bohjkiZ^Z\rbc_fmgZeh[ M\_jyxZkfh_cfZl_jvx[ueZg_f_^maZ]hj]hgZbhlfh_]h\a]ey^Z^_\bpug_dZf_g_xllboh jZkkf_yekydgyav HlZr_]h\a]ey^ZhgbiZ^Zxl\h[fhjhdiZjbjh\ZeZXeygh\k_`_ihkfhlj_eZijyfh\wlb dhe^h\kdb_k_ju_]eZaZ HgZ[hevr_lZdbg_kfh]eZhl\_klb\a]ey^DZdZylhg_\_^hfZy_ckbeZm^_j`b\ZeZ__hllh]h qlh[uhimklblv]eZaZMeu[dZbkq_aeZk]m[R_oh\kdh]hDjm`Z__ihaZemhgiulZekyihgylv hlq_]hmg_]h\hagbdehqm\kl\hqlhhgbagZdhfu:ggZ;ukljbpdZykgh\Zbkgh\Zih\lhjyehgijh k_[yghlZdbg_fh]mo\ZlblvmkdhevaZ\rmxfukevHl^_\mrdbbkoh^beZjhfZlqbklhlub k\_`_klbgbdZdboijblhjguoly`_euo^moh\dhlhjufbqZkl_gvdhihevamxlkyZdljbkui_\bqdbb ^Zfuihemk\_lZohlyieZlv___[ueh^h\hevghhldjulufbkf_eufZ\mrZo\lZdl__^\b`_gbyf ihdZqb\ZebkvnZevrb\u_[jbeebZglu?_djbqZsbc[_a\dmkguclmZe_lgbdZdg_]Zjfhgbjh\Zek \ujZ`_gb_fgZb\ghklbbg_\bgghklbaZklu\r_f\[hevrbol_fguo]eZaZokfhlj_\rboijyfh\_]h ^mrm:owlb]eZaZ :ggZdlhu"Hldm^Z"\uj\Zehkvmg_]h Xey\hl\_lgZ_]h\hijhklhevdhaZ]Z^hqghmeu[gmeZkvIjha\mqZebihke_^gb_Zddhj^u\ZevkZ R_oh\kdhchklZgh\bekyghijh^he`Ze^_j`Zlv__eZ^hgv\k\h_cjmd_ Zr_kbyl_evkl\hXeyaZ[jZeZjmdmghijbwlhf__qmlv\_ebdh\ZlZyr_edh\Zyi_jqZldZ khkdhevagmeZbhklZeZkv\jmd_dgyay Klj_fbl_evghjZa\_jgm\rbkvhgZhdZaZeZkvebphfdebpmk:e_dkZg^jhfFboZceh\bq_f Zr_ij_\hkoh^bl_evkl\hijhrmZkFg_[uohl_ehkvmclb M`_"m^b\beky=_^_hgh\ K_]h^gyrgbc^_gv^eyf_gy[ueklhev\hegbl_evgufqlhym`_ijhklhg_\kbeZogZkeZ`^Zlvky wlbf\_ebdhe_iguf\_q_jhfjh[dhmeu[gmeZkvXey Gmqlh`dZdih`_eZ_l_km^Zjugyij_^eh`be_cjmdm=_^_hgh\ K_j]_cEv\h\bqg_gZc^yfeZ^rmxk_kljm\mkZ^v[_gZmljhihke_[ZeZmDjmi_gkdboihgZqZemg_ hq_gv\hegh\Zekyj_rb\qlhhgZijhklhlZdbfh[jZahf^_fhgkljbjm_l_fmk\hxh[b^mGbq_]hd \_q_jm\_jg_lkydZdfbe_gvdZy^mfZehgGhgbd\_q_jmgbghqvxgbgZmljhke_^mxs_]h^gy @xebg_ihy\beZkvHlijZ\b\ljhbofm`bdh\ijhq_ku\Zlv[eb`Zcrbce_kK_j`ijbgyeky jZkkijZrb\ZlvI_eZ]_xiheZ]ZyqlhhgZfh`_lagZlvhlhf]^_gZoh^blky__ex[bfbpZb^Z`_ [he__lh]h\iheg_fh`_lihfh]Zlv_cijylZlvkyGhaZf_lb\qlhih`beZy`_gsbgZhljZkkljhckl\Z _^\Zkhh[jZ`Z_lhq_fhg__kijZrb\Z_lijbr_edg_ml_rbl_evghfm\u\h^mqlhXe_gvdZg_ ihk\ylbeZk\hxklZjmxgygvdm\k\hbieZgu GZ\lhjhc^_gvh[gZjm`b\kehfZggucaZfhdihlZcgh]hysbdZk_dj_l_jZbbkq_agh\_gb_bag_]h \k_cgZebqghklbK_j]_cEv\h\bqijbr_e\[_r_gkl\hL_i_jv\k_klZehgZk\hbf_klZFZe_gvdZy gZoZedZh[\_eZ_]h\hdjm]iZevpZAZ[jZ\ba^hfZ\k_gZebqgu_^_gv]bhgZijhklhk[_`ZeZ Dhg_qghfh`gh[uehij_^iheh`blvqlhhgZ\hafh`ghgZoh^blky]^_lhg_^Ze_dh\ij_^_eZobo m_a^Zghihq_fmlhK_j`[uem\_j_g\h[jZlghf :nZgZkv_\gu\k_k\yabkwlhc\_l\vxjh^Z[uebh[hj\ZgukjZamihke_jh`^_gby@xebG_kghkgZy ^_\qhgdZHg\k_]^ZagZeqlhhlg__[m^mlh^gbg_ijbylghklbBqlhl_i_jv_fmijbdZ`_l_^_eZlv" DZdkdZaZlvQ_lbobgmqlh_]hg_\_klZk[_`ZeZgZdZgmg_k\Z^v[u"GZc^mkZfebqgh\uk_dmb ihkZ`mih^aZfhdklmdgmedmeZdhfihk_dj_l_jmDhr_e_\ DZdhgbij_^iheZ]Zeihbkdb@xeb\hdjm]_g_m\_gqZebkvmki_ohfD\_q_jm\lhjh]h^gyK_j]_c Ev\h\bqkZfebqghhlijZ\bekygZihqlh\mxklZgpbxHibkZ\kem`Zs_fm\g_rghklv^_\mrdbhg ihbgl_j_kh\Zekyg_\b^_eeblhl[Zjurgbih^oh^ys_cih^wlhhibkZgb_ Ih`behcklZgpbhgguckfhljbl_evih`_\Zelhgdbfb]m[ZfbjZa^mfu\Zy]h\hjblv_fmbebg_l OhaybgZbf_gby\DmavfbgdZohgmagZegh\k_`_^_\mrdZijbreZgZklZgpbxghqvxh^gZbih \b^mhgZ[ueZ\kh\_jr_gghfhlqZygbbihwlhfmhg^Z`_g_kjZamijbagZe\g_cfeZ^rmx PDGHPRLVHOOHDhr_e_\mghk^jm]hcklhjhguK_j]_cEv\h\bqg_k_laZg__hl\_lkl\_gghklvbbf__l ihegh_ijZ\hagZlvdm^ZgZijZ\beZkv_]hk_kljZIjbgy\lZdh_j_r_gb_hgih^gye]eZaZhl dhglhjdbb\a]eygmeijyfh\ebphDhr_e_\ZaZklu\r_]h\gZijy`_gghfh`b^Zgbb ZrZk_kljZkm^Zjv^\Z^gygZaZ^hieZlbeZijh_a^^hI_l_j[mj]Zbm_oZeZhl\_lbehg &#xu;&#xgb;&#xq_;&#x]h;&#xg;&#x_;&#xkh;&#xh[;&#xsb;ë&#xg_;&#x";�Ihq_fmugbq_]hg_khh[sbebfg_"hbf_gbyjmdhcih^ZlvhlklZgpbb Kem`Zsbcih`Zeie_qZfb :ihq_ffg_agZlvqlhmZk^_\bpZba^hfmk[_`ZeZ"Fh_^_ehfZe_gvdh_hieZlbebijh_a^y [be_l\u^Zeb^_ehkdhgphfjZa\_ehgjmdZfb uc^ygZdjuevphK_j`\[_r_gkl\_kehfZeoeukl GmfZe_gvdZy^jygvy^hl_[y^h[_jmkvijhjuqZehghl\yau\Zyhldhgh\yab`_j_[pZ =eZ\Z Ihfh]ZygZ^_lvXe_ieZs=_^_hgh\\hij_dbjZkijhkljZg_gghfmfg_gbxhg_fdZdhq_eh\_d_ keh\hhohleb\hf[uekljZgghfheqZeb\ =^_uhklZgh\bebkv"Dm^ZZkhl\_alb"ihbgl_j_kh\Zekyhgihfh]Zy_cih^gylvkygZih^gh`dm wdbiZ`Z XeygZa\ZeZZ^j_k=_^_hgh\ih\lhjbe_]hdmq_jmb\dZj_l_\hpZjbeZkvlbrbgZ:e_dkZg^j FboZceh\bqjZa^mfu\Zehq_flh[jhkZy\__klhjhgmaZ]Z^hqgu_\a]ey^u @xebh[jZlbekyhgdg_cg_h`b^Zgghk_jv_aguflhghfgZjmrb\gZdhg_paZlygm\r__ky fheqZgb_Fg_[uohl_ehkvih]h\hjblvkZfbhldjh\_ggh Hq_f"g_^hmf_ggh\kdbgmeZgZg_]h]eZaZXe_gvdZ Gmij_`^_\k_]hhlhfqlhZr_k_]h^gyrg__\uklmie_gb_ijhba\_ehgZf_gybg_lhevdhgZ f_gyg_aZ[u\Z_fh_\i_qZle_gb_Y[_jmZk\ljmiim ;eZ]h^ZjxZkZr_ij_\hkoh^bl_evkl\h]hehkXebih^hajbl_evgh^jh]gme Gmgmg_i_j_`b\Zcl_lZdihoehiZe__ihie_qm=_^_hgh\hafh`ghyhrb[Zxkvghk_]h^gy gZ[ZemyaZf_lbebgl_j_kijhy\e_ggucdZfdgya_fR_oh\kdbf Xe_gvdZ\kiuogmeZbhimklbeZ]eZaZmldgm\rbkv\a]ey^hf\kh[kl\_ggu_jmdbkeh`_ggu_gZ dhe_gyoI_jqZldZgZe_\hcjmd_hiylvkiheaeZaZf_lbeZhgZhlkljZg_ggh[m^lhwlh[ueZ\h\k_g_ __jmdZZi_jqZldZkijZ\hchklZeZkvmR_oh\kdh]hkfmlb\rbkvih^mfZeZ^_\mrdZ Qlhuohlbl_wlbfkdZaZlv"kijhkbeZhgZkly]b\Zyke_\hcjmdbi_jqZldmbdhfdZy__\dmeZqd_ b\^jm]aZf_jeZ[m^lhgZy\mm\b^_\\a]ey^R_oh\kdh]hdh]^Zihdb^ZeZaZeih^jmdmk=_^_hgh\uf jmd_ 3ULQFH6KHKRYVN\G\nKRPPHWUqVULFKH DgyavR_oh\kdhc\_kvfZkhklhyl_evgucq_eh\_d\fdZd[u f_`^mijhqbf[jhkbe:e_dkZg^jFboZceh\bq AZq_fu]h\hjbl_fg_h[wlhf"m^b\beZkvXey DZdybij_^iheZ]Zeuf_gyij_djZkghihgyebjZkkf_yeky=_^_hgh\Y\b`m\Zkohjhr__ \hkiblZgb_bihfbfhijhq_]hg_bkdmr_gghklvbg_dhlhjmxgZb\ghklvqlh^Z_lfg_hkgh\Zgb_ iheZ]Zlvqlhijhbkoh`^_gbyu[eZ]hjh^gh]hYg_kijZrb\ZxhijbqbgZodhlhju_ijb\_ebZk\ l_ZljZijhklhohqmij_^mij_^blv\u[jZ\kl_axZdl_jkl\Zu^he`gu[ulv]hlh\udlhfmqlh hlgug_Zkgbdlhg_ihklZ\blgZh^gmklmi_gvkij_^klZ\bl_evgbpZfbZr_]hdeZkkZu hqZjh\Zl_evgubfm`qbgugZqgmlhdZau\ZlvZfagZdb\gbfZgbyghijbwlhf[m^ml^_eZlv ij_^eh`_gbyg_bf_xsb_gbq_]hh[s_]hkl_fbij_^eh`_gbyfbqlhh[uqgh^_eZxl[eZ]hjh^guf [ZjurgyfgZ\u^Zgv_ Y^h]Z^u\ZxkvhimklbeZ]heh\mXe_gvdZbly`_eh\a^hogmeZ H^ZHgZhq_gvohjhrhihgbfZeZhq_fhg]h\hjbl\kihfbgZy\a]ey^dgyaydhlhjucijh`b]Ze gZkd\hav[m^be\g_cg_ykgu__ckZfhc`_eZgbybbgklbgdluGh^Z`_hgZihgbfZeZqlh\_]h ]eZaZoqblZeZkvkljZklvZg_ex[h\v@_eZgb_h[eZ^Zlvih^qbgblvk\h_c\he_ghg_aZ[hlblvkyb �jZa^_eblvkg_c\kxhklZ\rmxky`bagveyg_]hhgZfh]eZ[ulvjZa\_qlhkh^_j`Zgdhcbgbd_f bguf[he__ WlhohjhrhqlhuihgbfZ_l_ihfheqZ\g_dhlhjh_\j_fyijh^he`be=_^_hgh\Zky\b`m g_khfg_gguclZeZglbijb^he`ghfmk_j^bbufh`_l_^hklbqvg_[u\Zeuo\ukhlfZkl_jkl\ZD q_fmy]h\hjxZf\k_wlh"@Zeh\Zgv_Zdljbku\_kvfZkdjhfgh_bijh`blv\klhebp_gZg_]hZf [m^_lg_ijhklhghgbdlhg_aZij_sZ_lZfgZclbk_[_ihdjh\bl_ey;he__lh]hyfh][u ihkihkh[kl\h\ZlvZf\wlhf :e_dkZg^jFboZceh\bqba\bgbl_ghyg_kh\k_fihgbfZxZk\a^hogmeZXeybih^gyeZgZg_]h ]eZaZ Km^Zjugy\k_hq_gvijhklhug_khfg_gghihgjZ\bebkvR_oh\kdhfmbyfh][uaZfhe\blvaZ Zkkeh\_qdhi_j_^IZ\ehfGbdheZ_\bq_fHlZdhfihdjh\bl_e_fh`ghlhevdhf_qlZlvkqm\kl\hf aZdhgqbehghl]hgyyhlk_[y\hkihfbgZgbyh[We_gjZa^Z\e_gghcb`ZedhcdZdhchg__m\b^_e f_kypgZaZ^ijhq_fPDGHPRLVHOOHEZNhgl_cg^h\hevgh[ukljhkmf_eZgZclb\k_[_kbeub \_jgmlvkydij_`g_c`bagbIh]h\Zjb\Zebqlhmg__gh\ucihdjh\bl_ev\h\kydhfkemqZ_kimkly ^\_g_^_ebihke_jZkklZ\ZgbykR_oh\kdbfWe_gm`_\gh\v[ebklZeZgZl_ZljZevguoih^fhkldZo ;eZ]h^ZjxaZmqZklb_^_jadh\kdbgmeZ]heh\mXeyghyg_gm`^Zxkv\ihdjh\bl_e_DZd \ijhq_fbdgyavR_oh\kdhc_^\Zebgm`^Z_lky\Zr_cihfhsb WdbiZ`hklZgh\bekyb=_^_hgh\\u]eygme\hdgh Gm\hlub^hfZaZf_lbehgDZkZ_fhgZr_]hjZa]h\hjZ_kebi_j_^mfZ_l_^Zcl_fg_agZlv Hgihfh]_c\u[jZlvkybadZj_lubfZogm\gZijhsZgb_jmdhcm_oZehklZ\b\^_\mrdmi_j_^ iZjZ^guf HklZ\rbkvh^gZXey\kihfgbeZqlhdexqhl__d\Zjlbjdbe_`bl\dZjfZg___kh[kl\_ggh]hieZsZ dhlhjuchklZeky]^_lh\dhklxf_jghc\a^Zgbb^bj_dpbbbfi_jZlhjkdbol_Zljh\;h`__^\Zg_ ijhklhgZeZhgZG_m`_eb__bkiulZgbygZk_]h^gyrgbc^_gv_s_g_aZdhgqbebkv"H^gZghqvxgZ ^h[jZlvky^h?dZl_jbgbgkdhcgZ[_j_`ghc"Gh^_g_]mg__ijbk_[_lh`_g_lZb^lbi_rdhfg_ klhbl^Z`_b^mfZlvh[wlhf\a^hogmeZhgZhi_j\uohgZiehohagZ_l]hjh^Z\h\lhjuohgZ ^Z`_^mfZlv[hyeZkvhlhfqlhfh`_lkg_ckemqblvkygZmebpZoghqgh]h]hjh^ZH[o\Zlb\k_[y jmdZfbaZie_qb^_\mrdZ\a^hogmeZbj_rbl_evghgZijZ\beZkvdiZjZ^ghfmXey]jhfdhihklmqZeZ h^bgihlhf^jm]hcjZaGZdhg_p^\_jb_chldjueaZkiZggucr\_cpZj L_[_q_]hgZ^h"g_^h\hevghh]ey^_ehg^_\mrdmy\ghg_ijbagZ\Zygh\mx`bebqdm\klhys_c i_j_^gbfdhdhld_\yjdhfh^_ygbb Xeyk[b\qb\hihiulZeZkvh[tykgblv_fmqlhlhevdhk_]h^gymljhfkgyeZd\Zjlbjm\^hf_gh i_j_h^_\Zykvqlh[uihclbgZ\_q_jaZ[ueZaZ[jZlvdexqbH^gZdh__jZkkdZaih\b^bfhfm r\_cpZjZgbkdhevdhg_\i_qZlebeKhgghfhj]Zyb[_kij_klZggha_\ZyhgkemrZe__\ihemoZ B^b^Z\Zchlkx^ZihdZy[m^hqgbdZg_iha\Zekiexgmehgk_[_ih^gh]bReyxlkylml\kydb_ bj_rbl_evghaZoehigme^\_jb HklZ\rbkvgZmebp_bihgy\qlh\iZjZ^gh__cgbdZdg_ihiZklvhgZihiulZeZkv\aylvk_[y\jmdb Ay[dhih_`b\rbkv\r_edh\hf\_q_jg_fieZlv_b\lhgdhfieZs_[ueh^h\hevghoheh^gh ^_\mrdZ\iheghcjZkl_jygghklbaZf_jeZhdhehiZjZ^gh]hQlh`__c^_eZlv"kihfgb\mlj_gg_]h eZd_yki_rb\r_]hq_j_aZjdmdq_jghfmoh^mhgZj_rbeZihiulZlvkqZklvy_s_lZfjZkkm^b\qlh ^Z`__keb__g_imklylq_j_aq_jgucoh^lhfh`gh[m^_lohly[uhlkb^_lvky]^_lh\h\gmlj_gg_f ^\hjbd_H^gZdh^hclb^hZjdbhgZg_mki_eZbadZdh]hlhdZ[ZdZgZmebpm\u\ZebeZkvrmfgZy dhfiZgby]\Zj^_ckdbohnbp_jh\?_ZeucieZsljm^gh[uehg_aZf_lblvgZimklugghcmebp_b h^bgba]\Zj^_cp_\kjZ^hklguf\ha]eZkhf[jhkbekydg_c@_kldb_jmdbkhfdgmebkvgZlhgdhc lZebbdh]^ZXey_^\Z`b\ZyhlkljZoZihiulZeZkvkijylZlvkyaZm]ehf^hfZ 0DGHPRLVHOOHdm^Z`_u"jZkkf_yekyhg;m^vl_lZdex[_agukhklZ\vl_gZfdhfiZgbx /kFKH]PRLPRQVLHXU HklZ\vl_f_gykm^Zjv\f\uju\Zykvijhrbi_eZhgZ Ghfheh^hcq_eh\_dg_h[jZsZy\gbfZgbygZ__khijhlb\e_gb_\ulZsbe^_\mrdmbaZjdbih^k\_l nhgZjy?]hkhkem`b\pu\klj_lbebihy\e_gb_Xebh^h[jbl_evgufb\ha]eZkZfbbkf_ohf Deygmkvk\ylufbm]h^gbdZfb\_kvfZ]hjyqZyrlmqdZ]hkih^Zmofuevgmekyhgkljm^hf m^_j`b\Zybah\k_okbe\uju\Zxsmxky^_\mrdm HgZijhiZeZAeu_ke_auhlhkhagZgbykh[kl\_gghc[_kihfhsghklbb[_kkbebygZ\_jgmebkvgZ ]eZaZBdZd[m^lh^eylh]hqlh[u^h[Z\blv_cihahjZjy^hfhklZgh\bekyjhkdhrgucwdbiZ` =hkih^Zhnbp_juIj_djZlbl_kb_[_ah[jZab_g_f_^e_ggh]hehk]h\hjb\r_]h[uekljh]b\gmrZe g_\hevgh_m\Z`_gb_ �_j`Z\rb___jmdbf]gh\_gghjZa`Zebkvbhnbp_jlhevdhqlhkf_y\rbckygZ^__[_kieh^gufb �ihiuldZfb\uj\Zlvky\ulygmeky\hnjmgl\_jpZwdbiZ`ZhldjueZkvb^h\hevgh ij_^klZ\bl_evgucfm`qbgZe_lkhjhdZiylb\fmg^bj_]\Zj^bbihedh\gbdZijhlygmejmdm i_j_im]Zgghc^_\mrd_ Ih^bl_kx^Z^blyh[jZlbekyhgdg_c Hlq_]hlhXeykjZamih\_jbeZqlhwlhlq_eh\_d__g_h[b^blg_k^_eZ_l_cgbq_]h^mjgh]h HibjZykvgZ_]hjmdmhgZe_]dhih^gyeZkv\dZj_lmHimklb\rbkvgZfy]dh_kb^_gb_hgZk m^b\e_gb_fm\b^_eZ\ihemfjZd_dZj_lu_s_h^gm`_gsbgmIjb]ey^_\rbkvXe_gvdZg_ih\_jbeZ k\hbf]eZaZfijyfhgZijhlb\g__meu[Zykvkb^_eZBjwg ^_\mrdbaZf_lbeZhgZbih\_jgmeZkvdk\h_fmkimlgbdm;eZ]h^ZjxZk:e_dk_cZkbev_\bq hc^y\f_kl_kBjwgb:e_dk__fZkbev_\bq_f\d\ZjlbjmXeyhklZeZkv\ijboh`_cihdZBjwg mkljZb\ZeZk\h_]h]hkly:iZjlZf_gluihjZ`Zebk\hbf\_ebdhe_ib_fbjhkdhrvxh[klZgh\dbWlh [ueZm`gbdZdg___djhr_qgZyd\ZjlbjdZH]ey^_\rbkvXeyhjh[_eZQlhhgZagZ_lh[Bjwg"Dlh hgZ"Fh`_lhgZajyijb_oZeZkx^Z"Gh\kihfgb\ivyguckf_o`Z^gu_jmdbgZk\h_clZebbb ihohlv[e_kl_\rmx\]eZaZofm`qbglhlqZkhl[jhkbeZ\k_khfg_gbyIjh\h^b\k\h_]hkimlgbdZ\ ]hklbgmxohaycdZ\_jgmeZkv\ijboh`mxdaZklu\r_cdZdba\Zygb_Xe_ Dkh`Ze_gbxyg_fh]mk_cqZkm^_eblvZf\gbfZgbyu\b^_ebmf_gy]hklvg_kdhevdh gZlygmlhmeu[gmeZkvBjwgMf_gyg_l]hkl_\hckiZevgbihwlhfmghqvZfij_^klhblijh\_klb\ [m^mZj_ghkh]eZkbl_kvwlh\k_`_emqr_q_fgZmebp_:mljhfujZkkdZ`bl_fg_dZdhdZaZebkv gZmebp_ghqvx^Z_s_\lZdhf\b^_ ;eZ]h^ZjxZkjh[dhmeu[gmeZkv^_\mrdZ IjZ\hg_klhblufg_gZihfgbebf_gykZfh_e_l^_kylvgZaZ^mkf_ogmeZkvBjwg ua\Z\]hjgbqgmxohaycdZihjmqbeZk\hxg_`^Zggmxghqgmx]hklvx__aZ[hlZfZkZfZihki_rbeZ \]hklbgmxdk\h_fmkimlgbdm=hjgbqgZyBjwgihkl_ebeZ_cgZg_[hevrhf^b\Zgqbd_\[m^mZj_b m^ZebeZkvZXeygZdhg_plhkfh]eZ\a^hogmlvkihdhcgh dhfgZl_[uehlbohlhevdh]jhfdh_lbdZgv_gZihevguoqZkh\gZjmrZehwlmlbrbgmXe_gvdZ aZ^j_fZeZgh__jZa[m^belbobckf_o\khk_^g_cdhfgZl_HgZihg_\he_ijbkemrZeZkvdZdb_lh �kljZggu_g_ihgylgu_a\mdbbrhjhobZihlhfihkeurZekyijhly`gucklhg_\mrdZ\kiuogmeZ dh]^ZihgyeZqlhijhbkoh^blaZkl_gdhckh\k_fjy^hfkg_cHgZih^kdhqbeZgZihkl_ebbijb`ZeZ eZ^hgbdiueZxsbfs_dZfHlq_]hlhklZehlZd`Zjdhbk_j^p_aZqZklbeh\]jm^b;h`_[h`_ ijhr_ilZeZhgZQlhy^_eZxa^_kv"ghlml`_ih^mfZeZkm^b\b\rbf__kZfmkljZgguf kihdhckl\b_fm`emqr_a^_kvq_f\dhfiZgbbih^\uib\rbo]\Zj^_cp_\=hkih^bKdhevdh\k_]h k\ZebehkvgZg__g_mki_eZhgZbkmlhdijh\_klb\klhebp_AZkl_ghc\k_klboehqZku\k_lZd`_ f_jghhlkqblu\Zebk_dmg^uXey\gh\ve_]eZgZlygmeZgZk_[yh^_yehmdju\rbkvbfk]heh\hcb ihklZjZeZkvg_^mfZlvhlhfq_faZgbfZ_lkyBjwgL_i_jv_cklZehihgylghihq_fm__^hjh`gZy agZdhfZyklZjZeZkvba[_]ZlvjZa]h\hjh\gZwlml_fmihimlb\klhebpm HklZ\rbkvh^bgihkj_^b[Zevgh]haZeZR_oh\kdhcg_^hmf_ggh\_jl_e\jmdZor_edh\mxi_jqZldm :ggZlZdklj_fbl_evghbkq_aeZqlhhgg_mki_e^Z`_lhedhfihgylvqlhijhbkoh^blgh[he__\k_]h _]hihjZabehih\_^_gb_=_^_hgh\ZgZkdhevdhhgagZe:e_dkZg^jFboZceh\bqg_lhevdhg_ \hajZ`Zeijhlb\lh]hqlh[u_]hZdljbkubf_ebihdjh\bl_e_cghbkZf\_kvfZhohlghijbkljZb\Ze bokmeu[dhcjZa\h^yjmdZfbbkkueZykvgZg_h[oh^bfhklvwdhghfbbIh`Z\ie_qZfbIhev lhjhieb\hkijylZek_cij_^f_l^Zfkdh]hlmZe_lZih^fmg^bjhfZih^gy\]heh\m\klj_lbeky]eZaZfb kgZkf_reb\uf\a]ey^hfFbr_ey Ykfhljxl_[_\k_`_m^ZehkvaZihemqblvg_dbcljhn_c"mkf_ogmeky=hjqZdh\ AZ\bklv[hevrhc]j_oZr_kbyl_evkl\hiZjbjh\ZeR_oh\kdhc H^gZdh`gZwlmilbqdmluihoh`_\i_qZle_gbyg_ijhba\_ebgZq_kq_]h[u_clZdklj_fbl_evgh [_`Zlvhll_[y" Ihoh`_PRQDQLg_lhevdhfuklh[hcbf__f\b^ugZwlh]hkheh\mrdmmkf_ogmekyIZ\_e G_m`lh=_^_hgh\"bkdj_gg_m^b\bekyFbr_ev ijb]eZkblv__" Gmg_agZxM`_fmlh^hih^ebgghba\_klghqlhf_klh\l\h_cihkl_eb\ijhq_fdZdb\k_j^p_ gug_gbd_fg_aZgylhgZf_dgme=hjqZdh\gZ_]h[uemxk\yavkWe_ggZqlhIZ\_elhevdh kdjb\bekyFh`_l[ulvhgagZyl\hxj_imlZpbxj_rbem[_j_qvlZdh_khdjh\bs_hll_[y"Hq_gv m`hgZxgZ ha\jZsZykv^hfhcih^mljhIhevlhb^_eh\kihfbgZerbjhdhjZkiZogmlu_l_fgu_]eZaZ:ggZ :ggb:gg_l]^_`_y\b^_eZk"^mfZehgG_`_gsbgZaZ]Z^dZmkf_ogmekyhgk\hbffukeyf H^gZdh`_ihdZ^_ehijbgbfZehkd\_jguch[hjhlBkq_]hhg[uelZdm\_j_g\e_]dhcih[_^_"Gh iZjbaZdexq_ghklZ\dbk^_eZgubg_\_]hijZ\beZogbhlklmiZlvgbijhb]ju\Zlv XeyijhkgmeZkviha^ghkdZaZebkvlj_\h]bbmklZehklvijhr_^r_]h^gyKljm^hfjZae_ib\]eZaZ hgZk_eZgZihkl_ebbihlygmeZkvjZafbgZyaZl_drb_kibgmbie_qbQlhgb]h\hjbZ\uqmjguc ^b\Zgqbd^ey^Zfkdh]h[m^mZjZg_kZfh_dhfnhjlgh_eh`_Ih^gy\rbkv^_\mrdZijhreZkvih dhfgZl_Bqlhl_i_jv^_eZlv"\a^hogmeZhgZMr_eeb]hklvBjwg"Ghlmlij_^\Zjbl_evgh ihklmqZ\\dhfgZlm\hreZ\q_jZrgyy]hjgbqgZy^_j`Z\jmdZo^h\hevghfbeh_^hfZrg__ieZlv_ Ijhkgmebkv"meu[gmeZkvk^_eZ\dgbdk_g^_\mrdZBjbgZFboZceh\gZ`^_lZk\klheh\hc Iha\hevl_yihfh]mZfh^_lvky KimklyiheqZkZXey\oh^beZ\g_[hevrmxklheh\mxGZklhe_^ufbekyimaZluckZfh\Zjhll_ieuo [mehq_dbkoh^be\hkoblbl_evguoZjhfZlK]ehlgm\kexgm^_\mrdZijbk_eZaZklhebmeu[gmeZkv ohaycd_yjdhfk\_l_mljZBjbgZ\ijhklhfbkdjhfghfieZlv_gbq_fg_gZihfbgZeZ\q_jZrgxx dhdhldm Gm\hll_i_jvZfba\_klghdlhy]jmklghmeu[gmeZkvhgZm]hedhfiheguo]m[G_m^b\exkv _kebijyfhk_cqZkuih`_eZ_l_mclbbgbdh]^Z[he__g_\kihfbgZlvh[hfg_ DZdyfh]mhkm`^ZlvZk"\a^hogmeZXeyijhq_fq_fyemqr_"G_ihy\bkv\u\q_jZlZd k\h_\j_f_ggh G_[m^_fh[wlhfhl\_lbeZBjwgKfhljxklhebpZ\klj_lbeZZkg_eZkdh\hIjZ\hym^b\e_gZ [ueZm\b^_\Zk\lZdh_\j_fy^Z_s_\ih^h[ghfh^_ygbbum`f_gyba\bgbl_ghZr_ \q_jZrg__ieZlv_\_jo[_a\dmkbpuLZdqlh`_\k_lZdbkZfbkemqbehkv"ijhq_fyihklZjZxkv k^_j`Zlvk\h_ex[hiulkl\hkgZqZeZaZ\ljZd\k_jZa]h\hjuhklZ\bfgZihlhf Meu[gm\rbkv^jm]^jm]m^_\mrdbijbgyebkvaZaZ\ljZd:ihlhfmkljhb\rbkvgZmxlghf ^b\Zgqbd_XeyjZkkdZaZeZBjwgh[h\k_om^ZqZobaehdexq_gbyijhr_^r_]h^gy JZ^ZqlhZfm^Zehkvihklmiblv\ljmiimaZf_lbeZBjwgG_klhbldhg_qghkjZamh`b^Zlv fgh]h]hgh_kebkZf=_^_hgh\aZbgl_j_kh\Zg\Zkufh`_l_fgh]h^h[blvky KiZkb[hZfh]jhfgh_l_iehih[eZ]h^ZjbeZXeyk\hxg_qZyggmxkiZkbl_evgbpmghfg_ ih`ZemcihjZ:]^_ieZlv_\dhlhjhfy[ueZ\q_jZ"Hgh\_^vg_fh_^mfZx_]hgZ^h[m^_l \_jgmlv �Dhg_qghYihijhrmmgxkeh`blv_]h\dhjh[dmhlha\ZeZkvBjbgZbijbdhkgm\rbkvdjmdZ\m Xebgh]hieZlvy^h[Z\beZZwlhhklZ\vl_k_[_qlhlhyg_aZf_lbeZqlh[umZk[uehfgh]h [Z]Z`Z ;eZ]h^ZjxZk D\_q_jmaZ[jZ\k\hxh^_`^mbdexqbhld\Zjlbjuba^bj_dpbbbfi_jZlhjkdbol_Zljh\bhl^Z\ :e_dkZg^jhfFboZceh\bq_f_cm\b^_lvky\wlhl^_gvg_m^Zehkvgh_ci_j_^ZebaZibkdmhl =_^_hgh\Z\dhlhjhchgijhkbe__aZ\ljZmljhfijb[ulv\:e_dkZg^jbgkdbcl_ZljgZj_i_lbpbx gh\hcihklZgh\db AZkuiZy\_q_jhfm`_\k\h_cihkl_ebXe_gvdZ[ueZihegZkZfuojZ^m`guogZ^_`^gZ[m^ms__ MljhfgZ^_\^hklZ\e_ggh_ijZqdhcieZlv_bihaZ\ljZdZ\\dhn_cg_gZijhlb\hgZhlijZ\beZkv\ l_ZljBa\haqbd\ukZ^be__gZiehsZ^bi_j_^a^Zgb_fl_ZljZb^_\mrdZaZf_jeZ\\hkobs_gbb �;h`_DZdh_h]jhfgh_a^Zgb_\hj_p^ZblhevdhG_m`_eba^_kv_cij_^klhblb]jZlv"Bkdhevdh `_gZjh^mijboh^blkx^ZgZihklZgh\db"K_j^p_aZ[behkvg_jh\gufblheqdZfbay\k_[y\jmdb Xeyih^gyeZkvihklmi_gyf^\_jyo__\klj_lbeih`behcr\_cpZj �h[jh_mljhkm^Zjugyijb\_leb\hmeu[gmekyhgQ_ffh]mkem`blv" Mf_gygZagZq_gZ\klj_qZk:e_dkZg^jhfFboZceh\bq_f=_^_hgh\ufg_k^_j`ZeZhl\_lghc meu[dbXey=^_yfh]m_]hgZclb" ?]hij_\hkoh^bl_evkl\hgZj_i_lbpbbgugq_KlmiZcl_ijyfh\aZehldjuei_j_^g_c^\_jb r\_cpZj k_[ueh_c\gh\bgdm\ukhq_ggu_ihlhedbjhkdhrgucbgl_jv_jIhimlbdaZemhgZlhb^_eh hklZgZ\eb\ZeZkvjZkkfZljb\ZyZnbrbijhreuoihklZgh\hdI_j_^[hevrbfb^\_jyfb\_^msbfb\ aZe^_\mrdZaZf_jeZaZe_keurZebkv]hehkZb]jZeZfmaudZa^hogm\qlh[umgylv\heg_gb_ XeyihlygmeZgZk_[yfZkkb\gmxkl\hjdm gmljbpZjbeihemfjZdlhevdhkp_gm^h\hevghyjdhhk\_sZebki_pbZevgu_d_jhkbgh\u_eZfiu Hklhjh`ghklmiZyihijhoh^mb]ey^yk_[_ih^gh]bhgZgZqZeZkimkdZlvkylm^Z]^_dZd_c ihdZaZehkvm\b^_eZ=_^_hgh\ZXeyg_h[fZgmeZkvhg^_ckl\bl_evghkb^_e\i_j\hfjy^mb m\e_q_ggh]ey^_egZkp_gm �h[jh_mljh:e_dkZg^jFboZceh\bqih^ZeZ]hehkXeyijb\e_dZy_]h\gbfZgb_ =_^_hgh\ih\_jgmekyblhlqZk_]hebphhk\_lbeZmeu[dZ :ggZdZdykqZkleb\\b^_lvZkKlZeh[ulvuihemqbebfhxaZibkdm" :jbklZjoIZ\eh\bq_s_\q_jZfg___i_j_^Zemeu[gmeZkvXe_gvdZ =hkih^Zijhrmfbgmldm\gbfZgbyoehigmehg\eZ^hrbhklZgZ\eb\Zyj_i_lbpbx �_ckl\hgZkp_g_aZf_jehfmaudZklboeZb\k_ih\_jgmebkv\_]hklhjhgm IjhdhnbcK_f_gh\bq]hem[qbdih^bl_kx^Zh[jZlbekyhgdihklZgh\sbdmki_dlZdeyAZ]hkdhfm Ih`behcq_eh\_dkimklb\rbkvkhkp_guijb[ebabekydgbf IjhdhnbcK_f_gh\bqyZfEx[mrdmijb\_e^ey:abN_lmeu[gmeky=_^_hgh\Wlh PDGHPRLVHOOH:ggZ;ukljbpdZy Ih^g_kyd]eZaZffhghdevIjhdhnbcK_f_gh\bqih\_jgmekydXe_ Qlh`y^h\_jyxZr_fmqmlvx:e_dkZg^jFboZceh\bqGhug_aZ[uebqlhihklZgh\dZ fmaudZevgZybmZdljbku\k_g_ij_f_ggh^he`_g[ulvohjhrbc]hehk" M\_jyxZk]hehkg_ijhklhohjhrbchg^b\gucmeu[gmeky=_^_hgh\ GhdZdlh]^Z[ulvkPDGHPRLVHOOHEZNhgl_cg"jZa\_ejmdZfbihklZgh\sbd We_gku]jZ_lFZjnmhlj_aZe=_^_hgh\ DZdkdZ`_l_Zr_ij_\hkoh^bl_evkl\hkh]eZkbekykgbfIjhdhnbcK_f_gh\bq Km^Zjugyih\_jgmekyhgdXe_Zfm`_iheh`beb`Zeh\Zgv_" DZdgZqbgZxs_cZdljbk_Zf[m^_liheh`_gZlukyqZjm[e_c\]h^gZqZeAZ]hkdbc Ihelhjulukyqbi_j_[be_]h=_^_hgh\b[jhkbefgh]hagZqbl_evguc\a]ey^gZWe_gFug_ fh`_fkqblZlvgZqbgZxs_cZdljbkmdhlhjZykmki_ohfaZf_gbeZgZrmijbfmPDGHPRLVHOOHEZ Nhgl_cggZfmaudZevghf\_q_j_m]jZnZJZ^abgkdh]hIjhke_^bl_ih`ZemcklZaZwlbf AZ]hkdbcdb\gme �Ijhrmkm^ZjugymdZaZehgjmdhcgZkp_gmeygZqZeZyohqmihagZdhfblvZkkmqZklgbdZfb ljmiiuaZgylufb\ihklZgh\d_ Ih^^_j`b\Z_fZy_]hjmdhcXeyih^gyeZkvgZl_ZljZevgu_ih^fhkldbbih^hreZd^h\hevgh ij_^klZ\bl_evghfmfm`qbg_bhq_gvdjZkb\hc`_gsbg_ AgZdhfvl_kvFZjlugh\:e_dkZg^j?\klZnv_\bq\ihklZgh\d_[m^_lb]jZlvZr_]hiZi_gvdm Fhj^Zrh\Z?e_gZE_hihev^h\gZEZNhgl_cg[m^_lb]jZlvFZjnmZrmfZq_om Ju`_\hehkZydjZkZ\bpZkf_jbeZ__gZ^f_gguf\a]ey^hf Wlh[m^_lykghihke_i_j\hcj_i_lbpbbkPDGHPRLVHOOHdZdlZfZk:gghcdZ`_lky"iZjbjh\ZeZ hgZ IheZ]ZxuijZ\uWe_g\a^hogmeIjhdhnbcK_fzgh\bq XeykjZamihqm\kl\h\ZeZg_ijbyagvbkoh^ysmxhlPDGHPRLVHOOHEZNhgl_cggh\b^mg_ih^ZeZ Gbdlhbgbqlhg_kfh`_lk_]h^gyhfjZqblv__gZkljh_gby\_^v^eyg__gZqbgZ_lkygh\Zy`bagv Ihke_lh]hdZdhgZihagZdhfbeZkvkljmiihcIjhdhnbcK_f_gh\bq\u^Ze_cwda_fieyjkp_gZjbyk __jhevxihimlghhlf_lb\\kp_gZjbbkp_gudhlhju__cke_^h\Zeh\umqblvbihijhkbey\blvky aZ\ljZd^_kylbqZkZfgZi_j\mxj_i_lbpbx ?^bgkl\_ggufba\k_cljmiiudlhhlg_kkydg_c[eZ]h`_eZl_evgh[ue\_^msbcZdl_jl_ZljZ FZjlugh\Ihke_j_i_lbpbchgqZklhijb]eZrZe__\qZcgmxqlh[uih]h\hjblvhij_^klhys_c ihklZgh\d_:e_dkZg^jm?\klZnv_\bqmgZ\b^[uehe_lljb^pZlvljb^pZlviylvbgZXexhg ijhba\_e\_kvfZ[eZ]hijbylgh_\i_qZle_gb_Hgg_[uedjZkZ\p_fghebphbf_e^h\hevghijbylgh_ h^gZdh`[he__\k_]hXexihjZ`ZeZ_]hmeu[dZdh]^Zhgmeu[ZekydZaZehkv\g_fihy\eyeky dZdhclh\gmlj_ggbck\_lebphklZgh\behkvh^mohl\hj_ggufbihqlbdjZkb\ufHgb[_k_^h\Zebh ihklZgh\d_bFZjlugh\hohlgh^_ebekykg_ck_dj_lZfbZdl_jkdh]hfZkl_jkl\ZZh^gZ`^u ihbgl_j_kh\Zeky :ggZuhq_gvijb\e_dZl_evgZy^_\mrdZbdlhfm`_\Zkqm\kl\m_lkyhkh[Zmlhgq_ggZy ihemqb\rZyohjhr__\hkiblZgb_Qlh`_aZklZ\behZkih^Zlvky\Zdljbku"_^vwlhlZdhc g_[eZ]h^Zjgucljm^ M`emqr_\Zdljbkuq_faZfm`aZklZjbdZihfjZqg_\q_klghhl\_lbeZXey @Zeh\Zgv_Zdljbkug_lZdm`\_ebdhihdZqZe]heh\hc:e_dkZg^j?\klZnv_\bq\ijhq_fk Zr_cdjZkhlhcue_]dhgZc^_l_k_[_[h]Zlh]hihdjh\bl_ey Xey\kiuogmeZhl_]hkeh\ Gbdh]^Zk`Zjhfhl\_lbeZhgZYgbdh]^Zg_klZgmqv_c[ulhgb[uehkh^_j`Zgdhc FZjlugh\meu[gmeky]g_\mk\_jdZ\r_fm\l_fguo]eZaZoKdhevdhjZa_fm^h\h^behkvkeurZlv ih^h[gu_j_qbbm\_j_gbyM\ublh]dZdwlhgbi_qZevgh\k_]^Z[ueh^bgblhl`_OhlywlZ ^_\mrdZq_flhaZp_ibeZ_]h^mrm__`_klufZg_ju\k_\u^Z\Zeh\g_cgZlmjmkljZklgmxb m\e_dZxsmxkyKdhevdh\g_c[ueh`bagbgZklhys_]hh]gyBag__^_ckl\bl_evghfh]eZ[u \r\r\r Dhr_e_\\uykgb\qlhk_kljZ_]hij_^ihqeZ[jZdmkQ_lbobgufih[_]\I_l_j[mj]g_klZe hldeZ^u\Zlvhlt_a^\klhebpmG_^h`b^Zykvdh]^Zkemobhih[_]_@xebjZkiheamlkyihhdjm]_hg gZke_^mxsbc`_^_gvhlijZ\bekydQ_lbobgmbihijhkbei_j_g_klbk\Z^v[mgZ[he__iha^g__ \j_fyihkdhevdm@xebydh[u[ueZ\ugm`^_gZkjhqghhlijZ\blvkydly`_eh[hevghcjh^kl\_ggbp_ �:e_dkZg^j:e_dk__\bqg_aZih^hajbeh[fZgZbkh]eZkbekyhleh`blv\_gqZgb_K_j`hddbb Ihebg\u_oZebbaDmavfbghdkimklyg_^_exihke_ih[_]Z@xebBohlyIhebg\hegh\ZeZkm^v[Z feZ^r_ck_klju\k\_l_h`b^Zxsbo__k\_lkdbojZa\e_q_gbcwlblj_\h]bdZdlhg_aZf_lgh mklmibebf_klhdm^Z[he__ijbylguf^mfZfbi_j_`b\ZgbyfK_f_ckl\hDhr_e_\uo iml_r_kl\h\ZehkdhfnhjlhfDmavfbgdb[uebh^gbfbakZfuo[hevrbob[h]Zluobf_gbc\m_a^_ ^Z`_Bevbgkdh_R_oh\kdbomklmiZeh_fm\jZaf_jZob^hoh^ZoDhg_qghmR_oh\kdboBevbgkdh_ [ueh^Ze_dhg__^bgkl\_ggufbf_gb_fgh\k_`_Dhr_e_\u[uebhlgx^vg_[_^guIhjZaf_jm k\h_]hijb^Zgh]hbIhebgb@xeb\iheg_fh]ebkhklZ\blvg_rmlhqgmxdhgdmj_gpbxklhebqguf ^_\bpZfgZ\u^Zgv_bihlhfmIhebgZ\haeZ]ZeZ[hevrb_gZ^_`^ugZk_ahg\I_l_j[mj]_?oZebgZ �^he]bogZghqvhklZgZ\eb\ZykvgZihklhyeuo^\hjZohddbdhlhjhcgbjZamaZ\kx`bagvg_ ihkqZkleb\behkvih[u\Zlv\I_l_j[mj]_ij_[u\ZeZ\kljZrghf\heg_gbbBohlyK_j`aZjZg__ ihklZjZekymkljhblv\k_lZdqlh[uihijb_a^m\klhebpm_]h`_gZbk_kljZgb\q_fg_bkiulu\Zeb g_m^h[kl\hgZ\k_`_hq_gvi_j_`b\ZeZihwlhfmih\h^m GZi_j\h_\j_fyDhr_e_\ukh[bjZebkvhklZgh\blvky\^hf_^jm]ZK_j]_yI_ljZKl_iZgh\bqZ Emdhfkdh]hIhagZdhfbebkvhgbkh\_jr_gghkemqZcgh;m^mqbdZdlh\I_l_j[mj]_K_j`\ujmqbe Iv_jZbag_ijbylghckblmZpbbdh]^Zlhlg_kfh]jZkieZlblvkyihkq_lm\j_klhjZpbbhklZ\b\\kbem jZkk_yghklbk\h_c^hfZ\k_gZebqgu_I_lj[uek^Zfhcbhlq_]hlhDhr_e_\mklZeh`Zev_]h b^y\dZdh_aZljm^gbl_evgh_iheh`_gb_ihiZefheh^hcq_eh\_dhgijbl\hjbekyqlhhgbagZdhfu b^Z[ug_ihahjblv_]hi_j_^_]hkimlgbp_chieZlbeaehihemqguckq_lKlh]hkemqZymgbo aZ\yaZebkvijbyl_evkdb_hlghr_gbyi_j_jhkrb_kh\j_f_g_f\gZklhysmx^jm`[mK_j`hlibkZe _fmqlhieZgbjm_l\u\_klbk_kljm\k\_lgZqlhIv_jhl\_lbeqlhhgfh`_lhklZgh\blvkygZi_j\h_ \j_fymg_]hbh[_sZeihfhqvih^ukdZlv^hklhcgu_ZiZjlZf_glugZ\j_fyk_ahgZ klhebpmijb[uebiha^gbf\_q_jhfIml_r_kl\_ggbdbbafhlZggu_^he]hcbljm^ghc^hjh]hc [uebg_kdZaZgghjZ^uhqmlblvkygZdhg_p\]hkl_ijbbfghf^hf_EmdhfkdboIhke_kulgh]hm`bgZ �hddbm^ZebeZkv\kiZevgxhl\_^_ggmx_cbK_j`mIhebghlijZ\beZkv\k\hxg_[hevrmxgh mxlgmxdhfgZlmZK_j]_cbI_ljm_^bgbebkv\dZ[bg_l_^Z[uaZjZa]h\hjZfbijhimklblvih klZdZgqbdm[j_g^bb\udmjblvihkb]Zj_ K_j]_cg_ohl_eihk\ysZlvI_ljZ\k\hbijh[e_fughEmdhfkdbckZfkijhkbehlq_]h_]hfeZ^rZy k_kljZg_ijb_oZeZgZk_ahgkgbfbbl_i_jvK_j]_cjZa^mfu\Zeklhbleb]h\hjblvh[h\k_f^jm]m Iv_j[u\ZeiZjmjZa\DmavfbgdZoihijb]eZr_gbxK_j`Zbhlq_]hlhfZe_gvdZy^_\hqdZk h]jhfgufbq_jgufb]eZaZfb]em[hdhaZiZeZ_fm\^mrmDh]^ZDhr_e_\hlibkZe_fmqlhgZf_j_g \u\_klbIhebg\klhebqguck\_lIv_jih^mfZeqlhbXe_gvdZijb_^_lkgbfbbbkdj_gg_ h]hjqbekyg_m\b^_\__?cm`^he`gh[ulvk_fgZ^pZlvijbdb^u\ZehgbgZ\_jgydZhgZ ij_\jZlbeZkv\gZklhysmxdjZkZ\bpmBajZa^mfbc_]h\u\_ehl\_lK_j]_y @xebg_[eZ]h^ZjgZy^jygvk[_`ZeZba^hfmaZg_^_ex^hk\h_ck\Z^v[uaeh[jhkbehgMf_gy gZmqblvmfmjZamfm =eZaZDhr_e_\Zijbwlbokeh\Zoiheuogmebg_^h[jufh]g_f @xeb^he`gZ[ueZ\uclbaZfm`"jZahqZjh\ZgghkijhkbeIv_j K_j]_cdb\gme GZrkhk_^dg_cihk\ZlZekyGh^eyg__\b^_l_eb[ZjhgkdbclblmehdZaZekyg_^hklZlhqghohjhr Qlhlhyg_\b`m`_gboZaZf_lbeIv_jBebhgg_kh[bjZ_lkybkdZlvijhiZ\rmxg_\_klm" Dhr_e_\kdjb\beky Fg_ijbrehkvkdZaZlv[ZjhgmqlhyhlhkeZe__d^Zevg_cjh^g_Ydh[uaZ[he_eZfhyl_ldZb_c gm`gZdhfiZgvhgdZGhm`dh]^Zy__gZc^mhgZ]hjvdhih`Ze__lqlh\hh[s_ihy\beZkvgZk\_l Kwlbfbkeh\ZfbhgaZlmrbekb]Zjmbih^gyekykdj_keZ KihdhcghcghqbI_ljKl_iZgh\bq;eZ]h^ZjxaZhdZaZggh_]hkl_ijbbfkl\h IhebgZlh`_^mfZeZhk_klj_]^_lha^_kv\h]jhfghf]hjh^_hgZkh\_jr_gghh^gZh^bg_r_gvdZ M^Zehkveb_cgZclbijbklZgbs_"=hkih^b^Z`b\ZebhgZ_s_"\a^hogmeZ^_\mrdZGhqlhlh ih^kdZau\Zeh_cqlhXe_gvdZ`b\Zbhgbg_ij_f_gghm\b^ylky �GZmljhK_j]_c\f_kl_kI_ljhfih_oZekfhlj_lvgZc^_ggmxEmdh\kdbfd\ZjlbjmZhddbbIhebg hlijZ\bebkvihklhebqgufeZ\dZfH[_[uebijhklhihjZ`_gul_fbah[beb_flh\Zjh\qlh ij_^eZ]Zebklhebqgu_lhj]h\pu^ey^Zfkdh]hkqZklvyK_j`g_ihkdmibekyb\u^Ze^h\hevgh djmigmxkmffmgZjZkoh^uQZkZq_j_aq_luj_gZ]jmab\eZd_yk\_jldZfbbdhjh[dZfbkihdmidZfb Ihebgb?\^hdby\_jgmebkv^hfhckh\_jr_gghh[_kkbe_ggu_ghkqm\kl\hf]em[hdh]h m^h\e_l\hj_gby :oWlhnjZgpmakdh_djm`_\hHgh[m^_llZdbaukdZghkfhlj_lvkygZih^\_g_qghfieZlv_ �meu[gmeZkvhddbblml`_^h[Z\beZlhghfmfm^j_gghcfZljhguIhebgy^mfZxqlh\wlhf k_ahg_lug_ij_f_gghgZc^_rvk_[_fm`Zihwlhfmh[h\k_fgZ^h^mfZlvaZjZg__ Fh`_lg_klhbllZdki_rblv"jh[dh\hajZabeZIhebgZ HgZihdZ_s_g_^mfZeZhaZfm`_kl\_?cohl_ehkv\iheghcf_j_gZkeZ^blvkyi_j\ufbkdhj__ \k_]h_^bgkl\_ggufk_ahghf\klhebp_lZgp_\Zlvb\_k_eblvkyihqm\kl\h\Zlvk_[ydjZkb\hc �`_eZgghc[ulvij_^f_lhfqv_]hgb[m^v\hkobs_gbyblZcghckljZklbZjZa\_g_h[wlhff_qlZ_l ex[Zy^_\mrdZ^_\ylgZ^pZlbe_l" K_j`bIv_j\_jgmebkvd\_q_jm:iZjlZf_gluDhr_e_\mihgjZ\bebkvihwlhfmaZieZlb\aZljb �f_kypZ\i_j_^hgohl_em`_aZ\ljZi_j_[jZlvkylm^Z\f_kl_kk_fv_cDlhfm`_Ihebgmbhddb h`b^Ze\_kvfZijbylguckxjijbaEmdhfkdbc[ue[ebadhagZdhfk_]hkbyl_evkl\hf]jZnhf DZf_gkdbfbbf_gghk_]h^gy\klj_lbekykhklZjbgguf^jm]hfk_fvbZK_j`hdZaZekykemqZcguf k\b^_l_e_fwlhc\klj_qbEmdhfkdbcij_^klZ\bebo^jm]^jm]mbDZf_gkdbcmagZ\hp_eb\bablZ Dhr_e_\Z\klhebpmijb]eZkbebok_]h^gy`_\_q_jhfdk_[_?]hkmijm]ZmkljZb\ZeZ[Zeb :gZlhebcKl_iZgh\bqj_rbeihfhqvgh\hfmagZdhfhfm\_]h[eZ]hjh^guomklj_fe_gbyomkljhblv [m^ms__feZ^r_ck_klju DZd[ugbf_qlZeZIhebgh\uoh^_\klhebqguck\_lghi_j_^i_j\uf[Zehf^Z_s_\^hf_]jZnZ DZf_gkdh]hg_j\umg__jZau]jZebkvg_gZrmldmG_dhlhjufml_r_gb_ffh]ehkem`blvlhevdhlh ��qlhhddbhldZaZeZkv_oZlvgZ[ZekhkeZ\rbkvgZ`mldmxfb]j_gv\b^bfhhddb[hyeZkv[ZeZdm^Z [hevr_q_fhgZKb^yi_j_^a_jdZehfIhebgm`_]hlh\Z[ueZlh`_kdZaZlvky[hevghcbgbdm^Zg_ aZkl_]b\ZeZgZg_c`_fqm`gh_h`_j_ev_^hklZ\r__kyhlfZl_jbdh]^Z\dhfgZlmihklmqZ\\hr_e K_j]_c\\_q_jg_fdhklxf_ Lu]hlh\Z"meu[gmekyhgk_klj_ Ihebgih^gyeZ]eZaZgZ[jZlZK_j`[uehq_gvohjhr\q_jghf\_q_jg_fnjZd_b[_ehkg_`ghc jm[Zrd_bhgZih^mfZeZqlhgZ\_jgydZg_h^gh^_\bqv_k_j^p_aZ[v_lkyZ\hafh`ghb[m^_l jZa[blhijb\b^_wlh]hdjZkZ\pZ HgZih^gyeZkvkmeu[dhc]ey^ygZ[jZlZ Ylh]hlh\Zghfg_dZ`_lkyqlhymfjmhlkljZoZijyfhgZihjh]_^hfZDZf_gkdbo ImklydbPDERQQH fhyfbeZy\flZdhc`_[ZedZdb\ijh\bgpbbjZa\_qlh]hkl_cih[hevr_^Z lblmeuih\ur_jZkkf_yekyK_j]_cij_^eZ]Zy_ck\hxjmdm GhdZd[uIhebgZgbmkihdZb\ZeZk_[y\k_`_hdZaZeZkvg_]hlh\Zdlhfmqlhm\b^_eZlhqlh hldjuehkv__\a]ey^mgZihfbgZehijh\bgpbZevguc[ZejZa\_qlhgZa\Zgb_fIhdZhgZ\iheghc jZkl_jygghklb\p_ib\rbkv\jmdZ\njZdZK_j`ZhkfZljb\ZeZaZedgbfihki_rbeohaybghkh[gydZ �h[juc\_q_jK_j]_cEv\h\bqHq_gvhq_gvjZ^Zk\b^_lvmeu[gmekyhg0DGHPRLVHOOHu ijhklhhqZjh\Zl_evguih^g_kDZf_gkdbcd]m[Zflhgdb_iZevqbdbIhebg IhebgZbkdj_gg_meu[gmeZkv\hl\_l\dhgp_dhgph\bf_gghwlhfmfbehfmq_eh\_dmhgZh[yaZgZ ijb]eZr_gb_fgZi_j\uc\__`bagbklhebqguc[ZeH^gZdh]jZnbgyDZf_gkdZydh]^Z_c ij_^klZ\bebK_j`ZbIhebggZ]jZ^beZ[jZlZhke_ibl_evghcmeu[dhcbebrvkmohdb\gmeZ]heh\hc \hl\_lgZ__dgbdk_g G_mki_eZ^_\mrdZh]eygmlvkydZd__[ZevgZydZjlhqdZhdZaZeZkvaZiheg_gghc Y`_]h\hjbel_[_qlh\k_[m^_lohjhrhmeu[gmeky_cK_j]_c IhebgZohl_eZhl\_lblv[jZlmgh\^jm]mkeurZeZagZdhfuc]hehkbhklZgh\beZkvG_fh`_l[ulv K_j^_qdhaZqZklbeh\]jm^bDZd\hkg_Ihebgh[_jgmeZkvkZfhf^_e_wlhkhgby^he`gZ ijhkgmlvkyijhr_ilZeZhgZH^gZdh\hlhgdgyavR_oh\kdhckh[kl\_gghci_jkhghcZjy^hfk gbfhqZjh\Zl_evgZyrZl_gdZLhgdZyb]hehqdZj_\ghklb[hevgh\ibeZkv\k_j^p_LZd\hlihq_fmhg g_ibkZeijhq_fy\_^vlZdb^mfZeZ]jmklghmeu[gmeZkvIhebgZ IZ\_ehsmlbeq_clhijbklZevguc\a]ey^H[_jgm\rbkvhgf_evdhfhdbgme\a]ey^hfaZehlf_lb\ g_ih^Ze_dmdjZkb\mx[ehg^bgdmb\gh\vih\_jgmekyd:e_dkZg^j_bFbr_exk\hbfihklhygguf kimlgbdZf\ihke_^g__\j_fyGhh[jZa^_\mrdb\g_`gh]hem[hfieZlv_gbdZdg_\uoh^bemg_]hba �]heh\uIhebg\kihfgbehgbIhevklj_fbl_evghjZa\_jgmeky;h`__ckl\bl_evghPDGHPRLVHOOH Dhr_e_\ZBa\bgb\rbkvdgyavihki_rbeihijb\_lkl\h\Zlvk\hbokhk_^_c K_j`IhebgijZ\hdZdyjZ^\b^_lvZk\klhebp_meu[gmekyIZ\_eGbdheZ_\bqk\h_ckZfhc hqZjh\Zl_evghcmeu[dhc IhebgZhsmlbeZdZdk_j^p_ijhimklbehm^Zjdh]^Zbo\a]ey^u\klj_lbebkvAZb]jZeZ aZ`b]Zl_evgZyf_eh^byfZamjdbghhgZgbdZdg_fh]eZhlhj\Zlv\a]ey^ZhlebpZdgyayR_oh\kdhc himklbe]eZaZghihlhf\gh\v\a]eygme_c\ebph Km^Zjugyiha\hevl_ijb]eZkblvZk Ihebg_dZaZehkvqlhhgZaZ[ueZdZd^urZlvK_j`e_]hgvdhih^lhedgme__\kibgmbhgZhqgmeZkv hlk\h_]hgZ\Z`^_gby Km^h\hevkl\b_fmeu[gmeZkvhgZ\deZ^u\Zyk\hxeZ^hgv\_]hijhlygmlmxjmdm ;Ze\^hf_DZf_gkdboaZdhgqbehkvih^mljhIh^hjh]_dEmdhfkdbfIhebgZg_fh]eZk^_j`Zlv meu[dbe_]dhcl_gvxkdhevays_cih]m[ZfHgZbf_qlZlvhlZdhfg_kf_eZhklhj]kiehrghc \hklhj]G_kfhljygZmklZehklvkgZg_[uehgb\h^ghf]eZamZ\]jm^bjZaeb\Zehkvl_iehijb \hkihfbgZgbyoh[moh^ys_cghqbI_j_^]eZaZfb\k__s_\_jl_eZkvkmfZkr_^rZydZjmk_evdjZkhdb a\mdh\djm]h\_jlvg_agZdhfuoebpghba\k_owlboebpebrvh^bgq_eh\_dihgZklhys_fm \a\hegh\Ze__\hh[jZ`_gb_dgyavR_oh\kdhc Lh]^Z]h^gZaZ^dh]^Zhgg_gZibkZe_cihke_hlt_a^ZbaBevbgkdh]hbhgZihgyeZqlhIhevaZ[ue hg_clhgZreZ\k_[_kbeukfbjblvkykwlbfZihlhfm^Z`_bf_qlZlvg_kf_eZhlhfqlhkm^v[Z [m^_ldg_cklhev[eZ]hkdehggZbih^Zjblgh\mx\klj_qmkR_oh\kdbfHlg__g_mdjuehkvdZd K_j`_^\ZaZa\mqZeZf_eh^byfZamjdbk^_eZerZ]\klhjhgmbij_]jZ^beimlvfheh^hfmq_eh\_dm qv_bfy[ueh\ibkZgh\[ZevgmxdZjlhqdmgZijhlb\wlhcfZamjdbkjZam`_dZdlhevdhhgbk[jZlhf \hreb\aZeQm\kl\myg_eh\dhklvaZkemqb\r__kyIhebgihkeZeZ_fmba\bgyxsmxkymeu[dmgh `_eZgb_lZgp_\Zlvkl_fhdhf\a^uoZeZlZd^he]hhdhf]j_abeZ\hkg_bgZy\m[ukljhmkihdhbeh m]jua_gbykh\_klbHgZ[ueZ[eZ]h^ZjgZ[jZlmaZlhqlhhgba[Z\be__hlg_h[oh^bfhklbkZfhc h[tykgylvkykg_aZ^Zqeb\ufihdehggbdhfohlybij_djZkghihgbfZeZdZdb_kdjulu_fhlb\u ^\b]ZebbfgZk_cjZa IZ\_eGbdheZ_\bq[uekg_cklhevh[oh^bl_e_gqlh\_]hh[s_kl\_IhebghsmsZeZk_[y_kebg_ ijbgp_kkhcdjh\blhm`g_khfg_gghkZfhcdjZkb\hcb`_eZgghckj_^bijbkmlkl\mxsbo^ZfLZd ohl_ehkv\_jblvqlh_]hbgl_j_k\ua\ZgkbfiZlb_cdg_cZg_ijhklhc\_`eb\hklvxGhimklv^Z`_ wlhbijhklZy\_`eb\hklvr_ilZe\gmlj_ggbc]hehk]eZ\gh_qlhhgjy^hfbhgZfh`_l gZkeZ`^Zlvkyh[s_gb_fkgbfkfhlj_lv\_]h]eZaZbqblZlv\gbo\hkobs_gb_bjZ^hklv\klj_qb Ih`_eZ\[jZlmkihdhcghcghqb\\_klb[xe_IhebgZqbgghijhreZdk_[_\dhfgZlmgh_^\ZaZg_c aZdjueZkv^\_jvkiZevgbdZd\g_rgyy[eZ]hijbklhcghklvmklmibeZf_klh[_am^_j`ghfm\_k_evx HgZg_fh]eZ\kihfgblvdh]^Z_s__c[uehlZdohjhrhAZdjm`b\rbkvihdhfgZl_ih^a\mqZsmx\ ^mr_f_eh^bx\ZevkZhgZkf_ykvmiZeZgZdjh\Zlv:oIZ\_eGbdheZ_\bqu\hbklbgmkihkh[gu \kdjm`blvfg_]heh\mmeu[gmeZkvhgZk\hbffukeyfBm`_aZkuiZyhgZ[m^lhgZy\m\b^_eZ_]h meu[dm[e_kdk_juo]eZa_^\ZaZf_lgmxyfhqdmgZih^[hjh^d_bjh[dhgZ^_yeZkvqlhwlZ\klj_qZ g_[ueZihke_^g_c Ijhkgm\rbkv[eb`_dihem^gxIhebgZkgZkeZ`^_gb_fihlygmeZkvHllZgp_\\kxghqvgZijhe_l ]m^_ebgh]bghwlh[ueZklhevfba_jgZyieZlZaZbkiulZggh_m^h\hevkl\b_Ih^gy\rbkvhgZ ijblZgph\u\ZyijhreZkvihdhfgZl_dhdgmbhl^_jgm\ly`zemxihjlv_jm\imklbeZyjdbck\_l gh\h]h^gyu]eygm\\hdgh^_\mrdZaZf_jeZkha_jpZyrmfgmxkm_lmaZh]jZ^hchkh[gydZ I_l_j[mj]G_\hafh`ghg_\ex[blvky\wlhl]hjh^ki_j\h]h\a]ey^ZHgie_gy_lihdhjy_lb h^gZ`^uih[u\Z\a^_kv_]hm`_g_aZ[ulv\a^hogmeZIhebgZmibjZykve[hf\ijhoeZ^gh_kl_deh &#xki;&#xhf;&#xgb;&#xeZ;&#xkv;&#x;&#xq_;&#xjZ;&#xrg;&#xyy;&#xi;&#xjh;&#x]m;d;&#xZ;&#xk;kihfgbeZkv\q_jZrgyyijh]medZkhddbihmebpZfklhebpu?cijb\udr_cdlbrbg_b g_ki_rghklb`bagb\ijh\bgpbbdZaZehkvqlh\k_\hdjm]g__ij_[u\Z_l\g_ij_klZgghf^\b`_gbb BhgZdZdj_[_ghdjZ^h\ZeZkvlhfmqlhklZeZqZklvxwlh]h[hevrh]h]hjh^Zijboh^y\\hkobs_gb_ hlhsms_gbykhijbqZklghklbdklhebqghc`bagb H[_jgm\rbkvgZa\mdhldju\r_cky^\_jbhgZijb\_leb\hmeu[gmeZkv=eZnbj_dhlhjZyy\beZkv ^Z[uihfhqv[Zjurg_kmlj_ggbflmZe_lhf Hc=eZrZkqZkleb\hmeu[Zykv\a^hogmeZIhebgLuihfgbrv\ijhrehf]h^mdgZf\ DmavfbgdmdgyavR_oh\kdhcaZ_a`Ze" DZdg_ihfgblvlZdh]hdjZkZ\pZIhfgxdhg_qghhlha\ZeZkv=eZnbjZ\_rZymlj_gg__ieZlv_gZ kibgdmdj_keZ :y\q_jZgZ[Zem\b^_eZkvkIZ\ehfGbdheZ_\bq_fbfu^Z`_lZgp_\Zeb\gh\vaZdjm`beZkvih dhfgZl_Ihebg hghghqlhLhlhuk\_lbl_kv\kykgbkoh^bl_evghmeu[gmeZkv=eZrZbjZkijZ\b\kdeZ^dbgZ dj_fh\hfr_ed_ijbgyeZkvjZkq_ku\Zlvahehlbklu_ehdhgu[ZjurgbJZamf__lkyhgZihfgbeZ djZkZ\pZdgyayZdh]^ZhgaZ_oZe\DmavfbgdmihijhsZlvkykohay_\Zfb\k_kem`Zgdb\^hf_ohlv gZfbgmldm^Zih^[_]ZebdhdgZfih]eZa_lvgZ_]hkbyl_evkl\hHgZlh]^ZkijylZeZkvaZihjlv_jhc\ ]hklbghcqlh[ugbdlhg_^Zc;h]g_aZklZe__aZwlbfaZgylb_fbaZf_jeZhlkljZoZmkeurZ\qlh\ ]hklbgmxdlhlh\hr_eHklhjh`gh\u]eygm\baaZihjlv_ju=eZrZ_^\Zg_hogmeZm\b^_\m ^jm]h]hhdgZXe_gvdmijb`bfZyd]jm^blmkZfmxdgb`dmqlhih^Zjbe_cihdhcgucE_\ :e_dk__\bqhgZkfhlj_eZ\hdghgZkdehgb\r_]hkygZ^jmdhcIhebgudgyaybieZdZeZjZafZau\Zy eZ^hrdhcke_auihs_dZfBihlhfdZ`^ucjZam[bjZykv\dhfgZl_feZ^r_cPDGHPRLVHOOH Dhr_e_\hchgZ\b^_eZwlhlihlj_iZgguclhfbdih^i_jbghcbi_j_kl_eb\ihkl_evg_baf_ggh deZeZ_]hgZij_`g__f_klhhlbgl_j_kgh^mfZeZ=eZnbjZaZdjmqb\Zyahehlbklmxijy^vb \ludZyribevdmagZ_lebIhebgZEv\h\gZqlh__k_kljZlh`_\ex[e_gZ\dgyay"GmZ\ijhq_f dZdh__clh^_eh^hlh]h"M`imklvk_kljukZfbijhf_`k_[yj_rZxlZhgZihij_`g_fm[m^_l ^_j`ZlvjhlgZaZfd_lhfqlh_kebm`dgyavgZ^mfZ_lk\ZlZlvkylhba^\mok_kl_j\u[_j_l klZjrmxgbdZdbokhfg_gbcmg__g_[ueh k_h[blZl_ebhkh[gydZkh[jZebkvaZaZ\ljZdhf\fZehcklheh\hcEmdhfkdbc\b^ykbyxs__ebph Ihebgukbkdj_ggbfbgl_j_khfjZkkijZrb\Ze__h\_q_j_bhgZhohlgh^_ebeZkvkgbfk\hbfb �\i_qZle_gbyfbK_j`[ue^h\he_ggbqmlvg_f_gvr_k_kljublhevdhhddbkemrZy\hklhj`_gguc jZkkdZaaheh\db\k_[hevr_fjZqg_eZ^hkZ^mygZlZdg_dklZlbjZau]jZ\rmxky\_q_jhffb]j_gv HgZmki_eZijb\udgmlvdlhfmqlh\gbfZgb_K_j`ZijbgZ^e_`bl[_ajZa^_evgh_cihwlhfm k_]h^gyrgbcaZ\ljZd_cj_rbl_evghg_gjZ\bekyhgZ^\Z`^uihiulZeZkvih`Zeh\ZlvkygZiehoh_ kZfhqm\kl\b_ghg_m^hklhbeZkv\hl\_l^Z`_^_`mjgh]hkhqm\kl\bybl_i_jvkb^_eZaZklhehfkh �kljZ^Zevq_kdbf\b^hfBohlyfb]j_gvmg__ijhreZghmljhfhddbihqm\kl\h\ZeZqlh\q_jZ\h \j_fyklheviZfylgh]h\hy`ZihklhebqgufeZ\dZfmfm^jbeZkvih^o\Zlblvijhklm^m^Zlhevdhdhfm bgl_j_kgh\ukemrb\Zlv__`Zeh[u_kebIhebgkheh\v_fjZaeb\Z_lkyhqm^ghf\_q_j_mDZf_gkdbo" Ihke_aZ\ljZdZK_j]_cieZgbjh\Zei_j_[jZlvkygZd\Zjlbjmdhlhjmxhgkgye^eyk_fvbgZ\j_fy �k_ahgZZ\_q_jhfh[_sZeih\_klbk\hbo^Zf\l_ZljeyIhebgu[he__ijbylghci_jki_dlb\hc fh]eZ[ulvlhevdh\klj_qZkIZ\ehfGbdheZ_\bq_fGhm\u\k_wlhebrvf_qlu]jmklgh meu[gmeZkv^_\mrdZBohlyijhklbebkvihke_[ZeZhgbhq_gvl_iehdgyavg_\udZaZe^Z`_gZf_dZ gZ`_eZgb_m\b^_lvky\gh\v �:iZjlZf_glukgylu_K_j`_fbgZhddbbgZIhebgijhba\_ebg_ba]eZ^bfh_\i_qZle_gb_Kgy\ i_jqZldbbieZs^_\mrdZg_ki_rghijhreZkvihdhfgZlZfkjZ\gb\Zyh[klZgh\dmZj_g^h\Zgghc d\Zjlbjukbo^hfhfIhebgZhlf_lbeZqlhohlvbkh^_j`ZeZkvmkZ^v[Z\Dmavfbgd_\b^_Zevghf ihjy^d_h^gZdh`_b\iheh\bgmg_[ueZklhev`_jhkdhrghh[klZ\e_gZIhkeh\ZfmijZ\eyxs_]h k\h_ckh^_j`Zgdbghg_lZd^Z\ghPDGDPihemqbeZhlklZ\dmmk\h_]hihdjh\bl_eyb\ugm`^_gZ [ueZkt_oZlvihlhfmdZdkZfZieZlblvaZg__[ueZg_\khklhygbbH[hc^y\kxd\ZjlbjmIhebg aZklueZgZihjh]_h^ghcbakiZe_gJhkdhrvh[klZgh\db[ueZijyfhlZdb\Zj\Zjkdhcgh\i_j\mx hq_j_^v\a]ey^ijbly]b\Zehh]jhfgh_a_jdZeh\j_aghcjZf_Ihq_fmlh^_\mrd_ij_^klZ\behkvdZd g_\_^hfZy_cdjZkZ\bpZijb^bjqb\hjZa]ey^u\Z_lk\h_hljZ`_gb_\a_jdZe_f_^e_ggh ih\hjZqb\Zykv\djm]k_[ylhfqlhij_`gyyohaycdZZiZjlZf_glh\[ueZdjZkZ\bp_cmIhebgg_ [uehgbfZe_cr_]hkhfg_gby GjZ\blky"mkeurZeZhgZ]hehk[jZlZaZkibghc �ZaZ^mfqb\hijhlygmeZIhebgh[hjZqb\Zykvdg_fmHgZohl_eZ[ueh^h[Z\blvqlhihq_fmlh qm\kl\m_la^_kvk_[yg_mxlghghK_j`hi_j_^be__ Lh]^ZjZkiheZ]ZckyY=eZnbjmijbrex Ih`Z\ie_qZfbIhebg\u]eygmeZ\hdgh\uoh^ys__h\gmlj_ggbc^\hjbdb_s_jZah]ey^_eZkv �DhfgZlZdZddhfgZlZDZdh__c^_eh^hlh]hdlha^_kv`be^hg__"Zbhgbkm^yih\k_fmgZ^he]h lmlg_aZ^_j`Zlkylhevdh^hdhgpZk_ahgZ=hjZa^h[hevr___\hegh\Zeh^jm]h_dZdh_ieZlv_gZ^_lv gZ\_q_jg__ij_^klZ\e_gb_"AZ\kxk\hx`bagvIhebg[ueZ\l_Zlj_\k_]h^\ZjZaZ^Zblh\ dj_ihklghfihijb]eZr_gbxkhk_^_cI_j_[jZ\\f_kl_k=eZr_c\_kvk\hc]Zj^_jh[hgZhklZgh\beZ �\u[hjgZyjdhkbg_f[ZjoZlghfieZlv_khl^_edhcba[_ehkg_`gh]hdjm`_\Zhddb_oZlv\l_Zlj hldZaZeZkvkkueZykvgZiehoh_kZfhqm\kl\b_ghijbwlhfg_ij_fbgmeZijh^_fhgkljbjh\Zlvk\hx h[b^mgZlhqlh\_q_j_c\gh\vijb^_lkydhjhlZlv\h^bghq_kl\_ �DZdh[uqgh\^_gvij_fv_ju:e_dkZg^jbgkdbc[uei_j_iheg_gZ\Zebdhf_^bxOhehklydb ij_kus_ggZyklhebqgZyim[ebdZki_rbeZihjZ^h\Zlvk_[yq_flhgh\_gvdbfDlhfm`_\h^ghcba aZ]eZ\guojhe_c[ueaZy\e_gS_idbgg_khfg_ggucZdl_jkdbclZeZgldhlhjh]hm`_kgbkdZe_fm keZ\mg_lhevdh\Fhkd\_ghb\I_l_j[mj]_ Ihebg[ueZihjZ`_gZdhebq_kl\hfajbl_e_c;uehaZiheg_gh\k_hljhkdhrguoeh`^hiZjl_jZb ]Ze_jdbK_j`mm^ZehkvaZihemqblv[be_lu\iZjl_jq_fmhg[ueg_kdZaZgghjZ^ihlhfmdZd\k_ eh`b[uebjZkdmie_guaZjZg__ihZ[hg_f_glmF_klZdhlhju_bf^hklZebkv[uebjZkiheh`_gu lZdqlh\b^_lvfh`gh[uehlhevdhe_\ucdjZckp_gubkdhevdh[uIhebggb\uly]b\ZeZr_x �lhedhfjZkkfhlj_lvijhbkoh^ys___cg_m^Z\Zehkvhg_evayjZkkljh_ggZywlbfhgZijbgyeZkv jZkkfZljb\Zlvim[ebdmkh[jZ\rmxky\wlhl\_q_jgZij_^klZ\e_gb_Zih^gy\]eZaZlm^Z]^_ jZkiheZ]Zekyi_j\ucyjmkeh`\klj_lbeZkv\a]ey^hfkhagZdhfufbk_jufb]eZaZfbK_j^p_ imklbehkv\kdZqvs_dbh[^Zeh`Zjhfbg_kh\eZ^Z\k\heg_gb_f^_\mrdZ\_`eb\hdb\gm\gZ ijb\_lkl\b_R_oh\kdh]hihki_rbeZhl\_klb\a]ey^HgZ\gh\vihiulZeZkvkfhlj_lvgZkp_gmgh aZluedhfhsmsZeZ_]h\a]ey^Zihlhfm_jaZeZgZkb^_gbb^hkZfh]hZgljZdlZ AZf_lb\Dhr_e_\uoIhevih\_jgmekyd=hjqZdh\m FboZbe:e_dk__\bqug_[m^_l_\hajZ`Zlv_kebyijb]eZrm\Zrmeh`mk\hbo^jma_c"Y\q_jZ agZdhfbeZkwlhgZrbebi_pdb_khk_^b[jZlbk_kljZDhr_e_\u G_ij_f_gghijb]eZkbl_meu[gmekyFbr_ev0DGHPRLVHOOHIhebghqZjh\Zl_evgZby[m^m kqZkleb\ijh^he`blvagZdhfkl\h �h`^Z\rbkvZgljZdlZIhevkimklbeky\iZjl_jbgZoh^mjZkdeZgb\ZykvkhagZdhfufb\ubkdb\Ze ]eZaZfbyjdhkbg__ieZlv_?fm[uehijbylgh\gh\vm\b^_lvIhebgbR_oh\kdhc\kihfgbeqlh]h^ klhebpmbhdmgm\rbkv\ijb\uqgucdjm]h[s_gbyhgaZ[ueh[wlhf Ij_^eh`_gb_dgyayi_j_[jZlvky\eh`m[ueh\klj_q_ghk\hklhj]hfH^gZdhkgZqZehf^_ckl\by IhebgZihcfZeZk_[ygZlhfqlh_kebihgZqZemhgZg_ihgbfZeZihklZgh\dbihlhfmqlhgbq_]hg_ fh]eZjZa]ey^_lvgZkp_g_lhl_i_jvijhbkoh^ys__gZl_ZljZevguoih^fhkldZo__g_bgl_j_kh\Zeh bkdexqbl_evghihijbqbg_lh]hqlhIZ\_eGbdheZ_\bqjZkiheh`b\rbkvjy^hfkg_c ij_aZ[Z\g_crbfh[jZahfdhff_glbjh\Zeb]jmZdl_jh\Z^eyg__keurZlv_]h]hehkb\b^_lv h[jZs_ggmxdg_cmeu[dm[uehdm^Z\Z`g__q_f\gbfZlvb]j_Zdl_jh\ Xe_gvdZkijylZ\rbkvaZdmebkZfbg_hlju\ghkfhlj_eZgZkp_gmk_[ueh^eyg__\gh\_Zm` gZ[ex^ZlvaZb]jhcZdl_jh\k^jm]hcklhjhgubaaZdmebk[uehgbkq_fg_kjZ\gbfuf m^h\hevkl\b_faZe_lhb^_ehkeurZebkv\aju\ukf_oZ Baex[hiulkl\Z^_\mrdZ[jhkbeZ\a]ey^\ajbl_evgucaZe;h`_Kdhevdh`_ex^_cijbrehgZ ij_^klZ\e_gb_G_m`_ebhgZkfh`_l\hllZdijhklh\uclbbb]jZlvk\hxjhev"G_bgZq_hgZ jZkkm^dZebrbeZkvdh]^Zj_rbeZihklmiblv\Zdljbkua]ey^__kdhevabehlh^gh]hebpZd ^jm]hfmb\uo\Zlb\bai_kljhclheiuh^ghagZdhfh_Xeyihoheh^_eZK_j`Hga^_kvKlZeh [ulvhg\k_`_ijb\_aIhebg\klhebpmdZdh[_sZeGhdhevK_j]_ca^_kvagZqblbk_kljZ^he`gZ [ulvkgbfHlrZlgm\rbkvhlaZgZ\_kZXeyijbkehgbeZkvkibghcdkl_g_G_kdhevdhjZa]em[hdh \a^hogm\hgZ\gh\vjh[dhihkfhlj_eZgZjhkdhrgmxeh`mLZdb_klv_cg_ihdZaZehkvblhlqZk k_j^p_\gh\vmogmeh\gbadZd\ijhiZklvR_oh\kdhcbjy^hfkgbfIhebgZDZaZehkvqlhdgyavb __k_kljZgbq_]hbgbdh]hg_aZf_qZxl\hdjm]b\k_p_ehih]ehs_gu^jm]^jm]hfIhevIhebg \kihfgbeZhgZk\hxrmldmg_m`_ebkeh\Z__ijhjhq_kdbfbhdZaZebkv"IhiuldZ\a^hogmlviheghc ]jm^vxhlha\ZeZkvhkljhc[hevx\k_j^p_[m^lhklZevghch[jmqk^Z\be_]h;h`_[h`_aZqlhfg_ fmdZlZdZy"DZd`_fh`ghlZd"_^v\hag_gZ\b^_lv]hlh\Z_^bghdjh\gmxk_kljmk\hxh[f_jeZ Xeyghijb`Z\eZ^hgvd]m[Zf\k_kfhlj_eZbkfhlj_eZgZwlm^b\ghdjZkb\mxiZjmg_\kbeZo hl\_klv\a]ey^bij_djZlblvwlmiuldm AZdhgqbehkv^_ckl\b_bhimklbebaZgZ\_kKeh\ghhqgm\rbkvhlfhjhdZ^_\mrdZf_lgmeZkv\ klhjhgm]jbf_jguoghlml`_kjZa[_]mgZe_l_eZgZPDGHPRLVHOOHEZNhgl_cgWe_gihrZlgmeZkvgh gZgh]ZomklhyeZbkf_jb\\bgh\gbpmmgbqb`bl_evguf\a]ey^hfijhreZdkp_g_KjZam`_k ihy\e_gb_fwlhcijh\bgpbZevghc\ukdhqdbWe_gbglmblb\ghhsmlbeZqlh__kp_gbq_kdZya\_a^Z ijbfu:e_dkZg^jbgdbgZqZeZaZdZlu\ZlvkyHgZhq_gvohjhrhaZihfgbeZkeh\Z=_^_hgh\Z kdZaZggu__cihke_agZdhfkl\ZkPDGHPRLVHOOH;ukljbpdhc G_kfbjb\rbkvkl_fqlh__klhev[_kp_j_fhggufh[jZahfebrbebaZ]eZ\ghcjhebE_gZkjZam`_ ihke_lhcaehihemqghcj_i_lbpbbgZijZ\beZkvijyfh\dZ[bg_l:e_dkZg^jZFboZceh\bqZ=_^_hgh\ __\bablm[ueg_jZ^ij_djZkghihgbfZydZdmxp_evhgZij_ke_^m_ly\b\rbkv\ke_^aZgbf\_]h k\ylZyk\yluohq_fbg_ij_fbgme_ckhh[sblv ?e_gZE_hihev^h\gZq_]hl_[_]hem[mrdZ"g_^h\hevghihbgl_j_kh\Zekyhgm\b^_\__gZihjh]_ Zr_ij_\hkoh^bl_evkl\hgZqZeZE_gZfg_kh\_jr_gghg_ihgylghq_]hu^h[b\Z_l_kv hl^Z\Zy]eZ\gmxjhevgZqbgZxs_cZdl_jd_" Ihegh]hem[mrdZk_luohjhrhihgbfZ_rvgZofmjbeky:e_dkZg^jFboZceh\bqG_ih^\_^b luf_gy\klhevagZqbfucfhf_gljhev[ueZ[ul\hy" Zr_ij_\hkoh^bl_evkl\h]hehkE_gu^jh]gmebke_auihdZaZebkv\ij_djZkguo]hem[uo]eZaZo djh\hlhqbl" =_^_hgh\`_gkdboke_ag_i_j_ghkbeghkwlbfPDGHPRLVHOOHEZNhgl_cgaZ]h^umki_rghcdZjv_ju klhedgmlvkyg_^h\_ehkvZihlhfmlZdhc_]hj_ZdpbbhgZgbdZdg_h`b^ZeZ LZdml_[y]h\hjbrvjZgZ^mr_\gZydjh\hlhqbl:fg_l_i_jvqlh^Zlvr\_cpZjZfijbdZadgyay R_oh\kdh]hk]jZnhfJZ^abgkdbf\l_Zljg_^himkdZlvqlh[uhgbg_gZjhdhfl\hxjZgmg_ jZa[_j_^beb"Bebi_j_^ki_dlZde_fh[ty\eylvim[ebd_qlhPDGHPRLVHOOHEZNhgl_cgi_lvg_fh`_l ihijbqbg_^mr_\ghc[hebhljZkklZ\Zgbykdgya_fR_oh\kdbf"LuZdljbkZbfi_jZlhjkdh]hl_ZljZ bf_gydZdbajbl_e_cl\hb^mr_\gu_jZgufZeh\hegmxlQlhk^_eZghlhk^_eZghj_r_gbyy �k\h_]hg_i_j_f_gximklvgZi_j_^wlhl_[_gZmdhc[m^_lKlmiZc]hem[mrdZklmiZch\hevghfg_ a^_kvkujhklvjZa\h^blv:hjheyol\hboihke_ih]h\hjbfg_^hkm]fg_k_cqZk Ihl_jy]eZ\ghcjheb\gh\hcihklZgh\d_klZeZi_j\hc\q_j_^_g_ijbylghkl_cPDGHPRLVHOOHEZ Nhgl_cgG_ijhrehbf_kypZihke_jZaju\ZkIhe_fdZddg_cy\bekymijZ\eyxsbcbihijhkbe hk\h[h^blvaZgbfZ_fu_ZiZjlZf_glulZddZdkjhdZj_g^ubkl_dZaZijh^e_gb_\h\j_fymieZq_gh g_[uehIjb\udrZy\h\k_fiheZ]ZlvkygZR_oh\kdh]hWe_gjZkl_jyeZkvblmlgZ__kqZklv_ ih^\_jgmeky:jbklZjoIZ\eh\bqdhlhjucij_^eh`be_ck\hbmkem]bbihfh]kgylvhlghkbl_evgh g_^hjh]h_`bev_?_gh\Zyd\ZjlbjZ[ueZijbklhcghcghg_[he__lh]hKlhevhsmlbfZyi_j_f_gZ h[jZaZ`bagbg_fh]eZg_kdZaZlvkygZgZkljh_gbbijb\udr_cgb\q_fk_[_g_hldZau\Zlv PDGHPRLVHOOHEZNhgl_cg Ihke_jZkklZ\Zgbykdgya_f_cihklmiZebij_^eh`_gbyhij_^_e_ggh]hjh^ZghhgZ^Z`_fukebg_ ^himkdZeZhlhfqlh[ukh]eZkblvky?_\k__s_l_jaZeb\hkihfbgZgbyhlhfdZdwlh[uehkIhe_f JZa\_fh`ghaZ[ulvhlhfdZdijboh^beZ\k_[y\_]hh[tylvyoihke_i_j_`blh]hgZkeZ`^_gby dh]^Z^jh`vwdklZaZ_s_khljykZeZ\k_l_ehdZddZkZeZkvdhgqbdZfbiZevp_\_]hebpZkdehg_ggh]h gZ^g_caZ]ey^u\Zy\_]h]eZaZbaZf_qZy\gbohl]hehkdb__kh[kl\_gghckljZklb"LhevdhkgbfhgZ l_jyeZkZfh_k_[yjZkl\hjyykv\g_f[_ahklZldZFhcahehlhcdgyava\ZeZhgZ_]h\rmldm aZimkdZyjmdm\ahehlbklu_dm^jbbijhimkdZybof_`^miZevpZfbHgZ\k__s_ijhkuiZeZkvb aZkuiZeZkfukeyfbhg_fDZd`_kfh`_lhgZ[ulvk^jm]bf_keb^Z`_kZfZfukevh[wlhf[ueZ_c ijhlb\gZ" ^h\_jr_gb_dh\k_f__[_^Zf\q_jZ_chldZaZeZ\dj_^bl_fh^bkldZ?cijbf_:e_dkZg^jbgdb ^Z_s_ihkf_eZgZihfgblvh^hkboihjg_hieZq_gguoaZdZaZoWe_g[ueZ\yjhklbZy\b\rbkv ^hfhc\kZfhfgZbom^r_fgZkljh_gbbhgZaZklZeZih^^\_jyfbk\h_cd\Zjlbjdb:jbklZjoZ IhieZ\kdbcgbdh]^Zg_\uau\Zemg__gbq_]hdjhf_`Zehklb_cij_lbe_]hij_^Zggucs_gyqbc \a]ey^ihegucg_\ukdZaZgghclhkdbbh[h`ZgbyM\b^_lv_]h\klhevg_kqZkleb\uc^eyg__fhf_gl [uehihke_^g_cdZie_ci_j_ihegb\r_cqZrm__l_ji_gbyihwlhfm\hl\_lgZ_]hijbagZgb_\ bkiulu\Z_fuodg_cqm\kl\Zobij_^eh`_gb_ihfhqvmkljhblv__^_eZ\h[f_ggZ__ [eZ]hkdehgghklvWe_gjZkohohlZeZkvgZ^hq_\b^ghcg_e_ihklvxwlh]hij_^eh`_gbyHgZ^Z`_g_ aZf_lbeZdZdih[e_^g_e:jbklZjomkeurZ\__kf_oulbjZyke_au\ua\Zggu_[mcgufijbklmihf \_k_evyE_gZkgbkoh^bl_evghihoehiZeZ_]hi_jqZldZfbihie_qmbh[_sZeZih^mfZlvDZd`_ `Zehdhg\a^hogmeZhgZaZdju\Zy^\_jvi_j_^_]hghkhfGhklhbeh_chklZlvkygZ_^bg_kkh[hcb \_k_ev_kf_gbehkvf_eZgoheb_cKlhevj_adb_i_j_f_gugZkljh_gbyhl[mcgh]h\_k_evy^h \g_aZiguoke_a\ihke_^g__\j_fy[ueb^eyg__g_j_^dhklvxWlh:jbklZjolh`Zehd"djb\h =hkih^b^hq_]h`_y^hdZlbeZkv_keblZdb_dZdIhieZ\kdbcij_^eZ]Zxlfg_k\h_ ihdjh\bl_evkl\h"B^_eh[ueh^Z`_g_\[eZ]hkhklhygbbihfhsgbdZ=_^_hgh\Zdhlhjuc[m^mqb ijZ\hcjmdhc:e_dkZg^jZFboZceh\bqZbf_e^hklmiijZdlbq_kdbdh\k_fnbgZgkh\uf^_eZf ^bj_dpbbbfi_jZlhjkdbol_Zljh\Z\hlghr_gbbkZfhcE_gudg_fm:jbklZjoIZ\eh\bqohlvb `be\_kvfZkdjhfgh[_aij_l_gabcgZjhkdhrvh^gZdh`_keueq_eh\_dhfhlgx^vg_[_^gufb dhg_qghfh][uhdZau\Zlv_cfZl_jbZevgmxih^^_j`dmGhkh]eZkblvkyklZlvkh^_j`Zgdhc IhieZ\kdh]h"WlhagZqbeh[umjhgblvij_`^_\k_]hk_[y\]eZaZo^Z`_l_ZljZevghcljmiiug_ ]h\hjym`_hklhebqghfh[s_kl\_ ;ulvex[h\gbp_cdgyayR_oh\kdh]hwlhg_[ueh^eyg__aZahjgufFgh]b___lh\Zjdbih Zdl_jkdhfmj_f_kembkiulu\Zeb`]mqmxaZ\bklvdg_c?s_[uIhevfheh^ohjhrkh[hcbdlhfm `_gbdh]^Zg_kdmibekyhieZqb\Zyex[u___dZijbau:dlhlZdhcIhieZ\kdbc"?keb]^_lhdh]^Z lhihy\eyeZkv\hafh`ghklvba\e_qvdZdmxgbdZdmx\u]h^mhgg_[j_a]h\Zegbq_fg_rg_ ijbylgucbh[oh^bl_evguchgl_fg_f_g__fZehdhfm[ueihgjZ\mkdhj__gZh[hjhlG_[ueh\ g_f^hklhbgkl\Zqlheb?]hihklhyggh_klj_fe_gb_m]h^blv\ukrbfqbgZffZg_jZe_[_ablvb aZbkdb\Zlvi_j_^ex[ufdlhbf_eohlvdZdhclh\_k\h[s_kl\_\uau\ZeZmg__ebrv`Zehklvb ij_aj_gb_ AZ^mfZ\rbkvh[wlhfWe_g_^\Zg_ijha_\ZeZk\hc\uoh^gh\ihke_^gxxfbgmlmkmeu[dhc rZ]gmeZgZkp_gm=eZaZ__ijb\uqghkdhevagmebihebpZfajbl_e_cbebrvgZfb]aZ^_j`ZebkvgZ ohjhrh_cba\_klghceh`_\i_j\hfyjmk_E_gZk^_eZggufjZ\gh^mrb_fhl\_jgmeZkvkh[jZeZ\kx hklZ\rmxky\hex\dmeZdb\hlm`_i_j_^ajbl_eyfbij_^klZeZg_PDGHPRLVHOOHEZNhgl_cgZ ijhklZyjmkkdZy^_\mrdZkbjhlZFZjbyZkbev_\gZ;_eh\ZB\k_`_b]jZyjhevWe_gihgbfZeZ qlhi_j_b]ju\Z_lhgZgZklhevdhmib\ZeZkvkh[kl\_ggufkljZ^Zgb_f]ey^ygZhqZjh\Zl_evgmx [ehg^bgdmjy^hfkR_oh\kdbfqlh\deZ^u\ZeZ\k\h_]hi_jkhgZ`Zdm^Z[hevr_kljZklbq_flh gm`gh[ueh^eybkiheg_gbyghgbq_]hg_fh]eZkkh[hcih^_eZlvBke_au__[uebhlgx^vg_gZ ihdZahgZieZdZeZihgZklhys_fmhllh]hqlh__^mrZ[he_eZbkljZ^ZeZdZ`^ucfb]ijh\_^_gguc gZkp_g_i_j_^gbf GhWe_gg_[ueZ[uijbfhc_keb[ug_^hb]jZeZk\hxjhevbg_\ureZ[uihlhfhke_ibl_evgh meu[Zykv\f_kl_kh\k_cljmiihcgZihdehgdajbl_exImklvk_j^p_h[eb\Zehkvdjh\vxghh[wlhf agZeZlhevdhhgZkZfZGZm`bgihkemqZxij_fv_juhgZb^lbhldZaZeZkvj_rb\qlhgZk_]h^gyk g__^h\hevghbkiulZgbc?^bgkl\_ggh_q_]h[u_cohl_ehkvwlh[uklj__hdZaZlvky^hfZb^Zlv \hexk\h_fm]hjxlZf]^_gbdlhwlh]hg_m\b^blI_j_h^_\rbkv\]jbf_jd_E_gZ\ureZ\dhjb^hj gZijZ\eyykvdq_jghfm\uoh^mbaa^ZgbyHklZgh\b\rbkvgZklmi_gyoPDGHPRLVHOOHEZNhgl_cg ]hjvdhmkf_ogmeZkv\[ueu_\j_f_gZ__ihaZ^bl_ZljZh`b^ZejhkdhrgucwdbiZ`R_oh\kdboZ gug_`^_l:jbklZjokgZ_fgufba\haqbdhfIhieZ\kdbcij_^eh`beih^\_alb__dZdhg\ujZabeky ihkhk_^kdbihlhfmdZdd\ZjlbjZ_]hgZoh^beZkvwlZ`hf\ur_gug_rg_]h`bevyWe_gbhgZg_ klZeZhldZau\Zlvkyhl_]hij_^eh`_gby GZijZ\eyykv\l_ZljgZk_]h^gyrgxxij_fv_jmR_oh\kdbciblZegZ^_`^m\gh\vm\b^_lv PDGHPRLVHOOH;ukljbpdmxHljZ^gh[uehlhqlhbFbr_exm^ZqZihdZlh`_lZdbg_meu[gmeZkv ;e_kgm\dZdf_l_hjgZ\_q_j_mJZ^abgkdbo:ggZdZdkd\hava_fexijh\ZebeZkvMIhey\hagbdeZ [uehfukevh[jZlblvkyd=_^hgh\m^Z[uihiulZlvkymg_]hmagZlvhf_klhgZoh`^_gbbxghc ex[h\gbpmIZ\_edZdwlhgbkljZgghh`b^ZeohlvdZdh]hlhgZf_dZgZ__[ueu_qm\kl\Zdg_fmgh E_gZ\kyhl^Z\ZeZkvjhebJZ\gh^mrguc\a]ey^dhlhjufhgZhdbgmeZ_]hhklZ\beg_ijbylguc hkZ^hd\^mr_Imklv[ueZykljZklvhklZeZkv\ijhrehfghhgihke_klhev[mjgh]hjZkklZ\Zgby gbdZdg_h`b^ZeqlhWe_glZd[ukljhhoeZ^__ldg_fmKlZjZykvjZa\e_qv[_k_^hcIhebg R_oh\kdbc\k_`_\gbfZl_evghke_^beaZijhbkoh^ysbfgZkp_g_ 0DGHPRLVHOOHEZNhgl_cgb]jZeZk\hxjhev[e_klys_\ijhq_fdZdb\k_]^Z\uau\Zy\hkobs_gguc jhihlkj_^bajbl_e_cHl\e_drbkvebrvgZf]gh\_gb_IhevdjZ_f]eZaZmki_eaZf_lblv f_evdgm\r__aZdmebkZfb[e_^gh_ebphG_m`_eb:ggZ"K_j^p_aZ[behkvly`_eufblheqdZfb\gh\v i_j_^]eZaZfbij_^klZeZhgZlZdhcdZdhc[ueZ\^hf_JZ^abgkdboh^hiZ^[e_klysboq_jguo ehdhgh\ihmadhcbaysghckibg_h]jhfgu_]eZaZfZgysb_]m[uaZ]Z^hqgZymeu[dZR_oh\kdhc hsmlbedZdmlbogm\rbc[uehbgl_j_kijhkgmeky\gh\vDlhfm`_[ueh_s_wlh^mjZpdh_iZjbk Fbr_e_fZm`k;mcgufhgjZkklZ\Zlvky[ueg_gZf_j_gihwlhfm^Z`_jZ^bwlh]hklhbeh ihiulZlvky^h[blvky[eZ]hkdehgghklbPDGHPRLVHOOH;ukljbpdhcGhqlh_]hlZdfZgbeh\g_c";ueZ \g_cdZdZylhaZ]Z^dZlZcgZb_fmhlqZygghohl_ehkvjZa]Z^Zlv__:_s_[hevr_ohl_ehkv\dmkblv keZ^hklvimoeuo]m[aZ]eygmlv\__]eZaZ\lhlfhf_gldh]^ZhgZhdZ`_lkyih^gbfk]hjZyhl kljZklblhfqlh:ggZgZlmjZkljZklgZybkihkh[gZhl\_lblvgZ_]hqm\kl\Zkg_f_gvrbfiuehf Ihev[uem\_j_gKljm^hf^h`^Z\rbkvhdhgqZgbyki_dlZdeyhgijh\h^beIhebgbK_j`Z^h wdbiZ`Zb\ujZab\gZ^_`^mgZkdhjmx\klj_qm\_jgmeky\:e_dkZg^jbgdmR_oh\kdhcgZijZ\beky ijyfhd=_^_hgh\m?]hmagZ\Zebbkm^b\e_gb_fkfhlj_eb\ke_^G_m`_ebdgyavj_rbe\hah[gh\blv hlghr_gbykij_djZkghcPDGHPRLVHOOHEZNhgl_cg":e_dkZg^jFboZceh\bq\klj_lbe_]hdZd klZjh]h^jm]Zkdhlhjufg_\b^_ekyihf_gvr_cf_j_e_lklhb\ukemrZ\_]hijhkv[mlhevdh_^\Z aZf_lghmeu[gmeky G_^mfZxZr_kbyl_evkl\hqlh\wlhljZaZfm^Zklkyh^_j`Zlve_]dmxih[_^mijhbag_khg hkhagZ\ZyqlhnjZahcwlhclhevdhih^h]j_ebgl_j_kdgyay L_f^hjh`_[m^_lijbamkf_ogmekyIhev =_^_hgh\\ayekhklheZdhehdhevqbdbiha\hgbe\ua\Z\eZd_y =hem[qbdijb]eZkbPDGHPRLVHOOH;ukljbpdmxdhfg_jZkihjy^bekyhg :e_dkZg^jFboZceh\bqagZeqlhhgZ_s_g_mreZb^he`gZ[ulv]^_lh\a^Zgbbl_ZljZlZddZd_s_ i_j_^ki_dlZde_fihh[_sZeih^\_alb__^hfhc Gmqlh`IZ\_eGbdheZ_\bqyg_[m^mZff_rZlvI_j_]h\hjuZfij_^klhyl\_kvfZ ^_ebdZlgh]hk\hckl\Zihwlhfmym^ZeyxkvihijhsZeky=_^_hgh\hklZ\eyydgyay\k\h_fdZ[bg_l_ bhl[u\ZygZm`bgihkemqZxij_fv_ju XeykZfZihijhkbeZjZaj_r_gbyihkfhlj_lvihklZgh\dmbaaZdmebkqlh[ubf_lvij_^klZ\e_gb_h lhfqlhagZqblb]jZ^eyajbl_eyM\b^_\[jZlZhgZmki_eZbbkim]ZlvkybjZkkljhblvkyI_l_j[mj] h]jhfguc]hjh^bfh`ghe_]dhaZl_jylvky\g_fghg_lh]^Zdh]^Zij_^klhbl\uoh^blvgZkp_gmb [ulvm\k_ogZ\b^mBihq_fmwlhjZgvr_g_ijbreh_c\]heh\m"HgZ^himkdZeZfukevqlh\ l_ZljZevghf]jbf___[m^_lg_lZdlhijhklhmagZlvgh\k_`_lZdZy\_jhylghklvkms_kl\h\ZeZ Ij_[u\Zy\kfyl_gguoqm\kl\ZohgZihfh]ZeZ?ebaZ\_l_:g^j__\g_jZa\_rb\ZlvgZf_klh l_ZljZevgu_dhklxfuIjhkv[Z=_^_hgh\Zijbclb\_]hdZ[bg_lXexg_m^b\beZ\_jhylgh :e_dkZg^jFboZceh\bqkh[bjZekym`_m_a`Zlvbal_ZljZb\_e_eihlhjhiblv__ HklZgh\b\rbkvih^^\_jvxhgZg_j_rbl_evghihklmqZeZbg_mkeurZ\hl\_lZhklhjh`gh lhedgmeZfZkkb\gmxkl\hjdmdZ[bg_l_^bj_dlhjZbfi_jZlhjkdbol_Zljh\pZjbeihemfjZdihqlb lZdhc`_dZd\dhjb^hj_Kibghcdg_chdhehhdgZklhye\ukhdbcfm`qbgZbwlhy\gh[ueg_ =_^_hgh\bg_:jbklZjoIZ\eh\bq Ijhklbl_h[jZlbeZkvhgZdg_fmfg_kdZaZebqlh:e_dkZg^jFboZceh\bqjZaukdb\Z_lf_gy �R_oh\kdhch[_jgmeky_\mrdZ\kdjhfghfl_fghk_jhfieZlv_klm]haZie_l_gghcdhkhc[hevr_ gZihfbgZeZ\hkiblZggbpmKfhevgh]hq_fZdljbkmIh__]eZaZfIhevm\b^_eqlh:ggZmagZeZ_]h bi_j\uf__ihju\hf[uehk[_`Zlvihwlhfmdgyav\g_kdhevdhrZ]h\i_j_k_ddhfgZlmbhdZaZeky jy^hfkg_cAZijhdbgm\]heh\mXeyihkfhlj_eZijyfh\_]h]eZaZ hlm`g_h`b^ZeZm\b^_lvZka^_kvZr_kbyl_evkl\hf_^e_gghijhbag_keZhgZhlklmiZygZ rZ]bmibjZykvkibghx\^\_jb :ggZg_m`_ebyZkq_flhgZim]Ze"m^b\e_gghkijhkbehg HgZ[ueZihoh`ZgZaZ]gZggmxeZgv\]eZaZo__ie_kdZekykljZob_s_dZdh_lhg_ihgylgh__fm qm\kl\h Iha\hevl_kijhkblvqlhu^_eZ_l_a^_kvb]^_:e_dkZg^jFboZceh\bq"gZjmrbeZhgZ aZlygm\r__kyfheqZgb_ :e_dkZg^jFboZceh\bqm_oZemeu[gmekyR_oh\kdhc DZdm_oZe"ijhr_ilZeZhgZ Y\k_]hebrvohl_eih]h\hjblvkZfbgZqZejZa^jZ`ZlvkyIhevbihijhkbe_]hijb]eZkblv ZkijhreucjZaulZdklj_fbl_evghbkq_aebk\_q_jZmJZ^abgkdbo Hq_fuohlbl_ih]h\hjblv"k^ZeZkvXeymdjZ^dhcjZkkfZljb\Zy_]hbaih^j_kgbp G_m`_ebg_^h]Z^Zebkv_s_"\kdbgme[jh\vIZ\_eGmohjhrhijh^he`behg\b^yqlhhgZ fheqblbg_kh[bjZ_lkyh[e_]qblv_fmaZ^Zqm:ggZuihdhjbebf_gyki_j\h]h\a]ey^Zbfh_ ij_[u\Zgb_a^_kvebrvih^l\_j`^_gb_fhbfkeh\Zf �R_oh\kdhckljm^hfih^[bjZekeh\Zjm]ZygZ__f_kl_m`_^Z\gh[uihgyeZqlhhgohq_lkdZaZlv _cgh:ggZfheqZeZbdZaZehkvq_]hlh`^ZeZhlg_]h=h\hjblvijyfhhlhfqlhij_^eZ]Z_l_c klZlv_]hkh^_j`Zgdhchgg_fh]yaudg_ih\hjZqb\Zeky;h]fhc\a]ey^lZdhcgZim]Zgguc[m^lh g_\bggZy^_\bpZg_^hmf_\Zehg uohlbl_qlh[uyklZeZZr_cex[h\gbp_c"djZkg_yijhr_ilZeZhgZ Ihev\u^hogmekh[e_]q_gb_f Ihq_fm[ubg_lfy]dhhl\_lbehg XeyhljbpZl_evghihdZqZeZ]heh\hc G_lkm^Zjv Ghihq_fm"Y`_\b`mqlhgjZ\exkvZfijhr_ilZeR_oh\kdhc^_eZy_s_h^bgrZ]dg_c Ihlhfmqlhyg_klZgmgbZr_cex[h\gbp_cgbqv_ceb[h_s_Wlh]j_ohimklbeZhgZ]eZaZ =j_oex[blv"mkf_ogmekyIhev Lhhq_fu]h\hjbl_g_ex[h\viZjbjh\ZeZhgZWlhihohlvZwlhg_h^ghblh`_ Bqlh`_ihZr_fmex[h\v"mkf_ogmekydgyav__gZb\ghklb �hfk_fvy^_lbih^gyeZhgZ]eZaZG_`gZymeu[dZdhkgmeZkv__]m[Lhqlhu^Zlvfg_g_ kfh`_l_Z^jm]h]hfg_g_gm`gh Zdljbkhc"Ijh`blv\I_l_j[mj]_gZ`Zeh\Zgv_Zdljbkug_\hafh`gh :yihijh[mxhkf_e_\hlj_aZeZhgZ IZ\_eg_fh]ih\_jbllhfmqlhkeurbl_fmdgyaxR_oh\kdhfmhldZaZeZdZdZylhgZqbgZxsZy ZdljbkZGhhlwlh]h`_eZgb_^h[blvky__jZkiheh`_gbykehfblv__ih^qbgblvk\h_c\he_lhevdh mkbebehkvHgg_klZegZklZb\ZlvihgbfZyqlh\u[jZeg_\_jgmxlZdlbdmIjyfhcjZa]h\hjgbq_]h g_^Zegh_klvfgh]h^jm]bokihkh[h\_fmebg_agZlvh[wlhfDZdZy`_gsbgZmklhbli_j_^ rbjhdbfb`_klZfbbdjZkb\ufbj_qZfb"Wlh\k_]hebrv^_eh\j_f_gbmkihdhbehgk_[yGh\hl �\j_f_gbmg_]hdZdjZabg_lhdhgpZk_ahgZhg^he`_geb[hihemqblv__\k\hxihkl_eveb[h jZkklZlvkyk\_jguf[h_\uflh\Zjbs_f;mcgufOhly_keb\_jblvm\_j_gbyfxghcij_e_klgbpu Fbr_eyihoh`_`^_llZdhc`_oheh^gucijb_fQlh`l_fbgl_j_kg_cmeu[gmekyhgk\hbf fukeyf Km^Zjugyiha\hevl_ohly[uijh\h^blvZk^hfhcjZam`ihfh_c\bg_uhklZebkv[_a ijh\h`Zlh]h\ay\__aZjmdmih^g_khgd]m[Zflhgdb_baysgu_iZevpu ?^\Z]m[u_]hdhkgmebkvluevghcklhjhgu__eZ^hgbXex[m^lhh[h`]ehjmdZaZ^jh`ZeZ\_]h rbjhdhceZ^hgbR_oh\kdbc[_ahrb[hqghmagZewlme_]dmx^jh`v\ua\Zggmx_]hijbdhkgh\_gb_f :\_^vfZeurdZkh\k_fg_lZdjZ\gh^mrgZdg_fmdZdohq_lihdZaZlvmofuevgmekyhg]ey^y\__ ]eZaZ KiZkb[hykZfZ I_j_klZgvl_YZkg_ljhgmi_j_[behg__ ;eZ]h^ZjxZr_kbyl_evkl\haZibgZykvhl\_lbeZhgZgZim]ZggZywlhc\g_aZighc\kiurdhc jZa^jZ`_gby ay\ba__jmdieZsR_oh\kdhcgZdbgme_]hgZom^_gvdb_ie_qbijbwlhf_]heZ^hgbdhkgmebkv__ jmde_]dbfih]eZ`b\Zxsbf^\b`_gb_fXeyaZj^_eZkvhlwlhcg_`^ZgghceZkdbbhlkljZgbeZkvhl g_]hlhjhieb\haZ\yau\Zye_gluih^ih^[hjh^dhfDZaZehkvqlhdjh\v[uklj__ih[_`ZeZih`beZf _c\^jm]aZohl_ehkvijbevgmlvd_]h]jm^bmdjulvky\dj_idboh[tylvyo^h\_jblvky_fm Gmqlhiehoh]h\lhfqlhhgij_^eh`be"kijhkbeZhgZkZfmk_[yMg__[m^_lihdjh\bl_ev ]hlh\uc\aylvgZk_[y\k___aZ[hluG_llhlqZkh^_jgmeZhgZk_[yIjhklb=hkih^bjZ[ml\hx :ggm\kihfgbeky_clbobcr_ihlEZjbku:nZgZkv_\gu_^vhgZl_i_jv:ggZXex[m^lh h[h`]ehH[jZlgh]himlbg_[m^_lZjZghbebiha^ghhgij_kulblky_xbhgZhklZg_lkyh^gZ[_a kj_^kl\[_aj_imlZpbb^hl_oihjihdZ\__`bagbg_ihy\blkyke_^mxsbc Ih\jZsZ\rbkv\kj_^_Zdl_jh\bZdljbkhgZmki_eZgZkemrZlvkyg_fZehbklhjbchlhfqlhZdljbku qZkl_gvdhf_gyxlh^gh]hihdjh\bl_eygZ^jm]h]hHgZm`_agZeZhijhrehck\yabdgyayR_oh\kdh]h kijbfhc:e_dkZg^jbgdbPDGHPRLVHOOHEZNhgl_cgh[wlhfg_]h\hjbejZa\_qlhg_fhcAZgylv f_klhWe_gb]Z^ZlvdZd[ukljhm]Zkg_l_]hbgl_j_kdg_c"JZa\_^eywlh]hhgZk[_`ZeZba �Dmavfbgdb"ZhgZf_qlZeZm\b^_lvkykgbfghdZd`_hgZ[ueZgZb\gZ\k\hbo^_\bqvbof_qlZo IhgZqZemgZ\_q_j_mJZ^abgkdbo_cihevklbe_]hbgl_j_kghl_i_jvihgbfZeZqlh]emih[ueh h`b^Zlvhlg_]hq_]hlh[hevr_]hq_flhevdhqlhihklmib\r__ij_^eh`_gb_ Dlhfm`_mqblu\ZylhqlhhgZ\b^_eZk_]h^gyklhyaZdmebkZfbdgyavg_jZ\gh^mr_gdIhebgQlh _kebhgj_rblgZg_c`_gblvky"k`Zehkvk_j^p_IhlhfmdZdhgmeu[Zekyk_]h^gy__k_klj_ �fh`gh[uehih^mfZlvqlhlZdh_\iheg_\hafh`ghHgZg_i_j_`b\_lwlh]hZ`_k_cqZk_c[hevgh Hgbkk_kljhck_cqZkhdZaZebkvihjZagu_klhjhguAZIhebg[m^mlmoZ`b\Zlv^h[b\Zlvky__ \gbfZgbyb\blh]_k^_eZxl_cij_^eh`_gb_klZlv`_ghcZg_kh^_j`Zgdhc?c`_kh]eZkbkvhgZgZ ij_^eh`_gb_dgyaym]hlh\ZgZbgZymqZklvG_ldZd[ugbohl_ehkv[ulvjy^hfkgbfG_lb_s_ jZag_lHgih]m[bl__i_j_rZ]g_lq_j_a__qm\kl\Zklhbl_fmhoeZ^_lvdg_cbmc^_lg_ h]eygm\rbkvaZ[m^_lgZ\k_]^Z\uq_jdg_lbaiZfylbba`bagb:_cg_hklZg_lkygbq_]hdjhf_ jZa[blh]hk_j^pZm]jua_gbckh\_klbbkh`Ze_gbc BajZa^mfbc__\u\_e\hijhkdgyay :ggZkZfb\k_\ihjy^d_" �Z^Z\k_ohjhrhIjhklbl_yaZ^mfZeZkvhlha\ZeZkvhgZ G_kijZrb\ZyIhev\aye__ih^jmdmbih\_ed\uoh^mbal_ZljZ GZklmi_gyoIZ\eZGbdheZ_\bqZhklZgh\belhlkZfucfheh^hcq_eh\_dqlh[ue\f_kl_kgbfgZ \_q_j_mJZ^abgkdbo Ijbylgh]h\_q_jZmeu[gmekyhgm]hedhf]m[[jhkb\R_oh\kdhfmfgh]hagZqbl_evguc\a]ey^ Fbr_evih^haj_\ZeqlhIhevk_]h^gyhlijZ\bekykgbf\l_ZljlhevdhihlhfmqlhjZkkqblu\Ze gZclb:ggmbkm^yih\k_fm_fmih\_aehOhly\b^m^_\bpu[uelZdhc[m^lhhgZih^gbfZ_lkygZ wrZnhlZg_ki_rbljZa^_eblv\hklhj]biehlkdhcex[\bk[m^msbfex[h\gbdhf Bl_[_PRQDPLbl_[_lZd`_fgh]hagZqbl_evghmkf_ogmeky\hl\_lIZ\_eGbdheZ_\bq Ihfh]Zy:gg_kZ^blky\wdbiZ`IZ\_eke_]dZk`Ze__eZ^hgv\k\h_cjmd_q_faZjZ[hlZeiheguc g_]h^h\Zgby\a]ey^ uh[_sZebZr_kbyl_evkl\hijhrbi_eZhgZ\u^_j]b\Zyk\hxjmdm Yihfgxmeu[gmekyIhev ;h`_dZdZy`_hgZdhexqZyhldb^u\ZykvgZkibgdmkb^_gby\a^hogmedgyavH^ghohjhrh l_i_jvlh_fmba\_klgh]^_hgZ`b\_l Xeyiha\hebeZR_oh\kdhfmijh\h^blv__^hiZjZ^gh]hHklZgh\b\rbkvhgZih^gyeZ]heh\mqlh[u ihkfhlj_lv_fm\ebph �h[jhcghqbZr_kbyl_evkl\hg_kf_ehmeu[gmeZkvhgZ �h[jhcghqbPRQDQJHr_igmeIhevbg_h`b^Zgghh[o\Zlb\__aZlZebxijb`Zeky]m[Zfbd__ ]m[Zf �_\mrdZmi_jeZkveZ^hrdZfb_fm\]jm^vgh__khijhlb\e_gb_keZ[_ehkdZ`^uf\a^hohfWlh [uehlZd\hkoblbl_evgh]heh\Zdjm`beZkv[m^lhhgZivygZJZkkf_y\rbkvdgyav\uimklbe__ba k\hboh[tylbcbfZogm\gZijhsZgb_jmdhcgZijZ\bekydk\h_fmwdbiZ`m �h\klj_qb:ggZY[m^m^mfZlvhZkdjbdgmehgklhym`_gZih^gh`d_wdbiZ`Z =eZ\Z XeyklhyeZgZklmi_gvdZok\h_]h^hfZ]ey^y\ke_^m^Zeyxs_fmwdbiZ`mijb`Z\dhgqbdbiZevp_\d k\hbf]hjysbf]m[ZfHgZ\k__s_hsmsZeZ\dmk_]hihp_emybwlhqm\kl\hk\h^behkmfZ?_ gbdh]^Z_s_g_p_eh\ZebghhgZ^Z`_ij_^klZ\blvk_[_g_fh]eZqlhp_eh\Zlvfh`gh\hllZdDZd lhevdhdgyavhsmlbeqlhhgZi_j_klZeZ_]hhllZedb\Zlvb__eZ^hrdbkdhevagmebgZ_]hie_qb yjhklgucgZlbkd_]h]m[kf_gbekyg_`ghcqm\kl\_gghceZkdhckihfbgZydZdevgmeZdg_fm[m^lh ]b[dZyb\ZgZ\_ljm^_\mrdZkfms_gghhimklbeZ]eZaZYjdZydjZkdZklu^ZaZebeZs_dbbr_x ;h`__^vhgZdZdkZfZygZklhysZyjZkimlgbpZijb`ZeZkvdg_fm\k_fl_ehfih^klZ\eyy]m[u_]h =hj_klgh\a^hogm\hgZ\hreZ\iZjZ^gh_bklZeZf_^e_gghih^gbfZlvkyihe_klgbp_G_m`_ebbhgZ lZdZy`_dZd__fZlv"Xeybklh\hi_j_dj_klbeZkv=hkih^bkiZkbbkhojZgbGZklZ\vf_gygZimlv bklbggucg_^Zc\iZklv\]j_o[em^ZbjZkimlkl\Z Ghqvx_ckgbebkv[_kihdhcgu_imlZgu_kguHgZlhb^_ehijhkuiZeZkvhllh]hqlh\k_l_eh ]hj_ehg_ykgu_h[jZaubakgh\b^_gbclj_\h`beb^mrmdZdh_lhkljZggh_lhfe_gb_\]jm^b kdh\u\ZehgZijy`_gb_fdZ`^mxfurpmI_j_\_jgm\rbkvgZ`b\hlXey_^\Zg_aZklhgZeZ\]hehk ;h`_qlh`_wlh"QlhaZgZiZklv"IZfylv\gh\vb\gh\v\ha\jZsZeZ__dihp_emxR_oh\kdh]hhgZ [m^lhgZy\mqm\kl\h\ZeZdZd_]hke_]dZhljhkrZyaZ^_gvs_lbgZpZjZiZ_lg_`gmxdh`m__s_dgh _c[uehijbylghwlhijbdhkgh\_gb_Ih^gy\rbkvkihkl_ebhgZmfueZkvoheh^ghc\h^hcb aZdmlZ\rbkv\rZevdmie_ggmxgZgZdZgmg_gZihemq_ggh_`Zeh\Zgv_aZ[jZeZkvkgh]ZfbgZ ih^hdhggbdijb`Z\rbkviueZxsbfe[hfdoheh^ghfmkl_demLy`dbc\a^ho\uj\Zekyba]jm^b k___fukeb[uebkgbfHgjZa[m^be\g_cqlhlhqlh^j_fZeh^hk_cihjubl_i_jvwlhqm\kl\h fmqbeh__g_^Z\Zyihdhybhl^uoZDZd`_ohl_ehkvdhkgmlvky_]hijh\_klbeZ^hgvxihs_d_ aZimlZlvkyiZevpZfb\fy]dboahehlbkluodm^jyo bgh\gbdm__[_kihdhckl\Zlh`_g_kiZehkvwlhcghqvxHgbkZfg_fh]ihgylvihq_fmihp_emc gZb\ghcg_p_eh\Zgghc^_\qhgdb[_j_^bl_fm^mrmZm`\lhfqlh^eyg__wlhlihp_emc[ue i_j\ufhgg_khfg_\Zekygb_^bgh]hf]gh\_gbyQlh[uhl\e_qvkyhlfuke_ch[:ggbIhev aZ^mfZekyh^jm]hck\h_cijh[e_f_Hl_p_^\Zebg_dZ`^uc^_gvgZqbgZek\hijhkZhihfhe\d_Z ihke_hldjh\_ggh]hjZa]h\hjZk:e_dkJZ^abgkdhcdh]^ZhgZ\_kvfZg_^\mkfuke_ggh^ZeZihgylv _fmqlhg_]hjbl`_eZgb_fklZlvdgy]bg_cR_oh\kdhcbhl\_lbeZkh]eZkb_flhevdhih^^Z\e_gb_f jh^bl_eyhgihgyeqlhijhklhg_fh`_lihclbgZwlhI_j_[bjZy\iZfylbkh[ulbymr_^r_]h \_q_jZIZ\_e^mfZehIhebg_0DGHPRLVHOOHDhr_e_\Zb\kZfhf^_e_hqZjh\Zl_evgZb_kebhg\k_ �`_^he`_g\u[jZlvk_[_g_\_klmlhihq_fm[ug_k^_eZlvij_^eh`_gb__c"Z:e_dkJZ^abgkdZy [_akhfg_gby\h\k_ohlghr_gbyoij_\hkoh^gZyiZjlbygh\g_chgijb\ud\b^_lvij_`^_\k_]h ^jm]Zbp_gbe__aZijyfhlmbhldjh\_gghklvlh]^ZdZdIhebg[m^beZ\g_fkh\k_fbgu_qm\kl\Zb `_eZgbyH]eZr_gbyihfhe\db_s_g_khklhyehkvlZdqlh_kebhg\^jm]i_j_f_gblk\h_j_r_gb_ gbdZdh]hms_j[Zj_imlZpbbPDGHPRLVHOOHJZ^abgkdhcwlhg_gZg_k_lZkZfZ:e_dkZg^jZ[m^_llhevdh jZ^Zwlhfm jh^_mIhebg[ueZfeZ^rZyk_kljZg_h`b^Zgghih^mfZehkv_fmHg\kihfgbeqlh^Z`_gZibkZe _cqlhlhgZijhsZgb_gZlblmevghfebkl_dZdhclhdgb]bghkdhevdhgbkbebekygbdZdg_fh] ijbihfgblv__ebpZqlhhklZehkv\_]hiZfylbg_ykgufjZkieu\qZlufiylghfAZlhg_h`b^Zggh yjdhi_j_^_]hfuke_gguf\ahjhf\kiuogmeh[jZa:gguAZlmfZg_ggu_kljZklvxl_fgu_]eZaZqmlv ijbhldjulu_\eZ`gu_]m[uMqZklbehkv^uoZgb_R_oh\kdhckhklhghfhldbgmekygZih^mrdm Ihbklbg_hgZ[m^beZ\g_fijbfblb\gh_`_eZgb_h[eZ^Zlvk`Zlv\h[tylvyoih^fylvih^k_[y k^_eZlvk\h_cDZdboljm^h\_fmklhbehjZa`Zlvjmdbk_]h^gy\_q_jhfbhlimklblv__dh]^ZhgZm`_ ihqlbk^ZeZkvih^gZlbkdhfkljZklbBohlyhghkhagZ\Zeqlhd_]h`_eZgbxijbf_rb\Z_lky mya\e_ggh_kZfhex[b_bklj_fe_gb_^hdZaZlvb_cbk_[_qlhhg\k_]^ZihemqZ_l`_eZ_fh_[ueh _s_g_qlhqlhlhklhevlhgdh_bwn_f_jgh_q_fmhgg_fh]ih^h[jZlvgZa\Zgby Ijhkgm\rbkvihmljmg_\kZfhfemqr_fgZkljh_gbbIhevkimklbekydaZ\ljZdmIjbkZ`b\ZykvaZ klhegZijhlb\GbdheZyFZl\__\bqZhgofmjhdb\gme\hl\_lgZ_]hijb\_lkl\b_ G_\ukiZeky[mjdgmeIZ\_eih^gbfZy]eZaZhllZj_edb DgyavGbdheZc\gbfZl_evghihkfhlj_egZkugZbhlklZ\be\klhjhgmqZrdmkg_^hiblufdhn_ q_jZhg\gh\vijh\_e\_q_j\dhfiZgbbBevbK_j]__\bqZJZ^abgkdh]hb_]hhqZjh\Zl_evghc^hq_jb H`b^ZehkvqlhbIZ\_eijbkh_^bgblkydgbfghkugij_^ihq_ebgmxdhfiZgbx KdZ`bdZfg_PRQFKHU^he]hlu_s_kh[bjZ_rvkylygmlvkh]eZr_gb_fihfhe\db"g_^h\hevgh ihbgl_j_kh\Zekyhg Ihevkly`_euf\a^hohfhldbgmekygZkibgdmklmeZ Hl_phl\_lvl_q_klghgZfhc\hijhkuohlbl_\b^_lvf_gy`_gZlufgZ:e_dkbeb`_gZluf \hh[s_" QlhaZ\a^hjIZ\_eGbdheZ_\bq"KZr_gvdZm`_^ZeZkh]eZkb_klZlvl\h_c`_ghc\ahj\Zeky GbdheZcFZl\__\bq �ZhgZ^ZeZkh]eZkb_ih^qbgb\rbkv\he_BevbK_j]__\bqZYbf_eijb\ZlgucjZa]h\hjk :e_dkZg^jhcBevbgbqghckihdhcghhl\_lbeIZ\_ebfukg_cijbrebdkh]eZr_gbxqlhh[Zg_ `_eZ_fk\yau\Zlvk_[ymaZfbwlh]h[jZdZ =emihklbhlfZogmekyGbdheZcFZl\__\bqM`g_wlZebZdl_jdZkdhlhjhcluimlZ_rvky\k_fm ijbqbghc" Y^Z\ghjZkklZekykPDGHPRLVHOOHEZNhgl_cghl_pM^b\bl_evghqlh^hZk_s_g_^hrebkemob mkf_ogmekyIZ\_eY`_g_kdZaZeqlhkh\k_fg_kh[bjZxkvgbdh]h\_klbih^\_g_p :qlhml_[y_klv^jm]ZydZg^b^ZlmjZ"aZbgl_j_kh\Zgh[e_kgmebk\_leu_]eZaZR_oh\kdh]h klZjr_]h uihfgbl_gZrbokhk_^_c\Ebi_pdhfm_a^_"meu[gmekyIhev WlhdZdbo`_"ijbsmjbekyGbdheZcFZl\__\bq Dhr_e_\uohl\_lbeIZ\_e DZd`_dZd`_aZ^mfqb\hijhlygmeR_oh\kdhcklZjrbcE_\:e_dk__\bqbEZjbkZ :nZgZkv_\gZ_kebfg_g_baf_gy_liZfylv E_\:e_dk__\bqmf_jiylve_lgZaZ^bbf_gb_\DmavfbgdZohlhreh_]hkugmK_j]_xaZf_lbe IhevIhfbfhkugZmDhr_e_\Z[ueh^\_^hq_jb BdhlhjZybagboijb\e_deZl\h_\gbfZgb_" KlZjrZyIhebgZHgbk[jZlhfgugq_\klhebp_b\q_jZy\b^_ekykgbfb\l_Zlj_ Ijbkeh\_l_ZljGbdheZcFZl\__\bqihfhjsbeky GmlZdijb]eZkbbodgZfhl\_lbehgIhkfhljbfqlhbak_[yij_^klZ\ey_ll\hyaZagh[Z AgZqblug_\hajZ`Z_l_"meu[gmekyIZ\_e Y`_kdZaZeihkfhljbfjZa^jZ`_gghaZf_lbedgyavGbdheZc GhIZ\em[ueh^hklZlhqghbwlh]hHg[uem\_j_gqlhIhebgZijhba\_^_lgZ_]hhlpZ [eZ]hijbylgh_\i_qZle_gb_b\hijhkkhk\Zlh\kl\hfj_rblky\[eb`Zcr__\j_fy Ihke_aZ\ljZdZR_oh\kdhckimklbeky\hjZg`_j_xIh`behckZ^h\gbdmeu[gmekyba^ZebaZ\b^_\ dgyay P\_luZr_kbyl_evkl\h" IZ\_eh[\_e]eZaZfbp\_lhqgh_pZjkl\ha]ey^_]hgZldgmekygZ[_ehkg_`gucjhah\ucdmkl hgl_fZogmehgjmdhc Kf_gyKhnvy:g^j_\gZrdmjmkimklbl FZf_gvdZ^Ze_dhZya^_kvgZofmjbekyR_oh\kdhc DZdkdZ`_l_Zr_kbyl_evkl\hDm^Z^hklZ\blvijbdZ`_l_"hk\_^hfbekyB]gZlvbq M]heKZ^h\hcb=hjhoh\hchlha\ZekyR_oh\kdhc^eyPDGHPRLVHOOH:ggu;ukljbpdhc Ijhc^y\dZ[bg_lIZ\_e^hklZek\hxdZjlhqdmbgZibkZegZh[hjhl_g_kdhevdhkeh\4X\nRQVH UHYHUUDPRQDQJH Fu_s_\klj_lbfkyfhcZg]_e\f Hl^Z\ZydZjlhqdmeZd_xdgyavaZ^mfZekyq_jZhglZdki_rbem\b^_lvkyk:gghcqlhkh\_jr_ggh aZ[uekijhkblvmK_j`Z]^_hgbhklZgh\bebkvFh`gh[ueh[uihkeZlvp\_lubIhebgghhgm\u g_agZedm^ZI_j_[bjZy\iZfylb\k_fhf_glubok\b^ZgbcR_oh\kdhc\kihfgbeqlhgZ\_q_j_m DZf_gkdboK_j`bIhebgZ[ueb\h[s_kl\_Emdhfkdh]hKI_ljhfKl_iZgh\bq_fhgg_[ueagZdhf ebqghgh\uykgblv]^_ijh`b\Z_lihke_^gbcljm^Z_fmg_khklZ\bl ;_kkhggZyghqv^eyXebg_ijhreZ^ZjhfQm\kl\myk_[ykh\_jr_gghjZa[blhcbg_\ukiZ\r_cky hgZhlijZ\beZkv\l_ZljgZj_i_lbpbxFukebhdgya_R_oh\kdhfg_\uoh^bebba]heh\uHgZkgh\Z bkgh\Z\ha\jZsZeZkvdbojZa]h\hjmDZdlZdkemqbehkvqlhhgg_magZe__"g_^hmf_\ZeZhgZ ijhq_fihjZafure_gbxhl\_lklZehq_\b^_g\DmavfbgdZohgZg_ijhba\_eZgZg_]hgbdZdh]h \i_qZle_gbybihlhfmhgaZ[uehg_cdZdlhevdh\u_oZeaZ\hjhlZmkZ^v[u GZj_i_lbpbbhgZkihludZeZkvgZdZ`^hfkeh\_q_fg_jZa\ua\ZeZg_^h\hevgmx]jbfZkmgZebp_ AZ]hkdbgZDh]^Z`_ihklZgh\sbdgZdhg_pk^ZekybjZkimklbeljmiimXeyj_rbeZijhclbkv^h ^hfmi_rdhfIhimlbhgZaZreZ\eZ\dmkh[bjZykvdmiblviZjmi_jqZlhdl_qlh[uebmg__ ihj\ZebkvlZdqlhihqbgd_m`_g_ih^e_`Zebu[bjZyhdhehijbeZ\dZiZjmih^_r_\e_Xey bkiulZeZkljZggh_hsms_gb_[m^lhdlhlh\_kvfZijbklZevghkfhljblgZg__Ih^gy\]heh\mhgZ �\klj_lbeZkv\a]ey^hfk]jZnbg_cJZ^abgkdhc_\mrdZohjhrhaZihfgbeZ:e_dkZg^jmklh]h\_q_jZ dh]^Zkhklhyeky__^_[xl:e_dkkfms_gghmeu[gmeZkvbgZijZ\beZkvijyfhdg_c Ijhklbl_;h]ZjZ^bfg_fh_ex[hiulkl\hgZqZeZhgZghu\_^v:ggZ"YijZ\Z" Xeydb\gmeZ\k__s_g_ihgbfZyqlhgm`gh]jZnbg_hl__kdjhfghci_jkhgu :ggZfh]myijb]eZkblvZkgZqZr_qdmdhn_"mdZaZeZhgZgZdhn_cgxgZijhlb\eZ\db Fg_ijZ\hg_eh\dhhl\_lbeZXeyfukZfbkh\k_fg_agZdhfu Imklydbmeu[gmeZkvKZrZ:ggZufg_gjZ\bl_kvhq_gvYijhklhohqmih]h\hjblvkZfb Ih`Z\ie_qZfbXeyjZkieZlbeZkvaZi_jqZldbb\ureZ\ke_^aZJZ^abgkdhcMkljhb\rbkvaZ klhebdhfgZijhlb\:e_dkZg^juhgZih^gyeZgZg__\hijhkbl_evguc\a]ey^ �Z`_g_agZxdZdgZqZlvaZebeZkvjmfygp_f:e_dkuihfgbl_lhl\_q_jdh]^Zui_ebmgZk" Hq_gvohjhrhmeu[gmeZkvXeyWlh[uefhc^_[xl AgZqbl^he`guihfgblvblh]hq_eh\_dZkdhlhjuflZgp_\Zeb\Zevk" �ZXeyqmlvg_ijh]h\hjbeZkvqlhdgyavR_oh\kdhcbf__lbf_gb_ihkhk_^kl\mkbomkZ^v[hc Ihfgx Yohqmij_^hkl_j_qvZkJZ^abgkdZyhimklbeZ]eZaZihf_rb\Zy\qZrd_k_j_[jyghceh`_qdhc g_ljhgmlucdhn_Yihqlbm\_j_gZqlhdgyavR_oh\kdhcbdgyav=hjqZdh\gZqgmlhdZau\ZlvZf agZdb\gbfZgbykfmlbeZkvhgZ Wlhiehoh"mkf_ogmeZkvXey :e_dkZg^jZ\kiuogmeZ \a^hogmeZhgZIhevaZdexqbeiZjbkdgya_f=hjqZdh\ufbij_^f_lhfwlh]hiZjby\ey_l_kvu :\q_fkh[kl\_gghkhklhblwlhiZjb"oheh^_ykijhkbeZXey IhevbFbr_evihkihjbebhlhfdlhbagboi_j\uf^h[v_lkyZr_c[eZ]hkdehgghklb XeyihqlbmjhgbeZgZklheqZrdmkdhn_jZkie_kdZ\__kh^_j`bfh_gZ[_ehkg_`gmxkdZl_jlv AZdju\^jh`ZsbfbjmdZfbebphhgZkm^hjh`gh\a^hogmeZ;hevj_aZgmeZihk_j^pm;h`_DZdh\u f_jaZ\pu_^vhgZ\q_jZ_^\Zg_ih\_jbeZ\bkdj_gghklv_]hqm\kl\Z\k_hdZau\Z_lkygZklhevdh f_jadh DZdgbadh\u^Z\beZhgZbak_[y Ijhklbl_Yg_ohl_eZZkh]hjqblvqmlvkeurghijhbag_keZJZ^abgkdZy KiZkb[hZf :e_dkZg^jZfh`gh:e_dkih^kdZaZeZKZrZ ?s_jZa[eZ]h^ZjxqlhjZkdjuebfg_]eZaZgZbokbyl_evkl\ZIjhklbl_ghfg_gm`ghb^lb �Zdhg_qghyihgbfZxhlha\ZeZkv:e_dkZg^jZ ;eZ]h^Zjxkm^Zjugy Xeyih^gyeZkvbaaZklheZbg_]ey^yihklhjhgZf\ureZbadhn_cgbHgZ[j_eZihfhklh\hcg_ aZf_qZygbdh]hbgbq_]h]hjvdb_ke_auaZklbeZeb]eZaZdZlbebkvihs_dZfIjhoh`b_ h[hjZqb\Zebkv\ke_^kljZgghc[Zjurg_ghhgZg_h[jZsZeZgZgbo\gbfZgby;h`_dZdhc`_ gZb\ghcb]emihchgZhdZaZeZkvKq_]hhgZj_rbeZqlhkfh]eZm\e_qv_]h"k_wlhijhklh^mjZpdh_ iZjbbgbq_]h[he__ Lhedgm\^\_jv\iZjZ^gh_Xey\hreZ\gmljvbijbkehgbeZkvkibghcdkl_g_@bagvjZahfihl_jyeZ \k_djZkdbK_cqZkhgZq_klghfh]eZijbagZlvkykZfhck_[_qlhbf_gghg_hkhagZggh_`_eZgb_ m\b^_lvkykR_oh\kdbfklZeh^eyg__hij_^_eyxsbfijb\u[hj_f_klZgh\h]hijbklZgbsZihke_ ih[_]ZbaDmavfbghdBdq_fm__wlhijb\_eh";he__]hjvdbfjZahqZjh\Zgb_f[uehlhevdhj_r_gb_ K_j`Z\u^Zlv__aZfm`aZQ_lbobgZF_evdgmeZljmkeb\Zyfukevk^ZlvkygZfbehklv[jZlZb kh]eZkblvkykm]hlh\Zgghc_ckm^v[hcDq_fm_cl_i_jvkhijhlb\eylvky_kebk_j^p_jZa[blh_keb lhlddhfmklj_fbeZkv\k_c^mrhcgZ^_ykvg_ba\_klghgZqlh\k_]hebrvaZdexqbeiZjbZhgZkZfZ klZeZijbahf\jhau]jur_^\mokdmqZxsboZjbklhdjZlh\"Ghlhevdhij_^klZ\b\[ZjhgZjy^hfk kh[hchgkh^jh]gmeZkvGmm`g_lg_^eylh]hhgZl_ji_eZ\k_ebr_gbybly]hlukZfhklhyl_evghc `bagb\klhebp_qlh[uklZlv`_ghcwlh]h\_ebdh\hajZklgh]hrmlZ WlZfukevkeh\ghijb^ZeZ_ckbeHllhedgm\rbkvhlkl_guhgZgZijZ\beZkvde_klgbp_ Ih^gy\rbkv\k\hxd\Zjlbjdm@xebkgyeZieZsbdZihjbg_mki_eZhgZ\uclbbaijboh`_cdZd\ �^\_jv]jhfdhihklmqZeb_\mrdZ\a^jh]gmeZIh^hc^yd^\_jbhgZijbkemrZeZkv DlhlZf"lbohkijhkbeZhgZ 0DGHPRLVHOOH;ukljbpdZy"ihbgl_j_kh\ZebkvaZ^\_jvx a^hogm\XeyhldjueZI_j_^g_cij_^klZefheh^hcq_eh\_dk[hevrbf[md_lhf[_ehkg_`guojha Y:ggZ;ukljbpdZy]ey^ygZg_]hhl\_lbeZhgZ Km^ZjugyZfijhkbebi_j_^Zlv jmqb\_c[md_lihkuevgucihki_rbem^Zeblvky H[h`^bl_hdebdgmeZgZ_]hDlhijhkbei_j_^Zlv" DZjlhqdZ\[md_l_PDGHPRLVHOOHkmeu[dhch[_jgmekyxghrZ dZjlhqdm4X\nRQVHUHYHUUDPRQDQJHIhev :\hlwlh\jy^ebZr_kbyl_evkl\hijh[hjfhlZeZhgZk_[_ih^ghk I_j\hcfukevx[ueh\udbgmlvp\_lughijh\_^ydhgqbdhfiZevpZihg_`gufe_i_kldZfXey ihgyeZqlhg_kfh`_lihklmiblvklhev\Zj\ZjkdbklZdhcdjZkhlhcGZc^yaZiuezggmx\Zam ^_\mrdZh[l_jeZ__\eZ`ghcljyidhcbaZq_jigm\ba\_^jZ\h^uihklZ\beZgZklheHimklb\p\_lu \\h^mhgZ]jmklghmeu[gmeZkvH^gZdh`_dgyav\j_f_gb^Zjhfg_l_jy_lJ_rbeqlhkfh`_l dmiblv__jZkiheh`_gb_djZkb\ufb`_klZfbG_\uc^_lmkf_ogmeZkvhgZfg_\k_ijhZk ba\_klghhlgug_IZ\_eGbdheZ_\bq \r\r\r I_j_[bjZy\iZfylbh[sboagZdhfuoR_oh\kdhc\kihfgbe]^__s_hg\b^_eEmdhfkdh]h;h]fhc gmdhg_qgh`_meu[gmekyhgBf_ggh\^hf_=hjqZdh\uohg_]hb\b^_eKlZeh[ulvFbr_evk I_ljhfKl_iZgh\bq_f^he`_g[ulvohjhrhagZdhfJ_rb\gZ\_klblvklZjbggh]hijbyl_eyIZ\_eg_ klZehldeZ^u\Zlv\babld=hjqZdh\ufFbr_ev[ue^hfZIhdZR_oh\kdhch`b^Ze_]h\]hklbghc FboZbe:e_dk__\bqi_j_kqblZebf_xsmxkymg_]hgZebqghklvay\lheklmxiZqdmZkkb]gZpbc =hjqZdh\ihki_rbedh`b^Z\r_fm_fmIhex �_gv^h[jucIZ\_eGbdheZ_\bqiha^hjh\Zekyhg\oh^y\]hklbgmxBa\hevl_ihemqblv iheh`behggZklhebdi_j_^gbf^_gv]b Fbr_evPRQDPLhq_flu" GmdZd`_L\hc\ub]jurjZamf__lkymkf_ogmeky=hjqZdh\ IjZ\hjZgh\ZlhihdZ_s_h\ub]jur_]h\hjblvgZofmjbekyR_oh\kdhc KlZeh[ulvhgZl_[_hldZaZeZ"jZkkf_yekyFbr_evG_m`_ebmf_gy_s__klvrZgk" R_oh\kdhcijhfheqZe\hl\_lLhevdhij_^klZ\b\k_[_qlhFboZbemmeu[g_lkym^ZqZlZf]^_hg ihl_ji_eihjZ`_gb_IZ\_ehsmlbeqlhg_dh_kljZggh_qm\kl\h^hwlh]h_fmg_\_^hfh_klbkgmeh ]jm^v Yg_aZwlbfijbr_eihklZjZekyhgm\_klbjZa]h\hj\^jm]h_jmkeh Hl=hjqZdh\Zg_mdjuebkvgbaehklvijhf_evdgm\rZy\k_juo]eZaZogbgZofmj_ggu_[jh\bgb klZev\]hehk_?]hebph\ulygmehkvhlm^b\e_gby �ZlugbdZdj_\gm_rvPRQDPL"ijhlygmehg Kq_]hlu\aye"hlfZogmekyIhevJ_\gh\Zlvdh]h"Wlmi_\bqdm"Iheghl_[_Luemqr_kdZ`b fg_luagZdhfkEmdhfkdbfb" Fbr_evdb\gme AZq_fhgbl_[_ihgZ^h[bebkv"ihbgl_j_kh\Zeky=hjqZdh\ b^brvebPRQFKHU_klvmf_gyhkgh\ZgbyiheZ]ZlvqlhDhr_e_\uhklZgh\bebkvmgboihijb_^m \klhebpm Kh[bjZ_rvkygZg_klb\bablIhebg"meu[gmekyFbr_evQlh`hq_gvohjhrhl_[yihgbfZx ijZ\h^_\bpZohjhrZ G_lhevdh\bablihkfhlj_e\]eZaZ=hjqZdh\ZIZ\_e ;h`_IZ\_eGbdheZ_\bqg_m`_ebk\ZlZlvkygZ^mfZeb"bjhgbqghmeu[gmekyFboZbe:dZd`_ :e_dk" :lhug_agZ_l_FboZbe:e_dk__\bqdZd:e_dkZg^jZhlghkblkydgZr_fmkg_c\hafh`ghfm :g]ebckdZyGZ[_j_`gZy^hfkhjhdljbmkf_ogmeky=hjqZdh\Yklh[hcih_^mMf_gydZdjZa ^_eh_klvdI_ljmKl_iZgh\bqm Ih^hjh]_d^hfmEmdhfkdboFbr_ev\gh\vaZ\_ejZa]h\hjh[:gg_ Fh`_ljZkkdZ`_rvq_f^_ehdhgqbehkv"gZkf_reb\hihbgl_j_kh\Zekyhg �Zgbq_fih`Zeie_qZfbIhevYhl\_aPDGHPRLVHOOH;ukljbpdmx^hfhcbfujZkklZebkvm iZjZ^gh]h B]^_`_ijh`b\Z_lgh\Zya\_a^Z:e_dkZg^jbgdb" M]he=hjhoh\hcbKZ^h\hcg_ohlyhl\_lbeR_oh\kdhc I_ljKl_iZgh\bq\bablhfdgyayR_oh\kdh]h[uehq_gvm^b\e_ggh\b^mg_ih^ZeMagZ\hp_eb_]h \bablZEmdhfkdbcaZ]Z^hqghmeu[gmeky Y^mfZxZr_kbyl_evkl\hZ^j_kk_cZfohjhrhba\_kl_g Qlhlhyg_kh\k_fihgbfZxZk GmdZd`_iZjmf_kyp_\gZaZ^ukZfbhieZqb\ZebwlbZiZjlZf_gluhl\_lbehgjZa\h^yjmdZfb Ihbklbg_`bagvgZrZihegZkxjijbah\jZkkf_yekyIZ\_eKiZkb[hqlhkhh[sbeb]^_bkdZlv Dhr_e_\uo bablmR_oh\kdh]hIhebgZh[jZ^h\ZeZkvdZdj_[zghdHgZbihfukeblvg_fh]eZhlhfqlhdgyav klZg_ljZaukdb\Zlv__\klhebp_Zm`ijb]eZr_gb_\^hfR_oh\kdbo^eyk_f_ckl\ZDhre_\uo[ueh \hh[s_ih^h[gh]jhfmkj_^bykgh]hg_[ZK_j]_cijhsZykvkIZ\ehfGbdheZ_\bq_fk_j^_qgh ih[eZ]h^Zjbe_]haZklhevijbylguckxjijbaIjh\h^b\dgyayK_j`\_jgmeky\]hklbgmxdk_klj_b kmijm]_ Gmkkm^Zjugbmeu[gmekyhgijbkZ`b\ZykvgZkhnmdZ`_lkydgyavhqZjh\ZggZr_cIhebg IheghK_j`Hgwlhba\_`eb\hklbiZjbjh\ZeZk_kljZ �DZd`_ba\_`eb\hklbhgl_[yih\k_fmI_l_j[mj]mjZaukdb\ZejZkkf_yekyK_j]_cZb ijb]eZr_gb_G_bgZq_dZdaZ^mfZel_[yGbdheZxFZl\__\bqmij_^klZ\blvZklZeh[ulv^_ehd k\Zlh\kl\mb^_l �hddbmeu[gmeZkv Hckdhj__[um`_LZdohq_lky\_jgmlvky^hfhcG_mxlghfg_a^_kvih`Zeh\ZeZkvhgZkmijm]m =hjh^lZdhc[hevrhcex^_c\g_fqlhfmjZ\v_\\fmjZ\_cgbd_k_lhjhiylkyki_rZldm^ZlhLh eb^_ehmgZk\a^hogmeZhgZ �IhdZg_gZc^m@xebm_oZlvfug_kfh`_fihfjZqg_eDhr_e_\jygvijhp_^behgkd\hav klbkgmlu_am[uGZc^mkZf\uk_dmqlh[ugZmdZ_c[ueZ K_j`ihfheqZ\h[jZlbeZkvdg_fmIhebgFh`_lg_klhbehlZdkhk\Z^v[hclhki_rblv" uiZ^bfg_aZQ_lbobgZihclb^Zy[um^Z\beZkvkdhj__ Dhr_e_\i_j_\_e\a]ey^gZk_kljm Ihq_fmluaZsbsZ_rvwlhhljh^v_g_[eZ]h^Zjgh_"aeh[jhkbeK_j]_c IhlhfmdZdqlh[uex^bgb]h\hjbebhgZgZf\k_`k_kljhc_^bghdjh\ghcijboh^blkybohlvb ijb`blZ[ueZiZi_gvdhc\h]j_o_ghg___\lhf\bgZ\a^hogmeZIhebgZ Fh`_llu\f_klhg__ih^\_g_pkQ_lbobgufihc^_rv"aehmkf_ogmekyK_j`JZal_[_lZd`Zev __[_^gmxKf_xgZihfgblvqlh[jZqguc^h]h\hjih^ibkZgbdheb\a^mfZ_l[ZjhggZk\h_f gZklZb\Zlvdjulvfg_g_q_f[m^_l \uklmib\rb_gZ]eZaZoke_auk^_eZ\\b^qlhjZkijZ\ey_ldjm`_\hgZfZg`_lZo Yih`Zemcihc^mK_j]_cEv\h\bqFg__s_ieZlv_gZ^hdaZ\ljZrg_fm\bablm\u[jZlv hl\hlih^bemqr_ieZlv_faZcfbkv[mjdgmeDhr_e_\Bg_aZ[b\Zck_[_]heh\ml_fq_fg_ ke_^m_l uc^ybadhfgZluIhebgZ^h[_`ZeZ^hk\h_ckiZevgbbaZdju\aZkh[hc^\_jvijb`Z\dmeZqhdd ]m[Zf[_aa\mqghjZaju^ZeZkv;h`_@xebqlh`_lugZ^_eZeZkm^hjh`gh\a^hogmeZ^_\mrdZ M`bg_agZxfh`_lm`_fheblvkyhlhfqlh[uK_j`gbdh]^Zg_gZr_el_[y"ih^mfZeZhgZ lhfqlh[jZlk^_j`blk\h_h[_sZgb_bhlu]jZ_lkygZfeZ^r_ck_klj_Ihebgg_khfg_\ZeZkv Xeyijbk_\aZklhehi_jeZkvih^[hjh^dhf\keh`_ggu_jmdbbmklZ\beZkvgZ[md_l[_ehkg_`guo �jhaZm`Zrbkbyl_evkl\Z]jmklghmeu[gmeZkvhgZk_ahglhevdhgZqZekyZym`_mfm^jbeZkv \ua\Zlvbgl_j_kkjZam^\moagZlguog_]h^y_\BdZd`_fg_ijhclbl_i_jvf_`^mKpbeehcb OZjb[^hckhojZgb\ijbwlhfj_imlZpbx"JZa\_qlhiha\heblvdgyax=hjqZdh\m^mfZlvqlh]hlh\Z [eZ]hkdehgghijbgylv_]hmoZ`b\Zgbyghbg_hl\_j]ZlvijbwlhfdgyayR_oh\kdh]h"aZ^mfZeZkv @xebImklvbR_oh\kdhcb=hjqZdh\badh`b\hg\ue_amlbaaZk\h_]h^mjZpdh]hiZjbDZd`_hgZ [ueZ[eZ]h^ZjgZk_cqZk:e_dkJZ^abgkdhcIjhlygm\jmdmhgZ^hljhgmeZkv^hkh\_jr_gguo e_i_kldh\ GZaZ\ljZ^he`gZ[ueZkhklhylvkyij_fv_jZ:abN_lb__kp_gbq_kdbc^_[xl\jhebEx[mrdb Xe_gvdZk_j^p_fqm\kl\h\ZeZqlhR_oh\kdhc[m^_llZfgh__aZgbfZek_cqZk_s_h^bg\hijhk [m^_lebgZij_fv_j_dgyavFboZbe:e_dk__\bq":hgZihdZih^mfZ_ldlh[m^_lijh\h`Zlv__ ^hfhcihke_ki_dlZdey Ih^ihju\hf\_ljZjZkiZogmeZkvhdhggZyjZfZJZa[mor__hlkujhklb[_kdhg_qguohk_ggbo^h`^_c ^_j_\hg_iha\heyehiehlghijbdjulvhdghkdhqb\baaZklheZXeygZe_]eZqlh_klvkbeugZ hdhggmxkl\hjdmaZlZedb\Zy__gZf_klh Gm^Z\Zc`_ijhr_ilZeZhgZihdjZkg_\hlmkbebc Hldbgm\khe[Z\u[b\rb_kybaijbq_kdbijy^bhgZkhlqZygb_f]eygmeZgZg_`_eZxsmx ih^^Z\Zlvky_cjZfmbay[dhih_`b\rbkv\ayeZkdj_keZrZev\dhlhjmxdmlZeZkvijhrehcghqvx KdZ`^uf^g_fklZgh\behkv\k_oheh^g__b\__ieZs_m`_k_cqZk[ueh^h\hevghoheh^gh gZoh^blvkygZmebp_GZ^h[uihclbdfh^bkld_baZdZaZlvkZehi^Zlhevdh]^_^_g_]\aylv" \a^hogmeZhgZ HljZafure_gbc__hl\e_dklmd\^\_jv=eygm\gZk]msZxsb_kykmf_jdbaZhdghf^_\mrdZ gZofmjbeZkvh^gZdh^ey^hfh\hcijbkem]biha^gh\Zlh[m^_l^Zbg_ijhkbeZhgZgbhq_f uc^y\djhohlgmxijboh`mxXe_gvdZhlh^\bgmeZaZ^\b`dmbjZkiZogmeZ^\_jv �h[juc\_q_j:ggZmeu[gmekyIhev YZkg_ijb]eZrZeZZr_kbyl_evkl\hhl\_lbeZ^_\mrdZkf_jb\_]hoheh^guf\a]ey^hf YagZxykZfhgZ^_ygjZkkqblu\ZygZl_ieucijb_fghijh_a`Zyfbfhg_fh]hldZaZlvk_[_\ m^h\hevkl\bbih\b^ZlvkykZfb Kd\hagydhlhldjulhc^\_jb\gh\vjZkiZogmeaehihemqgmxjZfmihkeurZekya\hgjZa[blh]hkl_deZ Xeyf_lgmeZkv\dhfgZlmbg_^h`b^Zykv__ijb]eZr_gbyIZ\_e\hr_e\d\Zjlbjmijbdju\aZ �kh[hc^\_jvDgyavijhr_eke_^hfaZg_c_\mrdZkjZ`ZeZkvkg_ihdhjghcjZfhcgZihem\em`_ \h^u\Zeyebkvhkdhedb\ZaublhqlhhklZehkvhl\_ebdhe_igh]h[md_lZ AZdju\hdghhgh[_jgmekydohaycd_djhr_qghcm[h]hcd\Zjlbjdb u`b\_l_a^_kv"m^b\e_ghijhlygmehg DZd\b^bl_jZa\_eZjmdZfbXeyZr_kbyl_evkl\hZfemqr_mclbQlhh[hfg_ex^bkdZ`ml dhevdhfg_[m^mlfm`qbguih\_q_jZfaZoZ`b\Zlv" Ijbk_\gZdhjlhqdbXeyijbgyeZkvkh[bjZlvhkdhedbijyfh\ih^heieZlvy=hkih^bGmaZq_fhg ijbr_e"^mfZeZhgZjZkk_yghkh[bjZy[blh_kl_dehbg_hkh[haZ[hlykvh[hklhjh`ghklbbabl R_oh\kdh]hkh\_jr_ggh\u[be__badhe_bLhevdhqlh^mfZeZhg_fb\hll_[_ih`ZemcklZ gZofmjbeZkvhgZHkljZy[hevh[h`]eZjmdmLboh\kdjbdgm\hgZih^g_keZd]m[ZfeZ^hgv &#xu;&#xih;&#xj_;&#xaZ;ë&#xkv;&#x;&#x;&#x^h;&#x]Z;&#x^Z;&#xek;&#xy;&#xR_;&#xoh;&#xk; h; ;&#x;�uihj_aZebkv^h]Z^ZekyR_oh\kdhcZcl_\a]eygmlv IZ\_e\aye__lhgdh_aZiyklv_bih\_jgmejmdmeZ^hgvxd\_jomLhevdhqlhkh[jZggu_hkdhedb \gh\vihkuiZebkvgZiheba__ih^heZdhlhjuchgZ\uimklbeZklhbehlhevdhIhexdhkgmlvky__ aZiyklvyGZg_`ghcdh`_yjdhZe_e^ebggucihj_aG_^mfZyhlhfqlh^_eZ_ldgyavih^g_kd ]m[Zf__jmdmbihp_eh\ZefZe_gvdmxeZ^hgv Zr_kbyl_evkl\hijhr_ilZeZXey]ey^ygZg_]hbkim]Zggufb]eZaZfbQllhu^_eZ_l_" Ijhklbl_meu[gmekyhgulZsb\badZjfZgZieZlhdIZ\_eZddmjZlghh[_jgmebf__eZ^hgvgh ijh^he`Zem^_j`b\Zlvlhgdb_iZevqbdb\k\h_cjmd_ :ggbihq_fmukhijhlb\ey_l_kv"_^vgZk\e_q_l^jm]d^jm]mlbohkijhkbehgaZ]ey^u\Zy\ __]eZaZ IhlhfmqlhgZfg_evay[ulv\f_kl_ijhr_ilZeZ^_\mrdZYg_aZwlbfijb_oZeZ\klhebpm Hldm^Zu:ggb" XeyijhfheqZeZ YihgbfZxwlhlZcgZmeu[gmekyR_oh\kdhcGhdh]^Zgb[m^vufg___h[yaZl_evgh jZkkdZ`_l_ G_lg_lihdZqZeZhgZ]heh\hc IZ\_elbohgvdhihlygme__aZjmdmbhgZkZfZrZ]gmeZ\_]hh[tylvyHg\gh\vihp_eh\Ze__ ijb`bfZydk_[_eZkdZyrbjhdhceZ^hgvxmadmxbaysgmxkibgm?]h]m[u[uebijhoeZ^gufb fy]dbfbb^Zjbeb_clZdb_hsms_gbyhkms_kl\h\ZgbbdhlhjuohgZbg_ih^haj_\ZeZOjmklkl_deZ ih^_]hkZih]hfih^_ckl\h\ZegZg__hlj_a\eyxs_\uj\Z\bahdmlZ\r_]h^mjfZgZkljZklb Hlh^\bgm\rbkvhlg_]hhgZhimklbeZ]heh\mS_db__iueZebhlklu^ZHgZ\gh\viha\hebeZ_fm p_eh\Zlvk_[ybg_khijhlb\eyeZkvZgZh[hjhllbohklhgZeZ\_]hh[tylvyogZkeZ`^Zykvwlhc eZkdhc Moh^bl_IZ\_eGbdheZ_\bqIjhrmZk\u^Z\beZhgZ R_oh\kdhckZfkljm^hfijbr_^rbc\k_[ykf_jbe__ly`_euf\a]ey^hf u\kZfhf^_e_ohlbl_qlh[uymr_e" ;_akhfg_gbyhl\_lbeZXey Qlh`km^Zjugyiha\hevl_hldeZgylvkyIjhklbl_qlhihlj_\h`beZk Ihev\ur_eg_h]ey^u\ZykvHgkeurZedZdhgZaZdjueZaZgbf^\_jvbaZ^\bgmeZgZf_klhaZkh\ �KimkdZykv\gbahgaebekygZkZfh]hk_[yZijh_a`Zyfbfhhgg_kfh]mklhylvi_j_^`_eZgb_f m\b^_lv__Hgg_kiZeihqlb\kxghqv\kihfbgZyp\_l__]eZa[ZjoZlbklhklvg_`ghcdh`bZjhfZl bkoh^b\rbchl__\hehkG_mlhe_ggh_`_eZgb_b\ha[m`^_gb_ij_\jZlbebwlmghqv\iuldmDjbdgm\ aZkluei_j_^__^\_jvx^he]hg_j_rZykvihklmqZlv?]h\iheg_fh]h`b^Zlv\_kvfZoheh^guc ijb_fghhg\k_`_ihklmqZeIj_^qm\kl\by_]hg_h[fZgmeb:ggZ[ueZoheh^gZkgbfgh\lh`_ \j_fyhgbglmblb\ghhsmsZeqlhhgZlyg_lkydg_fmohlvbg_`_eZ_lijbagZ\Zlvky\hq_\b^ghf ^Z`_kZfhck_[_Dh]^Zhgp_eh\Ze__hgZklZdbfiuehfhl\_qZeZ_fmqlhhg_^\Zg_ihl_jye ]heh\mQm\kl\myqlhhgZhlkljZgy_lkyhlg_]hIZ\_e_^\Zm^_j`ZekyhlgZkbebyHgg_ohl_e__ hlimkdZlvghm^_j`Zekyhllh]hqlh[u\gh\vklbkgmlv__\h[tylvyob\aylvlml`_g_\abjZygZ__ khijhlb\e_gb_bijhl_kluHg^Z`_gZr_e\k_[_kbeujZa\_jgmlvkybmclbagZyqlh\gh\v[m^_l ^mfZlvhg_cbwlmghqvbke_^mxsmx R_oh\kdhcg_fh]ihgylvkZfk_[yhl\jh^_bihklmiZehglZddZdlh]hhlg_]hh`b^Zebb[ue kh\_jr_gghm\_j_g\ijZ\bevghklbijbgylh]hj_r_gbylZdhldm^Z`_\hagbdehhsms_gb_qlh\k_ wlhg_gZklhys__[m^lhhgb]jZ_ldZdmxlhjhev\dZdhclh]emihciv_k_";_akhfg_gby PDGHPRLVHOOHDhr_e_\ZhqZjh\Zl_evgZ?s_\DmavfbgdZohgh[jZlbegZg__\gbfZgb_b_s_lh]^Z _]hihk_lbeZfukevhlhfqlh[uk^_eZlv_cij_^eh`_gb_HgZ\iheg_khhl\_lkl\m_lh`b^Zgbyf_]h jh^bl_eybklZ\dgy]bg_cR_oh\kdhcaZcf_l\h[s_kl\_^hklhcgh_iheh`_gb_HggZr_eIhebgm ijb]eZkbek_f_ckl\hDhr_e_\uo\hkh[gydR_oh\kdboqlh[uihagZdhfblv^Zkl;h][m^msmx g_\_klmkhlphfghhlq_]hlh`_fukev`_gblvkygZIhebgm`_g_dZaZeZkv_fmlZdhcm^Zqghcihke_ �\bablZdwlhci_\bqd_"ZhgZijb\e_dZl_evgZ\g_cg_khfg_ggh_klvlZeZglghhgagZe`_gsbgb dm^Z[he__jhkdhrguoq_f:ggZh^gZdhgbdlhg_\uau\Ze\g_fih^h[gh]hhldebdZ Lh]^ZdZdk:gghcHgk]hjZehlkljZklb_fmohl_ehkv[ulvkg_cdZ`^mxfbgmlmk`bfZlv\ h[tylvyop_eh\Zlvfy]db_]m[u?_lbobcklhgqlhkhj\ZekykaZp_eh\Zgguo]m[[uefmaudhc\_]h mrZoIZ\_eg_ihfgbeqlh[udh]^Zgb[m^vhgbkiulu\Zeg_qlhih^h[gh_ohlvdh^ghcbak\hbo \_kvfZfgh]hqbke_gguoex[h\gbp:\_^vhglhevdhihp_eh\Ze__BdZd`_q_jl_]h\havfb[ue ijZ\=hjqZdh\dh]^Z]h\hjbeqlhhgj_\gm_l;h`_hg^_ckl\bl_evghj_\gh\ZeHg_s_g_ihemqb\ __kh]eZkbym`_kqblZe__k\h_ckh[kl\_gghklvxFukevqlhhgZfh`_l\u[jZlvFbr_ey ijb\h^beZ_]h\yjhklvM]hjZa^beh`__]haZdexqblvwlh]emih_iZjbl_fkZfuf^Z\\hafh`ghklv FboZbemmoZ`b\ZlvaZg_cbihiulZlvky^h[blvky__jZkiheh`_gby =eZ\Z GhqvxIhebgZihqlbg_kiZeZHgZ\kyba\_eZkv\h`b^ZgbbgZagZq_ggh]hqZkZZjZ^hklvhl ij_^klhys_c\klj_qbkIhe_ff_jdeZklhbeh_cih^mfZlvhlhfdZdlh__\klj_lblR_oh\kdhc klZjrbcIj_^klhys__agZdhfkl\him]Zehbalh]hqlh_c^h\_ehkvkeurZlvh[hlp_IZ\eZ GbdheZ_\bqZ\\hh[jZ`_gbb__keh`bekyh[jZaq_eh\_dZkmjh\h]hbdZl_]hjbqgh]h\k\hbo km`^_gbyoih^oh^ddhlhjhfmgZclb\_kvfZkeh`gh ?c[h]mg_ijb^mkvydh^\hjmkhkljZohf^mfZeZhgZijb^bjqb\hjZa]ey^u\Zy\a_jdZe_k\h_ hljZ`_gb_ihdZ=eZnbjZklZjZl_evghmdeZ^u\ZeZ^ebggu_ehdhgu\aZfukeh\Zlmxijbq_kdm �_\mrdZgZofmjbeZkv\uj_a__ex[bfh]hieZlvyihdZaZeky_cq_j_kqmjhldjh\_gguf =eZrZ^hklZgvdhkugdmdjm`_\gmxhl\_jgmeZkvhgZhla_jdZeZ G_df_klma^_kvhgZ[m^_lihdZqZeZ]heh\hc=eZnbjZ ��ZyjZa\_`l_[ykijZrb\Zx\kiuebeZIhebgZ_eZcqlh\_ex Ijbdju\\uj_adhkugdhcbaZdheh\__mkZfh]h]hjeZbaukdZgghcdZf__cIhebg_s_jZa]eygmeZ\ a_jdZehbg_fgh]hmkihdhbeZkv\lZdhfieZlv_\g_kdjhfghklb__m`lhqghg_aZih^hajyl �hddbu]hlh\u"K_j]_cEv\h\bqm`_kijZ\eyekyhgZk �&\nHVWDIIUHX[ Wlhm`Zkgh\fijhklhgZeZhddbjZkiZob\Zy^\_jvbih^gyeZaZieZdZggu_]eZaZgZ Ihebg Hq_fu"Qlhm`Zkgh"i_j_kijhkbeZ^_\mrdZkm^b\e_gb_f]ey^ygZkghom �Ih^gy\jmdmhddbijh^_fhgkljbjh\ZeZdjZ_r_dhlhj\Zgghcdjm`_\ghcfZg`_lu WlZ[_klhehqvdbgmeZhgZbki_i_eyxsbc\a]ey^gZ=eZnbjmg_m^hkm`beZkvijbrblv:\_^v ]h\hj_gh_c[uehk\_q_jZ 2KPRQ'LHX Hfhc;h]\f\a^hogmeZIhebgZ ay\kghomaZjmdmhgZmo\ZlbeZih\bkr__djm`_\hb^_jgmeZqlh_klvkbeuJZa^Zekylj_kdb djm`_\ghcehkdmlhklZekymg__\jmd_ �jm]mxjmdmkdhfZg^h\ZeZhgZhlhjhi_\r_ckgho_ �Ijh^_eZ\lh`_kZfh_k^jm]bfjmdZ\hfIhebg\a]eygmeZ\[e_^gh_ebphhddb LZdagZqbl_evghemqr_aZf_lbeZhgZ u^mfZ_l_lhevdhhk_[_h[b`_gghaZkhi_eZ?\^hdbyjZa]ey^u\Zyebrb\rb_kydjm`_\ fZg`_lu Kf_xgZihfgblvqlhmZkm`__klvkmijm]Zk_cqZkj_rZ_lkyfhykm^v[Zbih\Zr_cfbehklbfu �m`_hiZa^u\Z_faZy\beZhgZ[_aZi_eeypbhgguflhghfIhki_rbl_hddb GZ_fgucwdbiZ`hklZgh\bekygZijhlb\hkh[gydZgZK_j]b_\kdhcmebp_E_]dhkiju]gm\kih^gh`db wdbiZ`ZK_j`ih^Zejmdm`_g_ZaZl_fk_klj_IhebgZkimklb\rbkvgZfhklh\mxih^gyeZ]heh\m h[haj_\ZyjhkdhrgucnZkZ^a^Zgbybmkihdhb\rbcky[uehkljZo\gh\vkdh\Ze__oheh^hfGh_^\Z Dhr_e_\uklmibebgZklmi_gbdjuevpZ^\_jv]hkl_ijbbfghjZkiZogmeZkvbk_^h\eZkuc^\hj_pdbc ijb\_lkl\h\ZeboklZdhcihqlbl_evghklvxqlhIhebgg_h`b^Zgghk^_eZehkvkf_rgh Qlh"kdehgb\rbkvdg_c\ihe]hehkZkijhkbeK_j`aZf_lb\__\_k_ev_ HglZdhc\Z`gucijukgmeZIhebgZfh`ghih^mfZlvqlhhkh[mpZjkdbodjh\_c\klj_qZ_l IhkfhljbfdZdl_[yjZa\_k_eblagZdhfkl\hkGbdheZ_fFZl\__\bq_flZd`_lbohaZf_lbe[jZl Meu[dZlhlqZkbkq_aeZk]m[Ihebg AZq_flulZdK_j`mij_dgmeZhgZ_]hYb[_alh]hgbdZdhcm\_j_gghklb\k_[_g_qm\kl\mx Ijhklbba\bgbekyDhr_e_\ih^ghkyd]m[Zf__aZlygmlmx\i_jqZldmjmdm IZ\_ekZf\klj_qZe]hkl_c\\_klb[xe_hkh[gydZH[f_gy\rbkvijb\_lkl\byfbkijb[u\rbfb Dhr_e_\ufbbaZf_lb\g_j\haghklvIhebgR_oh\kdhch[h^jyxs_meu[gmeky_c IhebguhqZjh\Zl_evgur_igmehg_c[_jyih^jmdmqlh[uijh\h^blv\]hklbgmx EZd_cjZkiZogmei_j_^gbfb^\mkl\hjqZlu_^\_jbb^_\mrdZaZ^_j`Z\^uoZgb_rZ]gmeZ\ dhfgZlm Hl_piha\hevl_ij_^klZ\blvZffhbo^jma_cgZqZeIZ\_e �Hqgm\rbkvIhebgZ[jhkbeZ\a]ey^gZhddbb\f_kl_kg_ckdehgbeZkv\j_\_jZgk_ IheghIZ\_eGbdheZ_\bqmkf_ogmekyih^oh^ydgbfR_oh\kdhcklZjrbcG_m`lhyg_ihfgx PDGHPRLVHOOHIhebgbK_j]_yEv\h\bqZ"IjZ\^Z^he`_ghlf_lblv]hkih^Zqlhug_kdhevdh ih\ajhke_ebkh\j_f_gfh_]hihke_^g_]h\bablZ\Bevbgkdh_:\hlZr_ebphih\_jgmekyhgd �hddbfg_kh\_jr_gghg_agZdhfh ;eZ]h^ZjxaZijb]eZr_gb_GbdheZcFZl\__\bqmeu[gmekyK_j`Iha\hevl_ij_^klZ\blvZf �Hq_gvijbylghPDGDPkdehgbekygZ^jmdhchddbGbdheZcFZl\__\bqIjhoh^bl_]hkih^Z jZkiheZ]Zcl_kvmdZaZehggZqZcgucklhebdDkh`Ze_gbx^jZ`ZcrZyfhykmijm]Zgug_ hlkmlkl\m_laZf_lbehghlh^\b]Zyklme^eyIhebguihkem`bl_km^Zjugy"h[jZlbekyhgdg_c �dg_fZehfmm^b\e_gbxhddb &#xZr;&#x_;&#xkb;&#xyl;&#x_e;&#xvk;&#xl;&#xh;&#x;&#x[;&#xjh;&#xkb;&#xj;&#xZk;&#xl_;&#xjy;&#xgg;&#xuc;&#x; ];y;&#x^;&#xgZ;�Km^h\hevkl\b_fZr_kbyl_evkl\h[jhkb\jZkl_jygguc\a]ey^gZhddbhlha\ZeZkvIhebgZ JZaeb\ZyqZcihqZrdZfhgZijbdmkbeZ]m[mqm\kl\mydZd^jh`ZljmdbbklZjZykvg_jZkie_kdZlv h[`b]ZxsbcgZiblhd k_wlh\j_fyGbdheZcFZl\__\bqg_k\h^bekg__\gbfZl_evgh]h\a]ey^ZbIhebgZkfms_ggZy_]h klhevijbklZevguf\gbfZgb_fg_[_aljm^ZkijZ\beZkvkijb\uqguf^_ehfbkh[e_]q_gb_f \a^hogmeZgZeb\gZdhg_plhqZc\k\hxihke_^gxxqZrdmklj_lb\h[h^jyxsmxmeu[dmK_j`Z hgZih^g_keZqZrdmd]m[Zfghg_kfh]eZk^_eZlvgb]ehldZbihklZ\beZ__h[jZlghgZ[ex^p_ KdZ`bl_PDGHPRLVHOOHdZdZfihgjZ\beZkvklhebpZ"h[jZlbekyhgdg_c HZr_kbyl_evkl\hfu\_^vlhevdhq_l\_jluc^_gv\I_l_j[mj]_by_s_g_mki_eZlhedhf hkfhlj_lvkymeu[gmeZkvhgZ H^gZdhkm^Zjugym^b\e_gghijbih^gye[jh\vR_oh\kdhcklZjrbc:\kdjm`blv]heh\mwlhfm rZehiZxm`_mki_ebdb\gmehg\klhjhgmIhey IZi_gvdZ\f_rZekyIZ\_eu\_^vkZfb]h^gZaZ^ihkueZebf_gy\Bevbgkdh_LZdqlhwlhZf yh[yaZgagZdhfkl\mkPDGHPRLVHOOHIhebg �Z^ZihfgxDklZlbK_j]_cEv\h\bqu^h\hevguk\hbfijbh[j_l_gb_f" uhf_evgbp_"ihbgl_j_kh\ZekyK_j` Hg_ckZfhc \ukr_ckl_i_gbZr_kbyl_evkl\h Gmqlh`jZ^hq_gvjZ^ihklZ\b\gZklheqZrdmbhldbgm\rbkvgZkibgdmdj_keZaZf_lbe GbdheZcFZl\__\bq �Ze__jZa]h\hj\hkgh\ghfi_j_r_egZl_fuklhev[ebadb_dZ`^hfm\eZ^_evpmbf_gbyh[mjh`Zyo h[hohl_hgh\r_kl\Zoij_^eZ]Z_fuo\k_evkdhfohayckl\_IhebgZhldjh\_gghaZkdmqZeZ\ijhq_f �dZdbhddbOhlykghoZ__ijbkemrb\ZykvddZ`^hfmkeh\mkmfguf\b^hfbgh]^Zdb\ZeZ]heh\hc AZf_lb\jZkk_yghklv^_\mrdbIZ\_eih^gyekybij_^eh`be_cjmdm Hl_pK_j]_cEv\h\bquiha\hebl_"Fg_[uohl_ehkvihdZaZlvPDGHPRLVHOOHIhebggZrm hjZg`_j_x Dhg_qghklmiZcl_meu[gmekyGbdheZcFZl\__\bq IhebgZkjZ^hklvx\hkihevah\ZeZkvij_^eh`_gb_fIheybihki_rbeZ\f_kl_kgbfihdbgmlv ]hklbgmx;_akhfg_gbyhgZih^haj_\ZeZqlhij_^eh`_gb_ihdZaZlvhjZg`_j_x\k_]hebrvih\h^ qlh[uhklZlvkygZ_^bg_ Lhevdhg_]h\hjbl_qlhhggZim]ZeZkijhr_ilZeIZ\_ekdehgyykvdIhebg_ ZriZi_gvdZIhevfh`_lmdh]hm]h^gh^mr_\guclj_i_l\ua\Zlvkmeu[dhchlha\ZeZkv IhebgZlZyhl_]hijbdhkgh\_gbyb^uoZgvygZ^mohf IhebgZfg_dZaZehkvqlhukf_e__ijhbag_khghklZgZ\eb\Zykvi_j_^g_c M\uIZ\_eGbdheZ_\bqlhfqlhdZkZ_lkyZr_]hiZi_gvdbykh\_jr_gg_crZyljmkboZ u\k_]^Zkfh`_l_kijylZlvkyaZfh_ckibghcihrmlbeIZ\_e k_]^Z"i_j_kijhkbeZIhebgZblml`_h[jm]ZeZk_[y\^mr_aZklhev[_klZdlguc\hijhk R_oh\kdhcfheqZeb_]haZlygm\r__kyfheqZgb_bafZlu\Zeh^mrmGm`_hl\_lvkdZ`bohlvqlh gb[m^vg_fmqvfhebeZhgZijhk_[y :IZ\eZg_qZyggZyh]h\hjdZIhebgih\_j]eZ\kfyl_gb_DZaZehkv[u\hlhgZ[e_klysZy \hafh`ghklvk^_eZlvij_^eh`_gb_^_\mrd_[jZdkdhlhjhcmkljhbe[ubhlpZk_]hg_fZeufb Zf[bpbyfbb_]hkZfh]hghjZamfgh_blj_a\h_j_r_gb_dhlhjufhglZd]hj^beky\q_jZ\^jm] i_j_klZehmkljZb\Zlv_]hk_]h^gyiZfylb\kieue^jm]hch[jZal_fgu_]eZaZl_fgu_ehdhgu g_`gu_]m[ulhgdbcklZgih^_]hjmdZfb@Zjdhc\heghchdZlbehkgh]^h]heh\ui_j_o\Zlbeh ^uoZgb_^Z`_]heh\ZaZdjm`beZkvhlgZoeugm\r_]h\^jm]qm\kl\Z:dZdbfqbklufk\_lhf]hj_eb __]eZaZdh]^ZhgZ]h\hjbeZh^hf_b^_lyoI_j\ucjZa\`bagb_fmaZohl_ehkvihclbgZih\h^m kh[kl\_ggh]h`_eZgbybh[\_gqZlvkyklhcdhlhjmxhgohl_eohl_elZdkbevghqlh]hlh\ieZlblv gZagZq_ggmxp_gm^Z`_\hij_dbhlph\kdhfm]g_\m:^Zevr_qlh"r_ilZe\gmlj_ggbc]hehkQlh [m^_l^Zevr_dh]^Z]heh^iehlb[m^_lmlhe_gdh]^Zhgihemqbllhq_]hlZdg_bklh\h`_eZ_l_]h �l_eh"IhdZaZlvkykg_c\h[s_kl\_"0DXYDLVHWRQ mjghclhg nj\f\fHklZ\blv__\^_j_\g_b^Zevr_ `blvdZd`b\_lk_cqZk[m^mqbohehklydhf"=hkih^bhgkh\k_f]heh\mihl_jye_keb^himkdZ_l fukevh[wlhfHq_fhg^mfZ_l":ggZ:ggbluf_gykh\k_fkmfZk\_eZ\a^hogmehgDZd \hh[s_fh`gh^mfZlvhlhfqlh[uk\yaZlvk\hx`bagvklZdhcdZdhgZ"Dlhfm`_iZi_gvdZ\jy^eb hldZ`_lkyhlfukebk^_eZlvbaPDGHPRLVHOOHJZ^abgkdhcdgy]bgxR_oh\kdmxIZ\_ef_^e_ggh ih^gye]heh\m^jh]gmeb]mklu_j_kgbpub_]hk_ju_]eZaZmklZ\bebkvijyfh\__]hem[u_Ihebg_ klZehg_mxlghih^wlbfijbklZevguf\a]ey^hfdhlhjucdZaZehkvaZ]ey^u\Ze\^mrmbqblZelZf dZd\jZkdjulhcdgb]_\k___fukebkljZobkhfg_gbyK_cqZkbebgbdh]^Zj_rbekyR_oh\kdhc ihgy\qlh_kebg_k^_eZ_lij_^eh`_gbyIhebg_k_cqZklhg_k^_eZ_lwlh]hgbdh]^ZIZ\_eaZf_j [m^lhi_j_^iju`dhf\ijhiZklv Km^Zjugy\ayehgjmdmIhebgubaZ`Ze__\k\hboeZ^hgyo\Zr_c\he_k^_eZlvf_gy kqZkleb\ufbebg_kqZklgufYijhrmZk[m^vl_fh_c`_ghc �YbgZ^_ylvkyg_kf_eZijhr_ilZeZhgZZIZ\_eGbdheZ_\bq^ZYkjZ^hklvxjZa^_exk Zfb\k_qlhij_^gZq_jlZghkm^v[hc &#xuk;&#xey;&#xo;&#xk;&#xie;&#xue;&#xh;b;&#xph;&#xk;&#x_k;&#xlj;&#xu;&#x;fukeyo\kieuehebphk_kljuZ`_Zrbbf_gZIhevIhebglZdkha\mqguG_bgZq_dZdkZfh ijh\b^_gb_ijb\_eh_]hdgZfb\uij_^gZagZq_gu^jm]^jm]m:o@xeb]^_`_luk_cqZk" \a^hogmeZhgZ Lh]^ZgZfklhbl\_jgmlvky\]hklbgmxbh[ty\blv\k_fhgZr_fj_r_gbbg_h`b^Zgghl_ieh meu[gmekyR_oh\kdhc Fh`_lih\j_f_gblv"kfmlbeZkvIhebgZ Gmm`g_lkm^Zjugyyg_^ZfZf\hafh`ghklbi_j_^mfZlvih^ghkyd]m[Zf__jmdmihr_ilZe Ihev JZa\_jgm\rbkvhg[ukljufrZ]hfgZijZ\bekyh[jZlgh\]hklbgmxIhebgZ_^\Zihki_\ZeZaZgbf HklZgh\b\rbkvhdheh^\_j_cIZ\_eih\_jgmekydg_c =hlh\u" �_\mrdZkm^hjh`ghdb\gmeZ Lhedgm\^\_jvIZ\_eijhimklbe__\i_j_^b\hr_eke_^hf Hl_py^he`_gijbagZlvkyqlhlhevdhqlhk^_eZeij_^eh`_gb_PDGHPRLVHOOHDhr_e_\hcbIhebgZ Ev\h\gZijbgyeZ_]h R_oh\kdhcklZjrbcih^gyekykdj_keZbaZeh`b\jmdbaZkibgmih^hr_edklhys_cm\oh^Z\ ]hklbgmxiZj_?]hg_ijhgbpZ_fuc\a]ey^kdhevagmekgZijy`_ggh]hebpZkugZgZbkim]Zggh_ebph [m^ms_cg_\_kldb �h[jhih`Zeh\Zlv\gZrmk_fvxkm^Zjugymeu[gmekyhgm]hedZfb]m[:lufh][ubijb_a^Z fZl_jb^h`^Zekyg_]h^gucfZevqbrdZih\_jgmekyhgdIZ\em Gm\hlbih\h^mfZf_gvdb[m^_lgZ\_klblvgZkmkf_ogmekyhg Ijh\h`ZyDhr_e_\uoIZ\_eaZ^_j`ZejmdmIhebgu\k\h_ceZ^hgb �haZ\ljZPRQkKHU �haZ\ljZIZ\_eGbdheZ_\bq\kiuogmeZhgZ Kb^y\wdbiZ`_gZijhlb\[jZlZbkghobIhebgijblboeZDZd`_[ukljh\k_kemqbehkvaZ^mfZeZkv hgZ?_kfmsZehb[_kihdhbehqlhIZ\_elZdklj_fbl_evghk^_eZe_cij_^eh`_gb_ohlyhlg__bg_ mdjuebkv_]hkhfg_gby\l_lhfbl_evgu_fbgmlu\hjZg`_j__[m^lhqlhlhih^lZedb\Zeh_]hd wlhfmj_r_gbxbebhghlj_dZekyhlq_]hlhBimklv^mrZebdh\ZeZdZdZylhkfmlgZylj_\h]Zg_ ^Z\ZeZ\iheghcf_j_gZkeZ^blvkyjZ^hklvxk[u\rbokygZ^_`^ex[\b_cijbagZ\Zebkvg_qZklh ghhgZ[_ahrb[hqghihqm\kl\h\ZeZqlhhlgx^vg_ex[h\vjmdh\h^beZR_oh\kdbfdh]^Zhg aZ]h\hjbeh[jZd_GmbimklvhlfZogmeZkvIhebgZhlk\hbofuke_cHgZ[m^_lex[blvaZ^\hbo imklv[ulhevdhhg[uejy^hf Qlhlhg_\b`mjZ^hklbaZf_lbeK_j`gZ[ex^ZyaZkf_ghcwfhpbcgZ__ebp_ YjZ^Zhq_gvjZ^ZGhg_ihdZaZehkvebl_[_qlhIZ\_eGbdheZ_\bqg_iblZ_ldhfg_]em[hdbo qm\kl\"ih^Z\beZhgZly`_euc\a^ho =emihklbgZofmjbekyDhr_e_\Ij_^eh`_gbyjmdbbk_j^pZg_^_eZxldh]^Zgbq_]hg_ bkiulu\Zxl Ohjhrh[u_keblZdhlha\ZeZkvIhebgZ Ihebgfg_ihgylgul\h_\heg_gb_bkhfg_gbyybkZfZihfgxhq_gvi_j_`b\ZeZaZf_lbeZ �hddbihdhkb\rbkvgZkmijm]Z Ijh\h^b\Dhr_e_\uoIhev\_jgmeky\]hklbgmx Lug_ihki_rbe"ihbgl_j_kh\ZekyGbdheZcFZl\__\bq Dq_fmlygmlv"Ihebg\_kvfZijb\e_dZl_evgZyfheh^Zyhkh[Zdlhfm`_dZduagZ_l_^Ze_dhg_ [_kijb^ZggbpZg_ohl_ehkv[uqlh[uf_gyhi_j_^bebhlrmlbekyIZ\_e a]ey^_]hmiZegZqZkuIj_fv_jZ:abN_l\:e_dkZg^jbgkdhfm`_gZqZeZkvM:gguk_]h^gy ^_[xlmkf_ogmekyhgk\hbffukeyfhkoh^ysZya\_a^Zl_ZljZevguoih^fhkldh\Ihke_ k_]h^gyrg_]h\_q_jZ__g_khfg_gghhdjm`Zl\gbfZgb_fBFbr_evk_]h^gylZfHg_s_\q_jZ ]h\hjbehlhfqlhkh[bjZ_lkyihclbK^Z\e_ghq_jluogm\rbkvR_oh\kdhc[ukljufrZ]hf gZijZ\bekydk\hbfihdhyf IjhohjdjbdgmehggZoh^mnjZdbpbebg^j@b\__g_lhrdmjmkimsm H^gZdh`_dZdgb]gZeehrZ^_cdmq_jR_oh\kdbowdbiZ`ih^t_oZedklmi_gyfl_ZljZdZdjZa\lhl fhf_gldh]^ZjZkoh^bebkvihke_^gb_baaZ^_j`Z\rbokyajbl_e_cIZ\_eg_hkh[hgZ^_ykvm\b^_lv lmjZ^bdhlhjhclZdki_rbekimklbekykih^gh`dbbaZf_jg_\_jyk\hbf]eZaZf:ggZ_]h:ggZ Fbr_ex\k_]h\hjbehhlhfqlh_cijbylgh_]hh[s_kl\hJ\Zgm\r_edh\uc]ZeklmdIZ\_em`_ [uehk^_eZerZ]gZ\klj_qmkimkdZ\r_ckyiZj_gh\ihke_^gbcfhf_glhklZgh\beky �hfhc[jhkbehg\hagbp_mkZ`b\Zykvh[jZlgh\wdbiZ` Hldbgm\rbkvgZkibgdmkb^_gbyIZ\_eijbdjue]eZaZGmdZdh\Z"mkf_ogmekyhg?fm]h\hjbeZ �h\ukhdboqm\kl\Zohex[\bhk_fv_h^_lyoZkZfZ:\_^vhgihqlbih\_jbeZqlhlZfkZfhfm �k_[_\jZlvih\_jbemfZehlhfqlh[uG_llZd^Ze_dhhgg_aZc^_lHgihemqbl__g_\_]h ijZ\beZoijhb]ju\ZlvZihlhfhklZ\bl[_a\kydbokh`Ze_gbcb]emiuokZglbf_glh\_keb dhg_qghFbr_ev_]hm`_g_hi_j_^beIhfhjsb\rbkvijbwlhcfukebR_oh\kdhcklmdgme ljhklvx\kl_gdmdZj_luhagbpZlhlqZkhklZgh\bewdbiZ` Q_]hba\hebl_Zr_kbyl_evkl\h"aZ]eygmehg\wdbiZ` �Z\Zc\N_gbdkfjZqgh[jhkbeIZ\_e DZdkdZ`_l_Zr_[eZ]hjh^b_ G_lhg_s_g_k^ZekyHg_s_ihijh[m_lhl\h_\ZlvmljZq_ggu_ihabpbb \r\r\r �_[xlkhklhyeky\iheghfkfuke_wlh]hkeh\Zuc^ygZkp_gmXeykhkljZohfhdbgmeZ\a]ey^hf ihegucaZeFZjlugh\ke_]dZdZreygmegZihfbgZy_cqlhijbr_eq_j_^__j_iebd_Khkj_^hlhqb\ \k_k\h_\gbfZgb_gZg_f^_\mrdZmeu[gmeZkvbklZjZykvg_h[jZsZlv[he__\gbfZgbygZajbl_e_c hl\_lbeZ_fm:^Zevr_\k_k^_eZehkvgZklhevdhijhklhqlhhgZkZfZ^b\m^Z\ZeZkvlhfmdZde_]dh \^jm]klZeZEx[mrdhcZg_:gghcbg_@xeb HgZ\_^vblZdb]jZ_ljhev:ggukl_oihjdZdi_j\ucjZai_j_klmibeZihjh]dZ[bg_lZ=_^_hgh\Z lZdq_]h_c[hylvkya^_kvgZkp_g_"Dm^ZkljZrg___keb\^jm]hldjh_lky__b]jZ\`bagb\hllh]^Z lh^eyg__gZklZgmlg_h[jZlbfu_ihke_^kl\by G_kdhevdhjZahgZmdjZ^dhc[jhkZeZ\a]ey^gZeh`m]^_jZg__\b^_eZR_oh\kdh]hghIZ\_e GbdheZ_\bqlZdbg_ihy\bekyXeyg_fh]eZihgylvkZfmk_[y_c[ujZ^h\ZlvkygZ^hqlh R_oh\kdhchlklmibekyhklZ\be__\ihdh_lZdhldm^Z`_wlhjZahqZjh\Zgb_qlhklbkgmehk_j^p_\ ]jm^bhlq_]hi_qZev\^mr_"Ihke_ki_dlZdey_c\]jbf_jdmijbg_kebjhkdhrguc[md_ll_fgh djZkguojhagh\kiuogm\rZy[uehjZ^hklvlhlqZkm]ZkeZklhbeh_clhevdhijhq_klvdZjlhqdm \eh`_ggmx\[md_lP\_lu[uebhldgyay=hjqZdh\ZHgZ^he]h^_j`ZeZ\jmdZoaehihemqgmx dZjlhqdmhlhgZ\hafh`ghklvhlhfklblvaZlhmgb`_gb_qlh_cijbrehkvi_j_`blvdh]^Z ]jZnbgyJZ^abgkdZyjZkkdZaZeZ_chf_jadhfiZjbaZdexq_gghfR_oh\kdbfb=hjqZdh\ufgh\_kv aZiZeihq_fmlhm]ZkKljZrghklZgh\behkvijbfukebqlhhgZb]jZ_lkh]g_fXeyhsmsZeZk_[y ]emihcgZb\ghc^_\hqdhcj_rb\r_c\m]h^mk\h_fmls_keZ\bxb]hj^ug_ih^jZagblv^\mo k\bj_iuoobsgbdh\Q_fdhgqblky^eyg__wlZb]jZbg_hdZ`_lkyebhgZkebrdhfe_]dhc^h[uq_c ^eyh^gh]hbagbo"QlhhgZagZ_lhfm`qbgZol_f[he__hl_odlhihijZ\mjh`^_gbyk\h_]hijb\ud ihemqZlv\k_qlhih`_eZ_l" XeygZjhqghaZ^_j`b\ZeZkv\]jbf_jd_hlly]b\Zylhlfhf_gldh]^Zgm`gh[m^_lb^lbgZm`bgih kemqZxij_fv_juki_dlZdeyG_m\b^_\R_oh\kdh]h\aZe_hgZjZkkljhbeZkvFukevihclb\f_kl_ kh\k_fbgZ\_q_jmkljh_ggucki_pbZevghihwlhfmkemqZxm`_g_dZaZeZkv_cijb\e_dZl_evghcgh hldZaZlvkyg_[uehgbdZdhc\hafh`ghklb=_^_hgh\ykgh^Zeihgylvqlhg_ihl_jiblk\h_\hebyb _kebhgm`ihh[_sZeg_\_^hfhfm_cihdjh\bl_exl_ZljZevgh]hbkdmkkl\Zijbkmlkl\b_ ^h[jZlvky^hfhcbgZdhg_plhhklZ\rbkv\h^bghq_kl\_ihiulZlvkyihgylvqlhhgZqm\kl\m_ld R_oh\kdhfmLZdkljZggh[ueh`_eZlv\klj_qbkgbfbh^gh\j_f_ggh[hylvky__Ihke_lh]hdZd hgZmagZeZhiZjbhgZ^he`gZ[ueZ[u\hag_gZ\b^_lv_]hghg_gZ\bklbg_[ueh;ueb[hevh[b^Z jZahqZjh\Zgb_]emih_`_eZgb_\ex[blv_]h\k_[yZihlhfhl\_j]gmlvkij_aj_gb_fijbqbgblv_fm lZdmx`_[hevdZdmxhsmsZeZgugq_hgZkZfZ I_j_h^_\rbkv\ieZlv_qlh_cijbg_keZ^eywlh]h\_q_jZ?ebaZ\_lZ:g^j__\gZXeyh]ey^_eZk_[y\ [hevrhfa_jdZe_Kbgbc[ZjoZl\u]h^ghih^q_jdb\Zeg_`gucp\_l__ebpZkdjhfgZygbldZ`_fqm]Z dZdg_evayemqr_khq_lZeZkvkbkdmkkl\_ggufbp\_lZfbba[_eh]hr_edZdhlhju_dhklxf_jrZ aZdj_ibeZ\__]mkluoehdhgZoAZ[jZ\ba]jbf_jdb[md_l^_\mrdZ\ureZ\dhjb^hj]^_b klhedgmeZkvkFboZbehf:e_dk__\bq_fg_j\ghjZkoZ`b\Zxs_fbab]eZ\m]he �h[juc\_q_jkm^Zjugymeu[gmekyhg_chlf_lb\^eyk_[yqlhijbkeZggu_bfp\_luijbgyeb [eZ]hkdehggh �h[juc\_q_jZr_kbyl_evkl\hmeu[gmeky\hl\_l@xeb :ggZiha\hevl_kdjhfghfmihqblZl_exZr_]hg_khfg_ggh]hlZeZglZijb]eZkblvZkgZm`bg h[jZlbekydg_c=hjqZdh\ij_^eZ]Zyhi_j_lvkygZ_]hkh]gmlmx\ehdl_jmdm GZm`bg"IjZ\hg_agZxqlhkdZaZlvkm^Zjv\_^vym`_ijb]eZr_gZklmr_\ZeZkvXe_gvdZ Gmqlh`meu[gmeky=hjqZdh\ijb^_lkyfg_ijbhldjulvaZ\_kmlZcgu LZcgu"\kdbgmeZgZg_]hm^b\e_gguc\a]ey^^_\mrdZ b^bl_eb:ggZm`bggZdhlhjucuijb]eZr_gumkljh_gfghxby`^ZeZkqlh[u khijh\h^blv\j_klhjZpbx ;jhkb\mdjZ^dhc\a]ey^baih^j_kgbphgZhdbgmeZ\ukhdmxnb]mjmFboZbeZ:e_dk__\bqZ =hjqZdh\[ueg_gZfgh]h\ur_R_oh\kdh]hghrbj_\ie_qZob\p_ehf\u]ey^_edm^Z \gmrbl_evg__k\h_]hijbyl_eyEbphbf_eijbylgh_ghdjZkZ\p_f_]hih`Zemcljm^gh[ueh gZa\ZlvL_fgu_ijyfu_\hehku[uebih^kljb`_gudm^Zdhjhq_q_ffy]db_ahehlbklu_dm^jbIhey Z\a]ey^_]hdZjbo]eZadZaZekykh\_jr_gghg_ijhgbpZ_fufbXeygbdZdg_fh]eZm]Z^Zlv_]h gZkljh_gby GmohjhrhZr_kbyl_evkl\hq_j_akbemmeu[gmeZkvXe_gvdZiha\heyy=hjqZdh\m\aylvk_[y ih^jmdmbm\e_qv\klhjhgmiZjZ^gh]h\oh^Z\l_Zlj WdbiZ`R_oh\kdh]hhgZm\b^_eZkjZamdZdlhevdh\ureZgZdjuevphghg_ih^ZeZ\b^m^Z`_lh]^Z dh]^ZIZ\_eGbdheZ_\bqklmibegZfhklh\mxkih^gh`dbAZf_lb\qlhhgkfhljblgZgbohgZ\^jm] h[_jgmeZkvdFboZbembhke_ibl_evghmeu[gmeZkv Zr_kbyl_evkl\hyaZ[ueZZkih[eZ]h^ZjblvaZk_cqm^guc[md_l =hjqZdh\m^b\e_ggh\a^_jgme]mklmxl_fgmx[jh\vg_\kbeZoihgylvklhev[ukljhci_j_f_gu\__ gZkljh_gbbMkZ`b\Zykv\wdbiZ`Xeymkbeb_f\hebaZklZ\beZk_[yg_h[hjZqb\Zlvkybg_kfhlj_lv gZR_oh\kdh]hImklv^mfZeZhgZImklvagZ_lqlhhgZ\ex[hcfhf_glfh`_l\u[jZlvdh]h m]h^ghZhgfh`_lijhb]jZlvk\h_aehihemqgh_iZjb H^gZdh`_klhbehlhevdhwdbiZ`mi_j_k_qviehsZ^vbhklZgh\blvkyhdhehN_gbdkZdZd\ky__ gZimkdgZy[jZ\Z^Zb\_k_ehklvbkq_aebmklmib\f_klhkh`Ze_gbxqlhhgZihlZdZyk\h_fmdZijbam gZwlhljZadZ`_lkyaZreZkebrdhf^Ze_dhAZq_fhgZklhevg_h[^mfZggh^ZeZihgylvdgyaxqlh ihhsjy_l_]hmoZ`b\Zgby"AZdmkb\]m[mXe_gvdZhibjZykvgZjmdmdgyaykimklbeZkvkih^gh`dbb jZ\ghkbevghijbagZgbxqlhhgZnZdlbq_kdbijbgyeZ_]hij_^eh`_gb_hihdjh\bl_evkl\_ Zr_kbyl_evkl\hjh[dhh[jZlbeZkvhgZdg_fmug_fh]eb[u\hclb\i_j_^f_gy" QlhZkkfmsZ_l:ggZ"mkf_ogmekyhgijZ\bevghbklhedh\Z\__fukebbkhfg_gby Y\k_]hebrvohqmbf_lvijZ\h\u[hjZ_^\Zkeurghhl\_lbeZhgZ YZf_]hij_^hklZ\exhl\_lbe=hjqZdh\g_kemrZy__\hajZ`_gbch[gbfZyaZlZebxbm\e_dZy \klhjhgm]hkl_ijbbfghjZkiZogmluo^\_j_cj_klhjZpbb ;h`_DZd`_[ulv"fukebebohjZ^hqghf_lZebkv\]heh\_IhdZ@xebjZa^mfu\ZeZgZ^l_fqlh _cij_^ijbgylvFboZbe:e_dk__\bqihfh]_ckgylvieZs_jg__hgkgyekg__ieZsg_hkh[h aZ[hlykvh__fg_gbbgZwlhlkq_lI_j_^Z\Zyh^_`^mijbkem]_Fbr_evh]ey^_e__bgZofmjbeky :ggZ\u]ey^_eZkebrdhfxghcbhq_gvgZim]Zgghc Boihy\e_gb_\aZe_[ueh\klj_q_gh[mcguf\ujZ`_gb_fjZ^hklbb\hklhj]ZXeymki_eZaZf_lblv aehjZ^gmxmkf_rdmWe_g_cm`_mki_eb^hg_klbhlhfqlhdgyavR_oh\kdhcbgl_j_kh\Zeky gh\hbki_q_gghcZdljbkhcbfi_jZlhjkdbol_Zljh\ghm\b^_\__k_cqZk\dhfiZgbbdgyay=hjqZdh\Z PDGHPRLVHOOHEZNhgl_cgijbreZdlhfm`_aZdhghf_jghfm\u\h^mqlhbhklZevgu_ ijbkmlkl\mxsb_ FboZbe:e_dk__\bqjZkiheh`beky\h]eZ\_klheZb^_\mrd_gbq_]hg_hklZ\ZehkvdZdlhevdh ijbk_klvaZklheihijZ\mxjmdmhlg_]hihkdhevdmwlm[ueh_^bgkl\_ggh_k\h[h^gh_f_klhXey gZlygmlhmeu[gmeZkvijbkmlkl\mxsbfeh\ygZk_[_ihgbfZxsb_\a]ey^ubmofuedbFboZbe `_klhfih^ha\ZehnbpbZglZ RZfiZgkdh]hjZkihjy^bekyhg JZaeb\rbimqbcgZiblhdihnm`_jZfhnbpbZglm^Zebeky=hjqZdh\ih\_jgmekydXe_ Yohqm\uiblvaZZkPDGHPRLVHOOHaZZrmki_oGm`_ih^[h^jbehg__mdZaZ\]eZaZfbgZ__ [hdZe @xeb\ayeZ_]h\jmdmbg_m\_j_gghmeu[gmeZkv\hl\_lJmdZ__^jh]gmeZbqZklvb]jbklh]h\bgZ ijhebeZkvgZkdZl_jlvAZf_lb\__g_j\haghklv=hjqZdh\kdehgbekydg_c :ggZkdZ`bl_qlhlZdkljZrblZk"aZ^Zehg_cg_h`b^Zgguc\hijhkY`_\b`mqlhu gZim]Zgu Zr_kbyl_evkl\hih^gyeZhgZgZg_]h]eZaZhlqZygghdjZkg_yumkljhbebm`bglhevdhbaaZ f_gy" =hjqZdh\jZkp_gbe__keh\Zihk\h_fmGZdehgb\rbkvdg_chgijhr_ilZe :ggZybkihegxex[hcZrdZijba[m^vlhf_oZ^jZ]hp_gghklb\k_qlhih`_eZ_l_ Xeybkim]Zggh\haajbeZkvgZg_]h^h]Z^Z\rbkvhlhf\dZdhfdhgl_dkl_hgbklhedh\Ze__keh\Z G_lg_lZr_kbyl_evkl\hYg_wlhbf_eZ\\b^mhlh^\b]Zykvhlg_]h_^\Zkeurgh\u^hogmeZ hgZ Kf_xaZf_lblvqlhuhlgx^vg_jZ^uwlhfmfZogmejmdhc\klhjhgmaZeZ ZfihdZaZehkvFboZbe:e_dk__\bq\u^Z\beZhgZbak_[yYhq_gv[eZ]h^ZjgZZfaZ ijb]eZr_gb_ G_m`_eb"Ihwlhfmug_k^_eZebgb]ehldZbg_ijbljhgmebkvdlZj_ed_"ktya\be=hjqZdh\ ?]hrbjhdZyeZ^hgvgZdjueZ__^jh`Zsb_iZevpug_j\ghdhfdZxsb_[_ehkg_`gmxkZen_ldmXey ihiulZeZkv\u^_jgmlvjmdmgho\ZldZklZeZ`_e_aghcIh^gy\]eZaZhgZaZf_jeZ\bkim]_ fg_dZ`_lkyqlhuqlhlhiulZ_l_kvmlZblvhlf_gy Xeykfhlj_eZ\wlbl_fgu_g_ijhgbpZ_fu_]eZaZbg_fh]eZhl\_klb\a]ey^Zhgbkeh\gh ijb]\ha^beb__df_klmGhihdZhgZebohjZ^hqghjZa^mfu\ZeZgZ^hl\_lhfFbr_ev\^jm] meu[gmeky_cg_h`b^Zgghl_iehchldjulhcmeu[dhcuimklb\__jmdmhg\ayenm`_jk rZfiZgkdbf ui_cl_:ggZWlhihfh`_lZfihqm\kl\h\Zlvk_[ydm^Zm\_j_gg__ uib\kh^_j`bfh_[hdZeZg_kdhevdbfb[hevrbfb]ehldZfbXeyihklZ\beZgZklheimklhcnm`_j bih^gy\]eZaZaZf_jeZ\g_ih^\b`ghklb Wlh]hg_fh`_l[ulvWlhijhklh^mjghckhgDgyavR_oh\kdhckh[kl\_gghci_jkhghcgZijZ\eyeky ijyfhdgbfAZf_lb\_]h=hjqZdh\mkf_ogmeky Ihev^jm`bs_lugbdZdhiha^ZegZij_fv_jm" M\u^_eZFboZbe:e_dk__\bqhlha\ZekyR_oh\kdhcmkZ`b\ZykvgZklmegZijhlb\Xeb dhlhjuc_fmlhlqZkhk\h[h^beb Xe_gvdZmdjZ^dhc[jhkbeZ\a]ey^\_]hklhjhgmblml`_hl\_eZ]eZaZ\klj_lb\rbkvkgZkf_reb\uf \a]ey^hfk_juo]eZa;h`_BdZd__m]hjZa^behhdZaZlvky\ih^h[ghckblmZpbb"Om`_b[ulvg_ fh`_l^hkZ^h\ZeZhgZ Ijh\h^b\\a]ey^hfIZ\eZGbdheZ_\bqZhl^\_jb^hklheZWe_g\_kv\_q_jlhb^_eh[jhkZeZ [uklju_\a]ey^u\_]hklhjhgm=ey^ygZlhdZd[u\rbcex[h\gbdg_k\h^bl]eZakwlhc ijh\bgpbZevghc\ukdhqdbhgZibeZh^bg[hdZeaZ^jm]bfZihlhfihklZ\b\k]jhfdbfklmdhf imklhcnm`_jih^gyeZkvbaaZklheZbg_l\_j^hcihoh^dhcgZijZ\beZkvijyfhdwlhcljhbp_ jZkiheh`b\r_cky\h]eZ\_klheZ DZdbgl_j_kghmkf_ogmeZkvhgZijhk_[yIhoh`_ijbyl_ebg_ih^_ebebf_`^mkh[hcgh\mx a\_a^m:e_dkZg^jbgdbIZ\_e\h\j_fyaZf_lbe__ijb[eb`_gb_bih^gyekygZ\klj_qmHgkebrdhf ohjhrhagZeWe_gqlh[ug_ihgylvqlhaeZymkf_rdZgZdjZkb\uo]m[Zoivyguc[e_kd\__]eZaZo _^\Zebkmeylqlhlhohjhr__HklZgh\b\rbkvgZijhlb\g_]hE_gZk\uah\hf]eygmeZ\]eZaZlh]h dh]hlZdbg_kfh]eZaZ[ulvHgZohl_eZqlhlhkdZaZlvghR_oh\kdhc[jhkb\ba\bgyxsmxky meu[dmhdjm`Zxsbfh[o\Zlbeh^ghcjmdhclhgdmxlZebxbm\e_d__\klhjhgmHklZgh\b\rbkv ihqlbm\uoh^ZbaaZeZhgjZa\_jgme__ebphfdk_[_ We_g;h]ZjZ^bg_mkljZb\Zcl_kp_guivyguijhrbi_ehg ;jhkb\lhj`_kl\mxsbc\a]ey^\klhjhgmaZeZE_gZlhfghkdehgbeZ]heh\mgZ_]hie_qh H^ZZr_kbyl_evkl\hyivygZIvygZZfbbgbq_]hg_fh]mkwlbfih^_eZlv\u^hogmeZhgZ ijb`bfZykvdg_fm Khklhjhguhgb\u]ey^_eb\ex[e_gghciZjhcbg_lhevdhXeyghbfgh]b_baijbkmlkl\mxsbo j_rbebqlhjZkklZ\rZyky[uehiZjhqdZ\gh\v\hkkh_^bgbeZkv G_kfhljygZrZfiZgkdh_bihiuldbFboZbeZjZa\_k_eblv__m`bg^eyXe_gvdbhdZaZekyly`_euf bkiulZgb_fHgZbebfheqZeZbebhl\_qZeZg_\ihiZ^b=hjqZdh\gZdhg_pk^ZekyAZfdgm\rbkv\ fjZqghffheqZgbbdgyavibeh^bg[hdZeaZ^jm]bfg_kimkdZykg__ebohjZ^hqgh[e_kl_\rbo]eZa MXebg_[uehkbekfhlj_lvgZwlbo^\hboqlhlboh[_k_^h\Zeb\klhjhg_hl\k_oijb`Z\rbkv^jm] d^jm]mH[_jgm\rbkvk\ufmq_gghcmeu[dhcd=hjqZdh\mhgZihijhkbeZhl\_alb__^hfhc uiblh_rZfiZgkdh_i_j_`blh_\heg_gb_bjZahqZjh\Zgb_k^_eZebk\h_^_ehIh^gy\rbkvbaaZ uoh^ybaj_klhjZpbbhgZklZjZykv^_j`Zlvkyijyfhh^gZdhhibjZeZkvgZjmdmk\h_]hijh\h`Zlh]h k]hjZa^h[hevr_ckbehcq_fwlh^himkdZebijbebqby b^y__aZljm^g_gby=hjqZdh\g_^he]h^mfZyijhklhih^o\Zlbe__gZjmdbb\g_kdhevdhrZ]h\ �ij_h^he_ejZkklhygb_hl^_ey\r__bohlwdbiZ`ZmkZ^begZkb^_gb_bkZfaZ[jZekyke_^hf\_jpZ dZj_luaZoehigmeZkvbehrZ^bljhgmebkvkf_klZDgyavk_ejy^hfk^_\mrdhcbXeyhsmlbeZdZd kbevgZyjmdZh[o\ZlbeZ__aZlZebxHgZihiulZeZkvhlh^\bgmlvkyghhdZaZeZkvlhevdhdj_iq_ ijb`ZlZdl\_j^hc]jm^bOf_evf]gh\_gghme_lmqbeky �Gmdm^Z`_lu"khkf_rdhfijhr_ilZeFbr_evp_emy__\bkhdmfZ_rvylZdijhklhhlimsm l_[y" G_gZ^hijhrmZkhl\hjZqb\Zykvhl_]hbsmsbo]m[iulZeZkv\uk\h[h^blvky@xeb ?cklZehkljZrghh^gZ\l_kghl_wdbiZ`ZgZ_^bg_kkbevgufbivyguffm`qbghcdhlhjuc kqblZ_l__gbqmlvg_emqr_h[uqghcdhdhldbDZdhgZgbkhijhlb\eyeZkvl\_j^u_]m[udgyay gZdjueb__fy]db_bg_`gu_ij_ju\Zy^uoZgb_bhlhlqZygbyXeymdmkbeZdgyayaZihegh\Zlmx gb`gxx]m[maj_\_\FboZbeqlh[uehkbeuhlr\ujgme__hlk_[ygZijhlb\hiheh`gh_kb^_gb_b gZhlfZrvm^ZjbeihebpmluevghcklhjhghceZ^hgb Xeykt_`beZkv\m]emKe_au[hebhlqZygbyb[_kkbeby[juagmebba]eZa �jygvijh[hjfhlZe=hjqZdh\\ulbjZydjh\vkijhdmr_gghc]m[uY\_^vfh]miheh\bgm I_l_j[mj]Z[jhkblvdl\hbfgh]ZfQlhaZ]emiu_b]ju"Bebl_[_R_oh\kdhc[hevr_ih\dmkm ijbr_eky"Bebijhklhj_rZ_rvdlhbagZk[hevr_\ueh`blaZl_[y" IjhrmZk^Zcl_fg_mclb_ebl_hklZgh\blvkyijhr_ilZeZhgZijb`bfZyeZ^hrdmd]hjys_c s_d_ WdbiZ`aZf_^ebeoh^hklZgZ\eb\Zykvhdheh__^hfZXeym`_k[bjZeZkv\ukdhqblvgZmebpmgh =hjqZdh\hklZgh\be__mo\Zlb\aZjmdmIjbih^gy\^\mfyiZevpZfb__ih^[hjh^hdFboZbe khkj_^hlhq_gghjZkkfZljb\ZehimormxbgZ]eZaZo[Z]jh\_xsmxs_dmLZf]^___dhkgmeky fZkkb\guci_jkl_gvhklZeZkv]em[hdZypZjZibgZJZkdZygb_f_evdgmeh\l_fguo]eZaZodgyay Ijhklbf_gyijhr_ilZehghklhjh`ghdZkZykvdhgqbdhfiZevpZdZi_evdbdjh\b\uklmib\r_cba jZgu G_k^_j`Z\rbkv^_\mrdZjZaju^ZeZkvkijylZ\ebph\eZ^hgyoReyidZkg__ke_l_eZ_s_lh]^Z dh]^Zdgyavhlr\ujgme@xebhlk_[ybmiZeZ]^_lhgZiheih^kb^_gb_Ly`_eh\a^hogm\ =hjqZdh\mkihdZb\Zyijb\e_d__dk_[_bijh\_eeZ^hgvxihkibg_ DZd`_fg_aZ\ljZgZkp_gm\uoh^blv"km^hjh`gho\ZlZyjlhf\ha^mo\koebigmeZhgZ G_ieZqvl_YhieZqmZf\k_m[uldbqlh[m^mlbaaZf_gyijhbag_kFboZbe XeyhljbpZl_evghihdZqZeZ]heh\hc G_gm`ghIjhklh^Zcl_fg_mclb =ey^y\__aZieZdZggu_]eZaZkihoh`bfbgZb]hehqdbkebirbfbkyhlke_aj_kgbpZfbFbr_ev hsmsZek_[yihke_^gbfg_]h^y_fIh\bgmykvg_`^Zgghfmihju\mhgh[o\Zlbe__fZe_gvdb_ eZ^hrdbbih^g_kybod]m[Zfijbgyekyihdju\Zlv[ukljufbihp_emyfb :ggZijhklbl_f_gyMfheyxZkr_ilZehgIha\hevl_fg_aZ]eZ^blvk\hx\bgm Y[hxkvZk\u^hogmeZXeykbeykvhlgylvmg_]hjmdbb\lh`_\j_fykljZrZkvgh\hc\kiurdb yjhklb f_gyIha\hevl_yohly[uijh\h`mZk\j_fym`_iha^g__ uc^ybawdbiZ`ZFbr_evih^Ze_cjmdmHgqm\kl\h\Ze^jh`v__jmdb\k\h_ceZ^hgb\b^_eqlh hgZklZjZ_lkyg_hibjZlvkygZg__Kimklb\rbkvkih^gh`dbXeyih^gyeZ]heh\mk\_l_mebqgh]h nhgZjy__dh`ZdZaZeZkv_s_[he__[e_^ghchlq_]hkbgydgZkdme_klZe\b^_g_s_[he__hlq_leb\h FboZbe\b^_edZd^jh`bl__gb`gyy]m[Ze_]dhqblZe\__]eZaZokljZo`_eZgb_k[_`Zlvhlg_]h g_h]ey^u\ZykvIjh\h^b\__^hiZjZ^gh]h=hjqZdh\m^_j`Ze__aZjmdm :ggZyihgbfZxqlhijbqbgbeZf[hevg_lhevdhl_e_kgmxghb^mr_\gmxbfg_dhg_qgh`_ g_lijhs_gbygh\k_`_iha\hevl_ohly[uihaZ[hlblvkyhZk ;eZ]h^ZjxFboZbe:e_dk__\bqghfg_g_gm`gZZrZaZ[hlZhklhjh`gh\ulZsbeZhgZk\hx eZ^hgvba_]hjmdbay[dhih_`beZkvgZoheh^ghfhdly[jvkdhf\_ljmk_]hZf^h[jh]hZr_ &#xu;&#xfg;&#x_;&#xij;&#x_i;&#xh^;&#xZe;�kbyl_evkl\hbkiZkb[haZmjhdqlhufg_ij_ih^ZebmfZxyg_kdhjh_]haZ[m^m JZa\_jgm\rbkvdg_fmkibghcXeyj_rbl_evghaZrZ]ZeZdiZjZ^ghfmg_\kihfbgZygbhreyid_ gbhp\_lZohklZ\rboky\wdbiZ`_=hjqZdh\kfhlj_e_c\ke_^^hl_oihjihdZhgZg_kdjueZkvaZ ^\_jvx Ly`_eh\a^hogm\FboZbejZa\_jgmekybih[j_edwdbiZ`mHgg_h`b^Zehlg__khijhlb\e_gby yjhklvaZlfbeZjZkkm^hddh]^ZhgZmdmkbeZ_]hImklvhgl_i_jvjZkdZb\Zeky\lhfqlhk^_eZegh m\ugbq_]hg_evay\_jgmlvB\k_`_qlh[ugb]h\hjbeZwlZ]hj^yqdZhgh[yaZgihaZ[hlblvkyh g_cjZam`ih_]h\bg_hgZdZdh_lh\j_fyg_kfh`_l\uclbgZkp_gm =eZ\Z �\_jviZjZ^gh]haZdjueZkvaZXe_cbhgZdb\gm\r\_cpZjmbklZjZykvg_ih\hjZqb\Zlvkydg_fm himor_cs_dhcgZijZ\beZkvde_klgbp_ijbkemrb\Zykvda\mdZfgZmebp_MkeurZ\a\md hlt_a`Zxs_]hwdbiZ`ZhgZh[e_]q_ggh\a^hogmeZbgZijZ\beZkvdk_[_\fZgkZj^mijh\h`Z_fZy \gbfZl_evguf\a]ey^hfijbkem]bDZdbflhqm^hf_co\ZlbehkbegZlhqlh[ug_ijbgm`^_ggh ih^gylvky^h\lhjh]hwlZ`ZZhklZ\rmxkyqZklvimlbhgZij_h^he_eZkljm^hfi_j_klZ\eyygh]bb p_ieyykvaZi_jbeZAZ^\bgm\fZkkb\gucaZkh\gZ^\_jb@xebijb\ZebeZkvdg_ckibghcbkiheaeZ gZiheHlkbevgh]hm^ZjZ]heh\Zg_sZ^gh[he_eZ]em[hdZypZjZibgZkZ^gbeZhimorZys_dZ imevkbjh\ZeZ]hjyq_c[hevxKfhqb\\oheh^ghc\h^_ieZlhd^_\mrdZijbeh`beZ_]hdebpm G_q_]h[uehb^mfZlvhlhfqlh[uihdZaZlvky\lZdhf\b^_\:e_dkZg^jbgd_Ghd=_^_hgh\mihclb \k_`ijb^_lky\a^hogmeZhgZ\hllhevdhdZdh[tykgblv\k_wlh"Gbdh]^Z_s_\__dhjhldhc `bagb__g_[bebihebpml_f[he__\hllZdgZhlfZrvkh\k_ckbeuIhdhcguciZi_gvdZ[Zeh\Ze__ k\_jo\kydhcf_jublhevdhk_]hkf_jlvxXe_gvdZihgyeZqlhebrbeZkvkZfh]h^hjh]hb[ebadh]h _cq_eh\_dZK_j`ijb`bagbhlpZg_h[jZsZ\rbcgZfeZ^rmxk_kljmgbdZdh]h\gbfZgby\jZa i_j_f_gbekydZdlhevdhklZeohaybghfmkZ^v[ugh^Z`_g_gZ\b^ysbc__[jZlgb_^bgh]hjZaZg_ ih^gyegZg__jmdmIhklmihdFbr_eyih\_j]__\rhdjZahfebrb\\k_obeexabch[eZ]hjh^kl\_ ex^_cghkysbo\ukhdbclblme Ijhkgm\rbkvihmljmhgZi_j\uf^_ehfih^hreZda_jdZembg_kfh]eZm^_j`Zlvke_aijb\b^_ k\h_]hhljZ`_gbyb^bl[h]_cg_h^bg^_gvihgZ^h[blkyqlh[uebph__ijbgyehij_`gbc\b^ hkh[_gghklb__im]ZeZq_jg_xsZyaZi_dr_ckydjh\vx]em[hdZypZjZibgZQlh_kebrjZfmg__gZ s_d_hklZg_lky"DZd`_hgZlh]^Zkfh`_l\uoh^blvgZkp_gm"\hexihkhdjmrZ\rbkvhk\h_f ]hj_klghfiheh`_gbbXeyaZkh[bjZeZkvk\bablhfd=_^_hgh\mgm`gh[uehij_^mij_^blv M`_h^_\rbkvbg_gZoh^yk\h_creyidb^_\mrdZ\kihfgbeZqlhdZihj__hklZeky\dZj_l_ =hjqZdh\Z=hkih^b^Zqlh`_wlh\kZfhf^_e_"jZkkljhbeZkvhgZ?_\q_jZrgbcljbmfngZkp_g_ h[_jgmekybklbggufdhrfZjhf\`bagbJZa\_fh`_lhgZk_cqZkiha\heblvk_[__s_dZdb_eb[h ljZlu_keb__`Zeh\Zgvy_^\Zo\ZlZ_lgZ_^mbdh_dZdb_f_ehqb"Ghijbfukebhlhfqlh[u h[jZlblvkyd=hjqZdh\mkijhkv[hc\_jgmlv__reyidmXeyihoheh^_eZGmm`g_lkg__^h\hevgh h[s_gbykdgya_fGZ^\bgm\dZdfh`ghgb`_gZebphdZixrhgieZsZhgZ\ureZba^hfZ hklZgh\beZba\haqbdZb\_e_eZ_oZlvgZ?dZl_jbgbgkdmxgZ[_j_`gmxHgZ_^\Zdb\gmeZ ijb\_lkl\h\Z\r_fm__r\_cpZjmbklZjZykvgbdhfmg_ihdZau\ZlvkygZ]eZaZ_^\Zebg_[_]hf gZijZ\beZkvddZ[bg_lm:e_dkZg^jZFboZceh\bqZIhklmqZ\bg_^h`b^Zykvijb]eZr_gby^_\mrdZ \hreZ @xeb"\kdbgmehggZg__m^b\e_gguc\a]ey^Ihq_fmua^_kvg_gZj_i_lbpbb" Ih^hc^y[eb`_XeyhldbgmeZkebpZdZixrhg �;h]fhc_\hqdZfhydlhZklZd"\a\hegh\Zgghkijhkbe=_^_hgh\ih^gbfZykvbaaZklheZb ih^oh^ydg_c[eb`_ Bf_gghihwlhfmyijbreZdZf\u^hogmeZ^_\mrdZZr_ij_\hkoh^bl_evkl\hyg_fh]m b]jZlvgugq_\_q_jhf :e_dkZg^jFboZceh\bqkhkj_^hlhq_gghjZkkfZljb\Ze__ebph �Zih`Zemc]jbfa^_kv[m^_l[_kkbe_gm^jmq_gghaZf_lbehgZkaZf_gblPDGHPRLVHOOHEZ Nhgl_cgHgZ_^bgkl\_ggZydlhohjhrhagZ_lZrmjhev Xey]hj_klgh\a^hogmeZF_gvr_\k_]h_cohl_ehkvmklmiZlvk\h_f_klhWe_ggh=_^_hgh\[ue ijZ\g_hlf_gylv`_ki_dlZdevgugq_\_q_jhflhevdhbaaZg__" :dlh`_[m^_lFZjnmb]jZlv"hkf_ebeZkvkijhkblvhgZ ImklvwlhZkg_[_kihdhbl@xebGhulZdbg_hl\_lbebgZfhc\hijhkdlhihkf_eih^gylv jmdmgZZk" XeyhimklbeZ]eZaZKlu^gh[uehijbagZ\Zlvky\lhfqlh__m^ZjbebdZdbhijbqbgZo ih[m^b\rbodgyaydlZdhfmihklmidm =hjqZdh\^h]Z^ZekyFboZbe:e_dkZg^jh\bq@xebu\_^_l_k_[yg_jZamfghQ_]hu ^h[b\Z_l_kv"ImklvZfg_ihgjZ\mijbr_ekyR_oh\kdhcghudZdy\b^_e[eZ]hkdehggh hlg_kebkvdmoZ`b\Zgbyf=hjqZdh\ZuaZl_fhl\_j]eb_]h\_^vyijZ\" �_\mrdZm^jmq_gghdb\gmeZ]heh\hc ukebrdhfxgubgZb\gu\a^hogme=_^_hgh\Fh`_lfg_bg_ke_^h\Zehih^lZedb\ZlvZk\ h[tylvygbh^gh]hbagbo lhfqlhkemqbehkvZr_c\bgug_llbohhl\_lbeZXeyk_^_eh\iZjb IZjb"DZdh__s_iZjb"\kdbgmeky:e_dkZg^jFboZceh\bq @xeb\djZlp_i_j_kdZaZeZ_fmbklhjbxdhlhjmx_cih\_^ZeZ]jZnbgyJZ^abgkdZyGZdZdh_lh \j_fy=_^_hgh\aZfheqZeg_j\ghjZkoZ`b\ZyihdZ[bg_lmG_lhqlh[uwlZbklhjby_]hihjZabeZgh ih^h[gh]hijbagZlvkyg_h`b^Ze^Z`_hgIhlhf\b^bfhijbgy\dZdh_lhj_r_gb_hgih\_jgmeky dg_c XebyEv\h\gZ]hem[mrdZ^Z`_g_agZxqlhZfkdZaZlvgZwlh;_amkeh\ghyg_\\hklhj]_ keurZlvih^h[gh_GZkdhevdhyihgbfZxgbh^bgbagbog_gZf_j_gmklmiZlvghbfg_wlb bagbobij_djZlbl_kb_[_ah[jZab_ Ghyg_ohqm\a^_jgmeZih^[hjh^hdXeyYg_ohqmih\lhjbeZhgZm`_qmlvlbr_ IhgbfZxqlhuh[b`_gugZ_]hkbyl_evkl\hdgyay=hjqZdh\Zbk_cqZkmZk_klvj_^dZy \hafh`ghklv^Zlv_fmwlhihgylv_^\ZaZf_lghmeu[gmeky:e_dkZg^jFboZceh\bqDlhfm`_ iha\heb\R_oh\kdhfmhdZau\ZlvZfihdjh\bl_evkl\hulhevdh\ub]jZ_l_IZ\_eGbdheZ_\bq fh`_l[ulv\_kvfZs_^juf �_\mrdZmijyfhihdZqZeZ]heh\hc=_^_hgh\\a^hogme IhklmiZcl_dZdkZfbkhql_l_gm`gufDhg_qghk_cqZkugm`^Z_l_kv\hl^uo_b\lhfqlh[u ijb\_klbk_[y\ihjy^hdMZkg_^_eygZwlhkm^Zjugyg_^h\hevghaZf_lbehg ;eZ]h^ZjxZkZr_ij_\hkoh^bl_evkl\hjh[dhmeu[gmeZkvXe_gvdZ G_klhblWlh\uqlmlbaZr_]h`Zeh\ZgvyfZogmehgjmdhc \r\r\r _jgm\rbkv^hfhcIZ\_egZibkZeaZibkdmIhebg\dhlhjhckhh[sZehk\h_fgZf_j_gbb ijb]eZkblvk_f_ckl\hDhr_e_\uogZij_fv_jm\l_ZljbhlijZ\b\eZd_y\_e_elhfmg_ij_f_ggh ^h`^Zlvkyhl\_lZKh[bjZykv\l_Zljhgij_ke_^h\Ze^\_p_ebijh\_klb\_q_jkIhebgbihklZjZlvky ihke_ki_dlZdeym\b^_lvkyk:gghcGZwlhlk_ahgR_oh\kdb_g_Zg]Z`bjh\Zebeh`m\ :e_dkZg^jbgd_bIhevieZgbjh\Ze\hkihevah\Zlvkyeh`_c=hjqZdh\ZFboZbe:e_dk__\bqaZ\_jbe qlh[m^_ljZ^\b^_lvb_]hbDhr_e_\uogZ\_q_jg_fij_^klZ\e_gbbR_oh\kdhfmijhimklb\r_fm \q_jZrgbc^_[xlPDGHPRLVHOOH;ukljbpdhcg_l_ji_ehkvm\b^_lvdZd:ggZ[m^_lb]jZlvk\hxjhev ghd_]h\_ebqZcr_fmh]hjq_gbxjhevEx[mrdbb]jZeZWe_gFbr_ev[ueg_\gZkljh_gbbb ijhkb^_e\_kv\_q_jgZofmjb\rbkv\]em[bg_eh`bbdZaZehkvkh\k_fg_[uem^b\e_gih^f_ghc �Zdljbku\wlhcihklZgh\d_Ihebgbhddb\hklhj`_ggh\gbfZebb]j_Zdl_jh\K_j`hldjh\_ggh kdmqZeZIZ\_eGbdheZ_\bqg_fh]^h`^ZlvkyhdhgqZgbyiv_kuqlh[ukijZ\blvkyhlhfqlh kemqbehkvk:gghcbihq_fm__jhevhl^ZebWe_gKlZjZykvgbq_fg_\u^Zlvk\h_chaZ[hq_gghklb �R_oh\kdhcjZa\e_dZe[_k_^hcIhebgmbhddbZihhdhgqZgbxki_dlZdeyijh\h^beDhr_e_\uo^h wdbiZ`Zbihh[_sZ\gZaZ\ljZgZg_klbbf\bablihki_rbe\_jgmlvkyFboZbeh`b^Ze_]h\nhc_ YlZdihgbfZxluki_rbrvm\b^_lvkykPDGHPRLVHOOH;ukljbpdhc"hklZgh\behg_]h Ihmkeh\byfiZjbwlhg_\ha[jZgy_lkyihiulZekyhlrmlblvkyIhevh^gZdhkeh\ZFboZbeZb\ hkh[_gghklblhllhgdhlhjufhgb[uebkdZaZgu\ua\ZebdZdmxlh[_ahlq_lgmxlj_\h]m Y^he`_gijbagZlvkyl_[_\a^hogme=hjqZdh\ IZ\_ehsmlbedZdg_ijbylgucoheh^hdijh[_`Zeihkibg_ijbwlbokeh\Zoijbyl_ey q_f"\u^hogmehg Y\q_jZhl\habe:ggm^hfhchl\_lbeFboZbe B"gZijy`_ggh]eZ^y\_]h]eZaZkijhkbeR_oh\kdhcih[m`^Zy_]hijh^he`blvgZqZlmxnjZam ;hxkvlug_gZc^_rv__aZdmebkZfb IZ\_efheqZk\_jebe_]h]eZaZfbh`b^Zyijh^he`_gby Y\q_jZi_j_[jZehimklbe]heh\m=hjqZdh\ Gm`_]h\hjbR_oh\kdhcklbkgmeiZevpu\dmeZdbhsmsZygZjZklZxsmx\^mr_iZgbdm hh[jZ`_gb_jbkh\Zeh_fmdZjlbguh^gmkljZrg__^jm]hc G_agZxqlhgZrehgZf_gyyihiulZekyihp_eh\Zlv__gh:ggZkhijhlb\eyeZkv g_fh]aZklZ\blvk_[yijhbag_klbwlbkeh\Z\kemo Ym^Zjbe__aZdhgqbe=hjqZdh\g_\kbeZoih^gylv]heh\mbihkfhlj_lv\]eZaZR_oh\kdh]h IZ\_eih[e_^g_ebfheqZjZa\_jgm\rbkv[ukljufrZ]hfgZijZ\bekyd\uoh^m^mr_kf_rZebkv aehklvgZFbr_eykljZoaZ:ggmg_^h\hevkl\hkh[hc=hkih^bgmihq_fm\q_jZhgiha\hebe FboZbemm\_alb__ihq_fm^himklbeqlh[uhghklZekykg_ch^bggZh^bg"HgihfgbedZd ijh\h`Zebo]eZaZfbb^Z`_m`_ihqlbj_rbekyih_oZlv\f_kl_kgbfbebrv[ug_hklZ\eylv =hjqZdh\ZgZ_^bg_k:gghcghlmlWe_gih\bkgm\gZ_]hjmd_ihijhkbeZijh\h^blv__^hfhc ihlhfmdZdkh\_jr_gghivygZbg_qm\kl\m_l\k_[_kbe^h[jZlvkykZfhklhyl_evghbhgg_kfh] hldZaZlv_cl_fghl_wdbiZ`ZE_gZevgmeZdg_fm\k_fl_ehflhfgh\a^uoZeZiheh`b\]heh\mgZ _]hie_qhgh\k___ihiuldbijh[m^blv\g_f[uehcbgl_j_klhevdhjZa^jZ`Zeb_]hIjh\h^b\__^h ^\_j_cd\ZjlbjuIhevm`_ohl_emclbbhdZaZekykh\_jr_ghg_]hlh\dlhfmqlhWe_g\kdbgm\ jmdb_fmgZr_xijb`f_lky]m[Zfbd_]h]m[ZfJmdbijb\uqghe_]ebgZlhgdmxlZebxbhg kgZqZeZhl\_lbegZ__ihp_emcghihlhfhihfgb\rbkvhlklmibegZrZ] Wlhgbq_]hg_f_gy_lijhr_ilZeba\bgyxsbfkylhghf]ey^y\__]eZaZL_[_g_ke_^h\Zeh wlh]h^_eZlv Ihq_fm"__]hehka\_g_ehlhlqZygbyb]hlh\uoijheblvkyke_aIhq_fmhgZ" Dlh"\a^jh]gmeR_oh\kdhc :ggZg_h`b^Zggh\udjbdgmeZE_gZkg_kdju\Z_fhcaeh[hcLu\_^vkZfk_]h^gy\b^_eqlhhgZ m`_\u[jZeZ=hjqZdh\ZDq_fml_[_^h[b\Zlvky__"G_ijb\uddihjZ`_gbyf" G_Zr_]hmfZ^_eh?e_gZE_hihev^h\gZhkZ^be__IZ\_eG_\f_rb\Zcl_kv\fhb^_eZ Ijhklbijhklbf_gylhlqZki_j_f_gbeZlhgWe_g �h[jhcghqbkm^Zjugyoheh^ghijhklbekykg_cR_oh\kdhcbhklZ\b\__klhylvgZe_klgbp_ ihki_rbe\gbad\uoh^mbaiZjZ^gh]h Ijbkehgb\rbkvkibghcdkl_g_We_gijbdjueZ]eZaZAeu_ke_aul_debbaih^jhkdhrguoj_kgbp ghhgZ^Z`_g_iulZeZkvmlbjZlvboImklvimklvl_dml^mfZeZhgZfh`_lg_[m^_llZd[hevgh ihlhfdh]^Zwlhlihlhdbkkydg_lZdh]^ZhldjueZ]eZaZ_^\Zg_\kdjbdgmeZm\b^_\\ihemfjZd_ keZ[hhk\_s_ggh]hiZjZ^gh]hkdehgb\r__kydg_cebphIhieZ\kdh]h:jbklZjodZaZekykh\_jr_ggh kihdhcguf ?e_gZE_hihev^h\gZ]hem[mrdZkZfb\k_ohjhrh"mqZkleb\hihbgl_j_kh\Zekyhg k_ij_djZkgh:jbklZjoIZ\eh\bqijZ\hg_klhbllZd[_kihdhblvkyh[hfg_ihiulZeZkv meu[gmlvkyE_gZbml_j_\ke_auluevghcklhjhghceZ^hgbgZreZ\k\h_fjb^bdxe_dexqb ihki_rbeZhli_j_lv^\_jv �h[jhcghqb:jbklZjoIZ\eh\bqmeu[gmeZkvhgZ_fmkd\havke_aubg_^h`b^Zykvhl\_lZ bkq_aeZaZ^\_jvxk\h_cd\Zjlbjublhjhieb\hih\_jgmeZdexq\aZfd_ IhieZ\kdbcklhyei_j_^^\_jvxd\ZjlbjuWe_gbaZ^uoZekyhl[_kkbevghcyjhklb_]hhiylv hl\_j]ebKlh]hkZfh]h^gydZdhgijb\_ePDGHPRLVHOOHEZNhgl_cgd=_^_hgh\mbj_dhf_g^h\Ze__ \dZq_kl\_Zdljbkuhgf_qlZehg_cghlh]^ZgZqbgZxsZyZdljbkZhldZau\ZeZkv^Z`_]h\hjblvk gbfgZwlml_fmijbdju\ZykvrZldhklvxk\h_]hiheh`_gby\l_Zlj_bhghlklmibeH^gZdh\kdhj_ __m`_hdjm`ZeblZdb_ihdehggbdbqlh:jbklZjob^mfZlvg_kf_ehkhi_jgbq_kl\_kgbfbZWe_g hdZaZeZkv\_kvfZijb\_j_^eb\hc\\u[hj_ihdjh\bl_e_cHgl_ji_eb\h`^Zek\h_]hqZkZbdZaZehkv ihfh]_cgZclbd\ZjlbjmbaZieZlbe__^he]biheZ]Zyqlhl_i_jvlhhgZ[m^_ldg_fm[eZ]hkdehggZ Ghk_]h^gy\_kv\_q_jWe_gklZjZeZkvijb\e_qv\gbfZgb_R_oh\kdh]hZihlhfm_oZeZkgbf^hfhc hlqZygbbIhieZ\kdbcdbgmekyaZgbfbke_^hf^Z`_g_ih^mfZ\hlhfqlh[m^_l^_eZlv^Zevr_M g_]hhle_]ehhlk_j^pZdh]^Zhg_^\Zg_klhedgmekyk\uoh^ysbfbaiZjZ^gh]hdgya_fbm\b^_\ ju^ZxsmxWe_gm`_]hlh\[ueijb`Zlv__dk\h_c]jm^bgh^Z`_k_cqZkhgZhlfZogmeZkvhlg_]hb aZoehigmeZ^\_jvi_j_^_]hghkhfQlh`?e_gZE_hihev^h\gZ[hevr_yZfg_iha\hex h[jZsZlvkykhfghcih^h[gufh[jZahfihh[_sZekZfk_[_IhieZ\kdbcih^gbfZykv\ kh[kl\_ggmxd\Zjlbjm :E_gZhklZ\rbkvgZ_^bg_kkh[hck^_jgmeZk]heh\ureyidmbr\ujgmeZ__ijyfhgZiheaZ reyidhcihke_^h\ZeieZs?cdZaZehkvqlhgh]b__gZebebkvk\bgphfbhgZg_\kbeZok^_eZlv [hevr_g__^bgh]hrZ]ZLy`_ehhimklb\rbkvgZkhnmhgZaZdjueZebphjmdZfbAZ\ljZhgZkgh\Z klZg_lijbfhc:e_dkZg^jbgdbkgh\Z\uc^_lgZkp_gmdk\hbfihdehggbdZfkhke_ibl_evghc meu[dhcgZmklZokgh\Z[m^_lb]jZlvlmjhevdhlhjZy_c^hklZeZkvGmZk_]h^gyhgZijhklh `_gsbgZmklZ\rZykeZ[Zybh^bghdZyHgZ\kihfbgZeZdZdihkfhlj_egZg__R_oh\kdhci_j_^l_f dZd_fmmclb\_]hk_juo]eZaZoqblZeZkv`Zehklvdg_cb[hevr_gbq_]hGh`Zehklvg_ihfh`_l _c\hajh^blvlhlih`ZjkljZklbqlh]hj_ef_`^mgbfb[he__]h^Z \r\r\r uc^ybal_ZljZR_oh\kdhcgZa\Z\\hagbp_Z^j_k^hfZ]^_kgbfZeZd\Zjlbjm:ggZaZ[jZeky\ wdbiZ`?fmdZaZehkvqlhdZj_lZ^\b`_lkykebrdhff_^e_ggh;uklj__;uklj__fuke_ggh ih^]hgyehgdmq_jZGZdhg_pehrZ^bhklZgh\bebkvbg_^h`b^Zykvdh]^Z\hagbpZhldjh_l^\_jpmb himklblih^gh`dmIheve_]dhkiju]gmegZa_fexR\_cpZjaZf_lb\[h]ZlucwdbiZ`miZjZ^gh]h m`_kihdehghfhldju\Ze^\_jbG_[j_`gh[jhkb\_fmqlhgZijZ\ey_lkyk\bablhf dPDGHPRLVHOOH;ukljbpdhcR_oh\kdhcihqlb[_]hfih^gyekygZihke_^gbcwlZ`bihklmqZeAZlZb\ ^uoZgb_hg`^ZeghaZ^\_jvx[ueZlbrbgZHgkgh\ZihklmqZegZwlhljZam`_]jhfq_b lj_[h\Zl_evg__ DlhlZf"jZa^Zekylbobc]hehkbaaZ^\_jb :ggZhldjhcl_ihijhkbehg Moh^bl_Zr_kbyl_evkl\h]emohijha\mqZe__]hehk :ggZyg_mc^m?kebug_hldjh_l_y\ug_kmwlmijhdeylmx^\_jvbih^gbfmgZgh]b\k_o Zrbokhk_^_cijb]jhabehg IhkeurZekykdj_`_lhlh^\b]Z_fh]haZkh\Z^\_jvijbhldjueZkvbihdZaZehkv[e_^gh_bkim]Zggh_ ebphXeyklZjZykvg_ih\hjZqb\Zlvkydg_fmbamjh^h\Zgghcs_dhcaZklueZgZihjh]_ QlhZfm]h^ghIZ\_eGbdheZ_\bq" G_]h\hjygbkeh\Zhghlh^\bgme__b\hc^y\ijboh`mxaZdjueaZkh[hc^\_jvay\__aZjmdm dZdj_[_gdZR_oh\kdhc\lZsbe__\]hklbgmxGZklhe_e_`Zebhldjulu_ghlu\klZjhf [jhgah\hfih^k\_qgbd_]hj_ebk\_qbhq_\b^gh^h_]hijboh^Z:ggZjZamqb\ZeZgh\mxiZjlbx IZ\_ehklZgh\bekyi_j_^g_cbhklhjh`gh\ay\__aZih^[hjh^hdih\_jgme__ebphdk\_lm K^Z\e_ggh_ijhdeylb_khj\Zehkvk_]h]m[ F_jaZ\_pijhrbi_ehg �_\mrdZ^_jgmeZkv\_]hjmdZobhlkljZgbeZkv kmab\rb_ky]eZaZR_oh\kdh]h :ggZuaZl_yebhiZkgmxb]jm\a^hogm\hl\_lbeIZ\_eJZa\_ug_agZ_l_qlh^jZagblv fm`qbgmhiZkgh" Yg_b]jZxgb\dZdb_b]juIZ\_eGbdheZ_\bqihdjZkg_\ih^_]hijbklZevguf\a]ey^hf hlha\ZeZkvhgZ JZa\_"\]hehk_dgyayy\kl\_gghijhklmibeaehckZjdZafu\_^vohl_ebih^jZagblvf_gy m_a`Zyk=hjqZdh\ufghg_ijbgyeb\h\gbfZgb_qlhFbr_evg_khieb\ucxg_pbg_ijb\udd hldZaZfihke_klhevy\ghjZklhqZ_fuoZ\Zgkh\ Yg_jZklhqZeZgbdZdboZ\Zgkh\H^gZdhyg_^_j`maeZgZFboZbeZ:e_dk__\bqZg_^jh]gm\ih^ _]hgZijy`_gguf\a]ey^hfiZjbjh\ZeZhgZFg_gm`gh[uehm_oZlvZu[uebkebrdhfaZgylu g_m^_j`ZeZkvhgZhlkZjdZafZlml`_fuke_gghh[jm]Z\k_[yaZwlmg_k^_j`Zgghklv Ihevmeu[gmeky__]hehk_lZdhlq_leb\hkd\habebj_\gb\u_ghldbklhevy\ghijhklmibeZh[b^Z gZg_]hFh`_l^eyg_]hg_\k__s_ihl_jygh :ggb]hehkR_ohkdh]hkfy]qbekyb^bl_dhfg_yZkg_h[b`mjZkdjuehgh[tylvy DZdaZqZjh\ZggZyXeyrZ]gmeZdg_fmbkijylZeZebphgZ_]h]jm^bdhevp_gZ^_`guojmd[ueh �lZdl_iehbmxlgh_\mrdZlbohgvdh\a^hogmeZdh]^Z_]h]m[ue_]dhdhkgmebkv__\bkdZHl_]h h^_`^ubkoh^belhgdbcZjhfZlo\hbbkZg^ZeZ?c\^jm]k^_eZehkvlZd]jmklgh=h^gZaZ^[u\Zym gbo\ihf_klv_hgkh\_jr_gghg_h[jZlbegZg__\gbfZgbyZk_cqZkdh]^Zwlh\gbfZgb_klZeh^ey g__klhevg_`_eZl_evguf[md\Zevghij_ke_^m_l__=^_kijZ\_^eb\hklvl\hy=hkih^b"\koebigmeZ hgZblZd^he]hk^_j`b\Z_fu_ke_auihl_debihs_dZfDZd[u[uehohjhrh_keb[uhgaZf_lbe__ _s_lh]^ZG_[ueh[uijhlb\gh]hQ_lbobgZ_c[ug_ijbrehkvkdju\Zlvkyhlk\hbojh^guoe]Zlv ba\hjZqb\Zlvkybkms_kl\h\ZlvgZkdm^gu_]jhrbqlhgZau\Zebkv__`Zeh\Zgv_f Hklhjh`ghih^o\Zlb\XexgZjmdbR_oh\kdhci_j_[jZeky\dj_kehmkZ^b\__dk_[_gZdhe_gb Ih]eZ`b\Zy\a^jZ]b\Zxsb_ie_qbbke_]dZdZkZykvih^[hjh^dhfiurguoehdhgh\gZ__fZdmrd_ IZ\_e`^Zedh]^ZhgZmkihdhblky\hexgZju^Z\rbkvhl`Zehklbdk_[_Xeykh\k_fh[_kkbe_eZb iheh`b\]heh\mgZ_]hie_qhihqm\kl\h\ZeZqlh__dehgbl\khgGZ^\hj_m`_^Z\gh[ueZ]em[hdZy ghqvb\a\_gys_clbrbg_[uehkeurghdZd\khk_^g_cd\Zjlbj_qZkuijh[bebiheghqvIhev ke_]dZihr_\_ebekybhgZlhlqZkhlgyeZ]heh\mhl_]hie_qZ Ijhklbl_Zr_kbyl_evkl\hijhr_ilZeZhgZ AZqlhijhklblv"lZd`_lbohhl\_lbehg Ih^gy\rbkv\f_kl_khk\h_cghr_cR_oh\kdhcijhr_edkiZevg_ IZ\_eGbdheZ_\bqg_gm`ghbkim]Zgghijhr_ilZeZ^_\mrdZdh]^Zhggh]hchldjue^\_jb\ dhfgZlm :ggbyg_k^_eZxZfgbq_]h^mjgh]hkihdhcghhl\_lbehghimkdZy__gZihkl_evIjhklh iha\hevl_fg_ih[ulvjy^hfkZfb Wlhg_ijbebqghZfg_evaya^_kvgZoh^blvkyih^gyeZkvhgZ Dlhh[wlhfagZ_ldjhf_f_gybZk"kijhkbehg:ggbymklZe\j_fyiha^g__ZwdbiZ`y hlimklbe Ohjhrhk^ZeZkv@xebLhevdhihh[_sZcl_qlh Qlhg_ljhgmZk"meu[gmekyIhevH[_sZx �]eZaZfbdhfgZlmbaZklueZIZ\_ekiZegZ^jm]hciheh\bg_djh\Zlbe_`ZgZkibg_ebggu_ j_kgbpu_]hqmlvih^jZ]b\Zeb\hkg_ebphjZkkeZ[behkvbhg\u]ey^_ekh\k_fxgufG_ihdhjgZy ijy^vk\_jgm\rbkvdhevphfmiZeZ_fmgZeh[Ghqvxdgyavkgyek\hciZjZ^gucfmg^bjbih\_kbe gZkibgdmklmeZqlhklhyei_j_^fZe_gvdbfljxfhhjhljm[ZrdbjZkiZogmekyh[gZ`ZydmjqZ\mx ahehlbklmxihjhkevgZ]jm^bIhcfZ\k_[ygZlhfqlhg_fh`_lhl\_klb\a]ey^Zhlklhevbglbfghc dZjlbguXey]mklhihdjZkg_eZHdZlbeh`Zjdhc\heghc^h^jh`b\dhgqbdZoiZevp_\aZohl_ehkv dhkgmlvky_]hijh\_klbeZ^hgvxihh[gZ`_gghcdh`_Lhjhieb\hhl^_jgm\jmdm^_\mrdZrmfgh \a^hogmeZbj_adhhlijygmeZhlg_]hR_oh\kdh]hjZa[m^beh__^\b`_gb_b_s_g_^hdhgpZ ijhkgm\rbkvhgi_j_o\Zlbelhgdh_aZiyklv_bijblygme__dk_[_G_m^_j`Z\rbkvXeymiZeZ ijyfhgZg_]h[hevghklmdgm\rbkvihkljZ^Z\r_cs_dhch_]hie_qhLboh\kdjbdgm\hgZ ihiulZeZkvih^gylvkyblmlIhevijhkgmekyhdhgqZl_evgh Ijhklblbohijhr_ilZehgYg_ohl_ek^_eZlvl_[_[hevgh IZ\_eGbdheZ_\bqZfemqr_mclbkZ^ykvgZdjh\Zlbbih\hjZqb\Zykvdg_fmkibghc ijhbag_keZhgZ a^hogm\dgyavih^gyekykdjh\ZlbHgZkeurZeZdZdhgh^_\Z_lkyaZ__kibghcdZdhldjueZkvb aZdjueZkv^\_jv\kiZevgxZihlhfoehigmeZ\oh^gZy^\_jvMr_eaZdmkbeZhgZ]m[m_jg_lky eb":_keb\_jg_lkylhaZq_f_cwlhgm`gh"G_m`lh]hlh\Zmklmiblv_fm"=hlh\ZhimklbeZhgZ ]heh\mg_\kbeZoe]ZlvkZfhck_[_DZdohq_lky[ulvkgbfDZkZlvky_]h^uoZlvZjhfZl bkoh^ysbchljZa]hjyq_gghcdh`b?c;h]mhgZjZkimlgbpZlZdZy`_dZd__fZf_gvdZihdhcgZy [ueZ\a^hogmeZ^_\mrdZbhk_gb\k_[ydj_klgufagZf_gb_faZr_ilZeZih^gbfZykvkdjh\Zlb =hkih^bg_\\_^bgZk\hbkdmr_gb_bba[Z\vgZkhlemdZ\h]h R_oh\kdhcr_e^hfhci_rdhcRbg_ev_]hhklZeZkv\wdbiZ`_ghhgg_aZf_qZeijhgbau\Zxs_]h hk_gg_]h\_ljZIjh\_klbghqv\ihkl_eb`_gsbgubijbwlhfg_dhkgmlvky__wlh[ueh^eyg_]h kh\_jr_gghg_h[tykgbfhHgdhlhjuciheh`bek_[_aZijZ\behgbdh]^Zg_hklZ\ZlvkygZghqvm k\hboex[h\gbp\^jm]baty\be`_eZgb_hklZlvky\wlhcl_kghcl_fghcd\Zjlbjd_k^_\bp_cdhlhjZy g_[hevghlh`Z`^_ljZa^_eblvkgbf\hklhj]biehlkdhcex[\bFZehlh]h\wlmghqv]ey^ygZg__ kiysmxb[_aaZsblgmxhghsmsZedZd\]jm^bjZaeb\Z_lkykljZggh_l_iehbg_ihgylghhldm^Z ihy\behkv`_eZgb_aZ[hlblvkybh[_j_]Zlvk^_eZlvlZdqlh[ugZ__]m[ZoqZs_f_evdZeZmeu[dZ h[jZs_ggZydg_fmqlh[ugbdlhbgbdh]^Zg_ihkf_e^Z`_iZevp_fdhkgmlvky__ IZ\_e\g_aZighhklZgh\beky=hkih^bdZdbf`_gZ^h[ulv^mjZdhfqlh[ug_ihgylvlh]hqlhkgbf kemqbehkvHg\ex[e_g\ex[e_gdZdfZevqbrdZbkh\_jr_gghg_khh[jZ`Z_lqlh^_eZ_lHgg_ fh`_lg_^mfZlvh[:gg_hgaZkuiZ_lbijhkuiZ_lkykfukeyfbhg_cghijbwlhfjZkklZ\rbkv \_q_jhfkhk\h_cg_\_klhc^Z`_gbjZamg_\kihfgbehIhebgGZ^hg_f_^eyih]h\hjblvk Fbr_e_fij_djZlblvwlh[_amfgh_iZjbQ_jl^Zhg]hlh\hl^Zlv_fmg_lhevdh;mcgh]h\k_qlh m]h^ghdjhf_:gguJZa\_jgm\rbkv\klhjhgmEbl_cgh]hhgg_\abjZygZjZggbcqZkj_rbl_evgh gZijZ\bekyijyfhd^hfm=hjqZdh\Z H`b^ZyFboZbeZ:e_dk__\bqZdgyavR_oh\kdhcg_j\ghjZkoZ`b\Zeihjhkdhrghh[klZ\e_gghc ]hklbghc=hjqZdh\dhlhjuclhevdhba\hebeijhkgmlvky\ukemrZ\^hdeZ^hjZgg_f\babl_j_ gZdbgmegZie_qbreZnjhdbihki_rbekimklblvky Qlhkemqbehkv"\oh^y\dhfgZlmbiehlghijbdju\Zy^\_jvihbgl_j_kh\Zekyhg YijbagZxk_[yijhb]jZ\rbfbhl^Zfl_[_;mcgh]hlhevdh;h]ZjZ^bhklZ\v\ihdh_:ggm =hjqZdh\g_h`b^Z\rbcgbq_]hih^h[gh]hihiylbekyb[md\ZevghmiZe\dj_keh QlhgZl_[ygZrehPRQDPL"hrZjZr_gghkijhkbehgLuqZkhfmfhfg_ljhgmeky" Qlh_klvlh_klvmkf_ogmekyIZ\_eGZ^h[ulvkmfZkr_^rbfqlh[uijbagZ\Zlvkyl_[_k_cqZk\ wlhfYex[ex__\u^hogmehgEx[exdZdgbdh]^Zgbdh]hg_ex[be :ggm"hi_rbe=hjqZdh\ :ggmih^l\_j^beR_oh\kdhc Lub\ijyfvebrbekyjZkkm^dZihfheqZ\g_dhlhjh_\j_fyhlha\ZekyFboZbe:dZd`_Ihebg" G_agZxG_kijZrb\Zcf_gyk_cqZkgZofmjbekyIZ\_e Fhcl_[_kh\_l\u[jhkbwlm[eZ`vba]heh\uih^gbfZykvkdj_keZaZf_lbe=hjqZdh\HliZjb ydhg_qghhldZ`mkvb`_j_[pZl\h_]hg_\havfmghIhevFboZbejZa\_ejmdZfblukZflhk_[y keurbrv"LuhkhagZ_rvhq_f]h\hjbrv" lhflhb[_^ZqlhkeurmbihgbfZxjZa^jZ`_gghhl\_lbeR_oh\kdhc QlhluagZ_rvhg_cdjhf_lh]hqlh__ah\ml:ggZbnZfbeby__;ukljbpdZy"aZ\_ekyFbr_ev Fh`_lwlh\h\k_bg___bfy"Fh`_lhgZohehidZqvy[_]eZy"Fh`_lij_klmigbpZ"Ihev h^mfZcky �h\hevghh[hj\Ze_]hR_oh\kdhcYkZfj_rmqlhfg_^_eZlv IZ\_eihfgbehk\h_fh[_sZgbbgZg_klb\bablDhr_e_\ufHgly]hlbekywlbf\b^_lvkykIhebg _fmk_cqZkg_ohl_ehkvgh\lh`_\j_fyR_oh\kdhcihgbfZeqlh^he`_gh[tykgblvkykg_cHgg_ fh`_lijh^he`Zlv__h[fZgu\ZlvhgZg_aZkem`beZwlh]hImklvhggbdh]^Zg_kfh`_lgZa\Zlv:ggm k\h_c`_ghcihlhfmqlhh[s_kl\hg_ijhklbl_fmih^h[gucf_aZevygkghm`emqr_hghklZg_lky ohehklydhf^hdhgpZ^g_ck\hbog_`_ebhldZ`_lkyhlkqZklvy[ulvkg_c:ggZg_bal_odlh kh]eZkblky[ulvkh^_j`Zgdhc`_gZlh]hfm`qbgughfh`_l[ulvhgZkh]eZkblkyjZa^_eblvkgbf `bagv_kebhg[m^_lojZgblv\_jghklv_ch^ghc" Ih^t_a`Zyd^hfm]^_hklZgh\bebkvDhr_e_\uIZ\_e\k_[hevr_fjZqg_eEZd_cijh\h^be_]h\ kZehg]^__fm^h\h^behkv[u\Zlvg_jZabg_^\ZHklZgh\b\rbkvmhdgZIhevkfhlj_egZmebpmgh g_\b^_elZfgbq_]hk__]hfukeb[uebk_cqZkk^jm]hcHgkeurZedZdhldjueZkv^\_jvaZ_]h kibghce_]db_rZ]bihimrbklhfm\hjkmdh\jZghg_[uehkbeh[_jgmlvkyihkfhlj_lv\]eZaZlhc dhlhjhcij_^eh`beklZlv_]h`_ghc\k_]hebrv^\Z^gygZaZ^=hkih^bgmihq_fmhgjZgvr_g_ kfh]ihgylvqlhaZqm\kl\hl_jaZeh_]hbg_^Z\Zehihdhy"Dh]^Zk_]h^gyjZggbfmljhf_fm\^jm] aZohl_ehkvkdZaZlv:gg_wlbijhklu_ljbkeh\ZhgkZfbkim]Zekyl_oqm\kl\qlhhgZ\ua\ZeZ\g_f bijhfheqZeMr_eg_kdZaZ\gbkeh\Z IZ\_eGbdheZ_\bqmkeurZehglbobc]hehkaZk\h_ckibghc H[_jgm\rbkvR_oh\kdhcaZklueijb]hlh\e_ggu_aZjZg__keh\ZaZf_jebgZ]m[Zo\]hem[uo]eZaZo Ihebgk\_lbeZkvlZdZyjZ^hklvhl\klj_qbkgbfqlhhgijhklhg_kfh]lZd`_klhdhkimklblv__k g_[_kgZa_fexMeu[gm\rbkv_c\hl\_lIhevih^g_kd]m[Zflhgdb_iZevqbdb IhebgZEv\h\gZjZ^\b^_lvZkFh]myijb]eZkblvZkgZijh]medm"ijhbag_khg\f_klhlh]h qlhkh[bjZekykdZaZlv_ckkZfh]hgZqZeZ K;hevrbfm^h\hevkl\b_fIZ\_eGbdheZ_\bqmeu[gmeZkvIhebgZYlhevdhh^_gmkv IZ\_e\gh\vhklZeky\h^bghq_kl\_bh`b^ZyIhebgm\^mr_jm]Zek_[yihke_^gbfbkeh\Zfb KimklyiheqZkZihfh]Zy_cih^gylvky\dheykdmR_oh\kdhcijb\b^___g_ih^^_evgh]h\hklhj]Z ihfjZqg_e_s_[hevr_HgkZfk_[yaZ]gZe\eh\mrdmDZdhgfh]^Z`_ih^mfZlvhlhfqlh[u `_gblvkygZIhebg_baZ\_klbbgljb`dmk:gghc"kx^hjh]mdgyavfheqZeIhebgqm\kl\my_]h gZkljh_gb_lh`_mfhedeZ]Z^ZyqlhklZehijbqbghc_]hfjZqgh]hfheqZgbyF_klhfijh]medbih kljZgghcijbohlbhg\u[jZe?dZl_jbgbgkdbckd\_jjy^hfk:e_dkZg^jbgkdbfl_Zljhf=meyyih Zee_yfih^jmdmkIhebghcR_oh\kdhcjZkdeZgb\ZekykhagZdhfufbfmqbl_evghjZa^mfu\ZydZd kdZaZlv_chlhfqlhhg\ex[e_g\^jm]mx IhebghklZgh\bekyhgZfdh]^Zgb[m^v^h\h^behkvkh\_jrZlvhrb[dbdhlhju_fh]eb[u ih\ebylvgZ\kxZrm^Zevg_crmx`bagv"kijhkbehgbaZf_j\h`b^Zgbb__hl\_lZ Ihq_fmukijZrb\Z_l_f_gyh[wlhf"lbohkijhkbeZhgZdZdbflhr_klufqm\kl\hfm]Z^Z\qlh hgohq_lkdZaZlv_c Fg_g_lijhs_gby^_eZyZfij_^eh`_gb_ykh\_jrbehrb[dm\a^hogmeIZ\_e DZdwlh"g_\kbeZoih\_jblv\mkeurZggh_kfhj]gmeZIhebgZih^klmib\rb_d]eZaZfke_au YagZxqlhihklmibeih^ehihhlghr_gbxdZfghu_c;h]mg_aZkem`b\Z_l_mqZklb g_ex[bfhc`_guYg_ex[exZkIjhklbl_Yex[ex^jm]mxhimklbe]eZaZR_oh\kdhc A\mdihs_qbguaZklZ\beh]eygmlvkyijhoh^b\rmxfbfhiZjm?s_h^gbfg_qZyggufk\b^_l_e_f wlh]hklZedgyav=hjqZdh\\ha\jZsZ\rbckyihke_g_ijbylgh]hjZa]h\hjZk=_^_hgh\ufHgagZe qlhhlg_]h:ggZ^_g_]g_ijbf_lihwlhfm\ugm`^_g[ueh[jZlblvkykwlhcijhkv[hcd:e_dkZg^jm FboZceh\bqmZlhlg_ij_fbgme\ukdZaZlv_fm\k_qlh^mfZ_lh_]hihklmid_Hl\_lblvFboZbem [uehg_q_]hhgbkZfagZeqlhdjm]hf\bgh\Zlbl_i_jv[j_eihkd\_jmgbq_]hg_\b^y\hdjm]ihdZ g_ih^gye]heh\mgZa\mdihs_qbguMagZ\`_\aZklu\r_cgZZe__iZj_k\h_]hemqr_]h^jm]Zb PDGHPRLVHOOHDhr_e_\mhgaZf_jg_m`_ebIhevj_rbekyjZklhj]gmlvimklvbg_h]eZr_ggmxgh �\k_`_ihfhe\dm"GhdZdh\ZIhebgjm]Zy[u\h[fhjhdmiZeZZhgZhl\_kbeZR_oh\kdhfm ihs_qbgmhll_[_bkdjhfgZyijh\bgpbZedZ G_gZ\b`mZkijhp_^beZIhebgZkd\havklbkgmlu_am[uKe_aul_debih__s_dZfghhgZ^Z`_ g_iulZeZkv\ulbjZlvbo IjZ\hyaZkem`bebwlhbZrmg_gZ\bklvg_\_k_ehmkf_ogmekyIhevIha\hevl_yijh\h`mZk ^hfhc ha\jZsZebkv\iheghffheqZgbbIhebgZklZjZeZkvg_kfhlj_lvgZg_]hK_j^p_guehhl g_kl_jibfhc[heb;h`_dZd`_[hevgh\gh\vl_jylvgZ^_`^mGh_s_[hevg__[uehhkhagZ\Zlvqlh R_oh\kdhc\ex[e_g\^jm]mxLhevdh^jm]Zy`_gsbgZfh]eZaZklZ\blv_]hijbgylvlZdh_j_r_gb_ ?^\ZdheykdZhklZgh\beZkvi_j_^iZjZ^guf^hfZ]^_hgbijh`b\ZebIhebgZg_^h`b^Zykvdh]^Z dgyavih^Zkl_cjmdmih^h[jZeZx[dbbkZfhklhyl_evghkimklbeZkvkih^gh`db G_ljm^bl_kvijh\h`Zlvf_gyZr_kbyl_evkl\hh[_jgmeZkvhgZdg_fmIjhsZcl_IZ\_e GbdheZ_\bq Ihebgu[m^_l_kqZkleb\uh[yaZl_evghghg_khfghcmklZehmeu[gmekyR_oh\kdhcu qm^_kgZy^_\mrdZmfgZy^h[jZybhq_gvdjZkb\Zy Ghg_^eyZk]hjvdhaZdexqbeZhgZ Ghg_^eyf_gykh]eZkbekyhgIjhsZcl_Ihebg JZa\_jgm\rbkvhge_]dhih^gyekygZih^gh`dmbijbdZaZ\\hagbp__oZlvih\q_jZrg_fmZ^j_km hkZ^hdhllh]hqlhhgh[b^_e__ R_oh\kdhcih^gbfZykvihm`_agZdhfhc_fme_klgbp_iulZeky\aylvk_[y\jmdbHgkljmkbemljhf ijbagZlvky:gg_\k\hboqm\kl\Zobihke_lZdhcghqbgZiheg_gghcg_\ujZabfhcg_`ghklvxdh]^Z hgZ^h\_jbeZkv_fmijhklhk[_`Zeg_kdZaZ\gbkeh\ZDZdl_i_jvhgZ\klj_lbl_]h"GZ^h[ueh p\_ludmiblv\^jm]ih^mfZehkv_fmDq_jlmp\_luwlhm`_[uehaZf_jhgi_j_^^\_jvx__ d\ZjlbjuHgih^gyejmdmqlh[uihklmqZlvgh^\_jvlhlqZkjZkiZogmeZkv=ey^ygZg_]h:ggZ fheqZhlklmibeZijhimkdZy_]h\l_kgmxfZe_gvdmxijboh`mxHgZihk\h_fmh[udgh\_gbx kb^_eZaZ[jZ\rbkvkgh]ZfbgZih^hdhggbdbqblZeZgh\u_ghluqlhijbkeZe_c=_^_hgh\dh]^Z kemqZcgh\a]ey^__miZegZih^t_oZ\rmxdheykdmHgZkjZammagZeZlh]hdlhlZdihki_rgh\u[jZeky bawdbiZ`ZbhlhkeZedmq_jZ\eZklguf\afZohfjmdbK_j^p_aZdhehlbehkv\]jm^b]jhayijh[blv ]jm^gmxde_ldmkbehck\hbom^Zjh\ @xebijhreZ\dhfgZlmkibghchsmsZy_]hijbklZevguc\a]ey^HgZkeurZeZ_]hrZ]bgh\k_`_ \a^jh]gmeZdh]^Z_]heZ^hgbhimklbebkv_cgZie_qb :ggZmkeurZeZhgZ_]hr_ihlgZ^mohf XeyjZa\_jgmeZkvdg_fmebphfDgyav[ueg_h[uqZcghk_jv_a_gK_ju_]eZaZdZaZehkv �aZ]ey^u\Zeb\^mrm_\mrdZi_j_\_eZ\a]ey^gZ_]h]m[u G_kfhljbl_lZdgZf_gy:ggblbohijhbag_khgBebyaZk_[yg_jmqZxkv DZdIZ\_eGbdheZ_\bq"kijhkbeZhgZ R_oh\kdhcmeu[gmekyghgZ__\hijhkg_hl\_lbe :ggbuihfgbl_yijhkbeZkklZlvfh_cex[h\gbp_c"kijhkbehg �_\mrdZhl\_jgmeZkv Ihfgx]emohhl\_lbeZhgZYhldZaZeZkvlh]^Zbk_cqZkgbq_]hg_baf_gbehkvZr_ kbyl_evkl\h Ihevh[gy\__aZlZebxjZa\_jgmedk_[_ebphfG_k^_j`Z\rbkvgZdehgbe]heh\mbijb`Zeky ]m[Zfbd__]m[Zf\ugm`^Zyih^qbgblvkyMp_ib\rbkvaZg_]h@xebijbgbdeZdg_fm Hlhj\Z\rbkvhlg__IZ\_ei_j_\_e^uoZgb_ ue`_l_bk_[_bfg_ijhr_ilZehghklhjh`ghdZkZykvihp_em_fijbimor_cs_dbY[hevr_ g_ihijhrmZkklZlvex[h\gbp_clhevdh\haex[e_gghc:ggbyex[exZk XeyaZf_jeZ\_]hh[tylvyorbjhdhjZkiZogm\]eZaZ=heh\Zdjm`beZkvhl_]hijbagZgby G_fheqbl_ijhrmZkih]eZ`b\Zy[hevrbfiZevp_f__gb`gxx]m[mihijhkbehg Yg_fh]m\u^hogmeZhgZG_fh]mgbq_]hkdZaZlvZfYZfg_\_jx R_oh\kdhchlkljZgbeky Yg_fh]mij_^eh`blvZfkmijm`_kl\hghdeygmkvZfgbdZdZy^jm]Zy`_gsbgZgbdh]^Zg_ klZg_lfh_c`_ghc G_deygbl_kvZr_kbyl_evkl\hG_h[_sZcl_lh]hq_fmk[ulvkyg_km`^_ghijbeh`beZiZe_pd _]h]m[ZfXey :ggbyk_]h^gyjZahj\Zeihfhe\dmkqm^_kghc^_\mrdhcb\k_ihlhfmqlhg_fh]mij_^klZ\blv k\h_c`bagb[_aZk u[uebihfhe\e_gu"\kdbgmeZhgZgZg_]hm^b\e_gguc\a]ey^ �Z]jmklghmeu[gmekyR_oh\kdhc;hxkvIhebggbdh]^Zg_ijhklblfg_wlh]h =hkih^b;h`_Wlhqlh`_g_kfhljygZhlkmlkl\b_agZlghcjh^hkeh\ghcdgyavij_aj_\\k_ mkeh\ghklb\k_`_k^_eZeij_^eh`_gb_Ihebg_"G_m`_ebhgZihi_j_dkqZklvyk_kljuk\h_cklZeZ" Yex[exZkih\lhjbeIZ\_eEx[exbg_bf_xijZ\Zh[fZgu\Zlvgb__gbZk H;h`_@xebhlhreZdhdgmmklZ\b\rbkv\g_]hg_\b^ysbf\a]ey^hf :ggZg_ijh]hgycl_f_gyhgZ\gh\vhsmlbeZ_]hjmdbgZk\h_clZebb]m[udZkZxsb_ky__r_b\ lhff_kl_]^_dhjhldb_aZ\bldb\u[b\Zebkvbaijbq_kdb Fukeb__kf_rZebkvG_m`_ebwlhijZ\^Z\k_qlhhg_ck_cqZkkdZaZe":fh`_l\k_^_eh\iZjb" \a^jh]gmeZhgZ IZ\_eGbdheZ_\bqjZa\_jgmeZkvhgZ\_]hh[tylvyoghhgg_^Ze_c^h]h\hjblvaZi_qZlZ\jhl ihp_em_f Qlh[uugb]h\hjbeby\k_]^Z[m^mjy^hfkZfbijh^he`behgFh`_llh]^Zuih\_jbl_\ bkdj_gghklvfh_]hqm\kl\ZdZf u\_jgm\rbkvbah[tylbcdgyay@xebhlhreZgZ[_ahiZkgh_jZkklhygb_R_oh\kdhck^_eZe[ueh rZ]ihgZijZ\e_gbxdg_cgh^_\mrdZ\uklZ\b\i_j_^kh[hcjmdbmfheyxs_]eygmeZ\_]h]eZaZ ukemrZcl_f_gyZr_kbyl_evkl\h IZ\_ehklZgh\beky GZkkZfbjZa^_ey_lijhiZklvgZqZeZhgZJZghbebiha^ghZfgZkdmqblfh_g_ijblyaZl_evgh_ h[s_kl\hQlhlh]^ZklZg_lkhfghc"F_gy`^_lmqZklvPDGHPRLVHOOHEZNhgl_cg" :ggZuaZ[em`^Z_l_kvYgbdh]^Zg_jZkklZgmkvkZfb G_h[_sZcl_lh]hq_]hg_\kbeZobkihegblvMZk_klv^he]i_j_^k_fv_cbZrb[ebadb_g_ ^himklylqlh[uuihgZijZkgmjZkljZlbebk\hx`bagvkdZdhclhZdl_jdhcuijb\udebihemqZlv \k_qlhih`_eZ_l_bk_cqZk\Zk]h\hjblhlgx^vg_qm\kl\hZmya\e_ggh_kZfhex[b_i_j_[beZ hgZ_]hY`_`b\mgZ^_`^hcqlhdh]^Zgb[m^v\klj_qmq_eh\_dZ^eydhlhjh]hfh_iheh`_gb_ Zdljbkug_klZg_ldZfg_fij_ldgh\_gbybyihemqmij_^eh`_gb_gbq_]hh[s_]hkZrbfg_ bf_xs__Lh]^Zykfh]mhklZ\blvfh_j_f_kehb`blvg_[hykvkfhlj_lv\]eZaZex[hfm WlhZr_ihke_^g__keh\hPDGHPRLVHOOH"kmohihbgl_j_kh\ZekyIhev �ZIZ\_eGbdheZ_\bqZfemqr_mclbdb\gmeZhgZ]heh\hc ug_ih\_jbebfg_mkf_ogmekyhgY^mrmi_j_^Zfbh[gZ`beZu GZf\k_fk\hckl\_gguihju\u\dhlhjuofuihlhf[m^_fjZkdZb\Zlvkyg__^bgh`^uhimklb\ ]eZaZhl\_lbeZhgZYg_ohqm[ulvlZdbfihju\hfIjhsZcl_Zr_kbyl_evkl\h �hk\b^Zgby:ggZ IjhsZcl_mijyfhihdZqZeZhgZ]heh\hcZfg_lgm`^uijboh^blvkx^Zyg_i_j_f_gxk\h_]h j_r_gbyEmqr_\ha\jZsZcl_kvdk\h_cg_\_kl_M\_j_gZhgZijhklblZk =eZ\Z _jgm\rbkv^hfhcihke_ijh]medbkR_oh\kdbfIhebgZohl_eZlbohkijylZlvky\k\h_cdhfgZl_ �gh\]hklbghcmxlghmkljhbebkvK_j`bhddbbijhclbfbfhgbog_aZf_q_gghc[uehkh\_jr_ggh �g_\hafh`ghJZamf__lkyhddb[md\ZevghjZkibjZehhlex[hiulkl\ZbhgZ[md\ZevghgZ[jhkbeZkv gZg__k\hijhkZfbghIhebgZlhevdhhlfZogmeZkvbaZ`Z\mrbjmdZfb\[_`ZeZ\k\hxdhfgZlmB lhevdhih\_jgm\\^\_jyokiZevgbdexqb[_akbemiZ\\dj_kehhgZkfh]eZ^Zlv\hexke_aZfqlh ^_j`ZeZ\k_[_kfhf_glZijhsZgbykR_oh\kdbf;h`_DZd[hevghG_m`lhwlhfh`gh\ug_klb" ^_j`Zlv_]h\k\hbojmdZob\^jm]mimklblvmiZklvjZa[blvkygZhkdhedbDZd`_gZclb\k_[_kbeu g_ihdZaZlvk\h_c[hebg_^Zlvih\h^Z^ey`ZehklbbgZkf_r_dl_odlh_s_\q_jZaZ\b^h\Ze_c" Kh\_jr_gghh]emr_ggZyk\hbf]hj_fhgZg_keurZeZgb\klj_\h`_ggh]h]hehkZkghobaZ^\_jvx gblj_[h\Zgbc[jZlZhldjulvwlmq_jlh\m^\_jvblhevdhdh]^ZK_j]_c\uehfZ\aZfhd\hj\Zeky\ dhfgZlmhqgmeZkvhlk\hbo]hj_klguo^mf IhebggZqZe[uehhgghhk_dkym\b^_\bafmq_ggh_[e_^gh_ebphk_klju Ih^hc^yddj_kemK_j`himklbekygZdhe_gbjy^hfkk_kljhcb\aye\jmdboheh^gu_dZde_^ eZ^hgb IhexrdZjh^gZyfhyqlhklh[hc"iulZykvaZ]eygmlv_c\]eZaZlbohkijhkbeDhr_e_\G_m`lh h[b^_el_[ydgyav" Fh`ghebh[b^hcjZa[blu_f_qlugZa\Zlv"ijhr_ilZeZIhebgZih^gbfZygZg_]h]eZaZHg kdZaZeqlhhrb[kyK_j`jZkkf_yeZkvhgZbkl_jbq_kdbfkf_ohfY_]hhrb[dZ DZdwlhIhebg"DZdhrb[ky"lbohgvdh\kljyogme__K_j]_c\klj_\h`_ggucbwlbfkf_ohfb kmfZkr_^rbf[e_kdhf]eZaboeZ^hfeZ^hg_c IZ\_eGbdheZ_\bqkdZaZeqlhhrb[ky\u]h\hjbeZhgZkdjb\b\]m[u\]hjvdhcmkf_rd_ Ij_^eh`_gb__]h[uehhrb[dhcihlhfmdZdhgihgyeqlhg_iblZ_ldhfg_]em[hdboqm\kl\ Dhr_e_\\uijyfbekyihl_jdhgqbdZfbiZevp_\eh[b\bkdbdZd^_eZe\k_]^Z\fbgmlukbevgh]h ^mr_\gh]h\heg_gby Wlh\b^bfh^mjghckhgijh[hjfhlZehg^\Z^gyfbgmehkq_]h[u_fmlZdi_j_f_gblvkyd l_[_" IhebgZ\kdbgmeZgZ[jZlZaZieZdZggu_]eZaZ Hgg_f_gyekyHggbdh]^Zg_ex[bef_gyK_j`IZ\_eGbdheZ_\bqfg_kZf\lhfijbagZeky G_fh`_lwlh]h[ulvG_fh`_lg_j\ghijhrzekyihdhfgZl_K_j]_c?s_\DmavfbgdZoy[ue m\_j_gqlhdgyavdl_[_bgl_j_kbf__lG_fh]hglZd[ukljhi_j_f_gblvky Luf_gyg_kemrZ_rvK_j`Hgg_ex[bef_gygb_^bgh]hf]gh\_gbybkl_jbqghjZaju^ZeZkv IhebgZ -HQHODLVVHUDLSDVFHODDLQVL&HWWHLQMXUH Ywlh]hlZdg_hklZ\exWlhhkdhj[e_gb_ nj\f\f ijh[hjfhlZeDhr_e_\j_adhhklZgZ\eb\Zykv G_lK_j`lhevdhg_wlhih^gyeZkv_fmgZ\klj_qmIhebgZG_gm`ghK_cqZkgbdlhg_agZ_l h[wlhcaehkqZklghcihfhe\d_bfg_^mfZlvkljZrghqlh[m^_l_kebijhagZxlqlhdgyav R_oh\kdhchldZaZekyhlf_gyKlhbllhevdhwlbfkemoZfihiZklvgZyaudbb^eyf_gywlh[m^_l kf_jlbih^h[ghijhklhgZeZhgZGZqgmlg_lZd^hbkdb\Zlvky^hijbqbgudZdbkdZlv\hfg_ \k_\hafh`gu_batyguM`emqr_lh]^ZkjZam\Dmavfbgdb\_jgmlvkyq_fihahjlZdhcG_[m^_f jZa^m\ZlvkdZg^ZeK_ahg\_^vlhevdhgZqZekyYkgh\Z[m^m\u_a`Zlvg_kjZamghh[yaZl_evgh �[m^mFg_[ulhevdhkbegZclbkd\havke_aumeu[gmeZkv^_\mrdZZkl;h]\k_h[jZam_lky Lu`_ex[brv_]h"m^_j`Ze__aZjmdbK_j]_c Qlhklh]h"himklbeZ]eZaZIhebgAZ[ulv_]h\hl_^bgkl\_gghhq_ffg_^mfZlvgZ^hgugq_ WlhkkZfh]hgZqZeZ[uehobf_jhch[fZghfZy^mjhqdZf_qlZlvk_[_iha\hebeZ=emih[ueh gZ^_ylvky:lZihki_rghklvkdhlhjhchgaZ]h\hjbeh[jZd_Ihfgbrvy_s_bkhfg_\ZeZkvdh]^Z ^hfhc_oZeb"Ebrvk_cqZkyihgbfZxqlh[uebdZdb_lhbgu_ijbqbgulhevdhg_ex[h\vG_ Gmiheghm[b\Zlvkylbohhl\_lbeDhr_e_\DZd[ulhgb[uehgbq_]hg_evaybaf_gblvH^gZdh `dZde_]dh_]hkbyl_evkl\hkeh\hfk\hbf[jhkZ_lkyg_k^_j`ZekyK_j]_c �hddb^hwlh]hij_[u\Z\rZy\kh\_jr_gg_cr_cjZkl_jygghklb\ukemrb\Zy]hjvdmxbkih\_^v Ihebguh[gyeZ__bijbk_eZ\f_kl_kg_cgZkhnm?cohl_ehkvh[h^jblv__dZdlhml_rblvghqlh lmlfh`ghkdZaZlv"=^_\aylvkeh\ZlZdb_qlh[u[hev^mrbmgylv" Wlhijhc^_lijhc^_lbaZ[m^_lky\a^hogmeZhgZGZ\k_\hey;h`vyIhebgbfh`_l=hkih^v hl\_ehlZk[_^mdm^Z[he__kljZrgmx Fh`_lblZdImklvwlhfg_ml_r_gb_f[m^_lihl_jeZIhebgZ\bkdbgZqbgZxsb_imevkbjh\Zlv lygms_c[hevxYijbey]mih`Zemc\a^hogmeZhgZ �Dhg_qghaZkm_lbeZkvhddby=eZnbjmijbrex \r\r\r uc^yhl:gguR_oh\kdhc[_kp_evgh[j_eihmebpZfklhebpukh\_jr_gghg_aZf_qZyagZdhfuod bobkdj_gg_fmbamfe_gbx?s_gbdlhbgbdh]^Zg_ih^\_j]Zekhfg_gbx^Zggh_bfkeh\hgh\ijZ\_ ebhg[uemij_dZlv\wlhf:ggmdhebk_cqZkbkZfl_fb`_khfg_gbyfbl_jaZeky"DZd]hjyqhhg iulZekym[_^blv__\lhfqm\kl\_qlhlZd\g_aZighhldjuehkv_fmkZfhfmGhlZdeb^Ze_dZhgZ [ueZhlbklbgug_`_eZykh]eZrZlvkykgbf"K_cqZkdh]^Z__g_[uehjy^hfbkmfZkr_^r__ `_eZgb_g_djm`beh]heh\mg_]hjyqbehdjh\vhgihiulZekym\b^_lv\k___]eZaZfbbdg_fm ijbrehihgbfZgb_lh]hq_]h\w]hbaf_k\h_fhgaZf_qZlvbagZqZevghg_`_eZe =emihbgZb\gh[ueh[uiheZ]Zlvqlhhl_piha\hebl_fm_^bgkl\_gghfmgZke_^gbdmjh^Z R_oh\kdbo`blvdZd;h]gZ^mrmiheh`blihaZ[u\h^he]_h[h[yaZgghklyolblmehfgZeZ]Z_fuo Z^ey:ggudZd\ijhq_fb^eyfhe\ug_lgbdZdhcjZagbpuf_`^mex[h\gbp_cb\haex[e_gghc YZfg_\_jxkgh\Zbkgh\Z\fukeyokeurZehg__keh\ZH[\_gqZlvky[_ahlph\kdh]h [eZ]hkeh\_gbyk^_\bp_c[_ajh^m[_aie_f_gbhdhlhjhchgbkZflhedhfgbq_]hg_agZ_lIZ\_e \a^jh]gmeij_^klZ\b\ihke_^kl\bylZdh]hj_r_gbyG_kebrdhfeb\ukhdZp_gZ"AgZyjh^bl_ey k\h_]hhge_]dhfh]ij_^iheh`blvqlhGbdheZcFZl\__\bqihc^_lgZ\k_qlh[ug_^himklblv[jZdZ wlh]hBijZ\[ueFbr_evdh]^Z]h\hjbeqlhhgjZkkm^dZebrbekydhevfukeb_]hih^h[gu_ ihk_sZxlGhihq_fm`_ihjhx_fmdZ`_lkyqlhhgagZ_l:ggmbijblhfagZ_l^Z\gh"=^_fh]eb imlbboi_j_k_qvky"Ghkdhevdh[uhggb^mfZehlhflmfZggh_ijhreh_PDGHPRLVHOOH;ukljbpdhc hlfuke_cwlbog_klZgh\behkvgbykg__gbihgylg__Hlq_]h_fmdZ`_lky[m^lhhgZkdjulvky iulZ_lkyhldh]hlh"GhdZdb_g_^jm]bfh]ml[ulvmg__"?keblhevdh^_ckl\bl_evghhgZohehidZ [_]eZyFh`_lhgZ[ueZZdl_jdhc\l_Zlj_dj_ihklghfnZglZabjh\Zehgk_[_^Zk[_`ZeZhl ^hfh]Zl_evkl\ohaybgZk\h_]h":_fmqlhklh]h"Hg_cdZdgZ^momhldjueky\qm\kl\Zok\hboZ _]hhl\_j]eb[_ah\kydhcgZ^_`^uIjZ\Z:ggZg_lmgbo[m^ms_]hIjZ\bevgh[m^_lhklZ\blv__\ ihdh_bke_^my`_eZgbxiZi_gvdb`_gblvky_kebg_:e_dklhgZex[hc^jm]hcqlhjh^bl_ey_]h �mkljhblZh[:gg_aZ[ulvAZ[ulv"Z]^_[ulhevdhkbe\aylv_keb\k_fukebhg_cq_jluogmeky R_oh\kdhck\hjZqb\ZygZK_j]b_\kdmxmebpm Dh]^Zhg\_jgmeky^hfhcgZmebpuklhebpum`^Z\ghkimklbekyhk_ggbcijhfha]euc\_q_j AZdjuebkveZ\dbjZahr_ekyih^hfZfjZ[hqbcex^bebrv\_ebdhk\_lkdbcI_l_j[mj]lhevdh gZqbgZe`blvijbohleb\hcghqghc`bagvxihjZ`Zyh[u\Zl_eyjhkdhrvxk\hbojZa\e_q_gbc h`b^ZyhlmkljZb\Z_fuo\_q_jh\b[Zeh\ijbylguo\i_qZle_gbcb\hklhj`_gguohlau\h\\djm]m R_oh\kdhcg_kh[bjZekygugq_\u_a`Zlvb\_q_johl_ekdhjhlZlvk[mluedhc[j_g^b\[b[ebhl_d_ agZyqlhh[wlmihjm\jy^ebdlhgb[m^v_]hlZfihlj_\h`blMkljhb\rbkv\dj_ke_hg[_amqZklgh \abjZegZihiuldbIjhohjZklZsblvkg_]hmadb_\ukhdb_kZih]bGZdhg_p_]h^_gsbdmm^Zehkv kijZ\blvkykwlhcg_ez]dhcaZ^Zq_cbaZ[jZ\fmg^bjbkZih]bIjhohjqlhlh\hjqZk_[_ih^ghk m^Zebeky\]Zj^_jh[gmxZIZ\_ehklZekyh^bgGZ\ZebeZkvoZg^jZbmklZehklvG_ohl_ehkvgbdh]h \b^_lvgh\^\_jvihklmqZeb hc^bl_g_]jhfdh[jhkbeIhevg_kmf_\h^gZdhkdjulvjZa^jZ`_gb_ Ij_klZj_euc^\hj_pdbcR_oh\kdbojZkkeurZ\g_^h\hevkl\h\]hehk_fheh^h]h[ZjbgZbagZy_]h ]hjyqbcgjZ\[hqdhf\hr_e\dhfgZlm QlhlZf"db\gmegZk_j_[jygucih^ghkR_oh\kdhc IbkvfhZf[Zjbghlha\Zekylhl Ijhkbebhl\_l" GbdZdg_lghijhkbebi_j_^Zlvqlh^_ehg_l_jiblhleZ]Zl_evkl\Z IZ\_eijhlygmejmdmaZdhg\_jlhfAgZdhfucihq_jdbZjhfZlbkoh^b\rbchl\_e_g_\hc[mfZ]b \ua\ZebjZa^jZ`_gb_Kly`_euf\a^hohfdgyav\kdjuedhg\_jlbih]jmabeky\ql_gb_ibkvf_ We_gmfheyeZ_]hijb_oZlvihlhfmdZd[hyeZkv^h\_jblvkeh\Zqlhohl_eZkdZaZlv_fm[mfZ]_gh m\_jyeZqlh^eyg__wlh\hijhk`bagbbebkf_jlb Ijhohjdebdgmehgk\h_]h^_gsbdZih^Zcjm[Zomk\_`mxbkxjlmdkbgbc �Ze_dhebkh[jZebkvZr_kbyl_evkl\h"ihdZaZehkvebphkem]bbaaZ^\_jb\]Zj^_jh[gmx Fgh]h[m^_rvagZlvkdhjhkhklZjbrvkyhlfZogmekyIhevIhlhjhibkv QZkhfiha`_klhymiZjZ^gh]h^hfZ]^_`beZWe_ghgm`_khfg_\Zeky\g_h[oh^bfhklbwlh]h \bablZAgZyE_gmfh`gh[uehij_^iheh`blvqlhwlhhq_j_^gZyihiuldZ\_jgmlv_]h jZkiheh`_gb_gh\^jm]b\kZfhf^_e_qlhlhk_jv_agh_"Ylhevdhih^gbfmkvmagZx\q_f^_ehb _keb_cg_gbqlhg_m]jh`Z_lkjZamm_^mj_rbeR_oh\kdhcblhedgme^\_jb\iZjZ^gh_ We_ghldjueZ^\_jbkjZamdZdlhevdhhgihklmqZeIZ\_e\hr_e\g_[hevrmxijboh`mxbg_ k^_j`ZeihgbfZxs_cmkf_rdbe_]dh_ijhajZqgh_h^_ygb_gZg_cg_hklZ\eyehf_klZ^ey \hh[jZ`_gby We_glug_bkijZ\bfZmeu[gmekyhg Y^he`gZ[ueZm\b^_lvkykZfbmeu[gmeZkvhgZ\hl\_lijb]eZrZydgyay\]hklbgmxbihgbfZy qlhb]jZ__jZa]Z^ZgZZihlhfmg_l[he__kfukeZkdju\Zlvbklbggmxijbqbgm__ijhkv[u uiv_l_"\ayeZhgZ\jmdb]jZnbgk[j_g^b G_hldZ`mkvmkljZb\Zykv\dj_ke_hl\_lbeIhev =ey^ygZWe_gih\_jo[hdZeZdgyav`^Ze__keh\jZ\gh^mrghgZ[ex^ZydZdhgZg_j\gbqZy jZkoZ`b\Z_lihdhfgZl_Ziheu__h^_ygbyjZa\_\Zxlkyh[gZ`Zykljhcgu_gh]bih^ijhajZqghc khjhqdhcb^yqlh__mobsj_gby\haa\Zlvd_]hfm`kdhfmgZqZemg_\hauf_eb^_ckl\byhgZ hklZgh\beZkvi_j_^gbf=ey^yijyfh\]eZaZIheyhgZaZ[jZeZba_]hjmdihemimklhc[hdZeb ZddmjZlghihklZ\b\_]hgZklheijbk_eZdg_fmgZdhe_gbh[\b\r_xlhgdbfbgZ^mr_ggufb jmdZfb Yg_fh]m`blv[_aZk]hjyqhijhr_ilZeZ_fmgZmohYk^_eZx\k_qlhuih`_eZ_l_lhevdh g_hklZ\eycl_f_gyijhrm Wlh[_kkfuke_ggucjZa]h\hjPDGDPhl\_jgmekyhghlg__bhlhr_ehgdhdgm?keb[uyagZe qlhZrbjZa]h\hjuh`bagbbkf_jlblhevdhmeh\dZy[ug_ijbr_ejZa^jZ`_ggh[jhkbehg Ihevgh^eyf_gywlh^_ckl\bl_evgh\hijhk`bagbbkf_jlbhlqZygghijhr_ilZeZhgZiZ^ZygZ dhe_gbaZ_]hkibghcYex[exZkMf_gyg_hklZehkvgbq_]hgb]hj^hklbgbihjy^hqghklb Fg_gbq_]hg_gm`ghdjhf_Zk Dgyavj_adhh[_jgmekyk^_jgmekr_b^mrb\rbc_]hr_edh\uc]Zeklmdbr\ujgme_]h\dj_keh?fm lZdohl_ehkvih[uklj__ihdhgqblvkwlbfnZjkhfqlhhg_^\Zk^_j`b\ZeaehklvE_gZih^gyeZkvk dhe_g_cbijb[ebabeZkvdg_fmg_hl\h^y]eZahlgZ^f_ggh]hebpZ Ih`ZemcklZijhr_ilZeZhgZaZeZfu\ZyjmdbG_hl\_j]Zcl_f_gyGZf\_^v[uehlZdohjhrh \^\h_fFg_^Z`_dZaZehkvqlhuohlvg_fgh]hghex[bebf_gy �Wlh\k_hklZehkv\ijhrehfG_lkfukeZih\lhjylvkyWe_gZgZf[uehohjhrhlZdimklvwlhb hklZg_lky\\hkihfbgZgbyog_[m^_fhfjZqZlvbo Wlh\k_hgZ\ZrZ:ggZaeh\udjbdgmeZWe_gY\_^vfh]mbajy^ghihihjlblv_cdjh\v\l_Zlj_ h^Z_s_bdZdfh]mG_gZ^hk[jZku\Zlvf_gykhkq_lh\fhcahehlhcdgyav WlhqlhrZglZ`"\kdbgme[jh\vIZ\_eG_klhblPDGDPhimkdZlvkyklhevgbadh Dm^Zm`gb`_"iZjbjh\ZeZE_gZih\urZy]hehkYa^_kvmZrbogh]fh`ghebhimklblvky gb`_Zr_kbyl_evkl\h" uih\lhjy_l_kvkm^ZjugymklZeh\a^hogmeR_oh\kdhcu\_^_l_k_[ydZd\a^hjgZyj_\gb\Zy kmijm]Zg_bf_ygZlhgbdZdboijZ\IjZ\hymklZehlZrbobkl_jbdFhcZfkh\_lkfbjbl_kv gZc^bl_k_[_ihdjh\bl_eywlhfyfh]mZfihfhqv IhevlhgWe_g\gh\vkfy]qbekyg_[m^_fkhjblvky uijZ\u^_ckl\bl_evghg_[m^_fmkf_ogmekydgyavKdZaZlvgZf^jm]^jm]m[hevr_g_q_]hZ ihlhfm^h\hevghi_j_eb\Zlvbaimklh]h\ihjh`g__HklZ\vl_PDGDPZrb[_kieh^gu_ihiuldb \_jgmlvlhq_]h\_jgmlvg_evay DZd`_u`_klhdbdhfg_G_m`_ebZr_k_j^p_gbdh]^Zg_[he_ehg_bkl_dZehdjh\vxhl g_\hafh`ghklb[ulvkl_fdlh^hjh`_kZfhc`bagb" IZ\_efheqZeg_dhlhjh_\j_fyKeh\Z__aZljhgmebdZdb_lhlZcgu_kljmgu^mrbbhlha\Zebkv\g_c ghxs_c[hevxIh^Z\b\ly`_euc\a^hohg\ayekyaZ^\_jgmxjmqdm Fg_ihjZihdZqZe]heh\hcR_oh\kdbcb\ur_ebadhfgZluZddmjZlghijbdju\aZkh[hc^\_jv Ko\Zlb\khklheZg_^hiblucbf[j_g^bE_gZkh\k_]hjZafZomaZimklbeZ[hdZe\lhevdhqlh aZdju\rmxky^\_jv G_gZ\b`mG_gZ\b`mbkl_jbqghdjbqZeZhgZ]ey^ygZhkdhedbojmklZeyZihlhfdbgmeZkvdhdgm bjZkiZogmeZgZkl_`vhdhggmxjZfmdhlhjmxmljhfkljm^hfaZ^\bgmegZf_klh^x`bceZd_c K\_kb\rbkvkih^hdhggbdZb]ey^ygZlhdZdR_oh\kdhckihdhcghmkZ`b\Z_lky\wdbiZ`hgZ \udjbdgmeZ\l_fghlmhk_gg_ci_l_j[mj]kdhcghqb Qlh[Zf\Z^mk]hj_lvIZ\_eGbdheZ_\bq Ihevih^gye]heh\mbiZjmjZaoehigme\eZ^hrb ;jZ\hWe_gug_ih^jZ`Z_fuY\k_]^ZagZeqlhmZk_klvkdehgghklvd^jZfZlbq_kdbf wnn_dlZfhl\_kbehg_crmleb\ucihdehgLjh]Zc[jhkbe\hagbp_aZdju\ZyaZkh[hc^\_jpm wdbiZ`Z hldjueZkv\oh^gZy^\_jvhgZihoheh^_eZhlkljZoZDlhfh]\hclb"ay\\jmdmly`_euc]jZnbgk [j_g^bhgZdjZ^mqbkvgZijZ\beZkv\ijboh`mxghm\b^_\i_j_^kh[hcIhieZ\kdh]hh[e_]q_ggh \a^hogmeZ :jbklZjoIZ\eh\bqqlhZfm]h^gh"ihklZ\b\gZihedm]jZnbgbiulZykvihiehlg__aZiZogmlv i_gvxZjihbgl_j_kh\ZeZkvhgZ YmkeurZermf]jhfdb_]hehkZbih^mfZeqlhZf\hafh`ghg_h[oh^bfZihfhsvjZa^_\Zy__ \a]ey^hfhl\_lbeIhieZ\kdbc ;eZ]h^Zjxmf_gy\k_\ihjy^d_oheh^ghhlha\ZeZkvWe_gufh`_l_b^lb IhieZ\kdbcg_^\bgmekykf_klZ B^bl_`_:jbklZjoIZ\eh\bqih\ukbeZhgZ]hehkFg_ZrZihfhsvg_lj_[m_lky Ghihfhsgbd=_^_hgh\Zjmogmei_j_^g_cgZdhe_gbbh[o\Zlb\jmdZfb__[_^jZijb`Zekyebphfd `b\hlm G_ijh]hgycl_f_gyWe_gYagZxug_ex[bl_f_gyghiha\hevl_ijhklh[ulvjy^hfYk^_eZx ^eyZk\k_qlhih`_eZ_l_]hjyqhaZr_ilZehg k_"g_^h[jhmkf_ogmeZkvE_gZrZevghcfukebqlh\^jm]ijbreZ_c\]heh\m:_keby ihijhrmZkm[blvjZ^bf_gy" LhevdhkdZ`bl_dh]hg_jZa^mfu\Zyhlha\Zeky:jbklZjo �Z`_lZd"u\kZfhf^_e_]hlh\ugZ\k_"g_^h\_jqb\hmklZ\beZkvhgZgZg_]hYohqmqlh[u :ggZmf_jeZFg_\k_jZ\ghdZduhlg__ba[Z\bl_kv Yk^_eZx\k_k^_eZxIhieZ\kdbcih^gyekykdhe_g_cbihiulZekyh[gylv__ihlygm\rbkv ]m[Zfbd__]m[Zf GhWe_gkhl\jZs_gb_fhl\_jgmeZkvbhllhedgmeZ_]hqlh[uehkbe &#xu;&#x`Z;í&#xM;&#x[b;&#xlv;&#x;�u\k_k^_eZ_l_";h`_u^Z`_g_kf_rgu:jbklZjoIZ\eh\bqu`ZedbM[blvZub dehiZjZa^Z\blvg_kfh`_l_M[bjZcl_kv G_]ey^ygZg_]hhgZihreZ\]hklbgmxiheZ]ZyqlhhgdZd\k_]^Zihdhjghm^ZeblkyDZdh\h`_ [ueh__m^b\e_gb_dh]^Zh[_jgm\rbkvhgZm\b^_eZ_]haZk\h_ckibghc We_gijhr_ilZehgug_fh`_l_ijh]gZlvf_gy Fh]mjZkkf_yeZkvhgZFh]m:jbklZjoIZ\eh\bqI_j_klZgvl_ij_ke_^h\Zlvf_gybeby jZkkdZ`m:e_dkZg^jmFboZceh\bqmhZrbofZobgZpbyou^mfZ_l_yg_agZxqlhu ih^\hjh\u\Z_l_"Qlhg_^hieZqb\Z_l_i_\qbfkkueZykvgZlhqlh^_g_]g_lm" IhieZ\kdbcg_j\ghdmkZy]m[ukfhlj_egZg__Aehklvbyjhklvl_fghc\heghcih^gbfZebkv\^mr_ lmfZgyjZkkm^hd=^_[uhgZ[ueZ_keb[uhgg_gZr_e__\dZdhflh[hj^_e_I_l_j[mj]Zbg_ ijb\_ed=_^_hgh\miylve_lgZaZ^"HgZ`__fm\k_fh[yaZgZghdZddhjhldZiZfylv__h^gZdh 0DGDP\um`_aZ[uebhlhfhldm^Zy\ulZsbeZk"k\bklysbfr_ihlhfijh]h\hjbehgD_f &#xu;&#x[u;ë&#x";�u[ueb"_r_\hcihlZkdmohcijhq_fubk_cqZk_xy\ey_l_kvjZa\_qlhdeb_glumZkgugq_ [he__^_g_`gu_ihiulZekyhgmya\blv__db\gm\gZl_fghkbgbcr_edh\uc]Zeklmde_`Zsbc\ dj_ke_ E_gZlhevdhjZkohohlZeZkv]ey^y_fm\]eZaZ IheghZfgbdlhg_ih\_jblM[bjZcl_kvg_h`b^ZgghkbevghhllhedgmeZhgZ_]hIhieZ\kdbc �dZqgmekybhklmibeky?]haZljykehhlg_]h^h\Zgbyaehklbhkdhj[e_ggh]hkZfhex[byhdhe_hgZ k\_jom LukihegZaZieZlbrvfg_aZ\k_AZmgb`_gb_aZgZkf_rdbly`_eh^urZaZ]h\hjbehg E_gZba\b\ZeZkvih^gbfdZdaf_yiulZykvk[jhkblv_]hkk_[yghkbeu[uebg_jZ\gu Ih\_jgm\rbkvdg_fmbkg_gZ\bklvx]ey^y\_]h]eZaZWe_giexgmeZ_fm\ebph M[ex^hdKe_avkf_gyijhrbi_eZhgZiulZykv^hlygmlvkyjmdZfb^h_]hebpZbf]gh\_ggh mljZlb\\_kvk\hck\_lkdbcehkd :jbklZjobkZfg_ihgye\dZdhcfhf_gl_]heZ^hgbkhfdgmebkvgZlhgdhcr__?s_f]gh\_gb_ gZaZ^hgZhkuiZeZ_]hhkdhj[e_gbyfbbijhdeylvyfbZgug_e_`ZeZZ[khexlghg_ih^\b`ghHlgy\ jmdbhl__]hjeZhgkm`ZkhfmklZ\bekygZihdhcgbpm=eZaZ__\ue_aebbahj[blebph[ukljh kbg_ehg_hklZ\eyygbq_]hhl[uehcdjZkhlu Bkim]Z\rbkvhg\kdhqbegZgh]bbebohjZ^hqghh]ey^_ekya]ey^_]hmiZegZ]Zeklmddhlhjuchg aZf_lbekjZam`__^\Zlhevdh\hr_e\dhfgZlmKo\Zlb\r_edh\ucehkdmlIhieZ\kdbclm]haZlygme _]hgZr__ihdhcgbpubiylykv\ukdhqbebadhfgZlu_q_jhfhg^he]hklhyegZiehsZ^d_ ijbkemrb\Zykvd]hehkZf\d\Zjlbj_We_gZihlhfm\b^_eR_oh\kdh]hkimkdZxs_]hkyihe_klgbp_ bagZqbl]ZeklmdijbgZ^e_`bl_]hkbyl_evkl\mI_j_dj_klb\rbkv:jbklZjoihdbgmed\Zjlbjm PDGHPRLVHOOHEZNhgl_cg GZ^hki_rblv[beZkv\fha]mebohjZ^hqgZyfukevHg^he`_gihclb\mqZklhdbkdZaZlvqlh keurZermfkkhjumkhk_^dbZdh]^Zijbr_emagZlv\q_f^_ehm\b^_e__m`_f_jl\hcG_aZ[ulv mihfygmlvqlh\b^_e__[u\r_]hex[h\gbdZaZdb\Zehg]heh\hckZfk_[_Ih^gy\rbkvdk_[_ :jbklZjoko\Zlbek\hcdZjjbdbaZ[u\aZi_j_lv^\_jb[jhkbeky\gbaihe_klgbp_gZoh^m ijhkh\u\Zyjmdb\jmdZ\Zbqlhlh[m[gyk_[_ih^ghkJ_^db_ijhoh`b_kbamfe_gb_f h[hjZqb\Zebkv\ke_^klj_fbl_evgh[_]ms_fmihmebp_fm`qbg_ �h[jZ\rbkv^hmqZkldZIhieZ\kdbcijbgyekylZjZ[Zgblv\aZi_jlu_^\_jbAZkiZggucmjy^gbd hldjue_fmbg_^h\hevghmklZ\bekygZkmfZkr_^r_]hdhlhjuchlqZyggh`_klbdmebjmyiulZeky qlhlhjZkkdZaZlvghmkeurZ\keh\hm[bckl\h\klj_i_gmekyb\imklbeg_`^Zggh]hihk_lbl_ey ukemrZ\k[b\qb\mxj_qvIhieZ\kdh]hmjy^gbdgZofmjbekyq_eh\_dkb^ysbci_j_^gbf \u^\b]Ze\_kvfZk_jv_agu_h[\bg_gbyijhlb\dgyayR_oh\kdh]h;hykvihiZklv\ijhkZd ihebp_ckdbcgZibkZeaZibkdmbkijZ\gbdmbjZa[m^b\khe^ZlZijbklZ\e_ggh]h^eyhojZgumqZkldZ hlijZ\be_]hdgZqZevkl\mh`b^Zy^Zevg_crbomdZaZgbc K\b^Zgb_kWe_ghklZ\beh]hjvdbchkZ^hd\^mr_DjZa^jZ`_gbxijbf_rb\ZeZkv`Zehklvdg_c Ihke_lh]hdZd_]hkZfh]hhl\_j]ebmljhfR_oh\kdhfmklZebihgylg____qm\kl\Z\_^vlZdmx`_ [hevbimklhlmhghsmsZegugq_\k_[_AZohl_ehkvih[ulvh^ghfmijhclbkv]ehlgmlvk\_`_]h \ha^moZKlmdgm\\kl_gdmdZj_luIhevhklZgh\bewdbiZ`bhlimklb\\hagbpmg_ki_rgufrZ]hf ��gZijZ\beky\klhjhgm\hjph\hciehsZ^bhc^y^hiehsZ^bR_oh\kdhci_j_r_eI_\q_kdbcfhkl bihr_e\^hevGZ[_j_`ghcFhcdb_l_jlj_iZeg_ihdjulu_dm^jbjZa^m\Zei_e_jbgm_]hdZjjbdZ ghjh\beaZ[jZlvkyih^iheuh^_`^ughhgg_h[jZsZegZwlhgbdZdh]h\gbfZgbyK\_jgm\\ heugkdbci_j_mehddgyav\ur_egZ;hevrmxDhgxr_ggmxGh]bkZfbijbg_kebdljZdlbjm �_fmlZK_\aZklhebdg_[j_`guf`_klhfih^ha\Zeijbkem]mIhevg_ihfgbekdhevdh\uibe �hfhchgy\bekylhevdhih^mljh\kbevghfih^iblbb_jgucIjhohj\klj_lb\[ZjbgZ\ \_klb[xe_ih^klZ\bek\h_rbjhdh_ie_qhbg_[_aljm^Z^hlZsbe_]hkbyl_evkl\h^hkiZevgbhjqZ dhkgmeZkvih^mrdbIZ\_eijh\Zebeky\ivyguckhg[_akgh\b^_gbc ?]hjZa[m^beb]jhfdb_]hehkZKljm^hfhldju\]eZaZR_oh\kdhck_egZihkl_eb=heh\Zdjm`beZkv hl\uiblh]hgZdZgmg_[j_g^b?]h]eZaZfij_^klZeZgZklhevdhkljZggZydZjlbgZqlhhgijbgye__aZ dhrfZjguckhghl_p\]g_\_qlhlh]jhfdh]h\hjbebkijZ\gbdmb^\mf`Zg^ZjfZfdhlhju_ih dZdhclhijbohlbhdZaZebkv\_]hkiZevg_Ko\Zlb\rbkvaZ\bkdbdgyavkhklhghfjmogmegZ ih^mrdm =^_lu[ueghqvx"ih\_jgmekydkugmGbdheZcFZl\__\bq G_ihfgx\u^hogmeIZ\_eh[haj_\Zyijbkmlkl\mxsbofmlguf\a]ey^hf LuagZ_rv\q_fl_[yh[\bgyxl"ihl_jy\l_ji_gb_\kdjbqZedgyavGbdheZc ;h]ZjZ^bihlbr_kdjb\bekyIhev Zr_kbyl_evkl\h\uklmibe\i_j_^bkijZ\gbdh[jZsZykvdR_oh\kdhfmklZjr_fm^ha\hevl_ fg_ijhykgblvkmlv^_eZ =h\hjbl_g_^h\hevgh[jhkbeGbdheZcFZl\__\bq HldZrey\rbkvbij_bkihegb\rbkv\Z`ghklb\haeh`_gghcgZg_]hfbkkbbbkijZ\gbdih\_jgmekyd IZ\emGbdheZ_\bqm Zr_kbyl_evkl\hkijbkdhj[b_f\ugm`^_gkhh[sblvqlhZkh[\bgyxl\m[bckl\_?e_gu E_hihev^h\guEZNhgl_cgZdljbkubfi_jZlhjkdbol_Zljh\bZr_ckh^_j`Zgdbihgbab\]hehk ^h[Z\behg QlhaZ]emihklb"ih^gyekykdjh\ZlbR_oh\kdhcbihrZlu\Zykvk^_eZeg_kdhevdhrZ]h\d lmZe_lghfmklhebdm GZeb\\klZdZg\h^uba]jZnbgZdgyav`Z^gh\uibe__g_kdhevdbfb]ehldZfbWe_gf_jl\Z gZklb]eZ_]hi_j\Zylj_a\ZyfukevDlhlhm[be__GhaZq_f" u[ueb\q_jZ\d\Zjlbj_PDGHPRLVHOOHEZNhgl_cg"aZ^Ze\hijhkbkijZ\gbd ;uedb\gme]heh\hcIZ\_ekljm^hfhkfukeb\Zykemqb\r__kyFu]h\hjbebghdh]^Zymoh^be PDGHPRLVHOOHEZNhgl_cghklZ\ZeZkv\^h[jhfa^jZ\bbgZofmjbekyhg GbdheZcFZl\__\bqkdhj[ghih^`Ze]m[u Fum`_^hijhkbebZr_]hdmq_jZHgih^l\_j^beqlhPDGHPRLVHOOHEZNhgl_cg[ueZ`b\Zdh]^Z &#xZk;&#xh;&#xdh;&#xeh;�um_a`ZebghijbwlhfaZf_lbeqlhhlijZ\beky^hfhc\ukZ^b\Zkhdheh\hjph\hciehsZ^b Ke_^h\Zl_evghufh]eb\_jgmlvkybaZ^mrblv__ijh^he`bebkijZ\gbd AZ^mrblv"j_adhh[_jgmekyIZ\_eblhlqZkkdjb\bekyhl[hebijhgab\r_caZluehdb\bkdb ?e_gZE_hihev^h\gZ[ueZaZ^mr_gZihke_ihemghqbij_^iheh`bl_evghijbgZ^e_`ZsbfZf r_edh\uf]Zeklmdhfkbg_]hp\_lZ Yihdbgmed\ZjlbjmPDGHPRLVHOOHEZNhgl_cg^hihemghqbb[hevr_lm^Zg_\ha\jZsZeky jZa^jZ`_gghaZf_lbeR_oh\kdhc =^_u[uebihke_ihemghqb" R_oh\kdhc\a^hogmeIhoh`_kblmZpbygZqbgZ_lijbh[j_lZlvg_dbcaeh\_sbckfukeHgbqlh`_\ kZfhf^_e_kqblZxlqlhhgm[bcpZ"g_fh]ih\_jblvhg\Z[kmj^ghklvijhbkoh^ys_]h �M_fmlZ[jhkbehg Dlhgb[m^v[uekZfb"Dlhgb[m^vdlhkfh`_lih^l\_j^blvZrbkeh\Z" IhevgZofmjbekybah\k_okbeiulZykv\kihfgblv\b^_ekyebhg\ljZdlbj_kd_fgb[m^vba G_ihfgxGZ\_jgh_g_lg_m\_j_gghhl\_lbehg Zr_kbyl_evkl\hke_^kl\b_ijhykgblkblmZpbxZihdZijhrmZkijhke_^h\ZlvkgZfb ^h[jh\hevgh Fh]myohly[uijb\_klbk_[y\ihjy^hd"ihdZqZe]heh\hcR_oh\kdhcg_\kbeZoih\_jblv\lh qlhijhbkoh^bl Fuh[h`^_fZkaZ^\_jvxdb\gme]heh\hcbkijZ\gbdbk^_eZ\agZdkhijh\h`^Z\rbf_]h `Zg^ZjfZfm^ZebekybakiZevgbdgyay LuohlvihgbfZ_rvqlhl_[y\bk_ebpZ`^_l_kebl\hy\bgZ[m^_l^hdZaZgZ"\kdbgmekyGbdheZc FZl\__\bq =emihklbhlfZogmekyIhevY[uemWe_gghiZevp_f__g_ljhgmeWlhg_^hjZamf_gb_ G_^hjZamf_gb_"Lu[uemwlhc`_gsbguZihke_l\h_]h\bablZ__gZoh^ylm^mr_ggmxkl\hbf ]ZeklmdhfgZr__LukqblZ_rvqlhwlh]emihklbbg_^hjZamf_gb_" Hl_pyg_m[b\ZeWe_gulhfg_\_jbl_"hl\_lbeIZ\_eijbklZevgh]ey^y\]eZaZGbdheZy FZl\__\bqZ Y\_jxgh\k_mebdbmdZau\ZxlgZl_[yly`_eh\a^hogmedgyavYihklZjZxkvk^_eZlv\k_ \hafh`gh_ M\_j_g\k_h[jZam_lkyih`Zeie_qZfbIhevgZ^_\Zyqbklmxjm[Zrdmbm`_d\_q_jmy\_jgmkv HdZaZ\rbkvihke__s_h^gh]h^hijhkZ\fjZqghfdZa_fZl_I_ljhiZ\eh\dbdgyavm`_g_[uem\_j_g \lhfqlhhl^_eZ_lkye_]dbfbkim]hfD^hagZ\Zl_ex_]h[hevr_g_\uau\ZebbagZydZd [_ah[jZagh\_^_lkyjZkke_^h\Zgb_R_oh\kdhcgZlj_lbc^_gvij_[u\Zgby\dZf_j_m`_bkZfgZqZe khfg_\Zlvky\\hafh`ghklb[eZ]hihemqgh]hbkoh^ZIhgZqZemIhevf_lZekybam]eZ\m]hegh [_aukoh^ghklvkh[kl\_ggh]hiheh`_gbyihkl_i_gghih\_j]eZ_]h\fjZqgu_jZa^mfvy Wlh\_jgh^mjghckhgklhbllhevdhijhkgmlvkybdhrfZjaZdhgqblkyklbkdb\ZehgeZ^hgyfb \bkdbGhdhrfZjg_aZdZgqb\ZekyDZ`^ucgh\uc^_gvgZqbgZekylZd`_dZdij_^u^msbcklh]h qlhjZkiZob\ZehkvaZj_r_q_ggh_hdhgp_gZ^\_jbb]hehkbadhjb^hjZ\hijhrZeG_gZ^mfZeb_s_ k^_eZlvqbklhk_j^_qgh_ijbagZgb_Zr_kbyl_evkl\h"R_oh\kdhciehohi_j_ghkbeaZlhq_gb_ Hlkmlkl\b_\hafh`ghklbk\h[h^ghi_j_^\b]Zlvkym]g_lZehly`dbf]jmahf^Z\behgZkhagZgb_ :lfhkn_jZpZjb\rZy\ihemlzfghckujhcdZf_j_ebrZeZgZ^_`^ugZkdhjh_hk\h[h`^_gb_ Lxj_fgZyibsZ[ueZijhklhhl\jZlbl_evghcbi_j\u_ljb^gyhgkkh^jh]Zgb_fibelhevdh g_kl_jibfhhl^ZxsmxaZloehklvxbie_k_gvx\h^mqm\kl\myqlhl_jy_lkbeubdhgljhevgZ^ kh[hc Om`_\k_]h[uehlhqlh\_klbh[Zj_kl_dgyayR_oh\kdh]hbhijbqbgZowlh]hZj_klZm`_gZ\lhjhc ^_gvihy\bebkv\h\k_o]Za_lZoklhebpuIhebgZijhqblZ\ijbg_k_ggmxK_j`_f]Za_lmih[e_^g_eZ �bihq_fmlh\kihfgbeZkeh\Zhddbhlhfqlhfh`_l;h]m[_j_]__hl[hevr_c[_^uK\_lkdh_ h[s_kl\hk`Zjhf\ayehkvh[km`^ZlvkdZg^Zevgmxgh\hklvKbfiZlbbjZa^_ebebkvgZrebkvb lZdb_dlh[_ah]h\hjhqghm\_jh\Ze\_]h\bgh\ghklvbkg_l_ji_gb_fh`b^ZejZa\yadbIh\k_fm_fm ]jhabeZkf_jlgZydZagvhq_fg_ij_fbgmebkhh[sblvihqlb\h\k_oba^ZgbyoK_cijhp_kkh[_sZe klZlvkZfuf]jhfdbf\bklhjbbI_l_j[mj]Z GbdheZcFZl\__\bqdZdbh[_sZekugmh[jZsZekykoh^ZlZckl\Zfbbd]_g_jZee_cl_gZglm Rmev]bgmb^Z`_dfbgbkljm\gmlj_ggbo^_e]jZnmEv\m:e_dk__\bqmI_jh\kdhfmgh\k_[ueh I_l_j[mj]dZdlhevdhmagZeZh[Zj_kl_kugZHgZkgZ^_`^hckfhlj_eZgZfm`Zghlhllhevdh �jZa\_ejmdZfbZ`_I_jh\kdbcgbq_]hg_fh`_lk^_eZlv \r\r\r Mljhf@xeb]eygmeZgZk_[y\a_jdZehbm\b^_eZqlhpZjZibgZgZs_d_ihqlbaZ`beZZkbgyd_e_ aZf_l_gIjhrehm`_iylv^g_cbalhcg_^_ebqlh^Ze_c=_^_hgh\b\k_wlh\j_fyhgZijhkb^_eZ ^hfZklu^ykvihdZaZlvkygZex^bklZdbfebphfGZjZ^hklyohgZgZijZ\beZkv\dhn_cgxqlh gZoh^beZkvgZijhlb\__^hfZDgyayR_oh\kdh]hhgZg_\b^_eZm`_q_luj_^gybaZwlh\j_fy kfbjbeZkvkl_fqlhIhev\b^bfh\gye__ijhkv[_b[he__g_ih[_kihdhbl__k\hbfb\bablZfbB dZdhgZgbklZjZeZkvm[_^blvk_[yqlhwlhbf_gghlhq_]hhgZohl_eZgh]emih_k_j^p_g_`_eZeh fbjblvkykwlbf@_eZgb_m\b^_lv_]h[uehkbevg__\k_ohiZk_gbcqlhijb\klj_q_hgZg_kfh`_l ijhlb\hklhylv_]hgZlbkdmbk\hbfqm\kl\Zfdhgp_dhgph\XeyijbagZeZkvkZfZk_[_qlh ih^kim^gh`^_l_]hgZ^_ykvgZgh\mx\klj_qmbg_agZyqlhhgZ_cijbg_k_lR\_cpZj\iZjZ^ghf hldjuei_j_^g_c^\_jbbkobljhcmeu[hqdhcihex[hiulkl\h\Zeg_m_oZeebdm^Zlhl[Zjbgqlhd �g_caZoh^be_\mrdZaZebeZkvjmfygp_fbaZlhjhibeZkv\dhn_cgxMk_\rbkvaZklhebdhgZ ih^g_keZd]m[ZfqZrdmkgZkeZ`^_gb_f\^uoZyqZjmxsbcZjhfZldhn_bh]ey^_eZkvihklhjhgZf ?_\gbfZgb_ijb\e_d]Za_lgucebklhde_`ZsbcgZkhk_^g_fklme_]eZaZ[jhkbeZkvagZdhfZy nZfbebygZ[jZggZydjmigufrjbnlhfKo\Zlb\\jmdb]Za_lm^_\mrdZ[ukljhijh[_`ZeZ]eZaZfb aZf_ldmK_j^p_klbkgmeZe_^ygZyjmdZkljZoZ;h`_hgZm`_q_luj_g_\uoh^beZba^hfmb kh\_jr_gghg_agZeZhijhbahr_^r_cljZ]_^bb@xeb_s_jZa\gbfZl_evghi_j_qblZeZklZlvxb hldbgm\rbkvgZkibgdmklmeZaZ^mfZeZkvG_m`_ebIhev^_ckl\bl_evghfh]m[blvWe_g"G_lHg �g_fh]G_fh]Lhevdhg_hgljyogmeZhgZ]heh\hc;h`_Z_]h`_ih\_kylaZdmkbeZhgZ\ hlqZygbb]m[mQlhfh`ghij_^ijbgylv"fukebebohjZ^hqghf_lZebkv\__]heh\_b\^jm] \kihfgbeZkvobljZymeu[hqdZr\_cpZjZ �_\mrdZklj_fbl_evghih^gyeZkvbhklZ\b\gZklhe_g_ljhgmlucaZ\ljZd[ukljufrZ]hf\ureZgZ mebpm=em[hdh\a^hogm\XeyijbdjueZ]eZaZFukevijbr_^rZy_c\]heh\m[ueZgZklhevdh [_ajZkkm^ghcbhlqZygghcqlhhgZaZf_jeZ\g_j_rbl_evghklb Ghqlh_kebwlh_^bgkl\_ggucrZgkkiZklb_]h"ihl_jeZhgZaZimevkbjh\Z\rb_lygms_c[hevx \bkdbbj_rb\rbkvklj_fbl_evghaZrZ]ZeZ\klhjhgm[eb`Zcr_]hihebp_ckdh]hmqZkldZqlh[ug_ ^Zlvk_[_\j_f_gbkljmkblvbi_j_^mfZlv IhgZqZem__^Z`_hldZaZebkvkemrZlvghdh]^ZhgZgZ\_kvmqZklhd\udjbdgmeZqlhmg___klv ^hdZaZl_evkl\Zlh]hqlhdgyavR_oh\kdhcg_\bgh\_g\kf_jlbPDGHPRLVHOOHEZNhgl_cg\k_\hdjm] klboehbg_kdhevdhiZj]eZamklZ\bebkvgZg__\g_fhfbamfe_gbbMjy^gbdijh\_e__\fZe_gvdmx dhfgZlmrdmkem`b\rmx_fmdZ[bg_lhfb\ur_eihijhkb\h[h`^ZlvMkeurZ\dZd\^\_jb ih\_jgmekydexq@xebaZg_j\gbqZeZAZq_f[uehaZibjZlv__"HgZ\_^vg_kh[bjZeZkv[_`Zlv ihke_klhevrhdbjmxs_]haZy\e_gby �_\mrdZihl_jyeZkq_l\j_f_gb\h`b^Zgbb_]h\ha\jZs_gbyG_kdhevdhjZahgZih^oh^beZd^\_jb bijhkbeZhldjulv__gh_cg_baf_gghhl\_qZebqlh[_ajZaj_r_gby]hkih^bgZmjy^gbdZgbdlhg_ bf__lijZ\Z\uimklblv__bihkl_i_ggh_xh\eZ^_ekljZoQlh`_hgZgZ^_eZeZ"Qlh_keb__ h[\bgyl\e`_k\b^_l_evkl\_" HgZijh\_eZhdhehlj_oqZkh\\aZlhq_gbbdh]^ZgZdhg_p\^\_jbih\_jgmekydexqbgZihjh]_ 0DGHPRLVHOOHuml\_j`^Z_l_qlhmZk_klvqlhkhh[sblvke_^kl\bxih^_emh[m[bckl\_?e_gu E_hihev^h\guEZNhgl_cg"g_^h\_jqb\hihbgl_j_kh\Zekyhg Kh\_jr_ggh\_jghZr_[eZ]hjh^b__^\Zkeurghhl\_lbeZXe_gvdZgZim]ZggZy\gmrbl_evguf \b^hfihke_^g_]h =h\hjbl_ykemrZxZk �_eh\lhfXeyaZigmeZkvK]ehlgm\dhf\]hje_hgZih^gyeZ]heh\mb]ey^y\]eZaZ ihebp_ckdh]h\uiZebeZgZh^ghf^uoZgbb ?]hkbyl_evkl\hijh\_ewlmghqvkhfghcBgbdm^Zg_hlemqZekyihki_rgh^h[Z\beZhgZ Km^ZjugyuihgbfZ_l_qlhaZeh`gh^Zggu_ihdZaZgbyZf]jhablhl\_lkl\_gghklv" ;_amkeh\ghZr_[eZ]hjh^b_ijhr_ilZeZhgZ Ij_^klZ\vl_kv[jhkbehgihb]ju\Zyi_jqZldZfbbg_k\h^ykg__ijbklZevgh]h\a]ey^Z Fh_bfyXebyEv\h\gZDhr_e_\ZYy\eyxkvZdljbkhcbfi_jZlhjkdbol_Zljh\]^_ba\_klgZih^ kp_gbq_kdbfik_\^hgbfhf:ggZ;ukljbpdZyk_wlhZffh`_lih^l\_j^blv_]h ij_\hkoh^bl_evkl\h^bj_dlhjbfi_jZlhjkdbol_Zljh\:e_dkZg^jFboZceh\bq=_^_hgh\aZdhgqbeZ hgZ D_fZfijboh^blky_]hkbyl_evkl\hdgyavIZ\_eR_oh\kdhc"[_kkljZklghkijhkbebkijZ\gbd Kg_dhlhjuoihjygZoh`mkvih^ihdjh\bl_evkl\hfIZ\eZGbdheZ_\bqZhlqZygghdjZkg_y hl\_lbeZhgZ Gmqlh`_PDGHPRLVHOOHlh]^Zfu\ugm`^_guaZ^_j`ZlvZk^h\uykg_gby\k_oh[klhyl_evkl\ YihgbfZxhimklbeZ]heh\mXe_gvdZ IjhrmZkPDGHPRLVHOOHmdZaZehg_cjmdhcgZ^\_jvZkijh\h^yl\ihebp_ckdh_mijZ\e_gb_ ]^_u[m^_l_bf_lv[_k_^mkhke_^h\Zl_e_fih^Zgghfm^_em =eZ\Z :e_dkZg^jFboZceh\bq=_^_hgh\g_j\ghjZkoZ`b\ZeihdZ[bg_lm\h`b^ZgbbIhieZ\kdh]hIhke_ ba\_klbyh[m[bckl\_PDGHPRLVHOOHEZNhgl_cg:e_dkZg^jbgkdbcl_Zljm`_dhlhjuc^_gv]m^_e?]h kZfh]hlh`_ihljykeZwlZm`ZkgZykf_jlvohlybg_\_jbehkvqlhR_oh\kdhckihkh[_g[ue ba[Z\blvkyhlij_ke_^h\Z\r_c_]h[u\r_cex[h\gbpulZdbf\Zj\Zjkdbfkihkh[hfGhdZdgb`Zev _fm[uehWe_gk_cqZk_fmg_^Z\ZeZihdhy^jm]Zydm^Z[he__ijba_fe_ggZyfukevd_fhgfh`_l aZf_gblv__"J_i_jlmZjlj_sZeihr\Zf\_^vWe_gdZd\_^msZyZdljbkZ[ueZaZgylZ_^\Zebg_\ iheh\bg_\k_oihklZgh\hdK_]h^gyhghlijZ\beihkuevgh]hkaZibkdhcdPDGHPRLVHOOH;ukljbpdhc j_rb\qlhg_^_eydhlhjmxhg_c^ZeijZdlbq_kdbbkl_deZb]jbf_juk^_eZxl\k_qlh[uhgZ kfh]eZ\uclbgZkp_gm\\_q_jg_fij_^klZ\e_gbbghihkuevguc\_jgmekygbkq_fIhkeh\Zf r\_cpZjZ:ggZ_s_mljhfmreZba^hfmaZreZ\dhn_cgxgZijhlb\^hfZbkl_oihjg_ \ha\jZsZeZkvG_h[oh^bfh[uehqlhlhg_f_^eyj_rZlvhlghkbl_evgh\_q_jg_]hij_^klZ\e_gby ihlhfmdZdgZclb:ggm^h\_q_jZ_^\Zebm^ZklkyGhlhevdh:jbklZjoIZ\eh\bq\hr_e\dZ[bg_l dZd\^\_jvihklmqZebb\a\hegh\ZgguceZd_ch[ty\be Zr_ij_\hkoh^bl_evkl\hdZflmlih`Zeh\Zebihkjhqghfm^_emMjy^gbdhlke_^kl\_ggh]h ijbklZ\Zijhkblijbgylv_]hg_aZf_^ebl_evgh G_h`b^Z\rbcgbdZdboihk_lbl_e_c=_^_hgh\kg_^hmf_gb_f]eygmegZIhieZ\kdh]hghijbkeh\Zo mjy^gbdhlke_^kl\_ggh]hijbklZ\Z:jbklZjoih[e_^g_ebly`_ehijb\Zebekydkl_g_;he__q_f Ijhkb hc^y\dZ[bg_lmjy^gbdkjZam`_ihijhkbehklZ\blv_]hgZ_^bg_k:e_dkZg^jhfFboZceh\bq_f ^eyijb\Zlghc[_k_^u Zr_ij_\hkoh^bl_evkl\hZfagZdhfZXebyEv\h\gZDhr_e_\ZlZd`_ba\_klgZyih^bf_g_f :ggu;ukljbpdhc"[_aij_^bkeh\bcgZqZeihebp_ckdbc �ZfuagZdhfukm^b\e_gb_fhl\_lbe=_^_hgh\FDGHPRLVHOOHDhr_e_\ZgZqbgZxsZyZdljbkZ :e_dkZg^jbgkdh]hl_ZljZbykZfijb^mfZe_cwlhlkp_gbq_kdbcik_\^hgbfFh]my ihex[hiulkl\h\Zlvq_f\ua\ZgZrbgl_j_kdg_c" b^bl_ebZr_ij_\hkoh^bl_evkl\hgZrbgl_j_kdg_c\hagbd\k\yabkjZkke_^h\Zgb_f^_eZh[ m[bckl\_PDGHPRLVHOOHEZNhgl_cg0DGHPRLVHOOHDhr_e_\Zml\_j`^Z_lqlhgZoh^blkyih^ ihdjh\bl_evkl\hfdgyayR_oh\kdh]hih^haj_\Z_fh]h\m[bckl\_?e_guE_hihev^h\gubu ydh[ufh`_l_ih^l\_j^blv__keh\Z �_ehfbehklb\uc]hkm^Zjv\lhfqlhPDGHPRLVHOOHDhr_e_\ZijbgylZ\ljmiimg_^Z\ghihke_ g_dhlhjuojZa^mfbcaZ]h\hjbe=_^_hgh\ihwlhfmyg_fh]mqlhlhh^ghagZqgh_kdZaZlvh[bo hlghr_gbyoAgZxlhevdhqlhIZ\_eGbdheZ_\bqh[jZsZekyebqghdhfg_kijhkv[hc ihkh^_ckl\h\Zlv_fm\[he__[ebadhfagZdhfkl\_kPDGHPRLVHOOH;ukljbpdhc\udZaZ\ijbwlhf g_fZeucbgl_j_k\lhfqlh[u\aylv__ih^k\h_ihdjh\bl_evkl\hbyihr_egZ\klj_qm_]h ih`_eZgbxWlhlhqlhfg_^hih^ebgghba\_klghZh^Zevg_cr_fij_^iheh`_gbykljhblvg_[m^m gbfZl_evgh\ukemrZ\=_^_hgh\Zmjy^gbdih[eZ]h^Zjbe_]haZihfhsv\jZkke_^h\Zgbbb hldeZgyekyZ^bj_dlhjbfi_jZlhjkdbol_Zljh\kkh`Ze_gb_fihgyeqlhaZf_guki_dlZdeyk_]h^gyg_ fbgh\Zlv wlh`_kZfh_\j_fy@xebkb^_eZ\fZe_gvdhffjZqghfdZ[bg_l_[hevr_ihoh`_fgZdZfhjdm ^h`b^Zykvdh]^Zke_^kl\_ggucijbklZ\gZagZq_gguc\_klb^_ehh[m[bckl\_PDGHPRLVHOOHEZ Nhgl_cgba\hebly\blvkyqlh[u\ukemrZlv__ihdZaZgbyDg_caZq_flhijbklZ\beb]hjh^h\h]h dhlhjucg_eh\dhlhilZekyhdheh^\_jbkg_kdju\Z_fufex[hiulkl\hfjZkkfZljb\Zy[Zjurgx �^hklZ\e_ggmx\mijZ\e_gb_ih^dhg\h_fh\_^_ggZyihqlb^hhlqZygbyfjZqghch[klZgh\dhcb g_ba\_klghklvx^_\mrdZ`_eZeZlhevdhh^gh]hih[uklj__ihdhgqblvkh\k_fwlbfGhk ihy\e_gb_fke_^h\Zl_eyiheh`_gb___klZehlhevdhom`_Kh\_jr_gghg_sZ^y__qm\kl\ ihebp_ckdbcijbgyeky^hlhrghjZkkijZrb\Zlv__h[hlghr_gbyokdgya_fR_oh\kdbf^Z`_g_ ihkqblZ\gm`gufhlimklblv]hjh^h\h]hdhlhjucijbkmlkl\myijbmgbabl_evghf^hijhk_keurZe dZ`^h_keh\hba__k[b\qb\uohl\_lh\=hkih^b;m^lhij_klmigbpZdZdZyijbreZhgZ\m`Zkhl k\h_]hiheh`_gbyGmqlhaZg_ijbylgucq_eh\_dDZdfh`ghkijZrb\Zlvih^h[gh_"\a^uoZeZ hgZhlqZygghdjZkg_yih^p_idbf\a]ey^hf^hagZ\Zl_eyk_\g_ffZg_jZih\_^_gby g_ijbdjuluckZjdZaf\]hehk_\u^Z\Zeh_]hij_g_[j_`bl_evgh_hlghr_gb_dkb^ys_ci_j_^gbf ^_\mrd_Xe_ohl_ehkvijh\Zeblvkykd\haviheebrv[uba[_`Zlvg_h[oh^bfhklbhl\_qZlvgZ ihklZ\e_ggu_\hijhkughlhevdhlZdhgZfh]eZkiZklbIZ\eZKt_`b\rbkvgZg_m^h[ghf`_kldhf klme_hgZhsmsZeZdZdhlklu^Z]hjyls_dbbmrbb[hyeZkvih^gylv]eZaZqlh[ug_^Zc;h]g_ \udZaZlvk\h_]hkhklhygby=hkih^bFbehklb\ucImklvwlhih[uklj__aZdhgqblkyYgbdh]^Z [hevr_g_[m^me]Zlvl\_j^beZhgZijhk_[y 0DGDPh[jZlbekyhgdg_cdZd^Z\ghukhklhbl_\bglbfghck\yabkdgya_fR_oh\kdbf" 0DGDPug_jZkkeurZebfhc\hijhk"gZ\bkke_^h\Zl_evgZ^klhehfmibjZykv\klhe_rgbpm jmdZfb Wlhij_g_[j_`bl_evgh_PDGDPijha\mqZehdZdhkdhj[e_gb_Xey\a^jh]gmeZkie_lZyiZevpugZ dhe_gyo=jyavdZdZy]jyavihfhjsbeZkvhgZHg\_^vdhdhldhcf_gykqblZ_l G_lg_ly\k_ij_djZkghkeurZeZ_e_keurgh\u^Z\beZhgZb\^jm]\kdbgmeZkv\hafms_ggZy _]hlhghfIjhklbl_ghdZdh_wlhbf__lhlghr_gb_d^Zgghfm^_em"YiheZ]ZeZqlhZk bgl_j_km_lghqvm[bckl\ZPDGHPRLVHOOHEZNhgl_cg Fh`_lbg_bf__lih`Zeie_qZfbihebp_ckdbcgh\k_`_[m^vl_ex[_aguhl\_lblvOhl_ehkv [uihgylvgZkdhevdh[ebadhuagZdhfukIZ\ehfGbdheZ_\bq_f"kijhkbehgm`_^jm]bflhghf ihqm\kl\h\Z\\g_ci_j_f_gmhlkljZoZb[_aukoh^ghklbd\hafms_gbx �hklZlhqgh[ebadh\kiuogmeZXe_gvdZuqlh`_fg_g_\_jbl_" IhdZqlhmf_gyg_lhkgh\Zgbcg_^h\_jylvZf\djZ^qb\haZf_lbehgDhg_qghgZfijb^_lky ^hijhkblvr\_cpZjZ_kebhgih^l\_j^blqlhdgyavijh\_elmghqv\Zr_fh[s_kl\_lh]^ZZk hlimklylb_]hkbyl_evkl\hlh`_ :_kebg_ih^l\_j^bl"_^\Zg_aZ^hogm\rbkvhlm`ZkZkijhkbeZ@xeb\gh\vl_jyyklZdbf ljm^hfh[j_l_ggmxm\_j_gghklv Ke_^h\Zl_evlhlqZkjZklygmelhgdb_]m[u\aeh\_s_cmeu[d_^h]Z^Z\rbkvqlh_]hihiuldZ aZim]Zlv\hauf_eZ^_ckl\b_ Lh]^ZZfijb^_lkyhl\_qZlvaZeh`gh^Zggu_ihdZaZgbyih\k_ckljh]hklbaZdhgZjZa\_ehg jmdZfb �AZibkZ\\k___hl\_lubaZklZ\b\__ih^ibkZlvdZdmxlh[mfZ]mhggZdhg_pm^Zebeky\_jvkgh\Z aZi_jebXeyhldbgmeZkvgZkibgdmklmeZbmklZ\beZkv\ihlhehdHgZm`_g_kdhevdhqZkh\ gZoh^beZkv\wlhfdhrfZj_;h`_dZdh\h`_ijboh^blkyR_oh\kdhfm\_^vhgm`_g_kdhevdh^g_c\ aZlhq_gbb"ih^mfZehkv_c?keb__g_\uimklyl\kZfh_[eb`Zcr__\j_fyhgZijhklhebrblky jZkkm^dZG_kl_jibfhaZohl_ehkv\uj\ZlvkybawlbofjZqguokl_g=ehlgmlvk\_`_]h\ha^moZ \^hogmlviheghc]jm^vxGZ\_jgh_hgZihklmibeZ[_ajZkkm^ghdh]^ZkZfZihreZgZwlhghwlhhl hlqZygby?keb_klvohlvfZe_crZy\hafh`ghklvkiZklb_]hhgZ^he`gZihiulZlvkyBimklvijb wlhfhgZih]m[beZk_[yb\ijbebqgh_h[s_kl\h_chlgug_\oh^aZdZaZgghwlhg_kebrdhf\ukhdZy ieZlZaZlhqlhhg[m^_l`blv G_kfhljygZg_m^h[gmxihamb`_kldh_kb^_gb_^_\mrd_ihdZaZehkvqlhhgZaZ^j_fZeZA\md dexqZih\hjZqb\Zxs_]hky\aZfd_aZklZ\be__ih^kdhqblvgZf_kl_k_j^p_qZklhb[he_ag_ggh aZdhehlbehkv\]jm^bhlg_ba\_klghklbbkljZoZGZihjh]_\gh\vihdZaZekyke_^kl\_ggucijbklZ\ XebyEv\h\gZufh`_l_[ulvk\h[h^guihklhjhgbekyhgijhimkdZy__d^\_jb :_]hkbyl_evkl\h"jh[dhkijhkbeZhgZ R\_cpZjba^hfZ]^_uijh`b\Z_l_ih^l\_j^beZrbkeh\Zhdbgm\__k]heh\u^hgh]kZevguf \a]ey^hfmkf_ogmekyihebp_ckdbcbihlhfm_]hkbyl_evkl\hm`_k_]h^gy[m^_lgZk\h[h^_ Ke_^kl\_ggucijbklZ\^he]h[_k_^h\Zekk_^h\eZkufkem]hciulZykvaZimlZlv_]h\hijhkZfb KlZjbd^_ckl\bl_evghaZimlZekyHggbdZdg_fh]\kihfgblv\dZdhcbf_ggh\_q_jdgyavhklZ\Zeky \d\Zjlbj_PDGHPRLVHOOH;ukljbpdhc^hmljZghih^l\_j^beqlhk_cnZdlbf_ef_klh[ulvDh]^Z`_ ihebp_ckdbclZdgbq_]hlhedhfg_^h[b\rbkvm`_kh[jZekymoh^blvr\_cpZj\^jm]ih^kdhqbegZ kihfgbeZr_[eZ]hjh^b_\hkdebdgmehgWlh[uehZddmjZl\ijhremxiylgbpmLhqgh lhqghaZdb\Zehg]heh\hc �GZkZfhf`_^_e_r\_cpZjg_\hevghhrb[kygb_]h[uebklhevh^ghh[jZagubmgueuqlh ihoh^beb^jm]gZ^jm]ZdZd^\_dZieb\h^ubhgdZdgbklZjZekyg_kfh]^hih^ebggh\kihfgblv lhl\_q_jaZlhohjhrhihfgbe\dZdb_^gb^he`_g[ue[ulvgZihklmghbajy^ghi_j_im]Z\rbkv gZ^hijhk_aZiZfylh\Zeqlhbf_ggh\wlhl^_gvhgih^f_gyeaZ[he_\r_]h\lhjh]hr\_cpZjZ kem`Zs_]h\wlhf^hf_ Ke_^h\Zl_evj_rbeebqghkhh[sblvdgyaxR_oh\kdhfmh_]hhk\h[h`^_gbbbaaZdexq_gbym` hq_gv_fmohl_ehkvm\b^_lvebphdgyaydh]^ZhgmagZ_lihdZdhcijbqbg__]hhk\h[h`^Zxl M\b^_\ihebp_ckdh]hgZihjh]_k\h_cdZf_juR_oh\kdhcih^gyekyk`_kldh]heh`Zh`b^Zyqlh _]hih\_^mlgZ^hijhkGhkeh\Zke_^kl\_ggh]hijbklZ\Zih\_j]eb_]h\iheg_cr__bamfe_gb_ Zr_kbyl_evkl\hyih`Zeh\Zekx^Zk^h[jufb^eyZk\_klyfbgZjhqblhjZ^hklghmeu[gmeky hgkihjh]Z Ki_rbl_khh[sblvqlhgZklhysbcm[bcpZPDGHPRLVHOOHEZNhgl_cggZc^_gbihg_k_laZkem`_ggh_ gZdZaZgb_"g_m^_j`ZekyhlbjhgbbIZ\_e M\u\wlhffug_ij_mki_ebGhgZr_ekyk\b^_l_ev\_jg__k\b^_l_evgbpZ_ob^ghijh^he`be ijbklZ\dhlhjZyml\_j`^Z_lqlhlmghqvdh]^Z[ueZm[blZ?e_gZE_hihev^h\gZEZNhgl_cgu ijh\_eb\__ihkl_eb K\b^_l_evgbpZ"hrZjZr_gghijhbag_kR_oh\kdhc G_dZyPDGHPRLVHOOHDhr_e_\ZlZd`_ba\_klgZyih^bf_g_f:ggu;ukljbpdhc\gbfZl_evghke_^y aZ_]hj_Zdpb_chl\_lbeihebp_ckdbcBebkby^ZfZZfg_agZdhfZb\ha\h^blgZZkgZijZkebgm" mofuevgmekyhg_kvfZibdZglgZyrlmqdZgZ^hijbagZlv IZ\_eaZf_jKjZam`_\kihfgbehkvebph^_\hqdbk[hevrbfbl_fgufb]eZaZfbijhly]b\Zxs_c _fmlhfbd?\]_gbyHg_]bgZkijhkv[hcih^ibkZlvdgb]mgZiZfylvh_]h\babl_@xebXgZy k_kljZK_j`ZbIhebg;h`_DZd`_hgg_^h]Z^Zeky"hlhldm^Zwlhqm\kl\hqlhhgbagZdhfuhl hgg_^hklZxsbcdmkhq_d]heh\hehfdbGhdZd`_hgZbaf_gbeZkvbamfe_ggh^mfZedgyavB ihq_fmhgZhdZaZeZkvZdljbkhc_kebK_j`ijb\_aIhebggZk_ahg"hafh`ghbf_gghhlgbohgZ iulZ_lkykijylZlvky\I_l_j[mj]_klhevkdZg^Zevgufkihkh[hf"LhlqZk^jm]ZyfukevaZklZ\beZ_]h ihoheh^_lvhgZgZa\ZeZkv_]hex[h\gbp_cbh[wlhfg_ij_f_gghklZg_lba\_klgh\kZfhf [eb`Zcr_f\j_f_gb@xebkhagZl_evghmgbqlh`beZk\hxj_imlZpbxqlh[ukiZklb_]hhl \bk_ebpuR_oh\kdhcj_adh\u^hogme\k_wlh\j_fyihdZhg\hjhrbe\k\h_ciZfylbh[ju\db \hkihfbgZgbcdgyavihqlbg_^urZe �ZfuagZdhfuofmjh[jhkbehgGZ^_xkvyfh]mb^lb" Dhg_qghZr_kbyl_evkl\hBf_gghkl_fqlh[ukhh[sblvZfh[baf_g_gbb\Zr_f iheh`_gbbybijb_oZekx^Z �R_oh\kdhcihki_rbeihdbgmlvfjZqgu_kl_guI_ljhiZ\eh\dbeyk_[yIZ\_ej_rbeqlhi_j\uf ^_ehfhlijZ\blky^hfhcqlh[uijb\_klbk_[y\ihjy^hdihke_q_luj_o^g_\gh]hij_[u\Zgby\ lxj_fghfdZa_fZl_ZaZl_fhgh[yaZgjZaukdZlv@xeb@xebkmeu[dhcihdZqZehg]heh\hcDlh [ufh]ih^mfZlvqlhhglZdhlqZyggh\ex[blky\ijh\bgpbZevgmx[ZjurgxdhlhjZydlhfm`_ hdZaZeZkv\_kvfZ^Ze_dZhlij_^klZ\e_gbch[eZ]hijbklhcghklbQlh`_aZklZ\beh__ih^Zlvky\ \hijhkug_^Z\Zeb_fmihdhybhgl\_j^h[uegZf_j_gihemqblvgZgbohl\_luGhb^jm]Zyfukev aZklZ\eyeZk_j^p_[blvkyqZs_hgZg_jZ\gh^mrgZdg_fmbgZq_jZa\_`ihreZgZlZdhchlqZygguc bjbkdh\ucrZ]" L_i_jvdh]^ZhgagZebklbggh_iheh`_gb_^_eR_oh\kdhfm[ueba\_kl_glhevdhh^bgkihkh[ \hkklZgh\blvj_imlZpbxk\h_chlqZygghckiZkbl_evgbpuhg`_gblkygZg_c\hij_db\k_f i_j_km^Zf?keb[ug_hgZ[helZlvky_fmgZ\bk_ebp_\kZfhfkdhjhf\j_f_gbOhlyg_\_k_eh mofuevgmekydgyavfh`_l[ulvmqblu\Zy[h_\u_aZkem]bdZagvq_j_aih\_r_gv__fmfh]eb[u aZf_gblvjZkklj_ehf \r\r\r @xeb\ureZbaiheml_fgh]hihf_s_gbyihebp_ckdh]hmijZ\e_gbybfhj]gmeZhlyjdh]hk\_lZ^gy Dh]^Z__\_aebkx^ZdZdij_klmigbpmih^dhg\h_f_c[uehg_^hlh]hqlh[uaZihfbgZlv^hjh]mb l_i_jvhgZklhyeZgZfhklh\hc\iheghcjZkl_jygghklbAZihelhjZf_kypZijh\_^_gguo\klhebp_m g__g_[ueh\j_f_gbohjhrhbamqblv]hjh^ihwlhfmhdZaZ\rbkv\kh\_jr_gghg_agZdhfhff_kl_ ^_\mrdZ_^\Zg_aZiZgbdh\ZeZk__s_ij_[u\Zyih^]g_lmsbf\i_qZle_gb_fihke_mqbgzggh]h_c ^hijhkZhgZf_^e_gghih[j_eZihmebp_g_j_rZykvh[jZlblvkyddhfmeb[hbkijhkblv^hjh]m?c dZaZehkvqlhl_i_jv\k_fba\_klghlh\q_fhgZijbagZeZkvijbklZ\mqlhmg__gZe[mgZibkZghqlh hgZdhdhldZiZ^rZy`_gsbgZIm[ebqghijbagZ\k_[ykh^_j`Zgdhc_]hkbyl_evkl\Zdgyay R_oh\kdh]hhgZh^gbffZohfmgbqlh`beZk\hxj_imlZpbxKe_^h\Zl_evij_^mij_^be__qlh_c \hafh`ghijb^_lky_s_b^Z\ZlvihdZaZgby\km^_ihkdhevdmihdZm[bcpZPDGHPRLVHOOHEZNhgl_cg g_gZc^_ghdhgqZl_evghih^haj_gbykdgyayg_fh]ml[ulvkgylu �_\mrdZ^he]h[j_eZihmebpZfihdZg_hklZgh\beZkv\kh\_jr_gghg_ba\_klghf_cjZchg_Ih^gy\ ]eZaZhgZijhqblZeZgZa\Zgb_mebpugZ\hjhlZojhkdhrgh]hhkh[gydZ:g]ebckdZyGZ[_j_`gZy ;h`_wlhlZd^Ze_dhhl__gug_rg_]h`bebsZZhgZm`_kh\_jr_ggh\u[beZkvbakbeHlhlqZygby �ohl_ehkvk_klvgZfhklh\mxijyfhihkj_^bmebpubaZieZdZlv_gvijbg_krbc_cklhevdhkZfuo g_ijbylguokh[ulbcg_mdehgghdehgbekyd\_q_jmkdhjhm`_kh\k_fkl_fg__lZ^h^hfZb^lbg_ f_gvr_qZkZ\a^hogmeZhgZ @xebwlhlu"\^jm]mkeurZeZhgZihaZ^bk_[ybihoheh^_eZhlkljZoZ Wlhl]hehkhgZ[ug_kimlZeZgbkdZdbf^jm]bfJZa\_jgm\rbkvXe_gvdZaZklueZg_\kbeZo ihr_\_eblvkyGh]bijbjhkebda_fe_bhldZau\Zebkvih\bgh\Zlvky_c ;h]fhcK_j`\u^hogmeZhgZ_^\Zkeurghb\bag_fh`_gbbijbkehgbeZkvdmebqghfmnhgZjx &#x]g;&#xh;&#x_g; _;&#xh; Z;&#xk;&#xlZ;&#xjr; c;&#x[;&#xjZ;&#xl;&#xhd;&#xZa;&#xZe;&#xky;&#xj;&#xy^;&#xhf;&#x;f]gh\_gb_hdZklZjrbc[jZlhdZaZekyjy^hf_\mrdZ\u]ey^_eZlZdhcihl_jygghcbg_kqZklghc qlhgZebp_K_j]_ykd\havg_^h\hevkl\hf_evdgmeZl_gv[_kihdhckl\Z @xebihdZqZehg]heh\hcKeZ\Z;h]mygZr_el_[yGhdZdlufh]eZlZdihklmiblvkgZfb" Ih^o\Zlb\__ih^jmdmK_j`ihlZsbe^_\mrdmdgZ_fghfmwdbiZ`mXe_gvdZg_ijhlb\beZkvg_ [ueh[hevr_kbekhijhlb\eylvkykm^v[_AZ[b\rbkv\m]hewdbiZ`ZhgZkhkljZohf\abjZeZgZ K_j]_yg_agZyq_]hh`b^Zlvhlg_]hK_j`fheqZeg_dhlhjh_\j_fy\gbfZl_evghjZa]ey^u\Zy k_kljm Gmqlh`_XebyEv\h\gZmZk_klvlhevdhh^gZ\hafh`ghklvh[tykgblvkygZqZehgi_j_oh^y gZudZd[u\Zeh\k_]^Zdh]^Zhg[ue_cg_^h\he_gG_iulZcl_kve]Zlvwlbfulhevdh mkm]m[bl_k\h_iheh`_gb_ hklZ\bebfg_\u[hjZ[_kkljZrghihkfhlj_eZhgZijyfh\]eZaZ[jZlZQlhm`fh`_l[ulv kljZrg__lh]hqlh_c^h\_ehkvi_j_`blvaZ\j_fyij_[u\Zgby\klhebp_" Ybk_cqZkg_gZf_j_ghldZau\Zlvkyhlk\h_]hj_r_gbyaZf_lbehgDZdlhevdhmeZ^ylky^_eZ Ihebgyhl\_amZkd[Zjhgm ;hxkv\k\_l_ihke_^gbokh[ulbc:e_dkZg^j:e_dk__\bqkZfhldZ`_lkyhl[jZdZkhfghclboh hl\_lbeZhgZhimklb\]eZaZbjZkijZ\eyykdeZ^dbieZsZmk_[ygZdhe_gyo Ihljm^bl_kvh[tykgblvg_^h\hevgh[jhkbeK_j` @xebly`_eh\a^hogmeZkh[bjZykvkkbeZfbbkfukeyfbHgZ[ueZm\_j_gZqlh\ukemrZ\__ bkih\_^v[jZl\emqr_fkemqZ_aZij_l__\fhgZklujv;h]kgbfdZdZyl_i_jvjZagbpZmklZeh \a^hogmeZhgZ Y`^mg_l_ji_eb\hgZihfgbeDhr_e_\ Ijb_oZ\\klhebpmyhlijZ\beZkvgZijhkemrb\Zgb_d^bj_dlhjmbfi_jZlhjkdbol_Zljh\ :e_dkZg^jmFboZceh\bqm=_^_hgh\mbhg\ayef_gy\ZdljbkufhghlhgghgZqZeZhgZaZf_qZydZd ihl_fg_ehebphK_j]_yijbwlbo__keh\Zok\_l_f_gyl_i_jvagZxldZd:ggm;ukljbpdmx ^h[Z\beZhgZ WlhmijhsZ_l^_eh\u^hogmeK_j`JZ^qlhmZko\Zlbeha^jZ\h]hkfukeZg_gZa\Zlvkyk\hbf gZklhysbfbf_g_f =_^_hgh\mba\_klghd_fyy\eyxkvgZkZfhf^_e_ihqlbijhr_ilZeZXe_gvdZGhwlh_s_g_ \k_YagZxqlhdgyavR_oh\kdhcjZahj\Zeihfhe\dmkIhebghc Hldm^Z"m^b\e_ggh\hkdebdgmeK_j`;h]fhcg_m`_ebkemobh[wlhfm`_jZkijhkljZgbebkvih \k_fm]hjh^m"jZkkljh_ggh^h[Z\behg @xebhljbpZl_evghihdZqZeZ]heh\hc IZ\_eGbdheZ_\bqkZffg_kdZaZehlhf u\b^_ebkvkR_oh\kdbf"Ghdh]^Z"Hg`_Zj_klh\Zg hlh[wlhfybohl_eZkdZaZlvZfkm^hjh`gh\a^hogmeZXe_gvdZIhevIZ\_eGbdheZ_\bq ihijZ\beZkvhgZkqblZyqlhyZdljbkZ:ggZ;ukljbpdZyij_^eh`befg_k\h_ihdjh\bl_evkl\h djZkg_yijh^he`beZhgZ Ijh^he`Zcl_gZofmjbekyK_j` K_j`ijhklbl_f_gyWlhbaaZf_gyhgjZahj\Zeihfhe\dmkIhebghcXeyg_j\ghkp_ibeZ iZevpubmfheyxs_ihkfhlj_eZ\]eZaZ[jZlZYg_kh]eZkbeZkvghihlhfdh]^ZmagZeZqlh_]h Zj_klh\Zeb Ih]h\hjbfh[wlhfiha`_fjZqghhl\_lbeK_j]_cLZdqlhuk^_eZeb" YihreZ\ihebpbxbijbagZeZkv\lhfqlhy\eyxkv_]hkh^_j`Zgdhcbqlhlmghqvdh]^Z[ueZ m[blZPDGHPRLVHOOHEZNhgl_cghgijh\_ekhfghcFg_ijbrehkvgZa\Zlvk\h_gZklhys__bfy ke_^kl\_gghfmijbklZ\maZdhgqbeZhgZk`bfZykvih^ly`_euf\a]ey^hfDhr_e_\Z Wlhhkeh`gy_l^_ehofmjhhl\_lbehglZdhfkemqZ_aZ\ljZmljhffu\u_a`Z_f\Dmavfbgdb GZ^_xkvfuijb_^_fjZgvr_q_f^hgZr_]hm_a^Zb^h[ZjhgZmki_xl^hdZlblvkykemobhZr_f kdZg^Zevghfih\_^_gbb K_j`mfheyxG_\u^Z\Zcl_f_gyaZQ_lbobgZg_k^_j`ZeZkvhgZ Dhr_e_\lhevdh\a^hogme]ey^ygZg__dZdgZg_jZamfgh_^bly u[bjZcl_ @xebhimklbeZ]heh\mkfbjyykvkihjZ`_gb_f WdbiZ`hklZgh\bekybK_j]_c\uc^ybadZj_luih^Zek_klj_jmdmHgg_\uimkdZe__jmdb^Z`_ dh]^Zih^gbfZekyihe_klgbp_blhevdh\lhedgm\__\d\Zjlbjmbih\_jgm\\^\_jyodexqhlimklbe �keh\gh[hyekyqlhhgZ\gh\vihiulZ_lkyk[_`ZlvGZrmf\ijboh`_c\u[_`ZeZhddbb\kie_kgm\ jmdZfbaZklueZ]ey^ygZfm`Zbaheh\dm Ihebgiha\ZeZhgZIhebgb^bl_`_kx^ZG_\_jhylghK_j`gZr_e__ �XeyklhyeZhimklb\]heh\mG_[uehkbe\a]eygmlv\]eZaZk_klj_\ur_^r_cgZah\hddb @xeb[jhkbeZkvdg_cIhebgZbaZdexqbeZk_kljm\h[tylby@xeb]^_`_lu[ueZ" G_^mfZxqlhlu[m^_rvlZd`_jZ^Z_cdh]^ZmagZ_rvh[h\k_fqlhgZrZ^hjh]Zyk_kljbqdZ gZl\hjbeZaZf_lbeK_j`khaeufkZjdZafhf\]hehk_ Hq_flu"hlfZogmeZkvIhebgZ=eZ\gh_qlh@xebgZreZkvbkg_c\k_\ihjy^d_ �Z[m^_ll_[_ba\_klghqlhbf_ggh_cfuh[yaZgul_fqlhR_oh\kdhcjZklhj]gmeihfhe\dm hl\_lbeDhr_e_\ Yg_ihgbfZxl_[ym^b\e_gghihkfhlj_eZgZg_]hIhebgghlhlqZkih\_jgmeZkvdk_klj_ hklZ\eyyjZa]h\hjk[jZlhfgZihlhf@xebh[jZlbeZkvhgZdg_cb^_fkhfghclukZfZfg_ \k_jZkkdZ`_rv �K_j`lhevdhnujdgmegZwlhbih\_jgmekydhddb �?\^hdbyfbljb_\gZ\_ebl_=jb]hjbxkh[jZlvfhb\_sbAZ\ljZyb@xeb\u_a`Z_f\Dmavfbgdb ZgZ\j_fyfh_]hhlkmlkl\by\Zk[m^_lkhijh\h`^ZlvI_ljKl_iZgh\bqYaZ_^mdg_fmbihijhrm_]h h[wlhf �AZ\ljZDq_fmlZdZyki_rdZK_j`"m^b\e_gghhdjm]ebeZ]eZaZhddb XebyEv\h\gZg_hklZ\beZfg_\u[hjZkdZg^Zevgu_kemobbf_xlh[udgh\_gb_kebrdhf[ukljh jZkijhkljZgylvky\a^hogmeDhr_e_\G_ohl_ehkv[uqlh[uhgb^hreb^h[ZjhgZjZgvr_q_fy kfh]m_fm\k_h[tykgblv K_kljugZ^he]hm_^bgbebkv\dhfgZl_IhebguXey[hykvih^gylv]eZaZgZklZjrmxk_kljm jZkkdZaZeZ_ch[h\k_fqlhkemqbehkvkg_ckfhf_glZ__ih[_]ZDh]^ZhgZmfhedeZIhebgZ ih^gyeZkvkdj_keZbih^hreZdg_c G_dhjbk_[yih]eZ^beZhgZk_kljmihjZklj_iZ\rbfkyehdhgZflhfqlhIZ\_eGbdheZ_\bq jZahj\Zeihfhe\dmg_ll\h_c\bgu Ihebgyg_ohqmaZfm`aZQ_lbobgZih^gyeZ]heh\m@xeb]ey^ygZk_kljm]eZaZfbihegufb ke_aM`emqr_\fhgZklujv =hkih^vklh[hcgZofmjbeZkvIhebgZHq_flu]h\hjbrv"Ml_[y\_^v\ky`bagv\i_j_^bLu ij_^klZ\e_gbyg_bf__rvdZdZy`bagv`^_ll_[y\fhgZkluj_ =hkih^b\k_ajy\koebigmeZ@xebaZdju\ebphjmdZfb :fh`_l\h\k_bg_ajylbohgvdhhlha\ZeZkvIhebgZ^mfZyhq_flhk\h_f GZmljhly`_euc^hjh`gucwdbiZ`Dhr_e_\uoihdb^ZeklhebpmK_j`k^_eZelhevdhh^gm hklZgh\dmm^hfZEmdhfkdbo^eylh]hqlh[uihijhkblvdZdbh[_sZeI_ljZKl_iZgh\bqZ �ijbkfhlj_lvaZIhebgbhddbgZ\j_fy_]hhlkmlkl\byDhr_e_\jZkkqblu\Zedk_j_^bg_ghy[jy ijb_oZlv\Dmavfbgdb\jmqblv@xeb[ZjhgmbdgZqZem^_dZ[jy\_jgmlvky\I_l_j[mj]qlh[u \r\r\r _jgm\rbkv^hfhcR_oh\kdhckjZam`_gZijZ\beky\ihdhbfZl_jbHijb_a^_dgy]bgb_fm khh[sbe^\hj_pdbc_^\Zhgi_j_klmibeihjh]jh^gh]h^hfZKhnvy:g^j__\gZlbohgvdhZogmeZb hleh`b\\klhjhgmjmdh^_eb_lhjhieb\hih^gyeZkvgZ\klj_qm_^bgkl\_gghfmkugm IZ\emrZfZevqbdfhc\_jgmekyih^klZ\eyy^eyihp_emys_dmkqZkleb\hijhr_ilZeZhgZY ;h]ZfhebeZyagZeZqlh\k_h[hc^_lkyLu\_^vg_fh] G_fh]fZf_gvdZdhg_qghg_fh]uijhklbl_f_gyghyk_cqZkg_gZ^he]hmeu[gmekyhg \bgh\Zlh;hxkvfh_hk\h[h`^_gb_g_;h`bcijhfuk_ebh[yaZgyk\h_ck\h[h^hcZ\hafh`gh b`bagvxh^ghfmhq_gvohjhr_fmq_eh\_dmL_i_jvmf_gy_klvi_j_^gbfh[yaZl_evkl\Zk dhlhjufbihki_rblvgZ^h[ghYZfiha`_h[yaZl_evgh\k_h[tykgx Ihevi_j_h^_\Zekydh]^ZGbdheZcFZl\__\bq[_aklmdZ\hr_e\dhfgZlmkugZ �Ze_dhkh[jZeky"ihbgl_j_kh\ZekyhggZ[ex^ZydZdIZ\_eq_jluoZykviulZ_lkyaZ\yaZlv]Zeklmd H[_jgm\rbkvkug\klj_lbekykofmjuf\a]ey^hfhlpZ Fg_kdZaZebqlhlubadj_ihklb\_jgmekyb^Z`_g_m^hkm`bekyaZclbkmdhjhfijh^he`behg Yh[b\Zxihjh]bdZ[bg_lZI_jh\kdh]h\ihiuldZomeZ^blvl\hb^_eZfZlvijb_oZeZbaIZ\eh\ZZ luy\b\rbkv^hfhc^Z`_g_kq_egm`gufkhh[sblvhk\h_fhk\h[h`^_gbb" Hl_pih\_jvl_k_cqZkmf_gy^_ckl\bl_evghg_l\j_f_gbyiha`_Zf\k_h[tykgxihiulZeky mclbhljZa]h\hjZIhev Iha`_"Ba\hevk_cqZk`_h[tykgblvkyIhdZdhfmkemqZxlZdZyki_rdZ" a^hogm\IZ\_ehl[jhkbebafyluc]Zeklmd Qlh`yh[tykgxkvYkh[bjZxkvk^_eZlvij_^eh`_gb_PDGHPRLVHOOHDhr_e_\hc Wlh\b^bfh^mjgZyrmldZ"i_j_[be_]hGbdheZcFZl\__\bqIjbagZlvkyq_klghy[uejZ^qlh luh^mfZekybjZahj\Zewlmihfhe\dmOhly^_\bpZijb\e_dZl_evgZbg_^mjgh\hkiblZgZby^Z`_ ]hlh\[uekfbjblvkykl\hbf\u[hjhfghl_fg_f_g__Dhr_e_\uR_oh\kdbfg_jh\gy Yg_hIhebg]h\hjxk_cqZk\hajZabeIhev IZ\_eGbdheZ_\bq\a^hogmeR_oh\kdhcklZjrbc\k_wlhm`ZkghgZihfbgZ_lfg_]emiucnZjk byj_rbl_evghg_ihgbfZxdq_fmuehfZ_l_wlmdhf_^bx" Yk_jv_a_gdZdgbdh]^ZBf_ggh@xebDhr_e_\hcyh[yaZgk\hbfhk\h[h`^_gb_fHgZ^ZeZ ihdZaZgbyhlhfqlhlmghqvdh]^Z[ueZm[blZWe_gyijh\_ekg_c �Zm`y[ehdhhly[ehgbg_^Ze_dhiZ^Z_l\hjqeb\haZf_lbeGbdheZcFZl\__\bqG_m`_eby ^he`_gl_[_jZkkdZau\Zlvqlh_klvg_fZehbguo\hafh`ghkl_chl[eZ]h^Zjblv__":dZkZl_evgh `_gblv[ufh]mkdZaZlvh^ghygbdh]^Zkeurbrvgbdh]^Zg_^Zf[eZ]hkeh\_gbygZwlhl[jZd G_ihgbfZxZkiZi_gvdZu[uebkh]eZkguqlh[uy`_gbekygZIhebgohlybg_h^h[jyeb wlh]h@xeb__k_kljZLZd\q_f`_jZagbpZ" kbemk\h_cfheh^hklbludhg_qghfh`_rvbg_agZlvwlhckdZg^Zevghcbklhjbb\a^hogme R_oh\kdhcklZjrbcJZagbpZ\lhfqlhfeZ^rZy^hqvEv\Z:e_dk__\bqZijb`blZbfhl^Zevg_c jh^kl\_ggbpu_]hkmijm]b @xebg_aZdhgghjh`^zggZy"g_kfh]kdjulvk\h_]hm^b\e_gbyIhev _jghohly__bm^hq_jbebhnbpbZevghZihlhfmihdZy`b\wlZ^_\bpZg_klZg_lke_^mxs_c dgy]bg_cR_oh\kdhc Qlh`yl_[yij_^mij_^beyg_^Zfl_[_k\h_]h[eZ]hkeh\_gbyijb]jhabeGbdheZcFZl\__\bq Lhevdhihkf_chkemrZlvkybgZke_^kl\Zebrmbkh^_j`ZgbyhldZd;h]k\yl\k_i_j_ibrmgZ :e_dkZg^jZ\kihfgbehgijhie_fyggbdZ heyZrZ[ZlxrdZhklZgh\bekyIZ\_ei_j_^hlphfghbyhlk\h_]hgZf_j_gbyg_hklmiexkv GbdheZcFZl\__\bqkf_jbekugZijbklZevguf\a]ey^hf IhkfhljbfdZdlugZ`Zeh\Zgv_rlZ[kdZiblZgZijh`b\_rvkfheh^hclh`_ghcg_k^Z\Zeky dgyav G_ba\hevl_[_kihdhblvkyiZi_gvdZijh`b\m[jhkbeIhev\uoh^ybadhfgZlu _jgbkvIjhdeygmdjbdgme_fm\ke_^dgyavGbdheZc GhIZ\_e^Z`_g_h[_jgmekyGbdheZcFZl\__\bqly`_ehhimklbeky\dj_kehko\Zlb\rbkvaZk_j^p_ Ijhohj[j_g^bih^Zcijhr_ilZehgih[_e_\rbfb]m[Zfb �_gsbdIZ\eZ[jhkbekybkihegylvmdZaZgb_[ZjbgZgZoh^mdZqZy]heh\hc]^_`_wlh\b^Zghqlh[u kugihkf_e\uclbba\hebjh^bl_eyk\h_]h"Hog_^h\_^_lfheh^h]h[ZjbgZ^h^h[jZ^_\bpZwlZ Hog_^h\_^_l IZ\_emagZ\hlr\_cpZjZqlh@xeb_s_kmljZmreZba^hfm\kxghqvijh\_e\wdbiZ`_ih^__ ^hfhfgh^_\mrdZlZdbg_ihy\beZkvAZghqvhgijhf_ja^hdhkl_c\k_furpuhg_f_ebhl ihiulhddZdlhmkljhblvkygZg_m^h[ghfkb^_gbbgZ_fgh]hwdbiZ`ZmklZehklvxkdZau\Zebkv^gb ijh\_^_ggu_\dj_ihklbghkg_^Z_fuc[_kihdhckl\hfgZmljhhghlijZ\bekyd=_^_hgh\mD_]h \_ebdhfmh]hjq_gbx:e_dkZg^jmFboZceh\bqmlZd`_g_[uehgbq_]hba\_klghhkm^v[_@xeb hlqZygbbIZ\_eih^mfZe[uehih_oZlvdDhr_e_\ufghhglhlqZkhlf_ewlmfukev_keb[u@xeb ijb_oZeZ\I_l_j[mj]k[jZlhfbk_kljhclh_^\ZebklZeZ[ukdju\Zlvkyih^qm`bfbf_g_fbm` lhqghg_ih^ZeZkv[u\ZdljbkuDlhfm`_g_ohl_ehkvebrgbcjZagZihfbgZlvIhebghk\h_f g_^hklhcghfihklmid__kv^_gvhgdhe_kbeih]hjh^m\]ey^u\Zykv\ebpZijhoh`boghihiuldb jZaukdZlv^_\mrdm\klhebp_gbdq_fmg_ijb\_eb Dh]^Z`_\_q_jhfhg\_jgmeky^hfhclh\dhlhjucjZam[_^bekyqlhGbdheZcFZl\__\bqgbdh]^Zg_ �[jhkZekyimklufbm]jhaZfb\_jbjh^gh]h^hfZhdZaZebkvaZdjulufb^eyg_]hIjbrehkv ijhkblvkygZihklhcd=hjqZdh\mihdZhgg_meZ^bl\k_k\hb^_eZIh^h[gh_iheh`_gb_^ey R_oh\kdh]hijb\udr_]haZihke_^gb_^\Z]h^Z`bagb\klhebp_gb\q_fk_[_g_hldZau\Zlv[ueh ohlvbl_jibfhgh\_kvfZg_ijbylghKZfh_[hevrh_[_kihdhckl\hmg_]h\uau\ZehaZ]Z^hqgh_ bkq_agh\_gb_XebAgZydZdb_hiZkghklbfh]mlih^kl_j_]Zlvh^bghdmx^_\mrdm\klhebp_hgg_ gZoh^bek_[_f_klZbg_ij_djZsZeihiulhdgZclb__ohlybihgbfZe\kxbols_lghklv FboZbe\b^y_]hkhklhygb_bah\k_okbeiulZekyihfhqvBf_gghFbr_ev\kihfgbehEmdhfkdhf bij_^iheh`beqlhXe_gvdZfh]eZ[uh[jZlblvkyaZihfhsvxdI_ljmKl_iZgh\bqm k_wlhdhg_qghfZeh\_jhylgh]h\hjbehgR_oh\kdhfmghklhblihiulZlvky Ykdehg_gm`_jZkkfZljb\Zlvex[u_\ZjbZglumklZehkh]eZkbekyIhevkb^y\mxlghfdZ[bg_l_ =hjqZdh\ZaZjxfdhc[j_g^biha^gbf\_q_jhfZihlhfmkh]eZk_ggZg_klb\bablEmdhfkdbf Lum\_j_gqlhihklmiZ_rvijZ\bevghPRQDPL"hklhjh`ghaZ^Ze\hijhkFbr_evFh`_lihdZ g_iha^ghklhblhldZaZlvkyhlwlhcaZl_bbijbfbjblvkykhlphf"DZ`_lkykZfZkm^v[Zijhlb\ l\h_]hj_r_gbybgZq_kq_]h[u:gg_lh_klv@xebihijZ\bekyhglZdklj_fbl_evgh bkq_agmlv" R_oh\kdbcFg_[ukjZam\kihfgblv]^_y\b^_e__qlh[ug_]hgylvkyl_i_jvaZijbajZdhfih \k_fmI_l_j[mj]m hbklbgm]h\hjylQm^gu^_eZl\hb=hkih^bmeu[gmeky\hl\_l=hjqZdh\Dlh`_fh]agZlv qlh:ggZk_kljZIhebg" Fbr_evhldbgmekygZkibgdmdj_keZbijbdjue]eZaZIj_^fuke_gguf\ahjhfij_^klZeZIhebg lZdZydZdhchgm\b^_e__gZZe__\?dZl_jbgbgkdhfkd\_j_Ij_djZkgZy\k\h_f]g_\_kyjdbf jmfygp_fgZg_`guos_dZok[e_klysbfbhlg_ijhebluoke_a]eZaZfbLy`_eh\a^hogm\hg ih^gyekykdj_keZ IhdhcghcghqbIZ\_eGbdheZ_\bqMljhdZdba\_klgh\_q_jZfm^j_g__Kh\_lmxg_ aehmihlj_[eylvdb\gmehggZ]jZnbgk[j_g^b_kebg_ohq_rvijhkgmlvkyaZ\ljZk[hevghc ]heh\hc Ih`Zemcyihke_^mxl\h_fmkh\_lmih^gyeky\ke_^aZgbfR_oh\kdhcgZijZ\eyykv\kiZevgx ij_^hklZ\e_ggmx]hkl_ijbbfgufohaybghf\_]hjZkihjy`_gb_ Fbr_evbkdj_gg_khqm\kl\h\Zek\h_fmijbyl_ex?fmjZghhklZ\r_fmky[_ahlpZg_ijbrehkv[u ^_eZlvklhevg_e_]dbc\u[hjdZdIhex=hjqZdh\\\hk_fgZ^pZlve_lklZ\rbc]eZ\hck_fvb[ue k\h[h^_g\k\h_f\u[hj_[m^ms_ckmijm]bghg_ki_rbeihdZih^\_g_pkijZ\_^eb\hiheZ]Zyqlh ki_rdZ\lZdhf^_e_gbdq_fmohly^\__]hklZjrb_k_kljum[_`^Zeb_]hg_aZly]b\Zlvk`_gblv[hc �hk_]h^gygbh^gZdjZkZ\bpZg_aZgbfZeZ_]hfuke_cgZ^he]hh^gZdhhgihcfZek_[ygZfukeb qlhm`_g_^_ex^mfZ_lhIhebg_b[ue[ujZ^m\b^_lvkykg_c GZmljh^jmavydZdbkh[bjZebkvgZijZ\bebkvdI_ljmKl_iZgh\bqmDkh`Ze_gbxEmdhfkdh]h^hfZ g_hdZaZehkv=hjqZdh\gZibkZe_fmaZibkdmkijhkv[hcg_ij_f_gghihk_lblv_]hdZdfh`ghkdhj__b \f_kl_kR_oh\kdbfijh^he`beihbkdbXebbEv\h\gug_hkh[h\ijhq_fgZ^_ykvgZmki_obo ij_^ijbylby_q_jFboZbe:e_dk__\bqkh[bjZekyijh\_klb\^hf_bev_]hjkdbo]^_gugq_^Z\Zeb qZklgucdhgp_jl Ihev^jm`bs_y[ujZ^khklZ\blvl_[_dhfiZgbxgugq_meu[gmekyhggZij_^eh`_gb_ �R_oh\kdh]hkdhjhlZlv\_q_jm_fmlZghlu`_agZ_rvDZlbrjZa\_ehgjmdZfbZyh[_sZe KlZjrZyk_kljZFbr_ey]jZnbgy?dZl_jbgZ:e_dk__\gZ;ZjZgph\ZbebDZlbrdZdgZau\Zeb__\ k_fv_\k_]^ZiblZeZdfeZ^r_fm[jZlmg_`g_crmxk_kljbgkdmxex[h\vZihlhfm\ay\gZk_[y jhevk\Zob\kyq_kdbiulZeZkvmkljhblv_]hk_f_cgh_kqZklv_FboZbeg_ij_iylkl\h\ZeihiuldZf DZlbrgh\k_]^ZgZoh^bedZdmxgb[m^vhl]h\hjdmijbagZdhfkl\_khq_j_^ghcdZg^b^Zldhc\_]h kmijm]b LZdijh^he`Zehkvihqlb^\Z]h^Zgh?dZl_jbgZ:e_dk__\gZg_hklZ\eyeZgZ^_`^uqlhdZdZygb[m^v ba__ijhl_`_\^jm]^ZaZljhg_lk_j^p_[jZlZ Ebrb\rbkvdhfiZgbbIZ\_eijbgyej_r_gb_gbdm^Zg_\u_a`ZlvbhklZlvky^hfZZFboZbe gZijZ\bekydbev_]hjkdbf =hjqZdh\g_[ue[hevrbfihdehggbdhffmaudZevgh]hbkdmkkl\ZbgZwlhl\_q_jijb[uelhevdhba aZh[_sZgby^Zggh]hk_klj_Dgyavhiha^ZegZdhgp_jlZihlhfmlbohgvdhaZgyef_klhmkZfh]h \uoh^Zqlh[ugbdhfmg_f_rZlvklj_lb\rbkv\a]ey^hfkDZlbrFboZbe\bgh\Zlhmeu[gmeky \k_fk\hbf\b^hf^_fhgkljbjmyiheg_cr__jZkdZygb_?dZl_jbgZ:e_dk__\gZihgZqZem gZofmjbeZkvghihlhfhke_ibl_evghmeu[gmeZkv\hl\_lFbr_evkgbdjZ^hklvk_kljufh`gh[ueh [Zjur_cbm`k_kljZihklZjZ_lkyqlh[uhklZlhd\_q_jZihke_aZ\_jr_gbyfmaudZevghc_]hqZklb hgijh\_e\h[s_kl\___ijhl_`_Ih^Z\b\ly`_euc\a^hodgyavhlg_q_]h^_eZlvijbgyeky jZkkfZljb\Zlvijbkmlkl\mxsbobg_h`b^Zgghm\b^_eEmdhfkdh]h=hjqZdh\hq_gvh[jZ^h\Zeky_]h ijbkmlkl\bxIhdjZcg_cf_j__]hk_]h^gyrgbc\babldbev_]hjkdbffh`gh[uehkqblZlvm^Zq_c Jy^hfkI_ljhfKl_iZgh\bq_f[ueb^\_fheh^u_^Zfudhlhju_hq_flhm\e_q_ggh i_j_]h\Zjb\Zebkvijbdju\rbkvjhkdhrguf\__jhfh^ghcbagbo FboZbekg_l_ji_gb_f`^ZehdhgqZgbydhgp_jlZqlh[uih^hclbdI_ljmKl_iZgh\bqmb ih[_k_^h\ZlvkgbfZihlhfmg_kimkdZe]eZakg_]hb_]hkimlgbpH^gZbakhk_^hdEmdhfkdh]h keh`beZ\__jbhl\_jgm\rbkvhlk\h_ckh[_k_^gbpuih\_jgmeZkvdIv_jm =hjqZdh\aZ[uedZd^urZlvlZq_ch[jZa\hlm`_g_^_exg_\uoh^beba_]h]heh\u[ueZijyfh i_j_^gbf;h]fhc\hlwlh^_ckl\bl_evghm^ZqZh[jZ^h\Zekyhg?fmgZklhevdhg_l_ji_ehkv ih^hclbdg_cqlhhggZqZejZa^jZ`_gghih]ey^u\ZlvgZfmaudZglh\GZdhg_pdhgp_jlaZ\_jrbeky bijbkmlkl\mxsb_ihki_rbebihdbgmlvk\hbf_klZqlh[u^Zlv\hafh`ghklvijbkem]_hk\h[h^blv f_klh^eylZgp_\DlhlhgZijZ\bekyijyfbdhfdklheZfk\uklZ\e_ggufbaZdmkdZfbfm`qbgu hlijZ\bebkv\b]jh\mxddZjlhqgufklheZffheh^_`v\g_l_ji_gbbh`b^ZeZgZqZeZlZgp_\ �GZoh^m\_`eb\hjZkdeZgb\ZykvkhagZdhfufbghijbwlhfg_kimkdZy]eZakIv_jZhddbbIhebg Fbr_evhklhjh`ghijh[bjZekydgbfq_j_alheim]hkl_cImlv_fmij_]jZ^beZDZlbr FboZbe:e_dk__\bqlhjhibl_kvdm^Z"meu[gmeZkvk_kljZ H^Zmeu[gmeky\hl\_lFbr_evDZlbra^_kvI_ljKl_iZgh\bqbfg_[uohl_ehkvih^hclb ihijb\_lkl\h\Zlv_]hZihlhfyiheghklvx\l\h_fjZkihjy`_gbb ?dZl_jbgZ:e_dk__\gZjZkk_yghijh[_`ZeZ]eZaZfbihaZem Gmqlh`yklh[hc\ayeZhgZ[jZlZih^jmdm IhebgZ\k_ihke_^gb_^gbjZa^mfu\ZeZdZd^ZlvagZlvR_oh\kdhfmqlhK_j`m\_a@xeb\ DmavfbgdbGZibkZlvdgyaxhgZg_j_rbeZkvihlhfmqlhh[wlhfg_ij_f_gghklZeh[uba\_klgh �hddbbhgZgbaZqlhg_^himklbeZ[ulZdh]hu_a`Zy\k\_lIhebgih\kx^mbkdZeZ_]h]eZaZfb gh]_jhckZfh]h]jhfdh]hgZgug_rgbc^_gvkdZg^ZeZk_ahgZd\_ebqZcr_fmijbkdhj[bxohay_d kZehgh\gb]^_g_ihy\eyekyIjhreZm`_g_^_eykh^gyhlt_a^Z[jZlZb@xebbk_cqZkhgbm`_ ^he`gu[ueb[ulvgZiheimlbd^hfmj_fyg_mfhebfhbkl_dZehbkdZ`^ufmoh^ysbf^g_flZyeZ gZ^_`^ZIhebgqlh_cm^Zklkyba[Z\blvk_kljmhlg_gZ\bklgh]h[jZdZAZf_lb\ijb[eb`Zxs_]hky =hjqZdh\Z^_\mrdZ\kiuogmeZhljZ^hklb Ijbk_^Zy\j_\_jZgk_i_j_^dgya_fIhebgih^gyeZgZg_]h]eZaZAZa\mqZeZf_eh^by\ZevkZ �Ijb]eZkbl_f_gyr_igmeZhgZ_^\Zkeurgh[hykvqlhhddbfh`_lmkeurZlv__ Gh=hjqZdh\jZkkeurZebm^b\e_ggh\kdbgm\[jh\vij_^eh`be_ck\hxjmdm Km^Zjugyiha\hevl_ijb]eZkblvZk"meu[gmekyhg Km^h\hevkl\b_fmeu[gmeZkvIhebgbh]eygm\rbkvgZkghom\eh`beZjmdm\_]hijhlygmlmx eZ^hgv FboZbe:e_dk__\bq\kdbgmeZhgZgZg_]hiheguclj_\h]b\a]ey^dZdlhevdhhgbhdZaZebkv\ djm]mlZgpmxsboiZjlhevdhufh`_l_ihfhqvfg_ ;h`_ijZ\ucQlhmZkkemqbehkvIhebg"m^b\beky=hjqZdh\klhevkljZgghfmaZy\e_gbx G_mf_gy\a^hogmeZIhebgZYdkh`Ze_gbxg_fh]mjZkkdZaZlvZf\k_]hI_j_^Zcl_ ihjy^hqghklbb_fmg_[_ajZaebqgZkm^v[Z@xebK_j`m\_a__\Dmavfbgdbqlh[u\u^ZlvaZfm`aZ gZr_]hkhk_^Z[ZjhgZQ_lbobgZ Fbr_ev_^\Zg_k[bekykjblfZ LZd\hlihq_fmfug_fh]ebgZclb__ijh[hjfhlZehg IZ\_eGbdheZ_\bqbkdZe@xeb"ijbreZhq_j_^vm^b\eylvkyIhebg G_ijhklhbkdZemeu[gmeky=hjqZdh\Hijhklbl_f_gyIhebgWlh\urehkemqZcghghwlh kh\_jr_ggh[_klZdlghkfh_cklhjhgu Imklh_FboZbe:e_dk__\bqYg_^_j`maeZgZdgyayR_oh\kdh]hgZkbevghfbeg_[m^_rv ]jmklghmeu[gmeZkvhgZ?kebhgex[bl@xeblhimklvihki_rbl IhebgZug_\_jhylgZy`_gsbgZZfp_gug_l\hkobs_gghaZf_lbe=hjqZdh\Yg_agZx ^jm]h]hlZdh]h^h[jh]hk_j^pZ IhebgaZj^_eZkvhldhfiebf_glZdgyaydjm`Zkvih^^b\gmxf_eh^bx\ZevkZ\_]hh[tylvyo MdjZ^dhc[jhkb\\a]ey^baih^j_kgbphgZhlf_lbeZqlhFboZbe:e_dk__\bq\_kvfZijbylguc fheh^hcq_eh\_dBohlylhdZdhgh[hr_ekyk@xebdhg_qghq_klb_fmg_^_eZ_lgh__k_kljZ\h fgh]hfkZfZ\bgh\ZlZ\lhfqlhkemqbehkvlml`_gZreZhgZ_fmhijZ\^Zgb_ =eZ\Z Mfhedebihke_^gb_Zddhj^u\ZevkZZFbr_ev\k_ijh^he`Ze^_j`ZlvjmdmIhebgu\k\h_ceZ^hgb g_hlju\Zy\a]ey^Zhlk_jh]hem[uoi_qZevguo]eZaHqgm\rbkvhgkkh`Ze_gb_f\uimklbe__ �iZevqbdbbak\h_cjmdbbijh\h^be^_\mrdmdEmdhfkdhfmbhddbghg_mr_eZklhyejy^hfk gbfbjZaju\Zykvf_`^m`_eZgb_fhklZlvky\__h[s_kl\_bg_h[oh^bfhklvx\_jgmlvky^hfhcb ihk\ylblvIZ\eZ\lhqlhhgZjZkkdZaZeZ_fm B^bl_`_Zr_kbyl_evkl\hr_igmeZIhebgZijyqZkvaZjZkdjuluf\__jhfBlZdm`_mims_gh kebrdhffgh]h\j_f_gbdZd[uiha^ghg_[ueh �he]bc\a]ey^dhlhjufhgbh[f_gyebkv[uedjZkghj_qb\_c\k_okeh\ Lhevdhke_^my\he_h[klhyl_evkl\lbohhl\_lbeFboZbeyihdb^ZxZkgugq_Gh\^jm]hcjZa km^ZjugyZfg_m^ZklkylZde_]dhba[Z\blvkyhlfh_]hh[s_kl\Z IhebgZ_^\ZaZf_lghmeu[gmeZkvgbfZgb_wlh]hkbevgh]hm\_j_ggh]h\k_[_fm`qbgu[uehdZd [ZevaZf^ey__bajZg_ggh]hk_j^pZHgZ[_ahrb[hqghihqm\kl\h\ZeZijhy\e_ggucdg_cbgl_j_kb [he__\k_]hm^b\beZkvbf_gghlhfmqlhwlhlbgl_j_kg_hklZ\be__kZfmjZ\gh^mrghcohlydgyavb g_hkuiZe__dhfiebf_glZfbdZd[hevrbgkl\hk\_lkdboagZdhfuo^h[b\Zxsboky__\gbfZgby ;uehlZdkljZgghjy^hfkgbf\gh\vihqm\kl\h\Zlvk_[y`b\hckeh\ghhllZyeZdZdZylhqZklv^mrb kdh\ZggZyoheh^hfbhllh]hkeh\ghdjuevy\ujhkebaZkibghcLZf]^__s_g_^Z\gh[ueblhevdh [hevbhlqZygv_\^jm]aZl_iebeZkvgZ^_`^Zdjhohlguch]hg_dl_ieZybkdjZqm\kl\ZY_s_[m^m kqZkleb\hch[yaZl_evgh[m^mihh[_sZeZIhebgZkZfhck_[_ijh\h`Zy]eZaZfb\ukhdmxnb]mjm =hjqZdh\Z Fbr_evki_rbeIjb_oZ\^hfhchgkjZamgZijZ\beky\kiZevgxdhlhjmxij_^hklZ\be\ jZkihjy`_gb_R_oh\kdh]hIhevkiZegh=hjqZdh\hkh[hg_p_j_fhgykvijhklh\kljyogme_]haZ ie_qh DZdh]hq_jlZ"ih^kdhqbeR_oh\kdhcghm\b^_\ijbyl_eymkihdhbekyDhlhjucqZk"[jhkbe hg\kfZljb\Zykv\ebph=hjqZdh\Z\ijbajZqghfk\_l__^bgkl\_gghck\_qb bev_]hjkdbo\b^_ekykIhebg IZ\_ely`_eh\a^hogmeMihfbgZgb_k_klju@xeb\gh\vjZkljZ\beh^mrmgZihfgbehh kh[kl\_gghc]emihklbbw]hbaf_G_kZfu_ijbylgu_\hkihfbgZgvy\a^hogmehgb\hijhkbl_evgh ihkfhlj_egZ=hjqZdh\Zh`b^Zyijh^he`_gbydhgp_dhgph\\_^vg_hIhebg`_hgijbr_e ]h\hjblvkgbf\hj\Z\rbkv\kiZevgxihkj_^bghqb" IhebgZEv\h\gZbjhgbqghmeu[gmekyFbr_evijhkbeZi_j_^Zlvl_[_^hkeh\gh_kebml_[y hklZeZkvohlvdZieyihjy^hqghklbbl_[_g_[_ajZaebqgZkm^v[Z@xeblhlu^he`_gihki_rblv G_^_exgZaZ^Dhr_e_\m\_ak_kljm\DmavfbgdbAZagh[Zl\hyhdZau\Z_lkyk]h\hj_gZkkhk_^hf Dhr_e_\uo[ZjhghfQ_lbobghf KeurZehlZdhfgZofmjbekyIZ\_eaZimkdZyiZevpu\]mklu_dm^jbDh]^ZlukdZaZeg_^_ex gZaZ^"FZl_jv[h`vywlh`\j_f_gbkdhevdhihl_jyghijhr_ilZehgihljyk_ggh Ihlhfmybg_klZe^h`b^ZlvkyKh[bjZckydZlugZmljh\Bevbgkdh_ihoehiZe_]hihie_qm =hjqZdh\K_j]_cEv\h\bqgZ^he]boih_oZe?`_ebgZihqlh\uo\ke_^imklblvkygZ]gZlvg_ gZ]hgbrvgh\k_`^h\_gqZgby^he`_gmki_lvg_kjZam`_\p_jdh\vhgbih_^ml"H^_gv]Zog_ ^mfZcm`_klhygZihjh]_^h[Z\beFboZbe \r\r\r Ijhkgm\rbkv@xebkiheaeZkihkl_ebb[hkbdhfijhreZdaZrlhj_gghfmhdgmHlh^\bgm\ ihjlv_jmhgZaZf_jeZ\dZdhflhkljZgghfhp_i_g_gbbLjb^gyfbgmehkl_oihjdZdhgZb[jZl \_jgmebkv\DmavfbgdbIZjd\djm]mkZ^v[ugZeb\Z\rbcky\_ebdhe_ib_fdjZkhdhk_gbdh]^ZhgZ m_a`ZeZba^hfmm`_mki_ejZkl_jylv\_kvk\hcyjdbcm[hjbgug_\u]ey^_e]heufbmgueuf �_\mrdZg_aZf_qZeZlh]hqlh^jh\Z\i_qb^Z\ghijh]hj_ebbijhoeZ^ZhdmlZeZdhfgZluZe_^yghc iheoheh^be[hku_klmigb\gmljbg__[uehlZd`_oheh^ghbimklhdZd\iZjd_aZhdghf ?cihq_fmlhdZaZehkvqlh^_gvwlhl[m^_lg_ij_f_gghk_jufbmgueufqlhijbjh^Z[m^_l kdhj[_lv\f_kl_kg_cgh\hij_db__h`b^Zgbyf\hklhdaZgyekyg_`gufjmfygp_fjZkk\_lZ ij_^\_sZyykguckheg_qguc^_gv=hj_klgh\a^hogm\hgZ\uimklbeZ[ZjoZlihjlv_jubak\hbo iZevp_\b[jhkbeZ[ukljuc\a]ey^gZih^\_g_qgh_ieZlv_aZ[hleb\hjZaeh`_ggh_jmdZfbI_eZ]_b gZdj_ke_IeZlv_[uehbamfbl_evgufih\_jo[_ehkg_`gh]hZleZkZgZ^_\Zekyq_oheba]ZaZ \urblucihih^hembkdmkgufbjmdZfbg_\_^hfhc_cfZkl_jbpuIh^hjh]_^hfhchgbaZ_a`Zeb\ Fhkd\mb[jZlmieZlbeaZwlhieZlv_^\hcgmxp_gmi_j_dmib\aZdZamfh^bkldbIj_^gZagZqZehkv hgh^jm]hcxghc[Zjurg_ghg_[ueh\h\j_fyhieZq_ghq_fb\hkihevah\ZekyK_j`NZlZba njZgpmakdh]hdjm`_\Zdhlhjh__chl^ZeZIhebgi_j_^hlt_a^hf[ueZklhev`_lhgdZyb\ha^mrgZy qlhihoh^beZgZfhjhagucmahjgZkl_de_Gh@xeb]ey^ygZ\kxwlmdjZkhlmkkh^jh]Zgb_f ih^mfZeZhlhfqlhgZklZelhlaehkqZklguc^_gvdh]^ZhgZ^he`gZ[m^_lihdhjb\rbkv\he_[jZlZ \klZlv\ojZf_ih^e_[ZjhgZbijhbag_klbh[_lubdeyl\udhlhju_gZ\_qghk\y`ml__kg_gZ\bklguf _cq_eh\_dhfq_jZdh]^Z[Zjhgijb_a`Zedgbf\bf_gb_qlh[u\jmqblv_ck\Z^_[gucih^Zjhd [_emxrZevbalhgdhcr_jklb^Z[uhgZfh]eZijbdjulvk\hbihqlbh[gZ`_ggu_ieZlv_fie_qb Xe_gvdZij_^ijbgyeZhlqZyggmxihiuldmih]h\hjblvkgbfgZqbklhlmHgZ\au\ZeZd_]hjZamfmb k_j^pm]h\hjbeZqlhbokh\f_klgZy`bagvg_[m^_lkqZkleb\hcihlhfmdZdg_bkiulu\Z_lhgZd g_fmgbdZdbol_ieuoqm\kl\gh:e_dkZg^j:e_dk__\bqg_^hkemrZ\j_adhh[hj\Ze__ =emihklbEx[h\vg_]eZ\gh_\[jZd_]em[hdhfuke_gghaZf_lbehgdm^Z\Z`g__qlh[ukmijm]Z hlqZygbb@xebijbagZeZkvqlhex[bl^jm]h]hghbgZwlhm[ZjhgZgZr_ekyhl\_lHdZau\Z_lky K_j]_cEv\h\bqij_^mij_^be_]hh[__ww^_lkdhfm\e_q_gbbdgya_fR_oh\kdbfghwlh\k_ ijhc^_ldZdlhevdhhgbklZgml`blvdZdfm`b`_gZbhgZihcf_lqlhgbdZdhc^jm]hcfm`qbgZg_ kfh`_lkhklZ\blv__kqZklvy:dgyay_cemqr_ihaZ[ulvihlhfmdZdg_iZjZhgZ_fmbhglml Q_lbobgbkdj_gg_jZkkf_yekygZklhevdhg_\_jhylgufihdZaZehkv_fmwlhij_^iheh`_gb_m`lhqgh g_ijbfqblkyaZg_cqlh[u^hdZaZlv\k_fmk\_lmh[jZlgh_ Ihke_lZdh]hjZa]h\hjZhgZ\_kvm`bgijhkb^_eZ\iheghffheqZgbbg_keurZh[jZs_gguodg_c keh\[m^ms_]hkmijm]ZIh^gy\]eZaZgZ[jZlZ@xeb\a^jh]gmeZK_j]_c[ue\[_r_gkl\_kljm^hf bah[jZ`ZygZimkdgh_kihdhckl\b_blhevdhh^bgQ_lbobg[ue[_afyl_`ghkqZkleb\lZdqlhg_ aZf_qZegbm[bckl\_gghcyjhklbohaybgZmkZ^v[ugZijZ\e_gghcgZ_]hg_\_klmgb[_ajZaebqgh ih^Z\e_ggh]hkhklhygbykZfhc@xeb Fg_\k_jZ\ghl\_j^beZhgZk_[_gZijhly`_gbb\k_]hm`bgZdmkZy]m[uqlh[um^_j`Zlv ih^klmiZxsb_d]eZaZfke_auB\k_`_g_\u^_j`Z\jZaju^ZeZkvbm[_`ZeZ\k\hxdhfgZlm :e_dkZg^j:e_dk__\bqkgbkoh^bl_evghh[tykgbe\k_g_j\Zfbdhlhju_dZdbm\kydhcg_\_klu jZau]jZebkvmg__i_j_^\_gqZgb_f Ih^hc^yda_jdZemXe_gvdZhdbgmeZ\gbfZl_evguf\a]ey^hfk\h_hljZ`_gb_Gmihq_fmhgZlZd djZkb\Z;ueZ[hgZ^mjgmrdhcjZa\_ihaZjbeky[ugZg__Q_lbobg":qlh_kebbamjh^h\Zlvk_[y" \^jm]ih^mfZehkv_cFh`_llh]^Z[ZjhghldZ`_lkyhlg__"Ihju\rbkv\dhjabgd_kjmdh^_eb_f Xey\uo\ZlbeZhllm^Zgh`gbpuI_j_dbgm\gZ]jm^vlheklmx^ebggmxdhkmhgZklbkgm\am[ubk kbehck`bfZydhevpZdh_dZdh[j_aZeZ__hdhehr_bJZa`Z\iZevpu^_\mrdZmjhgbeZgZiheb gh`gbpub\hehkuAZdju\ebphjmdZfbhgZ^he]hg_j_rZeZkv\a]eygmlvgZk_[y\a_jdZehJ_adh h[_jgm\rbkvgZa\mdhldju\r_cky^\_jblZdqlhdhjhldb_dm^jyrdb\af_lgmebkv\hdjm]__ebpZ @xebaZklueZgZf_kl_I_eZ]_yko\Zlb\rbkvjmdhcaZh[rbjgmx]jm^vaZf_jeZ\^\_jyo �;Zlxrdbk\_luXebyEv\h\gZZqlh`ugZ^_eZeblh" @xebih\_jgmeZkvda_jdZemDjb\hhkljb`_ggu_ijy^bg_^hklZ\Zeb^Z`_^hie_qghhgZ meu[gmeZkvk\h_fmhljZ`_gbx\i_j\u_aZihke_^gb_^\_g_^_eb :qlhI_eZ]_xrdZfh`_lg_aZohq_l[Zjhgf_gylZdmx\`_gu[jZlv"jZkkf_yeZkvhgZ GZdehgb\rbkv@xebih^gyeZgh`gbpubijhlygmeZbok\h_cih`behcgygvd_ Lum`ih^jZ\gyc^Zihdhjhq_ihijhkbeZijbkZ`b\ZykvgZklmei_j_^a_jdZehf HoZybijbqblZyI_eZ]_yijbgyeZkv\ujZ\gb\Zlv[_a`Zehklghhlo\Zq_ggu_dm^jb Dhjhq_j_`vgZofmjbeZkv@xeb G_fh]m\a^hogmeZI_eZ]_yGm^_\dZgmgZl\hjbeZlu^_eh\lhDm^Z`yl_i_jvnZlmlh dj_iblv[m^m"_^\Zg_ieZqZijh]h\hjbeZhgZ =hkih^bijhklhgZeZXeyFg_m^Z\blvkyklhkdbhohlZZl_[ydZdZylhnZlZaZ[hlbl Ijhc^_lwlhhl\_lbeZ_ckly`dbf\a^hohfgygvdZk_ijhoh^blbwlhijhc^_lIjb\udg_l_ [Zjurgy Kimkly^\ZqZkZXeym\b^_eZ\hdghdZdddjuevpmih^Zebe_]dmxdheykdmmdjZr_ggmx[_eufb �e_glZfb_gvohlvb\u^ZekyijhoeZ^gufghh^gZdh`ykgh_g_[hg_ij_^\_sZehgbdZdbo g_ijbylguokxjijbah\kih]h^hc;jhkb\dhjhldh_\hc^bl_gZklmd\^\_jvhgZjZa]eZ^beZ jmdZfbg_\_khfucq_oheba]ZaZbihijZ\beZgbldm`_fqm]ZgZg__ \uah\hfmklZ\beZkv\]eZaZ[jZlZ LZdagZqblijhlygmehgg_^h[jhijbsmjb\rbkv LZdK_j]_cEv\h\bqih^l\_j^beZhgZbih`Z\om^_gvdbfbie_qZfb\ayeZkdj_keZdjm`_\gmx nZlmdhlhjmxgZdbgmeZgZ]heh\mgZih^h[b_fZglbevb K_j]_cfheqZgZdbgme_cgZie_qbih^[blucf_ohfieZsij_^eh`bejmdmbhgZg_kdZaZ\_fm [hevr_gbkeh\Zhi_jeZkvgZg__p_jdh\v_oZeb\iheghffheqZgbbK_j`ijZ\bevghjZkp_gbe ihklmihd@xebhkhagZ\Z\qlhwlh[ueihke_^gbchlqZyggucZdlijhl_klZb]^_lh\]em[bg_^mrb \i_j\u_r_\_evgmehkvkhfg_gb_\ijZ\bevghklbijhbkoh^ys_]h @xebih\_jgmekyhgdk_klj_ Xeyg_hl\_lbeZblhevdhiehlg__k`ZeZ]m[u K_j`\a^hogme ;Zjhg[m^_lohjhrbffm`_fhg[m^_laZ[hlblvkyhl_[_G_[m^vlZdhcmijyfhcKqZklv_l\h_ hlgug_lhevdhhll_[yaZ\bkbl KqZklv_"\a\beZkv^_\mrdZLug_^Zefg_gZkqZklv_gb_^bgh]hrZgkZkg_h`b^Zgghc yjhklvxk[b\qb\haZ]h\hjbeZhgZk_ihlhfmqlhlu\k_]^Zg_gZ\b^_ef_gyKdZ`bfg_K_j` ihq_fmlukqblZ_rvqlhy^he`gZjZkieZqb\ZlvkyaZ]j_obiZi_gvdbbfZl_jbfh_c"Ylh\q_f i_j_^lh[hc\bgh\ZlZ"kfhj]gmeZhgZke_au\uklmib\rb_gZ]eZaZo Dhr_e_\g_gZr_ekykhl\_lhfbhimklb\]heh\mijbgyekykhkj_^hlhq_gghjZa]ey^u\Zlvk\hb i_jqZldb �=hkih^bZk^_eZc`_ohlvqlhgb[m^vbklh\hfhebeZhgZijhk_[yG_ohqm\koebigmeZdZd j_[_ghd\ulbjZy]eZaZ[_ehkg_`ghcr_edh\hci_jqZldhc DheykdZhklZgh\beZkvXeyhdbgmeZ\a]ey^hfkh[jZ\rbokygZ\_gqZgb_^hkm`bokhk_^_cb jh^kl\_ggbdh\[ZjhgZQ_lbobg`^Ze__gZdjuevp_Ih_]hklZ\r_fmg_^h\hevguf\b^mhgZihgyeZ qlhhgaZf_lbebaf_g_gby\__\g_rghklbbhgb_fmg_ihgjZ\bebkv;jZl\ay\__ih^jmdmklmibe ih^k\h^ug_[hevrhck_evkdhcp_jd\mrdb\ke_^aZ`_gbohfb^\mfyrZn_jZfbKe_^hfihlygmebkv hklZevgu_jZkoh^ykvhl\oh^ZbklZgh\ykvihh[_klhjhguhlgbo@xeb\a^jh]gmeZdh]^Z]medh aZoehigmeZkv^\_jvojZfZaZ__kibghckeh\ghhl]hjZ`b\Zy__hl[uehc`bagb?c\^jm]k^_eZehkv ^mjghbkiZjbgZ\uklmibeZgZe[maZdjm`beZkv]heh\ZYk_cqZkmiZ^m\^jm]kh\k_cykghklvx ihgyeZhgZbihdZqgmeZkvh\k_]eZaZXeykfhlj_eZgZijb[eb`Zxs_]hkydgbfk\ys_ggbdZk dZ^behf\jmd_IhaZ^bg_]hke_^h\Zekem`dZk^\mfyaZ``zggufbk\_qZfbG_kfh]mg_kfh]m\ iZgbd_h]eygmeZkvhgZkeh\ghkh[bjZykv[_`Zlvd^\_jbGZldgm\rbkvgZ]jhaguc\a]ey^K_j`Z hgZ\gh\vih\_jgmeZkvdZelZjx]ey^yijyfhi_j_^kh[hcKe_au\uklmibebgZ]eZaZo;h`_K^_eZc qlhgb[m^v[_aa\mqghr_ilZeZhgZHklZgh\bwlhYg_kfh]mG_\u^_j`mK_j^p_ly`_ehb qZklh[behkv\]jm^b^jh`Zebbih^]b[Zebkvdhe_gbohl_ehkvmiZklvgZihebaZ\ulv\h\_kv]hehk aZ[blvky\bkl_jbd_Klbkgm\am[u^_\mrdZg_\b^ysbf\a]ey^hfkfhlj_eZgZZelZjvijhdebgZy\ ^mr_b[jZlZb`_gboZIhaZ^bklbobfklmdhfhldjueZkvbaZdjueZkv^\_jvdlhlh_s_\hr_e \imklb\\ojZfijhoeZ^mghy[jvkdh]hmljZb\a\hegh\ZggucjhihllhklboZykh\k_flhhiylv gZ[bjZykbemijh[_`Zeihp_jd\bR_oh\kdhc\^jm]kh\_jr_gghhlq_leb\hmkeurZeZhgZke_\Zhl k_[y=hkih^bG_bgZq_ykmfZkoh`mf_^e_gghih\hjZqb\Zykvd^\_jbj_rbeZhgZQ_lbobg h[_jgm\rbckyjZgvr_g__[md\ZevghhdZf_g_eihijhoh^mp_jd\bdgbff_^e_gghijb[eb`Zeky GZ^_xkvyg_hiha^Ze"jh\ghijhbag_kIhev\a\_gys_clbrbg_ojZfZ Ihev=hkih^b;h`_wlhb\kZfhf^_e_hghk_gbeZk_[ydj_klgufagZf_gb_f[e_^gZydZd ihdhcgbpZXey:hgZlhm`[hyeZkvqlhkh\k_fkmfZkoh^bl Zr_kbyl_evkl\hIjZ\hdZdZyh^gZdhg_`^ZggZyq_klv^eyf_gyqlhuj_rbebihqlblvgZr_k Xeb_cEv\h\ghc\_gqZgb_k\hbfijbkmlkl\b_fgZr_e\k_[_kbeuoheh^ghmeu[gmlvky[Zjhg Xeyk^_eZeZrZ]ihgZijZ\e_gbxddgyaxgh[Zjhgklbkgm\__aZaZiyklv_\ugm^behklZlvkyjy^hf kgbf :e_dkZg^j:e_dk__\bq_kebg_hrb[Zxkv"meu[gmekyIZ\_e\hl\_l?kebuiha\hebl_fg_[u ohl_ehkvkdZaZlvZfg_kdhevdhkeh\gZ_^bg_ Dq_fmZr_kbyl_evkl\h"k_m`_j_r_ghQlh[uugbkdZaZebm`_gbq_]hg_evaybaf_gblv ijbsmjbekyQ_lbobg ;h`_fhc^hq_]h`_ijbylgh\klj_lblv\`_gbo_lZdmxm\_j_gghklv\kh[kl\_gghcg_\_kl_ AgZqbluagZ_l_qlh`_gbl_kvgZZdljbk_:e_dkZg^jbgkdh]hl_ZljZbZkkh\_jr_gghg_kfmsZ_l lhlnZdlqlh\_kvk\_lI_l_j[mj]ZkqblZ_lZrmg_\_klmfh_cex[h\gbp_c"mkf_ogmeky R_oh\kdhc IhojZfmihr_ejhihlQ_lbobgih[Z]jh\_ebaZ^hogmekyhlyjhklbXeykhkljZohf`^ZeZ_]h j_Zdpbb]ey^ydZdhgmlbjZ_lieZldhfihl\uklmib\rbcgZe[m WlhijZ\^Z"hk\_^hfbekyhgk\bklysbfr_ihlhfih\_jgm\rbkvdg_c u[hjaZZfbXebyEv\h\gZlbohghhlq_leb\hijhbag_kR_oh\kdhcYg_hldZau\Zxkvhl ZkJ_rZcl_dh]huohlbl_\b^_lvk\hbffm`_f Fm`_f"i_j_kijhkbeZhgZg_hl\h^y]eZahlhkmgm\r_]hkyebpZdgyay IZ\_edb\gmeih^l\_j`^Zyk\hbkeh\Zu^_jgm\jmdmbap_idboiZevp_\[ZjhgZ@xebih^hreZd R_oh\kdhfmbijbih^gy\rbkvgZghkhqdbgZ]eZaZom\k_okh[jZ\rbokyijb`ZeZkv]m[Zfbd_]h ]m[Zf BklbggZyijZ\^Zmeu[Zykv^jh`Zsbfb]m[Zfbijyfh\h\a[_r_ggh_ebphQ_lbobgZih^l\_j^beZ hgZ GmagZ_l_ebg_^h]h\hjbe[Zjhgklj_fbl_evghihdb^ZyfZe_gvdmxk_evkdmxp_jd\mrdm K_j]_cEv\h\bqkZrbf[eZ]hkeh\_gb_fbeb[_ahgh]hh[jZlbekydg_fmIhev :jZa\_mf_gy_klv\u[hj"ih`Zeie_qZfbDhr_e_\=hkih^Zh[jZlbekyhgdijbkmlkl\mxsbf \k\_l_hldju\rbokyh[klhyl_evkl\ijhrmba\bgblvgZk Dhjhldhdb\gm\]heh\hcK_j`ih\_jgmekydk_klj_b[m^ms_fmaylx Zr_kbyl_evkl\h^mfZxgZfkZfbdZd[m^msbfjh^kl\_ggbdZfg_h[oh^bfhijhykgblv g_dhlhju_\hijhkuIjhrmZkmdZaZehggZ^\_jv XebgZeZ^hrdZkdhevagmeZ\jmdmR_oh\kdh]hE_]dh_ih`Zlb_[ukljZymeu[dZh[jZs_ggZydg_c bk_j^p_aZ[behkv\]jm^bhlgZoeugm\r_]hqm\kl\Z;h`_DZd`_yex[exl_[yhl\_lbeZ_fm kbyxsbf\a]ey^hf K_j]_cEv\h\bquiha\hebl_"mdZaZedgyavgZ^\mdhedm\dhlhjhchg^h[bjZekykihqlh\hc klZgpbbkgZqZeZ\DmavfbgdbZihlhfdk_evkdhcp_jd\bFg_[uohl_ehkvi_j_]h\hjblvkXeb_c Ev\h\ghcgZ_^bg_ k\_l_Zr_]hihke_^g_]haZy\e_gbykm^Zjvg_^mfZxqlhj_imlZpbb@xebqlhlh_s_fh`_l kh[kl\_ggmxdheykdmij_^hklZ\b\k_kljmaZ[hlZfdgyay Ihfh]Zy@xebaZ[jZlvky\^\mdhedmIhevg_m^_j`Zekybih^g_kd]m[Zf__jmdm YlZd[hyekyhiha^Zlv\u^hogmehgmkZ`b\Zykvjy^hfkg_cbjZa[bjZyih\h^vy Ybf_qlZlvg_kf_eZqlhuijb_^_l_aZfghckfms_gghmeu[gmeZkv@xeb\k__s_g_\kbeZo ^hdhgpZih\_jblv\lhqlh_cg_]jhabl[he__klZlv`_ghcg_gZ\bklgh]hQ_lbobgZ R_oh\kdhchleh`beih\h^vybih\_jgmekydg_cMXebaZs_fbehk_j^p_hl_]h\a]ey^Z JZa\_fh]yihklmiblvbgZq_dhevkZfZ`bagvfhyhlgug_ZfijbgZ^e_`blmklZeh_^\ZaZf_lgh meu[gmekyhgdjZ_rdhf]m[@xebkgy\i_jqZldmIZ\_edhkgmekydhjhldhhkljb`_gguo ehdhgh\ijhimklber_edh\u_ijy^bf_`^miZevpZfbyex[exZkYihex[beZkgZ\_jgh_k lh]hfhf_glZdh]^Z\i_j\u_m\b^_e\^hf_JZ^abgkdbo\h[jZa_:ggu@ZevlhevdhqlhlZdiha^gh hkhagZewlh ?clZdohl_ehkvijbagZlvky_fm\k\hboqm\kl\Zol_i_jvdh]^Z\k___kljZobblj_\h]bdZaZehkv[u hklZebkvihaZ^bbgbqlhg_f_rZehhldjulvkyghg_kfh]eZiZfylb\k__s_hklZ\ZeZkvWe_g\ _]hh[tylvyomihdhc=hkih^b__^mrmhgZ\k__s_\b^_eZ_]hmeu[dmh[jZs_ggmxdIhebg_ IhebgZLhevdhIhebgZfh]eZjZkkdZaZlv_fmhieZgZoK_j`ZG_m`lhb\ijZ\^mg_^_j`blk_kljZ aeZgZg__":y[ug_kfh]eZ\a^hogmeZk\hbffukeyf@xebih^gyeZ]eZaZbihgyeZqlhhg\k_ _s_`^_l__hl\_lZ :y^mfZeZhZkkl_okZfuoihjdh]^Zu\i_j\u_\t_oZeb\\hjhlZgZr_cmkZ^v[ugZk\h_f \hjhghfg_k\h^y]eZak_]hebpZhlha\ZeZkv@xeblZdbg_j_rb\rbkvijhbag_klbl_okeh\qlh hg`^Zehlg__ Ih\_jgm\rbkvdg_fmhgZih^klZ\beZ]m[u_]h]m[ZfIhp_emcihgZqZemg_`guclhfbl_evguc klZgh\beky\k_lj_[h\Zl_evg__Hlhj\Z\rbkvhlijbimorbo]m[R_oh\kdhci_j_\_e^uoZgb_S_db @xebjZkdjZkg_ebkv]eZaZih^_jgmebkvlmfZgghc^ufdhc Hg\k__s_kljm^hf\_jbeqlhmki_ehklZgh\blv\_gqZgb_KljZoihl_jylv__]gZe_]h\kx^hjh]m aZklZ\eyeij_h^he_\Zyg_bfh\_jgmxmklZehklvi_j_kZ`b\Zlvkybah^gh]hihqlh\h]hwdbiZ`Z\ ke_^mxsbc[_akgZbhl^uoZIZ\_e^Z`_^mfZlv[hyekyhlhfqlhklZeh[ukgbfb_keb[u_fmg_ m^Zehkvr\ujyys_^jhkkm`_ggu_Fbr_e_f^_gv]bgZijZ\hbgZe_\h\k_fbijZ\^Zfbb g_ijZ\^Zfb\h\j_fy^h[jZlvky^hklZjh]hk_evkdh]hojZfZH[uqghgZ^hjh]m\Bevbgkdh_mg_]h �moh^behqmlv[hevr_^\mog_^_evh[bjZykvgZihqlh\uohgkhdjZlbe\j_fyimlb^hkh\_jr_ggh g_\_jhylguo\hkvfb^g_cHq_fhglhevdhg_i_j_^mfZeaZwlb^gbgh\k_[hevr_hlhfqlh[ue ke_ig_kmf_\jZa]ey^_lvbklbggh]hqm\kl\ZaZ`_eZgb_fiehlb L_i_jvihke_wlhckmfZkr_^r_c]hgdb^\mdhedZg_ki_rghdZlbeZihiuevghc^hjh]_R_oh\kdhc ki_pbZevghg_ki_rbegZkeZ`^ZykvlZdhc`_eZgghc[ebahklvxklhcbaaZdhlhjhc^Z\ghebrbeky kgZbihdhy@xeb^h\_jqb\hiheh`b\]heh\m_fmgZie_qhlZyeZhlkqZklvy;h`_dZd`_ohjhrh [uehjy^hfkgbf\b^_lv_]hkeurZlvG_m^_j`Z\rbkvhgZjh[dhdhkgmeZkvjmdhcfy]dhcldZgb _]hdZjjbdZbIhevmeu[gmeky_c\hl\_ldZdfZevqbrdZ i_j_^bihdZaZebkv\hjhlZmkZ^v[uukhdZynb]mjZ[jZlZfZyqbeZhdhehdjuevpZK_j`g_klZe aZoh^blv\^hfZ\g_j\ghf\ha[m`^_gbbjZkoZ`b\Zei_j_^djuevphfh`b^Zybobihoehiu\Zy oeuklhfih]he_gbsZfgZqbs_gguo^h[e_kdZkZih]IZ\_egZlygmeih\h^vyhklZgZ\eb\Zy^\mdhedm i_j_^^hfhfI_j_^Z\\h``b]jmfme_]dhkhkdhqbekih^gh`dbbih^Zejmdm@xeb G_\uimkdZyjmdb@xebR_oh\kdhcih^gyekyihklmi_gyfKdhevdhjZahgijb_a`Zekx^Zqlh[u m\b^_lvIhebgb_fmgbjZam^Z`_\]heh\mg_ijbrehqlhdh]^Zgb[m^vhg\gh\v[m^_l ih^gbfZlvkyihwlbfklmi_gyf^_j`ZaZjmdm__feZ^rmxk_kljmb\k_fk_j^p_f`_eZydZdfh`gh [uklj__gZa\Zlvlmk\h_ckmijm]hc XebyEv\h\gZhklZ\vl_gZkihdZf_kllhghfg_l_jiysbf\hajZ`_gbyihijhkbeK_j`_^\Zhgb i_j_klmibebihjh]hkh[gydZ K_j`ihiulZeZkvhgZ\hajZablvgh[jZli_j_[be__ MZkkIZ\ehfGbdheZ_\bq_f_s_[m^_l\j_fyih]h\hjblvgZofmjbeky[jZlZihdZi_j_f_gbl_ ieZlv_bjZkihjy^bl_kvqlh[uh[_^ih^Zeb G_ihkf_\hkemrZlvkyXe_gvdZm^ZebeZkv\k\hxdhfgZlmhklZ\b\R_oh\kdh]hb[jZlZHgZ ^h]Z^u\ZeZkvhq_fK_j]_c[m^_l]h\hjblvkdgya_fbh^gh\j_f_gghb`_eZeZb[hyeZkvlh]hqlh [jZlhldjh_lIhex\kxijZ\^mh__ijhrehfQlh_kebmagZ\qlhhgZ\k_]hebrvm[ex^hd\ kh[kl\_gghck_fv_R_oh\kdhchldZ`_lkyhlg__"a\hegh\ZggZyI_eZ]_y`^ZeZohaycdm\kiZevg_ HofbeZy\hghghdZd\k_h[_jgmehkvmeu[ZeZkvkd\havke_auklZjZygygvdZIjb_oZedZkZlbd l\hcagZlv[m^_ll_[_kqZklv_G_ajyyghq_cg_kiZeZ\k_fhebeZ;h`_gvdmqlh[uhl\_ehghl l_[y`_gbrdZihklueh]h HoI_eZ]_xrdZybkZfZih\_jblv[hxkvk_dZ`_lkyhldjhxk_cqZk]eZaZbg_l_]h meu[ZeZkvXe_gvdZihdZI_eZ]_yjZkkl_]b\ZeZfZexk_gvdb_djxqdbgZih^\_g_qghfieZlv_ KlZjZykvg_^mfZlvhlhfq_f^eyg__aZdhgqblkyjZa]h\hj[jZlZkdgya_f@xebhlijZ\beZkvgZ dmogxhl^ZlvjZkihjy`_gb_gZkq_lh[_^Z K_j``_klhfijb]eZkbeR_oh\kdh]h\k\hcdZ[bg_lMdZaZ\dgyaxgZm^h[gh_dj_kehkZfDhr_e_\ �ijbgyekyjZkoZ`b\Zlvbam]eZ\m]he\hydh_qm\kl\hbkiulu\ZehgmagZ\h`_eZgbbIZ\eZ GbdheZ_\bqZ`_gblvkygZ_]hfeZ^r_ck_klj_Kh^ghcklhjhguihke_lh]hdZd@xeb\h \k_mkeurZgb_ijbagZeZkvqlhhgZex[h\gbpZR_oh\kdh]hg_[ueh^eyg__l_i_jvbgh]himlbdZd lhevdhih^\_g_pkdgya_f^Zblh__bihke_wlh]hhkm`^Zlvbh[km`^Zlv[m^mlZk^jm]hc[ueZ IhebgDZdmx`_[hev_cijbg_k_l\_klvh[wlhck\Z^v[_"q_jluogmekyDhr_e_\\kihfbgZy__ ke_aubhlqZygb_HklZgh\b\rbkvhdhehhdgZlZdqlh[uljm^gh[uehjZa]ey^_lv_]hebphK_j` h[jZlbekyddgyax IZ\_eGbdheZ_\bqygZ^_xkvuiheghklvxhl^Z_l_k_[yhlq_l\lhfqlh^_eZ_l_"Fu\_^vm`_ ijhoh^bebq_j_ah^gmihfhe\dmgZihfgbehg YihgbfZxqlhfh_j_r_gb_\hlghr_gbbIhebgufy]dh]h\hjyb^_l\jZaj_akh\k_fbihgylbyfb hq_klbb^hklhbgkl\_ih\bgbekyR_oh\kdhcgh\lhfqlhdZkZ_lky@xebyg_hlklmiexkv Bgu_fhlb\uih[m^bebf_gydlhfmqlh[uijhkblv__jmdb Ijhkblv"mkf_ogmekyDhr_e_\ug_hklZ\beb\u[hjZAgZ_l_ebuqlh@xeb g_aZdhgghjh`^zggZy"Zkg_im]Z_lk_cnZdl" AgZxklZjZykvjZa]ey^_lv\ujZ`_gb_ebpZkh[_k_^gbdZih^gyekykdj_keZIhevkl_fqlh[u_]h ]eZaZhdZaZebkvgZh^ghfmjh\g_k]eZaZfbDhr_e_\ZQ_]hu^h[b\Z_l_kvK_j]_cEv\h\bq" kijhkbehgijyfh]ey^y_fm\]eZaZOhlbl_qlh[uyhlklmibeky";hbl_kvqlhfh_\_gqZgb_k @xebijbg_k_lg_fZeh]hjyIhebg" Dhr_e_\\a^hogmedb\Zy]heh\hcbih^l\_j`^Zy_]h^h]Z^dmIhevgZofmjbekyjZa^mfu\ZydZd @xebgh\dhgp_dhgph\j_rbeky YihgbfZxqlh\wlhihqlbg_\hafh`ghih\_jblvghbf_gghIhebgyh[yaZgl_fqlhgZoh`mkv a^_kvf_^e_gghijh]h\hjbeR_oh\kdhc\gbfZl_evghgZ[ex^ZyaZK_j]__fHgZjZkkdZaZeZh ZrboieZgZo Ihebg"g_m^_j`ZekyK_j]_cG_^mfZeG_^mfZeijh]h\hjbehgg_^h\_jqb\hdZqZy]heh\hc lZdhfkemqZ_Zr_kbyl_evkl\hyiheZ]Zxg_klhblhldeZ^u\Zlv\_gqZgb__kvm_a^blZd^he]h _s_[m^_lkm^ZqblvhklhevkdZg^Zevghfij_^eh`_gbbjmdbbk_j^pZ Iheghklvxkh]eZk_gkZfbhl\_lbeR_oh\kdhc Lh]^Zij_^eZ]Zx\wlmiylgbpm_^\ZaZf_lghmeu[gmekyDhr_e_\IhlhfmdZd\j_f_g_fu gZkdhevdhyihgbfZxg_jZkiheZ]Z_l_ Imklv[m^_liylgbpZkh]eZkbekyR_oh\kdhcBuijZ\uy^he`_gdZdfh`ghkdhj__\_jgmlvky \I_l_j[mj] Hl_pimklbe\oh^\k_k\yabbihlhfm_]hdhfZg^bj]_g_jZeZ^txlZglDZl_gbgkhkeZ\rbkvgZ hlkmlkl\b_hlph\kdh]h[eZ]hkeh\_gbydZl_]hjbq_kdbhldZaZe\\u^Zq_jZaj_r_gbygZ\_gqZgb_Hg mfqZeky\Bevbgkdh_g_bf_yjZaj_r_gby^Z`_gZlhqlh[uihdbgmlvklhebpmgZklhev^ebl_evguc kjhdihwlhfmih\ha\jZs_gbx_]hihf_gvr_cf_j_h`b^Z_lZj_klb]Zmil\ZolZgZg_kdhevdhkmlhd Ghwlhklhevfba_jgZyieZlZaZlhqlh[ugZa\Zlv@xebk\h_c`_ghci_j_^;h]hfbex^vfbZaZl_f ijb\_alb__\I_l_j[mj]bgbdh]^Zm`_g_jZaemqZlvky[he__ IZ\_eihgbfZeqlhgZh[jZlgmx^hjh]m\j_f_gbmg_]hmc^_ldm^Z[hevr_ihlhfmdZdkfheh^hc `_ghcg_ih_^_rv\lhc`_ki_rd_dZdhg^h[bjZeky\Bevbgkdh_dlhfm`hgbihiZ^mlgZkZfmx hk_ggxxjZkimlbpmdh]^Zbfm`qbg_ly`dhijboh^blky\imlbZihlhfmhgaZjZg__[ue]hlh\d g_ijbylgufihke_^kl\byfk\h_]hj_r_gbyqlhh`b^Zxl_]h\ihedm h\j_fyh[_^Z@xeblhb^_eh[jhkZeZdhjhldb_\a]ey^ugZk\h_]hgZj_q_ggh]h\kiuob\ZydZ`^uc jZahl_]hfgh]hh[_sZxs_cmeu[dbblhckljZklbqlhe_]dhqblZeZkv\]eZaZoDhr_e_\`_[ue fjZq_gbaZ^mfqb\hbklbgmg_bkih\_^bfuimlb=hkih^gbHg`_eZeihjh^gblvkykR_oh\kdbfb \i_j\u_aZf_lb\bgl_j_kdgyaydIhebgb\hlj_amevlZlR_oh\kdhclZdbklZg_l_]hayl_fghdZdhc p_ghcjy^ebfh`gh[m^_lh`b^Zlvfbehkl_chlGbdheZyFZl\__\bqZqlhdg_fmdZd jh^kl\_ggbdmg_m]h^ghc_]hkbyl_evkl\mg_\_kldbqlhdkugmdhlhjucihkf_ehkemrZlvky hlph\kdh]hkeh\ZIZ\_eGbdheZ_\bq\ijb\Zlghc[_k_^_g_klZekdju\Zlvhlg_]hbklbggh]h iheh`_gby^_eghhgbh[ZihgbfZebqlhg_[uehhlgug_bgh]himlb^ey@xeb Ihke_h[_^ZIZ\_eqm\kl\myqlh_s_g_fgh]hbhgijhklhk\Zeblkykgh]hlgZdhib\r_cky mklZehklbihijhsZekyk@xebbK_j`_fbgZijZ\beky\Bevbgkdh_gZ^_ykvqlhjZkihjy`_gby iZi_gvdbhlghkbl_evgh_]hi_jkhgu_s_g_^hklb]eblZfhrg_]hmijZ\eyxs_]hHdZaZ\rbkv gZdhg_p\bf_gbbb^h[jZ\rbkv^hkh[kl\_gghckiZevgbIZ\_eijh\Zebeky\]em[hdbckhg G_kfhljygZmklZehklvIhevijhkgmekyihkj_^bghqb?s_\k_]hebrvh^bg^_gvbhg\klZg_lih^ \_g_pklhcqlhkZfZkm^v[Zij_^gZagZqbeZ_fmE_`ZgZkibg_hgkfhlj_e\ihlhehd^b\ykvlhfm dZdkbevghihf_gyeZkv`bagv_]hihke_\klj_qbk:gghcG_lg_k:gghck@xebkmeu[dhc ihijZ\behgk_[yI_j_\_jgmehkvbhlha\ZehkvkeZ^dhc[hevx\]jm^bk_j^p_ijb\hkihfbgZgbbh lhfdZdp_eh\Ze__\^\mdhed_g_\kbeZohlhj\Zlvkyhlg_`guo]m[l_jyyhsms_gb_j_Zevghklbhl lhcp_ehfm^j_gghcjh[hklbkdhlhjhchgZg_kf_ehhl\_qZeZgZ_]hihp_emblbohihklZgu\Zy\_]h hkf_ebekydhkgmlvky^_\bq_c]jm^bq_j_alhgdmxldZgvih^\_g_qgh]hieZlvy__bamfe_gguc\a^ho rbjhdhjZkiZogmlu_]eZaZ;h`_B]^_gZclb\k_[_kbeui_j_`blv_s_h^bg^_gvbh^gmghqv" \a^hogmehgi_j_\hjZqb\ZykvgZ[hd Dhg_qghhg`_eZe__I_j\h_qlhhghsmlbeijb\a]ey^_gZlZbgkl\_ggmxPDGHPRLVHOOH ;ukljbpdmx[uehbf_gghiehlkdh_`_eZgb_AZohl_ehkvh[eZ^Zlv_xg_aZ^mfu\Zykvh__qm\kl\Zo b`_eZgbyoHgih`ZemcbkZf[ug_kfh]klhqghklvx\hkklZgh\blv\iZfylblhlfhf_gldh]^Z `_eZgb_l_eZi_j_klZeh[ulv^eyg_]h]eZ\gufdh]^ZaZohl_ehkv[hevr_]h\eZ^_lvp_ebdhfg_ lhevdhl_ehfghb^mrhcKlZlvqZklvx__`bagb__kZfhc k__s_l_jaZebkhfg_gbyHgm`_g__^bgh`^uijbagZeky@xeb\k\hboqm\kl\ZoZ\hl\_llZdb g_mkeurZegbq_]hhij_^_e_ggh]h:odZdihjhcaZ\bkbfufuhlwlbolj_oijhkluokeh\qlh ^_eZxlky\^jm]^hjh`_\k_]hgZk\_l_Ihq_fmhgZk_]h^gyijhfheqZeZ"g_^hmf_\ZeIhev G_m`_eb\k__s_g_\_jbl"Beb\^jm]hfijbqbgZ__fheqZgby"kihfgbehkv\^jm]kdZdbf`Zjhf hgZ]h\hjbeZ_fmh`_eZgbbbf_lvk_fvxb^_l_cQlh_keb__eh`v\hkiZk_gb_ij_ke_^h\ZeZebrv h^gmp_ev"ihoheh^_eh\^jm]\]jm^bIhklZ\b\gZdhgk\hxj_imlZpbxbq_klvjbkdgm\\k_fhgZ �l_fg_f_g__\k_`_\ulZsbeZkqZkleb\ucehl_j_cguc[be_lZbjZa\_`fh]hgihklmiblvbgZq_" Ijhqvg_^hklhcgu_fukebih^gyekykihkl_ebR_oh\kdhcijbajZqghfk\_l_emguIZ\_egZr_e gZlmZe_lghfklhebd_gZ[blmxlZ[Zdhfljm[dmhklZ\e_ggmxlZfij_^mij_^bl_evghcijbkem]hcK l_oihjdZdhg\_jgmekybaLbnebkZhgdmjbe\k_j_`_ghk_cqZkg_kl_jibfhaZohl_ehkv\^hogmlv ]hjvdbc^ufaZ[ulvhl_okhfg_gbyoqlh\^jm]\hj\Zebkvkj_^bghqb\_]h]heh\maZklZ\eyy mkhfgblvky\ijZ\bevghklbijbgylh]hj_r_gbyIh^hc^ydhdgmhgjZkiZogmejZfmbijbk_\gZ ih^hdhggbdaZdmjbeG_]h`_khfg_\Zlvkyljyogmehg]heh\hcHog_]h`_`bagvk_f_cgmx gZqbgZlvklZdbofuke_cBaZq_f_fmkeh\Z"_^vqblZe`_hl\_l\__]eZaZoDZdbfkqZklv_f k\_lbebkvhgbdh]^Z\p_jd\brZ]gmeZ\_]hh[tylvyG_m`_ebfh`ghijbl\hjylvkylZd"=hjvdh lhevdhqlhdZdgbdjmlbZQ_lbobgihkjZ\g_gbxkgbfl_i_jvm`dm^Z[he__\u]h^gZyiZjlby ihlhfmdZdhggug_]hedZdkhdhek_qlhmg_]h_klvhnbp_jkdh_`Zeh\Zgv_^Zdh_dZdb_hklZldb gZebqguoqlhg_mki_eijhdmlblv\[ueu_\_k_eu_^_gvdbIjZ\^ZDhr_e_\]h\hjbe_fmqlhlhh ijb^Zghfgh\k_\hkklZ\Zeh\g_fijhlb\lh]hqlh[u`blvgZ^_gv]b`_guG_]h^blky_fm ]\Zj^_ckdhfmhnbp_jm`blvih^h[gufh[jZahf^ZlhevdhihdZm\ugbq_]hg_ijboh^beh\ ]heh\m Ly`_eh\a^hogm\R_oh\kdhc\uljyogmebaih]Zkr_cljm[dbi_i_ebaZl\hjb\hdgh\_jgmeky\ ihkl_evghlZdbg_mkgmeijh\hjhqZ\rbkv\fy]dhcihkl_eb^hkZfh]hjZkk\_lZIhmljmIZ\_e ijhc^ygZdhgxrgx\_e_ehk_^Zlvkfbjgh]hf_jbgZdhlhjh]hh[uqghbkihevah\ZemijZ\eyxsbc ^eyk\hboih_a^hdbg_lhjhieb\hgZijZ\beky\DmavfbgdbHklZgh\b\rbkvg_ih^Ze_dmhlmkZ^v[u Ihevkljm^hfk^_j`b\Zyg_l_ji_gb_gZ[ex^ZedZd\\kluehf\ha^mo_ghy[jvkdh]hmljZ\v_lky ^ufbai_qguoljm[H[h`^Z\^eyijbebqbydgyav\t_oZe\\hjhlZmkZ^v[uDhr_e_\uoklj_lbeb _]hdZdklZjh]hagZdhfpZG_^h`b^ZykvjZkkijhkh\^\hj_pdbcihki_rbekhh[sblvqlh[Zjurgy m`_\klZebbgugq_aZ\ljZdZxl\fZehcklheh\hc Yh[h`^m[jhkbeIhevmkljZb\ZykvgZfy]dhckhn_\^b\Zgghc G_ijhrehbq_l\_jlbqZkZdZd\lbrbg_[hevrh]h^hfZihkeurZebkve_]db_rZ]bXe_gvdZ\ k\_lehf^hfZrg_fieZlv_gZf]gh\_gb_hklZgh\b\rbkvgZihjh]_bhlukdZ\_]h]eZaZfb Y`^ZeZZkLZd`^ZeZr_ilZeZhgZih^klZ\eyyebph_]h[ukljufihp_emyf=hkih^bkqZklv_ dZdh_qlhg_khgwlh\h\k_dZdfg_ijb\b^_ehkvihmljm G_khgih^ghkyd]m[Zf__lhgdb_iZevpur_ilZe\hl\_lR_oh\kdhc Ihevdhkgmekydhjhldbodm^j_cgZ__aZlued_m^_j`b\Zy]heh\m\k\h_ceZ^hgbkdehgbekydg_c\ ihp_em_g_bf_xs_fgbq_]hh[s_]hkij_^u^msbfbDjh\v[uklj__ih[_`ZeZih`beZfgZihegyy \k_l_eh`ZjdhcbklhfhcAZohl_ehkvklbkgmlvlhgdbcklZgjmdZfbijb`Zlvdk_[_qlh[ug_ hklZehkvf_`^mgbfbgb^xcfZJmdb_]heZkdh\h]eZ^bebom^_gvdb_ie_qb\uklmiZxsb_ehiZldb aZju\Zebkv\r_edh\bklu_dm^jbHlhj\Z\rbkvhlbkl_jaZgguo]m[R_oh\kdhcg_k\h^be`Zjdh]h \a]ey^ZkaZlmfZg_gguo]eZaijbhldjuluo]m[kljhcghcr_b]^_lhgdhc]hem[hc`bedhc ebohjZ^hqgh[bekyimevk YjZamfl_jyxjy^hfklh[hcih]eZ`b\ZydhgqbdZfbiZevp_\lhgdb_dexqbpuijbagZekyhg_^\Z keurghkZfkljZrZkvkbeulh]hqm\kl\Zqlh\eZ^_ehbf Yex[exl_[yh^gbfb]m[Zfbijhr_ilZeZ@xebbkijylZeZebphmg_]hgZ]jm^b AZ\ljZr_igmeIhevkmeu[dhc AZ\ljZmeu[gmeZkv\hl\_l@xebihgbfZy_]h[_akeh\Z\]jm^brbjbeZkvbjhkeZjZ^hklvhl lh]hqlhmkeurZe=hkih^v__fhebl\uihkeZ\_cex[h\vlh]hdlhlZd^Z\ghklZekfukehf\k_c__ `bagb =eZ\Z DZd[ugbohl_ehkv@xeb\_kv^_gvijh\_klbkR_oh\kdbfkebrdhffgh]h^_egZ\ZebehkvgZg__ qlh[ufh`gh[uehiha\heblvk_[_lZdmxjhkdhrvIjhklb\rbkvkIZ\ehfGbdheZ_\bq_fhgZ \_jgmeZkvdk\hbfaZ[hlZfOhjhrhohlvijb^Zgh_g_gm`ghkh[bjZlv\a^hogmeZhgZ[jhkb\ \a]ey^gZ]hlh\u_dhlijZ\d_kmg^mdbm`_lj_lbc^_gvklhysb_\m]em__g_[hevrh]h[m^mZjZ LhlqZk\kihfgbehkvk_j^blh_ebph:e_dkZg^jZ:e_dk__\bqZgZeb\rb_kydjh\vx]eZaZkm^hjh`gh k`Zlu_\dmeZdbiZevpuXey\a^jh]gmeZbi_j_dj_klbeZkvhl\_e=hkih^vhlg__[_^mebomxHg \_^v^Z`_lZf\ojZf_;h`v_f_e_k^_j`b\Zekyqlh[ug_m^Zjblv__:dZdijhagZe[uQ_lbobgijh __i_l_j[mj]kdb_ihoh`^_gby\hqlh[ulh]^Z\uebeky]g_\kmijm`_kdbc" IhdZhgZjZa^mfu\ZeZh[h\k_fwlhfI_eZ]_ylsZl_evghhkfZljb\ZeZih^\_g_qgh_ieZlv_jZaeh`b\ _]hgZdjh\Zlb M[_jb_]hgZofmjb\rbkv[jhkbeZXey �ZdZd`_wlhm[_jb"\kie_kgmeZjmdZfbI_eZ]_y:ih^\_g_p\q_fihc^_rv" M`emqr_\jm[bs_q_f\g_fhlj_aZeZXe_gvdZbih\_jgmeZkv\klhjhgmhldjulhc^\_jb ]Zj^_jh[ghc a]ey^__miZegZijhklh_[_eh_ieZlv_kdjm`_\ghch[hjdhcihih^hem_^bgkl\_ggufmdjZr_gb_f �dhlhjh]h[ueZkdjhfgZy\urb\dZihdjZxg_]em[hdh]h\uj_aZk^_eZggZyjmdZfbIhebghklZ\_]h ba]Zj^_jh[Z@xebZddmjZlghih\_kbeZieZlv_gZkibgdmdj_keZI_eZ]_ylhevdhg_h^h[jbl_evgh ihdZqZeZ]heh\hc :k_glbf^_eZlvqlh"g_m^_j`ZeZkvhgZhl\hijhkZex[mykvbaukdZggufl\hj_gb_ffh^bkldb Xe_gvdZih`ZeZie_qZfb �Zfg_\k_jZ\ghM[_jbih^Zevr_Fh`_lk]h^blky_s_dhfmZy_]hb\b^_lvg_ohqm IhevijbagZekyqlhlhjhiblky\_jgmlvky\klhebpmbihlhfmgZaZ\ljZkjZamihke_\_gqZgbybf fgh]h^h\_ehkvi_j_`blvghaZgbfhgZ]hlh\Z[ueZihke_^h\Zlvdm^Zm]h^ghIhwlhfmih^Z\b\ ly`_euc\a^hohgZijbgyeZkv\f_kl_kI_eZ]__cmdeZ^u\Zlvk\hb\_sbhl[bjZylhevdhkZfh_ g_h[oh^bfh_HklZevgh_K_j`h[_sZehlijZ\blvbf\hke_^gZZ^j_k=hjqZdh\Z JZ^hklgh_gZkljh_gb_hllh]hqlhhgZ\hl\hlkh_^bgblk\hx`bagvkl_fdh]hihex[beZ\k_f k_j^p_fg_kdhevdhihf_jdehdZdlhevdhhgZaZ^mfZeZkvhlhfdZdh_[m^ms__bo`^_lDgyav[uek g_chldjh\_g_gbg_klZekdju\Zlvqlh_fmhlgug_g_q_]h_cij_^eh`blvdjhf_lblmeZbk\h_]h k_j^pZLblme@xebgbkdhevdhg_jZ^h\ZegZh[hjhl^Z`_[hyaghklZgh\behkvhllh]hdZdb_ h[yaZl_evkl\Zhghlgug_gZg__gZeZ]Z_lHgZij_djZkghhl^Z\ZeZk_[_hlq_l\lhfqlhkdZg^ZevgZy `_gblv[Z_^bgkl\_ggh]hgZke_^gbdZklZjbggh]hdgy`_kdh]hjh^ZgZ\_jgydZijb\e_q_ldk_[_ \k_h[s__\gbfZgb_b\uah\_lg_fZehlhedh\:m`mqblu\Zy__j_imlZpbxg_[uehgbdZdbo khfg_gbc\lhfqlh\k\_l_hlau\uhgh\hbki_q_gghcdgy]bg_[m^ml\_kvfZg_e_klgufb HgZohl_eZ[uehihijhkblvK_j`Zhlimklblv\f_kl_kg_cbI_eZ]_xgh\^jm]kh\k_cykghklvx ihgyeZqlhg_agZ_l]^_kZfZhdZ`_lkyihijb_a^_\klhebpm;m^ms__bo[uehkh\_jr_gghg_ hij_^_e_gghbg_kmebehe_]dbo^g_c D\_q_jmhgZhlmklZehklbg_qmyeZgh]ih^kh[hcGhg_lhevdhmklZehklvb\heg_gb_bkiulu\Z_fh_ _xi_j_^\_gqZgb_f[uebijbqbghc__fheqZeb\hcaZ^mfqb\hklbKb^y\dj_ke_hgZg_\b^ysbf \a]ey^hfmklZ\beZkvgZieZfyk\_qbG_[uehmg__fZl_jbqlh[ugZklZ\blv__i_j_^`bagvx kmijm`_kdhch[tykgblvlhqlhk_cqZklZd\hegh\Zeh__FZq_oZ__EZjbkZ:nZgZkv_\gZm^ZebeZkv hlfbjkdhckm_lu_^\Z@xebfbgmeh^\_gZ^pZlv^Zih`Zemcbg_klZeZ[uhgZ]h\hjblvkg_ch lhfqlh\kmijm`_kdhckiZevg_f_`^mfm`_fb`_ghcijhbkoh^bl �ZhgZex[beZ_]h\k_c^mrhc_cijbylgu[ueb_]hihp_embbeZkdbghZ^Zevr_lhqlh" g_^hmf_\ZeZhgZDZd`blvlhhgb[m^ml"HgZh[mq_gZ[ueZ\_klbohayckl\hbgZ\_jgydZ kijZ\beZkv[udhev^h\_ehkv[ubf`blv]^_lh\bf_gbbghIZ\_ekh[bjZekydZdfh`ghkdhj__ \_jgmlvky\klhebpmDZdgbkbebeZkv@xebij_^klZ\blvk_[_qlhaZ`bagv__`^_lkfheh^uf kmijm]hf\I_l_j[mj]_lZdgbq_]hlhedhfbg_fh]eZijb^mfZlv KdjbigmeZ^\_jv\uj\Z\XexbapZjkl\Z]j_aLhijbreZI_eZ]_yqlh[um[jZlvk\hx[Zjurgxdh kgm Q_]hkfmjgZylZdZy"eZkdh\hkijhkbeZgygvdZjZkkl_]b\ZydjxqdbgZ__ieZlv_ HoI_eZ]_yagZlv[uqlhaZ`bagvf_gy`^_l"hliulZeZkvy^mfZlvh[m^ms_fZgbq_]h\ ]heh\mbg_ijboh^bl\a^hogmeZ@xeb :lug_^mfZchlhfImsZcmfm`Zl\h_]hghgq_]heh\Z[heblhlha\ZeZkvI_eZ]_yLu]eZ\gh_ kkmijm]hfk\hbfeZkdh\Z[m^vbakiZevgbg_]hgbbg_[hckygbq_]hDgyavl_[_om^h]hg_k^_eZ_l Dhebex[brv_]h\k_ohjhrh[m^_l Lj_\h`ghfg_ihdZqZeZ]heh\hc@xebhlg_agZxhlq_]hgh]eh`_lqlhlh KiZlveh`bkvMljh\_q_jZfm^j_g__meu[gmeZkvgygvdZ;m^_l^_gv[m^_lbibsZ GZmljhXe_gvdZijhkgmeZkv_^\ZjZa\b^g_ehkvmfueZkvoheh^ghc\h^hcqlh[uijb^Zlvjmfyg_p [e_^gufs_dZfbijbgyeZkvaZaZ\ljZdqlhijbg_keZgZih^ghk_I_eZ]_yijyfh\__kiZevgx Lhjhieb\hh[eZqb\rbkv\kdjhfgh_[_eh_ieZlv_hdbgmeZk_[y\a_jdZehijb^bjqb\uf\a]ey^hf Ly`_eh\a^hogmeZ`ZevklZehhkljb`_gguoehdhgh\ghihlhfmeu[gmeZkvk\h_fmhljZ`_gbxb gZdbgm\gZ]heh\mnZlm[ukljufrZ]hf\ureZbadhfgZlu\\_klb[xev]^___m`_h`b^Ze[jZl ijb]eZr_gguogZkdjhfgmxp_j_fhgbx?s_ba^Zeb@xebaZf_lbeZ\ukhdmxnb]mjmdgyayhdheh p_jdh\ghch]jZ^uIZ\_eGbdheZ_\bqg_j\ghjZkoZ`b\Zyi_j_^\oh^hfg_k\h^be]eZak ijhk_ehqghc^hjh]bAZ\b^_\ijb[eb`ZxsmxkydheykdmR_oh\kdhchklZgh\bekyb^h`^Z\rbkv dh]^ZhgZhklZgh\blkyih^hr_edijb[u\rbfqlh[uihfhqv[m^ms_ckmijm]_\u[jZlvkyba wdbiZ`Z K\b^_l_eyfb\uklmibebmijZ\eyxsbcR_oh\kdboblhlkZfuckljyiqbcqlhki_rghhnhjfeye [jZqguc^h]h\hj K_j^p_aZ[behkvkbevghbqZklhdh]^Zk\ys_gghkem`bl_evijb[ebabekydgbfk^\mfy]hjysbfb k\_qZfbKe_^hfaZgbfr_e^bZdhg^_j`Z\jmdZoih^ghkgZdhlhjhfe_`Zeb^\ZijhkluodhevpZ [_amdjZr_gbc ay\k\_qmbajmdk\ylh]hhlpZihke_ijhbag_k_ggh]hbf[eZ]hkeh\_gbyXeyljb`^uhk_gbeZk_[y dj_klgufagZf_gb_fkdhkb\\a]ey^gZk\h_]hgZj_q_ggh]h H[jmqZ_lkyjZ[;h`bcIZ\_ejZ[_;h`b_cXebbljb`^ugZjZki_\ijhbag_k\_gqZxsbcbo kem`bl_evgZ^_\ZydhevphgZ[_aufygguciZe_pijZ\hcjmdbR_oh\kdh]h H[jmqZ_lkyjZ[Z;h`byXebyjZ[m;h`v_fmIZ\emih\_jgmekyhgdg_c XeyijhlygmeZjmdmG_fgh]h\_ebdh\Zlh__cdhevphkhkdhevagmehkiZevpZbkha\hghf m^Zjb\rbkvhiheihdZlbehkvihijhoh^mGZ]gm\rbkvK_j]_cihcfZe_]hbijhlygmeh[jZlgh k\ys_ggbdm Om^Zyijbf_lZlboh\a^hogmeaZ__kibghckljyiqbc H[_jgm\rbkvIhev[jhkbegZg_]hijbklZevguc\a]ey^ghgbq_]hg_kdZaZeIhke_h[jmq_gbyhgb ijhke_^h\ZebaZk\ylufhlphfgZk_j_^bgmojZfZ]^_gZihem[uejZkkl_e_g[_eucr_edh\ucieZl Himklb\]eZaZ@xebijb^_j`ZeZrZ]qlh[ug_^Zc;h]g_gZklmiblvgZg_]h\i_j_^`_gboZk\h_]h R_oh\kdhc\u]ey^_eZ[khexlghkihdhcguflbohghhlq_leb\hhl\_qZygZ\k_\hijhkuk\ys_ggbdZ g_lhqlhhgZkZfZK\_qZih^ZggZy_ck\ylufhlphfoh^mghfoh^beZ\jmdZo]m[uljykebkvijb hl\_l_gZdZ`^uc\hijhk Bf__rveblubkdj_gg__bg_ijbgm`^_ggh_`_eZgb_bl\_j^h_gZf_j_gb_[ulv`_ghxjZ[Z;h`by IZ\eZdhlhjh]h\b^brvi_j_^kh[hx" Bf_xq_klguchlq_ G_k\yaZgZebluh[_sZgb_f^jm]hfm`_gbom" G_k\yaZgZlbohhl\_lbeZhgZ Ihke_aZ\_jr_gbyh[jy^Zfheh^h`_gugZijZ\bebkv\Bevbgkdh_]^_khklhyekydhjhldbck\Z^_[guc h[_^Xey\k_gbdZdg_fh]eZih\_jblv\j_Zevghklvijhbkoh^ys_]hlhb^_ehg_aZf_lgh ^hljZ]b\Zykv^hlhgdh]hahehlh]hh[h^dZgZ[_aufygghfiZevp_h\j_fyh[_^ZmijZ\eyxsbc R_oh\kdboBevyI_ljh\bqijhbag_klhklaZa^jZ\b_fheh^h`_gh\ih`_eZ\bf^he]boe_lb kdhj_cr_]hijb[Z\e_gby\k_fv_q_fg_fZehkfmlbexgmxgh\h[jZqgmxHijhdbgm\\k_[yjxfdm hgmeu[gmekyb]jhfdhijhbag_k =hjvdhHob]hjvdhfg_IZ\_eGbdheZ_\bq Ijhlygm\jmdmkmijm]_IZ\_ee_]dhih^gyeky\f_kl_kg_cbh[gy\lhgdbcklZgijb`Zeky]m[Zfbd __]m[ZfXe_\^jm]k^_eZehkvg_eh\dhH^gh^_ehp_eh\ZlvkykgbfgZ_^bg_Z^jm]h_m\k_ogZ \b^mHgZg_agZeZdm^Z^_\Zlvjmdbk\hbgh\dhgp_dhgph\iheh`beZeZ^hgb_fmgZie_qb_^\Z ij_^klZ\eyeZk_[_k\hxk\Z^v[m"Hog_`^_lbogbq_]hohjhr_]h\a^hogmeZhgZ IhdZhgbh[_^Zebddjuevpmih^Zeb^hjh`gucwdbiZ`Dhr_e_\uokm`_ih]jm`_gguf[Z]Z`hf Ijhklblvkykgh\h[jZqgufb\ukuiZeZihqlb\ky^\hjgy\BevbgkdhfK_j`g_h`b^Zgghh[gy\ k_kljmaZie_qbdhkgmeky__e[Zkmobfb]m[Zfb OjZgbZk;h]XebyEv\h\gZi_j_dj_klbehg__hlklmiZygZrZ] Ih^gy\rbkvgZih^gh`dmfheh^Zydgy]bgyh[_jgmeZkvh[\_eZ\a]ey^hfkh[jZ\rbokydbgmeZ ijhsZevguc\a]ey^gZmlbjZxsmxevxsb_kyihebpmke_auI_eZ]_xbfZogm\jmdhckdjueZkv\ wdbiZ`_i_j_^b[ueZ^he]Zy^hjh]Z\klhebpm HklZ\rbkvgZdhg_plhgZ_^bg_\mxlghffbjd_wdbiZ`ZIZ\_eg_k\h^be]eZakhk\h_cfheh^hc `_guaZf_qZyb__g_j\gmxmeu[dmbkm^hjh`ghkp_ie_ggu_gZdhe_gyoiZevpuH[ZfheqZeb I_j\uflbrbgmgZjmrbeR_oh\kdhc I_j_k_\gZkb^_gb_jy^hfkg_cIhevijb\e_d__\k\hbh[tylvybaZ]h\hjbei_j_f_`Zykeh\Z [ukljufbihp_emyfb @xeby[m^m\ugm`^_ghklZ\blvl_[yihijb_a^_\klhebpmghwlhg_gZ^he]hgZ^_xkv ^h[Z\behgijhk_[yMf_gy\hafh`gh[m^mlg_dhlhju_g_ijbylghklbihkem`[_ghimklvl_[y wlhg_im]Z_lFuhklZgh\bfkyihdZm=hjqZdh\ZFbr_exyfh]m^h\_jylvdZdkZfhfmk_[_ MkeurZ\ijh=hjqZdh\ZXey\a^jh]gmeZqlhg_hklZehkvg_aZf_q_gguf__kmijm]hfIZ\_e gZofmjbekyihgbfZyhq_fhgZ^mfZ_lk_cqZk?fmbkZfhfm[ueg_ijbyl_gwlhlwibah^bo`bagb ghkwlbfgbq_]hm`g_evay[uehih^_eZlvlhevdhhlimklblvijhreh_baZ[ulv L_[_g_q_]hhiZkZlvkyf_^e_gghijh]h\hjbehg Fufh]eb[uhklZgh\blvkygZlhcd\Zjlbj_qlhykgbfZeZKjhdZj_g^u_s_g_bkl_djh[dh \hajZabeZhgZ IhdZfu^h[_j_fkyhgbkl_q_lh[hj\Ze__R_oh\kdhc OhjhrhdZdkdZ`_l_Zr_kbyl_evkl\hoheh^ghhl\_lbeZhgZmya\ezggZy_]hj_adbfhl\_lhf HlkljZgb\rbkvIZ\_e\a^hogmeGmjZa\_]h^blkykkkhjugZqbgZlv`bagvkmijm`_kdmx" @xebyg_bf_egZf_j_gbyh[b^_lvl_[yfy]dhijhbag_khgIjhklhfg_[m^_lkihdhcg___keb gZ\j_fyfh_]hhlkmlkl\byluhklZg_rvky\^hf_=hjqZdh\Z Xeydb\gmeZaZdmkb\]m[mH[b^Z\klZeZdhfhf\]hje_f_rZy]h\hjblvHgZhl\_jgmeZkvdhdgm ghkbevgu_jmdblhlqZkh[gyeb__beZkdh\hijb\e_debdl\_j^hc]jm^ba^hogm\hgZiheh`beZ ]heh\mgZ_]hie_qhbkZfZg_aZf_lbeZdZdaZ^j_fZeZ Ijhkgm\rbkv^_\mrdZh[gZjm`beZqlhdZj_lZhklZgh\beZkvbhgZ\g_ckh\_jr_gghh^gZAZhdghf m`_^Z\ghkf_jdehkvbljm^gh[uehqlheb[hjZa]ey^_lv\k]mklb\rbokykmf_jdZoKeurZehkv j`Zgb_ehrZ^_cqvblh]hehkZgZmebp_ih\k_c\b^bfhklbhgb[uebgZihklhyehf^\hj_HgZ bkim]ZeZkv^hihemkf_jlbdh]^Z^\_jpZwdbiZ`Z\^jm]jZkiZogmeZkvghjZa]ey^_\\ihemlvf_ebph kmijm]ZmkihdhbeZkvHibjZykvgZ_]hjmdmhgZklmibeZgZa_fexbkex[hiulkl\hfh]ey^_eZkv DhfgZlZqlhkgyeR_oh\kdhcgZghqvhdZaZeZkvg_[hevrhcghqbklhcM`bgihijhkv[_dgyay ih^Zebijyfh\ghf_j@xebihqlbg_ijbljhgmeZkvdk\h_clZj_ed_bkiulu\Zy[_ahlq_lguckljZo i_j_^]jy^ms_cghqvxujhkrZy\^_j_\g_hgZagZeZdZdwlhijhbkoh^blm`b\hlguoghb �ihfukeblvg_fh]eZqlhf_`^mfm`qbghcb`_gsbghcfh`_l[ulvlZdh_\hjh\u_^_\dbagZyh kdhjhfaZfm`_kl\_[Zjurgb\djZkdZojZkibkZeb_c\k_m`Zkui_j\hc[jZqghcghqbbl_i_jvhgZ ?_g_j\hagh_khklhygb_g_mdjuehkvhlfheh^h]hkmijm]Zbhge_]dh^h]Z^Zekyh_]hijbqbg_ IjZ\^ZR_oh\kdhcbkZfg_hsmsZe^he`gh]hkihdhckl\byk\hb^\Z^pZlviylve_l_fmgbjZam g_^h\h^behkvbf_lv^_ekg_\bgghc^_\bp_cbhgk]hjZyhl`_eZgby[hyekygZim]Zlv__ hllhedgmlvhlk_[yhl\jZlblv=hkih^b^Zcfg_l_ji_gbyfuke_gghihijhkbehg ^\_jvihklmqZeby\bekyeZd_cqlh[uaZ[jZlvih^ghkk]jyaghcihkm^hcIhdZhgkh[bjZe lZj_edbXey\ukdhqbeZbaaZklheZbaZf_jeZhdhehhdgZklZjZykvg_kfhlj_lvgZjZkkl_e_ggmx djh\ZlvHgZkeurZeZdZdaZdjueZkv^\_jvaZijbkem]hckeurZeZrZ]bkmijm]ZaZk\h_ckibghc keurZeZqlhhghklZgh\bekykh\k_fjy^hfkg_cghlZdbklhyeZmklZ\ykv\l_fghlmaZhdghf H[gy\__aZlZebxIhevjZa\_jgme__dk_[_ebphfFheqZkdehgb\rbkvdg_cdhkgmekyihp_em_f ^jh`Zsbo]m[Dgyavl_[_om^h]hg_k^_eZ_lDhebex[brv_]h\k_ohjhrh[m^_l\kihfgbebkv keh\ZklZjhcgygvdbkdbgm\jmdb_fmgZr_x@xebkZfZijbgbdeZdg_fm\k_fl_ehfhl\_qZygZ ihp_emcblhlqZkhdZaZeZkvijblbkgmlZd_]hdj_idhfml_emHgZhsmsZeZ_]h]m[uqlhlhg_`gh lhkljZklghkeb\Zebkvk__]m[Zfbjmdbqlh]eZ^bebgZijy`_ggmxkibgmkeurZeZlbob_keh\Z ex[\bqlhhgr_ilZe_cdZkZykv]m[Zfbfy]dboehdhgh\m__\bkdZG_aZf_lgh^eyg__IZ\_e jZkkl_]gmedjxqdbgZieZlv_bkimklbe_]hkom^_gvdboie_qHgZkeh\ghhqgmeZkvbhlijygmeZhl g_]hghR_oh\kdhcmeu[gm\rbkv\gh\vijb\e_d__\k\hbh[tylvy G_[hckyf_gyijhr_ilZekju\Zxsbfkyr_ihlhfih]eZ`b\ZydhgqbdZfbiZevp_\r_xb aZluehddZkZykv]m[Zfb__fZdmrdb Yg_[hxkvlbohr_igmeZ_fm\hl\_lbqmlvhlkljZgb\rbkvihiulZeZkvjZkkl_]gmlvim]h\bpu _]hfmg^bjZ YkZfhl\_e__jmdmIhev\kihfgb\ihq_fmlhWe_gdhlhjZylhjhieb\hjZkkl_]b\ZeZ_]hfmg^bj klhbehbfhklZlvkygZ_^bg_\__kiZevg_YkZfih\lhjbehg H[Zbkiulu\Zebg_eh\dhklvhlwlhckljZghckblmZpbbdh]^ZijbrehkvjZa^_\Zlvky\h^ghckiZevg_ bihlhfmklZjZebkvg_kfhlj_lv^jm]gZ^jm]ZJZkkl_]gmlh_ieZlv_kZfhmiZehgZiheb@xeb klZsb\qmedb[ukljhkdhevagmeZ\ihkl_evgZlygm\h^_yeh^hih^[hjh^dZb[hykvih\_jgmlvky\lm klhjhgm]^_[ue__kmijm]R_oh\kdhcaZ^mek\_qbbe_]gZ^jm]mxiheh\bgmdjh\ZlbKlbobf \a^hohfijblygm\__dk_[_dgyavhklhjh`ghklZsbekhjhqdmk__l_eZL_ieu_eZ^hgb]eZ^beb r_edh\bklmxdh`m\uau\Zymgh\h[jZqghclbob_\a^hobm^h\hevkl\by`Zjdhc\heghcihl_em �jZaebehkv`_eZgb_he]b_eZkdbbihp_embaZklZ\bebaZ[ulvh[h\k_fqlhkhljhq_kl\Z \^Ze[eb\ZeZ_c\]heh\mEZjbkZ:nZgZkv_\gZJZa\_fh`_l[ulvwlh]j_oh\gufbihjhqguf" g_`Zkv\h[tylvyoex[bfh]h\hijhrZeZk_[y@xeb;h`_dZd`_keZ^hklgh?ckZfhcohl_ehkv dZkZlvkyl_eZfm`Z]eZ^dhcb]hjyq_cgZhsmivdh`bbijh\_^yjmdhcih_]h]jm^bhgZ\kihfgbeZ \^jm]lhmljhdh]^Zijhkgm\rbkvm\b^_eZ_]hkiysbf\k\h_cihkl_eb?c_s_lh]^ZlZdohl_ehkv dhkgmlvky_]hZl_i_jvhgZbf_eZgZlhihegh_ijZ\hB\k_`hdZaZeZkvg_]hlh\hcdlhfmqlhhg gZ\Zebeky\^jm]gZg__\k_cly`_klvxb\hr_eijbqbgyy[hev Lhgdb_jmdb\p_ibebkv\_]hie_qbkbeykvhllhedgmlv_]hbpZjZiZygh]hldZfbdh`mgh_]h]m[u m`_ijbgbdebd__jlmij_ju\Zyj\msbckyba]hjeZdjbdIZ\_eaZf_jg_r_\_eykv^Z\Zy_c \hafh`ghklvijb\udgmlvdg_fm Lbr_lbr_r_ilZehgihdju\Zy__ebphe_]qZcrbfbihp_emyfbi_j\ucjZa\k_]^Z[hevgh gh[hevr_lZdg_[m^_l \klj_qZykhijhlb\e_gbyk__klhjhguGhlZijbylgZybklhfZqlhhdmlu\ZeZ\k___l_ehihdZIhev eZkdZebp_eh\Ze__[_kke_^ghbkq_aeZLboh]ehlZyke_au@xebbah\k_okbeklZjZeZkvg_ihdZaZlv qlh_c[hevghbg_ijbylghB\hldh]^Z[hevihqlbhlklmibeZbhgZ\gh\vhsmlbeZ\k_[_lh \hegmxs__djh\vlhfe_gb___kmijm]\^jm]hlijygmehlg__klbobfklhghfbih\_jgm\rbkvdg_c kibghcaZf_jXeybkim]ZeZkvqlhhgZk^_eZeqlhlhg_lZdbaZklueZ[hykvr_ehogmlvky Kimklyg_dhlhjh_\j_fyIZ\_eih\_jgmekydg_cbijblygm\\k\hbh[tylvy]m[Zfbdhkgmekye[Z ihdjulh]hbkiZjbghc Ijhklbf_gyihdZygghijhr_ilZe_cgZmohIjhklbg_m^_j`Zeky L_i_jvR_oh\kdhcdhjbek_[yaZlhqlhihki_rbegh]^_[ueh\aylvkbek^_j`ZlvkydhevhglZd ^he]h`_eZe__"BdZd_c[uehg_ijhklblv_]hdh]^ZlZdohjhrhklZeh\_]hh[tylvyolZdl_iehb mxlgh"Iheh`b\]heh\m_fmgZie_qhXeyijh\ZebeZkv\khgMljhfijhkgm\rbkvjZgvr_k\h_]h kmijm]ZhgZlboh\ukdhevagmeZba_]hh[tylbcbkdju\rbkvaZrbjfhcijbgyeZkvijb\h^blvk_[y\ ihjy^hdLbohjm]Zykvk_[_ih^ghkhgZiulZeZkvaZkl_]gmlvdjxqdbgZieZlv_aZ\_^yjmdbaZkibgm dZd\^jm]ihqm\kl\h\ZeZqlhIhevhl\_e__jmdbbijbgyekykZfaZkl_]b\Zlv__ieZlv_ �h[jh_mljhojbieufkhkgZ]hehkhfijhbag_khgh[gbfZy__aZlZebxbijb`bfZykibghcd k\h_c]jm^b �h[jh_hlha\ZeZkvhgZih\_jgm\rbkv\_]hh[tylvyob]ey^yijyfh\k_ju_]eZaZbj_rbeZkv aZ^Zlv\hijhkqlhg_^Z\Ze_cihdhyWlh\k_]^ZlZd[m^_l"djZkg_yih^_]h\gbfZl_evguf \a]ey^hfhl\_eZ]eZaZ IZ\_e\a^hogmeijbih^gye__ih^[hjhdbhljbpZl_evghihdZqZe]heh\hc G_lG_\k_]^ZGZf[m^_lohjhrhhq_gvohjhrhh[_sZxPDFKpULH Bhgk^_j`Ze^Zggh__ch[_sZgb_Ihke_^jm]hcghqbgZ^jm]hfihklhyehf^\hj_@xebihe^gy djZkg_eZkb^ygZijhlb\g_]h\wdbiZ`_klhbeh_clhevdhih^gylv]eZaZb\klj_lblvkykgbf \a]ey^hfDZdkeZ^dhguehk_j^p_dh]^ZhgZ\kihfbgZeZhlhfqlh[uehijhf_`gbowlhcghqvx ?kebwlhb_klv]j_olhdZd`_keZ^hdhgkfms_gghmeu[ZeZkvhgZkmijm]m AZ\j_fy^he]h]himlbhgZg_jZaiulZeZkvjZkkijZrb\Zlvk\h_]hkmijm]Zh_]hk_fv_hihf_klv_\ dhlhjhfhg\ujhkIhevhl\_qZeg_hohlghqZs_klZjZekymclbhlhl\_lh\i_j_\h^yjZa]h\hjgZ ^jm]mxl_fm?fmg_ohl_ehkv]h\hjblvh[hlp_hlhfqlhaZklZ\beh_]h\klhevxghf\hajZkl_ ihdbgmlvjh^ghc^hfbihklmiblvgZ\h_ggmxkem`[m?_jZkkijhkuhihf_klv_\IZ\eh\hihq_fm lhgZ\h^bebgZfukevqlhhgg_lZdm`bg_ijZ\[ue\k\hboih^haj_gbyodh]^Z^mfZehijbqbgZo ih[m^b\rbo@xebjbkdgmlv\k_fqlh[u\blh]_ihemqblv`_eZggucijbaex[hfkemqZ_hgZ \_^vihqlbgbq_]hg_l_jyeZaebekyhg?keb[uhgg_ijb_oZe\ureZ[uaZfm`aZQ_lbobgZb klZeZdhjhe_\hcm_a^gh]hh[s_kl\ZghaZfZogmeZkvgZdgy`_kdbclblmebihemqbeZ_]hGhlml`_ ]eygm\\^h\_jqb\u_]eZaZk\h_cxghc`_guh^_j]b\Zek_[ybjm]Ze\^mr_aZg_^hklhcgu_fukeb @xebmki_eZjZkkdZaZlv_fmhijbqbgZoihdhlhjufhgZihdbgmeZ^hfbih^ZeZkv\klhebpmhlhf dZdklZeZZdljbkhcZ\dhgp_ijbagZeZkvqlhagZeZh_]hiZjbk=hjqZdh\ufIhevdhlhjucm`_b aZ[uedh]^ZdjZkg_e\ihke_^gbcjZaihqm\kl\h\ZedZd_]h[jhkbeh\`Zjijbwlbo__keh\Zob ]mklhcjmfyg_paZebes_dbbr_x Ihke_hgZ\kihfbgZeZwlhiml_r_kl\b_qmlvebg_dZdkZfh_kqZkleb\h_\bokmijm`_kl\_Ghhgh g_mfhebfhijb[eb`Zehkvddhgpmbq_f[eb`_[ueZklhebpZl_ffjZqg__klZgh\bekydgyav ]hjh^kdhfmhkh[gydm=hjqZdh\uouc^ybawdbiZ`ZIZ\_ehdbgme\a]ey^hfhk\_s_ggu_hdgZgZ ohayckdhciheh\bg_Fbr_ev[ue^hfZbkiZlvkm^yih\k_fm_s_g_eh`bekyIh^Z\jmdmkmijm]_ dgyavihfh]_c\u[jZlvkybawdbiZ`Zbih\_ed^\_jyf hc^y\ijhklhjguc\_klb[xevXe_gvdZaZf_jeZ\g_j_rbl_evghklbQlh_ckdZaZlv=hjqZdh\mijb \klj_q_"DZdih\_klbk_[ykgbf"K^_eZlv\b^qlhg_[uehgbq_]hbhgb[m^lh[ubg_\klj_qZebkv jZg__"IhdZhgZgZofmjb\rbkvjZkkm`^ZeZh[h\k_fwlhfohaybghkh[gydZm`_ki_rbegZ\klj_qm mlhfe_ggufimlgbdZf XebyEv\h\gZmeu[gmekyhgih^ghkym]m[Zf__jmdmDZd`_yjZ^\b^_lvZk\k\h_f^hf_Y gZ^_xkvuijhklbl_fg_\_ebdh^mrgh[ueu_h[b^uaZ]eygmehg_c\]eZaZg_\uimkdZyjmdb �h[juc\_q_jFboZbe:e_dk__\bqjh[dhmeu[gmeZkvhgZ\hl\_lDZd]h\hjblkydlhklZjh_ ihfyg_l Lhfm]eZa\hgaZdhgqbeaZg__=hjqZdh\ =ey^ygZlhdZdemqrbc^jm]ex[_agbqZ_lk_]hfheh^hc`_ghcb\kihfbgZyg_^Z\gb_kh[ulby IZ\_ehsmlbedZd\^mr_\^jm]r_\_evgmeZkvj_\ghklv=emihh^_jgmehgk_[y=emihj_\gh\Zlv dFbr_exghdZdZylhlhebdZkhfg_gby\k_`_aZghahcaZk_eZ\_]hfukeyo _q_jhfihke_iha^g_]hm`bgZohaybghkh[gydZij_^eh`beIhex\uiblvihjxfd_[j_g^bgZkhg ]jy^msbcIjh\h^b\kmijm]m^hkiZevgbIZ\_eijhr_e\dZ[bg_l=hjqZdh\ZFbr_evjZaeb\Zeih [hdZeZfyglZjgucgZiblhddh]^Zhg\hr_e\dhfgZlm IjbkZ`b\Zcl_kvIZ\_eGbdheZ_\bqijhly]b\Zy_fmh^bg[hdZedb\gmegZm^h[gh_dj_keh =hjqZdh\ Ihev\ay\\jmdb[j_g^bhimklbeky\fy]dh_dj_kehIjhc^ydibkvf_gghfmklhemFboZbe\ulZsbe baysbdZiZqdmZkkb]gZpbcbijhlygme__^jm]m A^_kviylvlukyq Hq_fluFbr_ev"gZofmjbekyR_oh\kdhc Y\k_`_j_rbemieZlblvl_[_k\hcijhb]jur\iZjb IZ\_ej_adhih^gyekybihklZ\b\gZklhe[hdZeijhr_edhdgmih\_jgm\rbkvkibghcdohaybgm ^hfZ AZq_f"[jhkbehgaeykvgZlhqlhl_i_jvFbr_evgZihfgbe_fmhaehihemqghfiZjbAZq_flu wlh^_eZ_rv" havfbkh\a^hohfijh^he`be=hjqZdh\Hgbl_[_ihgZ^h[ylkybq_klvl\hyg_[m^_laZ^_lZ R_oh\kdhc^_jgmekydZdhlm^ZjZ YkZfkijZ\exkvkh\k_flbohijhp_^bekd\havam[u IhevPRQDPLlul_i_jvg_h^bgfy]dhgZihfgbe_fm=hjqZdh\Ml_[y`_gZl_i_jv_klv^Zkl ;h]bgZke_^gbdbkdhjhihy\ylky IZ\_ehljbpZl_evghihdZqZe]heh\hc &#x[;ë&#x`Z;&#xcr;&#x_f;&#x[;&#xm^;&#xms;&#x_f;&#xg;&#x_;&#xih;&#xy;&#xyl;&#xky;&#x;&#xY;&#x[u;;&#xhq;&#x_g;&#xv;&#xhk;&#xlh;&#xjh;&#x`_;&#xg;�[eb`Zcr_f[m^ms_fg_ihy\ylkyY[uehq_gvhklhjh`_gblygugq_lhevdhihf_ohc[m^_l Bl_fg_f_g__ygZklZb\Zx Ohjhrhghwlh\^he]kh]eZkbekyR_oh\kdhcY\_jgm Imklv[m^_l\^he]meu[gmeky=hjqZdh\KlmiZcG_]h`_fheh^mxkmijm]m`^ZlvaZklZ\eylv ^h[jh^mrghmkf_ogmekyFbr_ev Dh]^ZIZ\_eaZr_e\kiZevgx@xebm`_dj_idhkiZeZmlhfe_ggZy^he]bfbljm^guf iml_r_kl\b_fLbohjZa^_\rbkvdgyavkdhevagme\ihkl_evh[gyel_ieh_g_`gh_l_eh`_guqlhlh lbohijh[hjfhlZ\r_c\hkg_b^he]h_s_]eZ^bedhjhldb_r_edh\bklu_dm^jyrdbijhimkdZybo kd\haviZevpuh^gmbaghqz\hdgZihklhyehf^\hj_hgkijhkbe__aZq_fhgZh[j_aZeZ\hehku @xeb\a^hogmeZiheh`b\]heh\m_fmgZ]jm^v Yih^mfZeZqlh[Zjhgmwlhg_ihgjZ\blkybhghldZ`_lkyhlf_gy =emi_gvdZylbohjZkkf_yekyhglh]^ZhehkuhljZklmlgbdm^Zg_^_gmlky L_[_g_gjZ\blky"lbohkijhkbeZhgZijbih^gbfZykvgZehdl_ Fg_\k_\l_[_gjZ\blkybkdj_gg_hl\_lbeR_oh\kdhch[gbfZy__bijb\e_dZydk_[_ Ijhkgm\rbkvmljhfXeyihgyeZqlh\ihkl_ebhgZh^gZKhk_^gyyih^mrdZ_s_khojZgbeZl_iehZ agZqblIhevih^gyekyg_lZdm`^Z\ghIhly]b\ZykvhgZk_eZgZihkl_eb^\_jvlbohihklmqZeb hc^bl_hl\_lbeZhgZgZly]b\ZygZk_[yh^_yeh^hih^[hjh^dZ dhfgZlmlbohkdhevagmeZfbeh\b^gZy^_\mrdZh^_lZy\l_fghk_jh_ieZlv_k[_eufi_j_^gbdhf Zr_kbyl_evkl\hk^_eZeZhgZdgbdk_gf_gyijbkeZeFboZbe:e_dk__\bqihfhqvZfk mlj_ggbflmZe_lhf klZ\kihkl_ebXeyih^hreZdkZd\hy`mdhlhjuc\q_jZijbg_kebdgbf\kiZevgxbba\e_deZ ieZlv_bal_fghkbg_clZnlu\lhgdmxk_j_[jbklmxihehkdmkljyogm\_]hhgZhl^ZeZieZlv_ ]hjgbqghcqlh[ulZihdZhgZ[m^_lmfu\Zlvkyijb\_eZ_]h\ihjy^hd Mfu\rbkvbh^_\rbkvXe_gvdZihijhkbeZijh\h^blv__\klheh\mxgZ^_ykvqlhlZfhgZm\b^blky kfm`_fGh\hc^y\jZkiZogmlu_eZd__f^\_jbg_kfh]eZk^_j`ZlvjZahqZjh\Zggh]h\a^hoZIhey g_[uehbaZklhehfijbkmlkl\h\Zelhevdh=hjqZdh\FboZbe:e_dk__\bqy\gh`^Ze__ihlhfmdZd lhevdhk__ihy\e_gb_fih_]hagZdmklZebih^Z\ZlvgZklhe �h[jh_mljhXebyEv\h\gZih^gyekyFbr_evbkZfhlh^\bgmeklme^eyk\h_c]hklvb �h[jh_mljhFboZbe:e_dk__\bqhimklbeZhgZ]eZaZijbkZ`b\ZykvaZklheug_\b^_ebIZ\eZ GbdheZ_\bqZ" =hjqZdh\gZofmjbekymkZ`b\ZykvgZk\h_f_klh XebyEv\h\gZkmijm]Zrhl[ue\jZkiheh`_gb_ihedZb[hxkv\_jg_lkyg_kdhjh]ey^y_c\ ]eZaZhl\_lbe=hjqZdh\Fh`_lq_j_ag_kdhevdh^g_cZfh`_lbg_kdhevdhg_^_evijb^_lky h[h`^Zlv DZdwlh"ih^gyeZgZg_]hg_^hmf_\Zxsbc\a]ey^Xe_gvdZ FboZbe\a^hogme^h`^ZekyihdZeZd_ch[kem`blbobijbdZaZem^Zeblvky b^bl_ebkm^Zjugyijbgy\j_r_gb_k\yaZlvk_[ymaZfb[jZdZkZfbIhevh[jZlbekyaZ jZaj_r_gb_fddhfZg^bjmihedZgh_fm[uehhldZaZghbdjhf_lh]h[uehkljh`Zcr_aZij_s_gh ihdb^Zlvij_^_euklhebpuLZdbfh[jZahfih_oZ\aZZfbhggZjmrbeg_h^bgijbdZadhfZg^bjZ Z^\ZaZqlhdhg_qgh`_^he`_gihg_klb^bkpbiebgZjgh_gZdZaZgb_ BqlhwlhaZgZdZaZgb_"qm\kl\mydZdoheh^__lk_j^p_\]jm^bkijhkbeZ@xeb emqr_fkemqZ_Zj_klb]Zmil\ZolZgZkjhdhlg_kdhevdbokmlhd^hf_kypZZ\om^r_f\iehlv^h m\hevg_gby_]hkhkem`[ubebijbagZgby\Zr_]h[jZdZg_^_ckl\bl_evguf ;h]fhck_j_[jygZyeh`_qdZdhlhjhcXeyf_rZeZqZc\ukdhevagmeZmg__bajmd G_hlqZb\Zcl_kvYg_kh[bjZxkvkb^_lvgZf_kl_bihfh]mq_fkfh]m YohjhrhagZdhfkDZl_gbgufmeu[gmeky=hjqZdh\Kh[bjZxkvgZg_klb_fm\babl KDZl_gbguf"i_j_kijhkbeZXeydhlhjhc^ZggZynZfbebyg_]h\hjbeZkh\_jr_gghgbq_]h @xebdZdfgh]huagZ_l_hk\h_ffm`_"aZ^Ze_cg_h`b^Zgguc\hijhkFbr_ev XeyfheqZeZ:^_ckl\bl_evghqlhhgZagZ_lhg_fdjhf_bf_gbblh]hqlhmR_oh\kdbobf_gb_ ihkhk_^kl\mkDmavfbgdZfb"QlhhgqZkl_gvdh\ijhrehfm\e_dZekyi_\bqdZfbbZdljbkZfbba l_ZljZqlhmg_]h[ue^h\hevghijh^he`bl_evgucjhfZgkWe_gdhlhjZyih]b[eZklhevljZ]bqguf h[jZahf"BohlyhgZkZfZg_\_jbeZ\lhqlhR_oh\kdhcfh][ulvm[bcp_cbqlh[ukiZklb_]h ijbagZeZkv[m^lh\lmghqvhg[uekg_c\k_`m[bcpZPDGHPRLVHOOHEZNhgl_cglZdbg_[ue gZc^_g IjZ\bevghjZkp_gb\__fheqZgb_FboZbe:e_dk__\bqmdhjbag_gghihdZqZe]heh\hcHgkkZfh]h gZqZeZg_h^h[jyewlhl[jZdghk^_eZggh]hg_\hjhlbrv IZ\_eGbdheZ_\bqrlZ[kdZiblZgIj_h[jZ`_gkdh]hihedZg_^h\hevghaZf_lbehgZ]_g_jZe Z^txlZglDZl_gbgdhfZg^bjwlh]hihedZ =mklhihdjZkg_\@xebhimklbeZ]heh\mBojhfZgkR_oh\kdbf[ueklhevklj_fbl_e_gGbdZdbo l_[_^he]bomoZ`b\ZgbcjhfZglbq_kdbo\a^hoh\ih^emghclZcguok\b^Zgbcfbeuok_j^pm ih^Zjdh\khkdjulufkfukehfihgylguflhevdhebrv\ex[e_ggufk_ijhbahrehgZklhevdh [ukljhqlhihke_keh\=hjqZdh\Z_c\^jm]klZehkljZrghFbr_evijZ\hgZgbq_]hg_agZ_lhk\h_f kmijm]_AZl_^\_g_^_ebqlhhgbijh\_eb\f_kl_\ih_a^d_hgZmki_eZihgylvqlhIhevf]gh\_ggh \kiuob\Z_ldZdkibqdZhlfZe_cr_]hgZf_dZgZhkdhj[e_gb__]hgZkljh_gb_qZklh[u\Z_l i_j_f_gqb\ufhl\_k_ehklb^h\g_aZighc]jmklbbf_eZgohebbLh]^ZhgZiheZ]ZeZ\k_wlh ke_^kl\b_fl_oi_j_`b\ZgbcqlhhgihklZjZekymlZblvhlg__Hg]h\hjbeqlhmg_]hfh]ml[ulv g_ijbylghklbihkem`[_ghhgZbij_^iheh`blvg_fh]eZdZdh\ubklbggu_jZaf_jug_ijbylghkl_c qlhh`b^Zeb_]hih\ha\jZs_gbx\klhebpm Ba\bgbl_f_gy_kebh[b^_eq_fijhbag_k=hjqZdh\ghfg_ihdZaZehkvqlh[m^_lemqr_kdZaZlv ZfijZ\^mq_fhklZ\eylvb^Zevr_ij_[u\Zlv\g_\_^_gbb KiZkb[hFboZbe:e_dk__\bqih^gyeZ]heh\mXe_gvdZugZfgh]h_hldjuebfg_]eZaZu lh`_kqblZ_l_qlhyg_ih^oh^ysZyiZjlby^eyIZ\eZGbdheZ_\bqZ" =hjqZdh\db\gme]heh\hc Yg_[m^memdZ\blvhlha\Zekyhgukh\_jrbebhijhf_lqb\ucihklmihdihklmib\\Zdljbku Wlbfumgbqlh`bebk\hxj_imlZpbx:m`ihke_Zr_]haZy\e_gby\ihebpbbgbdlhbgbdh]^Zg_ ih\_jblqlhu\_eb^hklhcguch[jZa`bagb^hlh]hdZd\urebaZfm`aZR_oh\kdh]h Qlh`_fg_^_eZlv"ihl_jygghkijhkbeZhgZ �@^ZlvbgZ^_ylvkygZfbehk_j^b_DZl_gbgZZlZd`_\_jblv\kqZkleb\mxa\_a^mR_oh\kdh]hh k_cihjuhgZ_]hg_ih^\h^beZ KdZaZ\wlh=hjqZdh\ih^gyekybaaZklheZ �Ijhrmf_gyba\bgblvhldeZgyekyhg_eZg_`^ml FboZbe:e_dk__\bq\kdbgmeZhgZgZg_]h\a]ey^iheguclj_\h]b\havfbl_f_gykkh[hc Gb\dh_fkemqZ_XebyEv\h\gZh[_jgmekydgyavZfg_klhblihdZau\Zlvky\jZkiheh`_gbb ihedZbaZihfgbl_a^_kv\I_l_j[mj]_k_cqZku^ey\k_okh^_j`ZgdZR_oh\kdh]hGbkeh\Zh[ wlhf[jZd__kebZfg_[_ajZaebqgZykm^v[ZZr_]hkmijm]ZIh\lhjyxZf[jZdaZdexq_gguc G_aZklZ\eycl__]h^_eZlv\u[hjf_`^mZfbb_]hdZjv_jhc;hxkvqlhhg\u[_j_lg_Zk �\_jvlbohaZdjueZkvbXeyhklZeZkvh^gZ\klheh\hckh\_jr_gghh]emr_ggZyihke_^gbfb keh\Zfb=hjqZdh\Z =eZ\Z KlhygZ\uly`dmi_j_^dhfZg^bjhfihedZIZ\_e\hlm`q_l\_jlvqZkZ\ukemrb\Zeh[\bg_gbyhl ]_g_jZeZ^txlZglZDZl_gbgZ\kh[kl\_ggucZ^j_kGZdhg_pijZ\_^guc]g_\dhfZg^bjZ Ij_h[jZ`_gkdh]hihedZbkkydbmklZehhimklb\rbkvgZklme:e_dkZg^j:g^j__\bqih^gye]eZaZgZ k\h_]hhnbp_jZ IZ\_eGbdheZ_\bq_c;h]muf_gy[_af_jghh]hjqbebk\hbfihklmidhfM`hlZklhygbdZd lZdh]hg_h`b^Ze bgh\ZlZr_\ukhdhij_\hkoh^bl_evkl\h\ulygmekyR_oh\kdhc]hlh\ihg_klbaZkem`_ggh_ gZdZaZgb_ Ijbky^vl_db\gmehggZklmeih]h\hjbfgZihke_^hdIjbdZahZr_fm\hevg_gbbkhkem`[u m`_]hlh\ghy\k_`_ohqm\ukemrZlvZkOhl_ehkv[uagZlvqlhufh`_l_kdZaZlv\k\h_ hijZ\^Zgb_ MkeurZ\ihke_^gb_keh\ZDZl_gbgZIhevih[e_^g_eLhevdhg_hlklZ\dZlhevdhg_wlhHg dhlhjuckhljhq_kdboe_l]j_abeh\h_gghckem`[_b\^jm]hdZ`_lkyg_m^_e" :e_dkZg^j:g^j__\bqaZibgZykvgZqZeR_oh\kdhcY]hlh\ihg_klbex[h_gZdZaZgb_ghijhrm ZkLhevdhg_hlklZ\dZ u`_ihgbfZ_l_qlhyg_fh]mhklZ\blv[_a\gbfZgbykh\_jr_ggucZfbijhklmihd LZdlhqghZr_\ukhdhij_\hkoh^bl_evkl\h\gh\v\ulygmeky\kljmgmR_oh\kdhc IZ\_eGbdheZ_\bqydZfk_cqZkg_dZddih^qbg_gghfmh[jZsZxkvghdZddq_eh\_dmk dhlhjufkf_xgZ^_ylvkyf_gyk\yau\Zxl_s_b^jm`_kdb_hlghr_gbyIhwlhfmhklZ\vl_wlhllhg ug_fh`_l_g_agZlvqlhgZjmr_gb_ijbdZah\dhfZg^h\Zgby\e_qzlaZkh[hcgZdZaZgb_ih\k_c kljh]hklbaZdhgZGhij_`^_q_f\ughkblvhdhgqZl_evgh_j_r_gb_fg_ohl_ehkv[uihgylvfhlb\u Zr_]hihklmidZ Mf_gy[uebgZlhk\hbijbqbgulbohhl\_lbeIZ\_e Hq_fu^mfZebihdb^Zyklhebpmg_kfhljygZkljh`ZcrbcaZij_l"ih\ukbe]hehkDZl_gbg R_oh\kdhck]ehlgmedhf\]hje_E]Zlv[uehg_e_]dhhgg_gZ\b^_eeh`v\ex[hf__ijhy\e_gbbZ m`e]ZlvdhfZg^bjmddhlhjhfmgbdh]^Zg_iblZegbq_]hdjhf_m\Z`_gby[ueh\^\hcg_ly`_e__ Ghkl_oihjdZd\_]h`bagbihy\beZkv@xebeh`vmki_eZklZlv^mjghcijb\uqdhc ?kebuihfgbl_f_gy\ayebih^kljZ`miheh`ghfmh[\bg_gbx\m[bckl\_Zdljbku :e_dkZg^jbgkdh]hl_ZljZ?e_guE_hihev^h\guEZNhgl_cggZqZehgY^_ckl\bl_evgh[uemg__ �\lhl\_q_jghg_m[b\Ze__mf_gybfuke_clZdbog_[ueheyf_gy\hh[s_kljZgghhldm^Z\ ihebpbbmagZebh[wlhffh_f\babl_"Y[uegZgh\hcd\Zjlbj_We_g\k_]h^\ZjZaZihfh_fm^Z`_ r\_cpZjg_agZefh_]hbf_gbbl_fg_f_g__mjy^gbdkh\_jr_gghlhqghagZeh[h\k_fdh]^ZgZ ke_^mxs__mljhy\beky\^hffh_]hhlpZ:ihke_fh_]hZj_klZbklbggh]hm[bcpmdZdyihgye gbdlhbg_bkdZebgZq_kq_]h[ufg_dZ`^uc^_gvij_^eZ]ZebkhagZlvky\h\k_fqbklhk_j^_qgh" Lhevdh[eZ]h^ZjyihdZaZgbyfh^ghcxghc[ZjurgbdhlhjZykZfZy\beZkv\ihebp_ckdh_mijZ\e_gb_ bijbagZeZkvqlhghqvm[bckl\ZPDGHPRLVHOOHEZNhgl_cgyijh\_ekg_cf_gy\uimklbebgZ hdhgqZl_evghih]m[e_gZijhq_fhgZb^hlh]hg_[ueZ[_amij_qghcihkdhevdm[ZjurgykiZkZykv hlg_`_eZggh]h[jZdZk[_`ZeZ\I_l_j[mj][_a\_^hfZjh^guoGhkemqbehkvlZdqlh[jZlwlhc xghchkh[ukh\_jr_gghkemqZcgh\klj_lbe__dh]^ZhgZ\ha\jZsZeZkvbaihebp_ckdh]hmijZ\e_gby b^Z[uijbdjulv]j_ok_kljuj_rbedZdbkh[bjZekyjZg__\u^Zlv__aZfm`aZbokhk_^Zih bf_gbxq_eh\_dZfgh]hklZjr___g_hldeZ^u\Zy^_eZ\^he]bcysbdDh]^ZymagZeh[wlbo_]h ieZgZolhihke_\k_]hqlhhgZk^_eZeZ^eyf_gyijhklhg_fh]^himklblvwlh]h\_gqZgby^Zb [Zjurgykbyfg_^Ze_dhg_[_ajZaebqgZ Qlh`ul\hjbl_IZ\_eGbdheZ_\bqmdhjbag_gghihdZqZe]heh\hcDZl_gbgKgZqZeZ kh[eZagbeb^_\bpmihlhfmfudgmebbaih^\_gpZWlhkg_cuh[\_gqZlvkykh[bjZebkvdh]^Z jZihjlih^Z\Zeb" IZ\_e\kiuogme LZdlhqghZr_\ukhdhij_\hkoh^bl_evkl\h Bqlh^Zevr_" R_oh\kdhchl\_e]eZaZ XebyEv\h\gZl_i_jvgZoh^blkyih^fh_caZsblhc Bgufbkeh\Zfbkh]eZkgZ[ulvZr_cex[h\gbp_caZdexqbeDZl_gbgly`_eh\a^uoZyb ih^gbfZykvkhklmeZ Hlhc^ydhdgmhgg_dhlhjh_\j_fyklhyekibghcdR_oh\kdhfmihklmdb\ZyiZevpZfbih ih^hdhggbdmby\ghjZa^mfu\ZygZ^wlhcg_ijhklhckblmZpb_cZihlhfj_adhjZa\_jgmeky\b^bfh ijbgy\dZdh_lhj_r_gb_ Kh^ghcklhjhgufg_g_ljm^ghZkihgylvIZ\_eGbdheZ_\bqkZf[uefheh^b]hjyqghl_fg_ f_g__dZddhfZg^bjg_fh]maZdjulv]eZaZgZZr_ih\_^_gb_^Z[u^jm]bfhnbp_jZfihedZ g_ih\Z^gh[ueh ay\khklheZdhehdhevqbdDZl_gbgiha\hgbeblhlqZkgZihjh]__]hdZ[bg_lZihdZaZeky^_`mjguc hnbp_j Ij_ijh\h^bl_rlZ[kdZiblZgZR_oh\kdh]hih^Zj_klh[jZlbekyhgdg_fmBih^]hlh\vl_ khhl\_lkl\mxsbcijbdZa KdhevdhkmlhdZj_klmZr_\ukhdhij_\hkoh^bl_evkl\h"\ulygmekyi_j_^gbf^_`mjguc ��\Z^pZlviylv[jhkbeDZl_gbg^_`mjghfmbih\_jgmekydR_oh\kdhfm\Z^pZlviylvkmlhd IZ\_eGbdheZ_\bqblhlhevdhmqblu\ZyZrb[h_\u_aZkem]bJh\ghklhevdhkdhevdhu hlkmlkl\h\Zeb\ihedmMZk[m^_l\j_fyih^mfZlvh[h\k_f IZ\_em`_klhyegZihjh]_dh]^Z:e_dkZg^j:g^j__\bqhdebdgme_]h IZ\_eGbdheZ_\bq_keb`_eZ_l_ufh`_l_hlibkZlvdb\gmehggZklhekibkvf_ggufb ijbgZ^e_`ghklyfbyjZkihjy`mkvqlh[uZrbibkvfZ^hklZ\bebk_]h^gy`_ ;eZ]h^Zjx\_jgm\rbkvdklhemIhevgZ[jhkZeg_kdhevdhkljhdbaZde_b\\hkdhfdhg\_jl i_j_^Ze_]hDZl_gbgmImklv^hklZ\yl\^hfdgyay=hjqZdh\ZgZEbl_cghfFboZbe:e_dk__\bq agZ_ldhfmi_j_^Zlv uc^ybadZ[bg_lZDZl_gbgZdgyavhlkl_]gmebi_j_^Ze^_`mjghfmhnbp_jmbf_ggmxkZ[exk ahehlufwn_khfihemq_ggmxbfbajmdkZfh]h=hkm^ZjyaZrlmjfZmeZKZelu]^_hg[uely`_eh jZg_gKe_^myaZk\hbfijh\h`Zlufhgg_fh]g_^mfZlvhlhfqlh@xebhklZ_lkyihqlbgZf_kyp =hjqZdh\Zbimklvhg\k_]^Z^h\_jyeFbr_exdZdkZfhfmk_[_\k_`hlg_]hg_mdjuehkv hlghr_gb_^jm]Zd_]h`_gblv[_FboZbe^hkZfh]hihke_^g_]hfhf_glZiulZeky_]hhl]h\hjblvbd @xebhgg_iblZ_lhkh[h]hjZkiheh`_gby^ZbhgZdg_fmhlghkblky\_kvfZgZklhjh`_gghHobg_ keZ^dhXe_gvd_ijb^_lky\wlb^gbhobg_keZ^dh\a^hogmeR_oh\kdhc IZ\_e\a^jh]gmedh]^ZaZgbfaZoehigmeZkvly`_eZy^\_jvdZa_fZlZkihfgbeZkvI_ljhiZ\eh\dZ Lh]^Zhgijh\_e\dj_ihklb\k_]hq_luj_^gybm`_]hlh\[uee_alvgZkl_gmhllhkdbb [_aukoh^ghklbqlhklZeb_]hkimlgbpZfbkkZfh]hi_j\h]h^gyaZlhq_gbyk_cqZk`__]hh`b^Ze ihqlbf_kypZj_klZHimklb\rbkvgZ`_kldbc^_j_\ygguclhiqZgR_oh\kdhch[o\Zlbe]heh\m jmdZfbIhoh`_\k__]hg_ijbylghklblhevdhgZqbgZebkvIhevg_agZekdhevdhijhkb^_e\ g_ih^\b`ghklbh[^mfu\Zy\k_qlhkgbfkemqbehkvbqlh_s_`^_l\i_j_^b Hqgm\rbkvhlk\hbo^mfhgjZkkl_]gmel_kguc\hjhlfmg^bjZJmdZkZfZihlygmeZkvdg_[hevrhfm jZkiylbxgZlhgdhfr_edh\hf]ZclZg_Lhgdh_h[jmqZevgh_dhevph[uehlml`_jy^hfkgZl_evguf dj_klhf;h`_hqlh`_hg\ebi"ihl_j\bkdbR_oh\kdhchqlh\lygmek\hxxgmxkmijm]m" �Z`_ij_^iheZ]Zyqlh_]h`^_lZj_klhglZdbg_j_rbekykdZaZlv@xebqlhbo\_gqZgb_gZdZdh_ lh\j_fyg_h[oh^bfhkhojZgblv\lZcg_ohlyFbr_evg_h^ghdjZlghgZklZb\ZegZlhfL_^\_ g_^_ebqlh^ebehkvboiml_r_kl\b_^hI_l_j[mj]ZIZ\_egZkeZ`^ZekyaZdhgghc\hafh`ghklvx [ulvkg_cgh^Z`_\wlb^gb[_afyl_`gh_kqZklv_lhb^_ehhfjZqZebfukebhlhfq_f_fm ^h\_^_lkyaZieZlblvaZwlhj_r_gb_GhjZa\_`fh]hgihklmiblvkXe_cbgZq_"hlih`Zemcb gZklmibeqZkjZkieZlu^mfZehgBwlhlhevdhgZqZehklhblhlpmijhagZlvqlhhg\_jgmeky\ klhebpmdZd\k_klZg_l\hklhdjZlom`_Lhevdh[u_co\ZlbehmfZaZlZblvkybg_dbgmlvky_]h jZaukdb\ZlvG_h[oh^bfhex[hcp_ghckhojZgblv\lZcg_nZdl\_gqZgby[_aihemq_gbyjZaj_r_gby gZlhhlihedh\h]hdhfZg^bjZklhbllhevdhdhfmgb[m^vijhagZlvijhwlhb_fmijb^_lky\u[bjZlv eb[hm\hevg_gb_khkem`[ueb[hijbagZgb_[jZdZg_^_ckl\bl_evgufHlhfqlhdh]^Zgb[m^vhg fh`_lklhedgmlvkykg_h[oh^bfhklvxk^_eZlvih^h[guc\u[hjg_ohl_ehkv^Z`_^mfZlv Ijh\h^b\dgyayR_oh\kdh]hgZ]Zmil\Zolm]jZnE_\Zrh\[u\rbc\lhl^_gv^_`mjgufhnbp_jhf \_jgmeky\rlZ[ihedZbaZgyek\h_f_klhaZjZ[hqbfklhehf\ijb_fghci_j_^dZ[bg_lhfdhfZg^bjZ ihedZ]^_ijbgyekyjZkdeZ^u\Zlv[mfZ]bbaZibkbZlZd`_]hlh\blvl_dkluijbdZah\^eyi_j_^Zqb\ ihedh\mxdZgp_eyjbxdh]^Z^\_jvdZ[bg_lZDZl_gbgZjZkiZogmeZkvb:e_dkZg^j:g^j__\bq ihijhkbe_]haZclbhc^yE_\Zrh\iehlghijbdjueaZkh[hc^\_jvbaZf_jgZ\uly`dmh`b^Zy ^Zevg_crbomdZaZgbc K_j]_c:e_dkZg^jh\bqh[jZlbekydg_fmDZl_gbgmf_gy\dZfijhkv[ZWlhhlgx^vg_ &#xZr;&#x_c;&#x;&#xhe;&#x_;&#xhl; Z; Z;&#xlv;&#xky;&#x;ijbdZaihlhfm\Zr_c\he_hldZaZlvky_eh\_kvfZ^_ebdZlgh_b_kebukh]eZkbl_kvy[m^m \ugm`^_gijhkblvZkkhojZgblv\lZcg_b^Zggh_ihjmq_gb_b\bablukgbfk\yaZggu_ AZbgljb]h\ZggucE_\Zrh\fheqZeLZdZylZbgkl\_gghklvg_\hevghgZ\h^beZgZfukebhq_flh g_^hklhcghfghkeh\ghijhqblZ\_]hfukebDZl_gbgihki_rbejZa\_ylv_]hih^haj_gby Yihlhfmbh[jZsZxkvdZfqlhagZxZkdZdq_eh\_dZbkdexqbl_evghihjy^hqgh]hbkihkh[gh]h khojZgblvqm`b_k_dj_lu lZdhfkemqZ_kdehgbe]heh\mE_\Zrh\ykh]eZk_g\uihegblvZr_ihjmq_gb_ a^hogm\kh[e_]q_gb_fDZl_gbgi_j_^Ze_fm^\Zdhg\_jlZGZh^ghfihq_jdhfdgyayR_oh\kdh]h [uegZibkZgZ^j_k^hfZdgyay=hjqZdh\ZgZ^jm]hfjmdhckZfh]hDZl_gbgZZ^j_kjh^h\h]h \_kvfZg_ijbylgh_^eydhfZg^bjZIj_h[jZ`_gkdh]hihedZ �hklZ\vl_ih`ZemcklZihgZagZq_gbxk_]h^gy`_aZf_lghg_j\gbqZyihijhkbe:e_dkZg^j :g^j__\bqBgZk_]h^gyfh`_l_[ulvk\h[h^gu uc^ybajZkiheh`_gbyihedZbhklZgh\b\gZ_fgh]hba\haqbdZfheh^hc]jZnE_\Zrh\gZijZ\beky �gZEbl_cgucj_rb\kgZqZeZhl\_albdhg\_jlij_^gZagZq_ggucdgyax=hjqZdh\m\hj_pdbc =hjqZdh\Zijh\h^be_]h\fZeuckZehgbm^Zebekyk^hdeZ^hfdohaybgmhkh[gydZ Xe_gvdZihke_aZ\ljZdZih^gyeZkv\kiZevgxqlhFbr_evij_^hklZ\be\jZkihjy`_gb_ fheh^h`_gh\Mlj_ggbcjZa]h\hjkFbr_e_fhiylv\_jgme__dlj_\h`gufjZafure_gbyfhlhf dZdhgbkIZ\ehf[m^ml`blvdhlhju_g_^Z\Zeb_cihdhy_s_i_j_^\_gqZgb_fLh]^ZhgZ ihkemrZeZkvkh\_lZI_eZ]_bm[_^b\r_c__qlhh[h\k_fwlhf^he`_gfm`ihaZ[hlblvkyl_i_jv`_ ij_[u\ZeZ\jZkl_jygghklbhq_ffh`_lihaZ[hlblvkyfm`dhlhjucih\k_h[s_fmfg_gbxbg_ fm`_c\h\k_^Z_s_bih^Zj_klhfgZoh^blky"Bihq_fm_cihdZaZehkvqlhFbr_evkhh[sbe_ch lhfqlh^ey\k_ohgZ[m^_lkh^_j`ZgdhcR_oh\kdh]h_^\Zebg_km^h\hevkl\b_f":_kebhgZ kh^_j`ZgdZlhjZa\_bf__lhgZijZ\hgZoh^blvky\^hf_=hjqZdh\Z"_sbbolZdbklhyebg_ jZah[jZggufbghdh]^ZLZkyij_^eh`beZjZaeh`blvboihf_klZfXeyhldZaZeZkvhl__ihfhsb KlhymhdgZhgZ\b^_eZdZdkgZqZeZm_oZeZihlhfq_j_adZdh_lh\j_fy\_jgmeky^hfhcFbr_evb hgZih^mfZeZ[uehqlhhgijb\_adZdb_lh\_klbhlIZ\eZgh_cgbdlhgbq_]hg_]h\hjbeZ h[jZlblvkykFbr_exkZfZhgZg_j_rbeZkvM`_kf_jdZehkvdh]^ZhgZdjZ_f]eZaZaZf_lbeZ wdbiZ`hklZgh\b\rbckyi_j_^iZjZ^gufukhdbcfm`qbgZ\rbg_ebIj_h[jZ`_gkdh]hihedZ [ukljhih^gyekyihklmi_gyfb\hr_e\^hfGZdZdh_lh[_amfgh_f]gh\_gb__cihdZaZehkvqlhwlh �\_jgmekyIZ\_ebih^h[jZ\x[dbhgZf_lgmeZkv\hgbadhfgZluh[_`Z\^hkZehgZhgZkljm^hf mkihdhbeZ^uoZgb_g_^hmf_\Zyihq_fmIhevg_ih^gyeky\bodhfgZlmGbfZehg_aZ^mfu\ZykvgZ^ l_fqlh^_eZ_lhgZlhedgmeZ[_eu_kl\hjdb^\_jb\_^ms_c\dhfgZlmbaZklueZgZihjh]_:odZd `_\_ebdh[ueh__jZahqZjh\Zgb_Q_eh\_ddhlhjh]hhgZf_evdhfm\b^_eZbahdgZhdZaZeky\h\k_g_ l_fdh]hhgZlZd`^ZeZhqv_f\ha\jZs_gbbfhebeZ=hkih^Z\_kv^_gv =hjqZdh\bg_agZdhfuc_chnbp_jh^gh\j_f_gghih\_jgmeb]heh\ugZa\mdhldju\r_cky^\_jb FboZbe:e_dkZg^jh\bqg_^h\hevghihdZqZe]heh\hc\k_fk\hbf\b^hf\ujZ`Zyg_h^h[j_gb___ bfimevkb\ghfmihklmidmghhlklmiZlvl_i_jv[uehiha^gh=hem[u_]eZaZg_agZdhfpZkdhevagmeb ihg_ckg_kdju\Z_fuf\hkobs_gb_fMK_j]_y^Z`_^moaZo\ZlbehhldjZkhlulhcqlhlZd\g_aZigh ij_j\ZeZ_]h[_k_^mkdgya_fL_fghdjZkgh_[ZjoZlgh_ieZlv_k[_ehcdjm`_\ghchl^_edhc\u]h^gh ih^q_jdb\Zehij_e_klvxgh]hebpZ[hevrbodZjbo]eZaGh[he__\k_]hE_\Zrh\ZihjZabeZ ijbq_kdZPDGHPRLVHOOHdhjhldhhkljb`_ggu_ehdhgug_^hklZ\Zeb^Z`_^hie_qaZ\b\Zykv\lm]b_ dhevpZhleb\Zxsb_q_jgufr_edhfghwlh[ueh_clZddebpmG_\hevghaZex[h\Z\rbkv ^_\mrdhcE_\Zrh\ihl_jyegblv[_k_^uG_agZdhfdZ\kiuogmeZdZdfZdh\p\_lbjh[dhrZ]gmeZ\ dhfgZlm =hjqZdh\ly`_eh\a^hogm\ih\_jgmekydE_\Zrh\m K_j]_c:e_dkZg^jh\bqiha\hevl_ij_^klZ\blvZffhx]hklvxXebyEv\h\gZDhr_e_\Z \u^_eb\]hehkhfnZfbebxdgyavg_^h\hevgh]eygmegZ^_\mrdm @xebijbk_eZ\e_]dhfj_\_jZgk_ Ijhklbl_qlhihf_rZeZ]hkih^ZjZa^Zekyg_`guceZkdZxsbckemo]hehk?klvebgh\hklbhl =hjqZdh\i_j_^Ze_clhevdhqlhihemq_ggucdhg\_jlbhgZlhjhieb\hkijylZ\_]h\kdeZ^dZo ieZlvyihki_rbeZihdbgmlvboE_\Zrh\kg_^hmf_gb_fihkfhlj_egZ=hjqZdh\ZFbr_evlhevdh ihdZqZe]heh\hc\hl\_lgZg_\ukdZaZgguc\hijhk GhdZdfh`gh"\uj\Zehkv\^jm]bamklK_j]_yDZdfh`ghlZd"DZdhgfh]"g_k^_j`Zeky E_\Zrh\ b^bl;h]K_j]_c:e_dkZg^jh\bqfug_\ijZ\_km^blvboHgbkZfbk^_eZebk\hc\u[hjih`Ze ie_qhf=hjqZdh\^Z\Zyihgylvqlhg_jZkiheh`_g]h\hjblgZwlml_fm E_\Zrh\ihki_rbehldeZgylvkybihdbgmlvhkh[gydgZEbl_cghfIhimlbgZK_j]b_\kdmxmebpmhg lhb^_eh\kihfbgZe[hevrb_l_fgu_]eZaZihegu_lZdhcg_\ukdZaZgghc]jmklbqlhwohwlhclhkdb \^jm]hlha\Zehkv\_]hkh[kl\_gghc^mr_HgkeurZelhedbqlhoh^beb\hdjm]nZfbebb R_oh\kdh]h\ihke_^g__\j_fybohlyihke_lhckdZg^ZevghcaZf_ldbdh]^Zdgyayh[\bgbeb\ kf_jlbZdl_jdbbfi_jZlhjkdh]hl_ZljZPDGHPRLVHOOHEZNhgl_cg\]Za_lZog_ihy\behkv[he__gb keh\Zhkemqb\r_fky\h[s_kl\_mihjghoh^bebkemobqlhk\h_ck\h[h^hcIhevh[yaZgg_dhcxghc ^_\_qlhih`_jl\h\ZeZk\h_cj_imlZpb_cbhldjueZihebpbbqlhghqvm[bckl\Zdgyavijh\_e\__ h[s_kl\_G_m`lhwlh^b\gh_\b^_gb_qlhhg\klj_lbem=hjqZdh\Zb_klvlZkZfZylZbgkl\_ggZy [Zjurgyqvyebqghklv^hkboihj[m^hjZ`beZ\hh[jZ`_gb_k\_lZI_l_j[mj]Z" Ih^gy\rbkv\k_\lm`_kiZevgxXe_gvdZlhjhieb\h\kdjueZdhg\_jlk_]hg_kdhevdhkljhdgh dZdhc`_[hevxhgbhlha\Zebkv\__k_j^p_Xe_gvdZjh^gZyfhyy\_jgmkvdJh`^_kl\mG_ iulZckyjZg__k\b^_lvkykhfghcIhfgbyex[exl_[yy`b\mlh[hcy[m^m`^ZlvgZr_c\klj_qbk g_l_ji_gb_fEx[ysbcl_[ykmijm]Ijb`Z\d]m[ZfibkvfhXeyhl\_jgmeZkvdhdgmKe_au \uklmibebgZ]eZaZo;h]fhcihqlbp_eucf_kyp\jZaemd_DZd`__ci_j_g_klbwlh"BdZd_c gug_hklZ\Zlvky\^hf_dgyay=hjqZdh\Zh^ghc[_ak\h_]hkmijm]Z"DZdwlh[m^_lbklhedh\Zgh\ h[s_kl\_"ijhq_fdZdh__c^_eh^hh[s_kl\Zhghm`_\ug_keh_c\_j^bdlbkihjblvkgbfhgZ g_kh[bjZeZkvDm^Z[he____\hegh\ZeZkm^v[Zkmijm]Z=hjqZdh\hldjue_c\dZdhf^\hckl\_gghf iheh`_gbbhdZaZekyIZ\_ebaaZk\h_]hj_r_gby`_gblvkygZg_cLZi_e_gZkZfhh[fZgZqlhhgZ kZfZ`_kha^ZeZjZ^mykvqm^_kghfmba[Z\e_gbxhlQ_lbobgZ[ueZ[_a`Zehklghkhj\ZgZk__]eZa kmjh\ufbkeh\Zfdgyaybhlgug_kljZoihk_ebeky\__^mr_G_gZ^h[ulvk_fbiy^_c\he[mqlh[u ihgylvdZdhc\u[hjk^_eZ_lR_oh\kdhc_keb_]haZklZ\yl\u[bjZlvf_`^mg_cbl_fqlh^eyg_]h �ihkmlby\ey_lkykfukehf\k_c`bagbHfm`qbgueygbobkihdhg\_dm\hbgkdZy^h[e_klv[ueZ dm^Z\Z`g__q_fkZfu_]hjvdb_ke_aukZfhcex[bfhc`_gsbguAZdmkb\]m[mXeylbohjhgyeZ ke_augZkeh`_ggu_gZdhe_gyojmdbqlhkm^hjh`ghk`bfZebwlmdhjhldmxaZibkdm HgZmkeurZeZlbobcklmd\^\_jv (QWUH] hc^bl_\fihki_rghmlbjZyke_auhlha\ZeZkvhgZ HgZgbqmlvg_m^b\beZkvm\b^_\gZihjh]_k\h_cdhfgZlu=hjqZdh\Zbih^gyeZkv_fmgZ\klj_qm HgZ`^ZeZ_]hihy\e_gby_s_\kZehg_m\b^_\_]hg_^h\hevkl\hl_fdZd[_ajZkkm^ghhgZihklmibeZ hldju\kh\_jr_gghg_agZdhfhfmhnbp_jmbk\h_ijbkmlkl\b_\_]h^hf_bk\yavkR_oh\kdbf XebyEv\h\gZy[uohl_eijhkblvZk\ij_^v[ulvhklhjh`g__\Zrboihju\ZoBohlyfg_g_ ljm^ghihgylvbou^he`guagZlvqlhklZ\bl_ih^m^Zjg_lhevdhk\h_[eZ]hihemqb_ghbdZjv_jm Zr_]hkmijm]ZgZqZe[uehFbr_evghhklZgh\bekym\b^_\g_l_ji_eb\uc`_kl@xebHgZ ohl_eZ[uehkdZaZlv_fmqlh\k_ihgbfZ_lqlhkh`Ze__lghihq_fmlhg_kfh]eZ\ufhe\blvgb jZaju^ZeZkvaZdju\ebphjmdZfbKlu^ykvk\hboke_aXe_gvdZhl\_jgmeZkvhl=hjqZdh\Zie_qb__ khljykZebkvhl]hjvdboju^Zgbc\koebiu\Zgbyi_j_f_`Zebkv[_kk\yagufe_i_lhfHgZ\^jm] ihqm\kl\h\ZeZk_[ylZdhch^bghdhcb[jhr_gghcqlh`Zehklvdk_[_aZoe_klgmeZ__k]heh\hc Fbr_evg_ijb\uqgucd\b^m`_gkdboke_a\^jm]jZkl_jyekyg_agZyqlh_fm^_eZlv Gm[m^_l[m^_llbohijhr_ilZehgih]eZ`b\Zyom^_gvdb_ie_qbdb G_jZa^mfu\ZyhgZrZ]gmeZd=hjqZdh\mbkijylZeZaZieZdZggh_ebphmg_]hgZ]jm^bFbr_ev jZkl_jyghijh\_ejmdhcih__kibg_ml_rZy =hjqZdh\lZdbg_ihgyeqlh\^jm]gZrehgZg_]h;ueebwlhlhgdbcp\_lhqgucZjhfZl__^moh\ qlhgZihfgbe_fm\^jm]lhl\_q_jqlhhglZdohl_eaZ[ulvghqlhlhk`Zehkv\]jm^bHgkgh\Z[ue \l_fghcdZj_l_hgkgh\Z^_j`Ze__\h[tylvyo=m[u_]he_]dhdhkgmebkv__\bkdZkdhevagmebih s_d_hsmsZykhehgh\Zluc\dmkke_ag_m^_j`bfhevxsbokyihs_dZf@xebbkim]ZgghZogmeZb ^_jgmeZkv\_]hh[tylvyoBhg[_ajhihlghhlimklbe__bhlklmibe[hykvih^gylv]eZaZ;h`_Qlh `_hgl\hjbl" 3DUGRQQH]SDUGRQQH]PRL Ijhklbl_ijhklbl_f_gy\fFg_g_lhijZ\^Zgby @xebbkim]ZgghrZjZogmeZkvhlg_]hIh\_jgm\rbkvkibghcd=hjqZdh\mhgZaZklueZmhdgZ XebyEv\h\gZhdebdgmehgghhgZ\hl\_llhevdhg_l_ji_eb\h^_jgmeZie_qhf^Z\Zyihgylvqlh g_jZkiheh`_gZk_cqZkd[_k_^_bg_`_eZ_l\ukemrb\Zlv_]hba\bg_gby Kly`_euf\a^hohfFbr_evaZdjue^\_jv\g_[hevrmx]hklbgmxIjbkehgb\rbkve[hfd^\_jbhg jm]Zek_[yihke_^gbfbkeh\ZfbDZdhgfh]"AZq_faZq_fhgwlhk^_eZe"=Z^dh_qm\kl\hg_^Z\Zeh �ihdhyHghsmsZek_[yij_^Zl_e_fKq_]hhgj_rbeqlhhkluedg_c"ZhgklZjZl_evghgZimkdZe gZk_[ykljh]bc\b^ghlZdbg_aZ[uegb[ZjoZlbklhklv__dh`bih^k\hbfbiZevpZfbgbfy]dhklv �]m[gbkeZ^hklvlh]hmdjZ^_ggh]hihp_emyZ`_agZyhlgug_dlhhgZhg\k_lZdbg_kh\eZ^Zek kh[hcG_lg_ex[h\vlh[ueZebrvijbfblb\gh_\e_q_gb_iehlbghdZdhghhkeh`gyehb[_alh]h g_ijhklmxkblmZpbx\dhlhjhchgbhdZaZebkv �Iha^gbf\_q_jhf\hkh[gydgZK_j]b_\kdhcmebp_ijb[ueihk_lbl_ev\hj_pdbcihki_rbe ^heh`blvohaybgmhijb[u\r_fhnbp_j_K_j]_c:e_dkZg^jh\bqg_l_ji_eb\hjZkoZ`b\ZeihkZehgm h`b^Zydh]^ZGbdheZcFZl\__\bqba\heblijbgylv_]hHg[ufh]ijhklhi_j_^Zlvdhg\_jl ^\hj_pdhfmbihdbgmlv^hfR_oh\kdboihkqblZ\k\hxfbkkbx\uiheg_gghcghhlq_]hlh\a]ey^ i_qZevguodZjbo]eZaklhev]em[hdhaZiZe_fm\^mrmqlhaZohl_ehkv\^jm]kdZaZlvg_kdhevdhkeh\ klZjhfmdgyax GbdheZcFZl\__\bq[ukljufrZ]hf\hr_e\kZehgbihijb\_lkl\h\Zeiha^g_]h\babl_jZ Fg_^heh`bebqlhubf__l_qlhlhkhh[sblvfg_h[jZlbekyhgdE_\Zrh\m Kh\_jr_ggh\_jghZr_kbyl_evkl\h:e_dkZg^j:g^j__\bqijhkbei_j_^ZlvZfebqgh\jmdb hl\_lbeE_\Zrh\^hklZ\Zybaih^fmg^bjZdhg\_jlkibkvfhfDZl_gbgZ ;eZ]h^Zjxhlha\ZekyR_oh\kdhcijhly]b\ZyjmdmaZibkvfhfh^gZdhE_\Zrh\m^_j`Zedhg\_jl \k\h_cjmd_bdgyavi_j_\_em^b\e_gguc\a]ey^ZgZk\h_]hYLVjYLV GbdheZcFZl\__\bqy[uegug_\^hf_dgyay=hjqZdh\Zb\b^_elZfg_dmxPDGHPRLVHOOHdhlhjhc fhe\Zijbibku\Z_lkiZk_gb_IZ\eZGbdheZ_\bqZ\h^ghf\_kvfZs_dhleb\hf^_e_YkqblZxqlh Zrkug^he`_gihklmiblvdZdq_eh\_dq_klbZu^he`guih\ebylvgZg_]h_`_ebhgkZfwlh]hg_ ihgbfZ_lkwlbfbkeh\ZfbK_j`jZa`ZeiZevpuiha\heyydgyaxaZ[jZlvibkvfhDZl_gbgZ klZjrbciha\hevl_fg_kZfhfmkm^blvhlhfdZd^he`ghihklmiblv\wlhckblmZpbbKby^_\bpZ ij_djZkghagZeZgZqlhreZY\h\k_g_mfZeyx__aZkem]ghwlh\k_]hebrvm\e_q_gb_hghijhc^_l bqlh^Zevr_"Qlh[m^_ldh]^ZkljZklvhklug_l"ukZfb[uhl\Z`bebkvgZlZdhcrZ]" E_\Zrh\aZ^mfZekyQlh^eyg_]hagZqblfg_gb_k\_lZ"Gh\_^vhgbg_ex[belZdqlh[uij_aj_lv �\k_hljbgmlv\k_khfg_gbyZm\e_dZekyghgbh^gZ^hk_cihjug_aZklZ\beZk_j^p_[blvkyjZ^b lhevdhh^gh]h\a]ey^Zex[bfuo]eZa G_lgZ\_jgh_g_lg_m\_j_gghhl\_lbehg Lh]^Zg_km^bl_b^Zg_km^bfu[m^_l_bjhgbqghmeu[gmekydgyav Kly`_eufk_j^p_fihdb^ZeK_j]_chkh[gydgZK_j]b_\kdhcmebp_k_g_reZba]heh\u^_\mrdZ \klj_q_ggZybfm=hjqZdh\ZDZdh_[m^ms__`^_l__dh]^ZR_oh\kdhcij_kulblky_x"Ihc^_lih jmdZfklZgh\ykvkh^_j`Zgdhclhh^gh]hlh^jm]h]h^hl_oihjihdZfheh^hklvbdjZkhlZg_ m\ygml":^Ze__"I_qZevgZymqZklvgh\_^vhgZkZfZba[jZeZ__BdZdh__fmlh^_eh^hlh]h"Hg ihiulZeky^mfZlvh^jm]hfghfukebihfbfh\hebkgh\Zbkgh\Z\ha\jZsZebkvdl_fguf]eZaZfb [e_^ghfm\klj_\h`_gghfmebpm Ijhc^y\dZ[bg_lGbdheZcFZl\__\bqlhjhieb\h\kdjuedhg\_jlLZdb_klvIZ\_e\_jgmeky DZl_gbg\k\h_fibkvf_kmohkhh[sbeebrvnZdlijb[ulbybkjhdZj_klZrlZ[kdZiblZgZ R_oh\kdh]h^Z_s_lhqlhi_j_^Zj_klhfIZ\_egZibkZe_^bgkl\_ggh_ibkvfhdhlhjh_ihijhkbe ^hklZ\blv\^hf=hjqZdh\Zkihfgb\g_^Z\gxxieZf_ggmxj_qvfheh^h]hE_\Zrh\Zdgyav GbdheZcijbgyekyg_j\gh[ZjZ[ZgblviZevpZfbihklhemG_ohjhrhhcg_ohjhrhqlh^_\bpZ hklZeZkvm=hjqZdh\ZFukevihk_lb\rZy_]h[ueZklhevg_h`b^Zgghcqlhhg\kdhqbekdj_keZb ohl_eijbdZaZlvlhlqZkaZdeZ^u\ZlvehrZ^_cgh^hklZ\badZjfZgZ`be_lZ[j_]_lbm[_^b\rbkvqlh \j_fym`_iha^g__j_rbehleh`blv\bablgZEbl_cguc^hmljZ GhqvxXeyiehohkiZeZ?ckgbekykhgihgZqZemklhev[eZ]hklgucqlh_cdZaZehkv[m^lhhgZ gZy\mhsmsZ_ll_iehkheg_qguoemq_cqlhijh[b\Zxlkykd\hav]mklu_djhgu^_j_\v_\iZjdZ\ DmavfbgdZobb]jZxl[ebdZfbgZ__ebp_SmjykvhlkhegurdZhgZreZihZee__gZ\klj_qm \ukhdhfm]\Zj^_ckdhfmhnbp_jmHklZgh\b\rbkvbijbeh`b\eZ^hgvdhe[mhgZ\kfZljb\ZeZkv\ ijb[eb`Zxsmxkyfm`kdmxnb]mjmK_j^p_jZ^hklghaZ[behkv\]jm^bdhg_qghwlhhgWlh_]h ahehlbklu_dm^jbkbyxl\kheg_qguoemqZo_]hk_ju_]eZaZemqZlkyg_`ghklvx_]hmeu[dZ ij_^gZagZq_gZ_ch^ghcHgZijhlygmeZdg_fmjmdbghg_^hc^y^hg__g_kdhevdborZ]h\IZ\_e hklZgh\bekyMeu[dZ_s_f]gh\_gb_gZaZ^fy]dZybg_`gZy\^jm]ij_\jZlbeZkv\ ij_g_[j_`bl_evgmxmkf_rdmbih\_jgm\rbkvdg_ckibghchgaZrZ]ZeijhqvXey[jhkbeZkv \ke_^aZgbf\udjbdb\Zy_]hbfyghkdhevhgZgbklZjZeZkvg_fh]eZgZ]gZlv_]h?_gh]bimlZebkv \rbjhdbox[dZoieZlvy\]jm^bdhehehhlqZklgh]h^uoZgbyZhgmoh^behlg__\k_^Zevr_b ^Zevr_AZeb\Zykvke_aZfbhgZ\k_djbqZeZbdjbqZeZ_fm\ke_^qlh[uhgih^h`^Ze__ghhg^Z`_ g_h]eygmekyBlh]^Z[_agZ^_`ghjZaju^Z\rbkvbaZf_j_\ihkj_^bZee_bhgZ\^jm]hsmlbeZoheh^ qlhijh[bjZe__^hdhkl_cZdh]^ZhlgyeZjmdbhlebpZkm^b\e_gb_fih^klZ\beZeZ^hgv[_euf imrbklufoehivyfqlhdjm`bebkv\hdjm]g__ Ijhkgm\rbkvXeyj_adhk_eZgZihkl_ebbdhkgmeZkvdhgqbdZfbiZevp_\s_dS_db[uebfhdjufb hlke_ak_j^p_dhehlbehkvmkZfh]h]hjeZKhgmkihdZb\ZeZhgZk_[yWlh[ue\k_]hebrv^mjghc khgHldjueZkv^\_jv\kiZevgxb\dhfgZlmkaZ``zgghck\_qhc\jmd_\hreZ]hjgbqgZyqlh dihkl_eb QlhkZfb[Zjurgy"ulZddjbqZeb\kfZljb\Zykv\aZieZdZggh_ebphkijhkbeZhgZ Gbq_]hLZkyKlmiZckiZlvIjhklhkhg^mjghcijbkgbeky Ih`Z\ie_qZfb^_\mrdZm^ZebeZkv\]hklbgmx]^_hgZkiZeZkl_oihjdZd__ijbklZ\beboh^blvaZ wlhckljZgghc[Zjurg_c XeygZdbgm\gZie_qbrZevrZ]gmeZdhdhrdmGugq_[ueihke_^gbc^_gvghy[jyFy]dhdjm`Zkv �\fhjhaghf\ha^mo_\k\_l_mebqguonhgZj_cgZa_fexeh`bebkvdjmigu_[_eu_oehivy_\mrdZ ay[dhih_`beZkvkh\k_fdZd\__kg_:\_^vk_]h^gyq_l\_j]\a^hogmeZhgZZkq_l\_j]ZgZ iylgbpmkgu]h\hjyl\_sb_ I_j_dj_klb\rbkvhgZlbohijh[hjfhlZeZk_[_ih^ghkDm^Zghqvlm^Zkhgb\_jgmeZkv\ ihkl_evgh[hevr_lZdbg_mkgmeZ^hkZfh]hjZkk\_lZ]ey^y\s_evqlhhgZg_qZygghhklZ\beZ f_`^mihjlv_jZfbdZdgZghqghcI_l_j[mj]fy]dhiZ^Z_lkg_] KimkdZykvihmljm\klheh\mx@xebmkeurZeZ]jhfdb_]hehkZ^hghkysb_kybaaZ^\_jb\dZ[bg_l ohaybgZhkh[gydZDlh[ufh]ijbclbkhklhevjZggbf\bablhf"aZ^mfZeZkvhgZgZf]gh\_gb_ �aZf_^eb\rZ]\_jvjZkiZogmeZkvbbadhfgZlu\f_kl_kFbr_e_f\ur_eq_eh\_d\dhlhjhfhgZk m^b\e_gb_fmagZeZGbdheZyFZl\__\bqZR_oh\kdh]h;m^mqb_s_j_[_gdhfXe_gvdZg_kdhevdhjZa \b^_eZdgyayR_oh\kdh]hdh]^Zlhl[u\Zy\BevbgkdhfaZ_a`Zek\bablZfbdEv\m:e_dk__\bqmb EZjbk_:nZgZkv_\g_bklhcihjuhgfZehbaf_gbekyDlhfm`_hl_pbkugR_oh\kdb_[ueb\_kvfZ b\_kvfZkoh`bf_`kh[hcbl_i_jvhgZbf_eZ\iheg_hij_^_e_ggh_ij_^klZ\e_gb_dZd[m^_l \u]ey^_lv__kmijm]e_lq_j_aljb^pZlvR_oh\kdhchklZgh\beky^h]Z^Z\rbkvqlhwlh^hqv_]h ihdhcgh]hkhk_^Zb\i_jbe\^_\bpmly`_euc\a]ey^IjZ\beZohjhr_]hlhgZlj_[h\Zeb ihijb\_lkl\h\Zlv__ghhgmfure_gghj_rbeg_lhjhiblvkygZkeZ`^Zykv__aZf_rZl_evkl\hfXey gZm^b\e_gb_[ukljhijbreZ\k_[yhlklhevg_h`b^Zgghc\klj_qbIjbk_\\j_\_jZgk_hgZih^gyeZ ]eZaZgZdgyayGbdheZcFZl\__\bqebrvkmohdb\gme_c]heh\hcbgZijZ\beky\\_klb[xev khijh\h`^Z_fucdgya_f=hjqZdh\ufIhqlbg_\hafh`gh[ueh\wlhc]jZpbhaghcdjZkb\hcfheh^hc `_gsbg_ijbagZlvlmq_jgy\mx]he_gZklmxg_ihk_^mqlhhgaZihfgbebak\hbo\bablh\\ DmavfbgdbQlh`kh\k_fg_m^b\bl_evghqlhIhevij_^ihq_eklhevkZfh[ulgmxdjZkhlmg_`ghc ij_e_klbIhebgbeb[eZ]hjh^ghfmhqZjh\Zgbx:e_dkJZ^abgkdhc GbdheZcFZl\__\bqihki_rbeihdbgmlvhkh[gyd=hjqZdh\Z^Z[ug_kdZaZlv\k_j^pZoq_]hgb[m^v lZdh]hhq_f\ihke_^kl\bbih`Ze__lohlykeh\ZlZdbj\ZebkvkyaudZAZq_faZq_fwlZ]emiZy ^_\qhgdZk\hbfbjmdZfbjZajmrbeZk\hxkm^v[m"?cke_^h\Zehlboh\uclbaZfm`aZ[ZjhgZ Q_lbobgZ\_^v\__iheh`_gbbwlh[ueh_^bgkl\_ggh_jZamfgh_j_r_gb_Hg^Z`_]hlh\[ue \klmiblvkyaZg__i_j_^[Zjhghfbij_^eh`blv_fm^h\hevghdjmigmxkmffmkl_fqlh[ulhl aZdjue]eZaZgZ[ueu_ij_]j_r_gbyk\h_cxghckmijm]b;Zjhgohlvbkeueq_eh\_dhfg_[_^guf gh\jy^eb[uhldZaZekyhllZdh]hij_^eh`_gbyZR_oh\kdb_\k_]^ZieZlbebk\hb^he]bGh^_\bpZ kZfZ\u[jZeZwlhlimlvbkdhevdh[um]jua_gbykh\_klbgb^hgbfZeb_]hhggbdh]^Zg_kh]eZkblky gZlhqlh[uhgZ\hreZ\k_fvxR_oh\kdbo M`_kb^y\wdbiZ`_GbdheZcFZl\__\bqkgh\Z\kihfbgZek\hcjZa]h\hjk=hjqZdh\ufDh]^Z\q_jZ \_q_jhfhgjZa^mfu\ZedZdmkfbjblv\a[mglh\Z\r_]hkykugZ_fmijbreZ\]heh\mwlZ aZf_qZl_evgZyb^_ybhgkkZfh]hmljZ\u_oZ\ihk\h_fmh[udgh\_gbxgZijh]medmihki_rbe__ GbdheZyFZl\__\bqZg_fZehm^b\behqlhIhevkm^yihibkvfmDZl_gbgZbkhh[s_gbxE_\Zrh\Z ijb\_ak\hx[Zjurgx\ijbebqguc^hfijhq_f\kihfgb\qlhf_kypgZaZ^\uklZ\bekugZba ^hfZbebrbekh^_j`Zgbyhgj_rbeqlh^jm]h]h\u[hjZmlh]hih`Zemcbg_[uehghm`gbdZdg_ ]h^blkyqlh[uwlZdhdhldZihqlbp_eucf_kyphklZ\ZeZkv\^hf_dgyayHiylv`_g_^_eh_keb d\Zjlbjm_cklZg_lhieZqb\Zlv=hjqZdh\aZq_febrgb_lhedb\hdjm]bf_gbIZ\eZ"MR_oh\kdh]h [ueZg_[hevrZygh^h\hevghijbebqghh[klZ\e_ggZyd\ZjlbjZhlm`ihqlbihe]h^ZdZd\g_c gbdlhg_`bekl_oihjdZd_]hPDvWUHVVH ex[h\gbpZ\f\^jm]ih`_eZ\rZyhklZ\blvk\h_j_f_kehb y\blvky]^_gb[m^v\ijh\bgpbbj_ki_dlZ[_evghx\^h\hxihemqbeZhlklZ\dmH^gZdhdZd`_dklZlb hg\kihfgbeh[wlboZiZjlZf_glZoukemrZ\_]hFbr_ev[he__q_fhohlghkh]eZkbekyk_]h ^h\h^Zfbbihki_rbeaZ\_jblvqlhhdZ`_lXebbEv\h\g_kh^_ckl\b_\kdhj_cr_fi_j__a^_Kh k\h_cklhjhguR_oh\kdhcklZjrbcihh[_sZeijbkeZlvIjhohjZqlh[ulhlihfh]i_j_\_alb[Z]Z` IheygZd\ZjlbjmLZdbfh[jZahfkby^_ebdZlgZyijh[e_fZ[ueZjZaj_r_gZdh\k_h[s_fm m^h\hevkl\bx Kq_]h\^jm]lZdZyfbehklv"\k_`g_k^_j`Zeex[hiulkl\Z=hjqZdh\h[jZsZykvdm`_ ih^gy\r_fmkybadj_keZGbdheZxFZl\__\bqm Q_f[u^blygbl_rbehkvkgbkoh^bl_evghmkf_ogmekydgyav �mfZ_l_hghklZ\bl__"bjhgbqghihbgl_j_kh\ZekyFbr_ev Wlh\k_]hebrv\hijhk\j_f_gbm\_j_gghaZy\beR_oh\kdhc Ghm\b^_\^_\mrdmGbdheZcFZl\__\bqm`_g_[uelZd\wlhfm\_j_gG_evaygbdZdg_evay mimkdZlvboba\b^mDZd^_jadhhgZkfhlj_eZgZg_]hg_hl\_eZ\a]ey^Zdh]^Z^Z`_fm`qbgu \klj_qZylZdhc_]h\a]ey^ki_rbebhimklblv]eZaZg_cg_kfhljygZdZ`msmxky\g_rgxx ojmidhklvbjZgbfhklvqm\kl\h\ZeZkvg_k]b[Z_fZy\heybdZdZylh\gmlj_ggyy^moh\gZykbeZ Ih`Zemcbf_gghlZdZybkihkh[gZg_lhevdh\kdjm`blv]heh\mghbmdjZklv\_lj_gh_k_j^p__]h kugZ @xeb[jhkb\\a]ey^\ke_^moh^ys_fmGbdheZxFZl\__\bqmijhreZ\klheh\mxEZd_cijb^_j`Ze i_j_^g_c^\_jvbhlh^\bgmeklmedh]^ZhgZijbkZ`b\ZeZkvdklhemkdhj_ijh\h^b\mlj_gg_]h ]hklydg_caZaZ\ljZdhfijbkh_^bgbekyFbr_evH[Zg_aZ[ueb\q_jZrg_]h\_q_jZb\dhfgZl_ ih\bkehg_eh\dh_fheqZgb_@xebg_j\gbqZyi_j_[bjZeZiZevpZfbdjZ_r_devgyghckZen_ldb h`b^Zydh]^ZeZd_ch[kem`blbobm^Zeblky?cg_l_ji_ehkvmagZlvaZq_fhl_pIZ\eZijboh^bed =hjqZdh\mHgZqm\kl\h\ZeZqlh_]h\babldZdbflhh[jZahfk\yaZgkg_cbl_i_jv]Z^ZeZq_]h bf_ggh_c`^Zlvhlg_]hGZdhg_phgZj_rbeZkvbhlhj\Z\\a]ey^hllZj_edbihkfhlj_eZijyfh\ ]eZaZFbr_ey FboZbe:e_dk__\bq\hafh`ghyg_bf_xijZ\ZZkkijZrb\Zlvh[wlhfghfg_dZ`_lkyqlh\babl GbdheZyFZl\__\bqZdZf^Z_s_\klhevjZggxxihjmdZdlhk\yaZgk^_eZfbfhbfbbfh_]h kmijm]Z?kebwlhg_lZdlhijhrmijhs_gbyaZfh_g_mf_klgh_ex[hiulkl\h uijZ\uXebyEv\h\gZkh\a^hohfhleh`be\bedm=hjqZdh\GbdheZcFZl\__\bqkqblZ_lqlh Zfg_ijbebqgh^Ze__gZoh^blvky\kl_gZofh_]h^hfZg_bf_ydhfiZgvhgdb G_ijbebqgh"_^\ZaZf_lghmkf_ogmeZkv@xebBdZddgyavij_^eZ]Z_ljZaj_rblvwlmVLWXDWLRQ kblmZpbx\fqlhih_]hfg_gbxgZghkblg_ihijZ\bfucms_j[fh_cj_imlZpbb" Fbr_eve_]dhmeh\bebjhgbx\__keh\ZoHdZdhcj_imlZpbbfh`_lb^lbj_qvdhev\k_kqblZxl__ @xebmeu[gmeky=hjqZdh\ykdehg_gkh]eZkblkykfg_gb_fGbdheZyFZl\__\bqZhkh[_ggh ihke_\q_jZrg_]hohlywlhp_ebdhfbiheghklvxfhy\bgZHgij_^eZ]Z_lZfi_j_[jZlvkygZ d\ZjlbjmdhlhjZyijbgZ^e_`blR_oh\kdbfWlh\iheg_ijbebqgu_ZiZjlZf_gluZyh[_sZxZf \kyq_kdh_kh^_ckl\b_\i_j__a^_\ex[h_\j_fydhlhjh_ukhql_l_m^h[guf hldZdya\bl_evgZyj_iebdZ\_jl_eZkvmg__gZyaud_ghXeym^_j`ZeZkv dhgp_dhgph\Fbr_evijZ\bfg_klhblhklZ\ZlvkygZ_^bg_\_]h^hf_ Gh;h`_dZd`_ly`_ehklZeh^urZlvDgyavkq_e__ex[h\gbp_ck\h_]hkugZbihlhfmij_^eh`be wlhl\ZjbZgldhlhjuc[m^vhgZgZkZfhf^_e_ex[h\gbp_cZg_`_ghc^he`_g[ue[ukh\_jr_ggh mkljhblv__GmZq_]hlu`^ZeZ"]jmklghmkf_ogmeZkv^_\mrdZQlhhgij_^eh`bli_j__oZlv\ nZfbevguchkh[gydb`^Zlv\ha\jZs_gbyIZ\eZlZf"=emih[uehgZ^_ylvkyihdZqZeZhgZ]heh\hc Gbdh]^ZGbdheZcFZl\__\bqg_^Zklk\h_]h[eZ]hkeh\_gbybgZijZkghhgZih\_jbeZm\_j_gbyf Iheyqlhklhbllhevdhih^h`^Zlvb_]hhl_pkfbjblkykbo[jZdhfHggbdh]^Zg_kfbjblkyZ ke_^h\Zl_evghbfb^Zevr_ijb^_lkykdju\Zlvhl\k_]hk\_lZbklbggh_iheh`_gb_^_eDjhf_lh]h __[_kihdhbehhlkmlkl\b_jZaj_r_gb_gZ[jZdhldhfZg^bjZihedZFbr_ev\_^vg_ijhklhlZd ]h\hjbe_cqlhlZdhc[jZdfh`_l[ulvijbagZgg_^_ckl\bl_evgufgh\v\kihfgbebkv__ghqgu_ \b^_gby;h`_G_m`_ebwlhijhjhq_kl\h_c"=hkih^bk^_eZclZdqlh[u_fmg_ijbrehkv \u[bjZlvlZcdhfi_j_dj_klbeZkvhgZbihklZjZeZkv\aylvk_[y\jmdbGh\k_`_dh]^ZhgZj_rbeZ \uiblvqZxqZcgZyiZjZf_edhih^jZ]b\ZeZ\__jmdZobhgZihki_rbeZihklZ\blv__gZklheihdZ g_jZkie_kdZeZgZ[_ehkg_`gmxkdZl_jlv__kh^_j`bfh_ FboZbe:e_dk__\bq\gh\vh[jZlbeZkvhgZd=hjqZdh\mfg_[uohl_ehkvgZg_klb\bablk_klj_ ug_fh]eb[uhgZohl_eZ[uehihijhkblvmg_]hjZaj_r_gby\hkihevah\Zlvky_]hwdbiZ`_fgh i_j_^mfZeZqlh[m^_l_kebdlhgb[m^vm\b^bl__\wdbiZ`_=hjqZdh\Z" @xebym[_`^_gqlhZfg_klhblihdZ\u_a`Zlvhl\_lbeFboZbeImklvijhc^_l\j_fyimklv ohly[u\_jg_lkyZrkmijm]blh]^Zfh`_l[ulvfh`gh[m^_lhldjulvIhebgijZ\^mhZr_f iheh`_gbbIhcfbl_qlhq_f[hevr_ex^_cagZxldZdhclhk_dj_ll_fljm^g__khojZgblv_]h\ lZcg_ uijZ\uFboZbe:e_dk__\bqih^gyeZkvhgZbaaZklheZIhc^mihijhrmLZkxmiZdh\Zlvfhb \_sbB_kebwlh\hafh`ghfg_ohl_ehkv[ui_j__oZlvdZdfh`ghkdhj__ Gmy`_h[_sZeZf\kyq_kdh_kh^_ckl\b_GbdheZcFZl\__\bqh[_sZeijbkeZlv\ihfhsv IjhohjZ^_gsbdZIZ\eZDklZlb_kebZfgjZ\blkyZrZ]hjgbqgZyfh`_l_aZ[jZlv__kkh[hc ij_^eh`be=hjqZdh\ DZdfh`gh"m^b\beZkv@xeb Yj_rmwlh\hijhkkZrbfkmijm]hf ;eZ]h^Zjxdb\gmeZ]heh\hc@xebh[jZ^h\ZggZyl_fdZde_]dhj_rbeky\hijhkkijbkem]hc =eZ\Z Ihke_aZ\ljZdZ=hjqZdh\\_kvfZ^h\hevgucl_fqlhkfh`_l\kZfhf[eb`Zcr_f[m^ms_f \_jgmlvkydijb\uqghcohehklypdhc`bagbj_rbebkihegblv^Zggh_Xe_h[_sZgb_b\klj_lblvkyk DZl_gbguf_jgmekyhg\h\lhjhciheh\bg_^gy@xeb\h`b^ZgbbohaybgZhkh[gydZlhb^_eh \u]ey^u\ZeZ\hdgh]hklbghcb_^\ZaZ\b^_\agZdhfucwdbiZ`ihki_rbeZkimklblvkyKlhygZ \_jog_cklmi_gvd_e_klgbpuhgZ\b^_eZdZdFbr_ev\hr_e\\_klb[xevhljyogmekg_]k\hjhlgbdZ FboZbe:e_dk__\bqhdebdgmeZhgZ_]hbdgyavhklZgh\beky?klvdZdb_gh\hklb"ijh^he`beZ hgZkimkdZykv\gba ;hxkvqlhfg_g_q_fZkh[jZ^h\ZlvXebyEv\h\gZ\a^hogmehgM`g_agZxq_flZd ijh]g_\beDZl_gbgZR_oh\kdhcgh:e_dkZg^j:g^j__\bqdZl_]hjbq_kdbhldZaZekyi_j_f_gblvk\h_ j_r_gb_bkhdjZlblvkjhdZj_klZbihlhfmkmijm]ZZr_]hfum\b^bfg_jZg__Jh`^_kl\Zhg ihfheqZeg_dhlhjh_\j_fyZihlhfihbgl_j_kh\ZekyZr[Z]Z`m`_miZdh\Zeb"?keb`_eZ_l_fu fh`_fih_oZlvijyfhk_cqZk Xe_gvdZlhevdhdb\gmeZ]heh\hcg_\kbeZo\ufhe\blvgbkeh\ZgZklhevdh__jZkkljhbeb ihemq_ggu_ba\_klby Lh]^ZyjZkihjy`mkvqlh[uih^ZebwdbiZ`ihki_rbehl^ZlvjZkihjy`_gb_=hjqZdh\ @xebklhyeZmhdgZ[_amqZklgh\abjZygZlhdZdkm_lylkykem]bmdeZ^u\Zy\wdbiZ`=hjqZdh\Z \_sb__bkmijm]ZKg_]\k_ijh^he`Zeb^lbmdju\Zyfhklh\mximrbklufb[_eufbkm]jh[Zfb �_\mrdZ\h^beZlhgdbfiZevqbdhfihkl_demdh]^Z^\_jvaZ__kibghchldjueZkvb\hreZLZky ;Zjugy\k_m`]hlh\h_oZlvihjZh[jZlbeZkvhgZdg_c Ih^bkdZ`bqlhym`_b^mih\_jgmeZkvdg_c@xeb Ih_a^dZ[ueZg_^he]hcFbr_evj_rbeijh\h^blv__bihijb_a^_gZd\ZjlbjmkZfhldjuei_j_^g_c ^\_jbih^gy\rbkvgZgm`gucwlZ`D\ZjlbjZij_^klZ\eyeZkh[hc\_kvfZijhklhjgu_ZiZjlZf_glu ohlybg_kdhevdhaZims_ggu_bgm`^Zxsb_ky\m[hjd_@xebg_ki_rghijhreZkvihdhfgZlZf hklZgh\beZkv\jhkdhrghc]hklbghcbijh\_^yaZlygmluf\lhgdmxeZcdh\mxi_jqZldmiZevp_fih dZfbgghcihed_]eygmeZgZke_^hklZ\e_gguc__iZevp_f\lheklhfkeh_iuebe_`Zs_cgZ]eZ^dhc ih\_joghklbfjZfhjZKe_^hfaZg_c\hreZLZkybaZklZ\k\hxohaycdmklhys_c\iheghc aZ^mfqb\hklbmdZfbgZlbohaZklueZ\^\_jyoh`b^ZymdZaZgbc Ijb[jZlvky[ugZ^hjZkk_ygh[jhkbeZ@xebh]ey^u\ZykvihklhjhgZf Wlhyfb]hf[Zjugyg_ba\hevl_[_kihdhblvkyhlha\ZeZkvLZky^_eZye_]dbcdgbdk_gK_cqZkb dZfbgbi_qbjZklhibfZlhoheh^ghlmldZd\ih]j_[_aZkm_lbeZkvhgZK_cqZklhevdhIjhohjZ aZ^jh\Zfbihrex LZkyb_s_^\_]hjgbqguoijbkeZggu__c\ihfhsv=hjqZdh\ufaZgyebkvm[hjdhcZXey_s_jZa h[hc^y\kxd\ZjlbjmihiulZeZkv[uehmkljhblky\dj_ke_mdZfbgZkdgb]hcgh[md\uiju]Zeb i_j_^]eZaZfbbgbdZdg_`_eZebkdeZ^u\Zlvky\keh\Zbf_xsb_ohlvdZdhcgb[m^vkfukeHklZ\b\ wlh[_kkfuke_ggh_aZgylb_hghleh`beZdgb]m\klhjhgmbhldbgm\rbkvgZkibgdmdj_keZijhklh ijbdjueZ]eZaZIjhohjkgZqZeZjZklhibei_qbZl_i_jv\habekykdZfbghfqlhlh\hjqZk_[_ih^ ghkb\kdhj_\g_faZiueZehyjdh_ieZfyb\_k_ehihlj_kdb\Zebkmob_ihe_gvyH[_jgm\rbkv ^_gsbddgyaykhqm\kl\_ggh\a^hogme]ey^ygZfheh^mx`_gsbgm �Zug_i_j_`b\Zcl_[Zjurgy\k_meZ^blkylbohijhbag_khg MkeurZ\_]hkeh\ZLZkyohl_eZ[uehihijZ\blv_]hqlhgbdZdZyfheg_[Zjurgyi_j_^gbfZdZd _klv[Zjugyb_]hohaycdZghihqm\kl\h\ZeZdZd@xebg_kbevgh^_jgmeZ__aZjmdmbihdZqZeZ ]heh\hcijbau\ZydfheqZgbxIha^gbf\_q_jhfdh]^ZhgZihfh]ZeZohaycd_ijb]hlh\blvkydhkgm XeykZfZaZ\_eZjZa]h\hjh[wlhfg_^hjZamf_gbb �G_gZ^h[ghihdZgbdhfmagZlvqlhyaZfm`_faZdgya_flbohijhbag_keZhgZZ`_^_gsbdm _]h_jg_lkyIZ\_eGbdheZ_\bqkhql_lgm`gufkZfjZkkdZ`_l ]hkih^ �gb\h`b^Zgbbkmijm]Zihlygmebkvh^ghh[jZaghbmguehKb^_lv\q_luj_okl_gZo[ueh g_\ughkbfhbijhkgm\rbkvdZdlhykguffhjhaguf^_dZ[jvkdbfmljhf@xebijbgyeZj_r_gb_ �jZa\e_qvk_[yohly[uijh]medhcihFboZceh\kdhfmiZjdmh[jZ\rbkv^hf_klZ^_\mrdZ hlimklbeZdjuluc\hahdb\f_kl_khk\h_c]hjgbqghcklmibeZgZaZkg_`_ggmxZee_xLZky ^_j`ZeZkvg_fgh]hihaZ^b[ZjugbklZjZykvg_gZjmrZlv__m_^bg_gbybaZ^mfqb\hklbXe_gvdZ f_^e_ggh[j_eZihZee__]ey^yk_[_ih^gh]bijyqZ]hjysb_hlfhjhaZs_db\jhkdhrghfebkv_f \hjhlgbd_gh\h]hkZehiZAgZdhfuc]hehkjZa^Z\rbcky\^jm]aZ__kibghcaZklZ\be__\a^jh]gmlv XebyEv\h\gZ]hem[mrdZg_m`lhu" HklZgh\b\rbkv@xebg_ohlyh[_jgmeZkvb\u^Z\beZbak_[y\ufmq_ggmxmeu[dm �h[jhmljh:e_dkZg^jFboZceh\bq ;h`_Wlhb\kZfhf^_e_u:ym`^mfZeihdZaZehkvfg_bkdj_gg_h[jZ^h\Zeky\klj_q_ =_^_hgh\Ghdm^Z`_uijhiZeb"Ohlyg_[m^_fhlhf\_kvfZ\_kvfZ[ueh]hjq_gijhkeurZ\ ijhZrbg_ijbylghklb GmlZdbebbgZq_fhb^_eZmkljhbebkv\a^hogmeZ@xebhibjZykvgZij_^eh`_ggmxjmdmb ijh^he`Zyijh]medm\h[s_kl\_^bj_dlhjZbfi_jZlhjkdbol_Zljh\ LZdwlhijZ\^Z"lbohkijhkbe=_^_hgh\ Qlhbf_ggh"\kdbgmeZkvXe_gvdZ Ih]h\Zjb\Zxlqlhuijbgyebij_^eh`_gb_dgyayR_oh\kdh]haZf_lbe:e_dkZg^jFboZceh\bq Ij_^eh`_gb_"ihoheh^_eZXeyG_m`_ebdhfmlhklZehba\_klghh[h\k_f" Ij_^eh`_gb_hihdjh\bl_evkl\_"\hijhkbl_evghijbih^gye[jh\v=_^_hgh\ &#xu;&#xh[;&#xw;&#xlh;&#x;&#xh;&#x[e;&#x_];&#xq_;&#xgg;&#xh;&#xu;&#x^h;&#xog;&#xme;&#xZ;&#x^_;&#xmr;&#xdZ;&#x;&#x;�:ouh[wlhfh[e_]q_ggh\u^hogmeZ^_\mrdZZfukIZ\ehfGbdheZ_\bq_fijbrebd kh]eZr_gbx ug_kh[bjZ_l_kv\_jgmlvkygZkp_gm"ihbgl_j_kh\Zeky:e_dkZg^jFboZceh\bq M\ug_l]jmklghmeu[gmeZkvXe_gvdZIZ\_eGbdheZ_\bq\_kvfZj_rbl_evghgZklZb\Zeqlh[u yhklZ\beZZdl_jkl\h Ghwlh`_ij_klmie_gb_aZju\ZlvlZdhclZeZgl\a_fexkh\_jr_gghbkdj_gg__\hafmlbeky =_^_hgh\Ohlbl_yih]h\hjxkgbfqlh[uhgi_j_f_gbek\h_j_r_gb_"Fheh^hklvbdjZkhlZ m\ug_\_qguZfgm`ghbhk\h_f[m^ms_f^mfZlvkm^ZjugyZmZkkZrbflhg_khfg_gguf lZeZglhfhghfh`_l[ulv[e_klysbf G_lg_lG_klhbl[_kihdhblvkyihki_rbeZhklZgh\blv_]h@xebYbkZfZg_]hjx`_eZgb_f \ha\jZsZlvkygZkp_gm :e_dkZg^jFboZceh\bqjZkkljh_ghihdZqZe]heh\hc @Zevhq_gv`Zev Hgb_s_g_dhlhjh_\j_fyfheqZrebjy^hf^mfZydZ`^uchk\h_fbgZkeZ`^Zykvmlj_gg_clbrbghc bykghcfhjhaghcih]h^hcghih^hc^yd\uoh^mbaiZjdZ@xebihki_rbeZijhklblvkyk =_^_hgh\ufbhklZgh\b\ba\haqbdZhlijZ\beZkv^hfhc Ihke_wlhcg_qZygghc\klj_qbhgZgbdm^Zg_\u_a`ZeZhiZkZykvihiZklvkygZ]eZaZ_s_dhfm gb[m^vbaagZdhfuoZ_kebb\uoh^beZba^hfmlhg_^Ze_dh^h[eb`ZcrboeZ\hdqlh[u ijbh[j_klbdh_dZdb_g_h[oh^bfu_f_ehqb=hjqZdh\hklZ\be_c^h\hevghdjmigmxkmffm^_g_] wdhghfgh@xebhldjh\_gghmkf_ogmeZkvijbwlhf]ey^yijyfh\]eZaZdgyaxhgqlh`_wlh iheZ]Z_lqlhhgZ_^\ZhdZaZ\rbkv[_aijbkfhljZlhlqZkih[_`blihfh^bkldZfbx\_ebjguf �eZ\dZfqlh[uihkdhj__kimklblv\^jm]k\Zeb\r__kygZg__[h]Zlkl\h"Zbdq_fm_cgZjy^ub ^jZ]hp_gghklb_keb_c\dZdhclhfb]dZd[h`bc^_gvklZehykghqlhIZ\_ek^_eZ_l\k_\hafh`gh_ qlh[ukhojZgblvbo[jZd\lZcg_Zihlhfmbg_kh[bjZ_lky\u\h^blv__\k\_lGm^Z;h]kgbf jZa\_hgZdh]^Zlhklj_fbeZkvdlhfmqlh[u[ebklZlv\k\_lkdbo]hklbguobgZkeZ`^Zlvky \gbfZgb_fihdehggbdh\"Kg__^h\hevghblh]hqlh[ufm`__[uekg_xjy^hf DZ`^u_ljb^gyIjhohjhlijZ\eyeky\jZkiheh`_gb_ihedZgZ]Zmil\Zolmqlh[uhlg_klbdgyax kf_gm[_evybaZibkdmhl@xebIZ\_eg_ibkZe_c\hl\_lghgZkeh\Zog_baf_gghijhkbei_j_^Zlv qlh[uhgZgb\dh_fkemqZ_g_hlqZb\ZeZkvihlhfmdZddZ`^ucijh`bluc^_gvijb[eb`Z_lfb]bo \klj_qb \r\r\r K_j]_cEv\h\bqDhr_e_\ieZgbjh\Ze\_jgmlvky\klhebpm\gZqZe_^_dZ[jyghg_hleh`gu_^_eZ\ bf_gbbihlj_[h\Zeb_]hijbkmlkl\byb\j_amevlZl_hlt_a^\I_l_j[mj]ijbrehkvhleh`blvihqlb gZljbg_^_ebIj_`^_\k_]hg_h[oh^bfh[uehihaZ[hlblvkyhlhfqlh[u\uihegblvmkeh\by kh]eZr_gbykR_oh\kdbf\lhfqlhdZkZehkvijb^Zggh]h@xeb?kebgZIhebgm^Z\ghm`_ aZ]ey^u\Zebkvfheh^u_ex^blh@xebjZkp\_eZ[md\ZevghaZ]h^bk\Zlh\kl\hQ_lbobgZhdZaZehkv ^eyg_]hiheg_cr_cg_h`b^ZgghklvxZm`kh[ulbcqlhihke_^h\ZebaZgbfgbdlhg_fh][u ij_^m]Z^ZlvDZkZ_fhijb^Zgh]hK_j]_cagZelhevdhlhqlhihh[_sZemfbjZxs_fmhlpm\uihegblv _]h\hexb^Zlvba_]hkhklhygbyjZ\gh_ijb^Zgh_h[_bf^hq_jyfihwlhfmkjZamh]h\hjbek R_oh\kdbfqlhbo\ihiuoZokhklZ\e_gguc^h]h\hjgm`^Z_lky\mlhqg_gbyok_l_dmsb_^_eZ\ DmavfbgdZo\_emijZ\eyxsbcDhr_e_\uogh\^ZgghfkemqZ_K_j`mlj_[h\Zehkv\gbdgmlv\h\k_ kZfhfmJZa[bjZy[mfZ]bihdhcgh]hhlpZhggZldgmekygZ\_kvfZbgl_j_kgu_^hdmf_gluDZd hdZaZehkvihdhcgZy:ggZAZdj_\kdZydhlhjmxhgaZihfgbelbohcbjh[dhcbihlhfmkqblZe[_^ghc jh^kl\_ggbp_chlgx^v_xg_y\eyeZkv:gg_l_^bgkl\_ggZy^hqv]jZnZAZdj_\kdh]hdZdhdZaZehkv [ueZ\_kvfZkhklhyl_evghc^Zfhcb\eZ^_ebp_ch]jhfgh]hbf_gbyAZdj_\kdh_\IhelZ\kdhc ]m[_jgbbdhlhjh_ihke___kf_jlb\hlkmlkl\b_ijyfuoaZdhgguogZke_^gbdh\hlhrehddma_gm__ hlpZgug_rg_fm]jZnmZkbebx:g^j__\bqmAZdj_\kdhfmK_j]_cgbdZdg_fh]\aylv\lheddZd fh]ehkemqblvkylZdqlhhkbjhl_\rZy:ggmrdZ[h]ZlZygZke_^gbpZhdZaZeZkv\bok_fv_^Z_s_gZ �iheh`_gbb[_^ghcjh^kl\_ggbpu"ZhgZijboh^beZkv^Zevg_cjh^kl\_ggbp_c_]hfZl_jbEZjbk_ :nZgZkv_\g_ghg_m`_eb\k_`g_gZrehkvgbdZdhc^jm]hcjh^gbih`_eZ\r_c\aylvgZ\hkiblZgb_ kbjhldm"=^_\dhgp_dhgph\[uelhl`_Zkbebc:g^j__\bq"BaZhl\_lZfbgZ\k_wlb\hijhku fheh^hcDhr_e_\\ugm`^_g[uehlijZ\blvkydk\h_cfZlmrd_gug_fhgZobg_K\ylhLjhbpdh]h `_gkdh]hfhgZklujyk_klj_Emd_jv_ Ih_a^dZ\fhgZklujvaZgyeZmg_]hljb^gyM\b^_\kugZEZjbkZ:nZgZkv_\gZg_\udZaZeZhkh[hc jZ^hklbhl\klj_qbkgbfZmagZ\kdZdhcp_evxhgijb_oZegZ\_klblv__lZdb\h\k_ihgZqZem hldZau\ZeZkv]h\hjblvkgbfG_agZydZd_s_ih[m^blvfZlvdhldjh\_gghklbK_j`jZkkdZaZeh ihki_rghf\_gqZgbb@xebkdgya_fR_oh\kdbfhlhfq_f_cfh`_l]jhablvlZdh_aZfm`_kl\hbh gZc^_gguo^hdmf_glZogZbfy:gguAZdj_\kdhc EZjbkZ:nZgZkv_\gZkgZqZeZjZaju^ZeZkvghihlhfgZm^b\e_gb_[ukljh\ayeZk_[y\jmdbb fhgheh]fZl_jb K_j_`ZgZqZeZhgZlum`_kZf`_gZlihwlhfmihgbfZ_rvqlhy[ueZiehohc`_ghcl\h_fm hlpmY\k_]^Zohl_eZm^Zeblvkyhlfbjkdhc`bagbbihreZih^\_g_pkhEv\hf:e_dk__\bq_f lhevdhke_^my\he_k\hbojh^bl_e_cWlhh^gZdhg_ijbg_kehkqZklvygbfg_gbl\h_fmhlpm Ke_au\gh\v\uklmibebgZ]eZaZok_kljuEmd_jvbbK_j]_c^hklZ\badZjfZgZ[_ehkg_`gucieZlhd ijhlygme_]hfZl_jb Dh]^Zjh^bl_eb:g_qdbih]b[ebijh^he`beZhgZ[ueZ_s_`b\Z__[Z[mrdZihfZl_jbbhgZ aZ[jZeZ^_\hqdmdk_[_DZd_c`behkvkg_cy^Z`_ij_^klZ\blvg_fh]m[_^gZy`_gsbgZ]hjxyih ex[bfhc^hq_jbj_rbeZqlh\k_fm\bghx[ueZ__g_h[udgh\_ggZydjZkhlZbihlhfm^_j`ZeZ �\gmqdm\q_jghfl_e_ZlubkZf^he`_gihfgblvdZdhcdgZfijb_oZeZ:g_qdZDh]^Zljb]h^Z kimkly[Z[mrdZmf_jeZdjhf_f_gybZkbeby:g^j__\bqZdma_gZ__hlpZ^jm]bojh^kl\_ggbdh\m g__g_hklZehkvZkbev[uebkebrdhffheh^bdlhfm`_\lh\j_fy\h_\ZeklmjdZfbgZDZ\dZa_ LZd\hlb\urehqlh:ggZhdZaZeZkvmgZkWlZ[_^gZy^_\hqdZki_j\hc`_fbgmlukfhlj_eZgZ Ev\Z:e_dk__\bqZdZdgZ;h]Zgh[ueZkebrdhfjh[dZbgZim]ZgZ:ihlhfdh]^ZyaZf_lbeZk dZdhcg_`ghklvxl\hchl_phlghkblkydg_cbdZdhgZjZkp\_lZ_lhl_]h\gbfZgbylh\ufhebeZ_]h kh]eZkb_gZlhqlh[umclb\fhgZklujvYlZdohl_eZhk\h[h^blv_]hy\b^_eZqlhhgbfh]eb[ulv kqZkleb\u\f_kl_GmZ^Zevr_l_[_\k_ba\_klghhimklbeZhgZ]eZaZ K_j]_ckeh\gh\gh\vhqmlbeky\lhf^g_dh]^Zg_gZ\bklvd:gg_kh\_jr_gghaZlfbeZjZamfb_]h ihklmihdijb\_edklhevljZ]bq_kdbfihke_^kl\byfHkljh_kh`Ze_gb_k`Zehk_j^p_\_^vg_ \f_rZckyhglh]^Z_]hhl_pfh][u[ulvkqZkleb\klhcdhlhjmx^_ckl\bl_evghihex[be\k_f k_j^p_fHg\kihfgbedZdihke_ihohjhg:gguE_\:e_dk__\bqaZi_jky\k\h_fdZ[bg_l_Zhg ^he]hklhyeih^^\_jvxbg_j_rZekyihklmqZlvkemrZydZdwlhlkbevgucbm\_j_gguc\k_[_ q_eh\_dju^ZedZdj_[_ghdL_i_jvhgihgbfZeihq_fmhl_p^hkZfhckf_jlbk\h_clZdbg_ijhklbe _]h DZdih]b[ebjh^bl_eb:ggu"kijhkbehg\g_aZighhojbirbf]hehkhf Hwlh\hh[s_m`ZkgZybklhjby\koebigmeZEZjbkZ:nZgZkv_\gZ=jZnAZdj_\kdbchl_p:ggu [ue`mldhj_\gb\Z__fZlvXebyFboZceh\gZ[ueZhq_gvdjZkb\hc`_gsbghcbaZg_c\k_]^Z m\b\ZeZkvp_eZylheiZihdehggbdh\@xebdklZlbhq_gvihoh`ZgZk\hx[Z[dmkd\havke_au meu[gmeZkvhgZkugmH^gbfbaihdehggbdh\XebbFboZceh\gu[uedgyav;Zjylbgkdbc djZkZ\_p]_jhc\hcgukGZihe_hghfHge_]dhjZa[b\Ze`_gkdb_k_j^pZgh\wlhljZa_^\Zebg_ \i_j\u_\`bagb\klj_lbe^hklhcguchlihjH^gZdhdgyavlZdm\e_dky_xqlh[md\Zevghg_^Z\Ze ijhoh^mg_kqZklghc`_gsbg_ij_ke_^my__ih\kx^mZ]jZnkh\k_fihl_jye]heh\mhlj_\ghklbWlh bijb\_ehdljZ]bq_kdbfihke_^kl\byf �mwev"ihbgl_j_kh\ZekyK_j]_c EZjbkZ:nZgZkv_\gZhljbpZl_evghdZqgmeZ]heh\hc :o_keb[u=jZnAZdj_\kdbc\ihju\_j_\ghklbaZklj_ebe`_gmZihlhfaZklj_ebekykZfhklZ\b\ :ggmdhlhjhc\lmihjm[uehq_lujgZ^pZlve_ldjm]ehckbjhlhc =hkih^v\k_fh]msbci_j_dj_klbekyK_j` �Z\wlhck_fv_kljZklv\k_]^Zij_h[eZ^ZeZgZ^jZamfhfi_qZevghmeu[gmeZkvfZlvK_j`Z Ihlhfmijhrml_[yg_hklZ\vk_kljm_keb_cihgZ^h[blvkyihfhsvMg__\_^vgbdh]hg_ldjhf_ ihkdhevdmhgkkZfh]hgZqZeZkh[bjZeky^ZlvXe_k\h_bfyj_rbeg_fZjZlvbf_gb__fZl_jb ihkf_jlghbg_khh[sbe_fmh__jh`^_gbb �ZxZfkeh\hfZlmrdZkqm\kl\hfihh[_sZeDhr_e_\ ha\jZsZykv\DmavfbgdbK_j]_cfgh]h^mfZegZ^l_fjZkkdZaZeZ_fmfZlvG_\f_rZckyhglh]^Z :ggZklZeZ[uaZdhgghc`_ghcEv\Z:e_dk__\bqZ\hafh`ghmgbo[u_s_[ueb^_lbZ_keb[u jh^bekyfZevqbdlhhgklZe[uke_^mxsbf]jZnhfAZdj_\kdbfHkljh_qm\kl\h\bgug_^Z\Zeh ihdhyb^Z`_lhqlh_fmkZfhfmlh]^Z[ueh\k_]h^\_gZ^pZlve_lgbdZdg_kem`behhijZ\^Zgb_f ^Z`_\kh[kl\_gguo]eZaZokihfgbebkvke_aub]hjvdb_keh\ZfeZ^r_ck_kljuih^hjh]_\p_jdh\v dQ_lbobgmK_j`ly`_eh\a^hogmeLj_\h`gh[uehgZ^mr_?s_ijhsZykvk@xebgZdjuevp_ ^hfZR_oh\kdbo\BevbgkdhfhghsmsZekfmlgh_[_kihdhckl\haZ__km^v[mZgug_ihq_fmlh qm\kl\hwlhi_j_jhkeh\m\_j_gghklvqlh_c]jhablg_dZyg_\_^hfZyhiZkghklvHogZ^h[u ihki_rblvk\ha\jZs_gb_f\klhebpm^mfZehg GhdZdih\_ehkvbkihdhg\_dh\q_eh\_dij_^iheZ]Z_lZ=hkih^vjZkiheZ]Z_lIh\ha\jZs_gbb\ bf_gb_K_j`Z`^Zeb\_kvfZh]hjqbl_evgu_ba\_klbyaZ\j_fy_]hhlkmlkl\by\^_j_\g_ ijbgZ^e_`Zs_cDhr_e_\ufkemqbekyih`Zjbwlhkh[ulb_\gh\vhlkjhqbeh_]hhlt_a^K]hj_eh ^\_ba[ubihkqZkleb\hckemqZcghklbq_eh\_q_kdbo`_jl\wlhlih`Zjg_ijbg_kghijbrehkv j_rZlv\hijhkk`bev_fih]hj_evp_\hklZ\rbokydlhfm`_ihqlb\h^ghfbkih^g_fihkdhevdm g_kqZklb_kb_kemqbehkvihkj_^bghqb Ijhgbdrbkvqm`bf]hj_fDhr_e_\jZkihjy^bekyqlh[uihkljZ^Z\rbo^h\_kgujZaf_klbeb\h neb]_e_\]hkih^kdhcmkZ^v[_ihlhfmdZdg_q_]h[ueh^Z`_^mfZlvhgh\hfkljhbl_evkl\_gZabfm ]ey^ybhl^ZejZkihjy`_gb_mijZ\eyxs_fmijbh[j_klb^eyih]hj_evp_\\k_kZfh_g_h[oh^bfh_ ?s_h^gbg_ijbylgufkxjijbahfklZehibkvfhhldgyayR_oh\kdh]hK_j]_cij_^iheZ]Zeqlh GbdheZcFZl\__\bqg_hklZ\bl[_a\gbfZgby`_gblv[mkh[kl\_ggh]hgZke_^gbdZghgbdZdg_ h`b^ZeqlhhgihiulZ_lkyq_j_ag_]hjZaj_rblvkbxs_dhleb\mxkblmZpbxKdhev[uijhoeZ^guf gb[ueh_]hhlghr_gb_dfeZ^r_ck_klj_gh^Z`__]h\hafmlbeZpbgbqghklvk_]hihkeZgby R_oh\kdhcg_ijhkbehglj_[h\ZehlK_j`Zm^Zeblvk_kljmbaI_l_j[mj]ZKlhevdhaZ[hl k\ZebehkvgZg_]hlZd\g_aZighHleh`b\ibkvfhDhr_e_\mklZehhldbgmeky\dj_ke_JZa\_` fh`ghaZ[jZlv`_gmhlfm`Z"g_\_k_ehmkf_ogmekyhgK_j`ohlvaZqZklmxbijhba\h^be \i_qZle_gb_q_eh\_dZijhklh\Zlh]h[ue^Ze_dhg_]emib^bfhIZ\_eGbdheZ_\bq^hkboihjg_ kq_egm`gufihklZ\blvk\h_]hjh^bl_ey\ba\_klghklvhkqZkleb\hfbaf_g_gbb\k\h_fk_f_cghf iheh`_gbbBgZ\_jgydZmR_oh\kdh]hfeZ^r_]hbf_ebkvgZlhk\hbkm^yih\k_fm\_kvfZ\_kdb_ ijbqbguijbr_ehgdg_ml_rbl_evghfm\u\h^mHoihoh`_g_ajy_]h[_kihdhbeZ^Zevg_crZy km^v[Z@xebGhjZaIZ\_eg_hldjuehlpm\k_cijZ\^ubf_eebhgijZ\hk^_eZlvwlh[_alh]h qlh[ug_gZg_klbms_j[Zfheh^h`_gZf"Dhr_e_\gZ^he]hih]jmabeky\jZa^mfvyHklZ\blv[_a \gbfZgbyibkvfhGbdheZyFZl\__\bqZhgg_fh]ghbkqblZek_[yg_\ijZ\_gZibkZlvdZdh[klhyl ^_eZgZkZfhf^_e_Fuke_gghihijhkb\mfeZ^r_ck_kljuijhs_gbyK_j`ijbgyekyibkZlvhl\_l g_f_g__pbgbqgucihkh^_j`Zgbxq_fibkvfhkZfh]hdgyay Dhr_e_\gZibkZeqlhihgbfZyk\hxhl\_lkl\_gghklvaZk_kljm^Z`_ihke_lh]hdZd@xeb im[ebqghijbagZeZkv\lhfqlhkhklhbl\bglbfghck\yabkdgya_fR_oh\kdbfIZ\ehf GbdheZ_\bq_fhgohl_emkljhblv__km^v[ma^_kv\ijh\bgpbbghbf_gghIZ\_eGbdheZ_\bq hlgug_aZ[hlZkZfboR_oh\kdbob=hkih^Z;h]ZZgbdZdg__]hZihlhfmhgmfu\Z_ljmdbbijhkbl _]h[hevr_g_[_kihdhblvih^Zgghfmih\h^mHgg_bf__lgZf_j_gbyijb\hablvk_kljmba I_l_j[mj]Z\Dmavfbgdbohly[uihlhfmqlh^he`_gaZ[hlblvkyhj_imlZpbbk\hbo`_gubk_klju FZevqbrdZihkuevgucdhlhjh]hhlijZ\bebkg_klbibkvfh[ZjbgZgZihqlh\mxklZgpbx\_jgmekyk �ibkvfhfhlhddbk\h_fihkeZgbb`_gZK_j`Zih[hevr_cqZklb`Zeh\ZeZkvgZIhebgdhlhjZy ih__fg_gbxaZ^ZeZkvp_evxkimlZlv\k_ieZgu[jZlZ\lhfqlh[u\u^Zlv__aZfm`\wlhfk_ahg_ ihlhfmdZdgZ\k_ok\_lkdbojZmlZok\hafh`gufbij_l_g^_glZfbgZ__jmdmk_j^p_\_^_lk_[y[he__ q_foheh^ghbk^_j`Zghgbdh]hg_ihhsjyy\moZ`b\Zgbyobwlhg_kfhljygZlhqlhkj_^b fheh^uoex^_ch[jZlb\rbogZg__k\h_\gbfZgb__klvhq_gvbhq_gv^hklhcgu_ij_^klZ\bl_eb klhebqgh]h^\hjygkl\Z WlbkljhdbaZklZ\bebDhr_e_\ZaZ^mfZlvkylZdebm`e_]dhdZdm[_`^ZeZbohl_eZihdZaZlv_fm \hkijbgyeZIhebghldZaR_oh\kdh]hhlihfhe\db"G_`Ze__lebl_i_jvhlhfqlhkZfZk\hbfb &#xha;&#xfh;&#x`g;&#xh;
&#xZ;&#x`Z;&#xeh;&#x[Z;û�jmdZfbhl^ZeZex[bfh]hfeZ^r_ck_klj_"hafh`ghaZ`Zeh[Zfbhddbdjuehkvg_qlh[hevr__ q_fijhklh`_eZgb_jZkkhjblv[jZlZkk_kljhcGm\hlb_s_h^gZgZiZklv\a^hogmeK_j]_cb �ijh^he`beql_gb_Ze__\g_kdhevdbokeh\Zo?\^hdbygZibkZeZqlh=hkih^vmkeurZe__fhebl\u bde_lm\k_fv_Dhr_e_\uoklhblh`b^Zlvijb[Z\e_gbyi_j\u_aZihke_^gb_g_kdhevdh^g_cK_j` meu[gmekyBa\_klb_hlhfqlh\kdhjhklb_fmij_^klhblklZlvhlphfg_fh]ehg_jZ^h\Zlv_^vm` �[he__]h^Z`b\mlhgbkhddb\aZdhgghf[jZd_b\ihke_^g__\j_fyhg\k_qZs_aZ^mfu\ZekygZ^ l_fhlq_]h=hkih^vg_^Z_lbf^blyijbq_f^eyg_]hkh\_jr_gghg_\Z`gh[ueh[m^_leblh ^_\hqdZbebfZevqbdH^gZdhqblZy^Zevr_hg\gh\vgZofmjbeky`_gZibkZeZqlhij_[u\Zgb_\ I_l_j[mj]_gbdZdg_b^_lgZihevam__a^hjh\vxbhgZ`_eZeZ[u\_jgmlvky\DmavfbgdbdZdfh`gh kdhj__dlhfm`_h[yaZgghklvkhijh\h`^ZlvIhebg\jhebiZljhg_kku^eyg__\__iheh`_gbb \_kvfZh[j_f_gbl_evgZ �Zm`^_eZlj_[h\Zeb_]hg_f_^e_ggh]hijbkmlkl\by\klhebp_bDhr_e_\\_e_emiZdh\Zlv[Z]Z`b ijb]hlh\blvdih_a^d_ehrZ^_cbdjuluc\hahdj_rb\\u_oZlv\I_l_j[mj]aZ\ljZ`_gZmljh �GZ^hijbagZlvqlh\k\hbogZ[ex^_gbyoaZaheh\dhchddb[ueZg_lZdm`^Ze_dZhlbklbguIhke_ lhciZfylghc^eyg__\klj_qbkdgya_f=hjqZdh\ufIhebgZb\kZfhf^_e_\k_qZs_eh\beZk_[ygZ lhfqlh\ukfZljb\Z_l_]h\ukhdmxnb]mjm\_a^_]^_[uhgZgbgZoh^beZkvb]ghjbjmyijbwlhf hklZevguok\hboihdehggbdh\KgZqZeZhgZh[tykgyeZk_[_wlhl_fqlh__\hegh\ZeZkm^v[Z feZ^r_ck_kljughihlhf\ugm`^_gZ[ueZijbagZlvqlh`_eZgb_m\b^_lvkykFbr_e_f hij_^_eyehkvg_lhevdh[_kihdhckl\hfaZ@xebIhebg\k_qZs_^mfZeZh_]hkbyl_evkl\_dgya_ =hjqZdh\_Z_]hkeh\ZkdZaZggu__c\ihke_^gxxbo\klj_qm^Z\ZebgZ^_`^mgZlhqlhbhgg_ jZ\gh^mr_gdg_c �mfZybf_gghhg_fhgZqZkZfbijhkb`b\ZeZi_j_^a_jdZehfl_ji_eb\hh`b^Zydh]^Z=eZnbjZ aZdhgqblmdeZ^u\Zlvahehlbklu_ijy^b\aZfukeh\Zlmxijbq_kdm?cohl_ehkvijb\klj_q_kgbf \u]ey^_lvgZbemqrbfh[jZahfqlh[uhgg_h[jZsZe\gbfZgby[he__gbgZdh]hdjhf_kZfhc IhebgGhdh]hjq_gbxPDGHPRLVHOOHDhr_e_\hcFbr_ev\ihke_^g__\j_fy\k\_l_g_ihy\eyekyZ klh]hiZfylgh]h_c[ZeZfbgmehm`_[hevr_lj_og_^_ev wlhl\_q_jkh[bjZykvgZhq_j_^ghck\_lkdbcjZmlhgZ\^jm]\kihfgbeZ^Zggh_kZfhck_[_ h[_sZgb_ihemqblvhlij_^klhys_]hk_ahgZ\k_\hafh`gh_m^h\hevkl\b_g_\abjZygbgZqlh;jhkb\ aZ[hleb\ufbjmdZfb=eZnbju^eyk_]h^gyrg_]h\uoh^ZIhebgj_rbeZkv =eZrZm[_jb_]hfZogmeZhgZjmdhc\klhjhgm^h\hevghkdjhfgh]h[Zevgh]hlmZe_lZ G_m`lhjZa^mfZebIhebgZEv\h\gZ"m^b\e_ggh\kie_kgmeZjmdZfb=eZnbjZ �DZkZ_fh[ZeZg_lZ\hlieZlv_gZ^_gm^jm]h_hklZgvdZba]Zj^_jh[Zlh[bjxah\h_qlhfg_gZ ijhrehcg_^_e_ihrbebjZkihjy^beZkv^_\mrdZ\kihfbgZydZdh^gZ`^umklZ\hlgm^guo �gZklZ\e_gbchddbhijbebqguofZg_jZob^he`ghfih\_^_gbb\ibdm_cih^^ZeZkvgZm]h\hju ihjlgbobbkh]eZkbeZkvgZij_^eh`_ggucfh^bkldhclmZe_l Qlhb]h\hjblv^eyxghc^_\mrdbwlhieZlv_[ueh[he__q_fkf_eufG_h[uqZcghyjdbchll_ghd ieZlvyijb^Zek_jh]hem[uf]eZaZfIhebgm^b\bl_evgmx]em[bgmb\ujZabl_evghklv=em[hdh_ ^_dhevl_ebrvke_]dZijbdju\ZehlhgqZcr__njZgpmakdh_djm`_\hklhevijhajZqgh_qlh_]h gZebqb_ijZdlbq_kdbg_b]jZehgbdZdhcjhebDhjhldb_jmdZ\Zhldju\Zebbaysgu_jmdbbihdZlu_ ie_qbIhfh]Zy[Zjurg_h^_\Zlvky=eZrZaZlygmeZ__dhjk_lih[Zevghfmbl_i_jvlZebyIhebg \u]ey^_eZ\hkoblbl_evghlhgdhcH[eZqb\rbkv\[ZevguclmZe_l^_\mrdZdbgmeZgZk\h_ hljZ`_gb_\a_jdZe_ijb^bjqb\uc\a]ey^bkm^h\e_l\hj_gb_fhlf_lbeZqlh\u]ey^blkh\_jr_ggh �bgZq_q_fh[uqghIhdZhgZex[h\ZeZkvk\hbfhljZ`_gb_f\dhfgZlm[_aklmdZ\hreZhddbb aZklueZ\^\_jyokijbhldjulufjlhfGZdhg_pkijZ\b\rbkvkihljyk_gb_fhgZklZjZl_evgh ih^jZ`ZybglhgZpbyfmfm^j_gghchiulhffZljhguqlh\u]ey^_ehb]emihbkf_rghijhbag_keZ mdZau\ZyiZevqbdhfgZlhkZfh_lhgqZcr__djm`_\h YgZ^_xkvug_kh[bjZ_l_kv\wlhf\uoh^blvk_]h^gy" DZr_fmkh`Ze_gbxbebm`Zkmbf_gghwlhybkh[bjZxkvk^_eZlvoheh^ghmeu[gmeZkvkgho_ Ihebg:_kebug_h^h[jy_l_fh_]hlmZe_lZlhfh`_l_hklZ\Zlvky^hfZiheZ]ZxI_lj Kl_iZgh\bqb[_aZkhlebqghkijZ\blkykjhevx^mwgvb �hddb\hafms_gghnujdgmeZfuke_gghihh[_sZ\k_[_qlhg_ij_f_gghihklZ\bl\ba\_klghklv K_j`Zh\hafmlbl_evghfih\_^_gbb_]hk_kljubm^ZebeZkv[jhkb\gZihke_^hdqlhwdbiZ`m`_ ih^Zebdih^t_a^m Ihy\e_gb_Ihebg\[ZevghfaZe_ijhba\_ehbf_gghlhlwnn_dlgZdhlhjuchgZjZkkqblu\ZeZ �Zfu[jhkb\gZg__iZjmijbklZevguo\a]ey^h\kh[bjZebkviZjhqdZfbbi_j_r_ilu\Zebkv^jm]k ^jm]hfijbdju\Zykv\__jZfbfm`kdb_\a]ey^uijh\h`Zeb__kljhcgmxnb]mjmkg_kdju\Z_fuf \hkobs_gb_fG_ijhrehbihemqZkZdZdhgZhdZaZeZkvhdjm`_gZlheihcihdehggbdh\ghgZwlhl jZaIhebgZg_klZjZeZkv\u]ey^_lvg_ijbklmighcboheh^ghcHgZmeu[ZeZkv\hl\_lgZ dhfiebf_glukf_yeZkvm^ZqgufrmldZfZ__[ZevgZydZjlhqdZhdZaZeZkvaZiheg_gghc\f]gh\_gb_ hdZLhevdh\ZevkhgZhklZ\beZk\h[h^gufihij_`g_fmgZ^_ykvqlhfh`_l[ulvbf_gghk_]h^gy hgZ\k_`_m\b^bllh]hhdhfg_i_j_klZ\ZeZ^mfZlv\k_ihke_^g__\j_fy _q_j[ue\kZfhfjZa]Zj_bIhebgm`_kfbjbeZkvkl_fqlh\b^bfhbgZwlhljZa__gZ^_`^Zfg_ km`^_gh[uehk[ulvkyIjb]m[b\rZfiZgkdh_hgZiulZeZkv\gbfZl_evghkemrZlvk\h_]h kh[_k_^gbdZFheh^_gvdbcdZ\Ze_j]Zj^kfmsZykvbdjZkg_ydZd^_[xlZgldZ\k\hci_j\uc\uoh^\ k\_liulZekyijhq_klv_cklbohl\hj_gb_ImrdbgZ_]hg_k\yaghfe_i_l_aZ]emrZ_fhfrmfhf [ZeZ^_\mrdZkljm^hfjZah[jZeZebrvqlhlhijhqm^gh_f]gh\_gb_bfbfhe_lgh_\b^_gb_ ih^gyeZgZg_]h]eZaZmeu[gmeZkvbm\b^_eZFbr_ey =hjqZdh\g_kh[bjZekygZk_]h^gyrgbc\_q_jghgZdZgmg_ihemqbeaZibkdmhlk\h_c\lhjhck_klju h^gZdhdh]^ZHev]Zih^hreZkgbfddgy`g_H[he_gkdhckdhlhjhcmobljbeZkvihagZdhfblv_]hgZ h^ghfba[Zeh\DZlbrg_gZrmldm\klj_\h`bekyihoh`__]h^hjh]b_k_kljbqdbdhlhju_m`_ ^Z\ghklZjZebkv_]h`_gblvijbrebdkh]eZkbx\\hijhk_hlhfdh]hohl_eb[u\b^_lv_]h kmijm]hcHkuiZ\^Zfdhfiebf_glZfbFboZbe:e_dk__\bqeh\dhm\_jgmekyhlg_h[oh^bfhklb ijb]eZrZlvdgy`gmgZlZg_pbk[_`Ze\b]jh\mxIjh\_^yaZdZjlhqgufklhehfihqlb^\ZqZkZhg \ur_eba^mrgh]hihf_s_gbyb]jh\hcbgZijZ\bekyd\uoh^mgZl_jjZkmihimlbijb\_lkl\my agZdhfuobj_rb\qlhm`_\iheg_^hklZlhqghijylZekyhlk_kljub__ijhl_`_AZwlh\j_fyhgb gZ\_jgydZgZrebk_[_ih^oh^ysmxdhfiZgbxbgbdZdZyhiZkghklvkboklhjhgu_fmg_]jhabl a]ey^_]hjZkk_ygghkdhevabeihi_kljhfmk[hjbsm]hkl_cihdZg_hklZgh\bekygZij_e_klghc iZj_lboh[_k_^mxs_cg_fgh]h\klhjhg_hl\k_oxghfdZ\Ze_j]Zj^_\hke_ibl_evgh[_ehf fmg^bj_bkljhcghc[ehg^bgd_\[bjxah\hfieZlv_Ih`Zemcbf_gghwlh[eZ]hjh^g_cr__ khq_lZgb_p\_lh\bijb\e_dehbagZqZevgh_]h\a]ey^ihlhf_]hq_flhhqZjh\ZeZkdehg_ggZy ]heh\dZ^Zfu\gbfZl_evghkemrZ\r_ck\h_]hYLVjYLVghlml^ZfZih^gyeZ]heh\dmbmeu[gmeZkvb hglml`_magZe__klj_lb\rbkvkgbf\a]ey^hf[ehg^bgdZ\kiuogmeZyjdbfjmfygp_fghlhlqZk hl\_eZ]eZaZke_]dZdb\gm\]heh\hc K_j^p_ijhimklbehm^ZjgZf]gh\_gb_keh\ghijh\Zeb\rbkv\keZ^dmx[_a^gmFbr_evm`_[ueh k^_eZerZ]\klhjhgmaZklu\r_ciZjughlml`_aZf_j\kihfgb\hkemqb\r_fky\_q_jhf\^_gv Zj_klZR_oh\kdh]h;h]fhcdZdZy`_hgkdhlbgZ_kebkgZqZeZp_em_lh^gmk_kljmdlhfm`_`_gm emqr_]h^jm]ZZkimkly^\Z^gym`^mfZ_lh^jm]hcHg^Z`_ijZ\Zg_bf__lih^oh^blvdIhebggh dZd`_ljm^ghm^_j`Zlvkyhlkh[eZagZIjb\hkihfbgZgbbh@xebkdmeuhdjZkbeyjdbcjmfyg_p klu^Z=hjqZdh\bkZfg_fh]h[tykgblvk_[_aZq_flh]^Zihp_eh\Ze__Kh\k_fbgh_hghsmsZeih hlghr_gbxkIhebghgZdZaZehkv_fmg_ihjhqgufZg]_ehfkms_kl\hfg_baiehlbbdjh\bZg_dbf g_a_fgufkha^Zgb_fddhlhjhfm]j_rghbkiulu\Zlvl_`_eZgbyqlhlZdg_qZyggh\ua\ZeZ\g_f__ k_kljZHl\_jgm\rbkv=hjqZdh\j_rbl_evghijh^he`bek\hcimlvgZl_jjZkmZih^hc^yd fjZfhjghc[ZexkljZ^_hi_jkygZg__h[_bfbjmdZfbbijbdjue]eZaZB^bhljm]gmekyhgijh k_[yKZf\k_bkihjlbe IhebgZijh\h^beZ]eZaZfb=hjqZdh\ZGZkljh_gb_\jZabkihjlbehkvHgZlZdgZ^_yeZkvgZ\klj_qmk gbfZhghgebrvkdhevagmeihg_c\a]ey^hfbkmohdb\gme\hl\_lgZ__ijb\_lkl\b_Fh`_lb\ kZfhf^_e__cebrvihqm^behkvqlhlh\lhl\_q_jdh]^ZhgZlZgp_\ZeZ\Zevk\_]hh[tylvyo" AZoehigm\\__jklZdbflj_kdhfqlhklhy\rbcjy^hfkg_cdZ\Ze_j]Zj^^Z`_\a^jh]gmehlj_adhklb __^\b`_gbyhgZihki_rghba\bgbeZkvi_j_^k\hbfkh[_k_^gbdhfbf_^e_ggh^\bgmeZkvihaZem HklZgh\b\rbkvhdheh\uoh^ZgZl_jjZkm^_\mrdZ]em[hdh\a^hogmeZh]ey^_eZkvbmemqb\fhf_gl dh]^ZdZd_cihdZaZehkvgbdlhg_h[jZsZegZg__\gbfZgbykdhevagmeZ\jZkiZogmlh_njZgpmakdh_ hdgh LZd[hevr_g_fh`_lijh^he`Zlvkyih^[Z^jb\ZeZhgZk_[y_cijhklhg_h[oh^bfhagZlv\q_f ijbqbgZ_]h\g_aZighcoheh^ghklb G_h[hjZqb\ZykvFboZbek_j^p_fm]Z^Zeqvbe_]db_rZ]bhgkeurblaZk\h_ckibghcKlbkgm\ am[uhgm^_j`Zekyhllh]hqlh[uh[_jgmlvkyImklvhgZmc^_lj_rbehghgg_]hlh\\_klbkg_c k\_lkdb_[_k_^uohly\jy^ebhgZijbreZ[ukx^ZaZgbf^eylh]hqlh[uih[helZlvhfbeuo imklydZoIhebg\a^hogmeZihgy\qlh=hjqZdh\hlgx^vg_kh[bjZ_lkyh[e_]qZlv__aZ^Zqmb FboZbe:e_dk__\bqg_]jhfdhiha\ZeZhgZih^oh^ydg_fm =hjqZdh\g_ohlyjZa\_jgmeky IhebgZEv\h\gZke_]dZgZdehgbehg]heh\mq_fmh[yaZg" uba[_]Z_l_f_gy"kbebeZkvhgZmeu[gmlvky :uklZeh[ulvf_gyij_ke_^m_l_"\ukhdhf_jghmkf_ogmekyFbr_evjZkkqblu\ZywlhcnjZahc \u\_klb__bak_[ybaZklZ\blvm^Zeblvky_kvfZg_hkfhljbl_evghkZr_cklhjhguDklZlbu \u[jZebg_kZfh_m^Zqgh_f_klh^ey[_k_^ukm^Zjugyg_m`lhZfg_]h\hjbebqlhg_aZfm`g_c ^_\mrd_g_klhblgZoh^blvkygZ_^bg_kfm`qbghc"Qlh[m^_l_kebdlhgb[m^vj_rblhk\_`blvkyb aZklZg_lZka^_kvbkdexqbl_evgh\fh_fh[s_kl\_"Zkg_kljZrblihl_jyj_imlZpbb" Y\k_]hebrvohl_eZkijhkblvZkh@xebK_j`_s_g_\_jgmekyfh`_l[ulvZfqlhgb[m^v ba\_klghhlhfq_faZ\_jrbehkv^_eh" IjbmihfbgZgbbbf_gbXebFboZbeiehlghk`Ze]m[u Yi_j_^ZeIZ\emGbdheZ_\bqmZrmijhkv[mIhebgZEv\h\gZWlh\k_qlhyfh]mkdZaZlvZf ihdZ Ghih_oZeebR_oh\kdhcaZg_c"lbohkijhkbeZIhebgZm^b\e_ggZy_]h\jZ`^_[gufgZkljh_f �ZkdZdhclhg_ihgylghcaehklvxdhjhldhhl\_lbeFboZbe IhebgZ\u^hogmeZkh[e_]q_gb_f ?kebwlh\k_Zfemqr_mclbkm^ZjugyaZf_lbe=hjqZdh\ JZamf__lky\_^vZklZd[_kihdhblfhyj_imlZpbyg_m^_j`ZeZkvhlkZjdZafZIhebgZG_lhg_ jh\_gqZkZfijb^_lky\iheghcf_j_ijhy\blv[eZ]hjh^kl\hgZlmju^Z[ukiZklbfh_^h[jh_bfy �ya\bl_evghmeu[gmeZkvhgZghjZa\_jgm\rbkvaZklueZdZdba\Zygb_\_iZju]eZakfhlj_ebgZ gbok=hjqZdh\uf=hem[u_]eZaZEmdhfkdh]hkg_kdju\Z_fufm^b\e_gb_fZl_fgu_]eZaZohaybgZ hkh[gydZkg_dhcaZlZ_gghcmkf_rdhc GmbgmFboZbe:e_dk__\bqmkf_ogmekyya_fkdbcH^gZdhdZdwlhum]h^beb\eh\mrdm ^j_\gxxdZdfbj" ;h`_Yg_bf_eZgZf_j_gbyihdjZkg_\ih\_jgmeZkvdFboZbemIhebgZ G_m`_ebkm^Zjugy"ijh^he`be\k_klhc`_bjhgb_cya_fkdbcG_ihlhfmebI_lj Kl_iZgh\bqh[_kihdh_ggucZrbfhlkmlkl\b_fbkeh\Zfbg_dhchkh[uihbf_gbHev]ZkjZam ihki_rbekx^Z^Z_s_khfghx" =hjqZdh\i_j_\_e\a]ey^gZIhebgm b^bfhfg_\k_`_ijb^_lkyijhy\blv[eZ]hjh^kl\hfh_cgZlmjumkf_ogmekyhgGh^mfZx gZf\k_`_emqr_^h`^Zlvkyijb_a^ZZr_]h[jZlZkm^Zjugyij_`^_q_fh[ty\blv\h \k_mkeurZgb_hklhevkqZkleb\hfkh[ulbbI_ljKl_iZgh\bqy[_jmZk\k\b^_l_eb^Zggh]h h[_sZgbyh[jZlbekyhgdEmdhfkdhfm:l_i_jv]hkih^Zijhrmf_gyba\bgblv Fbr_evklj_fbl_evghihdbgmel_jjZkmg_ijbylghihjZ`_gguck^_eZggufhldjulb_fGmdZdh\Z :hglh^mjZdkqblZe__h[jZaphfqbklhlub^h[jh^_l_eb:I_ljg_m`lh\k]h\hj_kg_c" IhebgZjZkkljh_ggh\a]eygmeZgZya_fkdh]h Y^_ckl\bl_evghg_bf_eZlZdh]hgZf_j_gby_^\Zg_ieZqZijh[hjfhlZeZhgZ Dhg_qghg_bf_ebfy]dhmeu[gmekyya_fkdbcAZwlhu^he`gu[ulv[eZ]h^ZjgulhckZfhc Hev]_ghimklvwlhhklZg_lkyf_`^mgZfbih^fb]gmehgEmdhfkdhfm JZamf__lkyhl\_lbeohaybg^hfZAZlhFboZbe:e_dk__\bqij_djZkghagZ_lkbx^Zfm Hev]Zijh\h^beZ]eZaZfbfeZ^r_]h[jZlZdhlhjuclZdlhjhibekymclbqlh^Z`_ij_g_[j_]\k_fb ijZ\beZfbijbebqbcbg_ihklZ\be__\ba\_klghklvhk\h_fgZf_j_gbbbl_i_jv_cij_^klhyeh kZfhcdZdlh^h[bjZlvky^hfhcihke_[ZeZGmqlh`\b^bfh__fZe_gvdZyf_klvm^ZeZkvgZkeZ\m ihlhfmdZdfeZ^rbc[jZl_py\ghij_[u\Ze\kZfhf^mjghfjZkiheh`_gbb^moZGhFbr_evlh`_ ohjhrhgklhev^_fhgkljZlb\ghb]ghjbjh\Ze__kZfmbbokDZlbrijhl_`_xgmxdgy`gm H[he_gkdmxqlhHev]ZijbreZ\kh\_jr_ggh_g_]h^h\Zgb_baaZ_]hg_kghkgh]hih\_^_gbyDh]^Z `_FboZbe\k_`_ba\hebe\uclbbab]jh\hcdm^Zg_aZfm`gbf^_\bpZf\oh^[ue\hkij_szghgb g_ih^mfZeih^hclbdg_cHeyj_rbl_evghgZijZ\beZkvdg_fmgh[jZl\^jm]hklZgh\bekyihkj_^b aZeZk\hklhj]hf]ey^ygZPDGHPRLVHOOHDhr_e_\mdhlhjZy\gug_rg_fk_ahg_ihevah\ZeZkv\iheg_ aZkem`_gghcihimeyjghklvxb\gbfZgb_fZihlhf_^\Zebg_ih[_`ZegZl_jjZkmDh]^Z`_bkZfZ xgZyhkh[Zy\ghie_gb\rZy\hh[jZ`_gb___feZ^r_]h[jZlZhabjZykvihklhjhgZfkdhevagmeZlm^Z `_\ke_^aZFboZbehf\mf_He_gvdbf]gh\_gghkeh`beky\_kvfZdh\ZjgucieZgG_^he]h^mfZy Hev]ZjZaukdZeZdgyayya_fkdh]hkdhlhjuf__kZfmb__kmijm]Zk\yau\Zeb\_kvfZl_kgu_mau ^jm`[ubih\_^ZeZlhfmhaZ^mfZgghcZn_j_mfheyy:gZlheyihlhjhiblvkyihlhfmdZd]hem[db \iheg_fh]mlij_j\Zlvk\hckdZg^ZevgucWrWHjWrWH:gZlhevlhevdhih^fb]gmeih^o\Zlbeih^jmdm Emdhfkdh]hbgZijZ\bekygZl_jjZkmB\k_lZdbyml_jeZghkDZlbrih[_^ghmeu[gmeZkvHev]Z _^vbf_ggh_cm^Zehkvk^_eZlvlhq_]h__klZjrZyk_kljZ[_amki_rgh^h[b\ZeZkvgZijhly`_gbb ihke_^gbo^\moe_l ha\jZsZykv^hfhcIhebgZg_agZeZlhebjZ^h\Zlvky_clhebh]hjqZlvkyKm^yih\k_fmdgyav =hjqZdh\\h\k_g_]hj_e`_eZgb_f^_eZlv_cij_^eh`_gb_bhlh[_sZgby\uj\Zggh]hmg_]hklhev dh\Zjgufkihkh[hfy\gh[ueg_\\hklhj]_ =eZ\Z GZke_^mxs__mljh_]hkbyl_evkl\hdgyav=hjqZdh\ijhkgmekyiha`_h[uqgh]hb^_jgm\khg_ldm \_e_edZf_j^bg_jmijb]hlh\blvh^_`^md\uoh^mZg_^hfZrgxxGhqvxmg_]h[ueh ij_^hklZlhqgh\j_f_gbih^mfZlvgZ^l_fqlh`_\^_ckl\bl_evghklbijhbahrehgZl_fghcl_jjZk_ hkh[gydZdgyayya_fkdh]hq_jZhgkgZqZeZ[ue\a\hegh\Zgg_`^Zgghc\klj_q_ckIhebghcZ ihlhf\a[_r_gh^bhaghklvxkblmZpbbdZd`__]hdgyay=hjqZdh\Zijbgm^beb^_eZlv ij_^eh`_gb_bihlhfmg_h[jZlbe^he`gh]h\gbfZgbygZkeh\Z:gZlheyLhevdhfgh]hiha`_m`_ ^hfZ\ulygm\rbkv\h\_kvjhklgZrbjhq_gghcihkl_ebFbr_evjZaaZjZahf\kihfbgZykeh\Z ya_fkdh]hhg_dhchkh[_ihbf_gbHev]Zm`_meu[ZekyZg_bkoh^beaeh[hcB_keb\q_jZ_fm ohl_ehkvdh]hgb[m^vijb^mrblvlhgugq_jZkp_eh\Zlvk_kljm\h[_s_dbGmHe_gvdZgm k_kljbqdZgmm^jm`beZ KjZamihke_aZ\ljZdZFbr_evhlijZ\bekygZNhglZgdm]^_[uejZkiheh`_g^hf]jZnZQ_jgur_\Z kmijm]Z_]h\lhjhck_kljuIh^hjh]_dQ_jgur_\ufFboZbek^_eZe^h\hevgh[hevrhcdjxdb aZ_oZegZKZ^h\mxdWce_jkm]^_ijbh[j_e^\Zjhkdhrguo[md_lZH^bghgkh[bjZekyij_ih^g_klb k_klj_\agZdlh]hqlhg_k_j^blkygZg__aZ\q_jZrgxxZ\ZglxjmZdh\lhjhfmijbeh`be g_[hevrhcdhg\_jlkdhjhldhcaZibkdhc^eyIhebgbihijhkbe^hklZ\blv_]hgZ?dZl_jbg]hnkdmx ]^_kgbfZeZiZjlZf_gluDhr_e_\ ?^\ZlhevdhHev]_^heh`bebh\babl_j_hgZlhlqZkihgyeZihdZdhfmih\h^m__h[h`Z_fuc ebphijb\_leb\mxmeu[dmbihki_rbeZkimklblvky\kZehgHe_gvdZ\hlebqb_hlFbr_eybDZlbr hlebqZ\rboky\ukhdbfjhklhf[ueZfbgbZlxjghc[ehg^bgdhcijZdlbq_kdblhqghcdhib_cbojZgh mr_^r_cba`bagbfZf_gvdbb\k\hbljb^pZlv^\Z]h^Z\u]ey^_eZxghc^_\mrdhc=jZnk\hx`_gm h[h`Zeohlyhgb[ueb`_gZlum`_[he__^_kylbe_lbmgboih^jZklZeb^\h_g_m]hfhgguo hlijukdh\ie_fyggbdh\FboZbeZK_fvyQ_jgur_\uo[ueZkqZkleb\ufbkdexq_gb_fbah[s_]h jy^ZZjbklhdjZlbq_kdbok_f_ckl\klhebpuKmijm]bg_kdju\Zebk\h_]hg_`gh]hhlghr_gby^jm]d ^jm]mlZcg_Fbr_ev^Z`_aZ\b^h\Ze:e_dkZg^jmk\h_fmaylxf_qlZyqlhdh]^Zgb[m^vbhglh`_ \klj_lbllmqlhklZg_l^eyg_]h`_ghcih^jm]hcex[h\gbp_c\k_fl_fd_f[ueZHev]Z^ey k\h_]hkmijm]Z Ijb]hlh\b\rbkvdmij_dZfbh[\bg_gbyfHev]ZjZkiZogmeZ^\_jb\kZehgbm]h^beZ\h[tylby [jZlZFbr_evjZkp_eh\Ze__\h[_s_dbb\jmqbejhkdhrguc[md_l__ex[bfuol_fghdjZkguojha He_gvdZ^mrZfhymeu[gmekyFbr_evyy\bekygugq_hl\k_]hk_j^pZih[eZ]h^Zjblvl_[yaZ hdZaZggmxmkem]m Ylh^mfZeZlu[m^_rvf_gyhlqblu\Zlvk\b^bfufh[e_]q_gb_fjZkkf_yeZkv\hl\_lHev]Z agZx\_^vqlhlu[_kbrvkydh]^ZfukDZlbr\f_rb\Z_fky\l\hb^_eZ �AZlhqlhluijbeh`beZ\k_mkbebyqlh[umkljhblvfh_kqZklv_"mkf_ogmekyFbr_evZlu \_jghm]Z^ZeZfhbqm\kl\Zy\ex[e_g\PDGHPRLVHOOHDhr_e_\mdq_fml_i_jvkdju\Zlvhq_\b^gh_ ghkZf\jy^eb[ulZdkdhjhj_rbeky:lZdhlijZ\b\gZl_jjZkmya_fkdh]hlug_^ZeZfg_gb \j_f_gbgZ[_kihe_agu_dZdyk_cqZkihgbfZxjZa^mfvygb\hafh`ghklbi_j_^mfZlv Ghq_]hgbdZdg_h`b^ZeFbr_evlZdwlhl_ZljZevgh]hihy\e_gbyDZlbr^\_jb\fZeuckZehg jZkiZogmebkvb]jZnbgy;ZjZgph\Z\_ebq_kl\_ggh\ieueZ\dhfgZlm FboZbe:e_dk__\bqihljm^bl_kvh[tykgblvqlhijhbkoh^bl"Mljhff_gyihk_lbebk\bablhf dgy]bgyH[he_gkdZyk^hq_jvxFg_\_kvfZkljZggh[uehmkeurZlvhZr_cfbehklb\uc]hkm^Zjv ihfhe\d_g_hlqe_gh\k_fvbZhlex^_c\h[s_flhihklhjhggbo Fbr_evmeu[gmeky GmHev]Z:e_dkk_\gZuwlmihfhe\dmmkljhbebZfbjZkkdZau\Zlv Ihke_lh]hdZdHev]Zih\_^ZeZbamfe_gghcDZlbrhlhfqlhijhbahrehgZ\_q_j_mya_fkdbo k_klju_s_^he]hij_^Z\ZeZkv\hkihfbgZgbyfh\k_omobsj_gbyofeZ^r_]h[jZlZdhlhjuc[ue \_kvfZbah[j_lZl_e_g\k\h_fklj_fe_gbbg_iha\heblvk\hbffbeufjh^kl\_ggbpZfgZ\yaZlv_fm bohq_j_^gmxijhl_`_FboZbebamfe_gghkemrZebormleb\mxi_j_iZedmlhb^_ehihdZqb\Zy ]heh\hcg_m`_eb_]hdZd_fmdZaZehkvhklhjh`gu_fZg_\jug_khklZ\eyebk_dj_lZ^eyHev]bb DZl_jbgu"a^hogm\=hjqZdh\ij_j\Zebofbemx[_k_^mb\_jgmekyd^_eZfgZkmsguf Y_s_g_bf_e\hafh`ghklbihijhkblvjmdbIhebguEv\h\gum__[jZlZghgZ^_xkvwlhk^_eZlv\ kZfh_[eb`Zcr__\j_fyGZkdhevdhfg_ba\_klghK_j]_cEv\h\bqgZoh^blkygZimlb\klhebpmH ihfhe\d_fg_[uohl_ehkvh[ty\blvdZdfh`ghkdhj__qlh[ug_jZa^m\ZlvkdZg^ZeZihlhfmy ijhrm\Zkihfhqvfg_ Ihke_Jh`^_kl\Zfukkmijm]hf^Z_f[ZeaZ^mfqb\hhlha\ZeZkvHev]Zfuke_ggh\ghky baf_g_gby\f_gxbijbdb^u\Zydhfm_s_g_h[oh^bfhkjhqghhlijZ\blvijb]eZr_gbyj_f_gb [uehij_^hklZlhqghbHev]Zg_khfg_\ZeZkvqlhmki__ldaZ^mfZgghfmkjhdmIhlhfmy^mfZx fh`gh[ueh[uh[ty\blvhihfhe\d_mgZk hj]ZgbaZpbx[ZeZIhebgk[vxsbfkyk_j^p_f\kdjueZdhg\_jl\eh`_gguc\lhevdhqlh ^hklZ\e_gguchldgyay=hjqZdh\Z[md_lIhebgZEv\h\gZiha\hevl_fg_\f_kl_kwlbfbp\_lZfb ijbg_klbZfk\hbba\bg_gbyaZfhbg_e_iu_ih^haj_gbyIhdhjg_cr_ijhrmijhklblvf_gyb gZ^_xkvgZZr_kgbkoh`^_gb_b^h[jhlmKfukeyfbhZkkg_l_ji_gb_f[m^m`^Zlv\ha\jZs_gby K_j]_yEv\h\bqZqlh[uijhkblvmg_]hZr_cjmdbih\k_fijZ\beZfZrFKqZkleb\h meu[Zykvbg_\uimkdZybajmdibkvfZFbr_eyIhebgZaZdjm`beZkvihdhfgZl_ AZ^_gv^hJh`^_kl\Z^_gsbdR_oh\kdh]hijbg_kg_[hevrmx_ev hl[ZjurgygZkbemgZr_emeu[gmekyhgmklZgZ\eb\Zy_edm\]hklbghc KiZkb[hg_k^_j`ZeZhl\_lghcmeu[db@xeb kihfgbehkv^_lkl\hJh`^_kl\h\DmavfbgdZodh]^Z[ue_s_`b\hl_pIjhc^y\]Zj^_jh[gmx @xebgZreZdhjh[dm\dhlhjhcmg__ojZgbebkve_glubdjm`_\ZDh]^ZlhhgZ\f_kl_kIhebgb EZjbkhc:nZgZkv_\ghcfZkl_jbebb]jmrdb^ey_edbbajZaghp\_lguoehkdmldh\b[mfZ]bK aZ^mfqb\hcmeu[dhchgZijbgyeZkvmdjZrZlv_edmih]jmab\rbkv\^_lkdb_\hkihfbgZgbyHgZlZd m\e_deZkvqlhg_mkeurZeZgbg_l_ji_eb\h]hklmdZ\h\oh^gmx^\_jvgbrZ]h\aZk\h_ckibghcb lhevdhdh]^Zkbevgu_jmdbkhfdgmebkvmg__gZlZebbhgZbkim]ZghhogmeZhlg_h`b^Zgghklbgh ihgy\dlhh[gbfZ_l__lZddj_idhjZa\_jgmeZkv\dhevp__]hjmdb\kdbgm\jmdb_fmgZr_x ijbgbdeZ\k_fl_ehfdkmijm]m Lu\_jgmekygZdhg_plh\_jgmekyr_ilZeZhgZkfhj]gm\kqZkleb\u_ke_auqlhlZdg_`^Zggh gZ\_jgmebkvgZ]eZaZ Gmiheghr_ilZehg\hl\_ldZkZykv[ukljufbihp_emyfbih^gylh]hdg_fmebpZY^mfZelu fg_jZ^Z[m^_rvZlu\hgke_aZfbaZeb\Z_rvkyihiulZekyihrmlblvhggh]hehk^jh]gme \u^Z\Zy_]h\heg_gb_ YlZd[hyeZkvqlhlug_\_jg_rvky\^jm]\uj\Zehkvmg__\u^Z\\k___lZcgu_kljZob Hlq_]hl_[_fukeblZdb_\]heh\mijbreb"g_^hmf_gghkijhkbeIhevhlkljZgb\__hlk_[yb \gbfZl_evgh\]ey^u\Zykv\__ebph Ghhgb[_akeh\^h]Z^Zekyhq_fhgZ^mfZeZ\k_wlh\j_fyGZ\_jgydZFbr_evjZkkdZaZe_chlhc keh`ghckblmZpbb\dhlhjhchghdZaZekyJZ^hklv\klj_qbg_kdhevdhihf_jdeZG_gZ^h[ueh lZblvkyhlg__k^hkZ^hc^mfZeR_oh\kdhcebohjZ^hqghiulZykvgZclbbg_gZoh^ykeh\^ey h[tykg_gby@xebg_f_g__\gbfZl_evgh\]ey^u\ZeZkv\_]hebph\h`b^Zgbb_]hkeh\ghhg ijhfheqZebwlbffheqZgb_flhevdhih^l\_j^be__gZbom^rb_hiZk_gby :og_kemrZcf_gy=emihklbijhklh]emihklbg_m\_j_gghmeu[gmeZkvhgZL_[ylZd^he]hg_ [uehbylZdkdmqZeZijyqZebphmg_]hgZ]jm^bijhr_ilZeZ@xeb H[gbfZy`_gmIhevdhkgmeky]m[Zfbdm^jy\hcfZdmrdb?]hfZe_gvdZy`_gZih^mfZehgblZd l_iehklZehgZk_j^p_hlwlhcfukeb^hogm\lhgdbcZjhfZlnbZedbbkoh^ysbchl__\hehkdgyav klbkgmeojmidb_ie_qb@xebqmlvihfhjsbeZkvghg_hlkljZgbeZkvqm\kl\mydZdih^s_dhc kbevghbqZklh[v_lky_]hk_j^p_:jmdbIZ\eZm\_j_gghkdhevagmebih__kibg_ijb`bfZy__d gZijy`_gghfmfm`kdhfml_em?]h]m[uijb`Zebkvd__]m[Zfl_jaZybog_bklh\ufihp_em_f B^_f\u^hogmehg_cgZmohm\e_dZy`_gm\[eb`ZcrmxkiZevgx DZdfh`gh"Kj_^v[_eZ^gy"aZj^_eZkvklu^eb\ufjmfygp_f@xeb IZ\_elhevdhlbohgvdhjZkkf_yeky\hl\_lih^o\ZlbegZjmdbaZkfmsZ\rmxky`_gmbhldju\gh]hc G_hl\h^y]hjys_]h\a]ey^ZhlieZf_g_xs_]hyjdbfjmfygp_febpZk\h_cxghckmijm]b R_oh\kdhckdbgmefmg^bjbijb[ebabekyddjh\ZlbKdehgb\rbkvd@xebbke_]dZijbdmkb\fhqdm __moZhg\djZ^qb\hijhr_ilZe Km^Zjugyg_aZklZ\eycl_f_gyl_jylv]heh\mhlg_l_ji_gbyb[h_s_fbgmlZbujbkdm_l_ ebrblvkywlh]hqm^_kgh]hieZlvyqlhlZddebpmZf �ebggu_iZevpue_]dhijh[_`Zebihjy^mdjhohlguodjxqdh\[ukljhbeh\dhjZkkl_]b\ZyieZlv_ g_l_ji_eb\uf^\b`_gb_flhlqZkklZsbeb_]hkie_qh[gZ`b\lhgdb_dexqbpubbaysgmxkibgm Bagu\Zyhllhkdb\dZa_fZl_]Zmil\ZoluIj_h[jZ`_gkdh]hihedZhgi_j_qblu\ZeibkvfZ@xebb lZdqZklhij_^klZ\eyek_[_dZd[m^_leZkdZlvg_`gh_l_ehp_eh\Zlvfy]db_ih^Zleb\u_]m[u ]eZ^blv[ZjoZlbklmxdh`m__ie_qqlhihemqb\gZdhg_p`_eZ_fh_g_fh][hevr_k^_j`b\Zlvk_[y Kimkly^\ZqZkZ@xebklZjykvg_rmf_lv\u[jZeZkvbakfylhcihkl_ebbaih^jmdbkiys_]h kmijm]ZbaZ[hleb\hgZlygm\h^_yehgZ_]hh[gZ`_ggu_ie_qbe_]dhdhkgmeZkvke_]dZdhexq_c s_dbluevghcklhjhghceZ^hgbDZ`^ZyfurpZgueZihke_^he]bog_bklh\uoeZkdgh_c[ueZ ijbylgZbwlZmklZehklvbwlZjZaeb\rZykyih\k_fml_embklhfZk\b^_l_evgbpZi_j_`bluo f]gh\_gbckljZklbGZdbgm\gZk_[y_]h[ZjoZlgucoZeZlXe_gvdZdZd[ueZ[hkZyihki_rbeZd k_[_ihimlbdebdgm\LZkx Dm`bgmIZ\_e\ur_eh[eZq_gguc\iZjZ^gucfmg^bjBohly@xebg_fZehm^b\beZkvklhev kljZgghfmih__fg_gbx\u[hjmh^_`^u^ey^hfZrg_]hm`bgZl_fg_f_g__g_kdZaZeZgbkeh\Zih ^Zgghfmih\h^m AZ\j_fyhlkmlkl\bykmijm]Z@xebg_[_aihfhsbFbr_eymki_eZgZclbijbebqgmxdZdhgZ ^mfZeZdmoZjdmbl_i_jvklj_\h]hch`b^ZeZqlhhgkdZ`_lh[m`bg_ghIhevfheqZjZkijZ\eyeky k_^hclhb^_ehih]ey^u\ZygZqZkubdZaZehkvkh\_jr_gghg_aZf_qZe__klZjZgbcm]h^blv_fm AZf_lb\wlb[uklju_\a]ey^u@xebhkf_ebeZkvaZ^Zlv\hijhk Lu`^_rvdh]hgb[m^v" G_lwlhf_gygugq_h`b^ZxlmE_]jZgZg_j\ghmeu[gmekyIZ\_ehldeZ^u\Zy\klhjhgm\bedmb ih^gbfZykvbaaZklheZ XeyhimklbeZ]eZaZqlh[ukdjulv\^jm]gZ[_`Z\rb_gZ]eZaZke_auhgZgbdZdg_fh]eZ\aylv\ lheddZdfh`ghihke_klhev^he]hcjZaemdblml`_hlijZ\blvkydm^Zlhijhqvba^hfZ\f_klhlh]h qlh[uijh\_klb\_q_j\h[s_kl\_lh]hdlh^hjh][he__\k_]hgZk\_l_":fh`_lg_lZdm`b^hjh]Z hgZ_fmdZd_cohl_ehkv[u^mfZlvhlhf"ijbreh\^jm]\]heh\m Yg_fh]mg_ihclbgZqZeIZ\_eaeykvgZlhqlh\ugm`^_ghijZ\^u\ZlvkyZ_s_[hevr_gZlh qlhXeygbkeh\Zg_kdZaZeZ_fmohlybh]hjqbeZkvg_gZrmldm_jgmkvdihemghqbkwlbfb keh\ZfbIhev[jhkbekZen_ldmb\ur_ebaklheh\hc @xebhklZeZkvkb^_lvaZklhehfh^gZHgZ\a^jh]gmeZmkeurZ\dZdoehigmeZ\oh^gZy^\_jvb mjhgb\]heh\mgZkeh`_ggu_gZklhe_jmdbjZaju^ZeZkvLZkyg_eh\dhihlhilZeZkvgZihjh]_ klheh\hcg_j_rZykvgZqZlvm[bjZlvkhklheZghjZkkm^beZqlhemqr_[m^_lh[h`^Zlvdh]^Z [ZjugymkihdhblkylbohijbdjueZ^\_jvb\a^uoZygZijZ\beZkv\kiZevgxdgyayijb[jZlvky GZkZfhf^_e_IZ\_eg_kh[bjZekygbdm^Z\wlhl\_q_jdh]^Z\uc^yk]Zmil\ZolugZijZ\eyeky\ rlZ[ihedZaZ[jZlvbf_ggh_hjm`b_Ghjy^hfkhrlZ[hfhgihiZe\h[tylbyijbyl_e_c ij_^eh`b\rboohjhr_gvdh\ukmrblvojmklZevihih\h^mhdhgqZgby_]hZj_klZG_gZc^y dZd\[ueu_\j_f_gZh`b^Zxldml_`Zqlh[uj_dhcebehkvrZfiZgkdh_bgZklheih^Z\ZebkvkZfu_ baukdZggu_^_ebdZl_ku JZgvr__]h[uh[jZ^h\ZeZhnbp_jkdZy\_q_jbgdZghk_]h^gyhglhjhibeky^hfhcBaibk_f@xeb hgm`_agZeqlh_]hhl_pihkihkh[kl\h\Zei_j__a^mXe_gvdb\ijbgZ^e_`Zsb__fmZiZjlZf_glu Wlh\f_rZl_evkl\hgbdZdg_\oh^beh\ieZguIZ\eZghihjZafukeb\hgijbr_ed\u\h^mqlh\ keh`b\r_ckykblmZpbbdh]^Zmg_]hg_lgb^_g_]gb`bevy_fmlhevdhgZjmdmlZdh_j_r_gb_ IhevagZeh[wlhcd\Zjlbj_dZdagZeblh^eydh]hhl_pdmibe__[he__lh]hhg^Z`_[uelZf g_kdhevdhjZaDh]^Z_fm[uehr_klgZ^pZlvhl_pkZfijb\_a_]hkx^ZbhklZ\begZ_^bg_klhcdlh klZeZ^eyg_]hi_j\hc`_gsbghck_qlhR_oh\kdhcaZihfgbehg_cwlhbfyEb^by^Zlhqlhm g__[ueb\her_[gu_g_`gu_jmdb]jmklgu_]hem[u_]eZaZbhqZjh\Zl_evgZymeu[dZIhke_ g_kdhevdbok\b^ZgbcEb^bybkq_aeZghIhev^Z`_g_aZ^mfZekyaZq_fbdm^ZLZd[uehgZ^h kdZaZe_fmhl_pbhgm^h\hevkl\h\ZekywlbfB\hlihdZdhclhkljZgghcijbohlbkm^v[uwlb ZiZjlZf_glugug_klZeb_]h^hfhf Hq_\b^ghR_oh\kdhcklZjrbcjZkkqblu\Zeqlhmkljhb\_]h^_eZlZdbfh[jZahf\_jg_l[em^gh]h kugZ^hfhcbgZaZ\ljZ_]hm`lhqgh[m^ml`^Zlv\nZfbevghfhkh[gyd_Jh`^_kl\h\k_fv_ R_oh\kdbo[uehijbgylh\klj_qZlv\madhfk_f_cghfdjm]m H[h\k_fwlhfi_j_^mfZeIZ\_eGbdheZ_\bqgZijZ\eyykv\j_klhjZpbxE_]jZgZB_s_i_j_^gbf klhyehjZkkljh_ggh_ebph@xebghhglml`_fuke_gghhijZ\^u\Zek_[yl_fqlhgbdZdg_fh`_l ijb\_klb`_gmgZohehklypdmxibjmrdmZhnbp_jkdh_[jZlkl\h^_ehk\ylh_Hlimklb\ba\haqbdZ Ihev\hr_e\]hkl_ijbbfghjZkiZogmlu_i_j_^gbf^\_jbj_klhjZpbbbhdbgm\\a]ey^hf kh[jZ\rboky]\Zj^_cp_\ih^gyejmdm\ijb\_lkl\_gghf`_kl_ujZ`_gb_haZ[hq_gghklbb]jmklb lhlqZkbkq_aehk_]hebpZm]hedb]m[kZfbijbih^gyebkv\meu[d__q_jihl_dbf_gghlZddZdhgb h`b^Zej_dhcebehkvrZfiZgkdh_bq_f[hevr_[ueh\uiblhl_f]jhfq_a\mqZeb]hehkZb jZa\yag__klZgh\bebkvlhkluIhevfgh]hibe\lhl\_q_jghgZkljh_gb_g_memqrZehkvgZh[hjhl dZaZehkvqlhkdZ`^uf\uibluf[hdZehfR_oh\kdhc\k_[hevr_fjZqg_e G_ijbylghcg_h`b^Zgghklvx^eyg_]hklZehihy\e_gb_gZm`bg_\j_klhjZpbbklZjh]hagZdhfpZ rlZ[kdZiblZgZYjugkdh]h=jb]hjbc:e_dk__\bqr_klve_lgZaZ^jZa`Zeh\Zgguc\jy^h\u_b hlijZ\e_ggucgZDZ\dZaaZiZfylgmx^mwevkihjmqbdhfDm^Zr_\ufaZg_fZeu_[h_\u_aZkem]b [ue\gh\vaZqbke_g\Ij_h[jZ`_gkdbcihed\ij_`g_fqbg_GhIhevgbkeh\hfgb`_klhfg_ \u^Zek\h_]hg_^h\hevkl\ZQm\kl\mye_]dh_]heh\hdjm`_gb_hl^mohlub\uiblh]hrZfiZgkdh]h R_oh\kdhcgZdbgmegZie_qbrbg_evb\ur_egZmebpm=em[hdh\^hogm\fhjhaguc^_dZ[jvkdbc \ha^mobih^gy\ebphdl_fghfmghqghfmg_[mhg^he]h\]ey^u\Zeky\lmkdehf_jpZxsb_a\_a^u kihfgbebkv^mrgu_dZ\dZakdb_ghqbdh]^Za\_a^u[uebklhevyjdbfbb[hevrbfbgZl_fghf [ZjoZl_ghqgh]hg_[hkdehgZqlhdZaZehkvijhlygbjmdmb^hljhg_rvky^hgbo BajZa^mfbc_]h\u\_e\_kvfZqm\kl\bl_evgucoehihdihie_qmH[_jgm\rbkvR_oh\kdhc m^b\ezggh\haajbekygZmofueyxs_]hkyYjugkdh]h �Zm`IZ\_eGbdheZ_\bqqlhgb]h\hjbZ\k_`_uex[bf_pnhjlmgumkf_ogmeky=jb]hjbc Ohlyqlhkg__\havf_rvhgZ\_^vlh`_`_gsbgZZu\k_]^Ze_]dhdjm`bebij_e_klgu_`_gkdb_ ]heh\db G_kh\k_fihgbfZxhq_fu=jb]hjbc:e_dk__\bqijbsmjbekyIhev jZkkf_yekyYjugkdbcZkZj_klh\u\Zxlihh[\bg_gbx\m[bckl\_h^ghcex[h\gbpuZ^jm]Zy lhlqZkki_rblij_^hklZ\blvZfZeb[bQlhb]h\hjblvu[hevrhcrZemg jy^ebm[bckl\hfheh^hcdjZkb\hc`_gsbgufh`ghgZa\ZlvrZehklvxhlj_aZeR_oh\kdhc ;he__lh]hyijbeh`m\k_kbeuqlh[ugZclbgZklhys_]hm[bcpm ;eZ]hjh^gh_^_eh\a^_jgme[jh\vYjugkdbcghg_dZ`_lkyebZfqlhemqr_hklZ\blvwlhl_f dlh^he`_gl_fih^he]mkem`[u]hkm^Zj_\hcaZgbfZlvky" IZ\_enujdgme\hl\_l\kihfgb\dZd\p_ib\rbkv\g_]hdZd\_^bgkl\_ggh]hih^haj_\Z_fh]h_]h m\_s_\ZebijbagZlvky\ydh[ukh^_ygghfbgbdlh^Z`_g_iulZekyijh\_jblvjZkkdZaZggmxbf \_jkbxH[ZaZfheqZebghg_gZ^he]hYjugkdbc\gh\vgZjmrbelbrbgm :kdZ`bl_IZ\_eGbdheZ_\bqg_m`lh^_\bpZb\ijyfvlZdohjhrZqlhklhbehbaaZg__hlkb^_lv gZ]Zmil\Zol_^\Z^pZlviylvkmlhd" R_oh\kdhc]eygmeijyfh\l_fgu_]eZaZYjugkdh]h :ukdZdhcp_evxbgl_j_km_l_kv=jb]hjbc:e_dk__\bq"g_^h[jhmkf_ogmekyhgm]hedhf]m[ Ba\_klghkdZdhcFh`_lr_ig_l_Z^j_khddh]^Zkbyij_e_klgbpZZfgZkdmqbl"meu[gmeky\ hl\_l=jb]hjbc hlm`g_h`b^Ze\Zkkdehgghklbdfhbf[u\rbfiZkkbyf:dZkZ_fhbf_gghwlhc[hxkvZf ^he]h`^Zlvijb^_lky=jb]hjbc:e_dk__\bqjZa\_jgmekyIhevbgZldgmekygZg_]h^mxsbc\a]ey^ E_\Zrh\ZDb\gm\_fm]heh\hcIZ\_e\_jgmeky\aZej_klhjZpbb Mk_\rbkvaZklhehg\ugmebadZjfZgZ[j_]_lM\b^_\qlh\j_fym`^Z\ghi_j_\ZebehaZiheghqv hgq_jluogmeky\kihfgb\h[_sZgb_\_jgmlvky^hihemghqb^Zggh_@xebbihki_rbeijhklblvkyk khkem`b\pZfb@_klhfih^ha\Z\hnbpbZglZdgyavihijhkbeaZibkZlvk_]h^gyrgxx]meygdmgZ_]h kq_lbihdbgmej_klhjZpbx Xe_gvdZkeurZeZdZdhldjueZkv\oh^gZy^\_jvihlhfaZa\mqZeb]hehkZIjhohjZb__kmijm]ZQZku \]hklbghcihdZau\ZebljbqZkZghqbAZ^m\k\_qmgZdZfbgghcihed_hgZf_lgmeZkv\k\hxkiZevgx bk[jhkb\dZihlaZ[jZeZkvgZihkl_evk^_eZ\\b^qlhkiblJZa^Zebkvly`_eu_rZ]b\dhjb^hj_ \hlih^jmdhc__fm`ZjZkiZogmeZkv^\_jv\kiZevgxbIZ\_eaZf_jgZihjh]_ Zr_kbyl_evkl\hijZ\hkeh\hreb[uukiZlvMkgmeZ[ZjurgygZdhg_plhm`dZdieZdZeZ \_kv\_q_jk_j^p_djh\vxh[eb\Zehkvijhr_ilZemg_]haZkibghcIjhohj Ir_e\hg[jhkbeIhevbijhr_e\dhfgZlmaZdju\^\_jvi_j_^ghkhfijbkem]b Kdehgb\rbkvgZ^ihkl_evxhghklhjh`ghdhkgmekydhjhldbodm^jyr_djZaf_lZ\rbokyihih^mrd_ Ly`_euc\a^ho\uj\Zekyba]jm^bk_g_lZddZd^he`gh[ueh[ulvIhevijbk_egZdjZ_r_d ihkl_eb\kfZljb\Zykv\hk\_sZ_fh_ijbajZqgufk\_lhfemguebqbdh@xebDgyavg_agZekdhevdh \j_f_gbijhkb^_elZdg_hl\h^yhlg__\a]ey^ZG_kh\_jrbeebhghrb[dm"DZd]h\hjylaZ^\mfy aZcpZfbih]hgbrvkyEmgZkdjueZkvaZgZ[_`Z\rbfh[eZdhfih]jmab\\kxdhfgZlm\hfjZd Ih^gy\rbkvkdjh\Zlbhgkh[bjZekymclb\k\hbihdhbdh]^Z_^\ZjZaebqbfuca\md_]hhklZgh\be IhevaZkluebijbkemrZeky\ay\rbkvaZjmqdm^\_jbA\mdih\lhjbekyGbdZdbokhfg_gbclboh_ \koebiu\Zgb_\gh\v^hg_kehkv^h_]hkemoZKlj_fbl_evghjZa\_jgm\rbkvhggZijZ\bekydihkl_eb GZsmiZ\gZklhe_dhjh[hdkhkibqdZfbIZ\_eaZ`_]lml`_klhy\rmxk\_qmb\]ey^_eky @xebug_kibl_kmdhjhfijhbag_khg Yg_fh]eZmkgmlvk_eZhgZgZihkl_ebuh[_sZeb\_jgmlvky^hihemghqb qlhhlgug_y\k_\j_fyklZgmijh\h^blvih^e_Zk"Mf_gy_klv^jmavykem`[Z\dhgp_dhgph\ \kiuebehg H^ZyihgbfZxbjhgbqghmeu[gmeZkvXe_gvdZkd\havke_auDhg_qgh^jmavydm^Z[he__ �\Z`guq_fkh[kl\_ggZy`_gZZb`_gZeb"ih`ZeZhgZie_qbdhfAZq_fuijb_oZebaZfghc\ Dmavfbgdb"Y`_\b`mqlhuly]hlbl_kvfghxug_fh`_l_gbdhfmihdZaZlvf_gy^ey\k_oy ZrZkh^_j`ZgdZLZdklhbehebh]hjh^]hjh^blv"\koebigmeZhgZaZdju\ZyebphjmdZfb R_oh\kdhcjZkl_jyghaZimklbeiZevpu\k\hbahehlbklu_dm^jb Yg_agZxq_klghhl\_lbehg Himklb\jmdbXeykg_^h\_jb_fmklZ\beZkv_fm\ebph Lh_klvdZdwlhg_agZ_l_"ihljyk_ggh\u^hogmeZhgZu\_^v]h\hjbebqlhex[bl_f_gy Yex[exZkh[gy\__aZie_qbijhr_ilZe\hl\_lIZ\_eIjZ\^Zex[exgh Gh`Ze__l_hZr_fjupZjkdhfihju\_]hjvdhmkf_ogmeZkvhgZGZgZ^hhijZ\^u\ZlvkyIZ\_e GbdheZ_\bqyihgyeZY\k_ihgyeZ@Zevqlh^_eZyfg_ij_^eh`_gb_ug_m^hkm`bebkvfg_ khh[sblvh[h\k_f G_ijZ\^Z\kdbgmekyIZ\_eY]h\hjbeZf =h\hjbeb]h\hjbebhlhfqlhZr_nbgZgkh\h_iheh`_gb_ihrZlgmehkvqlhgZk`^mlg_e_]db_ ^gbghgbkeh\hfg_h[fhe\bebkvqlh[m^_l_ijylZlvf_gyhl\k_]hk\_lZqlh^ey\k_oy[m^m\k_]h ebrvYRWUHMRXHWOHFDSULFHWHPSRUDLUH \ZrZb]jmrdZ\j_f_ggZyijbohlv\fKlmiZcl_km^ZjvY`_eZx hklZlvkyh^gZgugq_ @xebg_ijh]hgycl_f_gyihiulZekyhgijblygmlv__\k\hbh[tylvy Moh^bl_hllhedgmeZhgZ_]hMoh^bl_Iha`_G_k_cqZkFg_[hevgh\b^_lvZk R_oh\kdhc\ur_ebakiZevgboehigm\^\_jvx;h`__s_bkmlhdg_ijhrehZhgbm`jZkkhjbebkv g_\_k_ehmkf_ogmekyhgQlh`^Zevr_[m^_l" Xe_gvdZk]heh\hcgZdjueZkvh^_yehfbjZaju^ZeZkv=emih[uehh`b^Zlvhlg_]hq_]hlh_s_ Fh`_l[ulvhgbex[be__ghihklmibelZddZd\_e_e_fm^he]Ohlyg_lg_ex[beWlh[ueh^ey g_]h\k_]hebrv\h`^_e_gb_mlheb\dhlhjh_hgij_kulbeky_c IZ\emg_kiZehkvKeh\ZkdZaZggu_@xeb`]eb^mrmg_\ughkbfhch[b^hcDZd`_lZdhg\_^v jZ^bg___^\Zebg_\k_fjbkdgmeZhgZ_s_bihij_dZ_l_]hl_fqlhhgg_fh`_ldZ`^uc[h`bc ^_gvih^e___x[hdijh\h^blvR_oh\kdhci_j_\_jgmekygZ`b\hlkkbehcm^ZjbedmeZdhfih imoh\hcih^mrd_\uf_sZygZg_cgb\q_fg_ih\bgghc\kxaehklvqlhhsmsZegugq_gZk\hx `_gm Mljhfhgijhkgmekyiha^ghbk[hevghc]heh\hckdZau\ZeZkv\q_jZrgyyg_\ha^_j`Zgghklv\ mihlj_[e_gbbrZfiZgkdh]hMfu\rbkvoheh^ghc\h^hcIZ\_ekihfhsvxIjhohjZfheqZh^_eky gZdbgmefy]dbcreZnjhdbijhr_e\klheh\mx@xeb[ueZm`_aZklhehfbgZ_]hofmjh_^h[jh_ mljh^Z`_g_ih^gyeZ]eZahllZj_edbKmijm]baZ\ljZdZeb\iheghffheqZgbbbgbh^bgbagbog_ `_eZeihclbgZmklmidbbi_j\ufk^_eZlvrZ]dijbfbj_gbxiheZ]Zyqlhbf_gghijhlb\hiheh`gZy klhjhgZb\bgh\gZ\ijhbahr_^r_cjZafhe\d_ @xebg_ijhreZgbgZJh`^_kl\_gkdmx\k_ghsgmxihlhfmdZdihqlb^hkZfh]hmljZh`b^ZeZ kmijm]ZgbgZmlj_ggxxeblmj]bxb^lbh^gZhgZg_j_rbeZkvZIhevijhkgmekykebrdhfiha^ghb g_\kZfhfemqr_fjZkiheh`_gbb^moZG_lhqlh[uhgZ[ueZj_\ghklghcijboh`Zgdhcghkem`[u =hkih^g_f\blZ_lg_dZyhkh[ZyZlfhkn_jZh`b^Zgbyqm^ZbhgZ\_jbeZqlh_keb\fhf_gl \hag_k_gbyfhebl\uaZ]Z^ZlvkZfh_khdjh\_ggh_`_eZgb_hghg_ij_f_gghbkihegblky kdhj_ihke_aZ\ljZdZijbg_kebaZibkdmhlKhnvb:g^j__\guDgy]bgyR_oh\kdZy\ujZ`ZeZ gZ^_`^mqlhkugijhklb\hlpm\k_h[b^uijbkh_^bgblkydgbfaZk_f_cguflhj`_kl\hfLZd`_ Khnvy:g^j__\gZibkZeZqlhijb\_aeZkkh[hc^Zevgxxjh^kl\_ggbpmhq_gvfbemxbdjZkb\mx [ZjurgxbgZ^__lkyqlh___^bgkl\_gguckugy\blkh[hxh[jZa_pohjhrbofZg_jg_hldZ`_lky khijh\h`^ZlvPDGHPRLVHOOHFZjbgZfgh]hqbke_gguoGh\h]h^gboijZa^g_kl\Zobm\_k_ebl_evguo jZmlZoklhebpu IjhqblZ\aZibkdmIZ\_eaZ^mfqb\hmklZ\bekygZh]hgv\dZfbg_HldZaZlvfZl_jbhgg_fh]gh [eZ]h^Zjy__klZjZgbyfmkljhblv_]hk_f_cgh_kqZklv_gugq_hdZaZeky\\_kvfZb\_kvfZ ^\mkfuke_gghfiheh`_gbbdmabgZFZjb[ueZohjhrZkh[hcghijbwlhg_\ughkbfh]emiZ?_ \g_rgyyij_e_klvgZdZdh_lh\j_fy\iheg_fh]eZdhfi_gkbjh\Zlvg_^hklZlhdmfZghijh\_klb\__ h[s_kl\_\k_Gh\h]h^gb_ijZa^gbdb[uehg_ihf_jghljm^ghcaZ^Zq_c^Z`_^eyg_]hq_eh\_dZ ba\_klgh]hk\h_ch[oh^bl_evghklvxbex[h\vxd`_gkdhfmihemGhwlh[ueh\k_]hebrvihe[_^u \lh\j_fyqlhhg[m^_lkFZjb_]h`_gZ^he`gZ[m^_lkb^_lv^hfZh^gZIZ\_emdjZ^dhc[jhkbe \a]ey^gZkdehg_ggmx]heh\m@xeb 0DFKpULHgZjmrbehgly`_eh_fheqZgb_\hpZjb\r__ky\klheh\hckkZfh]hmljZy[m^m \ugm`^_gg_gZ^he]hhklZ\blvZk @xebih^gyeZ]heh\mb\a]eygmeZgZg_]hZ[khexlgh[_ajZaebqguf\a]ey^hf DZdZf[m^_lm]h^ghIZ\_eGbdheZ_\bq R_oh\kdhchl^hkZ^ukdjbigmeam[Zfb Qlhkb_hagZqZ_lPRQDQJH"kijhkbehgh[fZgqb\hkihdhcguf]hehkhf Xe_gvdZih`Zeie_qZfb Gbq_]hZr_kbyl_evkl\hu\hevguihklmiZlvdZdZfaZ[eZ]hjZkkm^blkyjh\ghhlha\ZeZkv hgZq_jZuy\kl\_gghmdZaZebfg_dZdh_f_klhyaZgbfZx\Zr_c`bagbb\ij_^vy ihklZjZxkvg_aZ[u\Zlvhlhf �h\hevghIZ\_eklmdgmeihklhemdmeZdhfZrbh[b^ug_bf_xlih^kh[hcgbdZdh]h hkgh\Zgbybijhklhg_e_iubkf_rgu GmjZamf__lkyXe_gvdZih^gyeZkvbaaZklheZbgZijZ\beZkvd^\_jb Dm^Zu"Fu_s_g_hdhgqbebgZrjZa]h\hjih^gyeky\ke_^aZg_cIhevbmo\Zlbe`_gmaZ lhgdh_aZiyklv_ :ihfg_lZdhgaZdhgq_gl\_j^h\a]eygmeZhgZ\_]h]hjysb_]g_\hfk_ju_]eZaZGZf[hevr_ g_q_]hkdZaZlv^jm]^jm]m WlhZr_ihke_^g__keh\hPDFKpULH"ijbsmjb\rbkvihbgl_j_kh\Zekyhg u^_jgm\jmdmba_]h`_e_aghco\Zldb@xeb^_fhgkljZlb\ghihl_jeZaZiyklv_b[jhkb\gZ kmijm]Z_s_h^bgh[b`_gguc\a]ey^m^ZebeZkvrmjrZr_edhfij_e_klgh]hmlj_gg_]hieZlvyp\_lZ eZ\Zg^u Ihke_wlh]hjZa]h\hjZ\hkh[gydgZK_j]b_\kdhcIZ\_ehlijZ\beky\kZfhfkd\_jghfjZkiheh`_gbb ^moZHlpZ^hfZg_[uehKhnby:g^j__\gZ\klj_lbeZkugZkjZkijhkl_jlufbh[tylbyfbghg_ aZf_^ebeZihi_gylv_fmgZlhqlhhgg_hq_gvlhki_rbe\_jgmlvky\hlqbc^hfmki_\ijbwlhf h`b^ZxldqZx Yg_gZ^he]hPDPDQdq_fmmkljZb\ZlvqZ_iblb_"p_emy__\s_dmmeu[gmekyIhev Ohq_rvkdZaZlvqlhg_kh[bjZ_rvky\ha\jZsZlvky^hfhc"h]hjq_gghaZf_lbeZdgy]bgy Kh\_jr_ggh\_jghdb\gmeIhev G_^mfZeZqlhZrbjZagh]eZkbykhlphfaZreblZd^Ze_dhYih`Zemcemqr_\k_oagZxqlh GbdheZcFZl\__\bqihjhx[u\Z_lkebrdhfmijyf]jmklghmeu[gmeZkvhgZgh\k_`_yiheZ]ZeZ qlhJh`^_kl\hfudZdiheh`_gh\klj_lbf\f_kl_\k_ck_fv_c Kh`Ze_xqlhh]hjqbeZk\a^hogmeIZ\_e ay\fZlvih^jmdmIhevgZijZ\beky\fZemxklheh\mx]^_jZklhjhigZyijbkem]Zm`_aZdZgqb\ZeZ k_j\bjh\ZlvklheHlh^\bgm\dj_keh^eydgy]bgbIZ\_eh[_jgmekygZa\mdhldju\r_cky^\_jb dhfgZlme_]dh\ihjogmehqm^gh_\b^_gb_evgygu_\hehkuFZjb[uebmeh`_gu\aZfukeh\Zlmx ijbq_kdm]hem[u_]eZaZ\hklhj`_ggh\abjZebgZg_]hIjbk_\\j_\_jZgk_FZjb]jZpbhagh \uijyfbeZkvbhqZjh\Zl_evghihdjZkg_eZdh]^Zp_emy__lhgdb_iZevpuIZ\_eijhbag_kiZjm ^_`mjguodhfiebf_glh\ GZijZ\eyykv\hlqbc^hfIZ\_em`_]hlh\[uejZkkdZaZlvfZl_jbh`_gblv[_ghihy\e_gb_dmabgu k^_eZehwlhljZa]h\hjkh\_jr_gghg_\hafh`gufHgg_j\ghmeu[gmekyg_agZyqlhhl\_lblvgZ ijhkv[mKhnvb:g^j__\gukhijh\h`^ZlvFZjbgZ[uedRm\Zeh\ufqlh[m^_l^Zg\Gh\h]h^gxx ghqvFheqZgb_kebrdhfaZlygmehkvbqm\kl\myqlhihiZe\eh\mrdmIhev\k_[hevr_aebekygh\ dhgp_dhgph\\k_`_aZ\_jbe^Zfqlh[m^_ljZ^khijh\h`^Zlvk\hxhqZjh\Zl_evgmxdmabgmgZ \ur_mihfygmluc[Ze Khnvy:g^j__\gZhkljhqm\kl\h\ZeZqlhkugqlhlhkdju\Z_lhlg__b^Z`_hlhkeZeZih^ [eZ]h\b^gufij_^eh]hfFZjbqlh[ubf_lv\hafh`ghklv[_kij_iylkl\_gghih]h\hjblvkgbfgh [eZ]hijbylgucfhf_gl[uemims_gbIhevm`_g_ih`_eZehldjulvky_c ha\jZsZykv^hfhcR_oh\kdhc^mfZehlhfqlhdZdfmoZ\iZmlbg_\k_[hevr_aZimlu\Z_lky\lhc e`bqlhkZf`_bkha^Ze\hdjm]k_[ygh[he__\k_]h_]hh]hjqZeZkkhjZk`_ghcDZd`__fm ohl_ehkvijbfbjblvkykg_cghhgg_agZedZdih^klmiblvkydwlhcgh\hc^eyg_]h@xeb [_ajZaebqghcboheh^ghcG_m`lhlZd[ukljhijhreZ__ex[h\v"Klhbeh_clhevdhhsmlblv \_gqZevgh_dhevphgZk\h_fiZevp_blhlqZkihy\bebkvij_l_gabbih_]hfg_gbxkh\_jr_gghg_ h[hkgh\Zggu_ H^gZdhk_cqZkhg\ha\jZsZekydg_cdk\h_c`_g_gZd\ZjlbjmdhlhjmxgZm^b\e_gb_e_]dhklZe kqblZlvk\hbf^hfhfbgZf_j_\Zeky\klj_lblvJh`^_kl\hbf_gghlZfZg_\hkh[gyd_R_oh\kdbo dZdlh]h`^Zebhlg_]hGZJh`^_kl\hijbgylh^Zjblvih^Zjdbih^mfZehgbkfmlbeky\_^vhgg_ ih[_kihdhbekyhlhfKlmdgm\\kl_gdmdZj_luIhev\_e_e\hagbp__oZlv;hevrmxFhjkdmx\ gZjh^_aZqZklmxgZau\Z_fmx;jbeebZglh\hcbaaZh[bebyx\_ebjguoeZ\hdjZkiheh`_gguogZg_c AZc^y\i_j\mx`_eZ\dmIhevhklZgh\beky\jZkl_jygghklbhgkh\_jr_gghg_agZe\dmkh\k\h_c `_guIjbdZaqbdhiulguf]eZahfaZf_lb\\u]h^gh]hihdmiZl_eym]h^eb\hmeu[gmekybij_^eh`be k\hxihfhsvaZf_jr_fm\g_j_rbl_evghklb]\Zj^_ckdhfmhnbp_jm Zr_[eZ]hjh^b_ih^Zjhq_dgbdZdbs_l_k" Fh`ghblZdkdZaZlvhlha\ZekyR_oh\kdhc G_m]h^gheb[m^_l\a]eygmlv"eh\dbf^\b`_gb_fba\e_dhgba\bljbgurbdZjguc =Zjgblmj[ue\_ebdhe_i_gghkdhj__ih^hr_e[u[he__aj_ehc`_gsbg_g_`_ebxghc^_\mrd_^Z b^_g_]lZdbodZd\ugm`^_g[ueh]hjq_gghaZf_lblvdgyavmg_]hm\um`_g_l G_lg_lhQlhgb[m^vg_`gh_qlhih^hreh[u^_\mrd_e_l\hk_fgZ^pZlbaZ^mfqb\hijhbag_k hgjZa]ey^u\Zykhk_^gxx\bljbgm ?]h\gbfZgb_ijb\e_deZgbldZ`_fqm]ZkaZkl_`dhc\\b^_bgdjmklbjh\Zggh]h[jbeebZglZfb ^bdh\bggh]hp\_ldZbhgm`_[he__g_khfg_\ZekyJZkieZlb\rbkvIZ\_eaZ[jZeihdmidmb\ur_e gZmebpmhll_i_jvfh`ghb^hfhcmeu[gmekyhgk\hbffukeyfaZ[bjZykv\dZj_lm DZdh\h`_[ueh_]hm^b\e_gb_dh]^Z\_jgm\rbkvhgg_aZklZe@xebI_j_im]ZggZyLZkyk[b\qb\h h[tykgbeZqlhihke__]hmoh^Z[Zjugykh[jZeZkvdm^Zlhgh_cgbq_]hg_kdZaZeZbkkh[hcg_\ayeZ IhgZqZemIZ\_eg_[hevghlhh[_kihdhbekygm\ureZdm^Zlhg_\_qgh`__c\q_luj_okl_gZo kb^_lvkdhjh\_jg_lkyjZafureyehgm]h\Zjb\Zyk_[yqlhXe_gvdZijhklhj_rbeZijhclbkvbeb qlhlhijbdmiblv\eZ\dZoqlh[uebg_ih^Ze_dmGh@xebg_ihy\beZkvdh[_^mbhgihkl_i_ggh gZqZel_jylvkihdhckl\b_]heh\me_aebkZfu_g_e_iu_bh^gh\j_f_gghkljZrgu_fukebZ\^jm]k g_ckemqbehkvqlh":ii_lblijhiZeH[_^\h^bghq_kl\_g_ijbg_kgbdZdh]hm^h\hevkl\byuib\ lhevdh[hdZe\bgZIhevhlh^\bgmeg_ljhgmlmxlZj_edmbih^gyekybaaZklheZIjhc^y\dZ[bg_l hgihiulZeky[uehqblZlvgh_^\Z\ay\\jmdb]Za_lm\jZa^jZ`_gbbhl[jhkbe__\klhjhgmb ih^hr_edhdgmBadZ[bg_lZhgi_j_[jZeky\]hklbgmx]^_ijh^he`bef_lZlvkyhldZfbgZdhdgm lhb^_ehih]ey^u\ZygZmebpm\gZ^_`^_aZf_lblvagZdhfmxnb]mjdm Kf_jdZehkvZ_]h`_gu\k_g_[ueh^hfZ;_kihdhckl\hi_j_jhkeh\gZklhysmxiZgbdmghIZ\_e ijhklhg_agZedm^Z[_`Zlvb]^_bkdZlv__GZmebpZom`_aZ`b]ZebnhgZjbdh]^Z\h\oh^gu_ ^\_jblbohihklmqZebIhevdZdbflh\gmlj_ggbfqmlv_fhij_^_ebeqlhwlh\_jgmeZkv@xebb f_lgmeky\ijboh`mxgZoh^mhlh^\bgm\IjhohjZdhlhjucm`_kh[bjZekyhldjulv^\_jv Wlh^_ckl\bl_evgh[ueZhgZS_db__jZkdjZkg_ebkvkfhjhaZ]eZaZbkdjbebkv\_k_ev_fbwlh\lh \j_fydh]^ZhgkmfZkoh^behl[_kihdhckl\ZaZg__IZ\_eqm\kl\h\ZedZd\djh\baZdbiZ_lyjhklv =^_u[ueb"_^\Zebg_ijhjuqZehg Mih^jm]bg_\hafmlbfhih`ZeZie_qbdhf@xebbh[hc^ygZ\bkr_]hgZ^g_ckmijm]ZijhreZ ^Zevr_ Hl[jhkb\[_ebqvxfmnlmXe_gvdZjZkkl_]gmeZkZehiZddmjZlghklygmeZkjmdlhgdb_eZcdh\u_ i_jqZldbbjZa\yaZeZe_gludZihjZIjhohjijbgbfZybajmd@xeb\_jogxxh^_`^mhiZkeb\h ihdhkbekygZohaybgZIZ\_eaZklu\rbcgZihjh]__^\Zk^_j`b\Zekyiehlghk`Zlu_]m[uf_qmsb_ fhegbbijbsmj_ggu_]eZaZ\u^Z\Zeb_]hhlgx^vg_[_ah[eZqgh_gZkljh_gb_ Ir_e\hgkd\havam[u\u^Z\beIhev Kem]Zkq_eaZemqr__kjZamj_lbjh\Zlvky@xeb\a^jh]gmeZmkeurZ\\_]h]hehk_kljm^hf ih^Z\ey_fmxyjhklvHgZf_^e_gghih\_jgmeZkvdg_fmebphfblhlqZk_]h^ebggu_iZevpu \ibebkv\__ie_qbb\kljyogmeb__dZdljyibqgmxdmdem Y_s_jZakijZrb\Zx]^_u[ueb"h[fZgqb\hlbohijhbag_kR_oh\kdhc YZfm`_hl\_lbeZlZd`_lbohijhbag_keZ@xeb_^\Zk^_j`b\Zykvqlh[ug_[jhkblvky\k\hx kiZevgxbaZi_j_lvkylZfgZdexq LZdbfk\h_]hkmijm]ZhgZ\b^_eZ\i_j\u_bhllh]hqlhhgZ\b^_eZ\hehkugZaZlued_r_\_ebebkv hlkljZoZIZ\_e]em[hdh\a^hogmek^_eZ\ihiuldm\aylvk_[y\jmdb ijbdexqblvkyZuy\ey_l_kvdZdgb\q_fg_[u\ZehbaZy\ey_l_qlhgZghkbeb\bablih^jm]_ lbohijhbag_khgIha\hevl_ihex[hiulkl\h\ZlvdZdmxih^jm]mugugq_ihk_sZeb" YjZkkdZau\ZeZZfhg_cbaihke_^gbokbekhojZgyykihdhckl\b_hl\_lbeZXey?_ah\ml Bjwg IhevijbihfgbeqlhjZkkdZau\Zyhk\h_c`bagb\I_l_j[mj]_^h\klj_qbkgbf@xebmihfbgZeZ dZdmxlhBjwgkdhlhjhcihagZdhfbeZkvihimlb\klhebpm?s_lh]^Zdh]^ZXe_gvdZ\k\hzf jZkkdZa_mihfygmeZ__R_oh\kdhce_]dh^h]Z^Zekyhjh^_aZgylbcwlhckZfhcBjwgjZkkdZau\Zyh g_c@xebg_mihfygmeZgblblmeZgb^Z`_nZfbebbgZau\Zy__ijhklhihbf_gblZdqlh ^h]Z^Zlvky[uehg_ljm^gh YaZij_sZxZfh[sZlvkykwlhc`_gsbghcoheh^ghijhbag_khg\u^_eb\]hehkhfihke_^gb_ ^\Zkeh\Z @xeb]hj^hjZkijZ\beZie_qbnujdgmeZqlhgbdZdg_ih^h[Zeh[eZ]h\hkiblZgghc^_\bp_b ijhreZ\g_[hevrmx]hklbgmxIZ\_eihke_^h\ZeaZg_cIjbk_\\dj_keh_]h`_gZih^gyeZ]heh\m bijbklZevghihkfhlj_eZ_fm\]eZaZ KdZ`bl_Zr_kbyl_evkl\hq_fh[tykgy_lkyZraZij_lgZ\klj_qbkdZduba\hebeb \ujZablvky"wlhc`_gsbghc" Fhy`_gZg_^he`gZh[sZlvkykex^vfbih^h[gh]hkhjlZl_ji_eb\hh[tykgbehg &#xZr;&#x_f;&#xm;&#xh;&#x[s;&#xZl;&#xvk;&#xy";&#x;&#xi;&#x_j;&#x_[;¾&#xZ;&#x_];&#xh;&#x@x;ë&#x;&#x;�:kd_f`_fg_ihZr_fmh[sZlvky"i_j_[beZ_]h@xeb\_jbex[h]hfZehfZevkdb ijbebqgh]h^hfZaZdjului_j_^hfghck]hj_qvx^h[Z\beZhgZukemqZcghg_aZ[uebd_fy y\eyxkv^ey\k_oZrboagZdhfuob^jma_c"IjbdZ`_l_gbdm^Zg_\uoh^blv" �Zjy\dgmeR_oh\kdhcblhlqZkih`Ze_ehlhfqlhkhj\ZekyaZf_lb\dZd^jh]gmeZ__gb`gyy ]m[Zb[hevrb_dZjb_]eZaZf]gh\_gghgZihegbebkvke_aZfb Yg_kh[bjZxkvkb^_lv\q_luj_okl_gZoh[b`_gghaZy\beZhgZbqlh[u_s_[hevr_^hkZ^blv _fm\a^_jgm\ih^[hjh^hd\uiZebeZFZehlh]hykh[bjZxkv\_jgmlvkygZkp_gmYg_fh]mkb^_lv keh`Zjmdbb`^Zlvdh]^Zuba\hebl_h[jZlblvgZf_gyk\h_\gbfZgb_ Gbdh]^ZklmdgmedmeZdhfihdZfbgghcihed_IhevGbdh]^Zg_kf_cl_^Z`_mihfbgZlvh[wlhf OhjhrhG_[m^mg_h`b^Zgghk^ZeZkv@xebbhl\_jgmeZkvhlg_]h Ih\bkr__fheqZgb_ly]hlbehh[hbo^_ckl\h\ZehgZg_j\ughgbdlhg_`_eZei_j\ufgZjmrblv_]h MR_oh\kdh]h\hagbdehhsms_gb_qlhkdZ`^ufkdZaZggufkeh\hfhgbkXe_c\k_[he__ hl^Zeyxlky^jm]hl^jm]ZbrbjbgZlhcijhiZklbqlhg_h`b^Zgghihy\beZkvf_`gbfbba fZe_gvdhclj_sbgdbihbklbg_m`ZkZeZDZdlZdfh]ehkemqblvkyqlhhgb\^jm]klhevklj_fbl_evgh �klZebihqlbqm`bfb^jm]^jm]m"G_m`lhdjhf_ihkl_ebbogbq_]h[he__g_k\yau\Z_l"Zb[uebeb hgb[ebadb"_^vhgblZdbhklZebkvg_agZdhfpZfbGhlml`_hg\ugm`^_g[ueijbagZlvqlhwlh p_ebdhf_]h\bgZijbgy\j_r_gb_h[\_gqZlvkyk@xebhg\hkobs_gguc__ojZ[jhklvxb kZfhih`_jl\h\Zgb_f^_ckl\h\Zebfimevkb\ghkh\_jr_gghg_aZ^mfu\Zykvh^Zevg_cr_c kh\f_klghc`bagbkg_cKq_]hhgj_rbeqlhgbq_]h\_]h`bagbg_baf_gblky"IhjZi_j_klZlv h[fZgu\ZlvkZfh]hk_[y\a^hogmeIZ\_eM`_baf_gbehkvkebrdhffgh]h_baf_gbehkvh^gZdh hg\k_fbkbeZfbklZjZekyg_aZf_qZlvlh]hij_^ihqblZy^mfZlvqlh\k_dZdlhmkljhblkykZfh kh[hc DZdZy]hjvdZybjhgbylbohaZf_lbehgklhevk\_leucijZa^gbdfukZfbij_[u\Z_f\kkhj_ Jh`^_kl\h Xe_gvdZf_^e_gghih^gyeZkvkhk\h_]hf_klZbrZ]gmeZ\_]hjZkdjulu_h[tylvy Fg_[uehlZdh^bghdh\k_wlb^gbihdZy`^ZeZZkhlha\ZeZkvhgZgh_^\Zihy\b\rbkvu \gh\vihki_rbebf_gyihdbgmlvWlhlZdh[b^gh YihklZjZxkvqZs_[u\ZlvkZfbhl\_lbeIZ\_edZkZykv]m[Zfb__\bkdZ@Zevqlhfug_ \k_]^Z\hevgu\k\hboihklmidZob`_eZgbyohlbgZGh\uc]h^yh[_sZe[ulv\^hf_ GZjurdbguo @xebijhfheqZeZ YihklZjZxkvkhdjZlblvk\h_ij_[u\Zgb_lZfg_gZjmrZyijbebqbcijh^he`beR_oh\kdhc G_gZ^h[hevr_gZijZkguoh[_sZgbcijbeh`beZhgZiZe_pd_]h]m[Zf Ohjhrhfhc\hbgkl\_ggucZg]_emeu[gmekyIhevB^_fl_m`bgZlv Ihke_m`bgZ@xebjZkiheh`beZkv\dj_ke_hdhehdZfbgZIZ\_eih^hr_edg_cbhklZgh\bekyaZ__ kibghc AZdjhc]eZaZPDFKpULHihijhkbehg XeyihkemrghijbdjueZ\_db^h]Z^u\Zykvqlhkmijm]`_eZ_lih^Zjblv_c__jh`^_kl\_gkdbc ih^ZjhdQlhlh]eZ^dh_boheh^gh_dhkgmehkvr_bhgZ\a^jh]gmeZbbgklbgdlb\ghko\ZlbeZkvaZ ]hjehIh^iZevpZfbi_j_dZlu\Zebkv]eZ^db_rZjbdb`_fqm]ZIh^gy\rbkvhgZrZ]gmeZda_jdZem baZf_jeZi_j_^gbf\\hkobs_gbb_sbpZ[ueZhq_gvdjZkb\ZybbaysgZyH[_jgm\rbkvd kmijm]mhgZ\kdbgmeZjmdb_fmgZr_xbijbih^gy\rbkvgZghkhqdbijb`ZeZkv]m[Zfbd_]h]m[Zf KiZkb[hlboh\u^hogmeZhgZGhwlhgZ\_jgh_ �hjh]haZdhgqbehgaZg__ @xebijbdmkbeZyaud]ey^ydZdfjZqg__lebph__kmijm]Zgh\vhgZ\k_bkihjlbeZ Imklvl_[ywlhg_aZ[hlblh[jhgbeIZ\_eYg_kh[bjZxkvmfbjZlvk]heh^mJZghbebiha^gh \k_baf_gblky Qlhbaf_gblky"oheh^_ykijhkbeZ@xeb =ey^y\ih[e_^g_\r__ebph`_guIhev_^\Zkeurghq_jluogmekyohjhr_]h`_hgZhg_ffg_gby Wlh\h\k_g_lhhq_fuih^mfZebkm^Zjugyoheh^ghhlha\ZekyhgY\h\k_g_`_eZxkf_jlb kh[kl\_gghfmhlpmH^gZdhjZghbebiha^ghhg[m^_l\ugm`^_gkfbjblvkykgZrbf[jZdhf =eZ\Z �Kmohdb\gm\`_g_IZ\_e\ur_eba]hklbghc\_jvklbobfklmdhfaZoehigmeZkvbXey\a^jh]gmeZ hlwlh]ha\mdZgh\vihiuldZijbfbj_gby\uebeZkv\gh\mxkkhjmbXe_gvdZ_^\Zm^_j`ZeZ ih^klmib\rb_d]eZaZfke_auKeh\gh=hkih^vboaZdZdb_lhij_]j_r_gbyjZamfZebrbeg_^Z\Zy \hafh`ghklbihgylv^jm]^jm]Z IjZa^gbqgucm`bgijhr_e\ly]hklghch[klZgh\d_g_kfhljygZklZjZgbydmoZjdbm]h^blvgh\uf ohay_\ZfAZdhgqb\ljZi_amIhevkhkeZekygZmklZehklvbm^Zebeky\k\hxkiZevgxXghcdgy]bg_ gbq_]hg_hklZ\ZehkvdZdlhevdhihke_^h\Zlvijbf_jmkmijm]ZLZkyihfh]Zy[Zjug_k\_q_jgbf lmZe_lhfkhqm\kl\_ggh\a^uoZeZ]ey^ygZjZkkljh_ggh_ebph@xeb :u[Zjugy\havfbl_^ZkZfbdkmijm]mlhbihc^bl_hkf_ebeZkvhgZ^Zlvkh\_l;Zjbglh Zr]hj^_pdZdbok\_lg_\b^u\ZeGb\`bklvg_ijbagZ_lkyqlhkdmqZe[_aZkZ\hl_`_ebud g_fmkZfbijb^_l_lhlhevdhjZ^lhfm[m^_l =hkih^b[Zjugy^Zqlh`udZd^_lbfZeu_\kie_kgmeZjmdZfbLZkyLh[Zjbg\_qhjmr_e lZdukgZqZeZiheghqbijhju^ZebZihlhfjZkkhjbebkvIhlhfumrebgbdhfmgbkeh\Zg_ kdZaZ\rblZdl_i_jvhg\_kv^_gvhlhdgZdhdgm[_]Zef_klZk_[_g_gZoh^bebhiylvih\a^hjbeb Zf[uk_klvjy^dhf^Zih]h\hjblveZ^dhfZ\u\k_kihjbl_q_cq_jlijhklbf_gy=hkih^b klZjr_Hcijhklbl_f_gy[Zjugy\^jm]bkim]ZeZkv]hjgbqgZybkh\k_f^jm]bflhghfkijhkbeZ Zfgbq_]h[he__g_gZ^h[gh" G_lLZkygbq_]hklmiZc =hjgbqgZy\ureZlbohgvdhijbl\hjb\aZkh[hc^\_jbZXeyaZ^mfZeZkvfh`_lLZkyijZ\Zbfm`m __]hj^hklvg_iha\hey_lijbagZlvkyqlhkdmqZe[_ag__"GZdbgm\gZie_qbr_edh\ucdZihlhgZ \ureZ\dhjb^hjgh^hc^y^h^\_j_ckiZevgbkmijm]Z\^jm]hjh[_eZBaih^^\_jbijh[b\Zeky g_yjdbck\_lZwlhagZqbehlhevdhh^ghIZ\_e\k__s_g_kiZebmr_eba]hklbghclhevdhqlh[ug_ ijh\h^blv\_q_j\__h[s_kl\_Qlh_kebhgZ\hc^_lZhgihijhkbl__mclb"Qlh_kebhrb[eZkv LZkyiheZ]Zyqlhkmijm]__lZd`_kdmqZeihg_c"@xebly`_eh\a^hogmeZbhlgyeZjmdmhl^\_jb hgZg_\ug_k_l_]hoheh^ghklbbjZ\gh^mrbyG_m`lhfZehke_aijhebeZbaaZg_]h"M`emqr_lZd HgZm`_ih\_jgmeZkvqlh[umclbgh^\_jvg_h`b^ZgghjZkiZogmeZkvbh[gy\aZlZebxIZ\_e \lygme`_gm\dhfgZlmJmdbdgyaykdhevagmebih__ie_qZfk[jZku\Zyrzedh\h_h^_ygb_]m[u lhlqZkijbgbdebd__]m[Zf\`Zjdhfihp_em_Xe_gvdZbkZfZg_aZf_lbeZ\dZdhcfhf_glhgb hdZaZebkv\ihkl_ebHgZlZyeZhl_]heZkdhlqmlvojbieh\Zlh]h]hehkZqlhr_ilZe_c Y`blv[_al_[yg_fh]mPRQDQJH :oDZdhc`_fmaudhc[uebwlbkeh\Z^ey__bafmq_ggh]hkhfg_gbyfbk_j^_qdZ Yex[exl_[yijhr_ilZeZhgZ\hl\_lijyqZkqZkleb\mxmeu[dmgZ_]hie_q_ Iha`_dh]^Zkhgkf_`be\_db__kmijm]ZXe_gvdZihiulZeZkv\ukdhevagmlvbaihkl_ebkl_f qlh[umclbdk_[_ghhg\^jm]dj_idhh[gye__bg_hlimklbeHgZlZdbhklZeZkv\_]hkiZevg_Z ihmljm__jZa[m^bebeZkdh\u_ijbdhkgh\_gbyl_ieuojmdGhdZd[ugb[uehbfohjhrh\wlb f]gh\_gby\dZdhclhfhf_glij_^Zl_evkdZyfukevaZdjZeZkv\__khagZgb_g_m`_ebkiZevgywlh _^bgkl\_ggh_f_klh]^_hgbfh]mlijbclbdkh]eZkbx" Kmijm]baZ\ljZdZebdh]^Zijbg_kebaZibkdmhlKhnvb:g^j__\guR_oh\kdhcKgZklmie_gb_f Jh`^_kl\Z\klhebp_\gh\v\hah[gh\beZkvq_j_^Z[Zeh\b]meygbcIZ\_eGbdheZ_\bqR_oh\kdhc \_a^_[ue`_eZgguf]hkl_fb_]hfZlvkZfu_bgl_j_kgu_bafgh`_kl\Zijb]eZr_gbc^hklZ\e_gguo gZK_j]b_\kdmxi_j_keZeZgZFhjkdmxDgyavijhkfhlj_\dZjlhqdbjZ\gh^mrghhlh^\bgmebo\ klhjhgmg_`_eZyh]hjqZlvXe_gvdmbihgbfZyqlhihy\eyykv\h[s_kl\_[_ag__hgl_fkZfuf h[b`Z_l`_gmohlyhgZgb_^bgufgZf_dhfihke_bokljZklgh]hijbfbj_gbyg_\u^ZeZk\hbo �fuke_cdZkZl_evghk\_lkdhc`bagbk\h_]hkmijm]ZZ_cbg_gm`gh[ueh]h\hjblvqlheb[hIhev e_]dhqblZe\k___fukebih]eZaZfdhlhju_g_mf_ebe]Zlv Q_j_a^\Z^gyihke_Jh`^_kl\ZgZq_l\_jluc^_gvihke_hk\h[h`^_gbybaih^Zj_klZdgyay R_oh\kdh]h\ZiZjlZf_glugZFhjkdhcmebp_ih`Zeh\Zek\bablhfdgyav=hjqZdh\Xe_gvdZ ohl_eZ[uehhklZ\blv^jma_cgZ_^bg_ghFboZbeihijhkbe__hklZlvkyIh\_^Z\bamfe_gguf kmijm]Zfhihke_^gbokh[ulbyo\k\h_c`bagbb]jy^ms_cihfhe\d_kIhebghcEv\h\ghc Dhr_e_\hcFbr_evaZfheqZe?^\ZmjZamf_\gZdhfbf_gghkh[bjZ_lky`_gblvky_]h^jm]IZ\_e g_h`b^ZgghjZkohohlZeky koh`bghgbdZdg_^mfZeqlh[ugZklhevdh H^gZdhhl_]h\_k_evyg_hklZehkvbke_^Zklhbeh_fmmkeurZlvke_^mxsb_keh\ZFboZbeZ k\_l_ij_^klhys_]hkh[ulbyPRQDPLlu^he`_gh[gZjh^h\ZlvnZdlk\h_c`_gblv[uYg_fh]m ^himklblvqlh[ugZj_imlZpbx[m^ms_cdgy]bgb=hjqZdh\hce_]eZohlvfZe_crZyl_gv j_rbl_evghaZdhgqbehg @xeblbohZogmeZZR_oh\kdhc\kdhqbekdj_keZbaZf_lZekyihdhfgZl_ZihlhfhklZgh\bekym hdgZbaZimklb\iZevpu\ahehlbklu_dm^jb^he]hfheqZ\abjZegZmebpmhlijhreb^\h_ klm^_glh\ay[dhdmlZykv\lhgdb_rbg_eb\hl^\hjgbdkihjhhjm^myehiZlhcjZkqbsZe aZkuiZgguckg_]hfljhlmZj\hlebohijhg_kkydjuluc\hahdaZijy`_gguc\_ebdhe_ighcljhcdhc k_juo\y[ehdZojukZdh\ LuihgbfZ_rvhq_fijhkbrvf_gy"ihljyk_gghijhbag_kIZ\_eih\_jgm\rbkvebphfd FboZbem Ij_djZkghihgbfZxPRQDPLGhkdZg^Ze\\Zr_f[eZ]hjh^ghfk_f_ckl\_]jy^_l\ex[hfkemqZ_ \_^vlZd"G_emqr_ebk_cqZkjZajm[blvk_c]hj^b_\ma_e"kihdhcghihbgl_j_kh\Zeky=hjqZdh\ BdZdluij_^eZ]Z_rvwlhk^_eZlv"kfbjb\rbkvkg_ba[_`gufkijhkbeIhev =jZnbgyQ_jgur_\Zmeu[gm\rbkvgZqZeFboZbe\wlmiylgbpm^Z_l[ZeihkemqZxfh_c ihfhe\dbkPDGHPRLVHOOHDhr_e_\hclZflubij_^klZ\brvXebyEv\h\gmdZdk\hxkmijm]m Lum`_mki_eihijhkblv__jmdbmDhr_e_\Z"mkf_ogmekyIZ\_e ?s_g_l^_eZaZ^_j`Zeb_]h\^_j_\g_bK_j]_cEv\h\bq\_jgmeky\klhebpmlhevdh\q_jZ\_q_jhf ymljhfihkeZe_fmaZibkdmkijhkv[hcijbgylvf_gyk_]h^gybhlijZ\exkvdg_fmhl\Zkhlha\Zeky =hjqZdh\ Kihjmg_lPRQDPLlu\k_ij_^mkfhlj_eihdZqZe]heh\hcR_oh\kdhcIhq_fmlu[uelZd m\_j_gqlhykh]eZrmkv" Ihlhfmqlhy[uk^_eZelh`_kZfh_^eyl_[yih`Zeie_qZfbFbr_evKhk\h_cklhjhguh[_sZx ih]h\hjblvkDZl_gbguf G_gm`ghYkZfj_aq_q_fohl_ehl\_lbeIhev k_\j_fyihdZ^ebekywlhlihkmlbj_rZxsbc__km^v[m^bZeh]@xebkb^_eZ\dj_ke_hdheh dZfbgZ[hykvh[jhgblvohlvkeh\hDZaZehkvqlhfm`qbguaZ[uebh__ijbkmlkl\bbghwlh[ueZ ebrv\b^bfhklvIh\_jgm\rbkvdg_cIZ\_emeu[gmeky 0DFKpULHZfgm`ghih^]hlh\blvkybihrblvlZdhc[ZevguclmZe_lqlh[u[e_kdhfk\h_cdjZkhlu uaZlfbeb\k_oijbkmlkl\mxsbo^Zf WlhlZdg_h`b^Zgghlhevdhbkfh]eZ\ufhe\blvXe_gvdZ YihgbfZxqlh\j_f_gbhq_gvfZehghfhbk_kljukm^h\hevkl\b_fihfh]mlZfaZ]h\hjbe Fbr_evh[jZsZykvd@xebM`qlhqlhZljZlblv^_gv]bhgbmf_xljZkkf_yekydgyav Fh]myl_i_jvm\b^_lvkykIhebg"ihbgl_j_kh\ZeZkvXe_gvdZ\a\hegh\Zggh]ey^ygZk\h_]h kmijm]Z ;_amkeh\ghPRQDQJHaZ^mfqb\hhlha\ZekyR_oh\kdhcfuke_gghkhklZ\eyyjZa]h\hjk DZl_gbgufIhoh`_qlhgZwlhljZahlklZ\db_fmg_ba[_`ZlvghFbr_evijZ\k_kljZdgy]bgb =hjqZdh\hcg_fh`_lkqblZlvkyex[h\gbp_cdgyayR_oh\kdh]hWlhm`ijhklbl_gb\dZdb_\hjhlZ �ZbhgkZfaZwlbljb^gyg_\ughkbfhmklZee]Zlvb\u\hjZqb\Zlvky =jZnbgyQ_jgur_\Z\f_kl_k]jZnbg_c;ZjZgph\hc\ayebkvaZ^_ehkg_m_fghcwg_j]b_cH[_^Zfu ihki_rbeby\blvky\^hf[jZlZk]hjZyhlex[hiulkl\Zg_l_ji_ehkv\a]eygmlvgZlmqlhkfh]eZ aZ\h_\Zlvex[h\vdjZkZ\pZR_oh\kdh]h?^\Zq_lZR_oh\kdbomki_eZ\hclb\]hklbgmx^hfZdgyay =hjqZdh\ZgZEbl_cghfdZdHev]ZbDZlbrlhlqZk\ayeb@xebih^k\h_ihdjh\bl_evkl\hdhblh \_dbh[_k_kljuFboZbeZ:e_dk__\bqZkhrebkv\hfg_gbbgZc^yxgmxdgy]bgxR_oh\kdmx kh\_jr_gghhqZjh\Zl_evghcbm`_q_j_aiheqZkZdZj_lZm\habeZ^Zfdihjlgbo_ HklZ\b\kmijm]mgZihi_q_gbbjh^kl\_ggbpFbr_eyIZ\_ehlijZ\beky\jZkiheh`_gb_ihedZ Hlimklb\ba\haqbdZR_oh\kdhc^he]hklhyei_j_^a^Zgb_frlZ[Zfuke_gghijhsZykvk\h_gghc dZjv_jhcHgg_hsmsZegbexlh]hfhjhaZqlh\^jm]h[jmrbekygZklhebpmihke_kbevgh]h kg_]hiZ^Zgbijhgbau\Zxs_]hgZkd\hav\_ljZIZ\_ehlqZygghiulZekyaZklZ\blvk_[yk^_eZlvwlhl ihke_^gbcrZ]khagZ\ZyqlhwlbfgZ\k_]^Zbaf_gblk\hx`bagvJ_rb\rbkvhg[ukljhih^gyekygZ djuevphbju\dhfjZkiZogme^\_jb;ukljh\hc^y\ijb_fgmxdhfZg^bjZihedZR_oh\kdhc �ihijhkbe^_`mjgh]hhnbp_jZi_j_^ZlvDZl_gbgmijhkv[mhijb\ZlghfjZa]h\hj_he]h`^Zlvg_ ijbrehkvKimklyq_l\_jlvqZkZ_]hijb]eZkbeb\hclb �h[juc^_gvIZ\_eGbdheZ_\bq`_klhfij_^eZ]Zyijbk_klvgZqZe:e_dkZg^j:g^j__\bqu ijhkbebhijb\ZlghfjZa]h\hj_KemrZxZk :e_dkZg^j:g^j__\bq\a^hogmeR_oh\kdhcuihfgbl_gZrjZa]h\hjhg_dhcPDGHPRLVHOOH dhlhjhcyh[yaZgk\h_ck\h[h^hc" DZdg_ihfgblv"Dhg_qghihfgxhl\_lbeDZl_gbg Dh]^ZbafhboimlZguoh[tykg_gbcuj_rbebqlhXebyEv\h\gZy\ey_lkyfh_cex[h\gbp_cyg_ klZeZkihijZ\eylvbl_fkZfufkhe]Ze\u^hogmeR_oh\kdhcur_mihfygmlZy^ZfZy\ey_lky fh_c\_gqZghckmijm]hcdgy]bg_cR_oh\kdhc DZl_gbgm^b\e_gghijbih^gye[jh\v IZ\_eGbdheZ_\bquihgbfZ_l_qlh^eyZkkb_hagZqZ_l"uk_cqZkkZfbk\hbfbjmdZfb R_oh\kdhcdb\gme Y\k_]^ZkqblZeZkg_lhevdhdhfZg^bjhfghb^jm]hfihwlhfmfg_[ug_ohl_ehkvqlh[u gh\hklbwlb^hreb^hZkq_j_alj_lvboebplZddZdykh[bjZxkvij_^klZ\blvXebxEv\h\gm klhebqghfmk\_lm\[eb`Zcrmxiylgbpm G_ihgbfZxlbohhlha\ZekyDZl_gbgYiheZ]ZeqlhumfheqZebhnZdl_k\h_c`_gblv[u ^Z[ukhojZgblvdZjv_jmQlh`_gug_ih^\b]ehZki_j_f_gblvj_r_gb_" I_j\h_wlhkijZ\_^eb\hklvihhlghr_gbxdfh_c`_g_Z\lhjh_ZrohjhrbcagZdhfucFboZbe :e_dk__\bq=hjqZdh\k^_eZeij_^eh`_gb_k_klj_@xebbihlhfmyg_bf_xijZ\Zb^Zevr_ mlZb\ZlvnZdl\_gqZgbyg_gZghkyms_j[Zj_imlZpbbg_\_kludgyay=hjqZdh\Z DZl_gbgfheqZehq_flhaZ^mfZ\rbkvbihklmdb\ZymdZaZl_evgufiZevp_fihklhemFheqZgb_ aZlygmehkv :e_dkZg^j:g^j__\bqy\k_ihgbfZxaZ]h\hjbeR_oh\kdhcg_\ug_ky]g_lms_clbrbgub ih^ZfjZihjlh[hlklZ\d_k_]h^gy`_ G_lhjhibl_kvkjZihjlhfIZ\_eGbdheZ_\bqih^gye]heh\mDZl_gbgb\ay\khklheZ dhehdhevqbd\ua\Ze^_`mjgh]h Ih^]hlh\vl_jZaj_r_gb_gZ[jZddgyayR_oh\kdh]hb^_\bpuDhr_e_\hcXebbEv\h\gu gZihfgbl_dZfg_dh]^Zuh[jZsZebkvaZjZaj_r_gb_f" hkvfh]hghy[jy\ufhe\beihjZ`_ggucR_oh\kdbc hlwlm^ZlmbmdZ`_fmeu[gmekyDZl_gbg Ghu`_j_rbl_evghhldZaZebfg_lh]^Zg_m^_j`ZekyIhev Mf_gy[uebgZlhijbqbguZgug_ykqblZxqlh\]hkm^Zjkl\_gguobgl_j_kZog_bf_xijZ\Z jZa[jZku\Zlvkylhedh\ufbhnbp_jZfb Yg_kf_egZ^_ylvky]hehkR_oh\kd]h^jh]gmehl\heg_gby;eZ]h^ZjxYgbdh]^Zg_aZ[m^m lh]hqlhu^eyf_gyk^_eZeb YgZ^_xkvIZ\_eGbdheZ_\bqu^_eZfbk\hbfbb[_amij_qghckem`[hc^hdZ`_l_qlhy[ue ijZ\ihklmiZylZd\hij_db\he_Zr_]hjh^bl_ey Fuke_gghm`_ijhklb\rbkvkhkem`[hcIZ\_egbdZdg_h`b^Zeqlh:e_dkZg^j:g^j__\bqihc^_l _fmgZ\klj_qmha\jZsZykv^hfhchgg_kdhevdhjZai_j_qblZekeh`_gguc\q_l\_jhebkl[mfZ]b jZaj_r_gb_gZ[jZdrlZ[kdZiblZgZR_oh\kdh]hb^_\bpuDhr_e_\hcXebbEv\h\guih^ibkZggh_ ]_g_jZeZ^txlZglhfDZl_gbgufHliZeZ\kydZyg_h[oh^bfhklvlZblvkyhldh]h[ulhgb[uehHl_p [m^_l\yjhklbmkf_ogmekyR_oh\kdhcGh_fm\_^vg_\i_j\hc\klj_qZlvijbiZ^db^mjgh]h gZkljh_gbyjh^bl_eyebphfdebpm Xey\_jgmeZkv^hfhcdh]^ZgZmebpZoI_l_j[mj]Zm`_kf_jdZehkvIhe^gyhgZijh\_eZ\kZehg_ fh^bkldbGZ^haZf_lblvqlhwlbljbqZkZhdZaZebkvkZfufbmlhfbl_evgufbIhqlb^\ZqZkZ_c ijbrehkvklhylvijZdlbq_kdbg_ih^\b`ghihdZPDGDPb__ihfhsgbpZkgbfZebf_jdb=heh\ZreZ djm]hfhllh]hkdhevdh\ZjbZglh\^ey[Zevgh]hlmZe_lZ_c[uehij_^eh`_gh]eZaZojy[behhl h[bebyhlj_ah\\k_\hafh`guojZkp\_lhdbnZdlmjuIhkh\_lmHev]b@xeb\u[jZeZZeucr_ed lhgdbcbfy]dbcdhlhjucihaZfukemfh^bkldb^he`_g[ueij_\jZlblvky\qj_a\uqZcghkf_eh_b wnn_dlgh_ieZlv_AZkjhqghklvjZ[hluPDGDP[ueZh[_sZgZ^\hcgZyhieZlZbohaycdZkZehgZ aZ\_jbeZlblmeh\ZgguoaZdZaqbpqlhg_ijhc^_lbiZju^g_cdZd]hkih`Zdgy]bgyihemqblk\h_ gh\h_ieZlv_ IhijhsZ\rbkvkk_kljZfbFboZbeZXe_gvdZgZijZ\beZkvgZ?dZl_jbg]hnkdmxg_l_ji_ehkv m\b^_lvkykk_kljhcB\k_`_dh]^Ze_]db_kZgbhklZgh\bebkvgZijhlb\ih^t_a^Z@xebihf_^ebeZ \u[bjZykvbagboDZdlhl_i_jvIhebg\klj_lbl__"G_`Ze__lebhlhfqlhihfh]eZ_ch[\_gqZlvky kR_oh\kdbfg_aZlZbeZebh[b^ugZg__aZlhqlh`bagvkeh`beZkvlZdZg_bgZq_"Ghbkdj_ggyy jZ^hklvIhebgijb\b^___g_hklZ\beZf_klZ^eykhfg_gbcK_kljZfhq_gvohl_ehkvih]h\hjblv �gZ_^bg_gh\_a^_kmsZyhddbgbdZdg_ohl_eZhklZ\blvboh^gboXeylZdbg_kfh]eZjZkkdZaZlv IhebghlhfdZd_c`behkv\k_wlh\j_fyIhijhsZ\rbkvkjh^gufbhgZhlijZ\beZkv^hfhc Q_j_aljb^gyihke_lh]hdZdFboZbehlhkeZegZ?dZl_jbg]hnkdmx[md_lkaZibkdhc\klhebpm ijb_oZeK_j`KemrZy\hklhj`_ggucjZkkdZaIhebghk\Zlh\kl\_dgyay=hjqZdh\ZDhr_e_\fheqZe aZ^mfqb\h]ey^ygZIhebgmZihlhfhklZ\b\\klhjhgm[hdZek[j_g^bg_kdhevdhhklm^beiue k_kljuh^gbf_^bgkl\_gguf\hijhkhf M\e_q_gb_dgyayfg_g_ljm^ghihgylvghqlhlukZfZqm\kl\m_rvdg_fmIhebg"Qlh^eyl_[y _klvwlhk\Zlh\kl\hihiuldZbkp_eblvmya\e_ggh_kZfhex[b_bebg_qlh[hevr__" Meu[dZbkq_aeZkebpZ^_\mrdbHimklb\]eZaZIhebgZ\a^hogmeZ Luohq_rvagZlvex[exeby_]h" G_agZxK_j`G_agZxFg_dZaZehkvqlhyex[exIZ\eZGbdheZ_\bqZyp_euc]h^f_qlZeZh \klj_q_kgbfb\f_qlZok\hbogbq_]hgZk\_l_g_`_eZeZ[he__q_fklZlv_]hkmijm]hcghhg ij_^ihq_efg_^jm]mxbg_dh]hgb[m^vZfZeurdm@xebdhlhjmxfuklh[hcbg_\hkijbgbfZeb �\k_jv_aZfg_[uehhq_gv[hevgh^mrZ[he_eZlZdqlhdZaZehkvygbdh]^Zg_kfh]mhijZ\blvkyhl wlhc[hebgbdh]^Z[he__g_kfh]m\a]eygmlvg_lhqlhgZg_]h\hh[s_gZex[h]hfm`qbgm dZdhclhfhf_gly^Z`_]j_rguf^_ehf^mfZeZihke_^h\Zlvijbf_jmfZlmrdb]jmklgh meu[gmeZkvhgZ:ihlhflugZr_e@xebykemrZeZ__jZkkdZahlhfdZdhgZihreZ\mqZklhdb ihgbfZeZqlhijb\k_\k_cex[\bdg_fmgbdh]^Z[ug_j_rbeZkvgZlZdh_LZdex[beZeby_]h" Bebyijhklhijb^mfZeZk\hxex[h\v"Ghk_cqZkybgZq_kfhljxgZ\k_M`emqr_imklvf_gy ex[ylq_fykZfZ[m^mfmqblvkyhl[_ahl\_lgh]hqm\kl\ZFg_gjZ\blkyFbr_evghyg_ G_ex[brv_]haZdhgqbeK_j]_cIhebg[jZdwlhgZ\kx`bagvuk@xeb[uebkebrdhf fZeuqlh[uihgbfZlvlhqlhijhbkoh^beh\gZr_ck_fv_GZrZfZlvgbdh]^Zg_ex[beZhlpZb \kihfgbq_fwlhdhgqbehkvYijhrml_[yg_ki_rblvbohjhr_gvdhih^mfZlvgZ^l_fqlhlu kh[bjZ_rvkyk^_eZlv Ihfhe\dZwlh_s_g_\_gqZgb_mijyfhih^`ZeZ]m[uIhebgZIhlhfmijhrml_[ydh]^Z_]h kbyl_evkl\hdgyav=hjqZdh\ijb^_ldl_[_ijhkblvfh_cjmdblu^Zrvk\h_kh]eZkb_ Qlh`dZdkdZ`_rvih^gyekykdj_keZDhr_e_\KihdhcghcghqbIhebgqfhdgmehg\s_dm k_kljmbhlijZ\beky\kiZevgx]^__]h`^ZeZ`_gZ DZdbh[_sZek_klj_Dhr_e_\\klj_lbeFboZbeZjZ^mrghb^Z\Zykh]eZkb_gZ_]h[jZdkIhebghc \udZaZejZ^hklvhllh]hqlh\kdhjhf[m^ms_fkfh`_lihjh^gblvkyk_]hk_fv_cFboZbe :e_dk__\bqijbg_kijb]eZr_gbygZ[Zeqlh[m^_l^Zg\iylgbpm\^hf_]jZnZQ_jgur_\ZgZ �NhglZgd_gZbfykZfh]hK_j`ZhddbbIhebgZlZd`_aZ\_jbe[m^msbojh^kl\_ggbdh\qlhebqgh khh[sblk_klj_hlhfqlhhgb[m^mlijbkmlkl\h\Zlv Dk\h_fmi_j\hfm[Zem\jhebdgy]bgbR_oh\kdhc@xeb]hlh\beZkvkh\k_clsZl_evghklvxHgZg_ i_j_`b\ZeZlZd^Z`_i_j_^k\hbfi_j\uf\uoh^hfgZkp_gmH^gZdhihdZLZky^h[e_kdZ jZkq_ku\ZeZ__r_edh\bklu_dm^jb_c\]heh\mijbreZij_aZ[Z\gZyfukevqlh_kebhlg_klbkvd wlhfmdZddbkiheg_gbxjheb"HgZijhklhku]jZ_ljhevdgy]bgbb\k_Dhg_qghmg__g_laZjZg__ gZibkZgguoj_iebdbebkp_gZjbyiv_kuih^gZa\Zgb_fIj_^klZ\e_gb_klhebqghfmh[s_kl\m fheh^hcdgy]bgbR_oh\kdhcgh^mfZyhij_^klhys_fdZdh[b]j__c[m^_ldm^Ze_]q_j_rblvky \uclb\k\_lJZkq_kZ\m`_qmlvhljhkrb_gh\k__s_dhjhldb_ehdhguLZkyaZf_jeZ\ g_j_rbl_evghklbg_agZydZdmxijbq_kdmfh`ghkhhjm^blvIhgy\__aZf_rZl_evkl\h@xeb ba\e_deZbareyighcdhjh[dbjhkdhrgh_wkijbbakljZmkh\uoi_jv_\\udjZr_gguo\lhg__ [ZevghfmlmZe_lm=hjgbqgZyZddmjZlghaZdj_ibeZmdjZr_gb_q_j_iZoh\uf]j_[g_fHkfhlj_\k_[y \a_jdZehXe_gvdZhklZeZkv^h\hevgZheg_gb_ijb^Zeh__s_dZfyjdbcjmfyg_pl_fgu_]eZaZ \ha[m`^_ggh[e_kl_eb\mrZodjZkh\Zebkvg_[hevrb_`_fqm`gu_k_jv]bZgZr__[uehdhev_ ih^Zj_ggh__ckmijm]hfgZJh`^_kl\hGZlygm\i_jqZldbbaq_jgh]hdjm`_\Zb\ay\jmdbq_jguc djm`_\ghc\__j@xebmeu[gmeZkvk\h_fmhljZ`_gbxb\ureZbakiZevgb IZ\_eh`b^Zekmijm]m\]hklbghcb_^\Zih^gy\]eZaZaZf_j:eh_ieZlv_gZihfgbeh_fmi_j\mx \klj_qmkPDGHPRLVHOOH;ukljbpdhcgh\hlebqb_hllh]h\mev]Zjgh]hb^_rz\h]hgug_rgbc lmZe_lkrblucki_pbZevgh^eywlh]hkemqZydZdg_evayemqr_ih^q_jdb\Ze\k_^hklhbgkl\Z k\hboe_lb\h\k_g_ijhba\h^beZ\i_qZle_gb_g_bkdmr_gghc^_\bpuKdhj__gZh[hjhlhgZklZeZ jhdh\hcdjZkZ\bp_cbaaZdhlhjhcjZah[v_lkyg_h^ghfm`kdh_k_j^p_bi_j\uf\hafh`gh[m^_l _]hkh[kl\_ggh_ QlhkdZ`_l_PRQFKHU"dhd_leb\h\afZogmeZ\__jhfhgZ Mf_gyg_lkeh\km^Zjugyih^ghkyd]m[Zflhgdb_iZevqbdbhlha\ZekyIhevg_\kbeZohl\_klb hlg__\a]ey^Z ;Zemkljh_gguc]jZnbg_cQ_jgur_\hckm^yih\k_fm^he`_g[uebf_lv]jZg^bhagucmki_o Hev]ZkhqZjh\Zl_evghcmeu[dhcijb\_lkl\h\Z\rZy]hkl_c\f_kl_khk\hbfkmijm]hf\ g_l_ji_eb\hfh`b^Zgbbg_k\h^beZ]eZak\oh^ghc^\_jbGm]^_`_hgb"[beZkv\]heh\_ g_hlklmigZyfukevG_evayh[ty\blvhihfhe\d_Fbr_eyihdZfheh^hcdgyavR_oh\kdhcg_y\bl I_l_j[mj]mk\hxkmijm]mGZdhg_p\\_klb[xe_f_evdgmeZk\_lehjmkZyr_\_exjZIheybh]g_ggh djZkguclmZe_l@xebu^hogm\kh[e_]q_gb_f]jZnbgyihki_rbeZgZ\klj_qm\gh\vijb[u\rbf GmgZdhg_plhIZ\_eGbdheZ_\bqr_igmeZhgZihdZIhevih^ghkbed]m[Zf__gZ^mr_ggmx fbgbZlxjgmxjmqdmYm`[hyeZkvui_j_^mfZeb Y[uekh\k_fg_^Ze_dhlwlhcfukebHev]Z:e_dk__\gZmeu[gmeky\hl\_lR_oh\kdhcm\b^_\ lmZe_lk\h_ckmijm]b\u[jZggucZrbfbklZjZgbyfb 9RXVrWHVLQFRUULJLEOHSROLVVRQ3DXO ug_bkijZ\bfucih\_kZIhev\frmleb\hoehigmeZ\__jhf ihahehlhfmwihe_lm_]hiZjZ^gh]hfmg^bjZHev]Z IhdZIZ\_eijb\_lkl\h\Ze__kmijm]ZHe_gvdZgZdehgb\rbkvd@xeb\ljZ^bpbhgghfihp_em_ r_igmeZgZmohg_fgh]hjZkl_jy\r_ckydgy]bg_ uhke_ibl_evgu^hjh]ZyJmqZxkvk_]h^gyfumkeurbfa\hgg_h^gh]hjZa[b\r_]hkyk_j^pZ Y\h\k_g_aZwlbfa^_kvlbohhl\_lbeZ@xebjh[dhmeu[Zykv\hl\_l IheghZfG_dZylhebdZj_\ghklbR_oh\kdhfmihc^_llhevdhgZihevammkf_ogmeZkvHe_gvdZ M`ih\_jvl_fh_fmg_fZehfmhiulmOhlbl_m^_j`Zlvfm`Zih^e_k_[ygZ^he]haZklZ\vl__]h j_\gh\Zlvghg_i_j_mk_j^kl\mcl_ Dgyavbdgy]bgyR_oh\kdb_]jhfdhh[ty\bep_j_fhgbcf_ckl_j Ih[ZevghcaZe_ijhdZlbeky\a\hegh\Zggucjhihl=hklbkgZqZeZ[jhkZebg_^hmf_\Zxsb_\a]ey^u gZjZg__ijb[u\rboGbdheZyFZl\__\bqZbKhnvx:g^j__\gmZihlhf\uly]b\Zebr_bqlh[u ihemqr_jZkkfhlj_lviZjmaZf_jrmx\^\_jyo[Zevgh]haZeZGbdheZcFZl\__\bqihklZ\be[hdZek g_^hiblufrZfiZgkdbfgZih^ghkijhoh^ys_]hfbfheZd_yih^o\Zlbeih^jmdmkmijm]mbih^ \hijhkbl_evgufb\a]ey^Zfb^\bgmekygZ\klj_qmkugmbg_\_kld_ Ygbq_]hg_ihgbfZxr_igmeZfm`mKhnvy:g^j__\gZ QlhZfg_ihgylghPDFKpULH"oheh^ghmeu[gmekydgyavZrfbeucfZevqbd\ujhk`_gbeky \hij_dbhlph\kdhc\he_Zl_i_jv\u[jZe[_kijhb]jurgucfhf_glqlh[uy\blvfbjmk\hxkmijm]m Meu[Zcl_kv`_gZgZkkfhljylke_]dZk`ZehgaZiyklv_kmijm]b Khnvy:g^j__\gZ\h\k_]eZaZjZkkfZljb\ZeZk\hxg_\_kldmQlhbkdZaZlv_^\ZaZf_lghdZqgmeZ hgZ]heh\hcbgh]hhlIZ\eZljm^gh[uehh`b^ZlvQlhlhg_meh\bfhagZdhfh_[ueh\gZ^f_gghf \a]ey^_djZkZ\bpu\aZ]Z^hqghcihemmeu[d_\]hj^hcihkZ^d_]heh\ughkdhevdhgbkbebeZkv dgy]bgyijbihfgblv]^_hgZfh]eZ\b^_lv^_\mrdmiZfylv__hdZaZeZkv]emoZK^_eZ\\b^qlh agZdhfZk`_ghckugZKhnvy:g^j__\gZh^ZjbeZfheh^uobkdj_gg_cmeu[dhc IZ\_egZdehgbe]heh\m\agZdkh]eZkby IjbdZah[hlklZ\d_m`_]hlh\"BeblukZfjZihjlih^Ze"g_\hafmlbfhihbgl_j_kh\ZekymkugZ GbdheZcFZl\__\bqih^ghkyd]m[Zfjmdmg_\_kldb �mfZxy_s_ihkem`mhl_q_kl\moheh^ghmeu[gmeky\hl\_lIhev JZa]h\hjk_cijh^he`blvg_m^ZehkvihlhfmdZd_^\Zebg_\k_ijbkmlkl\mxsb_mklj_fbebkvd klZjrbfbfeZ^rbfR_oh\kdbfkiha^jZ\e_gbyfbbih`_eZgbyfbkqZklvyb^he]boe_lfheh^uf Kj_^bih`_eZ\rboaZk\b^_l_evkl\h\Zlvk\h_ihql_gb_[ueb]jZnE_\Zrh\Ih^g_kyjmdmfheh^hc dgy]bgbd]m[ZfK_j]_c:e_dkZg^jh\bqaZ^_j`ZefZe_gvdmxeZ^hrdm\k\h_cjmd_ Fhbiha^jZ\e_gbyXebyEv\h\gZmeu[gmekyhgHq_gvjZ^aZZk uagZdhfu"m^b\e_ggh\a^_jgme[jh\vR_oh\kdhch[f_gy\rbkvk]jZnhfjmdhih`Zlb_f Ybf_ekqZklv_[ulvij_^klZ\e_ggufZr_chqZjh\Zl_evghckmijm]_IZ\_eGbdheZ_\bqdh]^Z ^hklZ\beZr_ibkvfh\^hfdgyay=hjqZdh\Zke_]dZgZdehgb\]heh\mhl\_lbeE_\Zrh\Ijbfbl_ fhbiha^jZ\e_gby ;eZ]h^Zjx^h\hevghj_adhhl\_lbeR_oh\kdhcaZf_lb\\hkobs_gguc\a]ey^E_\Zrh\Z h[jZs_ggucd@xeb G_mki_ebklbogmlvjZa]h\hju\ua\Zggu_`_gblv[hcR_oh\kdh]hfeZ^r_]hdZd]jhfhfkj_^b ykgh]hg_[Z]jygmehh[ty\e_gb_hihfhe\d_dgyay=hjqZdh\Zk[_kkihjghcnZ\hjbldhck_ahgZ PDGHPRLVHOOHDhr_e_\hcgh\vihkuiZebkviha^jZ\e_gbybih`_eZgbykqZklvyghm`_Fbr_exb Ihebg Hev]Zdb\gmeZjZkihjy^bl_exbih_]hagZdm[ZegZqZeky\_ebq_kl\_ggufihehg_ahfXey klZjZeZkv^_j`Zlvkyih[eb`_dfm`mqm\kl\myk_[yg_eh\dh\h[s_kl\_f]gh\_gghhdjm`b\rbo__ \hklhj`_gguoihdehggbdh\;ZevgZydZjlhqdZfheh^hcdgy]bgb[ukljhhdZaZeZkvaZiheg_gghc h^gZdhIZ\_emki_e\ibkZlvgZijhlb\i_j\h]h\ZevkZk\h_bfyZ\lhjhc\Zevk^hklZeky]jZnm E_\Zrh\m Ihevlboh[_k_^h\Z\rbckh\a\hegh\ZgghcfZl_jvxh]ey^_eaZe\ihbkdZo`_gublhlqZkaZf_lbe Zeh_ieZlv_f_evdZ\r__\djm]mlZgpmxsboiZjDZde_]dhhgZkdhevabeZihiZjd_lm\h[tylvyo fheh^h]h]jZnZdZdhchqZjh\Zl_evghcmeu[dhcmeu[ZeZkv_fm �XebyEv\h\gZyihjZ`_glbohaZf_lbeE_\Zrh\mfZx\wlhfaZe_\k_fm`qbgugugq_ aZ\b^mxlZr_fmkmijm]m IheghZfK_j]_c:e_dkZg^jh\bqmeu[gmeZkv\hl\_l@xebFg_[_kkihjghijbylgh keurZlvwlhghuemdZ\bl_ Dhg_qghk_jv_aghhlha\ZekyK_j`Y^he`_g[ue\ujZablvkybgZq_wlhfaZe_g_lgbh^gh]h fm`qbgudhlhjuc[ug_`_eZehdZaZlvkygZf_kl_Zr_]hkmijm]ZB\k_`_yjZ^qlhIZ\_e GbdheZ_\bqijbgyeijZ\bevgh_j_r_gb_^hklhcgh_hnbp_jZ YhldjhxZflZcgmdhlhjZykgug_rg_]h\_q_jZm`_g_lZcgZlbohhl\_lbeZ@xebFuk IZ\ehfGbdheZ_\bq_fh[\_gqZebkv_s_^h_]h\ha\jZs_gby\I_l_j[mj] :o\hldZdhlha\ZekyE_\Zrh\OhlyyihgbfZx_]h Klboebihke_^gb_Zddhj^ubE_\Zrh\ohlybg_`_eZejZkklZ\Zlvkykg_c\uihegbeijhkv[m@xeb bijh\h^be__d[jZlmmdhlhjh]hdgy]bgyR_oh\kdZyiulZeZkvhklhjh`gh\ukijhkblvih^jh[ghklb \_gqZgbyk\h_]h_^bgkl\_ggh]hkugZk_]hk_kljhck_lmygZlhqlh_cg_^h\_ehkvmkljhblviurgmx ha\jZsZykv^hfhcihemkhggZy@xebiheh`beZ]heh\mgZie_qhk\h_]hkmijm]ZgbfZehg_ aZ[hlykvhlhfqlhkfyehkvrbdZjgh_wkijbijbdhehlh_d__ijbq_kd_ Wlh[ueh\hkoblbl_evghlbohgvdh\a^hogm\aZf_lbeZhgZYgbdh]^Zklhevdhg_lZgp_\ZeZb l_i_jvfg_dZ`_lkyqlhklhbl^h[jZlvky^hdjh\ZlbbyijhkiexbhklZlhdghqbb\_kvke_^mxsbc ^_gv jy^ebwlhZfm^Zklky?kebug_aZ[uebgZkaZ\ljZh`b^Zxlk\bablhfoheh^ghhlha\Zeky R_oh\kdhc\kihfbgZydZdhgZdjm`beZkv\\Zevk_\h[tylvyoE_\Zrh\Z:\_^vbdZ^jbevhgZlh`_ lZgp_\ZeZk]jZnhf?fm\kihfgbeky[ukljuch[f_g\a]ey^Zfbbkdj_ggbckf_ofZgysZymeu[dZ b\k_wlh[uehZ^j_kh\Zghg__fmQlhm`]j_oZlZblv]jZnE_\Zrh\bohjhrkh[hcbmf__l ijhba\_klb\i_qZle_gb_k_j^p_r_\_evgmeZkvj_\ghklv @xebe_]dhmeh\b\\_]h]hehk_ijhoeZ^gu_ghldbhlgyeZ]heh\mhl_]hie_qZb\uijyfb\rbkv hlh^\bgmeZkvdhdgmIZ\_elhlqZkih`Ze_ehk\hbokeh\ZoLZdijbylgh[uehhsmsZlv__l_ieh jy^hfly`_klvij_e_klghc]heh\dbgZk\h_fie_q_lhgdbcZjhfZlnbZedbbkoh^ysbchl__\hehk Hgohl_edZdlhba\bgblvkyghih^oh^ysbokeh\g_gZrehkv R_oh\kdb_fheqZih^gyebkv\d\ZjlbjmIh`_eZ\kmijm]m^h[jhcghqb@xeb\hreZ\k\hx kiZevgxaZdjueZ^\_jvbijb\ZebeZkvdg_ckibghcE_`Z\k\h_cihkl_ebIZ\_elbohq_jluogmeky @xebxgZygZb\gZy^_\hqdZdZdhchgihfgbe__m`g_[ueZ[he__lZdh\hcHgZkebrdhf[ukljh mjZamf_eZdZdfh`_l^hkZ^blv_fmij_djZkghagZyqlhhgg_hkf_eblkygZklZb\ZlvgZk\hbo kmijm`_kdboijZ\ZoHgg_ijb\udijhkblvZhgZh[b^_eZkvbgZdZaZeZ_]h_^bgkl\_gguf ^hklmiguf_ckihkh[hfebrb\lh]hq_]hhgklhevkbevgh`_eZe\_kv\_q_jijh\h`Zy__j_\gb\uf \a]ey^hf GZke_^mxsbc^_gvfheh^hcdgyavR_oh\kdhc\f_kl_kkmijm]hcdZdbh[_sZefZl_jby\beky\ hkh[gydgZK_j]b_\kdmxmebpmdqZxkyk_fvykh[jZeZkvaZklhehf\fZehcklheh\hcKb^y\h ]eZ\_klheZGbdheZcFZl\__\bq\i_jbely`_euc\a]ey^\fheh^uo Gmqlh`kh\_l^Zex[h\vdZd]h\hjblkygZqZehg ;eZ]h^ZjxiZi_gvdZmkf_ogmekyIhev YiheZ]ZxgZrbklh[hcjZagh]eZkbyhlgug_kfukeZg_bf_xlb^Z[ug_lj_iZlvnZfbebxemqr_ \k_]h[m^_l_kebluk`_ghci_j__^_rvkx^Zijh^he`beGbdheZcFZl\__\bqg_]ey^ygZk\hx g_\_kldm HagZqZ_lebwlhqlhhlgug_ug_klZg_l_qbgblvij_iylkl\bcgZr_fmkXeb_cEv\h\ghc[jZdm" ihbgl_j_kh\ZekyIZ\_e IhfbemcdZdb_fh]ml[ulvij_iylkl\by"Iha^gh\hjhlZaZibjZlvlhmkf_ogmekydgyavGbdheZc &#xu;&#xk;&#xm^;&#xZj;&#xug;&#xy;&#xq;&#xlh;&#x`;&#xhe;&#xqb;&#xl_;&#x";&#x;&#xh[;&#xjZ;&#xlb;&#xek;&#xy;&#xhg;
&#x@;&#xxe;&#x;�GmZukm^Zjugyqlh`fheqbl_"h[jZlbekyhgd@xebh\hevguih^bdZd\k_^eyZk h[_jgmehkv" Xe_gvdZg_h`b^Z\rZygbq_]hih^h[gh]hbkim]Zggh\a^jh]gmeZghlhlqZk\ayeZk_[y\jmdb\_^v R_oh\kdhclhevdhlh]hb^h[b\Z_lkyqlh[uhgZhlkljZoZ^Zjj_qbihl_jyeZ ;_amkeh\ghZr_kbyl_evkl\hh[jhgbeZhgZihf_rb\Zyeh`_qdhcqZcFg_]j_o`Zeh\ZlvkygZ lhdZdkbyVLWXDWLRQ^eyf_gyjZaj_rbeZkv GmbgmZZfXebyEv\h\gZhlgx^vg_qm`^^moZ\ZglxjbafZDZdhclhgdbcZ]eZ\gh_\_jguc jZkq_l^eylZdhcfheh^hc^_\mrdbaZf_lbeGbdheZcFZl\__\bq Fg_ijbrehkv[ukljhih\ajhke_lvoheh^ghmeu[gmeZkvhgZg_hl\h^y]eZa IZ\_ebamfe_ggh\haajbekygZkmijm]mHgijb]hlh\bekyaZsbsZlv__hlgZiZ^hdhlpZghhgZb kZfZgbkdhevdhg_kfmsZykv[e_klys_iZjbjh\ZeZ_]hlhgdb_keh\_kgu_mdheu KdZ`bl_@xebZ]^_uihagZdhfbebkvkIZ\ehfGbdheZ_\bq_f"_^vujh^hfbaijh\bgpbb dZdfg_kdZaZebihbgl_j_kh\ZeZkvFZjb^hwlh]hkb^_\rZyg_jZkdju\ZyjlZ IZ\_eGbdheZ_\bq\ijhrehf]h^m[ue\BevbgkdhfbqZklhaZ_a`ZedgZf\Dmavfbgdbih khk_^kdbmkf_ogmeZkvXe_gvdZjZkkeurZ\j_\gb\u_ghldb\]hehk_dmabguIhey ;ueh^_ehdb\gme]heh\hcIhevFu_s_bf_ebm^h\hevkl\b_h[km^blvkZfbjhfZgImrdbgZ ?\]_gbcHg_]bg uihfgbl_"aZebeZkvjmfygp_f@xeb JZa\_yfh]maZ[ulv"meu[gmekyIZ\_e YkfhljxmZkfgh]hh[s_]hya\bl_evghaZf_lbeklZjucdgyav �h\hevghPRQFKHUFug_aZwlbfkh[jZebkva^_kvfy]dhaZf_lbeZKhnvy:g^j__\gZIhev @xebih\_jgmeZkvhgZdkugmbg_\_kld_GbdheZcFZl\__\bqijZ\Zr_\q_jZrg__klhev wnn_dlgh_ihy\e_gb_\^hf_Q_jgur_\uo_s_^he]h[m^ml\kihfbgZlvbihlhfmgZfemqr_ ^_j`Zlvky\k_f\f_kl_ udZd\k_]^ZijZ\ufZf_gvdZmeu[gmeky\hl\_lIZ\_e YiheZ]ZxZfemqr_aZgylvx`gh_djueh^h[Z\beZdgy]bgy Ihevdb\gmekh]eZrZykvFZlvbf_eZ\\b^m_]hij_`gb_dhfgZluddhlhjufijbfudZeZ g_[hevrZy]hklbgZybkf_`gZykg_ckiZevgy\u^_j`ZggZy\g_`gh]hem[uolhgZoqlhdZdjZa ih^hc^_l_]h`_g_ Keh\ghly`dbc]jmak\Zebekykie_qHl_p_kebbg_kfbjbekyk_]h`_gblv[hcgh\k_`im[ebqgh ijbagZeg_\_kldmL_i_jvfh`gh[ueh\a^hogmlvk\h[h^ghm`hq_gvfgh]hg_ijbylguofhf_glh\ kjZamhklZebkv\ijhrehfjy^eb@xebl_i_jvihij_dg_l_]h[_a^mfgufbljZlZfbbebk\hbf h^bghq_kl\hfFh`_l[ulvFZjbhlgug_khklZ\bl_cdhfiZgbx^mfZeR_oh\kdhc\ha\jZsZykv\ d\ZjlbjmgZFhjkdhckl_fqlh[uijh\_klblZfihke_^gxxghqvi_j_^i_j__a^hf =eZ\Z Ihke_i_j__a^Z\hkh[gydR_oh\kdbogZK_j]b_\kdhcIZ\_ekm^h\hevkl\b_f\_jgmekydijb\uqghc `bagb^_eZkem`[uihk_s_gb_n_olh\Zevghcklm^bbbfZg_`Z^Z[u^_j`Zlvk_[y\ohjhr_c nhjf_Dm^Zly`_e__ijbrehkvXe_gvd_g_mki_eZhgZmkljhblvky\d\Zjlbj_gZFhjkdhcdZd\ky __gZeZ`_ggZy`bagvaZdhgqbeZkvb_keblZfhgZ[ueZohaycdhclhlmlGbdheZcFZl\__\bqbg_ iulZekykdju\Zlvk\h_]hg_h^h[j_gbydba[jZggbp_kugZZKhnvy:g^j__\gZohlvb[ueZ^h[jZb ijb\_leb\Zkg_\_kldhcghdm^Z[hevr_\gbfZgbym^_eyeZFZjbdhlhjmxkZfZijb\_aeZ\^hf\ gZ^_`^_aZbgl_j_kh\Zlv_xIZ\eZbihwlhfmqm\kl\h\ZeZk_[yi_j_^g_x\dZdhclhf_j_\bgh\Zlhc FZjb`__s_k^_lkl\Z\ex[e_ggZy\Iheybihke_ijb]eZr_gbydgy]bgbR_oh\kdhc\hahfgb\rZy k_[yihqlbg_\_klhck_cqZkqm\kl\h\ZeZk_[yhkdhj[e_gghc\emqrboqm\kl\Zobg_ijhimkdZeZ kemqZyijh^_fhgkljbjh\ZlvwlhkZfha\Zgd_dZdhgZijhk_[ygZau\ZeZ@xeb x`ghfdjue_^hfZ[ueg_[hevrhcfmaudZevguckZehgbh^gZ`^ukemqZcghaZ]eygm\\dhfgZlm baqbklh]hex[hiulkl\ZXe_gvdZkl_oihjklZeZqZklh[u\Zlva^_kvFmaudhc\DmavfbgdZokg_c bIhebghcaZgbfZeZkvEZjbkZ:nZgZkv_\gZgh_kebIhebgZkm^h\hevkl\b_fqZkZfbijhkb`b\ZeZaZ ijbkmlkl\bbEv\Z:e_dk__\bqZhgZaZgbfZeZkvkm^h\hevkl\b_fklZjZykvihjZ^h\ZlvhlpZDZd`_ l_i_jv`Ze_eZhgZqlhaZ[jhkbeZfmaudmihke__]hkf_jlbdh]^Zg_eh\dbfbiZevpZfbiulZeZkv ZddhfiZgbjh\Zlvk_[_kZfhklhyl_evghIjb\e_q_ggZya\mdZfbfmaudb\kZehgaZ]eygmeZFZjbQ_]h [uehg_hlgylvm^_\bpuZe_\kdhclZdwlhij_djZkguokihkh[ghkl_cdfmaud_G_kdhevdhjZa kdjb\b\rbkvdh]^Z@xebk[b\ZeZkvkjblfZbihiZ^ZeZg_gZl_deZ\brbFZjbj_rbl_evgh\hreZ bgZijZ\beZkvdjhyex Fh`ghfg_"meu[gmeZkvhgZ Xeydb\gmeZbih^gyeZkvmklmiZy_cf_klhaZbgkljmf_glhf &#xu;&#xiu;&#xlZ;ë&#xkv;&#x]j;&#xZl;&#xv";&#x;&#xi;&#xhb;&#xgl;&#x_j;&#x_k;&#xh;&#xZe;&#xZk;&#xv;&#x^_;&#xmr;&#xdZ;&#x;&#xaZ;&#x]e;&#xy^;&#xu;&#xZy;&#x;&#xgh;&#xlu;&#x;&#x;&#x:;�QlhwlhuiulZebkvb]jZlv"ihbgl_j_kh\ZeZkv^_\mrdZaZ]ey^u\Zy\ghlu:Zj]hfu`kdbc Ijh[_`Z\]eZaZfbhldjulmxkljZgbqdmFZjbm\_j_ggh\ayeZg_kdhevdhZddhj^h\baZb]jZeZ \klmie_gb_ZXey^h`^Z\rbkvgm`gh]hfhf_glZaZi_eZ fbgmlm`bagbljm^gmx L_kgblkyev\k_j^p_]jmklv H^gmfhebl\mqm^gmx L\_j`mygZbamklv GbdheZcFZl\__\bqg_\hevghhklZgh\beky\^\_jyokZehgZijbkemrb\Zykvdbkiheg_gbx?^\Z klboebihke_^gb_Zddhj^uhgg_kdhevdhjZaoehigme\eZ^hrbijb\e_dZydk_[_\gbfZgb_ ;jZ\hXebyEv\h\gZBebfg_emqr_:gghcZk\_ebqZlv"IjZ\hkm^Zjugyq_femqr_magZx Zkl_f[he__uf_gyihjZ`Z_l__^vhg_s_lh]^Zihl_jyehlZk]heh\mgZ\_q_j_mJZ^abgkdbo ihykgbedgyav\klj_lb\g_^hmf_gguc\a]ey^FZjbFg_[u^mjZdmklZjhfmkjZamwlhihgylvgh yih^mfZeqlhwlh\k_]hebrvhq_j_^gh_fbfhe_lgh_m\e_q_gb_bg_h[jZlbegZg_]hgbdZdh]h \gbfZgbyGZflhevdhZdl_jhd\k_fv_bg_o\ZlZeh G_[m^vl_oZg`hchl_p[jhkbeIZ\_e\oh^y\dhfgZlmZf\_^vgbqlhg_f_rZ_l\h^blv ^jm`[mk]jZnhfR_j_f_l_\ufZf_`l_ffZlv_]h[ueZg_ijhklhZdljbkhcZdj_ihklghcZdljbkhc bZfwlhba\_klghg_om`_q_ffg_ Ijbk_\aZjhyevjy^hfkdmabghcIheve_]dhdhkgmekydeZ\brbgkljmf_glZFZjbmeu[gmeZkv magZ\agZdhfmxf_eh^bxbih^o\ZlbeZk\hxiZjlbxKlZjucdgyavg_^h\hevghih^`Z\]m[u m^Zebeky KemrZybo^mwlXe_gvdZhlhreZdhdgmbhlh^\bgm\dbk_cgmxaZgZ\_kdm\u]eygmeZgZmebpm F_edbcdhexqbckg_]ih^ihju\Zfboheh^gh]h\_ljZij_\jZlbeky\gZklhysmxf_l_evkdju\Zy\ ]mklhc[_ehci_e_g_hq_jlZgby^hfZgZijhlb\HgZay[dhih\_eZie_qZfbg_kfhljygZlhqlh\ dhfgZl_[ueh`ZjdhgZlhie_ghhgZ\^jm]hsmlbeZdZdoheh^guchagh[ijh[_`Zeihkibg_ �H[_jgm\rbkvihkfhlj_eZgZkb^_\rboaZjhye_fkmijm]ZbFZjb\_k\_leu_]heh\ukdehg_ggu_ ^jm]d^jm]mmeu[dZfm`Zh[jZs_ggZyg_dg_cDjZkb\ZyiZjZdhevgmeh\k_j^p_b]ehcj_\ghklb DZde_]dhhgbh[sZxlkyf_`kh[hckjZam\b^ghqlhhgbg_qm`b_^jm]^jm]mbb]jZxl\q_luj_ jmdby\ghg_\i_j\ucjZa\lh\j_fydZd^eykZfhc@xebfm`ihij_`g_fmhklZ\Zeky g_agZdhfp_f �Zfuij_j\Zefmabpbjh\Zgb_Ihevdgyav=hjqZdh\ij_^eZ]Z_lgZfgugq_khklZ\blvdhfiZgbx _fmb_]hg_\_kl_\l_Zlj_ Qm^_kghh`b\beZkvFZjb �mfZxfg_emqr_hklZlvky^hfZg_m\_j_gghmeu[gmeZkv\hl\_lXe_gvdZ =emihklbgZofmjbekyR_oh\kdhcG_evay\kx`bagvdZddmjbpZijylZlv]heh\mih^djueh ugZa\Zebf_gydmjbp_c"lml`_\kdbgmeZkv@xeb Yg_gZa\ZeZkdmjbp_cPDGDPZ\k_]hebrvkkjZ\gbeZr_ih\_^_gb_kih\_^_gb_fwlhc]emihc ilbpumkf_ogmekyIhevJZghbebiha^ghg_lhevdhfhchl_pkhihklZ\bldgy]bgxR_oh\kdmxk :gghc;ukljbpdhcihlhfmZfemqr_m`_k_cqZk[ulv]hlh\hcdlhfmih^oh^ydg_cbh[gbfZy aZie_qbijh^he`beR_oh\kdhc hlm`g_^mfZeZIZ\_eGbdheZ_\bqqlhZrZex[h\vdl_Zljmklhev\_ebdZg_m^_j`ZeZkvhl kZjdZafZFZjb FZr_gvdZih\_jgmekydg_cIZ\_ekf_jb\dmabgmij_^hkl_j_]Zxsbf\a]ey^hfkijyqvl_Zrb dh]hldbZlhg_jh\_gqZkkZfb`_bihjZgbl_kv GhFZjb[uehm`_g_hklZgh\blvJ_\ghklv\dmi_kg_gZ\bklvxdwlhcijh\bgpbZevghc\ukdhqd_ mfm^jb\r_ckyaZihemqblvk_j^p_kZfh]h`_eZggh]hohehklydZ\h\k_fI_l_j[mj]_[md\Zevgh hke_ibeZ__ @xebdZdZyh^gZdhmZkbgl_j_kgZy`bagvg_\bgghoehiZyj_kgbpZfbijh^he`beZhgZ =ey^ygZZkfh`ghj_rblvqlh[eZ]hijbklhcghklvgugq_g_\fh^_bfm`qbgup_gyl\`_gsbgZo kh\_jr_ghbgu_dZq_kl\Z uijZ\uFZjbhlha\ZekyIZ\_e;eZ]hijbklhcghklvihjhcg_\ughkbfh]emiZkdmqgZb gZ\_\Z_lg_\hafh`gmxlhkdmhkh[_gghdh]^ZaZ[u\Z_lhijbebqbyo EbphPDGHPRLVHOOHZe_\kdhclhlqZkihrehg_djZkb\ufbdjZkgufbiylgZfbIh^gy\rbkvk [Zgd_ldbbj_adhaZoehigm\djurdmjhyeyhgZm^ZebeZkvbakZehgZ\ukhdhih^gy\]heh\mk\b^hf hkdhj[e_gghc^h[jh^_l_eb Hllh]hqlhhg\klmibekyaZg__mXebihl_ie_ehgZk_j^p_ohly_cihdZaZehkvqlhhgkebrdhf ]jm[hihklZ\begZf_klhFZjbbwlhhklZ\beh\^mr_g_ijbylguchkZ^hd G_kfhljygZm\_j_gbykmijm]Z\lhfqlh_cg_klhblfmqblvk_[ykljZoZfbbkhfg_gbyfbkh[bjZykv \_q_jhf\l_ZljXeyg_fh]eZg_^mfZlvhlhfqlh__l_ZljZevgh_ijhreh_\ex[hcfhf_glfh`_l klZlvkZfhckdZg^Zevghck\_lkdhcgh\hklvxDZaZehkvklhbl_clhevdhihy\blvky\eh`_=hjqZdh\Z b\g_clhlqZkmagZxlZdljbkmbfi_jZlhjkdh]hl_ZljZ:ggm;ukljbpdmxH[s_kl\hhl\_jg_lkyhl g__Zkmijm]\g_\kydh]hkhfg_gby_s_g_jZaih`Ze__lhlhfqlhk\yaZekg_ck\hx`bagv?_ ^_ckl\bl_evghmagZebgh\h\k_g_kdmqZxsZyim[ebdZqlhehjgbjh\ZeZ^jm]^jm]Zi_j_^gZqZehf ij_^klZ\e_gbyZgljZdl_dbofZe_gvdhcdhfiZgbbih^hr_e=_^_hgh\ IZ\_eGbdheZ_\bqXebyEv\h\gZiha\hevl_iha^jZ\blvZkmeu[gmeky:e_dkZg^jFboZceh\bq ;eZ]h^Zjx:e_dkZg^jFboZceh\bqug_fh]eb[um^_eblvfg_g_fgh]hZr_]h^jZ]hp_ggh]h \j_f_gb"h[jZlbekydg_fmR_oh\kdhc Q_ffh]m[ulvihe_a_gZr_kbyl_evkl\h" Fg_[uohl_ehkvih]h\hjblvkZfbk]eZamgZ]eZa Lh]^Zijhrm\fhcdZ[bg_l HklZ\b\kmijm]m\h[s_kl\_FZjbFbr_eybIhebgIZ\_em^Zebeky\f_kl_k=_^_hgh\uf IhimlbddZ[bg_lm^bj_dlhjZbfi_jZlhjkdbol_Zljh\R_oh\kdhc_^\Zg_klhedgmekyk_]h ihfhsgbdhfIZ\_eaZiZfylh\Zebfyfheh^h]hq_eh\_dZgh_]hnZfbebylhlqZk\kieueZ\iZfylb hlklmiZy\klhjhgm :jbklZjoIZ\eh\bqijh\h^begZklhjh`_gguf\a]ey^hf\ukhdmxnb]mjmdgyayIj_^qm\kl\b_ gZ^\b]Zxs_cky[_^u[uehgZklhevdhhkljufqlhIhieZ\kdbc[md\ZevghhsmlbedZd\hh[jZ`Z_fZy i_leyaZly]b\Z_lkymg_]hgZr__G_ijhklhlZdR_oh\kdhcih`_eZe]h\hjblvgZ_^bg_k =_^_hgh\uf:jbklZjogmljhfqmyeqlhjZa]h\hjihc^_lh[m[bckl\_PDGHPRLVHOOHEZNhgl_cg KlhyaZdmebkZfbdZd\k_]^Zi_j_^gZqZehfij_^klZ\e_gbyhg^Z`_\a^jh]gmem\b^_\dgyay R_oh\kdh]hkfheh^hckmijm]hc\eh`_=hjqZdh\Z Af_y\k_baaZg__ijh[hjfhlZehgk_[_ih^ghkgZq_fk\_ldeygyxgmxdgy]bgx G_kimlZchgZ_fm\k_dZjluk\hbfg_e_iufijbagZgb_f_fm[ug_ijbrehkvgugq_ljyklbkvhl kljZoZh`b^ZydZ`^uc^_gvijboh^Zihebp_ckdh]hmjy^gbdZIhke_lh]hdZdR_oh\kdh]hijbagZeb g_\bgh\guf\m[bckl\_We_gihebp_ckdb_g_[hevghlhmk_j^kl\my\ihbkdZom[bcpu_s_ g_kdhevdhjZa^hijZrb\Zeb_]hghhgdZdaZ\_^_ggucl\_j^beqlhg_\b^_egbdh]hdjhf_dgyay R_oh\kdh]h\lhlaehihemqguc\_q_jH^gZdh_keb`_IZ\_eGbdheZ_\bqdZdebph aZbgl_j_kh\Zggh_gZqg_ldhiZlvky\wlhf^_e_lh_fmg_khklZ\blljm^ZkhihklZ\blv\k_nZdlub ijbclbdijZ\bevghfm\u\h^mH]eygm\rbkvihklhjhgZf:jbklZjoIZ\eh\bqihke_^h\ZeaZ R_oh\kdbfb=_^_hgh\ufklZjZykv^_j`ZlvkygZihqlbl_evghfjZkklhygbb\iheml_fghfdhjb^hj_ =_^_hgh\jZkiZogme^\_jb\g_[hevrhcdZ[bg_lijhimkdZyIZ\eZ\i_j_^ YZkkemrZxIZ\_eGbdheZ_\bqaZdju\ZyaZkh[hc^\_jvgZqZehg :e_dkZg^jFboZceh\bqdZduagZ_l_m[bcpZPDGHPRLVHOOHEZNhgl_cglZdbg_[uegZc^_g ihlhfmyg_fh]mhsmsZlvk_[ykh\_jr_gghkihdhcgufihdZg_]h^ycg_ihg_k_laZkem`_ggh]h gZdZaZgby �Z\_kvfZi_qZevgZybklhjbyGZfhq_gvg_o\ZlZ_l?e_guE_hihev^h\gu\a^hogme=_^_hgh\ Ghihfbemcl_hlq_]huj_rbebqlhyfh]mqlhlhagZlvh[wlhf^_e_" Fh`_l[ulvyhrb[ZxkvaZ^mfqb\hijhbag_kIhevgh\k_`fg_dZ`_lkyqlhm[bcpZWe_g[ue \_kvfZ[ebadhagZdhfkg_xbihlhfmbf__lkfukegZqZlvihbkdbaehmfure_ggbdZhlkx^Z Fh`_lubijZ\uhlha\Zeky:e_dkZg^jFboZceh\bqL_ZljagZ_l_eb_s_lhljZkkZ^gbd bgljb]baZ\bklb ug_ijbihfgbl_fh`_l[ulvmWe_g[uebg_^h[jh`_eZl_eb" Dhg_qgh[uebih`Zeie_qZfb=_^_hgh\?e_gZE_hihev^h\gZg_hlebqZeZkvijhklbf_gy =hkih^bgbfy]dhklvxoZjZdl_jZgb^h[jhk_j^_qb_fghaZwlh\_^vg_m[b\Zxl" :ihdehggbdbbeb[ulvfh`_lihdjh\bl_evihke_lh]hdZdfujZkklZebkv"ke_]dZkfmlbeky IZ\_e GZkdhevdhfg_ba\_klghIZ\_eGbdheZ_\bqihke_lh]hdZdujZkklZebkvkg_xWe_gihemqZeZ ij_^eh`_gbyhihdjh\bl_evkl\_ghgbh^ghbagbog_ijbgyeZY^mfZxZfemqr_ih]h\hjblvh lhfkfhbfihfhsgbdhfIhieZ\kdbf:jbklZjohfIZ\eh\bq_fG_aZ^he]h^hkf_jlb?e_gu E_hihev^h\guhgijbgbfZe\_kvfZ^_yl_evgh_mqZklb_\__^_eZo^Z`_]h\hjylihfh]_cgZclb d\Zjlbjm ;eZ]h^ZjxZk:e_dkZg^jFboZceh\bq IjZ\hg_klhbl\_^vygbq_fZfg_ihfh] IhieZ\kdbc_^\Zmki_ekijylZlvkyaZ[ZjoZlghcihjlv_jhcdZd^\_jvjZkiZogmeZkvbdgyav gbq_]hg_^ZeghIZ\_eqm\kl\h\ZeqlhhggZ\_jghfimlbM[bckl\hWe_glZdbebbgZq_k\yaZghk l_ZljhfH^gZdh_]hihiuldZlml`_jZaukdZlvIhieZ\kdh]hg_m\_gqZeZkvmki_ohf:jbklZjo IZ\eh\bqdhlhjucjZg__lhb^_ehf_evdZeaZdmebkZfbkeh\ghkd\hava_fexijh\ZebekyHleh`b\ jZa]h\hjkgbfgZihlhfIZ\_e\_jgmeky\eh`mdh]^Ziv_kZm`_ihqlbaZdhgqbeZkv@xeb h[_kihdh_ggZy_]h^he]bfhlkmlkl\b_f\a^hogmeZkh[e_]q_gb_fdh]^Zhgijbk_eih^e_g__ iheh`b\jmdmgZkibgdm__dj_keZ �eyk\_lkdh]hI_l_j[mj]ZJh`^_kl\hbGh\uc]h^[uebex[bf_crbf\j_f_g_fGZfheh^mxq_lm R_oh\kdboihkuiZebkvijb]eZr_gbygZ[ZeufmaudZevgu_\q_jZfZkdZjZ^uHdmgm\rbkv\ djm]h\_jlvwlbojZa\e_q_gbcIZ\_ehleh`bekh[kl\_ggh_jZkke_^h\Zgb_m[bckl\Z[u\r_c ex[h\gbpuIhqlb^_lkdbc\hklhj]_]hfheh^hckmijm]bhl\k_]hijhbkoh^ys_]hhdZaZeky\_kvfZ aZjZabl_evgufR_oh\kdhcg_ihfgbedh]^Z\ihke_^gbcjZaihemqZelZdh_m^h\hevkl\b_hl k\_lkdbojZmlh\ Gh\uc]h^\^hf_Rm\Zeh\uokh[bjZebkv\klj_qZlv[ZehffZkdZjZ^hfFZjbdhlhjZyjZkkqblu\ZeZ \wlhl\_q_j_^bghebqghaZ\eZ^_lv\gbfZgb_fk\h_]hkbyl_evgh]hdma_gZ^Zqlh]j_oZlZblv ^_\mrdZkljhbeZ^Ze_dhb^msb_fZljbfhgbZevgu_ieZguhlghkbl_evghIZ\eZGbdheZ_\bqZ aZjmqb\rbkvih^^_j`dhc_]hfZf_gvdb[ueZkljZrghjZahqZjh\ZgZlZcghc`_gblv[hcihke_^g_]h ijhq_fjZahqZjh\ZgZ[ueZg_lhevdhFZjbg_\h^ghc^_\bq_ckiZevg_ijheb\Zebkv]hjvdb_ke_au ihke_iZfylgh]h[ZeZ\^hf_Q_jgur_\uo FZkdZjZ^KZfhwlhkeh\h[m^hjZ`behdjh\vgZkljZb\ZehgZb]jb\uceZ^:odZdfgh]h[_amfkl\ l\hjbehkvihjhxdh]^ZebpZkdjulur_edh\ufbfZkdZfb oh^gZ[ZefZkdZjZ^dRm\Zeh\uf[uekljh]hihbf_ggufijb]eZr_gbyfoh^y\^hf]hklb ih^Z\ZebjZkihjy^bl_exk\hxdZjlhqdm\f_kl_kijb]eZr_gb_fbijhoh^beb\aZe[_ah[ty\e_gby bf_gijb[u\rbo=jZnbgyKhnvyEv\h\gZRm\Zeh\Zih`_eZeZba[jZlvl_fhcfZkdZjZ^Z?]bi_lb\ wlhl\_q_jhkh[gydgZNhglZgd_ij_^klZ\eyekh[hcijbqm^eb\h_aj_ebs_Kl_gu[Zevgh]haZeZ aZ^jZibjh\Zggu_ahehlbklhciZjqhckbf\hebabjh\Zeb\Zj\Zjkdmxjhkdhrv^\hjph\_]bi_lkdbo nZjZhgh\BahjZg`_j_bijbg_kebg_kdhevdhdZ^hdkiZevfZfbbmklZgh\bebbom\uoh^ZgZl_jjZkm kha^Z\mxlguca_e_gucm]hehdg_fgh]hhl]hjh`_gguchl[Zevgh]haZeZ IZ\_ehlfZkdZjZ^gh]hdhklxfZhldZaZekyij_^ihqlyljZ^bpbhggucnjZdhl^Z\^ZgvfZkdZjZ^m ebrvq_jghcr_edh\hcfZkdhcZ\hl@xeb\u[jZeZ^eyk_[ydhklxfDe_hiZljuIjhklh_[_eh_ r_edh\h_ieZlv_\_]bi_lkdhfklbe_i_j_o\Zq_ggh_\lZebblhgdbfahehlbklufihykhfb ahehlbklZyfZkdZkhklZ\beb__dhklxfFZjb`_gZjy^beZkv\hklhqghcijbgp_kkhck]heh\u^hgh] mdmlZ\rbkv\ihemijhajZqgmxeZ\Zg^h\mxqZ^jmkdju\Z\rmx__emqr_ex[hcfZkdbIhe_klgbp_ hgbih^gbfZebkv\ljh_fghklhbehbfi_j_klmiblvihjh][ZevghcaZeudZdbolml`_jZa^_ebeb aZdjm`b\\dZdhflhkmfZkr_^r_fohjh\h^_HklZgh\b\rbkv@xebihiulZeZkvhlukdZlv]eZaZfb \ukhdmxnb]mjmkmijm]Zbwdahlbq_kdmx\hklhqgmxdjZkZ\bpmgh[_amki_rghm\u\wlhl\_q_jg_ h^bgR_oh\kdbcg_ih`_eZekdju\Zlvkyih^fZkdZjZ^gufdhklxfhfbq_jgucnjZd\wlhfaZe_[ue ^Ze_dhg_h^bgHklhjh`ghijh[bjZykvf_`^m]hkl_ck[hdZehfrZfiZgkdh]hdhlhjuc_ckmeu[dhc \jmqbekm^yihdhklxfmdZdhclh\hklhqguckmelZgbebr_coXe_gvdZ\ukfZljb\ZeZ\h\k_fwlhf oZhk_q_jgucnjZdbahehlbklmxfZdmrdmfm`Zdh]^ZohaycdZ\_q_jZh[ty\beZdhlbevhgIZjukh kf_ohf\ukljhbebkv\ke_^aZohay_\Zfb[ZeZbg_mki_eZ@xebh]eygmlvkydZd__k\h[h^ghcjmdhc Hij_djZkg_crZybapZjbpiha\hevl_ijb]eZkblvZkemdZ\h[e_kgmeb]hem[u_]eZaZ\ijhj_ayo fZkdb AZ[jZ\ba__jmdihemimklhc[hdZebihklZ\b\gZih^ghkklhys_]hhdhehkl_gueZd_yjbfeygbg m\e_d__\djm]lZgpmxsboiZj=^_lh\i_j_^b@xebaZf_lbeZq_jgucnjZdbyjdbcdhklxfFZjb Lhevdhlhevdhmgy\rZykyj_\ghklv\gh\vih^gyeZk\hxaf_bgmx]heh\m`Zey\kZfh_k_j^p_ Mya\e_ggZy^h]em[bgu^mrbXeyhke_ibl_evghmeu[gmeZkvk\h_fmdZ\Ze_jmhlq_]h]hem[u_]eZaZ m^b\e_gghjZkrbjbebkvbhl\_lgZymeu[dZihegZyhqZjh\ZgbyaZibkgh]hih\_kuhk\_lbeZkdjulh_ ihemfZkdhcebph ;h]bgyr_igmehgh[o\Zlu\Zy__aZlZebxbdjm`ZihiZjd_lm\hq_j_^ghcnb]mj_lZgpZ pZjbpZ^mrbfh_c\eZklbl_evgbpZ^mf uevklbl_P_aZjvfg_jZkkf_yeZkvhgZ\hl\_l Gbkdhevdhij_djZkgZyDe_hiZljZKlhbehfg_Zkm\b^_lvbygZ\_dbjZkijhklbekyk^mr_\guc ihdh_f H]eygm\rbkv@xeb\gh\vaZf_lbeZeZ\Zg^h\mxqZ^jmIZ\_e\_edmabgm\lZgp_k[_amij_qghc ]jZpb_cGZdhg_pmfhedeba\mdbfmaudbblZgp_\Z\rb_iZjujZahrebkvG_kimkdZy]eZakFZjbb __kimlgbdZ@xeblhjhieb\hba\bgbeZkvi_j_^e_]bhg_jhfbihiulZeZkvijh[jZlvkyd bgl_j_kmxs_c__iZj_HdZaZ\rbkvjy^hfhgZhklhjh`ghiheh`beZjmdmgZjmdZ\njZdZkimlgbdZ FZjb Ihevy Ijhklbl_km^Zjugyh[_jgmekyfheh^hcq_eh\_dg_bf_xq_klb[ulvZfij_^klZ\e_gguf kgbfZyfZkdmmeu[gmekyhg_c\hl\_l Hoijhklbl_ijhklbl_Wlh\k_fZkdZjZ^jZkl_jygghmeu[gmeZkv@xebFZjbh[jZlbeZkvhgZ d^_\mrd_uIZ\eZGbdheZ_\bqZg_\b^Zeb" FZrZg_[j_`ghih`ZeZihdZlufie_qbdhfhldbgmeZkebpZqZ^jmbih^g_keZd]m[Zf[hdZek rZfiZgkdbf ihke_^gbcjZafu\b^_ebkvmhZabkZmdZaZeZhgZkeh`_gguf\__jhfgZiZevfuhdheh\uoh^ZgZ l_jjZkm ;eZ]h^Zjx JZa\_jgm\rbkvXeygZijZ\beZkvdaZl_g_gghfma_e_ghfmm]hedmghkj_^biZevfg_hdZaZehkv gbdh]hMklZ\hlgZijZkguoihbkdh\@xebijbk_eZgZgba_gvdbc^b\Zgqbdbj_rbeZ^h`^Zlvky ihemghqbdh]^Z\k_fZkdbihh[uqZx[m^mlkgylu hludm^ZkijylZebkvmkeurZeZhgZgZ^mohf[ZjoZlguc[Zjblhg Wlh[ue\k_lhl`_jbfeygbg �Ze_dheb^hihemghqb"ihbgl_j_kh\ZeZkvhgZ Q_l\_jlvqZkZjZ^hklghhl\_lbee_]bhg_jmdZau\ZygZ[hevrb_gZihevgu_qZkudhlhju_ kh\_jr_ghl_jyebkvgZnhg_ahehlbklhciZjqb Lhevdhhgmki_eijhbag_klbwlbkeh\ZdZdlheiZ]hkl_cmklj_fbeZkvgZhldjulmxl_jjZkm B^_fl_ih^o\Zlbehg__ih^jmdmiheghqv[m^_ln_c_j\_jd Ay[dhh[o\Zlb\k_[yaZie_qbXeyaZf_jeZgZl_jjZk_mklj_fb\\a]ey^\ghqgh_g_[hmkuiZggh_ [jbeebZglZfba\_a^Jh\gh\iheghqv]jygmei_j\ucaZeiK\h_f\g_[h\a\beZkvrmlboZb ha^moaZiZoihjhohf=hklbkgy\fZkdbdbgmebkviha^jZ\eylv^jm]^jm]Z KGh\uf]h^hfXebyEv\h\gZmkeurZeZhgZaZk\h_ckibghcbh[_jgmeZkv =jZnE_\Zrh\kgy\fZkdmkmeu[dhckfhlj_egZg__ K_j]_c:e_dkZg^jh\bqu" M^b\e_gu" ;_af_jghjZkkf_yeZkvhgZAZ[Z\gZyrmldZ\ureZ AZ[Z\gZykh]eZkbekyE_\Zrh\ghdZdlhg_\_k_ehkdZdhclhaZlZ_gghc]jmklvx :uIZ\eZGbdheZ_\bqZg_\b^_eb" Ya^_kv\uklmibebaaZkibguE_\Zrh\ZR_oh\kdhcKGh\ufK_j]_c:e_dkZg^jh\bq ^h[Z\behgijb\_lkl\myK_j`Z ug_aZf_jaebPDFKpULH"ih\_jgmekyhgd`_g_h[gbfZy__aZie_qbkh[kl\_ggbq_kdbf`_klhf H^Zfhjha_pgugq_agZlguchlha\ZeZkvXe_gvdZiha\heyy_fmm\_klbk_[yY^mfZeZuk FZjb :y^mfZeqlhug_klZg_l_ijylZlvkyhlf_gywlbf\_q_jhfg_^h\hevgh[jhkbedgyav &#xZk;&#x;�Ghy\h\k_g_ijylZeZkvYbkdZeZZkZkijhkbl_ohlvmFZjb BkdZeb"dhfiZgbb]jZnZE_\Zrh\ZgZ^hiheZ]Zlv" Ihevuqlhj_\gm_l_"m^b\ezgghjZkiZogmeZ]eZaZXey �M^b\e_gu"i_j_^jZagbehgE_\Zrh\ZZyj_\gmxbfg_wlhkh\_jr_gghg_gjZ\blkyB ihlhfmPRQFRHXUfuk_c`_qZkhlijZ\ey_fky^hfhc AZwlhci_j_iZedhc@xebbg_aZf_lbeZdZdhgb^hreb^h\uoh^Zba[Zevgh]haZeZ]^_ gZkmib\rbkvboh`b^ZeZFZrZIjhklb\rbkvkohay_\Zfb\ujZab\rbfbkh`Ze_gb_qlhdgyav R_oh\kdhckhk\hbfbhqZjh\Zl_evgufbkimlgbpZfblhjhiblkyihdbgmlvwlhl\_q_j\k_ljh_ ijhke_^h\Zebdih^ZgghfmddjuevpmwdbiZ`m Wlhklhevg_h`b^Zggh_ijbagZgb_fm`Z\lhfqlhhgZg_[_ajZaebqgZ_fm[uehlZdijbylghXe_ qlhg_ba[u\gZyg_`ghklvl_iehfjZaebeZkv\]jm^bG_k^_j`Z\ihju\Z@xebihlygmeZkvdg_fmb dhkgmeZkvihp_em_f_]hs_dbIZ\_eihcfZe__fZe_gvdmxeZ^hrdmbih^g_kd]m[ZfHgy\kl\_ggh hsmlbe\__ihju\_lhl`_ijbau\qlhlhedgmebo\h[tylvy^jm]^jm]Z\l_kghckt_fghcd\Zjlbjd_ :ggulh]^Zhgbh[ZaZ[uebkvblhevdhojmklhkdhedh\jZa[blhc\Zauih^_]hkZih]hf\u\_eboba khklhygby[eZ`_gghcbklhfubk_cqZkhghldebdgmekygZg_]h\k_fk_j^p_fk`bfZy\]hjyq_c eZ^hgb__jmdmLhevdhijbkmlkl\b_FZjbm^_j`Zeh_]hhllh]hqlh[ulml`_klbkgmlv\dj_idhf h[tylv_ojmidb_ie_qbb\iblvkyZeqgufihp_em_f\fZgysb_]m[u GZ[ex^ZyaZkmijm]Zfbdhlhju_dZaZehkvkh\_jr_gghaZ[uebh__ijbkmlkl\bbFZjbk^hkZ^u ijbdmkbeZ]m[mk_q_]h_cohl_ehkvk_cqZkwlh\p_iblvky\\hehkukZfha\Zgd_gZdhlhjmxlhlh dhfhgZ]j_abeZkdhevdhihfgbeZk_[ykfhljblk_cqZklZddZdgbjZam\`bagbg_ihkfhlj_egZg__ hc^y\^hfR_oh\kdhcg_ihr_e\k\hbihdhbZgZijZ\beky\ke_^aZ`_ghc\__kiZevgxH^bg lhevdh\a]ey^k_juo]eZab]hjgbqgZy@xebfheqZm^ZebeZkvhklZ\b\[ZjbgZgZ_^bg_k_]h`_ghc WlZghqv[ueZgZiheg_gZlhcg_`ghklvxqlh[u\Z_lebrvf_`^m\ex[e_ggufbdh]^ZdZ`^h_ ijbdhkgh\_gb_dZ`^ucihp_emcdZ`^h_keh\hb^mlhlkZfh]hk_j^pZdh]^Zhl^Z\ZyihemqZ_rv \aZf_g_s_[hevr_ Ijhkgm\rbkvihmljm@xeblhfghihlygmeZkvbjmdZ__lhlqZkgZldgmeZkvgZl_ieh_dj_idh_ie_qh �ijy^vk\ukhdh]he[Zijh\_eZihdhexq_cs_d_fy]dbflzieuf]m[Zfebggu_l_fgu_j_kgbpu \kihjogmebbhgZmlhgmeZ\_]h\a]ey^_ Qlh`l_[_g_kiblky^mrZfhy"qmlvojbieufr_ihlhfihbgl_j_kh\Zekydgyavijbly]b\Zy__\ k\hbh[tylvy G_kiblkygugq_mxlghmkljZb\ZykvgZ_]hie_q_lbohijhr_ilZeZ\hl\_lkqZkleb\Zyhlwlhc g_`ghklbbl_ieZ Gug_rgbf\_q_jhfbfij_^klhyehkgh\Z\uoh^blv\k\_lGZwlhljZaboh`b^Zeb\^hf_]jZnZ �R_j_f_l_\ZGZlh\j_fy\I_l_j[mj]_]Zkljhebjh\ZeZblZevygkdZyhi_jgZyljmiiZbfbljbc GbdheZ_\bqkljZklgucihdehggbdi_\q_kdh]hbkdmkkl\Zijb]eZkbeblZevygkdmxijbfmk_gvhjm �`mebx=jbabki_lvgZfmaudZevghf\_q_j_Ij_^\Zjyy__\uklmie_gb_hgh[jZlbekyd fgh]hqbke_gguf]hklyf �Zfub]hkih^Z_kghcm`_ijhreh]h]h^Zfukfh_cg_aZ[\_gghc:gghcK_j]__\ghckemrZeb �\uklmie_gb_`mebb=jbab\;hevrhfI_ljh\kdhfl_Zlj_\Fhkd\_b_s_lh]^Zijb]eZkbebk_gvhjm =jbabki_lvmgZk\NhglZgghf^hf_dh]^ZhgZ[m^_l]Zkljhebjh\Zlv\I_l_j[mj]_Fh_ckmijm]b m`_ihe]h^Zg_lkhfghxghyg_fh]mg_bkihegblvwlhc___^\Zebg_ihke_^g_cijhkv[ubohqm ihk\ylblvk_]h^gyrgbcdhgp_jl__iZfylb Ih^Zieh^bkf_gluijbkmlkl\mxsbohi_jgZy^b\Z\ureZdjhyexqmlvkdehgbeZ]heh\mijbgbfZy ^Zgvm\Z`_gby__lZeZglmbaZi_eZ IZ\_egZ[ex^ZyaZ`_ghcqlhlZdbaZklueZijbi_j\uo`_ghlZo\ayluoblZevygkdhci_\bp_cg_ fh]hl\_klb]eZa?_ebph\wlbfbgmlu\ujZ`ZehlZdhcg_ih^^_evguc\hklhj]qlhhgg_\hevgh aZex[h\Zekybyjdbfjmfygp_fb\hklhj`_gguf[e_kdhfdZjbo]eZaDZd`_hgZdjZkb\Zk_cqZk dh]^ZlZdm\e_q_gZ^b\gufbkiheg_gb_fhi_jghcZjbb:\_^v_clhevdhk_fgZ^pZlvdjZkhlZ___s_ lhevdhjZkp\_lZ_l\hle_lq_j_aiylvhgZklZg_lkh\_jr_gghg_hljZabfhcZ]eZ\gh_dg_cijb^_l hkhagZgb_k\h_cdjZkhlu\a^hogmeR_oh\kdhc;m^_lebhgZlh]^ZklZdbf`_\hklhj]hfkfhlj_lv gZg_]h";m^_leblZddZdk_cqZk`_eZlv_]hbeb`_hklug_ldg_fmij_\jZlb\rbkv\[_a^mrgmx �k\_lkdmxdhd_ldmijb\udrmxb]jZlvqm`bfbkljZklyfbkqm\kl\Zfb"\Z^gylhfmgZaZ^hl_p aZ]h\hjbekgbfhgZke_^gbd_ghIZ\_e^Z`_kemrZlv_]hg_aZohl_e@xeb_s_lZdfheh^Z mki__lkyhlj_aZehgHgf_qlZegZ[m^msbc]h^ihdZaZlv_c?\jhimih\_alb__\JbfIZjb` _gmghk_cqZk\^jm]hlq_]hlhaZohl_ehkvbaf_gblvk\h_j_r_gb_ijb\yaZlv__dk_[_maZfb ihdj_iq_ex[\bEx[h\v\_^vfh`_lbijhclb^mfZehgghgbdZdZyfZlv_kebhgZfZlvZg_ dmdmrdZg_hklZ\blk\h_^blybihq_fmlhhggbfbgmlug_khfg_\Zeky\lhfqlhXe_gvdZ[m^_l ohjhr_cfZl_jvxbo^_lyf &#xh;&#xj;&#x_f;&#xy;&#xuk;&#xlm;&#xie;&#x_g;&#xby;&#xlZ;&#xev;&#xyg;Û
&#xg;¿&#xi;&#xh^;&#xk_;&#x:e;&#x_d;&#xkZ;&#xg^;&#xj;û&#xoZ;Î&#xh; q;&#x=;&#x_^;&#x_h;&#xgh;&#x;�h\j_fy\uklmie_gbyblZevygdbdgbfih^k_e:e_dkZg^jFboZceh\bq=_^_hgh\bj_dlhj bfi_jZlhjkdbol_Zljh\\hklhj`_ggh\gbfZei_gbxk_gvhju=jbabbih`ZemcZieh^bjh\Ze]jhfq_ \k_odh]^Z__\uklmie_gb_aZdhgqbehkv XebyEv\h\gZh[jZlbekyhgdfheh^hcdgy]bg_yih\_^Ze]jZnmR_j_f_l_\mhZr_fqm^ghf lZeZgl_IjhrmZkg_hldZ`bl_kihcl_ Fg_ijZ\h^Z`_g_eh\dhkfmlbeZkv@xebh]ey^u\ZykvgZkmijm]Z Kihcl_PRQDQJHmeu[gmekyR_oh\kdhcIhdZ`bl_blZevygpZfdZdmf_xli_lvmgZk\Jhkkbb Gm_kebugZklZb\Z_l_meu[gmeZkv@xebLhevdhqlh`_fg_ki_lv" Ghdlh[m^_lZddhfiZgbjh\Zlv"IjZ\hykZfZg_kbevgZ\lhfjZkl_jyeZkvXe_gvdZ Iha\hevl_fg_ih^hr_edgbfklhysbcqmlvihh^Zevfheh^hcq_eh\_d XebyEv\h\gZiha\hevl_ij_^klZ\blvZfZ\lhjZk_]hijhba\_^_gbymeu[gmeky=_^_hgh\ ;meZoh\I_ljI_ljh\bqijhrmex[blvb`Zeh\Zlv D\Zrbfmkem]Zfkdehgbe]heh\mfheh^hcdhfihablhjIjhrmZkZr_kbyl_evkl\hmdZaZe hgjmdhcgZjhyev hegmykv^h^jh`b\dhe_gyoXe_gvdZ\ureZdjhyexa]ey^uijbkmlkl\mxsbomklj_fbebkvgZ g__ =hkih^Z\ur_e\i_j_^]jZnR_j_f_l_\dgy]bgyR_oh\kdZyex[_aghkh]eZkbeZkvbkihegblv ^eygZkjhfZgkI_ljZI_ljh\bqZ=hjb]hjbfhya\_a^Z ;meZoh\aZb]jZe\klmie_gb_Yg_kfh]mf_evdgmeZ[uehiZgbq_kdZyfukevgh\klj_lb\rbkv \a]ey^hfkk_jufb]eZaZfbkmijm]ZhgZhsmlbeZdZdgZg__kgbahrehkihdhckl\b_JZa\_`fh`_l hgZg_kmf_lvdh]^ZhglZdkfhljblgZg__"BhgZaZi_eZg_^eygbokh[jZ\rbokya^_kv^eyg_]h _^bgkl\_ggh]h DjZ_f]eZaZhgZ\b^_eZdZdaZf_jeZblZevygdZijbkemrb\ZykvihlhflbohaZ]h\hjbeZk R_j_f_l_\uf[ukljh`_klbdmebjmyHl\_^y]eZaZhlblZevygkdhcijbfuhgZkdhevagmeZ]eZaZfbih ebpZf]hkl_c\gbfZxsbo_ckm^b\e_gb_f ;jZ\h;jZ\hjZa^Zehkvkh\k_oklhjhgdh]^ZhgZ^hi_eZihke_^gxxghlm XebyEv\h\gZih^gyekybaaZjhyey;meZoh\[eZ]h^ZjxZkWlhemqr__bkiheg_gb_jhfZgkZ qlhfg_^h\_ehkvkeurZlvkqm\kl\hfijhbag_khgkdehgyykvgZ^__jmdhc Xe_gvdZh]ey^_eZkvK_gvhjZ=jbaby\ghlhjhibeZkvihdbgmlv[e_klys__kh[jZgb_ghl_ieh_c meu[gmeZkvbdb\gmeZ]heh\hcijhsZykvKd\havlheimhdjm`b\rbo__ihdehggbdh\ddgy]bg_m`_ ijh[bjZeky]jZnR_j_f_l_\ XebyEv\h\gZ]hem[mrdZhl\k_]hk_j^pZ[eZ]h^Zjxhlm`^_ckl\bl_evghihjZ^h\Zeb GmqlhuZr_kbyl_evkl\hijZ\hg_klhblmeu[gmeZkv@xeb K_gvhjZ=jbabijhkbeZZfi_j_^Zlvqlhug_ij_f_ggh^he`guih_oZlv\BlZebxLZdhc ^b\guc]hehkdZdZrgm`^Z_lky\h]jZgd_ufh`_l_^hklbqvg_[u\Zeuo\ukhlfZkl_jkl\Z ;eZ]h^ZjxkfmlbeZkv@xebFg_keZ\Zbba\_klghklv[_agZ^h[ghklby\iheg_kqZkleb\Zl_f qlhbf_x IZ\_ekh[jZekyih^hclbd`_g_ghqv_lhe_]dh_ijbdhkgh\_gb_djmdZ\m_]hfmg^bjZaZklZ\beh hklZgh\blvky IZ\_eGbdheZ_\bq^h[juc\_q_jmeu[gmeZkv_fm:e_dkZg^jZJZ^abgkdZyDZdhckxjijba h^gZdhmdZaZeZhgZ]eZaZfbgZ@xeb �Z:e_dk`bagvgZrZihegZkxjijbah\aZ^mfqb\hhl\_lbeR_oh\kdhc Ghfg_g_ihgylghdZd\urehlZdqlhkmijm]mZrmXeb_cEv\h\ghcZg_:gghcah\ml" :ggZ;ukljbpdZykp_gbq_kdbcik_\^hgbfmeu[gmekyIhev@xeb^hqvgZrbokhk_^_cih bf_gbx\Ebi_pdhc]m[_jgbb :e_dkZg^jZrbjhdhjZkiZogmeZ]eZaZ H^gZdhdZd`_ug_ijbagZeb__gZlhf\_q_j_mgZk" Wlh^he]Zybklhjby:e_dkmkf_ogmekyIZ\_e Kdehgb\rbkvdJZ^abgkdhcR_oh\kdhc\ihe]hehkZdhjhldhih\_^Ze_ch[h\k_okh[ulbyo ijb\_^rbo_]hih^\_g_pk@xeb WlhlZdjhfZglbqghg_m^_j`ZeZkv:e_dk ukqblZ_l_f_gyjhfZglbdhf"ijbih^gye[jh\vIZ\_e ;he__lh]h\ex[e_ggufjhfZglbdhfBg_hlibjZcl_kvjZkkf_yeZkv:e_dkZg^jZ Ij_^klZ\ey_l_dZdmxm`Zkgmxhrb[dmfu[ukZfbkh\_jrbeb_keb[uih^^ZebkvgZm]h\hju jh^bl_e_c" uijZ\u:e_dk\h\k_fijZ\u Xe_gvdZdhlhjhcihgZqZem[mjgZyk\_lkdZy`bagvbjZa\e_q_gby[ueb\gh\bgdmdZdlh[ukljh mklZeZhl[_kdhg_qguoijZa^gbdh\hl\jh^_b[_aljm^Z^Z\ZeZkv_clZjhevdhlhjmxgZg__ gZdeZ^u\Zeh__iheh`_gb_kmijm]bdgyayR_oh\kdh]hl_f[he__qlh\k_^hfZrgb_oehihluih ij_`g_fme_`ZebgZie_qZo__k\_djh\bgh\dZdhclhfhf_gl\kywlZ`bagvk__hke_ibl_evguf [e_kdhfbgljb]Zfbbkie_lgyfb\^jm]ihdZaZeZkv_cg_gZklhys_cgZkd\havnZevrb\hcDZdfh`gh lZd`blv"g_^hmf_\ZeZhgZimklmx[_a^mfgh\\_qghcijZa^ghklb DZdlhihke_h[_^Zkb^ymk_[y\[m^mZj_hgZjZa[bjZeZihqlmIjb]eZr_gb__s_h^gh ijb]eZr_gb_;h`_DZdohq_lkylbrbgubihdhyAZ^mfZ\rbkvbmklZ\b\rbkvg_\b^ysbf\a]ey^hf \hdghhgZg_aZf_lbeZdZdg_keurghhldjueZkv^\_jvblbohklmiZyihlheklhfmdh\jm\dhfgZlm \hr_eIZ\_ebhklZgh\bekyaZ__kibghcLhgdZyjmdZ__kaZ`Zluff_`^miZevpZfbibkvfhf [_a\hevghk\bkZeZkih^ehdhlgbdZXey\u]ey^_eZi_qZevghcaZ^mfqb\hc\lhgdboq_jlZoe_]dh qblZeZkvmklZehklvR_oh\kdhchklhjh`ghdhkgmeky__ie_qZ @xebPRQFRHXU k_j^p_fh_\fqlhklh[hc"Lug_aZo\hjZeZ"h[_kihdh_gghkijhkbehgb_]h ]hjyqZyjmdZkdhevagmeZgZijhoeZ^guceh[`_gu G_lg_aZo\hjZeZMklZeZ_^\ZaZf_lghmeu[gmeZkvhgZ^_j_\gxohq_lky\a^hogmeZhgZ ^_j_\gx"m^b\e_gghi_j_kijhkbeIZ\_e Gm^Z\^_j_\gxGZkZgyoijhdZlblvkyf_`ihe_cqlh[u\hdjm]dm^Z\a]ey^gbdbgvlhevdh [_eucijhklhj^Zkbgvg_[_kgZy^Zdhehdhevqbdih^^m]hcaZeb\Zekyf_qlZl_evghmeu[gmeZkvhgZ K]hjdbijhdZlblvkyqlh[us_db]hj_ebhlfhjhaZZihlhfijbclb^hfhcijbk_klvhdhehi_qdbb h[`b]Zxs_]hqZcdmkf_^hfebih\ufbkiblvijyfhba[ex^pZdZddmiqboZ[_ah\kydh]hwlbd_lm R_oh\kdhcaZ^mfZeky �Gmqlh`^mrZfhyfh`ghb\^_j_\gxhlha\ZekyhgmfZxl_[_ihgjZ\blky\IZ\eh\hb ]hjdZlZfbf__lkygZkdhevdhyihfgxkmeu[dhc^h[Z\behg G_^h`b^ZykvdhgpZk_ahgZbfZke_gbqghcg_^_ebdh]^Z\_kvk\_lkdbcI_l_j[mj]gZdZdh_lh\j_fy \iZ^Ze\g_agZxs__m^_j`m[_krZ[Zrgh_\_k_ev_dZlZebkvke_^yguo]hjqlhkhhjm`ZebkvgZ FZjkh\hfihe_mqZkl\h\Zeb\]meygvyogZ:^fbjZel_ckdhciehsZ^b]^_kljhbebkv\j_f_ggu_ lhj]h\u_ehldbbmkljZb\Zehkvg_qlh\jh^_yjfZjdbkg_ij_f_ggufb[ebgZfbb[ZeZ]ZgZfbeboh dZlZebkvgZkZgyoaZijy`_gguoljhcdZfbj_a\uojukZdh\fheh^Zyq_lZR_oh\kdbohl[ueZ\ IZ\eh\hKhnvy:g^j__\gZlh`_ih`_eZeZhklZ\blvklhebpmbhlijZ\blvky\jh^h\h_bf_gb_ ijbo\Zlb\kkh[hcb\_kvfZg_^h\hevgmxlZdbfiheh`_gb_f^_eFZjbqlh[uihimlbaZ\_alb__\ bf_gb_Ze_\kdbo\iylb\_jklZohlIZ\eh\Z =eZ\Z hihjih^]hgy_fZyaZebo\Zlkdbfk\bklhfbs_edZgv_fdgmlZukhdb_\ihykkm]jh[u\^hev^hjh]b i_j_eb\Zebkvjhkkuivx[jbeebZglh\\yjdhfk\_l_fhjhagh]hn_\jZevkdh]hmljZAZeb\Zykvkf_ohf fheh^Zy`_gsbgZijylZeZebph\jhkdhrghfkh[hev_f\hjhlgbd_hlh[`b]Zxs_]h\_ljZ g_kms_]hky_cgZ\klj_qmGZih\hjhl_kZgbhiZkghgZdj_gbebkvbg_m^_j`Z\rbkvXey\ue_l_eZ q_j_agbadbc[hjlbdijyfh\\ukhdbckm]jh[\^hev^hjh]bKg_]k\b^mfy]dbcbimrbkluc hpZjZiZeg_`gu_s_dbbjZahfh[^Zeoheh^hfgZ[b\ZykvaZ\hjhlgbdb\jmdZ\ZFmnlZ__dm^Zlh hle_l_eZbfhjhalhlqZkijbgyekydmkZlvlhgdb_iZevpu I_j_\_jgm\rbkvgZkibgmhgZhldjueZh[e_ie_ggu_kg_]hfj_kgbpubaZf_jeZhl\hklhj]Z]ey^y\ [_a^hggh_[_a_^bgh]hh[eZqdZkbg__g_[h=hkih^b]em[bgZlhdZdZy:`^jh`vijh[bjZ_lZ\ ^mr_rbjblkybjZkl_l\hklhj]bhivygyxs__qm\kl\hk\h[h^udZ`_lkyqlh[m^vaZkibghc djuevylZd[ub\afZogmeZbfbbihe_l_eZ\wlm[_kdjZcgxx\ukvbkbgv IZ\_ekljm^hfm^_j`Z\ih\h^vygZdjmlhfih\hjhl_h]eygmekygZaZ^q_j_aie_qhblml`_ ihoheh^_ehbmiZehe_^urdhx\gbak_j^p_^ZebgZ[_ehfkg_]mkeh\ghdZieydjh\bZe_edjuluc [ZjoZlhfkZehi_]h`_guGZlygm\ih\h^vyR_oh\kdhckiju]gmedh[emqdZb[jhkbekydg_c gZijyfbdq_j_aihe_ijh\Zeb\Zykvihdhe_gh\kg_]bimlZykv\iheZo^ebgghc[h[jh\hcrm[u Xe_gvdZhlqZyggucdjbdih^o\Zlbebihg_k\_l_j\[_kdjZcgbc[_eucijhklhj AZ^uoZykv[_`ZelZdqlhg_sZ^ghaZdheheh\[hdm^uoZgb_kojbihf\uju\Zehkv[_eufh[eZqdhf bahjlZMiZ\gZdhe_gbjy^hfkg_cIhevh[o\ZlbeeZ^hgyfb__ebph Xe_gvdZjh^gZyfhy`b\Z K_j^p_[behkv]^_lh\]hje_g_`^Zggu_ke_auh[h`]eb]eZaZK_j^blhkfZogm\bojmdZ\hfIZ\_e �h[gy\`_gmaZie_qbihfh]_cih^gylvkyZlZdbaZkluebh[Z\]ey^u\Zykv\]eZaZ^jm]^jm]Z ;h`_Y^Z`_\i_j\hf[hxlZdg_[hyekydZdk_cqZkhljyob\Zykg_]k\hjhlgbdZ__kZehiZ ijhr_ilZedgyav Fukevhlhfqlhhgfh]ihl_jylv__h[h`]eZ[m^lh_]hdbiyldhfh[^ZebZ\ke_^aZg_cijbreZ g_ihgylgZykeZ[hklv^jh]gmebb_^\Zg_ih^h]gmebkvdhe_gb Khfghc\k_ohjhrhijbeh`b\eZ^hgvd_]hs_d_hlha\ZeZkv@xebaZ]ey^u\Zy\_]h h[_kihdh_ggh_ebphIjZ\^Z\k_ohjhrhY^Z`_bkim]Zlvkyg_mki_eZ^Zbkg_]fy]dbc ;h]fhcZjmdblhe_^ygu_aZ[hleb\hkh]j_\Zy__eZ^hgb\k\hbojmdZo_^\ZaZf_lghmeu[gmeky R_oh\kdhc\k__s_fuke_gghdeygyk_[yaZg_hklhjh`ghklv AZkibghcaZa\_g_eb[m[_gqbdb\kojZigmeZdhj_ggZyaZijy`_ggZy\kZgbDmq_jR_oh\kdbo^h lh]h_oZ\rbc\_johfke_^hfaZkZgyfbl_i_jvih^h]gZekZgbbhklZgh\bekyhdhehaZklu\r_cgZ kg_]miZju Qlh`u[ZjbgE_]q_gZ^h[ghe_]q_KZgb\hgqmlvg_hijhdbgmeb[Zjugx_^\Zg_m]jh[beb ijh[mjqZehg_^\ZkeurghghR_oh\kdhcmkeurZe LuFbjhg]h\hjb^Zg_aZ]h\Zjb\Zckykd\havam[uijhp_^bedgyavAZ[uekd_f]h\hjbrv" Xey\a^jh]gmeZhle_^ygh]hlhgZkmijm]ZIhke_hlt_a^Zbaklhebpukg_xhg[uefy]q_\hkdZgh _^\ZdlhlhaZ^_\Ze_]hblhlqZkdgyavf_gyekygZ]eZaZoF]gh\_gghijhklmiZebq_jlubklbggh]h ZjbklhdjZlZdhlhjuckkZfh]hhljhq_kl\Z\hkiblu\ZekydZdohaybg\k_fmqlhhdjm`ZehgZfgh]h \_jkl\hdjm]bhgZeh\beZk_[ygZfukebqlh_klv_s_\g_fl_klhjhgugZlmjuhdhlhjuo_cihqlb gbq_]hg_ba\_klghbhgklZjZ_lkyijbg_cbog_^_fhgkljbjh\Zlv h[gbfZyh^ghcjmdhcaZie_qb Ljh]Zc[jhkbehgFbjhgm KZgbe_]dhaZkdhevabebihmdZlZgghc^hjh]_h[jZlghdmkZ^v[_`_eZgb_dZlZlvkyijhiZehb@xeb kIZ\ehf_^bgh^mrghj_rbebhlijZ\blvky^hfhc @bagv\IZ\eh\hihke_[e_kdZb\_ebdhe_ibyI_l_j[mj]Zl_deZe_gb\hbg_ki_rghgbqlhg_ gZjmrZehihdhyh[blZl_e_c[Zjkdh]h^hfZG_dhlhjh_h`b\e_gb_gZklmibehkijboh^hfFZke_gbpu dh]^Z\k_e_mkljhbebg_[hevrmxyjfZjdmb]meygv_F_klgu_eZ\hqgbdbbaZ_a`b_lhj]h\puijyfh gZk_evkdhciehsZ^b\uklZ\bebk\hclh\ZjgZhldjuluoehldZohdhehdhlhjuolheibebkv ihdmiZl_eb\_k_ehlhj]mykvbijbp_gb\Zykvdlh\ZjZfkZfhfp_glj_iehsZ^bklhyehqmq_eh FZke_gbpudhlhjh_ihljZ^bpbbk`b]Zeb\ihke_^gbc^_gv]meygbc;uebb\_a^_kmsb_pu]Zg_ H^bgbagboa^hjh\uc^_lbgZ\Zehcr_edh\hcjm[Zo_bdhjhldhfh\qbgghflmemi_gZjZkiZrdm\_e �gZ^ebgghcp_ibmklZeh]h[_ajZaebqgh]hdhdjm`Zxs_c_]hlhei_f_^\_^y_l\hjZh[klj_eb\ZeZ dhkheZih]hkg_`dZfbbk\ba]hfjZa[_]ZeZkv\jZkkuigmxdh]^Zhgih^gbfZeehofZlmx]heh\mb juqZeih\h^y\hdjm]hkdZe_gghc