H>EGI(I;GC G;DI7B I7M;H
=^in =dYZ gZfj^gZh i]Vi ndj ]daY i]ZhZ iVmZh ^c ZhXgdl* JaZVhZ gZb^i eVnbZci
Wn i]Z .,i] d[ i]Z bdci] [daadl^c\ ZVX] fjVgiZg id Vkd^Y Zc[dgXZbZci VXi^dc* N]Vc‘ ndj*
:XS g]c4
M^\c i]Z gZijgc VcY kZg^[n VXXjgVXn d[ YZiV^ah9
?cXadhZ V X]ZX‘ l^i] Vc VXXdjci cjbWZg VcY bVYZ eVnVWaZ id p=^in NgZVhjgZgq9
?CFEGI7DI ?D<EGC7I?ED
JF?;M? @CF? ; L?NOLH ?P?H C@ HI N;R CM >O?* G;E? ;FF =B?=EM J;S;<F? NI NB? p=CNS NL?;MOL?Lq* =IGJF?N? NB?
=ILL?=N L?JILN ;H> L?NOLH CN QCNB SIOL J;SG?HN HIN F;N?L NB;H NB? .,i] I@ NB? GIHNB @IFFIQCHA NB?
KO;LN?L I@ =IFF?=NCIHM* C@ NB? .,i] @;FFM IH ; Q??E?H>( NB? L?NOLH CM >O? IH NB? H?RN <OMCH?MM >;S*
H>EGI(I;GC G;DI7B I7M4
-* QBI GOMN =IFF?=N ;H> L?GCN MBILN)N?LG L?HN;F N;R6 ;cn eZghdc Zc\V\ZY ^c i]Z gZciVa d[ iVc\^WaZ
eZghdcVa egdeZgin [dg eZg^dYh aZhh i]Vc c^cZin)ild $5.% XdchZXji^kZ YVnh*
.* L;N? I@ MBILN)N?LG L?HN;F N;R6 -" d[ Vbdjci d[ \gdhh gZciVa gZXZ^eih*
9>7D=; E< 7::G;HH
9>;9A 7::G;HH IE 8; 9>7D=;: <CFFCHA G;CFCHA FI=;NCIH
D;L 7::G;HH :?H9EDI?DJ;: 8JH?D;HH
>;N? <OMCH?MM =?;M?> IJ?L;NCIH CH =CNS
H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU GIHNB UUUUUUU >;S UUUUUUU S?;L UUUUUUUU
;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
=CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU ;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
MN;N? UUUUUU TCJ UUUUUUUUUUUUUUUUUUUUUUUUUUU =CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
;==IOHN HOG<?L UUUUUUUUUUUUUUUUUUUUUUUUU MN;N? UUUUUU TCJUUUUUUUUUUUUUUUUUUUUUUUUUUUU
H>EJB: NEJ CEK;’
FB;7H; DEI?<N JH 7I ED9;)
:;I79> " C7?B IE4
=CNS I@ QCH=B?MN?L
JI <IR 3,2
QCH=B?MN?L P; ..2,0
G;C?I F7NC;DI IE4 9?IN E< L?D9>;HI;G’ FE 8EM 0/1’ L?D9>;HI;G’ K7 --1+/
<7?BJG; IE G;C?I I>;H; I7M;H C7N G;HJBI ?D <;BEDN FGEH;9JI?ED <EG ;C8;OOB;C;DI
+# ( "’&)(’$ &*%!#(
-3
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
;fRXaT IPf Ig^T FT‘X]S=‘]aa
GTRTX^baGPbT IPf
f ,!
FT\PZbg
?\bT‘Tab
I]bPZ
M]dgi)NZgb LZciVa NVm
F^X
KNL -
DVc u GVg
"’&)(’$ &*%!#(
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
21 /<B (’) 4:;697>?7= 3. %%)#’
29<;7- (’#!))*!$+$( C 05B- (’#!))*!+,&*
AAA"A:;697>?7=@5"8<@
5+146"6(4/ 4(06%. 6%9(5 K 814-5+((6
+18 61 2412(4.: ),.. 176 :174 &17210
! FI=;NCIH6 N]Z e]nh^XVa VYYgZhh l]ZgZ i]Z Wjh^cZhh ^h adXViZY*
" N;R NSJ? ;H> FC=?HM?6 N]Z ineZh d[ iVmZh i]Z Wjh^cZhh gZb^ih VgZ YZcdiZY Wn i]Z XdggZhedcY^c\ a^XZchZ cjbWZg*
# J?LCI>6 N]Z bdci] d[ i]Z XdaaZXi^dch eZg^dY* M]dgi)NZgb LZciVa NVmZh VgZ YjZ fjVgiZgan* NVmZh VgZ YjZ Wn i]Z .,i]
d[ i]Z
bdci] [daadl^c\ i]Z eZg^dY id Vkd^Y eZcVain VcY ^ciZgZhi X]Vg\Zh*
$ ALIMM L?=?CJNM6 Agdhh gZXZ^eih [dg Vaa igVchVXi^dch ^c i]^h XViZ\dgn*
% N;R6 N]Z Vbdjci d[ iVm YjZ $N;R;<F? L?=?CJNM m L;N? 8 N;R%
& J?H;FNS6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( V -," eZcVain h]Vaa WZ Veea^ZY
VcY gZb^iiZY $NIN;F N;R m ,*-, 8 J?H;FNS%
’ CHN?L?MN6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( h^beaZ ^ciZgZhi Vi V gViZ d[ -,"
VccjVaan h]Vaa WZ Veea^ZY VcY gZb^iiZY [dg ZVX] YVn i]Z eVnbZci ^h aViZ
$$NIN;F N;R ’ J?H;FNS% m >;SM F;N? m ,*,,,.3/5 8 CHN?L?MN%
( NIN;F6 N]Z \gVcY idiVa YjZ id WZ gZb^iiZY l^i] i]Z Xdjedc $N;R NIN;F ’ J?H;FNS ’ CHN?L?MN 8 NIN;F%*
=CNS I@ QCH=B?MN?L
JI <IR 102
QCH=B?MN?L P; ..2,0
+# ( "’&)(’$ &*%!#(
-3
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
% #$"
!;fRXaT IPf Ig^T FT‘X]S
=‘]aa
GTRTX^baGPbT IPf
" M]dgi)NZgb LZciVa NVm
F^X
# KNL -
DVc u GVg$ f ,! %
FT\PZbg &
?\bT‘Tab ’
I]bPZ (
!
H>EGI(I;GC G;DI7B I7M;H
=^in =dYZ gZfj^gZh i]Vi ndj ]daY i]ZhZ iVmZh ^c ZhXgdl* JaZVhZ gZb^i eVnbZci
Wn i]Z .,i] d[ i]Z bdci] [daadl^c\ ZVX] fjVgiZg id Vkd^Y Zc[dgXZbZci VXi^dc* N]Vc‘ ndj*
:XS g]c4
M^\c i]Z gZijgc VcY kZg^[n VXXjgVXn d[ YZiV^ah9
?cXadhZ V X]ZX‘ l^i] Vc VXXdjci cjbWZg VcY bVYZ eVnVWaZ id p=^in NgZVhjgZgq9
?CFEGI7DI ?D<EGC7I?ED
JF?;M? @CF? ; L?NOLH ?P?H C@ HI N;R CM >O?* G;E? ;FF =B?=EM J;S;<F? NI NB? p=CNS NL?;MOL?Lq* =IGJF?N? NB?
=ILL?=N L?JILN ;H> L?NOLH CN QCNB SIOL J;SG?HN HIN F;N?L NB;H NB? .,i] I@ NB? GIHNB @IFFIQCHA NB?
KO;LN?L I@ =IFF?=NCIHM* C@ NB? .,i] @;FFM IH ; Q??E?H>( NB? L?NOLH CM >O? IH NB? H?RN <OMCH?MM >;S*
H>EGI(I;GC G;DI7B I7M4
-* QBI GOMN =IFF?=N ;H> L?GCN MBILN)N?LG L?HN;F N;R6 ;cn eZghdc Zc\V\ZY ^c i]Z gZciVa d[ iVc\^WaZ
eZghdcVa egdeZgin [dg eZg^dYh aZhh i]Vc c^cZin)ild $5.% XdchZXji^kZ YVnh*
.* L;N? I@ MBILN)N?LG L?HN;F N;R6 -" d[ Vbdjci d[ \gdhh gZciVa gZXZ^eih*
9>7D=; E< 7::G;HH
9>;9A 7::G;HH IE 8; 9>7D=;: <CFFCHA G;CFCHA FI=;NCIH
D;L 7::G;HH :?H9EDI?DJ;: 8JH?D;HH
>;N? <OMCH?MM =?;M?> IJ?L;NCIH CH =CNS
H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU GIHNB UUUUUUU >;S UUUUUUU S?;L UUUUUUUU
;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
=CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU ;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
MN;N? UUUUUU TCJ UUUUUUUUUUUUUUUUUUUUUUUUUUU =CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
;==IOHN HOG<?L UUUUUUUUUUUUUUUUUUUUUUUUU MN;N? UUUUUU TCJUUUUUUUUUUUUUUUUUUUUUUUUUUUU
H>EJB: NEJ CEK;’
FB;7H; DEI?<N JH 7I ED9;)
:;I79> " C7?B IE4
=CNS I@ QCH=B?MN?L
JI <IR 3,2
QCH=B?MN?L P; ..2,0
G;C?I F7NC;DI IE4 9?IN E< L?D9>;HI;G’ FE 8EM 0/1’ L?D9>;HI;G’ K7 --1+/
<7?BJG; IE G;C?I I>;H; I7M;H C7N G;HJBI ?D <;BEDN FGEH;9JI?ED <EG ;C8;OOB;C;DI
+# ( "’&)(’$ &*%!#(
-3
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
;fRXaT IPf Ig^T FT‘X]S=‘]aa
GTRTX^baGPbT IPf
f ,!
FT\PZbg
?\bT‘Tab
I]bPZ
M]dgi)NZgb LZciVa NVm
F^X
KNL .
;eg u Djc
"’&)(’$ &*%!#(
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
21 /<B (’) 4:;697>?7= 3. %%)#’
29<;7- (’#!))*!$+$( C 05B- (’#!))*!+,&*
AAA"A:;697>?7=@5"8<@
5+146"6(4/ 4(06%. 6%9(5 K 814-5+((6
+18 61 2412(4.: ),.. 176 :174 &17210
! FI=;NCIH6 N]Z e]nh^XVa VYYgZhh l]ZgZ i]Z Wjh^cZhh ^h adXViZY*
" N;R NSJ? ;H> FC=?HM?6 N]Z ineZh d[ iVmZh i]Z Wjh^cZhh gZb^ih VgZ YZcdiZY Wn i]Z XdggZhedcY^c\ a^XZchZ cjbWZg*
# J?LCI>6 N]Z bdci] d[ i]Z XdaaZXi^dch eZg^dY* M]dgi)NZgb LZciVa NVmZh VgZ YjZ fjVgiZgan* NVmZh VgZ YjZ Wn i]Z .,i]
d[ i]Z
bdci] [daadl^c\ i]Z eZg^dY id Vkd^Y eZcVain VcY ^ciZgZhi X]Vg\Zh*
$ ALIMM L?=?CJNM6 Agdhh gZXZ^eih [dg Vaa igVchVXi^dch ^c i]^h XViZ\dgn*
% N;R6 N]Z Vbdjci d[ iVm YjZ $N;R;<F? L?=?CJNM m L;N? 8 N;R%
& J?H;FNS6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( V -," eZcVain h]Vaa WZ Veea^ZY
VcY gZb^iiZY $NIN;F N;R m ,*-, 8 J?H;FNS%
’ CHN?L?MN6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( h^beaZ ^ciZgZhi Vi V gViZ d[ -,"
VccjVaan h]Vaa WZ Veea^ZY VcY gZb^iiZY [dg ZVX] YVn i]Z eVnbZci ^h aViZ
$$NIN;F N;R ’ J?H;FNS% m >;SM F;N? m ,*,,,.3/5 8 CHN?L?MN%
( NIN;F6 N]Z \gVcY idiVa YjZ id WZ gZb^iiZY l^i] i]Z Xdjedc $N;R NIN;F ’ J?H;FNS ’ CHN?L?MN 8 NIN;F%*
=CNS I@ QCH=B?MN?L
JI <IR 102
QCH=B?MN?L P; ..2,0
+# ( "’&)(’$ &*%!#(
-3
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
% #$"
!;fRXaT IPf Ig^T FT‘X]S
=‘]aa
GTRTX^baGPbT IPf
" M]dgi)NZgb LZciVa NVm
F^X
# KNL .
;eg u Djc$ f ,! %
FT\PZbg &
?\bT‘Tab ’
I]bPZ (
!
H>EGI(I;GC G;DI7B I7M;H
=^in =dYZ gZfj^gZh i]Vi ndj ]daY i]ZhZ iVmZh ^c ZhXgdl* JaZVhZ gZb^i eVnbZci
Wn i]Z .,i] d[ i]Z bdci] [daadl^c\ ZVX] fjVgiZg id Vkd^Y Zc[dgXZbZci VXi^dc* N]Vc‘ ndj*
:XS g]c4
M^\c i]Z gZijgc VcY kZg^[n VXXjgVXn d[ YZiV^ah9
?cXadhZ V X]ZX‘ l^i] Vc VXXdjci cjbWZg VcY bVYZ eVnVWaZ id p=^in NgZVhjgZgq9
?CFEGI7DI ?D<EGC7I?ED
JF?;M? @CF? ; L?NOLH ?P?H C@ HI N;R CM >O?* G;E? ;FF =B?=EM J;S;<F? NI NB? p=CNS NL?;MOL?Lq* =IGJF?N? NB?
=ILL?=N L?JILN ;H> L?NOLH CN QCNB SIOL J;SG?HN HIN F;N?L NB;H NB? .,i] I@ NB? GIHNB @IFFIQCHA NB?
KO;LN?L I@ =IFF?=NCIHM* C@ NB? .,i] @;FFM IH ; Q??E?H>( NB? L?NOLH CM >O? IH NB? H?RN <OMCH?MM >;S*
H>EGI(I;GC G;DI7B I7M4
-* QBI GOMN =IFF?=N ;H> L?GCN MBILN)N?LG L?HN;F N;R6 ;cn eZghdc Zc\V\ZY ^c i]Z gZciVa d[ iVc\^WaZ
eZghdcVa egdeZgin [dg eZg^dYh aZhh i]Vc c^cZin)ild $5.% XdchZXji^kZ YVnh*
.* L;N? I@ MBILN)N?LG L?HN;F N;R6 -" d[ Vbdjci d[ \gdhh gZciVa gZXZ^eih*
9>7D=; E< 7::G;HH
9>;9A 7::G;HH IE 8; 9>7D=;: <CFFCHA G;CFCHA FI=;NCIH
D;L 7::G;HH :?H9EDI?DJ;: 8JH?D;HH
>;N? <OMCH?MM =?;M?> IJ?L;NCIH CH =CNS
H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU GIHNB UUUUUUU >;S UUUUUUU S?;L UUUUUUUU
;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
=CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU ;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
MN;N? UUUUUU TCJ UUUUUUUUUUUUUUUUUUUUUUUUUUU =CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
;==IOHN HOG<?L UUUUUUUUUUUUUUUUUUUUUUUUU MN;N? UUUUUU TCJUUUUUUUUUUUUUUUUUUUUUUUUUUUU
H>EJB: NEJ CEK;’
FB;7H; DEI?<N JH 7I ED9;)
:;I79> " C7?B IE4
=CNS I@ QCH=B?MN?L
JI <IR 3,2
QCH=B?MN?L P; ..2,0
G;C?I F7NC;DI IE4 9?IN E< L?D9>;HI;G’ FE 8EM 0/1’ L?D9>;HI;G’ K7 --1+/
<7?BJG; IE G;C?I I>;H; I7M;H C7N G;HJBI ?D <;BEDN FGEH;9JI?ED <EG ;C8;OOB;C;DI
+# ( "’&)(’$ &*%!#(
-3
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
;fRXaT IPf Ig^T FT‘X]S=‘]aa
GTRTX^baGPbT IPf
f ,!
FT\PZbg
?\bT‘Tab
I]bPZ
M]dgi)NZgb LZciVa NVm
F^X
KNL /
Dja u MZe
"’&)(’$ &*%!#(
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
21 /<B (’) 4:;697>?7= 3. %%)#’
29<;7- (’#!))*!$+$( C 05B- (’#!))*!+,&*
AAA"A:;697>?7=@5"8<@
5+146"6(4/ 4(06%. 6%9(5 K 814-5+((6
+18 61 2412(4.: ),.. 176 :174 &17210
! FI=;NCIH6 N]Z e]nh^XVa VYYgZhh l]ZgZ i]Z Wjh^cZhh ^h adXViZY*
" N;R NSJ? ;H> FC=?HM?6 N]Z ineZh d[ iVmZh i]Z Wjh^cZhh gZb^ih VgZ YZcdiZY Wn i]Z XdggZhedcY^c\ a^XZchZ cjbWZg*
# J?LCI>6 N]Z bdci] d[ i]Z XdaaZXi^dch eZg^dY* M]dgi)NZgb LZciVa NVmZh VgZ YjZ fjVgiZgan* NVmZh VgZ YjZ Wn i]Z .,i]
d[ i]Z
bdci] [daadl^c\ i]Z eZg^dY id Vkd^Y eZcVain VcY ^ciZgZhi X]Vg\Zh*
$ ALIMM L?=?CJNM6 Agdhh gZXZ^eih [dg Vaa igVchVXi^dch ^c i]^h XViZ\dgn*
% N;R6 N]Z Vbdjci d[ iVm YjZ $N;R;<F? L?=?CJNM m L;N? 8 N;R%
& J?H;FNS6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( V -," eZcVain h]Vaa WZ Veea^ZY
VcY gZb^iiZY $NIN;F N;R m ,*-, 8 J?H;FNS%
’ CHN?L?MN6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( h^beaZ ^ciZgZhi Vi V gViZ d[ -,"
VccjVaan h]Vaa WZ Veea^ZY VcY gZb^iiZY [dg ZVX] YVn i]Z eVnbZci ^h aViZ
$$NIN;F N;R ’ J?H;FNS% m >;SM F;N? m ,*,,,.3/5 8 CHN?L?MN%
( NIN;F6 N]Z \gVcY idiVa YjZ id WZ gZb^iiZY l^i] i]Z Xdjedc $N;R NIN;F ’ J?H;FNS ’ CHN?L?MN 8 NIN;F%*
=CNS I@ QCH=B?MN?L
JI <IR 102
QCH=B?MN?L P; ..2,0
+# ( "’&)(’$ &*%!#(
-3
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
% #$"
!;fRXaT IPf Ig^T FT‘X]S
=‘]aa
GTRTX^baGPbT IPf
" M]dgi)NZgb LZciVa NVm
F^X
# KNL /
Dja u MZe$ f ,! %
FT\PZbg &
?\bT‘Tab ’
I]bPZ (
!
H>EGI(I;GC G;DI7B I7M;H
=^in =dYZ gZfj^gZh i]Vi ndj ]daY i]ZhZ iVmZh ^c ZhXgdl* JaZVhZ gZb^i eVnbZci
Wn i]Z .,i] d[ i]Z bdci] [daadl^c\ ZVX] fjVgiZg id Vkd^Y Zc[dgXZbZci VXi^dc* N]Vc‘ ndj*
:XS g]c4
M^\c i]Z gZijgc VcY kZg^[n VXXjgVXn d[ YZiV^ah9
?cXadhZ V X]ZX‘ l^i] Vc VXXdjci cjbWZg VcY bVYZ eVnVWaZ id p=^in NgZVhjgZgq9
?CFEGI7DI ?D<EGC7I?ED
JF?;M? @CF? ; L?NOLH ?P?H C@ HI N;R CM >O?* G;E? ;FF =B?=EM J;S;<F? NI NB? p=CNS NL?;MOL?Lq* =IGJF?N? NB?
=ILL?=N L?JILN ;H> L?NOLH CN QCNB SIOL J;SG?HN HIN F;N?L NB;H NB? .,i] I@ NB? GIHNB @IFFIQCHA NB?
KO;LN?L I@ =IFF?=NCIHM* C@ NB? .,i] @;FFM IH ; Q??E?H>( NB? L?NOLH CM >O? IH NB? H?RN <OMCH?MM >;S*
H>EGI(I;GC G;DI7B I7M4
-* QBI GOMN =IFF?=N ;H> L?GCN MBILN)N?LG L?HN;F N;R6 ;cn eZghdc Zc\V\ZY ^c i]Z gZciVa d[ iVc\^WaZ
eZghdcVa egdeZgin [dg eZg^dYh aZhh i]Vc c^cZin)ild $5.% XdchZXji^kZ YVnh*
.* L;N? I@ MBILN)N?LG L?HN;F N;R6 -" d[ Vbdjci d[ \gdhh gZciVa gZXZ^eih*
9>7D=; E< 7::G;HH
9>;9A 7::G;HH IE 8; 9>7D=;: <CFFCHA G;CFCHA FI=;NCIH
D;L 7::G;HH :?H9EDI?DJ;: 8JH?D;HH
>;N? <OMCH?MM =?;M?> IJ?L;NCIH CH =CNS
H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU GIHNB UUUUUUU >;S UUUUUUU S?;L UUUUUUUU
;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU H;G? UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
=CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU ;>>L?MM UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
MN;N? UUUUUU TCJ UUUUUUUUUUUUUUUUUUUUUUUUUUU =CNS UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
;==IOHN HOG<?L UUUUUUUUUUUUUUUUUUUUUUUUU MN;N? UUUUUU TCJUUUUUUUUUUUUUUUUUUUUUUUUUUUU
H>EJB: NEJ CEK;’
FB;7H; DEI?<N JH 7I ED9;)
:;I79> " C7?B IE4
=CNS I@ QCH=B?MN?L
JI <IR 3,2
QCH=B?MN?L P; ..2,0
G;C?I F7NC;DI IE4 9?IN E< L?D9>;HI;G’ FE 8EM 0/1’ L?D9>;HI;G’ K7 --1+/
<7?BJG; IE G;C?I I>;H; I7M;H C7N G;HJBI ?D <;BEDN FGEH;9JI?ED <EG ;C8;OOB;C;DI
+# ( "’&)(’$ &*%!#(
-3
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
;fRXaT IPf Ig^T FT‘X]S=‘]aa
GTRTX^baGPbT IPf
f ,!
FT\PZbg
?\bT‘Tab
I]bPZ
M]dgi)NZgb LZciVa NVm
F^X
KNL -
IXi u >ZX
"’&)(’$ &*%!#(
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
21 /<B (’) 4:;697>?7= 3. %%)#’
29<;7- (’#!))*!$+$( C 05B- (’#!))*!+,&*
AAA"A:;697>?7=@5"8<@
5+146"6(4/ 4(06%. 6%9(5 K 814-5+((6
+18 61 2412(4.: ),.. 176 :174 &17210
! FI=;NCIH6 N]Z e]nh^XVa VYYgZhh l]ZgZ i]Z Wjh^cZhh ^h adXViZY*
" N;R NSJ? ;H> FC=?HM?6 N]Z ineZh d[ iVmZh i]Z Wjh^cZhh gZb^ih VgZ YZcdiZY Wn i]Z XdggZhedcY^c\ a^XZchZ cjbWZg*
# J?LCI>6 N]Z bdci] d[ i]Z XdaaZXi^dch eZg^dY* M]dgi)NZgb LZciVa NVmZh VgZ YjZ fjVgiZgan* NVmZh VgZ YjZ Wn i]Z .,i]
d[ i]Z
bdci] [daadl^c\ i]Z eZg^dY id Vkd^Y eZcVain VcY ^ciZgZhi X]Vg\Zh*
$ ALIMM L?=?CJNM6 Agdhh gZXZ^eih [dg Vaa igVchVXi^dch ^c i]^h XViZ\dgn*
% N;R6 N]Z Vbdjci d[ iVm YjZ $N;R;<F? L?=?CJNM m L;N? 8 N;R%
& J?H;FNS6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( V -," eZcVain h]Vaa WZ Veea^ZY
VcY gZb^iiZY $NIN;F N;R m ,*-, 8 J?H;FNS%
’ CHN?L?MN6 C[ gZb^iiZY V[iZg i]Z .,i]
d[ i]Z bdci] [daadl^c\ i]Z XdaaZXi^dc eZg^dY dc i]Z Xdjedc( h^beaZ ^ciZgZhi Vi V gViZ d[ -,"
VccjVaan h]Vaa WZ Veea^ZY VcY gZb^iiZY [dg ZVX] YVn i]Z eVnbZci ^h aViZ
$$NIN;F N;R ’ J?H;FNS% m >;SM F;N? m ,*,,,.3/5 8 CHN?L?MN%
( NIN;F6 N]Z \gVcY idiVa YjZ id WZ gZb^iiZY l^i] i]Z Xdjedc $N;R NIN;F ’ J?H;FNS ’ CHN?L?MN 8 NIN;F%*
=CNS I@ QCH=B?MN?L
JI <IR 102
QCH=B?MN?L P; ..2,0
+# ( "’&)(’$ &*%!#(
-3
= !
7JI>EG?O;: H?=D7IJG; :7I; F>ED;
7JI>EG?O;: H?=D7IJG; C;7DH I>; H?=D7IJG; E< I>; 9EBB;9IEG 7D: G;C?II;G E< I7M)
=dbeaZiZ Cc[dgbVi^dc LZfjZhiZY <Zadl v MZZ LZkZghZ [dg CchigjXi^dch
<jh^cZhh HVbZ6
<jh^cZhh FdXVi^dc6
% #$"
!;fRXaT IPf Ig^T FT‘X]S
=‘]aa
GTRTX^baGPbT IPf
" M]dgi)NZgb LZciVa NVm
F^X
# KNL -
IXi u >ZX$ f ,! %
FT\PZbg &
?\bT‘Tab ’
I]bPZ (
!