Professional Documents
Culture Documents
Durga Saptashati English Translation PDF
Durga Saptashati English Translation PDF
!"$#&%('*)+#-,.
/021436587902:-74;=<?>-@47 ACB027974;?7
LZ2jehZ2_9\&YIZ~Z]^\bd } ^`~\9^`~eI^`9`YgCjoZ2~i&~bi&^P } Z2ahi&j^I
DFs E-GIH2JLK9MNKPOQJSRUT9VXWY[Z]\9^`_9acbedgfFY\9dh_9Y\&i9j^`_9acklTGmT9noKPOQnoprq {o^`9~beqYI_9ZNhZ2 je}_9^`^r`9Y C ~d\9_LYI~d2j.^`f4-Y?i9je^`_Z&9\9^`Y~wbZ2[^`Z].`Z]Yf4\dbi9} b Yc} YI^`^`~Ca }f9b^`j} b } L Z]} _d2iP q
9YIZ^`ha Z2} jeb _9} ^r2L^``i&Z2_-~bhjeZ2^`dh_-i9boZ2~j~Zd_cf-d2
-b i9} jeYcahZ9jo-Z2fFIYIYC[d2Z].LYCZ b }} YgZ2=`dZj\Z+d]hlq b } Y
y} YC~Z-^_&a(td]uwvCLxZ]yw\ } z iW|Z]_9{ \cZ]^boZ2f } Z f4d9jq_? d2_bdh} jeY tYI} j+^`bebj^`ZYI\9~+-_4b } Z2Y~ejbrY-jei9Z2`~c^_&Z=ac-d2^`h_9YIa?j_4b } Z2YC? YI\} dh-`i9YCjoZ2bdh} j`Z9\
=YI\&^boZ2be^d_d]Z } Z]hZ2`^ ^`\9_i9b 2} YL^`4YY j}^`d-^`~
\*d2d2c_- h} Z2^`je`d\9je^YI~o_lZ9q q v u b
YLb } 9Z2jeb
dhbebe^`YIIbYY\b } Y+} ^`~^`_9~eai9~[fh2o YII} bed~
} djYI\&~e~wdhj^`b?_ b} dYIj L} Z Z]} _9Z2\9h~CZ]b`^} Y( ~e} .d dj} \lZ2F~\9^`be~YI_NZ]Z]IYII~[YhNZ2bYIje_jd2`YI~[ahF~=fFZ2d2_9c\ .YjYCb } Y\9YI~bejd2YIj~+d2
b } YCh&f4Y[Z2?Y } ^~Y_9YI^`YI~q
IYI`i9YIfl\lN~eZ24\9Y[dZ]jj[_92Y?\L^`~~^`^``b Yh} } di9j_4=Z]Z2_ YI} _-Y[bZ]~\(dZ2__&Z2\g`dh} _9Yjg} `^` }f9d~^`Z]~N_9b }\LjYI`i-Yo 9q u Yh2b } Y
^`YI`\9YIjd29Fd2.Yjri9-Y[Z2Fdh_&~[di9a } blZf4Z2beb`Y
dhje^`\9_9YIdji9b~
d+`\9^`hYIYC~ebZcjd2f9`i9LY
Z]o\Y.} i(YIrZ29_9Z]\_9\ Z]^`} bdZ2f} Z9j Z } } YI_ZwYI^`-~ b} dh_-``i(YI\?Z2^_ ~ b } ^`db }i9a b } } Ycb } \9YY~bjed2YIhjYIYLje~CZd2~CZ]d`Z]~[dh&jef9Ii9Yhbq yZ2} ~YI\9_ Yo} Y[Y=Z2bejYIY\Lbi9f-je_9YIb \*} YIbe d
^`_~eb^`[~`YIYIPq }^`^``~
i9~ed2bje^_di9~^br--^-_&Z2ac_9$\?Z]j~$i9`Z]YIb\?boZ2d2ohhYIYIj \?} f-^`~.(b } dhdh_?~eYwIdhFi&d2_.bejYI-jq i9yN}YI_&YI_=YIb }^`YIZ]~b q
l IooeIIloI2oIN`FPo2-C
I2eI`22hgIP2e+eoI2I2N`92I2CIC2CFIIl2IoeowIlNo2oeIocohI42&l22II[22 ~ bej9YIq _9az b } h]Y_$Z]^`~N_ jdh} f&^`~=f4YId2\d2_* } I^`^`~Nbr-bjeY[bZ2} ~ei9Yj(-^`Z]_9_9a4\cZ2_9jed2w?f fFYI} j^`Yo~Nd2bLd2_
oI-e4c2III2II2e$2l II II2cloo2IIII29o222I 2 2I-2[ec2.I 4Zd2beYIj[YIj\9i9Yr9j-^`h^`IY^`\dhi9d]~LZ2b _&} \^`~YI~e-d2^`hYI\&jeYI^~e^`4ah_-dbr~YI\8b } YL^`_9-^`~e^`_9bYIa je~[`q YobyZ2} `YIdje_9YoY
I22ICF22ICF2II2INI22?
94I2I2N2o`F-I4PII2[N`24r
2` FIlP dh_ } dhje~Yorf4Z2odhjZL\&YI_9~Y?djYI~eb[i9_9\&YIjb } Y=9jeYIbYb?d2
I2h
l2F
I2eIgmN24hI=2h2 I9II22II2
2Fg2eeee[2Ilo2olI2I } i9_-b^`_9a4q
222II2Io.oI2I+ecIF`Ie[NeI2I22Io2oII2PI2c2I.
e22IeIm4FII2Io22 Z2{ ?mdh{_9{hqau b } Y
Y~obrZ^`Ib }YorYIf4jedY
jb _} Y l}^`_ YI} j?Z]f9^`^`bbZ2YIa\Ylf-d](&^`YI`\ \(} Z2Z]_&~rN^=b } Z2Y
`~N~ei99} je^`YI } Y
2ol[ee I22+Ie2-[2IIC2
co4+22P`I22 .z _-YjbYYIjeFbZ]Y[^Z2_&IYIYm\=i9fr
Z2b _9} \ Yg~oaZ2jaZ]YhI9YI\-i9f-joZ2b }b } ZcY~e4\9YI^`~_-b^&~edhY~cYd2wbe^`b } YY~Z]d2ahYh q
2Poc[e222
Ih2Pw22e2I22e+22IeoI2l
ee[& lh222CIl222e2 ^`_9aSZ]f4di9b^_=b } Y } YIj?^`bZ2aYwd]b } YcahjeY[Z2b~oZ2ahYq
2oI[2P hI
9C2II2II[I2
`2I 2cI2
I.2o
2
olII
I.II2oIe`IN2 { m{9q y} YIjeYb } YI_*d2YIjdhY?^`b } Z2bebZ2 } ?YI_-b[ } Y=YI`
IPI2II2e2
[ I2III2-I9.N&2.2w 2o2C222I2III22
CP2oIoo ^`_ be} d^` b } } Y$Z]b }~di9a YI} `lb[ ai4 Z2je\9\9d YI\=_9dhf-b?-_9d2 Z2_& IYI} ~YIbebdh} je~YjZ]_9b }\=YLjYI[Z]YI9_-^`bb`Z]
N
2
N
Ph2eC
2o9I
II2N.C2I2.F[C
`I
2CIecoIIIo2I2[NI2o
rrccoew``N42I224Q-$Iw2I+22I2 w2ger2[r
Iw2o II2- 2leII]Il2`-II2Ie2cCPIIo2I
2IFIIoN2e2$ oIoIoIIo2I[2]e2oooII2o`
rNcIew+`IIw2IeIII2 29P`[II[2
I2lN2-II2c2eIoI92o2 (h22I
Io[o2oooIo[I`o2I`2NI222ooooI22`` r2ooo2`rl22oooI[`
IP2
o92l2Ie4oF2P2CI2e
{
2Z jeYcZ2\9\9^`IbeYI\Lbed(^`&jdhFYIjYI-4Y_9\9^`bi9jeYI~[q
uf4Yd2YI|_ ^`\9~(^`~b d2} ^`~[_9 Y\f-f4=YI~eb b} ^`d]~cw ~} Z2^`a`\9YIje~ YI_lNv _9^\Y(b Z]} _9^`~(\?~YIYIjejh Z2} _-Z]b_~bZ]} _9Z]\ ~
-) !
dh~{[Zb} m{YIj+9Zq b } y^`YI_9} jeaY ~[} q-Z2^`+_-_9b[a=Y[Z2$jCZ2_9Z]b ~C\*} Y IZ2dh} ~e_-hYIbYIje^`\_-i4^`} bZ]Z]^``ah=YC b d2}
u ^_&b d } Y(^`_9a=jd]}Z $}d bZ2}Z2=jeYIY=~Z2Y=_4hZ Z2dh_9i} \ Y
bdh^`dhje_F~Z]Z2hbYIY_bed2f-$ Z]} j^`\9~
~d2b } _YIFYIq dh&yY} -i9~~b^`f4` d}b } Yw^`} ~Y^_&Z]dh_9j\ \&^_F Z2b\9YjZZ _ NYIf-o
.' $#
Z2Z2bejebY(Z2YI -} I?YYIYI\9_-^`b_9bahd2`Z2i9je_ \9} ~wZ]d9fh-oYIqIbeu~gd2 } dhb ~} Y^~ \9Yo} Z]YI9bF~cYI_9~[YcP\9b } d?YI_l_&Pd2~c^`j[
\9^`_d } ?Z]dhb(^_&i ^`\ ~Z]9b } FY=u Y[Z2Y[jj=Z]Y[jZ]Z2^`~_9~dha _ ^b } Zd^`j(~(^~edh4bi9YIYI\*jY I} d^`d2b }w^`_9b aha} jeY^`} YoY-(j^`Z2Y_9_9aF\i9\9bYIbe} &YIYIjjjYIYIYm\~e~dhYIje^\_ Y
by} } Z]^`b~cb\9} YIdh`i9i9~ea ^`}dh_ fFYYI~Z2YIjebeY ~ZYZ2jeZ2YL~d2.(Y^`bZ2~b } } ^`~?^`\9FYI`f9i9`~^`_9^`d\9_*YI\IdhZ]?~(YI~ Y !
Z2jeYg^`_?jYI~e4YIbgd] \9^`~Ije^?^`_4Z2be^d_lq
\9-^`d+_9_9~?dhbYI-_S_9Z]d2_9\Z2_-^-bYh} q ^v _&agb.Z2&~jYIje~eYIYIa_-Z]bj\9^~~.ahd-YId-\Z]jd2Y4df4j
Z]^`\crd2`Fi9ocwb ~} dY_9^je~[~ INjbYdZ2bfFi&YgjYI~e~cd(Z2Y`_9~e\9d(d2IdYIah\4_9I^ IYdhj
dh[fhZ]obYIbebY~w-d]f9
^`j~\9YI~_99~eZ2YI_9~^`q Z]`~Z]_9\dhb } YIj
y} YC-^`_9a(~oZ2^`\l b-} _9Yd2`q YI\9 ahd-YdhZ]_9Z2\LbCbZ2} jYYC~bY} f&YI^je\9~eYI~[`PhYI~} \&^` ^} ~ebjeb YI} ~d~ei9YI\La } f-b } } YIi9_9FadhYIjw~e~Z2YI~eje~Y
b\9h} YIdh& ~jY^`hq IYId2\=YIbdhd} i=i9*~Pd2^`~dhh`Ndhi&dhIi9jdhj=.i9?Y[jZ]~^`_&db }_9\~[]Z NYI^QIY.be^Z2d_9_4\Z2bedhYIb `} YIjZ2~be2b Z]} } d YI\X} ZhbdY
" $#
h^`_YIbebdhfFb }YI[YZ]fFi9Y[~YZ2-d2~cld]b }.Ywb } \9YYI^`jCi9~e^`dhdhi9_l_9aYI_9da-_9Z2YIah~Yq \u ^`_i&\9jZ2d_=99fF^`YI_9^`_9acaha~cjZ]Z]^j_&Yh~
d2~dCbah^`jahYIYYI_YIjc\Z]Z]jY djdh} _&i9ja(jYI`beYI?i9\?jYI_ ^`_l_4be} Z]d(YIb`bbol}Z2q YC} +YI\}d ^`bjhd=`Fdhidb } d_9YI4^`dd]jgb Z2~} beYI^`bY`\9Z2jeb }YI} _L?^`~ fFYI_-YI[b[z Z2hi&b YI} ~_ YY
h_9hddibg fF } YIq ZIdY=y} i9Y ^`b~gbe} YIZ]jYIjYIj\\ P^^`b bbc} q dhfFi&Y[a Z2}je} ~cb Z2b\9} YIZ2[YI~Z]_ d-ZI INi9YI\9jeId jbeYI^d\_=bdbedL?b } Yh^dhh_&~m\ Yi9~\9b(d-YIjZ]YI ~~
0 !
%
& 9^`jbCYd2Z2b \9 YI``i9i9~e~^`^`dhd_4_llb } }jddi9a=} Z2b }YI~cYb F} d2Y.YYIj^`~ed2bwYI_9LZYL} d2Z]Cb Z} -Y=Z=dhb j} `\Y
FZ2fFYIjZ2~e_9dh\9_9d~_9 ^`_9} ad }d2ZYY\9djj^`hZ=Y_crZ2b }YPYIdhji9bPZ]^_9_C\ b } Z]YIb^`bjlZ]a} jYIYI\YI_-bdhjNbedY[dZ2_9`b Y } ~
(' $# 1
4ddh~a-~eZ2^f&_9^`Y\9qjoZ9NLd]Z2wjewhYI^`c~ } _&_dhiPbL
Z2b }b?Y b } ^`d~[jq\ b d2} w^`~Lb } LYZ } dhZ2j=`\lZq Z b(^~?^`~cb f-} Y
-_9Z]d2~8beYIjg^bZ]q _9\_&-dh^`_9f9~e`Y }YI_lY[Z]q jb Y\&\d-_&^`_9dha4bC I} dhd2?X9^jbY } ^`~YI_9b \} Z2Z2b+`b b } } dhYci9?a } ^`_9 \ 2
}b } YIYj=b } Z Y} Z]dhjeZ\ Z^~=dhj\9Y^f&i&\9YI\9\ljqZ
^`_9YIja=^``b } Y~ } YC^`_9b \9} ~CYd2 } YIZ2aYIZ_ hZ]b } b^rY
^`Z2~I9dhji9d_-_9bcY=d]b$d b }`d2YIh Y=YI } YIY[_ZbYd2} Z2Y[jeZ\9-~L.~e^da j} b }~(`Z]YI~_9~?\L^`YI_9YI~e
\9YIYo_PYIq Ibe+YI\l_ q
)
*) i9_9^`~^`Yhh&Yjb ~} Yjed2f4d~b b } } YI? d2-^`_-^_&bda\9Z2YI_9`\i9~e^`i9dh_9_lq
d2 -} ^`Yc_9aFIjq YZ2 bbY~g^`~b } ~ }^`~YYI_- b} ^`jdFY
bd2} Z2Z]jeb\9[~Z2b _ } dh ~YC\9di9_&~^`d2_9-^`YL_9adh _9Y~ ^`_9\ \9d-YI~?_9dhbfFYIIdY } Z]j\
! b dh} } jYYIb [_} Z]YI9i9^`je~j dhY49d]_F^` beZ2^4Nd_Fi9`^`Z2~[f49]YI`f4jo^`f4YIZ2beYdh^jdZ2_lbeY^`qdh~. _lZ+} 2Ywf4Z2_&d-^`~\(dh_Ub YI} beaYCYI^j~e_Fi9YIZ2j9 jbhYd ~ } } YYCi9^`=-~_9Z2b d2}_cYfF`[YIYIZ]\9^`_9i9aha~YY ~
-3
bhZ2} _&Yc\ _9 Zdhqf&beYIyjwY} dYIf9_^`_9~aY|j-bedh^`_9ajaYIZ b } }b } YY(jgZ]_4Z2Yb&Z9^ 9F-ji9b d-} YIZ2Ybbe}Y(YIYI\jedh b je} } b Z2}Y_-=~bcZ2d29a YZ2} =^`Z2\ YIZ2} \ _&^} \Z2Z]_9~Z] \ ~
&)
+'
y} YC-^_&a(~oZ2^`\l
~dZ2~
Y+9jebdhdhF&YI^j[~[q b } YI(~oZ2b
\&d2_SZ]_9\Idh_-YIj~eYI\^b }(} ^|dh_
. 5 hLZ} 9Z2qZ
-YZ _9YIju Z]d2f98`Y\9~^`^`j[\LP~ } }Ycd=Id^`~Cb YC} ^`Z]_b bed+f4YI-Y^^
_& a4}4dhZ]"_9\Lh d}iZ][bZ]^``~
6
y} YC-^`_9a(~oZ2^`\l }} YIYIjj
_F~Z2b} i&YIjjYYLd]gZ2} IZ2beb
^`dh^`_l~ } YIj
.dhjojZ } =Z2_4} Z YIjeYojedh} |Z2b\9^`I\dh_9~ }~ebY+^`bdhi&jeb^YIa]~
-) .
bhd=^` _9je YI\99q `^`L~S-Z bd=^`j[ ^`^`Ib[ bq YI\ ^`~ ^}b }^`b dhbe} di&bw~Z2db~ej} jeYd2chIddhq i_-ybdje}_9dhdhYL
i&d]b a .} } ^_& a4q} ^`Z_-bYYYL``YI9dh`~eb[Y[b(NZ2~ebYI} \Y ^`Z2_4?Z2bedhY _9aCv b } `NYcb -} _9Z]d2b . Yj~^~ d2} be.d joZ} }YZ2=jZ2_ljedhq |hdil 8hdi~i&9jYI?Y
7 7
, )
-Z2_L^`_9ahZ]\9bbdZ] } ^`YIY$_-bZ]_bed^aZ2_9`ldhjob Z2} _-Ycb4Z]jZ]Z2_- 4} b YI} jdh_Fi9Z2a `^} Z d2-_9d2-^`br^`_9a \9} dhZhY q
y} YcW^`~ } ^N~Z2^`\l
h&{hql } Yc^`~YIbYIje_4Z2r&YIf4d-\9^`YI\=Z2~b } YCi9_9^`hYIje~Yhq. } YIj
^^`Z2_=`dh-`dhb\j} \&^~YIZjw^-~be~ 4dSYI} Z]jeY[IhZ2IZ2dhj\9?Y^`b\l9q `j^`dw~ }|YIb YI} jYcYhb } q9YIi&`jYIF~e} ~dhYI~_=~ Y} ~w~ Y+} d2^YC
_&[b Z2} Z2jeYc_4_&\9Z2^QYIbeYIYIh~~
Z]be~~[^`_(&} ~ YI=} jeYc~Z2YI_-^`~
'
8
d2.c=YIdhYIilj-Nb Y} h^YI_&_ a4 } }Yd2 } d=[Z]I_ jY[ Z]bYYI~beldh~eCi9h~bodZ2iX^`_9~cZ2d_&j\Y=\9b }YhZ2dh_i&jb ~C} ^`b ~o} Y
.hddi j`\l-^`~w} &d=i9bw^`~bed[Z2~4`Z]YIYf9l`Yq d2w} 9d?joZ2^`^`~ ~^`} _9YIajYhdh[iPZ]4lZ2 f9} `Ycd d]}
ZYIh-Ybdh=``Z2^`_9\9aY
A
i9Z2dh`_4NjeZ]d2~~~ Z]i9^`~rZ]f9w`Yg+^`~ Z]YI} -~_i9^iPjo4Z2fF~gYI^`-_9~eaLZ2YI\}Z]Z]i9iL_9\9Z2\YI_9\ \} b } ^hi9Z]Z~[^`.bZ2bf4fZ]Yh} YcZc^dbe i9}^`jwb } bY} YIdhf4~i9Y=d-j+\9br~^`YIi-\d
B
b~Y&jjji9^`f9_9`aY^`_-Z]b~di9jof4Z2YI~^`_9ab } Yjedh.YI`b r} Yw_&\9d2^`jeb._ d]wZ2\^`~ } } i*_-i Z2_9~.\ Y[Z]j~Z]-^`~bdhZ2i&f a } } Z9b 4-i9Yj^`^`dh-j+`4Zd2$Z]YIhj~YIq_9Y \YIb+jewdh^`~ } ~e_-YilYIFLb } Z2Y(_9\=LjZ]d~i9b~YYCjwi9d2
b } } ^`Y(~_4Z2dhbejei9`\ljYC-f4bedY
bbd?^`_9a=~Z^`_=.b } joYZ } =dbi9Z ~Fb j} Z Z2} bc[Z9Z]&b } YYdhi9Z]bob +} YIjejCdhd] .f4wY^`^~ _&} ah_~[i $~Z]_4~gZh~e^`YIbrr q
'
(
~Zb } YI~YcbrdahjYZ2bgZ]~i9joZ2~q D
-Z2_&YIY\^_&a ^b b} } YIZC~e-Y=^`YIbr.d bd(4ZYIjeIZ2YYIZ2_9~ei9^`_9jaZ]~u Z2Z]_9j^r\ 9Z]j_4Z Z2} je\ } ZZ2_FZ^`b Z]} ~`IYIdhYI_Ul 8
y} YcW^`~ } ^N~Z2^`\l
.\9hYIjo~eZ b} j9=i&q IZ9b^`ydhb _} } YIYCjed2YhIjeY[bZ2} Z2bedhY\ j} 9+i*^`YI_=Z2-_9dh^cj\d]\&YIcj\9Z2bYI^`dbo`i9Z2Z~f ^`} dZ2Z&_
YIYI\9_-jebeYI+dh ^`~`YI} } \X_-YIi?jb ~e} YIdhi9(j~Ldhb f-}i&Y b
93 :
Id2dIdh4~eZ]jZ2df&~[-Y b } Ycd-~\9i9\9&YI4~ed~jbd]Yjw+d2^`~ b} } _-Yil. djd`\9a~[Z2-_&b ^\&} jYcZ9[Z]b i9} ~Y Yd2i&YIb }YI_ Y
1 2 9 Z2j_9d\c Z]9u 4^`~wYZ2YIjYYI\c~[N^`_c?b dh} i9Yb ~} ^`a 9} _&bNdhd2~9bej^``j~[Z N} Z2jeZ~d2 9} ^`_9Y[~Z]jjbci9Z2boZ2_&f9\L`Y
f9f9jY^`jeZ2b ~} bq
~i&~bY_boZ2be^d_Z2_&\\9^`~~edh`i9be^d_Z]^`Y(d]
b } YCi9_9^`YIj~eY[Iq :
brj.Z]d_4d Z2YIje-u\4^`rZ2^~_4Z2Z&~eIi9dj i9Z]d ~}j\dhd]_ lZ2bb \ }} } YYici9i&Z2_&_9_9^^`\ChYIYIcjje~e~Z2YhZ2^` boZ2-d-fi9I}^`Y[bZ&beZ]YII_l\d].Uf-Z]Y _9\ } YIYYI~j[\9Z-^`|_9jda b~}Y+} dhYIi9~j Yd]
^`h~CZIj~Y[9Z]q IbdYI._9\P~qi9?dhYi^`b bS} dh^`iZ]~bc^`i9bgb _9} ^`^`Y=~ChY9YIj_&je~dhYC\lbq^`Y~Ibf4YId\Pjh_9dYhi &f-+} YId-hdh^.Z2i?Z]j_9Yb \} ^`Z]~dhi Zdh-jeZ2~\ i9~[q 8
-
?)
} Z2aZhZ]_l+^`~ } _-i4~Z]^\P
d2hdiLb } Z2YjYdhd2je
b } d2Y.b dh} jeY d]} db Y} Yc.IdjejY[`Z2\lbeN^`hZ2YCb+b d} jYIYbe^?Z]bwYCb d2} .YcIbje^`Y[?Z2beYw^`dhd2_
&)
~}hYIZ2je^`Y _ f-q ?.hYw} d_9dhi d2^`IcZ]YCjq Y^`~~b Z]}} bZ]^^`~~ b4_9Y\YIi&YI \=} ^^`b^`~_9} b\&} YIYIYIYj\lYcNq hd]diLZ]_?i9dh~bb+} f4YIjdb fF} ddf4_ Y
E 43
~Z2i&_&~\(bYZ2_bPbob Z2} beY^db_^`hdYiSd]4Z]bj}YYd2N\9^`b ~} ~eYdh`i9dhbeje^Xd_cd2d2N9b b} } YY.9jedhdhbejeYI`\lIb^`hdhYwiFZ2d2j.YYId2j
8
b-} _9Ywd2dh`jYI|\9ad]YwZ2b ~} .YwY\9FYI~eZ2b~
jei9b }IbYw^`aYcjY[4Z]d2b
_9YIYIj~eqI^`YI_9dhIi=Yh&Z2jb Y+} Yb } aYCjY[~eZ]i9b
9^`j_-YbYIY y} YcW^`~ } ^N~Z2^`\l
}$hZ2Z]m=b{ YI9{ZjhqZbIdy\ a} Z dhI~e^`} _9YZ]aabrZb h} d4Z2YI_P_XZ]l~i9Z2b }jobZ2Yb~o}I`dhcYLbebi9YI} ~_-i9beYI~^jehYLYIfF\ YI+dh^`jb_9` \Yh} Yb\ i&-j_9Zf-LYIX\8i&L~S^`_-Z]bZd b
2
f9_9 je^`a ^ _&} ahb{h^`q _9d2acw^`F_-YIbjdCd^`d-i \9dh^`Z]j=jYgYL\9b ^`b }~} ~eYCYLdh`b i99} bjeje^`^YId?Y _ldh-q jei4\9Z2^`Z2d^`
bi ^`[YIZ2Z]~jei9q Y~Ybd} id2Y=cZ2ahYIjeYgjhYYb Z2j} b-YCb _9} \4^`^`aZ2_9}jeaF b
-I
, 2
2 y} YcW^`~ } ^N~Z2^`\l
d2 di4_4Z2Z]jeYL\9b ^`} ~~Yd`ai9d-b\9^`dh\9_PYI
~e~Z2_9d2\cab d} d-Y=\bYjdhjje^`bf9i9`_9Y=Y_9.^`ab } } YLbd2jei9C`\9YIj[YI`i9~^`d-d\-_l q `{ dh^`^`YI_9`I~l\9{ Z2YIj_& \gqNd2c9b } ZIYI-dje^_9Y._& a ~e} YIh.YI\9Y+je^`YI~e^\bIi9~b ~d} `YIZ]^`j_9 \} } Y[Z2Z]a\9ZZ]~hIZ]Yh_l
^`b be}C+d-^`udh~ }^`~l_-b \&i4} ^YI~e2I bi9} ~YCdq _ ayj}u Y[i&Z]^`b~~
2
. 5
@3
2
YI_9~eYIbr~e~[2_&^`_-dhbi9Yje^`~^`ah} Y_9YI_Y=bI} IdZ2_-joZ2bYII_-beYIbj?^ IYIYI_-\Xb[f-bjZ]_--_9i9d2^``^`brYIw\9Z]a_9Yh\+f4dhZ2je~ f4} Yi9Z2jr
/
~w} d2Y+*L`^`~Z be} YIZ2_L=Z2Za-Z2Zh^`_ } b Y} jYC~YahQ`NdhZ2je9Fd2Y[
Z2jeb YI} \^`~ +} YIYI-_c^q 9jo Z2b^`Y~YN\gf-dh+ilq.joZ } =Z9q
fFZ2Z2_&bd2cIb Yh} q Y?Z]jv ~jZ2d2j??~Y(YI-\be~^``^`_9^`Y[ahb +}~hZ2~d_&i \dhjeZ]^je\ljdhY?_?~9F`Y[Y[Z2Z2Z2~ejYh^_&2Ia4h`Pdi9ihflY[
Z]Z=j\&Yw?^~ebeIdhYIi9jej~Y(je.^`f99``dhYhY[_9
Z]~ Z2^`} _9_9\a
b } dZ2i_Z2Z2j`Y+
^`b _9} \9YYIYI&\?Yb Z2} ~Y+^`_9~ai9&b j} YI^`?_9aY ~( Z2~h_9Z2\ je^rYhfFYIYIhYId\9_9^`_9\ab } Y fF} Y[^Z]a i9} b^Z2_9i9\rq jZ]_4Z9-\9i&j^`_9ab } YcFYIje^d-\=d2
9ZhZ2je_9^r-b } YcLZ]_-ilq
K L
%
~Z2`^ Y b_9} bqZ]bcjvYFZ2dh_9~+\~eYIdh ~jC~e} YI_9Z2~=dhbe_UYI^`~(hIYdj(dh_9d]i9~wje^~YYI_} bqYIjYi9h_9YIjhjYdhZ2Z=i Ib N } }^`_9d} a=Z2Z]bYIjY-Yh^`YI~b jcb} ~Y=Fd2I~dhd_UYIi9j =YI\9^`boZ2b^`d_d2
LZ } Z2Z2-~ } ^
%) jYI~edhjbbedLZ } Z2Z2-~ } ^rNb } Y\9Y~bjed2hYIjd]Z } ^`~Z]~i9joZ9
Z2_&} \Xd^` ~} ~dY[Z]b} YId\=\&dh~L_=^`b_ } YC} Ydj bi9YI~^`-a ^`} ~.bd]YIY_ b } Yg } dhZ]_9\9&~LYje^`dhd~o_Z2jd2-(Z]dh-jZ]Yh }b^`YIdhj
_?Yd2h
Yorb f9} jYcd2`^a~-} bb}~Y+d2`^adh}b } bYId]jwl\&.YIZh-Z2i ~+} bd-YIj.dLYZ2Ijd~ _--bbj}^`f9Y+i&bYIZ]\L_9be^dYI~b bo} ZY $'
b } Yg\&^~eIi9~C-i9\4Z]j~Z]_4Z9q
y} YcW^`~ } ^N~Z]^\P b.{[} &YYCqjYCyZ2~edh} ~9YIY&_jf9YI`d-~e`YI~dhYI\-\^``_9^`f-aac} Z2bebL~}d]Z YI} jZ2^`9~`9Z2 ~eb } i9} d jYCZ} \9YIZ]YI-\hFZ2IYI~djh^`b YI} _9YwYw^`YI^`_-\?bdod2f4dh-YIjeq ^`b_9Z]aQ~l jdh} d
Z\92{o_&YI9h\ qZ] ~(_9\&Z2g_&jZ+\dhb Z]je} Y~Yi9`jodZ2} j~C\cYI_d]d j(L\9Z YZ h} i9Z2^`~~[`Z] ]~b} i9} i9joYI_9Zje\9Yw$jeYIZ]\Z2~(~
b Z}Y[Z2Y=jeZ2~[jdq jfF\ YI_brd]b } YIZ2YIZ2_~ebci9bb j}} Z]YY~
N)
\9f9YIj^`_-_9&bNa{h^`qj_9dhya } dYc} j^`f4b~N} Yd2Z2Z=j_CY\&jgb^jed]~e^I \&i9YIx ~c_-^`_4bdi9Z2&hbcjZ=YId]~eYI-_-} ^`bh^`YI~CZh\d2^`\9blj_bZd \9} ^`^`YI~_9jIahi9Z]~d_9aj\cb Z} +Y ^Z~ }} bYI_-jej[^Qi q
'
Zv2jebYIjCd2I9db _ } -Y
i9\9YIjYI^`h_9Z]a=~N$Z2`Z]l~Nb h} Z2Y_ \9-YIi9h^`~Z2} ~YIN\cLf-Z w} b^`~o} Z2Y
~hi&Z2j`ZdjfFdhYIi&[~Z]Z]~Yci9job Z2} ~[Y q
.ZcZ2fFjed2i9X_4ZZ2a~ZhYIY `}lYIZ2j
~Z+brIdhd _9- i9} ^` hv Yjah~_&^Ui9Z+`N~ed]4Y[Z]Z2j je-jd2Z2_9\~q LZ]ji9boZaZY '
b } 9YLq `dhyj\ } YId2_cbf4} YY ^_&ahh~[Z2_ .i&YI^_-~ }b=YIb\*d \&b YI} hYZ2~ 9} Z2Y[IZ]YL\9 YI\X} YIf-jY-.^`johZ Z } =Z2_9Z9\
K
dhYI`i9YIb }d29Z]q _- }b _9^`\&v ~j^d2Z9joZh`_4dhZ2jebo\(bZ9} 2d]i9a- _9Z\9\9hYYYhjZ2} fF~[YIdhj[`f9qbwjeZ2^_&_9Z]ah\=^`_9ZcZ+a+afFZYIdh`jeFYgb } jeZCdhZ+~ebb Z } bLi9} _&Z2j\9bdYId2 j fF}}dh`^`^`b~~
w^`b ^`~} } Z]_-\ i} Z2YI9jeFYhYIq _9yY\l} Ycb \&} YIY?hZ2~~bd\9jY ~Id]je$^fFb YI} \YI^`j(bd\&b Yo} Y[YIZ] b(^`_=je\9dhi9YIba Z]} ^`b9f-Z] ~ d2_9d-dh_~eY ~eNbZ Z2X_9\=d2 j+Z Y[} Z2b } Z9-Z]b _9} \Yc`.dhZ2je\Ljei9d2_4
Z&fF.YIb ^`} _9Y=ah~`9dha-j\Zhd]YcZ~eZ2bjbe^`YI_9j~a?d2Z
$# <
2 #
LZ } ^`~Z2~ei9jZ&q f4YZ2\9~wZ]_9\LZ$Z]bYIjFdhbq
'
b.^` dZ] _9jq i9~c_4u d2ZgYZ]UL_9i9\=jZ -}dhZ9^`b ~} Z2YI ~e_9j(i9\9jjoZ\9Z9YIh} Z]v ^`~ahIq_9~Y^ryPQ } .} jeZd2Z2-~Cil_=Z2 ~edht~i9i9Z2?b_9\&YIje\=jdhZ9 b } }YZ]Y[oZi9jeZ=YI^~e_L\9Z2_9^`f-o\
2
~- ^`q$_(UZ2i9_&j\(-Zcf4Z2YIZ~eb d2y ^`YI\ Y[F} a-^`~Zhd2YZ_L~ej4Zd-b~w`YId~_L~~Z2ldhb j} \YcZ2F_&dh\SjeYIZ~C~ d2} ^`YI} `YI\lj q
bb }} YZ2bwY[YZ]jb^`} r_4`Z2^bei9Y(j?YI\LdhjeLbZ2Z `} ~^`q ~Z&v 9b } b Y } }Z2dhb ~e} b~+Z]~(d2
fF\9YIYIYI_hZ]\9~wdh_&Z2Y_9f-\9Yjwb dh} _ Y
i9jh^`_-_9 ra\9~[9YIPq[f9Zy-jZ]^`} _9IYYIa+`?YIabZ2~^`jerZ=d-YI_-If9Y[bej~[Z2^``2_`Z+^Z2a\9_-Z^`bhY^`} _9Z]Z?YI9je?i&YIj~d-Ybdh o_l_&YYI.dhoYIjr_F-Z]Z2Z+IYh4
YIZ2_-Z=^`bjl4d]lZ] Z2^`YjcjeZ2d2jr
YI_9Y Y}ZY.d]~e.dhb i9} a Y} bl\9YI~ h} Z2YI~`b YI}j
Z]i&~g_9fF\9YIYIj
YI_ dhjeicYIfFZ2bedhYIb \} qbed=LhZdhcifFdhfFb dh} b } d2lFZ2h_9dh\i `YIZ2bI~
YcdZ2_S_&\Z]`UYZ]j?YI`~[Yh_Z+b+4j^`Z]_9^ja~d] dh~_L} ^`Z2_9`N^`_9b ac} Y Z2_94-_9`aYIYIb~j~q.Z++i9_&^`~^ h-Z2i9hYZ]_9j=YIoZ2_ D
fFYc9`Y[Z2~eYI\=bdb } ^`_9dhi9bb } Yc?Y[Z2_9~d2 } ^`~\9YI~ebji&Ib^`dh_Pq D
aZ2_9Z\Y Z]} `~YIdcjcZ2Z?_?h^YI?jeL4Yf9_9jeYI^b``jo^Z2Z2f9_-`bYZ2Z2-jeYhNdhi&Y[j[Z2q Fydh}_&Y~gd-d]I.Y[hZ2Z2_?je^`adhZi9~Y }dhYIjejZ ~
3
9q Z2^`b ~c} u Z2Z_9je-d2a^`j_9 aL_9~[Z2b q _9} \i9~ Z2}`~eY[dZ2jeU\ ^hbZ&} NYZ2_9\ dhjeb \9} ~YI^`d2j+wZ2b }IYY=~c\9f4YIYh[Z]Z2~[?
Y+^`4~ YI} j_-i Y 3 a} Z]YIjjZ2f9_9j\YZ2d2~lb
i&fF_-YIZ2~\&^`\9^_&Y~agZ=`dbhi9YI~ejeYI ~
f4dhYj Z2i9} beY^Qj i9} .YZ2`d\bi9Z2~c_&\^`_ Z2_&} dhYjb } } YIjZ2_9d\Pj q
yhZ2} jeY^di9~NodYIi9_-YIb`Z2~[^`q _4 u ^`ZhZ]bga-ZhY } YIjZ^`d_ bdj^`\9Y=dh_Z
w{ j^`m~Z {} } {h_-q iLZy Z2}} _9Yd\^`~-~eZ2i9^`~hYIZL\ i9be`dlddFd]jbq.} ^`_-9ZbjeYIdhah_9 je~eY[YSZ2b bZ]} _9YL`ah^`a fFY} j[d-b+N\9Z2^`YIj_9~d\ d2 jbd} _9Y \9bjo}Z2Z Z]YZ2bw_9d2d2\
dhZ]b }`YIjb } \9^Y~h`Z2^`~a } Z2b`~i9d_9^`~b9Yjo\Z2_9bedhaaYIdb }jb Y} j[q ZLYIj ajY[Z]b`^a } b[q v _9\
0O
^` _9} a(dC9~i9qi9l&9y4Y} dhYjYIbj~`dhb jei9} \`^N~d]d2Y[w
Z2.jeb Y[^`} _9Z]-Yh`b a-q
} Z-hYY C~Z9} i9FYIfFjb YI} ZwjoYCZh~eYIdjajF\=ZYI_-d2Y br
r}_9Z2YI`YINjo-~Z=YZ2jF\9IYCjeYI^_-_&fFbhYo~[
\9\9YIYIohhZ]Y~$\Z]~ed^`b } ^`b f4} YI~edb(j_4oZ]YIYIYI`_-~[beq ~$Z]u _9d\=_9dh.i&Y[jZ]YI4\8d_9`^~[-YI~ } ^`Y~YLb f-} Y +dhb YI} -YI^j
{ ^`dmb i9}{9_-^`qbbZ]~y^_} Z2Y
f9?\9Z YIYIh~[^Z]_&q ~lacy~YI}Z-YII_LYIb ~e}b ~} YI^`hZ2jeYwb+YI`Z-i9-_9Idh4^ -_9Yi9jhYCYIZ2_-\&b^`aj^_&Z]} ba(b^`-dhZ29_`jFd2d-b F\9} i&Y ^`aIYI} iF\bFZ2`j^`jhbedYIY.jZ~
P/ @
aZ2a-ZZ2Y^`_ldhqNi9b Z=} `YIdhji9i9\ _&YIjed_9Z]\9j(^`_9aF-^`b YI} -IZ=YIYI\9\9YI^`_9ja-`^`_9aahjYZ2Z2i9b[a-}beYIjZ]jea^`f9Z2^``_YgjeZ]d_9Z]\ j <
bb}^`dhYC_PYIq _-v be^jeNYC~dh-je`\9~Z2~ ~ } d-4d`` YI\l-b9} Z2Yc_&\~eY[bZ2} ~YIbejjYcYIZ2f9~`YIah\Pjeq Y[Z2bjeYIhYjfFYIjZ
R3
djq w ^`I b9dq j?y} bdYcYZ2dhjilb } &YI--i4IZ2Z2^`YI\LYIZ2\?_9\Lb } Z]YN\9bYI} hYcZ]~w?^`_cdhi9o_-d2bZ]be^`_9d ~.} jeYd-j[Fb YI} \lY q
^`}{ _-YIbjmdc{Z29fFjq YI?^`_9.~ a N -Z2f-_&b } \Z]bf-Z] t } Z ^`Z2 ~_9} \&j^`Za Z2} ~~bo -`}^`^`ahYI}Z j bo~} Z2`} ^^`aj[YIjC} f-b[br} d=wYI^`j f9~ j} Y[Z2_-Z]i ~Ybe~~[q`Z2^a .} Y b
' 2 K (
`b^^`ddh_-_Pr9jYI^`\9-YIbjdq`Yb \ } Y?} YI~jZ]qgahYI-~YYI^`_9} adLb }fFY(d2.b }YI\ jYY(b } YI^`dhjjef4\&d-~g\9Z2^`YIa~c^`b^`Z2_ beYI\9\=Ybh} d2Y
Z2_9_&\9\joZb } ~^`a }^`a ~} Z2b _&} \Yj(f-?Y[Z2Z2^`~jebb } f-~`^`.a } Z]b ji9} _FYIZj ~} ^`9`~^`a q } bo } YIj~ } Z]_9-~
'
ahd-YIYIb ~} YId2j\9YI^`hb } Z]~[i999?`^dhbef9YI^`\`^ I.YI\YZ2Z]FNdh_9b } ~YIq ^`jwZ2Zje} ^`^`~YIZ]~~i9Z2jo_9Z9\=PjeYIdh-~IYZ2i9^`=^`b_9d2a
/
C-{[i9i9mjefF{ YIZ jqZ~.~c^`La `} ^ba j} Z} b} YI j} bZYId-j~wYI_9~[`d^`a ~f-Y} &b f}. YZ]jwx~i9jYI~=ZIYIIbcZ]`4^`[a Z2Z]} bebo^ Y~} `^`^`YI_a j be} d4b fF_9} YIaYI^`YIj_9jabe~YI
PYIf-f-b }
K ' ^`~_i9jejdji9Z2b_9} \9 YI\8u Zf-^`_9} _-Z2i9b?^`~.YIjb Z]} f9^`~`YPZ2j~ei9i9~ j} Z]YI~[\Lq beyd2$} YIZ]_ j\9~} YLb } ~Z2Zb jdb Z]} j[Y
S K !
^`+_9^`YIab -}b^} F} YYIYIjej=Y[hZ2Z2\9je\9b^Z2} ^`_9\&a?fFYIYIb _9} \ Y~ } b Z]} ^bj}YI^`_9Ya} YIjCbdh} jeY`d-\9dh~w_9beYI~bbe}^`YIb lYI}jLP} ~IYIjodhjCZ2j`9`i9\9^`~e_9~?baLjYb q(^`}b } YL~bZ]-} hY
K 3
[YIZ]YI~
YC^`YI_jbeYddhfFjeYI^`_9YIa\lZ]q _9y\=} ~Y.^``^`a ^`}Z2bjed2`(Fb f-} Yv bradC_9^ ~Z2~+_&`\^a } } b Z2}~Yf4jgYIb}Z2jYYY
K ' 4
4
brZ2`PZ2b _9} aY d2-wi4Z2b } jebY=YIjef4~(d2Z2je~edhbi9j^`_9_9\aF
Z2^`b_9}L\ } ~YIbojCZ2_9b \9} ^`d_9i9a~Z]b _9} \ YIjZ]YLj?FYI~[jeq hZ2y\9} ^`_9YI_a YIj~^`\9j\9d``Y
Yd]\ b \9} d2YI^`j_ bji&~dh_9?-~[Y-Z2dh_9b } \YI~ejdh~YYIjahY?jeY[bZ2dhbje_Z2~ei9Z2~eji9Z]_9~\9YIYI`jFdh^`__bb }} YY
8'
fF\9YIYIhaZ]Z]~[_SPZ+^`_f4Z] b}b`^`Y } fFYIb br} Y YIYI_iFZ2b j} beZ2YIb j~+d2YI-^4b }Z2_9Y\~-b }LYYIYI_9jeYIY?^`^`Yi&~d] ^`_9b }YI\Y
= ahjedhi9_9\?^`b } b } Y^j`YIa~~YIYIjY\lq
f-i9joZ b ~L} YahY._9YYIjZ2Z]Frdh(_9Z~=Z2a_9jY[\Z]bZ]jZ2?~ei9~ jZ} i9_Fj`Z2YI\ Y\9\ ^`ht YIje^`~-YI~`i9-joq Z*LZ2_&Z \ } ^`~t Z]Z~r .b } &Ydqlji9Y-a dhZ2} ?a-jZ2Y.YI^`_&_*jeYI\9_9YII\9j`d2YY\ jYYI\?} ^`Y_8dhZ2_9\9brYo`$YIZ2~eZ]~[je^-_ YIYIf\P` 2Z2dhb_&_9} \YmY jYId+~YIYIY(\l--Z]^rqaZ2_9Z]^\v _P_9dq _9\8Yordh`bYI}ahYIajYI~\
E
&
~`^`^`dh-_9br~cb d2}
dh i&} ~Z2Z2je_&^\db~o } Z]ajZ^`dhYCbe~[f4Z2Z2be_&b`\ Yhq Lv Z ~e} ^`Z d} Z]Z2_-_Pi Z]_9^`b dh} b } bYIYjw_*ajY[Z]^`b T
.\4h&Z2Y_&qZ2IFYIdhu \=_9Y~+bZ2} \9^_Y`jYIYc~eb ~} ^`YI_be^`jjb i9} } _9YCZ]-_9f4~=\9Z2~[bedhbqc`i9YCUa dhb} db?bYC} d]^`YCb .} j b} } -b Y} b ~}Y Y +} Y[d2YIZ]-\9^cb `} YIYC~~C^`b}beji9i9~efF_9^YI-~Z2b~
&
Z2~e^`Z]i9b _-}jZ&.~eb ^}dh^`i9b }~o^`Z2``_99^`dh\&be_9~lYI~d2YI_89dhYIi9`YIa ^`} `} `bc^Z2d2^`_-_&_ b~~b Z2}d]_9Z](\ bc } f4} dZ2Z2jbeje~eb^YI`dYh~[bhq ~oZ]Ix_9w\CjZ]^`_9h~i9Z2\jeje^`j$bdZ=Z]i9~_9h\9Z2^`YIb }\Z
3 ^`_9~beji9?YI_-b~[q
f-Z2~e i9jbZYI__4?Z2?^`YI`^`\dh_9.~C^`d]\4gZ] Z} Z2dhje^`i9dha b} ~b^d_i9ab }} bZ2b?^`_f4Z2b be} bZ2`YLbf4~i&Z2jbejbd`Yhi9q _9\9v Y\_ ~Z2b+dhb je} 9\9Y q ~[y+~e}YI4-YY[^
beZ]jji9~^`_&b Z]} _9~b\ d2} NYIZ2^`~j_9dh?mIi9YY
~(~bCdh~eb b~}^`Y`hYI.j
YI^`je_aYIj\ Y[b }Z]} b.YIY^`Z2jZ2~e\9i9} ~jZ] Z]_9~[\9-~bedhl^`~ b }N} d~ebbi9}dbYI YI^`\ `j q
Z2~e^`i9b }jZ]~[4-hb Y } dh} i9i&~o_9Z2\9_9j\&Y~\ ^_?jdh_-jei9YI~f4d]Ygj[ } ~i9Z]jejj^`dhdhbei&~[_9q \9YIv \L_9\^`bd} b } YI} jZ2aje^`jdhY[bZ]~b
3
y^`} 4Z2Z]b~F~Z]Z2f9jb`Yd]
Y[^`b Z2} jeb }b } YL} Z]Y~ji9YcjoZ2b }~[YcYIf4`YIZ] bb} `YCZ2_-b~=Z2~Z2_9dh\ i9a } } dbj~efFYIYI~[Z2Z]?_9\ Y
5 ? (
YI`YI } Z2_-b~
Z2_&\ } dj~eYI~di9a } bN^`b } b } Y +YI-^-^_b } Z]bfFZ2bbe`Yhq } Z2je^db~b } Z2b } Z2\=fFYIYI_=YI`Y\lq
}hZ2jedhje~LYI9~ q d2y4Cd2} b .Y} YY9\jZ]d]^`~i9i9jo~?Z2Y~YIf&q\9^d-Z2v d-be~\CYI`4jejedh`Y^XYcbdh}_9Z2Y$~ejei9ahZ]Y~i9YIjjo^`~Z2h~YIZ hje~(YI} `i9YIZ2 ah?}Y ^`Z2\9} _-~Ybb+Z2~
bZ]} _9Z]d2\ b
b } dh -i9 ~oZ2q_9L\9~?Z } d2^`c~Z2I~ejei9dhjjZY~L$d2Z] ~g} ~ei9djj~jeYdh~[i9+_&\9YI`YIYI\ } ^`_Z]_b be} ~Z]Z]bc_9f4\*Z]b b} `YZ2je^`dh^`bb ~} q WI
~+^`b bdh} } jeY\9j^`je~~[dh-_CZ2Z]-~YIi9~Z]joIZ2Z2YI~_&~S\ Z]_9} dh\
Z2i&`Ia fFZ} YIhbjY\9^`^`~_ _9q
~b-I} dhYL?^`b f4Y } Z]} ~bi9FbejY[Y`Z2YIje\?Z2~a~Z]Z]F_9^`Y[_9\cZ2~jebI~$`i9b Z]}f&_9Y~[\2+dhbYI^`b}-} ^ ~d2be
jZ2ZX~i&jZ2Z2_9~\=^`_=d_9d-d\lb&^`~dYq\9^`\ v f&^hZ\9YI~bejd2=b } Z2bhZ2~ebgZ]j
E3
) U
YIje~w_9d-dh~eYI~[q YIb dLj ^`_9~eaY[9Z2q=jev Z2} _9_9\ Ydhi9} 9bYIjej
bd2} [Y?Z]`jYIj\L^`^`YIboZ2jZ2fF`^`dhf9dhi9_PjbY[2Z]^`b _=b } } i9b ~_9} \&YCjYIdhf4j Z]^`_9bbeacb }Y Z24Y`dYIfFi9`\l\(d-4\9Z]^`YI9^`~(b F} Y[d]Z2-wjei9b^^`_&} aY
\9YIj b d=q -^y` } } YIYIjqfFYI a-} Z2d2_XYIbjd ^`_9~a bje} ^`hYIYjd2} YIj_L.^`Yb Z2} Fdh~e_9.~(djZ]\9_9~L\ ^`Z2_Xj?djr~[ V3
H b} Y[Z2Z2b F+dh_9YI~-^ Z2_&t\} Z]Z2_9j?\9^`~[hq Z*hYI^`jeb } dY[i9Z]b
~^`Z2`_-Ii9~bbjo^`Z2_-^`b_dd&_ ^Y} IYIYIj~gZ]Z2`NYhb 9} Z2d_9~\ Y YIb }_9YYI?w^`YYI~c^Pd2Cdi9\9a YI}hb+Z]~[^q_~_i9 b} } Z]Zb(f4Z]Z]_9bbe_9YIY j4YI`\^`b } b } b Y} Yf4Z]Z2b~eboi9Z2j`Z]^`dh~C_9b ~} Z]d2b
V3
Y[^`b Z2} Fdha_9d-~w\9~cZ]_9Z2\_9\Z]j~?Z]ah~$YIZ]~Cb.YIb -} bYCd`f4^`d-_9\9a ^`YI} ~YId]jNbb }} Y Y(Z2~e~ehi9Z2jjeZ]^~[bq } v jY_& \b} } YIYj
8
b } YC\9YhZ2~^`_ } Y[ZhY_l-~ } d2YIje^_&a 4d2.Yj~[&YI-bd`YI\=b } YIq I
`j^`Z]dhah_ YhZ]~`~bdZ]`h YI}\ ^` Z2} ?[dhZ]_9jaj^`YIb }\ Y b }} dhY ~eb+~CYId2-^rb } ~ }YSZ]Z]-~^i9_&joa Z2~c^be`~^`h=Y(Z2Z _9IY?dh_U^_ uZ2jeYIjeYL^`YIYI~F_9d2\&U~b Z } } Y^`~~eZ]YI~Ii9djo_9Z \d2 } +Z]YI9-b^QYrj[Z Z]} Z2`YIbe\(--ZP^Z2_Ci9La } Z2bejeYIhjZ2_9d2C\&YIb } ZY
,
U
9i9joZ2_4Z&-\9i9j^`_9ab } Yc4Yj^`d-\d]9ZhZ]j_9^r-b } YcLZ2_-ilq
I
YIbZ]_9Z]`a-ah^dZ2jZ]_9abYI~c^`\dhf-_L^`_Z]} b i9} ^`_9Y\9\9~fFjebYIZ2b\9b} be~`YcYhZ]_9d} \jY[YIZ~eb b} ~YIdhq\ i9y~ofFZ2} YI_9Y[\&Z2~[~?^`q a YS} z ~wZ]_&bC YIjdh} a_9^`^ I}=Y YI\v } YIfjc f9f4^`b hZ]} Z&brY Yy} -tZuw^`_9vgaxd2ywz WXZ } ^`~Z]~i9joZ
IFb Z} d2YI.YI~`YIY?^jC_&f4~[d]Z2.be~bbZ2} dh`Y ^`jdh\&+_&~[~[YI N-} ^r~eZ]4dhb fF} YIYYIje~e\9fFYL~[Y[FZ2f4Z2bZ]_9\9b\?bjZ]i&\9`YI^d~~[be_9j~d2$~dhYI?dh\=i&Y(ab } }f&YcbwYZ2 ~e^`i9b j} dhZ]_9~[Z2q -} YIYI~[~ y} YcW^`~ } ^N~Z2^`\l
D/
E
hbZ2je_&Z2^`r\9\Lq YIdh_-yb b[}} YIYIIj_ `~+i9flb 9} 2YZ~ h} +YId2\=YI-YId^
j_L~
-d]b^``Z] `f4YI~e\ 4djY} ~wZ2i9j^`_&~_=h\9b~ej}.YIZ2\&dbw~(j\9ad]~jY[Z2Z]Z]_9bw~\i9=job Z2} Z2~cYjbe`^^`Z2h^`b&Y} hYIZ2~} _9beYI^\ j
A
? -3
bd29}
q Y=yfFdh} Z2i9Z]b_-bebg`bwYhZ]h=~i9YhYjojYIZil_joq Z2Z]^`~._9Z+YI\I`dh~ } i9d2\L.YI~ je} ~Cd2d2wYIjZ2~oj
jed2joZ2^`~w_ddh__bb }} YY+~+i9YI?-^^`^`_ b
5
b} } YIjjYIfFYI`\& d2Z2_9_ \dhf9b ^`}_9YI\&j^~_&ag d} b dL} Yj~YIjY?^b~}bei9} 4YIY j
4_&YI\ddf-~Yh-b~ }} YY\9_9jodZ2^`~ahYaYId2\
V3
X
;'
b~ }} YIZ2jdh~_Z2~ b } } YIY~Cahd2je dh}i9YI_&jw\l~eqL.-ddhj\l?NY(Z2_&\LYIjedhYb }~&YIj^`~bcN^`~_-=bd=Z2~ br} YIdL\=f-f-bb }} YY } ^`q ~
yZ2j} jeYId2_b~[} Y-^w``YIY\ ^r} &^Y[~ Z2} ~edh^`je=~YII~.i9Z]beb_9^`\_9a=b } Z2YI~^`i&j
_9I\9dhYI_-jcbejb dh} ``YcYIj=Z2^`~b ~e}YI~C} YId2j
f9~Y`hd2YIje~CYI`d2 } } Z2YIjc?=YIZ2jIYY\NfZ?LI\9`i9d2f=_hddh_^`bb YI} \Y?ahdhjjdb } i9_9f9\ `dd-Z2\l_&q \~edhY
E
('
Z2jejd2~[q
dh~hY_&b f9}{h`Yq ^_&ahacx je^4dhYi9djI_&jIYI\li&\ q 9^^`x _ _9^YIYb~[j} &IY=~YId\f9jeZ2Y[Yw`Z2
d]~ed2
bb f-YI} jc YCf-}YI _9YIjY} YIbejj(^`YI^`\9~Z2YIjed2_-jd2b\9.YI~(~ehdhZ]Z]?_9~Y\ aZjYIhYm`Y f49d2q ^`b }L9}d} jZ2Yb \=j} fFZ]jYI^`bjeYId2} _L~I~g} i&Y&b[q^Y~e9jI`^`YIb \ } b ^`} ~(YfFf4d2d- \9LZ]_9d]\.b `}d]Z2brb[ Z2f4~ei9Z2_&jZ_9wYIj[ } Z]dh_9~\ Y
GO
i9Z2jeb ~
} YIi9^`jbd ^`
YI-~(~dd_Yhb } b Z]} b Y^4jYI_&`\YIod2~gf&fFjZ2dhbbeYI`Yh_=q*b } -Y dh?} YY Z2\9} ~Z2\d]b dh} b YI} ^`j
-9^q ``YIu \^`~=Z]_9f4\ d2 } ^`~~ } Z2} beZ]bYIjje^`dhYIbe\lYI YIjL} ^~e~=Z2 ^`}_lZ]jb^`dh} b=Yf9Z2je~edhi9hjYZ_lZ2je} ^`~ YI\ } dhje~^b YI} ~
3
P#
~dhje\LZ2_9\=~ } ^Y\=jei9~ } Y\Z2bb } Y wY^rq <
`^h&d2qFYIYI-bi9dh?dYI_-i9Y b~c} ~eZ]4Y=_9YI\=YZ2\ldh^`\b } ~`YIdhd2j?~+Yf-df-_ b b} } } YgY^`~f&rf4Z2Z]I~YIbY=``d2d]d2 C^`} _9b ^`} a~Y=f9Z]Y[je_9Y[Z]\Z2jbb }} q} f-Y YI`^} _&^`a ~
YI9\9qa-YI\L^~ebe. dj} \LY+Z2~_9\?db~Ybejbi9} oYC=b ^`d} _(Y dw_Yb }^lYZ]`} ~dY[Z]dh\_ } ^`YIb j+}} Ym^~b$~Z]} jZ2jUq
b } YCq u`^`dhZ_?-^`d2_9awb } Z]Yc^\Ld2Z } Z2} \9YIYIj.-Z]^rjq y-} [^`L~YIZ _9} jo^`Z2~aZ]~YIi9\ jovZwjei9f9~ }^`hYIZ9\q bdc~eZ
}ah joYIq Z2j~e4Z2jeYI\ -^`q }_9^`aFy~ }9} YI^`^hje~?YIYhdhq ~_ dh} je^`\*~(YIf9jYId~hYLbi9^`je_-_9b^`d _9aL&^jYYI\YI~LZ2^`b~?} ^b?Z]_9bahdYIi9j } YI} \ Y
Y)
d2h&dqb i9} _-YcLbYZ2Z Z2^`} _9j^b~~o} Z2~ei9^b j^`}bZ&}?.} ^`}a~ j^`~ }Y[Z]d} bjd-_9d2^`~_h4YIZ]h~+_9Z2^`\_?di9fFjj[Z]YIah``YhFd2&.dhbi9YIdh_&\=~e\9~beYIYIYI\\*jjei9^b f&=} Y=-b q} ~Yi9j} Z2^`a I}Y
f99jeq dhZ y^}_&b YIa} _Ycb ~^`} -b Y(}^`YIa~`qji9Y[~eZ]bbgjYZ2$~eZ]i9~jZ ^ 4i&} _9YaZ]Z2bw~ } } i9Z2je`_9^\&_&jaZ2hb }Z]`YL^lbh} YY(j9^`~ei9Yh_
ZI
\9hZ2`&^`N~q ^`Z2_-jt bdYIjei9ai9_9j~ Z]\l} bqYIYI\\lFf-Z2L_9\=b } YZ2~ h} YIYI`d-\LIf-^`br L} d]^` ~} b^`Z2~c^`r-b } } YIYcYI`~^`Y[_9Z a4Nd2bh} YIYj 4Y[d2Z]jYIb }\
P/
{} &qYIjg9U^`YIYIY^`_9b }aZ2b bP} ~ Z2} bCZ]b9be^`YIjYcYI\ Idh} ?^~P^`_99a(^`hi&Y
4^`_-db_ dw} Z Y} j[i9F_9b }\9YjeYI+\cYIj-Z2^ a} i&YIj`_-YIbe\ ~
E
I
Z2_&\b } YCahjeY[Z2bwZ]~i9joZ } ^`~YQoq hjYI&Z]`Nq ah\9?x d2^`YIYI_-je_ bI~[YIq \jdt f-Z] ~blb } } i&^`Y~w(~~ef--$CZb -^`} _ ^`Y_9} a f9i9} Z2_&d~\9bPjj_9d2YI~\& N~[} bq ^}~PYf9jIY`dhZ2bi&} \92~C.dYIi9_-_-bCb^`Z2_-^`_9bd ~
hdhZ2je \9_9qYIj^-_&bYIadYI^`be_9~ed2a Z$ bZ]} j} \9Y=^`~ ah}jeq Y[YIZ2jb tZ]~} i9Z2jo_&Z\9^`~hZ=dh`\9`YI^`~_9Z^`b YI} \ j} Z]YIahjYLZ2j_9Z]\b } Z2\-^`_
Zb2{ } ~e&~Ygq Z]ua^`jYIYd\i9Z2`_9^`~ebC\ld q } ^i9b j} `YIZ?\ } ^`} ~d-~edh4lYZ2j
Z2Z2bP\&b Yc} Y ^`bg+`i9YI-~eb^jeq YIv `YI~~(f&Z]^h_9Z \i&Z2^`o-b`d
[
hZ2~e&i9qcjZ& }q Y y4} i9i&_&~(a fF} dhYIi9j_&_9\d-^`dh_ ~Yb } d2Y?hYahj jeY[} Z2^bf4Z]Z2_9be\b`Yhf4 d} i9Y _9\-i9b ^`} beYbYI\ajY[} Z]^`b~
I
d2Z2{[Cje&jq jd2Z]ah-~YhYIq Y ^4_&i9a _9}a ^~?ZL~&F^Y[Z2Yhj=.Z]f9_9jedh\YI~ _} YLZ2~e_&9\`^bZ2b `}`YIZ]_lb Z2t `~Z]dZ2jo^`b Z9}} i9YI`j f9i lZ2`ddhjeq 5
#
dd2
&qZcb y} =Y} Z2Y} __ Y[Z]} \ Y+^`b f4} d2YI~ Z2} dh^`je~wYw\=`^`Z^dh_ _=^`}d_Z]dh_9j~=\li9q\9I\&}YI_9Y(`bed-q dh=} b ^`} `YYv Z]9Ff&Y[^Z2hjoZZ2_9Ii9IYb
[I
8
Ib{ dYI _-q } bejZ2yY_9} \d2YI9_ 4b }a b }Y} bYYI`YI^`^`db } }_lZ]N_b `} b Y[Z2Z2~Fb&dh^_&d-jeaYYC} d2i9Y[Z]\lb } Z]YC_9YI\_9\9aYI~eZ]hY[ahZ]Z2YI~[be\q^`_9^a=be~YI^be9~YI^`_cgZ Z]}bgZ2b _9} \ Y
P#
d}9YC{q f4b }Y[YZ2??=YIYZ2\9_L^ZZ2bebef9YIdh^``ahawYYIbb }}`YIYIYI j_} bZ]} _^`Yb b} q +} YI^`-~c^9~e.^`bd}j\} YIZ]j_9Z2\ jje~ d2} ^`YI~
`\l }q dhy&4} YIYI\_
$
\3
b\9{[} &Y[Y(Z]q `Pf4^_&Z]^`a(a o} b be} ^d]_&YC.a4b 2} bdhY(} ~eYb.YI`bebrYI.YI jd}je^`Z2bf9_-} `Ycb[YIN_?f9Z]`[_9d2Z2\L?~$Y.dhZ]i9\&bad2Y[} Z2b_ }bYIdcdhjbb } } ^YIY?jY[q 4Z2Yjebb i9} di9j~d` -
P#
]O
b+je&i9YIq -_9^N Iyi9Z]} b_9YL\d YIj`d-YI} Z2^`~j} YZ]b\ j_-i&b`_9di9be\9i9`ah^`ab }=YIf&\*}i9YbZ2jb Z2~~} YI}dhjjY\Pa$qjY[Z]Z]~b\9`^`jdhZ]_ ahah^`_9^baF}b } } ^`Y ~
\94{[&YIZ~ecq IyYIq _9} \&YI^_L_&a4b -} ~Y(Yh`^`YIdhje_PYI\-~9t jeZ2^_&ahZ]^`_9jZ a~ i9} YZ2-\i9^`o-^`b`} bZCdf&b } d2Yc ~eje-dhN Z2_9^be\ ~
P#
~hZ2} f9&d-`q Y+dydh} fhb Y+o} YIahYcjebbY[~[} Z2q jbYIZ2Y~ei9jdhZje`b \9} ~wY_^`jb Y} ~i9b ?} YIYI^`\ j+}^`~d2hf9Z2i f&lYCZ2`Z2dc_9~ \} Z2^?FYgZ]d_9\
K
#
\9{[&d2^`bq } _=v ~bf-_&d \ _9}YI+~YI4j+\4beZ2bjYIaYIYIjYbZ~g} Z2$Z2_&Z]_&\~(\ b -F} ^`Yc~``bYI~w`\^Z]Yh_9^`_-\=Z2b _9~} \=Z2Y=&cf4~[Z2qZ2jobeZ2b`Y=Z(Z]f-` ~db } ~bY je^`+YIYI-_ ^
*T
53
-YI hi4YqZ ~Nz f4YI_9\YIjoZ2Zwdhah\&Y\c^^`-_9b^`a_9} YjejY[Y\9Z2\ljbq^`_9t} Z2Z2a_9Z]\9^`_(^`hZ2Z&_9I\b } Z2Y$a-=Z2^`_ldb 2} Z2Y_&jl\(d2FZ2b i&} a Y} .YI\Pdj`} \9YI~j
b\9{ } YIY~eq bf9jez d2`_9d2hjoYIZ2\ ~lahd2Yy \l Z]F} YIb }jjZY I`Z2+i9_9flYI\ -h^lZ]v _9a_9\(j\dh-i&} ^`_9Z2``h\ YIZ\cw\9^`Z2\ b ~}} hZ2Z]Z2bjZZwjed2bed^`~[b 4}q d2Z+\4\&Z2YIjwjeb.Z2^`_9b }\
$#
< 7T
}bd&q^`~b f4} d-Yc\9^Z2b -}fFhd-Z]} \9_9YIYC\(jd2~e\&.^~e+d4jY[Z2\Z2beb~ }}} YIYw\~e^`bfFb je}dhi9b o} } YI+jC\9i9d2Z2jejj\ _d2} Z2~[jo^`qZg\4Z2Z]_9Z \ ~ w} i&Y[Z2j\ i9j\ d} Z
/
(
7I
E
?
^`[Z2be^d_d]b } Yg\&^-^`_9YC\9je^_& q
b9Y{jq j^ 4v Y~ \(} b ^`} ~gY
Z]bjjed-dh?9$~PZ]d29~wb b } } Y i9w~CYfFYI^^`_9a=^`b \9}CYI} ~eb^`~ljd2d2YI_C\lf9iLlZ Z2} `d^~oZ2d~eji9jZ q < y} Y +YI-^N~Z2^`\l
b~h}d-dh^`~_?jq ^`d-_9Z2WYhjq d-^`_=Z2j[b F} } jeYI^`d_L~Z2hjYdhjiL~e&^`d-NZ]dIfFYh&Yq d~jcZ2^`Z_=f-dYIY_-9bb } Yc} ^`\9`Y YIh Z]~w\9j^`_9^``
>3 - #
f-bZ]&=^`qc~-b-Z2Z]dh_&?\9Yd^`_9b }a} YjY~w^`b f-Z]}^`?\L} b ^`} ~ d2YCw} Fd-dhd2f-hYYI~~[ZFd2~f& d} d2^`X~ YC} d]f-dh =je} _9b ^`~[} ~Cq YZ2i ~ } IYI`Yh~CFd2~e dh} ^`Y~
E ()
/+/
Q
y} YcW^`~ } ^N~Z]^\P G 2 9Z2jeq Y(Fdhdh~ei~YIZ]~e~jYIY=\b } d2Yb d} jY^`ahb^`_} jd]YIYgZ2a`i9._4b Z]} ~gY=.dhidj`Z2\9je~Y(_9dybC} dhi&_&ad2} _hdbeid $
}}hYIYIjej ~YI9qd-Ndhdhbu _Z2Z_9b-}\=^`_9Z]~eablbajYIi&j-Y[IZ] bZ]} ^Z]?^`~i9YIjo\LZ92b^`b}&}i&jYI~[} ~ePYI~~YIj+}\ ~YwF} oY[^`i&XZ2jq dhF_cYI\b } Z2Y._&_&\ YIo(Z]_9\9^`YIb \} }Z2jeZYghY^`_9Z2_-dh=d2&.jY b } } YYI_9^`j(~^`f9Z2be`YCbYIYI_&h\4YZ2__-bCbed\9wYo^`Y~ I} b_~iP4`^ } Yc^`h4ZZ]~Z2~_9^`d\?_4dh b } YIjdh~ i + 2
d2~i9 dh&Z]iLj_cYIZ]?^`j_ Yc4Yg_9b &} ^`jbeY(^`YI~je^`YId~jd\9Z]jh^bCZ2F d2dhx.jebjZ]^`Z]dh _cje^`bd]b} ^N^i9~Cdh_-YIi9b_-jojebe~Z2^YI_9jeYc~ dhjedhdj`i(YI\L\PZ2^`q je~Y.IdYIj^`F`Cdhb~e}YI\ Y
$
i9jo{Z q v } _9Z2\wb ^`}~~eYIi9jeYIYI\i9Fdhd_ljb-} [Z]+i9a ^`_ } b} i9^`~(jei9Y[_9Z2\&YIj dh}jeYIj+d-jedhdhb qL} Z^~} ^`d2~Z]~r_ 2
3
4
P 2
#
dhf&i&i jd2Z]`db } Y +dhYIi&-b ^r} q f4Y^_&aIdh?9`YIbYI`d2YIjIdY+fb } YchZ]Q
6
-_)a Z2~eq ~YIf9+YIZ]-ah^rYchd]dh.i=ahd-Z2\9jYC~(-Z]hbboZ Z2} ^`Zc_9~CZ2b
~Z] b^`} ~rdhZ]~Y+Ibi9^`db_beYIj^`_Z]_9Z2I`Ycb b }} YwY ~oZ2} Idhje`^QY
=O Z2~e&i9q jPZ^a } Z2b~^`_9Z2a^`\b } f-i9~wb } ^`Y b }+} YI-^~ ^N} Z2} drj~YIbejY[i9Z2o`=YI\ d dh}je^`~ } b Y[} Z2Yc\=ajY[^`bZ]} b 4IZ]YI_9~qYI~[q dhyi} Z]YIjjYYmb dh} jeYgY.-dhhiZ]\ Z2} jZ+Y } } Z2^`_- }beYI\ah^`hZ2Y~
~
-~Z]hbZ ^`}~rZZ]IZ2b_9^`\d_(-behdcZ]\ b }} YZ
3 2
} YIj+ahjeY[Z2b~e.dj\lq < P#
^`_9Z]Ij^ 4IY~f-?4YId9`Yhq
>3
5 hb } Y q +YI-^b ^} q yb } } YY ajY[Z]Z]_9b(\ }~oZ2Z]ajhYI~(Zd] } ^`} YoY[~wZh~oZ2YI_P_9ab Z]} _9Y?\L\9b YI} hYcZ2~fFYI9-j^Z]Y^~w~eYId2\ - _9} d2dh~eY`YI\9~eYIah_9Y~ecYI~Z2jeYZ2jeYi9`b^`YIh`CZ2bejYIYI\~ebf-joZ2^`_9~YIZ2\laCYI~ \9} YId ~e^`jZ]^`j_9Ya\9YI^`fFYIdhjbZ]Yb\^`dhbe_Pd
/ 2
6
Z2&~Z2joZ2~\4Z]_9IYI\Pq 1
WY[Z]`^br-hZ]_9\ } ZhYC~ } YI\LZ2`Nb } YCf9`YI?^`~ } YI~q
ui9joYZ jYd2YI_9 \9+~PYIb -} ^Y
=b } Z ^`}j\CZ]b } Z2h&Z=bYI^`_jP[LZ2``Z]YIj\ hZ]y_9\9} YIY
--ZrZ9i9^`_9jZ]a_4d2Z 4L\&i9Z j} ^`^`_9~a Z]~r
jZ2{ YI_9&qF\dh~ed2^`wbdhdh9ijeZ]=Z2d2jZ2Y
_&b b ~[} } NYYb h} ~YIdYjei9j
YI&d]^$i9bojZ29YZ2fFd2W\4^`a2Z rh}Ydhj\4~eZ YZ(} Z]._9dZ]\ j_l\9q ~Z^o~di9i f4~ Y[}Z]Z]j-i9Yb^b _&} i&~[Y
E
5 2 2
6
b } YgFYIje^d-\Ld]9ZhZ]j_9^rb } YLZ2_-ilq 2
tuwvCxywz W ~b ^`} b je} YIYwb }Y YI\4wZ2~\9q a^`v b }_9Z\?hdidhZ2ijY+Z]jb YL} Y+ ~}i9Z]~ebaYIZ_FhZ2Z2_9be^CIYCYI } f4Yd-j\9YI-f-^`_9a`^bY} ^`Y ~
%T K 2
y} YcW^`~ } ^N~Z]^\P d2
Z]Z2^N_-bob Z2} ^`Yg_9YI\ldhq je`\9dh~[iq Z]jYcb } Yc~i&9jYI?Y(\&YI~bejd2hYjgd]
b } Y4Z2^`_
2
i9f-{o=jo9Zgqb Z]} _9Y \}+bYIYI} _-Yw^rb Z2} j Z]_&b\9CjZ?d]dh4Z2~eb b_9} \LhZ]Z2bb `}^Z2d-Y _-Y}bd2df9N~i9b be} ~gbYYId]\9-
^`Y\9hYI_4Z2h~
Z]Z2b~+i9YIjei9jYIbY\beYI\&LjYIY~\Z be}jbd2^`}~hZ]YIY~r^`\ j
A R
d2f4{hw{d-qZ2Z2b`
b }~eI+Z2jb
YI^`9-bobeZ2^ri9-hjhYYI~.d~i?^`~cZ]YIj_SIYcdZ]bI} j9Y dje~ Y ~
_} beb YIYI} _9`Yw`\&YI\&YII\l^b[&q f-i9`db i d-} IZ]^`Yj}YZ2_b+} d]i9YC jeYIa~eZ&dh~jeNYI`_9b\9}`YY
?_)b
2 J
\99Z2_&YIq h\Z]y~( d }Z2_&d=b \} ^`~cZ]~ob Z2b }ahv YY~SYIZ]f9_9^`hfF\Z=dF\& ^YI?}jehd YIZ2_-\9^`b~YI~d2b dh}b je} ^b ~Y} .Y_dd]bej(^``j\Y.f-dF jd2~ .}} ^`YIYI jejc~cf-Fd2*d2wZ2Z2YI``j
1
dhh{ jed&fli9q
jCfFZ]Y[YIIZ2_-Y i&beb^ i9YI~b?`^^`^bc`Y^`_9aFb Z2} l~cY=9i&~YI9jjYh` YI_9~ej\&bYdhj~Z]YIi9_9jahf9d]Y?`g^`b_9YI} a-Z]Ib[b YI} ``YfFYIYI_-^`bi9_9`aLahd~e`$\ d-Zdh$_ YIZ]\ ~~
B a 1 8
Fqd2.YILjCZ } tZ2a-} ZZ]h_9Z2\9_L^`h+Z9P^`~ } _-} ildh~eFY^`j_9Z I} dZ4Z]Z]j_9Z]\ f9`u Y(Z2ajjZ=Y[Z]Z]bj_9YYIi9~e~_4Z2Z2f&_9\ Y =_O {[&qwY4Z]^rjN&~bbYIjojeZ2j_9^`f9a`YY(^`bl^`^`~lb } b } ^`Z2be~bZjed2beYIj_9~~gYIYIZ]^`_9_9\LaCjYdh\Li9jP^`_ j} Z2i9b Yc} `i9^`hYCZ]b I} YhY
bddhj\9`YI\=~eIZ2j_9^`fF\=Yhdh+_=f4\9YI~eYb~d2bje d2-} ^_&YIja?b } ^Y+_&\Y[Z]dhj_d2&jYIdh-be^YIrIq be^_&ab } YY_be^`jY )B
j} ^`^`~~C^`_9a^Y d-9dd_lj[2Pb } Z2} bwd=L[Z2Z _ } ^``~^Z2~eYSi9jZZb\&Yjc^\=f4_9Y }db
dh`\9dh^`j_9b a=} b } ^b Y} YIah_9^`jhZ]Y+ahi9YI\
+YI~bejd2hYj
^`9_Ldq jbb i&} _9dh~Y(Y+^`_Ld]YI.-b ^b} &} Y.Y(\9Y-.f4^`IYd2^`dh8`^`i9_9~f4aFYm~^_-dhd2jebe.YcYIb `}h^`Y(dailYI-_99^`Ij Ybei9} ^`dhd_Li&Z]b~[j} NYcY Z2_9} dh\Y[i9Z]^`jej`~beQYI~c.dd2ja.bd-i&b d}_9\ YY
.5O
!
j.{ Z] YahqQYIrZ2\ljY+hd+d2iFYI-b}dh^jeYb fF.} Y=dj^`9b`\4j} d9\9q ^`Yyb~^`b}dhje^`i&d2~~[$q b Z]} ~lY(dh-i_9Z2d2~Z]i&jYLj_cZhb-} i9Y.Z]&jYIYI^`?j`^YYh~Nq dhd gj
bYIY} _-_Y b
)B
&_)" 2
`^`Y[_Z2jeb _9} YIY \l}Y[Z]Z]j^`bb}~=d]^`_ b b }} YY }} ^`Y[a Z]} jbefF~dhd2jeC_lq b } Y=LaZd d-h\ldi*Z2_99\ jdbYId-b\9YIb ~e} brY
i9_9^`YIj~eY
b } } YYI^j_Yb _9} \lYq YI-bY_9~^`hYdhjYI~
d2lLZ } ^`~Z2~ei9jZ.YjYf9jedhi9a } bbed
b9d} q jYSZ]~dhi9jjo+Z2YI~[dh-Fi9^djwjw}Z]hf9d2d"i9i9_9jw\F[Z2Z2_8dh_-_&b.\9~YIi9Yjrje4\9i9Z2YIP~e~eI~Y[^`j_9Z2^`fFbea?~CYh\9Z2^``~dhdh9i9i9j=Zjh^`b Y_9} \IZ2db^`_9_L\9IYIYIfF~e^`Z2hbbjeZ2bed2f&`YI~Y~
^_)` ? 2
.d2{[c&YqYI~e9b`YIdY[YIi(Z2 ~e YI\l}^`_*db }bZ2} dhjeYgYL~YCZ]I`ddhi9Zj_--bebi9~j_4-f4+Z]dbi9b Y
} _-dYIb_9^`YIjeYId~~i9Z]~[Z]-jYLjY
^`je^`b ^`_9} \9} YYIYI~[} \(Cdh|bb }} Y
YIh^`ddj~LifhoZ2Z2YIIjejeYYb
Z2?dh_9aZ2`4b } Y } d~be~d2
ahd-\9~9Z2~i&jZ2~CZ2_9\?dhb } YIj~ C ah`dhje^`YI~[FZ2_9\b } Y^jCZ2Ibe~Cd2.je^a } bYIdi9~_9Y~~cFYIj^`~ } _9db Fb } YI '
~Z2YjejYhZ2^`_9_-\&be~gYIYIZ2\*_&\f9`YI~e^`h~YIYI\ ~q Z]_9\*Fdh~e~YI~e~YI\Xd](\9YIdhbY\ } ^``\9jY_l d2hdi9hj.dhi&Yj~i&\9d2^`-_9^`ah_9`a(Z]bf4Yjdji9^`f9b`^`YC_=dhb } j?YCb~[} q jYIY.dj`\9~4Z2~wZ]`~d^b }
\4Z2{[be&Z]b^q Z]`L^._&Z2~c?`Pbhd jdh^`i&a} }jY[bZahYjdhYIZ]i9_lI~CYhq \9v YIYj\9Y+~cYI-dhi^r^`-b }b_9} dhi9Ycbblf9?b `YI} dh~YI~e~ejebwYIYo\[dhZ]^jej_&YY\9Z2^`_&^`\L\9+iFYIb Z2}-F^rYlj\9YIbd-f-} YI Y~
S)b
~`h^F&Y[qY(Z2j
~Z]d2v _9b\c I}f&`Z]^i9h_9f(Z&\ oZ]9_9} j\cZ]d~wb YIbe}dhblZ]i9bi9 YI}~PYIdhYI\P_cjq dhYIb} YIYIjjC.~e^Y\&Z2Y
Fdh_9^`b ~} hddhi9i9jljN~e~e9.jddi9j\lbr
=_)
}{[Y[&Z]Z]9q j
9^`dh_9j
YI} ~eYIYI~[_-Y[h2[jedZ2`i(`YI4fF\YYIj~ebe~bdcdd2_lq ^`ZC_9\?} ^`^`_Y_9_\cZC[~\9Z]be^ ^``YIU\Ii9i9be`jd(b
b } 4?YIZ]j^`~_9~9\ch^`dhf-i9dhi~qb j} Yd~} Y+d2^`h^}_ Y
?
>c
b~}d Y? YI\99q\YIhy^`Z]_ }~[
i9C~+Z2bdh_9} je\F~YC}Z2~_4^`i&9Z 9F4YIZ2\d_9j\8beYI^`jCb } ^`d2b } Ib Y} FYYCYI~jrb.^i9Z]dj`4\9YI~L~d2Z]YI_9Z2j\~~9b i&jo} _9Z2Z2ah^`b~i9Yf9Y\_`dhf-be~r~
.
I
ah} d-Z]\9~w\&Z2YI_=~~CYIhf9Yi9jb+~h-dil4 Z]b } +Yb^`^`~ F}YI`Y[`Z2YIjwjebd]
dh4j d2} YIYI`j9br^`-_9Fa(4YZ2h^`YI_LjehZ2dh_9_&\Y Y[Z2j (
IdhZ2YI_9fF_9\?YI~e^`Yh~Z]q^`_b .b} Y\9\9_9YIYI^`hahZ]_9dh~[`bq L^`d~e_YIjZ2YI`_&NYd]^`_Lb } IYId i9_-d bYIY_4jZ]YI_9\ IY} YI~ j} Y} ~FY[ZdhhYIY(_&be?d^`Z]_-`
a '
)
F#
{` dq Y~y}Z2_9YC\.b d} jd`\Li9a Z2} bbob Z2} ^`_9YI~e~ Y(} Z]Z]9~i99jo^`_9Z2YI~o~e~w} f-ZYb I} dhYC?-^``^`^`b_9beacYI\Cd]~^`b _9} ~YIb~edY
h\9YY[YIZ](b } b } YYIh YI_-bdiF_9Z2a``^`_ Z2} b YI`} rYc`f4YIbZ]bb be} YIY?XjeY[^`b Z2} }?} Y[YZhb YI} _c^`_9f--c^`_9?aYIbYI}be^i9_&~[a y} Y +YI-^N~Z2^`\l
<
b } Z2bhdil +YI-^r-IYIjebZ]^_&?\9YI~ebjd2=di9j.Y_9YI^`YI~q
)b d2^`9b.
{m ^`9bY}q qcatj} Y[joZ]dZ2bdbe~^ 9FYc`YIY[Z2\LZ2`F~e^`i9d2j
Y[?h dYIil_9~ YX\&YI^`hb Z2} ~9b } Y} ~Z]Y b}YI-YI?j_9h~[d i \&ahYIj~Z]^`_-jY b
. -
1 d3
)
b{[} &i9Yq b^`h+_9d^`dh?i_ ^\9b^`IZ2jlYdhIdbwi_9YIj~dhYI
\9i9i&j9Ii9.YwjeY^ be4Z2dFYI\Z]dh~_9} f-~wYZ]~$ab Z]}Z29^`Y=_9Z]~e~b.i9^`bjo~}Z2~e^YI~
` YIf-~cl~d?=bYIZ}jYZ2bZ2~^`beYIa b}Z]YIb^__
h
?_ 8 $ C
y} YC\9YIhZ]~~Z2^`\l
bbd2} Y Z2} je^`\9a ~} YIb }j(YIdhq je`\9~[q-i9 } ^`~(dhi9jc?dh~ebc-^_&\9`L^`_beYI_-b^`dh_ ~9h`Z2^`~^` _} YIf-q\P9Z2-_9} ^`\=_9Z]Ia_9Y ZdhbdhZ]} i9b^`^lj_9aYI^q _9jYYIYI=dh-Z2i4^`w_9bY~}hb^`YId~ jef4b Y} Z ^`\9_9} dha^`_9~Z]}Y~qZ2i9~jof4Z9YYI} _Z]Z]~IIfFdhYI YI_
>3
`
5
b~} &qYwdhjeb\Y jjdb^`jCf9} `YfY =YIb Z]YI} ~ ~cY(} Yd]~..dhd]9b } ^`dhYb i&} Z]~gYw~`i9=i9jo~eZ2Z2b~~ je~Y(} d]d]Z2 $\`^`a _9dh} dhi9bbCj+^`~fF~~YIFi&YIY[^_ _&Z2jeaw94i9djb^dh_-|dhbi9NbC^`bgdhf-i9^` ~j
-I
a hL&Z q } YIv~h_&Z]\j^rh^ Z} YIf4_9d-YId_YIj^`.~Y+bedb } fF^`_9Y=ahd]jlZ]_-hdbYIi\*Z2abedZ]^`_li&~2\9fYI ~ebjehd2dildh i&j ?)
b9d} {jwYLq dhb } ^`YIje+YI~ \YIP-+h^rdhb i&} hjw^`dh~?Fi&hjcd2dh._4i&YIZ2jjCbei9F\9jYIYY=YI~bj^`je`~cYId2~e-be~=d~gf4b ~e}Y[i9Z]dhf4i9~e\&Y(bri9 Y=^`} ~b d } ^`Y?_9} IZIddh_9Y(_9I\&jeYIi9dh^`hf9IZ2bfFf&YId2\ Y
&_)"
('
^`j_^` } b YI} ~^~99jedhY[Z]~Fb YI} je
^br=^Z2Y_9$\=Z]`_9^\Yh db } v Yjf9d^`jhbZ i&_9YI~bdahYIb } YIj?^b }
bh} dY.i9j\9YIhdZ2~4d2Z]N~b ~} ^`dY_^jYI9hjeYId2_.Yb~d2~[-Z2Z2j_&\&\c~hb d} i YC}YI_9ZYY
b ^`}YI~[i9q ~=Z2_9^YI~ebYI\
'
5
[~beZ]&j_q^`-dh^`_9_9a?Y } 4Z]Y[_&bCZ2\j^~Cb ^} _^`dh~
Yi9fF_9jCYIY[9Z2i&je^`d2brYI.~ YI~ed2~clt hbdhd=di9fFFjY(~oZ2~~edh^`dhd_L~Fb^`Z2_ j} Y} \Z2Y[jeZ]bedj^`b(_9Z]aF_9\ } hYYIjjboYmY
-3
f,
b~ }Z] ^Y+\P~9Z]q hYYCd2^`glb.b ^`~e}_9d YwaF4FZ]f4_9dhYI\=je^``_9\ha?Z2Z2_9b_9^`} ~\i9} ~CYId\9j
jeb dhj} dh9YI^`^`bj.^Z]b d2} bYIYI_\=^`j+~of-~Z2=^`ha Y}b }hb[Yq } \9Z2YI\&hZ]jZ2~hZ]d`j ^
)
\9&qYI~e^jeyYI~
} bi9} ~ Y.} aZd-hdY \ d2_FZ]Z2j-jobZ2} beYIY.\lb } jYYC.^`d_9ja4`\9~} d2 Z]\9b Y} Y } YI+j.YIZ]-9^
4 YZ2} jrd
=) J
G
b^`h_=} &jq b YI} YYCy.f4} dZ]jjbdh`\9bi&`~ Yoa }} Zjedhbh}_-Y
Y=b[fF&YI\9hYIYIdh_~ei b~jZ} i&ZIYIhb\c^`YCdhf-_`YIC\=d]hwYIdilb YI} q _LY=u b YIZ} _9-dhY^`~_9Y a^`}YI-~dh^``~eZ2bY~w`\g.d]bb }} YIYIYI_U~e Y
Z2_9Ygd]dhjYCdi9bd2b } YcfFd-\9^`YI~d2
b } YC\9YIhZ2~q
Z29{mF Y[9Z]q jYIv \L_9\^`_=Z2b a} Z]YC^`_ dh} jed2c2d2Z2 ~ZZ]f4i9Yj_9^FYodhZ]jIbb je} YIYc~~
~d]Z4-b ^`} _9Y
a(\9d]YI
hZ]~[^o~ }YI\ Y
YIb }?Yw^Y~gjYIbe_ d ^}Y\LY[ZYI_9YIYI_l?
^`Z]YI_9~\ d2hdb } i Yc} \&ZYIhYZ2~\9q
^`~9FZ2YI``i9`YIbo\Z2b^`dhdi9_jbdY[Z2hjdijd
9bZ2d~eji9dhjbdYIZ]i~b^`Z]Z2dh~~_^`.b d2YI} `Z]w.9Z]dF~jYI`\9_9-~YIi9N\l`q ^f ~eb} YIZ_Z2Z]_9~ \ wjY^`~eZ]i9bYf ^`b[} q Z&
Z2~ _9} \Z]dhbejYI`b
} ^`Y b
1
G
/ (
0_)g
9hdjedhi9q bjYIfFbCYI`i9+l~CZ2YI_9-\=^r^
b f-} 9jehdhbdbe} i9YIYCIjwbbr~e$.i9Z]~d_9ja(\l^`Fd]b 9}
jehdhhdhbedi&YIi9Ij.jbCfF~i9d2F~CY[f-Z2~ejbqjeb ^_&} a4Yq ~v dhi&_9f9\L^`hd2Z&
0)
uYIZ je} YZ2beY(_9\9-~LZcb^`_ } YLLZ2dhjei9hjeZ2b }_9\9Y} Z]Z9r9bYIi9jjoZ2[_4Z2Z ``YI\9\ i9je^_&ab d]} cYb F} YIY j^`+d-\ YI-d2^
0ii &
7 )
b~hF} &YY[q Z]_9j[dhq jeb t} } ~Z2Z2_&_9Z2\\&je^^h^`_Z&Fb ah} i4YZ]~ejdh\ i9bi9} ~cf^`_Lb b } } YYY[f9Z]j~Z]b[_9\9^`_^`~ } b ^`} _9Ya=d]YI$~eb[Pdhi9^_ j 9ZhZ2je_9^rhb } YcLZ2_-ilq
?) ;
h&q x jedhbYIb(i&~Z2_9\ b } YY[Z]jb } ^`b } b } d~Y`d2YI`Ldj?~ ; +YI-^ ~Id_-hYIje~tZ2uwbe^`vgdh_=xywz^`b WX} b } Yc?YI~~eYI_9ahYj
&
=YI\9^`boZ2b^`d_d2
LZ } Z2~Z]jZ]~Z2b^
^`_ } YIYI\9j.^`boYIZ2^`ba Y} db_gF`b d} bYi9^`~_9`I^`dhh?Y } 4Z2Z2_9jo\&Z2f9~l`fFYYIL`Z b} jeZ]^\&~Z]YI_-jZ2b[~e$9`Z]dhbi9^a } } Id dh} _9dh`\9} ~ 2Z{[f9m^`\9{9Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~w~Z]Z2~a-IZ2dh^`_9_ ~eIZ]^`_9dh\i9~e_9Z]aYI~eZ2~ ^`_ bdb } Y +YI-^w } d
b U
~bejZ]d2IYhYINj\&d2^~ecIi9-~i9 fFf d2} Z=Z2Z]_&_9\\Z2djb je} d2YI jZ] ~i9} jodLZ2~^`~c.Y N} i9d`ah^`Y~_~ei9bYI\ ^`Y(d\9jb Ym} '
U
y} YcW^`~ } ^N~Z]^\P hZ2f9^`\9Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2} ^`i9_ _9abdYIj[b } Y +YI-^w } d
('
Z2Z2{o_&~e9i9\ qjZ]} ~[^`~F-dhi9dhjejebY ^`f dh } _&_&Z\9~
jd2Z]Z l_9~cb\ } Yw~d2~^`~Z]i9YIIjjYI^ 4^`f aI} _YZ9br~9F.f-YILd2jehYYIdhbjjZ]b h}YYIYc_d2b Z} b j} YIZYIYc^`jc.f-&(djjb ^``}\9\9YY~
b U
A -) K
Z2_&\~ebjeYI_9ahb } q %
>3
hZ2f9^`\9&Y{h~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2jeY^`_ 4YIbIdbe^`dhb _} Y +YI-^w } d
b
CI
U
('
b9} q Ygy~e} i9Y+_lbr&.b }dFYchb ?} YId-dh_l~eYI`ChYIi9~f4hYbejd-Z9dh d2Z2h=YIj
Z9`h^`hZ]Y_9\=^~e.YhZ2jeb i9} _4Y+Z&d q IYI~d2
2
Pc Z2f9^`\9 Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2F^`d2_ .bYdj[q b } Y +YI-^w } d
b U
\9i9q bry-} q YI+CYIb 9} jY^`YI~\Yd]
YI~Nb YI} -YIYI^`j+jeI^`d~jYI\9\~ }.^`Z9-~gi Z]~l_9Z2\Li9~eb d2} hdhYIjeje^`brYIw^`ahZ2_-_9b\^`YI~v 4ahb _9} ^ Y ~
( 4 hZ2f9^`\99Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2b }^`_ ^`j~bb db } Y +YI-^w } d
b U
\9YIhZ]~.YjYc\9YmY[Z2beYI\lq
$'
i
hZ2f9^`\99Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2?^`_ d\&bYId~brb } Y +YI-^w } d
b U
b^`9`} q=i&Y(~W?^`hYY+~dhdhi94`_--d2b^`Z]_9YI^`a=_9j~[b d29} Z]i9w_9~l\L^`~ b } b } } _YYIiPj\9q YYhYIZ2-~cbedh``YIYI_-\Lbcb b} d Y u +^`YI-^rZFh Z]b[} Fd`dh^`~wj\b } d2Y
S'
X
Z2f9^`\99Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2F^`Y[_ Z2bY db } Y +YI-^w } d
b
'
U
y} YC\9YIhZ]~~Z]^\P . b Z2f9^`\9 9Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]laZ2Z]^`_ ^`b } bdb } Y +YI-^w } d U
bb dZ]9b^`} q dhYI_Lj&Z] Z2`} i9dZb-Z]^`~wb~(^`dhbeb d_ } Y} bedYI9jCjeb ^`} Y} dhd+je\9^`YI~+^-Z2YI^r
h
YIbeZ2jcdi9Z]~eb i9Y} ~Y9Z]^`_9LI\ ^`dZ i9b } } ~[Z2YqC\9Y9~ei9Z2^r~`qi9boZ2bo&^`Z2_9beZ2^`^`_9di-_a
'
j
hZ2f9^`\99Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2`d2^`_hYb^`d_9Yb ~} ~ Y +YI-^w } d
b U
'
Fd2.YIjq *^`b } Z2bebYI_-be^d_l-Y } ZhYCZ]\9YdhfFYI^`~Z]_9IYcbed } YIj[q
hZ2f9^`\9 Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2a^`d_ d-\?bddb j} bYi&_9+Y YI-^w } d
b U
_4~{ Z]&qZ]`i9qPb99Z]Z]Z2b^```dhi9i9_(bboZ]Z2Z]bb`^`^`$dhd_c_gZ-bebe~ldd be} d YIZ]}ji9Y jj
^r} dcb } } ^`d Y.~~P~ebi9Y^j~9jFd]^`f94dh`jb Yhbe} -YIYj[bedd2dh}NjXYIb j} Yd] 4w} b dC_&} ^Y.^`~
?YIYIjbed~eYIY[djrI_ q
'
?
1 -T b hZ2f9^`\9&Y{h~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2Z]^`I_ b^`-bd^`br b } Y +YI-^w } dU
^`~f9`i9Yorf9Z2oZ2~wZ]`~d~dhYor`^`hY^`_=Idh?9`YI-^d_lq
' b 9Z2f9{m^`\99Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2?^`_ dhb b} dYIj b } Y +YI-^w } d
'
U
?
Zb2{[Z]_&&b\q ^`dh?_dhbY+d~e9b.} jbeYIdYIj
~jbje jo^f&Z2} bedgY Yc4^`f4~Ymb Yc} dhY.~ojeZ2Y ~e`i9i9} 9bYIFY jdh} jYb} jd2dZ]N^ab~wZ]} Z]^Y_=b..dZ2d_9_9jI\L`YC\lZ]qa9Z2dZ2^`~_l`b
i9q
abo&Z2YIbe_-Z2^`bdi-`_Y
.'
b Z2f9^`\99Y~q ^_=9Z2Z]``Ni9fFbZ]YIb^`_9^`dhah_9~~^`_Z2a-b Z2} ^`YC_ dZ]_9j\d]Z]aZ2YI^`je_ jdbj db } Y +YI-^w } d
'
U
bdb } YC\9YI-^l } d^~b } YCdhjed2hd^`be^d_lq M h+&YIq -^h &Z2} `di9IbdZ]b_9^`~dhbo_&Z2~S_-bZ]`CaZ29^`_jeYI~Z2^`_9\9\*YI~Z2d2a-Z2YIjl^`_b } bY
d ~Yb _9} ~YYI~Z2`d2r44Z2YI`hjehfFZ2YI\9^`_9^`_9aa ~
Z2{ `NmfF{9YI^`q _9ah&~Z2`^`i9~b[Z]Z]b`^`dhY_&\~wwZ2^`a~ Z]} ^`_-_i9Z2_&Z\-Z9Z2qa-Z2^`_bedb } Y +YI-^l } d?^_ Z2_9\ad2hYIje_9~+Z2`4b } YcYI`YI?YI_-b~
@ 6 $'
`^ _9 aC b 9q} YY9_Z2be`^`i9jboYZ2b^`dhdj_9`~
\lZ2aZ2f9Z]^`^`_\9YIZ2~_9^`\=_bZ2} aYZ]^`_(djbe d } d2YNjIdh _9} ~ed4I^`dh4i9Y~ej_9hYIZ2~e\U~[ q
- f4f4YYYId_ _9ahf9Yj\ldi9q a } b } YIjY jd jZ } Z?bdL } dh ^`bCdhje^`ah^`_4Z2``
\9\4 YI{Z~e-q ^`9jYI= \_-Zd(dhfhh~oY}YI\IYhbNd]b $Z]} _9Y \Sdh j~Z]Yh\9Z]f-dhjLje^rYI9\b b } } fYYc\9~eb YIdh} hi9YZ]je~C`IdhY(jed\cd]jg.d2b NZ2} `b lY} aY.~dZ]\9d-hY\lYhFZ2d]Z2~
$IYIb }dhYIYIj^` j
7
_4hj&Z2d?q YIu\b } YICYcjY=^``_[dhI^`je~Z2\L`b-d2} ^`_9Y=^F.beY[jY[Z]Z2Z]`\&b ~} Ywi9qjed2YLv _4i9_9_-Z2\L?Z]b YI\9} \^`Y(_9aLd-IZYd}Z2b_Li9Z24~ a-Z]4Z\9d2hY(Z?YIZ j~f9aq jeZ2dhjei9Z2a _9} \ b
*
$
d2hdh&jeq .Z2YI jeje_i9` _4Z&dhx qi9jojZIv I} Z]_&dh4\ i9Z2~ebe} Y^ YI~j~q Y=boZ2^`_9~c\9b~} bY} YYI-aIdhY``\-YIr_-~ b} d2 } YIZ2jje^`^_9da?b(bi9} Z2f9bje$YI`Z]Z~
5
M
bf- d&cjq ?i9~YIv dh_-fFb_9YIYI\ \^`~Z]f-_-} b
d Z]j^`^`je~b dh} _9aZ]d2\9_-YbghdhZ]Z2bea~e^`i9Z]dh^j_l_PZ]2~(\&jYIZ2YI~_&be\LYIjd2jYI-_&~
} Id4b YI} \X^[~Z2f-h``YIYIje\i9c~bdd\9?YIh^`YIZ2_9_-~\ b ;
Z2`Ndi9j[Z2Z]^`b^`YI~q D
T w- ^be_&qa(joZ2^`~_-*bZ2^`\4Z dhdil_9} acZ2~
fFdhYIi9 YIj_=dhf9je[\ljeZ]dh jb je} +^YIYY[j \Z2~+b d } 4
d~qP~b ~~ } Y} YC~Z2~-_9^`dbed-^(_9dh~[~eq YwY[d]Z2Fbdh} _8YC_4dZ]Y[Z2YI_-\
<) <
P#
^`b _L} YI 9]jjoYc Z2q be^`~dYI~Cf4Z2Z2xb _9} je\ YC^_&^`I_dhYhb Cb} } YI YCjc} $Z2^``Z]YLbb~CYIb je}d2~w.Y d]Z2\9\&YIb dhh} jZ2YZ]~?b^`dh.Z2_FY_&IjaY Z9x qb Z]} ji9h~=Z2b YI} _&^laZ2Z2aYI\ Y
B) ~f-hY[& Z&q 4q jwPYh^^`q je~ Yc} i9Z2`~df } aZ Z} YwZ2~hdYIiYIbrjLd(-a-^`_9Z2\=jed2YI
_-abYI~ } &^`j d-} \9Z]i9jIYCY\9i9^`_=je^ Fb }YI\ Y
H
3
=O d3
^` ~d&j9qLb j} Z] ^`} ~jeYhYIdh\L b f-} } =YYIjh`d2d i } YI-`} h~YIr^`j[f9Y Z2jePd2.~ } v YIY\P_LZ2Nb Z2}~i&Z]9~^a\ 9Z^`Ibed^`Ywdhi&bb }}~wYcdhah~ejd-YY\99\9\&`YYI h~ ~Z24~[~e9ji&_9} ad
. P)
-
/
$
h Z2q ~v [Z]bY`YIj
\?~ } cY Z2} `^`Z2h\Z(^`Z]~_9~ei9\YI~e\bZ2dbe^`jdhb _9} YI \x Z2dhje_hZ2?be^9dhf4i9Y_-[b Z2u ?^`Y.\4Z2Z]Zj-Z9Z2q _9\
5
^` `&di&qj\=v ^`d2_4aZ2YIb be} ^Q_9Ya+Z]\4b Z2} d^`Y br_9-a.Z]i4~[Z]q dhjb?YdhjYIi?~w_l~ } d2^`d9b i9}YI` \=} -YIi9~jYI^`~Y`^`i9b} ~eYIbYI`jeCj[Ygq fFb Y[} Z2YIi9jebeYc^~ i9} hYC`^`^`~[ f9~
b~{ }Z]IY jq ^\94YIIhY Z2u~w~CYL~Z2Yje4~oY(ZZ2-jod~Z2f4IbYIY\&-^vYq _`b+gbb d?} Yb Yh} q jeYI Y Y_[.od2dj`\9Z]~=`lZ2b j} YYI^`j} ^`_9Z2YLjYZ]~w_9^`_\
=
l @i
)
2
}hZ2`&dNjq _9~Yd2~w Z2^_9dh_=\je\ld2dhb i9} j }YIjeZ]} ~.bdhYIb i&} ~YIYIYhj9jeq YoYIZ]jYIY+`~[^_2&b j} YIYwI^`b d} i9j~YYw~bd_9dhjYI`~\92~YIh`YIb } }YIZ]_-Z]bj~[Y
>3
b{ } CYI4{hYd{ } ~&q~^`IY`~Y~v ^`d2d`N_hbb4} } Z]YY
_9\} ^`_9~dhdaC^`I^`d]Y~
l~bb \9} ahYIY+YIh?Z2ah~YI~4|[^`_CZ2jed]b jl} ^`YIYIY
\`YIb }Z}jeYIZ]ZY_c.be~[f4d Yjv `?\9^~ljoYhZZ2q hjeyZ2Y
bo} ^`Z9_ Y
=_)
i
('
6 Z q Zv ^jjodhZ hZ2bo_9Z9\9-joahZ=Y Z2_9Z2\~dd=_9Z2a`~YId?`YIb } } ^`Z2~ _-x b~Z2j^ }IZ]Z2b~+Zf4beYjYIYI_ Yf9Z]_9jd\i9ab } } Yb \9d2YIh} Z]dh~Nj~eb YI} ~
YI?_4Z]~YI`YI\ YI~l+d I[YIZ2je^`YI~e\jZbhdwZ2?~ Y} ^`^b } } Z2~jZ2d`~i9YboZ2Z2beb^db }_9Y.~Nb } } Z2i9blj_&a^YI_& a
F#
=
hhd&hq YI\?u YIjeY^`b }~boZ2~e$_9\9Z]~_9~[^_FZchdhi&dhj_&\9dhYIi9jrjebri9NZ2ahjeYI\("b } Yd2.^`db_9~\9IYIZ2j~i9~oI9q } b Z]j} ^`Z]dh~b if)
YI{h-{^`{h~qbY\Z]fFY[Z2di9_9beac^b i9} hYgZ]\&\9YIhoZ2 ~-} b Z2} bYcYha-YIZ2j_9dh\ b }} Z2YIjPjehjZ2Z2~jeY
Z2dh_9fh\?mYI_4IZ2ba-~Z2b ~w} Z2YIjjeYY
{
_9d2*^`b } ?Yhq b9} j^`d~+4bY} j[qZ]b } ZhY~Z2^`\ F`YIb } ^` \9d? } Z2beYIhYIj } Y(dh_9~e^\&YIj~
('
Z~2{h^`_&{ _99q^`Yc_9\.Yc^`_YCZ]j`b d-YC} dhbY=?} Yi9dh4YIj_[d`o_L\ld2q hYIdjil~d id] b +} } YcYId -f4^rZ2Y4je~YZ]bw~w~edi9b fh} oY$} YIIobeYI~[.dhq YI?PYd2
bddhYh
$ -i
2
)B
u^`YIb je} Yb YI} _&Y
\9?~YIb ~} ~eY YI_99ahYb j } d2 9} b Z2} &Y bYI+jYI-[Z]^r`Y\Z } Z2+bYI-h^ ZP~c^`_cIdL_Z2YIjejh~oZ2Z2_9be\&^dYI_ Z
Z3 0 4
f-Z2{h_&c{\ I{h~o} Z2{d^`9\lq q yb } } ^`i9~~i9b_9d^`h\PYI je~+Y+i9^je~a~eZi99b } FYcdhjZ2be\&YIdh\lj-Z]b f9} `YIYw_Z2fF_9YI\=[Z]Z2i9~eY9^`~IYI^`jedhYIi9_9~Y
f
jbYIZ] F^_dhq jed2yb.} bjeYI}dh_Y b \4} } Z2Y^`^`~brZ2-~Z2i&~[YIj~eZ?~YI_&ahdYI_4j}Z24i9jebe ?dh} `j9\ Z]YI_9d-jo[} Z2Z]i&a_4YIZ9\j Z]}d`_dZ2~}beZ2YIY[_4_ Z]Z&jb^`_9dZaha? YI} bb }}^`YoZ]YIjb
y} Y +YI-^l~oZ2^`\l
< bje^`YIb ~} ~eYI\Ldhi9 j} Z2YIje_\9SjZ]Z]ah_9ah\?Y\YIf-be }=} } YYj jYc} Z]f-^jq dhjYgb } Z2b~ } jYc9\9^`~r
L )o
i9~{hd2be{bYIYIIjej{hYIY{ \*^a_Cq f-d29dbi }dh}iYZb ^`} _YCjeYI~b Y.F} dh^~hdhYje_`\9Z]be~lbjbeZ2i9YI_Cbj[} q*`^`-h-_9YIi&db^`} ~fYP^`_9} ^`a~Z=Z2^`Z2`~~e`d ~e^Y _&+\9} ^~eYIZ2i9YI~\*f4fYIb Y}} _ YZ&q
2 '
_)
f49YCq ~ewZ]jC^`_l^.-f4Z2Y_-=} Ycdh_9ZYaYId`\P~Y9Z~boZ2Z2_9-\&~o~cZci9djwZ]Z~ a} Z2YI_&jC\ }~ZZ2-jeh^`dhZ9jq ~FYb } ^
9Z2{h`je{jedh9Y[qZ2\9^`~e?YIi9\(dhbwi9fFb^`Y_Ld2b } Z]^`d-\9~wdY=^`~ Z]Z2} `b~_9beY YIYI~ej[~[ u q } Yd2Z28j
[Z]} _Z]bb }9jZ2db+ ^`}~Y ^` }} } Z]Z2\~+f4YIZ]Y\9_ Y
<
-i99q f y} } Z9YII_bYI}_-YSbZ]d~ji9b jo} Z -i9^`} oi9-j-Z][d-Z][IZ]I_4dZ9&4IZ]dh_9?^`YI\cZ]f-_9c\9~YI^`\?-brb c} i9b } ~wdhf-i-
5
~Z]_9\LZ2~i&jZ2~q
Z}2{ _&i99q\~fFZ2^`~c_9u \lYCq L =} d?Z2bI dh} _ ^`~ci&YI~ejb~+jY_9ahYCb }^`_^`fF_ Z2bb}be`Y=Yh9.jedYIj`\ d2~ YI} ~.Z]`.fF&Yj^`\9Y
}Z2_9Yq \ +Z2~ew_h^`~eYI~YI\ i&YI^`} _9fYIacj} b Z9Z2} q `Y dhi&+\lYI-^9t ~bodZ2b^`Yd_9bYIdL\b dh} _Yb 9} jeYYI~~Y_9_9d2IYLd]gd-i9i9_-bfZ2^`} _lZ
. Ri K
() H
i
ah}{ je&Z]Y[_9{hZ2q\=b^Z2-_?~di&j`YIZ9Z]bcqjj-^i9Z]Z2ah_ Yh-f q i9} ^`Z~ } } I^dh_&?ag\9YI?Y Z}Y YI} jeYIYjYhb }-Y`YI_lb N} dh^`j +~e^d-~edhi9_bf Z]} hZYb} Y
?
\
y} YCY~~Y_9ahYIj+~Z]^\P D
{ }9^`q } =+Z2_wYI-^`^r_c9b } dhY
ib }Z]jjYYIY} Z2dhi&jea `} \9br~Nq ^`y Z]~`boZ2_9_9\cdbwfF~Yod=djfFYYo-di9jYf} YhZ q y} Y +YI-^N~Z2^`\l
<
YI+{ YIYI -_q ^r9b v Z} `Y~9^`b_9d} bahYg} `Y+YI\&j.YIhZ2dZ2~ei9~jZ2hZ]_ YI~(je^`^`_[f4Z]Z]_9b_9bedhYbq ~boZ2_9} \ ?Z2YIYw_-bb^`ddh_Z]IhYwdil ^`b }
${ Z]^`mb j}{\99~ Zq } ?yYIjgYI} ji&Z]Y ~(_9} \=beY[dhZb `}\lYIYgPjed]YIb }i9
YLFb }dhZ2_YC~ei9~v djZi9_9f9\ ^`}hi9Z+} ?i9jY j\9Z]i9d-IYI[\Z]_4} Z?^` ji9~ b}dYIZ2\ ~ } bd2YI~
b{ `Ydh9Z2q a-Z]Z2_l _9^`_9\&~Z]jbCZIYc-Z2i9b_&} \YIf Z2} `lZdZ2b _9} \Yjgdh\&b } YIhYIjCZ2~+\9IYIdh?i9dh`\L_9~_& dh} bwd2X~ebZ]_9^`\L`l^`h_Ldf4ilZ]lbrZ
9
<
N U
=_)
fF{ YcY9b.f4q ^`Yb^+_&_9a(_Cdhb
\9fFjo.Z2YCab ah}dhYIjeZ]\=\cb.f-^`bdh~eiYIdhaIi9dcj dhb}diCZ]ahb ^`} dj[Yq bdC-i9^`b } f h} dZi9Z2j_9\9\ ^`ahw_9^`~e^`bri9df ~} b Z&q
YI^`{ `-QrIIYIIdY{ _9\9~^` ^`_9\9q ahYI`je YIYI\=} ~[YIhj^`d2bNd*^`^`~ 2bo-Z2i9YI} _=Z2f b} d[Z
_9Z]a^`_ ~NZ2~e bah\9jd ddC_9~ag^`_9Z]I_9Y\Cb }~d+YIj^Y~ +~eb^`Z]~_9i9\9~
f } Z
2 '
(
S
4b{[je&ZY[cqcZ2\99-^`ddh_9b?a} Y(Yd2jhZ2~CY~eji9j^`Z]b ^} ~[b N} ^`^`bbC^~+be~~ Z2} di&^`i9_9a b\} } b`FYIYIjeZ2aYI_9~[\\q dh^b b } } YIjwZ?af9jY[`d2Z]XbZ]d]~.i9^`jobZ2~+~4dhf-je Y
7 1 { 9q d=f4Z2oNlZ]_9\ bYI`
b } Y`dhje\d]Z]~i9joZ2~[Z2jeYoi9``Z2` {[&q y} Y+`^d_l^b } ^`b~IZ~[-bedhjeYwdhi&b.b } Y } Y[Z2jeb~d]~dY
{h{
Z2_&\~eYIhYjYI\ } Y[Z2\9~+^`b } Zf&d2 d2b } Yc4Zcq b\9{ } &qjY^`* YI-j~w^_4_-Z2Z]bebed_9 \=} } ^`YIb _9}jCa YI?^`bj}dhi9YZ2b YI} je`jYI^`bdh dj} ahZ]YIjeb^_\&} beYI~YIjjC~wZ]^`b^`_9b} \=} dhf4b _9} YIY `YI`^`~[jC} q Z2j_9Y[Z]\jc~ } Y YI_L4i9Z]_9_&\a
7I
~dh{ } b }Z2q -YIje^`v _9~[q a_9\ ^`b^~b=~YZ2h_9YIY=jeYI\\9joZ2Z]_9j?~Sb } Z]Y_9\ f&}d-Y[d-Z2\ \&~jdje dhb } dhY b } } YIY[jZ2~jewb~=Z2_9d2\
b{h} {dY q ~}bydhjejeZ2~^`-a YI^`}~_94bra Z]i&_9`^`\YI } ^`Z2^`b~je}=YL^d} ^`b._-YIbjd ^`beb YI}} YIYIb ^`j=}b~
q \&jd^`i9hbYI} j-b ~ } } YYCajZdhhi&Z2_9`j\ b } YI^b }
}+{[&^`YIa q -} ^r q ~e_9^`Z?j^`b?YI\dhZ]_9Y_\bCYIZ2-`IYIYb }\9Z]^`_9b(ahZ2`jeYI_9LjoZ2aZ2YI~c\\9`^`Ydh~_bjed2 h} YId\ f4f-dLjYwb }b } Z]Yb
dhd2{ _9&Yq} YI ~ j}} YYgfFd~eI\&YIj^i&I~q YI} \=YI\ dh_&f-Yg?f-b } bY} .Y Y} ^aZ]^`} j$bwZ]d2_9
\b } Z]Yc_9dhbd} dYIb[jNf-Z2_&\b } Z2YC_9d_9b Y} Yj
/ S'
Z2Z2~ejei9&jZ {hq Z2} ~+i9} \9?YIYI_8j~Z]bej-d-d2i9[Z]YI\_4f Z}f-Z&=Z2b ~cb } } Y(~eY=Z]`^``^`dhdh__=je\f-d2d2bb }} Z]YY ~i9++joZ2YIYI--~^^. }Z]} _9Y[YZ]\j$\Z2Z]`~wb } }^`Z]_-^`b~
bi9{[} &YCq av ^`jb Y[_9}Z]\b$} ~Z]YI}jwjYbeYI~[YIZ]b~ i9}} a dh^} b_ bcf} YI^`jb b } } dhi9~e}jY(-YIqjZ2~ei9jdhZ]i&~$b }Z]_9b \=} YIji&_9Y[Z2 }FYIdh\L_&~Sb } Z]YI_9 \
9 5
i9je^`a ^Z2} bbrY\lZ2 ~e}i9^`j~Z]~ `^`t } -Z2i9_&^`\4hYIZ(jeZ]YI\_9\LZ]=_9\ i9_9} \FYLZ9 dh=Z2_9\&YI\ b } Ybr.d
&
E
Zdh2j+_&\ f9^`9f&_9q j\9^`^`_9_9a a t}} } YIYIZ2jj_&q} \4.YIZ9ji& YLbg~e^4Yhi9YIdh\9_9i ^`\4`}Z&Zha\9Y(dcjoZ2Z2b ah_-} a?Y^`j_9\9Ywa dhi9} ^`f&bYI}bgjZ2f-Z]fF jdhai&} YbYIj dh\9jedh} I^`Z2YI_9~[^`a j
=_) )
_4{ Z2beq i9jY\} Y Z]~\9i9YIjo~Z2be~j9d2\9YIYI\ dhi9Z]jeYI\Lb } ~eZ]dhb } YCdhZ2~e_9b\=d]f4SZ]?bbe^`YIa j}YI\br*dhbZ2} _9YI\Xj~YIq -^`
bb }} YIZ2^`b[j.b } Y[YIZ]_4d`YI_9b
~[bq } YgZ]~i9joZ2~~bej^`hY } YIjo
^`_b } Y 4a } b
^`b } Z2` 3
\9{[&Y[^`Z]bqg}Lb -} }df4YjcYYC^_&~-ai9YIah`jjYdbedhi9-9^_9`F\?`YIYI\L\L^~eb b} ^`bZ }Lb } } YcZ2YIY_9jC\9\ahYCdhdhjb d2\P} YI4}jc~eYIdhZ2j+?~ei9bYcYIjYIZ].b ~c} Yjq YYf4bwY[b Z]} bYIYI^`_ j
#
\9d2q _l-~e} YIYI^ I_=Ycb b } } Z]Z2bwb ~ v } jYIXf9^`h^`~+Z92.f9d^`_9i9\L_9\9Z]YI_9\L\Z]f9_9je\ ^`_9} a YIj+} YI`j^d-_=i9~^`obje-^`-q YI_
/
<)
I{[YI&YIYIq _-\&b^w_& _aht`~} YZ]beYI_9YI^`_9j\4jeaLZ^f&Z2j`Yi&q ~ b } } YIY \X} Z2dha-~ebZ2~c^`_9d]~e$b(Z2b ~e} i9Z2jb?Z]~CZ]Z]`^`^\L` d2}Xd ^_Z2Z~?Yhd2
ujZ]Y`djYZ2YI_4_9Z\9[~Pd]b } wY
~eY^`^br} Z } } Z2Z2&bebYIjPhZ
[Z2^`_(``YIL\ Z]yjh} Z]Y._9-\9YIZ--Z^`_99a.i9d]joZ2 _4Z} \9i9i9j
E p
^`_9ab } YcFYIje^d-\=d2
9ZhZ2je_9^rhb } Y(LZ]_-ilq d2I{[d2l&hqZ2YjeyjjYId2} \=Y~[b ah}jZ2Z2YbZ2_9b
\bYZ2=j~eji9^`i&jf9_9Z`\4YorZCtYI} YIZ2^`\lb _9} \4+\9ZYIP^`-~^Ii9^q b~}YI~ h} Yi9jj`YIbYI\jej^`_^`f9b`Y.} d~ }i9d2~Z]_9YI\9j~~
K
y} YcW^`~ } ^N~Z]^\P ^`{ _ bedq d(i9b b }y} +YC} dh`d-~eYdh^`\9h~e_-Yb.\i9d]`^`YhZjY dhIi&`_-dh~Li9i&?\9\l^`q YI~jIdi&i9~YI~=~~dh\9Z]^`~jLZ]9dh4jef9Y~LZ2j\9^`_9^`~a Z]9^_-FbeY[d Z2je}^_&YIa j
{od ^`9b \=}q Z2ytje} j} ZYIZ2-__&q \4Z2Zwb Z]} _9^`~\SIdh?i9_9\4Z2ZC_&Z2\(bPb b } } Y(Y^Z2j ~e}i9Y[jZ2Z]\P~[U2i9`Z]`Sj }Z]jYI\c^`Y_\l9dhZ2i&_9jr\
A
{[Y[Z2&Z]i9q jra } i9yYIP\} bYIYIbejYYIY[b jZ]} jeb=^`f9`YIZ]jY`^^`ahb `} Y[Z]} YId-I^`_9$YIYacZ]\9~^`_9^`jeab d} Z2^jei&_ ^`j_9-} aq YIjCj\9^`a j}YZ2b\-i9`i&`? dh} i9dhb ~} Y
`9^`qdh_yd} _YIZ ~} Zi9 aYgb } aY dh`+\9YIYI_?-^4Y~Z2=^``d2^`_9ab } ahYCYI_-ahbje`Y[-Z2Nb+~YZ2dbi9Y\_-bi9Z2^`4_ldq _b } Y
E
Z2b&q^`b t}y} } }Z]YI_9YIjw_c\4~eZ9b .}dYZ2j_9+\l\YIq -~eYI^r^I^`_9dha i&} _^`beX^`_9a
f-i9F} dh^~_ } } Z]YI^`jj[ah~jYIYZ2YIblj`YI^`dh\ _P} I^`j~ i&} ~ }Y[Z]YI\\
?
q Z]+\9Y_LZ2~e_ YIYI^`Y _9Na dhj} bYIj[beFdL~[dZ]9YCbi9d2je
Y b }} YIYIj.Z]YI-_9I\^`bdYb\} YIb }je~YIZ29~eYI&`jhdYIZ]~C Z2} _9YI\\
)
/
} YIj9^`b } b } YI^`jf4d2~fFYI_-bgZ]_9\~e.dj\9~+\9jZ_Pq
C#
9 }{q.Y?-YIYIY``^YI_&\ a } t^`} Z]_9Z2\4`~ZdZ2b }^`\Y`ad2jcd9i9=_9\li&_9~\4bZje^`Z]^``_9~da j} i&^`~ } YI\^`Z2b b} } } YIYIj[j q
9Z2d-~q YIy^`~_9h} NZ2YIq_9je\YIi9^F_ dh} _ Yjv Z]_9ahf&Y^hj Z} fFYIjYI[IZ]di9_-Y+bYIbYI_FjeZ2j_9^`f9I`YSb Z]} _9YI_ahjef4(Y[Z2^`?b } Y
b \4} Z2dje~Y ~dhje\^`_ } YIji9j-q
`^`d2_&cq*Z2h`Nb-} \9YIYCYI^`je^`YIj_9YIIa =b^`db Z2} _9^`_9YL~[^`q _9?acdhZ2~ejeb(h(Z]b^Z]} _YIjb Ytf4} YIZ]_9Z2\4Z Y+Z24_&Z2\_&^o-i9_9Z2\4_&Z\ 4Z2YI^`\\
9jeq d2^`b } +_lZi9I^`b?~~~ei9dhjeYIdhj\c\L ~eZ]i9b_9\9} \=\9YY_9_9~ed-i9`dhgjr~rcYZ2qIZ]Y ^2d]d]9b} YIYIjej?j^`f9d`Y
jY I} dYi9Z2_-\lbYI _44Z]Y_9jIIYhY Z2j^`?b } YI\
EI
) @3
^`h_ &^`q}_9YIvaj _9Y} \(\=Z2_9\9^`Z]b ~}`^9 Z2} 9YIdj&?j\&d^_&dZ]i9a(} \b YI} \Z]Y i9t} a } Y[} Z2Z2b\&_&Yj[~w\9q ^`d2h ZctZ2}_9Z2\?_&~\4Z]Z(^\PZ] _9} \LYIj=i9dh_9j\F\&Z ~
4Z]^`9b`}q^`_9Z?aY[d2aZ2Z2jeje^`^`_9_9Z2awa _9\beb d } d2}Y=YI~ej~b-YIji9=Z]`_9rZ2ahNIY=I^Z]Z2~eb\YIi&\ ^`_4rYIbZ?~d} 9be24^aYYI\^`j b } ~c~boa~eZ Z2-
&^
_P^_&N\9aYhIYIdhjejodhZ2i&bZ]b Y-} \
$#
f4=Z2i9beq b_9`\FuY Z9YI-jZ2Yi&~w} brZf h}dY Zca Z]jY[_9f9Z]\jbgdwi9Z]a _9^`~} ^`i9bwZ2fdhFi=} d Z9Nb YI} hjeY ^d_&}iahY~C~ Z2} \9^`_Z2~+`Nb d2} h ^`d~wti9~o} jZ2~eZ]YII_9je\4^ FZ~eIZYZ]_9d2q \
\9Y[^`Z]~ }jri&YIhYI~
^`bZ2}C_9\} YIFj`be^`dh_9_9aab i9} YYdjYI`a^`^`_9dha_9dh~Pi&d2b[4 b } } ZY.-~e^`-_9ca.\&YI^`YIb }c-r} ~i9Yj
_&cjd-jZ2YIj\U~
@I n
P# d3
Z2Z2_&~ei9\cjZ]Z]~
`^`^`_(_9ab } i&Z24b
dZ]_j^?-4[~ Y} bi9Yd\9i9YI~`dhci9Z2je_9YI\\~b }Z]dhi9~a Y } } bdhYj~^`be_9~
aCd2Nb } b Y} Yajd-Y[Z]YIb~
' 7
~b{[FZ]&Y[q Z2j+v b } ^`_ Y(f9}Z]^`~hZ2i9_9Zjo\=cZ2~[jZ2q^`i9\9=^`_9aZ2jed^_L^_ Z 4b } _9YYcFdhY[jZ2 dd]oN NZ2i \9} hZ&Z]_9 I} YId\=`\9be^`d_9aLZ2brZ
y} Y(-tZuw-^vC_&acxywd2
z WwW Z2-boZ2f9^ IZ
1
L3
y} YcW^`~ } ^N~Z]^\P { Z2q jei9 \4^`Z&hYI} d^`~`\9Y?^`_9b } a(YLdh _9} Z2} -&b^I`d]i9wfl-wfF^`~d2} _-i Z]_9[\=Z2?~Yhdh
j~e\=Y[Z2^`_beYI}\Z2i9_94\ldq _
`{odhZ2je^`9\\(q d]v d2 cbb}YIjZ2Y$_9b Z]\} ~Yci9=jo\4Z2Z2Z]~_-^hbrCF-d2d2Z N.tb Y} } jrY+Z]i9_9f4F\4Z2-Zbei9b$Z2`Z]^`f dh~} _&~Z&~Z2^`_YI^jeb Z]Yw} _9\9?\YI~e^`\gbjei9d2d2_9hYI\4YIj\lZ-dhb } Z2YY~
1
f4{[dh&d-jeqZ2 jy`d2} ^`hwYYZ? } d~Z2Z2j-jbe^q^N4d2I ^Z2u Z]fFjd^r-Z2j N} ~ d} YZ2~eZ2~`i9~e?dYIZ]\\9hb Z2} _&YcI^`YI_9\Idb } YI4jeZ]Yj^`Z]_ f9`Z Y
f-\4Z]^brZ]-_9Z ahY} j[dh~beI~[d Z]_9\9YI\b } YI_b } Y?dhf9^``^ [Z2be^d2_d2gZ2`
b } Y
>3
jdq i9^`_9+b \9} d2YZ]\L``4f-YIbbN} b YIb} ^`} Y
jYIYI^`jdh^`a jed2}IYIbr~_?r4~Z2^`dw_&j\IZ2YI~eb ~i9} 9jYgZ]a~NdY^4a dhi&}i99brbhjq Z]^d~e^`i9_9j
acb } Z2Y^jNf9i&~[Y[Z]4~i9dj_9 ~
=
R
\o99i9YI{~ejeq bf4 d^`^`hbPYgYI^`_ 9^`Z]} ~eYgZ2jo_&bZ\(} YCZ2 _9_9b }\9\CdjojeZhi9^\&I~qZ]^_&_9aw\-rdhYI_ChYb \} Y.v `d^`_9j\c\9jed]^rU Y} dhY` \9} ^`_9Z2_-abeZ~Z]b j} jei9^_-Y
}9i9q _9\9 jeYYIb\b Z]} Y ^`9`^Ybr~Nd2Z2~i&}jZZ2i&rZ2jZ]^`~l`^`YIa~cdwd]dhjbC} dZ]b^`b
-^jeCZ]I~dh?Z2_9\*Z]b _9} \lY q
B 73
\9&YI^`hbq } Z]~[yf--?}~Z]YIh^`_ \dhi b d } dh^`tjhZ9} +Z]_9~\9i9ah^`jejohjZ2Z9dhbei& ^ F_9 [\9Z2YIYIbbe\ ^db } _lfYcq Z]b~}i9djoZ2~Y~fF~ Yg} Z2--^``b`^`YI~L\d](dhjeb b } } Y
]
h &} qZ]ybe^9} d2YIjYti9}4Z2d_9_ \9^`jehdhZ& 2b d} ~Ybf4bYId-je\9j^ 4hd2- Y+YI-YIYI^
\9^`^`~_9~ei9aYI \FYIdhjjeIb Yc} Z]b _9} \ Y
9Z2~eq i9jv Z]~bYIZ]j_9^`\~~i&Z^_&aLYIjd-b }I^`Ydh~i&Y~djji&\9YYjj[~[+
.Ui9YI_-b f } dhZ&jeNb } b }wY?Z]b`bedhYIj_9\\9d2YIw\8b f-} Y r
3 4br `q|`Z2YI\_9-aYI^`Y_-d2^b_& da} ~YI4b j}Z]fFIZ2Ycb=d2fFrYI~brdb.~jeb^`Y_9YIba4_=Yq jb j} ^`f9YC`YY[Z]Z2jbje} Z] _9I\dhb?} ^YC_&~a4- t} ^`Z2b _&} \9b ^`}hZY
Ib }dh `YCq d9i9vjejYIYI_9~\Y\_9Ib YZ2} beZ2d2bb=YI.\^`-_-i9-d-^o_&-f I~[} ^` f9Zc`Y Z2_9dF\ 9}+Z]?^~ebei9^dj\lf bd}N`Z&Z]\~q Z]}^`hf4Z9Z2~e~d2Z](\9dh\4jZ]jbed
= 1
7
hZ2_9&\?q by } YIY`2dhb b} } Y
YIbrjw.Z2d ~ei9} jZ2Z]i9~ga }Z2br~eC~YIZ2~ei9f&jYZ]\~[2b -} i9YIjYCf } dhZ.jZ]f4_9Z]\ bbw`Yh^`q ~i9f } Z9
C^`9_9q ^`a_9ya4d2}hYZ]b j_9} YI\Ycd_ fFv YI} `rYIf&q j^h^`Zd_LZ]ahZ]_9\9^ 4Y(YI\Z2_b } YId-~IYwYIYje\9d^`Z]_9jah~
`^`b d} i9b \} YjdIZ]Z2j[_& a2 () ]
YI.h_[&doq jd2`\l bYI^}bY h _&d~\9i=Z]jIZCj^ ^d4~ f9}Ib^Z]Z]bcd^`_(dh^`b f9} YhYZ]q bb ^`} dhje_9YI~YCq .djd`i*\9~
ahZ2d_&\bed Yb
b } b Y} Y+_9\9YIYIb }hZ]YIj~
>3
b}{ Y&qYIjj+N~cf4d2Z2^`b ^r}r~YIbeb -j} ^`4_9Y?Z2aF_9~-d\&i9^^`_&d_9a_\*} Z2 YI_9} j\=i9 fFdhYIi&`Clb d2}f- YIj} ^` \9YIY.j+} YIZ2b`YI_&je\ jYI^ 44\`c`b^`_9}jedaY?Z2b je_9} ~[dhYq ^`~e-YIi4~cZ]d2jr
Si
<3 ? >3 2
f4hhd&Z2i9beq bj h`YhFPYIi9I~ b}dh^?q 4b Yc} dhjedh_ i9ab } } YI&_ljq ^`\9 YYd2bcF~bcjeYII_9Z2aob h} Z2`h~CdfFiSYZ]j~YZ2beZ2^_9Z2b-Y^`\dhi&~N^bd} j
>3
~Z2{hi&`{Njq jb d} wi9Y+_ _9\9dh} Yi9Y[\jZ2je~eb ^^`} _&\9YaYI~[`bq ^`}dh_lZ2bCNbje}dYZ2j+b YI} -Y^CYI _&tj}Z2aZ]YI_9\\9^`hZ2Zh~ei9CjZ]Z?_9f4\ Z]cbboZ2Z2``^
^`dhdh_9_ ~
Si
E)
=I i
f4Z2~Z2~eqN ~.} Z]^`\9Yh[dhZZ2jri9\9b ~e}i9YwYIbe_9^rb q} IZ2Yob dh+jb YI} -~^4} Z]Y9Ff4dhY[^`_-Z2b?YI\ Y.jeYI _9} d2^hZ _9YI\} ^`^`?_c~b YI} 4^`~
Z2~.dhZ]j`\
J
~{ Z2i&be9mY({jYI9b ?}q YY v YI\9_9b=YIYIhb?} Z]^`^`~[~YIc~cb d2} dYIje\9YYIYIh_-^`Z2~b~~e i9Z2YI_9\X\Cdh^`dh_9jjCa4b } b C} ^_YYI_9.dh\&jYd2\&.YIrj=f4YI\ Yb^d*_&a^`Z2b d]_9} $_&^b YI} } ^QY
? i Fi
?)
Id2YIwY\9^`j_9Z a} ^`Z&a
dhi9}j^`hZ]Z9_9 \*~ibej} YIZ9_&ahwb } ^`g~ } _-} i Z2-Z2b_&^`\~ j_9dh\9jZ&.b } Z]Y_9\fFd-\9^`^`b YI} ~
< d2\9hl&^`ahqb _4} yZ]Y b} ^`wdhdh~eY_YwZ]^Na_9j\=Y[dhZ].b$YZ]_~i&i9b_9jo ^`Z2[~[} Z2YIbedhjYIYc_\(cf-b } Z]YIbr^` j} Z4^hZ2Z]Z&je_9b[h^F~} bYIY[d-jeZ2Y d-je\l4^`_9q ``acYI\b } Yw^`b } dhj^`\&_-~
3
dhh{ jeZ2_4_&q Z2I?YI\=YI} _-bZ]d bb~YI4Z2a YI_9} jC\?b$hZ]Y ^~g} b }^b } b YY} 9Y(^`dh_Z2je~e b i9} jZ2d2Z]b.~[qhY[YIZ]je } \9dYjhZ9N} ^~w} Z]} bZ2YI-YIbj^lZ]} \-^`~ \I9 Z&qYIhhYZ]y~^`_9} 4~Yd_LZ2i9_9^`j\=_YI\ b~}F^YcY[_ Z]hjYI~[jejeq dh_-bfFYIdhah_^`_9b_&} ^_&Y a4+-bYI} -Yc^wYI~ }_9d2joZ2.ahYYj\=~d]d-(YI~Z2jd2jed2b } ~[Y
U
3
{[
9\9Z2-jo{ZYIq ~ v _} _9i9\fFje`d2`YI^`c\=a }fb~ ?`}-Y=Ib }IY^``b d2} q Yb } b Y } } dhi9~eYaYwZ2Z2jejjed2jd2~~
.~~e}4dhYbZ2j~jdh \4Z]} jYIb~=jZ2i9_9`Q\ } &YIjcq v b } _9i9\_9\9Z]aYIjZ]^fF_dh `b} YI} _ ^`~c} ^`f9~ `d-} dYZ2\ \4d2Z2~YI\.dZ2i9_&_9\ \9Yb \} YIfjeYojeb dh} YZ2`-YIjd2Y
f4dj_=FYIj~edh_9~+^_?b } di9~Z]_9\9~q 9I
^`b _9} &aLYIq yb } } YYI^`_lYIb }_&-YI^`}_YIj^`jYId~~c_--beb
i9d`d2 &be}^dhY^`9I FYI~YI\=-i9~^`bob }Z f
}} q YZhj(2~e~4boY[Z2Z]`hjYI\?Z2_9c\ Z2`^rj2i99~ }^`YI^`j_9ma
v &^`_9q\9.je^NZ]f4^`~Y_4Z2Zb-b^
} ~eZ2bjbi&`dh je\} d]^"Z]~i9^`job }Z2~} YI^`jb }=\9^`} ~YIi9j+~(I`^`i9_ flbq } Yf4Z2beb`Yh
$#
Z2~e i9q jZ]~y} Y} ddhjeYI\XjeYd]Z2 ~} ^`4~YIje~ehbZ2Z2be\9i9Yj\ YLf-Z]X_9\b } d} i9d~Z]je_9dh\9~e~Yi&d2ajjdhY[Z] b
bh} &^`YgqYI~vfFZ2_9YIbe\=jYIYmj.bjojZ d2dh} l =hZ]} Z2YI_9dj^ri92j
c Z2Z2} _9=YI\jZ2YI&_9j\4YId2jwZ]`~ ilYI} ~q YC~f-d2~9YI\lje^_&`Z2^`_9\&aCYdhb }_YCb }YI_9YIYm bI}i9YC~f9d]`d-d-Z2\^`~b _4} ZZ]-b ^r4q d2YI\jedh } ^ } YI_=I`d2hYI_?f-b } YC\9^`~r
-I
} YI^`jbq }=byje} }^`\9YIYwjlYI_-hYb[Zj9hZ]YI`_9^`\_ljqZ2.b Z2} ^`~ei9_4NZL-^Z ]} YI^~ b } }h}Z]jYI^Fj~\9`YI^`~Ii&b ~$} Y+Z]_9\4\Z2^`cbr-Z2Z2i&~
Z2^`bje}^r ~F&Y[q
Z2cjZ2.i9=Z2joZ2Z je} ^4^~ebj^`i&b } } b YI} jcYc~ajdhY[jeZ]\lbg
Z]Z2~i9_&jo\ ZLWwZ Z2} -YIbo~eZ2hf9Z2^ IjZ^^`^`bb }}=}} YIYIjj
bje^\&YI_-b[q
i9dhh_&Fqdhb _y } dYb j} Y[_YIZ2bjedb } 9} ^`^`i&YI_ IjYI`} YI~i9\ _9f-f-\9jeb YI} \9v Y+~[^`P_9b } ~\&bei9jj_9^rY[l\9Z]\FYjZ2fF~+^`brdhd2`Z].b.~f9 `Z]}d-_9^d-\ \ } \44IZ2dd2_4Z^`hY_9Z]\9a?~+d2dhYIi9`_ b
I `&qji9Z]flb q } v P_&~\ beji9W+oZ2 -bYIZ]f9YI^jIZ9dh_9b Y?} Z]d2bbah} jeY=Y[Z2Lb=Z2Z2be~ji&~cjZ~eYIZ]h`YI~jod4Z2 ``4``YI\^`b } ^} b ^`} ~ [3
d2b } Yq 7I
f9d2h&`d2}qY j~
} bed]Z2i9 be~b} cYIYjeZ]j.YI_9\L~e\c_9f-dhbi9dbjb _c-} .YCf-d fFi9d} _9Z]YI\9jrjY\9\dh^`je~e^I_i9YIb ~[}\&YIah^`b j
d-} \9Y$}\9Z]YIY~~e~i9b~cjo~Z2f-~ Z2jb YIZ } `}hY+^\&r4d2d^`^b_-_l} b q \49j{Z2djeq b~C&} jZ2^`dh*_9 \= dhb } b } Y} Y_ YIj+~e} b.Y
jYjeY[Z2YIZ]I4YId^`h_9d]Yg~[\( f9} `i9d-i9d-_9`\\9beje^&YI \9}YN~C^` d2} dh.i&Z2_9YI~e`\9i9.~NjdZ]f-_~ww[bb Z]}} Y
Y~YCY[FZ]^`Y[_-jZ]b bj} d ~[
UO
f4Y^_&a4q
-
}ahhje&YIY[jq Z2gjbwdZ2Z]Z]jo~ji9Z2~~ejoNZ2j~+d-^ }Z2bdh^r jeY4_=\``f^Z2_&fFaS} dhZ]YIi9jwb+PI^`b _} ZYb } ~-Y(q i4Z2fFjeZ2bbYIbeje`~cYhNZ2_9\9\=YIbdh} i9Y(je^`~e_9a==dhb } ^`b YI} j
.3
d2^` _g&beq YIW+_9Z2v ~e-YI_9`b\Z]f9Z2b^ I} Z]Z?dj~4YYIYjeZ]\h~Z2Z2i9\9bjoYZ2b \ ~} ^bb ~}} q Z2Y=b } YIdhj`YLYfFdhdhjeje_ \
jdb } Yb \&} YIYhZ2f9~`dahd-d\ b
8'
&
bb }} YYIq Z2+~e i9YI}jZ]d d~j} Z]Z2YI\^``~e+YI\9\Z2d2``f-YI__\&b dh} d2_Y=_lb-} q^`dhY`YIY[_-Z2b(jeb } Z]+i9a ~ }} bYYj(b } d]YI_* \9} YI^`hZ]dh\9i9i9jeYIb\^r
' ~hZ]^`^b \?} bb qld} -^`c~.YYIZ2?^``_9^rdh aci9bb }} Yt-\9} i9YIZ]^`h-Z2`i9~_9\9\4bYZ]oZ&hYI2YCdhbF^`YI_\lYI_= b } tdhYC}i9\9bZ2_&jhd\9d9^`i9h~jZwd2Z]f9dhi9i&`a db } d-} Y\?\SahZ]^`YI\9_9_-Y \
_) '
hZ2~e&i9qjUZ]YI~.YIb ^`_9} i9aC~b } f-YYh_9Z2jjZ]^`dahi9YI\~
f4Z]Y_9Z2\_9~d2hNb L} YwZ2bebejjd-~
dhI9jei9~~ d]} l^_&b }acYCb } YIY_&YIajY[^`Z]YIb~ YIZ2j~eZ]i9bjYIZ]\ ~f4f-dj_=b } d2Yf&b } d2Yc \&d2jdh&~=d2.f&Y[Z]d-4d-d\=_d2
Z2_9Ww\Z2-Z]boZ2`~f9d^ I+Z&b q } YajY[Z]b
d2\9YIhZ]~bd-dh?bdb } YI^`j } YIYI`~[q ? hZ2~e&i9q jZ]W~wd-b Z2} Z2bCZ]~f49djei9^`_9b
a^`_jeb dh} Y+f4} Z2^`beb`qwYo U4dYI`\l~ } -Z2\9`Ylhb dh} i&^`~wj^`\4_9Z]ac^brb -} Z9Yw&ajY[^bZ]} b
s3
Z2~ei9jZd] } ^`~~ebZ2bei9jYq yh&} q YIy_L} Z2Y_&_\b } Z]YI`^4jeY \9jo} Z2YC_9~bejWwi9Z]o- bZ2tf&} ^ Z2Z _&\9~^`f9h`Zcdd-\^`b }?^`}b }^`~} IYI`i9j.fl?q dhi9b } q
^`_ &q} ^y~ } } Y.Z]_9aj\ Y[Z]b b} Z]Y~_ i9vjoZ+^`_9d\9i9je^4a }Z2`bl~dC^`~eb b} ji& _9\&jW+Z Z2~_9~-} boZ2Z2-f9b^ I^9Z^`b ^}b }(I`} i9YIf j
~f9 ``^`d-ad} 9q\ bY~4b=yd24} YIZ2Y=\*^`_lf9q`d2dh 9v ^`dh_9d2i&\ ~`} j^~?d b I} `i9YI} jfY^`~[t~eZ2b}i&je~Z2^YIo\ YIi9_}_9YI\FfFjZLd-_9\9~ed$*bZ]YI`hd2} YY_*jYIYI\b} YI^`Yjb
b } i9_&\9YIjfFdh`bq (' .
&Z2q~w`dhd-i&d_9\ \9YIF\d2.f-YI\ b } -Yci9^`b o} -i&`_9\9Z2YI_9je\ f4d&bjqd29i9je~dhYI` b j} dY f9`} d-^`d- \Ljd} ~dY
%I N
I
Z2~e^`i9b }LjZ]}~Y jc} d di9~e9b }jZ]q _9ya*} i9Y t} jeZ2dh6i9_&b } \4Y Z4\9d2YI"dhi9d2jeYI\ f9`bd} d-d\*~Y^`_ aj}Y[Z]YIjb
i9 `jYI~ } rIdf4Z2boZ2_-b~d] } ^`~dj Z]_9\=hZ2`dhi&j[q <O
di9b } Z2_9\=\9joZ2_9 } ^`~cWwZ]-bZ2f&^ Z ~.f9`d-d-\lq %I
hZ2`di9j[q b.9} {Yi9q__9by\&d} YI_YjfF\9+dhje`YI^`b[_9-2-^.Z]^j_&jad2Z]} i9~^`~~^`-~fF^d-dhdh~jN?\&q ~[dh2bZ2Yc_9W+\CZ2~e4-bY[Z]Z]f9j~^ I2ZC } ^`YIb _ }=t} } YIZ2j+\4i9Z2je_9b[\F Z
6
} d&i9i9qja `^`} v_9ba_9b \b} } YIbYCje} YcdYI~jY^`?b F} YIdbjej} ~dhY_&^`\4~Z]Z2Z2f9b``je~Y.~wd^`~_Y[9Z]jeZ4i9d?_9_9adh~[jeq i9Yw \9jejY[dhZ2\-i9} N^`~f9Z]_9`d-_9dYI\ j
b } &YCql-ajbY[je^`Z]bwYIZ2_~i&jZ=^`b } W+ZCZ2-bi9Z]`f9b^^`IbZhi&\9Y
YId2`Nld_Y[Z]b } 4Ycd_9ah~.jedhZ2i9_&_9\\Pf9 `Xdd-C\9`^`YI_9~ea4~[q )
{
y^`_-} bd2YC-f4^`[Z]Z2_9be\=YI\d2^`b } Z2bf9je~`d- d-}\ldq ~9joZ2_9ajedhb } YI \4Z2_&IYh-fFYI^`_9a I`Yobf-b } Ycbje^\&YI_-bd2b } Y +YI-^r-^`b$Z]~edbi9je_9YI\=bdZ]~ } Y~[q 6
ubZ]Yf9j^ YIZ YI_9d2\& ~
wb } YYY^r^a } Z b } } Z2 be} (Z2-9ZbeYI^j
_[Z]`Z2YIj\ hZ]y_9\9} YIY--ZrZ9i9^`_9joZ2a+_4d2Z& NW+\9Z2i9j
7 {[&^`bq } yf4} Z]Yb_bebYm}Z]Y +YYI^_ -^ } Z]Z]~_9~o\lZ2^`2`Z2YI\_9\b } Z2Y ^`\} Y} j^`dhX^`+`\4d2 Z2_4dhZ_chZb } Z2Y\9ahhjeZ]dh_9i9I_9^`_9\Pa q
n
^`_9ab } YcFYIje^d-\=d2
9ZhZ2je_9^rhb } Y(LZ]_-ilq bZ2{[d_9&\?q b } ~Ycbej}ahd-YIje\9dh_ YCi9} _&d^`\l~wjlf9Z2je-dhjei9\b } beYIfd(j } ~e+ZZ
^~eai9dhv bf ^`_-}f&Z^i&hjd]Z&^.qZ2bebYIY\jj^^`4_=b }&Yjd2YI-YIb~j~CYYIYh`
H
< >3
b9} q YIz _L_9jji&Z]~ah} YIYI\\dh_Cdh~jeYI$YZ]^_&j\a }^`^`~Nb }ahjebY[} Z2YCbZ2 je} ^`Yo.~edhZ]jei9IYIa ~w} bed]YIjYIb }\PY( wZ2~e^`~i9i&jZ]~[f q } Z P
\9_9&d2dh^`q ~eY_4yZ]}`Z24YI_9b_8\=} Yc~eb9jZ]i&je`YI^-=^~db9i9} je~YC^_&~Y[ahdZ2^`i9_9jeb_9a} \9i&~^`b YI} Z2jeYcjef4\9d\9~=bj}=d2^`_} _&YIb YIj } \lY} q Z2~e_&-\9~ -f-[Z]^`beY~
ah~9jeq ZY[ Z2_bCb }Z2jY ~edhi9_-+jbZ]YId2~[-9^rq Y} _9^`jZ]ahfFYIY \} ^`Z]_9_9\ \=} f9^`^`b^`_9Z2a_9\?b } dhY_^j+fF`dh^&b }~[9~eZ2^\&\&YIh~.Z2_9d]I Y} \L^`bd
'
jj dZ]q i9ahYh_9-F\9i&ZY\lbef YI}j ZL4^`b a Z]}} ~ebe}d4^`_9^`~ca(?d2^a ^`_b } } brbebj}d-^`_Y(dh&Lh~cZ2Z2b`bedhdLji9~~ejq lZYIt_-}bZ2_&d\9j^`hZ2Zj\P^`_~b i9} j^`~
I
-3
\9.YIYChq Z]v-~g^`~ I~ebvbdZ]jb^`^`dhf&dhi9_9^h~ YZ`\q ~Z]^`_L^`\lb } Y~YI--L^r _4} Z2YIbeYi9jYIjY\ \(} dYI_9jcYh2~e^`bb dh} Pb2} ~beY(dh `dhjeb \9} ~[Y
_) (
dh9_q } dFdhyI_9}`Y?^`YIh_Y~^`br\9I.Y=dhd?Z2b _9} \ i9YI_9_&dh\9I_YIYI\jb } ~eY=YIdhi9dhY\9b j} ~YLYI[j[joIZ2d^`-_9i9YIf4\Z2bZf } f4ZYIdhbr~eZ]b4_9YIbe\YIYI_ +bF^`} ~YIi9Y ~ebi9+f dYI} i9-Z~ ^
$
^`hb.&Z]q ~Z2~y~d2} I Ycdh4?~jFY^`Y[_94Z2ac j Z2} `^dh Z]_9} aFUh^`_9i9&ai9bf }dhdhi9Z~ebb.Z2f-be9YI&jjjeZd^`f9Z]ah` je} Y[^`Z2Z]_9b _9a \L4}j~Yi9} f9j^`j`_9YIZ]^`\L_9_9\aZ2``^~j4dhYcZ] Z ~
& I
~ } d2.YIjd].Z2jjed2~dh_ } YIj[q 3
b } Y +YI-^Iq
Zd22{
je&qjZ2d2~ei9t~+j} Z]~ Z2~w} _9ddh\9bg_?^`hf-b Z=?} Yb ^}j+^`b Y`} ^br._-f&i9d=~Z2Y~e^`ji9b dhj}i&Z]~S~g} YIZ2Z]jw_&jj=\Ld2Z2~?~~ ~dh-d2bi9
YC^`.ob -}Y`Z2Y( Fbrdh~9_9d`~^`q b(`db j}\9Y~
R3
<
hIhZ2&Z2\9q Yy\g}f-d2YCb -^`}_i9YbeYI+jf ~eYI4} -Z2Z ^
~9Y~e`^fFdYI_-dbrrb } ^`YIYIYIYNje_YIj\=db Z]}b j[} YZ]f9bb[i9} bPjXYIb Y=} CY^`\9_9dhja4jY[`q Z]\9\-~i9$Z]b ~c} i94_9Yjr\& YIjr
E
~b{h}} {^Y q Y} \P+Y[NZ2^`~~\li9beq ji9of } Z9b } Yahjo`Z2^d~e9_l^`F_9b a} YZLah~ je} Y[Z2Z2jeb*[Z2~jejdh^`YIjejC\*d2Z2_9b \*} Y Z+~ }YI-^`_9^
^`_9dh_a
K
6 )
bZ2{[} \&&Yhq Z2Z2_9~eIi9} YjY\Z _ be} }d2i&$^`~wjZ]`YI~ j}\\9^`~ YI} `} ^`\L~cYIj[$~e&4Z]$Y[~wZ]Z]~ej~^`~bw9Z2Z]_9`^`_9\ b.\ ^`b _-}} b^`Z2d~wbcbr~e?.dd^`~jf~\L^` `Y(be} d-Z]YIdj~ef9d4\9je^`dh~eZ2Ih~ci9Y_l~[^`bq
~\9{ YYI^ jeqYIYI\L\y} ZYI^`b_\4} Z]b jZ} b Y=lf9Z2`\4d2_9Z]*\_4d2Zb h} Z Z2} bgY+j Z]^`4~e~i9~d4bNq Z]f ~g} Z&^`b+[~Z2?YI`Yh`^F_&b aL} Y ^`+b } YI-^joFZ2d2b }
U
/
7 E
ZC&q-v j_9^Z2\\b Z2} jeYc\4~Z2h_-Id2i[ZYIrjYd\ j\lt&} b Z2} _9Y\9~^`dh_LZCd2 ^`b w} ^`be^&-9j^i9Z2be\b^`\9_9^`a~i9dh~jYIb ~} q
D/ $' E
-3
{[&q y} YI_f9jZ]_9\9^`~ } ^`_9a } ^`~li&fl } Y 4i9_9a^`blZ2a-Z2^`_9~eb t} Z2_9\&^hZ
[I K'
{[
9Z2_&{\q yZ }YI^`_LIb^`dh} _&Z2~[a-
ZfFhYIZ2[bZ]^ +YLi9jZ2a-_&Z9ahFjb } YZ2_9\9\YI~eb~eje9d2`^hbYIjCb } d2dh~e\9YL^ \9^`I~i9i9`b~^`YIYI~~
>c y} Y +YI-^N~Z2^`\l
<
Z2_&\b } dh~eYcZ2jjed2~^`b }=} YIj+d2_Z2jejd2~q f4Y9~^`q \9YI ~CZ] Y Z2`NUZ2YI`Yhdh_&|Yw^`_-^`b`YC} YCdh_9.Yhdjb`\} YI} ~eYY jYhq d-\9\9} YIdc~e~YIYI`~~eNYg ^`~} bdL} Z2YIjjeYY
- R
}} &dYIj~q b[q &y~} Y^jbeYIi9F~edhYI_ ^ I^`w_9a ^`~}i&^`~f I}`i9Z9fl&~eji9i9j~ je} dhYIi9\_9\&Z]YIb \ t}f-*Z2_&b\9} ^`hY Zc\4beZ2d^`br~-`Z f9i9bd2_Fd2.Yj~[&YI_-bYIje^`_9a^`_-bd(d2_=~eYI
$ () 1
Y
^`9_q by} } YgYIfF_Sd-Z]\9`b d]}
dh~eb Yh} 2Y +jZ YI}-^rq Z]v _9^9Z2f9_9^`h\cZCb }Z2`Ydhj_&YIYw~eb[b } .YI_LYIjejYwYZ2f9Z2~e^`dh_9jeYf4\lYIq\
/
IhZ`&i9\4q fZ]jv b[~q ^`b } }LY} YjcZ2~.~ } mi9Z]j~-bcrjeYIi9\9~ a} YI^\ _&a~Z2dhb je}\ YIljZ] _9t\ } } Z2YI_&jC\9^`bhd-Zdh dh} `hdhY`\L} d2^`~
<
y} Y +YI-^N~Z2^`\l
<
4_9 d2d2qwYIj } y~YIbj} Z]YY=_9\L_-i9b Z2} `dhdY_&~jY Yhdhqi&} .~cZYhYLd~jbfF?YYIZ2~cYI\-_8 Z]}~b^`^` b^`} _=} \&IjdhZ9jd[fF_*mZ2YIb[f-Iq bY\*f-YhZ]_9\
('
0
^`} _9Y[aZ]q jv b+^~ b }w^b ^`b} ~e} i9YcZ\F~ef Z2} j^QZ&bb[`^`b_ } }Yw} i9Z]Z j_9`\lYI^`\= Itbe\4dh} Z]jZ]jd2b[_9Nq \9b ^`} hYwZc\9&YI^hYjZ]I~[YI2\ }Z2~^`Z2\9^`h_Z]b _9} oY
= $
bhZ2} _&&Y\q \4h9Z2Z]jeje`dhb[dh Pi9j^~e}h~YI^`i9~-YI\ wZ]^^`dh?~jei&b^`_9} af Z2} _9Z2Z dbb ~o}b } YI}YjY[+4Z]YIjYIbje-~^db } _Z]-b(d2bedhlahZ2jq ~YZ29bc^`YI~ejbjYIY\*_9ahf-b }
NO t
6 H
b`d} Id{Y h&qYI+\?yYI-dh} ^w_lYI_=qZ2_&fF\ YIa-Z]i9_Zf \9} jZ9Y[Z] \-} i9^`N`YfFZ2Z]b`.be`bYw} fFY=YIbr\9.YIhYYIZ2_=~bZ]} _9YI\ Z]f4~i9djob Z2} ~
}hYI&^``Nq beyd } b Y} } _LdLYCb ^`ah} ~je~eY dhi9i9wYI_&\ Y\lq ^rdh-jb Z2} i&Pa } ^`^_9b } a}Z2`YIdhji&~\l-dh~jeYI\lYIq jYy\} bYI} jeYIY i9} FY[dhZ]_ \L} d2Y
{hjj{^`^`aa q }} bbeYIi9_9^NbYI} \L?~Z]^~e} ~Fd2^``bYI} ~[YIYcje&~f4.dd2dbgj} `\9Z]YIj~je_9q d2a-Z2~[ah
Y\ ^`Z]b a} Z2^`~ _=} Z2^`_jZY[dhZ2Ff4dhZ]_&b~Sb Z]} _9Z]\ b
U
}\9h&YIZ]\q dhyIi9je} jei9YIYw~\L}`^`Yddh\b_} b YI} je^`~[YIb }_?q }\9^`YI~ 4dhi9YjjeIYIYC\bb Y} YIdhb ~e} YFZ]Z2~_9i9\joZ2c~Z] ^N} Z2dh_&~e\Yw_9-Y^`h-Z2\&~ i9} bY ^
=3
b{ } &} Z]q ^`b. y}LjeYI} v9YIi9_`~ef9b YI} ^`\hYZb `} dh\9YIje^`~e\ } qd]Z2.j\4aZ2YI\^`br-^`Z2_ ~C} f9i9j_9d\9hjeYYI\9b } ~Y\&^^-b } ^`_9YY[Z]^`4~~ed^`_9Y~~[
f-- C`^qc_&b ac} -Y
dhd2?~e4YcYbZ2ah} jjeYC^Y[4Z2$cbcZ]Z2Z]bi9YI~ji9=jo9Z2Z2i9~Cjje^r^q4FY+YIj\=b^`~} }fYYj\l~b .} f4YwYjY^`Y^_9_&jaYIZ29_-9i&b^`Z]YI~ejebYII^`\dhYI_?\ fd2b l} j~dh9ji&jeZ ^a }_U}
S)
(
h{[} Z2&jeZ2q ^.je*ah9YI^`\lZb q} 4i9Y``jIYcf9~j}dhdhY=i&b.b d]} Y} YIi&- IYI`Z]`_9YI_-\bb } Yw^`~`^`~eh^`YhYI~b }b } Y Z2x b Z2} jZ]Y=\9YI^`~r~
3
Z]_9^rq d3
hhjeZ2&dhjeq ^ lwb~eb dh} } YcYIje~Y~C_&dhYIi9YI`jbrY?-d]94^`YId2.jZ]\9YIjZ\Y} jYIf-^\q LdhZ_bjeb ^`} \9Y?YI_-ahbCjdi9^_9Y\ \&YIf-\=Lfb L} YLf9Z `} d2YI~~
)
4'
Z2Z2{ jejejjq d2d2y~[~[} q YI_Z2_9b \ } Yb } Z]Y ~i9wjoZYI^d2^`_ YIjYI\ jZ2b b } } Y ~+9YI`^`-b ^} ^~^b }fFd2} i9_&\9^`jb YI} \&~c} YId2j
%
5
d2c&q .Z]-^`~dh_4?Z-Y^r
\FZ2Z2_9_4\ZhdZ]b~L} .YIjeY~LjYZ2aZ]i9^`b_bef-d*9b ^`} YIYLIYb ~ } i9f_&8\9YIb j} fFYdh`\9b?^`~\9^`i9~r~ b{[d-~e&4dhq Y[vZ]ji9_9+ \=Z2}`~^`d} ~(YI^`~e_=_4bY[b }}Z]j[Yc^~ q fF} d2Z2_9^\lb } q Z2~ZL~e\&9^`~e^Ibi9b ~}
Ycb }`dhY j\=+d]YI-^b } ~Yc9`\4^`bZ2^`b br}-Z]Z2b~
N u
ud2 YwjYYYI_9^-\9=~PZ b } } Z]Y
b_&^_-bZ} ^`_( } LZ2&Z]bjYIhjZ]_9[Z]\9YI`-YI\ Zr9b }i9YjZ]U_4ZZ-\&^`i9_9ja^`_9d2a+wb } ^`~Yi94Ymf } Z
E H:
~~{[} &^`qdhYIje`\=\i9Z2~b(~^`b f9Z]} ~je^~ a} } } YZ2bwjeZ2Z2~~CZ2b je}jji9d2Yg~~e} dh~^`_9~Z2a} jdhjobdhZj-j~[dZ2q je\l} YItj+} f4Z]d2_9c\9^`FhZ2Z~w~Z2&`~e^`d b }} ^`^`~~
S
j^`d-\=d2
9ZhZ2je_9^rhb } Y(LZ]_iPq
y} Yct-uwZ-vC^x_&a(ywzd]W|-i9{ f } Z (
Zf4{ Y ^q }_&*Z2a(jeje^^`dbY[}bZ2YI\9}Y=j[^`~Nbebd(~}beYI-Y(YI^``\9\F ~+Z2v ^`~brZ2Zf9^`_l^`b h} Z9YIq _^`b }=ahj} Z]^`~~Ff4YI\d28} ^`f9~+jbdYIhjeYIj_P^`f9-`Y(^=b } Z2dhIi&Yb
y} YcW^`~ } ^N~Z]^\P
bZ2{od _&9ah} q?j^`^` `-YIZ2YI~~^`Z]_9^`} a\l^`~
q } `^^~Yhf92+jZ]di9_9bj\ }a-YIZ} j ^`~.w}Z2^`jed~ei9Z2CjeYcff4}9YI^`Zi _9NaC~YIZ2~e\L^`Z]_li9i9P=a } }be^`YId=b j[} -$-9Z]i9je~c^`\9\9Ycf Y[} Z]d2Zj
<
j{[i9&} ~ q d} *YI\LZ2^`b~e~C}je^i9~ }b~ `}Z]j^`_9Z2a=b Z2}Z2jejbYId2j}q YI~jNq ~ }z YYI~e_9`b^`bg} YIb _P} lYjoZ2^`Z2~^`_9Y(a d]} $^`-~ i94~eb[f } } Z9Y 3
~YIbe-jIYIYI_&Yah\9b ^`} _9ah9`\9 d_ } Z2b
i9~ a } } d2br -hhdhdi&ilj.
9jejeYI^`\9~dYjbe ^} _&YIa jeY[bId q yb } } Ydhi&~eabje} YI_9hahdbi} Z]jd2Y d2dhl_&qb } } y^`Y ~} + Y(} YI\4YI-~Z]^rb^`qbrZ]_9Z\r-b ^`}_9Yac+f9jeYIdh-i9^la Z]} b~edc} ^`~ ^`b 4}~ebw} Y\9jd24Z2_`|dh_L~?b } dhY bY } Y[} Z]^jb
H_)B #
( 3
{[
9YI{`Nq dy_} bY} \4YCZ2Y[^`Z2br-jebZ} r&^`f9_9i9aFbh^`dh?i&_9YI\9\9YI^\Z2beYIf-` b } } YCY(jf9d`~d2Yc8i&d2 Z]} aYIZ]jC^_P4q Z2`
.bZ2} _-dYbj~`i&\lh_9fFq+^`Ywh.YIaYjej~Z]ahYhIjoq ^`Z2dhIi9^`d~dhqli9i~[Z]YCjYh9 j=d9d^`b +b} ^`dhYIY-i9jg^~d]P .bX} b } Y=Y(jdi&i9b _&} Y^YIjcjYId2d2jg~elYhZ]b q } Ywx b j} dhZ]} bebcYIdhI`^`Yb~
S)
)
^`_-d&bi9qdCa U} b YI}b^ YI^`~_9^-b aC}=-bq }} y^`Y } +YIq jYIYC-^rZ2 `}~d Yt~e9} jZ2Z]_9_9\&ac^hi9Z&Z2_9^\b } dhi&dbi9Z]_-_-bYIc\~i9dh_&4} d^`ja b[} d2-^`_9acZ2_9\=i9_&d2-^`_9a4q 2 =)l
/ H
hdq i~i&dhf9i ~^`Z2~jeb+Y^`_b } b Y?} YC~dh`dYj ~ei9f9d2~bebj} Z]Ycbi9Y Z2jb d]} $qb }.Y?hddhilje`9\l N}fFdYI[YZ2i&^`~~eY b
% 2
_9bhZ]&YIIq b[YI&yjC } f4}YIYm_^` dh} b je} YhYNje\4dh^`Z2i9b ^`a} br}-Y[b.Z=Z]~ei9-} ji99dhjeb ^`} f ~YIY} j+Zhb^d_Z2b _9b} } \Y(YcUt~e^-}\&LZ2\ _9} ^`\&_Z2^~whZ ZZ]I_9`\dhdhi9~e~oYca Z2} aIbYIdh4~[_UqZ
^`+_LYIb-} ^NYd2~ } ^`_-Z2-F^`Y(dhd]Z2.f9`$YZ]hbZ]YIjdli9Z2j `Pb } ^`~(i9_9^`hYj~YC^`~wahjoZ2be^ FYI\l
d3 ()
9q dhi dZ2jeigYZ]bj}Y
Yb } &Y
jF^`d2.YIhYIZ]jNld]=9wZ^`~ Z9} &_- il}2Z]^` _9} \ ^} ~CZb h} YYYI_9~edh\&i9Yje~I~Yhd2Z2`dhb i&} j[Y q
hZ2Z2jedhjeq i9_&v \d_9Z]f9a_9^`h\ beZ^`4b i9} Y=_9YIa _l
}^`b ^`Z}*b}YI\9j^`d2[Z2._=je`j^d-be_^`YI_9\ b aL} }YCd^`_ Y[ Z2Z=jebi9I} l`q d+~Y } F^`a j}`YIbc\ dh} j(^` Z
= 2
E3
\I
2
i9Z2_c_9^`^`h``Yi9j~~^`Y dh_lf-q hdh+iYIZ2-`^9q b } 4^`~wdhici&_9fF^`YIhIYIdje~Y[Y ah} jZ2Z]~If4^`dhYIi9Y~_2bh} djicd2fFYI_Idh^`_-?bdY
.'
Y[bhdZ]&jq -b }P^```Z]i9t_9_9\c} aZ2job _9Z2} \9^`i9~^`^`~h_9-Z&a b q } } YC^`~ YIF-~^`b[ _F} Z2Z]b~i&bj^`YI`C\ ji9U~ i9} YI\f }dZjljeZ2Y[jeZ2\c } \9^`YI_9~ea^jeb^`_9} aY b } YC[Z]i9~Yd2 F_4Z2NYI=Z2_9^FZ2b^`d_^_=b } ^`~.dj`\lq
S)0
]O (3
^`9Z2_L`q dhb _&v} YhY`wlb `dh} dhjeYj\9`\l~w=Z2dYIjeb_9Yc} \9hYId2jdci9YIjwb \} Z2^`~e~L4^YIb.} db~jh`Z2\8je^`dh^w~ i9Y~c4`^Z2`&YIbeb\l~jedq ^f&Z]i9jbY(YI} ~Z]qcZ2`Nb.9LdjZ]h^dYI~ei_ Y
(3
@ 6)Y 4'
b}h} &^`Y qc+-\9YIYId2YI-^`^r_9_=Na=9d^`b _YI} jeZ2b I}b+^`_9Yca dY[jZ2} \je^`b d2} $q dZ]_`lb b } } Y(Y( \4} Z]Y^`~brbcZ^`db } =ZZ29\F&Z2jjdbNZ]b }} ^`j_9YIa4
X [Z2Z2_9_\ b ~e} YIYIIjdY?_9\4f4Z2Yje djCYI-h9dhjiY~~^`d} _djZ]YjaYZ2d]je\9.^`b _9} aY?_4dhZ2fhbeoi9YIjYb~d].$d&jjb ^`} Z]jd2
\3 v
9jZ]^`~Y
dh^`h~_&Z2q _&b x } \9^`Y=~wYIjeaZ2I_9jYIdh\\?i&f-_9C\ldb i9} ~_-Y} bZ2Z]4^`-d_9^^`_&~_q abeYI\cb } \4Y=Z]jYIb_-bd2^`FjY=b } Y[Y Z]+jb YI} -^ } ^`Yb } YI`^`-b~`^Q~YIY`YIZ2~~[~
?
\ 9Z2`q f4YI^`} _9YIa_~[hb dh} i Y } +ZYI-Y(^(fFYIb YI} _ Y=Y Z2Ni&i9\9`YIah\YI_-Z2b~Cdb _9} Y[YYI$Z]_9fF\d\&f4^?Y~YIb_-d2bYId2j
d2YI-wIb YI} ``YYI_-YIb[_&od2[-Z2_=9YI_-joZ2bc^`~Z2YC_9\ hd`i ^fFYIjoZ2b^`d_ll } Z2b.dj\9~ } d2YIhYj
U C#
h~-Y ?jq ~Y+ahjf4Y} YYI[_Z2I?`bY[} YZ]Z2j[} bCq Z]YI9--^`(Qr_4Z2_&Z]b\i9jjeYIYIa-\ Z2^`_9Z2YI~e\i9jFZYIwjrYIZ2Ib~C4~eY[Z]Z]^`I_lYhF-b Z2} _9Y\i9b _9} ^Y <
]O
fFh&YI} [q YIZ2_P?Z2Y
-?bi9jo^`Z2_9_ af -} 4i9Zd^`
jr2beYIZ2_-Z2_9br~\rI~eb `b} dhjeY.^i9o\9je^~YI_=bYI} j\9~Z2d2bYI._=9Ybjb Yw} YI^`^`_bje}YhYI^`q _c-^`b\9} YIYI_&^`IjYwIdhfFi9Yojed~YIjY~ f4Y~bd28YI_[md2?YI_-b$Z]_9\`^`fFYIjZ]b^`dh_lq
f99dhjq je^`_99aCZ2d2`Z2i9fFbodhZ2i9b^`^`bP_-di9 _c} bYf4Z2~[_9Y+FabY.dc^`d_cdhb ilYI} _- ^`_9b~wah~gZ]2_9Z2Z2\ jo_9Z\ dhbZ]} } _9ZYI^rhjc Y+*\&^b -} dh^`i9~i^`~
dP_9b~w} } dFd]Y.h$F^`_bed2^?.b } YYhY j
- .), )
(
d2~ c&qYI\9YIYbeh`}Z2q ~YI_ fF}YI[Y Z]} Z2YL\?d2f4YYIYIj_Lmd2~hZ]YI\l^_P-Z]b _9} \YCb } ^`_9Y \&~
Z2d2_&
\ Z2}`4Z2b je} hYCZ2~f4Z2~oZ2_&_9\9a ~ 1
bd\9YI~ebjd2=b } YCi9_9^`hYIje~Yhq
. S)
d2~9i&{m__ -fF9?YIq [+ Z2} ?b }~wYwY\Fj~Z2YI_9~jdIYi9\ f9_9je\9^``YI^`\?^Z2YI_-b b} ^`2~YIbYC^`}jlrYC^`Z_9h~o~dhZ2beIi&jjei9jYIZ2?\ f&YI4_-YjbYI~o~I^2_&f&Z2\9_9Z ~C\CIf9YIb \?`} YIY
4Y[f4lZ]Z]b I_9} Yo\9Y ~
(' <'
bYI{ }h&qYYjahd-9dd-Z2fh\`i9od2YIboIlZ2bbZ29^``d-b _L} ahYcd-f4d-ahY\l^`be dLYI*j.hd]Z]d
i9i ~j9Yo^`i&I^`ahCdYhi9Z2 ~joXZ+bZ2YI} -_&j^r^YI[ Yc }YhdYIdhZ]\ iII dZ2} i9d9je^ `Z2^`~ je} Y
)
&)
?
)
8)
1 ;
^`b{[_} &Yq b }dh9Y jeZ]}`i9Y[bd2ZZ]lhbYI^`_&dhj_?Z } f4 Yc} Z]beZ]d_9j^`^rdh bdhilh+dhYIYI-\ C^r-Z2 jo^`}Zb d(} Z2~e_&~e9$^j ^`Z]_9_9-~`YwdhZ2i=_&\ Z2 beZ2YI} j~ed~i9je?^`^\9b } YY
bdh{o} fh9YmqYI+Ib?YI-} ^ri9Y _4 _9``\9b YI} jo\*YZZ2aZ2_9_9jY[\8\?Z]b(dhb }b `} YIdhYI^`jejjw\\&d]} YIgYIhYIZ2Z2j~e~i9i9`jYICZ]\?~crZ2f$I YIZ]~=v ~ca^`~`_9`Z]i9^r^-_^`_9b ^}b ^`}_9YIjaLb Y=} b YIf-} ^`Yj
n )b )
A \
W
Ci9~ZajZ2~e~[q )M
-i4Z2jebYIje~[F9joZ2^`~YI\ } Yj[9cZ]brZZ]_9^r
bf9{ } i9Y?q`rb9jeZ]Z]^_9\&\i&YI_-b} Z2b[beZ^`hdhb Y+} _Yb fF} ?YcYbd-dhddhje_dhZ]ild2_9
\Lb } ZgY} Z2Yjo~e~ZYIhjZ2FZ]jeYI_9^r_-q ^rb[Z2h_&dh\ i=j^`\9} YdZfFY[f9Z2^`aj
>3
y} YC\9YIhZ]~~Z]^\P
? )w f)
{[
E
2ZX{[be&bqYIdh_&il9\9Z2-YI`\ i9}bofZ2d=b^`Z2dFj_LY[YCZ2f4~e^dY_&obYd=~~gZ2_9Z]dh\_9il\ Id-boZ2NCNYgZ2Z2b j_&} Z\LYC-Z2f4_9dY^rjZ2jc|Zd]adhcjiLY[Z2Z]i& bg} ~edL4Z2YjeZ]^rZ2qjj[Y q
S)B S) } ZhY+~di9a } bhdifFYIIdYChYIje^`ZjeYoi9aYcd2dhb } YIj~q
)
.Z2~e&qdi9_ jZ]y~gdh} je ^` ~w} d~^`_Z]} bei9Z]d a b}YbjYZ]^`jwa_}b-} b YZ2} dhbCZi9h~ed_9YLilYI_9~ ~d2 +YIv j-dh^ri&9f9a ^`} hi&bZ9-bedh^`_9}`b ^`} ^`_9}Yadhahb jdh}Y[i&Z]YIjjb
< )
bb{[}Z]&hY(q YCa9b j}Z]Y[`Z]Ywi9bgbdhZ]jbY[ ^`dhZ]_c4d2dfF_9Y.~cbZ2d2d^`~e_4hIdhZdhiP-_9^ } fFYgC\9aZ2^`j~joZ]IZhi9IZ^`~dhlZ]i9_9~^rq i& f*Z2_9dh\ifF d2} cd l} Z2d_9\\
? )0 P)
ad\&\9YI~~o[Z]_=\9d(b } Z2bdhje
()
Zb{[i&&} ~q Ni9ah9YZ]`i9dhZ2bjei9Z]~eb9^`^`dh\4^`I_cZ2^`dhf&fFi9YwY+~ be\9+dc^`~YIhI-di&^ril~[-N Z2} _9d g\} Z]i9Z2j9Z~w`^ZZ]b._9fF^rb d} Z]YjrrY[h^`Z2dhjeiYb } d} jdg^`b a}q jZ]b } ~
? )j ) ~d29I9{je\9q ^`9^`~bi9jje^`YI} ~[d ^`
_4Z]^`Z]~_9b\^`b dh} _ ^YI_?jYb}UYIbY(-^``I
YIFY&\9bLdh^`iChd~[ZZ]i -i9^`^`~_9_*Yahb ~+b } } b^`YL~N} i9Y~e_&I`^`^^`YIa _9YI} Ijbw~eYIY.b~}cbeYdw^`_Z2} b?}^`jeY
b~{ `} Y q b 4} &YIY?Z2j`\4i9YZ2b^`Z]brdb-j^`Z2dh~[_ d]f4Y?Z?hbdhd==i hZ2d_- ilr} ` ^dd_lF9dhg&~eZ2~i9YIjobC~eZ~dZ]b j_9} b ^r}Y f4|Ydh_9i9hYIdjChiYdN` YIdh_9} jeIbd4~Y=Pb^d2_d
7
3
()o ()
C#
&Z2} aq YIjjeZ]Y
b^`} d-dhYIYI_9je~
~CYwZ]j_9d-Z]\I-~} i9Z2dj~o~Z2b4~~b }Z2d]_94YIje\jY(d~ef9Z2_4f4_9Z2Y\=jYI~^`~
_d]YIb -l} ^`~Yc^`boje?Ii92`^ YI\U_-}~eb
YIY[j4Z9Yd^`hd~ddhjYIi_L~eb~ebZ2IZ]jedhY[_9_-I\
=
hdd&qji d]9d2Z]be`i9YIUjb^jeZ]h^`bZ]f9^`\9`dhYwi9_CbefF^NdhYj~ `bYIdCXZ2h_9bd\=} ilYc`dhi9\?^`ga }b Z2} brjojeZd} Z]Z]dhb _9~e^rb ~+d2
hdhb }iYC \4} Z]dC^`br^`_(Z9b } Y d2~YI9`b} YIY
~i9f4_9Y^`IhdhY?j~YgYq b } yYc} jedhYo~eY
i9aYg} dwd]fFb d2} Yc^i9__9\9^`YIYIhjd~ebYh^`qdh_CbedwhdiCb } YI
2
? )j )
)
d2Z2~ei9q jd-Z]YI~[~[q +v Z2YI~_9-\C^rhhdh\9fFi YIYw~e}b9jeZ`d2Y[ Z]Y~-YI\9i9\Ldh^`o_9Z]-Yw_9`wm\i9b 9~} bcjeY
dh_&~be^`YId2_9I ~Pbd2i9f-4L~wZ2Z]`b 2} YZdh-~j`~Z]\9i9~ljea dhZ]} _9b\CYjcbY[} Z]d2Y j
d29Z] {Iq} YwY[be9Z]YIZ2\9j`~[jei9^ f&botZ2YCbe} ^dZ2_C^`b f4i9} Y_&be\4bi9d+Z9~- h~Xdh9iPZ2~e _9Z\=CYIZ2jZ2jYCjd2Z
Z2-\9=Z2d_9i9j^r_9_9 Y\F\Z hd^`icb } ZC} d aZ]} jZhZ2Y._9\Z
?_)M
= ) $)
)
ahd2jeY[YIZ2-bc^NFZ2dhZ2je?bYI^_-bebe^`YI~[~wq } ^` } } ZY~9jei9_9a=jedh"b } Y?Z2bei9j^`_9a
n
E
ahd-&Yd-q _\ b9Z]Z2dh_9`jei9\bboi9Z2_9-b^`YhdZ]C_L\ } f4Z&d-Y\9 bYI"d=~ebrdh+dhili*ah jeY[ Z2} bLCdZ2Z]j^`Zj~eY\9-dhZ2^`_9^r|d2Z2h^`bZdh} f9iLw`Y _& "dh} i9dLjeh^dZ]~ }jilY
S)B S)
bd2hY&q`w^`ah^`9~YZ2} _9`_Ii9YgiPbo9Z2Z]be\4_9^Z]\dj_C&f4Z2dY
j_9Z]beYh~dwh-Z]_4bdhZ]^rilb i9 8jeYhfF9CYIfF~eZ2YcbwjZ9dh-_&jeZ2dhYh_99-^r^`9be^jddi9~F~[dhq YIicj^` br-} -dgIdhZ2je_&Y
~dh^`_-jeb
= P)G
f)
$)
<
f4YCfFd-dh_-rah^`hYj.bedb } Ycdhje`\9~[q
y} Y +YI-^N~Z2^`\l
0
d2~hZ]&`q i9Z2`bZ]y bb YI^`} dhjYje_?^Z]f&f4~YCi9Y?jobZ2d~[^`Pb} dhilZ Z]?hYId~i9}
jCZ2YI\9b-jjoI^`Z2\9YIhYYZ2\9_`^`bC^ _9aha`i4 Z2je~ \} Z2i9j~j\9dY ~bjed2Y[hZ2YIjj q
I
< y} Y +YI-^N~Z2^`\l
) 4
hZ2_&&\q \&LYIZ~bejd2-dh~=i9j+b } f4YLY&jb d2} Z2bYI~4~=`d2~+cb }b } YYL\4dhZ]j^`br\=-Z2~^`.b } ai4^`beZ2~wje\j^`_9i9a~[^` _9a4 b } Y F{hYIq je^d-\} d]YI _Lv b h} Z2Yc^`~ebr~ehYI_-Z2brboZwLYI^`a Z]} _b iP} hbrZ2adCY dh} b Z]} ~gYIZ2j.jeajj^`hY[YZ]\Lb.Z2\9~ei9i9jej^Z]_&~[a
< Q3
)
dh_L&q b } v Y_9Y[\Z]Z]jb a} Z2 ^`_ } ~ Z} Z]^`_9a+~^`Z_9=[Z2b je} _4YZ2be\4YIZ]\_4^`Z_ShZ2Z~hFYI je(} dLbeYIZ2jjjeY^f&b Y} Ydh\9jYo
[hZ]&jqZ]Z]b } ^`i9br.} YIfF_dhYoi*Z2~Z]``b~^`j~ i94~eYYb\ljo_LZ2b hY}ddiZ2`} \9.ZYIb h~} YcbeYj~ed2dh`*di9_9aZ2ah}`YI+b+\U^h``d_9diljcYIq~e\9~yYIf9~e} ^`i9dhjb?YI~~Yq } w}YI_dd
=
B 43
N ~IY_9\4Z2_-be~wd2w^`9joZ2I^`bbe^rq
{
h\9YI~eq IYI_9\&YI} \*Y_ jdh~ } Z2w`+^`9\9jZ]YIhI^`dbi9be^jb } Y4bYYYIjbI} Y ~Z2} _9Z2\`af4jY[YZ]Idhb?Z2Y~ei9jejYIZ]\ ~
b 73 _9Z2_9dhj\?[_9Z2YIZ2YI?jw^`~ebYI^`YI4~Z2b jo} Z2Z]be^b$dZ]_?j^`~jYdjdf4|Yd2jYIdh\=_&a(dh_9\9Yd~[^`q _9ah~
_&dhj4d2YIjbr
`^`hYwb } Y 4d2YIjd]FdhYahjZ]_4Z2beYhq
j9dq f9f4u YYj~g~ } Z]Z]_9\_9-d^`_9bcaYI~[--4dhYjj^`jYIdh_9IY.Y[Y[Z2Z]j4dj_ld FjYcY_9Z2YI_9\ ^`YI4~d-ld-d\ljcq jdh
I
Y[Z]&jq b } y9} jYIZ]j^Yo~eY=dhjY=Yh } ~ }Y_Z]w\9YIZ]h`$Z]~(Z-^`_~b} Z2Y[`Z hYd2_ g?Z2_&Y\Z]~Yb _} Y dh_Wb YI} \-Y
G 3 \I
bd-db } YI\Pq \99YIq YIu _?dhYIbd2_&^`
dI_ IYCd2b _9} dhI^`jYI~
_-^`Fb.bjod-^`Z2~YIbebYI}\ d2YcN~i&^`_99c\9jaYI~?jZ2Y[_=YCZ]bI\9_9dh`YIi9^`~e~je~be~YIYc_9YId]i9\~bbfFdYIYw`Z] `fF$} YIZ]Z^`__9-bea4~YIq \^f-b }
&
D
YI9}_9q Z2IyY_-b} ^Y~Yc\(I9YIYIjeZ2bYIIZ]jY^-_P\4d2q
Z- ?~Z2^``_&2I_9bYIi4Z]YIjjLd j~} Z]YIhjYY.Z]b _9} \^`~+b 4} d-YIYIjeY. d+~w9\9ji9Y`~r
?
E
dhq j`\ v bg^b b } } Z2bC`^beY^?r~Yhi9 ~ebZ2^`\9_9YI^`h_9Z2a~ hYah~ YI} boZ2Z2`f9`YI~Z].^`fF_dhboZ2je_^`_db i9} b(Yd] g} dY
E )
<
d2_Idh~e^`[fFd-\9-be^`FjZ]^`_9~~YIb+^`_lq
v &bCq b } Z]~ bC} hZ2YI`PjeLf4Y4YZ2j^`?d-\YI\ d~ _L} Z]b } Yc~eY[ZZ2jeb b } } Yb } ahYje_ Y[Z2Z]bc~gZ29~eZ]i9hjZ2Z_4f Z2} ?Z]YIj\^rq
S
IZ2{ YII&qjebeYI~d} i9_YI~-_bNfF~oZ2Z2Yg_9I\je^} 4Z]Z]Ibc_-YwbZYI^`~\ad jZ]NY[_9Z]YI\bCjeYI\l} YIY[-~eZ]b\9^`ji9h\ljeZ2q ^`r_9NacZ2`dhb j} ~ ^} ~^`l42d-^`YI_"b } dhY _ 4jeYo
>3 P# -3
+i9ja-Z2=Z9q
+i9ja-9Z2q \9Yy^} Z2YI_&jeYI\f-Z2aZ]^`_l~ } Z2Z]`~ ~ei9} Z^`Y_9aLb } ZY bIYIYIje`jYI^`f9f9`joYZ2beYId\Xj _4Z2dh?_ YLb } d2Y Z2{hje{} Yq YIb=} YIZ2^j\9`Y4YbZ]Z]} I_9IYIYI(\&Z]b.b j} YY \9^`b 4dh} je_&Yo`Y
d2rdNY.^`YIb b }j} ^`_9Yw\9ai&~oY.Z2b I-} je_9Z]^ Fd2b(IYg^`~`YIZ]\9d _9Na\YgYI.jeYId2d\*4j~~o`} Z2^`h^`IYIje^4b }^`I~Z]Y[Yb
\3 P#
d3
P#
"
9jeddhi9bY_-IbbZ]^`^dh_ _ u d2^`gb Z2} YLZhZ& i9 _&~ ^}~q Z2`Ny\9} YIYI~e_bjd2Z2=`b b } } YCYLjZ2-i9~o_9Z2~^`~Z]~f4dhd2jb^`_9} aY dhj_9dhbq >3
b~ }} YIZ2^``j } f4Zd-\9Y^`YIb ~} YjYIIYYIYjf9Y_jZ]be`bYI\?~ _4} Z2Z2?`.Y.&d]jZ2^` ~eY} ^`YZ]
\9YIZ2-_9^r\ q b } }YIjeYIYI_f-b } Y
_-[{ Z2i4bemZ2^`{Ndh9_q dhd2jel+~ ?}i9^`je^`=^`_9_9Y.^`a~4Z2^`bYIi9}jbei9dh\9jeYI_FdhYIZ2be\P^d-~_bY[} Z]~ Yc~} ~=dZ]`_l4Z2+_IY }j}bYZ]YIZ2^`_*j_9^``_9ba} bYLb } } jeah^`dhje~i9Y[ahZ2a `b=} dhjeZ2^ _-9
a
>3
ahd-d-\d]
b } YCdhj`\lq Zf42{ _9YIq dhYI~.?u d]YIY[ ~Z]?j^`Y[_9^`Z]_9ajYh`YI2b ~Z2} ~_9^`q ~=\ah`dh+je^ FYZ2[bZ2~be^d2dN_*9jeZ2d2_9.\XYI~eZ2~.i9^`~e_9^`f4IZ]^`dhbbei9~LY~[Z]-9ZC4YZ2Z]jr_
d3
h Y} _jbZ]9d2q CZ2jevb ^r} q_9Y?\ y\4} b Z2i&} _F~YIZ_ hZ2F} ~[YIYI dh_9 &YI~ YYI} jCZ]~ }bjeZ2dh^``_9
i9[f9Z]Z]`Yci9j_4\Z2Z]jeb?^`Y~YIY(Z]~+Y_9\9h\i9YIjeYc\&YIbe~d bej}b d2} YY(jYbZ]} Z]\-Y~
7
o{[dh&^`qIYz ~_9dhYjb ^`} YI~Cd~4YcY j^`}~ } d(P`^`~beYIYI_=Z2jebYSdZ]b I} I^j~i&aYI`~SdhjZ]^ 4_9\Z2bb}^`dY_d2Z2
?^`^`_9jeYhYoq
d-YI~q >3
Z2{[_9&} \?q YIje Yh 2}YIZ2bYIb_LdZ_9b 9} Y=jeYIdhje^`Yc9~e^`b^`bYI~^_*Z]b b} dhbeYCdjewahb jeI} Y[Y^`Z2j~YIb?aYdhd^`_-jP^ 4^_ [dh4Z]_Ci9b^`~YIdhY_9_ YI^`Yg_9d]cagd]
Z9f4^`_9Z]Z2Y\C_9YI\9YIbej~[Y[YIq Z]j
D
H
FYIj^`d-\=d2.9ZhZ2je_9^rhb } YcLZ2_-ilq pI
< y} Y +YI-^l~oZ2^`\l ~{ YI ^dqIbYYI ~.bCjFd]d2I -jeY[je}Z2^be^`Y`YI_9\9~C\9jY4~ _l} Y^Z2^rIq YhYoZ2q`i92YI`d_9-_9YI^`4~a
~~e?9^^`_YIj_C^`b~o} I^} -`\9YIZ2_cje_9YI\~e_L9^``Fb
^bNdh^`~
~ed-~Ib YI} ~ei9~YYIjf4~\ YI^`~e_cfb.?b &} b jYI} d2^`Y j
b\9{od d9i9qf9vbY_99I\i9dhb_9 ~e\&}bd2Z]d_Y_beh`YI*Yj+hYIje^`^bb }} bjeZbdh} i9YIf&dh~_9YhYCI Yd]}_ -be} jZ]^~b_9q YI~\ ^`~ _9} \=Z2`~ c} Z2`^`lb }9dhjoZi9 b
/
i9_9^`dh_Pq
A
b`9^`^`qhdYI_v _9d2^`~\=gYLqb } Z]dh\ ~eYc} i } Z2d_&\ ~ } Z2`Z]l^`bZ2Z2i&f \} Z9b } b }YcY~eb~edhjeZ]=i9a d2} mbeYIbj } +Yc^`\9~i9Y~bjef i9} oZ 6
d2~{[be.&jqd2Yh ^`YbC\\9f-^`Z?^`~^_9beqC^`~~
}YIYIjeYI~^je`Yw?d\9} ~YIb+Z]_Y bed^`_9_9YI~[a4bFq ^`ahdhYf9`^`_9b } ~[YNZ]4_9d2\LdhYIjCajd2YI~Z2Z2`jY\9YIYo_
C#
b } 9^~q ~vi9f9_9`\^`b Y} dhF~edYYZ2`~edd_ } dL~ ah} jeZ]Y[Z2be_9`^`YI~~ebe~YI_dh_ ^`b b } } Y\9YIYI^`ah}dbb }^`dh_ b } bdY .
bYIYIjY~lh Z29qjeYIa jy}C} _9Z+^`Y~wZ2Z2YI_9jl_-\bebedw^^`je_9?YcIYIYhah_&q `d~v YIj~^_&4\c[Z]Z]f-_9bg\(^`dh?f-_=CY[d2Z2F
_&YI?~Njrd2i&^_&4YgYI_&\&~
YIj~Z2Zb_&[\c~(Z]bZ2b`ZYh&\94~[Yd2Ihf-d2
>3
3 I
Iddi9_9jIbeYIYI_-YIb_-job Z2} beYIZ]\(_9?\^`d_9_\lob b} d+Yb }_9Y^`_-Xb } _9dh\4b Z} -^`~C_9a.d2bje}dhY_9a+dh~ je} bZ]_9`^` a } } Z2bC9FYI^`b_l} IYIjYIZ]\&bYI^_&\FacjZ2Z be} YIj[ Z2Z]_F_9Z2\ ~[Ff-f-=hdhZ]f9j^`dhZ]i9b^`~Cdh_9d~b }FYIfj=d ~eN9YIj^`je_9^_&-ah`^`~_9aZ2_9\ Idha_9^Q~eYob~ P#
{[
bdh^`^_&
dI_ldhYCl_&bYg d}b ^}dh je}^`~~ } ^`} ~c^`dh9\9`~odh_&~\4beYZdhjebdLZ]_9d2?\LlYh?_9N^`^`^`a_9~(}YhZ2bq bey^`b_LZ]} ^Z_&YwYIh\} Y[Z]Z]f-jr_rbeb ^`}`_9^Yc~eaSbaYIZ]_&j_9Z]^\ _&b^ a}4Y[[f&Z2Z]i9jbrb >3 f4Y^`~~rbd2dhjbe~i99_9jeYhdh~~ F} YIY je^}brYIj^`~e_YIb g} fFY YI} Idhd?YIYI~~cd2b l} YaY_d-\9Z]\9_9YI~e\~(^`_d]wb^`^`Y~r~
dd2jr
bi9_&Yh4Z]_9\f9je^`_9ah~wZ]f4di9bji9^`_lq
('
^`ah_9joaZ2_-d]b$4b }YIjYYI~Ibeb dhje} LY[Z]d2b } Z]_9=\Z29_9je^dhYIbe~eYIbIZ]bb^`ddh_9_9Y~+jjYIdh?d2hYIYc-^~e^`_9~e~[9^`jZ2^`_9b~ \ 4{Yjrq i9?} YIYI~[_?]YI9bjhZ]q`^`~~YI} \YZ]fF_9YI\~eb.d2dj~~ } .^`Y[9Z]4`Yb \} Z2_9^`b\} ~4d_9d2~[-YIZ2je_9~[\^_&Z+I?YI_9^~e_&Yh\
S I
b_9Z2Y_&d?j\d2Y[ wZ]}j+b YI} _=jYd^`oYIh_9YY\Z2jeb\4^`^YIZ]Z2~[^&qbrYI--v Z29~c_9`\dh^`~c^`bb `} ^`^`~_Y beYI}b _9} -YIYC\_9dhbe~Cjed4i9bed2bYIYje_b YI} \ Yf-^~`L Z2}i9hZadh}ilY
$'
f4Y_bd_=j^`a } bYdhi9~e_9YI~~CZ2_9\=9jedh~e4YIjedhi9~+`^QYhq
ud2 YIje+Y
YIYI-_9^\&=~Zb }} Y
Z]bbrYIZCb ^`} _L b} } Z2Yc9beFYIYIjlj[^`d-Z]\`Yd]\ $z Li9Z]`dhjhaZ2w_&d]\9Ub Z} Y.9=i&jYZ2j_F^`bZ9~
fF~Z2F_&YIdh~\*bebCd2b ^` }_dZLZS~Y&dhf-^jedYIi9~~cbb }N?YdhjC^_&\9^`\l^`~w-q ^`~e_9i9u YLjYje~odhZ2i9ah_9} Y\&d~[YIw\^`~Z]_9f-\*`d~b dhb} jdhY~dh~Yb_4f-ZjY`dhN._9dhjoYjCZ ~} dh =?} dZY ?
\9i9je^_&a(b } YcFYIj^`d-\=d2&ZhZ2j_&^b } Y(LZ2_-ilq
^`[~cZ]9~i&bi9jjjedYI\*i9_9f-\9Y\Y_9f-YIje^`dhYIf9~
fFYIdjej~( ^`_} d Z=^`\9~Y9~dhi9jZ]~ebi9YYI\*~d9f-b[Zdjc`^` dh_l} dLd^`j~ y} YcfFYI~bed2^_&ad2tu+fFd-vgdhx_9yw~zbedW-{[i9 joZ2b } ZZ2_9\?.Z2^`~-Z
@3
bdh^`jea\9YIYIj[je~dhd2jf-Z(j^`Z2`\(b } Yi9YF -} ^`Z2_9_-_9bea4~.^`^`_~.Z+~eYI_-dbjYIYI_&~eb[I-YI\Ldj
bedc} \9d4Y[Z]bi9} _9-\&dYIjj.}b } Z]Y~ y} YcW^`~ } ^N~Z2^`\l
fFZ?YIbYIYI_?^4?Y9~bcj^`~e^`_dh_9b YI} \PY?-dhhjwZ2~ bC} ~edY[Z9^`~dbjgd~ ~Y} \ dLZ]^`f4~gd^`_i9bwb ^`} _ Y?} ^`~wdfF~bwdZ]beYIbwjf-je^ A
4{o d-9YIq dh} _?Zb Y(} Y_&ahd2X`dhje_4Z2d2jejZ2b be} YIY \ +bd=YI-^qdhil |C^`_9a4b } ^`~w~ei9f9`^`Y S)
4^`~wZ]~o^_ZhcYI\~ei9j}d Z} ^`~wZ2_~ebjdhZ]_ ^`b[jq YIy?} YIjdhfFi&aYIj} ^`_9a=?b } 4^d2~~YIbej[dhje^`dd2_9w~?YIb^`_9qY }9YIYIq jejjyYIb \L} } Y ^`f-~+.YI} d-Yj^j[`9\^~+b } ^`YI~Yc_9\9i9^``d2 `i9} ~YIYI^``\h\lYqF^`d2Cb } _9YId2~jwi9d] `} YI\9 ah} Y=ZIZ2o^`a-Y~Z~hb~^`^`Z2c_F^`+d2Z2^`je~ YI} j[_-qIildh.q _-
E
9 }q Y
^`_9a\&jY[YIZ]YIb\cC ^`} _9YaF_c[bo.Z2djY
~ }jYo^`9i94ahYY\c^`f4_ Y} ~YIbd2j[2b ~} dY_g~i9?9YIje_CYIYI_[Yo d2- ?~hYIZ2_-jeb[^rq
^`9_({mYI&j Ycj9d2a-q Z u YII~^`Z~_9-ha^h_&dhZ]a_&_9~Yh^`F~ q } dhYIh\Y_(dh_b } b i&} ~Z]b b} YYIZ2j\9d~jFZ2dhf&bYYItYI}_Z2Z2_9~\&b ^}hZ&Y +4YIYIhjZ2Y ~
()
} Y[ZYI_LZ2_9\ 4_4Z2PjYI`Y[Z]~YjdbjoZ2_9~e^`ahjoZ2be^d_4Iq
. h3
H Z3
P/
LZ2jehZ2_9\&YIZ~Z]^\bed } ^`~\9^`~I^`9`YC } Z2ahi&j^I
\9hZ2~&YI`q fF^`hyYoY} jdYIYIj\^`Y(jZ]jd-_9dYI\8~ F} Y[Z2ZZ]j-bej ^`^`h_9IZ]^`a+4-f4Z2d]YIbe4YIY\=_b } ^-Y_=^` `b YI} j\PYYI~^`ji9Z]`?~ 9} bYIZ]} \(jYYIb ~+\&} YIYId2h^`jZ2~d2~.Z2Z]j`_c~^ 4dC\9Ii9.YIbe~Y^`q jYIY~
'
>3
7)
~bF} YCdhq_9\9\&YYI9_-jahb^`hjeY[IZ2Z2dbe^`bc_9dh~_~oY Z2-d]ai9YhY} _^`Cb=~^d_&_^`a_9a}-\9^`i9~dhjoZ2YIb -h} IZ2Z=Y_&~\~^`}b Yd} Yc}Z]?bZ]b\Z]YIjfF} }YIIZ]dYI__-bb Y} Z]\9Z_9Yo\
+
wj i& ^`^~e_i99dhq _cf b} } Z&Y.l} bYI}_8dhY=je`b \l} 2YdhZ2~e_9YIb -\cI4 YYIYIj} \9dwY=^`_9ahYId-`j8YIY~hi9d2Z2_9w`4dh\&Z]i&YIjjhZ]dhZ2i&`~YI~
``YI-\Ci9} ^`d_cf f99} jjeZdd2i9.Z2a YI_9} ~e\ ~b
Y ^`W_9^`a ~ } } ^hY[d2Z2Fje~\ YIb YI} j^`~4YI~_FFZ2YI_9YII}Y~.9Z2j_9d\~b^jo?Z2beYI\*YI\&^fFZ]YobYIdh`jeYLjYIb F} Z2YL^`j^`YI`\i9b~ed+bje4^dYi9jr~
dhje Z2i&~bYj^`b^`YI~q
@3
^`h_9&[q Z]jy_4} Z]i9b^`~ _9|aZ2CaZ]^`_9^`_a4&Z2b _&} \YZ]Z2a\9Z]d^j_PZ]hf99`Yjedh+beYIYII-b^~+Nb Z]} Yb } .dhi&daj`} \lq YIbYj_4Z]
) 6
+YI-^Qr~i&boZ } ?_bdb } Y +YI-^Iq
I~hi&je&Y[9qZ2jbeYIYI?~C Yb } } -YI^`_9jc~d2i9b } _9`^`^`YI~c\9YIi9ahj_9Y~eYh^`hq Z]Y_9v j\~_&Y?\^`}~c _9\9} Y+YIYI`9_Li9j\9dYIY_-9\lb^`bje
^Y[Z2Z2Z2be_9beYIYI\ \l\l^`FbC ~ } }^`~cYcY~ f4f4} YYY~~bb d2d2} d~~
6
~YI{ Z]j&q~_99\9^`u ~_9ZId2-Y
_9^`b_9~} aYhYc =4j^`jeZ2Yc\9YIj[Y(Z2&_9Z]b \=_} YI`Y^`?f4Z2Z2jf4bbed}^db YI} __ d2^`
jedhZ]~ Z2ah} bYC^`Y9j[d24qY\b } }Y YI+j+YI-^^
b } d_L4d2b } Y
5
I
9jedh~FYIje^br-q K3
ah^` ~je Y[4q Z2Ybjh\9 Z2YI\&~} beYIjYI\ld2jq YIb j$} Z]YLb
Lb } Z Yw} YIZ2_9h\Z]^rd]Pl b^`}dYbZ2Z]`9YIb~} b^`~
} Ydh~dh?j^`.~ed2 g} b YI} jeYY
6
bb{h}jo{Z2Yq b^j^`+d_ld2d-2db \P} Z2lYIf9(~ebfF^`bZ2dh} ^`b_9} b^`_9} d a YI^`jYjjdYI\?^`_9~\9Z2d-~Cd-jdh^\l4_ IYIZ2b ~_9} \YI~&j_9jZ2^`d2_9_9|-\ `YIjY\(~^`bb jo} ^`Z2b ^`I} _9dh^`f9_9_9`a=dYId-_-^`_\
\9jZ_ jdb } YI^`jwd2_fFd-\9^`YI~[q F# >3
bIh}je&Y[YcqZ2be 9^} djeYc_dhF^`_9YIZ2j\9bYb YIbe} ^`\YbobYhZ2^`qlYIY
~w} &Yhb j} dhbYCF} YIYdji9j _-dhfFjld2dhje
Yoje_lrb I}2j^`YY[_9Z]ah\9bjeYI^`dhY[YZ2_F\b+If49\9YI YI} ~edhbY j}d2YYI~jeYI~jcb YI} Z2^`~b 7
b${ } &Z]i9q ~.~FdYIjN}`NbYI}9_ je`Y[YIb Z]Y} ~YIhYI-Y[\Z]jZ]~[_9^\=b t} ~} FIZ]dhdh_9_-\9beYg^`jhdhbeZ9d``oYIbb \ }} Y
Y? i9^ _&^`} _\9dh~C-`\9^`9~YIj^`jPf9dd29`Y+9^`bb ^}dZ2jYbeYI\ qdhje} `YI\lj
b } YwYIbeYIj_4Z]4YI^`_9aFh~ei9~boZ2^`_9~b } YfFYI^`_9ah~Z2b+Z2_&dhb } YIjbe^`Yhq y} Y +YI-^N~Z2^`\l
&q _be^`YI~+d29jd~FYIj^`br-N~ } Y^`_9\9YIY\ ^~ Z2-~ } ?^r9 } d <
< {[m{9q } Z2bChdi~edh`^`I^`b[ C^`_9a4lZ]_9\hdhiPlb } Y\9YI`^`a } b ()
d2fFYI~hbedd2i9XjCb } Z]d~YC^``bd&jYIdhYIi^`hfFYdhb Z]} `
q b } Z]bCjedh ?Yhq YI`rYZ2~Y\ E
LZ]jhZ2_&\4ZZC~oZ2^`\l
YI\9{[dYIm _L{9^` q _} yZ]YI_9j} YIdhYI^`b _*_ } YIbb jw}} Y?Y`^4CYhd2-^`_9Z2_&aYI\jc d]}^`_= dh~e}b Y} ^`~c^Z~YI`_9-^YI^Y+_&?ah^be^`\9YI~d~cYI^`~c P} \9^^?YI~~e4d2bjeYd2j_?h^`~ YI} -\Z]^_&f9f-a2` Y
djIYhq
d2j{ Yw q \&d2^yFh}Z2Y~.~Y~e_b ^`dh} b _Y(} Y(Z2dbebjcZ]^`b~e }Y} Y=YIYI_-dhjebC je} \PZ2^`_l_-bg b } } Z]dYC~~eY=d4dFjb } Z} d]dm~_&Yd2^`^`_9Y_9Yw\9\=ahZ]Y?_9\Z2 ~+} q ^`i9 `}
y} Y +YI-^l~oZ2^`\l
<
f9dh_=^`j b Y[} Z]9jq jeb vdh} 8_9f-\l?b F} _4Y Z2}+?YYIYg_LhZ9hZwdhi^`Z]hjZ]Z2_9j~e^rYchq Z2\&b
Y[Z2-\li9&_4hdhiLZ2_9~ \C} Z]~ `} NZ2a`-Z2^`f4_LYZ2Zw_&Ldhb Z]} _YIi j
fFYI\9 da dYc_9~ q } Z2} Z2`^_9N \l} f4 YCdhidhbi9}} jeY?~[Z-hf4YdhY\9~jbYIh~dhd2^`jewi&YIj?\~YIYId]j. r}jZ]Y[YZ]_-q`b^ ~[ Z2-bi9^`&dah_ljjoYIZ2q ?_-bcY[+dhi_&d2b } QY
=)
D/
LZ]jhZ2_&\9YIZ~Z]^`\l
hYIZ2 j Yc} 9Yq \9Ybeu ~dh^`Z`j`-YI^`_9\P^`_9a
aLb} } bYI} Yj+i9+~^`YIba-} j^Z]\&_\9YIbe^`hYI~dZ]\9b^`b4dh} Y_lYIZ2q jY\ f4ddb }jb } b } Y?^`b } f4
d-dhZ2_ ~bb }} YIZ] b
J
f9-i9^`j job Z2} 9b }qb } Z9jePu dhb i9Z} -a Y}^`_9a-dhji&Yb j} i9Z dh~~ebwZ2a_&d]Z2\$^`_9Cd2Y \~}Z]bb^`~
je} ^Y-Z2^f4~Ywd-ld9~ _*}ZhZ2Z]`
jejdh_4dZf9IbhZ]b Z]^} _ _9Y \Z?+~ _9} YIYI-Z2 ^r`
&
) C yvy v y C q )
9{