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YRGQLFL SUHQDSRQD ,(&  
2GYRGQLFL SUHQDSRQD VH PRQWLUDMX ^WR EOLCH SULNTXaFLPD (7D L
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 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

 6,67(0 =$>7,7( , 835$94$:$ 8 76


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PDUW  7(+1,A.$ 35(3258.$ 


(/(.752',675,%8&,-$ 65%,-( 73E

 /2.$/1$ $8720$7,.$
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GX MHGQRJ (7D SULPHQD DXWRPDWVNRJ WUDJDaD ]HPTRVSRMD LWG

 /2.$/12 835$94$:( 8 76
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2VQRYQH IXQNFLMH ORNDOQRJ XSUDYTDZD VX
• ORNDOQR NRPDQGRYDZH
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• VD PLNURSURFHVRUVNLK XUH_DMD RGJRYDUDMX`LK `HOLMD
• QD OLFX PHVWD VD `HOLMD LLOL SUHNLGDaD  N9 L  N9 
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MD QDSRQD DNWLYQH L UHDNWLYQH VQDJH 
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GRJD_DMD NDR L KURQROR^NH OLVWH DODUPD SRWYU_HQLK L QHSR
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• DUKLYLUDZH SRGDWDND QDMPDZH VHGDP GDQD SUHPD VWDQGDUG
QLP IRUPDWLPD ]D ED]H SRGDWDND
• UHJLVWURYDZH DUKLYLUDQLK SRGDWDND SUHOD]QL SURFHVL KURQR
OR^NL UHJLVWUDWRU GRJD_DMD 

 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

 6WDQLaQL UDaXQDU MH SUYHQVWYHQR QDPHZHQ ]D UDG 6&$'$


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XSUDYTDZH SRGDFLPD L SURPHQH SRGDWDND X RGUH_HQRP PRPHQWX
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XSUDYTDZD
3UHNR VWDQLaQRJ UDaXQDUD VH UHDOL]XMH IXQNFLMD HOHNWULaQLK EOR
NDGD L]PH_X SUHNLGDaD UDVWDYTDaD UDVWDYQLK NRQWDNDWD L ]HPTR
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6WDQLaQL UDaXQDU SUHNR SRVHEQH RSUHPH X GLVSHaHUVNRP FHQWUX LOL
X 76 YU^L VLQKURQL]DFLMX YUHPHQD
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FLRQDOQRP WDVWDWXURP L GUXJRP QHRSKRGQRP RSUHPRP X NRMX VSDGD L
SRVHEDQ NRPXQLNDFLRQL GHR VD SRWUHEQLP PRGXOLPD ]D NRPXQLNDFLMX
VD QDGUH_HQLP GLVSHaHUVNLP FHQWURP

 0(5(:$ 8 76
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SRVWRMH VWUXMQL WUDQVIRUPDWRUL
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L WUDQVIRUPDWRUVNH `HOLMH  N9 L  N9 DUKLYLUDMX L SULND]XMX
SUHNR VWDQLaQRJ UDaXQDUD
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PDUW  7(+1,A.$ 35(3258.$ 


(/(.752',675,%8&,-$ 65%,-( 73E

 %/2.$'(
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• SUHNR VWDQLaQRJ UDaXQDUD X NRML VH SUHNR RSWLaNLK NDEORYD L
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NDGD QLMH L]YXaHQ SUHNLGDa

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MHZD VDVWRML VH RG
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MHZD 76
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• PHUHZD HOHNWULaQLK L GUXJLK YHOLaLQD

 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

 =D SUHQRV PHUHQLK YHOLaLQD SRUHG PLNURSURFHVRUVNLK XUH_DMD L]


60,=83D NRULVWH VH L PHUQL SUHWYDUDaL VD VWDQGDUGQLP L]OD]LPD
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aHUVNRJ FHQWUD NRML VH SUHNR VWDQLaQRJ UDaXQDUD NRULVWL ]D VLQ
KURQL]DFLMX YUHPHQD LOL VH YU^L ORNDOQR SUHNR RSUHPH ]D VLQ
KURQL]DFLMX
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UDaD L SUDWH`H RSUHPH

 623679(1$ 32752>:$ , (/(.75,A1( ,167$/$&,-( 8 76


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76
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• LQVWDODFLMD RS^WHJ RVYHWTHZD X ]JUDGL 76
• LQVWDODFLMD VSRTD^ZHJ RVYHWTHZD 76
• LQVWDODFLMD SRPR`QRJ RVYHWTHZD
• LQVWDODFLMD PRQRID]QLK L WURID]QLK SULNTXaQLFD
• LQVWDODFLMD ]D QDSDMDZH VLVWHPD JUHMDZD YHQWLODFLMH L
NOLPDWL]DFLMH
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LVSLWLYDZH NDEORYD SUHNR MHGQH WURID]QH SULNTXaQLFH  $ X
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QLK NX`L^WD RUPDQD L UD]YRGQLK WDEOL LWG QD QDMEOLCX VDELUQLFX
]D L]MHGQDaHZH SRWHQFLMDOD YLGL L 73 

PDUW  7(+1,A.$ 35(3258.$ 


(/(.752',675,%8&,-$ 65%,-( 73E

 6,67(0 6,*8512612* 1$3$-$:$


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RG NYDURYD L KDYDULMD QH]DYLVQR RG PUHCQRJ QDSDMDZD D VDaLZDYDMX
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DNX
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 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

 6LVWHP EHVSUHNLGQRJ QDSDMDZD REXKYDWD QDSDMDZH NRPXQLNDFLRQH


RSUHPH L VWDQLaQRJ UDaXQDUD
5HDOL]DFLMD VLVWHPD YU^L VH SUHPD ]DKWHYLPD LVSRUXaLRFD RSUHPH

 6,67(0 8=(04(:$ , *5202%5$16.$ ,167$/$&,-$


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QRUPDWLYLPD ]D X]HPTHZD HOHNWURHQHUJHWVNLK SRVWURMHZD QD]LYQRJ
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 8 76 VH NRULVWL ]GUXCHQR X]HPTHZH  MHGLQVWYHQL X]HPTLYDa
NRMH VH NRULVWL L ]D UDGQR L ]D ]D^WLWQR X]HPTHZH NDR L ]D X]HP
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=GUXCHQR X]HPTHZH 76 L]YRGL VH WDNR GD VH L]YHGH X]HPTLYDa
]D^WLWQRJ X]HPTHZD L QD ZHJD SULNTXaH NX`L^WD (7D PHWDOQL
SOD^WRYL HOHNWULaQH ]D^WLWH L DUPDWXUH NDEORYD VHNXQGDUQD
VWUXMQD NROD PHUQLK WUDQVIRUPDWRUD X]HPTHZH QHXWUDOQH WDaNH
PUHCH  N9 QHXWUDOQL SURYRGQLN NX`QRJ WUDQVIRUPDWRUD X]HPTH
ZH RGYRGQLND SUHQDSRQD ]D^WLWQL SURYRGQLFL QDG]HPQLK YRGRYD
]HPTRYRGL VSXVQL YRGRYL JURPREUDQVNH LQVWDODFLMH NDR L VYL
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WHPHTQRJ X]HPTLYDaD ]JUDGH 76 L KRUL]RQWDOQLK X]HPTLYDaD RNR
]JUDGH L RNR RJUDGH 76 6DVWDYQL GHR VLVWHPD X]HPTHZD 76 VX L
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VX SUHNR HOHNWULaQH ]D^WLWH NDEORYD  N9 L  N9 XNTXaHQL X
VLVWHP X]HPTHZD 76  N9
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VH EDNDUQR XCH LOL RNUXJOL SXQL EDNDUQL SURYRGQLN SUHVHND

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 *URPREUDQVND LQVWDODFLMD 76 L]YRGL VH SUHPD VWDQGDUGX -86 ,(&
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`X VWDQGDUGQRJ SULKYDWQRJ VLVWHPD ]JUDGH 76 SUHNR SULURGQLK
VSXVQLK YRGRYD DUPDWXUQH ^LSNH DUPLUDQREHWRQVNH NRQVWUXNFLMH
GLUHNWQR VH EH] LVSLWQH VSRMQLFH SULNTXaXMH QD X]HPTLYDa 76
YLGL WDaNX  X 73 
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VWUDQH RJUDGH SRODCH EDNDUQL X]HPTLYDa ]D REOLNRYDZH SRWHQFL
MDOD QD XGDTHZX  P L QD GXELQL  P NRML VH QD YL^H PHVWD SRYH
]XMH VD PHWDOQRP RJUDGRP 8]HPTLYDa ]D REOLNRYDZH SRWHQFLMDOD
PHWDOQH RJUDGH VH QD YL^H PHVWD SRYH]XMH VD X]HPTLYDaHP 76

PDUW  7(+1,A.$ 35(3258.$ 


(/(.752',675,%8&,-$ 65%,-( 73E

 0HWDOQH YRGRYRGQH FHYL


• YH]XMX VH QD X]HPTLYDa 76 X SRVWURMHZX
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XNU^WDZD VD EDNDUQLP X]HPTLYDaHP
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SRJRQ LOL SRVOH UDGRYD QD VLVWHPX X]HPTHZD D X WRNX HNVSOR
DWDFLMH QDMPDZH MHGDQSXW X  JRGLQD XNROLNR MH VLVWHP X]HPTHZD
76 L]YHGHQ X VNODGX VD RYRP SUHSRUXNRP L VD 73 8 LVWLP
YUHPHQVNLP LQWHUYDOLPD YU^L VH L YL]XHOQL SUHJOHG X VLVWHPX
X]HPTHZD NRML VOXCL ]D RFHQX NYDOLWHWD VSRMHYD L VWDZD
]D^WLWH RG NRUR]LMH NDR L NRQWUROD JDOYDQVNH SRYH]DQRVWL
PHWDOQLK PDVD X 76 VD X]HPTLYDaHP L PH_XVREQR NRMD VH YU^L
SURSX^WDZHP LVSLWQH VWUXMH MDaLQH QDMPDZH  $

 7(/(.2081,.$&,-(
 'DTLQVND NRPXQLNDFLMD 76  N9 VD QDGUH_HQLP GLVSHaHU
VNLP FHQWURP RVWYDUXMH VH SRPR`X WHOHNRPXQLNDFLRQH RSUHPH X 76
L QDMPDZH MHGQRJ RG VOHGH`LK SUHQRVQLK SXWHYD
D WHOHIRQVNH OLQLMH L]QDMPTHQH RG 377 SUHGX]H`D
E 8+) UDGLR VWDQLFH ]D VHPLGXSOHNVQL L VLPSOHNVQL UDG
Y RSWLaNRJ LOL QHNRJ GUXJRJ WHOHNRPXQLNDFLRQRJ NDEOD
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• JRYRUQD YH]D ]D GLUHNWQX NRPXQLNDFLMX L]PH_X 76 L QDGUH_HQRJ
GLVSHaHUVNRJ FHQWUD
• YH]D ]D SRWUHEH VLVWHPD GDTLQVNRJ XSUDYTDZD ]D NRPXQLNDFLMX
L]PH_X 60,=83D X 76 L QDGUH_HQRJ GLVSHaHUVNRJ FHQWUD
 7HOHNRPXQLNDFLRQD RSUHPD XJUD_XMH VH X NRPDQGQX SURVWRULMX
0HVWR JGH VH XJUD_XMH 8+) UDGLRVWDQLFD WUHED GD VH QDOD]L QD ^WR
MH PRJX`H PDZHP UDVWRMDZX RG DQWHQVNRJ VWXED

 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

 =$>7,7$ 2' 32#$5$ 8 76  N9


 =D ]D^WLWX RG SRCDUD X 76  N9 L RG ^LUHZD SRCDUD QD REMHNWH
X EOL]LQL 76  N9 SULPHZXMH VH 3UDYLOQLN R WHKQLaNLP QRUPD
WLYLPD ]D ]D^WLWX HOHNWURHQHUJHWVNLK SRVWURMHZD L XUH_DMD RG
SRCDUD 6O OLVW 6)5- EU 
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 N9 VDVWRML VH RG PHUD ]D^WLWH RG SRMDYH SRCDUD L PHUD
]D^WLWH RG ^LUHZD SRCDUD
D 2VQRYQD PHUD ]D^WLWH RG SRMDYH SRCDUD SUHYHQWLYQD ]D^WLWD
RG SRCDUD VH RVWYDUXMH SULPHQRP ]D^WLWQLK XUH_DMD YUKXQVNH
WHKQRORJLMH NRMLP VH RSUHPD L XUH_DML HILNDVQR ^WLWH RG NUDWNLK
VSRMHYD ]HPTRVSRMD SUHQDSRQD L GUXJLK NYDURYD
E 2VQRYQH PHUH ]D^WLWH RG ^LUHZH SRCDUD
• L]ERU ORNDFLMH L UDVSRUHGD RSUHPH D SRVHEQR L]ERU PHVWD L
QDaLQD PRQWDCH (7D  N9
• NRUL^`HZH RSUHPH L PDWHULMDOD NRML QH PRJX GD JRUH VDPL RG
VHEH D SRVHEQR SULPHQD YDNXXPD NDR PHGLMXPD ]D JD^HZH HOHN
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• SULPHQD PHUD ]D EU]R RGYR_HZH XTD (7D  N9
 (7L  N9 VH PRQWLUDMX WDNR GD EXGH PRJX` SULVWXS YR]LOLPD ]D
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• XGDTHQL QDMPDZH  P RG VXVHGQLK VWDPEHQLK ]JUDGD L GUXJLK RE
MHNDWD NRML QH SULSDGDMX SRVWURMHZX
• PH_XVREQR RGYRMHQL SURWLYSRCDUQLP ]LGRP DNR VX PRQWLUDQL MH
GDQ SRUHG GUXJRJ
 (7  N9
VH PRQWLUD QD WHPHT RGJRYDUDMX`H NRQVWUXNFLMH
,VSRG VYDNRJ (7D  N9
SRVWDYTD VH NDGD ]D XTH QD aLMHP VH
GQX QDOD]L PHWDOQD UH^HWND VD VORMHP ^TXQND GHETLQH QDMPDZH
 PP JUDQXODFLMH  PP GR  PP 2G NDGH LGH RGYRGQD FHY X
]DMHGQLaNX VDELUQX XTQX MDPX aLMD ]DSUHPLQD WUHED GD RGJRYDUD ]D
SUHPLQL XTD MHGQRJ (7D
6DELUQD XTQD MDPD MH RG DUPLUDQRJ EHWRQD QHSURSXVQD ]D YRGX LOL
VH NRULVWL aHOLaQD FLVWHUQD RGJRYDUDMX`H ]DSUHPLQH
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VWHUH`HZH SULWLVND L VSUHaHQR UD]RUQR GHMVWYR XVOHG NUDWNRJ VSRMD
L SRMDYH RWYRUHQRJ OXND ^WR VH SRWYU_XMH DWHVWRP RYOD^`HQH QH]D
YLVQH LQVWLWXFLMH
 8 76  N9VH QH NRULVWH VWDELOQL XUH_DML ]D JD^HZH SRCDUD
QLWL DXWRPDWVNL MDYTDaL SRCDUD ]ERJ YHRPD PDORJ SRCDUQRJ RSWH
UH`HZD
 =D NX`QL WUDQVIRUPDWRU VH QH L]YRGL VDELUQD XTQD MDPD QLWL VH
SUHGYL_D SRVHEQD LQVWDODFLMD ]D EU]R RGYR_HZH XTD

PDUW  7(+1,A.$ 35(3258.$ 


(/(.752',675,%8&,-$ 65%,-( 73E

 'D VH VSUHaL ^LUHZH SRCDUD NDEORYLPD L NUR] NDEORYVNH NDQDOH


WUHED
• VNLQXWL VSRTD^ZL ]D^WLWQL VORM RG MXWH NRG NDEORYD VD SDSLU
QRP L]RODFLMRP 132 $ LWG 
• L]YU^LWL SURWLYSRCDUQR ]DSWLYDZH QD PHVWX XODVND NDEOD X
]JUDGX LOL X SURVWRULMX VD UDVNORSQRP DSDUDWXURP QD SULPHU
GHOLPLaQLP SUHPD]LYDZHP NDEORYD YDWURRWSRUQLP PDWHULMD
OLPD GHOLPLaQLP ]DWYDUDZHP NDQDOD SHVNRP LOL QHNLP GUXJLP
QHJRULYLP PDWHULMDOLPD LWG
 9UDWD L SUR]RUL X 76 WUHED GD EXGX L]UD_HQL RG PHWDOQLK OLPRYD L
SURILOD 9UDWD SRJRQVNLK SURVWRULMD L YUDWD QD SXWHYLPD NRML
YRGH RG WLK SURVWRULMD ]D VWHSHQL^WH LOL VORERGDQ SURVWRU WUHED
GD VH RWYDUDMX X VPHUX L]ODCHZD D RWYDUDZH YUDWD VD XQXWUD^ZH
VWUDQH PRUD GD EXGH ODNR L]YRGTLYR EH] XSRWUHEH NTXaD LOL
DODWD
 =D JD^HZH PDZLK SRCDUD X HOHNWULaQRM LQVWDODFLML QLVNRJ QDSRQD
NRULVWH VH SRNUHWQL DSDUDWL L VSUDYH ]D JD^HZH SRCDUD aLML EURM
L UDVSRUHG VH RGUH_XMX X ]DYLVQRVWL RG GLVSR]LFLMH SRVWURMHZD L
UDVSRUHGD RSUHPH .RULVWH VH X EH]QDSRQVNRP VWDZX X VNODGX VD
XSXWVWYRP SURL]YR_DaD
3RUHG (7D  N9 NRML VH PRQWLUDMX QD RWYRUHQL SURVWRU SR
VWDYTDMX VH VDQGXFL VD SHVNRP VD DODWRP

 -('1232/1( >(0( 76  N9


 1D VO GDWD MH MHGQRSROQD ^HPD 76  N9 VQDJH [ 09$

 1D VO GDWD MH MHGQRSROQD ^HPD 76  N9 VQDJH [ 09$

 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

 7(+1,A., =$+7(9, *5$?(9,16.2* '(/$ 76  N9


 2S^WL SRGDFL
 3RGDWNH R QRVLYRVWL WOD L DJUHVLYQRVWL SRG]HPQLK YRGD NDR L
VHL]PLaNH SRGDWNH WUHED GRELWL LVSLWLYDZHP QD ORNDFLML REMHNWD
L SUHPD VHL]PLaNLP NDUWDPD
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YRGH WUHED GRELWL VQLPDZHP QD ORNDFLML REMHNWD SUHPD XUEDQL
VWLaNRWHKQLaNLP XVORYLPD LOL SUHPD GUXJLP SRX]GDQLP L]YRULPD
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]D L]JUDGZX REMHNWD L SULNTXaHZH SRMHGLQLK LQVWDODFLMD SULNTX
aHZH QD JUDGVNX PUHCX YRGRYRGD L NDQDOL]DFLMH SULNTXaHZH QD
377 PUHCX SULVWXSQL SXW LWG 
 *DEDULW L SODWR 76
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SRVWURMHZD ]D NRQDaQX VQDJX UDGL RWNXSD L ]DJUD_LYDZD
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VWUXNFLMH
,QVWDODFLMH ]D RGYR_HZH XTD SUHGYLGHWL SUHPD WDaNL  L YD
CH`LP SURSLVLPD
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XGDTHZH GR QDMEOLCHJ VWDPEHQRJ REMHNWD QH JDUDQWXMH SURSLVDQL
QLYR EXNH L X ]DYLVQRVWL RG QDaLQD VPH^WDMD X QL^DPD QD RWYRUH
QRP LOL XQXWDU WUDQVIRUPDWRUVNLK ERNVRYD X ]JUDGL 76 
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SRODJDZH L JUDQDZH HQHUJHWVNLK VLJQDOQLK L WHOHNRPXQLNDFLRQLK
NDEORYD
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QLVWLaNLP ]DKWHYLPD ]D VNODGQR XNODSDZH REMHNWD X RNROLQX
=JUDGD 76 QH VPH GD EXGH VD UDYQLP NURYRP
 =JUDGD 76 VH VDVWRML RG SURVWRULMD ]D VPH^WDM SRVWURMHZD L VOH
GH`LK SRPR`QLK SURVWRULMD
• SURVWRULMD ]D VPH^WDM DNXEDWHULMH
• NRPDQGQD SURVWRULMD ]D VPH^WDM
• VWDQLaQRJ UDaXQDUD VD RSUHPRP L RUPDQRP RS^WH VLJQDOL]D
FLMH
• UDGLRVWDQLFH L GUXJH WHOHNRPXQLNDFLRQH RSUHPH
• RSUHPH VLVWHPD QDSDMDZD RS^WH SRWUR^ZH L SRPR`QLK QDSR
QD  9 '& L  9 $&
• GUXJH SURVWRULMH SR SRWUHEL RVWDYD SURVWRULMD ]D VPH^WDM QL
VNRRPVNH LPSHGDQVH ]D X]HPTHZH QHXWUDOQH WDaNH  N9 LWG 

PDUW  7(+1,A.$ 35(3258.$ 


(/(.752',675,%8&,-$ 65%,-( 73E

 3URVWRULMD ]D VPH^WDM SRVWURMHZD  N9  N9


L MH X SUL]HPQRP
GHOX ]JUDGH L]YHGHQD ]D NDEORYVNH SULNTXaNH  N9 L  N9
5DVSOHW NDEORYD N9  N9
L YU^L VH GLUHNWQR EH] SRVHEQRJ
NDEORYVNRJ SURVWRUD X ]JUDGL 76
3RVWURMHZD  N9 L  N9 PRJX GD VH PRQWLUDMX X LVWX SURVWR
ULMX
 =JUDGD 76 WUHED GD LPD RGJRYDUDMX`X WRSORWQX L]RODFLMX VD
SULURGQRP YHQWLODFLMRP L SDUR]D^WLWRP WDNR GD X] XSRWUHEX
NDORULIHUD WHPSHUDWXUD X ]JUDGL QH EXGH PDZD RG  R& L GD VH
VSUHaL NRQGHQ]DFLMD YODJH QD RSUHPL 6WDNOHQH SRYU^LQH WUHED GD
VX ^WR PDZH L VYRMRP NRQVWUXNFLMRP L ]DSWLYDZHP WUHED GD RQH
PRJX`H GLUHNWQR SURGLUDZH NL^H L VQHJD 1D RWYRULPD WUHED GD VH
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GH 76 WUHED GD VH SUHGYLGL SURVWRU ]D PRQWDCX DQWHQVNRJ VWXED
NDR L SURVWRU ]D SULVWXS YR]LOD ]D PRQWDCX L VHUYLVLUDZH DQWHQH
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 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

6O -HGQRSROQD ^HPD 76  N9 [ 09$


PDUW  7(+1,A.$ 35(3258.$ 
(/(.752',675,%8&,-$ 65%,-( 73E

6O -HGQRSROQD ^HPD 76  N9 [ 09$

 7(+1,A.$ 35(3258.$ PDUW 


(/(.752',675,%8&,-$ 65%,-( 73E

6$'5#$-

5 6WU
EU
 2SVHJ YDCHZD L QDPHQD 
 7HUPLQL L GHILQLFLMH 
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 ,]ERU ORNDFLMH ]D 76 
 5D]YRGQR SRVWURMHZH  N9 L  N9 
 (QHUJHWVNL WUDQVIRUPDWRUL 
 .DUDNWHULVWLNH RSUHPH X SRVWURMHZX  N9 L  N9 
 6LVWHP ]D^WLWH L XSUDYTDZD X 76 
 =D^WLWD 
 /RNDOQD DXWRPDWLND 
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 6LVWHP VLJXUQRVQRJ QDSDMDZD 
 6LVWHP X]HPTHZD L JURPREUDQVND LQVWDODFLMD 
 7HOHNRPXQLNDFLMH 
 =D^WLWD RG SRCDUD X 76  N9 
 -HGQRSROQH ^HPH 76  N9 
 7HKQLaNL ]DKWHYL JUD_HYLQVNRJ GHOD 76 

PDUW  7(+1,A.$ 35(3258.$ 

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