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BCPCAFMQ BC CVNJMP?AGgL BC J? NJ?LR? ? RP?TbQ BC SL? QS@?QR? ,?
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CKNPCQ? CQR?R?J &SPL?Q #CLRP?JCQ %JbARPGA?Q  OSC NMQCC CJ  BC QSQ
?AAGMLCQ!BCK\Q SLDMLBMBCGLTCPQGgLAMLRPMJ?BMNMPCJEM@GCPLM&)&'43 
OSCRGCLCLCJBCQSQ?AAGMLCQ

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R?K@GbL QCP\ CJ K?WMP DGL?LAG?BMP BC JMQ KGQKMQ "CJM -MLRC RGCLC SL AMQRM
CQRGK?BM BC ?JPCBCBMP BC 2  @GJJMLCQ BC PC?JCQ SLMQ   @GJJMLCQ BC


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RP?@?H?BMPCQ@P?QGJCfMQOSCASCLR?LAMLSLAMLRP?RMJ?@MP?JBCK?LCP?DMPK?J J?
KGQK?OSC?ARj?AMKMSL?CQNCAGCBCQCESPM,MQCKNJC?BMPCQPC?JGX?LBCNgQGRMQ
KCLQS?JCQ?J&MLBM CJAS?JCQ?BKGLGQRP?BMNMPJ?#?H?%AMLgKGA?&CBCP?J NSBGCLBM
CJRP?@?H?BMPPCRGP?PJMQDMLBMQ?OSCRGCLCBCPCAFMCL?JESL?QMA?QGMLCQCQNCAeDGA?Q 
AMKMNMPCHCKNJMCLJ?AMKNP?BCQSA?Q? AS?LBMQCPCRGP?MAS?LBMCQBCQNCBGBM M
R?K@GbLCLCJA?QMOSCNPCQCLR?P?SL?EP?TCCLDCPKCB?B
FRRNUUUDERQEMT@PRP?@?JF?BMPGLBCV?QN
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?NJGA?AGgLBCQSQPCASPQMQCLJ?AMLQRPSAAGgL PCLMT?AGgL ?KNJG?AGgLM
GKNJCKCLR?AGgLBCNPMWCARMQBCGLDP?CQRPSARSP?CLA?PPCRCP?Q NSCPRMQ FGBPMTe?Q 
DCPPMA?PPGJCQ CLCPEe?WQ?LC?KGCLRM FRRNUUUDERQEMT@PRP?@?JF?BMPDG=DERQ?QN

 


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?ASCPBMAMLCJNPMNGM@?LAM".$%3?NPM@gDGL?LAG?AGMLCQBC2 @GJJMLCQ
BCPC?JCQN?P?NJ?LR?BC*GP?SW2 @GJJMLCQN?P?J?BC3?L!LRMLGM

%J EM@GCPLM ?ARS?JKCLRC RGCLC AJ?PM JM OSC BC@C QCESGP  BCQBC CJ ?fM  
TGCLCPC?JGX?LBMCQDSCPXMQLMQgJMN?P??SKCLR?PJ?MDCPR?BCCJCARPGAGB?B QGLM
R?K@GbL N?P? AMLTCPRGPQC CL QMAGM K?WMPGR?PGM BC JMQ LSCTMQ BCQ?PPMJJMQ CL
CQR?\PC?%J%QR?BM?QSKC?QeQSN?NCJBCNPMNSJQMPBCJ?CAMLMKe? JMAS?J
CQ AMFCPCLRC AML CJ BGQASPQM BCJ CV NPCQGBCLRC ,SGQ )EL?AGM ,SJ? B? 3GJT? 
AS?LBMCP?A?LBGB?RM3GLCK@?PEM ?J?DCAF?JMGLAMFCPCLRCCQJ??ARGRSBBCJ
EM@GCPLM DPCLRC ? JMQ GKN?ARMQ QMAG?JCQ W ?K@GCLR?JCQ BC J?Q EP?LBCQ NJ?LR?Q
FGBPMCJbARPGA?Q CL J? !K?XMLe? #MKM JM BCQR?A? CJ )LQRGRSRM 3MAGM!K@GCLR?J

 J? FGBPMCJbARPGA? BC "CJM -MLRC ?N?PCAC AMKM SL? BC J?Q M@P?Q
CQRP?RbEGA?Q BCJ NPMEP?K? !T?LX? "P?QGJ  NCPRCLCAGCLRC ?J EM@GCPLM BCJ
NPCQGBCLRC &CPL?LBM (CLPGOSC #?PBMQM  ?LRCACQMP BC ,SJ? #S?LBM CP?
A?LBGB?RM  ,SJ? W QS N?PRGBM QC MNSQGCPML RCL?XKCLRC ? CQR? M@P? %L CJ
AMLRCLGBM CQNCAG?J QM@PC %J JSE?P BC J? !K?XMLe? CL CJ BCQ?PPMJJM BCJ "P?QGJ 
N?PRCBCJNPMEP?K?BCEM@GCPLMBCJNPCQGBCLRCCJCARM JJ?KgJ? ?RCLAGgLQM@PC
CJQGESGCLRCFCAFM

$MQ NPMWCARMQ TGCLCL QGCLBM M@HCRM BC GLRCLQMQ BC@?RCQ J? NJ?LR?
FGBPMCJbARPGA?BC"CJM-MLRC CL0?P\ WCJBCE?QBC5PSAS CLCJ!K?XML?Q
!BCK\Q BC CQRM R?K@GbL CQ NPCMASN?LRC J?Q  PCNPCQ?Q NPMNSCQR?Q CL J?
#SCLA? BCJ PeM !P?ES?G? W 4MA?LRGLQ ,? K?RPGX CLCPEbRGA? @P?QGJCf?  OSC
BCNCLBC @\QGA?KCLRC BC J? CLCPEe? FGBPMCJbARPGA?  AML J? AMLQRPSAAGgL BC
KCE? NPMWCARMQ BC PCNPCQ?Q BC PeMQ  ?DCAR?P\L J? #SCLA? !K?XgLGA? 

#MLQGBCP\LBMQC J?Q A?P?ARCPeQRGA?Q BC J? !K?XMLG?  CJ AMLMAGKGCLRM
DP?EKCLR?BMCGLQSDGAGCLRCOSCQCF??ASKSJ?BMCLQSQBGTCPQ?QDMPK?QQM@PC
J? PC?AAGgL BC J? L?RSP?JCX? CL PCJ?AGgL ? J? AMLQRPSAAGgL BC PCNPCQ?Q CL QSQ
ASCLA?Q LMCQPCAMKCLB?@JCPC?JGX?P?AGCE?QCQR?QAMLQRPSAAGMLCQR?JAMKM
JMTGCLCF?AGCLBMCLJ?NP\ARGA?%JCARPMLMPRC N


,? NMJeRGA? @P?QGJCf? CL PCJ?AGgL ? J? ECLCP?AGgL BC CLCPEe? CJbARPGA? CQ SL?
DSCPRC CTGBCLAG? BCJ PMJ OSC CJ %QR?BM ?QSKGg BCQBC CJ  %VGQRGg SL
?SKCLRM BC J? GLTCPQGgL Nj@JGA? CL BGAFM QCARMP  AML NMA? M LGLESL?



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.MRGAG?QCLCPEG?="CJM=-MLRCFRKJ#MLQSJR?BMCJ

FRRNUUU@LBCQEMT@P3GRC".$%3@LBCQ@LBCQ=NR)LQRGRSAGML?J3?J?=BC=)KNPCLQ?
.MRGAG?Q%LCPEG?=HGP?SFRKJ#MLQSJR?BMCJ

FRRNUUU@LBCQEMT@P3GRC".$%3@LBCQ@LBCQ=NR)LQRGRSAGML?J3?J?=BC=)KNPCLQ?
.MRGAG?Q=LMR=FRKJ#MLQSJR?BMCJ

%JJSE?PBCJ?!K?XMLe?CLCJ$CQ?PPMJJMBC"P?QGJ 0PMEP?K?BC'M@GCPLMBCJ 
#M?JGAGgL,SJ?0PCQGBCLRC#M?JGAGgL,SJ?0PCQGBCLRC0, 0-. 0#"$GQNMLG@JCCL
UUUDN?@P?KMMPE@PSNJM?BQMJSE?PB??K?XMLG?LMBCQCLTMJTGKCLRMNBD
 


NPCMASN?AGgLCLJ?@jQOSCB?BC?JRCPL?RGT?QBCCLCPEe? MCLJ?PCBSAAGgLBC
QS AMLQSKM ? RP?TbQ BC SL? K?WMP CDGAGCLAG? -\Q GKNMPR?LRC ?jL  AMKM QC
BCQNPCLBCBCJA?NeRSJMWCLCJ@PCTC?L\JGQGQPC?JGX?BMNMP"CJM-MLRC CQJ?
GLBGDCPCLAG? BCJ EM@GCPLM OSC ?J NPMACBCP AML J? CHCASAGgL BC CQR?Q M@P?Q QC
NPMBSXA?LJMQGKN?ARMQ?K@GCLR?JCQWQMAG?JCQ

$CLBPMCLCPEe?

%JA?NeRSJM CJ?@MP?BMNMP!QQGQW#?PLCGPM RP?R?BCSLAMLRCVRMOSCES?PB?L


QGKGJGRSBCQ NCPMR?K@GbLQCBGDCPCLAG?LBCJ??AAGgLBCJ%QR?BMCLCJQCARMP
CJbARPGAM,?NPMBSAAGgLBC@?PP?QBCFGCPPMCLJ?!K?XMLe?CLJ?jJRGK?
BbA?B?QCF?LTGQRMK\Q?DCAR?B?QNMPJ?QDSCPX?QBCJKCPA?BM NCPMJ?
GLQR?J?AGgLBCJ?GLBSQRPG?QGBCPjPEGA?CLJ?PCEGgLR?K@GbLQCNPMBSHMNMP
KCBGMBCJ?NMWMCQR?R?J NPGLAGN?JKCLRCBCQBCCJJ?LX?KGCLRMBCJ0PMEP?K?
'P?LBC#?P?H\Q CLCJ?fM%QRCNPMEP?K?QCGLQCPR?CLJ?NMJeRGA?BC
MASN?AGgLBCJ?!K?XMLe?CLCJEM@GCPLMKGJGR?P ASWMM@HCRGTMCP?AMJMLGX?PJ?
PCEGgL?RP?TbQBCJ?KGEP?AGgL CQNCAG?JKCLRCJMQNPMTCLGCLRCQBCJ.MPCQRCBCJ
N?eQ!BGAGML?JKCLRC J?NPMBSAAGgLBCKGLCP?JCQQCRMPL?Pe?F?AG?CJKCPA?BM
CVRP?LHCPM W?JECLCP?PbQRMQLSCTMQGLEPCQMQAMLRPG@SGPe?L?J?@?J?LX?BC
N?EMQBCJN?eQ OSCCLCQCCLRMLACQRCLe?SL?EP?LBCSB?CVRCPL?

%J0PMEP?K?'P?LBC#?P?H\QRGCLCQSQMPeECLCQCLJ?BbA?B?BC ?N?PRGP
BC SL CQRSBGM AMLRP?R?BM NMP J? CKNPCQ? KGLCP? |#MKN?fe? 6?JJC BCJ 2eM
$MAC} #62$
QGCLBMCL?OSbJCLRMLACQCQR?R?J#62$F?@e??BOSGPGBMBCJ?
CKNPCQ? CQR?BMSLGBCLQC |5LGRCB 3RCCJ} JMQ BCPCAFMQ KGLCPMQ BMLBC QC
CLAMLRP?@?S@GA?B?SL?PGA?NPMTGLAG?CLKGLCP?JCQCLCJCQR?BMBC0?P\%LCJ
?fM SLEPSNMBCRbALGAMQH?NMLCQCQDSCPMLAMLRP?R?BMQNMP#62$N?P?
NPCN?P?PSLNJ?LGLRCEP?BMBCBCQ?PPMJJMCLJ?PCEGgLBC#?P?H\Q%JBMASKCLRM
GLGAG?J GLQNGPg ?J CLRMLACQ KGLGQRPM BC (?AGCLB?  $CJDGK .CRM  N?P? NMLCP CL
K?PAF? CJ 0PMEP?K? 'P?LBC #?P?H\Q 0'#
 NMP KCBGM BC SL $CAPCRM,CW
#MCJFMCR?J 


!BCK\Q BC J? CVNJMP?AGgL KGLCP?J  CJ 0'# GLAJSe? NPMWCARMQ ?EPMNCAS?PGMQ 
DMPCQR?JCQWBCGLBSQRPG?JGX?AGgL%JBCAPCRMOSCAPC?@?CJ0'#CQR?@JCAe?SL?
QCPGC BC GLACLRGTMQ DGL?LAGCPMQ N?P? ?JCLR?P ? J?Q CKNPCQ?Q GLRCEP?LRCQ CL CJ
NPMEP?K? 5L NJ?L BC BCQ?PPMJJM PCEGML?J N?P? CJ \PC? BC GLAGBCLAG? BCJ 0'#
DSCCJ?@MP?BMNMPJ?!ECLAG?*?NMLCQ?BC#MMNCP?AGgL)LRCPL?AGML?J *)#!
%J
BMASKCLRMAMLRCLe?SL?QCPGCBCNPMNSCQR?QN?P?CJBCQ?PPMJJMGLRCEP?JBCJMQ
PCASPQMQ L?RSP?JCQ S@GA?BMQ CL J? PCEGgL BC #?P?H\Q  J?Q AS?JCQ LSLA? QC
K?RCPG?JGX?PML%J0'#DGL?JKCLRCQCAMLTGPRGgCLSLNJ?LBCGLACLRGTMQDGQA?JCQ
WAPCBGRGAGMQN?P?CJBCQ?PPMJJMBCNMJMQBCBGA?BMQ?J?CVRP?AAGgLWNPMBSAAGgL
BC@?PP?QBCFGCPPMWN?P?J?CVNJMP?AGgLBCK?BCP?CLJ?PCEGgL #MCJFMCR?J 





$CAPCRM,CW.r BCJBCLMTGCK@PCBC
 


3G J? GKNJCKCLR?AGgL BC J?Q GLBSQRPG?Q KGLCP?Q W KCR?JjPEGA?Q GLGAG?JKCLRC
RSTGCPMLSL?N?PRGAGN?AGgL?ARGT?BCJ%QR?BM ?N?PRGPBCJ?fM  J?QDSCPX?Q
BCJKCPA?BMPC?JGX?PMLSLDSCPRCGKNSJQMN?P?QSAMLQMJGB?AGgLWCVN?LQGgL R?J
AMKMJMQCf?J?L!QeQW#?PLCGPMCLCJA?NeRSJM,MQNPCAGMQBCJ?Q@?PP?QBC
FGCPPM?SKCLR?PML?SLLGTCJBCBgJ?PCQNMPRMLCJ?B? ?BgJ?PCQNMP
RMLCJ?B? ?NPMVGK?B?KCLRC CL CJ ?fM  %L CQC ?fM  J? APGQGQ DGL?LAGCP?
EJM@?J RP?HM F?AG? ?@?HM JMQ NPCAGMQ BCJ FGCPPM  NCPM CQR? BGQKGLSAGgL DSC
RP?LQGRMPG? BC@GBM@\QGA?KCLRC?OSC#FGL? NPGLAGN?JAMLQSKGBMPKSLBG?JBCJ
NPMBSARM  K?LRSTM QS CAMLMKe? KSW ?ARGT? !Qe  CL CJ  JMQ NPCAGMQ LM
QMJ?KCLRCQCF?@e?LPCASNCP?BMQGLMOSCN?Q?PML?SLLGTCJBCBgJ?PCQ
NMPRMLCJ?B?

$CQBCCJNSLRMBCTGQR?BCJ?QNMJeRGA?QBCBCQ?PPMJJM QCNSCBC?DGPK?POSCCJ
0'#F?QGBMKSWCVGRMQM3CAPCgSLEP?LNMJMBCKGLCPe?WBCQGBCPjPEGA?CL
SL? PCEGgL PSP?J  ASW? CAMLMKe? QC @?Q?@? CL J? CVRP?AAGgL BC TCECR?JCQ BC
@?HMT?JMP?EPCE?BM%LJ??ARS?JGB?B J?PCEGgLCQR\QGCLBM?RP?TCQ?B?NMPSL
DCPPMA?PPGJ  OSC SLC CJ NMJM AML SL NSCPRM KMBCPLM CL J? AMQR? BCJ CQR?BM BCJ
-?P?fgL ,MQ NPMWCARMQ  BGPCAR? C GLBGPCAR?KCLRC PCJ?AGML?BMQ AML CJ 0'#
ECLCP?LCKNJCM GLEPCQMQ WNPGLAGN?JKCLRCBGTGQ?QN?P?CJN?eQNMPOSCQCRP?R?
BCSL??ARGTGB?BOSCQCCLASCLRP?ACLRP?B?CLJ?QCVNMPR?AGMLCQ!QGKGQKM CJ
GLDMPKC PC?JGX?BM NMP !QQGQ W #?PLCGPM BCR?JJ? KSW @GCL OSC CQR? GLBSQRPG? CQ
AMKNCRGRGT?  LM QgJM NMP J? PGOSCX? KGLCP?J BC J? PCEGgL  QGLM R?K@GbL NMP J?
?@SLB?LRC MDCPR? BC A?P@gL TCECR?J OSC QC CJ?@MP? ? N?PRGP BC JMQ @MQOSCQ
L?RGTMQ !BCK\Q  QCEjL 2CGQ 
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ECLCP?BMQCLJ?PCEGgLQMLBCQRGL?BMQN?P?J?NM@J?AGgLJMA?J  QMJ?KCLRCNMP
RP?R?PQCBCQCARMPCQOSCRGCLCLSL@?HMSQMBCK?LMBCM@P?MPGCLR?BMQF?AG?
J?CVNMPR?AGgL

0MQG@JCKCLRCJMQ@CLCDGAGMQCAMLgKGAMQCQR?Pe?LKCHMPBGQRPG@SGBMQNMPCJ0'#
AMLCJPCQSJR?BMBCJ?NPMBSAAGgLBCA?P@gL%QR??ARGTGB?BGLTMJSAP??KGJCQBC
NCOSCfMQ?EPGASJRMPCQBCJMQCQR?BMQBC0?P\ 4MA?LRGLQW-?P?fgL3CBC@C
NPCAGQ?P R?K@GbL OSC CQR? R?K@GbL CQ PCQNMLQ?@JC NMP CJ CLMPKC N?QGTM
?K@GCLR?J CL CQR? PCEGgL  CL CQC QCLRGBM QC NSCBC ?DGPK?P OSC J?
AMKNCRGRGTGB?BBCJ?GLBSQRPG?GLQR?J?B?CLBGAF?PCEGgLLMQCBC@CQMJ?KCLRC?
J?PGOSCX?KGLCP?J QGLMR?K@GbL?J@?HMNPCAGMBCJA?P@gLTCECR?J

,MQB?RMQNPCQCLR?BMQCLCJA?NeRSJMKSCQRP?LOSCCJAMLQSKMBCA?P@gLQC
GLAPCKCLRg A?QG BGCX TCACQ CLRPC CJ ?fM  W CJ  0MP JM KCLMQ SL?
AS?PR?N?PRCBCJA?P@gLOSCQCAMLQSKCNPMTGCLCBCJ?BCDMPCQR?AGgL A?LRGB?B
OSC NSCBC QCP ?jL K?WMP  AMLDMPKC ?BTGCPRCL JMQ ?SRMPCQ  CQRM BC@GBM ? JMQ
DP?SBCQCVGQRCLRCQCLCJQGQRCK?BCAMLRPMJN?P?CJRP?LQNMPRCBCJ?K?BCP?WCJ
A?P@gL %J ?PESKCLRM NPCQCLR?BM NMP !QQGQ W #?PLCGPM BCH?L CL AJ?PM OSC J?
GLBSQRPG?QBCJ?Q@?PP?QBCFGCPPMF?QR?F?ACNMAMFGAGCPMLSLCQDSCPXMKeLGKM



FRRNDMSLBPWE?RCAMK@PLMRGAG?QTCPQM@CNPCAMBMDCPPMESQ?#MLQSJR?BMCJ

 


N?P??SKCLR?PJ?NPMBSAAGgLBCJA?P@gLTCECR?J?N?PRGPBC@MQOSCQASJRGT?BMQ 
W OSC R?JCQ BCAGQGMLCQ QC TGCPML ?DCAR?B?Q NPGLAGN?JKCLRC NMP D?ARMPCQ
CAMLgKGAMQ  AJ?P?KCLRC J? BGQKGLSAGgL BCJ A?P@gL CL \PC?Q OSC QC
CLASCLRP?L ?ARS?JKCLRC BCDMPCQR?B?Q W NMP JMQ GLQRPSKCLRMQ DGQA?JCQ
BCQRGL?BMQ ? J? GKNMQGAGgL BC R?Q?Q CL CJ RP?LQNMPRC BCJ A?P@gL CLRPC JMQ
CQR?BMQ

!NCQ?PBCJ?PGESPMQGB?BBCJ?JCEGQJ?AGgL@P?QGJCf? CQNCAG?JKCLRCBCJ#gBGEM
&MPCQR?J JMQKCA?LGQKMQBCQSNCPTGQGgLWAMLRPMJF?LBCKMQRP?BMQCPGLjRGJCQ
N?P?BCRCLCPJ?R?J?GJCE?JCLCQR?PCEGgL,?JCLR?QSQRGRSAGgLBCJA?P@gLL?RGTM
NMP MRP?Q DSCLRCQ BC @GMK?Q? LM PCQSJRg QCP SL? LMRGAG? R?L @SCL?  R?J AMKM
GLGAG?JKCLRCNSBMN?PCACP%VGQRCLPCNMPRCQQM@PCCJ?SKCLRMBCJ?NPMBSAAGgL
BCJ A?P@gL BC AMAM |@?@?aS} N?JK? ?ACGRMQ? OSC QC CLASCLRP?
ECMEP\DGA?KCLRCS@GA?B?CLCJLMPRCBCJ"P?QGJ
RP?WCLBMAMKM AMLQCASCLAG?
J? PCBSAAGgL BC QS BGQNMLG@GJGB?B N?P? J?Q NM@J?AGMLCQ OSC BCNCLBCL BC J?
CVRP?AAGgL 0MP MRPM J?BM  JMQ @MQOSCQ OSC F?L QGBM ASJRGT?BMQ RGCLBCL ?
?SKCLR?P J? AMLAGCLAG? BC J? NPMNGCB?B ?EPeAMJ?  W BC@GBM ? CJJM  JMQ NJ?LCQ
N?P? CVN?LBGPJ?Q CLASCLRP?L SL? DSCPRC PCQGQRCLAG? CL JMQ KMTGKGCLRMQ BC
RP?@?H?BMPCQPSP?JCQ

%J?@?LBMLMFGQRgPGAMBCJEM@GCPLMDCBCP?JWBCJMQEM@GCPLMQBCJMQCQR?BMQBC
0?P\WBCJ-?P?fgLCLAS?LRM?J?JCEGQJ?AGgL?K@GCLR?J R?K@GbLQCCVRCLBGg?
J? JCEGQJ?AGgL J?@MP?J %VGQRCL GLDMPKCQ QM@PC RP?@?H?BMPCQ OSC PC?JGX?L QSQ
J?@MPCQ CL AMLBGAGMLCQ BCEP?B?LRCQ C GLAJSQM CL AMLBGAGMLCQ ?L\JME?Q ? J?
CQAJ?TGRSB JMQKGQKMQOSCPC?JGX?LJ?BCDMPCQR?AGgLWJ?D?@PGA?AGgLBCJA?P@gL
CL J? PCEGgL BCJ 0'# %L PCQSKCL  CJ bVGRM BCJ NPMEP?K? CQ KSW PCJ?RGTM !
NCQ?POSCAMLRPG@SWg?J?ECLCP?AGgLBCPGOSCX?Q bQR?F?QGBMK?JBGQRPG@SeB? 
AMLRGLS\LBMQC APC?LBM CL J? ?ARS?JGB?B CLMPKCQ N?QGTMQ QMAG?JCQ W
?K@GCLR?JCQ

,? NPMBSAAGgL BC A?P@gL CL CJ 0CPj QGESC SL? JgEGA? KSW BGDCPCLRC ? J? BC
"P?QGJ 3S M@HCRGTM F? QGBM MPGCLR?BM F?AG? CJ KCPA?BM GLRCPLM -SAFM K\Q
GKNMPR?LRC OSC CJ A?P@gL CQ J? JCf?  AMK@SQRG@JC OSC QC SRGJGX?BM NMP A?QG SL
RCPAGMBCJ?NM@J?AGgLNCPS?L? QCEjL!PAC #?NeRSJMBCCQRCJG@PM
3GCQRC
T?JMP PCQSJR? CJCT?BM CL J? !K?XMLe? 0CPS?L?  CL J? NM@J?AGgL BCJ
BCN?PR?KCLRMBC,MPCRMPCQSJR?QGCLBMK?WMP?jL W?OSC?JA?LX??SL
!PACR?K@GbLBCQR?A?OSCCJAMK@SQRG@JCRGCLCSL?CLMPKCGKNMPR?LAG?QMAG?J 
WBGDeAGJKCLRCNMBP\QCPQSQRGRSGB?NMP?JRCPL?RGT?QKCLMQAMLR?KGL?LRCQ B?BM
?QS@?HMNPCAGMWEP?L?AACQG@GJGB?B

3GNMPSL?N?PRCCQTCPB?BOSCJ?JCf?RGCLCSLK?WMPNMRCLAG?JBCCKGQGgLBC
E?QCQ BC CDCARM GLTCPL?BCPM OSC MRPMQ AMK@SQRG@JCQ AMKM CJ E?Q  CJ ?ACGRC
TCECR?J  CJ ICPMQCLC C GLAJSQGTC F?QR? CJ KGQKM A?P@gL NMP MRP? N?PRC  ?J
KCLMQ CL J? PCEGgL !K?XgLGA?  QS NPMBSAAGgL RGCLC SL CDCARM KSW NCOSCfM
QM@PCJ?BCEP?B?AGgLBCJMQ@MQOSCQ'P?LN?PRCBCJ?K?RCPG?NPGK?SRGJGX?B?
NPMTGCLC BC K?BCP? KSCPR? M BC PCQGBSMQ BC J? CVRP?AAGgL K?BCPCP? ,?
NPMBSAAGgL BC A?P@gL RGCLC SL K?WMP GKN?ARM BC@GBM ? J? BCK?LB? BC SL
 


K?WMPTMJSKCLBCK?BCP?N?P?OSCK?P?CQA?J?QRbALGA?QWCAMLgKGA?KCLRC
TG?@JCQ#MKMCJAMLQSKMBCJA?P@gLCQPCJ?RGT?KCLRC@?HMKCLMQBCJ 
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