E VF
CHG GQC PL[U LNG HOLWCH GLO CLHG C[]OQC ONLG CGF C[]OQC GO LSGL] CO G]UQ COC
[]HL ONLGG J]W GLDEGO GLG LHC[ []HL GHDED VC C[]OQC ]LLU GOLUHQ G]LG PCH GHDEF
D R[G LHFJ LWU H]HCSO LFN
OL CQH []HL OHFE J]WG HU CO GQO ONLGO ]H]OF HLG RHLN COG CZU[EG GZGH COC GF D OLUO TH]D ILUNH
J]W RLFO ML[Y UQQ FUHQ OGC J]W [QCSH OLCHG PLQHF ]HSHSETD LKEU[ JHC [IS LSDCDH CWDH CHIJD NNH
]HLHC[G ]H]OF HLG CO HOLC HQN CZHF J]W RLF RCN ML[Y GOLOD ]HOHUS ]H]OFG LWUC HSFQO GIQH RD[ZG ]KLJ ]UD
PLLZ]Q GIH GYLJQ COH J]W ML[Y PHQ RD[ZG ]KLJ ]UD ]HJH]W ]H]OF ML[Y C]HWOLG [HCD GI GC[SH@ OUSLGO
]H]OF L LWUC J]W RLF LCS]O ML[Y RN OUH >RSLC LQN ]H]OFG DLJQ HQYU GI ]UN OHUSO [THC RLFG PC Z[
NQ GOUQO GDEHQ J]WG GLG CO MNOG GOLOD ]HOUSSG
CQOLF PHQ CZHF HCO C Q O L F RHO POHC ]LSD]N ONLG ]LSD] CQOLF CLHZ LCQ LCGH
CYHLN HSLYQH POHC ]LSD]N ONLG ]LSD] ][HTQD HODZ MN COC D[ L[DF OU C]DHL] ]HUO RLC
R[H CDKL[ LWU FHQO]D GID
COC RN PLY[]Q RLC PHQ ELOWH CS] D[ HY[] CO D[O LZL]H C]LS]Q C[]OQC LHGL]H
CDKL[ LWU PLHTQ PUKD GSQG FLQUGO Z[ CD D[ RCN RN ONH ][JC [WC CON
]HDYU HOOGH ]HZJH HOOG COC G ]D GQCD ]HQC ON [QC RQJS D[F GLQQ CD[H DU
POHUOH ]HQC DH[ X[]O ML[Y H]KLO PE PL[QHC L OLUOF ]HLHZ R]HC ON HZG CO CD[ OU
ZTWS RNH PLSHC[ FHUH HOIL ]D PDQ[G ]UF RNH GI[ LWU ]HZJHD HC ]HDYUD [UO C[QHJO PLNOHG
HNET UHD
]HDYUO ]HZJH RLD Z[ CHG [WGGH PLJWK GD POHUO CHG [HULG CD[OH OLCHG PL[QHC LH
PLQNJ HHG C[QHJO RLD COHZO RLD ]HDYUD LHDQH GNHTDH ]HZJHD PLCOND [UO PLQNJ HUDZ
CD[ LWU ]HQHZQ KHULQD COHZ GIQ ]CYHL PC VCH DH[G [JC MOLO PGL]HFLQ
LWO HUDZ PGH PLQNJO RLFG [TQSH GNOGD GODZ]S GQC OOND ]HZJHG RG ]HDYUG RG RLFG [ZLUQ [QHO ML[Y HI GUFO
QECD [ZLUO KZS RNH G[IUD RLOHJ ZWT GI RLCH ]CKJ DLLJ GC[S ]HDYU ]HQC IK GDJ[ [G[O CLYHG PC ILWOH@ DH[G
COHZO VC HL[DFO L[G RN [QHO RLC CD[ ]UFD MC ]L[ZLUG CLG ]DYUG GQCG PUKQ KZS CHG COC IZ LTHT FHL
G[H] RLF OU PLQNJ HOZG FYLN [DFD PLZWHTQ HSCH MN HC MN [UO GLG GNOGG [ZLUQ PC >]ZJHD PLFFHQH PLQUW
PE PLOH[LD RLDH[LU RHZL] OU GSHQQ CKLO [OFL YD[G HO [TQ RQCS LO D]NH
]HQC [U FU GY[W OLZLQ GLG PLOH[L O GC[HGG RZI OYI KSOT OCHQ [ RHCEG T[EG
DJQO [WCF PHZQD [LQJQ GLG PSQCH RZ]O [WC GLG CON QT JWKG DHJO
CO GI ODC GWL RLUH GDHK GFQ COC GC[HG HI RLC [LQJQ GLG GI PSQCH QT JWKG
PLCHS PLOH[L L[LZLQ OC[L ]HDD[ LWOC HLGH@ [HFEO [WC GLG CO GUD [THC GLG
E
]UF VTHL
DHSG ]UFN GC[HG [ZLU CLG HI >[U[UQH GJHQ RLCD PD[ ]C[HG WU PLOH[L ]HYHJD CQ
GKO JHC LC RHIJ MH]Q OHJ EGSQN PLOH[L EGSQ L[GH TJGH
FYZ CJ ]H[EC XDHZ ][ECD D]N RNH OZGO VC QT JWKG DJO CHIJG KZS RLFG FYQ UQQ
PSLC FY L JWS ]HFLQ ODC JK ]HFLQ RLSUO CZHFH@ RHQQ CLYHGOH LC ]C [L]GO QT OFHECG
>J[NGD OFHECG ]FQD PLLHO]
FEDG ]WO MHQT QT CS QT ]LYLYD DZSG PHZQ ]HJ]WQDH L P D]N GQ GI LWOH
]UFN [LQJS PC PEH []HLH QT FU H]HUO LQF [LW H]KLO L[G CQOUD C[QHJ COC RLFG [ZLUQ HSLC
QT JWKG ]LLQJ UDYCG DJH[ L[G QT D ]HUO LF ][IH GYLQZ GQC ]HUDYC O PL[DHTG
GYLQZG DJH[O DH[Z GQCG DJH[H CQ ]HJSQD RSL[QCFN H]LL ][IGH H]KLO
F VF
ED[ M[YHG MNO GC[S PYQYL CO PLCON ]QC RSLUHQCO C]C CG ED[ CD[ MO [QC
COC ]HQYQHYQ HLGL CO HKHW LWO UQQ ]HSHHNQ HGL CO FDODH CQZ CS] L[DF [WO
H[QC ]HQC ON CQZ CS] [QC GQH PYQYL CO PLCON ]QC CZHF ED[ [QC MNO ]HZJH
LWU ]HZJH HOOGH ]HDYU HOOG COC ]HH ]HQCG ON RLC HSLLG ]HSHHNQ HGL CO FDODH PLQNJ
PLLJ ][H]
L PLCOND KHW ]HDYU RGQ LH ]HZJH RGQ L [QC CQZ CS] RHLN COG HSULQGO ED[ CD GQ L[WO P GZG
[DFGN VC ]HQYQHYQ HGL CO PLCOND PLQNJ H[QC ] H Q C O N HSULQGO ED[ CD [QHO RN]LH ]HZJHD FHFQO
[WO UQQ CO CDKL[D POHCH COHZO RLD C[QHJO RLD DH[G [JC MOLO PLQNJ HUDZ CD[O OSG CD[G L[DFNH COHZO
RN
b
GKJ X[C
HGI G GNHTD L[W [QCS RL[HULO GIG ZHTWG ON RSJ D[ [QCH HEH G[UH
PLWLTHQ LH GL]H[LWD [UO PLNL[Y G[H] L[DFD PE GD JD]Q DH]NG OC[L X[C O GJD
JIIL PLON ]SQQ POHCH HG GNHT ]QC ]WH [ LWU CZHF OC[L X[CD ]H[LWG OFHE LWO PL[UQ
PL[UQ C]NQTC COC HSLC GIG DH]NG CSZTQG LWO ]QC ]WD D]NH ]HSLFQG OOND LSHSLDD PL[UQ G[HCNO UQQ
CZHF OC[L X[CD HOCD COH ]H[LWG OND
R]WLOD ONHCH DTLQ RL[HU ]W COH RLKJ ]W T[W ]OLNC LFND GGL FU HLON HDO GLG
]HOLNC ON [CD ODC UEHSQG ]LDD COC [HQC HSLC PLKJ ]W LWO T[W ]OLNC [HUL PL[QHC L
DZT CW PG[DC REQ U ONHC RLQG H]HC O T[W ]OLNC LFN D PL[UQ RL[HTLC HC ]HHYQ G[H]D
VTHLD CDHQD U ]HZFD T[W ]OLNC RQI HUDZ PLZTHWG L[DFQ POHCH FHUH GEL MHSLJ ]JSQ PLFEQ L[WH
QNH R]WOD ONHCH DTLQ PLKJ ]W ]OLNC LWO PL[UQ POHUO HKZS GC[S KH[LWD EL ]H]L[N ]UF
KO LTHT JHC LC RHIJD
>PLZQO FJHLQ CHG HOLWC@ LOND G[QCS HIG GNOGG PLSHQL[N R[HUL PL]D LOUD LON ON DU
[HULG GID HD PLQ]Q RLLFU ODC PFC LSD LSLUD HN[U MQH DZSG LFL OU ]JWSH MOHG HLQ]
F