KWD PL[HCDH ]H[UG
OU PL[HKW HLG FJHLQ LHOLE COHO PUKG [WO L CS[Z CLONLQ COF CG CS[Z CLONLQF CGH
PEH ]HJW PGLOU PLFLWZQ PLSCH []HL PLJLN HOC PLZLIS DH[ LW OU LN CLONLQ COFD RG ZIS
HOCN PLZIS OU CSLQC GHG MNOG CLONLQ O ZISQ []HL PG PLOHOU []HL GZ GIN ZISQ G[LQG
CD KUHQ FTWG OU FJHLQ C[Z LUDF T ROGO HSLYQ DHLNH RLQHO]H G[LQ ]DHJ RLC
PL[WQD U R[ZD CO MC GI ZHOLJ HSL PLLHYQG OE[H RD Z[ [QHO PHZQ LH
UQQF [UDHQ ]CI KUQO CSLQC GHG COC C]FL[E C[DTQ HSLC GI ZHOLJ VTHL LZHQSD QNH GC[S FHU
RSLQLLZF FYG LWO K[WDH CD RHQKH [HDD PLON RHQQ LZISD [HKWO PL[HF HSLYQ LWN HQH] FU
][UDQG GOLNCD CZHF FT MNO ]ONHCG RD DLLJO CHG FJHLQ HFLJ NC [HKW OE[ OU C]G
QQ
RLZLIS DHLJ RLC CSLQC GHGF CLZ POG KS[EG [WH ]H[LW VHSLK HGI CLONLQ CO ]HWTH]G LWO
HOLC PE ]H[LW VHSLK RNOH FDOD H L ] H L H Q ] G ]C ZLIQN COH XWJ O H W H E ZLIQN COC
LQQ ZIS FYQ LN [HKW CSLQC GHG GQGDO HONCLL COC PFHZG PHQLO H[IJL CO HZHSLH HYJ[HL
L[GH XWJG LHQL LZIS OU PE DLLJ RO UQQ CZ P]HZSOH PYJ[O OHNL L[G HDLLJO RLC PWHED
GQGDO COC PLLHC[ PSLC G]UQ
[WO GC[S RN OU [WTG RQ [TJ [ZLUG IC LN HI C[DTO RHHLN GC[S RLC L[LWO HGSLFTWCF OCSSJ HSD[ RHOQ [LUGO L
OLUOF C[DTN
R[Z D ZIS RCN RLC MNOG HSLSWO L[WN COH []HL VCH GOLJ]DN ]HLGO ][IHJ GCHD]G [DHFQ GC[S CD[GQ
HC ]HQGD HO RLC LSWQ PC MNO FQHU GLG CO OL HL]HQGDO ]J ]ONCG PLOUDG ]ULSQ PHQH@
]J LQFN DLLJ FJ]GH >]J LF HO L
CLDQH[WD GLOU VLOD GNHOLG M[F G[UD GNHOLG M[F GWHED GZLIG OE[F GFOH]
GILCD LHO] RLC GNHOLG M[FD ON GS[ZD RLFG CHG GC[S ]HKWD G[CHYD EHID GLWD
R[Z COC OE[ H R PSLC GKLUDH GNLS PN ZISG O ]HSLLWCQG ]HSHN]D COC GZLIG [DC
IL ROGO CD[D [HWQ RNH
]FOH] GHO] R[Z RHEN GNHOLG M[F ZLIGH GLOU GO]S HC GD [HZ GQGDG OU ]HLGO LHYQ HSLC [DFD PE FHU [D]TQH
KH[LWD PUK ML[Y GI LWO COC RHLU ML[YH FDC[G PD CD[D U POHC DW L[ C[G L[DFD UQQ RNH CLG OE[G
H[CD TH]D UH RH[ZD ]NHQ GOEUH HCQD [HQJ PE CS]G GSQ IL ROGOH GLOU ]HLGO PLOLE[ PL[DF P]HC ON CS]G
C]HNL[YG
[QC JL ROGO HQYU CD[ H[LW OE[F GFOH] GLO L[Z LCQC GLO CLUDQF CD[O DU
XSC TH]H X[W HSD[ TH] OE[ O GFOH] ]H[H[YG
CLG OE[G ]FOH] ]H[H[YG GODZ]S CLG GNOG PL[DHT ONG D]N CD[GH
HGIH CHG OE[ ]FOH] O ]H[H[Y O ZIS LYJ RLF GI [DF [QCS GQYU GNOGD ]HDH]NF EWT L[ RHOQ HCLDG [DN
OE[O GNLLO LSLTQGQOGNOG COHO JU LL ]LD [WTD [LDTGH TSZ COH RHQQ CHG ]FQOQ GNOGG RCN L[ D]N
[CDH GWHEN DJLL GQGDG JN UFHL L]LLG CO GQ] R[ZNH CHG TSZ RLFQ ZIS LYJ DLLJ PCH L[QEO [HKW CSLQC GHG
COHO W[O VC [HWQ HQYU CD[D MC GO L[LQE C]NOG UHN CD[G L[DF [LW RNH CD[H W[ HZOJS GID P
CHG OE[F GFOH]H [JCQ RHQQ CHG UFHL L]LLG GNOGG COD PE C[D [CHDQ RNH PO ZIS DLLJ GLG C]NOGG
O CHG FJ DHLJH OE[ LDHLJ OONQ ]H[H[Y RLF GCLYHG GNOGG CD[O HI M[FD W[H CD[ ]ZHOJQ [W HT OC[ LHFLJDH
DCH DC OND L ]HFJHLQG ]HNOGGQ FJCN OE[ LSLF ][ETQD CHG ZIS LYJ [HKW W[OH GNOGG JNQ ZISLYJ
GF LQH[Q UUH C[H VL[ PDQ[GH L[ RHO U [LQJGO HC OZGO GCD GNOG G PCG ]HKL L] PLSHC[D UUH
G [JG ]OLC DIK LGZ KL
KZSH C[DTQ HC ]CI HSUQ GNOGQ CHG CSHQQ ]H[H[Y O ZIS LYJ GI PCG P C[QED PLH[LW LS HK CD[D UUH
RH[JCG FYN [ZLUO
OU ZOHJ CWW D[ [QHO HZLZIG LQH CWW D[O PE RN [QCL GHQ]O L PLD[G ]H[D G[KHWO
CD[ LWUCH MND PN[F L[G GLOUG RQ POQ C[QEG LOUDO [H[D GLG PHQ GC[SH HD[ CD[
CD[ LWU C]NOGN CWW D[ L[DF FLQUGO PGO JHS ZW]TS
GLLOUG RQ POQ CWW D[N GNOG VL[G D]N HGIH GLLOUG RQ POQ GLO CKLW CWW D[OF C[QEG OUD UFL RN]L PE
H]UF RN C[QEG UFL COC CD[N GLO C[LDT CQOF ROSQH
OLNCG PFC GI GUDQ [WO CDHQ PLSHCEG [YHCD
RHCE ]DH]D PFC GI GUDQ [QC D[ GUDQ LCQ
[JC GFQ H]QGDO
COH RD Q]QG PFCO GSHHNG D[ [WQ OLUWQ ][HY OOED COC OCHQN R O ]HUQQD GUDQ [CS GI LWO C
GQYU RO
ROGO H]KLO D[H PLFLD ZLIQN LHGF H[DJ ]QZ OU H[DJ ]QGD FLQUQ OI E[DSLH LL[EG PD [WO P ]H[UGD CDHQ D
FD DLLJ GI LC[ CO RSL[WF CG ILWOH EFY QHJ PLZTHWDH P PLSHC[D U ZLIQG PFCN LHGF RHCEG [DHTH HS
UYH PL[DF F DLLJ PFCD ODJ HOLC FLQUQ F CSHHED VC UQQ PL[DF
RNOH GJWH FDU PE UQQ GLG PFC LWO PFC COH GUDQ KZS CS]G PUK D]N VTHLLZHQSG
K PLJTW ]UF VTHLD CDHQD U FDUD PFC PD HQL OU OC[L RL[HJ LSD LDE G[QCS HI RHO KZS
GSHL HSD[ PD VTHS PUK ZQKD UUH
GLG LQ UQH PFC GSH GLG LQ UQ GSQG [FLT CLSG GFHGL LD[ LN D]N L FDC[GH
PGLSO GOHUG RHO HO UDZH R GSH
ZLIQ PD PFC ]HSNO FHDNG RQ GI RLC CLOUQ RHO CS]G [JD LWO [LW DZULO ]QC [WTD
]L]LQCG H]HGQH HQ OU COH HD LQGDG ZOJO HZIG ]C HTJLLH
LSCH HSH[TJ LHOLQO H]OLW]H H]ZD HUDKH PFC O H]HGQ LGHI [QCS [THQG LOUD PDH
DJ [H LOU PLN[HUG ][UGDH QU EJ HGLOCQ D]NQ UH POZQ I[EG PD GOLW]
]HDCG [FT D P] HSD[ [LW GQ LWO GSHL HSD[ PD ZQKLD H[LWG [ZLUN [H [WO L FHU
L RN PC [UDG PFHZH [HD [JCO [H LC DSEL LN ][WD [HQCG PFC HGI GUDQ GSQD
GUDQ RHO CHGH ]HLSHQKQH ]HSHWY [JC KKHJH WJQ DSEG LN GUDQ H]HSND CS]G ]CI IQ[ [QHO
HWLJH GZD RHO GUDQ D L[LCQG NHQNH HLSHWYQ HUDS HU HWJS MLC DH]NN
HQN LGH[QKQ RLOE]C HLSHWYQ HUDS HU HWJS MLC DL]NF RG GI GUDQ [QC OCHQH
OLSHOQ L[ R]HC GOEQ ]UD COC ]HZLIQ RSLC ]HSWYSG PLLSLG
[HG GOEQ DL]N HOLCNH OLUWQ HSLLG GUDQ RHOH GLHOLED CD ZILGG LN RG OU GUDQ CS]G GSLN ]CI OU H[LW
CLG GQYU RG CO HSLO GUDQH HOE[O [H CS] MHQTD C[QEG RHO ZLHFQH ]H[]TSG HLSL LHOLE LFL OU ZLIQ
HOE[O [H F CLQHF HSL ]C OLUWQ LJOUDG CHG GUDQG COC GUDQ
]HKLH PLOON
CLQHF OE[ COHZO LZS CO UHFQ PLSHC[G HOC OE[F CLQHF "ROSQ CS[Z CLONLQ COF R
PLLZQ LZGO ]HLH[WC L] LN PHZQ OND PEGH "CS[Z CLONLQ COFD DLLJ]L COH RF
"RHQQ ZWT ONN UD]SG ]OHZO LZS CHG LSHQQ RLSU RCN C[QHJO
]HSHQQD CS CO RL[HTLCD CS CO G[H]D CLG GFQ LN C[QHJO PLLZQ GI P] HSD[ D]NH
HGQ] [DNH RSLZQ C[QHJO OONG JNQ RLSHUH RLZOQ RLC D]N CJ ]OOHN GJL]WD PLFEQL[WG
HOZ ]D TH]D PE UH ZWTG FYQ COH CHG LCFH PUKQ UQQ TH]GQ RNH ]HQHZQ GQNQ HLOU
G[IUD RLOHJ PHQ PLHJ RLCH RD[Z DLLJO C[QHJO PLLZQ DUT DO PLJTWH
]HC ]Q IO JHC GQO L[HND ]H UUH JL C]L[HCF RHH]C [WTD ]HJNHGH ]HCDHQD [DFD ML[CG
FIQZ CJ LHOG KD FDT JHC ISDC N
WUCH RSLZQ COHZO RHQQD [DHTH ZOHJ [QHO L LOHCH P] HSD[ XH[L]N X[L] CO CD[G@
OLUO U HOC ][ L[DF [HCO H[W TJ[EGH C[QHJO RLZLIS ZWT CD[G D]N D GOUQO
[LQJGO CD[G [QC FUHQ ZWT P] ZWTD Z[ DLLH RCN CD[GQ S RLOCQ OC[EG [LUG [DN
>EQWG L[DF CH RSLZQ C[QHJO PL[QHC RLC RHQQD CD[G ]KL UQQ HL[DFOH U
[CHDQN RGD ][FS G[H]G ]HFLQ [CD PE COC FDOD ZGD [HQC HSLC RSLZQ C[QHJO GI OON
FKN[ IL[ CJ FHL GQ ]H[EC KL[GQG LWFD ED F VF RDQ[GO ]H[HND OG OU LICEOC KL[GQ LHFJ U QND
IUD CDHQD UU OZGO HZQ []HL OE[H R LQHO]D [LQJGO [QHJHOZ ]HUO HSO L COH GFT HN ROGO TH]D UH
GOZ G]LQD RHFO OZGO COC [LQJGO E FHQOO RLC UQQ ES RL[FGSTQ UYH HQ
PL[QHC RLC PLOHZ GF F PLJDID TH]G HD]N ]ZWQ HGLLSLQ LGF PGLS HCHDLH RG RLOHZ LFNQ
PGLS PLCD LIC PGQ FJCO ]WFUHQ GDLT RLCH PL[DFG LS L LHKLDG ]HUQQ OONDN COC RN
PG PLOHZ OOED PGLS ]HD[O RLC ]HUQQG OOND PL[DFG LS RLCN ODC RCND JOH RHEN
FJC ON OU LK[W [F ML[YH
UYH ED DJ QHJ GQ ]H[EC UUH LH GF Q ROGO TH] UH
]HC[W[W
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] H N Q S ]HFOH]H P S H L Q F FYQ DCO ]HTJHLQG ]HFOH] ]HFOH] LEHT LS RLD RLJDGO L
DCGQ ] H C Y H L H
RLSUN CLG GFOH]G ]HGQ ]HCQHKD RGD CYHLN RSLFH ]HDCO ]HQHFG ]HNCOQ RG ]HFOH]G ]D RLSUO
P]HDCN PSLCH []HL GOZ P]CQHK GCQHKG [HZQQ []HL PLZHJ[ PG RHLNH ]HDCG RQ PLCDG PLSDG
RSLC ]HFOH]G HOLCH RGD CYHLN ]D O ]HFOH] RLSUN RSLLSU ]HFOH]G RLZLIS RLSUO VCH
[DF GUQQN GFOH] GCQHKG ]HFOH]O GI GQHF PLHTQ RDHQD L[GH ]H[H[Y RG COG RGD CYHLN
LCQ CNG RS] GCQHK LDE RS] ]D LDE HGIH HD CYHLN GSLC RN OUH DCG LFL OU MQSH CYHLG
]HFOH]N RGD CYHLN HCO RGQ LH ]HDCO PSHLQF FYQ ]D O ]HFOH]N RG PGD CYHLN RGQ L
FHF ]OJSH LSW UH L]UQ ]HNQSG GCQHKF
RHQQLZIS ]HL[W [FT
PLSHC[G ON HKDO]S MLC GC[ "G]HC GJHF WUDH] ]DLJ RLSQ COC D]ND G[H] GOHFE
[ZHJH OCH HSLC PLFQHOGQ FJC VC KUQNH CQZCDD L[D RLZLIS ]HDC GUD[C [FTD PLSH[JCGH
[H ]HL[W UYQCD TL[]N GUHZ] [HDG ][W CHG COW PSQCH D]ND G[H]D P[FT PUK OU
M[HY RLC PCG HEH CHG JES [H LN UFHS HC HEH LC ]C [H JEL LN R[ZD HZLIG FUHQH P]
"HGQ GIG [FTG [W OU [HZJOH OHCO
GNQ Q OJG PFC ]]LQD ]H[DFQG ]HL[WG ON G[H] GQLFZG [DFO KHW PUK [LDTGO GC[SH
]C LC GNGH PLSC RHDL[L LNH FU HQCH HLDC GNQH HE[GO HGU[ OU LC FLIL LNH ]QH LC
HLOUD PE PYUD PFC ]LQG [H RLF RNH G[G GC RHTCH PLLQHL HC PHL RLFH FDU ]CNG FU HGU[
GD]N COH CZHHFD [H GQ OWS [HDG ][W G[H] GD]N RCN CZHFH HLOU ]HL [WHN COC ]QHL
LOUD ]OLWS RLSUO H]H[D [HDG HOLCN HDLLJO [HDG OUDN [HD G[HNO H]CUH G[H] GFLJ PFC
[H GOQGQ CO PFC COH [H P][FD OIJ HZLQUG MLC GID RDHQH PFC ]]QGO COH PLLJ
]HL[WG O [FTGQ COC PLFQHOG PL[DHT M[FN H[F FDOD
PLDH]N [HDG LFL OU PLZIS VC L[O RHLNQ HLOU HGQ] [H GF TH]G ]LLHZQ L[ OYLS GIDH
CHG [WHNQH [FTGQ COC GOQGQ KHUQG RLC "[HDD PLZISQ VC PFC KUHQQ CO GQO G[WD
PFCG KUQ]S
ZOJO G[H] GN[YHG RNO ]YDHZQ GKLD R]SHGL HSD[ PLSHC[G RQ FLJL FJC D]N GQ HGIH
[HDD PFCD [WHN [HKW RLF HSFQOO LFN [HG ]HL[W
ONH [H ]LQG [H RLF HSFQOO G[H] GNLQQ G[H] ][DFQ FDOD RHQQ LZISQN HLNU Z[H
E QU OYI MDY[Q L[EGO GSHL GOU RHQQ LZISD ]H[DFQG HL[JC ]HL[WG
GUD[C H[FG M[F OU [CDO ML[CGH LS[F [QHC GIG [QCQG C[GQ D]N GUDQ LCQ
D[J [DF POHUO ]HCDG DH]ND ]H[NIHQG ]HLSU[HW ]HDC F OU IQ[O HCD GSQD RLZLIS ]HDC
PHFT ]NLWGD [HWQN C G OQ CHG [HQE RHLON L FHUH KLOWH FL[ L PGDH DU[ H
]H[LWDH GCHD]D PSLSU OE[HR RNH [H JND ]HCHD] D[ L[G DU[O IQ[Q [H G
DY [HD LF[LQ LS]LLJ [HD LF[L PU L]OQS [DFO DH]ND OQS [HD G
HU CHG PHFC O HJN CLG POHUD D[JG JN HD IHQ[ RD PCH PFCD [DFQ PC GUDQ G
O HD[JQ OYSGO GOLW]D RHLUD] PC PL[HQC PG HU RLSUD PLIQH[Q PG HD PLZHTWG LS
GC[QD HU ]C ]OQTQG GLJD GULWHQ RG HU O HJN OU IQ[Q HLSHWYQ HUDS ZHTWD RNH HU
HNH]D H]CQHK [L]TQH HL]HT[W GC[QG [LIJO HGHOLQG PE OI[CN HNSO GTLS HGZLH F C[Z VLTHGO LH OCLSF
PEH HU LFED HDOD ]HN[DG ODLZ DZUL MWGOH HNH] GOE]L FL]UOH ZLFYN HLDCO PLSW GC[Q GLG HLWD FLY RNH
[NISN POHNQ GZ [UDG GH FCQ DHK PNH]H P[ HLFEHD OI[F HLFED JL[ ]C J[LH HLFEHD
C[GQGQ RCN FU HOC ]HLSU[HW FQ HS[QL M[D]L PGH
PLEHT GUD[C G[H]O PLSW PLUDH HI M[FD P[FTH GSQD ]HDCG ]UD[C [WO PHZQ L LOHC@
CD[OH ZLIGO COC GSLC H][KQ ON ZLIQDC R[ZG CHG GFHGL D[O RHC[G PG PLZIS O
[HF LOLQ ON HLFJL PL[DFG LS D[OH []HLD LHYQG ZLIQG OE[
PYU ODC HZIGD L[QEO LDLTW CHG LN [H G O [HQEG MWGG CHG ]JC GSLJDQ [HDG CHG LSG
]U OND ZISO OHOUH RNHQ CHG L[GH ZISO H]LLU ]OLJ] COLQQF ZIGH GOZ] GHGQ H]HGQH H][LYL
HFYQ GOHUW PH COO
HL]HD[ PD KOZ QU GSHL GOU OI MDY[Q L[EG ]HLC[D U GONQG HSLLG GUDQG CHG LLOG
H]SHHN RLC GI ZLIQ OCHQ G]OLNH GONC GQGD R OU HC D[O ZLIG PFC OU HC [W]Q GIH
CHWC EYLLQ GIG DCG ZLIQ O CYWJ GSLC H]LHHG PYU PEH MN ON LHYQ HSLC PEH CZHFD ZIS PO
ZIS ]HHGO PLQUWO PLOHOU MC PLLOLOPLZLIQ PSLC PQYU FYQ ]HJN
GLG CO H]CLDG JH[G COHO HD D[HUQG [JC JN PU VH]LD FLQ] GUS HZIS CG CHG LULD[GH
ZIS ON HFL OU P[ES
PLNHWG PLKDLG PE L COC OZD PLLTH [HQJD J]W GSQO [FTO PUK FQO G]C PL[DFG CYHQQH
C[QHJ FY HD L HD D[HUQ [JC JN GI CG GLHWY ]HJWG CLG R[ZG RHEN C[QHJH COHZ O
OSN ZLIQH MOHG HSLC [HDD RNH G[QO H]UF OU ]HOUGO ML[Y GLG []HL
HOLCH PLQLLHTQ PL[DF OU COC DLLJ HSLC [HDGH ONG OU DLLJ [HG HI M[FD [FTG [WO L FHUH
GQHFD RHQKG OU [HKW CGH HO LHC[G OU Z[ DLLJ RG HI FQO GUDQG MHH]D [UDGGH GUDQG
> PL[QHG [FT PSJ [QH GFD TH]G [HCDO
F VF
GZ P][LQ LSWQ L[LKW GWC ZLIGO R]SHHNF EUC HCO GQCH FDU GQCH FDUC GHGF LFLQ
UFLH@ JELO GYH[G [H LQS LNGH P]SHHN ]HUO ]HSQFIG HCYQLH ZLIGO P]SHHN L[G PGLOUD OU
ONHL HD[D PHZSO GY[L PC CHG GI PUKD GSHHNG [ZLU [DT MC HSKLSZL CQ F GSQG X[]QG
[HD MLL RLCH HKHWN [W]Q PUKG LC D[ X[]QH JELO HWZH] H[YL [HD SGH PHL OND
ONHL FLQ] COG HGDLLJS PC GSHHN COD GUS GC[S ZIGO M[YS GSQD [HQCG PUKG RN]L PE
GD[ CQUK CHG LC D[ [QCH GI PUK M[YHG CO GSHHND ZISD ODC GI RWHCD HD[O RN ]HUO
>PLZISG LSWHC OND [HQCG
VHTD U PLZHFYG ]HJFO COC ]QC HSLC HSKLSZL CQ PUKG C[QEG [DT [LW PLLJ ][H]DH DHFGQ C[GQD UU
CHG GD[ CQUK COC LN CO LC D[ X[L]H PLFL
CLEHTD UQQ H[LDJ O HLFE ZLOFLH MOLH HD[ HSKLSZL CQ HGD ]LC GD[ CQUK HCO
RLQHO]D DLLJ FDUG PYUD LN [DFG PUKH HFDU O C OU D[G ]C DLLJO RLFD GLG C[DTG FYQ