[QHO L LLOD []HL GDH[Q DCNG UQQ PLDCN P]HLGD LLOG PHLD LGLH [QCS LW OU VCH
PLQLG ]H[DKYG OD LLOD []HL GD[ GOHJG ODC LLOG PHLDQ GOJ]GD []HL GOHFE GSNTG
PFESN HQHZL CO LLOG PHLO HSL]QG MNO MN ON VHEG ] CO RLLFU PLSHC[G PLQLG ]QHUO
PHLD []HL RNHTQH GZ HQYU UYWG [QHO L FHUH PLSHC[ [CH CO PL[FSDH RCN R[ LWU GQJOQD
VHEG ODC ]CW[S [DN GQYU GNQG LLOD HOLCH []HL GU G]HCD ]LSHLJ H]YLJ[ MNOH RHC[G
C[LH W[ O[GQO GL[C [HE U []HL GOHJH DCHF H]HOOND
PHLDH GO MHQTD GOLQG [JCO COC []G RLCH CZHF LLOG PHLD UQQ JD GOLQ PDQ[DH
PGLSLD COH GOLQO LLOG
CD[N GLHSG C]LL[DD PE LW OU VC GLO LUDLQ RLYLJ[Q VC LCQQ CZLF HGLL]HHN RL]LS]Q
LWU GSQG RHO ZHLF LSWQ GOHN C]LL[DG RHO DQ CD[ FDOD RLYLJ[Q COC VC [QCS CO
R[H CD[
GNQ LDE OUQ RQH RLQJ RLUSHQ RLC D[ [QCF GNQ LDE OU RLQJQ U[E LQ GOLQ ]YJ[G FT LCF
"]D D[UQ HQJHG RLQJO ]DD HQJHG RLQJ RLD MO LS COH VTHL D[ GO VLZ]Q ]DD
FJC [DC HOLWC PGD XHJ[O [HTC ]DD HQJHG RLQJ RCNQ JLNHGO D]N HZT HN PG[DCREQG
OYC ]DD HLFL PQJO CO [GIGO C[G D]N RLFO PUKG HGI D]NH GOLQ ]YJ[G RLSUO RCN HQN
]DD HQJHG RLQJD GYLJ[ [HTLC PHQ GOLJ] RDESL CO PC GOLKS [JC CG
LS]ZFQ [CDO C[QEG GNLQQ LWN [HTLCD HQJHGN [DHFQ HS]LEHTD L[G H]LLC[D PLZWZWQ LH
LN LLOG PHLD PLQNJ PL[THC RN OUH ]DD RLQJG ]QJG OU [DHFQ UQQ HO CHG GSNT LSWQ
[]GD HQJHG RLQJD GOLQG ]C XHJ[O PLQNJ H[TCL HSUQ CO ODC IC GSNT RLC [DN P]UFO
GSNT RLC PEG [UKYQ HC GOHJ M[HY [FED CLG HI GYLJ[ OLH
OOND GI RLC FN JHC CSLS] GFHGLDUFHSG ]UF PQQJQ COH PLQG [LWQ COC HSLC RWHCD WNUH
LFN PLQJ PLQ PGLOU VLTHGO GYH[H PL[Z PLQD V[HJD HLFL XHJ[O HO GZ LQ RN OUH G[IEG
FDQ IJ LHOG KD LWU MHQTO GQ OU HO L P[LWGO
]YLJ[ [L]GO CTLE MFLCO HS]LEHTQ JLNHGO D]N PEH DHNZ CJ JHC GQ ]H[EC ]HD ML[CG RNH
RLQJD PLOE[H PLFL PLSW XHJ[O []HQ CSLFO [D]TQ ZLTGH U []GO HQJHG RLQJD [DC
PHQ ]D D[UQ HQJHGD VC HWHE OND [HTC RLQJD ODC@ PL[HWD HWHE ONH []GD ]DD HQJHG
OC[L M[HYO CO ]DD PLQ PQJ L[NS RHEN >]HCYJ[Q ][IE
GOZ VF
C[Z ML[Y PUK GQ HZG PLSHC[G ]DG ]C GJHF ZWT COH ]DG ]C GJHF LCFH H]O[U
OHGQ FOHSO HC THSLEH[FSC RLF FQOO CD DH]NG [ZLU H[LWH ]DG ]C GJHF ZWTG RLC HSFQOO
PF ]WKG ML[Y RLC
GOLQ ZWT MN ]DG ]C GJHF ]LCFH GOLQ PN [QHC L]LLG DH]NG COHO D]N PLSH[JCGQ L
U ]QC ]W LWU GOLQF GU ]HYQ OHKLD ZWT OHQ ]D OHOLJD ZWT RCN L L[G GJF]
DOZ
GOZ VF ]D
WS ]OYGN ]DJS LSWQ ]D GJHF GOLQ RLFG PUK FHUH J[ ]UFD DOZ OLUO ]CDHQG C[DTG LWU VLTHGO LH
WS JHZLW ZWT RLFN GZWTD VC [LQJGO ]UFG OU GOHU GLG NCH
]C ]HJFO ZWTG JND RLC H]HC GJHFG [DF L PC ZWT LH LCFH OHOLJ RCN L RHLN COC RN GSLC PLSHC[G ]UF POHCH
LCFHG
COC KUQ]S CO L[D UQQ ]DG ]C GJHF THSLEH[FSC COH ]DG ]C GJHF LCFH H]O[U
LHT[ UHGH CLC GOLQ OG PDQ[G HZTW RNH [NI CHG CQ GSHQO OHQLS ODC ZWTG ]QJQ ]D ]LLJFQ
THSLEH[FSC PC UQQ HE GOLQ FDC[D MC RSD[FQ HC C]L[HCFQ PC [CHDQ RLC MC OHJD LSLQD OHQLS THSLEH[FSC
]QJQ GOLQ DHLJQ L[QEO KUQ]S KZS TH]G ]UFD C[GQG POHCH C]L[HCF CZWT GI L[G ZWT
OHQLS OHJD CG ]DG ]C HLOU RLOOJQ RLC GSQG KW ]HUQQN GSHQO H]HC PLOQ RSD[FQ GC[S MC HLHSL
PLZTHWG L[DFNH
ML[Y PL[QHC LCQ ]LD ]DG ]C GJHF OHGQ CHGN FOHS COH ]DG ]C GJHF LCFH H]O[U
]DG ]C PLJHF RLC VLKGO ML[Y LCQ ]LDO VCH ML[Y HSLC PL[QHC GDH ]L[D PF HSQQ VLKGO
RSD[FQ COC HSLC C[GQG D]N PLWLKQ OHJD PUKGH H]WKGD
OOED CHG GJHF HSLC PUKG CD [O HQN Z]O PE OHGQ CHGN FOHS COH GJHF L C F H H]O[U RHOQ GC[S GLG G[HCNOH
FJCG XH[L]G LWO MC GHDN GO[U PHQ C]L[HCFQ DO HOHQO ML[Y OHJD ODC RLC CQ GHDN GO[U HO L CQ ZWTG
MNH RSD[FQ COC GSLC GWKGG PYU UQQ CQOUD C]NQTC C[ZH VLKGO YC C[DTQ HSUFL OHGQ CHGN FOHS TH]D
GO[U HO RLC OHGQ FOHSG GI NCQ GJHF LCFH H]O[U C]LL[DG [WO L
GHDN GO[U LSWQ ]L[D PF HSQQ VLKGO ML[Y OHGQ CHGN FOHS OU GDH D HZOJS CO
[QHO GY[ GHDN GO[U L CQ ]L[D PF HSQQ VLKGO ML[Y OHGQ CHGN FOHS L[LCQG D]N CLG
D]NH G[KUG GTN]]H Z[W]] RQI [JCOH [NLS HSLC H]HZLDFH H]HZF MH]Q [DD ZHDF ZF [HU KUQ
]][HN PHQ GOLUHQ ]L[D PF ]WKG HL[DFQ UQQ GWLOZ RLUN KUQ HOHQO ML[Y G]UQH FHU
GSLC GWKGG PC GQH[]D []HQ MNOH ][CS GO[UG RLC GWKGG [JCOH GHDNG GO[UG ]C G[LTQH
PLSHCEG H[LGIG GQQ UQQ RNH ]DG ]C GLOU OOJO UHFQH GWKGG GOLUHQ GQ GO[UG ]C G[LTQ
LCQ CQOUD GKL[ G]LG PCH MNO G[]L ]HSQHC ML[Y GT[ RFG ]QH[]D D]N GQQ RNH G[]L ]HSLFUDH ]JSD G]HUO
LCG LOHN
HOLWC GQH[]D ONHC OHGQ FOHSG RKZ CLI ]HQH[] PDQ[G L[DF OU FW[ MHSLJ ]JSQD GQ] GI LWOH
FYLNH O[U ZWT CHG GWKGG PFHZ L[G GO[UG ]]L[NO ]Q[HE GWKGG PC L[GH ]L[D PF ]WKG PFHZ
KZS RNOH GO[UG ][TG GSLLSU GWKGG H]KLN CHG MOHGH DU ]HQDLD L[LCQG PDQ[G OU RN GQ] [DNH GQH[]D ONHC
GQH[]D ONHC HSLC GWKG RHUKG
VHOZO ML[Y RLCH FDOD R[HWLYD PF KUQ ]WKGD LF GUQO IHCG L[DF LWU PLSH[JC HD]N MC
VHOZO GLG RLFD GHDNG GO[UG [LTGO ML[Y GLG PCH IN LTHT EJ [IULJC FSZ FHL CHIJ U G[KUG [HU
GSLCH G H D N CLG@ QQ GO[U ]DJS GSLC GHDN GO[U CHG [DFG [HCD COC G[KUG ON
ONQ COC GQH[]D OHNCO OHNL RNOH >PFCG FL ]J] HDNG [DF HQNH [HTCOH PHEWO GSLUD ]QLLZ
CLG GHYQ PF ]WKG RHLNH ]DNUQG GO[U GSLC LWUC GO[UD VLKQ DJS PF GSQQ VLKQG PHZQ
]HSNQ [HEQ PL[G PD CSZ QHJ [IS LSDC LWU GO[UD GWKG PHQ OHGQ FOHSO VLKGO L RN OU GOLQD
EOZ
CO E ZJYL [NI FNDN GQ L[QC ET DZUL
]UF VTHL
PL]D HZOJS GI LWOH@ GQH[]D [HTCH QQ GO[U ]DJS PCG ]D GJHFH CLG GHDN GO[U LCFH [QCF RCQO ILWO UY
KUQ]S ZWT CLG RHLN HID HI ]HLHO] ]HZHOJQG L] RN]LH QQ GO[U ]DJS GHDN GO[U PCGH LCFH HC ZWT PCG
H]OLQ NLWUCH FLQ GQH[]D ONHC CQ HC >P ZJYL [NID D]N HI C[DT GO[U GDHJ GSLC GO[U ZWT H]O[U Q [DFG
O[U HSLC PEG GOLQ ]HYQ PHQ ]D GJHF
GIDH CZHFD LSLQG PHL UDZS CO HLOUH HQYUO DHLJ CHG GWKG DHLJ PL[QHCH PLWLTHQ LH
OQG HOLCH PHLD ]L[D PF VLKGO ML[Y GOLOD OQH [DU PC CDT[ FHL CQ[G L[DF PL[CD]Q
RLSUO COC CS LCQH LSLQD VLKGOH [HIJO ML[Y HSLCH CYL GFLOO GSHQG MH]D PLQLG FJCD
OYI ZTL[DQ J[EG PD GSHQ MH]D VC LC[H LSLQG PHLD RLF HD [QCS CO GWKG DHLJ
C[QED [CHDQN@ LSLQD HOHQO L OHGQ FOHS ODC GSHQ MH] OHQLS RHEN GHDN GO[U P RLC LCFHN [HQC GI GC[SH
HO LSLQN CLC PDQ[G RHO ]HUQQNH >GJHF GHDN GO[U LCFH L PC ODC ZWTG OOED Z[ ]D GJHF HSLC
RN KZS [CG PHQ ZHJFO GZH FLQ HOHQO GLG RLFD CO PC LSLQD VLKGO DLHJQ UQQ LUL]D OHQL ]DD OJ
COC LSLQD HSLF OHGQ FOHSG VC G[HQ GSHQO PLOHQLS WUC LHT[ UHG RHO KW RNH OHGQ FOHS OU LCZ COH
OQ PC COC >OON GO[U GDHJ GSLC IC FU [WC@ LSLQD VLKGO ML[Y GHDN GO[U J L [CN PG PLSLF LS
]HCYQLG COD GWKG ML[Y OHQLS [DN [ED HSLYQ PN@ CQOUD GWKG RLF COC [CS CO GO[U P RLC [DNH HSQI MH]
GSHQ MH]D GWKGD GI RLF LFL CYL [DN COLQQH LSLQ ML[Y RLC GI OUH >GO[U
RNH GQYU G[KUD COH G[KUO MHQTG FLEG [HUD ]L[D PF VLKGO PLOGHQ GQN EGSQ GWKGG PHZQ
HD]N HQ ]HQDL C[GH TH]G L[DFQ JLNHGO CL FHL CJ RHLYO [HC OYI OHC CDC YD[EG D]N
[WC PLLZ FLEGQ ZOJN UQQ FLEG ON ][NLSN CHG GWKG ]HYQ PLLZOQ [EG UHSQ HD RWHCG
P CDHQD U FOZ VFD L[ L[DFQ UHQO D]N RNH ]L[D PF ]WKG ]HYQ PLLZO
GNOGH ]L[D PF ]WKGO [N G[KUG RQ GKQO ONF GC[SH D]NH GI EGSQ OU [U[U LCRHIJG MC
PHQ RL[DHUH UDYCG RQ VLKQN GIH G[KUG RQ GOUQO [HUD ]L[D PF ]WKG RLHUH GJN]S HI
PL[HCDH PLHFJ [WTD MQ] RNH EFSZ FHL ]L[D PF ]WKG RCN RLC [ED RNH VLTHL CO
CKLO DLLOC L[EGH OYI CKLO MCD[LHC I[EG HSL[HFD GC[HGG LFHQU LSQ L]ODLZH
GQYU G[KUD PE OHTWD OHQLS LQD HC OHQLS CHGN [LLE]GO CD [ED VLKGOH FLWZGO ML[Y
G[KUG OUQ [HUD PEH
GSLNG LWSN ]J] CHDO GI [EO GLO CJLSF LFGT RSC LN VLTHL RW H GODJ [HTLCO HJO RLCF HWLTHGH
PLSLF L]D ]YZQ OYC L[NSN DJL GI [UY LWK GLO [LQJH ZHWZW COD GNOGG LW OU GOHU RWHCD
J [YHSN RNH DJ ]L[DG [YHC VHTD ]L[D PF ]WKG T[KSHZ MH]Q PF ]WKG O GI RKZ [UYQ OC[LD
VLTHL OD PHQ HJO RLCH ENZ DJ FHL QECD ZTW HQN ]L[D PF DH VLKGO L ]H[LED ZWTH
COC ]HWS ]SNT CZHF HCO C[GH CDKL[G H[LW GSNTG LSWQ H]ZLSQH HLOU GJH HQC ODC
[UKYQ COC CZHF HCO P G[HQCG GSNTG [WO CLDG QZ ROGO CDKL[D DHLN U DOJGQ GO L [UY PHQ
TH]UH LOHJ ]SNT H[W FL[GH L[H PLQNJ H[L]G [UY PHZQDH HLOJ ]QJQ
KUQ]S [QHO LH PLOOJQ RLC PUKG [CD]S CO RLOOJQ RLC ]HO[U L] HO L LQH DU
RN]L >[DF ONO CHG O[U DHLJG PYUO COH HKUQ]S LSLQG PHL RLSUO Z[ MC@ PL] COH ]JC H]O[UQ
]JCH GO[UG CLG RGQ ]JC CO ]JCH GOLQ ]D RGQ ]JC [QHO KUQ]S RN]LH RGL] OU KHULQGH
FOZ
HOZ VF ]D
RLC MNOG >C[ZQ COH CLG C[DT [WC ILWOH@ RGQ LQ PLUFHL HSC RLCH [D OHFOF COC GSLC
PL[HCDH PLHFJ ]QC ]W LWU PLOOJQ
LWO G[DHU GIH GJW GI JZO RHEN FJCO OHQLS VTN ]SZQ GO ]JNQ CQJ [O CQOD
OU G[HCNO ]H[HND L[ ]UF VTHLD CDHQD U POHUO CD CO [DF ][LNQN ]DJS [DHU ][LNQ ]HUFG
HGI COG VHEG RLSZN ]H[LW RLSZ [QCF RCQO GZL RN PCH G[DHUO GJW HO [NQD FLQUGO HSJ[N
GSZQ PFC CQJ [ [DHT [QCS HI GUF LWO [WO L PLQNJO MHQTD HZG HQN PNO F CLQHF
UODOF GSZQ PFC RLC [DHT PE PCH G[DHUO GJW D FLQUGO ML[Y RLCH POHUO CD CO [DF
PL[FS OG VHT MOQG [U LWU L[W HQNH GOLDKG MN [JCH GFOL RHEN CQJ [O FLQUGO [WC COG
HOZ VF
UQQ CHG CQOUD [DD M]JQ HCO PCH OLGQ CZ [LW CHG LJ PC MWS GQQ H]HC RLOQ
DLLJ ODHJG D]N IJ PDQ[G OU HZG RCNQH L[WN DLLJ HSLC ]Q [DD ODHJG G[HCNO
GQ RN PC > KJHG ]FOH] GQS ]OLKS PHQ H[W PLSHC[ [CN COH@ FG ]FOH] PHQ
PLFEQ L[W PLLJ JH[ HD RLC [DFD CHG FG ]NCOQ O G[ZLU ON COG LJ HSLC OWSG MND
GI L[G HGUQD ]OUH] COH GOLQ ]HYQ HD RLCH OLCHG CQOUD [DD M]JQ H]KLO [WO LH
ICL ]HQDL LQOH[LD H[QC RNH OZOZQ PHQ [HKW M[HYO CO [D MH]LJN
[LUDQH ODHJD IZ OLUO HGDC LD[N PLZTHWG ]UFO ODC [HKW G[HDJD OZOZQ ILC ZTW H]KLO PDQ[G [QHO ML[YH
OZOZQ PHQ RCN PUKG RLC DLLJ
[HKW CHG FYG LWO COG ZWTG ]QJQ ]D GJHF H]OLQ RLC THSLEH[FSC PUK GQ GI LWO [QC] PCH@
CHG HI GOLQD VHT VHT RHLN OLH ]D GJHF H]OLQ DLLJ CHG FYG LWOH M[HYO CO M]JQ CHG
OZOZQ COH CHG RZ]Q MNOG ZWTG ]QJQ [HTC GLG GSG FU L[G JTWDH GQH[]D HOLNCGO OLUHQ
MLL COH PLO MH] ]HQL H]ZIJ LN J[ H[LWD U RHZL] P RLC [QHO ML[Y OWS ZWTD RN CO
>GOLNC RLSUO HOYC RHZL]
[HKW RCN Z[H@ PDQ[GO F PHQ DLLJ M[HYO PF CLYHGH ]QG [DD ODHJG GI LWO [CHDQH
DZUL ]HOGZ LWU GNOG [HCDD CDHG HKZT CCD IK PLFEQ L[WD D]N RN RNCH > OZOZQ PHQ
EDKO
LGZD U [YHZ PHQ DLLJ PDQ[G ]UFO HOHFLEQ [DF [ZHU [CN OWSG RQ M]HJD DLLJ HSLC UHFQ RDHQ HI M[FO C
S LTHT
PLO MH] ]HQO H]ZIJ HC GIG RQID RHENH PLFZH GQH[] ]OLNCO HSZ]Q HSLC THSLEH[FSC CYL D]N GQ LWO D
HSUQ CO GIH ]DD OHQLS CGL
THSLEH[FSCQ CLHZG ]DHLQ [ZLU ON LSLQ ]OLQQ KUQ]S THSLEH[FSC TH]G ]UFD C[GQQ GOZ OLUO CDHQG LWOH
LSLQG PHL ]OLQQ KUQ]S LN ]DD OHQLS HSLC MNO LWHD
]FHJQ M[FD PDQ[G ]UFO C[QEG L[DF DLLO FFY JO DZUL ]HOGZ UU E
CLHT[
GOZ
MH[URJOG ]UF ]DG ]C HLOU RLOOJQ RLC J RD ZWT I RD ZWT CLS]F CG COCH
PLOGHQ CQ[G ]UFH HLS[WYH H[U H[QES PC COC ]DD H]HC RLOQ RLC