UEL GLG RN LW OU VCH CZL]U [FED H[HDU RLSUG GLGH HSLDC PG[DCQ GOHOT M[F HLSWO CYQ
PFC ]ULELO GH GLG HOQUH C]FJ [FED HOYC HLG HOLCN H]C[LDH G ]FHDUD ZLQUGO
]C HQYUD FTLLO GY[ CHG GU[ GDLDTD FOHS H]HLG MH]Q GCD ]QCG HWLJO H]WLJF
H[QC RN OUH []HL HOYC HQLLZ]L IC LN HUFLD FJQ ONG ]C CYHQG LC HQN ]FG ]HFHTL
HQYUD ]QCG M[F ]C CHYQO UELL]S FJC ON LN HLG PLOHZ ]HDCG OI[
HQYUD [[HUQ ]HOUW]GGQ [LLE]GO CDG [E HQN PHL OND ]HLGO ML[Y PFCG
QU EJ HGLOCQ D]NQ MH]Q PGD RSHD]Q CHG ]HLH]LQCGQ
PLTSG ON VHT []TC VC GOLOG ON VHT [J GQ
[HC PL[HW TS GLG MN GQJGQ [IHJG [HCG ]QJQ GOLO FHUD [LCGO OLJ]Q [JG GSG
[LC] [C HSL]HOE LQL ON OU CQEHF GIH ]HOED PFHUD VC PGO [LCGH LSG ]LDG RQ [IHJ
ITZ QU CU[] PL[HW OCHQQ P ]HOEG ]NJD HSFHUD VC GFL]UG GOHCEG RQ G[CG HSO
G[NGO HCD PL[HW O GOYGG TS LFL OU G[UG KL DJ GQO ]HNLOGD CDHQ [LW OYI CI[EGH
PLTSD M[HY RLC DH HI GE[FQO HULEG RHLNH H[HCH POHUG PHLZH GCL[DG FHTL CHG G[H]G PHLZ GQOG
GQLL]TS IC PLTSG ON VHT HGIH GCL[DG ]UD F RHY[N UDKG LW OU OGS]GO GOHNL GCL[DG COC PLLHOE
GD GQLOG GSHQCG ][NG > [J @ PHLG ]WHZ] GOLJ]GH PLLHOE PLTSD M[HY GLG GSHQCG ]HNJ ]WHZ]
]H[F U DF ]H[UL [WTQ CDHQ H[LWG [ZLUH GO OOGOH ]HFHGO PHLH PHL OND PL[]TSG PLTSD HSO LF
CN] QU FT] HFGQ LL ]LD
[WTD ZHQUH DJ[ [HCD U RSL[QC CZ DH]NO GS]LS "GNHSJ CNLC CGH PLTSG ON VHT []TC
FL GNHSJO CJ ZLFY L[W UUH IL XH[J ]HDJQ HS GOLO LTLT[
O VF
[Q]LCF H[D OU GCHYQ CS LCQH UQ ]CL[Z ]H[ZO [HTC GQHZQD GCHY CWW D[ [QC
[QC CFTJ D[H Z ]H[ZO []HQ [QC CSHG D[ CTNG ]LDD HLFL HLG HC H[D OU GCHY
GS[QC] L]HQYU ON PHQ COC CFTJ D[ [TC CO L[G PGLSQ CLG CLHZG [WQ L[ [HTC
JL[G ]QGHI PHQ CO ODC
LCQ RN PC GS[QC] L]HQYU ON PHQ [HTCO MLL RLC GQHZQD GCHYD GI H[LWO [QHO ML[YH@
RLC ]LC[S GSLC FQHUNH OLCHG [QHO L [DFG PUKDH [HTCO CWW D[F CQUK HSLLG CQ CLHZ
LZS HSLCH GCHYO FJHLQ [DC H]HC PHQ HC GS[QC] L]HQYU ON PHQ [HTCO LHOE PHZQ DJS GI
GF LQH[QH ]QC ]W CDKL[ LWU POHUO
[HTC J[OH []HQ G[O H[D OU GCHYQ CS LCQ HOC HGIH GQHZQD CZHF UQQ W[ L[DFQ [WO GC[S GLG G[HCNO
L]HQYU ON PHQ Z[ [HTC J[O VC L[ D]N GIH ]HQHZQ [CO GQHZQ RLD ZOJO CWW D[O GLG CO [QO RLD [QO RLDH
>H[D OU GCHYQ CS LCQ NCH CQGHI PHQ Z[ H[HTLC [DHTH GQHZQD COC [TC CO L[G ZOHJ W[ JNHQ NCH
KU
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RNOH CSHG D[Q CLG CLHZG KZS FHUH RCN CDKL[G KZS RNH P TH]D PE CDHQH GN ]HN[DD VL[G POHCH
EO QD U GLG CFTJ D[ O HD[ CSHG D[ PHQ PEH@ HL[DFQ GZQ C[QEF CQ]T LN H]HQN ZTW
HSD[H RHCE LCG D[ HOLCH GSHL HSD[ LFLQO]H CD[G ]UF GKHS GIOH P FL[G ZTW RNH KL RLOHJH
>GI[G GKS RNH C[QHJO CFTJ D[N HZTW OCSSJ
H[LW CTNG ]LDQ ]WSHKQ HFL HC FHUH VL[D GN F[WT L[WT ]T[E CTNG ]LDD HLFL HLG HC
CSHG D[ RLUO ]LC[SG GCHY GLOU RLC PEG GD ONHC PFC RLCH CTNG ]LDD JHSLZG ]QJQ GTHCQ HFL
[QHO GLHC[ GSLC HIG FLG L[G [THC CFTJ D[H OON GCHY PLCH[ HLSLUH HDO RLC L[G OOW]GO [L]Q
GN ]HN[D G ]HQJOQ GCS H[LW GIH DL]N GS[QC] L]QYU ONH GSQQ ]SSHC PFCG ]UF G[L
CQ PUKG [WQ L[ ]H]O COC R[QC CO TSNSH HLFL L] OKHS ELOWGH H[LDJ PU [DLF
[CH MH[URJOG ZTW RNH GOLKS DHLJ HSUQ CO GFDO GL]G OU ODC HLW MH]O GTH[W R]L
CD PC COC HI GOLKS OU M[DQ HSLC DSQG KZS RNH CUZ PG[DCREQG ]UFOH@ CUZ HJSZ PLZTHW
>ZOHJ LNF[Q[QCQGH ]W OHNCO
RCN H[QC GQ PL[WQH EQ ]HN[DD ]CDHQG C]WTH]G LWU ]JC HFL OHKLO ML[Y G]HG PL[DHT LH
OKHS CWLTD HSLS GQ ODC ]JC HFL OKHS PL[HQC PL[DFG CL[G LWON ]H]O COC HS CO
CDL[ PD PLSHC[G HD]N RNH GH PLFL ]OLKS ]HNOG ]LDG ][H]D CD[ LWU [DHFQ GOLNCD HLFL L]
U GOKS COH GD VW FLD ]H]O CD H[DTL PLDHTQG TCQQ PHQ COC RLFG RQ GSLC HI GOLKS [ZLU PL[DHT L C
]QC ]WD UUH LH]G [HCDD PL[HCDH PLHFJ
CWLTG [CDO LFN HSLLG ONCL CQ [QHO L[ M[YHG GIH GL]O ]JC FL ]OLKS ML[Y L[WO PE [WC HD]N L D
CZU[ LWU HLFL L] OKHS
L] OHKLO ML[Y GOLNC ]UD CO PE ]H]O HQYU U D H Z G P ]LDG ZFDD GC[G ]UF POHCH
L] OHKLO ML[Y GKHWN HS]LEHT ][W]Q MNDH >L[LCQ U [H[LDD ]HCDHTQ HLFLN WNU@ HLFL
HJSZ JHC [ZLUO C[EG KZS RNH ]H]O HLFL
XHJ GH[WG ]LD OU FHZD ROHNH PHLD HD FZQH OHFE RGN ODHK RLHFZ G[UH ]HOLDK QJ
[D]TQH G[IUO TSNSG PFC ON [CN COC PHLG ]DHJQ GSSLC LWO CZHFD OHJD G]LG FDOD HIQ
QJ GF CO ROGO PLSL TH] LWU ][N HSU PHZQO TSNLL PFHZ FZOH OHDKO HO L
PL[HWNG PHLD OHFE RGND GFHQ RSD[FQ COC GOLDK RHUK HSLC G[IUO TSNSG [HGK [QC GFHGL LD[O HOLWC [QHO P HFFYH
ON FHZO FHZQ HL]HFHDUH HLFED VLOJQN PHL H]HCD OHFE RGNG GHU RLHFLZH ]HOLDKQ [QHJH OZ C]L[HCFQ CLG
FHZO OHJQ RN
U[HYQ [QC GFHGL LD[O RN PCH D[U ]HSWO ODHK RGNG FL OLUO CDLZU LD[F CDLOC LLDCO L[G MNO ULLTO L G[HCNOH
C]LL[DD HS HQN HI GOLDK [DHT L[ PE COGH@ GSHC[ GOLDK OHDKO ML[Y PUK GQ ROGOFN D[UDQ ODK [DN ODHK HSLC
TH]G HZG HQNH WNGHLQ FHQOO RLC GFHGL LD[O GSG ]HQL [CD VC CQHI RDF [QHJHOZG PHQ CO PC >DO ROGO
]HOLDK [CQ GSHC[ GOLDK FHQOO L CWHE WNGHLD ]HN[LW GQN MH[WO L
VLTHGO COC GSLC LSWQ ]HOLDK [CN CO OHJD G]LG HI GOLDK MNO [WQ ED PL[HWNG PHL ]FHDU PDQ[G POHCH
DO ROGO L[ D]N RNH MHQTD GFHGL LD[ [QC GOLDK M[T HSLLGH GSQQ H[WL HFLD GSL GCQHK [HNIL PC H]SHHN
H]TLSN ]LC[D OHDKO ML[Y D[UD ODK LWUC GSG ]HQL [CQ []HL H[LQJG WNGHLD QQ P]KLO PE OYH GQ GF
OSN GFHDUO
W
O VF CQHL
FFLY RN FHZD GSHC[ GOLDK PE OHDKO ML[Y C]L[HCFQ CLG GOLDKG CQHI RD ]UFO [QHO PHZQ L PGL[DF LWOH
L[DFN LSLTQ GQO GNOG ]HOLDK QJ [DHT HSLC GFHGL LD[ PGL[DFO [QHO M[KYS GZ MC@ L[ ]UFD ROGO CZU[EG
JNHQ OHJD GSHC[ GOLDK ODHK LSWQ [QHO RLCH GI [DFD ]ZHOJQ L [WO PJL[NG GQH L[H DO ROGO CFTJ LD[
L[LQE [W]L L[O [QHO ML[YH HS]SQ P]TN COF FHZD ODHK [HDTL CFTJ D[ [QHO GQL] RN PC GNOGQ GSLC
GNOGQ C]L[HCFQ RDHLJ ]HOLDKG ODC RSD[FQ GDHLJ GSHC[G GOLDKG PU QJ ]HOLDKG ON MT [QHON ]HOLDK QJ
PLSH[JC NNH ][HTQD ]ODHZQG GNOG COC LSLTQ GQO GNOG CZHF HCO L[LQE RHO OL PDQ[GOH UD[C COC RSLC GQO
IQE PLOON JF CGN WUDH] PLCLDS ][H] DODYZ [LCL ]HJ D POHU ]HNLOG UUH DLYSG LHFJD U H]UFD
> L[LQE RHO ]HFHC
LCGH HGO C[LDT CQHI RDN GFHGL LD[F GLOU LELOWF RSD[ CQLS VTHL D[O LLDC GLO [QC DU
LSC GLO [QC "GCQHKD LLFF U[HYQ LSC CQOLF HC GFHGL LD[F HJN MULFHGO U[HYQ LS]ZF
TSNSG P]KLO PL[DHT L PLQNJ ]UF H[LWD OI PL[WQG HZOJS GCQHKD LLFF U[HYQ
PLZOHJ PLQNJ CDKL[G LHFJD [HWQ RN GCQHKD OLE[ CHG U[HYQ FDOQ OON GOLDK ML[Y RLC G[IUO
FHUH GSQPJOG [LW RNH RL]LS]QF CSLF OU
RLCD PNTHQ CHG G[IUD TSNSO GOLDK DHLJ CLEHTG MOGQQ GC[SG LWN D]N ]HNOG LKHZOD ODC
LLFF U[HYQ FDOQ ]L[J TSNSN GOLDK ML[Y HSLC D[UDQ ODK PC PL[DHT PLQNJ COC ZOHJ
GCQHKD
RSD[FQ GOLDK ML[YQ GFHGL LD[ PE L[G GFHGL LD[Q CLYHGO HCD CO HGO C[LDT CQHI RDN H[QCN HD]N TH]G GSG
ODKN GOLDK ML[Y U[HYQG RLC FDOD M[T PHQ GOLDKG GFHGL LD[O COG [G GQ] LWN PGL[DFO RDHQ RLC G[HCNOH
PSLC PLQNJ CQ CHG C[QED ZWTG KHW [DFN HKZS TH]G GC[S MC CQHI RDN C[QED HKZS CZHFD RN PCH D[UDQ
HD]N HGIH CDKL[G ]SDGNH MHQTD L[H LH] RHO KWQ UQQ RNH D[UDQ ODK CO LQO PE OON GOLDK PLNL[YQ
GOLDK ML[Y PLFHQ ONG D[UDQ ODK CO RWHCD HSLLG GFHGL LD[ L[DFQ LZHWCO HCD CO ZWTD RHC[G FYG LWO
G[IUO TSNSG ONO GOLDK PLNL[YQG RL]LS]Q P]T OUH GFHGL LD[H CQHI RD OU PLZOHJ PLQNJ [QHO VTHL D[O HJL[NG GQH
RLC PFC ON [C UQQH PLODHK PLU[HYQ P PLU[HYQG ]NO ]C[ZS RSD[O RN UQQ ]HFQ ]SQ ]HKW LN
D[UDQ HODK CO C]OQF CQ]TH PLODHK
ON [C HOLCH GOLDK ML[Y D[UDQ ODHK PEG U[HYQ PLQNJO ]HNHWG ]H[DTD PLQNJH GFHGL LD[ HZOJS GI LWO [LUGO LH
D[UDQ ODK [DN GOLDK ML[Y HSLC U[HYQ MWGO RLFG GFHGL LD[O HOLCH QC HODK CO HOLWC GOLDK PLNL[Y PSLC PFC
MHQTD UUH GOLDK ML[Y D[UDQ ODK CO PFC ON [CH
CO VF
RCN FU GFHGL LD[F GLOU LELOWF RSD[O LUDL] KHJLH GNH[C RLNT GUL HGQ HGO CLUDLC
C[QEG L[DF ]HKWQ CO GFHDU FLDU CZF CNG ODC GFHDU FLDU CZ COF P]G RSD[ L[QCZ CO
UQQ [WHT ]HUK L[W ]DL] [LFGQG D]N PSJOH L[WQ RN CLDG DUT O CDKL[G RHHLN GIO GC[S L[H
RCNQH D[UDQ ODK CO PC PE FDHU HSLCH G[IUO TSNS [CN OON GOLDK PLNL[YQ PSLC PLQNJ
PLCQKDH GF CO PLJDID TH]G RHOQ ZFZFO L RNH OSN RN PL[QHCG PL[WQG ]UFO UHLT
GID PLFHQ PLQNJ PCG G[IUD FHDUO TSNSG PFC OND COC GNH[C RLNT COO ZW]TGO PLOHNL HLGH@
CW