DT VF
[HFLG [QHO GQ LDY PNJ ]HD ULL]TS RCNQ HSCLDL HSQQ [JDHQ LS GLG PCH RHC[D GHYQ
]H[S ZLDFG LQ RHEN GHYQ LHILD PHQ G]LLJFD HJO RLCH HFLO GCD GHYQ ]QLFZ OU VLFU GHYQ
LHILDO HJL OCH GHYQ [HFLG PHQ RQD ZLOFL ]LI RQ HO HCLDG MN MH]DH GNHSJ [S ]HYQO GHU
[HFLG OLDD GJLSQN LHILD RCN RLC OL PE HC [HFLGD GHYQG PHLZ LSWQ GJFS LHILDG ]H[SG
GHYQ
OLJ]G CO RLLFUH PLFQHU PGLS PHQ LSG ]WFUGD LHILD RLC OL RCNH O DJH IO CJ DZUL]HDG ]UF RN RLCH
GHYQD ]HZTU]GD
LL Z[W
OYI [LG [[ [QCQ Q OLUO GC[
RLH RGLS HLGL R]HYQ PL[HWNG PHL L[LU LS
P]JLZO ]HYQ PLLZO [WC LW OU VC LSO EHI JZL ]Q OL[EG CO FU PC PGQ FJC ]Q
]LJFSH FDULFN GI L[G PGQ FJC [LL]SH RHC[G EHI LFZG [DN RHLN MC FJ EHI CLDL PC ]JCN
GF LQH[Q PLSHC[ LWU PLH PGLS ]HYQ
[LU ]HLGO EHIGQ []HSG [LUG ]C HUL RN CO PC XHJD GUSG [LU HJZO [DNN [DHFQ C[H]H LH]D HD]NH
FJ EHI HJZLH RHYLJ
]JCN GJLZO ]HYQ RLC XHJD ]HUO [LU RLLFU HSO RLC LWUC COC RN GC[S RLC C[QEG ]QL]TQ D]N CDKL[G POHCH
PL[HCDH PLHFJ [ L[C ][HDE UUH LCG LOHN G[HG ]C HLOU DD[UO MN ON
]LSHWY [WQ L[ GLS ]UDK O ]LD[UQ ]LSHWY R[Z OU KJS GLG [J O FLQ] DU
P H Z Q O ]LD[UQ ]LSHWY [WQ FL[GH JDIQG RQ GLSG ]UDKD J D I Q O ]LD[UQ
]UDKD COC QQ R[ZD CO MC JDIQG OYQ []HL GQN HZLJ[GO LFN RHWY VHTD HSLLGF ] H U D K G
[WTD PE UH CLC RLFLQ] PDQ[D UQQ RNH PHLG FESN HSLCH GNQ QG RLC GYZD LN RHWYG RQ GLS
DLYSG LHFJD U GLS ]UDK PUKD FHU [HCQG
MHSLJ ]JSQ LWU
DNUO DH]NG HLOU GS CO LN PHLG FESN CO KJ PC FDULFD DNUQ HSLC GC[SH
KC]
DOCO FLQ]D CDHQD U GLSLSUH HI GNOG [HCDD FHU
HDO RQI [THJQ RLC CFTJ D[ [DTZ "PHLG ]FHDU L[TJQF LIJ CO LQS XHJD GUSG [LUO
[LU DL[ZGOH [HIJO ML[YH OHTW PHLG ]FHDUO RHYLJG [LU PLFZG PC RCNQ PLJLNHQ L PHLD
RHYLJG [LU [JCO GDNLU MND PLSWD GFHDUG [FTD GSL DJS LN PHLG ]FHDU [JCO RHYLJG
PL[WQG HJLNHG LWN Q OLUO CLEHTG ]HKW RNH U EIS] DKU JHC [IS LSDC KN DJ OHDI ]LD ]QC ]W LWU
XH[L]D Q OLUO PLSL TH]D U
DNUQ HSLC FDULFD PL[DHTH PLJHF LH EG WNGHL ]FHDU OG PDQ[G ZTW RNH
RCN ZJYL JL FJC
DSZ
DT VF CQHL
ZTWF PDQ[G ZTWO []HT RLC GI RLFF UFH RLOHTW ONLGG ]H]OF HJ]WS PFHZ RKJ PLQO
G]UO GFLZ GSHC[G GHFZF PHQ ]LD RLC LW OU VC JDIQG OU ]HSD[Z PHLG RLDL[ZQF
OGC J]W LSWO L[ZQ FHZQG PHZQ J]W O OOJ FES CHG GD[ZGGF RHLNF CHDO FL]UO GFLZH
JH]W CGL J]WG O OOJG UQQ J]W RHOF HFES [HET CHG ONLG LNLG Z[ KUQ]S COH FUHQ
L[LWN HFES
HGHZ[W [JCO HC RNQG PLHOG HFLQUG PFHZ HKJ PC RNQD PEF C[QED C]LCF GQQ LZL] COH@
> FUHQ OGC LSWO GI L[Z CO NCH FHZQ PHZQ H]HC RLC P]GF RLOHTW
GHUD PHLG LHYQ HQN RLSD GILC LHSD ONLGG PHZQ OU PC PLSW ON OUF KHW GC[S PHZQ ONQH
FUHQ OGC J]W OOJ FES DH HSSLC WNU COGF JDIQG OU ]HSD[Z DL[ZGO [HTC DH COLQQ
LD GI ONF X[L]H HS]LHZ RN PE GZG ]HUHD CD[G LHFLJD L]CYQ GI LD]N L[JC PSQC
HGHZ[W [JCO RNQ RLSUO QQH U ]LD RLCN NCQ HJ]W FES GLGL RSLUD FUHQ OGC
RHO UYH [N PHLG PEF [WC GI LWOH LWK U[E RNQG ]HFZ ZO]TS RHLN CQOU LOHNO OHTW
GS PLJDI LDY [G [WTD UUH OI JJG OUDO GFH] JDI
FHQUL JDIQG [WC LOHC GI LWOH ONLGG PHZQD HOHN RLC PHLG P FQHUG RLSDG ]HSH[JCG ]HLOE]G LWO [LUG LQ L
ONLGG PHZQ OHQ
IZ PLJDID CDHQD U LHSD JDIQG RLCN GIG RQID XHJD PLFZ GOUQH KJH RLSUD
GS PLJDID CDHQD U ]HFHDU [CDH ]HSD[Z [CD ONLG ]H]OF ]JL]W RLFD FHU
LS O PLLS RLD OFDGG [HCLD
GSHL GOU ]WHTCD TWFS KY[] JO ZYHQD [QCS OYI MDY[Q L[EGQ MS] [HULO GJL]W PHCS MH]Q
MOLCH KS QU
PLZOJ PLQLLZ GI HFZ [WT OC TJLL]GO FYLN GOLJ] ]UFO HSLOU MS]G ]C FHQOO HSCHDD
CLG GOHFE LJKG KWG ]SNT P[WO M[HYG RQ RLC HOLCNH PL[CHDQNH PLKHWN PLC[SG
]C POHUO CYQL CO FDOD HI CO ]HSH]UD [QCQ GILC PLC[HZ HQN MS]G ]C C[HZ LQ
GOE]Q HSLC CYQL CO L]LQCG KWG ]C VC COC HSL[WTD [HYCG FHZG JH[ LQLSWG JH[G
[FQG LOHFE HSLFQOQ LZL]U LSLUD HSL[WT [HF LQO COC
KUQN GD]NS ]HCH ]HC ON MND PL[JC PL[WT LSLQ ONQ HSO PLHFZG PL[WTG PLOFDS COG
HSO GUHFLG PL[DF GQNH GQN E]H E] OND IHQ[O GQNJ G]HCD ]D]HNG FLG ]HSQC G]HCD
GHFZG HS][H] FHQLOD
PLC[SGH []HLD PLUHFLG PL[WTG ]C C[HZ HSLC RN LSWQH GIG [DFG ]C RLDGO OLNQ LQ Z[
]HC ON JNH HSLCH XHZH XHZ ON [HF PSLDGO ZLQUQ COC CQOUD GCL[ZD FHCQ PLOZ
GNIL CHG Z[ MS]G L[WT MH]D HSC GUQN PLC[SG PL[WTD HOLWC GD]NS PLQG RQ ]HCH
GILC RLDH HSO FHZG L[WT RLD PLOHFEG PLOFDGG HOE]L HO Z[ ZHQUG KWG MH]O [HFJO
OUH HL]HSHLU[ OU GHFZG GUWGO PE GNIL CHG Z[H OHJO FHZG RLD OLFDGO P]T [WT
F[J DOD MS]D ]HLZOCG GC[L PGD [C HL]HDJQ
ESZ
]UF VTHL
LN[FD [ZLUD PEH [FQG LQNJ HSQU LOHFE LDZUD ]NOO L ]CIG G[KQG ]C ELGO LFN
GHFZG C[QEG
[]HLD KHWH OZ GC[SG [WT H]HCQ CZHHF UHGL [WT MH]Q ZHTWG ]C CLDC [DFO CQEHF
PLKG RQ RHS RD UHGL JOLH []HLD KHW GC[S HQYU ZHTWG VCH H[FO ML[Y RLC HOLCNH
UHGL JO PLSC LS PLOE[Q PLSC PLS
FLQ GC[] HSL[WTD [LUI LHSL ON OU JLEGO GNOGG FHQLO LFL OU ]FQHOQG RLUG ODC
LS "GIG RHOG [W GQ PLSC PLS D]NS PSLJ OU CO JNHHL]H GIG ZHTWD [IHQ LHKLD
GIG LHSLG OU [LUG LQ L]LC[ [C PL[WQD L]CYQ CO [QHO ML[Y GLG PLSC
[WHTQG GUQG ON ]C ]H[LCQG L[QEO ]HFJ KDQ ]HFHZSO GNIL H]HC [WQ LQ MC
]LUH GQH[] ][WD G[H]D RN PE LHYQ LS ]HNLQTG ]OLQ PHZQD PLLS GIG LHKLDG LN
JNS KUQN VC PLCOWSD COWSG HH[LWD LLJD HSLD[ GSHC[D [LUG PH DGI PLD[N PLS
OND KOJHQGH [HQEG RHLHHG OU FLQ] G[H] LS GOQG GIG LHKLDG ]SHHN OU HSLEHJD
P]JLZOD PE [WCH PLQFD PLHH GC[QDH GQHZD PLHH PL[LU LS CQHL RLLU PLFFYG
KHULQ UHFL L]LLG [DNH FDOD PLD[G [WTQ LF GLG FDO ]HLSG [WTQ ]C[HGO LN FJCN
L]LLG [DNH PLDH[N ]LUH DH]NO GLG LF ]HUO HSLOU PLDH[N GQN ]H[HGO LFN PLS PLD[
HSLLG PLDH[N LS G[H]G GD]N HOLCH GNOGG LN[F LW OU PLSQ []HL ]HUO CO UFHL
PLQLC]Q L[QEO PLHH PSLCH PG PLH [QHO GYH[ PLDH[N PLS L[QEO PLHH P]HC PLHU
PLDH[N PLS PO EHI GDZS FJCH [NI FJC PLDH[N LS GI ]C GI PLQLOQH GIO GI
HFZG HD[ LWQ GU HSLD[ GQ O ZGDHQG HFLQO] UHGL ]SHHN DKLG PLSLDQ HSC G]UQH
LQLD GLG GUQG ]C Z[ CO G]UQ G ][H]D PLSKZD RKZ ZHLF ONO HSIHC RLN[GH UQ
HS]WZG OU FJ [HC J[HI HSQQH G[H]D PLWTHS PLSLSU PE COC RLDGO HSC PLDLKLQ UHGL
[WS FLQH ]HFGLG ]KL OUH HSC
RHSET FJCH FJC ONO ODC DONH UHGL HSLD[ GQ ]HQLD PE PLSQCS PL[CS PLJHO LS
[H]D P]HJLOH PFLZW] LHOLQD PLN[F L] PUG RHQG FES P]FQUD PLN[F L] GSH PLLJ
FFOC ]CI HUFL LWN GQ O HQHZQ COQQO GOLJ]Q [JDS CHG CHG UHGL PLOE[Q
FLQ]QG GLG P PLFLQO]O ]HCTNG ]C FLQUG P GDLLG G]LG UHGL LLJ PHZQ FFLQH
HO RL]QG FU HD[O GLG DH[Z GN G[H] O GOGHC MH]Q Q CO [C PLFLQ]QD OHFEG
FLQ] HLG ]HSH GSJQG RQ ZHJ[ PHL PLUD[C C[HSGH OHFEG [DFQG MH]D G[HQE ]HFFHD]GD
]OLW] LW OU PLOE[QG ]YUQ HQYU L[WG GOLJ]Q PGQ ]HUWHQ L]ODH PL[JCQ HLN[F
OJGN OON HLOC UQ COH ]CI H]FQU ]C UFL PUG GIQ GI PF[WLG ]UD HQ LHSLH GQ
ULWGO LFN ][JC M[FD PUG ]C ML[FGO GTLS DON MC [FQG L[DF RLLU HUTQQ [DFO
L[DF GC[ PL]LJQ PLSCO CHG [DJH PGQ FJC GLG HOLCN GOLJ]D HQYU GC[G PUG OU
]HQNJ]GG M[F PGQU HSLC HDO PLOE[QG H[LNG CO GOLJ]Q PUG ]C DON TGLH OU L[
DON LUYQC HLG GOC PGLSLDQ LC GLG HOLCN PUG LSHQG D[ZD DHJ[G UYQCD FHQUO M[FG
OYSLGO LFN ]HDC L[DZ OU JK]GO ML[Y GLG CHG CZHHF MN PHQH PUG ]C ML[FGO
PLLJG IN[QD PFCG ]C GNLOHQG HIG M[FG CLG []HLD ]SNHTQ LN PLOE[QG ]UWGQ
X[CG OC CHDL CHG PE G JLKDG FHJLLD HOH OYLSH HO GFQU H]HNI MC PLSNTQGH PLLQQG
G[H]G COC GLG CO HO PLLJG JK UHGLD ZWT GLG CO GQ
FSZ
DT VF CQHL
JH GNHFQ G]HC OU DL [DN CHGH PLOE[Q JHOO ZLD UHGL PE GUG GCDN G]UH
PLJHO LSD M[HY L GC[ CHG PE GS PLUD[C LSWOQ G[Y G]HC DH CHD] CO HDOD
G[HGK GC[L PU GQNJD POHUG LSLSUO ]HJHZW PLSLUD POHUG LLJ PLLJG MH]D MOGQG FJCO
PGLSO PLDYU [HDLJ HO RLCH HGELGS] GFDO G[H]G LSOH [WTOH [H]OH WJOH ]HC[O
]HQQG POHU UDKG POHU OC PTSNLG PU K[WDH FHZD HN[FD LOC[LG PUG ML[Y FJLD
CHGG RQID [CN
L[DF OND H[DJ COD FJC RWHC PHD PSLDGO RLC FJL PE [FQGH ZHTWG [DF GC[S G]UH
MS]G
[DN ZL]UGH RLG OE[QG FJCG GLG DON [QHCH [FQG OCH HOOG PLJHOG HLG LQ
HSO LQ ]QCDH TJSLW GLG HQYUD UHGL PHZQD [JCGH RHNSO H][LIJGH H]NLOHG HN[F ]QNJ
UFHL HSLC HD HSUFL [DN LCSZG TJSLWQ COKYLC G]HCO LHC[ []HL GIG RLSUD HQHZQ COQQ
L]OD GUWH] ONO H]HFES]G ]QJQ GSHGNO GNI CHG G ]CSZ CSZQ PFH [D C[HQQ
PUG LLJD GO GSQCS
LFLZW HCD [CN GSHIG DJ[ ]LDD P]HLG ]UD ]HSHG PGLN[F L]D JNHHLGO [WC PSQCH
Z[ GSLQKG DON ]C Z[ [FQG [QHCH FLJL RHOD P DH]N HSQK]H P[TCOH PTW]O MOQG
RLC GID DON ZFYH DJ[ PGD GQ]G PLOLE[GH PLLUDKG PLUYQCG P]HCO PLNTG CHG
GQHZD FQHU [CS CHG GIO PLNTG CO TJSLW GSLQKG CO LSG ]C ODC TSG OU PLNQHT
MCOQO GQHF RGNH RGN LSC [QC DJ[ [FJ OC MOQG LFLZW HTSNSN P[HQ C[DH GWHZI
]SUSH PFC LSD ]HOHDJ] ON OU ][]HHQH ]ZJHFG GCE GDH] GC[S HSLC ZDQN MCOQH
POHQO DYLS ]H[QO HGHC[ COH PL[HHSTD HNHG HOLCN PLOLLJG ]QCDH GD RHJKD OU Z[H MC
JHN ZSHL HSLC DLK UDKG RQ GOUQO FQHUG HDLKO PLC]Q G MCOQN GLG COC [FJG H]HCD
FDO G[H]G RQ COC HO PLLJG
GD]ND UHGL [WT ]D]HNG FLG ]LSQC GQNH GIO GI [FQG L[DF G]UQ PLQLC]Q GQN HC[
PLJHO PLLS JO
LQLD PLNL[Y HLG FLQ] HOOG PFC LEHT LS FYLN [C]OH VLTHGO LOU PLFJC PLIQ[ Z[H
COD FJCO HO [WC LC LN HGSQ ]C FJCG PLOGO GIO GI V[KYGO ]LOC[LG GL[HKTLGG
OC[LD [CHWQG KDG CLSO GLGS CHG COG DON H]HC COD UHGLH TJSLWO [WC LC LSG
COH UHGL COD DONO [WC LC MFLCQH PUG ON MOG H]EGSGH H]HCLS L[JC GFHGL KD
CHG DON UFL H]EGSG ]J] HC[H HQN VWN PE CHG COC HLFUOD [WC LC FDOD HI
ONDH ]U ONDH PUG ]C ELGSGO HGLOCGITJSLWN HC UHGLN ELGSQO ML[Y FHU H]HLQOHUD
PFC LSD P]HCO PGLSO PLNL[Y HSC LOC[LG PUG OU ULWGO LFN RHE[CH EHJ OND GSHU
PLELGSQ ]HL[DG RLD PLD[HUQ PFC LSDO PLLQHLQHLG PLLJG LN[HYO ]HJHZW PGLSLU [C
PQU FJLH G ]C[L PG PLCOQ RDHQNH PGO ]HUHFL POHUG ]HCLYQH ]HQQ [C PLLQOHU
PDOH PSLU [C FHZ L[[GD P]FHTL [C PLELGSQO ]U OND FLQ] HSC PLNL[Y PGQ GOUQOH
COD HOCO [WC LC POHUOH GHFZG G[H]G L[DF MH]D DKLG PL[HQ PGL]HSHLU[ MHOGH
RLFG ]LD DCH CLSG HSLQNJ ]HEHI FHT GI PE [WCH OC[L PU MH]D HOC
KHW [HWLT O RLKLG MH]D RKZ ZHFZFD CHYQO L ]HL[ZLUGH ]HDHJG ]HCYH]G HOC
HS][H] LFHTL LW OU PLL]NOG PLUYQCD HQL LFL OU Z[ ]CIH G[HCNO OZH KHW [WT MH]Q
GSZ
HSCLDS [WT ]C HSC[Z PGDH
]UF VTHL
LS COH PLLS PGD DH]N PLSH PLZHTW [HCLD
P TWFHQ OSGO GQOG [QCQ
KOJGD L[QEO PLH RSLC OU G[HQ GI LS DH]NO [WC PHZQD PYU PD PLLS PHZQ ON
[DF ZQUG OH LLJD HSLD[ O GI OONO ]HCQEHFH GI ]C GI PLOQG EHI RLUN COC
LS DH]N PGD WNGHL L[LU HQN L[QEO PLHH CO CI PLD[N PLS ]LUH JLGN ]HQ
[DF ZQUG LLJD HSLD[ GDZSH [NI EHI COC
GI FYQ FJCDH GI FYQ PLWLSTG FJCD ]HN[UQ PL] HFN C[ZLH
OLUO [CD]S PLOE[Q PLSC PLS CD UHGL
HC GZFY ]UD]SG HC ]UDH]G HC ]QCDH ]HH RLU GC[QO ]HSI PLS PL]H IKE CPLNOQ
GU[
HLG CO PLHH PLU[Z LS UYQCD FEDG ]C ZOJ CO PLU[Z PLSO PU[ZLH ELD DPLNOQ
ICI PLQLOQ PLU[Z PLS COC
KW LO RLC FHU PLYU PLS DLIL CPLNOQ
ICI ]HQLOQ PGL]HC[]GH PGLZHTW PHQ GC[SN GQO CTND ]HL[C PLS KLL CPLNOQ
GDZS FJCH [NI FJC LCFHHDH
PL]LIG CLDSG [CDQ Z[WG VHTD COG []HLD [DFG [H[D P GLOU PL]LI PLSH EF GL[NI
HSC PGLSO ZFY RGNH JLQG UHGLH ODDH[I RGNGH MOQG L[U [GYLG LSD LS OQT
]HEHIG LUH R[GCH GQ UH ICI PLQLOQH PLNL[Y
[FQD LUH IUO FJCH GO FJC ICI PLQLOQ PL[W PLS ENJL CPLNOQ
ICI ]HQLOQ HEH LHE [LQGG IUG ][LJDH G ]DLIU HLOCQ RDHQ ]HU[ PL] LN ELD HGLQ[L
PD JN LT UHD NQ LU HKKL Z[WD HQN PLFU LS LWU COH PLFU PLS LW OU HIL PL[DF
GIH GIO GYZ GI COC PLFUG LSD PL[DFG P]HCD QQ GLG] CO ]HFUG ML[Y LQOH[LG
GIO GYZ
GJSGG LWN CO GIH RLH RGLS HLGL PLS O] GQ LQS RLFLQ] LDE HOC CLEHTGQ [LUGO L GC
L[HWYH LDNDH WNGHL L[LUD ]QCG LWO DKLG ZLHFQH ][JC DH]NG [W]Q CSZTQG LWO PSQC ][NISG
FLQ]DN CO PLH PGLS HLGL ML[Y TH]H L[ ]KLNH ]D LWTHQD RNH L] LS DH]N U[HYQ
PLS [QCS RNO ]HQF]GO PLNL[Y PSLC ]QCG LWO
[W]LH PLWHE LS RCU DH]NGH FJC VHE RCU DH]NG H[QC PLSH[U LS PL] ZHTWG OU FL ]HJSQDH
OSG LWU DKLG
RLH RGLS HLGL RLNL[Y LCFH ]D O
POHUO GTLSNG [HNI GIG POHUGQ OHKLDG CHG [HQ [HQH [HNI FESN PLDN LS IQ[D
PEH PLH PG RN OU ]HLSHYLJG RQ CYL GQQ []HL ]HLQLSWD ELGO [WC LC ]HLQLSW CDG
[HQH [HNID HIQ[S PLSLSUG ONH GOESD ELQ GQQ []HL ]HLQLSWD ELGO [WC LC
QZ QU CJ CF ]HCS D CDHQ [IS LSDC OUD ZL]NQ
HSZ