EO VF
L] CZHF HCO ILWOH@ GIO GI PLDH[Z PLFUG [LW L[ ]HTTHE RGL]HSH RGL]HSD RLDH[Z
L[LCQ PLFUG RLD GD[HZ RCN RLC DH ]QN DJS TTHEG PC ]TTHE ]JC PC PE COC ]HTTHE PLSG
G]LQO PLTTHE DH[ L[G ]HQ] RGQ ]JC [D]TQ LWUC [QHO C]HD[O RN HKZS [WCH FHUH
]H [ [JG ]OLC UUH CDKL[ HL[DF ONO CHG LJN TTHEG PLDH[Z P]HC PLSF HSC GU G]HCD
>FHUH EQ ZYHOTQ L[ ]H K DZUL ]LD
L[G ]TTHE RGQ ]JC HOLC CZHF ]HTTHE HKZS RDHQH@ RLFG OUDO PLDH[Z PL[WQ PDQ[H J[H
DLLJ GSHC[G ]NGQ LSG FUG NCH OHTW FJC FU RCN L RLLFU G]QN G]HC PLSF HSLLG HOLC PE
CO RLLFU ]HFUG ]LLC[ ]UD [DHFQ [QHO ML[YH >RDQ[ PL[N PLFU LS [LCG CO LSWQ
HWHTH H]OLJ] FLUGO PL[N PSLC POHUO L[G PLDH[Z HLG [DN HC[ GU G]HCD PC HCS
PLSHC[ RSLUD ]H[ND
]NGQ FU ON LN PLFU LS L HLFUOD PE L[G DLLJ RHC[G FUG UHFQ GLCH DHJ PLLJ ][H] PLSH[JCG HZG L[WO
PGQ FJC VC ]JC ]DD GSHC[G ]NG LFU LS H[WN [DHFQ OY G[HCNOH GSHC[G O FUG PU V[KYGO OHNL GLSG
PLDLLJ ]JC ]DD H[WN PLFU GOO GQHFH [WN H[DJ PE GC[ L[G PLS H[CS GSUKD [KWLGO OHNL HSLC
GLG DH[Z FJC Z[ PC LN GFHGL FLDH KLH]D H[LUG RN DH[Z COH RGL]HSD RLDH[Z HKZS MNO J[G H[WO [QHO LH
[HKW GSHC[G ]NGQ RHC[G FUG
U@ [HCD ML[Y CO PC RHO LSHOW FLD LO L LSHFLU]H HCHD] CO PC PNLOU LSC ULDQ
[H[C F@ GOOZ HSLSU PL[JC ULDQG GC[SNH > [QCZ CO L]LC[ GUHD KN OLUO C[QEG ZHLF
DZUL ]HOGZ ]HSHLOE CO PC RHO MLL GOOZ OUH >HO ROGO GUHD HD
CSH FLEL CHO PC UFL HC GC[ HC FU CHGH GOC OHZ GUQH OHC L[DF [WTQ CDHQ LWN DH]NG RHO [W]GO ONHL GIDH
DLLJ GOC OHZ UQ PC L[ZLUG CHSO DEC M[FDH [ETHQG [QCQN ]HCD HSHHU CSH FLEL CHO PC PLOQG G[HCNO HSHU
FLEL CO PC OHZ H]HC HGQH GOC OHZ GUQH ULDQG L[DFQ GI ON [QHO L COC RN [DFG RLC L[GH RD[Z CLDGO
OC [QCH RGNG G]C ULDGH GKHTD GOCG ]UHD HGOHNF RHGHDCH HSHHU CL FLEL CO PCH FLEL HGHULDG HSHHU CSH
DUT GO ROGO CEQ RD L[ H[LWD UQQ RNH HEH M]C LC DN CO PC GCG
CO PC ]HFU LO PLUFHL PNSLC PNULDQ LSL[G PGO [QHC LNG HCOD PE ]HKLWD [W]GO OHNL GSQG RHO PSQC
GOOZ RLSUO [WO M[YHG GLO CLZ LCQ CSUFL COH ULDQ LSLC LSFLUGO G]U HCHD] PC ODC LSHFLU]
GC[S GLO [WN CZ CSHQQ HCO [KWLQ GFHQ HOLCF RHLN HGQ TSZ LFU ULDQ HGO CLUDLC
PL[HKW NWUC ]HFHGOH CHDO ZLWTQ H[DJ GLG PFHZ FLUGOH PLFZGO PLFUG FLD ZWLT GLG PC VC
PL[HCDH PLHFJ LWU PLDLLJ PSLC MNOG [KWLGOH ]HFHGO OHNL GLG P]HFU PLGQ HLG HOLC RHLN
HSLC TSZ DHLJ RQLT GHGQ GCFHG LU [KWLGO ]H[WCG PYU GFHL CO G[HQE ]HCFHD PLUFHL HSLLG PC HOLWC VLTHGO RN]L
PDQ[G RHODH CEQ RD L[ RHOD ZLLFO L RNH QQ RHQQ DHLJ COH RLFD GFQUG ]ULD] ]HNI COC RCN RLCH RLLFU KOJHQ
KJE GDLSE OG L[IU LDCD QNH FK ]HUHD
LYJ CGH ZIS LYJH ZIS LSHOW FLD LO L LSHFLU]H HCHD] CO PC PNLOU LSC ULDQ UQ C]
PLFU HCD MN [JCH TSZD GFHQ [KHWG ]UFO GKHW GJSGN RCN HKZS UQQ "CHG CTSZ ZIS
FY
EO VF ]HUHD
PHONQ [HKW [DFD GFHQN ZIS LYJF TSZD RHEN@ GFHGN PHOND HQYU DLLJ CO PC HOLWC [HKW
DLLJQ H]CFHGD DSE GFHG LZHWCO PHONQ HQYU [KW H]CFHGD U[ P CLYHQ RLSUO ROGO RNH
GSLC H]CFHG PC GU ZDD RSJHL LD[ ]UF RNH D[F CDLOC CSHSQG D[ ]UFN CO GIH >R[ZD HQYU
RO CQLLZ LNGH H]CFHG [JC PLFU HCDN [KWS HSLC H]DLLJQ
[HKW PLQNJO HL[DFOH P OCHQ ]KLD ]NOHG HS]LEHT D]NH JF GDLSE MOQOGSQG [LUG RN
DLLJ CON CSHSQG D[N ZTW PDQ[G L[DF ][L]T OU GZG COC HQYU DLLJ CO RWHCD PE
GCFHG RLC ]HTSZG RQ ZOJD COGH PL[HKW TSZ LFU ULDQG ZTW MFLCQH [KWS CO HQYU
H]CFHGD [KWLL COH HQYU ]C ]DLLJQG
ILG PLFDU OG MOQG [UD GZG RNH HI GFHZSD CSHSQG D[ OU ZOHJ OCHQ [QHO HSO RLSQ [HCD ML[Y HL[DF VHE PE
[HKW [DC[O CSHSQG D[F CDLOC D[O GYZG OC GYZG RQ ]HNWG]Q OCHQH D[ ]H[DT ILWO FHUH GDJ[GD UH
HQYU OCHQ KZS RNH DLLJ [DC[O OCHQOH HQYU DLLJQ CO EGND DLLJ RSD[OH PLCDH RLQQQG PLFU GC[D COC
UYH RWHC OND [HKW RSD[OH
GFHG PC GI RWHCD DHLJ PH H]CFHGD RLC GQHFNH ZIS LYJ RLD ZOJO L D]N HLHFLJD DLYSG
[JCO Z[H R[ZQ [KWLGO LFN L]DSE CO GOJ]GD [QC G[ZQ RLDH NJC PLFU HCD PC HOLWC [HKW
[HKWO GY[ HSLC[ L[G H][KHW H]CFHG RLC GI RWHCD GJLDKG OU GFHGH CD GDLSE LFU HCD
ZD LC RHIJD D]N GDH[Z M[FDH H IW ZD GQO O PL O[GQG RN X[]O PFZ [DNH R[ZQ HQYU
JJL
]DJS RLC PHQ HGI ][KHW GSLC ]CIN GCFHG LN VC X[]O CLDG KJE GDLSE L[IU LDCDH
[HQE RHQQ PLDJS PSLC PG PLH POHN ]HTSZG RLFG [ZLUD MC HQYU DLLJN COC [HKWO GCFHG
KO LT LOCL[C L[EO DZUL [CD UUH RLSUG [HCDD U RLFD GFQUG [JCO COC
RLSUO HQYU ]C DLLJQ JES H[H GFHQ MND EN UGC CSLS] GFHGLD UFHS ]HD D]N VTHS XH[L]
FUHQ GULL DHH DH JEL PC GI
GIQH PHOND HQYU DLLJQ HSLC P COGH U[ P CLYHG GFHQD CLEHTG MQGQ GZ RLFU COC
HL]J] GQLLZO HDHLJQ [KWS CO TSZG RQ [KWS GFHQG LW OU VC DDQ DJ PL LZLWC [WTD JLNHG
RN CLDGH H]CFHGD HSQQ [KWLL TSZ [FED HSLC GI DHLJ LN GSHY[ COO G[EO ONHL COH HLQL ON
HLQL ONO ]HTNDH [CD HQYU DLLJQ CHG H]CFHGD MNOG IDF[GQ
LSHOW LC TSC CS[Z PHQ GH F LQHO]H CS[Z PHQ OWN LQHO] ]H[H[Y ZIS LYJD
HQYU ZJHF UHFQH RN UQQD RLC GSQG KW COG GQL] PEWH ]HD PHQ L]D ]C G]WH
PHON ZW]TL COH GKHWN GSQG FLQUL TSZ LFU ULDQ RLFD ZW]TQH MND FLQUGO
U[ P CLYHQ GS COH TSZ PGD RLC PL[DFD PFLQUGO [WC HOC ON CS]G GS MNQ [QHO L
PL[HKW TSZ LFU ULDQ CQ ZW]TGO PHZQ L MN PHQ TSZ ]OHI [DF PGD RLC FDU O PLOH
MNO RN [DHT CDLZU LD[ VCH [HKW TSZ LFU ULDQ PL[DHTG FO ROGO PLCS] PSL LSWQ PE HC
PLLJ ][H] ZJHFD HOLWC CDLZU LD[N GSQG FLQUGO C[QEO JHS
OU HC GDSE HGHFLUL PLFUG ]C UDH]N MNOG PEWH ]HD PHQ CS[Z PHQ OWN LQHO]
G]U HFLUL H]UFD RLC@ PLDLLJ MNOG PEWH ]HDH R[Z O RHQQ DHLJ H]ULD]D OONS P]TD TSHC
PDQ[D GNH CDKL[ LWU >RHQQG OU FLUGO ][JC PUW RLF ]LDO CHDO PJL[KGOH TSZG ]ULD] OU Z[
GY
GK
]UF VTHL
LFU ULDQG UFS LFN POHN ]C GS CJLS TSZ PC ODC CHG CSHQQ GOHN RO UQQZ LCQ
ULQGO OHNL GLG LW OU VC@ RHQQD HFLQUGO R]LS GLG PGQ FJC GSH GLG HOLC PLDLLJ TSZ
HLFJL FLQ] PLLHS [CG ONH ZIS LYJH ZIS [QHO L ZWT PHZQ GLG CO ICH FDU O PLO
PL[HCDH PLHFJ LWU >P]HSO CS]O HO JHS MNOG
]HFUD MH[N PCH RL[HKW HOC L[G RGN LSC HFLU]H HCHD] CO PC PNLOU LSC ULDQ DU
[NQ PC HC P[LIJGO M[KYL HFLUGO P]HUSQLGDH GLHOH GSHGN ]HS]Q ODLZ RHEN LSHQQ RLSU HI
GN FHL ZJYL [CD ]HD UH PL[HCDH PLHFJ PLDLLJ GC[S RGN CHG ]SQ OU [DF
[JG ]OLCDH DLLJO D]N CUD OLUO [G ]LSHQQ C]HZWS PE P]HFUD L COC [JC [DF OU H]ULD]D H]SHHN PCH
RHQQG OLDD PE HO FLUGO UDH] PC COC DLLJ HSLC CDKL[G L[DFQ JLNHG
U ZDD CDHQD UUH GC[G LSLFD RCN HNL[CG OI PLSHC[G
GC[GD CDD
GODLZ PC COC HQYUQ GH G[IE [HF PFC RLC PEG HJLNHL GKHTF RLCHC HJLNHL JYH[F RLCHC
PL[DFG H[LW MC RHFZWQ ]HFU ]UHD FHQOO COC GODZG G]LG CO [QCL GZQ GQ RN PCH HD[Q
PHZQQ HC GI PHZQQ H[FO PNJG FLD G[LJDG ODC ]QLHTQ GDL] H[FO GH G[IE GODZ]S CHG
PLSHC[G NNH L[LCQ GID CYHLN PHZQ OND [WO L RNH ]HL[WG RHLQF LWO []HLD HO GC[SG LWN [JC
I OLUO CDHQD U ]HQHZQ GQND
CLG HI HFLULH LSHOWH LSHOW HCHDL LSHOWH LSHOW LSWD MO L]LSQ GSQ FYLN GULFL COD GLC[
LSWQ GUHD RD[Z PDLLJO PUKG PLSHC[ FHUH CD[GH RDQ[G H[LW GULFL COD GLC[
G]UH POHUQ PL[DF HLG CO [QC MND R[WN ZIJHG [JCQ RLF LW OU POO H]DLLJQ P]HFU
LQ RHEN RLFG RQ DLHJQ GLG COHO ODC FNH GLG RHU[W [QHO RQCS HSLC DH HSLSWD ]LSQ PLFLUQ
RD[Z ]DLLJQG RHQQ ]HFU HI RLC PLHTQ [DF OU PLFU HFLUL PC MNH MN MO POC H[DJO [QC
RLFG RQ CO DLLJ]Q RWHCD PE HKHWN L[D RLDG GC[S CD[D MC L[ ]UFD VC RDQ[G [LW RNH GUHD
PLDLLJ PLFUG
FO VF
HSLC RCN VC RHQQ ]ULD]D COC [DFQ HSLC ROGO GQ CKJ] ROGO [QCSH CKJ] RCN [QCS
PLOQ GD OUQ GOUQH CKJ] LN DH]N RHFZWG ]UHDD ROGO H[LW RHQQ ]ULD]D COC [DFQ
LWON CKJ OUH H]LQUD JNH H[DJ LWON CKJ OU GD [DHFQ G[WO OONH ][]HNN ]HQQ HOC
HI GD OUQ GOUQH H[DJO PLUEHS PL[DFD CKJ] LN DH]NG KW HGIH [Z OU UDSH G
HOC ]HSLJD L] ]HQLLZ ]HFUG ]UHDD RCN VC HFZ P OOJQH [Z OU UDS GUHDG
OHZ GUQH FHUH HSHQQ FHDLC ZIS HO P[HE GID ]HFU HO UFHL HSLC H]LQUD GJNGG CKJ] LN
OUH H[DJO ZIS ]QL[E RCN L [Z ]UHD [HTLC FDOQ PLFQO HSLYQS [Z OU UDS GOC
DG C[ZLH GQNJ MQ LWU RHQQD PL[DFD MJ[N
HY