POHUG ]C ELGSQ ]L CHG X [ C D HOLE ]QCG LWOH RCN HCYQ ]QCG OU PLNTQ GDZGH
MH]Q CZHHF LN HFLJ PGH HD [FE]GO PLQG RQ PGO HJLSG PHZQ GOHFEG]TSNG LSC
OU [HF ON ]H[HFG LQNJ HFLQUG OON M[FDH HL]HC[HSH HL]H[HDE [LNGO R]LS ]HOEGH RD[HJG
LN CQ[G GID ZTWH OOW]LH [HIJL ]HDCD RHHLN CO LQ C[QEF CSLFQ ZTWS L[G H]SHN]Q
[HIJL GQO RN PC RHHNL CO CHG DH[Z G[IJD VC GSHHN RH[TJ OLDD PL[IHJ RLC CSFLCG
JTHSD OOW]GO HSLOU HL]HC[HSH H][HDE [LNGO HSJHND RLC PC PE RDHQNH P DQD UH CCZ JHC
QU [H LOU MH]Q PLKHW PL[DFGH ]L HL]HFLQQ GQHCQ UFS CO POHUO ]CI COHO LN HSZL]
QU EJ HGLOCQ D]NQ UUH HGSZ]
EO] DL XLDOCHQ J[EO [THQ ]HJL H CYLH ZLFY L[W LSLQ OC[L DGHC UU
]QC GDZG O HQ]HJ
HWLLIO PLOHNL RLC [DFD HGHU HQO P]HJ GHUG LN CZHF ]QC GDZG O HQ]HJ MNOH
RHODH MN ]QC COH CHG VHLI ]QCG ]C PLWLLIQ CHG HWLLIO PLOHNL RLC [DF ]QCGH
HDOD ]QC LC ON DJ ]H[FQG L]D [C OND PE MNH ZYHZ O G[FQ ]LDD H[QC HIG
DHK LN CC[O ]HNOQ []N MH]Q ]HSHSG ZYHZ ]H[QC HUFHS P[KD FHU
GS ]DD PLKKHYQ PLUKZ U GI RLSUD FHU
U VF
PC D]ND PL[DF GW OUD CH[ZO HO []HG MNO PL[DTG GQN HD]N PLSL TH]D GW OU C[HZ
HC CDKL[G NNH PHLG ]FHDU ]C FLEQ COC HSLC PHQ PC OHOEO HGHJL[KG CO [HDLYG FHDN LSWQ
GW OUD [QHO [TCS CO MNO P]DHJ LFL PLD[G ]C CLYHQ HSLC LSWQ
GU OND WJO HO GZH G[H]GQ PLZHTW GD[G [LNIQH PLD[D [HFG EZT JQ G[H[DGSQG ZTWH
[ZLUO KZS C[EG CLDG FHUH GWOU PLZHTWG [QHO OZGO HO L [WC [HDLYG FHDN LSWQ [WTD
HZTD U PLOG] ][LQC RLSUO OZGO HI GUF V[LY FHUH PLSL TH]G O RH[JCG XH[L]N
[QHO RLC POHUO P]DHJ LFL PL[JC CLYHQN C[EGH PG[DCREQG LWU IZTD P DSQG D]N GQ LWO [LUGO L
L[G D]NG MH]Q G[QCO FLWZGO ML[Y ]D O HFLZD HOHNLH ][LQC GI LWO ON LWD OLE[H [HEG [DFD PE GW OUD
>GQ ZT CU[ DSQD U@ PLUQHG ]C GD CLYHQ
OI PLSHC[G HD]N RLUNH GD RO ]LO ][JC GHYQ PO COC G[H]D GCL[ZH FHQLO M[F [QHC HSLC ON HNQT [WCH
PLD[G ]C CLYHQ LWUC PHL O HSLSU ][NIGOH JDO R][LQC RHLN OOGG ]CL[ZH ]H[WHH ]HSH[NI ]HLNOQ LZHTW RLSUO
][QCS CLG PHQ LCFH COC D]NG MH]Q G[QCO HSUQ CO POHUQ PLSGN ]N[D UF] CQ GKHT C[H]U GW OU [QHC
P]DHJ LFL PL[JC CLYHGO CD PLSWHCO GJNHG RLC PQ LN PC CD] [W DZULO ]QC [WTD D]N HQNH G[H]N COH GN[DN
GN[DG ODZO P]HHYQ COC PQYU PL[DFG ][LQCD P]HHYQ RLC M[D]GO OC[LG OU GHYQ PLF[JG ]UF LWO VC LN
C]O]D L[DE C]O] L[ZSH CSL[JC L]LLSH [HDLY FHDN LSWQ [HDLYD G[H] [WT RLOOHE RLC LWO
CWZ
]UF VTHL
RHEN ]HL[W GQN CH[ZO PLNL[YN MNOG CQEW CNLC L[WT L[]D C[DE FJ CQEW CNLO L[WT
OHOEO PLOHNLH PL[WT GQN PLCLYHQ FJC [WTQ []HL L PHZQD FNH ]HL[W UD[CD HC PLFUHQD
G]U PLEGHS HQN DHK []HLH LHO L[G PD PG[DC REQ GCL[ZO HSLNGO GSHC[G PLC[HZ FHUD FJCG
ELZT P G[H[D GSQ GQ LN[FD D]N HQNH G[QIF LZHTW OGZG PL[QHC ]UD OHOEO
[]HLD VC [WTG ]C PLOOHE PLQNJ ]SZ]Q ]DLHJQ GCL[ZGH [JCQ FJC G[H] [WT COC P RLCNH
LNF[Q ]HGEG P[GQQ HSLCH FUZ E[HDSKH[Q P[GQ ]H CDKL[ [HDLYG FHDN GJFLH RQE[H]G ]CL[Z LFNQ
P LDD GCDHG GDH]D CD[G ]UFN COFH EFQZ JHC DWZ OL[GQ ]H DT] RLKE
[ZLUQ GSLC OHFEG RGNG O PLFHZWG QHJD GCL[ZG LSWQ [JC [WT HCLDG COH HOOE CO RCN CZHFH
GNL[Y GDHJ ]CL[Z ODC GFHDUG [FT ]C PUO ULFHQN COC HSLCH [HQC D C[Z [DN L[G PHLG ]DHJ
NKL ]ZJ GQNJ MQ [WTD GW OUD H]CL[ZO ]WTHS C[DT GC[H LQOH[LGQ CDKL[ LWU CZHF [WTG RQ ]HLGO
[WT MH]Q GCL[ZO RLFG CHGH U RGLSLD [NG HU MNO RSD[FQ COC GSLC HI GCL[ZH G[H]G RQ H]CL[Z [C LWO
[HDLY MNOG GLOU M[DO [WC LC GW OU ]CL[ZN GSLF GDH]D PDQ[GN COF PLZTHWG ]U[NGN OHTW
OHTWG [WTD HC[ZL COH HGHOOELH [NG [WTD ]HCL[ZG L] ]C HC[ZL OHTW [WTH [N [WT HO L
D DJ ZJYL [NI
[WC LC M[DQ [LKWQO GOHUG RHLN [LKWQD OHTW HD CYQS ]T RLSUO DW[ JHC UH COZ CJ XD]G D]N DHLNH
[JC HCLYHL COC OHTW ]TD CH[ZO
OHFE RGN ]CL[ZD CZHFH C[DEO C[DE RLD PLGH [CN MN ON C[HDYF CJ[K RLC ZOJO VTHS PUK
HWZ] GLDC[ H]CL[Z MQGO ]HWYOH ZH]O [HDLYG OU CHG J[HK FJC PFCD G]LG
RLC ]TSNG ]LDD NCQ PFHDN OU PLOJHQ RLCH GCL[ZO PLNJQ OC[L ON P CZHF PUK FHU
REQ GSZ]G LWN D]NG MH]Q [LKWQG ]CL[Z PLLZO LFN PFHDN OU PLOJHQ CQ]TQ MN ON PU DH[ P
[HYLZD DSQG HCLDG IZT FQZ PG[DC
[WTD H][DT [ZLUO FHTL L LN PC@ H]UFQ PUK R]SH GQ] MNOH CDKL[D PL[DFG [HZQ ]C GC[ CO CEQG GC[S G[HCNO
PUK LWOH [LDTGH OC HQYU CDKL[G L[G > OKDLO COF [HDLYO CJLSF PHQ OHOEO []HQ D]N QU DJ OHNCG
OU GQ] DLYSGH >UY CEQGOH@ OHOEO PLDLLJ PFHDN OU PLOJHQ PSLC H[QCLH HJQL [HDLYG PC HOLWC GC[S CDKL[G
[LDTGH "GDH[QO KUHQ OGZ RLD ZOJO RLSQH EGNG O G[H]G ]CL[ZD PL[HWLNG PHLD OC[L ON HLG RLSQ CEQG O HQUK
[JC PUK R]SH CEQG OU GZG PLLJ DL]SD RNH ][JC M[FD P
MC O EHOLFG []G PUK [QHO M[YHG MNQ CDKL[G PUKN KZS CO G[HCNO GC[S LFND RCN GF KT L[Q [LUGO LH
LN J[NHQ ZHLF GI RLC MC PHL O H[FTQ CLG PEG [HTC LNG HCODF UQQ RQE[H]G ZLTWL LFND HD RLC LSWQ [HUD
HSLC LZO L[ OL PE@ PLFHZWG QHJO [HUD MC ]CL[Z RLD ZHOLJO HS]JS CO RLLFU CLEHTG ]KLG[ LWO RN [LW L[
>OLH M[DO M[YS GLG PLFHZWG QHJD [WTD C[HZ GLG HOLC HL[DFQ UQQ L[G LQOH[LG ][DT [DHT
RLD ]HUF RSL GCL[ZG PHZQD JH]W HSLC [[DHGH RH[CGQ [WT HCLYHG RHC[ O HQEW PHQ
HC GOLOED RL]QGO [HDLYG HN[KYL CO LFN [JC [WT CLYHGOH RH[CO H[LIJGO PLC[ PCG PLZTHWG
[WTD C[Z [DN PC COC PEW RLC ][DHT GSHC[ GUFH@ [HTCH RHC[ O HQEWO HJO L CQ
>[JC [WTD PFC H]HC CH[ZO MLQQH
DH[DH [WTG [LIJGO RLC LCFH HFHDN OU FLWZQ HSLC OGZG PCH FLDU [QN FLDUF FLDU [QN FLDUFH
]ZHOJQO HJO LH G[LIJGO FJC P G[HG PC POHCH GS]QG OU FLWZQ [HDLYG RLC HSSQID ]HOLGZG
IO DJ JHC GQ ]H[EC LWU G[LIJGO PLC[ RLFLWZQ [HDLYG HQN GI L[G RHLIDOH
DWZ
U VF CQHL
RLC MLL RLC HFU[ RJOG MH[U L[DFQ FHQOO L RNH HJO RLC ]HHYQG OU RL[LDUQ RLC RLFQ HL[DF MH]Q UQQ
GC[S GI LWOH HSSLSUO GGH GW G[UG GS Z[W DJ G]NOGN ]D ][LQ PE UH FJC PJOQ Z[ UHYDO GYH[N RL[LDUQ
OHKLO LFN HILIGO []HQ [JCG [WTG LSWO RH[CD JSHQ GLG HC RH[CD CHG RLLFUH FDOD HD TW] COC [WTG HCLYHG CO PC
[WT O HQEWO HJO MLL GC[S RLC GI RHEND LN [JCG [WTG
GOLJ]D HD PLC[HZ [WTG ]C CLYHL DHH GHYQG OU [LDUL OCH HSOKL LSD GOLJ] UEWH PL[WT LSD CH[ZO HN[YS PC POHCH
RHC[ HSNLOHLH
HGI UQQ PLD[O H]HIJ ]HC[GO LFN HD C[HZH H]LDQ G[H] [WT CLDQ FJCH FJC ON MN [JCH
LQ ODC PLFQHOO RHY[ VLTHQH G[H]G FHDN CHG GCS CHG RQID G[H] [WTD CZHF [WCH RHNS [DF
PLHFJ VLFU ]NO USYG PLQUWH PLD[O P]HIJ ]HC[GO RLSU RLC PLCS ]LYLY HC RLOW] HO L
PL[HCDH
]HOHJQG EGSQ ]HFHC PL[WQG HD]N DHLNH@ ]HCS]GH GHCE J P RLC HFZG PHLDH HFZG PHZQD Z[ RN HEGS [WC
OU IQ[G PL[WTD UHFLNH CO CQOUD ODC >U[G [YLO J RLC IC HFZG PHLD RN HEGS MNO PL[HWNG PHLD PLQ[ND
E[]C ][ GHCE OE[ LSCHD] OC GCSG H]HHYQ LFL OU HQYUD [CW]QG
MOQ ][FG PU D[D GHYQ LCQH OHFE RGN GCH[G
HO RLUQH RLCH PFLD GJLQH HLSWD ]D PLOOJQ ]F L[DHU OYC GOLQ ]L[D NUQO RQFIQ [DFD
GC[L CO LFN ]F L[DHU PLSC OYC ]L[D PUW FHU HO RQFILN MOL CO LOHC NUQ OCH
]DOHOJG
CQHLD C]LC GQQ GLC[H G[H] L[HTLC OU RL[DHU PHZQO MOLO PFCG OU [HTLC L LCFH VC FUO
GLC[D CNLO Z[ CHG OQZ GH MOQ M[FG PU DH[D PHQ GHYQ ]LLUD ]HC[O GHYQ L U VF
]HC[OF COLQQ RSLUQ RN PC L[D LLU GD ZHTU RLC [JCQ ]HYQG OU RL[LDUQ RLC PHQ
]HYQ GI OLDD OKDO RLC [D]TQ PHZQ ONQ MOQO RHLID HJ CHG PU DH[D CGF [HTLC L G[LDUD
DHLJG CHG HLOU [JC OGHQ CNLON OGHQG OU RN ONH OC[L ON OU CLG GDHLJ GSQID GOLQ
G[LDU P]LLUD GC[L VC OHQO PO MOLO DLLHJQH CT[ LT FHLD C]LCFN H]HC RLWHN FDH FHJLD
HSZ CJ FHL GQ ]H[EC P [CGO RLC GOLQG GUQ [JC VNL] ODC ]D OHOJF
]C DLKGOH PLD[UG RLD O ][HKZ [LKZGO TSNSH HLOE[H HLFL FZH DOH DGI LFED HO HCLDG
PHQ CS]G ]CI [W CO RNO CQH PLD[UG RLD O FLQ] DL[ZG ][HKZG ][KZG PFHZH ]H[SG
TSNS GF CU TH] LWU CDLZU LD[ L[DFD PLD[UG RLD O FLQ] [LNIG [DN
]CYHGO PFZ PLD[UG RLD O FLQ] DF PDQ[G ]KL POHCH L[ D]N RNH ]LLQJ GOLDK [JCO D[Z FLQ]G HKZSH
PLFZG FZ ]LDQ G]JQH VN
FHZG RQ PHOD CYL GUD HLDGHCO GHU GLG DHK PHLH
GFHUT RSD[O CDK CQHL L[LWH RSD[O CDK CQHL CSFLDU VTHL D[ LDE TD HSLYQ
GFHUT [QLQO GLO GHGH CDK CQHL RHO GI GQH PLFLQO]O
PLSQIH PLEJ GJQO PLFUHQ GOHFEG ]TSN LSC HSZ] HQN GJQ CHG DHK PHL RLSU MC
PLZLFY HJQ HLHUD OC[L JQL GLGL OONG DOD GJQ TLSNGO JN GLG PFLDH RHO
EWZ
GHU HI GQ GJQO LNG HCODF GD
]UF VTHL
H]HYQ [QEO GJQH DHK PHL HO GLG H]HYQ [QE UFLH PHOD CYL TS HO GUS RCN RNH
HLDGHCO DHK PHL ]HUO HJHND GLG GLG HO KHL VCH ]HQLOD GU
H[QC L[G ]HUO HSO ZJG ]QJQH HSL]W PL[W GQOSH FZQH RGN HSO RLC GIG RQIDH
OC[LQ FJC ON GCU HOLCN DH]NG HLOU GOUQ GCU COH TSCSH GHYQ ]HUO PFC DJ
LCYHQD OHZ ]D CYL [FQDH L[QC GF FLZ ]D TH] HD]N HQN ONO DHK PHL LHGH H]HYQ [QHE
L[W MH]Q MLUQ ]C C GY[ [DN LN MSLL DHK DOD G]H MQJO GJQD OHNC MO PL[HWN PHL
E WNHL LCYHQ ZLFY
QU FJ HGLOCQ D]NQ JLZ QU DJ [ CL[EO [THQ ]HJL KZO D U HI GJQ O GSLSUD FHU
]HFUHQ LZ[W [WTD GNH[CD U ]HC[ZQG L[HCDH PL[HWNG PHLD PLD[ZG ]HSD[ZG [FTO PL[HCDH PLQUK
EN Z[W
CU VF
PLSHLYH ]H[UG
PHZQD HOLWC PL[WQ L PLZHH PHZQ GI GFHGL D[ [QC PLLJG ]HY[CD G LSWO MOG]C
DLYSG LHFJ LWU G LSWO MOG]C CKJG RQ [HQ HSLC PHZQ PLF[HKH PLSCHT PLLJ PHZQ PLZHH
FT[] QU DJ [H LOU
U >L[ L[DF [HCDDH@ PL[QCQG LS RLD [ZG OU
C[ZC PLLC PNLOC PLLJ ]HSH PLQL M[C LN
CS QU OI LH[KS[C J[O PSHODH OIJ L[DFD PLSHLU ZJYL JL
[DF FD C[Z [QCF CSLSJ LD[D LTHL LD[ [QC "CHG CS]LN LCGF UQQ LCQ DU
GEL[C O PLHTQ EHTO [CH] PSG COC R]WO PYU P PSLC FD H FD FD UZ[ZG RQ GOHUG
HQHE[] R]WO PYU P HSLCH FZG RHOD FD H O OLDZQ CHG ]LQ[CD XHD RNH@ ]HDLJH
GC[Q L RDC H KGD HQNH ]LEHEIN ZLGDQG RDO@ UDY O P HC >DHJ XHD COH CS]LN
HUS PLFED P]HCO FLQ] GSHHNG FD H OU [DHFQN G[H]D COC >LGZ G GC[QN ZLGDQ
>UDY P COC HSLC ]ON] PEG G ]HQDLDN [QYQ LHUO GSHHNG G[H]D ]ON] ON PN@ R]WQ
DQZ DZUL ]HOGZ LD]N LWU R]WQ LHUG GI CZHF CHG G[H]D [HQCG RLSQ RCN H[[LD GQ HGIH
PL[HCDH PLHFJ
L[DF PLDH]NH PLCLDS HC[ZS MNLWO C[ZC GNQTCH OCZIJL C]CH GO L[LQE C[QE COC
CO COC LSLTD HFHQO]D GQO [QCS CO FHQO] ML[Y PLCLDSD DH]NG [DF MO RLC LN GODZ
PGLOU [IES LWN FHZG JH[ LW OU PHD]NH [HFH [HF OND PL[WHT HCD FU HFL OU D]NLGO R]LS
QU ]HDC L[KLH [HIJQ ]LC[D LQL ]Q
D [ RDQ[O ]HHYQG [WT UU
FFQ FJ UGC GQ ]H[EC HTDYZ [LCL ]HJ ]HD U G[QC RCQ OCZIJL L]CF LQZQ C[QEG RHFLSD FHU
FWZ