)<:
*/4
7YLYLX\PZP[LZ! 4(; (U PU[YVK\J[PVU [V Z[H[PZ[PJZ HZ \ZLK PU I\ZPULZZ KLJPZPVU THRPUN [OH[ PUJS\KLZ H]LYHNLZ KPZWLYZPVU WYVIHIPSP[PLZ WYVIHIPSP[` KPZ[YPI\[PVUZ ZHTWSPUN LYYVY ZHTWSL ZPaL JVUÃ&#x201E;KLUJL PU[LY]HSZ O`WV[O LZPZ [LZ[Z YLNYLZZPVU HUK JVYYLSH[PVU HUHS`ZPZ JYLKP[Z 3LJ[\YL
(U PU[YVK\J[VY` KPZJ\ZZPVU VM JOLTPJHS WYPUJPWSLZ 7YLZLU[Z H IHSHUJL IL[^LLU IHZPJ RUV^SLKNL ULLKLK [V \UKLYZ[HUK [OL \ZLZ VM JOLTPJHSZ HUK HWWSPJH[PVUZ VM JOLTPJHSZ PU L]LY`KH` SPML *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL 3HI 3HI +PZJ\ZZPVU
)\ZPULZZ :[H[PZ[PJZ 0(0 )<:
)<:
3HIVY 9LSH[PVUZ 7YLYLX\PZP[LZ! )<: VY JVUZLU[ VM PUZ[Y\J[VY ( Z[\K` VM [OL SHIVY HUK LTWSV`TLU[ SH^Z [OH[ OH]L [OL NYLH[LZ[ PTWHJ[ VU [OL YLSH[PVUZOPW IL[^LLU LTWSV`LYZ HUK LTWSV`LLZ HUK [OL Z[YH[LNPLZ THUHNLYZ \[PSPaL [V THPU[HPU HU LMMLJ[P]L SL]LS VM LTWSV`LL ZH[PZMHJ[PVU ;YHUZMLYZ HZ LSLJ[P]L JYLKP[ VUS` JYLKP[Z 3LJ[\YL
)<:
0U[YV [V 0U[LYUH[PVUHS )\ZPULZZ 7YLYLX\PZP[LZ! )<: VY JVUZLU[ VM PUZ[Y\J[VY (U PU[YVK\J[PVU [V MVYLPNU [YHKL [OLVY` HUK WYHJ[PJL ^P[O ZWLJPHS LTWOHZPZ VU J\S[\YHS KP]LYZP[` PU [OL HYLHZ VM THYRL[PUN THUHNLTLU[ Ã&#x201E;UHUJL LJVUVTPJZ HUK [OL LU]PYVUTLU[ PU ^OPJO I\ZPULZZLZ M\UJ[PVU ;YHUZMLYZ HZ LSLJ[P]L JYLKP[ VUS` JYLKP[Z 3LJ[\YL
)<:
/\THU 9LZV\YJL 4HUHNLTLU[ 7YLYLX\PZP[LZ! )<: VY JVUZLU[ VM PUZ[Y\J[VY ;OL THUHNLYPHS WYVJLZZ VM WSHUUPUN KL]LSVWPUN HUK JVU[YVSSPUN O\THU YLZV\YJLZ ^P[OPU [OL VYNHUPaH[PVU PZ L_HTPULK :WLJPHS LTWOHZPZ ^PSS IL WSHJLK VU [OL HYLHZ VM YLJY\P[PUN ZLSLJ[PVU [YHPUPUN SHIVY YLSH[PVUZ ZHSHY` HUK MYPUNL ILULÃ&#x201E;[ HKTPUPZ[YH[PVU ;YHUZMLYZ HZ LSLJ[P]L JYLKP[ VUS` JYLKP[Z 3LJ[\YL
*OLTPZ[Y` */4 */4 â&#x2013;¼
:WLJPHS ;VWPJZ PU *OLTPJHS :JPLUJL +LZPNULK MVY LSLTLU[HY` HUK ZLJVUKHY` [LHJOLYZ [V WYV]PKL HU LZZLU[PHS IHJRNYV\UK PU [OL HWWSPJH[PVU VM ZJPLUJL [V H [VWPJ VM ZVJPL[HS PU[LYLZ[ ;OL JV\YZL TH` IL YLWLH[LK MVY JYLKP[ PM H KPMMLYLU[ [VWPJ PZ [H\NO[ 9LWLH[HISL ;PTLZ JYLKP[Z 3LJ[\YL
7O`ZPJHS :JPLUJL 00 0(0 7 3
*/4
*VUJLW[Z VM *OLTPZ[Y` 0(0 7 3 (U PU[YVK\J[PVU [V [OL JVUJLW[Z VM JOLTPZ[Y` ^OLYL PUMVYTH[PVU PZ WYLZLU[LK [V Z[\KLU[Z ^P[O SP[[SL IHJRNYV\UK VY UV WYPVY PU[LYLZ[ PU JOLTPZ[Y` HUK [OVZL Z[\KLU[Z ^OV HYL UV[ PU[LYLZ[LK PU HIZ[YHJ[ VY TH[OLTH[PJHS [OLVYPLZ *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL 3HI 3HI +PZJ\ZZPVU
*/4
0U[YVK\J[VY` *OLTPZ[Y` 0 0(0 7 3 -\UKHTLU[HSZ VM PUVYNHUPJ JOLTPZ[Y` PUJS\KPUN OPZ[VY` H[VTPJ [OLVY` IVUKPUN Z[VPJOPVTL[Y` NHZLZ ZVSPKZ ZVS\[PVUZ JOLTPJHS LX\PSPIYPH HJPKZ IHZLZ ZHS[Z W/ HUK LSLJ[YVJOLTPZ[Y` *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL 3HI 3HI +PZJ\ZZPVU
*/4
0U[YVK\J[VY` *OLTPZ[Y` 00 7YLYLX\PZP[LZ! */4 :[\K` VM VYNHUPJ HUK IPVSVNPJHS JOLTPZ[Y` MVY Z[\KLU[Z PU HSSPLK OLHS[O WYVNYHTZ HNYPJ\S[\YL MVYLZ[Y` HUK V[OLY THQVYZ ^P[O JVTWHYHISL YLX\PYLTLU[Z *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL 3HI 3HI +PZJ\ZZPVU
*/4
.LULYHS *OLTPZ[Y` 0 0(0 7 3 7YLYLX\PZP[LZ! `Y /: *OLTPZ[Y` */4 VY JVUZLU[ VM +P]PZPVU *OHPY .LULYHS WYPUJPWSLZ VM JOLTPZ[Y` MVY Z[\KLU[Z THQVYPUN PU JOLTPZ[Y` LUNPULLYPUN VY ZJPLUJL WYVMLZZPVUZ *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL 3HI 3HI +PZJ\ZZPVU
*/4
.LULYHS *OLTPZ[Y` 00 7YLYLX\PZP[LZ! */4 *VU[PU\LZ [OL Z[\K` VM NLULYHS JOLTPJHS WYPUJPWSLZ *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL 3HI 3HI +PZJ\ZZPVU
*/4
6YNHUPJ *OLTPZ[Y` 0 7YLYLX\PZP[LZ! */4 -\UKHTLU[HS PU[YVK\J[PVU [V VYNHUPJ JOLTPZ[Y` PUJS\KPUN H Z[\K` VM O`KYVJHY IVUZ HUK HSJVOVSZ ^P[O ZWLJ[YVZJVW` Z[LYLVJOLTPZ[Y` HUK YLHJ[PVU TLJOHUPZTZ ;V IL [HRLU JVUJ\YYLU[S` ^P[O */4 *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL
*/4
6YNHUPJ *OLTPZ[Y` 00 7YLYLX\PZP[LZ! */4 ;OPZ JV\YZL PZ H JVU[PU\H[PVU VM 6YNHUPJ *OLTPZ[Y` 0 */4 ^P[O MVJ\Z VU JHYIVU`SZ JOLTPZ[Y` V_PKH[PVU HUK YLK\J[PVU HUK IPVTVSLJ\SLZ ;V IL [HRLU JVUJ\YYLU[S` ^P[O */4 *V\YZL 3L]LS -LL JYLKP[Z 3LJ[\YL
*/4
6YNHUPJ *OLTPZ[Y` 3HI 0 3HIVYH[VY` JV\YZL PU[YVK\JLZ Z`U[OLZPZ HUK [OL IHZPJ [LJOUPX\LZ MVY [OL ZLWHYH[PVU PZVSH[PVU W\YPÃ&#x201E;JH[PVU HUK PKLU[PÃ&#x201E;JH[PVU VM VYNHUPJ JVTWV\UKZ *V\YZL PZ KLZPNULK MVY JVUJ\YYLU[ YLNPZ[YH[PVU PU */4 *VYLX\PZP[L JV\YZLZ! */4 JYLKP[Z 3HI 3HI +PZJ\ZZPVU
*/4
6YNHUPJ *OLTPZ[Y` 3HI 00 3HIVYH[VY` L_WLYPTLU[Z PU VYNHUPJ JOLTPZ[Y` ^P[O H MVJ\Z VU T\S[P Z[LW Z`U[OLZPZ *V\YZL PZ KLZPNULK MVY JVUJ\YYLU[ YLNPZ[YH[PVU PU */4 *VYLX\PZP[L JV\YZLZ! */4 JYLKP[Z 3HI 3HI +PZJ\ZZPVU
*P]PS ,UNPULLYPUN ;LJOUVSVN` *,; *,;
*P]PS *VUZ[Y\J[PVU 0 :[\K` VM JP]PS JVUZ[Y\J[PVU PUJS\KPUN [`WLZ VM WYVQLJ[Z WLYZVUULS LX\PWTLU[ TH[LYPHSZ HUK TL[OVKZ )S\L WYPU[ YLHKPUN HUK ZWLJPÃ&#x201E;JH[PVU PU[LYWYL[H[PVU MVY OLH]` JVUZ[Y\J[PVU PZ HSZV LTWOHZPaLK JYLKP[Z 3LJ[\YL
*,;
*P]PS *VUZ[Y\J[PVU 00 7YLYLX\PZP[LZ! *,; -HTPSPHYPaLZ [OL Z[\KLU[ ^P[O IHZPJ JVUJLW[Z VM JVUZ[Y\J[PVU THUHNLTLU[ ^P[O ZWLJPHS LTWOHZPZ VU JVU[YHJ[Z JVZ[ LZ[PTH[PUN WYVNYLZZ ZJOLK\SPUN LUNPULLY PUN LJVUVTPJZ HUK X\HSP[` JVU[YVS JYLKP[Z 3LJ[\YL