Учитель музыки № 1 / 2008 (2) by Журнал "Учитель музыки"

D > A 6 A 0 9 7 8 = H A 08 Kmf b]b d \ct @^_f gB^gf\]^m \^mth gB^\ h^mp nj\f:îm[êef sim^md@îbf_f ldbc] d @mf [i^ m]bd \^c]^mit \ct mf_f @mfZp hj`p bj d`fZB]`dm^cqef^ dibjiim[f hdBf[jA nj \f:îm[êejA bjcqmjBj cd;dmq e^`]icj :êef_f im]mji] [mfBfim^gêepn E @^h :^ `]bcA@]^mit kêfhê hj`pb]cq ef_f dibjiim[] mfa j\d[dm^cqefa 3[mfBfa gBdBf\p6 Q K]_]e bfmfBjA if`\]c +)+ 0.&#0. 4 C^cf[^b Qj`pb]cqepa Cmf dh^c [[d\j F K]Z]c^[ibda bf_\] gBd`p[]c e^ f_B]ed@d[]mqit j`bfgBfkîid fe]cqephd B]hb]hd Ffc:ef cd fZt`]m^cqef ijrîm[f[]mq m]bf^ e]gB][cêd^ B]Zfmp i \^mq hd b]b bfebjBip d kîmd[]cd d @mf B^Zêfb [peî^m \ct i^Zt gfic^ j@]i mdt [ m]bfh ifimt`]edd N^ e]im]c] cd gfB] [^Bejmqit b B]`hp;cêdth f gBfkîidd gB^gf\][]m^ ct \^mibfa hj`pb]cqefa ;bfcp Ei7 cd `\îq Zc]_fgfcj@ef dcd îmq e]\ @^h `]\jh]mqit Ymd [fgBfip 4 m^ d` e^hef_dn bfmfBp^ im][tmit [ B]Zfm]n fgjZcdbf[]e epn [f [mfBfh efh^B^ e];^_f :jBe]c] N^ [i^_\] ][mfBp \]Am gBthp^ fm [^mp RbfB^^ fed gBd_c];]Am E]i e];dn @dm]m^câ gf_f[fBdmq fZ smfh gfB]`hp;ctmq gf\^cdmqit i[fdhd hpicthd d fgpmfh Kfi[êep^ fm[^mp e] e^bfmfBp^ d` gf\etmpn gBfZc^h bmf mf ihf:^m e]amd [ B]`hp;cêdtn L E 9bfctB bmf mf 4 [ im]mq^ G M X^BZ]bf[fa dcd G M L]_jmde] bmf mf 4 [ B]Zfm]n F D K]Z]c^[ibf_f dcd Bt\f[pn j@dm^câ hj`pbd B]Zfm]A rdn [ idim^h^ \fgfcedm^cqef_f fZB]`f[]edt N] efmefa [bc]\b^ m]b:^ hf:ef e]amd fm[^mp e] :d[fmB^g^rjrd^ [f gBfip gfibfcqbj fief[ephd @dm]m^cthd :jBe]c] hp j[^Bêp t[ctAmit gB^\im][dm^cd [d\] +)+ 0.&#0. ^r^ B]` f _c][efh 4 e] t`pb^ hj`pbd K]:\fhj @dm]m^cA Zj\^m dem^Bîef d Zcd`bf @mf mf i[f^ S b]:\f_f d` []i hf_jm [fèdbejmq i[fd gB^\cf:êdt gfmfhj @mf dh^^mit i[fa :dèê epa d g^\]_f_d@îbda fgpm Qp i Zc]_f\]BefimqA gBdh^h [];d d\^d R j[]:êd^h C 7 =QNQWRO]VQh SWQOYdU 3RPQVaZ3 ,^3YQWQ %E1XaRWe \^TdVX( PX3RVaZ3 C^TdVQWeYZSZ V^Wea^3YZ ZN3QTZOQaRWeYdU `RYa3Q X\ 7 5 =QNQWRO]VZSZ N]; ]\Bî Qfib[] jc PB^@dimêb] b[

K]Z]c^[ibfa Q F

*^ 3 Y Q W &E4?H9>K CE;J=?) /

DWZOZ 3RPQVaZ3Q / $ ! #$& +VZWh3 > 6 PBfZc^hp B]`[dmdt hj`pb]cqef_f fZB]`f[]edt [ jicf[dtn ifld]cqepn g^B^hê =QNQWRO]VXU 7 5 Oief[ep^ gBdeldgp d h^mf\p sbig^Bdhêm]cqefa gBf_B]hhp gf hj`pb^ \ct fZr^fZB]`f[]m^cqefa ;bfcp [[f\e]t im]mqt LR3NQVZOQ 8 ? CmfZp e^ gf_]i f_feq ^r^ B]` f hj`pb^ hj`pb]cqefh [figdm]edd d gBfkîidd g^\]_f_] hj`pb]em] [ if[B^hêefh hdB^ % " ! #" $ $ ( >QSâXY 8 ? O gBfkîidd gB^gf\][]m^ct \^mibfa hj`pb]cqefa ;bfcp [[^\êd^ [ gBfkîidA %A -VZWR X]V^]]aO TQ\ZWOXae Nd ]WZOZ ( " $%-+ & +$ " ' $ $+=Z]a2bXYQ 9 @ N^bfmfBp^ imB]edlp m[fB@îm[] fm^@îm[êepn bfhgf`dmfBf[ [ B^g^Bmj]B^ bc]ii] kfBm^gd]ef FQ9 d F9M ! ' " $ $ "! CZ`Q3a X B3ZVZ_eRO 6aZ3ZR ZaPRWRYXR @ ?5?< 7>=7 ;?>E7 F6 37B75H ( "'+$ $ ?T Q3bXOYdb \QaR3XQWZO =Q]ehYZOQ ? 8 J]@^h IQK `]m^tc smfm bfebjBi B3ZV^PXYQ : 6 >QTQY1XYQ 8 6 Pc]e^m] \fZB] d i[^m] +- " '$ -+" 7\Xa3XROQ @ @ K c^mdA G Q M[]ef[] KB]hibf_f 7R]hadU 2NXWRUYdU #$+# " !"$+ =QNQWRO]VXU 7 5 L^_bd^ []Bd]ldd :WXg3 0 C Q]cêqb]t gfsh] :WXg3 0 C >fh]ei B3ZVZ_eRO D D I][fm d` Rdhkfedd = 3Kc]iid@îbfa6

9 L 9 0 8 ; A :> 8 6 @ A C

% $ ! &- "+" &( - !.#$ $ $ $ #" ('!$ " , '$*" !.#-, % & # +VZWh3 > 6

> 6 +VZWh3 [3ZUPh [^ae Za ^1XaRWh \^TdVX X YQ^1YZSZ ]Za3^PYXVQ PZ QVQPR\X VQ 0Z]]XU]VZU QVQPR\XX ZN3QTZOQYXh ] SZPQ OZTSWQOWhRa ]aQ3RU-RR YQ^1YZ X]]WRPZOQaRWe]VZR ^13R,PRYXR O ]X]aR\R 08A TQYX\Q2fRR]h YQ^1Yd\X [3ZNWR \Q\ b^PZ,R]aORYYZSZ ZN3QTZOQYXh O 0Z]]XX >2P\XWQ 6QWRYaXYZOYQ OXPXa [3ZNWR \d b^PZ,R]aORYYZSZ ZN3QTZOQYXh YR aZWeVZ XT ZVYQ VQNXYRaQ PX3RVaZ3Q ?IA 08A 6 ]OZRU 3QNZaR ZYQ Z]YZOdOQRa]h YQ WX1YZ\ Z[daR ZNfRYXh ] 7 5 =QNQWRO]VX\ Z] YZOYdb \RaZPQb X [3XY`X[Qb [3R[ZPQOQYXh \^TdVX O -VZWR [ZW^1RYYdb VQV SZ OZ3Xa]h %XT [R3Odb 3^V( O ]Z]aQOR ZPYZSZ XT [R3Odb [ZaZVZO ^1XaRWRU Z]OQXOQO -Xb @ZO^2 [3ZS3Q\\^ [Z \^TdVR DZa3^PYXVX 3RPQV`XX O NR]RPR Z ]ZPR3,QYXX ,^3YQWQ ] >2P\XWZU 6QWRYaXYZO YZU VQV ] [3RP]aQOXaRWR\ ZPYZSZ Xb a3Rb RSZ ^13RPXaRWRU ?Y]aXa^a b^PZ,R]aORY YZSZ ZN3QTZOQYXh 08A TQa3ZY^WX YRVZaZ3dR %NZWeYdR( aR\d O aZ\ 1X]WR ' ZN ZP YZ\ 1Q]R O YRPRW2 ZaORPRYYZ\ PWh [3RP\RaQ %C^TdVQ( O ZNfRZN3QTZOQaRWeYZU -VZWR =3Z\R aZSZ O ]aQaeR [ZPYX\Q2a]h OZ[3Z]d ]Q\Z`RYYZ]aX ^3ZVQ \^TdVX VQV ^3ZVQ X]V^]]aOQ [3ZNWR\d ZNYZOWRYXh ]ZPR3,QYXh \^TdVQWeYZSZ ZN3QTZOQ YXh 3QT3QNZaVX ^1RNYXVZO YZOZSZ [ZVZWRYXh [Z \^TdVR 0RT^WeaQaZ\ ]aQW g\Z`XZ YQWeYdU \ZYZWZS > 6 +VZWh3 [ZWZ,RYYdU O Z]YZO^ gaZSZ \QaR3XQWQ

f@^hj mf [i^ j[^Bêp @mf fi[fZf\dmq B^Zêb] gf\Bfi mb] fm dibjiim[] fm[^\t e] e^_f [i^_f f\de @]i [ e^\^cA smf efBh]cqef G j[^cd@dmq bfcd@îm[f @]if[ e] hj`pbj d`fZB]`dm^cqef^ dibjiim[f 4 sbig^Bdhêm Ei^ ]Zif cAmef e]fZfBfm Mibjiim[f b]:\pa \êq [ ;bfc^ [ B]èpn kfBh]n 4 [gfce^ efBh]cqef ] [fm f\de @]i 4 ed @mf def^ b]b sbig^Bdhêm R^_f\ et gB^\im][cêd^ f @^cf[^b^ fZB]`f []eefh j[p e^ i[t`p[]^mit i jBf[ e^h ^_f bjcqmjBp Qf:ef cd \fgji mdmq @mfZp cd@efimq e^ dhÂr]t edb]bf_f gfetmdt f bjcqmjB^ b]b f eB][im[êef sim^md@îbfh fgpm^ gf

bfcêda fZîg^@d[]c] fZrîm[ê epa gBf_Bîi Efm `\îq mf d e]\f gf\jh]mq @mf gf\cdee]t eB][im[ê efimq gBdnf\dm b e]h gB^:\^ [i^_f @^B^` dibjiim[f d i i]hf_f e]@]c] fZB]`f[]edt if ;bfcp Fct e]@]c] @mfZp fZfè]@dmq bBj_ gBfZc^h i[t`]eepn i B]`[dmd ^h hj`pb]cqef_f fZB]`f[]edt e] if[B^hêefh sm]g^ d fgB^\^cdmq dimfbd dn [fèdbef[êdt e^fZnf \dhf gfim][dmq nfmt Zp e^bfmfBp^ [fgBfip Kmf b]b d `]@^h gB^gf\] ^m \^mth gB^\h^mp nj\f:îm[êef sim^md@îbf_f ldbc] d @mf [i^ m]bd \^c]^mit \ct mf_f @mfZp hj`pbj d`fZB]`dm^cqef^ dibjiim[f hdBf

[jA nj\f:îm[êejA bjcqmjBj g^ B^[îmd d` e^`]icj:êef_f B]`Bt\] [mfBfim^gêepn gB^\h^mf[ e] Zfc^^ [pifbjA imjgêq Kmf d bf_\] gBf [^Btc îcd e^ i e]j@efa mf@bd `B^ edt mf nfmt Zp i :dmâibfa @mf e] nj\f:îm[êef^ sim^md@îbf^ B]` [dmd^ cd@efimd [ ;bfc^ \fim]mf@ef f\ef_f @]i] [ e^\^cA Hicd _fij \]Bim[êe]t e^fZnf\dhfimq d \db mj^m m]bd^ ibj\ep^ [B^hêep^ B]h bd \ct jBfb] dibjiim[] [ ;bfc^ mf b]bf[] ^_f 3i^Zîmfdhfimq6 4 @mf hf:^m i\^c]mq j@dm^cq kfBhdBjt i[fa gf\nf\ dr] i[fA gf`dldA [ idmj]ldd [pZfB] d` hef_f@dicê epn gBf_B]hh j@^Zedbf[ h^mf\db

gf\ _e^mfh fm[^mim[êefimd `] nj \f:îm[êef^ fZB]`f[]ed^ i[fdn j@êdbf[ [ smfm ^\deim[êepa @]i [ e^\^cA Qp @]imf _f[fBdh @^cf[^b \fc :ê B]`[d[]mqit l^cfimef Ymf [ g^B[jA f@^B^\q fZt`p[]^m B]`[d[]mq ^_f \j;j d m^cf [ bfhgc^bi^ R smdh if_c]iep [i^ G e] \^c^ N] \^c^ ;bfc] [ Zfcq;â im^gêd B]`[d[]^m m]b ib]`]mq _fcf[j dZf cf_d@îbf^ hp;cêd^ fZîg^@d[]^m :dèêepa jig^n [ if[B^hêepn jicf[dtn bf_\] [p:d[]ed^ im]cf j\^cfh hdccdfef[ cA\â OmiA\] j[c^@êd^ è]edthd bfmfBp^ 3Zj\jm gfc^èp [ :dèd6 K if:]cêdA [it idim^h] fZB]`f[]edt fBdêmdBf[]e] e] l^cd i^_f\et;e^_f \et @mf i]hf gf i^Z^ j:^ t[ct^mit \dibB^\dm]ld â fZB]`f[]edt b]b h^n]ed`h] B]`[d mdt ld[dcd`]ldd [ffZr^ KBfh^ mf _f gfimfteef d_efBdBj^mit mf@b] `Bêdt e] @^cf[^b] b]b e] ijrîm[f fmcd@]Ar^ît fm [i^_f :d[f_f e] `^hc^ dhêef m^h @mf flêd[]^m :dèq e^ mfcqbf i gf`dlda gfcq`p fg]iefimd gBf\fc:êdt Bf\] d mfhj gf\fZef^ mf îmq e] jBf[e^ deimde bmf[ E mfh d [^cd@d^ @^cf[^b] @mf fe flêd[]^m :dèq ^r^ i mf@bd `B^ edt _]Bhfedd d bB]ifmp E smfh ihpic^ dibjiim[f îmq igfifZ ij rîm[f[]edt @^cf[^b] ^_f Bf\f[]t igfifZefimq ] e^ gBfimf e^@mf gBd \jh]eef^ \ct fkfBhcêdt Zpm] dcd j\f[c^m[fBêdt dem^Bîf[ ;fj Zd` eî] @mf hp iâ@]i d e]ZcA\]^h Pfsmfhj [fgBfi 3J]@^h gB^gf\]^mit dibjiim[f [ ;bfc^ 6 [p_ct\dm gf hêq;â h^B^ imB]eef Oef gfmfhj d gB^gf\]^mit @mf [ ;bfc^ j@dmit C^cf[^b d j@dmit C^cf[^@îbfhj Ei^ @mf [figdmp[]^m i^B\l^ d \j;j îmq [ dibjiim[^ Qf:ef cd i@dm]mq \j;^[ep^ b]@îm[] @^cf[^b] [mfBf im^gêephd Kfe^@ef e^m Nf mf_\] d gB^\h^mp dibjiim[] e^cq`t i@dm]mq [mfBfim^gêephd d m^h Zfc^^ ed`[f \dmq dn \f smf_f jBf[et K]b @]imf gBd bfBB^bmdBf[b^ j@^Z epn gc]ef[ @];] [îf[ [ [pZfB^ b] bd^ @]ip ifbB]mdmq ] b]bd^ j[^cd @dmq ibcfet^mit e^ [ gfcq`j gB^\h^ mf[ dibjiim[] Himîm[êef @mf b]: \pa g^\]_f_ B]mj^m `] i[fa gB^\h^m d @j[im[j^m i^Zt [ gfcefh gB][^ \^ c]mq smf Nf îcd [p igBfidm^ j@dm^ ct dibjiim[] f mfh @mf e]\f 3[p

ejmq6 gf ^_f heêdA d` ;bfcqefa gBf_B]hhp B]\d i[f^_f gB^\h^m] fe [Bt\ cd fm[^mdm gf\fZeph fZB]`fh e^ Z^Bt e] i^Zt fm[^mim[êefimq `] ifbB]rêd^ @]if[ gf h]m^h]mdb^ Zdfcf_dd kd`db^ d m]b \]c^^ <ief 4 kje\]hêm]cqef^ fZB]`f[]ed^ Z^` [i^_f smf_f fZfamdiq e^ hf:^m G Z^` dibjiim[] M bf_\] _fij\]Bim[êe]t fZB]`f[] m^cqe]t gfcdmdb] im][dm i[fâ l^cqA ied`dmq j@^ZejA e]_Bj`bj j@]rdnit @mf mf:^ gB][fh^Bef mf gBfdinf\dm smf dhêef `] i@^m gB^\ h^mf[ dibjiim[] Efm d fm[^m e] [f gBfi N]cdlf g]B]\fbi \^bc]BdBj ^h _jh]ed`]ldA fZB]`f[]edt \jnf[ efimq b]b [pi;jA lêefimq ] [iA fZB]`f[]m^cqejA idim^hj gf\imB]d []^h gf\ gB]_h]md@îbd^ l^cd O\ef \^cf []:efimq d è]@dhfimq gB^\h^m] d if[i^h \Bj_f^ 4 b]@îm [f gB^gf\][]edt d h]im^Bim[f j@d m^ct K]bd^ fief[ep^ mê\êldd [ h^mf\db^ hf:ef gBfic^\dmq O@^ [d\ef ijrîm[f[]ed^ \[jn gf\nf \f[ O\de 4 3mB]\dldfeepa6 smf gB^gf\][]ed^ dibjiim[] b]b j@^Z efa \dildgcdep ^_f gf\@deêd^ cd;q fZr^\d\]bmd@îbdh gBdeld g]h Mhêef `\îq fZj@êd^ hj`pb^ @]r^ [i^_f fZnf\dm imfBfefa gBf_ Bîid[ep^ \fimd:êdt B]`[d[]A râ g^\]_f_dbd EmfBfa gf\nf\ 4 gB^gf\][]ed^ hj `pbd b]b 3:d[f_f6 dibjiim[] gf ibfcqbj smf e^ e]j@e]t \dildgcde] bfmfBjA d`j@]Am ] dhêef dibji im[f bfmfBf^ gBfZj:\]^m m[fB@î bd^ idcp B^Zêb] PBfZc^h] e^ [ mfh @mf cj@;^ E smdn gf\nf\]n di gfcq`jAmit B]èp^ fief[]edt Pf c]_]A @mf [i^ `][didm fm 3imdct hp;cêdt6 @^cf[^b] Fct bf_f mf jBfb hj`pbd gf b]bfa Zp gBf_B]hh^ fe ed B]Zfm]c [i^ B][ef fim]e^mit jBfbfh B]`j@d[]edt gîê dcd gBf icj;d[]edt hj`pb]cqef_f gBfd`[^ \êdt ifgBf[f:\]^hf_f B]iib]`fh Zdf_B]kdd ^_f ][mfB] Rf[B^hêefa nj\f:îm[êefa g^\]_f_db^ ^r^ e^ j\]cfiq \fimd@q mf_f @mfZp d if\^B :]ed^ [i^n gB^\h^mf[ nj\f:îm[ê ef sim^md@îbf_f ldbc] d dn h^mf \d@îbf^ fZîg^@êd^ fm[^@]cd gBdBf\^ dibjiim[] Qp `]Zp[]^h f mfh @mf dibjiim[f e^ 3B]Zfm]^m6 e] fZp\êefh jBf[e^ fef g^B^fihpicd[]^m :dèq @mfZp

`]fimBdmq [edh]ed^ e] dimdeef \j nf[epn lêefimtn è]@dhpn \ct [i^_f @^cf[^@îm[] Oef [ZdB]^m [ i^Zt [i^fZr^^ eB][im[êef^ d sim^ md@îbf^ gfsmfhj `]bfefh^Bef mB^ Zj^m kdcfifkibf_f jBf[et g^B^fi hpicêdt :dèd Qef_d^ gfc]_]Am @mf dibjiim[f 4 smf iB^\im[f 3Mibjiim[f 4 iB^\im[f eB][im[êef_f [figdm]edt6 3dibji im[f b]b iB^\im[f kfBhdBf[]edt g]mBdfmd@îbdn @j[im[6 [figdm]edt bfcc^bmd[d`h] d m \ Pf hf^hj [ smfh bcd;^ ibBpm bfBêq f@êq i^ Bq^èfa gBfZc^hp Pfetmê g]kfi h^mf\d@îbdn B]`B]Zfmfb d e]`[]edt m]bdn hef_f@dicêepn \fbc]\f[ Ndbmf e^ ifhe^[]^mit [ [figdm]m^cq efh gfmêld]c^ dibjiim[] m]b :^ b]b d \Bj_dn ;bfcqepn gB^\h^mf[ Efigdm]ed^ @^B^` dibjiim[f `]\]^m it if\^B:]ed^h i]hfa hj`pbd bfmf B]t îmq e]bfgcêepa [i^hd gfbfc^ edthd \jnf[epa fgpm @^cf[^@îm[] Pfmfhj \ct e]i gBdeldgd]cqe] jim]ef[b] fmim]d[]Ar]t B6A?E7> >?BFI hj`pb]cqef_f dibjiim[] gf hf_]Ar^_f B^Zêbj gfè]mq hdB d i]hf_f i^Zt [ smfh hdB^ E cf_db^ smfa hpicd gBdfZB^m]^m è]@êd^ gfedh]ed^ j@dm^c^h hj`pb]emfh ihpic] i[fâ \^tm^cqefimd O\e] d` []:eâ;dn `]\]@ gfic^\ edn c^m 4 gBfZc^h] fZef[cêdt if \^B:]edt E g^B[jA f@^B^\q fe] gBft[ct^mit [ []Bd]md[efimd gBf _B]hh d j@^Zedbf[ M smf f@êq nf Bf;f K]:\pa j@^Zef h^mf\d@î bda bfhgc^bm gf hj`pb^ fZt`]m^cqef e]a\^m i[f^_f j@dm^ct d hp ][mfBp smf è]^h E i[^m^ [p;^d`cf:êepn gBfZc^h t fim]ef[cAiq e] bfel^gmj]cqepn gfcf:êdtn c^:]rdn [ fief[^ j@^Z ef h^mf\d@îbf_f bfhgc^bm] 3Qj`p b]cqef^ dibjiim[f6 d e]gfheA ^r^ B]` ^_f ][mfBf[ Si]@^[] E]c^Bdt Oc^_f[e] bfhgf`dmfB b]e\d\]m g^ \]_f_d@îbdn e]jb Kj`qhde] Ocq_] E]idcq^[e] nj\f:edb j@dm^cq d`fZ B]`dm^cqef_f dibjiim[] 9bfctB Ec]\dhdB Gc^bi]e\Bf[d@ b]e\d\]m g^\]_f_d@îbdn e]jb \flêm d 9bf ctB LA\hdc] E]cêmdef[e] ][mfB \]eefa im]mqd RB^\d bfel^gmj]cqepn gfcf:^ eda c^:]rdn [ fief[^ j@^Zef h^ mf\d@îbf_f bfhgc^bm] ic^\j^m [p \^cdmq

5 gB^gf\][]ed^ hj`pbd [ ;bfc^ b]b :d[f_f fZB]èf_f dibjiim[] d b]b l^cfimef_f t[cêdt ic^\im[d^h @^_f im]ef[dmit \fimd:êd^ iffm [^mim[dt h^mf\] gfè]edt if\^B:] edA i]hf_f gB^\h^m] gfè]edt 5 [f`[p;êd^ B^Zêb] \f kdcf ifkibf sim^md@îbfa ijrefimd di bjiim[] Eg^B[p^ dhêef [ \]eefh bfhgc^bm^ [[^\ê ef[pa m^Bhde 3gBfZc^h]md`]ldt if\^B:]edt hj`p b]cqef_f fZB]`f[]edt6 @mf \]^m j@d m^cA 3bcA@6 b B]iihfmBêdA hj`p b]cqepn t[cêda [ ;dBfbfh ifldf bjcqmjBefh bfem^bim^ 5 gBfedbef[êd^ [ gBdBf\j dibji im[] d ^_f `]bfefh^Befimd gf`[fct^m [figBfd`[îmd i]h gBflîi gBfdi nf:\êdt dibjiim[] gfimd@q nj\f :îm[êepa ihpic hj`pb]cqepn gBfd`[^\êda b]b i[fa ifZim[êepa 5 \^tm^cqefimef^ fi[fêd^ dibji im[] iffZB]èf ][mfBibdh h^mf\]h 3hf\^cdBf[]ed^ nj\f:îm[êef m[fB@îbf_f gBflîi]6 L E 9bf ctB 3if@deêd^ d dhgBf[d`]ldt hj `pbd6 3if@deêd^ if@deêef_f6 4 E O Si]@^[] 3h^mf\ if\^B:]m^cq ef_f ]e]cd`]6 E G 9bfctB E if [fbjgefimd smd h^mf\p \]Am [f` hf:efimq ;bfcqedb]h f[c]\^[]mq nj\f:îm[êeph hp;cêd^h gBf edb]t [ gBdBf\j hj`pb]cqef_f m[fB @îm[] i gf`dlda bfhgf`dmfB] di gfcedm^ct icj;]m^ct Ymd bfel^gmj]cqep^ d\^d gfic^ \f[]m^cqef [fgcfr]Amit [f [i^n `[êqtn h^mf\d@îbfa idim^hp gfim Bfêdt j@^Zef_f bjBi] 3Qj`pb]cq ef^ dibjiim[f6 [ g^B[jA f@^B^\q [ j@^Zedb]n d B]Zf@dn m^mB]\tn d e] gB][cêp e] B]`[dmd^ [figBdtmdt j@^Zef_f h]m^Bd]c] @mf B]i;dBt^m [f`hf:efimd \ct if`\]edt gBfZc^h ef_f gfct \^tm^cqefimd B^Zêb] PBfZc^h]md`]ldt if\^B:]edt hj`p b]cqef_f fZB]`f[]edt t[ct^mit cf_d @îbdh [pB]:êd^h m]bf_f bfel^g mj]cqef_f fihpicêdt E \]eefa ;bfcqefa gBf_B]hh^ gf t[dc]iq gBfZc^hefimq e^ b]b igfifZ if`\]edt gfdibf[pn idmj]lda smf i]hf ifZfa B]`jh^^mit ] gBfZc^h] md`]ldt if\^B:]edt fZB]`f[]edt b]b 3 fifZf^ \âim[d^ [`Bficf_f d B^ Zêb] gf gBd\]edA kfBhp e^`][^B ;êefimd e^fgB^\^cêefimd B]` cd@eph bfhgfeêm]h ifldfbjcqmjB ef_f fgpm]6 E V Kj\Bt[l^[ Oe]

gB^\jih]mBd[]^m e^ gBfimf^ gBdi[f êd^ @^cf[^@îbf_f fgpm] `]g^@]m cêef_f [ hj`pb^ ] e]gB][cê] e] [fiif`\]ed^ gBflîij]cqefimd gBf dinf:\êdt hj`pb]cqepn t[cêda d k]bmf[ diic^\f[]ed^ dn [ejmBêeâ icf:efimd d gBfmd[fB^@d[fimd Me]@^ _f[fBt gBfZc^h] e^ dh^^m f\ efè]@ef_f B^;êdt fe] hf:^m mfcqbf diic^\f[]mqit ] è]@dm jBfb dibjiim[] gB^[B]r]^mit [ :d[fa di ic^\f[]m^cqibda gBflîi Fct B^]cd`]ldd h^mf\dbd [ m]bfa ijrefimd B]`B]Zfm]ep ][mfBibd^ h^mf\p Qf\^cdBf[]ed^ nj\f:îm[êef m[fB@îbf_f gBflîi] L E 9bf ctB Pf_Bj:]t ;bfcqedbf[ [ dimf Bd@îbda gBflîi gBfdinf:\êdt dibjiim[] h^mf\ gBd`[]e fZîg^ @dmq ;bfcqedb]h [f`hf:efimq B^] cd`f[]mq @^cf[^@îbjA igfifZefimq fi[]d[]mq hdB sim^md@îbd >]ibBp []t ijrefimq nj\f:îm[êef_f hp;cêdt fe gf\[f\dm ;bfcqedbf[ b gfedh]edA _c][ef_f b gfedh] edA `]bfefh^Befimâ hj`pb]cqefa B^@d b]b idim^hp nj\f:îm[êepn idh[fcf[ hj`pb]cqefa kfBhp b]b fifZfa ihpicf[fa fB_]ed`]ldd smdn idh[fcf[ E^\q b]:\f^ demfe]ldfe ef^ B]`[dmd^ hf:^m idh[fcd`dBf []mq bfelêmB]ldA [fcd d B^;dhfi md se^B_dd if`d\]edt cdZf [p`[]mq frjrêd^ B]`hp;cêdt cdBd@î bf_f g^B^:d[]edt i[d\^m^cqim[f []mq f e^B^;dm^cqefimd e^j[^Bê efimd cdZf B]ibB^gfimdmq [ @^cf[^ b^ [î^cjA se^B_dA AhfB d m \ Dc] _f\]Bt [figBfd`[^\êdA gBdBf\p nj\f:îm[êef_f m[fB@îm[] gBf ic^:d[]edA im]ef[cêdt hj`pbd [ l^cfh d [ fm\^cqepn ^^ _B]etn gft[ ct^mit [f`hf:efimq if`\]edt jed [^Bi]cqefa h^mf\dbd fief[]eefa e] `]bfefh^Befimtn dibjiim[] 3Q^mf\ if@deêdt d dhgBf[d`] ldd6 3Rf@deêd^ if@deêef_f6 4 E O Si]@^[] H_f ijmq [ if`\]edd j@dm^c^h ]mhfik^Bp gB^\j_fmf[cê efimd b m[fB@îm[j bf_\] j@êdb nf @^m d _fmf[ gfimd@q ihpic i[fâ \^ tm^cqefimd bf_\] j e^_f gft[ct^mit frjrêd^ e^fZnf\dhfimd iB][edmq iffmeîmd [pZB]mq d e]amd mf @mf e]dcj@;dh fZB]`fh hf:^m [pB]`dmq ^_f icp;]ed^ d [d\êd^ mf_f dcd def_f hj`pb]cqef_f d :dèêef_f t[cêdt Mhêef sm] [ejmBêett B]

Zfm] j@êdb] gBflîi hpicêef_f d B^]cqef_f sbig^BdhêmdBf[]edt i [pB]`dm^cqephd iB^\im[]hd im]ef [dmit []:e^^ bfe^@ef_f B^`jcqm]m] fifZêef e] e]@]cqepn sm]g]n [nf: \êdt [ hj`pbj Q^mf\ e]gB][cê e] gf\\^B:]ed^ ifimftedt m[fB@îbf_f e]gBt:êdt e] B]ibBpmd^ ;bfcqed b]h k]bm] @mf C^cf[^b îmq dimf@edb d _c][epa 3deimBjhêm6 Bf:\êdt hj`pbd 4 [i^ @mf gft[ct^mit [ hj`p b^ îmq [fgcfrêd^ icf:efimd d Zf _]mim[] ^_f \jnf[ef_f hdB] Q^mf\ gfcj@dc m]bf^ e]`[]ed^ gfmfhj @mf gf\ Bjbf[f\im[fh j@dm^ct ;bfcqed bd j@]mit B]`hp;ctmq if@dett d i] hd mf_f e^ [^\]t f\ef[B^hêef [fi im]e][cd[]t [ fZrdn @^Bm]n `]bfef h^Befimd j:^ if@deêepn gBfd`[^ \êda Q^mf\ if\^B:]m^cqef_f ]e]cd`] E G 9bfctB Hicd gB^\p\jrda h^mf\ gf_Bj:]^m [ m[fB@îbjA c]Zf B]mfBdA bfhgf`dmfB] mf \]eepa h^ mf\ B]ibBp[]^m ;bfcqedb]h 3m^nef cf_dA6 \^tm^cqefimd icj;]m^ct O\e]bf fe gBfmd[fgfcf:ê h^mf\j 3if@deêdt if@deêef_f6 cd;q [ mfh ihpic^ [ b]bfh if@deêd^ d [figBdtmd^ if@deêef_f îmq 3\[^ imfBfep f\efa h^\]cd6 OZ] h^mf\] [figBfd`[f\t ^\dejA gBdBf\j nj\f :îm[êef_f m[fB@îm[] dhÂm f\ ed d m^ :^ ]c_fBdmhp kfBhdBjArd ît j ;bfcqedbf[ [ Bjic^ \[d:êdt hp;cêdt fm l^cf_f b @]imefhj fm if\^B:]edt b kfBh^ N] smfh \[d:^ edd b]b jedb]cqefh i[faim[^ @^cf [^@îbf_f ifè]edt fief[p[]^mit ^\deim[f e]j@ef_f d nj\f:îm[êef m[fB@îbf_f hp;cêdt Rjrefimq h^mf\] [ mfh @mf e] fi ef[^ n]B]bm^Bepn fifZêefimâ if fmef;êdt j:^ i]hpn g^B[pn hj`p b]cqepn ihpicf[ d [ fgfB^ e] fZfZ r]Ard^ 3kfBhjcp6 B]`[dmdt icj ;]m^cq [p\[d_]^m 3B]Zf@jA _dgfm^ `j6 B]`[dmdt hj`pbd [ \]eefh bfeb B^mefh gBfd`[^\êdd Pfim][d[ ^^ b]b if\^B:]ed^ 3[g^B^\d6 [figBd tmdt d gfcq`jtiq h^n]ed`hfh 3fg^ B^:]Ar^_f fmB]:êdt6 ;bfcqedb icj;]m^cq gfcj@]^m [f`hf:efimq @j[im[f[]mq d \jh]mq fm if\^B:]edt gfimfteef gBf^ldBjt [p\[dejmjA nj\f:îm[êejA d\Â e] `[j@]rjA bfebB^mejA kfBhj Ymf gBd\]^m [i^ hj [figBdtmdA e^ gficj;ef g]i id[epa bf_\] `[j@]r]t kfBh] e]

gfcet^mit if\^B:]ed^h gfmfh ,+./ %!i/0) ] `]dem^Bîf[]eepa d m[fB @îbda n]B]bm^B N] i^_f\et;eda \êq j:^ hf:ef _f[fBdmq f ibc]\p[]Ardnit 3hf\^ ctn6 j@^Zedb] gf hj`pb^ VB]\dld feef fed dhÂm [pB]:êejA \d\]b md@îbjA e]gB][cêefimq dn jBf [êq hf:ef fgB^\^cdmq b]b 3icf[]B ef dekfBh]md[epa6 j@^Zedbd icf []Bd j@^Zedbd nBîmfh]mdd dcd 3fmB]:]m^cqef dccAimB]md[epa6 gfdib ]e]cf_da hj`pb]cqepn d :dèêepn t[cêda _\^ gB^fZc]\] ^m gfetmdaef bfeim]mdBjAr^^ è] ed^ PBd@defa mfhj t[ctAmit icf: efimd bfmfBp^ [p\[d_]^m i]h] hj `pb] 4 dibjiim[f `[j@]r^^ d [B^ hêf ^ Hicd ^r^ dh^mq [ [d\j hded h]cqepa hj`pb]cqef :dèêepa fgpm hc]\;^_f ;bfcqedb] f_B]ed @êepa gfetmdaepa `]g]i fmijmim [d^ jhêdt @dm]mq fifZêef j \^ mâ ;îmd i^hd c^m mf i]h] d\^t j@^Zedb] gf hj`pb^ [p_ct\dm jmf gd@îbfa VBj\ef if`\]mq j@^Zedb gf hj`pb^ [ bfmfBfh hj`pbd e^m b]b m]bf[fa Ffc:ep b]bdh mf fZB] `fh 3`[j@]mq6 i]hd imB]edlp Pcf nfa j@^Zedb hf:^m \]mq e^[^Bef^ gB^\im][cêd^ \^mth fZ dibjiim[^ hf:^m gfh^;]mq [figBdtmdA hj`p bd B^Zêbfh G[mfBp \]eef_f j@^Zef h^mf\d @îbf_f bfhgc^bm] dinf\tm d` jZ^: \êdt @mf smd gB^gtmim[dt [ è]@d m^cqefa im^gêd gB^f\fcdhp îcd dinf\dmq d` è]bf[f idh[fcd@îbfa gBdBf\p hj`pbd dibjiim[] [ l^ cfh Qf:ef [nf:\êd^ \^mâ [ hj `pbj @^B^` Ked_j fijrîm[dmq b]b m[fB@îbda gBflîi îcd gfetmq fifZêefimd [figBdtmdt hdB] h] cêqbdh @^cf[^bfh 4 fZB]èfimq ]i ifld]md[efimq [ffZB]:êd^ demjd ldA 4 b]b 3d_Bj6 shfldfe]cqef_f hp;cêdt [pifbf_f jBf[et b]b kfBhj nj\f:îm[êefa g^B^B]Zfmbd :dèêef_f h]m^Bd]c] fief[efa \^tm^cqefimqA ;bfcqedbf[ im]e^m hpicêepa sbig^Bdhêm j@^Zedb i\^c]mq efidm^c^h e^ dekfBh]md[ ef_f ] idh[fcd@îbf_f ihpic] Pfsmfhj _c][ef^ [ B]Zfm^ i S@^Z edb]hd \]eef_f bfhgc^bm] 4 d_B] hpicd d @j[im[] bf_\] b]Bmdeb] hf:^m gBf@dmp[]mqit b]b è]b Bf: \]Arda icf[f icf[f hf:^m gBf@d mp[]mqit b]b `[jb dcd B]iih]mBd

[]mqit b]b b]Bmdeb] efmp im]ef[tm it [pB]`dm^cthd icf[ `Bdhpn fZ B]`f[ E B^`jcqm]m^ smfa d_Bp \fc: e] Bf:\]mqit hef_fh^Be]t gfcdkf edt dem^_B]md[epn gf ijmd idh[f cf[ g^B^nf\trdn f\de [ \Bj_fa d \fgfcetArdn \Bj_ \Bj_] fe] 3e] [pnf\^6 gBd`[]e] B]ibBpmq if\^B :]ed^ mf_f dcd def_f hj`pb]cqef_f gBflîi] hj`pb]cqef_f gfetmdt t[cêdt k]bm] Dfcq;f^ è]@êd^ \ct [figBdtmdt hj`pb]cqepn t[cêda if\^B:] rdnit [ j@^Zedb^ gBdfZB^m]^m nj \f:îm[êef^ [fgcfrêd^ hj`p b]cqef_f fZB]`] Eg^B[p^ [ gf\_f mf[b^ j@^Zedbf[ m]b :^ b]b d B]Zf @dn m^mB]\â e^ gBd[c^b]cit nj \f:edb if imfBfep cd;q dccAim BdBjArda 3@j:f^ m[fBêd^6 Wj \f:edb O E Kj`qhde] dh^t Zfcq ;fa g^\]_f_d@îbda fgpm d e]nf \tiq e] ^\defa i ][mfB]hd h^mf\fcf _d@îbfa gf`dldd [pimjgdc] B][ef gB][eph j@]imedbfh ][mfBibf_f bfc c^bmd[] Rf`\]ed^ [i^_f nj\f:îm [êef_f bfem^bim] bcA@^[pn B]`[f Bfmf[ j@^Zedb] imdcdimdbd B]Zf@â m^mB]\d gB^\gfc]_]cf imB^hcêd^ b e]dZfcq;â ]\^b[]mefimd j@^Zedb] hj`pb]cqefhj [figBdtmdA \^mâ K]:\pa B]`[fBfm bed_d 4 smf bfhgf `dldfeef^ ^\deim[f nj\f:îm[êef hj`pb]cqef_f d m^bimf[f_f if\^B:] edt gBf_B]hhp E l^cfh j@^Zedb i[fâ idh[fcd bfa gBd`[]e gfhf@q B^Zêbj [pamd e] fZfZrêdt [pifbf_f if\^B:] m^cqef_f dem^cc^bmj]cqef shfldf e]cqef_f jBf[et bf_\] gBd [figBd tmdd mf_f dcd def_f hj`pb]cqef_f gBfd`[^\êdt fmbBp[]^mit [f`hf: efimq gjm^h diic^\f[]edt @^B^` icf[f _B]kdbj idh[fc gc]imdbj Bdijeb] d gB fifè]mq ifZim[êep^ @j[im[] [ [f`[p;]Ar^h @^cf[^b] ihpic^ i\^c]mq i[fd g^B^:d[]edt hpicd fit`]^hphd [d\dhphd 3gBf_f[]Bd[]^hphd6 63? 6L F7F 65I fB_]ed@îbd [`]dhfi[t`]e] if [i^hd `[êqthd bfhgc^bm] Eg^B[p^ B]Zf@d^ m^mB] \d B]`B]Zfm]ep [ B]èpn kfBh]n [ cf_db^ if\^B:]edt S@^Zedb] e] gBdh^B [ h bc]ii^ smf Dcfb Nfm ] [ h 4 J]gdie]t bed:b] hj`pb]e m] OZo^\detArdh k]bmfBfh t[ct ^mit [fgcfrêepa [ bfhgc^bm^ gf\ nf\ b B]`[dmdA m[fB@îbdn e][pbf[

j@êdbf[ [ S@^Zedb^ d >]Zf@dn m^mB]\tn B^]cd`j^mit idim^h] [`]d hfi[t`â efmefa _B]hfmp d m[fB@î bdn sbig^Bdhêmf[ i]hdn \^mâ N] dn imB]edl]n [g^B[p^ e]@de]^mit kdbi]ldt [g^@]mcêda d è]eda fm Zfc^^ fZrdn fZfè]@êda \f bfeb B^mepn h^cf\da d kB]_hêmf[ gBf d`[^\êda Dc]_f\]Bt m[fB@îbdh `]\]edth ;bfcqedbd e^ mfcqbf gfedh]Am e^ fZnf\dhfimq gBdfZB^mêdt jmdcd m]Bef gBdbc]\epn jhêda `]gdid hj`pb]cqepn è]bf[ @mf b]b d` [îmef mB^Zj^m mBêdBf[bd ef d gfcj@]Am [f`hf:efimq fmB^kc^bid Bf[]mq i]h gBflîi Bf:\êdt hj`p b]cqepn è]bf[ fm i]hpn fZrdn gfh^mfb 4 \ct i^Zt \f mf@efa kdb i]ldd \fim]mf@ef B]`[^Bejmpn de mfe]lda m^h `[jbfbfhgc^bif[ k]bmjB d gB [ if[B^hêefa efmf _B]kdd V^h i]hph e]a\ê 3h^mf\d@îbda bcA@6 b fB_]ed@efhj [gc^mêdA hj `pb]cqefa dhgBf[d`]ldd d if@de^ edt hj`pbd [ ;bfcqep^ jBfbd di bjiim[] R f\efa imfBfep i smf_f e]@de]^mit cdb[d\]ldt hef_fc^me^ _f gBfZ^c] [ h^mf\db^ h]iif[f_f hj `pb]cqef_f fZB]`f[]edt R \Bj_fa imfBfep 4 smf g^B[p^ ;]_d b [p`B^ []edA j B^Zêb] ijrefimef_f fmef ;êdt b f[c]\êdA hj`pb]cqefa efmefa _B]hfmfa gfedh]edt ^^ b]b fB_]ed@îbfa e^fZnf\dhfimd \ct m[fB@îm[] F D K]Z]c^[ibda [ i[fâ [[f\efa im]mq^ 3Oief[ep^ gBdeldgp d h^mf \p 6 gdi]c @mf fmijmim[d^ e] jBf b]n hj`pbd if@deêdt d dhgBf[d`] ldd e^ t[ct^mit e^\fim]mbfh smfhj e^ fZj@]cd [ [j`^ R^_f\et e^bfmf Bp^ j@dm^ct gpm]Amit [[f\dmq dh gBf[d`]ldA e] i[fdn jBfb]n i]hd if@detAm gîed ef B]`B]Zfm]mq h^ mf\dbj gf\ jicf[eph e]`[]ed^h 3K]b @dm]mq d gdi]mq efmp6 B]`[dmq e][pbd if@deêdt d dhgBf[d`]ldd hj`pbd [ jicf[dtn fZr^_f fZB]`f []edt hf:^m mfcqbf gBfkîidfe]c N][^Bef^ hf_jm Zpmq B]èp^ m^nef cf_dd E O Si]@^[] b]b jedb]cqepa g^\]_f_ d bfhgf`dmfB e];c] i[fa gf[mfBAiq 3h^mf\d@îbda bcA@6 b B^;êdA smfa gBfZc^hp E smfa im]mq^ [g^B[p^ Zpcd `]mBf ejmp gf\nf\p b if`\]edA j@^Zedb] Ef`hf:ef e^ [i7 \f bfel] @dm]m^cA

Zj\^m gfetmef d` `] e^bfmfBfa icf: efimd kfBhjcdBf[fb ef d \^cf mf 4 if`\]ed^ j@^Zedb] 4 B<? >?7 d jgBfrêd^ gBfZc^hp _fB]`\f Zfc^^ fg]ief \ct B]`[dmdt nj\f:îm[ê efa g^\]_f_dbd Ef`[B]r]tiq b [fgBfi]h fZfè] @êeph [ i]hfh e]@]c^ nf@j fmh^ mdmq @mf Zfcq;deim[f d` edn ] m]b:^ hef_d^ \Bj_d^ hp jicp;]cd fm Bf\dm^câ d icj;]m^câ B]\df 3KjcqmjB]6 _\^ [ gBthfh skdB^ fm [^@]cd e] edn [hîm^ i G E J]Bj Zfa Rcj;]m^câ dem^Bîf[]cd gBfZc^hp gB^gf\][]edt hj`pbd gBfZc^hp B]`[dmdt hj`pb]cqepn igfifZefimâ B^Zêb] `]idcq^ \]c^ bf e^ cj@;^_f b]@îm[] h]iif[fa bjcqmjBp [ iB^\im[]n h]iif[fa de kfBh]ldd d m \ RjhhdBjt hef_f @dicêep^ [fgBfip hf:ef fZfè] @dmq mê\êldA [pB]`d[;jAit [

ic^\jArdn kfBhjcdBf[b]n 3Ep f@êq gf [`Bficfhj d i^Bq^èf im] [dm^ [fgBfi gB^gf\][]edt hj`pbd [ ;bfc^ G e^ icd;bfh cd smf icf:ef \ct B^Zêb] F^md f@êq jim]Am g^ B^_Bj:êp hf:^m Zpmq jBfbd hj`p bd [ b]bfa mf im^gêd ihf_jm shfld fe]cqef gf\\^B:]mq B^Zêb] 6 Kfe^@ef Mibjiim[f hf:^m d gf\ \^B:]mq d jigfbfdmq d bfhgêidBf []mq ef nfm^cfiq Zp gBd[îmd icf[] N]Bf\ef_f nj\f:edb] D Q N^hê ibf_f d` ^_f bed_d 3P^\]_f_db] di bjiim[]6 3Mibjiim[f [ :dèd @^cf [^b] e^ mfBm gfic^fZ^\êepa ef i] hpa @^Bepa ^^ nc^Z e^ B]`[c^@^ ed^ ] gfc^ Zft `] m^ dcd dep^ \j nf[ep^ eB][im[êep^ m]b dcd de] @^ gfetmp^ @^cf[^@îbd^ lêefimd6 M ^r^ V]b d icp;dmit _fcfi FhdmBdt DfBdif[d@] 3Ic][ef^ b @^hj t imB^hdcit smf 4 [p`[]mq [ \^

mtn d gf\Bfimb]n tief^ gfedh]ed^ d frjrêd^ mf_f @mf hj`pb] b]b [i^ dibjiim[] 4 e^ gBfimf^ B]`[c^@êd^ d e^ \fZ][cêd^ e^ 3_]BedB6 b :d` ed bfmfBph hf:ef gfcq`f[]mqit dcd e^ gfcq`f[]mqit gf i[f^hj jihfmBêdA ] []:e]t @]imq i]hfa :dèd :dèd [ l^cfh d :dèd b]: \f_f fm\^cqef_f @^cf[^b] [ mfh @di c^ b]:\f_f ;bfcqedb]6 WfBf;f Zp [i^h e]h 4 @def[ed b]h jgB][cêl]h j@êph j@dm^ cth Bf\dm^cth 4 `]\jh]mqit f i[f dn @^cf[^@îbdn d gBfkîidfe]cq epn gBdeldg]n d f h^mf\]n Bjbf [f\im[jtiq bfmfBphd hp [pgfcet ^h i[fd _fij\]Bim[êep^ d @^cf[^ @îbd^ kjebldd K]b è]mq Zpmq hf:^m m^ d` edn [ bfmfBpn fmB] `tmit `]bfefh^Befimd dibjiim[] Zj\jm i]hphd gcf\fm[fBephd d skk^bmd[ephd

$'#$ #- % "#*"%- " & +$ - 0 '% "& #+ !.#$ % $ &&- %$ &( - ! $ / $ $ + !.#$ $! 11:293A <?3?@A 7 5 =QNQWRO]VXU %B^NWXV^R\Qh OOZPYQh ]aQaeh 7 =QNQWRO]VZSZ VQ]QRa]h ZPYZSZ XT ,XOZa3R[Rf^ fXb OZ[3Z]ZO O]RU V^Wea^3YZU ,XTYX ]a3QYd =QV XTOR]aYZ 3hP 3R-RYXU G= =BDD [Z XPRZWZSX1R]VX\ OZ[3Z]Q\ [3XYhadb O [R3XZP [Z]WR ]cRTPQ YR[Z ]3RP]aORYYZ YQ`RWXOQW aOZ31R]VXR ]Z2Td YQ ^]XWRYXR [Z\ZfX -VZWR YR aZWeVZ aOZ31R]aOZ\ YZ X YR[Z]3RP]aORYYd\ ^1Q]aXR\ O OZ][XaQaRWeYZ [RPQSZSX1R]VZU 3Q NZaR @ZOQh [3ZS3Q\\Q [Z [3RP\Ra^ %C^TdVQ( ]Z]aQOWRYYQh VZ\[ZTXaZ3Z\ YQ3ZP Yd\ Q3aX]aZ\ DDD0 WQ^3RQaZ\ >RYXY]VZU [3R\XX 7 =QNQWRO]VX\ hOXWQ]e ZaOR aZ\ YQ gaZa [3XTdO ]Z ]aZ3ZYd =Z\X]]XX [Z \^TdVQWeYZ g]aRaX1R]VZ\^ OZ][XaQ YX2 PRaRU X 2YZ-R]aOQ DZ2TQ VZ\[ZTXaZ3ZO DDD0 MV][R3X\RYa VZaZ3dU YQ1Qa VZ\[ZTXaZ3Z\ O ^1RNYZ\ SZP^ [3ZPZW,QRa]h( ' aQV NdWZ YQ[X]QYZ O ,^3YQ WR %DZORa]VQh \^TdVQ( SPR \QaR3XQW NdW Z[^NWXVZOQY O / TQ SZP 7^\QRa]h 1aZ X ]RU1Q] O [R3OZ\ PR]haXWRaXX YZOZSZ ORVQ ]ZPR3,QYXR gaZU OOZP YZU ]aQaeX Z]aQRa]h ,XOZa3R[Rf^fX\ Q [3XY`X[d X \RaZPd ' Z]YZOYd\X O \^Td VQWeYZ ZN3QTZOQaRWeYZ\ [3Z`R]]R ]ZOR3-RYYZSZ OZ[WZfRYX2 VZaZ3db VQV ZVQTQ WZ]e YR aQV [3Z]aZ PZ]aX1e B3Z1XaQR\ ,R Xb aR[R3e ]VOZTe [3XT\^ [R3R\RY [3Z XTZ-RP-Xb TQ a3XP`Qae WRa 5ZWe-ZR OXPXa]h YQ 3Q]]aZhYXX -C9H;6?7 4?B@=F6>=7 KF? >7 4?B@=F6>=7 AC9H;6>F6 6 @ 7 57 4B78? 4?B@=F6>=7 7<?47;6 #' ! " ] i cd;edh c^m ijrîm[f[] edt if[^mibfa fZr^fZB]`f[] m^cqefa ;bfcp e]bfgcê è] @dm^cqepa fgpm [ fZc]imd m^fBdd d gB]bmdbd hj`pb]cqef sim^md@îbf_f

[figdm]edt j@]rdnit O\e]bf e^ ihfmBt e] \fimd_ejmp^ jig^nd gf cf:^ed^ \^c [ smfa fZc]imd i^_f\et e^ j\f[c^m[fBt^m ed fief[ejA h]i ij j@dm^c^a ed i]hdn j@]rdnit ed

Bf\dm^câ ed m^n bmf gBd`[]e e] gB][ctmq ;bfcqejA :dèq d Bjbf[f \dmq Â N^j\f[c^m[fBêefimq sm] fmbBpmf \]^m f i^Z^ è]mq [ i]hpn B]`cd@epn

kfBh]n [ hef_f@dicêepn [pimjg cêdtn g^@]md e] [i^[f`hf:epn if [^r]edtn d bfek^Bêldtn [ fkdld ]cqepn \fbjhêm]n Pf\ [cdted^h smfa e^j\f[c^m[fBêefimd hef_d^ g^\]_f_d e]gB][ctAm i[fd jidcdt e] bfeimBjdBf[]ed^ ef[pn gBf_B]hh 4 fZt`]m^cqepn d k]bjcqm]md[epn e] if`\]ed^ ef[pn j@^Zedbf[ d h^mf\d @îbdn B]`B]Zfmfb V] :^ e^j\f[c^m [fBêefimq [pej:\]^m e]dZfc^^ m[fB@îbd f\]Bêepn fgpmepn d @jmbdn j@dm^câ [pnf\dmq [ i[fdn `]etmdtn `] B]hbd ijrîm[jArdn gBf_B]hh d j@^Zedbf[ dib]mq i[fd gjmd i[fA h^mf\dbj O mfh @mf e]im]cf [B^ht \ct [e^ iêdt bfBêepn d`hêêda [ idim^hj hj`pb]cqepn `]etmda [ fZr^fZB]`f []m^cqefa ;bfc^ _f[fBdm j:^ k]bm g^B^dhêf[]edt 3jBfbf[ gêdt6 [ 3jBfbd hj`pbd6 J] smdh b]`]cfiq Zp [e^;edh k]bmfh bBf^mit [ [pi ;â im^gêd []:ef^ if\^B:]ed^ 3SBfbd gêdt6 b]b gB][dcf f_B] ed@d[]cd i[fA `]\]@j fZj@êd^h ;bfcqedbf[ nfBf[fhj gêdA d fief []h hj`pb]cqefa _B]hfmp Je]bfh im[f i hj`pbfa i[f\dcfiq gf@md di bcA@dm^cqef b B^g^Bmj]Bj B]`j@ê efhj [ bc]ii^ e^d`Z^:ef f_B]ed @êefhj iB][edm^cqef e^Zfcq;dhd digfcedm^cqibdhd [f`hf:efimthd j@]rdnit 3SBfbd hj`pbd6 ed [ b]bfa h^B^ e^ fmBdl]t []:efimd nfBf[f_f g^ edt B]`[d[]Ar^_f e]ldfe]cqep^ nfBf[p^ mB]\dldd B][ef b]b d d` j@êd^ hj`pb]cqefa _B]hfmp im] [tm g^B^\ ifZfa _fB]`\f Zfc^^ ;d BfbjA `]\]@j [[îmd j@]rdnit [ hdB Zfcq;f_f hj`pb]cqef_f dibji im[] e]j@dmq dn cAZdmq d gfed h]mq hj`pbj [f [i^h Zf_]mim[^ ^^ kfBh d :]eBf[ de]@^ _f[fBt [fi gdm]mq [ j@]rdnit hj`pb]cqejA bjcqmjBj b]b @]imq [iâ dn \jnf[ efa bjcqmjBp N^bfmfBp^ g^\]_f_d gBf\fc:]Am e]im]d[]mq e] mfh @mf 3jBfbd g^ edt6 \fc:ep fim][]mqit 3jBfb]hd gêdt6 d nfBf[f^ gêd^ \fc:ef fim][]mqit ^\deim[êefa dcd [f [itbfh icj@]^ fief[efa kfBhfa hj `pb]cqef_f [figdm]edt ;bfcqedbf[

Ripc]Amit gBd smfh e] bBpc]mp^ icf[] K S;deibf_f 3J]gf^m ;bfc] 4 `]gf^m [îq e]Bf\6 d e] mf è]@êd^ bfmfBf^ fe gBd\][]c nfBf[fhj g^ edA [ ;bfc^ J]Zp[]^mit f\e]bf @mf K S;deibda e^ hf_ [p\[d_]mq g^B^\ ;bfcfa mfa gfBp edb]bdn \Bj _dn `]\]@ bBfh^ nfBf[f_f gêdt N^ hf_ gfmfhj @mf g^B^\ edh imftcd e^ gB^f\fcdhp^ f_B]ed@êdt [f g^B [pn fmijmim[d^ b]bdn cdZf \Bj_dn [f`hf:efimâ b]bdhd B]igfc]_]^m cAZ]t if[B^hêe]t ;bfc] d [ _fBf \^ d [ \^B^[e^ hj`pb]cqep^ de imBjhêmp gc]imdebd gcêbd B] \df m^c^[d\êd^ bdef d m \ [f [mfBpn e^fm[B]mdhf imft[;]t g^B^\ \fB^[fcAldfeefa ;bfcfa `]\]@] gf\_fmf[bd l^Bbf[epn g^[@dn e]bf e^l 4 gf@md gf_fcf[e]t e^_B]hfm efimq @j\f[dref mfBhf`d[;]t fZ r^^ bjcqmjBef^ B]`[dmd^ e]Bf\] P^B^\ if[^mibfa ;bfcfa i[fZf\ efa fm smdn f_B]ed@êda fgdB]A râit e] d\^d d \fimd:êdt bjcq mjBefa B^[fcAldd îmîm[êef [im]cd è]@dm^cqef Zfc^^ ;dBfbd^ `]\]@d hj`pb]cqef sim^md@îbf_f [figdm]edt j@]rdnit gf`[fctArd^ hj`pb^ [ ;bfc^ [ gfcejA h^Bj [p gfcedmq i[fA sim^md@îbjA gfè] []m^cqejA d [figdm]m^cqejA Bfcq Nf e^cq`t e^ fZB]mdmq [edh]ed^ e] mf @mf [i^ gfgpmbd \]cqeâ;^_f fZ ef[cêdt fZf_]rêdt jif[^B;êim [f[]edt m^fBdd gB]bmdbd gB^gf\][] edt hj`pbd [ ;bfc^ fim]Amit i^_f\ et [ B]hb]n mB]\dlda icf:d[;dnit [ gfic^[fêep^ _f\p [ bfmfBpn kfB h]cqef^ e]@]cf im]cf t[ef gB^[]cd Bf[]mq e]\ e]@]cfh m[fB@îbdh Ei^ gB^\c]_]^hp^ jif[^B;êim[f []edt e^ [efitm @^_f cdZf gBdeld gd]cqef ef[f_f [ \]eejA fZc]imq e^ [p\[d_]Am ef[pn h^mf\d@îbdn gBdeldgf[ e^ `]mB]_d[]Am ijrîm[] hj`pb]cqepn `]etmda [ ;bfc^ Oed ibfBâ hf_jm Zpmq jgf\fZcêp B^ hfemj im]Bf_f e^:^cd gfimBfab^ ef[f_f Nf m]b dcd de]@^ fed B^ ;dm^cqef i[d\^m^cqim[jAm f mfh @mf Z^` i^Bq^èf_f g^BîhfmB] fi ef[epn gBdeldgf[ gB^gf\][]edt hj`pbd [ ;bfc^ Z^` è]@dm^cqef_f B]i;dBêdt if\^B:]edt d `]\]@ jBf

bf[ hj`pbd 4 ;bfc] e^ ihf:^m [p gfcedmq m^n mB^Zf[]eda bfmfBp^ [ fZc]imd hj`pb]cqef sim^md@îbf_f fZB]`f[]edt d [figdm]edt i^_f\et gB^\ot[ct^m b eâ :dèq Nj:e] h^mf\db] bfmfB]t gfhf_c] Zp B^;êdA bfBêef_f [fgBfi] hj `pb]cqepn `]etmda [ ;bfc^ b]b `] dem^Bîf[]mq j[c^@q ;bfcqedbf[ hj`pbfa PBfZc^h] dem^Bî] j[c^@êef imd 4 f\e] d` kje\]hêm]cqepn gBfZc^h [iâ g^\]_f_dbd d ^^ jh^ cf^ B^;êd^ []:ef \ct jig^;ef_f [^\êdt `]etmda gf cAZfhj ;bfcq efhj gB^\h^mj Nf fifZf^ è]@êd^ fe] gBdfZB^m]^m [ fZc]imd dibjiim[] _\^ Z^` shfldfe]cqefa j[c^@êefi md e^[f`hf:ef \fimd@q h]cf h]cqi bd iefiepn B^`jcqm]mf[ ibfcqbf Zp ed fm\][]mq smfhj idc d [B^hêd E mf :^ [B^ht [îq g]kfi i^_f\ et;edn gBf_B]hh j@^Zedbf[ d h^ mf\d@îbdn gfifZda e]gB][cê e] mf @ ^ h j d b]b j@dm^cq \fc:ê fZ j@dmq i[fdn j@êdbf[ gBfZc^h] :^ @^h d b]b \fc:ê fe j [ c ^ @ q dn [ smfa cdm^B]mjB^ gf ijrîm[j \]:^ e^ `]mB]_d[]^mit Om\^cqep^ d`B^\ b] [imB^@]Ardît `]h^@]edt efitm icd;bfh fZrda \^bc]B]md[epa n] B]bm^B d bfebB^mephd B^bfhê\]ld thd e^ gf\bB^gctAmit E gBf_B]hhef h^mf\d@îbdn B]Zf m]n gfic^\e^_f [B^hêd hf:ef gf Bfa fZe]Bj:dmq imB^hcêd^ [p B[]mqit d` fbf[ j\j;]Ar^_f kfBh] cd`h] f\e]bf hp e^ e]a\^h [ edn i]hf_f _c][ef_f b]bdn cdZf h^mf\d @îbdn gBdeldgf[ ig^ldkd@îbdn dhêef \ct \]eef_f gB^\h^m] b]bdh fe \fc:ê Zpmq mf îmq \ct gB^\h^ m] d`j@]Ar^_f hj`pbj b]b :d[f^ dibjiim[f Omijmim[d^ m]bfa ig^ldkd@î bfa hj`pb]cqef fZB]`f[]m^cqefa hj`pb]cqef [figdm]m^cqefa h^mf \dbd e^ hf:^m Zpmq [figfceêf fZ r^\d\]bmd@îbdhd gBdeldg]hd Fct d`j@êdt hj`pbd smd gBdeldgp B]`jh^^mit mf:^ ej:ep ef dn ^r^ e^\fim]mf@ef @mfZp e]amd [^Bepa gjmq b hj`pb^ fZîg^@dmq ^^ Zc]_f m[fBef^ [cdted^ e] \jnf[epa hdB j@]rdnit e] dn d\âefimq d eB][im

Ge]cf_d@ef^ t[cêd^ gBfd`f;cf d [ ih^:efh i hj`pbfa ;bfcqefh gB^\h^m^ sim^md@îbf_f ldbc] 3jBfbd Bdif[]edt6 gB^ [B]rêp [ 3jBfbd d`fZB]`dm^cqef_f dibjiim[]6 i iffm[^mim[jArdh B]i;dBêd^h if\^B:]edt d `]\]@ gB^\h^m]

Nf[p^ h^mf\d@îbd^ d\^d hf:ef iâ@]i [imB^mdmq cd;q [ gB^\^c]n fm\^cqepn m]b e]`p[]^hpn 3@]imepn h^mf\db6 gfim] ef[b] \^mibdn _fcfif[ nfBf[f^ gêd^ d`j@êd^ efmefa _B]hfmp Bdmhdbd d m g

[êefimq e] dn sim^md@îbd^ [f``B^ edt e] kfBhdBf[]ed^ dn [pifbf_f nj\f:îm[êef_f [bji] < jZ^:\ê [ mfh @mf gfgpmbd if` \]mq ef[p^ gBf_B]hhp ef[p^ h^mf \d@îbd^ B]`B]Zfmbd ef[p^ gfifZdt gf hj`pb^ \ct fZr^fZB]`f[]m^cqefa ;bfcp e^ gBd[f\tm b :^c]^hph B^ `jcqm]m]h gB^:\^ [i^_f gfmfhj @mf fgdB]Amit smd gfgpmbd e] mB]\dld feep^ [f hef_fh jim]B^[;d^ gBde ldgp e^ [pnf\tm d` bBj_] gBd[p@ epn ef j:^ e^ fm[^@]Ardn if[B^ hêeph mB^Zf[]edth g^\]_f_d@î bdn gB^\im][cêda Pf:]cja i]hf^ g]B]\fbi]cqef^ mf @mf [ gfgpmb]n smdn gBdijmim[j^m imB^hcêd^ fg^ B^mqit e] fZrjA g^\]_f_dbj gidnf cf_dA kd`dfcf_dA sim^mdbj if ldfcf_dA @mf i]hf gf i^Z^ bfe^@ ef îmîm[êef d gfcf:dm^cqef ef hê^^ [i^_f [ smdn gfgpmb]n frjmd hf imB^hcêd^ fg^B^mqit e] `]bfef h^Befimd i]hfa hj`pbd N] gBfmt:êdd hef_dn c^m hj`p b]cqef g^\]_f_d@îbfa B]Zfmp if ;bfcqedb]hd B]èpn [f`B]imf[ t imB^hdcit e]amd m]bjA g^\]_f_d@î bjA bfel^gldA bfmfB]t dinf\dc] Zp d` hj`pbd d e] hj`pbj fgdB] c]iq bfmfB]t îmîm[êef d fB_]ed@ ef i[t`]c] Zp hj`pbj b]b dibjiim[f i hj`pbfa b]b ;bfcqeph gB^\h^mfh ] ;bfcqep^ `]etmdt hj`pbfa m]b :^ îmîm[êef i[t`]c] Zp i B^]cqefa :dèqA < imB^hdcit e]amd m]bd^ gBdeldgp h^mf\p d gBd^hp bfmf Bp^ gfhf_cd Zp j[c^@q \^mâ `]de m^Bîf[]mq dn hj`pbfa gBdZcd`dmq b edh smf gB^bB]ief^ dibjiim[f m]t r^^ [ i^Z^ e^d`h^Bdhp^ [f`hf:efi md \jnf[ef_f fZf_]rêdt @^cf[^b] Ic][ef^ b @^hj t imB^hdcit smf 4 [p`[]mq [ \^mtn d gf\Bfimb]n tief^ gfedh]ed^ d frjrêd^ mf_f @mf hj`pb] b]b [i^ dibjiim[] 4 e^ gBf imf^ B]`[c^@êd^ d e^ \fZ][cêd^ e^ 3_]BedB6 b :dèd bfmfBph hf:ef gfcq`f[]mqit dcd e^ gfcq`f[]mqit gf i[f^hj jihfmBêdA ] []:e]t @]imq i]hfa :dèd :dèd [ l^cfh d :d` ed b]:\f_f fm\^cqef_f @^cf[^b] [ mfh @dic^ b]:\f_f ;bfcqedb]

V^ gBdeldgp h^mf\p d gBd^hp bfmfBp^ [p\^B:]cd gBf[^Bbj [B^h^ e^h gfcj@dcd f\fZBêd^ Zfcq;f_f @dic] g^\]_f_f[ d îcd m]b hf:ef [pB]`dmqit Zpcd gBdetmp i]hdhd ;bfcqedb]hd t gfcf:dc ig^B[] [ fief[j B]\dfZî^\ i Aephd icj;] m^cthd `]gdi]eepn d [pgjrêepn e] ;îmd _B]hgc]imdeb]n gf\ fZ rdh e]`[]ed^ 3O @^h _f[fBdm hj`p b]6 ] gf`:^ 4 [ fief[j bed_d 3PBf mB^n bdmf[ d gBf hef_f^ \Bj_f^6 Pfim^gêef t gBd;^c b _cjZfbfhj jZ^:\êdA @mf smd :^ gBdeldgp hf_jm Zpmq gfcf:êp [ fief[j ef [fa gBf_B]hhp hj`pb]cqepn `]et mda jBfbf[ hj`pbd [ fZr^fZB]`f []m^cqefa ;bfc^ E smfa hpicd hêt jbB^gdcf heêd^ Bt\] fgpmepn j@d m^câ bfmfBp^ [figBdetcd bed_j 3PBf mB^n bdmf[6 b]b i[f^fZB]èf^ j@^Zef^ gfifZd^ fBdêmdB \ct [^\^ edt ;bfcqepn jBfbf[ hj`pbd b]b h]m^Bd]c igfifZepa j[c^@q \^mâ B]`[dmq dn hj`pb]cqef^ hp;cêd^ d B]i;dBdmq dn bBj_f`fB b]b h^mf \dbj \]ArjA [f`hf:efimq jim]ef [dmq i[t`q h^:\j jBfb]hd hj`pbd cdm^B]mjBp d`fZB]`dm^cqef_f di bjiim[] d dimfBdd _c][ef^ :^ 4 h^: \j hj`pbfa d :dèqA N]`p[]t smj gBf_B]hhj ef[fa t [f[i^ e^ nf@j ib]`]mq @mf fe] fmBd l]^m [i^ @mf t[ct^mit if\^B:]ed^h epe^ ijrîm[jArdn gBf_B]hh @mf gfcf:êep^ [ ^^ fief[j gBdeldgp gBfmd[fB^@]m [i^hj lêefhj @mf e] bfgcêf bfcc^bmd[eph fgpmfh cj@ ;dn e];dn g^\]_f_f[ E i[fdn dib]edtn t fgdB]cit [ g^B[jA f@^B^\q e] hj`pb]cqef g^ \]_f_d@îbd^ [f``Bêdt D E Gi] kq^[] Minf\efa gf`dldâ \ct hêt Zpcd ^_f icf[] 3 îcd [`_ctejmq e] hj`pbj b]b e] gB^\h^m ;bfcqef_f fZj@êdt mf gB^:\^ [i^_f e]\f b] m^_fBd@îbd fm[îmd [ \]eefh icj @]^ [fgBfip hj`pbfè]edt d ib] `]mq hj`pb] 4 dibjiim[f mf îmq e^ bf^ t[cêd^ [ hdB^ if`\][]^hf^ @^ cf[^bfh ] e^ e]j@e]t \dildgcde] bfmfBfa j@]mit d bfmfBjA d`j@]Am6 Ymd icf[] fB_]ed@ef [pm^b]Am d` fief[fgfc]_]Ar^_f m^`di] if[^m ibfa m^fBdd sim^md@îbf_f [figdm]

edt ;bfcqedbf[ ikfBhjcdBf[]eef _f ^r^ [ _f\j G E Lje]@]Bibdh [ 3Oief[epn gBdeldg]n ^\defa mBj \f[fa ;bfcp6 3Pf\ sim^md@îbdh fZB]`f[]ed^h e]\f B]`jh^mq e^ gB^ gf\][]ed^ b]bf_f mf jgBfrêef_f \^mibf_f dibjiim[] ] idim^h]md@î bf^ B]`[dmd^ fB_]ef[ @j[im[ d m[fB @îbdn igfifZefimâ @mf B]i;dBt^m [f`hf:efimq e]ic]:\]mqit bB]ifmfa d if`\][]mq ^^6 K smfhj ic^\j^m \fZ][dmq d fgB^ \^cêd^ Bfcd sim^md@îbf_f [figdm] edt [ fZr^fZB]`f[]m^cqefa ;bfc^ ikfBhjcdBf[]eef^ i mf@efimqA e] j@ef_f `]bfe] N K KBjgibfa 3N]\f gfhf@q B^Zêbj @^B^` dibjiim[f ti e^^ hpicdmq d _cjZ:^ @j[im[f[]mq6 < imB^hdcit [figBdetmq mf lê ef^ @mf Zpcf e]a\êf cj@;dhd if [^mibdhd d `]BjZ^:ephd g^\]_f_] hd e^ mfcqbf [ fZc]imd hj`pbd ef d [ \Bj_dn fZc]imtn ;bfcqef_f fZj@^ edt _\^ ef[]mfBibd^ jimB^hcêdt [ Bt\^ icj@]^[ j:^ gBd[^cd b [îqh] lêeph B^`jcqm]m]h Pfimfteeph dimf@edbfh B]`hp; cêda d îcd m]b hf:ef ib]`]mq g^ \]_f_d@îbdn shflda im]cd \ct hêt [`_ct\p d jZ^:\êdt E G Rjnf hcdeibf_f [pBfi;d^ d` ^_f Z^`_B] ed@efa [^Bp [ \jnf[ep^ idcp \^mâ d gf\Bfimbf[ d` _cjZfbf_f dimdeef @^cf[^@îbf_f j[]:êdt b edh M [i^ :^ e]`p[]t gB^\c]_]^hjA gBf_B]hhj ef[fa t dhÂ [ [d\j e^ \^m]cd b]i]Ardît m^n dcd depn fm\^cqepn imfBfe ijrîm[jArâ iâ@]i gBf_B]hhp m^n dcd depn @]imepn h^mf\db ] ef[p^ gBdeld gp Rc^\f[]m^cqef d d`hêêdt [efidhp^ dhd [ gBf_B]hhj t[ctAm it d`hêêdthd gBdeldgd]cqef_f n]B]bm^B] 3VBd bdm]6 4 gîet m]e^l h]B; 4 mBd fief[ep^ ik^Bp hj`pbd K b]: \fa d` edn gBdhêdhp m]bd^ ;dBfbf fn[]mep^ fgB^\^cêdt b]b 3fZc]imq6 3:]eB6 3kfBh]6 3mdg6 3n]B]bm^B6 N^m [^Bftmef ed f\efa gBf_B]hhp gf hj`pb^ ed f\ef_f j@^Zedb] ed f\ef _f h^mf\d@îbf_f gfifZdt [ bfmfBpn hp e^ e];cd Zp 3mB^n bdmf[6 O\e]

Pf\@^Bbd[]ed^ fifZfa Bfcd gîed m]el] d h]B;] e^ B]` [imB^@]cfiq [ B]Zfm]n e];dn hj`pbf[^\f[ f\e]bf fed fZp@ef B]i ih]mBd[]cdiq cd;q b]b fm\^cqep^ gBfimâ;d^ :]eBp e]Bt\j i \Bj_dhd icf:ephd :]eB]hd 4 ife]mfa idhkfedâ fg^ Bfa fB]mfBdâ d m \ Dcd:^ [i^_f b fgB^\^cêdA dn b]b fief[epn ik^B hj`pbd gf\f;^c G Gcq;[]e_ [ i[fâ hfef_B]kdd f C]abf[ibfh Nf d [ smfa B]Zfm^ gîet m]e^l d h]B; kd_jBdBjAm [i^ :^ 3e] B][epn gB][]n6 i fg^Bfa Bfh]eifh d \Bj_dhd

bf fed [i^_\] kd_jBdBf[]cd d i^_f\ et gBf\fc:]Am kd_jBdBf[]mq cd;q b]b fZB]`lp e]dZfc^^ gBfimpn hj`p b]cqepn kfBh b]b gBfimâ;d^ :]e Bp \fimjgep^ [figBdtmdA B^Ztm \] :^ e] i]hfa e]@]cqefa im]\dd dn hj `pb]cqef_f B]`[dmdt ef fmnf\trd^ e] [mfBfa gc]e jimjg]Ard^ hîmf Zfc^^ icf:eph kfBh]h d :]eB]h hj `pbd gfic^ mf_f b]b [pgfcetm i[fA @dimf 3\d\]bmd@îbjA kjebldA6 O;dZf@efimq gf\fZef_f fmef;^ edt b 3mB^h bdm]h6 fZe]Bj:d[]^m i^ Zt Z^` [itbf_f mBj\] j:^ [ mfh @mf hef_d^ gîed m]elp d h]B;d gf Zf _]mim[j [ejmBêe^_f if\^B:]edt d B]`[dmfimd kfBhp fmefitmit b @dicj icf:eâ;dn gBfd`[^\êda hdBf[f_f hj`pb]cqef_f dibjiim[] Ffim]mf@ef [igfhedmq 3Pîed d gctibd ih^Bmd6 QjifB_ibf_f 3Pîed fZ jh^B;dn \^ mtn6 Q]c^B] 3Rdhkfed@îbd^ m]e lp6 >]nh]edef[] E]cqi >][^ct mB] jBepa h]B; d` VB^mqâ idhkfedd D^mnf[ê] dcd EmfBfa kfBm^gd]eefa ife]mp 9fgê] d [^cdbf^ hef:îm[f \Bj_dn gBfd`[^\êda m]bf_f :^ nj\f :îm[êef_f jBf[et d m]bfa :^ im^g^ ed icf:efimd Nf \^cf \]:^ e^ [ smfh Pîet m] e^l d h]B; i]hp^ ;dBfbf B]igBfim B]eêep^ i]hp^ h]iif[p^ i]hp^ \^hfbB]md@îbd^ fZc]imd hj`pbd Qef_d^ hdccdfep cA\â e] `^hefh ;]B^ ed B]`j e^ icj;]cd gBfkîidf e]cqefa hj`pbd d \]:^ e^ gf\f`B^[] Am f ijrîm[f[]edd efmefa _B]hfmp d [ffZr^ hj`pbd b]b gBfkîidd ef [Bt\ cd e]a\^mit iB^\d edn nfmq f\de @^cf[^b e^ ig^[;da `] i[fA :dèq ed f\efa gîed e^ im]el^[][;da ed f\ef_f m]el] e^ j@]im[f[][;da ed [ f\efh ;îm[dd gf\ hj`pbj nfmt Zp

gf\ Bdmhd@ep^ j\]Bp e]Bf\epn Z] B]Z]ef[ Pf\fZef mfhj b]b kje\]hêm i[t `p[]^m \fh i `^hcâ i gf@[fa e] bf mfBfa fe \^B:dmit 4 gîet m]e^l d h]B; i[t`p[]Am [i^ Zf_]mâ;^^ hef_ffZB]èf B]`[dmf^ `\]ed^ hj`p bd i f_Bfhephd h]ii]hd cA\â i e] Bf\efa gf@[fa M îcd gBdfZrêd^ b hj`pb^ [ \f ;bfcqefh [f`B]im^ [ \^mibfh i]\j dcd \fh] hf:ef jgf\fZdmq fi[fêdA gf@[p d `]bc]\b^ g^B[pn b]heâ kje\]hêm] mf `]etmdt [ g^B[fh bc]ii^ 4 smf j:^ gfimBfab] e^ mfcqbf e]\^:ef_f kje\]hêm] ef d g^B[f_f sm]:] _\^ è]bfhim[f i 3mB^ht bdm] hd6 im]ef[dmit fifè]eeph d if`\] ^m e^fZnf\dhp^ jicf[dt \ct gfim Bfabd ic^\jArdn sm]:â G \]cq;^ 4 ;]_ `] ;]_fh sm]: `] sm]:fh 4 [ptiet^mit @mf gf\fZef mfhj b]b \fh gfbftiq e] kje\]hê m^ e^ mfcqbf d` kje\]hêm] ifimfdm m]b d hj`pb] [pB]im]t d` gîed m]el] d h]B;] ifimfdm \]c^bf e^ mfcqbf d` edn O\e]bf b]b Zp ed fZf _]r]cdiq b]b Zp ed B]`[d[]cdiq 3mBd bdm]6 b]b Zp ed g^B^B]im]cd gfetmdt 3gîed6 3m]el]6 d 3h]B;]6 [ gfetmdt 3gîêefimd6 m]el^[]cq efimd6 d 3h]B;^[fimd6 ibfcqbf Zp ef[f_f [ d`j@]^hjA hj`pbj ed [ef idcd fifZp^ sc^hêmp i[t`]eep^ i [pB]`dm^cqefimqA d d`fZB]`dm^cq efimqA i B^@dm]md[efa \^bc]h]ld feefimqA B^@^[fa demfe]ldâ hp e^ B]iim]e^hit i 3mB^ht bdm]hd6 ed [f [mfBfh ed [ gtmfh ed [ i^\qhfh bc]ii^ ed \]:^ e] gB^\^c^ e];^_f hj`pb]cqef_f B]`[dmdt e] [^B;d e]n hj`pb]cqef_f dibjiim[] 4 e] ^_f 3e^ZfibB^Z]n6

N^ _f[fBt j:^ fZ fg^B^ fB]mfBdd d b]em]m^ [pBfi;dn d` gîê d gîê efimd d Z]c^m^ [pBfi;^h d` m]el] d m]el^[]cqefimd 3mBd bdm]6 gBfed`p []Am [iA bc]iid@îbjA d if[B^hê ejA hj`pbj 4 idhkfed@îbjA d b] h^BejA [fb]cqejA d deimBjhê m]cqejA Eigfhedh Zîbfe^@ef^ bf cd@îm[f m]el^[]cqepn gqî D]n] d 9jZ^Bm] 9fgê] d IBd_] C]abf[ ibf_f d PBfbfkq^[] Eigfhedh m]e lp d h]B;d ^\[] cd e^ [f [i^n bc]i id@îbdn idhkfedtn fm I]a\e] Qf l]Bm] d D^mnf[ê] \f Qtibf[ibf_f d 9fim]bf[d@] Eigfhedh m]el^[]cq efimq [ hj`pb^ >][^ct D]Bmfb] d W] @]mjBte] G hef_f cd hp e]a\^h [f [iâ hdBf[fa hj`pb^ gBfd`[^\êda _\^ e^ icp;]c]iq Zp gîet dcd g^ iêefimq F]:^ m]bd^ bfhgf`dmfBp b]b E]_e^B d RbBtZde [ fZr^h \]c^ bf imft[;d^ fm h]iif[pn e]Bf\epn :]eBf[ hj`pbd e^ fim]cdiq i[fZf\ ephd fm [cdtedt 3bdmf[6 Eigfhedh hef_f@dicêep^ h]B;d d h]B;^ [fimq gBfed`p[]Ard^ mb]eq gf@md [i^n []_e^Bf[ibdn fg^B hef_f@di cêep^ m]el^[]cqep^ gqîp h]`jB bd []cqip gfcfe^` RbBtZde] V]b t[cttiq e^ mfcqbf mB^ht e]dZf c^^ 3gBfimphd6 d 3\fimjgephd6 \ct \^mâ 3kfBh]hd6 d 3:]eB]hd6 hj`p bd ef d mB^ht bfBêephd fief[]hd [iâ hj`pbd [ffZr^ gîet m]e^l d h]B; \]Am [f`hf:efimq fZo^\dedmq Zfcq;f^ hj`pb]cqef^ dibjiim[f i hj`pb]cqephd `]etmdthd [ ;bfc^ fZîg^@d[]t gBd smfh mîeâ;jA i[t`q smdn `]etmda i :dèqA Pfcf:êep^ [ fief[j hj`pb]cq epn `]etmda [ fZr^fZB]`f[]m^cqefa ;bfc^ 3mBd bdm]6 \]Am Bt\ if[^B ;êef f@^[d\epn gB^dhjrîm[ Z^`

:]eB]hd E B]Zfm^ R RbB^Zbf[] 3Wj\f:îm[êep^ gBdeldgp hj`pb]cqepn imdcâ6 [ b]@îm[^ mB^n fief[ hj`pbd e]`p[]Am it gîet [f`_c]i d m]e^l Ef hef_dn B]Zfm]n hj`pb] \^cdmit e] \[^ ik^Bp gêd^ d \[d:êd^ [bcA@]Ard^ d m]e^l d h]B; nfmt :dèq Zjb[]cqef e] b]:\fh ;]_j gfb]`p[]^m @mf h]B; d m]e^l _fB]`\f @]r^ icd[]Amit i gîeâ @^h \Bj_ i \Bj_fh g^ iê m]el^[ d gîê h]B;â è]@dm^cqef Zfcq;^ @^h m]el^[ h]B;â @mf jZ^\dm^cqef \fb]`p[]^m gfcejA i]hfimftm^cqefimq h]B;] d m]el] b]b fifZpn ik^B hj`pbd e]Bt\j i gîeâ Mi@^`]Am 3mBd bdm]6 cd;q [ B]`cd@epn e]gB][cêdtn m]b e]`p[]^hfa 3][]e_]B\dimibfa6 hj`pbd gfic^\f[]m^cd bfmfBfa fm bBpmf gBf[f`_c];]Am fmb]` fm b]bdn cdZf i[t`â i B^]cqefa :dèqA i bc]iid@îbdhd d e]Bf\ephd mB]\dldthd \^hfeimB] md[ef d_efBdBjAm e]Bf\ b]b dimf@edb d if\^B:]ed^ hj`pb]cqef_f m[fB@îm[] gBê^ZB^_]Am dem^Bî]hd ;dBfbfa h]iip icj ;]m^câ dem^Bî]hd e]Bf\] Egfce^ `]bfefh^Bef @mf [ 3][]e_]B\dimibfa6 bfel^gldd hj`pbd 4 ]emd\^hfbB]md@îbfa gf i[f ^hj ijrîm[j 4 e^m hîm] \ct gîed m]el] d h]B;] 4 i]hpn \^hfbB]md@îbdn fZrê]Bf\epn ik^B hj`pbd W]B]bm^Bef @mf ed f\edh bfhgf`dmfBfh d` gBdhpb]Ardn b m]bf_f Bf\] m^@êdth e^ Zpcf if`\]ef ed f\efa gîed ed f\ef_f m]el] ed f\ef _f h]B;] bfmfBp^ [f;cd Zp [ e]Bf\epa Zpm CmfZp if`\]mq m]bf^ gBfd`[^\êd^ dh gBd;cfiq Zp fmb]`]mqit fm i[fâ gBd[^B :êefimd b \f_h]h mfa dcd defa 3][]e_]B\dimibfa idim^hp6 dcd 3m^fBdd6 b]b smf [ i[f^ [B^ht hj:îm[êef fmbBpmf d d\â ef fZfief[]eef i\^c]c I]ei Yaic^B LAZfgpmef @mf gBdhêtt [fèdb;da g^B[fe]@]cqef [ :d[fgdid gBd^h bfcc]:] [bcA @êd^ [ gBfd`[^\êd^ 3defBf\epn m^c6 [ mfh @dic^ kB]_hêmf[ d` gBfd`[^\êda \Bj_dn ][mfBf[ bfhgf`dmfBp 3][]e_]B\di mp6 @]r^ [i^_f gfcq`jAmit gîêephd m]el^[]cqephd dcd h]B;^[phd kB]_hêm]hd d` bc]iid@îbfa hj`pbd O@^[d\ef smf B^`jcqm]m gf\ifè]m^cqef_f ] hf:^m Zpmq d ifè]m^cqef_f imB^hcêdt jim]ef[dmq nfmq b]bfa mf bfem]bm if icj;]m^cthd if` \]mq nfmq b]bjA mf dccA`dA i[t`d i gf\cdeefa hj`pbfa ] _c][ef^ 4 i B^]cqefa :dèqA

mBj\] fZe]Bj:d[]Ardn i^Zt e] g^B [pn :^ jBfb]n j:^ [ g^B[fh bc]ii^ Ei^ B^Ztm] ^r^ \f ;bfcp 4 [ \^m ibfh i]\j \fh] d e] jcdl^ [ _fBf\^ d [ \^B^[e^ [f [iâ :dèd fbBj:][ ;â dn i h]cpn c^m hef:îm[f B]` icp;]cd d i]hd g^cd B]èp^ gîed hef:îm[f B]` icj;]cd m]el^[]cq ejA hj`pbj [d\^cd m]eljArdn cA \â d i]hd m]el^[]cd hef:îm[f B]` icp;]cd h]B;^[jA hj`pbj [d \^cd b]b gf\ smj hj`pbj ;]_]cd ifc\]mp igfBmihêp bfcfeep \^ hfeimB]emf[ d i]hd h]B;dBf[]cd gf\ m]bjA hj`pbj Ymfm if[^B;êef B^]cqepa :d` eêepa fgpm b]b gB][dcf i]hdhd B^Ztm]hd e^ fifè]^mit Nf fe :d[^m [ b]:\fh g^B[fbc]iiedb^ d \]^m [f` hf:efimq j@dm^cA e] g^B[fh :^ jBf b^ gfic^ bB]mbf_f B]iib]`] f 3mB^n bdm]n6 [ \B^[eâ ib]`^ _dgfm^`^ f `^hc^ g^Bâmd b 3mB^h bdm]h6 [ hj `pb^ M_B]t e] kfBm^gd]ef dcd e] \Bj_fh hj`pb]cqefh deimBjhêm^ dn fZB]`lp j@dm^cq [p`f[^m [ B^Zt m]n B]\fimef^ j\d[cêd^ bf_\] ed fZe]Bj:]m @mf j:^ fb]`p[]^mit è] bfhp i fief[]hd hj`pbd i ^^ kje\] hêmfh Rjrîm[êefa imfBfefa smf_f []: eâ;^_f \ct g^B[f_f jBfb] hfhêm] t[dmit mf @mf e^ j@dm^cq g^B[ph gBfdèî^m icf[] 3h]B;6 3m]e^l6 3gîet6 ] i]hd j@êdbd Ymf [p`f[^m [ edn e^ mfcqbf dem^Bî d [e^;e^^ @dimf d_Bf[f^ j\f[fcqim[d^ ef m]b :^ @mf [ [pi;â im^gêd []:ef [^ Bj [ i]hdn i^Zt 3fb]`p[]^mit hp j:^ bf^ @mf è]^h 6 j[]:êd^ b i] hdh i^Z^ 3e^ m]bd^ j: hp fb]`p[] ^mit h]cp;d 6 d @mf e^ hê^^ []: ef \f[^Bd^ d idhg]mdA b j@dm^cA 3b]b [i^ gfetmef d b]b dem^Bîef j e^_f j@dmqit 6 Ei^ smf icj:dm e]\^:ephd gB^\gf ipcb]hd \ct j[c^@êefimd B^Ztm hj `pb]cqephd `]etmdthd d ic^\f[] m^cqef \ct jig^;efimd smdn `]etmda d if`\]edt e] edn mfa ]mhfik^Bp m[fB@îbfa `]dem^Bîf[]eefimd [ bf mfBfa gBflîi fZj@êdt Zj\^m gBflî ifh e^ mfcqbf cf_d@îbd gfetmeph ef d shfldfe]cqef j[c^b]m^cqeph OgfB] e] 3mB^n bdmf[6 iB]`j :^ [[f \dm g^B[fbc]iiedbf[ [ mBd f_Bfheâ

;d^ fZc]imd hj`pbd Mn hj`pb]cq epa _fBd`fem iB]`j :^ im]ef[dmit Z^` _B]ed@ef ;dBfbdh 4 [^\q B^@q d\^m fZf [i^n gîetn fZf [i^n m]el]n fZf [i^n h]B;]n e] `^hc^ Oe e^d`h^Bdhf ;dBfb [ iB][eêdd i m^h @mf fZp@ef \]^mit e] g^B[pn jBfb]n hj`pbd bf_ \] hj`pb]cqef^ B]`[dmd^ g^B[fbc]i iedbf[ d\^m fm f\efa \^mibfa gîêbd dcd deimBjhêm]cqefa gqîbd b \Bj _fa Z^` [itbf_f fZfZrêdt KfebB^mef^ @]imef^ gfetmd^ 4 sm] gîet smfm m]e^l smfm h]B; 4 îmî m[êef [gdip[]^mit [ ;dBfbf^ gfet md^ 4 [i^ gîed [i^ m]elp [i^ h]B ;d Pîed m]elp h]B;d [ffZr^ EfigBdtmd^ hj`pbd g^B[fbc]iied b]hd iB]`j :^ im]ef[dmit ]bmd[ef m[fB@îbdh ]e]cdmd@îbdh E^\q j@dm^cq gB^\c]_]^m dh gficj;]mq e^ 3gîeA6 e^ 3h]B;6 e^ 3m]e^l6 ] h j ` p b j [ffZr^ >^Ztm] \fc:ep d hf_jm i]hd jicp;]mq d fgB^\^cdmq n]B]bm^B smfa hj`pbd d gBde]\c^: efimq ^^ b f\efa d` mB^n fief[epn fZc]imâ hj`pbd OifZêef ]bmd[eph im]ef[dmit [figBdtmd^ j@]rdnit bf_\] `[j@dm 3gîet h]B;6 dcd 3gîet m]e^l6 dcd 3m]e^l h]B;6 S@dm^cq e^ \fc :ê `]B]e^^ gB^\jgB^:\]mq bc]ii f [f`hf:efimtn m]bdn if@^m]eda 4 B^ Ztm] i]hd \fc:ep gBdamd b smfhj [p [f\j PBd `[j@]edd e]gBdh^B gîed h]B;] fZp@ef gfcf[de] bc]ii] jm[^B:\]^m @mf smf gîet \Bj_]t e] im]d[]^m e] mfh @mf smf h]B; Rmfcb ef[êd^ heêda [p`p[]^m 3m[fB@î bda bfekcdbm6 bfmfBpa gBd[f\dm b fmbBpmdA ef[fa mf@e^^ b fifè]edA \][ef j:^ e] gB]bmdb^ d`[îmefa ef B]e^^ e^ fifè][][;âit dimdep f [f`hf:efimd 3[imB^@ bdmf[ \Bj_ i \Bj_fh6 [ f\efh if@deêdd V]b j:^ i g^B[pn jBfbf[ g^B[f bc]iiedbd j@]mit i]hfhj _c][efhj @mf \fc:e] \][]mq j@]rdhit ;bfc] e^ mfcqbf e]ZcA\]mq d @j[im[ê ef [figBdedh]mq mf dcd def^ t[c^ ed^ ef d B]`hp;ctmq f e^h [ \]eefh icj@]^ 4 e^ mfcqbf icj;]mq hj`pbj ef d B]`hp;ctmq f eâ OgfB] e] 3mB^n bdmf[6 \]^m [f` hf:efimq j:^ i g^B[f_f bc]ii] if [^B;êef e^`]h^mef Z^` fifZpn jid cda [nf\dmq [ cAZjA fZc]imq hj`p

b]cqef_f dibjiim[] [bcA@]t icf: eâ;d^ fZc]imd fg^Bp fB]mfBdd Z] c^m] idhkfedd Rcj;]t b gBdh^Bj gîeA d` fB]mfBdd m]e^l d` idhkf edd h]B; d` fg^Bp dcd d` Z]c^m] \] :^ g^B[fbc]iiedbd Zj\jm icp;]mq è]bfhpn dh 3bdmf[6 e^ `]\jhp[]tiq e]\ m^h [ b]bfa fZc]imd hj`pbd [ \]eefh icj@]^ 3bdmp6 smd i^Zt fZe] Bj:d[]Am >]`jh^^mit [ hc]\;dn bc]ii]n B^@q hf:^m d\md cd;q f kB]_hêm]n d` bBjgepn gBfd`[^\êda 4 fm\^cq epn m^h]n sgd`f\]n [gcfmq \f fm \^cqepn @]imâ Dftmqit smf_f e^ e] \f [^\q [`Bficp^ \]:^ hj`pb]emp gBfkîidfe]cp igcf;q d Bt\fh 3e] g^[]Am6 cd;q fm\^cqep^ cAZdhp^ h^cf\dd d` bBjgepn gBfd`[^\êda 4 `]@^h :^ cd;]mq smf_f gB][] \^mâ []:ef @mfZp cAZfa digfcq`j^hpa e] `]etmdtn h]m^Bd]c efidc Zfc^^ dcd hê^^ `]bfe@êepa n]B]bm^B Pf im^gêef @^B^` smd kB]_hêmp j@] rdît gf\fa\jm b [figBdtmdA bBjg epn hef_f@]imepn gBfd`[^\êda [ dn l^cfimefh `[j@]edd Nf b smfhj g^Bdf\j hj`pb]cqef_f B]`[dmdt \ct edn gBd[p@ephd im]ejm d m^Bhdep 3fg^B]6 3idhkfedt6 3fB]mfBdt6 3b]em]m]6 3Z]c^m6 fed e^ Zj\jm 3Zftmqit6 dn b]b 3Zftmit6 ^r^ i^_f\ et hef_d^ [`Bficp^ i e^\fim]mf@ef B]`[dmfa hj`pb]cqefa bjcqmjBfa d fed e] i[f^h cd@efh fgpm^ jZ^\tmit [ mfh @mf hj`pb] smdn bBjgepn gBf d`[^\êda [gfce^ dh \fimjge] d m]b :^ b]b hef_d^ gBfd`[^\êdt h]cpn kfBh i[t`]e] i 3mB^ht bdm]hd6 Pîet m]e^l d h]B; im]ef[tmit e]\^:ephd hfimdb]hd gf bfmfBph ;bfcqedb e^ jhf`Bdm^cqef e^ m^f B^md@îbd ] e^gfiB^\im[êef i[fdh icjnf[ph [figBdtmd^h d i[fdh di gfceêd^h m[fB@îbd ]bmd[ef ;]_ `] ;]_fh hf_jm [famd [ cAZjA fZ c]imq hj`pb]cqef_f dibjiim[] e] _ct\ef fZe]Bj:d[]t gBd smfh b]b gîet g^B^B]im]^m [ gîêefimq m] e^l 4 [ m]el^[]cqefimq h]B; 4 [ h]B;^[fimq OgfB] e] gîeA m]e^l d h]B; B]i bBp[]^m ;dBf@]a;d^ g^Big^bmd[p \ct jim]ef[cêdt hef_ffZB]èpn i[t`â hj`pbd if [i^hd `[êqthd d` j@]^hfa [ ;bfc^ dimfBdd @^cf[^@î

M_B] hf:^m icj:dmq B]èph l^cth mfcqbf cd;q B]`[c^@q 4 mf_\] â hîmf ibfBâ e] g^B^hêb^ @^h e] jBfb^ dcd :^ j[c^@q @^h cdZf []:eph ej:eph nfBf;dh 4 mf_\] fe] im]ef[dmit lêeâ;dh sc^hêmfh jBfb] fifZêef [ hc]\;dn bc]ii]n

bf_f fZrîm[] O_Bfhep^ [f`hf: efimd m]tm [ i^Z^ j:^ e]Bf\ep^ gî ed d m]elp 4 i[f^fZB]è]t seldbcf g^\dt :dèd e]Bf\f[ hdB] Ef hef_f bB]m jhef:]^m smd [f`hf:efimd bfh gf`dmfBibf^ m[fB@îm[f gBf;cf_f d e]imftr^_f fm^@îm[êef^ d `]Bj Z^:ef^ Qj`pb] [pimjg]^m `\îq b]b hf_j@^^ iB^\im[f e^ mfcqbf gfè]edt ef d gB^[B]rêdt cAZf_f cf_d@îbf _f k]bm] [ mfh @dic^ cAZf_f k]bm] dimfBdd [ k]bm shfldfe]cqef f\j nfm[fBêepa gfsmfhj [fcejArda d _fB]`\f _cjZ:^ [nf\trda [ ifè]ed^ Pf\fZe]t :^ mîe]t i[t`q [fèdb] ^m gBd smfh h^:\j hj`pbfa d [i^hd \Bj_dhd dibjiim[]hd cdm^B]mjBfa gB^:\^ [i^_f J]\]@d sim^md@îbf_f [figdm]edt igc^m]Amit `\îq i `]\] @]hd _jh]edm]Bef_f [ g^B[jA f@^ B^\q dimfBd@îbf_f fZB]`f[]edt OZimftm^cqef^ B]iihfmBêd^ m^h B]ibBp[]Ardn hef_ffZB]èp^ :d` eêep^ i[t`d hj`pbd [fa\^m B]`j h^^mit [ gBf_B]hhj iB^\edn d im]B ;dn bc]iif[ ef j:^ i g^B[f_f bc]i i] e^ e]\f Zftmqit gBdZ^_]mq b B]` ef_f Bf\] iB][eêdth ifgfim][c^ edth i [pnf\fh `] gB^\^cp hj`pbd K gBdh^Bj hj`pb]cqep^ m^hZBp hf:ef jgf\fZdmq B]`cd@eph bB]i b]h [ g]cdmB^ nj\f:edb] h]:fB hf:ef ifgfim][dmq i mfe]hd Zfc^^ i[^mcphd tBbdhd hdefB i mfe]hd hê^^ tBbdhd `]m^heêephd è]bd gB^gde]edt [ hj`pb^ hf:ef ifgfi m][dmq if è]b]hd gB^gde]edt [ B]` _f[fBefa B^@d mf@bd `]gtmp^ [fi bcdl]m^cqep^ d [fgBfidm^cqep^ è]bd B]`[dmd^ hj`pbd hf:ef if d`h^Btmq i B]`[dmd^h m^bim] imdnf[ [ gîe^ i B]`[dmd^h iA:^m] [ gBf _B]hhefh if@deêdd d m \ d m g Pf@md cAZf^ if@deêd^ 4 d i m^bi mfh d Z^` m^bim] 4 \]^m [f`hf:efimq f\efa \[jht kB]`]hd jb]`]mq e] dn i[t`q i m^h dcd deph @j[im[fh dcd hpicqA @^cf[^b] i m^h dcd deph :dèêeph if[B^hêeph dcd dimf Bd@îbdh k]bmfh C^h Zfcq;^ B]` cd@epn :dèêepn i[t`â hj`pbd Zj\^m e] jBfb^ fZe]Bj:êf m^h Zf c^^ gBf@ef hj`pb] Zj\^m [nf\dmq [ ifè]ed^ B^Ztm b]b @]imq :dèd b]b i]h] :dèq OgfB]e] 3mB^n bdmf[6 jim]e][cd []^m îmîm[êejA i[t`q ;bfcqepn `]etmda hj`pbfa i gf[i^\e^[efa :dèqA ;bfcqedbf[ Kf_\] e]gBd

h^B e] jBfb^ [ g^B[fh bc]ii^ gf^mit gîêb] 38dcd j Z]Zjid \[] [î^cpn _jit6 mf gB^gf\]ee]t B^Ztm]h gBfi mf b]b sm] gîêb] d`fcdBf[]eef fm gB^\im][cêdt fZ f_Bfhefh hdB^ [iA\j d [i^hd gfArdnit gîê [f fZr^ fe] ed i @^h e^ Zj\^m ]iifldd Bf[]mqit [ ifè]edd B^Ztm bBfh^ ;bfcqef_f jBfb] E^\q Z^` fifZf_f Bdib] f;dZdmqit hf:ef jm[^B:\]mq @mf [e^ \]eef_f jBfb] [ imê]n i[f^ _f bc]ii] fed ed_\^ ed fm bf_f e^ jicp;]m gBf smdn 3[î^cpn _jiâ6 \]:^ [ i[fâ ;bfc^ 8dèq e^ `]bB^ gdm smj gîêbj [ dn ifè]edd d j: e][^Betb] e^ B]i;dBdm è]edt gfcj @êep^ dhd e] ;bfcqefh jBfb^ Hicd :^ gîet cAZ]t gîet [bcA @]t m^n :^ 3[î^cpn _jiâ6 Zj\^m gB^gf\]e] b]b f\de d` fZB]`lf[ dcd gBdh^Bf[ f_Bfheâ;â h]iip gf [iA\j `[j@]rdn gîê g ^ i ^ e [f fZr^ d [\fZ][fb îcd j@dm^cq gf if[^mj^m B^Ztm]h gBdicj;d[]mqit [e^ ;bfcp b `[j@]râ [fbBj_ edn hj `pb^ 3[pdibd[]t6 [ eâ gîed d iB][ed[]mq dn i gîethd jicp;]e ephd e] jBfb^ [ mfh @dic^ i 3Z]Zjid ephd _jithd6 gfnf:d dcd e^ gfnf :d mf \[d:êd^ hj`pb]cqef_f @j[ im[] d hj`pb]cqefa hpicd e]@][;^ ît e] jBfb^ e^ mfcqbf e^ gB^B[^mit d \]:^ e^ `]mfBhf`dmit ef e]gBfmd[ gfcj@]t gdrj d` fbBj:]Arâ :d` ed gBf\fc:dmit d fm jBfb] b jBfbj Zj\^m e]ZdB]mq idcj d m^hg Ei^ ib]`]eef^ B]`jh^^mit fmef idmit e^ mfcqbf b gîe^ ef [ B][efa h^B^ d b m]elj d b h]B;j \]Ardh ed@jmq e^ hêq;d^ [f`hf:efimd \ct jim]ef[cêdt gcf\fm[fBepn i[t`â h^:\j ;bfcqephd jBfb]hd d fbBj :]Arâ :dèqA fifZêef i mf_f hf hêm] bf_\] B^Ztm] e]@de]Am [edb]mq [ :dèêef^ if\^B:]ed^ `[j@]râ [ bc]ii^ hj`pbd Qj`pb] d :dèq smf _ê^B]cqe]t m^ h] i[f^_f Bf\] 3i[^Bn`]\]@]6 ;bfcq epn `]etmda hj`pbfa bfmfBjA ed [ bf^h icj@]^ e^cq`t [p\^ctmq [ i]hf imftm^cqepa Zfc^^ dcd hê^^ d`fcd Bf[]eepa B]`\^c Oe] \fc:e] gBfed `p[]mq [i^ `]etmdt [f [i^n `[êqtn fm g^B[f_f \f gfic^\e^_f bc]ii] Qj`p b]cqepa h]m^Bd]c `[j@]rda e] `]et mdtn bfhhêm]Bdd j@dm^ct e]ZcA\^ edt d B]`hp;cêdt i]hdn j@]rdnit e]gB][ct^hp^ j@dm^c^h 4 [i7 \fc: ef gfhf_]mq gfim^gêefhj B^;êdA

smfa 3i[^Bn`]\]@d6 R b]:\ph _f\fh j@dm^cq hf:^m [p\[d_]mq ^^ [i^ ;dB^ d ih^c^^ PBd smfh e]\f f\e]bf mr]m^cqef ic^\dmq `] m^h @mfZp `\îq e^ Zpcf ed b]gcd [e^;eâ e]`d\]m^cqefimd d BdmfBdbd ed f\efa gjimfa im]e\]Bm efa kB]`p ed f\ef_f 3fZr^_f6 icf [] cd;êef_f bfebB^mef_f if\^B:] edt d shfldfe]cqefimd Nf fm[^B_]t 3fZrd^ icf[]6 e^cq`t fmBdl]mq f_BfhejA Bfcq bfmfBjA d_ B]^m [ j@^Zef [figdm]m^cqefa B]Zfm^ gBfimf^ ef jhef^ d i^B\^@ef^ icf[f j@dm^ct 3Rcf[f j@dm^ct 4 ed@^h e^ `]hêdhpa deimBjhêm [f`\âim[dt e] \j;j [figdm]eedb] Mibjiim[f [figdm]edt [bcA@]^m gB^:\^ [i^_f dibjiim[f _f[fBdmq fZB]r]tiq b @^ cf[^@îbfhj i^B\lj6 E G Rjnfh cdeibda O\e] \[^ c]bfed@ep^ ef fZB]èp^ kB]`p ib]`]eep^ j@dm^c^h [ i[t`d i m^h dcd deph `[j@]rdh [ bc]ii^ hj `pb]cqeph gBfd`[^\êd^h `]g]\jm [ ifè]ed^ B^Ztm [ dn \j;j [p`f[jm j edn Zc]_fBf\ep^ hpicd d shfldd [ eîB][edhf Zfcq;â h^B^ @^h cA Zp^ gB^\[]Bdm^cqef `]_fmf[cêep^ 3fZrd^ icf[]6 e] mj :^ m^hj G gf[f \f[ \ct ej:epn icf[ dhgjcqif[ \ct ifZim[êepn shflda j@dm^cq e]a\^m ibfcqbf j_f\ef [ cAZfh hj`pb]cq efh gBfd`[^\êdd 4 e^ mfcqbf [ g^ iêepn imdn]n ef d [ i]hfa hj`pb^ [ b]bdn cdZf k]bm]n d` :dèd \]eef _f gBfd`[^\êdt d ^_f ][mfBf[ 4 bfh gf`dmfB] d gfsm] E ^r^ Zfcq;â h^ B^ @^h b fm\^cqeph gBfd`[^\êdth smf fmefidmit b m]bdh fZfZr]Ardh Zf_]mph if\^B:]ed^h m^h]h b]b 3Qj`pb] e] KB]iefa gcfr]\d6 3>^ [fcAldfeep^ gîed6 3Qj`pb] E^ cdbfa Om^@îm[êefa [faep6 3Qj `pb] d ;bfc]6 3Qj`pb] d gdfe^Bc] _^Bq6 d m \ d m g V^h m]bf_f Bf\] Zf c^^ @^h \fim]mf@ef \ct [i^n bc]iif[ fm g^B[f_f \f gfic^\e^_f d j@dm^cq hf:^m i[fZf\ef fmZdB]mq dn [ `][d idhfimd fm ifZim[êepn è]eda ifZ im[êepn dem^Bîf[ d cd@ef_f :d` eêef_f fgpm] V]b d`j@]t hj`pbj B^Ztm] j:^ i g^B[f_f bc]ii] gfahjm d gf@j[im[j Am @mf fed d`j@]Am :dèq @mf hj`p b] 4 smf i]h] :dèq , ?5?< 7>=7 4 B<75C J7A >?A7 7

+$ - # %$ ' $ $#. / $ &( - &( - !.#$& $'%"+ #"" " % $) ''"" % $ &( - #+ '$ & ##$& &" LR3NQVZOQ 8 ? 0QT\d-Whh Z ]^fYZ]aX [3Z_R]]XX [RPQSZSQ \^TdVQYaQ O ]ZO3R\RYYZ\ \X3R 8 ? LR3NQVZOQ ' RfR \ZWZPZU YZ ^,R XTOR]aYdU ^1RYdU PZVaZ3 [RPQSZSX1R]VXb YQ^V [3Z_R]]Z3 VQ_RP3d \RaZPZWZSXX X \RaZPXVX [3R[ZPQOQYXh \^TdVX CZ]VZO ]VZSZ [RPQSZSX1R]VZSZ SZ]^PQ3]aORYYZSZ ^YXOR3]XaRaQ QOaZ3 YQ^1YZSZ YQ[3QOWRYXh %FXWZ]Z_Xh \^TdVX X \^TdVQWeYZSZ ZN3QTZOQYXh( ' Z[X3QRa]h YQ ]ZN]aORYYdU \YZSZWRaYXU Z[da ^YXOR3]QWeYZSZ \^TdVQYaQ OVW21Q2fXU -X3ZV^2 VZY`R3aYZ [3Z]ORaXaRWe]V^2 PRhaRWeYZ]ae O VQ1R]aOR [XQYX]aVX VWQOR]XYX]aVX X Z3SQYX]a VX Q aQV,R QVaXOY^2 [RPQSZSX1R]V^2 X YQ^1YZ X]]WRPZOQaRWe]V^2 PRhaRWeYZ]ae ;QPQOQh ]RNR X ]OZX\ 1XaQaRWh\ 3hP OZ[3Z]ZO ]OhTQYYdb ] [Za3RNYZ]ae2 Z[3RPR WXae ^]WZOXh YRZNbZPX\dR PWh aZSZ 1aZNd ]ZO3R\RYYdU [RPQSZS \^TdVQYa \ZS ]aQae PWh ]OZXb ^1RYXVZO YQPR,Yd\ [3ZOZPYXVZ\ O NR]VZYR1YZ]ae \^TdVQWeYZSZ [3Z]a3QY]aOQ 8 ? LR3NQVZOQ OZOWRVQRa 1XaQaRWh O Qa\Z]_R3^ PXQWZSQ 3QT\d- WRYXU ZN\RYQ \YRYXh\X ]R3eRTYZSZ QYQWXTQ Z]a3RU-Xb [3ZNWR\ ]aZhfXb [R3RP ]Z O3R\RYYd\ [RPQSZSZ\ \^TdVQYaZ\ [3XTdOQh VQ,PZSZ VaZ XTN3QW ga^ [3Z_R]]X2 V [ZX]V^ ]ZN]aORYYdb [^aRU PWh 3RQWXTQ`XX ZS3Z\YZSZ aOZ31R]VZSZ [ZaRY`XQWQ TQ WZ,RYYZSZ O [RPQSZSXVR X]V^]]aOQ ! >6 C K@?GC K@?GC 8 6>5=?9>7: =G B?E=6HG @?F LB7>=: ?BF 7: =G @ ?F= 4? 7 =: ;?856 4 ?3J7BF47>>? @?<=F= 7B;C = =57:>C =9>I @<6>7FH 4?4<7 7>H 8=86>FB;=7 A6BBH < 57: 4B7 LB>7: BF6>?4=FBL F? >7F = >7 A? 7F 3HFI 4 =9>= >= 78? F? 3H<? 3H ?8 6>= 7>? 6A;6A= C9;?8? @ ?D7BB=?>6<=9A6

" =9C 7>=7 C =G AC9H;6HG ;C<IFC A? 7F CBF 6>=FI KBF7F= 7B;=7 @ 75 C37 57>=L >6E=?>6<=BF= 7B;=7 = 6B=BFB;=7 >6BF ?7>=L = @ ?3C5=FI @?>=A6 >=7 =>F7<<7;FC6HG ?B?37>>?BF7: 5 C8=G >6 ?5?4 ! % # $ % peîêep^ [ sgd_B]k icf[] F K]Z]c^[ibf_f Zpcd gBfd` eîêp dAct _f\] e] Pcê]Befh `]i^\]edd bfek^Bê ldd Q^:\je]Bf\ef_f fZrîm[] gf hj`pb]cqefhj [figdm]edA MRQH ef d i^_f\et [ sgfnj fimBâ;^_f ld[dcd`]ldfeef_f bBd`di] bfmf Bpa g^B^:d[]^m gc]e^m] J^hct [ sgfnj gBfmd[fB^@da [fèdb]A rdn e] smed@îbfa B]if[fa B^cd _dfèfa gf@[^ smd icf[] `[j@]m @B^`[p@]aef ]bmj]cqef b]b d >^ bfhê\]ldd Q^:\je]Bf\efa bfek^Bêldd MRQH gBfnf\d[ ;â [ Mem^Bcfnê^ V]b [ @^h :^ `]bcA@]^mit kêf hê hj`pb]cqef_f dibjiim[] mfa j\d[dm^cqefa 3[mfBfa gBdBf\p6 Q K]_]e bfmfBjA if`\]c +)+ 0.&#0. 4 C^cf[^b Qj`pb]cqepa

K]bf[] Bfcq hj`pbd d hj`pb]cqef _f fZB]`f[]edt [ if[B^hêefh gfim de\jimBd]cqefh fZrîm[^ [ ef[fa dekfBh]ldfeefa ld[dcd`]ldd Qf:^m cd hj`pb] d hj`pb]cqef^ fZB]`f[]ed^ im]mq 3hfimfh6 gf`[f ctArdh gB^f\fc^mq gBfmd[fB^@dt B]`\^ctArd^ B]`cd@ep^ e]Bf\p B]`cd@ep^ bjcqmjBp K]bdh \fc :ê Zpmq g^\]_f_ hj`pb]em [`t[ ;da e] i^Zt hdiidA im]mq gBf[f\ edbfh [ gBfimB]eim[f hdBf[fa hj `pb]cqefa bjcqmjBp Qf:ef cd d`j@]mq hj`pbj [^\q ^r^ D Gi]kq^[ gfimfteef gf\@^B bd[]c @mf hj`pb] 4 smf dibjiim[f ] fmeA\q e^ e]j@e]t \dildgcde] bf mfBfa gf ^_f [pB]:êdA 3j@]mit d bfmfBjA d`j@]Am6 V]b hf:ef cd 3fZj@]mq6 hj`pb^ Cmf dh^c [ [d\j F K]Z]c^[ibda bf_\] gBd`p[]c e^

f_B]ed@d[]mqit j`bfgBfkîidf e]cqephd B]hb]hd Cmf e^fZnf\d hf @mfZp if[B^hêepa ;bfcqedb fZc]\]Arda f_Bfhephd [f`hf: efimthd \ct gfcj@êdt i]hfa B]` cd@efa dekfBh]ldd d [ mfh @dic^ hj`pb]cqefa digpm]c imB]imef^ :^c]ed^ gf_Bj`dmqit [ fb^]e hj`p bd Cmf e^fZnf\dhf @mfZp 3ZjBep^ [fcep6 e^ gf_cfmdcd ^_f @mfZp gj m^;îm[d^ [ Zîbfe^@efimq hj`p b]cqepn hdBf[ im]cf efBhfa :d` ed e^diitb]Arâ gfmB^ZefimqA fZf_]r]Arâ d \j;j d B]`jh Kfcd@îm[f [fgBfif[ `] gBf;^\ ;d^ _f\p e^ mfcqbf e^ jhêq;]^mit ] mfcqbf [f`B]im]^m [ gfimfteef B]i ;dBtAr^hit gBfimB]eim[^ bjcqmj Bp WW [^b gB^gf\]c if[B^hêeph hj`pb]em]h hef:îm[f jBfbf[ d f\edh d` []:eâ;dn t[ct^mit mf

@mf [ imB^hdm^cqef B]`[d[]Ar^hit hj`pb]cqefh hdB^ _\^ gfimfteef gBfdinf\dm cfhb] im^B^fmdgf[ Bf: \]Amit jedb]cqep^ e^ dhÂrd^ ]e]cf_f[ nj\f:îm[êep^ hdBp gB][f fijrîm[ctmq g^\]_f_d@î bjA \^tm^cqefimq dh^^m mfcqbf @?5 <=>>H: -C9H;6>F Qj`pb]em gfed h]Arda ijrefimq gBfdinf\trdn gBflîif[ j[c^@êef jimB^hctA rdait e] gfdib ef[f_f _fmf[pa fm bBp[]mq \ct i^Zt d \ct i[fdn j@êd bf[ ef[f^ nj\f:îm[êef^ gBfi mB]eim[f ] e^ f_B]ed@d[]Ardait e]ZfBfh fgB^\^cêepn h^mf\d@î bdn jb]`]eda dcd B^bfhê\f[]eef_f hj`pb]cqef_f h]m^Bd]c] \]:^ îcd smf dibcA@dm^cqef ;^\^[Bp hj`p b]cqef_f dibjiim[] Mhêef smf d dh^c [ [d\j F K]Z] c^[ibda gBd`p[]t e^ `]hpb]mqit [ j`bfgBfkîidfe]cqepn B]hb]n [ic^\im[d^ @^_f [fèdb]^m @B^`[p @]aef fZh]e@d[]t dccA`dt @mf fgB^\^cêef^ bfcd@îm[f gBfkîid fe]cqepn è]eda d jhêda [gfce^ \fim]mf@ef @mfZp 3j@dmq hj`pb^6 3S@dmq hj`pb^6 hf:ef mfcqbf hj `pbfa efidm^c^h bfmfBfa [ idim^h^ hj`pb]cqef_f fZB]`f[]edt t[ct^mit g^\]_f_ hj`pb]em Mhêef gfsmfhj [^cdbdhd g^\]_f_]hd gBfi[^mdm^ct hd Zpcd Zfcq;d^ hj`pb]emp F K]Z]c^[ibda d K OBk Y Kf\]d d L D^Beim]ae Kfe^@ef hf:ef [f` B]`dmq @mf \]c^bf e^ b]:\pa g^\] _f_ t[ct^mit [^cdbdh bfhgf`dmfBfh dn ^\dedlp ] b]b :^ Zpmq i h]iif [fa idim^hfa hj`pb]cqef_f fZB]`f []edt M è]@dm cd smf @mf [f[i^ e^ ej:ep h^mf\d@îbd^ B]`B]Zfmbd dcd fgB^\^cêepa e]ZfB B^bfhê \f[]eepn dimf@edbf[ Kfe^@ef e^m Ei7 smf e^fZnf\dhf b]b e^b]t Z]`] fgB^\^cêepa fZB] `^l bfmfBpa fmeA\q e^ t[ct^mit e^`pZc^hph d e^ gf\c^:]rdh d` hêêdth Dfc^^ mf_f @^h è]@d m^cqe^^ Zj\^m bfcd@îm[f h^mf\d @îbdn B]`B]Zfmfb []Bd]emf[ m^h Zfcq;^ [f`hf:efimâ \ct if`\]edt ifZim[êepn hf\^câ fm[^@]Ardn cd@efimeph gB^\im][cêdth f gBf kîidd Je]@dm cd smf @mf gBd`p[ e^ `]hpb]mqit [ j`bf gBfkîidf e]cqepn B]hb]n [f[i^ dibcA@]^m m]bf[p^ G hf:^m Zpmq gBd epe^; edn m^ned@îbdn [f`hf:efimtn g^ \]_f_j hj`pb]emj if[i^h e^ fZt`]

m^cqef e^ mfcqbf Zpmq bfhgf`dmf Bfh ef d Zcîmtr^ [c]\^mq hj`p b]cqeph deimBjhêmfh N^ fZt`] m^cqef m]b:^ fZc]\]mq b]bdhd mf [fb]cqephd \]eephd dcd dibji im[fh \dBd:dBf[]edt d m \ Rmfdm cd gf\nf\dmq b deimBjhêmj îcd îmq `]h^@]m^cqep^ `]gdid [p\]A rdnit h]im^Bf[ i bfmfBphd e^[f` hf:ef ifg^Bed@]mq Qf:^m Zpmq e^ fZt`]m^cqef d Zpmq gBfkîidfe]cq eph hj`pb]emfh ] \fim]mf@ef fZ c]\]mq fgB^\^cêefa sBj\dldâ e] ZfBfh è]eda [ fZc]imd hj`pb]cq ef_f dibjiim[] N^ i^bB^m @mf m]bd^ [fgBfip `[j @]m \fim]mf@ef @]imf d gfsmfhj gB^\im][ct^mit e^fZnf\dhph [p ib]`]mq i[fA gf`dldA [ smfh igfB^ E gBdeldg^ hf:ef gB^\im][dmq i^ Z^ dibcA@dm^cqef_f h^cfh]e] icj ;]m^ct \fimd_;^_f gf [pB]:êdA V G\fBef jBf[et 3sbig^Bm]6 imB]imef_f gBfg]_]e\dim] hj`p b]cqef_f dibjiim[] fZc]\]Ar^_f e^ mfcqbf [pif@]a;â _jh]edm]B efa bjcqmjBfa ef d ]bm^Bibdh m^h g^B]hêmfh igfifZef_f j[c^@q ;bfcqedbf[ e] gjmq gfimd:êdt hj`pbd PB^\im][dh i^Z^ e] h_ef [êd^ @mf b ;bfcqedb]h bfmfBp^ è]bfhtmit e] jBfb^ i [p\]Ardhd it digfcedm^cthd [fb]cqefa cdBd bd dn e]im][edb fZB]r]^mit i m] bdhd icf[]hd 3R]hph idcqeph nj\f:îm[êeph [g^@]mcêd^h `] gfic^\e^^ [B^ht im]cf \ct hêt di gfceêd^ L^h^;^[ph Bfh]ei] Icdebd 38^c]ed^6 Vf cd t b]bdh mf fZB]`fh gBfgjimdc ^_f gB^:\^ mf cd e^ ijh^c jicp;]mq 6 G \] c^^ ]e]cd`dBjt fifZjA Bfcq bfmf BjA d_B]^m [^cdbda dem^BgB^m]mfB [ mfh [g^@]mcêdd @mf hj`pb] fb] `p[]^m e] \j;d cA\â ? N]_dZde ] smf fe [pimjg]^m [ e];^h gBdh^ B^ [ Bfcd j@dm^ct hj`pbd [fibcd l]^m 3L^h^;^[ [fèfidm e^ mfcqbf icf[] ef d hj`pbj Kmf fmefidcit i^Bq^èf b bfBfmêqbfhj Bfh]eij 4 gfcj;jmb^ G Vdmf[] 3< è]c ^^ h] cph B^Zêbfh6 e] icf[] F Qde]^ [] Nf bf_\] j:^ gf:dcfa L^h^ ;^[ g^c smfm bfBfmêqbda Bfh]ei [ `]c^ gc]b]cd M t mf:^ gf:dcfa d i^\fa icj;]t e]^\de^ Bfh]ei [`\fn gc]@j f m]b e^`]h^mef gBf h^cqbej[;â :dèd Nf `]gfa smf bmf mf \Bj_fa 4 [ cj@;^h icj@]^

jih^ne^;qit L^h^;^[ gB^[B] r]c [ `fcfmf [i^ b @^hj gBdb]i]c it6 i Qf:ef cd jZ^\dm^cq e^^ gB^\im][dmq Bfcq dem^BgB^m] mfB] hj`pbd Fâim[dm^cqef hp è]^h gBdh^Bp bf_\] cA\d e^ gf cj@d[;d^ gBfkîidA ]bm^B] im] ef[dcdiq [^cdbdhd Q]im^B]hd e^ fZj@][;dît cdm^B]mjBefhj h]i m^Bim[j [^cdbdhd gdi]m^cthd d m \ Nf smf e^ è]@dm @mf fed e^ j@d cdiq gBfkîidd N]gBfmd[ gBfkî idt im][;]t :dèêeph [pZfBfh [f[c^b]^m @^cf[^b] [ ]bmd[ef^ gf imd:êd^ gBfkîidfe]cqepn m]ae m[fB@îbda gfdib ifZim[êef_f gj md [ nj\f:îm[êefh gBfimB]eim[^ Nf îmq eîbfcqbf []:epn hfhê mf[ bfmfBp^ e^gB^hêef mB^ZjAm jmf@eêdt ,7 4?7 = ?B>?4>?7 @?<? 7>=7 4 jBfb hj`pbd îmq jBfb dibjiim[] @mf ifZim[êef edb^h d e^ fig] Bd[]^mit d [îmd ^_f hf:^m mfcqbf C^cf[^b Mibjiim[] 4 Qj`pb]em dcd imB]imepa cAZdm^cq hj`pbd imB^ htrdait im]mq gf\cdeeph Qj`p b]emfh \ct bfmfBf_f m]bfa jBfb t[ ct^mit m[fB@îbfa gfmB^ZefimqA igfifZfh i]hfB^]cd`]ldd [ nj\f :îm[êefh gBfimB]eim[^ bjcqmj Bp G [fm smf kfBh]cqef \^bc]Bd Bjtiq e] gB]bmdb^ \]c^bf e^ [i^_\] iffm[^mim[j^m \âim[dm^cqefimd V^h Zfc^^ @mf im]mji gBfkîidd i^ _f\et b [^cdbfhj if:]cêdA g]\] ^m PBd@de mfhj hef:îm[f KBfAm it fed [ fifZêefimtn if[B^hêef _f sm]g] B]`[dmdt [ ig^ldkdb^ m^n efbB]md@îbfa ld[dcd`]ldd gB^fZ c]\]edd gB]_h]md@îbdn mê\êlda d m \ Qf:ef cd [ m]bdn jicf[dtn imfcq [pifbf gf\edh]mq gc]ebj gBfkîidd g^\]_f_] hj`pb]em] N^fZnf\dhf gfibfcqbj de]@^ ihpic smfa gBfkîidd gfcefimqA di@^`]^m K]:\pa jBfb dibjiim[] [ b]bfa Zp kfBh^ fe ed Zpc gB^\ im][cê 4 jBfb] bfel^Bm] hj`p b]cqef m^]mB]cqefa d_Bp hj`p b]cqef cdm^B]mjBefa bfhgf`dldd d m \ fmcd@]^mit m^h @mf [ gBflî i^ ^_f gBf[^\êdt Bf:\]^mit ef[f^ nj\f:îm[êef^ gBfimB]eim[f m[fB@îbda \d]cf_ g^\]_f_] ][mfB] B^:dii^B] d digfcedm^ct i ^_f j@^ edb]hd 4 icj;]m^cthd j@]imedb] hd hj`pb]cqef_f \âim[] [ gBflî i^ bfmfBf_f [fèdb]^m gBfimB]eim[f

3ifj@]imef_f Zpmdt6 Q D]nmde V]bf^ gBfimB]eim[f if`\]^mit gf imfteeph m[fB@îbdh mBj\fh e] gfceêeph se^B_dâ if`d\]edt E mfm hfhêm bf_\] g^\]_f_ hj`p b]em e]@e^m @^mbf [pgfcetmq de imBjbldd `]hêtmq m[fB@îbda gBf lîi mdB]:dBf[]ed^h f\edn d m^n :^ \]:^ i]hpn gB][dcqepn d `]h^ @]m^cqepn d\â bf_\] m^ned@îbd^ iB^\im[] gfcefimqA [pmîetm :d [fa _fcfi :d[f^ `[j@]ed^ deimBj hêm] Bf:\]Ar^^ imfcq :^ :d[fa bfem]bm if icj;]m^c^h [ mfm hf hêm gBfkîidt g^\]_f_] hj`pb]e m] jhB^m gfmfhj @mf e^m ed@^_f imB];e^^ \ct m[fB@îbf_f gBflîi] @^h 3[dBji6 B][ef\j;dt B]`Bj;] Arda d jh d i^B\l^ d `]hêtArda se^B_dA if`d\]edt se^B_dâ B]`Bj ;êdt EdBji B][ef\j;dt fg]iê d `]B]`ê PfB]:]t g^\]_f_] fe e^ h^\cêef `]B]:]^m d ]j\dmfBdA Fd]_efimdBj^mit m]bf^ 3`]Zfc^[] ed^6 f@êq gBfimf Ymf 3gjimp^6 _c]`] md;de] bfmfB]t e^ 3`[êdm6 fm e]gBt:êdt ] [tcf 3[didm6 fZ [fc]bd[]t [i^n d [p`p[]t `^[fmj J[fefb fi[fZf:\]Arda fm 3gpmbd dibjiim[fh6 [p`p[]^m \Bj:epa [`\fn fZc^_@êdt Je]@dm cd smf @mf e^ ej:ep m^n ed@îbd^ iB^\im[] Cmf fed eîjm [ i^Z^ fg]iefimq Kfe^@ef e^m Og]i ep e^ m^ned@îbd^ iB^\im[] ] igf ifZ dn gBdhêêdt Hicd fed e^ `] bBp[]Am cd@efimq j@dm^ct ] [^B e^^ fmijmim[d^ m]bfa cd@efimd ] t[ctAmit deimBjhêmfh gf`[fctA rdh ^hj B]i;dBtmq nj\f:îm[ê ef^ gBfimB]eim[f mf [ edn ifbBpm è]@dm^cqepa gfmêld]c \ct if[^B ;êim[f[]edt hj`pb]cqef g^\]_f _d@îbf_f gBflîi] Dfc^^ mf_f i^ _f\et fimBf e^fZnf\dh gfdib ef[pn m^nefcf_da [[^\êd^ bfhgqAm^B] [ j@^Zef [figdm]m^cqepa gBflîi h]bidh]cqef^ digfcq`f[]ed^ [f` hf:efimâ bfmfBp^ gft[dcdiq Zc]_f\]Bt ^hj Mhêef `\îq ifbBpmf 4F? ?7 = >7 A7>77 46 >?7 @?<? 7>=7 bfmf Bf^ `]bcA@]^mit [ mfh @mf [ imB^hd m^cqef B]`[d[]Ar^hit hdB^ e^[f` hf:ef fim][]mqit e] hîm^ d_efBd Bjt d`hêêdt gBfdinf\trd^ [ gBfimB]eim[^ bjcqmjBp Me]@^ g^ \]_f_ hj`pb]em fZB^@ê e] gfimfte ef^ fmim][]ed^ fm B^]cqefimd fm

ifZim[êepn j@êdbf[ bfmfBp^ j:^ :d[jm [ \Bj_fh hdB^ [ \Bj_fa idi m^h^ lêefimepn bffB\de]m Pfm^ Bt[ bfem]bm i j@êdb]hd e^ gfed h]t dn d e^ :^c]t gBdcf:dmq jidcdt \ct mf_f @mfZp e]amd gjmd bf [`]d hfgfedh]edA g^\]_f_ hj`pb]em e^d`Z^:ef im]ef[dmit h]B_de]cfh [pmîet^mit e] fZf@dej nj\f:îm [êepn gBflîif[ gfsmfhj ^hj e^ fZnf\dhf gf [pB]:êdA D Gi]kq^ [] gfimfteef Zpmq 3e]imfBf:^6 @mfZp e^ fmim]mq fm [B^hêd K if:]cêdA ic^\j^m bfeim]md Bf[]mq @mf f@êq hef_d^ g^\]_f_d hj`pb]emp jgfBef \^B:]mit `] mB] \dldfeep^ B]hbd jBfb] hj`pbd gB^[B]md[;^_fit [ ibj@ef^ Bjmde ef^ gf[mfBêd^ f\ef_f d mf_f :^ h]m^Bd]c] f\edn d m^n :^ gBd^hf[ `]Zp[]t f mfh @mf jBfb dibjiim[] gB^\fim][ct^m f_Bfhep^ [f`hf: efimd \ct [fgcfrêdt i]hpn e^[^ Bftmepn gBf^bmf[ bfmfBp^ igfifZ ep [f[c^@q e^ mfcqbf j@êdbf[ ef d i]hf_f j@dm^ct [ j\d[dm^cqef^ 3Bf h]emd@îbf^ gBdbcA@êd^6 G S]a mn^\ bfmfBph t[ct^mit gBflîi m[fB@îbf_f gfdib] m[fB@îbfa d_ Bp b]b i[fZf\ef_f gBft[cêdt \jn] if`d\]edt G B]`[^ e^ [ smfh `]bcA @]^mit ijrefimq gBfkîidd Ef hef_dn diic^\f[]edtn ]e]cd `dBj^mit gBfZc^h] hj`pb]cqef_f fZB]`f[]edt d [figdm]edt \^mâ dn \jnf[ef_f im]ef[cêdt Ymf igB] [^\cd[f [^\q [f dht smf_f d ijrî m[j^m gBfkîidt g^\]_f_] hj`pb]e m] Nf []:ef gBd smfh e^ `]Zp[]mq d f i]hfh g^\]_f_^ hj`pb]em^ Efi gdm]eepa [ B]hb]n imBf_dn de imBjblda ihdBd[;dait i m^h @mf e^cq`t ip_B]mq cj@;^ @^h R >dn m^B dcd ig^mq cj@;^ @^h P Ffhde _f @mf ed [ bf^h icj@]^ e^cq`t gf `[fctmq j@êdb]h j[c^b]mqit Bfb hj`pbfa \:]`fh j:^ b i@]imqA hf:ef jZ^:\êepa [ idcj gfcj @êef_f ^[BfgflêmBdimibf_f fZB] `f[]edt @mf e^ imfdm icd;bfh j[c^b]mqit hj`pbfa Efimfb] fe] [i^ B][ef e^ gfetme] \ct icjn] ^[ Bfgâl] d m \ g^\]_f_ hj`pb]em e]@de]^m ]bbjB]mef digfcetmq mB^ Zf[]edt mfa dcd defa gBf_B]hhp ^r^ B]` gf\@^Bbe^h @mf gBf_B]h h] hf:^m Zpmq `]h^@]m^cqefa ] gf[mfBd[ f\ef d mf :^ \îtmbd B]` fe e^d`Z^:ef digpm]^m gfcef^ B]`

f@]Bf[]ed^ [ gBfkîidd :^c]ed^ ^^ ihêdmq ] gBd e^[f`hf:efimd 4 frjrêd^ i^Zt e^j\]@edbfh 3h] cêqbdh @^cf[^bfh6 bfmfBfhj e^ \]ef 3c^m]mq6 ] gB^\e]@^Bm]ef mfcqbf 3gfc`]mq6 G smf j:^ b]m]im Bfk] M e^ mfcqbf gBfkîidfe]cq e]t ef d cd@efime]t 1 7FI7 @ =>E=@=6? 46 >?7 @? <? 7>=7 4 g^\]_f_ hj`pb]em Ymf jedb]cqe]t jed[^Bi]cqe]t m[fB @îb]t gBfkîidt gf`[fctAr]t i^ _f\et fmbBp[]mq ef[f^ nj\f:îm[ê ef^ gBfimB]eim[f ][mfBibda nj\f :îm[êepa hdB ]Bndm^bmfBfh d imBfdm^c^h bfmfBfh t[ct^mit g^\] _f_ d ^_f 3bfh]e\]6 ^_f j@êdbd F] e^cq`t ip_B]mq cj@;^ @^h R >dn m^B ef hf:ef ip_B]mq de]@^ m]b @mfZp \j;d j@êdbf[ fmbBpcdiq e][imB^@j dn j@dm^cA Qf:ef d ej:ef icj;]mq mf @mf icj;]Am m[fd j@êdbd gfmfhj @mf e^cq`t fmBdl]mq mf @^_f e^ è]^;q Nj:ef j@dmq dn d j@dmqit i]hfhj fmcd @]mq gf\cdeef m]c]emcd[p^ if@de^ edt [ b]bfh Zp imdc^ d :]eB^ fed ed Zpcd Zp e]gdi]ep fm \^;^[pn gf\\^cfb Kfe^@ef c^_@^ gB^\im][ ctmq \^mth [i^hd gBdè]eep^ fZ B]`lp gfibfcqbj mf_\] mp _]B]emd Bf[]e fm f;dZbd E^\q gf ijrîm [jArâ \f_h^ j@dm^cq e^ \fc:ê f;dZ]mqit de]@^ fe e^ \fZq^mit j[]:êdt j i[fdn j@êdbf[ G m]b cd smf M hf:^m Zpmq [ igfB^ bfmf Bpa [fèdbe^m gBd gBficj;d[]edd dcd digfceêdd hj`pbd ^r^ e^ gf cj@d[;â 3è]b] b]@îm[] gBdij: \]^hf_f [B^hê^h Bf\dmit dimde] G i]hf^ _c][ef^ [fèdbe^m \d]cf_ [ bfmfBfh ej:\]Amit e^ mfcqbf j@êdbd ] [ e^hêq;â im^gêd d i]h j@dm^cq E smfh `]bcA@ê smfi hj`pb]cq ef g^\]_f_d@îbf_f gBfimB]eim[] imBftrdait e] 7F47 F?A @?<? 7 >== Z]`dBjAr^hit e] [pib]`p[] edd F K]Z]c^[ibf_f if_c]ief bfmf Bfhj fief[e]t l^cq hj`pb]cqef_f fZB]`f[]edt d [figdm]edt 4 smf 3e^ imfcqbf fZj@êd^ hj`pb^ i]hf gf i^Z^ ibfcqbf [f`\âim[d^ @^B^` hj `pbj e] [îq \jnf[epa hdB j@]rdn it gB^:\^ [i^_f e] dn eB][im[ê efimq6 i M îcd if_c]idmqit i [^cdbdh gfsmfh WW [^b] M DBf\ ibdh jm[^B:\][;dh @mf sim^mdb] 4 smf h]mq smdbd mf `]\]@] [p\[dej

m]t K]Z]c^[ibdh gB^\im][ct^mit B]`B^;dhfa mfcqbf [ mfh icj@]^ îcd jBfb hj`pbd [i^_\] Zpc d Zj \^m jBfbfh dibjiim[] R \B^[edn [B^hê d`[îmef @mf f_feq [ f@]_^ ic^\j^m gfimfteef d e^jbcfeef gf\\^B:d[]mq gf\bc] \p[]t gfcêqt @mfZp e^f:d\]eepa gfBp[ [^mB] e^ `]\jc ^_f e^ cd;dc i[^m] d m^gc] P^\]_f_ hj`pb]em [pimjg]^m nB]edm^c^h f@]_] gc]ht bfmfBf_f gf [pB]:êdA E L]e\f[ ibfa e] gBfmt:êdd [^bf[ mB^g^mef d e^:ef fZf_B^[]^m @^cf[^@îbd^

\j;d e^ \][]t dh 3`]@^Bim[^mq6 [ hdB^ _\^ _figf\im[j^m m^ned@îbda gBf_Bîi _\^ \jnf[e]t ijrefimq @^cf[^b] @]imf fmimjg]^m gf\ e]gf Bfh gfimfteef if[^B;êim[jArdn it h];de M îcd g^\]_f_ hj`pb]em i^_f\et fZB^m^m gB][f e] if`d\]ed^ ifZim[êef_f ][mfBibf_f hj`pb]cq ef g^\]_f_d@îbf_f hdBf`\]edt mf f_feq [ f@]_^ e^ gf_]ie^m edbf_\] Mhêef smf d gB^\im][ct^mit i^_f\ et []:eâ;â `]\]@â d hj`pb]cq ef g^\]_f_d@îbfa e]jbd d hj`p b]cqef g^\]_f_d@îbfa gB]bmdbd

>XaR3Qa^3Q %C 74= , . Tdcfifkdt @^cf [^b] C Q

Qj`pb]cqef^ [figdm]ed^ [ if [B^hêefh hdB^ Q]m^Bd]cp bfe k^Bêldd Q^:\je]Bf\ef_f fZrîm [] gf hj`pb]cqefhj [figdm]edA MRQH Q *68=3=> E^@e]t hj`pb] Q

+ <?4 % FB^[f hj`pbd RPZ

.?<?>=> * '686> - . Kjcq mjBfcf_dt Q

B 0 ? :> 8 + 9 @ ? 9 = 08 ; : A 6 A 0 E

$ % $) ''"" % %$ + ! +' $ &( - !.#$ $! 11424984 1 ; :=4<<8 >QS^aXY 8 ? MaZa \QaR3XQW [3RPX]WZOXR V \RaZPX1R]VZ\^ [Z]ZNX2 %A [3Z_R]]XX [3R[ZPQOQ aRWh PRa]VZU \^TdVQWeYZU -VZWd( QP3R]ZOQY aR\ VaZ SZaZOXa]h V [3Z_R]]XX [3R [ZPQOQaRWh \^TdVQWeYZU -VZWd XWX ^,R YQ1QW ^1XaRWe]aOZOQae ;Q [Z]WRPYRR O3R \h \YZSZR XT\RYXWZ]e O [3ZXTOZP]aORYYZU ,XTYX ^1RNYdb TQORPRYXU ^]WZOXhb 3Q NZad [RPQSZSX1R]VXb VZWWRVaXOZO 7Q X -VZWeYXVX VZY`Q ORVQ ]ZO]R\ XYdR PRaX @R YQ]aQWQ WX [Z3Q OR3Y^ae]h V 3QT\d-WRYXh\ Z YQ-RU [3Z_R]]XX 7Z]aX,RYXh ZaR1R]aORYYZU \^TdVQWeYZU [RPQSZSXVX YR PQ2a Z]YZOQYXU PWh ^][ZVZRYXh BZ[d aQR\]h ,R [ZX]VQae [3X1XYd gaZSZ X [3R,PR O]RSZ O ]Q\Xb W2Phb ' [3R[ZPQOQaR Whb Xb [3Z_R]]XZYQWeYZU [ZPSZaZOVR V^Wea^3R \Q]aR3]aOR %6]R WX TPR]e NWQSZ[Z W^1YZ XWX R]ae YQP 1R\ TQP^\Qae]h ( ' aQV 3QT\d-WhRa QOaZ3 [3R[ZPQOQaRWe 8VQ PR\X1R]VZSZ \^TdVQWeYZSZ ^1XWXfQ [3X CZ]VZO]VZU SZ]^PQ3]aORYYZU VZY]R3OQaZ 3XX X\ B ? 4QUVZO]VZSZ

gBflîi^ gf\_fmf[bd b g^\] _f_d@îbfa B]Zfm^ [ hj`p b]cqefa ;bfc^ Zj\jrd^ gB^ gf\][]m^cd \fc:ep fi[fdmq e^ mfcq bf h]m^Bd]c d h^mf\dbj 3i[f^_f6 gB^\h^m] ef d gfè]bfhdmqit i \fi m]mf@ef ;dBfbdh bBj_fh [fgBfif[ B]ibBp[]Ardn gBfd`[f\im[êejA \^tm^cqefimq j@^Zef_f `][^\êdt [f [iâ ^^ hef_f_B]eefimd Ymf e^fZnf \dhf \ct mf_f @mfZp [fa\t [ ;bfcj hfcf\fa gB^gf\][]m^cq ihf_ c^_bf ]\]gmdBf[]mqit [ ef[pn jicf[dtn d

gfedh]mq [i^ gBfdinf\tr^^ [fbBj_ e^_f Je]ed^ 3h^n]ed`h]6 ;bfcqefa :dèd gfhf:^m ibfB^^ e]amd i[f^ hîmf [ bfcc^bmd[^ d`Z^:]mq fZd\ epn e^\fB]`jhêda jig^;e^^ B]Zf m]mq [ bc]ii^ Ymfa l^cd icj:dm j@^Zepa bjBi 3Oief[p g^\]_f_dbd hj`pb]cqefa ;bfcp6 bfelêmBdBj Arda m^ imfBfep fZrâ g^\]_f_dbd bfmfBp^ gBdcf:dhp b hj`pb]cqef g^\]_f_d@îbfhj gBflîij [ ^_f e] @]cqefh `[ê^ Pfcf:êdt \d\]bmd bd b]b m^fBdd fZj@êdt ikfBhdBf[]

cdiq [ jicf[dtn fZrâ ;bfcp i ^^ bc]iief jBf@efa idim^hfa d gfmfhj e^ hf_jm Zpmq h^n]ed@îbd g^Bê^ iêp [ ;bfcj hj`pb]cqejA _\^ if [i^h de]t fB_]ed`]ldt j@^Zef_f gBflîi] J]bfefh^Befimd hj`p b]cqef_f [figdm]edt d fZj@êdt fZ fief[p[]Am 3i[fA6 \d\]bmdbj bfmf B]t fZB]r]tiq b mB]\dldfeeph \ct g^\]_f_dbd 3m^h]h6 e]gfcet^m dn if\^B:]ed^h fm[^@]Ardh [ gfcefa h^B^ ig^ldkdb^ hj`pb]cqef g^\]_f _d@îbf_f gBflîi] Zj\q mf l^cd d

`]\]@d fZj@êdt dcd ^_f `]bfefh^B efimd if\^B:]ed^ fZB]`f[]edt dcd fB_]ed`]ldfeep^ kfBhp h^mf\p d iB^\im[] digfcq`j^hp^ [ hj`pb]cq efa ;bfc^ 3P^\]_f_db] FQ96 if \^B:dm d 3i[f^6 ;bfcf[^\êd^ Nf [ cAZfh j@^Zedb^ g^\]_f_dbd fm\^cqe]t _c][] [i^_\] gfi[tr]^mit bcA@^[fa kd_jB^ fZB]`f[]m^cqef_f gBflîi] 4 j@dm^cA Ep\^cdh d hp d` bjBi] g^\]_f_dbd FQ9 smj 3_c] [j6 gfi[tmd[ i]hfimftm^cqef^ di ic^\f[]ed^ fZB]`j j@dm^ct e]im][ edb] im]mji bfmfBf_f [ jicf[dtn _figf\im[] de\d[d\j]cqepn kfBh fZj@êdt fifZêef [îfh PB^gf\] []m^cq hj`pb]cqefa ;bfcp 4 ifld ]cqef è]@dh]t gBfkîidt fbB] ;êe]t i[faim[]hd ^_f cd@efimd d \pn]ed^h hj`pbd [f;^\;â i \^m ibdn c^m [ hdB Zj\jr^_f j@dm^ct PBdedh]t [f [edh]ed^ @mf b]:\]t cd@efimq de\d[d\j]cqef e^gf[mfBd h] b]b d e^m \[jn f\de]bf[f B]Zfm] Ardn gB^gf\][]m^câ [imjg]Ar^ hj [ smj gBfkîidA m^h e^ hê^^ ic^\j^m dh^mq f eâ \fim]mf@ef gfc ef^ gB^\im][cêd^ M` @^_f :^ fef \fc:ef icf:dmq it Ef g^B[pn d` mB^Zf[]eda bfmf Bp^ gB^\ot[ctAmit b cd@efimd d gBfkîidfe]cd`hj gB^gf\][]m^ct M [f [mfBpn d` gfedh]edt `]bfef h^Befimâ g^\]_f_d@îbfa \^tm^cq efimd bfmfBp^ â i[faim[êep d ij rîm[jAm fZo^bmd[ef b]b d [ cA Zfa \Bj_fa [ mfh @dic^ m[fB@îbfa \^tm^cqefimd VB^Zf[]edt b cd@efi md d gBfkîidfe]cd`hj gB^gf\][] m^ct b]b d `]bfefh^Befimd g^\]_f _d@îbfa \^tm^cqefimd [pt[cêp [ fgpm^ cj@;dn j@dm^câ hef_dn gf bfcêda Oed fZfZrêp [ g^\]_f_d @îbfa e]jb^ d d`cf:êp [ j@^Zepn d h^mf\d@îbdn gfifZdtn nfmt d e^ fim]Amit e^d`hêephd P^\]_f_d @îb]t \^tm^cqefimq e^ dh^^m jim] ef[cêepn _B]edl d imBf_dn gB] [dc R[fZf\] gBft[cêdt [ eâ cd@ efimd \^c]^m smj \^tm^cqefimq m[fB @îbfa 4 g^\]_f_d@îbjA B]Zfmj e^cq`t [pgfcetmq ed h^n]ed@îbd ed B][ef\j;ef d e^ icj@]aef ^^ iB][ed[]Am i ]Bmdimd@îbfa WfBf

;da jBfb G Rfc:êdlpe iB][edc i nj\f:îm[êeph gBfd`[^\êd^h Nf @mfZp jBfb [findr]c b]b nj\f:îm [êef^ gBfd`[^\êd^ ^_f 3][mfB6 \fc:ê fZc]\]mq m]c]emfh bjcqmj Bfa è]edthd h]im^Bim[fh e]bf e^l Zpmq fm[^mim[êeph `] i[fa mBj\ d ^_f B^`jcqm]mp Nf 3d\^]cq epn6 j@dm^câ e^ @]imf [imB^md;q M gBd@de mfhj e^h]cf Ic][e]t :^ 4 [i^ gf[p;]Ardît mB^Zf[]edt b cd@efimd j@dm^ct d \^kdldm tBbdn cd@efimâ [ imfcq h]iif[fa gBfkî idd b]b j@dm^cqib]t R\^c]^h [p[f\ h]iif[pa j@dm^cq ^r^ \]c^b fm mf_f gB^\im][cêdt b] bf^ icf:dcfiq f e^h [ m^fBdd g^\] _f_dbd gf\bB^gcêefa fZB]`lf[p hd gBdh^B]hd smf b]i]^mit b]b fZ râ m]b d hj`pb]cqefa ;bfcp Ei^ smf fmefidmit d b gB^gf\][]m^cA hj `pbd [e^ `][didhfimd fm mf_f @^hj fe j@dm d_B^ gêdA \dBd:dBf[] edA if@deêdA dcd d`j@êdA hj `pbd @mf gB^gf\]^m ifcqk^\:df m^fBdA hj`pbd hj`pb]cqejA cdm^ B]mjBj M [i^ :^ \^tm^cqefimq gB^ gf\][]m^ct hj`pb]em] fZc]\]^m i[f dhd ig^ldkd@îbdhd @^Bm]hd @mf fgB^\^ct^mit b]b i]hfa hj`pbfa [pimjg]Arâ [ fZB]`f[]m^cqefh gBflîi^ d b]b fZo^bm d`j@êdt d fi[fêdt d b]b iB^\im[f [figdm] edt m]b d fifZêefimthd gBflîi] gf fi[fêdA igfifZf[ hj`pb]cqefa \^tm^cqefimd PB^:\^ @^h gBdimjgdmq b B]iihfm BêdA mB^Zf[]eda bfmfBph \fc:ê fm[^@]mq g^\]_f_ hj`pb]em d n]B]b m^Bdimdb^ i]hfa cd@efimd gB^gf\] []m^ct e^hef_f f gBf;cfh gBfkî idd j@dm^ct hj`pbd d ^^ s[fcAldd B3Z-WZR X YQ]aZhfRR [3Z_R]]XX [3R[ZPQOQaRWh \^TdVX R[f^ e]@]cf gBfkîidt j@dm^ct hj`pbd [^\^m d` ]emd@ef_f hdB] Qj `pb^ d gêdA j@dcd [ FB^[eâ IB^ ldd e]Bt\j i @mêd^h gdiqhfh i@^ mfh _dhe]imdbfa d [fêeph \^cfh 3Kdk]Bp `[jb h^@j e^ im]e^m jimj g]mq6 Pde\]B [^b \f e s Eigfhedh d Q]tbf[ibf_f 3< nf@j @mfZ b ;mpbj gBdB][etcd g^Bf 6 E

\]cqeâ;^h j:^ [ nBdimd]eibfh hdB^ bf_\] hj`pb] [f;c] [ l^Bbf[ epa fZdnf\ d im]ef[dc]iq d` [^b] [ [^b [i^ Zfc^^ icf:efa mB^Zf[]cfiq ig^ld]cqef^ fZj@êd^ @mfZp f[c] \^mq b]efe]hd dhgBf[d`]ldd d bfh gf`dldd Vf_f :^ mB^Zf[]cf d i[^m ibf^ hj`dldBf[]ed^ N^h]cf d`[îm ef f g^\]_f_d@îbfa \^tm^cqefimd M R D]n] d ^^ B^`jcqm]m]n e]gBd h^B [ g^\]_f_d@îbdn if@deêdtn bfmfBpa [ i^hq^ Zpc e^kfBh]cqeph j@dm^c^h ] [ Vfh]ibdBn^ 4 gf \fc: efimd b]emfB P^\]_f_dbfa `]edh] cdiq hef_d^ d`[îmep^ hj`pb]emp b]b digfcedm^cd m]b d bfhgf`dmfBp O\ed [d\^cd [ eâ B^]cd`]ldA i[fdn gBfkîidfe]cqepn [f`hf:efimâ d dem^Bîf[ \ct \Bj_dn fe] Zpc] fi ef[eph dimf@edbfh h]m^Bd]cqef_f Zc]_fgfcj@dt Kfhj mf d` edn g^\] _f_db] gBdefidc] B]\fimq d j\f[c^m [fBêd^ depn :^ fm[c^b]c] fm fi ef[ef_f m[fB@îbf_f \^c] @mf nfBf ;f d`[îmef d` :dè^fgdi]eda d` [îmepn hj`pb]emf[ Mem^Bîep^ g^\]_f_d@îbd^ d\^d gBde]\c^:]m D^mnf[êj d Icdeb^ D] c]bdB^[j d D]Bmfbj hef_dh \Bj_dh hj`pb]em]h fim][d[;dh `]h^mepa ic^\ [ bfhgf`dldd dcd dem^BgB^m] ldd E >fiidd g^\]_f_d@îbfa \^ tm^cqefimqA `]edh]cdiq [p\]Ard ît bfhgf`dmfBp d digfcedm^cd ZB] mqt Gemfe d Ndbfc]a >jZde;mâep P C]abf[ibda d N >dhibda KfBi] bf[ G Ic]`jef[ d R V]e^^[ K F][p \f[ d G Hidgf[] N Qtibf[ibda d F 9fim]bf[d@ L OZfBde d F Oa imB]n P^\]_f_db] i\^c]c] [i^hdBef d`[îmephd dhê] L GjsB] d >f`dep L^[defa I Nâ_]j`] d ? <eb^c^[d @] P RmfctBibf_f d G GBmfZfc^[ ibfa Ef [mfBfa gfcf[de^ [^b] bf_\] bfem]bmp h^:\j hj`pb]em]hd B]èpn imB]e im]cd gf[i^\e^[eph t[cêd^h [fèdbc] d ef[]t kfBh] hj`pb]cqefa g^\]_f_dbd 4 h]im^B bc]iip H\[] cd e^ [i^ bBjgeâ;d^ digfcedm^ct e]nf\tm [B^ht gBf[îmd i[fa h]im^B bc]ii P^\]_f_d@îbfa \^tm^cqefimqA `]edh]Amit d hj`p bf[^\p @]imf if@^m]t ^^ i e]j@efa dcd :jBe]cdimbfa B]Zfmfa

>^`jcqm]mp g^\]_f_d@îbf_f mBj\] fmimftm \]c^bf fm gBdcf:êdt jidcda gB^gf\][]m^ct d gfmfhj g^\]_f_d@îbda mBj\ [ fm cd@d^ fm hef_dn \Bj_dn ^_f [d\f[ e]`p[]Am mBj\fh \]cqe^_f \âim[dt S > >f:\îm[êibf_f 3S@dm^cq 4 gBfkîidt \]cqe^ _f \âim[dt _c][e]t e] `^hc^6

E >fiidd [ B]`cd@epn j@^Zepn `][^\êdtn hdccdfef[ cA\â `]edh]Amit gB^gf\][]ed^h d [figdm]ed^h \^mâ d hfcf\^:d S@dm^câ hj`pbd d gfs`dd [ FB^[eâ IB^ldd dhêf[]cd bdk]B^\]hd

OZ fgpm^ d i]hfa h^mf\fcf_dd fZ j@êdt d_B^ e] kfBm^gd]ef d \Bj_dn hj`pb]cqepn deimBjhêm]n hf:ef ij\dmq gf ;bfc]h deimBjhêm]cqefa d_Bp j@^Zeph d h^mf\d@îbdh gf ifZdth gBfd`[^\êdth g^\]_f_d@î bf_f B^g^Bmj]B] bfmfBp^ if`\]cd d` [îmep^ [ i[f^ [B^ht hj`pb]emp di gfcedm^cd d g^\]_f_d h^mf\dimp Mep^ d` dn mBj\f[ im]cd 3e]imfcq ephd bed_]hd6 Zj\jrdn hj`pb]e mf[ b]b e]gBdh^B smA\p \ct kfB m^gd]ef K C^Bed if`\]eep^ ^r^ [ i^B^\de^ gBf;cf_f [^b] M` gBd[^\êef_f g^B^@et nfBf;f d`[îmepn dhê hf:ef `]bcA@dmq e]ibfcqbf g^\]_f_d@îb]t d m[fB@î b]t \^tm^cqefimq hj`pb]emf[ di gfcedm^cqib]t bfhgf`dmfBib]t e] j@e]t [`]dhfi[t`]ep Ymf `]cf:êf [ i]hfa gBdBf\^ hj`pb]cqef_f fZB] `f[]edt fi[fêd^ digfcedm^cqibdn d fZr^hj`pb]cqepn \dildgcde if` \]^m fief[j d \ct Zj\jrâ g^\]_f_d @îbfa B]Zfmp R[t`q g^\]_f_dbd i digfcedm^cqibfa bjcqmjBfa nfBf;f gBfic^:d[]^mit d e] hef_f@dicê epn bfebjBi]n bfmfBp^ gBf[f\tmit iB^\d digfcedm^câ e] [i^n hj`p b]cqepn deimBjhêm]n KfebjBiep^ ifB^[ef[]edt hj`pb]emf[ \^hfeim BdBjAm \fimd:êdt g^\]_f_d@îbdn ;bfc \^c]Am ;dBfbf d`[îmephd dhê] g^\]_f_f[ if\âim[jAm fZh^ ej g^\]_f_d@îbdhd d\^thd d gB]b md@îbdh fgpmfh Cmf :^ n]B]bm^Bd`j^m hj`pb]cqef g^\]_f_d@îbjA gBfkîidA [ e];^ [B^ht ] ^^ ;dBfbf^ B]igBfimB]eêd^ mfcqbf [ FQ9 Qfib[p B]Zfm]^m ;îmq mpit@ gB^gf\][]m^câ ] [i^_f [ >fiidd fZj@]Am m[fB@îbjA hfcf \^:q Zfc^^

mpit@ @^cf[^b Z B]i;dBêd^ ^^ kjeblda fed e^ f_B]ed@d[]Amit fZj@êd^h d_B^ g^ edA d hj`pb]cqefa _B]hfm^ b]b gB^:\^ [ jidcêd^ ifld]cqefa e]gB][ cêefimd @mf i[t`]ef i [pgfceêd ^h gB^gf\][]m^cthd [figdm]m^cq epn kjeblda d e^fZnf\dhfimqA gBfmd[fimftmq ]_Bîidd 3]emdhj`p bd6 m]b b]b ijrîm[jAr]t `[jbf[]t iB^\] 4 k]bmfB `]mBj\etArda hj `pb]cqef g^\]_f_d@îbjA \^tm^cq efimq _ fZB^mêd^ e]j@efa fief[p [f gBfip hj`pb]cqefa g^\]_f_dbd im]

cd gB^\h^mfh diic^\f[]eda d m^fB^ md@îbf_f fZfZrêdt \ \dkk^Bêld]ldt gf e]gB][c^ edth hj`pb]cqef^ [figdm]ed^ [ fZ râ ;bfc^ e]@]cqef^ hj`pb]cqef^ fZB]`f[]ed^ gBfkîidfe]cqef^ hj `pb]cqef^ fZB]`f[]ed^ ^ ig^ld]cqe]t gf\_fmf[b] b g^\] _f_d@îbfa B]Zfm^ i gBdi[fêd^h if fm[^mim[jArâ b[]cdkdb]ldd j@d m^cq gB^gf\][]m^cq E b]@îm[^ [p[f\] hf:ef `]bcA @dmq hj`pb]cqef g^\]_f_d@îb]t

gBfkîidt im]ef[dmit [i^ Zfc^^ icf:efa d fm[^mim[êefa m]b b]b hef_ffZB]è^^ d icf:e^^ im]ef[tmit `]\]@d [figdm]edt d fZj@êdt Kmf :^ hf:^m im]mq gB^gf\][]m^ c^h hj`pbd N][^Bef^ b]:\pa fZ B]`f[]eepa d bjcqmjBepa hj`pb]em gfcj@d[;da gf\_fmf[bj b g^\]_f_d @îbfa B]Zfm^ gBft[ctArda b eâ dem^Bî d `]dem^Bîf[]eefimq [ ^^ B^`jcqm]m]n gfimfteef if[^B;êim [jArda i[fA g^\]_f_d@îbjA bjcq mjBj d h]im^Bim[f

D69H>A< B8C.H? 8 ? >8:EH?@8 D74 6<L 8?56 >6 A 8?5C =9>= B;? ?@?BF= >? B;?> 6<BL " #& 4H56 J=:BL AC9H;6? ?3J7BF47> >H: 57LF7? A7F?5= 7B;?: 63?F7 #;657A= 7B;?8? AC9H;6?8? C =<=J6 @ = -?B;?4B;?: 8?BC 56 BF47>>?: ;?>B7 46F? == N^ im]cf Gc^bi]e\B] M[]ef[d@] Pd ;j d e^ [^BA @mf e^ j[d:j Zfcq;^ smf _f imBf_f_f hj\Bf_f d f@êq \fZBf_f @^ cf[^b] C^cf[^b] im][;^_f f\edh d` idh[fcf[ e];^_f j@dcdr] Eg^B[p^ t [imB^mdcit i Gc^bi]e\Bfh M[]ef[d@^h [ _f\j e] jBfb]n hj`p b]cqefa cdm^B]mjBp [ bc]ii^ ;bfcp KB]id[pa sc^_]emepa mr]m^cqef gf\ ZdB]Arda icf[] fZB^m]Ard^ mf@ep^ @^b]eep^ kfBhjcdBf[bd 4 b]b Zc]_f Bf\ef d_B]c fe e] Bftc^ J] [i^h smdh imftc] [^cdbfc^ge]t ;bfc] d [^cdb]t mB]\dldt Ndbf_\] e^ `]Zj\j b]b fe gB^\im][dc e]h ;bfcqedb]h [fb]cqef idhkfed@îbjA gfshj 9fim]bf[d@] 3K]èq Rm^g]e] >]`de]6 Ymf d nj\f:îm[êef^ gfmBti^ ed^ d jBfb Efm m]b e]\f mB]bmf[]mq hj`pbj Pf`\e^^ he^ gfi@]imcd[dcfiq B]Zfm]mq i Gc^bi]e\Bfh M[]ef[d@^h Dfb f Zfb Zfc^^ c^m Ogpmeâ;da h^mf\dim ][mfB j@^Zedbf[ gBf _B]hh gfifZda eîbfcqbdn gfbfcêda j@^Zepn gc]ef[ bfmfBphd gfcq`f[]cdiq [ m^@êd^ \îtmbf[ c^m [ Zp[;^h RRR> im][;dn fief [fa iffm[^mim[jArdn Bfiidaibdn \fbjhêmf[ smfm [e^;e^ `]bBpmpa @^cf[^b 4 Zpc imB]imeph kjmZfcqeph Zfc^cqrdbfh M imB]imeph cAZdm^c^h hj`pbd b]@îm[f e^[^\fhf^ deph gBfkîidfe]c]h Oe hf_ mfBfgdmqit [ ifmpa B]` gficj;]mq 3Fd]Z^ccd []Bd]ldd6 D^mnf[^ e] G b]b fe @dm]c kB]_hêmp [îêeâ ib]`bd OimBf[ibf_f 3Re^_j Bf@b]6 K]b fe [findr]cit bB]ifmfa d hj\BfimqA smf_f if@deêdt Oe gBd;^c [ smfm hdB e]b]eje^ [îep d j;^c d` e^_f mf_\] :^ Oe jeî i[fA m]aej i[fa fZB]` @^cf[^b] ifnB]ed[;^_f g^B[fl[^mp [ i[fâ \j;^ eîhfmBt e] ijBf[pa bcdh]m sgfnd G ^r^ fe f@êq cA Zdc \^mâ M ig^;dc e] jBfb b edh M e]i e]j@dc smfhj 6 B 7R\XPZO \dB^bmfB bfcc^\:]

@ A H @ 8 . 5 ? 5 > ? A H 9 = 8

>9:=?9 680?8G?? HA==8H8 7 =QNQWRO]VXU DZ1 /

0 :WXg3 DZ1 #! ! $#!""! @ R ] W X - VZ\ N d ] a 3 Z

0 :WXg3 DZ1 /

$ $! "' (''+ &$! "+. - '!$ $ B3R[ZPQOQaRWX X 3^VZOZPXaRWX 7C+ 7I+ 7+? CZ]VZO]VZU ZNWQ]aX O PRVQN 3R

S O]a3RaXWX]e YQ VZY_R3RY`XX O C^TdVQWeYZ\ V^Wea^3YZ ZN3QTZOQaRWeYZ\ `RYa3R X\ 7 5 =QNQWRO]VZSZ 6 ]aQaeR YR aZWeVZ Xb \d]WX NRPd X 1QhYXh YZ X VZY V3RaYdR [3RPWZ,RYXh VZaZ3dR O[ZWYR \ZSWX Nd Ndae TQV3R[WRYd PZV^\RYaQWeYZ 4aZ \Z,YZ ]PRWQae 1aZNd Ndae ^]Wd-QYYd\X

ZB]`f[]ed^ [ ;dBfbfh ihpic^ smf_f icf[] 4 fZo^\deêd^ [i^n kfBh Z]`f[f_f d \fgfcedm^cqef_f fZ B]`f[]edt mf îmq [ d\^]c^ if _c]if[]ee]t if[hîme]t B]Zfm] fZr^fZB]`f[]m^cqefa ;bfcp d fZB]`f[]m^cqepn j@B^:\êda \fgfcedm^cqef_f fZB]`f[]edt d \^mibdn hj`pb]cqepn nj\f:^ im[êepn nfB^f_B]kd@îbdn ;bfc \^mibdn ;bfc dibjiim[ [ mfh @dic^ M \ct mf_f @mfZp @^ _f mf \fZdmqit \âim[dm^cqef B^;]mq gBfZc^hp imftrd^ i^ _f\et g^B^\ fZrîm[fh [pgfc etmq ifld]cqep^ gBf_B]hhp \ct mf_f @mfZp d\md [g^B^\ ] e^ e]`]\ e]h [i^h e]\f @^mbf gfedh]mq @mf ;bfc] e^`][did hf fm ^^ gBfkdct [ g^B[jA f@^ B^\q ;bfc] ] j@dm^cq 4 [i^_\] j@dm^cq @mf Zp fe ed gB^gf\] []c M Z^\p j e]i fZrd^ d gBf Zc^hp d B]\fimd K _cjZf@]a;^hj if:]cêdA gfimg^BîmBf^@epa g^Bdf\ fb] `]cit fmh^@ê bf [i^hj gBf@^hj ^r^ d Bfimfh ]_Bîidd d :îmf bfimd [ \^mibfa d gf\Bfimbf[fa iB^\^ d iffm[^mim[êef smfhj fZimftm^cqim[j 4 d gBîmjgefi md Qf:ef d e][^Bef^ igB][^\ cd[f fZ[detmq if[B^hêep^ iB^\im[] h]iif[fa dekfBh]ldd [ @B^`h^Befh j[c^@êdd gfb]`] hd ilê e]idcdt Zf^[db]hd B]` ef_f Bf\] Bfh]emd`]ldâ gB^ imjgef_f hdB] 3B]ibBjmbfa6 B]èf_f Bf\] ed`bfgBfZepn gBf ^bmf[ ef [^\q igBfi Bf:\]^m gB^\cf:êd^ d g]\êd^ fZrâ

bjcqmjBp fZrîm[] 4 smf B^`jcq m]m 3hfe^md`]ldd6 [iâ idim^hp fZB]`f[]edt d [figdm]edt 9îmd\îtmp^ _f\p gBf;cf_f imfc^mdt fè]hêf[]cdiq [`c^ mfh B]`[dmdt \^mibf_f nj\f:îm [êef_f m[fB@îm[] N]Bt\j i j@^Zephd `][^\êdthd l^c^ e]gB][cêef _fmf[trdhd Zj\j rdn gBfkîidfe]cf[ [ fZc]imd dibjiim[] icf:dc]iq l^c]t ;d Bfbf B]`[^m[cêe]t i^mq ;bfc fZr^_f hj`pb]cqef_f nj\f:î m[êef_f nfB^f_B]kd@îbf_f fZr^_f sim^md@îbf_f fZB]`f[] edt nfBf[pn m^]mB]cqepn nj \f:îm[êepn imj\da d m \ gf `[fcd[;]t gBdfZrdmq b nj\f :îm[êefhj m[fB@îm[j i]hpa ;dBfbda bBj_ \^mâ d gf\Bfi mbf[ Wj\f:îm[êeph gBfi[^ rêd^h Aef;îm[] [i^Bq^` `] etcdiq i]hp^ [p\]Ardît jhp imB]ep PBf_B]hhp F D K]Z] c^[ibf_f gf hj`pb^ d D Q N^ hêibf_f gf d`fZB]`dm^cqefhj dibjiim[j \ct fZr^fZB]`f[] m^cqepn ;bfc [figdm]cd e^ f\ ef gfbfcêd^ igfifZim[f[]cd mfhj dem^cc^bmj]cqefhj B]`[d mdA e];^_f e]Bf\] bfmfBph hp gBd[pbcd _fB\dmqit R^_f\et j[p b]Bmde] eîbfcq bf de]t Qdedim^Bim[f bjcqmjBp >T [ idcj B]èpn gBd@de gB]bmd @îbd ZBfidcf i[fd ;bfcp e] gBfd`[fc ij\qZp OgB^\^cd[ hîmf FQ9 F9M FW9 iB^\d \fij_f[pn fZB]`f[]m^cqepn j@ B^:\êda fef fijrîm[ct^m [ fief[efh bfemBfcdBjArd^ kje bldd ]ZifcAmef e^ j@dmp[]t

ig^ldkdbj smdn j@^Zepn `][^\^ eda b]b [pgfcetArdn bfebB^m ep^ fZB]`f[]m^cqep^ kjebldd ] dhêef 4 fgB^\^cêepa _fij\]B im[êepa `]b]` e] gf\_fmf[bj b]\Bf[ \ct gBfkîidfe]cqepn j@^Zepn `][^\êda iB^\e^_f `[^ e] Rdmj]ldt defa B]` \fnf\dm \f ]ZijB\] bf_\] [ nf\^ ]mmîm]ldd F9M sbig^BmejA _Bjggj [f` _c][ct^m bmf j_f\ef mfcqbf e^ gBfkîidfe]c [ smfa fZc]imd d iffm[^mim[d^ if\^B:]edt B]Zfmp fZB]`f[]m^cqef_f j@B^:\êdt gBf_B]hheph mB^Zf[]edth fgB^ \^ct^mit e] jBf[e^ bfcd@îm[] imB]edl [ _f\f[fh gc]e^ dcd fZ r^_f bfcd@îm[] i]hpn B]èpn i[f\fb [pbc]\fb d m \ E dmf_^ jgB]`\eêd^ gB^\h^m] d` k^\^ B]cqef_f bfhgfeêm] Z]`dief_f gc]e] i@dm]^mit hê^^ ijrîm [êeph e^:^cd gfBt\fb bfhg c^bmf[]edt b]el^ctBibdn g]gfb >jbf[f\im[f \^tm^cqefimqA smdn j@^Zepn `][^\êda e] hîm]n fijrîm[ctAm hjedldg]cqep^ fB_]ep jgB][cêdt bjcqmjBfa [ ;m]m^ bfmfBpn `] B^\bdh dibcA @êd^h e^m ig^ld]cdimf[ [ fZ c]imd nj\f:îm[êef_f fZB]`f[] edt Olêb] \^tm^cqefimd fgB^ \^ct^mit gf m^h :^ bBdm^Bdth @mf d flêb] B]Zfmp \fij_f[pn j@B^:\êda \fhf[ d \[fBlf[ bjcqmjBp bcjZf[ d m g 4 gf bf cd@îm[j gBf[^\êepn h^BfgBd tmda @dicj j@]imedbf[ bfebjB if[ ihfmBf[ d kîmd[]câ Eit bf_f Bf\] bfebjBip d ihfmBp 4 smf gB^bB]ief ef e] jBf[êq fZ j@êdt fief[efa h]iip j@]rdn

it b if:]cêdA fed [cdtAm h] cf gfmfhj @mf j@]im[j^m [ edn gB]bmd@îbd f\e] d m] :^ [îqh] f_B]ed@êe]t _Bjgg] e]dZfc^^ igfifZepn d mBj\figfifZepn \^ mâ K mfhj :^ `]@]imjA [ i[t`d i e^fZnf\dhfimqA gfcj@dmq ^r^ f\de \dgcfh dcd _B]hfmj g^\]_f _d gB]bmd@îbd `]edh]Amit e^ gfic^\f[]m^cqeph kfBhdBf[] ed^h e^fZnf\dhpn è]eda d e] [pbf[ _]Bhfed@eph B]`[dmd^h B^Zêb] ] fmbBf[êeph e]m]ibd []ed^h Dfc^^ mf_f fief[e]t h]ii] bfebjBif[ efidm t[ef bfh h^B@îbda n]B]bm^B icj:dm fgB^\^cêefa kfBhfa `]B]Zfmb] K]b de]@^ B]ilêdmq fZt`]m^cq epa [èfi `] j@]imd^ [ gf\fZefh h^BfgBdtmdd S@B^\dm^c^h FQ9 F9M FW9 t[ct^mit ]\hdedimB]ldt hjedldg]cqepn fZB]`f[]eda V]bdh fZB]`fh e^ mfcqbf jBf [êq sbfefhd@îbf_f ifimftedt ef d gBfimf fmef;êd^ bfebB^m epn cA\â b bfebB^mefa ik^B^ \^tm^cqefimd fgB^\^ct^m i]hj [f`hf:efimq ijrîm[f[]edt j@^Zef_f `][^\êdt E Bt\^ icj @]^[ \ct mf_f @mfZp [p:dmq ;bfcp [pej:\êp gfimjg]mqit gBfkîidfe]cqephd mB^Zf[] edthd [ j_f\j [bji]h m^n bmf igfifZê fgc]@d[]mq fZj@êd^ i[fdn \^mâ m]b b]b b]bdn mf nfmt Zp gBdh^Bepn bBdm^Bd^[ B]`h^B] Bf\dm^cqibdn [èfif[ [ \]eepa hfhêm e^ ijrîm[j^m E dmf_^ ijhhp fgc]mp fZj@êdt mfcqbf [ f\efa Qfibf[ibfa fZ c]imd bfc^ZcAmit fm \f

BjZcâ [ hîtl OmiA\] d gfed :êd^ jBf[et mB^Zf[]eda d g]\êd^ b]@îm[] fZj@êdt \f jBf[et bBj:b] d hef_d^ \Bj_d^ e^_]md[ep^ t[cêdt ] i]hf^ _c][ef^ 4 f@^[d\ef^ ied:êd^ jBf[et bjcqmjBp [ fZrîm[^ [ l^cfh @mf gBft[ct^mit [f [i^n ik^B]n e];â :dèd d gBd[f \dm b [îqh] e^jm^;dm^cqeph B^`jcqm]m]h

PB^\im][ct^mit @mf e]dZfc^^ B^]cqeph [pnf\fh d` icf:d[ ;âit idmj]ldd hf_cf Zp Zpmq [[^\êd^ dem^_BdBf[]eefa idi m^hp fZj@êdt gf`[fctAr^^ fZo^\dedmq \^tm^cqefimq ;bfc B]èfa idim^hp gf\@deêdt R l^cqA if`\]edt e]dZfc^^ Zc]_fgBdtmepn jicf[da \ct gf cj@êdt \^mqhd nj\f:îm[êef _f fZB]`f[]edt gf if_c]if[]edA h^:\j fB_]e]hd fZB]`f[]edt d bjcqmjBp d` \^mâ fZj@]Ardnit [ F9M kfBhdBf[]mq fm\^cqepa bc]ii [ g]B]cc^cd d [ B]hb]n ^\def_f j@^Zef_f gc]e] gBf[f \dmq e] iffm[^mim[jAr^h jBf[e^ jBfbd hj`pbd d`fZB]`dm^cqef_f dibjiim[] Bdmhdbd d m \ Ymf gf `[fcdm d`Z^:]mq eêj:ef_f \jZ cdBf[]edt gB^\h^mf[ sim^md@î bf_f ldbc] J]etmdt dibjiim[fh 4 smf b]:\f\e^[epa l^cê]gB][ cêepa mBj\ d gfsmfhj dòtmd^ d` j@^Zef_f gc]e] m]bdn bc]iif[ jBfbf[ fZrîm[êef gfc^èf_f mBj\] i `]hêfa dn jBfb]hd gf ig^ld]cqeph \dildgcde]h Zj \^m e^ mfcqbf Z^`Zfc^èêeph ef d \]im è]@dm^cqejA sbfef hdA [B^hêd idc d iB^\im[ Df c^^ mf_f m]b]t idim^h] [`]dhf fmef;êda h^:\j j@^Zephd `] [^\êdthd Z]`f[f_f d \fgfced m^cqef_f fZB]`f[]edt fb]:^m Zc]_fgBdtmef^ [cdted^ e] ifld ]cqejA iB^\j [ l^cfh gf`[fcdm gBdfZrdmq b `]etmdth dibji im[fh Zfcq;^^ bfcd@îm[f \^mâ gf`[fcdm B]ldfe]cqe^^ digfcq `f[]mq h]m^Bd]cqejA Z]`j d sbf efhdmq kfe\ `]B]Zfmefa gc]mp

Ep\^cdmq iB^\d bfemde_ê m] j@]rdnit F9M gBfkdcqep^ _Bjggp \ct e]dZfc^^ g^Big^b md[epn [ gBfkîidfe]cqefh gc]e^ j@]rdnit d iffm[^mim[ê ef fmbfBB^bmdBf[]mq \ct edn j@^Zepa gc]e d if\^B:]ed^ j@^Zepn gBf_B]hh [ B]hb]n efB h]md[epn iB^\im[ Fct fim]cqepn j@]rdnit i j@^mfh dn dem^Bîf[ d [f`hf:

efimâ gBfd`[îmd ]\]gm]ldA Z]`f[f_f j@^Zef_f gc]e] d gB^\ h^mepn gBf_B]hh if ih^rêd^h ]blêmf[ [ imfBfej B]`[dmdt e] [pbf[ bfcc^bmd[ef_f hj`dldBf []edt ]bbfhg]e^hêm] nj\f :îm[êef_f gBfi[^rêdt d m \ N^ ied:]t jBf[et gBfkîidf e]cqef_f fZj@êdt [eîmd e^fZ nf\dhp^ d`hêêdt [ icf:d[ ;jAit idim^hj j@^m] jig^[]^ hfimd >]`B]Zfm]mq d [e^\Bdmq ig^ ld]cqep^ bB]mbfiBf@ep^ j@^Z ep^ gc]ep d gBf_B]hhp \ct gf\ Bfimbf[ B]ii@dm]eep^ e] mBd @^mpB^ _f\] fZj@êdt i j@^mfh [f`B]imefa gidnfcf_dd [f`B]im epn [f`hf:efimâ d dem^Bîf[ E[îmd idim^hj gffrBêdt j@]rdnit [ kfBh^ ied:êdt ijhhp Bf\dm^cqibdn [èfif[ d B]`B]Zfm]mq e] B^_dfe]cqefh jBf[e^ ^\dejA idim^hj B]i@^m] gc]mp `] fZj@êd^ i jim]ef[c^ ed^h ^^ h]bidhjh] d hdedhjh] gBd fZt`]m^cqefh j@^m^ b]m^_f Bdd gfcj@êefa ;bfcfa [ nf\^ ]mmîm]ldd d ]bbB^\dm]ldd PB^\im][ct^mit B]`jheph B]` B]Zfm]mq ;b]cj ied:êdt fgc] mp fZj@êdt \ct j@B^:\êda [pi;â d g^B[fa b]m^_fBdd Ymf im]e^m imdhjcfh \ct gf[p;êdt b]@îm[] B]Zfmp ;bfc [ l^cfh PBd smfh îmîm[êef \fc:ep Zpmq @^mbf d bfebB^mef B^_c] hêmdBf[]ep bBdm^Bdd flêbd dn gBfkîidfe]cqefa \^tm^cq efimd Wfm^cfiq Zp @mfZp idim^h] nj\f:îm[êef_f fZB]`f[]edt icf:d[;]tit [ e];â imB]e^ d fgB][\][;]t i^Zt gf Zfcq;fhj i@^mj `] [îq g^Bdf\ i[f^_f ij rîm[f[]edt e^ im]c] :^Bm[fa f@^B^\ef_f B^kfBhdBf[]edt ] B]`[d[]c]iq d bB^gc] Zc]_fm[fB ef [f`\âim[jt e] eB][im[êepa bcdh]m [ fZrîm[^ dZf e^\]Bfh \B^[ett hj\Bfimq _c]idm 3I\^ l[^m^m dibjiim[f e^ i[^Bb]mq h^@j 6

? ; A B J H 8 C 9 H A 7 ? 4 9 D = A < 08 5 A H J

# $+$ - '+ #"*- + $ '+ $+ '+ ##-, $&%$ "+$ $ % +( ! '' )$ + %" #$ & " " =Z]a2bXYQ 9 @ A]YZOYZR YQ[3QOWRYXR \RaZPX1R]VZU PRhaRWeYZ]aX _Z3aR[XQYYZSZ ZaPRWQ 7+? X\ 7 5 =QNQWRO]VZSZ [Z] 6Qa^aXYVX >RYXY]VZSZ 3 YQ CZ]VZO]VZU ZNWQ]aX ]Z]aZXa O XT^1RYXX QYQWXTR X 3Q][3Z]a3QYRYXX \QWZXTOR]aYdb X 3RPVZ X][ZWeT^R\db O [R PQSZSX1R]VZU [3QVaXVR ]Z1XYRYXU ZaR1R]aORYYdb QOaZ3ZO MaQ PRhaRWeYZ]ae ]VWQ PdOQRa]h XT b ]Z]aQOWh2fXb [RPQSZSX1R]VZSZ QYQWXTQ \QWZXTOR]aYdb ]Z1XYRYXU X QYQWXaX1R]VXb 3QT\d-WRYXU [Z [ZOZP^ ]Z1XYRYXU 1QfR X][ZWeT^2fXb]h O [RPQ SZSX1R]VZU [3QVaXVR X [R3RbZPhfXb XT ]NZ3YXVQ O ]NZ3YXV =QV [ZVQTdOQRa [3QVaX VQ [ZP3ZNYdU [RPQSZSX1R]VXU QYQWXT [ZTOZWhRa NZWRR h]YZ Z]ZTYQae X Z]\d]WXae O]R %TQ( X %[3ZaXO( VQV [3X ZNYZOWRYXX 3R[R3a^Q3Q aQV X PWh [ZX]VZO YZOZSZ XWX NZWRR [3X]aQWeYZSZ OTSWhPQ YQ VQTQWZ]e Nd bZ3Z-Z XTOR]aYdR ]Z1XYRYXh 6 PQYYZU ]aQaeR [3RPWQSQ2a]h POQ _3QS\RYaQ XT [ZPZNYZU \RaZPX1R]VZU 3QNZad

@R Z1RYe [3Z]adR %>RSVXR OQ3XQ`XX( fBm^gd]eep^ if@deêdt \ct \^mâ if`\][]cdiq F D K]Z]c^[ibdh e] gBf mt:êdd \fc_dn c^m [ g^Bdf\ i gf _f\ Ymd gqîp ifim][dcd mBde]\l]mq [pgjibf[ gf\ fZrdh e] `[]ed^h 3TfBm^gd]ee]t hj`pb] \ct \^mâ d Aef;îm[]6 RB^\d edn \[^ ife]mdep Ff h]:fB d ifcq hdefB ;îmq gB^cA\da d kj_ i^hq Bfe\f ldbc >^@dm]md[ d Bfe\f LdBd@îbd^ e]g^[p Eîêed^ d_Bp d m]elp ldbcf[ []Bd]lda Eîfhph [bc]\fh [ g^\]_f_d@îbjA gB]bmdbj t[ctAmit ldbcp d` md \^mibdn gqî if@ d`\]eep^ [ _ d c^_bd^ gqîp if@ E]Bd]ldfeefa kfBh^ bfhgf`dmfB j\^ctc [ i[f^h m[fB@îm[^ \ct \^mâ fifZf^ [edh]ed^ H_f g^B[p^ \[] ldbc] []Bd]lda e] ifZim[êep^ m^ hp >^ h]:fB d ct hdefB if@ = == d e]gdi]ep [ _ ] gf ic^\ed^ e] ]h^Bdb]eibjA kB]elj` ibjA d tgfeibjA e]Bf\ep^ m^hp if@ 4 [ 4 __ PBdh^@] m^cqep d ldbcp c^_bdn []Bd]lda if@ e] BjiibjA jbB]deibjA icf[]lbjA m^hp Miic^\f[]m^cd kfBm^gd]eef_f m[fB@îm[] [ @]imefimd L M >fa`

h]e [p\^ctAm b]b f\de d` e]dZfc^^ j\]@epn ldbcf[ L^_bd^ []Bd]ldd ct hdefB if@ = N^ hê^^ gBd [c^b]m^cqephd t[ctAmit d L^_bd^ []Bd]ldd >^ h]:fB if@ = gB^\im][ctArd^ ifZfa b]b fZfè] @êf [ m^bim^ ldbc d` md []Bd] lda e] fBd_de]cqejA m^hj gBd@^h m^h^ gB^\;îm[j^m [imjgcêd^ O\e]bf e] i]hfh \^c^ smd L^_bd^ []Bd]ldd e^ m]b mf gBfimp b]b hf: ef Zpcf gB^\gfcf:dmq d` e]`[]edt Fâim[dm^cqef gBd g^B[fh gBficj ;d[]edd ldbc] if`\]^mit gBd[c^b] m^cqef^ frjrêd^ l^cqefimd kfB hp cf_d@ef_f B]`[dmdt h]m^Bd]c] gBd gfhfrd 3g^B^f\^[]edt6 m^hp [ B]èffZB]èp^ bfemB]gjebmd@îbd^ 3f\^:bd6 PBflîi smfm gBfdinf\dm e]gfBdimf `]n[]mp[]Ar^ imB^hd m^cqef e^\]Bfh [ e^bfmfBpn d`\] edtn gf\ fief[eph e]`[]ed^h dh^ ^mit B^h]Bb] 3Vfbb]m]6 V^h] jicp ;]ee]t [ e]@]c^ if@deêdt ibBfh e]t d e^gBdmt`]m^cqe]t `[j@dm c^_bf d d`tref Nf g^B[f^ gB^\im][cêd^ m^hp B]ibBp[]^m g]B]\fbi]cqepa k]bm gf ijrîm[j sbigfedBf[]ed^ m^hp t[ct^mit ^^ []Bd]ldâ N] gBfimjA edinf\trjA _]hhj >^ h] :fB ][mfB e]ZB]ip[]^m e^bjA [j]cq V^h] d`cf:ê] [ ed:e^h _fcfi^ i skk^bmfh snffZB]èf_f gf[mfBêdt b]:\f_f ;]_] _]hhp [ [^Bne^h _fcf i^ E fief[efh :^ g^B[f`\]eefh [d

\^ m^h] gfb]`p[]^m i^Zt [ bfel^ ldbc] [ a []Bd]ldd ih^cf iZBf id[ i i^Zt [i^ [j]cd d h]ibd G[mfB e^ fg]i]^mit m^g^Bq ^^ c]gd\]Befi md \]:^ hf:ef ib]`]mq gBdhdmd[ efimd gfmfhj @mf B]e^^ [ gBflîi^ []BqdBf[]edt B]ibBp[]^m ^^ Zf_] mp^ [f`hf:efimd E [^Bêdl^ fZB]`f[ []Bd]emf[ m^ hp frjr]^mit m^]mB]cqefimq e^ji m]eef^ b]Be][]cqef^ h^cqb]ed^ h] ifb gf\\^B:d[]^m dem^Bî b \]cq eâ;^hj B]`[dmdA \f mfa gfBp gf b] h]ibd e^ Zj\jm iZBf;êp d m^h] t[dm i^Zt [ @^mpB^nbB]mefh e]imfa @d[f [f`[B]r]Ar^hit gf[mfBêdd ed`[^B_]Arâit _]hhp Ymf 4 g] B]\ h]B; \^hfeimB]ldt 3Efm b]b]t t m^h] e] i]hfh \^c^ 6 F^[tmq d` md []Bd]lda fZe]Bj :d[]Am mê\êldA b fZo^\deêdA [ mB^n@]imejA imBjbmjBj K a @]i md hf:ef fmeîmd m^hj d mBd gfic^ \jArdn []Bd]ldd mîef ig]teep^ \Bj_ i \Bj_fh f@êq Zcd`bd^ gf md gj []BqdBf[]edt K iB^\eâ @]imd 4 t t t []Bd]ldd i cdBd@îbdh lêmBfh 4 a []Bd]ldâ imftrâ fifZetbfh fe] e]gdi]e] [ hdefB^ k] \d^` hdefB Ymf \]eq mB]\d ldd dZf [ bc]iid@îbfh []Bd]ldfe efh ldbc^ e^gB^hêef gft[ct^mit []Bd]ldt e]gdi]ee]t [ \Bj_fh c]\j fmh^mdh @mf [ gBfd`[^\êdd fm ijmim[j^m ^r^ f\e] mB]\dldfee]t

\^m]cq 4 h^\cêe]t []Bd]ldt C^m [^Bm]t d gtm]t []Bd]ldd f@êq gfnf :d e] [imjgcêd^ d fZB]`jAm ]Bbj fZB]hctArjA hdefBejA gtmjA [] Bd]ldA N^fZnf\dhf fmh^mdmq @mf [imjgcêd^ d_B]^m Bfcq i[f^fZB]` efa [mfBfa dcd 3`]g]iefa6 m^hp [ mêd bfmfBfa gBt@^mit fief[e]t m^ h] [ Z]if[fh _fcfi^ @^m[^Bmfa []Bd ]ldd Gbmd[ep^ [`c^m]Ard^ [[^Bn hfmd[p [imjgcêdt gfZ^:\]Am d [pmîetAm e] [B^ht fief[ejA m^hj d [ ;îmfa []Bd]ldd E _Bjgg^ d` mB^n []Bd]lda fZB]`j Ardn mB^mqA @]imq i^\qhfa [fiq hfa d @]imd@ef \^[tmfa ief[] c^_ bf gBfih]mBd[]^mit fief[e]t m^h] Pf n]B]bm^Bj k]bmjBepn d`hêêda gB^fZc]\]Ar^hj ;mBdnj im]bb]mf gBfdinf\dm [f`[B]rêd^ [ fZB]èjA iB^\j g^B[fa @]imd bfhg]bm m^hp d g^B[pn mB^n []Bd]lda J\îq e^cq`t e^ fZe]Bj:dmq mê \êldA b bfelêmBd@îbfhj imBf^ edA ldbc] gtm]t []Bd]ldt d fZB]h ctArd^ ^^ @^m[^Bm]t d ;îm]t 4 h] cpa [ejmBêeda bBj_ fbBj:êepa [ i[fA f@^B^\q _Bjgg]hd []Bd]lda g^B[fa d mB^mqâ @]imâ ifim][ctA rdn [e^;eda Zfcq;fa bBj_ K]b j:^ Zpcf ib]`]ef \^[tm]t [] Bd]ldt e^ gfcefimqA [nf\dm [ mB^ mqA imBjbmjBejA _Bjggj m]b b]b [ bfel^ ^^ gBfdinf\tm []:ep^ d`h^ eêdt V^h] gfe]@]cj gBd[p@ef \[d_]tiq gfimjgêef [ed` 3`]imB^ []^m6 e] \fhde]emefh mfe^ a m]bm \[d_]^mit [igtmq ^r^ B]` e] @de]^m \[d:êd^ d ief[] fim]e][cd []^mit e] `[jb^ 3ct6 a m]bm R smf_f hfhêm] `[jb 3ct6 im]ef[dmit [p\^B:]eeph 3g^\]cqeph6 \fhd e]emf[ph `[jbfh bfmfBpa gBf\fc :]^mit [ \îtmfa []Bd]ldd Oe] 4 gf[fBfmepa hfhêm [ \B]h]md@î bfh B]`[dmdd if\^B:]edt bfmfBpa gf ijmd im]ef[dmit gB^\dbmfh b kd e]cqefa _Bjgg^ []Bd]lda 4 f\de e]\l]mfa d \[ê]\l]mfa E 4 h m]bm]n \îtmfa []Bd]ldd gf\ _e^mfh `]imp[;^_f \fhde]emf[f_f mfe] 3ct6 gBfdinf\dm e]gBt:êe]t hf md[e]t B]Zfm] 4 gfdib `[j@]ed^ gB^\dbm] fmcd@]^mit e]imfBf:ê efimqA e^j[^BêefimqA F[jm]bmf [pa e]imfa@d[f gf[mfBtArdait hfmd[ h^@^mit [ gfdib]n [pnf\] d i _f m]bm] g^B^nf\dm d` gf\ _e^m] \fc_f_f 3ct6 gf\ gBîi fmefidm^cq

ef \cdeef_f mfe] 3id Z^hfcq6 R _f m]bm] gBfdinf\dm imB^hdm^cqe]t 3gBfZ^:b]6 [fiqhpn 3ct id \f Z^ b]B6 b [p\^B:]eefhj mfej 3B^6 Ymf ^r^ e^ fbfe@]m^cqe]t gfZ^\] ef j:^ \fimd:êd^ P^\]cqepa mfe 3B^6 4 mfed@îbda b]b d B]e^^ im] md@epa \fhde]emf[pa mfe 3ct6 mt e^mit \fc_f N] gBfmt:êdd n m]b mf[ 4 gf\ edh gBf\fc:]^mit hfmd[e]t B]Zfm] gfdib N]gBt:^ ed^ B]im^m 4 d [fm gBfdinf\dm \fc_f :\]eepa gBfBp[ [^Bneda _fcfi [ jedife i mêfBfh hf\^cdBj^mit b]b m^h] [ fZB]rêdd E e]imfa@d [fh gfBp[^ [ 4 h m]bm]n mBj\ ef \[d_]tiq e][^Bn smfhj [g^@]mc^ edA igfifZim[j^m gjebmdBepa Bdmh b]b Zp e^ gjib]Arda mfBhf`trda \[d:êd^ gB^fZB]:êe]t m^h] gBfnf\t @^B^` fimBf `[j@]rjA ]cq m^B]ldA 3ifcq ifcq \d^`6 [ h m]bm^ \fimd_]^m l^cd 4 `[jb] 3ct6 Nf smf e^ `]imp[;da im]md@epa fB_]eepa gjebm b]bdh fe Zpc gB^: \^ ] \de]hd@e]t hfZdcqe]t \fhd e]em] bfmfB]t [î^cf d se^B_d@ef fZBj;d[]^mit [ f\dee]\l]mjA []Bd ]ldA kde]c b bfmfBfa gBdhpb]^m \[ê]\l]m]t bf\] Oed fZ^ if`\]Am `]h^@]m^cqef fgmdhdimd@îbf^ `] [^B;êd^ ldbc] E i]hfh bfel^ \[^ e]\l]mfa []Bd]ldd 4

^ m]bmp m^h] e]bfe^l iZB]ip[]^m i[fd [] Bd]ldfeep^ 3fZc]@êdt6 d `[j@dm gBfimf d jZ^\dm^cqef @^mpB^ B]`] gf\Bt\ jm[^B:\]t i^Zt i[fA ifZim [êejA _]hhj >^ h]:fB im][;jA m]bdh Zf_]mph dimf@edbfh \ct if` \]edt gB^cîmepn b]Bmdefb 4 L^_bdn []Bd]lda if@ = RgB][^\cd[fimd B]\d ic^\j^m f_f [fBdmqit @mf bfelêmBd@îbda gBdeldg gfimBfêdt fZe]Bj:d[]^m it [ m^h]md`h^ ] [fm mfe]cqepa gc]e fmbBp[]^m eîbfcqbf dep^ `]\]@d kfBh]cqef_f imBfêdt smfa gqîp ] dhêef Eimjgcêd^ if`\]^m \fhde]emf [f^ mt_fmêd^ bfmfBf^ B]`B^;]^mit [ _c][ejA mfe]cqefimq >^ h]:fB [ m^h^

P^B[]t [mfB]t mB^mqt @^m[^B m]t []Bd]ldd B]`[d[]Amit [ _c][efa mfe]cqefimd Ptm]t \]e] [ bfemB]imefa fbB]i b^ k] \d^` hdefB] bfmfB]t t[ct^mit g]B]cc^cqefa hdefBefa mfe]cqefi mqA b mfe]cqefimd \fhde]emp

9îm]t []Bd]ldt `]hpb]Ar]t [ejmBêeda bBj_ `[j@dm j:^ [ mf e]cqefimd \fhde]emp [ Lt h]:fB^ bfmfB]t [f [mfBfa B]` b]b smf j:^ Zpcf [f [imjgcêdd if`\]^m mt_fm^ ed^ b mfedb^ d B]`B^;]^mit [ >^ h] :fB [ i^\qhfa []Bd]ldd Efiqh]t []Bd]ldt \]^mit [ f\ efdhêefh hdefB^ d e] gBfmt:êdd [fiqhfa \^[tmfa d \îtmfa []Bd] lda bB]ib] B^ hdefB] _figf\im[j^m J\îq Bfcq hdefBef_f c]\] \Bj_]t e^ m]b]t b]b [ gtmfa []Bd]ldd _\^ k] \d^` hdefB if`\]^m bfcfBdimd @îbda bfemB]im fbBj:]Ardh []Bd ]ldth Ffc_f `[j@]rda [ [fiqhfa \^[tmfa \îtmfa []Bd]ldtn B^ hd efB if`\]^m [i7 jidcd[]Ar^ît e] gBt:êd^ bfmfBf^ gB^\^cqef `]fim Bêf [ \îtmfa []Bd]ldd J]mf cdbj Arda >^ h]:fB f\dee]\l]mfa d \[^ e]\l]mfa []Bd]lda [figBdedh]^mit b]b \fc_f:\]ee]t B]\fimq Ymfm mfe]cqepa gc]e if`\]^m e^ fZnf\dhf^ B]èffZB]`d^ gBd @^B^\f []edd []Bd]lda d f\ef[B^hêef igfifZim[j^m idcqefhj gBdmt:êdA []Bd]lda \Bj_ b \Bj_j ifZdB]edA fm\^cqepn @]imâ [ ^\def^ l^cf^ Pfsmfhj ldbc gBfd`[f\dm [g^@]mc^ ed^ l^cqefa bfhg]bmefa cf_d@efa kfBhp E digfcedm^cqibfh ]ig^bm^ ic^\j ^m `]h^mdmq @mf []Bd]ldd g^Bê]ip rêp gBd^hfh im]bb]mf MibcA@^ ed^ ifim][ctAm cd;q t @]imd@ef ;îm]t d eîbfcqbf kB]_hêmf[ d` \[ê]\l]mfa []Bd]ldd PBd^h di gfceêdt im]bb]mf mB^Zj^m Zfcq;f_f e]gBt:êdt ]gg]B]m] [ \fimd:êdd mf@efimd d c^_bfimd `[jbfd`[c^@^ edt fifZêef [ \cdm^cqepn gfic^ \f[]m^cqefimtn d`cf:êepn [fiq hphd dcd [ k]bmjB^ \[faepn efm Kf[]Beph d mBj\ef digfcedhph t[ ct^mit gfic^\eda g]ii]: digfcet^ hpa fZ^dhd Bjb]hd [ jedife bfmf Bpa fn[]mp[]^m f@êq Zfcq;fa \d] g]`fe fm 3B^6 Zfcq;fa fbm][p \f 3B^6 a fbm][p d mB^Zj^m fm digfc edm^ct cf[bfa d ZpimBfa e^f\ef bB]mefa g^B^hêp gf`dlda Bjb J\îq mB^Zj^mit ih^cfimq d mf@epa B]i@^m b]b j sb[dcdZBdim] [ icf: efh ldBbf[fh efh^B^ Dj\j@d di gfceê j\]@ef smfm g]ii]: gBfd`[f \dm Zcîmtrda skk^bm d \fimfaef `][^B;]^m smj gBd[c^b]m^cqejA [f [i^n fmef;êdtn gqîj

DORaWQh \^TdVQ :WXg3Q 7:>8?<I5 -? =E74= %<=K

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

>fh]ei hd hdefB fgji = gB^\im][ct^m ifZfa gBfimjA mB^n @]imejA kfBhj i e^bfemB]imefa iB^\eâ @]imqA >^gBd`] Zjb[]cqef gf[mfBt^m sbigf`dldA d`cf:ê ejA [ kfBh^ g^Bdf\] d` md m]b mf[ [ fief[^ bfmfBf_f c^:dm gBfi m]t e^gBdmt`]m^cqe]t m^h] h^c]e nfcd@îbf_f n]B]bm^B] C^mpB^ m]b m] g^B[f_f gB^\cf:êdt imBjbmjBd BjAmit \[jht idhh^mBd@ef B]igf cf:êephd \[jm]bm]hd dhÂrd hd fimde]mepa Bdmhd@îbda Bdij efb ib]@fb h^cf\dd e] b[demj [[^Bn [ g^B[fh m]bm^ jB][ef[^;d []^mit ib]@bfh e] b[]Bmj [ed` gBd \[d:êdd h^cf\dd d` _f [ a

m]bmp Ymdh gBd^hfh \fimd_]^mit fB_]ed@efimq if^\deêdt \[jn \[j m]bmepn hfmd[f[ Rc^\jArd^ @^ mpB^ m]bm] m]b :^ idhh^mBd@ep gB][\] i e^è]@dm^cqefa []Bd]em efimqA h^cf\d@îbf_f Bdijeb] Ef [mfBfh gB^\cf:êdd h^cf\dt gf h^rê] [ iB^\eda _fcfi d `[j@dm fbm][fa ed:^ @mf if`\]^m m^hZBf [jA e]iprêefimq [ fmcd@d^ fm nBjgbf_f sk^h^Bef_f `[j@]edt g^B [pn m]bmf[ Nf[f^ gft[cêd^ m^hp fZf_]rêf [f`\j;eph bfemB]gjeb mfh gf\_fcfif@ef_f mdg] B]`[d[ ;dhit d` gBfimf_f ]bbfhg]e^hêm] g^B[pn @^mpB^n m]bmf[ D]if[pa _fcfi gBft[ct^mit [ _]Bhfed@îbdn g^\]ctn \cdeepn `[jb]n E smfh gBft[ct^mit fBbîmBf[f^ hp;c^ ed^ ][mfB] J][^B;êd^ sbigf`dldd 4 mB^n`[êe]t edinf\tr]t i^b[ê ldt fief[]ee]t e] bfBfmbfh f\ef m]bmefh g^@]cqefh hfmd[^ bfmfB]t `]b]e@d[]^mit b]\êldâ [ fief[ efa mfe]cqefimd RB^\ett @]imq gf bfcfBdmj è]@d m^cqef i[^mc^^ demfe]ldfeef if [g]\]^m i sc^hêm]hd m^hp fmcd@] ^mit mfe]cqefa e^jimfa@d[fimqA gBd\]Arâ â B]èffZB]èjA c]\f [jA fbB]ibj Kjcqhde]ldt gqîp 4

4 m]bmp Oe] [pB]im]^m e] gd b^ B]`[dmdt i^b[êldd fief[fa bf mfBfa t[ct^mit gfic^\eda \[jm]bm g^B[f_f gB^\cf:êdt 4 m]b mp Pfic^\eda a m]bm iB^\eâ @]imd eîhfmBt e] jimfa@d[fimq B]`B^;êdt [ mfed@îbda i^bim]b bfB\ `[j@dm [fgBfidm^cqef d mfcq bf g^B[pa \[jm]bm B^gBd`p d`cf :êepa [ fief[efa mfe]cqefimd [figBdedh]^mit b]b jigfbfêd^ Rfi^\im[f T] h]:fB] d hd hdef B] e^ mdgd@ef^ [ gB^\pbm^ [ \]e efa idmj]ldd [fi gBdedh]^mit f@êq îmîm[êef Df_] mpa hf\jctldfe epa Bt\ [ iB^\eâ @]imd if`\]^m :d [fgdiejA bB]if@ efimq `[j@]edt n] B]bm^BejA \ct Bji ibdn bfhgf`dmfBf[ Qf:^m Zpmq [ smfa i[t`d jhîmef [igf hedmq @mf m]bd^ bfhgf`dmfBp b]b

N G >dhibda KfBi]bf[ d G N RbBt Zde dh^cd gBdBf\ejA ibcfeefimq b ]iifld]ldd hj`pbd i l[^mfh m^n dcd depn mfe]cqefimâ 4 i fgB^\^ cêeph l[^mfh >fh]ei >âe_fcq\] QfBdl^[d@] b]b :d[fgdiepa smA\ [p`p[]^m [ g]htmd @j\îep^ gfcfme] Bjiibf_f nj\f:edb] dhgBîidfedim] DfBdif[] Qji]mf[] Rnf:îmq i >fh]eifh fZe]Bj:d[] ^mit d [ \Bj_dn gqî]n smf_f fgji] [ @]imefimd [ Ldimb^ d` ]cqZfh] >^ h]:fB = d [ Q]cêqbfa gfsh^ k] \d^` hdefB fgji = Q] cêqb]t gfsh] 4 fBd_de]cqe]t tBb]t gqî] 4 gfimBfê] e] m^n :^ gBdeld g]n \[jm]bm fief[] m^hp i^b[êld feef^ B]`[dmd^ bfmfBf^ e]gfcet^m `[j@]ed^ hj`pbd Zf_]mim[fh bB]ifb d fmmêbf[ OifZêefimq gqîp 4 ^^ icf:e]t gfcdkfed@îb]t k]bmjB] _jimf i\fZBêe]t gf\_fcfib]hd gBd\]Ardhd `[j@]edA e^gf[mfBd hf^ fZ]ted^ QêtAr^ît bfcd@îm [f _fcfif[ if`\]^m e^h]cp^ icf: efimd digfcedm^cA [ fn[]m^ [i^_f Zf_]mim[] _fcfif[^\êdt VBj\efimd [fèdb]Ard^ [ B]Zfm^ i \^mqhd e]\ smdhd if@deêdthd ifimftm [ \fimd:êdd bB]ifmp d ht_bfimd `[j@]edt h^cf\dd bfmfB]t \fc:e] gf B]èfhj `[j@]mq [ [^Bn e^h d bfemB]cqmf[fh B^_dimB]n [ h^cf\d`dBf[]eefh bfemB]gjebm^ ifgBf[f:\]Ar^h h^cf\dA d e]ip rêefh nBfh]md`h]hd if`\]Ard hd gBdnfmcd[p^ jibfcq`]Ard^ de mfe]ldd [ hef_ficfaefimd k]bmj Bp Fdkk^Bêld]ldt `[j@]edt 4 icf:e]t `]\]@] \ct digfcedm^ct m]b b]b gfcdkfed@îb]t k]bmjB] mB^Zj^m jhêdt icp;]mq [i^ _fcfi] gf fm\^cqefimd d [ if[fbjgefimd Rf@deêdt IcdsB] 4 [^cdbf c^ge]t gd]edimd@îb]t ;bfc] bfmf B]t if[^B;êef e^fZnf\dh] [ im] ef[cêdd Aef_f hj`pb]em] >XaR3Qa^3Q ) K<96 > Q IcdsB Q

# " #<7;B774 >jiib]t kfBm^gd ]ee]t hj`pb] 4

[[ Q ) -= > Q IcdsB Eimjgdm^cqe]t im]mqt RZfBedb kfBm^gd]eepn gqî Q . ) 16>774 Pdiqh] Q * ,7F ?46 > Q IcdsB KB]m bda f@^Bb :dèd d m[fB@îm[] Q

= 8 5 8 > 9 6 D = ? < : A 6 A 0 ? >

&$* + " % $ $). +$ $ $+ ! #" , ?5?< 7>=7 ;?>E7 F6 37B75H *6 6<? 4 C >6<7 / =F7<I AC9H;= ^g^Bq g^B^\ e]hd [im]^m e^ f@êq gBfim]t `]\]@] Qe^ gB^\imfdm B]iib]`]mq ] []h 4 gfic^ hf^_f B]iib]`] d fifZêef gf ic^ mf_f b]b [p jicp;dm^ hj`pbj bfmfB]t iâ@]i gBf`[j@dm 4 []h gB^\imfdm gfetmq d gf@j[im[f[]mq b]b mîef i[t`]ep h^:\j ifZfa m] bd^ b]`]cfiq Zp B]èp^ bfhgf`dmf Bp b]b Qfl]Bm d PBfbfkq^[ Rg^B[] eîbfcqbf icf[ f Zdf_B] kdd PBfbfkq^[] Ep gfhedm^ t B]i ib]`p[]c @mf Qfl]Bm e]gdi]c i[fA g^B[jA gqîj [ ;îmq c^m ef m]b b]b [ mf [B^ht ^r^ e^ jh^c `]gdip[]mq hj`pbj e] efmejA Zjh]_j smf gBd;cfiq \^c]mq ^_f fmlj g^B[fhj ^_f j@dm^cA V]b [fm PBfbfkq^[ i[fA g^B[jA gqîj e]gdi]c mf:^ [ ;îmq c^m Oe mf:^ mf_ \] ^r^ e^ jh^c `]gdip[]mq ef mp d smf `] e^_f gBd;cfiq i\^c]mq ^_f h]m^Bd 4 fmcd@ef hj hj`pb]emj g^B[fa j@d m^cqedl^ i[f^_f ipe] Ym] gqî] e]`p[]c]iq 3Me\daibda _]cfg6 4 PBfbfkq^[ e]gdi]c ^^ jicp;][ B]`_f[fBp [`Bfi cpn f b]bdn mf ifZpmdtn [ Me\dd RfnB]edc]iq dem^Bîe]t kfmf_B]kdt j gd]edef id\dm Z^cfbjBpa h]cq@db ] e] gA gdmB^ imftm efmp i [^cdbfc^g efa e]\gdiqA 3R^B^:] PBf bfkq^[ Og^B] 3E^cdb]e6 E mf [B^ht R^B^:^ PBfbfkq^[j Zpcf Bf[ef \^[tmq c^m N]bfe^l bf_\] PBfbfkq^[j digfc edcfiq mBde]\l]mq c^m fe fmgB][dc it gfimjg]mq [ Lêde_B]\ibjA mf_ \] P^m^BZjB_ibjA bfei^B[]mfBdA H_f e^ nfm^cd \fgjib]mq b sb`]h^ e]h mBde]\l]mq c^m 4 icd;bfh h] cêqbda [f`B]im @mfZp gfimjg]mq [ [pi;^^ j@^Zef^ `][^\êd^ Ymf Zpc ZîgB^l^\êmepa icj@]a Nf [i^ :^ sb`]hê ifimftcit K Zfcq;fhj imfcj `] bfmfBph id\^cd

>dhibda KfBi]bf[ Lt\f[ Ic]`jef[ d \Bj_d^ bBjgeâ;d^ hj`pb]emp 4 gBfkîifB] bfei^B[]mfBdd gf\f;^c R^B^:] PBfbfkq^[ dè^hf_]t gf\ mt:îmqA ef;d bfmfBjA fe bc]\^m e] imfc Yb`]hê]mfBp [d\tm g^B^\ ifZfa @^mpB^ fg^Bp \[^ ife]mp f_ Bfhef^ bfcd@îm[f \Bj_dn gqî Ymf gBfd`[f\dm e] bfhdiidA f;^cfhct Ar^^ [g^@]mcêd^ PBfbfkq^[ gBd etm [ bfei^B[]mfBdA d j@dmit gf mB^h ig^ld]cqefimth bfhgf`dldd kfBm^gd]ef d \dBd:dBf[]edA S:^ b \[]\l]md _f\]h PBfbfkq^[ `][f^[p[]^m gBdè]ed^ d d`[îm efimq O ^_f hj`pb^ f ^_f [pimjgc^

edtn gd;jmit im]mqd O\ed e]`p[] Am ^_f [p\]Ardhit m]c]emfh \Bj _d^ [f[i^ fmb]`p[]Am ^hj [ b]bfh cdZf \]Bf[]edd PBfk^iifB C^B^g ede j bfmfBf_f PBfbfkq^[ d`j@]c dibjiim[f \dBd:dBf[]edt e]`[]c ^_f 3Z^`jhef m]c]emcd[ph hj`p b]emfh6 K]bfa mf bBdmdb hfh^e m]cqef gf\n[]mdc smd icf[] d e]gd i]c 3Ymf ]ZifcAmef gB][dcqef mfcqbf m]c]em] t gfb] e^ [d\^c ] [d\^c f\ef Z^`jhd^6

RgfBp B]`_fB^[;dît [fbBj_ PBfbfkq^[] ^r^ [ _f\p ^_f bfei^B []mfBibdn `]etmda gBf\fc:]cdiq d gf`:^ Rcd;bfh hef_f Zpcf [ e^h ef[f_f [pnf\d[;^_f `] B]hbd m^n i]hpn 3gB][dc hj`pb]cqef_f gBdcd @dt6 bfmfBp^ [ i[f^ [B^ht e]Bj;]c Qfl]Bm d [i^_\] e]Bj;]cd e]imft rd^ Zfcq;d^ ef[]mfBp EibfB^ gfic^ fbfe@]edt bfei^B[] mfBdd PBfbfkq^[ gd;^m 3RbdkibjA iAdmj6 4 Zfcq;f^ idhkfed@îbf^ gBfd`[^\êd^ [ bfmfBfh nf@^m [f gcfmdmq i[f^ gB^\im][cêd^ f hdB^ e];dn \]c^bdn gB^\bf[ PBd g^B[fh digfceêdd 3Rbdkibfa iAdmp6 bf_ \] `]`[j@]c] ^^ gfic^\ett @]imq BdijAr]t fic^gdm^cq epa i[^m [`f;^\;^_f e]\ `^h câ ifcel] hj`pb] fb]`]c]iq imfcq fic^gdm^cqefa @mf Ic] `jef[ 4 h]imdmpa bfhgf`dmfB B^bmfB bfei^B[]mfBdd bfmf BjA `] \[] _f\] \f mf_f `]bfe @dc PBfbfkq^[ 4 e^ [p\^B:]c d `] eîbfcqbf m]bmf[ \f bfel] gfbdejc `]c Fjh]A @mf smf Zpc ^\deim[êepa icj@]a ifc e^@ef_f j\]B] icj@d[;^_fit e^ fm ifcel] ] fm ifce^@efa hj`pbd Hr^ gf`:^ bf_\] PBfbfkq^[ _]imBfcdBf[]c [ Gh^Bdb^ [ f\efa d` bBdmd@îbdn im]mâ Zpcf e]gdi]ef 3Ymf ]m]b] h] hfemf[ e] ]`d]mibfh gc]mf Kf_\] \f@b] \def`][B] fb]e @d[]c] bfei^B[]mfBdA mfa gf Bp [ ^^ B^g^Bmj]B^ [^Bftmef Zpc PBfbfkq^[6 M ib]`]ef smf Zpcf f EmfBfa kfBm^gd]e efa ife]m^ hj`pb] bfmfBfa [figBdedh]^mit i^_f\et b]b if[i^h gBfim]t gBf`B]@e]t bc]iid@îb]t [ gfcefh ihpic^ smf_f icf[] Nf Zpcd gBfedl]m^cqep^ @jmbd^ cA\d bfmfBp^ iB]`j :^ flêdcd [p \]Ardait m]c]em hfcf\f_f PBfbf kq^[] eîhfmBt e] @B^`[p@]aejA ih^cfimq ^_f m[fB@îbdn \^B`]eda RB^\d smdn cA\â Zpc Q]bidh IfBq bda Zpc Ec]\dhdB Q]tbf[ibda Zpc Ndbfc]a <bf[c^[d@ Qtibf[ibda 4 Bf\fe]@]cqedb if[^mibfa idhkfed

Класс гитары Академического музыкального колледжа при МГК им. П.И.Чайковского Заслуженный артист России Н.А. Комолятов

Дочь Иванова-Крамского Н.А.Иванова-Крамская и Заслуженный учитель России Н.Н. Дмитриева

Заслуженный работник культуры Ф.Р. Акопов

@îbfa hj`pbd `]h^@]m^cqepa g^\] _f_ [figdm][;da eîbfcqbf gfbfc^ eda if[^mibdn bfhgf`dmfBf[ Zpc DfBdi Ec]\dhdBf[d@ Gi]kq^[ g]m Bd]Bn if[^mibf_f hj`pbfè]edt Ic][ef^ :^ bfe^@ef Zpcd icj;]m^ cd Hicd @]imq dn ;db]c] i[dim^c] d gBfimf fmb]`p[]c]iq [d\^mq [ PBf bfkq^[^ hj`pb]em] mf \Bj_]t ^^ @]imq _fBt@f gBd[^mim[f[] c] idcqepa d hj:îm[êepa m]c]em Aef_f bfhgf`dmfB] if `[j@epa B]imB^[f:êeph e] imBfêdth Bjiibf_f fZrîm[] gB^\B^[fcAldfeefa gfBp M PBfbfkq^[ [ bfel^ bfe lf[ gfZ^\dc PfZ^\dc [f [i^h hdB^ Râ@]i e^m [^Bftmef ed f\ef_f hj`pb]cqef_f m^]mB] _\^ e^ ;cd Zp ^_f fg^Bp d Z] c^mp E f\efh mfcqbf Dfcq;fh m^]mB^ [ Qfib[^ d\jm ^_f fg^ Bp 3Efae] d hdB6 3R^hê Kfmbf6 d 3M_Bfb6 Z]c^mp 3>f h^f d F:jcq^mm]6 3Jfcj;b]6 3Rb]` f K]hêefh l[^mb^6 N^m [ hdB^ h]cf h]cqibd d` [îmef_f hj`pb]em] gd]edim] ibBd g]@] [dfcfe@^cdim] \dBd:^B] [ @q^h B^g^Bmj]B^ e^ Zpcf Zp gBfd` [^\êda PBfbfkq^[] ^_f gBfd`[^\^ edt [nf\tm [ gBf_B]hhp hj`pb]cq epn ;bfc j@dcdr d bfei^B[] mfBda [ gBf_B]hhp B]èf_f Bf\] [ mfh @dic^ h^:\je]Bf\ epn bfebjBif[ Qj`pb] PBf bfkq^[] `][f^[]c] hdB C^h :^ m]b gBd[c^b]^m b i^ Z^ sm] hj`pb] PB^:\^ [i^_f t \jh]A i[fâ ifce^@efimqA 4 bf_\] [ eâ i_jr]Amit mj@d d e^Zf @^Be^^m hp [i^ B][ef @j[im[j^h @mf `] smdhd @^B ephd mj@]hd îmq ifcel^ @mf fef edbj\] e^ di@^`cf @mf B] ef dcd gf`\ef hp [ef[q frj mdh e] i^Z^ :d[dm^cqef^ m^g cf ^_f cj@â PBd[c^b]^m e]i [ hj`pb^ PBfbfkq^[] d Zf_]mim[f [f gcfrêef_f [ eâ hdB] @^cf [^@îbdn @j[im[ d hpicâ E ^_f m[fB@îm[^ hp [imB^mdh @^cf[^b] B]\jAr^_fit d g^@]ctr^_fit @^cf [^b] nfnf@jr^_f d Bp\]Ar^_f @^cf [^b] imB];ef_f d \fZBf_f @^cf[^b] imB^hdm^cqef eîjr^_fit [g^B^\ b i[fâ l^cd d @^cf[^b] `]imp[;^_f [ if`^Bl]edd bB]ifmp gBdBf\p PBf

bfkq^[ if`\]c imB]edlp e^:eâ;â cdBdbd `]mB]_d[]Ard^ i]hp^ `]m] êep^ @^cf[^@îbd^ @j[im[] d g^B^ :d[]edt ef îmq j e^_f d hfejhê m]cqep^ hj`pb]cqep^ kBîbd Bdij Ard^ _^Bfd@îbd^ ifZpmdt d` dimf Bdd Bjiibf_f e]Bf\] gf\fZef 3L^\f [fhj gfZfdrj6 [ b]em]m^ 3Gc^b

i]e\B N^[ibda6 Himq j e^_f hj`pb] f cAZ[d ^imq d hj`pb] f B^[fcA ldd Nf f @^h Zp ed gdi]c PBfbf kq^[ [i^ ^_f m[fB@^im[f gBfedbejmf i[^mcph ifce^@eph hdBf[figBdtmd

^h \p;dm kd`d@^ibdh d eB][im[^e eph `\fBf[q^h fef fgmdhdimd@ef [ i]hfh [pifbfh ihpic^ smf_f icf[] E smfh ^_f f_Bfhe]t idc] d gBd[c^ b]m^cqefimq Cmf :^ i[t`p[]^m PBfbfkq^[] i Qfl]Bmfh PB^:\^ [i^_f mjm e]\f ib]`]mq f 3hfl]Bmd]eim[^6 b]b f i[f

^fZB]èfh t[cêdd [ Bjiibfh dibji im[^ 4 e^ mfcqbf [ hj`pb^ Cdimfm] d b]b]t mf fifZ]t i[^mc]t gBf`B]@efimq @j[im[ d gfhpicf[ @] r^ [i^_f ifce^@ef^ nfmt gfBfa d mB]_d@îbf^ ef [i^_\] Aef;îbd e^gfiB^\im[êef^ [figBdtmd^ :d` ed 4 [fm @mf hp fZp@ef [bc]\p[]^h [ gfetmd^ 3hfl]Bmd]eim[]6 R 3hfl]Bmd]eim[fh6 hp [imB^@] ^hit j:^ [ m[fB@îm[^ Pj;bd e] d Icdebd Eigfhedh 3i[^m cjA g^@]cq6 Pj;bde] i[^m cjA d g^@]cqejA hj`pbj _cde bdeibdn Bfh]eif[ Eigfhedh d e^gfiB^\im[êef^ dn ifgBd bfief[êd^ i Qfl]Bmfh gj; bdeibf_f 3Qfl]Bm] d R]cq^ Bd6 _cdebdeibd^ kfBm^gd]e ep^ []Bd]ldd e] m^hj Qfl]B m] OifZf^ hîmf `]edh]^m 3hfl]Bmd]eim[f6 [ m[fB@îm[^ C]abf[ibf_f 3Qfl]Bmd]e]6 4 iAdm] ifim][cêe]t d` kfBm^ gd]eepn gqî Qfl]Bm] g^B^ cf:êepn \ct idhkfed@îbf_f fBbîmB] [fb]cqepa b[]Bm^m e] m^hp Qfl]Bm] h^cf\dt d` kfBm^ gd]eef_f bfel^Bm] Qfl]Bm] im][ ;]t fief[efa 3P]imfB]cd6 [ 3Pdbf [fa \]h^6 G \]cq;^ 3Qfl]Bm d R] cq^Bd6 4 fg^B] >]nh]edef[] V]b @mf 3hfl]Bmd]eim[f6 PBfbfkq^[] 4 smf f\e] d` :d [dm^cqepn mB]\dlda Bjiibf_f dibjiim[] i[t`p[]Ar]t ^_f i ifce^@eph `\fBf[ph fgmd hdimd@îbdh dibjiim[fh B]e e^_f bc]iidld`h] E [fèdbef [êdd dem^Bî] b m[fB@îm[j Qfl]Bm] j PBfbfkq^[] [f` hf:ef ip_B]cf i[fA Bfcq mf @mf [ imj\ê@îbd^ _f\p ^hj \f[^cfiq gBf\dBd:dBf[]mq [ fg^Befa imj\dd P^m^BZjB_ibfa bfei^B[]mfBdd fg^Bfa Qfl]B m] 38êdmqZ] Td_]Bf6 Pf i[d \^m^cqim[j f@^[d\l^[ PBfbf kq^[ fmcd@ef igB][dcit i smfa icf:efa `]\]@â Mem^Bî b Qfl]Bmj d ^_f im]B;^hj if[B^hêedbj I]a\ej ib] `]cit [ @]imfh fZB]rêdd PBfbf kq^[] b m]bdh m]el^[]cqeph kfB h]h b]b _][fm d hêjsm [ imB^hc^ edd f[c]\^mq bc]iid@îbfa tiefi mqA d c]bfed`hfh idhkfed@îbfa kfBhp 4 smf fm@^mcd[f frjr]^mit [ ^_f B]eeâ ^r^ j@êd@îbfa Rdh

kfed^mm^ d fifZêef [ 3Kc]iid@î bfa idhkfedd6 bfmfBjA [p i^_f\et jicp;dm^ Dpcf cd smf [e^;edh gf\B]:]ed ^h B]eeâ bc]iidb^ Nd [ bf^h icj @]^ E cAZfh d` if@deêda PBfbf kq^[] i[t`]eefh i mB]\dldthd [^b] hp gf g^B[fa :^ demfe] ldd i g^B[pn :^ m]bmf[ jè]^h e^ gf[mfBdhf gBfbfkq^[ibda gf@^Bb i[f^ tBbf de\d[d\j]cqef^ gB^m[f Bêd^ \][edn mB]\dlda d @mf f@êq []:ef gf\@^Bbejmq icp;dh eîf heêep^ nfmt d f@êq 3gBfbfkq^[ ibd^6 fm`[jbd Bjiibfa e]Bf\efa g^ iêefimd Epi;â mf@bfa 3bc]iid@îbfa6 imBjd [ hj`pb^ PBfbfkq^[] im]c] ^_f g^B[]t idhkfedt bfmfBjA fe m]b d e]`[]c 3Kc]iid@îb]t idhkf edt6 R]h fe _f[fBdc @mf nfm^c smdh e]`[]ed^h gf\\B]èdmq bBdmdbf[ fmb]`p[][;dn ^hj [ b]bfh cdZf \] Bf[]edd ] bBfh^ mf_f \fZ][ct^m fe ;jmcd[f d `]\dBdimf b]b smf mdgd@ ef \ct e^_f bmf è]^m [\Bj_ fe] [ i]hfh \^c^ fb]:^mit bf_\] edZj\q bc]iid@îbfa MimfBdt gB^[B]mdc] smj ;jmbj [ \âim[dm^cqefimq e^ mfcqbf sm] idhkfedt ef d [i^ m[fB @îm[f PBfbfkq^[] `]icj:dcf ^hj [f [i^h hdB^ ic][j bc]iidb] [^ b] gBthf_f gBf\fc:]m^ct Bjiibfa bc]iidbd gBf;cf_f imfc^mdt E fZr^h gfimBfêdd 3Kc]iid@î bfa idhkfedd6 e^m b]bdn cdZf ef[ ;îm[ E eâ mB]\dldfeep^ @^mpB^ @]imd g^B[]t d @^m[^Bm]t 4 ZpimBp^ [mfB]t 4 h^\cêe]t mB^mqt 4 m]e^l _][fm N^ [gfce^ fZp@ef gfimBf^ e] B]`[^ @mf cd;q [mfB]t @]imq _\^ gB^bB]ie]t gîêe]t h^cf\dt if@^ m]^mit i \[d:êd^h fm\]cêef e] gfhde]Ardh h^\cêepa hêjsm J]mf n]B]bm^B hj`pbd ^^ imB^hd m^cqef^ \[d:êd^ d @j\îe]t h^cf \db] ^^ [^cdbfc^ge]t @dimfm] d gBf `B]@efimq i g^B[fa d \f gfic^\eâ efmp gfcep e^d`Zp[efa i[^:îmd d e^gf[mfBdhfa fBd_de]cqefimd Qf l]Bm d I]a\e gBfi[^@d[]Am [ eâ ib[f`q gBd`hj Icdebd [igfhedm^ ^_f imB^hdm^cqejA 3hfl]Bmf[ibjA6 ef _cjZfbf BjiibjA j[^BmABj b fg^ B^ 3>jic]e d LA\hdc]6 fm@]imd >dhibf_f KfBi]bf[] [ gfic^\eâ @]imd [p eîfheêef jicp;dm^ de mfe]ldA f@êq Zcd`bjA m^h @mf `[j@]m [ 3Re^_jBf@b^6 Nf _c][ef^ [

smfa hj`pb^ 4 i]h R^B_â PBfbf kq^[ H_f e^ igjm]^;q ed i b^h Eic^\ `] 3Kc]iid@îbfa idhkf edâ6 gBf`[j@]m mBd []cqi] PBfbf kq^[] PBfbfkq^[ f@êq cAZdc smj ik^Bj hj`pbd d if@dedc hef_f gB^ bB]iepn []cqif[ fifZêef [ fg^ B]n d Z]c^m]n OifZêefimq Zfcq ;â @]imd m]bdn []cqif[ [ mfh @mf fed gB^\im][ctAm ifZfa e^ gBfimf m]el^[]cqepa kfe e] bfmfBfh B]` [fB]@d[]^mit \âim[d^ b]b smf @] r^ [i^_f [ fg^B]n d Z]c^m]n Zp[]^m ] [ edn [fgcfrê n]B]bm^B mf_f dcd def_f \âim[jAr^_f cdl] ^_f fZ B]` ^_f g^B^:d[]edt Ep jZ^\dmîq [ smfh icj;]t i^_f\et \[] []cqi] d` Z]c^m] 3Jfcj;b]6 d []cqi d` fg^ Bp 3Efae] d hdB6 P^B[pa []cqi 4 3Jfcj;b] e] Z]cj6 < j[^Bê @mf îcd [p Zj\^m^ icj;]mq hj`pbj `] bBp[ _c]`] mf tief j[d\dm^ m[fB @îbf^ [ffZB]:êd^ îmq [^\q j b]:\f_f d` []i b]b Jfcj;b] gf g][ [ Zf_]mpa \[fB^l f @^h B]eq;^ hf_c] cd;q h^@m]mq [f ie^ BfZbf fih]mBd[]^mit gf imfBfe]h Efm fe] @^_f mf digj_]c]iq [fm @^h mf [findmdc]iq [fm ZîimB];ef gfZ^ :]c] [fm [e^`]gef fim]ef[dc]iq Ymf l^c]t ilê] [ bfmfBfa B]`[fB] @d[]^mit Zf_]mpa d icf:epa fZB]` _^Bfded Z]c^m] ] e^ gBfimf m]e^l `[j@]rda e] Z]cj

V^g^Bq [mfBfa []cqi d` mf_f :^ Z]c^m] Jfcj;b] [g^B[p^ [ :dèd gfetc] @mf fe] [f[i^ e^ `fcj;b] ] m]b]t :^ \^[j;b] b]b d [i^ \Bj_d^ ^^ i[^Bimedlp @mf â \fimjgef m] bf^ :^ i@]imq^ b]b d dh [i^h M [fm `]\pn]tiq fm B]\fimd fe] [fimfB :êef jimB^hdc]iq e][imB^@j i[f^ hj i@]imqA Ymfm []cqi mf:^ e^ gf nf: e] fZp@epa Z]cqepa m]e^l 4 smf [^B;de] [ B]`[dmdd fZB]`] Jf cj;bd M e]bfe^l []cqi d` 3Efaep d hd B]6 Ymf mf:^ e^ fZp@epa Z]cqepa []cqi Ymf g^B[]t [imB^@] N]m];d >fimf[fa i Ge\B^^h Dfcbfeibdh Ep gfhedm^ imBfbd Vfcimf_f f mfh b]b 3i nfB B]`\]cdiq fm@^mcd[p^ fimf Bf:ep^ d j[c^b]m^cqef h^Bep^ `[j bd []cqi]6 b]b gf\f;^c Ge\Bâ b N]m];^ 3`]efit Bjbj @mfZp fZetmq ^^ m]cdA ^r^ gB^:\^ @^h fe \f_f[f Bdc gBd_c];êd^ e] m]e^l6 d b]b cdlf N]m];d 3_fmf[f^ e] fm@]ted^ d e] [fimfB_ [\Bj_ fi[^mdcfiq i@]i mcd[fA Zc]_f\]BefA \^mibfA jcpZbfa6 < jZ^:\ê @mf b]:\pa bmf nfmq B]` jicp;dm []cqi PBfbf kq^[] e^ ihf:^m j:^ fm\^cdmq gf smd@eâ;d^ imBfbd mfcimf[ibf_f Bf h]e] fm [fc;^Zef gB^bB]iepn `[j bf[ gBfbfkq^[ibfa h^cf\dd RêmtZBq _

E ? D H A = A 6

" ," #-, & + " !$ Qef_fj[]:]^hpa FhdmBda DfBdif[d@ E e];^h _fBf\^ ijrîm[j^m _fBf\ibfa Qfcf\^:epa bcjZ bfmfBpa fZo^\det^m m[fB@îbjA hfcf\^:q KjaZp;^ [] 4 ]Bmdimf[ hj`pb]emf[ ]Bndm^bmfBf[ gfsmf[ j@êpn de:ê^Bf[ Pf dedld]md[^ Qfcf\^:ef_f bcjZ] [ _fBf\^ gBf[f\dmit bfebjBi E];^_f dhêd 4 bfebjBi gd]edimf[ digfced m^câ Qp gBf[f\dh bfebjBi dhêd F K]Z]c^[ibf_f gfmfhj @mf i@dm]^h E]i cj@;dh hfcf\^:eph bfhgf`dmfBfh e]gdi][;dh \ct e]i `]h^@]m^cqep^ gBfd`[^\êdt PfgjctBefimq bfebjBi] e]imfcqbf [^cdb] @mf [ _fBf\^ e^[f`hf: ef gBdfZBîmd efmp E];dn gBfd`[^\êda Qp gBfidh E]i gBdijmim[f[]mq e] `]bcA@dm^cqefh mjB^ bfebjBi] )9 @=BIA6 @ 79=57>F6 'C:3H 74B;?8? 8? ?5B;?8? A?<?57 >?8? ;<C36 ! '<=A?46 " '636<74B;?AC 'C:3H 74 ?;FL3 L 8 FfBf_fa mf[ Kcdhf[ Pdiqhf E];^ t gfcj@dc d gB^:\^ [i^_f nf@j ib]`]mq i^B\^@ef^ ig]idZf E]h d [i^h mf[]Bdr]h 4 dedld]mfB]h d fB_]ed`]mfB]h bfebjBi] bfmfBpa Ep e]`[]cd hfdh dhê^h < _cjZfbf lêA E];^ \fZBf^ fmef;êd^ b hfâ hj`pb^ 4 @mf hf:^m gBdeîmd Zfcq;jA B]\fimq d j\f[ c^m[fBêd^ [ e];â B]Zfm^ @^h m]bf^ fmef;êd^ Onfmef gBdedh]A E];^ gBd_c];êd^ Kfe^@ef îmq ihpic g^Bêîmd e] smf [B^ht d hfa ][mfBibda bfel^Bm e]h^@êepa e] h]Bm E i[t`d i smdh j hêt [fèdbc] [fm b]b]t d\^t gfibfcqbj \ct [i^n j@]im edbf[ bfebjBi] fZt`]m^cqef digfceêd^ hf^_f _f 3Qf cf\^:ef_f6 kfBm^gd]eef_f bfel^Bm] e^cq`t cd i\^c]mq m]b @mfZp cj@;da digfcedm^cq smf_f if@deêdt [pimj gdc [ b]@îm[^ ifcdim] [ hf^h bfel^Bm^ < f@êq cAZcA bf_\] [ hfdn bfel^Bm]n j@]im[jAm if[i^h Aep^ ifcdimp \] d \ct 3c]jB^]m]6 [^Bftmef dem^Bîef Zj\^m [pimjgdmq [hîm^ i ][mfBfh KBfh^ mf_f m]bdh gjm^h j\]imit e^ mfcqbf nBfefcf_d@îbd ef d gf ijrîm[j fZo^\dedmq [ b] bfa mf h^B^ hfa bfel^Bm i [];dh bfebjBifh " '636<74B;=: ! '<=A?4C -?B;46 ?;FL3 L 8 Pdiqhf E];^ gBdeîcf e]h f_BfhejA B]\fimq d ^r^ B]` gf\m[^B\dcf f_BfhejA cAZf[q bfmfBjA Ep gdm]^m^ b e]h 4 hfcf\^:d V]bf^ fm^@îbf^ fmef;êd^ b hfcf\fhj gfbfcêdA b]b E];^ gBdefidm f_BfhejA gfgjctBefimq m^h bmf gfi[tr]^m i[fA :dèq [figdm]edA hfcf\^:d E]; gBd^`\ d cd@ef^ fZrêd^ i @cê]hd _fBf\ibf_f hfcf\^:ef_f bcjZ] Zj\^m icj:dmq gBdh^Bfh \âim[dm^cq ef Zfcq;fa \Bj:Zp hfcf\^:d i e];dhd cj@;dhd bfhgf`dmfB]hd Qp E]i f@êq :\^h b e]h [ _fimd E];d `]h^@]edt gf gBf[^\êdA bfebjBi] fb]`]cdiq \ct [i^n e]i eîbfcqbf e^f:d\]eephd Qp mfcqbf h^@m]cd @mfZp cj@;da digfcedm^cq E];^_f _f kfBm^gd]eef_f bfel^Bm] [pimjg]c [ E];^h ][mfBibfh bfel^Bm^ Ep :^ i]hd gB^\c]_]^m^ smf FdB^bmfB d nj\f:îm[êepa Bjbf[f\dm^cq kdc]Bhfedd i j\f[fcqim[d^h [bcA@]Am smf [ gBf_B]hhj E];^_f ][ mfBibf_f bfel^Bm] ! '<=A?4 " '636<74B;?AC 'C:3H 74 ?;FL3 L 8 \^b]ZBt [ @]if[ jmB] [ `]c^ hj`pb]cqef_f j@dcdr] fmbBp[]^mit bfebjBi gd]edimf[ dhêd F D K]Z]c^[ ibf_f fB_]ed`f[]eepa KjaZp;^[ibdh Qfcf\^:eph bcjZfh if[hîmef i IfBf\ibdh bfhdm^mfh bfhifhfc] )9 8697FH !?< B;=: ;?AB?A?<7E

57;63 L 8 E bfebjBi^ j@]im[f[]cf hfcf\pn digfcedm^ct d` KjaZp;^[] ] m]b:^ _fimd d` K]`]ed d Scqtef[ib] P^B[f^ h^imf B]`\^cdcd \[^ N]m];d 4 R][def[] d 9]m]cf[] )9 8697FH !?< B;6L ;?AAC>6

L>46 L 8

3KfebjBi [f[c^b]^m hj`pb]cqep^ ;bfcp d j@dcdr] [ è]@dm^cqef Zfc^^ ;dBfbjA ik^Bj fZrîm[êef_f [edh] edt @^h m] [ bfmfBfa fed fZp@ef :d[jm d B]Zfm]Am PBfdinf\dm fZij:\êd^ d_Bp Aepn hj`pb]emf[ dn g^\]_f_]hd if[hîmef i bfcc^_]hd d @cê]hd :ABd fZhê heêdthd gf []:eâ;dh [figdm]m^cqef g^\]_f_d@îbdh gBfZc^h]h 6 " '636<74B;=: 4 @7 6F= ? 9656 6G ;?>;C B6 ;Q\RaVX 7\Xa3Xh 5Z3X]ZOX1Q YQ [ZWhb VZYV^3]Ydb [3ZS3Q\\ 3QTYdb WRa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ct K]Z]c^[ibf_f6 m]b e]`[]c] gBîi] \ed gBd^`\] FhdmBdt DfBdif[d@] [ KjaZp;^[ e] bfebjBi 4 e^\^ct e]gBt:êef_f mBj\] FhdmBdt DfBdif[d@] [imB^@]cit i bfcc^bmd[]hd hj`pb]cqepn d fZr^fZB]`f[]m^cqepn ;bfc j@dcdr [j`f[ bcjZf[ d \[fBlf[ bjcqmjBp j@]im[f[]c [ \digjm]n ] m]b:^ [ B]Zfm^ :ABd d 3h]cf_f6 bfebjBi] i[f ^_f dhêd bfmfBpa gBf[f\dcit [ a ;bfc^ KjaZp;^[] [ m^ :^ \ed Aa3dOZV XT [X]e\Q 7 5 =QNQWRO]VZSZ ^1Q]aYXVQ\ +R]aZSZ VZYV^3]Q 3 9îmq bfebjBif[ 4 smf j:^ mB]\dldt VB]\dldt e]imftr]t jimfa@d[]t M t fm [iâ \j;d nf@j ib]`]mq ig]id Zf i[fdh bjaZp;^[ibdh \Bj`qth `] mf @mf gBd[c^bcd hêt b smfhj bfebjBij bB^gbf i[t`]cd i edh Qêt f@êq B] \j^m @mf _f\ fm _f\] B]im^m @dicf j@]imedbf[ Pf[fc:ibf_f bfebjBi] d mf @mf _f\ fm _f\] [f`B]im]^m jBf[êq dn gBf kîidfe]cqefa gf\_fmf[bd Ymf [f[i^ e^ fè]@]^m @mf B]eq;^ d_B]cd nj:^ ] m^g^Bq im]cd d_B]mq cj@;^ >]Zfm] :A Bd if [B^hê^h im]ef[dc]iq [i^ mBj\e^^ d mBj\e^^ gfmfhj @mf j[^cd@d[]cfiq @dicf gB^mê\êmf[ e] g^B[p^ hîm] N] gtmfh bfebjBi^ hp j:^ gBfid\^cd @jmq e^ \f i^B^\dep ef@d gfb] gBd;cd b ^\def\j;efhj B^;êdA K]b Zp e^ gBd;cfiq :ABd epe^;e^_f _f bfebjBi] gBfid\^mq \f jmB] PBdè]mqit t Zpc Zp B]\ smfhj Qf:^m Zpmq smf d e^ f@êq _jh]eef \]:^ :îmfbf gf fmef;êdA b hfdh \Bj`qth 4 @cê]h :ABd [ @]imefimd b gBfkîifBj Qdcq ;mâej bfmfBpa cAZ^èf if_c]idcit `]hêdmq hêt [ b]@îm[^ gB^\i^\]m^ct :ABd `] @mf t ^hj i^B\^@ef Zc]_f\] Bê ef `]mf smf Zj\^m B]\fimeph gBdè]bfh gf\o^h] Pf[fc:ibf_f bfebjBi] ^r^ e] f\ej imjgêqbj [p;^ R[fdh j@]imd^h [ bfebjBi^ [p Aep^ hj`pb]emp \^c]^m^ g^B[p^ ;]_d gf gB^bB]iefhj gjmd dibjiim[] smf 4 g^B[p^ ;]_d b mfhj @mfZp im]mq e^gfiB^\im[êephd m[fBl]hd bjcqmjBp i[f^_f e]Bf\] 6 0RPQV`Xh ,^3YQWQ

& & + ! 0+$+ $# ( ' =Q]ehYZOQ ? 8 DaQaeh [3Z_R]]Z3Q DBHE TQ]W^,RYYZSZ PRhaRWh X]V^]]aO 0F 1WRYQ DZ2TQ VZ\ [ZTXaZ3ZO 0Z]]XX [Z]OhfRYQ R,RSZPYZ\^ 6]R3Z]]XU]VZ\^ VZYV^3]^ \ZWZPdb \^Td VQYaZO X\ 7 5 =QNQWRO]VZSZ O S DQ\Q3R BZP3ZNYZ Z[X]QYQ X]aZ3Xh RSZ OZTYXVYZ ORYXh 3QTOXaXh X [3ZORPRYXh [R3R1X]WRYd X\RYQ RSZ [R3Odb ^]a3ZXaRWRU ^1Q]a YXVZO 1WRYZO ,23X ' OdPQ2fXb]h VZ\[ZTXaZ3ZO [XQYX]aZO X [RPQSZSZO [3XYhO -Xb g]aQ_Ra^ 7 5 =QNQWRO]VZSZ X VZYR1YZ ,R Z]ZNZR \R]aZ ^PRWRYZ WX1YZ]aX X aOZ31R]aO^ ]Q\ZSZ 7 5 =QNQWRO]VZSZ VZaZ3dU [3XYX\QW YR[Z]3RP]aORYYZR ^1Q]aXR O ]ZTPQYXX X [3ZORPRYXX gaZSZ VZYV^3]Q 1eR X\h ZY YZ]Xa

:dèq hf^_f gfbfcêdt FhdmBda DfBdif[d@ K]Z]c^[ ibda [f;^c i[fdhd gîethd fg^Bfa 3R^hqt V]B]i]6 b]em]mfa 3Pîet jmB] [îep d hdB]6 S\d[d m^cqef^ i[faim[f ^_f hj`pbd 4 gBd ijmim[d^ :d[fa demfe]ldd bfmfB]t hfhêm]cqef gf\n[]mp[]c]iq `]gf hde]c]iq 4 ^^ gBfimf nfm^cfiq g^mq PfheA b]b gfic^ gB^hq^Bp fg^Bp 3R^hqt V]B]i]6 [ e];^h m^]mB^ kB]_hêmp d` e^^ B]ig^[]cdiq B] `p_Bp[]cdiq @jmq cd e^ [ b]:\fh bc]ii^ hj`pb]cqef_f j@dcdr] G gfmfh bf_\] [ gB][cêdd IQK gft[dc]iq hpicq f:d[dmq hj`p b]cqejA :dèq _fBf\] e^ dhÂr^ _f bfei^B[]mfBdd i\^c]mq KjaZp ;^[ lêmBfh Zfcq;f_f nj\f:îm [êef_f ifZpmdt Mht bfhgf`dmfB] igfifZef_f gf\\^B:]mq d\Â bfe bjBi] Aepn gd]edimf[ [fèdbcf i] hf ifZfa 4 bfe^@ef FhdmBda DfBd if[d@ K]Z]c^[ibda H_f \Bj:Z] i ]Bm^bf[l]hd hj`pb] fZB]rêe]t b \^mth d Aef;îm[j gBfi[^mdm^cqi b]t hdiidt e]bfe^l ^_f j[c^@ê efimq fm`p[@d[fimq f_Bfhe]t \fZ Bfm] d r^\Bfimq i^B\l] mf_\] j:^ Zpcd d`[îmep hef_dh Qp Zpcd j[^Bêp @mf FhdmBda DfBdif[d@ gBfimf gBd`[]eepa fmbBp[]mq Aep^ \]Bf[]edt e^ fmb]:^m e]h [ i[fâ gf\\^B:b^ M hp e^ f;dZcdiq Om[^mfh Zpcd icf[] 3Wf@j ib] `]mq i^B\^@ef^ ig]idZf [i^h mf[] Bdr]h dedld]mfB]h bfebjBi] bf mfBpa [p e]`[]cd hfdh dhê^h < _cjZfbf lêA [];^ \fZBf^ fmef;^

ed^ b hfâ hj`pb^ R j[]:êd^h 4 E]; F D K]Z]c^[ibda6 N]`f[^h m^n bmf Zpc e^gfiB^\im[êeph j@]imedbfh fijrîm[cêdt smfa ]b ldd gB^`d\êm IQK Et@îc][ Kcdhf[ [dl^ gB^`d\êm GBmjB X^BZ]b @cêp gB][cêdt Mi]a Td;_fam D^c] LdZ^B I]cde] R^B^ \dlb]t Mee] K]iqtef[] E]cêmde] EfBfef[] DfBdi C^Bep;^[ \fbj hêm]cdimp kfmf_B]kp Y\j]B\ F^ edif[ Ec]\dhdB RpBfhtmedbf[ Ec]\dhdB Hh^l d \Bj_d^ EfbBj_ bfebjBi] im]c] igc]@d[]mqit Zfcq ;]t _Bjgg] cA\â j[c^@êepn d\^ â gBfi[^mdm^cqim[] N]@de]t i @^m [^Bmf_f bfebjBi] OZc]imef^ jgB][ cêd^ bjcqmjBp gf`:^ 4 F^g]Bm] hêm bjcqmjBp G\hdedimB]ldd fZ c]imd d hj`pb]cqef^ j@dcdr^ [`t cd e] i^Zt fB_]ed`]ldA gBf[^\êdt bfebjBi] hfcf\pn gd]edimf[ Pf [fc:qt dhêd F D K]Z]c^[ibf_f >]i;dBtcit d bBj_ \^tm^cqefimd FhdmBdt DfBdif[d@] [ e];^h _fBf \^ M L Td;_fam B]Zfm][;da mf_ \] [ ;bfc^ = \dB^bmfB H Kef ndef[ fB_]ed`f[p[]c m[fB@îbd^ [imB^@d j@]rdnit i bfhgf`dmfB]hd Pfibfcqbj gBd ;bfc^ B]Zfm]c] nf Bf[]t imj\dt m^g^Bq nfBf[]t ;bfc] = [ mB]\dldA [f;cd i[f^fZ B]èp^ hj`pb]cqep^ fm@^mp B^Ztm g^B^\ edh [^cdbdh hj`pb]emfh d \fZBph S@dm^c^h N^ icj@]aef FQ9 = _\^ \dB^bmfBfh [ mf [B^ht Zpc] L R^B^\dlb]t m^g^Bq efidm dht F D K]Z]c^[ibf_f E b]:\pa i[fa gBd^`\ [ R]h]Bj

FhdmBda DfBdif[d@ fZt`]m^cqef gBdnf\dc [ smj ;bfcj e] hded bfe bjBi ^_f dhêd gBdim]cqef ic^\dc `] hj`pb]cqeph Bfimfh \^mâ Fct edn fe [i^_\] Zpc Zfcq;dh \Bj_fh i bfmfBph hf:ef Zpcf fZij\dmq [i^ [fgBfip [fcejArd^ Aepn hj`p b]emf[ EmfBfa mjB bfebjBi] gd]edimf[ gBfnf\dc [ `]c^ hj`pb]cqef_f j@d cdr] N^gBdej:\êef^ fZrêd^ i j@]imedb]hd bfebjBi] d dn g^\]_f _]hd bfel^Bmp d fZij:\êdt [p imjgcêda B]iib]`p bfhgf`dmfBf[ fZ fZt`]m^cqepn gBfd`[^\êdtn [bcA@êepn [ gBf_B]hhj dn B]`ZfB if`\][]cd fifZjA ]mhfik^Bj gB^ Zp[]edt [ hdB^ [pifbf_f dibjiim[] d e][i^_\] fim]ejmit [ g]htmd hj `pb]emf[ M e]bfe^l hj`pb]cqepa k]bjcqm^m g^\]_f_d@îbf_f deimd mjm] epe^ 4 Meimdmjm nj\f:îm [êef_f fZB]`f[]edt RIPS WfBf[p^ bfcc^bmd[p gBdedh]cd j@]imd^ [ ][mfBibdn bfel^Bm]n F D K]Z]c^[ibf_f P^\]_f_d [pgjibed bd d imj\êmp k]bjcqm^m] ]bmd[ef [bcA@dcdiq [ ]gBfZ]ldA gBf_B]h hp 3Qj`pb]6 [ fZr^fZB]`f[]m^cq epn ;bfc]n e];â fZc]imd Qp [hîm^ i FhdmBd^h DfBdif[d@^h 3g^B^nf\dcd6 d` bc]ii] [ bc]ii PBf ;cf _f\] i mf_f \et S:^ ifimftc it \[]\l]mpa bfebjBi Fîtmq d` edn ;cd gBd e^gfiB^\im[êefh j@]imdd FhdmBdt DfBdif[d@] i^hq 4 gf\ gB^\i^\]m^cqim[fh Zfcq;f_f \Bj_] K]Z]c^[ibf_f c]jB^]m] h^:\je] Bf\epn bfebjBif[ J]icj:êef_f

IfBf\ibfa hj`pb]cqepa bcjZ [ KjaZp;^[^

]Bmdim] >fiidd Gc^bi^t IBd_fBq^ [d@] Rb][Bfeibf_f Efi^he]\l]mpa [f`_c][ctc R^B _â Qdn]acf[d@ Rcfedhibda [p \]Ardait bfhgf`dmfB d gd]edim gBdet[;da sim]k^mj F D K]Z]c^[ ibf_f [ Gb]\^hdd g^\]_f_d@îbdn e]jb E :ABd \^[tme]\l]mf_f d \[]\l]mf_f bfebjBif[ [nf\dcd m] bd^ hj`pb]emp b]b gBfkîifB] G Q V]B]b]ef[ d M Q 8jBde] bfh gf`dmfBp G E C]abf[ibda L M Ij B^[d@ E ifim][ :ABd gB^:edn bfe bjBif[ [nf\dcd [^\jrd^ g^\]_f_d gd ]edimp < M Qdcq;mâe Q M IBde Z^B_ D R Q]B]el M M K]l M G Ij Z]a\jcde] G Q V]B]b]ef[ E G Rmf cf[ D G Rmfcf[ D G Ifcq\k^\^B G F TB]eb I D KBpcf[ G G VBd kfef[ L G QjB][q^[] H F Gc^bi^ ^[] hj`pbf[^\p G E T^B^ > E Ic^ `^B L M Qdn^^[] Rfcc^Bmdeib]t bfhgf`dmfBp G Q D]c]e@d[]\`^ G M PdBjhf[ G I TctBbf[ibda Q Q RbfBdb ? G L^[dmde H M Pf\ _]al V I RhdBef[] G E C]abf[ ibda Ymf e^ gBfimf g^B^@dicêd^ dhê 4 `] b]:\fa k]hdcdâ imftm ][mfBibd^ bfel^Bmp fmbBpmp^ jBf bd c^bldd N] [iA :dèq `]gfhed cdiq bfel^Bmp d` ife]m D^mnf[ê] Q]Bdd M`B]dc^[ep IBdeZ^B_ fe] mf_\] _fmf[dc] dn b `]gdid [ kdBh^ 3Q^cf\dt6 G [pimjgcêdt Gc^b i]e\B] M_fB^[d@] R]l] [ `]c]n g^ \deimdmjm] d hj`pb]cqef_f j@dcd r] H_f RbBtZde 9jZ^Bm 9fim] bf[d@ e]\fc_f `]gfhedcdiq m^h bmf gBdijmim[f[]c e] smdn bfel^Bm]n G h]im^B bc]iip Qdcq;mâe] TB]e b] Q]B]el Zî^\p j Bftct Rb][ Bfeibf_f c^bldd Rcfedhibf_f R]hp^ fZp@ep^ h^mf\d@îbd^ B]`ZfBp digfceêepn j@]imedb]hd bfebjBi] gBf_B]hh Zpcd i^Bq^` eph jBfbfh d \ct g^\]_f_f[ d \ct B^Ztm 4 [^\q bfebjBip [pt[dcd fif Zêefimd gd]edimd@îbfa ;bfcp _fBf\f[ dhÂrdn bfei^B[]mfBdd K]`]ed IfBqbf_f R]B]mf[] Nf[f idZdBib] GimB]n]ed [p\^cdcd [^ \jrdn g^\]_f_f[ _fBf\f[ e^ dhÂ rdn hj`pb]cqepn [j`f[ E e];^h _fBf\^ gf \fimfdeim[j Zpcd flêêp g^\]_f_d@îbd^ `] icj_d L G QjB][q^[fa V P VB^ mqtbf[fa L E P]Bkêf[fa Q N J] _]\bdefa N^ icj@]aef e] gfic^\ edn bfebjBi]n [hîm^ i c]jB^]m]hd

j@êdb]hd gfcj@]cd \dgcfhp d dn g^\]_f_d K 9];bde] K]`]eq I W]b]ef[] N]Z^B^:ep^ C^cep E Rfak^B R]h]B] G Gemdgf[ KjBib >]i;dBdc]iq d _^f_B]kdt bfebjB i] Hicd [ _f\j e] gBd_c];êd^ g^B[phd fmbcdbejcdiq Scqtef[ib d K]`]eq mf [ @^mpBe]\l]mfh bfebjB i^ j:^ gBdedh]c] j@]imd^ gd]edimb] d` _fBf\] Rm]B] J]mfBp Dfc_]Bdt Qdcê] Gc^bi]e\Bf[] ] e] i^he]\ l]mpa io^n]cdiq j@]imedbd d` _f Bf\f[ iB^\d bfmfBpn Zpcd Nf[fid ZdBib P^Bhq P^mBfg][cf[ib K]h @]mibda K]cj_] EfBfe^: PB^\gfi c^\eda \^[tme]\l]mpa j:^ gf gB] [j gBdfZB^c fkdld]cqef^ e]`[]ed^ 3Ei^Bfiidaibda6 k]bmd@îbd \][ef [pgfcett smj Bfcq FfZ][dcdiq d efhde]ldd bfebjB i] N] \^[tme]\l]mfh [g^B[p^ gBd edh]cd j@]imd^ d hj`pbf[^\p E ifim][^ :ABd Zpcd G C]abf[ ibda gB^\i^\]m^cq N Q]Bmpef[ R]ebm P^m^BZjB_ I E\f[de R] B]eib Q L^[tem d K Yibde] R] h]B] N] \[]\l]mfh Zpcd [bcA@^ ep [ gBf_B]hhj ^r^ d [fb]cdimp 8ABd ]b]\^hd@îbf_f ifcqef_f gêdt [f`_c][dc] N]Bf\e]t ]Bmdi mb] >fiidd M 8jBde] Qfib[] E ifim][ :ABd [i^n efhde]lda e] Bt\j i gB^\im][dm^cthd hfibf[ ibdn i]ebm g^m^BZjB_ibdn i]B] mf[ibdn hj`pb]emf[ 4 E D Nfid efa Q V >]bj L T V]hjc^[d@ 4 [cdcdiq ef[p^ j@]imedbd gB^\i^ \]m^cq SB]cqibfa fB_]ed`]ldd Rf A`] bfhgf`dmfBf[ >fiidd `]icj:ê epa \^tm^cq dibjiim[ >T L^fed\ Mfidkf[d@ IjB^[d@ d gBfkîifB Hb]m^BdeZjB_ibfa bfei^B[]mfBdd N]Bf\e]t ]Bmdimb] >T Q]B_]Bdm] I^fB_d^[e] Ec]\dhdBf[] E i[f^ [B^ht gf\[f\t dmf_ f@^ B^\efhj bfebjBij gB^\i^\]m^cq :ABd G I Rb][Bfeibda ib]`]c 3Ymfm bfebjBi \]^m gfcejA b]Bmdej ifimftedt gd]edimd@îbf_f fZB]`f []edt [ f@êq Zfcq;fh B^_dfe^ imB]ep6 N]; bfebjBi f@êq \fZBpa Oief[e]t ^_f `]\]@] 4 gf\\^B:]mq hfcf\pn hj`pb]emf[ [pt[d[ i] hf^ lêef^ [ dn \]Bf[]edd gBf kîidfe]cqefa gf\_fmf[b^ e]bf e^l [ n]B]bm^B^ N^ icj@]aef gf hdhf mB]\dldfeepn e]_B]\ gft[d

cdiq gB^hdd 3J] fBd_de]cqepa gf\ZfB B^g^Bmj]B]6 ^^ gfcj@dc] e];] N]m];] F^hde] 3J] hj:îm [f d [fcA6 Lê] Dfb]B^[] d` K]cd ede] mt:^cf Zfcqe]t [p;c] b fB bîmBj e] mB^mq^h mjB^ 3J] gBft[ cêepa m[fB@îbda \]B6 N]`dt Hedb^^[] d` K]`]ed digfcedc] i[fd if@deêdt Ymfm bfebjBi e^ mfcqbf igfifZim [j^m gf[p;êdA gBfkîidfe]cqef _f jBf[et ef fe ]bmd[ef gBfZj:\] ^m :^c]ed^ i]hdh if@detmq hj`pbj N^ icj@]aef j@]imedbd bfebjBi] i] h]Bibd^ bfhgf`dmfBp L^fed\ Efn htede Et@îc][ 9^[^B\de IBd_f Bda T]ae 4 Zpcd ][mfB]hd fZt`] m^cqepn bfebjBiepn if@deêda Rg^ld]cqef e]gdi]cd i[fd if@de^ edt F K]Z]c^[ibda G L]abf[ibda G PdBjhf[ Q RbfBdb I Pf\_]al 3N]; bfebjBi fifZêepa 4 jm[^B :\]c FhdmBda DfBdif[d@ 4 [ e^h e^ Zp[]^m gBfd_B][;dn Oe b]b `^Bb] cf f@êq fZo^bmd[ef fmB]:]Ar^^ \fimfdeim[] d e^\fim]mbd gfcf:d m^cqep^ d fmBdl]m^cqep^ imfBfep [ hj`pb]cqefh [figdm]edd E smfh bfebjBi^ \âim[dm^cqef e^ Zp[]^m gBfd_B][;dn gfibfcqbj fZrêd^ i j@]imedb]hd dn g^\]_f _]hd @cê]hd :ABd B]Zfm] i m]bd hd \dBd:^B]hd b]b R F Fj\bde I P PBf[]mfBf[ R R T^cq\h]e I E D^ct^[ D E Dêbf_êf[ Q G X^BZ]bf[ g^B[]t [f`hf:ef [imB^@] i idhkfed@îbdh fBbîm Bfh 4 [i^ smf d\^m [ `fcfmfa `]g]i j@êd@îbdn c^m bfmfBpa \]^m [ \]cqeâ;^h i[fd gcf\p V^g^Bq iB^\d @cêf[ :ABd 4 Zp[ ;d^ c]jB^]mp KfebjBi] dh F D K] Z]c^[ibf_f N]m]cqt 9]m]cf[] T]ae Ocq_] 9]m]cf[] M[]ef[] L^fed\ Efnhtede Hcê] Gc^bi^^ [] J[]ed^ c]jB^]m] Q^:\je]Bf\ef _f bfebjBi] gfcj@dc R^B_â J]_]\ bde >]Zfm]Am [ [j`]n d j@dcdr]n gd]edimp `] bfmfBpn hp 3Zfc^cd6 [f [B^ht bfebjBif[ P^B^\ 9împh bfebjBifh [ kd c]Bhfedd ifimftcit dem^Bîeâ ;da bfel^Bm [ bfmfBfh [pimjgdcd c]jB^]mp gtmd gB^\p\jrdn bfebjB if[ Wfm^cfiq Zp ifZB]mq [ R]h]B^ c]jB^]mf[ [i^n \[]\l]md bfebjBif[ V]bfa m[fB@îbda fm@^m Zpc Zp cj@;dh fm[^mfh e] [fgBfi 3J]@^h IQK `]m^tc smfm bfebjBi 6

%! # + $ " ' + B3ZV^PXYQ : 6 >QTQY1XYQ 8 6 A]YZOYQh aR\Q ]aQaeX ' X]aZ3Xh ]ZTPQYXh X ]aQYZOWRYXh %\QWZSZ( BZOZW,]VZSZ VZYV^3]Q \ZWZPdb X][ZWYXaRWRU VZaZ3dU R,RSZPYZ [3ZOZPXa]h O S DQ\Q3R ZPYZ O3R\RYYZ ] 6]R3Z]]XU]VX\ VZYV^3]Z\ \ZWZPdb \^TdVQYaZO X\ 7 5 =QNQWRO]VZSZ 8OaZ3d ]aQaeX ]Za3^PYXVX 7C+ / X\ 7 5 =QNQWRO]VZSZ : 6 B3ZV^PXYQ ' PX 3RVaZ3 ;Q]W^,RYYdU 3QNZaYXV V^Wea^3d 0F 8 6 >QTQY1XYQ [3R[ZPQOQaRWe ^PR Wh2a Z]ZNZR OYX\QYXR WX1YZ]aX 7 5 =QNQWRO]VZSZ NRT YR[Z]3RP]aORYYZSZ ^1Q]aXh VZaZ3ZSZ YR ]\ZSWX Nd [ZhOXae]h YQ ]ORa X ^][R-YZ ]^fR]aOZOQae \YZSXR SZPd YX ZN]^,PQR\dU VZYV^3] YX ]Q\Q 7C+ / SPR O[R3OdR VZYV^3] [3Z-RW O S X [3ZOZPXa]h [Z ]RU PRYe %<696 4 8<696 BF?<;>C<=BI @?;?<7>IL ) @?95? ?46<=BI ;6; BF6 H7 5 C9IL & md imBfbd Q R[^mcf[] bfmf Bp^ F D K]Z]c^[ibda gfim] [dc [ b]@îm[^ sgd_B]k] b i[f^hj if@deêdA 3>^@dm]md[ d Bfe\f6 e]gdi]eefhj \ct Pf[fcf: ibf_f bfebjBi] Aepn gd]edimf[ mf@ef d ^hbf fmB]:]Am m[fB@îbf^ d :dèêef^ bB^\f i]hf_f FhdmBdt DfBdif[d@] 4 bfhgf`dmfB] g^\]_f_] d @^cf[^b] 3R]hph cAZdhph d \fBf_dh d` [i^_f @^h t [ i[fâ :dèd `]edh]c it Zpc] B]Zfm] \ct \^mâ d i \^mq hd Ymf hft i]h]t Zfcq;]t B]\fimq i]hf^ Zfcq;f^ i@]imq^ smf hfa hdB6 4 m]b gdi]c d m]b :dc K]Z]c^[ ibda R _fBt@dh j@]imd^h fmbcdb ejcit fe [ _f\j e] gB^\cf:êd^ bjaZp;^[ibf_f IfBf\ibf_f hfcf \^:ef_f bcjZ] fB_]ed`f[]mq bfebjBi hfcf\pn gd]edimf[ Pf[fc:qt FhdmBda DfBdif[d@ Zpc e^d`hê eph gB^\i^\]m^c^h :ABd j@]im[f []c [ fB_]ed`]ldfeefa B]Zfm^ ig^ ld]cqef if`\][]c gBfd`[^\êdt d gBd[c^b]c \Bj_dn if[^mibdn bfhgf `dmfBf[ b e]gdi]edA if@deêda \ct smf_f ifB^[ef[]edt N] gBfmt:êdd hef_dn c^m fe Zpc Bjbf[f\dm^c^h d dimdeeph [\fnef[dm^c^h smf_f bfe bjBi] gfsmfhj i _f\] Pf[fc: ibda bfebjBi efidm [ mdmjc^ ^_f dht Ymf e^ gBfimf bB]id[p^ icf[] ] \]eq Zc]_f\]Befimd _fBf\] [p\]A r^hjit \^tm^cA Bfiidaibfa bjcqmj Bp 4 bfhgf`dmfBj g^\]_f_j d gBf i[^mdm^cA

KfebjBi smfm Zpc jedb]cqeph Oe Zpc g^B[ph d \fc_f^ [B^ht ^\deim [êeph [ imB]e^ Aef;îbdh bfe bjBifh gd]edimfh Oe Zpc gBd`[]e \]mq [f`hf:efimq hfcf\ph m]c]e m]h d` gBf[deldd i\^c]mq i^Bq^èpa ;]_ e] gjmd if[^B;êim[f[]edt i[f ^_f h]im^Bim[] jicp;]mq d_Bj i[fdn i[^Bimedbf[ ip_B]mq i idhkfed@î bdh fBbîmBfh e] Zfcq;fa kdc]B hfed@îbfa ilê^ Ef`B]im j@]imed bf[ Zpc f_B]ed@ê _f\]hd [ B^ `jcqm]m^ @^_f [ e^h hf_cd j@]im[f []mq ;bfcqedbd im]B;dn bc]iif[ d j@]rdît hc]\;dn bjBif[ j@dcdr E \^b]ZB^

_f\] [ _ R]h]B^ if imftcit AZdcâepa Ei^Bfiida ibda bfebjBi hfcf\pn hj`pb]emf[ dhêd F D K]Z]c^[ibf_f gf efhde] ldth kfBm^gd]ef bfhgf`dldth ifcqep^ gîed hj`pbf[^\êd^ Pfim^gêef bfebjBi im]ef[dmit [i7 Zfc^^ hef_fkjebldfe]cqeph i[f^fZB]èfa m[fB@îbfa ;bfcfa ihfmBfh \fimd:êda e^ mfcqbf hf cf\pn hj`pb]emf[ ef d dn g^\]_f _f[ E e]imftr^^ [B^ht 4 smf digfc edm^cqibda kfBjh i fB_]ed`]ldâ g^\]_f_d@îbdn bfek^Bêlda i^hd e]Bf[ h]im^B bc]iif[ bfel^Bmf[ @cêf[ :ABd B]èffZB]èpn m[fB @îbdn [imB^@ Ymfm bfebjBi gBd[c^b]m^cê ^r^ d m^h @mf ^_f fief[efa `]\]@â [i^_\] Zpcf gf[p;êef^ [edh]ed^ b hfcf \ph \]Bf[]edth B]`[dmdA dn gBf kîidfe]cqefa bjcqmjBp

M bfe^@ef :^ cd@efimq i]hf_f FhdmBdt DfBdif[d@] 4 bBjgeâ;^_f bfhgf`dmfB] fZrîm[êef_f \^tm^ ct sBj\dBf[]eef_f hj`pbf[^\] m] c]emcd[f_f c^bmfB] è]mfb] sim^md @îbf_f [figdm]edt f\]Bêef_f gd] edim] [i^_\] Zpc] f@êq gBd[c^b] m^cqefa K]Z]c^[ibda d hfcf\^:q [i^_\] Zpcd e^B]`cj@ep Ef`hf:ef gfsmf hj @B^`[p@]aef `]etmfa ][mfBdm^m eâ;da hj`pb]em iB]`j :^ if_c]idc it ^r^ i f\efa dedld]md[fa bjaZp ;^[l^[ O\ef[B^hêef i Zfcq;dh bfebjBifh gd]edimf[ [ e];^h _fBf \^ gBf[f\dcit bfebjBi igjmedb Pf [fc:ibf_f Ef [B^ht gBd^`\f[ bfh gf`dmfB] [ KjaZp;^[ smfm 3h]cpa bfebjBi6 gBfnf\dc [ F^mibfa hj`p b]cqefa ;bfc^ = P^B[pa bfe bjBi ifimftcit [ _f\j @^B^` mBd _f\] gfic^ fmbBpmdt ;bfcp d @^B^` _f\ gfic^ hfcf\^:ef_f Pf[fc:ibf_f bfebjBi] gf dedld]md[^ g^B[f_f \d B^bmfB] ;bfcp L M R^B^\dlbfa Ymf Zpcf [ im]Bfh \^B^[teefh `\] edd e] jcdl^ RbctBêbf Q]cêqbjA ilêj [ `]c^ _\^ gBfnf\dcd [pimjg cêdt Bf[ef e]gfcf[dej `]edh]cd Bftcq d gd]edef ] `]c `]gfcetcit j@]rdhdit d g^\]_f_]hd E fB_]ed `]ldd ;bfcqef_f bfebjBi] Zfcq;jA gfhfrq fb]`p[]cd @cêp IfBf\ibf _f hfcf\^:ef_f bcjZ] S@]imedb]hd ^_f Zpcd if[i^h ^r^ \^md 4 j@êdbd 4 bc]iif[ G gfmf hj d gBf_B]hh] Zpc] c^_@^ 4 B^Ztm]

\fc:ep Zpcd digfcedmq gfcdkfed @îbf^ gBfd`[^\êd^ if@deêd^ bBjgefa kfBhp d \[^ gqîp if[^m ibdn bfhgf`dmfBf[ F D K]Z]c^[ibda f@êq [edh] m^cqef icj;]c \^mâ B]\f[]cit dn jig^n]h d fifZêef :]c^c jm^;]c d fZf\Btc m^n @]imedbf[ bfmfBp^ d` `] [fceêdt \fgjib]cd \fi]\ep^ f;dZbd M [i^_\] _f[fBdc mfcqbf \fZBp^ d nfBf;d^ icf[] Ehîm^ i F D K]Z]c^[ibdh [ if im][ :ABd [nf\dcd G M PdBjhf[ 4 bfhgf`dmfB gBfkîifB Qfibf[ibfa bfei^B[]mfBdd f\de d` Zcd:]a;dn \Bj`â FhdmBdt DfBdif[d@] @c^ ep IfBf\ibf_f hfcf\^:ef_f bcjZ] L G QjB][q^[] 4 gB^gf\][]m^cq hj `pb]cqef_f j@dcdr] [figdm][;]t tBbdn hj`pb]emf[ c]jB^]mf[ h^:\j e]Bf\epn bfebjBif[ ] m]b:^ [^\j rd^ g^\]_f_d hj`pb]cqepn ;bfc F D K]Z]c^[ibda gBd^`:]c [ ;bf cj [ m^@êd^ c^m gBfgjimd[ bfebjBi cd;q f\e]:\p [ _f\j d` `] mt:^cfa Zfc^èd Ei^_\] gBf t[ctc e^fZpbef[êejA [edh]m^cq efimq d @jmbfimq gf fmef;êdA b ^^ g^\]_f_]h d j@êdb]h 3< [i^_\] B] \jAiq gBdnf\t [ [];j ;bfcj 4 ib] `]c fe gfic^ f@^B^\ef_f bfebjBi] 4 gfmfhj @mf mjm @j[im[j^mit ]mhfik^ B] e]imftrâ cAZ[d b hj`pb^6 PBf Zj:\]mq [ cA\tn cAZf[q b hj`pb^ Zpcf fief[eph \^cfh ^_f :dèd K]`]cfiq @mf d i]h fe d`cj@]c i[^m smfa fifZfa cAZ[d d \fZBfmp bfmf Bpa @j[im[f[]cd [i^ fbBj:]Ard^ OZp@ef bfebjBi fmbBp[]c nfB j@] rdnit hc]\;dn bc]iif[ digfcet[ ;da \^mibd^ gîed K]Z]c^[ibf_f FhdmBda DfBdif[d@ `]bB^gdc smj mB]\dldA d fZt`]m^cqef gBd[f`dc b f@^B^\efhj bfebjBij i[fA ef[jA gîeA dcd l^cpa iZfBedb i \]Bim [êefa e]\gdiqA G gfic^ [pimjgc^ edt bfebjBi]emf[ gf\[^\êdt dmf_f[ d [Bj@êdt gBd`f[ [i^ i j\f[fcqim[d ^h gf[mfBtcd gîed ^r^ B]` ef j:^ gf\ ]bbfhg]e^hêm i]hf_f ][mfB] E ;bfc^ Z^B^:ef nB]etmit ^_f gdiqh] d m^c^_B]hhp kfmf_B]kdd d bed_d efmp d gc]imdebd i \]Bim[êephd e]\gdithd F[] mfcimpn ]cqZfh] im]cd c^mfgdiqA ;bfcqef_f bfebjB i] dhêd F D K]Z]c^[ibf_f Efm f\ ef d` bfBfmbdn gdi^h 3FfBf_d^ hfd \Bj`qt fm [iâ \j;d ig]idZf `] gf `\B][cêd^ d `] @j\îepa ]cqZfh 4

gfihfmB^c ^_f d icf[ef fgtmq gfZp []c [ [];â ;bfc^ G [p [^\q è]^m^ b]b t cAZcA j []i Zp[]mq Pfcj@d cd cd [p gqîp Gc^bi]e\B] PdBjhf [] bfmfBp^ t gfipc]c E]h d gfeB] [dcdiq cd fed []h 6 K]b fZotiedmq mj mBf_]m^cqejA `]Zfmj bfmfBjA gBft[ctc fe bf [i^h i[fdh Zî@di cêeph ]\Bî]m]h F D K]Z]c^[ ibda Zpc @^cf[^bfh i \j;fa r^\Bf fmbBpmfa cA\th @mf gf`[fcdcf F] [d\j OaimB]nj e]`[]mq ^_f 3Zc]_f Bf\eph Bpl]B^h hj`pbd6 E B]hb]n bfebjBi] ifld]cqef m[fB@îbdn `]b]`f[ F^g]Bm]hêm] bjcqmjBp R]h]Bibfa fZc]imd e]

_f\ F^mib]t hj`pb]cqe]t ;bf c] = [pd_B]c] _B]em [ efhde] ldd 3RfnB]eêd^ dimfBdbf bjcqmjB ef_f e]ic^\dt6 gf m^h^ 3Rf`\]ed^ hj`^t F D K]Z]c^[ibf_f d ^_f Me m^Be^m [^Bidd6 E h]Bm^ _f\] Pfim]ef[cêd ^h _jZ^Be]mfB] R]h]Bibfa fZc]imd K G Vdmf[] `] ifnB]eêd^ cj@;dn mB]\dlda hj`pb]cqefa g^\]_f_dbd Zfcq;jA gBfi[^mdm^cqibjA B]Zfmj if\âim[d^ sim^md@îbfhj [figdm] edA gf\B]im]Ar^_f gfbfcêdt F^m ibfa hj`pb]cqefa ;bfc^ = Zpcf gBdi[fêf dht FhdmBdt DfBdif[d@] K]Z]c^[ibf_f G fmbBp[]c]iq FQ9 = [ _f \j [ [^mnfh h]cêqbfh `\]edd i ht j@]rdhdit d ht g^\]_]hd fZj@^ ed^ [^cfiq e] \[jn deimBjhêm]n 4 kfBm^gd]ef d Z]te^ J] _f\] ij rîm[f[]edt ;bfcp bfemde_êm j[^ cd@dcit \f j@]rdnit ] gB^gf\] []m^cqibda ifim][ 4 \f @^cf[^b F^md fZj@]Amit d_B^ e] ibBdgb^ [d fcfe@^cd kfBm^gd]ef _dm]B^ Z]te^ ]bbfB\^fe^ \fhB^ Z]c]c]ab^ kcâ m^ i]bifkfe^ bc]Be^m^ mBjZ^ d \Bj _dn h^\epn \jnf[pn deimBjhêm]n E ;bfc^ e] gfimfteefa fief[^ B] Zfm]Am m[fB@îbdn \^mibdn bfc c^bmd[f[ d` bfmfBpn nfBf[p^ bfc c^bmd[p 3>]ii[^m6 V G 9h^c^[] d 3>f\ed@fb6 H Q 9h^c^[] t[ctAm it c]jB^]m]hd B^_dfe]cqepn bfe bjBif[ Sedb]cê ]ei]hZcq [dfcfe@^cdi mf[ gf\ Bjbf[f\im[fh L M IBfnf[ibfa OBbîmB Bjiibdn e]Bf\epn de imBjhêmf[ N H D]c];f[] bfmf Bpa if`\]e c^m e]`]\ gfcq`j^mit j j@]rdnit d gB^gf\][]m^câ Zfcq ;dh jig^nfh d m]b:^ t[ct^mit c]j

B^]mfh d \dgcfh]emfh B^_dfe]cq epn bfebjBif[ Fjnf[fa fBbîmB M G Rêqbde 4 e^f\efbB]mepa c] jB^]m B^_dfe]cqepn bfebjBif[ @]i mf [pimjg][;da b]b [ imê]n ;bfcp gf mB]\dldd [imB^@]t _fimâ [ kfa^ e] [i^n gB]`\edb]n m]b d [ B]afe epn d _fBf\ibdn h^BfgBdtmdtn J] _f\p ijrîm[f[]edt FQ9 = Zpcf [pgjrêf [pgjib edbf[ d` bfmfBpn [pZB]cd hj `pbj i[fâ gBfkîidâ L]jB^]mp ;bfcqepn bfebjBif[ dhêd F D K] Z]c^[ibf_f B]èpn c^m ] [i^_f i gf _ bfebjBif[ Zpcf gfcj@dcd gBfkîidfe]cqef^ hj`p b]cqef^ fZB]`f[]ed^ d ief[] [^Bej cdiq [ Bf\ejA ;bfcj j:^ [ b]@îm [^ gB^gf\][]m^câ Ymf M E 9[] c^[] g^B[]t [pgjibedl] ;bfcp d c]jB^]m g^B[f_f bfebjBi] epe^ `] [^\jAr]t kfBm^gd]eeph h^mf\d @îbdh fZo^\deêd^h N L VjBbd e] I Q L^femq^[] R G Lje^[] Vf @mf [ ;bfcj [f`[B]r]Amit ^^ cj@;d^ m]c]emcd[p^ j@êdbd mf:^ im]cf nfBf;â mB]\dldâ Râ@]i g^\]_f_d@îbda bfcc^bmd[ ;bfcp e] @^m[^Bmq ifimfdm d` i[fdn Zp[;dn [figdm]eedbf[ bfmfBp^ B]Zfm]Am e] B]èpn fm\^cêdtn ;bfcp IfB\fimqA ;bfcp t[ctAmit ^^ [p gjibedbd iB^\d bfmfBpn îmq c]jB^ ]mp h^:\je]Bf\epn d [i^Bfiida ibdn bfebjBif[ RB^\d edn R^B_â Efamêbf Z] te c]jB^]m [fiqhd h^:\je]Bf\epn bfebjBif[ [ Mm]cdd Mig]edd I^B h]edd F]edd d >fiidd @cê :ABd h^:\je]Bf\epn bfebjBif[ d kîmd []câ dhÂrda mdmjc 3N]\^:\] ef [fa >fiidd6 ][mfB nj\f:îm[êepa Bjbf[f\dm^cq d gBf\Ai^B h^:\je] Bf\ef_f kîmd[]ct 3Ed[]m Z]te 6 FhdmBda WB]hbf[ Z]te 4 fZc]\] m^cq 3KjZb] hdB]

6 [ ?_fic] [dd gB^hdt c]jB^]m d \dgcfh]em n h^:\je]Bf\epn bfebjBif[ Gc^bi]e\B] D^ctbf[] ibBdgb] 4 c]jB^]m Q^:\je]Bf\epn Ei^Bfiida ibdn d B^_dfe]cqepn bfebjBif[ imd gê\d]m h^:\je]Bf\efa Zc]_fm[fBd m^cqefa gBf_B]hhp 3Nf[p^ dhê]6 imdgê\d]m h^:\je]Bf\ef_f Zc]_f m[fBdm^cqef_f kfe\] E Rgd[]bf[] Ocq_] PfbBf[ib]t kfBm^gd]ef 4 c]jB^]m Ei^Bfiidaibf_f bfe bjBi] hfcf\pn digfcedm^câ dh^ ed F D K]Z]c^[ibf_f j@]imedl]

h^:\je]Bf\ef_f hj`pb]cqef_f k^imd[]ct [ _ R]h]B^ 3Qfcf\p^ `[^`\p >fiidd d Gh^Bdbd6 F^mib]t hj`pb]cqe]t ;bfc] =

dh F D K]Z]c^[ibf_f t[ct^mit Z]`f [fa ;bfcfa F^g]Bm]h^em] bjcqmjBp Qdedim^Bim[] bjcqmjBp hfcf\^: efa gfcdmdbd d igfBm] R]h]Bibfa fZc]imd E F^mibfa hj`pb]cqefa ;bfc^ =

dh F D K]Z]c^[ibf_f B]Zfm]Am gBf kîidfe]cqep^ j[c^@êep^ gB^\]e ep^ \^mth d hj`pb^ gB^gf\][]m^cd E fZc]imefa e]j@ef h^mf\d@î bda if[^m [nf\tm \dB^bmfB ;bf cp `]icj:êepa B]Zfmedb bjcqmj Bp >T I E PBfbj\de] gB^gf\][] m^cd L M IBfnf[ib]t V G T^\fBf [] N N Gim]nf[] E N PfcZde

FQ9 = dh F D K]Z]c^[ibf _f gf B^`jcqm]m]h ]mmîm]ldd dh^ ^m [pi;jA b]m^_fBdA gB^gf\][] m^cd V D KcA^[] L M IBfnf[ib]t V G 9h^c^[] I E PBfbj\de] dh^ Am `[]ed^ 3S@dm^cq _f\]6 PB^gf\][]m^cd ;bfcp dhÂm [p ifbd^ b[]cdkdb]ldfeep^ b]m^_fBdd d` gB^gf\][]m^câ @^cf[^b dhÂm [pi;jA b]m^_fBdA 4 g^B [jA 4 [mfBjA Pf B^`jcqm]m]h bfebjBif[

j@^Zef_f _f\] j@]rd^it ;bfcp dh^Am e]_B]\p [ h^:\je]Bf\epn bfebjBi]n e]_B]\ [ B^_dfe]cq epn bfebjBi]n 4 [ _fBf\ibdn 4 [ `fe]cqepn Rc^\jt _c][efa `]gf[^\d F D K] Z]c^[ibf_f 4 cAZdmq d j[]:]mq \^

mâ gB^gf\][]m^cd ;bfcp i e^di itb]^hph m^Bgêd^h d \j;^[efa r^\BfimqA gBfZj:\]Am [ \^mtn cAZf[q b hj`pb^ M gjimq e^ [i^ fed im]cd gBfkîidfe]cqephd hj `pb]em]hd Ocq_] Kcf@e^[] `]bfe @d[ FQ9 = d R]h]Bibf^ hj`p b]cqef^ j@dcdr^ im]c] h]im^Bfh igfBm] gf imB^cqZ^ @^hgdfebfa Ocdhgdaibdn d_B [ Gmc]em^ Zfcq ;deim[f d` edn e^ hf_jm fZfamdiq [ :dèd Z^` hj`pbd FhdmBda DfBdif[d@ K]Z]c^[ibda _f[fBdc 3"CG?4>H: 3686 4 ?F<= =7 ?F ?3H >?8? 3686 6 ?3<6567F C5=4= F7HA B4?:BF4?A 7A ?> 3?=6

7 8 H J ? D A 5 J H ? .

! +" & " #$ &' $ $ 7\Xa3XROQ @ @ DaQaeh [3R[ZPQOQaRWh VWQ]]Q SXaQ3d 8VQPR\X1R]VZSZ \^TdVQWeYZSZ VZWWRP,Q [3X C:= X\ B ? 4QUVZO]VZSZ ;Q]W^,RYYZSZ ^1XaRWh 0Z]]XX VQYPXPQaQ [RPQSZSX1R]VXb YQ^V PZ`RYaQ C::E X\ C 8 +ZWZbZOQ @ @ 7\Xa3XROZU [Z]OhfR YQ aOZ31R]VZU ]^PeNR TQ\R1QaRWeYZSZ 3Z]]XU]VZSZ \^TdVQYaQ SXaQ3X]aQ ;Q]W^,RY YZSZ Q3aX]aQ 0DFD0 8 C ?OQYZOQ =3Q\]VZSZ 1eRU ^1RYX`RU QOaZ3^ ]aQaeX [Z ]1Q]aWXOXWZ]e Ndae B3XOZPha]h WX1YdR OZ][Z\XYQYXh Z ]Q\Z\ 8 C ?OQYZOR =3Q\]VZ\ RSZ ]R\eR X ^1RYXVQb HQV,R [ZP3ZNYZ Z[X]QY [3Z-RP-XU O VZWWRP,R aZ3,R]aORYYdU 2NXWRUYdU VZY`R3a [Z]OhfRYYdU WRaX2 ]Z PYh 3Z,PRYXh 8 C ?OQYZOQ =3Q\]VZSZ

_ digfcedcfiq c^m if \et Bf:\êdt `]h^@]m^cqef _f Bfiidaibf_f hj`pb]em] J]icj:êef_f ]Bmdim] >RTR> Gc^b i]e\B] Qdn]acf[d@] M[]ef[] KB]h ibf_f 4 Ymf dht j cAZd m^câ hj`pbd [ >fiidd d `] BjZ^:fh mîef i[t`]ef i bc]iid@îbfa _dm] Bfa Qj`pb]em gBf:dc dem^BîejA e]iprêejA m[fB@îbdhd ifZpmdt hd :dèq bfmfB]t t[ct^mit f\efa d` tBbdn imB]edl Bfiidaibfa hj`p b]cqefa bjcqmjBp Gc^bi]e\B Qd n]acf[d@ Zpc m]c]emcd[ph _dm]Bdi mfh digfcedm^c^h [p\]Ardhit gB^gf\][]m^c^h _dm]Bp ][mfBfh d` [îmefa 39bfcp d_Bp e] ;îmdim Bjeefa _dm]B^6 \dBd:^Bfh d bfhgf

`dmfBfh H_f dht 4 _dm]Bdim] digfc edm^ct \dBd:^B] d bfhgf`dmfB] 4 m[fB@îbd i[t`]ef i m]bdhd Zcîmt rdhd dhê]hd b]b M Kf`cf[ibda d N OZjnf[] M RgfifZde d M Ide` ZjB_ N >^@hêibda E 9^Z]cde I K]h]c\def[ N Dj\];bde E Jf cfm]B^[ G KfBe^^[ Q IfmcdZ d \B fe [pimjg]c i K[]Bm^m]hd dh Kfhd m]i] d DfBf\de] i bfmfBphd digfc edc [i^ _dm]Bep^ mBdf b[]Bm^mp d b[dem^mp Dfbb^Bded P]_]eded 9j Z^Bm] Ijhh^ct M[]ef[ph KB]hibdh e]gdi]ef \[] bfel^Bm] \ct _dm]Bp i fBbîm Bfh Bt\ tBbdn fBd_de]cqepn gqî Qe^ b]b g^\]_f_j _dm]Bp fifZêef nf@^mit [p\^cdmq m]c]emcd[f e]gd

i]eep^ dh []Bd]ldd e] m^hp Bji ibdn e]Bf\epn gîê 3S [fBfm [f Bfm6 3Vfeb]t BtZde]6 3K]b j hît l]6 e] m^hj Bfh]ei] E]Bc]hf[] 3N] `]B^ mp ^^ e^ Zj\d6 d \B Ymd gBfd` [^\êdt t[ctAmit d gB^bB]ieph j@^Zeph h]m^Bd]cfh d skk^bmephd bfel^Bmephd gqî]hd tBbdhd d bfemB]imephd gf fZB]`]h d e]imBf^ edA dem^Bîephd gf _]Bhfedd d _f cfif[^\êdA E]Bd]ldd [nf\tm [ fZt`]m^cqepa B^g^Bmj]B hfdn j@^ edbf[ bfmfBp^ d`j@]Am d digfcet Am dn i Zfcq;dh j\f[fcqim[d^h Qe^ gfi@]imcd[dcfiq [imB^@]mqit i Gc^bi]e\Bfh Qdn]acf[d@^h ef b if:]cêdA mfcqbf \[] gfic^\edn _f\] ^_f :dèd Dj\j@d @cêfh gBd

^hefa bfhdiidd j@dcdr] dhêef fe gBdetc hêt [ bc]ii bc]iid@î bfa _dm]Bp d t f@êq _fB:jiq smdh []:eph \ct hêt ifZpmd^h Qp imj\êmp _dm]Bdimp i Zc]_f_f[êd ^h fmefidcdiq b gBfic][cêefhj hj`pb]emj d g^\]_f_j d \êq ^_f ih^Bmd ]gB^ct _ fim]cit e] [i^_\] [ e];â g]htmd K]`]cfiq @mf Bjnejc hdB @mf Z^` e^_f e^[f` hf:ef \]cqeâ;^^ ijrîm[f[]ed^ _dm]Bp frjr]cdiq e^[figfced hfimq jmB]mp d B]im^Bteefimq Nf G Q M[]ef[ KB]hibfa m]b hef_f i\^c]c \ct B]`[dmdt _dm]Bef_f di bjiim[] d gBfg]_]e\p _dm]Bp [ >fi idd fim][d[ gBd smfh hef :îm[f gfic^\f[]m^câ d [pB]imd[ gB^bB]iepn g^\] _f_f[ _dm]Bdimf[ @mf smd e];d hB]@ep^ frjrêdt d fg]iêdt b i@]imqA e^ iZpcdiq Eigfhde]A Gc^bi]e\B] Qdn]acf[d@] f@êq fZ]t m^cqeph tBbdh [î^cph d fimBfjheph ] ^_f :êj Rf kqA I^fB_d^[ej 4 j\d[d m^cqef \fZBph ifce^@eph @^cf[^bfh Oe] è]c] d gfhedc] gf dhê]h [i^n imj\êmf[ _dm]Bdimf[ d ic^ \dc] `] e];dhd jig^n]hd E g]htmq fZ M[]ef[^ KB]hibfh d [ i[t`d i ^_f AZdc^^h he^ nfm^cfiq fB _]ed`f[]mq mfB:îm[êepa bfel^Bm imj\êmf[ hf^_f bc]ii] _dm]Bp [ Gb]\^hd @îbfh hj`pb]cqefh bfcc^\:^ B] e^^ bfcc^\: e]`p[]cit 3j@dcdr^6 gBd Qfibf[ibfa _fij\]Bim[êefa bfei^B[]mfBdd dh P M C]abf[ibf _f Ymf j@^Zef^ `][^\êd^ e^gfiB^\ im[êef i[t`]ef i dhê^h G Q M[] ef[] KB]hibf_f gfibfcqbj dhêef Zc]_f\]Bt ^_f e]imfa@d[ph jidcd th m]h Zpc fmbBpm bc]ii bc]iid@î bfa ;îmdimBjeefa _dm]Bp bfmf Bpa fe d [f`_c][dc Qp i j\f[fcq im[d^h _fmf[dcd AZdcâepa bfe l^Bm d fe ifimftcit \^b]ZBt

_ [ Kfel^Bmefh `]c^ bfcc^\:] Rmj\êmp digfcetcd if@deêdt M[] ef[] KB]hibf_f E^c] smfm bfel^Bm d gBfdèîc] [imjgdm^cqef^ icf[f fZ Gc^bi]e\B^ Qdn]acf[d@^ ^_f \f@q d`[îmepa g^\]_f_ _dm]Bp J]icj:êepa B]Zfm

edb bjcqmjBp \flêm Ifij\]Bim[ê ef_f deimdmjm] dibjiim[ gB^gf\][] m^cq Gb]\^hd@îbf_f hj`pb]cqef_f bfcc^\:] gBd Qfibf[ibfa _fij\]B im[êefa bfei^B[]mfBdd dh P M C]abf[ibf_f N]m]cdt Gc^bi]e\Bf[ e] M[]ef[] KB]hib]t Qe^ Zp nfm^ cfiq fifZf fmh^mdmq @mf dhêef [ bc]ii^ _dm]Bp N G M[]ef[fa KB]h ibfa t j@dc]iq [i^ @^mpB^ _f\] [ j@dcdr^ N] AZdcâefh bfel^Bm^ gBdijmim [f[]cd \[] j@êdb] G Q M[]ef[] KB]hibf_f bfmfBp^ nfBf;f d`[îm ep [ if[B^hêefh _dm]Befh hdB^ 4 J]icj:êepa B]Zfmedb bjcqmjBp

L]jB^]m Q^:\je]Bf\epn bfebjBif[ hj`pb]cqepa h]im^B d digfcedm^cq T > Gbfgf[ d J]icj:êepa ]Bmdim >fiidd L]jB^]m Q^:\je]Bf\epn bfebjBif[ gBfkîifB >fiidaibfa ]b]\^hdd hj`pbd dh Ieîdepn N G Kfhfctmf[ Oed i cAZf[qA d Zc]_f\]BefimqA [igfhde]cd i[fd imj\ê@îbd^ _f\p i[fA j@^Zj j G Q M[]ef[] KB]hibf_f E bfel^Bm^ `[j@]cd d`[îmep^ gBf d`[^\êdt G Q M[]ef[] KB]hibf_f ^_f è]hêdmpa 3E]cqi6 3V]B]em^c c]6 bB]id[â;d^ 3IB^`p6 []Bd]ldd 3N] `]B^ mp ^^ e^ Zj\d6 fZ] _dm]B epn bfel^Bm] d \B Pfcj@dcit mfB :îm[êepa d [hîm^ i m^h dibBê eda m^gcpa bfel^Bm H_f gqîj 3IBjimef^ e]imBfêd^6 e] _dm]B^ è]hêdmf_f h]im^B] T > Gbfgf[]

ip_B]c] m]c]emcd[]t imj\êmb] _f bjBi] L]jB^]m Q^:\je]Bf\ef_f bfe bjBi] H N^\fimjgf[] gBd@^h ip_B] c] m]b mBf_]m^cqef @mf [ _c]`]n icj ;]m^câ imftcd ic^`p Wf@^mit e] `[]mq dhê] d \Bj_dn hfcf\pn d igf ifZepn imj\êmf[ _dm]Bdimf[ [p imjg][;dn [ smfh bfel^Bm^ L]jB^]m Q^:\je]Bf\ef_f bfebjBi] imj\êm b] QIIS dh Q G 9fcfnf[] E D^ cfjif[] Fdgcfh]emp Q^:\je]Bf\ epn bfebjBif[ K Jfcf^[ d O Q]cA _de] imj\êmp I Qji]mf[ F R^h^ ef[ G KfBfZbf[] E R]bf[d@ G L^ [de H 9[^lf[] E bfel^Bm^ m]b:^ gBdedh]cd j@]imd^ L]jB^]m Q^:\j e]Bf\epn bfebjBif[ G R] [^cq^[] kcâm] bc]ii gB^ gf\][]m^ct N Q Lfm]bf[] Fdgcfh]em Q^:\je]Bf\ef _f bfebjBi] G PBfbfgê bf d imj\êmb] H PjmBt ibBdgb] bc]ii gB^gf\][] m^ct H F F^hd\êbf d \B P]BmdA kfBm^gd]ef digfc etc] H D]_B]mf[] E `]bcA@êd^ bfel^Bm] N G M[]ef[] KB]hib]t ib]`]c] 3< [igfhde]A @mf bf_\] Gc^bi]e\B] Qdn]a cf[d@] e^ im]cf e]@]cdiq B]`_f[fBp @mf bc]ii _dm] Bp e]\f `]bBpmq e^m Gc^b i]e\B] Qdn]acf[d@] 4 d bc]ii] _dm]Bp e^ e]\f < [d:j m^g^Bq @mf imfdcf nf \dmq imfdcf \fb]`p[]mq Bjbf[f\im[j \fZd[]mqit [ef[q ^_f fmbBpmdt M t e] \Âiq @mf [i^ smd hfcf\p^ cA\d gfcj@d[ fZB]`f[]ed^ Zj\jm \]cq;^ [pifbf eîmd hj`pb]cqef^ dibji im[f d bc]iid@îbd^ mB]\dldd Gc^b i]e\B] Qdn]acf[d@] M[]ef[] KB]h ibf_f ] [ \j;^ j edn e][i^_\] fim] e^mit è]@dm^cqefimq m]bf_f ifZp mdt [ :dèd b]b j@^Z] [ e];^h `]h^ @]m^cqefh j@dcdr^ bj\] t [i^_\] [nf:j i `]hdB]ed^h i^B\l]6 Fâim[dm^cqef [i^ hj`pb]emp gBdedh][;d^ j@]imd^ [ smfh bfe l^Bm^ 4 d hfcf\p^ imj\êmp d `] icj:êep^ ]Bmdimp d g^\]_f_d 4 gB^\im][ctAm ;bfcj `]h^@]m^cqef_f _dm]Bdim] digfcedm^ct d g^\]_f_] Gc^bi]e\B] Qdn]acf[d@] M[]ef[] KB]hibf_f d Zj\jm gBf\fc:]mq ^_f mB]\dldd [ i[fâ :dèd [ i[fdn j@êdb]n

' +- "! #- DaQaeh [Z]OhfRYQ PR]haZ\^ 2NXWRUYZ\^ ZaV3daZ\^ =ZYV^3]^ ZaR1R]aORYYZU \^ TdVX X\ 7 5 =QNQWRO]VZSZ R,RSZPYZ [3ZOZPhfR\^]h O PRa]VZU -VZWR X]V^]]aO O [Z] 6Qa^aXYVX CZ]VZO]VZU ZNWQ]aX

\^b]ZBt

_f\] [ \^mibfa ;bfc^ di bjiim[ gfi E]mjmde bd Lêdeibf_f B]afe] Qfibf[ ibfa fZc]imd efitrâ dht `]h^ @]m^cqef_f bfhgf`dmfB] F D K] Z]c^[ibf_f gBf;^c \îtmpa AZdcâepa fmbBpmpa KfebjBi fm^@îm[êefa hj`pbd KfebjBi im]c \ct ^_f j@]imedbf[ d icj ;]m^câ e]imftrdh gB]`\edbfh dibjiim[] E e^h gBdetcd j@]i md^ Aep^ \]Bf[]edt d` KB]ief è]hêib] F^\f[ib] MimBp Lj nf[dl d \Bj_dn _fBf\f[ d gfi^c bf[ Qfibf[ibfa fZc]imd hef_d^ gBd^n]cd d d` imfcd@epn hj`p b]cqepn ;bfc Fct e^bfmfBpn smfm bfebjBi im]c mB]\dldfe eph e^bfmfBp^ j@]im[f[]cd [ e^h [g^B[p^ SAmepa i[^mcpa ]bmf[pa `]c sc^_]emef^ d c]bfed@ef^ fkfB hcêd^ #lêp Zc]_fBf\ef^ `[j @]ed^ deimBjhêmf[ \fZBf:^ c]m^cqe]t ]mhfik^B] 4 [i^ smf if`\]cf mfm m[fB@îbda e]imBfa bfmfBpa m]b igfifZim[j^m nfBf ;^hj [pimjgcêdA OmbBpcit bfebjBi _B]ldfèph gfcfe^`fh P M C]abf[ibf_f [ digfceêdd j@]rdnit nfB^f_B]kd@îbf_f fm \^cêdt ;bfcp d nfBf[ph digfceêd^h [i^hd gBdijmim[f [][;dhd cAZdhfa gîed 3N]; bB]a6 F K]Z]c^[ibf_f ifcdimp Q N Gcmjede] d ^^ [figdm]eed l] N]m];] T^^B Ei^n gBd[^mim [f[]c] \dB^bmfB E]mjmdeibfa F9M E]c^Bdt Q]Bbf[e] Cd_] Bde] gB^\im][d[;]t gf@^mepn _fimâ bfebjBi] _c][j i^cqibf_f

gfi^cêdt Fîêf[ibf^ I M Ket `^[] d bfh]e\dB] E]mjmdeibf_f _]Bed`fe] gfcbf[edb] R F J]a l^[] Zc]_f\]Bt ]bmd[efa gf\ \^B:b^ d gfhfrd bfmfBpn im]cd [f`hf:ep fB_]ed`]ldt d gBf[^ \êd^ bfebjBi] 8ABd [ ifim][^ bfmfBf_f Zp c] d \f@q F D K]Z]c^[ibf_f Q] Bdt FhdmBd^[e] j:^ eîbfcqbf c^m gf\Bt\ [f`_c][ct^m \flêm kfBm^gd]eef_f k]bjcqm^m] Qfi bf[ibf_f hj`pb]cqef_f g^\]_f _d@îbf_f deimdmjm] dh Mggfcd mf[] M[]ef[] gd]edim E T X^B Z]bf[ E l^cfh bBfh^ i]hdn bfebjB i]emf[ [pimjgdcf Zfc^^ @^ cf[^b [bcA@]t deimBjhêm] cdimf[ nfBf[p^ d nfB^f_B]kd @îbd^ bfcc^bmd[p `][^B;][ ;d^ bfebjBi e] AZdcâefh bfe l^Bm^ PBdtmef fmh^mdmq f@^[d\epa gBfkîidfe]cqepa Bfim Aepn hj`pb]emf[ E im]B;â _Bjgg^ gfZ^\dm^c^h im]c Fêdi 9g^bmB F9M dh F K]Z]c^[ibf_f gB^ gf\][]m^cq H N KfimAnde] gf cj@d[;da bBfh^ Fdgcfh] im^ gêd m]b:^ IB]e PBd d PBd` Ic] [p Lêdeibf_f hjedldg]cqef_f B]afe] E ? IfcjZ^[] E iB^\ eâ [f`B]imefa _Bjgg^ e] g^B[f^ hîmf e^ [p;^c edbmf ] [ hc]\ ;â :ABd j[^Bêef gBdij\dcf g^B[f^ hîmf P][cj E^BnfmjBf [j d` F9M 3I]Bhfedt6 gfi KB]ibf[f gB^g N N KBjgde] Om\^cqephd \dgcfh]hd Zpcf fmh^@êf cj@;^^ digfceêd^ bfebjBiepn if@deêda F K]Z]

c^[ibf_f ] fifZpa gBd` 3N]\^: \]6 gfcj@dc i]hpa hc]\;da bfebjBi]em IBd_fBda EfBfZq^[ d` F9M gfi IfBbd Lêdeibd^ 4 B]imd IBd;] e]\^^hit e] m[fa m]c]em d cAZf[q b hj`pb^ Fdgcfhp 3J] cj@;jA g^\]_f _d@îbjA B]Zfmj6 Zpcd [Bj@êp f\dee]\l]md g^\]_f_]h OmbBpmpa bfebjBi dh^^m f\ef gBdeldgd]cqef^ fmcd@d^ fm hef_dn \Bj_dn 4 fe gBf[f\dmit if[^B;êef Z^`[f`h^`\ef Z^` imfcq B]igBfimB]eêefa iâ@]i 3gc]mp `] j@]imd^6 Ei^ B]inf\p mB]\dldfeef Z^B^m e] i^Zt ]\ hdedimB]ldt Lêdeibf_f B]a fe] [f`_c][ct^h]t E ? IfcjZ^ [ph Qj`pb]cqef fZB]`f[]m^cq epa UêmB dh F K]Z]c^[ibf_f \dB^bmfB Q F K]Z]c^[ib]t ifj@B^\dm^cq smf_f bfebjBi] fm h^mdc cj@;d^ [pimjgcêdt hj `pb]cqephd \dib]hd KfebjBi `][^B;dcit gfi^rêd^h ;bfcq ef_f hj`^t F D K]Z]c^[ibf_f d mB]\dldfeeph @]^gdmd^h i [bjiephd gdBf_]hd m^gcf d \Bj:^cAZd^ 4 [d`dme]t b]Bmf@b] bfebjBi] Mibjiim[f i\Bj:dcf d fZo^\d edcf j@]imedbf[ bfebjBi] d _fi mâ ] i]hf^ _c][ef^ 4 i]h] m[fB @îb]t ]mhfik^B] f_B]\dc] fm cAZf_f gBft[cêdt e^`\fBf[fa bfebjBêldd gfmfhj @mf [ smfh bfebjBi^ e^ Zp[]^m gfZ^:\ê epn E^\q j@]imd^ 4 smf j:^ gf Z^\] e]\ i[fdhd ic]Zfimthd ic^\f[]m^cqef jig^n fZt`]m^cq ef gBd\^m D[R` VZ33 ,^3YQWQ

*^ 3 Y Q W %E4?H9>K CE;J=?( /

4236>8:993A 6:77458A

8WRV]RROQ > >

0hNZO 6 6

b]e\ g^\ e]jb im e]j@ ifmBj\edb Meimdmjm] nj\f:^im[^eef_f fZB]`f[]edt >fiidaibfa ]b]\^hdd fZB]`f[]edt

B^bmfB Qfibf[ibf_f _fBf\ibf_f g^\]_f_d@^ibf_f jed[^Bidm^m] \fbmfB dim e]jb gBfk^iifB ]b]\^hdb >GHN

+VZWh3 > 6

;Q3^NQ 8 6 j@dm^cq hj`pbd c]jB^]m bfebjBi] 3S@dm^cq _f\] >fiidd6

6QPYQU > @

\dB^bmfB Meimdmjm] nj\f:îm[êef_f fZB]`f[]edt >fiidaibfa ]b]\^hdd fZB]`f[]edt \fbmfB g^\ e]jb gBfkîifB ]b]\^hdb >GO

\dB^bmfB F9M 3K]h^Bmfe6 _ Q^_dfe] W]emp Q]eidaibf_f ][mfefhef_f fbBj_]

Gd[XY : C

4 2 3 6 > 8 A

\fbmfB g^\ e]jb gBfk^iifB

=ZNWhVZO 8 8 bfhgf`dmfB @cê RfA`] bfhgf`dmfBf[ >fiidd \^b]e bfhgf`dmfBibf_f fm\^cêdt Qfibf[ibfa _fij\]Bim[êefa bfei^B[]mfBdd dh P M C]abf[ibf_f

4RNZaQ3RO D 8 bfhgf`dmfB @c^e RfA`] bfhgf`dmfBf[ >fiidd

EVZWZOQ > ? b]e\ g^\ e]jb `][ b]k^\Bfa gêdt d nfBf[f_f \dBd:dBf[]edt `][ hj`pb]cqef g^\]_f_d@îbdh k]bjcqm^mfh Qfibf[ibf_f _fBf\ibf_f g^\]_f_d@îbf_f jed[^Bidm^m]

5ZPXYQ 9 8 \fbmfB g^\ e]jb gBfk^iifB Qfibf[ibf_f _fBf\ibf_f g^\]_f_d@^ibf_f jed[^Bidm^m]

%<64>H: 756;F? =QNQWRO]VQh C 7 756;F? E]Q1ROQ 6 A -C9H;6H: 756;F? 4XSQ3XYQ 6 C 17G>= 7B;=: 756;F? CQY^VXYQ @ C "=96:>7 :3QVZO]VQh 8 B '?A@I F7 >6L 47 BF;6 = @?58?F?4;6 ? =8=>6< A6;7F6 =QNQWRO]VXU A 7

R[d\^m^cqim[f f B^_dimB]ldd g^@]mef_f iB^\im[] h]iif[fa dekfBh]ldd PM TR fm

Pf\gdi]ef [ g^@]mq

TfBh]m 2 S@ d`\ c Sic g^@ c M`\ =

VdB]: sb` OBd_de]c h]b^m gf\_fmf[cê [ Qj`pb]cqefh bjcqmjBef fZB]`f[]m^cqefh lêmB^ dh F D K]Z]c^[ibf_f Qfib[] a R^cqibfnf`taim[êepa gBf^`\ G\Bî \ct bfBBîgfe\êldd Qfib[] jc PB^@dimêb] b[ K]Z]c^[ibfa Q F )!&( )'!" *$1)!&( -0 VdB]: fmg^@]m]e [ M`\]m^cqibfh \fh^ E K]m]eibf_f Qfib[]