Skip to main content

Edición impresa Revista judicial del 9 de agosto de 2011

Page 1

Ä

ÄŠĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä

Ĺ? +. Ĺ? ÄŒĹ? Ĺ? +Ä?Ĺ?ĊćĉĈ (1#!3.1 ēŊ ĹŠ ĹŠ }

"(3.1 ĹŠ ÂĄ ĹŠ

ĹŠ ĹŠ ÂĄ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠĹŠĹŠĹŠ'33/ľľ666Ä“"#1#!'.#!4 ".1Ä“!., (1#!!(¢-Ä–ĹŠ 1#- 2ĹŠ8ĹŠÄˆÄ‡ĹŠ"#ĹŠ %.23.ĔŊ "($ēŊ (5 -!.ĔŊĎ3.ēŊ/(2.ŊġŊ #+_$.-.2Ä–ĹŠÄ‰ÄŽÄŽÄˆÄąÄŽÄŽÄ‰ÄľÄ‰ÄŽÄŽÄŽÄąÄŒÄŠÄˆÄľÄ‰ÄŽÄ‡Ä‡ÄąÄ‰ÄŒÄŽÄľÄ‰ÄŽÄŽÄ‰ÄąÄˆÄŠÄŽĹŠĹŠÄˇĹŠ Äą, (+Ä– ĹŠ)4"(!( +Äž"#1#!'.#!4 ".1Ä“!.,ĹŠ

.2ĹŠ"#1#!'.2ĹŠ$4-" ,#-3 +#2

ĖŊ ēŊ ^Ŋ } Ŋ }

BW 9edij_jkY_Œd Z[ bW H[f‘Xb_YW Z[b ;YkWZeh l_][dj[" [d [b J‡jkbe I[]kdZe jhWjW ieXh[ bei Z[h[Y^ei o [djh[ [bbei0 W Bei Z[h[Y^ei Z[b Xk[d l_l_h" gk[ Yecfh[dZ[d bei Z[0 W]kW o Wb_c[djWY_Œd" WcX_[dj[ iWde" Yeckd_YWY_Œd [ _d\ehcWY_Œd" Ykb# jkhW o Y_[dY_W" [ZkYWY_Œd" ^|X_jWj o l_l_[dZW" iWbkZ" jhWXW`e o i[]k# h_ZWZ ieY_Wb 7hji$ '( Wb )* 1 X Bei Z[h[Y^ei Z[ bWi f[hiedWi o ]hkfei Z[ Wj[dY_Œd fh_eh_jWh_W" gk[ Yecfh[dZ[d bei Z[0 WZkbjWi o WZkbjei cWoeh[i" `Œl[d[i" cel_b_# ZWZ ^kcWdW" ck`[h[i [cXWhWpW# ZWi" d_‹Wi" d_‹ei o WZeb[iY[dj[i" f[hiedWi Yed Z_iYWfWY_ZWZ" f[h# iedWi Yed [d\[hc[ZWZ[i YWjWi# jhŒ\_YWi" f[hiedWi fh_lWZWi Z[ bW b_X[hjWZ o f[hiedWi kikWh_Wi o Yedikc_ZehWi 7hji$ )+ Wb ++ 1 o" Y :[h[Y^ei Z[ bWi Yeckd_# ZWZ[i" fk[Xbei o dWY_edWb_ZWZ[i" gk[ Yecfh[dZ[d0 bei Z[h[Y^ei Z[ fWhj_Y_fWY_Œd" bei Z[h[Y^ei Z[ b_X[hjWZ" bei Z[h[Y^ei Z[ bW dWjk# hWb[pW" bei Z[h[Y^ei Z[ fhej[YY_Œd o bWi h[ifediWX_b_ZWZ[i" Z[X_[d# Ze WdejWh gk[ bW 9edij_jkY_Œd Z[ bW H[f‘Xb_YW l_][dj[ h[YedeY[ gk[ bei :[h[Y^ei Z[ bW DWjkhWb[pW e FWY^WcWcW i[ bei Yedj[cfbW" fehgk[ [d bW CWZh[ DWjkhWb[pW i[ h[fheZkY[ o h[Wb_pW bW l_ZW" feh [ie Yk[djW Yed Z[h[Y^ei o ^eo [i ik`[je o de eX`[je Z[ bei c_icei 7hji$ +, Wb .) $ BW ZeYjh_dW i[‹WbW gk[ \kdZW# c[djWb[i" ied Wgk[bbei Z[h[Y^ei" Z[ bei YkWb[i [i j_jkbWh [b ^ecXh[ feh [b c[he ^[Y^e Z[ i[h jWb1 Z[ jWb ceZe gk[ [ijei Z[h[Y^ei ied _d^[h[dj[i Wb ^ecXh[" YkWbgk_[# hW i[W ik hWpW" YedZ_Y_Œd" i[ne e h[b_]_Œd1 Z[X_[dZe i[‹WbWh gk[ i[ Z[i_]dWd Yed lWh_ei dec# Xh[i" Yece0 :[h[Y^ei >kcWdei" :[h[Y^ei Z[b >ecXh[" :[h[Y^ei Z[ bW F[hiedW >kcWdW1 [ije [i bei Z[h[Y^ei \kdZWc[djWb[i Yece Z_Y[ [b :h$ :_[]e =kijWle 7dZhWZ[ 7hcWi [d ik j[i_i Z[ cW[ijh‡W [d bW Kd_l[hi_ZWZ JƒYd_YW Z[b Dehj["

Z[ bW YkWb ieo ik jkjeh" Yedij_jko[d fWhW bei Y_kZWZWdei bW ]WhWdjÂ&#x2021;W Z[ gk[ jeZe i_ij[cW `khÂ&#x2021;Z_Ye o febÂ&#x2021;j_# Yei i[ eh_[djWh| W ik h[if[je o bW fheceY_Â&#x152;d Z[b i[h ^kcWde$ :[ be WdejWZe i[ Z[ifh[dZ[" gk[ [b i[h ^kcWde [i Wdj[ jeZe fehjW# Zeh Z[ kdW i[h_[ Z[ Z[h[Y^ei" gk[ [d jeZe cec[dje fk[Z[ ^WY[h lWb[h \h[dj[ Wb feZ[h" h[YWbYWdZe gk[ bei Z[h[Y^ei \kdZWc[djWb[i ied bW [nfh[i_Â&#x152;d c|i _dc[Z_WjW Z[ bW Z_]d_ZWZ ^kcWdW" e i[W bei i[h[i ^kcWdei fei[[cei Z[h[# Y^ei \kdZWc[djWb[i" feh j[d[h Z_]d_ZWZ e YWb_ZWZ Z[ f[hiedW ^kcWdW1 WiÂ&#x2021; [b ;ijWZe i[ b_c_jW W h[YedeY[h bei Z[h[Y^ei \kd# ZWc[djWb[i" fk[i ied Z[h[Y^ei dWjkhWb[i Z[b ^ecXh[$ ;d jWb l_hjkZ" bei Z[h[Y^ei ^kcWdei" ied kd Yed`kdje Z[ \WYkbjWZ[i [ _dij_jkY_ed[i gk[" [d YWZW cec[dje ^_ijÂ&#x152;h_Ye" YedYh[# jWd bWi [n_][dY_Wi Z[ bW Z_]d_ZWZ" bW b_X[hjWZ o bW _]kWbZWZ ^kcWdWi" bWi YkWb[i Z[X[d i[h h[YedeY_ZWi fei_j_lWc[dj[ feh bei ehZ[dW# c_[djei `khÂ&#x2021;Z_Yei W d_l[b dWY_edWb [ _dj[hdWY_edWb" i[]Â&#x2018;d be i[Â&#x2039;WbW [b jhWjWZ_ijW 7djed_e ;dh_gk[ FÂ&#x192;h[p BkÂ&#x2039;e [d '//+$ H;I;y7 > ? I J â H ? 97 :; B EI :;H; 9>EI <KD:7C;DJ7B;I ;b jÂ&#x192;hc_de Z[h[Y^ei \kdZW# c[djWb[i WfWh[Y[ [d <hWdY_W ^WY_W '--&" [d [b cel_c_[dje febÂ&#x2021;j_Ye o YkbjkhWb gk[ YedZk`e W bW :[YbWhWY_Â&#x152;d Z[ bei :[h[Y^ei Z[b >ecXh[ o Z[b 9_kZWZWde Z[ '-./1 c_[djhWi gk[ bW Fh_c[hW 9edij_jkY_Â&#x152;d Z[ bei ;ijWZei Kd_Zei Z[ 7cÂ&#x192;h_YW gk[ WfWh[Y[ [d '-.-" oW jhWjW Z[ bei Z[h[Y^ei Y_l_b[i o febÂ&#x2021;j_Yei" gk[ ZWd eh_# ][d W bei Z[h[Y^ei Z[ i[]kdZW o j[hY[hW ][d[hWY_Â&#x152;d1 bk[]e j[d[# cei bW :[YbWhWY_Â&#x152;d Kd_l[hiWb Z[ :[h[Y^ei >kcWdei Z[b '& Z[ Z_Y_[cXh[ Z[ '/*.$ 9B7I;I :; :;H;9>EI <KD:7C;DJ7B;I ;b :h$ :_[]e =kijWle 7dZhWZ[ 7hcWi" i[Â&#x2039;WbW gk[ ied Zei fh_d#

Y_fWbc[dj[" gk[ ied0 W :[h[Y^ei 9_l_b[i" [ije [i bei gk[ W\[YjWd Z[ ceZe c|i Z_h[Y# je W bW f[hiedW" o [djh[ bei c|i _cfehjWdj[i j[d[cei0 [b Z[h[Y^e W bW l_ZW o W bW _dj[]h_ZWZ \Â&#x2021;i_YW" [b Z[h[Y^e W bW fhef_[ZWZ" W bW b_X[h# jWZ" W bW i[]kh_ZWZ" W bW Z_]d_ZWZ" W bW b_X[hjWZ Z[ f[diWc_[dje o YedY_[dY_W" W bW b_Xh[ fhe\[i_Â&#x152;d Z[ kdW h[b_]_Â&#x152;d o W bW _dl_ebWX_b_ZWZ Z[b Zec_Y_b_e1 o" X :[h[Y^ei FebÂ&#x2021;j_Yei" ied bei gk[ i[ h[\_[h[d W bW _dj[hl[dY_Â&#x152;d Z[b Y_kZWZWde [d bW l_ZW fÂ&#x2018;Xb_YW o WiÂ&#x2021; j[d[cei0 bW b_X[hjWZ Z[ [nfh[# i_Â&#x152;d o Z[ _d\ehcWY_Â&#x152;d" bW b_X[hjWZ Z[ WieY_WY_Â&#x152;d o h[kd_Â&#x152;d" [b b_Xh[ WYY[ie W bW `kij_Y_W" [b Z[h[Y^e Wb ik\hW]_e" [b Z[h[Y^e W fWhj_Y_fWh [d [b ]eX_[hde" [b Z[h[Y^e W [n_]_h Z[b feZ[h fÂ&#x2018;Xb_Ye gk[ h_dZW Yk[d# jWi Z[ [iW WYj_l_ZWZ" bei Z[h[Y^ei ieY_eYkbjkhWb[i" [jY$ >Wo gk[ i[Â&#x2039;WbWh gk[ WYjkWb# c[dj[ oW de [n_ij[d bWi jh[i ][d[hWY_ed[i Z[ Z[h[Y^ei gk[ h[YedeYÂ&#x2021;W bW 9edij_jkY_Â&#x152;d FebÂ&#x2021;j_YW Z[ '//.1 [ije [i bei Z[h[Y^ei fh_# c[hW ][d[hWY_Â&#x152;d" gk[ [hWd bei Z[h[Y^ei Y_l_b[i o febÂ&#x2021;j_Yei1 bei Z[ i[]kdZW ][d[hWY_Â&#x152;d" [hWd bei Z[h[Y^ei [YedÂ&#x152;c_Yei" ieY_Wb[i o YkbjkhWb[i1 bei Z[ j[hY[hW ][d[# hWY_Â&#x152;d [hWd bei Z[h[Y^ei Yeb[Y# j_lei" ^eo [d bW 9edij_jkY_Â&#x152;d Z[ bW H[fÂ&#x2018;Xb_YW l_][dj[" Z[ WYk[hZe Wb 7hj$ '' dÂ&#x2018;c[he , Ă&#x2020;JeZei bei fh_dY_f_ei o bei Z[h[Y^ei ied _dWb_[dWXb[i" _hh[dkdY_WXb[i" _dZ_l_i_Xb[i" _dj[hZ[f[dZ_[dj[i o Z[ _]kWb `[hWhgkÂ&#x2021;W bWi d[]h_bbWi ied cÂ&#x2021;Wi Ă&#x2021;$ 9 7 H 7 9 J ; H Ă&#x17E; I J ? 9 7 I :; B EI :;H; 9>EI <KD:7C;DJ7B;I ;b :h$ :_[]e =kijWle 7dZhWZ[ 7hcWi" i[Â&#x2039;WbW gk[ j_[d[d bWi i_]k_[dj[i YWhWYj[hÂ&#x2021;ij_YWi0 W ?cfh[iYh_fj_Xb[i1 [ije [i de b[i W\[YjW bW fh[iYh_fY_Â&#x152;d" WÂ&#x2018;d YkWdZe Z[Xe i[Â&#x2039;WbWh gk[ [ijW YWhWYj[hÂ&#x2021;ij_YW de YedijW [d [b 7hj$ '' dÂ&#x2018;c[he , Z[ bW 9edij_jkY_Â&#x152;d Z[ bW H[fÂ&#x2018;Xb_YW1 X ?dWb_[dWXb[i1 [ije [i de ied

jhWdi\[h_Xb[i W ejhe j_jkbWh1 Y ?hh[dkdY_WXb[i1 [ije [i bW f[hiedW de fk[Z[ h[dkdY_Wh W [bbei1 o" Z Kd_l[hiWb[i" [d [b i[dj_Ze gk[ ied fei[Â&#x2021;Zei feh jeZei bei ^ecXh[i$ ;b 7hj$ '' dÂ&#x2018;c[he , jWcX_Â&#x192;d i[Â&#x2039;WbW gk[ ied _dj[hZ[f[dZ_[d# j[i" e i[W gk[ i[ [dbWpWd [djh[ iÂ&#x2021; o Z[ _]kWb `[hWhgkÂ&#x2021;W" Yed\ehc[ j[d]e cWd_\[ijWZe [d bÂ&#x2021;d[Wi Wdj[# h_eh[i1 WZ[c|i ied fhe]h[i_lei" e i[W gk[ fk[Z[d Wkc[djWhi[ o de Z_ic_dk_hi[ Yed\ehc[ be Z_ife# d[ [b dÂ&#x2018;c[he . Z[b 7hj$ '' Wdj[i c[dY_edWZe$ :[Xe cWd_\[ijWh gk[ bW ZeYjh_# dW i[Â&#x2039;WbW gk[ bWi YWhWYj[hÂ&#x2021;ij_YWi Z[ [ijei Z[h[Y^ei" ied bWi i_]k_[d# j[i0 '$ Ied `kij_Y_WXb[i1 ($ De h[ijh_YY_Â&#x152;d" e i[W ied fhe# ]h[i_lei1 )$ Fhe i[h ^kcWde" [ije [i fhe ^ec_d_1 o" *$ Ied _dj[]hWb[i1 [ije [i0 _dW# b_[dWXb[i" _hh[dkdY_WXb[i" de fh[iYh_fj_Xb[i" _dZ_l_i_Xb[i [ _dj[hZ[f[dZ_[dj[i$ ? C F E H J7 D 9 ? 7 : ; BEI : ; H ; 9 > E I <KD:7C;DJ7B;I ;b :h$ :_[]e =kijWle 7dZhWZ[ 7hcWi" i[Â&#x2039;WbW gk[ [d bW WYjkWb_# ZWZ i[ l_l[ kdW [jWfW Z[ bW ^_i# jeh_W Yedij_jkY_edWb ceZ[hdW e Yedj[cfeh|d[W" gk[ [ij| YWhWY# j[h_pWZW feh bW l[hj_]_deiW Yedi# j_jkY_edWb_pWY_Â&#x152;d Z[ bWi Z_\[h[dj[i [i\[hWi Z[b Z[h[Y^e" XW`e Y_[hjWi YedZ_Y_ed[i o Z[ bW WYj_l_ZWZ `kZ_# Y_Wb o [ijWjWb [d ][d[hWb1 [ije [i Yece cWd_\[ijWY_Â&#x152;d Z[b ;ijWZe Z[ :[h[Y^e ZedZ[ bei fh_dY_f_ei Z[ Yedij_jkY_edWb_ZWZ o Z[ b[]Wb_ZWZ _d\ehcWd jeZe fheY[ie Z[ _dj[h# fh[jWY_Â&#x152;d o Z[ Wfb_YWY_Â&#x152;d Z[b ehZ[# dWc_[dje `khÂ&#x2021;Z_Ye Z[ kdW dWY_Â&#x152;d" Yece [nfh[i_Â&#x152;d Z[ bW ZeYjh_dW Z[ bWi Yedij_jkY_ed[i WX_[hjWi" ikh]_# ZWi W fWhj_h Z[ bW I[]kdZW =k[hhW CkdZ_Wb" gk[ j_[d[d kdW YWhWY# j[hÂ&#x2021;ij_YW Z[ ZkYj_X_b_ZWZ o Z[ [ijW \ehcW f[hc_j[d W bei ]eX[hdWdj[i \eh`Wh kdW febÂ&#x2021;j_YW Yedij_jkY_edWb

[nfh[iWZW [d dehcWi Z[ fh_dY_# f_ei gk[ h[fh[i[djWd bW Yedj_dk_# ZWZ Z[b fWiWZe ^WY_W [b fh[i[dj[ o Z[b fh[i[dj[ ^WY_W [b \kjkhe" Yece X_[d be [nfh[iW C_]k[b 9WhXed[bb o" Z[ [ijW cWd[hW i[ Wi[]khW gk[ [d 7cÂ&#x192;h_YW BWj_dW i[ Yedieb_Z[d iki i_ij[cWi febÂ&#x2021;j_Yei Z[ce# Yh|j_Yei fhef_ei Z[ bei ;ijWZei 9edij_jkY_edWb[i o :[ceYh|j_Yei Z[ :[h[Y^e" gk[ j_[d[d Yece Z[hhej[he Wi[]khWh bW \k[hpW dehcWj_lW Z[ bWi 9edij_jkY_ed[i cWd_\[ijWZWi [d bei i_]k_[dj[i fWh|c[jhei" i[]Â&#x2018;d i[Â&#x2039;WbW [b `kh_i# jW Wh][dj_de 7djed_e >[hd|dZ[p" gk[ ied0 '$ BW YediW]hWY_Â&#x152;d Z[b Z[h[Y^e _dj[hdWY_edWb Z[ bei Z[h[Y^ei ^kcWdei1 ($ BW W\_hcWY_Â&#x152;d Z[b Z[h[Y^e W bW _dj[]hWY_Â&#x152;d1 )$ BW Yedieb_ZWY_Â&#x152;d Z[ kd fhe# Y[ie Z[ Z[iY[djhWb_pWY_Â&#x152;d Z[b feZ[h1 *$ BW W\_hcWY_Â&#x152;d Z[b Yedjheb Z[ Yedij_jkY_edWb_ZWZ1 o" $ 7i[]khWh [b \kdY_edWc_[dje Z[ ;ijWZei [\_YWY[i$ @ K H ? I F H K : ; D 9 ? 7 7B;C7D7 I E 8 H ; BEI : ; H ; 9 > E I <KD:7C;DJ7B;I ;d bW i[dj[dY_W 8L[h\=; &-" '/. i[Â&#x2039;WbW be i_]k_[dj[0 '$ Bei Z[h[Y^ei \kdZWc[djWb[i ied Wdj[ jeZe Z[h[Y^ei Z[ Z[\[diW Z[b Y_kZWZWde [d Yed# jhW Z[b ;ijWZe" f[he jWcX_Â&#x192;d _dYehfehW kd ehZ[d Z[ lWbeh[i eX`[j_le" gk[ Yece Z[Y_i_Â&#x152;d Yedij_jkY_edWb \kdZWc[djWb [i l|b_ZW fWhW jeZWi bWi [i\[# hWi Z[b Z[h[Y^e1 ($ ;d [b Z[h[Y^e Y_l_b i[ Z[iW# hhebbW _dZ_h[YjWc[dj[ [b Yed# j[d_Ze b[]Wb Z[ bei Z[h[Y^ei \kdZWc[djWb[i W jhWlÂ&#x192;i Z[ bWi Z_ifei_Y_ed[i Z[ Z[h[Y^e fh_lWZe o i[ _dYbko[ bWi Z_i# fei_Y_ed[i Z[ YWh|Yj[h Ye[h# Y_j_le" gk[ ied h[Wb_pWXb[i Z[ cWd[hW [if[Y_Wb feh bei `k[Y[i c[Z_Wdj[ bWi Yb|kikbWi ][d[# hWb[i1 Z[ jWb cWd[hW gk[ [b `k[p :FEK@EL8 <E C8 GĂ?>@E8 $ :)

Ĺ? Ĺ?

Ĺ?


Ĺ? Ĺ?

Ĺ?

Ä&#x201A;

Ĺ? Ä&#x160;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä

Ĺ? +. Ĺ? Ä&#x152;Ĺ?

Y_l_b fk[Z[ l_ebWh Yed iki i[d# j[dY_Wi Z[h[Y^ei \kdZWc[d# jWb[i" YkWdZe Z[iYedeY[ bei [\[Yjei Z[ [ijei Z[h[Y^ei [d bW cWj[h_W Y_l_b1 o" )$ BWi b[o[i ][d[hWb[i fWhW [b [ijWZe Z[ceYh|j_Ye b_Xh[" Z[X[d i[h _dj[hfh[jWZWi W bW bkp Z[b [if[Y_Wb i_]d_\_YWZe Z[b Z[h[Y^e \kdZWc[djWb Z[ bW b_X[hjWZ Z[ ef_d_Â&#x152;d" fk[i bW 9edij_jkY_Â&#x152;d fhej[][ de iebe bW [nfh[i_Â&#x152;d Z[ kdW ef_# d_Â&#x152;d Yece jWb" i_de jWcX_Â&#x192;d" bei [\[Yjei [if_h_jkWb[i gk[ i[ fheZkY[d W jhWlÂ&#x192;i Z[ bW [nfh[i_Â&#x152;d Z[ kdW ef_d_Â&#x152;d1 o [d [ij[ YWie Z[ bW i[dj[dY_W Wdj[i c[dY_edWZW" Yedj_[d[ kd bbWcWZe W kd Xe_Yej" f[he [ije de l_ebW d[Y[iWh_Wc[dj[ bWi Xk[dWi YeijkcXh[i" fk[i ;@MFI:@FJ I<GL9C@:8 ;<C <:L8;FI

nnn%]leZ`feal[`Z`Xc$g`Z_`eZ_X% ^fY%\Z :@K8:@FE 8 G8:?<:F G8C8:@FJ =<IE8E;8 ;< CFLI;<J 8:KFI%$ <;@JFE IFC8E;F M@EL<Q8 :8JK@CCF Al`Z`f Ef1 (.*',$)'(($'--0$CJ I\jg1 ;I% C<FE8I;F J8E:?<Q EF <O@JK<E D<EFI<J E@ 9@<E<J @EDL<9C<J Al`Z`f M\iYXc JldXi`f ;@MFI:@F Ef% @E@:@8;F <C ), ;< D8PF ;<C )'(( ;<=<EJFI1 ;I8% DF@:8 KILA@CCF GIFM@;<E:@8%$ ALQ>8;F HL@EKF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# cle\j )' [\ ale`f [\c )'((# cXj (-_(,%$ M@JKFJ% Ă&#x2020;Gfi Zldgc`[f cf [`jgl\jkf \e gifm`[\eZ`X `e`Z`Xc p \e cf gi`eZ`$ gXc# cX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p% KiXdÂ&#x2C6;k\j\ \e al`Z`f m\iYXc jldXi`f% :fe cX [\dXe[X p gifm`[\eZ`X i\ZXÂ&#x2C6;$ [X# ZÂ&#x2C6;k\j\ X cX [\dXe[X[X j\Â&#x152;fiX JI8% =<IE8E;8 ;< CFLI;<J G8:?<:F G8C8:@FJ# \e lef [\ cfj g\i`Â?[`Zfj [\ Xdgc`X Z`iZlcX$ Z`Â?e hl\ j\ \[`kX \e \jkX Z`l[X[ [\ Hl`kf# d\[`Xe[f fZ_f [Â&#x2C6;Xj _}Y`$ c\j \eki\ leX p fkiX glYc`ZXZ`Â?e \e Xk\eZ`Â?e Xc aliXd\ekf i\e[`[f p [\ Zfe]fid`[X[ Zfe \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c% KÂ&#x201E;e^Xj\ \e Zl\ekX cX `ej`elXZ`Â?e [\ ZliX[fi X[$c`k\d p \c :Xj`cc\if Al[`Z`Xc j\Â&#x152;XcX[f% 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cfj [fZld\ekfj XZfd$ gXÂ&#x152;X[fj% $ Efk`]Â&#x2C6;hl\j\% ] %$ ;I8% D8I@8 D<I:<;<J GFIK@CC8# AL<Q8 HL@EKF ;< CF :@M@C ;< G@:?@E:?8% Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ c\p% ;I% CL@J IFE M@CC8M@:<E:@F J<:I<K8I@F < ?Xp ]`idX p j\ccf 8:&/((+'&k] I<GL9C@:8 ;<C <:L8;FI ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8 <OKI8:KF AL;@:@8C :@K8:@äE AL;@:@8C 81 D8EL<C D<JĂ 8J IĂ FJ =I<@I< 8:KFI1 C@C@8 ;FCFI<J :?8C:F Q<8J AL@:@F ;< ;@MFI:@F Ef% '-)*$ )'(( <>% F9A<KF ;< C8 ;<D8E;8%$ Hl\ d\[`Xek\ cX j\ek\eZ`X# j\ [\ZcXi\ [`jl\ckf \c mÂ&#x2C6;eZlcf dXki`dfe`Xc hl\ le\ X cX XZkfiX p Xc [\dXe[X[f% 89F>8;F ;<=<EJFI ;I8% G8KI@:@8 J8C8Q8I :8J@CC8 AL;@:@8C EF% +,*/ ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# m`\ie\j (, [\ alc`f [\c )'((# cXj ()_**% M@JKFJ%$ <e m`ikl[ [\c jfik\f [\ c\p Zfii\jgfe[`\ek\# XmfZf Zfef$ Z`d`\ekf [\ cX gi\j\ek\ ZXljX \e ZXc`[X[ [\ Al\q k`klcXi%$ CX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# gfi cf hl\ [\ZcX$ i}e[fj\cX gifZ\[\ek\ j\ cX XZ\gkX Xc ki}d`k\ m\iYXc jldXi`f%$ <e dÂ&#x201E;i`kf

Ĺ?

fk[Z[ [ijWh `kij_\_YWZW Yedi# j_jkY_edWbc[dj[ c[Z_Wdj[ bW b_X[hjWZ Z[ ef_d_Â&#x152;d Wb fedZ[# hWh jeZWi bWi Y_hYkdijWdY_Wi Z[b YWie$ 9ED9BKI?ED;I H[_j[hWZWc[dj[ ^[ cWd_\[i# jWZe" gk[ [b i[h ^kcWde [i Wdj[ jeZe fehjWZeh Z[ kdW i[h_[ Z[ Z[h[Y^ei" gk[ [d jeZe cec[dje fk[Z[ ^WY[h lWb[h \h[dj[ Wb feZ[h1 o Z[ bei *** WhjÂ&#x2021;Ykbei gk[ j_[d[ bW 9edij_jkY_Â&#x152;d Z[ bW H[fÂ&#x2018;Xb_YW" -* i[ h[\_[h[d W Z[h[Y^ei1 Z[ jWb ceZe gk[ bei Z[h[Y^ei \kdZWc[djWb[i ied bW [nfh[i_Â&#x152;d c|i _dc[Z_WjW Z[ bW Z_]d_ZWZ ^kcWdW" e i[W bei i[h[i ^kcWdei fei[[d Z[h[Y^ei \kdZWc[djWb[i" feh j[d[h Z_]d_# ZWZ e YWb_ZWZ Z[ f[hiedW ^kcWdW1 WiÂ&#x2021; [b ;ijWZe i[ b_c_jW W h[Yede# Y[h bei Z[h[Y^ei \kdZWc[djWb[i" fk[i ied Z[h[Y^ei dWjkhWb[i Z[b ^ecXh[" feh [ie ^eo" bei Z[h[Y^ei dWjkhWb[i i[ bbWcWd Z[h[Y^ei ^kcWdei e Z[h[Y^ei \kdZWc[d# jWb[i" fehgk[ ied bei Z[h[Y^ei gk[ j_[dZ[d W gk[ jeZWi bWi f[hiedWi gk[ l_l[d [d [ij[ fWÂ&#x2021;i bbWcWZe

Xc aliXd\ekf hl\ k`\e\ i\e[`[f cX j\Â&#x152;fiX C`c`X ;fcfi\j :_XcZf Q\Xj p [\ Zfe]fid`[X[ Zfe \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# j\ fi[\eX hl\ j\ Z`k\ Xc [\dXe[X[f j\Â&#x152;fi DXel\c D\jÂ&#x2C6;Xj IÂ&#x2C6;fj =i\`i\# gXiX cfj ]`e\j c\^Xc\j g\ik`e\ek\j# d\[`Xek\ ki\j glYc`ZXZ`fe\j gfi cX gi\ejX \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[ [\ Hl`kf p [\ Zfe]fid`[X[ Zfe cf [`jgl\jkf \e \c 8ik% ((0 [\c :Â?[`^f :`m`c%$ 8c \]\Zkf i\dÂ&#x2C6;kXj\ \c \okiXZ$ kf Zfii\jgfe[`\ek\% KÂ&#x201E;e^Xj\ \e Zl\ekX cX `ej`elXZ`Â?e [\ :liX[fi 8[$ C`k\d%$ 8^iÂ&#x201E;^l\j\ X cfj Xlkfj cfj [fZld\ekfj hl\ XZfdgXÂ&#x152;X X cX [\dXe[X%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if al[`Z`Xc# j\Â&#x152;XcX[f gXiX gfj$ k\i`fi\j efk`]`ZXZ`fe\j# XjÂ&#x2C6; Zfdf cX Xlkfi`qXZ`Â?e Zfe]\i`[X X jl 8Yf^X[f ;\]\ejfi%$ :Â&#x2C6;k\j\ p Efk`]Â&#x2C6;hl\j\%$ = ;I% AFJy D8IKĂ E<Q E8I8EAF% AL<Q Cf hl\ c\ Zfdle`Zf X ljk\[ p c\ Z`kf gXiX cfj ]`e\j [\ c\p g\ik`e\ek\j# gi\$ m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ \e j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX jlj ]lkliXj efk`]`ZXZ`fe\j%$ :\ik`]`Zf%$ ;i% <[^Xi ?Xif MXc\eql\cX% J<:I<K8I@F \ ;<C ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8 ?Xp le j\ccf 8%:%&/('*-

I\gÂ&#x2019;Yc`ZX [\c <ZlX[fi

<OKI8:KF AL;@:@8C ALQ>8;F ;y:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 8 AFI>< 8C=I<;F IF;I@>L<Q IF:?8 AL@:@F1 ;@MFI:@F Ef% ,)($)'(($ BD 8:KFI1 D8I@8 E8I:@J8 M@:?@J<C8 J@D8C@Q8 ;<D8E;8;F1 AFI>< 8C=I<;F IF;I@>L<Q IF:?8 F9A<KF1 F9K<E<I C8 ;@JFCL:@äE ;<C MĂ E:LCF D8KI@DFE@8C :8LJ8C1 J\^le[f `eZ`jf [\ cX ZXl$ jXc ((\iX% [\c 8ik% ((' [\c :Â?[`^f :`m`c KI8D@K<1 M<I98C JLD8I@F :L8EKĂ 81 @E;<K<ID@E8;8 G I F M @ ; < E : @ 8 ALQ>8;F ;<:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8% Hl`kf# d`Â&#x201E;iZfc\j )0 [\ ale`f [\c )'((# cXj ((_+.%$ M@JKFJ1 CX [\dXe[X \j ZcXiX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p% Gfi Zfej`^l`\ek\# Xc j\i gifZ\[\ek\ \c ki}d`k\ m\iYXc jldXi`f p Xk\ekf \c aliXd\ekf i\e[`[f gfi \c XZkfi# Zfe \c c`Y\cf `e`Z`Xc p \jkX gifm`[\eZ`X# ZÂ&#x2C6;k\j\ X cX j\Â&#x152;fi AFI>< 8C=I<;F IF;I@>L<Q IF:?8 d\[`Xek\ glYc`ZXZ`fe\j [\ gi\ejX# \e cX ]fidX [`jgl\jkX gfi \c 8ik% ((0 [\c :Â?[`^f :`m`c p \e cX Z`l[X[ [\ Hl`kf# cl^Xi [\c al`Z`f p [\c dXki`dfe`f% GXiX cX [\j`^eXZ`Â?e [\ ZliX[fi X[$ c`k\d Â?`^Xj\ Xc j\Â&#x152;fi 8^\ek\ =`jZXc [\ G`Z_`eZ_X% KÂ?d\j\ \e Zl\ekX \c [fd`Z`c`f al[`Z`Xc j\Â&#x152;XcX[f gfi cX XZZ`feXek\ p X^iÂ&#x201E;^l\j\ cX [fZld\e$ kXZ`Â?e X[alekX% Efk`]Â&#x2C6;hl\j\%$ = ;i% IlYÂ&#x201E;e :\mXccfj =XYXiX% Al\q% Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`$ ^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX ]lkliXj efk`]`ZXZ`fe\j

hl\ c\ Zfii\jgfe[Xe% :\ik`]`Zf# ;i% E`cf >feqXcf 8cdXZ_` J\Zi\kXi`f [\c Alq^X[f ;Â&#x201E;Z`df K\iZ\if [\ cf :`m`c [\ G`Z_`eZ_X ?Xp le j\ccf 8%:%/'0''& C8 I<GL9C@:8 ;<C <:L8;FI ALQ>8;F M@><J@DF :L8IKF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 8C JI :8ICFJ D8I:<CF >L<II<IF# ;<C AL@:@F M<I98C JLD8I@F ;`mfiZ`f # GIFGL<JK8 <E JL :FEKI8 GFI C8 JI8% A8K@M8 >8II@;F CFLI;<J ><EFM<M8% 8:KFI1 A8K@M8 >8II@;F CFLI;<J ><EFM<M8 ;<D8E;8;81 :8ICFJ D8I:<CF >L<II<IF AL@:@F1 M\iYXc JldXi`f Ef% '(*/$ )'(($ <; :L8EKĂ 81 @e[\k\id`eX[X =<:?8 ;< @E@:@8:@äE1 *' [\ dXpf [\c )'(( GIFM@;<E:@81 ALQ>8;F M@>yJ@DF :L8IKF ;< CF :@M@C ;< G@:?@E:?8% HL@KF# *' [\ dXpf [\c )'((# cXj ('_*,%$ M@JKFJ1 :ldgc`[f hl\ _X j`[f \c i\hl\i`d`\ekf jfc`Z`kX[f \e gifm`$ [\eZ`X `e`Z`Xc# cX [\dXe[X hl\ Xek\$ Z\[\ j\ cX ZXc`]`ZX [\ ZcXiX# gi\Z`jX# Zfdgc\kX p hl\ i\Â&#x2019;e\ cfj [\d}j i\hl`j`kfj [\ c\p2 gfi cf kXekf# j\ cX XZ\gkX X ki}d`k\ \e cX mÂ&#x2C6;X [\c al`Z`f m\iYXc jldXi`f%$ <e cf gi`eZ`gXc# Xk\ekX Xc aliXd\ekf i\e[`[f gfi cX XZkfiX p [\ Zfe]fid`[X[ X cf [`j$ gl\jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# ZÂ&#x2C6;k\j\ Xc j\Â&#x152;fi :8ICFJ D8I:<CF >L<II<IF# d\[`Xek\ ki\j glYc`ZXZ`fe\j hl\ j\ _Xi}e# ZX[X leX [\ \ccXj \e ]\Z_X [`jk`ekX# \e le g\i`Â?[`Zf [\ Xdgc`X Z`iZlcXZ`Â?e [\ cX Z`l[X[ p ZXekÂ?e Hl`kf# gifm`eZ`X [\ G`Z_`eZ_X2 p# kXc Zfdf cf [`jgfe\ \c 8ik% ((0 [\c :Â?[`^f :`m`c# \j [\Z`i# j\ cXj _Xi} d\[`Xe[f kÂ&#x201E;id`ef [\ fZ_f [Â&#x2C6;Xj# gfi cf d\efj# \eki\ cX leX p cX fkiX%$ KÂ?d\j\ efkX [\ cX ZlXekÂ&#x2C6;X p [fd`Z`c`f al[`Z`Xc j\Â&#x152;XcX[fj gfi cX j\Â&#x152;fiX A8K@M8 >8II@;F CFLI;<J ><EFM<M8 p cX Xlkfi`qXZ`Â?e hl\ [X X jl XYf^X[f [\]\ejfi%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cX [fZld\ekXZ`Â?e XZfd$ gXÂ&#x152;X[X%$ :Â&#x2C6;k\j\ p efk`]Â&#x2C6;hl\j\%%%$ ] ;iX% DÂ?e`ZX =cfi GXqd`Â&#x152;f% Al\qX% Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`$ ^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc \e \jkX Z`l[X[ [\ Hl`kf gXiX gfjk\i`fi\j efk`]`ZXZ`fe\j% 8Y% DXi`f CXjjf Fik\^X J<:I<K8I@F ;<C ALQ>8;F M@>yJ@DF :L8IKF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/'-00&k]

<OKI8:KF

ALQ>8;F M@>Ă&#x;J@DF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 8C J<zFI AL8E CL@J 8CM8I8;F 8M@CyJ AL@:@F1 M<I98C JLD8I@F ;@MFI:@F Ef% +*,$(( <%8% 8:KFI% D8I@8 ;<C=@E8 >L8DĂ?E >L8CĂ?E

;YkWZeh i[Wcei \[b_Y[i$ Bei Z[h[Y^ei ^kcWdei ied Wgk[bbWi \WYkbjWZ[i" _dij_jkY_e# d[i e h[_l_dZ_YWY_ed[i h[bWj_lWi W X_[d[i fh_cWh_ei e X|i_Yei gk[ _dYbkoWd W jeZW f[hiedW" feh [b i_cfb[ ^[Y^e Z[ ik YedZ_Y_Â&#x152;d ^kcWdW" fWhW bW ]WhWdjÂ&#x2021;W Z[ kdW l_ZW Z_]dW$ Ied _dZ[f[dZ_[dj[i Z[ \WYjeh[i fWhj_YkbWh[i Yece [b ijWjki" i[ne" eh_[djWY_Â&#x152;d i[nkWb" [jd_W e dWY_edWb_ZWZ1 o ied _dZ[# f[dZ_[dj[i e i[W de Z[f[dZ[d [nYbki_lWc[dj[ Z[b ehZ[dWc_[d# je `khÂ&#x2021;Z_Ye l_][dj[$ :[iZ[ kd fkdje Z[ l_ijW c|i [gk_jWj_le" bei Z[h[Y^ei ^kcWdei i[ ^Wd Z[\_d_Ze Yece bWi YedZ_# Y_ed[i gk[ f[hc_j[d Yh[Wh kdW h[bWY_Â&#x152;d _dj[]hWZW [djh[ bW f[h# iedW o bW ieY_[ZWZ" gk[ f[hc_jW W bei _dZ_l_Zkei i[h f[hiedWi" _Z[d# j_\_Y|dZei[ Yedi_]e c_icei o bei ejhei" WiÂ&#x2021; be i[Â&#x2039;WbW [b jhWjWZ_ijW >Â&#x192;Yjeh CehWb[i =_b Z[ bW Jehh[$ :[ be gk[ i[ Z[ifh[dZ[ gk[ bei Z[h[Y^ei ^kcWdei Yedij_jko[d bW [nfh[i_Â&#x152;d c|i Z_h[YjW [ _dc[# Z_WjW Z[ bW Z_]d_ZWZ Z[ bW f[hiedW ^kcWdW" fk[i ied bei Yecfed[d#

j[i [ijhkYjkhWb[i X|i_Yei" jWdje Z[b Yed`kdje Z[b ehZ[d `khÂ&#x2021;Z_Ye Yece Z[ YWZW kdW Z[ bWi hWcWi gk[ be _dj[]hWd" [d hWpÂ&#x152;d Z[ gk[ ied bW [nfh[i_Â&#x152;d `khÂ&#x2021;Z_YW Z[ kd i_ij[cW Z[ lWbeh[i" fk[i Yece i[Â&#x2039;WbW bW :hW$ :Woi_ FWebW Jehh[i DWlWhh[j[ [d ik j[i_i Z[ WXe]W# YÂ&#x2021;W" gk_[d cWd_\_[ijW Ă&#x2020;FeZ[cei YedY[fjkWb_pWh W bei Z[h[Y^ei ^kcWdei Yece kd Yed`kdje Z[ \WYkbjWZ[i [ _dij_jkY_ed[i gk[" [d YWZW cec[dje ^_ijÂ&#x152;h_Ye" YedYh[# jWd bW [n_][dY_W Z[ bW Z_]d_ZWZ" bW b_X[hjWZ o bW Z_]d_ZWZ ^kcWdW" bWi YkWb[i Z[X[d i[h YedeY_ZWi fei_j_lWc[dj[ feh YWZW ehZ[dW# c_[dje `khÂ&#x2021;Z_Ye W d_l[b dWY_edWb [ _dj[hdWY_edWb" ]WhWdj_pWZei [\[Y# j_lWc[dj[Ă&#x2021;$ ;b :h$ FWXbe FÂ&#x192;h[p i[Â&#x2039;WbW Yed hWpÂ&#x152;d" Ă&#x2020;Bei Z[h[Y^ei ^kcWdei fei[[d kdW Z_c[di_Â&#x152;d o kd \kd# ZWc[dje kd_l[hiWb" [i Z[Y_h ied _]kWb[i fWhW jeZei Yed _dZ[f[d# Z[dY_W Z[b bk]Wh" Z[b cel_c_[dje ^_ijÂ&#x152;h_Ye" [jY$" Z[iZ[ [b fkdje Z[ l_ijW Z[b h[bWj_l_ice feh [b Yed# jhWh_e" i[ [dj_[dZ[ gk[ bei Z[h[# Y^ei ^kcWdei fei[[d kd YedY[f#

Ied bei _deY[dj[i o de bei iWX_ei bei gk[ h[ik[bl[d bWi Yk[ij_ed[i Z_\Â&#x2021;Y_b[i$ FĂ&#x17E;E 87HE@7 ;<D8E;8;F1 AL8E CL@J 8CM8I8;F 8M@CyJ ;FD@:@C@F% ;I% ?FD<IF I8D@I<Q D% KI8D@K<% M<I98C JLD8I@F :L8EK@8% @E;<K<ID@E8;8 :8J@CC<IF% (+// ALQ>8;F M@><J@DF ;< CF :@M@C ;< G@:?@E:?81%$ Hl`kf# j}YX[f (+ [\ dXpf [\c )'((%$ CXj ((_'*%$ M@JKFJ1 <e m`ikl[ [\c jfik\f i\X$ c`qX[f XmfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e ZXc`[X[ [\ Al\q K`klcXi c\^Xcd\ek\ gfj\j`feX[f%$ <e cf gi`eZ`gXc# cX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX p gi\Z`jX gfi cf hl\ j\ cX XZ\gkX X ki}d`k\ M<I98C JLD8I@F%$ <e Zfej\Zl\eZ`X# [\ Zfe]fid`[X[ X cf gi\m`jkf \e \c 8ik% ((' ZXljXc ((# `eZ`jf )[f# [\c :Â?[`^f :`m`c# \ekiÂ&#x201E;^l\j\ Zfg`X [\ cX [\dXe[X p gifm`[\eZ`X i\ZXÂ&#x2C6;[X \e \ccX Xc [\dXe[X[f AL8E CL@J 8CM8I8;F 8M@CyJ# Xc d`jdf hl\ Xk\ekf \c aliXd\ekf [\ cX XZkfiX# j\ cf Z`kXi} gfi cX gi\ejX# \jkf \j \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[ [\ Hl`kf# [\ XZl\i[f X cf gi\m`jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c%$ :fe cX `ej`$ elXZ`Â?e [\ :liX[fi 8[$c`k\d# Â?`^Xj\ X lef [\ cfj j\Â&#x152;fi\j I\gi\j\ekXek\j [\c D`e`jk\i`f GÂ&#x2019;Yc`Zf%$ 8^iÂ&#x201E;^l\ej\ Xc gifZ\jf cfj [fZld\ekfj gi\j\e$ kX[fj%$ KÂ&#x2026;e^Xj\ \e Zl\ekX \c ZXj`$ cc\if p [fd`Z`c`f al[`Z`Xc [\j`^eX[f gfi cX XZkfiX%$ EFK@=@HL<J<%$ ] ;I% :i`jkÂ?YXc Fa\[X DXikÂ&#x2C6;e\q% AL<Q \ % Cf hl\ Zfdle`Zf X L[%# gXiX cfj ]`e\j [\ C\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi [fd`Z`c`f p ZXj`cc\if al[`Z`Xc \e cX ]fidX p [\ekif [\c g\iÂ&#x2C6;d\kif c\^Xc%$ :\ik`]`Zf%$% ;I% >8CF 98<Q A8@D<% J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/'-//&k] I% [\c <% ALQ>8;F F:K8MF ;< CF :@M@C ;< G@:?@E:?8 :`kXZ`Â?e Al[`Z`Xc X cX j\Â&#x152;fiX D8I@8 CLQD@C8 :LE>L8E @IL8# j\ c\ _XZ\ jXY\i hl\ \e \jkX Al[`ZXkliX j\ _X gi\j\ekX[f cX j`^l`\ek\ XZZ`Â?e1 8:KFI1 Cl`j GlccXp >lXd}e ;<D8E;8;81 DXiÂ&#x2C6;X Clqd`cX :le^lXe @ilX 8JLEKF1 ;`mfiZ`f KI8D@K<1 M\iYXc JldXi`f :8LJ81 (-'. Ă&#x2020; )'(' :L8EK@81 @e[\k\id`eX[X AL<Q JLGC<EK<1 ;i% 8idXe[f 8Z\c[f >lXcc` J<:I<K8I@F1 ;i% AlXe =iXeZ`jZf Aljk`Z`X JXc^X[f

KI8D@K81 8Y% <]iXÂ&#x2C6;e DXikÂ&#x2C6;e\q KXg`X GIFM@;<E:@81 ALQ>8;F F:K8MF ;< CF :@M@C ;< G@:?@E:?81 Hl`kf# cle\j (* [\ [`Z`\dYi\ [\c )'('# cXj ((_,0%$ M@JKFJ1$ 8mfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX# \e d` ZXc`[X[ [\ Al\q Jlgc\ek\# d\[`Xek\ F]`Z`f Ef% ;;G$((++ [\ (( [\ Alc`f [\c )''. p \e m`jkX [\c jfik\f Zfii\jgfe[`\e$ k\%$ CX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX p i\Â&#x2019;e\ cfj [\d}j i\hl`j`kfj [\ c\p2 \e Zfej\Zl\eZ`X# [\j\ X cX d`jdX \c ki}d`k\ M\iYXc JldXi`f# \ekiÂ&#x201E;^l\j\ leX Zfg`X [\ cX [\dXe$ [X p \jkX gifm`[\eZ`X X cX j\Â&#x152;fiX D8I@8 CLQD@C8 :LE>L8E @IL8# :Â&#x2C6;k\j\ \e cX [`i\ZZ`Â?e j\Â&#x152;XcX[X# gXiX cfj ]`e\j [\ c\p%$ 8[aÂ&#x2019;ek\j\ cX [fZl$ d\ekXZ`Â?e gi\j\ekX[X%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX$ [f%$ Efk`]Â&#x2C6;hl\j\ p :Â&#x2C6;k\j\%$ ] %$ ;i% 8idXe[f 8Z\c[f >lXcc`% AL<Q% ALQ>8;F F:K8MF ;< CF :@M@C ;< G@:?@E:?81 Hl`kf# dXik\j * [\ dXpf [\c )'((# cXj (+_+(%$ 8k\ekf Xc g\k`kfi`f hl\ Xek\Z\[\# \e m`jkX [\c aliXd\ekf \ogi\jf [\c XZkfi# gfi \c hl\ X]`idX jfYi\ cX `dgfj`Y`c`[X[ [\ [\k\id`eXi cX `e[`m`[lXc`[X[ f i\j`$ [\eZ`X XZklXc [\ cX j\Â&#x152;fiX D8I@8 CLQD@C8 :LE>L8E @IL8# ZÂ&#x2C6;k\j\ gfi cX gi\ejX \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[ [\ Hl`kf# Gifm`eZ`X [\ G`Z_`eZ_X p \e cX Z`l[X[ [\ KlcZ}e# Gifm`eZ`X [\c :XiZ_`# Zfe]fid\ cf [`jgfe\ \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c%$ :Â&#x2C6;k\j\ p Efk`]Â&#x2C6;hl\j\% ] %$ ;i% 8idXe[f 8Z\c[f >lXcc`% AL<Q% Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ c\p% Gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e [\ j\Â&#x152;XcXi [fd`Z`c`f al[`Z`Xc Zfe]fid\ X c\p# gXiX ]lkliXj efk`]`ZXZ`fe\j% ;i% =iXeZ`jZf Aljk`Z`X JXc^X[f J<:I<K8I@F ALQ>8;F F:K8MF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/'-0,&k] I<GL9C@:8 ;<C <:L8;FI ALQ>8;F ;<:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 8 C8 J<zFI81 CL:@8 ;< =8K@D8 HL@CC<$PLE>8 <OKI8:KF AL@:@F1 ;@MFI:@F Ef% )'(($'-).$M>D 8:KFI1 CL@J D8EL<C :LI@GFD8 D8:8J ;<D8E;8;81 CL:@8 ;< =8K@D8 HL@CC<$PLE>8 KI8D@K<1 M<I98C JLD8I@F :L8EK@81 @E;<K<ID@E8;8 F9A<KF1 F9K<E<I C8 ;@JFCL:@äE

;<C M@E:LCF D8KI@DFE@8C HL< C<J LE<# :FE=FID< CF ;@JGFE<% <C @E:@JF J<>LE;F ;< C8 :8LJ8C ;<:@DF GI@D<I8# 8IK% ((' ;<C :F;@>F :@M@C M@><EK<%$ ALQ>8;F ;<:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8# HL@KF# m`\ie\j (' [\ ale`f [\c )'((# cXj ('_'/%$ M@JKFJ1 Gfi Zldgc`[f cf fi[\eX[f \e gifm`[\eZ`X `e`Z`Xc p \e m`ikl[ [\c jfik\f i\Xc`qX[f%$ CX [\dXe[X gifgl\jkX gfi CL@J D8EL<C :LI@GFD8 D8:8J# \j ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ c\p# gfi cf hl\ [\ZcXi}e[fj\cX gifZ\[\ek\ j\ cX X[d`k\ Xc ki}d`k\ M\iYXc JldXi`f% <e dÂ&#x201E;i`kf [\ cX X]`idXZ`Â?e dXe`]\jkX[X YXaf aliX$ d\ekf gfi cX XZkfiX# i\jg\Zkf [\ cX `dgfj`Y`c`[X[ [\ gf[\i [\k\id`eXi \c XZklXc [fd`Z`c`f p i\j`[\eZ`X [\c [\dXe[X[f# ZÂ&#x2C6;k\j\ X cX j\Â&#x152;fiX CL:@8 ;< =8K@D8 HL@CC<$PLE>8# gfi cX gi\ejX# \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[ [\ Hl`kf# Zfdf cf [`jgfe\ \c 8ik%$/) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# gXiX cf ZlXc j\ \eki\^Xi} \c i\jg\Zk`mf \okiXZkf%$ :fe cX `ej`elXZ`Â?e _\Z_X [\ :liX[fi 8[$c`k\d# ZlÂ&#x201E;ek\j\ Zfe lef [\ cfj Ji\j% 8^\ek\j =`jZXc\j [\ cf G\eXc [\ G`Z_`eZ_X%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cfj [fZld\ekfj X[alekfj%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if al[`$ Z`Xc j\Â&#x152;XcX[f# gXiX jlj gfjk\i`fi\j efk`]`ZXZ`fe\j%$ EFK@=Ă HL<J<%$ ] % ;i% IlYÂ&#x201E;e :\mXccfj =XYXiX%$ Al\q Jlgc\ek\%$ Cf hl\ Zfdle`Zf gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`$ Z`Xc gXiX ]lkliXj efk`]`ZXZ`fe\j%$ :\ik`]`Zf%$ ;I% E@CF >FEQ8CF 8CD8:?@ J<:I<K8I@F ;<C ALQ>8;F ;<:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 ?Xp le j\ccf 8%:%&/'/-. <OKI8:KF%$ I<GL9C@:8 ;<C <:L8;FI ALQ>8;F M@>yJ@DF GI@D<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 8 C8 J<zFI8 P8;@I8 CLD9I<I8 G<I<Q AL@:@F1 M<I98C JLD8I@F Ef% )+.$ )'(( I%:% 8:KFI%$CL@J <IE<JKF M@CC8:Ă J 9<:<II8 ;<D8E;8;F%$P8;@I8 CLD9I<I8 G<I<Q F9A<KF1 ;@JFCM<I <C M@E:LCF D8KI@DFE@8C =LE;8D<EKF C<>8C%$ 8IK% ((' [\c :Â?[`^f :`m`c :L8EKĂ 81 @E;<K<ID@E8;8 ;FD@:@C@F C<>8C1 :Xj`cc\if Al[`Z`Xc Eif% +'++ [\c ;i% IXÂ&#x2019;c DXiZ\cf >Xc\Xj 8LKF ;< :8C@=@:8:@äE%$ ALQ>8;F M@>yJ@DF GI@D<IF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# dXik\j (. [\ dXpf [\c )'((# cXj ('_++%$ LeX m\q hl\ j\ _X [X[f Zldgc`$ d`\ekf X cf [`jgl\jkf \e gifm`[\eZ`X gi\Z\[\ek\# j\ ZXc`]`ZX cX [\dXe[X Zfdf ZcXiX# Zfdgc\kX p Zfek\ek`mX [\ cfj i\hl`j`kfj gi\Z\gklX[fj \e cfj XikÂ&#x2C6;Zlcfj -. p -/ [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c2 Zfej\Zl\e$

je YkbjkhWb o gk[" feh jWdje iebe fk[Z[d fh[Z_YWhi[ h[if[Yje Z[ kdW ieY_[ZWZ o kd cec[dje ^_i# jÂ&#x152;h_Ye Z[j[hc_dWZe" i_d gk[ i[W fei_Xb[ [nj[dZ[hbe W YkWbgk_[h cec[dje o W YkWbgk_[h YkbjkhWĂ&#x2021;1 feh jWb [ijei Z[h[Y^ei Z[X[d i[h h[YedeY_Zei" h[if[jWZei" jkj[bW# Zei o fhecel_Zei feh dk[ijhe ehZ[dWc_[dje `khÂ&#x2021;Z_Ye o feh [b ]eX_[hde Z[ jkhde" fk[i iebe Z[ [ijW cWd[hW [ijWh[cei l_l_[dZe [d kd ;ijWZe Yedij_jkY_edWb Z[ Z[h[Y^ei o `kij_Y_W$ :[ be WdejWZe i[ Z[ifh[dZ[" gk[ bei Z[h[Y^ei \kdZWc[djWb[i ied bW [nfh[i_Â&#x152;d c|i _dc[Z_WjW Z[ bW Z_]d_ZWZ ^kcWdW" e i[W bei i[h[i ^kcWdei fei[[d Z[h[Y^ei \kd# ZWc[djWb[i feh j[d[h Z_]d_ZWZ e YWb_ZWZ Z[ f[hiedW ^kcWdW1 WiÂ&#x2021; [b ;ijWZe i[ b_c_jW W h[YedeY[h Z_Y^ei Z[h[Y^ei" fk[i ied Z[h[# Y^ei dWjkhWb[i Z[b ^ecXh[$

.2_ĹŠ 1!~ ĹŠ +!.-~ Ä&#x201D;ĹŠ ĹŠ ĹŠ

ĹŠ ĹŠ ĹŠ

k\d\ek\# X[d`k`Â&#x201E;e[fcX Xc ki}d`k\ m\iYXc jldXi`f# \e Xk\eZ`Â?e X cX X]`idXZ`Â?e hl\ Zfe aliXd\ekf \]\Z$ kÂ&#x2019;X \c XZkfi jfYi\ cX `dgfj`Y`c`[X[ [\ [\k\id`eXi cX `e[`m`[lXc`[X[ f i\j`[\eZ`X [\ cX [\dXe[X[X# ZÂ&#x2C6;k\j\ X P8;@I8 CLD9I<I8 G<I<Q gfi cX gi\ejX# \e lef [\ cfj [`Xi`fj [\ Xdgc`X Z`iZlcXZ`Â?e \e \jkX Z`l[X[ [\ Hl`kf cl^Xi [fe[\ j\ Z\c\YiÂ? \c dXki`dfe`f# \e cX ]fidX hl\ gi\Z\gkÂ&#x2019;Xe cfj XikÂ&#x2C6;Zlcfj ((0 [\c :Â?[`^f :`m`c p /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c \e cX d`jdX dXk\i`X% 8^iÂ&#x201E;^l\ej\ Xc \og\[`\ek\ cfj [fZld\ekfj i\]\i`[fj \e cX ]\ [\ gi\j\ekXZ`Â?e jljZi`kX gfi \c i\j$ gfejXYc\ [\ cX F]`Z`eX [\ Jfik\fj p :Xj`cc\ifj Al[`Z`Xc\j%$:@K<J< p EFK@=@HL<J<% ;I% IL9<E >@C<I :<;<zF% <C AL<Q Cf Zfdle`ZÂ? X Ljk\[ p C< :@KF gi\$ m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ X cX [\dXe[X[X [\ j\Â&#x152;XcXi ZXj`$

cc\if al[`Z`Xc# gXiX jlj gfjk\i`fi\j efk`]`ZXZ`fe\j%$ C@:% >L@;F <JG@EFQ8 J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/((+,&k] I<GL9C@:8 ;<C <:L8;FI ALQ>8;F J<>LE;F ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C :`kXj\ Zfe \c j`^l`\ek\ \okiXZkf [\ cX [\dXe[X [\ [`mfiZ`f X1 CL@J 8C9<IKF LE8G8EK8 :lpf k\efi \j \c j`^l`\ek\1 8:KFI1 C8LI8 D8I@8 =CFI<J KF8G8EK8 ;<D8E;8;F1 CL@J 8C9<IKF LE8G8EK8 :C8J< ;< AL@:@F1 ;@MFI:@F Ef% '0,)$ )'((%=M KI8D@K<1 M<I98C JLD8I@F :L8EK@81 @E;<K<ID@E8;8 F9A<KF ;< C8 ;<D8E;81 ;@JFCM<I

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

EXTRACTO CONSTITUCIĂ&#x201C;N DE LA COMPAĂ&#x2018;Ă?A LATIN DESTINATION OPERADORA DE TURISMO S.A.. La compaùía LATIN DESTINATION OPERADORA DE TURISMO S.A. se constituyĂł por escritura pĂşblica otorgada ante el Notario TrigĂŠsimo SĂŠptimo del Distrito Metropolitano de Quito, el 26 de Julio de 2011, fue aprobada por la Superintendencia de Compaùías, mediante ResoluciĂłn SC.IJ.DJC.Q.11.003453 de 04 de Agosto de 2011. 1.- DOMICILIO: Distrito Metropolitano de Quito, provincia de PICHINCHA. 2.- CAPITAL: Suscrito US$ 800,00 NĂşmero de Acciones 800 Valor US$ 1,00; Capital Autorizado: US$ 1.600,00 3.- OBJETO: El objeto de la compaùía es: EL DESARROLLO Y MANEJO DE LA ACTIVIDAD TURISTICA EN GENERAL, INCLUYENDO LAS ACTIVIDADES PROPIAS DE UNA AGENCIA INTERNACIONAL Y OPERADORA DE TURISMO... Quito, 04 de Agosto de 2011. Dr. Oswaldo Noboa LeĂłn DIRECTOR JURĂ?DICO DE COMPAĂ&#x2018;Ă?AS AR/84020/jq


<C M@E:LCF D8KI@DFE@8C ALQ>8;F J<>LE;F ;< CF :@M@C ;< G@:?@E:?8 HL@KF# ') [\ X^fj$ kf [\c )'((# X cXj (,?)(%$ M@JKFJ1 8mfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e ZXc`[X[ [\ Al\q \eZXi^X[f [\c Alq^X[f J\^le[f [\ cf :`m`c [\ G`Z_`eZ_X \e m`ikl[ [\c f]`Z`f Ef% (*'/$;G$;GG# [\ ]\Z_X . [\ Alc`f [\c )'('%$ CX [\dXe[X [\ [`mfiZ`f gi\$ j\ekX[X gfi C8LI8 D8I@8 =CFI<J KF8G8EK8 \e ZfekiX [\ CL@J 8C9<IKF LE8G8EK8# \j ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj i\hl`j`kfj c\^Xc\j \e Zfej\Zl\eZ`X j\ cX XZ\gkX X kiX$ d`k\ Zfii\jgfe[`\ek\ X cX mÂ&#x2C6;X M\iYXc JldXi`X gi\m`jkX \e cX j\ZZ`Â?e )*% 8ik%/)/ p j`^l`\ek\j [\c :Â?[`^f ;\ GifZ\[`d`\ekf :`m`c% 8k\ekX cX Xj\$ m\iXZ`Â?e aliXd\ekX[X [\ cX XZZ`f$ eXek\ i\jg\Zkf [\ cX `dgfj`Y`c`[X[ [\ [\k\id`eXi cX `e[`m`[lXc`[X[ f i\j`[\eZ`X [\c [\dXe[X[f# :Â&#x2C6;k\j\ Xc [\dXe[f# Zfe le \okiXZkf [\ cX [\dXe[X p \jkX gifm`[\eZ`X gfi cX gi\ejX \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e hl\ j\ \[`kXe \e \jkX Z`l[X[ [\ Hl`kf% 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cX [fZld\ekXZ`Â?e gi\$ j\ekX[X% KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if j\Â&#x152;XcX[f p cX Xlkfi`qXZ`Â?e fkfi^X[X X jl 8Yf^X[f gXkifZ`eX$ [fi#$EFK@=@HL<J<%$%$;I% =89I@:@F J<>F>@8 9<K8E:FLIK < Cf hl\ Zfdle`Zf p c\ Z`kf X ljk\[ gXiX cfj ]`e\j c\^Xc\j Zfej`^l`\ek\j# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi [fd`Z`c`f al[`Z`Xc gXiX gfjk\i`fi\j efk`]`ZXZ`fe\j \e \jkX al[`ZXkliX% $ :<IK@=@:F ;I% AL8E >8CC8I;F H% J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/((++&k] ALQ>8;F :L8IKF ;< CF :@M@C

;< G@:?@E:?8 :@K8:@äE AL;@:@8C1 8 D8I@8 >L8;8CLG< J8C8J :?@Q8 :FE C8 J@>L@<EK< ;<D8E;8 ;< ;@MFI:@F# 8C K<EFI J@>L@<EK<1 <okiXZkf 1 8:KFI1 AfjÂ&#x2026; <[^Xi :Xii\iX I`fj ;<D8E;8;F1 DXi`X >lX[Xclg\ JXcXj :_`qX F9A<KF% 8dgXiX[f \e cX ZXljXc [Â&#x201E;Z`dX gi`d\iX [\c 8ik% ((' [\c :Â?[`^f :`m`c# [\dXe[X \c [`mfiZ`f X ]`e [\ hl\ \e j\ek\eZ`X j\ [\ZcXi\ [`jl\ckf \c mÂ&#x2C6;eZlcf dXki`dfe`Xc hl\ le\ X cfj ZÂ?epl^\j% KI8D@K<% M\iYXc JldXi`f% :L8EKĂ 8% @e[\k\id`eX[X% =<:?8 ;< @E@:@8:@äE ;<C AL@:@F1 (/ [\ ]\Yi\if [\c )'((% ELD<IF ;< :8LJ81 )).$)'(($ 99 ;FD@:@C@F C<>8C%$ :Xj`ccX Al[`Z`Xc E%$,,0( ;i%McX[`d`i M`Z\eZ`f Gifm`[\eZ`X % ALQ>8;F :L8IKF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# dXik\j () [\ alc`f [\c )'((# cXj ('_)'%$ M@JKFJ%$ CX Zfdg\k\eZ`X [\ \jkX ZXljX j\ _X iX[`ZX[f \e \jkX al[`ZXkliX \e m`ikl[ [\c jfik\f i\Xc`qX[f# gfi cf kXekf XmfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX# \e d` ZXc`[X[ [\ Al\q <eZXi^X[f [\ \jkX Al[`ZXkliX# d\[`Xek\ 8ZZ`Â?e [\ G\ijfeXc Ef% (*')$;G$;GG [\ (- [\ ale`f [\c )'((% <e cf gi`eZ`gXc cX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# gfi cf hl\ j\ c\ [X \c ki}d`k\ M\iYXc JldXi`f% 8k\ekf \c aliXd\ekf i\e[`[f gfi \c XZkfi p Zfe]fid\ cf [`jgfe\ \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# ZÂ&#x2C6;k\j\ X cX [\dXe[X[X D8I@8 >L8;8CLG< J8C8J :?@Q8# gfi d\[`f [\ cX gi\ejX# \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e eXZ`f$ eXc hl\ j\ \[`kXe \e \jkX Z`l[X[ [\

Hl`kf% KÂ&#x201E;e^Xj\ \e Zl\ekX cX ZXj`ccX al[`Z`Xc j\Â&#x152;XcX[X%$ EFK@=@HL<J<% ;I% 8C=I<;F >I@A8CM8 DLzFQ AL<Q <E:8I>8;F Cf hl\ gfe^f \e jl ZfefZ`d`\ekf gXiX cfj ]`e\j [\ C\p# X[m`ik`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`ccX al[`Z`Xc [\c GXcXZ`f [\ Aljk`Z`X [\ \jkX Z`l[X[ [\ Hl`kf# gXiX i\Z`Y`i ]lkliXj efk`]`ZXZ`fe\j% ;I8% G8FC8 8ID8J J8EK8E8 J<:I<K8I@8 < ?Xp ]`idX p j\ccf 8:&/((*/&k] I [\% <% ALQ>8;F ;<:@DF GI@D<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C G8I81 AL8E :8ICFJ 9FK<IF KFIF P EFK@=@:8:@äE AL;@:@8C G8I8 1 C8 D<EFI GL9<I ;FDyE@:8 @J89<CC8 9FK<IF :<M8CCFJ% <OKI8:KF AL@:@F ;@MFI:@F Ef ,++$)'(( :%@% 8:KFI ;I% AFJy A8M@<I A8II@E# 8GF;<I8;F ;< <M8 G8KI@:@8 :<M8CCFJ >FD<Q $G@z8Et ;<D8E;8;F AL8E :8ICFJ 9FK<IF KFIF F9A<KF ;@JFCL:@FE ;<C M@E:LCF D8KI@DFE@8C ;< :FE=FID@;8; :FE CF ;@JGL<JKF <E C @E:@JF J<>LE;F ;< C8 :8LJ8C ((f ;<C :F;@>F :@M@C KI8D@K< M<I98C JLD8I@F :L8EKĂ 8 @E;<K<ID@E8;8 :8J@CC<IF AL;@:@8C Ef (,'' [\c ;I%DJ:%AFJ< A8M@<I A8II@E 9% GIFM@;<E:@8 ALQ>8;F ;<:@DF GI@D<IF ;< CF :@M@C ;< G@:?@E:?8%$ HL@KF# dXik\j () [\ alc`f [\c )'((# cXj (._,'%$ M@JKFJ%$ CX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX#gi\Z`jX p i\Â&#x2019;e\

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

EXTRACTO DE LA ESCRITURA PUBLICA DE CAMBIO DE DOMICILIO DEL DISTRITO METROPOLITANO DE QUITO A LA CIUDAD DE LASSO; Y, REFORMA DE ESTATUTOS DE SIERRAFLOR CIA. LTDA.

1. ANTECEDENTES.- La compaùía SIERRAFLOR CIA. LTDA., se constituyó mediante escritura pública otorgada ante el Notario DÊcimo Primero del Distrito Metropolitano de Quito, el 27 de septiembre de 1994, e inscrita en el Registro Mercantil del Distrito Metropolitano de Quito el 18 de noviembre de 1994. 2. CELEBRACION Y APROBACION.- La escritura pública de cambio de domicilio de SIERRAFLOR CIA. LTDA., del Distrito Metrpolitano de Quito a la ciudad de Lasso; y, reforma de estatutos, fue otorgada el 19 de julio de 2011, ante el Notario VigÊsimo Quinto del Distrito Metropolitano de Quito. Actos societarios aprobados por la Superintendencia de Compaùías, mediante Resolución No. SC.IJ.DJCPTE.Q.11.003357 de 29 de julio de 2011. 3.- OTORGANTE.- Comparece al otorgamiento de la escritura pública antes mencionada, la seùora Sandra Tatiana Trepp de Castellanos en su calidad de GERENTE GENERAL. 4. CAMBIO DE DOMICILIO Y, REFORMA DE ESTATUTOS, PUBLICACION.La Superintendencia de Compaùías mediante Resolución No. SC.IJ.DJCPTE. Q.11.003357 de 29 de julio de 2011, aprobó el cambio de domicilio del Distrito Metropolitano de Quito a la ciudad de Lasso SIERRAFLOR CIA. LTDA.; y la reforma de estatutos y ordenó la publicación del extracto de las referida escritura pública, por tres días consecutivos, para efectos de oposición de terceros respecto del cambio de nombre referido, seùalada en el Art. 33 de la Ley de Compaùías y Reglamento de Oposición, como acto previo a su inscripción. 5. AVISO PARA OPOSICION.- Se pone en conocimiento del público el cambio de domicilio de SIERRAFLOR CIA. LTDA. del Distrito Metropolitano de Quito a la ciudad de Lasso, cantón Latacunga, a fin de que quienes se creyeren con derecho a oponerse a su inscripción puedan presentar su petición ante uno de los Jueces de lo Civil del domicilio principal de la compaùía, dentro de los seis días contados desde la fecha de la última publicación de este extracto y ademås, pongan el particular en conocimiento de la Superintendencia de Compaùías. El Juez que reciba la oposición o el accionante, notificarå o comunicarå según el caso, a esta Superintendencia, dentro del tÊrmino de dos días siguientes a partir de dicha recepción juntamente con el escrito de oposición y providencia recaída sobre ella. Si no hubiere oposición o no fuere notificada esta Institución con la forma antes indicada, se procederå a la inscripción de la referida escritura pública de la mencionada compaùía y al cumplimiento de los demås requisitos legales.

J[c[ Wb ^ecXh[ gk[ iÂ&#x152;be YedeY[ kd b_Xhe$ I7DJE JECĂ&#x203A;I :; 7GK?DE

cfj i\hl`j`kfj [\ C\p# gfi cf hl\ [\ZcXi}e[fj\cX gifZ\[\ek\ j\ cX XZ\gkX X ki}d`k\ M\iYXc JldXi`f%$ <e dÂ&#x201E;i`kf [\c aliXd\ekf i\e[`[f gfi \c ;i%AfjÂ&#x201E; AXm`\i AXiiÂ&#x2C6;e 9XiiX^}e \e ZXc`[X[ [\ 8gf[\iX[f [\ cX j\Â&#x152;fiX <mX GXki`Z`X :\mXccfj G`Â&#x152;Xe jfYi\ cX `dgfj`Y`c`[X[ [\ [Xi Zfe \c [fd`Z`c`f f gXiX[\if [\c j\Â&#x152;fi AL8E :8ICFJ 9FK<IF KFIF#ZÂ&#x2C6;k\j\cf gfi cX gi\ejX \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e [\ Â&#x201E;jkX Z`l[X[ [\ Hl`kf%$:fe cX `ej`elXZ`Â?e hl\ j\ _XZ\ gX\iX \c ZXi^f [\ :liX[fi 8[$C`k\d \e cX g\ijfeX [\ \c ;i% 8e[iÂ&#x201E;j J\YXjk`}e 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f# X ]`e [\ hl\ i\gi\j\ek\ \e cX ZXljX X cX d\efi gÂ&#x2019;Y\i ;fdÂ&#x201E;e`ZX @jXY\ccX 9fk\if :\mXccfj#Â?`^Xj\ X lef [\ cfj j\Â&#x152;fi\j =`jZXc\j [\ G`Z_`eZ_X# X^iÂ&#x201E;$ ^l\ej\ X cfj Xlkfj cfj [fZld\ekfj X[alekfj%$ KÂ?d\j\ \e Zl\ekX cX ZlXekÂ&#x2C6;X p ZXj`cc\if al[l`Z`Xc j\Â&#x152;X$ cX[f gfi \c ZfdgXi\Z`\ek\ gXiX jlj ]lkliXj efk`]`ZXZ`fe\j%$ :Ă K<J< P EFK@=@HL<J<%%$ ] ;I% I<PE8C;F =CFI 8CM8I8;F% AL<Q 8DGC@8:@äE ALQ>8;F ;<:@DF GI@D<IF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# d`Â&#x201E;iZfc\j )' [\ alc`f [\c )'((# cXj ((._')%$@emfclekXi`Xd\ek\ \e gifm`$ [\eZ`X Xek\i`fi# \c Alq^X[f ef _XZ\ ZfejkXi i\jg\Zkf X cX efk`]`ZXZ`Â?e X cX d\efi gÂ&#x2019;Y\i ;fdÂ&#x201E;e`ZX @jXY\ccX 9fk\if# gfi cf hl\ [\ f]`Z`f# j\ [`jgf$ e\ Efk`]`ZXicf gfi cX gi\ejX X ]`e [\ hl\ dXe`]`\jk\ jl Zfe]fid`[X[ f ef i\jg\Zkf X cX g\ijfeX `ej`elX[X gXiX \c ZXi^f [\ :liX[fi 8[%$C`k\d# ZXjf ZfekiXi`f `ej`elÂ&#x201E; gfi jl Zl\ekX# \e cf [\d}j kf[f mX `^lXc cX gifm`[\eZ`X Xcl[`[X%$ :Ă K<J< P EFK@=@HL<J<%$ = ;i% I\peXc[f =cfi 8cmXiX[f% Al\q J`^l\ cX efk`]`ZXZ`Â?e Cf hl\ cc\mf X jl ZfefZ`d`\ekf gXiX cfj ]`e\j [\ C\p% Gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi [fd`Z`c`f al[`Z`Xc gXiX jlj efk`]`ZX$ Z`fe\j% :<IK@=@:F% JI8% AL8E8 :<M8CCFJ >% J<:I<K8I@8 ?Xp ]`idX p j\ccf 8:&/((*'&k]

D<EFI<J <OKI8:KF :@K8:@äE AL;@:@8C :8LJ8 ;< 8C@D<EKFJ ?@A8 Ef )''0$'(/' 8:KFI81 J@CM@8 G8KI@:@8 D8EK@CC8 G8II8 I<:C8D8;F1 N@CJFE =I<;;P ELz<Q DFEK<J;<F:8 ?@A81 <M<CPE G8KI@:@8 ELz<Q D8EK@CC8 ALQ>8;F GI@D<IF ;< C8 E@z<Q P 8;FC<J:<E:@8 ;< :FKFG8O@% CXkXZle^X# cle\j '( [\ 8^fjkf [\c )'((# cXj ('_,/% M@JKFJ1 CX i\ZcX$ dXZ`Â?e hl\ Xek\Z\[\ gi\j\ekX[X gfi J@CM@8 G8KI@:@8 D8EK@CC8 G8II8 \e ZfekiX [\ N@CJFE =I<;;P ELz<Q DFEK<J;<F:8 \j ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj i\hl`$ j`kfj \jkXYc\Z`[fj \e \c XikÂ&#x2C6;Zlcf -. [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c :f[`]`ZX[f2 gfi cf hl\ j\ c\ XZ\g$ kX Xc ki}d`k\ [\k\id`eX[f \e cfj XikÂ&#x2C6;Zlcfj (+.%(* p (+.%(, [\c :Â?[`^f [\ cX E`Â&#x152;\q p 8[fc\jZ\eZ`X %$ Gfi ZlXekf cX XZkfiX J@CM@8 G8KI@:@8 D8EK@CC8 G8II8 YXaf aliXd\ekf [`Z\ hl\ \j `dgfj`Yc\ [\k\id`eXi cX `e[`m`[lXc`[X[ f i\j`[\eZ`X [\c [\dXe[X[f j\Â&#x152;fi N@CJFE =I<;;P ELz<Q DFEK<J;<F:8 j\ [`jgfe\ hl\ j\ cX Z`k\ gfi cX gi\ejX d\[`Xek\ ki\j glYc`ZXZ`fe\j# \e lef [\ cfj g\i`Â?[`Zfj hl\ Z`iZlcXe \e \jkX Z`l$ [X[ [\ CXkXZle^X# d\[`Xe[f fZ_f [Â&#x2C6;Xj \eki\ leX p fkiX%$ ;\ Zfe]fid`$ [X[ X cf hl\ [`jgfe\e cfj XikÂ&#x2C6;Zlcfj (*+ p (+( [\c :Â?[`^f [\ cX E`Â&#x152;\q p 8[fc\jZ\eZ`X# j\ ]`aX Zfdf Xld\e$ kf g\ej`Â?e Xc`d\ek`Z`X gifm`j`feXc cX ZXek`[X[ [\ :L8KIF:@<EKFJ KI<@EK8 P F:?F ;FC8I<J Zfe m\`ek\ Z\ekXmfj +*/#)' d}j cfj jlYj`[`fj p fkifj Y\e\]`Z`fj c\^Xc\j hl\ [\Y\ jld`e`jkiXi \c [\dXe[X$ [f j\Â&#x152;fi N@CJFE =I<;;P ELz<Q DFEK<J;<F:8# X ]Xmfi [\ jl _`aX <M<CPE G8KI@:@8 ELz<Q D8EK@CC8 gfi d\ejlXc`[X[\j Xek`Z`gX[Xj# [\ekif [\ cfj Z`eZf gi`d\ifj [Â&#x2C6;Xj [\ ZX[X d\j# X gXik`i [\c m\`ek\ p [fj [\ alc`f \c )'(( ]\Z_X [\ cX gi\j\ekXZ`Â?e [\c `eZ`[\ek\ [\ Xld\ekf [\ g\ej`Â?e

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

EXTRACTO DE LA ESCRITURA PĂ&#x161;BLICA DE PRĂ&#x201C;RROGA DE PLAZO DE DURACIĂ&#x201C;N Y REFORMA DE ESTATUTOS DE COMERCIAL INMOBILIARIA DASSUM S.A. CIDSA

Se comunica al público que COMERCIAL INMOBILIARIA DASSUM S.A. CIDSA, con domicilio principal en la ciudad de Quito, prorrogó su plazo de duración y reformó sus estatutos por escritura pública otorgada ante el Notario VigÊsimo Quinto del Distrito Metropolitano de Quito el 14 de junio de 2011. Acto societario aprobado por la Superintendencia de Compaùías, mediante Resolución No SC.IJ.DJCPTE.Q.11.003370 de 1 de agosto de 2011.

Xc`d\ek`Z`X# g\ej`Â?e hl\ [\Y\i} j\i ZXeZ\cX[X gfi \c ;\dXe[X[f \e cX Zl\ekX [\ X_fiifj [\c 9XeZf [\ G`Z_`eZ_X Ef *.,0'/(.''%$ <c ;\dXe[X[f XeleZ`Xi} jl gil\YX _XjkX +/ _fiXj Xek\j [\ cX ]\Z_X [\ cX i\Xc`qXZ`Â?e [\ cX Xl[`\eZ`X Â&#x2019;e`ZX%$ F]Â&#x2C6;Z`\j\ Zfe]fid\ jfc`Z`kX cX XZkfiX \e jl XeleZ`f [\ gil\YX%$ <c i\ZcXdX[f j\Â&#x152;fi N@CJFE =I<;;P ELz<Q DFEK<J;<F:8# i\e[`i} :fe]\j`Â?e Al[`Z`Xc Zfe aliXd\ekf p [\d}j ]fidXc`[X[\j [\ C\p# \c [Â&#x2C6;X p _fiX j\Â&#x152;XcX[fj gXiX cX 8l[`\eZ`X èe`ZX%$ KÂ?d\j\ \e Zl\ekX \c ZXj`cc\$ if Al[`Z`Xc Ef% )(. j\Â&#x152;XcX[f gfi cX 8ZkfiX XjÂ&#x2C6; Zfdf cX Xlkfi`qXZ`Â?e Zfe$ Z\[`[X Xc j\Â&#x152;fi ;i% DXiZf KiXm\q%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf \c \jZi`kf gi\j\ekX[f gfi \c j\Â&#x152;fi 8Y^% Cl`j M`qZXÂ&#x2C6;ef%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cX [fZld\ekXZ`Â?e hl\ j\ XZfdgXÂ&#x152;X%$ Efk`]Â&#x2C6;hl\j\% :Â&#x2019;dgcXj\%$ = ;i% AX`d\ 8cY\ikf M\i[\jfkf :XdgXÂ&#x152;X# Al\q K\dgfiXc% Cf hl\ Zfdle`Zf gXiX cfj ]`e\j [\ C\p CXkXZle^X# '* [\ 8^fjkf [\c )'(( :<IK@=@:F ;i% >Xcf 8ekfe`f JXc^l\if 9XiYX J<:I<K8I@F =`idX `c\^`Yc\ ?Xp le j\ccf ]&)*,-)!)'/, ALQ>8;F GI@D<IF ;< C8 E@z<Q P 8;FC<J:<E:@8 ;<C :8EKFE HL@KF <OKI8:KF AL;@:@8C :`kXZ`Â?e Al[`Z`Xc Xc j\Â&#x152;fi I@:?8I; <EI@HL< ;LI8E :8A8J [\ekif [\c al`Z`f [\ Jljg\ej`Â?e [\ cX GXki`X Gfk\jkX[ Zfe \c \okiXZkf [\ cX [\dXe[X p gifm`[\eZ`X Zlpf k\efi \j \c j`^l`\ek\1 8:KFI1 J@CM@8 A<8EE<K? DFEK<J;<F:8 :8C@JG8 ;<D8E;8;F1 I@:?8I; <EI@HL< ;LI8E :8A8J AL@:@F1 JLJG<EJ@FE ;< G8KI@8 GFK<JK8; KI8D@K<1 <JG<:@8C :L8EK@81 @E;<K<ID@E8;8 Gifm`[\eZ`X1 ALQ>8;F GI@D<IF ;< C8 E@z<Q P 8;FC<J:<E:@8 ;<C :+EKFE HL@KF%$ Hl`kf# )( [\ Alc`f [\c XÂ&#x152;f )'((% CXj 0_,' $ M@JKFJ 8mfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e iXqÂ?e [\c jfik\f i\Xc`qX[f X Â&#x201E;jk\ Alq^X[f# cX [\dXe[X gi\j\ekX[X \j ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ c\p# gfi cf hl\ j\ c\ XZ\gkX X ki}d`k\ i\jg\Zk`mf# Zfej`^l`\ek\$ d\ek\# :Â&#x2C6;k\j\ Zfe cX [\dXe[X p \jk\ ;\Zi\kf Xc j\Â&#x152;fi I@:?8I; <EI@HL< ;LI8E :8A8J gi\m`e`Â&#x201E;e$ [fc\ Xc [\dXe[X[f [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`$ Z`Xc gXiX hl\ i\Z`YX jlj efk`]`ZX$ Z`fe\j p \e ZXjf [\ ef _XZ\icf j\ jljkXeZ`Xi} cX ZXljX \e i\Y\c[Â&#x2C6;X [\ Zfe]fid`[X[ Zfe \c [`jgl\jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c p AliXd\ekf i\e[`[f gfi \c XZkfi i\jg\Zkf [\ cX `dgfj`Y`c`[X[ [\ [Xi Zfe \c [fd`Z`c`f [\ cX [\dXe$ [X[X% :Â&#x2C6;k\j\ Xc j\Â&#x152;fi I@:?8I; <EI@HL< ;LI8E :8A8J d\[`Xek\ ki\j glYc`ZXZ`fe\j gfi cX gi\ejX \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e hl\ j\ \[`kXe \e \jkX Z`l[X[% KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`$ cc\if al[`Z`Xc [\ cX XZkfiX% :@K<J< P

Ĺ? Ä&#x160;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä

Ĺ? +. Ĺ? Ä&#x152;Ĺ? EFK@=@HL<J<%$ Efk`]Â&#x2C6;hl\j\% ] ;I8% B8K?P8 9LI98EF @z@>8 AL<Q8 8;ALEK8 Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`$ ^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX ]lkliXj efk`]`ZXZ`fe\j [\ Zfe]fid`[X[ Zfe cX C\p% 89% >L@CC<IDF GFE:< =@<IIF J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/(()/&k] I% ;<C <% ALQ>8;F ;<:@DF ;< C8 E@z<Q P 8;FC<J:<E:@8 ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 8C J<zFI =I8EBC@E ><FM8EEP >L8K<D8C :8;<E8 <OKI8:KF : 8L J8 1 8 C @ D < E KF J P ;<:C8I8KFI@8 ;< G8K<IE@;8; AL@:@F Ef% )'('$(+,$DQ 8:KFI1 D8I@8E8 ;< A<JLJ IF;I@>L<Q :<CFI@F ; < D 8 E ;8 ; F 1 = I 8 E B C @ E ><FM8EEP >L8K<D8C :8;<E8 :L8EK@81 @E;<K<ID@E8;8 AL<Q1 ;I% ><ID8E >I8E;<J 8E8CL@J8 ALQ>8;F ;<:@DF ;< C8 E@z<Q P 8;FC<J:<E:@8 ;<C :8EKFE HL@KF% Hl`kf# (* [\ Ale`f [\ )'((# cXj ((_)0%$ LeX m\q hl\ cX XZkfiX X i\e[`[f aliXd\ek\ Zfe]fid\ X cf fi[\eX[f \e ;\Zi\kf [\ *( [\ dXpf [\c )'(( p \e iXqÂ?e [\c \jkX[f [\ cX ZXljX [`jgfe^f1 ( :Â&#x2C6;k\j\ \e c\^Xc p [\Y`[X ]fidX Zfe \c Zfek\e`[f [\ cX [\dXe[X p Xlkf i\ZXÂ&#x2C6;[f Xc j\Â&#x152;fi =I8EBC@E ><FM8EEP >L8K<D8C :8;<E8# [\ Zfe]fid`[X[ Zfe \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c m`^\ek\ j\ [`jgfe\ Z`kXi gfi cX gi\e$ jX# d\[`Xek\ ki\j glYc`ZXZ`fe\j hl\ j\ _Xi}e \e ]\Z_Xj [`jk`ekXj \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[ [\ Hl`kf pX hl\ Zfe aliXd\ekf [\ZcXiX cX XZkfiX hl\ c\ \j `dgfj`Yc\ [\k\id`eXi cX i\j`[\eZ`X XZklXc [\c gX[i\ [\ cX d\efi% ) J\ c\ gi\m`\e\ X cX [\dXe[X[f [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ ZfdgXi\Z\i X al`Z`f p j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX ]lkliXj efk`]`ZXZ`fe\j# YXaf gi\m\eZ`fe\j [\ Zfek`elXi cX ZXljX \e i\Y\c[Â&#x2C6;X [\ Zfe]fid`[X[ Zfe cX efidX c\^Xc [\c 8ik% (') [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c m`^\ek\%$ * CX gXik\ `ek\i\jX[X [\Y\i} gi\j$ kXi cXj ]XZ`c`[X[\j e\Z\jXi`Xj gXiX Z`kXi Xc [\dXe[X[f gfi cX gi\ejX%$ EFK@=@HL<J< P :LDGC8J<%$ ] ;I% ><ID8E >I8E;<J 8E8CL@J8# AL<Q 8;ALEKF%$EFK@=Ă HL<J<%$ Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ C\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi [fd`Z`c`f al[`Z`Xc gXiX jlj ]lkliXj efk`]`ZXZ`fe\j [\c al`Z`f%

CONVOCATORIA Quito, a 08 de agosto del 2011. Conforme establece el Art., 7 lit. â&#x20AC;&#x153;Câ&#x20AC;? del Estatuto convocase a Asamblea General Extraordinaria de Miembros de la FundaciĂłn EcolĂłgica para el Subtropico â&#x20AC;&#x153;CIELO VERDEâ&#x20AC;?, a realizarse el dĂ­a viernes 12 de agosto del 2011 a las 10H00, en la cede de la FundaciĂłn ubicado en la calle Clemente Ponce N 15-117 y 6 de diciembre, Edif. Acuarius ofic. 43 para tratar el siguiente orden del dĂ­a. 1.- ConstataciĂłn del quĂłrum. 2.- ElecciĂłn del nuevo Directorio

En virtud de la escritura pública mencionada, la compaùía reforma el artículo Cuarto del Estatuto Social, referente al plazo de duración, de la siguiente manera:

3. AnĂĄlisis y resoluciĂłn sobre la situaciĂłn actual de la FundaciĂłn.

Nota: conforme establece el Art. 23 del Estatuto de no existir el quĂłrum reglamentario se iniciarĂĄ una hora despuĂŠs con los miembros presentes.

â&#x20AC;&#x153;ARTICULO PRIMERO.- SIERRAFLOR COMPAĂ&#x2018;IA LIMITADA. Se constituye con domicilio principal en la ciudad de Lasso, provincia de Cotopaxi...â&#x20AC;?

ARTĂ?CULO CUARTO.- El plazo de duraciĂłn de la Compaùía COMERCIAL INMOBILIARIA DASSUM S.A. CIDSA, serĂĄ de CINCUENTA AĂ&#x2018;OS, a contarse desde su Ăşltimo vencimiento, esto es hasta el diecinueve de junio del dos mil sesenta y uno,....

Distrito Metropolitano de Quito,

Distrito Metropolitano de Quito,

En virtud de la escritura pública mencionada, la compaùía reforma el artículo Primero del Estatuto Social, referente al domicilio, de la siguiente manera:

4. AnĂĄlisis y ResoluciĂłn sobre el inmueble transferido a favor de la fundaciĂłn mediante escritura celebrado el 10 de julio del 2007.

Atentamente, Segundo JesĂşs Moreno Rivera

Dr. Camilo Valdivieso Cueva INTENDENTE DE COMPAĂ&#x2018;IAS DE QUITO AC/81081/tf

Dr. Camilo Valdivieso Cueva INTENDENTE DE COMPAĂ&#x2018;Ă?AS DE QUITO AC/81134/tf

Sergio Aurelio Moreno Rivera Teresa Angela Moreno Rivera Pablo BernabĂŠ Rivera Moreno AC/81154/tf

Ä&#x192;

;I8% D@I@8E IF;I@>L<Q EF>8C<J J<:I<K8I@8 8;ALEK8 ?Xp ]`idX p j\ccf 8:&/((),&k]

FI;@E8I@FJ I<GL9C@:8 ;<C <:L8;FI ALQ>8;F EFM<EF ;< CF :@M@C ;< G@:?@E:?8 HL@KF Ă&#x2020; <:L8;FI :@K8:@äE AL;@:@8C 8 C8 J<zFI8 D8I@8 AFJ< ;@ D8KK@8 ELz<Q AL@:@F Ef% -.+$)'(( AG KI8D@K<1 FI;@E8I@F ELC@;8; ;< :FEKI8KF :L8EK@81 @E;<K<ID@E8;8 8:KFI1 >LJK8MF <;L8I;F 8I@8J :8@Q8 ;<D8E;8;F1 D8I@8 AFJ< ;@ D8KK@8 ELz<Q ALQ>8;F EFM<EF ;< CF :@M@C ;< G@:?@E:?8%$ HL@KF# cle\j (/ [\ alc`f [\c )'((# cXj ('_)(%$ M@JKFJ%$ <e m`ikl[ [\c jfik\f hl\ Xek\Z\[\ XmfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX%$ <e cf gi`eZ`gXc cX [\dXe[X \j ZcXiX p gi\Z`jX p gfi cf hl\ j\ cX XZ\gkX X ki}d`k\ fi[`eXi`f%$ <e Zfej\Zl\eZ`X# ZÂ?iiXj\ kiXjcX[f Zfe \c \jZi`kf [\ [\dXe[X p \jkX gifm`$ [\eZ`X X cX D8I@8 AFJ< ;@ D8KK@8 ELz<Q# gXiX hl\ \e \c kÂ&#x201E;id`ef [\ hl`eZ\ [Â&#x2C6;Xj Zfek\jk\ cX [\dXe[X p gifgfe^X kf[Xj cXj \oZ\gZ`fe\j [\ hl\ j\ Zi\p\i\ Xj`jk`[X# YXaf Xg\iZ`Y`d`\ekf \e i\Y\c[Â&#x2C6;X%$ :Â&#x2C6;k\j\ X cX [\dXe[X[X gfi d\[`f [\ glYc`$ ZXZ`fe\j \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e p hl\ j\ \[`kXe \e \jkX Z`l[X[ [\ Hl`kf%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c [fd`Z`c`f p ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX[fj gfi cfj XZkf$ i\j%$ 8^iÂ&#x201E;^l\j\ cX [fZld\ekXZ`Â?e gi\j\ekX[X%$ Efk`]Â&#x2C6;hl\j\%$ ;I% N8>E<I A8K@M8 HL@IFQ% AL<Q CF HL< :FDLE@:F 8 LJK<; G8I8 CFJ =@E<J ;< C<P% ;i% Alc`f :Â&#x201E;jXi DlÂ&#x152;fq J<:I<K8I@F ALQ>8;F EFM<EF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/((**&k] <OKI8:KF ALQ>8;F M@><J@DF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 8C J<zFI P<@J<C JFKFCFE>F >FEQ8C<Q AL@:@F1 FI;@E8I@F E% ,,0$(($<%8% 8:KFI1 B<ICP E8E<JJ8 KFE8KF D8J8G8EK8 ;<D8E;8;F1 P<@J<C JFKFCFE>F >FEQ8C<Q ;FD@:@C@F ;I% 8ID8E;F A<I<Q A% KI8D@K<1 FI;@E8I@F :L8EK@81 @E;<K<ID@E8;8 :8J@CC<IF1 //0 ALQ>8;F M@><J@DF ;< CF :@M@C ;< G@:?@E:?8#$ Hl`kf# d`Â&#x201E;iZfc\j - [\ alc`f [\c )'((# cXj (-_*/%$ M@JKFJ%$ <e m`ikl[ [\c jfik\f i\X$ c`qX[f XmfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e ZXc`[X[ [\ Al\q K`klcXi c\^Xcd\ek\ gfj\j`feX[f%$ <e cf gi`eZ`gXc# cX [\dXe[X hl\ Xek\Z\$ [\ \j ZcXiX p gi\Z`jX gfi cf hl\ j\ cX XZ\gkX X ki}d`k\ FI;@E8I@F%$ <e Zfej\Zl\eZ`X# j\ Zfii\ kiXjcX[f gfi \c kÂ&#x201E;id`ef c\^Xc [\ hl`eZ\ [Â&#x2C6;Xj# hl\ Zfd\eqXi} X [\Zlii`i X gXik`i [\ cX ]\Z_X [\ Z`kXZ`Â?e# Zfe \c \jZi`kf [\ [\dXe[X p \jkX gifm`[\eZ`X Xc [\dXe[X[f P<@J<C JFKFCFE>F >FEQ8C<Q# Xc d`jdf hl\ Xk\ekf \c aliXd\ekf [\ cX XZkfiX i\jg\Zkf [\ cX `dgfj`Y`c`[X[ [\ [\k\id`eXi cX `e[`$ m`[lXc`[X[ p &f i\j`[\eZ`X _XY`klXc [\ Â&#x201E;jk\# j\ cf Z`kXi} gfi cX gi\ejX# \jkf \j \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[ [\ Hl`kf# [\ XZl\i[f X cf gi\m`jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c%$ KÂ&#x201E;e^Xj\ gi\j\ek\ cX ZlXekÂ&#x2C6;X ]`aX[X2 p# \c ZXj`cc\if al[`Z`Xc j\Â&#x152;X$ cX[f gfi cX XZkfiX gXiX cXj efk`]`$ ZXZ`fe\j gfjk\i`fi\j%$ 8^iÂ&#x201E;^l\ej\ Xc gifZ\jf cfj [fZld\ekfj gi\j\e$ kX[fj%$ Efk`]Â&#x2C6;hl\j\%$ ] ;i% >\idXe >feq}c\q [\c Gfqf% AL<Q Cf hl\ Zfdle`Zf X L[%# gXiX cfj ]`e\j [\ C\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi [fd`Z`c`f p ZXj`cc\if al[`Z`Xc \e cX ]fidX p [\ekif [\c g\iÂ&#x2C6;d\kif c\^Xc% :\ik`]`Zf% ;I% >8CF 98<Q A8@D< J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/(().&k] ALQ>8;F J<OKF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C :@K8J< Zfe \c j`^l`\ek\ <OKI8:KF ;< C8 ;<D8E;8 ;< AL@:@F FI;@E8I@F GFI GI<J:I@G:@FE <OKI8FI;@E8I@8 8;HL@J@K@M8 ;< ;FD@E@F# X1 =I8E:@J:F M<@EK@D@CC8 M@CC8CM8 8:KFI1 >8I:@8 KFII<J 8C@:@8 K<I<J8 ; < D 8 E ;8 ; F 1 = I8 E : @ J:F M<@EK@D@CC8 M@CC8CM8 AL@:@F1 FI;@E8I@F Ef% )'('$(,,- $A}e\k[ KX`g\ I%

Ĺ? Ĺ?

Ĺ?


Ĺ? Ĺ?

Ĺ?

Ä&#x2026;

Ĺ? Ä&#x160;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä

Ĺ? +. Ĺ? Ä&#x152;Ĺ?

:L8EK@81 @E;<K<ID@E8;8 KI8D@K<1 FI;@E8I@F F9A<KF ;< C8 ;<D8E;81 8;HL@I@I <C ;FD@E@F ;<C @EDL<9C< GIFM@;<E:@81 ALQ>8;F J<OKF ;< CF :@M@C ;< G@:?@E:?8%$ HL@KF# al\$ m\j 0 [\ [`Z`\dYi\ [\c )'('# cXj (-_+/% M@JKFJ1 CX [\dXe$ [X [\ Gi\jZi`gZ`Â?e 8[hl`j`k`mX \okiXfi[`eXi`X [\ [fd`e`f hl\ gi\j\ekX 8C@:@8 K<I<J8 >8I:@8 KFII<J \e ZfekiX [\ =I8E:@J:F M<@EK@D@CC8 M@CC8CM8# i\Â&#x2019;e\ cfj i\hl`j`kfj c\^Xc\j2 \e Zfej\Zl\eZ`X# j\ cX XZ\gkX Xc ki}d`k\ Zfii\jgfe$ [`\ek\ gfi cX mÂ&#x2C6;X fi[`eXi`X# gi\m`jkX \e \c KÂ&#x2C6;klcf @@# J\ZZ`Â?e Gi`d\iX# GXi}^iX]f (f% 8ikj% *0, p j`^l`\ek\j [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c%$ :fe cX [\dXe[X j\ Zfii\ kiXjcX[f Xc [\dXe[X[f# YXaf Xg\iZ`Y`d`\ekf \e i\Y\c[Â&#x2C6;X%$ JfYi\ cX YXj\ [\ cX Xj\m\iXZ`Â?e aliXd\ekX[X [\ cfj [\dXe[Xek\j [\ hl\ c\j _X j`[f `dgfj`Yc\ [\k\id`eXi cX i\j`[\eZ`X [\ cXj [\dXe[X[Xj# :@K<J< Zfe le \okiXZkf [\ cX [\dXe[X p \jkX gif$ m`[\eZ`X Xc [\dXe[X[f =I8E:@J:F M<@EK@D@CC8 M@CC8CM8# Zfe le \okiXZkf [\ cX [\dXe[X# p \jkX gifm`[\eZ`X X kiXmÂ&#x201E;j [\ cX gi\ejX# \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[# gXiX hl\ \e \c kÂ&#x201E;id`ef [\ hl`eZ\ [`Xj Zfek\jk\ cX [\dXe[X p ]fidlc\ cXj \oZ\gZ`fe\j [`cXkfi`Xj p g\i\ekf$ i`Xj hl\ j\ Zi\X Xj`jk`[f%$ :lÂ&#x201E;ek\j\ \e cX jljkXeZ`XZ`Â?e [\ \jkX ZXljX Zfe cfj i\gi\j\ekXek\j c\^Xc\j [\c Dle`Z`g`f [\c ;`jki`kf D\kifgfc`kXef [\ Hl`kf# X hl`\e\j j\ c\j efk`]`ZXi} g\ijfeXcd\ek\ \e jlj [\jgXZ_fj%$ @ejZiÂ&#x2C6;YXj\ cX [\dXe[X \e \c I\^`jkif [\ cX Gifg`\[X[ [\ \jk\ ZXekÂ?e# gXiX Zlpf \]\Zkf f]Â&#x2C6;Z`\j\ Xc ]leZ`feXi`f Zfii\jgfe[`\ek\# X[alekXe[f Zfg`X Z\ik`]`ZX[X [\ cX [\dXe[X p \jk\ Xlkf 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cfj [fZl$ d\ekfj gi\j\ekX[fj%$ I\^Â&#x2C6;jki\j\ cX ZXj`ccX al[`Z`Xc Ef% *() hl\ j\Â&#x152;XcXe cX [\dXe[Xek\ gXiX i\Z`Y`i jlj efk`$ ]`ZXZ`fe\j%$ EFK@=@HL<J<%$ ] ;I% D8I@F FIK@Q <JKI<CC8%$ AL<Q Cf hl\ Zfdle`Zf p c\ Z`kf X ljk\[ gXiX cfj ]`e\j c\^Xc\j Zfej`^l`\e$ k\j%$ GXiX i\Z`Y`i jlj gfjk\i`fi\j efk`]`ZXZ`fe\j# jÂ&#x2C6;imXj\ j\Â&#x152;XcXi cX ZXj`ccX al[`Z`Xc [\ le 8Yf^X[f Zfdf [`jgfe\ cX C\p% 8k\ekXd\ek\# ;I% <;N@E :<M8CCFJ 8DGL;@8 J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/((*.&k] I<Gè9C@:8 ;<C <:L8;FI ALQ>8;F ;y:@DF ;< CF :@M@C ;< G@:?@E:?8 <OKI8:KF AL;@:@8C 8C Gè9C@:F <E ><E<I8C J< :FDLE@:8 CF J@>L@<EK< :@K8:@äE AL;@:@8C1 8 CFJ ?<I<;<IFJ GI<JLEKFJ P ;<J:FEF:@;FJ ;< =I8E:@J:F HL@J?G< I8DĂ I<Q 8:KFI<J1 8D@C:8I ?FD<IF DFEK<E<>IF HL@J?G< p 9C8E:8 :<:@C@8 HL@CLD98 >L8EFCL@J8 AL@:@F FI;@E8I@F ; < GI<J:I@G:@äE <OKI8FI;@E8I@8 8;HL@J@K@M8 ;< ;FD@E@F Ef% './+$)'(' <>% F9A<KF ;< C8 ;<D8E;8%$ :FE C8 J<EK<E:@8 J< ;@JGFE>8 8 =8MFI ;< CFJ 8:KFI<J <C ;FD@E@F ;<C @EDL<9C< <E ;@JGLK8# P J< FI;<E< C8 @EJ:I@G:@äE <E <C I<>@JKIF ;< C8 GIFG@<;8; ;<C :8EKäE HL@KF% 89F>8;F ;<=<EJFI1 ;I% CL@J :?@G8EK8J@ DFI8C<J :8J@CC8 AL;@:@8C Ef% (0++ ALQ>8;F ;y:@DF ;< CF :@M@C ;< G@:?@E:?8% Hl`kf# cle\j (/ [\ efm`\dYi\ [\c )'('# cXj (+_,-% M@JKFJ%$ Gi\m`f jfik\f [\ c\p Zfii\jgfe[`\ek\# p leX m\q hl\ j\ X [X[f Zldgc`d`\ekf X cf fi[\eX[f \e gifm`[\eZ`X `ed\[`XkX Xek\i`fi# XmfZf ZfefZ`d`\ekf [\ cX gi\j\e$ k\ ZXljX \e d` ZXc`[X[ [\ al\q [\ \jkX al[`ZXkliX%$ <e cf gi`eZ`gXc# cX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# gfi cf hl\ [\ZcXi}e[fj\cX gifZ\[\ek\ j\ cX XZ\gkX Xc kiXd`k\ Fi[`eXi`f%$ <e Zfej\Zl\eZ`X Zfe \c Zfek\e`[f [\ cX d`jdX p \jk\ Xlkf ZÂ?iiXj\ kiXjcX[f X cfj [\dXe[X[fj2 gfi \c kÂ&#x201E;id`ef [\ hl`eZ\ [Â&#x2C6;Xj Zfe Xg\iZ`Y`d`\ekf [\ i\Y\c[Â&#x2C6;X [\jglÂ&#x201E;j [\ c\^Xcd\ek\ Z`kX[fj%$ :Â&#x2C6;k\j\ \e c\^Xc p [\Y`[X ]fidX X cfj [\dXe[X[fj# _\i\[\$ ifj gi\jlekfj p [\jZfefZ`[fj [\ hl`\e \e m`[X ]l\ =iXeZ`jZf Hl`j_g\ IXdÂ&#x2C6;i\q2 <e d\i`kf Xc aliXd\ekf hl\ k`\e\ i\e[`[f cX XZkfiX p [\ Zfe]fi$ d`[X[ Zfe cf hl\ [`jgfe\ \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c ZÂ&#x2C6;k\j\ X cfj _\i\[\ifj gi\jlekfj p [\jZfefZ`[fj [\ hl`\e \e m`[X ]l\ =iXeZ`jZf Hl`j_g\ IXdÂ&#x2C6;i\q2 gfi d\[`f [\ cX gi\ejX \e lef [\ cfj [`X$ i`fj [\ dXpfi Z`iZlcXZ`Â?e [\ cX cfZX$ c`[X[# gXiX cf ZlXc j\ \ok\e[\i} \c Zfii\jgfe[`\ek\ \okiXZkf%$ :lÂ&#x201E;ek\j\ Zfe cfj g\ijfe\ifj [\c Dle`Z`g`f

;`jki`kf D\kifgfc`kXef [\ Hl`kf \e cXj g\ijfeXj [\c j\Â&#x152;fi 8cZXc[\ p GifZliX[fi%$ @ejZiÂ&#x2C6;YXj\ cX [\dXe$ [X \e \c I\^`jkif [\ cX Gifg`\[X[ [\c :XekÂ?e Hl`kf# gXiX \c \]\Zkf i\dÂ&#x2C6;kXj\ Xk\ekf f]`Z`f%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cfj [fZld\ekfj XZfd$ gXÂ&#x152;X[fj X cX [\dXe[X%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX[f gXiX jlj efk`]`ZXZ`fe\j XjÂ&#x2C6; Zfdf cX [\j`^eXZ`Â?e [\ jl XYf^X[f [\]\e$ jfi%$ :Â&#x2C6;k\j\ p Efk`]Â&#x2C6;hl\j\%$ ] ;I% AFJ< D8IK@E<Q E8I8EAF% AL<Q% Cf hl\ c\ Zfdle`Zf X ljk\[ p c\ Z`kf gXiX cfj ]`e\j [\ c\p g\ik`e\ek\j# gi\$ m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX jlj ]lkliXj efk`]`ZXZ`fe\j%$ :\ik`]`Zf%$ ;i% <[^Xi ?Xif MXc\eql\cX J<:I<K8I@F ;<C ALQ>8;F ;y:@DF ;< CF :@M@C ;< G@:?@E:?8 ?Xp le j\ccf 8:&/'/0*&ZZ ALQ>8;F M@>yJ@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 8 \c j\Â&#x152;fi X % 8C=FEJF 8C98E A8I8D@CCF## j\ c\ _XZ\ ZfefZ\i <C <OKI8:KF ;<C AL@:@F FI;@E8I@F# hl\ X Zfek`elXZ`Â?e j`^l\1 <OKI8:KF 8Zkfi X 1 =8EEP D8K@C;< 8IIFPF <JG@E;FC8 p D8I@8 ;FCFI<J =@>L<IF8 IIFPF%$ ;\dXe[X[f X 1 8C=FEJF 8C98E A8I8D@CCF% :lXekÂ&#x2C6;X1 J<@J D@C ;äC8I<J%$ Ki}d`k\1 FI;@E8I@F%$ =\Z_X [\ @e`Z`XZ`Â?e1 (' ;< =<9I<IF ;< )'((% :XljX Ef% )'(($(//$AF?E 8P8C8 D8IK@E<Q%$ GIFM@;<E:@81 ALQ>8;F M@>yJ@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8% HL@KF# )) ;< ALE@F ;< )'((# C8J ((?'(%$ M@JKFJ%$ 8mfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e ZXc`[X[ [\ Al\q <eZXi^X[f j\^Â&#x2019;e XZZ`Â?e [\ g\ijfeXc Ef% )-/)$;G$;GG%# [\ '. [\ [`Z`\d$ Yi\ [\ )'('%$ <e cf gi`eZ`gXc cX [\dXe[X \j ZcXiX p gi\Z`jX p gfi cf hl\ j\ cX XZ\gkX X ki}d`k\ fi[`eXi`f%$ <e Zfej\Zl\eZ`X# ZÂ?iiXj\ kiXjcX[f Zfe \c \jZi`kf [\ [\dXe[X p \jkX gifm`[\eZ`X Xc [\dXe[X[f j\Â&#x152;fi 8C=FEJF 8C98E A8I8D@CCF# gXiX hl\ \e \c kÂ&#x201E;id`ef [\ hl`eZ\ [Â&#x2C6;Xj Zfek\jk\e cX [\dXe[X p gifgfe^Xe kf[Xj cXj \oZ\gZ`fe\j [\ hl\ j\ Zi\p\i\e Xj`jk`[fj# YXaf Xg\iZ`Y`$ d`\ekf \e i\Y\c[Â&#x2C6;X%$ :Â&#x2C6;k\j\ Xc j\Â&#x152;fi 8C=FEJF 8C98E A8I8D@CCF# [\ XZl\i[f Xc aliXd\ekf i\e[`[f gfi cX gXik\ XZkfiX [\ jl [\ZcXiXZ`Â?e [\ ;<J:FEF:<I ;FD@:@C@F ;<C ;<D8E;8;F p [\ Zfe]fid`[X[ X cf [`jgl\jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c m`^\ek\# gfi cX gi\ejX \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e [\ cfj hl\ j\ \[`kXe \e \jkX Z`l[X[# d\[`Xe$ k\ ki\j glYc`ZXZ`fe\j%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c [fd`Z`c`f p ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX[f gfi \c XZkfi# XjÂ&#x2C6; Zfdf cX Xlkfi`qXZ`Â?e Zfe]\i`[X X jl XYf^X[f gXkifZ`eX[fi%$ 8^iÂ&#x201E;^l\j\ cX [fZld\ekXZ`Â?e gi\j\ekX[X%$ Efk`]Â&#x2C6;hl\j\%$ ] ;I% =\c`g\ @e]Xek\ I\p AL<Q$\$ Cf hl\ Zfdle`Zf gXiX cfj ]`e\j [\ c\p# X[m`ik`\e[f [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi [fd`Z`c`f al[`Z`Xc \e \c gXcXZ`f [\ aljk`Z`X [\ \jkX Z`l$ [X[%$ :\ik`]`Zf%$ Hl`kf# ') [\ X^fjkf [\ )'((%$ 8Y^% Afi^\ D`\i 9liYXef J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/(((/&k] <OKI8:KF AL;@:@8C ALQ>8;F JyGK@DF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 81 ?<I<;<IFJ GI<JLEKFJ P ;<J:FEF:@;FJ ;< CFJ :8LJ8EK<J G<;IF D8EL<C 9LI98EF 8C8I:äE P D8I@8 @E<J G8JKFI Q8D9I8EF 8:KFI<J1 9FC@M8I IF><C@F ?8IF <I8QF P C8JK<z8 ;8C@E;8 G<z8=@<C =CFI<J ;<D8E;8;FJ1 ?<I<;<IFJ GI<JLEKFJ P ;<J:FEF:@;FJ ;< C8 :8LJ8EK<J G<;IF D8EL<C 9LI98EF 8C8I:äE P D8I@8 @E<J G8JKFI Q8D9I8EF AL@:@F1 FI;@E8I@F Ef )/0 Ă&#x2020; )'(( Ă&#x2020; >M% KI8D@K<1 FI;@E8I@F :L8EK@81 @E;<K<ID@E8;8 GIFM@;<E:@81 ALQ>8;F JyGK@DF ;< CF :@M@C ;< G@:?@E:?8% Hl`kf# dXik\j () [\ XYi`c [\c )'((# cXj ((_*.%$ M@JKFJ%$ 8mfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX# \e d` ZXc`[X[ [\ Al\q K`klcXi [\ \jkX Al[`ZXkliX% CX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX# Zfdgc\kX p i\Â&#x2019;e\ cfj [\d}j i\hl`j`kfj [\ c\p% <j gifZ\[\ek\ \c ki}d`k\ fi[`eXi`f hl\ j\ jfc`Z`kX# \e Zfej\Zl\eZ`X# ZÂ?iiXj\ kiXjcX[f Zfe cX [\dXe[X p \jkX gifm`[\eZ`X X cfj [\dXe[X[fj _\i\[\ifj gi\jlekfj p [\jZfefZ`$ [fj [\ cfj ZXljXek\j j\Â&#x152;fi\j G\[if

Ĺ?

DXel\c 9liYXef 8cXiZÂ?e p DXiÂ&#x2C6;X @eÂ&#x201E;j GXjkfi QXdYiXef%$ ;\ Zfe]fi$ d`[X[ Zfe cf gi\m`jkf gfi \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# p cX X]`idXZ`Â?e YXaf aliXd\ekf [\ cfj XZkfi\j [\ hl\ c\j _X j`[f `dgfj`$ Yc\ [\k\id`eXi cX `e[`m`[lXc`[X[ f i\j`[\eZ`X# ZÂ&#x2C6;k\j\ X cfj _\i\[\ifj gi\jlekfj p [\jZfefZ`[fj [\ cfj ZXljXek\j j\Â&#x152;fi\j G\[if DXel\c 9liYXef 8cXiZÂ?e p DXiÂ&#x2C6;X @eÂ&#x201E;j GXjkfi QXdYiXef# gfi cX gi\ejX \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e hl\ j\ \[`kX \e \jkX Z`l[X[ [\ Hl`kf%$ :lÂ&#x201E;ek\j\ \e cX gi\j\ek\ ZXljX Zfe cfj g\ijfe\ifj [\c Dle`Z`g`f [\c ;`jki`kf D\kifgfc`kXef [\ Hl`kf%$ ;\ Zfe]fid`[X[ Zfe cf gi\m`jkf \e \c 8ik%#% (''' [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# `ejZiÂ&#x2C6;YXj\ cX gi\j\ek\ [\dXe[X \e \c I\^`jkif [\ cX Gifg`\[X[% 8^iÂ&#x201E;^l\j\ X cfj Xlkfj cX [fZld\ekXZ`Â?e XZfdgXÂ&#x152;X$ [X%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX[f gfi cfj XZkfi\j# gXiX i\Z`Y`i cXj efk`]`ZXZ`fe\j hl\ c\j Zfii\jgfe[X%$ EFK@=@HL<J<%$ = ;I% I8LC D8I@zF ?<IEĂ?E;<Q AL<Q% ALQ>8;F JyGK@DF ;< CF :@M@C ;< G@:?@E:?8% Hl`kf# al\m\j .[\ alc`f [\c )'((# cXj (-_+( Gfi le cXgjlj `emfclekXi`f \e \c Xlkf [\ ZXc`]`ZXZ`Â?e [\ cX [\dXe[X# j\ Zfii\ kiXjcX[f X cfj [\dXe[X[fj# g\if ef j\ `e[`ZX \c kÂ&#x201E;id`ef# g\j\ X hl\ [\ XZl\i[f Zfe \c 8ik% *0. [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# \c kÂ&#x201E;id`ef \j [\ hl`eZ\ [Â&#x2C6;Xj gXiX hl\ j\ gifgfe$ ^Xe \oZ\gZ`fe\j [`cXkfi`Xj f g\i\e$ kfi`Xj# \e Zfej\Zl\eZ`X# ZfemXc`[Xe$ [f [\ f]`Z`f \c d\eZ`feX[f Xlkf# Zfe]fid\ Xc eld\iXc / [\c 8ik% (*' [\c :Â?[`^f Fi^}e`Zf [\ cX =leZ`Â?e Al[`Z`Xc# gl\jkf hl\ ef j\ kiXkX [\ leX fd`j`Â?e \j\eZ`Xc hl\ ZXlj\ elc`$ [X[ f _XpX gifmfZX[f `e[\]\ej`Â?e# j\ [`jgfe\ hl\ cfj [\dXe[X[fj gi\j\ek\e cXj \oZ\gZ`fe\j g\i\e$ kfi`Xj f [`cXkfi`Xj \e \c kÂ&#x201E;id`ef [\ hl`eZ\ [Â&#x2C6;Xj YXaf Xg\iZ`Y`d`\ekf \e i\Y\c[Â&#x2C6;X% Efk`]Â&#x2C6;hl\j\%$ = ;I% I8LC D8I@zF ?<IEĂ?E;<Q AL<Q% Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`$ ^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc [\ekif [\c g\iÂ&#x2C6;d\kif p \e cX ]fidX \jkXYc\Z`[fj \e cX c\p% ;I% D8EL<C 8DFE D<;@E8 J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/('0(&k]

JF:@<;8;<J :FEPL>8C<J <OKI8:KF $ I<GL9C@:8 ;<C <:L8;FI ALQ>8;F M@><J@DF GI@D<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 8 C8 J<zFI8 :8ID<E 8D<C@8 :8I>L8 I<@EF AL@:@F1 ;@JFCL:@FE ;< C8 JF:@<;8; :FEPL>8C Ef%-0)$ )'(( I%:% 8:KFI%$ D8EL<C 8EKFE@F KF8G8EK8 KFE8KF ;<D8E;8;8%$ :8ID<E 8D<C@8 :8I>L8 I<@EF F9A<KF1 ;@JFCM<I C8 JF:@<;8; :FEPL>8C =LE;8D<EKF C<>8C% 8IK% /(* :Â?[`^f [\ GifZ\[`d`\ekf :`m`c :L8EK@81 @E;<K<ID@E8;8 ;FD@:@C@F C<>8C1 :Xj`cc\if Al[`Z`Xc Eif% ,') [\c ;iX% O`d\eX NXZ_`c\dX 8LKF ;< :8C@=@:8:@FE% ALQ>8;F M@><J@DF GI@D<IF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# dXik\j () [\ alc`f [\c )'((# cXj (._+0% LeX m\q hl\ j\ _X [X[f Zldgc`$ d`\ekf X cf [`jgl\jkf \e gifm`[\eZ`X gi\Z\[\ek\# j\ ZXc`]`ZX cX [\dXe[X Zfdf ZcXiX# Zfdgc\kX p Zfek\ek`mX [\ cfj i\hl`j`kfj gi\Z\gklX[fj \e cfj XikÂ&#x2C6;Zlcfj -. p -/ [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c2 Zfej\Zl\e$ k\d\ek\# X[d`k`Â&#x201E;e[fcX Xc ki}d`k\ m\iYXc jldXi`f# \e Xk\eZ`Â?e X cX X]`idXZ`Â?e hl\ Zfe aliXd\ekf \]\Z$ kÂ&#x2019;X \c XZkfi jfYi\ cX `dgfj`Y`c`[X[ [\ [\k\id`eXi cX `e[`m`[lXc`[X[ f i\j`[\eZ`X [\ cX [\dXe[X[X# ZÂ&#x2C6;k\j\ X :8ID<E 8D<C@8 :8I>L8 I<@EF gfi cX gi\ejX# \e lef [\ cfj [`X$ i`fj [\ Xdgc`X Z`iZlcXZ`Â?e \e \jkX Z`l[X[ [\ Hl`kf cl^Xi [fe[\ j\ Z\c\YiÂ? \c dXki`dfe`f# \e cX ]fidX hl\ gi\Z\gkÂ&#x2019;Xe cfj XikÂ&#x2C6;Zlcfj ((0 [\c :Â?[`^f :`m`c p /) [\c :Â?[`^f [\ GifZ\[`d`\ekf \e cX d`jdX dXk\$ i`X% 8^iÂ&#x201E;^l\ej\ Xc \og\[`\ek\ cfj [fZld\ekfj i\]\i`[fj \e cX ]\ [\ gi\j\ekXZ`Â?e jljZi`kX gfi \c i\j$ gfejXYc\ [\ cX F]`Z`eX [\ Jfik\fj p :Xj`cc\ifj Al[`Z`Xc\j%$:@K<J< p EFK@=@HL<J<% ;I% IL9<E >@C<I :<;<zF% <C AL<Q Cf hl\ Zfdle`Zf X Ljk\[ p c\ :@KF gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\e X cX [\dXe[X[X [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc# gXiX jlj gfjk\i`f$ i\j efk`]`ZXZ`fe\j% C@:% >L@;F <JG@EFQ8 J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/(',(&k] C8 I<GL9C@:8 ;<C <:L8;FI ALQ>8;F M@><J@DF :L8IKF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 8 C8 J<zFI8 :<:@C@8 A8E<K? >8M@C8E<J 9FE@CC8# ;<C AL@:@F <JG<:@8C ;@JFCL:@FE ;< C8 JF:@<;8; :FEPL>8C # GIFGL<JK8 <E JL :FEKI8 GFI ;i% CL@J >LJK8MF :FC:?8 GFD8 D8E;8K8I@F 8EKFE@F G8KI@:@F <JG@E K8G@8%

Ied Z_ij_djWi bW W]kWi gk[ YkXh[d W bei gk[ [djhWd Wb c_ice hÂ&#x2021;e$ >;HĂ&#x203A;9B?JE :; ;<;IE

8:KFI1 ;i% CL@J >LJK8MF :FC:?8 GFD8 D8E;8K8I@F 8EKFE@F G8KI@:@F <JG@E K8G@8% ;<D8E;8;81 :<:@C@8 A8E<K? >8M@C8E<J 9FE@CC8 AL@:@F1 <jg\Z`Xc ;`jfclZ`Â?e [\ cX JfZ`\[X[ :fepl^Xc )'(($',/,$ I> :L8EKĂ 81 @e[\k\id`eX[X =<:?8 ;< @E@:@8:@äE1 )0 [\ ale`f [\c )'(( GIFM@;<E:@81 ALQ>8;F M@>yJ@DF :L8IKF ;< CF :@M@C ;< G@:?@E:?8% HL@KF# )0 [\ ale`f [\c )'((# cXj (,_,/%$ M@JKFJ1 8mfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e m`ikl[ [\c jfik\f i\Xc`qX[f% <e cf gi`eZ`gXc cX [\dXe$ [X hl\ Xek\Z\[\ \j ZcXiX# Zfdgc\kX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# \e Zfej\Zl\eZ`X j\ cX X[d`k\ Xc ki}$ d`k\ \jg\Z`Xc% ;\ Zfe]fid`[X[ X cf [`jgl\jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# ZÂ&#x2C6;k\j\ X cX [\dXe[X[X j\Â&#x152;fiX :<:@C@8 A8E<K? >8M@C8E<J 9FE@CC8# d\[`Xek\ ki\j glYc`ZXZ`fe\j hl\ j\ _Xi}e# ZX[X leX [\ \ccXj \e ]\Z_X [`jk`ekX# \e le g\i`Â?[`Zf [\ Xdgc`X Z`iZlcXZ`Â?e [\ cX Z`l[X[ p ZXekÂ?e Hl`kf# gifm`eZ`X [\ G`Z_`eZ_X# X ]`e [\ hl\ \e \c kÂ&#x201E;id`ef [\ ki\j [Â&#x2C6;Xj cX Zfek\jk\# kXc Zfdf cf [`jgfe\ \c 8ik% /(+ [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c% 8^iÂ&#x201E;^l\j\ cX [fZld\ekXZ`Â?e XZfdgXÂ&#x152;X[X% KÂ&#x201E;e^Xj\ \e Zl\e$ kX \c ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX[f% Efk`]Â&#x2C6;hl\j\%%%%%$ ] ;iX% DÂ?e`ZX =cfi GXqd`Â&#x152;f% Al\qX% Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`$ ^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc \e \jkX Z`l[X[ [\ Hl`kf gXiX gfjk\i`fi\j efk`]`ZXZ`fe\j% 8Y% DXi`f CXjjf Fik\^X J<:I<K8I@F ;<C ALQ>8;F M@>yJ@DF :L8IKF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/'-.'&k]

I<D8K<J I<GL9C@:8 ;<C <:L8;FI ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8

8M@JF AL;@:@8C ;< I<D8K< J\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf \e ^\e\iXc# hl\ \c [Â&#x2C6;X m\`ek\ p lef [\ J\gk`\dYi\ [\c [fj d`c feZ\# [\j[\ cXj ZXkfiZ\ _fiXj _XjkX cXj [`\Z`f$ Z_f _fiXj j\ cc\mXi} X ZXYf \e cX j\Zi\kXi`X [\c Alq^X[f ;Â&#x201E;Z`df [\ cf :`m`c [\ G`Z_`eZ_X# [\ekif [\c Al`Z`f <a\Zlk`mf Eif% ((0. )''0 8Y% =D# \c i\dXk\ [\c Y`\e `edl\Yc\ \dYXi^X$ [f# ZlpXj ZXiXZk\iÂ&#x2C6;jk`ZXj jfe1 ;@8>EFJK@:F :8I8:K<I@JK@:8J ><E<I8C<J F9A<KF <c `edl\Yc\ j\ lY`ZX \e cX Gifm`eZ`X [\ G`Z_`eZ_X# :XekÂ?e p :`l[X[ [\ Hl`kf GXiifhl`X [\ :fkfZfccXf# J\Zkfi :XiZ\cÂ&#x201E;e# LiYXe`qXZ`Â?e CX =cfi\jkX# :Xcc\ D`^l\c Ă?e^\c 8jkli`Xj F\+$)'/ p 8m\e`[X 8cY\ikf <`ejk\`e# Cfk\ Ef# ,.% <c j\Zkfi [fe[\ j\ \dgcXqX \c `edl\Yc\ \j le j\Zkfi Zfejfc`[X[f \d`e\ek\d\ek\ i\j`$ [\eZ`Xc hl\ Zl\ekX Zfe kf[fj cfj j\im`Z`fj [\ `e]iX\jkilZkliX p \hl`$ gXd`\ekf liYXef% <c Y`\e `edl\$ Yc\ j\ Zfejk`klp\ YXaf iÂ&#x201E;^`d\e [\ gifg`\[X[ _fi`qfekXc% <c @edlY(\ j\ Zfe]fidX [\ le ;\gXikXd\ekf j`^eX[f Zfe \c Ef KI<J# 9XcZÂ?e# AXi[`e\iX# GXihl\X[\if [\c ;\gXikXd\ekf Ef% KI<J% J\ lY`ZX Xc e`m\c [\ XZZ\jf [\j[\ cX :Xcc\ D`^l\c 8e^\c 8jkli`Xj# jl `e^i\jf g\XkfeXc p m\_`ZlcXi gXik`ZlcXi \j gfi \c ZfjkX[f [\i\Z_f [\c `edl\Yc\ \e ^\e\iXc% <c ;\gXikXd\ekf gifg`X$ d\ek\ [`Z_f j\ c\mXekX \e \jkilZkliX [\ _fid`^Â?e XidX[f Zfe ZlY`\ikX `eZc`eX[X \e XZ\if \jkilZkliXc Zfe cfj\kX [\ _fid`^Â?e# jlj gXi\[\j jfe [\ dXdgfjk\iÂ&#x2C6;X [\ Ycfhl\ \eclZ`[f p g`ekX[f# g`jfj dXj`ccX[fj j`e i\Zl$ Yi`d`\ekf# m\ekXeXj [\ Xcld`e`f p m`[i`f YifeZ\# gl\ikX gi`eZ`gXc [\ dX[\iX# ZfejkilZZ`Â?e j`e ZfeZcl`i# \o`jk\ cfj j`^l`\ek\j XdY`\ek\j# ?Xcc# jXcX# Zfd\[fi# ZfZ`eX# d\[`f YXÂ&#x152;f jfZ`Xc# k\iiXqX gXik`ZlcXi# ki\j [fid`kfi`fj le [fid`kfi`f gi`eZ`$ gXc Zl\ekX Zfe YXÂ&#x152;f gi`mX[f # YXÂ&#x152;f Zfdgc\kf ZfdgXik`[f% :fdf j\im`Z`fj Zfdl$ e`kXi`fj \o`jk\ leX ZXeZ_X [\ ljf dÂ&#x2019;ck`gc\ lY`ZX[f \e cX gXik\ gfjk\$ i`fi [\c `edl\Yc\ \e ^\e\iXc%

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

?Xp leX ]fkf L9@:8:@äE GIFM@E:@8 1 G`Z_`eZ_X :8EKFE Hl`kf G8IIFHL@8 :fkfZfccXf J<:KFI :XiZ\cÂ&#x201E;e :8CC< 1 :Xcc\ D`^l\c 8e^\c 8jkli`Xj F\+$)'/ p 8m\e`[X 8cY\ikf <`ejk\`e CFK< 1 Ef%,. C@E;<IFJ ;<G8IK8D<EKF Ef% KI<J1 J<>èE :<IK@=@:8;F ;< >IĂ?M8D<E<J EFIK< 1 MXZÂ&#x2C6;f jfYi\ j\ZX[\if ;\gXikXd\ekf Ef% LEF# \e )%-/ d\kifj# Z`iZlcXZ`Â?e g\XkfeXc# \e (#/ d\kifj# Z`iZlcXZ`Â?e g\XkfeXc ;\gXikXd\ekf Ef% KI<J \e +#-, d\kifj# j\ZX[\if E" #(/ \e *%// d\kifj JLI 1 MXZÂ&#x2C6;f jfYi\ \c YXcZÂ?e [\c ;\gXikXd\ekf Ef% ;FJ# \e (%)' d\kifj# mXZÂ&#x2C6;f jfYi\ i\k`if cXk\iXc \e ,%*,- d\kifj# mXZÂ&#x2C6;f jfYi\ Z`i$ ZlcXZ`Â?e g\XkfeXc \e *%)' d\kifj# aXi[`e\iX \e )%/' d\kifj%$ <JK< 1 AXi[`e\iX \e *%-, d\kifj# mXZÂ&#x2C6;f jfYi\ i\k`if ]ifekXc \e *%(' d\kifj# YXcZÂ?e \e *%,, d\kifj# XZZ\$ jf [\c [\gXikXd\ekf KI<J \e (%,, d\kifj# e`m\c "#(/ F<JK< 1 MXZÂ&#x2C6;f jfYi\ YXcZÂ?e [\c ;\gXikXd\ekf ;FJ \e *%,/ d\kifj# mXZÂ&#x2C6;f jfYi\ i\k`if gfjk\i`fi \e )%/0 d\kifj# j\ZX[\if E "# (/# \e ,%,) d\kifj JLG<I@FI 1 ((-%/* d\kifj ZlX$ [iX[fj @E=<I@FI 1 ;\gXikXd\ekf ;FJ \e ((-%/* d\kifj ZlX[iX[fj 8C@:LFK8 G8I:@8C1 )*#'- C@E;<IFJ J<:8;<IF Ef KI<J J<>èE :<IK@=@:8;F ;< >I8M8D<E<J EFIK<1 MXZ`f jfYi\ j\ZX[\if gXi$ k`ZlcXi \e *#// d\kifj# JLI 1 ;\gXikXd\ekf Ef# KI<J \e *%// d\kifj# <JK< 1 ;\gXikXd\ekf Ef% KI<J \e ,%,) d\kifj# F<JK< 1 MXZÂ&#x2C6;f jfYi\ i\k`if gfjk\i`fi# \e ,#,) d\kifj JLG<I@FI 1 :`\cf eXkliXc \e )(%*. d\kifj ZlX[iX[fj @E=<I@FI 1 ;\gXikXd\ekf Ef% ;FJ# \e )(%*. d\kifj ZlX[iX[fj 8C@:LFK8 G8I:@8C1 +%)) C@E;<IFJ G8IHL<8;<IF Ef% KI<J J<>èE :<IK@=@:8;F ;< >I8M8D<E<J EFIK< 1 Cfk\ Ef% ,-# gifg`\[X[ gXik`ZlcXi \e ,%'' d\kifj# JLI 1 :`iZlcXZ`Â?e gXik`ZlcXi Xc ;\gXikXd\ekf Ef% KI<J# \e ,%'' d\kifj# <JK< $% GXihl\X[\if + \e )%+' d\kifj# F<JK< 1 :`iZlcXZ`Â?e g\XkfeXc )%+' d\kifj \e E "# ( / JLG<I@FI1 :`\cf eXkliXc# \e ()#'' d\kifj ZlX[iX[fj

@E=<I@FI1 Jl`k\ \e ()%'' d\kifj ZlX[iX[fj 8CĂ :LFK8 G8I:@8C1 )%*. C@E;<IFJ A8I;@E<IĂ 8 Ef% KI<J J<>èE :<IK@=@:8;F ;< >I8M8D<E<J EFIK<1 ;\gXikXd\ekf Ef% KI<J \e )%/' d\kifj JLI1 MXZÂ&#x2C6;f jfYi\ Z`iZlcXZ`Â?e g\Xkf$ eXc E $ '%/' Zfe *%*) d\kifj <JK<1 MXZÂ&#x2C6;f jfYi\ Z`iZlcXZ`Â?e g\XkfeXc [\c i\k`if ]ifekXc \e *%.) d\kifj

F<JK<1 ;\gXikXd\ekf KI<J \e '%-) d\kifj# [\gXikXd\ekf KI<J \e *#(' d\kifj JLG<I@FI1 :`\cf eXkliXc# \e *%-. d\kifj ZlX[iX[fj @E=<I@FI1 ;\gXikXd\ekf ;FJ \e (%.+ d\kifj ZlX[iX[fj# mXZÂ&#x2C6;f jfYi\ Z`iZlcXZ`Â?e g\XkfeXc \e i\k`if ]ifekXc (%0* d\kifj ZlX[iX[fj 8CĂ :LFK8 G8I:@8C1 '%.) C@E;<IFJ 98C:FE Ef% KI<J J<>èE :<IK@=@:8;F ;< >I8M8D8E<J

CONVOCATORIA A JUNTA GENERAL EXTRAORDINARIA DE SOCIOS DE CRONIX C�A. LTDA. De conformidad con la facultad contenida en el artículo dÊcimo noveno del estatuto social vigente, en concordancia con los artículos 119 y 236 de la Ley de Compaùías, convoco a los socios de la compaùía CRONIX C�A. LTDA., a junta general extraordinaria, que se celebrarå el día jueves dieciocho (18) de agosto de 2011, a las 17H30, en las oficinas de la compaùía, situadas en el 4to piso del edificio ubicado en la Avenida 10 de Agosto N34-601 y Juan Pablo Sanz de la ciudad de Quito, Distrito Metropolitano, para tratar y resolver sobre el siguiente punto: 1.- Aumento de capital y reforma del estatuto social. Quito, 05 de agosto de 2011 Atentamente, Aníbal Carrera Arboleda MBA, MSc. Presidente Ejecutivo AR/84018/jq

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

EXTRACTO

EXTRACTO

CONSTITUCION DE LA COMPAĂ&#x2018;Ă?A CALZADO Y TEXTILES NACIONALES TEXYCAL CIA. LTDA. La compaùía CALZADO Y TEXTILES NACIONALES TEXYCAL CIA. LTDA. se constituyĂł por escritura pĂşblica otorgada ante el Notario VigĂŠsimo SĂŠptimo del Distrito Metropolitano de Quito, el 24 de Junio de 2011 , fue aprobada por la Superintendencia de Compaùías, mediante ResoluciĂłn SC.IJ.DJC. Q.11.003428 de 03 de Agosto de 2011. 1.- DOMICILIO: Distrito Metropolitano de Quito, provincia de PICHINCHA. 2.- CAPITAL: Suscrito US$ 400,00 NĂşmero de Participaciones 400 Valor US$ 1,00 3.- OBJETO: E objeto de a compaùía es: FABRICACIĂ&#x201C;N, IMPORTACIĂ&#x201C;N, DISTRIBUCIĂ&#x201C;N Y COMERCIALIZACIĂ&#x201C;N DE TEXTILES EN GENERAL; CONFECCIĂ&#x201C;N DE UNIFORMES PARA INSTITUCIONES PĂ&#x161;BLICAS, PRIVADAS, MILITARES Y POLICIALES; ROPA DE TRABAJO; FABRICACIĂ&#x201C;N DE TODO TIPO DE CALZADO EN GENERAL...

DE LA ESCRITURA PUBLICA DE FUSIĂ&#x201C;N POR ABSORCIĂ&#x201C;N DE LA COMPETENCIA S.A., (ABSORBENTE) CON LAS COMPAĂ&#x2018;Ă?AS INTELEMA CIA. LTDA. (ABSORBIDA) Y DIEL INDUSTRIA ELECTRONICA S.A. (ABSORBIDA), DISOLUCIĂ&#x201C;N ANTICIPADA SIN LIQUIDACIĂ&#x201C;N DE LAS COMPAĂ&#x2018;Ă?AS ABSORBIDAS, AUMENTO DE CAPITAL Y REFORMA DE ESTATUTOS DE LA ABSORBENTE Se comunica al pĂşblico que LA COMPETENCIA S.A., con domicilio principal en la ciudad de Quito, absorbiĂł a las compaùías INTELEMA CIA. LTDA. y DIEL INDUSTRIA ELECTRONICA S.A., aumentĂł su capital por efecto de la fusiĂłn en US $ 10.000.00, y, reformĂł sus estatutos por escritura pĂşblica otorgada ante el Notario Tercero del Distrito Metropolitano de Quito, el 1 de junio de 2011. Actos societarios aprobados por la Superintendencia de Compaùías, mediante ResoluciĂłn No. SC.IJ.DJCPTE.Q.11.003312 de 27 de julio de 2011. De conformidad con lo dispuesto en el segundo inciso del artĂ­culo 341 de la Ley de Compaùías, la compaùía absorbente se harĂĄ cargo de pagar el pasivo de las absorbidas y asumirĂĄ, por este hecho, las responsabilidades de un liquidador respecto de los acreedores de ĂŠstas. DATOS DE LA ABSORBENTE LA COMPETENCIA S.A. 1. DURACIĂ&#x201C;N: Hasta el 25 de agosto del 2059. 2. DOMICILIO PRINCIPAL: Distrito Metropolitano de Quito 3. CAPITAL SOCIAL: El capital social de la compaùía es de ciento veinte y dos mil cien dĂłlares de los Estados Unidos de AmĂŠrica, divido en ciento veinte y dos mil cien acciones ordinarias y nominativas de un valor de un dĂłlar de los Estados Unidos de AmĂŠrica cada una. 4. OBJETO SOCIAL: El objeto social de la compaùía serĂĄ:.. f) instalaciĂłn, reparaciĂłn, servicio y mantenimiento de todos los bienes seĂąalados en literales anteriores, g) DiseĂąo y fabricaciĂłn de circuitos electrĂłnicos, para la aplicaciĂłn en telecomunicaciones, registro y proceso de datos 5. ADMINISTRACIĂ&#x201C;N Y REPRESENTACIĂ&#x201C;N LEGAL: La compaùía esta administrada por el Gerente General y el Presidente. Ejercen la representaciĂłn legal el Presidente y Gerente General.

Quito, 03 de Agosto de 2011.

Dr. Oswaldo Noboa LeĂłn DIRECTOR JURIDICO DE COMPAĂ&#x2018;Ă?AS

Distrito Metropolitano de Quito,

AC/81147/tf

Dr. Camilo Valdivieso Cueva INTENDENTE DE COMPAĂ&#x2018;Ă?AS DE QUITO AC/81124/tf


EFIK<1 ;\gXikXd\ekf Ef# KI<J \e '%/, d\kifj# JLI1 ;\gXikXd\ekf Ef% KI<J# \e '%+' d\kifj# aXi[`e\iX \e '%+, d\kifj# <JK<1 MXZÂ&#x2C6;f jfYi\ Z`iZlcXZ`Â?e g\XkfeXc \e i\k`if ]ifekXc \e *%,, d\kifj# F<JK<1 ;\gXikXd\ekf KI<J \e *%,, d\kifj# JLG<I@FI1 :lY`\ikX \e *%') d\kifj ZlX[iX[fj @E=<I@FI1 ;\gXikXd\ekf ;FJ \e *%') d\kifj ZlX[iX[fj 8CĂ :LFK8 G8I:@8C1 '%-' : 8 I 8 : K < I @ J K @ : 8 J :FEJKIL:K@M8J M@JK8 8::<JF GI@E:@G8C2 M@JK8 @EK<I@FI ;FID@KFI@F2 M@JK8 ><E<I8C 8I<8 :FDLE8C% ?Xp ]fkfj LJF1 ?XY`kXZ`Â?e Xc dfd\ekf [\j$ fZlgX[f

8D9@<EK<J1 ?Xcc# jXcX# Zfd\[fi# ZfZ`eX# d\[`f YXÂ&#x152;f jfZ`Xc# YXcZÂ?e# ki\j# [fid`kfi`f \e \c [fid`kfi`f gi`eZ`gXc \o`jk\ le YXÂ&#x152;f Zfdgc\kf `eZcl`[f # YXÂ&#x152;f Zfdgc\kf ZfdgXi$ k`[f% <JKIL:KLI81 ?fid`^Â?e XidX[f p ZlY`\ikX [\ \jkilZkliX [\ XZ\if Zfe cfj\kX :F9<IKLI81 @eZc`eX[X jfYi\ \jkilZkliX [\ XZ\if% D8DGFJK<IĂ 81 9cfhl\ I <: L 9 I @ D @ < E KFJ 1 G` j f j % DXj`ccX[f GXi\[\j# <eclZ`[f g`ekX[f KldYX[fj% Ef GL<IK8J1 Gl\ikX gi`eZ`gXc [\ dX[\iX M<EK8E8J1 8cld`e`f p m`[i`f YifeZ\ <JK8;F1 I\^lcXi JLG<I=@:@<1 ((-%/* d\kifj ZlX$ [iX[fj

COOPERATIVA DE DESARROLLO COMUNAL TARQUI

NOTIFICACION Por el presente documento, y previo a la exclusiĂłn como socios, y por desconocimiento de domicilio y paradero se les notifica dentro del proceso correspondiente para que se acerquen, y expongan su legitima defensa ante el Consejo de AdministraciĂłn, en sesiĂłn que se llevarĂĄ a cabo el dĂ­a 20 de agosto del 2011 en las oficinas de la Cooperativa Ubicada en la calle RĂ­o Conuris y Alonso de GarcĂ­a a las 8:00 horas, Jorge Alonso Paredes, Laura Alicia RĂ­os Catillo, Beatriz Eulalia Vargas Puertas, Luz AmĂŠrica Torres Besantes. Se les anticipa que en caso que no asistan, se procederĂĄ conforme a lo dispuesto en los Estatutos y Reglamento Interno, especialmente con el Art. 30 literal b, de la Ley OrgĂĄnica de EconomĂ­a Popular y Solidaria vigente. Quito, 4 de agosto del 2011 Presidente del Consejo de AdministraciĂłn Segundo AnĂ­bal Delgado Guerrero AC/81083/tf

CONVOCATORIA A Junta General Extraordinaria de Accionistas de la Compaùía ROHANNAINNOVAR DEL ECUADOR S.A De conformidad con la ley, el reglamento y el estatuto social de la Compaùía, convoco a los accionistas, a la Junta General Extraordinaria, que se llevarå a cabo el día martes 16 de agosto del 2011, a las 19:00 horas en las oficinas de la Compaùía, ubicada en el Pasaje B N 31-37 y San Gabriel en la ciudad de Quito, con el siguiente orden del día: 1. Lectura del acta de sesión anterior. 2. Elección del Presidente de la Compaùía. 3. Conocimiento y aprobación del informe de Gerencia del aùo 2010. 4. Conocimiento y resolución del informe del Comisario del aùo 2010. 5. Conocimiento y resolución del balance del ejercicio económico del aùo 2010. 6. Resolución sobre los resultados del ejercicio económico del aùo 2010. El balance general, el estado de pÊrdidas y ganancias y sus anexos, y los informes del Gerente y Comisario; estån a disposición de los accionistas en las oficinas de la Compaùía a partir del 04 de agosto del presente aùo. Se convoca de manera especial e individual al comisario de la Compaùía Sra. Mayra Ordoùez.

F9J<IM8:@FE<J1 CX ZfejkilZZ`Â?e j\ \eZl\ekiX `eZfeZcljX @E=I8<JKIL:KLI8 <O@JK<EK< <c `edl\Yc\ Zl\ekX Zfe kf[fj cfj j\im`Z`fj Y}j`Zfj [\ `e]iX\jkilZ$ kliX p jlj i\jg\Zk`mXj XZfd\k`[Xj [fd`Z`c`Xi`Xj% :L8;IF ;< 8M8CLF ;<C @EDL<9C<% ;<J:I@G:@äE2 8I<8 D)2 :FJKF O D)2 JL9KFK8C ;\gXikXd\ekf2 ((-%/*2 +,'%'' LJ;2 ,)%,.*%,' LJ; J\ZX[\if2 )(%*.2 *''%'' LJ;2 -%+((%'' LJ; GXihl\X[\if2 ()%''2 */'%'' LJ;2 +%,-'%'' LJ; AXi[`e\iX2 *%-.2 )''%'' LJ;2 .*+%'' LJ; 9XcZÂ?e2 *%')2 *''%'' LJ;2 0'-%'' LJ; KFK8C2 -,%(/+%,' LJ; JFE1 J<J<EK8 P :@E:F D@C :@<EKF F:?<EK8 P :L8KIF :FE ,'&('' LJ;% J%<%L%F J\ i\Z`Y`i}e gfjkliXj hl\ ZlYiXe gfi cf d\efj cXj [fj k\iZ\iXj gXik\j [\c XmXcÂ&#x2019;f XgifYX[f# \e [`e\if \e \]\Zk`mf p&f Z_\hl\ Z\ik`]`ZX[f X cX fi[\e [\c Alq^X[f# gfi kiXkXij\ [\c gi`d\i j\Â&#x152;XcXd`\ekf# `e]fid\j \e cX j\Zi\kXi`X [\ \jkX al[`ZXkliX p ;i% Alc`f >fi[`ccf# ;\gfj`kXi`f Al[`Z`Xc% ;i% <[^Xi ?Xif MXc\eql\cX J<:I<K8I@F < ;<C ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/((*)&k] I\gÂ&#x2019;Yc`ZX [\c <ZlX[fi ALQ>8;F ;y:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 8M@JF AL;@:@8C ;< I<D8K< AL@:@F ;< G8IK@:@äE Ef% ('+,$ )''.$BD J< GFE< <E :FEF:@D@<EKF ;<C Gè9C@:F <E ><E<I8C HL< <C ;@8 CLE<J KI<J ;< F:KL9I< ;<C 8zF ;FJ D@C FE:<% ;<J;< C8J :8KFI:< ?8JK8 C8J ;@<:@F:?F ?FI8J# <E C8 J<:I<K8IĂ 8 ;<C ALQ>8;F K<E;IĂ? CL>8I <C I<D8K< <E Gè9C@:8 JL98JK8# ;<C 9@<E @EDL<9C< :LP8J :8I8:K<IĂ JK@:8J P ;<DĂ?J <JG<:@=@:8:@FE<J 8 :FEK@EL8:@äE J< ;<K8CC8E1 (% 9@<E @EDL<9C<1 DXk\i`X [\ cX gi\j\ek\ ZXljX% $ (%(% L9@:8:@äE1 Gifm`eZ`X [\ G`Z_`eZ_X# :XekÂ?e p :`l[X[ [\ Hl`kf# GXiifhl`X LiYXeX CX =\iifm`Xi`X Xek\j gXiifhl`X <cfp 8c]Xif # 9Xii`f&J\Zkfi ;fjZ`\ekXj :XjXj# :Xcc\ ?XiZ_\i ?XidXe EÂ&#x2014; <*$,(# Cfk\ EÂ&#x2014; )/% (%)% C@E;<IFJ1 ! EFIK< 1 :fe gifg`\[X[ [\ cfj

H[YedeY[ jki [hheh[i Wdj[i Z[ gk[ ejhei bei [nW][h[d$ : H $ 7 D : H ; M C 7 I E D $

ZÂ?epl^\j =Xljkf >l`cc\idf I`f]iÂ&#x2C6;f IXdfj p <edX Al[`k_ J`cmX ;Â&#x2C6;Xj# \e *(#)' d% JLI 1 :fe gifg`\[X[ [\ Alc`f If[iÂ&#x2C6;^l\q% <e )0#.' d% <JK< 1 :fe cX ZXcc\ D\[Xi[f 8c]Xif# \e +#.' d% F<JK< 1 :fe cX ZXcc\ ?XiZ_\i ?XidXe# \e ((#,' d% (%*% :8I8:K<I@JK@:8J1 <c `edl\$ Yc\ ZfejkX [\ k\ii\ef p ZfejkilZ$ Z`fe\j (%*%(% K<II<EF1 <c }i\X [\c k\ii\ef ! \j [\ ),(%*0 d)# [\ ]fidX `ii\$ ^lcXi p kfgf^iX]Â&#x2C6;X Zfe leX g\e[`\e$ k\ \e ]fidX [\jZ\e[\ek\ [\ <jk\ X F\jk\% J\ \eZl\ekiX [\c`d`kX[f1 gfi \c Efik\ \e gXik\ gfi Z\iiXd`\ekf \e dXdgfjk\iÂ&#x2C6;X [\ cX[i`ccf p i`fjkiXj [\ _fid`^Â?e XidX[f \e fkiX j`e Z\iiXd`\ekf p \e fkiX gXi\[ [\ cX ZfejkilZZ`Â?e \o`jk\ek\2 gfi \c Jli \e gXik\ gfi gXi\[\j \ cXj Zfej$ kilZZ`fe\j \o`jk\ek\j \e fkiX j`e Z\iiXd`\ekf2 gfi \c <jk\ gfi gXi\[ [\ cX ZfejkilZZ`Â?e \o`jk\ek\2 gfi \c F\jk\ \e gXik\ gfi gXi\[ [\ cX ZfejkilZZ`Â?e \o`jk\ek\ p \e fkiX gfi gl\ikX [\ XZZ\jf m\_`ZlcXi p g\Xkf$ eXc Zfejkil`[X \e _`\iif$kfc% (%*%)% :FEJKIL::@FE<J1 :FEJKIL::@FE Ă&#x2C6;8Ă&#x2030;1 @dgcXekX[X \e \c cX[f F\jk\ [\c k\ii\ef# X[fjX[X \e gXik\ [\c c`e[\if Jli p F\jk\# Zfe ]i\ek\ X cX ZXcc\ ?XiZ_\i ?XidXe% ;\ leX gcXekX# ]fidX[X gfi cfj j`^l`\e$ k\j XdY`\ek\j1 JXcX# Zfd\[fi# ZfZ`$ eX# _Xcc [\ [`jki`YlZ`Â?e# YXÂ&#x152;f p ki\j [fid`kfi`fj2 [\ gXi\[\j [\ cX[i`ccf \eclZ`[Xj p g`ekX[Xj# cXj gXi\[\j [\ cX ZfZ`eX p YXÂ&#x152;f j\ \eZl\ekiXe gXiZ`Xcd\ek\ i\ZlY`\ikXj [\ Xqlc\$ af2 \jkilZkliX [\ _fid`^Â?e XidX[f2 ZlY`\ikX [\ cfjX XZZ\j`Yc\2 Z`\cf iXjf Z_Xdg\X[f \oZ\gkf \e cX ZfZ`eX hl\ \j Xc`jX[f2 g`jf [\ gXihl\k \oZ\gkf [\c _Xcc [\ [`jki`YlZ`Â?e# ZfZ`eX p YXÂ&#x152;f hl\ \j [\ YXc[fjX2 gl\ikXj `ek\i`fi\j [\ dX[\iX gXe\cX[Xj p \ok\i`fi\j [\ _`\iif$dX[\iX p fkiX [\ dX[\iX gXe\cX[X2 m\ekXeXj [\ _`\iif p m`[i`f ZcXif Zfe i\aXj [\ gifk\ZZ`Â?e% :XY\ XefkXi hl\ \o`j$ k\e ^iX[Xj \ok\i`fi\j [\ XZZ\jf X cX cfjX [\ ZlY`\ikX% <c }i\X [\ \jkX ZfejkilZZ`Â?e \j [\ /0%*( d) p j\

\eZl\ekiX \e i\^lcXi \jkX[f% :FEJKIL::@FE Ă&#x2C6;9Ă&#x2030;1 @dgcXekX[X \e \c cX[f Jli p <jk\ [\ cX cfjX [\ ZlY`\ikX [\ cX ZfejkilZZ`Â?e Ă&#x2C6;8Ă&#x2030;% J\ kiXkX [\ le ^XcgÂ?e [\ \jkilZkliX [\ _fid`^Â?e XidX[f2 ZlY`\ikX [\ dX[\iX Zfe k\Z_X[f [\ Z`eZ2 gXi$ Z`Xcd\ek\ Zfe gXi\[\j [\ Ycfhl\ \eclZ`[Xj2 g`jf dXj`ccX[f% <c }i\X [\ \jkX ZfejkilZZ`Â?e \j [\ ,/%** d) p j\ \eZl\ekiX \e i\^lcXi \jkX[f% :FEJKIL::@FE Ă&#x2C6;:Ă&#x2030;1 @dgcXekX[X Xc Jli\jk\ Zfe i\jg\Zkf X cX Zfej$ kilZZ`Â?e Ă&#x2C6;8Ă&#x2030;% ;\ leX gcXekX d\[`X X^lX # ]fidX[X gfi le ZlXikf hl\ \j lk`c`qX[f Zfdf ^Xcc`e\if2 [\ gXi\$ [\j [\ X[fY\ p cX[i`ccf2 ZlY`\ikX [\ dX[\iX Zfe k\Z_X[f [\ \k\ie`k# g`jf [\ k`\iiX# <c }i\X Xgifo`dX[X [\ \jkX ZfejkilZZ`Â?e \j [\ *%'' d) p j\ \eZl\ekiX \e dXc \jkX[f \e gifZ\jf [\ [\jkilZZ`Â?e % :FEJKIL::@FE Ă&#x2C6;;Ă&#x2030;1 `dgcXekX[X p X[fjX[X X kf[f cf cXi^f [\c cÂ&#x2C6;d`$ k\% <jk\ [\c k\ii\ef% ;\ leX gcXekX d\[`X X^lX # ]fidX[X gfi le ZlXi$ kf hl\ \j lk`c`qX[f Zfdf ^Xcc`e\if2 [\ gXi\[\j [\ X[fY\ p cX[i`ccf2 ZlY`\ikX [\ dX[\iX Zfe k\Z_X[f [\ \k\ie`k p kiXejclZ`[fj2 g`jf [\ k`\iiX% <c }i\X Xgifo`dX[X [\ \jkX ZfejkilZZ`Â?e \j [\ *%'' d) p j\ \eZl\ekiX \e dXc \jkX[f \e gifZ\jf [\ [\jkilZZ`Â?e % (%+% @E=I8<JKIL:KLI81 <c `edl\$ Yc\ Zl\ekX Zfe cfj j\im`Z`fj Y}j`Zfj1 [\ `e]iX\jkilZkliX# \j [\Z`i k`\e\ X^lX gfkXYc\# \e\i^Â&#x2C6;X \cÂ&#x201E;Zki`ZX# XcZXekXi`ccX[f p k\cÂ&#x201E;]fef% :FE:<GKF2 :8EK@;8;2 LE@;8;2 G% LE@K8I@F2 G% KFK8C K\ii\ef2 ),(#*02 d)2 /'#''2 )'%(((#)' :fejkilZZ`Â?e Ă&#x2C6;8Ă&#x2030;2 /0#*(2 d)2 )''#''2 (.%/-)%'' :fejkilZZ`Â?e Ă&#x2030;9Ă&#x2030;2 ,/#**2 d)2 *'#''2 (%.+0#0' KFK8C *0%.)*#(' JFE1 KI<@EK8 P EL<M< D@C J<K<:@<EKFJ M<@EK< P KI<J ('&('' ;FC8I<J <c i\dXk\ k\e[i} Zfdf YXj\ cXj [fj k\iZ\iXj gXik\j [\c XmXcÂ&#x2019;f XgifYX[f gfi kiXkXij\ [\ gi`d\i j\Â&#x152;XcXd`\ekf# Xc hl\ [\Y\e XZfdgXÂ&#x152;Xi \c [`\q gfi Z`\ekf [\ cX f]\ikX# \e [`e\if \]\Zk`mf

I<GL9C@:8 ;<C <:L8;FI ALQ>8;F GI@D<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 81 G8I<;<J CFG<Q :8ICFJ% <OKI8:KF 8:KFI1 J<>LE;F D@>L<C Fz8 ;<D8E;8;F1 G8I<;<J CFG<Q :8ICFJ% AL@:@F FI;@E8I@F Ef% -,)$)'((% 8: :8J@CC8 AL;@:@8C Ef /, ;<=<EJFI1 ;I% 8IKLIF 8>L@II< =<:?8 ;< @E@:@F1 )* ;< D8PF ;<C )'(( ALQ>8;F GI@D<IF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# cle\j (( [\ alc`f [\c )'((# cXj '0_*/%$ M@JKFJ1 CX [\dXe[X gi\j\ekX[X gfi J<>LE;F D@>L<C Fz8 P IFJ8 D8I@8 ><EFM<M8 :FP8>F G8:?<:F \e ZfekiX [\ :8ICFJ C<FE@;8J G8I<;<J CFG<Q# i\Â&#x2019;e\ cfj i\hl`j`kfj c\^Xc\j# \e Zfej\Zl\e$ Z`X j\ cX XZ\gkX Xc ki}d`k\ Zfii\j$ gfe[`\ek\ gfi cX mÂ&#x2C6;X fi[`eXi`X% GXiX hl\ \e \c kÂ&#x201E;id`ef [\ hl`eZ\ [Â&#x2C6;Xj cfj [\dXe[X[fj gifgfe^Xe cXj \oZ\gZ`fe\j [\ cXj hl\ j\ Zi\p\i\e Xj`jk`[fj% ;\ Zfe]fid`[X[ Xc 8ik% (''' [\c GifZ\[`d`\ekf :`m`c `ej$ ZiÂ&#x2C6;YXj\ cX [\dXe[X \e \c I\^`jkif [\ cX Gifg`\[X[ [\c ZXekÂ?e% 8k\ekf \c aliXd\ekf i\e[`[f gfi \c XZkfi p [\ Zfe]fid`[X[ Zfe \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c j\ [`jgfe\ hl\ j\ Z`k\ gfi cX gi\ejX Xc j\Â&#x152;fi :8ICFJ C<FE@;8J G8I<;<J CFG<Q# \e lef [\ cfj [`Xi`fj cfZX$ c\j [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[% <ekiÂ&#x201E;^l\j\ Xc XZZ`feXek\ \c \okiXZkf hl\ Zfii\jgfe[X%$ J\ ZfekXiX Zfe cX ZfdgXi\Z\eZ`X [\c @cljki\ Dle`Z`g`f D\kifgfc`kXef [\ Hl`kf \e cX G\ijfeX [\c 8cZXc[\ p J`e[`Zf [\ cX Z`l[X[% KÂ?d\j\ \e Zl\ekX cX ZXj`ccX al[`Z`Xc p cX Xlkfi`$ qXZ`Â?e fkfi^X[X X jl XYf^X[f gXkif$ Z`eX[fi% 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cfj [fZld\ekfj gi\j\ekX[fj%$ :Ă K<J< P EFK@=Ă HL<J<%$ ;I% 8C=I<;F >I@A8CM8 DLzFQ% AL<Q% Cf hl\ gfe^f \e ZfefZ`d`\ekf Xc gÂ&#x2019;Yc`Zf \e ^\e\iXc# gXiX cfj ]`e\j c\^Xc\j Zfii\jgfe[`\ek\j% ;i% GXYcf Kfif :Xii`ccf

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

EXTRACTO

EXTRACTO

CONSTITUCION DE LA COMPAĂ&#x2018;Ă?A ZABDIHOLDING S.A.

DE LA ESCRITURA PUBLICA DE REFORMA DE ESTATUTOS DE LA COMPAĂ&#x2018;Ă?A COMPLEMENTOS EMPRESARIALES COMEMP S.A.

La compaùía ZABDIHOLDING S.A. se constituyĂł por escritura pĂşblica otorgada ante el Notario VigĂŠsimo Noveno del Distrito Metropolitano de Quito, el 14 de julio de 2011, fue aprobada por la superintendencia de compaùías, mediante ResoluciĂłn SC.IJ.DJC.Q.11.003462 de 04 de Agosto de 2011. 1.- DOMICILIO: Distrito Metropolitano de Quito, provincia de PICHINCHA 2.-CAPITAL: Suscrito US$ 5.000,00 Numero de Acciones 5.000 Valor US$ 1,00 3.- OBJETO: el objeto de la compaùía es: 1. ADQUIRIR, MANTENER Y ADMINISTRAR ACCIONES, PARTICIPACIONES SOCIALES O CUALQUIER OTRO TITULO O INVERSIONES EN SOCIEDADES CONSTITUIDAS EN EL ECUADOR O EN EXTRANJERO, CUALQUIERA SEA EL OBJETO SOCIAL DE Ă&#x2030;STAS.... Quito, 04 de agosto de 2011

Se comunica al pĂşblico que la compaùía COMPLEMENTOS EMPRESARIALES COMEMP S.A., reformĂł sus estatutos por escritura pĂşblica otorgada ante el Notario Tercero del Distrito Metropolitano de Quito el 27 de Abril del 2011. Acto societario aprobado por la Superintendencia de Compaùías, mediante ResoluciĂłn No. SC.IJ.DJC.Q.11.003373 de 1 de Agosto del 2011. En virtud de la presente escritura pĂşblica la compaùía reforma el artĂ­culo tres del Estatuto Social, de la siguiente manera: â&#x20AC;&#x153;ARTICULO TRES: OBJETO Y MEDIOS....... LA PROMOCIĂ&#x201C;N, OPERACIĂ&#x201C;N Y FUNCIONAMIENTO, ORGANIZACIĂ&#x201C;N Y ADMINISTRACIĂ&#x201C;N DE SALAS TEATRALES, REALIZACIĂ&#x201C;N DE ACTOS CULTURALES, ARTĂ?STICOS, EMPRESARIALES, CONFERENCIAS Y EVENTOS EN GENERAL;....â&#x20AC;? D.M. Quito, 1 de Agosto de 2011.

Dr. Oswaldo Noboa LeĂłn DIRECTOR JURIDICO DE COMPAĂ&#x2018;IAS AR/84024/jq

Ĺ? Ä&#x160;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä

Ĺ? +. Ĺ? Ä&#x152;Ĺ?

M8I@FJ

Quito, 06 de agosto del 2011 Paola Herrera Murillo GERENTE GENERAL

f Z_\hl\ Z\ik`]`ZX[f X efdYi\ [\c Alq^X[f% Cf hl\ Zfdle`Zf Xc glYc`Zf \e ^\e\$ iXc gXiX cfj ]`e\j [\ C\p% :\ik`]`Zf% ;i% E`cf >feqXcf 8cdXZ_` J<:I<K8I@F ;<C ALQ>8;F ;<:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/((*-&k]

Ab. Hugo Oswaldo Arias Salgado INTENDENTE JURIDICO AC/81146/tf

AC/81143/tf

J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/(()*&k] I\gÂ&#x2019;Yc`ZX [\c <ZlX[fi ALQ>8;F ;y:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 <OKI8:KF AL;@:@8C G8I8 CFJ =@E<J C<>8C<J G<IK@E<EK<J J< ?8:< :FEF:<I 8C GL9C@:F <E ><E<I8C HL< <E <JK8 AL;@:8KLI8 J< <JK8 KI8D@K8E;F <C AL@:@F ;< @EJFCM<E:@8 Ef% /**$)'('$ BD# GIFGL<JKF GFI <C ;I% =I8E:@J:F <JK<98E :8II<I8 ;LI8E# GIF:LI8;FI AL;@:@8C ;<C J<zFI =<IE8E;F GFQF :I<JGF# ><I<EK< ><E<I8C P I<GI<J<EK8EK< C<>8C ;<C 98E:F G@:?@E:?8 :%8%# <E :FEKI8 ;< C8LIF A8I8D@CCF G8QD@zF AL@:@F1 @EJFCM<E:@8 Ef% /**$ )'('$BD 8:KFI1 ;I% =I8E:@J:F <JK<98E :8II<I8 ;LI8E# GIF:LI8;FI AL;@:@8C ;<C J<zFI =<IE8E;F GFQF :I<JGF# ><I<EK< ><E<I8C P I<GI<J<EK8EK< C<>8C ;<C 98E:F G@:?@E:?8 :%8% ;<D8E;8;F1 C8LIF A8I8D@CCF G8QD@zF F 9 A < KF 1 F 9K < E < I C 8 ; <: C 8 I 8 : @ ä E ;< C 8 GIF:<;<E:@8 ;<C :FE:LIJF ;< 8:I<<;FI<J ;<C ;<D8E;8;F KI8D@K<1 <JG<:@8C :L8EKĂ 81 @E;<K<ID@E8;8 G I F M @ ; < E : @ 8 ALQ>8;F ;<:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# al\$ m\j / [\ alc`f [\c )'('# cXj ('_*-%$ M@JKFJ1 8mfZf ZfefZ`d`\ekf [\ cX ZXljX \e ZXc`[X[ [\ Al\q Jlgc\ek\ Zfe]fid\ Xc F]`Z`f Ef% 0).$;G$;;G$ A8I$'. [\ , [\ [`Z`\dYi\ [\ )''. p \e m`ikl[ [\c jfik\f gi\Z\[\ek\% CX [\dXe[X gi\j\ekX[X \j ZcXiX# gi\$ Z`jX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p% <e Zfej\Zl\eZ`X# gfi gi\j\ekX[Xj cXj Zfg`Xj p Zfe]fid\ X cf gi\m`jkf \e \c eÂ&#x2019;d\if ( [\c 8ik% ,(0 [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# gi\jld`Â&#x201E;e$ [fj\ cX `ejfcm\eZ`X [\c j\Â&#x152;fi C8LIF A8I8D@CCF G8QD@zF# Zfe ZÂ&#x201E;[lcX [\ Z`l[X[XeÂ&#x2C6;X Ef% ('''.)-)+$/# j\ dXe[X X ]fidXi ZfeZlijf [\ XZi\\$ [fi\j p j\ fi[\eX cX fZlgXZ`Â?e [\ jlj Y`\e\j# c`Yifj# Zfii\jgfe[\e$ Z`X p d}j [fZld\ekfj# hl\ j\i}e \eki\^X[fj Xc JÂ&#x2C6;e[`Zf [\ cX Hl`\YiX ;i% Afi^\ DXZXj Ifd\if hl`\e cfj i\Z`Y`i}# gi\m`f `em\ekXi`f# cl\^f [\ cX XZ\gkXZ`Â?e [\ jl ZXi^f% ?}^Xj\ jXY\i Xc gÂ&#x2019;Yc`Zf [\ \jk\ gXik`ZlcXi d\[`Xek\ leX glYc`ZXZ`Â?e [\ gi\ejX \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[ [\ Hl`kf% 8ZldÂ&#x2019;c\j\e cfj gc\`kfj j\^l`[fj \e ZfekiX [\c [\l[fi gfi fYc`^XZ`fe\j [\ [Xi f _XZ\i# Zfe \oZ\gZ`Â?e [\ cfj XZi\\[fi\j _`gfk\ZXi`fj# hl`\$ e\j _Xi}e mXc\i jlj [\i\Z_fj gfi j\gXiX[f2 Xc \]\Zkf# f]Â&#x2C6;Z`\j\ X cfj j\Â&#x152;fi\j Al\Z\j [\ cf :`m`c [\ \jkX ali`j[`ZZ`Â?e% I\dÂ&#x2C6;kXj\e cXj Zfg`Xj g\ik`e\ek\j X cfj j\Â&#x152;fi\j Al\Z\j [\ cf G\eXc gXiX cX ZXc`]`ZXZ`Â?e [\ cX `ejfcm\eZ`X% Gif_Â&#x2C6;YXj\ hl\ \c [\dXe[X[f j\ Xlj\ek\ [\c cl^Xi [\c al`Z`f# Zfdle`ZXe[f \e \jk\ j\ek`[f X cXj Xlkfi`[X[\j i\jg\Zk`mXj% J\ [`jgfe\ hl\ \c [\l[fi gi\j\ek\ \c YXcXeZ\ [\ jlj Y`\e\j# Zfe \ogi\j`Â?e [\c XZk`mf p [\c gXj`mf# \e \c kÂ&#x201E;id`ef [\ fZ_f [Â&#x2C6;Xj% :fdf \c ]Xcc`[f hl\[X [\ _\Z_f \e `ek\i[`ZZ`Â?e gXiX X[d`$ e`jkiXi jlj Y`\e\j# efk`]Â&#x2C6;hl\j\ X cfj j\Â&#x152;fi\j EfkXi`fj# I\^`jkiX[fi [\ cX Gifg`\[X[# I\^`jkiX[fi D\iZXek`c# Jlg\i`ek\e[\ek\ [\ 9XeZfj# Jlg\i`ek\e[\ek\ [\ :fdgXÂ&#x152;Â&#x2C6;Xj# :fekiXcfi >\e\iXc [\c <jkX[f# ;`i\Zkfi >\e\iXc [\c I\^`jkif :`m`c# @[\ek`]`ZXZ`Â?e p :\[lcXZ`Â?e# ;`i\Zkfi EXZ`feXc [\ Ki}ej`kf# Xc :fej\af EXZ`feXc <c\ZkfiXc# X cX ;`i\ZZ`Â?e EXZ`feXc [\ G\ijfeXc p X cX F]`Z`eX [\ J\im`Z`fj :`m`c p ;\jXiifccf @ejk`klZ`feXc$FJ:;@# J<EI<J# J\im`Z`f [\ I\ekXj @ek\ieXj% J`e g\ial`Z`f [\ \jkX [\ZcXiXkfi`X# \c [\l[fi [\ekif [\c kÂ&#x201E;id`ef [\ ki\j [Â&#x2C6;Xj gf[i} fgfe\ij\ X cX `ejfcm\e$ Z`X gX^Xe[f f [`d`k`\e[f Y`\e\j jXe\X[fj p jl]`Z`\ek\j% :Â&#x2C6;k\j\ Xc [\dXe[X[f \e \c cl^Xi `e[`ZX[f gXiX \c \]\Zkf% KÂ?d\j\ \e Zl\ekX \c [fd`Z`c`f al[`Z`Xc j\Â&#x152;XcX[f gfi \c XZkfi p X^iÂ&#x201E;^l\j\ cX [fZld\ekXZ`Â?e X[alekX% Gfi `dgifZ\[\ek\# j\ e`\^X cf jfc`Z`kX[f \e \jZi`kf [\ . [\ alc`f [\ )'('% Efk`]Â&#x2C6;hl\j\%$ ] ;i% IlY\e :\mXccfj =XYXiX% Al\q% Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j [\ C\p# gi\m`e`\e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX jlj ]lkliXj efk`]`ZXZ`fe\j# hl\ c\ Zfii\jgfe[Xe% :\ik`]`Zf% ;i% E`mcf >feqXcf 8cdXZ_` J<:I<K8I@F ;<C ALQ>8;F ;<:@DF K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/(())&k]

Ä&#x2020;

ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 8 cfj GI<JLEKFJ ?<I<;<IFJ P ;<J:FEF:@;FJ ;<C :8LJ8EK< j\Â&#x152;fi ?L>F D8I:<CF M@EL<Q8 8E;I8;< j\ c\j _XZ\ ZfefZ\i \c <OKI8:KF [\ [\dXe[X [\ @EM<EK8I@FJ p cX gifm`[\eZ`X hl\ X Zfek`elXZ`Â?e j`^l\1 <OKI8:KF1 8:KFI<J1 9C8E:8 :C<FK@C;< >8I:@8 M@CC8:Ă J# D8I@8 =<IE8E;8 ;<D8E;8;FJ1 GI<JLEKFJ ?<I<;<IFJ P ;<J:FEF:@;FJ ;<C F9A<KF1 Hl\ gi\m`f \c ki}$ d`k\ g\ik`e\ek\# \e j\ek\eZ`X j\ c\ [\ZcXi\ XY`\ikX cX jlZ\j`Â?e `e^\j$ kX [\ ?L>F D8I:<CF M@EL<Q8 8E;I8;<# p hl\ j\ gifZ\[X X cX ]XZZ`Â?e \ `em\ekXi`f [\ cfj Y`\e\j [\aX[fj gfi \c ZXljXek\# Zfe cX `ek\im\eZ`Â?e [\ g\i`kfj% KI8D@K<1 <JG<:@8C @em\ekXi`f % :L8EK@81 @E;<K<ID@E8;8% =<:?8 ;< @E@:@8:@äE1 ( [\ ale`f [\ )'('% ;<=<EJFI1 ;i% :8ICFJ IFD<IF% AL@:@F ;< @EM<EK8I@FJ Ef% .*/$ )'('$8%G%E% GIFM@;<E:@8 ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# dXik\j (+ [\ j\gk`\dYi\ [\c )'('# cXj ('_)*%$ M@JKFJ%$ 8c _XY\id\ Zfii\jgfe[`$ [f \e Jfik\f# XmfZf ZfefZ`d`\ekf \e cX gi\j\ek\ ZXljX%$ <c \jZi`kf hl\ Xek\Z\[\# X^iÂ&#x201E;^l\j\ Xc gif$ Z\jf%$ CX [\dXe[X hl\ Xek\Z\[\ \j Zfdgc\kX# ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj [\d}j i\hl`j`kfj [\ C\p# gfi cf hl\ [\ZcXi}e[fj\cX gifZ\[\e$ k\ j\ cX X[d`k\ X kiXd`k\ \jg\Z`Xc Zfek\dgcX[f gfi \c 8ik% -)0 [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c% ;\ cX [fZld\ekXZ`Â?e XZfdgXÂ&#x152;X[X j\ [\jgi\e[\ \c ]Xcc\Z`d`\ekf [\ ?L>F D8I:<CF M@EL<Q8 8E;I8;<% <e Zfej\Zl\eZ`X j\ [\ZcXiX gifZ\[\ek\ cX Xg\ikliX [\ cX JlZ\j`Â?e `ek\jkX$ [X [\c d\eZ`feX[f ZXljXek\ p j\ [`jgfe\ gifZ\[\i X cX ]XZZ`Â?e [\ `em\ekXi`fj p XmXcÂ&#x2019;f [\ cfj Y`\e\j [\c \ok`ekf Zfe cX `ek\im\eZ`Â?e [\ G\i`kf f G\i`kfj hl\ \e [\]`e`k`mX i\jlckXi\e efdYiX[fj% :fe \c Zfek\$ e`[f [\ cX [\dXe[X ZÂ&#x2C6;k\j\ X AFI>< N8J?@E>KFE M@EL<Q8 8E;I8;< P D8I@8 M@EL<Q8 :?8DFIIF2 p X cfj _\i\[\ifj# ZfefZ`[fj# [\jZfefZ`$ [fj p gi\jlekfj [\c ZXljXek\ ?L>F D8I:<CF M@EL<Q8 8E;I8;<# \e cfj [fd`Z`c`fj `e[`ZX[fj# p \e d\i`kf Xc aliXd\ekf i\e[`[f gfi cX XZkfiX p cf [`jgl\jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c ZÂ&#x2C6;k\j\c\j gfi cX gi\ejX \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e p hl\ j\ \[`$ kXe \e \jkX Z`l[X[ [\ Hl`kf# glYc`$ ZXZ`Â?e hl\ j\im`i} Zfdf Xm`jf [\ Xg\ikliX [\ cX jlZ\j`Â?e `ek\jkX[X% :lÂ&#x201E;ek\j\ Zfe \c j\Â&#x152;fi GifZliX[fi [\ JlZ\j`fe\j [\ G`Z_`eZ_X hl`\e j\i} Z`kX[f \e jl [\jgXZ_f% 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cX [fZld\ekXZ`Â?e XZfdgX$ Â&#x152;X[X% KÂ?d\j\ efkX [\ cX :lXekÂ&#x2C6;X p [\c :Xj`cc\if al[`Z`Xc j\Â&#x152;XcX[f gfi cX XZkfiX \e cX ZXc`[X[ `emfZX[X gXiX jlj efk`]`ZXZ`fe\j gfjk\i`fi\j% :Â&#x2C6;k\j\ p Efk`]Â&#x2C6;hl\j\%$ ;I% AFJ< D8IK@E<Q E8I8EAF% AL<Q% = ;i% AfjÂ&#x201E; DXikÂ&#x2C6;e\q EXiXeaf% AL<Q% CF HL< CC<MF 8 JL :FEF:@D@<EKF P C< :@KF GI<M@E@<E;FC< ;< C8 F9C@>8:@äE ;< J<z8C8I :8J@CC<IF AL;@:@8C G8I8 GFJK<I@FI<J EFK@=@:8:@FE<J% ;I% <;>8I ?8IF M8C<EQL<C8 J<:I<K8I@F < ;<C ALQ>8;F ;<:@DF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/(('0&k] ALQ>8;F J<>LE;F ;< CF :@M@C ;< JL:LD9@FJ <OKI8:KF AL;@:@8C :@K8:@FE AL;@:@8C 81 D8I@8 <K<CM@E8 >FEQ8C<Q# P 8 CFJ ;<D8J ?<I<;<IFJ :FEF:@;FJ# GI<JLEKFJ F ;<J:FEF:@;FJ ;< HL@<E <E M@;8 =L< J8LC FM<I J8E:?<Q 8GFCF% 8:KFI1 E8E:P G8KI@:@8 ALD9F JFC8EF ;<D8E;8;8J1 D8I@8 <K<CM@E8 >FEQ8C<J P ?<I<;<IFJ GI<JLEKFJ P ;<J:FEF:@;FJ ;< J8LC J8E:?<Q 8GFCF :8LJ81 8G<IKLI8 ;< JLJ<:@FE P =8::@FE ;< @EM<EK8I@FJ% KI8D@K<1 <JG<:@8C :L8EK@81 @E;<K<ID@E8;8 AL<Q1 8Y% <IE<JKF J<II8EF 9FE@CC8%% GIF:<JF1 Eif% )() $ )'(( 8LKF ;< :8C@=@:8:@FE1 ALQ>8;F J<>LE;F ;< CF :@M@C%$ J_lj_l]`e[`# X ), [\ DXpf [\c )'((% CXj '/?1+' M@JKFJ1 CX [\dXe[X [\ 8G<IKLI8 ;< JLJ<:@FE =8::@FE ;< @EM<EK8I@F# Eif%)() [\c )'((# gi\j\ekX[X gfi E8E:P ALD9F JFC8EF# j\ cX ZXc`]`ZX [\ ZcXiX p Zfdgc\kX# gfi cf hl\ [\ cX X[d`k\ X ki}d`k\ \e cX mÂ&#x2C6;X [\ Al`Z`f <jg\Z`Xc% 8 cX [\dXe[X[X D8I@8

Ĺ? Ĺ?

Ĺ?


Ĺ? Ĺ?

Ĺ?

Ä&#x2021;

Ĺ? Ä&#x160;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä

Ĺ? +. Ĺ? Ä&#x152;Ĺ?

<K<CM@E8 >FEQ8C<Q# gfi jlj gif$ g`fj [\i\Z_fj p gfi cfj [\i\Z_fj hl\ i\gi\j\ekX X jl e`\kX AF?8E8 @J8D8I J8E:?<Q A@D<E<Q# j\ cX Z`kXi} \e \c cl^Xi j\Â&#x152;XcX[f \e cX [\dXe[X p X cfj _\i\[\ifj gi\jle$ kfj p [\jZfefZ`[fj j\ cfj Z`kXiX gfi cX gi\ejX \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e eXZ`feXc [\ cX Z`l[X[ [\ Hl`kf f >lXpXhl`c p \e ef [\ cfj J\dXeXi`fj [\ cX Z`l[X[ [\ El\mX CfaX# gfi ki\j m\Z\j p \e ki\j [Â&#x2C6;Xj [`jk`ekfj# Zfe$ ]fid\ cf \jkXYc\Z\ \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c% J\ [\j`^eX G\i`kf <mXclX[fi X cX j\Â&#x152;fi`kX P\i`eX DXeqXYX FccX^l\# hl`\e [\Y\i} gfj\j`feXij\ [\c ZXi^f [\ekif [\c kÂ&#x201E;id`ef [\ Z`eZf [Â&#x2C6;Xj# X gXik`i [\ cX efk`]`ZXZ`Â?e% :lÂ&#x201E;ek\j\ Zfe \c j\Â&#x152;fi ;\c\^X[f ;`jki`kXc [\c J%I%@% [\ JlZldYÂ&#x2C6;fj# gXiX \]\Zkfj [\c GX^f [\c @dgl\jkf X cX ?\i\eZ`X% KÂ&#x201E;e^Xj\ \e Zl\ekX cX ZXj`ccX al[`Z`Xc Eif% *+ j\Â&#x152;XcX[X gXiX i\Z`Y`i jlj efk`]`ZXZ`fe\j p cX Xlkfi`qXZ`Â?e Zfe$ ]\i`[X X jl [\]\ejfi% ;iX% >C8;@J :8JKIF 8A@C8% 8^iÂ&#x201E;^l\j\ Xc gif$ Z\jf cfj [fZld\ekfj X[alekfj% 8 cX [\dXe[X[ j\ c\ gi\m`\e\ [\ cX fYc`^XZ`Â?e [\ j\Â&#x152;XcXi ZXj`ccX al[`Z`Xc [\ekif [\ \jkX al[`ZXkliX gXiX hl\ i\Z`YX jlj efk`]`ZXZ`fe\j [\ Zfe]fi$ d`[X[ X cXj [`jgfj`Z`fe\j c\^Xc\j% EFK@=@HL<J<% ;i% Afi^\ >lqd}e MXcc\af% J<:I<K8I@F ?Xp ]`idX p j\ccf 8:/'*'+&k] I [\c <% < O K I 8 : K F ALQ>8;F F:K8MF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE 8 8E;I<J J<98JK@8E 9<E@K<Q KI@M@zF# >89I@<C8 8C<A8E;I8 9<E@K<Q KI@M@zF2 P# 8 CFJ ?<I<;<IFJ GI<JLEKFJ P ;<J:FEF:@;FJ ;< C<E@E =<;<I@:F 9<E@K<Q KI@M@zF% 8:KFI<J1 8Â&#x2C6;[X ClZÂ&#x2C6;X CÂ?g\q Ki`m`Â&#x152;f# DXiÂ&#x2C6;X [\ A\jÂ&#x2019;j [\c :Xid\e D\aÂ&#x2C6;X Ki`m`Â&#x152;f# K\i\jX [\ A\jÂ&#x2019;j D\aÂ&#x2C6;X Ki`m`Â&#x152;f p ;i% :Xicfj 9fcÂ&#x2C6;mXi D\aÂ&#x2C6;X Ki`m`Â&#x152;f# gfi jlj gifg`fj [\i\Z_fj p \e ZXc`[X[ [\ GifZliX[fi Al[`Z`Xc [\ 8qlZ\eX D\aÂ&#x2C6;X Ki`m`Â&#x152;f% ;<D8E;8;FJ1 C\fefi [\c :fejl\cf D\aÂ&#x2C6;X Ki`m`Â&#x152;f# 8e[iÂ&#x201E;j J\YXjk`}e 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f# >XYi`\cX 8c\aXe[iX 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f2 p# ?\i\[\ifj gi\$ jlekfj p [\jZfefZ`[fj [\ C\e`e =\[\i`Zf 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f% AL@:@F1 :fcljfi`f Eif% -.+$)''0$ n%q% KI8D@K<1 <jg\Z`Xc AL<Q1 ;i% 8idXe[f 8Z\c[f >lXcc` Jlgc\ek\ J<:I<K8I@F1 ;i% =iXeZ`jZf Aljk`Z`X JXc^X[f :L8EK@81 @e[\k\id`eX[X 8LKF1 ALQ>8;F F:K8MF ;< CF :@M@C ;< G@:?@E:?8% HL@KF# )( [\ ;`Z`\dYi\ [\c )''0# cXj (,_,(% M`jkfj1 Gfi ZlXekf j\ _X [X[f Zld$ gc`d`\ekf X cf fi[\eX[f \e gifm`[\e$ Z`X Xek\i`fi# j\ ZXc`]`ZX cX [\dXe[X Zfdf ZcXiX# gi\Z`jX p hl\ i\Â&#x2019;e\ cfj i\hl`j`kfj [\ c\p2 \e Zfej\Zl\eZ`X# kiXdÂ&#x2C6;k\j\ cX d`jdX \e cX mÂ&#x2C6;X c\^Xc Zfii\jgfe[`\ek\# Zfe]fid\ cf gi\$ m`jkf \e cfj 8ikj% * p j`^l`\ek\j [\ cX C\p gXiX \c Alq^Xd`\ekf [\ cX :fclj`Â?e%$ :fe \c Zfek\e`[f [\c c`Y\$ cf [\ [\dXe[X p \c gi\j\ek\ Xlkf# ZÂ&#x2C6;k\j\ X cfj [\dXe[X[fj C\fefi [\c :fejl\cf D\aÂ&#x2C6;X Ki`m`Â&#x152;f# 8e[iÂ&#x201E;j J\YXjk`}e 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f p >XYi`\cX 8c\aXe[iX 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f# \e \c cl^Xi hl\ j\ `e[`ZX%$ 8 cfj ?\i\[\ifj gi\jlekfj p [\jZfefZ`[fj [\ C\e`e =\[\i`Zf 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f# ZÂ&#x2C6;k\j\ gfi d\[`f [\ cX gi\ejX# \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e hl\ j\ \[`kXe \e \jkX Z`l[X[ [\ Hl`kf# gfi ZlXekf YXaf aliXd\ekf j\ dXe`]`\jkX `dgfj`Yc\ [\k\id`eXi jl `e[`m`[lXc`[X[ f i\j`[\eZ`X%$ LeX m\q Z`kX[fj# cfj [\dXe[X[fj gi\j\ekXi}e jl Zfek\jkXZ`Â?e \e \c kÂ&#x201E;id`ef [\ j\`j [Â&#x2C6;Xj%$ ;\ Zfe]fid`$ [X[ Zfe cf [`jgl\jkf \e \c 8ik%(''' [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# `ejZiÂ&#x2C6;YXj\ cX [\dXe[X \e \c I\^`jkif [\ cX Gifg`\[X[ [\c :XekÂ?e Hl`kf%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cX [fZld\e$ kXZ`Â?e hl\ j\ XZfdgXÂ&#x152;X%$ KÂ&#x201E;e^Xj\ \e Zl\ekX Xc ;i% :Xicfj 9fcÂ&#x2C6;mXi D\aÂ&#x2C6;X Ki`m`Â&#x152;f# Zfdf GifZliX[fi :fdÂ&#x2019;e [\ cX gXik\ XZkfiX%$ KÂ?d\j\ \e Zl\ekX \c ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX[f gfi cX gXik\ XZkfiX p cX ]XZlckX[ ZfeZ\[`[X Xc XYf^X[f [\]\ejfi%$ Efk`]Â&#x2C6;hl\j\% ] % ;i% 8idXe[f 8Z\c[f >lXcc`% Al\q Jlgc\ek\% GIFM@;<E:@81 ALQ>8;F F:K8MF ;< CF :@M@C ;< G@:?@E:?8% Hl`kf# m`\ie\j )) [\ alc`f [\c )'((# cXj ('_,,% Gfi ZlXekf j\ _X [X[f Zld$ gc`d`\ekf X cf fi[\eX[f \e gifm`[\e$ Z`X Xek\i`fi# ZÂ&#x2C6;k\j\ X cfj [\dXe[X[fj 8e[iÂ&#x201E;j J\YXjk`}e 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f p >XYi`\cX 8c\aXe[iX 9\eÂ&#x2C6;k\q Ki`m`Â&#x152;f# gfi d\[`f [\ cX gi\ejX p \e lef [\ cfj [`Xi`fj [\ dXpfi Z`iZlcXZ`Â?e hl\ j\ \[`kXe \e \jkX Z`l[X[ [\ Hl`kf# gfi ZlXekf YXaf aliXd\ekf j\ dXe`]`\jkX `dgfj`Yc\ [\k\id`eXi jl `e[`m`[lX$ c`[X[ f i\j`[\eZ`X%$ Efk`]Â&#x2C6;hl\j\% ] %

;i% 8idXe[f 8Z\c[f >lXcc`% Al\q Jlgc\ek\% Cf hl\ Zfdle`Zf X L[j%# gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\j [\ cX fYc`^XZ`Â?e hl\ k`\e\e [\ j\Â&#x152;X$ cXi ZXj`cc\if al[`Z`Xc gXiX gfjk\i`fi\j efk`]`ZXZ`fe\j% ;i% =iXeZ`jZf Aljk`Z`X JXc^X[f J<:I<K8I@F ?Xp ]`idX p j\ccf 8:&/('0+ &k] I% ;<C <% ALQ>8;F GI@D<IF ;<C KI898AF 8;ALEKF ;< G@:?@E:?8 FI8C <OKI8:KF Al`Z`f [\ KiXYXaf FiXc Ef .0*$ )'('$MD 8Zkfi1 :FEJL<CF ;<C :8ID<E DFC@E8 9<E8M@;<J ;\dXe[X[f1 >L@CC<IDF IF9<IKF J8E:?<Q E8I8EAF p >CFI@8 N?@K<?<8; :L8EK@81 LJ; +,%''' @e`Z`f1 )/ [\ ;`Z`\dYi\ [\c )'(' ;\]\ejfi1 ;i% AlXe >XcXiqX :8J@CC<IF1 +*0- Al\q1 89>% <C@Q89<K? :Ă?I;<E8J :FIFE8;F J\Zi\kXi`f1 89>% >I8:@<C8 9<K8E:FLIK GIFM@;<E:@81 ALQ>8;F GI@D<IF ;< KI898AF ;< G@:?@E:?8%$ M@JKFJ%$ Hl`kf# d`Â&#x201E;iZfc\j ', [\ \e\if [\c )'((# cXj ((_(+%$ M@JKFJ1 IX[`ZX[X cX Zfdg\$ k\eZ`X \e \jk\ Alq^X[f \e m`ikl[ [\c jfik\f c\^Xc# 8Y% <c`qXY\k_ :}i[\eXj :fifeX[f# XmfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e d` ZXc`[X[ [\ Al\qX 8[alekX [\c Alq^X[f Gi`d\if [\c KiXYXaf# \e m`ikl[ [\c :fekiXkf [\ J\im`Z`fj eÂ&#x2019;d\if (.$8;A$(.(&)'('# [\ ]\Z_X (. [\ X^fjkf [\c )'(' p [\ cX I\jfclZ`Â?e eÂ&#x2019;d\if ',*$)'('# [\c :fej\af [\ cX Al[`ZXkliX# glYc`$ ZX[X \e \c I%F% Ef% )-+ [\c ), [\c X^fjkf [\c )'('%$ <e cf gi`eZ`gXc# [Xe[f Zldgc`d`\ekf X cf fi[\eX$ [f \e \c 8ik% ,., [\c :Â?[`^f [\c KiXYXaf# cX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj [\d}j i\hl`j`kfj [\ C\p# gfi cf hl\ j\ c\ XZ\gkX X ki}d`k\ fiXc%$ :Â&#x2C6;k\j\ X cfj [\dXe[X[fj j\Â&#x152;fi\j >CFI@8 D8I@8 N?@K<?<8; p >L@CC<IDF IF9<IKF J8E:?<Q E8I8EAF# \e cX ZXc`[X[ [\k\id`eX[X \e cX [\dXe$ [X \e \c [fd`Z`c`f j\Â&#x152;XcX[f gXiX \c \]\Zkf# \eki\^}e[fc\ Zfg`X [\ cX [\dXe[X p \jkX gifm`[\eZ`X# gi\m`$ e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc [\ekif [\c g\iÂ&#x2C6;d\kif c\^Xc [\ \jkX Z`l[X[ [\ Hl`kf% I\dÂ&#x2C6;kXj\ \c gifZ\jf X cX JXcX [\ :`kXZ`fe\j X ]`e [\ hl\ ZldgcX Zfe cX [`c`^\eZ`X [\ Z`kXZ`Â?e al[`Z`Xc \e \c kÂ&#x201E;id`ef [\ Z`eZf [Â&#x2C6;Xj gi\m`j$ kfj \e \c 8ik% ,.- [\c :Â?[`^f [\c KiXYXaf%$ ?\Z_f hl\ ]l\i\ ZfemfZX$ j\ X cX 8L;@<E:@8 GI<C@D@E8I ;< :FE:@C@8:@äE# :FEK<JK8:@äE 8 C8 ;<D8E;8 P =FIDLC8:@äE ;< GIL<98J# cX d`jdX hl\ [\Y\e gi\j\ekXi gfi \jZi`kf# \c [Â&#x2C6;X )- ;< D8PF ;<C )'((# X cXj (,_''# [`c`$ ^\eZ`X X cX hl\ ZfdgXi\Z\i}e cXj gXik\j f jlj XYf^X[fj [\]\ejfi\j [\Y`[Xd\ek\ XZi\[`kX[fj Zfe gf[\i hl\ Zfek\e^X Zc}ljlcX gXiX kiXej`^`i# Zfe]fid\ cf [`jgfe\ \c eld\iXc (( [\c 8ik% (*' [\c :Â?[`^f Fi^}e`Zf [\ cX =leZ`Â?e Al[`Z`Xc%$KÂ&#x201E;e^Xj\ \e Zl\ekX cX ZlXekÂ&#x2C6;X ]`aX[X%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if al[`Z`Xc eÂ&#x2019;d\if +*0- gXiX ]lkliXj efk`]`ZXZ`fe\j [\ cX gXik\ XZkfiX j\Â&#x152;fiX :FEJL<CF ;<C :8ID<E DFC@E8 9<E8M@;<J2 p# cX [\j`^eXZ`Â?e fkfi^X[X Xc ;i% AlXe :Xicfj >XcXiqX 8%$ :Ă K<J< P EFK@=Ă HL<J<%$ ALQ>8;F GI@D<IF ;< KI898AF ;< G@:?@E:?8%$ Hl`kf# dXik\j (+ [\ ale`f [\c )'((# cXj ('_''%$ LeX M\q hl\ cX XZkfiX X i\ZfefZ`[f jl ]`idX p ilYi`ZX [\ jl \jZi`kf [\ ]\Z_X '+ [\ dXpf [\c )'(( p \e dÂ&#x201E;i`kf [\c \jZi`kf Xek\j i\]\i`[f# j\ [`jgfe\1 ;\ Zfe$ ]fid`[X[ Zfe \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c j\ Z`k\ X cfj [\dXe[X[fj j\Â&#x152;fi\j >L@CC<IFDF IF9<IKF J8E:?<Q E8I8EAF p >CFI@8 N?@K<?<8;# \e cX ZXc`$ [X[ [\k\id`eX[X \e cX [\dXe[X# d\[`Xek\ ki\j glYc`ZXZ`fe\j gfi cX gi\ejX \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[2 \e cf [\d}j# cXj gXik\j \jkXi}e X cf [`jgl\jkf \e Xlkf `e`Z`Xc [\ ]\Z_X ', [\ \e\if [\c )'((# cXj ((?(+# p \jkX gifm`[\eZ`X%$ Efk`]Â&#x2C6;hl\j\% %$ ] 8Y^% <c`qXY\k_ :}i[\eXj :fifeX[f# Al\qX Gi`d\if [\c KiXYXaf2 ] 8Y^% >iXZ`\cX 9\kXeZflik# J\Zi\kXi`X hl\ :\ik`]`ZX%$ Cf hl\ Zfdle`Zf X ljk\[ gXiX cfj ]`e\j c\^Xc\j# X[m`ik`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ \e j\Â&#x152;XcXi [fd`Z`c`f al[`Z`Xc [\ekif [\ \jkX ZXljX# gXiX i\Z`Y`i ]lkliXj efk`]`ZX$ Z`fe\j \e \jk\ gifZ\jf%$ :\ik`]`Zf%$ 89>% >I8:@<C8 9<K8E:FLIK F% C8 J<:I<K8I@8 8 ?Xp le j\ccf 8%:%&/('., ALQ>8;F :L8IKF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@äE AL;@:@8C 81 PFC8E;8

Ĺ?

;<C IF:@F :8Q8 8K@2 CL@J <EI@HL< :8I;<E8J D<E82 =8EEP D<E8 8>8D8 p AFJ< <C@8J :8I;<E8J :8@Q8# J\ c\j _XZ\ ZfefZ\i \c <OKI8:KF# [\ cX [\dXe$ [X <A<:LK@M8 p GIFM@;<E:@8# hl\ X Zfek`elXZ`Â?e j`^l\e1 <OKI8:KF1 8:KFI1 :FFG<I8K@M8 ;< 8?FIIF P :I<;@KF )* ;< ALC@F%$ ;<D8E;8;FJ1 PFC8E;8 ;<C IF:@F :8Q8 8K@2 CL@J <EI@HL< :8I;<E8J D<E82 =8EEP D<E8 8>8D8 p AFJ< <C@8J :8I;<E8J :8@Q8%$ 8JLEKF1 Hl\ gi\m`f \c ki}d`k\ g\ik`e\ek\# \e j\ek\eZ`X j\ Zfe[\$ e\ Xc [\dXe[X[f Xc gX^f [\c ZXg`kXc ZfejkXek\ \e \c GX^XiÂ&#x201E; X cX Fi[\e # `ek\i\j\j [\ dfiX# `dgl\jkfj# Zfj$ kXj gifZÂ&#x201E;jXc\j # ^Xjkfj al[`Z`Xc\j p _fefiXi`fj [\c 8Yf^X[f ;\]\ejfi%$ KI8D@K<1 <a\Zlk`mf%$ :L8EK@8%$ LJ; ,%'''%''$ =<:?8 ;< @E@:@8:@äE1 )* [\ dXiqf [\c )''.%$ ;<=<EJFI1 ;i% AfjÂ&#x201E; K\ccf%$ Ef% [\ ZXj`cc\if *+,(% AL@:@F <A<:LK@MF Ef% *'*$)''. G:?% GIFM@;<E:@81 ALQ>8;F :L8IKF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# ') [\ 8Yi`c [\c )''.# cXj ('_*-%$ M@JKFJ1 CX Zfd$ g\k\eZ`X [\ \jkX ZXljX# j\ _X iX[`$ ZX[f \e \jkX Al[`ZXkliX d\[`Xek\ \c jfik\f i\jg\Zk`mf# gfi cf kXekf# XmfZf ZfefZ`d`\ekf [\ cX d`jdX% <e cf gi`eZ`gXc# cX [\dXe[X gi\j\ekX[X \j ZcXiX# gi\Z`jX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# \e Zfej\Zl\eZ`X# cfj [\dXe$ [X[fj# j\Â&#x152;fi\j1 :8Q8 8K@ PFC8E;8 ;<C IF:@F# :8I;<E8J D<E8 CL@J <EI@HL<# =8EEP D<E8 8>8D8 P AFJ< <C@8J :8I;<E8J :8@Q8# [\ekif [\c kÂ&#x201E;id`ef [\ ki\j [Â&#x2C6;Xj gX^l\e X cX XZkfiX cX ZXek`[X[ Zfej$ kXek\ \e \c GX^XiÂ&#x201E; X cX fi[\e X[alekf# d}j cfj `ek\i\j\j i\jg\Zk`mfj f [\e$ kif [\c d`jdf kÂ&#x201E;id`ef gifgfe^Xe \oZ\gZ`fe\j YXaf gi\m\eZ`fe\j [\ C\p% 8k\ekX cX `e]fidXZ`Â?e JldXi`X XZfdgXÂ&#x152;X[X p [\ Zfe]fid`[X[ X cf hl\ [`jgfe\ \c 8ik% +)) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# j\ fi[\eX \c j\Zl\jkif [\ cfj Y`\e\j dl\Yc\j [\ gifg`\[X[ [\ cfj [\dXe[X[fj :8Q8 8K@ PFC8E;8 ;<C IF:@F# :8I;<E8J D<E8 CL@J <EI@HL< # hl\ j\ [`Z\ cfj k`\e\e \e cX :Xcc\ AXm`\i CfpfcX Ef% )+( j\Zkfi DfeaXj 8ckf [\ cX GXiifhl`X :_`dYXZXcc\# [\ \jkX Z`l[X[ [\ Hl`kf% GXiX cX gi}Zk`$ ZX [\ \jkX [`c`^\eZ`X# ZlÂ&#x201E;ek\j\ Zfe \c j\Â&#x152;fi 8c^lXZ`c DXpfi [\c :XekÂ?e p ;\gfj`kXi`f Al[`Z`Xc i\jg\Zk`mf# hl`\e\j cc\mXi}e X ZXYf cX [`c`^\eZ`X# \e le dfekf `^lXc Xc [\dXe[X[f# d}j le (' [\c d`jdf% :Â&#x2C6;k\j\ X cfj [\dXe[X[fj \e \c cl^Xi `e[`ZX[f gXiX \c \]\Zkf% 8^iÂ&#x201E;^l\j\ Xc gifZ\$ jf cX [fZld\ekXZ`Â?e XZfdgXÂ&#x152;X[X% KÂ&#x201E;e^Xj\ \e Zl\ekX \c [fd`Z`c`f al[`$

Z`Xc j\Â&#x152;XcX[f p cX ZXc`[X[ \e cX hl\ ZfdgXi\Z\ \c XZkfi%$ Gfi Xlj\eZ`X [\c j\Â&#x152;fi J\Zi\kXi`f XZkÂ&#x2019;\ \c F]`Z`Xc DXpfi%$ Efk`]Â&#x2C6;hl\j\% ;I% G8KI@:@F M8:8 HL@A8EF% AL<Q% ALQ>8;F :L8IKF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# m`\ie\j - [\ X^fjkf [\c )'('# cXj (+_++%$ M@JKFJ%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cfj \jZi`kfj gi\j\ekX[fj% KÂ&#x201E;e^Xj\ \e Zl\ekX \c el\mf ZXj`cc\if al[`Z`Xc j\Â&#x152;XcX[f gfi \c XZkfi p ZfdleÂ&#x2C6;hl\$ j\ X jlj Xek\i`fi\j gXkifZ`eX[fi\j

hl\ _Xe j`[f jljk`kl`[fj \e jlj [\]\ejXj% CX i\]fidX X cX [\dXe$ [X gcXek\X[X \j ZcXiX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# gfi cf kXekf j\ cX XZ\gkX X kiXd`k\ Zfe]fid\ cf \jkXYc\Z`[f \e \c 8ik% .' [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c% <e Zfej\$ Zl\eZ`X# \c [\dXe[X[f j\Â&#x152;fi FD8I M@E@:@F D8C;FE8;F :8D@EF# [\ Zldgc`d`\ekf X cf [`jgl\jkf \e \c Xlkf [\ ZXc`]`ZXZ`Â?e% :Â&#x2C6;k\j\ X cfj [\dXe[X[fj Zfe cX d`jdX gXiX cfj ]`e\j [\ c\p \e cfj cl^Xi\j j\Â&#x152;XcX$

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

EXTRACTO DE LA ESCRITURA PĂ&#x161;BLICA DE AUMENTO DE CAPITAL Y REFORMA DE ESTATUTOS DE SUPERMERCADO DE COMPUTADORAS COMPUBUSSINES CIA. LTDA. Se comunica al pĂşblico que SUPERMERCADO DE COMPUTADORAS COMPUBUSSINES CIA. LTDA., con domicilio principal en la ciudad de Quito, aumentĂł su capital en US$ 50.000,00; y reformĂł sus estatutos por escritura pĂşblica otorgada ante el Notario CuadragĂŠsimo del Distrito Metropolitano de Quito el 05 de julio del 2011. Actos societarios aprobados por la Superintendencia de Compaùías, mediante ResoluciĂłn No. SC.IJ.DJCPTE.Q.11.003485 de 5 de agosto de 2011. En virtud de la escritura pĂşblica mencionada, la compaùía reforma el artĂ­culo quinto del Estatuto Social, referente al capital social, de la siguiente manera: "ARTĂ?CULO QUINTO.- DEL CAPITAL.- El capital social de la compaùía es de CINCUENTA MIL SEISCIENTOS DĂ&#x201C;LARES DE LOS ESTADOS UNIDOS DE AMĂ&#x2030;RICA divididos en cincuenta mil seiscientas participaciones iguales, acumulativas e indivisibles, de un valor nominal de UN DĂ&#x201C;LAR DE LOS ESTADOS UNIDOS DE AMĂ&#x2030;RICA (USD $1.00) cada una.".

[fj gXiX \c \]\Zkf%$ Efk`]Â&#x2C6;hl\j\% ;I% <;N@E 8I>FK@ I<P<J% AL<Q% ALQ>8;F :L8IKF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# m`\ie\j )' [\ dXpf [\c )'((# cXj ((_,)%$ <e dÂ&#x201E;i`kf Xc aliXd\ekf i\e[`[f p [\ XZl\i[f X cf \jkXYc\Z`[f \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c ZÂ&#x2C6;k\j\ X cfj [\dXe[X[fj j\Â&#x152;fi\j PFC8E;8 ;<C IF:@F :8Q8 8K@2 CL@J <EI@HL< :8I;<E8J D<E82 =8EEP D<E8 8>8D8 p AFJ< <C@8J :8I;<E8J :8@Q8 gfi cX gi\ejX

d\[`Xek\ ki\j glYc`ZXZ`fe\j \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcX$ Z`Â?e [\ cX Z`l[X[ [\ Hl`kf# gXiX cfj ]`e\j c\^Xc\j g\ik`e\ek\j% <ekiÂ&#x201E;^l\j\ \c \okiXZkf i\jg\Zk`mf% Efk`]Â&#x2C6;hl\j\% ;I% N@CD<I 8D9IFJJ@ IF9C<J% AL<Q <E:8I>8;F% Cf hl\ gfe^f \e jl ZfefZ`d`\ekf gXiX cfj ]`e\j [\ C\p# X[m`ik`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`ccX al[`Z`Xc [\c GXcXZ`f [\ Aljk`Z`X [\ \jkX Z`l[X[ [\ Hl`kf# gXiX i\Z`Y`i ]lkliXj efk`]`ZXZ`fe\j%

C:;F% CL@J 98I8?FE8 DFI<EF% J<:I<K8I@F < ?Xp ]`idX p j\ccf 8:&/(((-&k] I ;<C < <OKI8:KF AL;@:@8C ALQ>8;F M@><J@DF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 8 J@CM@8 >I<K8 8I8LAF <J:F98I 8:KFI2 CL@J FJN8C;F J@D98z8

CONVOCATORIA A JUNTA GENERAL EXTRAORDINARIA DE LA COMPAĂ&#x2018;Ă?A CONOCORENTACAR S.A. Se convoca a Junta General Extraordinaria de la Compaùía Conocorentacar S.A celebrarse el dĂ­a martes 22 de Agosto del 2011 a las 16H00, en las Oficinas de la Compaùía Ubicadas en la parroquia de Conocoto calle Juan Montalvo OE2-175 y AbdĂłn CalderĂłn, con el objeto de tratar como Ăşnico punto del orden del dĂ­a: 1.- DisoluciĂłn anticipada de la Compaùía fundamentada en el Art. 361 de la Ley de Compaùías. Se convoca de manera especial y expresa a la SeĂąora Rosario Isabel GĂłmez TopĂłn, Comisaria Principal, de la Compaùía. Atentamente, Sra. VerĂłnica Bahamonde GERENTE GENERAL

Distrito Metropolitano de Quito, Dr. Camilo Valdivieso Cueva INTENDENTE DE COMPAĂ&#x2018;Ă?AS DE QUITO AR/84025/jq

AR/84021/jq

REPUBLICA DEL ECUADOR SUPERINTENDENCIA DE COMPAĂ&#x2018;IAS

CONVOCATORIA

EXTRACTO

A JUNTA GENERAL EXTRAORDINARIA DE ACCIONISTAS DE LA COMPAĂ&#x2018;Ă?A DE TRANSPORTE EJECUTIVO RAPITRANS S.A.

DE LA ESCRITURA PĂ&#x161;BLICA DE DISOLUCIĂ&#x201C;N VOLUNTARIA Y ANTICIPADA DE INTERMEDIARIA DE ALGODONES INTERALGO S.A. ANTECEDENTES.- INTERMEDIARIA DE ALGODONES INTERALGO S.A., se constituyĂł mediante escritura pĂşblica otorgada ante el Notario Segundo del Distrito Metropolitano de Quito, el 28 de junio de 1994 e inscrita en el Registro Mercantil del mismo Distrito, bajo el No. 1839, Tomo 125 el 5 de agosto de 1994. 1. CELEBRACIĂ&#x201C;N Y APROBACIĂ&#x201C;N.- La escritura pĂşblica de disoluciĂłn voluntaria y anticipada de la compaùía INTERMEDIARIA DE ALGODONES INTERALGO S.A., otorgada el 26 de enero de 2011, ante el Notario Tercero Suplente del Distrito Metropolitano de Quito, ha sido aprobada por la Superintendencia de Compaùías, mediante ResoluciĂłn No. SC.IJ.DJDL.Q.11. 3338 de 28 JUL. 2011. 2. OTORGANTE.- Comparece al otorgamiento de la escritura pĂşblica antes mencionada el seĂąor Carlos Esteban Mancheno Alzamora, en su calidad de Gerente General. El compareciente es de nacionalidad ecuatoriana, de estado civil casado y domiciliado en el Distrito Metropolitano de Quito. 3. PUBLICACIĂ&#x201C;N.- La Superintendencia de Compaùías ordenĂł la publicaciĂłn del extracto de la escritura pĂşblica pertinente, por tres dĂ­as consecutivos, para efectos de oposiciĂłn de terceros seĂąalada en el Art. 33 de la Ley de Compaùías y Reglamento de OposiciĂłn, como acto previo a su inscripciĂłn. AVISO PARA OPOSICIĂ&#x201C;N.- Se pone en conocimiento del pĂşblico la disoluciĂłn voluntaria y anticipada de la compaùía INTERMEDIARIA DE ALGODONES INTERALGO S.A., a fin de que quienes se creyeren con derecho a oponerse a su inscripciĂłn puedan presentar su peticiĂłn ante uno de los Jueces de lo Civil del domicilio principal de la compaùía, dentro de los seis dĂ­as contados desde la fecha de la Ăşltima publicaciĂłn de este extracto y, ademĂĄs, pongan el particular en conocimiento de la Superintendencia de Compaùías. El Juez que reciba la oposiciĂłn notificarĂĄ a esta Superintendencia, dentro del tĂŠrmino de dos dĂ­as siguientes, juntamente con el escrito de oposiciĂłn y providencia recaĂ­da sobre ella. En caso de no existir oposiciĂłn o de no ser notificada en la forma antes indicada, se procederĂĄ a la inscripciĂłn de la referida escritura pĂşblica de la citada compaùía y al cumplimiento de los demĂĄs requisitos legales. Distrito Metropolitano de Quito, a 28 JUL. 2011.

De conformidad con la Ley General de Compaùías y el Estatuto Social de RAPITRANS S.A., convócase a los seùores Accionistas, a Junta General Extraordinaria, que se llevarå a efecto, el día Viernes 02 de Septiembre del presente aùo, a las 14:00 (02:00 pm), en el domicilio de la Compaùía, situado en la Urb. Cipreses 2da etapa, calle John F. Kennedy N72-08 y BartolomÊ Murillo, para tratar el siguiente orden del día: 1. 2. 3.

ElecciĂłn de Presidente. ElecciĂłn de 5 Directores Principales y 3 Suplentes (Miembros del Directorio) ElecciĂłn de Gerente de Operaciones de la RUTA 154.

El Comisario queda especial y seĂąaladamente convocado. Quito, 08 de agosto del 2011. Lcdo. Jorge Aguilar GERENTE GENERAL

Ab. Patricia Chiriboga SĂĄnchez DIRECTORA JURĂ?DICA DE DISOLUCIĂ&#x201C;N Y LIQUIDACIĂ&#x201C;N DE COMPAĂ&#x2018;Ă?AS AR/84030/jq

AP/50081/cc


FI;Fz<Q ;<D8E;8;F J@CM@8 >I<K8 8I8LAF <J:F98I al`Z`f Ef% )./$)'(($C8 KI8D@K< <JG<:@8C :L8EK@8 @E;<K<ID@E8;8 :8LJ8C 8ik% /(*# p j`^l`\ek\ [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c% GIFM@;<E:@8 ALQ>8;F M@><J@DF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# al\m\j )* [\ ale`f [\c )'((# cXj '0_,/%$ M@JKFJ1 <e m`ikl[ [\c jfik\f Zfii\jgfe[`\ek\ XmfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX \e ZXc`[X[ [\ Al\q K`klcXi%$ <e cf gi`eZ`gXc# cX [\dXe[X hl\ Xek\$ Z\[\ \j ZcXiX p gi\Z`jX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ c\p gfi cf hl\ j\ cX XZ\gkX X KIĂ D@K< <JG<:@8C# [\ Zfe]fid`[X[ Zfe cf hl\ [`jgfe\ \c 8ik% /(* p j`^l`\ek\ [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c%$ :Â?iiXj\ kiXj$ cX[f X cX [\dXe[X[X j\Â&#x152;fiX1 J@CM@8

>I<K8 8I8LAF <J:F98I# Zfe \c Zfek\e`[f [\ cX [\dXe[X hl\ Xek\$ Z\[\ p gifm`[\eZ`X i\ZXÂ&#x2C6;[X \e \ccX# gfi \c kÂ&#x201E;id`ef c\^Xc [\ ki\j [Â&#x2C6;Xj# gXiX Zlpf \]\Zkf j\ cf Z`kXi}# d\[`Xe$ k\ glYc`ZXZ`fe\j gfi cX gi\ejX [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX :`l[X[ Hl`kf# Gifm`eZ`X [\ G`Z_`eZ_X [\ Zfe]fid`[X[ Zfe cf [`jgl\jkf \e \c 8ik% /)# [\c Zl\igf c\^Xc `emfZX$ [f%$ KÂ&#x201E;e^Xj\ \e Zl\ekX \c ZXj`cc\if p [fd`Z`c`f al[`Z`Xc [\j`^eX[f gfi \c XZkfi gXiX jlj gfjk\i`fi\j efk`]`ZX$ Z`fe\j# XjÂ&#x2C6; Zfdf kXdY`Â&#x201E;e cX Xlkfi`$ qXZ`Â?e X jl 8Yf^X[f [\]\ejfi%$ Efk`]Â&#x2C6;hl\j\%$ ;i% >\id}e >feq}c\q [\c Gfqf# Al\q% Cf hl\ Zfdle`Zf X Ljk\[# gXiX cfj ]`e\j [\ c\p# p c\ :@KF# gi\m`e`Â&#x201E;e$ [fc\ [\ cX fYc`^XZ`Â?e [\ hl\ k`\e\ [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX ]lkliXj efk`]`ZXZ`fe\j%

;i% >Xcf 9}\q AX`d\ J<:I<K8I@F ;<C ALQ>8;F M@><J@DF ;< CF :@M@C ?Xp le j\ccf 8%:%&/'-.. ALQ>8;F J<OKF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C :@K8J< Zfe \c j`^l`\ek\ <OKI8:KF ;< C8 ;<D8E;8 ;< AL@:@F :FCLJFI@F X1 :8I@E8 =<IE8E;8 :8JK8z<;8 :?8J@ p 8;I@8E8 <C@Q89<K? >LQD8E J<II8EF 8:KFI<J1 ;FI8 :FIE<C@8 :?8M<Q 8P8C8# EF<D@ D8I>FK? :?8M<Q 8P8C8# IFJ8 8C<>I@8 :?8M<Q 8P8C8# ?<IE8E <L;FIF :?8M<Q 8P8C8# :8ICFJ A<EKLC@F :?8M<Q :L@:?8E# :C8I8 <;@K? :?8M<Q KFII<J# =C<I@;8 8E><C@:8 :?8M<Q KFII<J# 89I8?8D @>E8:@F :?8M<Q KFII<J P IFJ8I@F M@:KFI@8

J[c[h Wb Wceh [i j[c[h W bW l_ZW" o bei gk[ j[c[d W bW l_ZW oW [ij|d c[Z_e ck[hjei$ 8;HJH7D: 7HJ>KH M?BB?7C HKII;BB

:?8M<Q KFII<J# _\i\[\ifj [\ 89I8?8D J8EKFJ ;@>EF :?8M<Q IF;I@>L<Q ;<D8E;8;FJ1 <C:@8 Q<E<@;8 Q8G8K8 F:8z8# ;I% =<IE8E;F GFCF <CD@I EfkXi`f M`^Â&#x201E;j`df JÂ&#x201E;gk`df [\c ZXekÂ?e Hl`kf # ;I% AFI>< @M8E M@CC8M@:<E:@F FK8z<Q# 8Yf^X[f hl\ i\Xc`qÂ?

cXj d`elkXj # G89CF MC8;@D@I M@CC8M@:<E:@F <JG@EFJ8# :8I@E8 =<IE8E;8 :8JK8z<;8 :?8J@# 8;I@8E8 <C@Q89<K? >LQD8E J<II8E8# ;@8E8 JF=@8 M8CM<I;< J@<II8# k\jk`^fj # AL@:@F1 :FCLJFI@F Ef%)'(($ '''*$A}e\k[ KX`g\ I% :L8EK@81 @E;<K<ID@E8;8 KI8D@K<1 <JG<:@8C F9A<KF ;< C8 ;<D8E;81 <JK8 9 C <: < I <C G8:KF :FCLJFI@F GIFM@;<E:@81 ALQ>8;F J<OKF ;< CF :@M@C ;< G@:?@E:?8%$ HL@KF# (- [\ dXiqf [\c )'((%$ cXj ((_'-%%$ M@JKFJ1 CX [\dXe[X hl\ gfi XZZ`Â?e Zfcljf$ i`X gi\j\ekXe ;FI8 :FIE<C@8 :?8M<Q 8P8C8# EF<D@ D8I>FK? :?8M<Q 8P8C8# IFJ8 8C<>I@8 :?8M<Q 8P8C8# ?<IE8E <L;FIF :?8M<Q 8P8C8# :8ICFJ A<EKLC@F :?8M<Q :L@:?8E :C8I8 <;@K? :?8M<Q KFII<J# =C<I@;8 8E><C@:8 :?8M<Q KFII<J# 89I8?8D @>E8:@F :?8M<Q KFII<J P IFJ8I@F M@:KFI@8 :?8M<Q KFII<J# _\i\[\ifj [\ 89I8?8D J8EKFJ ;@>EF :?8M<Q IF;I@>L<Q # \e ZfekiX [\ <C:@8 Q<E<@;8 Q8G8K8 F:8z8# ;I% =<IE8E;F GFCF <CD@I EfkXi`f M`^Â&#x201E;j`df JÂ&#x201E;gk`df [\c ZXekÂ?e Hl`kf # ;I% AFI>< @M8E M@CC8M@:<E:@F FK8z<Q# 8Yf^X[f hl\ i\Xc`qÂ? cXj d`elkXj # G89CF MC8;@D@I M@CC8M@:<E:@F <JG@EFJ8# :8I@E8 =<IE8E;8 :8JK8z<;8 :?8J@# 8;I@8E8 <C@Q89<K? >LQD8E J<II8EF# ;@8E8 JF=@8 M8CM<I;< J@<II8#

k\jk`^fj # i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# \e Zfej\Zl\eZ`X j\ cX XZ\gkX Xc ki}d`k\ Zfii\jgfe[`\ek\ gfi cX mÂ&#x2C6;X \jg\Z`Xc [\ Zfe]fid`[X[ Zfe \c 8ik% ) p j`^l`\ek\j [\ cX C\p gXiX \c Alq^Xd`\ekf [\ cX :fclj`Â?e%$ I<=FID8% I%F% ,++ [\ '0 [\ dXiqf [\c )''0 %$ :@K<J< Zfe \c Zfek\e`[f [\ cX [\dXe[X p \jkX gif$ m`[\eZ`X X cfj [\dXe[X[fj <C:@8 Q<E<@;8 Q8G8K8 F:8z8# ;I% =<IE8E;F GFCF <CD@I EfkXi`f M`^Â&#x201E;j`df JÂ&#x201E;gk`df [\c ZXekÂ?e Hl`kf # ;I% AFI>< @M8E M@CC8M@:<E:@F FK8z<Q# G89CF MC8;@D@I M@CC8M@:<E:@F <JG@EFJ8# p ;@8E8 JF=@8 M8CM<I;< J@<II8# \e cX [`i\ZZ`Â?e gifgfiZ`feX[X gfi cX gXik\ XZZ`feXek\2 p# [\ Zfe]fid`$ [X[ Zfe cf [`jgl\jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# p jfYi\ cX YXj\ [\ cX [\ZcXiXZ`Â?e aliXd\ekX[X [\c GifZliX[fi :fdÂ&#x2019;e [\ cfj XZkfi\j# \e \c j\ek`[f [\ hl\ c\ _X j`[f `dgfj`Yc\ [\k\id`eXi cX i\j`[\eZ`X f [fd`Z`c`f [\ :8I@E8 =<IE8E;8 :8JK8z<;8 :?8J@ p 8;I@8E8 <C@Q89<K? >LQDĂ?E J<II8EF# :@K<J<C8J X kiXmÂ&#x201E;j [\ cX gi\ejX# Zfe le \okiXZkf [\ cX [\dXe$ [X p \jkX gifm`[\eZ`X# \e lef [\ cfj g\i`Â?[`Zfj [\ dXpfi Z`iZlcXZ`Â?e [\ \jkX Z`l[X[# X ]`e [\ hl\ cX Zfek\jk\e \e \c kÂ&#x201E;id`ef [\ j\`j [Â&#x2C6;Xj%$ ;\ Zfe$ ]fid`[X[ Zfe \c 8ik% ,) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# ZlÂ&#x201E;ek\j\ Zfe ?<IE8E <L;FIF :?8M<Q 8P8C8# GifZliX[fi :fdÂ&#x2019;e [\ cfj XZkfi\j# \e Zfej\Zl\eZ`X# cXj g\k`Z`fe\j [\ cfj [\d}j [\dXe[Xek\j ef j\i}e kfdX[Xj \e Zl\ekX%$ :lÂ&#x201E;ek\j\ Zfe cX `ek\im\eZ`Â?e [\c I\^`jkiX[fi [\ cX Gifg`\[X[ [\ \jk\ ZXekÂ?e# X hl`\$ e\j j\ c\j efk`]`ZXi} \e jl [\jgXZ_f d\[`Xek\ f]`Z`f# gXiX Zlpf \]\Zkf cX gXik\ XZkfiX gifgfiZ`feXi} cXj Zfg`Xj e\Z\jXi`Xj%$ 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cfj [fZld\ekfj p \jZi`kf gi\Z\[\ek\j%$ I\^Â&#x2C6;jki\j\ cX ZXj`ccX al[`Z`Xc Ef% */)(# hl\ j\Â&#x152;XcXe cfj XZZ`feXek\j gXiX i\Z`Y`i jlj efk`$ ]`ZXZ`fe\j%$ EFK@=@HL<J<%$ ] ;I% D8I@F FIK@Q <JKI<CC8%$ AL<Q% Cf hl\ c\j Zfdle`Zf p c\j efk`]`$ Zf X ljk\[\j gXiX cfj ]`e\j [\ c\p Zfej`^l`\ek\j%$ GXiX i\Z`Y`i jlj efk`]`ZXZ`fe\j jÂ&#x2C6;imXj\ j\Â&#x152;XcXi cX

Ĺ? Ä&#x160;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä

Ĺ? +. Ĺ? Ä&#x152;Ĺ? ZXj`ccX al[`Z`Xc [\ le 8Yf^X[f Zfdf [`jgfe\ cX C\p%$ ;I% <;N@E :<M8CCFJ 8DGL;@8 J<:I<K8I@F ?Xp le j\ccf 8%:%&/'-+ALQ>8;F K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 :@K8:@FE AL;@:@8C 81 <IE<JKF I8D@IF IF;IĂ >L<Q M8C;@M@<QF <OKI8:KF AL@:@F% <JG<:@8C Ă&#x2020;<O?@9@:@FE$ :8LJ8 Ef% )*.$)''0 8:KFI% >C<E;8 ?@G8K@8 CL:<IF 8CM8I<Q# \e ZXc`[X[ [\ GifZliX[fiX Al[`Z`Xc [\c @e^% 8c\aXe[if I`YX[\e\`iX AXiXd`ccf# >\i\ek\ >\e\iXc [\c 9XeZf >\e\iXc Ild`Â&#x152;X_l` J%8% ;<D8E;8;F% <IE<JKF I8D@IF IF;IĂ >L<Q M8C;@M@<QF :L8EK@8% @E;<K<ID@E8;8 ALQ>8;F K<I:<IF ;< CF :@M@C ;< G@:?@E:?8%$ HL@KF# '. [\ DXpf [\c )''0# cXj (._).%$ M@JKFJ% 8mfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX# \e ZXc`[X[ [\ Al\q Jlgc\ek\ [\ \jkX Al[`ZXkliX# j\^Â&#x2019;e XZZ`Â?e [\ g\ijfeXc Ef% ),)/$;G$;;G [\ ), [\ 8^fjkf [\c XÂ&#x152;f \e Zlijf p \e m`ikl[ [\c jfik\f i\Xc`qX[f gfi cX f]`Z`eX i\jg\Zk`mX% <e cf gi`eZ`gXc# cX g\k`Z`Â?e hl\ Xek\Z\[\ \j ZcXiX# gi\Z`jX p i\Â&#x201C;e\ cfj [\d~j i\hl`$ j`kfj [\ c\p% <e Zfej\Zl\eZ`X# [\ Zfe]fid`[X[ Zfe cf gi\m`jkf \e \c 8ik% ,0( [\c :Â?[`^f [\ :fd\iZ`f# \e ZfeZfi[XeZ`X Zfe cfj 8ikj% @@@ P @M [\ cX J\ZZ`Â?e @@@ [\c d`jdf Zl\igf c\^Xc# \c j\Â&#x152;fi <IE<JKF I8D@IF IF;I@>L<Q M8C;@M@<QF# [\ekif

SUPERINTENDENCIA DE COMPAĂ&#x2018;Ă?AS.

RESOLUCION No. SC.ICI.DAI.Q.11.143. Dr. Camilo Valdivieso Cueva INTENDENTE DE COMPAĂ&#x2018;IAS DE QUITO CONSIDERANDO: QUE, mediante ResoluciĂłn NO. 00.ICI.012 de 6 de julio de 2000, la Superintendencia de Compaùías expidiĂł las normas para la calificaciĂłn y registros de las personas naturales, jurĂ­dicas y asociaciones que ejerzan actividades de avalĂşo y peritaje; QUE, con oficio ingresado a esta InstituciĂłn el 13 de julio de 2011, el AB. SANTIAGO AGUSTIN EGUIGUREN EGUIGUREN, solicita la calificaciĂłn como Perito Avaluador. QUE, el AB. SANTIAGO AGUSTIN EGUIGUREN EGUIGUREN, ha cumplido con los requisitos establecidos en la resoluciĂłn referida en el considerando anterior, como se establece en el Informe de Control No. SC.ICI.DAI.Q.11.434 de 29 de julio de 2011, lo cual ha sido confirmado por el Intendente de Control e IntervenciĂłn, mediante Informe para CalificaciĂłn de Peritos Avaluadores NÂş SC.ICI.CPA.Q.11.011 de 03 de agosto de 2011; QUE, el Intendente de Control e IntervenciĂłn, mediante Memorando No. SC.ICI. DAI.Q.11.628 de 03 de agosto de 2011, en base a lo seĂąalado en el informe de control referido anteriormente, recomienda se otorgue la calificaciĂłn como Perito Avaluador al AB. SANTIAGO AGUSTIN EGUIGUREN EGUIGUREN; y, EN ejercicio de las atribuciones asignadas mediante Resoluciones Nos. ADM. Q.2011.002 de 17 de enero de 2011 y SC-IAF-DRH-G-2011-186 de 15 de marzo de 2011; RESUELVE: ARTICULO PRIMERO.- CALIFICAR al AB. SANTIAGO AGUSTIN EGUIGUREN EGUIGUREN, para que pueda ejercer actividades de avalĂşo y peritaje especializado en bienes muebles e inmuebles en las empresas sujetas al control de la Superintendencia de Compaùías, por el perĂ­odo de 5 aĂąos contado a partir de la emisiĂłn de la presente ResoluciĂłn. ARTICULO SEGUNDO.- DISPONER que el AB. SANTIAGO AGUSTIN EGUIGUREN EGUIGUREN, publique, por una sola vez, la presente ResoluciĂłn en uno de los periĂłdicos de mayor circulaciĂłn de su domicilio. Un ejemplar de la publicaciĂłn deberĂĄ entregarse a la Superintendencia de Compaùías. ARTICULO TERCERO.- DISPONER que SecretarĂ­a General de esta Intendencia inscriba al AB. SANTIAGO AGUSTIN EGUIGUREN EGUIGUREN, en el Registro Nacional de Peritos Avaluadores; el correspondiente certificado de inscripciĂłn se otorgarĂĄ una vez que se haya cumplido con el requisito establecido en el artĂ­culo anterior. COMUNIQUESE.- DADA y firmada en la Intendencia de Compaùías de Quito, Distrito Metropolitano, a Dr. Camilo Valdivieso Cueva INTENDENTE DE COMPAĂ&#x2018;Ă?AS DE QUITO

AR/84031/cc

Ä&#x2C6;

[\c kÂ&#x201E;id`ef [\ [fj [Â&#x2C6;Xj [\ Z`kX[f# X cXj [`\q _fiXj# \e cfj gXk`fj [\c GXcXZ`f [\ Aljk`Z`X# lY`ZX[f \e cX 8m\e`[X - [\ ;`Z`\dYi\ p G`\[iX_`kX [\ \jkX :`l[X[ [\ Hl`kf# <O?@98E \c m\_Â&#x2C6;Zlcf [\kXccX[f \e cX g\k`Z`Â?e `e`$ Z`Xc p ZfekiXkf [\ Gi\e[X @e[ljki`Xc 8Y`\ikX X[alekX% :Â&#x2C6;k\j\ Xc j\Â&#x152;fi <IE<JKF I8D@IF IF;IĂ >L<Q M8C;@M@<QF \e \c cl^Xi `e[`ZX[f% 8^iÂ&#x201E;^l\j\ cX [fZld\ekXZ`Â?e XZfd$ gXÂ&#x152;X[X% KÂ?d\j\ \e Zl\ekX \c ZXj`$ cc\if al[`Z`Xc j\Â&#x152;XcX[f gfi cX XZkfiX p cX ZXc`[X[ \e cX hl\ ZfdgXi\Z\ X al`Z`f% 8ZkÂ&#x2019;\ \c 8Y% Af_XeX =`\iif M\^X \e ZXc`[X[ [\ F]`Z`Xc DXpfi [\ \jk\ [\jgXZ_f% Efk`]Â&#x2C6;hl\j\%$ ;I% N8>E<I A8K@M8 HL@IFQ% AL<Q J ALQ>8;F K<I:<IF ;< CF :@M@C ;< G@:?@E:?8%$ HL@KF# m`\ie\j (- [\ Alc`f [\c )'('# cXj ('_*'%$ 8^iÂ&#x201E;^l\j\ X cfj Xlkfj \c \jZi`kf gi\j\ekX[f# Xk\ekX cX Xj\m\iXZ`Â?e aliXd\ekX[X [\ cX [\dXe[Xek\ i\j$ g\Zkf X cX `dgfj`Y`c`[X[ [\ [Xi Zfe \c [fd`Z`c`f f i\j`[\eZ`X [\c [\dXe$ [X[f# ZÂ&#x2C6;k\j\ X <IE<JKF I8D@IF IF;I@>L<Q M8C;@M@<QF# Zfe le \okiXZkf [\ cX [\dXe[X# Xlkf `e`Z`Xc p \jkX gifm`[\eZ`X gfi cX gi\ejX \e lef [\ cfj g\i`f[`Zfj [\ dXpfi Z`iZlcXZ`Â?e hl\ j\ \[`kXe \e \jkX Z`l[X[# gXiX hl\ ZfdgXi\qZX \e ki\j [Â&#x2C6;Xj _}Y`c\j [\jgl\j [\ Z`kX[f X cXj [`\q _fiXj# \e cfj gXk`fj [\c GXcXZ`f [\ Aljk`Z`X# lY`ZX[f \e cX 8m\e`[X - [\ ;`Z`\dYi\ p G`\[iX_`kX [\ \jkX :`l[X[ [\ Hl`kf# <O?@98 \c m\_Â&#x2C6;Zlcf [\kXccX[f \e cX g\k`Z`Â?e `e`Z`Xc p Zfe$ kiXkf [\ Gi\e[X @e[ljki`Xc 8Y`\ikX X[alekX%$ EFK@=@HL<J< ;I% N8>E<I A8K@M8 HL@IFQ% AL<Q Cf hl\ Zfdle`Zf gXiX cfj ]`e\j [\ c\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e [\ j\Â&#x152;XcXi ZXj`cc\if al[`Z`Xc gXiX gfjk\i`fi\j efk`]`ZXZ`fe\j%$ 8k\ekXd\ek\# ;i% Afi^\ GXcXZ`fj ?% J<:I<K8I@F ;<C ALQ>8;F K<I:<IF ;< CF :@M@C ;< G@:?@E:?8 ?Xp ]`idX p j\ccf 8:&/'0(-&k] <OKI8:KF EFK8I@8 J<>LE;8 ;<C :8EKFE J8HL@J@C@# :Â&#x2019;dgc\d\ gfe\i \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf hl\ d\[`Xek\ \jZi`kliX gÂ&#x2019;Yc`ZX Ef%')0'# fkfi^X[X Xek\ cX j\Â&#x152;fiX DXi`XeX ;li}e JXc^X[f# EfkXi`X J\^le[X [\c :XekÂ?e JXhl`j`cÂ&#x2C6;# \c )+ [\ \e\if [\c XÂ&#x152;f )'((# cfj \o ZÂ?epl$ ^\j 8C<A8E;IF ><FM8EE@ =<C@O ;@8Q p ;LE@8 D8I@8 ;<C :@JE< M8C8I<QF <I8J# gifZ\[`\ife X c`hl`[Xi \c gXki`dfe`f [\ cX jfZ`\$ [X[ Zfepl^Xc cX d`jdX hl\ ]l\iX [`jl\ckX j\^Â&#x2019;e j\ek\eZ`X [\ [`mfiZ`f \d`k`[X gfi \c Alq^X[f M`^Â&#x201E;j`df [\ cf :`m`c [\ G`Z_`eZ_X# [\ ]\Z_X - [\ j\gk`\dYi\ [\ (000% CXj X[al[`ZXZ`fe\j [\c gXki`dfe`f j\ \eZl\ekiXe [\kXccX[Xj \e \c k\okf [\ cX i\]\i`[X \jZi`kliX gÂ&#x2019;Yc`ZX [\ c`hl`[XZ`Â?e [\ jfZ`\[X[ Zfepl^Xc# gfi cf hl\ \e Xgc`ZXZ`Â?e X cf [`jgl\j$ kf \e \c Xik% - [\ cX C\p I\]fidXkfi`X X cX c\p EfkXi`Xc# glYc`ZX[X \e \c I\^`jkif F]`Z`Xc Ef% +'- [\ )/ [\ Efm`\dYi\ [\c )''-# hl\ X jl m\q i\]fidX \c Xik% (/ [\ cX C\p EfkXi`Xc X^i\^Xe[f mXi`fj eld\iXc\j# \eki\ cfj ZlXc\j \c eld\iXc )* ]XZlckX Xc EfkXi`f [`jgfe\i cX `ejZi`gZ`Â?e \e cfj I\^`jkif [\ cX Gifg`\[X[ p D\iZXek`c\j# cX \jZi`kliX [\ c`hl`[X$ Z`Â?e [\ jfZ`\[X[ Zfepl^Xc# gi\m`f \c ki}d`k\ gi\m`jkf \e [`Z_X efidX c\^Xc# gfe^f \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# d\[`Xek\ leX glYc`ZXZ`Â?e \c \okiXZkf [\ cX c`hl`[XZ`Â?e [\ gXki`dfe`f [\ cX jfZ`\[X[ Zfepl^Xc Zfii\jgfe[`\ek\ X cfj \o $ ZÂ?epl$ ^\j 8C<A8E;IF ><FM8EE@ =<C@O ;@8Q p ;LE@8 D8I@8 ;<C :@JE< M8C8I<QF <I8J# fkfi^X[X d\[`Xe$ k\ \jZi`kliX gÂ&#x2019;Yc`ZX [\ )+ [\ \e\if [\c )'(( Xek\ cX jljZi`kX j\Â&#x152;fiX DXi`XeX ;li}e JXc^X[f# EfkXi`X J\^le[X [\c ZXekÂ?e JXhl`j`cÂ&#x2C6;# gfi \c k\id`ef [\ m\`ek\ )' [Â&#x2C6;Xj X ZfekXi$ j\ [\j[\ cX ]\Z_X [\ cX glYc`ZXZ`Â?e [\ \jk\ \okiXZkf# X ]`e [\ hl\ cXj g\i$ jfeXj hl\ \m\eklXcd\ek\ klm`\iXe `ek\iÂ&#x201E;j \e \jkX c`hl`[XZ`Â?e gl\[Xe gi\j\ekXi jl fgfj`Z`Â?e ]le[Xd\ekX$ [X# [\ekif [\c i\]\i`[f kÂ&#x201E;id`ef% GXik`ZlcXi hl\ gfe^f \e jl Zfef$ Z`d`\ekf gXiX cfj ]`e\j c\^Xc\j g\ik`e\ek\j% D8I@8E8 ;LIĂ?E J8C>8;F EFK8I@8 J<>LE;8 ;<C :8EKFE J8HL@J@C@ ?Xp le j\ccf p ]`idX% 8I&/+'))&ah I% [\c <% ALQ>8;F :L8IKF ;< CF :@M@C ;< 9FC@M8I :@K8:@äE 8c j\Â&#x152;fi :8ICFJ D8EL<C Eèz<Q D@:?LP AL@:@F1 Ef )'( Ă&#x2020; )'(( @E@:@8;F1 (, [\ Alc`f [\c )'(( 8:KFI81 IFJJD8IP D8I@8

Ĺ? Ĺ?

Ĺ?


Ĺ? Ĺ?

Ĺ?

Ä&#x2030;

Ĺ?

J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% (*0 ?8JK8 (., :K8%:K< ,'-,''.'-( j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX A8:FD< 8E><C 8:& ((/,( (, d^

Ĺ? Ä&#x160;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä

Ĺ? +. Ĺ? Ä&#x152;Ĺ?

>8M@C8E<Q ELz<Q ;<D8E;8;F1 :8ICFJ D8EL<C Eèz<Q D@:?LP :L8EK@81 @E;<K<ID@E8;8 AL<Q1 ;I% 9PIFE 8CC8L:8 M8C;@M@<JF %%%%>8;F :L8IKF ;< CF :@M@C ;< 9FC@M8I% >lXiXe[X# al\m\j )( [\ alc`f [\c )'((# cXj ('_*'% M@JKFJ1 8c _XY\i j`[f [\j`^eX[f Al\q :lXikf [\ cf :`m`c [\ 9fcÂ&#x2C6;mXi Jlgc\ek\# gfi cX <o&?% :fik\ Jlg\i`fi [\ Aljk`Z`X [\ >lXiXe[X p gfi _XY\i [X[f Zld$ gc`d`\ekf X cf fi[\eX[f \e gifm`$ [\eZ`X hl\ Xek\Z\[\# cX [\dXe[X [\[lZ`[X gfi IfjjdXip DXiÂ&#x2C6;X >Xm`c}e\q EÂ&#x2019;Â&#x152;\q# \j ZcXiX# gi\Z`jX# i\Â&#x2019;e\ cfj i\hl`j`kfj [\ cfj 8ikj% -. p -/ [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c# gfi cf hl\# j\ X[d`k\ Xc ki}$ d`k\ m\iYXc jldXi`f%$ Gfi ZlXekf cX XZkfiX [\ZcXiX Zfe aliXd\ekf hl\ \j `dgfj`Yc\ [\k\id`eXi \c [fd`Z`c`f [\c [\dXe[X[f :Xicfj DXel\c EÂ&#x2019;Â&#x152;\q D`Z_lp# ZÂ&#x2C6;k\j\c\ Zfe le \okiXZkf [\ cX [\dXe[X p Xlkf [\ ZXc`]`ZXZ`Â?e gfi cX gi\ejX \e lef [\ cfj g\i`Â?[`Zfj hl\ j\ \[`kXe \e cX Z`l[X[ [\ >lXiXe[X p \e \c ;`jki`kf D\kifgfc`kXef [\ Hl`kf# X ZlpX ali`j[`ZZ`Â?e g\ik\e\Z\ \c cl^Xi [fe[\ j\ Z\c\YiÂ? \c dXki`dfe`f# Zfe]fid\ [`jgfe\ \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c \e ZfeZfi[XeZ`X Zfe cfj `eZ`jfj )f p *f [\c 8ik% ((0 [\c :Â?[`^f :`m`c%$ KÂ?d\j\ efkX [\ cX ZlXekÂ&#x2C6;X# ki}d`k\# ZXj`cc\if al[`Z`Xc p ]XZlckX[ [X[X X jl [\]\ejfiX%$ 8^iÂ&#x201E;^l\j\ X cfj Xlkfj cfj [fZld\ekfj hl\ XZfd$ gXÂ&#x152;X%$ :Â&#x2C6;k\j\ p efk`]Â&#x2C6;hl\j\%$ ] % ;i% 9pife 8ccXlZX MXc[`m`\jf% j`^l\e cXj efk`]`ZXZ`fe\j % GXik`ZlcXi hl\ gfe^f \e ZfefZ`$ d`\ekf [\c gÂ&#x2019;Yc`Zf \e ^\e\iXc p [\c j\Â&#x152;fi :Xicfj DXel\c EÂ&#x2019;Â&#x152;\q D`Z_lp# X ]`e [\ hl\ j\Â&#x152;Xc\ ZXj`cc\if al[`$ Z`Xc gXiX jlj efk`]`ZXZ`fe\j Zfdf dXe[X cX C\p% >lXiXe[X# )0 [\ alc`f [\c )'((% 8Y% DXiÂ&#x2C6;X 8c\oXe[iX AXiiÂ&#x2C6;e J<:I<K8I@8 <E:8I>8;8 ;<C ALQ>8;F :L8IKF ;< CF :@M@C ;< 9FC@M8I ?Xp le j\ccf 8G&,''/'&ZZ I% [\c <% ALQ>8;F M@>yJ@DF ;< CF :@M@C ;< G@:?@E:?8% <OKI8:KF AL;@:@8C :@K8:@äE AL;@:@8C 8C JI% D<;8I;F AF8HL@E G<J8EK<Q 898;# ;< :FE=FID@;8; :FE CF ;@JGL<JKF <E <C 8IK% /) ;<C :F;@>F ;< GIF:<;@D@<EKF :@M@C 8:KFI1 ;8M@; 8C<O@J ;<C>8;F K8G@8 <E :8C@;8; ;< ><I<EK< ><E<I8C ;< :8IK<B 98:8 J%8% ;<D8E;8;F1 D<;8I;F AF8HL@E G<J8EK<Q 898; KI8D@K<1 M<I98C JLD8I@F AL@:@F1 M<I98C JLD8I@F Ef )/)&('%$eX :L8EK@81 LJ;% (/%'''#ff G IFM @ ; < E : @ 8 1 $ A L Q>8 ; F M@>yJ@DF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# )) [\ D8IQF [\c )'('# cXj (-_(+%$ M@JKFJ1 <e m`ikl[ [\c jfik\f i\Xc`qX[f p \e d` ZXc`[X[ [\ Al\q K`klcXi [\ \jkX Al[`ZXkliX# XmfZf ZfefZ`d`\ekf [\ cX gi\j\ek\ ZXljX% <e cf gi`eZ`gXc# cX [\dXe[X hl\ Xek\Z\[\ \j ZcXiX# Zfdgc\kX p i\Â&#x2019;e\ cfj i\hl`j`kfj [\ C\p# gfi cf hl\ j\ cX XZ\gkX X ki}d`k\ M\iYXc JldXi`f% <e Zfe$ j\Zl\eZ`X# Zfg`X [\ cX [\dXe[X p \jkX Gifm`[\eZ`X# \ekiÂ&#x201E;^l\j\ Xc [\dXe[X[f j\Â&#x152;fi D<;8I;F AF8HL@E G<J8EK<Q 898;% :Â&#x2C6;k\j\ Xc [\dXe[X[f \e cfj cl^Xi\j `e[`$ ZX[fj gXiX kXc \]\Zkf# d\[`Xek\ Xk\ekf ;\gi\ZXkfi`f c`Y\ikX[ X lef [\ cfj j\Â&#x152;fi\j Al\Z\j [\ cf :`m`c [\ cX :`l[X[ [\ :l\eZX# Gifm`eZ`X [\ 8qlXp# X hl`\e j\ c\ \em`Xi} \c [\jgXZ_f \e ]fidX% Ef _X cl^Xi X cX d\[`[X ZXlk\cXi jfc`Z`kX[X gfi `dgifZ\[\ek\% KÂ&#x201E;e^Xj\ \e Zl\ekX \c [fd`Z`c`f p ZXj`ccX al[`Z`Xc j\Â&#x152;X$ cX[X gfi cX XZkfiX p cX ZXc`[X[ \e hl\ ZfdgXi\Z\% 8^iÂ&#x201E;^l\j\ Xc gifZ\jf cX [fZld\ekXZ`Â?e X[ale$ kX%$ Efk`]Â&#x2C6;hl\j\%$ ] ;i% >\id}e >feq}c\q [\c Gfqf%$ AL<Q ALQ>8;F M@>yJ@DF ;< CF :@M@C ;< G@:?@E:?8%$ Hl`kf# dXik\j * [\ dXpf [\c )'((# cXj (,_'0%$ <c \jZi`kf hl\ Xek\Z\[\ X^iÂ&#x201E;^l\j\ Xc gifZ\jf# [\c d`jdf hl\ \c XZkfi j\Â&#x152;fi ;8M@; 8C<O@J ;<C>8;F K8G@8# \e ZXc`[X[ [\ >\i\ek\ >\e\iXc [\ :Xik\b 9XZX J%8% j\ _X iXk`]`ZX[f \e \c AliXd\ekf i\e[`[f% <e cf gi`eZ`gXc# ZÂ&#x2C6;k\j\ Xc [\dXe[X[f j\Â&#x152;fi D<;8I;F AF8HL@E G<J8EK<J 898;# gfi d\[`f [\ cX gi\ejX# \e lef [\ cfj ;`Xi`fj [\ DXpfi :`iZlcXZ`Â?e [\ \jkX :`l[X[ [\ Hl`kf# pX hl\ Zfe aliXd\ekf [\ZcXiX \c XZkfi jfYi\ \c [\jZfefZ`d`\ekf [\c XZklXc gXiX[\$ if f i\j`[\eZ`X [\c [\dXe[X[f# [\ Zfe]fid`[X[ Zfe cf [`jgl\jkf \e \c 8ik% /) [\c :Â?[`^f [\ GifZ\[`d`\ekf :`m`c%$ Efk`]Â&#x2C6;hl\j\%$ ] ;i% >\id}e >feq}c\q [\c Gfqf%$ AL<Q Cf hl\ Zfdle`Zf X L[%# gXiX cfj

]`e\j [\ C\p# gi\m`e`Â&#x201E;e[fc\ [\ cX fYc`^XZ`Â?e hl\ k`\e\ [\ j\Â&#x152;XcXi :Xj`cc\if Al[`Z`Xc gXiX gfjk\i`fi\j efk`]`ZXZ`fe\j [\ekif [\c g\iÂ&#x2C6;d\kif c\^Xc%$ :\ik`]`Zf%$ ;i% >8CF 98<Q A8@D< J<:I<K8I@F ?Xp le j\ccf 8G&,''*.&ZZ

8ELC8:@FE<J

BANCO BOLIVARIANO J\ Zfdle`ZX Xc gÂ&#x2019;Yc`Zf# cX Fgfj`Z`Â?e Xc gX^f gfi g\i[`[X&JljkiXZZ`fe [\c Z_\$ hl\ Ef% (-++' ^`iX[f Xc Ji&X DFE@:8 D<I8 gi\j\ekX[X gfi O@D<E8 I8:@E<J & F =89@8E I8D@I<Q ZkX% Zk\ Ef%$ ,',,''''*- J\ gi\m`\e\ hl\ ZlXchl`\i i\ZcXdf [\Y\i} gi\j\ekXij\ \e \c gcXqf [\ -' [Â&#x2C6;Xj X gXik`i [\ cX ]\Z_X [\ \jk\ Xm`jf% 8:& ((/,( ( d^ 44444444 J\ Zfdle`ZX Xc gÂ&#x2019;Yc`Zf# cX Fgfj`Z`Â?e Xc gX^f gfi g\i[`[X&JljkiXZZ`fe [\c Z_\hl\ Ef% (.- ^`iX[f Xc Ji&X :<:@C@8 ;<C :@JE< >FEQ8C<Q # ZkX% Zk\ Ef%$ ,'-,''*/0' J\ gi\m`\e\ hl\ ZlXc$ hl`\i i\ZcXdf [\Y\i} gi\j\ekXij\ \e \c gcXqf [\ -' [Â&#x2C6;Xj X gXik`i [\ cX ]\Z_X [\ \jk\ Xm`jf% 8:& ((/,( ) d^ 44444444 J\ Zfdle`ZX Xc gÂ&#x2019;Yc`Zf# cX Fgfj`Z`Â?e Xc gX^f gfi g\i[`[X&JljkiXZZ`fe [\c Z_\hl\ Ef% ''(0/ ^`iX[f Xc Ji&X J&9 gi\j\ekX[X gfi PFC8E;8 8CF9L<C8 :8@Q8 ZkX% Zk\ Ef%$ (-($,''(,0$' J\ gi\m`\e\ hl\ ZlXchl`\i i\ZcXdf [\Y\i} gi\j\ekXij\ \e \c gcXqf [\ -' [Â&#x2C6;Xj X gXik`i [\ cX ]\Z_X [\ \jk\ Xm`jf% 8:& ((/,( * d^ 44444444 J\ Zfdle`ZX Xc gÂ&#x2019;Yc`Zf# cX Fgfj`Z`Â?e Xc gX^f gfi g\i[`[X&JljkiXZZ`fe [\c Z_\hl\ Ef% )+' gi\j\ekX[X gfi M@:KFI@8 @DGFIKJ :@8%CK;8 # ZkX% Zk\ Ef%$ ,'','+,.(, J\ gi\m`\e\ hl\ ZlXchl`\i i\ZcXdf [\Y\i} gi\j\ekXij\ \e \c gcXqf [\ -' [Â&#x2C6;Xj X gXik`i [\ cX ]\Z_X [\ \jk\ Xm`jf% 8:& ((/,( + d^ 44444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% )*.+ :K8% :K< ,'),''/*)0 j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX @EJK@KLKF JLG<I@FI K<:EFCF>@:F G8I8 <C ;<J8IIFCCF 8:&((/,( , d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% .0 :K8% :K< ,'),'(+,*( j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX <;L8I;F DFEKL=8I A8II@E 8:& ((/,( - d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% *) :K8% :K< ,'/,''+(+0 j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX <:FE% M@M@8E8 =CFIJ 8:& ((/,( . d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% *(0) 8C *)), :K8%:K< ,'',').+', j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX ,'',').+', 8:& ((/,( / d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% (.0 :K8% :K< (-),'')/-' j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX A8:HL<C@E< DFEKFP8 8:& ((/,( 0 d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% 0) 8C 0+ :K8% :K< (-),'')/-' j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX A8:HL<C@E< DFEKFP8 8:& ((/,( (' d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% *) :K8% :K< ,'.,'',//) j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX G8KI@:@8 :?@I@9F>8 8:& ((/,( (( d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% *' :K8% :K< ,'.,'',//) j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX G8KI@:@8 :?@I@9F>8 8:& ((/,( () d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% ).) :K8% :K< ,',,''+,(0 j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX D8I@8 J8C8Q8I 8:& ((/,( (* d^ 4444444 J\ Zfdle`ZX Xc glYc`Zf# cX 8elcXZ`fe gfi GyI;@;8 [\c Z_\hl\ Ef% ).*# ).+ :K8% :K< ,',,''+,(0 j`e ]`idX p j`e mXcfi# gi\j\ekX[X gfi \c ^`iX[fi Jij% X `kX D8I@8 J8C8Q8I 8:& ((/,( (+ d^ 4444444

COOPROGRESO ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '(('+,*)+, p C`Yi\kX [\ 8gfikXZ`fe\j Ef% '(.').-.-/ [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X 8>L@II< CFFI D8PI8 :FEJL<CF j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/*0 &( d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef ')('(+./*- p C`Yi\kX [\ 8gfikXZ`fe\j Ef% $ [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X ;< C8 :ILQ ?L8J>L8 J@CM8E8 ;<C IF:@F j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e Zfef$ Z`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/+( &) d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ :<IK@=@:8;F ;G='*(;G='''-,'+- [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X K@KL8z8 G8JKLz8 D@CKFE O8M@<I j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/+) &* d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '0'(()/-+, [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X IFA8J 8I@8J AF?E D8I:<C@EF j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/+* &+ d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef ','((+0/,( p C`Yi\kX [\ 8gfikXZ`fe\j Ef% ',.''(-/-+ [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X M@CC8II<8C ?<IE8E;<Q FJ:8I ;8M@; j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZl$ d\ekf cfj i\ZcXd\% 8:&((/++ &, d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '/'(*,*.-, p C`Yi\kX [\ 8gfikXZ`fe\j Ef% '/.''*-0,0 [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X :8II<I8 I<@E8 8E@K8 ><FI>@E8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/+, &- d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef ','(((+,-* p C`Yi\kX [\ 8gfikXZ`fe\j Ef% ',.''++/+. [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X >LQD8E IF><C <;@K? M@M@8E8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/+- &. d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '('(,0-*,. p C`Yi\kX [\ 8gfikXZ`fe\j Ef% '('.)/(0,' [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X ;@8Q M@CC8IIL<C B8I@E8 K8K@8E8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/+. &( d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef ')'()((-.* p C`Yi\kX [\ 8gfikXZ`fe\j Ef% ').''/,/() [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X =8I@E8E>F <E:8C8;8 ;@8E8 :8IFC8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZl$ d\ekf cfj i\ZcXd\% 8:&((/+/ &) d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef ')('(+...( [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X >L<II8 I<@EFJF G@C8I A8:HL<C@E< j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/+0 &* d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef (-'('')',* [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X G8MFE :F98 IFC8E;F ;8M@; j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/,' &+ d^ 44444

9kWdZe bei ^ecXh[i Z_Y[i0 bW [dYedjhÂ&#x192; 1 de iWX[d Yk|dje ^WY[ gk[ [ij|d i_[dZe XkiYWZei$

;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '*'()+-*(' p C`Yi\kX [\ 8gfikXZ`fe\j Ef% '*.'()/)'( [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X 8M@C<J :8JK<CC8EFJ E8I:@Q8 =<IE8E;8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZl$ d\ekf cfj i\ZcXd\% 8:&((/)+ &( d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '('(-*0+/) p C`Yi\kX [\ 8gfikXZ`fe\j Ef% '(.')+.(*0 [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X 9<K8E:FLIK 8I@8J ILK? <C<E8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/), &) d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '0(''/-0// [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X CFFI :<;<zF D8I@KQ8 D8I>8I@K8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/)- &* d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '+(')-0,., [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X 8:Lz8 J8IQFJ8 D8I@8 :I@JK@E8 j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/). &+ d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '+'(+/(.(* [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\e$ k\ X DLzFQ <EI@HL<Q A8EE<K? IFJ<D8IP j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZl$ d\ekf cfj i\ZcXd\% 8:&((/)/ &, d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef '.(''**.') p C`Yi\kX [\ 8gfikXZ`fe\j Ef% '..'')..0/ [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X >L8D8E :FCC8>L8QF D<I:<;<J j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZld\ekf cfj i\ZcXd\% 8:&((/)0 &- d^ 44444 ;\Y`[f X cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef (''((***0' [\ cX :ffg\iXk`mX [\ 8_fiif p :iÂ&#x201E;[`kf :ffgif^i\jf C`d`kX[X# g\ik\e\Z`\ek\ X DLHL@E:?< Q8D9FE@EF D8EL<C 8EKFE@F j\ gifZ\[\i} X XelcXicX% GXik`ZlcXi hl\ j\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf# gXiX hl\ hl`\e j\ Zi\X Zfe [\i\Z_fj jfYi\ \c d\eZ`feX[f [fZl$ d\ekf cfj i\ZcXd\% 8:&((/*' &. d^

BANCO PICHINCHA HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ,-, mXcfi --*#(, [\ cX :kX% :k\% Ef% *+*,-*)*'+ g\ik\e\Z`\ek\ X :FE>I<>8:@FE K<I:@8I@FJ :8GL:?@EFJ D9J [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& ( d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef (+') [\ cX :kX% :k\% Ef% **0,,,/+'+ g\ik\e\Z`\ek\ X E@:?FCJFE J8CM8;FI# 8EK?FEP$ =I8EB [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& ) d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef (0'( Xc (0-' [\ cX :kX% :k\% Ef% *',)+.,('+ g\ik\e\Z`\ek\ X :8II@FE M8C;@M@<JF# =I<;;P$D8LI@:@F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\$ i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& * d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef **/, Xc *+(' [\ cX :kX% :k\% Ef% *'-0,/+''+ g\ik\e\Z`\ek\ X :?@:8@Q8 D8EK@CC8#I8LC$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX

Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& + d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef *+(( Xc *++' [\ cX :kX% :k\% Ef% *'-0,/+''+ g\ik\e\Z`\ek\ X :?@:8@Q8 D8EK@CC8#I8LC$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& , d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef *++( Xc *+,' [\ cX :kX% :k\% Ef% *'-0,/+''+ g\ik\e\Z`\ek\ X :?@:8@Q8 D8EK@CC8#I8LC$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& - d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef (()-$ ((*.$((,+$((.' [\ cX :kX% :k\% Ef% *'*0//.*'+ g\ik\e\Z`\ek\ X 8@CCFE :8II8J:F# 8;<C8@;8$;< A<JLJ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& . d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ()(, mXcfi *''#'' [\ cX :kX% :k\% Ef% *')*0.(''+ g\ik\e\Z`\ek\ X KFC8 :<M8CCFJ#A8@D<$ <>9<IKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& / d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef .(0 Xc .)' [\ cX :kX% :k\% Ef% *+/))(,0'+ g\ik\e\$ Z`\ek\ X <J:F98I M<CFQ#J@CM@8$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& 0 d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ('). mXcfi )''#'' [\ cX :kX% :k\% Ef% *(/0+0+0'+ g\ik\e\Z`\ek\ X <JHL@M<C 8:FJK8# CFFIE8$9<C<E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (' d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ,-) Xc ,/' [\ cX :kX% :k\% Ef% *'-/)/))'+ g\i$ k\e\Z`\ek\ X IFA8J 9<K8E:FLIK# N@CC@8D$NC8;@D@I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\$ i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (( d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef .-( Xc .0' [\ cX :kX% :k\% Ef% *'.*,-(*'+ g\ik\e\$ Z`\ek\ X :L<M8 IF;I@>L<Q# D8I@<C8$ <L><E@8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& () d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ))( Xc )/' [\ cX :kX% :k\% Ef% *+*+/-(''+ g\ik\e\$ Z`\ek\ X D<E;<Q >8I:@8# G<;IF$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (* d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef )+-' [\ cX :kX% :k\% Ef% ***(..*.'+ g\ik\e\Z`\ek\ X CFG<Q FC@M8# <C@8E8$8E><C@K8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (+ d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef *'+ mXcfi ()'#'' [\ cX :kX% :k\% Ef% *'--)*+''+ g\ik\e\Z`\ek\ X IFD<IF 98I9<I@J# =8EEP$?<ID<C@E;8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (, d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef *', mXcfi (/'#'' [\ cX :kX% :k\% Ef% *'--)*+''+ g\ik\e\Z`\ek\ X IFD<IF 98I9<I@J# =8EEP$?<ID<C@E;8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (- d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef */+/ mXcfi (-'#'' [\ cX :kX% :k\% Ef% **+/),'.'+ g\ik\e\Z`\ek\ X GIFP<:KFJ < @E><E@<I@8 GIF@E> :@8 CK;8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (. d^ 444444

HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef .'/'-, mXcfi (''#'' [\ cX :kX% :k\% Ef% *'/,(0-)'+ g\ik\e\Z`\ek\ X :FCM@;8 J%8% [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (/ d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef +'0 mXcfi ,''#'' [\ cX :kX% :k\% Ef% *+*-0/.''+ g\ik\e\Z`\ek\ X 9FE@=8Q K8@G<# K@KF$ <EI@HL< [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (0 d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef (.0. [\ cX :kX% :k\% Ef% *),//),+'+ g\ik\e\$ Z`\ek\ X 8M@C8 J8ID@<EKF# ;8E@CF$ 8C=I<;F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& )' d^

BANCO INTERNACIONAL Gfi _XY\ij\ g\i[`[f cX C`Yi\kX [\ 8_fiifj [\ cX Zl\ekX Ef% 0''.('-(+ [\c 9XeZf @ek\ieXZ`feXc J%8%# j\ \jk} gifZ\[`\e[f X jl XelcXZ`Â?e% Hl`\e Zi\$ p\i\ k\e\i [\i\Z_f jfYi\ \jkX c`Yi\kX# [\Y\i} gi\j\ekXi jl i\ZcXdf Xc 9XeZf# [\ekif [\ cfj () [Â&#x2C6;Xj# ZfekX[fj [\j[\ cX Â&#x2019;ck`dX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% 8:&((/** ( d^ 4444444 Gfi _XY\ij\ g\i[`[f cX C`Yi\kX [\ 8_fiifj [\ cX Zl\ekX Ef% -,''/--)0' [\c 9XeZf @ek\ieXZ`feXc J%8%# j\ \jk} gifZ\[`\e[f X jl XelcXZ`Â?e% Hl`\e Zi\$ p\i\ k\e\i [\i\Z_f jfYi\ \jkX c`Yi\kX# [\Y\i} gi\j\ekXi jl i\ZcXdf Xc 9XeZf# [\ekif [\ cfj () [Â&#x2C6;Xj# ZfekX[fj [\j[\ cX Â&#x2019;ck`dX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% 8:&((/** ) d^ 4444444 Gfi _XY\ij\ g\i[`[f cX C`Yi\kX [\ 8_fiifj [\ cX Zl\ekX Ef% '-''.++.'( [\c 9XeZf @ek\ieXZ`feXc J%8%# j\ \jk} gifZ\[`\e[f X jl XelcXZ`Â?e% Hl`\e Zi\$ p\i\ k\e\i [\i\Z_f jfYi\ \jkX c`Yi\kX# [\Y\i} gi\j\ekXi jl i\ZcXdf Xc 9XeZf# [\ekif [\ cfj () [Â&#x2C6;Xj# ZfekX[fj [\j[\ cX Â&#x2019;ck`dX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% 8:&((/** * d^ 4444444 Gfi _XY\ij\ g\i[`[f cX C`Yi\kX [\ 8_fiifj [\ cX Zl\ekX Ef% +,'.)/+-* [\c 9XeZf @ek\ieXZ`feXc J%8%# j\ \jk} gifZ\[`\e[f X jl XelcXZ`Â?e% Hl`\e Zi\$ p\i\ k\e\i [\i\Z_f jfYi\ \jkX c`Yi\kX# [\Y\i} gi\j\ekXi jl i\ZcXdf Xc 9XeZf# [\ekif [\ cfj () [Â&#x2C6;Xj# ZfekX[fj [\j[\ cX Â&#x2019;ck`dX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% 8:&((/** + d^ 4444444 Gfi _XY\ij\ g\i[`[f cX C`Yi\kX [\ 8_fiifj [\ cX Zl\ekX Ef% +*'.,,.+) [\c 9XeZf @ek\ieXZ`feXc J%8%# j\ \jk} gifZ\[`\e[f X jl XelcXZ`Â?e% Hl`\e Zi\$ p\i\ k\e\i [\i\Z_f jfYi\ \jkX c`Yi\kX# [\Y\i} gi\j\ekXi jl i\ZcXdf Xc 9XeZf# [\ekif [\ cfj () [Â&#x2C6;Xj# ZfekX[fj [\j[\ cX Â&#x2019;ck`dX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% 8:&((/** , d^ 4444444 Gfi _XY\ij\ g\i[`[f cX C`Yi\kX [\ 8_fiifj [\ cX Zl\ekX Ef% +''.*+,0- [\c 9XeZf @ek\ieXZ`feXc J%8%# j\ \jk} gifZ\[`\e[f X jl XelcXZ`Â?e% Hl`\e Zi\$ p\i\ k\e\i [\i\Z_f jfYi\ \jkX c`Yi\kX# [\Y\i} gi\j\ekXi jl i\ZcXdf Xc 9XeZf# [\ekif [\ cfj () [Â&#x2C6;Xj# ZfekX[fj [\j[\ cX Â&#x2019;ck`dX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% 8:&((/** - d^ 4444444 Gfi _XY\ij\ g\i[`[f cX C`Yi\kX [\ 8_fiifj [\ cX Zl\ekX Ef% ,*''.'+('* [\c 9XeZf @ek\ieXZ`feXc J%8%# j\ \jk} gifZ\[`\e[f X jl XelcXZ`Â?e% Hl`\e Zi\$ p\i\ k\e\i [\i\Z_f jfYi\ \jkX c`Yi\kX# [\Y\i} gi\j\ekXi jl i\ZcXdf Xc 9XeZf# [\ekif [\ cfj () [Â&#x2C6;Xj# ZfekX[fj [\j[\ cX Â&#x2019;ck`dX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% 8:&((/** . d^

BANCO DE GUAYAQUIL J\ gfe\ \e ZfefZ`d`\ekf [\c gÂ&#x2019;Yc`Zf hl\ _\dfj j`[f efk`]`ZX[fj [\ cX gÂ&#x201E;i[`[X [\ cX C`Yi\kX [\ 8_fiifj Ef% 0-*0)/0 fkfi$ ^X[X gfi efjfkifj X1 :8JK@CCF A8:FD< AFI>< ;8E@CF 8:&((/,+ ( d^ 4444444 9XeZf [\ >lXpXhl`c J%8%# Zfdle`ZX Xc gÂ&#x2019;Yc`Zf hl\ \c j\Â&#x152;fi j A8D@ A8:?F D8I@8 KI8EJ@KF ?X [\ZcXiX[f hl\ \c cfj Z_\hl\ j ('+)0*$ ('+)0+ [\ jl Zl\ekX Zfii`\ek\ 0/'+0,( c\ ]l\ife jljkiXÂ&#x2C6;[fj \e YcXeZf p j`e ]`idX YXaf jl i\jgfejXY`c`[X[ Z`m`c p g\eXc hl\ j` j\ gi\j\ekXi\e Xc ZfYif cfj i\]\i`[fj Z_\hl\j# \jkfj jfe =8CJ@=@:8;FJ# p \e Zfej\Zl\eZ`X \c 9XeZf ef [\Y\i} gX^Xicfj% 8:&((/,* ) d^ 4444444 9XeZf [\ >lXpXhl`c J%8%# Zfdle`ZX Xc gÂ&#x2019;Yc`Zf hl\ \c j\Â&#x152;fi j >8IQFE :<J8I ?X [\ZcXiX[f hl\ \c cfj Z_\hl\ j (.. [\ jl Zl\ekX Zfii`\ek\ )''(')0' c\ ]l\ife jljkiXÂ&#x2C6;[fj \e YcXeZf p j`e ]`idX

YXaf jl i\jgfejXY`c`[X[ Z`m`c p g\eXc hl\ j` j\ gi\j\ekXi\e Xc ZfYif cfj i\]\i`[fj Z_\hl\j# \jkfj jfe =8CJ@=@:8;FJ# p \e Zfej\Zl\eZ`X \c 9XeZf ef [\Y\i} gX^Xicfj% 8:&((/,* * d^ 4444444 9XeZf [\ >lXpXhl`c J%8%# Zfdle`ZX Xc gÂ&#x2019;Yc`Zf hl\ \c j\Â&#x152;fi j G8JKI8EF FI><>8 D8EL<C ?X [\ZcXiX[f hl\ \c cfj Z_\hl\ j +- [\ jl Zl\ekX Zfii`\ek\ (0.'),+, c\ ]l\ife jlj$ kiXÂ&#x2C6;[fj \e YcXeZf p j`e ]`idX YXaf jl i\jgfejXY`c`[X[ Z`m`c p g\eXc hl\ j` j\ gi\j\ekXi\e Xc ZfYif cfj i\]\i`[fj Z_\hl\j# \e Zfej\Zl\eZ`X \c 9XeZf ef [\Y\i} gX^Xicfj% 8:&((/,* + d^ 4444444 9XeZf [\ >lXpXhl`c J%8%# Zfdle`ZX Xc gÂ&#x2019;Yc`Zf hl\ \c j\Â&#x152;fi j >8I:@8 >8I:@8 CLQ ;@M@E8 ?X [\ZcXiX[f hl\ \c cfj Z_\hl\ j .0$0)$0*$0+$0,$0/$00$(''$ ('($(')$('*$('+ [\ jl Zl\ekX Zfii`\ek\ -)0+-(/ c\ ]l\ife jljkiXÂ&#x2C6;[fj \e YcXe$ Zf p j`e ]`idX YXaf jl i\jgfejXY`c`[X[ Z`m`c p g\eXc hl\ j` j\ gi\j\ekXi\e Xc ZfYif cfj i\]\i`[fj Z_\hl\j# \jkfj jfe =8CJ@=@:8;FJ# p \e Zfej\Zl\eZ`X \c 9XeZf ef [\Y\i} gX^Xicfj% 8:&((/,* , d^ 4444444 9XeZf [\ >lXpXhl`c J%8%# Zfdle`$ ZX Xc gÂ&#x2019;Yc`Zf hl\ \c j\Â&#x152;fi j K<I8E DFJHL<I8 :<J8I 8L>LJKF ?X [\ZcXiX[f hl\ \c cfj Z_\hl\ j (**$ (*+$(*-$(*0 [\ jl Zl\ekX Zfii`\ek\ -)0-(*' c\ ]l\ife jljkiXÂ&#x2C6;[fj \e YcXe$ Zf p j`e ]`idX YXaf jl i\jgfejXY`c`[X[ Z`m`c p g\eXc hl\ j` j\ gi\j\ekXi\e Xc ZfYif cfj i\]\i`[fj Z_\hl\j# \jkfj jfe =8CJ@=@:8;FJ# p \e Zfej\Zl\eZ`X \c 9XeZf ef [\Y\i} gX^Xicfj% 8:&((/,* - d^ 4444444 9XeZf [\ >lXpXhl`c J%8%# Zfdle`ZX Xc gÂ&#x2019;Yc`Zf hl\ \c j\Â&#x152;fi j G@CCF J8>L8EF IFJ8 ?X [\ZcXiX[f hl\ \c cfj Z_\hl\ j ,)*-# ,)+,#,),)# ,),.# ,)-)# [\ jl Zl\ekX Zfii`\ek\ 0'+)''/ c\ ]l\$ ife jljkiXÂ&#x2C6;[fj \e YcXeZf p j`e ]`idX YXaf jl i\jgfejXY`c`[X[ Z`m`c p g\eXc hl\ j` j\ gi\j\ekXi\e Xc ZfYif cfj i\]\i`[fj Z_\hl\j# \jkfj jfe =8CJ@=@:8;FJ# p \e Zfej\Zl\eZ`X \c 9XeZf ef [\Y\i} gX^Xicfj% 8:&((/,* . d^ 4444444 9XeZf [\ >lXpXhl`c J%8%# Zfdle`ZX Xc gÂ&#x2019;Yc`Zf hl\ \c j\Â&#x152;fi j G8QD@zF DFI<@I8 =8I@E8 IFJ8LI8 ?X [\ZcXiX[f hl\ \c cfj Z_\hl\ j (*' [\ jl Zl\ekX Zfii`\ek\ 0+)-0+0 c\ ]l\ife jljkiXÂ&#x2C6;[fj \e YcXeZf p j`e ]`idX YXaf jl i\jgfejXY`c`[X[ Z`m`c p g\eXc hl\ j` j\ gi\j\ekXi\e Xc ZfYif cfj i\]\i`[fj Z_\hl\j# \jkfj jfe =8CJ@=@:8;FJ# p \e Zfej\Zl\eZ`X \c 9XeZf ef [\Y\i} gX^Xicfj% 8:&((/,* / d^

BANCO PROCREDIT 9XeZf GifZi\[`k J%8% gfe\ \e Zfef$ Z`d`\ekf [\c gÂ&#x2019;Yc`Zf# cX XelcXZ`Â?e gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj Ef% '+'-0'' Zl\ekX '('('((-')0(* [\ M<C8JK<>L@ 8CM8I8;F C@;8 =CFI@E;8% 8I&/+').&ah%

8ELC8:@FE<J M8I@8J 9XeZf K\ii`kfi`Xc X g\[`[f [\c Y\e\]`Z`X$ i`f# gfe\ \e ZfefZ`d`\ekf Xc gÂ&#x2019;Yc`Zf# hl\ j\ _X \okiXm`X[f \c :\ik`]`ZX[f Efd`eXk`mf [\ ;Â&#x201E;gfj`kf E² G=''(*''(/'0(( \d`$ k`[f \c *'&'*&)'((# Zfe m\eZ`d`\ekf ')&'/&)'(( X efdYi\ [\ M`ccXZÂ&#x2C6;j CfXZ_Xd`e D\iZ\[\j DXi`jfc% 8I&/*0.,&ah 44444444 Hl\[X XelcX[X C`Yi\kX [\ 8_fiifj Eif% ''('*(0.*+ [\c 9XeZf [\ =fd\ekf% 8I&/+')/&ah% 44444444 Hl\[X XelcX[X cX c`Yi\kX [\ 8_fiifj Ef% +,'(*-+/') g\ik\e\Z`\ek\ X D`^l\c 8e^lcf GXqd`Â&#x152;f [\ :ffg\iXk`mX )0 [\ FZklYi\% 8:&/((*,&k] 4444444 8elcXZ`Â?e [\ c`Yi\kX [\ 8_fiifj E1 Z +,'(*0**-0 ;`\^f I`ZXi[f 8`jgli Ifj\if% :ffg\iXk`mX )0 [\ FZklYi\% 8:&/((+)&k] 44444444 KĂ KLCF <OKI8M@8;F J\ Zfdle`ZX Xc gÂ&#x2019;Yc`Zf \c \okiXmÂ&#x2C6;f [\c j`^l`\ek\ kÂ&#x2C6;klcf [\ XZZ`Â?e [\c ZXg`kXc jfZ`Xc [\ cX ZfdgXÂ&#x152;Â&#x2C6;X K<:F:<C J%8% QFE8 =I8E:8 ?FJG@K8C ;< CFJ M8CC<J1 KÂ&#x2C6;klcf Ef% 1 (,'- EÂ&#x2019;d\if [\ XZZ`f$ e\j1 ) Gifg`\kXi`f1 D8I@8 :I@JK@E8 DFJ?<E<B 9FC8zFJ <c kÂ&#x2C6;klcf Xek\j [\kXccX[f j\i} XelcX[f \e ZXjf [\ ef gi\j\ekXij\ e`e^Â&#x2019;e i\ZcXdf jfYi\ \c d`jdf \e le cXgjf [\ *' [Â&#x2C6;Xj ZfekX[fj [\j[\ cX k\iZ\iX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% Hl`kf# , [\ X^fjkf [\c )'(( >\i\eZ`X >\e\iXc 8G&,''+(&ZZ 4444 KĂ KLCF <OKI8M@8;F J\ Zfdle`ZX Xc gÂ&#x2019;Yc`Zf \c \okiXmÂ&#x2C6;f [\c j`^l`\ek\ kÂ&#x2C6;klcf [\ XZZ`Â?e [\c ZXg`kXc jfZ`Xc [\ cX ZfdgXÂ&#x152;Â&#x2C6;X ?FJG@=LKLIF J%8% KÂ&#x2C6;klcf Ef%1 */' EÂ&#x2019;d\if [\ XZZ`f$ e\j1 ).' Gifg`\kXi`f1 I@:8I;F @M8E =I<@I< IFD8E

<c kÂ&#x2C6;klcf Xek\j [\kXccX[f j\i} XelcX[f \e ZXjf [\ ef gi\j\ekXij\ e`e^Â&#x2019;e i\ZcXdf jfYi\ \c d`jdf \e le cXgjf [\ *' [Â&#x2C6;Xj ZfekX[fj [\j[\ cX k\iZ\iX glYc`ZXZ`Â?e [\ \jk\ Xm`jf% Hl`kf# , [\ X^fjkf [\c )'(( >\i\eZ`X >\e\iXc 8G&,''+'&ZZ 44444 8elcXZ`Â?e% Gfi gÂ&#x201E;i[`[X [\c kÂ&#x2C6;klcf [\ XZZ`Â?e Ef% **' gfi +'#'' [Â?cXi\j [\ Ă&#x2C6;>8JG<KJ8Ă&#x2030; X efdYi\ [\ JXe[iX [\c :`je\ :Xig`f 9\Z\iiX 8G&,''-(&ZZ 444444 <c LE@98E:F Zfdle`ZX Xc gÂ&#x2019;Yc`Zf hl\ gfi gÂ&#x201E;i[`[X j\ mX X gifZ\[\i X Xel$ cXi cfj Z_\hl\j ^`iX[fj ZfekiX \jk\ 9XeZf p ZlpXj ZXiXZk\iÂ&#x2C6;jk`ZXj jfe cXj j`^l`\ek\j1 Ef% ((0.$ ((0/$ ((00$ ()'' >`iX[fi1 AL8E :8ICFJ :8II<8 :kX% (./('''/0( 8:&((/,) ( D>

BANCO RUMIĂ&#x2018;AHUI Hl\[X XelcX[f \c Z\ik`]`ZX[f [\ [\gÂ?j`$ kf X gcXqf ]`af /'.0,0',(' X efdYi\ [\ I<9<:8 G@<;8; M@K<I@ \dk`[f gfi \c 9XeZf >\e\iXc Ild`Â&#x152;X_l` \c (0 [\ FZklYi\ [\ )'(' p m\eZ`d`\ekf Xc *' [\ DXiqf [\ )'((% 8I& /*0/-&ah 444444 HL<;8 8ELC8;8 Gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj :kX%Ef%$/'/'.(./'' Eif% :XikfcX (-,,+,/')*0 [\c 9XeZf Ild`Â&#x152;X_l`% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj () [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& ( d^ 44444 HL<;8 8ELC8;8 Gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj :kX%Ef%$/)+*-*-,'' Eif% :XikfcX (/).0*+'''- [\c 9XeZf Ild`Â&#x152;X_l`% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj () [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& ) d^ 44444 HL<;8 8ELC8;8 Gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj :kX%Ef%$/'.0+(-('' Eif% :XikfcX (.+,-)/'*-, [\c 9XeZf Ild`Â&#x152;X_l`% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj () [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& * d^ 44444 HL<;8 8ELC8;8 Gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj :kX%Ef%$/(+.'*-('' Eif% :XikfcX (.,'+/(''/' [\c 9XeZf Ild`Â&#x152;X_l`% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj () [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& + d^ 44444 HL<;8 8ELC8;8 Gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj :kX%Ef%$/'*+/)+)'' Eif% :XikfcX (.*)*'/')() [\c 9XeZf Ild`Â&#x152;X_l`% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj () [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& , d^ 44444 HL<;8 8ELC8;8 Gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj :kX%Ef%$/'/,'+.)'' Eif% :XikfcX (/'.0/+'''. [\c 9XeZf Ild`Â&#x152;X_l`% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj () [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& - d^ 44444 HL<;8 8ELC8;8 Gfi gÂ&#x201E;i[`[X [\ cX c`Yi\kX [\ X_fiifj :kX%Ef%$/'--/.*('' Eif% :XikfcX (-,''/-'(*( [\c 9XeZf Ild`Â&#x152;X_l`% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj () [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& . d^

BANCO DEL AUSTRO Gfi fi[\e [\c k`klcXi# j\ gifZ\[\i} X cX I<MF:8KFI@8 [\ gX^f gfi1 :_\hl\ Ef% )'. % :l\ekX :fii`\ek\ (.-'/0(- MXcfi1 ,* 9\e\]`Z`Xi`f D8PI8 G<I<Q Dfk`mf JLJKI8::@FE 8:& ( d^ 444444 Gfi fi[\e [\c k`klcXi# j\ gifZ\[\i} X cX I<MF:8KFI@8 [\ gX^f gfi1 :_\hl\ Ef% '''.*( % :l\ekX :fii`\ek\ (.-'-)-* MXcfi1 )*' 9\e\]`Z`Xi`f CL@J G8II8 Dfk`mf G<I;@;8 8:& ) d^ 444444 Gfi fi[\e [\c k`klcXi# j\ gifZ\[\i} X cX I<MF:8KFI@8 [\ gX^f gfi1 :_\hl\ Ef% *((/ % :l\ekX :fii`\ek\ (,''+'') Dfk`mf G<I;@;8 8:& * d^ 444444 Gfi fi[\e [\c k`klcXi# j\ gifZ\[\i} X cX I<MF:8KFI@8 [\ gX^f gfi1 :_\hl\ Ef% )*' % :l\ekX :fii`\ek\ (,'))0.* Dfk`mf G<I;@;8 8:& + d^ 444444 Gfi fi[\e [\c k`klcXi# j\ gifZ\[\i} X cX I<MF:8KFI@8 [\ gX^f gfi1 :_\hl\ Ef% +$,$.$(-$(0$))$)+$).$*' % :l\ekX :fii`\ek\ (,'))0)) Dfk`mf G<I;@;8 8:& , d^


Turn static files into dynamic content formats.

Create a flipbook
Edición impresa Revista judicial del 9 de agosto de 2011 by LA HORA Ecuador - Issuu