Catálogo Ésika Chile C13

&+,/( & ZZZ HVLND EL]

0=J AHAC=JPA P=J éJE?= Oß ANAO Pé =Oß AO /LA?E=H

=@= @AP=HHA PA D=?A

AOLA?E=H

0K@K PA MQA@= LANBA?PK PQ RAOPE@K HKO V=L=PKO H=O FKU=O

AOPbO ?=OE HEOP=

/KHK PA B=HP= AOA éHPEIK PKMQA AOLA?E=H ?KJ AH MQA @AOHQI>N=NbO = PK@KO /LA?E=H AH =NKI= MQA D=Nb @QN=N PQ AHAC=J?E= P=JPK ?KIK Pé MQEAN=O DKN= O=>AO MQA PK@=O H=O IEN=@=O OANbJ L=N= PE -QA PQ >AHHAV= HKO @AF=Nb OEJ L=H=>N=O -QA PQ AHAC=J?E= OANb AOLA?E=H

(6(1&,$6 $520$6

!NAO AOLA?E=H PQ LANBQIA P=I>EÛJ 1J =NKI= P=J AHAC=JPA ?KIK Pé

DURPDV .+)¡*0% +/

!J AH BKJ@K PK@=O OKIKO NKIbJPE?=O 'XOFH 5RPiQWLFD $PRU FKDPSDJQH \ FiOLGRV WRTXHV GH YDLQLOOD

'( '(6&8(172 (1 ),25,

)ORUDO 5RPiQWLFD $UPRQLRVR EXTXp GH µ RUHV TXH WH LQYLWD D VRxDU

$Â11$5$ (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

),25, (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ ),25, (1 78 3,(/

(6(1&,$6 $520$6 %** .

0Q =NKI= AO H= HH=RA @A PQO OQAãKO DDD

HKO =NKI=O

JKO PN=JOLKNP=J JKO D=?AJ OKã=N JKO EJOLEN=J OAJO=?EKJAO éJE?=O U JKO D=?AJ OAJPEN RAN@=@AN=IAJPA AOLA?E=HAO 1J =NKI= LQA@A ?KJRANPEN QJ= JK?DA ?Q=HMQEAN= AJ QJ= JK?DA AOLA?E=H AF= MQA PQ =NKI= PA CQßA U ?QILHA PQO IbO OKã=@=O B=JP=Oß=O

"%+.%

DURPDV /!*/1 (!/

'XOFH 6HQVXDO ,UUHVLVWLEOH PXVN \ WHQWDGRUDV IUDPEXHVDV

'XOFH 6HQVXDO +LSQyWLFR FRQWUDVWH GH EHUJDPRWD \ PXVN VHGXFH LQWHQVDPHQWH

5(' ,17(16( (DX GH SDUIXP DWRPLVHXU PO IO R]

,1&,7$17 (DX GH SDUIXP DWRPLVHXU PO IO R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

(6(1&,$6 $520$6

0é PEAJAO QJ OA?NAPK

L=N= OA@Q?ENHK L=N= D=?ANHK ?=AN NAJ@E@K = PE

6(&5(7 086.

(DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

(VSHFLDGD 6HQVXDO $SDVLRQDQWHV HVSHFLDV SHUIXPDQ WX SLHO SDUD JXLDU VXV EHVRV

DURPDV /!*/1 (!/

)ORUDO 6HQVXDO &RTXHWDV QRWDV GH LULV \ RUTXtGHDV MXHJDQ FRQ XQ WRTXH GH PXVN

3$66,21 086.

(DX GH SDUIXP DWRPLVHXU PO IO R]

6(;< *2/' (DX GH SDUIXP PO IO R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

)ORUDO 6HQVXDO 6HQVXDOHV RUTXtGHDV EODQFDV \ µ RU GH QDUDQMR

(6(1&,$6 $520$6

-QA OA NEJ@= = PQO AJ?=JPKO

U MQA OAL= MQA ?Q=J@K @AOA=O =HCK JK LQA@AO AOLAN=N

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ 9(+(0(1&( 3$5$ (//$ (1 78 3,(/

)ORUDO 6HQVXDO 7HQWDGRUDV QRWDV GH URVD GDPDVFHQD \ PXJXHW

'( '(6&8(172 (1 9(+(0(1&( 3$5$ (//$

9(+(0(1&( 3$5$ (//$ (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

z-QÛ =NKI= R= IAFKN ?KJPECK

/ 5$ 2 )/

)/ 25 $/

( /& '8

'8 /& (

/ $ 87 )5

2 ,& 75 &À

&À 75 ,& 2

'2 ,$ (& 3 (6

(6 3( &, $' 2

)5 87 $/

,9$ &7 $

6(168 $/

$

& ,

7 1

0½

52

(/(* $1 7(

AO?é>NAHK AJ AH >=JE?K @A NKI=O @A ^OEG=

)/25$/

'8/&(

)587$/

(63(&,$'2 &À75,&2

&À75,&2 (63(&,$'2 )587$/

'8/&(

)/25$/

«O=HK =Oß 1>E?= QJK @A HKO CNQLKO OACéJ PQ AOPEHK !HAC=JPA .KIbJPE?= /AJOQ=H K ?PER=

(QACK AHECA AH PELK @A =NKI= OACéJ H= B=IEHE= KHB=PER= "HKN=H QH?A "NQP=H !OLA?E=@K K ßPNE?K

!OP=O OAã=HAO PA =UQ@=NbJ = AJ?KJPN=N PQ =NKI= AJ AH ?=PbHKCK DURPDV !(!# *0!/

,PiJHQHV ,PiJHQHV 'LDPRQGV 6SHFLDO ;LDQD

DURPDV .+)¡*0% +/

*UD]]LD 5RPDQ]L )LRUL 9DQLOOD 6FHQW $wQQDUD

DURPDV /!*/1 (!/

*UD]]LD ([RWLF *UD]]LD 3DUDGLVH 3DVVLRQ 0XVN 9HKHPHQFH SDUD HOOD 5RVH 5RVH 6H[\ *ROG %HDXW\ 5HG 'DQ]]tD 5HG ,QWHQVH ,QFLWDQW -DGLVV 6HFUHW 0XVN

DURPDV 0%2+/

([SUHVVLRQ eODQLH *\UD 0RPHQWRV 9LEUDQWHV 0RPHQWRV /LEHUWDG <RX <RX /LYH

-$',66 (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)527$ $48À < 6,(17( (/ $520$ (1 78 3,(/

(6(1&,$6 $520$6

$A?DßV=HK ?KIK OKHK Pé O=>AO

DURPDV /!*/1 (!/

0Q NEPIK PQ =NKI= ?KJMQßOP=HK L=OK = L=OK Pé O=>AO ?äIK

'XOFH 6HQVXDO 3URYRFDWLYR µ LUWHR GH RUTXtGHD FDOLSVR \ VRUEHWH GH SHUD

'$1==À$ (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

&yG

9DORUL]DGR HQ

)ORUDO 6HQVXDO 'HOLFDGDV URVDV XQ WRTXH GH YDLQLOOD \ PXVN

1J= NKO= L=N= KPN= NKO=

!TLNAO= PK@= PQ OAJOQ=HE@=@ J=PQN=H ?KJ QJ =NKI= EJOLEN=@K AJ PE

(6(1&,$6 $520$6

526( 526( (DX GH SDUIXP DWRPLVHXU PO IO R]

AO?Q>NA AH NKFK MQA D=U AJ PE

%($87< 5(' (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)ORUDO 6HQVXDO 8Q DURPD DEVROXWR GH URVDV \ MD]PtQ UHYHOD WRGD OD LQWHQVLGDG GH WX HVHQFLD GH PXMHU

(6(1&,$6 $520$6

(= AHAC=J?E= D=?A éJE?K PQ AOPEHK 'XOFH (OHJDQWH $QXQFLD WX OOHJDGD FRQ XQD H[TXLVLWD IXVLyQ GH RUTXtGHD QHJUD \ GXUD]QR

;,$1$ (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

{-QÛ >EAJ PA R=J HKO @E=I=JPAOÎ

)ORUDO (OHJDQWH 'HVOXPEUD FRQ URVDV GH %XOJDULD \ JDUGHQLDV

,0½*(1(6 ',$021'6 (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

(=O BN=C=J?E=O MQA R=J LANBA?PK ?KJ AHHKO U AHH=O

(6(1&,$6 $520$6

/EAILNA Pé

<28 )UDJDQFLD XQLVH[ (DX GH WRLOHWWH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

(DX GH WRLOHWWH DWRPLVHXU PO IO R] &tWULFD $FWLYD /D IUHVFXUD GH PDQGDULQDV LWDOLDQDV FRQ KRMDV GH EDPE~

&yG

9DORUL]DGR HQ

<28 /,9( )UDJDQFLD XQLVH[ (DX GH WRLOHWWH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

&tWULFD $FWLYD (VSRQWiQHDV QRWDV GH OLPyQ \ PDQGDULQD

DURPDV 0%2+/

0Q =HACNß= ?KJP=CE=

'( '(6&8(172

e/$1,( (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)ORUDO $FWLYD $OHJUH IXVLyQ GH JDUGHQLDV \ DPRU SRU OD YLGD

(6(1&,$6 $520$6

DURPDV 0%2+/

)ORUDO $FWLYD ([SUHVD WXV VHQWLPLHQWRV FRQ µ RU GH QDUDQMR MD]PtQ \ PLPRVDV

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

(6(1&,$6 $520$6

'( '(6&8(172

(;35(66,21 (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

Q=HMQEAN K?=OEäJ AO QJ >QAJ LNAPATPK L=N= AOP=N FQJP=O

DURPDV 0%2+/

!NAO AOLKJPbJA= U KLPEIEOP= ,KN AOK AOPKO =NKI=O OKJ LANBA?PKO L=N= PE

78 2)(57$ (675(//$

)527$ $48À < 6,(17( (/ $520$ '( 020(1726 /,%(57$' (1 78 3,(/

AHE?EKOK =NKI= U PKP=H OQ=RE@=@ (= ?KI>EJ=?EäJ LANBA?P= L=N= D=?AN @A PQ LEAH QJ= RAN@=@AN= PAJP=?EäJ

&yG

&yG

&yG

&yG

&yG

&yG

78 2)(57$ (675(//$

/RFLRQHV SHUIXPDGDV PO IO R] 9DORUL]DGR HQ

&yG

&yG

&yG

&yG

&yG

&yG

!OA =NKI= P=J BNAO?K MQA PA D=?A >NEHH=N /ACQNK AO @A H=O ?KHKJE=O .AOLH=J@AOO MQA @AF=J DANIKOKO >NEHHKO AJ PQ LEAH

(6(1&,$6 $520$6

NEHHKO AJ PQ LEAH

5(63/$1'(66 &RORQLD FRQ EULOORV PO IO R] &yG

5(63/$1'(66 ,//86,21 &RORQLD FRQ EULOORV PO IO R] &yG

5(63/$1'(66 )/25(66 &RORQLD FRQ EULOORV PO IO R] &yG

9DORUL]DGDV HQ F X F X

)527$ $48À < 6,(17( (/ $520$ 5(63/$1'(66 )/25(66 (1 78 3,(/

)ORUDO /LPD YHUGH \ JDUGHQLDV WH OOHQDQ GH DOHJUtD \ RSWLPLVPR

)ORUDO )UDJDQWHV OLULRV WH HQYXHOYHQ HQ HQVXHxR

)ORUDO 6HQVXDOHV µ RUHV GHO 2ULHQWH GHVSLHUWDQ WX VHQVXDOLGDG

(HAR= HKO =NKI=O @A H= J=PQN=HAV= AJ PQ LEAH KJ HKO NEMQßOEIKO F=>KJAO U ?KHKJE=O "NQEPO Ó "HKSANO

-DERQHV OtTXLGRV

F X

F X

(6(1&,$6 $520$6

&RORQLDV

*5$7,6 Ã&#x201E;OHR FRUSRUDO 6HQVXDOO\ 5RVH GH PO µ R] SRU OD FRPSUD GH XQ SURGXFWR GH HVWD SiJLQD

-QÃ&#x203A; OAJOQ=HE@=@ P=J @AHE?=@= KIK AH OQ=RA =NKI= @A H=O BHKNAO AJ LNEI=RAN=

9DORUL]DGR HQ

6HQVXDOO\ 5RVH ([TXLVLWD FRPELQDFLyQ GH URVDV \ DFHLWHV DURPiWLFRV

/RFLyQ FRUSRUDO PO IO R] 6HQVXDOO\ 5RVH &yG 3DVVLRQ /LOO\ &yG 6HGXFLQJ 2UFKLGHD &yG 9DORUL]DGDV HQ F X F X

(6(1&,$6 $520$6

&RORQLD 6HGXFWRUHV \ IUHVFRV DURPDV TXH DFDULFLDQ WX SLHO

/RFLyQ FRUSRUDO 'HMD WX SLHO VXDYH \ SHUIXPDGD

&RORQLD PO IO R] 6HQVXDOO\ 5RVH &yG 3DVVLRQ /LOO\ &yG 6HGXFLQJ 2UFKLGHD &yG 9DORUL]DGR HQ F X F X

3DVVLRQ /LOO\ ([yWLFD HVHQFLD GH LQVLQXDQWHV SpWDORV

6HGXFLQJ 2UFKLGHD 3URYRFDWLYDV RUTXtGHDV SHUIXPDQ WX SLHO

HHAJ=NOA @A AJANCß=Î .AREP=HEV= PQO OAJPE@KO ?KJ AOPA @AHE?EKOK =NKI= BNQP=H L=N= MQA OEC=O ?KJ PQ EJ=CKP=>HA AJANCß= PK@K AH @ß=

1J =NKI= @AHE?EKOK OKHK L=N= PE

.AREP=HEV=JPA =NKI= BNQP=H @A @QN=VJKO BNAO=O U BN=I>QAO=O

(6(1&,$6 $520$6

&RORQLD $QLPD WX GtD FRQ XQ UHYLWDOL]DQWH DURPD IUXWDO

/26

$

9DORUL]DGR HQ

&yG

$+255$

&216,e17(7(

(QHUJ\ &RORQLD PO IO R] 9DORUL]DGR HQ -DEyQ OtTXLGR SDUD PDQRV PO IO R] 9DORUL]DGR HQ /RFLyQ FRUSRUDO PO IO R] 9DORUL]DGR HQ

/RFLyQ FRUSRUDO 6HQVDFLyQ GH VXDYLGDG HQ WRGR WX FXHUSR -DEyQ OtTXLGR SDUD PDQRV 'HMD WXV PDQRV OLPSLDV VXDYHV \ FRQ XQ H[TXLVLWR DURPD

)=JKO P=J OQ=RAO ?KIK H= OA@= Oß MQA@=J PQO I=JKO ?KJ H= ?NAI= KJOEÛJPAPA !JANCU

(6(1&,$6 $520$6

;

; 3URGXFWR

[

[

&UHPD SDUD PDQRV

&yG

&yG

&UHPD SDUD PDQRV /DV GHMD VHGRVDV \ SURWHJLGDV GH OD UHVHTXHGDG \ FRQ XQ GHOLFLRVR DURPD HQHUJL]DQWH

&216,e17(7( (QHUJ\ &UHPD SDUD PDQRV PO IO R] 9DORUL]DGR HQ

=HA = PQO H=>EKO QJ =?=>=@K MQA HKO D=C= @AOHQI>N=N

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

/DELDO EULOOR IDQWiVWLFR URMR LUUHVLVWLEOH GHOLQHDGRU OtTXLGR QHJUR PiVFDUD HIHFWR H[WHQVLRQHV QHJUR

z0A CQOP=J PQO H=>EKO $=VHKO >NEHH=N

/DELDO OtTXLGR EULOOR XOWUD IDQWiVWLFR PO IO R] 9DORUL]DGR HQ

/22. &2/25

)bTEIK >NEHHK !BA?PK IKF=@K *K LAC=FKOK

'( '(6&8(172 (1 /$%,$/ /À48,'2 %5,//2 8/75$ )$17½67,&2

.+/ /$%*!

+. ( /,( /$

&yG

&yG

.+&+ .+/ + %..!/%/0% (! ) #*!0% &yG

&yG

.+/ + " /$%+*

.!* /1*/$%*!

.+* ! .%#$0

) ..¨* .+1#!

&yG

&yG

&yG

&yG

* . *& .! )

.+&+ /$%*!

"1 /% $%

.+/ !!,

&yG

&yG

&yG

&yG

$!..5 ) #%

$!..5 /$%*!

&yG

&yG

)QAOPN= AH ?KHKN MQA D=U AJ PE / * % +-1!0 &yG

AHE?EKOK O=>KN !TMQEOEPK =NKI= NEHHK PAJP=@KN %ULOOR ODELDO VDERU LUUHVLVWLEOH PO IO R] 9DORUL]DGR HQ

".!/ / +* .!) &yG

!(% % ! ) * .%* ".!/ ,.+2+ %¨*

&yG

&yG

) *& . * 01. ( &yG

!.!6 /! 1 %¨* ". ) 1!/ %.1!( #+(+/ %..!/%/0% (! &yG

&yG

,.% $+ ) *6 * ! )+. !* *!( &yG

&yG

&yG

KHKN AO =HACNß= AO RE@= AO LQN= ATLNAOEäJ BAIAJEJ= MQA = PN=RÛO @A PQO H=>EKO PQ IEN=@= PQO Qã=O U PQ LEAH ?KJOECQA HKCN=N QJ= =NIKJß= LANBA?P= MQA IQAOPN= HK IAFKN @A PE

Oß AO AH I=MQEHH=FA {!TLNÛO=PAÎ

(=>EKO L=N= >AO=N

H=>E=H L=N= >NEHH=N

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

/DELDO GHVWHOORV GH FRORU URMR GHVWHOORV FLDUWHWR URVD LOOXVLRQ PiVFDUD DSD QHJUR \ GHOLQHDGRU HQ ODS] QHJUR

".!/ !/0!((+/

"1 /% !/0!((+/

&yG

2%*+ !/0!((+/ &yG

/22. &2/25

.+&+ !/0!((+/ &yG

&yG

.+/ !/0!((+/ &yG

'( '(6&8(172

/DELDO GHVWHOORV GH FRORU J R] 9DORUL]DGR HQ

* 01. ( !/0!((+/

, (+ .+/ !/0!((+/

/ ()¨* !/0!((+/

&yG

&yG

&yG

$+ +( 0! !/0!((+/ &yG

+. + !/0!((+/ &yG

KHKN U >NEHHK =L=O @A LANH=O MQA NABHAF=J H= HQV 0ATPQN= ?NAIKO=

)+ !/0!((+/ &yG

+. ( !/0!((+/ &yG

z-QÃ&#x203A; H=>E=H R= ?KJPECK )$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

/$%,26 0½6 '(),1,'26

(=>E=H U @AHEJA=@KN ?KJ AH ?KHKN AT=?PK LHE?=?EäJ LNA?EO= /DELDO 'HOLQHDGRU J R] 9DORUL]DGR HQ

.+/ !((!

+. ( /! 1 0%+*

&yG

&yG

$!..5 ( //

!.!6 !!,

+""!! /3!!0

&yG

&yG

&yG

)bTEI= OQ=RE@=@ ?=>=@K HEOK AHE?EKOK O=>KN U =NKI=

.! /1,.!)!

.+/ * 5 &yG

&yG

/DELDO GHOLQHDGRU FHUH]D GHHS

/$%,26 &21 7(;785$ 68$9( "1 /% /! 1 0+. &yG

/DELDO XOWUD VXDYL]DQWH J R] 9DORUL]DGR HQ

.+&+ ,.+2+ %¨* &yG

.+/ +-1!0

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

.+/ %*0.%# &yG

.+&+ 2%2 6

&yG

&yG

.+/ + )¡#% +

) ..¨* 0!*0 %¨*

&yG

) ..¨* +0+_+ &yG

&yG

"1 /% " *0 /¤ &yG

/DELDO XOWUD VXDYL]DQWH URMR SURYRFDFLyQ

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

/22. &2/25

&2/25 ,17(162 325 08&+2 0½6 7,(032

/DELDO ODUJD GXUDFLyQ URMR ILHVWD "1 /% !(%.%+

KHKN MQA OA =@DEANA LKN IbO PEAILK 0ATPQN= OQ=RA

&yG

#. * 0! $%

.+&+ "%!/0

&yG

&yG

) ..¨* ) « &yG

/DELDO GH ODUJD GXUDFLyQ J R] 9DORUL]DGR HQ

.+/ "%+.!((! &yG )$&725 '( 3527(&&,Ã&#x201E;1 62/$5

) ..¨* 1.#1* 5

2%*+ !/!+

2%+(!0 " /$%+*

&yG

&yG

&yG

.+&+ /!45

.+/ /! 1 %¨*

&yG

&yG

)36

"1 /% 0!*0 %¨*

"1 /% !1"+.%

&yG

&yG

"1 /% /1 (%)! &yG

2%*+ +1-1!0 &yG

.+&+ , /%¨* &yG

) ..¨* " * 0%

* 01. ( 1*!

) ..¨* $ 2 *

&yG

&yG

&yG

)bO DE@N=P=@KO IbO HEJ@KO

/$%,26 0½6 +,'5$7$'26

/DELDO KLGUDWDQWH H[WUHPR URMR OXMXULD RFWHWR FODVVLF JROGHQ GHOLQHDGRU QHJUR \ PiVFDUDV D SUXHED GH DJXD QHJUR

1JKO H=>EKO DéIA@KO OKJ OEAILNA IbO LNKRK?=PERKO

$E@N=P=?EäJ ATPNAI= LKN DKN=O UQ@= = MQA PQO H=>EKO NA?QLANAJ AH JERAH @A =CQ= MQA JA?AOEP=J /DELDO KLGUDWDQWH H[WUHPR J R] 9DORUL]DGR HQ

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

". ) 1!/ ) *%

&yG

!.!6 $! $%6+ "^ )+

.+/ 1(61. &yG

&yG

.+&+ (1&1.% &yG

.+/ !* *0+ &yG

* . *& ,.%) 2!. &yG

) #!*0 0. 2%!/ &yG

"1 /% #( ) &yG

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

.+/ "1 /% .+&+ 10%2 *0! %*0.%# *0! .+)¡*0% &yG

.+/ %2 &yG

&yG

&yG

.+&+ !/!+

.+/ !/,(!* +.

&yG

+.#+_ )+. + /!45 !41 !. *0! &yG

&yG

&yG

+. ( $% &yG

/22. &2/25

* . *& 2%2 6 &yG

5RVD GLYLQD

)XFVLD IDQF\

) #!*0 0.!2% &yG

5RVDGR WHQWDFLyQ

0DUUyQ FiOLGR

.+/ + 0!*0 %¨* &yG

.+&+ $!..5 &yG

0DJHQWD DWUHYLGD

5RMR FKHUU\ 2%*+ #( )+1. &yG

%JPAJOKO

?KIK PQO >AOKO ) ..¨* ¡(% +

(=>EKO = PK@K ?KHKN LNKRK?=PERKO A ENNAOEOPE>HAO

&yG

.+/ %2%*

KHKN EJPAJOK @AO@A H= LNEIAN= =LHE?=?EäJ KHKNAO RE>N=JPAO /Q=RA =LHE?=?EäJ /DELDO HQ EDUUD Pi[LPR FRORU J R] 9DORUL]DGR HQ

&yG

+. ( /$%*! &yG

"1 /% " * 5 &yG

/DELDO FODVVLF FRORU SLPLHQWD FDOLHQWH GHOLQHDGRU OtTXLGR DFDEDGR SURIHVLRQDO QHJUR \ FXDUWHWR GH VRPEUDV URVD LOOXVLRQ

KHKNAO MQA OEAILNA R=J ?KJPECK $=U ?KHKNAO MQA OEAILNA MQA@=NbJ >EAJ AJ PQO H=>EKO

LKNMQA QJ ?HbOE?K JQJ?= PA B=HH=

KHKNAO MQA ?KI>EJ=J ?KJ PK@K PQ HKKG PQ bJEIK

KJ REP=IEJ= ! =?AEPAO RACAP=HAO U ?AN=O

/DELDO FODVVLF FRORU J R] 9DORUL]DGR HQ

.+/ /+"0 &yG

0!.. /!.!*!

.+*6! $ .)

&yG

&yG

".!/ )+)!*0

.+&+ .0%/0

&yG

&yG

.+/ #(+3 "1 /% + !

&yG

,%)%!*0 (%!*0!

&yG

&yG

$!..5 .! ) &yG

#1%* 0.!* 5 1. 6*+ %) #%*! &yG

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

&yG

/22. &2/25

z QO?=O H= IAFKN ?KI>EJ=?EäJ &QAC= ?KJ ?KHKNAO MQA Oß K Oß PA MQA@=NbJ @A HQFK

(%( !)+0%+* &yG

EOPNE>Q?EäJ E@A=H @A PKJKO "äNIQH= NAJKR=@= =DKN= ?KJ I=UKN ?=NC= @A ?KHKN U IbO =@DANAJ?E= LHE?=?EäJ QJEBKNIA )K@ANJK AOPQ?DA &XDUWHWR GH VRPEUDV J R] 9DORUL]DGR HQ

OLOD HPRWLRQ

61( + ! *

2%*+ /3!!0

!/)!. ( (14

.+/ $%

61( #+( !*

#. * 0! + !

2!. ! &1*#(!

&yG

&yG

&yG

&yG

&yG

&yG

&yG

(%( !)+0%+*

.+/ %((1/%+*

.+/ 2%*0 #!

,( 0 .+* !

01.-1!/ !/%#*

)+. + , //%+*

) ..¨* ( //%

&yG

&yG

&yG

&yG

&yG

&yG

&yG

+(+. /5),$+*5 &yG

.!* /'5 &yG

( //% #+( !* &yG

.+) *0% +(+./ &yG

+0+_+ $% &yG

!1"+.% (1!/ &yG

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

)bO Bb?EH @A ?KI>EJ=N

{EILKOE>HAÎ

78 2)(57$ (675(//$

AO?Q>NA HKO JQARKO ?KHKNAO @A HKO K?PAPKO @A OKI>N=O PKJKO LANBA?P=IAJPA ?KI>EJ=@KO L=N= HKCN=N ?EAJPKO @A HKKGO

+(+. /5),$+*5 &yG

7RQRV ,OXPLQDGRUHV

*QARKO PKJKO OéLAN ?KI>EJ=>HAO 2=NEA@=@ @A ?KI>EJ=?EKJAO 2FWHWR GH VRPEUDV J R] 9DORUL]DGR HQ

7RQRV 0HGLRV

7RQRV 3URIXQGL]DGRUHV

&yG

) #!*0 2% . *0!

01.-1!/ #( )+1.

&yG

.1 ¤ %*0!*/+

&yG

!.+ $%

&yG

+ + #+(+/

&yG

*!#.+ +/ +

&yG

,( 0 (14!

&yG

&yG

%.1!( %*0!*/+

&yG

12 !.*!0

&yG

/ *#.! ( 0%*

&yG

.+&+ 2% . *0!

12 /! 1 0+.

.+&+ /!*/1 ( &yG

&yG

(%( " / %* %¨*

&yG

+. ( 0.+,% (

,«.,1. , /%¨*

&yG

&yG

.+/ 2% . *0!

61( )¤/0% +

&yG

&yG

&yG

&yG

"1 /% 0.!2%

&yG

) (2 /+"0

&yG

.+/ !*/1!_+

2!. ! /1*01+/+

&yG

+ .! )¤/0% +

&yG

+. + %2%*+

&yG

)%/0!.%+ .! )

&yG

"^ )%!(

(= IK@= AO L=N= @EOBNQP=NH=

,bO=H= >EAJ LEJP=J@K PQO Qã=O z-QÃ&#x203A; P=H OE H=O LEJP=O ?KJ AH JQARK VQH NEO= U QO=O QJ ?KHKN @EOPEJPK AJ QJ= @A AHH=O

(VPDOWH HQ $]XO %ULVD -DGH 2ULHQWDO

.

&y + G " %! / 0

0 yG (

& ! +.%! * &

12 72 2 .%/ (9 ( 18 61 G &y

)+

18(92 7212

18(92 7212

0iVFDUD HIHFWR PD\RU YROXPHQ QHJUR

!TLNÛO=PA ?KJ H= IEN=@= !HECA PQ IbO?=N= U @AF= MQA PQO LAOP=ã=O D=>HAJ LKN Oß OKH=O

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

(63(&,$/ '( 0½6&$5$6 +$67$

'( '(6&8(172

$ 358(%$ '(

$*8$

$ 358(%$ '(

$*8$

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

$ 358(%$ '(

$*8$

(63(&,$/ '( 0½6&$5$6

'( '(6&8(172

$ 358(%$ '(

$*8$

$ 358(%$ '(

$*8$

$ 358(%$ '(

$*8$

0iVFDUD GH VHFUHWRV GH VHQVXDOLGDG QHJUR GHOLQHDGRU Pi[LPD GXUDFLyQ QHJUR

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

(63(&,$/ '( 0½6&$5$6

'( '(6&8(172

35202&,Ã&#x201E;1 5L]DGRU SDUD SHVWDxDV

D VROR 9DORUL]DGR HQ

&yG 3RU OD FRPSUD GH OD PiVFDUD VHFUHWRV GH VHQVXDOLGDG

$ 358(%$ '(

$*8$

)bTEI= ATPAJOEäJ U ?QNR= "EF= AH ?KHKN LKN IQ?DK IbO PEAILK KHKN EJPAJOK 0iVFDUD SDUD SHVWDxDV VHFUHWRV GH VHQVXDOLGDG J R] 9DORUL]DGR HQ

*!#.+ ) ..¨* %*0!*/+ &yG

*!#.+ %*0!*/+

) ..¨* %*0!*/+

&yG

&yG

!H PN=VK MQA I=N?= H= @EBANAJ?E= 0EAJAO HKKGO @EBANAJPAO L=N= HQ?EN >AHH= z QbH QO=NbO DKU

$ 358(%$ '(

$*8$

3ODWD VSDUN

*!#.+ /, .' &yG

3XQWD SOXPyQ &RQVLJXH XQD PLUDGD H[SUHVLYD FRQ XQ VROR WUD]R

*ULV SODWD

'HOLQHDGRU OtTXLGR GH IiFLO DSOLFDFLyQ PO IO R] 9DORUL]DGR HQ 0+*+/ #(%00!.

,( 0 /, .'

) ..¨* /, .'

&yG

&yG

61( /, .'

*!#.+ /, .'

&yG

&yG

61( /!*/%0%2! &yG

#.%/ ,( 0 &yG

)+. + #( )+1.

2!. !

1 6

2%+(!0 )%/0!.%+

*!#.+ !40.!)+

&yG

&yG

&yG

&yG

+. + !* *0+ &yG

) ..¨* +0+_+ &yG

35202&,Ã&#x201E;1 'HOLQHDGRUHV OtTXLGRV D VROR

*!#.+ /, .' &yG

3RU OD FRPSUD GH XQ SURGXFWR GH OD SiJ D OD

$ 358(%$ '(

$*8$

3ODWD VSDUN

*ULV SODWD

3XQWD SLQFHO 'DOH D WX PLUDGD XQ ORRN VR´ VWLFDGR FRQ DFDEDGR H[WUD ´ QR

'HOLQHDGRU OtTXLGR GH DFDEDGR SURIHVLRQDO PO IO R] 9DORUL]DGR HQ 0+*+/ #(%00!.

) ..+* +0+_+

+. + !* *0+

&yG

&yG

*!#.+ !40.!)+ &yG

2%+(!0 )%/0!.%+

2!. !

1 6

)+. + #( )+1.

&yG

&yG

&yG

#.%/ ,( 0 &yG

61( /!*/%0%2!

*!#.+ /, .'

61( /, .'

) ..¨* /, .'

,( 0 /, .'

&yG

&yG

&yG

&yG

&yG

1R LQFOX\H RWUDV SURPRFLRQHV QL PXHVWUDV 3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

+. ( #( ^

LABIOS

OJOS

&yG

#1%* .! (

$ 358(%$ '(

$*8$

&yG

.+/ !(% 0!

+. + ,.! %(! 0+ &yG

) ..¨* "^

,( 0! + . 0

&yG

&yG

2!. ! /% *!5

&yG

2%*+ %* %0 *0!

) ..+* . )!(

) ..¨* ( *+

&yG

&yG

&yG

"1 /% 2%2 6

&yG &yG

01.-1!/ ) #%

&yG

* . *& .+&+ $% ) *$ 00 *

&yG

&yG

2!. !

(14

"^ (14

61( (14

*!#.+ (14

&yG

&yG

&yG

&yG

*!#.+ %*0!*/+

'HOLQHDGRU HQ OiSL] SDUD RMRV SDUD ODELRV SDUD FHMDV J R] 9DORUL]DGR HQ

&yG

WRQRV FRQ JOLWWHU

* 01. ( &yG

*!#.+ &yG

*5$7,6 &HSLOOR HQ

CEJAS

3RU OD FRPSUD GH XQ GHOLQHDGRU GH FHMDV 9DORUL]DGR HQ

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

&HSLOOR SDUD SHLQDU WXV FHMDV SLQFHO SDUD GDU FRORU \ SHLQH SDUD UHWLUDU HO H[FHVR GH PiVFDUD

z0A CQOP= ?äIK AOPb IE LEAH

*5$7,6 %URFKD SDUD SROYRV 3RU OD FRPSUD GH ORV SROYRV VXHOWRV

/Q=RA U N=@E=JPA HEOP= L=N= I=MQEHH=NIA

9DORUL]DGR HQ

7H[WXUD VXDYH \ DSOLFDFLyQ XQLIRUPH

$FDEDGR XQLIRUPH \ QDWXUDO

0. */(« % +/

0i[LPD DGKHUHQFLD WH[WXUD VXDYH \ VHGRVD FRQWUROD HO H[FHVR GH EULOOR

&yG

.1 ¤ &yG

'HMD WX FXWLV HQYLGLDEOHPHQWH VXDYH FRQWUROD HO EULOOR \ ´ MD PHMRU HO PDTXLOODMH

&yG

0!.. +0

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

%URFKD SDUD UXERU &yG

9DORUL]DGR HQ

5XERU FRPSDFWR HIHFWR JHPDV \ PLQHUDOHV J R] 9DORUL]DGR HQ

+. (

¡) .

)+

&yG

&yG

&yG

3ROYRV VXHOWRV SDUD URVWUR SLHO GH VHGD J R] 9DORUL]DGR HQ

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

)36

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

$E@N=P= U NABNAO?= PQ LEAH 1JEBKNIEV= AH PKJK @A PQ ?QPEO %DVH GH PDTXLOODMH URVWUR KLGUDWDGR J R] 9DORUL]DGR HQ

KNNECA EILANBA??EKJAO Q>NA U AIL=NAF= KJPNKH= AH >NEHHK U BEF= AH I=MQEHH=FA

$E@N=P= U JQPNA Q>NA EILANBA??EKJAO

%DVH GH PDTXLOODMH SDUD URVWUR HQ SUR J R] 9DORUL]DGR HQ

%DVH GH PDTXLOODMH KLGUR QXWULWLYD PO IO R] 9DORUL]DGR HQ

.+/

.+/

.+/

!%#!

.+/

.+/

.+/

!%#!

.+/

.+/

.+/

!%#!

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

.+/

.+/

.+/

!%#!

.+/

.+/

.+/

!%#!

.+/

.+/

.+/

!%#!

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

*5$7,6 %URFKD SDUD EDVH *UDWLV SRU OD FRPSUD GH %DVH +LGURQXWULWLYD 9DORUL]DGR HQ

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

0+""!! /$%*! &yG

/22. &2/25

.+&+ /$%*! &yG

, . %/! + ! * &yG

2%+(!0 /$%*!

". ) 1!/ /$%*!

&yG

&yG

".!/ /$%*!

0!.. +*"+.0

&yG

&yG

AHHAV= J=PQN=H (KO EJCNA@EAJPAO J=PQN=HAO @A !VAJOE ?QE@=J PQ LEAH U LNAREAJAJ MQA OA NAOAMQA

+. (%*! &yG

3ROYRV FRPSDFWRV SDUD URVWUR J R] 9DORUL]DGR HQ

%ULOOR ODELDO PO IO R] 9DORUL]DGR HQ

'( '(6&8(172 (1 32/926 &203$&726 3$5$ 526752

(VWXFKH GH VRPEUDV J R] 9DORUL]DGR HQ

)%!( &yG

)%!( &yG

&

* 01.! !* $ *0 &yG

0i[LPD DGKHUHQFLD GH FRORU \ WH[WXUD H[WUD VHGRVD

0i[LPD GXUDFLyQ \ FRORU 3URWHJH WXV SiUSDGRV

4XLQWHWR GH VRPEUDV SURIHVLRQDO J R] 9DORUL]DGR HQ

V

61( )5/0!.5

(%( .+) *0%

+.+ ) #*!0%

)+ " /$%+*

&yG

&yG

&yG

&yG

,1.,(! .0%/0%

-1 ,!.) *!*0

#( )+1. ( '

"!/0%2 ( #+(

&yG

&yG

&yG

&yG

'HOLQHDGRU SDUD RMRV GH Pi[LPD GXUDFLyQ J R] 9DORUL]DGR HQ

)+. + ,.+"1* +

%.1!( !* *0+

61( 6 "%.+

&yG

&yG

&yG

2!. ! +0+_+

*!#.+ ^ *+

) ..¨* *+# (

&yG

&yG

&yG

(YDOXDFLyQ VHQVRULDO GH GXUDFLyQ UHDOL]DGD EDMR FRQGLFLRQHV GH ODERUDWRULR

SURPRFLyQ GHOLQHDGRUHV OtTXLGRV SiJ

&yG

) ..¨* 2% . *0!

&yG

&yG

7212

, /! . + yG

01.-1!/ )!0¡(% +

18(92

*# (+ .+

&yG

+.+ #( )+1.

9LHQH FRQ LQVWUXFFLRQHV SDUD PDTXLOODUWH

,( 0 . % *0!

6LVWHPD UHWUiFWLO

KHKN EJPAJOK DKN=O @A DKN=O /E PQ OAJOQ=HE@=@ JK PEAJA HßIEPAO PQ I=MQEHH=FA P=ILK?K

/DELDO GH Pi[LPD GXUDFLyQ J R] 9DORUL]DGR HQ

K

&yG

+

$+ +( 0! / 0¤*

&yG

&yG

.+/ + *1 ! &yG

2%*+ $%

&yG

2%*+ #+( !*

&yG

)+. + *%#$0

$+ +( 0! , //%+*

&yG

"1 /% !4,.!//

&yG

.+&+ /! 1 0+.

&yG

&yG

.+&+ !40. 2 # *6

V

4XLQWHWR GH VRPEUDV QDWXUH HQFKDQW \ ODELDO Pi[LPD GXUDFLyQ URMR VHGXFWHU

'( '85$&,Ä1

0QO H=>EKO OA RANbJ OAJOQ=HAO D=OP= LKN DKN=O

2%*+ !(%//

/ ()¨* 3+* !.

.+/ (%#$0

$+ +( 0! %*0!*/!

.+&+ , //%+*

&yG

&yG

&yG

&yG

&yG

35202&,Ã&#x201E;1 ,1683(5$%/( /DELDO '~R 7DWRR D VROR

K

V

'( '85$&,Ã&#x201E;1

"EF= AH ?KHKN AJ @KO L=OKO ,NKPACA PQO H=>EKO (KO DQIA?P= U =?KJ@E?EKJ=

"1 /% $+0

%.1!( !/%.!

&yG

&yG

3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

/DELDO G~R WDWWRR PO J IO R] R] 9DORUL]DGR HQ

3DVR &RORU

.+/ )%/0!.5

,%)%!*0 (%!*0!

&yG

&yG

V

3DVR %ULOOR

(YDOXDFLyQ VHQVRULDO GH GXUDFLyQ UHDOL]DGD EDMR FRQGLFLRQHV GH ODERUDWRULR

.+/ .! ) &yG

LlegĂł el dĂ­a con el que tanto soĂąaste ÂĄY lo tienes todo!

El vestido perfecto, el peinado ideal...

Solo te faltan unos hermosos accesorios para convertirte en la novia mĂĄs linda de todas.

$&&(625,26 (67,/2

(Q EDxR GH RUR FRQ SHUODV FUHPD FULVWDOHV \ SLHGUDV IDFHWDGDV WUDQVO~FLGDV

18(9$ &2/(&&,Ã&#x201E;1 '$00$ &ROODU /DUJR UHJXODEOH D FP 0HGLGDV GHO GLMH [ FP

$URV /DUJR [ FP

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

&yG

$URV ODUJRV /DUJR [ FP &yG

3XOVHUD (OiVWLFD /DUJR DSUR[ FP &yG

9DORUL]DGR HQ

$QLOOR 7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG 9HU SUREDGRU HQ OD SiJ

9DORUL]DGR HQ

9DORUL]DGR HQ

Para ese momento donde cada detalle cuenta...

/$ &2035$

723 &ROHFFLyQ HQ EDxR GH SODWD \ EDxR GH RUR FRQ FULVWDOHV WUDQVO~FLGRV

18(9$ &2/(&&,Ã&#x201E;1 025(0, $URV ODUJRV &ROODU /DUJR UHJXODEOH D FP 0HGLGDV DSUR[LPDGDV 0HGLGDV GHO GLMH [ FP [ FP &yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

$QLOOR 7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG 9HU SUREDGRU HQ OD SiJ

9DORUL]DGR HQ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

(Q EDxR GH SODWD \ RUR FRQ HVPDOWH SLQWDGR D PDQR FRORU FUHPD \ ´ QRV FULVWDOHV WUDQVO~FLGRV

'( '(6&8(172 (1 $526 /$5*26 -$60,1(

&2/(&&,Ã&#x201E;1 -$60,1( &ROODU /DUJR UHJXODEOH D FP

$URV ODUJRV /DUJR FP

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

&yG

3XOVHUD /DUJR UHJXODEOH D FP &yG

9DORUL]DGR HQ

$QLOOR 7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG 9HU SUREDGRU HQ OD SiJ

$&&(625,26 (67,/2

(Q EDxR GH SODWD FRQ FULVWDOHV WUDQVO~FLGRV

Divina, perfecta... ยกesa novia serรกs tรบ!

'( '(6&8(172 (1 $526 /$5*26 ',9,1(

&2/(&&,ร 1 ',9,1( &ROODU /DUJR UHJXODEOH D FP

3XOVHUD /DUJR UHJXODEOH D FP

&yG

&yG

$QLOOR 7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG

$URV ODUJRV /DUJR FP &yG

9DORUL]DGR HQ

9HU SUREDGRU HQ OD SiJ

9DORUL]DGR HQ 18(675$ %,-287(5,( (6

/,%5( '( 3/202

$QLOOR $PRU (WHUQR 7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG 9HU SUREDGRU HQ OD SiJ

9DORUL]DGR HQ

$QLOOR $PRU (WHUQR 3UHFLRVR DQLOOR GH FRPSURPLVR HQ SODWD FRQ FLUFyQ WUDQVO~FLGR ´ QRV FDODGRV \ PHQVDMH GH DPRU HQ OD SDUWH LQWHUQD

3/$7$

&RQ FLUFyQ

(VWXFKH /HEDQ

(VWXFKH )LQHVW

,QFOX\H SDUHV GH DURV HQ EDxR GH RUR \ SODWD

,QFOX\H DQLOORV HQ EDxR GH RUR \ SODWD FRQ SHUOD \ FULVWDOHV

&yG

7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG

9DORUL]DGR HQ

9DORUL]DGR HQ

78 2)(57$ (675(//$

18(9$ &2/(&&,Ã&#x201E;1 /8;85< (Q EDxR GH RUR \ EDxR GH SODWD FRQ WH[WXUDV GH DOWD MR\HUtD \ ILQRV FULVWDOHV WUDQVO~FLGRV (VWXFKH GH FROODU \ DURV /DUJR UHJXODEOH GHO FROODU D FP 0HGLGDV GHO GLMH [ FP

$QLOOR (Q EDxR GH RUR 7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG

(Q EDxR GH SODWD

(Q EDxR GH SODWD

7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG

&yG

9HU SUREDGRU HQ OD SiJ

9DORUL]DGR HQ

9DORUL]DGR HQ

(Q EDxR GH RUR &yG

F X

F X

&RQ FLUFyQ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

(Q EDxR SODWHDGR FRQ FULVWDOHV WUDQVO~FLGRV \ SLHGUDV QHJUDV

'( '(6&8(172 (1 $526 %$55248(

&2/(&&,Ã&#x201E;1 %$55248( &ROODU /DUJR UHJXODEOH D FP 0HGLGDV GHO GLMH [ FP &yG

$URV

3$5$ (//$

3$5$ e/

&yG

9DORUL]DGR HQ

$URV ODUJRV /DUJR FP

&yG

9DORUL]DGR HQ

352%$'25 '( $1,//26 &RORFD XQ DQLOOR TXH XVHV VREUH HO SUREDGRU (O FtUFXOR TXH ORJUHV YHU GHQWUR GH WX DQLOOR LQGLFD WX WDOOD

$&&(625,26 (67,/2

0=J B=>QHKO=O ?KIK Pé

'( '(6&8(172 (1 &2//$5 62),67,4

AF= @A >QO?=N H=O ?KHA??EKJAO MQA IbO R=J ?KJ PQ AOPEHK AOPbJ =MQß

(Q EDxR GH SODWD FRQ FULVWDOHV \ SLHGUDV IDFHWDGDV GH FRORU D]XO

&2/(&&,Ä1 62),67,4 &ROODU /DUJR UHJXODEOH D FP 0HGLGDV GHO GLMH [ FP

3XOVHUD /DUJR UHJXODEOH D FP

$URV ODUJRV /DUJR FP

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

9DORUL]DGR HQ

&yG

$QLOOR 7DOOD &yG 7DOOD &yG 7DOOD &yG 7DOOD &yG 9HU SUREDGRU

18(675$ %,-287(5,( (6

/,%5( '( 3/202

(Q EDxR GRUDGR FRQ FULVWDOHV WUDQVO~FLGRV

IKN = LNEIAN= REOP=

z0A AJ?=JPä AOP= ?KHA??EäJ %I=CßJ=PA ?Q=J@K PA H= LNQA>AO

18(92

(VWXFKH /RYHUV &ROODU \ DURV /DUJR UHJXODEOH GHO FROODU D FP 0HGLGD GH ORV DURV [ FP &yG

9DORUL]DGR HQ

18(926

$URV ODUJRV 0HGLGDV [ FP &yG

9DORUL]DGR HQ

3XOVHUD /DUJR UHJXODEOH D FP &yG

9DORUL]DGR HQ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

35202&,Ä1 (VWXFKH 9DQJXDUG D VROR

&yG

3RU OD FRPSUD GH XQ SURGXFWR GHO FDWiORJR

18(92 (VWXFKH 9DQJXDUG ,QFOX\H SDUHV GH DURV 9DORUL]DGR HQ

L=NAO @A =NKO

{D=OP= ?KI>EJ=?EKJAO @EOPEJP=OÎ

1R LQFOX\H RWUDV SURPRFLRQHV QL PXHVWUDV 3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

3527(&&,Ã&#x201E;1 &2175$ /26 5$<26

89

18(926

/HQWHV 9DOOHU\ SDUD GDPD 'H FRORU QHJUR FRQ SLH]DV WLSR FDUH\ \ GHWDOOHV PHWiOLFRV &ULVWDOHV GH FRORU QHJUR &yG

9DORUL]DGR HQ

7RGRV QXHVWURV OHQWHV YLHQHQ FRQ HVWXFKH

$&&(625,26 (67,/2

{2=IKO = @=N QJ= RQAHP=Î %JRÛJP=PA QJ IKPERK L=N= O=HEN AOPKO =??AOKNEKO PA @=NbJ AOA HKKG IK@ANJK MQA AOPbO >QO?=J@K

3527(&&,Ä1 &2175$ /26 5$<26

89

/HQWHV /HRSDUG SDUD GDPD &RQ PDUFR PHWiOLFR FRORU GRUDGR %UD]RV WLSR FDUH\ HQ QHJUR \ PDUUyQ \ GHWDOOH GH SLHGUD &ULVWDOHV FRORU PDUUyQ HQ GHJUDGp &yG

9DORUL]DGR HQ

7RGRV QXHVWURV UHORMHV FXHQWDQ FRQ JDUDQWtD GH PHVHV \ YLHQHQ HQ HVWXFKH

5HORM 'DPDUDK SDUD GDPD 3LH]D FHQWUDO GH PHWDO \ FRUUHD GH FXHUR PDUUyQ &RQ Q~PHURV URPDQRV \ ILQR FULVWDO HQ OXJDU GHO

5HORM $PRUD SDUD GDPD 5HORM PHWiOLFR FRQ FULVWDOHV 'LDO URMR FRQ HIHFWR WRUQDVRODGR Q~PHURV \ GHWDOOHV HQ FRORU SODWHDGR

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

&ROODU %ORVVRP (Q EDxR SODWHDGR FRQ SHUODV FRORU FUHPD /DUJR UHJXODEOH D FP 0HGLGDV GHO GLMH [ FP

$URV ODUJRV 'LDPDQWL (Q EDxR SODWHDGR FRQ ILQRV FULVWDOHV JULVHV /DUJR DSUR[ FP

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

(VWXFKH 6\GHOOH 6LHWH SDUHV GH DURV HQ EDxRV GH SODWD \ RUR SLHGUDV \ HVPDOWHV SLQWDGRV D PDQR

(VWXFKH .DODQ\ 6LHWH SDUHV GH DURV HQ EDxRV GH RUR \ SODWD SLHGUDV \ HVPDOWHV SLQWDGRV D PDQR

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

&yG

$URV ODUJRV 1D]]DUL (Q EDxR GH SODWD HQYHMHFLGD FRQ SRVWH HQ IRUPD GH IORU \ HVODERQHV UHGRQGRV ODEUDGRV FRQ IORU HQ HO PHGLR &yG

9DORUL]DGR HQ

(VWXFKH 3ULVPD (Q EDxR GRUDGR FRQ FULVWDOHV HQ WRQRV D]XOHV /DUJR UHJXODEOH GHO FROODU D FP 0HGLGDV GHO GLMH [ FP &yG

9DORUL]DGR HQ

,55(6,67,%/(6

'( '(6&8(172

(O FRUD]yQ FHQWUDO HV XQ UHOLFDULR SDUD SRQHU GRV IRWRV XQD HQ FDGD ODGR

3XOVHUD 5HOLFDU\ 3XOVHUD HOiVWLFD FRQ GLMHV EDxDGRV HQ SODWD

3XOVHUD $PD]]RQ 'H DUR GXUR (Q EDxR GH RUR FRQ GHWDOOHV GH SODWD FRQ SDYp \ FULVWDOHV

&yG

9DORUL]DGR HQ

&yG

9DORUL]DGR HQ

/HQWHV %DXHUV SDUD QLxR *ULV FRQ QHJUR &ULVWDOHV FRORU KXPR 0RGHOR GHSRUWLYR (VSHFLDO SDUD QLxRV &yG

9DORUL]DGR HQ

3URGXFWRV KDVWD DJRWDU VWRFN

3527(&&,Ã&#x201E;1 &2175$ /26 5$<26

89

(VFODYD 6LULXV SDUD KRPEUH (Q EDxR GH SODWD FRQ HVPDOWH QHJUR \ FULVWDO JULV /DUJR FP 0HGLGDV GHO GLMH [ FP &yG

9DORUL]DGR HQ

'( '(6&8(172 (1 (/ 6+$0322 (1

HQ 7RGR WLSR GH FDEHOOR $XPHQWD HO EULOOR FRQ DOPHQGUDV \ IRUWDOHFH OD ´ EUD FDSLODU FRQ JHUPHQ GH WULJR

/,752

A H= J=PQN=HAV= L=N= PQ ?=>AHHK KJ HKO IAFKNAO EJCNA@EAJPAO J=PQN=HAO

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

HQ 7RGR WLSR GH FDEHOOR 6KDPSRR DFRQGLFLRQDGRU OLWUR IO R]

7RGR WLSR GH FDEHOOR &UHPD SDUD SHLQDU J R]

&yG

9DORUL]DGR HQ

&$%(//2 3,(/

$/9,(172

&yG

9DORUL]DGR HQ

7RGR WLSR GH FDEHOOR +LGUDWD SURIXQGDPHQWH \ VXDYL]D FRQ DORH YHUD DXPHQWD HO EULOOR FRQ NDULWp \ IDFLOLWD HO SHLQDGR FRQ QXH] GH PDFDGDPLD

z!OPbO AJ >QAJ= ?KIQJE?=?EäJ ?KJ PQ ?QANLK z QbJP=O RA?AO = H= OAI=J= HA @E?AO MQA HK MQEANAO 0EAJAO IQ?D=O BKNI=O @A D=?ANHK D=?AN AFAN?E?EK ?QE@=N PQO =HEIAJPKO @=NHA = PQ LEAH HKO PN=P=IEAJPKO MQA JA?AOEP= LNKPACAN PQ ?=>AHHK U D=?AN HK IEOIK LKN PK@= PQ B=IEHE=

!O?Q?D= = PQ ?QANLK Ã&#x203A;H ?KJ OQ >AHHAV= PA @= H=O CN=?E=O

(= J=PQN=HAV=

LEAJO= AJ CN=J@A

'( '(6&8(172 (1 (/ 6+$0322 3$5$ &$%(//2 6(&2

,=N= ?QE@=N PQ ?=>AHHK U AH @A PK@= PQ B=IEHE= ?KJ EJCNA@EAJPAO J=PQN=HAO

/,752

$/9,(172 6KDPSRR OLWUR IO R] &DEHOOR 6HFR &yG &DEHOOR *UDVR &yG &DEHOOR ([WUD 6HFR &yG &DEHOOR 1RUPDO &yG 9DORUL]DGR HQ F X F X

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

6(&2

$QIA?P= ?KJ =?AEPA @A ?K?K /Q=REV= ?KJ =CQ=?=PA

&$%(//2 3,(/ /,752

*5$62

/,752

(;75$ 6(&2

KJPNKH= H= CN=O= ?KJ HEIäJ ,NKPACA AH ?=>AHHK ?KJ GESE $QIA?P= AH ?=>AHHK ?KJ !TPN= DQIA?P=?EäJ ?KJ =HKA =?AEPA @A FKFK>=

1250$/

"KNP=HA?A AH ?=>AHHK ?KJ =RAJ= /Q=REV= ?KJ IEAH @A =>AF=

(KO IAFKNAO EJCNA@EAJPAO J=PQN=HAO HA @=J AH IAFKN ?QE@=@K = PQ ?=>AHHK !HECA H= ?KI>EJ=?EäJ LANBA?P= L=N= PQ PELK @A ?=>AHHK AJ QJ= LNb?PE?= LNAOAJP=?EäJ

D

E

1250$/

(;75$ 6(&2

F

G

*5$62

$/9,(172 6KDPSRR PO IO R] D &DEHOOR 1RUPDO &yG E &DEHOOR ([WUD 6HFR &yG F &DEHOOR *UDVR &yG G &DEHOOR 6HFR &yG 9DORUL]DGR HQ F X F X

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

6(&2

7RGR WLSR GH FDEHOOR 6KDPSRR HQ PO IO R] &yG

9DORUL]DGR HQ

HQ

&$%(//2 3,(/

?KJ@E?EKJ=@KNAO AH ?KILHAIAJPK LANBA?PK ,NKPACAJ PQ ?=>AHHK HK @AF=J @AOAJNA@=@K U IQU Bb?EH @A LAEJ=N

D

1250$/

E

(;75$ 6(&2

$FRQGLFLRQDGRU PO IO R] D &DEHOOR 1RUPDO &yG E &DEHOOR ([WUD 6HFR &yG F &DEHOOR *UDVR &yG G &DEHOOR 6HFR &yG 9DORUL]DGR HQ F X F X

F

G

*5$62

6(&2

/¤ K /¤ (=R=NPA AH ?=>AHHK =>NA H= DA>N= ?=LEH=N LKN AOK AO E@A=H MQA PA @AO QJ éHPEIK AJFQ=CQA ?KJ QJ ?DKNNK @A =CQ= BNß= L=N= ?ANN=N H=O AO?=I=O

/LPSLD \ DFRQGLFLRQD D OD YH]

QE@= PQ ?=>AHHK AJ IAJKO PEAILK 9,7$/ 'XDFWLRQ HQ 6KDPSRR DFRQGLFLRQDGRU OLWUR IO R] &yG

9DORUL]DGR HQ

&DVSD &RQWURO HQ 6KDPSRR DFRQGLFLRQDGRU PO IO R] &yG

9DORUL]DGR HQ

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

&RPEDWH OD FDVSD FRQ 3LULWLRQDWR GH =LQF \ DORH

KILHAIAJP= AH H=R=@K ?KJ PK@K HK MQA JA?AOEP= L=N= OQ IAFKN =L=NEAJ?E=

35202&,Ã&#x201E;1

&$%(//2 3,(/

)bO MQA HEILEK PQ ?=>AHHK HQ?A AOLA?P=?QH=N

0DVFDULOOD 5HSDUDFLyQ R &UHPD SDUD SHLQDU

D VROR F X 9DORUL]DGR HQ F X

3RU OD FRPSUD GH XQ SURGXFWR GH /RRN &DUH

,QWHQVL´ FD WX ODFHDGR \ SHUPLWH XQ SHLQDGR PiV SURIHVLRQDO

'H´ QH WXV UL]RV \ SHUPLWH XQ SHLQDGR PiV SURIHVLRQDO

5HVWDXUD WX FDEHOOR GHO GDxR SURYRFDGRV SRU TXtPLFRV VHFDGRUD SODQFKD \ WLQWHV

/22. &$5( 5HSDUDFLyQ ([WUHPD 0DVFDULOOD GREOH UHSDUDFLyQ QRFWXUQD PO IO R]

/LVR $EVROXWR &UHPD SDUD SHLQDU PO IO R]

5L]R ([WUHPR &UHPD SDUD SHLQDU PO IO R]

&yG

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

9DORUL]DGR HQ

QE@= PQ ?=>AHHK LKN @AJPNK U LKN BQAN=

/22. &$5(

KJ (KKG Ã&#x201C; =NA HK I=JPEAJAO O=HQ@=>HA U ?KJ H= IAFKN =L=NEAJ?E=

F X

RA?AO IbO >NEHH=JPA

.AL=N=?EäJ LNKBQJ@= D

6KDPSRR PO IO R] D 5HSDUDFLyQ ([WUHPD &yG E %ULOOR 0i[LPR &yG F /LVR $EVROXWR &yG G 5L]R ([WUHPR &yG 9DORUL]DGR HQ F X

D

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

E

E

$FRQGLFLRQDGRU PO IO R] D 5HSDUDFLyQ ([WUHPD &yG E %ULOOR 0i[LPR &yG F /LVR $EVROXWR &yG G 5L]R ([WUHPR &yG 9DORUL]DGR HQ F X

78 2)(57$ (675(//$

F X

.EVKO RA?AO IbO @AÂ&#x2DC;JE@KO

RA?AO IbO HEOK

F

F

G

G

5HVXOWDGRV REWHQLGRV HQ ODERUDWRULR VREUH FDEHOOR QDWXUDO DSOLFDQGR OD UXWLQD FRPSOHWD /RRN &DUH YV VKDPSRR VLQ DJHQWHV DFRQGLFLRQDGRUHV

EOBNQP= @A QJ= LEAH BNAO?= U LANBQI=@= AJ OACQJ@KO 1O= PQ P=H?K LANBQI=@K B=RKNEPK @E=NE=IAJPA U JKP=NbO H= @EBANAJ?E= AJ PQ LEAH

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

&yG

&yG

7DOFRV SHUIXPDGRV J R] 9DORUL]DGR HQ

&yG

&yG

&$%(//2 3,(/

.ABNAO?=J H= LEAH (= LANBQI=J ?KJ PQ BN=C=J?E= LNABANE@=

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&yG

/EÃ&#x203A;JPAPA OACQN= U LNKPACE@= KJ AOPKO @AOK@KN=JPAO MQA ?KI>=PAJ H= PN=JOLEN=?EäJ U REAJAJ ?KJ AH =NKI= @A PQ BN=C=J?E= B=RKNEP=

&yG

&yG

&yG

&yG

&yG

SDUD HOOD

3URWHJHQ GHO PDO RORU H LQWHQVL´ FDQ WX IUDJDQFLD IDYRULWD

&yG

&yG

&yG

'HVRGRUDQWHV UROO RQ PO IO R] 9DORUL]DGR HQ F X F X

&yG

&yG

&yG

&yG

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

&yG

&yG

&yG

&yG

&yG

&yG

&yG

&$%(//2 3,(/

&yG

&yG

SDUD pO

&yG

&yG

&yG

&yG

&yG

&yG

&yG

XQLVH[

&yG

&yG

&yG &yG

18(92

$=OP= DKN=O OEJ N=OPNK @A PN=JOLEN=?EäJ )bTEI= LNKPA??EäJ MQA PA I=JPEAJA OA?= U HE>NA @AH I=H KHKN

8QLVH[ &RQ IUDJDQFLD QHXWUD

727$/ 6(& 'HVRGRUDQWH DQWLWUDQVSLUDQWH UROO RQ VLQ DOFRKRO PO IO R] 8QLVH[ &yG +RPEUH &yG 0XMHU &yG 9DORUL]DGR HQ F X F X

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

3DUD pO &RQ UHIUHVFDQWH IUDJDQFLD PDVFXOLQD

3DUD HOOD &RQ GHOLFDGR DURPD µ RUDO

K '( '85$&,Ã&#x201E;1

&$%(//2 3,(/

0QO I=JKO D=?AJ P=JPK LKN PE MQA IANA?AJ QJ ?QE@=@K AOLA?E=H Qß@=H=O @E=NE=IAJPA U Hé?AH=O OQ=RAO U DANIKO=O

0DQRV 8xDV 3HUIHFWDV &UHPD PXOWLDFWLYD SDUD PDQRV J R] &yG

9DORUL]DGR HQ

6XDYL]D WXV PDQRV \ D\XGD D IRUWDOHFHU WXV XxDV FRQ YLWDPLQDV $ ( NHUDWLQD \ FDOFLR

'( '(6&8(172

/¤ K /¤ .AIKF= PQO I=JKO AJ =CQ= PE>E= LKN QJKO IEJQPKO OÛ?=H=O U =LHE?= H= ?NAI= ?KJ OQ=RAO I=O=FAO D=OP= MQA OA =>OKN>=

AH ?=JO=J?EK U H=O =OLANAV=O JK MQA@=Nb JE DQAHH= ,NQA>= PK@= H= HßJA= U @EOBNQP= @A QJKO LEAO OQ=RAO BNAO?KO U NAH=F=@KO

J

7DOFR SDUD SLHV 'H J R] &yG

9DORUL]DGR HQ

'H J R] &yG

9DORUL]DGR HQ

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

3URWHJH GH OD WUDQVSLUDFLyQ \ GHO PDO RORU SRU KRUDV

&yPR FRQVHJXLU XQRV SLHV VXDYHV \ IUHVFRV" 3DVR $EODQGD OD SLHO 6XPHUJH WXV SLHV HQ DJXD WLELD SRU PLQXWRV /XHJR VpFDORV

(OLPLQD LPSXUH]DV \ FpOXODV PXHUWDV &RQ FiVFDUD GH QXH] SLHGUD SyPH] \ PHQWRO

&$%(//2 3,(/

720$ 127$

3DVR ([IROLD $SOLFD OD FUHPD H[IROLDQWH \ PDVDMHD WXV SLHV FRQ PRYLPLHQWRV FLUFXODUHV /XHJR HQMXDJD \ VHFD 3DVR +XPHFWD $SOLFD OD FUHPD KXPHFWDQWH FRQ VXDYHV PDVDMHV 1R QHFHVLWDV HQMXDJDU 3DVR (OLPLQD $VSHUH]DV $SOLFD OD FUHPD SDUD DVSHUH]DV \ GHMD DFWXDU SRU XQRV PLQXWRV 1R QHFHVLWDV HQMXDJDU

6XDYL]D \ UHIUHVFD &RQ H[WUDFWR GH RUTXtGHD ODYDQGD \ PHQWRO

/À1($ 3$5$ 3,(6 &UHPD H[IROLDQWH SDUD SLHV J R] &yG

9DORUL]DGR HQ

&UHPD KXPHFWDQWH J R] &yG

9DORUL]DGR HQ

&UHPD SDUD SLHV FRQ DVSHUH]DV \ FDOORVLGDGHV J R]

(OLPLQD FDOORV \ DVSHUH]DV &RQ H[WUDFWR GH DYHQD iFLGR VDOLFtOLFR \ PHQWRO

&yG

9DORUL]DGR HQ

AF= MQA AH OKH PA @Ã&#x203A; QJ =>N=VK

EOBNQP= @AH OKH LANK LNKPÃ&#x203A;CAPA ?KJ ,ANBA?P /QJ

3URWHJH OD GHOLFDGD SLHO GH ORV QLxRV GHO VRO (YLWD HO HQURMHFLPLHQWR H LUULWDFLyQ

3URWHFWRU VRODU HQ VSUD\ TXH GLVPLQX\H ORV GDxRV RFDVLRQDGRV SRU HO VRO HQ OD SLHO (V GH IiFLO DSOLFDFLyQ

3URWHJH OD SLHO GH ORV UD\RV 89$ \ 89% TXH FDXVDQ HO HQYHMHFLPLHQWR SUHPDWXUR

3(5)(&7 681 6SUD\ 3URWHFWRU VRODU FRUSRUDO HQ VSUD\ )36 PO IO R]

$GXOWRV 3URWHFWRU VRODU URVWUR \ FXHUSR )36 3$ J R]

&yG

&yG

.LGV 3URWHFWRU VRODU SDUD QLxRV URVWUR \ FXHUSR )36 3$ J R]

9DORUL]DGR HQ

&yG

9DORUL]DGR HQ

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

9DORUL]DGR HQ

)bTEI= DE@N=P=?EäJ L=N= @AF=N PQ LEAH OQ=RA U DANIKO=

&$%(//2 3,(/

1J= #. * OKHQ?EäJ L=N= H= LEAH ATPN= OA?= /,752

3DUD SLHO H[WUD VHFD +LGUDWD UHYLWDOL]D SURWHJH \ VXDYL]D FRQ DYHQD JHUPHQ GH WULJR \ PLHO

08/7,&5(0 1XWULHQWV /RFLyQ FRUSRUDO QXWULWLYD OLWUR IO R]

9HU SiJLQD GHO FDWiORJR

0AJCK QJ OA?NAPK L=N= AHEIEJ=N H= LEAH @A J=N=JF= MQ=HKPEKJ PA =UQ@= = @AF=N PQ LEAH HEO= U OEJ EILANBA??EKJAO

/,752

$OLVD OD SLHO GH QDUDQMD &RQ H[WUDFWR GH FRUDO \ DOJDV PDULQDV

$48$/27,21 3LHO /LVD /RFLyQ FRUSRUDO H[WUD KXPHFWDQWH OLWUR IO R] &yG

9DORUL]DGR HQ

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

/,752

+LGUDWD \ VXDYL]D OD SLHO &RQ UHIUHVFDQWH DURPD GH µ RU GH QDUDQMR \ OLWFKL

&$%(//2 3,(/

6XDYL]D \ KXPHFWD OD SLHO &RQ UHODMDQWH DURPD GH YDLQLOOD \ MD]PtQ

6XDYL]D \ UHYLWDOL]D OD SLHO &RQ GHOLFLRVR DURPD GH GXUD]QR \ DoDt

/,752

/,752

'( '(6&8(172

1$785$/ &$5( 9DLQLOOD -D]PtQ /RFLyQ KXPHFWDQWH FRUSRUDO OLWUR IO R] &yG

9DORUL]DGR HQ

)ORU GH 1DUDQMR /LWFKL /RFLyQ KXPHFWDQWH FRUSRUDO OLWUR IO R] &yG

9DORUL]DGR HQ

'XUD]QR $oDt /RFLyQ KXPHFWDQWH FRUSRUDO OLWUR IO R] &yG

9DORUL]DGR HQ

6XDYL]D KXPHFWD WX SLHO \ GHMD XQ VHQVXDO EULOOR GRUDGR

$KU R=O = >NEHH=N @A ?QANLK AJPANK (K?EKJAO ?KNLKN=HAO MQA @AF=J PQ LEAH OQ=RA U ?KJ QJ @AHE?=@K >NEHHK

6('$ 252 /RFLyQ OXPLQRVD PO IO R] &yG

9DORUL]DGR HQ

'( '(6&8(172

(1&$172 '( 3(5/$6 /RFLyQ OXPLQRVD PO IO R] &yG

9DORUL]DGR HQ

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

+XPHFWD VXDYL]D H LOXPLQD WX SLHO FRQ GHVWHOORV SHUODGRV

/RFLyQ GH EHOOH]D SDUD HO FXHUSR OLWUR IO R] +XPHFWD QXWUH UHYLWDOL]D VXDYL]D GHYXHOYH OD ´ UPH]D \ D\XGD D SURWHJHU GHO PHGLR DPELHQWH

&yG

9DORUL]DGR HQ

/RFLyQ GH EHOOH]D SDUD HO FXHUSR PO IO R] &yG

9DORUL]DGR HQ

&UHPD GH EHOOH]D SDUD PDQRV J R] &yG

9DORUL]DGR HQ

+LGUDWD QXWUH VXDYL]D UHYLWDOL]D \ D\XGD D SURWHJHU WXV PDQRV $GHPiV IRUWDOHFH ODV XxDV

&$%(//2 3,(/

75,3/( $&&,Ã&#x201E;1 0$;

0K@= A@=@ U PELK @A LEAH

HKA U >=NNK .E?K AJ IEJAN=HAO AH >=NNK AOPEIQH= H= ?EN?QH=?EäJ U =>OKN>A H=O EILQNAV=O IEAJPN=O MQA AH =HKA ?KJ QJ Ã&#x2019; @A =CQ= PEAJA QJ LK@AN PAN=LÃ&#x203A;QPE?K OKNLNAJ@AJPA

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

&$%(//2 3,(/

!OP= I=O?=NEHH= @A =HKA U >=NNK Oß MQA AO DE@N=P=?EäJ EJIA@E=P= -QÛ PATPQN= P=J NABNAO?=JPA

AOP= I=O?=NEHH= @AF= IE LEAH OéLAN DE@N=P=@= U IQU OQ=RA {U AJ OKHK IEJQPKOÎ

1$785$/ &$5( 0DVFDULOOD IDFLDO KLGUDWDFLyQ LQPHGLDWD J R] &yG

9DORUL]DGR HQ

+XPHFWD \ VXDYL]D OD SLHO GHO URVWUR GH IRUPD LQPHGLDWD FRQ EDUUR RUJiQLFR \ DORH

720$ 127$ $SOtFDOD R YHFHV SRU VHPDQD 3DVR $SOLFD XQD FDSD VREUH HO URVWUR OLPSLR \ GpMDOD VHFDU HQWUH \ PLQXWRV 3DVR (QMXDJD FRQ DJXD WLELD 6LHQWH FyPR WRGD WX SLHO TXHGD V~SHU VXDYH H KLGUDWDGD

'( '(6&8(172

0K@= A@=@ U PELK @A LEAH

$E@N=P=?EäJ IbTEI= AJ IE NKOPNK U KFKO (= ?NAI= I=JPEAJA IE LEAH DE@N=P=@= PK@K AH @ß= U AH CAH @AF= IEO KFKO ?KJ QJ= OAJO=?EäJ @A BNAO?QN=

1$785$/ &$5( &UHPD KLGUDWDQWH IDFLDO J R] &yG

9DORUL]DGR HQ

*HO UHIUHVFDQWH SDUD HO FRQWRUQR GH RMRV J R]

,ALEJK U PÛ RAN@A

&yG

#N=?E=O = OQ =HPK ?KJPAJE@K @A =CQ= AH LALEJK AO QJ= BQAJPA J=PQN=H @A DE@N=P=?EäJ L=N= H= LEAH IEAJPN=O MQA AH PÛ RAN@A =UQ@= = @=NHA QJ= =L=NEAJ?E= BNAO?= U FKRAJ

9DORUL]DGR HQ

+25$6 GH KLGUDWDFLyQ

+LGUDWD WX SLHO \ D\XGD D SURWHJHUOD GH OD DSDULFLyQ GH ORV VLJQRV GH OD HGDG

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

+LGUDWD WXV SiUSDGRV ORV UHIUHVFD \ $QWHV D\XGD D PHMRUDU OD DSDULHQFLD GH EROVDV RMHUDV \ OtQHDV 'HVSXpV GH H[SUHVLyQ

&$%(//2 3,(/

3UXHED GH HILFDFLD GHUPDWROyJLFD UHDOL]DGD HQ ODERUDWRULRV &ODLP FRQ PXMHUHV HQWUH \ DxRV GXUDQWH VHPDQDV XVDQGR HO SURGXFWR YHFHV DO GtD

N= @= N= OAI=J= OAI=J= OAI=J=

.KO= IKOMQAP= U ?KJ?D= @A Jb?=N (= ?KI>EJ=?EäJ LANBA?P= MQA =?H=N= H= LEAH @A IE NKOPNK AJ OKHK OAI=J=O H= I=JPEAJA DE@N=P=@= LKN DKN=O {U =@AIbO H= LNKPACA @AH OKHÎ &UHPD DFODUDGRUD IDFLDO )36 J R] &yG

9DORUL]DGR HQ

.KO= IKOMQAP= U ?KJ?D= @A Jb?=N !H =?AEPA @A NKO= IKOMQAP= IAFKN= H= NAJKR=?EäJ @A H= LEAH U >NEJ@= OQ=RE@=@ U HQV = PQ NKOPNK ,KN OQ L=NPA H= ?KJ?D= @A Jb?=N =UQ@= = =?H=N=N AH PKJK @A PQ LEAH

$FODUD OD SLHO HQ VHPDQDV \ PHMRUD VX WRQR

)$&725 '( 3527(&&,Ä1 62/$5

)36

/ECQAO REÛJ@KPA LANBA?P= #N=?E=O = .AJ=?AN %JPAJOERK H= >AHHAV= @A PQ NKOPNK OA IQAOPN= ?KIK =JPAO ?KIK OEAILNA

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

/LQHV 2XW 7UDWDPLHQWR IDFLDO FRUUHFWRU GH DUUXJDV HQ FUHPD JHO PO IO R]

%ODQF 5DGLDQFH 7UDWDPLHQWR DFODUDGRU IDFLDO HQ FUHPD )36 J R]

)LUP $FWLRQ &UHPD IDFLDO UHDILUPDQWH J R]

&yG

(\HV &RUUHFWLRQ 7UDWDPLHQWR DILUPDQWH \ FRUUHFWRU SDUD HO FRQWRUQR GH RMRV HQ FUHPD J R]

9DORUL]DGR HQ

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

/LPSLDGRUD WRQLILFDQWH /RFLyQ PO IO R]

9DORUL]DGR HQ

&$%(//2 3,(/

5(1$&(5 ,17(16,92

&yG

&yG

9DORUL]DGR HQ

'( '(6&8(172

/LPSLD WRQL´ FD \ UHYLWDOL]D HO FXWLV

0A R= = CQOP=N LKNMQA &RUULJH ODV DUUXJDV \ EULQGD XQ HIHFWR GH UHOOHQR

5HDYLYD OD DSDULHQFLD GH OD PLUDGD D FXDOTXLHU HGDG

(=O LQA@AO QO=N = ?Q=HMQEAN A@=@

0EAJAO QJ= L=N= ?=@= JA?AOE@=@ AOLA?ß ?=

AHE?EKO=O PATPQN=O

5HD´ UPD OD SLHO GH WX URVWUR

'LVPLQX\H OD DSDULHQFLD GH PDQFKDV \ DFODUD WX SLHO

5RVWUR 5HGXFH OD DSDULHQFLD GH SXQWRV QHJURV \ SRURV DELHUWRV 5HPXHYH FpOXODV PXHUWDV UHGXFH HO EULOOR KXPHFWD \ VXDYL]D

2MRV 'LVPLQX\H DUUXJDV RMHUDV \ EROVDV $´ UPD HO FRQWRUQR GH ORV RMRV DO PLVPR WLHPSR TXH SURWHJH \ VXDYL]D OD SLHO

75,3/( $&&,Ã&#x201E;1 0$; 0DVFDULOOD H[IROLDQWH IDFLDO PXOWLEHQHILFLRV J R]

&UHPD SDUD HO FRQWRUQR GH RMRV J R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

SURPRFLyQ PXOWLFUHP QXWULHQWV / SiJ

&$%(//2 3,(/

(= BQAJPA @A H= FQRAJPQ@ Oß ATEOPA 0NELHA ??EäJ )=T PK@K AH LK@AN @A H=O NKO=O L=N= ?QE@=N PQ ?QPEO

$WHQ~D OD DSDULHQFLD GH DUUXJDV DFODUD HO WRQR GH OD SLHO UHD´ UPD QXWUH VXDYL]D \ SURWHJH WX URVWUR /LPSLD KXPHFWD WRQL´ FD UHIUHVFD VXDYL]D \ SURWHJH OD SLHO GH WX URVWUR

&UHPD IDFLDO GH MXYHQWXG QXWULWLYD 'H J R] 'H J R]

&UHPD IDFLDO GH EHOOH]D OLPSLDGRUD 'H J R]

'H J R]

&yG

&yG

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

9DORUL]DGR HQ

9DORUL]DGR HQ

z-QEÃ&#x203A;J @EFK MQA H= LEAH OA?= AO QJ LNK>HAI= )QHPE?NAI *QPNEAJPO >NEJ@= IbTEI= DQIA?P=?EäJ U @AF= PQ LEAH NA=HIAJPA OQ=RA

*HUPHQ GH WULJR QXWUH \ UHYLWDOL]D OD SLHO

$YHQD FRQ QXWULHQWHV HVHQFLDOHV SDUD OD SLHO

3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

0LHO DSRUWD KLGUDWDFLyQ GH PDQHUD QDWXUDO

35202&,Ã&#x201E;1 0XOWLFUHP 1XWULHQWV D VROR

3RU OD FRPSUD GH XQ SURGXFWR GH OD SiJ D OD

/,752

08/7,&5(0 3DUD SLHO H[WUD VHFD KLGUDWD UHYLWDOL]D SURWHJH \ VXDYL]D

1XWULHQWV /RFLyQ FRUSRUDO QXWULWLYD OLWUR IO R] &yG

9DORUL]DGR HQ

AO@A MQA J=?EOPA PA ?QE@K OKHK ?KJ HK IAFKN

/¤ K /¤ 0QO ?=NE?E=O OKJ H= LNEIAN= NAH=?EäJ MQA PEAJA PQ NA?EÃ&#x203A;J J=?E@K ?KJ AH IQJ@K LNKRA?D= AH >=ãK L=N= =?=NE?E=NHK ?KJ OQ=RE@=@

GH D PHVHV

6KDPSRR )yUPXOD H[WUD VXDYH 8Q VROR SURGXFWR TXH QXWUH VXDYL]D \ SURWHJH VX SLHO \ FDEHOOR

&RORQLD 7LHUQR DURPD QDWXUDO FRQ IyUPXOD VXDYH \ YLWDPLQD ( SDUD HO UHFLpQ QDFLGR

$*Ã&#x2021; 0i[LPR &XLGDGR &RORQLD VLQ DOFRKRO OLWUR IO R]

6KDPSRR SDUD FDEHOOR \ FXHUSR OLWUR IO R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

1,f26 %(%e6

/,752

-QÃ&#x203A; KNCQHHK OEAJPK ?Q=J@K IEO =IEC=O IA @E?AJ HK HEJ@K MQA AOPb IE >A>Ã&#x203A;

&RQ DYHQD \ SURWHtQDV GH OHFKH TXH GHMDQ VX SLHO VXDYH \ SURWHJLGD WRGR HO GtD

GH D PHVHV

)yUPXOD H[WUD VXDYH 8Q VROR SURGXFWR TXH QXWUH VXDYL]D \ SURWHJH VX SLHO \ FDEHOOR

$*Ã&#x2021; 0i[LPR &XLGDGR &UHPD FRUSRUDO KXPHFWDFLyQ KRUDV 'H J R] &yG

9DORUL]DGR HQ

'H J R] &yG

9DORUL]DGR HQ

6KDPSRR FDEHOOR \ FXHUSR PO IO R] &yG

9DORUL]DGR HQ

35202&,Ã&#x201E;1

GH D PHVHV

1,f26 %(%e6

7DOFR %DE\ 5HOD[ J R]

D VROR 9DORUL]DGR HQ

&yG SRU OD FRPSUD GH XQ SRUGXFWR $J~

7LHUQR DURPD µ RUDO FRQ QRWDV GH MD]PtQ \ YDLQLOOD TXH UHIUHVFD \ UHODMD D WX EHEp

8Q VROR SURGXFWR TXH FXLGD VX FDEHOOR \ SLHO LGHDO SDUD HO EDxR DQWHV GH GRUPLU

'HOLFDGD FDULFLD TXH VXDYL]D VX SLHO \ OR D\XGD D GRUPLU SURIXQGDPHQWH

3URWHJH VX SLHO FRQ IpFXODV GH PDt] DORH PDQ]DQLOOD µ RUHV GH D]DKDU \ FDQHOD

$*Ã&#x2021; %DE\ &RPIRUW &RORQLD PO IO R]

6KDPSRR FDEHOOR \ FXHUSR PO IO R]

/RFLyQ KLGUDWDQWH SDUD PDVDMHV PO IO R]

&yG

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

9DORUL]DGR HQ

)A =HACN=O AH @ß= ?KJ PQO OKJNEOEP=O ?KJP=CEKO=O

/¤ K /¤ 0N=O AH >=ãK AJRQAHRA = PQ >A>Û AJ AH =NKI= @AHE?EKOK U NABNAO?=JPA @A H= ?KHKJE= Cé LNKRA?D= AH IKIAJPK L=N= D=?ANHA ?KOMQEHH=O MQA HK D=C=J OKJNAßNÎ

6KDPSRR /H GDUi D VX FDEHOOR FODUR EULOOR \ VXDYLGDG

/,752

/,752

&RORQLD 7LHUQR DURPD FRQ µ RUHV GH PDQ]DQLOOD TXH OR GHMDUi IUHVFR \ UHODMDGR

6KDPSRR &RQ HVHQFLDV GH PLHO \ WULJR SDUD TXH WHQJD HO FDEHOOR PiV IXHUWH \ VDQR

$*Ã&#x2021; 6KDPSRR FRQ PDQ]DQLOOD \ DFHLWHV GH DOJRGyQ OLWUR IO R] &yG

9DORUL]DGR HQ

'H PO IO R]

&RORQLD FRQ IORUHV GH PDQ]DQLOOD OLWUR IO R]

6KDPSRR FRQ PLHO \ WULJR OLWUR IO R]

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

&yG

'H PO IO R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

1,f26 %(%e6

GH D PHVHV

)A AJ?=JP= ?Q=J@K IE DEF= IA @E?A MQA MQEANA OAN ?KIK UK

0,1, &+,&6 /LVD &RRO 6KDPSRR HQ PO IO R] &yG

9DORUL]DGR HQ

(Q XQ VROR SDVR VX FDEHOOR TXHGDUi OLPSLR VHGRVR \ FRQ XQ ULTXtVLPR DURPD D WXWWL IUXWWL

&DQG\ 6ZHHW /RFLyQ SDUD HO FXHUSR FRQ FKLVSLWDV PO IO R] &yG

9DORUL]DGR HQ

5XEL 'LYLQH &RORQLD FRQ FKLVSHDQWHV HVWUHOODV PO IO R] &yG

9DORUL]DGR HQ

0RGHUQR DURPD µ RUDO IUXWDO VROR SDUD FKLFDV FRRO

/¤ K /¤ /E PQ DEF= AO ?KKH U NA B=ODEKJ D=V MQA H=O AOPNAHH=O U ?DEOLEP=O @A )EJE DE?O H= D=C=J >NEHH=N AJPNA PK@=O OQO =IEC=O

SURPRFLyQ 5HORM FRPDQGR ZDWFK SiJ

8Q DURPD GH GHOLFLRVDV µ RUHV \ IUXWDV SDUD ODV FKLFDV PiV IDVKLRQ

1,f26 %(%e6

'HVHQUHGD HO FDEHOOR OH GD XQ EULOOR IDEXORVR \ OR GHMD OLVWR SDUD ORV SHLQDGRV PiV OLQGRV

;

'HMD VX SLHO PX\ VXDYH FRQ XQ RORU ULTXtVLPR \ FRQ SUHFLRVRV EULOORV

&XDOTXLHU FRPELQDFLyQ HV SRVLEOH HQWUH HO GHVHQUHGDQWH OD FRORQLD .HOO\ 7HFK \ HO VKDPSRR &DQG\ \ .HOO\

'HVHQUHGDQWH 7LQD 'DQFH &RORQLD .HOO\ 7HFK 6KDPSRR &DQG\ \ .HOO\

&yG &yG &yG

7LQD 'DQFH 'HVHQUHGDQWH PiJLFR PO IO R] &yG

9DORUL]DGR HQ

.HOO\ 7HFK &RORQLD FRQ FKLVSHDQWHV HVWUHOODV PO IO R] &yG

9DORUL]DGR HQ

&RQ PDQ]DQLOOD \ SURWHtQDV GH WULJR UHVDOWD HO FRORU QDWXUDO GHO FDEHOOR FODUR

&DQG\ \ .HOO\ 6KDPSRR PDQ]DQLOOD HQ PO IO R] &yG

9DORUL]DGR HQ

0Q AJANCß= AO EJ=CKP=>HA U ?=@= @ß= PEAJAO IbOÎ

/¤ K /¤ &QC=N BQAN= @A ?=O= PA =UQ@=Nb = ?KJK?AN JQARKO =IECKO ?KJ HKO MQA PA @ERANPENbO IQ?DßOEIK !JOÛã=HAO MQEÛJAO OKJ PQO OQLANDÛNKAO B=RKNEPKO HKO KI=J@K "KN?AÎ

SURPRFLyQ 5HORM FRPDQGR ZDWFK SiJ

1,f26 %(%e6

;

&XDOTXLHU FRPELQDFLyQ HV SRVLEOH HQWUH 6SXPDWDN \ ;SODVK

0i[LPD HVSXPD TXH HOLPLQD WRGR UDVWUR GH VXFLHGDG HQ HO FDEHOOR

6KDPSRR 6SXPDWDN

&yG

&RORQLD ;SODVK

&yG

&20$1'2 )25&( $URPD[ &RORQLD PO IO R] &yG

5HIUHVFDQWH DURPD SDUD VXSHUKpURHV TXH GHVLQWHJUD D ORV 0XJU\[

9DORUL]DGR HQ

6SXPDWDN 6KDPSRR HQ PO IO R] &yG

9DORUL]DGR HQ

3DUDJHOL[ *HO J R] &yG

9DORUL]DGR HQ

;SODVK &RORQLD PO IO R] &yG

9DORUL]DGR HQ

3HUPLWH KDFHU ORV SHLQDGRV PiV GLYHUWLGRV \ PRGHUQRV

8Q KXUDFiQ GH IUHVFXUD FRQ DURPD D GHOLFLRVDV IUXWDV

)A B=O?EJ= RANHKO FQC=N BAHE?AO @QN=JPA PK@K AH @ß=

0DQWLHQH VX FDEHOOR OLVLWR \ VHGRVR

+$33< &/8% 1XU\ *OXE\ 6KDPSRR FDEHOOR RQGXODGR HQ PO IO R] &yG

'HVHQUHGD DO Pi[LPR VX FDEHOOR RQGXODGR \ OR GHMD KHUPRVR

'HOIL 6SODVK 6KDPSRR FDEHOOR OLVR HQ PO IO R]

6X ULFR DURPD D QDUDQMD OD YD D GHMDU ROLHQGR GHOLFLRVR

&yG

9DORUL]DGRV HQ F X F X &RFR]LxR &RORQLD SDUD QLxRV PO IO R] &yG

+LSRSRYD &RORQLD SDUD QLxDV PO IO R] &yG

9DORUL]DGDV HQ F X F X

6X DURPD D OLPyQ OR KDUi VHQWLUVH PX\ IUHVFR GHVSXpV GHO EDxR

35202&,Ä1 5HORM &RPDQGR :DWFK D VROR

&yG

SRU OD FRPSUD GH XQ SURGXFWR GH OD SiJ D OD

5HORM &RPDQGR :DWFK 0RGHUQR UHORM SDUD QLxR FRQ OD LPDJHQ GH ORV &RPDQGR )RUFH HQ HO GLDO 9DORUL]DGR HQ &RUUHD \ PDQHFLOODV GH FRORU D]XO

1~PHURV HQ FRORU QDUDQMD

&RPDQGR )RUFH D OD KRUD /RV VXSHUKpURHV VLHPSUH VRQ SXQWXDOHV 5HJDOD HVWH UHORM HQ VX OLQGD FDMD UHGRQGD GH FRORU QDUDQMD 3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

KJ OKHK QJ =??AOKNEK PA ?KJREANPAO AJ QJ= LNEJ?AO=

/¤ K /¤ ,=N= MQA PQ LAMQAã= AOPÛ OEAILNA N=@E=JPA @EHA MQA AHH= AO AOLA?E=H LKNMQA AO éJE?= 5 HQACK NACbH=HA QJ HEJ@K =??AOKNEK MQA H= D=C= HQ?EN =éJ IbO >AHH=

SURPRFLyQ 5HORM FRPDQGR ZDWFK SiJ

+$67$

&2/(&&,Ä1 67$5(//$

(Q EDxR GH RUR FRQ FULVWDOHV \ HVPDOWHV SLQWDGRV D PDQR GH FRORU PRUDGR \ WXUTXHVD

&ROODU

,QFOX\H GLMH FRQ IRUPD GH PDULSRVD \ FULVWDO FHOHVWH 0HGLGDV DSUR[ GHO GLMH FP [ FP &yG

9DORUL]DGR HQ

1,f26 %(%e6

18(9$

'( '(6&8(172

$URV

&yG

9DORUL]DGR HQ

$URV ODUJRV &yG

9DORUL]DGR HQ

3XOVHUD

,QFOX\H GLMH GH PDULSRVD \ FULVWDO 0HGLGDV GHO GLMH FP [ FP &yG

9DORUL]DGR HQ

18(92

(VWXFKH GH DQLOORV 3ULQFHVV

(Q EDxR GRUDGR \ SODWHDGR FRQ HVPDOWHV OLQGDV SLHGUDV \ FULVWDO WUDVO~FLGR

7UHV SDUHV GH DQLOORV FRQ IRUPDV GH SULQFHVD HVWUHOOD \ FRURQD 7DOOD UHJXODEOH &yG

9DORUL]DGR HQ

(VWXFKH GH DURV 0DJLF *DUGHQ 6LHWH SDUHV GH DURV V~SHU FRPELQDEOHV FRQ GLVHxRV GH IORU PRQR SLQJ LQR HVWUHOOD IXJD] \ PiV &yG

9DORUL]DGR HQ

(Q EDxR GH RUR \ SODWD FRQ HVPDOWHV GH FRORUHV \ FULVWDOHV

18(675$ %,-287(5,( (6

/,%5( '( 3/202

DURPDV /! 1 0+.!/

67521* 086. &RORJQH PO IO R] &yG

9DORUL]DGR HQ

(VSHFLDGR 6HGXFWRU 1RWDV GH PXVN \ EHUJDPRWD VH XQHQ HQ XQ H[FLWDQWH DURPD

e/ e/ (KO =NKI=O OKJ EILNA@A?E>HAO

(/ 25,*(1 '( /$ 3$6,Ä1 !H LK@AN @A H= OA@Q??EäJ

(= BN=C=J?E= LANBA?P= AO QJ RE=FA EJ?NAß>HA L=N= HKO OAJPE@KO HHAJK @A NKI=J?A =RAJPQN= U IEOPANEK z äIK OANb H= LNäTEI= RAV *=@EA HK O=>A (K EILKNP=JPA AO @EOBNQP=N AH IKIAJPK U D=?AN @A ?=@= OQOLENK QJ= DEOPKNE= EJKHRE@=>HA

(/(*,5 81$ )5$*$1&,$ $/ $=$5" -$0½6

'2 ,$ (& 3 (6

62 2 (5 $' 0

62 2 (5 ' $ 0

+( 5% $/ &À 75 ,& 2

0$'(5262

+(5%$/

&À75,&2

&À75,&2

(63(&,$'2

2 ,& 75 &À

$/ 5% +(

,9 &7 $

6('8&7

25

2

1

5

( '

2

0

2 $' &, 3( (6

(/( *$ 17 (

!J AH >=JE?K @A NKI=O @A ^OEG= AJ?QAJPN= OQ BN=C=J?E= E@A=H

+(5%$/

0$'(5262

(63(&,$'2

«O=HK =Oß 1>E?= QJK @A HKO CNQLKO OACéJ OQ AOPEHK !HAC=JPA )K@ANJK /A@Q?PKN K ?PERK

(QACK AHECA AH =NKI= OACéJ H= B=IEHE= KHB=PER= !OLA?E=@K )=@ANKOK $AN>=H K ßPNE?K

!OP=O OAã=HAO PA CQE=NbJ = AJ?KJPN=N AH =NKI= MQA >QO?=O AJ AH ?=PbHKCK DURPDV !(!# *0!/

,PSHULXP $]DEDN '­RUVD\ '­RUVD\ &ODVV

DURPDV )+ !.*+/

.DORV %ODFN +LJKZD\ &DUGLJDQ

DURPDV /! 1 0+.!/

6WURQJ 0XVN 9DQLOOD +RPEUH .DORV 7RQLJKW 9HKHPHQFH SDUD pO ,PiQHP %UDYtR 0D[ (URV 3XOVR 6DOYDMH )RJRV

DURPDV 0%2+/

$YHQWRXU )RU]H .DORV 6SRUW $OWKHXV <RX <RX /LYH

e/ e/

DURPDV /! 1 0+.!/

3$5$ 72'2 81 +20%5( 72'2 81 $520$ "NAO?K EIL=?P=JPA H= IbO RENEH EJPANLNAP=?EäJ @A =?KN@AO @A I=@AN=O NQ>E=O U RAPERAN OA BQJ@AJ ?KJ NAOEJ=O J=PQN=HAO LQN=O U ?QANK L=N= HKCN=N QJ= BN=C=J?E= LKPAJPAIAJPA I=O?QHEJ=

'HVRGRUDQWH UROO RQ PO IO R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

e/ e/

18(9$

0$; (DX GH WRLOHWWH DWRPLVHXU PO IO R]

0DGHURVR 6HGXFWRU ,PSDFWDQWH \ SRGHURVD PL[WXUD GH PDGHUDV YHWLYHU \ FXHUR

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

DURPDV /! 1 0+.!/

(VSHFLDGR 6HGXFWRU 6HGXFWRUDV QRWDV GH SDWFKRXOL \ ViQGDOR OD FRQTXLVWDQ

(67$ 6(5½ /$ 12&+( 3(5)(&7$

)éOE?= NKIbJPE?= IEN=@=O =PNARE@=O

QJ =NKI= ENNAOEOPE>HA

.$/26 721,*+7 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

e/ e/

(/ '(6(2 (6 ,1&217(1,%/(

(VSHFLDGR 6HGXFWRU 1RWDV GH QXHFHV FDUGDPRPR \ PDGHUDV HQFLHQGHQ OD SDVLyQ

'( '(6&8(172 (1 9(+(0(1&( 3$5$ e/

9(+(0(1&( 3$5$ e/ &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

DURPDV )+ !.*+/

3$5$ (/ +20%5( 02'(512 < (1&$17$'25 &$5',*$1 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

.$/26 %/$&. &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

+HUEDO 0RGHUQR 2ULJLQDOHV QRWDV GH KRMDV GH PHQWD IUHVFD ODYDQGD FLSUpV \ YHWLYHU

(VSHFLDGR 0RGHUQR 0DGHUDV H[FOXVLYDV \ HVSHFLDV ~QLFDV SDUD HO KRPEUH GLVWLQJXLGR

e/ e/

'( '(6&8(172 (1 +,*+:$<

+,*+:$< &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

0DGHURVR 0RGHUQR $XGDFHV QRWDV GH PXVN WRQND \ YHWLYHU LQYLWDQ D YLYLU LQWHQVDPHQWH

81 $520$ $8'$= '20,1$ /$ &,8'$'

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ '( +,*+:$< (1 78 3,(/

DURPDV /! 1 0+.!/

81 $520$ 48( $&(/(5$ /26 /$7,'26

78 2)(57$ (675(//$

,QHOK AH OA?NAPK @A OA@Q??EäJ @A DNEOPE=J )AEAN

38/62 &+5,67,$1 0(,(5 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

+HUEDO 6HGXFWRU (QYROYHQWHV DFRUGHV GH FDUGDPRPR WDEDFR \ VHGXFWRU FHGUR URMR

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

DURPDV /! 1 0+.!/

'20$'25 '( &25$=21(6

N=RßK AH =NKI= =PNARE@K @A DNEOPE=J )AEAN

%5$9À2 &+5,67,$1 0(,(5 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

0DGHURVR 6HGXFWRU $URPD FRQ LQWHQVR FXHUR \ VHGXFWRUDV QRWDV GH iPEDU \ PDGHUD

e/ e/

,167,172 '( 6('8&&,Ã&#x201E;1

+HUEDO 6HGXFWRU ,QWHQVDV QRWDV FtWULFDV \ DSDVLRQDQWH ViQGDOR \ SDWFKRXOL

6$/9$-( &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

+HUEDO 6HGXFWRU 9LULOHV QRWDV GH FXHUR ODYDQGD \ HVHQFLDV FtWULFDV

0DGHURVR (OHJDQWH 6R´ VWLFDGDV QRWDV GH OLPyQ GH ,WDOLD SLPLHQWD QHJUD \ VHOHFWDV PDGHUDV

,03(5,80 &RORJQH DWRPLVHXU PO IO R]

(526 &RORJQH DWRPLVHXU PO IO R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

e/ e/

/$ 7(03(5$785$ 68%( &8$1'2 e/ 6( $&(5&$

+HUEDO 6HGXFWRU 3DWFKRXOL \ FDUGDPRPR VH XQHQ HQ OD PiV LUUHVLVWLEOH HVHQFLD PDVFXOLQD

)2*26 (DX GH WRLOHWWH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

DURPDV 0%2+/

+HUEDO $FWLYR (QpUJLFDV QRWDV FtWULFDV FHGUR YHWLYHU \ PXVN

+HUEDO $FWLYR 'LQiPLFD IUHVFXUD FRQ YLJRURVDV QRWDV GH ODYDQGD

.$/26 63257 &RORJQH DWRPLVHXU PO IO R]

$/7+(86 &RORJQH DWRPLVHXU PO IO R]

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ $/7+(86 (1 78 3,(/

e/ e/ )25=( &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

+HUEDO $FWLYR 3RWHQWHV QRWDV GH OLPyQ WRQND \ FHGUR EODQFR

/26 /Ã&#x20AC;0,7(6 621 3$5$ 5203(56(

DURPDV /! 1 0+.!/

68 (1&$172 (6 81 0,67(5,2 /Q =NKI=

H= éJE?= LEOP=

/$ &2035$

(VSHFLDGR 6HGXFWRU /D LQWHQVLGDG GHO ViQGDOR \ HO FDVKPqUH VH FRPELQDQ HQ XQD IUDJDQFLD LUUHVLVWLEOH

e/ e/

723 ,0½1(0 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

18(92 7$3$%2721(6 (5$= 0HGLGDV DSUR[LPDGDV [ FP &yG

(Q EDxR GH SODWD FRQ GLVHxR WH[WXUDGR \ IUDQMD OLVD DO PHGLR

9DORUL]DGR HQ

&2/(&&,Ã&#x201E;1 +(55$-( &DGHQD /DUJR FP 0HGLGDV GHO GLMH [ FP &yG

9DORUL]DGR HQ

(VFODYD 0HGLGD DSUR[ GHO GLMH [ FP &yG

9DORUL]DGR HQ

(Q EDxR GH SODWD \ GLMH UHFWDQJXODU FRQ GLVHxR GH GRV KHUUDGXUDV

'LMH HQ IRUPD GH KHUUDGXUD HQ EDxR GH SODWD 9LHQH FRQ GRV FROODUHV XQR HQ EDxR GH SODWD \ RWUR GH FXHUR

(Q EDxR GH SODWD \ RUR 'LMH FRQ WH[WXUD GH DOWD MR\HUtD \ FULVWDOHV QHJURV LQFUXVWDGRV

78 2)(57$ (675(//$

18(9$ &2/(&&,Ã&#x201E;1 /$1'(1

&DGHQD /DUJR FP 0HGLGDV GHO GLMH [ FP

(VFODYD 0HGLGD DSUR[ GHO GLMH [ FP

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

&yG

18(675$ %,-287(5,( (6

/,%5( '( 3/202

3527(&&,Ã&#x201E;1 &2175$ /26 5$<26

89

$SOLFDFLyQ HQ IRUPD GH FUX] EUD]RV GRUDGRV \ FULVWDOHV PDUURQHV

/HQWHV &UR[H &yG

9DORUL]DGR HQ

5HORM .DRE &yG

9DORUL]DGR HQ

7RGRV QXHVWURV UHORMHV FXHQWDQ FRQ JDUDQWtD GH PHVHV \ YLHQHQ HQ HVWXFKH

3LH]D FHQWUDO GH PHWDO SODWHDGR FRUUHD GH FXHUR PDUUyQ \ GLDO PDUUyQ FRQ HIHFWR WRUQDVRODGR

3527(&&,Ã&#x201E;1 &2175$ /26 5$<26

e/ e/

89

0DUFR QHJUR FRQ IUDQMD VXSHULRU D]XO EUD]RV D]XOHV \ FULVWDOHV QHJURV

/HQWHV $XVWLQ &yG

9DORUL]DGR HQ

5HORM 0RGX[ &yG

9DORUL]DGR HQ

7RGRV QXHVWURV OHQWHV YLHQHQ FRQ HVWXFKH

3LH]D FHQWUDO GH PHWDO \ FRUUHD GH FXHUR QHJUD FRQ SHVSXQWH FRORU D]XO

6,(035( $75$&7,92 7UDWDPLHQWR IDFLDO PXOWLDFFLyQ &RQWUROD HO H[FHVR GH JUDVD SUHYLHQH OD DSDULFLyQ GH DUUXJDV GHO URVWUR \ UHIUHVFD OXHJR GHO DIHLWDGR

&RQWUROD OD JUDVD HQ OD ]RQD 7

/RFLyQ FDSLODU )RUWDOHFH HO FXHUR FDEHOOXGR H LQFHQWLYD HO FUHFLPLHQWR FDSLODU

e6,.$ 0(1 7UDWDPLHQWR IDFLDO PXOWLDFFLyQ HQ ORFLyQ PO IO R]

/RFLyQ IRUWDOHFLPLHQWR DQWLFDtGD PO IO R]

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

&yG

&$%(//2 3,(/ 'HVRGRUDQWH HQ VSUD\ $VHJXUD KDVWD KRUDV GH SURWHFFLyQ FRQWUD OD VXGRUDFLyQ \ HO PDO RORU &RQ DURPD D PHQWD \ PDGHUDV

&RORQLD )UHVFDV QRWDV GH EHUJDPRWD PHQWD WRURQMD \ ODYDQGD TXH UHIUHVFDQ \ UHFDUJDQ GH HQHUJtD

6KDPSRR 0i[LPD )XHU]D 5HGXFH OD FDtGD GHO FDEHOOR HQ XQ

)UHVK %RG\ VSODVK UHIUHVFDQWH PO IO R]

'HVRGRUDQWH VSUD\ PO IO R]

6KDPSRR Pi[LPD IXHU]D PO IO R]

&yG

&yG

&yG

9DORUL]DGR HQ

9DORUL]DGR HQ

9DORUL]DGR HQ

&DtGD GHO FDEHOOR SRU TXLHEUH UHVXOWDGRV D SDUWLU GH OD WD ODYDGD YV HO FRQWURO EDVDO

DURPDV /!*/1 (!/

)ORUDO 6HQVXDO $WUDFWLYD \ QDWXUDO FRPR OD SDUDGLVtDFD µ RU GH 7LDUp

)ORUDO 5RPiQWLFD 'HOLFDGDV URVDV GH %XOJDULD UHYHODQ WX HVHQFLD IHPHQLQD

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ '( *5$==,$ (;27,& (1 78 3,(/

35202&,Ä1 *UD]]LD 3DUDGLVH *UD]]LD ([RWLF R *UD]]LD D VROR

F X

3RU OD FRPSUD GH XQ SURGXFWR GHO FDWiORJR

*5$==,$ 3$5$',6( (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

*5$==,$ (;27,& (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

)ORUDO 6HQVXDO 0LVWHULR \ VHQVXDOLGDG HQ XQD IXVLyQ GH RUTXtGHDV \ H[yWLFDV IUXWDV

*5$==,$ (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ F X

5 OE BQAN=O QJ= BHKN

z?QbH OANß=O "HKN @A 0E=NÛ KNMQß@A= ATäPE?= K NKO= @A QHC=NE= 1R LQFOX\H RWUDV SURPRFLRQHV QL PXHVWUDV 3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

2)(57$ 0$*1À),&$

6(5 /,%5( (6 81$ $9(1785$

D VROR

&+,/( & +$= 78 3(','2 $ 75$9e6 '( 78 &2168/725$ 2 //½0$126 *5$7,6 $/ 7(/e)212 &$7½/2*2 9,*(17( &RQVXOWH IHFKD GH YLJHQFLD GHO FDWiORJR VHJ~Q VX ]RQD GH YHQWD

eVLND FRPXQLFD D VXV FOLHQWHV TXH DPERV ORJRV GH OD PDUFD HVWiQ YLJHQWHV \ SRGUi UHFLELU SURGXFWRV FRQ FXDOTXLHUD GH HOORV PDQWHQLHQGR HO PLVPR QLYHO GH FDOLGDG 6tJXHQRV HQ ZZZ HVLND EL]

ZZZ IDFHERRN FRP HVLND EHOFRUS

ZZZ \RXWXEH FRP (VLND9LGHRV

#(VLND%HOFRUS

,035(6,Ð1 0(752&2/25 6 $