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TLS;RC6MK DGCALSK MLRMNCK IRCK =LK ?LC9AE6K RC:KERSME.K'AKIRCK=LKIER?( ?LC9GC9KANKHLL)KDNSHKRC:K ?G/GC9KM)RILMKIN;QNSAR=?6K DRS;K DEG?LK ;RGCARGCGC9K MBQ IGLCAKMB))?6KNQKQSLMEK RGS.K 7SLMEK RGSK GCK LCI?NML:K M)RILMKGMKCNAKNC?6KG;)NS( ARCAK QNSK )LN)?L"K =BAK AELK ?RIHKNQKMBQ IGLCAKQSLMEKRGSK )SN/G:LMK RK INC:GAGNCK BC( :LSKDEGIEK;N?:KIRCK9SND.K $N;;BCGA6K ;L;( =LSMK MENB?:K BMLK IN;;NCK MLCMLK DEG?LK ;RGCARGCGC9K MBQ IGLCAKQSLMEKRGSKGCKAELGSK EN;LMKRC:KDNSHKM)RILM.K <ELK QNSIL:K RGSK L( IERC9LK GMK RK ALS;K BML:K GCK TLS;RC6K ANK ;RGCARGCK MBQ IGLCAK QSLMEK RGS.K 'AK GMK RK MENSAK RC:K GCALCMLK RGSK LIERC9LK )SNILMMK DEGIEK

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D(IHFIHC::F?KF0D,HL5H)68H7DD:HA6@D=HI8'I?@F'DHK6HBH@C5D7(6D>@JIH:CFG)H7D(IGDKKD@,H2ACFGH8IC&&7D(ID8@,C@A),AFGHK6H&DKH)68@H:CFG)H7D(IH4,


  





    

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

               

C<<MLHBE)I KMI &A@BLCI ACH?GAA7I ACH?GAAIJCDI?ML9GHIBEIKJGI)CLLBDMEI 4;:AB<I C88CBLDI M8%<GI 8MLI EGCLA+I I +GCLDI CEHI JCDI DGGEI KJGI G@MA;KBMEI M8I CI GLFCE>$FGLB<CEI G=<JCE)GI 4LM> )LCFIG::ICEHIM?7 65GI ;DGHI KMI :;DI FCE+I GLFCEI DK;HGEKDIMEKMI4MDKIKMI@BDBKIKJGI$FGLB> <CEI D<JMMADI JGLG32I ACH?GAAI DCBH7I

6CE+I +GCLDI C)MI KJGI GLFCEDI JCHI CI8CLFI4LM)LCFIKJCKIDGEKIDBE)AGIMA> HBGLDI KMI 8CLFDI BEI HB88GLGEKI @BAAC)GD7I BE)AGIMAHBGLDI;DGHIKMICADMIJC@GIKJGI M4KBMEI KMI D4GEHI KJGBLI /JLBDKFCDGDI ?BKJIHB88GLGEKIGLFCEI8CFBABGD72 5JBAGI LGK;LEBE)I KMI KJGI )MMHI MAHI HC+DI BDE,KI EG<GDDCLBA+I KJGI )MCA3I DKLGE)KJGEBE)I KJGI LGACKBMEDJB4I ?BKJI KJGI C@CBAC:AGI LGDM;L<GDI BDI :MKJI 8GC> DB:AGICEHID;DKCBEC:AG7I

@GLDGCDIDGL@B<GI4JMKMI 4LM G<KICEEM;E<GH              

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GD,I<A;:DICEHI<LMDDI4MAABECKGIKJGIGL> FCEICEHI$FGLB<CEI+M;KJICEHID<JMMAI 4LM)LCFD7 65J+IBDIBKIDMIJCLHIKJCKI?GIHME,KI 9EM?I ?JCK,DI )MBE)I MEI BEI KJGI <BK+2I 5G:GLICD9GH7I6$EHI?J+IBDIBKIDMIJCLHI 8MLIGLFCEDIKMI9EM?I?JCK,DIJC44GE> BE)I MEI 4MDKI 5G,LGI EMKI G=<JCE)BE)I CE+IBE8MLFCKBME7I*JCK,DI?J+I-IKJBE9I ?GI EGGHI CI :GKKGLI 4CLKEGLDJB4I 4LM> )LCF72

  

 

 

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