6FKHPDWSREUDQR]VHUZLVX

KWWSZZZHOHNWURQLNDJHU\SO

0LQLDWXURZ\WHUPRVWDW

6WDQGDUGRZHXNáDG\WHUPRVWDWyZHOHNWURQLF]Q\FKZ\PDJDM ]DVWRVRZDQLDQDVW SXMF\FKHOHPHQWyZ

 F]XMQLNDWHPSHUDWXU\ Z]PDFQLDF]DSRPLDURZHJR QDSL FLDRGQLHVLHQLD XNáDGXZ\NRQDZF]HJR

3RSUDZQH GREUDQLH ZV]\VWNLFK Z\PLHQLRQ\FK HOHPHQWyZ MHVW F] VWR ]DGDQLHP GRü NáRSRWOLZ\P L

NRV]WRZQ\P %XGRZ GREUHM MDNRFL WHUPRVWDWX ]QDF]QLH XSUDV]F]D ]DVWRVRZDQLH XNáDGX /0

RIHURZDQHJRSU]H]ILUP 1DWLRQDO6HPLFRQGXFWRU

-HVW WR QLHZLHONL ]DPNQL W\ Z REXGRZLH ',3 XNáDG VFDORQ\ LQWHJUXMF\ Z VWUXNWXU]H WU]\

QDMZD*QLHMV]H HOHPHQW\ WHUPRVWDWX W]Q F]XMQLN SRPLDURZ\ (UyGáR UHIHUHQF\MQH RUD] Z]PDFQLDF]

SRPLDURZ\7DNZL FGRZ\NRQDQLDNRPSOHWQHJRUHJXODWRUDZ\VWDUF]DEDUG]RPDáDLORüHOHPHQWyZ

FRZLGDüQDVFKHPDFLHHOHNWU\F]Q\P3U]\SRPRF\SRWHQFMRPHWUD3XVWDODVL WHPSHUDWXU SURJRZ

UHJXODWRUD1DSL FLHQDZHMFLXQLHRGZUDFDMF\PZ]PDFQLDF]DSRPLDURZHJRXNáDGX86]PLHQLDVL

R P9. 1DSL FLH WR SRGDZDQH MHVW ] F]XMQLND SRPLDURZHJR : WHPSHUDWXU]H ƒ& Z\QRVL RQR

9 D Z WHPSHUDWXU]H ƒ& 9 :HMFLH RGZUDFDMFH Z]PDFQLDF]D Z\SURZDG]RQH MHVW QD

]HZQWU]G]L NLF]HPXPR*OLZHMHVWSRGáF]HQLHGRQLHJRSRWHQFMRPHWUD3

5H]\VWRU5NWyU\MHVWZáF]RQ\ZV]HUHJ]Z\SURZDG]HQLHP9F86RJUDQLF]DSREyUSUGXSU]H]

XNáDG 86 FR ]DSRELHJD MHJR QDGPLHUQHPX QDJU]HZDQLX ]ZL NV]D WR VWDELOQRü SRPLDUX

7UDQ]\VWRU7VSHáQLDURO Z]PDFQLDF]DVWHUXMFHJRSU]HND(QLNLHPZ\MFLRZ\P3U]5H]\VWRU\5L

5 XVWDODM ZDUXQNL SUDF\ WHJR WUDQ]\VWRUD : SU]\SDGNX ]DVWRVRZDQLD SU]HND(QLND ] FHZN

SU]\VWRVRZDQ GR]DVLODQLDQDSL FLHP9ZV]HUHJ]QL QDOH*\ZáF]\üUH]\VWRURJUDQLF]DMF\SUG

5-HJRZDUWRüQDOH*\GRVWRVRZDüGRZ\PDJD SU]HND(QLND

0RVWHN0VSHáQLDGZLHIXQNFMH ]DEH]SLHF]DXNáDGSU]HGEá GQ\PSRGáF]HQLHPQDSL FLD]DVLODQLD

GR]áF]$&SRGáF]DP\QDSL FLHRGRZROQHMSRODU\]DFMLPR*HWH* VáX*\üGRSURVWRZDQLD]PLHQQHJR

QDSL FLD ]DVLODQLD 7DND V\WXDFMD Z\PDJD MHGQDN ]ZL NV]HQLD SRMHPQRFL NRQGHQVDWRUD

HOHNWUROLW\F]QHJR&GRPLQX)X)

-H*HOL SU]HND(QLN 3U] E G]LH PLDá ZEXGRZDQ UyZQROHJOH GR FHZNL GLRG SU]HFLZSU]HSL FLRZ QLH

Z\VW SXMH NRQLHF]QRü GRGDWNRZHJR ]DEH]SLHF]DQLD WUDQ]\VWRUD 7 SU]HG XV]NRG]HQLHP :

SU]\SDGNXEUDNXWHMGLRG\QDOH*\UyZQROHJOHGR FHZNLDQRG GRPDV\]DVLODQLD ZáF]\üGRZROQ

GLRG NU]HPRZQS1

(OHNWURQLND3UDNW\F]QD