* '
'
!"#$ ( %& $$ ' ( ) *$ $ ++ *$ ,# ,+
- &
)XQNFMHWHUHQÐZ]LHORQ\FKZPLHFLH
*RVLD ZLGHUHN
.V]WDáFHQLH VSRVWU]HJDZF]RFL L XZDJL GRVNRQDOHQLH XPLHMWQRFL XZD*QHJR VáXFKDQLD
UR]ZLMDQLH ZLHG]\ R NXOWXU]H ZáDVQHJR UHJLRQX NV]WDáWRZDQLH SRF]XFLD WURVNL R ]DFKRZDQLH
G]LHG]LFWZD NXOWXURZHJR ZVND]DQLH ZDORUyZ WXU\VW\F]Q\FK SDUNX L RNROLF ZGUD*DQLH GR GáX*V]\FK
Z\SRZLHG]L QD RNUHORQ\ WHPDW =DMFLD GRW\F] IXQNFML VSRáHF]QRNXOWXURZ\FK SDUNyZ L LQQ\FK
WHUHQyZ ]LHORQ\FK Z PLHFLH
GOD XF]QLyZ NODV ,99, V]Nyá SRGVWDZRZ\FK L JLPQD]MyZ
3DUN 'UyGOLVND SR GUREQHM PRG\ILNDFML LQQ\ SDUN ] FLHNDZ KLVWRUL L Uy*QRURGQ\PL IXQNFMDPL
ZLRVQD ODWR MHVLH
RáyZNL SDSLHU $ QD QRWDWNL L QD U\VXQNL MDNLH SRGNáDGNL NVHURNRSLH SODQyZ
GX*\ L PDá\ GOD ND*GHM JUXS\ LQVWUXNFMH GOD JUXS
=DMFLD UR]SRF]\QDP\ S\WDQLHP VNLHURZDQ\P GR XF]QLyZ F]\ ]QDM WHQ SDUN F]\ NLHG\ Z QLP E\OL
F]\ F]\WDOL OXE Vá\V]HOL R QLP" 1DXF]\FLHO RSRZLDGD KLVWRUL SDUNX L FLHNDZ\FK RELHNWyZ ZRNyá
']LHOLP\ XF]QLyZ QD JUXS ND*GD ] QLFK RWU]\PXMH NVHURNRSLH GZyFK SODQyZ QDMSLHUZ V]HUV]\
REHMPXMF\ RNROLFH Sy(QLHM SODQ VDPHJR SDUNX ] LQVWUXNFM L RáyZNL 3LHUZV]\P ]DGDQLHP MHVW
XáR*HQLH SODQX SDUNX L MHJR RNROLF ]JRGQLH ] U]HF]\ZLVWRFL ]RULHQWRZDü ZJ XOLF EXG\QNyZ *UXS\
ORNDOL]XM QD PDSLH RELHNW\ R NWyU\FK ZF]HQLHM E\áD PRZD 3DáDF +HUEVWD ± 0X]HXP 6]WXNL
SU]G]DOQLD . 6FKHLEOHUD ± XO 7\PLHQLHFNLHJR IDPXá\ ± RVLHGOH PLHV]NDOQH GOD URERWQLNyZ ]HVSyá
SDáDFRZR IDEU\F]Q\ . 6FKHLEOHUD ± REHFQLH 0X]HXP .LQHPDWRJUDILL V]SLWDO G]LHFLF\ LP -
.RUF]DND XIXQGRZDQ\ SU]H] URG]LQ +HUEVWyZ L SRF]WNRZR QRV]F\ LPL $QQ\ 0DULL SDáDF 2VNDUD
.RKQD REHFQLH 3:6)7YL7 7DUJRZD RUD] GDZQD IDEU\ND / *URKPDQD ] EDUG]R
FKDUDNWHU\VW\F]Q L RND]Dá EUDP ]Z EHF]NDPL *URKPDQD 7DUJRZD
3URVLP\ E\ XF]QLRZLH Z\REUD]LOL VRELH MDN Z\JOGDáR *\FLH OXG]L SU]HG VWX ODW\ JG]LH SUDFRZDOL
PLHV]NDF\ RNROLF]Q\FK GRPyZ JG]LH VL OHF]\OL XF]\OL NXSRZDOL L RGSRF]\ZDOL"
1DVWSQLH JUXS\ RWU]\PXM SODQ VDPHJR SDUNX RUD] ORVXM RSLV ]DGDQLD =DGDQLHP JUXS SRGF]DV
VSDFHUX SR SDUNX EG]LH GRNáDGQD REVHUZDFMD RUD] VSRU]G]HQLH IDFKRZ\FK QRWDWHN Z VNáDG NWyU\FK
RSUyF] VDPHJR RSLVX ZFKRG]Lü SRZLQQ\ WDN*H GDQH OLF]ERZH VFKHPDW\F]QH U\VXQNL RUD] SODQ ]
QDQLHVLRQ\PL SU]H] XF]QLyZ ÄFLHNDZ\PL PLHMVFDPL L U]HF]DPL´ ZDUW\PL ]REDF]HQLD VSHFMDOLVWyZ Z
GDQHM G]LHG]LQLH OHNDU]\ DUFKLWHNWyZ SU]\URGQLNyZ KLVWRU\NyZ G]LHFL LWG 3R SU]HMFLX FDáHM WUDV\
EDUG]R SRZROQ\P *HE\ XF]QLRZLH PLHOL F]DV QD QDV]NLFRZDQLH L ]DQRWRZDQLH ]PLHU]HQLH L
REOLF]HQLH ]DWU]\PXMHP\ VL Z PLHMVFX JG]LH V áDZNL OXE QS VWROLNL V]DFKRZH *UXS\ PDM F]DV QD
SU]\JRWRZDQLH VZRLFK SUH]HQWDFML SDUNX ZLG]LDQHJR RNLHP OHNDU]\ DUFKLWHNWyZ LWG 3R SUH]HQWDFMDFK
ZV]\VF\ UD]HP SU]\JRWRZXM UDQNLQJ QDMFLHNDZV]\FK RELHNWyZ Z SDUNX Z\áDQLDP\ PLHMVFH
ZL]\WyZN SDUNX PR*H E\ü LFK NLOND
3RGVXPRZDQLHP ]DMü PR*H E\ü SU]\JRWRZDQLH SODQV]\ ] RSLVHP IXQNFML WHUHQyZ ]LHORQ\FK Z
PLHFLH 1DMSLHUZ SURVLP\ XF]QLyZ E\ Z\PLHQLOL ]QDQH LP IRUP\ ]LHOHQL PLHMVNLHM SDUNL VNZHU\
WUDZQLNL áNL ODVNL NORPE\ SQF]D DOHMH GU]HZ 1DVWSQLH Z JUXSDFK XF]QLRZLH SU]\JRWRZXM PDS
PHQWDOQ QW IXQNFML ]LHOHQL PLHMVNLHM XSLNV]D PLDVWR ZLRVQ NZLWQ NZLDW\ MHVLHQL V SLNQH
NRORURZH OLFLH SQF]D ]DVáDQLDM EU]\GNLH EXG\QNL LWG RFLHQLD MHVW ZLNV]D ZLOJRWQRü SRZLHWU]D
UR]áDGRZXMH QDSLFLH SV\FKLF]QH ± PR*HP\ RGSRF]ü OH*F QD WUDZLH DOER Z\áDGRZDü VL SRGF]DV
ELHJDQLD GDMH GRP ]ZLHU]WRP WáXPL KDáDV RF]\V]F]D SRZLHWU]H MHVW WR PLHMVFH VSDFHUyZ L
XSUDZLDQLD VSRUWyZ LWG
* '
'
!"#$ ( %& $$ ' ( ) *$ $ ++ *$ ,# ,+
- &
*
*
*
! "
#
*
$
% * *
* ! "
#
*
$ &
* $
$
%
#
'
( "
*
*
( " *
* ) * #
% *
( *
* ( "
#
* *
*
)
*
) * &
* $
*
*
#