
-JE-PDL
:PVS4NBSU-PBEESZFSMPDLTJUTMJEBUUIFTUBSUPGUIFESZJOH DZDMF
QSPWJEJOHBEEFETBGFUZGPSZPVBOEZPVSGBNJMZXIJMFJUJTPQFSBUJOH
5IJTMPDLFOTVSFTUIFMJEDBOOPUCFPQFOFEXIJMFUIFESVNJT
SPUBUJOH
5IF-*%-0$,&%MJHIUBCPWFUIF45"351"64&CVUUPODPNFTPO
XIFOUIFMJEJTMPDLFE
*GUIF-*%-0$,&%MJHIUJTGMBTIJOHUIF-*%-0$,JTJOUIFQSPDFTTPG
MPDLJOHPSVOMPDLJOH%VSJOHUIJTTUBHFUIFMJETUJMMDBOOPUCF MJGUFE
5IFMJENVTUCFDMPTFECFGPSFUIFESZJOHDZDMFDBOTUBS U*G45"35
1"64&JTQSFTTFEXJUIUIFMJEPQFOUIFNBDIJOFXJMMCFFQUPTJHOBM
UIBUUIFMJEOFFETUPCFDMPTFE0ODFUIFMJEIBTCFFODMPTFE BOE
45"351"64&JTQSFTTFEUIF-*%-0$,XJMMCFBDUJWBUFEBOEUIF
ESZJOHDZDMFXJMMCFHJO

1PXFS'BJMVSF

*GUIFQPXFSJTDVUXIJMFZPVS4NBSU-PBEESZFSJTPQFSBUJOHUIF
MJEXJMMCFVOMPDLFE*OTPNFDJSDVNTUBODFTUIFESVNEPPSNBZ
OPUCFBVUPNBUJDBMMZPQFOFE*GUIJTPDDVSTJUJTCFTUJGUIFES ZFS
JTOPUJOUFSGFSFEXJUI8IFOUIFQPXFSJTSFTUPSFEUIFESZFSXJMM
BVUPNBUJDBMMZSFTVNFPQFSBUJOH)PXFWFSJGJUEPFTOPUBVUPNBUJDBMMZ
PQFOGJSTUDMPTFUIFMJEBOETUBSUUIFESZFSJO UIFVTVBMNBOOFSBGUFS
TFDPOETQSFTT45"351"64&5IJTXJMMDBVTF4NBSU-PBEUPPQFO
DPSSFDUMZXJUIUIFMJEVOMPDLFE
*GJUJTBCTPMVUFMZOFDFTTBSZUPSFNPWFTPNFJUFNTCFGPSFQPXFSJT
SFTUPSFEGPMMPXUIFTUFQTCFMPX
&OTVSFUIFES ZFSJTEJTDPOOFDUFEGSPNUIFQPXFSTVQQMZ
0QFOUIF MJEUIJTXJMMBMSFBEZCFVOMPDLFE
0OUIF MFGUIBOETJEFPGUIFESZFSUIFSFJTBUIVNC UBCUIBU
BQQFBSTXIFOUIFESVNJTDMPTFE1SFTTUIFUIVNCUBCXIJMF
SPUBUJOHUIFESVNCZIBOEBXBZGSPNZPVQVTIUIFESVNUPXBSET
UIFCBDLPGUIFESZFS
)PMEUIF UIVNCUBCEPXOVOUJMUIFESVNTUBSUTPQFOJOH
,FFQSPUBUJOH UIFESVNVOUJMJUJTGVMMZPQFOBOEJUDPNFT UPBTUPQ
/PXZPVDBO SFNPWFJUFNTGSPNUIFESZFSESVN
$MPTFUIF MJEPODFZPVIBWFSFNPWFEEFTJSFEJUFNT
3F DPOOFDUUIFQPXFSTVQQMZUPZPVSESZFS
5IFESVNEPPSXJMMBVUPNBUJDBMMZDMPTFBOEUIFESZFSXJMMSFTVNF
OPSNBMPQFSBUJPOXIFOQPXFSJTSFTUPSFE
)PMEUIVNC
UBCEPXO
1VTI