
&YUSBDDJØO
"%7&35&/$*"
1FMJHSPEF*ODFOEJP
-BTFDBEPSBEFCFDPOUBSDPOFYUSBDDJØOIBDJBFMFYUFSJPS
6UJMJDFEVDUPTEFFYUSBDDJØOSÓHJEPTPEFNFUBMEFQBSFE
BODIBGMFYJCMFT
/PVUJMJDFVOEVDUPEFFYUSBDDJØOEFQMÈTUJDP
/PVUJMJDFVOEVDUPEFFYUSBDDJØOSFWFTUJEPEFBMVNJOJP
&MOPTFHVJSFTUBTJOEJDBDJPOFTQVFEFDBVTBSMBNVFSUFP
QSPWPDBSVOJODFOEJP
-BTFDBEPSBEFCFDPOUBSDPOFYUSBDDJØOIBDJBFMFYUFSJPS&TUPFWJUBSÈMB BDVNVMBDJØOEFQFMVTBZ
IVNFEBEEFOUSPEFMBIBCJUBDJØOFOEPOEFFTUÏVCJDBEBZSFEVDJSÈFM SJFTHPEFJODFOEJP
&TUFFMFDUSPEPNÏTUJDPEFCFSÈDPOUBSDPOFYUSBDDJØOBMFYUFSJPS
-PTDPOEVDUPTEFFYUSBDDJØOMPTQVFEFBERVJSJSFOTVUJFOEBEFFMFDUSPEPNÏTUJDPT PFOVOB
GFSSFUFSÓBMPDBM
-PTDPOEVDUPTGMFYJCMFTEFQMÈTUJDPPSFWFTUJEPTEFBMVNJOJPQVFEFOQMFHBSTFDPNCBSTF
QFSGPSBSTFSFEVDJSMBDJSDVMBDJØOEFBJSFBMBSHBSFMUJFNQPEFTFDBEPZ QPSDPOTJHVJFOUFBGFDUBSMB
PQFSBDJØOEFMBTFDBEPSB
%FCFSÈVUJMJ[BSTFVODPOEVDUPEFNFUBMGMFYJCMFPHBMWBOJ[BEPSÓHJEPEFVO NÓOJNPEFQVMHBEBT
NNEFFTQFTPS6UJMJ[BSDPOEVDUPTEFNÈTEFQVMHBEBT NNEFEJÈNFUSPQVFEF
PDBTJPOBSVOBNBZPSBDVNVMBDJØOEFQFMVTB
6UJMJ[BSDPOEVDUPTEFNFUBMSÓHJEPTTJODPEPTNJOJNJ[BSÈMBBDVNVMBDJØOEFQFMVTB 1VFEFO
VUJMJ[BSTFDPOEVDUPTEFNFUBMGMFYJCMFBODIPQFSPIBZRVFUFOFSDVJEBEPEF FWJUBSDVSWBT
QSPOVODJBEBTRVFQVFEBOEPCMBSFMDPOEVDUPZPDBTJPOBSUBQPOBEVSBT/PVUJMJDFDPOEVDUPT EF
QMÈTUJDPPNFUBMGMFYJCMFEFMHBEP
6TFDJOUBBEIFTJWBJOEVTUSJBMQBSBVOJSMBTKVOUBT/PVTFUPSOJMMPTQPSRVF BDVNVMBOQFMVTB
.BOUFOHBMPTDPOEVDUPTMPNÈTDPSUPZEFSFDIPQPTJCMF/PFYDFEBMBT MPOHJUVEFTNÈYJNBTEFMPT
DPOEVDUPTEFFYUSBDDJØORVFTFTF×BMBONÈTBEFMBOUFFOFTUBTJOTUSVDDJPOFTEF JOTUBMBDJØO
/PEFTDBSHVFMBTFDBEPSBEFOUSPEFVOBDIJNFOFBPSFTQJSBEFSPEFHBT VOBQBSFEFMUFDIPP
DVBMRVJFSFTQBDJPPDVMUPFOVOFEJGJDJP/PEFTDBSHVFMBTFDBEPSBEFCBKPEF MBDBTBPDPDIFDBTBVO
QPSDIFEFOUSPEFVORVJDJPEFWFOUBOBPFOBMHVOBPUSBÈSFB FOEPOEFQVFEBBDVNVMBSTFMBQFMVTB
&MDPOEVDUPEFFYUSBDDJØOEFCFUFSNJOBSFOVOBDBNQBOBEF
FYUSBDDJØODPOVOBNPSUJHVBEPSEFDPSSJFOUFJOWFSUJEBEFBJSFIBDJB
GVFSBQBSBFWJUBSDPOUSBDPSSJFOUFTEFBJSFZFMJOHSFTPEFDVBMRVJFS
UJQPEFGBVOBOPDJWB/VODBVUJMJDFDBNQBOBTEFFYUSBDDJØODPOVO
BNPSUJHVBEPSEFDPSSJFOUFNBHOÏUJDP-BDBNQBOBEFCFUFOFSQPS
MPNFOPTQVMHBEBTNNEFTFQBSBDJØOFOUSFMBQBSUFJOGFSJPS
EFMBDBNQBOBZFMQJTPPDVBMRVJFSPUSBPCTUSVDDJØO-BBQFSUVSB EF
MBDBNQBOBEFCFBQVOUBSIBDJBBCBKP/VODBJOTUBMFVOBQBOUBMMB
QPSEFMBOUFEFMPSJGJDJPEFFYUSBDDJØO
QVMHBEBT
NN