/PSTLtɩɭ
4QFTJFMUWFEHBNMFCBUUFSJFSLBOCBUUFSJTZSFSFOOFVU5BEFS
GPSVUBMMFCBUUFSJFSOÇSEVJLLFCSVLFSNJOJ)J'JBOMFHHFU
PHѨFSOLPOUSPMMFOJFOMFOHSFQFSJPEF4MJLCFTLZUUFSEVNJOJ
)J'JBOMFHHFUPHѨFSOLPOUSPMMFONPUTLBEFSQHBCBUUFSJTZSF
TPNLBOMFLLFVU
.JOJ)J'JBOMFHHFUPHLPNQPOFOUFOFJOOFIPMEFSJOHFOEFMFS
TPNLBOWFEMJLFIPMEFTBWCSVLFSFO)WJTLBQTFMFOUJMNJOJ
)J'JBOMFHHFUѨFSOLPOUSPMMFOPHFMMFSIZUBMFSOFÇQOFTGPS
GBMMFSHBSBOUJFO
)FOWFOEEFHUJMFOTFSWJDFQBSUOFSJOSIFUFOBWEFHJSFQB
SBTKPOTUJMGFMMFS"ESFTTFOFUJMWÇSFTFSWJDFQBSUOFSFTUÇSJHB
SBOUJIFѫFU%FUUFFSWFEMBHUNJOJ)J'JBOMFHHFU
U'PSTJLUJH
.JOJ)J'JBOMFHHFUNÇTUJMMFTPQQTMJLBU$%SPNTLVĒFOQÇ
TJEFOLBOÇQOFTVUFOIJOESJOHFS0WFOGPSNJOJ)J'JBOMFHHFU
NÇEFUEFSGPSWSFNJOTUώύDNQMBTTGPSÇÇQOF$%SPNTLVG
GFO1BTTEFSGPSQÇIWJTEVTUJMMFSPQQNJOJ)J'JBOMFHHFUJFU
TLBQFMMFSJFOIZMMF
E)FOWJTOJOH
'PSTLBEFSQHB
 ÇQOJOHBWLBQTFMFOUJMNJOJ)J'JBOMFHHFUѨFSOLPOUSPM
MFOPHFMMFSIZUBMFSOF
SFQBSBTKPOTGPSTLHKFOOPNGSUBWJLLFLWBMJêTFSUFGBHGPML
 CSVLBWNJOJ)J'JBOMFHHFUFMMFSLPNQPOFOUFOFTPNJLLF
GMHFSCFTUFNNFMTFOF
PWFSUBTJLLFBOTWBSHBSBOUJ
.JOJ)J'JBOMFHHFUCMJSWBSNUOÇSEFUFSTMÇUUQÇ%FUUFFSJO
HFOHSVOOUJMCFLZNSJOHPHCFUZSJLLFBUEFUIBSPQQTUÇUUFU
UFLOJTLQSPCMFN

ɨ4JLLFSIFUTIFOWJTOJOHFS

L'BSF
4FUUJLLFNJOJ)J'JBOMFHHFU
 PQQQÇTUFEFSTPNVUTFUUFTGPSEJSFLUFTPM&MMFSTLBONJOJ
)J'JBOMFHHFUPWFSPQQIFUFTPHTLBEFTJSSFQBSBCFM%FU
CFTUÇSGBSFGPSCSBOO
 JVNJEEFMCBSOSIFUBWWBSNFLJMEFS5JMEFUUFUJMISFS
GFLTPWOFSWBSNFWFOUJMBUPSFSPHMJHOFOEFBQQBSBUFS
TPNMVѫFÇQOJOHFSUJMBOESFFMFLUSJTLFBQQBSBUFS&MMFST
LBONJOJ)J'JBOMFHHFUTLBEFTJSSFQBSBCFM%FUCFTUÇS
GBSFGPSCSBOO
 JTUWFUFPNHJWFMTFS&MMFSTLBOTUWUSFOHFJOOJNJOJ
)J'JBOMFHHFU)WJTEFUUSFOHFSTUSSFNFOHEFSTUWJOOJ
NJOJ)J'JBOMFHHFULBOEFUPWFSPQQIFUFTPHTLBEFTJSSF
QBSBCFM%FUCFTUÇSGBSFGPSCSBOO
 PQQJGVLUJHFPNHJWFMTFS&MMFSTLBOGVLUJHIFUUSFOHFJOO
JNJOJ)J'JBOMFHHFU%BCFTUÇSEFUGBSFGPSFMFLUSJTLTUU
PHCSBOO
 PQQJVNJEEFMCBSOSIFUBWWBOOGFLTWFECBEFLBSFM
MFSTWNNFCBTTFOH)WJTEFULPNNFSWBOOJOOJNJOJ
)J'JBOMFHHFUFMMFSEFUGBMMFSOFEJWBOOCFTUÇSEFUGBSF
GPSFMFLUSJTLTUU
%VNÇJLLFUJMEFLLFWFOUJMBTKPOTÇQOJOHFOFUJMNJOJ)J'JBO
MFHHFU4FUUEFSGPSJLLFNJOJ)J'JBOMFHHFUPQQJTFOHFSUBLFUD
ɧɦDN ɧɦDN
ɧɦDN
ɧɦDN
1BTTQÇBUBMMFWFOUJMBTKPOTÇQOJOHFSIBSNJOTUώύDNBWTUBOE
UJMWFHHFSFMMFSTUSSFHKFOTUBOEFS&MMFSTLBONJOJ)J'JBOMFHHFU
PWFSPQQIFUFTPHTLBEFTJSSFQBSBCFM%FUCFTUÇSGBSFGPSCSBOO
%VNÇBMESJGPSTLFÇSFQBSFSFOFUULBCFMFOTFMWIWJTEFOFS
EFGFLU%BCFTUÇSEFUGBSFGPSFMFLUSJTLTUU
6"EWBSTFM
4FUUJLLFNJOJ)J'JBOMFHHFUPQQQÇTUFEFSTPNVUTFUUFTGPS
TUFSLSJTUJOHFMMFSLPOTUBOUFWJCSBTKPOFS4UFSLSJTUJOHPHLPO
TUBOUFWJCSBTKPOFSLBOGSFUJMEFMWJTFGVOLTKPOTGFJMFMMFSPHTÇ
UJMWBSJHFTLBEFS