5CHGV[

2QUVGF(CEKNKVKGU
6WTP[QWTRJQPG1((KPCP[HCEKNKV[YJGTGRQUVGFPQVKEGUUQTGSWKTG
#KTETCHV
(%%TGIWNCVKQPURTQJKDKVWUKPI[QWTRJQPGYJKNGKPVJGCKT5YKVEJ1(([QWTRJQPGDGHQTGDQCTFKPI
CPCKTETCHV
$NCUVKPI#TGCU
6QCXQKFKPVGTHGTKPIYKVJDNCUVKPIQRGTCVKQPUVWTP[QWTRJQPG1((YJGPKPC³DNCUVKPICTGC´QTKP
CTGCURQUVGF³6WTPQHHVYQYC[TCFKQ´1DG[CNNUKIPUCPFKPUVTWEVKQPU
2QVGPVKCNN['ZRNQUKXG#VOQURJGTG
6WTP[QWTRJQPG1((YJGPKPCP[CTGCYKVJCRQVGPVKCNN[GZRNQUKXGCVOQURJGTGCPFQDG[CNNUKIPUCPF
KPUVTWEVKQPU5RCTMUKPUWEJCTGCUEQWNFECWUGCPGZRNQUKQPQT¿TGTGUWNVKPIKPDQFKN[KPLWT[QTGXGP
FGCVJ
#TGCUYKVJCRQVGPVKCNN[GZRNQUKXGCVOQURJGTGCTGQHVGPDWVPQVCNYC[UOCTMGFENGCTN[2QVGPVKCN
CTGCUOC[KPENWFGHWGNKPICTGCUUWEJCUICUQNKPGUVCVKQPUDGNQYFGEMQPDQCVUHWGNQTEJGOKECN
VTCPUHGTQTUVQTCIGHCEKNKVKGUXGJKENGUWUKPINKSWG¿GFRGVTQNGWOICUUWEJCURTQRCPGQTDWVCPGCTGCU
YJGTGVJGCKTEQPVCKPUEJGOKECNUQTRCTVKENGUUWEJCUITCKPFWUVQTOGVCNRQYFGTUCPFCP[QVJGT
CTGCYJGTG[QWYQWNFPQTOCNN[DGCFXKUGFVQVWTPQHH[QWTXGJKENGGPIKPG
(QT8GJKENGU'SWKRRGFYKVJCP#KT$CI
#PCKTDCIKPÀCVGUYKVJITGCVHQTEG&1016RNCEGQDLGEVUKPENWFKPIGKVJGTKPUVCNNGFQTRQTVCDNG
YKTGNGUUGSWKROGPVKPVJGCTGCQXGTVJGCKTDCIQTKPVJGCKTDCIFGRNQ[OGPVCTGC+HKPXGJKENG
YKTGNGUUGSWKROGPVKUKORTQRGTN[KPUVCNNGFCPFVJGCKTDCIKPÀCVGUUGTKQWUKPLWT[EQWNFTGUWNV