
964<=:DE 7@C
?DE2==2E:@?
'-+
)5362+:+2? 8+35<+  :8'49658: (52:
'99+3(2/+9 '4* 35<+ :.+ ='9.+8
/4:5 62')+

5A@@75F F:7 I3F7D EGBB>K >;@7E 3@6
6D3;@ B;B7 
5A@@75F F:7 7>75FD;53> BAI7D 
E>;67 F:7 I3E:7D ;@FA ;FE 8;@3> >A53F;A@ 
>7H7> F:7 I3E:7D 3E >AI 3E BAEE;4>7 
478AD7 8;DEF GE7 DG@ 3 5>73@;@9 5K5>7 
)6>@G:?8 E96 EC2?DA@CE
3@=E 2DD6>3=:6D
d,+ &%
.F 8MF@; GFJJ@9C< @EALIP 8E; ;8D8><
KF K?< 8GGC@8E:< 8E; 8;A8:<EK
JLI=8:<J 8CC =FLI KI8EJGFIK 9FCK
8JJ<D9C@<J DLJK 9< I<DFM<; 9<=FI<
LJ@E> K?< 8GGC@8E:< ,<K8@E K?< 9FCK
8JJ<D9C@<J =FI LJ< @E 8EP =LKLI<
KI8EJGFIK <> N?<E DFM@E> #= PFL
?8M< GLI:?8J<; 8 G<;<JK8C
DFLEK@E> B@K =FCCFN K?< @EJK8CC8K@FE
@EJKIL:K@FEJ GIFM@;<; N@K? @K 9<=FI<
I<DFM@E> K?< KI8EJGFIK 9FCK
8JJ<D9C@<J
i
#= DFLEK@E> K?< N8J?<I FE 8
G<;<JK8C @EJK8CC N8J?<I FE K?<
G<;<JK8C GI@FI KF I<DFM@E> K?<
KI8EJGFIK 9FCK 8JJ<D9C@<J
 &FFJ<E 8CC =FLI 9FCK 8JJ<D9C@<J
9<=FI< I<DFM@E> 8EP F= K?< 9FCKJ 8CC
K?< N8P =IFD K?< LE@K
 ,<DFM< K?< 9FKKFD KNF 9FCK
8JJ<D9C@<J GI@FI KF I<DFM@E> K?<
KFG KNF 9FCK 8JJ<D9C@<J ,<DFM<
8CC =FLI 9FCK 8JJ<D9C@<J @E K?< FI;<I
J?FNE @E K?< ;@8>I8D 9<CFN
 &FFJ<E K?< 9FCK 8JJ<D9C@<J LJ@E>
K?< :CFJ<; <E; F= K?< DD
NI<E:? GIFM@;<; FI 8 DD
JF:B<K NI<E:? &FFJ<E K?<D LEK@C
K?<P :8E 9< DFM<; =I<<CP
 .?< 9FCK 8JJ<D9C@<J D8P 9< <8J@<I
KF I<DFM< LJ@E>  DD JF:B<K
NI<E:?
 *LCC K?< N8J?<I ;ILD JC@>?KCP
=FIN8I; KFN8I;J K?< FG<E N8J?<I
;FFI KF I<;L:< GI<JJLI< FE K?<
KI8EJGFIK 9FCK 8JJ<D9C@<J
-C@;< <8:? CFFJ<E<; KI8EJGFIK 9FCK
8JJ<D9CP FLK F= @KJ I<K8@E@E> JCFK
K?<E GLCC @K FLK K?IFL>? K?< IFLE;
?FC< @E K?< ?FLJ@E>FDGC<K<CP
I<DFM< 8CC  KI8EJGFIK 9FCK
8JJ<D9C@<J <8:? 8JJ<D9CP
:FEJ@JKJ F= 8 9FCK 8 D<K8C =C8K
N8J?<I 8E; 8 N?@K< GC8JK@:
9LJ?@E>
 #= K?< 9LJ?@E>J ;F EFK :FD< FLK
N?<E I<DFM@E> K?< 9FCK
8JJ<D9C@<J GC8:< K?< 9FCKJ 98:B
@EKF K?< 9LJ?@E>J 8E; :8I<=LCCP KIP
8>8@E #K @J @DGFIK8EK KF ;F K?@J
N@K? K?< 9FCKJ FK?<IN@J< K?<
9LJ?@E>J N@CC EFK :FD< FLK
GIFG<ICP
 .F JKFI< K?< 9FCK 8JJ<D9C@<J =FI
=LKLI< LJ< ;F EFK I<DFM< K?< 9FCKJ
=IFD K?< GC8JK@: 9LJ?@E>J
 *FJ@K@FE K?< GC8JK@: :FM<I FM<I K?<
?FC< K?< KI8EJGFIK8K@FE 9FCK
8JJ<D9C@<J F::LG@<; *LJ? K?<
K89 @E  8E; JC@;< K?< :FM<I
KFN8I;J K?< JD8CC JCFK 
*E@C:?8 E96 EC2?DA@CE 3@=E
2DD6>3=:6D
CN8PJ B<<G K?< KI8EJGFIK 9FCK
8JJ<D9C@<J =FI =LKLI< KI8EJGFIK8K@FE F=
K?< 8GGC@8E:< JL:? 8J N?<E DFM@E> 
q-KFI< K?< KI8EJGFIK 9FCK 8JJ<D9C@<J
N@K? K?< N8J?<I 8E; 9LJ?@E>
8KK8:?<;
qF EFK I<DFM< K?< 9FCK 8E;
N8J?<I =IFD K?< 9LJ?@E>