.-60$-$'2+(4$!9+0:2+!('!P.,,+(3.G!n+6+'TG! ,.0$'! ('! 5$2! /$9+0! 9+'! 3$! Uv4+! $'! /$<+))$'! ('! 5$2! /$9+0! 9+'! 3$! 8I=wB! S8($2+$4! k! P+00)-(25! "YYcd! ZbTB! I0,$! 4$,$'$$'5$(3! 5$$E2! %(1'! $(/$'! 9..43$0$'! $'! '+3$0$'B! M.-60$-$'2+(4!/$03!3+2!9$4<(1)2!'++4!>.'9$'2(.'$$0!/$03!5$$E2!2.2!9..43$$0!3+2!*:4/$4)! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! _!=E5+',$0(1,!9+'!/$*4:(,2$!2$>5'($,$'!$'!9$(0(/5$(3),$'-$4,$'B! b!=E5+',$0(1,!9+'!/$*4:(,2$!2$>5'($,$'!$'!9$(0(/5$(3),$'-$4,$'B! `!?$$-2!+E!-$2!$$'!/4.$($'3$!.-%$2! c!L$4,!.6!3+2!*(01$22$'!k!-:'2$'!('!).--(/$!/$9+00$'!4$64$)$'2+2($E!/$03!%(1'!S$$'!%$,$4!/.$3!
9$42$/$'<..43(/$'TB!F'!+'3$4$!/$9+00$'!()!5$2!E(+2!/$03G!<++4*(1!3$!'.-('+0$!<++43$!9$$0!5./$4!()!3+'!3$! ('24(')($,$!<++43$B!! ZY!F'!5$2!/$9+0!3+2!*(01$22$'!k!-:'2$'!.E!$0$,24.'()>5$!/$03!$>52$!<++43$!9$42$/$'<..43(/$'G!()!3$!>4$+2($! '($2!.'*$6$4,2B!F'!5$2!/$9+0!3$!34+/$4!E(+2!/$03!()G!5$$E2!5$2!9$4/4.2$'!9+'!3$!/$035.$9$$05$(3!('E0+2($!2.2! /$9.0/B!! ZZ!L$4,!.6!3+2!5$2!)2(-:0$4$'!9+'!/$03!:(2/$9$'!$'!5$2!.'2-.$3(/$'!9+'!)6+4$'!$(/$'0(1,!5$2%$0E3$!%(1'!!".-60$-$'2+(4!/$03!'($2!,+'!<.43$'!('/$<())$03!9..4!/$03!.E!3$!3$,,('/B!F'<())$0,.)2$'!$'!$$'!-+0:)! ,:''$'!.-<())$0$'!.'2-.$3(/$'G!2$4<(10!$$'!*.':)!)24:>2::4!('<())$0$'!,+'!++'-.$3(/$'B!!
!
c!
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e$43! $'! 9$42$/$'<..43(/2! 3+'! ..,! '($2)! 9+'! <++43$B! n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k! P+00)-(25! S"YYcd"ZT! 5$**$'! 5$2! ('! 3(2! 9$4*+'3! .9$4! /$,.>52$! $'! +E,..6*+4$! <++43$*.''$'B! M5($-/+:$4! ()! $$'! *$,$'3! 9..4*$$03B! M.--$4>(e0$! 9.:>5$4)Z"!9$4)>5(00$'!('!)0$>52)!VV'!.6%(>52!5($49+'D!%$!%(1'!/$,.>52!-$2!>.'9$'2(.'$$0! /$03G! -++4! %(1'! '($2! ('<())$0*++4! 9..4! >.'9$'2(.'$$0! /$03B! F'! 60++2)! 3++49+'! ,+'! -$'! 3$%$! ('<())$0$'! 9..4! $$'! *$6$4,2! )>+0+! 9+'! 64.3:>2$'! S%.+0)! >37)! .E! *.$,$'T! ('! 3$! <(',$0)!3($!3$!9.:>5$4)!:(2/$9$'B!@6++46:'2$'!,:''$'!..,!+00$$'!<.43$'!('/$<())$03! 9..4! $$'! *$6$4,2! +)).42(-$'2! 9+'! 64.3:>2$'! $'! 3($')2$'B! L++4! ('! 2$/$')2$00('/! 2.2! >.--$4>(e0$!9.:>5$4)!%(1'!3($!/4+2()!.'29+'/$'!*(1!++',..6!9+'!64.3:>2$'!$'!3($')2$'D! >0(e'2$'!*$2+0$'!9++,!S.'*$<:)2T!9..4!3$%$!-+4,$2('/!,.)2$'B!K$'!)0.22$!,+'!<$3$4%(13)! ,4$3($2! S-:2:+0! >4$3(2T! <.43$'! *$)>5.:<3! +0)! +E%.'3$40(1,$! :(2/(E2$64.>$3:4$D! /$03! .'2)2++2! 3..4! 5$2! /$0(1,2(13(/! >4$e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
#..4!$$'!/.$3!!
#..4! #..4!$$'! #..4!$$'! N$$'!3$,,('/! >.'9$'2(.'$$0! .'3$46+'3! S>.'24+>2:$0$T! Sw(+2!/$03!X! /$03Z\! *$0.E2$! E(3:>(+(4!/$03T!
V44>'##-.#$!
N$03!2$'!2(13$!9+'! [$/(./$03D!M\! 3$!/.:3)2+'3++43D! Uv4+D! M.--$4>(e0$! 9.:>5$4)!SM#W*.'T!
R+42$4!
8IK@D!K(-$W #.00+4)!
#$!I:4.ZaD!F25+>+! P.:4)!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Z"!H.+0)!$$43$4!*$)64.,$'!()!5$2!3$!94++/!.E!<$!>.--$4>(e0$!9.:>5$4)!$'!0.J+02J!6:'2$'!t*$45+:62!+0)!
>.-60$-$'2+(4!/$03!-.$2$'!++'-$4,$'G!++'/$%($'!%(1!'($2!$$'!+0/$-$$'!/$+>>$62$$43!*$2++0-(33$0!%(1'B! Z\!8$2!.6!3+2!5$2!>.'9$'2(.'$0$!/$03!%$0E!E(+2!/$03!()B!!
!
ZY!
P$2!()!*$0+'/4(1,!.-!2$!*$/4(16$'!3+2!3$!3$,,('/!9+'!/$03!'($2!+02(13!ZYYx!()B!L$2!+'3$4$! <..43$'G! 3$! /.$3$4$'G! 9+0:2+! .E! 5$2! .'3$46+'3! ()! '($2! 2.$4$(,$'3! .-! +0! 5$2! /$03! ('! .-0..6! ('! VV'! ,$$4! ('! 2$! <())$0$'B! F'! E$(2$! <+4$'! 3$! -$$)2$! /$03$$'5$3$'! )0$>52)! /$3$$02$0(1,!/$3$,2G!$$'!64+,2(1,!3($!*$,$'3!)2++2!+0)!E4+>2(.'$$0!4$)$49$!*+',($4$'B!w(+2! /$03!5$$E2!9+'%$0E)64$,$'3!$$'!3$,,('/!9+'!Yx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e4$'! $'! -+'+/$'! 9+'! $$'! >.-60$-$'2+(4$! -:'2! *4$'/2! ,.)2$'! -$2! %(>5! -$$B! ?+2::40(1,!()!3$!:(23+/('/!.-!3$%$!,.)2$'!%.!0++/!-./$0(1,!2$!5.:3$'G!-++4!$$'!++'2+0! ,.)2$'3$,,('/)-$>5+'()-$'! ()! +02(13! 9$4$()2B! &.)2$'! ,:''$'! %.<$0! ('2$4'! +0)! $g2$4'! 2$4:/9$43($'3!<.43$'B!#$!$$4)2$!.62($!()!.-!!,.)2$'!2$!3$,,$'!3..4!-(33$0!9+'!):*)(3($! .E! )6.').4('/B! #$! 2<$$3$! .62($! ()! .-! 3$! /$*4:(,$4)! 2$! 0+2$'! *$2+0$'! 9..4! 5$2! /$03B! L./$0(1,$! -$>5+'()-$'! %(1'! (')>54(1E/$03G! $$'! 6$4(.3($,$! >.'24(*:2($G! 24+')+>2($,.)2$'! SRKU! .E! (',.-)2$'*$0+)2('/T! ('<())$0,.)2$'G! 4$'2$! S.6! )>5:03$'TG! 9$49+03+2+! $'! )2++'/$03! S)6++4*$0+)2('/$'T! S8($2+$4! k! P+00)-(25! "YYcd! "aTB! F'2$4'! 3$! ,.)2$'! 2$4:/<(''$'! %.:! 9..4! *:4/$4)! $$'! 34$-6$0! ,:''$'! %(1'! .-! /$*4:(,! 2$! -+,$'! 9+'!! >.-60$-$'2+(4! /$03B! #++4! )2++2! 2$/$'.9$4! 3+2! 5$2! >.-60$-$'2+(4! /$03)J)2$$-! %(>5%$0E! ('! )2+'3! ,+'! 5.:3$'! $'! '($2! +E5+',$0(1,! ()! 9+'! $g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e4$'!>.-60$-$'2+(4$!-:'2$'! ('! 5:'! 60++2)! 9+'! ..4)64.'/! $'! /$./4+E()>5$! E.>:)! S60++2)$0(1,G! 4$/(.'++0G! '+2(.'++0! .E! 24+')'+2(.'++0TB! QP.$C! 9$4<(1)2! '++4! h-$2! <($]m! $'! l-$2! <$0,$! -(33$0$']mB! @.--(/$! >.-60$-$'2+(4$!-:'2$'!%(1'!64.E$))(.'$0$4!/$.4/+'()$$43!3+'!+'3$4$'G!3$!+>2.4$'!3($! *$24.,,$'! %(1'! *(1! 3$! 2.2)2+'3,.-('/! 9$4)>5(00$'G! SE('+'>(e0$! (')2$00('/$'G! *$34(19$'G! /$<.'$! *:4/$4)G! .9$45$(3)(')2$00('/$'TG! $'! <++4! ).--(/$! *$6$4,2$! E('+'>(e0$! $'! 2$>5'.0./()>5$!-(33$0$'!5$**$'G!5$**$'!+'3$4$'!5$**$'!-$$4!+3$y:+2$!-(33$0$'B!! ! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Za!#$!.9$45$(3!5$$E2!*$6++03!3+2!5$2!'+2(.'+0$!/$03!<$22(/!*$2++0-(33$0!()D!$$'!/+4+'2($!3+2!$4!:(2)2++'3$!
)>5:03$'!+02(13!-$$!+E!*$2++03!,:''$'!<.43$'B!!
!
ZZ!
:%)!(*'$&'3$*$9$&1<'' I4!*$)2++'!/4.2$!9$4)>5(00$'!('!3$!-+2$!<++4('!>.-60$-$'2+(4$!/$03$$'5$3$'!):>>$)9.0! %(1'B! U+''$$4! <$! 3$! /$9.0/$'! 9+'! $$'! >.-60$-$'2+(4$! -:'2! ('! ./$')>5.:5(00$'3$! +)6$>2$'! 3$! ++'3+>52G! <++4.'3$4! 3$! .-9+'/! S++'2+0! (-60$-$'2+2($)G! 5$2! ++'2+0! 3$$0'$-$4)G! 3$! 5.$9$$05$(3! /$03! ('! .-0..6G! 3$! 1++4.-%$2TG! 3$! /4.$(G! 6$4(.3$! 9+'! *$)2++'G! ).>(+0$G! $>.'.-()>5$! $'! >.--$4>(e0$! /$9.0/$'G! $'%.9..42)B! I4! *$)2++'! *.9$'+0! .6-$4,$0(1,$! 9$4)>5(00$'! ('! 3$! -+2$! <++4('! >.-60$-$'2+(4$!-:'2$'!5:'!/$)2$03$!3.$0$'!*$5+0$'B!! ! =4$5-,&%#!! ! M.-60$-$'2+(4$!-:'2$'!%(1'!+0!3($!9.4-$'!9+'!/$03!3($!6+4+00$0!++'!.'%$!>.'9$'2(.'$0$! '+2(.'+0$!-:'2$$'5$3$'!*$)2++'B!?$2!+0)!>.'9$'2(.'$0$!-:'2$$'5$3$'!9$49:00$'!%(1!++'! 3$! 34($! E:'>2($)! 9+'! /$03D! *$2+0$'G! )6+4$'! $'! 4$,$'$'! S<++43$! :(234:,,$'TB! =+'! >.-60$-$'2+(4$!-:'2$'!0(/2!3$!.69+22('/!2$'!/4.'3)0+/!3+2!/$03!'($2)!-$$4!()!3+'!$$'! +E/$)64.,$'!(')24:-$'2!9..4!*$2+0$'G!)6+4$'!$'!4$,$'$'B!N$03!()!'($2!$$'!/$/$9$'G!-++4! ,+'!3..4!.')!%$0E!9.4-/$/$9$'!<.43$'G!<+''$$4!*$6++03$!*$5.$E2$'!('!3$!)+-$'0$9('/! '($2! /$4$+0()$$43! <.43$'! -$2! >.'9$'2(.'$$0! /$03B! N$03! ,+'! <.43$'! .'2<.46$'! .6! $$'! -+'($4!3+2!5$2!*$6++03$!9..4+E!/$3$E('($$43$!3.$0$'!4$+0()$$42B!! ! M.-60$-$'2+(4!/$03!()!+0!3+2!/$03!3+2!'($2!<$22(/!*$2++0-(33$0!()!S-$2!:(2%.'3$4('/!9+'! 9.:>5$4)TB! K:))$'! >.-60$-$'2+(4$! /$03$$'5$3$'! *$)2++'! $>52$4! )(/'(E(>+'2$! 9$4)>5(00$'B! M.-60$-$'2+(4$! -:'2$'! %(1'! '($2! $$'! )+-$'5+'/$'3$! /4.$6! 3($! $g+>2! 3$%$0E3$!,$'-$4,$'!5$**$'G!%.+0)!5$2!/$9+0!()!*(1!5$2!>.'9$'2(.'$0$!/$03B!F'!E$(2$!%(1'!$4! 9$0$! >+2$/.4($e'! 9+'! >.-60$-$'2+(4$! -:'2$'d! @2+-6! @>4(6G! R+42$4)G! 8.>+0! Ig>5+'/$! K4+3('/!@J)2$-)!S8IK@TG!K(13*+',$'G![$/(./$03!$'!M.--$4>(+0!M4$3(2!M(4>:(2)G!.-!-++4! $$'! 6++4! 2$! '.$-$'B! R(''$'! $0,$! >+2$/.4($! 24$EE$'! <$! <$$4! -$$43$4$! >.-60$-$'2+(4$! /$03)J)2$-$'! ++'G! +00$-++0! -$2! 5:'! $(/$'! *(1%.'3$4$! ,$'-$4,$'B! I4! <+4$'! *(19..4*$$03! -$$43$4$! @2+-6! @>4(6! /$03$$'5$3$'G! %.+0)! Uv4+! ('! #:(2)0+'3G! Uz4/0$4! @>5(00('/)!('!;.)2$'4(1,!$'![$>.9$4J!M$42(E(>+2$)!.E!8+4,('!L$4>5+'3()$!R.'3)!('!3$!O@B! H$! 5$**$'! /$-$$')>5+66$0(1,! 3+2! %$! %(1'! :(2/$9.'3$'! .-! $$'! +02$4'+2($E! )2+*($0! *$2++0-(33$0! 2$! *($3$'! 2(13$')! 3$! E('+'>(e0$! >4()()! 9+'! 3$! 1+4$'! Q\YB! I>52$4G! $4! %(1'! ..,! E:'3+-$'2$0$! 9$4)>5(00$'! 2:))$'! 3$! 2<$$G! *(19..4*$$03! -$2! *$24$,,('/! 2.2! 3$! :(2/(E2$64.>$3:4$B!P$2!)>5$-+!5($4.'3$4!S2+*$0!aT!/$$E2!$$'!S*$)>5$(3$'!$'!.'9.00$3(/T! .9$4%(>52! 9+'! 3$! *$0+'/4(1,)2$! >.-60$-$'2+(4$! -:'2$'! 6$4! >+2$/.4($! $'! 5:'! ,$'-$4,$'B!!
!
Z"!
!"#$%&'(&)*+,%$+$-."/0&1$%2&-""0&3".$1*0/$&$-&2$$%"-10/456.$&5$-+$05$-7& DOEL
Zegelgeld - Wära
Sociaal
IMPLEMENTATIE Plaats Periode
Conventioneel geld
Demurrage
Conventione el Geld
Conventioneel geld
Transactiekosten
Conventione el Geld
Conventioneel geld
Transactiekosten
Biljetten & Munten
Rentevrij / demurrage
Biljetten & Munten
Winfield H. Caslow
Biljetten & Munten
Rentevrij / transaction fee Rentevrij / transaction fee
Chicago (VS)
1933-1935
Commerciele Barter (B2B)
Basel Zwitserland
1934-heden
Corporate Barter (B2B)
New York (VS)
1985-heden
RES EBB LETS - Comox Valley LETS
Sociaal
1982-????
- Noppes
Sociaal
- Blue Mountain LETS/BMCES - Sel de Grain
Sociaal
Courtenay Canada Amsterdam Nederland Sydney Australië Ariege Frankrijk
Sociaal; ouderenzorg Sociaal; ouderenzorg Sociaal; armoede bestrijding
Washington D.C. (VS)
1986-heden
Commercieel (C2B)
Prien Duitsland
Commercieel (B2B)/ Sociaal
Uruguay (nationaal
Regiogeld - Chiemgauer
Demurrage
Michael Unterguggen -berger Charles Zylstra
Sociaal
Ithaca Hours
Steenkool
July 1932 Nov 1933
- Recovery Certificates
- Fureai Kippu
Fysieke eenheden (steenkool)
Rentevrij/ demurrage
Oct. 1932-
Tijdbanken - Time Dollars
(dekking en inwisselbaarheid)
Biljetten & Munten
Hawarden Iowa (VS)
Kosten dekking
Denominatie
Max Hebecker
Sociaal
Uitgifte Procedure
Sparen/ Betalen 1931 – Oct. 1931
Sociaal
- Active International
ONTWERPCRITERIA Drager Functie
Schwanenkirchen Duitsland Wörgl Oostenrijk
- Arbeitswertscheinen/Wörgler Schillings - Hawarden Stamp Scrip
Trade Exchanges/ Barters - WIR
Initiatiefne mer
Paul Enz & Werner Simmerman Alan Elkin
Elektronisch
Rente
Michael Linton STRO
Cheques
Rentevrij
Elektronisch /Cheques Cheques green dollar Cheques Elektronisch
Rentevrij demurrage Rentevrij
Edgar S. Cahn Tsutomu Hotta Paul Glover
Cheques Elektronisch Cheques Elektronisch Biljetten & Munten
Christian Gelleri
STRO
Conventione el Geld
Wederzijds Kredietsysteem (geen dekking/inwisseling)
Entreekosten/ Lidmaatschapskosten
IMPACT AND SIGNIFICANCE Number of Annual Participants Turnover
Bijna 2 miljoen Schilling
500 bedrijven
750 barters. 400.000 bedrijven 85.000 bedrijven
Elektronisch
10 miljard Euro 2.5 miljard Zwitserse Franc 1.4 miljard Dollar
1800-2000 LETS
Sociaal/ Commercieel
1993-heden 1990-2001 2002-heden 1993-heden
1995-heden Ithaca (VS)
1991-heden
2002-heden 2003-heden
Claude Freysonette
Conventione el Geld Conventione el Geld Conventione el Geld Conventione el Geld
Wederzijds Kredietsysteem (geen dekking/inwisseling) Wederzijds Kredietsysteem (geen dekking/inwisseling) Wederzijds Kredietsysteem (geen dekking/inwisseling) Wederzijds Kredietsysteem (geen dekking/inwisseling)
Rentevrij
Tijd (uren)
Rentevrij
Time (uren)
Rentevrij
1 ‘Hour’ = 10 Dollar
Wederzijds Kredietsysteem (geen dekking/inwisseling) Wederzijds Kredietsysteem (geen dekking/inwisseling) Fiat geld (geen dekking/inwisseling)
Biljetten & Munten
Rentevrij / demurrage
Conventione el Geld
Elektronisch
Rentevrij
Conventione el Geld
Rentevrij
Lidmaatschapskosten 2% Transactiekosten Lidmaatschapskosten
1050 deelnemers (in 1998) 1500 deelnemers (in de hoogtijdagen) 300 deelnemers
Externe financiering
Niet geregistreerd (372 branches 2003)
Wordt niet geregistreerd
Aan- en Verkoopbare Waardebonnen
Demurrage
2500 consumenten
3.6 miljoen Euro
Aan- en Verkoopbare Waardebonnen
Demurrage,
N.A
N.A
Transition Currencies C3
C3U
!
Summer 2010-heden
Transactiekosten,
"#!
) Commercieel (B2B)/ Sociaal
Compras
Porto Alegre Brazilië
2005-heden
STRO
Elektronisch
Rentevrij
Conventione el Geld
Aan- en Verkoopbare Waardebonnen
malus Verzekeren, beoordelen en voorschieten van facturen
1000 bedrijven
onbekend
!
!
"$!
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
!"#
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`*/@1,# a%/58*,(1+%# b-,(+# @-,(%,# )-/(%,# =%+.%%(# =13# %%,# 2*,# (%# )1,@%'+# 2*,# `*/@1,R+# )1,@%'@%.%,<# )**/=13# %'@%# a%/58*,(1+%# b-,(# !# (-''*/# )**/(# )*+># LM/*# 1,# B58)*,%,@1/58%,# '13@.# (%# 01.D-,(%/1,-A#(%#/%&%'#.%#D13,#)**/#LM/*#)%/(#01.&%(/0@.#1,#%%,8%(%,#+.%%,@--'># ?-%2%%'# @-'%,# %'@%# LM/*# 2%/.%&%,)--/(1&(%<# %,# 8-%2%%'# I%0.+587*/@# (1.# )**/(# )*+<#1+#8%'**+#-,(01(%'13@>## # 6,+$,7+%3"8*%0("%& I%# 7%%/(%/8%1(# 2*,# 8%.# D%&%'&%'(# )*+# -4)%'# &%(%@.# (--/# 5-,2%,.1-,%%'# &%'(# FLW/&'G# -4# (--/# (%# A/-(05.%,# (1%# A*/.150'1%/%# =%(/132%,# A/-(05%%/(%,# F=2># `*/@1,# a%/58*,(1+%# b-,(<# LM/*G># E,# LW/&'<# (1%,(%# %%,# '%,1, 2*,# c;>;;;# J-+.%,/13@+%# B581''1, -A# (%# P*14%1++%,=*,@# *'+# -,(%/A*,(# 2--/# (%# LW/&'%/# B581''1,&+# (1%# 1,# -7'--A#)%/(%,#&%=/*58.>#a%.#7**/#"";;#B581''1,**,#D%&%'&%'(#1,#-7'--A#)*+#%/# (0+# &%%,# +A/*@%# 2*,# %%,# 4/*5.1-,%'%# (%@@1,&># E,# 8%.# &%2*'# 2*,# B58)*,%,@1/58%,# @-,(%,#LM/*d=1'3%..%,#1,&%)1++%'(#)-/(%,#2--/#@-'%,#01.#(%#+.%%,@--'713,#2*,#a*e# ?%=%5@%/>#O*+'-)K+#P%5-2%/Q#O%/.1415*.%+#1,#(%#HB#)*/%,#%%,#01.D-,(%/1,(--/(*.# O*+'-)# D13,# =%'-4.%# ,1%.# ,*# @)*7># ?13# &*4# )%'# &%'(<# 7**/# D%'4# )%1&%/(%# 813# (1.# .%# *55%A.%/%,<#,-58#)%/(#8%.#01.&%&%2%,#&%'(#&%(%@.#(--/#(%#A/-(05.%,#F*(2%/.%,.1%+G# (1%#813#2--/.=/*58.>## # E,# (%# 7%%+.%# &%2*''%,# )%/(# D%&%'&%'(# 1,# -7'--A# &%=/*58.# 7%.# 8%.# 01.=%.*'%,# 2*,# A%/+-,%%'># E,# B58)*,%,@1/58%,<# I01.+'*,(<# @/%&%,# 1,# .-.**'# Y;# 713,)%/@%/+# 80,# '--,# 2--/# Vf:# 1,# LM/*# %,# !f:# 1,# I%0.+587*/@# FETLJG># a%.# %%,# (%@@1, (--/# +.%%,@--'<# )*+# (%# LM/*# 2/13# 2*,# 1,4'*.1%# 1,# .%&%,+.%''1, .-.# (%# -A# (*.# 7-7%,.# 1,+.*=1%'%#P%158+7*/@>#E,#LW/&'<#)%/(%,#&%7%%,.%'13@%#*7=.%,*/%,#2--/#(%#8%'4.#1,# ,--(&%'(# =%.**'(# FC/%5-# V;;!Z# YYG># J-@# `*/@1,# a%/58*,(1+%# b-,(+# )%/(%,# 01.&%&%2%,# 1,# (%# 2-/7# 2*,# +*'*/1+># I%# %e*5.%# 2%/8-0(1, 1,# 8%.# .-.*'%# +*'*/1+# 1+# %58.%/# ,1%.# =%@%,(<# ,-58# 8%.# **,.*'# A%/+-,%%'+'%(%,# (*.# 1,# D%&%'&%'(# 01.=%.**'(# )%/(>## # !Y#
# 982+%)0%44,)$&& I%# @-+.%,# 2*,# 8%.# 7*,*&%,# 2*,# %%,# D%&%'&%'(+Q+.%%7# D13,# 2%/)**/'--+=**/# @'%1,># a%.# 8%.# A/1,.%,# 2*,# &%'(# )*/%,# )%1,1 @-+.%,# &%7-%1([# (--/# (%# 8-&%# -7'--A+,%'8%1(# 2*,# D%&%'&%'(# )*+# %/# 2--/# @'%1,%# &%7%%,+58*AA%,# ,1%.# 2%%'# D%&%'&%'(#,-(1&>#I%#%e*5.%#@-+.%,#2*,#8%.#=%8%/%,#2*,#D%&%'&%'(#D13,#3*77%/#&%,-% -,=%@%,(<# %,# %%,# +58*..1, 1+# '*+.1 -7(*.# 8%.# 7%%+.%# D%&%'&%'(# +'%58.+# %%,# 3**/# =%+.-,(>#I%#7%%+.%#@-+.%,#)%/(%,#%58.%/#1,.%/,#.%/0&2%/(1%,.#(--/#71((%'#2*,#(%# (%70//*&%#(1%#(%#01.&%2%,(%#-/&*,1+*.1%#-,.21,*,#(%#&%=/01@%/+>#JA#2*+.%#(*&%,# 8*(#(%#(/*&%/#2*,#%%,#=*,@=1'3%.#(%#A'158.#%%,#D%&%'#=13#(%#-/&*,1+*.1%#.%#@-A%,#F7%.# &%)--,# &%'(G# %,# (%D%# -A# 8%.# =1'3%.# .%# A'*@@%,# -7# 8%.# D%&%'&%'(# &%'(1 .%# 8-0(%,># S%,# D%&%'&%'(=1'3%.# =%2*..%# =132--/=%%'(# "V# 8-@3%+[# %'@# 8-@3%# /%A/%+%,.%%/.# %%,# )%%@# )**/1,# %%,# (*.07# )-/(.# 2%/7%'(# )**/-A# (%# D%&%'# 7-%.# )-/(%,# =%2%+.1&(># ?%.# D%&%'&%'(# )*+# -,&%'(1 *'+# =%.**'71((%'# D-,(%/# (%# D%&%'+# -A# (%# (*.*# (1%# 2%/+./%@%,#)*/%,>#J,.2*,&%/+#2*,#D%&%'&%'(#5-,./-'%/%,#=13#%'@%#=%.*'1,-4#8%.#&%'(# (%# =%,-(1&(%# D%&%'+# =%2*.># N'+# (*.# ,1%.# D-# 1+# @0,,%,# D13# 8%.# &%'(# )%1&%/%,># O-,./-'%/%,#D%#8%.#&%'(#,1%.#&-%(<#(*,#(/**1%,#D%#D%'4#-A#2--/#8%.#@-A%,#%,#A'*@@%,# 2*,#(%#D%&%'+<#2--/(*.#D13#(%D%#@0,,%,#=%+.%(%,>## # JA,1%0)#=%+.**.#%/#%%,#-A7%/@%'13@#2%/+581'#.0++%,#8%.#N7%/1@**,+%#%,#S0/-A%+%# D%&%'&%'(># ?%.# N7%/1@**,+%# D%&%'&%'(# 8*(# %%,# 2%%'# .13(%'13@%/# @*/*@.%/# (*,# 8%.# C%+%''1**,+%#D%&%'&%'(#1,#S0/-A*>#E,#(%#HB#)*+#8%.#D%&%'&%'(#D-(*,1-,.)-/A%,#(*.# 8%.#,*#2%/'--A#2*,#.13(#1,&%)1++%'(#@-,#)-/(%,#2--/#(-''*/+#F+%'4d'1h01(*.1,+.*7A# +5/1AG># ?%.# 7%%+.%# N7%/1@**,+%# D%&%'&%'(# @-,# )-/(%,# 1,&%)1++%'(# )*,,%%/# *''%# D%&%'+#-A#8%.#&%'(#)*/%,#&%A'*@.>#P%5-2%/Q#O%/.1415*.%+#@-,(%,#=132--/=%%'(#2--/#!# (-''*/# )-/(%,# 1,&%)1++%'(# *'+# "c# +.%7A%'+# -A# 8%.# =*,@=1'3%.# )*/%,# &%A'*@.<# .%&%,# %%,#A/13+#2*,#V#(-''*/5%,.#A%/#D%&%'#FC/%5-#V;;!Z#"]G>#I*.#=%.%@%,.#(*.#7%,#1,#.-.**'# !>;\#(-''*/#=%.**'(%[#!#(-''*/#*'+#(%@@1,--/#8%.#=1'3%.<#%,#\5.#-7#(%#@-+.%,#2*,#(%# -/&*,1+*.1%# .%# =%.*'%,># ?%.# N7%/1@**,+%# D%&%'&%'(# 2%/+581'.# (**/7%%# ,1%.# 2%%'# 2*,# %%,#-/(1,*1/%#'%,1,(1%#1,#"c#.%/713,%,#7-%.#)-/(%,#*4=%.**'(<#7%.#2%/+581'#(*.#(1%# 1+# *4&%+'-.%,# (--/# (%# &%7%%,+58*A# *'+# &%8%%'# %,# )**/# &%%,# F.13(+&%=-,(%,G# /%,.%# -A# /0+.# 7**/# %%,7*'1&%# @-+.%,# 2*,# \5.# A%/# (-''*/># ?%.# S0/-A%+%# D%&%'&%'(# (**/%,.%&%,<# )*+# D-# -,.)-/A%,# (*.# 8%.# -,%1,(1 ='%%4# 51/50'%/%,# %,# ,1%.# 1,)1++%'=**/#)*+#,*#2%/'--A#2*,#.13(#FC/%5-#V;;!Z#Y\d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g#
;*9'%*%+7:71%#%+#6+7-7::+-&%-./1%(%+1-# # P%%(+#1,#!\!"<#8*(#8%.#%1'*,(#C0%/,+%Q<#ii,#2*,#(%#b/1.+%#j*,**'%1'*,(%,<#D13,#%1&%,# 70,.%%,8%1(># ?%.# C0%/,+%Q# %eA%/17%,.# 7%.# (%# 01.&14.%# 2*,# '-@**'# &%'(# )%/(# --@# )%'# =%@%,(# *'+# 9k8%# a*/@%.# ?-0+%# B58%7%R># T*# (%# T*A-'%-,.1+58%# --/'- -,(%/2-,(%,# (%# 1,)-,%/+# 2*,# (%# j*,**'%1'*,(%,# %%,# &/-.%# +58**/+.%# **,# &%'(# -A# 8%.# %1'*,(># ?%.# /%+0'.%%/(%# 1,# 8%.# 1,%%,+.-/.%,# 2*,# (%# *&/*/1+58%# %5-,-71%># ?%.# =%+.00/# 2*,# 8%.# %1'*,(# )*+# ,*&%,-% =*,@/-%.<# ,0# 8%.# &/-.%# +580'(%,# 8*(# %,# (%# =%'*+.1,&1,@-7+.%,#@%'(%/(%,>#?%.#8*(#=-2%,(1%,#2%/A'158.1,&%,#-7#8-&%#/%,.%+#.%# =%.*'%,# **,# (%# &/-.%# =*,@%,# 1,# `-,(%,<# %,# 8%.# )*+# ,1%.# -,&%)--,# (*.# (%D%# 80,# '%,1,*,#(%#%%,#-A#(%#*,(%/%#(*.%/0&%1+.%,>#?%.#2%/8**'#&**.#(*.#%/#.%&%'13@%/.13(# +A/*@%# )*+# 2*,# 9A-2%/.Q# *7-,&+.# A'%,.QRZ# 7*.%/1**'# %,# 7*,@/*58.# )*+# *'-7# **,)%D1&<#*''%%,#8%.#&%'(#-7#./*,+*5.1%+#7-&%'13@#.%#7*@%,#-,.=/*@>#I*.#=%.%@%,(%# (*.# 8%.# %1'*,(=%+.00/# -,7-&%'13@# A0='1%@%# (1%,+.%,# @-,# '%2%/%,># ?%.# *4+'01.%,# 2*,# %%,#'%,1,=13#(%#A/12*.%#=*,@%,#)*+#*''%%,#7-&%'13@#.%&%,#%%,#+58/1@=*/%,(%#/%,.%# 2*,# !gX# FB8%/)--(# V;!;G># I%# &-02%/,%0/# 2*,# 8%.# %1'*,(# =%+'--.# (**/-A# (*.# 8%.# %1'*,(=%+.00/#D%'4#&%'(#7-%+.#&**,#A/1,.%,<#5-7A'%7%,.*1/#**,#(%#b/1.+%#l-,(<#-7# (%D%# 01.# .%# &%2%,# **,# =0/&%/+# (1%# A0='1%@%# )%/@%,# 01.2-%/(%,># ?%.# &%'(# (*.# )%/(# 01.&%&%2%,# )*+# 2/13# 2*,# /%,.%<# )*.# .-.# +0=+.*,.16'%# =%+A*/1,&%,# '%1((%# 2--/# (%# '-@*'%#-2%/8%1(>#I%#=1'3%..%,#(1%#1,#-7'--A#)%/(%,#&%=/*58.#)*/%,#0,1%@#(--/#%%,# 9+%''d=Qd(*.%R# (1%# (%# (/*&%/# 8%.# /%58.# &*4# -7# 8%.# =1'3%.# -A# %%,# 2*+.%# (*.07# 1,# .%# )1++%'%,# 2--/# b/1.+%# l-,(%,># I%# =%'*+.1,&1,@-7+.%,# )%/(%,# **,&%)%,(# *'+# (%@@1,--/#8%.#C0%/,+%Q#&%'(>#E,#.-.**'#=/*58.#(%#-2%/8%1(#2*,#C0%/,+%Q#\;>;;;# A-,(#**,#C0%/,+%Q#&%'(#1,#-7'--A>#E,#71,(%/#(*,#!;#3**/#='-%1(%#(%#%5-,-71%#-AZ# )%&%,<# )1,(7-'%,<# @0+.2%/(%(1&1,&<# +58-'%,# %,# %%,# 7*/@.# )%/(%,# &%=-0)(# FI%0.+58%# L1/.+58*4.+# C%7%1,+58*4.# V;!;G># I**/,**+.# )%/(# 2-''%(1&%# )%/@&%'%&%,8%1(# %,# A/13++.*=1'1.%1.# &%/%*'1+%%/(># b-2%,(1%,# )1+.# C0%/,+%Q# D158# '-+# .%# 7*@%,# 2*,# (%# 7*58.1&%# `-,(%,+%# =*,@%,[# (%# +580'(%,# )*/%,# *4=%.**'(# %,# (**/7%%# )*+# (%# -2%/8%1(# ,1%.# '*,&%/# /%,.%# 2%/+580'(1&(># I%# `-,(%,+%# =*,@%,# =%+58-0)(%,#C0%/,+%Q#%58.%/#*'+#%%,#=%(/%1&1,--/#80,#&%2%+.1&(%#=%'*,&%,>#$13# =%&-,,%,#D158#.%#=%@'*&%,#=13#(%#@/--,/**(#%,#*/&07%,.%%/(%,#(*.#C0%/,+%Q#8**/# =%2-%&(8%(%,# -2%/+58/%%(# (--/# D%'4# &%'(# .%# (/0@@%,# Fb1/58# V;;\G># k)%%# =*,@%,# 2%+.1&(%,#D158#-A#8%.#%1'*,(#1,#!\Vg#%,#!\:">#J7#8%.#7-,-A-'Q#-A#8%.#01.&%2%,#2*,# &%'(#.%#8%/-2%/%,<#=/*58.%,#D13#-A#&/-.%#+58**'#b/1.+%#l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m,./1&%%/(#(--/#(%#-7+.*,(1&8%(%,#&1,C%+%''#D158# .-%'%&&%,#-A#(%#/-'#2*,#&%'(51/50'*.1%#-A#(%#%5-,-71+58%#)%'2**/.>#E,#D13,#=-%@#nI1%# T*.0/'158%# L1/.+58*4.+-/(,0,&o# FC%+%''# !]!\G# @)*7# 813# 7%.# 8%.# 1(%%# 2*,# !\#
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p*'%# q,12%/+1.Q<# 8*(# /%%(+# 1,# !]!!# D13,# =%/-%7(%# 2%/&%'13@# aHrlk# &%m,./-(05%%/(># H-'&%,+# (%D%# 2%/&%'13@# 1+# (%# 8-%2%%'8%1(#&%'(#Fa-,%QG#2%/7%,1&20'(1&(#7%.#(%#-7'--A+,%'8%1(#FH%'-51.QG#&%'13@# **,# 8%.# &%71((%'(%# A/13+,12%*0# Fl/15%G# 2%/7%,1&20'(1&(# 7%.# 8%.# .-.**'# **,.*'# ./*,+*5.1%+#Fk/*(%G># # I%# 1(%%6,# 2*,# C%+%''# )%/(%,# &%m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h0%,.1%#(*.#7%,#8%.#2%/./-0)%,#1,#8%.#&%'(#2%/'--/>#I%#=%/058.%#8QA%/1,4'*.1%# 2*,#!]V:#(1%#8%.#/%+0'.**.#)*+#2*,#(1.#=%'%1(<#@)*7#.-.#01.(/0@@1,,#)%/@,%7%/+# (1%#80,#'--,#-A8**'(%,#7%.#@/01)*&%,+>#a%.#'%,1,&%,#2*,#(%#N7%/1@**,+%#-2%/8%1(# F8%.# I*)%+# l'*,# !]Vcd!]V\# %,# 8%.# p-0, l'*,# # !]V]G# 2%/71,(%/(%# (%# ,--(D**@# &%'(#.%#A/1,.%,>#a%.#8%.#1,./-(05%/%,#2*,#(%#P%,.%,7*/@#(--/#?3*'7*/#B58*58.#*'+# ,1%0)#A/%+1(%,.#2*,#(%#O%,./*'#b*,@<#)%/(#01.%1,(%'13@#(%#8QA%/1,4'*.1%#.-.#%%,#8*'.# &%=/*58.># a%.# 8%.# -,.+.**,# 2*,# (%# 41,*,516'%# 5/1+1+# 1,# !]V]<# +.-A.# (%# HB# 7%.# 8%.# 2%/+./%@@%,# 2*,# '%,1,&%,># I01.+'*,(R+# 2%/A'158.1,&%,# )-/(%,# A*+# 1,# !]:V# -A&%+58-/.# 7%.# (%# O-,4%/%,.1%# 2*,# `*0+*,,%># a%.# 7%%/# A/-.%5.1-,1+.1+58%# 7**./%&%'%,# FD-*'+# (%# B7--.d?*)'%Q# k*/144# N5.G# @-7.# (%# 7-,(1*'%# 8*,(%'<# %,# (%# I01.+%#%eA-/.#1,#8%.#=13D-,(%/<#.-.#+.1'+.*,(>#a%.#%%,#(*'%,(%#2/**,**/#A/-(05.%,<# )-/(%,# A/13D%,# ,**/# =%,%(%,# =13&%+.%'(# %,# 1+# (%4'*.1%# 8%.# &%2-'&># b%&1,# 3*/%,# R:;# )-/(.# &%'(# 7*++**'# -A&%A-.# %,# 1+# 8%.# ,*0)%'13@+# 1,# -7'--A# FC/%5-# V;;!Z# Y:G># S5-,-71+58%#2--/01.D158.%,#D13,#-A,1%0)#-,&0,+.1&># # k%&%,# (%D%# *58.%/&/-,(# 2*,# 7-,%.*1/%# 1,+.*=1'1.%1.# %,# %5-,-71+58%# /%5%++1%<# -,.+.**.# 2*,*4# !]!]# (%# 9^/%1)1/.+58*4.+R# =%)%&1, F^1+8%/_O-8/++%,# !]::Z# O8# EHG># k0++%,# !]VY# %,# !]:!# )-/(.# 8%.# LM/*# %eA%/17%,.# &%m7A'%7%,.%%/(># E,# !]V]<# ,*# (/1%#3**/#2*,#2--/=%/%1(1,&%,<#A*++%,#?%'70.#PW(1&%/#%,#?*,+#k177#C%+%''R+#1(%%6,# .-%# (--/# 8%.# -A/158.%,# 2*,# (%# 9LM/*# k*0+58&%+%''+58*4.R># I1.# )*+# %%,# +%/215%# !]#
-/&*,1+*.1%# (1%# %%,# ,1%0)%# &%'(%%,8%1(# **,=--(># I%# ,**7# 2*,# (%# ,1%0)%# &%'(%%,8%1(#1+#9LM/*R<#*4&%'%1(#2*,#8%.#I01.+%#)--/(#9L*/%R#FL*/%,#-4#&-%(%/%,G#%,# 9LM8/0,&R# F&%'(G# FC/%5-# V;;!Z# Y:G># E,# !]:!# )-/(.# (%# LM/*# 2--/# 8%.# %%/+.# 1,# 51/50'*.1%# &%=/*58.[# q'7# %,# S/40/.# )-/(%,# (%# %%/+.%# @'*,.%,# 2*,# (%# LM/*# k*0+58&%+%''+58*4.># LM/*# )-/(.# (**/,*# --@# 1,&%2-%/(# 1,# T-/(%,# %,# 8%.# ,*=13# &%'%&%,#L*((%,%1'*,(#T-/(%/,%Q#(--/#?*,+#k/17=-/,#%,#I/>#T-/()%''#FL1@1A%(1*# V;!;*[# V;!;=G># ?%.# (-/A# B58)*,%,@1/58%,# 1+# %58.%/# 8%.# 7%%+.# =%@%,(# -7# D13,# 17A'%7%,.*.1%#2*,#(%#LM/*<#2*,)%&%#(%#&/-.%/%#17A*5.#(1%#(*.#8*(># # E,# B58)*,%,@1/58%,# )*+# (%# )%/@'--+8%1(# %,-/7# ,*(*.# (%# '-@*'%# +.%%,@--'713,# 8**/#(%0/%,#1,#!]V]#+'--.>#k)%%#3**/#'*.%/#=%+'01.#(%#%1&%,**/#2*,#(%#713,<#a*e## ?%=%5@%/<# %%,# '%,1, 2*,# c;>;;;# P%158+7*/@# *4# .%# +'01.%,># a%.# 8%.# &%'(# @--A.# 813# LM/*# D%&%'&%'(# =13# (%# LM/*# k*0+58&%+%''+58*4.<# )**/-A# 813# (%# 713,# 1,# !]:!# 8%/-A%,(# FC/%5-# V;;!Z# YcG># I%# 713,)%/@%/+# D13,# 1,# %%/+.%# 1,+.*,.1%# .%/0&8-0(%,(# 7**/# *55%A.%/%,# 01.%1,(%'13@# (%%'+# 1,# LM/*# 01.=%.**'(# .%# )-/(%,# ,*# &*/*,.1%+# 8%.# &%'(# .%# @0,,%,# =%+.%(%,# =13# '-@*'%# )1,@%'1%/+# -4# .%# @0,,%,# 1,)1++%'%,# 2--/# %%,# 2*+.%# 8-%2%%'8%1(# +.%%,@--'# =13# (%# 713,# F`1%.*%/# !]]]Z# !V"G># # J-@# )1,@%'1%/+# .)134%'%,# 8%.# &%'(# **,# .%# ,%7%,># $13# )-/(%,# %58.%/# *'# +,%'# &%5-,4/-,.%%/(# 7%.# (%# /%*'1.%1.# (*.# D13# @'*,.%,# 2%/'1%D%,# **,# )1,@%'1%/+# (1%# (%# LM/*# :%.& *55%A.%/%,># b-2%,(1%,# 8*((%,# D13# &%%,# @%0+[# 5-,+07%,.%,# 8*((%,# (--/&**,+# &%%,# -4# ,*0)%'13@+# &%)--,# &%'(# .%# =%+.%(%,# F^1+8%/# _# O-8/++%,# !]::Z# O8># EHG># a%.# (%# 7**,(%'13@+%#=%'*+.1,--/#8%.#-AA-..%,#2*,#&%'(<#)*+#1%(%/%%,#%/-A#01.#D13,#&%'(# D-#+,%'#*'+#7-&%'13@#01.#.%#&%2%,>#I*.#=%.%@%,(%#(*.#8%.#&%'(#2%%'#+,%''%/#2*,#8*,(#.-.# 8*,(#&1,(*,#7%.#5-,2%,.1-,%%'#&%'(#8%.#&%2*'#)*+>#k%,#.)%%(%<#(--/(*.#(%#LM/*# *''%%,# '-@**'# 2%/(1%,(# %,# =%+.%%(# @-,# )-/(%,<# ='%%4# (%# LM/*# =1,,%,# (%# &%7%%,+58*A# 51/50'%/%,># E/-,1+58# &%,-%&<# =%.%@%,(%# 8%.# +055%+# 2*,# (%# LM/*# --@# 8%.# %1,(%# 2*,# 8%.# D%&%'&%'(# 1,# B58)*,%,@1/58%,># JA# :!# [email protected]=%/# !]:!# ,%%7.# 8%.# I01.+%# A*/'%7%,.# %%,# )%.# **,# (1%# (%# 01.&14.%# 2*,# D%&%'&%'(# 2%/=1%(># B58)*,%,@1/58%,#2%/2*'.#(**/-A#)%%/#1,#%%,#%5-,-71+58%#/%5%++1%>## # ?%.#71/*@%'#2*,#B58)*,%,@1/58%,#21,(.#%58.%/#*'#+,%'#%%,#-A2-'&%/#1,#8%.#,*=0/1&%# J-+.%,/13@# -A# "# 30'1# !]:V># ?%.# (-/A# LW/&'# )-/(.# %2%,D-# &%5-,4/-,.%%/(# 7%.# 8-&%# )%/@'--+8%1(<# -,=%.**'(%# =%'*+.1,&%,<# +580'(%,# %,# 4*1''1++%7%,.%,# 2*,# 8%.# '-@*'%# =%(/134+'%2%,>#k%&%'13@%/.13(#=%+581@.#(%#&%7%%,.%#-2%/#+'%58.+#c;>;;;#B581''1,-7# %%,#'13+.#**,#A0='1%@%#)%/@%,#.%#2%//158.%,#F`1%.*%/#!]]]Z#!VYG>#J,(%/#8%.#1,1.1*.1%4# 2*,# =0/&%7%%+.%/# a158%*'# q,.%/&0&&%,=%/&%/# )-/(%,# (%# 9N/=%1.+)%/.+58%1,%,R# F*/=%1(+5%/.1415*.%,G# &%m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
&%-&/*41+58#*'+#%%,#-'1%2'%@># # E/21,^1+8%/#8*(#(%#-,.)1@@%'1,&%,#1,#B58)*,%,@1/58%,#%,#LW/&'#,*0)'%..%,(#1,# (%#&*.%,#&%8-0(%,>#?13#)%/(#ii,#2*,#(%#&/--.+.%#2--/+.*,(%/+#2*,#D%&%'&%'(#1,#(%# HB# %,# =/*58.# %%,# 8*,('%1(1, 01.# &%.1.%'(# 9B.*7A# B5/1AR# F!]::G># ?%.# 71/*@%'# 2*,# B58)*,%,@1/58%,# 8*(# --@# /%%(+# (%# **,(*58.# 2*,# (%# 7%(1*# &%./-@@%,# %,# %/# )%/(# -2%/#=%/158.#1,#2%/+581''%,(%#A0='15*.1%+#%,#@/*,.%,>#^1+8%/R+#5-''%&*<#?*,+#O-8/++%,# =132--/=%%'(<# A0='15%%/(%# %%,# 01.&%=/%1(# */.1@%'# 1,# 9k8%# T%)# P%A0='15R># ^1+8%/# =%+58-0)(%#+.*7A#+5/1A#*'+#8%.#0'.1%7%#71((%'#-7#8%.#58/-,1+58#.%@-/.#**,#&%'(#%,# (%# **,8-0(%,(%# %5-,-71+58%# %,# 41,*,516'%# 5/1+1+#8%.# 8--4(# .%# =1%(%,># I*,@D13# D13,# 1,+A*,,1,&%,# %,# %eA%/.1+%# 8*(# 813# A/%+1(%,.# ^/*,@'1,# I%'*,-# P--+%2%'.# %,# 8%.# 5-,&/%+# %/# =13,*# 2*,# -2%/.01&(# D%&%'&%'(# -A# ,*.1-,**'# ,12%*0# 01.# .%# &%2%,# F`1%.*%/# !]]]Z# !V\[# O8*7A# V;;]Z# :gG># I1.# 1+# 71++581%,# 2%/=*D1,&)%@@%,(<# 7**/# 7%,# 7-%.# =%(%,@%,# (*.# (%# HB# (--/# (%# 81+.-/1%# 8%%,# *'# 7%%/(%/%# %/2*/1,&%,# 8*(# 7%.# 8%.# 01.=/%,&%,# 2*,# ,--(&%'([# .13(%,+# (%# N7%/1@**,+%# =0/&%/--/'- F!\Y!dY"G# %,# (%# &/-.%# A*,1%@# 2*,# !\!]<# !\::<# !\"g<# %,# !];g# FC*.58# V;;YZ# cG># P--+%2%'.# D* 01.%1,(%'13@#*4#2*,#8%.#01.=/%,&%,#2*,#,--(&%'(#F-,(%/#(/0@#2*,#8%.#=*,@)%D%,G#%,# 7%.#(%#9T%)#I%*'R#2*,#!]:c#)%/(#D%&%'&%'(#01.%1,(%'13@#8%'%7**'#2%/=-(%,>## # ?%.# %%/+.%# D%&%'&%'(# 2*,# (%# &/-.%# (%A/%++1%# )%/(# &%m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`*/@1,# a%/58*,(1+%# b-,(# )*+# %%,# 2%%'# +055%+2-''%/# %,# =%.%/# -,.)-/A%,# D%&%'&%'(+Q+.%%7# (1%# )%/(# 01.&%&%2%,# 1,# T%)# p-/@># `*/@1,# )*+# %%,# )1,@%'@%.%,# 7%.# 7%%/(%/%# 41'1*'%,# 1,# T%)# p-/@># ?%.# &%=/01@.%# (%# a%/58*,(1+%# b-,(+# -7# 8%.# A%/+-,%%'#01.#.%#=%.*'%,#7%.#(%#&*/*,.1%#(*.#D13#(%D%#.%,#*''%#.13(%,#@-,(%,#=%+.%(%,# =13#%%,#)1''%@%0/1&%#`*/@1,#(%.*1'8*,(%'**/#1,#(%#HB>#?%.#*++-/.17%,.#**,#A/-(05.%,# 2-/7(%# (0+# (%# (%@@1, 2*,# (%# a%/58*,(1+%# b-,(># I%# `*/@1,# a%/58*,(1+%# =-,(# )%/(#1,#(%#A/*@.13@#2%%'#)13(2%/=/%1(%/#&%*55%A.%%/(#(*,#*''%%,#=13#`*/@1,#)1,@%'+># ?%.# ,--(&%'(# 2%/()%%,# 01.%1,(%'13@# ,*(*.# 5-,2%,.1-,%%'# &%'(# .%&%,# 8%.# %1,(%# 2*,# (%#5/1+1+#)%%/#+.%%(+#7%%/#2--/#8*,(%,#@)*7>## # # # V!#
;*9:.7#%+#,%7%<%+1-## # ;/<#)$&%)&$"8%,&& E,#I01.+'*,(#)*+#(%#LM/*#k*0+58&%+%''+58*4.#&/-.%,(%%'+#2%/*,.)--/(%'13@#2--/#8%.# -,.+.**,# 2*,# D%&%'&%'(># E,# J-+.%,/13@# /**@.%# 8%.# D%&%'&%'(# ,--1.# %58.# )13(2%/=/%1(># $%&%'&%'(#=%+.-,(#7**/#@-/.#1,#I01.+'*,(#%,#J-+.%,/13@#(--/(*.#(%#5%,./*'%#=*,@%,# (%# 01.&14.%# 2*,# D%&%'&%'(# 2%/=-(%,># J-@# 1,# (%# H%/%,1&(%# B.*.%,# )%/(# D%&%'&%'(# -A# 2%'%#A'%@@%,#&%m,./-(05%%/(#D-*'+#S2*,+.-,#FE''1,-1+G<#P0++%''#Fj*,+*+G<#P-5@#P*A1(+# FE-)*G# N'=1*# FE-)*G<# C/*,1.%# ^*''+# Fa1,,%+-.*G<# T%2*(*# FE-)*G<# l%''*# FE-)*G<# a*&,07# FJ@'*8-7*G<# S'(-/*# FE-)*G<# s*+A%/# Fa1,,%+-.*G<# a%/5%(# *,(# N,*8%17# FO*'14-/,1*G<# `%e1,&.-,# FT%=/*+@*G<# S,1(# FJ@'*8-7*G# F^1+8%/# _# O-8/++%,# !]::Z# O8# EHG># k0++%,# !]:V# %,# !]:c# )*/%,# %,@%'%# 8-,(%/(%,# D%&%'&%'(# A/-&/*77*R+# *5.1%4# FC*.58# V;;YZ# \G># ?%.# 9b0/%*0# -4# ^-/%1&,# N44*1/+R# +58*..%# 8%.# .-.**'# -A# D-R,# c;;# ,--(&%'(# A/-&/*77*R+# 1,# !]::# F`-)(# V;;!Z# O8:G># ?%.# )*+# 7%.# ,*7%# P--+%2%'.R+# =%/-%7(%# 9=*,@# 8-'1(*QR# 1,# a**/.# 2*,# 8%.D%'4(%# 3**/# (*.# %%,# +.%/@%# +.170'0+# =%.%@%,(%#2--/#8%.#-,.+.**,#2*,#,--(&%'(>#a%.#*''%#=*,@%,#&%+'-.%,<#8*(#,1%7*,(# .-%&*, .-.# 8%.# &%'(# -A# (%# %1&%,# =*,@/%@%,1,&># E,# .-.**'# )*+# %/# .%/# )**/(%# 2*,# !# 71'3*/(#(-''*/#**,#,--(&%'(#1,#-7'--A#FL1''1+#*,(#O8*A7*,#!]:cZ#!"#1,#C*.58#V;;YZ# !G>#E,#(%#7%%+.%#&%2*''%,#2*/1%%/(%#8%.#**,.*'#(%%',%7%/+#2*,#%%,#A**/#8-,(%/(#.-.# %%,#A**/#(01D%,(<#7%%+.*'#=%+.**,(%#01.#%%,#+0=+.*,.1%%'#(%%'#2*,#(%#1,)-,%/+#1,#(%# +.%(%,#%,#(-/A%,#)**/#A/-&/*77*R+#*5.1%4#)*/%,># # I%+*',1%..%71,<#-,(%/2-,(%,#2%'%#D%&%'&%'(A/-&/*77*R+#--@#%%,#**,.*'#A/-='%7%,# 7%.#.-.#&%2-'(*.#2%'%,#-A81%'(%,#.%#=%+.**,>#`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k)%%(%# L%/%'(--/'-&># H-'&%,+# C*.58# FV;;YZ# :![:"G# .--,(%,# (%# 3*/%,# 9:;# (*.# )*,,%%/# 7%,+%,# &%'(# ,-(1 8%==%,<# D13# 8%.# D%'4# 5/%6/%,># a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b/1.+#%5-,--7#s-8,#a*Q,*/(#j%Q,%+#-,(%/+58/%%4#C%+%''R+#1(%%6,# -2%/#&%'(#%,#(%70//*&%#F`1%.*%/#V;!;G>#E,#(%#3*/%,#9c;#+.%'(%#813#2--/#-7#%%,#,1%0)# VV#
.QA%# &%'(%%,8%1(# .%# 1,./-(05%/%,# 2--/# 8%.# 1,.%/,*.1-,*'%# =%.*'1,&+2%/@%%/Z# (%# 9b*,5-/R># ?%.# =13D-,(%/%# **,# 8%.# -,.)%/A# 2*,# (%# b*,5-/# )*+# %%,# +A**/=%'*+.1, 2--/#'*,(%,#7%.#%%,#&%'(-2%/+58-.#-7#(%#1,.%/,*.1-,*'%#8*,(%'#.%#=%2-/(%/%,>#?%.# 2--/+.%'# )%/(# %58.%/# ,--1.# **,&%,-7%,# %,# %%,# *'.%/,*.1%4# 7-,%.*1/# +Q+.%%7# -,.+.-,(# 7%.# (%# b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a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c";;# B581''1, **,# *58.%/+.*''1&%# =%'*+.1,&%,# &%m,(# FC/%5-# V;;!Z# YYG># I%# &%7%%,.%# D* A'-.+%'1, 7-&%'13@8%(%,# -7# .%# 1,2%+.%/%,# 1,# '-@*'%# A/-3%5.%,# D-*'+# )%&%,=-0)<#8%.#)*.%/(1+./1=0.1%+Q+.%%7<#(%#=-0)#2*,#%%,#=/0&<#%,#%%,#+@1+58*,+# F`1%.*%/#!]]]Z#!VYG>#?%.#+055%+#./-@#D%'4+#(%#.-%@-7+.1A/%71%/#S(-0*/(#I*'*(1%/# **,<#-7#%%,#=%D-%@#.%#=/%,&%,#**,#8%.#9)-,(%/#2*,#LW/&'R>#E,#8%.#&%2*'#2*,#LW/&'# )*+# 8%.# )%(%/-7# (%# O%,./*'%# b*,@# (1%# (%# -2%/8%1(# %/.-%# D%..%# 8%.# D%&%'&%'(# .%# 2%/=1%(%,<# 1,# (%# *,&+.# (*.# 8%.# D158# '*,(%'13@# D-0# 2%/=/%1(%,# FC/%5-# V;;!Z# YYG># I%# =*,@%,# 2%/)%D%,# ,**/# 80,# 7-,-A-'1%/%58.# -A# 8%.# (/0@@%,# 2*,# &%'(<# (1%# (%# /%58.=*,@# 01.%1,(%'13@# -2%/.01&(%# 2*,# 80,# &%'13@># I%# (1/%5.%# **,'%1(1, 2*,# (%D%# 1,.%/2%,.1%#)*+#%%,#=13%%,@-7+.#2*,#!g;#2%/.%&%,)--/(1&%/+#2*,#(-/A%,#%,#+.%(%,# (1%#LW/&'R+#2--/=%%'(#)1'(%,#2-'&%,#F`1%.*%/#!]]]Z#!VgG>#j1.D=t8'<#%%,#,*=13&%'%&%,# (-/A<#8*(#/%%(+#1,#s*,0*/1#!]::#8%.#%eA%/17%,.#&%@-A1%%/(>#JA#V!#T-2%7=%/#!]::# @)*7#8%.#A/-3%5.#**,#D13,#%1,(%#%,#A'*,,%,#-7#(%D%#%'(%/+#.%#1,./-(05%/%,#)%/(%,# -A&%+58-/.#-4#*4&%='*D%,#F`1%.*%/#!]]]Z#";\G>#a%.#(%#01.=/**@#2*,#LJEE#/**@.%,#(%# %eA%/17%,.%,#D-*'+#(%#LM/*#%,#(%#LW/&'%/#B581''1,.%1,(%'13@#1,#(%#2%/&%.%'8%1(## # $-*'+# %%/(%/%# =%+58/%2%,# )*+# %%,# 2*,# (%# (-%'+.%''1,&%,# 2*,# D%&%'&%'(# -7# (%# -7'--A+,%'8%1(#2*,#&%'(#.%#2%/&/-.%,#%,#(**/7%%#(%#)%'2**/.#%%,#17A0'+#.%#&%2%,># I%#%eA%/17%,.%,#1,#S0/-A*#%,#(%#HB#.-,%,#(*.#D%&%'&%'(#1,(%/(**(#+,%''%/#2*,#8*,(# .-.#8*,(#&1,(*,#5-,2%,.1-,%%'#&%'(>#I%#(%70//*&%#)-/(.#*'&%7%%,#&%D1%,#*'+#(%# --/D**@#2--/#(%#+,%''%#%5-,-71+58%#-A='-%1#2*,#(%#(-/A%,#(1%#8%.#&%'(#&%=/01@.%,># V:#
`1%.*%/#=%+58/134.#8-%#1,#LW/&'#*7A%/#"";;#+581''1,**,#D%&%'&%'(#1,#51/50'*.1%#)*+<# 7**/#1,#(*.#1,#(%#!"<"#7**,(%,#(*.#8%.#A/-&/*77*#*5.1%4#)*+<#8%.#&%'(#&%71((%'(# c!Y#@%%/#51/50'%%/(%<#)*.#&%'13@#+.**.#**,#V>"cg>:Y;#+581''1,%5-,-71+58%#*5.121.%1.># E,2%+.%/1,&%,# 1,# A/-(05.1%2%# &-%(%/%,# =%(/-% 1,# LW/&'# 7**/# '1%4+.# V!]X# 7%%/# (*,# 8%.# 3**/# %/2--/# F!]]]Z# "!;G># ?%.D%'4(%# &**.# -A# 2--/# (%# `*/@1,# a%/58*,(1+%# b-,(+>#S/#)*+#2--/#-,&%2%%/#:Y>;;;#(-''*/#**,#D%&%'&%'(#1,#-7'--A<#7**/#(--/(*.# 8%.#g#@%%/#2*,#8*,(#.-.#8*,(#&1,--/(*.#8%.#)%%/#01.#(%#51/50'*.1%#)%/(#&%,-7%,<# )*+#8%.#&-%(#2--/#V";>;;;#(-''*/#**,#8*,(%'#FC/%5-#V;;!Z#Y!G>#^1+8%/#_#O-8/++%,# F!]::Z#O8>#HG#+58*..%,#(*.#(%#-7'--A+,%'8%1(#2*,#D%&%'&%'(#1,#(%#HB#(--/&**,+#21%/# 7**'#+,%''%/#)*+#(*,#(*.#2*,#(%#(-''*/!">## #
######################################################## !"#I%#-,.)%/A4-0.#1,#8%.#9N7%/1@**,+%R#D%&%'&%'(#D-0#%%,#'-&1+58%#2%/@'*/1,D13,#2--/#8%.#4%1.#(*.#8%.#
9N7%/1@**,+%R#D%&%'&%'(#%%,#**,D1%,'13@#'*&%/%#-7'--A+,%'8%1(#@%,.#(*,#8%.#9C%+%''1**,+%R#D%&%'&%'(>##
Vc#
#
="#,:07%0# # # )'&%*%+%#,%-./01231+ # J,(%/# %%,# b*/.%/<# 1,# S0/-A*# --@# )%'# **,&%(01(# *'+# 9./*(%# %e58*,&%R<# )-/(.# %%,# 5-77%/516'%# -/&*,1+*.1%# 2%/+.**,# (1%# %%,# F-,'1,%G# 8*,(%'+A'*.4-/7# **,=1%(.# **,# =%(/132%,# %,# (%# =%.*'1,&%,# =138-0(.# (--/# 71((%'# 2*,# %%,# =-%@8-0(+Q+.%%7># I**/# @-7.#&%%,#4Q+1%@#-4#5-,.*,.#&%'(#=13#@13@%,>#I%#,**7#b*/.%/#1+#81%/=13#%/%/)*//%,(# **,&%D1%,# (1.# '%..%/'13@# 2%/.**'(# 9/01'8*,(%'R# =%.%@%,.# %,# (0+# (1/%5.%<# )%(%/@%/1&%# 8*,(%'# +0&&%/%%/.[# 8%.# ii,# -A# ii,# 01.)1++%'%,# 2*,# %%,# &-%(# 2--/# %%,# *,(%/# &-%(># I1/%5.%#/01'8*,(%'#8%%4.#%58.%/#D13,#=%A%/@1,&%,Z#)*,,%%/#%%,#2*,#(%#.)%%#A*/.13%,# 1,# %%,# ./*,+*5.1%# ,1%.+# 8%%4.# )**/# (%# *,(%/%# 1,.%/%++%# 2--/# 8%%4.<# 21,(.# %/# &%%,# ./*,+*5.1%# A'**.+># S/# )-/(.# (*,# --@# )%'# &%+A/-@%,# 2*,# a-(%/,%# b*/.%/+># E,# a-(%/,%# b*/.%/+# )-/(.# &%=/01@# &%7**@.# 2*,# %%,# 9=0+1,%++d.-d=0+1,%++R# &%'(%%,8%1(# F2**@# **,&%(01(# *'+# 9./*(%# 5/%(1.+RG# 2--/# ./*,+*5.1%+># I%# '%(%,# 1,# %%,# =*/.%/# 8%==%,# (0+# 7%.# 9./*(%# 5/%(1.+R# %%,# %e./*# 7-&%'13@8%1(# -7# A/-(05.%,# %,# (1%,+.%,#.%#@-A%,#%,#2%/@-A%,#D-,(%/#(*.#(**/#&%)--,#&%'(#**,#.%#A*+#@-7.>#N''%# (%%',%7%,(%# =%(/132%,# =%&1,,%,# 7%.# %%,# +*'(-# 2*,# ;# 5/%(1.+># S'@%# =%(/134# )-/(.# &%5/%(1.%%/(# 7%.# (%# 2%/@--A# 2*,# A/-(05.%,f(1%,+.%,# %,# &%(%=1.%%/(# 7%.# (%# **,@--A#2*,#A/-(05.%,f(1%,+.%,>#`1%.*%/#F!]]]Z#!cVG#+A/%%@.#2*,#970.0*'#5/%(1.R#-4# )%(%/D13(+#@/%(1%.#2--/#8%.#**,(01(%,#2*,#%%,#(%/&%'13@%#2--/D1%,1,&># # N''%#b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p-/@># O-77%/516'%# =*/.%/+# D13,# 301+.# 7%%/# &%/158.#-A#8%.#a1((%,#%,#j'%1,#b%(/134#%,#8%.#&**.#81%/#-7#2%%'#7%%/<#7**/#--@#2%%'# @'%1,%/%#=%(/*&%,>#I%#$)1.+%/+%#LEP#=*,@#1+#(%#=%@%,(+.%#5-77%/516'%#=*/.%/>## # 45%'# # b*/.%/+# D13,# %%,# A/12**.# 1,1.1*.1%4# 2*,# =%(/132%,# -7# %'@**/# .%# 2%/+.%/@%,<# D-,(%/# **,+A/**@# .%# 8-%2%,# 7*@%,# -A# 41,*,516'%# +.%0,# 2*,# (%# -2%/8%1(# -4# *48*,@%'13@# .%# D13,# 2*,# =*,@%,# 2--/# '%,1,&%,># I--/# &%=/01@# .%# 7*@%,# 2*,# %%,# 5-7A'%7%,.*1/%# 70,.<# )-/(.# %%,# .%@-/.# **,# 5-,2%,.1-,%%'# &%'(# .13(%,+# %%,# 41,*,516'%# 5/1+1+# %,# (%# 1,+.*=1'1.%1.#2*,#&%)--,#&%'(#2%/7%(%,#%,#=%.**'(#7%,#=-2%,(1%,#&%%,#/%,.%#-2%/# 8%.# &%'(# **,# (%# =*,@># a-(%/,%# =*/.%/+# 8%==%,# D158# -,.)1@@%'(# .-.# %%,#
V"#
=*,@1%/+7%.8-(%# 2--/# =%(/132%,# -2%/# (%# 8%'%# )%/%'(<# (1%# %%,# 8-&%/%# 2%/@--A<# =%+A*/1, -A# 5-,2%,.1-,%%'# &%'(<# 8%.# *4D%..%,# 2*,# -2%/A/-(05.1%# %,# 8%.# &%=/01@# 7*@%,#2*,#-2%/5*A*51.%1.#7-&%'13@#8%%4.#&%7**@.>## # E,#8%.#&%2*'#2*,#(%#LEP<#1+#%%,#5-7A'%7%,.*1/%#70,.%%,8%1(#.%2%,+#&%m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d#%,#=13+58/1321,&%,# 2*,#*''%#**,&%+'-.%,#=%(/132%,>#E,#8%.#&%2*'#2*,#(%#LEP<#=%+.**,#LEP#5/%(1.+#+'%58.+# %'%@./-,1+58#-A#%%,#=*,@/%@%,1,&>#B1,(+#!]]"#1+#8%.#7-&%'13@#-7#(--/#71((%'#2*,# %%,# =%.**'A*+# =%.*'1,&%,# .%# 2%//158.%,<# 1,# A'**.+# 2*,# 8%.# 01.+58/132%,# 2*,# 58%h0%+# FI-0.8)*1.%# !]]]Z# O8# VG># E,# V;;\# @)*7# =-2%,(1%,# -,'1,%# =*,@1%/%,# =%+581@=**/># J7(*.#%/#&%%,#5-,.*,.%#=%.*'1,&%,#A'**.+21,(%,#7%.#LEP#5/%(1.<#1+#8%.#&%'(#2/13#2*,# (1%4+.*'#%,#2%/2*'+1,&>#I**/7%%#=%(/**&.#*'#8%.#&%'(#=13#%'@**/#-A&%.%'(#*'.13(#;># # '()*+,%&-?%+##./,00%.1&23##"/,00%.1&"%4%)/,00%.5& b*/.%/# 1+# 01.&%2-,(%,# -7# =%(/132%,# D-)%'# ,1%0)%# =%+.%(1,&+7-&%'13@8%(%,# *'+# *4D%.7-&%'13@8%(%,# .%# &%2%,># a%.# ,*7%# 1,# %5-,-71+58# D)**/# )%%/<# )*,,%%/# 5-,2%,.1-,%%'# &%'(# +58**/+# 1+<# =1%(.# %%,# =*/.%/# 01.@-7+.># b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q1.# A/*@.1+58%# -2%/)%&1,&%,# D13,# =*/.%/# 5/%(1.+# *'+# /%@%,71((%'# )%(%/-7# &%'13@&%+58*@%'(#7%.#(%#,*.1-,*'%#&%'(%%,8%1(>#$-#1+#ii,#LEP#5/%(1.#8%.#%h012*'%,.# 2*,#ii,#$)1.+%/+%#^/*,5#F`1%.*%/#!]]]Z#!cVG>#?%.#2--/(%%'#81%/2*,#1+#(*.#%%,#(0==%'# A/13++Q+.%%7# -2%/=-(1 1+# %,# (*.# &%5-7=1,%%/(%# =%.*'1,&%,# 2*,# ^/*,5+# %,# O/%(1.+# %%,2-0(1.%#/%*'1+%/%,#D13,>#T1%.#*''%#**,=1%(%/+#1,#%%,#b*/.%/#*55%A.%/%,#,*7%'13@# 2--/# !;;X# (%# =%.*'1,&%,# 1,# ./*(%# 5/%(1.+># C%5-7=1,%%/(%# =%.*'1,&%,# D13,# &%=/01@%'13@%/# )**/# &-%(%/%,# %,# (1%,+.%,# (%%'+# 5-,.*,.# %,# (%%'+# 7%.# 5/%(1.+# )-/(%,# =%.**'(# FB.0(%/# !]]\Z# O8# !G># E,# (%# LEP# )-/(%,# '%(%,# (1%# &%&*/*,(%%/(# VY#
71,+.%,+# :;X# 2*,# %%,# =%.*'1, 1,# ./*(%# 5/%(1.+# *55%A.%/%,<# *'+# 9-441516'%# '%(%,R# **,&%7%/@.>#`%(%,#(1%#(1.#,1%.#)1''%,#&*/*,(%/%,#)-/(%,#=%+58-0)(#*'+#9-,-441516'%# '%(%,R># # 6,+$,7+%3"8*%0("%& LEP#5/%(1.#@*,#-A#.)%%#7*,1%/%,#)-/(%,#2%/@/%&%,>#I%#%%/+.%#-A.1%#1+#%%,#'%,1,,# LEP#5/%(1.#**,#.%#2/*&%,#=13#8%.#8--4(@*,.--/#2*,#(%#LEP#b*,@#1,#b*D%'>#I%#.)%%(%# -A.1%# 1+# -7# &-%(%/%,# %,# (1%,+.%,# 1,# 8%.# ,%.)%/@# **,# .%# =1%(%,# %,# (**/=13# LEP# 5/%(1.+# .%# *55%A.%/%,# *'+# =%.**'71((%'># I%# =%.**'/%@%,1, )-/(.# 1,# 7%%/(%/1, &%=/*58.# 7%.# (%# 2%/@-58.%# %0/-)**/(%# 2*,# (%# &-%(%/%,# %,# (1%,+.%,<# .%/)13'# (%# @-A%/# (1.D%'4(%# =%(/* 1,# 71,(%/1, &%=/*58.# D1%.# )-/(%,# -A# D13,# %1&%,# =%.**'/%@%,1,&>#S%,#,%&*.1%4#+*'(-#1,#LEP#5/%(1.+#7-%.#)-/(%,#**,&%D012%/(#(--/# A/-(05.%,#%,#(1%,+.%,#.%#2%/@-A%,#**,#%%,#(%%',%7%/#1,#8%.#=*/.%/,%.)%/@>#N'+#%%,# -/&*,1+*.1%# (1.# ,1%.# @*,<# 8%%4.# 8%.# (%# 2%/A'158.1, (%# +580'(# *4# .%# =%.*'%,# 7%.# 5-,2%,.1-,%%'#&%'(#F`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h01(%# &%7**@.Z# -2%/A/-(05.1%# %,# /%+.5*A*51.%1.# )-/(.# -7&%D%.# 1,# &%'(># a%,# &%=/01@.#1,#4%1.%#(%D%#&-%(%/%,#*'+#=%.**'71((%'<#)**/=13#(%#5/%(1.+#(%D%#&-%(%/%,# /%A/%+%,.%/%,># J-@# =13# 8%.# *4+'01.%,# 2*,# %%,# '%,1, )-/(%,# 2--//*(%,# %,# =%D1..1,&%,# 2*,# (%# **,&%+'-.%,# -/&*,1+*.1%# &%=/01@.# *'+# -,(%/A*,(># I--/(*.# %'@%# '%,1, &%(%@.# 1+<# 1+# 8%.# *4=%.*'%,# 2*,# +580'(%,# 1,# %%,# =*/.%/# &%&*/*,(%%/(># # E,# (%# LEP#1+#%%,#-,(%/A*,(#%%,#2%/%1+.%#2--/#8%.#*4+'01.%,#2*,#%%,#'%,1,&>#N'+#%%,#'%,1, ,1%.#=1,,%,#%%,#=%A**'(#.13(+4/*7%#1+#*4=%.**'(#8%%4.#(%#=*/.%/-/&*,1+*.1%#8%.#/%58.# =%+'*.%#'%&&%,#-A#8%.#-,(%/A*,(>#b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f-4# (%# 2%/@-A%/># I%# LEP# 8%%4.# 2%/+581''%,(%# @-+.%,(%@@1,&+7%58*,1+7%,#&%m7A'%7%,.%%/(#-7#(%#-/&*,1+*.1%#.%#41,*,51%/%,#%,# )1,+.#.%#7*@%,>#I%#./*,+*5.1%@-+.%,#1,#(%#LEP#=%(/*&%,#;>YX#2--/#-441516'%#'%(%,# %,#!>VX#2--/#-,-441516'%#'%(%,#%,#7-%.#)-/(%,#=%.**'(#1,#LEP#5/%(1.+#FI-0.8)*1.%# Vg#
_# L*&7*,# !]]]Z# !"[# `1%.*%/# !]]]Z# !cVG># E,# **,20''1, (**/-A# )-/(%,# +%/215%@-+.%,# 1,# /%@%,1, &%=/*58.# 2*,# !>g"X# -A# 8QA-.8%@%,# FI-0.8)*1.%# _# L*&7*,#!]]]Z#!cG>#S%,#(%/(%#2-/7#2*,#1,@-7%,#1+#(%#/%,.%#(1%#=%(/132%,#=%.*'%,# -2%/#(%#'%,1,&%,#(1%#D13#1,#LEP#5/%(1.#8%==%,#*4&%+'-.%,>#?-%)%'#(%#-A/158.%/+#l*0'# S,D# %,# L%/,%/# $177%/7*,# &%m,+A1/%%/(# )*/%,# (--/# (%# %5-,--7# B1'21-# C%+%''<# 2-'&%,+#)1%#&%'(#/%,.%2/13#D-0#7-%.%,#D13,<#)%/(#D13,#94/%1&%'(.8%-/1%R#1,#!]"V#.-58# '-+&%'*.%,># B1,(+(1%,# 1+# 8%.# =%'%1(# 2*,# (%# LEP# -7# %%,# '*&%# /%,.%# -2%/# '%,1,&%,# 1,# /%@%,1, .%# =/%,&%,# FLEP# b*,@# V;!;G># JA,1%0)# )-/(.# 81%/=13# %%,# -,(%/+58%1(# &%7**@.# .0++%,# 2-')**/(1&%# %,# -,-441516'%# '%(%,[# (%# %%/+.%# =%.*'%,# %%,# /%,.%# 2*,# :>"X#.%/)13'#'**.+.&%,-%7(%,#%%,#/%,.%#=%.*'%,#2*,#V>"X#FI-0.8)*1.%#_#L*&7*,# !]]]Z#!"G>#H-'&%,+#`1%.*%/#FV;;\Z#:G#4'05.0%%/.#(%#/%,.%#2*,#!X#.-.#!>"X># # ;*9'%*%+7:71%#%+#6+7-7::+-&%-./1%(%+1-# # b*/.%/%,#-,.+.-,(#7%.#(%#-A/158.1,*,#(%#$)1.+%/+%#LEP#b*,@>#I%#LEP#)*+#8%.# %%/+.%#=*/.%/+Q+.%%7#)%/%'()13(#%,#2*,(**(%#(*,-+.%%(+#ii,#2*,#(%#&/--.+.%# =*/.%/,%.)%/@%,># L%/,%/# $177%/7*,# %,# l*0'# S,D# /158.%,# 1,# !]:c# +*7%,# 7%.# !c# *,(%/%,# (%# LEP# =*,@# -A># I%# LEP# 1+# *4&%'%1(# 2*,# %%,# 8*,(%'+,%.)%/@# (*.# D13# 1,# B5*,(1,*216#%,#(%#b*'.1+58%#+.*.%,#=%D-58.%,#FI%41'*#!]]cG>#I%#LEP#(/-%,#%%/+.%# 1,+.*,.1%# (%# ,**7# 9^/%1)1/.+58*4.+/1, C%,-++%,+58*4.R# .-.# 8%.# D13,# ,**7# 1,# !]]\# 2%/*,(%/(%#1,#9(%#LEP#b*,@R>#LEP#1+#%%,#*4@-/.1,*,#9L1/.+58*4.+/1,&R#F5-WA%/*.1%G# %,# =%.%@%,.# 1,# 8%.# I01.+# %2%,D-# 9L13R<# -7# 8%.# &%7%%,+58*AA%'13@%<# +*7%,)%/@1,&+*+A%5.#.%#=%,*(/0@@%,#FC/%5-#V;;!Z#Yg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b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g;#-,.+.-,(%,#)%/%'()13(#2%'%#,1%0)%#5-77%/516'%#%,#5-/A-/*.%# =*/.%/+Q+.%7%,# D-*'+# S44151-# Fl*/13+G<# b*/.%/u58*,&%# FB1,&*A-/%G# %,# b*/.%/O*/(# E,.%/,*.1-,*'># S0/-# b*/.%/# b0+1,%++# FI01.+'*,(G# %,# PSB# Fb%'&16G# D13,# .)%%# =%'*,&/13@%#=*/.%/+#(1%#7%%/#/%5%,.%'13@#-,.+.-,(%,>#J7(*.#=*/.%/%,#1,#%++%,.1%#8%.# =138-0(%,# 2*,# %%,# =-%@8-0(+Q+.%%7# 1+<# 8%%4.# (%# EOkd/%2-'0.1%# 8%.# -AD%..%,# %,# V\#
7*,*&%,#2*,#=*/.%/+#**,D1%,'13@#%%,2-0(1&%/#%,#+,%''%/#&%7**@.#F`1%.*%/#V;;\Z#cG># I%#=%+581@=**/8%1(#2*,#5-7A0.%/+#.%&%,#&%/1,&%#@-+.%,#2--/#8%.#=138-0(%,#2*,#(%# =%.*'1,&%,# 1,# %%,# =*/.%/,%.)%/@# 8%%4.# 8%.# **,.*'# =*/.%/+# +,%'# (-%,# &/-%1%,# FC/%5-# V;;!Z# \gG># T1%0)%# .%58,1%@%,# D-*'+# (%# A'*+.15#=%.**'@**/.# # %,# 8%.# 1,.%/,%.# 8%==%,# =-2%,(1%,# =%.*'1,&%,# 1,# =*/.%/+Q+.%7%,# ,- &%7*@@%'13@%/# &%7**@.># S/# 7-%.# %58.%/#)%'#-A&%7%/@.#)-/(%,#(*.#];X#2*,#*''%#-A@-7%,(%#=*/.%/+#*'#1,#80,#%%/+.%# 3**/#2*,#80,#=%+.**,#-A8-0(%,#.%#=%+.**,#FL*''*58#V;!;G>## # H*,(** (%# (* D13,# %/# )%/%'()13(# 51/5*# c;;>;;;# =%(/132%,# **,&%+'-.%,# =13# ii,# -4# 7%%/(%/%# =*/.%/,%.)%/@%,# FEPkN# V;!;G># b13,*# *''%# ^-/.0,%# ";;# =%(/132%,# 2*''%,# 81%/-,(%/# FL*''*58# V;!;G># E,# .-.**'# D13,# %/# =13,*# g";# 5-77%/516'%# %,# 5-/A-/*.%# =*/.%/,%.)%/@%,# -A%/*.1-,%%'# 1,# (%# )%/%'(># k17%# a*&*D1,%# +58*..%# (*.# (%# .-.*'%# -7D%.# 2*,# (%# =*/.%/1,(0+./1%# 1,# V;;\# D-R,# !;# 71'3*/(# (-''*/# =%(/-%&<# 7%.# %%,# 2%/)*58..%# &/-%1# 2*,# !"X# 2--/# V;;]# FN(*7+# V;;][# EPkN# V;!;G># b*/.%/O*/(# F7-7%,.%%'# +R# )%/%'(+# &/--.+.%# =*/.%/G# 1+# 2%/*,.)--/(%'13@# 2--/# %%,# 3**/'13@+%# -7D%.# 2*,# V# 71'3*/(# (-''*/># S1'%%,# ?%%# FV;!;G# 2*,# b*/.%/u58*,&%# +.%'.# (*.# (%# 7-,(1*'%#=*/.%/1,(0+./1%#7-7%,.%%'#D-R,#:#71'3*/(#(-''*/#=%(/**&.>## # J,&%2%%/# !:"# 2*,# (%# &/-.%/%# =*/.%/-/&*,1+*.1%+# 8%==%,# D158# &%-/&*,1+%%/(# 1,# (%# EPkN# FE,.%/,*.1-,*'# P%51A/-5*'# k/*(%# N++-51*.1-,G<# %%,# 7-,(1*'%# =/*,58%-/&*,1+*.1%# (1%# (%# =%./-0)=**/8%1(# 2*,# 8**/# '%(%,# &*/*,(%%/.># I%# EPkN# 8%%4.#D158#1,&%+A*,,%,#2--/#8%.#2%/=%.%/%,#2*,#8%.#17*&-#2*,#(%#=*/.%/1,(0+./1%>#E,# 8%.#2%/'%(%,#D13,#2%%'20'(1/*0(%/%,(%#=*/.%/+#*5.1%4#&%)%%+.#(1%#.-.#(-%'#8*((%,# =%'*+.1,&%,#.%#-,.(01@%,#-4#D%'4#-A#&/-.%#+58**'#A/-(05.%,#%,#(1%,+.%,#*4#.%#,%7%,# D-,(%/# (**/# 1%.+# 2--/# .%/0 .%# '%2%/%,# **,# 8%.# ,%.)%/@># I%# EPkN# 5-,./-'%%/.# (%# **,&%+'-.%,# =*/.%/,%.)%/@%,# %,# 8%%4.# (%# /%'*.1%# 7%.# (%# N7%/1@**,+%# =%'*+.1,&(1%,+.# FEPB# v# E,.%/,*'# P%2%,0# B%/215%G# +.%/@# 2%/=%.%/(># I*,@D13# (%# EPkN# 8%%4.# (%# EPB# 2--/# =%(/132%,# *4D-,(%/'13@%# =%'*+.1,&**,&14.%4-/70'1%/%,# &%m,./-(05%%/(# 2--/# 8%.# -A&%2%,# 2*,# 1,@-7+.%,# 01.# 8%.# =*/.%/,%.)%/@># I%# EPkN# (/**&.# 01.# (*.# *''%# =*/.%/+# -,(%/(%%'# D13,# 2*,# (%# 4-/7%'%# %5-,-71%# %,# (**/7%%# =%'*+.1,&A'158.1D13,>#?%.#=/-%/.3%#2*,#(%#EPkN#1+#TNkS#F.8%#T*.1-,*'#N++-51*.1-,#-4# k/*(%# Se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qO#F0,12%/+*'#50//%,5QG#*'+#-,(%/(%%'#2*,#(%#EPkN#%,# (%#bNTO#*'+#-,(%/(%%'#2*,#(%#TNkS#D13,#=%@%,(%#8*,(%'+,%.)%/@%,>## # ?-%)%'#1,#(%#'**.+.%#(%5%,,1*#2%'%#,1%0)%#=*/.%/,%.)%/@%,#D13,#-A&%/158.<#='134.#(%# LEP# -A# *4+.*,(# (%# &/--.+.%# 5-77%/516'%# =*/.%/# )%/%'()13(># E,# !]]:# .%'(%# (%# -/&*,1+*.1%# gg>;;;# (%%',%7%,(%# =%(/132%,# F!gX# 2*,# 8%.# .-.*'%# $)1.+%/+%# =%(/134+'%2%,G#7%.#%%,#&%D*7%,'13@#-7D%.#2*,#V>"#71'3*/(#^/*,5#F!>"#a1'3*/(#S0/-G# V]#
FC/%5-#V;;!Z#Yg[#`1%.*%/#!]]]Z#!cVG>#E,#V;;;#)%/(#8%.#**,.*'#**,&%+'-.%,#=%(/132%,# &%+58*.# -A# \">;;;# %,# V;X# 2*,# *''%# $)1.+%/+%# =%(/132%,# FH*'%,.1,1# V;;;Z# cG># L*,,%%/# )%# %58.%/# 8%.# $)1.+%/+%# bbl# 2*,# VcV>"# 71'3*/(# (-''*/# FwV""# 71'3*/(# ^/*,5G# 1,# !]]:# 1,# -&%,+58-0)# ,%7%,<# /%A/%+%,.%%/.# %%,# -7D%.# 2*,# V>"# 71'3*/(# ^/*,5#,-&%%,#!X#2*,#8%.#bbl#FT*.1-,7*+.%/#V;!;G>#E,#(1.#-AD158.#1+#(%#LEP#2%%'# 71,(%/# 2*,# =%.%@%,1+# 2--/# (%# $)1.+%/+%# S5-,-71%# (*,# (--/&**,+# **,&%,-7%,# )-/(.># # J,(*,@+# %%,# 2%/='044%,(%# &/-%1# 1,# 8%.# **,.*'# =*/.%/+<# '-A%,# =*/.%/,%.)%/@%,# --@# +.%%(+# 2*@%/# .%&%,# 80,# .%@-/.@-71,&%,# **,># I%# &/--.+.%# D)*@.%# 2*,# =*/.%/+Q+.%7%,#D-*'+#(%#LEP#1+#8%.#-,.=/%@%,#2*,#(%#7-&%'13@8%1(#-7#./*(%#5/%(1.+# .%# 5-,2%/.%/%,# ,**/# 5-,2%,.1-,%%'# &%'(># b-2%,(1%,# /**@.# (%# 7*/@.# 2--/# =*/.%/,%.)%/@%,#D-#'*,&D**7#**,#2%/D*(1&(>#?%.#1+#(**/-7#,1%.#**,,%7%'13@#(*.#8%.# **,.*'#=*/.%/+#,-+.%/@#D*'#&/-%1%,#1,#(%#801(1&%#2-/7>## # =(**%22%)&%)&>"8?.%/%)& s*7%+#B.-((%/#8%%4.#1,.%,+1%4#-,(%/D-%@#&%(**,#,**/#(%#%44%5.%,#2*,#(%#LEP#-A#(%# '-@*'%# F$)1.+%/+%G# %5-,-71%># q1.# D13,# -,(%/D-%@# ='%%@# (*.# (%# LEP# D158## 5-0,.%/5Q5'1+58# &%(/**&.# .%,# -AD158.%# 2*,# (%# 5-,2%,.1-,%'%# 7-,%.*1/%# %5-,-71%<# )**/7%%# 8%.# %%,# D012%/# 95-7A'%7%,.*1/R# &%'(+Q+.%%7# 1+># C%(0/%,(%# %5-,-71+58%# %,#41,*,516'%#5/1+%+#F)*,,%%/#5-,2%,.1-,%%'#&%'(#+58**/+#1+G<#&/-%1.#(%#-72*,*,# (%# 8*,(%'# 1,# (%# LEP# **,D1%,'13@<# %,# ,%%7.# A*+# *4# )*,,%%/# (%# 5-,2%,.1-,%'%# %5-,-71%# D158# 8%/+.%'(# %,# %/# 7%%/# 5-,2%,.1-,%%'# &%'(# =13# =%(/132%,# =%+581@=**/# @-7.># ?%.# &%=/01@# 2*,# LEP# 5/%(1.# 2%/D*58.# (0+# (%# %44%5.%,# 2*,# &%'(+58**/+.%# %,# 41,*,516'%# 2%/+.-/1,&%,# 2--/# (%# =%(/132%,# **,&%+'-.%,# =13# 8%.# =*/.%/,%.)%/@># I%# LEP# 7**@.# =%(/132%,# 41,*,51%%'# D%@%/(%/# %,# +.%'.# 1,2%+.%/1,&%,# %,# %5-,-71+58%# *5.121.%1.#2%1'1&>#I1.#-7(*.#%/#,--1.#%%,#.%@-/.#**,#LEP#5/%(1.#1+<#1,#.%&%,+.%''1,.-.# 9&%)--,R# &%'([# 7%.# %'@%# ./*,+*5.1%# )-/(.# *0.-7*.1+58# 8%.# =%,-(1&(%# LEP# &%'(# &%5/%6%/(# FI-0.8)*1.%# !]]]Z# O8># VG># B.-((%/R+# F!]]\[# V;;"[# # V;;gG# -,(%/D-%@%,# .-,%,#**,#(*.#(%#LEP#8%%4.#=13&%(/*&%,#**,#%%,#+.*=1%'%/%#$)1.+%/+%#%5-,-71%>#I1.# =%.%@%,.# (*.# (%# LEP# 4%1.%'13@# (%# O%,./*'%# b*,@# -,(%/+.%0,(# 1,# 8**/# A-&1,&%,# (%# %5-,-71%#.%#+.*=1'1+%/%,#F`1%.*%/#V;;\G>## # # # #
:;#
>"#?5.:'#@A./:+&%#B0:(1+CD-7%*-#E?@BCF# # # )'&%*%+%#,%-./01231+ # `SkB#F`-5*'#Se58*,&%#k/*(1,BQ+.%7#-4#`-5*'#S7A'-Q7%,.#*,(#k/*(1,BQ+.%7G#1+# 8%.# =138-0(%,# 2*,# %%,# =-%@8-0(1, 2--/# =%.*'1,&%,# (1%# A'**.+21,(%,# .0++%,# &%)-,%# =0/&%/+# %,# 1,# 8%.# =13D-,(%/# 7%,+%,# 01.&%+'-.%,# 2*,# (%# 7*/@.%5-,-71%># I-0.8)*1.%# %,# L*&7*,# &%2%,# %%,# 8%'(%/%# =%+58/1321, 2*,# )*.# %%,# `SkB# 1+># nFxG# )*.#*''%#`SkB#&%7%%,+58*AA%'13@#8%==%,#1+#(*.#(%#'%(%,#7%.#%'@**/#8*,(%'%,#(--/# &%=/01@#.%#7*@%,#2*,#%%,#D%'4&%5/%6%/(%#&%'(%%,8%1(#)**/=13#(%#=%8%%/(%/#2*,#8%.# +Q+.%%7# *''%# ./*,+*5.1%+# -A# %%,# 5-7A0.%/# /%&1+./%%/.<# D-(*.# *''%# '%(%,# 2*,# %'@**/# @0,,%,#,*#&**,#-4#D13#7%%/#,%7%,#2*,#8%.#+Q+.%%7<#(*,#(*.#D13#-,.2*,&%,o#F!]]]Z# !gG># `SkB# 8%%4.# 2*,D%'4+A/%@%,(# &/-.%# -2%/%%,@-7+.%,# 7%.# (%# =*/.%/,%.)%/@%,># ?%.#2%/+581'#D1.#8%7#1,#%++%,.1%#(*.#=*/.%/#%%,#5-77%/516'%#-/&*,1+*.1%#1+#=%(-%'(# 2--/# =%(/132%,# -7# 7%.# %'@**/# D*@%,# .%# (-%,<# .%/)13'# `SkB# %%,# 2%/%,1&1, 2*,# =0/&%/+# 1+# (1%# (--/&**,+# (--/# (%# (%%',%7%/+# 2/13)1''1 1,# +.*,(# )-/(.# &%8-0(%,# D-,(%/#(**/=13#.%#+./%2%,#,**/#)1,+.>## # 45%'# # S%,# `SkB# 1+# -,.)-/A%,# -7# (%# '-@*'%# %5-,-71%# .%# 2%/+.%/@%,# %,# .%&%'13@%/.13(# (%# '%(%,# 1,# %%,# &%7%%,+58*A# F7%%+.*'# =%)-,%/+# 2*,# %%,# (-/A<# )13@# -4# +.*(G# ,1%0)%# @*,+%,# .%# =1%(%,# FB%Q4*, V;;VZ# :G># `SkB# 2%/+.%/@%,# (%# %5-,-71%# (--/# .)%%# &%=/%@%,# 2*,# (%# 7*1,+./%*7# 7-,%.*1/%# %5-,-71%# .%# *(/%++%/%,Z# 8%.# =1%(.# %%,# -2%/2'-%(1/01'71((%'<#%,#8%.#5/%6%/.#%%,#&%'(%%,8%1(#(1%#,1%.#@*,#)%&2'-%1%,#01.# (%# '-@*'%# &%7%%,+58*A# FB%Q4*, V;;cZ# gG># I--/# 8%.# 01.)1++%'%,# 2*,# &-%(%/%,# %,# (1%,+.%,# 7%.# %%,# '-@*'%# &%'(%%,8%1(# =%+A*/%,# '%(%,# .8%-/%.1+58# -A# 80,# 01.&*2%,# 2*,# &%)--,# &%'(# )*.# (%# @--A@/*58.# 2%/&/--.># `SkBd&%'(# 1+# %/# .%&%'13@%/.13(# 1,# -2%/2'-%(<# -7(*.# 7%.# %'@%# ./*,+*5.1%# %%,2-0(1&)% 8%.# =%,-(1&(%# &%'(# )-/(.# &%5/%6%/(>#a%.#,*7%#1,#(%#*4)%D1&8%1(#2*,#5-,2%,.1-,%%'#&%'(#1,#%%,#/%&1-<#(-/A#-4# +.*(# )-/(.# **,&%,-7%,# (*.# `SkB# 1,1.1*.1%2%,# (%# %5-,-71%# %%,# ,1%0)%# 17A0'+# @0,,%,#&%2%,># # I--/# 8%.# 2%/&/-.%,# 2*,# A%/+--,'13@%# %5-,-71+58%# /%'*.1%+<# ,%%7.# =-2%,(1%,# (%# 5-8%+1%# .0++%,# `SkB# '%(%,# .-%<# %,# -,.+.**.# %/# %%,# &%2-%'# 2*,# +**78-/1&8%1(># b-2%,(1%,#./%@.#%%,#`SkB#2--/,*7%'13@#7%,+%,#**,#(1%#1,#(%#7*1,+./%*7#%5-,-71%# )-/(%,#01.&%+'-.%,#FD-*'+#)%/@'-D%,<#&%8*,(15*A.%,#%,#*/=%1(+-,&%+581@.%,G>#`SkB# 5/%(1.+# &%2%,# 7%,+%,# **,# (%# /*,(# 2*,# (%# +*7%,'%21, (%# 7-&%'13@8%1(# -7# &-%(%/%,#%,#(1%,+.%,#**,#.%#=1%(%,#%,#.%#-,.2*,&%,#(1%#1,#(%#&%)-,%#&%'(%5-,-71%# &%%,# )**/(%# 8%==%,># I--/# %5-,-71+58# *5.1%4# .%# )-/(%,# 1+# 8%.# =13&%2-' (*.# D13# **,+'01.1,,(%,#=13#(%#&%7%%,+58*A#%,#(%#@*,+#-A#=%.**'(#)%/@#2%/&/-.%,>#`SkB# 8%%4.#--@#.-.#(-%'#7%,+%,#.-%&*,.-.#A/-(05.%,#%,#(1%,+.%,#.%#2%/+58*44%,#(1%#D13# *,(%/+#,1%.#&%8*(#D-0(%,#8%==%,>#
:!#
# # 6+78%09.017%01:# # !"#$%"& E,# %%,# `SkB# 1+# %%,# =-%@8-0(%/# 2%/*,.)--/(%'13@# 2--/# 8%.# =138-0(%,# 2*,# *''%# ./*,+*5.1%+#(1%#A'**.+21,(%,#.0++%,#(%#'%(%,#(1%#(%%',%7%,>#J-@#1,#%%,#`SkB#@-7%,# %/# (0+# &%%,# 70,.%,# %,# =1'3%..%,# **,# .%# A*+># E,# %%,# )%(%/D13(+# @/%(1%.+Q+.%%7# )-/(%,#+'%58.+#*''%#*4d#%,#=13+58/1321,&%,#1,#%%,#5%,./*'%#*(71,1+./*.1%#=13&%8-0(%,># N''%# (%%',%7%/+# +.*/.%,# 7%.# %%,# =*'*,+# 2*,# ;# 5/%(1.+># S%,# -,'1,%# A'*.4-/7# -4# 7*/@.A'**.+#=%2*.#*''%#*(2%/.%,.1%+#7%.#8%.#**,=-(#%,#(%#2/**,**/#A/-(05.%,#%,# (1%,+.%,# =1,,%,# 8%.# `SkB# ,%.)%/@># E,# 8%.# 2%/2-' =%&1,,%,# .)%%# '%(%,# %%,# ./*,+*5.1%>#b%1(%#A*/.13%,#-,(%/8*,(%'%,#-2%/#(%#A/13+<#D-*'+#D13#,-/7**'#&%+A/-@%,# --@# D-0(%,# (-%,# =13# %%,# ./*,+*5.1%# 7%.# &%)--,# &%'(# FC/%5-# V;;!Z# ];G># H--/8%%,# )%/(# (%# =%.*'1, &%/%*'1+%%/(# (--/# &%=/01@# .%# 7*@%,# 2*,# 58%h0%+<# (1%# ,**/# (%# =-%@8-0(%/# )-/(%,# &%+.00/(># S%,# *'.%/,*.1%4# 1+# -7# %%,# =%.*'1, 21*# .%'%4--,# -4# %d 7*1'# .%# 7%'(%,# **,# (%# =-%@8-0(%/># k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`SkBd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k05+-,# k-@%,+<#(%#,**7#2--/#`SkBd&%'(#1,#k-/-,.-<#1+#%%,#2--/=%%'(#81%/2*,#FC/%5-#V;;!Z# !;c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cZ# \G># T*(%%'# 1+# 01.%/**/(# (*.#8%.#&%'(#2*,01.#(%#-/&*,1+*.1%#,1%.#'*,&%/#&%./*5%%/(#@*,#)-/(%,<#%,#(*.#%/#@*,+# =%+.**.#-A#2*'+%70,.%/13># # '()*+,%&-A(,./,00%.1&23##"/,00%.1&"%4%)/,00%.5& $-*'+#(%#,**7#*'#(-%.#2%/7-%(%,<#2%/20'.#`SkBd&%'(#1,#(%#%%/+.%#A'**.+#(%#40,5.1%# 2*,# =%.**'71((%'># `%(%,# -,.2*,&%,# &%%,# /%,.%# -A# %%,# A-+1.1%4# +*'(-<# ,-58# =%.*'%,# D13#/%,.%#-2%/#%%,#,%&*.1%4#+*'(->#$-(-%,(%#8%==%,#'%(%,#%/#&%%,#=%'*,=13#80,#&%'(# -A#.%#A-..%,<#%,#2%/)-/(.#8*,(%'#%,#01./01'#8%.#A/17*1/%#(-%'#2*,#%%,#`SkB>#H--/#8%.# &%7*@#1+#(%#)**/(%#2*,#ii,#`SkBd5/%(1.#&%'13@#**,#ii,#%%,8%1(#5-,2%,.1-,%%'#&%'(# :V#
FB%Q4*, V;;VZ# :G># I%# A/13+# 2*,# A/-(05.%,# %,# (1%,+.%,# 1,# %%,# `SkB<# 1+# 2**@# %%,# *4+A1%&%'1,*,#(%#A/13+#1,#S0/-R+#-4#I-''*/+># # 6,+$,7+%3"8*%0("%& $-*'+#%%/(%/#=%+A/-@%,#1+#`SkBd&%'(#&%5/%6%/(#7%.#%'@%#./*,+*5.1%#(1%#A'**.+#21,(#1,# 8%.# +Q+.%%7# )**/=13# *''%# (%%',%7%/+# =%&1,,%,# 7%.# %%,# +*'(-# 2*,# ;# 5/%(1.+># `SkBd 5/%(1.+#D13,#,1%.#1,)1++%'=**/#2--/#5-,2%,.1-,%%'#&%'(<#,-58#1+#8%.#&%(%@.#(--/#%%,# &-%(#-4#(1%,+.<#-4#1+#%/#+A/*@%#2*,#%%,#-,(%/A*,(#2--/#8%.#&%'(>##?%.#8%==%,#2*,#%%,# A-+1.1%4#+*'(-#=%.%@%,.#,1%.+#7%%/#(*,#(*.#(%D%#(%%',%7%/+#A/-(05.%,#-4#(1%,+.%,# .%&-%(# 8%==%,# 2*,# )1''%@%0/1&%# (%%',%7%/+# 01.# 8%.# ,%.)%/@># S%,# ,%&*.1%4# +*'(-# =%.%@%,.#(*.#(%D%#(%%',%7%/+#,-**,#*,(%/%#)1''%@%0/1&%#(%%',%7%/+#8%.#'%2%/%,# 2*,# A/-(05.%,# -4# (1%,+.%,# 2%/+580'(1&(# D13,># a%.# %%,# ,%&*.1%4# +*'(-# 8%=# 3%# *'+# (%%',%7%/# *'+# 8%.# )*/%# =%'--4(# -4# %%,# 2%/A'158.1, 1,# (%# .-%@-7+.# 1%.+# .%/0 .%# '%2%/%,#**,#(%%',%7%/+#1,#8%.#`SkB#,%.)%/@># # ',)#)*,%",)$&%)&982+%)0%44,)$& J7# (%# -A%/*.1-,%'%# @-+.%,# 2*,# %%,# `SkB# .%# (%@@%,# =/%,&%,# (%# 7%%+.%# `SkB# '1(7**.+58*A+@-+.%,#1,#/%@%,1,=13#(%#&%=/01@%/+<#1,#&%)--,#&%'(#7**/#1,#%,@%'%# &%2*''%,#--@#F(%%'+G#1,#`SkBd5/%(1.+#FC/%5-#V;;!Z#]!G>#I%D%#2%/&-%(1,(1%,.#%/.-%# -7# (%# **,+58*4# %,# &%=/01@# 2*,# 5-7A0.%/+<# (%# =-%@8-0(%/<# 8%.# )%/2%,# 2*,# '%(%,<# *(2%/.%,.1%7-&%'13@8%(%,#2--/#A/-(05.%,#%,#(1%,+.%,#%,#(%#)%=+1.%#.%#=%@-+.1&%,>## # ;*9'%*%+7:71%#%+#6+7-7::+-&%-./1%(%+1-# # I%# .%/7# 9`-5*'# Se58*,&%# k/*(1, BQ+.%7R# -,.+.-,(# 7%.# %%,# 1,1.1*.1%4# 2*,# a158*%'# `1,.-,# -7# %%,# )%(%/D13(+# @/%(1%.+Q+.%%7# -A# .%# D%..%,# 2--/# 1,)-,%/+# 2*,# O-0/.%,*Q<# b/1.1+8# O-'07=1*># I1.# &%'(A/-&/*77*# (/-% (%# ,**7# O-7-e# H*''%Q# `SkB># ?%.# A'**.+3%# O-0/.%,*Q# )%/(# &%5-,4/-,.%%/(# 7%.# %%,# 8-- )%/@'--+8%1(+,12%*0# %,# %5-,-71+58%# .%/0&2*'# ,*(*.# (%# '-@*'%# 8-0.D*&%/13# 8**/# (%0/%,# +'--.# F`1%.*%/# _# ?*''+71.8# V;;YZ# :;G># a%.# (%# 1,./-(05.1%# 2*,# (%# 9C/%%,# I-''*/R# *'+# ,1%0)# =%.**'71((%'<# )%/(%,# =%)-,%/+# 1,# +.**.# &%+.%'(# .%# ='132%,# @-A%,# %,# 2%/@-A%,<# -,(*,@+# (*.# %/# &%%,# (-''*/+# 7%%/# )%/(%,# 2%/(1%,(># ?-%)%'# 8%.# 1,1.1*.1%4#=%8--/'13@%#7%(1*d**,(*58.#@/%%&<#4**'(%#8%.#A/-3%5.#01.%1,(%'13@#*'+#&%2-' 2*,#`1,.-,R+#8-&%#+580'(%,#1,#(%#O-7-e#H*''%Q#`SkB#FI-0.8)*1.%#_L*&7*,#!]]]Z# !\G>## # J,&%'171.%%/(%#+580'(#1+#%%,#2*,#(%#&/-.%#-,.)%/A4-0.%,#1,#(%#17A'%7%,.*.1%#2*,# `SkB>#$-*'+#&%D%&(#8%==%,#'%(%,#7%.#%%,#,%&*.1%2%#=*'*,+#(%#2%/A'158.1,&-%(%/%,# %,# (1%,+.%,# .%# '%2%/%,# **,# 8%.# ,%.)%/@# -7# 80,# *55-0,.# .%/0 .%# =/%,&%,# .-.# %%,# +*'(-# 2*,# ;# FI-0.8)*1.%# _# L*&7*,# !]]]Z# !gG># J7# 8-&%# +580'(%,# .%# 2--/@-7%,# F(*.# 1+<# +./05.0/%%'# 7%%/# .%# ,%7%,# (*,# .%/0 .%# &%2%,G<# 8%==%,# +-771&%# `SkB# +Q+.%7%,# %%,# +580'('171%.# 1,&%+.%'(># ?%.# 1+# %58.%/# +58-@@%,(# (*.# %%,# (%/&%'13@%# '171%.# 2**@# -,.=/%%@.# %,# (*.# %/# %2%,D-# &%%,# 1,+./07%,.%,# D13,# (1%# '%(%,# %/.-%# ()1,&%,<# -4# %/.-%# 2%/'%1(%,# 80,# ,%&*.1%2%# +*'(-# **,# .%# D012%/%,># I**/(--/# @-7%,# 8-&%# +580'(%,# 1,# `SkB<# (1%# ,--1.# *4=%.**'(# )-/(%,<# /%&%'7*.1 2--/<# )**/7%%# 8%.# 2%/./-0)%,#2*,#(%%',%7%/+#1,#8%.#`SkB#,%.)%/@#%/,+.1=%+58*(1&(%#FI-0.8)*1.%# ::#
_# L*&7*,# !]]]Z# !\G># `SkB# D13,# (--/&**,+# ./*,+A*/*,.<# )*.# =%.%@%,.# (*.# 2--/# (%# '%(%,# %'@**/+# =*'*,+# &%%,# &%8%17# 1+># `%(%,# @0,,%,# 5-,./-'%/%,# 1,# 8-%2%//%# %%,# (%%',%7%/# 1,# (%# A'0+# -4# (%# 71,# +.**.># H--/(*.# 1,.%/,%.# &%=/01@%'13@# )*+<# )%/(# (%# =%.**'=*'*,+# 2*,# %'@%# (%%',%7%/# A%/1-(1%@# &%A0='15%%/(# (--/# (%# =-%@8-0(%/>## J7(*.#`SkB#=%+.**,#1,#@'%1,%#&%7%%,+58*AA%,#2*,#7%,+%,<#D-/&.#+-51*'%#5-,./-'%# %/# (--/&**,+# 2--/# (*.# '%(%,# ,1%.# -2%/7*.1 1,# (%# +580'(%,# @-7%,># b-2%,(1%,# D13,# (%%',%7%/+#2%/A'158.#80,#%2%,.0%'%#,%&*.1%2%#+*'(-#*4#.%#@-A%,#7%.#5-,2%,.1-,%%'# &%'(# 1,# 8%.# &%2*'# (%# `SkB# -A8-0(# .%# =%+.**,# -4# (%# (%%',%7%/# D13,# -4# 8**/# *55-0,.# =%61,(1&(!Y>#I%+*',1%..%71,#@*,#%%,#`SkBd-/&*,1+*.1%#&%(0/%,(%#8**/#=%+.**,#,1%.# =13# '%(%,# *4()1,&%,# (*.# D13# 8%.# '1(7**.+58*A# -AD%&&%,# -4# 80,# +580'(%,# *4=-0)%,># ?%.# A0='15%/%,# 2*,# =%.**'=*'*,+%,# '13@.# -,2-'(-%,(%# %44%5.# .%# 8%==%,<# %,# 1+# =-2%,(1%,# 5-,./-2%/+1%%'# **,&%D1%,# ,1%.# *''%# '%(%,# =%/%1(# D13,# 80,# 41,*,516'%# +1.0*.1%#A0='1%@%'13@#=%@%,(#.%#7*@%,>#I**/7%%#1+#(%#1(%%#(*.#`SkB#&%'(#%/#*'.13(#1,# -2%/2'-%(# 1+<# %%,# (%,@4-0.># ?%.# D-0# =%.%@%,%,# (*.# '%(%,# -,=%A%/@.# &%'(# @0,,%,# 01.&%2%,# %,# -,=%A%/@.# ,%&*.1%4# +*'(-# @0,,%,# -A=-0)%,># s01+.# 81%/(--/# 2%/'1%D%,# &%=/01@%/+# 2%/./-0)%,# 1,# 8%.# +Q+.%%7># C%'(# 7-%.# +58**/+# D13,# )1'# 8%.# 2*,# )**/(%# D13,<# %,# &%*55%A.%%/(# )-/(%,# *'+# =%.**'71((%'># S%,# -,(%/A*,(# -4# %%,# ()1,&%,(# *4=%.**'+58%7*#D-0#(%#A/-='%7%,#2*,#+580'(%,#1,#`SkB#@0,,%,#-A'-++%,># # ;*9:.7#%+#,%7%<%+1-# # ;/<#)$&%)&@"8%,& E,# V;;!# )*/%,# %/# 51/5*# !\;;dV;;;# `SkB# 1,# (%# )%/%'(# FC/%5-# V;;!Z# ]cG># ?%.# 1+# -A7%/@%'13@# (*.# `SkB# ,--1.# 2-%.# **,# (%# &/-,(# 8%%4.# &%@/%&%,# 1,# (%# HB># I%# 7%%/(%/8%1(# 2*,# (%# `SkB# =%21,(%,# D158# 1,# O*,*(*<# C/--.# b/1..*,,16<# N0+./*'16<# T1%0)# $%%'*,(# %,# S0/-A*># O*'&*/Q# I-''*/+# FO*,*(*G<# N05@'*,(# `SkB# FT1%0)# $%%'*,(G<# b'0%# a-0,.*1,# `SkB# FBQ(,%Q<# N0+./*'16!gG<# `SkB`1,@!\# FCbG<# `%# C/*1,# (%# BS`!]# F^/*,@/13@G<# k*0+58/1,&%,V;# FI01.+'*,(G# %,# T-AA%+# FN7+.%/(*7G# D13,# )**/+5813,'13@# (%# 7%%+.# =%@%,(%# `SkB># E,# /%5%,.%# 3*/%,# 1+# 8%.# **,.*'# `SkB# %,# 8%.# **,.*'#(%%',%7%/+#(**/1,#%58.%/#(/*+.1+58#*4&%,-7%,<#%,#2*,(**(%#(*D13,#2%'%# `SkB# ,1%.# 7%%/# -A%/*.1-,%%'# -4# 2*,# %,1&%# =%.%@%,1+># b'0%# a-0,.*1,# `SkB# =132--/=%%'(<#%%,+#(%#&/--.+.%#`SkB#)%/%'()13(<#)%/(#1,#V;;!#-A&%8%2%,>#E,#V;;V# 7**@.%# 8%.# %%,# (--/+.*/.# -,(%/# (%# ,**7# b'0%# a-0,.*1,# O-770,1.Q# Se58*,&%# BQ+.%7<#7**/#%2%,**/(%#,--1.#7%%/#8%.#2--/7*'1&%#+055%+>## # =(**%22%)&%)&>"8?.%/%)& S%,2-0(<# 7%(1*d**,(*58.<# %,# %%,# 98*,(+# -,# *AA/-*58R# D13,# 4*5.-/%,# (1%# 1,1.1%%'# =13(/-%&%,#**,#(%#+,%''%#&/-%1#2*,#8%.#**,.*'#`SkB#-A#7-,(1**'#,12%*0>#H%'%#801(1&%# ######################################################## !Y#b%(%,@#(**/=13#(*.#(%#+580'(#1,#`SkBd5/%(1.+#,1%.#+17A%')%)-/(.#)%&&%+./%%A.<#7**/#)-/(.#
-2%/&%8%2%'(#,**/#(%#=%.**'/%@%,1,*,#(%#`SkBd-/&*,1+*.1%#-7#(%#+-7#2*,#*'#8%.#&%'(#1,#-7'--A# -A#;#.%#8-0(%,># !g#E,#N0+./*'16#1+#O-770,1.Q#Se58*,&%#BQ+.%7+#FOSBG#%%,#7%%/#&*,&=*/%#.%/7#(*,#`SkB# !\#`SkB`1,@#1+#%%,#+%/215%#-/&*,1+*.1%#2--/#`SkB#,%.)%/@%,#1,#C/--.#b/1..*,,16# !]#9BS`R#1+#%%,#*4@-/.1,*,#9BQ+.%7%#(RS58*,&%#`-5*'R<#%,#%%,#&%=/01@%'13@%#.%/7#1,#^/*,@/13@# V;#k*0+58/1,&%,#D13,#8%.#I01.+%#%h012*'%,.#2*,#`SkB#@/1,&%,#
:c#
5-7A'%7%,.*1/%#&%'(+Q+.%7%,#8%==%,#2%%'#=%'*,&/13@%#1,D158.%,#2%/)-/2%,#7%.#(%# %eA%/17%,.%,# 2*,# `SkB># J,(*,@+# 8%.# 4%1.# (*.# `SkB# 1,# &/-.%# &%.*'%# -,.+.-,(%,<# )-/(.# *'&%7%%,# -,(%/+58/%2%,# (*.# D13# 7**/# )%1,1 %44%5.1%4# 8%==%,# &%8*(<# 2*,# 7*/&1,*'%# =%.%@%,1+# D13,# %,# &%5-,4/-,.%%/(# )-/(%,# 7%.# %%,# /%%@+# **,# A/-='%7%,# %,#-=+.*@%'+#-7#(**()%/@%'13@#80,#(-%'#.%#=%/%1@%,#FB%Q4*,V;;V[#V;;cG># # H-'&%,+#B%Q4*,FV;;VZ#:G#1+#%%,#2*,#(%#&/--.+.%#-=+.*@%'+#2--/#`SkB#(%#=%A%/@.%# +58**'[# nE,# !]]]<# )%%+# %%,# ,*.1-,*'%# %,h0y.%# -,(%/# :;:# A/-3%5.%,# 1,# C/--.# b/1..*,,16#01.#(*.#%%,#`SkB#&%71((%'(#7**/#gV#'%(%,#8*(#%,#%%,#-7D%.#@%,(%#2*,# cYYc# l-,(# FY"# l-,(# A%/# (%%',%7%/Go># I1.# =%.%@%,.# (*.# `SkB# ,1%.# 1,# +.**.# D13,# *''%# A/-(05.%,# %,# (1%,+.%,# **,# .%# =1%(%,# (1%# A-.%,.16'%# '%(%,# ,-(1 D-0(%,# 8%==%,<# ,-58# =1%(.# 8%.# %%,# =%'*,&/13@%# *4D%.7*/@.# 2--/# (1%# '%(%,# -7# 80,# )%/@# **,# .%# =1%(%,>#I--/#8%.#&%=/%@#**,#'%(%,#1+#=-2%,(1%,#(%#*4+.*,(%,#.0++%,#'%(%,#2**@#.%# &/--.#-7#(**()%/@%'13@#.-.#8%.#01.)1++%'%,#2*,#&-%(%/%,#%,#(1%,+.%,#.%#@-7%,>#I%# 71+'0@@1,-7#=%(/132%,#.%#=%./%@@%,#=13#`SkB<#=%A%/@.#,-%%/#(%#=/01@=**/8%1(# 2*,# %%,# `SkB# +Q+.%%7# 2--/# F,1%0)%G# (%%',%7%/+# FC/%5-# V;;!Z# !;;[# !;]G># ?%.# &%2-' 1+# (*.# (%# -72*, 2*,# (%# 8*,(%'# 1,# `SkB# (--/&**,+# %/ '** 1+# FN'(/1(&%# _# l*..%/+-,# V;;VG># k%&%'13@%/.13(<# 2-%'%,# 2%'%# 1,(121(0%,# (*.# D13# ,1%.+# 2*,# )**/(%# .%# =1%(%,# 8%==%,# **,# *,(%/%# '%(%,# 1,# 8%.# ,%.)%/@># k%/)13'# &%)--,# &%'(# (--/&**,+# 7-%1'13@# .%# 2%/(1%,%,# 1+<# &%'(# 8%.# .%&%,&%+.%'(%# 2--/# `SkBd5/%(1.+[# D13# D13,# &%7*@@%'13@#.%#2%/(1%,%,<#7**/#2%/2-'&%,+#1+#8%.#D%%/#7-%1'13@#(%D%#.%#=%+.%(%,>## # B%Q4*,FV;;VZ:G#1,#8**/#+.0(1%#,**/#`SkB#1,#C/--.#b/1..*,,16<#=%*/&07%,.%%/(#(*.# 8%.# 2/13)1''1&%# %,# -,A/-4%++1-,%'%# @*/*@.%/# 2*,# `SkBd-/&*,1+*.1%+# 81%/2--/# %%,# =%'*,&/13@%# 2%/@'*/1, 1+># H/13)1''1&%/+# 8%==%,# ,1%.# (%# .13(<# 71((%'%,# %,# @%,,1+# -7# %%,# +.%/@%# &/-%1+./*.%&1%# .%# -,.)%/A%,# 2--/# 8%.# `SkBd,%.)%/@# (*.# D13# A/-=%/%,# 2-/7#.%#&%2%,>## # H*,)%&%# (%# @'%1,%# -72*, 2*,# `SkBd,%.)%/@%,# D13,# --@# (%# -A=/%,&+.%,# -,2-'(-%,(%#-7#%%,#`SkBd,%.)%/@#1,#+.*,(#.%#8-0(%,>#J7#(%#-A%/*.1-,%'%#@-+.%,# .%#41,*,51%/%,<#7-%.%,#'%(%,#3**/'13@+#-4#7**,(%'13@+#%%,#@'%1,%#2%/&-%(1,=%.*'%,># I%D%# D-0# (%# @-+.%,# 2*,# (%# `SkB# 7-%.%,# (%@@%,># k%&%'13@%/.13(# -,.=/%@%,# (--/&**,+#*,(%/%#71((%'%,#2*,#41,*,51%/1,--/#(%#`SkB<#D-*'+#+0=+1(1%+#-4#+.%0,# 2*,#&/-.%/%#-/&*,1+*.1%+>## # E,#%%,#'*.%/#+.0(1%#=%,*(/0@.#B%Q4*,FV;;cZ#\G#=-2%,(1%,#(*.#)%.&%21,.%2%,+#%%,# =%'*,&/13@# /%7# ./%@.# -A# 8%.# -,.+.**,# %,# 2--/.D%..%,# 2*,# `SkB># `SkBd,%.)%/@%,# /158.%,# D158<# D-*'+# &%D%&(<# 2--/*'# -A# 7%,+%,# (1%# 01.&%+'-.%,# D13,# 2*,# (%# 7**.+58*AA13<# 1>8>=># )%/@'-D%,<# (%# '*&%# 1,@-7%,+&/-%A%,<# 7%,+%,# 7%.# %%,# '158*7%'13@#-4#2%/+.*,(%'13@%#=%A%/@1,&>#I%#`SkB#=1%(.#8%,#%%,#*'.%/,*.1%2%#7*,1%/# 2*,# 1,@-7+.%,# &%,%/%/%,># n(%# )%.&%21, -7./%,.# (%# +-51*'%# D%@%/8%1(# +58/1@.# 7%,+%,# 7%.# %%,# 01.@%/1, *4# -7# (%%'# .%# ,%7%,# **,# %%,# `SkB<# (--/(*.# (%# 2%/(1%,+.%,# 1,# 8%.# `SkBd,%.)%/@# **,&%7%/@.# )-/(%,# *'+# 1,@-7%,# 2--/# (%# =%'*+.1,&(1%,+.# )*,,%%/# (%D%# =-2%,# %%,# =%A**'(%# (/%7A%'# 01.@-7%,o># b-2%,(1%,# D-0# (%# *5.121.%1.# 2*,# %%,# (%%',%7%/# 1,# %%,# `SkBd,%.)%/@# @0,,%,# (01(%,# -A# 8%.# 2%/7-&%,#)%'#(%&%'13@#.%#@0,,%,#)%/@%,>### :"#
# T- 2%/-,./0+.%,(%/# )*+# %%,# +.0(1%# ,**/# %%,# `SkBd,%.)%/@# 1,# T%(%/'*,(># S%,# +.0(1%#,**/#T-AA%+#(--/#(%#B-51-'--?%,@ds**A#b*.%'**,<#=/*58.#**,#8%.#'158.#(*.# (%# `SkB# 7*/@.%5-,-71%# &/-.%# &%'13@%,1+# 2%/.--,(%# 7%.# (%# 5-,2%,.1-,%'%# @*A1.*'1+.1+58%# 7*/@.%5-,-71%># b0/&%/+# (1%# 5-7A%.%,.# D13,# 1,# (%# ,-/7*'%# 7*/@.%5-,-71%#D13,#--@#8%.#7%%+.#+055%+2-'#1,#8%.#T-AA%+#,%.)%/@#%,#=%D1..%,#(%# 7%%+.%# 9T-AA%+R># I*.# .%/)13'# (%# )%/@'-D%,# --@# 1,# 8%.# T-AA%+# A/-&/*77*# &/-.%,(%%'+# 7%.# +580'(%,# ='132%,# D1..%,># I%# +.0(1%# .--,.# 8-%# `SkB# +Q+.%7%,# &/-.%,(%%'+# 4*'%,# 1,# 8%.# =%8*'%,# 2*,# (%# (-%'+.%''1,&%,# )**/2--/# D%# 1,# 8%.# '%2%,# )*/%,#&%/-%A%,># # N'# 7%.# *'<# ='13@%,# `SkBd,%.)%/@%,# 2%%'# 71,(%/# +055%+2-'# .%# D13,# (*,# (%# 7%%+.%# *,(%/%# 5-7A'%7%,.*1/%# &%'(A/-&/*77*R+># k13(=*,@%,# %,# P%&1-&%'(# 8%==%,# =%)%D%,# 2%%'# +-'1(%/%# 5-,5%A.%,# .%# D13,<# %,# 8%==%,# 2%%'# &%'%%/(# 2*,# (%# @/*58.# %,# D)*@.%+#2*,#(%#`SkB># #
:Y#
G"#B12(H:+<%+# # # )'&%*%+%#,%-./01231+ # k13(=*,@%,# D13,# =-%@8-0(+Q+.%7%,# )**/1,# &%=/01@# )-/(.# &%7**@.# 2*,# %%,# 5-7A'%7%,.*1/%# &%'(%%,8%1(# F+%/215%# 5/%(1.+G# 2--/# 8%.# =%'-,%,# 2*,# 2/13)1''1&%/+)%/@># E,# (%# )--/(%,# 2*,# C1''# B%Q4*, FV;;VZ# cGZ# nk13(=*,@%,# D13,# %%,# +A%5141%@%#&%7%%,+58*A+70,.#(1%#-,=%.**'(#)%/@#-7D%..%,#1,#%%,#)**/(%2-'#&-%(<# %,# (1%# .-.# (-%'# 8%==%,# +-51**'# @*A1.**'# .%# 2%/&/-.%,# %,# (%# D%'4+.*,(1&8%1(# 2*,# &%7%%,+58*AA%,# .%# =%2-/(%/%,# (--/# )%(%/@%/1 2/13)1''1&%/+)%/@o># E,# .%&%,+.%''1, .-.# %%,# &%)-,%# 2/13)1''1&%/+-/&*,1+*.1%<# )-/(%,# 2/13)1''1&%/+# 1,# %%,# .13(=*,@# =%'--,(# 2--/# 80,# 1,+A*,,1, 7%.# .13(# 5/%(1.+<# )**/7%%# D13# -A# 80,# =%0/.# D%'4# (%# 80'A# 2*,# *,(%/%,# @0,,%,# 1,+58*@%'%,># I1.# 2/13)1''1&%/+)%/@# -72*.# *5.121.%1.%,# D-*'+# '%+# &%2%,<# -AA*+<# D-/&<# 5-7A0.%/80'A<# .01,1%/%,<# (-%d8%.dD%'4# @'0+3%+<#(%#=--(+58*AA%,#(-%,<#&%D%'+58*A#8-0(%,#%,#2%/2-%/V!>#E,#(%#/%&%'#/158..%,# .13(=*,@%,# D158# (*,# --@# -A# D13# (1%# ,1%.# F7%%/G# 2-''%(1 *5.1%4# (%%',%7%,# **,# (%# 7**.+58*AA13# F)%/@'-D%,<# (%# '*&%# 1,@-7%,+<# &%A%,+1-,%%/(%,G# 2/13)1''1&%/+# %,# D13# (1%# F(%%'+G# *48*,@%'13@# D13,# 2*,# D-/ F-0(%/%,<# D1%@%,# %,# &%8*,(15*A.%,G# FB%Q4*, V;;c*Z#VccG>#I**/7%%#'13@%,#.13(=*,@%,#+.%/@#-A#`SkB#,%.)%/@%,>## # 45%'# # ?-%)%'#.13(=*,@%,#)%(%/D13(+%#@/%(1%.+Q+.%7%,#D13,<#,%.#D-*'+#`SkB#%,#b*/.%/<#D13,# %/#)%'#(%&%'13@#%%,#**,.*'#2%/+581''%,>#T%.#D-*'+#`SkB<#1+#%%,#.13(=*,@#=%(-%'(#2--/# &%)-,%#=0/&%/+#%,#8%%4.#8%.#&%%,#)1,+.--&7%/@#-4#5-77%/516'%#(-%'+.%''1,D-*'+# =*/.%/+#8%==%,>#S58.%/<#1,#.%&%,+.%''1,.-.#`SkB<#8%==%,#.13(=*,@%,#.-.#(-%'#-7#(%# +-51*'%#/%'*.1%+#.0++%,#7%,+%,#.%#2%/+.%/@%,#%,#,1%.#%5-,-71+58%#/%'*.1%+#FB%Q4*, V;;VZ# VG># `SkB# 8%==%,# %%,# 2%%'# D*@%'13@%/# @*/*@.%/# **,&%D1%,# 8%.# 81%/# &**.# -7# 5-77%/516'%# ./*,+*5.1%+# )**/=13# A*/.13%,# -,(%/8*,(%'%,# -2%/# (%# A/13+# 2*,# %%,# A/-(05.# -4# (1%,+.># # `SkB# D13,# (**/7%%# 7%%/# &%+581@.# 2--/# 8%.# 2%/+.%/@%,# 2*,# (%# 4-/7%'%# %5-,-71%<# .%/)13'# .13(=*,@%,# D158# /158.%,# -A# (%# 1,4-/7%'%# %5-,-71%# 2*,# 80'A# %,# D-/ 2--/# %'@**/># k13(=*,@%,# D13,# -,.)-/A%,# -7# +-51*'%# (1%,+.%,# F%,# ,1%.# D-D%%/#&-%(%/%,G#.%#'%2%/%,#(1%#1,#(%#&%)-,%#7*/@.%5-,-71%#-,.=/%@%,>#?%.#(-%'# 2*,# k13(=*,@%,# 1+# -7# 8%.# .%@-/.# **,# 80'A# %,# D-/ 1,# (%# =%+.**,(%# 7-,%.*1/%# %5-,-71%#**,#.%#20''%,<#(%#*5.121.%1.#1,#(%#1,4-/7%'%#+%5.-/#.%#+.170'%/%,#%,#+-51*'%# 5-8%+1%#.0++%,#7%,+%,#.%#2%/+.%/@%,>## # # # ######################################################## V!#I%#7%%+.%#.13(=*,@%,#+A%51*'1+%/%,#D158#1,#(%#01./01'#2*,#+A%5141%@%#&/-%A#2*,#(1%,+.%,>#$-#=%+.**,#
%/#=132--/=%%'(#D-/&/01'#+Q+.%7%,#%,#@1,(%/-AA*++Q+.%7%,>#
:g#
# # 6+78%09.017%01:# # !"#$%"& k13(=*,@%,#7*@%,#&%=/01@#2*,#%%,#)%(%/D13(+#@/%(1%.+Q+.%%7#F70.0*'#5/%(1.G#2--/# 8%.# /%&1+./%/%,# 2*,# (%# 80'A# %,# D-/ (1%# %'@%# (%%',%7%/# 1,# %%,# .13(=*,@# &%%4.# %,# -,.2*,&.># I%D%# =-%@8-0(1, 1+# %'%@./-,1+58# %,# (**/7%%# -,'1,%# .%# /**(A'%&%,># k13(=*,@%,#7*@%,#(0+#(--/&**,+#&%=/01@#2*,#&1/**'#&%'(>## # '()*+,%&-A(,./,00%.1&23##"/,00%.1&"%4%)/,00%.5& I%#2--/,**7+.%#40,5.1%#2*,#.13(#5/%(1.+#1+#-7#(%#01.)1++%'1,*,#(1%,+.%,#F80'A#%,# D-/&G#.%#=%2-/(%/%,>#T%.#D-*'+#8%.#&%2*'#1+#7%.#=*/.%/+#%,#`SkB#,%.)%/@%,#)-/(.#%/# &%%,#/%,.%#01.&%@%%/(#-2%/#-A&%+A**/(%#5/%(1.+># # k13(=*,@%,# 7*@%,# 2*,D%'4+A/%@%,(# &%=/01@# 2*,# 90/%,R# *'+# /%@%,71((%'<# 1,# A'**.+# 2*,# 5/%(1.+# (1%# %%,# &%'13@%# ,-71,*'%# )**/(%# 8%==%,# *'+# 8%.# 5-,2%,.1-,%'%# &%'(># E,# .13(=*,@%,#+.**.#!#5/%(1.#*'.13(#&%'13@#**,#ii,#00/#)%/@>#?%.#&%=/01@#7*@%,#2*,#0/%,# *'+# A/13+7%58*,1+7%# 1+# A/%..1 **,&%D1%,# 1,# %%,# .13(=*,@# %1&%,'13@# *''%%,# (1%,+.%,# F*/=%1(<# )%/@G# )-/(%,# &%/01'(# %,# ,1%.# D-D%%/# &-%(%/%,># I%# 7%%+.%# .13(=*,@%,# 8%==%,#%%,#D%%/#%&*'1.*1/#%,#+-51**'#@*/*@.%/#-7(*.#%%,#1%(%/+#.13(#%2%,#2%%'#)**/(# 1+[#%%,#00/#)%/@#'%2%/.#*'.13(#!#5/%(1.#F!#900/RG#-A<#-,&%*58.#(%#**/(#2*,#8%.#)%/@#(*.# 1+# 2%//158.# FB%Q4*, V;;VZ# c[\G># E,# %%,# .13(=*,@# 1+# 8%.# D012%/# (%# &%)%/@.%# .13(# (1%# )-/(.# =%'--,(># ^0/%*1# j1AA0# 1+# (%# 01.D-,(%/1, )**/1,# %'@%# (%%',%7%/# D%'4# 7* =%A*'%,#8-%2%%'#90/%,R#813#-4#D13#1,#/%@%,1,=/%,&.#2--/#%%,#00/#)%/@>## # E.8*5*#?-0/+<#%%,#.13(=*,@#1,1.1*.1%4#1,#(%#+.**.#T%)#p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k13(# 5/%(1.+# F90/%,RG# -,.+.**,# )*,,%%/# .)%%# A%/+-,%,# %%,# ./*,+*5.1%# =%&1,,%,[# (*.# 1+# )*,,%%/# %%,# (%%',%7%/# %%,# (1%,+.# 2%/'%%,.# **,# 1%7*,(# *,(%/+# 01.# 8%.# .13(=*,@# +Q+.%%7># N''%# (%%',%7%/+# 1,# %%,# .13(=*,@#=%&1,,%,#7%.#%%,#+*'(-#2*,#;<#(1%#)-/(.#2%/7%%/(%/(#7%.#8%.#**,.*'#0/%,# (*.#%'@%#(%%',%7%/#8%%4.#2%/(1%,.#7%.#8%.#2%/'%,%,#2*,#80'A<#%,#2%/71,(%/.#7%.#8%.# **,.*'#0/%,#(*.#7%,#8%%4.#01.&%&%2%,#2--/#8%.#-,.2*,&%,#2*,#80'A>#k13(=*,@1%/%,#1+# (**/7%%# %%,# 9D%/-d+07# &*7%R># a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
@0,,%,#(*,#--@#,1%.#)-/(%,#1,&%)1++%'(#2--/#&%)--,#&%'(>### # E.8*5*#?-0/+#D13,#81%/-A#)%(%/-7#%%,#01.D-,(%/1,&>#E.8*5*#?-0/+#1+#41*.#&%'(#(*.#1,# -7'--A# )-/(.# &%=/*58.# (--/# (%D%# +17A%')% .%# 2%/+A/%1(%,# 7%.# (%# '-@*'%# @/*,.># I**/7%%#)-/(%,#E.8*5*#?-0/+#2*,01.#8%.#,1%.+#&%5/%6%/(>#?-%)%'#!#E.8*5*#?-0/#!;# (-''*/#/%A/%+%,.%%/.<#@*,#8%.#,1%.#2--/#(-''*/+#)-/(%,#1,&%)1++%'(>## # ',)#)*,%",)$&%)&982+%)0%44,)$& I%# 7%%+.%# .13(=*,@%,# D13,# 2-''%(1 *48*,@%'13@# 2*,# %e.%/,%# 41,*,51%/1, 2--/# 8%.# -A%/*.1-,%%'# 8-0(%,# 2*,# (%# .13(=*,@># N'+# **,20''1, (**/-A# )-/(%,# 1,# C/--.# b/1..*,,16# .13(=*,@%,# 2**@# 41,*,51%%'# &%+.%0,(# (--/# '-@*'%# *0.-/1.%1.%,# FB%Q4*, V;;VZ#V["[\G>#k13(=*,@%,#)-/(%,#(--/&**,+#=%+58-0)(#*'+#%%,#D1,2-''%#**,20''1, -A#8%.#A0='1%@%#+-51*'%#D%@%/8%1(++.%'+%'<#)**/#-2%/8%(%,#,1%.#(%#71((%'%,#8%==%,# -7# 81%/1,# .%# 2--/D1%,># ?%.# D13,# 7%%+.*'# '-@*'%# &%7%%,.%,# %,# A/-4%++1-,%'%# -/&*,1+*.1%+# D-*'+# +58-'%,<# D-/&1,+.%''1,&%,<# (1%# A*/.,%/# D13,# 1,# 8%.# -A/158.%,# %,# 2-/7# &%2%,# 2*,# .13(=*,@# 1,1.1*.1%2%,># I**/7%%# -,(%/+58%1(%,# D%# D158# 2*,# `SkB# ,%.)%/@%,#(1%#9&/*++/--.+R#-,.+.**,#%,#*''%%,#(--/#2/13)1''1&%/+#)-/(%,#-A&%D%.#%,# 1,# +.*,(# )-/(%,# &%8-0(%,># k13(=*,@%,# 8%==%,# %%,# A/-4%++1-,%'%/%# 01.+./*'1, %,# 7%%/#%%,#.-Ad(-),#(*,#%%,#=-..07d0A#@*/*@.%/### # ;*9'%*%+7:71%#%+#6+7-7::+-&%-./1%(%+1-# # I%# %%/+.%# .13(=*,@# )%/(# -A&%D%.# (--/# S(&*/# B># O*8,# 1,# !]\Y# .-%,# 813# D13,# 5-,5%A.# 2*,# k17%# I-''*/+# .-%A*+.# -A# -,(%/)13+d# %,# &%D-,(8%1(+D-/&A/-3%5.%,# 1,# L*+81,&.-,# I>O><# %,# '*.%/# ^'-/1(*# %,# O815*&-># O*8,R+# (-%'+.%''1, )*+# -7# (%# .%@-/.@-71,&%,# 2*,01.# (%# -2%/8%1(# -7# 2-'(-%,(%# +-51*'%# 2--/D1%,1,&%,# .%# =1%(%,# -A# .%# 2*,&%,<# %,# %%,# -A'-++1, .%# =1%(%,# 2--/# 01.%%,'-A%,(%# 7**.+58*AA%'13@%# A/-='%7%,# D-*'+# )%/@'--+8%1(<# &%=/%@# **,# D-/&2%/'%,1, %,# 5/171,*'1.%1.# FC/%5-# V;;!Z# ]\G># ?%.# &%=/%@# **,# +-51*'%# 2--/D1%,1,&%,# )*+# %%,# &%2-' 2*,# &/-.%# =%D01,1&1,&%,#-A#(%#01.&*2%,#1,#(%#3*/%,#R\;>#k%&%'13@%/.13(#)*+#(%#)%/@'--+8%1(#%/ 8--&>#C%5-,4/-,.%%/(#7%.#%%,#.%@-/.#**,#&%'(#-7#+-51*'%#2--/D1%,1,&%,#.%#'%2%/%,<# 2*..%#O*8,#8%.#1(%%#-A#D%'4#%%,#,1%0)%#&%'(%%,8%1(#.%#5/%6/%,#+A%51**'#=%(-%'(#2--/# 8%.#=%.*'%,#2*,#=%,-(1&(%#80'A#%,#D-/&>#I**/-A#2-'&(%,#2%'%#*,(%/%#A/-3%5.%,#D13,# 2--/=%%'(># # S%,# 2*,# (%D%#A/-3%5.%,# 2%/(1%,(# (%# **,(*58.>#E.8*5*#?-0/+#1+#%%,# /%(%'13@# =%@%,(# %,# +055%+2-'# A/-3%5.# (*.# 2**@# )-/(.# &%*++-51%%/(# 7%.# .13(=*,@1%/%,># l*0'# C'-2%/# )*+# (%# 1,1.1*.1%4,%7%/# 2*,# 8%.# A/-3%5.# %,# '*,5%%/(%# (%D%# 1,# !]]!<# )**/,*# 8%.# &%'%1(%'13@# &/-%1(%># E.8*5*# 1+# %%,# (-/A# 7%.# -,&%2%%/# V\>;;;# 1,)-,%/+# (1%# /%'*.1%4# &%m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
.%# *55%A.%/%,># ?-0/# k-),<# =%2*..%# *''%# =%(/132%,# %,# 1,(121(0%,# (1%# =%/%1(# )*/%,# 9?-0/+R# .%# *55%A.%/%,# 2--/# 80,# &-%(%/%,# -4# (1%,+.%,# FC/%5-# V;;!Z# ]YG># ?-0/+# @-,(%,# --@# )-/(%,# 2%/@/%&%,# 7%.# *'+# '%,1,&<# .-%'*&%# -4# *'+# =-,0+# (--/# 8%.# 2--/.D%..%,#2*,#8%.#'1(7**.+58*A#1,#8%.#E.8*5*#?-0/+#+Q+.%%7>## # E.8*5*#?-0/+#)-/(%,#2**@#&%/%@%,(#.-.#(%#k13(=*,@#1,1.1*.1%2%,>#I%#,**7#(-%.#(1.# --@#2%/7-%(%,<#7**/#(1.#1+#-,.%/%58.>#B./1@.#&%+A/-@%,#1+#8%.#E.8*5*#?-0/+#A/-3%5.# &%%,# .13(=*,@# 1,1.1*.1%4<# -,(*,@+# (%# (%,-71,*.1%# 1,# 0/%,># k13(=*,@%,# D13,# A%/# (%41,1.1%# )%(%/D13(+%# @/%(1%.+Q+.%7%,<# )**/1,# %%,# 1%(%/+# *5.121.%1.# )-/(.# =13&%8-0(%,>#E.8*5*#?-0/+#@%,.#&%%,#)%(%/D13(+#@/%(1%.+Q+.%%7[#(%#01.&%&%2%,#0/%,# D13,#1,#4%1.%#41*.#&%'(>#?%.#,*(%%'#81%/2*,#1+#(*.#8%.#&%'(#(**/7%%#-,(%/8%21+#**,# 1,4'*.1%#)*,,%%/#.%#2%%'#9?-0/+R#1,#/-0'*.1%#)-/(%,#&%=/*58.># # S%,#*,(%/%#,-%7%,+)**/(1&%#k13(=*,@#-,.+.-,(#1,#s*A*,#1,#(%#3*/%,#R];>#N'#1,#!]";# %eA%/17%,.%%/(%,#(%#s*A*,,%/+#7%.#5-7A'%7%,.*1/#&%'(#*'+#%%,#71((%'#-7#+-51*'%# 2--/D1%,1,&%,# .%# '%2%/%,<# %,# (**/7%%# 1+# 8%.# (%# 2--/'-A%/# 2*,# )*.# )%# 2*,(** (%# (* 1,# 8%.# L%+.%,# @%,,%,# *'+# k13(=*,@%,# F`1%.*%/# _# ?*''+71.8# V;;YZ# \G># I%# 2--/,**7+.%#.13(=*,@#1,#s*A*,#1+#8%.#^0/%*1#j1AA0#+Q+.%%7#F?0/%*1#j1AA0G>#^0/%*1# j1AA0# FD-/&D*7%# /%'*.1%@**/.3%+G# 2%/.--,(# &/-.%# -2%/%%,@-7+.%,# 7%.# O*8,R+# 9S'(%/A'*,R# 1,# L*+81,&.-,# I>O># 9H/13)1''1&%/+R# -,.2*,&%,# .13(# 5/%(1.+# 2--/# 8%.# 2%/'%,%,# 2*,# D-/ **,# *,(%/%,# 1,# 8%.# +Q+.%%7# (1%# 81%/**,# =%8-%4.%# 8%==%,># E,# ^0/%*1#j1AA0#8%==%,#2%/+581''%,(%#.*@%,#%%,#2%/+581''%,(#A/13+@**/.3%<#)**/#7%.#(%# %,%#.**@#7%%/#0/%,#)-/(%,#2%/(1%,.#(*,#7%.#*,(%/%#-,*48*,@%'13@#2*,#(%#(00/#2*,# (%#)%/@D**78%(%,>#E,#!]]"#)%/(#(%#B*)*Q*@*#L%'4*/%#^-0,(*.1-,#-A&%/158.#-7#.%# %eA%/17%,.%/%,#7%.#(%#^0/%*1#j1AA0#*'+#)%(%/D13(+#@/%(1%.+Q+.%%7>#I%D%#+.158.1, )%/(# -A&%/158.# 2*,)%&%# %%,# +.%/@# 2%/&/13D%,(%# A-A0'*.1%<# %,# (%# =%,-(1&(%# D-/ 2--/#-0(%/%,#(1%#(*.#7%.#D158#7%%#=/*58.>#I%#B*)*Q*@*#L%'4*/%#^-0,(*.1-,#)%/(# -A&%/158.# (--/# k+0.-70# ?-..*<# %%,# 2--/7*'1 A/-50/%0/# &%,%/**'# %,# 71,1+.%/# 2*,# s0+.1.1%# F`1%.*%/# V;;cZ# cG># # S,@%'%# 8-,(%/(%,# ,-,dA/-41.# -/&*,1+*.1%+# 2-'&(%,# D13,# 2--/=%%'(# F`1%.*%/# !]]]Z# VgG># I%D%# =%+.**,# 2*,(** (%# (* A*/*''%'# **,# 8%.# ,*.1-,*'%#D-/&+.%'+%'#2*,#(%#-2%/8%1(#F1,#s*A*,#1+#(%#D-/&+%5.-/#,1%.#&%A/12*.1+%%/(G># I%#^0/%*1#j1AA0#.13(=*,@%,#2-/7%,#(**/7%%#%%,#**,20''1,-A#(%#4-/7%'%#D-/&[#%/# @0,,%,#*''%%,#0/%,#)-/(%,#2%/(1%,(#7%.#(1%,+.%,#)**/1,#,1%.#)-/(.#2--/D1%,#(--/# (%#,*.1-,*'%#D-/&2%/D%@%/1,&>## # H*,D%'4+A/%@%,(#@0,,%,#2%/&%'13@=*/%#.13(=*,@%,#-,.)-/A%,#)-/(%,<#-7#1,#*,(%/%# +-51*'%# 2--/D1%,1,&%,# .%# 2--/D1%,># B-771&%# =%+.**,# /%%(+# D-*'+# %%,# .13(=*,@# +A%5141%@#2--/#@1,(%/-A2*,FO*/%#a1'%+G#%,#+A%5141%@#2--/#%(05*.1%#FB*=%/G>## # ;*9:.7#%+#,%7%<%+1-# # ;/<#)$&%)&@"8%,& T*(*.# O*8,# 8%.# 5-,5%A.# 2*,# .13(=*,@1%/%,# 8*'2%/)%&%# (%# 3*/%,# R\;# 1,./-(05%%/(%<# )%/(#8%.#1(%%#*'#+,%'#-A&%A*@.#1,#*,(%/%#(%'%,#2*,#(%#H%/%,1&(%#B.*.%,<#)**/,*#8%.# --@#2-%.#**,#(%#&/-,(#@/%%,#7%.#,*7%#(%#N,&%'+*@+1+58%#'*,(%,>#E,#V;;;#)*/%,# %/#:;;#k13(=*,@%,#)%/%'()13(#F`1%.*%/#!]]]Z#!"\G>#C/--.#b/1..*,,16#8*(#1,#V;;V<#V]# c;#
-A%/*.1-,%'%# k13(=*,@%,# FB%Q4*, V;;VZ# "G># a%.# ,*7%# 1,# s*A*,# 7**@.%,# (%# .13(=*,@%,#8*'2%/)%&%#(%#3*/%,#R];#%%,#)*/%#%eA'-+1%#2*,#&/-%1#(--/>#C%+58*.#)-/(.# (*.#1,#a%1#V;;:#s*A*,#*''%%,#*'#:gV#^0/%*1#j1AA0#+Q+.%7%,#.%'(%#F`1%.*%/#V;;cZ#YG># ?-%)%'#%/#2%'%#.13(=*,@%,#)%/(%,#-A&%/158.<#1+#8%.#**,.*'#'%(%,#1,#.13(=*,@%,#2**@# =%A%/@.# .-.# %%,# A**/# 8-,(%/(# FB%Q4*, V;;c5Z# Y]G># ?%.# **,.*'# ./*,+*5.1%+# 1,# %%,# .13(=*,@# 1+# --@# %/ =%+58%1(%,># H-'&%,+# %%,# ,*.1-,*'%# %,h0y.%# 1,# V;;V# 1,# C/--.# b/1..*,,16<# 8*((%,# .13(=*,@%,# &%71((%'(# Y!# '%(%,<# )**/=13# %'@# '1(# &%71((%'(# V]# 0/%,# 2%/(1%,(%# -4# +A%,(%%/(%# FB%Q4*, V;;VZ# "G># ?%'**+# 1+# %/# )%1,1 (*.*# =%+581@=**/# -2%/# 8%.# **,.*'# .13(=*,@%,# )%/%'()13(<# 8%.# **,.*'# '%(%,# 1,# .13(=*,@%,# =01.%,#C/--.#b/1..*,,16#%2%,*'+#(%#/%&%'7**.#%,#(%#-72*,*,#./*,+*5.1%+>#$%'4+#(%# ^0/%*1#j1AA0#+Q+.%7%,#'*.%,#,*#-7#8%.#**,.*'#01.&%)1++%'(%#0/%,#%,#*5.1%2%#'%(%,#.%# -,(%/D-%@%,#F`1%.*%/#V;;cZ#YG>## # a%.# =%./%@@1, .-.# E.8*5*# ?-0/+<# D13,# %/# *,,-# V;;!# -,&%2%%/# !";;# '%(%,# *5.1%4# F`-)(#V;;!Z#O8#cG># ## =(**%22%)&%)&>"8?.%/%)& k13(=*,@%,#8%==%,#=%)%D%,#2%%'#+055%+2-''%/#%,#%44%5.1%2%/#.%#D13,#(*,#`SkB>#$-)%'# 8%.# -,.2*,&%,# *'+# 8%.# &%2%,# 2*,# 80'A# %,# D-/ ='13@.# 2--/(%'%,# 7%.# D158# 7%%# .%# =/%,&%,# 2--/# (%# (%%',%7%/+># H/13)1''1&%/+# 8%==%,# **,&%&%2%,# ,1%0)%# 2/1%,(+58*AA%,<# +-51*'%# =%./-@@%,8%1(<# %/@%,,1, %,# D%'42%/./-0)%,# .%# 8%==%,# &%@/%&%,>#I--/#1,4-/7%'%#80'A#%,#D-/.%#%/@%,,%,#*'+#2-')**/(1)%/@#F)*.#1,#(%# ,-/7*'%# 7-,%.*1/%# %5-,-71%# &%%,# F&%'(G)**/(%# 8%%4.G<# )-/(.# ,1%0)%# 7**.+58*AA%'13@%# =%./-@@%,8%1(# =%/%1@.># `1%.*%/# F!]]][# !YYG# =%+58/134.# 8-%# ^0/%*1# j1AA0# 2%%'# =%.%/# )%/(# &%)**/(%%/(# (--/# D-/&d# %,# 80'A=%8-%2%,(%,<# (*,# (%# /%&0'1%/%# D-/ 2%/'%%,(# (--/# A/-4%++1-,*'+# %,# =%.**'(# 7%.# p%,># I--/# ^0/%*1# j1AA0# -,.+.**.# %%,# 2%%'# A%/+--,'13@%/%# /%'*.1%# .0++%,# D-/&-,.2*,&%/# %,# 2%/'%,%/># `1%.*%/# F!]]]Z# !YYG# +.%'.# =-2%,(1%,# (*.# ^0/%*1# j1AA0# +Q+.%7%,# 2%%'# @-+.%,%44%5.1%2%/# -A%/%/%,# (*,# 8%.# ,*.1-,*'%# D-/&+Q+.%%7# %,# 2%%'# ,1%0)%# 92/13)1''1&%/+R# 8%%4.# **,&%./-@@%,#(1%#=%/%1(#D13,#D-#,0#%,#(*,#D-/.%#2%/'%,%,># # Si,#=%'*,&/13@%#+055%+4*5.-/#2--/#(%#k13(=*,@%,#1,#(%#HB#1+#(%#01.D-,(%/'13@%#+.*.0+# (1%#8%.#8%%4.#2--/#(%#=%'*+.1,&(1%,+.#FEPB#v#E,.%/,*'#P%2%,0#B%/215%G>#I%#EPB#8%%4.# =%A**'(#(*.#8%.#2%/(1%,%,#2*,#90/%,R#1,#.13(=*,@%,#,1%.#-,(%/(%%'#1+#2*,#(%#4-/7%'%# %5-,-71%>#I**/7%%#1+#8%.#-,.2*,&%,#%,#2%/(1%,%,#2*,#90/%,R#=%'*+.1,&2/13#F`1%.*%/# !]]]Z# !"\[# C/%5-# V;;![# ]]G># J-@# 1,# C/--.# b/1..*,,16# )-/(%,# .13(# 5/%(1.+# ,1%.# **,&%7%/@.# *'+# =%'*+.=**/# 1,@-7%,# %,# 2-/7%,# (**/7%%# %%,# 7-&%'13@%# **,20''1, -A# %,1&%# 2-/7# 2*,# 01.@%/1, FB%Q4*, V;;V[# "G># B%Q4*, FV;;VZ# ][V;;c=G# +.%'.# 1,# 8**/# -,(%/D-%@# ,**/# k13(=*,@%,# %,# `SkB# +Q+.%7%,# (*.# --@# 8%.# *5.1%4# 7*@%'%,# %,# +58*@%'%,#.0++%,#2/**%,#**,=-(#2*,#80'A#%,#D-/%%,#=%'*,&/13@%#+055%+4*5.-/#1+# &%='%@%,>#E,#.%&%,(%%'#.-.#`SkB#)-/(%,#2/*&%/+#%,#**,=1%(%/+#*5.1%4#7%.#%'@**/#1,# 5-,.*5.#&%=/*58.>#I%#97*@%'**/R#+.%'.#=-2%,(1%,#(%#5-7A%.%,.1%+#2*,#%'@%#(%%',%7%/# 2*+.<# %,# 5-,+.*.%%/.# =-2%,(1%,# )%'@%# =%8-%4.%# **,# 80'A# -4# D-/ %'@%# (%%',%7%/# 8%%4.>#S%,#7*@%'**/#(/**&.#%/#D-/--/#(*.#%/#2-'(-%,(%#./*,+*5.1%+#A'**.+21,(%,# %,#(*.#%'@%#(%%',%7%/#.13(#5/%(1.+#@*,#2%/(1%,%,#%,#01.&%2%,>### # c!#
I*.# =%.%@%,.# ,1%.# (*.# .13(=*,@%,# ,1%.# 7%.# A/-='%7%,# &%5-,4/-,.%%/(# )-/(%,># S/2*/1,&%,# 7%.# .13(=*,@1%/%,# )13+.# 01.# (*.# 2%%'# (%%',%7%/+# .%/0&8-0(%,(# D13,# -7# 80'A#1,#.%#+58*@%'%,<#-,(*,@+#(%#**,)%D1&8%1(#2*,#%%,#7*@%'**/>#k%&%'13@%/.13(#1+#%/# %%,# =%A%/@.# **,=-(# 2*,# (1%,+.%,# =%+581@=**/# F(--/(*.# 8%.# **,.*'# (%%',%7%/+# 1,# %%,#.13(=*,@#2**@#,1%.#7%%/#(*,#%%,#A**/#8-,(%/(#'%(%,#=%+.**.G#FB%Q4*,V;;c5Z# Y]G># S/# 1+# (0+# 2**@# &%%,# @/1.1+58%# 7*++*# -7# 2-'(-%,(%# 2/** %,# **,=-(# .%# /%*'1+%/%,>#I**/,**+.#1+#%%,#&/--.#**,.*'#(%%',%7%/+#,1%.#1,#+.**.#(1%,+.%,#.%/0.%# '%2%/%,#%,#(**/7%%#*48*,@%'13@#2*,#(%#&14.%,#2*,#*,(%/%#(%%',%7%/+>#k%&%'13@%/.13(# =%+.**.#%/#2--/#)%/@'-D%,<#%,#*/=%1(+-,&%+581@.%,#%%,#/1+15-#&%@-/.#.%#)-/(%,#-A# (%# 01.@%/1,&<# -7(*.# 2/13)1''1&%# *5.121.%1.%,# 1,# %%,# .13(=*,@# %/-A# D-0(%,# @0,,%,# (01(%,#(*.#D13#)%'#(%&%'13@#1,#+.**.#D13,#-7#.%#)%/@%,#FB%Q4*,V;;c5Z#Y]G># # I*21(# b-Q'%# F!]]]Z# VVG# +.%'.# =-2%,(1%,# (*.# 8%.# -AD%..%,# 2*,# %%,# k13(=*,@# =%8--/'13@# @-+.%,1,.%,+1%4# 1+# F71,+.%,+# ";>;;;# (-''*/G># I%# **,+58*4# 2*,# 5-7A0.%/+# %,# +%/2%/+<# %,# 8%.# 1,80/%,# 2*,# A%/+-,%%'# (1%# -A./%%(# *'+# 7*@%'**/# 1+# =%8--/'13@# @*A1.**'d# %,# */=%1(+1,.%,+1%4># ?%.# 4%1.# (*.# k13(=*,@%,# 2**@# *48*,@%'13@# D13,# 2*,# %e.%/,%#A/-4%++1-,%'%#-/&*,1+*.1%+#2--/#(%#41,*,51%/1,&<#7**@.#8%,#@)%.+=**/># # S%,# '**.+.%# =%D)**/# .%&%,# .13(=*,@%,# 1+# (*.# 8%.# (%# 1,4-/7%'%# %5-,-71%# 5-77-(1415%%/.[# .13(=*,@%,# 8*,&%,# 1,# 4%1.%# %%,# A/13+@**/.3%# **,# +-51*'%# /%'*.1%+# %,# 80'A# %,# D-/ (1%# 2--/8%%,# ./*(1.1-,%%'# 2%/'%%,(# )-/(.# 2*,01.# 2/1%,(+58*A# %,# 4*71'1%=*,(#F`-)(#V;;!Z#O8>#:G>#a%.#(%#-A@-7+.#2*,#.13(=*,@%,#D-0(%,#9&14.%,R#,1%.# '*,&%/# 2*,D%'4+A/%@%,(# @0,,%,# D13,># ?-%)%'# 1,# (%# A/*@.13@# (%# -,.2*,&%,# 0/%,# %%,# 7%%/#+Q7=-'1+58%#)**/(%#8%==%,<#%,#,1%.#(%#(1/%5.%#**,'%1(1,D13,#-7#D-/-4#80'A# .%# 2%/'%,%,<# D-0(%,# 2/13)1''1&%/+# %%,# (%/&%'13@%# =%'-,1, 1,# .-%,%7%,(%# 7*.%# 2*,D%'4+A/%@%,(#@0,,%,#&**,#21,(%,>#?%.#D-0#&-%(#7-&%'13@#D13,#(*.#%/#)%%/+.*,(# -,.+.**.# .%&%,# 8%.# =%8*,(%'%,# 2*,# 80'A# %,# D-/ *'+# )*/%# %%,# 2%/8*,(%'=**/# &-%(># ?0'A#%,#D-/D-0#2*,01.#(1.#--&A0,.#,1%.#1,#%%,#&%'()**/(%#01.&%(/0@.#7-%.%,#F%,# @0,,%,G#)-/(%,># # I%+*',1%..%71,#8%==%,#.13(=*,@%,#=%)%D%,#/%'*.1%4#+055%+2-'#.%#D13,#1,#8%.#=%/%1@%,# 2*,# 80,# (-%'+.%''1,&%,<# %,# D13,# (%# 7%%+.%# A/-='%7%,# ,1%.# -,-2%/@-7%'13@># T- +.%%(+# -,.+A/01.%,# %/# ,1%0)%# 2%/=%.%/(%# 2*/1*,.%,# -A# (%# =%+.**,(%# .13(=*,@# +Q+.%7%,># ## #
cV#
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m,./-(05%%/(# -7# 8%.# A/-='%%7# 2*,# %%,# .%@-/.# **,#5-,2%,.1-,%%'#&%'(#1,#51/50'*.1%#-A#.%#'-++%,#%,#-7#(%#-7'--A+,%'8%1(#2*,#&%'(# .%# +.170'%/%,># I%# 8-%2%%'8%1(# /%&1-&%'(# 1,# -7'--A# @*,# *''%%,# .-%,%7%,# D-'*, %/# --@#2-'(-%,(%#S0/-R+#1,#-7'--A#D13,>#P%&1-&%'(#7-%.#177%/+#)-/(%,#&%@-58.#7%.# S0/-R+>#?%.#(-%'#2*,#/%&1-&%'(#1+#(**/-7#,1%.#-7#(%#+58**/+.%#2*,#&%'(#1,#-7'--A#.%# *(/%++%/%,># P%&1-&%'(# 8%%4.# .-.# (-%'# -7# (%# '-@*'%# %5-,-71%# .%# 2%/+.%/@%,<# %,# (%# ,%&*.1%2%#%44%5.%,#2*,#(%#7-,(1*'1+%/%,(%#%5-,-71%#.%#)%%/+.**,>#P%&1-&%'(#./*58.# 8%.# '-@*'%# =%(/134+'%2%,<# 7%.# ,*7%# 8%.# a1((%,# %,# j'%1,# b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l-1,.# V;!;G>#P%&1-&%'(#1+#D-#-,.)-/A%,#(*.#8%.#'-@*'%#)1,@%'1%/+#1,#(%#/%&1-,*'%#%5-,-71%# 8%'A.# .%# 2%/+.%/@%,# 1,# 80,# +./13(# 7%.# (%# &/-.%# +0A%/7*/@.%,# %,# )1,@%'@%.%,+># nI%# '-@*'%# &/-%,.%7*,# 8%%4.# 2--/@%0/# 2--/# *AA%'+# 2*,# =-%/%,# 01.# (%# /%&1-# -7(*.# 813# (**/#D13,#O81%7&*0%/+#@*,#=%+.%(%,>#FI%#&/-%,.%7*,#8%%4.#/%&1-&%'(#&%*55%A.%%/(# 2*,# @'*,.%,<# -7(*.# 813# (%D%# *,(%/+# 2%/'1%+.# **,# (%# 5-,50//%,.G># $-(*,1 )-/(%,# /%&1-,*'%# =%(/134+=*,(%,# 2%/+.%/@.# %,# -,.+.**.# %/# %%,# /%&1-,**'# =%.**',%.)%/@>o# FC%''%/1# V;;]Z# g:G># b-2%,(1%,# =%+581@@%,# =%(/132%,# 7%.# 8%.# *55%A.%/%,# 2*,#
c:#
P%&1-&%'(# -2%/# %%,# 8%%'# @-+.%,%441516,.%# 7*/@%.1, .--'[# D13# )-/(%,# 2%/7%'(# -A# )%=+1.%+#%,#1,#*(2%/.%,.1%+#2*,#(%#P%&1-&%'(#-/&*,1+*.1%#F1=1(Z#gcG># # S%,# *,(%/# 2--/(%%'# 2*,# 8%.# *55%A.%/%,# 1+# (*.# '-@*'%# =%(/132%,# ,1%0)%# @'*,.%,# **,./%@@%,# %,# =%+.**,(%# @'*,.%,# =1,(%,># $13# ./%@@%,# *''%# (%%',%7%,(%# 5-,+07%,.%,# 1,# 8%.# P%&1-&%'(# A/-&/*77*# **,># b13&%2-' 2*,# 8%.# P%&1-&%'(# A/-&/*77*#1+#(*.#8%.#%%,#(00/D*7%/%#%5-,-71%#.%)%%=/%,&>#a%.#'-@*'%#A/-(05.1%# %,#5-,+07A.1%#1+#.%,+'-..%#71,(%/#./*,+A-/.#&%7-%1(#Fa--/%#V;;g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d#%,#=13+58/1321,&%,#D-*'+#8%.#&%2*'#1+#7%.#)%(%/D13(+%# @/%(1%.+Q+.%7%,># I%# @%%/D13(%#2*,# A*A1%/&%'(# 1+# 01.%/**/(# 8%.# /1+15-# -A# 2%/2*'+1,&># O81%7&*0%/# 1+# -7# 4/*0(%# .%# 2--/@-7%,# 2--/D1%,# 2*,# 7**/# '1%4+.# !c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j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q/+./-7.*'%/# 1+# 81%/2*,# %%,# 2--/=%%'(#Fa--/%#V;;gG>#I%D%#7%58*,1+7%,#(/*&%,#=13#**,#%%,#8-&%/%#5-,+07A.1%# %,# 8-&%/%# -7'--A+,%'8%1(># C%''%/1# FV;;]Z# YcG# +58*..%# (*.# ,*# 2134# 3**/# (%# -7'--A+,%'8%1(# 2*,# %%,# O81%7&*0%/# (/1%# @%%/# D-# 8-- )*+# *'+# (*.# 2*,# %%,# S0/-># J7#A/*@.1+58%#/%(%,%,#2%/.%&%,)--/(1&.#!#O81%7&*0%/#*'.13(#!#S0/->#I**/7%%#1+#(%# A/13+#2--/#%%,#A/-(05.#-4#(1%,+.#1,#S0/-R+#%,#P%&1-&%'(#8%.D%'4(%># cc#
# 6,+$,7+%3"8*%0("%& ?%.#D%&%'&%'(#2*,#(%#3*/%,#R:;#)%/(#7%%+.*'#1,#-7'--A#&%=/*58.#(--/#)%/@,%7%/+# 01.# .%# =%.*'%,# 1,# 5-7A'%7%,.*1/# &%'(# *'+# =%'-,1, 2--/# 8%.# )%/@# (*.# D13# 8*((%,# 2%//158.>#P%&1-&%'(#@*,#(--/&**,+#*''%%,#)-/(%,#&%@-58.#(--/#S0/-R+#ii,#-A#ii,#1,# .%# )1++%'%,# 2--/# O81%7&*0%/+<# q/+./-7.*'%/+<# B.%/,.*'%/+# -4# %%,# ?*2%'='t.%># P%&1-&%'(# 1+# (0+# &%(%@.# (--/# 5-,2%,.1-,%%'# &%'(># P%&1-&%'(# 2%/+581'.# (**/7%%# ,*0)%'13@+# 2*,# (%# O*,*(%+%# k-/-,.-# I-''*/# %,# (%# b%/@+81/%# &%'(%%,8%(%,# 9^*/7# l/%+%/2%# T-.%+R<# I%'1# I-''*/+<# j%,.*/-# P%+.*0/*,.# B5/1A# %,# (%# a-,.%/%Q# C%,%/*'# B.-/%#B5/1A>#E,#%,@%'%#/%&1-&%'(#A/-&/*77*R+#)-/(.#8%.#/%&1-&%'(#F--@G<#,%.#D-*'+#1,# )%(%/D13(+%# @/%(1%.+Q+.%7%,<# 01.&%&%2%,# -A# =*+1+# 2*,# %%,# =%'-4.%# 1,# (%# .-%@-7+.# &-%(%/%,#%,#(1%,+.%,#.%/0.%#'%2%/%,#Fs-8,#P-&%/+#V;;g[#P%&1-&%'(>(%G>#?%.#@-A%,# 2*,# P%&1-&%'(# )-/(.# &%+.170'%%/(# %,# **,./%@@%'13@# &%7**@.# 2--/# =0/&%/+# %,# 5-,+07%,.%,#(--/#%%,#=-,0+#.%#2%/+58*44%,#2*,#"#.-.#!;X>#H--/#%'@%#%0/-#-,.2*, 3%#!>;"#-4#!>!;#/%&1-&%'(#%%,8%(%,>#E,#8%.#&%2*'#2*,#(%#O81%7&*0%/#1+#(%#=-,0+#,1%.# 2--/#(%#@-A%/<#7**/#7*(%D%#(%#=-,0+#+58%,@%,#**,#%%,#&-%(#(-%'#2*,#D13,#-4#8**/# @%0D%# FC%''%/1# V;;]Z# g!G># T%.# D-*'+# /%&1-&%'(# @*,# )-/(%,# &%@-58.# 7%.# S0/-R+<# @*,# (%D%#--@#=13#(%#-/&*,1+*.1%#)%%/#)-/(%,#1,&%)1++%'(#2--/#S0/-R+<#8-%)%'#(1.#)-/(.# -,.7-%(1&(# (--/# %%,# 7*'0+# 2*,# .0++%,# (%# "# %,# !;X># I1.# =-,0+d7*'0+# +Q+.%%7# 2%/D%@%/.#(0+#(%#&/-%1#2*,#(%#8-%2%%'8%1(#/%&1-&%'(#1,#-7'--A>#L1,@%'1%/+#%1,(1&%,# (--/&**,+# 7%.# 8%.# 7%%+.%# /%&1-&%'(># J7# (%# 1,)1++%'@-+.%,# 2*,# "X# .%# -,.'-A%,<# ='13@.#(*.#)1,@%'1%/+#%%,#2--/@%0/#8%==%,#2--/#8%.#01.&%2%,#2*,#/%&1-&%'(>#I--/(*.# /%&1-&%'(#%%,#(%70//*&%#5-7=1,%%/.#7%.#1,)1++%'@-+.%,#)-/(.#(%#-7'--A+,%'8%1(# 2*,#/%&1-&%'(#-A&%2-%/(#F`1%.*%/#_#j%,,%(Q#V;;cZ#!;\G>#S%,#'**.+.%#7-&%'13@8%1(#1+# -7# /%&1-&%'(# 01.# .%# &%2%,# **,# 8%.# A'**.+%,# 2*,# *(2%/.%,.1%+# 1,# (%# '-@*'%# @/*,.># J7(*.# )1,@%'1%/+# ,-/7*'1.%/# "# .-.# !;X# 2*,# (%# .-.*'%# -7D%.# /%%(+# +A%,(%/%,# **,# A/-7-.1%<#@*,#/%&1-&%'(#(%#@-+.%,#(%@@%,#2*,#A0='151.%1.#F`1%.*%/#_#j%,,%(Q#V;;cZ# !;"d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m,./-(05%%/(#1,#l/1%,#Fb*2*/1*G#(--/#%%,#&/-%A# 2*,# D%+# +.0(%,.%,# 2*,# (%# 9L*'(-/4+58--'R<# +*7%,# 7%.# 80,# A/-3%5.'%1(%/# O8/1+.1*,# C%''%/1># l/-4># I%5'*,# %,# a*/&/1.# j%,,%(Q# =-(%,# .%2%,+# -,(%/+.%0,1, 1,# 8%.# -AD%..%,#2*,#8%.#A/-3%5.>#E,#%%/+.%#1,+.*,.1%#)*/%,#8%.#(%#-0(%/+#2*,#(%#+58--'#(1%# 80,# S0/-R+# 1,)1++%'(%,# 2--/# O81%7&*0%/+># I%# =-,0+# (1%# D13# -,.21,&%,# -A# (%# **,+58*4# 2*,# O81%7&*0%/+# )%/(# &%m,2%+.%%/(# 1,# (%# 7-(%/,1+%/1, 2*,# (%# +58--'># O81%7&*0%/R+#+055%+#(--/#(%#3*/%,#8%%,<#)*+#(%#+A1,d-44#2--/#,1%0)%#2%/&%'13@=*/%# A/-&/*77*R+# %'(%/+# 1,# I01.+'*,(# (1%# &%D*7%,'13@# =%@%,(# )%/(%,# -,(%/# (%# ,**7# c"#
P%&1-&%'(># ?%.# D13,# 2--/*'# (%# '*,(%'13@%# &%=1%(%,# 2*,# I01.+'*,(# 1,# 2%/2*'<# )**/# P%&1-&%'(#A/-&/*77*R+#-,.+.**,#F`1%.*%/#_#j%,,%(Q#V;;cZ#]"G># # ;*9:.7#%+#,%7%<%+1-# # ;/<#)$&%)&@"8%,& B1,(+#/%&1-&%'(#1,#V;;V#-,.+.-,(<#2%/+A/%1((%#8%.#1(%%#D158#+,%'#(--/#I01.+'*,(#%,# 01.%1,(%'13@#--@#,**/#(%#-7/1,&%,(%#'*,(%,#T%(%/'*,(<#J-+.%,/13@#%,#$)1.+%/'*,(># I%# 9P-'*,(R# )*+# 8%.# *''%/%%/+.%# P%&1-&%'(# 1,1.1*.1%4#%,#-,.+.-,(#1,#b/%7%,#1,#V;;V>#I%# P-'*,(# )%/(# *'# +,%'# -2%/+58*(0)(# (--/# 8%.# +055%+# 2*,# (%# O81%7&*0%/# (1%# %%,# 3**/# '*.%/# )%/(# &%m,./-(05%%/(># E,# a%1# V;!;# =%+.-,(%,# %/# 1,# .-.**'# Yg# /%&1-&%'(# 1,1.1*.1%2%,# FL1@1A%(1*# I01.+'*,(# V;!;G># C%''%/1# +.%'.# (*.# 1,# V;;]<# V\# /%&1-&%'(# A/-&/*77*R+# *5.1%4# )*/%,# %,# ,- %%,+# :\# A/-&/*77*R+# 1,# 4*+%# 2*,# -,.)1@@%'1, FC%''%/1# V;;]Z# Y\G># I*.# D-0# =%.%@%,%,# (*.# (%#&/-%1#1,#8%.#**,.*'#/%&1-&%'(#1,1.1*.1%2%,# +.%/@# 1+# *4&%,-7%,># E,# %%,# 1,.%/21%)# 7%.# a*/&/1.# j%,,%(Q# FV;!;G# @)*7# (1.# /%%(+# ,**/# 2-/%,># $13# =%2%+.1&(# (*.# (%# &/-%1# +.*&,%%/.[# D-)%'# 8%.# **,.*'# A/-&/*77*R+# *'+# 8%.# **,.*'# (%%',%7%/+# %,# (%# 3**/'13@+%# -7D%.# ,%7%,# *4># ?%.# D-0# @0,,%,# (*.# P%&1-&%'(#8%.D%'4(%#'-.#-,(%/&**.#*'+#`SkB>## # J2%/#8%.#*'&%7%%,#1+#%/#)%1,1,4-/7*.1%#=%+581@=**/#-2%/#8%.#**,.*'#(%%',%7%/+# %,# (%# 3**/'13@+%# -7D%.# 2*,# P%&1-&%'(# A/-&/*77*R+># E,# 8%.# &%2*'# 2*,# O81%7&*0%/<# ,%7%,# %,@%'%# 8-,(%/(%,# '-@*'%# -,(%/,%7%/+# (%%'# **,# 8%.# A/-&/*77*># E,# V;;]# )*/%,#51/5*#V";;#5-,+07%,.%,#&-%(#2--/#%%,#-7D%.#1,#O81%7&*0%/#.%/#)**/(%#2*,# !;;>;;;#S0/-#A%/#7**,(#FC%''%/1#V;;]Z#g;G>#I%#3**/'13@+%#-7D%.#1,#V;;\#=%(/-%:>Y# 71'3-%,#S0/-<#%%,#-7D%.+.13&1,*,#:;X#.%,#-AD158..%#2*,#V;;g#F1=1(Z#gVG>#?1%/=13# 7-%.# )-/(%,# -A&%7%/@.# (*.# O81%7&*0%/# 2%//%)% 8%.# &/--.+.%# P%&1-&%'(# A/-&/*77*# 1+# %,# (**/-7# ,1%.# /%A/%+%,.*.1%4# 1+# 2--/# *''%# =%+.**,(%# P%&1-&%'(# A/-&/*77*R+>## # =(**%22%)&%)&>"8?.%/%)H&& J,(*,@+#%%,#&%+.*&%#&/-%1#2*,#8%.#**,.*'#P%&1-&%'(#1,1.1*.1%2%,#+1,(+#8%.#-,.+.**,# 1,#V;;V<#D13,#%/#%%,#**,.*'#=%'%77%/1,&%,#2--/#2%/(%/#+055%+>#T%.#D-*'+#8%.#&%2*'#1+# 7%.#(%#7%%+.%#5-7A'%7%,.*1/%#70,.%,<#1+#%/#%%,#&%=/%@#**,#@,-)d8-)<#%%,#.%@-/.# **,# 41,*,51%/1,&<# *48*,@%'13@8%1(# 2*,# F-,A/-4%++1-,%'%G# 2/13)1''1&%/+# %,# %%,# D)*@# =0+1,%++# 7-(%'># O/1.151# )13D%,# %/-A# (*.# %/<# ,**+.# 1(%-'-&1+58%# -2%/)%&1,&%,<# &%%,# +.%/@%# A/1@@%'# **,)%D1 # 1+# -7# 5-,+07%,.%,# %/.-%# .%# 2%/'%1(%,# P%&1-&%'(# *'+# =%.**'71((%'# .%# &%=/01@%,# 1,# A'**.+# 2*,# 80,# S0/-R+># ?-%)%'# %%,# =-,0+# 8%.# cY#
1,)1++%'%,# 2*,# S0/-R+# 2--/# O81%7&*0%/+# **,./%@@%'13@# 7**@.<# =%.%@%,.# 8%.# --@# *0.-7*.1+58#%%,#+.%/@%#=%A%/@1,,#(%#=%+.%(1,&+7-&%'13@8%(%,>#P%&1-&%'(#D-0#(%# @%0D%2/138%1(# 2*,# 5-,+07%,.%,# +.%/@# 1,A%/@%,># a%.# ,*7%# (%# *4)%D1&8%1(# 2*,# %%,# 5'%*/1,&8-0+%#F%%,#2--/D1%,1,)**/7%%#2%/+581''%,(%#.QA%,#P%&1-&%'(#2--/#%'@**/# -7&%)1++%'(# @0,,%,# )-/(%,G# 1+# 1,# (1.# -AD158.# %%,# +.%/@# &%71+># P%&1-&%'(# =%A%/@.# --@#=%(/132%,#1,#80,#7-&%'13@8%(%,#-7#=%A**'(%#&-%(%/%,#%,#(1%,+.%,#*4#.%#,%7%,# (1%# ,1%.# =%+581@=**/# D13,# =1,,%,# 8%.# P%&1-&%'(# ,%.)%/@># j-/.# &%D%&(# =/%,&.# 8%.# &%=/01@# 2*,# P%&1-&%'(# %%,# 5-7A/-71+# 7%.# D158# 7%%# %,# ,1%.# D-D%%/# *''%%,# 7**/# 2--/(%'%,># k%,+'-..%# =%+.**.# %/# @/1.1%@# -A# (%# 5'*17# (*.# P%&1-&%'(# **,# %%,# (00/D*7%/%# %5-,-71%# D-0# =13(/*&%,># I--/# (%# +,%''%/%# -7'--A+,%'8%1(# 2*,# &%'(# ,%%7.#(%#5-,+07A.1%#.-%<#)*.#%%,#&/-.%/%#**,+'*-A#8%.#71'1%0#.%)%%D-0#@0,,%,# =/%,&%,>#P%&1-&%'(#1+#(%+-,(*,@+#%%,#/%'*.1%4#+055%+2-'#5-7A'%7%,.*1/#&%'(#7-(%'# 1,#I01.+'*,(<#7**/#(%#.13(#7-%.#01.)13D%,#-4#8%.#+055%+#D158#2--/D%.># # # #
cg#
K"#L5**%0.1:'#L0%(17#L10.M17#EL!F# # # )'&%*%+%#,%-./01231+ # O:#1+#%%,#1,,-2*.1%#2*,#(%#B-51*'#k/*(%#J/&*,1D*.1-,#FBkPJG#1,#+*7%,)%/@1,%.# (%# L%/%'(# b*,@# FE,.%/dN7%/15*,# I%2%'-A7%,.# b*,@G<# (%# H%/%,1&(%# T*.1%+# Fq,1(-# %,# E`JG<# (%# S0/-A%+%# O-771++1%# %,# 8%.# T%(%/'*,(+%# a1,1+.%/1%# 2*,# J,.)1@@%'1,&++*7%,)%/@1,&>#O:#1+#%%,#b0+1,%++d.-db0+1,%++#5-7A'%7%,.*1/%#70,.# (1%#=1,,%,#%%,#'-@**'#,%.)%/@#51/50'%%/.>## # O:#1+#%%,#&%'(A/-&/*77*#(*.#%/-A#&%/158.#1+#(%#'1h01(1.%1.+A-+1.1%#2*,#71((%'&/-.%# %,#@'%1,%#-,(%/,%71,&%,#.%#2%/=%.%/%,>#ajbR%/+#)-/(%,#2**@#&%5-,4/-,.%%/(#7%.# (%# ,--(D**@# -7# '%2%/*,51%/+# 1,# %%,# @-/.# .13(+=%+.%@# .%# 7-%.%,# *4=%.*'%,<# .%/)13'# 80,# %1&%,# @'*,.%,# &0,+.1&%# =%.*'1,&+2--/)**/(%,# 8%==%,# )%.%,# *4# .%# ()1,&%,># E,# *,(%/%# )--/(%,<# ajbR%/+# 7-%.%,# 2**@# ,0# =%.*'%,<# 7**/# 80,# 1,@-7+.%,# '*.%,# -A# D158#)*58.%,#)**/(--/#D13#(1/%5.#%%,#.%@-/.#8%==%,#**,#)%/@@*A1.**'>#?%.#1+#2**@#(%# +.%/@%# A-+1.1%# 2*,# &/-.%# /%.*1'%/+# (1%# 2%/*,.)--/(%'13@# 1+# 2--/# (%# +1.0*.1%+# )**/1,# ajbR%/+#D158#=%21,(%,[#D13#2%/%1+%,#+,%'#=%.**'(#.%#)-/(%,<#7**/#=%.*'%,#D%'4#*'.13(# D-# '**.# 7-&%'13@># ?%.# '-&1+58%# &%2-'&(# 1+# (*.# ajbR%/+# 2**@# =%8-%4.%# 8%==%,# **,# -2%/=/0&&1,&+@/%(1%.#-7#80,#'%2%/*,51%/+#*4#.%#=%.*'%,># # ajbR%/+# FD-*'+# @'%1,%# )1,@%'1%/+G# 8%==%,# 2**@# 8%.# 7%/%,(%%'# 2*,# 80,# @*A1.**'# &%m,2%+.%%/(# 1,# 2'-..%,(%# *5.12*# %,# ,1%.# D-D%%/# 1,# 2*+.%# *5.12*># b*,@%,# 2%/%1+%,# %58.%/#2*+.%#*5.12*#*'+#-,(%/A*,(#=13#8%.#**,2/*&%,#2*,#%%,#'%,1,&>#I**/,**+.#D13,# =*,@%,# %,@%'# &%m,.%/%++%%/(# 1,# '*,&%# .%/713,# '%,1,&%,# 2*,# =%8--/'13@%# -72*,&># j'%1,%# @-/.%# .%/713,# '%,1,&%,# %,# -2%/=/0&&1,&+@/%(1%.%,# D13,# 5-77%/51%%'# ,1%.# **,./%@@%'13@>#I%#41,*,516'%#5/1+1+#8%%4.#=*,@%,#,-.%/0&8-0(%,(%/#&%7**@.#1,#8%.# 2%/+./%@@%,# 2*,# '%,1,&%,># ?%.# &%2-' 1+# (*.# ajbR%/+# D158# 1,# %%,# =%,*/(%# A-+1.1%# =%21,(%,>#$13#D1%,#&%%,#@*,+#%%,#-2%/=/0&&1,&+@/%(1%.#*4#.%#+'01.%,#-4#=%.*'%,#(**/# (%#8--4(A/13+#2--/># # O:# =1%(.# %%,# -A'-++1,&># O-77%/51*'# O/%(1.# O1/501.# 1+# %%,# 1,+./07%,.# (1%# .)%%# =%+.**,(%# 1,+./07%,.%,# 7%.# %'@**/# 5-7=1,%%/.[# 4*5.-/1, %,# =%.**'+./05.0/%,# (1%# )%#--@#)%'#1,#?-'(1,&+#.%/0&21,(%,#FH*,#?1'.%,#V;;]*Z#![#]G>#J7(*.#94*5.-/1,&R#%,# =%.**'+./05.0/%,# 2*,# ?-'(1,&+# 2**@# ,1%.# =%+581@=**/# D13,# 2--/# ajbR%/+<# 1+# O:# %%,# 1,.%/%++*,.#*'.%/,*.1%4># # ^*5.-/1, 1+# %%,# 7%58*,1+7%# (*.# ,-/7*'%# =*,@%,# 2**@# .-%A*++%,># b%(/134# N# F(%# @'*,.G# 7-%.# D13,# 01.+.**,(%# +580'(# **,# =%(/134# b# *4=%.*'%,<# 7**/# @*,# (*.# *''%%,# 1,# .%/713,%,#-4<#'*.%,#)%#D%&&%,<#!V;#(*&%,>#b%(/134#b#D1.#%58.%/#%58.#1,#&%'(,--(#-7# =%(/134# O# F(%# '%2%/*,51%/G# .%# @0,,%,# *4=%.*'%,># a%.# 94*5.-/1,&R<# ,%%7.# (%# =*,@# (%# +580'(%1+#2*,#=%(/134#b#3%&%,+#=%(/134#N#-2%/>#b%(/134#b#@/13&.#(1/%5.#8%.#&%'(#2*,#(%# =*,@# 01.&%@%%/(># b%(/134# N# =%.**'.# 1,# .%/713,%,# -4# ,*# !V;# (*&%,# 8%.# &%8%'%# =%(/* *'+,-**,#(%#=*,@>#b%(/134#b#+.%'.#%%,#-,(%/A*,(#.%/#=%+581@@1,**,#(%#=*,@#*'+# c\#
&*/*,.1%#2--/#=%.*'1,&>#I%#=*,@#+581%.#(0+#+17A%')%%.#&%'(#2--/#(*.#=%(/134#b#,- .%&-%(# 8%%4.# 2*,# =%(/134# N># C%=/01@# 7*@%,# 2*,# 94*5.-/1,&R# 1+# %58.%/# %/ (00/<# %,# ajbR%/+# 8%==%,# (--/&**,+# ,1%.# 8%.# 2%/%1+.%# -,(%/A*,(# (*.# @*,# (1%,%,# *'+# -,(%/A*,(#2--/#8%.#2--/&%+58-.%,#=%(/*&>## # E,#?-'(1,&+<#D-*'+#a5I-,*'(R+<#D13,#7%%/(%/%#=%(/132%,#F=132--/=%%'(#(%#2%%8-0(%/<# 8%.# +'*58.801+<# (%# %e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ajbR%/+># # O:#D%.#%%,#'-@**'#,%.)%/@#2*,#ajbR%/+#-A#(1%#%'@**/#=%.*'%,#7%.#O:d&%'(#1,#A'**.+# 2*,#S0/-R+>#H--/#(%#=%.*'1,&%,#7*@%,#D%#&%=/01@#2*,#%%,#-,'1,%#=%.**'/%@%,1,&>#a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k-.# D-2%//%#1+#%/#&%%,#2%/+581'#7%.#4*5.-/1,&<#=%8*'2%#(*.#=%(/134#N#&%%,#%0/-R+#7**/#O:# ,%.)%/@&%'(#-,.2*,&.>##b%(/134#N#&%=/01@.#8%.#O:d&%'(#-7#D13,#+580'(%,#*4#.%#=%.*'%,# =13#(%#'%2%/*,51%/>#I1%#7-%.#-7#O:d&%'(#.%#@0,,%,#*55%A.%/%,#%%/+.#(%%',%7%/#**,# 8%.#,%.)%/@#)-/(%,#%,#%%,#=%.**'/%@%,1,-A%,%,>#I%#'%2%/*,51%/#8%%4.#&%%,#*,(%/# @%0+# (*,# O:d&%'(# .%# *55%A.%/%,<# -7(*.# =%(/134# N# ,1%.# 1,# +.**.# 1+# -,71((%''13@# 1,# S0/-R+#.%#=%.*'%,>#a%.#O:#)-/(.#%%,#&%'(.%&-%(#F+580'(=%)13+G#(0+#(1/%5.#-7&%D%.# 1,#=/01@=**/#&%'(># # ?%.#1+#(%#'%2%/*,51%/#.%#*''%,#.13(%#.-%&%+.**,#-7#O:d&%'(#1,#.%#)1++%'%,#2--/#S0/-R+># I%#'%2%/*,51%/#=%.**'.#81%/2--/#1,)1++%'@-+.%,>#?%.#1+#(**/-7#**,./%@@%'13@%/#2--/# 8%7#-7#8%.#O:#&%'(#=13#=%(/134#O#F%%,#2*,#(%#**,&%+'-.%,#=%(/132%,G#=1,,%,#8%.#O:d ,%.)%/@#.%#=%+.%(%,<#1,#A'**.+#2*,#=13#%%,#=%(/134#(**/=01.%,#FH*,#?1'.%,#V;;]*Z#]d !;G>#I**/7%%#2%/+.%/@%,#(%#=%(/132%,#**,&%+'-.%,#=13#8%.#,%.)%/@#%'@**/#-,(%/'1,&># a%.# 1,)1++%'@-+.%,# ='134.# 8%.# 7%%+.%# O:d&%'(# =1,,%,# 8%.# ,%.)%/@# 51/50'%/%,>#
c]#
b-2%,(1%,#2%/+,%'.#O:#(%#-7'--A+,%'8%1(#2*,#&%'(VV>#k%,+'-..%#8%==%,#%/#7%%/(%/%# =%.*'1,&%,#A'**.+&%2-,(%,<#.%/)13'#(%#+580'(%1+#A*+#,*#!V;#(*&%,#(**()%/@%'13@#1+# *4=%.**'(># L*,,%%/# =%(/134# O# &%%,# 7-&%'13@8%(%,# D1%.# -7# 8%.# O:d&%'(# .%# =%+.%(%,# @*,# 813# (1.# *'+,- 1,)1++%'%,># ?13# *55%A.%%/.# (%# 1,)1++%'@-+.%,<# )%.%,(%# (*.# 813# (%# '%2%/*,51%/#,1%.#*'+#@'*,.#**,&%./-@@%,#D-0#8%==%,#*'+#813#&%%,#(%%'#01.&%7**@.#D-0# 8%==%,#2*,#8%.#O:d,%.)%/@#FH*,#?1'.%,#V;;]*Z#\G># # j-/.# &%D%&(# 7**@.# O:# 5-77%/516'%# ./*,+*5.1%+# 7-&%'13@# ,- 2--/(*.# 8%.# &%'(# (**()%/@%'13@#=%+581@=**/#1+>#?%.#&%%4.#(%%',%7%/+#1,#8%.#,%.)%/@#(%#7-&%'13@8%1(# 8*,(%'# .%# ='132%,# (/132%,<# D-,(%/# .%# 8-%2%,# )*58.%,# -A# 8%.# &%'(# 2*,# 80,# @'*,.%,<# (--/#7%.#&%'(.%&-%(%,#.%#=%.*'%,#*'+-4#8%.#*'#5-,.*,.#&%'(#)*+># # 45%'## # O-77%/51*'# O/%(1.# O1/501.# FO:G# 1+# %%,# &%'(A/-&/*77*# (*.# .-.# (-%'# 8%%4.# -7# (%# 41,*,516'%# A-+1.1%# 2*,# 8%.# ajb# %,# (%# /%6'%# %5-,-71%# .%# 2%/+.%/@%,># ?%.# ajb# 1+# 2%/*,.)--/(%'13@# 2--/# ";X# 2*,# (%# )%/@&%'%&%,8%1(<# %,# 2--/# =13,*# ";X# 2*,# 8%.# bTl<# %,# 2-/7.# =-2%,(1%,# %%,# =%'*,&/13@%# &/-%A# -A# 8%.# &%=%1(# 2*,# 1,,-2*.1%# %,# (00/D**78%1(># I**/7%%# 1+# 8%.# ajb# =%(/134+'%2%,# 2*,# 21.**'# =%'*, 2--/# %%,# &%D-,(%# %5-,-71%># a**/# 2%%'# ajbR%/+# 8%==%,# 7-%1.%# 8%.# 8--4(# =-2%,# )*.%/# .%# 8-0(%,<#)*.#2**@#.%#7*@%,#8%%4.#7%.#%%,#&%=/%@#**,#)%/@@*A1.**'>#S%,#&%=/%@#**,# )%/@@*A1.**'# @*,# .-.# %%,# ,%%/)**/.+%# +A1/**'# '%1(%,[# +,13(%,# 1,# (%# @-+.%,# FD-*'+# 1,,-2*.1%<# 1,2%+.%/1,&%,# %,# A%/+-,%%'G# )**/7%%# (%# 5-,50//%,.1%A-+1.1%# 2%/+'%58.%/(<# '*&%/%# 1,@-7+.%,# %,# )%(%/-7# %%,# &%=/%@# **,# )%/@@*A1.**'># ?%.# O:# ,%.)%/@#2--/D1%.#ajbR%/+#2*,#)%/@@*A1.**'#-A#=*+1+#2*,#&%'(#(*.#D13#.%&-%(#8%==%,# 2*,# @'*,.%,<# )**/# =*,@%,# ,1%.# 1,# +.**.# D13,# F-4# ,1%.# =%/%1(# D13,G# )%/@@*A1.**'# .%# 2%/+58*44%,>#I--/#)%/@@*A1.**'#**,#ajbR%/+#.%#2%/+58*44%,#D13,#D13#1,#+.**.#+580'(%,# *4#.%#=%.*'%,<#**,@-A%,#.%#(-%,#%,#.%#1,2%+.%/%,>## # 6+78%09.017%01:# # # !"#$%"& T%.# D-*'+# `SkB<# b*/.%/+# %,# k13(=*,@%,# )-/(.# %/# 1,# O:# &%%,# &%=/01@# &%7**@.# 2*,# 5-,.*,.#&%'(<#7**/#=%+.**.#8%.#&%'(#%,@%'#%'%@./-,1+58#1,#%%,#-,'1,%#*(71,1+./*.1%>#E,# ######################################################## VV#O:#1+#&%=*+%%/(#-A#(%#2%/-,(%/+.%''1,(*.#%5-,-71+58%#&/-%1#,1%.#*''%%,#%%,#&%2-'+#2*,#(%#
8-%2%%'8%1(#&%'(<#7**/#--@#(%#+,%'8%1(#)**/7%%#(%D%#51/50'%%/.#Fl%@%'+7*#V;;]G>#?%.#)*+#(%# N7%/1@**,+#%5-,--7#E/21,^1+8%/#(1%#(%D%#.8%-/1%#1,./-(05%%/(%#**,#8%.#=%&1,#2*,#(%#V;%#%%0)># H-'&%,+#^1+8%/#@*,#(%#-72*,*,#(%#%5-,-71%#)-/(%,#01.&%(/0@.#1,#(%#4-/70'%#aHrlz#Fa-,%Q#e# H%'-51.Q#r#l/15%#e#z0*,.1.QG#FH*,#?1'.%,#V;;]=Z#VG>##I%#./*(1.1-,%'%#=%,*(%/1,-7#%5-,-71+58%# *5.121.%1.#.%#+.170'%/%,#1+#-7#(%#&%'(8-%2%%'8%1(#.%#2%/&/-.%,#F=>2>#(--/#7%%/#'%,1,&%,#.%# 2%/+./%@@%,<#8%==%,#7%,+%,#7%%/#.%#=%+.%(%,G>#I%#@%%/D13(%#81%/2*,#1+#1,4'*.1%>#a%.#O:#)-/(.# &%+.%'(#(*.#(%#/-'#2*,#(%#-7'--A+,%'8%1(#2*,#&%'(#FHG#%%,#4*5.-/#1+#(1%#2**@#,1%.#1,#-2%/)%&1,)-/(.# &%,-7%,>#
";#
.%&%,+.%''1,.-.#`SkB<#b*/.%/#%,#k13(=*,@%,#40,5.1-,%%/.#O:#,1%.#*'+#%%,#)%(%/D13(+# @/%(1%.+Q+.%%7<#)**/#A-+1.1%2%#+*'(1#*''%%,#@0,,%,#=%+.**,#,**+.#,%&*.1%2%#+*'(1>## # '()*+,%&-"(,./,00%.1&23##"/,00%.1&"%4%)/,00%.5& O:# 1+# 01.&%2-,(%,# -7# (%# ./*,+*5.1%+# .0++%,# ajbR%/+# .%# 2%/+,%''%,># E,# %,@%'%# O:# 17A'%7%,.*.1%+# 1+# %/# +A/*@%# 2*,# %%,# (%70//*&%# -7# 01.&*2%,# .%# =%2-/(%/%,># k%&%'13@%/.13(#-,.2*,&%,#**,&%+'-.%,#=%(/132%,#&%%,#/%,.%#-2%/#8%.#O:d&%'(#-A#80,# =%.**'/%@%,1,&># q1.# A/*@.1+58%# -2%/)%&1, 1+# --@# O:d&%'(# &%(%,-71,%%/(# 1,# 5-,2%,.1-,%%'#&%'([#!#O:#5/%(1.#1+#!#S0/-fI-''*/fp%,#%.5>#)**/(>## # 6,+$,7+%3"8*%0("%&& N'#8%.#O:#)-/(.#1,#-7'--A#&%=/*58.#-A#=*+1+#2*,#&%'(#(*.#%%,#=%(/134#.%&-%(#8%%4.># I*.# .%&-%(# 7-%.# =%)%D%,# %,# 2%/D%@%/(# )-/(%,# *'2-/%,+# O:d&%'(# )-/(.# 2%/+./%@.># ?%.#O:#&%'(#1+#(0+#&%(%@.#(--/#5-,2%,.1-,%%'#&%'(#(*.#1,#(%#,*=13%#.-%@-7+.#=%.**'(# D*'# )-/(%,# **,# (%# O:d-/&*,1+*.1%># O:# &%'(# 1+# (**/7%%# --@# 1,)1++%'=**/# 2--/# 5-,2%,.1-,%%'#&%'(>#I*.#=/%,&.#(%#@*,+#7%.#D158#7%%#(*.#%%,#=%(/134#D13,#O:d&%'(#)1'# 1,)1++%'%,<#,---/(*.#(%#O:d-/&*,1+*.1%#(**()%/@%'13@#&%'(#8%%4.#-,.2*,&%,#2*,# (%# (%=1.%0/># I%# O:# -/&*,1+*.1%# 8%%4.# -A# (*.# 7-7%,.# ,1%.# (1/%5.# 2-'(-%,(%# &%'(# =%+581@=**/># J7# D-R,# +1.0*.1%# .%# @0,,%,# -A2*,&%,# 8%%4.# (%# O:d-/&*,1+*.1%# %%,# -2%/%%,@-7+.# 7%.# %%,# 41,*,516'%# 1,+.1.0.1%# 2--/# 8%.# 2%/+./%@@%,# 2*,# %%,# @-/.%# .%/713,# '%,1,&># I1%# +.%'.# 8%.# =%(/134# *'+,- 1,# +.**.# O:d&%'(# 1,# .%# )1++%'%,# 2--/# 5-,2%,.1-,%%'#&%'(>#b%(/132%,#=%.*'%,#1,#(*.#&%2*'#)%'#2--/#(%#@-+.%,#2*,#(%#@-/.%# .%/713,# '%,1,&<# 1,# **,20''1, -A# (%# *(71,1+./*.1%2%# @-+.%,># E,# )%/@%'13@8%1(# D*'# %58.%/<# 2*,# *''%# +580'(%1+%,# (1%# (%# O:d-/&*,1+*.1%# =%D1.<# %%,# **,D1%,'13@# (%%'# /%%(+# F(%%'+G#*4=%.**'(#D13,>#S/#1+#(0+#*'.13(#%%,#4/*5.1-,%'%#/%+%/2%#*'+#(%@@1,--/#8%.#O:# &%'(#1,#-7'--A>## # k%,# .)%%(%# )-/(%,# %/# O:# @/%(1%.%,# 2%/+./%@.# **,# =%(/132%,# (1%# =%8-%4.%# 8%==%,# **,#)%/@@*A1.**'>#?%.#=%.%@%,.#%1&%,'13@#(*.#=%(/132%,#O:d&%'(#-,.2*,&%,#-A#=*+1+# 2*,#(%#.-%@-7+.1&%#1,@-7+.%,#(1%#D13#D0''%,#/%*'1+%/%,>#I%#'%,1,+#/%,.%2/13Z#1,#8%.# &%2*'#2*,#(%#O:#1,#q/0&0*Q#=/%,&.#BkPJ#%%,7*'1!>"X<#%,#(%#2%/D%@%/**/#%%,7**'# :X#2*,#8%.#&%'%%,(%#=%(/**'+#@-+.%,#1,#/%@%,1,&># # 982+%)0%44,)$& O:# 1+# %%,# 1,1.1*.1%4# D-,(%/# )1,+.--&7%/@# )*.# (%# @-+.%,# 2*,# 8%.# O:# A/-&/*77*# D-# '** 7-&%'13@# 8-0(.># N''%# @-+.%,# )-/(%,# 1,.%/,# .%/0 2%/(1%,(># b%(/132%,# =%.*'%,# 2--/# 8%.# @%0/%,<# 2%/D%@%/%,# %,# 2--/+581%.%,# 2*,# (%# +580'(%1+%,# -4# -,=%.**'(%# 4*5.0/%,# (1%# D13# **,'%2%/%,># I**/,**+.# 8%==%,# ./*,+*5.1%@-+.%,<# 1,)1++%'@-+.%,# %,# %%,# (%70//*&%# %%,# =%'*,&/13@# **,(%%'# 1,# (%# 1,@-7+.%,# 2--/# (%# O:# -/&*,1+*.1%># E,# O:q# =%(/**&.# (%# (%70//*&%# ;>"X# A%/# 3**/># I**/,**+.# -,.2*,&.# (%# O:# -/&*,1+*.1%# &%'(#2--/##8%.#2%/+./%@@%,#2*,#'%,1,&%,#1,#O:d&%'(>#I%#%e*5.%#@-+.%,#2*,#./*,+*5.1%+<# 1,)1++%'%,<# (%70//*&%<# '%,%,<# @%0/%,<# 2%/D%@%/%,# %,# 2--/+581%.%,# 2%/+581''%,# A%/# O:#17A'%7%,.*.1%># # # # "!#
;*9'%*%+7:71%#%+#6+7-7::+-&%-./1%(%+1-# # I%# O:# 7%.8-(-'-&1%# )%/(# 1,# V;;:# 1,# 2%/+581''%,(%# `*.13,+# N7%/1@**,+%# '*,(%,# &%m,./-(05%%/(Z#q/0&0*Q<#?-,(0/*+<#S'#B*'2*(-/<#O-+.*#P15*#%,#b/*D1'16>#a-7%,.%%'# 2%/@%,.#(%#O:#-/&*,1+*.1%#7-&%'13@8%(%,#-7#(%#7%.8-(-'-&1%#--@#1,#(%#H%/%,1&(%# B.*.%,#%,#'*,(%,#2*,#(%#S0/-A%+%#q,1%#.%#17A'%7%,.%/%,#FH*,#?1'.%,#V;;]=G># # a%.# ,*7%# 1,# q/0&0*Q<# 1+# (%# O:# 7%.8-(-'-&1%# 1,# %%,# 2%/&%2-/(%/(# +.*(107># JA# 01.,-(1&1, 2*,# (%# q/0&0*Q**,+%# -2%/8%1(<# D*'# O:# -A# '*,(%'13@# ,12%*0# )-/(%,# 01.&%/-'(# 1,# (%# D-7%/# 2*,# V;!;># q/0&0*Q# 1+# (%5%,,1*# '*, %%,# 2*,# (%# 7%%+.# )%'2*/%,(%#'*,(%,#2*,#`*.13,+#N7%/1@*#&%)%%+.>#I%#41,*,516'%#5/1+1+#2*,#V;;VdV;;:# 8*(# %58.%/# (%+*+./%0D%# &%2-'&%,# 2--/# (%# /%6'%# %5-,-71%># L%/@'--+8%1(<# 4*1''1++%7%,.%,<# &/-.%# 41,*,51%/1,&+.%@-/.%,<# %,# %%,# (*'%,(%# @--A@/*58.# )*/%,# 8%.# &%2-'&>#a%.#1,2%+.%/1,&%,#2-'&%,#--@#1,@-7+.%,>#a**/#7%.#%%,#&%=/%@#**,#&%'(#-7# .%# 1,2%+.%/%,<# @-7.# %5-,-71+58%# &/-%1# .-.# +.1'+.*,(># a%.# ,*7%# 8%.# ajb# =%(/134+'%2%,#-,(%/2-,(#A/-='%7%,#7%.#8%.#2%/@/13&%,#2*,#@/%(1%.%,>#E,#(%#A-&1, 2*,# =*,@%,# 80,# &%'(/%+%/2%+# **,# .%# 20''%,<# )*+# %/# 2%%'# 71,(%/# &%'(# 1,# -7'--A# %,# )%/(%,#*''%%,#'%,1,&%,#2%/+./%@.#-,(%/#+./%,&%#2--/)**/(%,#FH*,#?1'.%,#V;;]Z#]G># I%# O:# 7%.8-(-'-&1%# )%/(# &%m,./-(05%%/(# -7# 8%.# .%@-/.# **,# ,*.1-,**'# &%'(# -A# .%# 2*,&%,<#%,#%5-,-71+58%#*5.121.%1.#)%%/#-A#&*,.%#=/%,&%,>#S%,#0,1%@#*+A%5.#2*,#(%# O:#7%.8-(%#1,#q/0&0*Q#FO:qG#1+#(*.#*''%#+.**.+=%(/132%,#F)*.%/<#%,%/&1%<#-A%,=**/# 2%/2-%/#%,#5-770,15*.1%G#O:d&%'(#D0''%,#*55%A.%/%,#%,#(*.#--@#=%'*+.1,&%,#@0,,%,# )-/(%,#*4&%(/*&%,#1,#O:d&%'(>#I*.#7**@.#(*.#O:d&%'(#1,#q/0&0*Q#2%%'#&%7*@@%'13@# (--/#=%(/132%,#*'+#=%.**'71((%'#&%*55%A.%%/(#D*'#)-/(%,># # E,#l-/.-#N'%&/%#Fb/*D1'16G#)*+#(%#(1/%5.%#**,'%1(1,--/#8%.#1,./-(05%/%,#2*,#O:#(%# +58/1@=*/%,(%#/%,.%#2*,#:;X#FH*,#?1'.%,#V;;]*Z#\G>#I**/(--/#-,.+.-,(#%%,#50'.00/# )**/1,#7%,+%,#%'@**/#1,#.%/713,%,#=%&-,,%,#.%#=%.*'%,<#-7##8%.#'%,%,#2*,#&%'(#.%# 2--/@-7%,># b%(/132%,# A/-=%/%,# 80,# )%/@@*A1.**'# -A# A%1'# .%# 8-0(%,# (--/# D-# '**.# 7-&%'13@#+580'(%,#*4#.%#=%.*'%,<#%,#.%&-%(%,#D-#+,%'#7-&%'13@#.%#1,,%,#FH*,#?1'.%,# V;;]*Z#:G>#C/-.%/%#-/&*,1+*.1%+#2%/@%/%,#1,#(%D%#+1.0*.1%+#1,#%%,#=%.%/%#A-+1.1%#-7# &-%(%# =%.*'1,&+2--/)**/(%,# *4# .%# ()1,&%,># ?%.# ajb# =%(/134+'%2%,# )%/(# 2**@# &%5-,4/-,.%%/(#7%.#1,@-7+.%,#-A#'*,&%/%#.%/713,<#7**/#(1/%5.%#@-+.%,#%,#01.&*2%,># I%# O:# 7%.8-(-'-&1%# )%/(# &%m,./-(05%%/(# -7# =%(/132%,# %%,# *'.%/,*.1%4# =%.**'71((%'#.%#=1%(%,>#k%&%,)--/(1D13,#%/#51/5*#!;;;#=%(/132%,#*5.1%4#1,#8%.#O:# ,%.)%/@#9O-7A/*+R>## # ;*9:.7#%+#,%7%<%+1-# # ;/<#)$&%)&@"8%,& O:# )%/(# 1,# V;;"# &%'*,5%%/(# 1,# ?-,(0/*+<# S'# B*'2*(-/<# O-+.*# P15*# %,# l-/.-# N'%&/%# Fb/*D1'16G># S,@%'%# (01D%,(%,# =%(/132%,# A*/.151A%%/(%,# 1,# (%D%# A/-%2%,<# %,# 51/5*# !V>;;;# @'%1,%# '%,1,&%,# )*/%,# 81%/7%%# &%7-%1(># I%D%# 9%eA%/17%,.%,R# '%&(%,# (%# 40,(%/1, 2--/# (%# %%/+.%# +%/1%0D%# 17A'%7%,.*.1%# 2*,# O:# 1,# q/0&0*Q<# ,*# A-+1.1%2%# %/2*/1,&%,#1,#*,(%/%#`*.13,+dN7%/1@**,+%#'*,(%,<#1,#8%.#=13D-,(%/#O:#O-7A/*+>#O:q# D*'# 1,# (%# D-7%/# 2*,# V;!;# )-/(%,# &%'*,5%%/(># ?%.# 8%%4.# %%,# A-.%,.1%%'# =%/%1@# 2*,# "V#
!;>;;;# ajbR%/+# (--/# 8%.# 8%'%# '*,(# 8%%,># S%,# &*/*,.1%4-,(+# 2*,# !"# 71'3-%,# (-''*/# F2--/# (%# %%/+.%# Y# 7**,(%,G# %,# 01.%1,(%'13@# V";# 71'3-%,# (-''*/# 2*,# (%# L%/%'(=*,@# D*'#*'+#(%@@1,(1%,%,#2--/#8%.#O:d&%'(#1,#-7'--A># # =(**%22%)&%)&>"8?.%/%)& J7(*.# (%# 17A'%7%,.*.1%+# 2*,# O:# 1,# 2%/+581''%,(%# '*,(%,# 2*,# $01(dN7%/1@*# *''%,# A1'-.+# )*/%,# %,# (0+# @'%1,# 1,# +58**'<# 1+# 8%.# 2/13)%'# -,7-&%'13@# -7# +.%%@8-0(%,(%# 01.+A/*@%,# .%# (-%,# -2%/# (%# %44%5.%,# 2*,# O:# -A# (%# %5-,-71%># O:q# D*'# 2*,01.# (1.# A%/+A%5.1%4#=%'*,&/13@%#1,D158.%,#&**,#-A'%2%/%,<#**,&%D1%,#8%.#2%%'#&/-.%/#-A&%D%.# 1+># H%/)*58.# )-/(.# (*.# O:q# (%# %5-,-71%# %/# =-2%,-A# 8%'A.# (--/# (%# '1h01(1.%1.+A-+1.1%#2*,#ajbR%/+#.%#2%/=%.%/%,>#C%'(#1+#(%#=/*,(+.-4#2*,#(%#%5-,-71%># O:#@*,#8%.#1,+./07%,.#D13,#(1%#(%#%5-,-71%#2--/D1%.#2*,#(%#=/*,(+.-4#(1%#8%.#,-(1 8%%4.>#I%#@-7%,(%#3*/%,#D0''%,#7-%.%,#01.)13D%,#1,#8-%2%//%#(%#O:#7%.8-(-'-&1%#(%# 2%/)*58.1,&%,#@*,#)**/#7*@%,># #
":#
?17%0:7MM0# # ,5%<%+N## # N/@%'<#?%,@#2*,#_#O*71'-#P*7*(*#FV;;!G#>88"&I%*#(2%&87&F8)%GH&q./%58.Z#B./-8*'7# ^-0,(*.1-,>#b%+581@=**/#-AZ#8..AZff)))>5%+>-/&>D*f(-5+fl--/{b%5*0+%{-4{a-,%Q>A(4# # b-Q'%<#I*21(#F!]]]G#'())G&F8)%GH&D)&=%#"*E&87&J.+%")#+,<%&K#2EH&`-,(-,Z#?*/A%/# O-''1,+#l0='1+8%/+# # b/-),<#S''%,#?>#FV;;\G#L%?&87&!%?+M&CE%&=E8*4,)$&C"(+E&J?8(+&8("&F8)%G&=G2+%/& #)0&B8:&L%&K#)&I"%#4&'"%%H#k81/(#a1''%,,107#l/%++## # O*8,<#S(&*/#B>#_#s>#P-)%#F!]]VG#C,/%&!8..#"2M&CE%&N%:&K(""%)*G&CE#+&O)#?.%2& J/%",*#)2&+8&C(")&CE%,"&B,00%)&A%28("*%PC,/%&,)+8&>%"28)#.&=%*(",+G)0&K8//(),+G& A%)%:#.H&P-(*'%#l/%++# # O*8,<#S(&*/#B>#FV;;;G#N8&F8"%&CE"8:&J:#G&>%83.%H&CE%&K8P>"80(*+,8)&D/3%"#+,<%H# S++%,.1*'#b--@+#`.(>#V,(#S(1.1-,# # I-0.8)*1.%<#P158*/(#s>#F!]]VG#CE%&@"8:+E&D..(2,8)>#B8:&O*8)8/,*&@"8:+E&B#2& O)",*E%0&+E%&'%:1&D/38<%",2E%0&+E%&F#)G)0&O)0#)$%"%0&+E%&>.#)%+H&I0='1,Z#k8%# `1''1A0.#l/%++#`.(>## # I-0.8)*1.%<#P158*/(#s>#F!]]YG#=E8"+&K,"*(,+Q&=+"%)$+E%),)$&R8*#.&O*8)8/,%2&78"& =%*(",+G&,))&6)2+#?.%&L8".0>#k-.,%+Z#C/%%,#b--@+# # I-0.8)*1.%<#P158*/(#s>#F!]]]G#CE%&O*8.8$G&87&F8)%GH#I%2-,Z#C/%%,#b--@+# # I-0.8)*1.%<#P158*/(#s>#_#I*,#L*&7*,#F!]]]G#I#"#+#",#>#J&K8//(),+G&OS*E#)$%& N%+:8"4&78"&+E%&CE,"0&=G2+%/>#q./%58.Z#B./-8*'7>## # ^1+8%/<#E/21,_#?*,+#P>`>#O-8/++%,#F!]::G#=+#/3&=*",3>#T%)#p-/@Z#N(%'A81# O-7A*,Q#l0='1+8%/+>#b%+581@=**/#-AZ#8..AZff0+%/A*&%>40d=%/'1,>(%f/-%8/1&)f41+8%/f# # C%+%''<#B1'21-#F!]]VG#B%+&L8)0%"%,.#)0&I#"#+#",##F2%/.**'(#01.#8%.#I01.+#(--/#s0*,# N5/*.1''-#F!]VVG#I%/#L0,(%/1,+%'#b*/*.*/1*G>#q./%58.Z#B./-8*'7## # C%+%''<#B1'21-#F!]!\#:/(#%(1.1-,>G#CE%&N#+("#.&O*8)8/,*&;"0%"#F2%/.**'(#01.#8%.#I01.+# (--/#l81'1A#lQ%<#!]"\G>#`-,(-,Z#l%.%/#J)%,#`.(>#b%+581@=**/#-AZ# 8..AZff)1@1'12/%+>1,4-f)1@1fk8%{T*.0/*'{S5-,-715{J/(%/# # C/%5-<#k8-7*+#?>#s/>#FV;;]G#CE%&O)0&87&F8)%G)0&+E%&'(+("%&87&K,<,.,T#+,8)>#L81.%# P12%/#s0,5.1-,<#HkZ#O8%'+%*#C/%%,#l0='1+81,&>#
"c#
# C/%5-<#k8-7*+#?>#s/>#FV;;!G#F8)%GH&6)0%"2+#)0,)$)0&K"%#+,)$&J.+%")#+,<%2&+8&R%$#.& C%)0%">#L81.%#P12%/#s0,5.1-,<#HkZ#O8%'+%*#C/%%,#l0='1+81,&>## # ?--&%,(13@<#L1''%7#F!]]:G#O*8)8/,%&;)0%"2+%?8<%)>#q./%58.Z#q1.&%2%/13#s*,#2*,# N/@%'# # ?--&%,(13@<#L1''%7#F!]]cG#!%&@"8+%&;//%4%%">#q./%58.Z#q1.&%2%/13#s*,#2*,#N/@%'## # j%,,%(Q<#a*/&/1.#F!]]"G#D)+%"%2+)0&D)7.#+,8)&'"%%&F8)%GM&K"%#+,)$)&OS*E#)$%& F%0,(/&CE#+&L8"42&78"&O<%"G?80G)0&>"8+%*+2&+E%&O#"+EH#l%/7*@0'.0/# l0='1@*.1-,%,># # j%,,%(Q<#a*/&/1.#_#b%/,*/(>#N>#`1%.*%/#FV;;cG#A%$,8)#.:UE"()$%)Q&N%(%&L%$%&T(& N#*EE#.+,$%/&L8E.2+#)0>#a0,58%,Z#P1%7*,,#H%/'*&>## # `1%.*%/<#b%/,*/(#N>#F!]]]G#CE%&'(+("%&87&F8)%GM&K"%#+,)$&N%:&L%#.+E1&L8"4)0& L,2%"&L8".0H#l-+.#^*''+Z#O%,.0/Q#l0='1+8%/+># # `1%.*%/<#b%/,*/(#N>#FV;;;G&FG2+%",(/&@%.0H&O/8+,8)#.%&I%0%(+()$&()0& L,"4()$2:%,2%&%,)%2&C#?(2H&a0,58%,Z#P1%7*,,#H%/'*&>## # `1%.*%/<#b%/,*/(#N><#BQ'21*#B58,%1(%/#_#s-*5817#j,*AA%#FV;;!G#!,%&L%.+&0%2&@%.0%2H& !#2&J(74.U"()$2?(*E>#N/%,*># # `1%.*%/<#b%/,*/(#N>#F^-/.85-71,&G#;7&B(/#)&L%#.+EH&N%:&F8)%G&78"&N%:&L8".0H& O1.%//*#l/%++>## # T-/.8<#l%.%/#FV;!;G#R8*#.&F8)%GH&B8:&+8&F#4%&,+&B#33%)&,)&V8("&K8//(),+G>#I%2-,Z# C/%%,b--@+## # B.0(%/<#k-=1*+#F!]]\G#L1/#0,(#0,+%/%/#H-'@+)1/.+58*4.>#b*+%'Z#LEP>#FH%/.**'(#01.# 8%.#I01.+#(--/#l81'1A#?>#b%*/(<#V;;Y#9L,")0&+E%&=:,22&N#+,8)#.&O*8)8/GW#P-8,%/.# l*/@Z#B*,-7*#B.*.%#q,12%/+1.QG>#I%%'+#=%+581@=**/#-AZ# 8..AZff)))>*.5--A>5-7fLEP{*,({.8%{B)1++{T*.1-,*'{S5-,-7Q>A(4G## # # )071<%'%+N# # N(*7+<#L1''1*7#`%%#FV;;]G#b*/.%/1,&Z#?*2%#?-.%'<#T%%(#?*1/50.>#C,/%<#a-,(*Q# T-2%7=%/#V,(<#V;;]>#b%+581@=**/#-AZ## 8..AZff)))>.17%>5-7f.17%f7*&*D1,%f*/.15'%f;<]!g!8.7'|e1(r/++d.-A+.-/1%+# # N'(/1(&%<#k>s>#_#N>#l*..%/+-,#FV;;VG#9`SkB#&%.#P%*'Z#O-,+./*1,.+#-,#.8%#I%2%'-A7%,.# -4#`-5*'#Se58*,&%#k/*(1,B58%7%+R<#J"%#1&:c#FcGZ#:g;d:\!# # ""#
b1/58<#k-=Q#FV;;\G#k8%#C0%/,+%Q#SeA%/17%,.>#b%+581@=**/#-AZ#
8..AZff&-'(,%)+>=0''1-,2*0'.>5-7f&0%/+,%Q{%eA%/17%,.{5/%(1.{5/%*.1-,{&-'({+.*,(*/({;"!]V;;\:##
# O8*7A<#b/05%#FV;;]G#9B.*7A#B5/1AZ#a-,%Q#l%-A'%#l*1(#k-#q+%R<#K8//(),+G&K(""%)*G& F#$#T,)%1&V;;]#Fa*QGZ#:"d:\>#b%+581@=**/#-AZ#8..AZff%,>5*'*7%->5-7f/%*(f# ;;;;Yg\]g:"%"4=;c\:*:# # I%41'*<#?%1(1#F!]]cG#9Y;#p%*/+#-4#.8%#LEP#S5-,-715#O1/5'%#O--A%/*.12%>#J/1&1,+#*,(# E(%-'-&Q#-4#.8%#L1/.+58*4.+/1,&R>#L,"&F#$#T,)%<#B%A.%7=%/#!]]c>#FH%/.**'(#01.#8%.# I01.+#(--/#k8-7*+#C/%5-G>#b%+581@=**/#-AZ# 8..AZffA/-3%5.+>%e%.%/>*5>0@fPI*21%+f*/1*,f)1/>8.7'# # C%''%/1<#O8/1+.1*,#FV;;]G#9O81%7&*0%/#P%&1-7-,%QZ#k8%-/Q#*,(#l/*5.15%#-4#*#`-5*'# O0//%,5QR<#D)+%")#+,8)#.&X8(")#.&87&K8//(),+G&K(""%)*G&A%2%#"*E<#!:Z#Y!dg"># b%+581@=**/#-AZ#8..AZff)))>0%*>*5>0@f%,2f1355/fA(4+fEsOOP2-'!:FV;;]GAAY!dg"C%''%/1>A(4# # ?1'.%,<#P-=#H*,>#FV;;]G#O-77%/51*'#O/%(1.#O1/501.#P%*(%/>#q./%58.#B-51*'#k/*(%# J/&*,1D*.1-,>#FE,#8%.#T%(%/'*,(+G# # ?1'.%,<#P-=#H*,#FV;;]G#nO-77%/51*'#O/%(1.#O1/501.o#-7#8%.#ajb#b%(/134+'%2%,#.%# B.170'%/%,>#q./%58.Z#B-51*'#k/*(%#J/&*,1D*.1-,>## # `1%.*%/<#b%/,*/(#N>#FV;;cG#9O-7A'%7%,.*/Q#O0//%,51%+#1,#s*A*,#k-(*QZ#?1+.-/Q<# J/1&1,*'1.Q#*,(#P%'%2*,5%R<#D)+%")#+,8)#.&X8(")#.&87&K8//(),+G&K(""%)*G&A%2%#"*E1&\# F!GZ#!dV:>#b%+581@=**/#-AZ#8..AZff)))>0%*>*5>0@f%,2f1355/fA(4+fEsOOP# XV;2-'XV;\XV;FV;;cGXV;!XV;`1%.*%/>A(4& # `1%.*%/<#b%/,*/(#N>#FV;;\G#k8%#b*,@1,O/1+1+Z#L8*.#O*,#b0+1,%++#I-#T-)|# 8..AZff)))>'1%.*%/>5-7f17*&%+fbVb{50//%,5Q{!>A(4## # a--/%<#k/1+.*,*#F;Yd;VdV;;gG#Y@%"/#)2&C#4%&>",0%&,)&R8*#.&F8)%GW>#bbO#T%)+>## b%+581@=**/#-AZ#8..AZff,%)+>==5>5->0@fVf81f%0/-A%fY:::;Y:>+.7# # B%Q4*,&<#C1''#FV;;VG#9k*5@'1,B-51*'#Se5'0+1-,#)1.8#O-770,1.Q#O0//%,51%+[# `%*/,1,/-7#`SkB#.-#k17%#b*,@+R>#D)+%")#+,8)#.&X8(")#.&87&K8//(),+G&K(""%)*G& A%2%#"*E<#Y#F:GZ#!d!!# # B%Q4*,&<#C1''#FV;;cG#b*/.%/1,-/#*#b%..%/#^0.0/%>#O-770,1.Q#O0//%,51%+#*,(# B0+.*1,*='%#O-,+07A.1-,>#L-/@1,A*A%/#-4#.8%#P%+%*/58#O%,./%#4-/#B-51*'#*,(# S5-,-715#P%+%*/58#-,#.8%#C'-=*'#S,21/-,7%,.#FOBSPCSG>#T-/)158Z#q,12%/+1.Q#-4# S*+.#N,&'1*#A/%++>#b%+581@=**/#-AZ#8..AZff)))>0%*>*5>0@f%,2f5+%/&%fA0=f)Af%(7f# %(7{V;;c{!;>A(4# # B%Q4*,&<#C1''#FV;;cG#9k17%#-,#J0/#B1(%>#k17%#b*,@+#*,(#N5.12%#O1.1D%,+81AR>#D>>A# N%:&O*8)8/G1&]#FcGZ#VcVdVcg&& #
"Y#
B%Q4*,&<#C1''#FV;;cG#9k17%#b*,@+Z#P%)*/(1,O-770,1.Q#B%'4d8%'A#1,#.8%#E,,%/51.Q|R<# K8//(),+G&!%<%.83/%)+&X8(")#.<#:]#F!GZ#YVdg!# # B.-((%/<#s*7%+#l>#F!]]\G#9O-/A-/*.%#b*/.%/#*,(#a*5/-%5-,-715#B.*=1'1D*.1-,R># D)+%")#+,8)#.&X8(")#.&87&K8//(),+G&K(""%)*G&A%2%#"*E<#V#FVG# # B.-((%/<#s*7%+#l>#FV;;"G#P%51A/-5*'#Se58*,&%#T%.)-/@+>#E7A'15*.1-,+#4-/# a*5/-%5-,-715#B.*=1'1.Q>#L,">.(2&F#$#T,)%1&;*+8?%"&Z[[[# # B.-((%/<#s*7%+#l>#FV;;gG#P%+1(0*'#b*/.%/#T%.)-/@+#*,(#a*5/-dS5-,-715#B.*=1'1.Q[# B)1.D%/'*,(R+#L1/.+58*4.+/1,&>#b%+581@=**/#-AZ# 8..AZff)))>'1%.*%/>5-7f17*&%+fB.-((%/{LEP{A*A%/V;;]>A(4# & H*'%,.1,1<#SD1-#FV;;;G#B)1.D%/'*,(R+#LEP#BQ+.%7#*,(#b*/.%/#L-/'()1(%># b%+581@=**/#-AZ#8..AZff)))>*AA/-A/1*.%d%5-,-715+>-/&f7*.%/1*'+f#)1/{*,({=*/.%/>A(4# # # O%H9:&1+:P-N# # O-770,1.Q#O0//%,5Q#a*&*D1,%# 8..AZff)))>557*&>,%.f(Af# # I%0.+58%#L1/.+58*4.+#C%7%1,+58*4.<##Y'"%,$%.0&?",)$+&'"%,E%,+&()0&L8E.2+#)0&7\"..%WH# 8..AZff)))>4/%17*/@d.>(%f8.7'f4/%1&%'(>8.7'## # S5-,-7Q#l-1,.<#YA%$,8$%.0W>#8..AZff)))>%5-,-7QdA-1,.>-/&f/f/%&1-&%'(>8.7'## # ?%%<#S1'%%,#FV;!;G#YI#"+%"&C"#0%&G8("&:#G&+E"8($E&"%*%22,8)W<#b*/.%/u58*,&%>## 8..AZff)))>=*/.%/e58*,&%>5-7f1,(%e>A8A|-A.1-,r5-7{5-,.%,._.*+@r21%)_1(rV":_E.%71(r!## # ETLJ#FV;!;G#D),+,#+,<%&7("&N#+\".,*E%2&L,"+2*E#7+2;"0)()$H& 8..AZff)))>1,)->(%f7-(0'%+>A8A|-Ar7-('-*(_,*7%rT%)+_41'%r*/.15'%_+1(rVYg_7-(%r.8/%*( _-/(%/r;_.8-'(r;#
# EPkN>##8..AZff)))>1/.*>5-7f## # `1%.*%/<#b%/,*/(#N><#YJ&]@"%%)^&K8)<%"+,?.%&K(""%)*GW># 8..AZff)))>./*,+*5.1-,>,%.f7-,%Qf&5f&5;!>8.7'## # P%&1-&%'(#C%/7*,Q>#8..AZff)))>/%&1-&%'(>(%f# # P-&%/+<#s-8,><#9@%"/#)&K8/3.%/%)+#"G&K(""%)*,%2&R%#0&+E%&L#GWH&H*'0%#4-/#l%-A'%>& 8..AZff)))>2*'0%4-/A%-A'%>5->0@f,-(%fV:## # L%+.-,<#I*21(<#Y!%3"%*,#+,)$&*8//(),+GP8:)%0&*(""%)*,%2W># 8..AZff)))>&'-=*'1(%*+=*,@>-/&f+1.%f=*,@f1(%*>A8A|1(%*E(r];c## #
"g#
LEP#b*,@>#8..AZff)))>)1/>58# # L1@1A%(1*#I01.+'*,(#d#P%&1-&%'(>#8..AZff(%>)1@1A%(1*>-/&f)1@1fP%&1-&%'(## # L1@1A%(1*#I01.+'*,(#d#LM/*>#8..AZff(%>)1@1A%(1*>-/&f)1@1fLM/*# # L1@1A%(1*#a-,(1**'##d#O-7A'%7%,.*/Q#O0//%,51%+# 8..AZff%,>)1@1A%(1*>-/&f)1@1fO-7A'%7%,.*/Q{50//%,5Q## # L1@1A%(1*#a-,(1**'#v#N'.%/,*.12%#O0//%,51%+# 8..AZff%,>)1@1A%(1*>-/&f)1@1fN'.%/,*.12%{50//%,5Q## # # 63%01&%N# # b*.%'**,<#?%,@ds**A#F!]]\G#9I%#H/13%#a*/@.#2*,#T-AA%+R<#N7+.%/(*7<#q2N#B5/1A.1%<# B-51-'-&1%#!]]\## # b/-),<#H%/,-,#`>#F!]c!G#9B5/1A#*,(#J.8%/#^-/7+#-4#S7%/&%,5Q#O0//%,5Q#E++0%(#1,# .8%#q,1.%(#B.*.%+#I0/1,.8%#I%A/%++1-,#p%*/+#-4#!]:!d!]:c}#V#H-'+>#a>N>#k8%+1+<# T%)#p-/@#q,12%/+1.Q# # C*.58<#`-/%,#FV;;YG#`-5*'#B5/1A#1,#.8%#qBN#I0/1,.8%#!]:;+Z#`%++-,+#4-/#k-(*Q|& l*A%/#A/%+%,.%(#*.#.8%#5-,4%/%,5%#-,#a-,%.*/Q#P%&1-,*'1+*.1-,Z#`-5*'#O0//%,51%+#*+# O*.*'Q+.+#4-/#S,(-&%,-0+#P%&1-,*'#I%2%'-A7%,.>#b*08*0+dq,12%/+1.M.#L%17*/<# I01.+'*,(<#B%A.%7=%/#V\dV]<#V;;Y>## # ?*/A%/<#s-%'>#L>O>#F!]c\G#9B5/1A#*,(#J.8%/#^-/7+#-4#`-5*'#a-,%QR<#l8>I>#I1++%/.*.1%<# q,12%/+1.Q#-4#O815*&-># # `1%.*%/<#b%/,*/(#N>#_#C)%,(-'Q,#?*''+71.8#FV;;YG#O-770,1.Q#O0//%,5Q#C01(%># C'-=*'#O-770,1.Q#E,1.1*.12%+>#b%+581@=**/#-AZ#8..AZff)))>&'-=*'d5-770,1.Q>-/&f# &5f,%)+41'%+fV"fO-770,1.QXV;O0//%,5QXV;C01(%>A(4# # `-)(<#N,(/%)#FV;;!G#N'.%/,*.12%#O0//%,51%+#1,#k8%-/Q#*,(#l/*5.15%[#k8%#E.8*5*# a-(%'#Se*71,%(#1,#T-/.8%/,#O*'14-/,1*>#a>N>#k8%+1+<#B.*,4-/(#q,12%/+1.Q># b%+581@=**/#-AZ##8..AZff)))>*,(/%)'-)(>5-7f.8%+1+f## # l%@%'+7*<#B>#FV;;]G#q/=*,#S5-,-71%+#J4.%,#N/%,R.#P%+1'1%,.#S,-0&8>#S0/-A%*,# q,1-,#j,-)'%(&%#T%.)-/@#FSqjTG>#J)&,)+%"<,%:&:,+E&A8?&<#)&B,.+%)H&b%+581@=**/# -AZ#8..AZff)))>%0@,>-/&f'0e%7=-0/&f,%)+fV;;]f;\f1,.%/21%)d/-=d2*,d81'.%,{!;!V>8.7'# #
"\#
)99%+(1A#QN#J%'%3:+7%#C9%'%0-#%+#4%-<M+(1&%+# # ?1%/-,(%/#21,(.#0#%%,#-2%/D158.#2*,#(%#=%'*,&/13@+.%#*5.-/%,#(1%#2*,(**-A#%%,#-4# *,(%/%# 7*,1%/# *5.1%4# D13,# -A# 8%.# &%=1%(# 2*,# 5-7A'%7%,.*1/%# 2*'0.*<# D-,(%/# (%# A/%.%,.1%#2-''%(1.%#D13,>#?%.#-72*.#=%@%,(%#-,(%/D-%@%/+#%,#%5-,-7%,#%2%,*'+#(%# 1,1.1*.1%4,%7%/+#2*,#%%,#**,.*'#5-7A'%7%,.*1/%#70,.%,># # # R5+(1::'N# # )0<%'S# T%+<# U:+# d# I1/%5.%0/# =13# BkPJ># E,1.1*.1%4,%7%/# 2*,# O:# ,%.)%/@%,# 1,# $01(d N7%/1@*#%,#*0.%0/#2*,#2%/+581''%,(%#=-%@%,#-2%/#,1%0)%#%5-,-71%># # L:/+S#@(&:0#d#E,1.1*.1%4,%7%/#%,#01.21,(%/#2*,#k17%d(-''*/+#1,#(%#HB>#k%2%,+#*0.%0/# 2*,#2%/+58%1(%,%#=-%@%,#-2%/#OO# # L05V7S# W5/+# d# O-,+0'.*,.# -A# 8%.# &%=1%(# 2*,# %5-'-&1%# %,# (00/D*7%# '-@*'%# %5-,-71+58%# -,.)1@@%'1,&># a%(%d-A/158.%/# 2*,# (%# B.158.1, C*1*# L%+.dN0+./*'16># H--/8%%,# A/-3%5.7*,*&%/# =13# 8%.# N0+./*'1+58%# 71,1+.%/1%# 2*,# `-@**'# b%+.00/# %,# P%&1-,*'%#J,.)1@@%'1,&># # 4%R%M'%+:0%S# C7%9/%+# d# E,1.1*.-/# 2*,# %%,# 5-7A'%7%,.*1/%# 70,.# 1,# b*'1># J-@# =%8%%/(%/# 2*,# )))>5-7A'%7%,.*/Q50//%,5Q>-/ %,# )))>*AA/-A/1*.%d %5-,-715+>-/&>#H--/7*'1)%/@,%7%/#2*,#BkPJ># # X:7./S#?50%+#v#N7%/1@**,+#*5*(%7150+#1,#(%#l-'1.1%@%#L%.%,+58*AA%,#%,#A-'1.1%@%# %5-,-71%# **,# (%# 9q,12%/+1.Q# -4# O%,./*'# J@'*8-7*R># BA%51*'1+.# -A# 8%.# &%=1%(# 2*,# 5-7A'%7%,.*1/#&%'(># # X0%.5S# B/5*:-# v# N7%/1@**,+# *5*(%7150+# %,# (1/%5.%0/# 2*,# (%# O-770,1.Q# E,4-/7*.1-,#P%+-0/5%#O%,.%/>#SeA%/.#-A#8%.#&%=1%(#2*,#=*,@1%/%,<#41,*,516,<#&%'(#%,# 5-7A'%7%,.*1/# &%'(># N0.%0/# 2*,# (12%/+%# =-%@%,# -2%/# 5-7A'%7%,.*1/# &%'(># b%./-@@%,# =13# (%# -A/158.1, 2*,# Kk05+-,# k/*(%/+K># E,1.1*.-/# 2*,# )))>/%1,2%,.1,&7-,%Q>5-7# # ?1%7:%0S# ,%0+:0(# )"# d# l/-4%++-/# %,# 2--/7*'1 (1/%5.%0/# =13# (%# O%,./*'%# b*,@# 2*,# b%'&16<#7%(%d2%/*,.)--/(%'13@#2--/#(%#-,.)1@@%'1,*,#(%#S50#%,#2--/+.*,(%/#2*,# 5-7A'%7%,.*1/%#70,.%,>#E,1.1*.-/#2*,#8..AZff70,.01.>%0# # ?1+75+S#R1./:%'#v#E,1.1*.1%4,%7%/#2*,#(%#O-7-e#H*''%Q#`SkB<#(%#2--/'-A%/#2*,#*''%# `SkB# )%/%'()13(># k%2%,+# 01.21,(%/# 2*,# 8%.# 9# O-770,1.Q# L*QR# &%'(51/50'*.1%7-(%'# %,#1,1.1*.1%4,%7%/#2*,#%%,#-A%,d+-0/5%#2*'0.*># # Y01*:3%0:S# T%'51-:# T%'%+:# d# a%(%d-A/158.%/# 2*,# 9P%(# C'-=*'# P%(# (%# k/0%h0%R# Fa-,(1**'# ?*,(%'+# T%.)-/@G<# %%,# 5-7A'%7%,.*1/%# 70,.# 1,# `*.13,+dN7%/1@*# %,# 1,# "]#
8%.#=13D-,(%/#N/&%,.1,16># # J:*:(:S# L:*1'5# d# O:# A/-(05.# 7*,*&%/# 1,# b/*D1'16# FO-7A/*+G# %,# q/0&0*Q># N0.%0/# %,#5-d*0.%0/#-A#8%.#&%=1%(#2*,#5-7A'%7%,.*1/%#&%'(+Q+.%7%,># # C75((%0S# W:*%-# d# ?--&'%/**/# **,# 8%.# P%,++%'*%/# l-'Q.%58,15# E,+.1.0.%># b%@%,(# -7# D13,#-,(%/D-%@#,**/#(%#%44%5.%,#2*,#(%#LEP#-A#(%#$)1.+%/+%#%5-,-71%># # O:'':./S#4:31(#d#EPkN#2--/D1..%/#2*,#(%#7-,(1*'%#P**(#2*,#b%+.00/># # O/17+%DS#J5+#d#EPkN#01.2-%/%,(#(1/%5.%0/# # O177S# CM-:+# d# E,.%/17d(1/%5.%0/# 2*,# (%# T%)# S5-,-715+# E,+.1.0.%># H--/7*'1 (1/%5.%0/#2*,#(%#S^#B5807*58%/#B-51%.Q>#a%(%d-A/158.%/#2*,#b%/@+8*/%+<# a*++*580+%..+># # # @M059:N# # ,5D'%S#4:31(#d#b/1.+#3-0/,*'1+.#%,#*0.%0/#-A#8%.#&%=1%(#2*,#%5-,-71%<#=%(/134+@0,(%<# 71'1%0#%,#5-7A'%7%,.*1/#&%'(#1,#8%.#=13D-,(%/># # ,557/S# ,%.
2*,#%%,#=-%@#-2%/#k/*,+1.1-,#O0//%,51%+># # J5&%0-S#W5/+#d#b/1.+%#%eA%/.#%,#5-,+0'.*,.#-A#8%.#1,D%..%,#%,#17A'%7%,.%/%,#2*,# 5-7A'%7%,.*1/%#70,.%,># # JD:+\L5''1+-S# W5-/# d# J,(%/D-%@%/# -A# 8%.# &%=1%(# 2*,# 7-,%.*1/%# 8%/2-/71, %,# 5-7A'%7%,.*1/%# &%'(# =13# (%# T%)# S5-,-715+# ^-0,(*.1-,# FTS^G[# %%,# .81,@d.*,@# -A# 8%.# &%=1%(# 2*,# (00/D*7%# %5-,-71%># PQ*,# O-''1,+# )*+# 7%(%d-A/158.%/# 2*,# (%# b/1e.-,# l-0,(# %,# 1+# 7-7%,.%%'# l8>I># @*,(1(**.# =13# OBSPCS[# O%,./%# 4-/# B-51*'# *,(# S5-,-715#P%+%*/58#-,#.8%#C'-=*'#S,21/-,7%,.># # C./0](%0S# J5'V# ^"T"# d# I01.+%# %eA%/.# -A# 8%.# &%=1%(# 2*,# I01.+%# 5-7A'%7%,.*1/%# &%'(+Q+.%7%,>#P%(*5.%0/#%,#=%8%%/(%/#2*,#)))>55d'1.%/*.0/%>-/&># # C%DV:+&S#40"#X1''#d#J,(%/D-%@%/#=13#OBSPCS<#q,12%/+1.Q#-4#S*+.#N,&'1*<#T-/)158#,**/# 5-7A'%7%,.*1/# &%'(<# (00/D*7%# '-@*'%# -,.)1@@%'1,&<# 715/-@/%(1%.%,# %,# (%# +-51*'%# %5-,-71%># # C*%7-S#O:'7/%0#d#JA/158.%/#2*,#(%#PSB<#%%,#5-77%/51%%'#=*/.%/,%.)%/@#1,#b%'&16># # C_:H5S# 450577D:# d# EPkN# l/%+1(%,.# 2*,# S0/-A*># J-@# 2--/D1..%/# 2*,# %%,# =*/.%/,%.)%/@#1,#?-,&*/13%># # # [%(%0':+(N# # )(01::+-%S# C2::<# d# E,1.1*.1%4,%7%/# 2*,# )))>5-7A'%7%,.*1/%d %5-,-71%>+.*/.A*&1,*>,'[# %%,# )%=+1.%# (*.# %%,# -2%/D158.# =1%(.# 2*,# 1,4-/7*.1%# %,# 1,1.1*.1%2%,# .%,# **,D1%,# 2*,# 7-,%.*1/%# %5-,-71%# %,# 5-7A'%7%,.*1/# &%'(# 1,# 8%.# =13D-,(%/>#B%5/%.*/1+#=13#B.158.1,OSTk># # ,5%'%S# @01<# d# L%/@D**7# =13# T%)# k/1=%+[# 7**.+58*AA%'13@# 71((%,2%'(# A/-3%5.%,# &%/158.# -A# +-51*'%# (00/D**78%1(<# 2/13)1''1&%/+)%/@<# D-/ %,# .13(# =*,@1%/%,# 1,# (%# D-/&+%5.-/#1,#8%.#=13D-,(%/>#E,1.1*.1%4,%7%/#2*,#D-/&/01'>,1,&>5-7># # T1'7%+S# J5H# U:+# d# E,1.1*.1%4,%7%/# 2*,# z-1,# F/01'G<# T-AA%+# F`SkBG<# N7+.%'T%.<# b*/*.*/1*<#T0dBA**/A*+#1,#T%(%/'*,(<#%,#**,&%+'-.%,#=13#EPkN>#B%,1-/#/%A/%+%,.*.12%# 2*,#BkPJ># # Z:*9%0-S# @(&:0# \# E,1.1*.1%4,%7%/# 2*,# z-1,<# T-AA%+<# N7+.%'T%.<# b*/*.*/1*<# T0d BA**/A*+#1,#T%(%/'*,(#%,#+%,1-/#/%A/%+%,.*.12%#2*,#BkPJ># # R1&./%'-S# )+7/5+D# d# E,1.1*.1%4,%7%/# 2*,# (%# KC%'/%# ?*,(%'+,%.)%/@%,K<# %%,# /%&1-&%'(# A/-&/*77*# 1,# (%# T%(%/'*,(+%# A/-21,51%# C%'(%/'*,(># P**(# 2*,# 5-771++*/1++%,#2*,#B.158.1,OSTk># # Y!#
J1%'%S# T:00D# 7%# d# J,*48*,@%'13@# *(21+%0/# -A# 8%.# &%=1%(# 2*,# (00/D**78%1(<# 1,,-2*.1%<#7-,%.*1/%#%5-,-71%#%,#+-51*'%#2*'0.*>#l/-3%5.7*,*&%/#=13#8%.#T%(%/'*,(+# E,+.1.00.#2--/#k/*,+1.1-,+#FIPE^kG<#S/*+70+#q,12%/+1.%1.#P-..%/(*7># # C7%%+H%0&%+S# R:071%+# U:+# d# k/*1,%/<# *(21+%0/# %,# 1,1.1*.-/# 2*,# )))>**/(,--.>,'# F%%,#L1@1#-2%/#5-7A'%7%,.*1/#&%'(#%,#7-,%.*1/%#%5-,-71%G># #
YV#