>2".(&-&.4
&-=%&
"53& 0/33*#,&
'RAC:B/B 23 :/D/53 7<A/B7A4/7A/<B
!3 :7<53 RB/7B >:CA A/:3 ?C3 D=CA <3 :3 >3<A73H
(R:31B7=<<3H C< >@=5@/;;3 />>@=>@7R
=C
*B7:7A3H
&"68 %548
A/:3BR :=C@2 1=;;3 =>B7=<
AC>>:R;3<B/7@3
%/A /AA3H 23 >@=2C7B :3AA7D73:
8=CB3H 2C >@=2C7B :3AA7D73: 3< @3A>31B/<B
:3AA>R17471/B7=<A 2C 4/0@71/<B
%@RA3<13 23 @RA72CA 23 >@=2C7B
:3AA7D73: AC@ :3 :7<53
3@B/7<3A >@=2C7BA :3AA7D73:A A/<A >6=A>6/B3
1=<B73<<3<B 23A @RA72CA 7<A=:C0:3A 2/<A :3/C
?C7 A3 ;/<743AB3<B A=CA 4=@;3 23 B/163A 1:/7@3A
AC@ :3 :7<53
@=AA3H 13A B/163A C<3 4=7A :3 :7<53 A31
'RA72CA 5@7A AC@ :3 :7<53
11C;C:/B7=< 23 A/:7AAC@3A 2C3A M 23A
>=;;/23A ;/B7Q@3A 5@/AA3A =C 6C7:3A
+3@A3H :/ ?C/<B7BR ;/F7;/:3 23 >@=2C7B :3AA7D73:
>C7A AR:31B7=<<3H :/ >:CA 6/CB3 B3;>R@/BC@3
/2;7A3 >/@ 13 :7<53
!/ ;/167<3 4@R;7B =C B@3;0:3
:=@A?C3::3 >/AA3 2C<3 D7B3AA3
23AA=@/53 0/AA3 M C<3 D7B3AA3
R:3DR3
!/ ACA>3<A7=< 2C B/;0=C@ >3CB A3 2R1/:3@
>3<2/<B :/11R:R@/B7=< : <3 A/57B >/A 2C<
2R4/CB
%=C@ ;7<7;7A3@ 13B 3443B ;R:/<53H :3A >3B7B3A 3B
5@/<23A >7
g8:H 9: A>C<: 96CH JC: 8=6G<:
9: A>C<:
+> KDJH C: E6GK:C:O E6H c HJEEG>B:G A: 9h;6JI B6A<Gh A:H 8DCH:>AH ;><JG6CI 96CH A: I67A:6J 8>t9:HHJH 6II:C9:O H:8DC9:H
hI:><C:O A6EE6G:>A G6AAJB:OtA: HhA:8I>DCC:O A: EGD<G6BB: :I ;6>I:HtA: G:9hB6GG:G
+> A: 9h;6JI E:GH>HI: 6EE:A:O A: H:GK>8: 6EGgHtK:CI: KD>G E6<:
)5BF935 @BZCc,5>D5 ),
: A6K:tA>C<: C: 9:B6C9: 6J8JC
:CIG:I>:C E6GI>8JA>:G 6JIG: FJ: A:H
DEhG6I>DCH 9: C:IIDN6<: :I :CIG:I>:C
EGh8h9:BB:CI B:CI>DCCh:H +> KDIG:
A6K:tA>C<: KDJH 86JH: 9:H EGD7AgB:H
G:EDGI:OtKDJH 6J 8DCI:CJ 9: A6 E6<:
6K6CI 96EE:A:G A: +.
+> 9:H DEhG6I>DCH 9: +. H6KgG:CI
Ch8:HH6>G:H K:J>AA:O 8DCI68I:G KDIG:
>CHI6AA6I:JG DJ JC ED>CI 9: +. 6<Ghh
&: I:CI:O E6H 9: GhE6G:G A6EE6G:>A E6G
KDH EGDEG:H BDN:CH ,DJI: GhE6G6I>DC
688DBEA>: E6G 9:H E:GHDCC:H CDC
6JIDG>Hh:H G>HFJ: 9: KDJH ;6>G: E:G9G:
A: 7hCh;>8: 9: A6 <6G6CI>:
+> A: A6K:tA>C<: KDJH 86JH: JC EGD7AgB:
FJ:A8DCFJ: :I H> A:H EG:HI6I>DCH
G:fJ:H C: KDJH DCI E6H H6I>H;6>I
q
DBB:C8:O HKE E6G 8DCI68I:G
KDIG: >CHI6AA6I:JG DJ A:CIG:EG>H: 9:
+. 6<Ghh: H>IJh: 96CH KDIG:
Gh<>DC :I :MEA>FJ:OtAJ> A:H G6>HDCH
9: KDIG: Bh8DCI:CI:B:CI :8>
HJ;;>G6 CDGB6A:B:CI c GhHDJ9G: A:
EGD7AgB:
q
+> A: EGD7AgB: E:GH>HI: 6EGgH 6KD>G
8DAA67DGh 6K:8 KDIG: >CHI6AA6I:JG DJ
6K:8 A: I:8=C>8>:C 9J +.
;6>I:HtA: CDJH H6KD>G HD>I :C CDJH
h8G>K6CI c A69G:HH: HJ>K6CI:
+ DB: EEA>6C8:H
%8 699:C K:
JCI>C<IDC :68= $
-+
HD>I :C CDJH 6EE:A6CI 6J CJBhGD
HJ>K6CI
t t
+> KDJH CDJH h8G>K:O CDJ7A>:O E6H 9:
?D>C9G: +> KDJH CDJH 6EE:A:O
CDJ7A>:O E6H 9: EGhE6G:G A:H
>C;DGB6I>DCH HJ>K6CI:H
$: CJBhGD 9J BD9gA:
$: CJBhGD 9: HhG>:
$6 96I: 968=6I 9DG><>C:
$6 96I: 96EE6G>I>DC 9J EGD7AgB:
-C: 9:H8G>EI>DC 9J EGD7AgB:
+> KDJH CDJH h8G>K:O K:J>AA:O ?D>C9G:
JC: 8DE>: 9: A6 ;68IJG: :I CDJH >C9>FJ:G
JC: CJBhGD 9: IhAhE=DC: Do CDJH
EDJKDCH KDJH ?D>C9G: 96CH A6 ?DJGCh:
.DJH IGDJK:G:O A: CJBhGD 9J BD9gA: :I
A: CJBhGD 9: HhG>: HJG A6 EA6FJ:
H><C6AhI>FJ: :II: EA6FJ: H: IGDJK: HJG
A6 E6GI>: 9J 86EDI 9J A6K:tA>C<: K>H>7A:
JC: ;D>H A: =J7ADI DJK:GI