,F{QHGHSKDVH
GHODOXQH
,QGLFDWHXUGH
WHQGDQFH
PpWpR
&DOHQGULHU
RXKHXUHGH
UpYHLO
,F{QHGHUpFHSWLRQGXVLJQDO
KRUDLUHSRXUOKHXUH::9%
7HPSpUDWXUH
LQWpULHXUHHQ
&)
,F{QHGH
SUpYLVLRQ
PpWpR
,QGLFDWHXUGHUpFHSWLRQ
GHVGRQQpHVH[WpULHXUHV
7HPSpUDWXUH
H[WpULHXUHHQ
&)
+XPLGLWp
UHODWLYH
H[WpULHXUH
HQ5+
+LVWRJUDPPHGH
OKLVWRULTXHGHOD
SUHVVLRQ
DWPRVSKpULTXH
3UHVVLRQ
DWPRVSKpULTXH
UHODWLYHHQK3D
LQ+J
,QGLFDWHXU
GHFRQIRUW
+XPLGLWpUHODWLYH
LQWpULHXUHHQ
5+
,QGLFDWHXUGH
SLOHVIDLEOHV
+HXUH
,F{QHGHO¶DODUPH
1XPpURGXWUDQVPHWWHXU
VLVHXOHPHQWSOXVG¶XQ
WUDQVPHWWHXUHVWXWLOLVp
/RUVTXHOHVLJQDOHVWUpFHSWLRQQpSDUOD6WDWLRQGH7HPSpUDWXUHV
O¶LQGLFDWHXUGHUpFHSWLRQGXVLJQDOH[WpULHXUUHVWHDIILFKpjO¶pFUDQ
O¶LF{QHQHVHUDSDVDIILFKpHVLODUpFHSWLRQpFKRXH/¶XWLOLVDWHXUSHXW
DLQVLV¶DVVXUHUGHODERQQHUpFHSWLRQGXVLJQDOLF{QHDIILFKpHRXGH
O¶pFKHFGHUpFHSWLRQLF{QHDEVHQWH8QVLJQDOGHUpFHSWLRQTXLFOLJQRWH
LQGLTXHXQHUpFHSWLRQHQFRXUVGHVGRQQpHVH[WpULHXUHV
5e*/$*(60$18(/6
8QHSUHVVLRQVXUODWRXFKH6(7SHUPHWODFFqVDX[UpJODJHVPDQXHOV
VXLYDQWV
x
&RQWUDVWHGHOpFUDQ/&'
x
)XVHDXKRUDLUH
x
5pJODJHGHO¶KHXUHG¶pWp'67212))
x
5pFHSWLRQGXVLJQDOKRUDLUH212))DFWLYpHGpVDFWLYpH
x
)RUPDW+
x
5pJODJHPDQXHOGHOKHXUH
x
&DOHQGULHU
x
8QLWpVGHWHPSpUDWXUH&)
x
8QLWpVGHSUHVVLJ
x
3UHVVLRQDWPRVSKpULTXHUHODWLYH
x
6HQVLELOLWpGHOLF{QHGHSUpYLVLRQPpWpR
1RWHO
HUpJODJHPDQXHOHVWDFFHVVLEOHHQDSSX\DQWVXUODWRXFKH6(7
SHQGDQWVHFRQGV6LDXFXQHWRXFKHVQ¶HVWXWLOLVpSHQGDQWVHFRQGHV
OD6WDWLRQ0pWpRVRUWLUDGXPRGHGHUpJODJHPDQXHO
&2175$67('(/¶e&5$1/&'
/HFRQWUDVWHGHOpFUDQ/&'HVWUpJODEOHVXUQLYHDX[GH/&'j/&'
OHUpJODJHSDUGpIDXWHVW/&'
$SSX\H]VXUODWRXFKH6(7MXVTXjFHTXHOHFKLIIUHFOLJQRWH
)DLWHVGpILOHUOHVQLYHDX[GHFRQWUDVWHjODLGHGHODWRXFKH287
6pOHFWLRQQH]OHQLYHDXGHFRQWUDVWH/&'GpVLUp$SSX\H]VXUOD
WRXFKH6(7SRXUFRQILUPHUHWSDVVHUDX
UpJODJHGX)XVHDX
+RUDLUH
'HUQLHUFKLIIUH
FOLJQRWH
)86($8+25$,5(
/HIXVHDXKRUDLUHSDUGpIDXWGHODVWDWLRQPpWpRHVWK3RXU
VpOHFWLRQQHUXQIXVHDXKRUDLUHGLIIpUHQWOHVIXVHDX[KRUDLUHVSRXUOHV
86YDOHXUVQpJDWLYHV±K(67K&67K067HW±K367
/HIXVHDXKRUDLUHDFWXHOFOLJQRWH
5pJOH]OHIXVHDXKRUDLUHjODLGHGHODWRXFKH287/HVIXVHDX[
KRUDLUHVYRQWGHj±SXLVGHjjLQWHUYDOOHVGHKHXUH
$SSX\H]VXUODWRXFKH6(7SRXUFRQILUPHUHWSDVVHUDX
UpJODJHGH
O¶KHXUHGHWH'67212))
5(*/$*('(/¶+(85('¶(7(
/DIRQFWLRQG¶KHXUHG¶pWp'67SHXWDFWLYHURXDQQXOHU5pJODJHSDU
GpIDXW©'6721ª
&OLJQRWH
&OLJQRWH
