CB;F5HI@5H=CBG
-<9 B9K K5G<=B; A57<=B9 MCI >IGH
DIF7<5G98 =G 5 AC89FB <=;< EI5@=HM
8CA9GH=7 5DD@=5B79
-<=G AC89FB K5G<=B; A57<=B9 7@95BG
MCIF @5IB8FM IG=B; H<9 ACGH
GCD<=GH=75H98 K5G<=B; DFC79GG9G
HCC6H5=B GID9F=CF 7@95B=B; F9GI@HG
L79@@9BH 9B;=B99F=B; 5B8 F9@=56=@=HM
F98I79G CD9F5H=B; 7CGHG G=;B=:=75BH@M
B 95GM CD9F5H=CB D<=@CGCD<M 5J5F=9HM
C: 7IGHCA=N98 K5G<=B; DFC;F5AG 5B8 5
GC@=8 HCI7< 5B8 :99@A5?9G H<=G
5DD@=5B79 5 IG9F
_
:F=9B8@M 5GG=GH5BH =B
MCIF <CIG9<C@8
"H C::9FG H<9 :C@@CK=B; GH5B85F8 :95HIF9G
%CK BC=G9 @9J9@ :CF K5G<=B;
5B8GD=BB=B;
!=;< 8CCF K=H< A5;B9H=7 8CCF
@C7?
CCF CD9B=B; =B7<9G 7A
EI5@=HM GHIF8M <=B;9 CD9B=B; 5B;@9
S
FIA 75D57=HM @6G ?; :CF
F9;I@5F 7CHHCB
57< K5G<=B; A57<=B9 K<=7< @95J9G
CIF :57HCFM <5G IB89F;CB9 5H<CFCI;<
D9F:CFA5B79 H9GH 5B8 =G=B :I@@ KCF?=B;
7CB8=H=CB -<95DD@=5B79 A5M 7CBH5=B
F9G=8I5@K5H9F 8I9 HC H<9 H9GH=B;
DFC798IF9G ": MCI <5J9 5BM EI9GH=CBG
7CB79FB=B; =BGH5@@5H=CB C: H<9 K5G<=B;
A57<=B9 CIF 7IGHCA9F G9FJ=79 K=@@ 69
<5DDM HC 58J=G9 MCI
IFH<9F =B:CFA5H=CB 5B8 5 G9@97H=CB C:
CIF DFC8I7HG 75B 69 :CIB8 CB CIF 096
G=H9 KKK6CG7<5DD@=5B79G7CA
)@95G9 F958 5B8 :C@@CK H<9G9 CD9F5H=B;
5B8 =BGH5@@5H=CB =BGHFI7H=CBG 5@CB; K=H<
5@@ CH<9F =B:CFA5H=CB 9B7@CG98 K=H< H<9
K5G<=B; A57<=B9
-<9G9 CD9F5H=B; 5B8 =BGH5@@5H=CB
=BGHFI7H=CBG 89G7F=69 J5F=CIG AC89@G
=::9F9B79G 5F9 =B8=75H98 =B H<9
5DDFCDF=5H9 D@579G
-<9 =@@IGHF5H=CBG A5M G<CK 8=::9F9BH
89H5=@G H<5B MCIF K5G<9F
569>9D9?>C
d
-($$
-($$
-<=G =B8=75H9G H<5H
895H< CF G9F=CIG =B>IF=9G A5M
C77IF 5G 5 F9GI@H C:
BCBqC6G9FJ5B79 C: H<=G K5FB=B;
d
+*%$
+*%$
-<=G =B8=75H9G H<5H
A=BCF CF AC89F5H9 =B>IF=9G A5M
C77IF 5G 5 F9GI@H C:
BCBqC6G9FJ5B79 C: H<=G K5FB=B;
$%*
$%*
-<=G =B8=75H9G H<5H
85A5;9 HC H<9 5DD@=5B79 CF
DFCD9FHM A5M C77IF 5G 5 F9GI@H C:
BCBqC6G9FJ5B79 C: H<=G K5FB=B;
i
-<=G GMA6C@ =G IG98 HC 8F5K H<9
IG9FG 5HH9BH=CB HC =ADCFH5BH
A5HH9FG
d
#&%(*$* )*/ $)*(+*%$)
d
-($$
-C F98I79 H<9 F=G? C: :=F9 9@97HF=7
G<C7? G9F=CIG =B>IFM CF 895H< K<9B
IG=B; MCIF K5G<=B; A57<=B9 :C@@CK
65G=7 DF975IH=CBG =B7@I8=B; H<9
:C@@CK=B;
(,! K5G<9FG 5F9 DFCJ=898 K=H<
5B (D9F5H=B; 5F9 5B8 "BGH5@@5H=CB
"BGHFI7H=CBG &5BI5@ +958 5B8
IB89FGH5B8 5@@ =BGHFI7H=CBG 69:CF9
IG=B; H<9 K5G<=B; A57<=B9
C BCH K5G< 5FH=7@9G H<5H <5J9
699B DF9J=CIG@M 7@95B98 K5G<98
GC5?98 CF GDCHH98 K=H< ;5GC@=B9
8FM 7@95B=B; GC@J9BHG CH<9F
:@5AA56@9 CF 9LD@CG=J9
GI6GH5B79G 5G H<9M ;=J9 C:: J5DCFG
H<5H 7CI@8 =;B=H9 CF 9LD@C89
C BCH 588 ;5GC@=B9 8FM 7@95B=B;
GC@J9BHG CF CH<9F :@5AA56@9 CF
9LD@CG=J9 GI6GH5B79G HC H<9 K5G<
K5H9F -<9G9 GI6GH5B79G ;=J9 C::
J5DCFG H<5H 7CI@8 =;B=H9 CF
9LD@C89
.B89F 79FH5=B 7CB8=H=CBG <M8FC;9B
;5G A5M 69 DFC8I798 =B 5 <CH
K5H9F GMGH9A H<5H <5G BCH 699B
IG98 :CF K99?G CF ACF9
!2+( ' , ", 1)%(,"/
": H<9 <CH K5H9F GMGH9A <5G BCH
699B IG98 :CF H<=G @9B;H< C: H=A9
HIFB CB 5@@ <CH K5H9F :5I79HG 5B8
@9H H<9 K5H9F :@CK CIH C: 957<
:5I79H :CF G9J9F5@ A=BIH9G 69:CF9
IG=B; H<9 K5G<=B; A57<=B9 -<=G
K=@@ F9@95G9 5BM 577IAI@5H98
<M8FC;9B ;5G GH<9 ;5G =G
:@5AA56@9 8CBCHGAC?9 CF IG9
5B CD9B :@5A9 K<=@9 75FFM=B; CIH
H<=G DFC798IF9
9:CF9 H<9 5DD@=5B79 =G F9ACJ98
:FCA G9FJ=79 CF 8=G75F898 F9ACJ9
H<9 8CCF 5B8 H<9 DCK9F 7CF8D@I;
C BCH F957< =BHC H<9 5DD@=5B79 =:
H<9 K5G< 8FIA =G ACJ=B;
C BCH =BGH5@@ CF GHCF9 H<=G
5DD@=5B79 K<9F9 =H K=@@ 69 9LDCG98
HC H<9 K95H<9F
C BCH H5AD9F K=H< H<9 7CBHFC@G
C BCH F9D5=F CF F9D@579 5BM D5FH C:
H<9 5DD@=5B79 CF 5HH9ADH 5BM
G9FJ=79 IB@9GG GD97=:=75@@M
F97CAA9B898 =B H<9 IG9F
A5=BH9B5B79 =BGHFI7H=CBG CF =B
DI6@=G<98 IG9F F9D5=F =BGHFI7H=CBG
H<5H MCI IB89FGH5B8 5B8 <5J9 H<9
G?=@@G HC 75FFM CIH
@K5MG IBD@I; H<9 K5G<=B;
A57<=B9 :FCA H<9 DCK9F GIDD@M
69:CF9 5HH9ADH=B; 5BM G9FJ=79
=G7CBB97H H<9 DCK9F 7CF8 6M
;F5GD=B; H<9 D@I; BCH H<9 7CF8
-C F98I79 H<9 F=G? C: :=F9 7@CH<9G
7@95B=B; F5;G ACD <958G 5B8 H<9
@=?9 K<=7< <5J9 699B GC=@98 K=H<
5BM :@5AA56@9 GI6GH5B79 GI7< 5G
J9;9H56@9 C=@ 7CC?=B; C=@
D9HFC@9IA 65G98 C=@G CF 8=GH=@@5H9G
K5L9G :5HG 9H7 AIGH 69 ?9DH
5K5M :FCA 5BM GCIF79 C: =;B=H=CB
=B7@I8=B; 5 7@CH<9G 8FM9F -<9G9
=H9AG A5M 7CBH5=B :@5AA56@9
GI6GH5B79G K<=7< 9J9B 5:H9F
K5G<=B; A5M GAC?9 CF 75H7< :=F9