qawaid dakwah (melayu)

7/17/2019 Qawaid Dakwah (Melayu)

http://slidepdf.com/reader/full/qawaid-dakwah-melayu 1/33

! # ! " # $

&'( )"**"* +,-( ."/0* 1"$$- -0 -"2"* ,34356" 7 8"9"0- &"49"/ 02"22"/ : *$5320; -$5#"5

<$5-$4"="5 *>=0?";0 -"5 *$*,$'04"5 ->'>5#"5 ;$*"5#"= "#"' <"'" -"@0$ ;$5=0";" ><=0*0;=04 -"2"*

*$*,$'04"5 "2@"=/> "-A-"@90 7 ;3*,"5#"5 -"49"/ :(B"$-"/A4"$-"/ 050 -0#"20 -"'0 ";";A";"; ;6"'"4

-"5 ;$$'"/ 5","906"/C 40;"/ <"'" ;"/","= -"5 ;"2"D3;;>20/( E" *$*,$'04"5 2$-"4"5 ,"'3 -"2"*

*$*<$'4"6"4"5 D0F/ -"49"/( +5="'" 4"$-"/A4"$-"/ 6"5# -056"="4"5 -0 -"2"* ,34356" G

H2";"5 ,"#0 ,"/"#0"5 I3F"--0*"/G

!$5320; ,343 *$*32"4"5 =320;"556" -#5 ="/*0-C ;$2"9"= -"5 ;6"/"-"/( 7E50 "-"2"/ 4$,0";""5

=320;"5J 32"*"K( !$5320;"5 L3#" *$'3<"4"5 ;3"=3 0,"-"/ -"5 -"K9"/C L"-0 *$'$4" ;$5=0";" ,$'"-"

-"2"* 4$"-"""5 *3'"F","=022"/ ;$'=" *$5320; -#5 <$53/ ="9"-3K <"-" +22"/C 9"2"3<35 /";02 =320;"5

*$'$4" 0=3 /$,"= -"'0 ;$#0 502"0 05=$2$4(:

-"49"/ 4<- "22"/ ;$*320"J "*"2"5 -"5 ;$=05##0J 0,"-"/((M0'0 4/3;3; <"'" '";32N(

O",0 P >'# 6# *5-<= ,$'0="Q9"/63

.";32 P 6# *$*,$'0 ,$'0=" 4<- >'# 2"05

R02" ;"*<"04"5 0;2"* A '";32322"/

1$,", =3((-"49"/ 0=3 "-"2"/ M0'0 4/3;3; <"'" '";32C =3#"; <"205# >,?0>3; 3=4 <"'" '";32

I$53'3= <$5320;C -"K9"/ E;2"*066"/ ;3-"/ <35 *$*";340 D";" -0 *"5" -"K9"/ E;2"*066"/ =$';$,"'

23"; ;$"5=$'> -350"( B$2>*<>4 6"5# ,$4$'L" 35=34 -"K9"/ ,34"5 ;"/"L" #>2>5#"5 '";*0 6"5#

5"*<"4 ;$,"#"0 K<$*$#"5# ;0*,>2 "#"*"K 7='"5;2"=>'G 3;="SJC <$#"9"0 "#"*"C /"40* ;/"'K0C *3D=0

$=M: ;"L"C ,"/4"5 ;$4"'"5# 50 <$=3#";J -"K9"/ =$'-0'0 -"'0<"-" <$2,"#"0 #>2>5#"5 -"'0 ;$#0 L"5=05"C

3*3' ;$'=" ,0-"5# <$5#4/3;3;"5 A;"05; -"5 L3#" 4$*"53;0""5(

!$'4$*,"5#"5 050C 6"5# 4$20/"="5 7='"5;( -#5 4$="'": -0 350?$';0=0J -0 5$#"'"J E;2"* -"5 ,"'"=C

*$'3<"4"5 ,05""5 -"K9"/ 6"5# <"205# ->*05"5( T"-0 <$'4$*,"5#"5 ,"'3 050 ="4 <$'2$<"; -"'0<"-"

,$,$'"<" 4$4"5#"5QD2"9; -"2"*"5 -"5 23"'"5 0"0=3G

U( $%&'()(*' +%&',,- *'() ,.&/.0.&'+1-2'( 3'( ,.&/.+'+1%'( 3- ,'(3-()/'( 3.()'( 4'+,%0'(0.&5'3'1 3'67'5 842'+-**'5 *'() 4'()'0 94.+'/-(: ,.4'&(

A E50 "-"2"/ D$5>*$5" 6"5# ;"5#"= ,"/"6" -"5 0" <$'23 -0'"9"=C ;$,", ;$,"/"#0"5 ,$;"' -"'0<"-"

*"53;0" /0-3< -"2"* ";3/"5 6"5# ="4 ;$2"'0 -#5 "<" 6"5# ;$<"=3=56" 7D"/"*G *";34 ;"2"/ 3;'"/:(

AV"5# ;$'05# ,$'2"43 <32" 0"2"/ >'"5# 6"5# ="4 2"6"4 35=34 *$5#$5-"204"5 ="',06"/ -"5 ="4905

*$*,$'0 <$5-"<"= -"2"* *";"2"/J 6"5# <$5=05# 2"23 *$5#>;>5#4"5 *$-"5 -"'0<"-" >'#J 6"5#

2"6"4 35=34 *$*$#"5# <$'"5"5 =$';$,3=(

;< $.2.+'5'( 3'2'+ 1&=)&'+ *'() +.+1.&4-'1/'( 3'6-*'5 3'( +%7'>>-5 +.()-/%0 0'5'1; *'()

,.&,.?'< 4.4%'- 3)( 1.2,')'- 0%(0%0'(@/.1.&2%'( 94.+'4': *'() 3-5'3'1-<

AB$2$*"/"5 6"5# <"205# 4$="'" 0"2"/ -"2"* ,0-"5# <$*,$5=34"5 <"205# ";";C 0($( "2A="K;02 9" "2A="KF0-(

A13"=3 <$'4"'" 6"5# <$5=05# L04" -"K9"/ -0=$'0*" -"2"* ,$5=34 =";"993' 79>'2-?0$9 >'



; # ! " # $

W$2=;"5=M/335#: 6"5# ;"205# *$2$5#4"<4"5 -"'0 "9"2 /05##" "4/0'C -#5 <$*"/"*"5 4$;$23'3/"5

-"K9"/ 050 -"5 <$5#$="/3"5 =$5="5# <'0>'0=0 -0 -"2"*56"( 7D"/"*G )$5M$C =/$ 5$$- >D =/0; ,>>4 >5

8"9"K0- -"K9"/:

A< B'+,'0 ,.&- /.4'(

AI";" 6"5# -0<$'35=344"5 35=34 05-0?0-3 ;"*<"0 <"-" <$'05#4"= -"<"= ,$'0 4$;"5Q<$5#"'3/ 7"2A

="K=/0': ;"5#"= 2"*"(

A!35M" ;$,$5"' <$'4"'" 050 0"2"/ =$';$,"'56" <$5#$="/3"5 -"5 *"423*"= ;$'=" 23";56" <$*,"M""5

;$'=" <$5#"2"*"5

C< D4'5'E%4'5' %0/ +.(.(0'() 3'67'5

AH;"/"J 050 "-" <$2,"#"0 ,$5=34 -"5 4$*35#405"5JC <$5#"2"*"5 3;"/"J 50 23"; 35=34 *$5$5="5#

E;2"*(

A R>2$/ L"-0 ,$5=34J *$'$4" 0"2"/ 6"5# ;$<$'=0 <$';$=$'3"5 /$,"= "5="'" ;>M0"20;* -"5 M"<0="20;*C

-"5 -0 "5="'" $X0;=$5=0"20;* -"5 5"=0>5"20;*C ,>2$/ L"-0 L3#" #$'"4"5J -"2"* ,$5=34 43*<32"5J

4$M02 6"5# ;$;"= 6"5# -02"5-";4"5 /"9" 5"D;3(

A 1$*3" 43*<32"5 6"5# <$2,"#"0 ,$5=34 50 "-" ;"=3 =3L3"5G *$*$'"5#0 E;2"* -"5 -"K9"/56"(

H;"/"J 050 *$'3<"4"5 ,$,"5 6"5# ,$;"' 4$ "="; -3K"= 6"5# <$'23 *$*"/"*0 <$'"5M"5#"5J *3;3/

*$'$4" -"5 *$5L"#" *"53;0" -"'0<"-" 4$L"/"="5J *$'$4" -#5 ;3"=3 3;23, 6"5# ,$5"'J *$'"9"=(

F< G=3''( 5-3%1 3'( /.4-,%/'((*'

AL3#" *$'3<"4"5 <$5#/"2"5# -"K9"/ -"5 -3K"=(

A-K3"= <$'23 D"/"* <$'L"2"5"5 /0-3< 050 -"5 ,"#"0*"5" *$5#/0-3<4"556" ;$'=" *$5#/"'35#056"

-#5 *"53;0"90C *$*"/"*0 4$;"5J56" -"5 M"'" *$*,$';0/4"556" 7="S4066"/:

A *35#405 "5="'" <$'4"'" 6"5# *$5"'04 <$'/"=0"5 L3#" "-"2"/ ;"*<"056" -"K9"/ -0 4"2"5#"5 >'#J4"6" -"5 *$'$4" 6"5# /0-3< -0 =$5#"/J 9$;=$'5 M0?020S"=0>5 -"5 =$'-$-"/ -#5 #>-""5J L"/02066"/

S"*"5 *>-$5 7="*,"/G ="<0 ="4 =$5##$2"* -0 -"2"*56": ( E50 ,>2$/ *$*,"5=3 *$*<$'43"=4"5 -0'0

-3K"= 6"5# *$5#/"-"<0 #>-""5 /0-3<(

Y( G.2=+,'(); -3.=2=)- *'() ,.&).&'/ 3)( 1'(0'4 93-('+-/:

A #$2>*,"5# 050 ;"*<"0 <"-" *"53;0" -0 *"5" ;"L" *$'$4" ,$'"-"(

A;$,"#"0 -"K0C "-"2"/ -0=35=3= 35=34 3=4 ,$'-$<"5 -#5 0-$>2>#6J 050 ;$M"'" "M"-$*0M -"5 >,L$M=0?$(

E502"/ ,$,"5J 6"5# *$535=3= 40=" 35=34 *$*05-"/4"5 7>' *$2>5L"44"5: -"K9"/ 050 -"'0<"-" *$-"5

6"5# 7-09"'5"0Q-0;"23=0: <$'";""5JQ;$5=0*$5C #$'"4$'L" <'"4=04"2C 3M"<"5J -"5 4"="J ;"/"L"C 4$<"-"

*$-"5 <$'"5M"5#"5C >'#"50S"=0>5C <'>#'"*C <$*,$5=34"5 >'#J 6"5# "/20 7$X<$'=;:C -"5 <$5#";";"5(

"4/0'56" <$5320; *$5$#";4"5 ,"/9" ;$,"#"0*"5" M","5#J 02*3 -"2"* 0;2"*0M ;=3-0$; 7;$<$'=0 D0F/C

"F0-"/C ="D;0': 0=3 ,34"5 ;3"=3 ,0-K"/C ,$#0=3 L3#" 02*3 -"K9"/C ,34"5 ;$;3"=3 6"5# -0'$4"JC ="<0

;3"=3 -0;<205 02*3



A # ! " # $

H',2. =I J=(0.(04

B"$-"/ U &"49"/ 4$ L"2"5 +22"/ L"2"5 <$56$2"*"= -0 -350" -"5 "4/0'"= (((((((((((((((((((((((((((((((((((((((((((((( Z

B"$-"/ J &$5#"5 ;$,", 3;"/" ;35##3/*3C +22"/ *$*,$'04"5 <$=35L34 4$<"-" ;$>'"5# 2$2"40 0=3

"-"2"/ 2$,0/ ,"04 ,"#0*3 -"'0 35=" *$'"/ (((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( [

B"$-"/ \ !"/"2" =$'/";02 -$5#"5 ,$'-"49"/ -"5 =0-"4 <"-" <$5$'0*""5 *"53;0" (((((((((((((((((((((((((((( Y

B"$-"/ Z 1$>'"5# &"@0$ /$5-"42"/ ;"*<"0 4$ 2$?$2 ]*3,"220#/@ -"5 ,$'3;"/" *$5M"<"0 ]"2A

,"2"#/@7 4$<$="/"5 -"5 4$,0L4;"5""5 *$56"*<"04"5 -"49"/: ((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( ^

B"$-"/ [ &"@0$ *$*,$'04"5 ;$#"2" 3;"/" -"49"/ -$*0 *$535=3= #"5L"'"5 '",,"50 (((((((((((((((((((((( U_

B"$-"/ Y &"0@$ "-"2"/ M$'*05 ,"#0 -"49"/ -"5 *>-$256"( ((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( UJ

B"$-"/ ` R$',0M"'"2"/ -$5#"5 *"53;0" *$53'3= 4"-"' <$*040'"5 *$'$4" (((((((((((((((((((((((((((((((((((((( UZ

B"$-"/ ^ HL0"5 "-"2"/ ;355"=322"/ ((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( UY

B"$-"/ a G b"<"5#"5 -"49"/ 23";C*"4" <020/2"/ >'"5# 6"5# =$',"04 35=34 *$5$'0*" ;$'3"5 -"49"/ ((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( Ua

B"$-"/ U_ I";" "-"2"/ 35;3' <$5=05# -"5 4$L"6""5 -"49"/ (((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( JU

B"$-"/ UU &"49"/ "-"2"/ ;$50 -"5 4$<$*0*<05"5C <$'"5M"5#"5 -"5 <$*"5="3"5( ((((((((((((((((((((((( J\

B"$-"/ UJ &"49"/ *$'3<"4"5 ;"=3 =";"993' ,$;"' T0/"- -"'0 ;$#0 *"=2"*"= -"5 4$;"5 (((((((((((((((( J`

B"$-"/ U\ &"49"/ "-"2"/ <$'50"#""5 *320" C=0-"4 ,>2$/ -0L3"2 -$5#"5 /",3"5 -350"C /",3"5 -350"

*$'>;"44"5 *"'3"/ ;"5# &"0@$ ( ((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( Ja

B"$-"/ UZ I$5#$5"20 *"-@3 D"4=>' 3="*" *$*<$5#"'3/056" (((((((((((((((((((((((((((((((((((((((((((((((((((((((((( \J

B"$-"/ U[ G B>*=$*<>'"'0C *$*"/"*0 4>5-0;0 3*3* "-"2"/ ;$,",A;$,", 4$L"6""5 -"49"/(

B"$-"/ UY G !$'<$M"/"5C D0=5"/C 3S2"/ -"5 L"*""/((/"2"5#"5 -0 L"2"5 -"49"/

B"$-"/ U` G B$D"/"*"5 6"5# ,$=32 "-"2"/ L"2"5 "*"2 6"5# ,$=32

B"$-"/ U^ G B$D"/"*"5 6"5# *$*"5-3 -"5 4$D"/"*"5 6"5# 9"L0,

B"$-"/ Ua G I$56$'3 4$<"-" *"4'3D -"5 *$5M$#"/ 4$*35#43'"5 *$'3<"4"5 4$D"'-/3"5 3*"=

B"$-"/ J_ G I$56"2"/0 *"4;3- -"5 =3L3"5 "2A83'"5 2$,0/ ,"/"6" -"'0 *$505##"2 -"5 *$5#","04"5

"2A83'"5

B"$-"/ JU G +*"2 3*3* "-"2"/ ";"; "*"2 4/3;3; ;$,"#"0 <$5"'04 ->4>5#"5 -"49"/(



C # ! " # $

$'.3'5 ! K'/7'5 /. >'2'( L22'5 >'2'( 1.(*.2'+'0 3- 3%(-' 3'( '/5-&'0

U(1$>'"5# &"0@$ /$5-"42"/ D"/"* ,"/"9" +22"/ *$5M0<="4"5 *"53;0" 35=34 ,$'0,"-"/ 4$<"-"56"(

7+SAc"'06"= G[Y:(

J(E,"-"/ =0-"4 "4"5 =$'/";02 *$2"054"5 "="; ,";0'"/74$L$2";"5:( R";0'"/ <32" =0-"4 =$'L"-0 *$2"054"5

;$2"'0 -$5#"5 *"5/"L +22"/ 6"5# -0=3'354"5 4$<"-" <"'" '";32 -"5 <"'" 5",0 "(;(

\(!"'" O",0 -"5 .";32 "-"2"/ <"'" -3"= 6"5# *$535L34 4$,$5"'"5 ,"#0 *$5M"<"0 *"4;3- 4$5"<"

"22"/ *$5L"-04"5 *"53;0" ;$,"#"0 4/"20D"/(

Z(E*"* +'A."S0 -0 -"2"* ="D;0'56" 7="D;0' "'A."S0 : ,$'="56"G +<"4"/ =3L3"5 0,"-"/ -0M0<="4"5 T05 -"5

*"53;0" d(R$20"3 *$56"="4"5 ;$,"#"0 !"#$ &'()*+,-"#"( $(#$. -'()")$()."( &',/(#"* 011"* 2"(3$.#/ ."!/* !"4"() .'&"2" -".*1$.5

[(T3;=$'3 =3#"; *$5#"#35#4"5 +22"/ -"5 *$*320"4"556" =0-"4 "4"5 -04$="/30 ;$*"="A*"="

,$'<"5-34"5 "4"2 =$="<0 <$'23 *$5#043= ;6"'0"=56" -"5 <"5-3"5 "'A.";32( b"5="'"5 0=3 "22"/

*$5#3'50"4"5 504*"= 4$<"-" /"*,"56" -$5#"5 *$5#3=3; <"'" '";32 ,"#0 *$5L$2";4"5 L"2"5 -"2"*

*$*$53/0 4$-3"A-3" =35=3="5 0,"-"/ =$';$,3=(

Y( R$'-"49"/ 4$ L"2"5 +22"/ "-"2"/ ;$=05##0 P =05##0 '3<",$5=34 35=34 *$5#"#35#4"5 "22"/(

`( E50 ,$'$'=0 ;$>'"5# &"0@$ ="-0 ,$'-"49"/ 4$<"-" ;"=3 D04'"/ "="3 ;"=3 *"=2"*"= C 4$*3-0"5

*$5#$'"/ ;$23'3/ =$5"#" -"5 3;"/"56" 35=34 *$5M"<"0 <$'4"'" =$';$,3= *"4" ,"#056" #"5L"'"5,$;"' -0 ;0;0 "22"/(

^(R$'-"49"/ L3#" ;$,"#"0 ="5-" 4";0/ ;"6"5# ;$>'"5# -"0@$ 4$<"-" /"*," "22"/( E50 4$'"5" =3#";

-"49"/ 0"2"/ *$5#$23"'4"5 *"53;0" -"'0 4$#$2"<"5 L"/02066"/ 4$<"-" M"/"6" E;2"*C -"'0 L"2"5

*$53L3 4$ 5$'"4" 4$<"-" L"2"5 ;63'#"(

a( &3" *"=2"*"= 7#"67/- 1/ "-,/11"* Q !4"8"9"* :"1" /3"2/11"/:*320" 050 *$'3<"4"5 *"=2"*"= 0,"-"/

6"5# L3#" *$'3<"4"5 *"=2"*"= ,$'-"49"/ -0 L"2"5 +22"/ -"5 4$;$2"*"="5 -0 -350" -"5 "4/0'"=

=$'M"<"0 -$5#"5 4$-3"A-3"56"(

U_( !"'" 5",0 -"5 '";32 ;$5=0";" 4>*0=$- -$5#"5 *$2"4;"5"4"5 =3#"; 050 ;$,"#"0 ,34=0 4343/ 35=34*$5M"<"0 4$;$2"*"="5 -"5 *$5L"3/0 4$,05";""5(R"56"4 "6"=A"6"= "2A83'"5 6"5# *$56$5=3/

<$'4"'" =$';$,3= ;$<$'=0 G

> ;/!"* <$* = >$($! ? @A B

> ;/!"* C$2 = C$2 ? DE B

> ;/!"* F+1/* =C$2 ? GGB

> ;/!"* H$# = C$2 ? EIJEKB

> ;/!"* F4$"/3 = C$2?LMB

> ;/!"* N$!" "5! ="1J:","8 ? IAGJIA@B

UU( B$;$2"*"="5 75"L"=: *$5$'3;0 "6"=A"6"= -0 "="; -0M"<"0 -$5#"5 ,$'-"49"/( e0-"4 "-"4$'3#0"556" ,02" 40=" ,$'-"49"/(.";32322"/ ;("(9 <$'5"/ ,$';",-" -0 -"2"* /"-0; 6"5# ,$'*"4;3- G



F # ! " # $

A 7=0-"4 "4"5 ,$'2"43 B0"*"= 4$M3"20 ,02" ,$'2"43 4$L"/"="5 *"53;0" B5 C"2/! /(/ -'()/!4","#."(

O/"-"# 3',1".$ "&"3/1" */1"() "#"$ #/"2"(4" #$)"! 2".P"* 2"( P$Q$2(4" &"," &'(2".P"*5

A /"-0; 2"05G =0-"4 ,$'2"43 40"*"= *$2"054"5 4$ "="; *"53;0"J 6# L"/"= 7*3;20*:

A -0*"=04"5 >'# 6# ;>2$/ ;$>'# -$*0 ;$>'#C 6# =05##"2 "-"2"/ /3=/>2"/ 76# "22"/ X /0'"3 2#;#: 7,34/"'0:

A ;$;35##3/56" "22"/ *$5#0'0*4"5 <$'3=3;"5 ;"=3 "5#05 -' 6"*"5C -0 *"5" "5#05 050 ;#= 2$*,3=C

"5#05 050 =0-"4 "4"5 *$505##"24"5 ;$>'# <35 6# *"5" -2* /"=056" *$*<356"0 0*"5 79"2"3<35

;$,$;"' ,0L0"5: *$2"054"5 "5#05 0=3 *$*"=04"5 >'# =$';$,3= 7,34/"'0:

UJ( -"49"/ 5",0 *3/"**"- "-"2"/ 4$"*"5"5 4<- 4$*"53;0""5( T04" -020/"= <- 3*"=J ;,2* 5",0

*3/"**"-C -0"S", ;M' 0;=0@;>2 7-0"S", ;$/05##" =$'/"<3; 2#;#:C =< 050 =0-"4 ,$'2"43 <- 3*"= 5",0

*3/"**"-( E"56" ;"=3 4$;$2"*"="5 4'5 *";0/ "-" <$23"5# 3=4 ,$'="3,"= -"5 4$*,"20 4$ L"2"5 6#

23'3; -"5 0"56" L3#" ;"=3 <$5#/>'*"="5 <- 3*"= 5",0 *3/"**"-(

UJ( B$*320""5 *"53;0" "<",02" 93L3- 3;"/" -"49"/ -"5 93L3- <"'" -"0@$ -"5 "<",02" =0"-" 4$-3"A-3"56" *"4" *"53;0" "4"5 *$5$'0*" 4$'3#0"5 4$'"5" /02"5#56" ;$,", 6"5# *$5#/";024"5

4$*320"5 *"53;0" =$';$,3=(I"4" -"49"/ "-"2"/ <'"A;6"'"= "="3 ;$,", 35=34 *$5M"<"0

4$;$2"*"="5 -"5 4$*320""5 /0-3< 05;"5 -0 *34" ,3*0 "22"/(B$;$2"*"="5 0=3 =0-"4 =$'/$5=0 <"-"

;$>'"5# 05-0?0-3 -"'0 ;$#"2" #"5##3"5 M$2""5 -"5 4$;"40="5 =$="<0 L3#" 4$;$2"*"="5 T"*""/ -"5

f04'"/(

U\(I3/"**"- +/*"- +'A.";60- *$5L$2";4"5 ,"/"9" 4"() 2"&"# -'(4$R/."( ./#" *"(4"1"*

2'()"( 3',2".P"*( R$'-"49"/ 35=34 *$5M"<"0 4$-3-34"5 =$'=05##0 -0 ;63'#" 0"0=3 L"55"=32

f0'-"3;((1$2"*" *"5" 40=" =0-"4 ,$'-"49"/ ;$2"*" 0=32"/ 40=" =0-"4 *$*<$'>2$/0 4$*320""5 -"5

4$"#35#"5 -0 ;0;0 "22"/(

+63/ *"'0 40=" ,$'-"49"/N

$'.3'5 ; K.()'( 4.,', %4'5' 4%())%5+%M L22'5 +.+,.&-/'( 1.0%(>%/

/.1'3' 4.=&'() 2.2'/- -0% '3'2'5 2.,-5 ,'-/ ,')-+% 3'&- %(0' +.&'5

.";32322"/ ;("(9 *$*,$'0="/3 4$<"-" +20 ,( +,0 ="20, 4$=04" 0" *$*,$'04"5 <"5L0 <"-" /"'0 B/"0,"'(

+20 ,$'4"=" G g +="; "<"4"/ "43 ,$'L0/"- *$*$'"5#0 *"53;0"C "-"4"/ 40=" ,$'<$'"5# ;$/05##"

*$'$4" *$5L"-0 ;$<$'=0 40=" 7*3;20*: d( I"4" 4"=" ,"#05-" ;("(9 G g -$*0 "="; '0;"2"/I3 ;$/05##"

4"*3 =3'35 -0*$-"5 *$'$4" C4$*3-0"5 ;$'32"/ *$'$4" 4$<"-" E;2"*C -"5 4/","'4"52"/ *$'$4""<" 6"5# *$5L"-0 4$9"L0<"5 4$ "="; *$'$4"C -$*0 +22"/ h &$5#"5 ;$,", 3;"/" ;35##3/I3C "22"/

*$*,$'04"5 <$=35L34 4$<"-" ;$>'"5# 2$2"40 0=3 "-"2"/ 2$,0/ ,"04 ,"#0I3 -"'0 35=" *$'"/i )0-"6"/

"22"/ "-"2"/ ;$,$5"'A,$5"' <$=35L34( e0-"4 "-" ;$2$<";56" *$2"054"5 4$;$;"="5( B$=04"*"5" +22"/

*$*,$'04"5 <$'4$5""5 4$<"-" ;"5# &"@0$ "="; 3;"/"56" ;$/05##" *$5->'>5# >'"5# *$5$'0*"

;$'3"556" C *"4" ;0#50D04"5 <$5$'0*""5 =$';$,3= "*"= *320" -"5 "#35#(

B$'"5" "<" 0" *$5L"-0 *320"C "#35# -"5 /$,"= d

U(E" +.(*.2'+'0/'( 1'&' +'3N%(*' 0'3- 3'&- 0.&>.,'/ /. 3'2'+ '1- (.&'/'( 1$;0"<" 6"5# -0L"3/4"5

-"'0 "<0 5$'"4" ;$,$5"'56" 0" "-"2"/ "53#$'"/ "22"/ 4$<"-"56" "="; 3;"/" ;"5# &"@0$ -"5 I3'",,0

6"5# *=$2"/ *$5L"#" -"5 *$5-0-0456"(1"5# -"@0$ ="-0 =$2"/ *$534"' ;0D"= 4$4"2 -0 -"2"* 5$'"4"4$<"-" 4$4"2 -0 -"2"* ;63'#"(1$>'"5# -"@0$ 0=3 *$*,$'04"5 L"2"5 4$ 163'#" ;$,"#"0 /"-0"/ 4$<"-"



O # ! " # $

*"53;0" -"5 *$535L344"5 *$'$4" *"4"* 4$,"/"#0"5 /"4040(1$2"*" 0=32"/ <"'" -"@0$ ="-0

*$5-"<"= ,"2";"5 <"/"2" -0;0;0 +22"/ ,$'-";"'4"5 4"-"' 3;"/" -"49"/56"(

J(1$=0"< #$'"4 -0"* C ;$=0"< =";,0/C ;$=0"< ="4,0'C ;$=0"< '$4""= -"5 ;3L3- 6"5# -02"434"5 >2$/ *$'$4"

6"5# *$*<$'>2$/0 /0-"6"/C ;$=0"< ;0D"= 0/;"5 "22"/ 4$ "=";56" ;$*3"56" 0=3 "-"2"/ -0;$,",4"5 >2$/

3;"/" ;$>'"5# -"@0$ 6"5# *$5L"-0 <$=35L34 L"2"556"(O",0 ;("(9 <$'5"/ ,$';",-" P '3E3''2 Q'2'2/5'-& /' I'N-2-5-R 7 '09"6"= I3;20*: P !"#$% '#$% ()$*$+*, +#-#$ ,) #"#. ,)/#0,#$ /)"!-).

%#$+#"#$ 1)2)"30 2)-#,*$'# 1)-#(# ()$%#(#-,#$$'#4 &"2"* )"-0; 2"05 5",0 ,$';",-" 6"5#

,$'*"4;3- j g ;$;0"<" 6"5# *$2"434"5 ;"=3 ;355"/ 6"5# ,"04 ,"#056" <"/"2" C -"5 <"/"2" >'"5#

6"5# *$2"434"5 ;$2$<";56" 7*$5#043=056": ="5<" ,$'43'"5# ;$-040= <35 <"/"2" *$'$4"((i 7 '09"6"=

I3;20*:( &"49"/ 0=3 *$'3<"4"5 <05=3 4$,"04"5 6"5# ;$5=0";" =$',34"( !"/"2"56" *$505#4"=C

,$'="*,"/ -"5 ,$'4$*,"5# ;3,3' -"'0 ;$/"'0 4$ ;$/"'0(H;"/" -"49"/ 5",0 "-"2"/ M>5=>/ =$2"-"5

,3"= 40="( H;"/" 1"0-05" ",3 R"4"'C R02"2C +**"'C B/"-0L"/C ]+;*" *$5#0;2"*4"5 *"53;0"

2"05((<"/"2" *$'$4" =0-"4 =$'<3=3; ;$/05##" /"'0 +4/0'"=(

\(I$'$4" 6"5# *$5-"<"= /0-"6"/ -"'0 ="5#"5 ;$>'"5# -"@0$ "4"5 *$5L"-0 1.()%'0 3'( 1.(3=&=()

/.1'3' 4'() K'N-. 0'3- +.2'/4'('/'( &-4'2'5(*'( &0" *$5"*,"/4"5 3;"/" ;"5# &"@0$( E50 4$'"5";0D"= -"49"/ 0=3 ;$5=0";" ,$'4$*,"5# -"5 *$*,0"4( &"49"/ =0-"4 "4"5 ;$*"405 43"= -"5 <"-3

*$2"054"5 93L3-56" "5";0' ,"'3 6"5# 43"=(e0-"42"/ 4$"-""5 3*"= 0;2"* ;02"* ,$'3,"/ -"'0 D";"

'"/;0" 4$<"-" D";" =$',34" *$2"054"5 4$=04" H*"' "2AB/"==", -"5 )"*S"/ *$5#0;6=0/"'4"5

4$0;2"*"5 *$'$4"( &"49"/ L3#" ,$'3,"/ -"'0 ,$5=34 L"*""/ 4$<"-" ,$5=34 *";6"'"4"= ;$2$<";

<"'" +5;>' ,$'"*"0A'"*"0 *$*$234 E;2"*(

Z()0-"6"/ "-"2"/ 4'0% %42%, 3'&- %42%, /.+.('()'( I-?-/'2 6"5# =0-"4 -0M"<"0 *$2"230 L"2"5

<$<$'"5#"5 "="3 *"=" <$-"5# "="3 ,3;3' <"5"/C =$="<0 *$2"230 L"2"5 ],$'-"49"/ 4$ L"2"5 =3/"5I3

-$5#"5 M"'" 6"5# <"205# /04*"/C-$5#"5 <$'05#"="5 6"5# ,"04 ;$'=" ,$'-$,"= -$5#"5 M"'" 6"5#

<"205# =$',"04((@ 7"5AO"/2 G UJ[:

[(1$;35##3/56" >'"5# *$*<$'>2$/0 M"/"6" /0-"6"/ *$2"230 ="5#"5I3 9"/"0 <"'" &"@0$C

;$;35##3/56" 0" *$'3<"4"5 4'0% ,-(''( -42'+ -"'0 '35=3/"5 ,05""5 T"/0206"/( E" "-"2"/ ;"=3

4$'3#0"5 ,"#0 16"0="5 -"5 <"'" <$5>2>5#56" -"5 4$35=35#"5 ,"#0 +22"/ -"5 <"'" <$5>2>5#

"#"*"56"(R$#0=32"/ /"'0A/"'0 -0 I$4"/(('>,>/56" =0"5#A=0"5# L"/020"/ ;"=3 -$*0 ;"=3((B$=04" *"5"

<"'" <$*,$;"' 83'"0;/ ;0,34 *$*,0M"'"4"5 #>2>5#"5 6"5# 4$23"' "#"*" 5$5$4 *>6"5# *$'$4"C

4$=04" 0=32"/ >'"5#A>'"5# E;2"* ,$'#$*,0'" -$5#"5 *";3456" *$'$4" 4$ -"2"* E;2"*(!02"'A<02"'

4$43D3'"5 *3;5"/ -"5 /02"5# ;$=0"< /"'0 /05##" '>,>/ =$*,>4A=$*,>4 L"/0206"/ -$5#"5 3;"/"

-"49"/ 1"5# &"@0$(

$'.3'5 A S'5'2' 0.&5'4-2 3.()'( ,.&3'/7'5 3'( 0-3'/ 1'3' 1.(.&-+''(+'(%4-'

U( B"$-"/ 050 *$'"9"= 4$;02"<"5 6"5# ;$'05# ,$'2"43 <"-" 4$,"56"4"5 *"53;0"( 1$'05#4"20 *$'$4"

*$5#/"'"<4"5 ,"2";"5 -"5 5"=0L"/ 6"5# ,$';0D"= -350"90 7 -020/"=: /"==" -"2"* 3'3;"5 -"49"/ <35(

1$-"5#4"5 <"'" O",0 +(1 L"3/ -"'0 ,$';0D"= -$*040"5 ;$4"20<35 ;$-040= 6"5# ,$'0*"5 -$5#"5 '0;"2"/

*$'$4"( k>5=>/02"/ 4$;35##3/"5 -"5 4$=$435"5 O",0 O3/ +(1 -"2"* ,$'-"49"/ ,0"'<35 ;$-040=

6"5# *$56"/3=56" 9"2"3<35 *$*"4"5 =$*<>/ ;$2"*" 2$,0/ a[_ ="/35(7 "2A+54",3= G UZ :(

J( +22"/ /"56" *$535=3= "*"2C *$56"*<"04"5 -"49"/ -"5 =",20#/ ,34"5 *$20/"= 4$<"-" 5"=0L"/

7/";02:(



T # ! " # $

g &"5 ;$40'"56" *$'$4" ,$'<"205# 7-"'0 ;$'3"5I3:C *"4" =0-"42"/ 4"*0 *$5#3=3;4"5 l5#4"3 4$<"-"

*$'$4" ;$,"#"0 <$5L"#" *$2"054"5 0"2"/ 35=34 *$56"*<"04"5 ;$'3"5 B3 ( 7R"2"#/:i7+;A163'"G Z^:

g -"5 ;$,$5"'56" .";32 +22"/ /"56"2"/ 35=34 *$56"*<"04"5 ;$'3"5 -$5#"5 <$5L$2";"5

56"="i713'"/ +5AO3' G[Z:

\( )0-"6"/ 050 "-"2"/ *0204 "22"/C 40=" /"56" -0=35=3= *$2"4;"5"4"556"(

g 1$;35##3/56" l5#4"3 7 I3/"**"-: =0-"4 -"<"= *$*,$'04"5 <$=35L34 4$<"-" ;0"<" 6"5# $5#4"3

4";0/0 =$="<0 "22"/ *$*,$'04"5 <$=35L34 4$<"-" ;0"<" 6"5# 0" 4$/$5-"40i( 7 +2A8";"; G J^:

Z( 1$;0"<" 6"5# *$*"/"*0 4"$-"/ 050C *"4" -0" =0-"4 "4"5 -0'35=35 '";" 4$M$9"C2$*"/C <3=3; ";"

-"5 =$4"5"5 <;04>2>#0 ,$'-$<"5 -$5#"5 4/"2"6"4 -"5 <$2,"#"0 '"#"* *"53;0" 6"5# *$5>2"4 ;$'3"5

-"49"/56"(+22"/ =$2"/ *$2$<";4"5 4$;34"'"5 ,"#05-" 1(+(W -"5 =0-"4 *$*,$,"54"5 ,"#05-"

-023"' 4$*"*<3"556"(

g T"5#"5 4"*3 *$'";" ;$-0/ =$'/"-"< *$'$4"Ni 7+5AO"/2 GZ:

g I3-"/ *3-"/"5 l5#4"3 7 9"/"0 I3/"**"-: =0-"4 *$*,05";"4"5 -0'0I3 -0;$,",4"5

*$5"5##35# -34"M0=" =$'/"-"< <$',3"="5 ,3'34 *$'$4"C L04" *$'$4" $5##"5 ,$'0*"5 -$5#"5 +2A

83'"5i( 7+2AB"/D0 Y:

[( 1"5# &"@0$ /"'3;2"/ ,$'L09" ,$;"' 4$=04" *$20/"= *"53;0" ,$'<"205# -"'0 -"49"/ -"5 *$*020/

L"2"5 4$ 5$'"4"(B"=" I3L"/0- C 4"20*"/ ]3".*/6$(@ 0=3 ,$'*"4;3- ]4$="43="5@ 0"0=3 L"5#"52"/ 4"*3

'";" ="43= ;$/05##" *$5##3#"= -0'0*3 ,"/4"5 =$'3;4"5 *$56"*<"04"5 '0;"2"/ +22"/C *"4"

,"'"5#;0"<" 6"5# -0,$'0 <$=35L34 C 0" "-"2"/ 35=34 -0'056"( R$#0=3 L3#" *$'$4" 6"5# =$2"/ ;$;"= C

*"4" 0" ;$;"= 4$ "=";56"(

Y( +22"/ *$2$<";4"5 ,$,"5 4$<"6"/"5 -"5 4$;34"'"5 -"'0 <"'" &3@"= 3*"= O",0 I3/"**"- 1(+(W

6"5# =$2"/ ,$';35##3/A;35##3/ *$*,"9" '0;"2"/56" ;$4"20<35 *"53;0" =0-"4 *$5-"<"= <$=35L34

-"5 *$5$'0*" ;$'3"5 =$';$,3=(

`( B"$-"/ 050 L3#" *$'"9"= <$56"40= -40-N>'2 7#><>/ #"<"/: 6"5# *$2"5-" <"'" -3@"= *";"4050 0"0=3

<"'" <$5-"49"/ 6"5# /"56" *$5"5=0 5"=0L"/ -0 -350" -"5 *$2$="44"5 0" ;$,"#"0 ;6"'"= <$5$'3;"5 -0

L"2"5 -"49"/(( E50 *$'3<"4"5 ;"2"/ D"/"* =$'/"-"< L"2"5 -"49"/ -"5 ,$';"2"/"5 -$5#"5

4$=$'"5#"5 6"5# 56"=" =$5="5# B"$-"/ &"49"/ ;$<$'=0 6"5# -0;$,3= -$5#"5 L$2"; -0 -"2"* +2A83'"5

-"5 )"-0;(

^( +2A83'"5 *$5L$2";4"5 =0-"4 "-" 4$;$2"'";"57="2"S3*: "5="'" =35=3="5 ]3'/7'5@ -"5 Q-40->','5N 7<$5$'0*""5 *"53;0":( &"@0$ -0=35=3= ,$'3;"/" -$5#"5 ;$-"6" 6"5# *35#405C *$5#$'"/ 4$'05#"=

-"2"* ,$'-"49"/ =$="<0 5"=0L"/ =$';$'"/ <"-" +22"/( +22"/ "4"5 *$*,$'04"5 <$'=>2>5#"5 4$=04"

*"5" -"49"/ ;3-"/ ,$'/",0;A/",0;"5 -"5 ;"*<"0 4$*35M"4 3L0"5 ;$,"#"0*"5" "22"/ *$56"="4"5G

g -"5 *$'$4" =$2"/ -0#>5M"5# 7-0#3#"=: 4$0*"5"5 *$'$4" ;$/05##" ,$'4"=" .";32 "(; -"5 >'"5#A

>'"5# 6"5# ,$'0*"5 G R02"4"/ "4"5 -"="5# <$'=>2>5#"5 +22"/ di( E" "-"2"/ <$'05#4"= <$'=$5#"/"5

7<$5#/3,35#: 4$=04" -/"'3'>/ 74$*35M"4 3L0"5:(

^( E50 =0-"42"/ ,$'*"4;3- ,"/"9" <"'" &"@0$ =0-"4 -0=35=3= *$5#/",0;4"5 ;$<$53/ 3;"/"56" -"5

*$5##35"4"5 4"$-"/ 6"5# =$',"04 -"2"* 3;23, -"5 *$=/>- ,$'-"49"/( 1$,$5"'56" ;$>'"5# -"@0$

/$5-"42"/ ,$'=$'3;"5C <'>A"4=0DC =0-"4 *3-"/ '";" 2$2"/ -"5 2$*"/C ,$';$*"5#"= -"5 ,$'*>=0?";0

-"2"* *$56"*<"04"5 -"49"/ ;$/05##"2"/ "22"/ *$*$5"5#4"5 '0;"2"/56" -0 -350" "="3 -0 "4/0'"=(



U # ! " # $

V.(0-'4' +.+,%&% 1'5'2'W+.&'-5 4*%&)'W /'1'( '>'2 ,.2%+ 0-,'W

$'.3'5 C V.=&'() K'N-. 5.(3'/2'5 4'+1'- /. 2.X.2 Q+%,'22-)5N 3'( ,.&%4'5'

+.(Y'1'- Q'2E,'2')5N9 /.1.0'5'( 3'( /.,->/4'(''( +.(*'+1'-/'( 3'/7'5:

U( e3#"; ,$'-"49"/ -0 L"2"5 "22"/ =0-"42"/ ;$-040= -0,"5-05#4"5 -$5#"5 =3#"; *$5#"L"4 -"5 *$5M"'0

4$35=35#"5 -350"( B0=" <$'M"6" ,"/"9" <$*0204 3'3;"5 =$';$,3= "4"5 *$5##35"4"5 M"'" 6"5#

=$',"04 -"5 <"205# 23"; <$5#"'3/56" 35=34 *$5"'04 *";;" "#"' 6"405 -"5 <$'M"6" -$5#"5 ,"'"5#

L3"2"556"( !$50"#" =$';$,3= "4"5 *$5##35"4"5 <$2,"#"0 =$4504C ;='"=$#0; ;$<$'=0 <$5##35""5 4"="A

4"="C 023;='";0 #"*,"' -"5 <'>*>;0 /"-0"/ ,"#0 *$5M"<"0 /";'"= -"5 *"=2"*"= *$*<$'>2$/0

4$35=35#"5 L3"2"556"(

J( +22"/ =$2"/ *$5L"-04"5 =3#"; -"49"/ 6"5# -0,$,"54"5 4$ "="; '";32A'";32 -"5 5",0A5",056"

/$5-"42"/ ;"*<"0 4$ ="/"< #-5/#-#%.( 7 4$05-"/"5 -"5 4$M"5=04"5 :( E50 =$'35#4"< -0 -"2"* ;"'"5"5

"2AF3'"5 <"-" "6"=A"6"= ,$'043= G g -"." #/2".1"* &"," ,"!$1 /#$ -'1"/(."( $(#$. -'(4"-&"/."(

2'()"( R"," 4"() Q'1"! 1")/ #',"()55S 7 "5AO"/2 G \[: (B$=04" *"53;0" ;$*3" ,$'<"205# -"'0 ;$'3"5

-"49"/56"C "22"/ *$*<$'=$#";4"5 *$2"230 D0'*"556" "4"5 =3#"; <"'" '";32 0"0=3 G g 7'5'- /'%+/%M

4.4%())%5(*' '/% 0.2'5 +.(*'+1'-/'( &-4'2'5 H%5'($%<<R 7 +2A]+'"D G`a:

\( L2EZ'2')5 "-"2"/ 4"=" "4"' -"'0 <$'4"=""5 /#5-#5%.# ,$'*"4;3- ;"*<"0 "="3 /"*<0' 4$<"-"

;"*<"0 7 <35M"4 =$'=05##0:( 8,( ["'0; *$56$,3= ]!"-&"/ .'&"2" !'!$"#$65 I"5"4"2" "2AR"2"#/"/ <32"

0"2"/ 6"5# -0<3L0 "4"5 4$D";0/"5 74$2"5M"'"5 -"5 4$<$="/"5: 4"="A4"="56" 4$'"5" 0" -"<"=

*$56"*<"04"5 "<" 6"5# 0" 4$/$5-"40( L2EL?5'&- *$560*<324"5 <32" G ]/)",#3# !"#$% #"#/ ,)2#6#

/)"03# '#$% 3)-#. 601#(2#0,#$ 1#-#. 1)!"#$% 6#"02#6# ()"),# 6#$ ()"),# 306#, 6#2#3

()(2#130,#$$'#7()(#.#(0$'#8 (#,# 60# 3)-#. ()-#,*,#$ ,)/*"*,#$ ,) #3#1 ()"),#96)$%#"

3#20 306#, /#-#%. 0#03* ,#(0 ()$6)$%#"$'# 3)3#20 306#, 1#(2#0 ,)2#6# ,#(044:

Z( e0-"4 "-" ]0@=0S"'@ 7*""D: 4$ "="; ;$>'"5# &"0$ 6"5# #"#"2 7*$56$*,35604"5: -"2"*

*$56"*<"04"5 ;$'3"5 -"49"/56" ;$,"#"0 D0'*"5 +22"/ -0 -"2"* ;3'"/ "2AI"0-"/ "6"= YY( L2E

\%&0%,- *$56"="4"5 G g #'#3 0$0 #6#-#. 3#:60/ ,)2#6# ;#/0 <=> 6#$ !"#$% '#$% /)"0-(* 1*2#'#

()"),# 306#, ()$')(/*$'0,#$ 1)1*#3* 6#"0 1'#"0#3$'#4i( L2EZ'2')5 -0 ;050 3$."( !'-"#"J-"#"

&',.*"3","( "#"$ &'-3',/#"*$"( #'#"&/ ,/!"1"* 2".P"* /#$ !"-&"/ .'&"2" !'#/"& -"($;0"(

[( +5="'" =35=3="5 "2AR"2"#/ 0"2"/ 1)!"#$% 6#0) 1)6#" 6#$ 2),# #2# '#$% /)-0#* 1#(2#0,#$ ( E50

4$'"5" =0-"4 "-" <'>;$; =",20#/ ="5<" "-" 4$;$-"'"5 79"@635:( E50 ,$'-";"'4"5 ;",-" .";32322"/

1+W G g "11"* -'-&','1+.."( !'+,"() 1'1"./ 4"() -'(2'()", ."#"J."#".$ 1"1$ 2/" !'2",T *"8"1 2"(

-'(4"-&"/."((4" =&"2" +,"() 1"/(B55S ( L2E$5-0',- *$56"="4"5 "11"* -'-&','1+.."( =("22*","11"*B

3',-".!$2 2+" 3")/(4" 2'()"( .'R"(#/."( 2"( .''1+."( /"/#$ (/.-"# 2"( .')'-3/,""(( B$05-"/"5

-"5 4$M"5=04"5 "-"2"/ 4$;"5A4$;"5 =",20#/ 6"5# "-" <"-" ;0D"= *3,"20#/( I$'$4" *$*02040 9"L"/A

9"L"/ 6"5# M$'0" -"5 M"5=04 -0 -350" -"5 "4/0'"=( R$20"3 *$56"="4"5 ,"/"9" -02"'"5# 7=0-"4 -0;34"0:

*$'05#4";4"5 7*$*,"M": /"-0; 35=34 >'"5# 6"5# =0-"4 *$5M"<"0 -"'L"= =$'=05##0

4$D"/"*"556"7D04/:(T3;=$'3 "2A9"@635 0=3 0"2"/ -'()*"8"1 ("! 2"( -'1".!"("."( 8$()!/(4" !'&',#/

4"() 2/!'3$# 2"( +,"() 4"() 8"9/* /"1"* 4"() -'(Q")" ("! 2"( -".!$2 J-".!$2(4" 4"() 3',8"'2"*5

Y( e$'*";34 -"'0 =35=3="5 '2E,'2')5 -'2'5 '2EZ'2')5'5 74$2"5M"'"5C 4$M"5=04"5 -"5 4$05-"/"5

,"/";":( \'%2'( Z'2-)5' -0 -"2"* "6"= Y` ;3'"/ "5A O0;"@ 0"2"/ 4"="A4"=" 6"5# =$'/";02 -"'0

4$M"5=04"5 1"8"7 2"( -".(" -'1/&$#/ $(!$, #",)*/3 2"( #",*/3T 2+,+()"( 2"( "-","(T )"(Q","( 2"(

3"1"!"(( 1$;35##3/56" 4"="A4"=" 6"5# -$*040"5 "4"5 ,$',$4"; 4$<"-" L09"( b"5="'"5 0=3 ;$=0"<

<$5-"49"/ <$'23 *$*"/"*0 ;$50 ,"/";" -"5 #"6" 3;23, "#"' -"<"= *$56"*<"04"5 '0;"2"/

-"49"/56"(



] # ! " # $

`( +2A83'"5 *$5$#";4"5 4$3="*""5 "2Af";>/"/ 74$2"5M"'"5: -"5 4$;$L"/=$'""5 ,$'05=>5";0 -0 -"2"*

*$56"*<"04"5 4"="A4"="( +22"/ ,$'D0'*"5 -0 -"2"* ;3'"/ e/>/" "6"= J^ 4$=04"5 O",0 I3;" "(;

,$'->" "#"' -0,$'0 4$2"5M"'"5 -"5 4$D";0/"5 20-"/( O",0 I3;" "(; ;$-"' -"5 D"/"* ,"/"9"

4$;$L"/=$'""5 05=>5";0 -"5 4$D";0/"5 4"="A4"=" "-"2"/ ;$,", *$5M"<"0 "2A,"2"#/ -"5 *$5$#"44"5

/3L"/(+6"= 050 *$*,$'0 ;0#5"2 ,"/"9" 1)30#2 6#:0) .)$6#,-#. /)"*1#.# ()(/0#1#,#$ 60"0$'#

6)$%#$ 1)/*3#$ '#$% -#$?#"@ /)3*- 6#$ 306#, 3)"1),#351),#34

^( +5="'" 2"5#4"/A2"5#4"/ 6"5# -"<"= *$*,"5=3 ;$>'"5# -"@0$ 35=34 ;"*<"0 4$ <$'05#4"= "2AR"2"#/

0"2"/ ;$<$'=0 ,$'043= G

A ^%>%3 0.+'( 4.1.&>%'()'( 6"5# -"<"= *$5>2>5# *$*<$',"040 *$=>- <$56"*<"0"5 -"49"/56"

;$,"#"0*"5" =05-"4"5 O",0 I3;" "(; -$5#"5 O",0 )"'35 "(;(

A I$5##35"4"5 0./(=2=)- +=3.( 3'( ,'5'( -(0.&'/0-I ;$*";" ;$<$'=0 bk&C +3->A?0;3"2C D02*C <$="C

3A=3,$C 05=$'5$=C ;>;0>-'"*" -"5 ,"/"5 ,"5=3 *$5#"L"' ;$'=" 2"05A2"05 2"#0(

A I$*<$2,"#"04"5 0./(-/ 3'( %42%, 1.(*'+1'-'( 3'/7'5 ;$,"#"0*"5" -"49"/ O",0 O3/ "(;(&"49"/ 4$=04" =$',34" =0-"4 ;"*" 4$=04" =$'=3=3<C -"49"/ 6"5# -0;"*<"04"5 -0 9"4=3 *"2"* =0-"4

;"*" -0 9"4=3 ;0"5#C ,>2$/ L"-0 -"49"/ ,$',$4"; L04" /"=0 ,$'"-" -0 9"4=3 2"<"5# -0,"5-05# 4$=04"

;0,34C ,$#0=3 L3#" ,$'4$;"5 4$=04" ;"40= ,34"5 -0 9"4=3 ;0/"=(E,5 B"=/0' *$5L$2";4"5 G ]<$2,"#"04"5

3;23, "#"' -"49"/ 2$,0/ ,$'L"6"((i 7 *$'3L34 =05-"4"5 O",0 O3/ "(; 4$ "="; 4"3*56":(

A I$5##35"4"5 /'0'E/'0' *'() 2.+,%0M 2%('/ 3'( .('/C *$*020/ 4"="A4"=" 6"5# *$5"'04C

*$*"5##02 -$5#"5 5"*" 6"5# 05-"/ 4$<"-" <"'" *"-@3(E50 =0-"42"/ ,$'*"45" 40=" ,$';04"< *3-"/

-0 -"2"* /343* ;6"'"4 -"5 ,$'=>2"4 "5;3' -$5#"5 "/20 ,"=02(I$55#35"4"5 4"="A4"=" 6"5# 2$*,3=

*$5$<"=0 '3/ "-A-"49"/ -"5 <'05;0< ,$'-"49"/ -$5#"5 4"="A4"=" /04*"/ -"5 <$'05#"="5 6"5# ,"04(

7 *"30S"/ /";"5"/:(

a( +5="'" =35=3="5 "2A,"2"#/ L3#" 0"2"/ *$5##35"4"5 /'2'+ '2EI'42 91.&/'0''( *'() >.2'4M 0.1'0 3'(

1.())%)'5 1.&5'0-'(:< R"#0 *$5-"<"=4"5 4"="A4"=" =$';$,3=C <$'4"'"A<$'4"'" ,$'043= ,>2$/2"/

-0"*,02 40'" 0"0=3 G

• m35"4"5 0;=02"/ ;<$;0D04

• m35"4"5 4"="A4"=" ;$-$'/"5"

• )05-"'0 0;=02"/ P0;=02"/ =$450;

• m35"4"5 =$4504 <$5#32"5#"5

•

)05-"'0 4"="A4"=" 420;$

• m35"4"5 ,"/";" <";"'"5 ;$M"'" ,$'/"=0A/"=0

•

)05-"'0 4"="A4"=" 6"5# =0-"4 ;><"5 -"5 ?32#"'74";"':• T"5#"5 *$*,$'04"5 L>2>4"5

• T"5#"5 *$5##35"4"5 $3D$*0;*$ ,$'2$,0/"5(735#4"<"5 <$2$*,3=:

• m35"4"5 4"="A4"=" 6"5# *$56$5=3/ 4/"2"6"4

•

m35"4"5 4"="A4"=" ,$'>5" 7 *$2340;4"5 ;04"< "="3 <$'";""5:

•

m35"4"5 ,"/";" D0#3'"=0D 7,"/";" 6"5# -0,$5=34 ;$/05##" *$50*,324"5 4$;"5 6"5# 05-"/:

• m35"4"5 4"="A4"=" =05-"4 -"5 <$5#/"'"<"5

U_( 1$,"#"0 <$'05#"="5 ,3"= ;"5# &"@0$ G

• U".P"* !'R"," &'($* */.-"* 2"( -"$/7"* *"!"("* "."( -'(Q"2/."( -"26$ 3',"2" 2/

*"2"&"( !',$"( 2".P"*5• ;"#"J."#" ."!", "."( -'(Q"2/ 2/(2/() &'(',/-""( 2".P"* .'&"2" -"26$5



!_ # ! " # $

• V'(2".P"* 4"() 3',Q"4" /"1"* -','." 4"() #/2". */1"() )"(Q","( "-"1(4" 2"( -"-&$

-'(!'/-3"()."((4" 2"1"- "&" Q$" .'"2""( !'."1/&$(5

• N"$/7"* *"!"("* 2"( U".P"* 3/1*/.-"* $(#$. -'(",/. &'(2+.+() 2".P"* !'2"()."( "1J

-$Q"2"1"* =&',2'3"#"(B $(#$. -'(')".."( *$Q"*5 W/2"1 #/2". -'-3',/."( *"!/1 3"/. $(#$.

2".P"*5

$'.3'5 F K'N-. +.+,.&-/'( 4.)'2' %4'5' 3'/7'5 3.+- +.(%(0%0 )'(>'&'(

&',,'(-

• &"49"/ "4"5 /0-3< ;3,3'C ,$'4$*,"5# -"5 *"4*3' -$5#"5 *$5#"*,02 40'" D"4=>'AD"4=>'

3;"/" *"53;0"( &"0$ 6"5# ;$,$5"'A,$5"'56" 0"2"/ *$'$4" 6"5# *"*<3 *$5##35"4"5

D"4=>' ;$,", -"5 *3;",", 35=34 =3L3"5 -"49"/ ;$,"#"0*"5" .";32322"/ *$5#"*,02 40'"

D"4=>' ;$,", *3;",", -"5 =$4504A=$4504 ;$*";" 7=$'4050: -"2"* *$5L"6"4"5 *0;0 -"49"/56"(

•

10'"/ *$535L344"5 ,"#"0*"5" <"'" 1"/","= .(+ ,$',$S" <$5-"<"= -$5#"5 O",0 1+W -"5

M3"0 -"2"* *$5#"*,02 40'" D"4=>' ;$,", -"5 *3;",", =$2"/ *$*,$'04"5 4$;"5 6"5#

*$56$-0/4"5 7*$56"40=4"5: -0 -"2"* !$'"5# H/3- 9"2"3<35 .";32322"/ ,$';"*" *$'$4"

-"5 9"/63 =3'35 4$<"-"56"(

• f0'*"5 "22"/ g2" 634"220D322"/0 5"D;"5 022" 93;@"/""((i ,$'*"4;3- ,$,"5 "="3 ="420D 0=3 =$'04"=

-$5#"5 4$*"*<3"5 -"5 4$;35##3/"5 *$2"4;"5"4"5 <$'4"'" =$';$,3=( E*"* 83'=3,0 -0

-"2"* ="D;0'56" *$5L$2";4"5 Gi +22"/ *$5"6"="4"5 ,"/"9" &0" =0-"4 *$*,$,"54"5

/"*,"O6" 9"4=3 =3'35 "6"= -$5#"5 *"5"A*"5" 0,"-"= 70,"-"= /"=0 "="3 0,"-"= "5##>=":

*$2"054"5 -"2"* ;4>< 4$3<"6""5 *34"22"D -"5 -"2"* 205#435#"5 <$5#$="/3"556" 7*"*<3

*$2"4;"5"4"556": -"5 -$5#"5 50"=56"((i(

• 1$>'"5# &"0$ *$5M3'"/4"5 ;$<$53/ -"6" 3;"/" 4$*"*<3"556" -$*0 *$5M"<"0 =35=3="5

-"49"/56" 6"5# ,$;"' -"5 23";(I"53;0" ,$',$S" -"'0 ;3-3= 4$3<"6""5 -"5 4"<";0=056"

=$="<0 -0" <$'23 *$2"434"5 6"5# ><=0*3* ,"#0 *$5M"<"0 >,L$4=0D -"49"/56"(H;"/" ;"5#

&"0$ 0=3 /$5-"42"/ ;$5=0";" *$505#4"= -"5 ,$'="*,"/ -"'0 ;$*";" 4$ ;$*";"(

• !"'" ;"/","= .(+ ,$'<$#"5# -$5#"5 5$'"M" 050( B0=" -"<"=0 *$'$4" ,$'L0/"-C ,$'L3"5# -"5

'"*"0 "5="'" *$'$4" *"=0 -023"' 5$#"'" *$'$4"( b0/"=2"/ +,3 +663, "2A +5;>'0 -04$,3*04"5

-0 B>=" B>5;="5=05><2$C H**3 )"'"* ,( I"2/"* -0 k<6'3;C HF,"/ ,( ]+*0' -0 I$;0' -"5

R02"2 ,( .","/ -0 &"*;604(

•

I$'$4" ,$'=$,"'"5 4$ ;$23'3/ <$23;34 -350" ;$*"="A*"=" 35=34 *$5#"5#4"= <"5L0A<"5L0

E;2"* -"5 *$5#>',"54"5 /"'#" 6"5# <"205# =05##0 "="3 '$5-"/ ;$*"="A*"=" 4$'"5"56"(E50

4$'"5" *$'$4" ,$'<$#"5# <"-" 4>5;$< g2" 63 4"220D322"/ 022" 93; ]""/""((i(

• b0/"=2"/ <"'" ;"/","= '(" ;$3;"0 !$'"5# H/3-C=$'3; *$56"/3= ;$'3"5 "22"/ ;9= 35=34

,$'-$<"5 -$5#"5 >'"5#A>'"5# I3;6'04( B"=" H;"0- ,( )3-/0' G i &$5#"' -"5 e""= 4$<"-"

<$'05="/ +22"/ -"5 .";32 9"2"3<35 "-" ` 234" 4$M$-$'""5(R$#0=3 L3#" e/3D"02 ,( "5AO3@*"5

6"5# *$5#"2"*0 U\ 234"C ,$#0=3 L3#" R"4/'"; ,( +;A1>**"/ 6"5# *$5#"2"*0 U_ 234"

•

E50 *$'3<"4"5 -"202 6"5# *$535L344"5 ,"/"9" E'>-"/ 8>9066"/ 7 4$/$5-"4 6"5# 43"=: 6"5#

-0,$'04"5 -"'0 3;"/" "4"5 -"<"= *$5#/"-"<0 M","'"5 -"5 <$5-$'0=""5( 1$-"5#4"5

4$/$5-"4 74$*"*<3"5: 6"5# 2$*"/ "4"5 =$="< 2$*"/ ;$4"20<35 "-" 9";02"/ -"5

4$3<"6""556"(

• B$*"*<3"5 "-"2"/ *$'3<"4"5 ->'>5#"5 -"2"*"5 6"5# *$5"#"'/ 35=34 *$5M"<"0 =3L3"5

=$';$,3= -$5#"5 0S05 "22"/( e"5<"56" ;$;$>'"5# 0=3 "4"5 -0=0*<" 4$2$*"/"5( T3;=$'3 0=3 O",0

1+W *$5#"L"' 40=" -$5#"5 ;"=3 ->" G gV" "22"/C 4"*0 ,$'205-35# -"'0 ;0D"= ;$-0/ -"5 -34"M0="C

-"'0 2$*"/ -"5 *"2";C -"'0 <$5"40= -"5 ,"4/02C -"'0 ;0D"= *$5"5##35# /3="5# -"5 -043";"0

>'"5# 2"05((i

•

.";32322"/ <$'5"/ *$5#05#"=4"5 40=" -0 -"2"* ;"=3 /"-0; 6"5# ,$'*"4;3- G gI34*05 6"5#

43"= 2$,0/ ,"04 -"5 -0;34"0 +22"/ -"'0 *34*05 6"5# 2$*"/C -"2"* ;$*3" 4$,"04"5 /$5-"42"/



!! # ! " # $

4"*3 ,$'3;"/" *$5M"<"0 "<" 6"5# *$*,$' *"5D""= 4$<"-"I3C <05="2"/ <$'=>2>5#"5 -"'0

+22"/ -"5 L"5#"52"/ 4"*3 *$'";" 2$*"/((in'09"6"= I3;20*o(

• !$'";"5 2$*"/ -"5 '";" =0-"4 *"*<3 6"5# ;$5=0";" *$50=0 -0,0,0' <"'" -3"= "4"5

*$5#","04"5 =$5"#" E;2"* -"5 *$2"*,"=4"5 4$5-$'""5 -"49"/(

• 1"5# &"0$ 6"5# =0-"4 *$*<'>*>;04"5 -0'056" 35=34 *$5$,"' -"5 *$20*<"/4"5 -"49"/56"C

="5<" '";" ="43= <"-" 4$#"#"2"5C =0-"4 =$',$,"5 -$5#"5 4'0=04"5 4/"2"6"4C ;$;35##3/56" -0"=0-"4 "4"5 *"L3 -"5 ;"*<"0 4$ ="/"< ="3L0/ -"5 ="#/60' 7*$2"434"5 <$'3,"/"5:(

L1'/'5 %/%&'( ,'0'4'( /.+'+1%'( 0.&4.,%0 `

+22"/ *$5L$2";4"5 <$'4"'" =$';$,3= -0 -"2"* D0'*"56" G

U( 1$;35##3/56" >'"5#A>'"5# ,$'0*"5C6"5# ,$'/0L'"/ -"5 ,$'L0/"- -0 L"2"5 +22"/C 6"5#

*$*,$'0 =$*<"= =05##"2C 6"5# *$*,$'0 ,"5=3"5C *$'$4" 0=32"/ >'"5#A>'"5# *34*05 6"5#

;$,$5"'56"( n +5D"2 G `Z o

J( &"5 >'"5#A>'"5# 6"5# ,$'0*"5C 6"5# ,$'/0L'"/ -"5 ,$'L0/"- -0 L"2"5 "22"/ -$5#"5 /"'=" -"5

L09" *$'$4" "-"2"/ ;$*320"A*320" 4$-3-34"5 -0 ;0;0 "22"/( n e"3,"/ G J_o\( 1$;35##3/56" >'"5# 6"5# ,$5"'A,$5"' ,$'0*"5 0"2"/ *$'$4" 6"5# ,$'0*"5 -$5#"5 "22"/

-"5 .";3256" 4$*3-0"5 =0"-" 4$'"#3"5 2"5="; ,$'L0/"- -$5#"5 /"'=" -"5 L09" *$'$4" <"-"

L"2"5 "22"/( n)3L3'"= G U[o

Z( R$'"5#4"=2"/ 4"*3 4$ *$-"5 <$'"5# ;"*"-" '05#"5 "="3 ,$'"= -"5 ,$'L0/"-2"/ -$5#"5

/"'=" -"5 L09" 4"*3 <"-" L"2"5 "22"/( ne"3,"/ G ZU o

I"4;3- D0'*"5 "22"/ n 8(I-&% /5-I'I'( 7' 05-a''2' o *$'"5#43*0 ` 4"=$#>'0 *"53;0"G

U( .";" '05#"5 35=34 ,$'L0/"- "="; ;$,", 4$"4=0D"5 4"*3 =$'/"-"<56" -"5 '";" ,$'"= "=";

,$,"5 4$;34"'"5 6"5# =$'<"4;" 4"*3 *$5"5##35#56"(

J(

.05#"5 "="; ;$-040= ,$,"5 ,$2"5L" 4$23"'#" 4"*3 -"5 ,$'"= "="; ,"56"456" ="5##35#"54$23"'#" 4"*3(

\( .05#"5 35=34 *$*0432 ;$5L"=" -"5 ,$'"= *$*0432 ;$5L"="(

Z( p'"5# 6"5# ,$'4$5-$'""5 -"5 6"5# ,$'L"2"5(

[( p'"5# *3-" -"5 >'"5# =3"(

Y( p'"5# 6"5# ,$',"-"5 43'3; -"5 6"5# ,$',"-"5 #$*34(

`( p'"5# 6"5# ;0/"= -"5 >'"5# 6"5# ;"40=(

!"'" 32"*" *$56"="4"5 ;$*3" 4"=$#>'0 *"53;0" =$'*";34 -"2"* *$56"/3= =35=3="5 L0/"- 050

4$'"5" 0" ,$';0D"= #"*,"'"5( B"=" I3L"/0- G g =/* =''*/ 3)-#. ()(2)"1#,10,#$ +0.#6$'# 6#-#(

()6#$ A#6#" /)"1#(# B#1*-*--#. <=> 6#$ 306#, (*$6*" 6#-#( 1)(*# 2)2)"#$%#$ '#$%

603)(2*. !-). !"#$%5!"#$% C1-#(44D (R$#0=3 L3#" L0/"- 1>D9"5 ,( +*'3 ( W"2"3<35 ;3-"/ *$5L"-0m",$5>' )0*; -"2"* 3;0" 6"5# ;3-"/ =3"( B"="56" <"-" "5"4 ;"3-"'"56" G g >#.#0 #$#,

1#*6#"#,* E #--#. ()(0$3# ,03# #%#" (#"# /)"+0.#6 1#(#6# ,)30,# F#,3* "0$%#$ #3#* /)"#34

C$%#3-#. E 1)1*$%%*.$'# 10#2# '#$% 60?0$3#0 #--#. 2#130 #,#$ 60*+0$'#44D ( 1"$$- ,( I3;"660, <$'#0

,$'L0/"- -"5 =$2"/ /02"5# 4$-3" ,$2"/ *"="56"( e$2"/ -04"="4"5 <"-"56" G g4"*3 M"M"= -"5 "-"

*3-"'"=i( I"4" L"9", 1"$$- G gR)"2)"#$% ,#(* ,) +#-#$ #--#. 1#(#6# "0$%#$ #3#* /)"#3@ +0,# #,*

-)(#. 6#"0 /)"+0.#6 #,* #,#$ 2#130 /#$'#,,#$ .#"3# 6#$ ()$+#%# 1)%#-# /)$6# ,)2)"-*#$D (e$2"/

-04"="4"5 <"-" I0F-"- ,( "2A+;9"- ;$-"5#4"5 ,$20"5 =$'05#05 35=34 <$'#0 ,$'L0/"- G g B"*3 ;3-"/

3S3'((i( I"4" 4"=" ,$20"3 G G=--#. 3)-#. ()$*"*$,#$ ,) #3#1 ,#(0 60 6#-#( 1*"#. A#"##. H C$I0"*

,.0I#I#$ F# 3.0J.#-##44K4

K'/7'5 '3'2'5 ).&'/'( 9,.&>-5'3 : /. >'2'( '22'5



!; # ! " # $

• T0/"- 4$ L"2"5 "22"/ =0-"4 =$'/$5=0 <"-" L0/"- 80="2 7<$'"5#: ,"/4"5 0" ,$';0D"= 3*3* (

e$'*";34 -"2"* <$5#$'=0"5 050 0"2"/ ,$'-"49"/ 4$ L"2"5 "22"/ ;$,"#"0*"5" D0'*"5 "22"/

-"2"* "6"= UJJ -0 -"2"* ;3'"/ "=Ae"3,"/( E*"* +'A."S0 "<",02" *$5#32"; =$5="5# "6"= 050

*$5"6"=4"5 ,"/"9" .";32322"/ 1+W *$*,"/"#04"5 -3" 4$2>*<>4 -"2"* "*"2 L0/"-(

S.&0'+' G ,$'#$'"4 4$ *$-"5 <$'"5# -"5 L0/"- -"5 6"5# /.3%' =05##"2 ,$';"*" .";32322"/

1+W(B$2>*<>4 6"5# <$'#0 4$ *$-"5 L0/"- *$5L"-0 <$5##"5=0 4$<"-" 4$2>*<>4 4$-3"-"2"* ;>"2 L0/"- *"5"4"2" 4$2>*<>4 4$-3" <32" *$5L"-0 <$5##"5=0 4$2>*<>4 <$'="*" -0

-"2"* ;>"2 ="D"FF3/ 7*$5-"2"*0 3'3;"5 "#"*":( &$5#"5 050 3'3;"5 "#"*" *$5L"-0

;$*<3'5" -$5#"5 <$'"5"5 -3" 4$2>*<>4 050(

• b"5="'"5 0=3 ;$>'"5# *3;20* -0=35=3= *$5M3'"/4"5 ;$<$53/ =$5"#"C

3;"/"56"C,$'="5##35#L"9", =$'/"-"< ="420D <"-" -0'056" 35=34 *$*,"5=3 -"5

*$*$5"5#4"5 E;2"* -"2"* <$2,"#"0 ,$5=34 L0/"-(<"205# ";"; ,$'-"49"/ -$5#"5 <$53/

/04*"/ -"5 *$*,$' <$'05#"="5 6"5# ,"04( R0"'<35 E;2"* =0-"4 *$*05=" ;"5# ,3=" 35=34

*$*,$'04"5 "<" 6"5# =$'*"*<3 >2$/56" -0,"5-05#4"5 -$5#"5 6"5# *"*<3 *$20/"=C =$="<0

;$*3"56" *$;=0 *$5M3'"/4"5 ;$#"2" 3;"/"56" 6"5# =$'*"*<3 ;$,"#"0 *$56"/3= <$'05="/

05D0'3 4/0D"D"5 9" =/0F""2"(

•

1$>'"5# *34*05 -0=35=3= *$5M"<"0 -"'L"= 4$="F9""5 6"5# =05##0 ,$'-";"'4"5 4$*"*<3"5-"5 3;"/"56"( &"'L"= 4$="F9""5 05;"5 "4"5 *$505#4"= -$5#"5 *$505#4"=56" 502"0 02*3C

*$56343'0 ;$#"2" 504*"= -"5 *$2"434"5 "*"2 6"5# ,"56"4(

•

163@3' ="43= "4"5 4$43'"5#"5 -"2"* *$5#>',"54"5 ;$#"2" 6"5# "-" 35=34 ,$'L0/"- -"5

4$"-""5 >'"5# ="43= ,$'4>',"5 ;$#"2" 3;"/"56" 35=34 *$5M"<"0 -"'L"= 4$="F9""5 "-"2"/

*$'3<"4"5 ;"=3 4$-3-34"5 -"'0 4$-3-34"5 #>2>5#"5 10--0F05(E50 "4"5 *$5L"-04"556"

*$53L3 4$ =05#4"="5 6"5# =05##0 C ;3M0 -"'0 ;0D"= '0"4 -"5 *$5M"'0 ;"5L35"#5 -"5 *$5"L"*4"5

/0**"/ *$53L3 ;$,"04A,"04 "*"2(

•

1$>'"5# &"0$ 6"5# ;"*<"0 ="/"< '";" ="43= -"5 '";" 4";0/ ;"6"5# "22"/ "4"5 *$5L"-0

<$5->'>5# 35=34 ,$';0D"= 10-F 7,$5"': -"2"* *$5$5=34"5 4$3<"6""5 -"5 4$*"*<3"556"

-"2"* "*"2 -"49"/ -"5 L0/"-56"(

$'.3'5 O K'-N. '3'2'5 Y.&+-( ,')- 3'/7'5 3'( +=3.2(*'<

e0-"4 -"<"= -0;"5#4"2 2"#0 /3,35#"5 $'"= "5="'" ;"5# &"0$ -"5 -"49"/ 6"5#

-0;$'356"()3,35#"5 $'"= "5="'" &"0$ -"5 -"49"/ ;$5=0";" =$'<"/"= -0 *05-" *"53;0"(

1$>'"5# &"0$ *$5L"-0 ;"4;0 35=34 -"49"/56"( E" *$5L"-0 <$';"4;0"5 6"5# 4"-"5#A4"-"5#

*$56$,",4"5 *"53;0" *$5$'0*" ;$'3"5 -"49"/56" "="3 *$5>2"4 ;$'3"5 =$';$,3=(

• I"53;0" 6"5# *$5$'0*" ;$'3"5 -"49"/ ,$'";";4"5 4$6"405"5 <"-" <'05;0<A<'05;0< 6"5#

-06"4050 "*"= ;$-040= <"-" *";"4050 ;$-"5#4"5 '"*"0 *"53;0" ;$2"2356" ,$'05=$'"4;0 -$5#"5

*$'$4" 6"5# *$*$#"5# 4$<"-" <'05;0< "="3 -$5#"5 L3'3,0M"'" <'05;0< =$';$,3=(

• T04" <'05;0< "="3 *",-"@ 43"=C *3'50 *"4" 4>*0=*$556" =05##0 -"5 L"2"5 *$5M"<"056" "*"=

;34"'(R$#0=32"/ E;2"* 6"5# *$5#"5-35#0 ;$#"2" 4$9"L0<"5 -"5 ="420D =$2"/ *$5L"-04"5

*3L"/"-"/ ;$,"#"0 L"2"5 35=34 *$5M"<"0 4$-3-34"5 =$'=05##0C ,$'=$'3;"5 =0-"4 2$*"/ -"5

=$'<3=3;(

• +5>2>#056" L04" <#$% L#0) +#*. 6#"0 ,!(03)6 70-30M#(8 6)$%#$ ,)F#+02#$ C1-#( (#,# 0#

#,#$ ()$+#60 !/+), I03$#. 6#$ ()$+#*.,#$ (#$*10# 6#"0 #%#(# =--#.@ ()(*3*1 +#-#$

*$3*, ()(/#F# (#$*10# ()$)"0(# 1)"*#$ "01#-#.$'#(



!A # ! " # $

• I>-$2 "="3 M>5=>/ =$',"04 -"2"* /"2 050 0"2"/ <"'" ;"/","= '(" ( I$'$4" *$*<"*$'4"5

*>-$2 =$',"04 =$5="5# E;2"* -"5 -"49"/ 6"5# *$'$4" ;$'3( B$;"556" *"53;0" =$'="'04

-$5#"5 ;$'3"5 -"49"/ 6"5# -0;"*<"04"5 *$'$4"(

• )";"5 "2AR";'0 *$5M>'$=4"5 #"*,"'"5 *>-$2 =$',"04 #$5$'";0 ;"/","= '(" ( B"="56" G g N)-#.

M#.0" 6#"0 ,#-#$%#$ ()"),# 3#$6#53#$6# ,)/#0,#$@ "*2#@ 2)3*$+*, 6#$ ,)/)$#"#$ 60 -#$%0@

2#,#0#$ ()"),# '#$% 10(2-) 6#$ /)"2#6#@ -#%#, +#-#$ 2)$*. 3#F#6*,@-!%0? '#$% 601*1*-0#(#-@ (#,#$ 6#$ (0$*( 6#"0 ")M),0 '#$% /#0,@,)3*$6*,#$ ()"),# 6)$%#$ 1)$30#1#

()-#,*,#$ ,)3##3#$ +)2#6# 3*.#$ ()"),#@602#$6* 6)$%#$ ,)/)$#"#$ 1#(#6# 2#6#

2)",#"# '#$% ()"),# 1*,# #3#* /)$?0@()(/)"0 #2# 1#.#+# 6)(0 ,)/)$#"#$ 6#"0 +0F#

()"),#@()(#$6#$% "0$%#$ ,)(*",##$ (#,.-*, 6)(0 ()$?#2#0 ")6.# =--#.@-01#$ ()"),#

10/*, /)"M0,0"@ ()"),# ()$%!"/#$,#$ 6#"#. ()"),# ,)30,# 60(0$3# 2)"3!-!$%#$@ +*%#

.#"3# ,)30,# 6#-#( ,)#6##$ ()()"-*,#$ F#$%@0$6#. #,.-#, ()"),# 6#$ (*-0# 2)"-#,*#$

()"),#4D

•

!"'" ;"/","= =$2"/ *$*,$'04"5 #"*,"'"5 =$',"04 =$5="5# /"404"= "-A&$$5 -"2"* ,$5=34

6"5# =$'"5# -"5 *320" -04"2"5#"5 *"53;0"( I$'$4" =$#"' *$5#/"-"<0 3L0"5 -"5 M>,""5C

*$505##"24"5 L"2"5 '34/;/"/ 7<020/ L"2"5 "S0*"/: 6"5# *35#405 *$5L"-0 ;$,", D0=5"/ 4$<"-"

#>2>5#"5 6"5# =0-"4 ,$'0*"5(• b0/"=2"/ 4$/$,"="5 -"5 4$43"="5 +,-322"/ ,( )3S"0D"/ ";A1"/*6 C ;"/","= .";32322"/ 1+W

6"5# -0="9"5 .>*(R$20"3 =$2"/ -03L0 -$5#"5 3L0"5 6"5# -"/;6"= "#"' 4$23"' E;2"*( R$20"3

=$2"/ -0;"20,C -0<"5"/ -$5#"5 ,3;3'C -0M"*<"44"5 -"2"* ,$4"; "0' 6"5# *$5-0-0/ ( ."L"

,$'="56" G g I$5#"<" 4"*3 *$5"5#0;d(i( B"=" +,-322"/ G g"43 ,$'M0="AM0=" -0,$'04"5 U__

56"9" "#"' -0M"*<"44"5 ;$<$'=0 050 -$*0 4$'"5" "22"/ 7*$*<$'="/"54"5 0*"5:( I"4" ."L"

.>* ,$'";" /"0'"5 -"5 ="4L3, -$5#"5 <$5-0'0"5 ;"/","= .";32322"/ ;("(9(

• +<",02" <$5-3-34 5$#"'"A5$#"'" <$*,34""5 E;2"* 7"2AD"=/ "2A0;2"*0: *$20/"= <$'02"43C

"4/2"4 -"5 4$,$5"'"5 "40-"/ 6"5# -0,"9" >2$/ <"'" ;"/","= '(" C *$20/"= 4$=/","="5 "40-"/

*$'$4" C M>5=>/ 35##32 <"'" ;"/","= '"(4$<"-" *"5/"L E;2"*C 2"5="; *$'$4" =$'3;

*$5$'0*" 7*$*$234: E;2"*(

•

E,53 8"0660* *$5M>'$=4"5 4$5"<" '"*"0 >'"5#A>'"5# O";'"50 =$'="'04 -"5 *$*$234 E;2"*(E50 "-"2"/ F3-9"/ -"5 M>5=>/ 6"5# ,"04 6"5# =$2"/ -0=35L344"5 >2$/ <"'" ;"/","= '("(B"="

8,(% \'-**-+ G n<)1*$%%*.$'# ,#(0 3)-#. /)"6#,F#.@ +*%# !"#$% '#$% 1)-#0$ ,#(0 3*"*3

/)"6#,F#. 2#6# "#(#0 #.-0 O03#/ ,)2#6# C1-#(@ ()"),# ()(/)"03#.* ,#(0 /#.#F#

.#-#$%#$ /#%0 ()"),# 7()()-*, C1-#(8 #6#-#. #2#/0-# ()"),# 10,#2 6#$ ?!$3!. '#$% #6#

2#6# !"#$% C1-#(Po( H5#4"<"5 050 -02>5="'4"5 >2$/ E,53 8"660* <"-" ","- U^ /0L'"/(

R"#"0*"5" <32" <"5-"5#"5 ,$20"3 "<",02" *$20/"= '$"20=0 3*"= 0;2"* 6"5# ,$',$S" <"-"

","- 050(

• 1$>'"5# &"0$ ,>2$/ L"-0 ;$>'"5# 6"5# =$'4$5"2 -0 -"2"* *";6"'"4"= "="3 =0-"4 -04$5"20 -0 ;0;0

*$'$4"(+<",02" ,$20"3 *$2"230 L"2"5 -"49"/C *"4" ;0D"= E;=0F"*"/C9"'"4 "-"2"/ 435M0

<$5$'0*""5 *"53;0" "4"5 -"49"/56"( E" "4"5 *$5L"-0 <$5->'>5# *"53;0" *$5$'0*"

'0;"2"/56" -"5 4"="A4"="56" ,$',$4"; 4$ 23,34 /"=0 *"53;0"(

• 1$,"20456" L04" 1"5# &"0$ ="-0 =0-"4 *$535L344"5 M>5=>/ 6"5# ,"04 -"'0 ";<$4 4>*0=*$5

4$0;2"*"556"C *"4" 4"="A4"="56" 0,"'"= <"5"/ 6"5# =0-"4 *$5M"<"0 ;";"'"5(

•

L2Eb'7'&3- -0 -"2"* 40=", g L3', '3EK%(*' 7' '3EK..(i *$5#35#4"<4"5 4"="A4"=" +20 ,(

+,0 e"20, G n <)1*$%%*.$'# (#$*10# ()$+#60 M*.*6 60 6#-#( ()$*$3*3 0-(* 3#3,#-# ()"),#

()-0.#3 1)60,03 1),#-0 *$3*, (#$I##3,#$ 0-(* '#$% ()"),# 3#.*443)-#. 60,#3#,#$ 1)/#0,5

/#0, ,#3# #2# '#$% 602"#,30,#$$'#@ 1)/#0,5/#0, '#$% /)3*- #2# '#$% 601)/*3,#$@ 1)/#0,5

/#0, 0-(* #2# '#$% 603#$%%*$%$'# H60#(#-,#$ Q /)"(#$I##3K (

• B"=" >'"5#A>'"5# ;>20/ j n 0-(* 1)$30#1# ()(#$%%0- 7/)"3)"0#,8 ,)2#6# #(#- @ +0,# ,#(*

()$'#.*3$'# (#,# /)"%*$#-#. 70-(*8 3)"1)/*3 ,)?*#-0 0# #,#$ 2)"%0 7/)"-#-* 8 1#.#+#44K (

1$,"/"#0"5 <"'" <3L"5##" ,"/";" <$'5"/ ,$'4"=" G H L#"02#6# ,)1)(2*"$##$ 0-(* 0#

()$%%*$#,#$$'# 7/)"#(#- 6)$%#$$'#8 (#$#,#-# 6#"02#6# ,)1)(2*"$##$ #(#- 2*-# 0#

()(/)/#1,#$$'# 0#03* /)"1*$%%*.51*$%%*. ()-#,1#$#,#$$'# 1)60,03 6)(0 1)60,0344K



!C # ! " # $

• 1"5# &"0$ 6"5# =0-"4 -04$5"20 *"53;0"C *"4" 4"="A4"="56" 4$4"2 =$'#"5=35#C =0-"4 "-" 6"5#

*$5$'0*" "="3 *$5>2"4( T04" *"53;0" *$5#$5"20 -"6" 0;=0F"*"/ -"5 M>5=>/ 6"5# ,>2$/

-0043=0 *"4" 4"="A4"="56" ,$'"-" -0 <>;0;0 <$5$'0*""5 -"5 ,32"="5 <$5#"'3/(

• 1$,$5"'56" ,).06*2#$ 1)!"#$% L#0) 1#(#6# /)"10I#3 *(*( #3#* ,.*1*1 ()$+#60 3)(2#3

2)()".#30#$ 1)(*# (#$*10#4 R#3#5(#3# (#$*10# 1)$30#1# ()()".#30 6#$ ()$0-#0

,)2)"0/#60#$$'#4 R#$*10# #,#$ ()$+#60 2)(/)1#" 1*#"# 3)".#6#2 #2# '#$% 60# -#,*,#$4<)/)-*( <#$% L#0) ()(0$3# (#$*10# ()$0$%%#-,#$ %.0/#. 7()(/0?#"#,#$ ,)/*"*,#$

60"0$'#8 (#,# 1)F#+#"$'# 0# ()$!-#, %.0/#. 6#$ 3!.(#. ,) #3#1 60"0$'# 6#.*-*4 <#$%

L#0) .)$6#,-#. 1)$30#1# ()$+#%# ,).06*2#$$'# '#$% /)"10I#3 *(*( #3#* ,.*1*1 1)/)-*(

3)"/!$%,#" 2),*$% 60"0$'# 73)"6)6#. ,)#0/#$$'#8(

$'.3'5 T Z.&,-Y'&'2'5 3.()'( +'(%4-' +.(%&%0 /'3'& 1.+-/-&'( +.&./'

&"49"/ "-"2"/ ;$'3"5 4$ L"2"5 "22"/( 1$'3"5 =$';$,3= =$#"4 -0 "="; <'05;0< /04*"/ -"5 <$'05#"="5

6"5# ,"04 7 I"3@0S"/ )";"5"/:( )04*"/ "="3 4$,0L"4;"5""5 -0 -"2"* ,$'-"49"/ ="*<"4 S"/0' -"'0

;$#0 *$*"/"*0 4$;$;3"0"5 4"$-"/ -"49"/ -$5#"5 4$2>*<>4 ;";"'"5 -"49"/( 1$>'"5# &"0$ 6"5#,0L"4 =0-"4 *$5#35#4"<4"5 ,0M"'"56" ,$'-";"'4"5 4$*"*<3"5 02*356" ;$*"="A*"=" =$="<0

,$'05=$'"4;0 -$5#"5 *"53;0" ,$'-";'4"5 4$*"*<3"5 -"5 4$3<"6""5 ;";"'"5 -"49"/56" 7I"-@3:

-"'0 4$2>*<>4 *"53;0" 6"5# *$*<356"0 2"="' ,$2"4"5# 6"5# ,$',$S"A,$S"( 1"5# &"0$ =$';$,3= =0-"4

"4"5 *$*,"9" '0;"2"/ -"49"/56" -023"' 4$3<"6""5 -"5 4$*"*<3"556"(

E,53 ]+,,"; .(+ "*"= *$*"/"50 D0'*"5 +22"/ n B3533 .",,"50605 o -$5#"5 *"4;3- n L"-02"/ 4"*3

;$>'"5# 6"5# 2$*,3= -"5 D"F0/ o( E*"* R34/>'0 -0 -"2"* ;6"'"/ f"=/32 R"'0 *$56"="4"5 ]+''A

.",,"50605@ 0"2"/ ;$;$>'"5# 6"5# -0#$2"' ;$,"#"0 .",,"506 0"2"/ 6"5# *$5-0-04 *"53;0" -$5#"5

710#/>' "2AE2*3: ;$4$M02A4$M02 02*3 ;$,$23* ;$,$;"'A,$;"' 02*3 7 B0,"' "2AE2*3:

I$*32"4"5 -"49"/ -$5#"5 ;$4$M02A4$M02 02*3 *$535L344"5 ";"; '3L34"5 =$';$,3= *$5#"*,02 40'"4$<"-" *$'"04"5 4$*"*<3"5 "4"2 "#"' -"49"/ =$';$,3= =0-"4 *$5L"3/4"5 <"'" *"-@3 -$5#"5

;$'3"5 -"49"/ =$';$,3=( E,53 )"L"' 4$=04" *$*,3"= 32";"5 *$56"="4"5 G g 6"5# -0$'=04"5 -$5#"5

10#/>' "2AE2*0 0"2"/ "<" 6"5# =$'"5# -"5 L$2"; *";"2"/56" ;$-"5#4"5 -$5#"5 ;$,$;"'A,$;"' 02*3 <32"

0"2"/ 6"5# *$5-"2"* =$5="5# *";"2"/ =$';$,3=((i(

e$'-"<"= 5";A5"; 6"5# *$56>4>5# ,$="<" <$5=05#56" <"'" &"0$ *$56"*<"04"5 '0;"2"/ -"49"/56"

;$;3"0 -$5#"5 4$3<"6""5 -"5 4$*"*<3"5 "4"2 <"'" *"-@356"( +5="'" 5";A5"; =$';$,3= 0"2"/ G

U( E*"* R34/>'0 '(" *$*,"9" ;"=3 /"-0; 6"5# -0=$'L$*"/4"5 -$5#"5 4"="A4"="56" 7 R",

*$505##"24"5 ;"=3 <020/"5 -0="43=0 *$*,"9" ;"2"/ D"/"* *"53;0" =$'/"-"<56" 6"5# "4"5

*$*,"9" 4$;"5 6"5# 2$,0/ ,3'34( B$*3-0"5 -0" *$5#$23"'4"5 /"-0; =$';$,3= *$2"230 L"2556"4$<"-" +2A+;9"-( B"="56"G e$2"/ ,$'4"=" 4$<"-"43 E,53 +SAc3,"0' G g R"/"9" +0;/"/ .(+ "*"= ;34"

4$<"-" 4"*3 C *"4" "<"4"/ 6"5# -0" =$2"/ ,0M"'"4"5 4$<"-" 4"*3 =$5="5# B"@","/ d( +43 ,$'4"=" G

g &0" =$2"/ ,$'4"=" 4$<"-"43 G R"/"9" O",0 1+W =$2"/ ,$';",-" G g W"/"0 +0;/"/C 4"2"3 =0-"4

4$'"5" 4"3* 4"*3 ,$',0M" 7=$5="5# <$'L"5L0"5 *$'$4": C B"=" E,53 +SAc3,"0' -$5#"5 *$5>2"4 C

5$;M"6" "4" ,05";"2"/ B"@","/ -"5 "-" -3" <05=3C ;"=3 <05=3 *"53;0" *";34 -"5 ;"=3 <05=3 *"53;0"

4$23"'( E,53 )"L"' *$*,3"= 32";"5 -$5#"5 *$56"="4"5 ,"/"9" D"$-"/ 6"5# -"<"= -0<$'>2$/0 -"'0

/"-0; 050 0"2"/ *$505##"24"5 *";2"/"/ "#"' =0-"4 =$'L"=3/ 4$ -"2"* *"D;"-"/ 74$'>;"4"5: 6"5# 2"05

<32"(

J( E*"* I3;20* <32" *$5#$23"'4"5 1"5"-56" 4$<"-" E,53 I";@3- -$5#"5 ,$'4"=" G n e0-"42"/

4"*3 ,$',0M"'" -$5#"5 ;"=3 4"3* *"5"A*"5" <$',0M"'""5 6"5# =0-"4 *"*<3 -0="5##"<07-0M"<"0:"4"2 *$'$4" *$2"054"5 0" "4"5 *$*,"9" 4$<"-" D0=5"/((o



!F # ! " # $

\( E*"* R34/>'0 <32" *$5#$23"'4"5 ;"=3 /"-0; 6"5# *$56"="4"5 ,"/"9" O",0 1+W =$2"/

,$';",-" 4$<"-" I3@"S ,( T","2( 1",-"56" G g W"/"0 I3@"S ,( T","2( B"=" I3@"S G b",,"04" V"

.";32322"/ -"5 ,$',"/"#0"2"/ 4"*3i( B"=" O",0 1+W G W"/"0 I3@"S C T"9", I3@"S b",,"04" V"

.";32322"/ -"5 ,$',"/"#0"2"/ 4"*3 7;$,"56"4 \ 4"20:( 1",-" .";32322"/ 1+W G g e0-"42"/ ;"2"/

;$>'"5# -"'0<"-" 4"*3 *$*<$';"4;04"5 b" E2"/" 022"/ -"5 I3/"**"- .";32322"/ -"'0 /"=056"

4$M3"20 +22"/ *$5#/"'"*4"556" -0M"*<"44"5 4$ -"2"* 5$'"4"(i( I3@"S ,$'4"=" g W"/"0 .";32322"/ Ge0-"44"/ "43 <$'23 *$*,$'0="/3 4$<"-" *"53;0" "#"' *$'$4" ,$'#$*,0'"( 1",-" .";32322"/ 1+W G

T04" ,$#050C *"4" L"-02"/ *$'$4" "4"5 ,$';$'"/ ;"/"L"N7M343< -$5#"5 ,$';6"/"-"/:( )"-0; 050 L04"

-0-$5#"'0 >2$/ '"*"0 *"53;0" ,>2$/ *$*,"9" 4$<"-" ;"2"/ D"/"* 0"0=3 *$505##"24"5 35=34

,$'"*"2 7=35=3="5 16"/"-"/: 4$<"-" M343< -$5#"5 *$*,3"= <$5#"43"5 ;$*"="A*"="( )"-0; 050

;$,$5"'56" -03M"<4"5 >2$/ I3@"S ;$,$23* -0" *$505##"2 -350" C ="43= =$'L"=3/ -"2"* ->;" 4$'"5"

=0-"4 *$56"="4"5 4$<$5=05#"5 *$*<$';"4;04"5 -3" 4"20*"/ ;6"/"-"/ ;$,$23* *"=0(

I"53;0" <$2,"#"0 L$50; -"5 2"<0;"5 4$2>*<>4(

I"53;0" 6"5# *$5L"-0 ;";"'"5 -"49"/ =$'-0'0 -"'0 <$2,"#"0 L$50; -"5 2"<0;"5( +5="'" 2"<0;"5

4$2>*<>4 *"53;0" "-"2"/ ;$<$'=0 ,$'043= G

U( $.2=+1=/ S.&0'+' ` c&'() '7'+ *'() 0-3'/ 0.&1.2'>'&<

•

R$'05=$'"4;0 -$5#"5 4$2>*<>4 050 -"5 ,$'-"49"/ 4$<"-" *$'$4" "*"= ;34"'( B$"-""5

*$'$4" ;"*" ;$<$'=0 *$5#"L"' <"'" <$2"L"' 6"5# ,"'3 ,$2"L"' *$*,"M" -"5 *$5320;(

B$;02"<"5 -"2"* *$5-0-04 -"5 *$*,0*,05# *$'$4" "4"5 *$*,"9" *$'$4" ,$'<"205# -"'0

;$'3"5 -"49"/(

• I$56"*<"04"5 ;$'3"5 -"49"/ 4$<"-" 4$2>*<>4 050 =0-"4 *$*$'234"5 4$<"-" <$'05M0"5

*$5-"2"* =$'/"-"< ;"=3A;"=3 0;3C -04$*34"4"5 /3L"/A/3L"/ 6"5# 4>54'0= -"5 ;0;=$* 6"5#

,$'M","5#AM","5#(

•

R$'-$<"5 -$5#"5 4$2>*<>4 050 *$*$'234"5 1"5# &"0@$ 6"5# *"/0' ;$50 ,$'-"49"/-"5 *$56"*<"04"5 ,0M"'" 4$<"-" *$'$4"(

• B$2>*<>4 "9"* 050 2$,0/ =$'4$;"5 4$<"-" -"49"/ 6"5# ;0D"=56" -"<"= -0'";"0 7*$56$5=3/:

-0;,"5-05# ;$;3"=3 6"5# ",;='"4( &"49"/ 6"5# *$5#"*,02 40'" 4$<$'23"5 -"5 ;3";"5"

/0-3< 6"5# 4/3;3; "-"2"/ L"2"5 7*$=/>-: 6"5# <"205# -$4"= 4$<"-" /"=0 *$'$4"(

•

I$5#$*34"5 M>5=>/AM>5=>/ "="3 *>-$2 6"5# 2"/0' -"'0 <$';$40="'"5 *$'$4" "-"2"/

*$'3<"4"5 M>5=>/AM>5=>/ 6"5# *3-"/ -0D"/"*0 -"5 -0="5##"<0 *$'$4"( I$'$4" *3-"/

=$'4$;"5 -$5#"5 #$'"4"5 ;$5=0*$5=7$*>;0: -"'0 '";0>5"2 "4"2( I$5##35"4"5 3;23, e"'#/0,

-"5 e"'/0, 2$,0/ *$*,$'04"5 4$;"5 <"-" L09" *$'$4" ;$<$'=0 *$*,"9" 40;"/ <"'"

;"2"D3;>20/C ,$'0="A,$'0=" <"'" 9"20C <$'0;=09"A<$'0;=09" <$5=05# -0 -"2"* 10'"/ -"2"* ,$5=34

<$5M$'0=""5 -"5 <$5#40;"/"5 ,34"5 -"2"* ,$5=34 "5"20;0;(

J( B.2=+1=/ $.3%' `G=2=()'( Y.&3-/ 1'(3'- *'() ,.&/.2%2%4'( %(-X.&4-0-

• I$'$4" -"'0 4$2>*<>4 050 *$5$4"54"5 4$<"-" "5"20;0;C <$56$20-04"5C ,34=0A,34=0C -"="A-"="

-"5 ;$,", *3;",",( R$'05=$'"4;0 -$5#"5 4$2>*<>4 050 <$'23 *$'"04"5 4$-3-34"5 "4"-$*04

*$'$4"( I$'$4" 6"5# *"*<3 ,$',0M"'" -$5#"5 4$2>*<>4 "9"*C ,>2$/ L"-0 =0-"4 *"*<3

,$'05=$'"4;0 -$5#"5 4$2>*<>4 050( E50 -0,0*,"5#0 "4"5 *$*,"9" 4$<"-" D0=5"/ L04" =0-"4

-03'3; -$5#"5 *$'$4" 6"5# ,$'4$*"*<3"5 -"5 ,$'4$2"6"4"5 ;="=3;56"(

\( $.2=+1=/ $.0-)' ` G=2=()'( '/'3.+-/ 3'( +.+-2-/- 41.4-'2-4'4- 9/.1'/'&'(: 3- 3'2'+

,-3'()E,-3'() 0.&0.(0%(



!O # ! " # $

• R$'05$'"4;0 -$5#"5 4$2>*<>4 6"5# *$*02040 4$<"4"'"5 -"5 ;<$;0"20;";0 050 *$*$'234"5 1"5#

&"@0$ 6"5# L3#" *$*02040 4$<"4"'"5 =$';$,3=( H5=34 ,$',0M"'" -"5 ,$'-"49"/ 4$<"-"

#>2>5#"5 <"'" ->4=>'C *$*$'234"5 ;"5# &"@0$ 6"5# *"/0' ,$'4"0="5 -$5#"5 02*3 <$'3,"="5(

1$-"5#4"5 ,0-"5# <$'3,"="5 <35 "-" ,0-"5#A,0-"5# 4$<"4"'"5 =$'=$5=3(

• R$#0=3 L3#" 35=34 ,$',0M"'" -$5"#5 <"'" <$#3"* *$*$'234"5 <$5#3";""5 ,$'4"0="5 02*3

35-"5#A35-"5# -"5 ;$2>4 ,$2>4 4$#3"*"5(

B$;0*<32"556" ;$=0"< &"0@$ <$'23 *$*<$';0"<4"5 -0'056" -$5#"5 <$2,"#"0 -0;0<205 02*3 -0 ;"*<05#

<$5#3";""5 =$5="5# 02*3 ;6"'"4( T04" -0" -0="420D4"5 35=34 *$2"4;"5"4"5 =3#"; -"49"/ 4$<"-"

4$2>*<>4 04/=0;"; =$'=$5=3C *"4" <"205# ,"04 -0" *$*<$2"L"'0 04/=0;"; =$';$,3= -"5 ,$'3;"/"

*$5"*,"/4"5 <$5#$="/3"5 ,$'4"0="5 -$5#"556"(( &$5#"5 050 4/0=>, -"49"/ "4"5 ;"*<"0 -"5

*$*$53/0 ;";"'"5 *"-@3(

$'.3'5 U D>-'( '3'2'5 4%(('0%22'5

T"2"5 -"49"/C L"2"5 6"5# <"5L"5# -"5 ;34"'C <"6"/ -"5 *$*$5"=4"5( O"*35 050 "-"2"/ 6"5# <"205#"=/,"= 74343/:C =32$5 -"5 =$'L"*05( T"2"5 050 =0-"4 -0/"*<0'0 -$5#"5 <$'*"0-"50 *$'"/C -0=",3'0

,35#"A,35#" =$="<0 ;"'"= -$5#"5 *$/5"/ -"5 0,=02"4(

1$=0"< "*"2 -0L"2"5 -"49"/ *$*$'234"5 <$5#>',"5"5 -"5 4$'05#"=( 1$*"405 ;34"' -"5 ;320= L"2"5

-"49"/ 050C *"4" ;$*"405 <$'23 ;$=0"< <"'" &"0$ 4$<"-" 3;"/" 6"5# 2$,0/ ,$;"' -0 ;$#0 <$';0"<"5

-"5 2"=0/"5 35=34 *$5#/"'35#0 ,$,"5 "*"2 =$';$,3=( 1$-"5#4"5 "*"2 35=34 "#"*" +22"/ ;$5=0";"

,$'=$'3;"5C <$2,"#"0 ,$5=34 -"5 23"; *$-"556"(

R$'-"49"/ -0L"2"5 "22"/ =0-"4 =$'/$5=3 <"-" ;"=3A;"=3 M"'" =$="<0 *$'$5="; 4$<"-" ";<$4 ;3,;="5M$

70;0: 0"0=3 4"5-35#"5 <$'0;0"5 -"49"/( e3#"; -"5 ="5##35#L"9", 6"5# -0<0432 <"'" &"0@$ ;$5=0";"

,$'="*,"/ ;$/"'0 -$*0 ;$/"'0( e"5##35#L"9", <"'" &"0$ ;$*"405 ,$;"' ;$2$<"; ,$'L"6"*$*$5"5#4"5 D04'"/56" ,$',"5-05# ;$,$23* 0=3(

b"5="'"5 0=3 +22"/ 1We *$5L"-04"5 3L0"5 7E,=02"@: 35=34 *$5#3L0 ;>D <"'" &3@"=( T"*""/ E;2"*0"/

=0-"4 "4"5 ,$'L"6" *$5M"<"0 ?0;0 -"5 *0;0 <$'L3"5#"556" *$2"054"5 ;$=$2"/ *$2"230 D";" E,=02"@ -"5

I$/5"/( 73L0"5 -"5 M>,""5:(

R"56"4 /"-0;A/"-0; -"5 "6"=A"6"= "2A83'"5 6"5# *$5L"2";4"5 ,"/9" 3L0"5 "-"2"/ ;"=3 -"'0<"-"

;355"=3- "-A-"49"/(

U( )"-0; 6"5# -0'09"6"=4"5 >2$/ +,0 )3'"0'"/ .(+ ,"/"9" .";32322"/; 1+W ,$';",-" G

g !$'3*<"*""5 ;$>'"5# I34*05 "-"2"/ ;$<$'=0 ;"=3 ="5"*"5 6"5# =3*,3/ -"5 =0-"4 2$4"5#,$'-$<"5 "5#05 6"5# *$5##>6"5#4"556"C -"5 ;$5=0";"2"/ ;$>'"5# I34*05 0=3

-0=0*<" -$5#"5 3L0"5( 1$-"5#4"5 >'"5# I35"D04 <32" 3*<"*" ;"=3 <>4>4 <"-0 6"5# =0-"4

,$'#>6"5# *$2"054"5 ;$=$2"/ -0=3"0 -"5 -043*<32 /";0256"((i n E*"* I3;20* ZQJUYJo

R$#0=32"/ #"*,"'"5 ;$>'"5# I34*05 0,"'"= ="5"*"5 6"5# ;$5=0";" =$'-$-"/ 4$<"-" "5#05 4$5M"5#

-"5 43"=( &$5#"5 050 *$5L"-04"556" 4343/C 3=3/ -"5 *"5="< ,$'-$<"5 ;$#"2" 3L0"5 -"5 /"2"5"#5C

;$-"5#4"5 ;"5# I35"D04 ="-0 0,"'"= <>4>4 <"-0 6"5# =3*,3/ *$*,$;"' ="5<" *$5#/"-"<0

4$#>5M"5#"5 "5#05C =0-"4 "4"5 *"*<3 ,$'-$<"5 -$5#"5 3L0"5 6"5# -"/;6"= -"5 *$5#$'04"5(

R$#0=32"# 1"5# &"0@$ "4"5 *"*<3 -"5 43"= *$5"5##35# 4$;320="5 -"5 4$<"6"/"5 -0 L"2"5 "-"49"/

;$2"*" *"5" 0" ,$'-$<"5 -$5#"5 <$2,"#"0 ='3,32";0 -"5 '05="5#"5(

B$5"<" <"'" &"0@$ <$'23 *$5#/"-"<0 3L0"5 ;$,"#"0 ;"=3 1355"=3- "-A&"49"/ d



!T # ! " # $

U( HL0"5 "-"2"/ 1&=4.4 %(0%/ +.+,-(' 3'( +.+'(0'1/'( d'+''5 842'+-'5( e"5<" 3L0"5 7E,=02"@:

T"*""/ =0-"4 "4"5 *"*<3 *$5#/"-"<0 ='0,32";0 -$*0 ='0,32";0 ;$<"5L"5# <$'L"2"5"5 -"49"/ 050(

1$$'"/ =$2"/ *$535L344"5 ,"/"9" .";32322"/ 1+W -"5 <"'" ;"/","= '(" =$2"/ *$2"230 D";"AD";" 050

;$,$23* *$5#$M"<0 4$*$5"5#"5 <$'L3"5#"5( )"404"=56" 3L0"5 "-"2"/ ,"=3 ,"=" <$'L3"5#"5 6"5#

*$;=0 -0=$*<3/ -"5 -0'$*<3/ ;$,"#"0 ;"=3 ;355"/ -"49"/(

J( E,=02"@ "-"2"/ 1&=4.4 +.(*'&-() 3'( +.+-2-5 '('4-& *'() /%'0 3'( 4=2.5 -0 -"2"* 1>D -"49"/(

e3L3"556" =0-"4 2"05 "#"' T"*""/ E;-2"*0"/ =0-"4 -0<$53/0 -$5#"5 *$'$4" 6"5# 2$*"/ 6"5# ,>2$/

*$50*,324"5 4$'>;"4"5 4$<"-" T"*""/ E;2"*0"/( I$'$4" 6"5# =$2"/ =$'3L0 -"5 *"*<3 *$*0432

,$,"5 -"49"/ "4"5 =/","= -"5 =$="< <$5-0'0"5 -0 L"2"5 -"49"/( I$'$4" "-"2"/ <"'" "*0205 7<$4$'L":

6"5# =/","= ,$'-$<"5 -$5#"5 3L0"5C /";02 -"'0 4$0*"5"5 6"5# *"5="< -0L09" *$'$4"C *$5#/"'"<

4$'$-/""5 "22"/ -"5 #"5L"'"5 "4/0'"=( E50 4$'"5" *$'$4" *$*"/"*0 ,"/"9" 4$<"6"/"5 -"5

4$;34"'"5 -0L"2"5 -"49"/ 2$,0/ ,$;"' -"'0 /",3"5 6"5# *$'$4" "4"5 <$'>2$/0 -0 -350" 050(

\( E,=02"@ +.+'1'&/'( /.2=+1=/ *'() +.+,.('&/'( >'(>- +.&./' 3.()'( '22'5 3'( 5'/-/'0

1.())',%()'( +.&./' 0.&5'3'1 (-2'- 8+'(( E502"/ 6"5# -035#4"<4"5 >2$/ D0'*"5 +22"/ -0 -"2"*

;3'"/ ]+20 E*'"5 4$=04" *$5##"*,"'4"5 3L0"5 6"5# =$2"/ -0=0*<" >2$/ >'"5#A>'"5# 0;2"* -0 -"2"*!$'"5# H/3-(

g T04" 4"*3 *$5-"<"= 234" C *"4" ;$;35##3/56" 4"3* I3;6'04 0=3<35 *$5-"<"= 234" ;$<$'=0 4"*3(

&"5 -$*040"52"/ C 4"*0 <$'#020'4"5 /"'0A/"'0 7*$5"5# -"5 4"2"/: "5="'" *"53;0" ;3<"6" +22"/

*$5#"="/30 >'"5# 6"5# ,$5"'A,$5"' =$="< 0*"5 *$'$4" -"5 *$*020/ "5="'" 4"*3 <"'" 163/"-"@(

&"5 "22"/ =0-"4 ;34" 4$<"-" >'"5# ,$'2"43 S"20*(i 7UZ_:

g &"5 ;3<"6" "22"/ *$*,$';0/4"5 >'"5#A>'"5# 6"5# ,$'0*"5 7-"'0 ->;"A->;" *$'$4": -"5

*$*,05"4"5 >'"5#A>'"5# 4"D0'((i7UZU:

E*"* +'A."S0 4$=04" *$5"D;0'4"5 "6"= 050 *$56"="4"5 ,"/"9" <'>;$; <$'#020'"5 050 7"=Ae"-"932: 050,34"5 ,$'*"4;3- "22"/ *$*$5"5#4"5 >'"5#A>'"5# B"D0' =$="<0 <$'#020'"5 050 *$535L344"5 ,"/"9"

+22"/ *$*,$'04"5 3L0"5 -"/;6"= 4$ "="; >'"5#A>'"5# 4"D0' -"5 4"-"5#A4"-"5# 4$ "="; >'"5# 6"5#

,$'0*"5( HL0"5 050 ,>2$/ -020/"= -"'0 ,$,$'"<" <$';<$4=0D ,$'043= G

U( B"2"32"/ +22"/ *$*,$'0 3L0"5 6"5# -"/;6"= 4$ "="; >'"5# B"D0' <"-" ;$=0"< *";" -"5

*$5#/"<3;4"556" 4$ "="; >'"5#A>'"5# I34*05 *"4" "4"5 =$'/";02 ;"=3 <$5#$="/3"5 ,"/"9" E*"5

"-"2"/ )"F 7;"=3 4$,$5"'"5: -"5 6"5# 2"0556" "-"2"/ R"=02 74$,"=02"5:( &$5#"5 050 "4"5 =$'/"<3;

,$,"5 ="420DC #"5L"'"5 <"/"2" -"5 ,"2";"5 4$L"/"="5 7]EF>,:( T3;=$'3 "22"/ <$'#020'4"5 <$'4"'" 050 4$

"="; 4$2>*<>4 *34*05 -"5 4$2>*<>4 4"D0'(

J( 1$>'"5# *34*05 4"-"5#A4"-"5# *$2"434"5 ->;" -"5 *"4;0"=C *"4" +22"/ *$*,$'04"5 3L0"56"5# -"/;6"= 4$ "=";56" ;$,"#"0 <'>;$; ="@-0, 7*$*,$'0 "-",: 4$<"-"56"(

Z( 8,0-2'/N +.+1.&3'2'+/'( >%&'() '(0'&' /.2=+1=/ *'() ,.&-+'( 3'( /.2=+1=/ *'() /%I%& (

e0-"4 "-" =0=04 <$'=$*3"5 "5="'" 4$-3"56" ;"*" ;$4"20( B$2>*<>4 4"D0' "4"5 ;$5=0";"

*$5-$5-"5#4"5 0'"*" 4$;"40="5 -"5 4$<"6"/"5 4$ "="; >'"5#A>'"5# 6"5# ,$'0*"5( !$<$'"5#"5 050

,$'=$'3;"5 -"5 ,$'2"5L3="5 ;$/05##"2"/ >'"5#A>'"5# 4"D0' =35-34 4$<"-" /343* E;2"*( B"2"32"/

>'"5# 4"D0' ,$'2$*,3= -$5#"5 >'"5# 6"5# ,$'0*"5 -"5 *$*,$5"'4"5 >'"5# *34*05

*$56"*<"04"5 '0;"2"/ -"49"/ *"4" >'"5#A>'"5# 6"5# 2$*"/ 0*"5 ,$'4"=" G g R34"52"/ >'"5# 4"D0'

;$,3'34 ;0D"=56" ;$<$'=0 6"5# -0;"5#4"((i( +22"/ 1We *$*,$'04"5 <$5$#";"5 -0 -"2"* "2A83'"5 -0

-"2"* "6"= U_[ -"5 JU` 13'"/ "2AR"F"'"/ 6"5# ,$'*"4;3- G



!U # ! " # $

g p'"5#A>'"5# 4"D0' -"'0 "/20 B0=", -"5 L3#" >'"5#A>'"5# I3;6'04C =0-"4 ;34" 40'"56" -0=3'354"5

4$<"-" 4"*3 ;$-040= <35 -"'0 4$,"04"5 -"'0 e3/"5I3i( 7U_[ "2AR"F"'"/:

g -"5 >'"5#A>'"5# 4"D0' ;$5=0";" *$*$'"5#0 4"*3 ;$/05##" *$'$4" *"/3 *$*"205#4"5 4"*3 -"'0

"#"*" 4"*3 L04" *$'$4" *"*<3 *$2"434"556" 76"5# -$*040"5 0=3:( 7JU`:(

[( 8,0-2'N +.+1.&/%'0/'( -/'0'( 4.4'+' +%/+-( 3.()'( -/'0'( 1.+-/-&'( 3'( 1.&'4''( ( HL0"5

050 *$*,"9" >'"5#A>'"5# *34*05 ,$'D040' 4$<"-" ;"=3 /"404"= ,05""5 E;2"* 6"5# <"-3C 6"5# "4"5

*$*,$'04"5 *$'$4" ;"=3 ,05""5 6"5# 43"= -"5 *"5="<( 1$;35##3/56" *$'$4" 6"5# =$2"/ -03L0

-$*0 4$'"5" 4$0*"5"5C *$'$4" =$2"/ *$*,$'04"5 ;$;3"=3 6"5# <"205# *"/"2 -0 -"2"* /0-3<

*$'$4" -"'0 L09"C /"'="C "5"4A"5"4 -"5 5$#"'" *$'$4" -$*0 4$'"5" 4$0*"5"5( HL0"5 "4"5

*$5#3"=4"5 04"="5 <$'";""5 6"5# *$5-"2"* -"5 *$5M"<"0 /"404"= 4$,$';"*""5 -"5 ,"5=3

*$*,"5=3( B"-"5#A4"-"5# *"53;0" *3-"/ 23<" >'"5# 6"5# ,$';"*"56" -0 ;""=A;""= 4$#$*,0'""5

;$-"5#4"5 *"53;0" =0"-"4 "4"5 *$23<"4"5 ;$;$>'"5# -0 ;""=A;""= 4$<"6"/"5 -"5 4$;34"'"5(

Y( 8,0-2'/ '3'2'5 3'2-2 0.&/%'0 *'() +.(%(>%//'( /.+'+1%'( 3'( /.%0%5'( 3'/7'5< ."*"0

*"53;0" *$5$'0*" ;$'3"5 -"49"/ "<",02" *$'$4" *$20/"= <"'" <$5-"49"/ =/","= 7=$#3/: -0 "="; L"2"5 -"49"/C =05##0 4$;","'"5 -"2"* *$5#/"'35#0 3L0"5 6"5# L"3/ 2$,0/ -"/;6"=( I$5"5##35#

,$,"5 3L0"5 "-"2"/ ;"=3 <$';"4;0"5 4$="/"5"5 *$'$4" -0/"-"<"5 *"53;0"(B/3,"0, ,( ]+-0 .(+

;$5=0";" *$5-$5-"5#4"5 35#4"<"5 ;6"0'56"G

+43 =0-"4 <$-320 4$=04" "43 ,$'<$'"5# ;$,"#"0 ;$>'"5# *3;20*

&"'0 "'"/ *"5"((-$*0 4$'"5" +22"/ "43 "4"5 #3#3' 7;$,"#"0 16"/0-:((

`( 8,0-2'/ '/'( +.(>'3-/'( 4.=&'() +%/+-( 4.(0-'4' ,.&5'0-E5'0- 3'( 0'/%0/'( L22'5< 1$>'"5#

*34*05 "4"5 ;$5=0";" *$505#4"=4"5 43"20=0 "*"256" -"5 ,$'3;"/" *$5M"<"0 ;6"'"=A;6"'"=

4$*$5"5#"5 ;$'=" *$5L"3/4"5 ;$,",A;$,", 6"5# *$*,"9" 4$4"2"/"5 ;$<$'=0 *"4;0"= -"5 ->;"C;04"< 2$*"/ -"5 *$56$'"/ -0'0(

^( D>-'( +.+,.(0%/ 4-I'0 -/52'4 3- 3'2'+ >-7' +%/+-(< E*"* +'A'"S0 -0 -"2"* ="D;0'56"

*$56"="4"5 ,"/"9" G g 1$;35##3/56" 4$04/2";"5 ;$;$>'"5# 05;"5 -020/"= 4$=04" ,$'"-" -"2"*

4$"-""5 3L0"5 7-0=0*<" ,"2":C -0" 2$,0/ ,"56"4 4$*,"20 *$5#"-3 4$<"-" +22"/56" ,$',"5-05#

4$=04" *$5$'0*" /",3"5 -350"(

+22"/ *$5L$2";4"5 /"404"= -"5 ;355"/ 050 *$2"230 D0'*"556" 6"5# ,$'*"4;3- G

g &"5 4"*0 <";=0 *$5#3L0 4"*3 -$5#"5 ;$=3 4$="43="5C 4$2"<"'"5C 4$43'"5#"5 /"'="C L09" -"5 ,3"/A

,3"/"5C -"5 4/","'4"52"/ ,$'0=" #$*,0'" 4$<"-" >'"5#A>'"5# 6"5# ;","' 6"5# "<",02" *$'$4" -03L0

-$5#"5 ;"=3A;"=3 *3;0,"/ C *$'$4" ,$'4"=" G ;$;35##3/56" -"'0 "22"/ -"5 4$<"-"56" 4"*0

-04$*,"204"5((i(

+;A16$04/ I3;="D" I";63' -0 -"2"* ,34356" T"2"5 &"49"/ *$5L$2";4"5 -$5#"5 <"5L"5# 2$,"'

/"404"= 050 -0 -"2"* ,", ='0,32";0 -"5 *$/5"/ -0 L"2"5 -"49"/(

I>#" <"'" <$5-"49"/ ;$5=0";" ,$';","' -$5#"5 3L0"5 4$'"5" 0" "-"2"/ ;"=3 ;355"/ -"'0 ;355"/,$'-"49"/



!] # ! " # $

$'.3'5 ] ` B'1'()'( 3'/7'5 2%'4M+'/' 1-2-52'5 =&'() *'() 0.&,'-/ %(0%/

+.(.&-+' 4.&%'( 3'/7'5

7 8

&"49"/ -0 D";" e"@;0; 7<$5#";";"5: -"5 e"49$5 7<$*,05""5: *$*$'234"5 3;"/" 6"5# ,$'20<"= #"5-"=$'3="*" 35=34 *$*020/ "5";0' =$'<020/ 7534/,"/: "#"' -"<"= ,$'#",35# -$5#"5 4"D02"/ -"49"/(

I$*020/ "5";0' ;>2$/ "-"2"/ *",-"@ 7<'05;0< ";";: -0 -"2"* "*"2 -"49"/ 4/3;3;56" -0 D";"AD";" "9"2

-"49"/( H;"/" 050 -02"434"5 -$5#"5 "*"2 ="L*04 -"5 -"49"/ D"'-06"/ 6"5# =$'"5M"5#C ;0;=$*"=04C

,$'*"5/"L -"5 ,$'*"'/"2"/(

+5="'" 4"$-"/ ,$'-"49"/ -0 -"2"* *$*020/ "5";0'A"5";0' =$',"04 050 0"2"/ G

• N$1"."( 2'()"( +,"() 4"() 2'."# !'3'1$- 4"() Q"$*5= B

• N$1"."( 2'()"( +,"() 4"() -$2" !'3'1$- 2'P"!"5 = B

• N$1"."( 2'()"( +,"() 4"() #"P"2*$. 2",/ 4"() !+-3+()5=

B• N$1"."( 2'()"( +,"() 4"() 3',/1-$ !'3'1$- 4"() 3$#" *$,$85 =

B

• N$1"."( 2'()"( +,"() 4"() 3'1$- /(#/-"6 2",/ 4"() !$2"* /(#/-"65=

B

• N$1"."( 2'()"( .'("1"( .',Q" !'3'1$- 4"() 1"/(5 =

B

": b%2'/'( 3.()'( =&'() *'() 1'2-() 3./'0 4.,.2%+ *'() >'%5<

&"49"/ 40=" "-"2"/ -"49"/ 35=34 ;$*3" *"53;0"( e0-"4 "-" ;$>'"5# *"53;0" =$'2$<"; -"'0 40="

*$56"*<"04"5 ;$'3"5 -"49"/( I$*32"4"5 -"49"/ -$5#"5 >'"5# 6"5# <"205# -$4"= /3,35#"504"="5 4$4$23"'#""5 "-"2"/ 4$3="*""5 ;$,$23* 40=" *$56"*<"04"5 4$<"-" >'"5# 6"5# L"3/ 04"="5

4$4$23"'#""5(E50 4$'"5" *$'$4" "*"= -$4"= -$5#"5 4$/0-3<"5 1"5# &"0$( 1"5# &"0$ "*"=

*$5#$5"20 2"="' 4$/0-3<"5 *$'$4"C ,$'#"32 ;$L"4 4$M02 ;$/05##" ,$;"'C *$*"/"*0 ;3;"/ <"6"/C

4$'$5"/ -"5 4$<$'23"5 *$'$4" ,$',"5-05# *$'$4" 6"5# L"3/ 04"="5 4$"4'","5(

I$'$4" 050 "4"5 *3-"/ *$5M$2" -"5 *$5M$*3/ <"'" -"0$ L04" -0" 2"2"0 -"5 *$5#","04"5 -"'0

*$5#"*,02 ,$'"= 3'3;"5 *$'$4" -"5 *$5#3="*"4"5 6"5# L"3/( 1"5# &"0$ 050 "-"2"/ /"'"<"5

*$'$4"C -0" ,$'#$23= -$5#"5 4$/0-3<"5 *$'$4"( 1$#"2" 4$;3;"/"5C 4$<"6"/"5C 4$;$5"5#"5 *$'$4"

"-"2"/ -0,"9"/ ="5##35#L"9", 1"5# &"0$ ="-0 -"5 -0" <";=0 "4"5 -0<$';>"24"5 -0 /"-"<"5 "22"/(

!'0/"=05 -"5 <$-32056" 1"5# -"0$ =$'/"-"< /"2 4"3* 4$'","=56" "-"2"/ =35=3="5 ;6"'0$ ;$/05##"4"5+22"/ 1We *$56$,3= -0 -"2"* "2A83'"5 ;$,"#"0 ="3L0/ 4$<"-" .";32322"/ 1+W G

g 6#$ /)"0-#. 2)"0$%#3#$ ,)2#6# #.-0 ,)-*#"%#(* 6#$ ,#*( ,)"#/#3(* '#$% 3)"6),#344D 713'"/

163"'"@ JUZ:

E*"* +'A."S0 4$=04" *$5#32"; "6"= 050 *$56"="4"5 ,"/"9" g .'-$2/"( 2/" -'-',/(#"*(4"

=N$*"--"2B 3',2".P"* .'&"2" +,"() 4"() &"1/() 2'."# 2'()"(4" 2"( !'#',$!(4" 4"() 2'."#

2'()"((4"T 4"() 2'-/./"( /#$ Q/." 2/" 3',.',"! &"2" 2/,/(4" 2"*$1$=!"*$# 2".P"*B .'-$2/"( &"2"

+,"() 4"() &"1/() 2'."# 2'()"((4" 2"( !'#',$!(4" 4"() &"1/() 2'."# Q$)"T -"." #/2". "2" +,"()

4"() "."( -'1'-&",."( 8/#("* #',*"2"& 2/" =N$*"--"2BT 3"*."( ."#"J."#"(4" 3',)$(" 2"(

-'-3', .'!"(55S (



;_ # ! " # $

+<",02" =3'35 "6"= 050C O",0 1+W ;$#$'" 5"04 4$ R340= 1>D" -"5 *$5#3*<324"5 4",02"/A4",02"/

83'"0;6/ 6"5# ,$',"#"0A,"#"0 -"5 *$56"*<"04"5 ;$'3"5 -"49"/56"( E,53 )"L"' *$5L$2";4"5

,"/"9" /04*"/ *$*32"4"5 -"49"/ <"-" 4"3* 4$'","= -"/323 "#"' 0" *$5L"-0 /3L"/ 35=34

-0;"*<"04"5 -"49"/ <"-" >'"5# 2"05 ;$=$2"/ -0;"*<"04"5 <"-" >'"5# 6"5# =$'-$4"= -$5#"556"C L04"

=0-"4 0" *$5L"-0 ;$,", >'"5# 6"5# L"3/ -"'056" =$'/"2"5# *$5$'0*" ;$'3"5 -"49"/(

,: b%2'/'( 3.()'( =&'() *'() +%3' 4.,.2%+ 3.7'4'<

R$'-"49"/ 4$<"-" >'"5# 6"5# *3-" 2$,0/ *$*,$' 4$;"5 6"5# $D$4=0D ,$',"5-05# >'"5# -$9";"( E50

4$'"5" D040'"5 -"5 <$'02"43 >'"5# *3-" =0-"4 -0M$*"'0 -$5#"5 <$'4"'" 5$#"=0D( R$'05=$'"4;0 -$5#"5

"5"4A"5"4 *3-" 2$,0/ *3-"/ ,$',"5-05# -$5#"5 >'"5# 6"5- -$9";" -0;$,","4"5 4$-3-34"5 ;>M0"2

*$'$4"C 4$;0,34"5 4$'L"6"C ="5##35#L"9", 6"5# ,"56"4 -"5 ="43= 4$/02"5#"5 ;3*,$' 4$4"6""5(

+5"4A"5"4 *3-" 6"5# ;$#$'" *$56"/3= <"5##02"5 -"49"/ ="-0 *3-"/ -0,$5=34 -"5 -0,05" -"5 1"5#

-"0$ ="-0 =0-"4 *$*$'234"5 *";" 6"5# <"5L"5# 35=34 *$5="',06"/ *$'$4"C *$5"5##"24"5 4"'"=A

4"'"= L"/0206"/ <"-" -0'0 *$'$4" ,$',"5-05# #$5$'";0 -$9";"( E50 "4"5 *$*3-"/4"5 <'>;$;

*$56$*"0 ,$50/A,$50/ "4/2"4 -"5 502"0A502"0 E;2"* <"-" -0'0 "5"4A"5"4 *3-" 050(

1$L"'"/ -"49"/ *$56"4;04"5 ,"/"9" <$5->4>5# -"49"/ "-"2"/ =$'-0'0 -"'0 4"2"5#"5 "5"4A"5"4

*3-"( !"'" <$5#043= "9"2 -"49"/ .";32322"/ 1+W "-"2"/ =$'-0'0 -"'0 4"2"5#"5 >'"5# *3-" ;$<$'=0

1"0-05" +20C c"0- ,( )"'0=/"/C H=/*"5 -"5 ;$,"#"056" (I$'$4" "-"2"/ S3'0"= 6"5# ;$M"'" =",0056"

*$5L"-0 <$5#043= <"'" '";32 -"5 <$5##$'"4 -"49"/( E50 ,34"52"/ ,$'*"45" *$5#","04"5 #$5$'";0

-$9";" =$="<0 *$5$4"54"5 ,$="<" >'"5# *3-" 2$,0/ *3-"/ -"5 M$<"= *$5$'0*" ;$'3"5 -"49"/(

I$53*<34"5 -"49"/ <"-" 4$2>*<>4 050 ,$'*"45" *$560"<4"5 #$5$'";0 *";" -$<"5( !$*3-" /"'0

050C <$*0*<05 /"'0 $;>4( I$'$4" "-"2"/ *";" -$<"5 3*"=(

Y: b%2'/'( 3.()'( =&'() *'() 0'7'35%/ 3'&- *'() 4=+,=()<

I$5#3="*"4"5 35=34 ,$'-"49"/ 4$<"-" >'"5# 6"5# ="9"-/34 ,$',"5-05# >'"5# 6"5# ;>*,>5#

4$'"5" >'"5# 6"5# ="9"-/34 *3-"/ -"5 ;$5"5# *$5$'0*" 4$,$5"'"5( I"5"4"2" >'"5# 6"5# ="4,3'

<32" ;$2"23 *$*"5-"5# '$*$/ 4$,$5"'"5 -"5 *$*"5-"5# '$5-"/ >'"5# 2"05(

1$L"'"/ *$5M"="=4"5 ,"/"9" 4$,"56"4"5 <"'" <$5#043= -"49"/ <"'" '";32A'";32 =$'-0'0 -"'0

4$2>*<>4 4"6" 6"5# ,$';6343'C ="9"-/34 "="3 4"2"5#"5 6"5# D"40'C ;","' -"5 2$*"/( H;"/" *$5"'04

4$2>*<>4 050 "4"5 *$*,"9" 4$35=35#"5 <"-" -"49"/ ="5<" *$5#$5$<04"5 4$2>*<>4 2"05 <"-"

-"49"/(

3: b%2'/'( 3.()'( =&'() *'() ,.&-2+% 4.,.2%+ *'() ,%0' 5%&%I<

I$5-"/3234"5 >'"5# 6"5# M$'-04C <05="' -"5 ,$'02*3 4$'"5" *$'$4" "-"2"/ 4$2>*<>4 ;>;0"2 6"5#

,$'<$5#"'3/ -0 -"2"* *";6"'"4"= -"5 ,$'<$'"5"5 *$'3,"/ *";6"'"4"= ,$',"5-05# *$'$4" 6"5#

,3=" /3'3D( !"5-"5#"5 -"5 /3L"/ *$'$4" -0=$'0*" <"4"0 -0 -"2"* *";6"'"4"= -"5 *$5-"<"=

4$-3-34"5 <$5=05#(

R$'-"49"/ 4$<"-" 4$2>*<>4 050 4$'"5" *$'$4" *3-"/ *$502"0 -"5 *$50*,"5# <"5-"5#"5 ;$'="

*$*,3"= <020/"5 =$',"04 -"'0 <$5-"<"= 6"5# -04$*34"4"5( I$'$4" 7#>2>5#"5 M$5-$40"9"5: "-"2"/

4$2>*<>4 6"5# ;$'05# *$5#"L34"5 <$2,"#"0 <"5-"5#"5 ;$;"*" *$'$4" -"5 ,$',"/"; *$5M"'0

/"404"= 4$,$5"'"5 ,$'-";"'4"5 02*3 -"5 4$D"/"*"5 *$'$4"(

$: b%2'/'( 3.()'( =&'() *'() ,.2%+ -(0-+'N 3'&- *'() 4%3'5 -(0-+'N<



;! # ! " # $

I$*32"4"5 -"49"/ 4$<"-" *$'$4" 6"5# 4>;>5# D04'"/56"7=0-"4 =$'04"= 4$<"-" *"5"A*"5" 0-$>2>#0:

2$,0/ -03="*"4"5 ,$',"5-05# 4$<"-" >'"5# 6"5# ;3-"/ "-" <"5-"5#"5 -"5 <$5-0'0"5 0-$>2>#056"(

p'"5# 6"5# 4>;>5# 05=0*"@56" ,$'"-" -0 =0=04 =$5#"/ "5="'" *$'$4" 6"5# ;3-"/ "-" D"/"*"5 "="3

<$5-0'0"5 >'#"50;";0( I$'$4" 050 2$,0/ *3-"/ -0-$4"=0 -"5 ;$5"5# -0"L"4 35=34 *$5$'0*"

4$D"/"*"5 -"5 D04'"/ ( R$',$S" -$5#"5 >'"5# 6"5# ;3-"/ "-" 4$D"/"*"5 -"5 43"= 0-$>2>#056"C"*"= ;34"' *$505##"24"5 D"/"*"5 -"5 "53="556"( H;"/" 6"5# -04>',"54"5 35=34 *$'3,"/ >'"5#

050 *$*$'234"5 =$5"#" 6"5# ,$'20<"= 4"20 #"5-" ,$',"5-05# *$'$4" 6"5# *";0/ 4>;>5#7=0-"4 =$'04"=

-$5#"5 *"5"A*"5" 05=0*"@:( T04" >'"5# 050 *$56"*,3= ;$'3"5 -"49"/ ="5<" "="; '";" 4$'$2""5 -"5

4$D"/"*"5C *"4" -0" "4"5 ,$'3,"/ 4$<"-" -"49"/ 050 -$5#"5 *$*,"9" <$5#"2"*"5 6"5# 23";

-"5 <$';0"<"5 6"5# ,$;"' ( !$'4"'" ;$<$'=0 050 "*"= ;$-040= ;$4"20 ,$'2"43(

D: b%2'/'( 3.()'( /.('2'( /.&>' 4.,.2%+ *'() 2'-(<

B"9"5 "="3 '"4"5 "-"2"/ 4$5"2"5 6"5# <"205# /"*<$' -$5#" &"0$ -"5 ;$'05# ,$'=$*3 ;$M"'"

2"5#;35# "="3 =0-"4 2"5#;35#( I$*D>43;4"5 -"49"/ 4$<"-" '"4"5 ;$4$'L" 2$,0/ *3-"/ -"5 ;$5"5#

4$'"5" 93L3- *$4"50;*$ ,$'4>*3504";0 -"5 =0=04 <$5#20,"="5 *$2"4;"5"4"5 "4=0?0=0 ;$M"'",$';"*"( 1$>'"5# ->4=>' ,$';"*" <"'" ->4=>' 2"05 2$,0/ *"*<3 ,$'-"49"/ -04$2>*<>4 6"5# ;"*"

,$',"5-05# ,$'-"49"/ 4$<"-" 43*<32"5 ;";"' 6"5# =$'-0'0 -"'0 <"'" L3'3=$'" "="3 <"'" #3'3(

T04" ;"5# -"0$ 6"5# ,$'4$'L"6" ->4=>' ="-0 *$5"*<024"5 <$'02"43 6"5# ,"04C *$5L"-0 F3-9"/

-04"2"5#"5 *$'$4"C ;34" ,$'4/0-*"=C =0-"4 *$5#$L"' /",3"5 -350"90 *"4" *3-"/2"/ ,"#056"

*$5"'04 *$'$4" 4$<"-" -"49"/ -"5 *$*<$5#"'3/056"(

O"*35 -"2"* *$2"4;"5"4"5 -"49"/C ;$=0"< &"0$ <$'23 -"5 9"L0, *$5#"*,02 40'" D"4=>' *"'/"2"/

7D";" -"49"/: -0 -"2"* *$*020/ *"-@356"( R>2$/ L"-0 *"'/"2"/ 6"5# -02"230 1"5# -"0$ 0=3 "-"2"/

*"'/"2"/ ="L*04 -"5 <$23";"5C ,>2$/ L"-0 L3#" -0" *$2"230 *"'/"2"/ "*"2 6"5# ,$'=3L3"5 *$5M"<"0

*"=2"*"= =$'=$5=3 ;$<$'=0 *"=2"*"= ="',"90C 04=0;"-0 7$4>5>*0: C ;>;0"2 "="3 <>20=04(

1$=0"< -"49"/ "-" *"'/"2"/56"( 1$=0"< *"'/"2"/ "-" =35=3="556" -"5 ;$=0"< =35=3="5 0=3 "-"

'0L"256"( 1$L"'"/ *$535L344"5 ,"/"9" -"49"/ O",0 1+W *$2"230 <$2,"#"0 D";"( B$=04" O",0 1+W

,$'->" *$5#/"'"< 0;2"*56" "5="'" -3" >*"'C 4$=04" -"49"/ /"56" ,$'4$*,"5*# -04"2"5#"5 >'"5#

6"5# 2$*"/ -"5 D"40'C *"4" <$'0,"-0 6"5# ,$'5"*" H*"' *$5$'0*" ;$'3"5 -"49"/ -"5 0" "*"=

,$'=$<"="5 -$5#"5 D";" -"49"/ 0"0=3 D";" -"49"/ ;$M"'" =$',34"( I"4" H*"' *$5#0;6=0/"'4"5

4$0;2"*"556" -"5 -"49"/ =$2"/ *";34 4$ <$'0>- ,"'3 0"=3 <$'0>- -"49"/ ;$M"'" =$',34"(

R$#0=3 L3#" <$5#/"5="'"5 I3;@", ,( H*"0' .(+ 4$ I"-05"/ ;$,"#"0 4$=3" "="3 5"F0, -0 ;"5" "-"2"/

;$,"#"0 <$';0"<"5 -"5 <$';$-0""5 *$*";340 $'" <$5$#"4"5 -"32"/ E;2"*(

R$'-";"'4"5 40;"/ <$5#0;2"*"5 H*"' -"5 <$5#/"5="'"5 I3;@", 4$ I"-05"/C 40=" -"<"=

*$'3*3;4"5 ,"/"9" <$'"5"5 -"49"/ /"'3; *$*";340 902"6"/ 4$43";""5 -"5 4$43"="5

*";6"'"4"= ;$/05##" *"*<3 *$*,"9" 4$<"-" <'>;$; ='"5;D>'*";0 -"5 ="#/60'( R$#0=3 L3#" -0

-"2"* <$5#><$'";0"5 "*"2 -"49"/ <$'23 *$5#"*,02 40=" 4$<$'23"5 *"'/"2"/ 7+%&'N'0 '2E

+'&5'2-*'5:(

$'.3'5 !_ b'4' '3'2'5 %(4%& 1.(0-() 3'( /.>'*''( 3'/7'5

U( 1$;35##3/56" '"*"0 <"'" -"0$ *$'";" ,$'<3=3; ";" "="3 /02"5# <$5#/"'"<"5 4$=04" -0"

*$56"*<"04"5 ;$'3"5 -"49"/ 4$<"-" <"'" *"-@356"C *$5##35"4"5 /3L"/ -"5 ,34=0 6"5#56"="C 5"*35 <"'" *"-@356" =0-"4 '$;<>5;0D =$'/"-"< ;$'3"5 -"49"/ =$';$,3=(



;; # ! " # $

J( E50 ,$'<35M" -"'0 ;04"< <"'" &"0$ 7<$5-"49"/: 6"5# =0-"4 *$*"/"*0 "="3 *$5#"*,0240'"

4$3="*""5 D"M=>' *";" ;$,"#"0 D"M=>' <$5=05# -0 -"2"* *$5L"6"4"5 "*"2 -"49"/(

\( E*"* +;A1/"/0- )";"5 "2AR"5" *$5#35#4"<4"5 ;"=3 4"$-"/ P '2E7'a0% >%?N%( +-('2 Q-2'>i

n *";" "-"2"/ ;$,"/"#0"5 -"'0 <$'"9"="5o( E*"* "2AR"5" *$5#05#"=4"5 <"'" <$5-"49"/

"#"' *$2$="44"5 35;3' *";" ;$,"/"#0"5 -"'0 2"5#4"/A2"5#4"/ *$*,"040 3*"= 050(

Z(

B"="A4"=" G QB- /%22- +'&5'2'5 &->'2%5' 7' 2-/%22- +'&5'2'5 +'4*'/-2%5'@ 7;$=0"< *"'/"2"/-"49"/ "-" '0L"256" -"5 ;$=0"< *"'/"2"/ -"49"/ 0=3 "-" <$'*";"2"/"556":( T3;=$'3 <"'"

<$5-"49"/ -"2"* *$*0432 *";3206"=3- "-A-"49"/ <$'23 20/"= 4$<"-" D"M=>' *";"C D"M=>'

4$*"*<3"5 q 4$3<"6""5 *$*<$';0"<4"5 '0L"2 ;$'=" *";"2"/A*";"2"/ -0 -"2"* <$'L"2"5"5

-"49"/ 0=3( I"4" *$56$2$;"04"5 ;$#"2" 4$<$'23"5 D";" 0=3 /"'3; -0"*,02 40'" D"M=>' *";"(

[( B"$-"/ D0F/ *$56$,3= G Q b'(-40'N>'2' a',2' '7'(-5- %a-,' ,-5-&+'(-5-<<@ n R"'"5#;0"<"

6"5# *$*$=04 /";02 ;$,$23* =0," *";"56" *"4" -0" =$'/"2"5# 35=34 *$5-"<"=4"556"((o( E50

*$535L344"5 ,"/"9" -0 -"2"* -"49"/ <$'23 -0=3"0 /";02A/";02 -"49"/ 0=3 ;$M"'" *"="5#

"<",02" ;"*<"0 *";"56" -"5 M343< <'";6"'"=56"(

Y( 1$$'"/ *$535L344"5 ,"#"0*"5" .";32322"/ 1+W *$5#"*,02 40'" D"4=>' *";" -0 -"2"*

*$5L"6"4"5 "#$5-" -"49"/56"( !$'<05-"/"5 *"'/"2"/ -"'0 10''06"/ 74$'"/;0"5: 4$<"-"

T"/'06"/ 7=$',34": C -"'0 T"/'066"/ 4$ D";" 0F"*"=3- "-A-$$5 "-"2"/ ,$'";";4"5 D"4=>' *";"(`( &"2"* ;4>< 6"5# 2$,0/ *04'> =$'3="*" *$2"4;"5"4"5 3;"/" ="L*04 -"5 -"49"/ 4$<"-"

*"53;0"C <"'" -"0$ /$5-"42"/ *$*"/"*0 ,"/"9" *";" 7=0*$205$: "-"2"/ ;"2"/ ;"=3 -"'0

<'"A;6"'"= 4$,$'/";02"5 -"49"/(

^( E50 4$'"5" '$"20=0 6"5# *$205#435#0 4$/0-3<"5 *"-@3 "-"2"/ '$"20=6 6"5# ,34"5 E;2"*

7350;2"*0M: "="3 ,0";" -0;$,3= ;$,"#"0 '$"20=0 L"/0206"/(.$"20=0 050 =$2"/ *$*<$5#"'3/0

4$/0-3<"5 <"'" *"-@3 ;"*"-" -"'0 ";<$4 =05#4"/2"43 "="3 <$*040'"5(

a( E50 *$93L3-4"5 L3'"5# <$*0;"/ "5="'" 4$/0-3<"5 6"5# -02"230 >2$/ 1"5# &"0$ -$5#"5

4$/0-3<"5 <"'" *"-@3( &"0$ *$*,"9" 502"0A502"0 0;2"*04 ;$-"5#4"5 *"-@3 <32" *$*,"9"

502"0A502"0 6"5# =0-"4 0;2"*04 -"5 ,$'=$5="5#"5 -$5#"5 "20'"5 <"'" -"0$( b"5="'"5 0=3C

*$5#/"'"<4"5 -"49"/ -0=$'0*" -$5#"5 M$<"= -"5 ;$#$'" "-"2"/ ;3"=3 6"5# *3;="/02 -"5 0"

,$'=$5="5#"5 -$5#"5 ;355"/ -"49"/(p2$/ 0=3 <"'" -"0$ <$'23 *$*"/"*0 ,$,$'"<" <$'4"'"0"0=3 G

• 1$=0"< ;$'3"5 "="3 4"20*"/ 6"5# -0;"*<"04"5 >2$/ <"'" -"0$ 0=3 =0-"42"/ 0" /02"5# ,$#0=3

;"/"L" -0 *05-" <"'" *"-@3( I"-@3 P*"-@3 ="-0 *$5#/0*<35 *"423*"=C 02*3 -"5

4$D"/"*"5 =$';$,3= -"'0 ;$*";" 4$ ;$*";"( E" *$5#3=0< L3#" 4$D"/"*"5 =$';$,3= -"'0 <"'"

-"0$ 6"5# 2"05C 6"5# *35#405 *$*,0M"'"4"5 =><04 6"5# ;"*" ;$/05##"2"/ "<",02" =0,"

4$;$-"'"5 -0 -"2"* L09"56"C -0" *$56"="4"5 G ]"43 <$'5"/ *$5-$5#"' -"'0 ;0 D32"5 0=3((;0

D32"5 050((@( E50 "4"5 *$5#05#"=4"5 ;$*32" 05#"="5 *"-@3 ="-0 <$;"5"5 6"5# -0;"*<"04"5

>2$/ <"'" <$5-"49"/ ;$2$<"; ,$,$'"<" 4$=04" 6"5# 4"-"5# *$*"4"5 *";" ;"*"-" -"2"*

=$*<>/ 6"5# ;05#4"= "="3 <"5L"5#(

•

!"'" <$5-"49"/ <$'23 ,0L"4 *$*020/ *";" -"2"* <$5#><$'";0"5 "*"2 -"49"/ -"5 0" ,$'"-"-04$-3-34"5 6"5# <$5=05#( I$*020/ *";" 6"5# ;$;3"0C <"-" *"-@3 6"5# ;$;3"0 -0 =$*"<"=

6"5# ;$;3"0 "-"2"/ <'"A;6"'"= *$5L"6"4"5 ;$'3"5 -"49"/( E50 4$'"5" -"49"/ =$'4$;"5

-$5#"5 ;3";"5" 205#435#"5 6"5# -02"230 >2$/ <"'" -"0$ -"5 *"-@3( E,53 I";@3- *$56"="4"5 G

g A#.#F# "#1*-*--#. <=> /)".#305.#30 ()(/)"0,#$ 2)"0$%#3#$ ,)2#6# ,#(0 70,*3

,)1)1*#0#$ (#1#8 @ 603#,*30 ,#(0 ()"#1# /!1#$ 6#$ +)(*D4

• e0-"4 9"L"' <"'" -"0$ *$*"5L"5#4"5 ,0M"'"56" =$'/"-"< *"-@3 4$'"5" 050 4"-"5#A4"-"5#

*$5L$*34"556" -"5 *$56$,",4"556" ,$'";" #$20;"/( b"5#4"/ =$',"04 ,"#0 ;$>'"5# -"0$

0"2"/ *$*,0"'4"5 *"-@3 ,$'4$05#05"5 =05##0 35=34 *$5#$="/30 ,"/"5 6"5# -0;"*<"04"5

-"5 *$*05=" <$5"*,"/"5 02*3 =$';$,3=(

• 10D"= =$'#$;"A#$;" 35=34 *$20/"= /";02 ,$'2"43 4$<"-" *"-@3 "4"5 *$*,"9" 5"=0L"/ 6"5#

,3'34( I"-3 *$*,$'04"5 '$;<>5 =$'/"-"< "<" 6"5# -0;"*<"04"5 >2$/ -"0$ ;"*"-" -0"

*$5>2"4 "="3 *$5$'0*" ;$'3"5 =$';$,3=( B$-3"A -3" <$'4"'" 050 L04" ,$23* ;"*<"0



;A # ! " # $

=$*<>/56" ,>2$/ *$*,"9" *3-"'"= 4$<"-" *"-@3( 1$=0"< -"0$ <$'23 ,$'="-"''3L

7,$'"5;3'A"5;3': -"2"* 2"5#4"/A2"5#4"/ -"49"/56"( 10=3";0 050 -"<"= -020/"= -"'0 ;04"<

*"-@3 -"2"* *$5#"*,02 ;"=3A;"=3 4$<3=3;"5 ;"*"-" -0" *$5>2"4 "="3 *$5$'0*"( T04" -0"

*$5#"*,02 ;04"< *$5>2"4C *35#405 -0;$,",4"5 *"-@3 ="-0 =$'#$;"A#$;" 35=34 *$*,3"=

4$<3=3;"5 ;$,$23* *$5-"<"= #"*,"'"5 *$56$23'3/ =$5="5# ;$'3"5 -"49"/ ="-0( I"-@3

="-0 <32" 05#05 *$5S"/0'4"5 <$5-0'0"556" -"5 *"/3 -04$5"20 -$5#"5 <$5-0'0"5 =$';$,3= 6"5#"40,"=56" ,>2$/ *$'>;"44"5 #"*,"'"5 -"49"/( E50 "-"2"/ ,$'<35M" -"'0 <$'2"43"5 &0"$

6"5# *"/3 *$*$=04 /";02 -"49"/56" ;$,$23* =0," *";"56"(1$,"20456" L04" *"-@3 ="-0

*$5$'0*" ;$'3"5 -"49"/ -"2"* 4$"-""5 6"5# =$'#$;"A#$;" -"5 ;$2$<"; ,$,$'"<" 4$=04"

-0,$'04"5 ="420D 7,$,"5 ="5##35#L"9",: -"5 9"L0,"= 7=3#";"5: 6"5# =0-"4 *"*<3

-02"4;"5"4"556"(B$"-""5 050 4"-"5#A4"-"5# *$*,3"=4"5 *"-@3 ="-0 ,$'"-" -"2"*

<$'=$5="5#"5 "5="'" -3" ;04"< 0"0=3 ;04"< *$5S"/0'4"5 -"5 ;04"< ,$'-";"'4"5 <'05;0<( E50

*$*,"9" *"-@3 =$'L$,"4 -0 -"2"* 4"5M"/ ->;" ;$<$'=0 ,$'-3;=" -"5 50D"F7<3'"A<3'":(

B"2"32"/ -0" -0,$'0 <$23"5# 35=34 ,$'D040' *"4" *35#405 <$5-0'0"5 6"5# -0"*,0256" 0=3

,$'";";4"5 4$<"-" <'05;0< 6"5# L$2";(k"'" 6"5# <"205# =$',"04 ,"#0 *$5"5#"50 <$'4"'" 050

0"2"/ <"'" -"0$ L"5#"52"/ =$'2"23 ;$#$'" -"2"* *$*,3"= 4$<3=3;"5( R$'02"/ <$23"5# 4$<"-"

*"-@3 *$*,3"= 4$<3=3;"5 ;$M"'" 2"5#4"/ -$*0 2"5#4"/ -"5 ,$'"5;3'A"5;3' C -0L$2";4"54$<"-"56" "40,"=A"40,"= L04" *$5$'0*" ;$'3"5 -"49"/ -0 ;"*<05# *$56"="4"5 /"'"<"5A

/"'"<5 <>;0=0D L04" '$;<>5=0D =$'/"-"< ;$'3"5 -"49"/(

•

I$2$="44"5 *";" ;$,"#"0 ;"2"/ ;"=3 D"4=>' $D$4=0D 4$,$'4$;"5"5 -"49"/ "4"5 *$'05#"54"5

=$4"5"5 6"5# -02"230 >2$/ <"'" -"0$ =$'3="*" ,$'-$<"5 -$5#"5 4$4$M$9""5 -"5

4$<3=3;";""5( I$5#"*,02 40'" D"4=>' *";" "4"5 *$*,34" 3D34 6"5# 23"; ,"#0 -"0$C

;$5=0";" ><=0*0;=04 -"5 <>;0=0D -"5 =05##0 M0="AM0="56"( E" 3*<"*" ;$>'"5# ->4=>' 6"5#

,$'-$<"5 -$5#"5 <$;"40=56"( &>4=>' 0=3 =0-"4 <$'5"/ ,$'4"=" 4$<"-" <$;"40=56" G g R3"=2"/

;$4"20 '"9"="5 ;"/"L" 5"5=0 "4*3 "4"5 ;$*,3/i =$="<0 4"="56" G g,3"=2"/ ,$'4"20A4"20

'"9"="5C -"2"* =$*<>/ =$'=$5=3 <";=0 4"*3 "4"5 ;$*,3/((i( 1$*>#" <"'" -"0$ *$5M>5=>/0

;04"< ->4=>' 6"5# ,$';","' -"5 =0-"4 L$*3 *$'"9"= <$;"40=56" ;$/05##"2"/ <$;"40=56" 0=3

;$*,3/( 1$*3"56" 0=3 -040'" ,$'-";"'4"5 D"4=>' *";" C 4$;","'"5C 4$04/2";"5 -"54$;35##3/"5 -0 -"2"* *$5#3,"=0 <$;"40=56"( &"0$ 0,"'"= ->4=>' 6"5# *$'"9"= 3*"= 6"5#

;"40=(&0 /"-"<"556" ;$'0,3 ;"=3 *"M"* *"53;0" 6"5# ;$*3"56" *$535=3= 4$<"-" D"4=>'

*";" 35=34 ;$*,3/(

$'.3'5 !! K'/7'5 '3'2'5 4.(- 3'( /.1.+-+1-('(M 1.&'(Y'()'( 3'(

1.+'(0'%'(<

1$,"/"#0"5 ,$;"' <"'" -3@"= *$56"5#4" ,"/"9" -"49"/ /"56"2"/ 3;"/" *$56$'3 *"53;0" 4$<"-"

4$,"04"5 -$5#"5 *$5##35"4"5 4"20*"/A4"20*"/ 6"5# ,"04 <"-" *"5"A*"5" ;0=3";0 "="3

4>5-0;0(B$*35#405"5 L3#" -"49"/ 0=3 ,$'2"43 ;$M"'" =0-"4 ,$'<$'"5M"5#"5 ,$'-";"'4"5 <$',$S""5

4$*"*<3"5 <"'" -"0@$(

+-" ;$,"/"#"0"5 <"'" -"@0$ -0,$'04"5 "22"/ 4$*"*<3"5 6"5# 23"' ,0";" -"5 /$,"= *$56"*<"04"5

-"49"/( I"53;0" *3-"/ =$'="'04 -$5#"5 ;$'3"5 -"49"/56" -"5 ;"5# -"0$ ="-0 *"*<3 *$5L05"44"5

/"=0A/"=0 <"'" *"-@356"( I"5"4"2" ;$,"/"#0"5 6"5# 2"05 <32" -04"2"5#"5 <"'" -"@0$ =0-"4 *$*02040

4$*"/0'"5 7;4022: -"5 ;$50 35=34 ,$'-"49"/ -"5 *$5"'04 <"5-"5#"5 <"'" <$5-$5#"'(

O"*35C 4$-3"A-3" 4$2>*<>4 -3"= 050 "*"=A"*"= *$*$'234"5 4$<"-" *$*"/"*0 <'05;0<A<'05;0<

,$'-"49"/C ="/3 3;23, -"5 =$4504 ,$'-"49"/ ;$'=" 2"=0/"5A2"=0/"5 4$*"/0'"5 35=34 ,$'-"49"/(



;C # ! " # $

T3;=$'3 0=3 -"49"/ "-"2"/ ;"=3 ;$50 6"5# <$'23 -0<$2"L"'0C 4"$-"/ -"5 3;23, 6"5# -04$*,"5#4"5 -"5

*$=>- 6"5# =$'4$;"5 -$5#"5 M"'" 6"5# *>-$'5 -"5 4>5=$*<>'"'0( E50 *$*$'234"5 4$<"-"

<$'"5M"5#"5 7<2"5:( &"49"/ 6"5# =0-"4 =$'"5M"5# "4"5 *3-"/ -04"2"/4"5 -$5#"5 L"/0206"/ 6"5#

=$'"5M"5#( T04" <"'" -"0$ #"#"2 *$'"5M"5# 35=34 -"49"/ ,$'*"45" <"'" -"0$ ="-0 *$'"5M"5# 35=34

*$5##"#"24"5 -"49"/(

!$'"5M"5#"5 "="3 ="4/=0= 7-0 -"2"* R"/";" +'",: "-"2"/ $2$*$5 <$5=05# ,"#0 *$*$5"5#4"5 -"49"/(

+<"="/ 2"#0 -"49"/ <$'23 *$'$5=";0 D";"AD";"56" 6"5# *$535=3= 4$<"-" ;='"=$#0 -"5 <$'"5M"5#"5(

1$$'"/ .";32322"/ 1+W ;$5-0'0 *$535L344"5 ,"/"9" ,"#05-" *$5#"*,02 40'" D"4=>' <$'"5M"5#"5

,"#0 *$5L"6"4"5 ;$=0"< *0;0 -"49"/56"( !$'0;=09" )0L'"/ M343< *$*,34=04"5 4$<$5=05#"5

,$'<$'"5M"5#"5 -0 -"2"* *$2"4;"5"4"5 "*"2 -"49"/ "#"' "*"2 -"49"/ 0=3 *$5L"-0 +*"2 8"906(

!$'"5M"5#"5 6"5# <$53/ ;$-"' "4"5 *$5#/";024"5 ;$50 -"49"/ 6"5# <'>-34=0D( E50 4$'"5"

<$'"5M"5#"5 *$'3<"4"5 =";"993' =$>'04"2 =$'/"-"< <$'L"2"5"5 -"49"/( 1$L"3/ *"5" <$'"5M"5#"5

0=3 -0;3;35 -"5 *$5#3";"0 ;$=0"< -0*$5;056" "4"5 *$*,"9" 4$<"-" 4$,$'/";02"5 /";02 75"=0L"/:

-$5#"5 ,"5=3"5 -"'0 "22"/ -"5 ;$2$<"; ,$'="9"4"2 4$<"-"56"(

&350" *>-$5 /"'0 050 "-"2"/ -350" 6"5# ,$'";";4"5 4$<"-" ;='"=$#0 -"5 <$'"5M"5#"5 ;"*"-" -"2"*

";<$4 $4>5>*0C <>20=04 -"5 <$5-0-04"5( e"5<" <$'"5M"5#"5 =0-"4 "4"5 2"/0' /";02 -"5 4$;"556"

4$<"-" >'#"50;";0 *"/3<35 *";6"'"4"= ;$40="'56"(

&"2"* 4>5=$4; 050C 4$'L" -"49"/ "*"=A"*"= *$*$'234"5 4$<"-" <$'"5M"5#"5( !$'"5M"5#"5 <32"

*$;=0 *$5#"5-35#0 Z <$'4"'" 0"0=3 G

•

L3' +'02'+'0 *'() >.2'4M 4I.4-I-/ 3'( +%3'5 3-Y'1'-<

•

L3' 7'4-2'5 9+.0=3: %(0%/ +.(Y'1'- +'02'+'0 0.&4.,%0<

•

L3' ,'5'( -'-0% 4%+,.& +'(%4-' *'() ,.&4-I'0 +'0.&-'2 '0'% +'/('7- ,')- +.2'/4'('/'(0%)'4 3'( 1.&'('( 0.&4.,%0<

•

L3' 1.+'(0'%'( 3'( 1.(-2'-'( *'() ,.&0.&%4'(<

T04" 050 -02"4;"5"4"5C -"49"/ "4"5 *$5S"/0'4"5 4$;"556" 4$<"-" >'#"50;";0 -"5 3*"=(

&"2"* *$'$5M"5"4"5 -"49"/C ;$=0"< >'#"50;";0 <$'23 *$*02040 -3" *"=2"*"= 0"0=3 *"=2"*"= ,$;"'

-"5 *"=2"*"= 4$M02( I"=2"*"= ,$;"' "-"2"/ *"=2"*"= 3="*" -0 "4/0' <$5#><$'";0"5 -"49"/C

;$-"5#4"5 *"=2"*"= 4$M02 "-"2"/ *"=2"*"= 6"5# =$'04"= -$5#"5 =$*<>/ =$'=$5=3C =$*<"= =$'=$5=3

4$<"-" 05-0?0-3 =$'=$5=3( 1$=0"< *"=2"*"= =$';$,3= ;"205# *$*,$'0 4$;"5 4$<"-" ;$=0"< 6"5# 2"05(

B$#"#"2"5 -"2"* *$5$5=34"5 *"=2"*"= -$5#"5 L$2";C ;D$;0D04 "4"5 *$*,"9" 4$#"#"2"5 -"2"* "*"2

-"49"/(

T04" ;$40'"56" *"=2"*"= -"49"/ =0-"4 =$'M"<"0 -"5 /";02 -"49"/ *050*"C *"4" <"'" -3@"= <$'232"/

*$'$D2$4;0 ;$*32" "<"4"/ =3L3"5 -0" ,$'-"49"/ -"5 4$5"<" "43 ,$'-"49"/d(

I35#405 -"0$ 6"5# <$'="*" *$556"="4"5G g "43 ,$'-"49"/ 35=34 *$*,$';0/4"5 L09" *"53;0"i

;$;3"0 -$5#"5D0'*"5 "22"/ -0 -"2"* ;3'"/ +;A16"* ]S#6 #I-#.#(#$ M#,,#.# F# J#6 ,.!/# (#$

6#11#.#44D ( H5=34 *$5M"<"0 =3L3"5 =$';$,3=C -043*<324"5 *"53;0" 6"5# ,$'*05"=C -02"4;"5"4"5

;"=3 <$'"=3'"5 6"5# *$5#"5-35#0 "'"/"5A"'"/"5 ,$',$5=34 "*"20C *$2"4;"5"4"5 "3'"- -"5 S040'A

S040' =$'=$5=3 ,"#0 *$5M"<"0 =3L3"5 =$';$,3=(

I35#405 -"0$ 6"5# 4$-3" <32" ,$'4"=" G I"=2"*"= -"49"/ ;"6" 0"2"/ *$*,"5=3 D"40' *0;405 -"5,$'2"43 $/;"5 =$'/"-"< *$'$4"( b"23 -0" <35 *$5#"L"4 >'"5#A>'"5# 6"5# ,"04 *$2"43"4"5 0/;"5C



;F # ! " # $

*$*,$'04"5 ;$-$4"/ -"5 *$5#$23"'4"5 S"4"= "="3 *$5-0'04"5 <$'=3,3/"5 4$,"L04"5 ;$,"#"0

;$,"04A,"04 M"'" 35=34 *$5M"<"0 *"=2"*"= 050(

I35#405 -"@0$ 6"5# 4$=0#" <32" ,$'4"=" G g=3L3"5 -"49"/ ;"6" 0"2"/ *$56$2$;"04"5 <$'*";"2"/"5

02*0"/ 6"5# *$5L"-0 =0=04 <$';$20;0/"5 -"5 *$5#3*<324"5 /"-0;A/"-0; 6"5# ;>/0/((i( T"-0 35=34

*$5M"<"0 =3L3"5 =$';$,3=C -0" *$5#"-"4"5 /"2"F"/A/"2"F"/ 02*3C *$5-0'04"5 ;$4>2"/A;$4>2"/ -"505;=0=3;0 4/3;3; ;$'=" *$5$',0=4"5 ,343A,343(

I"5"4"2" -"0$ 6"5# 4$$*<"= <32" ,$'4"=" G ge3L3"5 -"49"/ ;"6" 0"2"/ *$*";=04"5 3*"= E;2"*

*$*02040 4$;$-"'"5 <>20=04 6"5# =05##0C ="/3 <$'"5M"5#"5 ;='"=$#04 *3;3/C "<"4"/ M"'"AM"'" *$'$4"

-"5 ;$,"#"056"((i( +="; -";"' 0=3C -"0$ ="-0 ,$'3;"/" *$5-0'04"5 <3;"=A<3;"= 4"L0"5 ;='"=$#04 -"5

<>20;0C *$5$20=0 "<" 6"5# -0;$,3= >2$/ *3;3/ -"5 <"5-"5#"5 *$'$4" =$'/"-"< E;2"*(

I$20/"= 4$<"-" *"=2"*"= "="3 =3L3"5 -"49"/ ="-0C 40=" -"<"=0 <"'" -3@"= ="-0 =0-"4 *$2$="44"5 ;"=3

*"=2"*"= 6"5# ,$;"' 4$<"-" <$5M"<"0"5 -"49"/( I"=2"*"=A*"=2"*"= ="-0 2$,0/ *$53*<34"5

4$<"-" *"=2"*"= 4$M02 6"5# *$'3<"4"5 "5="'" ,"=3 <$5#/"2"5# -0 -"2"* "*"2 0;2"*0 -"5 ;$,",

3="*" <$'*";"2"/"5 3*"= E;2"*(

1$<"=3=56" -"2"* #$'"4 4$'L" -"49"/C <"'" -"@0$ ,$'<$#"5# 4$<"-" <'05;0< ,$'043= G

•

b'02'+'0 *'() ,.4'& 3- 3'5%2%/'( 3'&- +'02'+'0 *'() /.Y-2

•

b'02'+'0 *'() +.(*.2%&%5 5.(3'/2'5 3-%0'+'/'( 3'&- +'02'+'0 *'() ,.&4-I'0 >%?N-.<

•

b'02'+'0 *'() +.&'()/%+- 4.+%' 2'1-4'( +'4*'&'/'0 3-3'5%2%/'( 3'&- +'02'+'0 *'()

5'(*' +.&'()/%+- -(3-X-3% '0'% /.2=+1=/ 0.&0.(0%<

• b'02'+'0 *'() ,.&0.&%4'( 3-3'5%2%/'( 3'&- +'02'+'0 *'() ,.&4-I'0 4.+.(0'&' 3'( 0.&5'3<

•

b'02'+'0 *'() 3'1'0 3-Y'1'- 3-3'5%2%/'( 3'&- +'02'+'0 *'() 0-3'/ +%()/-( 3-Y'1'-<

•

b'02'+'0 *'() 1'2-() 0.&'0'4 3-3'5%2%/'( 3'&- +'02'+'0 *'() 1'2-() ,'7'5<

E502"/ 6"5# -0$'=04"5 ,"/"9" *"=2"*"= -"49"/ 6"5# ,$;"' 7"2A/"-"D "2A"4,"': 0"2"/ +.&%1'/'(

+'02'+'0 *'() +.(*.2%&%5M 1'2-() '0'4M 3'1'0 3-Y'1'-M ,.&0.&%4'( 3'( +.2-1%0- 4.+%' 2'1-4'(

+'4*'&'/'0<

b'02'+'0 1'2-() ,.4'&

I"=2"*"= -"49"/ 6"5# <"205# ,$;"' -"5# "#35# 0"2"/ *$'"0/ 4$'$-/""5 "22"/ -"5 *$2"4;"5"4"5

3,3-06"/ 2022"/0 9"/-"/ 7<$5#",-0"5 -0'0 4$<"-" "22"/: ;$M"'" =>="2( E50 ;$2"'"; -$5#"5 *"=2"*"=

<$5M0<=""5 *"53;0" -0 -"2"* D0'*"5 "22"/ G TF#(## ,.!-#J3*- +0$$# F#- 0$1# 0--# -0'#:/*6**44@

7 =0-"4 "43 L"-04"5 L05 -"5 *"53;0" *$2"054"5 35=34 *$5#",-04"5 -0'0 4$<"-"43 P +SS"'06"= G [Y:

I"=2"*"= 6"5# "#35# 0502"/ *$5->'>5# <"'" ;"/","= '("C #$5$'";0 =$'-"/323 *$'$5="; ,3*0 ;"/"'"C

#3" -"5 #3535# #"5"5# -$*0 *$*,"9" ;"=3 *0;0 "#35# ;$,"#"0*"5" 6"5# -035#4"<4"5 >2$/ .3,@0

,( ]+*0' -0/"-"<"5 <$*0*<05 !"';0G

P $'+- 3'0'() %(0%/ +.().2%'&/'( +'(%4-' 3'&- 1.&5'+,''( 4.4'+. +'(%4-' /.1'3'

1.&5'+,''( /.1'3' '22'5M 3'&- 1.(-(3'4'( ')'+'E')'+' /.1'3' /.'3-2'( 842'+ 3'( 3'&-

/.4.+1-0'( 3%(-' /.1'3' /.2%'4'( 3%(-' 3'( '/5-&'0<<R

R$'-";"'4"5 4$<"-" *"=2"*"= ="-0C C*"4" *"=2"*"= 3="*" -"5 ,$;"' ,"#0 05-0?0-3 *3;20* "="3

L"*""/ E;2"* "="3 5$#"'" E;2"* 0"2"/ *$5M"<"0 H,3-06"/ b022"/ 74$=35-34"5 4$<"-" +22"/:(I"=2"*"=

6"5# ,$;"' 050 *$*";=04"5 ;$23'3/ *"53;0"C *";6"'"4"=C 5$#"'" 4$*,"20 *$5L"-04"5 +22"/ ;$,"#"0



;O # ! " # $

6"5# ,$'/"4 -0;$*,"/C 6"5# ,$'/"4 -0=""=0C 6"5# ,$'/"4 -0,$'04"5 4$M05=""5C 6"5# ,$'/"4

*$5##3,"2 35-"5#A35-"5#C 6"5# ,$'/"4 *$5#3'3; -"5 *$5="-,0' "2"* 050(

['/0=& ^'4-2'5 9 b.0=3: 3'( b'4'

R"#0 *$5M"<"0 *"=2"*"= 6"5# ,$;"' 050C 0" *$*$'234"5 4$<"-" 9";02"/( W";02"/ <32" "-" 6"5#,$';0D"= ;$M"'" 2"5#;35# "="3 =0-"4 ;$M"'" 2"5#;35#( T04" ;$40'"56" 0,"-"/ -"<"= -0M"<"0 -$5#"5

"-"56" ;$>'"5# /"*," 6"5# 43"= -"'0 ;$#0 "4"2C'3/ -"5 L";"-C *"4" ,"56"4 M"'" 35=34 *$5M"<"0

<$'4"'" =$';$,3= ;$<$'=0 *$5L"#" 4$;0/"="5C 4/3;634 -"2"* ,$'0,"-"/C *$*0240 <$5#$="/3"5 -"5

;$,"#"056"( 1$*3" 050 "-"2"/ 9";02"/ 35=34 *$5M"<"0 =3L3"5 0,"-"/ =$';$,3=(

&"2"* 4$'"5#4" *$5M"<"0 *"=2"*"= -"49"/ 0" *$*$'234"5 4$<"-" 9";02"/ -"5 3;23, 6"5# ;$;3"0

-"5 $D$4=0D( R)$%%*$#,#$ F#10-#. 6#$ *1-*/ 3)"/#0, "-"2"/ D"4=>' 4$,$'4$;"5"5 -"49"/( +5="'"

3;23, -"2"* ,$'-"49"/ ;$<$'=0 3;23, 2$*,3=A4$'";C 3;23, ="'#/0, -"5 ="'/0, 7->'>5#"5A"5M"*"5:C

3;23, *$'"*"0A ;$-040=C 3;23, ;0'AL"/' 7'"/;0"A =$',34":C 3;23, D"'-0 P L"*"0$ 705-0?0-3 P L"*""/:C

3;235 ="'04/0A 9";D0 7;$L"'"/ P #"*,"'"5 ;0D"=:C 3;23, *$'"5;"5# *05-" P '"5#;"5# $*>;0C 3;23,

*$*,$'0 -$'0=" A *$*,$'0 /"'"<"5C 3;23, *$5#"*,02 P *$*,$'0(

H5=34 *$*,3"= <$'"5M"5#"5 <32" <$'23 4$<"-" *"423*"=( I"423*"= =$';$,3= *$;=02"/ 2$5#4"<

-"5 =$'<$'05M0( 1$=0"< -"0$ <$'232"/ *$*<356"0 *"423*"= -"5 05D>'*";0 ,$'4"0="5 '$"20=0 "="3

;3";"5" 205#435#"5 -"49"/56"C "-" 05D>'*";0 ,$'4"0="5 <>20=04C $4>5>*0C ;>;0"2C "20'"5 <$*040'"5C

D"/"* -"5 ="/3 =0=04 4$43"="5 -"5 4$2$*"/"5 L3#" ="/3 /"2"5#"5A/"2"5#"5 -"5 D"4=>' <$5->'>5#

4$,$'/";02"5 -"49"/56"( E50 "4"5 *$*3-"/4"556" *$*,3"= <2"5 -"49"/ -"5 *$5M"<"0 >,L$4=0D

-"49"/( E502"/ 6"5# -0;$,3= ;$,"#"0 -"49"/ ]"2" ,";0'>/ n J*- .#M0.0 1#/0-0@ #6:** T#-# /#10"!30$ No

1"2"/ ;"=3 D"4=>' 2"05 35=34 *$5L"6"4"5 <$'"5M"5#"5 -"49"/ 0"2"/ *$5#"*,0'" I#,3!" (#1#( 1$=0"<

<$'"5M"5#"5 <$'23 *$20/"= 4$<"-" 4$3<"6""5 *$'$"20;";04"556" ,$'-";"'4"5 =0*$205$ 7#"'0; *";":(

R"#0 *$5M"<"0 *"=2"*"= =$';$,3=C <$'"5M"5#"5 =$';$,3= <$'232"/ "-" <$'"5M"5#"5 ,$';0D"=*05##3"5C ,32"5"5C ="/35"5C <$5##"2 ;$/05##"2"/ -"<"= *$*$53/0 *"=2"*"= 6"5# ,$;"'(

1$=0"< <$'"5M"5#"5 2)"-* 60$0-#0@ 602#$3#*@ 60/)"0 2)$#(/#./#0,#$ "#"' >,L$4=0D -"5 *"=2"*"=

-"49"/ =$'M"<"0( I$2"230 <'>;$; <$502"0"5 -"5 *3'"L"@"/ 0" *$*,"5=3 <"'" -"@0$ *$5#$="/30 "<"

6"5# -"<"0 -0M"<"0 "="3 =0-"4" -"<"= -0M"<"0C "<" 6"5# *3-"/ -"5 ;3;"/C *"5" *"=2"*"= 6"5# <$'23

-0-"/3234"5 -"5 6"5# -04$*3-0"54"5 ;$'=" *$5-$-"/4"5 43"20=0 "="3 =0-"4 ,$'43"20=0 3;23, 6"5#

-0#35"4"5(

b"5#4"/ =$',"04 ,"#0 *$5M"<"0 <$'4"'" =$';$,3= 0"2"/ -$5#"5 R*3#/#:#. 7D>22>9A3<:( V',"(R"()"(

4"() *'3"# "."( )")"1 Q/." #/2". "2" -$#"3"6"* =&'-"(#"$"(B -"("."1" &',"(R"()"( 4"() 1'-"*

&$1" 3+1'* Q"2/ 3',Q"4" Q/." "2" -$#"3"6"* 4"() 3',#',$!"((

R"#0 *$5L"6"4"5 <$'"5M"5#"5 -"49"/ 050C ;$=0"< -3@"= <$'23 *$5#"*,02 *"5D""= -"'0 02*3A02*3

=$'4050 -"5 4>5=$*<>'"'0( !"'" -3@"= /"'0 050 <$'23 *$*02040 /"'-;4022 -"5 ;>D=;4022 35=34 *$5#3";"0

#$2"5##"5# -"5 "'$5" -"49"/ -0 ;"*<05# *$56$'"/4"5 ;$#"2" 3'3;"5 4$<"-" "22"/ ;$=$2"/

*$2"4;"5"4"5 ;$*3" ";<$4A";<$4 ="-0 -"'0 ;$#0 <$'"5M"5#"5C ;='"=$#0C *$5#"*,02 9";02"/ 6"5#

=$',"04 -"5 ;$;3"0C <$502"0"5 -"5 <$*"5="3"5(

!"'" -3@"= /"'0 050 <$'23 *$2$5#4"<4"5 -0'0 *$'$4" -$5#"5 <$2,"#"0 02*3 -"5 4$*"/0'"5 ;$<$'=0 02*3

<$5#3'3;"5C 02*3 4>*3504";0C 4$*"/0'"5 ,$',"/";"C 4$*"/0'"5 ,$'$=>'04C 4$*"/0'"5 <$5#3M"<"5

"9"*C 4$*"/0'"5 <$'35-05#"5C 4$*"/0'"5 <$';>5"2 -"5 05='"<$';>5"2 -"5 "<" ;"/"L" 6"5#

-0<$'234"5 >2$/ ;$>'"5# -"@0$ ,"#0 *$5L"6"4"5 4/0=="/ -"49"/56"(



;T # ! " # $

L#0) '#$% .)/#3 #6#-#. 6#0) '#$% 2"!#,30I@ /)"2"0$102 6#$ (#(2* /)"#,10 6#-#( 1)(*# 103*#10

3)"*3#(# F#,3*5F#,3* 1*-03 6#$ 1*,#" ( &0" *"*<3 *$5#/"'35#0 <$'L"2"5"5 -"49"/ 4$=04"

,$'-$<"5 35=34 *$56"="4"5 <$5-0'0"5 6"5# ,$#0=3 ;34"'C 5"*35 -0" -"<"= *$5#"=";056"

-0;$,","4"5 -0" ;3-"/ *$*02040 <$';$-0"5C"-" =";"993' 6"5# L$2"; -"5 ="/3 <$56$2$;"0"556"(

$'.3'5 !; K'/7'5 +.&%1'/'( 4'0% 0'4'77%& ,.4'& d-5'3 3'&- 4.)- +'02'+'0

3'( /.4'(

B$'L" -"49"/ ,34"52"/ *3-"/ ;$,"#"0*"5" 6"5# -0;"5#4" '"*"0 >'"5#( E" "-"2"/ 4$'L" 6"5# <"6"/

-"5 ;34"'C L"2"556" <"5L"5# -"5 *$*$'234"5 <"'" 4"-$' 6"5# =05##0 4$;","'"5 -"5 <$5#>',"5"5(

&"49"/ ,34"5 ;$4"-"' 35#4"<"5 <$'4"=""5 -$5#"5 *"4;3- *$56"*<"04"5 "2";"5 "="3

*$5$#"44"5 /3L"/ -"5 -0<$'4"="4"5 <"-" *"5"A*"5" =$*<"=C <"-" ;$=0"< 4$=04" "="3 <"-" ;$=0"<

>'"5# -"2"* "<" L3" 4$"-""5 ="5<" -"<"= *$*,$S"4"5 ;0 D32"5 -"5 ;0 D32"5 0"0=3 >'"5# 6"5# ;$-0/

"="3 6"5# #$*,0'"C 6"5# ;"40=C 6"5# ;0,34 -"5 2"05A2"05 2"#0 4"'$4=>'( 1$>2"/A>2"/ *"=2"*"= -"'0

-"49"/ 050 0"2"/ *$2>5="'4"5 ,$,"5 4$;34"'"5 -"5 *$5"5"* ,$50/ /";02 *"5"4"2" 6"5#

*$*,$'04"5 ="3D04 7<$=35L34: 0=3 -0 ="5#"5 "22"/(

1$4"20<35 '3<",$5=34 -"49"/ ;$,$#0=3C ;34"' -"5 <"6"/C *$5"5"* /";02 <"-" 4$*3-0"5 /"'0 "=";

<$=35L34 -"5 /0-"6"/ -"'0 "22"/C 5"*35 /"404"= -"49"/ 0=3 ;$5-0'0 ,$'-0'0 -0 "="; R";0'>/ 7!"#$%:(

&"49"/ 6"5# -0;"*<"04"5 ;$M"'" ;$*,$'>5>C ="5<" *$20/"= 4$<"-" 4$;$;3"0"5 *";" -"5 =$*<"=

;$'=" 43*<32"5 ;";"'"5 7*"-@3: "-"2"/ -"49"/ 6"5# =0-"4 R";0'>/(

1$>'"5# &"@0$ -0=35=3= *$2"4;"5"4"5 -"49"/ ;$M"'" R";0'>/ ,$'-";"'4"5 D0'*"5 "22"/ -0 -"2"*

;3'"/ V3;>D "6"= U_^ 6"5# ,$'*"4;3- G

g B"="4"52"/ 9"/"0 I3/"**"- h E502"/ L"2"543 6"5# 23'3;C "43 -"5 <"'" <$5#043=43 *$5#"L"4 4$

L"2"5 +22"/ "="; R";0'>/ 7 *"5/"L 6"5# L$2"; -"5 =$'"5#:i

8+'+ L&Ee'?- -0 -"2"* ="D;0'56" 7e"D;0' +'A."S0: *$5L$2";4"5 ,'5'7' 4.&%'( 3'/7'5 /. >'2'( '22'5

'/'( +.(>'3- 2.,-5 .2=/ 3'( ,'-/ 3'( 5'&%4 3.()'( 4*'&'0 -(- -'-0% 3-2'/4'('/'( 3.()'( Z'4-&=5

0.&5'3'1 '1' *'() 3-1.&/'0'/'(M -'-0% 3- '0'4 1.0%(>%/ 3'( /.*'/-('(<

R";0'>/ 050 ="*<"4 L$2"; -"2"* <$2,"#"0 ";<$4 -"5 -0*$5;0 ;$<$'=0 ";<$4 <$'02"43 7;3234:C M"'"

,$'=05-"4 -"5 ,$'05=$'"4;0 -"5 ,$';$50 *$*020/ *"-@3( &"49"/ "4"5 *3-"/ -0;"*<"04"5 L04"

-0*32"4"5 -$5#"5 <05=3 =""'3D -"5 *$*"/"*0 4>5-0;0 <"'" *"-@3 6"5# <$2,"#"0 2"="' ,$2"4"5#

;$<$'=0 ";<$4 ;>;0"2C $4>5>*0C <$*040'"5 -"5 4$L09""5 *$'$4"(

E*"* )";"5 "2AR"5" *$5#35#4"<4"5 -$5#"5 4"="A4"="56" G g 6#,F#3*$# .*//*$ F# /0.# $#I3#.*-

J*-*/44i n H"(2"!"( 2".P"* ./#" "2"1"* R/(#" 2"( 2'()"((4" ./#" -'-3$." &/(#$ *"#/ -"($!/" ((o(

I"5"4"2" -"2"* 9";0"= U_C ,$20"3 *$56$,3= G g <#*6#"#,*@ /)",)$#-#$-#. 6)$%#$ 1)10#2# 1#+#

'#$% ,#(* 3)(*0@ 0$0 ,)"#$# #1#1 6#,F#. ,03# #6#-#. 3##:"*I 7/)",)$#-5,)$#-#$:i(

b"5="'"5 0=3 ,$'="@"*32 -$5#"5 05;"5 6"5# =0-"4 -04$5"20 ;34"' -"5 ;320= ,$',"5-05# L04" ,$'="@"*32

-$5#"5 05;"5 6"5# -04$5"20( !'>;$; 05=$'"4;0 "4"5 *$5L"-0 *3-"/ -"5 *$*,$'04"5 4$;"5 6"5#

*$5-"2"* L04" 40=" ,$'05=$'"4;0 -$5#"5 05-0?0-3 6"5# -04$5"20( T3;=$'3 <'>;$; ="@"'3D "-"2"/ <$5=05#

-"5 <$*,34" <05=3 -"49"/( B"$-"/ 6"5# -0=05##"24"5 ,3"= <"'" -3@"= G g L0EH''&-I \=,2' H'/2-I i

nI$*<$'4$5"24"5 -"49"/ 7*$2"230 <'>;$; =""'3D: -"/323 ;$,$23* *$*,$'04"5 ,$,"5 =3#"; o(

H5=34 ,$'=""'3D <32" <$'23 4$<"-" ="@20D 7*$5L05"44"5 /"=0: ;$,"#"0*"5" 4"$-"/ *$56"="4"5 g L0E

H''2-I \=,2' H'N&-I i 7*$5L05"44"5 /"=0 ;$,$23* *$5#$5"24"5 -"49"/:(



;U # ! " # $

+5="'" 2"5#4"/ 6"5# <$'23 -02"434"5 >2$/ <"'" -"@0$ -0 -"2"* <'>;$; ="@"'3D 050 0"2"/ j

• R)$%)3#.*0 $#(# <"'" *"-@3 7;";"'"5 -"49"/:C #$2"'"5 -"5 5"*" <"5##02"556"(

• I$*"5##02 5"*" *"-@356" -$5#"5 2#$%%0-#$ '#$% 2#-0$% 601*,#0 (

•

U#*. 6#"0 ()$%%*$#,#$ %)-#"#$ "="3 <"5##02"5 6"5# 43'"5# -0#$*"'0 "="3 =0-"4 -0;34"0(

•

R)$?#3#3 $#(#5$#(# (#6:* =$';$,3= -0 -"2"* 5>=" M"="="5 -"5 ,$';35##3/A;35##3/*$5#05#"=056"(

• +<",02" ,$'L3*<" -$5#"5 *"-@3 ="-0C 2#$%%0--#. 6)$%#$ 2#$%%0-#$ '#$% 2#-0$% 601*,#0 (E50

4$'"5" "4"5 *$5"*,"/4"5 '";" <$5#/>'*"="5 -"5 <'0/"=05 *"-@3 4$<"-" -"@0$ ="-0 "=";

05#"="5 <"-" 5"*"56" ="-0(

•

R)$%)$#-0 #2# '#$% 601*,#0 6#$ 60/)$?0 !-). (#6:*( E50 "4"5 *$5L"-04"5 <"'" -"@0$

;$>'"5# 6"5# D"/"* -"5 *$5#$'=0 ,"/";" *"-@3(

• <)$30#1# /)"1#(# -$5#"5 *"-@3 -0 9"4=3 ;$5"5# -"5 ;3;"/( 7 D0 "D'"/ 9"2 "='"/:(

• R)$%#(/0- /)"#3 -"5 <'0/"=05 -$5#"5 4>5-0;0 *"-@3(

• 1$5=0";" *$$M0#"#.0 C /)"+#/#3 1#-#(C ()(/)"0,#$ .#60#. 6#$ 1)$'*( 4$<"-" *"-@3(

1$$'"/ =$2"/ *$535L344"5 ,"#"0*"5" .";32322"/ 1+W "*"= *$5#$5"20 ;";"'"5 "="3 >,L$4-"49"/56"( .";32322"/ 1+W "*"= *$*"/"*0 -"5 *$5#$="/30 ,"/"9" +,3 13D6"5 ;34" 4$<"-"

4$,"5##""5 -"5 4$-3-34"5C 2"5="; ,"#05-" ,$';",-" G n !" #$% &'% '() !'*+, %-+ !". o

g ,"'"5#;0"<" 6"5# *";34 4$ '3*"/ +,3 13f6"5 C *"4" -0" ;$2"*"=i( e05-"4"5 050 *$*,"9" +,3

;3D6"5 *$*$234 E;2"*(

&"0@$ 6"5# M$*$'2"5# "-"2"/ -"0$ 6"5# *$*"/"*0 -"5 *$5#$5"20 4$"-""5 *"53;0" -"5 '$"20=0

*$'$4" -"5 =0-"4 /02"5# -"'0 4$<'0/"=05"556" =$'/"-"< *$'$4" 6"5# ,$'4"0="5 =$5="5# <$*040'"5C

L09" -"5 ;>;0> ,3-"6" *$'$4"( &0" ="/3 ,02"4"/ *"-@356" ;0,34C ,02" -0" 4>;>5#C ,02" -0" ;3;"/C ,02"

-0" ;$5"5# -"5 ;$,"#"056"( &$5#"5 <'>;$; *3@"6";/"/ 7,$'#"32: -"5 "4=0?0=0 ;>;0"2 ,$';"*"

*"-@356"C ;"5# &"@0$ ="-0 =0-"4 "4"5 *$5;0"A;0"4"5 *";" =$';$,3= 35=34 ,$'=""'3D -$5#"5

*"-@356" -$5#"5 2$,0/ *$5-"2"* ="5<" *$5##"5##3 <$'/"=0"5 *$'$4"(

I$2"230 M"'" 050C ;"5# &"@0$ ="-0 "4"5 *$5#$="/30 -$5#"5 2$,0/ -$4"= 4$<$'23"5 *"-@3C( T04" *"-@3

="-0 *$5#/"-"<0 4>5-0;0 6"5# *$*$'234"5 9"5#C -0" ;$#$'" *$*,"5=356"C L04" *"-@356" ;"40=C -0"

;$#$'" *$5#/"5="'56" ,$'L3*<" ->4=>'( T04" *"-@3 ="-0 ,$'#"-3/ "="3 ,$';$20;0/ D"/"* -$5#"5

4$23"'#"C L0'"5 "="3 0;=$'056"C -0" *$5-"*"04"5 "5="'" 4$-3"56"( T04" -0" *$5#$="/30 *"-@356"

-0","04"5 /"4 ;$,"#"0 <$4$'L"C -0" "4"5 *$*,"5=3 *$56$2$;"04"556" -$5#"5 *$5M"'04" 4$'L" "="3

*$535=3= 4$"-02"5 #3"*"5( T04" *"-@356" *$*$'234"5 5";0/"= -"5 ,0*,05#"5 -0 -"2"* 3'3;"5

"#"*" "="3 -350"C -0" /"-0' -"5 ="*<02 *$*,$'04"5 5";0/"= -$5#"5 M"'" 6"5# =$',"04C L04"

*"-@356" *$5#/"-"<0 ;$,"'"5# 4$;320="5 -"5 4$2$*"/"5C *"4" ;"5# -"@0$ ="-0 ;$#$'"

*$5#/02"5#4"5 4$;320="5 =$';$,3= -"5 *$2$<";4"556" -"'0 4$;320="5( 1$*3" 050 "-"2"/ =3#"; 6"5#

<$'23 -02"4;"5"4"5 ;$,"#"0 ;$>'"5# &"0$( &"0$ 0=3 ;3*,$' ;$#"2"A#"2"56"C -0" "-"2"/ F3-9"/C <3;"='3L34"5 -"5 4$<'0/"=05"5C ;$*3"56" ,$'2$#"' -0 -"2"* 3'3;"5 /0-3<56" -"5 *$5L"-0 =3*3/"=56"

7>,;$;: ;$,"#"0 ;$>'"5# -"0@6"/(

e"*<0256" 1"5# &"@0$ ="-0 -0*"L20;A*"L20; 4$'"0"5C 9"4=3 #$*,0'" -"5 ;$-0/ <"'" *"-@356" "4"5

*$*,34" *$-"5 -"49"/ 35=3456" ,$'/3,35# -$5#"5 *"53;0" -"5 *$5"'04 M05=" *$'$4"( 104"<

"*,02 ,$'"= -"5 "*,02 <$-320 <"'" -"@0$ =$'/"-"< *"-@356" "4"5 *$*,$' 4$;"5 4$L"6""5

-"49"/56"( &"@0$ 6"5# *$*02040 ,";0'>/ =0-"4 ;3560 35=34 *$5?"'0";04"5 =$4504 -"49"/56" -"5

*$5##35"4"5 <$2,"#"0 4"$-"/ -"5 *$=>- 35=34 *$5"9"5 L09" *"53;0" -"5 *$'"*"0 ;$'="

*$2$,"'4"5 <$5->4>5# -"49"/(

&"0$ ;$,"#"0*"5" 6"5# -035#4"<4"5 >2$/ 16$04/ l2AR"/0 l2AB/"320 -0 -"2"* 40=",56" g N#M,0"!3*6 =65L*:#3 i 0"2"/ g<<1)!"#$% 2)$6#,F#$ 7 6#:0)8 #6#-#. 6!,3!" (#1'#"#,#3 '#$% ()"#F#3 2)$'#,03



;] # ! " # $

(#$*10#@ ()$%01-#. ")#-030 (#1'#"#,#3 '#$% "!1#,@ 60# #6#-#. 2)$%,"030, '#$% 3#+#(

7 /)"6#1"#,#$ .*+#. 6#$ #1#1 0-(*8@ 60# ()F#,#I,#$ ,).06*2#$$'# *$3*, ()-#,1#$#,#$ ,)"+#

C1-#. 72)(/#0,#$8 1)/#%#0(#$# '#$% 60,).)$6#,0 #--#.4460# #6#-#. 3)(#$ 6#$ "#,#$@ 1#*6#"#

*$3*, 10 ,#'# 6#$ 10 I#,0"@ 10 3*# 6#$ 10 ,)?0-44

V)$6#,F#. 03* #6#-#. J#06 72)(0(20$8 6#-#( 1*#1#$# -0$%,*$%#$$'# @ #.-0 2!-030, 6#-#( 2)"1),03#"#$$'# 6#$ ,)3*# 72)$)"#+*8 *$3*, I0,"!.$'# 6#$ !"#$% '#$% ()$%0,*30$'#PD4

T3;=$'3 0=3 ,$'=""'3D -"5 *$5#$5"20 *"-@3 "-"2"/ ";"; 3="*" 35=34 *$5"9"5 /"=0 -"5 *$*,34"

<05=3A<05=3 *"53;0" 35=34 *$5$'0*" ;$'3"5 -"49"/( 1$=0"< -"@0$ <$'232"/ ,$2"L"' ;$50 *$5"9"5

/"=0 *"53;0" -"5 ,$'05=$'"4;0 -$5#"5 <$2,"#"0 2"<0;"5 *"-@3( &$5#"5 050 -"49"/ "4"5 2$,0/ $D$4=0D

-"5 *'$5M"<"0 *"=2"*"=56"(

$'.3'5 !A K'/7'5 '3'2'5 1.&(-')''( +%2-' M0-3'/ ,=2.5 3->%'2 3.()'(

5',%'( 3%(-'M 5',%'( 3%(-' +.&=4'//'( +'&%'5 4'() K'-N. <

1$>'"5# <$5-"49"/ 0=3 *$2"4;"5"4"5 =3#"; -"5 ="5##35#L"9", *$5#043= <$'05="/ +22"/ e""2"(

e3#"; -"49"/ 050 2$,0/ *320" -"5 "*"= <"6"/ L04" -0,"5-05#4"5 -$5#"5 L"9"="5 2"05 -0 -350"( e0"-"

;"=3 L"9"="5<35 "="; *34" ,3*0 050 6"5# =$'<0432 ;$#"2" ,$,"5"5 -"5 4$;3;"/"5 *$2"054"5 -"49"/(

&"49"/ 0=3 ,34"5 ;"/"L" *$535=3= <$5#>',"5"5 L09" -"5 /"'="C ,"/4"5 =$'<"4;" ,$'L"3/"5 -$5#"5

4$23"'#" -"5 5$#"'"( E" =0-"4 *"*<3 -0,"2"; -$5#"5 -350"(

!"'" "5,06"@ ,$'<$#"5# =$#3/ -$5#"5 <'05;0< 050 ;$<$'=0*"5" 4"=" *$'$4" -"2"* 13'"/ "2A+5"r"*G

+6"= a_(

I"4;3-56"G +43 =0-"4 *$*05=" 0*,"2"5 4$<"-"*3 -"2"* *$56"*<"04"5 7"2A83'"5:(

.";32322"/ ;("(9 -0<$'05="/4"5 ;3<"6" ,$'02=0S"* -$5#"5 *"5/"L 050( B$=04" <$5-3-34 I$4"/

*$5>2"4 -"49"/ O",0 ;("(9C =3'35 "6"= ,$'="56"4"5 ;$,", <$5>2"4"5 *$'$4" ;$<$'=0*"5" D0'*"5

+22"/ -"2"* 13'"/ "2Ae3'G +6"= Z_ 6"5# ,$'*"4;3- G

I"4;3-56"G +="34"/ $5#4"3 7I3/"**"-: *$*05=" 0*,"2"5 4$<"-" *$'$4" ;$/05##" *$'$4"

-0,$,"50 /3="5#d

B$="/302"/ ,"/"9" ;$;$>'"5# 6"5# *$5M"'0 /",3"5 -350" =0-"4 "4"5 *$2"434"5 ;$;3"=3 <$'4"'"

*$2"054"5 35=34 *$*<$'>2$/ #"5L"'"5 -"5 /",3"5 -350"( &$*040"52"/ 40;"/ =34"5# ;0/0' -$5#"5

O",0 I3;" -0 *"5" L$2"; =$',34=0 4$=04" *"5" *$'$4" ,$'4"=" 4$<"-" f0'"35 -0 -"2"* 13'"/ "2A

13r"'"@G +6"= ZJ G

I"4;3-56"G g+<"4"/ 4"*0 ,$5"'A,$5"' "4"5 *$5-"<"= 0*,"2"5 6"5# ,$;"' L04" 4"*0 *$5"5#di

B$*3-0"5 f0'"35 *$*,$5"'4"5 *$'$4" -$5#"5 4"="56" G

I"4;3-56"G gV"C -"5 ,"/4"5 4"*3 <";=0 "4"5 *$5-"<"= 4$-3-34"5 6"5# -$4"= 74$<"-"43:i(



A_ # ! " # $

1$=$2"/ 0*"5 =$'<"/"= -"2"* L09" -"5 ;"53,"'0 *$'$4"C *$'$4" =0-"4 *$505##"24"5 35=34

*$5-"<"=4"5 #"5L"'"5 ,"/4"5 4"=" *$'$4" 4$<"-"56" G

I"4;3-56"G I"4" <3=3;4"52"/ 6"5# /$5-"4 $5#4"3 <3=3;4"5( 1$;35##3/56" $5#4"3 /"56" -"<"=

*$*3=3;4"5 <"-" 4$/0-3<"5 -0 -350" 050( 713'"/ e>/" G "6"= `J:

Z.(0%/E,.(0%/ 5',%'( '0'% )'(>'&'( *'() 1.&2% 3->'%5- =2.5 3'-f.<

)",3"5 "="3 #"5L"'"5 050 ,34"5 ;$*"="A*"=" ,$'40;"' ,$'4"0="5 /"'=" ,"/4"5 0" *$'"5#43*0 ;$=0"<

*"5"D""= 6"5# -0=$'0*" /";02 -"'0<"-" -"49"/( 1"63#0" ;$>'"5# <$5-"49"/ =0-"4 =$'5"5=0A5"5=0

"="3 *$5#/"'"<4"5 3M"<"5 <$5#/"'#""5 "="3 =$'4$5"2(

H.&3'1'0 ,.,.&'1' I'.3'5 3'( 5%/%+ ,.&/'-0'( 0-3'/ +.(%(0%0 )'(>'&'( -(-G

S.&0'+'G 1$;$=$5#"/ *"53;0" ,$'"5##"<"5 ,"/"9" ;$;$>'"5# <$5-"49"/ 0=3 *$*"5# =$2"/

-0=$5=34"5 ,"/"9" -"49"/ 6"5# -0L"2"54"5 =$';$,3= *$5#/3,35#4"556" -$5#"5 '$S$40 -"5 /"'="(

R"'"5#4"20 ;$;$>'"5# <$5-"49"/ 0=3 ,$'=3L3"5 35=34 *$5#"20/4"5 <"5-"5#"5 *"53;0" ;3<"6"*$'$4" *$5-"<"= *"5D""= -"'0<"-" -"49"/ 6"5# -0;"*<"04"5 =$'3="*" ;$4"20 ;$,"/"#0"5 ,$;"'

<"'" -"0$ =$'-0'0 -"'0<"-" >'"5# 6"5# *0;405(

+22"/ e"r"2" ,$'D0'*"5 -"2"* 13'"/ )3-G +6"= Ja

I"4;3-56"G &"5 9"/"0 4"3*43h +43 =0-"4 *$*05=" /"'=" 4$<"-" 4"*3 7;$,"#"0 0*,"2"5: "=";

;$'3"543( E*,"2"543 /"56"2"/ -"'0 +22"/

E*"* "2A."S0 ,$'4"="G +6"= 050 *$5L$2";4"5 ,"/"9" ;$>2"/A>2"/ O",0 ;("(9 ,$'4"=" 4$<"-" *$'$4"G

g1$;35##3/56" L04" 4"*3 ;$*3" *$5#/"'"<4"5 ;$;3"=3 6"5# S"/0' -"5 <";=0 *"4" 4$="/302"/

,"/9" 4"*3 "4"5 *$5-"<"=043 *0;405C -"5 L04" 4"*3 *$56"5#4" 4$;0,34"543 *$56"*<"04"5-"49"/ 050 35=34 *$5-"<"=4"5 /"'="A/"'=" 4"*3 ;$4"20"5C *"4" 6"4052"/ ,"/"9" ;"5#4""5 4"*3

0=3 ;"2"/C ;$;35##3/56" "43 =0-"4 *$56"*<"04"5 '0;"2"/ 050 35=34 *$5-"<"=4"5 ;$,"'"5# #"5L"'"5(

$.3%'G B$M$5-$'35#"5 ,"5#;" -"2"* /"2 050 "4"5 *$5L"-04"5 *$'$4" ;$<$'=0 "/20 ;02"< *"=" -"5

-"LL"2 6"5# *$5#/3,35#4"5 "#"*" 35=34 *$5-"<"=4"5 -350" -"5 4$2"S"="556"( B$="/302"/ ,"/9"

-"49"/ 0=3 =32$5 -"5 ";20 6"5# =0-"4 *$535=3= <$5#"*"256" *$5#/"'"<4"5 "<" L3" #"5L"'"5 -350"

"="; "<" 6"5# -02"434"556"(

$.0-)'G 1$=0"< "*"2"5 6"5# -0-";"'0 -$5#"5 ;$;3"=3 #"5L"'"5 4"-"5#A4"-"5# *$5#35-"5#

4$43'"5#"5 -"5 4$M"M"="5( !$5#"*"256" "4"5 *$2"4;"5"4"556" *$5#043= L3*2"/ #"5L"'"5 6"5#

"4"5 -0<$'>2$/056" ;$-"5#4"5 "#"*" +22"/ 6"5# *320" 050 =0-"4 -0/3,35#4"5 -$5#"5 #"5L"'"5 -350"=$';$,3= =$="<0 0" *$;=0 ,$'=35L"5#4"5 4$04/2";"5(

$..+1'0G 1$;3"=3 "*"2"5 6"5# "-" #"5L"'"5 -350" ;$,$5"'56" =$'4$;"5 -$5#"5 <$*,$'0 #"5L"'"5(

B$05#05"5 35=34 *$*,$'04"5 "<" L3" #"5L"'"5 ,$';"5-"'4"5 "*"2 6"5# -04$'L"4"5( p2$/ 4$'"5" 0=3

'"*"0 -0 4"2"5#"5 *"53;0" "<",02" ,$'/"-"<"5 -$5#"5 =$4"5"5 35=34 *$5-"<"=4"5 /",3"5 -350"

;"5##3< *$5#3,"/ "="3 *$*05-" ;$*"="A*"=" 35=34 *$5#$L"'456" ;$-"5#4"5 <"'" 5",0 -"5 -"0$

6"5# ;>2$/ =$="< =$#3/ -"5 =/","= "="; <$=35L34 -"5 L"2"5 -"49"/ 6"5# =$="< ="5<" ,$'3,"/(

$.2-+'G 1$"5-"056" ;$;$>'"5# <$5-"49"/ 0=3 -04$5"20 >2$/ *";6"'"4"= ;$,"#"0 >'"5# 6"5# =0-"4

*$5#/"'"<4"5 #"5L"'"5 -350" *"4" 0"56" *$*,34=04"5 4$,$5"'"5 <$5-"49"/ -"5 *"*<3

*$5"'04 *"53;0" "="; -"49"/ 6"5# -0L"2"54"5 =$';$,3=( p2$/ ;$,", 0=3C -"49"/ O",0 ;("(9 M343<*$*,$'0 4$;"5 6"5# *$5-"2"* 4$<"-" <$5#043=56"(



A! # ! " # $

E*"* "2A)";"5 "2AR";'0 ,$'4"="G iO)(*-0##$ ,#(* 60 1010 (#$*10# #,#$ ,),#- 1)-#(# (#$# ,#(*

306#, /)".#+#3,#$ 1)1*#3*2*$ 2#6# ()"),#@ +0,# ,#(* ()-#,*,#$$'# (#,# ,)3#.*0-#. ()"),#

#,#$ ()")$6#.,#$ ,#(*@ /)$?0 #2# '#$% ,#(* 1#(2#0,#$ /#.,#$ ()(*1*.0(*4D

&"'0<"-" ="5-" ;$>'"5# <$5-"49"/ 0=3 =0-"4 ,$'/"L"= "="3 *$5#/"'"<4"5 4$4"6""5 -"'0 0*,"2"5

*"53;0" 0"2"/ -0" *$*02040 /";02 <$5-"<"="5 ;$5-0'0 ;"*" "-" *$2"230 <$'50"#""5C <$'="50"5C ,$4$'L";$5-0'0 "="3 <$'=34"5#"5( +663, +;A1"4/="6"50 ,$'4"=" 4$<"-" =$*"5A=$*"556" G g 4.(0-'4'2'5

/'+% 3- 1'4'& 9%(0%/ 0%>%'( ,.&(-')': /.&'(' 4.4%())%5(*' =&'() *'() 4-5'0 -0% ,-2' +.+-2-/-

/./'*''(9Y%/%1 &.?./-:R<

!"'" ;"/","= .";32322"/ 1+W -"5 ;"2"D3;;>2$/ "*"=A"*"= =0-"4 *$*$'234"5 ,"5=3"5 -"5 0*,"2"5

-"'0 *"53;0"( E50 4$'"5"C *$'$4" ;3-"/ "-" ;3*,$' '$S$40 ;$5-0'0 -"5 ;$5=0";" ,$';0D"= -$5#"5 ;0D"=

8"5""/ 7,$'<"-" -$5#"5 <$*,$'0"5 "22"/:( e$="<0 ;3*,$' '$S$40 6"5# "-" <"-" "-" ;"5# -"@0$ ="-0

=0-"4 *$*,"9" 4$<"-" ;0D"= ="*"4 "="3 *$5#/",0;4"5 ;0;"A;0;" 3*3' 35=34 *$5#3*<32 /"'=" -"5

4$4"6""5(

B"-"5#A4"-"5# ;$>'"5# -"0$ 0=3 *3-"/ -0=$'0*" >2$/ *";6"'"4"= ;$/05##"4"5 =$'<"5M"' 4";0/ -"5;"6"5# *$'$4" 4$<"-"56" *$2"230 <$*,$'0"5C /3,35#"5 6"5# $'"=C *$*,$'0 ,"5=3"5 *"/3<35

<$'4/0-*"="5 ;$'=" *$5$'0*" "L"4"556"( 1$>'"5# -"0$ 6"5# 2$4" -$5#"5 *$5$'0*" /",3"5 050

,>2$/ L"-0 "4"5 *$5#"0,4"5 -"49"/56" -0 ;0;0 *";6"'"4"=C ,"/4"5 0" ,>2$/ *$56$,",4"5

<$'L"2"5"5 -"49"/56" =$'L$L"; -"5 *$5#35-"5# D0=5"/ =$'/"-"< 4$<$'0,"-0"556"( I"4" L"-02"/

<$5-"49"/ ="-0 ,3'34 M"'" -"5 =$'M$2" <$'L"2"5"5 /0-3<56"(

!"'" -"@0$ 6"5# L3L3' -"5 ,$5"' -0 L"2"5 -"49"/C "4"5 ;$5=0";" *$563*,"5# ,34"5 *$5#/"'"<

0*,"2"5( I$'$4" "-"2"/ 6"5# <"205# ,"56"4 *$*,$'0 -"5 *$*02040 L09" 6"5# ,$;"' ;$'=" *$*<356"0

*"'3"/ 7/"'#" -0'0:( I"'3"/ "="3 /"'#" -0'0 050 *$'3<"4"5 ;"2"/ ;"=3 M0'0AM0'0 ;6"4;0"/ 0;2"*0"/ -"5

05=0 4$;$F"/"5 *"53;0" <"-" ;$>'"5# -"@0$(

E*"* I"9"'-0 *$56"="4"5 G g R#"*#. #6#-#. 2)".0#1#$ 60"0 6#$ #-5.0((#. 7,)#M#(#$ 6#$ ?03#5

?03# 30$%%08D ( 10D"= ]"2A*3'3"/@ 7 *$5L"#" /"'#" -0'0: =0-"4 "4"5 "-" *$2"054"5 L04" "-" ;0D"= ]0DD"/C

4$;3M0"5 -"5 *$*$20/"'" -0'0( 10D"= ]0DD"/ 0"2"/ -$5#"5 *$5L"3/0 <$'4"'" 6"5# /"'"* -"5 ->;"C

*"5"4"2" ;0D"= ;3M0 ,$';0/ <32" -$5#"5 *$5L"3/0 4$="*"4"5 -0'0 -"5 =$'20,"= -"2"* <$'4"'" 6"5#

*$'"#34"5 ;$-"5#4"5 ;0D"= *$*$20/"'" -0'0 0"2"/ -$5#"5 *$5L"#" -0'0 -"'0 *$*0432 7*$5#/"'"<:

#"5L"'"5 "="3 <$*,$'0"5 -"'0 *"53;0" ;$'=" *$*,$,";4"5 -0'0 -"'0 *$*05=" <$'=>2>5#"5 -$5#"5

*"4/234(

B"=" E*"* I"9"'-0 G g W"#$% '#$% /)".#+#3 #3#* /)".#"#2 1)1*#3* 6#"0 (#$*10# -#0$@ 1)30#2 6#"0

()"),# 60#$0#'# .#,$'#@ ()$6#2#3 ,).0$##$ 6#$ ()$+#60 /)/#$#$ 2#6# !"#$% -#0$4D

+-"<35 L04" ;$>'"5# -"0$ 0=3 *$5#"L"'C *$5L"-0 0*"* "="3 *$56"*<"04"5 4/3=,"/ -"5 -0"

*$*<$'>2$/0 <$5-"<"="5 -"'0 4$'L" =$';$,3=C *"4" 0" -0,$5"'4"5 ;6"'"4 35=34 *$5-"<"=4"5

0*,3/"556" "="; ;$,", <$4$'L""5 "="3 <'>D$;0>5 ="-0( e$'*";34 L3#" -"2"* 3'3;"5 ="5##35#L"9",

4$<0*<05"5 3*3*7M>5=>/56" ;$,"#"0 <$#"9"0 s <$5L"9"= "9"* 4$'"L""5 "="3 *"5"A*"5"

05;=0=3;0 -"5 L","="5: -"5 *$*$#"5# L"9"="5 <$'35-"5#"5 7;$<$'=0 ,$4$'L" ;$,"#"0 /"40*C 4"-0C

<$#3"*: "="3 6"5# ;$<$'=056"C *"4" <$5-"49"/ ="-0 ,$'/"4 *$5-"<"= #"5L"'"5 -"'0

4$'L"7<'>D$;0>5: =$';$,3= -"5 =0-"4 -0M$2"(



A; # ! " # $

$'.3'5 !C b.().('2- +'3N% I'/0=& %0'+' +.+1.()'&%5-(*'

1$L"L"' -$5#"5 <$'$-"'"5 *";" -"5 -350" ="5<" ;$*<"-"5 4050C ;$;$>'"5# <$5-"49"/ ;"5#"= <$'23

4$<"-" <$5"*,"/"5 02*3 <$5#$="/3"5( R"/4"5 0" *$5L"-0 ;"=3 4$*$;=0"5 ,"#0 ;"5# <$5-"49"/

*$*"/"*0 ;3";"5" 205#435#"5 -"5 <$';$40="'"5 3*3* *$20<3=0 <$'4"'" ,$'4"0="5 4$/0-3<"5 ;>;0"2C

$4>5>*0C *";6"'"4"= -"5 <>20=04( E50 4$'"5" -"49"/ 6"5# -0,"9" >2$/ <$5-"49"/ 6"5# *$*<356"0

4$=05##0"5 02*3 -"5 4$D"/"*"5 23"; -"2"* <$2,"#"0 ";<$4 -"5 ,0-"5# ;"*" "-" ,$';0D"= =$*<"="5

*"/3<35 "5="'","5#;" 2$,0/ ,$'4$;"5 -0 /"=0 *";6"'"4"= 4$'"5" 0" ,>2$/ *$5L"-0 <$*0*<05 6"5#

*$5L"-0 043="5 -"5 ;3*,$' '3L34"5 *";6"'"4"=(

I$*"/"*0 <$';$40="'"5 3*3* 050 -"<"= *$*,"5=3 ;$>'"5# -"0$ *$*"5D""=4"5 <$23"5# 6"5# "-"

;"*" "-" 6"5# ,$';0D"= 5";0>5"2 *"/3<35 -350"( &$*040"52"/ "<" 6"5# -02"434"5 >2$/ .";32322"/

;("(9 4$=04" *"5" *$20/"= 5$#"'"A5$#"'" 4$=04" 0=3 -"5 R"#05-" *$5-"<"=0 4$"*"5"5 -"5

4$=$5"5#"5 6"5# "-" <"-" O"L";/0 6"5# *$*$'05="/ )",;6"/( 1$4"20<35 0" "-"2"/ 9"/63 -"'0<"-"

+22"/C 5"*35 ;$>'"5# -"0$ 0=3 <$'23 ,$'3;"/" ,$';35##3/A;35##3/ *$*"/"*0 =35=3="5 <$'$-"'"5

S"*"5C =$*<"= ;='"=$#04 -"5 ;>;0> 4$/0-3<"5 *"53;0"(

1$*$*"5#56" ;$=0"< <$';$40="'"5 0=3 *$*<356"0 M0'0AM0'0 4$0;=0*$9""5 -"5 =35=3="556"( 1$,"#"0

M>5=>/ <$';$40="'"5 <"-"5# <";0'C #3'35 ,$',$S" -$5#"5 4"*<35#C <$';$40="'"5 4"*<35# <32"

,$',$S" -$5#"5 ,"5-"'C <$';$40="'"5 4>=" <$'50"#""5 ,$',$S" -$5#"5 <$';$40="'"5 <$'3;"/""5

*"/3<35 <$'2"-"5#"5(

&$9";" 050 &"0$ /0-3< -0 -350" E;2"* 6"5# 23";C 0" =0-"4 ;3560 -"5 2"'0 -"'0 ,$'-$<"5 -$5#"5 *";"2"/

"="3 0;3 6"5# 4'>504C( !"-" *";" 6"5# ;"*"C 0" L3#" =0-"4 -"<"= 2"'0 -"'0 ,$'/"-"<"5 -$5#"5 ;$#"2"

35;3' 4$43"="5 -"5 =$5="5#"5 *3;3/ =$'/"-"< "#"*" E;2"* -"5 3*"=56"(

B$;$*3" 050 *$535=3= ;"=3 4$;"=3"5 -"5 4$'L";"*" -"2"* *$5##$'"44"5 "*"2 E;2"*0( E" =0-"4

-"<"= =0-"4 *$*$'234"5 4$D"/"*"5 23"; =$'/"-"< <$';$40="'"5 6"5# ,$'2"43 -0 -350" 050(

B$=04" 050C ;$>'"5# -"0$ /0-3< -0 -350" 6"5# -0M"=3'4"5 >2$/ 05;=0=3;0 "="3 43";" -350" ,$'<$5#"'3/

,$;"' /05##" 4"9";"5 6"5# *$*02040 4$0;=0*$9""5 -"5 4$3="*""5( !$'4"'" 050 *$*,$'04"5 4$;"5

;"*" "-" <>;0=0D *"/3<35 5$#"=0D 4$<"-" -350" E;2"* -"5 L3#" -"49"/ E;2"*( p2$/ 6"5# -$*040"5C

0" *$535=3= 4$<"-" <$5#$="/3"5 6"5# L$2"; =$5="5# ;$#"2" <$'=$*,35#"5 -"5 ,"#"0*"5" 43";"A

43";" ,$;"' 050 *$*"054"5 <$5#"'3/56"(

!$5-"49"/ L3#" /0-3< -"2"* ;3";"5" -350" 6"5# <$53/ -$5#"5 <$'="'35#"5 -"5 <$'=$*,35#"5

"20'"5 <$*040'"5C <"5-"5#"5 -"5 D"2;"D"/( !$*04'"5 050 M$<"= ,$'3,"/ -"5 =0-"4 ;="=04( &350" E;2"*

<32" =$'-$-"/ 35=34 *$5$'0*" "<" L3" 6"5# -"="5# -"'0 R"'"= *"/3<35 e0*3' ="5<" "-" ="<0;"5

-"5 ;"'05#"5 ;$/05##" 0" *$5L$'"= <$*040'"5 -"5 <"5-"5#"5 <$5-"49"/( !$'4"'" 050 ,>2$/

-0","04"5 "="3 =0-"4 -0"*,02 <$-320 <"-" 9"4=3 #$'"4"5 -"49"/ *$5#/"-"<0 4$;34"'"5 -"5

4$;320="5 "="3 D";" <$'<05-"/"5 =$="<0 <"-" S"*"5 =$45>2>#0 -"5 ","- ;"=$20= "="3 $'" #2>,"20;";0 050

0" =0-"4 ,>2$/ -0","04"5 ;"*" ;$4"20(

1$2"05 0=3C <$5-"49"/ L3#" /0-3< -"2"* ;3";"5" 05>?";0 -"5 <$5$*3"5 ,"'3 ;"05; -"5 =$45>2>#0( E50

*"*<3 *$5-"="5#4"5 ;"*" "-" *"5D""= "="3<35 *$*,"9" 35;3' 5$#"=0D 4$<"-" -"49"/

*$5$'3;0 05=$'5$=C D"M$,>>4C $*"02 -"5 ;$,"#"056"( !$5-"49"/ 6"5# ,$'L"6" 0"2"/ <$5-"49"/ 6"5#

-"<"= *$*"5D""=4"5 05>?";0 -"5 M0<=""5 ,"'3 6"5# ,"04 -"5 *$505##"24"5 "<" 6"5# *$5-"="5#4"5

4$,3'34"5 4$<"-" -"49"/(

!$5-"49"/ L3#" =0-"4 /"'3; /"56" ,$'<$234 =3,3/ -$5#"5 /"56" *$20/"= ;"/"L" ;3";"5" -0

;$4$20205#56"( R"/4"5 0" <"=3= ;$-"' ,"/"9" 050 ;$*3" "-"2"/ "53#$'"/ +22"/ 35=34 *$*,"5=3



AA # ! " # $

3'3;"5 -"49"/ /"*,"O6"( R"5=3"5 +22"/ 050 =0-"4 "4"5 /"-0' *$2"054"5 ;$=$2"/ *$*<356"0

4$D"/"*"5 6"5# *$5-"2"* =$'/"-"< ;$#"2" <$'4"'" -"5 0;3 -"2"* <$2,"#"0 ";<$4 -"5 -0*$5;0

/0-3<C "2"* ;$*32"L"-0 6"5# ,$'4"0="5 6"5# -0 2"3=C-0 ;35#"0C -0 -"'"=C -0 #3535# #"5"5#C="5"/ C "0'C

<"5"; -"5 ;$L3456"(

!$5-"49"/ L3#" <$'23 *$*"/"*0 ,"/"9" 0" L3#" /0-3< -0 "5="'" 4$2>*<>4 *";6"'"4"= 6"5#,$'<$#"5# 4$<"-" <$2,"#"0 *"S/",C ;"*" "-" -$4"= *"/3<35 L"3/C *"S/", 6"5# *$2"*<"3C"20'"5

<$'*3;3/"5 "="3<35 "20'"5 <$'-"*"0"5( e0-"4 -"<"= =0-"4 0" *$*$'234"5 <$*"/"*"5 6"5#

*$5-"2"* -"'0 <$2,"#"0 ";<$4 =$'/"-"< 4$93L3-"5 #>2>5#"5 "="3 *"S/", =$';$,3= -$5#"5 4"L0"5

;$M"'" 02*0"/C *$*"/"*0 ;$L"'"/ 4$*35M32"556"C *"=2"*"= -"5 *$=>->2>#0 ;$'=" <$5#"'3/56"

=$'/"-"< <$'4$*,"5#"5 *"53;0"(

g1$;3"=3 <$'4"'" 6"5# -0;"*<"04"5 >2$/ -"0$ ;$/05##" *$5-"="5#4"5 4$"*"5"5 -"5 4$;$L"/=$'""5

*"4" 4$="/302"/ ,"/"9" 0" *$*<$'>2$/ 4$L"6""5 35=3456" -"5 -"49"/56"(

qawaid dakwah (melayu)

Documents