Вы находитесь на странице: 1из 283

The H cranes.

Power and performance.

Performance
features at a glance.
• 160° jib position for obstacle avoidance: all H cranes
• 20° raised jib position: all H cranes
• Folding tower of tight-welded solid-walled construction: all H cranes
• Advanced hydraulic erecting procedure: all H cranes
• Rocker-action lowering from axles: all H cranes
• Working radii 13 H: 20.0 m
20 H: 24.0 m
26 H: 28.0 m
• Ballast: self-centering ballast slabs (optional extra)
semi-automatic ballasting device (optional extra)
• Slewing radii 13 H: 1.85 m
20 H: 2.00 m
26 H: 2.15 m
• Switchgear cabinet: standard contactor control system
• Hoist gear: all H cranes, 3-speed pole-changing motor
20 H, 26 H: with frequency converter (optional extra)
• EDC slewing gear: standard equipment on 20 H and 26 H cranes
• Overall lengths for road transport
13 H: 13.3 m
20 H: 14.4 m
26 H: 15.6 m
• Access ladder on tower: all H cranes (optional extra)
• Rotary power connector: standard feature on all H cranes
• Universal General Operating Permit (German ABE): all H cranes
• Quick-release axles: all H cranes
• Outrigger bearings can be lubricated: all H cranes

Printed in Germany by Wolf LBC -527-04.02-6gb Subject to technical modifications.

Please contact
LIEBHERR INDUSTRIAS METALICAS, S.A., Polígono Industrial Agustinos, Apartado 4096, E-31014 Pamplona,
콯 +34-948-29 70 00, Fax +34-948-29 70 29, www.liebherr.com, E-Mail: info@lim.liebherr.com
Crane performance
and added value.
On every construction site, Liebherr’s H cranes are a Handling capacity and reliability are impressive features
guarantee of economic high performance. These highly of these fast-erecting cranes – giving you a clear lead in
versatile cranes can be moved from one site to the next performance and value. The H series consists of the
quickly and erected ready for use in a very short time. 13 H, 20 H and 26 H models.

Hydraulics to
simplify handling.
With their advanced hydraulic
Quicker to move, equipment, the H cranes are in top
adaptable on site. technical form. They are fast to e-
Crane transport reveals the advantages of rect, flexible to operate and convincing in their safety
the H crane’s compact design. Depending and reliability.
on size, it can be moved on public roads
as a 2-axle trailer with either partial or complete bal-
last. With the high-speed axle, it can travel at up to
80 km/h on motorways and similar highways. Yet the
H crane is so manoeuvrable that it can be erected
and ready for work on any construction site in a very Every detail carefully
short time. thought out.
The innovative EDC slewing gear,
powerful hoist gear assemblies,
space-saving hydraulics, a rotary
power connector as standard equipment, a tight-
welded, solid-walled tower and practical quick-
release connectors: every detail of the H crane’s
advanced technical specification reveals Liebherr’s
design authority – and the experience that has earned
the trust of Liebherr’s customers worldwide.

2 3
Quicker to move,
adaptable on site.
The advantages of compact, well-planned design are evident in the ease with which H cranes can be moved from one site to the
next. Using the high-speed axle, speeds of up to 80 km/h are permissible on motorways and similar high-speed roads. Depending
on size, the crane can be moved on public roads as a 2-axle trailer with complete or partial ballast. The 13 H and 20 H travel with Standardised axle and adapter connections mean that all Liebherr road-
the full ballast in position; in the case of the 26 H, 4.5 t of the ballast remain on the crane and the remainder is carried on the towing transport axles already in use can be attached without difficulty to H cranes.
vehicle. The rear axle can remain attached to the crane during operation. As is customary with Liebherr’s cranes, the H models have
a special General Operating Permit (German ABE).
A ballasting system is available as an optional extra. Instead of the conventional ballast blocks with suspension eyes, self-centering
ballast slabs or a semi-automatic ballasting device are available. Ballast can be picked up at any point on the crane’s slewing circle,
up to a maximum radius of 4.0 metres.
If headroom is extremely limited, the jib end of H cranes used with cast ballast
blocks can be folded away to one side to reduce the transport height.

4 5
Hydraulics make
handling simple.

Easy hydraulic erecting system.


Time-saving and economical: the hydraulic erecting linkage raises the H crane automatically
by way of the rocker axle-removing device on to its support spindles, even on an uneven
surface. As the crane unfolds, and of course during dismantling as well, the hoist and trolley
travel ropes are kept at the proper tension automatically.
Hydraulic rams on the tower and the jib move the H crane to its working position in no time
at all. Erecting is so easy, fast and safe that it can be carried out by a single person without
difficulty.

Practical obstacle avoidance.


The front section of the jib can be folded back by 160° and the H crane therefore slewed
safely past on-site obstructions.

Extra height with the 20°


raised jib position.
The H crane’s jib can be raised to an angle of
20 degrees from the horizontal, for additional
hook height and even greater versatility in use.

6 7
Well-planned to
the last detail.
Compact hydraulic unit.
The H crane comes with a ready-to-use hydraulic system that is extremely compact
and easy to operate. The valves and lines comply with the most stringent specifications.
‘Wear-Check’ lubricant analysis helps to extend the servicing intervals.

The rotary power connector.


H cranes have a rotary power connector as standard equipment, and can therefore
slew unrestrictedly in either direction.

Quick-release connections.
The front and rear axles can be attached and removed rapidly and easily at these
connections, which act as an additional safety device to the self-centering mountings
on both axles. The rear axle can stay in position while the crane is being operated,
so that considerable time is saved when setting up the crane.

Tight-welded tower sections.


The folding tower consists of a rectangular-section tube with the electrical wiring and
hydraulic lines running inside it so that they are well protected. Another technical
feature of this tower: it has solid walls that are absolutely tight-welded, so that there
is no risk of rusting or internal corrosion. This high quality is a guarantee of long,
reliable operating life and lasting value.

The hydraulic system is The standard rotary power connector enables The axles are easily attached and decoupled
supplied ready to operate. H cranes to slew unrestrictedly. at quick-release connectors.
8 9
The switchgear cabinet.
The standard switchgear cabinet contains contactors for power control. As an optional
extra, a frequency converter can be installed for continuously variable hoist speeds.

EDC slewing gear.


The 13 H has frequency-converter slewing gear with continuous speed control. The
20 H and 26 H have Liebherr’s patented EDC slewing gear as standard equipment.
This permits sensitive and absolutely jolt-free starting and stopping of slewing
movements.
Other high-performance features: continuously adjustable working speeds, electronic
wind-load control and oscillation damping for the suspended load. Thanks to electronic
monitoring the EDC slewing gear can be reversed safely and reliably by applying
counter-current.

Tailor-made hoist gear.


Two types of hoist gear are available for the 20 H and 26 H: the first has a three-speed
pole-changing motor with forced ventilation using a separate fan. Its maximum hoist
speed is in the region of 40.0 m/min. The alternative version has a frequency-converter
power supply and provides the H cranes with continuously variable hoisting and lowering
speed ranges between 0 and 50.0 m/min.

The trolley travel gear.


20 H and 26 H cranes have two trolley travel speeds: 18.0 or 36.0 m/min.

Switchgear cabinet with contactor power control The patented EDC slewing gear The frequency controlled hoist gear for continuously Pole-changing trolley travel gear with two speeds.
system, EDC slewing gear controller and frequency ensures sensitive control of slew- variable hoisting and lowering movements.
10 converter for hoist gear. ing movements and absolute free- 11
dom from jolts.
The H cranes.
Power and performance.

Performance
features at a glance.
• 160° jib position for obstacle avoidance: all H cranes
• 20° raised jib position: all H cranes
• Folding tower of tight-welded solid-walled construction: all H cranes
• Advanced hydraulic erecting procedure: all H cranes
• Rocker-action lowering from axles: all H cranes
• Working radii 13 H: 20.0 m
20 H: 24.0 m
26 H: 28.0 m
• Ballast: self-centering ballast slabs (optional extra)
semi-automatic ballasting device (optional extra)
• Slewing radii 13 H: 1.85 m
20 H: 2.00 m
26 H: 2.15 m
• Switchgear cabinet: standard contactor control system
• Hoist gear: all H cranes, 3-speed pole-changing motor
20 H, 26 H: with frequency converter (optional extra)
• EDC slewing gear: standard equipment on 20 H and 26 H cranes
• Overall lengths for road transport
13 H: 13.3 m
20 H: 14.4 m
26 H: 15.6 m
• Access ladder on tower: all H cranes (optional extra)
• Rotary power connector: standard feature on all H cranes
• Universal General Operating Permit (German ABE): all H cranes
• Quick-release axles: all H cranes
• Outrigger bearings can be lubricated: all H cranes

Printed in Germany by Wolf LBC -527-04.02-6gb Subject to technical modifications.

Please contact
LIEBHERR INDUSTRIAS METALICAS, S.A., Polígono Industrial Agustinos, Apartado 4096, E-31014 Pamplona,
콯 +34-948-29 70 00, Fax +34-948-29 70 29, www.liebherr.com, E-Mail: info@lim.liebherr.com
HC-L cranes.
Technology for the future.
The HC-L series with
level luffing.
The HC-L series of luffing jib cranes developed by Liebherr-Werk Biberach GmbH sets new standards. The latest
HC-L generation features pioneering technology with level luffing for a horizontal load path.
Programmable logic controller (PLC) enables a luffing jib crane to perform a horizontal load movement similar to that
of a top-slewing crane with a trolley jib.

1 2
Horizontal load movement. High handling capacity.
Horizontal load movement is a genuine Infinitely variable high-performance
innovation on the Liebherr HC-L series of drives from Liebherr achieve significantly
luffing jib cranes. During jib movements the higher load handling capacities. Lieb-
control unit automatically adjusts the hoist herr’s modular crane program offers the
gear so that the hook moves horizontally. This is a cru- best drive for every application.
cial advantage for assembly and concreting work. The These intelligent drive systems, manufactured by Liebherr
new technology simplifies the crane operator’s job and in-house, have a high level of functional reliability and un-
makes the construction site safer and more efficient. compromising performance. Their low energy consump-
tion has a positive effect on operating costs. Straightfor-
ward changeover from single- to double-reeved hook
operation ensures optimal handling performance.

3 4
Practical details. Climbing inside
HC-L cranes are designed for straight- buildings.
forward assembly. Even on confined Luffing jib cranes from Liebherr are
building sites, they are particularly easy ideal climbing cranes for use inside
to erect. Practical assembly in real-life buildings. The Internal Climbing (IC)
situations was a top priority at the design stage. The tower system has been developed specifically for
slewing platform can be taken apart into transportation these applications.
elements that can be handled by a mobile crane – a For rapid-rise projects, IC towers can be erected in lift
crucial advantage if the crane is to be dismantled at a shafts or the smallest of niches. These climbing tow-
great height. ers are also secured to buildings externally. Luffing jib
cranes are being used to an increasing extent on high-
rise construction projects.

2 3
1Level luffing.
Intelligent control.
Programmable logic controller (PLC) allows a luffing
jib crane to perform a horizontal load movement simi-
lar to that of a top-slewing crane with a trolley jib. This
is an entirely new overall technological concept.

During jib movements the new control unit automat-


ically resets the hoist gear so that the hook moves
horizontally – a crucial advantage for assembly and
concreting tasks.

Precise load movement.


The level luffing function can be switched on or off
by the crane operator as required. Simultaneous
operation of the jib and hoist gear is also possible
at any time, for optimal efficiency and to suit con-
struction-site requirements.

This new technology makes crucial time savings


possible and greatly simplifies the crane operator’s
task. Setting down loads with a high level of ac-
curacy and precisely where required is also signifi-
cantly easier. This greatly facilitates load handling,
in particular on confined building sites.

4 5
2High handling capacity.
High-performance drives.
Liebherr luffing jib cranes are equipped with high-performance drives that guarantee maximum handling capacities and
boost profitability. HC-L cranes are equipped with the very latest Liebherr-built hoist, luffing and slewing gear drives. All
cranes with a level luffing function are fitted with infinitely variable frequency-controlled drives.

FC hoist and luffing gear.


Liebherr offers a wide range of high-performance drives, with the ideal rated output available for any application. Their
principal benefits include automatic load moment monitoring, travel at micro speeds, use of the full extent of joystick travel
and load holding without engagement of the hoist gear brake.

FC slewing gear.
The new FC slewing gear drive enables the crane to be slewed at micro speeds without jerks or jolts, and also detects and
suppresses wind and load influences. The control unit matches slewing gear drive torque automatically to the jib position.
The integrated anti-sway function identifies and prevents crane vibration and load swing.

Greater hook heights.


For greater hook heights the new 3-speed FC hoist gear, for instance, is rated at 110 kW. Hook
heights of up to 625 m are available for single-reeved working. With this crane specification,
the hook moves at up to 240 m/min, thereby ensuring exceptional efficiency on very high-rise
building projects.

Rapid re-reeving.
Straightforward re-reeving of the hook from single- to double-reeved operation allows
HC-L cranes to be adapted efficiently and quickly to construction site conditions and
maintains their high handling performance. A version for single-reeved hook opera-
tion only is available as an option.

Straightforward changeover from single- to double-reeved hook operation. FC luffing gear with secondary brake. Patented FC slewing gear: Precise,
smooth slewing movements.
6 7
3 Practical
details.
Easy-assembly transport units.
HC-L cranes employ a modular system for assembly in real-life
situations. The slewing platform can be broken down into sepa-
rate parts, each of them easy to erect. The cab platform with the
crane cab can be bolted on or detached separately.

Easily accessible drives.


All drives are easily accessible for servicing tasks on a machine
platform of generous size.
A large number of plug-type electrical connections is provided
for rapid crane assembly.

Control and monitoring system.


These cranes are supplied as standard with the electronic
monitoring system (EMS), the load moment limitation system
(LMB), the working range limiting system (ABB) and the ma-
chine data logging system (MDE). On request, HC-L cranes can
be equipped with additional electronic components such as the
anti-collision system (AKS), remote data transmission (DFÜ) and
a machine data evaluation system (MDA).

Pre-installed plug connections for rapid start-up. Separate slewing platform elements for assembly and dismantling at great heights.

8 9
4 The IC tower
system.
Climbing inside buildings.
The Internal Climbing (IC) tower system was developed specifically
for lift shafts of limited size. The tower has overall dimensions of just
1.9 m x 1.9 m and is therefore suitable for the narrowest of lift shafts.

To save space and to protect the assembly, the entire climbing hydraulics
are located inside the tower section, with everything designed to keep
the tower’s external dimensions as low as possible.

Particular attention has also been paid to easy handling of the guide frames.
Special tower sections are used at the clamping points. The tower sec-
tions need no additional reinforcement.

When dismantling the cranes in high-rise buildings, the add-on compo-


nents of the climbing section can easily be removed as a weight reduc-
tion measure.

Climbing outside buildings.


The IC tower system can also be used for climbing outside buildings.
The rigid tower sections provide high hook heights and need only a small
number of anchorages to the building.

This tower system is also suitable for trolley jib cranes.

Hydraulic unit inside IC tower. IC tower clamped in a lift shaft. Upper climbing frame of IC tower.

10 11
Overview of
performance Internal Climbing (IC)
features. tower system
• For the smallest of lift shafts
• External dimensions 1.9 m x 1.9 m
• Space-saving climbing hydraulics
located inside the tower
• Climbing inside buildings

Convenient assembly
• Small slewing radius
• Slewing platform elements can be
taken apart
• Externally mounted cabin with
rapid connections
• Easy-to-assemble transport units
• Many plug-type electrical connections
• Fully pre-installed assembly modules

FC hoist gear
Level luffing 2- and 3-speed FC hoist gear
• Horizontal hook movement • Single or single/double reeving
• Automatic PLC control • Automatic speed adjustment
• Liebherr motor
• Micro-positioning of the load
Control systems • High safety function: motor torque is
• All drives are controlled via switched off only after the load has been
frequency converters taken over by the brake
• Infinitely variable hoisting, lowering • Positioning mode -> reduction to
and travel speeds 1/4 hoist speed
• Latest control technology • High lowering and empty-hook speeds
• 50 Hz or 60 Hz, 400 V or 440 V • Hook heights up to 625 m and
power supply more (option)
• Electronic systems: LMB, ABB, MDE • Minimal starting currents –
Options: AKS, DFÜ, MDA low power consumption
• Infinitely variable speeds
High comfort and
convenience FC luffing gear
• Control panel can be adjusted to • Compact design
various positions • Sensitive, infinitely variable travel
• Heating with thermostat and time switch • High performance ranges
• Air conditioning (option) • Minimal starting current – low
• Heat and noise insulation power consumption
• Insulated windows • Variable speeds
• 230 V power socket • Secondary brake
• Windscreen wiper system
FC slewing gear
• Slewing without any jerks and jolts
Tower combinations • Integrated wind load control
• Proven modular system – highly
• Automatic anti-swing system
versatile tower sections
• Integrated electrical wind release
• Extremely adaptable undercarriages/
cruciform bases
• Closed, tight-welded sections Safety monitoring
• Long life during climbing
• Threaded and tapered pin connections • Newly developed monitoring device
for zero-play assembly • Safety-tested (German GS)

Printed in Germany by Eberl LBC-593-6.05-6.e This information is supplied without liability. Subject to technical modifications.

Liebherr-Werk Biberach GmbH


Postfach 16 63, D-88396 Biberach an der Riss
 +49 7351 41-0, Fax +49 7351 41-22 25
www.liebherr.com, E-Mail: info.lbc@liebherr.com
The 42 K.1
fast-erecting crane
Highly adaptable
Flexible and
highly adaptable.
The 42 K.1 fast-erecting crane has been developed from scratch for use on building sites. It replaces the tried and
tested 42 K fast-erecting crane. With the same jib-end load, this crane now provides a higher load moment over the
entire load curve. Model improvements mean that the 42 K.1 now offers significantly improved performance stand-
ards. Many well-established features were taken from the TT range: the semi-automatic ballasting device, automatic
ballast slab centring, the Quick Connection system and the rapid erecting linkage. This crane can now travel with
the tower erected. It is also available on crawler tracks as the 42 KR.1 for use on difficult terrain. All in all, the 42 K.1
provides you with a wealth of benefits on the building site.

1
Highly adaptable.
The 42 K.1 fast-erecting crane is ideal for

2
the widest possible range of construction
tasks. In addition to seven hook heights, it Compact and quick to
offers the time-tested 30° angled jib posi- transport.
tion and the 45° obstacle-avoidance posi- The new 42 K.1 fast-erecting crane is
tion. These features make this crane extremely adapt- an extremely compact piece of equip-
able and cost-effective. ment. During road transport, it has the
lowest overall length of all cranes in
its class. It is transported on the road as a complete,

3
ready-to-erect unit, ensuring that it can be used soon
Rapid, user-friendly after arrival at the site. The 90° steering angle of the
erecting. steered axle allows optimum manoeuvrability on the
The entire erecting linkage is new. The building site. Depending on where it is to be used,
42 K.1 is now erected by means of the crane can be transported on slow-speed or high-
two double arms. This well-designed speed axles.

4
erecting linkage allows the 42 K.1 to lift
itself automatically from its road axles on to its support Perfect down to the
spindles. Only one person is needed to erect the crane smallest detail.
ready for use within a very short time. The crane is Tried and tested details such as the
erected at the touch of a button from the control panel Quick Connection system, automatic
or a radio remote control. ballast slab centring, jib guy rods and
the optimised operating support help
to ensure that this new fast-erecting crane is ready for
action in no time. This is where you benefit from our
many years of experience in the construction industry.

2 3
1 Highly adaptable.
7 hook heights, 4 jib lengths, 30° inclined angle position
and 45° obstacle-avoidance position.
36 m

33 m

30 m
26 m
25,5 m

24 m

4 jib lengths, 30° angled jib


22 m position, 45° obstacle-avoid-
ance position.
20 m

17 m

15 m

12 m
+2 m

+2 m
The outstanding adaptability of the 42 K.1 fast-erecting crane makes it ideal for the
+2 m widest possible variety of construction tasks. The 42 K.1 integrates hook heights
of 12.0 m, 15.0 m, 17.0 m and 20.0 m. Tower sections can be inserted to provide
additional hook heights of 22.0 m, 24.0 m and 26.0 m.

Because the retracted hook height is just 12.0 m, this fast-erecting crane can also
be used without difficulty beneath overhead wires and other obstacles. This is a
crucial advantage in practical applications.

Depending on your requirements, working radii of 25.5 m, 30.0 m, 33.0 m and 36.0 m
are available.

The 30° angled jib position and the 45° obstacle-avoidance position allow you to
operate the crane while avoiding virtually any obstruction. This outstanding adapt-
ability is another factor that ensures your financial success.

4 5
2 Compact and quick
to transport.
The 42 K.1 fast-erecting crane can be transported extremely compactly on the road. The low For use on difficult terrain, this crane is also
wheelbase of 5.9 m makes this crane highly manoeuvrable. All existing Liebherr road axles can available with crawler travel gear. Rapid
be used without difficulty thanks to the standardised mountings for adapters and axles on the relocation from one site to another with full
undercarriage. The axles can be attached at either end, so that transport is possible in both ballast causes no problems.
directions. A three-axle truck is all that is required. The road axles can remain attached to the
crane’s undercarriage while it is in operation.

The crane is transported using slow-speed or high-speed axles. The high-speed axle turns the
The 42 KR.1’s compact crawler travel gear.
42 K.1 fast-erecting crane into a normal trailer that can be driven at up to 80 km/h on motorways
or similar high-speed main roads. A special operating permit (German ABE) has been granted for
the 42 K.1 and for all Liebherr tower cranes.

6 7
3 Rapid, user-friendly
erecting.
Precision placing on support spindles.
Using its easy-to-use erecting linkage, the 42 K.1 lifts itself automat-
ically from its road axles on to its support spindles. After slight erect-
Crane travel in the upright position. ing of the tower, the crane is lifted by means of the railing ropes. This
This fast-erecting crane can be moved on the most cramped of construction exceptional height to which this crane can be raised guarantees unprob-
sites with the tower erected and without any special aids. On the building site lematic placing on the support spindles, on uneven ground in particular.
itself, this ensures that the best use is made of the available space and no The axles can remain attached to the crane.
working radius is wasted. This crucial advantage saves you money. The
90° steering angle of the front axle and the short wheelbase ensure easy Fast erecting.
manoeuvring. The 42 K.1 fast-erecting crane now erects itself via two double arms
using the erecting winch. The tower is locked to and released from
the slewing platform semi-automatically, using the Quick Connection
system. Only a wedge is used to secure the taper pins. The inner tower
is locked fully automatically to the outer tower. The 42 K.1 can be erec-
ted in a very small space.

Another practical feature is the guy rod on the jib pivot section. The use
of guy ropes has been further reduced to make erecting even easier.

Unproblematic placing on support spindles, even on uneven ground.

8 9
26 m

True aerial jib


mounting.
Of primary importance during the design phase was a compact aerial jib erecting
curve. On particularly cramped building sites, after assembly of the tower sec-
tions to a height of 15.0 m, the 36-m-long jib, which folds at three points, can be
extended above any obstacles. You will soon appreciate the advantages of this
design on small construction sites.

Only an extremely small space is required for aerial jib mounting without tower sec-
tions. The jib begins to unfold only above a height of 9.0 m.

The ingeniously planned erecting system incorporating the newly developed aerial
jib mounting concept reduces both setting-up time on the building site and person-
nel requirements, thereby significantly increasing profitability.

15 m

Aerial jib mounting without tower sections.

10 11
Straightforward ballasting.
Interaction of the hoisting and erecting winches ensures rapid and straightforward ballasting. The
erecting winch moves the tower to a very large working radius for ballasting. The ballast slabs are
positioned with the hoisting winch. The new semi-automatic ballasting device, in conjunction with
centring of the 32 TT ballast slabs, gives you discernable time advantages. The ballast slabs can be
lifted from all sides of the truck, with a working radius for ballasting of up to 5 m.

Operation of the semi-automatic ballasting tongs is remarkably simple. They are simply placed in
position on the ballast, released by hand, and the remainder of the process is automatic. Automatic
centring means that re-alignment of the individual ballast slabs is not required.

Ballast slabs from many Liebherr fast-erecting cranes can also be used with this crane – a further
benefit that helps to reduce crane fleet costs.

The semi-automatic ballasting device. Automatic ballast slab centring.

12 13
Quick climbing.
42 K.1 crane hook heights can be adapted to suit site requirements by inserting
three 2 m tower sections, thus enabling the 42 K.1 fast-erecting crane to reach hook
heights of 22.0 m, 24.0 m and 26.0 m.

The tower sections are inserted from below by means of the quick climbing device.
The tower section is bolted to the inner tower and telescoped upwards using the
erecting hook block.

To minimise costs in the crane park, tower sections from 35 K and 40 K models can
also be used with the new 42 K.1 fast-erecting crane: an additional building block
in Liebherr’s modular system.

Further tower sections are inserted for greater hook heights.

14 15
4 Perfect down to the
smallest detail.
The Quick Connection system.
The tower is locked to and released from the slewing platform by an automatic Quick Con-
nection system. As an additional safety precaution, wedges are then driven in with a hammer
to secure the spring-loaded taper pins. The inner tower is locked fully automatically to the
outer tower.

The new operating support.


The new operating support has been modified with respect to safety and functionality. The
inner and outer towers are now positively clamped to ensure noiseless operation.

The new jib pivot.


The jib pivot is now located centrally in the tower. This results in uniform forces in the tower
that do not cause wear to the materials.

Automatic rope re-reeving.


This crane is equipped with Liebherr’s patented automatic rope re-reeving system. The crane
operator only needs to press a button on the control panel or the remote control to order to
switch from double to quadruple hoisting rope reeving or back again. This permits an optimal
hoisting speed for the given task. Automatic rope re-reeving offers you crucial time advan-
tages in your work.

The new operating support. Central jib pivoting ensures uniform distribution Patented automatic rope re-reeving. The Quick Connection system for rapid tower locking.
of forces in the tower.
16 17
The switchgear cabinet. The hoisting and erecting winches. The EDC slewing gear. The trolley travel gear.

Powerful
Liebherr drives.
All drives and the switchgear cabinet are manufactured by Liebherr. We guarantee quality, long
operating life and high availability.

The switchgear cabinet.


The 42 K.1 is equipped as standard with contactor control. The EDC slewing gear controller and
the frequency-controlled hoisting gear controller (option) are integrated into the switchgear cabinet.
Particular attention was paid to straightforward long-term functionality of the components.

The hoisting and erecting winches.


The hoisting and erecting winches have separate drives. For continuously variable hoisting and
lowering speeds from 0 to 50 m/min, hoisting gear with a frequency converter is available as an
option. Precise positioning of the load to an accuracy of a few millimetres is guaranteed. Liebherr
manufactures these drives itself.

The EDC slewing gear.


The 42 K.1’s standard equipment includes patented EDC slewing gear. Electronic monitoring allows
the crane operator to reverse the slewing gear by applying power in the opposite direction.
Continuously variable working speeds, automatic damping to prevent load oscillation and elec-
tronic wind-load regulation are critical advantages for safe operation on the building site. The elec-
tronic control system permits extremely sensitive, jolt-free slewing movements, allowing you to
position your loads safely, precisely and accurately.

The trolley travel gear.


The trolley travel gear has an impressively sensitive movement, with two speeds. A more powerful
drive is not required for the 30° angle jib position.

18 19
A performance overview.

Automatic rope re-reeving


• Double/quadruple hoisting rope reeving

Technical data Drives


• Max. lifting capacity: 2,500 kg/4,000 kg • EDC slewing gear
• Jib-end load: 1,100 kg • Triple pole-changing hoisting gear
• Max. working radius: 36.0 m • Hoisting gear with frequency converter
• Max. hook height: 26.0 m • Double pole-changing trolley travel gear
• In 30° angled jib position: 40.5 m
Extremely easy erecting
Hook heights • Quick Connection system
• 12.0 m, 15.0 m, 17.0 m, 20.0 m, • Ingenious erecting linkage
22.0 m, 24.0 m, 26.0 m • Jib guy rod
• 30° angled jib position • Hoisting and erecting winches
• 45° obstacle-avoidance position
Aerial jib mounting
Working radii • Jib can be unfolded above obstacles
• 25.5 m, 30.0 m, 33.0 m, 36.0 m
Climbing
Slewing radii • Rapid climbing equipment
• 2.25 m, 2.5 m • Hook heights: 22.0 m, 24.0 m, 26.0 m
• 35 K, 40 K tower sections can be used
Ballasting
• Semi-automatic ballasting tongs Transportation
• Self-centring ballast slabs • Only 14.3 m long
• 35 K, 40 K and 32 TT ballast • Up to 80 km/h with high-speed axle
slabs can be used • Up to 25 km/h with slow-speed axle
• Large 5.0 m ballasting radius • Universal ABE operating permit
• 90° steering angle
Crane movement in • Standardised axle mountings
the upright position • All Liebherr road axles can be used
• Suitable for the most cramped of sites • Attachment of axles at either end

Switchgear cabinet Crawler travel gear


• Contactor control • Compact design
• EDC controller • Low ground contact pressure
• Frequency converter • Excellent off-road mobility
• Rapid relocation with full ballast

Printed in Germany by Wolf LBC-604-10.05-7.e This information is supplied without liability. Subject to technical modifications.

Liebherr-Werk Biberach GmbH


Postfach 1663, D-88396 Biberach an der Riss
 +49 7351 41-0, Fax +49 7351 41-22 25
www.liebherr.com, E-Mail: info.lbc@liebherr.com
The MK 100 mobile construction crane.
• Fully automatic one-person assembly • Spacious driver’s cab
• Compact transport • Height-adjustable elevating cabin
• Powerful drive units with frequency • High assembly curve
converter control • Telescopic jib
• High mobility • AS-Tronic shift transmission
• Active rear axle steering
MK 100 mobile construction crane in comparison
with 100-ton and 250-ton mobiles cranes.

Technical data MK 100:


Max. lifting capacity : 8,0 t 65 m
Working radius: 44,0 m, 52,0 m
Hook height: 25,0 m, 33,0 m
Steep-angle hook height: 60
for 44 m 54,0 m
for 52 m 58,0 m 55

2,0 t
1,5 t 50

45

40
1,6 t

35

30

25

20

15
1,6 t

10

0
0 5 10 15 20 25 30 35 m 0 5 10 15 20 25 30 35 40 45 50 55 60 m
5,95 m 8,85 m 7,23 m 8,25 m
18 m
8,20 m 20,9 m
33,4 m
37,4 m
81,5 m

Printed in Germany LBC-568-03.04-gb This information is supplied without liability. Liebherr-Werk Ehingen GmbH
Postfach 1361, D-89582 Ehingen
콯 +49 7391 5 02-0, Fax +49 7391 5 02-33 99
Liebherr-Werk Biberach GmbH
Postfach 1663, D-88396 Biberach an der Riss
콯 +49 7351 41-23 26, Fax +49 7351 41-22 23
The 13 HM mobile
fast-erecting crane.
Proven hydraulics, maximum mobility.

Features of
the 13 HM
at a glance.
• 20° raised jib working position
• 160° jib position for obstruction avoidance
• Folding tower of tight-welded solid-wall design
• Ladder on tower (option)
• Hydraulic lines run inside tower
• Hydraulic one-person erecting
• Air-sprung, integrated tandem axle with ABS
• Can be towed by a suitable 7.5 t truck and
needs only a Class 3 driving licence
• Can be towed as a trailer with drawbar or fifth-wheel mount
• Transport complete with cast iron ballast
• Can travel at up to 80 km/h
• Length for road transport: 11.9 m
• Rotary power connector fitted as standard
• Fold-out base arms with pivots that can be lubricated
• Continuously variable slewing gear with frequency converter
• Innovative ballast sliding device
• Slewing radius: 2.3 m

Printed in Germany by BVD LBC -537-05.02-5.e Subject to technical modifications.

Please contact
LIEBHERR INDUSTRIAS METALICAS, S.A., Polígono Industrial Agustinos, Apartado 4096, E-31014 Pamplona,
콯 +34-948-29 70 00, Fax +34-948-29 70 29, www.liebherr.com, E-Mail: info@lim.liebherr.com
Many useful details for
high efficiency.
With its practical 160° obstruction avoidance angle and 20° raised jib working position, the 13 HM
has decisive practical benefits. Other details that contribute to efficiency are the frequency-controlled
slewing gear, the standard rotary power connector and the reliable drive assemblies. The tight-
welded folding tower is an additional guarantee of exceptionally long operating life.

Integrated tandem axle for maximum mobility.


The 13 HM is designed for maximum mobility. Its air-sprung tandem axle is an integral part of the
crane and is equipped with ABS. The crane can be towed either with a drawbar or a fifth-wheel
mount. Other plus factors for mobility are transport with full ballast and the jib folding device for very
low transport heights.

Pneumatic transfer to spindles, easy one-person erecting.


The 13 HM mobile fast-erecting crane is fitted with a new type of pneumatic lifting and lowering
system. The crane can be raised or lowered pneumatically by up to 190 mm and thus set up on its
spindles without difficulty. Easy handling is also ensured by the variable-height supports and the
precision-action spindles. The 13 HM is then erected with the proven hydraulic kinematics common
to all H series cranes. The entire erecting process can be performed in the shortest possible time by
one person.

2 3
The 13 HM mobile
fast-erecting crane.
Proven hydraulics, maximum mobility.

Features of
the 13 HM
at a glance.
• 20° raised jib working position
• 160° jib position for obstruction avoidance
• Folding tower of tight-welded solid-wall design
• Ladder on tower (option)
• Hydraulic lines run inside tower
• Hydraulic one-person erecting
• Air-sprung, integrated tandem axle with ABS
• Can be towed by a suitable 7.5 t truck and
needs only a Class 3 driving licence
• Can be towed as a trailer with drawbar or fifth-wheel mount
• Transport complete with cast iron ballast
• Can travel at up to 80 km/h
• Length for road transport: 11.9 m
• Rotary power connector fitted as standard
• Fold-out base arms with pivots that can be lubricated
• Continuously variable slewing gear with frequency converter
• Innovative ballast sliding device
• Slewing radius: 2.3 m

Printed in Germany by BVD LBC -537-05.02-5.e Subject to technical modifications.

Please contact
LIEBHERR INDUSTRIAS METALICAS, S.A., Polígono Industrial Agustinos, Apartado 4096, E-31014 Pamplona,
콯 +34-948-29 70 00, Fax +34-948-29 70 29, www.liebherr.com, E-Mail: info@lim.liebherr.com
The new
355 HC-L luffing jib crane.
Technology for the future.
Level luffing. High handling capacity.
FC hoist and luffing gear.
Their principal benefits include automatic load mo-
ment monitoring, travel at micro speeds, use of the
full extent of joystick travel and load holding with-
out engagement of the hoist gear brake.

Greater hook heights.


For greater hook heights the new 3-speed FC hoist
gear, for instance, is rated at 110 kW. Hook heights
of up to 625 m are available for single-reeved work-
ing. With this crane specification, the hook moves
at up to 240 m/min, thereby ensuring exceptional
efficiency on very high-rise building projects.

FC luffing gear with secondary brake. FC hoist gear with secondary brake.

FC slewing gear.
The new FC slewing gear drive ena-
bles the crane to be slewed at micro
speeds without jerks or jolts, and
also detects and suppresses wind
and load influences. The control
unit matches slewing gear drive torque
automatically to the jib position. The
integrated anti-sway function identifies
and prevents crane vibration and load
swing.

Precise load movement. Intelligent control.


The level luffing function can be switched on or off by the Programmable logic controller (PLC) allows a luffing jib
crane operator as required. Simultaneous operation of the crane to perform a horizontal load movement similar to
jib and hoist gear is also possible at any time, for optimal that of a top-slewing crane with a trolley jib. This is an en-
efficiency and to suit construction-site requirements. tirely new overall technological concept. During jib move-
ments the new control unit automatically resets the hoist
gear so that the hook moves horizontally.

Easily accessible drives on a machine platform of generous size. Patented FC slewing gear: Precise,
smooth slewing movements.

Well-planned detail design.


New slewing New supports at Simple pinning at Rapid re-reeving. Attaching the
ring support. the A-frame the load hook. Straightforward re-reeving of the hook from additional weight.
Due to the pin-on Two supports for the single- to double-reeved operation allows
climbing bracket, the spring pins at the HC-L cranes to be adapted efficiently and
weight of the slewing A-frame were integrat- quickly to construction site conditions and
ring support can be ed to facilitate erection. maintains their high handling performance.
reduced to less than A version for single-reeved hook operation
10 t. Since the trans- only is available as an option.
port dimensions are
also reduced, the slew- Rapid re-reeving is possible by simple pin-
ing ring support can be ning of the load hook. When the additional
loaded in containers. weight has been attached, the crane is ready
for two-fall operation.
Overview of performance features.
Level luffing Rapid re-reeving
• Horizontal hook movement • Re-reeving from single- to double-reeved operation
• Automatic PLC control by simple pinning at the load hook

High comfort Tower combinations


and convenience • Proven modular system – highly versatile tower sections
• Control panel can be • Extremely adaptable undercarriages/ cruciform bases
adjusted to various positions • Long life
• Heating with thermostat and • Threaded and tapered pin connections for zero-play
time switch assembly
• Air conditioning (option)
• Heat and noise insulation Convenient assembly
• Insulated windows • Small slewing radius
• 230 V power socket • Slewing platform elements can be taken apart
• Windscreen wiper system • Externally mounted cabin with rapid connections
• Easy-to-assemble transport units
Control systems • Many plug-type electrical connections
• All drives are controlled via • Fully pre-installed assembly modules
frequency converters
• Infinitely variable hoisting, lowering Slewing ring support
and travel speeds • Pin-on climbing bracket
• Latest control technology • Weights less than 10 t
• 50 Hz or 60 Hz, 400 V or 440 V power supply • Easy-to-assemble transport units
• Electronic systems: LMB, ABB, MDE • Container transport possible
Options: AKS, DFÜ, MDA

Climbing inside buildings


• 500 HC tower system for the smallest of lift shafts
• Easy-to-assemble transport units
• Space-saving climbing hydraulics located inside the tower

Safety monitoring during climbing


• Newly developed monitoring device
• Safety-tested (German GS)

FC hoist gear
2- and 3-speed FC hoist gear
• Single or single/double reeving
• Automatic speed adjustment
• Liebherr motor
• Micro-positioning of the load
• High safety function: motor torque is switched off only
after the load has been taken over by the brake
• Positioning mode -> reduction to 1/4 hoist speed
• High lowering and empty-hook speeds
• Hook heights up to 645 m (two-fall operation)
• Minimal starting currents – low power consumption
• Infinitely variable speeds
• Secondary brake

FC luffing gear
• Compact design
• Sensitive, infinitely variable travel
• High performance ranges
• Minimal starting current – low power consumption
• Variable speeds
• Secondary brake

FC slewing gear
• Slewing without any jerks and jolts
• Integrated wind load control
• Automatic anti-swing system
• Integrated electrical wind release

BK LBC-607-11.05 This information is supplied without liability. Subject to technical modifications.

Liebherr-Werk Biberach GmbH


Postfach 1663, D-88396 Biberach an der Riss
 +49 7351 41-0, Fax +49 7351 41-22 25
www.liebherr.com, E-Mail: info.lbc@liebherr.com
The 32 TT fast-erecting
crane.
Also on crawler-track
undercarriage.
Multi-talented and supremely
economical. With its innovative technology, the 32 TT fast-erecting crane with
double telescoping action redefines the performance standard in
its size category. The pioneering telescopic action represents a
major step forward. Such a varied range of tasks is unique. For
the operating company, this variety makes the 32 TT supremely
cost-effective.
For use on difficult terrain, this crane is also available on crawler
tracks as 32 TTR providing you with a wealth of benefits on the
building site.

1
Double telescoping action.
Both the tower and the jib of the 32 TT fast-
erecting crane can be extended and re-
tracted telescopically and varied in length
to suit every on-site operating situation.

2
Adaptability means cost effectiveness.
Due to its combination of telescopic jib and
tower and the adaptability with several load
curves, the TT crane guarantees an exceptional
versatility. It can be adapted precisely to indi-
vidual operating situations as well as to the progress of work
on the construction site. With the crawler tracks of the 32 TTR,
rapid relocation from one site to another with full ballast causes
no problems.

3
Unbelievably easy to erect.
The TT crane is not only compact to move
from site to site on the road, it can also be
erected extremely quickly. Its ingenious
erecting linkage lifts the crane on the sup-
port spindles automatically. One person can prepare the
TT crane for operation within about 30 minutes.

4
Powerful drives manu-
factured by Liebherr.
All drives are developed and
produced at the Liebherr
plant in Biberach. They have
been specially designed for crane use and
guarantee a long service life.

 
1 Double
telescoping action.

Varying the length of the jib.


The jib of the 32 TT offers seven different jib lengths and can be positioned at two-metre
extension intervals to provide a fixed working radius. This is possible both with the jib hori-
zontal or when it is raised to an angle. Working from the control panel, the jib is simply run
out to the desired length, using the trolley travel motor, and locked automatically.

Load moment to suit the task in hand.


Each of the jib length settings has its own load moment curve. As the jib is retracted step
by step, the usable load moment goes up each time by more than 10 %. In other words,
the telescopic jib matches load capacity to practical operating needs.

Load moment ranges:


30 mt - 57 mt

Variable hook height.


The TT crane’s solid-wall tower also has a telescopic action. As the building progresses, the
tower can be extended upwards – whether the jib is horizontal or raised at an angle - offering
three different height positions.

 
2 Adaptability means
cost effectiveness.
The innovative 32 TT design principle makes this crane exceptionally versatile. For use on
difficult terrain, this crane is also available on crawler tracks as 32 TTR providing you with
a wealth of benefits on the building site. The 32 TTR with crawler-track undercarriage is
noted for its outstanding mobility and therefore its exceptional economy. Soil pressure is
only 12 N/sq. cm in transport position and 21 N/sq. cm in service. Maximum travel speed
is 25 m/min with a drive rating of 22 kW.

With the tower retracted, this crane is ready for operation immediately after erecting.

The 32 TT standard crane equipped with its road axles can also be run into extremely
narrow gaps between buildings, with the tower either fully erected or half-erected. This
simplifies work on the building site immensely and can save a lot of time in many
operating situations.

A single, versatile TT crane can handle a range of work


that would otherwise need several different types of
crane – a definite economy bonus.

Compact design, quick and easy movement. Obstructions are no problem for the 32 TT. 32 TTR on crawler-track undercarriage flexibly used on the construction of a bridge.
 
3 Unbelievably
easy to erect.
Erecting is so simple.
The TT crane can be erected quickly and easily from the trans-
port position. The erecting linkage is operated conveniently from
the control panel, and the TT crane unfolds automatically.

The TT crane uses its erecting winch and two double guide arms
to reach the vertical position – a completely new sequence of
erecting movements. When the tower is erected – but not yet
extended telescopically – the jib has already moved out to the
working position.

An innovative ballasting technique. Complete and ready to operate.


The erecting winch gives the tower the generous ballasting After ballasting, the TT crane is complete and ready to op-
radius of up to 5 metres. The hoisting winch is then operat- erate. The tower is locked to and released from the slew-
ed to place the ballasting slabs in position. The new semi- ing platform semi-automatically, using the Quick Connection
automatic ballasting tongs and the equally new ballast slab system. Only a wedge is used to secure the taper pins. The
centring system set new standards in this area too. inner tower is locked fully automatically to the outer tower.

The new ballasting tongs help to make ballasting far easier:


they are simply placed in position accurately and released
by hand – the remainder of the process is automatic.

 
4 Powerful drive
systems.
Hoisting and erecting winches.
The hoisting and erecting winches have separate drives. As an optional extra, a
hoist gear with frequency converter is available for continuous speed control be-
tween 0 and 50 m/min.

The EDC slewing gear.


The patented EDC slewing gear is another standard feature of the 32 TT crane.
Its electronic control system permits extremely sensitive, jolt-free slewing move-
ments. Continuously variable working speeds, electronic wind-load regulation, au-
tomatic damping to prevent load oscillation and peak moment limiting to prevent
excessive strain on the crane structure are further advantages of this well-proven
technology. Electronic monitoring allows the crane operator to reverse the slewing
gear by applying power in the opposite direction.

Trolley travel gear.


The trolley travel gear is equipped with a double pole-changing motor that not only
moves the trolley at speeds of either 20 or 40 metres/min but also extends and
retracts the jib.

Every detail carefully planned.


The multifunctional trolley.
The TT’s multifunctional trolley changes gauge automatically as it passes from the heel section to the
outer section of the jib. Working from the control panel, the trolley is automatically halted if the jib is to be
telescopically extended. When the jib is at its new length, the crane operator locks it in position from the
control panel, after which the trolley is free to move again. It’s as simple as that: when the trolley is halted,
the jib can be moved in or out; when the jib is halted, the trolley can be moved.

Hoisting and erecting winches. EDC slewing gear. Patented automatic rope re-reeving. Trolley travel gear.
10 11
Performance overview.

Working radii Multifunctional trolley


7 jib lengths: Automatic rail-gauge changeover
18.0 m, 20.0 m, 22.0 m, 24.0 m,
26.0 m, 28.0 m, 30.0 m Automatic re-reeving
Double-reeved or double-quadruple-
Hook heights reeved (optional extra)
14.5 m, 19.0 m, 24.0 m
Switch cabinet
20° raised Contactor control system
jib position
(optional extra) Hoist gear
3x pole-changing 11.0 kW
Slewing radii or with frequency converter
2.5 m, 2.75 m 11.0 kW (optional extra)

Length for EDC slewing gear


road transport 32 TT: standard feature 2.2 kW
16.7 m 32 TTR: standard feature 3.0 kW

Simple erecting Trolley travel


linkage gear drive
2.6/3.5 kW
Patented ballasting
Operating support
system Automatic locking
(optional extra)
Control stand
Ballast (optional extra)
Self-centring (optional extra)
Semi-automatic ballasting tongs Crawler-track
Crane movement undercarriage
Compact design
in upright position Low ground contact pressure
32 TT: on axles Excellent off-road mobility
32 TTR: on crawler tracks Rapid relocation with full ballast

Printed in Germany by MZA. LBC-626-04.07-3gb This information is supplied without liability. Subject to technical modifications.

Liebherr-Werk Biberach GmbH


Postfach 1663, D-88396 Biberach an der Riss
 +49 7351 41-0, Fax +49 7351 41-2225
www.liebherr.com, E-Mail: info.lbc@liebherr.com
The MK 100 mobile Overview of
construction crane. performance data.
The way forward. Chassis
• Transport with all equipment in place
• Can be driven in the upright position
• Large slope clearance angle of up to 12°
• Minimum turning circle 11.28 m
with all-wheel steering
• Large 14.00 R25 tyres:
generous ground clearance, reduced wear
Variable-height lift cabin Powertrain and steering
• Stepless height adjustment up to 30.0 m
• Powerful Liebherr 6-cylinder
• Best possible view of the work area
338 kW turbocharged diesel engine
• Operation of the crane is possible in
• Automated-shift AS-TRONIC gearbox
all cabin positions
• 12 forward and 2 reverse gears
• Safety glass windows all round
• Low fuel consumption
• User-friendly armrest controls
• Two-speed transfer box
• Ergonomic control levers
with lockable differential
• Wash/wipe system
• Intarder
• Roller sun blinds
• Permanent drive to axles 1, 3 and 4,
• Preparation for radio
optional drive to axle 5
• Automatic anti-lock system ABV
Technical data and • Anti-slip regulation system ASR
specifications • Six steering modes: road steering, all-wheel
Telescopic jib 44.0 m/52.0 m steering, diagonal travel, reduced swing-out,
Hook height 25.0 m/33.0 m independent rear-axle steering, rear-axle stee-
Hook heights with jib ring locked
at 30° angle 54.0 m/58.0 m • NIVEAUMATIC hydro-pneumatic suspension
Max. lifting capacity 8,000 kg • Max. road speed: 75 km/h
Load at jib end 1,600 kg
Supports
Stability • Variable support base, 5.95 m and 8.20 m
• Crane stability maintained • Fully-automatic levelling system
at wind speeds of up to 20 m/s • Control panels on both sides
• No disassembly required • Support pressure display (optional)
when not in operation
• Additional ballast of 2.35 t possible Comfortable driving cabin
• Modern design, high level of functionality
Drives • Unobstructed view of the road
Infinitely variable drives • Safety glass windows all round
Hoisting and erecting winch 30 kW, FC • Digital display and keypad units
Trolley travel winch 4.0 kW, FC • Pneumatically sprung driver’s and
Slewing gear 7.5 kW, FC co-driver’s seats
Generator 57 kVA • Heated and electrically adjustable
outside mirrors
Controls • Seat belts for driver and passenger
Operating range restriction ABB (optional) • Windshield wiper with automatic
Load moment limiting LMB wash/wipe function

Printed in Germany by Eberl BK-ED LBC-572-12.04-5.e This information is supplied without liability. Subject to technical modifications.

Liebherr-Werk Biberach GmbH Liebherr-Werk Ehingen GmbH


Postfach 1663, D-88396 Biberach an der Riss Postfach 1361, D-89582 Ehingen
 +49 7351 41-0, Fax +49 73 51 41-22 25  +49 7391 502-0, Fax +49 7391 502-33 99
www.liebherr.com, E-Mail: info.lbc@liebherr.com www.liebherr.com, E-Mail: info.lwe@liebherr.com
1
Compact and highly manœuvrable.
The MK 100 mobile construction crane is very compact and extremely
manœuvrable. The driver’s cabin affords a clear and unrestricted view.
All five axles can be steered, for optimum manœuvrability even when
construction site conditions are difficult. Six electronic travel modes
are available at the push of a button to assist the driver when manœu-
vring in a variety of conditions.

2
Program-controlled one-man erecting.
The entire erecting procedure is fully program-controlled. The
desired hook height is preselected, and the entire process of
erecting the crane is then carried out and monitored automati-
cally. Only one radio remote control lever needs to be operated.
The MK 100 mobile construction crane is extremely stable in ac-
cordance with DIN 15019, and does not need to be disassembled when it is not
in operation and the jib is horizontal. The crane is suitable for operation at wind
speeds of up to 20 metres per second.

3
Comfort, convenience
and high functional efficiency.
Both the modern driver‘s cabin and the variable-height lift cabin
satisfy the latest ergonomic design requirements. High levels of
functionality and comfort create perfect conditions for concen-
trated, safe working. All the controls are laid out ergonomically,
for safe and efficient operation even in continuous use. The steplessly adjustable
lift cabin offers a perfect view of the load.

4
Quality – down to the smallest detail.
Many of the individual components of this mobile construction
crane have been specially designed for construction-site appli-
cations. Switchgear cabinet, winches, drives, slewing connec-
tion and controls have all been developed and manufactured by
Liebherr. These in-house components are of advanced techni-
cal design and high quality combined with utmost benefits for
the user.

2 3
1
Compact and extremely
The MK 100 mobile construction crane travels fully equipped with tower, jib, complete ballast, electri-
cal generator and variable-height lift cabin. When ready for transport, the crane is only 16.65 m long,
with a width of 3.0 m and a height of 4.0 m. It is not necessary to carry additional ballast.

manœuvrable. Optimum manœuvrability.


For optimum manœuvrability, all five axles can be steered. Six electronic driving programs are avail-
able at the touch of a button to assist the driver when manœuvring in a variety of situations. They
include: road steering, all-wheel steering, diagonal travel, reduced swing-out, independent rear-axle
steering and rear-axle steering locked out of use.

4 5
Straßenlenkung Allradlenku
Straßenlenkung Allr

Modern powertrain Straßenlenkung Allradlenkung Hundeganglenkung


Straßenlenkung Allradlenkung Hundegan

and steering concept. Road steering.


Axles 1 and 2 are steered mechanically from
the steering wheel with hydraulic power
assistance. Axles 3, 4 and 5 are “actively“
All-wheel steering.
Allradlenkung
Axles 3, 4 and 5 are steered from the steer-
Allradlenkung
ing wheel as a function of the wheel lock
angle at axle 1. These axles are turned suf-
Diagonal travel.
Hundeganglenkung
Axles 3, 4 and 5 are turned from the steer-
Hundeganglenkung
ing wheel in the same direction as the axles
1 and 2.
Lenkung o
Le
Ausscherm
Au
steered according to the front wheel lock an- ficiently to obtain the smallest possible turn-
gle and the speed of the vehicle. At speeds ing circle.
above 30 km/h, axles 3 and 4 are locked in
Variable steering concept with the straight-ahead position; axle 5 is locked Hundeganglenkung
at speeds above 60 km/h.
Lenkung ohne
Lenkung ohne
Unabhängige
Unabhängi
Hundeganglenkung Ausschermaß Hinterachslenkung
active rear-axle steering. Ausschermaß Hinterachs
One of the major benefits of the MK 100’s powertrain and steering concept is the speed-
dependent active rear-axle steering which complies with high safety standards. Tyre wear is
reduced and manœuvrability significantly improved. Six steering modes can be selected via Lenkung ohne Unabhängige Hinterachs
Lenkung ohne Unabhängige Hin
fixed programs. Ausschermaß Hinterachslenkung blockiert
Ausschermaß Hinterachslenkung blo

Reduced swing-out. Independent rear-axle steering. Disabled rear-axle steering.


Fast on the road. Axles 3, 4 and 5 are steered, depending Unabhängige
Axles 1 and 2 are steered from the steering Axles 3, 4 and 5Hinterachslenkung
cannot be steered.
on the wheel lock angle at axle 1, in such a wheel,Unabhängige
axles 3, 4 and 5 are steered by means
Hinterachslenkung Hinterachslenkung
The Liebherr 6-cylinder turbocharged diesel engine delivers 338 kW and makes this crane a way that rear end swing-out is reduced to a of buttons independently of the wheel lock
blockiert
Hinterachslenkung blockiert
fast mover. This robust, reliable engine complies with the EURO 3 emissions standard and is minimum. angle at axles 1 and 2; the wheel lock angle
of axle 3 is adjusted individually.
controlled by an electronic engine management system.
Hinterachslenkung
The AS-TRONIC automated-shift gearbox provides 12 forward and 2 reverse gears and helps blockiertHinterachslenkung
to achieve a significant reduction in fuel consumption. blockiert

Other benefits: the automatic anti-lock system (ABV) enhances driving safety, the anti-slip
regulation system (ASR) prevents the wheels from losing traction when the crane pulls away
from a standstill. An Intarder is also standard equipment.

NIVEAUMATIC suspension.
The NIVEAUMATIC suspension system protects both the crane and the road surface. Cross-
connection of the hydro-pneumatic suspension units guarantees stability when cornering.
The vehicle’s ride height can be automatically adjusted from any position to the target level at
a pushbutton in the driver‘s cabin. Suspension travel of plus/minus 100 mm is available.

6 7
2 Program-controlled
one-man erecting.
The MK 100 mobile construction crane is designed for one-man erecting at the push of a button. It
can travel in the erected position. Depending on the chosen application, 3 different crane erecting
curves are available. The desired hook height is preselected, and the entire program-controlled
crane erecting process then takes place and is automatically monitored. The time needed for
erecting the crane completely is only about 15 minutes.

The new torsionally rigid, solid walled tower with two-stage telescoping action provides hook
heights of 25.0 m and 33.0 m with the jib horizontal or 54.0 m and 58.0 m when it is raised to
a 30° angle.

The new erecting system reduces loads on the sliding guides of the telescopically
extending tower. The system needs very little maintenance and guarantees a long
service life.

The four-part telescopically extending jib is of a lattice construction and


has a very narrow, high airborne erecting curve that occupies only a mini-
mum space above the crane. It can be erected over obstacles with a
height of up to 17.0 m. Jib length is variable and can be extended or
retracted telescopically with program control from 44.0 m to 52.0 m.

The jib can be moved from its horizontal position to the 30° raised posi-
tion within two minutes if required.

8 9
3 Comfort, conven-
ience and high
functional efficiency.
The modern driver’s cab.
The modern driver’s cab is a highly functional unit with a clear and unobstructed view of the road,
an excellent level of comfort and thoroughly impressive design. Hydraulic damping, internal trim
panels for noise and heat insulation and pneumatically sprung, continuously adjustable seats are
all standard features of this new mobile construction crane. All the controls are arranged in an er-
gonomic layout, for safe, convenient operation even during lengthy working periods. Other comfort
benefits include safety glass all around, heated and electrically adjustable outside mirrors, seat
belts for driver and passenger, preparation for radio installation and various stowage shelves and
compartments.

Variable-height lift cabin.


The MK 100’s lift cabin has tempered safety glass windows all around. Its height can be continu-
ously adjusted up to 30.0 m. It can now also be moved up and down the tower at a higher speed.
Operation of the crane is possible in any cabin position. This is a key advantage, as it means that
the load can be set down with pinpoint accuracy and the operator has the best possible view of
the work area. The crane cabin offers exceptional comfort and user–friendliness and can also be
equipped with camera systems. The user-friendly armrest controls, adjustable master-switch pan-
els and master-switch armrests ensure that the operator does not tire on the job. This lift cabin has
a front window that can be opened and has large wipers; there are roller sun blinds at the front and
side windows.

10 11
4 Quality – down to
the smallest detail.
Components of Liebherr’s own manufacture, including the switchgear cabinet, winches, drives and slewing
connection, are perfectly matched to construction-site requirements.
1

1 Switchgear cabinet.
The decentral control technology and the frequency converters for the stepless drives used throughout are
linked via CAN BUS to the switchgear cabinet. This technology increases functional efficiency and cost ef-
fectiveness even further, as well as offering benefits in terms of ease of maintenance and diagnostic capabili-
ties.

2 Mains-independent electric power supply.


Electric power for the MK 100 can either be taken from the mains supply or from an on-board diesel-engined
generator rated at 57 kVA. This makes it possible to work on construction sites without being dependent on
a mains power line.
2
3 Control and display panel.
The control panel for the complete erecting process is simple and has a very clear layout. It shows the dis-
plays and graduated scales for the crane sensors. All operational data are displayed here.

4 Electrical distribution.
The MK 100’s highly versatile electrical power supply system has
fault-current protection. The following connecting options are provid-
ed: three earthed power sockets, two 16 A connections and one 32 A
connection.

3 5 Crane support control unit.


The crane is supported and automatically leveled at two control panels
on the chassis. 5.95 m x 8.25 m or 8.2 m x 8.25 m support bases are
available.

2
1

3
4 5

12 13
Powerful stepless
FC drives.
All drive systems are integrated into the superstructure. The drives for the hoisting, erecting and trolley
travel gear, jib guying winch and slewing gear are all supplied from frequency converters (FC) so that
full stepless speed control is possible. High-performance winches manufactured by Liebherr handle
the loads with precision. They have been specially designed for crane use and tested under harsh
endurance-test conditions.

High-performance
FC hoisting winch.
The frequency converter controlled high-perform-
ance hoisting winch provides an exceptionally
broad range of speeds and performance levels.
This enables the crane both to lift its maximum
load at the hook, but also to achieve high off-load
hook speeds.

The crane operates exclusively in the double-


reeved mode. No time-intensive re-reeving work
is required.

The hoisting gear is driven by Liebherr-built mo-


tors. Stepless control of their speed is possible.
The key advantages of this system include auto-
matic load detection, operation at micro-speeds,
utilisation of the full control lever travel and the
ability to stop the load without engagement of the
hoisting gear brake. A positioning mode is also
available.

FC slewing gear.
The FC slewing gear drive permits totally jerk and
judder-free slewing movement, with micro-speeds
available. Electronic wind load regulation detects
and suppresses wind and load influences. The au-
tomatic load vibration damping system identifies
and prevents vibration in the crane and oscillation
of the load. Counter-current can be applied in ab-
solute safety.

FC trolley travel gear.


The Liebherr FC trolley travel gear is notable for
impressively smooth, stepless movement, with
a wide performance range and high trolley travel
speeds, particularly under load.

Liebherr’s own high-performance winches. The drive assemblies are easily accessible for servicing. The MK 100 has stepless trolley travel speeds. All loads are
lifted in the double-reeved mode.

14 15
The MK 100 mobile Overview of
construction crane. performance data.
The way forward. Chassis
• Transport with all equipment in place
• Can be driven in the upright position
• Large slope clearance angle of up to 12°
• Minimum turning circle 11.28 m
with all-wheel steering
• Large 14.00 R25 tyres:
generous ground clearance, reduced wear
Variable-height lift cabin Powertrain and steering
• Stepless height adjustment up to 30.0 m
• Powerful Liebherr 6-cylinder
• Best possible view of the work area
338 kW turbocharged diesel engine
• Operation of the crane is possible in
• Automated-shift AS-TRONIC gearbox
all cabin positions
• 12 forward and 2 reverse gears
• Safety glass windows all round
• Low fuel consumption
• User-friendly armrest controls
• Two-speed transfer box
• Ergonomic control levers
with lockable differential
• Wash/wipe system
• Intarder
• Roller sun blinds
• Permanent drive to axles 1, 3 and 4,
• Preparation for radio
optional drive to axle 5
• Automatic anti-lock system ABV
Technical data and • Anti-slip regulation system ASR
specifications • Six steering modes: road steering, all-wheel
Telescopic jib 44.0 m/52.0 m steering, diagonal travel, reduced swing-out,
Hook height 25.0 m/33.0 m independent rear-axle steering, rear-axle stee-
Hook heights with jib ring locked
at 30° angle 54.0 m/58.0 m • NIVEAUMATIC hydro-pneumatic suspension
Max. lifting capacity 8,000 kg • Max. road speed: 75 km/h
Load at jib end 1,600 kg
Supports
Stability • Variable support base, 5.95 m and 8.20 m
• Crane stability maintained • Fully-automatic levelling system
at wind speeds of up to 20 m/s • Control panels on both sides
• No disassembly required • Support pressure display (optional)
when not in operation
• Additional ballast of 2.35 t possible Comfortable driving cabin
• Modern design, high level of functionality
Drives • Unobstructed view of the road
Infinitely variable drives • Safety glass windows all round
Hoisting and erecting winch 30 kW, FC • Digital display and keypad units
Trolley travel winch 4.0 kW, FC • Pneumatically sprung driver’s and
Slewing gear 7.5 kW, FC co-driver’s seats
Generator 57 kVA • Heated and electrically adjustable
outside mirrors
Controls • Seat belts for driver and passenger
Operating range restriction ABB (optional) • Windshield wiper with automatic
Load moment limiting LMB wash/wipe function

Printed in Germany by Eberl BK-ED LBC-572-12.04-5.e This information is supplied without liability. Subject to technical modifications.

Liebherr-Werk Biberach GmbH Liebherr-Werk Ehingen GmbH


Postfach 1663, D-88396 Biberach an der Riss Postfach 1361, D-89582 Ehingen
 +49 7351 41-0, Fax +49 73 51 41-22 25  +49 7391 502-0, Fax +49 7391 502-33 99
www.liebherr.com, E-Mail: info.lbc@liebherr.com www.liebherr.com, E-Mail: info.lwe@liebherr.com
The EC-B
Flat-Top cranes.
New ideas –
new technology.
EC-B Flat-Top cranes.
1
The small and medium-sized

Connect and Work. EC-B cranes.


Crane operators in medium-sized building
projects can choose between nine small and
medium-sized EC-B Flat-Top cranes. On these
Liebherr works consistently on developing modular systems for simple, practical and quick assembly and EC-B cranes, the compact head contains the
which take into account the relevant safety aspects. The customer benefits from many simplifications, such hoist gear, slewing gear, the central switchgear and the
as the quick-connection system for jib and counter-jib, new LiConnect jib connection system, a removable, complete slewing ring support. The trolley travel gear is
pin-down crane cab, pin magazines and electric plug connections to the drive units and switchgear. Even housed in such a way in the jib pivot section as to make
electronic function modules such as work-area limitation (ABB) and remote data transmission (DFÜ) follow a it easily and safely accessible straight from the compact
modular system and are easily extended. All assemblies come pre-installed. head. Crane operators have the option of using the crane
and all its functions with or without the cab.
Connect and Work – Assembly simplifications for practical use. Only at Liebherr.

2
The large EC-B cranes.
Five large, Litronic EC-B Flat-Top cranes guar-
antee up to 20 % greater load capacities at the
touch of a button and ensure excellent mate-
rial-handling on your construction site.
High hook heights and large load capacities are the large
EC-B Flat-Top cranes’ specialisations. The compact head on
these cranes contains the entire switchgear, the slewing ring
support, the movable comfort cab, the slewing gear and the
fold-out frame.

3
Completely new jib technology.
The EC-B jib sections are tight-welded. Inter-
nal rust and corrosion don’t stand a chance.
The EC-B crane LiConnect quick jib connec-
tion system has been designed from scratch
and patented. With the help of LiConnect, the jib sections are
quick, safe and easy to fasten in place.

4
Liebherr high-performance drive units.
All drives used on the EC-B Flat-Top cranes
were developed and even manufactured at the
Liebherr Group’s own competence centre for
drive technology in Biberach. These intelligent
drives offer excellent operating safety and are uncompromis-
ingly efficient. High-performance drive units from Liebherr lead
to significant increases in material handling output. Whether
one-speed or two-speed FC hoist gear, FC or EDC slewing gear
or FC trolley travel gear, we have the right drive for every job.

2 3
1 The small and
medium-sized EC-B cranes.
These Liebherr cranes are characterised by their quick, easy assembly. The compact head is mounted by an
auto crane in a single lift. All drive pedestals and rails are zinc-coated and designed to last. All drives are easy
and safe to reach for maintenance work straight from the compact head.
The newly designed comfort cab is attached and removed by means of quick-release fastenings and is iden-
tical for all small and medium-sized EC-B cranes. This cuts crane fleet costs. The cranes are used in either
2-fall or 2/4-fall mode, or exclusively in 2-fall where the FR.tronic version is concerned.

4 5
Connect and Work.
Quick assembly.
Preassembly of the newly designed counter-jib is carried out in just a few ma-
noeuvres on the ground. The rails have a fold-out design, meaning once unfolded
all rails are fully attached. Assembly has also been simplified by means of fold-
out assembly supports for use in positioning the counter-jib guying sys-
tem. The guy rods are in the exact assembly position.
The compact head is put in place by an auto crane in a
single lift. This compact head is delivered pre-installed.
Only a few plug connections are needed to complete
the electric installation. Pin magazines are positioned
within easy reach. As soon as the compact head has
been positioned on the tower, it can be slewed
into the perfect assembly line.

Fold-out rails for minimal preparatory work. Rapid pinning of the counter-jib guying systems.
6 7
Connect and Work.
Sophisticated
assembly technology.
An important feature of EC-B Flat-Top cranes is the emphasis placed
on quick and easy assembly during their construction: exact positioning
of the counter-jib guying system, preset lifting tabs for the auto-crane
hoist and slots for the jib and counter-jib connections. New quick-release
fastenings also make pinning the jib and counter-jib considerably easier.
The counterweights for EC-B cranes of up to 130 mt are all identical.
Having reduced the weight of individual package units, small, cost-effec-
tive mobile cranes can be used for assembly.

Simultaneous ballasting and reeving of the hoist Simple pinning of the jib pivot section. The new quick connection system for jib and counter-jib.
rope saves precious time.
8 9
Crane operation
with cab or without:
You choose.
Crane operators have the choice between operating the crane with all its func-
tions with the cab or without. The wiring is plugged in in just a few moves. The
new cab, mounted outside the tower with quick-release fastenings, is the same
for cranes of type 50 EC-B 5 to 130 EC-B 6 and can thus be fitted to any EC-B
crane in this size category. These cranes can easily be operated using radio
remote control too, with acknowledgement of the crane parameters.
An electronic monitoring system (EMS) is available as an option when equip-
ping the FR.tronic crane. The following electronic modules are easily extended:
load-moment limitation (LMB), work-area limitation (ABB), machine data analy-
sis (MDA), anti-collision system (AKS) and remote data transmission (DFÜ).

The clearly and ergonomically designed crane cab. All crane data visible.
10 11
2 The large
EC-B cranes.
The large EC-B cranes set standards on the market for Flat-Top cranes: the compact head forms
a central unit which is mounted in a single lift. These cranes offer well-staggered working radii up
to 75 m and maximum load capacities of up to 12 t. All drives are stepless.
The large EC-B cranes are available exclusively in the Litronic version. Litronic cranes provide
20 % greater load capacities at the touch of a button. The Litronic control system incorporates
the load-moment limitation system (LMB), the work-area limitation system (ABB) and the ma-
chine data analysis system (MDA). The anti-collision system (AKS) and remote data transmission
are optional extras. All assemblies come pre-installed.

The comfortable workspace in the sound-proofed, heat-insulated complete-visibility cab pro-


vides an unhindered view of the entire working environment, meaning every load is perfectly po-
sitioned. The control panels for all functions are integrated into the seat and can be repositioned
in a multitude of ways. Roll-down sunblinds protect from the sun’s rays and prevent dazzling. Air
conditioning is also available as an option.

12 13
The compact head.
The central feature in the EC-B series is the newly developed compact head. The com-
plete unit contains movable cab, switchgear cabinet, fold-out frame, slewing gear, slew-
ing ring with slewing ring support and current collector. The electrics are soon con-
nected by means of just a few plugs. Just one central switchgear cabinet is integrated
into the compact head for the whole crane. Maintenance work is easy and safe to carry
out. The compact head of the EC-B cranes leaves the factory completely pre-installed.

The compact head can be transported in a standard truck and mounted by an auto crane
in a single lift, with no intermediate hanging. The fold-out frame and the counter-jib guying
system are simultaneously moved into assembly position, ready for operation. For use on
construction sites, the comfort cab is simply shunted forwards. Connect and Work.

A single lift and the compact head is ready for operation.


14 15
One lift from the truck and it’s up on the tower.
With no intermediate hanging of the compact head, this central unit is hoisted onto the
tower in a single lift. As soon as the compact head has been mounted onto the tower and
the electric connection established, it can be slewed straight into the ideal assembly posi-
tion. The compact head leaves the factory completely pre-installed.

Assembly-friendly transport.
For efficient transportation, the counter-jib is loaded using a piggyback system. Again, the
rear part of the counter-jib is pinned directly to the rest of the counter-jib from in the truck.
The compact head is transported upright in the truck. The entire EC-B series is laid out in
standard 40‘ containers for loading. The entire upper part of the 280 EC-B 12 Litronic crane
can be transported at maximum radius in four standard 40‘ containers.

Upright transportation of the compact head in the truck. Piggyback loading of the entire counter-jib.
16 17
3 Completely new
jib technology.
The complete jib is pre-assembled on the ground. The jib sections are tight-welded to protect them from
internal rust and corrosion.

The new quick jib connection system: LiConnect.


The jib sections are quickly and securely fixed together using the new LiConnect quick jib connection system.
Centring pins ensure a perfect and automatic centring of the lower chord.
The transport position of the hook block is also new. On cranes of up to 130 mt, the hook block is now inte-
grated into the jib pivot section for transport. Upon assembly, the hook block is released using a crank and
reeving carried out with ease. In the FR.tronic version, the load hook is integrated into the trolley for transport.

Hook block transport position. The new LiConnect quick jib connection system. Tight-welding ensures a long life.
18 19
Connect
and Work.
Liebherr works consistently on developing simple, quick and safe assem-
bly systems. Many new ideas and innovations have been incorporated as
practical details in the crane design. Plug connections ensure a quick erec-
tion. Even the high-performance hoist gear is quickly assembled using plug
connections. The new LiConnect quick-jib connection is patented and sets
new standards. The pin magazines sit in just the right place, within easy
reach. The crane cab itself can be taken on and off and is quickly installed
with the help of electric plug connections. Many sophisticated details come
together for quick assembly times.

Electric plug Hoist gear electric plug Quick connection system New LiConnect quick-jib connection. Pins in just the right place, within easy reach.
connections. connections. for jib and counter-jib.
20 21
4 Liebherr high-
performance drive units.
All drives used on EC-B Flat-Top cranes were developed and manufactured at the Liebherr The FC trolley travel gear.
Group’s own competence centre for drive technology in Biberach. High-performance Liebherr FC trolley travel gear is known for its delicate, stepless travel. A cable stor-
drives from Liebherr ensure safe, quick and efficient handling of loads. Their low power age area is integrated into the cable drum for short working radii. Liebherr trolley
consumption also has a noticeably positive effect on operating costs. travel gear offers excellent performance ranges and high trolley travel speeds, espe-
cially under load.
The FC hoist gear.
When selecting hoist gear drives, you have a choice between one-speed and two-speed
frequency controlled high-performance drives. They come with different capacities depend-
ing on operations. The greatest advantages they offer include automatic load detection,
micro-speed travel, use of the entire control-lever travel range and load retention without
application of the hoist gear brake. The load is delicately positioned at the touch of a button
on the control panel.
These drives make safe command and optimal control of the crane really easy.

The FC slewing gear.


The FC slewing gear drives enable absolutely jolt- and jerk-free slewing at micro-speeds.
Wind and load influences are all detected. Integrated anti-sway damping detects and
compensates for crane vibration and load swing. The integrated electrical wind release
can be activated directly at the base of the tower.
A completely new development is personalised slewing.
The crane operator now has a choice between three
different operating modes: rotational-speed control,
torque control or a combination of the two.

All drives are safe to access straight from the compact Frequency High-performance hoist gear for high material-handling performance The FC slewing gear for delicate,
head on small and medium-sized EC-B cranes. controlled FC is quick to install using plug connections. jolt-free slewing movements.
22 23
trolley travel gear.
Overview of
advantages.

Series Connect and Work FR.tronic


• 14 crane types from 50 - 280 mt: assembly • All drives frequency controlled
50 EC-B 5 • Low assembly weights – small auto crane • Stepless lifting, lowering and travel
63 EC-B 5 • Pin magazines positioned within easy • Can be used on 50 Hz or 60 Hz and
71 EC-B 5 reach in tower 400 V or 480 V power supply
90 EC-B 6 • Quick connection system
90 EC-B 6 FR.tronic for jib and counter-jib FC hoist hear
110 EC-B 6 • Jib: from 71 EC-B 5
110 EC-B 6 FR.tronic - New LiConnect quick jib connection • Automatic adjustment to load
130 EC-B 6 - Jib sections tight-welded (from 30 kW FC)
130 EC-B 6 FR.tronic - Pin magazines • Liebherr motor
160 EC-B 6 Litronic - Jib with safety rope • Low-maintenance single-disc
160 EC-B 8 Litronic - Hook-block park position in jib spring-loaded brake
200 EC-B 10 Litronic pivot section (50 – 130 EC-B) • Micro-positioning of load
250 EC-B 12 Litronic • Counter-jib: • Stepless speed change through zero
280 EC-B 12 Litronic - Fold-out supports for counter-jib • Positioning mode – hoist speed reduced
guying system enabling highly- to ¼ (from 30 kW FC)
Compact head accurate assembly position
completely pre-installed incl. hoist gear - Fold-out counter-jib rail (50 – 130 EC-B) FC trolley travel gear
(50-130 EC-B), slewing gear, slewing ring - Piggyback loading (160 – 250 EC-B) all EC-B cranes
support, switchgear cabinet, cab • Compact construction
• Drives and switchgear cabinet easily Operation • Trolley travel gear with rope-storage
accessible • Very small working radii possible facility for small working radii
• Plug connections on the drive units • Radio remote control operation • Delicate, stepless travel
• One transport package, upright with acknowledgements • Excellent performance ranges
• One assembly hoist and high trolley travel speeds
• Uniform comfort cab with modern design: Litronic
- Removable • Monitors, controls and coordinates FC or EDC slewing gear
- Can be shunted in transport position all important crane functions from 71 EC-B 5
(160-250 EC-B) • 20 % greater load capacities • Absolutely jolt- and jerk-free slewing
- Identical on all cranes up to the at the touch of a button • Integrated wind-load control
130 EC-B and from the 160-250 EC-B • Electronic module for load-moment limi- • Automatic anti-sway damping
- EMS with basic function and radius tation (LMB), work-area limitation (ABB), • Integrated electrical wind release
display (optional) anti-collision system (AKS), machine • Personalised slewing via:
- Heating with thermostat and time switch data analysis (MDA) and remote data - Rotational-speed control
- Wiper system transmission (DFÜ) - Torque control
- Combination of rotational-speed
Modular design and torque control
• Many possible tower-system
combinations within the series
• Customised crane configuration

Printed in Germany by Eberl LBC-627-03.07.8gb This information is supplied without liability. Subject to technical modifications.

Liebherr-Werk Biberach GmbH Liebherr Industrias Metálicas, S.A.


Postfach 1663, D-88396 Biberach an der Riss Polígono Industrial Agustinos, Apartado 4096, E-31014 Pamplona
콯 +49 7351 41-0, Fax +49 7351 41-2225 콯 +34 948 29 70 00, Fax +34 948 29 70 29
www.liebherr.com, E-Mail: info.lbc@liebherr.com www.liebherr.com, E-Mail: info.lim@liebherr.com
Progress as a
modular system.
EC-H and EC-B cranes.
The modular-element
1
Good working
conditions boost
system offers much productivity.
Modern, ergonomic cabin de-

greater benefits.
2
sign and excellent operating
convenience help the operator to concentrate
on the task in hand – an important precondi-
Intelligent high-
tion for tower crane efficiency.
performance
Liebherr tower cranes are of modular design so that every crane can be configured to meet drivelines.
individual requirements. Liebherr’s stepless high-
The undercarriages or bases, tower elements, adapter sections, jib segments and drive- performance drivelines
lines can be combined freely among the EC-H and EC-B crane systems. This offers decisive deliver much higher load-handling per-
benefits for crane fleet operators. formance. There is an ideal driveline for
every purpose: single-, two- or three-
speed hoist gear, slewing gear and trolley
travel gear all with frequency converter
control. Liebherr’s intelligent driveline con-

3
cepts mean highly reliable operation and
uncompromising efficiency – and their low
Fast
electricity consumption reduces operating
assembly. costs significantly.
Assembly times are
shortened consider-
ably by transport in
the subsequent erecting sequence
and application-orientated assem-
bly. The cranes can be assembled
with very little effort – another ad-
vantage of Liebherr’s economical
design principles.

4
Safety monitoring during climbing.
Climbing is fast and safe with the new monitoring sys-
tem. Every climbing step is monitored by sensors. Lieb-
herr’s climbing mechanism with its safe, integrated hy-
draulics increases climbing speed for each successive
section of the tower.

2 3
Practical as
sem
technology bly

The EC-H
crane system.
EC-H cranes in the size category from 112 metre-tonnes upwards set the
standard in today’s tough construction-site conditions, either as standard EC-H
cranes in FR.tronic version or as EC-H Litronic cranes, which can sustain up to
20 percent higher loads at the push of a button. The Litronic crane control sys-
tem is built up from several electronic modules.

The EC-H’s spacious cabin sets the standards in design and operator conven-
ience. The large windows ensure optimum visibility.

EC-H cranes can be transported inexpensively, have innovative drivelines and


are fast and easy to set up. Their performance ratings are ideal for medium and
large construction projects.

Cranes are transported in the subsequent assembly sequence, divided into


compact transport units consisting of the main crane sub-assemblies. The
EC-H slewing platforms and counter-jibs are completely pre-installed before
leaving Liebherr’s Biberach production plant.

4 5
sembly
Practical as gy
technolo

The EC-B crane system.


The small and medium-sized EC-B cranes.
Crane operators in medium-sized building projects can choose between ten small and medium-
sized EC-B Flat-Top cranes from 30 mt to 130 mt in standard or FR.tronic version. These cranes
are available in either 2-fall or 2/4-fall version, or exclusively in 2-fall where the FR.tronic version
is concerned. On these EC-B cranes, the compact head contains the hoist gear, the slewing
gear, the central switchgear and the complete slewing ring support. The trolley travel gear is
housed in such a way in the jib pivot section as to make it easily and safely accessible straight
from the compact head. Crane operators have the option of using the crane and all its functions
with or without the cab.

The large EC-B cranes.


Four large EC-B Flat-Top cranes from 160 mt to
250 mt in Litronic version guarantee up to 20 %
greater load capacities at the touch of a button
and ensure excellent material-handling on your
construction site. High hook heights and large
load capacities are the large EC-B Flat-Top
cranes‘ specialisations. The compact head on
these cranes contains the entire switchgear, the
slewing ring support, the movable comfort cab,
the slewing gear and the fold-out frame.

6 7
Tower systems
for every task.
Equipment is available for a wide variety of applications: rail-going and stationary
undercarriages and cruciform bases as well as tower systems.
Liebherr towers for crane sizes up to 256 HC / 290 HC have tight-welded, closed corner posts and
diagonal elements. The tower connections at each corner consist of two drop forgings and two
heavy-duty bolts subject to tensile rather than shear loads. These zero-clearance connections are a
guarantee of the Liebherr crane tower’s long life.

The stationary cruciform base with foundation blocks. The support spindles for rapid The rail-going undercarriage. The rail track wheel assembly. Liebherr’s zero-clearance bolted connection. Liebherr’s zero-clearance taper-pin connection for
levelling. large cranes.
8 9
1 Top comfort
for increased
productivity.
Modern cabin design.
The control centre and a comfortable workplace with an unobstructed view of the load and
the site are located in the full-view noise-proofed and temperature-insulated cabin. Every
load can thus be positioned optimally. This ergonomic cabin is the key to safe, concentra-
ted work and high load-handling capacity.

Ergonomic controls.
The controls in the full-view cabin are exceptionally convenient to use. The panels for all
control functions are integrated into the seat, with a wide range of position adjustment.
The EMS electronic monitoring system, the control levers and the driver’s seat are well
matched to form a perfect ergonomic unit. Air conditioning is available as an optional
extra.

The Litronic crane system.


The standard EMS electronic monitoring system is the control and display device for all
Liebherr crane displays and the control and monitoring systems. The maximum load on
Litronic cranes can be increased by 20 percent at the push of a button. The Litronic crane
control system consists of several electronic functional modules.
The electronic modules, that is to say the LMB load moment limiting system, the ABB
work area limiting system and the MDA machine data analysis system, are standard on
all cranes. The AKS anti-collision system and DFÜ remote data transmission system are
available as optional extras. All sub-assemblies are pre-installed.

EMS system

The modern, ergonomic cabin design provides a Well-designed controls for maximum
relaxed, stress-free working environment. convenience.
10
2 Intelligent high-
performance
drive systems.
High-performance drives from Liebherr ensure safe, quick and efficient han-
dling of loads. Their low power consumption also has a noticeable positive
effect on operating costs. All drives were developed and manufactured at the
Liebherr Group’s own competence centre for drive technology in Biberach.

Frequency-converter hoist gears.


Liebherr top-slewing cranes feature high-performance drive systems for maxi-
mum load-handling capacity and economy. Frequency-controlled high-per-
formance single-, 2- and 3-speed frequency-converter drive systems with vari-
ous power outputs are available for any kind of application. All loads are lifted
by a double-reeved rope, which saves a lot of time.
Some of the most significant advantages include automatic load detection,
micro-speed travel movement, use of the entire control-lever travel range and
load retention without application of the hoist gear brake. With these drive sys-
tems, safe command and optimum control of the crane is extremely easy.

Frequency-converter slewing gear.


The FC slewing gear drives enable absolutely jolt- and jerk-free slewing at mi-
cro-speeds. Wind and load influences are all detected. Integrated anti-sway
damping compensates for crane vibration and load swing. The integrated elec-
trical wind release can be activated directly at the base of the tower.
A completely new development is personalised slewing. The crane operator
now has a choice between three different operating modes: rotational-speed
control, torque control or a combination of the two.

Frequency-converter trolley travel gear.


The frequency-converter trolley travel gear offers convincingly
sensitive, stepless operation, extended performance ranges and
high trolley speeds, especially under load.
A cable storage area is integrated in the cable drum if a short jib
is in use.

Frequency-controlled trolley travel gear: Patented frequency-converter slewing gear: Frequency-converter hoist gears for high load handling performance.
stepless operation and high trolley speeds. sensitive, jerk-free slewing movements.
12 13
3Fast assembly.
Compact assembly units.
The design principle of Liebherr’s top-slewing cranes cuts costs when assem-
bling them. The cruciform base can be assembled with very little effort and it is
transported as two complete packages. A variety of bases is available for differ-
ent applications.

Completely pre-installed assembly units.


Once the tower base and the climbing system have been assembled, the com-
plete slewing platform is installed. This unit is completely pre-installed and can
be transported on a normal truck. It is assembled with one lift. Once the slewing
platform is installed on the tower and the electrical connections have been com-
pleted, the upper part of the crane can already be slewed from the control stand
or cabin to pick up the counter-jib and main jib from any side.
The counter-jib comes complete with the hoist gear, hoist rope wound on to its
drum and pre-installed guy rods. It also has completely pre-installed electrical
plug connectors. The counter-jib is installed with a single lift and easily con-
nected with quick-release fastenings.

Easy installation of the cruciform base. Erecting the entire climbing unit with just a Erecting the completely pre-installed slewing platform.
single lift.
14 15
Well-planned detail desig n makes erecting work easier.

The complete jib is pre-installed on the ground. The trolley and the load hook form a
single assembly unit. Reeving and tensioning the trolley rope is fast and easy without
connection to the mains, since the drum can be rotated freely with the brake released.

Fast hoist rope reeving.


The hoist rope on Liebherr top-slewing cranes is installed by simply pulling it over the
tower head and running it through the trolley to the hook.
On Liebherr’s top-slewing cranes, the hoist rope pulley at the trolley hook block is simply
folded open for easy hoist rope reeving. Once the hoist rope has been guided through
the pulleys, the erecting mechanic moves out to the end of the jib in the trolley‘s cage,
bolts the hoist rope into position – and the job’s done!

Quick-release fastenings for trouble-free assembly.


The quick-release jib and counter-jib fastenings make erecting work significantly easier.
The jib and counter-jib can even be installed without difficulty in an inclined position.

Liebherr’s ballast centering system. All plug connectors are pre-installed. Quick-release fastenings for the jib and counter-jib. Easy hoist rope reeving. Crate containing completely pre-installed trolley Easy attachment of hoist rope at end of jib.
and hook.
16 17 18
Loading for easy
assembly.
Liebherr cranes are planned for transport in such a way that subsequent erecting work is simplified. The
4 Safety monitoring
during climbing.
Liebherr’s fast climbing system permits quick, easy and safe tower climbing. It consists of the
individual transport units are the complete cruciform base with central ballast, the base tower including bal- guide section (blue), the hydraulic system (red) and the supporting cross-member (green).
last, the complete slewing platform with tower head, the complete counter-jib with hoist gear and counter-jib The guide section is bolted to the slewing platform. For fast climbing, the entire upper part of
ballast, the complete jib and tower segments. the crane is lifted by the hydraulic ram. All tower sections are inserted from the front, using the
Re-usable frames are available for container transport. Tower segments can then be transported as contain- crane’s own hook. The tower crane thus grows section by section.
ers, which cuts the cost.
Newly developed monitoring device.
The new monitoring device detects and prevents operating errors. The positions of the sup-
porting equipment during climbing are monitored by limit switches.

Fast climbing.
Climbing is easy, fast and trouble-free. Position the climbing cross-member on the tower
section, extend the ram, hold the upper part of the crane with the support shoe, retract the
ram – this is all that’s needed to complete the first climbing stage. For a 2.5-metre tower
section, two climbing stages provide the space for the tower section to be pushed in and
bolted to the tower.
This fast climbing system can also be easily removed using the crane’s own hook, for use on
another crane.

The climbing system with guide section, The climbing cross-member (green) is The ram piston rod (red) is extended and presses Bolts can be tightened and released quickly
climbing cross-member and hydraulic system. positioned on the tower section. the entire upper part of the crane upwards. using the hydraulic driver.
19 20 21 22
Climbing
inside
buildings.
Overview of advantages.
Liebherr top-slewing cranes are ideal for use
as climbing cranes in buildings. Liebherr tower Modular design Litronic
• Many possible combinations of sub- • Monitors, controls and coordinates all
cranes can be used in elevator shafts and even in
assemblies within the crane systems the crane’s important functions
the smallest niches as the project ‘grows’ rapidly. • Identical tower design • 20% load increase at the push of a button
The crane in fact grows with the buildings. • Customised crane configuration • Electronic module for the LMB, ABB,
AKS, MDA and remote data transmis-
The IC tower system. Connect and Work sion systems
• LiConnect quick jib connection
The IC internal climbing tower system has been • Quick connection system for jib and Safety-monitored
designed specifically for narrow elevator shafts. Its counter-jib climbing
overall dimensions are as small as 1.60 m x 1.60 m • Removable crane cab • Newly developed monitoring system
to 1.90 m x 1.90 m, which makes them perfect • Pins within easy reach in tower and jib • GS tested
for even the smallest shafts. The entire climbing • Quick and simple plug connections on
hydraulics are located in a space-saving manner
the drive units Frequency-converter
inside the tower section.
• Self-clamping counterweight slabs hoist gears
• Compact assembly units Single-, 2- or 3-speed frequency-converter
• Completely pre-installed assemblies hoist gears
• Double-reeved operation throughout
Tower combinations the load handling range
• Proven modular system – full use
• Automatic load adaptation
of available tower sections
• Liebherr electric motor
• Undercarriages / cruciform bases can
• Micro-load positioning
be used in various ways as needed
• Essential safety function: the motor
• Closed, tight-welded sections
moment is only switched off when the
• Long operating life
brake has taken over the load
• Zero-clearance connections with bolts or
• Positioning mode -> lifting speed
taper pins
reduced to ¼
Top comfort and • Minimal start-up currents – low power
consumption
convenience • Stepless speed control
• Control stand with a wide range of adjustment
• High lowering and empty hook speeds
• EMS with basic function and radius display
• Heating with thermostat and time switch Frequency-converter
• Air-conditioning (optional extra)
• Heat and noise insulation
slewing gear
• Absolutely jolt- and jerk-free slewing
• Heat insulating glass
• Integrated wind load control
• 220 V power socket
• Automatic load-swing damping
• Wiper system
• Integrated system turns the crane into
FR.tronic the wind electrically
• All drive systems controlled by frequency • Personalised slewing - three operating
converter modes
• Stepless lifting, lowering and travel
• The latest control technology
Frequency-converter
• Can be used on 50 Hz or 60 Hz and trolley travel gear
400 V or 480 V power supply • Compact design
• Sensitive control, stepless operation
• Generous performance ranges and high
trolley travel speeds

Printed in Germany by Eberl LBC-659-11.08-10.e This information is supplied without liability. Subject to technical modifications.

The hydraulic system in the IC tower. Clamping the IC tower into an elevator shaft. The upper climbing frame of the IC tower. Liebherr-Werk Biberach GmbH Liebherr Industrias Metálicas, S.A.
Postfach 16 63, D-88396 Biberach an der Riss Polígono Industrial Agustinos, Apartado 4096, E-31014 Pamplona
23  +49 (0)7351 41-0, Fax +49 (0)7351 41-22 25  +34 (0)948 29 70 00, Fax +34 (0)948 29 70 29
www.liebherr.com, E-Mail: info.lbc@liebherr.com www.liebherr.com, E-Mail: info.lim@liebherr.com
Calculation of the derrick ballast
For large cranes with derrick ballast (crawler cranes with suspended coun-
More benefit through the LICCON work planner
The LICCON work planner for
mobile and crawler cranes
terweight or counterweight trailer), the determination of the derrick ballast re-
quired at the construction site is an essential cost-reduc- Submission of offers
ing factor. Formerly, the determination has been with more transparency
possible only with a sheet of paper and pencil. This
method is time consuming and subject to errors. The actual screen of information can be documented by a
By means of the work planner, the minimum and connected printer. This will enable you to enclose media
maximum ballast required is indicated continuously copies with your offer, e.g. side and top view of the con-
during the simulation. By the complete simulation of struction site as well as the supporting forces envisaged;
a load case on the PC, it is possible to determine the your customer certainly will appreciate the „transparency“
entire ballast required for that specific case. of your offer.

Calculation of the
load capacity
For each angle combination of the main boom and
the luffing jib, the load capacity can be calculated
by interpolation with the LICCON work planner.
For crawler cranes with variable derrick Briefing of crane operators
ballast radius, the load capacity at any ra- with more information
dius of the derrick ballast is calculated by
interpolation. Often enough your operators are confronted with irregu-
larities at the working site. Now, the LICCON work planner
makes the job more transparent and all details can be dis-
cussed in advance. The media copies are working papers
with valuable information for the operators for smoother
and safer performance of the job.

The LICCON work planner


on the Laptop offers
even more flexibility
A battery-powered Laptop calculator is recommended for
field service. Thus you will be in a position to make full
use of the LICCON work planner’s capacity, everywhere
and any time.

Subject to modifications. P 197b.E09.2004

Liebherr-Werk Ehingen GmbH


Postfach 1361, D-89582 Ehingen/Do.
 +49 7391 502-0, Fax +49 7391 502-3399
9 10
www.liebherr.com, E-Mail: info.lwe@liebherr.com
1 The load capacity
program
substitues the chart manual. Only such equipment configurations can be selected which
are also programmed in the respective crane. The graphical representation is pratically
indentical with the representation on the LICCON display screen of the crane.

2 The crane selection


program
automatically searches the suitable crane for the entered load case. Crane
selection also can be performed according to certain criteria such as bal-
last weight or boom length, either automatically or selectively.

3 The 2-D planner


program
enables simulation and documentation of crane applications.
Drawing functions permit to plot and letter a construction
site into which a scale model crane can be implicated and
moved through all it working motions. At any time, it is pos-
sible to have recourse to the actual supporting forces. The

The offer of the work


screen display can be documented by a connected printer.
All programs of the LICCON work planner are set up symbol-
oriented.

planner is fascinating
In order to plan crane jobs more efficiently, Liebherr offers its customers the LICCON
crane work planner. This is a computer program for planning, simulation and documenta-
tion of crane jobs on the PC.

The prerequisite for the development


of such comprehensive software was
the data acquisition of any practica-
ble operating mode of every Liebherr
mobile crane equipped with the
LICCON computer system. In other
words, the software is configured
and documented specifically for
every individual crane. Hence fol-
lows the numerous facilities of the
LICCON-Work planner, consisting
of three modules which are man-
aged by a menu program.

2 3
1 The load capacity
program
It enables the representation of all load charts
of a crane. The following actions can be per-
formed by means of a symbol bar:

• Display of all charts and operating modes


2 The crane selection
program
which are programmed. The input of the load case parameters, load, radius and
• Display of the chart values for every extend- height under hook enables the automatic search for the
ed condition of the telescopes subject to the suitable crane. The following actions can be performed
radius. by this program:
• Information regarding locked/unlocked tel-
escopes.

• Listing of all Liebherr cranes with LICCON system of • Optimization of the crane selection according to dif-
the customer’s crane fleet. ferent criteria, e.g. shortest boom, smallest ballast or
• Determination of a crane preselection; automatic crane narrowest supporting basis.
selection or selective selection of an individual crane. • Consideration of an existing obstructing contour en-
tered by means of the 2-D planner.

4 5
3 The 2-D planner Zooming and shifting of a screen Display of supporting forces
section The supporting forces, acting on the individual rams, are
program The mouse enables to determine a new screen section. indicated in tons in the top view of the carrier contour. The
The screen section can be enlarged or reduced by a spe- supporting forces are actualized continuously when slew-
By means of a symbol bar, this program enables to perform a multitude of ac- cific factor and displaced ing the superstructure by means of the mouse key. The
tions and to plan crane jobs close to reality. Drawing functions permit to plot a within the plotting area. value in brackets indicates the max. forces
construction site. A simplified scale model crane can be displaced over a grid. which could occur during a
The crane movements can be represented and the most essentiel parameters full 360° rotation of the su-
such as max. load, radius, height under hook, etc. are being displayed continu- perstructure.
ously. It is also possible

at any time to have recourse to the supporting


forces of the actual crane position. The screen of information can always be
documented by a connected printer. Moreover, the load case can be stored
under a specific code and re-loaded for further processing.

Display of the ground pressure


At cranes on crawler carrier, the ground pressure is cal-
Plotting of obstructing contours culated simultaneously for the actual working parameters
and measuring of spaces and indicated in the schematic top view of the crawler
Plotting of buildings Rotation of carrier Buildings or overhead cables can restrict the working area carrier. The display is actualized at each change of the
of the crane. These obstructing contours can be plotted actual situation (e.g. slewing of the superstructure).
and text writing For exact positioning of the carrier with outriggers, it can into the crane display and will be taken into consid- The values in brackets indicate the ground pressure on
Side and top views of complete buildings can be plotted. be slewed around the center of the slewing ring, the posi- eration during the automatic crane soft ground, the values without brackets relate to solid
Equally the representation of circles and circular arc pro- tion of the crane superstructure remains unchanged. selection. The obstructing contour ground. The bearing length of the crawler chains on solid
files as well as writing of texts for lettering of the represen- can be represented by entering ground is indicated in addition.
tation is possible. the coordinates or directly plotted
with the mouse. With activated
measuring mode, spaces can be
measured within the crane display.
The spaces in the X- and Y-direction
and the direct distance are displayed
in a coordinate window.

6 7 8
Calculation of the derrick ballast
For large cranes with derrick ballast (crawler cranes with suspended coun-
More benefit through the LICCON work planner
The LICCON work planner for
mobile and crawler cranes
terweight or counterweight trailer), the determination of the derrick ballast re-
quired at the construction site is an essential cost-reduc- Submission of offers
ing factor. Formerly, the determination has been with more transparency
possible only with a sheet of paper and pencil. This
method is time consuming and subject to errors. The actual screen of information can be documented by a
By means of the work planner, the minimum and connected printer. This will enable you to enclose media
maximum ballast required is indicated continuously copies with your offer, e.g. side and top view of the con-
during the simulation. By the complete simulation of struction site as well as the supporting forces envisaged;
a load case on the PC, it is possible to determine the your customer certainly will appreciate the „transparency“
entire ballast required for that specific case. of your offer.

Calculation of the
load capacity
For each angle combination of the main boom and
the luffing jib, the load capacity can be calculated
by interpolation with the LICCON work planner.
For crawler cranes with variable derrick Briefing of crane operators
ballast radius, the load capacity at any ra- with more information
dius of the derrick ballast is calculated by
interpolation. Often enough your operators are confronted with irregu-
larities at the working site. Now, the LICCON work planner
makes the job more transparent and all details can be dis-
cussed in advance. The media copies are working papers
with valuable information for the operators for smoother
and safer performance of the job.

The LICCON work planner


on the Laptop offers
even more flexibility
A battery-powered Laptop calculator is recommended for
field service. Thus you will be in a position to make full
use of the LICCON work planner’s capacity, everywhere
and any time.

Subject to modifications. P 197b.E09.2004

Liebherr-Werk Ehingen GmbH


Postfach 1361, D-89582 Ehingen/Do.
 +49 7391 502-0, Fax +49 7391 502-3399
9 10
www.liebherr.com, E-Mail: info.lwe@liebherr.com
Calculation of the derrick ballast
For large cranes with derrick ballast (crawler cranes with suspended coun-
More benefit through the LICCON work planner
The LICCON work planner for
mobile and crawler cranes
terweight or counterweight trailer), the determination of the derrick ballast re-
quired at the construction site is an essential cost-reduc- Submission of offers
ing factor. Formerly, the determination has been with more transparency
possible only with a sheet of paper and pencil. This
method is time consuming and subject to errors. The actual screen of information can be documented by a
By means of the work planner, the minimum and connected printer. This will enable you to enclose media
maximum ballast required is indicated continuously copies with your offer, e.g. side and top view of the con-
during the simulation. By the complete simulation of struction site as well as the supporting forces envisaged;
a load case on the PC, it is possible to determine the your customer certainly will appreciate the „transparency“
entire ballast required for that specific case. of your offer.

Calculation of the
load capacity
For each angle combination of the main boom and
the luffing jib, the load capacity can be calculated
by interpolation with the LICCON work planner.
For crawler cranes with variable derrick Briefing of crane operators
ballast radius, the load capacity at any ra- with more information
dius of the derrick ballast is calculated by
interpolation. Often enough your operators are confronted with irregu-
larities at the working site. Now, the LICCON work planner
makes the job more transparent and all details can be dis-
cussed in advance. The media copies are working papers
with valuable information for the operators for smoother
and safer performance of the job.

The LICCON work planner


on the Laptop offers
even more flexibility
A battery-powered Laptop calculator is recommended for
field service. Thus you will be in a position to make full
use of the LICCON work planner’s capacity, everywhere
and any time.

Subject to modifications. P 197b.E09.2004

Liebherr-Werk Ehingen GmbH


Postfach 1361, D-89582 Ehingen/Do.
 +49 7391 502-0, Fax +49 7391 502-3399
9 10
www.liebherr.com, E-Mail: info.lwe@liebherr.com
Mobil- und Raupenkrane
Mobile and Crawler Cranes
Grues mobiles et sur chenilles
Gru mobili e cingolate
Grúas todo terreno, sobre
camión y sobre cadenas
Ìîáèëüíûå è ãóñåíè÷íûå êðàíû
200
9
Mobilkrane
Mobile cranes · Grues mobiles automotrices · Gru mobili tuttoterreno ed autocarrate · Grúas todo terreno rápidas · Êðàíû àâòîìîáèëüíûå è íà ñïåöøàññè

max
km/h m m max
km/h m m
m m m m
t m kW max max Standard kW min - max min - max max max max max t m kW max max Standard kW min - max min - max max max max max
PS Option PS m t m t PS Option PS m t m t
LTM 1030-2.1 LTM 1150-6.1
205 400 12 x 6 x 12 129
35 3 80 60 4x4x4 – 9,2 – 30 8,6 – 15 45 2,8 40 0,5 150 3 80 57 13,7 – 66 10,8 – 33 93 1,6 76 0,9
278 544 12 x 8 x 12 175

LTM 1040-2.1 LTM 1160-5.1


205 370 10 x 6 x 10 145
40 2,7 80 60 4x4x4 – 10,5 – 35 9,5 44 3,9 39 0,5 160 3 80 60 13 – 62 5,4 – 43 95 1,5 70 1,1
278 503 10 x 8 x 10 197

LTM 1050-3.1 LTM 1200-5.1


270 6x4x6 370 10 x 6 x 10 145
50 3 80 60 – 11,3 – 38 9 – 16 54 2,2 44 0,6 200 3 80 60 13,2 – 72 5,4 – 43 98 2,5 82 1
367 6x6x6 503 10 x 8 x 10 197

LTM 1055-3.2 LTM 1220-5.2


270 6x4x6 370 10 x 6 x 10 180
55 2,5 80 60 – 10,2 – 40 9,5 – 16 56 3,1 48 0,6 220 3 80 60 13,3 – 60 12,2 – 43 101 2 88 1
367 6x6x6 503 10 x 8 x 10 245

LTM 1070-4.2 LTM 1250-6.1


270 8x4x8 450 12 x 6 x 10 180
70 2,5 80 60 – 11 – 50 9,5 – 16 65 2,5 48 0,6 250 3 80 49 15,5 – 72 5,4 – 70 108 2 92 1,1
367 8x6x8 612 12 x 8 x 10 245

LTM 1090-4.1 LTM 1300-6.1


350 8x6x8 145 450 12 x 6 x 10 180
90 2,5 80 60 11,1 – 50 10,5 – 26 76 1,8 62 0,6 300 3 80 43 15 – 60 10,5 – 70 116 1,7 92 1,1
476 8x8x8 197 612 12 x 8 x 10 245

LTM 1095-5.1 LTM 1400-7.1


370 10 x 6 x 10 145 450 14 x 6 x 14 240
95 3 80 60 12,5 – 58 10,5 – 26 82 1,1 62 0,7 400 3 80 39 15,4 – 60 7 – 84 130 7,1 100 1,5
503 10 x 8 x 10 197 612 14 x 8 x 14 326

LTM 1100-4.2 LTM 1500-8.1


350 8x6x8 129 500 240
100 3 80 60 11,5 – 60 10,8 – 33 91 1,0 58 0,8 500 3 80 31 16 x 8 x 12 16,1 – 84 14 – 91 145 4,2 108 1,9
476 8x8x8 175 680 326

LTM 1100-5.2 LTM 11200-9.1


370 10 x 6 x 10 145 500 270
100 2,7 80 60 11,5 – 52 10,8 – 33 84 1,8 66 0,9 1200 2,5 75 38 18 x 8 x 18 18,3 – 100 24 – 126 190 2,0 136 2,1
503 10 x 8 x 10 197 680 367

LTM 1130-5.1
370 10 x 6 x 10 145
130 3 80 60 12,7 – 60 10,8 – 33 91 1,8 72 0,9
503 10 x 8 x 10 197

2 3
Kompaktkran · Compact mobile crane · Grue mobile compacte · Autogru compatta · Grúa compacta · Êîìïàêòíûé êðàí

max
km/h m m
m m
kW
t m max max Standard min – max min – max max m max t max m max t
PS

LTC 1055-3.1
350
55 2,5 75 50 6x6x6 7,9 – 36 4,5 – 15 50 2,4 46 0,7
476

Teleskop-Aufbaukran · Truck mounted telescopic cranes · Grues télesco piques sur porteur châssis cabine · Autogrù montata su camion
Grúa telescópica sobre camión · Òåëåñêîïè÷åñêèé àâòîìîáèëüíûé êðàí

max
km/h m m
m m
kW kW
t m max max Standard min – max min – max max m max t max m max t
PS PS

LTF 1035-3.1
Je nach Fahrgestell · Depending on truck chassis 145
35 3 Dépendant du châssis porteur · Caratteristiche del carro 9,2 – 30 8,6 – 15 45 2,8 42 0,6
Según chasis · В зaвиcимости от шасси 197

LTF 1045-4.1
Je nach Fahrgestell · Depending on truck chassis 145
45 2,5 Dépendant du châssis porteur · Caratteristiche del carro 10,5 – 35 9,5 44 3,9 42 0,8
Según chasis · В зaвиcимости от шасси 197

Teleskop-Raupenkran · Telescopic crawler crane · Grue télescopique sur chenilles · Gru telescopica cingolata
Grúa sobre cadenas · Ãóñåíè÷íûé êðàí ñ òåë åñêîïè÷åñêîé ñòðåëîé

max
km/h m m
m m
kW
t m max min – max min – max max m max t max m max t
PS

LTR 1100
145
100 2,5 2,8 11,5 – 52 10,8 – 19 83 1,1 60 0,8
197

4 5
Gittermast-Mobilkran · Lattice boom mobile crane · Grue à flèche en treillis · Autogrù tralicciata
Grúa móvil con pluma de celosía · Ñàìîõîä íûé êðàí ñ ðåøåò÷àòîé ñòðåëîé

max
km/h m m
m m
kW kW
t m max max Standard min – max min – max max m max t max m max t
PS PS

LG 1550
440 300
550 4,5 67,5 31 16 x 8 x 12 21 – 105 21 – 91 180 28 124 2,3
598 408

LG 1750
500 400
750 7 80 33 16 x 8 x 16 21 – 140 28 – 105 193 22 136 7,7
680 544

Raupenkrane · Crawler track cranes · Grues sur chenilles · Gru cingolate · Grúas sobre cadenas · Ãóñåíè÷íûå êðàíû

max
tm m m
m m
kW
t m max max max max m max t max m max t
PS

270
LR 1350/1 350 6 4048
367
18 – 120 24 – 90 150 17,5 100 2,8

300
LR 1400/2 400 4,5 5248
408
21 – 119 21 – 91 162 18,2 120 12,8

370
LR 1600/2 600 10 8085
503
24 – 144 24 – 96 185 24,1 148 5

400
LR 1750 750 7 9640
544
21 – 140 28 – 105 191 20 136 7,7

641
LR 11350 1350 12 22748
870
30 – 150 36 – 114 223 44 152 15,5

6 7
Vertriebs- und Servicestellen • Sales and service locations • Etablissements pour
vente et service • Sedi commerciali ed assistenza clienti in tutto il mondo • Delegaciones de venta y postventa
para grúas todo terreno, sobre camión y sobre cadenas • Ïðîäàæà è ñåðâèñíîå îáñëóæèâàíèå ñàìîõîäíûõ êðà íîâ

EUROPA GRIECHENLAND ÖSTERREICH SERBIEN


Liakopoulos Engineering Office Liebherr-Werk D.S. INŽENJERING
DEUTSCHLAND Rodopis 44 Bischofshofen GmbH Industrijska 18
Liebherr-Werk Ehingen GmbH 16675 Glyfada/Athens Postfach 49 11224 Vrcin - Beograd
Postfach 1361 Griechenland 5500 Bischofshofen Serbien
89582 Ehingen/Do. Tel.: +30-6946/77 72 22 Österreich Tel.: +381-11/80 55 463
Tel.: +49 73 91/5 02-0 Fax: +30-210/9 64 98 20 Tel.: +43-50809/1 12 57 Fax: +381-11/80 55 470
Fax: +49 73 91/5 02-33 99 Email: iliako@tee.gr Fax: +43-50809/1 12 87 E-Mail: office@ds-inzenjering.co.yu
E-Mail: info.lwe@liebherr.com E-Mail: info.lbh@liebherr.com
GROSSBRITANNIEN/ SLOWAKEI
Liebherr-Werk Ehingen GmbH NORDIRLAND Liebherr-Werk
Bischofshofen GmbH JUDr. Ing. Ján DURICA – DUVOKS
Autokran-Service Bratislavská 1838
Dorstener Str. 107 Liebherr-Great Britain Ltd. Werksniederlassung Wien
Normandy Lane Oberlaaerstr. 305 010 01 Žilina
46145 Oberhausen Slowakei
Tel.: +49 208/6 90 17-0 Stratton Business Park 1232 Wien
Biggleswade Österreich Tel.: +421-41/5 62 03 93
Fax: +49 208/6 90 17-22 Fax: +421-41/5 62 33 04
Bedfordshire SG18 8QB Tel.: +43-1/6 10 18
Großbritannien Fax: +43-1/6 10 18 35 E-Mail: info@duvoks.sk
Liebherr-Werk Ehingen GmbH
Werksniederlassung Berlin Tel.: +44-17 67/60 21 00
Zielitzstr. 1 Fax: +44-17 67/60 21 10 POLEN SLOWENIEN
14822 Linthe OT Alt-Bork E-Mail: ADK d.o.o.
info.lgb@liebherr.com Liebherr-Polska Sp. z o.o.
Tel.: +49 338 45/67-0 ul. Katowicka 140 Miklavška cesta 59
Fax: +49 338 45/4 11 29 43-190 Mikolow 2311 Hoče
IRLAND Slowenien
Polen
BELGIEN Liebherr-Great Britain Ltd. Tel.: +48-32/3 26 29 75 Tel.: +386-2/6165-700
Unit 23N Fax: +48-32/3 26 29 70 Fax: +386-2/6165-900
Van der Spek NV/SA E-Mail: info@adk.si
Industrielaan 10 Greenogue Industrial Estate E-Mail: info.lpl@liebherr.com
1740 Ternat Rathcoole, County Dublin
Rep. Irland Service:
Belgien PORTUGAL Metalna-srm
Tel.: +32-2/5 82 29 79 Tel.: +353-1/4 58 76 50
Fax: +353-1/4 58 76 54 Liebherr Ibérica, S.A. Jaskova 18
Fax: +32-2/5 83 06 84 Sucursal em Portugal 2000 Maribor
E-Mail: E-Mail: info.lgb@liebherr.com
Núcleo Empresarial da Venda Slowenien
sales@vanderspek-bel.com do Pinheiro Tel.: +386-2/4 50 13 00
ITALIEN Quinta dos Estrangeiros Fax: +386-2/4 61 48 00
BULGARIEN Liebherr Italia S.p.A. Armazém 82 E-Mail: metalna-srm01@siol.net
ALKI-L GMBH Via Chico Mendes, 17 2665-602 Venda do Pinheiro
bul. Samokovsko shosse N 10D 34074 Monfalcone (Go) Portugal SPANIEN
1137 Sofia Italien Tel.: +351-21/9 66 32 90
Tel.: +39-0481/49 69 49 Fax: +351-21/9 66 32 91 Liebherr Ibérica, S.A.
Bulgarien Ctra. A-2, km. 41,
Tel.: +359-2/9 74 90 20 Fax: +39-0481/48 02 00
E-Mail: info.lit@liebherr.com Pol. Miralcampo
Fax: +359-2/9 74 90 30 RUMÄNIEN C/ Aluminio, 6 y 8
E-Mail: office@alki-l.com Liebherr-România S.R.L. 19200 Azuqueca de Henares
KROATIEN/BOSNIEN- Spanien
61-63, Horia, Closca si Crisan Street
DÄNEMARK HERZEGOWINA 075100 Otopeni Ilfov Tel.: +34-949/34 87 30
Lars Michael Jensen Knez Ljubo d.o.o. Rumänien Fax: +34-949/26 51 46
Vesterbrogade 18 Ivlje 44 Tel.: +40-21/2 03 27 22 E-Mail: info.lib@liebherr.com
8722 Hedensted 10000 Zagreb Fax: +40-21/2 03 04 98
Dänemark Kroatien TSCHECHISCHE
Tel.: +45-75/79 03 21 Tel.: +385-1/45 97 380 RUSSLAND REPUBLIK
Fax: +45-75/79 04 45 Fax: +385-1/45 97 381
E-Mail: info@knezljubo.hr Liebherr-Russland OOO KLIMEX CZ, spol. s.r.o
E-Mail: info@lwe.dk 1. Borodinskaja ul. 5 K Přivozu 1444
121059 Moskau 27601 Mělnik
FINNLAND MONTENEGRO Russland Tsch. Republik
Liebherr-Finland Oy D.S. INZENJERING – CG Tel.: +7-495/9 33 72 11 Tel.: +420-315/67 15 50
Mobile Cranes llije Plamenca bb Fax: +7-495/7 71 66 10 Tel.: +420-315/67 01 67-8
Jouko Tyrkäs 81000 Podgorica E-Mail: lwe@liebherr.co.ru Fax: +420-315/67 03 02
Pakkasraitti 8 Montenegro E-Mail: kladiva@klimex.cz
04360 Tuusula Tel./Fax: +382-81/662 554 SCHWEDEN
Finnland E-Mail: dsinzenjering@cg.yu
ALFAB MOBILKRANAR AB
TÜRKEI
Tel.: +358 9 83 66 03 80 Saltängsvägen 29 HCS Makina Mümessillik ve Ticaret A.Ş.
Fax: +358 9 83 66 03 81 NIEDERLANDE 72132 Västerås Susuzbaǧ Sokak No: 31/1
E-Mail: jouko.tyrkas@liebherr.com Liebherr-Nederland BV Schweden Paşalimani
Beeldschermweg 2 Tel.: +46-21/12 81 40 34674 Üsküdar/Istanbul
FRANKREICH 3821 AH Amersfoort Fax: +46-21/13 40 35 Türkei
Liebherr Grues Mobiles SAS Niederlande E-Mail: erik@alfab.se Tel.: +90-216/4 92 57 51
Z.A. – BP 500 44 Tel.: +31-33/4 50 02 00 Fax: +90-216/4 92 39 82
68127 Niederhergheim Fax: +31-33/4 50 02 93 SCHWEIZ E-Mail: hcs@tnn.net
Frankreich E-Mail: info.lne@liebherr.com
Liebherr-Baumaschinen AG UKRAINE
Tel.: +33-389/86 32 42 Industriestrasse 18
Fax: +33-389/86 32 40 NORWEGEN Postfach 364 Deutsche Industrievertretung
Ingenør Hans P. Øen 6260 Reiden Prospekt Peremogy 44
Liebherr-France SAS Thomas Bohlin Schweiz 03057 Kyiv
Agence de Paris Skuiveien 41 Tel.: +41-62/7 85 81 11 Ukraine
ZAC de Frégy 1339 Vøyenenga Fax: +41-62/7 85 82 80 Tel.: +380-44 230 29 31
6, rue Marguerite Pérey Norwegen E-Mail: info.lba@liebherr.com Fax: +380-44 230 29 30
77610 Fontenay Tresigny Tel.: +47-67/17 66 90 E-Mail: div@div.kiev.ua
Frankreich Fax: +47-67/17 66 91
Tel.: +33-1/64 42 76 00 E-Mail: thomas@liebherr-mobilkraner.no
Fax: +33-1/64 42 76 19

Liebherr-France S.A.
Agence de Vitrolles
1, impasse de Grèce
ZAC de l’Anjoly
13127 Vitrolles
Frankreich
Tel.: +33-442/15 95 95
Fax: +33-442/79 13 89

8
Vertriebs- und Servicestellen • Sales and service locations • Etablissements pour
vente et service • Sedi commerciali ed assistenza clienti in tutto il mondo • Delegaciones de venta y postventa
para grúas todo terreno, sobre camión y sobre cadenas • Ïðîäàæà è ñåðâèñíîå îáñëóæèâàíèå ñàìîõîäíûõ êðà íîâ

UNGARN KANADA IRAK THAILAND


POINTED Kft. Liebherr-Canada Ltd. Liebherr Service AG Iraq Liebherr (Thailand) Co., Ltd.
Imre Hegyes 1015 Sutton Drive Section 609, Street 13 House No. 40 12/555 Kulab Bldg.
Nótárius utca 9-11 Burlington, Ontario L7L 5Z8 Baghdad, Al-Mansour 8th Floor, Bagna
1141 Budapest Kanada Irak Trad Road km 5.5
Ungarn Tel.: +1-905/3 19 92 22 Tel.: +964-1/5 42 74 99 Bankaew, Bangplee
Tel./Fax: +36-1/3 83 09 99 Fax: +1-905/3 19 66 22 Fax: +964-1/5 41 74 91 Samutprakarn 10540
E-Mail: hegyes@pointed.hu E-Mail: info.lca@liebherr.com Thailand
JAPAN Tel.: +66-2/3 16 14 30
WEISSRUSSLAND Liebherr-Canada Ltd. Fax: +66-2/3 16 14 34
Liebherr Japan Co.,Ltd. E-Mail: cranes.lth@liebherr.com
BRITEX Industrie-Technik Edmonton Branch 5-39, Daikoku-Cho
Ul. Platonova 22a - 306 208, 53016 Hwy 60 Tsurumi-Ku
Acheson Industrial Park TURKMENISTAN
220071 Minsk Yokohama 230053
Weissrussland Spruce Grove, AB T7X 3G7 Japan VMOGG GmbH
Tel.: +375-17/237 37 46 Kanada Tel.: +81-45/5 05 86 87 Sokolovsky St. 5
Fax: +375-17/237 34 05 Tel.: +1-780/9 62 60 88 Fax: +81-45/5 05 86 83 744001 Ashgabat
E-Mail: britex@list.ru Fax: +1-780/9 62 67 99 E-Mail: sales@liebherr-japan.com Turkmenistan
E-Mail: info.lca@liebherr.com Tel.: +993-12 36 36 32
KASACHSTAN Fax: +993-12 36 36 07
AFRIKA MEXICO E-Mail: isaiko@online.tm
Liebherr-Service AG
NORTRACK DE MÉXICO S.A. de C.V. Satpaeva Str. 30A, 1A
ÄGYPTEN Roberto Fulton Esq. 1 de Mayo, USBEKISTAN
050040 Almaty
Tlalnepantla Kasachstan Liebherr-Service AG
New Dimatra International Co. Estado de México
11 Rashdan Street, Tel.: +7-727-295 44 07 Ul. Buyuk Ipak Yuli 77
C.P. 54030 Fax: +7-727-295 44 67 700077 Taschkent
Mesaha Sq., Dokki Mexiko
Giza, Cairo E-Mail: liebherr_alm_lwe@nursat.kz Usbekistan
Tel.: +52-55/5366-6244 / 42 / 53 /52 Tel.: +998-71/268 35 60
Ägypten Fax: +52-55/5390 3577 Ext. 6253
Tel.: +20-2/37 48 70 71 E-Mail: nortrack@zapata.com.mx KOREA Fax: +998-71/267 47 48
Fax: +20-2/37 48 78 82 E-Mail: liebuzb@rol.uz
E-Mail: newdimatra@yahoo.com Liebherr Mobile Cranes Korea Ltd.
USA Fine Bldg., 4th Floor VEREINIGTE
673-5 Deungchon-Dong
ALGERIEN Liebherr Cranes, Inc. Gangseo-Gu ARABISCHE EMIRATE
4100 Chestnut Avenue Seoul 157-033
Eurl Liebherr-Algérie Newport News, VA 23607-2420 Frontline Cranes and Construction
Zone Industrielle Lot N° : 4, Oued Korea Machinery FZE
USA Tel.: +82-2/26 59 22 90
Kerma, BP 540 (Birkhadem) Tel.: +1-757/9 28 25 05 P.O. Box 2540
16305 Saoula/Alger Fax: +82-2/26 59 33 90 Jebel Ali Free Zone
Fax: +1-757/9 28 25 17 E-Mail:
Algerien E-Mail: info.lci@liebherr.com Dubai
Tel.: +213-21/55 83 71 lmcksales@liebherr-korea.com Vereinigte Arabische Emirate
Fax: +213-21/55 60 54 Tel.: +971-4/8 86 01 99
E-Mail: libex_lil@hotmail.com MONGOLEI Fax: +971-4/8 86 03 23
ASIEN E-Mail: info.fcm@liebherr.com
MONNIS Group Int., Inc.
SÜDAFRIKA „Nissan Center“ bldg
ASERBAIDSCHAN VOLKSREPUBLIK
Liebherr-Africa (Pty.) Ltd. Chinggis Avenue-25, Sun Road-35
Vlakfontain Road Lambacini Azerbaijan Sukhbaatar District CHINA
Fulcrum Ind. Township 85a Teymur Aliyev str. Ulaan Baatar
1069 Baku Liebherr Machinery Service
Private Bag X69 Mongolei (Shanghai) Co.,Ltd.
Springs/Gauteng Aserbaidschan Tel.: +976-11/31 16 87
Tel.: +994-12/561 71 70 First Floor – G1 /
Südafrika Fax: +976-11/32 32 48 Factory No. 28
Tel.: +27-11/3 65 20 00 Fax: +994-12/562 84 54 E-Mail: monnis@monnis.com
E-Mail: liebherr@azerin.com 500 Fu Te Dong Er Road
Fax: +27-11/8 17 38 84 Waigaoqiao Free Trade Zone
E-Mail: info@laf.liebherr.com SAUDI ARABIEN 200131 Shanghai
HONG KONG Volksrepublik China
Saudi Liebherr Company Ltd.
Liebherr (HKG) Limited P.O. Box 6403 Tel.: +86-21/50 46 19 88
AMERIKA 86 Ping Che Road Jeddah 21442 Fax: +86-21/50 46 19 89
Fanling, New Territories Saudi Arabien E-Mail: lms@liebherr.com
ARGENTINIEN Hong Kong Tel.: +966-2/6 82 53 33
Tel.: +852/31 42 31 50 Fax: +966-2/6 83 48 01
SAE - Sudamericana de Equipos S.A. Fax: +852/31 42 31 59 E-Mail: info@eajb.com.sa AUSTRALIEN
Av. Callao 1234 - Piso 15 - Depto 01 E-Mail: lhksales@liebherr.com.hk
1023 Buenos Aires Liebherr-Australia Pty. Ltd.
Argentinien SINGAPUR/MALAYSIA/ Mobile Crane Division
Tel: +54 - 11 / 5811 1941 INDIEN BRUNEI/INDONESIEN 128 Warren Road
Fax: +54 - 11 / 5811 1942 Liebherr India Private Limited Smithfield NSW 2164
Liebherr-Singapore Pte. Ltd. Australien
E-Mail: info@sae-sa.com.ar Shubham 1005, 10thFloor 8 Pandan Avenue
1, Rawdon Street Tel.: +61-2/96 81 23 99
Singapore 609384 Fax: +61-2/96 81 35 11
BRASILIEN Kolkata - 700017 Singapur
Indien E-Mail: sales.las@liebherr.com
Liebherr-Brasil Tel.: +65-6/2 65 23 05
Tel.: +91-33/22 83 17 65 Fax: +65-6/2 64 60 73
Guindastes e Máquinas Fax: +91-33/22 83 17 85
Operatrizes Ltda. E-Mail: lsi@liebherr-sing.com.sg
Rua Dr. Hans Liebherr, no. 1
E-Mail: lweincal@cal2.vsnl.net.in NEUSEELAND
Vila Bela TAIWAN Liebherr New Zealand
CEP-12522-640 Guaratinguetá/SP IRAN 830 Great South Road
Hector Machinery & Technology Ltd.
Brasilien Boron Marz Co. 4F.-12, No. 121, Sec. 1 Penrose, Auckland
Tel.: +55-12/31 28 42 00 Liebherr Tehran Office Chongqing South Rd. Neuseeland
Fax: +55-12/31 28 42 43 376, Mirdamad Ave. Zhongzheng District Tel.: +64-9/5 79 49 99
E-Mail: info.lbr@liebherr.com Teheran 15189 Taipei City 100 Fax: +64-9/5 79 49 98
Iran Taiwan
CHILE Tel.: +98-218/8 79 01 54 Tel.: +886-2/23 75 55 68
Fax: +98-218/8 77 44 53 Fax: +886-2/23 75 55 69
SAAVEDRA Y ABALO M & S LTDA. E-Mail: info@boronmarz.com
Calle Antonio Maceo No. 2960 E-Mail: jr.wang@hector.com.tw
Comuna de Renca
Santiago
Chile
Tel.: +56-2/6 46 87 33
Fax: +56-2/6 41 27 18
E-Mail: rmas@msltda.cl

9
Umsatzentwicklung • Turnover trends • Evolution du chiffre d‘affaires
Sviluppo del fatturato • Evolución de volumen de venta • Oáúåì ïðîäàæ

1500

1400

1300

1200

1100

1000

900

800

700

600

500

400

300

200

100
Mio. €

0
69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08
Unternehmensgründung · Company formation · Création de l’entreprise
Fondazione dell’impresa · Creación de la compañia · Год основания завода

Änderungen vorbehalten · Subject to modification · Sous réserve de modifications · Con riserva di modifiche · Salvo modificaciones · Âîçìîæíû èçìåíåíèÿ DEFISR01.2009

Liebherr-Werk Ehingen GmbH


Postfach 1361, 89582 Ehingen, Germany
+49 73 91 5 020, Fax +49 73 91 5 0233 99
www.liebherr.com, Email: info.lwe@liebherr.com
Liebherr Floating Cranes

Entwurf_13-02-08_vierter.indd 1 02.04.2008 08:13:46


High Performance Solutions
for Bulk Handling
Efficiency and flexibility are key factors in bulk handling whether in open sea or sheltered waters.
The loading/unloading or transshipment times must be kept to a minimum in order to maintain
competitiveness in today’s markets. Liebherr-Werk Nenzing GmbH provides the key to success with
a complete range of floating cranes for installation on barges or transshippers providing tailor-made
solutions for all kinds of bulk handling. The combination of over forty years of experience in the maritime
cargo handling sector, latest technologies and highest quality standards guarantees innovative and
efficient solutions from Liebherr.

Entwurf_13-02-08_vierter.indd 2 02.04.2008 08:14:02


Bulk Handling in Bulk Handling in
Open Sea Sheltered Waters
A range of high performance Liebherr Liebherr has an extensive pallet
cranes is available for loading/unloading of bulk handling cranes suitable
vessels up to Capesize in open sea. for operation in sheltered waters
Optional features and equipment are ranging from wire luffing cranes
offered to meet with the most diverse requirements with motor grabs through heavy duty slewing
whether on a barge or transshipper. four-rope grab cranes to heavy duty double girder
four-rope cranes. All three types can be equipped
with various optional facilities to meet customers’
specific requirements.

Complete Floating Special Solutions for


Crane Concept Bulk Handling
A co-operation agreement between Innovative modifications of existing
Logmarin Advisors and Liebherr product lines provide efficient
presents a new dimension to solutions for the rapidly evolving
bulk handling. This new concept shipping and logistic industries.
optimizes efficiency providing extensively The machines are based on proven Liebherr
increased turnovers and so reductions in costs. designs which have been adapted to meet with the
The combination of Logmarin’s vast experience individual and specific demands of our customers.
in dry bulk material handling and transshipment
designs and Liebherr’s heavy duty high
performance four-rope grab cranes ensures up-
to-the-minute high quality products.

Entwurf_13-02-08_vierter.indd 3 02.04.2008 08:14:17


Open Sea

Entwurf_13-02-08_vierter.indd 4 02.04.2008 08:14:43


Heavy duty, high performance slewing or double girder grab cranes provide
a highly efficient and flexible solution for installation on barges and transshippers.
Safe and precise crane operation is ensured with Liebherr’s own Litronic® crane
control and management system. Specially designed heavy duty hoisting
winches, heel trim alarm systems and emergency operation functions make
these cranes suitable for loading/unloading bulk cargoes in heavy sea state
condition, so ensuring efficient and uninterrupted transshipment of goods
on vessels up to Capesize.

Type CBG 300 and Type CBG 350


Two crane sizes in grab operation are available:
- CBG 300, 30 tonnes at 28 metres
- CBG 350, 35 tonnes at 36 metres or
45 tonnes at 32 metres (maximum jib length)
• compact slewing column design and low weight
• low centre of gravity due to lower position of main components
• dust prevention in the machinery room through dust filters at the pedestal entrance
• low maintenance costs

Additional optional features:


• Extended cabin (7-8m) for optimum visibility and safer operation
• Ex-centre platform of up to 10 m for increased outreach allowing access to each hold

Entwurf_13-02-08_vierter.indd 5 02.04.2008 08:15:01




Entwurf_13-02-08_vierter.indd 6 02.04.2008 08:15:09


Type MPG
Capacity of 45 tonnes at 38 metres in grab operation

• allows loading/unloading of Capesize vessels with 45 m breadth from only one


side in order to reach the complete hold
• reduced crane height and therefore centre of gravity
• Liebherr Litronic® Robot Control (LRC)
• Dynamic Anti-Collision System (DAC)

Entwurf_13-02-08_vierter.indd 7 02.04.2008 08:15:11


Sheltered waters
Bulk handling and transshipment in sheltered waters can be performed by
a wide range of Liebherr cranes starting with slewing cranes with single
rope or motor grabs through to heavy duty high performance slewing
or double girder four-rope grab cranes, depending on the individual
requirements of the customer. As for cranes performing in open sea, safe
and precise crane operation is ensured with Liebherr’s own Litronic® crane
control and management system.

Type CBB 350


The CBB wire luffing crane is suitable for multi-purpose and bulk handling on vessels up
to Panamax size. Equipped with either a single rope or motor grab these cranes are an
economical solution nevertheless providing efficient performance.

For operation as floating crane:


– CBB 30, 32 tonnes at 32 metres in grab operation
0 tonnes at 32 metres in hook operation

• unobstructed view due to improved position of first jib bracket


• double beam boom for high rigidity, less corrosion and easy repair
• luffing through jib bracket instead of jib head, therefore less maintenance costs,
less power consumption and higher luffing speed
• very reliable and easily maintained fully hydraulic control system
• hoisting and luffing gear of easy to maintain open loop type
• slewing gear of closed loop type for independent speed control

The CBG and MPG type cranes can also be applied in sheltered waters for loading/
unloading vessels up to Capesize. The features of these cranes as detailed in the section
“Open Sea” apply.

Entwurf_13-02-08_vierter.indd 8 02.04.2008 08:15:20


9

Entwurf_13-02-08_vierter.indd 9 02.04.2008 08:15:22


10

Entwurf_13-02-08_vierter.indd 10 02.04.2008 08:15:33


LBS – Liebherr Barge Slewing
This new floating crane concept, Liebherr Barge Slewing (LBS), is conceived for midstream
operation in ports and sheltered waters, on rivers and in coastal waters; for ship to ship as
well as ship to shore handling. Based on the Liebherr mobile harbour crane series, the LBS
models are precisely tailored to meet individual requirements and manufactured according to
a uniform design principle combined with purpose-built barges as customer specific solutions.

In its floating crane concept, Liebherr combines state of the art technology and over 40 years
of experience in the maritime crane field with the expertise of established barge manufacturers.

Ship to ship handling


• transshipment and midstream operation between ocean-going vessels and river
barges on different types of waterways, including those having no or few quays.

Ship to shore handling


• direct cargo transfer from ship to shore. Especially when quays reach capacity limits
this solution poses an alternative to cost intensive modification of infrastructure
preventing cargo-handling bottlenecks. In addition LBS cranes can support existing
handling equipment providing a flexible response to fast changing requirements in
peak times. If the water alongside the quay is too shallow preventing ships of a
particular size from landing the LBS is applicable as a stopgap between ship and quay
replacing investment in expensive quay walls and deep-draught berths.

LBS types
max. lifting capacity
Type max. radius bulk handling container handling heavy lift
on the ropes under spreader on the hook
(m) (t) (t) (t)
LBS 600 50 75 50 140
LBS 500 50 52 50 80
LBS 400 48 50 50 70

11

Entwurf_13-02-08_vierter.indd 11 02.04.2008 08:15:36


Complete Floating
Crane Concept
This new barge concept which has been designed by Logmarin and incorporates Liebherr’s heavy duty high
performance four-rope grab cranes offers optimum efficiency in bulk handling even in open sea. The following
services are conveniently provided from one hand for excellent co-ordination:

• basic engineering and advisory services (owner representative)


• overall floating crane technical specification
• preparation of all the necessary drawings and documents for Class approval
• all information for construction drawings
• support for Classification
• budgeting and/or selection of shipyard
• overall management and site supervision
• services on behalf of the owner/shipyard
• supervision (full-time) through qualified personnel from different disciplines
• floating crane start-up and personnel training
• technical supervision

These services combined with latest technology provide efficient operation and the following advantages:
• suitable to unload Capesize Vessel
• strategically positioned heavy duty cranes (CBG or MPG) designed for continuous
operation
• barge with buffer storage
• open sea operation
• over 18,000 tonnes per day
• over 25,000 tonnes per day with loading arm
• larger pontoon
• heavy lift 60 t in hook operation
• less weather sensitive
• better stability due to counterweight of crane
• roll damping system (fins and U-ballast tanks)

12

Entwurf_13-02-08_vierter.indd 12 02.04.2008 08:15:46


13

Entwurf_13-02-08_vierter.indd 13 02.04.2008 08:15:50


Special Solutions
for Bulk Handling

14

Entwurf_13-02-08_vierter.indd 14 02.04.2008 08:16:01


For the flexible handling of individual loads or bulk materials, Liebherr offers
many machines specially modified for such tasks, for example, its Duty Cycle
Crawler Cranes. Liebherr is a leading manufacturer of modern hydraulic
crawler cranes. The wide range of equipment and attachments available
enables them to be converted rapidly and without difficulty for either cargo
or bulk material handling.

Duty Cycle Crawler Cranes Type HS


The wide range of modern Liebherr Hydraulic Crawler Cranes includes machines with lifting
capacities between 43.5 t and 200 t. The flexible high performance machines can be equipped
with all common types of grabs and draglines and can be operated either on shore or on board
a barge in sheltered waters. This provides the user with high flexibility and enables high utilization.
As an option the upper structure can be directly mounted onto a barge or ship to remain
permanently on the vessel. A wide range of optional equipment can be offered, as for example:

• a raised operator’s cabin for an unrestricted view into the vessel’s hold
• an adapter between the crane’s undercarriage and upper structure to raise the boom pivot
point
• an extended safety package with access ladder guards, wide catwalks, additional mirrors
and an acoustic travel warning signal
• additional anti-corrosion coat and hot-dip galvanized cabin

All Liebherr Crawler Cranes are equipped with the modern Litronic® control system and offer
precise online load-moment computing to allow maximum use of available load capacities.
Low operation costs and high reliability are further significant advantages.

15

Entwurf_13-02-08_vierter.indd 15 02.04.2008 08:16:09


Maritime Equipment Worldwide.

Sunderland
Rostock
Killarney
Nenzing

Manufacturing Head Offices


Sales and Service Stations
Representative Offices

Members of Liebherr-MCCtec GmbH (Maritime Division):


Liebherr-Werk Nenzing GmbH Liebherr Container Cranes Ltd. Liebherr-MCCtec Rostock GmbH Liebherr Sunderland Works Ltd.
Dr. Hans Liebherr Strasse 1 Killarney, Co. Kerry Liebherrstrasse 1 Ayres Quay, Deptford Terrace
6710 Nenzing Republic of Ireland 18147 Rostock Sunderland
Austria Tel. +353 64 70 200 Germany Tyne and Wear, SR4 6DD
Tel. +43 50809 41 0 Fax +353 64 31 602 Tel. +49 381 60 06 0 Great Britain

Illustrations and data may differ from standard equipment • Subject to change
Fax +43 50809 41 500 E-Mail: sales.lcc@liebherr.com Fax +49 381 60 06 100 Tel. +44 191 51 43 001
E-Mail: info.lwn@liebherr.com E-Mail: info.mcr@liebherr.com Fax +44 191 51 44 191
E-Mail: info.lsw@liebherr.com

Sales and Service Stations:


Liebherr Nenzing Crane Co. Liebherr Nenzing Service GmbH Liebherr-Maritime Benelux B.V. Liebherr Singapore Pte. Ltd.
7075 Bennington Street Am Neuländer Baggerteich 1 Beeldschmerweg 2 8 Pandan Avenue
Houston, TX 77028-5812 21079 Hamburg 3821 AH Amersfoort Singapore 609384
USA Germany The Netherlands Singapore
Tel. +1 713 636 4050 Tel. +49 40 767 022 00 Tel. +31 33 4500 830 Tel. +65 6265 2305
Fax +1 713 636 4051 Fax +49 40 767 587 86 Fax +31 33 4500 899 Fax +65 6261 6485

Liebherr Great Britain Ltd. Liebherr EMtec Italia S.p.A. Liebherr Brasil – Port Equipment Liebherr Ibérica S.A.
Stratton Business Park Via dell’Industria, 8-12 Latin America Carretera A-2, km 41
Normandy Lane 24040 Lallio (BG) Rua Gomes de Carvalho, 1581 c/Aluminio, parcela 6-8
Biggleswade, SG18 8QB Italy Salas 202/203 - Vila Olimpia Poligono Industrial Miralcampo
Great Britain Tel. +39 035 69691 40 04547-006 – São Paulo – SP 19200 Azuqueca de Henares,
Tel. +44 1767 602 160 Fax +39 035 69691 49 Brazil Guadalajara
Fax +44 1767 602 161 Tel. +55 11 3845 4181 Spain
LWN 10446702 - 02.08

Fax +55 11 3845 7268 Tel. +34 949 348 730


Liebherr Russland Liebherr India Private Limited Fax +34 949 262 853
1-aja Borodinskaja str. 5 D-16/3 MICD, Ground Floor
Office 302 TCC Industrial Area, Turbhe
121059 Moscow Navi Mumbai - 400 703
Russian Federation India
Tel. +7 495 502 1734 Tel. +91 22 6795 7500
Fax +7 495 933 7223 Fax +91 22 6795 7505 www.liebherr.com

Liebherr-Werk Nenzing GmbH


P.O. Box 10, A-6710 Nenzing/Austria
Tel.: +43 50809 41-0
Fax: +43 50809 41-500
info.lwn@liebherr.com
www.liebherr.com

Entwurf_13-02-08_vierter.indd 16 02.04.2008 08:16:11


<ÕLi…ŸÀŽ>Ì>œ}
ˆiL…iÀÀ‡7iÀŽÊ …ˆ˜}i˜Ê“L
Óääx

VViÃÜÀˆiÃÊV>Ì>œ}ÕiÊ
ŠÁÓÁÌÏÄÐÑÉÎÁÅÌÆÇÎÏÒÓÆÊ
˜…>ÌÃÛiÀâiˆV…˜ˆÃ

œ˜Ìi˜ÌÃʱʎÄÌÁÃÌÆÎÉÆ

-iˆÌi

£
+Õ>ˆÌBÌÃLiÃV…ÀiˆL՘} ä{ʇÊäx
iÃVÀˆ«Ìˆœ˜ÊœvʵÕ>ˆÌÞÊ
ŽÐÉÒÁÎÉÆËÁØÆÒÓÃÁ

˜ÃV…>}ŽiÌÌi˜Ê­£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}® äÈʇÊÓx

Ó
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}Ã
—ÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ

ÕÃ}iˆV…Ã}i…B˜}iÉiÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}i ÓÈʇÊә

Î
œ“«i˜Ã>̈˜}Êψ˜}Ê
‚ÜÑÁÃÎÉÃÁßÚÉÆÑÏÌÉËÏÃÜÆÂÌÏËÉ

{
/iÝ̈iʘÃV…>}“ˆÌÌiÊ­,՘`ÃV…ˆ˜}i˜®Ê“ˆÌÊ ÎäʇÊÎÇ
`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
/iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}
ŒÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ

x
*œÞÌiÝÊ,՘`ÃV…ˆ˜}i˜}i…B˜}iÊ ÎnʇÊ{£
­£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}®Ê“ˆÌÊ&Ãi˜‡>Ã̅>Ži˜
,œÕ˜`Êψ˜}ÃÊ܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ
ÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊÃÏÅÉÎÑÔØÆÊÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“ {ÓʇÊxÎ

È /ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“Ê
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ

˜ÃV…>}ÃiˆiÊ­£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}® x{ʇÊÈx

Ç ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃÊ
—ÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ

˜ÃV…>}ÃiˆâÕLi…ŸÀÊ­"Û>Àˆ˜}]Ê,ˆ˜}}i…B˜}iÊ`ÀiˆÌiˆˆ}]Ê ÈÈʇÊÈÇ

n -‡>Ã̅>Ži˜]Ê-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜Ê“ˆÌÊ&Ãi®
ˆv̈˜}ÊV>LiÊ>VViÃÜÀˆiÃʱʗÁÌÏØÎÜÊÓÑÏÒÒÓÑÏÐÏÃÏØÎÜÊËÁÎÁÓ vÐÑÉÎÁÅÌÆÇÎÏÒÓÉ

-iˆâÕLi…ŸÀ ÈnʇÊș

™
>LiÃÊ>˜`ÊV>LiÊ>VViÃÜÀˆiÃ
ŠÁÎÁÓÜÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ

Ó
-iˆÌi

/À>}Ži““i ÇäʇÊÇ£

£ä ˆv̈˜}Ê}Àˆ«
ŠÁÎÁÓÜÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ

££
/À>ÛiÀÃi˜ ÇÓʇÊÇx
-«Ài>`iÀÊLi>“ÃÊ
’ÑÁÃÆÑÒÜ

£Ó
*"9/ 8‡<ÕÀÀ}ÕÀÌÃÞÃÌi“Ê,-Ê£ä äää ÇÈʇÊÇÇ
*"9/ 8ÊÀ>V…iÌÊÃÌÀ>«ÊÃÞÃÌi“Ê,-Ê£ä äää
‘ÉÒÓÆÍÁËÑÆÐÆÇÎÜÖÓÀÇÆÊ0/,94%823

<ÕÀÀŽiÌÌi˜ÃÞÃÌi“Ê, ÇnʇÊǙ

£Î
…>ˆ˜Ê>ň˜}ÊÃÞÃÌi“Ê,
‘ÉÒÓÆÍÁËÑÆÐÆÇÎÜÖ×ÆÐÆÊ!2+

՘Ž}iÀBÌiÊ*ÊÎÓäÊ՘`Ê*ÊÎ{ä näʇÊn£

£{ ,>`ˆœÊ1˜ˆÌÃÊ*ÊÎÓäÊ>˜`Ê*ÊÎ{äÊ
ÁÅÉÏÒÓÁÎ×ÉÉ'0É'0

<ÕLi…ŸÀÊvØÀÊ՘Ž}iÀBÌi nÓʇÊnÎ

£x VViÃÜÀˆiÃÊvœÀÊÀ>`ˆœÊ՘ˆÌÃÊ
ÑÉÎÁÅÌÆÇÎÏÒÓÉÅÌÀÑÁÅÉÏÒÓÁÎ×ÉÊ

iŽÌÀˆÃV…iÊ ˆiÃi«Õ“«iÊœÀ˜iÌÊ7ÊxäÊ n{ʇÊnx

£È “ˆÌÊÕ̜“>̈Žâ>«v«ˆÃ̜iÊ՘`Ê<B…ÜiÀŽÊ<ÊÎää
iVÌÀˆVÊ`ˆiÃiÊ«Õ“«]ÊœÀ˜iÌÊ7ÊxäʏÊ
ÌÆËÓÑÏÎÁÒÏÒ(ORNET7))ÅÌÀÐÏÅÁØÉÅÉÈÆÌÝÎÏÄÏÓÏÐÌÉÃÁ

ˆ˜v>V…܈ÀŽi˜`iÊ>˜`«Õ“«iÊÊÓÊâÕÀÊŸÀ`iÀ՘}Êۜ˜Ê ˆiÃi nÈʇÊnÇ

£Ç >˜`ʫՓ«ÊÊÓÊvœÀÊ̅iÊÃÕ««ÞʜvÊ`ˆiÃiÊ
ÔØÎÏÊÎÁÒÏÒÅÌÀÐÏÅÁØÉÅÉÈÆÌÝÎÏÄÏÓÏÐÌÉÃÁ+(

/À>˜Ã«œÀÌLœVŽÊ7ˆ˜`iÊÊ/Ê£Óä䇣 nnʇÊn™

£n /À>˜Ã«œÀÌ>̈œ˜ÊvÀ>“iÊ܈˜V…ÊÊ/Ê£Óä䇣
’ÑÁÎÒÐÏÑÓÎÁÀÏÐÏÑÁÌÆÂÆÅËÉ)),4- 

œ`i˜«>ÌÌi˜Ê­>ÃÌÛiÀÌiˆ«>ÌÌi˜® ™äʇʙ£

£™ -Õ««œÀÌÊ«>ÌiÃÊ­œ>`Ê`ˆÃÌÀˆLṎœ˜Ê“>Ìî
ŽÐÏÑÎÜÆÐÌÉÓ܏ÌÉÓÜÑÁÒÐÑÆÅÆÌÆÎÉÀÎÁÄÑÔÈËÉ

Î
£

+Õ>ˆÌBÌÃLiÃV…ÀiˆL՘}
iÃVÀˆ«Ìˆœ˜ÊœvʵÕ>ˆÌÞʱʎÐÉÒÁÎÉÆËÁØÆÒÓÃÁ

i˜˜`ˆVŽi˜ÊÈqÓÓʓ“ œ“ˆ˜>Ê}>Õ}iÊÈqÓÓʓ“ ÏÍÉÎÁÌÝÎÁÀÓÏÌÚÉÎÁ


-œ˜`iÀ‡ØÌiŽ>ÃÃiÊnÊLâÜ°Ê -«iVˆ>Ê}À>`iÊnʜÀÊ  ÍÍ
ØÌiŽ>ÃÃiÊ£ä }À>`iÊ£ä ‘ÐÆ×ÉÁÌÝÎÜÊËÌÁÒÒËÁØÆÒÓÃÁ
UÊ Êˆ˜`°ÊÓx¯Ê…Ÿ…iÀiÊ/À>}vB…ˆ}ŽiˆÌÊ>ÃÊ UÊ *ÀœÛˆ`iÊ>Ìʏi>ÃÌÊÓx¯Ê…ˆ}…iÀʏœ>`ÊLi>‡ ÉÌÉËÌÁÒÒËÁØÆÒÓÃÁ
ØÌiŽ>ÃÃiÊnÊiÀ“Ÿ}ˆV…ÌÊ4LiÀ}>˜}Ê>ÕvÊ Àˆ˜}ÊV>«>VˆÌÞÊ̅>˜Ê}À>`iÊnÊVœÕ«ˆ˜}ÃÊ c ‰ÀÊÌÈÍÈÌÓÌÍÀÁÎËÜØÀ¿
Žiˆ˜iÀiÊiÌÌi˜`ˆ“i˜Ãˆœ˜i˜ vœÀÊÓ>iÀÊÈâi`ÊV…>ˆ˜Ã ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÎÑÐÀÂÍÅÍÈÞ
UÊ Ê >`ÕÀV…ÊœÃÌi˜iÀë>À˜ˆÃÊ­LˆÃÊâÕÊÎä¯®Ê UÊ ,i`ÕViÊVœÃÌÃÊ­Õ«Ê̜ÊÎ䯮Ê>˜`ÊÃ>ÛiÊ ÑÊËÀÑÑÎÌÊÀ×ÅÑÒÂÀÏÎÇÂÎË¿ÅÒ
՘`Êi܈V…ÌÃiÀë>À˜ˆÃÊ­LˆÃÊâÕÊx䯮 Üiˆ}…ÌÊ­Õ«Ê̜Êx䯮 ÏÅÐÅÉÒÈÍÀÖÅÏÈÌÅÍÜØÈÕÐÀÇÌÅÐÎÂ
UÊ ÊB˜}iÀiÊiLi˜Ã`>ÕiÀÊ`ÕÀV…Ê…Ÿ…iÀiÊ UÊ œ˜}iÀʏˆviÊ`ÕiÊ̜ʅˆ}…iÀʓiV…>˜ˆV>Ê c œÒÎÄÀÅÒÝÊÎÍÎÌÈÞÇÀÒÐÀÒÄÎ È
iÃ̈}ŽiˆÌ ÃÌÀi˜}̅ ÂÅÑÀÄÎ
UÊ Ê >ÕÌiˆi\ÊØÌiŽ>ÃÃi˜ÃÌi“«iÕ˜}ʹn7ºÊ UÊ
œ“«œ˜i˜ÌÃ\ʵÕ>ˆÌÞÊÃÌ>“«Ê¹n7ºÊœÀÊ c ’ÂÅËÈ×ÅÍÈÅÑÐÎÊÀÑËÓÆÁÛÁËÀÃÎÄÀп
œ`iÀʹ£äºÊ՘`Ê*ՏÛiÀLiÃV…ˆV…Ì՘}Ê-œ˜‡ ¹£äºÆÊ«œÜ`iÀ‡Vœ>Ìi`Ê-«iVˆ>ÊœÀ>˜}iÊ ÁÎËÅÅÂÛÑÎÊÎÉÏÐÎ×ÍÎÑÒÈ
`iÀv>ÀLiÊ"À>˜}iÊ «>ˆ˜Ì c ‰ÎÍÑÒÐÓÊÒÈÂÍÛÅÝËÅÌÅÍÒÛ
UÊ ÊiÌÌi\Ê ÊØÌiŽ>ÃÃi˜ÃÌi“«iÕ˜}ʹn7ºÊ UÊ
…>ˆ˜\Êʹn7ºÊµÕ>ˆÌÞÊÃÌ>“«Ê>˜`Ê>``ˆÌˆ‡ ‹ÀÐÊÈÐÎÂÊÀÊËÀÑÑÀÊÀ×ÅÑÒÂÀr7s
՘`ÊâÕÃBÌ⏈V…iÊ-Ìi“«iÕ˜}ʹ7ºÊ œ˜>ÊÃÌ>“«i`ʹ7ºÊ“>ÀŽˆ˜}Ãʜ˜Ê ÈËÈrsÈÏÎÐÎØÊÎÂÎÅÏÎÊÐÛÒÈÅ
>Õvʍi`i“ÊiÌÌi˜}ˆi`Ê i>V…ÊV…>ˆ˜Êˆ˜Ž ÏÅÖÈÀËÜÍÀ¿ÎÐÀÍÆÅÂÀ¿ÊÐÀÑÊÀ
Õ~iÀ}iܟ…˜ˆV…iÀÊ-V…ÕÌâÊ}i}i˜Ê -«iVˆ>Ê* 7
"/Ê>˜Ìˆ‡VœÀÀœÃˆ‡ c •ÅÏÜ‹ÀÐÊÈÐÎÂÊÀÊËÀÑÑÀÊÀ×ÅÑÒÂÀ
œÀÀœÃˆœ˜Ê`ÕÀV…Ê* 7
"/Á‡ œ˜Ê«ÀœÌiV̈œ˜ÊÁ‡Vœ>̈˜}Ê r7sÈÄÎÏÎËÍÈÒÅËÜÍÀ¿ÌÀÐÊÈÐÎÂÊÀ
iÃV…ˆV…Ì՘} UÊ
…>ˆ˜Ê“>ÀŽi`Ê܈̅ʓ>˜Õv>VÌÕÀiÀ½ÃÊ r7sÍÀÊÀÆÄÎÌÇÂÅÍÅÖÅÏÈ
UÊ ÊiÌÌiÊ>iÊÎääʓ“Ê“ˆÌÊiÀÃÌiiÀâiˆV…i˜Ê ÃÌ>“«Ê>˜`ʵÕ>ˆÌÞÊ}À>`iÊiÛiÀÞÊÎääʓ“Ê ‡ÑÊËÞ×ÈÒÅËÜÍÀ¿ÇÀÙÈÒÀÎÒÊÎÐÐÎÇÈÈ
՘`ÊØÌiŽ>ÃÃiÊi˜˜â>…Ê¹n7ºÊ}iŽi˜˜‡ ¹n7ºÊ“>ÀŽˆ˜}ÃÊ­iÝVii`ÃÊÀiµÕˆÀi“i˜ÌÃʜvÊ ÁËÀÃÎÄÀпÏÎÊÐÛÒÈÞ0%7!#/!4f
âiˆV…˜iÌÊ­LiÃÃiÀÊ>ÃÊۜ˜Ê  Ê Ên£nÊ  Ê Ên£n® c ŒÀÖÅÏÈ×ÅÐÅÇÊÀÆÄÛÅÌÌ
}ivœÀ`iÀÌ® UÊ
…>ˆ˜ÃÊ>˜`ÊVœ“«œ˜i˜ÌÃʓiï˜}Ê  Ê ÍÀÍÅÑÅÍÛÔÈÐÌÅÍÍÛÉÇÍÀÊ
UÊ ÊiÌÌi˜Ê՘`Ê >ÕÌiˆiʘ>V…Ê  Ê Ên£nÊ Ên£nÊ>˜`Ê  Ê Ê£ÈÇÇÊ܈̅ʅˆ}…iÀÊ ÈÇÃÎÒÎÂÈÒÅË¿ÈÌÀÐÊÈÐÎÂÊÀÊËÀÑÑÀ
՘`Ê  Ê Ê£ÈÇÇʓˆÌʅŸ…iÀi˜Ê/À>}vB…ˆ}‡ œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ ÊÀ×ÅÑÒÂÀr7sËÓ×ØÅ ×ÅÌÒÐÅÁÓÅÒ
ŽiˆÌi˜ UÊ
…>ˆ˜ÊÌ>}ʓ>ÀŽˆ˜}ÃÊ>VV°ÊÌœÊ  Ê Ên£n $).%.
UÊ Êi˜˜âiˆV…˜Õ˜}Ê>ÕvÊiÌÌi˜>˜…B˜}iÀÊ c •ÅÏÈÈÊÎÍÑÒÐÓÊÒÈÂÍÛÅÝËÅÌÅÍÒÛ
˜>V…Ê  Ê Ên£n ÂÑÎÎÒÂÅÒÑÒÂÈÈÑ$).%.È
$).%.ÄË¿ÏÎÂÛØÅÍÍÎÉ
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈ
i˜˜âiˆV…˜Õ˜}ʘ>V…Ê  Ê Ên£n c‹ÀÐÊÈÐÎÂÊÀÍÀ¿ÐËÛÊÅ
ˆiʘÃV…>}ŽiÌÌi˜Ê`iÀÊ-œ˜`iÀ‡ ÖÅÏÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ$).
ØÌiŽ>ÃÃiÊnÊLâÜ°ÊØÌiŽ>ÃÃiÊ£äÊȘ`ʓˆÌÊ %.
iˆ˜i“ÊœÛ>i˜Ê˜…B˜}iÀÊ}iŽi˜˜âiˆV…˜iÌ]Ê
>ÕvÊ`i“Ê-ÌÀ>˜}â>…]ÊiÌÌi˜‡ i˜˜`ˆVŽiÊ՘`Ê
`ˆiÊ/À>}vB…ˆ}ŽiˆÌÊiˆ˜v>V…Ê`ˆÀiŽÌÊ>˜}i}iLi˜Ê
Ș`°
ˆiÊØÌiŽ>ÃÃiÃޓLœiÊȘ`ʈ“Ê*ÀiˆÃÊ`iÀÊ
iՎiÌÌi˜Êi˜Ì…>Ìi˜]Ê>LiÀÊ>ÕV…Êiˆ˜âi˜ÊâÕÊ
iÀÜiÀLi˜°

>ÀŽˆ˜}ÃÊ>VV°ÊÌœÊ  Ê Ên£n

…>ˆ˜Êψ˜}ÃʜvÊÌÞ«iÊëiVˆ>Ê}À>`iÊnʜÀÊ
}À>`iÊ£äÊ>ÀiÊwÌÌi`Ê܈̅Ê>˜ÊœÛ>ÊÌ>}Ê܅ˆV…Ê
ˆ˜`ˆV>ÌiÃʘœ°Êœvʏi}Ã]ʘœ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}iÊ
>˜`Ê̅iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ°
/…iʵÕ>ˆÌÞÊ}À>`iÊÃޓLœÃÊ>Àiʈ˜VÕ`i`ʈ˜Ê
̅iÊ«ÀˆViʜvÊ̅iʘiÜÊV…>ˆ˜Ã]ÊLÕÌʓ>ÞÊ>ÃœÊ
LiÊ«ÕÀV…>Ãi`ÊÃi«>À>ÌiÞ°

‹ÀÐÊÈÐÎÂÊÀ }i“iˆ˜iʈ˜ÜiˆÃi\
ÑÎÎÒÂÅÒÑÒÂÈÈÑ$).%. UÊ Êi˜˜âiˆV…˜Õ˜}Ê>iÀʘÃV…>}ŽiÌÌi˜Ê“ˆÌʘBV…ÃÌi“Ê*ÀØvâiˆÌ«Õ˜ŽÌÊ>ÕvÊ*ÀØv«>ŽiÌÌi
–ÀËÎ×ÍÛÅÖÅÏÈÑÏÅÖÈÀËÜÍÎÃÎÊËÀÑÑÀ UÊ Ê6iÀÜi˜`՘}ʈ˜Ê/i“«iÀ>ÌÕÀLiÀiˆV…i˜Êۜ˜Êq{äc
ÊLˆÃÊÓääc
ÊLiˆÊ£ää¯Ê/À>}vB…ˆ}ŽiˆÌÊ
ÊÀ×ÅÑÒÂÀÈËÈÊËÀÑÑÀÊÀ×ÅÑÒÂÀ ­â܈ÃV…i˜ÊÓääc
Ê՘`ÊÎääc
ÊÀi`ÕâˆiÀÌÊÈV…Ê`ˆiÊ/À>}vB…ˆ}ŽiˆÌÊ>Õvʙä¯]Êâ܈ÃV…i˜Ê
ÌÀÐÊÈÐÎÂÀÍÛÎÂÀËÜÍÛÌ¿ÐËÛÊÎÌ Îääc
Ê՘`Ê{ääc
Ê>ÕvÊÇx¯®
ÍÀÊÎÒÎÐÎÌÏпÌÎÓÊÀÇÀÍÛ×ÈÑËÎ UÊ Ê iˆÊÃV…>Àvi˜Ê>˜Ìi˜Ê­,>`ˆÕÃʎiˆ˜iÀÊiÌÌi˜‡ i˜˜`ˆVŽi®Êi“«vi…i˜Ê܈ÀÊ`ˆiÊ/À>}vB…ˆ}‡
ÐÓ×ÜÅ ÍÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈÈ ŽiˆÌÊ`iÀÊiÌÌiʈ˜Ê`iÀÊ}iÜB…Ìi˜Ê˜ÃV…>}>ÀÌÊՓÊxä¯ÊâÕÊÀi`ÕâˆiÀi˜
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ UÊ Ê i˜˜âiˆV…˜Õ˜}Ê`iÀÊiÌÌiʓˆÌÊ`i˜ÌˆwŽ>̈œ˜Ã˜Õ““iÀÊ­£äÊ>…ÀiÊ,ØVŽÛiÀvœ}L>ÀŽiˆÌ®
žÐËÛÊÈ ÏÎÊÀÇÛÂÀÞÙÈÅÊËÀÑÑÊÀ×ÅÑÒÂÀ UÊ Ê+Õ>ˆÌBÌÃ}iÈV…iÀÌiÊiÕÀœ«BˆÃV…iÊiÀ̈}՘}Ê`ÕÀV…Ê-"ʙää£ÊâiÀ̈wâˆiÀÌiÃÊ1˜ÌiÀ˜i…‡
ÂÕÎÄ¿ÒÂÖÅÍÓÍÎÂÛÕÖÅÏÅÉ ÍÎÈÕÌÎÆÍÎ “i˜
ÒÀÊÆÅÇÀÊÀÇÀÒÜÎÒÄÅËÜÍÎ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
{
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
£

i˜˜`ˆVŽi˜ÊÓÈqÎÓʓ“ œ“ˆ˜>Ê}>Õ}iÊÓÈqÎÓʓ“Ê ÏÍÉÎÁÌÝÎÁÀÓÏÌÚÉÎÁ


ØÌiŽ>ÃÃiÊn +Õ>ˆÌÞÊ}À>`iÊn  ÍÍ
UÊ ÊiÌÌi˜Ê՘`Ê >ÕÌiˆiʓˆÌÊ* 7
"/Á‡ UÊ
…>ˆ˜ÃÊ>˜`ÊVœ“«œ˜i˜ÌÃÊ܈̅Ê* 7‡ ŠÌÁÒÒËÁØÆÒÓÃÁ
iÃV…ˆV…Ì՘}
"/Á‡Vœ>̈˜} c •ÅÏÈÈÓÇËÛÑÏÎÊÐÛÒÈÅÌ0%7!
UÊ ÊiÌÌi˜Ê՘`Ê >ÕÌiˆiʘ>V…Ê  Ê Ên£nÊ UÊ
…>ˆ˜ÃÊ>˜`ÊVœ“«œ˜i˜ÌÃÊVœ“«ˆ>˜ÌÊ #/!4f
՘`Ê  Ê Ê£ÈÇÇ ÜˆÌ…Ê  Ê Ên£nÊ>˜`Ê  Ê Ê£ÈÇÇ c •ÅÏÈÈÓÇËÛÂÑÎÎÒÂÅÒÑÒÂÈÈÑ$).%.
UÊ ÊiÌÌiÊ>iÊÎääʓ“Ê“ˆÌÊiÀÃÌiiÀâiˆV…i˜Ê UÊ
…>ˆ˜Ê“>ÀŽi`Ê܈̅ʓ>˜Õv>VÌÕÀiÀ½ÃÊ È$).%.
՘`ÊØÌiŽ>ÃÃiÊi˜˜â>…Ê¹nºÊ}iŽi˜˜‡ ÃÌ>“«Ê>˜`ʵÕ>ˆÌÞÊÀ>`iʺn»Ê“>ÀŽˆ˜}ÃÊ c ŒÀÖÅÏÈ×ÅÐÅÇÊÀÆÄÛÅ
âiˆV…˜iÌÊ iÛiÀÞÊÎääʓ“Ê­iÝVii`ÃÊÀiµÕˆÀi“i˜ÌÃʜvÊ ÌÌÍÀÍÅÑÅÍÛÒÎÂÀÐÍÛÉÇÍÀÊ
­LiÃÃiÀÊ>ÃÊۜ˜Ê  Ê Ên£nÊ}ivœÀ`iÀÌ®  Ê Ên£n® ÈÇÃÎÒÎÂÈÒÅË¿ÈÌÀÐÊÈÐÎÂÊÀÊËÀÑÑÀ
UÊ Êi˜˜âiˆV…˜Õ˜}Ê>ÕvÊiÌÌi˜>˜…B˜}iÀÊ UÊ
…>ˆ˜ÊÌ>}ʓ>ÀŽˆ˜}ÃÊ>VV°ÊÌœÊ  Ê Ên£n ÊÀ×ÅÑÒÂÀr7sËÓ×ØÅ ×ÅÌÒÐÅÁÓÅÒ
˜>V…Ê  Ê Ên£n $).%.
c ‹ÀÐÊÈÐÎÂÊÀÍÀ¿ÐËÛÊÅÖÅÏÈÂ
ÑÎÎÒÂÅÒÑÒÂÈÈÑ$).%.

‡-Ìi“«i]ÊiÀÃÌiiÀ‡i˜˜âiˆV…i˜]ʹn7ºÊœ`iÀÊ -Ìi“«iÕ˜}ʹ7ºÊ>ÕvÊ`i“ʏˆi`ÀØVŽi˜Êi`iÃÊ
¹£äºÊ>ÕvÊ`i˜Ê >ÕÌiˆi˜° iÌÌi˜}ˆi`ið

‡ÃÌ>“«]ʓ>˜Õv>VÌÕÀiÀ¼Ãʓ>ÀŽ] ¹7ºÊÃÌ>“«Êœ˜Ê̅iÊL>VŽÊœvÊi>V…ÊV…>ˆ˜Êˆ˜Ž
¹n7ºÊœÀʹ£äºÊœ˜Ê̅iÊVœ“«œ˜i˜ÌÃ

Œ ÌÀÐÊÈÐÎÂÊÀ ÒÎÂÀÐÍÛÉÇÍÀÊ ‹ÀÐÊÈÐÎÂÊÀr7sÍÀÇÀÄÍÅÉÑÒÎÐÎÍÅÊÀÆÄÎÃÎ


ÈÇÃÎÒÎÂÈÒÅË¿ r7sÈËÈrsÍÀ ÇÂÅÍÀÖÅÏÈ
ÊÎÍÑÒÐÓÊÒÈÂÍÛÕÝËÅÌÅÍÒÀÕ

i˜˜âiˆV…˜Õ˜} >ÀŽˆ˜}à ‹ÀÐÊÈÐÎÂÊÀÂ


˜>V…Ê  Ê Ên£n >VV°ÊÌœÊ  Ê Ên£n ÑÎÎÒÂÅÒÑÒÂÈÈÑ$).%.
ˆiʘÃV…>}ŽiÌÌi˜Ê`iÀÊ
…>ˆ˜Êψ˜}ÃʜvʵÕ>ˆÌÞÊ}À>`iÊnÊ –ÀËÎ×ÍÛÅÖÅÏÈÊËÀÑÑÀ
ØÌiŽ>ÃÃiÊnÊȘ`ʓˆÌÊiˆ˜i“Ê >Àiʏ>Lii`Ê܈̅Ê>˜ÊœVÌ>}œ˜>Ê ÊÀ×ÅÑÒÂÀÌÀÐÊÈÐÎÂÀÍÛ
>V…ÌiVŽˆ}i˜Ê˜…B˜}iÀÊ}iŽi˜˜‡ Ì>}]Ê܅ˆV…ÊÃÌ>ÌiÃÊ̅iʘœ°ÊœvÊ ÂÎÑÜÌÈÓÃÎËÜÍÛÌ¿ÐËÛÊÎÌ
âiˆV…˜iÌ]Ê>ÕvÊ`i“Ê-ÌÀ>˜}â>…]Ê i}Ã]ʘœ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}iÊ>˜`Ê ÍÀÊÎÒÎÐÎÌÏпÌÎ
iÌÌi˜‡ i˜˜`ˆVŽiÊ՘`Ê`ˆiÊ Ì…iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ° ÓÊÀÇÀÍÛ×ÈÑËÎÐÓ×ÜÅÂ
/À>}vB…ˆ}ŽiˆÌÊiˆ˜v>V…Ê`ˆÀiŽÌÊ>˜‡ /…iʵÕ>ˆÌÞÊ}À>`iÊÃޓLœÃÊ>ÀiÊ ÍÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ
}i}iLi˜ÊȘ`° ˆ˜VÕ`i`ʈ˜Ê̅iÊ«ÀˆViʜvÊ̅iÊ ÈÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
ˆiÊØÌiŽ>ÃÃiÃޓLœiÊȘ`ʈ“Ê ˜iÜÊV…>ˆ˜Ã]ÊLÕÌʓ>ÞÊ>ÃœÊLiÊ žÐËÛÊÈ ÏÎÊÀÇÛÂÀÞÙÈÅ
*ÀiˆÃÊ`iÀÊ iՎiÌÌi˜Êi˜Ì…>Ìi˜]Ê «ÕÀV…>Ãi`ÊÃi«>À>ÌiÞ° ÊËÀÑÑÊÀ×ÅÑÒÂÀ ÂÕÎÄ¿ÒÂÖÅÍÓ
>LiÀÊ>ÕV…Êiˆ˜âi˜ÊâÕÊiÀÜiÀLi˜° ÍÎÂÛÕÖÅÏÅÉ ÍÎÈÕÌÎÆÍÎ
ÒÀÊÆÅÇÀÊÀÇÀÒÜÎÒÄÅËÜÍÎ

'ENERALNOTES ÁÙÈÅÓÊÀÇÀÍÈ¿
UÊ iÝÌÊÌiÃÌÊ`>ÌiÃÊvœÀÊ>ÊV…>ˆ˜Êψ˜}Ãʈ˜`ˆV>Ìi`ʜ˜Ê/iÃÌÊL>`}ià c ÑÅ×ÀËÎ×ÍÛÅÖÅÏÈÄÎËÆÍÛÈÌÅÒÜÊÎÍÒÐÎËÜÍÛÅÒÀÁËÈ×ÊÈ
UÊ "«iÀ>̈˜}ÊÌi“«iÀ>ÌÕÀiÃÊvÀœ“Êq{äc
Ê̜ÊÓääc
Ê>ÌÊ£ää¯Êœ>`Ê ÑÓÊÀÇÀÍÈÅÌÁËÈÆÀÉØÅÃÎÑÐÎÊÀÈÑÏÛÒÀÍÈÉ
Li>Àˆ˜}ÊV>«>VˆÌÞʭ̅iÊV>«>VˆÌÞÊ܈ÊÀi`ÕViÊ̜ʙä¯ÊLiÌÜii˜Ê c ŽÐÈÌÅÍÅÍÈÅÂÒÅÌÏÅÐÀÒÓÐÍÎÌÄÈÀÏÀÇÎÍÅÎÒ `#ÄÎ
ÓääÊc
Ê>˜`ÊÎääÊc
]ÊÀi`ÕViÃÊ̜ÊÇx¯ÊLiÌÜii˜ÊÎääÊc
Ê>˜`Ê `#ÏÐÈÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÂÒÅÌÏÅÐÀÒÓÐÍÎÌ
{ääÊc
® ÄÈÀÏÀÇÎÍÅÌÅÆÄÓ`#È`#ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
UÊ "˜ÊÅ>À«Êi`}iÃÊ­À>`ˆÕÃÊÓ>iÀÊ̅>˜Ê˜œ“ˆ˜>ÊV…>ˆ˜Ê܈`̅®Ê ÑÍÈÆÀÅÒÑ¿ÄÎ ÀÌÅÆÄÓ`#È`#uÄÎ
ÜiÊÀiVœ““i˜`ÊÀi`ÕVˆ˜}Ê̅iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ̅iÊ c ŽÐÈÍÀËÈ×ÈÈÎÑÒÐÛÕÊÐÎÌÎÊÐÀÄÈÓÑÌÀËÎÉÍÎÌÈÍÀËÜÍÎÉ
V…œÃi˜Êˆv̈˜}ʓi̅œ`ÊLÞÊxäʯ ÒÎËÙÈÍÛÖÅÏÈ ÌÛÐÅÊÎÌÅÍÄÓÅÌÓÌÅÍÜØÈÒÜÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ

…>ˆ˜Ê“>ÀŽi`Ê܈̅Ê ʘՓLiÀÊ­£äÊÞi>ÀÊÌÀ>Vi>LˆˆÌÞ® ÖÅÏÈÄË¿ÂÛÁÐÀÍÍÎÃÎÒÈÏÀÑÒÐÎÏÎÂÊÈÍÀ
UÊ +Õ>ˆÌÞÊ>ÃÃÕÀ>˜ViÊLÞÊ ÕÀœ«i>˜Ê“>˜Õv>VÌÕÀiÀÊ܈̅Ê-"ʙää£Ê c ‹ÀÐÊÈÐÎÂÊÀÖÅÏÈÈÄÅÍÒÈÔÈÊÀÖÈÎÍÍÛÌÍÎÌÅÐÎÌ
ViÀ̈wV>̈œ˜ ÂÎÇÌÎÆÍÎÑÒÜÎÒÑËÅÆÈÂÀÍÈ¿ÂÒÅ×ÅÍÈÅËÅÒ
c ÎÎÒÂÅÒÑÒÂÓÞÙÀ¿ÅÂÐÎÏÅÉÑÊÎÌÓÑÒÀÍÄÀÐÒÓÊÀ×ÅÑÒÂÀ
ÏÐÎÄÓÊÖÈ¿ÏÐÅÄÏÐÈ¿ÒÈ¿ ÑÅÐÒÈÔÈÖÈÐÎÂÀÍÍÎÃÎÏÎ)3/

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ x
Ó

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ

/À>}vB…ˆ}ŽiˆÌÃÌ>LiiÊvØÀʘÃV…>}ŽiÌÌi˜
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊÌ>LiÊvœÀÊV…>ˆ˜Êψ˜}ÃʱʒÁÂÌÉ×ÁÄÑÔÈÏÐÏÅÛÆÍÎÏÒÓÉØÁÌÏØÎÜÖ×ÆÐÆÊ

iÌÌi˜‡
i˜˜`ˆVŽi

œ“ˆ˜>
V…>ˆ˜Ê
}>Õ}i

ŒÎÌÈ
ÍÀËÜÍÀ¿
ÒÎËÙÈÍÀ
ÖÅÏÅÉ

““

LˆÃÊÈc LˆÃÊ{xc LˆÃÊ{xc LˆÃÊ{xc LˆÃÊ{xc


Õ«Ê̜ÊÈc Õ«Ê̜Ê{xc {xcqÈäc Õ«Ê̜Ê{xc {xcqÈäc Õ«Ê̜Ê{xc {xcqÈäc Õ«Ê̜Ê{xc {xcqÈäc
ÄÎ` ÄÎ` ÄÎ` ÄÎ` ÄÎ`
/ /³0 / /³0 / /³0

È £]{ä £]£Ó Ó]nä Ó]ää Ó]Ó{ Ó]ää £]{ä £]Èä £]£Ó Î]ää Ó]£Ó {]ää Ó]nä
n Ó]xä Ó]ää x]ää Î]xx {]ää Î]xx Ó]xä Ó]nä Ó]ää x]Îä Î]Çx Ç]£ä x]ää
£ä {]ää Î]£x n]ää x]Èä È]Îä x]Èä {]ää {]Óx Î]£x n]ää È]ää ££]Óä n]ää
£Î È]Çä x]Îä £Î]Óä ™]xä £ä]Èä ™]xä È]Çä Ç]xä x]Îä £{]ää £ä]ää £n]ää £Î]Óä
£È £ä]ää n]ää Óä]ää £{]ää £È]ää £{]ää £ä]ää ££]Óä n]ää Ó£]Óä £x]ää Ón]ää Óä]ää
£™ £{]ää ££]Óä Ón]ää Óä]ää ÓÓ]{ä Óä]ää £{]ää £È]ää ££]Óä Îä]ää Ó£]Óä {ä]ää Ón]ää
ÓÓ £™]ää £x]ää În]ää ÓÈ]xä Îä]ää ÓÈ]xä £™]ää Ó£]Óä £x]ää {ä]ää Ón]ää xÎ]ää ÎÇ]xä
ÓÈ Ó£]Óä £È]™x {Ó]{ä Îä]ää ÎÎ]xä Îä]ää Ó£]Óä ÓÎ]Çä £È]™x {x]ää Σ]xä ‡ ‡
ÎÓ Î£]xä Óx]Óä ÈÓ]xä {x]ää xä]ää {x]ää Σ]xä Îx]Óä Óx]Óä ÈÇ]ää {Ç]xä ‡ ‡

ˆiÊ/À>}vB…ˆ}ŽiˆÌÃ>˜}>Li˜Ê­ˆ˜ÊÌ®Ê /…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ­ˆ˜ÊÌ®Ê ‡ÎÁØÆÎÉÀÄÑÔÈÏÐÏÅÛÆÍÎÏÒÓÉÃÓ


i˜ÌëÀiV…i˜Ê`i“Ê ˆ˜Ã>ÌâÊ`iÀʘÃV…>}ŽiÌÌi˜Ê՘ÌiÀʘœÀ“>i˜Ê >««ˆiÃÊ܅i˜Ê̅iÊV…>ˆ˜Êψ˜}ÃÊ>ÀiÊÕÃi`Ê՘`iÀʘœÀ“>ÊVœ˜`ˆÌˆœ˜ÃÊ ×ÀËÎ×ÍÛÕÖÅÏÅÉÑÎÎÒÂÅÒÑÒÂÓÞÒÈÑÏÎËÜÇÎÂÀÍÈÞÈÕÂ
i`ˆ˜}՘}i˜Ê­-ޓ“iÌÀˆÃV…iÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i®° ­Ãޓ“iÌÀˆV>Êœ>`ˆ˜}ʜvÊ>Êi}î° ÎÁÛ×ÍÛÕÓÑËÎÂÈ¿ÕÑÈÌÌÅÒÐÈ×ÍÀ¿ÍÀÃÐÓÇÊÀÂÑÅÕÐÓ×ÜÅ 
/ iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ /ʘÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`à /ʎÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈ
Ê Ê qÊ L
Ê iˆÊӇÃÌÀB˜}ˆ}i˜Êi…B˜}i˜Ê˜ÕÀÊiˆ˜Ê-ÌÀ>˜}Ê>ÃÊÌÀ>}i˜`Ê Ê Ê qÊÊvœÀÊӇi}}i`Êψ˜}ÃʈÌʓ>ÞÊLiÊ>ÃÃՓi`Ê̅>Ìʜ˜iʏi}ÊV>ÀÀˆiÃÊ uŽÐÈÈÑÏÎËÜÇÎÂÀÍÈÈÏÎÄÂÅÑÊÈÂÐÓ×Ü¿ÒÎËÜÊÎÎÄÈÍ
>˜}i˜œ““i˜ÊÜiÀ`i˜Ê­Ãˆi…iÊ£‡ÃÌÀB˜}ˆ}iÊi…B˜}i® ̅iÊvՏÊœ>`Ê­ÃiiÊȘ}i‡i}}i`Êψ˜}î ÐÓ×ÅÉÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÑÌÏÎÄÂÅÑÊÓÂÎÄÈÍ
Ê Ê qÊ L
Ê iˆÊ·É{‡ÃÌÀB˜}ˆ}i˜Êi…B˜}i˜Ê˜>V…Ê ,ÊxääÊ>«°ÊÓ°nÉ Ê Ê qÊÊvœÀÊÎÉ{‡i}}i`Êψ˜}ÃÊ>VV°ÊÌœÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î]ʜ˜iÊ ÐÓ×ÅÉ
ΰx°Î]ʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜Ê ŜՏ`ÊV>VՏ>ÌiÊ܈̅ÊÓʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ÃiiÊӇi}}i`Ê uŽÐÈÈÑÏÎËÜÇÎÂÀÍÈÈÏÎÄÂÅÑÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2
­Ãˆi…iÊӇÃÌÀB˜}ˆ}iÊi…B˜}i® ψ˜}î ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜ
0 iˆÊ6iÀÜi˜`՘}Êۜ˜ÊÓÊÕv…B˜}՘}i˜Êˆ˜Êiˆ˜i“ÊÀ>˜…>‡ 07…i˜ÊÕȘ}ÊÓÊwÌ̈˜}Ãʜ˜Êœ˜iÊVÀ>˜iʅœœŽ]Ê̅iÊ̈ÌÊ>˜}iʜvÊ̅iÊ ÍÅÑÓÙÈÌÈÑÌÏÎÄÂÅÑÊÓÂÐÓ×Ü¿
Ži˜Ê`>ÀvÊ`iÀÊ iˆ}՘}Ã܈˜ŽiÊ`iÀʘÃV…>}“ˆÌÌiÊ{xcʘˆV…ÌÊ ˆv̈˜}Ê`iۈViÊŜՏ`ʘœÌÊiÝVii`Ê{xc° 0ÊʎÐÈÈÑÏÎËÜÇÎÂÀÍÈÈÏÎÄÂÅÑÎÊÍÀÎÄÍÎÌÃÐÓÇÎÂÎÌ
ØLiÀÃV…ÀiˆÌi˜° ÊÐÞÊÅÓÃÎËÍÀÊËÎÍÀÑÒÐÎÏÎÂÎ×ÍÛÕÑÐÅÄÑÒÂÍÅÄÎËÆÅÍ
ÏÐÅÂÛØÀÒÜ`
``ˆÌˆœ˜>Êv>V̜ÀÃÊ܅ˆV…ÊÀi`ÕViʏœ>`Ê
7iˆÌiÀiÊÌÀ>}vB…ˆ}ŽiˆÌӈ˜`iÀ˜`iÊ Li>Àˆ˜}ÊV>«>VˆÌÞÊ ÑÏØÉÆÕÁËÓÏÑÜ
ÑÍÈÆÀÞÙÈÅÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÒÀÊÈÅÊÀÊÎÑÒÐÛÅÊÐÎÌÊÈÈ
>ŽÌœÀi˜Ê ÃÕV…Ê>ÃÊÅ>À«Êi`}iÃÊiÌV°Ê“ÕÃÌÊLiÊVœ˜Ãˆ`iÀi`Ê>ÃÊëiVˆwi`ʈ˜Ê
ÒÏ ÑËÅÄÓÅÒÓ×ÈÒÛÂÀÒÜÂÑÎÎÒÂÅÒÑÒÂÈÈÑÍÎÐÌÀÌÈ$). %.
܈iÊÃV…>ÀviÊ>˜Ìi˜ÊiÌV°ÊȘ`ʘ>V…Ê`i˜Ê iÃ̈““Õ˜}i˜Ê`iÀÊ  ‡  Ê Ên£n

Ên£nÊâÕÊLiÀØVŽÃˆV…̈}i˜°
˜Ê>VVœÀ`>˜ViÊÜˆÌ…Ê ,Êxää]ʵÕ>ˆwi`Ê«iÀܘ˜iÊ“ÕÃÌÊV…iVŽÊ
ÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÑÏÅÖÈÀËÈÑÒÛÄÎËÆÍÛ
>V…Ê ,ÊxääʓØÃÃi˜Ê`ÕÀV…Ê->V…ŽÕ˜`ˆ}iÊ}i«ÀØvÌÊÜiÀ`i˜\ ̅iÊvœœÜˆ˜}\
ÏÐÎÂÅпÒÜ
qÊ Ê˜ÃV…>}“ˆÌÌiÊˆ˜ÊLÃÌB˜`i˜Êۜ˜ÊB˜}ÃÌi˜ÃÊ£Ê>…ÀÊ qÊÊ-ˆ˜}ÊVœ“«œ˜i˜ÌÃÊ>Ìʏi>ÃÌʜ˜ViÊ>ÊÞi>ÀʭۈÃÕ>Ê>˜`ÊÜiˆ}…ÌÊ
uÑÒÐÎÏÎÂÎ×ÍÛÅÑÐÅÄÑÒÂÀÍÅÐÅÆÅÎÄÍÎÃÎÐÀÇÀÂÃÎÄ
­-ˆV…̇Ê՘`Ê>~«ÀØv՘}® V…iVŽÃ®
ÂÈÇÓÀËÜÍÛÉÊÎÍÒÐÎËÜÈÊÎÍÒÐÎËÜÐÀÇÌÅÐÎÂ
qÊ Ê˜ÃV…>}ŽiÌÌi˜ÊâÕÃBÌ⏈V…Ê*ÀØv՘}Ê>ÕvÊ,ˆ~vÀiˆ…iˆÌʈ˜ÊLÃÌB˜`i˜Ê qÊÊ
…>ˆ˜Êψ˜}ÃʓÕÃÌÊ>ÃœÊLiÊV…iVŽi`ÊvœÀÊ>˜ÞÊÈ}˜ÃʜvÊVÀ>VŽÃÊ>ÌÊ
uÏÐÎÂÎÄÈÒÜÄÎÏÎËÍÈÒÅËÜÍÓÞÏÐÎÂÅÐÊÓ×ÀËÎ×ÍÛÕÖÅÏÅÉÍÀ
ۜ˜ÊB˜}ÃÌi˜ÃÊÎÊ>…Ài˜° i>ÃÌÊiÛiÀÞÊÎÊÞi>Àð
ÍÀËÈ×ÈÅÒÐÅÙÈÍÍÅÐÅÆÅ ×ÅÌÐÀÇÂÒÐÈÃÎÄÀ

ˆ˜Ã>Ìâ‡/i“«iÀ>ÌÕÀLiÀiˆV…i\ "«iÀ>̈˜}ÊÌi“«iÀ>ÌÕÀiÊÀ>˜}i\ ÁÂÏØÉÆÅÉÁÐÁÈÏÎÜÓÆÍÐÆÑÁÓÔÑ


˜ÃV…>}ŽiÌÌi˜ÊÊnÊ՘`Ê-œ˜`iÀ‡ÊnÉÊ£äÊ/\
…>ˆ˜Êψ˜}ÃÊÊnÊ>˜`ÊëiVˆ>Ê}À>`iÊnÊÉÊ}À>`iÊ£äÊ/\
–ÀËÎ×ÍÛÅÖÅÏÈ'+È3ONDER '+'+()4
£ää¯Ê/À>}vB…ˆ}ŽiˆÌÊâ܈ÃV…i˜Êq{äc
Ê՘`ʳÓääc
£ää¯Êœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvÀœ“Êq{äc
Ê̜ʳÓääc

ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÄÈÀÏÀÇÎÍÅÌÅÆÄÓ `È `


Ê ™ä¯Êâ܈ÃV…i˜ÊÓääc
Ê՘`ÊÎääc
™ä¯ÊLiÌÜii˜ÊÓääc
Ê>˜`ÊÎääc

ÂÄÈÀÏÀÇÎÍÅÌÅÆÄÓ`ÑÈ`
Ê Çx¯Êâ܈ÃV…i˜ÊÎääc
Ê՘`Ê{ääc
Çx¯ÊLiÌÜii˜ÊÎääc
Ê>˜`Ê{ääc

ÂÄÈÀÏÀÇÎÍÅÌÅÆÄÓ`È`
ˆiÊÀˆÌiÀˆi˜Ê`iÀʘi}iÀiˆviÊvØÀÊiÌÌi˜ÊȘ`ÊiLi˜v>Ãʈ˜Ê`iÀÊ /…iÊÕÃ>}iÊVÀˆÌiÀˆ>ÊvœÀÊV…>ˆ˜ÃÊ>ÀiÊ>ÃœÊëiVˆwi`ʈ˜Ê
‰ÐÈÒÅÐÈÈÃÎÒÎÂÍÎÑÒÈÖÅÏÅÉÊÏÐÈÌÅÍÅÍÈÞÒÀÊÆÅÄÀÍÛ
 ‡ Ên£nÊviÃÌ}ii}Ì°  Ê Ên£n°
Â$). %.

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
È
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

˜ÃV…>}ŽiÌÌi˜Ê£‡ÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡>Ã̅>Ži˜Ê-7É-

…>ˆ˜Êψ˜}ÃÊȘ}i‡i}}i`Ê܈̅ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7É-
—ÁÌÏØÎÜÆ×ÆÐÉÃÏÅÉÎÑÔØÆÊÒÏÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` -7É-
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ
-7É-


ÒÌÌÑÃÐÓÇÎÂÛÌÊÐÞÊÎÌÑ
ÑÅÐÜÃÎÉ(37(3

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
£{ää Ê ££Óä ÊÈ ££äÊÝÊÈä £äÓnÓäΣ £äÓnÓäÎÓ £äÓnÓäÎÎ
Óxää Ê Óäää Ên ££äÊÝÊÈä £äÓnÓäÎ{ £äÓnÓäÎx £äÓnÓäÎÈ
{äää Ê Î£xä £ä £ÎxÊÝÊÇx £äÓnÓäÎÇ £äÓnÓäÎn £äÓnÓäΙ
ÈÇää Ê xÎää £Î £ÈäÊÝÊ™ä £äÓnÓä{ä £äÓnÓä{£ £äÓnÓä{Ó
£ääää Ê näää £È £näÊÝÊ£ää Ç{ääÓx£än £äÓnÓä{Î £äÓnÓä{{
£{äää ££Óää £™ ÓääÊÝÊ££ä £äÓnÓä{x £äÓnÓä{È £äÓnÓä{Ç
£™äää £xäää ÓÓ ÓÈäÊÝÊ£{ä £äÓnÓä{n £äÓnÓä{™ £äÓnÓäxä
Ó£Óää £È™xä ÓÈ Î{äÊÝÊ£nä £äÓnÓäx£ £äÓnÓäxÓ £äÓnÓäxÎ
Σxää ÓxÓää ÎÓ ÎxäÊÝÊ£™ä £äÓnÓäx{ £äÓnÓäxx £äÓnÓäxÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡ÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜Ê7

…>ˆ˜Êψ˜}ÃÊȘ}i‡i}}i`Ê܈̅ÊÃ>viÌÞÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ7
—ÁÌÏØÎÜÆ×ÆÐÉÃÏÅÉÎÑÔØÆÊÒÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+,(7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ7‡>Ži˜
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅Ê7ʅœœŽ


ÒÌÌÑÊÐÞÊÎÌ+,(7

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
£{ää Ê ££Óä ÊÈ ££äÊÝÊÈä £äÓnÓäxÇ £äÓnÓäxn £äÓnÓäx™
Óxää Ê Óäää Ên ££äÊÝÊÈä £äÓnÓäÈä £äÓnÓäÈ£ £äÓnÓäÈÓ
{äää Ê Î£xä £ä £ÎxÊÝÊÇx £äÓnÓäÈÎ £äÓnÓäÈ{ £äÓnÓäÈx
ÈÇää Ê xÎää £Î £ÈäÊÝÊ™ä £äÓnÓäÈÈ £äÓnÓäÈÇ £äÓnÓäÈn
£ääää Ê näää £È £näÊÝÊ£ää £äÓnÓäș £äÓnÓäÇä £äÓnÓäÇ£
£{äää ££Óää £™ ÓääÊÝÊ££ä £äÓnÓäÇÓ £äÓnÓäÇÎ £äÓnÓäÇ{
£™äää £xäää ÓÓ ÓÈäÊÝÊ£{ä £äÓnÓäÇx £äÓnÓäÇÈ £äÓnÓäÇÇ

UÊ ˆÃÊâÕÊ£äv>V…ÊLiÃÃiÀiÀÊœÀÀœÃˆœ˜ÃÃV…ÕÌâÊ>ÃÊ}>Û>˜ˆÃV…iÊ UÊ «ÀœÛˆ`iÃÊÕ«Ê̜ʣäÊ̈“iÃÊ̅iÊVœÀÀœÃˆœ˜Ê«ÀœÌiV̈œ˜ÊœvÊ}>Û>˜ˆâi`Ê c ÍÒÈÊÎÐÐÎÇÈÎÍÍÎÅÏÎÊÐÛÒÈÅÄÎÐÀÇËÓ×ØÅ ×ÅÌ


6iÀ∘ŽÕ˜} w˜ˆÃ… ÃÀËÜÂÀÍÈ×ÅÑÊÎÅÖÈÍÊÎÂÎÅÏÎÊÐÛÒÈÅ
UÊ ÕÀV…ÊŽ>̅œ`ˆÃV…iÊ-V…ÕÌâ܈ÀŽÕ˜}ÊȘ`ÊÃiLÃÌʎiˆ˜iÊ>L}i‡ UÊ V>̅œ`ˆVÊVœÀÀœÃˆœ˜Ê«ÀœÌiV̈œ˜Ê>ÃœÊ«ÀœÌiVÌÃÊܜÀ˜Ê>Ài>à c ‰ÀÒÎÄÍÎÅÏÎÊÐÛÒÈÅÇÀÙÈÙÀÅÒÄÀÆÅÍÅÁÎËÜØÈÅ
˜ØÌâÌiÊ-Ìii˜Ê}iÃV…ØÌâÌ UÊ ÝVii˜ÌÊVœÀÀœÃˆœ˜ÊÀiÈÃÌ>˜ViÊ܅i˜Êˆ˜ÊVœ˜Ì>VÌÊ܈̅ʜ̅iÀÊ ÈÇÍÎØÅÍÍÛÅÓ×ÀÑÒÊÈ
UÊ iÀۜÀÀ>}i˜`iÊœÀÀœÃˆœ˜ÃLiÃÌB˜`ˆ}ŽiˆÌʈ˜Êœ˜Ì>ŽÌʓˆÌÊ>˜`i‡ “iÌ>ÃÊ­ÃÌii]Ê>Õ“ˆ˜ˆÕ“]Ê∘V]ÊV…Àœ“i® c ‡ÑÊËÞ×ÈÒÅËÜÍÀ¿ÊÎÐÐÎÇÈÎÍÍÀ¿ÑÒÎÉÊÎÑÒÜÏÐÈÊÎÍÒÀÊÒÅÑ
Ài˜ÊiÌ>i˜Ê­-Ì>…]ʏՓˆ˜ˆÕ“]Ê<ˆ˜Ž]Ê
…Àœ“® UÊ ÝVii˜ÌÊ`ÕÀ>LˆˆÌÞÊ܅i˜ÊiÝ«œÃi`Ê̜ʜÀ}>˜ˆVÊ܏Ûi˜ÌÃÊ>˜`Ê ÄÐÓÃÈÌÈÌÅÒÀËËÀÌÈÑÒÀËÜ ÀËÞÌÈÍÈÉ ÖÈÍÊ ÕÐÎÌ
UÊ ÕÃ}iâiˆV…˜iÌiÊ iÃÌB˜`ˆ}ŽiˆÌÊLiˆÊœÀ}>˜ˆÃV…i˜ÊŸÃ՘}ӈ̇ …Þ`À>ՏˆVÊyՈ`à c ÒËÈ×ÍÀ¿ÑÒÎÉÊÎÑÒÜÊÎÐÃÀÍÈ×ÅÑÊÈÌÐÀÑÒÂÎÐÈÒÅË¿ÌÈ
Ìi˜Ê՘`ÊÞ`À>ՏˆŽyØÃÈ}ŽiˆÌi˜ UÊ >ÃÞÊ̜ÊV…iVŽÊvœÀÊVÀ>VŽÃ ÃÈÄÐÀÂËÈ×ÅÑÊÈÌÆÈÄÊÎÑÒ¿Ì
UÊ ˆ˜Ü>˜`vÀiˆiÊ4LiÀ«ÀØv՘}Ê>ÕvÊ,ˆÃÃiʓŸ}ˆV… UÊ ˆ}…ÞÊVœÃ̇ivviV̈ÛiÊ`ÕiÊ̜ʏœ˜}‡ˆviÊ«Àœ«iÀ̈ià c ÎÇÌÎÆÍÀÏÎËÍÀ¿ÏÐÎÂÅÐÊÀÍÀÍÀËÈ×ÈÅÒÐÅÙÈÍ
UÊ œ…iÊ7ˆÀÌÃV…>v̏ˆV…ŽiˆÌÊ`ÕÀV…ʏ>˜}iÊiLi˜Ã`>ÕiÀ c ÛÑÎÊÀ¿ÝÊÎÍÎÌÈ×ÍÎÑÒÜÁËÀÃÎÄÀпÁÎËÜØÎÌÓÑÐÎÊÓÑËÓÆÁÛ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ Ç
Ó

˜ÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>À]Ê£‡ÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê687Ê
՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7É-

…>ˆ˜Êψ˜}Ê­>`ÕÃÌ>Li®ÊȘ}i‡i}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ687Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7É-
—ÁÌÏØÎÜÆ×ÆÐÉÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÏÅÉÎÑÔØÆÊÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ68+7ÉÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ*>À>i…>Ži˜Ê*7É*Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ՘`Ê

‡ˆi`Ê՘`Ê-7É-‡>Ži˜
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅ʫ>À>iÊ…œœŽÊ*7É*Ê
>˜`Ê

ʏˆ˜ŽÃÊ>˜`Ê-7É-ʅœœŽÃ

ÒÌÌÑÏÀÐÀËËÅËÜÍÛÌÊÐÞÊÎÌ
+070 ÇÂÅÍÎÌ#7#ÈÊÐÞÊÎÌ
(37(3

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ .OMINALCHAINGAUGE ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ xʓ
Ê £{ää Ê ££Óä ÊÈ ££äÊÝÊÊ Èä £äÓnÓäÇn £äÓnÓäǙ £äÓnÓänä £äÓnÓän£
Ê Óxää Ê Óäää Ên ££äÊÝÊÊ Èä £äÓnÓänÓ £äÓnÓänÎ £äÓnÓän{ £äÓnÓänx
Ê {äää Ê Î£xä £ä £ÎxÊÝÊÊ Çx £äÓnÓänÈ £äÓnÓänÇ £äÓnÓänn £äÓnÓän™
Ê ÈÇää Ê xÎää £Î £ÈäÊÝÊÊ ™ä £äÓnÓä™ä £äÓnÓ䙣 £äÓnÓä™Ó Ç{ääÓxään
£ääää Ê näää £È £näÊÝÊ£ää £äÓnÓä™Î £äÓnÓä™{ £äÓnÓä™x £äÓnÓä™È
£{äää ££Óää £™ ÓääÊÝÊ££ä £äÓnÓä™Ç £äÓnÓä™n £äÓnÓ䙙
£™äää £xäää ÓÓ ÓÈäÊÝÊ£{ä £äÓnÓ£ää £äÓnÓ£ä£ £äÓnÓ£äÓ £äÓnÓ£äÎ
Ó£Óää £È™xä ÓÈ Î{äÊÝÊ£nä £äÓnÓ£ä{ £äÓnÓ£äx £äÓnÓ£äÈ
Σxää ÓxÓää ÎÓ ÎxäÊÝÊ£™ä £äÓnÓ£äÇ £äÓnÓ£än £äÓnÓ£ä™

˜ÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊ£‡ÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê687Ê
՘`ÊÕ««i‡-ˆV…iÀ…iˆÌÃ>Ã̅>Ži˜Ê7

…>ˆ˜Êψ˜}Ê­>`ÕÃÌ>Li®ÊȘ}i‡i}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ687Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ7
—ÁÌÏØÎÜÆ×ÆÐÉÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÏÅÉÎÑÔØÆÊÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ68+7ÉÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+,7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ7‡>Ži˜
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅Ê7ʅœœŽ

ÒÌÌÑÊÐÞÊÎÌ,(7

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
Ê £{ää Ê ££Óä ÊÈ ££äÊÝÊÊ Èä £äÓnÓ££ä £äÓnÓ£££ £äÓnÓ££Ó
Ê Óxää Ê Óäää Ên ££äÊÝÊÊ Èä £äÓnÓ££Î £äÓnÓ££{ £äÓnÓ££x
Ê {äää Ê Î£xä £ä £ÎxÊÝÊÊ Çx £äÓnÓ££È £äÓnÓ££Ç £äÓnÓ££n
Ê ÈÇää Ê xÎää £Î £ÈäÊÝÊÊ ™ä £äÓnÓ££™ £ääÓ£x£ä £äÓnÓ£Óä
£ääää Ê näää £È £näÊÝÊ£ää £äÓnÓ£Ó£ £äÓnÓ£ÓÓ £äÓnÓ£ÓÎ
£{äää ££Óää £™ ÓääÊÝÊ££ä £äÓnÓ£Ó{ £äÓnÓ£Óx £äÓnÓ£ÓÈ
£™äää £xäää ÓÓ ÓÈäÊÝÊ£{ä £äÓnÓ£ÓÇ £äÓnÓ£Ón £äÓnӣә

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
n
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

4LiÀ}Àœ~iÃÊÕv…B˜}i}ˆi`tʘÃV…>}ŽiÌÌi˜Ê£‡ÃÌÀB˜}ˆ}ʓˆÌÊ
ØLiÀ}Àœ~i“ÊÕv…B˜}i}ˆi`Ê67Ê՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7
"ÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽtÊ
…>ˆ˜Êψ˜}ÃÊȘ}i‡i}}i`Ê܈̅ʜÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽÊ67Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
ÏÅÃÆÒÎÏÆÈÃÆÎÏÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ—ÁÌÏØÎÜÆ×ÆÐÉÃÏÅÉÎÑÔØÆÊÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ6,7É
Ò×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
Ê {äää Ê Î£xä £ä Î{äÊÝÊ£nä £äÓnÓ£Îä £äÓnӣΣ £äÓnÓ£ÎÓ
Ê ÈÇää Ê xÎää £Î Î{äÊÝÊ£nä £äÓnÓ£ÎÎ £äÓnÓ£Î{ £äÓnÓ£Îx
£ääää Ê näää £È Î{äÊÝÊ£nä £äÓnÓ£ÎÈ £äÓnÓ£ÎÇ £äÓnÓ£În

4LiÀ}Àœ~iÃÊÕv…B˜}i}ˆi`tʘÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊ£‡ÃÌÀB˜}ˆ}ʓˆÌÊØLiÀ}Àœ~i“Ê
Õv…B˜}i}ˆi`Ê87Ê՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7
"ÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽtÊ
…>ˆ˜Êψ˜}ÃÊ­>`ÕÃÌ>Li®ÊȘ}i‡i}}i`Ê܈̅ʜÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽÊ87Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`Ê
…œœŽÊ-7ʱʏÏÅÃÆÒÎÏÆÈÃÆÎÏÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ—ÁÌÏØÎÜÆ×ÆÐÉÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÏÅÉÎÑÔØÆÊÒÐÏÅÃÆÒÎÜÍ
ÈÃÆÎÏÍÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ,8+7ÉÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
Ê {äää Ê Î£xä £ä Î{äÊÝÊ£nä £äÓnӣΙ £äÓnÓ£{ä £äÓnÓ£{£
Ê ÈÇää Ê xÎää £Î Î{äÊÝÊ£nä £äÓnÓ£{Ó £äÓnÓ£{Î £äÓnÓ£{{
£ääää Ê näää £È Î{äÊÝÊ£nä £äÓnÓ£{x £äÓnÓ£{È £äÓnÓ£{Ç

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ ™
Ó

˜ÃV…>}ŽiÌÌi˜Ê£‡ÃÌÀB˜}ˆ}ʓˆÌÊÕ««iÃV…BŽiÊ-
7

…>ˆ˜Êψ˜}ÃÊȘ}i‡i}}i`Ê܈̅ÊVœÕ«ˆ˜}ÊÅ>VŽiÊ-
7ʱʗÁÌÏØÎÜÆ×ÆÐÉÃÏÅÉÎÑÔØÆÊÒÏÒ×ÆÐÎÏÊÒËÏÂÏÊ+3#(7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˆÌÊ`i“ÊÕ««iÃV…BŽiÊ>ÃÃi˜ÊÈV…Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ˜ÃV…ØÃÃiÊâÕʏi““i˜]Ê<>˜}i˜ÊÕÃÜ°Ê
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ …iÀÃÌii˜°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


œÕ«ˆ˜}ÊÅ>VŽiÃÊ>ÀiÊÕÃi`Ê̜ÊV>“«Ê
Vœ˜˜iV̈œ˜Ã]ʓ>ŽiÊ}Àˆ«ÃÊiÌV°

ÖÅÏÍÎÉÑÊÎÁÎÉÌÎÆÍÎÂÛÏÎËÍ¿ÒÜ
ÑÎÅÄÈÍÅÍÈÅÑÊËÅÌÌÀÌÈ ÖÀÍÃÀÌÈ
ÈÒÄ

iˆ˜v>V…Ê`ˆÀiŽÌ
ȓ«iÊ`ˆÀiVÌ
ÏÐÎÑÒÀ¿ÏпÌÀ¿

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
Óxää n ££äÊÝÊÈä £äÓnÓ£{n £äÓnÓ£{™ £äÓnÓ£xä
{äää £ä £ÎxÊÝÊÇx £äÓnÓ£x£ £äÓnÓ£xÓ £äÓnÓ£xÎ
ÈÇää £Î £ÈäÊÝÊ™ä £äÓnÓ£x{ £äÓnÓ£xx £äÓnÓ£xÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡ÃÌÀB˜}ˆ}ʓˆÌÊ1˜ˆÛiÀÃ>‡6iÀLˆ˜`՘}Ã}ˆi`Ê


…>ˆ˜Êψ˜}ÃÊȘ}i‡i}}i`Ê܈̅Ê՘ˆÛiÀÃ>ÊVœ˜˜iV̈˜}ʏˆ˜ŽÊ

Ê
—ÁÌÏØÎÜÆ×ÆÐÉÃÏÅÉÎÑÔØÆÊÒÔÎÉÃÆÑÒÁÌÝÎÜÍÒÏÆÅÉÎÉÓÆÌÝÎÜÍÈÃÆÎÏ͑7#

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˆÌÊ`i“Ê6iÀLˆ˜`՘}Ã}ˆi`ʏ>ÃÃi˜ÊÈV…Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ˜ÃV…ØÃÃiÊâÕʏi““i˜]Ê<>˜}i˜ÊÕÃÜ°Ê
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ …iÀÃÌii˜°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


œ˜˜iV̈˜}ʏˆ˜ŽÃÊ>ÀiÊÕÃi`Ê̜ÊV>“«Ê
Vœ˜˜iV̈œ˜Ã]ʓ>ŽiÊ}Àˆ«ÃÊiÌV°

ÎÅÄÈÍÈÒÅËÜÍÛÌÇÂÅÍÎÌÌÎÆÍÎ
ÂÛÏÎËÍ¿ÒÜÑÎÅÄÈÍÅÍÈÅÑÊËÅÌÌÀÌÈ
ÖÀÍÃÀÌÈÈÒÄ

iˆ˜v>V…Ê`ˆÀiŽÌ
ȓ«iÊ`ˆÀiVÌ
ÏÐÎÑÒÀ¿ÏпÌÀ¿

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
Ê £{ää ÊÈ ££äÊÝÊÊ Èä £äÓnÓ£xÇ £äÓnÓ£xn £äÓnÓ£x™
Ê Óxää Ên ££äÊÝÊÊ Èä £äÓnÓ£Èä £äÓnӣȣ £äÓnÓ£ÈÓ
Ê {äää £ä £ÎxÊÝÊÊ Çx £äÓnÓ£ÈÎ £äÓnÓ£È{ £äÓnÓ£Èx
Ê ÈÇää £Î £ÈäÊÝÊÊ ™ä £äÓnÓ£ÈÈ £äÓnÓ£ÈÇ £äÓnÓ£Èn
£ääää £È £näÊÝÊ£ää £äÓnӣș £äÓnÓ£Çä £äÓnӣǣ
£{äää £™ ÓääÊÝÊ££ä £äÓnÓ£ÇÓ £äÓnÓ£ÇÎ £äÓnÓ£Ç{
£™äää ÓÓ ÓÈäÊÝÊ£{ä £äÓnÓ£Çx £äÓnÓ£ÇÈ £äÓnÓ£ÇÇ
Ó£Óää ÓÈ Î{äÊÝÊ£nä £äÓnÓ£Çn £äÓnӣǙ £äÓnÓ£nä
Σxää ÎÓ ÎxäÊÝÊ£™ä £äÓnÓ£n£ £äÓnÓ£nÓ £äÓnÓ£nÎ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
£ä
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

˜ÃV…>}ŽiÌÌi˜Ê£‡ÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê7

…>ˆ˜Êψ˜}ÃÊȘ}i‡i}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ7ʱʗÁÌÏØÎÜÆ×ÆÐÉÃÏÅÉÎÑÔØÆÊÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ+!'7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊÓÈʓ“Ê“ˆÌÊÕv…B˜}i}ˆi`ÊÊ՘`Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‡ˆi`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“ÊÓÈʓ“Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊÊ>˜`Ê

‡ˆ˜Ž

ÒÌÌÑÏÎÄÂÅÑÍÛÌÇÂÅÍÎÌÈ
ÇÂÅÍÎ̐

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
Ê £{ää Ê ££Óä ÊÈ ££äÊÝÊÊ Èä £äÓnÓ£n{ £äÓnÓ£nx £äÓnÓ£nÈ
Ê Óxää Ê Óäää Ên ££äÊÝÊÊ Èä £äÓnÓ£nÇ £äÓnÓ£nn £äÓnÓ£n™
Ê {äää Ê Î£xä £ä £ÎxÊÝÊÊ Çx £äÓnÓ£™ä £äÓnÓ£™£ £äÓnÓ£™Ó
Ê ÈÇää Ê xÎää £Î £ÈäÊÝÊÊ ™ä £äÓnÓ£™Î £äÓnÓ£™{ £äÓnÓ£™x
£ääää Ê näää £È £näÊÝÊ£ää £äÓnÓ£™È £äÓnÓ£™Ç £äÓnÓ£™n
£{äää ££Óää £™ ÓääÊÝÊ££ä £äÓnÓ£™™ £äÓnÓÓää £äÓnÓÓä£
£™äää £xäää ÓÓ ÓÈäÊÝÊ£{ä £äÓnÓÓäÓ £äÓnÓÓäÎ £äÓnÓÓä{
Ó£Óää £È™xä ÓÈ Î{äÊÝÊ£nä £äÓnÓÓäx £äÓnÓÓäÈ £äÓnÓÓäÇ
Σxää ÓxÓää ÎÓ ÎxäÊÝÊ£™ä £äÓnÓÓän £äÓnÓÓä™ £äÓnÓÓ£ä

-V…ˆ˜}ŽiÌÌi˜Êiˆ˜v>V…Êi˜`œÃʓˆÌÊ1˜ˆÛiÀÃ>‡6iÀLˆ˜`՘}Ã}ˆi`Ê

-ˆ˜}ÊV…>ˆ˜Ãʓ>ÞÊLiʓ>`iÊi˜`iÃÃÊ܈̅Ê՘ˆÛiÀÃ>ÊVœ˜˜iV̈˜}ʏˆ˜ŽÊ

ÆÓÆÌÝÎÜÆ×ÆÐÉÃÏÅÉÎÑÔØÆÊÒÔÎÉÃÆÑÒÁÌÝÎÜÍÒÏÆÅÉÎÉÓÆÌÝÎÜÍÈÃÆÎÏ͑7#

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ V…Ì՘}\Ê

‡ˆi`Ê`>ÀvʘÕÀÊ>݈>Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` Li>ÃÌiÌÊÜiÀ`i˜
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

7>À˜ˆ˜}\Ê

‡ˆ˜ŽÃÊŜՏ`ʜ˜ÞÊLiÊ
œ>`i`Ê>݈>Þ

ÍÈÌÀÍÈņÂÅÍΐ7#ÐÀÇÐÅØÀÅÒÑ¿
ÏÎÄÂÅÐÃÀÒÜÄÅÉÑÒÂÈÞÒÎËÜÊÎÎÑÅÂÎÉ
ÍÀÃÐÓÇÊÈ

}iÃV…˜ØÀÌ
œœ«i`
ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ .OMINALCHAINGAUGE `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ
Ž} ““ Óʓ Îʓ {ʓ
Ê ÓÓ{ä ÊÈ £äÓnÓÓ££ £äÓnÓÓ£Ó £äÓnÓÓ£Î
Ê {äää Ên £äÓnÓÓ£{ £äÓnÓÓ£x £äÓnÓÓ£È
Ê ÈÎää £ä £äÓnÓ £äÓnÓÓ£n £äÓnÓÓ£™
£äÈää £Î £äÓnÓÓÓä £äÓnÓÓÓ£ £äÓnÓÓÓÓ
£Èäää £È £äÓnÓÓÓÎ £äÓnÓÓÓ{ £äÓnÓÓÓx
ÓÓ{ää £™ £äÓnÓÓÓÈ £äÓnÓÓÓÇ £äÓnÓÓÓn
Îääää ÓÓ £äÓnÓÓә £äÓnÓÓÎä £äÓnÓÓΣ
ÎÎxää ÓÈ £äÓnÓÓÎÓ £äÓnÓÓÎÎ £äÓnÓÓÎ{
xääää ÎÓ £äÓnÓÓÎx £äÓnÓÓÎÈ £äÓnÓÓÎÇ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ ££
Ó

À>˜âŽiÌÌi˜Êiˆ˜v>V…Êi˜`œÃʓˆÌÊÕv…B˜}i}ˆi`Ê7
>ÎiÌÊV…>ˆ˜Ãʓ>ÞÊLiʓ>`iÊi˜`iÃÃÊ܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ7
ŠÏÌÝ×ÆÃÜÆ×ÆÐÉÐÑÏÒÓÜÆÂÆÒËÏÎÆØÎÜÆÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏ͊€'7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ V…Ì՘}\Ê

‡ˆi`Ê`>ÀvʘÕÀÊ>݈>Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` Li>ÃÌiÌÊÜiÀ`i˜
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

7>À˜ˆ˜}\Ê

‡ˆ˜ŽÃÊŜՏ`ʜ˜ÞÊLiÊ
œ>`i`Ê>݈>Þ

ÍÈÌÀÍÈņÂÅÍΐ7#ÐÀÇÐÅØÀÅÒÑ¿
ÏÎÄÂÅÐÃÀÒÜÄÅÉÑÒÂÈÞÒÎËÜÊÎÎÑÅÂÎÉ
ÍÀÃÐÓÇÊÈ

}iÃV…˜ØÀÌ
œœ«i`
ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ
Ê Óäää ÊÈ ££äÊÝÊÊ Èä £äÓnÓÓÎn £äÓnÓÓΙ £äÓnÓÓ{ä
Ê Îxxä Ên £ÎxÊÝÊÊ Çx £äÓnÓÓ{£ £äÓnÓÓ{Ó £äÓnÓÓ{Î
Ê xÈää £ä £ÈäÊÝÊÊ ™ä £äÓnÓÓ{{ £äÓnÓÓ{x £äÓnÓÓ{È
Ê ™xää £Î £näÊÝÊ£ää £äÓnÓÓ{Ç £äÓnÓÓ{n £äÓnÓÓ{™
£{äää £È ÓääÊÝÊ££ä £äÓnÓÓxä £äÓnÓÓx£ £äÓnÓÓxÓ
Óääää £™ ÓÈäÊÝÊ£{ä £äÓnÓÓxÎ £äÓnÓÓx{ £äÓnÓÓxx
ÓÈxää ÓÓ Î{äÊÝÊ£nä £äÓnÓÓxÈ £äÓnÓÓxÇ £äÓnÓÓxn
Îääää ÓÈ ÎxäÊÝÊ£™ä £äÓnÓÓx™ £äÓnÓÓÈä £äÓnÓÓÈ£
{xäää ÎÓ {ääÊÝÊÓää £äÓnÓÓÈÓ £äÓnÓÓÈÎ £äÓnÓÓÈ{

˜ÃV…>}ŽiÌÌi˜ÊӇÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡>Ã̅>Ži˜Ê-7É-

…>ˆ˜Êψ˜}ÃÊӇi}}i`Ê܈̅ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7É-ʱʗÁÌÏØÎÜÆ×ÆÐÉÃÅÃÁÑÔØÝÀÒÏÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` -7É-
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ
-7É-

ÒÌÌÑÃÐÓÇÎÂÛÌÊÐÞÊÎÌÑ
ÑÅÐÜÃÎÉ(37(3

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Óäää Ê £{ää Ê £Èää Ê ££Óä ÊÈ ££äÊÝÊÊ Èä £äÓnÓÓÈx £äÓnÓÓÈÈ £äÓnÓÓÈÇ
Ê Îxxä Ê Óxää Ê Ónää Ê Óäää Ên £ÎxÊÝÊÊ Çx £äÓnÓÓÈn £äÓnÓÓș £äÓnÓÓÇä
Ê xÈää Ê {äää Ê {Óxä Ê Î£xä £ä £ÈäÊÝÊÊ ™ä £äÓnÓÓÇ£ £äÓnÓÓÇÓ £äÓnÓÓÇÎ
Ê ™xää Ê ÈÇää Ê Çxää Ê xÎää £Î £näÊÝÊ£ää £äÓnÓÓÇ{ £äÓnÓÓÇx £äÓnÓÓÇÈ
£{äää £ääää ££Óää Ê näää £È ÓääÊÝÊ££ä £äÓnÓÓÇÇ £äÓnÓÓÇn £äÓnÓÓǙ
Óääää £{äää £Èäää ££Óää £™ ÓÈäÊÝÊ£{ä £äÓnÓÓnä £äÓnÓÓn£ £äÓnÓÓnÓ
ÓÈxää £™äää Ó£Óää £xäää ÓÓ Î{äÊÝÊ£nä £äÓnÓÓnÎ £äÓnÓÓn{ £äÓnÓÓnx
Îääää Ó£Óää ÓÎÇää £È™xä ÓÈ ÎxäÊÝÊ£™ä £äÓnÓÓnÈ £äÓnÓÓnÇ £äÓnÓÓnn
{xäää Σxää ÎxÓää ÓxÓää ÎÓ {ääÊÝÊÓää £äÓnÓÓn™ £äÓnÓÓ™ä £äÓnÓә£

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
£Ó
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

˜ÃV…>}ŽiÌÌi˜ÊӇÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡-ˆV…iÀ…iˆÌÃÊ>Ã̅>Ži˜Ê7

…>ˆ˜Êψ˜}ÃÊӇi}}i`Ê܈̅ÊVœÕ«ˆ˜}ÊÃ>viÌÞʏœ>`ʅœœŽÊ7
—ÁÌÏØÎÜÆ×ÆÐÉÃÅÃÁÑÔØÝÀÒÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+,(7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ >LÊ£™Ê““Ê“ˆÌÊ7‡>Ži˜
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅Ê7ʅœœŽ

ÒÌÌÑÊÐÞÊÎÌ,(7

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Óäää Ê £{ää Ê £Èää Ê ££Óä ÊÈ ££äÊÝÊÊ Èä £äÓnÓÓ™Ó £äÓnÓәΠ£äÓnÓә{
Ê Îxxä Ê Óxää Ê Ónää Ê Óäää Ên £ÎxÊÝÊÊ Çx £äÓnÓәx £äÓnÓÓ™È £äÓnÓәÇ
Ê xÈää Ê {äää Ê {Óxä Ê Î£xä £ä £ÈäÊÝÊÊ ™ä £äÓnÓәn £äÓnÓә™ £äÓnÓÎää
Ê ™xää Ê ÈÇää Ê Çxää Ê xÎää £Î £näÊÝÊ£ää £äÓnÓÎä£ £äÓnÓÎäÓ £äÓnÓÎäÎ
£{äää £ääää ££Óää Ê näää £È ÓääÊÝÊ££ä £äÓnÓÎä{ £äÓnÓÎäx £äÓnÓÎäÈ
Óääää £{äää £Èäää ££Óää £™ ÓÈäÊÝÊ£{ä £äÓnÓÎäÇ £äÓnÓÎän £äÓnÓÎä™
ÓÈxää £™äää Ó£Óää £xäää ÓÓ Î{äÊÝÊ£nä £äÓnÓÎ£ä £äÓnÓΣ£ £äÓnÓΣÓ

˜ÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊӇÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê687Ê՘`Ê
Õ««i‡>Ã̅>Ži˜Ê-7É-

…>ˆ˜Êψ˜}ÃÊ­>`ÕÃÌ>Li®ÊӇi}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ687Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7É-
—ÁÌÏØÎÜÆ×ÆÐÉÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÅÃÁÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ68+7ÒÏÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ >LÊ£™Ê““Ê“ˆÌÊ*>À>i…>Ži˜Ê*7É*]Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`

‡ˆi`Ê՘`Ê-7É-‡>Ži˜
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

vÀœ“Ê£™Ê““Ê܈̅ʫ>À>iÊ…œœŽÊ*7É*]Ê


ʏˆ˜ŽÊ>˜`Ê-7É-ʅœœŽ

ÎÒÌÌÑÏÀÐÀËËÅËÜÍÛÌÊÐÞÊÎÌ
+070 ÇÂÅÍÎÌ#7#ÈÊÐÞÊÎÌ
(37(3
iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ xʓ
Ê Óäää Ê £{ää Ê £Èää Ê ££Óä ÊÈ ££äÊÝÊÊ Èä £äÓnÓΣΠ£äÓnÓΣ{ £äÓnÓΣx £äÓnÓΣÈ
Ê Îxxä Ê Óxää Ê Ónää Ê Óäää Ên £ÎxÊÝÊÊ Çx £äÓnÓ룂 £äÓnÓΣn £äÓnÓΣ™ £äÓnÓÎÓä
Ê xÈää Ê {äää Ê {Óxä Ê Î£xä £ä £ÈäÊÝÊÊ ™ä £äÓnÓÎÓ£ £äÓnÓÎÓÓ £äÓnÓÎÓÎ £äÓnÓÎÓ{
Ê ™xää Ê ÈÇää Ê Çxää Ê xÎää £Î £näÊÝÊ£ää £äÓnÓÎÓx £äÓnÓÎÓÈ £äÓnÓÎÓÇ £äÓnÓÎÓn
£{äää £ääää ££Óää Ê näää £È ÓääÊÝÊ££ä £äÓnÓÎә £äÓnÓÎÎä £äÓnÓÎΣ Ç{ääÓ{™än
Óääää £{äää £Èäää ££Óää £™ ÓÈäÊÝÊ£{ä £äÓnÓÎÎÓ £äÓnÓÎÎÎ £äÓnÓÎÎ{ £äÓnÓÎÎx
ÓÈxää £™äää Ó£Óää £xäää ÓÓ Î{äÊÝÊ£nä £äÓnÓÎÎÈ £äÓnÓÎÎÇ £äÓnÓÎÎn £äÓnÓÎΙ
Îääää Ó£Óää ÓÎÇää £È™xä ÓÈ ÎxäÊÝÊ£™ä £äÓnÓÎ{ä £äÓnÓÎ{£
{xäää Σxää ÎxÓää ÓxÓää ÎÈ {ääÊÝÊÓää £äÓnÓÎ{Ó £äÓnÓÎ{Î £äÓnÓÎ{{

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ £Î
Ó

˜ÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊӇÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê687Ê՘`Ê
Õ««i‡-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜Ê7

…>ˆ˜Êψ˜}ÃÊ­>`ÕÃÌ>Li®ÊӇi}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ687Ê>˜`ÊVœÕ«ˆ˜}ÊÃ>viÌÞʏœ>`ʅœœŽÊ7ʱʗÁÌÏØÎÜÆ×ÆÐÉ
ÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÅÃÁÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ68+7ÉÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+,(7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ >LÊ£™Ê““Ê“ˆÌÊ7‡>Ži˜
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

vÀœ“Ê£™Ê““Ê܈̅Ê7ʅœœŽ

ÒÌÌÑÊÐÞÊÎÌ,(7

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ Èʓ
Ê Óäää Ê £{ää Ê £Èää Ê ££Óä ÊÈ ££äÊÝÊÊ Èä £äÓnÓÎ{x £äÓnÓÎ{È £äÓnÓÎ{Ç £äÓnÓÎ{n
Ê Îxxä Ê Óxää Ê Ónää Ê Óäää Ên £ÎxÊÝÊÊ Çx £äÓnÓÎ{™ £äÓnÓÎxä £äÓnÓÎx£ £äÓnÓÎxÓ
Ê xÈää Ê {äää Ê {Óxä Ê Î£xä £ä £ÈäÊÝÊÊ ™ä £äÓnÓÎxÎ £äÓnÓÎx{ £äÓnÓÎxx £äÓnÓÎxÈ
Ê ™xää Ê ÈÇää Ê Çxää Ê xÎää £Î £näÊÝÊ£ää £äÓnÓÎxÇ £ä££xÓnÇ £äÓnÓÎxn £ääÓ£xä™
£{äää £ääää ££Óää Ê näää £È ÓääÊÝÊ££ä £äÓnÓÎx™ £äÓnÓÎÈä £äÓnÓÎÈ£ £äÓnÓÎÈÓ
Óääää £{äää £Èäää ££Óää £™ ÓÈäÊÝÊ£{ä £äÓnÓÎÈÎ £äÓnÓÎÈ{ £äÓnÓÎÈx £äÓnÓÎÈÈ
ÓÈxää £™äää Ó£Óää £xäää ÓÓ Î{äÊÝÊ£nä £äÓnÓÎÈÇ £äÓnÓÎÈn £äÓnÓÎș £äÓnÓÎÇä

4LiÀ}Àœ~iÃÊÕv…B˜}i}ˆi`tʘÃV…>}ŽiÌÌi˜ÊӇÃÌÀB˜}ˆ}ʓˆÌÊ
ØLiÀ}Àœ~i“ÊÕv…B˜}i}ˆi`Ê67Ê՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7
"ÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽtÊ
…>ˆ˜Êψ˜}ÃÊӇi}}i`Ê܈̅ʜÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽÊ67Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
ÏÅÃÆÒÎÏÆÈÃÆÎÏÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ—ÁÌÏØÎÜÆ×ÆÐÉÃÅÃÁÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ6,7ÉÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê xÈää Ê {äää  Ê Î£xä £ä Î{äÊÝÊ£nä £äÓnÓÎÇ£ £äÓnÓÎÇÓ £äÓnÓÎÇÎ
Ê ™xää Ê ÈÇää Ê Çxää Ê xÎää £Î Î{äÊÝÊ£nä £äÓnÓÎÇ{ £äÓnÓÎÇx £äÓnÓÎÇÈ
£{äää £ääää ££Óää Ê näää £È Î{äÊÝÊ£nä £äÓnÓÎÇÇ £äÓnÓÎÇn £äÓnÓÎǙ
Óääää £{äää £Èäää ££Óää £™ Î{äÊÝÊ£nä £äÓnÓÎnä £äÓnÓÎn£ £äÓnÓÎnÓ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
£{
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

4LiÀ}Àœ~iÃÊÕv…B˜}i}ˆi`tʘÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊӇÃÌÀB˜}ˆ}ʓˆÌÊ
ØLiÀ}Àœ~i“ÊÕv…B˜}i}ˆi`Ê87Ê՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7
"ÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽtÊ
…>ˆ˜Êψ˜}ÃÊ­>`ÕÃÌ>Li®ÊӇi}}i`Ê܈̅ʜÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽÊ87Ê>˜ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
ÏÅÃÆÒÎÏÆÈÃÆÎÏÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ—ÁÌÏØÎÜÆ×ÆÐÉÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÅÃÁÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍÔÃÆÌÉØÆÎÎÏÄÏ
ÑÁÈÍÆÑÁ,8+7ÉÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê xÈää Ê {äää  Σxä £ä Î{äÊÝÊ£nä £äÓnÓÎnÎ £äÓnÓÎn{ £äÓnÓÎnx
Ê ™xää Ê ÈÇää Ê Çxää xÎää £Î Î{äÊÝÊ£nä £äÓnÓÎnÈ £äÓnÓÎnÇ £äÓnÓÎnn
£{äää £ääää ££Óää näää £È Î{äÊÝÊ£nä £äÓnÓÎn™ £äÓnÓÎ™ä £äÓnÓΙ£

˜ÃV…>}ŽiÌÌi˜ÊӇÃÌÀB˜}ˆ}ʓˆÌÊÕ««iÃV…BŽiÊ-
7

…>ˆ˜Êψ˜}ÃÊӇi}}i`Ê܈̅ÊVœÕ«ˆ˜}ÊÅ>VŽiÊ-
7Ê
—ÁÌÏØÎÜÆ×ÆÐÉÃÅÃÁÑÔØÝÀÒÏÒ×ÆÐÎÏÊÒËÏÂÏʊ3#(7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˆÌÊ`i“ÊÕ««iÃV…BŽiÊ>ÃÃi˜ÊÈV…Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ˜ÃV…ØÃÃiÊâÕʏi““i˜]Ê<>˜}i˜ÊÕÃÜ°Ê
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ …iÀÃÌii˜°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


œÕ«ˆ˜}ÊÅ>VŽiÃÊ>ÀiÊÕÃi`Ê̜ÊV>“«Ê
Vœ˜˜iV̈œ˜Ã]ʓ>ŽiÊ}Àˆ«ÃÊiÌV°

ÖÅÏÍÎÉÑÊÎÁÎÉÌÎÆÍÎÂÛÏÎËÍ¿ÒÜ
ÑÎÅÄÈÍÅÍÈÅÑÊËÅÌÌÀÌÈ ÖÀÍÃÀÌÈ
ÈÒÄ
iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Îxxä Óxää  £ÎxÊÝÊÊ Çx £äÓnÓÎ™Ó £äÓnÓΙΠ£äÓnÓΙ{
xÈää {äää £ä £ÈäÊÝÊÊ ™ä £äÓnÓΙx £äÓnÓÎ™È £äÓnÓΙÇ
™xää ÈÇää £Î £näÊÝÊ£ää £äÓnÓΙn £äÓnÓΙ™ £äÓnÓ{ää

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ £x
Ó

˜ÃV…>}ŽiÌÌi˜ÊӇÃÌÀB˜}ˆ}ʓˆÌÊ1˜ˆÛiÀÃ>‡6iÀLˆ˜`՘}Ã}ˆi`Ê


…>ˆ˜Êψ˜}ÃÊӇi}}i`Ê܈̅Ê՘ˆÛiÀÃ>ÊVœ˜˜iV̈˜}ʏˆ˜ŽÊ

—ÁÌÏØÎÜÆ×ÆÐÉÃÅÃÁÑÔØÝÀÒÔÎÉÃÆÑÒÁÌÝÎÜÍÒÏÆÅÉÎÉÓÆÌÝÎÜÍÈÃÆÎÏ͑7#

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˆÌÊ`i“Ê6iÀLˆ˜`՘}Ã}ˆi`ʏ>ÃÃi˜ÊÈV…Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ˜ÃV…ØÃÃiÊâÕʏi““i˜]Ê<>˜}i˜ÊÕÃÜ°Ê
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ …iÀÃÌii˜°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


œ˜˜iV̈˜}ʏˆ˜ŽÃÊ>ÀiÊÕÃi`Ê̜ÊV>“«Ê
Vœ˜˜iV̈œ˜Ã]ʓ>ŽiÊ}Àˆ«ÃÊiÌV°

ÎÅÄÈÍÈÒÅËÜÍÛÌÇÂÅÍÎÌÌÎÆÍÎ
ÂÛÏÎËÍ¿ÒÜÑÎÅÄÈÍÅÍÈÅÑÊËÅÌÌÀÌÈ
ÖÀÍÃÀÌÈÈÒÄ
iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Óäää Ê £{ää  ££äÊÝÊÊ Èä £äÓnÓ{ä£ £äÓnÓ{äÓ £äÓnÓ{äÎ
Ê Îxxä Ê Óxää Ên £ÎxÊÝÊÊ Çx £äÓnÓ{ä{ £äÓnÓ{äx £äÓnÓ{äÈ
Ê xÈää Ê {äää  £ÈäÊÝÊÊ ™ä £äÓnÓ{äÇ £äÓnÓ{än £äÓnÓ{ä™
Ê ™xää Ê ÈÇää £Î £näÊÝÊ£ää £äÓnÓ{£ä £äÓnÓ{££ £äÓnÓ{£Ó
£{äää £ääää £È ÓääÊÝÊ££ä £äÓnÓ{£Î £äÓnÓ{£{ £äÓnÓ{£x
Óääää £{äää £™ ÓÈäÊÝÊ£{ä £äÓnÓ{£È £äÓnÓ{£Ç £äÓnÓ{£n
ÓÈxää £™äää ÓÓ Î{äÊÝÊ£nä £äÓnÓ{£™ £äÓnÓ{Óä £äÓnÓ{Ó£
Îääää Ó£Óää ÓÈ ÎxäÊÝÊ£™ä £äÓnÓ{ÓÓ £äÓnÓ{ÓÎ £äÓnÓ{Ó{
{xäää Σxää ÎÓ {ääÊÝÊÓää £äÓnÓ{Óx £äÓnÓ{ÓÈ £äÓnÓ{ÓÇ

˜ÃV…>}ŽiÌÌi˜ÊӇÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê7

…>ˆ˜Êψ˜}ÃÊӇi}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ7ʱʗÁÌÏØÎÜÆ×ÆÐÉÃÅÃÁÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ+!'7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊÓÈʓ“Ê“ˆÌÊÕv…B˜}i}ˆi`ÊÊ՘`Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‡ˆi`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“ÊÓÈʓ“Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊÊ>˜`Ê

‡ˆ˜Ž

ÒÌÌÑÏÎÄÂÅÑÍÛÌÇÂÅÍÎÌÈ
ÇÂÅÍÎ̐

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Óäää Ê £{ää  ££äÊÝÊÊ Èä £äÓnÓ{Ón £äÓnÓ{ә £äÓnÓ{Îä
Ê Îxxä Ê Óxää Ên £ÎxÊÝÊÊ Çx £äÓnÓ{Σ £äÓnÓ{ÎÓ £äÓnÓ{ÎÎ
Ê xÈää Ê {äää  £ÈäÊÝÊÊ ™ä £äÓnÓ{Î{ £äÓnÓ{Îx £äÓnÓ{ÎÈ
Ê ™xää Ê ÈÇää £Î £näÊÝÊ£ää £äÓnÓ{ÎÇ £äÓnÓ{În £äÓnÓ{Ι
£{äää £ääää £È ÓääÊÝÊ££ä £äÓnÓ{{ä £äÓnÓ{{£ £äÓnÓ{{Ó
Óääää £{äää £™ ÓÈäÊÝÊ£{ä £äÓnÓ{{Î £äÓnÓ{{{ £äÓnÓ{{x
ÓÈxää £™äää ÓÓ Î{äÊÝÊ£nä £äÓnÓ{{È £äÓnÓ{{Ç £äÓnÓ{{n
Îääää Ó£Óää ÓÈ ÎxäÊÝÊ£™ä £äÓnÓ{{™ £äÓnÓ{xä £äÓnÓ{x£
{xäää Σxää ÎÓ {ääÊÝÊÓää £äÓnÓ{xÓ £äÓnÓ{xÎ £äÓnÓ{x{

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
£È
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

˜ÃV…>}ŽiÌÌi˜Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡>Ã̅>Ži˜Ê-7É-

…>ˆ˜Êψ˜}ÃÊ{‡i}}i`Ê܈̅ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7É-
—ÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀÒÏÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` -7É-
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ
-7É-

ÒÌÌÑÃÐÓÇÎÂÛÌÊÐÞÊÎÌÑ
ÑÅÐÜÃÎÉ(37(3

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Îäää Ê Ó£Óä  £ÎxÊÝÊÊ Çx £äÓnÓ{xx £äÓnÓ{xÈ £äÓnÓ{xÇ
Ê xÎää Ê ÎÇxä Ên £ÈäÊÝÊÊ ™ä £äÓnÓ{xn £äÓnÓ{x™ £äÓnÓ{Èä
Ê näää Ê Èäää  £näÊÝÊ£ää £äÓnÓ{È£ £äÓnÓ{ÈÓ £äÓnÓ{ÈÎ
£{äää £ääää £Î ÓääÊÝÊ££ä £äÓnÓ{È{ £äÓnәÇä £äÓnәǣ
Ó£Óää £xäää £È ÓÈäÊÝÊ£{ä £äÓnәÇÓ £äÓnәÇÎ £äÓnәÇ{
Îääää Ó£Óää £™ ÎxäÊÝÊ£™ä £äÓnәÇx £äÓnәÇÈ £äÓnәÇÇ
{ääää Ónäää ÓÓ ÎxäÊÝÊ£™ä £äÓnәÇn £äÓnәǙ £äÓnәnä
{xäää Σxää ÓÈ {ääÊÝÊÓää £äÓnәn£ £äÓnәnÓ £ääΙä£{
ÈÇäää {Çxää ÎÓ {ÈäÊÝÊÓxä £äÓnәnÎ £äÓnәn{ £ääΙä£x

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°

†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ £Ç
Ó

˜ÃV…>}ŽiÌÌi˜Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜Ê7

…>ˆ˜Êψ˜}ÃÊ{‡i}}i`Ê܈̅ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ7
—ÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀÒÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+,(7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ7‡>Ži˜
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅Ê7ʅœœŽ

ÒÌÌÑÊÐÞÊÎÌ,(7

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Îäää Ê Ó£Óä  £ÎxÊÝÊÊ Çx £äÓnәnx £äÓnәnÈ £äÓnәnÇ
Ê xÎää Ê ÎÇxä Ên £ÈäÊÝÊÊ ™ä £äÓnәnn £äÓnәn™ £äÓnә™ä
Ê näää Ê Èäää  £näÊÝÊ£ää £äÓnә™£ £äÓnә™Ó £äÓnә™Î
£{äää £ääää £Î ÓääÊÝÊ££ä £äÓnә™{ £äÓnә™x £äÓnә™È
Ó£Óää £xäää £È ÓÈäÊÝÊ£{ä £äÓnә™Ç £äÓnә™n £äÓnә™™
Îääää Ó£Óää £™ ÎxäÊÝÊ£™ä £äÓnÎäää £äÓnÎää£ £äÓnÎääÓ
{ääää Ónäää ÓÓ ÎxäÊÝÊ£™ä £äÓnÎääÎ £äÓnÎää{ £äÓnÎääx

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°


†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
£n
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

˜ÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊ{‡ÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê687Ê՘`Ê
Õ««i‡>Ã̅>Ži˜Ê-7É-

…>ˆ˜Êψ˜}ÃÊ­>`ÕÃÌ>Li®Ê{‡i}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ687Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7É-
—ÁÌÏØÎÜÆ×ÆÐÉÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ68+7ÉÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ*>À>i…>Ži˜Ê*7É*]Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`

Ê՘`Ê-7É-‡>Ži˜
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅ʫ>À>iÊ…œœŽÊ*7É*]Ê


Ê>˜`Ê-7É-ʅœœŽ

ÒÌÌÑÏÀÐÀËËÅËÜÍÛÌÊÐÞÊÎÌ
+070 ÇÂÅÍÎÌ#7#ÈÊÐÞÊÎÌ
(37(3
iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Îäää Ê Ó£Óä  £ÎxÊÝÊÊ Çx £äÓnÎääÈ £äÓnÎääÇ £äÓnÎään
Ê xÎää Ê ÎÇxä Ên £ÈäÊÝÊÊ ™ä £äÓnÎää™ £äÓnÎä£ä £äÓnÎ䣣
Ê näää Ê Èäää  £näÊÝÊ£ää £äÓnÎä£Ó £äÓnÎä£Î £äÓnÎä£{
£{äää £ääää £Î ÓääÊÝÊ££ä £äÓnÎä£x £äÓnÎä£È £äÓnÎä£Ç
Ó£Óää £xäää £È ÓÈäÊÝÊ£{ä £äÓnÎä£n £äÓnÎ䣙 £äÓnÎäÓä
Îääää Ó£Óää £™ ÎxäÊÝÊ£™ä £äÓnÎäÓ£ £äÓnÎäÓÓ £äÓnÎäÓÎ
{ääää Ónäää ÓÓ ÎxäÊÝÊ£™ä £äÓnÎäÓ{ £äÓnÎäÓx £äÓnÎäÓÈ
{xäää Σxää ÓÈ {ääÊÝÊÓää £äÓnÎäÓÇ £äÓnÎäÓn
ÈÇäää {Çxää ÎÓ {ÈäÊÝÊÓxä £äÓnÎäә £äÓnÎäÎä

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°

†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ £™
Ó

˜ÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊ{‡ÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê687Ê՘`Ê
Õ««i‡-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜Ê7

…>ˆ˜Êψ˜}ÃÊ­>`ÕÃÌ>Li®Ê{‡i}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ687Ê>˜`ÊÃ>viÌÞÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ7ʱʗÁÌÏØÎÜÆ×ÆÐÉ
ÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ68+7ÉÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+,7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ7‡>Ži˜
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅Ê7ʅœœŽ

ÒÌÌÑÊÐÞÊÎÌ,(7

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Îäää Ê Ó£Óä  £ÎxÊÝÊÊ Çx £äÓnÎäΣ £äÓnÎäÎÓ £äÓnÎäÎÎ
Ê xÎää Ê ÎÇxä Ên £ÈäÊÝÊÊ ™ä £äÓnÎäÎ{ £äÓnÎäÎx £äÓnÎäÎÈ
Ê näää Ê Èäää  £näÊÝÊ£ää £äÓnÎäÎÇ £äÓnÎäÎn £äÓnÎäΙ
£{äää £ääää £Î ÓääÊÝÊ££ä £äÓnÎä{ä £äÓnÎä{£ £äÓnÎä{Ó
Ó£Óää £xäää £È ÓÈäÊÝÊ£{ä £äÓnÎä{Î £äÓnÎä{{ £äÓnÎä{x
Îääää Ó£Óää £™ ÎxäÊÝÊ£™ä £äÓnÎä{È £äÓnÎä{Ç £äÓnÎä{n
{ääää Ónäää ÓÓ ÎxäÊÝÊ£™ä £äÓnÎä{™ £äÓnÎäxä £äÓnÎäx£

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°


†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
Óä
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

4LiÀ}Àœ~iÃÊÕv…B˜}i}ˆi`tʘÃV…>}ŽiÌÌi˜Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊ
ØLiÀ}Àœ~i“ÊÕv…B˜}i}ˆi`Ê67Ê՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7
"ÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽtÊ
…>ˆ˜Êψ˜}ÃÊ{‡i}}i`Ê܈̅ʜÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽÊ67Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
ÏÅÃÆÒÎÏÆÈÃÆÎÏÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ—ÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ6,7É
Ò×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Ê näää Ê Ê Èäää  Î{äÊÝÊ£nä £äÓnÎäxÓ £äÓnÎäxÎ £äÓnÎäx{
Ê £{äää Ê £ääää £Î Î{äÊÝÊ£nä £äÓnÎäxx £äÓnÎäxÈ £äÓnÎäxÇ
Ê Ó£Óää Ê £xäää  Î{äÊÝÊ£nä £äÓnÎäxn £äÓnÎäx™ £äÓnÎäÈä

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°

†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ Ó£
Ó

4LiÀ}Àœ~iÃÊÕv…B˜}i}ˆi`tʘÃV…>}ŽiÌÌi˜ÊÛiÀŽØÀâL>ÀÊ{‡ÃÌÀB˜}ˆ}ʓˆÌÊ
ØLiÀ}Àœ~i“ÊÕv…B˜}i}ˆi`Ê87Ê՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7
"ÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽtÊ
…>ˆ˜Êψ˜}ÃÊ­>`ÕÃÌ>Li®Ê{‡i}}i`Ê܈̅ʜÛiÀÈâi`ʓ>ÃÌiÀʏˆ˜ŽÊ87Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
ÏÅÃÆÒÎÏÆÈÃÆÎÏÔÃÆÌÉØÆÎÎÏÄÏÑÁÈÍÆÑÁ—ÁÌÏØÎÜÆ×ÆÐÉÍÏÄÔÓÂÜÓÝÔËÏÑÏØÆÎÜÃÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍÔÃÆÌÉØÆÎÎÏÄÏ
ÑÁÈÍÆÑÁ,8+7ÉÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Ê näää Ê Ê Èäää  Î{äÊÝÊ£nä £äÓnÎäÈ£ £äÓnÎäÈÓ £äÓnÎäÈÎ
Ê £{äää Ê £ääää £Î Î{äÊÝÊ£nä £äÓnÎäÈ{ £äÓnÎäÈx £äÓnÎäÈÈ
Ê Ó£Óää Ê £xäää  Î{äÊÝÊ£nä £äÓnÎäÈÇ £äÓnÎäÈn £äÓnÎäș

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°


†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊÕ««iÃV…BŽiÊ-
7

…>ˆ˜Êψ˜}ÃÊ{‡i}}i`Ê܈̅ÊVœÕ«ˆ˜}ÊÅ>VŽiÊ-
7ʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀÒÏÒ×ÆÐÎÏÊÒËÏÂÏʊ3#(7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˆÌÊ`i“ÊÕ««iÃV…BŽiÊ>ÃÃi˜ÊÈV…Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ˜ÃV…ØÃÃiÊâÕʏi““i˜]Ê<>˜}i˜ÊÕÃÜ°Ê
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ …iÀÃÌii˜°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


œÕ«ˆ˜}ÊÅ>VŽiÃʓ>ÞÊLiÊÕÃi`ÊvœÀÊ
>ÌÌ>V…“i˜ÌÊ̜ÊV>“«Ã]Ê}Àˆ«ÃÊiÌV°


ÖÅÏÍÎÉÑÊÎÁÎÉÌÎÆÍÎÂÛÏÎËÍ¿ÒÜ
ÑÎÅÄÈÍÅÍÈÅÑÊËÅÌÌÀÌÈ ÖÀÍÃÀÌÈ
ÈÒÄ
iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Ê xÎää Ê ÎÇxä  £ÈäÊÝÊÊ ™ä £äÓnÎäÇä £äÓnÎäÇ£ £äÓnÎäÇÓ
Ê Ê näää Ê Èäää £ä £näÊÝÊ£ää £äÓnÎäÇÎ £äÓnÎäÇ{ £äÓnÎäÇx
Ê £{äää £ääää  ÓääÊÝÊ££ä £äÓnÎäÇÈ £äÓnÎäÇÇ £äÓnÎäÇn

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°


†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ÓÓ
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó

˜ÃV…>}ŽiÌÌi˜Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊ1˜ˆÛiÀÃ>‡6iÀLˆ˜`՘}Ã}ˆi`Ê


…>ˆ˜Êψ˜}ÃÊ{‡i}}i`Ê܈̅Ê՘ˆÛiÀÃ>ÊVœ˜˜iV̈˜}ʏˆ˜ŽÊ

Ê
—ÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀÒÔÎÉÃÆÑÒÁÌÝÎÜÍÒÏÆÅÉÎÉÓÆÌÝÎÜÍÈÃÆÎÏ͑7#

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˆÌÊ`i“Ê6iÀLˆ˜`՘}Ã}ˆi`ʏ>ÃÃi˜ÊÈV…Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ˜ÃV…ØÃÃiÊâÕʏi““i˜]Ê<>˜}i˜ÊÕÃÜ°Ê
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ …iÀÃÌii˜°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


œ˜˜iV̈˜}ʏˆ˜ŽÃÊ>ÀiÊÕÃi`ÊvœÀÊ>ÌÌ>V…‡
“i˜ÌÊ̜ÊV>“«Ã]Ê}Àˆ«ÃÊiÌV°

ÎÅÄÈÍÈÒÅËÜÍÛÌÇÂÅÍÎÌÌÎÆÍÎ
ÂÛÏÎËÍ¿ÒÜÑÎÅÄÈÍÅÍÈÅÑÊËÅÌÌÀÌÈ
ÖÀÍÃÀÌÈÈÒÄ
iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Îäää Ê Ó£Óä  £ÎxÊÝÊÊ Çx £äÓnÎäǙ £äÓnÎänä £äÓnÎän£
Ê xÎää Ê ÎÇxä Ên £ÈäÊÝÊÊ ™ä £äÓnÎänÓ £äÓnÎänÎ £äÓnÎän{
Ê näää Ê Èäää  £näÊÝÊ£ää £äÓnÎänx £äÓnÎänÈ £äÓnÎänÇ
£{äää £ääää £Î ÓääÊÝÊ££ä £äÓnÎänn £äÓnÎän™ £äÓnÎä™ä
Ó£Óää £xäää £È ÓÈäÊÝÊ£{ä £äÓnÎ䙣 £äÓnÎä™Ó £äÓnÎä™Î
Îääää Ó£Óää £™ ÎxäÊÝÊ£™ä £äÓnÎä™{ £äÓnÎä™x £äÓnÎä™È
{ääää Ónäää ÓÓ ÎxäÊÝÊ£™ä £äÓnÎä™Ç £äÓnÎä™n £äÓnÎ䙙
{xäää Σxää ÓÈ {ääÊÝÊÓää £äÓnΣää £äÓnÎ£ä£ £äÓnΣäÓ
ÈÇäää {Çxää ÎÓ {ÈäÊÝÊÓxä £äÓnΣäÎ £äÓnΣä{ £äÓnΣäx

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°

†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}

…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ ÓÎ
Ó

˜ÃV…>}ŽiÌÌi˜Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊÕv…B˜}i}ˆi`Ê7

…>ˆ˜Êψ˜}ÃÊ{‡i}}i`Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊ7ʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀÒÐÏÅÃÆÒÎÜÍÈÃÆÎÏÍ+!'7

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊÓÈʓ“Ê“ˆÌÊÕv…B˜}i}ˆi`ÊÊ՘`Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‡ˆi`°
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“ÊÓÈʓ“Ê܈̅ʓ>ÃÌiÀʏˆ˜ŽÊÊ>˜`Ê

‡ˆ˜Ž°

ÒÌÌÑÏÎÄÂÅÑÍÛÌÇÂÅÍÎÌÈ
ÇÂÅÍÎ̐

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê Îäää Ê Ó£Óä  £ÎxÊÝÊÊ Çx £äÓnΣäÈ £äÓnΣäÇ £äÓnΣän
Ê xÎää Ê ÎÇxä Ên £ÈäÊÝÊÊ ™ä £äÓnÎ£ä™ £äÓnΣ£ä £äÓnΣ££
Ê näää Ê Èäää  £näÊÝÊ£ää £äÓnΣ£Ó £äÓnΣ£Î £äÓnΣ£{
£{äää £ääää £Î ÓääÊÝÊ££ä £äÓnΣ£x £äÓnΣ£È £äÓnΣ£Ç
Ó£Óää £xäää £È ÓÈäÊÝÊ£{ä £äÓnΣ£n £äÓnΣ£™ £äÓnΣÓä
Îääää Ó£Óää £™ ÎxäÊÝÊ£™ä £äÓnΣӣ £äÓnΣÓÓ £äÓnΣÓÎ
{ääää Ónäää ÓÓ ÎxäÊÝÊ£™ä £äÓnΣÓ{ £äÓnΣÓx £äÓnΣÓÈ
{xäää Σxää ÓÈ {ääÊÝÊÓää £äÓnΣÓÇ £äÓnΣÓn £äÓnΣә
ÈÇäää {Çxää ÎÓ {ÈäÊÝÊÓxä £äÓnΣÎä £äÓnΣΣ £äÓnΣÎÓ

IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡-ÌÀ>˜}‡i…B˜}i˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê


iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°

IÊÊ/…iÊÃÌ>Ìi`ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ{‡i}}i`Êψ˜}Ãʜ˜ÞÊ>««ˆiÃÊ̜ÊÃޓ“iÌÀˆV>Êœ>`ð
˜ÊV>ÃiʜvÊ>Ãޓ“iÌÀˆVʏœ>`Ã]ʜ˜ÞÊ>ÃÃՓiÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}ÃÊ­ˆ˜Ê>VV°Ê܈̅ÊÊ ,ÊxääÊV…°ÊÓ°nÉΰx°Î®°


†ÍÀ×ÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÄË¿ÏÎÄÂÅÑÎÊÂÐÓ×Ü¿ÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÂÑÅÕÐÓ×ÜÅÂ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃËÀÂÀÒÎËÜÊÎÄÂÀÐÓ×Ü¿ÌÎÆÍÎÑ×ÈÒÀÒÜÍÅÑÓÙÈÌÈ

˜ÃV…>}ŽiÌÌi˜Ê£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
Ó{
…>ˆ˜Êψ˜}Ê£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆ×ÆÐÉÃÑÔØÝÀ
Ó
Î

ÕÃ}iˆV…Ã}i…B˜}iÉiÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}i

œ“«i˜Ã>̈˜}Êψ˜}ʱʂÜÑÁÃÎÉÃÁßÚÉÆÐÏÅÃÆÒËÉ

1˜ÃiÀiÊÕÃ}iˆV…Ã}i…B˜}iʓˆÌÊ7ˆ««iÊ
ÜÀ}i˜ÊvØÀʅŸ…iÀiÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ}iˆV…iÀÊ-iˆ‡ÊLâÜ°Ê
iÌÌi˜‡ i˜˜`ˆVŽi

"ÕÀÊVœ“«i˜Ã>̈˜}Êψ˜}ÃÊ܈̅ÊÀœVŽiÀʓiV…>˜ˆÃ“ʈ˜VÀi>ÃiÊ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊvœÀÊ̅iÊÃ>“iÊV>LiʜÀÊV…>ˆ˜ÊÈâi

ÁÙÉÃÜÑÁÃÎÉÃÁßÚÉÆÐÏÅÃÆÒËÉÒÌÆÂÆÅËÏÊÏÂÆÒÐÆØÉÃÁßÓ
ÂÏÌÆÆÃÜÒÏËÔßÄÑÔÈÏÐÏÅÛÆÍÎÏÒÓÝÐÑÉÓÏÊÇÆÎÏÍÉÎÁÌÝÎÏÊ
ÓÏÌÚÉÎÆËÁÎÁÓÁÉÌÉ×ÆÐÉ

iˆÊ̅iœÀïÃV…ÊÃޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}Ê ÕÀV…Ê6iÀÜi˜`՘}Êiˆ˜iÀÊÕÃ}iˆV…Ã܈««iʎŸ˜‡
՘`Ê̅iœÀïÃV…Ê}iˆV…iÀÊ-ÌÀ>˜}B˜}iʎŸ˜˜Ìi˜Ê ˜i˜ÊŽiˆ˜i]ʈ˜Ê`iÀÊ*À>݈ÃÊۜÀŽœ““i˜`iÊ1˜}i‡
>iÊ{Ê-ÌÀB˜}iʏ>ÃÌÌÀ>}i˜`ÊÃiˆ˜°Ê ˆiÊ  Ê ˜>Ո}ŽiˆÌi˜Ê`iÀʘœÀ`˜Õ˜}Ê`iÀʘÃV…>}«Õ˜ŽÌiÊ
‡ œÀ“i˜ÊÃiÌâi˜Ê}À՘`ÃBÌ⏈V…Ê`ˆiÊ·Ê՘`Ê
i…B˜}iʜ…˜iÊÕÃ}iˆV… i…B˜}iʓˆÌÊÕÃ}iˆV… ՘`ÊâՏBÃÈ}iÊB˜}i˜ÌœiÀ>˜âi˜Ê`iÀÊ-ÌÀB˜}iÊ
{‡-ÌÀ>˜}‡i…B˜}iÊ}iˆV…° œ˜‡Vœ“«i˜Ã>̈˜}Êψ˜}Ã
œ“«i˜Ã>̈˜}Êψ˜}à >ÕÃ}i}ˆV…i˜ÊÜiÀ`i˜°
iˆÊiˆ˜i“Êi…B˜}iʓˆÌÊ£äʓ“ÊiÌÌi˜‡ i˜˜`ˆ‡ ŽÎÄÂÅÑÊÀÁÅÇÂÛÐÀÂÍÈÂÀÍÈ¿ ŽÎÄÂÅÑÊÀÑÂÛÐÀÂÍÈÂÀÍÈÅÌ >“ˆÌÊÌÀ>}i˜Êˆ“ÊÕÃ}iˆV…ÃLiÀiˆV…Ê`iÀÊÕÇ
VŽiÊiÀ}ˆLÌÊÈV…Ê`>À>ÕÃÊiˆ˜iÊ/À>}vB…ˆ}ŽiˆÌÊۜ˜ }iˆV…Ã܈««iÊ>iÊ{Ê-ÌÀB˜}iÊ`ˆiÊ>Ã̰ʈÌÊiˆ˜Ê
näääʎ} ՘`Ê`i“ÃiLi˜Êi…B˜}iÊiÀÀiˆV…i˜Ê-ˆiʘ՘Ê`ˆiÊ
/À>}vB…ˆ}ŽiˆÌÊۜ˜

iˆÊiÌÜ>ÃÊ՘}i˜>ÕiÀÊ6iÀÌiˆÕ˜}Ê`iÀʘÃV…>}‡ ££Óääʎ}
«Õ˜ŽÌiÊLâÜ°ÊiÀ>ÕLÌi˜ÊB˜}i˜ÌœiÀ>˜âi˜Ê
`iÀÊ-ÌÀB˜}iÊÌÀ>}i˜Ê˜ÕÀÊÓÊ-ÌÀB˜}i]Ê`ˆ>}œ˜>Ê
}i}i˜ØLiÀˆi}i˜`]Ê`ˆiÊ>ÃÌÊ­-V…ˆivÃÌiÕ˜}ÊLâÜ°Ê /…iÊÕÃiʜvÊ>ÊÀœVŽiÀʓiV…>˜ˆÃ“Ê…i«ÃÊVœ“«i˜‡
*i˜`i˜Ê`iÀÊ>ÃÌÊØLiÀÊ`ˆiÊ ˆ>}œ˜>i®Ê Ã>ÌiÊ>˜ÞÊ`ˆvviÀi˜ViÃʈ˜Ê̅iÊ«œÃˆÌˆœ˜ÊœvÊ̅iʏˆv̈˜}Ê
,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°Î° «œˆ˜ÌÃÊ>˜`ʏi˜}̅Ê̜iÀ>˜ViÃʜvÊ̅iʏi}ð
>“ˆÌÊÀi`ÕâˆiÀÌÊÈV…Ê`ˆiÊ/À>}vB…ˆ}ŽiˆÌÊ`iÃÊ Ê{ʏi}ÃÊ܈Ê̅iÀivœÀiÊÃÕ««œÀÌÊ̅iʏœ>`Ê܅i˜Ê
£äʓ“ÊiÌÌi˜}i…B˜}iÃÊ>Õv ̅iÊÀœVŽiÀʈÃÊVœ“«i˜Ã>̈˜}ÊVœÀÀiV̏ްÊ"˜iÊψ˜}Ê
V>˜Ê˜œÜÊ«ÀœÛˆ`iÊ>ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞʜv
xÈääʎ}
££]Óääʎ}

˜ÊV>ÃiʜvÊ̅iœÀïV>ÞÊÃޓ“iÌÀˆV>Êœ>`ÃÊ>˜`Ê
̅iœÀïV>Þʈ`i˜ÌˆV>Êi}ʏi˜}̅Ã]Ê>Ê{ʏi}ÃÊ
܈ÊÃÕ««œÀÌÊ̅iʏœ>`°Ê˜Ê«Àˆ˜Vˆ«iÊ̅iÊ  Ê Ê
ÃÌ>˜`>À`ÃÊVœ˜Ãˆ`iÀÊ·Ê>˜`Ê{‡i}}i`Êψ˜}ÃÊÌœÊ ÏÎÌÎÙÜÞÂÛÐÀÂÍÈÂÀÞÙÅÉËÅÁÅÄÊÈÌÎÆÍÎ
LiÊiµÕˆÛ>i˜Ì° ÓÑÒÐÀÍÈÒÜÂËÈ¿ÍÈÅÍÅÁÎËÜØÈÕÂÎÇÍÈÊÀÞÙÈÕ
Êψ˜}Ê܈̅ʣäʓ“ʘœ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}iʜvviÀÃÊ ÍÀÏÐÀÊÒÈÊÅÍÅÒÎ×ÍÎÑÒÅÉÐÀÑÏÎËÎÆÅÍÈ¿
>ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞʜv ÒÎ×ÅÊÑÒÐÎÏÎÂÊÈÈÐÀÇÐÅØÅÍÍÛÕÄÎÏÓÑÊÎÂ
n]äääʎ} ÄËÈÍÛÐÓ×ÜÅÂ
‘ÀÊÈÌÎÁÐÀÇÎÌ ÂÇÎÍÅÄÅÉÑÒÂÈ¿
ÂÛÐÀÂÍÈÂÀÞÙÅÉËÅÁÅÄÊÈÍÀÃÐÓÇÊÓÍÅÑÓÒ
1˜iÛi˜ÞÊ`ˆÃÌÀˆLÕÌi`ʏˆv̈˜}Ê«œˆ˜ÌÃʜÀÊ`ˆvviÀi˜ViÃÊ ŽÐÈÒÅÎÐÅÒÈ×ÅÑÊÈÑÈÌÌÅÒÐÈ×ÍÎÌ ŽÐÈÍÅÑÊÎËÜÊÎÍÅÒÎ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈ ÂÑÅÐÓ×Ü¿ŽÐÈÏÎÌÎÙÈÒÎÉÆÅÏÎÄÂÅÑÊÈ
ˆ˜Êi˜}̅Ê̜iÀ>˜ViÊ܈ÊÀiÃՏÌʈ˜Êœ˜ÞÊÓÊ`ˆ>}œ‡ ÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÈÒÅÎÐÅÒÈ×ÅÑÊÈ ÒÎ×ÅÊÑÒÐÎÏÎÂÊÈÈËÈÏÐÈÐÀÇÐÅØÅÍÍÛÕ ÄÎÑÒÈÃÀÅÒÑ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
˜>Þʜ««œÃˆÌiʏi}ÃÊV>ÀÀވ˜}Ê̅iʏœ>`Ê­œ«Ãˆ`i`Ê ÎÄÈÍÀÊÎÂÎÉÄËÈÍÅÐÓ×ÜÅÂÂÑÅÐÓ×Ü¿ÌÎÃÓÒ ÄÎÏÓÑÊÀÕÄËÈÍÛÐÓ×ÜÅÂÍÀÃÐÓÇÊÓÍÅÑÓÒ
œÀÊÃ܈˜}ˆ˜}ʏœ>`Ê>VÀœÃÃÊ̅iÊ`ˆ>}œ˜>®Ê ,ÊxääÊ ÁÛÒÜÍÅÑÓÙÈÌÈÍÀÃÐÓÇÊÓŒÎÐÌÛ$).%.  ÒÎËÜÊÎÐÓ×Ü¿ ÏÐÎÒÈÂÎËÅÆÀÙÈÅÏÎ ÊÃ
V…>«ÌiÀÊÓ°nÉΰx°Î°Ê ÖÅËÎÌ ÓÐÀÂÍÈÂÀÞÒÏÎÄÂÅÑÊÈÂÈÐÓ×Ü¿ ÄÈÀÃÎÍÀËÈÍÀÊËÎÍÍÎÅÏÎËÎÆÅÍÈÅÈËÈ
/…ˆÃÊÀi`ÕViÃÊ̅iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞʜvÊ>Ê ŽÐÈÈÑÏÎËÜÇÎÂÀÍÈÈÏÎÄÂÅÑÊÈÑ ÐÀÑÊÀ×ÈÂÀÍÈÅÃÐÓÇÀÏÎÄÈÀÃÎÍÀËÈ "'2
£ä““ÊV…>ˆ˜Êψ˜}Ê̜ ÍÎÌÈÍÀËÜÍÎÉÒÎËÙÈÍÎÉÖÅÏÈÌÌ ÃËÀÂÀ
x]Èääʎ} ÄÎÑÒÈÃÀÅÒÑ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÐÅÇÓËÜÒÀÒÅÝÒÎÃÎÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
ÌÌÖÅÏÍÎÉÏÎÄÂÅÑÊÈÓÌÅÍÜØÀÅÒÑ¿ÄÎ
ÊÃ
ÊÃ

ÕÃ}iˆV…Ã}i…B˜}iÉiÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}i
ÓÈ
œ“«i˜Ã>̈˜}Êψ˜}ʱʂÜÑÁÃÎÉÃÁßÚÉÆÐÏÅÃÆÒËÉ
Î

-iˆ‡ÕÃ}iˆV…Ã}i…B˜}iʓˆÌÊ7ˆ««i]Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊ-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜

>LiÊVœ“«i˜Ã>̈œ˜Êψ˜}ÃÊ܈̅ÊÀœVŽiÀ]Ê{‡i}}i`Ê܈̅ÊÃ>viÌÞʏœ>`ʅœœŽÊ
‚ÜÑÁÃÎÉÃÁßÚÉÊÑÏÌÉËÏÃÜÊËÁÎÁÓÎÜÊÂÌÏËÒÌÆÂÆÅËÏÊ ÑÔØÝÀÒÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜} -Ì>˜`>À`B˜}iÊ
œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} -Ì>˜`>À`ʏi˜}̅Ê `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ ÑÒÀÍÄÀÐÒÍÀ¿ÄËÈÍÀ,
““ ““ “
ä‡{xc {x‡Èäc Ó]xʓ Î]£xʓ {ʓ È]Îʓ nʓ
Ê Ónää Ê Óäää  £ÈäÊÝÊÊ ™ä Ó]xä 
Ê {Óää Ê Îäää £Ó £ÈäÊÝÊÊ ™ä Î]£x £ää{ÓÓÇÈ
Ê Çxää Ê x{ää  £näÊÝÊ£ää {]ää £ää{ÓÓÇÇ
£{äää £ääää ÓÓ ÓÇäÊÝÊ£{ä È]Îä £ää{ÓÓÇn
£™Èää £{äää ÓÈ ÎääÊÝÊ£Èä È]Îä £ää{ÓÓnä
Îääää ÓÓäää ÎÓ ÎxäÊÝÊ£™ä n]ää £äÓnΣÎÎ
Ιäää Ónäää ÎÈ {ÎäÊÝÊÓÓä n]ää £ää{ÓÓnÓ
ÕvÊ7՘ÃV…ÊÜiÀ`i˜Ê`ˆiÊÕÃ}iˆV…Ã}i…B˜}iʓˆÌÊ >ÕÌiˆi˜Ê˜>V…Ê…ÀiÀÊ7>…Ê>ÕÃ}iÀØÃÌiÌʱÊ/…iÊVœ“«i˜Ã>̈œ˜Êψ˜}Ê܈ÊLiÊwÌÌi`Ê܈̅ÊVœ“«œ˜i˜ÌÃʜvÊޜÕÀÊV…œˆViʜ˜ÊÀiµÕiÃÌ
ŽÎÇÀÊÀÇÓÂÛÐÀÂÍÈÂÀÞÙÈÅÐÎËÈÊÎÂÛÅÁËÎÊÈÌÎÃÓÒÁÛÒÜÎÑÍÀÙÅÍÛÊÎÍÑÒÐÓÊÒÈÂÍÛÌÈÝËÅÌÅÍÒÀÌÈÍÀÀØÂÛÁÎÐ
7iˆÌiÀiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅Ãʜ˜ÊÀiµÕiÃÌʱʃÐÓÃÈÅÄËÈÍÛuÏÎÇÀÏÐÎÑÓ

iÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}iʓˆÌÊ7ˆ««i]Ê{‡ÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡>Ã̅>Ži˜Ê-7

…>ˆ˜ÊVœ“«i˜Ã>̈œ˜Êψ˜}Ê܈̅ÊÀœVŽiÀ]Ê{‡i}}i`Ê܈̅ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
‚ÜÑÁÃÎÉÃÁßÚÉÊÑÏÌÉËÏÃÜÊÂÌÏË×ÆÐÉÒÌÆÂÆÅËÏÊ ÑÔØÝÀÒÏÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ LÊ£™Ê““Ê“ˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê-7
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

Àœ“Ê£™Ê““Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ-7

ÒÌÌÑÃÐÓÇÎÂÛÌÊÐÞÊÎÌÑ
ÑÅÐÜÃÎÉ(37

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê {äää Ê Ónää ÊÈ £ÈäÊÝÊÊ ™ä £äÓnΣÎ{ £äÓnΣÎx £äÓnΣÎÈ
Ê Ç£ää Ê xäää Ên £näÊÝÊ£ää £äÓnΣÎÇ £äÓnΣÎn £äÓnΣΙ
££Óää Ê näää £ä ÓääÊÝÊ££ä £äÓnΣ{ä £äÓnΣ{£ £äÓnΣ{Ó
£näää £ÎÓää £Î ÓÈäÊÝÊ£{ä £äÓnΣ{Î £äÓnΣ{{ £äÓnΣ{x
Ónäää Óääää £È ÎxäÊÝÊ£™ä £äÓnΣ{È £äÓnΣ{Ç £äÓnΣ{n
{ääää Ónäää £™ ÎxäÊÝÊ£™ä £äÓnΣ{™ £äÓnΣxä £äÓnΣx£
xÎäää ÎÇxää ÓÓ {ääÊÝÊÓää £äÓnΣxÓ £äÓnΣxÎ £äÓnΣx{

ÕÃ}iˆV…Ã}i…B˜}iÉiÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}i

œ“«i˜Ã>̈˜}Êψ˜}ʱʂÜÑÁÃÎÉÃÁßÚÉÆÐÏÅÃÆÒËÉ ÓÇ
Î

iÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}iÊÛiÀŽØÀâL>ÀʓˆÌÊ7ˆ««i]Ê{‡ÃÌÀB˜}ˆ}]ʓˆÌÊÕ««i‡>Ã̅>Ži˜Ê-7

…>ˆ˜ÊVœ“«i˜Ã>̈œ˜Êψ˜}Ê>`ÕÃÌ>Liʏi˜}̅Ê܈̅ÊÀœVŽiÀ]Ê{‡i}}i`Ê܈̅ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
‚ÜÑÁÃÎÉÃÁßÚÉÊ×ÆÐÎÏÊÑÏÌÉËÏÃÜÊÂÌÏËÌÆÂÆÅËÏÊ ÑÔØÝÀÒÏÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ
Ê {äää Ê Ónää ÊÈ £ÈäÊÝÊÊ ™ä £äÓnΣxx £äÓnΣxÈ £äÓnΣxÇ
Ê Ç£ää Ê xäää Ên £näÊÝÊ£ää £äÓnΣxn £äÓnΣx™ £äÓnΣÈä
££Óää Ê näää £ä ÓääÊÝÊ££ä £äÓnΣȣ £äÓnΣÈÓ £äÓnΣÈÎ
£näää £ÎÓää £Î ÓÈäÊÝÊ£{ä £äÓnΣÈ{ £äÓnΣÈx £äÓnΣÈÈ
Ónäää Óääää £È ÎxäÊÝÊ£™ä £äÓnΣÈÇ £äÓnΣÈn £äÓnΣș
{ääää Ónäää £™ ÎxäÊÝÊ£™ä £äÓnΣÇä £äÓnΣǣ £äÓnΣÇÓ
xÎäää ÎÇxää ÓÓ {ääÊÝÊÓää £äÓnΣÇÎ £äÓnΣÇ{ £äÓnΣÇx

V…Ì՘}\ÊÕÃ}iˆV…Ãv՘ŽÌˆœ˜Ê`iÀÊ7ˆ««iʈÃÌʘÕÀÊLiˆÊœÀ`˜Õ˜}Ã}i“B~iÀÊ6iÀŽØÀâ՘}Ê}iÜB…ÀiˆÃÌiÌÊ­>iÊ{Ê-ÌÀB˜}iÊÌÀ>}i˜`®t
ÌÌi˜Ìˆœ˜\Ê̅iÊÀœVŽiÀÊVœ“«i˜Ã>̈˜}ʓiV…>˜ˆÃ“Êœ˜ÞÊv՘V̈œ˜ÃÊVœÀÀiV̏ÞÊ܅i˜ÊVœÀÀiV̏ÞÊŜÀÌi˜i`Ê­>Ê{ʏi}ÃÊÃÕ««œÀ̈˜}ʏœ>`®
ÍÈÌÀÍÈŁÛÐÀÂÍÈÂÀÞÙÀ¿ÔÓÍÊÖÈ¿ËÅÁÅÄÊÈÃÀÐÀÍÒÈÐÓÅÒÑ¿ÒÎËÜÊÎÏÐÈÍÀÄËÅÆÀÙÅÌÓÊÎÐÀ×ÈÂÀÍÈÈÂÑÅÐÓ×Ü¿ÍÅÑÓÙÈÅ

˜ÃV…>}ŽiÌÌi˜ÊӇÃÌÀB˜}ˆ}ʓˆÌÊÕ««i‡>Ã̅>Ži˜Ê-7

…>ˆ˜Êψ˜}ÃʭӇi}}i`®Ê܈̅ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
—ÁÌÏØÎÜÆ×ÆÐÉÃÅÃÁÑÔØÝÀÒÏÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ >LÊ£™Ê““Ê“ˆÌÊ&Ãi˜>Ã̅>Ži˜Ê-7
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` “ˆÌÊ7ˆ««i
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ܈̅ÊÀœVŽiÀ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ
ÑËÅÁÅÄÊÎÉ
vÀœ“Ê£™Ê““Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ-7

ÎÒÌÌÑÊÐÞÊÎÌÑÑÅÐÜÃÎÉ(37

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°{xc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc Óʓ Îʓ
Ê {äää ÊÈ ££äÊÝÊÊ Èä £äÓnΣÇÈ £äÓnΣÇÇ
Ê Ç£ää Ên £ÎxÊÝÊÊ Çx £äÓnΣÇn £äÓnΣǙ
££Óää £ä £ÈäÊÝÊÊ ™ä £äÓnΣnä £äÓnΣn£
£näää £Î £näÊÝÊ£ää £äÓnΣnÓ £äÓnΣnÎ
Ónäää £È ÓääÊÝÊ££ä £äÓnΣn{ £äÓnΣnx
{ääää £™ ÓÈäÊÝÊ£{ä £äÓnΣnÈ £äÓnΣnÇ
xÎäää ÓÓ Î{äÊÝÊ£nä £äÓnΣnn £äÓnΣn™

ÕÃ}iˆV…Ã}i…B˜}iÉiÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}i
Ón
œ“«i˜Ã>̈˜}Êψ˜}ʱʂÜÑÁÃÎÉÃÁßÚÉÆÐÏÅÃÆÒËÉ
Î

iÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}iÊvØÀʈˆ}À>˜‡ iVŽi˜Ê“ˆÌÊ
Õ««iÃV…BŽiÊ-
7Ê՘`ÊÕ««i‡>Ã̅>Ži˜Ê-7

…>ˆ˜ÊVœ“«i˜Ã>̈œ˜Êψ˜}ÊvœÀʈˆ}À>˜ÊViˆˆ˜}ÃÊ܈̅ÊVœÕ«ˆ˜}ÊÅ>VŽiÊ-
7Ê>˜`ÊVœÕ«ˆ˜}ʏœ>`ʅœœŽÊ-7
‚ÜÑÁÃÎÉÃÁßÚÉÊ×ÆÐÎÏÊÑÏÌÉËÏÃÜÊÂÌÏËÅÌÀÓÏÎËÉÖÐÆÑÆËÑÜÓÉÊÒÏÒ×ÆÐÎÏÊÒËÏÂÏÊ+3#(7ÉÒ×ÆÐÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ+(37

-«iâˆ>}i…B˜}iÊvØÀÊ`i˜Ê/À>˜Ã«œÀÌÊۜ˜Êˆˆ}À>˜‡ iVŽi˜ii“i˜Ìi˜°Ê ÕÀV…Ê`ˆiÊ


ÕÃ}iˆV…Ã܈ÀŽÕ˜}Ê`iÀÊÕ««iÃV…BŽiÊ܈À`Êiˆ˜iÊ}iˆV…“B~ˆ}iÊ>ÃÌÛiÀÌiˆÕ˜}Ê
>ÕvÊ`ˆiÊnʘÃV…>}«Õ˜ŽÌiÊiÀâˆiÌ°Ê ÕÌâB˜}iÊV>°Êx]xʓ

-«iVˆ>ÊÌÀ>˜Ã«œÀÌ>̈œ˜Êψ˜}ÃÊvœÀʈˆ}À>˜ÊViˆˆ˜}Êii“i˜ÌðÊ/…iÊVœ“«i˜Ã>̈œ˜Ê
ivviVÌʜvÊ̅iÊVœÕ«ˆ˜}ÊÅ>VŽiÊi˜ÃÕÀiÃÊiÛi˜Êœ>`Ê`ˆÃÌÀˆLṎœ˜Êœ˜Ê>Ênʏˆv̈˜}Ê
«œˆ˜ÌÃ°Ê vviV̈Ûiʏi˜}̅ÊV>°Êx°xʓ

ÏÅÖÈÀËÜÍÀ¿ÏÎÄÂÅÑÊÀÄË¿ÏÅÐÅÌÅÙÅÍÈ¿ÒÎÍÊÈÕÝËÅÌÅÍÒÎÂ
ÏÅÐÅÊÐÛÒÈÉ€ËÀÃÎÄÀпÂÛÐÀÂÍÈÂÀÞÙÅÌÓÄÅÉÑÒÂÈÞÑÖÅÏÍÎÉÑÊÎÁÛ
ÄÎÑÒÈÃÀÅÒÑ¿ÐÀÂÍÎÌÅÐÍÎÅÐÀÑÏÐÅÄÅËÅÍÈÅÍÀÃÐÓÇÊÈÌÅÆÄÓÒÎ×ÊÀÌÈ
ÑÒÐÎÏÎÂÊÈŽÎËÅÇÍÀ¿ÄËÈÍÀÎÊÎËÎ Ì

/À>}vB…ˆ}ŽiˆÌ `i˜Ì˜Õ““iÀ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ iÌÌi˜‡ i˜˜`ˆVŽiÊ >~iÊÕv…B˜}iÀˆ˜} `i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ ÊÊÊ­£®
““ ““
ä‡{xc x]xʓ
Ê xÎää Ên £ÈäÊÝÊÊ ™äÊÝÊ©ÊÓÓ £äÓnΣ™ä

ÕÃ}iˆV…Ã}i…B˜}iÉiÌÌi˜‡ÕÃ}iˆV…Ã}i…B˜}i

œ“«i˜Ã>̈˜}Êψ˜}ʱʂÜÑÁÃÎÉÃÁßÚÉÆÐÏÅÃÆÒËÉ Ó™
{

˜ÃV…>}“ˆÌÌiÊ՘`Ê<ÕLi…ŸÀ
ˆv̈˜}Ê}i>ÀÊ>˜`Ê>VViÃÜÀˆiÃʱʑÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ

>ÃÊ
iˆÃÌ՘}ÃëiŽÌÀՓ
ØÀÊ>iʘÕÀÊiÀ`i˜ŽˆV…i˜Ê
˜ÃV…>}ۜÀ}B˜}iÊ`>ÃÊÈV…iÀiÊ ˆiÊ+Õ>ˆÌBÌ
՘`ÊÀˆV…̈}iʘÃV…>}“ˆÌÌi ˆiÊ ˆ˜}>˜}Ç]ÊiÀ̈}՘}ÇÊ՘`ÊÕÃ}>˜}̘ÌÀœi˜Ê
>iÀÊÛiÀÜi˜`iÌi˜Ê>ÌiÀˆ>ˆi˜Ê}>À>˜ÌˆiÀi˜Ê`ˆiÊ ˆ˜…>‡
Ì՘}Ê`iÀÊâÕ}iÈV…iÀÌi˜Ê ˆ}i˜ÃV…>vÌi˜Ê՘`Ê`>“ˆÌÊvØÀÊ
,>˜}iÊ `i˜Ê˜Üi˜`iÀÊ`ˆiÊ-ˆV…iÀ…iˆÌÊiˆ˜iÃÊ+Õ>ˆÌBÌëÀœ`ՎÌiðÊ
œvÊ>««ˆV>̈œ˜Ã iÊ*Àœ`ՎÌiÊÜiÀ`i˜Ê˜>V…Ê`i˜Ê˜iÕiÃÌi˜Ê6œÀÃV…ÀˆvÌi˜Ê
-iVÕÀiÊ>˜`Ê«Àœ«iÀʏˆv̈˜}Ê }iviÀ̈}Ì°Ê ÕÀV…Ê`ˆiʈÌ>ÀLiˆÌÊLiˆÊÀLiˆÌÎÀiˆÃi˜ÊâÕÀÊ
}i>ÀÊvœÀÊ>ÊVœ˜ViˆÛ>Liʏˆv̈˜}Ê iÕÀœ«BˆÃV…i˜Ê œÀ“ˆiÀ՘}ÊȘ`Ê܈Àʈ˜Ê`iÀÊ>}i]ÊÜvœÀÌÊ
ÀiµÕˆÀi“i˜Ìà ˜iÕiÃÌiÊ-ˆV…iÀ…iˆÌÃ>ëiŽÌiÊՓâÕÃiÌâi˜°

/…iʵÕ>ˆÌÞ
‚ÒÆËÌÁÒÒÜ /…iʈ˜Vœ“ˆ˜}]ʓ>˜Õv>VÌÕÀˆ˜}Ê>˜`ʜÕÌ}œˆ˜}ʓ>ÌiÀˆ>Ê
ÐÑÏÉÈÃÏÅÉÓÆÌÝÎÏÒÓÉ V…iVŽÃÊ}Õ>À>˜ÌiiÊVœ“«ˆ>˜ViÊ܈̅Ê>ÊëiVˆwi`ÊV…>‡
ƒË¿ÂÑÅÕÌÛÑËÈÌÛÕ À>VÌiÀˆÃ̈VÃ]Ê̅iÀiLÞÊ«ÀœÛˆ`ˆ˜}Ê̅iÊÕÃiÀÊ܈̅Ê>ÊÃ>viÊ>˜`Ê
ÑÒÐÎÏÎÂÎ×ÍÛÕÎÏÅÐÀÖÈÉ …ˆ}…‡µÕ>ˆÌÞÊ«Àœ`ÕV̰ʏÊ«Àœ`ÕVÌÃÊ>Àiʓ>˜Õv>VÌÕÀi`ʈ˜Ê
ÍÀÄÅÆÍÎÅÈÏÎÄÕÎÄ¿ÙÅÅ ˆ˜iÊ܈̅Ê̅iʏ>ÌiÃÌÊÃÌ>˜`>À`ðÊV̈ÛiÊVœ>LœÀ>̈œ˜Êˆ˜Ê
ÑÒÐÎÏÎÂÎ×ÍÎÅÑÐÅÄÑÒÂÎ ÕÀœ«i>˜ÊÃÌ>˜`>À`ˆÃ>̈œ˜ÊܜÀŽˆ˜}Ê}ÀœÕ«ÃÊ«iÀ“ˆÌÃÊÕÃÊ
̜ʈ“«i“i˜ÌÊ̅iʏ>ÌiÃÌÊÃ>viÌÞʓi>ÃÕÀið

ŠÁØÆÒÓÃÏ
ÕÎÄÍÎÉÊÎÍÒÐÎËÜ ÊÎÍÒÐÎËÜÈÇÃÎÒÎÂËÅÍÈ¿
ÈÂÛÕÎÄÍÎÉÊÎÍÒÐÎËÜÂÑÅÕÈÑÏÎËÜÇÓÅÌÛÕ
ÌÀÒÅÐÈÀËÎÂÃÀÐÀÍÒÈÐÓÞÒÒÐÅÁÓÅÌÛÅÑÂÎÉÑÒÂÀ
×ÒÎÄË¿ÏÎËÜÇÎÂÀÒÅË¿ÎÇÍÀ×ÀÅÒÃÀÐÀÍÒÈÞ
ÂÛÑÎÊÎÃÎÊÀ×ÅÑÒÂÀÏÐÎÄÓÊÒÀÑÅÏÐÎÄÓÊÒÛ
ÏÐÎÈÇÂÎÄ¿ÒÑ¿ÂÑÎÎÒÂÅÒÑÒÂÈÈÑÍÎÂÅÉØÈÌÈ
ÒÐÅÁÎÂÀÍÈ¿ÌÈ€ËÀÃÎÄÀпÑÎÒÐÓÄÍÈ×ÅÑÒÂÓÑ
ÐÀÁÎ×ÈÌÈÊÎÌÈÒÅÒÀÌÈÏÎÐÀÇÐÀÁÎÒÊÅÅÂÐÎÏÅÉÑÊÈÕ
ˆiÊ*Àœ`ՎÌi ÑÒÀÍÄÀÐÒÎÂÌÛÈÌÅÅÌÂÎÇÌÎÆÍÎÑÒÜÍÅÌÅÄËÅÍÍÎ
ÐÅÀËÈÇÎÂÛÂÀÒÜÍÎÂÅÉØÈÅÀÑÏÅÊÒÛÁÅÇÎÏÀÑÍÎÑÒÈ

/…iÊ«Àœ`ÕVÌÃ

ÑÏÅÔËÓÜ

*œÞÌiÝÊÌiÝ̈iʘÃV…>}‡ *œÞÌiÝÊÌiÝ̈iʏˆv̈˜}Ê}i>ÀÊ ŒÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆ


“ˆÌÌiÊ՘`Ê-V…ÕÌâÃÞÃÌi“i >˜`Ê«ÀœÌiV̈œ˜ÊÃÞÃÌi“à ÒÑÆÅÒÓÃÁÉÈÐÏÌÉÓÆËÒÁÉ
ˆiÊ>ÀŽiʹ*œÞÌiݺÊÃiÌâÌÊÈV…Ê`ÕÀV…°Ê iÀÊ /…iÊÃÕVViÃÃvՏÊʹ*œÞÌiݺÊLÀ>˜`ʅ>ÃÊ ÈÁÚÉÓÎÜÆÒÉÒÓÆÍÜ
Àvœ}Ê}ˆLÌÊ՘ÃÊÀiV…Ì]Ê`i“Ê>ÀŽÌÊ+Õ>ˆÌBÌÇ ÕÃ̈wi`ʜÕÀÊ`iVˆÃˆœ˜Ê̜ʓ>ÀŽiÌʅˆ}…‡µÕ>ˆÌÞÊ ‹ÀÐÊÀr0OLYTEXsÏÎËÜÇÓÅÒÑ¿ÓÑÏÅÕÎÌ
«Àœ`ՎÌiÊ>˜âÕLˆiÌi˜°Ê >ÃÊ"Àˆ}ˆ˜>ÊiÀŽi˜‡ «Àœ`ÕVÌðÊ"Àˆ}ˆ˜>ÊˆÌi“ÃÊ>ÀiÊÀiVœ}˜ˆÃ>LiÊ ’ÑÏÅÕÄÀÅÒÍÀÌÏÐÀÂÎÏÐÅÄËÀÃÀÒÜ
˜i˜Ê-ˆiÊ>“ʹ*œÞÌiݺÊ>ÕvÊ`i˜Ê-ˆV…iÀ…iˆÌÇ ̅ÀœÕ}…Ê̅iʹ*œÞÌiݺʘ>“iʜ˜Ê̅iÊÃ>viÌÞÊ ÏÐÎÄÓÊÒÛÂÛÑÎÊÎÃÎÊÀ×ÅÑÒÂÀ
ïŽiÌÌi˜Ê`iÀÊ,՘`ÃV…ˆ˜}i˜ÉiLiLB˜`iÀ°Ê >LiÃʜ˜Ê̅iÊÀœÕ˜`Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Ê ÐÈÃÈÍÀËÜÍÛÅÈÇÄÅËÈ¿ÌÎÆÍÎ
*œÞÌi݇ >˜`ÃV…ÕÌâÃÞÃÌi“iÊÃV…ØÌâi˜Ê`ˆiÊ Ãˆ˜}ðÊ*œÞÌiÝÊψ˜}Ê«ÀœÌiV̈œ˜ÊÃÞÃÌi“ÃÊ ÓÇÍÀÒÜÏÎÍÀÄÏÈÑÈr0OLYTEXsÍÀ
ÌiÝ̈i˜Ê˜ÃV…>}“ˆÌÌiÊLiˆÊÃV…>ÀvŽ>˜Ìˆ}i˜Ê «ÀœÌiVÌÊÌiÝ̈iʏˆv̈˜}Ê}i>ÀÊ>}>ˆ˜ÃÌÊÅ>À«‡ ÇÀÙÈÒÍÛÕÝÒÈÊÅÒÊÀÕÊÐÓÃËÛÕÏÅÒÅËÜ
>ÃÌi˜° i`}i`ʏœ>`ð ÃÐÓÇÎÏÎÄÚÅÌÍÛÕÌÀÒÅÐ×ÀÒÛÕËÅÍÒ
†ÀÙÈÒÍÛÅÑÈÑÒÅÌÛÏÐÅÄÎÕÐÀÍ¿ÞÒ
ÌÀÒÅÐ×ÀÒÛÅÑÒÐÎÏÎÂÎ×ÍÛÅÑÐÅÄÑÒÂÀ
ÏÐÈÏÅÐÅÌÅÙÅÍÈÈÃÐÓÇÎÂÑÎÑÒÐÛÌÈ
ÊÐÎÌÊÀÌÈ

/iÝ̈iʘÃV…>}“ˆÌÌiÊ“ˆÌÊ`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
Îä /iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}ʱʌÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ
{

˜ÃV…>}Ãiˆi
ÕvÊiÀ̈}՘}Ã>˜>}i˜Êۜ˜Ê…ŸV…ÃÌi“Ê
ÌiV…˜ˆÃV…i˜Ê-Ì>˜`>À`Ê«Àœ`ÕâˆiÀi˜Ê܈Àʘ‡
ÃV…>}ÃiˆiʓˆÌÊ>i˜Ê“Ÿ}ˆV…i˜Ê ˜`LiviÇ
̈}՘}i˜ÊLˆÃʅˆ˜ÊâÕÊÃV…ÜiÀÃÌi˜Ê>ÃÌÃV…ˆ˜‡
}i˜Ê“ˆÌÊ£Èäʓ“Ê-iˆ`ÕÀV…“iÃÃiÀ°

ˆv̈˜}ÊV>LiÃ
>˜Õv>VÌÕÀˆ˜}ʏˆ˜iÃʓiï˜}Ê̅iʅˆ}…iÃÌÊ
ÌiV…˜ˆV>ÊëiVˆwV>̈œ˜ÃÊ>ÀiÊÕÃi`Ê̜ʫÀœ‡
`ÕViʏˆv̈˜}ÊV>LiÃÊ܈̅ʘՓiÀœÕÃÊÌÞ«iÃʜvÊ
i˜`ÊwÌ̈˜}ÃÊÕ«Ê̜ʅi>Ûއœ>`Êψ˜}ÃʜvÊ£ÈäÊ
““ÊV>LiÊ`ˆ>“iÌiÀ°

—ÁÌÏØÎÜÆÓÑÏÒÜ
ŒÀÒÅÕÍÎËÎÃÈ×ÅÑÊÎÌÎÁÎÐÓÄÎÂÀÍÈÈ
ÑÎÎÒÂÅÒÑÒÂÓÞÙÈÌÂÛÑÎ×ÀÉØÅÌÓ
ÒÅÕÍÈ×ÅÑÊÎÌÓÑÒÀÍÄÀÐÒÓ ÌÛ
ÏÐÎÈÇÂÎÄÈÌ×ÀËÎ×ÍÛÅÒÐÎÑÛÑÎÂÑÅÌÈ
ÂÎÇÌÎÆÍÛÌÈÊÎÍÖÅÂÛÌÈÊÐÅÏËÅÍÈ¿ÌÈ
ÂÏËÎÒÜÄÎÑÀÌÛÕÒ¿ÆÅËÛÕÃÐÓÇÎÂÛÕ
ÏÅÒÅËÜÑÄÈÀÌÅÒÐÎÌÊÀÍÀÒÀÌÌ

˜ÃV…>}ŽiÌÌi˜Ê՘`Ê<ÕLi…ŸÀ
>ÃʵÕ>ˆÌ>̈ÛʅœV…ÜiÀ̈}iʘÃV…>}ŽiÌÌi˜‡
«Àœ}À>““Êiˆ˜iÃÊv؅Ài˜`i˜ÊiÕÀœ«BˆÃV…i˜Ê
iÌÌi˜…iÀÃÌiiÀð
/‡˜ÃV…>}ŽiÌÌi˜Ê“ˆÌÊV>°ÊÎnÊiÌÌi˜‡
>ÕÌiˆi˜]ʈ˜ÊV>°ÊÓääÊ6>Àˆ>˜Ìi˜]Ê>L}iÀ՘`iÌÊ
`ÕÀV…ÊȘ˜ÛœiÃÊ<ÕLi…ŸÀÊ܈iʘÃV…>}‡
«Õ˜ŽÌi]ÊÜ`À>vB˜}iÀÊiÌV°


…>ˆ˜Êψ˜}ÃÊ>˜`Ê>VViÃÜÀˆiÃ

…>ˆ˜Êψ˜}ÃʜvÊÃÕ«iÀ>̈ÛiʵÕ>ˆÌÞÊvÀœ“Ê>Ê
i>`ˆ˜}Ê ÕÀœ«i>˜ÊV…>ˆ˜Ê“>˜Õv>VÌÕÀiÀ°Ê
/ÊV…>ˆ˜Êψ˜}ÃÊ܈̅ÊV>°ÊÎnÊV…>ˆ˜ÊVœ“«œ‡
˜i˜ÌÃ]ʈ˜ÊV>°ÊÓääÊÛ>Àˆ>˜ÌÃ]ÊVœ“«i“i˜Ìi`Ê
LÞÊÕÃivՏÊ>VViÃÜÀˆiÃÊÃÕV…Ê>Ãʏˆv̈˜}Ê«œˆ˜ÌÃ]Ê
ˆÃœ>Ìi`ÊÀœÌ>̈˜}ÊVœÕ«ˆ˜}ÃÊiÌV°

—ÁÌÏØÎÜÆ×ÆÐÉÉ
ÐÑÉÎÁÅÌÆÇÎÏÒÓÉ
ŽÐÎÃÐÀÌÌÀÂÛÑÎÊÎÊÀ×ÅÑÒÂÅÍÍÛÕ
×ÀËÎ×ÍÛÕÖÅÏÅÉÎÄÍÎÃÎÈÇÂÅÄÓÙÈÕ
ÅÂÐÎÏÅÉÑÊÈÕÏÐÎÈÇÂÎÄÈÒÅËÅÉÖÅÏÅÉ
–ÀËÎ×ÍÛÅÖÅÏÈ()4ÑÎÑÒοÒ
ÏÐÈÁËÈÇÈÒÅËÜÍÎÈÇÊÎÍÑÒÐÓÊÒÈÂÍÛÕ
ÝËÅÌÅÍÒÎÂÎÍÈÂÛÏÓÑÊÀÞÒÑ¿
ÏÐÈÁËÈÇÈÒÅËÜÍÎÂÂÀÐÈÀÍÒÀÕÑ
ÊÎÌÏËÅÊÒÎÌÏÐÈÍÀÄËÅÆÍÎÑÒÅÉ ÒÀÊÈÕ
ÊÀÊÝËÅÌÅÍÒÛÇÀÊÐÅÏËÅÍÈ¿ÑÒÐÎÏ
ÓÑÒÐÎÉÑÒÂÀÇÀÙÈÒÛÎÒÑÊÐÓ×ÈÂÀÍÈ¿È
ÒÏ

/iÝ̈iʘÃV…>}“ˆÌÌiÊ“ˆÌÊ`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
/iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}ʱʌÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ Î£
{

*"9/ 8‡,՘`ÃV…ˆ˜}i˜Êˆ‡/iÝÊvØÀʅŸV…ÃÌiÊ i>˜Ã«ÀÕV…Õ˜}


*"9/ 8ÊÀœÕ˜`Êψ˜}Ãʈ‡/iÝÊvœÀÊ̅iÊ̜Õ}…iÃÌÊ>««ˆV>̈œ˜ÃʱʊÑÔÄÌÜÆÐÆÓÌÉ(I 4EXÉÈÐÏÌÉÓÆËÒÁÅÌÀÍÁËÒÉÍÁÌÝÎÜÖÎÁÄÑÔÈÏË

UÊ Ê>݈“>iÊ-Ì>˜`âiˆÌi˜Ê`ÕÀV…ÊiÝÌÀi“ÊÛiÀÃV…iˆ~viÃÌiÃ]ÊÛiÀ`ˆV…‡
ÌiÌiÃÊ-V…ÕÌâ“>˜Ìi}iÜiLiʓˆÌÊâÕÃBÌ⏈V…iÀÊ*1‡“«ÀB}˜ˆiÀ՘}
UÊ ÊˆÌÊiˆ˜}iÜiLÌi“Ê6iÀÃV…iˆ~ˆ˜`ˆŽ>̜ÀÊ՘`Ê/œ˜˜i˜ÃÌÀiˆvi˜
UÊ ÊÕÃ}iâiˆV…˜iÌiÊB˜}ÃÃÌ>LˆˆÌBÌ
UÊ Ê-V…>ÕV…vBÀL՘}ʈ˜Ê-ˆ}˜>v>ÀLi˜
UÊ ÊiviÀ̈}Ìʘ>V…Ê  Ê Ê£{™Ó‡Ó]Ê/46‡}i«ÀØvÌÊ­-‡<iˆV…i˜®

UÊ >݈“ˆÃi`ÊÃÌ>˜`ˆ˜}Ê̈“iÃÊ`ÕiÊ̜ÊÜi>À‡ÀiÈÃÌ>˜Ì]ÊÃi>i`Ê«ÀœÌiV‡
̈ÛiʜÕÌiÀÊv>LÀˆVÊ܈̅Ê>``ˆÌˆœ˜>Ê*1‡ˆ“«Ài}˜>̈œ˜
UÊ ˜VœÀ«œÀ>Ìi`ÊܜÛi˜‡ˆ˜ÊÜi>Àʈ˜`ˆV>̜ÀÊ>˜`Ê̜˜˜iÊÃÌÀˆ«iʓ>ÀŽˆ˜}Ã
UÊ ÝVii˜Ìʏœ˜}‡ÌiÀ“ÊÃÌ>LˆˆÌÞ

œœÕÀ‡Vœ`i`ʅœÃiÃ
UÊ >˜Õv>VÌÕÀi`ʈ˜Ê>VV°Ê܈̅ÊÊ  Ê Ê£{™Ó‡Ó]Ê/46‡ÌiÃÌi`Ê­-‡“>ÀŽ®

c ‹ÀÊÑÈÌÀËÜÍÛÉÑÐÎÊÑËÓÆÁÛÁËÀÃÎÄÀпÇÀÙÈÒÍÎÉÎÁÎËÎ×ÊÅ
ÈÇÈÑÊËÞ×ÈÒÅËÜÍÎÈÇÍÎÑÎÑÒÎÉÊÎÉÏËÎÒÍÎÉÒÊÀÍÈÑ
ÄÎÏÎËÍÈÒÅËÜÍÎÉÏÎËÈÓÐÅÒÀÍÎÂÎÉÏÐÎÏÈÒÊÎÉ
c ÂÏËÅÒÅÍÍÛÌÈÍÄÈÊÀÒÎÐÎÌÈÇÍÎÑÀÈÑÁÎ×ÊÎÎÁÐÀÇÍÛÌÈ
ËÅÍÒÀÌÈ
c ÒËÈ×ÍÀ¿ÏÐÎÄÎËÜÍÀ¿ÓÑÒÎÉ×ÈÂÎÑÒÜ
c žÐÊÀ¿ÎÊÐÀÑÊÀØËÀÍÃÎÂ
c ‡ÇÃÎÒÎÂËÅÍÛÏÎ$).%.  ÈÑÏÛÒÀÍÛÏÎ/46ÇÍÀÊ'3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

LˆÃÊ{xc
Õ«Ê̜Ê{xc {xcÊ `
ÄÎ`


iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ Õy>}iyBV…iÊ՘ÌiÀÊ>ÃÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ
œ˜Ì>VÌÊ>Ài>Ê՘`iÀʏœ>` ÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊ`i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱÊÊÊÊÊÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÏÎÐÍÀ¿ÏÎÂÅÐÕÍÎÑÒÜÏÎÄÃÐÓÇÎÌ
Ž} ““ Óʓ Îʓ {ʓ xʓ
Ê £äää Ê nää Ê Óäää Ê £{ää Ê £äää Ê {ä £äÓnäx£™ £äÓnäxÓä £äÓnäxÓ£ £äÓnäxÓÓ
Ê Óäää £Èää Ê {äää Ê Ónää Ê Óäää Ê {x £äÓnäxÓ{ £äÓnäxÓx £äÓnäxÓÈ £äÓnäxÓÇ
Ê Îäää Ó{ää Ê Èäää Ê {Óää Ê Îäää Ê Èä £äÓnäxә nÓäÓÓ££äx £äÓnäxÎä £äÓnäxΣ
Ê {äää ÎÓää Ê näää Ê xÈää Ê {äää Ê Èx £äÓnäxÎÓ £äÓnäxÎÎ £äÓnäxÎ{ £äÓnäxÎx
Ê xäää {äää £ääää Ê Çäää Ê xäää Ê Çä £äÓnäxÎÇ £äÓnäxÎn £äÓnäxΙ £äÓnäx{ä
Ê Èäää {nää £Óäää Ê n{ää Ê Èäää Ê Çx £äÓnäx{Ó £äÓnäx{Î £äÓnäx{{ £äÓnäx{x
Ê näää È{ää £Èäää ££Óää Ê näää Ê ™x £äÓnäx{Ç £äÓnäx{n £äÓnäx{™ £äÓnäxxä
£ääää näää Óääää £{äää £ääää ££È £äÓnäxxÓ £äÓnäxxÎ £äÓnäxx{ £äÓnäxxx
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

/iÝ̈iʘÃV…>}“ˆÌÌiÊ“ˆÌÊ`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
ÎÓ /iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}ʱʌÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ
{

*"9/ 8Á‡/iÝ̈iʘÃV…>}“ˆÌÌi
*"9/ 8e‡/iÝ̈iʏˆv̈˜}Ê}i>ÀʱÊ0/,94%8e ŒÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁ

£äääʎ} i˜˜v>ÀLi˜ÊÃV…ˆi~i˜Ê6iÀÜiV…Ï՘}i˜Ê>ÕÃ\ UÊ iviÀ̈}Ìʘ>V…Ê  Ê Ê£{™Ó‡£Ê՘`ÊÓ UÊ 7ˆ`iÞÊÀiÈÃÌ>˜ÌÊ>}>ˆ˜ÃÌʓˆ˜iÀ>Ê>Vˆ`ÃÊ>˜`Ê16ÊÀ>`ˆ>̈œ˜


>ÃÊ*"9/ 8‡*Àœ}À>““Êi˜ÌëÀˆV…Ìʈ˜ÊÃiˆ˜i˜Ê UÊ ÕÃʅœV…viÃÌi“]Ê܈`iÀÃÌ>˜`ÃvB…ˆ}i˜Ê*œÞiÃÌiÀ“>ÌiÀˆ>Ê UÊ œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊۈÈLÞÊ«Àˆ˜Ìi`
i˜˜v>ÀLi˜Ê`i“ʈ˜ÌiÀ˜>̈œ˜>Ê}؏̈}i˜Ê>ÀLVœ`i° ­* -®]ÊiÀŽi˜˜L>ÀÊ>“ÊL>Õi˜Ê-ˆV…iÀ…iˆÌÃïŽiÌÌ UÊ
œœÕÀÊVœ`iÊvœÀÊi>V…ʏœ>`ÊV>Ìi}œÀÞ
i`iÊ/À>}vB…ˆ}ŽiˆÌÊLˆÃÊ£ääääʎ}ʅ>Ìʈ…ÀiÊiˆ}i˜iÊ UÊ -Õ«iÀiˆV…Ì]Ê`>`ÕÀV…Êiˆ˜v>V…iÃÊ>˜`ˆ˜} UÊ ÝVii˜Ìʈ˜ÃՏ>̈œ˜Ê«Àœ«iÀ̈iÃÊ`ÕiÊ̜ʘœ˜‡Vœ˜`ÕV̈˜}Ê
i˜˜v>ÀLiÊ՘`ʈÃÌÊÜÊ>Õvʘ…ˆiLÊÀˆV…̈}Êiˆ˜âՇ UÊ 7iˆV…Ê՘`Êyi݈Li «œÞiÃÌiÀʓ>ÌiÀˆ>
Óäääʎ} œÀ`˜i˜° UÊ "LiÀyBV…i˜ÃV…œ˜i˜`ÊâÕÀÊ>ÃÌ
UÊ œ…iÊiLi˜Ã`>ÕiÀ
UÊ ˆÌâiLiÃÌB˜`ˆ}ÊLˆÃʳʣääÊc

Ê vÀœÃÌLiÃÌB˜`ˆ}ÊLˆÃÊqÊ {äÊc
c ‡ÇÃÎÒÎÂËÅÍÛÏÎ$).%. È

œœÕÀÊVœ`ˆ˜}Ê>ۜˆ`ÃÊ>˜ÞÊ>VVˆ`i˜Ì>Ê“ˆÝ‡Õ«\ c ‡ÇÂÛÑÎÊÎÏÐÎ×ÍÎÃÎÈÇÍÎÑÎÑÒÎÉÊÎÃÎ
Îäääʎ} UÊ iˆ˜ÊiÃ̈}ŽiˆÌÃÛiÀÕÃÌÊLiˆÊviÕV…Ìi˜Ê B˜`iÀ˜
ÏÎËÈÝÔÈÐÍÎÃÎÌÀÒÅÐÈÀËÀ0%3 ÓÇÍÀÂÀÅÌÎÃÎÏÎ
/…iÊ*"9/ 8Ê«Àœ}À>““iʈ`i˜ÌˆwV>̈œ˜ÊVœœÕÀÃÊ UÊ 7iˆÌ}i…i˜`ÊÀiÈÃÌi˜ÌÊ}i}i˜Êˆ˜iÀ>ÃBÕÀi˜Ê՘`Ê16‡
VœÀÀi뜘`Ê̜Ê̅iÊÛ>ˆ`ʈ˜ÌiÀ˜>̈œ˜>ÊVœœÕÀÊ -ÌÀ>…Õ˜} ÑÈÍÅÉÝÒÈÊÅÒÊÅÁÅÇÎÏÀÑÍÎÑÒÈ
Vœ`ið UÊ /À>}vB…ˆ}ŽiˆÌÊ`iÕ̏ˆV…ÊÈV…ÌL>ÀÊ>Õv}i`ÀÕVŽÌ c ÂÅÐÕËÅÃÊÈÉ ÂÑËÅÄÑÒÂÈÅÝÒÎÃÎÏÐÎÑÒÎÉÓÕÎÄ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌˆiÃÊÕ«Ê̜ʣä]äääʎ}Êi>V…Ê UÊ i˜˜v>ÀLiÊvØÀʍi`iÊ/À>}vB…ˆ}ŽiˆÌÃÃÌÕvi c ‹¿ÃÊÈÉÈÃÈÁÊÈÉ
{äääʎ} …>ÛiÊ̅iˆÀʜܘÊVœœÕÀÊVœ`iÊ>˜`Ê>Àiʈ““i`ˆ>ÌiÞÊ UÊ iÀۜÀÀ>}i˜`iÀÊ܏ˆiÀivviŽÌÊ`ÕÀV…ʘˆV…̏iˆÌi˜`iÃÊ c ˜ÀÄÈÒÏÎÂÅÐÕÍÎÑÒÜÃÐÓÇÀ
ÀiVœ}˜ˆÃ>Li° *œÞiÃÌiÀ“>ÌiÀˆ> c €ÎËÜØÎÉÑÐÎÊÑËÓÆÁÛ
c …ÀÐÎÑÒÎÉÊÈÉÄÎ `# ÌÎÐÎÇÎÓÑÒÎÉ×ÈÂÛÉÄÎ
UÊ >˜Õv>VÌÕÀi`Ê>VV°ÊÌœÊ  Ê Ê£{™Ó‡£Ê>˜`ÊÓ u`
xäääʎ} •ÂÅÒÎÂÀ¿ÌÀÐÊÈÐÎÂÊÀÈÑÊËÞ×ÀÅÒ UÊ >`iÊvÀœ“ÊÃÌÀœ˜}]ÊÀiÈÃÌ>˜ÌÊ«œÞiÃÌiÀʓ>ÌiÀˆ>Ê­* -®]Ê c ŒÅÒÏÎÒÅÐÈÏÐÎ×ÍÎÑÒÈÏÐÈÂËÀÆÍÛÕËÅÍÒÀÕ
ÏÓÒÀÍÈÖÓ ÀiVœ}˜ˆÃ>LiÊLÞÊ̅iÊLÕiÊÃ>viÌÞʏ>Li c ÛÑÎÊÀ¿ÑÒÎÉÊÎÑÒÜÊÌÈÍÅÐÀËÜÍÛÌÊÈÑËÎÒÀÌȒÔ
•ÂÅÒÎÂÀ¿ÌÀÐÊÈÐÎÂÊÀÏÐÎÃÐÀÌÌÛ UÊ ÝÌÀi“iÞʏˆ}…Ì]ʓ>Žˆ˜}ʈÌÊi>ÃÞÊ̜ʅ>˜`i ÈÇËÓ×ÅÍÈÞ
0/,94%8ÑÎÎÒÂÅÒÑÒÂÓÅÒÄÅÉÑÒÂÓÞÙÅÌÓ UÊ -œvÌÊ>˜`Êyi݈Li c ‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ×ÅÒÊÎÍÀÏÅ×ÀÒÀÍÀ
ÌÅÆÄÓÍÀÐÎÄÍÎÌÓÖÂÅÒÎÂÎÌÓÊÎÄÓ UÊ ˆ˜`Ê̜ʏœ>`ÊÃÕÀv>Vià c •ÂÅÒÎÂÀ¿ÌÀÐÊÈÐÎÂÊÀÊÀÆÄÎÃÎÊËÀÑÑÀ
Èäääʎ} ‰ÀÆÄÀ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÄÎÊà UÊ œ˜}ʏˆvi ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈ
ÈÌÅÅÒÑÂÎÉÑÎÁÑÒÂÅÍÍÛÉÌÀÐÊÈÐÎÂÎ×ÍÛÉ UÊ i>ÌÊÀiÈÃÌ>˜ÌÊ̜ʳʣääÊc
]ÊvÀœÃÌÊÀiÈÃÌ>˜ÌÊ̜ÊqÊ{äÊc
c ‡ÑÊËÞ×ÈÒÅËÜÍÛÉÈÇÎËÈÐÓÞÙÈÉÝÔÔÅÊÒÁËÀÃÎÄÀп
ÖÂÅÒ ×ÒÎÏÎÇÂÎË¿ÅÒÅÅÑÐÀÇÓÏÐÀÂÈËÜÍÎ UÊ œÊÀi`ÕV̈œ˜Êˆ˜Ê“iV…>˜ˆV>ÊÃÌÀi˜}̅Ê܅i˜Êψ˜}ÃÊ>ÀiÊ ÍÅÏÐÎÂÎÄ¿ÙÅÌÓÏÎËÈÝÔÈÐÍÎÌÓÌÀÒÅÐÈÀËÓ
ÊËÀÑÑÈÔÈÖÈÐÎÂÀÒÜ ÜiÌ
näääʎ}

>LÊ£ääääʎ}
o Ê`ˆiÊ«>ÃÃi˜`i˜Ê-V…ÕÌâÃÞÃÌi“iÊvØÀÊ*"9/ 8‡,՘`ÃV…ˆ˜}i˜\
°°°Ê̅iÊÃՈÌ>LiÊ«ÀœÌiV̈œ˜ÊÃÞÃÌi“ÃÊvœÀÊ*"9/ 8‡ÀœÕ˜`Êψ˜}Ã
tÒÏÏÓÃÆÓÒÓÃÔßÚÉÆÈÁÚÉÓÎÜÆÒÉÒÓÆÍÜÅÌÀËÑÔÄÌÜÖÐÆÓÆÌÝ0/,94%8

*"9/ 8‡LÀˆiLÃV…ÕÌâÃV…>ÕV… *"9/ 8‡LÀˆiLÃV…ÕÌâÃV…>ÕV… *"9/ 8‡iݜVˆ«Ê-


ØLiÀÊ£Ê-ÌÀ>˜} ØLiÀÊLiˆ`iÊ-ÌÀB˜}i ØLiÀÊLiˆ`iÊ-ÌÀB˜}i

*"9/ 8Ê>LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜ÊÏiiÛiÊ *"9/ 8Ê>LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜ÊÏiiÛiÊ *"9/ 8‡iݜVˆ«Ê-


vœÀʣʏi} vœÀÊLœÌ…ʏi}à vœÀÊLœÌ…ʏi}Ã

—ËÀÍà ÇÀÙÈÙÀÞÙÈÉÎÒÈÇÍÎÑÀ —ËÀÍà ÇÀÙÈÙÀÞÙÈÉÎÒÈÇÍÎÑÀ 0/,94%8&LEXOCLIP3


0/,94%8ÍÀÐÓ×ÅÉ 0/,94%8ÍÀÎÁÀÐÓ×Ü¿ ÍÀÎÁÀÐÓ×Ü¿

`i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ


ÊÊÊÊʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ

Èʓ Óäʓ Îäʓ £Ê“ Óʓ Îʓ £Ê“ Óʓ Îʓ £Ê“ Óʓ
£äÓnäxÓÎ £äÓnäx™ä £äÓnäx™£ £äÓnäx™Ó £äÓnäxÈÈ £äÓnäxÈÇ £äÓnäxÈn £äÓnäxxÇ £äÓnäxxn
£äÓnäxÓn ÇÇÎ{{ÇÎän £äÓnäx™Î £äÓnäx™{ £äÓnäx™x £äÓnäxș £äÓnäxÇä £äÓnäxÇ£ £äÓnäxx™ Çä{ÓxÓÓän
nÓäÓÓ£Óäx £äÓnäx™È £äÓnäx™Ç £äÓnäx™n £äÓnäxÇÓ £äÓnäxÇÎ £äÓnäxÇ{ £äÓnäxÈä £äÓnäxÈ£
£äÓnäxÎÈ £äÓnäx™™ £äÓnäÈää £äÓnäÈä£ £äÓnäxÇx £äÓnäxÇÈ £äÓnäxÇÇ £äÓnäxÈÓ £äÓnäxÈÎ
£äÓnäx{£ £äÓnäÈäÓ £äÓnäÈäÎ £äÓnäÈä{ £äÓnäxÇn £äÓnäxnä £äÓnäxnÓ £äÓnäxÈ{ £äÓnäxÈx
£äÓnäx{È £äÓnäÈäx £äÓnäÈäÈ £äÓnäÈäÇ £äÓnäxn{ £äÓnäxnx £äÓnäxnÈ
£äÓnäxx£ £äÓnäÈän £äÓnäÈä™ £äÓnäÈ£ä £äÓnäxnÇ £äÓnäxnn £äÓnäxn™
£äÓnäxxÈ ÇÇÎ{{Ç{än £äÓnäÈ££ £äÓnäÈ£Ó £äÓnäÈ£Î

7iˆÌiÀiÀÊ-V…ÕÌâÊvØÀÊ,՘`ÃV…ˆ˜}i˜ÊۜÀÊ VŽi˜Ê՘`Ê>˜Ìi˜\
``ˆÌˆœ˜>Ê«ÀœÌiV̈œ˜ÊvœÀÊÀœÕ˜`Êψ˜}ÃÊ>}>ˆ˜ÃÌÊVœÀ˜iÀÃÊ>˜`Êi`}iÃ\
„ÏÐÏÌÎÉÓÆÌÝÎÜÆÒÑÆÅÒÓÃÁÈÁÚÉÓÜËÑÔÄÌÜÖÐÆÓÆÌÝÏÓÏÒÓÑÜÖÔÄÌÏÃÉËÑÏÍÏË

ÕÃv؅À՘} `i˜Ì˜Õ““iÀ vØÀÊ,՘`ÃV…ˆ˜}i˜ `i˜Ì˜Õ““iÀ


œ`iÃ )DENTNUMBER vœÀÊÀœÕ˜`Êψ˜}à )DENTNUMBER
ÊÎÍÑÒÐÓÊÖÈ¿ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ ÄË¿ÊÐÓÃËÛÕÏÅÒÅËÜ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
i`iÀʓˆÌʏiÌÌÛiÀÃV…Õ~ ­£³ÓÊÌ®ÊÊÊ£äÓnäÈ£È LˆÃÉÕ«Ê̜ÉÄÎÊÊ£ÊÌ £äÓnäÈÓä
*"9/ 8‡-V…ÕÌâ“>˜ÃV…iÌÌi i>̅iÀÊ܈̅ÊÛiVÀœÊv>ÃÌi˜iÀ *1‡>˜Ìi˜ÃV…œ˜iÀʓˆÌÊ>}˜iÌ
vØÀÊ,՘`ÃV…ˆ˜}i˜ ÊÎÆÀÑÇÀÑÒÅÆÊÎÉ rËÈÏÓ×ÊÎÉs ­Î³{ÊÌ®ÊÊÊ£äÓnä飂 vØÀÊ,՘`ÃV…ˆ˜}i˜ LˆÃÉÕ«Ê̜ÉÄÎÊÊ{ÊÌ £äÓnäÈÓä
*"9/ 8Ê«ÀœÌiV̈ÛiÊVÕvv *1Êi`}iÊ«ÀœÌiV̈œ˜Ê܈̅ʓ>}˜iÌ LˆÃÉÕ«Ê̜ÉÄÎÊÊÈÊÌ £äÓnäÈÓÓ
vœÀÊÀœÕ˜`Êψ˜}à LÀˆiLÃV…ÕÌâÃV…>ÕV… vœÀÊÀœÕ˜`Êψ˜}Ã
†ÀÙÈÒÍÀ¿ÌÀÍÆÅÒÀ0/,94%8 “ˆÌʏiÌÌÛiÀÃV…Õ~ ­£³ÓÊÌ®ÊÊÊ£äÓnäÈ£n ŽÎËÈÓÐÅÒÀÍÎÂÀ¿ LˆÃÉÕ«Ê̜ÉÄÎÊÊnÊÌ £äÓnäÈÓÎ
LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜Ê
ÄË¿ÊÐÓÃËÛÕÏÅÒÅËÜ ÃiiÛiÊ܈̅ÊÛiVÀœÊv>ÃÌi˜iÀ ÏÐÅÄÎÕÐÀÍÈÒÅËÜÍÀ¿ÏÐÎÊËÀÄÊÀ
ÏÎÄÎÑÒÐÛÅÊÐÎÌÊÈÑÌÀÃÍÈÒÎÌ
LˆÃÉÕ«Ê̜ÉÄÎÊÊ£äÊÌ £äÓnäÈÓ{
—ËÀÍà ÇÀÙÈÙÀÞÙÈÕÎÒÈÇÍÎÑÀ ­Î³{ÊÌ®ÊÊÊ£äÓnäÈ£™
­ÊÉÄËÈÍÀrÊÎä䓓® ÑÇÀÑÒÅÆÊÎÉ sËÈÏÓ×ÊÎÉw ­ÊÉÄËÈÍÀÊrÊÎä䓓®


ÄË¿ÊÐÓÃËÛÕÏÅÒÅËÜ

/iÝ̈iʘÃV…>}“ˆÌÌiÊ“ˆÌÊ`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
/iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}ʱʌÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ ÎÎ
{

*"9/ 8‡,՘`ÃV…ˆ˜}i˜Ê ʓˆÌÊ`œ««iÌiÀÊ-V…ÕÌâ…؏iÊ  Ê Ê£{™Ó‡Ó

*"9/ 8ÊÀœÕ˜`Êψ˜}ÃÊ Ê܈̅Ê`œÕLiÊ«ÀœÌiV̈ÛiÊÅi>̅ʱʊÑÔÄÌÜÆÐÆÓÌÉ0/,94%8$(ÒÅÃÏÊÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ

UÊ -V…iÕiÀviÃÌiÊ`œ««iÌiÊ +ÕiÀÃV…˜ˆÌÌ\
-V…ÕÌâ…؏i]Ê«œÞÕÀi̅>˜‡ UÊ /À>}i˜`iÀÊ*œÞiÃÌiÀÃÌÀ>˜}
ˆ“«ÀB}˜ˆiÀÌ UÊ ˜˜iÀiÊ-V…ÕÌâ…؏i
UÊ Ê/46‡}i«ÀØvÌÊ­-‡<iˆV…i˜® UÊ Õ~iÀiÊ-V…ÕÌâ…؏iʓˆÌÊÕv`ÀÕVŽÊ`iÀÊ/À>}vB‡
UÊ ÊˆÌÊiˆ˜}iÜiLÌi“Ê/œ˜˜i˜‡ …ˆ}ŽiˆÌÊ՘`Êiˆ˜}iÜiLÌi“Ê/œ˜˜i˜ÃÌÀiˆvi˜
ÃÌÀiˆvi˜

UÊ LÀ>Ȝ˜‡ÀiÈÃÌ>˜ÌÊ`œÕLiÊ
ÀœÃÇÃiV̈œ˜\
«ÀœÌiV̈ÛiÊÅi>̅]Ê«œÞÕÀi‡ UÊ œ>`ÊLi>Àˆ˜}Ê«œÞiÃÌiÀʏi}
̅>˜i‡ˆ“«Ài}˜>Ìi` UÊ ˜˜iÀÊ«ÀœÌiV̈ÛiÊÅi>̅
UÊ /46‡ÌiÃÌi`Ê­-‡“>ÀŽ® UÊ "ÕÌiÀÊ«ÀœÌiV̈ÛiÊÅi>̅Ê܈̅ʓ>ÀŽˆ˜}ÃÊÃÌ>̈˜}Ê
UÊ 7ˆÌ…ÊܜÛi˜‡ˆ˜Ê̜˜˜iÊÃÌÀˆ«iÊ Ì…iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ>˜`ÊܜÛi˜‡ˆ˜Ê
“>ÀŽˆ˜}à ̜˜˜iÊÃÌÀˆ«iʓ>ÀŽˆ˜}Ã

c ’ÑÒÎÉ×ÈÂÀ¿Ê Å×ÅÍÈÅ
ÈÑÒÈÐÀÍÈÞÄÂÎÉÍÀ¿ c ŒÅÑÓÙÈÉÐÓ×ÅÉÈÇÏÎËÈÝÔÈÐÀ
ÇÀÙÈÒÍÀ¿ÎÁÎËÎ×ÊÀ c ÍÓÒÐÅÍÍ¿¿ÇÀÙÈÒÍÀ¿ÎÁÎËÎ×ÊÀ
ÑÏÎËÈÓÐÅÒÀÍÎÂÎÉ c ÍÅØÍ¿¿ÇÀÙÈÒÍÀ¿ÎÁÎËÎ×ÊÀ
ÏÐÎÏÈÒÊÎÉ ÑÍÀÄÏÅ×ÀÒÊÎÉ ÓÊÀÇÛÂÀÞÙÅÉ
c ÈÑÏÛÒÀÍÀÏÎ4›6 ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÈÂÏËÅÒÅÍÍÎÉ
ÇÍÀÊ'3 ÁÎ×ÊÎÎÁÐÀÇÍÎÉËÅÍÒÎÉ
c ÂÏËÅÒÅÍÍÎÉ
ÁÎ×ÊÎÎÁÐÀÇÍÎÉËÅÍÒÎÉ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

LˆÃÊ{xc
Õ«Ê̜Ê{xc {xcÊ `
ÄÎ`


iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

°°°Ê ʓˆÌÊ`œ««iÌiÀÊ-V…ÕÌâ…؏iʱʰ°°Ê Ê܈̅Ê`œÕLiÊ«ÀœÌiV̈ÛiÊÅi>̅ʱʰ°°Ê$(ÒÅÃÏÊÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ


/À>}vB…ˆ}ŽiˆÌ Õy>}iyBV…iÊ՘ÌiÀÊ>ÃÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ
œ˜Ì>VÌÊ>Ài>Ê՘`iÀʏœ>` `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱÊÊÊÊÊÊÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÏÎÐÍÀ¿ÏÎÂÅÐÕÍÎÑÒÜÏÎÄÃÐÓÇÎÌ
Ž} ““ Óʓ Îʓ {ʓ
£äää Ê Ê nää Ê Óäää Ê £{ää Ê £äää Ê În äääÇäÓ£xä Ón™£xÓxäÓ £äÓnäÈÓx
Ê Óäää Ê £Èää Ê {äää Ê Ónää Ê Óäää Ê {x £äÓnäÈÓn £äÓnäÈә äääÇäÓäxä
Ê Îäää Ê Ó{ää Ê Èäää Ê {Óää Ê Îäää Ê Èä £äÓnäÈÎÓ £äÓnäÈÎÎ £äÓnäÈÎ{
Ê {äää Ê ÎÓää Ê näää Ê xÈää Ê {äää Ê Èx £äÓnäÈÎÇ £äÓnäÈÎn £äÓnäÈΙ
Ê xäää Ê {äää £ääää Ê Çäää Ê xäää Ê È™ ÇÇΙäÈxä£ £äÓnäÈ{Ó £äÓnäÈ{Î
Ê Èäää Ê {nää £Óäää Ê n{ää Ê Èäää Ê ÇÓ £äÓnäÈ{È £äÓnäÈ{Ç £äÓnäÈ{n
Ê näää Ê È{ää £Èäää ££Óää Ê näää Ê ™Ç £äÓnäÈx£ £äÓnäÈxÓ £äÓnäÈxÎ

°°°Ê88ÊvØÀÊÃV…ÜiÀÃÌiÊ>ÃÌi˜Ê±Ê°°°Ê88ÊvœÀÊ̅iʅi>ۈiÃÌʏœ>`Ãʱʰ°°Ê88,ÅÌÀÒÁÍÜÖÓÀÇÆÌÜÖÄÑÔÈÏÃ
/À>}vB…ˆ}ŽiˆÌ Õy>}iyBV…iÊ՘ÌiÀÊ>ÃÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ
œ˜Ì>VÌÊ>Ài>Ê՘`iÀʏœ>` `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱÊÊÊÊÊÊÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÏÎÐÍÀ¿ÏÎÂÅÐÕÍÎÑÒÜÏÎÄÃÐÓÇÎÌ
Ž} ““ Óʓ Îʓ {ʓ xʓ Èʓ
Ê £ääää Ê näää Ê Óääää Ê £{äää Ê £ääää ££ä £äÓnäÈxÈ £äÓnäÈxÇ £äÓnäÈxn ÇÎxääÎnän £äÓnäÈx™Ê
Ê £xäää £Óäää Ê Îääää Ê Ó£äää Ê £xäää £{ä £äÓnäÈÈÎ £äÓnäÈÈ{ £äÓnäÈÈx £äÓnäÈÈÈ £äÓnäÈÈÇÊ
Ê Óääää £Èäää Ê {ääää Ê Ónäää Ê Óääää £Èä £äÓnäÈÇ£ £äÓnäÈÇÓ £äÓnäÈÇÎ ÇÎxääΙän £äÓnäÈÇ{Ê
Ê Óxäää Óääää Ê xääää Ê Îxäää Ê Óxäää £nä £äÓnäÈÇn £äÓnäÈǙ £äÓnäÈnä £äÓnäÈn£ £äÓnäÈnÓÊ
Ê Îääää Ó{äää Ê Èääää Ê {Óäää Ê Îääää Óää £äÓnäÈnÈ £äÓnäÈnÇ £äÓnäÈnn £äÓnäÈn™Ê
Ê {ääää ÎÓäää Ê nääää Ê xÈäää Ê {ääää Ó{ä £ä££xÎxÇ £äÓnäșΠ£äÓnäș{Ê
Ê xääää {ääää £äääää Ê Çääää Ê xääää Ónä £äÓnäșnÊ
Ê nääää È{äää £Èääää ££Óäää Ê nääää xxä
£äääää nääää Óäääää £{ääää £äääää Èxä
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

/iÝ̈iʘÃV…>}“ˆÌÌiÊ“ˆÌÊ`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
Î{ /iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}ʱʌÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ
{

*"9/ 8‡,՘`ÃV…ˆ˜}i˜Ê88ÊvØÀÊÃV…ÜiÀÃÌiÊ>ÃÌi˜Ê$).%. 
*"9/ 8ÊÀœÕ˜`Êψ˜}ÃÊ88ÊvœÀÊ̅iʅi>ۈiÃÌʏœ>`ÃʱʊÑÔÄÌÜÆÐÆÓÌÉ0/,94%888,ÅÌÀÒÁÍÜÖÓÀÇÆÌÜÖÄÑÔÈÏÃ

UÊ ÝÌÀi“Ê`ˆVŽiÀÊ-«iâˆ>‡ UÊ ÝÌÀi“iÞÊ̅ˆVŽÊëiVˆ>Ê c ÏÅÖÈÀËÜÍÛÉÇÀÙÈÒÍÛÉØËÀÍÃÑÎÑÎÁÎ


ÃV…ÕÌâÃV…>ÕV…]Ê«œÞÕÀi‡ «ÀœÌiV̈ÛiÊÏiiÛi]Ê«œÞÕÀi‡ ÁÎËÜØÎÉÒÎËÙÈÍÎÉ ÑÏÎËÈÓÐÅÒÀÍÎÂÎÉ
̅>˜ÛiÀÃÌBÀŽÌ ̅>˜i‡Àiˆ˜vœÀVi` ÏÐÎÏÈÒÊÎÉ
UÊ ,՘`ÃV…ˆ˜}i˜Ê>iÀÊ UÊ ,œÕ˜`Êψ˜}ÃʜvÊ>Êœ>`Ê c ‰ÐÓÃËÛÅÏÅÒËÈÂÑÅÕÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÅÉ
/À>}vB…ˆ}ŽiˆÌi˜ÊLiÃÌi…i˜Ê V>Ìi}œÀˆiÃÊVœ˜ÃˆÃÌʜvÊ>Ê ÑÎÑÒοÒÈÇÎÄÍÎÃÎÍÅÑÓÙÅÃÎÐÓ×Ü¿ÈÇ
>ÕÃÊiˆ˜i“ÊÌÀ>}i˜`i˜Ê œ>`‡Li>Àˆ˜}Ê«œÞiÃÌiÀʏi}Ê ÏÎËÈÝÔÈÐÀÈÇÀÙÈÒÍÎÃÎØËÀÍÃÀ
*œÞiÃÌiÀÃÌÀ>˜}Ê՘`Ê >˜`Ê>Ê«ÀœÌiV̈ÛiÊÏiiÛi c ÈÑÏÛÒÀÍÛÏÎ/46ÇÍÀÊ'3
-V…ÕÌâÃV…>ÕV… UÊ /46‡ÌiÃÌi`Ê­-‡“>ÀŽ® c ÑÏÅÖÈÀËÜÍÎÌÈÑÏÎËÍÅÍÈÈÒÀÊÆÅÑ
UÊ /46‡}i«ÀØvÌÊ­-‡<iˆV…i˜® UÊ ÃœÊ>Û>ˆ>LiÊ>ÃÊëiVˆ>Ê ÒÅÔËÎÍÎÂÛÌÏÎÊÐÛÒÈÅÌ
UÊ ˜Ê-œ˜`iÀ>ÕÃv؅À՘}Ê>ÕV…Ê “œ`iÊ܈̅Ê/iyœ˜ÊVœ>̈˜}
“ˆÌÊ/iyœ˜‡ iÃV…ˆV…Ì՘}

>˜Ìi˜ÃÌ>LˆˆÃ>̜À\
ˆiÊÃÌ>LˆˆÃˆiÀÌiÊ>˜ÌiÊiÀ}ˆLÌÊiˆ˜iʅŸ…iÀiÊ
+ÕiÀÃÌiˆw}ŽiˆÌ]ÊÛiÀ“ˆ˜`iÀÌÊiˆ˜Ê6iÀ`Ài…i˜Ê`iÀÊ
,՘`ÃV…ˆ˜}iÊ՘`ÊÛiÀB˜}iÀÌÊ`ˆiÊiLi˜Ã`>ÕiÀ°

`}iÊÃÌ>LˆˆÃiÀ\
/…iÊÃÌ>LˆˆÃi`Êi`}iÊ«ÀœÛˆ`iÃʈ“«ÀœÛi`ʅœÀˆâœ˜‡
Ì>ÊÀˆ}ˆ`ˆÌÞ]ÊÀi`ÕViÃÊÌ܈Ã̈˜}ʜvÊ̅iÊψ˜}Ê>˜`
ˆ˜VÀi>ÃiÃʈÌÃʏˆvi°

ÒÀÁÈËÈÇÀÒÎÐÊÐÎÌÎÊ
ÒÀÁÈËÈÇÈÐÎÂÀÍÍÀ¿ÊÐÎÌÊÀÏÎÂÛØÀÅÒ
ÏÎÏÅÐÅ×ÍÓÞÆÅÑÒÊÎÑÒÜ ÓÌÅÍÜØÀÅÒ
ÑÊÐÓ×ÈÂÀÍÈÅÊÐÓÃËÎÉÏÅÒËÈÈÓÂÅËÈ×ÈÂÀÅÒ
ÑÐÎÊÑËÓÆÁÛ

*"9/ 8‡LÀˆiLÃV…ÕÌâÃV…>ÕV… *"9/ 8‡LÀˆiLÃV…ÕÌâÃV…>ÕV… *"9/ 8‡iݜVˆ«Ê-


ØLiÀÊ£Ê-ÌÀ>˜} ØLiÀÊLiˆ`iÊ-ÌÀB˜}i ØLiÀÊLiˆ`iÊ-ÌÀB˜}i

*"9/ 8Ê>LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜ÊÏiiÛiÊ *"9/ 8Ê>LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜ÊÏiiÛiÊ *"9/ 8‡iݜVˆ«Ê-


vœÀʣʏi} vœÀÊLœÌ…ʏi}à vœÀÊLœÌ…ʏi}Ã

—ËÀÍà ÇÀÙÈÙÀÞÙÈÉÎÒÈÇÍÎÑÀ —ËÀÍà ÇÀÙÈÙÀÞÙÈÉÎÒÈÇÍÎÑÀ 0/,94%8&LEXOCLIP3


0/,94%8ÍÀÐÓ×ÅÉ 0/,94%8ÍÀÎÁÀÐÓ×Ü¿ ÍÀÎÁÀÐÓ×Ü¿

`i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ


ÊÊÊÊʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®ÊÊÊÊÊ
`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ

xʓ Èʓ £Èʓ £Ê“ Óʓ Îʓ £Ê“ Óʓ Îʓ £Ê“ Óʓ
£äÓnäÈÓÈ £äÓnäÈÓÇ £äÓnäx™ä £äÓnäx™£ £äÓnäx™Ó £äÓnäxÈÈ £äÓnäxÈÇ £äÓnäxÈn £äÓnäxxÇ £äÓnäxxn
£äÓnäÈÎä £äÓnäÈΣ £äÓnäx™Î £äÓnäx™{ £äÓnäx™x £äÓnäxș £äÓnäxÇä £äÓnäxÇ£ £äÓnäxx™ Çä{ÓxÓÓän
£äÓnäÈÎx £äÓnäÈÎÈ £äÓnäx™È £äÓnäx™Ç £äÓnäx™n £äÓnäxÇÓ £äÓnäxÇÎ £äÓnäxÇ{ £äÓnäxÈä £äÓnäxÈ£
£äÓnäÈ{ä £äÓnäÈ{£ ÇÎxääÎ{än £äÓnäx™™ £äÓnäÈää £äÓnäÈä£ £äÓnäxÇx £äÓnäxÇÈ £äÓnäxÇÇ £äÓnäxÈÓ £äÓnäxÈÎ
£äÓnäÈ{{ £äÓnäÈ{x £äÓnäÈäÓ £äÓnäÈäÎ £äÓnäÈä{ £äÓnäxÇn £äÓnäxnä £äÓnäxnÓ £äÓnäxÈ{ £äÓnäxÈx
£äÓnäÈ{™ £äÓnäÈxä £äÓnäÈäx £äÓnäÈäÈ £äÓnäÈäÇ £äÓnäxn{ £äÓnäxnx £äÓnäxnÈ
£äÓnäÈx{ £äÓnäÈxx £äÓnäÈän £äÓnäÈä™ £äÓnäÈ£ä £äÓnäxnÇ £äÓnäxnn £äÓnäxn™

`i˜Ì˜Õ““iÀ
ÊÊÊÊʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®ÊÊÊÊÊ
`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ

nʓ £äʓ £Óʓ Óäʓ Ónʓ £Ê“ Óʓ Îʓ


ÊÊ£äÓnäÈÈä £äÓnäÈÈ£ £äÓnäÈÈÓ £äÓnäÈ££ £äÓnäÈ£Ó £äÓnäÈ£Î
ÊÊ£äÓnäÈÈn £äÓnäÈș £äÓnäÈÇä ÇÎxääÎxän £äÓnäÇäÇ £äÓnäÇän £äÓnäÇä™
ÊÊ£äÓnäÈÇx £äÓnäÈÇÈ £äÓnäÈÇÇ ÇÎxääÎÎän
ÊÊ£äÓnäÈnÎ £äÓnäÈn{ £äÓnäÈnx
ÊÊ£äÓnäÈ™ä £äÓnäș£ £äÓnäșÓ
ÊÊ£äÓnäșx £äÓnäÈ™È £äÓnäșÇ
ÊÊ£äÓnäș™ £äÓnäÇää £äÓnäÇä£
ÊÊ£äÓnäÇäÓ £äÓnäÇäÎ £äÓnäÇä{
£äÓnäÇäx £äÓnäÇäÈ

/iÝ̈iʘÃV…>}“ˆÌÌiÊ“ˆÌÊ`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
/iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}ʱʌÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ Îx
{

*"9/ 8‡,՘`ÃV…ˆ˜}i˜Ê Vœ‡/iÝʓˆÌÊiˆ˜v>V…iÀÊ-V…ÕÌâ…؏iÊ  Ê Ê£{™Ó‡Ó

*"9/ 8ÊÀœÕ˜`Êψ˜}ÃÊ Vœ‡/iÝÊ܈̅ÊȘ}iÊ«ÀœÌiV̈ÛiÊÅi>̅ʱʊÑÔÄÌÜÆÐÆÓÌÉ0/,94%8%CO 4EXÒÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ

UÊ ˆ˜v>V…iÊ-V…ÕÌâ…؏i]Ê«œÞÕÀi̅>˜‡ˆ“«ÀB}˜ˆiÀÌ
UÊ iܘ`iÀÃÊ«ÀiˆÃ}ؘÃ̈}iÊ,՘`ÃV…ˆ˜}i
UÊ /46‡}i«ÀØvÌÊ­-‡<iˆV…i˜®
UÊ ˆÌÊiˆ˜}iÜiLÌi˜Ê/œ˜˜i˜ÃÌÀiˆvi˜

UÊ -ˆ˜}iÊ«ÀœÌiV̈ÛiÊÅi>̅]Ê«œÞÕÀi̅>˜i‡ˆ“«Ài}˜>Ìi`

œ“«ï̈ÛiÞ‡«ÀˆVi`ÊÀœÕ˜`Êψ˜}Ã
UÊ /46‡ÌiÃÌi`Ê­-‡“>ÀŽ®
UÊ 7ˆÌ…ÊܜÛi˜‡ˆ˜Ê̜˜˜iÊÃÌÀˆ«iʓ>ÀŽˆ˜}Ã

c ÄÈÍÀÐÍÀ¿ÇÀÙÈÒÍÀ¿ÎÁÎËÎ×ÊÀ Ñ
ÏÎËÈÓÐÅÒÀÍÎÂÎÉÏÐÎÏÈÒÊÎÉ
c ‰ÐÓÃËÀ¿ÏÅÒË¿ÏÎÎ×ÅÍÜÍÈÇÊÎÉÖÅÍÅ
c ÈÑÏÛÒÀÍÛÏÎ446ÇÍÀÊ'3
c ÂÏËÅÒÅÍÍÛÌÈÁÎ×ÊÎÎÁÐÀÇÍÛÌÈËÅÍÒÀÌÈ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒ
ÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ
ȓ«iÊ`ˆÀiVÌ
ÏÐÎÑÒÀ¿ÏпÌÀ¿

/À>}vB…ˆ}ŽiˆÌ Õy>}iyBV…iÊ՘ÌiÀÊ>ÃÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ
œ˜Ì>VÌÊ>Ài>Ê՘`iÀʏœ>` `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÏÎÐÍÀ¿ÏÎÂÅÐÕÍÎÑÒÜÏÎÄÃÐÓÇÎÌ
Ž} ““ Óʓ Îʓ {ʓ Èʓ
Ê £äää Ê În £äÓnäÇ£ä £äÓnäÇ££ £äÓnäÇ£Ó
Ê Óäää Ê {x £äÓnäǣΠ£äÓnäÇ£{ £äÓnäÇ£x £äÓnäÇ£È
Ê Îäää Ê Èä £äÓnäÇ£Ç £äÓnäÇ£n £äÓnäÇ£™ £äÓnäÇÓä
Ê {äää Ê Èx £äÓnäÇÓ£ £äÓnäÇÓÓ £äÓnäÇÓÎ £äÓnäÇÓ{
Ê xäää Ê È™ £äÓnäÇÓx £äÓnäÇÓÈ £äÓnäÇÓÇ £äÓnäÇÓn

/iÝ̈iʘÃV…>}“ˆÌÌiÊ“ˆÌÊ`œ««iÌiÀÉiˆ˜v>V…iÀÊ-V…ÕÌâ…؏i
ÎÈ /iÝ̈iʏˆv̈˜}Ê}i>ÀÊ܈̅Ê`œÕLiÉȘ}iÊ«ÀœÌiV̈ÛiÊVœÛiÀˆ˜}ʱʌÁÓÆÑØÁÓÜÆÒÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÒÅÃÏÊÎÏÊÏÅÉÎÁÑÎÏÊÈÁÚÉÓÎÏÊÏÂÏÌÏØËÏÊ
x

*"9/ 8Á‡,՘`ÃV…ˆ˜}i˜}i…B˜}i
*"9/ 8Á‡,œÕ˜`Êψ˜}ÃʱÊ*"9/ 8Á‡ÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊ

,՘`ÃV…ˆ˜}i˜‡i…B˜}iÊ£‡ÃÌÀB˜}ˆ}ʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê-
,œÕ˜`Êψ˜}ÃÊȘ}i‡i}}i`Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ-
ÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊÃÏÅÉÎÑÔØÆÊÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ(3

UÊ œ…iÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ}iÀˆ˜}i“Ê ˆ}i˜‡ UÊ ˆ}…ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ܈̅ʏœÜÊœÜ˜Ê c ÛÑÎÊÀ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÐÈ


}i܈V…Ì Üiˆ}…Ì ÍÅÁÎËÜØÎÌÑÎÁÑÒÂÅÍÍÎÌÂÅÑÅ
UÊ -V…œ˜i˜`iÊ i…>˜`Õ˜}Êۜ˜ÊœLiÀyB‡ UÊ ˆ˜`Ê̜ʏœ>`ÃÊ܈̅ÊÃi˜ÃˆÌˆÛiÊÃÕÀv>Vià c ˜ÀÄ¿ÙÀ¿ÎÁÐÀÁÎÒÊÀÃÐÓÇÎÂÑËÅÃÊÎ
V…i˜i“«w˜`ˆV…i˜Ê>ÃÌi˜ UÊ œ˜}iÀʏˆviÊ`ÕiÊ̜\ ÏÎÂÐÅÆÄÀÅÌÎÉÏÎÂÅÐÕÍÎÑÒÜÞ
UÊ >˜}iÊiLi˜Ã`>ÕiÀÊ`ÕÀV…\ Uʅˆ}…‡ÃÌÀi˜}̅ÊVœ“«œ˜i˜ÌÃ]ʵÕ>ˆÌÞÊ c €ÎËÜØÎÉÑÐÎÊÑËÓÆÁÛÎÁÅÑÏÅ×ÈÂÀÞÒ
UʅœV…viÃÌiÊ >ÕÌiˆiÊ`iÀÊ ÊÊ }À>`iÊnʜÀʅˆ}…iÀ cÂÛÑÎÊÎÏÐÎ×ÍÛÅÊÎÍÑÒÐÓÊÒÈÂÍÛÅ
ÊÊ ØÌiŽ>ÃÃiÊnÊLâܰʅŸ…iÀ UÊ*"9/ 8ÊÀœÕ˜`Êψ˜}à ÝËÅÌÅÍÒÛÊËÀÑÑÀÊÀ×ÅÑÒÂÀÈËÈ
UÊ*"9/ 8‡,՘`ÃV…ˆ˜}i˜ UÊ>``ˆÌˆœ˜>Ê*1‡ˆ“«Ài}˜>Ìi`Ê«ÀœÌiV̈ÛiÊ ÂÛØÅ
UÊâÕÃBÌ⏈V…i˜Ê*1‡ˆ“«ÀB}˜ˆiÀÌiÀÊ ÊÊ Ãˆ˜}ÊÏiiÛi cÊÐÓÃËÛÅÏÅÒËÈ0/,94%8
ÊÊ i…B˜}i‡-V…ÕÌâÃV…>ÕV… UÊ ÝVii˜Ìʈ˜ÃՏ>̈œ˜Ê«Àœ«iÀ̈iÃÊ`ÕiÊÌœÊ cÄÎÏÎËÍÈÒÅËÜÍÛÉÏÐÎÏÈÒÀÍÍÛÉ
UÊ iÀۜÀÀ>}i˜`iÀÊ܏ˆiÀivviŽÌÊ`ÕÀV…ʘˆV…̇ ˜œ˜‡Vœ˜`ÕV̈˜}Ê«œÞiÃÌiÀʓ>ÌiÀˆ> ÏÎËÈÓÐÅÒÀÍÎÌÇÀÙÈÒÍÛÉØËÀÍÃ
iˆÌi˜`iÃÊ*œÞiÃÌiÀ“>ÌiÀˆ> ÏÎÄÂÅÑÊÈ
c‡ÑÊËÞ×ÈÒÅËÜÍÛÉ
/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ iÊ,՘`ÃV…ˆ˜}i˜‡i…B˜}iÊȘ`Ê ÈÇÎËÈÐÓÞÙÈÉ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` “ˆÌÊiˆ˜iÀÊ/À>}vB…ˆ}ŽiˆÌë>ŽiÌÌiÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ >ÕÃ}iÃÌ>ÌÌiÌ° ÝÔÔÅÊÒÁËÀÃÎÄÀп
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ ÍÅÏÐÎÂÎÄ¿ÙÅÌÓ
ÏÎËÈÝÔÈÐÍÎÌÓ
ÊÀœÕ˜`Êψ˜}ÃÊ>ÀiÊwÌÌi`Ê܈̅Ê>ÊL>`}iÊ
ˆ˜`ˆV>̈˜}Ê̅iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ ÌÀÒÅÐÈÀËÓ


ÑÅÏÎÄÂÅÑÊÈÑÊÐÓÃËÎÉ
ÏÅÒËÅÉÎÑÍÀÙÅÍÛ¿ÐËÛÊÎÌ
ÏÎÊÀÇÛÂÀÞÙÈÌÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ

iˆ˜v>V…Ê`ˆÀiŽÌ
ȓ«iÊ`ˆÀiVÌ
ÏÐÎÑÒÀ¿ÏпÌÀ¿

/À>}vB…ˆ}ŽiˆÌ >~iÊÕv…B˜}iÀˆ˜} B˜}iÊ >ÕÌiˆÊ}iÃ>“Ì >Ži˜“>ՏÜiˆÌiÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} /œÌ>Êi˜}̅ʜvÊ̅iÊVœ“«œ˜i˜Ìà (OOKOPENING `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­Ó®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ  —ÈÐÈÍÀÇÅÂÀÊÐÞÊÀ
Ž} ““ V>°Ê““ ““ Óʓ Îʓ {ʓ xʓ
Ê £äää ££äÊÝÊÊ Èä Ê ÎÓä £™ £äÓnäÇә £äÓnäÇÎä £äÓnäÇΣ £äÓnäÇÎÓ
Ê Óäää ££äÊÝÊÊ Èä Ê Îxä ÓÈ £äÓnäÇÎÎ £äÓnäÇÎ{ £äÓnäÇÎx £äÓnäÇÎÈ
Ê Îäää £ÎxÊÝÊÊ Çx Ê {Îä Îä £äÓnäÇÎÇ £äÓnäÇÎn £äÓnäÇΙ £äÓnäÇ{ä
Ê {äää £ÎxÊÝÊÊ Çx Ê {Îä Îä £äÓnäÇ{£ £äÓnäÇ{Ó £äÓnäÇ{Î £äÓnäÇ{{
Ê xäää £ÈäÊÝÊÊ ™ä Ê x{ä Ι £äÓnäÇ{x £äÓnäÇ{È £äÓnäÇ{Ç £äÓnäÇ{n
Ê Èäää £ÈäÊÝÊÊ ™ä Ê x{ä Ι £äÓnäÇ{™ £äÓnäÇxä £äÓnäÇx£ £äÓnäÇxÓ
Ê näää £näÊÝÊ£ää Ê x™ä {È £äÓnäÇxÎ £äÓnäÇx{ ÇÇÎ{{Çään £äÓnäÇxx
£ääää £näÊÝÊ£ää Ê x™ä {È £äÓnäÇxÈ £äÓnäÇxÇ £äÓnäÇxn £äÓnäÇx™
£xäää ÓÈäÊÝÊ£{ä Ê nÓä xÎ £äÓnäÇÈä £äÓnäÇÈ£ £äÓnäÇÈÓ £äÓnäÇÈÎ
£™äää ÓÈäÊÝÊ£{ä Ê n{ä ÈÓ £äÓnäÇÈ{ £äÓnäÇÈx £äÓnäÇÈÈ £äÓnäÇÈÇ
Óääää Î{äÊÝÊ£nä £äÓä Ç£ £äÓnäÇÈn £äÓnäÇș £äÓnäÇÇä £äÓnäÇÇ£
ÁÙÀ¿ÄËÈÍÀÊÎÍÑÒÐÓÊÒÈÂÍÛÕÝËÅÌÅÍÒΠÏÐÈÌÅÐÍÎ

*œÞÌiÝÊ,՘`ÃV…ˆ˜}i˜}i…B˜}iʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜
În ,œÕ˜`Êψ˜}ÃÊ܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ±ÊÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊÃÏÅÉÎÑÔØÆÊÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ
x

,՘`ÃV…ˆ˜}i˜‡i…B˜}iÊӇÃÌÀB˜}ˆ}ʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê-
,œÕ˜`Êψ˜}ÃÊӇi}}i`Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ-
ÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊÃÅÃÁÑÔØÝÀÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ iÊ,՘`ÃV…ˆ˜}i˜‡i…B˜}iÊȘ`Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` “ˆÌÊiˆ˜iÀÊ/À>}vB…ˆ}ŽiˆÌë>ŽiÌÌiÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ >ÕÃ}iÃÌ>ÌÌiÌ°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

ÊÀœÕ˜`Êψ˜}ÃÊ>ÀiÊwÌÌi`Ê܈̅Ê>ÊL>`}iÊ
ˆ˜`ˆV>̈˜}Ê̅iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ


ÑÅÏÎÄÂÅÑÊÈÑÊÐÓÃËÎÉ
ÏÅÒËÅÉÎÑÍÀÙÅÍÛ¿ÐËÛÊÎÌ
ÏÎÊÀÇÛÂÀÞÙÈÌÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ B˜}iÊ >ÕÌiˆÊ}iÃ>“Ì


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ >~iÊÕv…B˜}iÀˆ˜} >Ži˜“>ՏÜiˆÌiÊ
/œÌ>Êi˜}̅ʜvÊ̅iÊVœ“«œ˜i˜Ìà `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­Ó®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} (OOKOPENING
ÁÙÀ¿ÄËÈÍÀÊÎÍÑÒÐÓÊÒÈÂÍÛÕ
Ž} ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ —ÈÐÈÍÀÇÅÂÀÊÐÞÊÀ
ÝËÅÌÅÍÒÎÂ ÏÐÈÌÅÐÍÎ
““ ““
ä‡{xc {x‡Èäc V>°Ê““ Óʓ Îʓ {ʓ xʓ
Ê £{ää Ê £äää ££äÊÝÊÊ Èä Ê ÎÓä £™ £äÓnäÇÇÓ £äÓnäÇÇÎ £äÓnäÇÇ{ £äÓnäÇÇx
Ê Ónää Ê Óäää £ÎxÊÝÊÊ Çx Ê Înä ÓÈ £äÓnäÇÇÈ £äÓnäÇÇÇ £äÓnäÇÇn £äÓnäÇǙ
Ê {Óää Ê Îäää £ÈäÊÝÊÊ ™ä Ê {Èä Îä £äÓnäÇnä £äÓnäÇn£ £äÓnäÇnÓ £äÓnäÇnÎ
Ê xÈää Ê {äää £ÈäÊÝÊÊ ™ä Ê {Èä Îä £äÓnäÇn{ £äÓnäÇnx £äÓnäÇnÈ £äÓnäÇnÇ
Ê Çäää Ê xäää £näÊÝÊ£ää Ê xÈä Ι £äÓnäÇnn £äÓnäÇn™ £äÓnäÇ™ä £äÓnäǙ£
Ê n{ää Ê Èäää £näÊÝÊ£ää Ê xÈä Ι £äÓnäÇ™Ó £äÓnäǙΠ£äÓnäǙ{ £äÓnäǙx
££Óää Ê näää ÓääÊÝÊ££ä Ê È£ä {È £äÓnäÇ™È £äÓnäÇ™Ç ÇÇÎ{{Ç£än £äÓnäǙn
£{äää £ääää ÓääÊÝÊ££ä Ê È£ä {È £äÓnäǙ™ £äÓnänää £äÓnänä£ £äÓnänäÓ
Ó£äää £xäää Î{äÊÝÊ£nä Ê ™ää xÎ £äÓnänäÎ £äÓnänä{ £äÓnänäx £äÓnänäÈ
ÓÈÈää £™äää Î{äÊÝÊ£nä Ê ™Óä ÈÓ £äÓnänäÇ £äÓnänän £äÓnänä™ £äÓnän£ä
Ónäää Óääää ÎxäÊÝÊ£™ä £äÎä Ç£ £äÓnän££ £äÓnän£Ó £äÓnän£Î £äÓnän£{
7iˆÌiÀiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅Ãʜ˜ÊÀiµÕiÃÌʱʃÐÓÃÈÅÄËÈÍÛuÏÎÇÀÏÐÎÑÓ

*œÞÌiÝÊ,՘`ÃV…ˆ˜}i˜}i…B˜}iʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜
,œÕ˜`Êψ˜}ÃÊ܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ±ÊÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊÃÏÅÉÎÑÔØÆÊÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ Î™
x

,՘`ÃV…ˆ˜}i˜‡i…B˜}iÊ{‡ÃÌÀB˜}ˆ}ʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê-
,œÕ˜`Êψ˜}ÃÊ{‡i}}i`Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ-
ÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊÃÑÔØÝÀÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ iÊ,՘`ÃV…ˆ˜}i˜‡i…B˜}iÊȘ`Ê
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` “ˆÌÊiˆ˜iÀÊ/À>}vB…ˆ}ŽiˆÌë>ŽiÌÌiÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ >ÕÃ}iÃÌ>ÌÌiÌ°
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

ÊÀœÕ˜`Êψ˜}ÃÊ>ÀiÊwÌÌi`Ê܈̅Ê>ÊL>`}iÊ
ˆ˜`ˆV>̈˜}Ê̅iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ

ÑÅÏÎÄÂÅÑÊÈÑÊÐÓÃËÎÉ
ÏÅÒËÅÉÎÑÍÀÙÅÍÛ¿ÐËÛÊÎÌ
ÏÎÊÀÇÛÂÀÞÙÈÌÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ B˜}iÊ >ÕÌiˆÊ}iÃ>“Ì


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ >~iÊÕv…B˜}iÀˆ˜} >Ži˜“>ՏÜiˆÌiÊ
/œÌ>Êi˜}̅ʜvÊ̅iÊVœ“«œ˜i˜Ìà `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­Ó®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} (OOKOPENING
ÁÙÀ¿ÄËÈÍÀÊÎÍÑÒÐÓÊÒÈÂÍÛÕ
Ž} ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ —ÈÐÈÍÀÇÅÂÀÊÐÞÊÀ
ÝËÅÌÅÍÒÎÂ ÏÐÈÌÅÐÍÎ
““ ““
ä‡{xc {x‡Èäc V>°Ê““ Óʓ Îʓ {ʓ xʓ
Ê £{ää Ê £äää ££äÊÝÊÊ Èä Ê ÎÓä £™ £äÓnän£x £äÓnän£È £äÓnän£Ç £äÓnän£n
Ê Ónää Ê Óäää £ÎxÊÝÊÊ Çx Ê Înä ÓÈ £äÓnän£™ £äÓnänÓä £äÓnänÓ£ £äÓnänÓÓ
Ê {Óää Ê Îäää £ÈäÊÝÊÊ ™ä Ê {Èä Îä £äÓnänÓÎ £äÓnänÓ{ £äÓnänÓx £äÓnänÓÈ
Ê xÈää Ê {äää £ÈäÊÝÊÊ ™ä Ê {Èä Îä £äÓnänÓÇ £äÓnänÓn ÇÇÎ{{ÇÓän £äÓnänә
Ê Çäää Ê xäää £näÊÝÊ£ää Ê xÈä Ι £äÓnänÎä £äÓnänΣ £äÓnänÎÓ £äÓnänÎÎ
Ê n{ää Ê Èäää £näÊÝÊ£ää Ê xÈä Ι £äÓnänÎ{ £äÓnänÎx £äÓnänÎÈ £äÓnänÎÇ
££Óää Ê näää ÓääÊÝÊ££ä Ê È£ä {È £äÓnänÎn £äÓnänΙ £äÓnän{ä £äÓnän{£
£{äää £ääää ÓääÊÝÊ££ä Ê È£ä {È £äÓnän{Ó £äÓnän{Î £äÓnän{{ £äÓnän{x
Ó£äää £xäää Î{äÊÝÊ£nä Ê ™ää xÎ £äÓnän{È £äÓnän{Ç £äÓnän{n £äÓnän{™
ÓÈÈää £™äää Î{äÊÝÊ£nä Ê ™Óä ÈÓ £äÓnänxä £äÓnänx£ £äÓnänxÓ £äÓnänxÎ
Ónäää Óääää ÎxäÊÝÊ£™ä £äÎä Ç£ £äÓnänx{ £äÓnänxx
7iˆÌiÀiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅Ãʜ˜ÊÀiµÕiÃÌʱʃÐÓÃÈÅÄËÈÍÛuÏÎÇÀÏÐÎÑÓ

*œÞÌiÝÊ,՘`ÃV…ˆ˜}i˜}i…B˜}iʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜
{ä ,œÕ˜`Êψ˜}ÃÊ܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ±ÊÏÅÃÆÒËÁÒËÑÔÄÌÏÊÐÆÓÌÆÊÃÏÅÉÎÑÔØÆÊÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ
È

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
/ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ

*"9/ 8‡iLiLB˜`iÀÊâÜiˆ>}ˆ}ʓˆÌÊÛiÀÃÌBÀŽÌi˜Ê՘`ÊÛiÀØ˜}Ìi˜Ê ˜`ÃV…>Õvi˜Ê  É Ê£{™Ó‡£

*"9/ 8ÊÌܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ÊÀiˆ˜vœÀVi`Ê>˜`ÊÌ>«iÀi`ÊiÞiʏœœ«Ã
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8ÅÃÔÖÒÌÏÊÎÜÆÒÔÓÏÌÚÆÎÎÜÍÉËÏÎ×ÆÃÜÍÉÐÆÓÌÀÍÉÔÍÆÎÝÙÆÎÎÏÄÏÅÉÁÍÆÓÑÁ

6iÀÃÌBÀŽÌiÊ ˜`ÃV…>Õvi˜Ê}iÜB…Ài˜ÊiˆV…Ìi‡ />«iÀi`ÊiÞiʏœœ«ÃÊȓ«ˆvÞʅ>˜`ˆ˜}Ê>˜`Ê ’ÒÎËÙÅÍÍÛÅÊÎÍÖÅÂÛÅÏÅÒËÈÎÁËÅÃ×ÀÞÒ


ÀiÃÊ>˜`ˆ˜}Ê՘`ÊiÀ…Ÿ…i˜Ê`ˆiÊiLi˜Ã`>ÕiÀÊ ˆ˜VÀi>ÃiÊ̅iʏˆviʜvÊ̅iÊÜiLLˆ˜}Êψ˜}ðÊ/…iÊ ÓÕÎÄÈÓÂÅËÈ×ÈÂÀÞÒÑÐÎÊÑËÓÆÁÛ
`iÀÊiLiLB˜`iÀ°Ê ˆiÊ ˜`ÃV…>Õvi˜ÊȘ`Ê iÞiʏœœ«ÃÊ>ÀiÊÌ>«iÀi`Ê̜Ê>««ÀœÝ°Ê…>vÊ̅iÊ ÃÐÓÇÎÏÎÄÚÅÌÍÛÕËÅÍÒ‰ÎÍÖÅÂÛÅÏÅÒËÈ
>ÕvÊV>°Ê…>LiÊ >˜`LÀiˆÌiÊÛiÀØ˜}Ì°Ê6œiÊ Ãˆ˜}Ê܈`̅°ÊՏÊ܈`̅ÊvœÀÊÎäʓ“ÊÜiLLˆ˜}Ê ÑÓÆÅÍÛÏÐÈÌÅÐÍÎÍÀÏÎËÎÂÈÍÓØÈÐÈÍÛ
>˜`LÀiˆÌiÊLiˆÊÎäʓ“‡iLiL>˜`° ψ˜}ð ËÅÍÒÛŽÎËÍÀ¿ØÈÐÈÍÀËÅÍÒÛÌÌ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

LˆÃÊ{xc
Õ«Ê̜Ê{xc {xcÊ `
ÄÎ`


iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ -V…>Õvi˜B˜}i


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã œœ«Êi˜}̅ `i˜Ì˜Õ““iÀʱÊ`i˜ÌÊÊÊÊÊÊÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ËÅÍÒÛ
Ž} ““ V>°ÉÎÊÎËÎʓ“ Óʓ Îʓ {ʓ
Ê £äää Ê nää Ê Óäää Ê £{ää Ê £äää Ê ÎäÊÝÊÇ Óxä £äÓnänxn £äÓnänx™ £äÓnänÈä
Ê Óäää £Èää Ê {äää Ê Ónää Ê Óäää Ê ÈäÊÝÊÇ Óxä £äÓnänÈÎ £äÓnänÈ{ £äÓnänÈx
Ê Îäää Ó{ää Ê Èäää Ê {Óää Ê Îäää Ê ™äÊÝÊÇ Îää £äÓnänÈn £äÓnänș nä{әn{
Ê {äää ÎÓää Ê näää Ê xÈää Ê {äää £ÓäÊÝÊn {ää £äÓnänÇÓ £äÓnänÇÎ £äÓnänÇ{
Ê xäää {äää £ääää Ê Çäää Ê xäää £xäÊÝÊn {xä £äÓnänÇn £äÓnänǙ £äÓnännä
Ê Èäää {nää £Óäää Ê n{ää Ê Èäää £näÊÝÊn xxä £äÓnännÎ £äÓnänn{ £äÓnännx
Ê näää È{ää £Èäää ££Óää Ê näää Ó{äÊÝʙ Çxä £äÓnänn™ £äÓnän™ä
£ääää näää Óääää £{äää £ääää ÎääÊÝʙ nxä £äÓnän™Î £äÓnän™{
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
{Ó /ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ
È
*"9/ 8‡iLiLB˜`iÀ
UÊ ÕÃʅœV…ÜiÀ̈}i“]ÊBÕ~iÀÃÌÊÀœLÕÃÌi“Ê*œÞiÃÌiÀ

*"9/ 8‡ÜiLLˆ˜}Êψ˜}Ã
UÊ >`iʜvÊ̜«‡µÕ>ˆÌÞ]ÊiÝÌÀi“iÞÊ`ÕÀ>LiÊ«œÞiÃÌiÀ

ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8
c‡ÇÂÛÑÎÊÎÊÀ×ÅÑÒÂÅÍÍÎÃÎ ÈÑÊËÞ×ÈÒÅËÜÍÎ
ÏÐÎ×ÍÎÃÎÏÎËÈÝÔÈÐÍÎÃÎÌÀÒÅÐÈÀËÀ

VŽi˜‡Ê՘`Ê>˜Ìi˜ÃV…ÕÌâ
*ÀœÌiV̈œ˜Ê>}>ˆ˜ÃÌÊVœÀ˜iÀÃÊ>˜`Êi`}iÃ
‡ÁÚÉÓÁÏÓÏÒÓÑÜÖÔÄÌÏÃÉËÑÏÍÏË

°°°ÊÊ`ˆiÊ«>ÃÃi˜`i˜Ê-V…ÕÌâÃÞÃÌi“iÊvØÀÊ*"9/ 8‡
iLiLB˜`iÀ\
°°°ÊÊ̅iÊÃՈÌ>LiÊ«ÀœÌiV̈œ˜ÊÃÞÃÌi“ÃÊvœÀÊ*"9/ 8Ê
ÜiLLˆ˜}Êψ˜}Ã\
ÐÏÅÖÏÅÀÚÉÆÈÁÚÉÓÎÜÆÒÉÒÓÆÍÜÅÌÀ
ÄÑÔÈÏÐÏÅÛÆÍÎÜÖÌÆÎÓ0/,94%8 *1‡>˜Ìi˜ÃV…œ˜iÀʓˆÌÊ>}˜iÌ

*1Êi`}iÊ«ÀœÌiV̈œ˜Ê܈̅ʓ>}˜iÌ

ŽÎËÈÓÐÅÒÀÍÎÂÀ¿ÏÐÅÄÎÕÐÀÍÈÒÅËÜÍÀ¿ÏÐÎÊËÀÄÊÀÏÎÄ
ÎÑÒÐÛÅÊÐÎÌÊÈÑÌÀÃÍÈÒÎÌ

vØÀÊiLiL>˜`LÀiˆÌi
`i˜Ì˜Õ““iÀ
vœÀÊÜiLLˆ˜}Êψ˜}Ê܈`̅
*"9/ 8‡LÀˆiLÃV…ÕÌâÃV…>ÕV… `i˜ÌʘՓLiÀ
ÄË¿ØÈÐÈÍÛ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
*"9/ 8‡iݜ«Vˆ«Ê- *"9/ 8Ê>LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜ÊÏiiÛiÊ ÃÐÓÇÎÏÎÄÚÅÌÍÎÉËÅÍÒÛ
LˆÃÊ£näʓ“ £äÓnä™{È
‡ÇÍÎÑÎÑÒÎÉÊÈÉØËÀÍÃ0/,94%8
LˆÃÊÎääʓ“ £äÓnä™{Ç

`i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ
ÊÊÊÊʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®Ê `i˜ÌʘՓLiÀÊ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ

xʓ Èʓ nʓ £äʓ £Ê“ Óʓ £Ê“ Óʓ Îʓ


ÊÊÊÊÊn™ä{{£Óä£ £äÓnänÈ£ £äÓnänÈÓ £äÓnä™{n £äÓnä™{™ £äÓnä™xä £äÓnä™x£ £äÓnä™xÓ
ÊÊÊÊÊn™ä{{££ä£ £äÓnänÈÈ £äÓnänÈÇ *"9/ 8‡-V…ÕÌâ“>˜ÃV…iÌÌi
ÊÊÊÊ£äÓnänÇä n™ä{{{Óä£ £äÓnänÇ£ *"9/ 8Ê«ÀœÌiV̈ÛiÊVÕvv
ÊÊÊÊ£äÓnänÇx £äÓnänÇÈ £äÓnänÇÇ
†ÀÙÈÒÍÀ¿ÌÀÍÆÅÒÀ0/,94%8
ÊÊÊÊ£äÓnänn£ £ää£ä{™£ £äÓnännÓ
ÊÊÊÊ£äÓnännÈ £äÓnännÇ £äÓnännn ­ÊÉÄËÈÍÀrÊÎääʓ“®
ÊÊÊÊÇÎxää£Èän £äÓnän™£ £äÓnän™Ó £äÓnä™xÎ £äÓnä™x{ £äÓnä™xx
ÊÊÊÊ£äÓnän™x £äÓnän™È £äÓnän™Ç ÇÎxääÎÈän £äÓnä™xÎ £äÓnä™x{ £äÓnä™xx vØÀÊiLiL>˜`LÀiˆÌi
ÕÃv؅À՘} `i˜Ì˜Õ““iÀ
vœÀÊÜiLLˆ˜}Êψ˜}Ê܈`̅
iÈ}˜ `i˜ÌʘՓLiÀ
ÄË¿ØÈÐÈÍÛ
‹ÎÄÅËÜ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÃÐÓÇÎÏÎÄÚÅÌÍÎÉËÅÍÒÛ
i`iÀʓˆÌʏiÌÌÛiÀÃV…Õ~ LˆÃÊÈäʓ“ £äÓnäÈ£È
i>̅iÀÊ܈̅ÊÛiVÀœÊv>ÃÌi˜iÀ
ÊÎÆÀÑÇÀÑÒÅÆÊÎÉ rËÈÏÓ×ÊÎÉs LˆÃÊÈäʓ“ £äÓnäÈ£Ç
LÀˆiLÃV…ÕÌâÃV…>ÕV…
“ˆÌʏiÌÌÛiÀÃV…Õ~ LˆÃÊÈäʓ“ £äÓnäÈ£n
LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜Ê
ÏiiÛiÊ܈̅ÊÛiVÀœÊ
v>ÃÌi˜iÀ LˆÃÊÈäʓ“ £äÓnäÈ£™

—ËÀÍà ÇÀÙÈÙÀÞÙÈÕÎÒÈÇÍÎÑÀ ÑÇÀÑÒÅÆÊÎÉ sËÈÏÓ×ÊÎÉw

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
/ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ {Î
È

*"9/ 8‡iLiLB˜`iÀÊâÜiˆ>}ˆ}ʓˆÌÊ`ÕÀV…ÃÌiVŽL>Ài˜Ê,՘`ÃÌ>…LØ}i˜Ê  É Ê£{™Ó‡£

*"9/ 8ÊÌܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʈ˜ÃiÀÌ>LiÊÀœÕ˜`i`ÊÃÌiiÊi˜`ÊvˆÌ̈˜}Ã
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8ÅÃÔÖÒÌÏÊÎÜÆÒÃÅÆÃÁÆÍÜÍÉÏÅÎÁÃÅÑÔÄÔßËÑÔÄÌÜÍÉÒÓÁÌÝÎÜÍÉÒËÏÂÁÍÉ

ˆiÊ Ø}iÊ>ÕÃʅœV…viÃÌi“Ê-Ì>…]ÊØÌi‡ /…iʓiÌ>Êi˜`ÊwÌ̈˜}ÃÊ>Àiʓ>˜Õv>VÌÕÀi`Ê ÊÎÁÛÈÇÂÛÑÎÊÎÏÐÎ×ÍÎÉÑÒÀËÈ ÊËÀÑÑ


Ž>ÃÃiÊn]Êiˆ}˜i˜ÊÈV…ÊLiܘ`iÀÃÊvØÀÊ`i˜Ê vÀœ“Ê…ˆ}…‡ÃÌÀi˜}̅Ê}À>`iÊnÊÃÌii]Ê>˜`Ê>ÀiÊ ÊÀ×ÅÑÒÂÀ ÎÑÎÁÅÍÍÎÏÎÄÕÎÄ¿ÒÄË¿
À>Յi˜Ê iÌÀˆiL°ÊÕ~iÀ`i“ÊȘ`ÊÈiʈ`i>Ê «>À̈VՏ>ÀÞÊÃՈÌi`Ê̜ÊÀœÕ}…ÊVœ˜`ˆÌˆœ˜Ã°Ê˜Ê Ò¿ÆÅËÛÕÓÑËÎÂÈÉÏÐÈÌÅÍÅÍÈ¿‰ÐÎÌÅ
âՓÊ1“ÃV…ˆ˜}i˜Ê`iÀÊ>ÃÌ]Ê`>ÊÈV…ʍi`iÀÊ >``ˆÌˆœ˜]Ê̅iÞÊ>Àiʈ`i>ÊvœÀÊψ˜}ˆ˜}Ê>ÀœÕ˜`Ê ÒÎÃÎ ÎÍÈÈÄÅÀËÜÍÎÏÎÄÕÎÄ¿ÒÄË¿
`iÀÊ Ø}iÊ«ÀœLi“œÃÊ`ÕÀV…Ê`i˜Ê>˜`iÀi˜Ê œ>`Ã]Ê>ÃÊi>V…Ê“iÌ>Êi˜`ÊwÌ̈˜}ÊV>˜Êi>ȏÞÊ ÎÁÕÂÀÒÀÃÐÓÇÀ ÒÀÊÊÀÊÊÀÆÄÀ¿ÑÊÎÁÀ
ÃÌiVŽi˜ÊB~Ì° LiÊ>ÌÌ>V…i`Ê̅ÀœÕ}…Ê̅iʘiÝÌ° ËÅÃÊÎÏÐÎÑÎÂÛÂÀÅÒÑ¿ÂÄÐÓÃÓÞ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

LˆÃÊ{xc
Õ«Ê̜Ê{xc {xcÊ `
ÄÎ`

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì


ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ Ø}i“>~


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã ˆ“°ÊœvʓiÌ>Êi˜`ÊwÌ̈˜} ÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊ`i˜Ì˜Õ““iÀʱÊ`i˜ÌÊÊÊÊÊÊÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ÀÇÌÅÐÑÊÎÁÛ
Ž} ““ ““ Óʓ Îʓ {ʓ
Ê £äää Ê nää Ê Óäää Ê £{ää Ê £äää Ê ÎäÊÝÊÇ Ê näÊÝÊÊ {ä £äÓnän™n £äÓnän™™ £äÓnä™ää
Ê Óäää £Èää Ê {äää Ê Ónää Ê Óäää Ê ÈäÊÝÊÇ £ÓxÊÝÊÊ Çx £äÓnä™ä{ £äÓnä™äx £äÓnä™äÈ
Ê Îäää Ó{ää Ê Èäää Ê {Óää Ê Îäää Ê ™äÊÝÊÇ £ÈxÊÝÊ£äx £äÓnä™£ä £äÓn䙣£ £äÓn䙣Ó
Ê {äää ÎÓää Ê näää Ê xÈää Ê {äää £ÓäÊÝÊÇ Ó£äÊÝÊ£{ä £äÓnä™£È £äÓnä™£Ç £äÓn䙣n
Ê xäää {äää £ääää Ê Çäää Ê xäää £xäÊÝÊÇ Ó{xÊÝÊ£Çä £äÓnä™ÓÓ £äÓnä™ÓÎ £äÓnä™Ó{
Ê Èäää {nää £Óäää Ê n{ää Ê Èäää £näÊÝÊÇ ÎääÊÝÊÓää £äÓnä™Ón £äÓnä™Ó™ £äÓnä™Îä
Ê näää È{ää £Èäää ££Óää Ê näää Ó{äÊÝÊÇ Î™xÊÝÊÓÇä £äÓnä™Î{ £äÓnä™Îx £äÓnä™ÎÈ
£ääää näää Óääää £{äää £ääää ÎääÊÝÊÇ Ó™äÊÝÊ,ÊnxI £äÓnä™{ä £äÓnä™{£ £äÓnä™{Ó
IÊÊ Ø}iÊvØÀÊÎääʓ“Ê >˜`LÀiˆÌiÊ­,>`ˆÕÃʈ“ÊÕv…B˜}iLiÀiˆV…Ênxʓ“®Ê˜ˆV…ÌÊvØÀÊ`i˜Ê ˆ˜Ã>Ìâʹiˆ˜v>V…Ê}iÃV…˜ØÀ̺Ê
}iiˆ}˜iÌ°Ê ˆiÃiÀÊ ˆ˜Ã>ÌâÊ>ÕvʘvÀ>}i°
IÊÊiÌ>Êi˜`ÊwÌ̈˜}ÊvœÀÊÎä䓓ÊÃÌÀ>«Ê܈`̅ʭÀ>`ˆÕÃʈ˜Ê̅iÊψ˜}ˆ˜}Ê>Ài>Ênx““®Ê˜œÌÊÃՈÌ>LiÊvœÀʺȓ«iʏœœ«i`»Ê
>««ˆV>̈œ˜Ã°Ê-«iVˆwV>̈œ˜ÃÊvœÀÊ̅ˆÃÊ>««ˆV>̈œ˜ÊV>˜ÊLiʜLÌ>ˆ˜i`ÊÕ«œ˜ÊÀiµÕiÃÌ°

ÊÎÁÀÄË¿ØÈÐÈÍÛËÅÍÒÛÌÌÐÀÄÈÓÑÂÇÎÍÅÏÎÄÂÅÑÀÌÌ ÍÅÏÎÄÕÎÄÈÒÄË¿ÈÑÏÎËÜÇÎÂÀÍÈ¿Ñ
ÒÈÏÎÌÑÒÐÎÏÎÂÊÈ}ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉw‘ÀÊÎÅÈÑÏÎËÜÇÎÂÀÍÈÅuÏÎÇÀÏÐÎÑÓ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
{{ /ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ
È
*"9/ 8‡iLiLB˜`iÀ
UÊ ÕÃʅœV…ÜiÀ̈}i“]ÊBÕ~iÀÃÌÊÀœLÕÃÌi“Ê*œÞiÃÌiÀ

*"9/ 8‡ÜiLLˆ˜}Êψ˜}Ã
UÊ >`iʜvÊ̜«‡µÕ>ˆÌÞ]ÊiÝÌÀi“iÞÊ`ÕÀ>LiÊ«œÞiÃÌiÀ

ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8
c‡ÇÂÛÑÎÊÎÊÀ×ÅÑÒÂÅÍÍÎÃÎ ÈÑÊËÞ×ÈÒÅËÜÍÎ
ÏÐÎ×ÍÎÃÎÏÎËÈÝÔÈÐÍÎÃÎÌÀÒÅÐÈÀËÀ

VŽi˜‡Ê՘`Ê>˜Ìi˜ÃV…ÕÌâ
*ÀœÌiV̈œ˜Ê>}>ˆ˜ÃÌÊVœÀ˜iÀÃÊ>˜`Êi`}iÃ
‡ÁÚÉÓÁÏÓÏÒÓÑÜÖÔÄÌÏÃÉËÑÏÍÏË

°°°ÊÊ`ˆiÊ«>ÃÃi˜`i˜Ê-V…ÕÌâÃÞÃÌi“iÊvØÀÊ*"9/ 8‡
iLiLB˜`iÀ\
°°°ÊÊ̅iÊÃՈÌ>LiÊ«ÀœÌiV̈œ˜ÊÃÞÃÌi“ÃÊvœÀÊ*"9/ 8Ê
ÜiLLˆ˜}Êψ˜}Ã\
ÐÏÅÖÏÅÀÚÉÆÈÁÚÉÓÎÜÆÒÉÒÓÆÍÜÅÌÀ
ÄÑÔÈÏÐÏÅÛÆÍÎÜÖÌÆÎÓ0/,94%8 *1‡>˜Ìi˜ÃV…œ˜iÀʓˆÌÊ>}˜iÌ

*1Êi`}iÊ«ÀœÌiV̈œ˜Ê܈̅ʓ>}˜iÌ

ŽÎËÈÓÐÅÒÀÍÎÂÀ¿ÏÐÅÄÎÕÐÀÍÈÒÅËÜÍÀ¿ÏÐÎÊËÀÄÊÀÏÎÄ
ÎÑÒÐÛÅÊÐÎÌÊÈÑÌÀÃÍÈÒÎÌ

vØÀÊiLiL>˜`LÀiˆÌi
`i˜Ì˜Õ““iÀ
*"9/ 8‡LÀˆiLÃV…ÕÌâÃV…>ÕV… vœÀÊÜiLLˆ˜}Êψ˜}Ê܈`̅
`i˜ÌʘՓLiÀ
ÄË¿ØÈÐÈÍÛ
*"9/ 8‡iݜ«Vˆ«Ê- *"9/ 8Ê>LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜ÊÏiiÛiÊ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÃÐÓÇÎÏÎÄÚÅÌÍÎÉËÅÍÒÛ
—ËÀÍà ÇÀÙÈÙÀÞÙÈÉÎÒÈÇÍÎÑÀ LˆÃÊ£näʓ“ £äÓnä™{È
0/,94%8
LˆÃÊÎääʓ“ £äÓnä™{Ç

`i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ
ÊÊÊÊʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£® `i˜ÌʘՓLiÀÊ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ

xʓ Èʓ £äʓ £Ê“ Óʓ £Ê“ Óʓ Îʓ


£äÓnä™ä£ £äÓnä™äÓ £äÓnä™äÎ £äÓnä™{n £äÓnä™{™ £äÓnä™xä £äÓnä™x£ £äÓnä™xÓ
£äÓnä™äÇ £äÓnä™än £äÓnä™ä™ *"9/ 8‡-V…ÕÌâ“>˜ÃV…iÌÌi
vØÀÊ,՘`ÃV…ˆ˜}i˜
£äÓn䙣Π£äÓn䙣{ £äÓn䙣x *"9/ 8Ê«ÀœÌiV̈ÛiÊVÕvv
£äÓn䙣™ £äÓnä™Óä £äÓnä™Ó£ vœÀÊÀœÕ˜`Êψ˜}Ã
†ÀÙÈÒÍÀ¿ÌÀÍÆÅÒÀ0/,94%8
£äÓnä™Óx £äÓnä™ÓÈ £äÓnä™ÓÇ ÄË¿ÊÐÓÃËÛÕÏÅÒÅËÜ
£äÓnä™Î£ £äÓnä™ÎÓ £äÓnä™ÎÎ ­ÊÉÄËÈÍÀrÊÎä䓓®
£äÓnä™ÎÇ £äÓnä™În £äÓnä™Î™ £äÓnä™xÎ £äÓnä™x{ £äÓnä™xx
£äÓnä™{Î £äÓnä™{{ £äÓnä™{x £äÓnä™xÎ £äÓnä™x{ £äÓnä™xx vØÀÊiLiL>˜`LÀiˆÌi
ÕÃv؅À՘} `i˜Ì˜Õ““iÀ
vœÀÊÜiLLˆ˜}Êψ˜}Ê܈`̅
œ`iÃ `i˜ÌʘՓLiÀ
ÄË¿ØÈÐÈÍÛ
ÊÎÍÑÒÐÓÊÖÈ¿ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÃÐÓÇÎÏÎÄÚÅÌÍÎÉËÅÍÒÛ
i`iÀʓˆÌʏiÌÌÛiÀÃV…Õ~ LˆÃÊÈäʓ“ £äÓnäÈ£È
i>̅iÀÊ܈̅ÊÛiVÀœÊv>ÃÌi˜iÀ
ÊÎÆÀÑÇÀÑÒÅÆÊÎÉ rËÈÏÓ×ÊÎÉs LˆÃÊÈäʓ“ £äÓnäÈ£Ç
LÀˆiLÃV…ÕÌâÃV…>ÕV…
“ˆÌʏiÌÌÛiÀÃV…Õ~ LˆÃÊÈäʓ“ £äÓnäÈ£n
LÀ>Ȝ˜Ê«ÀœÌiV̈œ˜Ê
ÏiiÛiÊ܈̅ÊÛiVÀœÊ
v>ÃÌi˜iÀ LˆÃÊÈäʓ“ £äÓnäÈ£™

—ËÀÍà ÇÀÙÈÙÀÞÙÈÕÎÒÈÇÍÎÑÀ ÑÇÀÑÒÅÆÊÎÉ sËÈÏÓ×ÊÎÉw

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
/ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ {x
È

*"9/ 8‡iLiLB˜`iÀÊâÜiˆ>}ˆ}Êiˆ˜ÃiˆÌˆ}Ê*1‡LiÃV…ˆV…ÌiÌ]ʓˆÌÊ,ØVŽi˜ÜՏÃÌÊ°°°ÊÊÊ  É Ê£{™Ó‡£

*"9/ 8ÊÌܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊȘ}i‡Ãˆ`i`Ê*1ÊVœ>̈˜}]Ê܈̅ÊLՏ}i`ÊL>VŽÊ°°°Ê±Ê‘ÓÑÏÐÏÃÏØÎÜÆÒÑÆÅÒÓÃÁÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8ÅÃÔÖÒÌÏÊÎÜÆÒÏÅÎÏÒÓÏÑÏÎÎÉÍÐÏÌÉÔÑÆÓÁÎÏÃÜÍÐÏËÑÜÓÉÆÍÒÔÓÏÌÚÆÎÎÜÍËÑÁÆÍÒÏÂÑÁÓÎÏÊÒÓÏÑÏÎÜ

°°°Ê“ˆÌÊÛiÀÃÌBÀŽÌi˜Ê՘`ÊÛiÀØ˜}Ìi˜Ê ˜`ÃV…>Õvi˜
°°°Ê܈̅ÊÀiˆ˜vœÀVi`Ê>˜`ÊÌ>«iÀi`ÊiÞiʏœœ«Ã
ÒÔÓÏÌÚÆÎÎÜÍÉËÏÎ×ÆÃÜÍÉÐÆÓÌÀÍÉÔÍÆÎÝÙÆÎÎÏÄÏÅÉÁÍÆÓÑÁ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ Iiˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Iȓ«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿
ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ -V…>Õvi˜B˜}i


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã œœ«Êi˜}̅ `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ËÅÍÒÛ
Ž} ““ V>°ÉÎÊÎËÎʓ“ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
I >V…Ê  Ê ÊˆÃÌÊ
Ê Óäää `ˆiÃiʘÃV…>}>ÀÌÊvØÀÊ Ê {äää Ê ÇäÊÝÊ£n Óxä £äÓnä™xÈ £äÓnä™xÇ £äÓnä™xn £äÓnä™x™ £äÓnä™Èä £äÓnä™È£
`ˆiÃi˜ÊiLiL>˜`ÌÞ«Ê
Ê Îäää ˜ˆV…ÌÊiÀ>ÕLÌ Ê Èäää £ääÊÝÊ£n Îää £äÓnä™ÈÓ £äÓnä™ÈÎ £äÓnä™È{ £äÓnä™Èx £äÓnä™ÈÈ £äÓnä™ÈÇ
Ê {äää  Ê ÊÃ̈«Õ>ÌiÃÊ̅>ÌÊ Ê näää £ÎäÊÝÊ£n {ää £äÓnä™Èn £äÓnä™È™ £äÓnä™Çä £äÓnä™Ç£ £äÓnä™ÇÓ £äÓnä™ÇÎ
̅ˆÃʏˆv̈˜}ʓi̅œ`ʈÃÊ
Ê xäää ˜œÌÊ«iÀ“ˆÃÈLiÊvœÀÊ̅ˆÃÊ £ääää £ÈäÊÝÊ£n {xä £äÓnä™Ç{ £äÓnä™Çx £äÓnä™ÇÈ £äÓnä™ÇÇ £äÓnä™Çn £äÓnä™Ç™
ÌÞ«iʜvÊÜiLLˆ˜}Êψ˜}°
Ê Èäää £Óäää £™äÊÝÊ£n xxä £äÓnä™nä £äÓnä™n£ £äÓnä™nÓ £äÓnä™nÎ £äÓnä™n{ £äÓnä™nx

ŽÎ$).%.ÝÒÎÒ
Ê näää ÂÈÄÑÒÐÎÏÎÂÊÈ £Èäää ÓxäÊÝÊ£n Çxä £äÓnä™nÈ £äÓnä™nÇ £äÓnä™nn £äÓnä™n™ £äÓn䙙ä
ÄË¿ÄÀÍÍÎÃÎÒÈÏÀ
ÃÐÓÇÎÏÎÄÚÅÌÍÎÉ
£ääää ËÅÍÒÛÍÅÐÀÇÐÅØÅÍ Óääää ΣäÊÝÊ£n nxä £äÓn䙙£ £äÓnä™™Ó £äÓn䙙Π£äÓn䙙{ £äÓn䙙x
ˆiÊ ˜`ÃV…>Õvi˜ÊȘ`Ê>ÕvÊV>°Ê…>LiÊ >˜`LÀiˆÌiÊÛiÀØ˜}ÌʱÊ/…iÊiÞiʏœœ«ÃÊ>ÀiÊÌ>«iÀi`Ê̜Ê>««ÀœÝ°Ê…>vÊ̅iÊψ˜}Ê܈`̅
‰ÎÍÖÅÂÛÅÏÅÒËÈÇÀÓÆÅÍÛÏÐÈÌÅÐÍÎÍÀÏÎËÎÂÈÍÓØÈÐÈÍÛËÅÍÒÛ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

°°°Ê“ˆÌÊ`ÕÀV…ÃÌiVŽL>Ài˜Ê,՘`ÃÌ>…LØ}i˜
°°°Ê܈̅ʈ˜ÃiÀÌ>LiÊÀœÕ˜`i`ÊÃÌiiÊi˜`ÊvˆÌ̈˜}Ã
ÒÏÐÑÏÅÆÃÁÆÍÜÍÉÒËÏÂÁÍÉÉÈËÑÔÄÌÏÊÒÓÁÌÉ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ Ø}i“>~


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã ˆ“°ÊœvʓiÌ>Êi˜`ÊwÌ̈˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ÀÇÌÅÐÑÊÎÁÛ
Ž} ““ ““ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
Ê Óäää £Èää Ê {äää Ê ÇäÊÝÊ£n £ÓxÊÝÊÊ Çx £äÓnä™™È £äÓnä™™Ç £äÓn䙙n £äÓn䙙™ £äÓn£äää £äÓn£ää£
Ê Îäää Ó{ää Ê Èäää £ääÊÝÊ£n £ÈxÊÝÊ£äx £äÓn£ääÓ £äÓn£ääÎ £äÓn£ää{ £äÓn£ääx £äÓn£ääÈ £äÓn£ääÇ
Ê {äää ÎÓää Ê näää £ÎäÊÝÊ£n Ó£äÊÝÊ£{ä £äÓn£ään £äÓn£ää™ £äÓn£ä£ä £äÓn£ä££ £äÓn£ä£Ó £äÓn£ä£Î
Ê xäää {äää £ääää £ÈäÊÝÊ£n Ó{xÊÝÊ£Çä £äÓn£ä£{ £äÓn£ä£x £äÓn£ä£È £äÓn£ä£Ç £äÓn£ä£n £äÓn£ä£™
Ê Èäää {nää £Óäää £™äÊÝÊ£n ÎääÊÝÊÓää £äÓn£äÓä £äÓn£äÓ£ £äÓn£äÓÓ £äÓn£äÓÎ £äÓn£äÓ{ £äÓn£äÓx
Ê näää È{ää £Èäää ÓxäÊÝÊÓ£ ΙxÊÝÊÓÇä £äÓn£äÓÈ £äÓn£äÓÇ £äÓn£äÓn £äÓn£äә £äÓn£äÎä £äÓn£äΣ
£ääää Óääää ΣäÊÝÊÓx әäÊÝÊ,ÊnxI £äÓn£äÎÓ £äÓn£äÎÎ £äÓn£äÎ{ £äÓn£äÎx £äÓn£äÎÈ £äÓn£äÎÇ
IÊ Ø}iÊvØÀÊΣäʓ“Ê >˜`LÀiˆÌiÊ­,>`ˆÕÃʈ“ÊÕv…B˜}iLiÀiˆV…Ênxʓ“®Ê˜ˆV…ÌÊvØÀÊ`i˜Ê ˆ˜Ã>Ìâʹiˆ˜v>V…Ê}iÃV…˜ØÀ̺Ê}iiˆ}˜iÌ°Ê ˆiÃiÀÊ ˆ˜Ã>ÌâÊ>ÕvʘvÀ>}i°
IÊiÌ>Êi˜`ÊwÌ̈˜}ÊvœÀÊΣäʓ“Êψ˜}Ê܈`̅ʭÀ>`ˆÕÃʜvÊnxʓ“ʈ˜ÊÃÕëi˜`i`Ê>Ài>®Ê˜œÌÊÃՈÌi`ÊvœÀʹȓ«iʏœœ«ˆ˜}ºÊ>««ˆV>̈œ˜Ã°Ê"˜Þʜ˜ÊÀiµÕiÃÌ°

ÊÎÁÛÄË¿ËÅÍÒÛØÈÐÈÍÎÉÌÌÐÀÄÈÓÑÂÇÎÍÅÏÎÄÂÅÑÊÈÌÌ ÍÅÃÎÄ¿ÒÑ¿ÄË¿ÒÈÏÀÑÒÐÎÏÎÂÊÈrÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉsœÒÎÒÒÈÏÏÎÇÀÏÐÎÑÓ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
{È /ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ
È

*"9/ 8‡iLiLB˜`iÀÊâÜiˆ>}ˆ}ÊLiˆ`ÃiˆÌˆ}Ê*1‡LiÃV…ˆV…ÌiÌÊ°°°ÊÊÊÊ  É Ê£{™Ó‡£

*"9/ 8ÊÌܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊȘ}i‡Ãˆ`i`Ê*1ÊVœ>̈˜}]Ê܈̅ÊLՏ}i`ÊL>VŽÊ°°°
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8ÅÃÔÖÒÌÏÊÎÜÆÒÅÃÔÖÒÓÏÑÏÎÎÉÍÐÏÌÉÔÑÆÓÁÎÏÃÜÍÐÏËÑÜÓÉÆÍ

°°°ÊʓˆÌÊÛiÀÃÌBÀŽÌi˜Ê՘`ÊÛiÀØ˜}Ìi˜Ê ˜`ÃV…>Õvi˜
°°°Ê܈̅ÊÀiˆ˜vœÀVi`Ê>˜`ÊÌ>«iÀi`ÊiÞiʏœœ«Ã
ÒÔÓÏÌÚÆÎÎÜÍÉËÏÎ×ÆÃÜÍÉÐÆÓÌÀÍÉÔÍÆÎÝÙÆÎÎÏÄÏÅÉÁÍÆÓÑÁ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ Iiˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Iȓ«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿
ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ -V…>Õvi˜B˜}i


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã œœ«Êi˜}̅ `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ËÅÍÒÛ
Ž} ““ V>°ÉÎÊÎËÎʓ“ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
£äää I >V…Ê  Ê ÊˆÃÌÊ Óäää Ê {äÊÝÊ£n Óxä £äÓn£äÎn £äÓn£äΙ £äÓn£ä{ä £äÓn£ä{£ £äÓn£ä{Ó £äÓn£ä{Î
`ˆiÃiʘÃV…>}>ÀÌÊvØÀÊ
Ê Óäää `ˆiÃi˜ÊiLiL>˜`ÌÞ«Ê Ê {äää Ê ÇäÊÝÊ£n Óxä £äÓn£ä{{ £äÓn£ä{x £äÓn£ä{È £äÓn£ä{Ç £äÓn£ä{n £äÓn£ä{™
˜ˆV…ÌÊiÀ>ÕLÌ
Ê Îäää Ê Èäää £ääÊÝÊ£n Îää £äÓn£äxä £äÓn£äx£ £äÓn£äxÓ £äÓn£äxÎ £äÓn£äx{ £äÓn£äxx
 Ê ÊÃ̈«Õ>ÌiÃÊ̅>ÌÊ
Ê {äää ̅ˆÃʏˆv̈˜}ʓi̅œ`ʈÃÊ Ê näää £ÎäÊÝÊ£n {ää £äÓn£äxÈ £äÓn£äxÇ £äÓn£äxn £äÓn£äx™ £äÓn£äÈä £äÓn£äÈ£
˜œÌÊ«iÀ“ˆÃÈLiÊvœÀÊ̅ˆÃÊ
Ê xäää ÌÞ«iʜvÊÜiLLˆ˜}Êψ˜}° £ääää £ÈäÊÝÊ£n {xä £äÓn£äÈÓ £äÓn£äÈÎ £äÓn£äÈ{ £äÓn£äÈx £äÓn£äÈÈ £äÓn£äÈÇ
Ê Èäää
ŽÎ$).%.ÝÒÎÒ £Óäää £™äÊÝÊ£n xxä £äÓn£äÈn £äÓn£äș £äÓn£äÇä £äÓn£äÇ£ £äÓn£äÇÓ £äÓn£äÇÎ
ÂÈÄÑÒÐÎÏÎÂÊÈ
Ê näää ÄË¿ÄÀÍÍÎÃÎÒÈÏÀ £Èäää ÓxäÊÝÊ£n Çxä £äÓn£äÇ{ £äÓn£äÇx £äÓn£äÇÈ £äÓn£äÇÇ £äÓn£äÇn
ÃÐÓÇÎÏÎÄÚÅÌÍÎÉ
£ääää ËÅÍÒÛÍÅÐÀÇÐÅØÅÍ Óääää ΣäÊÝÊ£n nxä £äÓn£äǙ £äÓn£änä £äÓn£än£ £äÓn£änÓ £äÓn£änÎ
ˆiÊ ˜`ÃV…>Õvi˜ÊȘ`Ê>ÕvÊV>°Ê…>LiÊ >˜`LÀiˆÌiÊÛiÀØ˜}Ì°Ê iˆÊ{äʓ“‡iLiL>˜`ÊV>°ÊÎxʓ“Ê-V…>Õvi˜LÀiˆÌiʱÊ/…iÊiÞiʏœœ«Ãʅ>ÛiÊLii˜Ê
Ì>«iÀi`Ê̜Ê>««ÀœÝ°Ê…>vÊ̅iÊÃÌÀ>«Ê܈`̅°Ê««ÀœÝ°ÊÎx““ʏœœ«Ê܈`̅ÊvœÀÊ{䓓ÊÜiLLˆ˜}Êψ˜}ʱʉÎÍÖÅÂÛÅÏÅÒËÈÇÀÓÆÅÍÛ ÏÐÈÌÅÐÍÎ ÍÀ
ÏÎËÎÂÈÍÓØÈÐÈÍÛËÅÍÒÛŽÐÈØÈÐÈÍÅÃÐÓÇÎÏÎÄÚÅÌÍÎÉËÅÍÒÛÌÌØÈÐÈÍÀÊÎÍÖÅÂÎÉÏÅÒËÈÑÎÑÒÀÂË¿ÅÒÎÊÎËÎÌÌ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

°°°Ê“ˆÌÊ`ÕÀV…ÃÌiVŽL>Ài˜Ê,՘`ÃÌ>…LØ}i˜
°°°Ê܈̅ʈ˜ÃiÀÌ>LiÊÀœÕ˜`i`ÊÃÌiiÊi˜`ÊvˆÌ̈˜}Ã
ÒÏÐÑÏÅÆÃÁÆÍÜÍÉÒËÏÂÁÍÉÉÈËÑÔÄÌÏÊÒÓÁÌÉ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ Ø}i“>~


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã ˆ“°ÊœvʓiÌ>Êi˜`ÊwÌ̈˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ËÅÍÒÛ
Ž} ““ ““ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
£äää nää Ê Óäää Ê {äÊÝÊ£n Ê näÊÝÊÊ {ä £äÓn£än{ £äÓn£änx £äÓn£änÈ £äÓn£änÇ £äÓn£änn £äÓn£än™
Ê Óäää £Èää Ê {äää Ê ÇäÊÝÊ£n £ÓxÊÝÊÊ Çx £äÓn£ä™ä £äÓn£ä™£ £äÓn£ä™Ó £äÓn£ä™Î £äÓn£ä™{ £äÓn£ä™x
Ê Îäää Ó{ää Ê Èäää £ääÊÝÊ£n £ÈxÊÝÊ£äx £äÓn£ä™È £äÓn£ä™Ç £äÓn£ä™n £äÓn£ä™™ £äÓn££ää £äÓn££ä£
Ê {äää ÎÓää Ê näää £ÎäÊÝÊ£n Ó£äÊÝÊ£{ä £äÓn££äÓ £äÓn££äÎ £äÓn££ä{ £äÓn££äx £äÓn££äÈ £äÓn££äÇ
Ê xäää {äää £ääää £ÈäÊÝÊ£n Ó{xÊÝÊ£Çä £äÓn££än £äÓn££ä™ £äÓn£££ä £äÓn££££ £äÓn£££Ó £äÓn£££Î
Ê Èäää {nää £Óäää £™äÊÝÊ£n ÎääÊÝÊÓää £äÓn£££{ £äÓn£££x £äÓn£££È £äÓn£££Ç £äÓn£££n £äÓn£££™
Ê näää È{ää £Èäää ÓxäÊÝÊÓ£ ΙxÊÝÊÓÇä £äÓn££Óä £äÓn££Ó£ £äÓn££ÓÓ £äÓn££ÓÎ £äÓn££Ó{ £äÓn££Óx
£ääää Óääää ΣäÊÝÊÓx әäÊÝÊ,ÊnxI £äÓn££ÓÈ £äÓn££ÓÇ £äÓn££Ón £äÓn££Ó™ £äÓn££Îä £äÓn££Î£
IÊ Ø}iÊvØÀÊΣäʓ“Ê >˜`LÀiˆÌiÊ­,>`ˆÕÃʈ“ÊÕv…B˜}iLiÀiˆV…Ênxʓ“®Ê˜ˆV…ÌÊvØÀÊ`i˜Ê ˆ˜Ã>Ìâʹiˆ˜v>V…Ê}iÃV…˜ØÀ̺Ê}iiˆ}˜iÌ°Ê ˆiÃiÀÊ ˆ˜Ã>ÌâÊ>ÕvʘvÀ>}i°
IÊiÌ>Êi˜`ÊwÌ̈˜}ÊvœÀÊΣäʓ“Êψ˜}Ê܈`̅ʭÀ>`ˆÕÃʜvÊnxʓ“ʈ˜ÊÃÕëi˜`i`Ê>Ài>®Ê˜œÌÊÃՈÌi`ÊvœÀʹȓ«iʏœœ«ˆ˜}ºÊ>««ˆV>̈œ˜Ã°Ê"˜Þʜ˜ÊÀiµÕiÃÌ°

ÊÎÁÛÄË¿ËÅÍÒÛØÈÐÈÍÎÉÌÌÐÀÄÈÓÑÂÇÎÍÅÏÎÄÂÅÑÊÈÌÌ ÍÅÃÎÄ¿ÒÑ¿ÄË¿ÒÈÏÀÑÒÐÎÏÎÂÊÈrÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉsœÒÎÒÒÈÏÏÎÇÀÏÐÎÑÓ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
/ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ {Ç
È

*"9/ 8‡iLiLB˜`iÀÊiˆ˜>}ˆ}ʓˆÌÊÛiÀÃÌBÀŽÌi˜Ê՘`ÊÛiÀØ˜}Ìi˜Ê ˜`ÃV…>Õvi˜ÊÊÊ  É Ê£{™Ó‡£

*"9/ 8ÊȘ}i‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ÊÀiˆ˜vœÀVi`Ê>˜`ÊÌ>«iÀi`ÊiÞiʏœœ«Ã°
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8ÏÅÎÏÒÌÏÊÎÜÆÒÔÓÏÌÚÆÎÎÜÍÉËÏÎ×ÆÃÜÍÉÐÆÓÌÀÍÉÔÍÆÎÝÙÆÎÎÏÄÏÅÉÁÍÆÓÑÁ

ˆiÊLÀiˆÌiÊÕy>}iyBV…iÊÜÀ}ÌÊvØÀÊiˆ˜iÊ /…iÊ܈`iÊVœ˜Ì>VÌÊ>Ài>Êi˜ÃÕÀiÃÊiÛi˜Êœ>`Ê —ÈÐÎÊÀ¿ÎÏÎÐÍÀ¿ÏÎÂÅÐÕÍÎÑÒÜ


}iˆV…“B~ˆ}iÊ ÀÕVŽÛiÀÌiˆÕ˜}Ê>ÕvÊ`iÀÊ>ÃÌ°Ê `ˆÃÌÀˆLṎœ˜°Êˆ˜`Ê̜ÊÃÕÀv>ViðÊ-ՈÌ>LiÊvœÀÊ ÎÁÅÑÏÅ×ÈÂÀÅÒÐÀÂÍÎÌÅÐÍÎÅ
"LiÀyBV…i˜ÃV…œ˜i˜`°Ê<ՓÊiLi˜Êi“«‡ ˆv̈˜}ÊÃi˜ÃˆÌˆÛiÊ}œœ`ð ÐÀÑÏÐÅÄÅËÅÍÈÅÄÀÂËÅÍÈ¿ÍÀÃÐÓÇŒÅ
w˜`ˆV…iÀÊØÌiÀ° ÎÊÀÇÛÂÀÅÒÑÈËÜÍÎÃÎÏÎÂÐÅÆÄÀÞÙÅÃÎ
ÄÅÉÑÒÂÈ¿ÍÀÏÎÂÅÐÕÍÎÑÒ܃˿
ÏÎÄÚÅÌÀÃÐÓÇÎÂÑËÅÃÊÎÏÎÂÐÅÆÄÀÅÌÎÉ
ÏÎÂÅÐÕÍÎÑÒÜÞ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ Iiˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Iȓ«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿
ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ -V…>Õvi˜B˜}i


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã œœ«Êi˜}̅ `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ËÅÍÒÛ
Ž} ““ V>°ÉÎÊÎËÎʓ“ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
Ê xää Ê {ää Ê £äää Ê ÎäÊÝÊÎ Óxä £äÓn££ÎÓ £äÓn££ÎÎ £äÓn££Î{ £äÓn££Îx £äÓn££ÎÈ £äÓn££ÎÇ
£äää Ê nää Ê Óäää Ê ÈäÊÝÊÎ Óxä £äÓn££În £äÓn££Î™ £äÓn££{ä £äÓn££{£ £äÓn££{Ó £äÓn££{Î
£xää £Óää Ê Îäää Ê ™äÊÝÊÎ Îää £äÓn££{{ £äÓn££{x £äÓn££{È £äÓn££{Ç £äÓn££{n £äÓn££{™
Óäää £Èää Ê {äää £ÓäÊÝÊ{ {ää £äÓn££xä £äÓn££x£ £äÓn££xÓ £äÓn££xÎ £äÓn££x{ £äÓn££xx
Óxää Óäää Ê xäää £xäÊÝÊ{ {xä £äÓn££xÈ £äÓn££xÇ £äÓn££xn £äÓn££x™ £äÓn££Èä £äÓn££È£
Îäää Ó{ää Ê Èäää £näÊÝÊ{ xxä £äÓn££ÈÓ £äÓn££ÈÎ £äÓn££È{ £äÓn££Èx £äÓn££ÈÈ £äÓn££ÈÇ
{äää ÎÓää Ê näää Ó{äÊÝÊx Çxä £äÓn££Èn £äÓn££È™ £äÓn££Çä £äÓn££Ç£ £äÓn££ÇÓ
xäää {äää £ääää ÎääÊÝÊx nxä £äÓn££ÇÎ £äÓn££Ç{ £äÓn££Çx £äÓn££ÇÈ £äÓn££ÇÇ
ˆiÊ ˜`ÃV…>Õvi˜ÊȘ`Ê>ÕvÊV>°Ê…>LiÊ >˜`LÀiˆÌiÊÛiÀØ˜}Ì]ÊۜiÊ >˜`LÀiˆÌiÊLiˆÊÎäʓ“‡iLiL>˜`Ê
/…iÊiÞiʏœœ«ÃÊ>ÀiÊÌ>«iÀi`Ê̜Ê>««ÀœÝ°Ê…>vÊ̅iÊψ˜}Ê܈`̅]ÊvՏÊ܈`̅ÊvœÀÊÎ䓓ÊÜiLLˆ˜}Êψ˜}ÃÊ
‰ÎÍÖÅÂÛÅÏÅÒËÈÇÀÓÆÅÍÛÏÐÈÌÅÐÍÎÍÀÏÎËÎÂÈÍÓØÈÐÈÍÛËÅÍÒÛ ÏÎËÍÀ¿ØÈÐÈÍÀËÅÍÒÛÏÐÈÃÐÓÇÎÏÎÄÚÅÌÍÎÉÌÌ ËÅÍÒÅ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
{n /ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ
È

*"9/ 8‡-V…ÜiÀ>Ã̇iLiLB˜`iÀÊۈiÀ>}ˆ}ʓˆÌÊÛiÀÃÌBÀŽÌi˜Ê՘`ÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊ  É Ê£{™Ó‡£

ÛiÀØ˜}Ìi˜Ê ˜`ÃV…>Õvi˜
*"9/ 8ÊvœÕÀ‡>ÞiÀʅi>Ûއœ>`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ÊÀiˆ˜vœÀVi`Ê>˜`ÊÌ>«iÀi`ÊiÞiʏœœ«Ã
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8ÅÌÀÓÀÇÆÌÜÖÄÑÔÈÏà ØÆÓÜÑÆÖÒÌÏÊÎÜÆÒÔÓÏÌÚÆÎÎÜÍÉËÏÎ×ÆÃÜÍÉÐÆÓÌÀÍÉÔÍÆÎÝÙÆÎÎÏÄÏÅÉÁÍÆÓÑÁ

ÕÀV…ÊۈiÀÊ>Õviˆ˜>˜`iÀˆi}i˜`iÊ >˜`>}i˜Ê œÕÀÊÃÌ>VŽi`ʏ>ÞiÀÃʜvÊψ˜}ÃÊ«ÀœÛˆ`iʅˆ}…Ê €ËÀÃÎÄÀп×ÅÒÛÐÅÌÍÀËÎÆÅÍÍÛÌ


…œ…iÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊLiܘ`iÀÃÊÃV…“>iÀÊ œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ>˜`ÊÓ>Êψ˜}Ê ÄÐÓÃÍÀÄÐÓÃÀÑËοÌËÅÍÒÛÂÛÑÎÊÀ¿
>˜`LÀiˆÌi°ÊiÀˆ˜}iÊÕy>}iyBV…i°ÊÕ~iÀÃÌÊ Üˆ`̅°Ê-“>ÊVœ˜Ì>VÌÊ>Ài>°Ê6iÀÞÊÀœLÕÃÌ°ÊœÀÊ ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÐÈÎ×ÅÍÜ
ÀœLÕÃÌ°ÊØÀÊiÝÌÀi“ÊÃV…ÜiÀiÊ>ÃÌi˜° iÝÌÀi“iÞʅi>ÛÞʏœ>`ð ÓÇÊÎÉËÅÍÒÅŒÅÁÎËÜØÀ¿ÎÏÎÐÍÀ¿
ÏÎÂÅÐÕÍÎÑÒ܇ÑÊËÞ×ÈÒÅËÜÍÀ¿
ÍÀÄÅÆÍÎÑÒ܃˿ÎÑÎÁÎÒ¿ÆÅËÛÕÃÐÓÇÎÂ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ Iiˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Iȓ«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿
ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ -V…>Õvi˜B˜}i


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã œœ«Êi˜}̅ `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ËÅÍÒÛ
Ž} ““ V>°ÉÎÊÎËÎʓ“ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
Ê Óäää Ê £Èää Ê {äää Ê ÎäÊÝÊÊ £{ Ê Îxä £äÓn££Çn £äÓn££Ç™ £äÓn££nä £äÓn££n£ £äÓn££nÓ £äÓn££nÎ
Ê {äää Ê ÎÓää Ê näää Ê ÈäÊÝÊÊ £{ Ê {ää £äÓn££n{ £äÓn££nx £äÓn££nÈ £äÓn££nÇ £äÓn££nn £äÓn££n™
Ê Èäää Ê {nää £Óäää Ê ™äÊÝÊÊ £{ Ê Èää £äÓn££™ä £äÓn££™£ £äÓn££™Ó £äÓn££™Î £äÓn££™{ £äÓn££™x
Ê näää Ê È{ää £Èäää £ÓäÊÝÊÊ £È Ê nää £äÓn££™È £äÓn££™Ç £äÓn££™n £äÓn££™™ £äÓn£Óää
£ääää Ê näää Óääää £xäÊÝÊÊ £È ££ää £äÓn£Óä£ £äÓn£ÓäÓ £äÓn£ÓäÎ £äÓn£Óä{
£Óäää Ê ™Èää Ó{äää £näÊÝÊÊ £È £Îää £äÓn£Óäx £äÓn£ÓäÈ £äÓn£ÓäÇ £äÓn£Óän
£Èäää £Ónää ÎÓäää Ó{äÊÝÊ£nä £Èää £äÓn£Óä™ £äÓn£Ó£ä £äÓn£Ó££ £äÓn£Ó£Ó
Óääää £Èäää {ääää ÎääÊÝÊ£nä Óäää £äÓn£Ó£Î £äÓn£Ó£{ £äÓn£Ó£x
ˆiÊ ˜`ÃV…>Õvi˜ÊȘ`Ê>ÕvÊV>°Ê…>LiÊ >˜`LÀiˆÌiÊÛiÀØ˜}Ì]ÊۜiÊ >˜`LÀiˆÌiÊLiˆÊÎäʓ“‡iLiL>˜`ʱÊ/…iÊiÞiʏœœ«ÃÊ>ÀiÊÌ>«iÀi`Ê̜Ê>««ÀœÝ°Ê…>vÊ
̅iÊψ˜}Ê܈`̅]ÊvՏÊ܈`̅ÊvœÀÊÎ䓓ÊÜiLLˆ˜}Êψ˜}ÃʱʉÎÍÖÅÂÛÅÏÅÒËÈÇÀÓÆÅÍÛÏÐÈÌÅÐÍÎÍÀÏÎËÎÂÈÍÓØÈÐÈÍÛËÅÍÒÛ ÏÎËÍÀ¿ØÈÐÈÍÀ
ËÅÍÒÛÏÐÈÃÐÓÇÎÏÎÄÚÅÌÍÎÉÌÌ ËÅÍÒÅ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
/ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ {™
È

*"9/ 8‡ ˜`œÃ…iLiLB˜`iÀÊÊ  É Ê£{™Ó‡£

*"9/ 8Êi˜`iÃÃÊÜiLLˆ˜}Êψ˜}ÃʱʁÆÒËÏÎÆØÎÜÆÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8

iˆ˜>}ˆ}
Ș}i‡>ÞiÀ
ÏÅÎÏÒÌÏÊÎÜÆ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ Iiˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Iȓ«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿
ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ
Ž} ““ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
Ê £äää Ê nää Ê Óäää Ê ÎäÊÝÊÎ ÇÎxääÓään £äÓn£Ó£È £äÓn£Ó£Ç £äÓn£Ó£n £äÓn£Ó£™ £äÓn£ÓÓä
Ê Óäää £Èää Ê {äää Ê ÈäÊÝÊÎ £äÓn£ÓÓ£ £äÓn£ÓÓÓ £äÓn£ÓÓÎ £äÓn£ÓÓ{ £äÓn£ÓÓx £äÓn£ÓÓÈ
Ê Îäää Ó{ää Ê Èäää Ê ™äÊÝÊÎ £äÓn£ÓÓÇ £äÓn£ÓÓn £äÓn£Óә £äÓn£ÓÎä £äÓn£ÓΣ £äÓn£ÓÎÓ
Ê {äää ÎÓää Ê näää £ÓäÊÝÊ{ £äÓn£ÓÎÎ £äÓn£ÓÎ{ £äÓn£ÓÎx £äÓn£ÓÎÈ £äÓn£ÓÎÇ £äÓn£ÓÎn
Ê xäää {äää £ääää £xäÊÝÊ{ £äÓn£ÓΙ £äÓn£Ó{ä £äÓn£Ó{£ £äÓn£Ó{Ó £äÓn£Ó{Î £äÓn£Ó{{
Ê Èäää {nää £Óäää £näÊÝÊ{ £äÓn£Ó{x £äÓn£Ó{È £äÓn£Ó{Ç £äÓn£Ó{n £äÓn£Ó{™ £äÓn£Óxä
Ê näää È{ää £Èäää Ó{äÊÝÊx £äÓn£Óx£ £äÓn£ÓxÓ £äÓn£ÓxÎ £äÓn£Óx{ £äÓn£Óxx £äÓn£ÓxÈ
£ääää näää Óääää ÎääÊÝÊx £äÓn£ÓxÇ £äÓn£Óxn £äÓn£Óx™ £äÓn£ÓÈä £äÓn£ÓÈ£ £äÓn£ÓÈÓ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
xä /ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ
È

*"9/ 8‡ ˜`œÃ…iLiLB˜`iÀÊÊ  É Ê£{™Ó‡£

*"9/ 8Êi˜`iÃÃÊÜiLLˆ˜}Êψ˜}ÃʱʁÆÒËÏÎÆØÎÜÆÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜ0/,94%8

œ««iÌiÊ/À>}vB…ˆ}ŽiˆÌʈ“Ê6iÀ}iˆV…ÊâÕÊ œÕLiÊ̅iʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞʜvÊȘ}i‡ ƒÂÎÉÍÀ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÎ


iˆ˜>}ˆ}i˜Ê ˜`œÃ…iLiLB˜`iÀ˜ÊLiˆÊ}iˆV…iÀÊ >ÞiÀÊi˜`iÃÃÊÜiLLˆ˜}Êψ˜}Ãʅ>ۈ˜}Ê̅iÊ ÑÐÀÂÍÅÍÈÞÑÎÄÍÎÑËÎÉÍÛÌÈ
>˜`LÀiˆÌi°ÊœÀ“ÃÌ>LˆiÀÊ>ÃÊ,՘`ÃV…ˆ˜}i˜° Ã>“iÊ܈`̅°ÊœÀiÊÃÌ>LiÊ̅>˜ÊÀœÕ˜`Êψ˜}ð ÁÅÑÊÎÍÅ×ÍÛÌÈÃÐÓÇÎÏÎÄÚÅÌÍÛÌÈ
ËÅÍÒÀÌÈÏÐÈÎÄÈÍÀÊÎÂÎÉØÈÐÈÍÅ
ËÅÍÒÛ€ÎËÅÅÓÑÒÎÉ×ÈÂÀ¿ÔÎÐÌÀÏÎ
ÑÐÀÂÍÅÍÈÞÑÊÐÓÃËÛÌÈÏÅÒË¿ÌÈ

âÜiˆ>}ˆ}
Ìܜ‡>ÞiÀ
ÅÃÔÖÒÌÏÊÎÜÆ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ


iˆ˜v>V…Ê`ˆÀiŽÌ Iiˆ˜v>V…Ê}iÃV…˜ØÀÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ Iȓ«iʏœœ«i` SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿
ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ
Ž} ““ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
Ê Óäää Ê £Èää Ê {äää Ê ÎäÊÝÊÇ £äÓn£ÓÈÎ £äÓn£ÓÈ{ £äÓn£ÓÈx £äÓn£ÓÈÈ £äÓn£ÓÈÇ £äÓn£ÓÈn
Ê {äää Ê ÎÓää Ê näää Ê ÈäÊÝÊÇ £äÓn£Óș £äÓn£ÓÇä £äÓn£ÓÇ£ £äÓn£ÓÇÓ £äÓn£ÓÇÎ £äÓn£ÓÇ{
Ê Èäää Ê {nää £Óäää Ê ™äÊÝÊÇ £äÓn£ÓÇx £äÓn£ÓÇÈ £äÓn£ÓÇÇ £äÓn£ÓÇn £äÓn£ÓǙ £äÓn£Ónä
Ê näää Ê È{ää £Èäää £ÓäÊÝÊn £äÓn£Ón£ £äÓn£ÓnÓ £äÓn£ÓnÎ £äÓn£Ón{ £äÓn£Ónx £äÓn£ÓnÈ
£ääää Ê näää Óääää £xäÊÝÊn £äÓn£ÓnÇ £äÓn£Ónn £äÓn£Ón™ £äÓn£Ó™ä £äÓn£Ó™£ £äÓn£Ó™Ó
£Óäää Ê ™Èää Ó{äää £näÊÝÊn £äÓn£Ó™Î £äÓn£Ó™{ £äÓn£Ó™x £äÓn£Ó™È £äÓn£Ó™Ç £äÓn£Ó™n
£Èäää £Ónää ÎÓäää Ó{äÊÝʙ £äÓn£Ó™™ £äÓn£Îää £äÓn£Îä£ £äÓn£ÎäÓ £äÓn£ÎäÎ £äÓn£Îä{
Óääää £Èäää {ääää ÎääÊÝʙ £äÓn£Îäx £äÓn£ÎäÈ £äÓn£ÎäÇ £äÓn£Îän £äÓn£Îä™ £äÓn£Î£ä
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
/ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ x£
È

>˜`Ãiˆ‡iLiLB˜`iÀÊ°°°ÊÊ  É Ê£{™Ó‡£

7ˆÀi‡L>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ°°°Ê±ÊƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÏØÎÜÆËÁÎÁÓÜ

UÊ ÊÕ~iÀÃÌÊÀœLÕÃÌiÃʘÃV…>}“ˆÌÌiÊvØÀÊ UÊ 6iÀÞÊÀœLÕÃÌʏˆv̈˜}Ê`iۈViÊvœÀÊiÝÌÀi“iÊ c ‡ÑÊËÞ×ÈÒÅËÜÍÎÍÀÄÅÆÍÎÅ


iÝÌÀi“iÊ ˆ˜ÃBÌâi >««ˆV>̈œ˜Ã ÑÒÐÎÏÎÂÎ×ÍÎÅÑÐÅÄÑÒÂÎÄË¿ÑÀÌÛÕ
UÊ ÊÕÃÊÛiÀ∘ŽÌi˜Ê-Ì>…`À>…ÌÃiˆi˜]Ê>L܏ÕÌÊ UÊ >˜Õv>VÌÕÀi`ÊvÀœ“Ê∘V‡«>Ìi`ÊÃÌiiÊ܈ÀiÊ Ò¿ÆÅËÛÕÓÑËÎÂÈÉÏÐÈÌÅÍÅÍÈ¿
`À>vÀiˆ V>LiÃ]ÊVœ“«iÌiÞÊÌ܈Ã̇vÀii c ‡ÇÎÖÈÍÊÎÂÀÍÍÛÕÑÒÀËÜÍÛÕÊÀÍÀÒÎÂ
UÊ ÊÕÌiÊ ÀÕVŽÛiÀÌiˆÕ˜}Ê`ÕÀV…ÊLÀiˆÌiÊÕy>‡ UÊ 7ˆ`iÊVœ˜Ì>VÌÊ>Ài>Êi˜ÃÕÀiÃÊiÛi˜Êœ>`Ê ÑÎÂÅÐØÅÍÍÎÍÅÑÊÐÓ×ÈÂÀÞÙÈÕÑ¿
}iyBV…i `ˆÃÌÀˆLṎœ˜ c ”ÎÐÎØÅÅÐÀÑÏÐÅÄÅËÅÍÈÅÄÀÂËÅÍÈ¿
UÊ Êœ…iÊiLi˜Ã`>ÕiÀ UÊ œ˜}ʏˆvi ÁËÀÃÎÄÀпØÈÐÎÊÎÉÎÏÎÐÍÎÉ
ÏÎÂÅÐÕÍÎÑÒÈ
c €ÎËÜØÎÉÑÐÎÊÑËÓÆÁÛ

-V…œ˜i˜`iÊ i…>˜`Õ˜}Ê`iÃÊ>`i}ÕÌÃ]Ê ˆ˜`Ê̜ʏœ>`ÊÃÕÀv>ViÃÊ>ÃÊ̅iÀiÊ>ÀiʘœÊ ˜ÀÄ¿ÙÅÅÎÁÐÀÙÅÍÈÅÑÃÐÓÇÎÌ ÒÊ


`>ʎiˆ˜iÊ*՘ŽÌLi>ÃÌ՘}Ê܈iÊLiˆÊ-iˆÊœ`iÀÊ «ÀiÃÃÕÀiÊ«œˆ˜ÌÃÊ܅i˜ÊVœ“«>Ài`Ê̜ÊV>LiÃÊ ÎÒÑÓÒÑÒÂÓÅÒÒÎ×Å×ÍÀ¿ÍÀÃÐÓÇÊÀ ÒÀÊÀ¿
iÌÌi œÀÊV…>ˆ˜Ã° ÊÀÊÏÐÈÈÑÏÎËÜÇÎÂÀÍÈÈÊÀÍÀÒÀÈËÈÖÅÏÈ

“ˆÌÊ Ø}i˜]ÊÛiÀ∘ŽÌ
܈̅Ê∘V‡«>Ìi`ʓiÌ>Êi˜`ÊvˆÌ̈˜}Ã
ÒÏÒËÏÂÁÍÉ Ï×ÉÎËÏÃÁÎÎÜÍÉ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…ÊՓ}ii}Ì
ȓ«iÊ`ˆÀiVÌ SIMPLYTURNEDOVER
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÎÏÅÐÅËÎÆÅÍ

/À>}vB…ˆ}ŽiˆÌ >˜`“>~ Ø}i“>~


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -ÌÀ>«Ê`ˆ“i˜Ãˆœ˜Ã ˆ“°ÊœvʓiÌ>Êi˜`ÊwÌ̈˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­£®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ‘ÈÏÎÐÀÇÌÅÐËÅÍÒÛ ËÅÍÒÛ
Ž} ““ ““ Óʓ Îʓ {ʓ xʓ Èʓ nʓ
Ê Óäää Ê {äää Ê xäÊÝÊÊ È Ê ™xÊÝÊÊ nä  £äÓn£Î£Ó £äÓn£Î£Î £äÓn£Î£{ £äÓn£Î£x £äÓn£Î£È
Ê Îäää Ê Èäää Ê ÈxÊÝÊÊ È Ê ™xÊÝÊÊ nä £äÓn£Î£Ç £äÓn£Î£n £äÓn£Î£™ £äÓn£ÎÓä £äÓn£ÎÓ£ £äÓn£ÎÓÓ
Ê Èäää £Óäää ££äÊÝÊÊ Ç £{äÊÝÊ£Óä £äÓn£ÎÓÎ £äÓn£ÎÓ{ £äÓn£ÎÓx £äÓn£ÎÓÈ £äÓn£ÎÓÇ £äÓn£ÎÓn
Ê näää £Èäää ££äÊÝÊ£ä £ÈäÊÝÊ£Óä £äÓn£Îә £äÓn£ÎÎä £äÓn£ÎΣ £äÓn£ÎÎÓ £äÓn£ÎÎÎ £äÓn£ÎÎ{
£Óäää Ó{äää £{äÊÝÊ£ä £ÇxÊÝÊ£xä £äÓn£ÎÎx £äÓn£ÎÎÈ £äÓn£ÎÎÇ £äÓn£ÎÎn £äÓn£ÎΙ £äÓn£Î{ä
£Çäää Î{äää £näÊÝÊ£x ÓääÊÝÊÓää £äÓn£Î{£ £äÓn£Î{Ó £äÓn£Î{Î £äÓn£Î{{ £äÓn£Î{x £äÓn£Î{È
ˆÃÊÈäääʎ}Ê/À>}vB…ˆ}ŽiˆÌÊ Ø}iÊLiÜi}ˆV…Êiˆ˜}i«Ài~Ì]Ê>LÊnäääʎ}Ê/À>}vB…ˆ}ŽiˆÌÊ Ø}iÊLiÜi}ˆV…Êiˆ˜}i˜B…Ì°
1«Ê̜ÊÈ]äääʎ}ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ]ʓœÛˆ˜}ʓiÌ>Êi˜`ÊwÌ̈˜}Ê«ÀiÃÃÊwÌÌi`]ÊÕ«Ü>À`ÃʜvÊn]äääʎ}ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ]ʓœÛˆ˜}ʓiÌ>Êi˜`ÊwÌ̈˜}ÊÃ̈ÌV…i`
ƒÎÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÊÃÑÊÎÁÀ ÎÑÒÀÞÙÀ¿Ñ¿ÏÎÄÂÈÆÍÎÉ ÂÏÐÅÑÑÎÂÀÍÀÍÀ×ÈÍÀ¿ÑÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÊÃÑÊÎÁÀ ÎÑÒÀÞÙÀ¿Ñ¿ÏÎÄÂÈÆÍÎÉ ÏÐÈØÈÒÀ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
xÓ /ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ
È

>˜`Ãiˆ‡iLiLB˜`iÀÊLˆÃÊ£ää äääʎ}Ê/À>}vB…ˆ}ŽiˆÌ]ʓˆÌÊ>˜`iÀi˜Ê ˜`ÛiÀLˆ˜`՘}i˜]Ê


ˆ˜ÊÛՏŽ>˜ˆÃˆiÀÌiÀʜ`iÀÊ*1‡LiÃV…ˆV…ÌiÌiÀÊÕÃv؅À՘}Ê>ÕvʘvÀ>}i
7ˆÀi‡L>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊvœÀʏœ>`ÃÊÕ«Ê̜ʣää]äääʎ}]Ê܈̅ʜ̅iÀÊi˜`ÊvˆÌ̈˜}Ã]ʈ˜ÊÛՏV>˜ˆÃi`ʜÀÊ*1‡Vœ>Ìi`ÊvœÀ“Êœ˜ÊÀiµÕiÃÌ
ƒÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÏØÎÜÆËÁÎÁÓÜÄÑÔÈÏÐÏÅÛÆÍÎÏÒÓÝßÅÏËÄ ÒÅÑÔÄÉÍÉËÏÎ×ÆÃÜÍÉÒÏÆÅÉÎÆÎÉÀÍÉ
ÃÔÌËÁÎÉÈÉÑÏÃÁÎÎÜÆÉÌÉÒÐÏÌÉÔÑÆÓÁÎÏÃÜÍÐÏËÑÜÓÉÆÍÐÏÈÁÐÑÏÒÔ

â° °Ê“ˆÌÊ Ø}i˜]Ê i°}°Ê܈̅Êi˜`ÊvˆÌ̈˜}Ã]Ê ÎÁÐÑÒÏÒËÏÂÁÍÉ Ï×ÉÎËÏÃÁÎÎÜÍÉÉÌÉ


ÛiÀ∘ŽÌÊ՘`ÊÛՏŽ>˜ˆÃˆiÀÌ âˆ˜V‡«>Ìi`Ê>˜`ÊÛՏV>˜ˆÃi` ÃÔÌËÁÎÉÈÉÑÏÃÁÎÎÜÍÉ
6ՏŽ>˜ˆÃˆiÀ՘}ÊiÀ˜iÕiÀL>À 6ՏV>˜ˆÃ>̈œ˜ÊÀi˜iÜ>Li ÓËÊÀÍÈÇÀÖÈ¿ÌÎÆÅÒÎÁÍÎÂË¿ÒÜÑ¿

â° °Ê“ˆÌÊ Ø}i˜]Ê i°}°Ê܈̅Êi˜`ÊvˆÌ̈˜}Ã]Ê ÎÁÐÑÒÏÒËÏÂÁÍÉ Ï×ÉÎËÏÃÁÎÎÜÍÉÉÒ


ÛiÀ∘ŽÌÊ՘`Ê*1‡LiÃV…ˆV…ÌiÌ âˆ˜V‡«>Ìi`Ê>˜`Ê*1‡Vœ>Ìi` ÐÏÌÉÔÑÆÓÁÎÏÃÜÍÐÏËÑÜÓÉÆÍ
œV…ÜiÀ̈}i]ÊÌÀ>˜Ã«>Ài˜ÌiÊ*1‡ iÃV…ˆV…‡ ˆ}…‡µÕ>ˆÌÞ]ÊÌÀ>˜Ã«>Ài˜ÌÊ*1‡Vœ>̈˜}]Êi݇ ÛÑÎÊÎÊÀ×ÅÑÒÂÅÍÍÎÅÏÐÎÇÐÀ×ÍÎÅ
Ì՘}]ÊiÝÌÀi“ÊÃV…˜ˆÌ̇Ê՘`Ê>LÀˆiLviÃÌ° ÌÀi“iÞÊVÕ̇Ê>˜`Ê>LÀ>Ȝ˜‡ÀiÈÃÌ>˜Ì° ÏÎËÈÓÐÅÒÀÍÎÂÎÅÏÎÊÐÛÒÈÅ
ÈÑÊËÞ×ÈÒÅËÜÍÀ¿ÑÒÎÉÊÎÑÒÜÊÐÅÇÀÍÈÞÈ
ÈÇÍÎÑÓ

/i“«iÀ>ÌÕÀLiÃÌB˜`ˆ}ŽiˆÌÊۜ˜Ê >˜`Ãiˆ‡iLiLB˜`iÀ˜
/i“«iÀ>ÌÕÀiÊÀiÈÃÌ>˜ViʜvÊ܈Ài‡L>˜`ÊÜiLLˆ˜}Êψ˜}Ã
‘ÅÐÌÎÑÒÎÉÊÎÑÒÜÃÐÓÇÎÏÎÄÚÅÌÍÛÕËÅÍÒÎ×ÍÛÕÊÀÍÀÒÎÂ

ÛiÀ∘ŽÌÊ}i˜B…Ì ÛiÀ∘ŽÌÊ}i«ÀiÃÃÌ ÛՏŽ>˜ˆÃˆiÀÌ *1‡LiÃV…ˆV…ÌiÌ


∘V‡«>Ìi`ÊÃiܘ ∘V‡«>Ìi`ÊÃÌ>“«i` ÛՏV>˜ˆÃi` *1‡Vœ>Ìi`
ÎÖÈÍÊÎÂÀÍÍÛÅÑØÈÂÍÛÅ ÎÖÈÍÊÎÂÀÍÍÛÅÏÐÅÑÑÎÂÀÍÍÛÅ ÂÓËÊÀÍÈÇÈÐÎÂÀÍÍÛÅ ÑÏÎËÈÓÐÅÒÀÍÎÂÛÌÏÎÊÐÛÒÈÅÌ

ۜ˜Ê‡ÈäÊc
ÊLˆÃʳ£näÊc
ۜ˜Ê‡{äÊc
ÊLˆÃʳ£xäÊc
ۜ˜Ê‡{äÊc
ÊLˆÃʳ£ÓäÊc
ۜ˜Ê‡{äÊc
ÊLˆÃʳnäÊc

£ää¯Ê/À>}vB…ˆ}ŽiˆÌ £ää¯Ê/À>}vB…ˆ}ŽiˆÌ £ää¯Ê/À>}vB…ˆ}ŽiˆÌ £ää¯Ê/À>}vB…ˆ}ŽiˆÌ


vÀœ“ʇÈäÊc
ÊÕ«Ê̜ʳ£näÊc
vÀœ“ʇ{äÊc
ÊÕ«Ê̜ʳ£xäÊc
vÀœ“ʇ{äÊc
ÊÕ«Ê̜ʳ£ÓäÊc
vÀœ“ʇ{äÊc
ÊÕ«Ê̜ʳnäÊc

£ää¯Êœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ £ää¯Êœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ £ää¯Êœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ £ää¯Êœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ


ÎÒu`ÄÎ ` ÎÒu`ÄÎ ` ÎÒu`ÄÎ ` ÎÒu`ÄÎ `
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ

ۜ˜Ê³£näÊc
ÊLˆÃʳ{ääÊc

Çx¯Ê/À>}vB…ˆ}ŽiˆÌ
vÀœ“ʳ£näÊc
ÊÕ«Ê̜ʳ{ääÊc

Çx¯Êœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ
ÎÒ `ÄÎ `
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ

iLiLB˜`iÀÊâÜiˆ>}ˆ}Ê՘`ÊiLiLB˜`iÀʓˆÌÊ-V…ÕÌâÃÞÃÌi“
/ܜ‡>ÞiÀÊÜiLLˆ˜}Êψ˜}ÃÊ>˜`ÊÜiLLˆ˜}Êψ˜}ÃÊ܈̅ʫÀœÌiV̈œ˜ÊÃÞÃÌi“ʱʃÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÅÃÔÖÒÌÏÊÎÜÆÉÄÑÔÈÏÐÏÅÛÆÍÎÜÆÌÆÎÓÜÒÈÁÚÉÓÎÏÊÒÉÒÓÆÍÏÊ xÎ
Ç

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ

˜ÃV…>}ÃiˆiÊ£‡ÃÌÀB˜}ˆ}]ʓˆÌÊ&Ãi˜
ˆv̈˜}ÊV>LiÊȘ}i‡i}}i`]Ê܈̅ÊiÞiʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÏÅÉÎÑÔØÆÊ ÒÒÆÑÝÄÁÍÉ

UÊ iviÀ̈}Ìʘ>V…Ê  Ê Ê£Î{£{Ê/iˆÊ£Ê՘`Ê UÊ >˜Õv>VÌÕÀi`Ê>VV°ÊÌœÊ  Ê Ê£Î{£{Ê c ‡ÇÃÎÒÎÂËÅÍÛÏÎ$).%.×ÀÑÒÜ


-‡ “«vi…Õ˜}Ê *>ÀÌʣʳÊ-‡,iVœ““i˜`>̈œ˜Ê &3! ÐÅÊÎÌÅÍÄÀÖÈ¿
UÊ LˆÃÊâÕÊÓx¯Ê…Ÿ…iÀiÊ/À>}vB…ˆ}ŽiˆÌÊ>ÃÊ UÊ Õ«Ê̜ÊÓx¯Ê…ˆ}…iÀʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ c ÄÎÓÂÅËÈ×ÅÍÈÅ
˜ÃV…>}Ãiˆiʘ>V…Ê  ÊÎännÊ Ì…>˜ÊV>LiÃʓiï˜}Ê  ÊÎännÊ ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈÏÎÑÐÀÂÍÅÍÈÞÑ
UÊ 6iÀ∘ŽÌiÊÕÃv؅À՘}Ê}i}i˜ÊœÀÀœÃˆœ˜ UÊ <ˆ˜V‡«>Ìi`Ê̜ʫÀiÛi˜ÌÊVœÀÀœÃˆœ˜Ê ×ÀËÎ×ÍÛÌÈÒÐÎÑÀÌÈÏÎ$).
UÊ œ…iÊ/À>}vB…ˆ}ŽiˆÌʓˆÌÊ}iÀˆ˜}i“Ê ˆ}i˜‡ UÊ ˆ}…ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ܈̅ʏœÜÊœÜ˜Ê c ÖÈÍÊÎÂÛÌÏÎÊÐÛÒÈÅÌÏÐÎÒÈÂ
}i܈V…ÌÊ Üiˆ}…ÌÊ ÊÎÐÐÎÇÈÈ
UÊ iiˆ}˜iÌÊvØÀÊ/i“«iÀ>ÌÕÀLiÀiˆV…Ê UÊ -ՈÌ>LiÊvœÀÊÕÃiʈ˜ÊÌi“«iÀ>ÌÕÀiÃÊvÀœ“Ê c €ÎËÜØÀ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÐÈ
Ê ‡{äc
ÊLˆÃʳ£ääc
Ê ‡{äc
Ê̜ʳ£ääc
ÍÅÁÎËÜØÎÌÑÎÁÑÒÂÅÍÍÎÌÂÅÑÅ
c ŽÎÄÕÎÄÈÒÄË¿ÒÅÌÏÅÐÀÒÓÐÍÎÃÎ
ÄÈÀÏÀÇÎÍÀ `#ÄÎ `#

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡©Ê


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ
Ž} ““ Óʓ Îʓ {ʓ xʓ Èʓ Çʓ £äʓ £Óʓ £Èʓ
Ê Ê Çää Ê Ê xÈä Ên £äÓn£Î{Ç nÓäÓ£ä{äx £äÓn£Î{n £äÓn£Î{™ nÓäÓ£äÈäx
Ê £äää Ê Ê nää £ä ÇÇÎÈ£än ÇÇ{Ç{xÓ£{ ÇÇÎΣ£Èän £äÓn£Îxä
Ê £xää Ê £Óää £Ó £ää{£nÓ{ £äÓn£Îx£ nÓäÓ£Ó{äx nÓäÓ£Óxäx
Ê Óäää Ê £Èää £{ n™ä{äÎää£ n™ä{äÎ£ä£ n™ä{äÓÎä£ £äÓn£ÎxÓ
Ê ÓÇää Ê Ó£xä £È ÇÇÎÈ££Î ÇÇÎÈ££{ n™ä{ä{Îä£ nÓäÓ£{Çäx nÓäÓ£{näx
Ê Î£xä Ê Óxää £n £äÓn£ÎxÎ £äÓn£Îx{ n™ä{äxÎä£ £äÓn£Îxx n™ä{äx{ä£
Ê {äää Ê ÎÓää Óä ÇÇÎÈ££n ÇÇÎÈ£Óx n™ä{äÈÓä£ £äÓn£ÎxÈ £ääÎn™ÇÈ £ää£äÓÎÇ
Ê xäää Ê {äää ÓÓ £äÓn£ÎxÇ £äÓn£Îxn £äÓn£Îx™ £äÓn£ÎÈä £ääÎn™Ç™
Ê ÈÎää Ê xäää Ó{ £äÓn£ÎÈ£ £äÓn£ÎÈÓ £äÓn£ÎÈÎ £äÓn£ÎÈ{ £ääÎn™n{
Ê Çäää Ê xÈää ÓÈ £äÓn£ÎÈx £äÓn£ÎÈÈ £äÓn£ÎÈÇ £äÓn£ÎÈn
Ê näää Ê È{ää Ón £äÓn£Îș n™ä{ä™£ä£ £äÓn£ÎÇä £äÓn£ÎÇ£
££äää Ê nnää ÎÓ £äÓn£ÎÇÓ £äÓn£ÎÇÎ £äÓn£ÎÇ{ £äÓn£ÎÇx
£{äää ££Óää ÎÈ £äÓn£ÎÇÈ £äÓn£ÎÇÇ £äÓn£ÎÇn £ääÎn™nx
£Çäää £ÎÈää {ä £äÓn£ÎǙ £äÓn£Înä £äÓn£În£ £ääÎn™nÈ
Ó£äää £Ènää {{ £äÓn£ÎnÓ £äÓn£ÎnÎ £ääÎn™nÇ
Óxäää Óääää {n £äÓn£În{ £äÓn£Înx
Îääää Ó{äää xÓ £äÓn£ÎnÈ £äÓn£ÎnÇ
{ääää ÎÓäää xÈ £äÓn£Înn £äÓn£În™ £ääÎn™nn
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
x{ ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ
Ç

˜ÃV…>}ÃiˆiÊ£‡ÃÌÀB˜}ˆ}]ʓˆÌÊ&Ãi˜Ê՘`Ê>ÕÃV…i
ˆv̈˜}ÊV>LiÊȘ}i‡i}}i`]Ê܈̅ÊiÞiÊ>˜`ÊV>LiÊiÞiÊÃ̈vvi˜iÀʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÏÅÉÎÑÔØÆÊ ÒÒÆÑÝÄÏÊÉËÏÔÙÆÍ

£‡ÃÌÀB˜}ˆ}iʘÃV…>}ÃiˆiʓˆÌʅŸ…iÀi˜Ê Ș}i‡i}}i`ʏˆv̈˜}ÊV>LiÃÊ܈̅ʅˆ}…ʏœ>`Ê –ÀËÎ×ÍÛÅÒÐÎÑÛÂÐÓ×ÅÉÑÁÎËÜØÎÉ


/À>}vB…ˆ}ŽiˆÌi˜]Ê>˜`iÀi˜Ê ˜`L>ÕÌiˆi˜Ê՘`Ê Li>Àˆ˜}ÊV>«>VˆÌÞ]ÊÛ>ÀˆœÕÃÊi˜`ÊwÌ̈˜}ÃÊ>˜`Ê ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÞ ÄÐÓÃÈÅÊÎÍÖÅÂÛÅ
>˜`iÀi˜ÊB˜}i˜Ê>ÕvʘvÀ>}i° œÌ…iÀʏi˜}̅Ãʜ˜ÊÀiµÕiÃÌ° ÝËÅÌÅÍÒÛÈÄÐÓÃÈÅÄËÈÍÛÏÎÇÀÏÐÎÑÓ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡©Ê


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ
Ž} ““ Óʓ Îʓ {ʓ xʓ Èʓ Çʓ £äʓ £xʓ
Ê Ê Çää Ê Ê xÈä Ên £äÓn£Î™ä £äÓn£Î™£ £äÓn£Î™Ó £äÓn£Î™Î
Ê £äää Ê Ê nää £ä £äÓn£Î™{ £äÓn£Î™x £äÓn£Î™È £äÓn£Î™Ç
Ê £xää Ê £Óää £Ó £äÓn£Î™n £äÓn£Î™™ £äÓn£{ää £äÓn£{ä£
Ê Óäää Ê £Èää £{ £äÓn£{äÓ £ääÓ£xÓä £äÓn£{äÎ £äÓn£{ä{
Ê ÓÇää Ê Ó£xä £È £äÓn£{äx £äÓn£{äÈ £äÓn£{äÇ £äÓn£{än ÇÇÎ{Óxxän
Ê Î£xä Ê Óxää £n £äÓn£{ä™ £äÓn£{£ä £äÓn£{££ £äÓn£{£Ó
Ê {äää Ê ÎÓää Óä £äÓn£{£Î £äÓn£{£{ £äÓn£{£x £äÓn£{£È
Ê xäää Ê {äää ÓÓ £äÓn£{£Ç £äÓn£{£n £äÓn£{£™ £äÓn£{Óä
Ê ÈÎää Ê xäää Ó{ ÇÇÎ{{ÇÇän £äÓn£{Ó£ ÇÇÎ{{Ǚän £äÓn£{ÓÓ ÇÇÎ{{nään ÇÇÎ{{n£än
Ê Çäää Ê xÈää ÓÈ £äÓn£{ÓÎ £äÓn£{Ó{ £äÓn£{Óx £äÓn£{ÓÈ
Ê näää Ê È{ää Ón £äÓn£{ÓÇ £äÓn£{Ón £äÓn£{ә £äÓn£{Îä
££äää Ê nnää ÎÓ £äÓn£{Σ £äÓn£{ÎÓ £äÓn£{ÎÎ £äÓn£{Î{
£{äää ££Óää ÎÈ £äÓn£{Îx £äÓn£{ÎÈ £äÓn£{ÎÇ £äÓn£{În £ääÓ£x£™
£Çäää £ÎÈää {ä £äÓn£{Ι £äÓn£{{ä £äÓn£{{£ £äÓn£{{Ó
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ xx
Ç

˜ÃV…>}ÃiˆiÊ£‡ÃÌÀB˜}ˆ}]ʓˆÌÊ&ÃiÊ՘`Ê-ˆV…iÀ…iˆÌÏ>Ã̅>Ži˜ÊΣx
ˆv̈˜}ÊV>LiÊȘ}i‡i}}i`]Ê܈̅ÊiÞiÊ>˜`ÊÃ>viÌÞʏœ>`ʅœœŽÊΣx
—ÁÌÏØÎÜÆÓÑÏÒÜÃÏÅÉÎÑÔØÆÊ ÒÒÆÑÝÄÏÊÉÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡©Ê


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ
Ž} ““ Óʓ Îʓ {ʓ xʓ
 £Óää £Ó £äÓn£{{Î £äÓn£{{{ £äÓn£{{x £äÓn£{{È
Óäää £Èää £{ £äÓn£{{Ç £äÓn£{{n £äÓn£{{™ £äÓn£{xä
ÓÇää Ó£xä £È £äÓn£{x£ £äÓn£{xÓ £äÓn£{xÎ £äÓn£{x{
Σxä Óxää £n £äÓn£{xx £äÓn£{xÈ £äÓn£{xÇ £äÓn£{xn
{äää ÎÓää Óä £äÓn£{x™ £äÓn£{Èä £äÓn£{È£ £äÓn£{ÈÓ
xäää {äää ÓÓ £äÓn£{ÈÎ £äÓn£{È{ £äÓn£{Èx £äÓn£{ÈÈ
ÈÎää xäää Ó{ £äÓn£{ÈÇ £äÓn£{Èn £äÓn£{ș £äÓn£{Çä
Çäää xÈää ÓÈ £äÓn£{Ç£ £äÓn£{ÇÓ £äÓn£{ÇÎ £äÓn£{Ç{
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡ÃÌÀB˜}ˆ}]ʓˆÌÊ"Û>Àˆ˜}Ê՘`Ê-‡>Ã̅>Ži˜
ˆv̈˜}ÊV>LiÊȘ}i‡i}}i`]Ê܈̅ʜÛ>ÊÀˆ˜}Ê>˜`Ê-ʏœ>`ʅœœŽÊ
—ÁÌÏØÎÜÆÓÑÏÒÜÃÏÅÉÎÑÔØÆÊ ÒÏÃÁÌÝÎÜÍËÏÌÝ×ÏÍÉÄÑÔÈÏÃÜÍËÑßËÏÍ3)+!

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡©Ê >~iÊÕv…B˜}iÀˆ˜}


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
Ž} ““ ““ Óʓ Îʓ {ʓ xʓ
Ê Ê Çää Ê xÈä  £ÈäÊÝÊÊ ™ä £äÓn£{Çx £äÓn£{ÇÈ £äÓn£{ÇÇ £äÓn£{Çn
Ê £äää Ê nää £ä £ÈäÊÝÊÊ ™ä £äÓn£{Ǚ £äÓn£{nä £äÓn£{n£ £äÓn£{nÓ
Ê £xää £Óää £Ó £ÈäÊÝÊÊ ™ä £äÓn£{nÎ £äÓn£{n{ £äÓn£{nx £äÓn£{nÈ
Ê Óäää £Èää £{ £ÈäÊÝÊÊ ™ä £äÓn£{nÇ £äÓn£{nn £äÓn£{n™ £äÓn£{™ä
Ê ÓÇää Ó£xä £È £ÈäÊÝÊÊ ™ä £äÓn£{™£ £äÓn£{™Ó £äÓn£{™Î £äÓn£{™{
Ê Î£xä Óxää £n £ÈäÊÝÊÊ ™ä £äÓn£{™x £äÓn£{™È £äÓn£{™Ç £äÓn£{™n
Ê {äää ÎÓää Óä £ÈäÊÝÊÊ ™ä £äÓn£{™™ £äÓn£xää £äÓn£xä£ £äÓn£xäÓ
Ê xäää {äää ÓÓ £ÈäÊÝÊÊ ™ä £äÓn£xäÎ £äÓn£xä{ £äÓn£xäx £äÓn£xäÈ
Ê ÈÎää xäää Ó{ £ÈäÊÝÊÊ ™ä £äÓn£xäÇ £äÓn£xän £äÓn£xä™ £äÓn£x£ä
Ê Çäää xÈää ÓÈ £näÊÝÊ£ää £äÓn£x££ £äÓn£x£Ó £äÓn£x£Î £äÓn£x£{
Ê näää È{ää Ón ÓäxÊÝÊ££x £äÓn£x£x £äÓn£x£È £äÓn£x£Ç £äÓn£x£n
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
xÈ ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ
Ç

˜ÃV…>}ÃiˆiÊ£‡ÃÌÀB˜}ˆ}]ʓˆÌʏB“ˆÃV…i˜ÊÕ}i˜
ˆv̈˜}ÊV>LiÊȘ}i‡i}}i`]Ê܈̅Êvi“ˆÃ…ÊiÞiÃ
—ÁÌÏØÎÜÆÓÑÏÒÜÃÏÅÉÎÑÔØÆÊ Òr”ÌÁÍÁÎÅÒËÉÍÉÄÌÁÈÁÍÉx

UÊ Ÿ…iÀiÊ/À>}vB…ˆ}ŽiˆÌ UÊ ˆ}…iÀʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ c ŽÎÂÛØÅÍÍÀ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ


UÊ Ÿ…iÀiÀÊ/i“«iÀ>ÌÕÀLiÀiˆV… UÊ ˆ}…iÀÊÌi“«iÀ>ÌÕÀiÊÀ>˜}i c €ÎËÅÅÂÛÑÎÊÈÉÒÅÌÏÅÐÀÒÓÐÍÛÉÄÈÀÏÀÇÎÍ
Ê £ää¯Ê/À>}vB…ˆ}ŽiˆÌÊLiˆÊ‡{äcÊLˆÃÊ£xäc
Ê £ää¯Êœ>`ÊvÀœ“ʇ{äcÊ̜ʣxäc
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÐÈ `ÄÎ`#
Ê Ê ™ä¯Ê/À>}vB…ˆ}ŽiˆÌÊLiˆÊ£xäcÊLˆÃÊÓääc
Ê Ê ™ä¯Êœ>`ÊvÀœ“Ê£xäcÊ̜ÊÓääc
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÐÈ`ÄÎ`#
Ê Ê Çx¯Ê/À>}vB…ˆ}ŽiˆÌÊLiˆÊÓääcÊLˆÃÊÎääc
Ê Ê Çx¯Êœ>`ÊvÀœ“ÊÓääcÊ̜ÊÎääc
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÐÈ`ÄÎ`#
Ê Ê Èx¯Ê/À>}vB…ˆ}ŽiˆÌÊLiˆÊÎääcÊLˆÃÊ{ääc
Ê Ê Èx¯Êœ>`ÊvÀœ“ÊÎääcÊ̜Ê{ääc
ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÏÐÈ`ÄÎ`#

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡©


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉ
Ž} ÄÈÀÌÅÒÐÒÐÎÑÀ
ä‡{xc {x‡Èäc ““ Óʓ Îʓ {ʓ xʓ
Ê Ê Çxä Ê Ê Èää Ên £äÓn£x£™ £äÓn£xÓä £äÓn£xÓ£ £äÓn£xÓÓ
Ê ££xä Ê Ê ™Óä £ä £äÓn£xÓÎ £äÓn£xÓ{ £äÓn£xÓx £äÓn£xÓÈ
Ê £Çää Ê £ÎÈä £Ó £äÓn£xÓÇ £äÓn£xÓn £äÓn£xә £äÓn£xÎä
Ê ÓÓxä Ê £nää £{ £äÓn£xΣ £äÓn£xÎÓ £äÓn£xÎÎ £äÓn£xÎ{
Ê Îäää Ê Ó{ää £È £äÓn£xÎx £äÓn£xÎÈ £äÓn£xÎÇ £äÓn£xÎn
Ê ÎÇää Ê Ó™Èä £n £äÓn£xΙ £äÓn£x{ä £äÓn£x{£ £äÓn£x{Ó
Ê {Èää Ê ÎÈnä Óä £äÓn£x{Î £äÓn£x{{ £äÓn£x{x £äÓn£x{È
Ê xÈxä Ê {xÓä ÓÓ £äÓn£x{Ç £äÓn£x{n £äÓn£x{™ £äÓn£xxä
Ê ÈÇää Ê xÎÈä Ó{ £äÓn£xx£ £äÓn£xxÓ £äÓn£xxÎ £äÓn£xx{
Ê Çnää Ê ÈÓ{ä ÓÈ £äÓn£xxx £äÓn£xxÈ £äÓn£xxÇ £äÓn£xxn
Ê ™äää Ê ÇÓää Ón £äÓn£xx™ £äÓn£xÈä £äÓn£xÈ£ £äÓn£xÈÓ
££nää Ê ™{{ä ÎÓ £äÓn£xÈÎ £äÓn£xÈ{ £äÓn£xÈx
£xäää £Óäää ÎÈ £äÓn£xÈÈ £äÓn£xÈÇ £äÓn£xÈn
£nxää £{nää {ä £äÓn£xș £äÓn£xÇä £äÓn£xÇ£
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ xÇ
Ç

˜ÃV…>}ÃiˆiÊi˜`œÃÊÊ 1,°Ê>ÃV…ˆ˜i˜}iÃiÌâʙnÉÎÇÉ ]ÊLðÊÈxÎÉ«ÀÊ Ê£Î{£{Ê/iˆÊÎ


˜`iÃÃʏˆv̈˜}ÊV>LiÊÊ 1,°Ê>V…ˆ˜iÊÀi}Տ>̈œ˜ÃʙnÉÎÇÉ ]Ê*>À°ÊÈxÎÉ«ÀÊ Ê£Î{£{Ê*>ÀÌÊÎ
—ÁÌÏØÎÜÆÓÑÏÒÜÂÆÒËÏÎÆØÎÜÆ „ÂÐÎÏÅÉÑÊÈÉÇÀÊÎÍÎÌÀØÈÍÀÕ%'ÁÇÀÖPR%.×ÀÑÒÜ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ÛiÀ∘ŽÌ]
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ` ˆ˜Êyi݈LiÀÊ>LiÃV…>}>ÕÃv؅À՘}
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ
∘V‡«>Ìi`]
ˆ˜Êyi݈LiÊV>Liʏ>ÞÊ`iÈ}˜

ÎÖÈÍÊÎÂÀÍÍÛÅ
ÂÛÏÎËÍÅÍÛÃÈÁÊÎÉÊÀÁÅËÜÍÎÉ

ÑÂÈÂÊÎÉ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡©Ê 1“v>˜}Ê i܈V…Ì


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡©
ˆÀVՓviÀi˜ViÊ 7iˆ}…Ì `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ƒËÈÍÀÎÊÐÓÆÍÎÑÒȓÊ ÅÑ
Ž} ““ “ˆ˜°É“>Ý°]ÊÌÈÍÌÀÊÑ Ž}ɓ]ÊÊÃÌ {ʓ Èʓ nʓ £äʓ
Ê Ó£ää Ê £Èxä £Ó Ó]äÉ£È]ä Ê ä]{n £äÓn£xÇÓ £äÓn£xÇÎ £äÓn£xÇ{ £äÓn£xÇx
Ê ÎÓää Ê Óxää £x Ó]äÉ£È]ä Ê ä]È£ £äÓn£xÇÈ £äÓn£xÇÇ £äÓn£xÇn £äÓn£xǙ
Ê {Èxä Ê ÎÇää £n Ó]äÉ£È]ä Ê ä]nÇ £äÓn£xnÓ £äÓn£xnÎ £äÓn£xnä £äÓn£xn£
Ê ÈÎää Ê xäää Ó£ Ó]xÉÓä]ä Ê £]Ón £äÓn£xnx ÇÇÎÎn{nän £äÓn£xn{ £äÓn£xnÈ
Ê nÎää Ê Èxää Ó{ Ó]xÉÓä]ä Ê £]xn £äÓn£xnÇ £äÓn£xnn £äÓn£xn™ £äÓn£x™ä
£äxää Ê nxää ÓÇ Ó]xÉÓä]ä Ê £]™x £äÓn£x™Î £äÓn£x™{ £äÓn£x™£ £äÓn£x™Ó
££xää Ê ™äää Îä Ó]xÉÓä]ä Ê Ó]Çä £äÓn£x™È £äÓn£x™Ç £äÓn£x™x £äÓn£x™n
£{äää ££äää ÎÎ Ó]xÉÓä]ä Ê Î]än £äÓn£x™™ £äÓn£Èää £äÓn£Èä£ £äÓn£ÈäÓ
£Èxää £Îäää ÎÈ Ó]xÉÓä]ä Ê Î]Çx £äÓn£Èäx £äÓn£ÈäÈ £äÓn£ÈäÎ £äÓn£Èä{
£™xää £xxää Ι Ó]xÉÎä]ä Ê {]{Î £äÓn£Èän £äÓn£Èä™ £äÓn£ÈäÇ £äÓn£È£ä
ÓÓxää £näää {Ó Ó]xÉÎä]ä Ê x]Óx £äÓn£È££ £äÓn£È£Ó £äÓn£È£Î £äÓn£È£{
әxää ÓÎxää {n x]äÉÎä]ä Ê È]™n £äÓn£È£Ç £äÓn£È£n £äÓn£È£x £äÓn£È£È
ÎÇxää Îääää x{ x]äÉÎä]ä Ê Ç]™x £äÓn£ÈÓä £äÓn£ÈÓ£ £äÓn£È£™ £äÓn£ÈÓÓ
{Èäää ÎÇäää Èä x]äÉÎä]ä £ä]äx £äÓn£ÈÓÎ £äÓn£ÈÓ{ £äÓn£ÈÓx £äÓn£ÈÓÈ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
xn ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ
Ç
œ“Lˆ}i…B˜}iÊ-iˆÉiÌÌi ŠÏÍÂÉÎÉÑÏÃÁÎÎÁÀ
UÊ ØÀÊLiܘ`iÀÃÊÀ>ՅiÊ ˆ˜Ã>ÌâLiÀiˆV…i ÐÏÅÃÆÒËÁÓÑÏÒ×ÆÐÝ
UÊ ˆÌÊ`i“ÊvœÀ“ÃÌ>Lˆi˜Ê-iˆÊB~ÌÊÈV…Ê`>ÃÊ c ƒË¿ÎÑÎÁÎÒ¿ÆÅËÎÃÎ
i…B˜}iÊ}>˜âÊiˆ˜v>V…Ê՘ÌiÀÊ`iÀÊ>ÃÌÊ ÏÐÈÌÅÍÅÍÈ¿
`ÕÀV…ÃV…ˆiLi˜ c ’ÑÒÎÉ×ÈÂÎÑÒÜÔÎÐÌÛÒÐÎÑÀ
ÏÎÇÂÎË¿ÅÒËÅÃÊÎÏÐÎÂÅÑÒÈ

œ“Lˆ‡Ãˆ˜}Ê
>LiÉV…>ˆ˜ ÏÎÄÂÅÑÊÓÏÎÄÃÐÓÇÎÌ
UÊ œÀÊÕÃiʈ˜Ê«>À̈VՏ>ÀÞÊÀœÕ}…ÊVœ˜`ˆÌˆœ˜Ã
UÊ 1ÃiÊ̅iÊÃ̈vvÊV>LiÊ̜ʫÕÅÊ̅iÊψ˜}Ê
՘`iÀÊ̅iʏœ>`

œ“Lˆ}i…B˜}iÊ-iˆÉiÌÌiÊ£‡ÃÌÀB˜}ˆ}ʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê-

œ“Lˆ‡Ãˆ˜}ÊV>LiÉV…>ˆ˜ÊȘ}i‡i}}i`Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ-Ê
ŠÏÍÂÉÎÉÑÏÃÁÎÎÁÀÐÏÅÃÆÒËÁÓÑÏÒ×ÆÐÝÃÏÅÉÎÑÔØÆÊÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ˜v>V…Ê`ˆÀiŽÌ iˆ˜v>V…Ê}iÃV…˜ØÀÌ
ȓ«iÊ`ˆÀiVÌ Ãˆ“«iʏœœ«i`
ÏÐÎÑÒÀ¿ÏпÌÀ¿ ÏÐÎÑÒÀ¿ÑÏÅÐÅ¿ÇÊÎÉ

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡© iÌÌi˜‡ i˜˜`ˆVŽi iÌÌi˜B˜}i


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i V…>ˆ˜Êi˜}̅ `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ƒËÈÍÀÖÅÏÈ
Ž} ““ ““ “ Îʓ {ʓ xʓ Èʓ
£äää Ê nää  ÊÈ £]Çä £äÓn£ÈÓÇ £ää{ÓÓș £äÓn£ÈÓn £äÓn£Èә
Óäää £Èää £{ Ên Ó]ää £äÓn£ÈÎä £ää{ÓÓÇä £äÓn£ÈΣ £äÓn£ÈÎÓ
ÓÇää Ó£xä £È £ä Ó]Îä £äÓn£ÈÎÎ £ää{ÓÓÇ£ £äÓn£ÈÎ{ £äÓn£ÈÎx
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

œ“Lˆ}i…B˜}iÊ-iˆÉiÌÌiÊ£‡ÃÌÀB˜}ˆ}ʓˆÌÊ&Ãi˜

œ“Lˆ‡Ãˆ˜}ÊV>LiÉV…>ˆ˜ÊȘ}i‡i}}i`Ê܈̅ÊiÞiiÌʱʊÏÍÂÉÎÉÑÏÃÁÎÎÁÀÐÏÅÃÆÒËÁÓÑÏÒ×ÆÐÝÃÏÅÉÎÑÔØÆÊÒÒÆÑÝÄÁÍÉ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˜ÃV…>}ÃiˆÊŽœ“Lˆ˜ˆiÀÌʓˆÌÊiÌÌiÊ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`  Ê Ên£n]Ê/iˆÊ£ÉÓÉ{
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ
ˆv̈˜}ÊV>LiÊVœ“Lˆ˜i`Ê܈̅ÊV…>ˆ˜Ê
 Ê Ên£n]Ê«>ÀÌÃÊ£ÉÓÉ{

ÑÒÐÎÏÎÂÎ×ÍÛÉÊÀÍÀÒ
ÑÊÎÌÁÈÍÈÐÎÂÀÍÑÖÅÏÜÞ$).%. 
 ×ÀÑÒÜ

iˆ˜v>V…ÊՓ}ii}ÌÊ±Ê iˆ}՘}Ã܈˜Ži
ȓ«ÞÊÌÕÀ˜i`ʜÛiÀʱÊ/ˆÌˆ˜}Ê>˜}i
ÏÐÎÑÒÎÏÅÐÅËÎÆÅͱ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡© iÌÌi˜‡ i˜˜`ˆVŽi -iˆB˜}i `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i V>Liʏi˜}̅ ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ŒÎÌÈÍÀËÜÍÀ¿ÒÎËÙÈÍÀÖÅÏÈ ƒËÈÍÀÊÀÍÀÒÀ
Ž} ““ ““ “ {ʓ xʓ Èʓ
£{ää £äää £ä ÊÈ ÓÊÝÊ£]x £äÓn£ÈÎÈ £äÓn£ÈÎÇ £äÓn£ÈÎn
Ónää Óäää £{ Ên ÓÊÝÊ£]x £äÓn£ÈΙ £äÓn£È{ä £äÓn£È{£
Înää ÓÇää £È £ä ÓÊÝÊ£]x £äÓn£È{Ó £äÓn£È{Î £äÓn£È{{
Çäää xäää ÓÓ £Î ÓÊÝÊ£]x £äÓn£È{x £äÓn£È{È £äÓn£È{Ç
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ x™
Ç

˜ÃV…>}ÃiˆiÊӇÃÌÀB˜}ˆ}ʓˆÌÊ-V…BŽiÊ  ÊnÓ£ä£
ˆv̈˜}ÊV>LiÊÌܜ‡i}}i`]Ê܈̅ÊÅ>VŽiÊ  ÊnÓ£ä£Ê
—ÁÌÏØÎÜÆÓÑÏÒÜÃÅÃÁÑÔØÝÀ ÒÄÑÔÈÏÃÏÊÒËÏÂÏÊ$).

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ xʓ Èʓ
Ê Ê ™xä Ê Ê Çää Ê Ê ÇÈä Ê xÈä Ên £ÈäÊÝÊÊ ™ä £äÓn£È{n £äÓn£È{™ £äÓn£Èxä £äÓn£Èx£ £äÓn£ÈxÓ
Ê £{ää Ê £äää Ê ££ää Ê nää £ä £ÈäÊÝÊÊ ™ä £äÓn£ÈxÎ £äÓn£Èx{ £äÓn£Èxx £äÓn£ÈxÈ £äÓn£ÈxÇ
Ê Ó£ää Ê £xää Ê £Çää £Óää £Ó £ÈäÊÝÊÊ ™ä £äÓn£Èxn £äÓn£Èx™ £äÓn£ÈÈä £äÓn£ÈÈ£ £äÓn£ÈÈÓ
Ê Ónää Ê Óäää Ê ÓÓxä £Èää £{ £ÈäÊÝÊÊ ™ä £äÓn£ÈÈÎ £äÓn£ÈÈ{ £äÓn£ÈÈx £äÓn£ÈÈÈ £äÓn£ÈÈÇ
Ê Înää Ê ÓÇää Ê Îäxä Ó£xä £È £ÈäÊÝÊÊ ™ä £äÓn£ÈÈn £äÓn£Èș £äÓn£ÈÇä £äÓn£ÈÇ£ £äÓn£ÈÇÓ
Ê {{ää Ê Î£xä Ê Îxää Óxää £n £ÈäÊÝÊÊ ™ä £äÓn£ÈÇÎ £äÓn£ÈÇ{ £äÓn£ÈÇx £äÓn£ÈÇÈ £äÓn£ÈÇÇ
Ê xÈää Ê {äää Ê {xää ÎÓää Óä £ÈäÊÝÊÊ ™ä £äÓn£ÈÇn £äÓn£ÈǙ £äÓn£Ènä £äÓn£Èn£ £äÓn£ÈnÓ
Ê Çäää Ê xäää Ê xÈää {äää ÓÓ £näÊÝÊ£ää £äÓn£ÈnÎ £äÓn£Èn{ £äÓn£Ènx £äÓn£ÈnÈ £äÓn£ÈnÇ
Ê nnää Ê ÈÎää Ê Çäää xäää Ó{ ÓäxÊÝÊ££x £äÓn£Ènn £äÓn£Èn™ £äÓn£È™ä £äÓn£È™£ £äÓn£È™Ó
Ê ™nää Ê Çäää Ê Çnää xÈää ÓÈ ÓäxÊÝÊ££x £äÓn£È™Î £äÓn£È™{ £äÓn£È™x £äÓn£È™È £äÓn£È™Ç
££Óää Ê näää Ê ™äää È{ää Ón ÓÇäÊÝÊ£{ä £äÓn£È™n £äÓn£È™™ £äÓn£Çää £äÓn£Çä£ £äÓn£ÇäÓ
£xäää ££äää £Óäää nnää ÎÓ ÓÇäÊÝÊ£{ä £äÓn£ÇäÎ £äÓn£Çä{ £äÓn£Çäx £äÓn£ÇäÈ £äÓn£ÇäÇ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
Èä ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ
Ç

˜ÃV…>}ÃiˆiÊӇÃÌÀB˜}ˆ}ʓˆÌÊ-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜
ˆv̈˜}ÊV>LiÊÌܜ‡i}}i`]Ê܈̅ÊÃ>viÌÞʏœ>`ʅœœŽÊ
—ÁÌÏØÎÜÆÓÑÏÒÜÃÅÃÁÑÔØÝÀ ÒÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ xʓ Èʓ
Ê Ê ™xä Ê Ê Çää Ê Ê ÇÈä Ê xÈä Ên £ÈäÊÝÊÊ ™ä £äÓn£Çän £äÓn£Çä™ £äÓn£Ç£ä £äÓn£Ç££ £äÓn£Ç£Ó
Ê £{ää Ê £äää Ê ££ää Ê nää £ä £ÈäÊÝÊÊ ™ä £äÓn£Ç£Î £äÓn£Ç£{ £äÓn£Ç£x £äÓn£Ç£È £äÓn£Ç£Ç
Ê Ó£ää Ê £xää Ê £Çää £Óää £Ó £ÈäÊÝÊÊ ™ä £äÓn£Ç£n £äÓn£Ç£™ £äÓn£ÇÓä £äÓn£ÇÓ£ £äÓn£ÇÓÓ
Ê Ónää Ê Óäää Ê ÓÓxä £Èää £{ £ÈäÊÝÊÊ ™ä £äÓn£ÇÓÎ £äÓn£ÇÓ{ £äÓn£ÇÓx £äÓn£ÇÓÈ £äÓn£ÇÓÇ
Ê Înää Ê ÓÇää Ê Îäxä Ó£xä £È £ÈäÊÝÊÊ ™ä £äÓn£ÇÓn £äÓn£Çә £äÓn£ÇÎä £äÓn£ÇΣ £äÓn£ÇÎÓ
Ê {{ää Ê Î£xä Ê Îxää Óxää £n £ÈäÊÝÊÊ ™ä £äÓn£ÇÎÎ £äÓn£ÇÎ{ £äÓn£ÇÎx £äÓn£ÇÎÈ £äÓn£ÇÎÇ
Ê xÈää Ê {äää Ê {xää ÎÓää Óä £ÈäÊÝÊÊ ™ä £äÓn£ÇÎn £äÓn£ÇΙ £äÓn£Ç{ä £äÓn£Ç{£ £äÓn£Ç{Ó
Ê Çäää Ê xäää Ê xÈää {äää ÓÓ £näÊÝÊ£ää £äÓn£Ç{Î £äÓn£Ç{{ £äÓn£Ç{x £äÓn£Ç{È £äÓn£Ç{Ç
Ê nnää Ê ÈÎää Ê Çäää xäää Ó{ ÓäxÊÝÊ££x £äÓn£Ç{n £äÓn£Ç{™ £äÓn£Çxä £äÓn£Çx£ £äÓn£ÇxÓ
Ê ™nää Ê Çäää Ê Çnää xÈää ÓÈ ÓäxÊÝÊ££x £äÓn£ÇxÎ £äÓn£Çx{ £äÓn£Çxx £äÓn£ÇxÈ £ääÎn™ää
££Óää Ê näää Ê ™äää È{ää Ón ÓÇäÊÝÊ£{ä £äÓn£ÇxÇ £äÓn£Çxn £äÓn£Çx™ £äÓn£ÇÈä £äÓn£ÇÈ£
£xäää ££äää £Óäää nnää ÎÓ ÓÇäÊÝÊ£{ä £äÓn£ÇÈÓ £äÓn£ÇÈÎ £äÓn£ÇÈ{ £äÓn£ÇÈx £äÓn£ÇÈÈ
ӇÃÌÀB˜}ˆ}iʘÃV…>}ÃiˆiʓˆÌʅŸ…iÀi˜Ê/À>}vB…ˆ}ŽiˆÌi˜Ê՘`Ê>˜`iÀi˜Ê ˜`L>ÕÌiˆi˜Ê>ÕvʘvÀ>}i°
-«iVˆwV>̈œ˜ÃÊvœÀÊӇi}}i`ʏˆv̈˜}ÊV>LiÃÊvi>ÌÕÀˆ˜}ʅˆ}…ʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌˆiÃ]Ê>ÃÊÜiÊ>Ãʜ̅iÀÊi˜`Êii“i˜ÌÃ]ÊV>˜ÊLiʜLÌ>ˆ˜i`ÊÕ«œ˜ÊÀiµÕiÃÌ°
–ÀËÎ×ÍÛÅÒÐÎÑÛÂÐÓ×Ü¿ÑÏÎÂÛØÅÍÍÎÉÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÞÈÄÐÓÃÈÌÈÊÎÍÖÅÂÛÌÈÝËÅÌÅÍÒÀÌÈuÏÎÇÀÏÐÎÑÓ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ È£
Ç

˜ÃV…>}ÃiˆiÊӇÃÌÀB˜}ˆ}ʓˆÌÊ-‡>Ã̅>Ži˜
ˆv̈˜}ÊV>LiÊÌܜ‡i}}i`]Ê܈̅Ê-ʏœ>`ʅœœŽÊ±Ê—ÁÌÏØÎÜÆÓÑÏÒÜÃÅÃÁÑÔØÝÀ ÒÄÑÔÈÏÃÜÍËÑßËÏÍ3)+!

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ xʓ Èʓ
Ê ™xä Ê Çää Ê ÇÈä Ê xÈä Ên £ÈäÊÝÊÊ ™ä £äÓn£ÇÈÇ £äÓn£ÇÈn £äÓn£Çș £äÓn£ÇÇä £äÓn£ÇÇ£
£{ää £äää ££ää Ê nää £ä £ÈäÊÝÊÊ ™ä £äÓn£ÇÇÓ £äÓn£ÇÇÎ £äÓn£ÇÇ{ £äÓn£ÇÇx £äÓn£ÇÇÈ
Ó£ää £xää £Çää £Óää £Ó £ÈäÊÝÊÊ ™ä £äÓn£ÇÇÇ £äÓn£ÇÇn £äÓn£ÇǙ £äÓn£Çnä £äÓn£Çn£
Ónää Óäää ÓÓxä £Èää £{ £ÈäÊÝÊÊ ™ä £äÓn£ÇnÓ £äÓn£ÇnÎ £äÓn£Çn{ £äÓn£Çnx £äÓn£ÇnÈ
Înää ÓÇää Îäxä Ó£xä £È £ÈäÊÝÊÊ ™ä £äÓn£ÇnÇ £äÓn£Çnn £äÓn£Çn™ £äÓn£Ç™ä £äÓn£Ç™£
{{ää Σxä Îxää Óxää £n £ÈäÊÝÊÊ ™ä £äÓn£Ç™Ó £äÓn£Ç™Î £äÓn£Ç™{ £äÓn£Ç™x £äÓn£Ç™È
xÈää {äää {xää ÎÓää Óä £ÈäÊÝÊÊ ™ä £äÓn£Ç™Ç £äÓn£Ç™n £äÓn£Ç™™ £äÓn£nää £äÓn£nä£
Çäää xäää xÈää {äää ÓÓ £näÊÝÊ£ää £äÓn£näÓ £äÓn£näÎ £äÓn£nä{ £äÓn£näx £äÓn£näÈ
nnää ÈÎää Çäää xäää Ó{ ÓäxÊÝÊ££x £äÓn£näÇ £äÓn£nän £äÓn£nä™ £äÓn£n£ä £äÓn£n££
™nää Çäää Çnää xÈää ÓÈ ÓäxÊÝÊ££x £äÓn£n£Ó £äÓn£n£Î ÇÇÎ{{Çnän £äÓn£n£{ £äÓn£n£x
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌʱʃÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

œ“Lˆ}i…B˜}iÊ-iˆÉiÌÌiÊӇÃÌÀB˜}ˆ}ʓˆÌÊ&Ãi˜‡>Ã̅>Ži˜Ê-

œ“Lˆ‡Ãˆ˜}ÊV>LiÉV…>ˆ˜ÊӇi}}i`Ê܈̅ÊiÞiiÌʏœ>`ʅœœŽÊ-ÊÊ
ŠÏÍÂÉÎÉÑÏÃÁÎÎÁÀÐÏÅÃÆÒËÁÓÑÏÒ×ÆÐÝÃÑÔØÝÀÒÄÑÔÈÏÃÜÍËÑßËÏÍÒÒÆÑÝÄÏÊ(3

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ ˜ÃV…>}ÃiˆÊŽœ“Lˆ˜ˆiÀÌʓˆÌÊiÌÌiÊ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`  ‡ Ên£n]Ê /iˆÊ£ÉÓÉ{
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ
ˆv̈˜}ÊV>LiÊVœ“Lˆ˜i`Ê܈̅ÊV…>ˆ˜
 ‡ Ên£n]Ê *>ÀÌÊ£ÉÓÉ{

–ÀËÎ×ÍÛÉÒÐÎÑÊÎÌÁÈÍÈÐÎÂÀÍÍÛÉ 
ÑÖÅÏÜÞ
$). %. ×ÀÑÒÜ

iˆ}՘}Ã܈˜Ži iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i /ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ ’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc “>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜} iÌÌi˜‡ i˜˜`ˆVŽi iÌÌi˜B˜}i


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} œ“ˆ˜>ÊV…>ˆ˜Ê}>Õ}i V…>ˆ˜Êi˜}̅ `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ŒÎÌÈÍÀËÜÍÛÉ ÀÇÌÅÐÛ ŒÎÌÈÍÀËÜÍÀ¿ ƒËÈÍÀÖÅÏÈ ­®
Ž} ÄÈÀÌÅÒÐÒÐÎÑÀ ÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ ÒÎËÙÈÍÀÖÅÏÈ
ä‡{xc {x‡Èäc ä‡{xc {x‡Èäc ““ ““ ““ “ Îʓ {ʓ xʓ Èʓ
Ê £{ää Ê £äää Ê ££ää Ê Ê nää £ä £ÈäÊÝÊÊ ™ä ÊÈ £]Çä £äÓn£n£È £äÓn£n£Ç £äÓn£n£n £äÓn£n£™
Ê Ónää Ê Óäää Ê ÓÓ{ä Ê £Èää £{ £ÈäÊÝÊÊ ™ä Ên Ó]ää £äÓn£nÓä £äÓn£nÓ£ £äÓn£nÓÓ £äÓn£nÓÎ
Ê Înää Ê ÓÇää Ê Îäxä Ê Ó£xä £È £ÈäÊÝÊÊ ™ä £ä Ó]Îä £äÓn£nÓ{ £äÓn£nÓx £äÓn£nÓÈ £äÓn£nÓÇ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ÈÓ ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ
Ç

˜ÃV…>}ÃiˆiÊ{‡ÃÌÀB˜}ˆ}ʓˆÌÊ-V…BŽiÊ  ÊnÓ£ä£
ˆv̈˜}ÊV>LiÊvœÕÀ‡i}}i`]Ê܈̅ÊÅ>VŽiÊ  ÊnÓ£ä£Ê±Ê—ÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ ÒÄÑÔÈÏÃÏÊÒËÏÂÏÊ$).

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ xʓ Èʓ
Ê £{xä Ê £äxä Ên £ÈäÊÝÊÊ ™ä £äÓn£nÓn £äÓn£nә £äÓn£nÎä £äÓn£nΣ £äÓn£nÎÓ
Ê Ó£ää Ê £xää £ä £ÈäÊÝÊÊ ™ä £äÓn£nÎÎ £äÓn£nÎ{ £äÓn£nÎx £äÓn£nÎÈ £äÓn£nÎÇ
Ê Î£xä Ê ÓÎää £Ó £ÈäÊÝÊÊ ™ä £äÓn£nÎn £äÓn£nΙ £äÓn£n{ä £äÓn£n{£ £äÓn£n{Ó
Ê {Óää Ê Îäää £{ £näÊÝÊ£ää £äÓn£n{Î £äÓn£n{{ £äÓn£n{x £äÓn£n{È £äÓn£n{Ç
Ê xÇää Ê {äää £È £näÊÝÊ£ää ™xx™£nÈäx £äÓn£n{n £äÓn£n{™ £äÓn£nxä £äÓn£nx£
Ê ÈÈää Ê {Çää £n £näÊÝÊ£ää £äÓn£nxÓ £äÓn£nxÎ £äÓn£nx{ £äÓn£nxx £äÓn£nxÈ
Ê n{ää Ê Èäää Óä ÓÇäÊÝÊ£{ä ™Çä£ÎÇ£äx £äÓn£nxÇ £äÓn£nxn £äÓn£nx™ £äÓn£nÈä
£äxää Ê Çxää ÓÓ ÓÇäÊÝÊ£{ä £äÓn£nÈ£ £äÓn£nÈÓ £äÓn£nÈÎ £äÓn£nÈ{ £äÓn£nÈx
£ÎÓää Ê ™{ää Ó{ ÓÇäÊÝÊ£{ä £äÓn£nÈÈ £äÓn£nÈÇ £äÓn£nÈn £äÓn£nș £äÓn£nÇä
£{Çää £äxää ÓÈ ÓÇäÊÝÊ£{ä £äÓn£nÇ£ £äÓn£nÇÓ £äÓn£nÇÎ £äÓn£nÇ{ £äÓn£nÇx
£Ènää £Óäää Ón ÎääÊÝÊ£Èä £äÓn£nÇÈ £äÓn£nÇÇ £äÓn£nÇn £äÓn£nǙ £äÓn£nnä
ÓÎäää £Èxää ÎÓ ÎääÊÝÊ£Èä £äÓn£nn£ £äÓn£nnÓ £äÓn£nnÎ £äÓn£nn{ £äÓn£nnx
IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{ÃÌÀB˜}ˆ}i˜Ê˜ÃV…>}Ãiˆi˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê
iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°
IÊÊœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊëiVˆwV>̈œ˜ÃÊvœÀÊ{‡i}}i`ʏˆv̈˜}ÊV>LiÃʜ˜ÞÊ>««ÞʈvÊ̅iʏœ>`ʈÃÊ`ˆÃÌÀˆLÕÌi`ÊÃޓ“iÌÀˆV>ÞÊ̜Ê>Ê{ʏi}ð
vÊ̅iʏœ>`ʈÃʘœÌÊ`ˆÃÌÀˆLÕÌi`ÊÃޓ“iÌÀˆV>Þ]ÊV>VՏ>̈œ˜ÃÊ>ÀiÊ̜ÊLiÊV>ÀÀˆi`ʜÕÌÊ܈̅ʜ˜ÞÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}Ã]ʈ˜Ê>VVœÀ`>˜ViÊÜˆÌ…Ê ,Êxää]ÊV…>«ÌiÀÊÓ°nÉΰx°x°

ƒÀÍÍÛÅÏÎÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈ×ÀËÎ×ÍÛÕÒÐÎÑÎÂÑÒÐÎÏÎÂÎ×ÍÛÕÊÀÍÀÒΠÏÐÈÈÑÏÎËÜÇÎÂÀÍÈÈ ÕÐÓ×ÜÅÂÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÍÀÂÑÅÐÓ×ÜÈ


ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÑËÅÄÓÅÒÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃË ÈÑÕÎÄÈÒÜÒÎËÜÊÎÈÇÄÂÓÕÍÅÑÓÙÈÕÐÓ×ÜÅÂ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌʱʃÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ ÈÎ
Ç

˜ÃV…>}ÃiˆiÊ{‡ÃÌÀB˜}ˆ}ʓˆÌÊ-ˆV…iÀ…iˆÌÇ>Ã̅>Ži˜
ˆv̈˜}ÊV>LiÊvœÕÀ‡i}}i`]Ê܈̅ÊÃ>viÌÞʏœ>`ʅœœŽÊ±Ê—ÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ ÒÐÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÍÄÑÔÈÏÃÜÍËÑßËÏÍ

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ xʓ Èʓ
Ê £{xä Ê £äxä Ên £ÈäÊÝÊÊ ™ä £äÓn£nnÈ £äÓn£nnÇ £äÓn£nnn £äÓn£nn™ £äÓn£n™ä
Ê Ó£ää Ê £xää £ä £ÈäÊÝÊÊ ™ä £äÓn£n™£ £äÓn£n™Ó £äÓn£n™Î £äÓn£n™{ £äÓn£n™x
Ê Î£xä Ê ÓÎää £Ó £ÈäÊÝÊÊ ™ä £äÓn£n™È £äÓn£n™Ç £äÓn£n™n £äÓn£n™™ £äÓn£™ää
Ê {Óää Ê Îäää £{ £näÊÝÊ£ää £äÓn£™ä£ £äÓn£™äÓ £äÓn£™äÎ £äÓn£™ä{ £äÓn£™äx
Ê xÇää Ê {äää £È £näÊÝÊ£ää £äÓn£™äÈ £äÓn£™äÇ £äÓn£™än £äÓn£™ä™ £äÓn£™£ä
Ê ÈÈää Ê {Çää £n £näÊÝÊ£ää £äÓn£™££ £äÓn£™£Ó £äÓn£™£Î £äÓn£™£{ £äÓn£™£x
Ê n{ää Ê Èäää Óä ÓÇäÊÝÊ£{ä £äÓn£™£È £äÓn£™£Ç £äÓn£™£n £äÓn£™£™ £äÓn£™Óä
£äxää Ê Çxää ÓÓ ÓÇäÊÝÊ£{ä £äÓn£™Ó£ £äÓn£™ÓÓ £äÓn£™ÓÎ £äÓn£™Ó{ £äÓn£™Óx
£ÎÓää Ê ™{ää Ó{ ÓÇäÊÝÊ£{ä £äÓn£™ÓÈ £äÓn£™ÓÇ £äÓn£™Ón £äÓn£™Ó™ £äÓn£™Îä
£{Çää £äxää ÓÈ ÓÇäÊÝÊ£{ä £äÓn£™Î£ £äÓn£™ÎÓ £äÓn£™ÎÎ £äÓn£™Î{ £ääÎn™ä£
£Ènää £Óäää Ón ÎääÊÝÊ£Èä £äÓn£™Îx £äÓn£™ÎÈ £äÓn£™ÎÇ £äÓn£™În £äÓn£™Î™
ÓÎäää £Èxää ÎÓ ÎääÊÝÊ£Èä £äÓn£™{ä £äÓn£™{£ £äÓn£™{Ó £äÓn£™{Î £äÓn£™{{
IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡ÃÌÀB˜}ˆ}i˜Ê˜ÃV…>}Ãiˆi˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê
iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°
IÊÊœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊëiVˆwV>̈œ˜ÃÊvœÀÊ{‡i}}i`ʏˆv̈˜}ÊV>LiÃʜ˜ÞÊ>««ÞʈvÊ̅iʏœ>`ʈÃÊ`ˆÃÌÀˆLÕÌi`ÊÃޓ“iÌÀˆV>ÞÊ̜Ê>Ê{ʏi}ð
vÊ̅iʏœ>`ʈÃʘœÌÊ`ˆÃÌÀˆLÕÌi`ÊÃޓ“iÌÀˆV>Þ]ÊV>VՏ>̈œ˜ÃÊ>ÀiÊ̜ÊLiÊV>ÀÀˆi`ʜÕÌÊ܈̅ʜ˜ÞÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}Ã]ʈ˜Ê>VVœÀ`>˜ViÊÜˆÌ…Ê ,Êxää]ÊV…>«ÌiÀÊÓ°nÉΰx°x°

ƒÀÍÍÛÅÏÎÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈ×ÀËÎ×ÍÛÕÒÐÎÑÎÂÑÒÐÎÏÎÂÎ×ÍÛÕÊÀÍÀÒΠÏÐÈÈÑÏÎËÜÇÎÂÀÍÈÈ ÕÐÓ×ÜÅÂÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÍÀÂÑÅÐÓ×ÜÈ
ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÑËÅÄÓÅÒÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃË ÈÑÕÎÄÈÒÜÒÎËÜÊÎÈÇÄÂÓÕÍÅÑÓÙÈÕÐÓ×ÜÅÂ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
È{ ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ
Ç

˜ÃV…>}ÃiˆiÊ{‡ÃÌÀB˜}ˆ}ʓˆÌÊ-‡>Ã̅>Ži˜
ˆv̈˜}ÊV>LiÊvœÕÀ‡i}}i`]Ê܈̅Ê-ʏœ>`ʅœœŽÊ±Ê—ÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ ÒÄÑÔÈÏÃÜÍËÑßËÏÍ3)+!

/À>}vB…ˆ}ŽiˆÌʘ>V…ʘÃV…>}>ÀÌ
œ>`ÊLi>À°ÊV>«°Ê`i«°Êœ˜Êˆv̈˜}ʓi̅œ`
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÂ
ÇÀÂÈÑÈÌÎÑÒÈÎÒÒÈÏÀÑÒÐÎÏÎÂÊÈ

iˆ}՘}Ã܈˜Ži
/ˆÌˆ˜}Ê>˜}i
’ÃÎËÍÀÊËÎÍÀ
“>Ý°Èäc

/À>}vB…ˆ}ŽiˆÌ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ -iˆ‡ i˜˜‡© >~iÊÕv…B˜}iÀˆ˜}
œ“ˆ˜>ÊV>Li‡© ˆ“i˜Ãˆœ˜Ãʜvʏˆv̈˜}ÊÀˆ˜} `i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐÊÊÊ­®
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ
Ž} ŒÎÌÈÍÀËÜÍÛÉÄÈÀÌÅÒÐÒÐÎÑÀ ÀÇÌÅÐÛÏÎÄÂÅÑÍÎÃÎÊÎËÜÖÀ
““ ““
ä‡{xc {x‡Èäc Óʓ Îʓ {ʓ xʓ Èʓ
Ê £{xä £äxä Ên £ÈäÊÝÊÊ ™ä £äÓn£™{x £äÓn£™{È £äÓn£™{Ç £äÓn£™{n £äÓn£™{™
Ê Ó£ää £xää £ä £ÈäÊÝÊÊ ™ä £äÓn£™xä £äÓn£™x£ £äÓn£™xÓ £äÓn£™xÎ £äÓn£™x{
Ê Î£xä ÓÎää £Ó £ÈäÊÝÊÊ ™ä £äÓn£™xx £äÓn£™xÈ £äÓn£™xÇ £äÓn£™xn £äÓn£™x™
Ê {Óää Îäää £{ £näÊÝÊ£ää £äÓn£™Èä £äÓn£™È£ £äÓn£™ÈÓ £äÓn£™ÈÎ £äÓn£™È{
Ê xÇää {äää £È £näÊÝÊ£ää £äÓn£™Èx £äÓn£™ÈÈ £äÓn£™ÈÇ £äÓn£™Èn £äÓn£™È™
Ê ÈÈää {Çää £n £näÊÝÊ£ää £äÓn£™Çä £äÓn£™Ç£ £äÓn£™ÇÓ £äÓn£™ÇÎ £äÓn£™Ç{
Ê n{ää Èäää Óä ÓÇäÊÝÊ£{ä £äÓn£™Çx £äÓn£™ÇÈ £äÓn£™ÇÇ £äÓn£™Çn £äÓn£™Ç™
£äxää Çxää ÓÓ ÓÇäÊÝÊ£{ä £äÓn£™nä £äÓn£™n£ £äÓn£™nÓ £äÓn£™nÎ £äÓn£™n{
£ÎÓää ™{ää Ó{ ÓÇäÊÝÊ£{ä £äÓn£™nx £äÓn£™nÈ £äÓn£™nÇ £äÓn£™nn £äÓn£™n™
IÊÊ ˆiʘ}>LiÊ`iÀÊ/À>}vB…ˆ}ŽiˆÌÊLiˆÊ{‡ÃÌÀB˜}ˆ}i˜Ê˜ÃV…>}Ãiˆi˜Ê}ˆÌʘÕÀÊLiˆÊÃޓ“iÌÀˆÃV…iÀÊ i>ÃÌ՘}Ê>iÀÊ-ÌÀB˜}i°Ê
iˆÊ՘Ãޓ“iÌÀˆÃV…iÀÊ>ÃÌÛiÀÌiˆÕ˜}ʓÕ~ʘ>V…Ê ,ÊxääÊ>«ˆÌiÊÓ°nÉΰx°ÎʓˆÌʘÕÀÊâÜiˆÊÌÀ>}i˜`i˜Ê-ÌÀB˜}i˜Ê}iÀiV…˜iÌÊÜiÀ`i˜°
IÊÊœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊëiVˆwV>̈œ˜ÃÊvœÀÊ{‡i}}i`ʏˆv̈˜}ÊV>LiÃʜ˜ÞÊ>««ÞʈvÊ̅iʏœ>`ʈÃÊ`ˆÃÌÀˆLÕÌi`ÊÃޓ“iÌÀˆV>ÞÊ̜Ê>Ê{ʏi}ð
vÊ̅iʏœ>`ʈÃʘœÌÊ`ˆÃÌÀˆLÕÌi`ÊÃޓ“iÌÀˆV>Þ]ÊV>VՏ>̈œ˜ÃÊ>ÀiÊ̜ÊLiÊV>ÀÀˆi`ʜÕÌÊ܈̅ʜ˜ÞÊÌܜʏœ>`ÊLi>Àˆ˜}ʏi}Ã]ʈ˜Ê>VVœÀ`>˜ViÊÜˆÌ…Ê ,Êxää]ÊV…>«ÌiÀÊÓ°nÉΰx°x°

ƒÀÍÍÛÅÏÎÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈ×ÀËÎ×ÍÛÕÒÐÎÑÎÂÑÒÐÎÏÎÂÎ×ÍÛÕÊÀÍÀÒΠÏÐÈÈÑÏÎËÜÇÎÂÀÍÈÈ ÕÐÓ×ÜÅÂÄÅÉÑÒÂÈÒÅËÜÍÛÒÎËÜÊÎÏÐÈÑÈÌÌÅÒÐÈ×ÍÎÉÍÀÃÐÓÇÊÅÍÀÂÑÅÐÓ×ÜÈ


ŽÐÈÍÅÑÈÌÌÅÒÐÈ×ÍÎÌÐÀÑÏÐÅÄÅËÅÍÈÈÍÀÃÐÓÇÊÈÑËÅÄÓÅÒÂÑÎÎÒÂÅÒÑÒÂÈÈÑ"'2ÃË ÈÑÕÎÄÈÒÜÒÎËÜÊÎÈÇÄÂÓÕÍÅÑÓÙÈÕÐÓ×ÜÅÂ
˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

{‡ÃÌÀB˜}ˆ}iʘÃV…>}ÃiˆiʓˆÌʅŸ…iÀi˜Ê -«iVˆwV>̈œ˜ÃÊvœÀÊ{‡i}}i`ʏˆv̈˜}ÊV>LiÃÊ –ÀËÎ×ÍÛÅÒÐÎÑÛÑÏÎÂÛØÅÍÍÎÉ


/À>}vB…ˆ}ŽiˆÌi˜Ê՘`Ê>˜`iÀi˜Ê ˜`L>ÕÌiˆi˜Ê vi>ÌÕÀˆ˜}ʅˆ}…iÀʏœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌˆiÃ]Ê>ÃÊ ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÞÈÄÐÓÃÈÌÈ
>ÕvʘvÀ>}i° ÜiÊ>Ãʜ̅iÀÊi˜`Êii“i˜ÌÃ]ÊV>˜ÊLiʜLÌ>ˆ‡ ÊÎÍÖÅÂÛÌÈÝËÅÌÅÍÒÀÌÈuÏÎÇÀÏÐÎÑÓ
˜i`ÊÕ«œ˜ÊÀiµÕiÃÌ°

˜ÃV…>}ÃiˆiÊ£‡]ÊӇÊ՘`Ê{‡ÃÌÀB˜}ˆ}
ˆv̈˜}ÊV>LiÃÊ£ÉÓÉ{ʏi}ÃʱʗÁÌÏØÎÜÆÓÑÏÒÜÃÑÔØÝÀ Èx
n

˜ÃV…>}Ãiˆ‡<ÕLi…ŸÀ
ˆv̈˜}ÊV>LiÊ>VViÃÜÀˆiÃʱʗÁÌÏØÎÜÊÓÑÏÒÒÓÑÏÐÏÃÏØÎÜÊËÁÎÁÓ vÐÑÉÎÁÅÌÆÇÎÏÒÓÉ

"Û>Àˆ˜} /À>}vB…ˆ}ŽiˆÌ i܈V…Ì >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ `i˜Ì˜Õ““iÀÊ


ÕÃv؅À՘}\ʏ>VŽˆiÀÌ œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ 7iˆ}…Ì ““ )DENTNUMBER
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
 Ž} V>°ÉÎÊʎ} 

Ê £Èää Ê ä]Îä £Ó Ê Èä £Óä £äÓn£™™ä


Ê Óxää Ê ä]ÎÈ £Î Ê Èä £Óä ™nääÈä™Îä

Ê {äää Ê ä]n{ £Ç Ê ™ä £Èä £äÓn£™™£
Ê Èxää Ê £]äÇ £™ Ê ™ä £Èä £äÓn£™™Ó
Ê näää Ê £]È£ ÓÓ £ää £nä £äÓn£™™Î
££xää Ê Ó]ÎÇ Óx ££x Óäx £äÓn£™™{
££nää Ê Î]Çn Ón £{ä ÓÇä £äÓn£™™x
£Èäää Ê {]ș Σ £{ä ÓÇä £äÓn£™™È
Ó{äää Ê È]nÎ ÎÈ £xx Ónx £äÓn£™™Ç
"Û>ÊÀˆ˜} Óxäää Ê n]™ä {ä £Èä Îää £äÓn£™™n
>VµÕiÀi`Êw˜ˆÃ…
Σxää £Ó]ÇÎ {x £nä Î{ä £äÓn£™™™
{xäää £Ç]ÓÈ x£ Ó£x Î™ä £äÓnÓäää
ŽÃÁÌÝÎÏÆËÏÌÝ×Ï
‡ÑÏÎËÍÅÍÈÅÑËÀÊÎÂÛÌ
ÏÎÊÐÛÒÈÅÌ

,ˆ˜}}i…B˜}i]Ê
/À>}vB…ˆ}ŽiˆÌ i܈V…Ì >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ `i˜Ì˜Õ““iÀÊ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ 7iˆ}…Ì
`ÀiˆÌiˆˆ}  ‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
““ `i˜ÌʘՓLiÀ
ÕÃv؅À՘}\ʏ>VŽˆiÀÌ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} V>°ÉÎÊʎ} 

Ê Ó{ää Ê ä]n£ £Î      £äÓnÓää£

Ê ÎÓää Ê £]xÈ £Ç Ê ™ä £Èä £Î £Óä Ê Èä £äÓnÓääÓ
Ê {Óää Ê £]Ǚ £™ Ê ™ä £Èä £Î £Óä ÊÈä £äÓnÓääÎ

Ê näää Ê Î]ә ÓÓ £ää £nä £Ç £Èä Ê ™ä £äÓnÓää{
£Óäää Ê Ç]ää Ón £{ä ÓÇä ÓÓ £nä £ää £äÓnÓääx
 £Çäää Ê ™]{ΠΣ £{ä ÓÇä Óx Óäx ££x £äÓnÓääÈ
Óxäää £n]Ón {ä £Èä Îää Σ ÓÇä £{ä £äÓnÓääÇ
ÎÓäää {Ó]ää xä £™ä Îxä {x Î{ä £nä £äÓnÓään
xääää Èx]ää ÈÎ ÓÓä {Îä xä Îxä £™ä £äÓnÓää™
,ˆ˜}Êψ˜}Ã]Ê
̅Àii‡«ˆiVi
>VµÕiÀi`Êw˜ˆÃ…

ŠÏÌÝ×ÆÃÁÀÐÏÅÃÆÒËÁ
ÓÑÆÖÒÆË×ÉÏÎÎÁÀ
‡ÑÏÎËÍÅÍÈÅÑËÀÊÎÂÛÌ
ÏÎÊÐÛÒÈÅÌ

˜ÃV…>}Ãiˆ‡<ÕLi…ŸÀ
ÈÈ ˆv̈˜}ÊV>LiÊ>VViÃÜÀˆiÃʱʗÁÌÏØÎÜÊÓÑÏÒÒÓÑÏÐÏÃÏØÎÜÊËÁÎÁÓ vÐÑÉÎÁÅÌÆÇÎÏÒÓÉ
n

-‡ /À>}vB…ˆ}ŽiˆÌ i܈V…Ì >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ `i˜Ì˜Õ““iÀÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ 7iˆ}…Ì
>Ã̅>Ži˜ ‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
““ `i˜ÌʘՓLiÀ
ÕÃv؅À՘}\ÊÌ>ÕV…‡ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
" Ž} V>°ÉÎÊʎ} " 7 - 
>VŽˆiÀÌ]Ê>Ži˜Ãˆ‡ Ê Ê xää ä]x £ä      £äÓnÓä£ä
V…iÀ՘}ÊÛiÀ∘ŽÌ 7 Ê Ê ÈÎä ä]È £ä ÓÈ ÓÓ Ê ™x Ó£ Ón £äÓnÓ䣣
ˆiÃiÀÊ>Ži˜ÊˆÃÌÊ Ê £äää ä]n £Î ÓÇ Ó{ £äx Ó{ ә £äÓnÓä£Ó
“ˆÌÊiˆ˜iÀÊLiܘ`iÀÃÊ - Ê £Óxä ä]™ £Î Ón Ó{ £ä™ Ó{ ÓÇ £äÓnÓä£Î
ÃÌ>Lˆi˜Ê-ˆV…iÀ՘}Ê Ê £Èää £]ä £{ Ón Ón ££x Óx Σ £äÓnÓä£{
>ÕÃ}iÃÌ>ÌÌiÌ°
 Ê Óäää £]£ £{ ÎÓ Ó™ £ÓÎ Ón ÎÓ £äÓnÓä£x
Ê Óxää £]x £È Î{ Î{ £ÎÇ Ó™ ÎÇ £äÓnÓä£È
Ê ÎÓää £]È £Ç Î{ Î{ £În Îä {ä £äÓnÓä£Ç
Ê {äää Ó]n Óä {ä {ä £È{ Î{ {Î £äÓnÓä£n
-ʏœ>`ʅœœŽ Ê xäää Î]È ÓÎ xä {x £nn În {{ £äÓnÓ䣙
““iÀȜ˜‡>VµÕiÀi`Êw˜ˆÃ…]Ê
Ê ÈÎää {]x Ó{ xÓ xä ӣΠΙ x£ £äÓnÓäÓä
∘V‡«>Ìi`ʅœœŽÊ>ÌV…
Ê näää x]{ ÓÈ x{ xÇ Ó£È Î™ xÇ £äÓnÓäÓ£
/…ˆÃʅœœŽÊˆÃÊwÌÌi`Ê܈̅Ê>Ê«>À̈‡ £ääää n]£ Î{ Èä È£ ÓÎ{ {x È£ £äÓnÓäÓÓ
VՏ>ÀÞÊÃÌ>Liʏ>ÌV…°

ƒÑÔÈÏÃÏÊËÑßË3)+!
‡ÑÏÎËÍÅÍÈÅ
ÑËÀÊÎÂÛÌÏÎÊÐÛÒÈÅÌ
ÍÀÍÅÑÅÍÍÛÌÏÎÃÐÓÆÅÍÈÅÌ
ŽÐÅÄÎÕÐÀÍÈÒÅËÜÍÎÅ
ÓÑÒÐÎÉÑÒÂÎÊÐÞÊÀÎÖÈÍÊÎÂÀÍÍÎÅ
œÒÎÒÊÐÞÊÎÑÍÀÙÅÍ
ÎÑÎÁÎÑÒÀÁÈËÜÍÛÌ
ÏÐÅÄÎÕÐÀÍÈÒÅËÜÍÛÌ
ÓÑÒÐÎÉÑÒÂÎÌ

-ˆV…iÀ…iˆÌÇ /À>}vB…ˆ}ŽiˆÌ i܈V…Ì >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ `i˜Ì˜Õ““iÀÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ 7iˆ}…Ì
>Ã̅>Ži˜Ê ‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
““ `i˜ÌʘՓLiÀ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
“ˆÌÊ&Ãi " Ž} V>°ÉÎÊʎ} " 7 - 
ÕÃv؅À՘}\Ê 7 Ê £Óxä Ê ä]ÓÇ Ên      £äÓnÓäÓÎ
Ì>ÕV…>VŽˆiÀÌ Ê £Èää Ê ä]{ä £ä ÓÎ ÓÎ Ê ™Î £Ç ÓÓ £äÓnÓäÓ{
7iˆÌiÀiÊÀŸ~i˜Ê>ÕvÊ Ê Óxää Ê ä]xx ££ Ón Óx £ä{ Óä ÓÈ £äÓnÓäÓx
˜vÀ>}i° - Ê ÎÓää Ê ä]nÎ £Î Σ Ón ££™ ÓÓ Îä £äÓnÓäÓÈ
Ê x{ää Ê £]™ä £È Ι Î{ £{È Îä În Çää{{În
 Ê näää Ê Î]Îä ÓÓ x£ {Î £nÇ ÎÈ {Ç £äÓnÓäÓÇ
££xää Ê x]™ä ә ÈÓ xÎ ÓÎä {Ó xÇ £äÓnÓäÓn
£Èäää Ê n]{ä ÎÎ ÇÓ xn Óxx xä ÈÈ Ç{näÇÓnän
ÓÓäää £x]Îä {ä n™ Èx Σn È£ ÇÈ £äÓnÓäә
->viÌÞʏœ>`ʅœœŽÊ Îääää ÓÇ]Óä {x n™ Çx ÎxÇ ÇÇ ™Î £äÓnÓäÎä
܈̅ÊiÞiiÌ
““iÀȜ˜‡>VµÕiÀi`Êw˜ˆÃ…
"̅iÀÊÈâiÃʜ˜ÊÀiµÕiÃÌ°

ÑÆÅÏÖÑÁÎÉÓÆÌÝÎÜÊ
ÄÑÔÈÏÃÏÊËÑßËÒ
ÒÆÑÝÄÏÊ
‡ÑÏÎËÍÅÍÈÅÑËÀÊÎÂÛÌ
ÏÎÊÐÛÒÈÅÌ ÍÀÍÅÑÅÍÍÛÌ
ÏÎÃÐÓÆÅÍÈÅÌ
ƒÐÓÃÈÅÐÀÇÌÅÐÛu
ÏÎÇÀÏÐÎÑÓ

˜ÃV…>}Ãiˆ‡<ÕLi…ŸÀ
ˆv̈˜}ÊV>LiÊ>VViÃÜÀˆiÃʱʗÁÌÏØÎÜÊÓÑÏÒÒÓÑÏÐÏÃÏØÎÜÊËÁÎÁÓ vÐÑÉÎÁÅÌÆÇÎÏÒÓÉ ÈÇ
™

-iˆâÕLi…ŸÀÊ­-V…BŽi®

>LiÃÊ>˜`ÊV>LiÊ>VViÃÜÀˆiÃʱʊÁÎÁÓÜÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ

-V…BŽi]ʅœV…viÃÌʓˆÌÊ-V…À>ÕLLœâi˜Ê}iÃV…ÜiˆvÌiÊœÀ“
ˆ}…‡ÃÌÀi˜}̅ÊÅ>VŽiÃÊ܈̅ÊÃVÀiÜÊLœÌÃÊVÕÀÛi`ÊÅ>«iʱʃÑÔÈÏÃÁÀÒËÏÂÁ ÃÜÒÏËÏÐÑÏØÎÁÀÒÑÆÈÝÂÏÃÜÍÐÁÌÝ×ÆÍÉÈÏÄÎÔÓÏÊÕÏÑÍÜ

/À>}vB…ˆ}ŽiˆÌ i܈V…Ì >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ `i˜Ì˜Õ““iÀÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ 7iˆ}…Ì ““ `i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} V>°ÉÎÊʎ} 

Ê Ê xää Ê ä]äÈ ÊÈ Ên Ê £Ó]ä Ê Ón Ê £Ç]ä £äÓnΣ™£

Ê Ê Çxä Ê ä]££ Ên £ä Ê £Î]ä Ê Î£ Ê Ó£]ä £äÓnΣ™Ó


Ê £äää Ê ä]£x £ä £Ó Ê £È]ä Ê ÎÈ Ê ÓÈ]ä £äÓnΣ™Î
Ê £xää Ê ä]ÓÓ ££ £{ Ê £n]ä Ê {Ó Ê Ón]ä £äÓnΣ™{
Ê Óäää Ê ä]ÎÎ £Î £È Ê Ó£]ä Ê {n Ê Îä]ä £äÓnΣ™x
 Ê ÎÓxä Ê ä]Èx £È Óä Ê ÓÇ]ä Ê Èä Ê {Ó]ä £äÓnΣ™È
Ê {Çxä Ê ä]™Ç £™ ÓÓ Ê ÎÓ]ä Ê Ç£ Ê {n]ä £äÓnΣ™Ç
Ê Èxää Ê £]{È ÓÓ ÓÇ Ê ÎÈ]ä Ê n{ Ê xÇ]ä £äÓnΣ™n
Ê nxää Ê Ó]Ι Óx Îä Ê {Î]ä Ê ™x Ê ÈÓ]ä £äÓnΣ™™
ȇv>V…iÊ-ˆV…iÀ…iˆÌ
Ê ™xää Ê Î]£x ә ÎÎ Ê {È]ä £äÎ Ê È™]ä £äÓnÎÓää
Ø}iÊviÕiÀÛiÀ∘ŽÌ]Ê œâi˜Ê>VŽˆiÀÌ]
£Óäää Ê {]ÎÓ ÎÓ ÎÈ Ê xÓ]ä ££™ Ê Çn]ä £äÓnÎÓä£
}i“°ÊÊ1-Êi`iÀ>Ê-«iâˆwŽ>̈œ˜Ê,,‡
‡ÓÇ£
<iÕ}˜ˆÃÊ  Ê Ê£äÓä{Êΰ£Ê ʓŸ}ˆV… £Îxää Ê x]ÈÇ Îx Ι Ê xÇ]ä £ÎÎ Ê nÈ]ä £äÓnÎÓäÓ
œ…˜iÊ1ÀëÀ՘}ÃâiÕ}˜ˆÃ £Çäää Ê Ç]Ǚ În {Ó Ê Èä]ä £{È Ê ™{]ä £äÓnÎÓäÎ
Óxäää £Ó]x£ {{ xÓ Ê ÇÎ]ä £Çn ££Ó]ä £äÓnÎÓä{
ȇ̈“iÃÊÃ>viÌÞ Îxäää £n]xä x£ Èä Ê nÎ]ä £™Ç £Îx]ä £äÓnÎÓäx
œÌÊ∘VÊ`ˆ««i`ÊwÌ̈˜}]Ê>VµÕiÀi`ÊLœÌà xääää ÎÇ]nÈ ÈÎ ÇÓ £äx]ä ÓÈÇ £xn]ä £äÓnÎÓäÈ
>VV°Ê̜Ê1-Êi`iÀ>Ê-«iVˆwV>̈œ˜Ê,,‡
‡ÓÇ£

iÀ̈wV>̈œ˜Ê  Ê Ê£äÓä{Êΰ£Ê Ê«œÃÈLi
܈̅œÕÌÊ`iV>À>̈œ˜ÊœvʜÀˆ}ˆ˜

 ÊÐÀÒÍÀ¿ÍÀÄÅÆÍÎÑÒÜ
ÊÎÁÀÎÖÈÍÊÎÂÀÍÍÀ¿ÃÎп×ÈÌÖÈÍÊÎÂÀÍÈÅÌ
ŽÀËÅÖËÀÊÈÐÎÂÀÍÍÛÉ ÑÎÃËÀÑÍΓÅÄÅÐÀËÜÍÎÉ
ÏÅÖÈÔÈÊÀÖÈȐ—22 # 
ÅÐÒÈÔÈÊÀÒ$).%." ÄÎÏÓÑÊÀÅÒÑ¿
ÁÅÇÑÂÈÄÅÒÅËÜÑÒÂÀÎÏÐÎÈÑÕÎÆÄÅÍÈÈ

-iˆâÕLi…ŸÀÊ­-V…BŽi®
Èn
>LiÃÊ>˜`ÊV>LiÊ>VViÃÜÀˆiÃʱŠÁÎÁÓÜÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ
™

-V…BŽi]ʅœV…viÃÌʓˆÌÊ œâi˜Ê}iÃV…ÜiˆvÌiÊœÀ“
ˆ}…‡ÃÌÀi˜}̅ÊÅ>VŽiÃÊ܈̅ÊLœÌÃÊVÕÀÛi`ÊÅ>«iʱʃÑÔÈÏÃÁÀÒËÏÂÁ ÃÜÒÏËÏÐÑÏØÎÁÀÒÐÁÌÝ×ÆÍÉÈÏÄÎÔÓÏÊÕÏÑÍÜ

/À>}vB…ˆ}ŽiˆÌ i܈V…Ì >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ `i˜Ì˜Õ““iÀÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ 7iˆ}…Ì ““ `i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} V>°ÉÎÊʎ} 

Ê Ê xää Ê ä]äÇ ÊÈ Ên Ê £Ó]ä Ê Ón Ê £Ç]ä £äÓnÎÓäÇ

Ê Ê Çxä Ê ä]£ä Ên £ä Ê £Î]ä Ê Î£ Ê Ó£]ä £äÓnÎÓän
Ê £äää Ê ä]£n £ä £Ó Ê £È]ä Ê ÎÈ Ê ÓÈ]ä £äÓnÎÓä™
Ê £xää Ê ä]Óx ££ £{ Ê £n]ä Ê {Ó Ê Ón]ä £äÓnÎÓ£ä
Ê Óäää Ê ä]ÎÇ £Î £È Ê Ó£]ä Ê {n Ê Îä]ä £äÓnÎÓ££
 Ê ÎÓxä Ê ä]Ç£ £È Óä Ê ÓÇ]ä Ê Èä Ê {Ó]ä £äÓnÎÓ£Ó
Ê {Çxä Ê £]ÓÇ £™ ÓÓ Ê ÎÓ]ä Ê Ç£ Ê {n]ä £äÓnÎÓ£Î
Ê Èxää Ê £]Çn ÓÓ ÓÇ Ê ÎÈ]ä Ê n{ Ê xÇ]ä £äÓnÎÓ£{
Ê nxää Ê Ó]xÓ Óx Îä Ê {Î]ä Ê ™x Ê ÈÓ]ä £äÓnÎÓ£x
œâi˜Ê“ˆÌÊÕÌÌiÀÊ՘`Ê-«ˆ˜Ì°
Ê ™xää Ê Î]xΠә ÎÎ Ê {È]ä £äÎ Ê È™]ä £äÓnÎÓ£È
ȇv>V…iÊ-ˆV…iÀ…iˆÌ
Ø}iÊviÕiÀÛiÀ∘ŽÌ]Ê œâi˜Ê>VŽˆiÀÌ] £Óäää Ê x]ä{ ÎÓ ÎÈ Ê xÓ]ä ££™ Ê Çn]ä £äÓnÎÓ£Ç
}i“°ÊÊ1-Êi`iÀ>Ê-«iâˆwŽ>̈œ˜Ê,,‡
‡ÓÇ£ £Îxää Ê È]n{ Îx Ι Ê xÇ]ä £ÎÎ Ê nÈ]ä £äÓnÎÓ£n
<iÕ}˜ˆÃÊ  Ê Ê£äÓä{Êΰ£Ê ʓŸ}ˆV… £Çäää Ê n]Çn În {Ó Ê Èä]ä £{È Ê ™{]ä £äÓnÎÓ£™
œ…˜iÊ1ÀëÀ՘}ÃâiÕ}˜ˆÃ Óxäää £{]ä™ {{ xÓ Ê ÇÎ]ä £Çn ££Ó]ä £äÓnÎÓÓä
Îxäää Óä]n{ x£ Èä Ê nÎ]ä £™Ç £Îx]ä £äÓnÎÓÓ£
xxäää {Ó]Îä Èx ÇÓ £äÈ]ä ÓÈÇ £{x]ä £äÓnÎÓÓÓ

œÌÃÊ܈̅ʘÕÌÃÊ>˜`Ê돈̇«ˆ˜° ŽÀËÅÖÑÃÀÉÊÎÉÈØÏËÈÍÒÎÌ
ȇ̈“iÃÊÃ>viÌÞ  ÊÐÀÒÍÀ¿ÍÀÄÅÆÍÎÑÒÜ
œÌÊ∘VÊ`ˆ««i`ÊwÌ̈˜}]Ê>VµÕiÀi`ÊLœÌà ÊÎÁÀÎÖÈÍÊÎÂÀÍÍÀ¿ÃÎп×ÈÌÖÈÍÊÎÂÀÍÈÅÌ
>VV°Ê̜Ê1-Êi`iÀ>Ê-«iVˆwV>̈œ˜Ê,,‡
‡ÓÇ£ ŽÀËÅÖËÀÊÈÐÎÂÀÍÍÛÉ ÑÎÃËÀÑÍΓÅÄÅÐÀËÜÍÎÉ

iÀ̈wV>̈œ˜Ê  Ê Ê£äÓä{Êΰ£Ê Ê«œÃÈLi ÏÅÖÈÔÈÊÀÖÈȐ—22 # 


܈̅œÕÌÊ`iV>À>̈œ˜ÊœvʜÀˆ}ˆ˜ ÅÐÒÈÔÈÊÀÒ$).%." ÄÎÏÓÑÊÀÅÒÑ¿
ÁÅÇÑÂÈÄÅÒÅËÜÑÒÂÀÎÏÐÎÈÑÕÎÆÄÅÍÈÈ

-V…BŽi]ʅœV…viÃÌʓˆÌÊ-V…À>ÕLLœâi˜Ê}iÀ>`iÊœÀ“
ˆ}…‡ÃÌÀi˜}̅ÊÅ>VŽiÃÊ܈̅ÊÃVÀiÜÊLœÌÃÊÃÌÀ>ˆ}…ÌÊÅ>«iʱʃÑÔÈÏÃÁÀÒËÏÂÁ ÃÜÒÏËÏÐÑÏØÎÁÀÒÑÆÈÝÂÏÃÜÍÐÁÌÝ×ÆÍÐÑÀÍÏÊÕÏÑÍÜ

/À>}vB…ˆ}ŽiˆÌ i܈V…Ì >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ `i˜Ì˜Õ““iÀÊ


œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ 7iˆ}…Ì ““ `i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} V>°ÉÎÊʎ} 

Ê Ê xää Ê ä]äÇ ÊÈ Ên Ê £Ó]ä Ê Ón Ê £Ç]ä £äÓnÎÓÓÎ

Ê Ê Çxä Ê ä]£ä Ên £ä Ê £Î]ä Ê Î£ Ê Ó£]ä £äÓnÎÓÓ{
Ê £äää Ê ä]£n £ä £Ó Ê £È]ä Ê ÎÈ Ê ÓÈ]ä £äÓnÎÓÓx
Ê £xää Ê ä]Óx ££ £{ Ê £n]ä Ê {Ó Ê Ón]ä £äÓnÎÓÓÈ
Ê Óäää Ê ä]ÎÇ £Î £È Ê Ó£]ä Ê {n Ê Îä]ä £äÓnÎÓÓÇ
 Ê ÎÓxä Ê ä]Ç£ £È Óä Ê ÓÇ]ä Ê Èä Ê {Ó]ä £äÓnÎÓÓn
Ê {Çxä Ê £]ÓÇ £™ ÓÓ Ê ÎÓ]ä Ê Ç£ Ê {n]ä £äÓnÎÓә
Ê Èxää Ê £]Çn ÓÓ ÓÇ Ê ÎÈ]ä Ê n{ Ê xÇ]ä £äÓnÎÓÎä
Ê nxää Ê Ó]xÓ Óx Îä Ê {Î]ä Ê ™x Ê ÈÓ]ä £äÓnÎÓΣ
ȇv>V…iÊ-ˆV…iÀ…iˆÌ
Ê ™xää Ê Î]xΠә ÎÎ Ê {È]ä £äÎ Ê È™]ä £äÓnÎÓÎÓ
Ø}iÊviÕiÀÛiÀ∘ŽÌ]Ê œâi˜Ê>VŽˆiÀÌ]
}i“°ÊÊ1-Êi`iÀ>Ê-«iâˆwŽ>̈œ˜Ê,,‡
‡ÓÇ£ £Óäää Ê x]ä{ ÎÓ ÎÈ Ê xÓ]ä ££™ Ê Çn]ä £äÓnÎÓÎÎ
<iÕ}˜ˆÃÊ  Ê Ê£äÓä{Êΰ£Ê ʓŸ}ˆV… £Îxää Ê È]n{ Îx Ι Ê xÇ]ä £ÎÎ Ê nÈ]ä £äÓnÎÓÎ{
œ…˜iÊ1ÀëÀ՘}ÃâiÕ}˜ˆÃ £Çäää Ê n]Çn În {Ó Ê Èä]ä £{È Ê ™{]ä £äÓnÎÓÎx
Óxäää £{]ä™ {{ xÓ Ê ÇÎ]ä £Çn ££Ó]ä £äÓnÎÓÎÈ
-V…BŽiÊ“ˆÌÊ œâi˜]ÊÕÌÌiÀÊ՘`Ê-«ˆ˜ÌÊ>ÕvʘvÀ>}i° Îxäää Óä]n{ x£ Èä Ê nÎ]ä £™Ç £Îx]ä £äÓnÎÓÎÇ
xxäää {Ó]Îä Èx ÇÓ £äÈ]ä ÓÈÇ £{x]ä £äÓnÎÓÎn

ȇ̈“iÃÊÃ>viÌÞ  ÊÐÀÒÍÀ¿ÍÀÄÅÆÍÎÑÒÜ
œÌÊ∘VÊ`ˆ««i`ÊwÌ̈˜}]Ê>VµÕiÀi`ÊLœÌà ÊÎÁÀÎÖÈÍÊÎÂÀÍÍÀ¿ÃÎп×ÈÌÖÈÍÊÎÂÀÍÈÅÌ
>VV°Ê̜Ê1-Êi`iÀ>Ê-«iVˆwV>̈œ˜Ê,,‡
‡ÓÇ£ ŽÀËÅÖËÀÊÈÐÎÂÀÍÍÛÉ ÑÎÃËÀÑÍΓÅÄÅÐÀËÜÍÎÉ

iÀ̈wV>̈œ˜Ê  Ê Ê£äÓä{Êΰ£Ê Ê«œÃÈLi ÏÅÖÈÔÈÊÀÖÈȐ—22 # 


܈̅œÕÌÊ`iV>À>̈œ˜ÊœvʜÀˆ}ˆ˜ ÅÐÒÈÔÈÊÀÒ$).%." ÄÎÏÓÑÊÀÅÒÑ¿
ÁÅÇÑÂÈÄÅÒÅËÜÑÒÂÀÎÏÐÎÈÑÕÎÆÄÅÍÈÈ
-…>VŽiÃÊ܈̅ÊLœÌÃ]ʘÕÌÃÊ>˜`Ê돈̇«ˆ˜Êœ˜ÊÀiµÕiÃÌ°
‚ÐÓÇÎÂÀ¿ÑÊÎÁÀÑÏÀËÜÖÅÌ ÃÀÉÊÎÉÈØÏËÈÍÒÎÌÏÎ
ÇÀÏÐÎÑÓ

-iˆâÕLi…ŸÀÊ­-V…BŽi®

>LiÃÊ>˜`ÊV>LiÊ>VViÃÜÀˆiÃʱŠÁÎÁÓÜÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ È™
£ä

/À>}Ži““i
ˆv̈˜}Ê}Àˆ«Ê±ÊŠÁÎÁÓÜÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ

, ," ‡/À>}Ži““iÊœ`iÊ-
*
, ," ʏˆv̈˜}Ê}Àˆ«Êœ`iÊ-
*ʱʍÆÒÔÚÉÊÈÁÇÉÍ2%.&2/%ŒÏÅÆÌÝ3#0

/À>}vB…ˆ}ŽiˆÌ >ՏÜiˆÌiÊ >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ i܈V…Ì


`i˜Ì˜Õ““iÀÊ
 œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ "«i˜ˆ˜}Ê ““ 7iˆ}…Ì
`i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ —ÈÐÈÍÀÇÅÂÀÊÐÞÊÀ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} ““     V>°ÉÎÊʎ}
Ê Ê xää äqÊ £™ Ê Èä Óә Èä £Èn Ê Èä Ê {n £Î Ê Î]x £äÓnä{Èn
Ê £xää äqÊ ÎÓ Ê ÇÎ ÓÈn ÈÇ Ó£{ Ê nÈ Ê Èä £È Ê È]x £äÓnä{ș
Ê Îäää äqÊ x£ Ê Ç™ Îäx Èä ÓÇx £ä{ Ê Ç£ £™ Ê n]x £äÓnä{Çä
Ê Èäää äqÊ È{ ££ä Ι{ ÇÈ Î{£ £ÎÇ Ê nÇ Óx Óä]ä £äÓnä{Ç£

£ääää äqÊ ÇÈ £{ä {n™ nÎ {£È £Ç£ ££Ó Óx {Ó]ä £äÓnä{ÇÓ
 £xäää äq£äÓ £n{ xn£ ™x xxÓ Ó£ä £{£ ÎÓ ™x]ä £äÓnä{ÇÎ


-V…À>ÕLŽi““iÊâՓÊÃi˜Ž‡ -VÀiÜÊ}Àˆ«ÊvœÀÊÛiÀ̈V>Êˆv̈˜}Ê ÈÍÒÎÂÎÉÇÀÆÈÌÄË¿


ÀiV…Ìi˜ÊiLi˜Ê՘`Ê£näc‡7i˜‡ >˜`Ê£näcÊÀœÌ>̈œ˜ÊœvÊ>ÊÌÞ«iÃÊ ÂÅÐÒÈÊÀËÜÍÎÃÎÏÎÄÚÅÌÀÈ
`i˜Êۜ˜ÊiÌ>Ìiˆi˜Ê>iÀÊÀÌ°Ê œvʓiÌ>ÊˆÌi“ðÊ>Ý°ÊÃÕÀv>ViÊ ÏÎÂÎÐÎÒÀÍÀ`ÌÅÒÀËËÈ×ÅÑÊÈÕ
>Ý°Ê"LiÀyBV…i˜…BÀÌiÊÎääÊ °Ê …>À`˜iÃÃÊÎääÊ °ÊˆÌÌi`Ê܈̅ÊÊ ×ÀÑÒÅÉËÞÁÎÃÎÐÎÄÀ‹ÀÊÑ
ÕÃ}iÀØÃÌiÌʓˆÌÊLiÜi}ˆV…Ê}i‡ «ˆÛœÌi`Ê`Õ>Ê}Àˆ««ˆ˜}ʍ>Ü° ÒÂÅÐÄÎÑÒÜÏÎÂÅÐÕÍÎÑÒÈŒ
>}iÀÌiÀÊ œ««iŽi““L>VŽi° ÑÍÀÙÅÍÄÂÎÉÍÎÉÇÀÆÈÌÍÎÉ
-«iVˆ>ÞÊÃՈÌi`ÊvœÀÊÕÃiÊ܈̅ ÙÅÊÎÉÍÀÏÎÄÂÈÆÍÎÉÎÏÎÐÅ
iܘ`iÀÃÊ}iiˆ}˜iÌÊvØÀÊ`i˜Ê Àœˆ˜}Ê>˜`ÊLiÛiˆ˜}ʓ>V…ˆ˜ið
ˆ˜Ã>ÌâÊ>˜Ê,œ‡Ê՘`ÊLŽ>˜Ì“>‡ ÑÎÁÅÍÍÎÃÎÄÈÒÑ¿ÄË¿
ÃV…ˆ˜i˜° ÏÐÈÌÅÍÅÍÈ¿ÂÇÀÊÀÒÎ×ÍÎÉÈ
iˆÊB˜}iÀi˜Ê>ÃÌi˜Êi“«vi…i˜Ê܈ÀÊ`i˜Ê œÀʏœ˜}iÀʏœ>`ÃÊÜiÊÀiVœ““i˜`ÊÕȘ}Ê>ÌÊ ÃÈÁÎ×ÍÎÉÌÀØÈÍÀÕ
ˆ˜Ã>ÌâÊۜ˜Ê“ˆ˜`iÃÌi˜ÃÊâÜiˆÊi““i˜Êˆ“Ê i>ÃÌÊÌܜÊ}Àˆ«ÃÊ܈̅Ê>ÊӇi}}i`Êψ˜}ʜÀÊ>Ê
<ÜiˆÃÌÀ>˜}‡i…B˜}iʜ`iÀÊ>˜Êiˆ˜iÀÊ/À>ÛiÀÃi° ˆv̈˜}ÊLi>“° ŽÐÈÐÀÁÎÒÅÑÃÐÓÇÀÌÈÁÎËÜØÎÉÄËÈÍÛ
ÐÅÊÎÌÅÍÄÓÅÒÑ¿ÈÑÏÎËÜÇÎÂÀÒÜÍÅÌÅÍÅÅ
ÄÂÓÕÇÀÆÈÌÎÂÍÀÏÎÄÂÅÑÊÅÂÄÂÀÐÓ×Ü¿
ÈËÈÍÀÒÐÀÂÅÐÑÅ

, ," ‡/À>}Ži““iÊœ`iÊ-
*
, ," ʏˆv̈˜}Ê}Àˆ«Êœ`iÊ-
*ʱʍÆÒÔÚÉÊÈÁÇÉÍ2%.&2/%ŒÏÅÆÌÝ3#0!

/À>}vB…ˆ}ŽiˆÌ >ՏÜiˆÌiÊ >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ i܈V…Ì


`i˜Ì˜Õ““iÀÊ
 œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ "«i˜ˆ˜}Ê ““ 7iˆ}…Ì
`i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ —ÈÐÈÍÀÇÅÂÀÊÐÞÊÀ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} ““     V>°ÉÎÊʎ}
Ê Ê xää äqÊ £™ Ê Èä Ón{ Èä £Èn Ê Èä Ê {n £Î Ê Î]x £äÓnä{Ç{
Ê £xää äqÊ ÎÓ Ê ÇÎ Î{È ÈÇ Ó£{ Ê nÈ Ê Èä £È Ê È]x £äÓnä{Çx
Ê Îäää äqÊ x£ Ê Ç™ Îx{ Èä ÓÇx £ä{ Ê Ç£ £™ Ê n]x £äÓnä{ÇÈ
Ê Èäää äqÊ È{ ££ä {n{ ÇÈ Î{£ £ÎÇ Ê nÇ Óx Óä]ä £äÓnä{ÇÇ

£ääää äqÊ ÇÈ £{ä Ènä nÎ {£È £Ç£ ££Ó Óx {Ó]ä £äÓnä{Çn
 £xäää äq£äÓ £n{ xn£ ™x xxÓ Ó£ä £{£ ÎÓ ™x]ä £äÓnä{Ǚ


7ˆiÊœ`iÊ-
*]ʍi`œV…Ê“ˆÌÊâÕÀÊ ->“iÊ>Ãʓœ`iÊ-
*]ÊLÕÌÊÜˆÌ…Ê ‰ÀÊÌÎÄÅËÜ3#0 ÍÎÒÎËÜÊÎÑ
-iˆÌiÊLiÜi}ˆV…iÀÊÕv…B˜}i‡ “œÛˆ˜}ʏˆv̈˜}ÊiÞiÊ>ÌÊÈ`i°Ê/…ˆÃÊ ÏÎÄÂÅÑÍÎÉÑÅÐÜÃÎÉ ÊÎÒÎÐÀ¿
ŸÃi°Ê >…iÀÊ>ÕV…Ê}iiˆ}˜iÌÊvØÀÊ >ÃœÊ“>ŽiÃʈÌÊÃՈÌ>LiÊvœÀÊ}Àˆ«‡ ÌÎÆÅÒÏÅÐÅÌÅÙÀÒÜÑ¿Â
`>ÃÊÃiˆÌˆV…iʘÃV…>}i˜Ê>˜Ê`iÀÊ «ˆ˜}Ê̅iÊÈ`iÃʜvʏœ>`Ã°Ê ÁÎÊÎÂÎÌÍÀÏÐÀÂËÅÍÈÈ
>ÃÌ° ŽÎÝÒÎÌÓÒÀÊÆÅÏÐÈÃÎÄÅÍÄË¿
-«iVˆ>ÞÊÃՈÌi`ÊvœÀÊÕÃiÊÜˆÌ…Ê ÁÎÊÎÂÎÃÎÊÐÅÏËÅÍÈ¿ÍÀÃÐÓÇÅ
iܘ`iÀÃÊ}iiˆ}˜iÌÊvØÀÊ`i˜Ê Àœˆ˜}Ê>˜`ÊLiÛiˆ˜}ʓ>V…ˆ˜ið
ˆ˜Ã>ÌâÊ>˜Ê,œ‡Ê՘`ÊLŽ>˜Ì“>‡ ÑÎÁÅÍÍÎÏÐÈÃÎÄÅÍÄË¿
ÃV…ˆ˜i˜° ÏÐÈÌÅÍÅÍÈ¿ÂÇÀÊÀÒÎ×ÍÎÉÈ
ÃÈÁÎ×ÍÎÉÌÀØÈÍÀÕ
iˆÊB˜}iÀi˜Ê>ÃÌi˜Êi“«vi…i˜Ê܈ÀÊ`i˜Ê œÀʏœ˜}iÀʏœ>`ÃÊÜiÊÀiVœ““i˜`ÊÕȘ}Ê>ÌÊ ŽÐÈÐÀÁÎÒÅÑÃÐÓÇÀÌÈÁÎËÜØÎÉÄËÈÍÛ
ˆ˜Ã>ÌâÊۜ˜Ê“ˆ˜`iÃÌi˜ÃÊâÜiˆÊi““i˜Êˆ“Ê i>ÃÌÊÌܜÊ}Àˆ«ÃÊ܈̅Ê>ÊӇi}}i`Êψ˜}ʜÀÊ ÐÅÊÎÌÅÍÄÓÅÒÑ¿ÈÑÏÎËÜÇÎÂÀÒÜÍÅÌÅÍÅÅ
<ÜiˆÃÌÀ>˜}‡i…B˜}iʜ`iÀÊ>˜Êiˆ˜iÀÊ/À>ÛiÀÃi° ˆv̈˜}ÊLi>“° ÄÂÓÕÇÀÆÈÌÎÂÍÀÏÎÄÂÅÑÊÅÂÄÂÀÐÓ×Ü¿
ÈËÈÍÀÒÐÀÂÅÐÑÅ

/À>}Ži““i
Çä ˆv̈˜}Ê}Àˆ«Ê±ÊŠÁÎÁÓÜÉÐÑÉÎÁÅÌÆÇÎÏÒÓÉ
££

/À>ÛiÀÃi˜
-«Ài>`iÀÊLi>“ÃʱʒÑÁÃÆÑÒÜ

6iÀÃÌiÌÀ>ÛiÀÃiʏ«…>
`ÕÃÌ>Liʏˆv̈˜}ÊLi>“ʏ«…>ʱʏÆÑÆÅÃÉÇÎÁÀÓÑÁÃÆÑÒÁ!LPHA

UÊ <ÜiˆÊ&Ãi˜ÜˆÀLi‡>Ã̅>Ži˜Ê­˜ˆV…ÌÊ՘ÌiÀÊ c 4WOTWISTABLEEYELETLOADHOOKSCANNOTBE c ƒÂÀÃÐÓÇÎÂÛÕÊÐÞÊÀÑÂÐÀÙÀÞÙÅÉÑ¿


>ÃÌÊ`Ài…L>À®Ê“ˆÌÊ6iÀÃÌiLØ}i˜Ê“>˜ÕiÊ>ÕvÊ ROTATEDUNDERLOAD WITHMANUALLYADJUSTABLE ÑÅÐÜÃÎÉÍÅÂÐÀÙÀÅÒÑ¿ÏÎÄÍÀÃÐÓÇÊÎÉ
՘ÌiÀÃV…ˆi`ˆV…iÊLÃÌB˜`iÊiˆ˜ÃÌiL>À BRACKETSFORSETTINGTHESPAN ÑÐÅÃÓËÈÐÓÅÌÛÌÈÑÊÎÁÀÌÈ ÂÐÓ×ÍÓÞ
UÊ 6iÀÃÌiLØ}iÊ“ˆÌÊÃiˆÌˆV…i˜Ê ˆ˜…B˜}i…>Ži˜Ê c !DJUSTABLEBRACKETSEQUIPPEDWITHSIDE ÓÑÒÀÍÀÂËÈÂÀÅÌÛÌÈÍÀÐÀÇËÈ×ÍÛÅÐÀÑÑÒοÍÈ¿
>ÕÃ}iÀØÃÌiÌ HOOKS c ÅÃÓËÈÐÓÅÌÀ¿ÑÊÎÁÀ ÎÑÍÀÙÅÍÍÀ¿ÁÎÊÎÂÛÌÈ
UÊ ˆiÊ ˆ˜…B˜}i…>Ži˜ÊȘ`ÊvØÀÊÃV…œ˜i˜`iÃÊ c 4HEHOOKSAREROUNDEDTOPREVENTDAMAGE ÏÎÄÂÅÑÍÛÌÈÊÐÞÊÀÌȎÎÄÂÅÑÍÛÅÊÐÞÊÈ
˜ÃV…>}i˜Êۜ˜ÊÕÀÌi˜Ê}iÀ՘`iÌ TOSTRAPS ÑÊÐÓÃËÅÍÛÄË¿ÙÀÄ¿ÙÅÃÎÊÐÅÏËÅÍÈ¿ÐÅÌÍÅÉ
UÊ /À>ÛiÀÃi˜>Õv…B˜}՘}ÊvØÀÊ ˆ˜v>V……>Ži˜Ê c ,IFTINGBEAMSFORSINGLEHOOKS$). c ŽÎÄÂÅÑÊÀÒÐÀÂÅÐÑÛÄË¿ÏÐÎÑÒÎÃÎÊÐÞÊÀ
 Ê£x{ä£ c 3PECIALVERSIONSONLYAVAILABLEFOR6ARIO $).
UÊ -œ˜`iÀ>ÕÃv؅À՘}ʘÕÀÊLiˆÊœ`iÊ6>ÀˆœÊ MODELS c ÏÅÖÈÀËÜÍÎÅÈÑÏÎËÍÅÍÈÅÂÎÇÌÎÆÍÎÒÎËÜÊÎ
“Ÿ}ˆV… c ,IFTINGANGLEUPTO` ÄË¿ÌÎÄÅËÈ6ARIO
UÊ ˜ÃV…>}܈˜ŽiÊLˆÃÊÎäcÊ c ’ÃÎËÏÎÄÂÅÑÀÄÎ`

/À>}vB…ˆ}ŽiˆÌ >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ i܈V…Ì


`i˜Ì˜Õ““iÀÊ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ ““ 7iˆ}…Ì
`i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} ʓ>Ý ʓˆ˜   - 6 7 8 9 V>°ÉÎÊʎ}
Ê £äää £äää Ê {ää Ê {nä £xä ÓÓ £Óx Ê xx Îx £x Ê ÓÈ £äÓnä{nä
Ê £äää £Èää Ê Çää Ê {nä £xä ÓÓ £Óx Ê xx Îx £x Ê Î™ £äÓnä{n£
Ê £äää Óxää £äää Ê {nä £xä ÓÓ £Óx Ê xx Îx £x Ê {n £äÓnä{nÓ
Ê £Èää £Èää Ê nää Ê xxä Óää Ó{ £Óx Ê xx Îx £x Ê {È £äÓnä{nÎ
Ê £Èää Óxää Ê ™ää Ê xxä Óää Ó{ £Óx Ê xx Îx £x Ê Èx £äÓnä{n{
Ê £Èää Σxä ££xä Ê xxä Óää Ó{ £Óx Ê xx Îx £x Ê Çn £äÓnä{nx
Ê Óxää Óxää Ê ™ää Ê x™ä Óää Ó{ £xä Ê Çä {x Óä Ê n£ £äÓnä{nÈ
Ê Óxää Σxä ££xä Ê x™ä Óää Ó{ £xä Ê Çä {x Óä Ê ™È £äÓnä{nÇ
Ê Óxää {äää £Óää Ê ÈÎä Óää Ó{ £xä Ê Çä {x Óä £xx £äÓnä{nn
Ê {äää Óxää £äää Ê Çää Óxä Ón £Çx Ê nä xä Óä ££Ç £äÓnä{n™
Ê {äää {äää £äää Ê ÇÈx Óxä Ón £Çx Ê nä xä Óä ÓÓÓ £äÓnä{™ä
Ê {äää xäää £xää Ê ÇÈx Óxä Ón £Çx Ê nä xä Óä ÓÈx £äÓnä{™£
Ê ÈÎää Σxä ££xä Ê nnä Óxä Î{ Ó£ä Ê ™x xx Îä ÓÓÎ £äÓnä{™Ó
Ê ÈÎää {äää £äää Ê nnä Óxä Î{ Ó£ä Ê ™x xx Îä ÓÈn £äÓnä{™Î
Ê ÈÎää xäää £xää Ê ™xä Óxä Î{ Ó£ä Ê ™x xx Îä {£x £äÓnä{™{
£ääää {äää £äää £äxä Îää {Ó ÓÎx £ää Çä Îä ÎÇÎ £äÓnä{™x
£ääää xäää £{ää ££ää Îää {Ó ÓÎx £ää Çä Îä x£™ £äÓnä{™È
£ääää ÈÎää £xää ££ää Îää {Ó ÓÎx £ää Çä Îä ÈÓÎ £äÓnä{™Ç
£Èäää {äää £Èää £Ónä {ää xÓ Îää ££ä nx Îä x{£ £äÓnä{™n
£Èäää xäää £nää £Ónä {ää xÓ Îää ££ä nx Îä ÈÎ{ £äÓnä{™™
£Èäää ÈÎää £xää £ÎÎä {ää xÓ Îää ££ä nx Îä nÈ£ £äÓnäxää

6iÀÃÌiÌÀ>ÛiÀÃiÊ6>Àˆœ
`ÕÃÌ>Liʏˆv̈˜}ÊLi>“Ê6>ÀˆœÊ±ÊÆÑÆÅÃÉÇÎÁÀÓÑÁÃÆÑÒÁ6ARIO

UÊ /À>ÛiÀÃiÊ>ÕÃÊiˆ˜ŽœÀ˜L>ÕÃÌ>…ÊvØÀʅŸV…ÃÌiÊ i>˜Ã«ÀÕV…Õ˜}i˜ UÊ ˆv̈˜}ÊLi>“Ê“>˜Õv>VÌÕÀi`ÊvÀœ“Êw˜iÊ}À>ˆ˜i`ÊÃÌiiÊ̜ʓiiÌÊ̅iÊ c ‘ÐÀÂÅÐÑÀÈÇÌÅËÊÎÇÅÐÍÈÑÒÎÉÑÒÐÎÈÒÅËÜÍÎÉÑÒÀËÈÄË¿


UÊ ÀLiˆÌÃÌi“«iÀ>ÌÕÀLiÀiˆV…Êۜ˜ÊqÓäÊLˆÃÊ£ääc
…ˆ}…iÃÌÊ`i“>˜`à ÌÀÊÑÈÌÀËÜÍÛÕÍÀÃÐÓÇÎÊ
UÊ ˜ÃV…>}܈˜ŽiÊLˆÃÊ{xcʜ…˜iÊ/À>}vB…ˆ}ŽiˆÌÃiˆ˜LÕ~iʭÈi…iÊ UÊ 7œÀŽˆ˜}ÊÌi“«iÀ>ÌÕÀiÃÊvÀœ“ʇÓäÊ̜ʣääc
c ÀÁÎ×ÈÉÒÅÌÏÅÐÀÒÓÐÍÛÉÄÈÀÏÀÇÎÍÎÒ ÄÎ`
˜iLi˜ÃÌi…i˜`iÊ-Žˆââi®Ê`iÀÊ/À>ÛiÀÃi UÊ ˆv̈˜}Ê>˜}iÊÕ«Ê̜Ê{xcÊ܈̅œÕÌʏœÃÃʜvʏˆv̈˜}ÊV>«>LˆˆÌÞÊ­ÃiiÊ c ’ÃÎËÏÎÄÂÅÑÀÄÎ`ÁÅÇÓÌÅÍÜØÅÍÈ¿ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÈ
UÊ -œ˜`iÀ>ÕÃv؅À՘}i˜Ê>ÕvʘvÀ>}i >`>Vi˜ÌÊw}ÕÀi® ÑÌÐÀÑÏÎËÎÆÅÍÍÛÉпÄÎÌÐÈÑÓÍÎÊ ÒÐÀÂÅÐÑÛ
UÊ /À>ÛiÀÃi˜>Õv…B˜}՘}ÊvØÀÊ œ««i…>Ži˜Ê  Ê£x{äÓʓŸ}ˆV… UÊ -«iVˆ>ÊÛiÀȜ˜Ãʜ˜ÊÀiµÕiÃÌ c ÏÅÖÈÀËÜÍÛÅÌÎÄÈÔÈÊÀÖÈÈÏÎÇÀÏÐÎÑÓ
UÊ ÕV…ʈ˜Ê˜ˆV…ÌÊÛiÀÃÌiL>ÀiÀÊÕÃv؅À՘}ʏˆiviÀL>À UÊ ˆv̈˜}ÊLi>“ÃÊvœÀÊ`œÕLiʅœœŽÃÊ  Ê£x{äÓÊ«œÃÈLi c ÎÇÌÎÆÍÀÏÎÄÂÅÑÊÀÒÐÀÂÅÐÑÛÄË¿ÄÂÎÉÍÎÃÎÊÐÞÊÀ
UÊ ÃœÊ>Û>ˆ>LiÊ>Ãʘœ˜‡>`ÕÃÌ>LiÊÛiÀȜ˜ $).
c ÛÏÓÑÊÀÅÒÑ¿ÒÀÊÆÅÂÍÅÐÅÃÓËÈÐÓÅÌÎÌÂÀÐÈÀÍÒÅ

/À>ÛiÀÃi˜
ÇÓ ˆv̈˜}ÊLi>“ÃʱʒÑÁÃÆÑÒÜ
££

ÕÏi}iÀ‡6iÀÃÌiÌÀ>ÛiÀÃi
`ÕÃÌ>Liʏˆv̈˜}ÊLi>“Ê܈̅ÊVÀœÃÃÊLi>“ÃʱʐÆÄÔÌÉÑÔÆÍÁÀÓÑÁÃÆÑÒÁÒÓÑÆÌÜ

 “ˆ˜
7
8
 6

 “ˆ˜
ʓ>Ý  ʓ>Ý

/À>ÛiÀÃi˜Ê>ÕÃÊiˆ˜ŽœÀ˜L>ÕÃÌ>…Êˆ˜ÊB˜}ÇÊ՘`Ê+ÕiÀ‡
ÀˆV…Ì՘}ÊÛiÀÃÌiL>ÀiÊ6ˆiÀ‡*՘ŽÌ‡Õv…B˜}՘}°

/À>ÛiÀÃiÊ>ÕV…ʈ˜ÊÃÌ>ÀÀiÀÊÕÃv؅À՘}ʓˆÌÊۈiÀÊwÝi˜Ê˜‡
ÃV…>}«Õ˜ŽÌi˜ÊˆiviÀL>À]ʜ`iÀʓˆÌÊ}ii˜Žˆ}Ê}i>}iÀÌi˜Ê
+ÕiÀÌÀB}iÀ˜Ê­7ˆ««i˜®ÊâÕÀÊ}iˆV…“B~ˆ}i˜Ê i>ÃÌ՘}Ê
>iÀÊۈiÀÊ ˆ˜…B˜}i«Õ˜ŽÌi°

6ˆiÀÊ&Ãi˜ÜˆÀLi‡>Ã̅>Ži˜Ê­˜ˆV…ÌÊ՘ÌiÀÊ>ÃÌÊ`Ài…L>À®Ê
“ˆÌÊ6iÀÃÌiLØ}i˜Ê“>˜ÕiÊ>ÕvÊ՘ÌiÀÃV…ˆi`ˆV…i˜ÊL‡
ÃÌ>˜`Êiˆ˜ÃÌiL>À°
/À>ÛiÀÃi˜>Õv…B˜}՘}ÊvØÀÊ ˆ˜v>V……>Ži˜Ê  Ê£x{䣰

/À>}vB…ˆ}ŽiˆÌ >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ i܈V…Ì


`i˜Ì˜Õ““iÀÊ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ ““ 7iˆ}…Ì
`i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž} ʓˆ˜ ʓ>Ý ʓˆ˜ ʓ>Ý   - 6 7 8 V>°ÉÎÊʎ}
Ê Óxää £äää Óäää Ê xÓä £äää Ê ÇÈä Ê Èä £ää ÓÓ £xä Ê Çä {x Ê £Óä £äÓnäxä£
Ê Óxää ÓÓää {äää £äää Óäää Ê nää £ää £xä ÓÓ £xä Ê Çä {x Ê ÓÈä £äÓnäxäÓ
Ê {äää £äää Óäää Ê xÓä £äää Ê n™ä Ê Èä £ää Ó{ £Çx Ê nä xä Ê £xä £äÓnäxäÎ
Ê {äää ÓÓää {äää £äää Óäää Ê ™xä £ää £xä Ó{ £Çx Ê nä xä Ê Înä £äÓnäxä{
Ê ÈÎää £xää Îäää Ê nää £xää £äxä Ê Çä £xä Óx Ó£ä Ê ™x xx Ê ÎÓä £äÓnäxäx
Ê ÈÎää Óäää {äää £äää Óäää £££ä £ää Óää Óx Ó£ä Ê ™x xx Ê {{ä £äÓnäxäÈ
£ääää £xää Îäää £äää Óäää £Óxä £ää £xä Ón ÓÎx £ää Çä Ê ÈÇÇ £äÓnäxäÇ
£ääää Óäää {äää £Èää Îäää £Óää £ää Óää Ón ÓÎx £ää Çä Ê n£ä £äÓnäxän
£Èäää £xää Îäää £äää Óäää £Îää £ää £xä Î{ Îää £Óx nx Ê nÓä £äÓnäxä™
£Èäää Óäää {äää £Èää Îäää £{ää £ää Óää Î{ Îää £Óx nx £äxä £äÓnäx£ä

`ÕÃÌ>LiÊw˜iÊ}À>ˆ˜i`ÊÃÌiiÊˆv̈˜}ÊLi>“Ê܈̅Ê{ʏˆv̈˜}Ê ‘ÐÀÂÅÐÑÛÈÇÌÅËÊÎÇÅÐÍÈÑÒÎÉÑÒÐÎÈÒÅËÜÍÎÉ
«œˆ˜ÌÃ]Ê>`ÕÃÌ>Liʈ˜ÊLœÌ…ʏi˜}̅Ê>˜`Ê܈`̅°Ê ÑÒÀËÈ ÐÅÃÓËÈÐÓÅÌÛÅÂÏÐÎÄÎËÜÍÎÌÈÏÎÏÅÐÅ×ÍÎÌ
ÍÀÏÐÀÂËÅÍÈȖÅÒÛÐÅÕÒÎ×Å×ÍÀ¿ÏÎÄÂÅÑÊÀ
ˆv̈˜}ÊLi>“Ê>ÃœÊ>Û>ˆ>LiÊ>Ãʓœ`iÊÊ܈̅ÊvœÕÀÊwÝi`ʏˆv‡
̈˜}Ê«œˆ˜ÌÃ]ʜÀÊ܈̅ʫˆÛœÌi`ÊVÀœÃÃÊLi>“ʍœˆ˜ÌÃÊ­ÀœVŽiÀÃ®Ê ‘ÐÀÂÅÐÑÀÂÛÏÓÑÊÀÅÒÑ¿ÒÀÊÆÅÂÆÅÑÒÊÎÌÂÀÐÈÀÍÒÅ
̜ÊiÛi˜ÞÊ`ˆÃÌÀˆLÕÌiÊ̅iʏœ>`Ê̜Ê>ÊvœÕÀʏˆv̈˜}Ê«œˆ˜Ìð Ñ×ÅÒÛÐÜÌ¿ÔÈÊÑÈÐÎÂÀÍÍÛÌÈÒÎ×ÊÀÌÈÑÒÐÎÏÎÂÊÈ
ÈËÈÑÐÀÑÏÎËÎÆÅÍÍÛÌÈÍÀØÀÐÍÈÐÍÎÉÎÏÎÐÅ
œÕÀÊÌ܈ÃÌ>LiÊiÞiiÌʏœ>`ʅœœŽÃÊ­V>˜˜œÌÊLiÊÀœÌ>Ìi`Ê ÒÐÀÂÅÐÑÀÌÈËÅÁÅÄÊÀÌÈ ÄË¿ÐÀÂÍÎÌÅÐÍÎÃÎ
՘`iÀʏœ>`®Ê܈̅ʓ>˜Õ>ÞÊ>`ÕÃÌ>LiÊLÀ>VŽiÌÃÊvœÀÊ ÐÀÑÏÐÅÄÅËÅÍÈ¿ÍÀÃÐÓÇÊÈÌÅÆÄÓÂÑÅÌÈ×ÅÒÛÐÜÌ¿
ÃiÌ̈˜}Ê`ˆvviÀi˜ÌÊë>˜Ã° ÒÎ×ÊÀÌÈÏÎÄÂÅÑÊÈ
ˆv̈˜}ÊLi>“ÃÊvœÀÊȘ}iʅœœŽÃÊ  Ê£x{䣰
–ÅÒÛÐÅÃÐÓÇÎÂÛÕÊÐÞÊÀÑÂÐÀÙÀÞÙÅÉÑ¿ÑÅÐÜÃÎÉ
ÍÅÂÐÀÙÀÅÒÑ¿ÏÎÄÍÀÃÐÓÇÊÎÉ ÑÐÅÃÓËÈÐÓÅÌÛÌÈ
ÑÊÎÁÀÌÈ ÂÐÓ×ÍÓÞÓÑÒÀÍÀÂËÈÂÀÅÌÛÌÈÍÀÐÀÇÍÛÅ
ÐÀÑÑÒοÍÈ¿
ŽÎÄÂÅÑÊÀÒÐÀÂÅÐÑÛÄË¿ÏÐÎÑÒÎÃÎÊÐÞÊÀ$).

/À>ÛiÀÃi˜
ˆv̈˜}ÊLi>“ÃʱʒÑÁÃÆÑÒÜ ÇÎ
££

/À>ÛiÀÃiÊvØÀÊ>LiÃÌ>«iÀ
ˆv̈˜}ÊLi>“ÃÊvœÀÊvœÀŽ‡ˆvÌÊÌÀÕVŽÃʱʒÑÁÃÆÑÒÁÅÌÀÃÉÌÏØÎÏÄÏÐÏÄÑÔÈØÉËÁ

<ՓÊÕvÃÌiVŽi˜Ê>ÕvÊ`ˆiÊ>Liâˆ˜Ži˜°
-Ì>LˆiÊ*Àœw>ÕÃv؅À՘}Ê>ÕÃÊiˆ˜ŽœÀ˜L>ÕÃÌ>…Ê“ˆÌÊ
}iÃV…Üiˆ~Ìi˜Ê<ˆ˜Ži˜Ì>ÃV…i˜]ʓˆÌÊÃiˆÌ°ÊLÃÌiv؇
~i˜°Ê-ˆV…iÀ՘}Ê`ÕÀV…ÊâÜiˆÊ˜iLiÃV…À>ÕLi˜°ÊˆÌ̈}Ê
>˜}iœÀ`˜iÌÊiˆ˜Ê`Ài…‡Ê՘`ÊÃV…Üi˜ŽL>ÀiÀ]ʅœV…viÃÌiÀÊ
&Ãi˜ÜˆÀLi…>Ži˜Ê“ˆÌÊ-ˆV…iÀ՘}Ê­˜ˆV…ÌÊ՘ÌiÀÊ>ÃÌÊ
`Ài…L>À®°

<ÕÃ>Ìâ>ÕÃÃÌ>ÌÌ՘}
>Ã̅>Ži˜Ê“ˆÌÊÕ}i>}iÀ՘}ÊâÕ“Ê Ài…i˜Ê՘ÌiÀÊ>ÃÌ°Ê
/À>ÛiÀÃi˜“>~iÊ>ÕV…ʘ>V…ʈ˜`ˆÛˆ`Õii˜Ê ÀvœÀ`iÀ˜ˆÃÃi˜°

/À>}vB…ˆ}ŽiˆÌ >~iÊ±Ê ˆ“i˜Ãˆœ˜ÃʱʂÀÁÀÐÈÒÛ i܈V…Ì


`i˜Ì˜Õ““iÀÊ
œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞ ““ 7iˆ}…Ì
`i˜ÌʘՓLiÀ
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ ÅÑ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
Ž}   - V>°ÉÎÊʎ}
Ê £äää Èää xx £nä Ó{ä ÓÓ Ê £Î £äÓnäx££
Ê Óxää Èää Èä £nä ÓÈx Óx Ê Ón £äÓnäx£Ó
Ê xäää Èää Èä £nä Îxä Î{ Ê ÎÓ £äÓnäx£Î
£ääää ™xä Çä Ó£ä ÎÈx xÎ £ää £äÓnäx£{

œÀʓœÕ˜Ìˆ˜}ʜ˜Ê̅iÊvœÀŽÃ° ƒË¿ÍÀÑÀÆÈÂÀÍÈ¿ÍÀÂÈËÛ
-ÌÕÀ`ÞÊ«Àœwi`Ê`iÈ}˜Ê“>˜Õv>VÌÕÀi`ÊvÀœ“Êw˜iÊ}À>ˆ˜i`Ê ÒÀÁÈËÜÍÀ¿ÏÐÎÔÈËÜÍÀ¿ÊÎÍÑÒÐÓÊÖÈ¿ÈÇ
ÃÌiiÊ܈̅ÊÜi`i`Ê«Àœ˜}ʜ«i˜ˆ˜}ÃÊ>˜`ÊÃÕ««œÀ̈˜}ÊviiÌÊ ÌÅËÊÎÇÅÐÍÈÑÒÎÉÊÎÍÑÒÐÓÊÖÈÎÍÍÎÉÑÒÀËÈÑÎ
>ÌÊ̅iÊÈ`i°Ê-iVÕÀi`ÊÕȘ}ÊÌܜÊ̜}}iÊÃVÀiÜðʘÊ̅iÊ ÑÂÀÐÍÛÌÈÊÀÐÌÀÍÀÌÈÄË¿ÂÈË ÑÁÎÊÎÂÛÌÈ
Vi˜ÌÀiʈÃÊ>ÊÀœÌ>Ì>LiÊ>˜`Ê̈Ì>Liʅˆ}…‡ÃÌÀi˜}̅ÊÌ܈ÃÌ>LiÊ ÍÎÆÊÀÌÈ“ÈÊÑÀÖÈ¿ÂÛÏÎËÍ¿ÅÒÑ¿ÄÂÓÌ¿‘
iÞiiÌʅœœŽÊ܈̅ʏ>ÌV…Ê­V>˜˜œÌÊLiÊÀœÌ>Ìi`Ê՘`iÀʏœ>`®° ÎÁÐÀÇÍÛÌÈÂÈÍÒÀÌÈŽÎÖÅÍÒÐÓÐÀÑÏÎËÎÆÅÍ
ÂÐÀÙÀÞÙÈÉÑ¿ÈÏÎÂÎÐÀ×ÈÂÀÞÙÈÉÑ¿
VViÃÜÀˆià ÂÛÑÎÊÎÏÐÎ×ÍÛÉÊÐÞÊÑÂÐÀÙÀÞÙÅÉÑ¿ÑÅÐÜÃÎÉÈÑ
œ>`ʅœœŽÊ܈̅ÊÀœiÀÊLi>Àˆ˜}ÊvœÀÊÀœÌ>̈œ˜Ê՘`iÀʏœ>`°Ê ÏÐÅÄÎÕÐÀÍÈÒÅËÜÍÛÌÓÑÒÐÎÉÑÒÂÎÌÍÅÂÐÀÙÀÅÒÑ¿
"̅iÀÊLi>“Ê`ˆ“i˜Ãˆœ˜ÃÊ̜ÊÃՈÌʈ˜`ˆÛˆ`Õ>Ê>««ˆV>̈œ˜Ã° ÏÎÄÍÀÃÐÓÇÊÎÉ 

ƒÎÏÎËÍÈÒÅËÜÍÀ¿ÎÑÍÀÑÒÊÀ
‚ÐÓÇÎÂÎÉÊÐÞÊÑØÀÐÈÊÎÂÎÉÎÏÎÐÎÉÄË¿ÂÐÀÙÅÍÈ¿
ÏÎÄÍÀÃÐÓÇÊÎɏÀÇÌÅÐÛÒÐÀÂÅÐÑÛÒÀÊÆÅÏÎ
ÈÍÄÈÂÈÄÓÀËÜÍÎÌÓÒÐÅÁÎÂÀÍÈÞ

/À>ÛiÀÃi˜
Ç{ ˆv̈˜}ÊLi>“ÃʱʒÑÁÃÆÑÒÜ
££

ÕÃ}iˆV…ÃÌÀ>ÛiÀÃi˜

œ“«i˜Ã>̈˜}ÊLi>“ÃʱʂÜÑÁÃÎÉÃÁßÚÉÆÓÑÁÃÆÑÒÜ

ˆÌÊiÌÌi˜>Õv…B˜}՘}Ê՘`Ê"Û>Àˆ˜}°ÊÕvÊ 7ˆÌ…ÊV…>ˆ˜ÊÃÕëi˜Ãˆœ˜Ê>˜`ʜÛ>ÊÀˆ˜}°ÊÊ ÏÎÄÂÅÑÊÎÉÖÅÏÈÈÎÂÀËÜÍÛÌÊÎËÜÖÎÌ


iˆ˜iÀÊ`ÕÀV…>Õvi˜`i˜Ê,՘`ÃÌ>…ŽiÌÌiÊȘ`Ê Vœ˜Ìˆ˜ÕœÕÃÊÀœÕ˜`i`ÊÃÌiiÊV…>ˆ˜Ê܈̅ʅˆ}…‡ ŒÀÁÅÑÊÎÍÅ×ÍÎÉÖÅÏÈÈÇÊÐÓÃËÎÉ
…œV…viÃÌiÊ-ˆV…iÀ…iˆÌÇ&Ãi˜…>Ži˜Ê“ˆÌÊ ÃÌÀi˜}̅ÊÃ>viÌÞÊiÞiʅœœŽÃ°Ê`ÕÃÌi`ÊÕȘ}Ê ÑÒÀËÈÏÎÄÂÅØÅÍÛÂÛÑÎÊÎÏÐÎ×ÍÛÅ
iˆÌÃV…Õ…i˜ÊÛiÀÃV…ˆiLL>ÀÊ>˜}iLÀ>V…Ì°Ê ψ`ˆ˜}Ê«>ÌiðÊÕ̜“>̈V>ÞÊVœ“«i˜Ã>ÌiÃÊ ÏÐÅÄÎÕÐÀÍÈÒÅËÜÍÛÅÊÐÞÊÈÑÑÅÐÜÃÎÉ
>“ˆÌÊiÀ}ˆLÌÊÈV…Ê`iÀÊ>Õ̜“>̈ÃV…iÊ >˜Þʅiˆ}…ÌÊ`ˆvviÀi˜ViÃÊ>˜`Ê`ˆÃÌÀˆLÕÌiÃÊ̅iÊ ÏÅÐÅÄÂÈÃÀÅÌÛÅÎÏÎÐÍÛÌÈÁÀØÌÀÊÀÌÈ
Ÿ…i˜>ÕÃ}iˆV…Ê՘`Ê`ˆiÊ}iˆV…“B~ˆ}iÊ œ>`Ê̜Ê>Êˆv̈˜}Ê«œˆ˜ÌðÊ/…iÊŜÀÌi˜ˆ˜}Ê ‘ÀÊÈÌÎÁÐÀÇÎÌÎÁÅÑÏÅ×ÈÂÀÅÒÑ¿
i>ÃÌ՘}Ê>iÀÊ>ÃÌ>Õv˜>…“i«Õ˜ŽÌi°Ê iÀÊ `iۈViÊ>ÌÊ̅iÊi˜`ʜvÊ̅iÊV…>ˆ˜Ê«iÀ“ˆÌÃÊ̅iÊ ÀÂÒÎÌÀÒÈ×ÅÑÊÎÅÂÛÐÀÂÍÈÂÀÍÈÅÏÎ
iÌÌi˜ÛiÀŽØÀâiÀÊ>“ÊiÌÌi˜i˜`iÊiÀ“Ÿ}ˆV…ÌÊ >`ÕÃ̓i˜ÌʜvÊ̅iÊV…>ˆ˜Êi}ʏi˜}̅ʈvÊ>Ê ÂÛÑÎÒÅÈÐÀÂÍÎÌÅÐÍÎÅÐÀÑÏÐÅÄÅËÅÍÈÅ
`i˜ÊB˜}i˜>ÕÃ}iˆV…Ê`iÃÊiÌÌi˜ÃÌÀ>˜}iÃ]Ê ˆv̈˜}Ê«œˆ˜ÌÃÊ>ÀiʘœÌÊÃÕ««œÀ̈˜}Ê̅iʏœ>`° ÍÀÃÐÓÇÊÈÌÅÆÄÓÂÑÅÌÈÏÐÈÍÈÌÀÞÙÈÌÈ
Üi˜˜Ê˜ˆV…ÌÊ>iÊ>Ži˜Ê>˜Ê`iÀÊ>ÃÌÊ>˜}i‡ ÍÀÃÐÓÇÊÓÒÎ×ÊÀÌÈ’ÊÎÐÎÒÈÒÅËÜÍÀ
ÃV…>}i˜ÊÜiÀ`i˜° >V…Ê…œœŽÊ“>ÞÊLiʏœ>`i`Ê܈̅ʓ>Ý°ÊÓÊÌ ÊÎÍÖÅÖÅÏÈÏÎÇÂÎË¿ÅÒÂÛÐÀÂÍÈÂÀÒÜ
­œLÃiÀÛiÊ̅iÊ̜Ì>Êœ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ ÐÓ×ÅÉÖÅÏÈÏÎÄËÈÍÅ ÅÑËÈÍÅÂÑÅÊÐÞÊÈ
ˆiÊ ˆ˜âi…>Ži˜Ê`ØÀvi˜Ê“ˆÌʓ>Ý°ÊÓÊÌÊLi‡ œvÊ̅iÊLi>“t® ÏÐÈÊÐÅÏË¿ÞÒÑ¿ÊÃÐÓÇÓ
>ÃÌiÌÊÜiÀ`i˜Ê­iÃ>“ÌÌÀ>}vB…ˆ}ŽiˆÌÊ`iÀÊ
/À>ÛiÀÃiÊLi>V…Ìi˜t® ŒÀÃÐÓÇÊÀÍÀÎÄÈÍÎ×ÍÛÅÊÐÞÊÈÍÅ
ÌÎÆÅÒÏÐÅÂÛØÀÒÜÒ
ŒÅÎÁÕÎÄÈÌÎÓ×ÈÒÛÂÀÒÜÎÁÙÓÞ
7 ÃÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜÒÐÀÂÅÐÑÛ
©8
6



- /À>}vB…ˆ}ŽiˆÌÊ

œ>`ÊLi>Àˆ˜}ÊV>«>VˆÌÞÊ Ž} Îxää xäää näää £ääää
‚ÐÓÇÎÏÎÄÚÅÌÍÎÑÒÜ

ÊÊ ““ Îäää {äää Èäää Ê Èäää


ÊÊ ““ £Î{ä £Ç{ä Ó£{ä ÓÓää
ÊÊ ““ Ê xää Ê xää Ê xää Ê xää
-ÊÊ ““ Ê Ê Ó™ Ê Ê Ó™ Ê Ê Ó™ Ê Ê Îx
6ÊÊ ““ Ê £Èä Ê £nä Ê £nä Ê ÓÓä
ÕÃv؅À՘}ʓˆÌÊÛiÀv>…ÀL>ÀiÀÊÕv…B˜}՘} 7ÊÊ ““ Ê Ê ™ä Ê £ää Ê £ää Ê £{x

>˜œiÕÛÀ>LiÊÃÕëi˜Ãˆœ˜Ê`iÈ}˜ 8ÊÊ ““ Ê Ê ÓÓ Ê Ê ÓÈ Ê Ê ÓÈ Ê Ê ÎÎ
ŒÏÅÆÌÝÒÐÆÑÆÍÆÚÁÆÍÏÊÐÏÅÃÆÒËÏÊ i܈V…ÌÊÊ V>°ÊŽ} Ê £Èä Ê Ó£ä Ê Ó™ä Ê {{ä
`i˜Ì˜Õ““iÀÊ
`i˜ÌʘՓLiÀ £äÓnäx£x £äÓnäx£È £äÓnäx£Ç £äÓnäx£n
‡ÄÅÍÒÍÛÉÍÎÌÅÐ

/À>ÛiÀÃi˜
ˆv̈˜}ÊLi>“ÃʱʒÑÁÃÆÑÒÜ Çx
£Ó

*"9/ 8‡<ÕÀÀ}ÕÀÌÃÞÃÌi“Ê,-Ê£ä äää


*"9/ 8ÊÀ>V…iÌÊÃÌÀ>«ÊÃÞÃÌi“Ê,-Ê£ä äääʱʑÉÒÓÆÍÁËÑÆÐÆÇÎÜÖÓÀÇÆÊ0/,94%823

iܘ`iÀÃÊÃÌ>LˆiÃÊ<ÕÀÀÃÞÃÌi“Ê ÑÎÁÎÓÑÒÎÉ×ÈÂÀ¿ÊÐÅÏÅÆÍÀ¿
vØÀÊÊÃV…ÜiÀiÊ>`iiˆ˜…iˆÌi˜Ê ÑÈÑÒÅÌÀÄË¿Ò¿ÆÅËÛÕ
i`iÀÊÀÌ]ʓˆÌÊiÝÌÀ>ÊÃÌ>ÀŽi“Ê ÃÐÓÇÎÂÛÕÏËÀÒÔÎÐÌËÞÁÎÃÎ
ÕÀÌL>˜`° ÐÎÄÀ ÑÈÑÊËÞ×ÈÒÅËÜÍÎ
ÏÐÎ×ÍÛÌÐÅÌÍÅÌ
*>À̈VՏ>ÀÞÊÀÕ}}i`ʏ>ň˜}Ê
ÃÌÀ>«ÊÃÞÃÌi“ÊvœÀÊ>ÊÌÞ«iÃʜvÊ
…i>ÛÞʏœ>`]Ê܈̅ÊiÝÌÀ>ÊÃÌÀœ˜}Ê
ÃÌÀ>«Ã°

<ÕÀÀ>ÀÌ

>ň˜}ʓi̅œ`

ÈÄÊÐÅÏÅÆÀ

<Տ°Ê<Õ}ŽÀ>vÌÊ
Ê­`> ®
*iÀ“ˆÃÈLiÊÌi˜ÃˆiÊvœÀViÊ
Ê­`> ® {äää Èäää Ê Èäää
ƒÎÏÓÑÒÈÌÎÅÓÑÈËÈÅÍÀÒ¿ÆÅÍÈ¿,#DA.
ÀÕV…ŽÀ>vÌÊ Ê­`> ®
Ài>Žˆ˜}ʏœ>`Ê Ê­`> ® £Ç{ä Ó£{ä ÓÓää
’ÑÈËÈÅÐÀÇÐÛÂÀ"&DA.
6œÀë>˜˜ŽÀ>vÌÊ-ÌvÊÓxäÊ`> Ê­*À>݈ÃÜiÀÌÊ{ääÊ`> ®
ÕÀÌLÀiˆÌiÊxäʓ“ *ÀiÃÌÀiÃȘ}ÊvœÀViÊÓxäÊÊ`> Ê­Ê{ääÊ`> ®
’ÑÈËÈÅÏÐÅÄÂÀÐÈÒÅËÜÍÎÃÎÍÀÒ¿ÆÅÍÈ¿DA.ÏÐÀÊÒÈ×ÅÑÊÎÅÇÍÀ×ÅÍÈÅDA.
-ÌÀ>«Ê܈`̅Êxäʓ“
˜ÉÑÉÎÁÑÆÍÎÀÍÍ

iˆ˜Ìiˆˆ}Ê 
œ˜iÊ«ˆiViʱÊÏÅÎÏÒÆË×ÉÏÎÎÁÀ

`i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ,'
xʓ nʓ £äʓ Óäʓ
ÇǙäÎÈxän £äÓnÎÓ{Ó £äÓnÎÓ{Î ÇǙäÎxÈän

âÜiˆÌiˆˆ}ʓˆÌʏ>Õi˜`À>…Ì…>Ži˜

Ìܜ‡«ˆiViÊ܈̅ÊV>ÜʅœœŽÊ±ÊÅÃÔÖÒÆË×ÉÏÎÎÁÀÒÐÑÏÃÏÌÏØÎÜÍËÑßËÏÍ

`i˜Ì˜Õ““iÀʱÊ`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ,'
xʓ nʓ £äʓ Óäʓ
£äÓnÎÓ{{ £äÓnÎÓ{x

°°°Ê՘`Ê`ˆiÊ«>ÃÃi˜`i˜Ê-V…ÕÌâÃÞÃÌi“i
°°°Ê>˜`Ê̅iÊÃՈÌ>LiÊ«ÀœÌiV̈œ˜ÊÃÞÃÌi“ÃʱÊtÉÒÏÏÓÃÆÓÒÓÃÔßÚÉÆÈÁÚÉÓÎÜÆÒÉÒÓÆÍÜ

*"9/ 8‡>˜Ìi˜ÃV…ÕÌ⫏>ÌÌi
*"9/ 8‡>˜Ìi˜ÃV…ÕÌâ܈˜Ži *"9/ 8‡>˜Ìi˜ÃV…ÕÌâ܈˜ŽiÊ-Ì>…
>ÕV…ÊâÕÊÛiÀÜi˜`i˜Ê>ÃÊ,>ÌÃV…i˜Õ˜ÌiÀ>}i
*"9/ 8‡i`}iÊ«ÀœÌiV̈œ˜Ê«>ÌiÊV>˜Ê>ÃœÊLiÊÕÃi`Ê
*"9/ 8‡i`}iÊ«ÀœÌiV̈œ˜Ê>˜}i *"9/ 8‡i`}iÊ«ÀœÌiV̈œ˜Ê>˜}i]ÊÃÌii
>ÃÊ>˜Ê՘`iÀ>ÞÊvœÀÊ̅iÊÀ>ÌV…iÌ
ŽËÀÑÒÈÍÀÄË¿ÇÀÙÈÒÛÊÐÎÌÎÊ0/,94%8ÌÎÆÅÒÁÛÒÜÒÀÊÆÅ
’ÃÎËÎÊÄË¿ÇÀÙÈÒÛÊÐÎÌÎÊ0/,94%8 ÒÀËÜÍÎÉÓÃÎËÎÊÄË¿ÇÀÙÈÒÛÊÐÎÌÎÊ0/,94%8
ÈÑÏÎËÜÇÎÂÀÍÀÊÀÊÏÎÄÊËÀÄÊÀÏÐÎÒÈÂÏÐÎÑÊÀËÜÇÛÂÀÍÈ¿
`i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ `i˜Ì˜Õ““iÀ
£äÓnÎÓΙ £äÓnÎÓ{ä £äÓnÎÓ{£
`i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ `i˜ÌʘՓLiÀʱʇÄÅÍÒÍÛÉÍÎÌÅÐ

*œÞÌi݇<ÕÀÀ}ÕÀÌÃÞÃÌi“
ÇÈ *"9/ 8ʏ>ň˜}ÊÃÌÀ>«ÊÃÞÃÌi“ʱʑÉÒÓÆÍÁËÑÆÐÆÇÎÜÖÓÀÇÆÊ0/,94%8
£Î

<ÕÀÀŽiÌÌi˜ÃÞÃÌi“Ê,

…>ˆ˜Ê>ň˜}ÊÃÞÃÌi“Ê,ʱʑÉÒÓÆÍÁËÑÆÐÆÇÎÜÖ×ÆÐÆÊ!2+

âÜiˆÌiˆˆ} ÄÂÓÕÑÅÊÖÈÎÍÍÀ¿
-i…ÀÊyi݈LiÃÊ<ÕÀÀÃÞÃÌi“]Ê ×ÅÍÜÃÈÁÊÀ¿ÊÐÅÏÅÆÍÀ¿
“ˆÌÊiˆ˜iÀÊ,>ÌÃV…iÊ`ˆiÊ>˜Ê ÑÈÑÒÅÌÀ ÑÕÐÀÏÎÂÛÌ
i`iÀÊ-ÌiiÊ`iÀÊiÌÌiÊ«œÃˆÌˆœ‡ ÌÅÕÀÍÈÇÌÎÌ ÊÎÒÎÐÛÉ
˜ˆiÀÌÊÜiÀ`i˜ÊŽ>˜˜° ÌÎÆÅÒÁÛÒÜÏÎÌÅÙÅÍÂ
>Ži˜Ê՘`Ê6iÀŽØÀâiÀʓˆÌÊ ËÞÁÎÉ×ÀÑÒÈÖÅÏÈ
-ˆV…iÀ՘}° ‰ÐÞÊÈÓÊÎÐÎÒÈÒÅËÜÑ
ÔÈÊÑÀÒÎÐÎÌ

Ìܜ‡«ˆiVi
6iÀÞÊyi݈Liʏ>ň˜}ÊÃÞÃÌi“Ê
܈̅ÊÀ>ÌV…iÌÊ̅>ÌÊV>˜ÊLiʓœ‡
Ûi`Ê>˜Þ܅iÀiʜ˜Ê̅iÊV…>ˆ˜°
œœŽÊ>˜`ÊŜÀÌi˜ˆ˜}Ê`iۈViÊ
܈̅ʏ>ÌV…°

˜`iÀiÊ>ÃÊ`>À}iÃÌiÌiÊB˜}i˜Ê>ÕvʘvÀ>}iʱÊ"̅iÀʏi˜}̅ÃÊ̅>˜Ê̅œÃiÊÃÌ>Ìi`ʜ˜ÊÀiµÕiÃÌ
ƒÐÓÃÈÅ ÎÒËÈ×ÍÛÅÎÒÓÊÀÇÀÍÍÛÕÄËÈÍÛÏÎÇÀÏÐÎÑÓ

>Ý°ÊâՏ°Ê<Õ}ŽÀ>vÌʈ“Ê`ˆÀiŽÌi˜Ê<Õ} -Ì>˜`>À`B˜}iÊLiˆÊ}iÃV…œÃÃi˜i“Ê-«>˜˜iÀ -«>˜˜Üi} >ՏÜiˆÌi


-ÞÃÌi“ >Ý°Ê«iÀ“ˆÌÌi`Ê`ˆÀiVÌÊÌi˜Ãˆœ˜ˆ˜}ÊvœÀVi -Ì>˜`>À`ʏi˜}̅Ê܅i˜ÊÌi˜Ãˆœ˜ˆ˜}ÊV>“«ÊˆÃÊVœÃi` /i˜Ãˆœ˜ˆ˜}Ê`ˆÃÌ>˜Vi `i˜Ì˜Õ““iÀÊ
‹ÀÊÑÈÌÀËÜÍÎÅÄÎÏÓÑÒÈÌÎÅÒ¿ÃÎÂÎÅ ÒÀÍÄÀÐÒÍÀ¿ÄËÈÍÀÏÐÈÇÀÊÐÛÒÎÌ "«i˜ˆ˜}
-ÞÃÌi“ ƒËÈÍÀÏÅÐÅÌÅÙÅÍÈ¿ `i˜ÌʘՓLiÀ
ÓÑÈËÈÅÏÐÈÏпÌÎÌÍÀÒ¿ÆÅÍÈÈ ÍÀÒ¿ÆÍÎÌÓÑÒÐÎÉÑÒÂÅÎÊÎËÎ ÏÐÈÍÀÒ¿ÆÅÍÈÈ —ÈÐÈÍÀÇÅÂÀÊÐÞÊÀ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÈÑÒÅÌÀ
`> ʓ“ ““ ““

,ÊÊ n Ê {äää Îäää £Çä ÓÇ £äÓnä{Èx


,Ê£ä Ê ÈÎää Îäää £Çä Îä £äÓnä{ÈÈ
,ʣΠ£ääää Îäää £Çä În £äÓnä{ÈÇ

ˆiÊ-ˆV…iÀ՘}Êۜ˜ÊÃV…ÜiÀi˜Ê >Õ}iÀBÌi˜]Ê -iVÕÀˆ˜}ʅi>ÛÞÊLՈ`ˆ˜}ÊiµÕˆ«“i˜Ì]ÊÛi…ˆV‡ “ÈÊÑÀÖÈ¿Ò¿ÆÅËÎÃÎÑÒÐÎÈÒÅËÜÍÎÃÎ


>…ÀâiÕ}i˜Ê՘`Ê>ÃV…ˆ˜i˜Ê>ÕvÊ/ˆiy>`iÀ˜Ê iÃÊ>˜`ʓ>V…ˆ˜iÃʜ˜ÊœÜ‡œ>`iÀÃÊÀiµÕˆÀiÃÊ ÎÁÎÐÓÄÎÂÀÍÈ¿ÈÌÀØÈÍÍÀ
iÀvœÀ`iÀÌʈ˜Ê`iÀÊ-V…ÀB}‡Ê՘`Ê ˆ>}œ˜>ÛiÀ‡ …ˆ}…‡ÃÌÀi˜}̅Ê>˜}Տ>ÀÊ>˜`Ê`ˆ>}œ˜>Ê>ň˜}Ê ÍÈÇÊÈÕÃÐÓÇÎÂÛÕÏËÀÒÔÎÐÌÀÕÏÐÈ
âÕÀÀ՘}ʅŸV…ÃÌiÊ i>ÃÌL>ÀŽiˆÌÊ`iÀÊ<ÕÀÀ“ˆÌ‡ }i>Àʈ˜Ê`ˆÀiVÌʫՏ°° ÏÅÐÅÊÐÅÑÒÍÎÌÈÄÈÀÃÎÍÀËÜÍÎÌ
ÌiÊˆ“Ê ˆÀiŽÌâÕ}° ÊÐÅÏËÅÍÈÈÒÐÅÁÓÅÒÎÒÊÐÅÏÅÆÍÛÕ
ÑÐÅÄÑÒÂÑÏÎÑÎÁÍÎÑÒÈÂÛÄÅÐÆÈÂÀÒÜ
ÌÀÊÑÈÌÀËÜÍÛÅÍÀÃÐÓÇÊÈÏÐÈÏпÌÎÌ
ÍÀÒ¿ÆÅÍÈÈ

<ÕÀÀŽiÌÌi˜ÃÞÃÌi“
Çn
…>ˆ˜Ê>ň˜}ÊÃÞÃÌi“ʱʑÉÒÓÆÍÁËÑÆÐÆÇÎÜÖ×ÆÐÆÊ
£{

՘Ž}iÀBÌi
,>`ˆœÊ1˜ˆÌÃʱʐÁÅÉÏÒÓÁÎ×ÉÉ

*ÊÎÓäÊ >ÃÊ*À>ŽÌˆÃV…iÊ՘Ž}iÀBÌ
*ÊÎÓäÊ/…iÊ*À>V̈V>Ê,>`ˆœÊ1˜ˆÌʱÊ'0ÑÁËÓÉØÎÁÀÑÁÅÉÏÒÓÁÎ×ÉÀ

>ÃÊ*ÎÓäÊÃÌiÌÊiˆ˜Ê«À>ŽÌˆÃV…iÃÊ ˆ˜‡>˜>ÊiÀBÌÊvØÀʘÜi˜`iÀÊ /…iÊ*ÎÓäʈÃÊ>Ê«À>V̈V>ÊȘ}i‡V…>˜˜iÊ՘ˆÌÊvœÀÊÕÃiÀÃÊ܅œÊ '0ÏÐÅÄÑÒÀÂË¿ÅÒÑÎÁÎÉÏÐÀÊÒÈ×ÍÓÞÎÄÍÎÊÀÍÀËÜÍÓÞ


`>À]Ê`ˆiÊiˆ˜ÊµÕ>ˆÌ>̈ÛʅœV…ÜiÀ̈}iÃ]ÊÛiÀBÃψV…iÃÊiÀBÌÊLi˜ŸÌˆ‡ `i“>˜`ʅˆ}…‡µÕ>ˆÌÞÊ>˜`ÊÀiˆ>LˆˆÌÞ°Ê"«iÀ>̈œ˜ÊˆÃÊÃÌÀ>ˆ}…ÌvœÀÜ>À`\Ê ÐÀÄÈÎÑÒÀÍÖÈÞÄË¿ÏÎËÜÇÎÂÀÒÅËÅÉ ÊÎÒÎÐÛÌÍÓÆÍÀ
}i˜°Ê ˆiÊ i`ˆi˜Õ˜}ʈÃÌÊiˆ˜v>V…\ʘœ«vÊ`ÀØVŽi˜Ê՘`ÊëÀiV…i˜°Ê «ÕÅÊ̅iÊLÕÌ̜˜Ê̜ÊÌ>Ž°Ê/…ˆÃÊ՘ˆÌʈÃÊ̅iÊ«iÀviVÌʈ˜ÌÀœ`ÕV̈œ˜ÊÌœÊ ÂÛÑÎÊÎÊÀ×ÅÑÒÂÅÍÍÀ¿ÍÀÄÅÆÍÀ¿ÀÏÏÀÐÀÒÓÐÀ’ÏÐÀÂËÅÍÈÅ
ˆiÃiÃÊiÀBÌÊiˆ}˜iÌÊÈV…Ê…iÀۜÀÀ>}i˜`Ê>ÃÊ ˆ˜Ã̈i}ʈ˜Ê`i˜Ê «ÀœviÃȜ˜>Ê“œLˆiÊÀ>`ˆœÊ>˜`ʈÃÊ̅iʈ`i>Ê܏Ṏœ˜ÊvœÀÊȓ«iÊ>˜`Ê ÏÐÎÑÒÎÅÍÀÆÌÈÒÅÍÀÊÍÎÏÊÓÈÃÎÂÎÐÈÒÅœÒÀÐÀÄÈÎÑÒÀÍÖÈ¿
*Àœwv՘ŽÊ՘`ÊÃÌiÌÊ`>Ãʈ`i>iÊ*Àœ`ՎÌÊvØÀÊ-ˆiÊ`>À]ÊÜi˜˜Ê-ˆiÊ…ÀiÊ ivwVˆi˜ÌÊVœ““Õ˜ˆV>̈œ˜° ÈÑÊËÞ×ÈÒÅËÜÍÎÏÎÄÕÎÄÈÒÄË¿ÍÀ×ÀËÀÏÐÎÔÅÑÑÈÎÍÀËÜÍÎÃÎ
œ““Õ˜ˆŽ>̈œ˜Êiˆ˜v>V…Ê՘`Êivwâˆi˜ÌÊ}iÃÌ>Ìi˜Êܜi˜° ÎÑÂÎÅÍÈ¿ÐÀÄÈÎÑ¿ÇÈÈ¿ÂË¿ÅÒÑ¿ÈÄÅÀËÜÍÛÌÏÐÎÄÓÊÒÎÌÄË¿
ÒÅÕ ÊÒÎÕÎ×ÅÒÏÎËÓ×ÈÒÜÏÐÎÑÒÓÞÈÝÔÔÅÊÒÈÂÍÓÞÑ¿ÇÜ

<ÕÊ`i˜ÊLi`ˆi˜iÀvÀi՘`ˆV…i˜Ê ˆ}i˜ÃV…>vÌi˜Ê}i…ŸÀi˜\ ÌÃÊÕÃiÀ‡vÀˆi˜`ÞÊvi>ÌÕÀiÃʈ˜VÕ`i\ ‰ÓÄÎÁÍÛÌÄË¿ÏÎËÜÇÎÂÀÒÅË¿ÂÎÇÌÎÆÍÎÑÒ¿ÌÎÒÍÎÑ¿ÒÑ¿

UÊ -ˆ}˜>ˆÃˆiÀ՘} UÊ -ˆ}˜>ˆ˜} c ÈÃÍÀËÈÇÀÖÈ¿


Ê *ÀˆÛ>Ìiʈ˜iÊ՘`Êx‡/œ˜Ê-iiŽÌˆÛÀÕvÊÛiÀ…ˆ˜`iÀ˜Ê-̟À՘}i˜Ê`ÕÀV…Ê Ê *ÀˆÛ>Ìiʏˆ˜iÊ>˜`Êx‡Ìœ˜iÊÃiiV̈ÛiÊV>ˆ˜}Ê«ÀiÛi˜Ìʈ˜ÌiÀviÀi˜ViÊ ŠÈ×ÍÀ¿ËÈÍÈ¿È ÒÎÍÎÂÛÉÑÅËÅÊÒÈÂÍÛÉÂÛÇÎÂ
>˜`iÀiÊ՘ŽÌiˆ˜i…“iÀ° vÀœ“ʜ̅iÀÊÀ>`ˆœÊÕÃiÀð ÏÐÅÏ¿ÒÑÒÂÓÞÒÂÎÇÄÅÉÑÒÂÈÞÏÎÌÅÕÎÒÄÐÓÃÈÕÀÁÎÍÅÍÒÎÂ
UÊ 8‡*>˜`ʏ>˜}ÛiÀLiÃÃiÀ՘}Ê՘`ÊiÀBÕÃV…Õ˜ÌiÀ`ÀØVŽÕ˜} UÊ 8‡*>˜`ÊÜ՘`Êi˜…>˜Vi“i˜ÌÊ>˜`ʘœˆÃiÊÃÕ««ÀiÃȜ˜ c 8 0ANDÓËÓ×ØÅÍÈÅÇÂÓÊÀÈÏÎÄÀÂËÅÍÈÅØÓÌÎÂ
Ê >Ài]ÊÃÌ>LˆiÊ/œ˜µÕ>ˆÌBÌÊ>ÕV…ʈ˜Ê}iÀBÕÃV…ÛœiÀÊ1“}iL՘}°Ê Ê
i>À]ÊÃÌ>LiÊÜ՘`ʵÕ>ˆÌÞÊiÛi˜Êˆ˜Ê˜œˆÃÊi˜ÛˆÀœ˜“i˜ÌÃ°Ê œˆÃiÊ žÑÍÛÉÑÒÀÁÈËÜÍÛÉÇÂÓÊÄÀÆÅÂØÓÌÍÎÉÎÊÐÓÆÀÞÙÅÉ
ˆiÊiÀBÕÃV…Õ˜ÌiÀ`ÀØVŽÕ˜}ÊLˆiÌiÌÊiˆ˜iÊÜiˆÌiÀiÊ6iÀLiÃÃiÀ՘}Ê ÃÕ««ÀiÃȜ˜ÊvÕÀ̅iÀʈ“«ÀœÛiÃÊÜ՘`ʵÕ>ˆÌÞ]Ê>ÃʘœˆÃiʈÃÊÀi`Շ ÑÐÅÄÅ—ÓÌÎÏÎÄÀÂËÅÍÈÅÄÀÅÒÄÎÏÎËÍÈÒÅËÜÍÎÅÓËÓ×ØÅÍÈÅ
`iÀÊ/œ˜µÕ>ˆÌBÌ]Ê`>ÊiÀBÕÃV…iÊÜB…Ài˜`Ê-«ÀiV…«>ÕÃi˜ÊÀi`Շ Vi`Ê`ÕÀˆ˜}Ê«>ÕÃiÃʈ˜ÊVœ˜ÛiÀÃ>̈œ˜° ÊÀ×ÅÑÒÂÀÇÂÓÊÀ ÒÊÂÏÀÓÇÀÕÐÀÇÃÎÂÎÐÀÓÐÎÂÅÍÜØÓÌÀ
âˆiÀÌÊÜiÀ`i˜° UÊ “iÀ}i˜VÞÊÈ}˜> ÑÍÈÆÀÅÒÑ¿
UÊ œÌÀÕvÈ}˜>ˆÃˆiÀ՘} Ê *ÀiÃÃÊ>ÊLÕÌ̜˜Ê̜ÊÃi˜`Ê>˜Êi“iÀ}i˜VÞÊÈ}˜>Ê̜Ê>Ê«Ài‡`iw˜i`Ê c ÂÀÐÈÉÍÀ¿ÑÈÃÍÀËÈÇÀÖÈ¿
Ê -i˜`iÌÊ>Õvʘœ«v`ÀÕVŽÊiˆ˜Ê œÌÀÕvÈ}˜>Ê>˜Êiˆ˜iÊۜÀLiÃ̈““ÌiÊ «iÀܘʜÀÊ}ÀœÕ«° ŒÀÆÀÒÈÅÌÊÍÎÏÊÈÏÎÑÛËÀÅÒÑ¿ÀÂÀÐÈÉÍÛÉÑÈÃÍÀË
*iÀܘʜ`iÀÊ*iÀܘi˜}ÀÕ««i° UÊ -œiÊܜÀŽiÀÊ«ÀœÌiV̈œ˜ ÎÏÐÅÄÅËÅÍÍÎÌÓËÈÖÓÈËÈÃÐÓÏÏÅËÈÖ
Uʏiˆ˜>ÀLiˆÌiÀÃV…ÕÌâ Ê ``ˆÌˆœ˜>ÊÃ>viÌÞÊvi>ÌÕÀiÊvœÀÊ«iÀܘÃÊܜÀŽˆ˜}Ê>«>ÀÌÊvÀœ“Ê̅iˆÀÊ c †ÀÙÈÒÀÎÒÄÅËÜÍÎÐÀÁÎÒÀÞÙÅÃÎÑÎÒÐÓÄÍÈÊÀ
Ê <ÕÃBÌ⏈V…iÊ-ˆV…iÀ…iˆÌÃv՘ŽÌˆœ˜ÊvØÀÊ*iÀܘi˜]Ê`ˆiÊ}iÌÀi˜˜ÌÊۜ˜Ê Ìi>“ðÊ/…iÊÀ>`ˆœÊ՘ˆÌÊÃ܈ÌV…iÃÊ̜Êi“iÀ}i˜VÞʓœ`iʈvÊ̅iÊÕÃiÀÊ ƒÎÏÎËÍÈÒÅËÜÍÀ¿ÔÓÍÊÖÈ¿ÎÁÅÑÏÅ×ÅÍÈ¿ÁÅÇÎÏÀÑÍÎÑÒÈÄË¿
ˆ…Ài“Ê/i>“Ê>ÀLiˆÌi˜°Ê >ÃÊ՘Ž}iÀBÌÊÃV…>ÌiÌÊ>ÕvÊ œÌÀÕv]ÊÜi˜˜Ê `œiÃʘœÌÊÀi뜘`Ê̜Ê>Ê«iÀˆœ`ˆVÊÜ>À˜ˆ˜}ÊÈ}˜>° ËÈÖ ÐÀÁÎÒÀÞÙÈÕÎÒÄÅËÜÍÎÎÒÑÂÎÅÉÊÎÌÀÍÄۏÀÄÈÎÑÒÀÍÖÈ¿
`iÀʘÜi˜`iÀÊ>ÕvÊ`>ÃÊâގˆÃV…iÊ7>À˜Ãˆ}˜>Ê˜ˆV…ÌÊÀi>}ˆiÀÌ° UÊ *œÜiÀʏiÛiÊÃ܈ÌV… ÏÅÐÅÊËÞ×ÀÅÒÑ¿ÍÀÀÂÀÐÈÉÍÛÉÑÈÃÍÀË ÅÑËÈÏÎËÜÇÎÂÀÒÅËÜ
UÊ iˆÃÌ՘}ÃՓÃV…>Ì՘} Ê /…iÊÀ>`ˆœÊ՘ˆÌʅ>ÃÊÌܜÊÌÀ>˜Ã“ˆÌʏiÛiÃʜvÊ܅ˆV…Ê̅iʏœÜiÀÊ ÍÅÐÅÀÃÈÐÓÅÒÍÀÏÅÐÈÎÄÈ×ÅÑÊÈÏÎÂÒÎпÞÙÈÉÑ¿
Ê >ÃÊ՘Ž}iÀBÌÊÛiÀvØ}ÌÊØLiÀÊâÜiˆÊ-i˜`iiˆÃÌ՘}Ãiˆ˜ÃÌiÕ˜}i˜Ê iÝÌi˜`ÃÊL>ÌÌiÀÞʏˆvi]Ê>˜`Ê̅iʅˆ}…iÀʈ“«ÀœÛiÃÊÀ>˜}i° ÏÐÅÄÓÏÐÅÄÈÒÅËÜÍÛÉÑÈÃÍÀË
`ˆiʘˆi`Àˆ}iÀiÊÛiÀB˜}iÀÌÊ`ˆiÊ ˆ˜Ã>Ìâë>˜˜iÊ`iÀÊ >ÌÌiÀˆi]Ê`ˆiÊ UÊ 6œˆVi‡Vœ˜ÌÀœi`ÊÌÀ>˜Ã“ˆÃȜ˜Ê­6"8®Ê>˜`ÇvÀiiʜ«iÀ>̈œ˜Ê c ŽÅÐÅÊËÞ×ÅÍÈÅÌÎÙÍÎÑÒÈ
…Ÿ…iÀiÊLˆiÌiÌÊiˆ˜iÊ}ÀŸ~iÀiÊ,iˆV…ÜiˆÌi ÕȘ}Ê̅iʜ«Ìˆœ˜>Ê6"8ʅi>`ÃiÌ° ÀÄÈÎÑÒÀÍÖÈ¿ÌÎÆÅÒÏÅÐÅÊËÞ×ÀÒÜÑ¿ÍÀÄÂÀÓÐÎÂÍ¿
UÊ -«À>V…}iÃÌiÕiÀÌiÃÊ-i˜`i˜Ê­6"8®Ê UÊ 7…ˆÃ«iÀʓœ`i ÌÎÙÍÎÑÒÈÍÈÆÍÈÉÓÐÎÂÅÍÜÓÄËÈÍ¿ÅÒÑÐÎÊÑËÓÆÁÛ
Ê ÀiˆÃ«ÀiV…LiÌÀˆiLʓˆÌʈviÊ`iÃʜ«Ìˆœ˜>i˜Ê6"8‡œ«v…ŸÀiÀð Ê /…iÊÕÃiÀÊV>˜Êëi>ŽÊ“œÀiÊÜv̏Þ]ʅœÜiÛiÀÊëiiV…ÊÌÀ>˜Ã“ˆÃȜ˜Ê ÁÀÒÀÐÅÈ ÀÂÅÐÕÍÈÉÎÁÅÑÏÅ×ÈÂÀÅÒÁÎËÅÅØÈÐÎÊÈÉÐÀÄÈÓÑ
UÊ ØÃÌiÀ“œ`Õà Ài“>ˆ˜ÃÊVi>ÀÊ>˜`Ê`ˆÃ̈˜VÌ° ÄÅÉÑÒÂÈ¿
Ê `iÀÊÜi˜`iÀʎ>˜˜ÊiˆÃiÀÊëÀiV…i˜]Ê`ˆiÊ-«À>V…ØLiÀÌÀ>}՘}Ê UÊ /À>˜Ã“ˆÌÊ̈“iʏˆ“ˆÌ>̈œ˜ c ’ÏÐÀÂË¿ÅÌÀ¿ÃÎËÎÑÎÌÏÅÐÅÄÀ×À6/8 ÐÅÆÈÌÑÂÎÁÎÄÍÎÃÎ
LiˆLÌʎ>ÀÊ՘`Ê`iÕ̏ˆV… Ê ,iÃÌÀˆVÌÃÊ̅iÊ̈“iÊ̅>ÌÊ>ÊÕÃiÀÊV>˜ÊVœ˜Ìˆ˜ÕœÕÏÞÊÌÀ>˜Ã“ˆÌʜ˜Êœ˜iÊ ÐÀÇÃÎÂÎÐÀÑÏÎÌÎÙÜÞ6/8 ÍÀÓØÍÈÊÎÂ
UÊ -i˜`iâiˆÌLi}Ài˜â՘} V…>˜˜i°Ê/…ˆÃÊ«iÀ“ˆÌÃʓœÀiÊivwVˆi˜ÌÊÕÃiʜvÊ̅iÊV…>˜˜i° c ÅÆÈÌrØÅÏÒÀÍÈ¿s
Ê i}Ài˜âÌÊ`ˆiÊ<iˆÌë>˜˜i]Ê`ˆiÊiˆ˜i“ʘÜi˜`iÀÊâՓÊvœÀ̏>Շ UÊ
>ÊvœÀÜ>À`ˆ˜} ŽÎËÜÇÎÂÀÒÅËÜÌÎÆÅÒÃÎÂÎÐÈÒÜÒÈÕÎ ÏÅÐÅÄÀÂÀÅÌÛÉÇÂÓÊ
vi˜`i˜Ê-i˜`i˜Ê>ÕvÊiˆ˜i“Ê>˜>ÊâÕÀÊ6iÀvØ}՘}ÊÃÌi…Ì°Ê >`ÕÀV…Ê Ê
>Ãʓ>ÞÊLiÊvœÀÜ>À`i`Ê̜Ê>˜œÌ…iÀÊÀ>`ˆœÊ՘ˆÌÊ܅i˜ÊޜÕÊ>ÀiÊ ÎÑÒÀÅÒÑ¿¿ÑÍÛÌÈ×ÅÒÊÈÌ
Ž>˜˜Ê`iÀÊ>˜>Êivwâˆi˜ÌiÀÊ}i˜ÕÌâÌÊÜiÀ`i˜° ՘>LiÊ̜ÊÌ>ŽiÊ̅iÊV>° c ÃÐÀÍÈ×ÅÍÈÅÂÐÅÌÅÍÈÏÅÐÅÄÀ×È
UÊ ˜ÀÕvÜiˆÌiÀiˆÌ՘} ÃÐÀÍÈ×ÈÂÀÅÒÑ¿ÂÐÅÌ¿ ÏÐÅÄÎÑÒÀÂË¿ÅÌÎÅÏÎËÜÇÎÂÀÒÅËÞÄË¿
Ê ˜ÀÕviʎŸ˜˜i˜Ê>˜Êiˆ˜Ê>˜`iÀiÃÊ՘Ž}iÀBÌÊÜiˆÌiÀ}iiˆÌiÌÊÜiÀ‡ ÍÅÏÐÅÐÛÂÍÎÉÏÅÐÅÄÀ×ÈÏÎÎÄÍÎÌÓÊÀÍÀËӀËÀÃÎÄÀпÝÒÎÌÓÊÀÍÀË
`i˜]ÊÜi˜˜Ê-ˆiÊ…ÀiʘÀÕviʘˆV…ÌÊ«iÀߘˆV…Êi˜Ì}i}i˜˜i…“i˜Ê ÌÎÆÅÒÈÑÏÎËÜÇÎÂÀÒÜÑ¿ÁÎËÅÅÝÔÔÅÊÒÈÂÍÎ
ŽŸ˜˜i˜° c ÅÒÐÀÍÑË¿ÖÈ¿ÂÛÇÎÂÀ
ÛÇÎÂÛÌÎÃÓÒÐÅÒÐÀÍÑËÈÐÎÂÀÒÜÑ¿ÍÀÄÐÓÃÓÞÐÀÄÈÎÑÒÀÍÖÈÞ
ÅÑËȁÛÍÅÌÎÆÅÒÅËÈ×ÍÎÏÐÈÍ¿ÒÜÏÎÑÛËÀÅÌÛŁÀÌÂÛÇÎÂÛ

>˜`ëÀiV…v՘Ž}iÀBÌi `i˜Ì˜Õ““iÀÊ
,>`ˆœÊ՘ˆÌà `i˜ÌʘՓLiÀ
ÀÄÈÎÑÒÀÍÖÈÈ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
>˜`ëÀiV…v՘Ž}iÀBÌÊ*ÊÎÓä
,>`ˆœÊ՘ˆÌÊ*ÊÎÓä £ääÎÊn™™Î
ÀÄÈÎÑÒÀÍÖÈÈ'0

՘Ž}iÀBÌiÊ*ÊÎÓäÊ՘`Ê*ÊÎ{ä
nä ,>`ˆœÊ՘ˆÌÃÊ*ÊÎÓäÊ>˜`Ê*ÊÎ{äʱʐÁÅÉÏÒÓÁÎ×ÉÉ'0É'0
£{

*ÊÎ{äÊ >ÃÊ*œ«ÕBÀiÊ՘Ž}iÀBÌ
*ÊÎ{äÊ/…iÊ*œ«Õ>ÀÊ,>`ˆœÊ1˜ˆÌʱÊ'0ÏÐÔÌÀÑÎÁÀÑÁÅÉÏÒÓÁÎ×ÉÀ

>ÃÊ*œ«ÕBÀiÊ՘Ž}iÀBÌʈÃÌÊ`ˆiÊiˆ˜v>V…iÊ*ÀœwŸÃ՘}ÊvØÀʘÜi˜‡ /…ˆÃÊ«œ«Õ>ÀÊÀ>`ˆœÊ՘ˆÌʈÃÊ>Êȓ«iÊ«ÀœviÃȜ˜>Ê܏Ṏœ˜ÊvœÀÊÕÃiÀÃÊ ŽÎÏÓË¿ÐÍÀ¿ÐÀÄÈÎÑÒÀÍÖÈ¿ÏÐÅÄÑÒÀÂË¿ÅÒÑÎÁÎÉÏÐÎÑÒÎÅ


`iÀ]Ê`ˆiʓˆÌÊ…Ài“Ê1“vi`ÊÃÌB˜`ˆ}ʈ˜Êœ˜Ì>ŽÌÊLiˆLi˜Ê“ŸV…Ìi˜°Ê ܅œÊ˜ii`Ê̜ÊLiʈ˜Ê̜ÕV…Ê>ÌÊ>Ê̈“iðÊ*ÀœviÃȜ˜>Ê“œLˆiÊÀ>`ˆœÊˆÃÊ ÏÐÎÔÅÑÑÈÎÍÀËÜÍÎÅÐÅØÅÍÈÅÄË¿ÏÎËÜÇÎÂÀÒÅËÅÉ
˜>««ÊLi“iÃÃi˜iÊ<iˆÌʎ>˜˜Ê`ÕÀV…Ê`i˜Ê ˆ˜Ã>ÌâÊۜ˜Ê*Àœwv՘ŽÊ >˜ÊivwVˆi˜ÌÊ̜œÊ܅i˜Ê̈“iʈÃʜvÊ̅iÊiÃÃi˜Vi°Ê/…iÊ*Î{äÊÃÌ>˜`ÃÊ ÊÎÒÎÐÛÅÕÎÒ¿ÒÍÀÕÎÄÈÒÜÑ¿ÂÏÎÑÒοÍÍÎÌÊÎÍÒÀÊÒÅ
ivwâˆi˜ÌÊ}i˜ÕÌâÌÊÜiÀ`i˜°Ê >ÃÊ*Î{äÊâiˆV…˜iÌÊÈV…Ê`ÕÀV…ʏiˆV…ÌiÊ œÕÌÊLiV>ÕÃiʈÌʈÃÊi>ÃÞÊ̜ʜ«iÀ>Ìi°Ê/…ˆÃʏiÌÃÊ̅iÊÕÃiÀÊVœ˜Vi˜ÌÀ>ÌiÊ ÑÎÊÐÓÆÀÞÙÈÌȍÃÐÀÍÈ×ÅÍÍÎÅÂÐÅÌ¿ÌÎÆÅÒÁÛÒÜ
i`ˆi˜L>ÀŽiˆÌÊ>ÕÃ]Ê`iÀʘÜi˜`iÀʎ>˜˜ÊÈV…ÊÜÊۜÊ՘`Ê}>˜âÊ>ÕvÊ œ˜Ê…ˆÃÊܜÀŽÊ>˜`Ê̅iÊÌ>ÎÃÊ>Ìʅ>˜`°Ê/…ˆÃÊ«œ«Õ>ÀÊÀ>`ˆœÊ՘ˆÌʈÃÊ̅iÊ ÝÔÔÅÊÒÈÂÍÎÈÑÏÎËÜÇÎÂÀÍÎÑÏÎÌÎÙÜÞÏÐÎÔÅÑÑÈÎÍÀËÜÍÎÉ
Ãiˆ˜iÊÀLiˆÌÊ՘`ÊÕv}>Li˜ÊŽœ˜âi˜ÌÀˆiÀi˜°Ê >ÃÊ*œ«ÕBÀiÊ՘Ž}i‡ ȓ«iÃÌʓi̅œ`ÊvœÀÊivwVˆi˜ÌÊVœ““Õ˜ˆV>̈œ˜° ÐÀÄÈÎÑÒÀÍÖÈÈ'0ÎÒËÈ×ÀÅÒÑ¿ÏÐÎÑÒÎÒÎÉ
ÀBÌÊ`ˆiʇÊiˆ˜v>V…ÃÌiÊÀÌÊivwâˆi˜ÌiÀÊœ““Õ˜ˆŽ>̈œ˜° ÏÎËÜÇÎÂÀÍÈ¿ ×ÒÎÏÎÇÂÎË¿ÅÒÏÎËÜÇÎÂÀÒÅËÞÏÎËÍÎÑÒÜÞ
ÑÊÎÍÖÅÍÒÐÈÐÎÂÀÒÜÑ¿ÍÀÑÂÎÅÉÐÀÁÎÒÅÈÑÂÎÈÕÇÀÄÀ×ÀÕ
ŽÎÏÓË¿ÐÍÀ¿ÐÀÄÈÎÑÒÀÍÖÈ¿ ÝÒÎÏÐÎÑÒÅÉØÈÉÑÏÎÑÎÁ
ÝÔÔÅÊÒÈÂÍÎÉÑ¿ÇÈ

<ÕÊ`i˜ÊLi`ˆi˜iÀvÀi՘`ˆV…i˜Ê ˆ}i˜ÃV…>vÌi˜Ê}i…ŸÀi˜\ ÌÃÊÕÃiÀ‡vÀˆi˜`ÞÊvi>ÌÕÀiÃʈ˜VÕ`i\ ‰ÓÄÎÁÍÛÌÄË¿ÏÎËÜÇÎÂÀÒÅË¿ÂÎÇÌÎÆÍÎÑÒ¿ÌÎÒÍÎÑ¿ÒÑ¿

UÊ -ˆ}˜>ˆÃˆiÀ՘} UÊ -ˆ}˜>ˆ˜} c ÈÃÍÀËÈÇÀÖÈ¿


Ê *ÀˆÛ>Ìiʈ˜iÊ՘`Êx‡/œ˜Ê-iiŽÌˆÛÀÕvÊÛiÀ…ˆ˜`iÀ˜Ê-̟À՘}i˜Ê`ÕÀV…Ê Ê *ÀˆÛ>Ìiʏˆ˜iÊ>˜`Êx‡Ìœ˜iÊÃiiV̈ÛiÊV>ˆ˜}Ê«ÀiÛi˜Ìʈ˜ÌiÀviÀi˜ViÊ ŠÈ×ÍÀ¿ËÈÍÈ¿È ÒÎÍÎÂÛÉÑÅËÅÊÒÈÂÍÛÉÂÛÇÎÂ
>˜`iÀiÊ՘ŽÌiˆ˜i…“iÀ°Ê vÀœ“ʜ̅iÀÊÀ>`ˆœÊÕÃiÀð ÏÐÅÏ¿ÒÑÒÂÓÞÒÂÎÇÄÅÉÑÒÂÈÞÏÎÌÅÕÎÒÄÐÓÃÈÕÀÁÎÍÅÍÒÎÂ
UÊ -ÕV…>Õv UÊ -i>ÀV…Êv՘V̈œ˜ c ÅÆÈÌÏÎÈÑÊÀ
Ê <ÕÀÊ4LiÀÜ>V…Õ˜}Êۜ˜ÊŽÌˆÛˆÌBÌi˜Ê՘`Ê i>˜ÌܜÀÌ՘}Êۜ˜Ê Ê 1Ãi`Ê̜ʓœ˜ˆÌœÀÊ>V̈ۈÌÞÊ>˜`Ê>˜ÃÜiÀÊV>Ãʜ˜Ê“Տ̈«iÊVœ““Õ‡ ƒË¿ÍÀÁËÞÄÅÍÈ¿ÇÀÐÀÁÎÒÎÉÐÀÇËÈ×ÍÛÕÊÀÍÀËÎÂÈÎÒÂÅÒÀ
˜ÀÕvi˜Ê>ÕvÊÛiÀÃV…ˆi`i˜i˜Êœ““Õ˜ˆŽ>̈œ˜ÃŽ>˜Bi˜° ˜ˆV>̈œ˜ÊV…>˜˜iÃ° ÍÀÈÕÂÛÇÎÂÛ
UÊ 8‡*>˜`ʏ>˜}ÛiÀLiÃÃiÀ՘}Ê՘`ÊiÀBÕÃV…Õ˜ÌiÀ`ÀØVŽÕ˜} UÊ 8‡*>˜`ÊÜ՘`Êi˜…>˜Vi“i˜ÌÊ>˜`ʘœˆÃiÊÃÕ««ÀiÃȜ˜ c 8 0ANDÓËÓ×ØÅÍÈÅÇÂÓÊÀÈÏÎÄÀÂËÅÍÈÅØÓÌÎÂ
Ê >Ài]ÊÃÌ>LˆiÊ/œ˜µÕ>ˆÌBÌÊ>ÕV…ʈ˜Ê}iÀBÕÃV…ÛœiÀÊ1“}iL՘}°Ê Ê
i>À]ÊÃÌ>LiÊÜ՘`ʵÕ>ˆÌÞÊiÛi˜Êˆ˜Ê˜œˆÃÞÊi˜ÛˆÀœ˜“i˜ÌÃ°Ê œˆÃiÊ žÑÍÛÉÑÒÀÁÈËÜÍÛÉÇÂÓÊÄÀÆÅÂØÓÌÍÎÉÎÊÐÓÆÀÞÙÅÉ
ˆiÊiÀBÕÃV…Õ˜ÌiÀ`ÀØVŽÕ˜}ÊLˆiÌiÌÊiˆ˜iÊÜiˆÌiÀiÊ6iÀLiÃÃiÀ՘}Ê ÃÕ««ÀiÃȜ˜ÊvÕÀ̅iÀʈ“«ÀœÛiÃÊÜ՘`ʵÕ>ˆÌÞ]Ê>ÃʘœˆÃiʈÃÊÀi`Շ ÑÐÅÄÅ—ÓÌÎÏÎÄÀÂËÅÍÈÅÄÀÅÒÄÎÏÎËÍÈÒÅËÜÍÎÅ
`iÀÊ/œ˜µÕ>ˆÌBÌ]Ê`>ÊiÀBÕÃV…iÊÜB…Ài˜`Ê-«ÀiV…«>ÕÃi˜ÊÀi`Շ Vi`Ê`ÕÀˆ˜Ê«>ÕÃiÃʈ˜ÊVœ˜ÛiÀÃ>̈œ˜° ÓËÓ×ØÅÍÈÅÊÀ×ÅÑÒÂÀÇÂÓÊÀ ÒÊÂÏÀÓÇÀÕÐÀÇÃÎÂÎÐÀ
âˆiÀÌÊÜiÀ`i˜° UÊ 6œˆVi‡Vœ˜ÌÀœi`ÊÌÀ>˜Ã“ˆÃȜ˜Ê­6"8®Ê>˜`ÇvÀiiʜ«iÀ>̈œ˜Ê ÓÐÎÂÅÍÜØÓÌÀÑÍÈÆÀÅÒÑ¿
UÊ -«À>V…}iÃÌiÕiÀÌiÃÊ-i˜`i˜Ê­6"8®ÊÀiˆÃ«ÀiV…LiÌÀˆiLʓˆÌʈviÊ ÕȘ}Ê̅iʜ«Ìˆœ˜>Ê6"8ʅi>`ÃiÌ° c ’ÏÐÀÂË¿ÅÌÀ¿ÃÎËÎÑÎÌÏÅÐÅÄÀ×À6/8 ÐÅÆÈÌÑÂÎÁÎÄÍÎÃÎ
`iÃʜ«Ìˆœ˜>i˜Ê6"8‡œ«v…ŸÀiÀð UÊ “iÀ}i˜VÞÊV>Êv՘V̈œ˜ ÐÀÇÃÎÂÎÐÀÑÏÎÌÎÙÜÞ6/8 ÍÀÓØÍÈÊÎÂ
UÊ œÌÀÕvv՘ŽÌˆœ˜ Ê ˜Êi“iÀ}i˜VÞÊV>ÊˆÃÊÃi˜ÌÊ̜Ê>Ê«Ài‡`iw˜i`Ê«iÀܘʜÀÊ}ÀœÕ«°Ê c ÂÀÐÈÉÍÀ¿ÑÈÃÍÀËÈÇÀÖÈ¿
Ê ˜Êiˆ˜iÊۜÀ…iÀÊ`iw˜ˆiÀÌiÊ*iÀܘʜ`iÀÊ*iÀܘi˜}ÀÕ««iÊ܈À`Ê /…iÊi“iÀ}i˜VÞʓiÃÃ>}iÊV>˜ÊLiÊ>ÊÃ̜Ài`ÊۜˆViʓiÃÃ>}iÊ †ÀÐÀÍÅÅÂÛÁÐÀÍÍÎÌÓËÈÖÓÈËÈÃÐÓÏÏÅËÈÖÏÎÑÛËÀÅÒÑ¿
iˆ˜Ê œÌÀÕvÈ}˜>Ê>L}iÃiÌâÌ°Ê ˆiÊ œÌÀÕv˜>V…ÀˆV…Ìʎ>˜˜Êiˆ˜iÊ Ü…ˆV…ʈ““i`ˆ>ÌiÞÊVœ““Õ˜ˆV>ÌiÃÊ̅iÊÃÌ>ÌÕÃʜÀʏœV>̈œ˜Ê̜Ê̅iÊ ÀÂÀÐÈÉÍÛÉÑÈÃÍÀËÂÀÐÈÉÍÎÅÑÎÎÁÙÅÍÈÅÌÎÆÅÒ
>L}iëiˆV…iÀÌiÊ-«À>V…>˜Ã>}iÊÃiˆ˜]Ê`ˆiÊ`i˜Ê-Ì>ÌÕÃʜ`iÀÊ`i˜Ê ÀiViˆÛiÀ° ÁÛÒÜÇÀÏÈÑÀÍÍÎÉÈÍÔÎÐÌÀÖÈÅÉÎÑÎÑÒοÍÈÈÈ
Õvi˜Ì…>ÌÜÀÌÊÜvœÀÌÊ>˜Ê`i˜Ê “«vB˜}iÀÊØLiÀÌÀB}Ì° UÊ *œÜiÀʏiÛiÊÃ܈ÌV… ÌÅÑÒÎÍÀÕÎÆÄÅÍÈÈ ÊÎÒÎÐÀ¿ÑÐÀÇÓÏÅÐÅÄÀÅÒÑ¿ÍÀ
UÊ iˆÃÌ՘}ÃՓÃV…>Ì՘} Ê /…iÊÀ>`ˆœÊ՘ˆÌʅ>ÃÊÌܜÊÌÀ>˜Ã“ˆÌʏiÛiÃʜvÊ܅ˆV…Ê̅iʏœÜiÀÊ ÏÐÈÅÌÍÈÊ
Ê >ÃÊ՘Ž}iÀBÌÊÛiÀvØ}ÌÊØLiÀÊâÜiˆÊ-i˜`iiˆÃÌ՘}Ãiˆ˜ÃÌiÕ˜}i˜Ê iÝÌi˜`ÃÊL>ÌÌiÀÞʏˆvi]Ê>˜`Ê̅iʅˆ}…iÀʈ“«ÀœÛiÃÊÀ>˜}i° c ŽÅÐÅÊËÞ×ÅÍÈÅÌÎÙÍÎÑÒÈ
`ˆiʘˆi`Àˆ}iÀiÊÛiÀB˜}iÀÌÊ`ˆiÊ iÌÀˆiLÃ`>ÕiÀÊ`iÃÊiÀBÌiÃ]Ê`ˆiÊ UÊ -œiÊܜÀŽiÀÊ«ÀœÌiV̈œ˜ ÀÄÈÎÑÒÀÍÖÈ¿ÌÎÆÅÒÏÅÐÅÊËÞ×ÀÒÜÑ¿ÍÀÄÂÀÓÐÎÂÍ¿
…Ÿ…iÀiÊLˆiÌiÌÊiˆ˜iÊ}ÀŸ~iÀiÊ,iˆV…ÜiˆÌi Ê ``ˆÌˆœ˜>ÊÃ>viÌÞÊvi>ÌÕÀiÊvœÀÊ«iÀܘÃÊܜÀŽˆ˜}Ê>«>ÀÌÊvÀœ“Ê̅iˆÀÊ ÌÎÙÍÎÑÒÈÍÈÆÍÈÉÓÐÎÂÅÍÜÓÄËÈÍ¿ÅÒÑÐÎÊÑËÓÆÁÛ
UÊ iˆ˜>ÀLiˆÌiÀÃV…ÕÌâ Ìi>“ðÊ/…iÊÀ>`ˆœÊ՘ˆÌÊÃ܈ÌV…iÃÊ̜Êi“iÀ}i˜VÞʓœ`iʈvÊ̅iÊÕÃiÀÊ ÁÀÒÀÐÅÈ ÀÂÅÐÕÍÈÉÎÁÅÑÏÅ×ÈÂÀÅÒÁÎËÅÅØÈÐÎÊÈÉÐÀÄÈÓÑ
Ê <ÕÃBÌ⏈V…iÊ-ˆV…iÀ…iˆÌÃv՘ŽÌˆœ˜ÊvØÀÊ*iÀܘi˜]Ê`ˆiÊ}iÌÀi˜˜ÌÊۜ˜Ê `œiÃʘœÌÊÀi뜘`Ê̜Ê>Ê«iÀˆœ`ˆVÊÜ>À˜ˆ˜}ÊÈ}˜>° ÄÅÉÑÒÂÈ¿
ˆ…Ài“Ê/i>“Ê>ÀLiˆÌi˜°Ê >ÃÊ՘Ž}iÀBÌÊÃV…>ÌiÌÊ>ÕvÊ œÌÀÕv]ÊÜi˜˜Ê UÊ -Õ««i“i˜Ì>ÀÞÊV>À`à c †ÀÙÈÒÀÎÒÄÅËÜÍÎÐÀÁÎÒÀÞÙÅÃÎÑÎÒÐÓÄÍÈÊÀ
`iÀʘÜi˜`iÀÊ>ÕvÊ`>ÃÊâގˆÃV…iÊ7>À˜Ãˆ}˜>Ê˜ˆV…ÌÊÀi>}ˆiÀÌ° Ê 1Ș}Ê>``ˆÌˆœ˜>ÊV>À`ÃÊ̅iÊvœœÜˆ˜}Êvi>ÌÕÀiÃʓ>ÞÊLiʈ˜ÃÌ>i`Ê ƒÎÏÎËÍÈÒÅËÜÍÀ¿ÔÓÍÊÖÈ¿ÎÁÅÑÏÅ×ÅÍÈ¿ÁÅÇÎÏÀÑÍÎÑÒÈ
UÊ <ÕÃ>ÌâŽ>ÀÌi˜ œ˜Ê̅iÊÀ>`ˆœÊ՘ˆÌ\ ÄË¿ËÈÖ ÐÀÁÎÒÀÞÙÈÕÎÒÄÅËÜÍÎÎÒÑÂÎÅÉÊÎÌÀÍÄÛ
Ê ˆÌʈviÊ`iÀÊvœ}i˜`i˜Ê<ÕÃ>ÌâŽ>ÀÌi˜ÊŽŸ˜˜i˜Ê-ˆiÊâÕÃBÌ⏈V…iÊ Ê ‡Ê6œˆViÊi˜VÀޫ̈œ˜ ÀÄÈÎÑÒÀÍÖÈ¿ÏÅÐÅÊËÞ×ÀÅÒÑ¿ÍÀÀÂÀÐÈÉÍÛÉÑÈÃÍÀË
՘ŽÌˆœ˜i˜Ê>“Ê՘Ž}iÀBÌʈ˜ÃÌ>ˆiÀi˜\ Ê ‡Ê-“>ÀÊ/À՘ŽÊÊvœÀÊV…i>«iÀÊÌÀ՘Ži`ÊÀ>`ˆœÊœ«iÀ>̈œ˜ ÅÑËÈÏÎËÜÇÎÂÀÒÅËÜÍÅÐÅÀÃÈÐÓÅÒÍÀÏÅÐÈÎÄÈ×ÅÑÊÈ
Ê ‡Ê-«À>V…ÛiÀÃV…ØÃÃiÕ˜} Ê ‡Ê6œˆViÊÃ̜À>}iÊV>À`]Ê܅ˆV…Êi˜>LiÃÊvՏÞ‡`ˆ}ˆÌ>Ê“>˜Õ>ÊۜˆViÊ ÏÎÂÒÎпÞÙÈÉÑ¿ÏÐÅÄÓÏÐÅÄÈÒÅËÜÍÛÉÑÈÃÍÀË
Ê ‡Ê-“>ÀÊ/À՘ŽÊÊvØÀʎœÃÌi˜}ؘÃ̈}i˜Ê ؘ`iv՘ŽLiÌÀˆiL ÀiVœÀ`ˆ˜}Ê>˜`Ê`ˆVÌ>«…œ˜iÊv՘V̈œ˜Ã° c ƒÎÏÎËÍÈÒÅËÜÍÛÅÊÀÐÒÛ
Ê ‡Ê-«À>V…ëiˆV…iÀÃÌiVŽŽ>ÀÌi]ÊLˆiÌiÌÊiˆ˜iÊۜ`ˆ}ˆÌ>iʓ>˜Õii UÊ 7…ˆÃ«iÀʓœ`i ÏÎÌÎÙÜÞÑËÅÄÓÞÙÈÕÄÎÏÎËÍÈÒÅËÜÍÛÕÊÀÐÒÌÎÆÍÎ
Ê iëÀBV…Ã>ÕvâiˆV…˜Õ˜}Ê՘`Ê ˆŽÌˆiÀ}iÀBÌiv՘ŽÌˆœ˜° Ê /…iÊÕÃiÀÊV>˜Êëi>ŽÊ“œÀiÊÜv̏Þ]ʅœÜiÛiÀÊëiiV…ÊÌÀ>˜Ã“ˆÃȜ˜Ê ÓÑÒÀÍÎÂÈÒÜÍÀÐÀÄÈÎÀÏÏÀÐÀÒÓÐÅÄÎÏÎËÍÈÒÅËÜÍÛÅ
UÊ ØÃÌiÀ“œ`Õà Ài“>ˆ˜ÃÊVi>ÀÊ>˜`Ê`ˆÃ̈˜VÌ° ÔÓÍÊÖÈÈ
Ê iÀÊÜi˜`iÀʎ>˜˜ÊiˆÃiÀÊëÀiV…i˜]Ê`ˆiÊ-«À>V…ØLiÀÌÀ>}՘}Ê UÊ
>ÊvœÀÜ>À`ˆ˜} ‰ÎÄÈÐÎÂÀÍÈÅÐÅ×È
LiˆLÌʎ>ÀÊ՘`Ê`iÕ̏ˆV… Ê
>Ãʓ>ÞÊLiÊvœÀÜ>À`i`Ê̜Ê>˜œÌ…iÀÊÀ>`ˆœÊ՘ˆÌÊ܅i˜ÊޜÕÊ>ÀiÊ 3MAR4RUNK))ÄË¿ÝÊÎÍÎÌÈ×ÍÎÉÍÀÏÐÀÂËÅÍÍÎÉÏÅÐÅÄÀ×È
UÊ ˜ÀÕvÜiˆÌiÀiˆÌ՘} ՘>LiÊ̜ÊÌ>ŽiÊ̅iÊV>° ‰ÀÐÒÀÄË¿ÖÈÔÐÎÂÎÉÇÀÏÈÑÈÐÀÇÃÎÂÎÐÎÂÑÔÓÍÊÖÈÅÉ
Ê ˜ÀÕviʎŸ˜˜i˜Ê>˜Êiˆ˜Ê>˜`iÀiÃÊ՘Ž}iÀBÌÊÜiˆÌiÀ}iiˆÌiÌÊÜiÀ‡ ÄÈÊÒÎÔÎÍÀ
`i˜]ÊÜi˜˜Ê-ˆiÊ…ÀiʘÀÕviʘˆV…ÌÊ«iÀߘˆV…Êi˜Ì}i}i˜˜i…“i˜Ê c ÅÆÈÌrØÅÏÒÀÍÈ¿s
ŽŸ˜˜i˜° ŽÎËÜÇÎÂÀÒÅËÜÌÎÆÅÒÃÎÂÎÐÈÒÜÒÈÕÎ ÏÅÐÅÄÀÂÀÅÌÛÉÇÂÓÊ
ÎÑÒÀÅÒÑ¿¿ÑÍÛÌÈ×ÅÒÊÈÌ
>˜`ëÀiV…v՘Ž}iÀBÌi `i˜Ì˜Õ““iÀÊ
c ÅÒÐÀÍÑË¿ÖÈ¿ÂÛÇÎÂÀ
,>`ˆœÊ՘ˆÌà `i˜ÌʘՓLiÀ ÛÇÎÂÛÌÎÃÓÒ
ÀÄÈÎÑÒÀÍÖÈÈ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ ÐÅÒÐÀÍÑËÈÐÎÂÀÒÜÑ¿ÍÀ
ÄÐÓÃÓÞÐÀÄÈÎÑÒÀÍÖÈÞ
>˜`ëÀiV…v՘Ž}iÀBÌÊ*ÊÎ{ä ÅÑËȁÛÍÅÌÎÆÅÒÅ
,>`ˆœÊ՘ˆÌÊ*ÊÎ{ä £ääÎÊn™™™ ËÈ×ÍÎÏÐÈÍ¿ÒÜ
ÏÎÑÛËÀÅÌÛŁÀÌ
ÀÄÈÎÑÒÀÍÖÈÈ'0
ÂÛÇÎÂÛ

՘Ž}iÀBÌiÊ*ÊÎÓäÊ՘`Ê*ÊÎ{ä
,>`ˆœÊ՘ˆÌÃÊ*ÊÎÓäÊ>˜`Ê*ÊÎ{äʱʐÁÅÉÏÒÓÁÎ×ÉÉ'0É'0 n£
£x

<ÕLi…ŸÀÊvØÀÊ՘Ž}iÀBÌi
VViÃÜÀˆiÃÊvœÀÊÀ>`ˆœÊ՘ˆÌÃcÑÉÎÁÅÌÆÇÎÏÒÓÉÅÌÀÑÁÅÉÏÒÓÁÎ×ÉÊ

<ÕLi…ŸÀÊ՘`ÊŽŽÕÃʇÊ/iV…˜ˆÃV…iÊ >Ìi˜
VViÃÜÀˆiÃÊ>˜`ÊÀiV…>À}i>LiÊL>ÌÌiÀˆiÃʇÊ/iV…˜ˆV>Ê`>Ì>ʱʏÑÉÎÁÅÌÆÇÎÏÒÓÉÉÁËËÔÍÔÌÀÓÏÑÜ ’ÆÖÎÉØÆÒËÉÆÖÁÑÁËÓÆÑÉÒÓÉËÉ

ŽŽÕà `i˜Ì˜Õ““iÀ ,iV…>À}i>LiÊL>ÌÌiÀˆià `i˜ÌʘՓLiÀ


œV…iˆÃÌ՘}ÇŽŽÕ £ääÎʙÎxn ˆ}…Ê«œÜiÀÊÀiV…>À}i>LiÊL>ÌÌiÀÞ £ääÎʙÎxn

ˆ˜âi>`i}iÀBÌi `i˜Ì˜Õ““iÀ -ˆ˜}iÊV…>À}iÀÊ՘ˆÌà `i˜ÌʘՓLiÀ


-V…˜i>`i}iÀBÌʓˆÌÊ ÕÀœ‡-ÌiVŽiÀ £ääÎʙxÈx >ÃÌÊV…>À}iÀÊ՘ˆÌÊÜˆÌ…Ê ÕÀœ‡«Õ} £ääÎʙxÈx
-V…˜i>`i}iÀBÌʓˆÌÊ1-‡-ÌiVŽiÀ £ääÎʙxÈn >ÃÌÊV…>À}iÀÊ՘ˆÌÊ܈̅Ê1-‡«Õ} £ääÎʙxÈn

i…Àv>V…>`i}iÀBÌiÊ­LˆÃÊâÕÊÈÊŽŽÕî `i˜Ì˜Õ““iÀ Տ̈‡V…>À}iÀÊ՘ˆÌÃÊ


`i˜ÌʘՓLiÀ
-V…˜i>`i}iÀBÌʓˆÌÊ ÕÀœ‡-ÌiVŽiÀ £ääÎʙxÈÇ ­Õ«Ê̜ÊÈÊÀiV…>À}i>LiÊL>ÌÌiÀˆiî
-V…˜i>`i}iÀBÌʓˆÌÊ1-‡-ÌiVŽiÀ £ääÎʙxș >ÃÌÊV…>À}iÀÊ՘ˆÌÊÜˆÌ…Ê ÕÀœ‡«Õ} £ääÎʙxÈÇ
>ÃÌÊV…>À}iÀÊ՘ˆÌÊ܈̅Ê1-‡«Õ} £ääÎʙxș

>`i…>ÌiÀ՘} `i˜Ì˜Õ““iÀ
>`i…>ÌiÀ՘} £ää{ÊÎäÈÎ
…>À}ˆ˜}ÊVÀ>`i `i˜ÌʘՓLiÀ

…>À}ˆ˜}ÊVÀ>`i £ää{ÊÎäÈÎ

/>ÃV…iÉ
ˆ« `i˜Ì˜Õ““iÀ
/À>}iÌ>ÃV…i]Êi`iÀ]Ê *œÕV…É
ˆ« `i˜ÌʘՓLiÀ
£ääÎʙÇä£
“ˆÌÊ-Ì>˜`>À`‡ØÀÌiÃV…>Õvi
*œÕV…]ʏi>̅iÀ]Ê
£ääÎʙÇä£
ØÀÌiVˆ«Ê“ˆÌÊi`iÀ]ÊxÊV“ £ääÎʙx™x ܈̅ÊÃÌ>˜`>À`ÊLiÌʏœœ«
iÌÊVˆ«Ê܈̅ÊëÀˆ˜}]ÊxÊV“ £ääÎʙx™x

˜Ìi˜˜i˜ `i˜Ì˜Õ““iÀ
7i˜`i>˜Ìi˜˜i £ääÎʙÓ{È ˜Ìi˜˜>à `i˜ÌʘՓLiÀ
ÀiˆÌL>˜`ʘÌi˜˜iÊvØÀÊÀiµÕi˜â‡ iˆV>Ê>˜Ìi˜˜> £ääÎʙÓ{È
£ääÎʙÓ{Î
LiÀiˆV…Ê£ÎÈÊâÊLˆÃÊ£xxÊâ Àœ>`L>˜`Ê>˜Ìi˜˜>ÊvœÀÊvÀiµÕi˜VÞÊ
£ääÎʙÓ{Î
À>˜}iÊ£ÎÈÊâÊ̜ʣxxÊâ

>Ìi˜Ž>Li `i˜Ì˜Õ““iÀ
>Ìi˜Ž>Li £ääÎʙxnn >Ì>ÊV>Li `i˜ÌʘՓLiÀ
>Ì>ÊV>Li £ääÎʙxnn

>ÕÌëÀiV…iÀ‡ˆŽÀœvœ˜i `i˜Ì˜Õ““iÀ
i“iÌÊ
œ““Ê“ˆÌÊ-i˜`iÌ>ÃÌi £ääÎʙnÎ{ œÕ`ëi>ŽiÀʓˆVÀœ«…œ˜ià `i˜ÌʘՓLiÀ
iÀBÕÃV…Žœ“«i˜ÃˆiÀÌiʈŽÀœvœ˜É i“iÌÊ
œ““Ê܈̅ÊÌÀ>˜Ã“ˆÌÊLÕÌ̜˜ £ääÎʙnÎ{
£ääÎʙ™Çä
>ÕÌëÀiV…iÀiˆ˜…iˆÌ œˆÃiÊVœ“«i˜Ã>̈˜}ʓˆVÀœ«…œ˜iÉ
£ääÎʙ™Çä
œÕ`ëi>ŽiÀÊ՘ˆÌ

<ÕLi…ŸÀÊvØÀÊ՘Ž}iÀBÌi
nÓ VViÃÜÀˆiÃÊvœÀÊÀ>`ˆœÊ՘ˆÌÃʱʏÑÉÎÁÅÌÆÇÎÏÒÓÉÅÌÀÑÁÅÉÏÒÓÁÎ×ÉÊ
£x

ÊÊÓÌÓË¿ÒÎÐ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÊÊÓÌÓË¿ÒÎÐÁÎËÜØÎÉÌÎÙÍÎÑÒÈ £ääÎʙÎxn

ÒÄÅËÜÍÎÅÇÀпÄÍÎÅÓÑÒÐÎÉÑÒÂÎ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
’ÑÒÐÎÉÑÒÂÎÄË¿ÓÑÊÎÐÅÍÍÎÉ
£ääÎʙxÈx
ÇÀпÄÊÈфÂÐÎ ØÒÅÊÅÐÎÌ
’ÑÒÐÎÉÑÒÂÎÄË¿ÓÑÊÎÐÅÍÍÎÉ
£ääÎʙxÈn
ÇÀпÄÊÈÑÎØÒÅÊÅÐÎ̐—

‹ÍÎÃÎÀÊÊÓÌÓË¿ÒÎÐÍÛÅÇÀпÄÍÛÅ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÓÑÒÐÎÉÑÒÂÀÄÎÀÊÊÓÌÓË¿ÒÎÐÎÂ
’ÑÒÐÎÉÑÒÂÎÄË¿ÓÑÊÎÐÅÍÍÎÉ
£ääÎʙxÈÇ
ÇÀпÄÊÈфÂÐÎ ØÒÅÊÅÐÎÌ
’ÑÒÐÎÉÑÒÂÎÄË¿ÓÑÊÎÐÅÍÍÎÉ
£ääÎʙxș
ÇÀпÄÊÈÑÎØÒÅÊÅÐÎ̐—

†ÀпÄÍÛÉÄÅÐÆÀÒÅËÜ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
†ÀпÄÍÛÉÄÅÐÆÀÒÅËÜ £ää{ÊÎäÈÎ

–ÅÕΈÀÆÈÌ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÓÌÊÀ ÊÎÆÀÍÀ¿ ÑÏÅÒËÅÉÄË¿
£ääÎʙÇä£
ÑÒÀÍÄÀÐÒÍÎÃÎÐÅÌÍ¿
†ÀÆÈÌÄË¿ÐÅÌÍ¿ÑÏÐÓÆÈÍÎÉ ÑÌ £ääÎʙx™x

ÍÒÅÍÍÛ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
ÏÈÐÀËÜÍÀ¿ÀÍÒÅÍÍÀ £ääÎʙÓ{È
—ÈÐÎÊÎÏÎËÎÑÍÀ¿ÀÍÒÅÍÍÀÄË¿
£ääÎʙÓ{Î
×ÀÑÒÎÒÍÎÃÎÄÈÀÏÀÇÎÍÀ‹‚Ö ‹‚Ö

‰ÀÁÅËÜÄË¿ÏÅÐÅÄÀ×ÈÄÀÍÍÛÕ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
‰ÀÁÅËÜÄË¿ÏÅÐÅÄÀ×ÈÄÀÍÍÛÕ £ääÎʙxnn

‹ÈÊÐÎÔÎÍÑÃÐÎÌÊÎÃÎÂÎÐÈÒÅËÅÌ ‡ÄÅÍÒÍÛÉÍÎÌÅÐ
(ELMET#OMMÑÏÅÐÅÄÀÞÙÅÉÊËÀÂÈØÅÉ £ääÎʙnÎ{
‹ÀËÎØÓÌÍÛÉÌÈÊÐÎÔÎÍ
£ääÎʙ™Çä
ÃÐÎÌÊÎÃÎÂÎÐÈÒÅËÜ

<ÕLi…ŸÀÊvØÀÊ՘Ž}iÀBÌi
VViÃÜÀˆiÃÊvœÀÊÀ>`ˆœÊ՘ˆÌÃʱʏÑÉÎÁÅÌÆÇÎÏÒÓÉÅÌÀÑÁÅÉÏÒÓÁÎ×ÉÊ nÎ
£È

iŽÌÀˆÃV…iÊ ˆiÃi«Õ“«iÊœÀ˜iÌÊ7ÊxäÊ
iVÌÀˆVÊ`ˆiÃiÊ«Õ“«]ÊœÀ˜iÌÊ7ÊxäʏÊ±ÊÌÆËÓÑÏÎÁÒÏÒ(ORNET7))ÅÌÀÐÏÅÁØÉÅÉÈÆÌÝÎÏÄÏÓÏÐÌÉÃÁ

iŽÌÀˆÃV…iÊ ˆiÃi«Õ“«iÊœÀ˜iÌÊ7ÊxäÊʓˆÌÊÕ̜“>̈Žâ>«v«ˆÃ̜iÊ՘`Ê<B…ÜiÀŽÊ<ÊÎää
iVÌÀˆVÊ`ˆiÃiÊ«Õ“«]ÊœÀ˜iÌÊ7ÊxäʏÊ܈̅Ê>Õ̜“>̈VÊvÕiÊ˜œââiÊ>˜`ÊVœÕ˜ÌiÀÊ<ÊÎää
ÌÆËÓÑÏÎÁÒÏÒ(ORNET7))ÅÌÀÐÏÅÁØÉÅÉÈÆÌÝÎÏÄÏÓÏÐÌÉÃÁÒÁÃÓÏÍÁÓÉØÆÒËÉÍÑÁÈÅÁÓÏØÎÜÍÐÉÒÓÏÌÆÓÏÍÉÒØÆÓØÉËÏÍ:

", /Ê7ÊxäÊ ", /Ê7ÊxäÊ (/2.%47))


ˆiÊ iŽÌÀœ«Õ“«iÊ", /Ê7ÊxäÊÊ`ˆi˜ÌÊ /…iÊ", /Ê7ÊxäÊÊiiVÌÀˆVʫՓ«ÊˆÃÊÕÃi`Ê œËÅÊÒÐÎÍÀÑÎÑ(/2.%47ÑËÓÆÈÒ
âÕÀÊŸÀ`iÀ՘}Êۜ˜ÊiˆâŸÊ՘`Ê ˆiÃiŽÀ>v̇ vœÀʫՓ«ˆ˜}ʅ>â>À`ÊV>ÃÃÊÊʅi>̈˜}ʜˆÊ ÄË¿ÏÎÄÀ×ÈÌÀÇÓÒÀÈÄÈÇÅËÜÍÎÃÎ
Ã̜vvi˜Ê`iÀÊiv>…Ài˜Ž>ÃÃiÊÊ° >˜`Ê`ˆiÃiÊvÕi° ÒÎÏËÈÂÀÊËÀÑÑÀÎÏÀÑÍÎÑÒÈ)))

ŸÀ`iÀiˆÃÌ՘}ÊV>°Êxxʏɓˆ˜°Ê­-Ì>˜`>À`‡ÕÃv؅À՘}® œÜÊÀ>ÌiÊV>°Êxxʏɓˆ˜°Ê­ÃÌ>˜`>À`ʓœ`i® ŽÐÎÈÇÂÎÄÈÒÅËÜÍÎÑÒÜÍÀÑÎÑÀÎÊËÌÈÍ


˜ÃV…Õ~ë>˜˜Õ˜}ÊÓÎäÊ6ÊH ˜«ÕÌÊۜÌ>}iÊÓÎäÊ6ÊH ÑÒÀÍÄÀÐÒÍÀ¿ÌÎÄÅËÜ
ÃiLÃÌ>˜Ã>Õ}i˜` Ãiv‡«Àˆ“ˆ˜} ŽÎÄÊËÞ×ÀÅÌÎÅÍÀÏпÆÅÍÈŁ^
ˆ˜Ìi}ÀˆiÀÌiÀÊiLiÀÃV…ÕÌâÊ ˆ˜Ìi}À>Ìi`ÊÈ«…œ˜Ê«ÀœÌiV̈œ˜Ê“iï˜}ÊÃÌ>ÌÕ̜ÀÞÊÀiµÕˆÀi‡ ÑÀÌÎÂÑÀÑÛÂÀÞÙÈÉ
˜>V…Ê}iÃiÌ⏈V…i˜Ê˜vœÀ`iÀ՘}i˜ “i˜Ìà ÂÑÒÐÎÅÍÍÎÅÇÀÙÈÒÍÎÅÓÑÒÐÎÉÑÒÂÎÑÈÔÎÍÀÂ
ˆiviÀ՘}ʓˆÌÊL>Õ>ÀÌâÕ}i>ÃÃi˜i“ÊÕ̜“>̈Ž‡<>«vÛi˜Ìˆ iˆÛiÀÞʈ˜VÕ`iÃÊ>««ÀœÛi`Ê>Õ̜“>̈VÊvÕiÊ«Õ“«Ê˜œââi ÑÎÎÒÂÅÒÑÒÂÈÈÑÒÐÅÁÎÂÀÍÈ¿ÌÈÇÀÊÎÍÀ

>ÃʘiÕ>À̈}iÊœ˜ÃÌÀՎ̈œ˜Ã«Àˆ˜âˆ«Ê /…ˆÃʘiÜÊÌÞ«iʜvÊVœ˜ÃÌÀÕV̈œ˜Êi˜ÃÕÀiÃÊÃ>viÊ>˜`Êv>ÃÌÊ ŽÎÑÒÀÂÊÀÑÀÂÒÎÌÀÒÈ×ÅÑÊÈÌÇÀÁÎÐÍÛÌÂÅÍÒÈËÅÌ


}iÜB…ÀiˆÃÌiÌÊ>ÕV…ʈ“ÊÌÀœVŽi˜i˜Ê<ÕÃÌ>˜`Ê Ãiv‡«Àˆ“ˆ˜}ÊiÛi˜Ê܅i˜Êˆ˜Ê>Ê`ÀÞÊÃÌ>Ìi ÐÀÇÐÅØÅÍÍÎÉÊÎÍÑÒÐÓÊÖÈÈ
iˆ˜iÊÃV…˜iiÊ՘`ÊÈV…iÀiÊ-iLÃÌ>˜Ã>Õ}՘} ŽÐÈÍÖÈÏÈÀËÜÍÎÍÎÂÀ¿ÊÎÍÑÒÐÓÊÖÈ¿ÎÁÅÑÏÅ×ÈÂÀÅÒ
ÃœÊ>Û>ˆ>Liʈ˜Ê£ÓÊ6ʜÀÊÓ{Ê6Ê
ÊÛiÀȜ˜Ã
ÕV…ʈ˜Ê£ÓÊ6ʜ`iÀÊÓ{Ê6ʏiˆV…ÃÌÀœ“ʏˆiviÀL>À ÄÀÆÅÂÑÓÕÎÌÑÎÑÒοÍÈÈÁÛÑÒÐÎÅÈÍÀÄÅÆÍÎÅ
ÀÂÒÎÌÀÒÈ×ÅÑÊÎÅÂÑÀÑÛÂÀÍÈÅ
-Ì>˜`>À`ʓœ`i\
-Ì>˜`>À`‡ÕÃv؅À՘}\ iVÌÀˆVʫՓ«ÃÊvœÀÊ`ˆiÃiÊ>˜`ʅi>̈˜}ʜˆÊ ÛÏÓÑÊÀÅÒÑ¿ÒÀÊÆÅÑÏÈÒÀÍÈÅÌÎÒ
iŽÌÀœ«Õ“«i˜ÊvØÀÊ ˆiÃiÊ՘`ÊiˆâŸÊ­®]Ê ­®]ÊÃiv‡«Àˆ“ˆ˜}]Ê܈̅ʈ˜Ìi}À>Ìi`ÊÈ«…œ˜Ê ÏÎÑÒοÍÍÎÃÎÒÎÊÀÈËȁ
ÃiLÃÌ>˜Ã>Õ}i˜`]ʓˆÌʈ˜Ìi}ÀˆiÀÌi“ÊiLiÀ‡ «ÀœÌiV̈œ˜ÊÃÞÃÌi“Ê­i>Ž>}iÊ«ÀœÌiV̈œ˜®]Ê
ÃV…ÕÌâÃÞÃÌi“Ê­ÕÏ>ÕvÈV…iÀ՘}®]Ê>~‡ />˜ŽÊ̅Ài>`Ê,ÊÓº]ʈ˜V°ÊÃÕV̈œ˜Ê…œÃiÊ ÊÓxÊ ÒÀÍÄÀÐÒÍÀ¿ÌÎÄÅËÜ
}i܈˜`iÊ,ÊÓº]ʈ˜V°Ê->Õ}ÃV…>ÕV…Ê ÊÓxÊ ÜˆÌ…ÊvœœÌÊwÌiÀÊvœÀÊ`i«Ì…ÃʜvÊ£Èääʓ“]Ê œËÅÊÒÐÎÍÀÑÎÑÛÄË¿ÄÈÇÅËÜÍÎÃÎÒÎÏËÈÂÀ
“ˆÌÊÕ~wÌiÀÊvØÀÊ/>ÕV…̈iviÊ£Èääʓ“]Ê `iˆÛiÀÞʅœÃiÊ{°äʓ]Ê Ê£™]Ê܈̅Ê>««ÀœÛi`Ê ÈÌÀÇÓÒÀ))) ÑÀÌÎÂÑÀÑÛÂÀÞÙÈÅ ÑÎ
<>«vÃV…>ÕV…Ê{]äʓ]Ê Ê£™]ʓˆÌÊL>Õ>ÀÌâՇ >Õ̜“>̈VÊvÕiÊ«Õ“«Ê˜œââiÊÊÓä£äÊ>˜`Ê ÂÑÒÐÎÅÍÍÎÉÑÈÑÒÅÌÎÉÇÀÙÈÒÛÑÈÔÎÍÀ
}i>ÃÃi˜i“ÊÕ̜“>̈Ž‡<>«vÛi˜ÌˆÊÊÓä£äÊ …œÃiÊÀœÌ>̈œ˜Êœˆ˜Ì°ÊˆÌÌi`Ê܈̅ʫÕ}Ê>˜`Ê ÇÀÙÈÒÀÎÒÂÛÒÅÊÀÍÈ¿ €Î×Å×ÍÀ¿
՘`Ê-V…>ÕV…`Ài…}ii˜Ž°Ê-ÌiVŽiÀviÀ̈}ʓˆÌÊ £°nʓÊVœ˜˜iV̈œ˜ÊV>Li° ÐÅÇÜÁÀ2w ÂÊËÂÑÀÑÛÂÀÞÙÈÉØËÀÍÃ
£]nʓʘÃV…Õ~Ž>Li° $.ÑÍÈÆÍÈÌÔÈËÜÒÐÎÌÄË¿ÃËÓÁÈÍÛ
ÏÎÃÐÓÆÅÍÈ¿ÌÌ ÇÀÁÎÐÍÛÉ
`i˜Ì˜Õ““iÀÊ ØËÀÍÃ Ì $. ÑÀÂÒÎÌÀÒÈ×ÅÑÊÈÌ
`i˜ÌʘՓLiÀ ÇÀÁÎÐÍÛÌÂÅÍÒÈËÅÌÈ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ ÏËÎÑÊÈÌØÀÐÍÈÐÎÌÄË¿ØËÀÍÃÀ
£äÓnÓnäÓ ÎÅÄÈÍÈÒÅËÜÍÛÉÊÀÁÅËÜ ÌÂÑÁÎÐÅ

iŽÌÀˆÃV…iÊ ˆiÃi«Õ“«iÊœÀ˜iÌÊ7ÊxäÊ
n{ iVÌÀˆVÊ`ˆiÃiÊ«Õ“«]ÊœÀ˜iÌÊ7ÊxäʏÊ±ÊÌÆËÓÑÏÎÁÒÏÒ(ORNET7))ÅÌÀÐÏÅÁØÉÅÉÈÆÌÝÎÏÄÏÓÏÐÌÉÃÁ
£Ç

>˜`«Õ“«iÊâÕÀÊŸÀ`iÀ՘}Êۜ˜Ê ˆiÃi
>˜`ʫՓ«ÊvœÀÊ̅iÊÃÕ««ÞʜvÊ`ˆiÃiÊ±ÊÔØÎÏÊÎÁÒÏÒÅÌÀÐÏÅÁØÉÅÉÈÆÌÝÎÏÄÏÓÏÐÌÉÃÁ

>˜`«Õ“«i
>˜`ʫՓ«Ê±ÊÔØÎÏÊÎÁÒÏÒ

>~«Õ“«iÊÓÊvØÀÊ ˆiÃi]ÊiˆâŸÊ ]Ê >ÀÀiÊ«Õ“«ÊÓÊvœÀÊ`ˆiÃi]ʅi>̈˜}ʜˆÊ ]Ê €Î×Å×ÍÛÉÍÀÑÎщŒÄË¿ÏÎÄÀ×È


ÀœÃÌÃV…ÕÌⓈÌÌi >˜Ìˆ‡vÀiiâi ÄÈÇÅËÜÍÎÃÎÒÎÏËÈÂÀ ÌÀÇÓÒÀ%,
ÍÒÈÔÐÈÇ

ŸÀ`iÀiˆÃÌ՘}ÊV>°Êä]£ÊÉÕL œÜÊÀ>ÌiÊV>°Ê䰣ʏÉÃÌÀœŽi ŽÐÎÈÇÂÎÄÈÒÅËÜÍÎÑÒÜÎÊ ËÕÎÄ


>~}i܈˜`iʓÊÈ{ÊÝÊ{ÊÕ°ÊÓ />˜ŽÊ̅Ài>`ʓÊÈ{ÊÝÊ{ÊÕ°ÊÓ €Î×Å×ÍÀ¿ÐÅÇÜÁÀMXU'
ˆ˜V°Ê-V…>ÕV…}>À˜ˆÌÕÀ ˆ˜V°Ê…œÃiÊÃiÌ ÂÊËØËÀÍÃÎÂÛÉÃÀÐÍÈÒÓÐ
£Ê“Ê*6
‡-V…>ÕV…Ê Ê£ÈÊÝÊÓÊ £Ê“Ê*6
‡…œÃiÊ Ê£ÈÊÝÊÓÊ ̎” ØËÀÍÃ$.XÑÂÅÍÒÈËÜÍÛÌ
“ˆÌÊ6i˜ÌˆŽÀؓ“iÀÊ6Ê£nÊiˆ˜v>V…܈ÀŽi˜` ܈̅ʓ>˜ˆvœ`ÊÛ>ÛiÊ6Ê£nÊȘ}i‡>V̈œ˜ ÎÒÂÎÄÎÌ6+ÎÄÍÎÊÐÀÒÍÎÃÎÄÅÉÑÒÂÈ¿
->Õ}Àœ…ÀÊvØÀÊ/>ÕV…̈iviÊn{äʓ“ -ÕV̈œ˜Ê«ˆ«iÊvœÀÊ`i«Ì…ÊœvÊn{äʓ“ ÂÑÀÑÛÂÀÞÙÀ¿ÒÐÓÁÀÄË¿ÃËÓÁÈÍÛÏÎÃÐÓÆÅÍÈ¿ÌÌ
-V…ˆi~ۜÀÀˆV…Ì՘}ÊvØÀÊ6œÀ…B˜}iÃV…œ~
>ëÊvœÀÊ«>`œVŽ ÇÀÏÎÐÍÎÅÓÑÒÐÎÉÑÒÂÎÄË¿ÍÀÂÅÑÍÎÃÎÇÀÌÊÀ

`i˜Ì˜Õ““iÀÊ
`i˜ÌʘՓLiÀ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
£äÓnÓǙ™

>˜`«Õ“«iÊâÕÀÊŸÀ`iÀ՘}Êۜ˜Ê ˆiÃi
nÈ >˜`ʫՓ«ÊvœÀÊ̅iÊÃÕ««ÞʜvÊ`ˆiÃiÊ±ÊÔØÎÏÊÎÁÒÏÒÅÌÀÐÏÅÁØÉÅÉÈÆÌÝÎÏÄÏÓÏÐÌÉÃÁ
£n

/À>˜Ã«œÀÌLœVŽÊ7ˆ˜`i
/À>˜Ã«œÀÌ>̈œ˜ÊvÀ>“iÊ܈˜V…ʱ’ÑÁÎÒÐÏÑÓÎÁÀÏÐÏÑÁÌÆÂÆÅËÉ

/À>˜Ã«œÀÌLœVŽÊ7ˆ˜`iÊÊvØÀÊ/Ê£Óä䇣
/À>˜Ã«œÀÌ>̈œ˜ÊvÀ>“iÊ܈˜V…ÊÊvœÀÊ/Ê£Óä䇣ʱʒÑÁÎÒÐÏÑÓÎÁÀÏÐÏÑÁÌÆÂÆÅËÉ))ÅÌÀ,4- 

6œÀÌiˆi\ `Û>˜Ì>}iÃ\ ŽÐÅÈÌÓÙÅÑÒÂÀ


ÈV…iÀiÀÊ՘`ÊÃV…˜iiÀiÀÊ/À>˜Ã«œÀÌÊ`iÀÊ ->viÊ>˜`Êv>ÃÌÊÌÀ>˜Ã«œÀÌ>̈œ˜ÊœvÊ̅iÊ܈˜V… ÁÅÇÎÏÀÑÍÀ¿ÈÁÛÑÒÐÀ¿ÒÐÀÍÑÏÎÐÒÈÐÎÂÊÀ
7ˆ˜`i ËÅÁÅÄÊÈ

L“iÃÃ՘}i˜ ˆ“i˜Ãˆœ˜Ã ‚ÀÁÀÐÈÒÛ


Ÿ…iÊ£ä£ÈÊV“ iˆ}…ÌÊ£ä£ÈÊV“ ÂÛÑÎÒÀÑÌ
ÀiˆÌiÊ££ÈÓÊV“ 7ˆ`̅ʣ£ÈÓÊV“ ØÈÐÈÍÀÑÌ

`i˜Ì˜Õ““iÀÊ
`i˜ÌʘՓLiÀ
‡ÄÅÍÒÍÛÉÍÎÌÅÐ
™ÈәÓÎÈän

/À>˜Ã«œÀÌLœVŽÊ7ˆ˜`i
nn /À>˜Ã«œÀÌ>̈œ˜ÊvÀ>“iÊ܈˜V…ʱʒÑÁÎÒÐÏÑÓÎÁÀÏÐÏÑÁÌÆÂÆÅËÉ
£™

œ`i˜«>ÌÌi˜Ê­>ÃÌÛiÀÌiˆ«>ÌÌi˜®
-Õ««œÀÌÊ«>ÌiÃÊ­œ>`Ê`ˆÃÌÀˆLṎœ˜Ê“>ÌîʱʎÐÏÑÎÜÆÐÌÉÓ܏ÌÉÓÜÑÁÒÐÑÆÅÆÌÆÎÉÀÎÁÄÑÔÈËÉ

œ`i˜«>ÌÌi˜ÊvØÀÊ/iiΜ«‡Ê՘`ʈÌÌiÀ“>Ã̎À>˜i
-Õ««œÀÌÊ«>ÌiÃÊvœÀÊ/iiΜ«ˆVÊ>˜`Ê>Ì̈ViÊ œœ“Ê
À>˜iÃʱʎÐÏÑÎÜÆÐÌÉÓÜÅÌÀËÑÁÎÏÃÒÓÆÌÆÒËÏÐÉØÆÒËÏÊÉÑÆÙ¿ÓØÆÓÏÊÒÓÑÆÌÏÊ

UÊ œ“«iÌi˜âʈ“ÊÀ>˜âÕLi…ŸÀ UÊ
œ“«iÌi˜Viʈ˜ÊVÀ>˜iÊ>VViÃÜÀˆià c ‰ÎÌÏÅÒÅÍÖÈ¿ÄË¿ÎÁÎÐÓÄÎÂÀÍÈ¿
UÊ ÃÌ>̈ÃV…Ê}i«ÀØvÌ UÊ ÃÌ>̈VÊÌiÃÌi`Ê>˜`Ê>««ÀœÛi` ÊÐÀÍÀ
UÊ -Ì>˜`>À` UÊ -Ì>˜`>À` c ÎÑÒÀÒÈ×ÅÑÊÈÌÈÑÏÛÒÀÍÈÅÌ
UÊ iˆ˜iÊ-œ˜`iÀ>ÕÃv؅À՘}t UÊ "˜Þʈ˜ÊÃÌ>˜`>À`ÊÛiÀȜ˜t c ÒÀÍÄÀÐÒ
UÊ iˆ˜iÊՓ“ˆ‡Êœ`iÀÊ՘ÃÌÃ̜vv«>ÌÌi˜ UÊ œÊÀÕLLiÀ‡ÊœÀÊ«>Ã̈Vʓ>ÌiÀˆ> c ‘ÎËÜÊÎÑÒÀÍÄÀÐÒÍÎÅÈÑÏÎËÍÅÍÈÅ
c €ÅÇÏÐÈÌÅÍÅÍÈ¿ÐÅÇÈÍÛÈÏËÀÑÒÌÀÑÛ

œ`i˜«>ÌÌi˜ÊvØÀÊ/iiŽÀ>˜iÊ՘`ʈÌÌiÀŽÀ>˜iÊ­>VŽˆiÀ՘}\Ê-V…Ü>Àâ®
-Õ««œÀÌÊ*>ÌiÃÊvœÀÊ/iiÃVœ«ˆVÊ>˜`Ê>Ì̈ViÊ œœ“Ê
À>˜iÃÊ­«>ˆ˜Ìˆ˜}\ÊL>VŽ®
ŽÐÏÑÎÜÆÐÌÉÓ܏ÌÉÓÜÑÁÒÐÑÆÅÆÌÆÎÉÀÎÁÄÑÔÈËÉ ÅÌÀËÑÁÎÏÃÒÓÆÌÆÒËÏÐÉØÆÒËÏÊÉÑÆÙ¿ÓØÆÓÏÊÒÓÑÆÌÏÊËÑÁÒËÁØ¿ÑÎÁÀ

âՏ°Ê-ÌØÌâ>ÃÌ
>~iÊ BV…i i܈V…Ì >Ý°ÊÛiÀ̈V>ÊLi>Àˆ˜}ʏœ>`
6-Ê*ÀiˆÃˆÃÌi˜Ê*œÃˆÌˆœ˜ `i˜Ì˜Õ““iÀÊ vØÀÊÀ>˜i
ˆ“i˜Ãˆœ˜ÃÊ -ÕÀv>Vi 7iˆ}…Ì ƒÎÏÓÑÒÈÌÀ¿ÎÏÎÐÍÀÍÀÃÐÓÇÊÀ
*œÃˆÌˆœ˜Ê«ÀˆVi‡ˆÃÌÊ6- `i˜ÌʘՓLiÀ
À>˜iÊ/Þ«i
‚ÀÁÀÐÈÒÛ ŽËÎÙÀÄÜ ÅÑÛ Ì
ŽÎÇÈÖÈ¿ÂÖÅÍÍÈÊÅ6)3 ‡ÄÅÍÒÍÛÉÍÎÌÅÐ ƒË¿ÊÐÀÍÎÂ
Ý Ýʓ “Ó Ž}


/Ê£äÎä‡Ó°£ÊLˆÃÊ/Ê££ää‡x°£
ÓÇä ™£{ÇnÈxän £]äÊÝÊ£]äÊÝÊä]£Óä Ê £]ää Ê £Îä £ää £ää £ää
/
Ê£äxx‡Î°£
/Ê£äÎä‡Ó°£ÊLˆÃÊ/Ê£Óxä‡È°£
ÓÇÓ ™£{nÈ£™än £]{ÊÝÊ£]ÓÊÝÊä]£ÓÓ Ê £]Èn Ê ÓÎÓ £Îä £Îä £Îä
/
Ê£äxx‡Î°£
/Ê£äÎä‡Ó°£ÊLˆÃÊ/Ê£xää‡n°£
ÓÇx ™£{ÇnÈnän Ó]äÊÝÊ£]nÊÝÊä]Óää Ê Î]Èä Ê xxx Ó£ä Ó£ä Ó£ä
/
Ê£äxx‡Î°£
/Ê£äÎä‡Ó°£ÊLˆÃÊ/Ê£xää‡n°£
ÓÇÇ ™£Óx{xään Ó]xÊÝÊÓ]xÊÝÊä]Óxä Ê È]Óx £ÈÈä ÎÓä ÎÓä ÎÓä
/
Ê£äxx‡Î°£Ê³Ê/Ê£xxä
/Ê£Óxä‡È°£ÊLˆÃÊ/Ê£xää‡n°£
ÓǙ ™£ÓxÈxÓän Î]xÊÝÊÓ]xÊÝÊä]Óxä Ê n]Çx ÓÎÎx ÎÓä ÎÓä ÎÓä
/Ê£xxä

Îә ™£{È£nÈän È]äÊÝÊÓ]{ÊÝÊä]Îää £{]{ä ÇxÈä {xä {xä {xä É,£ÇxäÊ

œ`i˜«>ÌÌi˜
™ä -Õ««œÀÌÊ«>ÌiÃʱʎÐÏÑÎÜÆÐÌÉÓÜ
ˆiL…iÀÀ‡7iÀŽÊ …ˆ˜}i˜Ê“L°

˜`iÀ՘}i˜ÊۜÀLi…>Ìi˜Ê±Ê-ÕLiVÌÊ̜ʓœ`ˆwV>̈œ˜ÃʱʁÎÇÌÎÆÍÛÈÇÌÅÍÅÍÈ¿ Ê£äää°ää° ,äx°Óääx

ˆiL…iÀÀ‡7iÀŽÊ …ˆ˜}i˜Ê“L
*œÃÌv>V…Ê£ÎÈ£]Ê ‡n™xnÓÊ …ˆ˜}i˜É œ°Ê
&ʳ{™ÊÇΙ£ÊxäӇä]Ê>Ýʳ{™ÊÇΙ£ÊxäӇÎΙ™
ÜÜÜ°ˆiL…iÀÀ°Vœ“]Ê ‡>ˆ\ʈ˜vœ°ÜiJˆiL…iÀÀ°Vœ“

Вам также может понравиться