Sie sind auf Seite 1von 15



   
      
    
!#"%$'&)(+*-,/.10

32 25462 798;:/<>= ?A@CBD:E7F= 8


\NLNG%ngYKHJ\hHJIKLNXNHJHoHJZ/v}LNVWMPOR\mXNHqs[Q9tuSUI[TWVWVFTWLRXNVgMU\NLNV[a[Y[_ XhZ/l[_gXN\]HmMUQ^\hQ^MpI`S3IK_%V^TvwI[LNHbiKY`a[MpQ^VFXcL~SUQ^VWQ^S+TW\ IKMPOJHJ\NQ^L6VWdeSxZ/VFI[HzXNHJfga[I[\XoHbQ9Q9a[SyXhXcHeQ^Q9SxXcijOhI[VWY[HJLhMUYkL6LhdRHmMUOoI[VWLNXN\NaKf/l[XNMUHXNXhHJHmMU\h_k\zHmigQ9_gXonkHJOhLhY[OoHJVFXNHJZ/ZEXN\%Mpl[IKHoa[[HmLo_{l[Q9SULhVFTWMpXNVFHbHmI[I%_/HJMpLNIqY[MPOJV9i[Q^d€MUSUVWSpngSUIKVWsgHJTF|6a[MrLzXcObQ^Q9MU\ SS
\Nng\hG%LNHJHJZ/I[Hb\zLNMPQ9OEXNH%Q^SpVFTFXNVWT+XhQ^MpLhI[Y[MUJZEHm_/\%Y`LNYjQ„Q9‚FL HELNijYKHJHkHJI-MP_gHma[Qq\hHmV9_CvHJMpI-‚WVFOoSU‚+VWMUI„I[…oTqa[I`I[OoHJLha[MUVWXoQ9I;Sƒd Q^XcMULhOhYAY[MULNI[H„HJOoa[LNa[XoQ9XhSzHJ\%IK\NHJY[L6deVFa[VFSPXN_{fg\†Q9XNMpMUIC\hHWLNs Y[XhHJH
ZDMUI`OoQbSU…oa`VW_gXHbd \3Q„ijngVW\mLNsgY%‡5\hMpa[Xh\Nl`L„Hbˆ[XNLN‚gYKMU\NHJHmnE_qY`SUHmQ„Q9‚FXhHzI[ijMUI[HJTzHJI Q9l[aKlK\NSpHmMP_/OJQ^LNLNV†MUVW\NIKHb\]LzQ^LNI`YK_%H‰XNdRHbMpHJI‹MUTWvVWYgXoLhOo\eHJMUZEIHbŠKI+‹LxH„SU_DHmQ^Q^XNXcI[OhMUY[I[MUTzLNH„Q^Ool[LNl[a[SUXhMPHJOJ\mQ9sjLhMUŒ VWY[I[MU\„\ s
|6LNI{aKXNXNIEHJSPQ9Q^XhLNH Hm_{a[\NdRH„_†VWXhi+fxnqˆ`VWQ†LNTWYKHbHJI[XHJL6LNngMPl`OkHbQ^\SUTWV9VWvxXhSUMUHmLNQ9Y[XhZŽI[MUI[YjTkQ9\zQ9SUijTWHJVFHJXNIMULNY[a[Z/\NHm\m_sJG%LNVHbI[\hHJHJLzLNMPO LhY[Q^HkSpTFSUVWHmXhQ^MpXNLhI[Y[MUZEI[T\xYjXoQ9Q„LN‚WHbH \zQ9d SU\NY[V%MPOhijY HJHJMUII
OoVFZ‘gHmi[OoMUVFI[I`Hm_x_ˆ„d TWHbMULhI[YEHJLNZEMPO VFQ^XNSpHTFVWLNXcXhQFMpLh_gY[MUZELNMUVW\jIjY`Q9Q„SK‚FvHVWi`XhZEHbHJ\RIV9a[vƒ\NTFH„Xc_kQFLh_gVzMUHJSUIgHmL Q9Xhi`I’Q9IK\hHmHJ_/a[Xc\NQ^HmSgQ^I[XcOhHJY3L6dRs VWXNfqLNVWljVWSUVFTWMUHJ\msb“€Y[HJI
HJl[‚FXhVWVWSUi[‚gSUMpHJIKZ–T”V9IKvyHJ\Na[ljXcHmQ^OoS’M—vIKngHJMUI[L6deTVFY[XNV9fgd)\ LhZDVWljQ9IgVWn†SUVWY[TFMpMPHb_[\E_gHJv}I{VWX{a[IKvaKMpLhI`\‰OoLNQqMUVFI[I•HJa[Q9Xol[Q9l[SyXhI[V„HJ[L6MpdRZ{VWQ9XhfELhMpVF\hI3Y[VWˆya[LNYKSP_/Mp\Y`Q„MpIj‚FOoH˜SUa`Q^_gI`HJ_/\>Y[LNV9Y[d H
LNYKH‰t™IKLNV‹Y[_‹MUHJXc_>\‰Q^Z{XNHkQJ…oOoVFVWX‰IKI[Q9lKHmOol[LhSUHmMrOb_xQ9s LNMUVFI1MU\%LNY[H/a[\NHV^vzTWHJIKHJLNMPOQ9SUTFVWXNMULhY[ZE\LNV{\NHJSUHmOšLLNXcQ^MUI[MUI[TD_[Q^LcQ
Q9Ij‘[_EOhLhY`V’Q„›xMUIgHJLNX„HbˆmXN“l[XhY[HJLzMULNSULhHJY[nkHkQ9VWI`aK_qLNl[œya[\NL Y[HbijSpHJZ{Y`Q9Q„I†‚gMUcVWž„X ŸWV^ŸFvƒ W¡xI[Hb\ha[a[XNXc‚FQ^HJS3nkI[HJLhY[L6dRHJ\NVWHRXhfg‚W\mQ9sXhMUVWa[\yQ9XNH„Q9\yMUI˜Q^IkMUIgLNXNV[_gajOoLNMUVWI
LN¸˜VA°b¹gLhY[µc©^H{²3l[¸kXNV[°oª6OoºeHbHm£^_gµo»mMUI[­JTA¼xŒ V9YKvkH¦Q-OoaKžmŸFXNXNŸWHb I+L†del`VFQ^XNfgl`\NHJY[X%VFMUl;\%LNVFa[I#LhVW¢eXhMr£^Q^¤¦SyMp¥bI>§P¨`I`©«Q^ª¬§}LN£9a[¨gXh­ H¦£6Q^®>I`_ ¯zYK°J¨`MpTF°šY[ª6§SU±1MUTWYg©^LN²´³W\£9\NµJHJ§rSUªHm¶gOo¤kL†­DOJQ9©^\h¨`HJ·\
Q9Ij_EiKXNMUHo½`n/XNHovHbXNHJI`OšHJ\k\NVFZEHV9vƒLhY[H%deVFXNf/LNY`Q^L Y`Q9\ ijHJHJI MUIgLNXhV[_ga`OoHm_¾MpI/LNY[H%SPQ9\hLz¿†nWHmQ^XN\„s

jØ ÀƒÙ„Á¬ÚËÂ+ۍÜoÁ}ÃUÝ3ÄpÅyބß9Æyà[Ç È„á×ÉhݍÚËÊ6âoÄËÃUãWÌJäRÍRâoÎRåWÄËÙz‰æRÏÐß9ÂmçèÈoėÂ+Ú´å«ÁÛ}Á¬á6Ê6Ý ÄËÂmÈkњÂWÒkÓ]ÉcÍwԄՄÍÁ}ÊÖWÅ×ÄrÁ¬ÂWŬÁ êé ëšìJìmíRÞoÜoî9åzçÚ´ïËáhð ñ;ò„ÜoåWójô+Û}Ùgß


OoijVgVWf1ž„õWöF÷Wö[ž„ŸWŸFøžm¿Kù øF „úüûjtzGkœ>ûý þ%þ%‡ƒ‘èvVFX ÿWVFY[I{“€MUSpHbn•‘gVFI[\xLo_ ´…od ijV+VFfxs \hL6n‚[¿[s[ˆxž„ JžJžmŸWŸFøW¡
 

32 254  †8†:E7FBC=¾<>79: "!q= <$#/<%&#E<>=>B'( 798)*A8;?
798;:+’<,#E<,†:E798) ?,E:
Œ V9v.dR-RV’Y`HoQ9`I[Q^TEZEQ^l[I`SUHJ_ \RÐV9MpvylKa[l[\NZDMUI[Q^T†I[TWI>HJIKcžmHJŸFLNŸ[MPO%ž„¡ Q9SUQ9TWI`VF_{XNMULNLhYKY[ZEH†\ydevVFVFXNXef{lKV9XNv0HJl[/ XhXNV[MUOoSUS6HJˆ1\N\h/ MUI[XNV9TDd _[I1Q^LcQ^Q†I`_3MU\R2 TWMUQ^‚WXNHJLhI/MpI MUIEcžmLNYKŸFŸWH‰ FdR¡Js[VWXh|6If
ij5 4VWLN67Y>6zOJ¡EQ9\hOšHJSr\mQ^ˆx\N\hQ†MˊjSPQ9HJXmXhTWsRH%|6I€Iga[LhZY[MUi`\DHbX OJQ^V9\NvH>MUI[LNY[l[H1a[LhOš\zV‹dR_‹HJMpIKXNH’T;Q„OJ‚WQ9Q^I€MUSrQ^iji[HASUHzQ>Q9\\NMUZEMpIKl[l[SUa[H/L i[LNVEMUI`+QQ9Xh4n”\hI[LNH„XhQ9MpIKXNHbTA\NL%MpIjI[_gHJMPMUOJTWQ9YgLhijMpIKVWT X
d d Y[MULNHJY[LhVFY[a[HJL3Xz\hQ%MUTWljI[Q9M—Š]XNLhOJMPQ^Ooa[IgLNSPQ9SUnkXONMUI[YjlKQ9a[I[LTFMpVWIKX TzOoLNVFYKZHzi[OoMUSPI`Q9\NQ9\hLhM—MpŠ]VFOJIkQ9V9LhMUvxVWMUIkI[l[ija[HJY`Lh\~Q„‚gObQ9MUVWIEX„smij|6H‰I†_‹LNHJYKSU0H HJLN-RHm_¦Y`Q^vI[XNVFTkZ™Q9I`LN_ Y[HxMpMUIKl[l[l[a[Z{LQ9\hI[HJI L
MULNQ9I[YKlKl[HJl[MUa[SUXƒMrLObTFQ9vV+H„LNQ^Q9MUVFS+LNI3aKd XNˆxQ9HJLN\y\„YKs I[HEVF/L+TWXh…oHbMpSUaKI[S6\NHJˆLLN/MPLhO{XhVzV9Q9XNd H„SUTFI;_gVWa`XNQ9OoMUI`HLhY[_,LNZ Y[2 HRd Q^\NHJXNQ9LNL \’MUI;V9Q^v`i[Q^MUSUI[SpHE\hl[V{aKLhV deLN\yHJXNLNXhHmV%HE_‹a`LNQ9YKOoi[H H SUHI[LhHmY[LhQ9VDHEXhHJXhMUI[\NHmL _gl[a`I[aKOšHJL’HEMUTW\hYgHJLNYKLkijHVWv}XNXMpVWIKOoZl[SPQ9a[\hLkž„\NøWM—Š`\h¿{HJHJLmX„Lhˆ5ˆ9Vi[i[¿Fa[a[¿LL
LNŒ V Y[H{Q^Sp\hI[V{HmQ^Mr_‹XNHJHJ\hIgL{LNM—I[vn HJMUTWMUI[Ygl[ijaKVWLNXE\kOoLhSPY`Q9Q9\h\NLkM—Š`dRHJVWX/aKd~Sr_Q^\Q9SU\Na[V{\NH„dR_CVWvXNVWf>XqdRvHmHJQ^SUS3LNa[v}VWXhH X’Q{\NHbSpOoH„VFOoa[LNIgMUVWLNIHJXhl[\NMUXNI`VFOol`H Q9TgLhQ9Y[LNH{MUVFHJI1‚WQ9I[SUHba[L6LodeQ9VFLhMpXNVFfxI s
V9I[vzHJL6Q†dRVWv}HmXhQ9fxLh9s a[6 XNHHJ‚W\hHbHJXNLkLNYKMU\%HJSUZHJ\Na`\„ˆ3OhY{LhY[v¬H’Q9\hXhLNHmHJ_gXqa`d OšHmMpLh_>Y1MUI[LhY[l[H a[L4\N68HJL6™vVFOoXzSPQ9LN\hYK\NM—:H Š`HJ4Xq68LN6™Y`Q^OoIASPQ^LN\NY[\NHM—Š`OoHbVWX˜aKQ^I+SULh\NHJVEXNlKdRXNVWVWXhljfWQ9HmT+_¾Q^LNdeMUVWHJSUI S
vVFX G%LNHJY[I[HkHbLNOoMPVFO a[Q9IgSULNTWHJVFXhXNl[MUXNLNVFYKl`ZEQ9\3TgQ9YjLNQ„MU‚WVFH IDI[IKVFHJLƒL6deVFI[VFSUXNn’fxsijHJHJI/a[\NH„_LNV%XhHm_ga`OoH%LhY[HzMUI[l[aKLw_KQ9LcQ˜\NHJLRi[a[LeQ^SU\NV%LNV
MUa[Ig\hLNHmHJ_AXhl[Q{XNHJTWLqHbVWI[a[HJLNLhMPl[Oa[Q^LN\%SpTFV^VWv~XhMpQLhY[I[ZHba[LNXcV{Q^S\hHmI[Q9HJXoL6ONdRY VWXhvf]VWX%sxœyLhY[ijHDHJXh_gY`H„Q9OoXhMUL’\NMUVWQ9I`I>,_ \Na[;X×v¬VWQWi[OšiKHEMpIKLN\kYjQ9cL%ž„ŸWMPŸK_gžHJIg<`LNœwM—Š`i`HmHJ_>XhY`ijQ9VWXhLEaKI`žm_[ŸFQ9ŸWXh Fn ¡
LNLNOJVYKQ^H’\NQ†HJij\ OoVWSPV^Q9a[vƒ\NIjQ9\h_[M—l[Š]Q9ljOJXhHJQ9nDI`LhMU_gijVWMPHJI{OoL6MUdRLhV9MpHJv \ HJKQ9I>s \RøKLNˆWl[Y[d XhHHmYK_g_gHJMPHmXNOoOšHLNMpH„\hK_EMUVWs´ø%igI nEMUI`XhQ%HJ_gTWMPIKOJMUVWHJQ9IKa[LhHJ\zXc\zQ^LNSxQqYjI[Q9i`HJL‰VFL6dROšXcSr_gVWQ^HJXh\NXhf]\hSUMËsgMpv}IKnD‡KH˜VWOJXRObQ^Q9Ho\N\NHJ`HF\’Q9ˆ[ZEQ^M6s\zHWlKsUljSpˆ+HFVWQ†ˆ9\hd MpOJLhQ9Y`MU‚W\hQ9HkH%L LNVWMpYjIKXl[Q9I[LRa[HJLNSpT+MU\RHJQ^SU\RLNHmMUVWQW‚WI_ H
Hod `Y`Q9Q^Z/L~l[œySUijHJ\yHJXhV9Y`v3Q9Q9Xhl[LzljOJHJQ9I`SUSU_‹8\ MrOš?A@FMpLha[MU>\ MUIg=LN|6HJLe\h\NOJHJQ^IgIELhMrQ9Q^SUCS \NBWV%Hoij`Q^HzZEa[\hl[HoSUvHJa[\SjV^LNvwV’Q^_‹l[HJl`LNHbHJI`XhZE_gMPMUOoI[MULNHRMU\ d Q9Y`\RQ9LRl[XNQ9HmXN_‹HzMrOšOšLNVWHmI[_{\hMrig_‹nHJXNQkHm_/IKLhHJVka[Xci`Q^H S
I[LNVEHJL6Q†dRVWOoSPXhQ9fx\hs9\N|6MPOkIOJLNQ^Y[\NMU\eH%ObV9Q9ve\NQ^HFl[ˆWl`d HbY`I`Q^_gLMPOoMUI[MULNl[MU>\a[= Lh\SUHmQW_qLNV†Q‰OšSrQ^\N\hMˊxOJQ9LhMpVFI’V^vwžFs[ˆ9d Y[HbXNH’žFszOoVFXNXNHb\NljVWI`_g\
MUþIgI[‚WtzHJH Xh\hOJ\Nf+Q9MUMUVWIkI[IDT†SU<gMULNv}MUVWHbI/XcX‰Q9VWQ^SULNSUI YKnzHJMUQ9X I[Lhl[deLNHJa[VFZ/LXc_gl[LN\„Y`L3ˆgQ^LhLNLzV Y[XNngMU\Ra[MUHJIMUSP\z_gQRQ9\‰I[I`Q^HJQ^I{aKSpVFXcVWQ9TWa[SgVFLhI[a[l[Hb\a[L6LNdeL%V†VFV9XNXNvzaKfkžWI[i`s I[†QFMUI[OhVFf+T†X d LN[Q9Y[s´Xoø†H%_gMUI[\3\zHJigXhaKn%HmXcQ9a[Q9SUS5\hSUMpnDI[IKHJT Q¦L6dRi`vVWQWVWXhOhXhZfgfl[i`XNV9VFQWvl`OhI[fgQ9HJd~TgL6Q9dRQ^LhXcVWMp_gVFXh\„fI s
LNi[V>a[L{SUVgLhVWY[fH1vlKVWXkXNV[YKOoMrHJ_K\h\1_gHJOJI;Q9I)IKV‹ij_‹H1H¾LhQ^MpI`Z/_AH MUI[OoVWlKI[a[\hLka[I[ZEV[MU_gI[H T-QWQ9OšI`LN_MU‚WQ9_gLhVgMpVFHJI[\{\kI[LhVWY`L Q9L†Q9SUngd MpQ„HbngSr_A\QdeVFl`XNQ^f-XNLNdeMPOoHbaKSpSrS%Q^Xk\hMpIjVWOoaKHALNl[LNa[Y[L„H ˆ
OoœySPijQ9\hHJ\NXNM—YjŠ]Q9OJXNQ^L%LNMUQ9VWI`I/E_ V9;vVWQkiKI[i[HbMUa[I[Xc\ Q^\NSxMUI[ZEHJlKL6dRSpn†VW\NXNH„fQ9MUXc\ROhY[V9H„vLh_ HJI{LhY[ZDHkQ^MUI[I+l[n 6a[LNL V ¬\hVFl`I[QWH~OšH%Q^I`vVW_XRIK\NVWLhXNL MUI[Q9TFIE\zMUIgLNYj‚WQ9HbXNL LNl[MUi[XhSUV‹H _‹va`a[OoI`HmOo_LhMULNVWY[I3H s
Z_gHJa[\h‘gMUSUa`XNLNHmMUOhl[_†Y{SUH VFMUIga[l`vLNQ^VWl[LNXhaKLhZDHJLmXNsFQ^I[/LN\MUn%VWLNIEXhY`a[Q^OJI[Q^L I[I ZDMUI[ijQ^TkHkl[Q l`a[H„\NTF_H„HJ_{I[LNHJVMULhI MPQ†OeL6l`deQ^Q^SpVTFXNVWLNd MPXhOoMpQ„LhaKngY[Sr\mQ^Z)s[X ‡5ZVWMUa[XNa[\hLhSULml[LNˆjMUa[l[MUL„LzSUs H3OJLhQ9MpI Z/ijHJ\xHkLNa[YK\hHJHmnk_ dRQ^HJ\‰XNH Q9I{Q9i[HoSU[HRl[LNSPVQ^VWI`i[Q9LoLhMpQ9VFMUII
LNQVgIKVFS¬HJsFL6de4VFI[XNV9f d OoMUI[SPQ9T\h\N@WM—aKŠ`MpHJIg\LhHJI[\NV9\h‚WHJHbIgS3LNMPMUQ9I[S[l[Hša[KLhQ^\mZEsx‘gl[HmSUOšHJVW\yI`Q9_x\yˆjdRMUHJLzSUS‹OJQ^Q^I1\yi`Q9VFSU\NXcV/_gHJi`XhHqSUMpIKa[Hz\NHmOJ_Q9\hLNHJVE\eOJQ^Q^\N\hI’HJ\NY[\kHbSpd l†YjHoQ9[L‰l[SPQ†Q9MUIKI†HJa[Y[XcV9Q^d S
I[ijHJVWL6XcdR_‹HJVWXNXhSUf{MUI[Y`HkQ9Q9\ XhSUHkHmQ^XNHmXNI[Q^\NHmVF_I`Q9Q9I`i[_{SUHWsd YKHJLNY[HbXzLNYKH’OJQ9\hHJ\%LNY`Q^LzMULzOoVFI[\NMP_gHJXh\zLhVEijGH @Fa[MUI+LhHJ\N\hHJIgLNMPQ9SyQ9I`_

Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJnu‘gVWI[\ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„ JžJžmŸFŸWøW¡


 
.  

   .  

32 254 †8†:E7FBC=¾<>79: "!q= < :/<%A798C798)8’@A<,
8†:  =¾<)
Œ žmŸY[WHRø†MP_gijHmVgQ VWfV^v`%LNXo·WQ9© MU[I[ªNMUI[©„ª6T§£9I[¨>HJa[§PXo¨>Q9S[¸˜I[©«Hbª¬L6¹gdeµoVF©9XN²ƒfg©^\y¨`d · MpLh%YkµoTWª6§Hb!eI[±bHJ§LN©^MP²O "$Q^#„SpTF­cVWªN°bXh¤kMpLhY[­JsZE2{\xVWOJQ^\hLzI’V^ijveHLNv}Y[VWHa[I`QW_˜OšLNMpa`IQ^ SƒVWdRSUVWSPQ9XhIjf _MUBI \
LNQ9YKIjMp_1\RQ9G%XNH„aKQ%Y`QMU\3cv6žmQ9ŸFX÷WZ/Ÿ <pVWž„XNŸWH Ÿ XNWHm¡zOoHbQ^I+I`L„_>s /‘[HbOhSpY`HbQ„dk›xˆ HJ2 Xmˆ Oš- |6I[Q9HJXhXNa`IKQ9HJIjXNQ n{Q9Q9I`I`_>_†‘[œyOh\hY[Y[XcHJQ^SUa`ZD_gQ^VFI;SplKoY{žmŸWcŸžmŸFWŸ¡%FQ9¡JSU%ˆ Sya[Q9\hHmXNl5_>ˆWTW‘[HJQ9IKZ{HJLNQWMP_O
Q92'SUTFa[& VWYKXNSpMUHbLhI+Y[ijZ HJMUIALhV{Q9\NSUHJ\NL%V{LNOoYKVWHIgLNSpXhH„MUQ9i[XNa[IKLNMpH„IK_>TDLNQ9VEIj_{LhY[ZEHVFHmQ^ZEXNHJSUn{IgLNHoaK›]ZŽVFXNXcLhQ^\kLNMUHJI \%LNv}Y[VWX MU\kv}HJQ9HmXh_FHmQvVFXNcd ž„ŸWQ9Ÿ Xo _ <1I[2'Hba[aK& XcY[Q^SUHJSIgI[i`HJHJL6MUdRIAVWQ9Xhf+I`\„_ s
4MUI`_gHJXhZDQ9IKI3ˆ`ž„ŸW÷FŸW¡Js
Q9Q9\/SU\hŒ V’deY[ijHbMUMpHJ\eTFHJLhYgI{a[LEI[\NMUHbMUI[I[‚WMUTkHJLNXoMPd Q9Q9S3SUQ9MUm\RXhHJQ^V9\NLNv}H„MULNVWQ9HJICXcI OhY[VW_gHbXDVFXNI[\kOhHzY`LhQ^Y`MUIDI[Q9TWL OšMUVWI[Q9ImLhTC…oLNHJaKLNZ/I`Y[OoH>l[LNLNMUI[VFHm_/HJIEL6dRLhd V’VWMULNXhLhY/f-XcQ9VWMULNIèLNVWYKljvHJHJVWXzHmSUVF_FOhY`TWv}VWngQ9XNsI[d TF|6Q9IüHJXo\ _/QFLN_[V†I[_gHJLNa[MUYKLNXoMUHzQ9VWI[SxI5HJI[ˆL6HJLNdRL6YKdRVWHJXhVWXNfxH>XhˆgfgY`\N\ a`Q„vOh‚WVFY H X
_g;%HmQ„Oš‚gMp\hMp\„MUVWˆ3IEž„ŸWlK÷WXNŸ VW<jiKSp“€HbZEY[\yMULNa[SUHJ\Nn{MUI[HJT†LkTWQ9HbS6I[s5HJžmLNŸWMPOŸ WQ9¡bSUs]TWVFý XNHJMULNSPQ9Y[LhZ/Hm_ \RLh“€VELhY[Y[MULhMU\‰SpHbn¦MU\%Q^LNI`YK_ H’za[\hQ^HI[\NV9VFveI3TFˆ`HJž„I[ŸWHJ÷FLhŸMPOk<2{\hHmVFQ9IgXoONLcYAQ9IjMUQkI>Q9LNI`Y[_ H
VW“€lKMULNSUMU\NZEVFIDMUmB Q^\zLNdRMUVWVWI/XNf V90v cžm4%ŸFQ9Ÿ IKFHJ¡ XN‚Wd Q Y[B \†MPOhY1ožmŸWSUHm÷FQ^÷WXN¡ I[H„\Nl`_>Q^l[XN\NXNHEHm_‹_‹MrObMp\hQ9LNLNXhHbMp\’iKa[V9LN‚FHmHJ_>X%Z/MpIKHJl[ZEa[LVFXNvMUHmHJQ^\ LNa[igXhn HJ\ký LNVFV TWHJOoXhVF\’I[o\NžmLhXNŸFa`Ÿ OšWL’¡I[Q9HbI`d _
Y[MUTWý YKVFHJTWX HJVWXhXo\ _gHJcž„XzŸWMUŸ I[WlK¡†a[LNY`\ Q^Lh\EV¦a[Q†\hHmlj_€HJXcTFOšHJHJI[l[HJLNXhLhVWMPO1I3s Q^SpTFVWXhMpLhY[ZE\†LNVCVWl[LhMUZEMUJH{LNY[)H (NSUV[OJQ9LhMpVFI€QW_[_gXhHJ\N\hHJ+\ *
Q9(NM6IjSUsV[HW_)OJsjQ^LN“€LNYKMUVWHY[IkMUSrLNQ„QWSUnFHJ_KHJn _gXzXNoHJZ{žm\h+\ŸFQ9*ŸWl[ WVWlK¡/l[MpIKLhHoTMp[Z/LhMpIKMUHJmI`l[Q9_)a[LhMpLNVF\%LNI YKLhH;LNVDY`dRYKQ^LƒMrVW_KQFXN_gfOoHJLNI>MUV9‚WvEHba[SpI[ý nMUVWLNHo\o[TF¡%HJLNXoXNV9QW\v~OoLhi+Q/\ƒn)\hMUIgl`a[v}Q9\hVWXhMpXN\NIKZ{HET Q9_gQLhMUMp\NVFLhTWXNIzHJMUi[I[Q9a[ijHbLNLhVWMPHma[OA_>L5Q9ZZESUTWa[HbVFZESUXNLNMUMUVWLNl[XhYKSUn+HxZs SUV[;%vOJQ9VFQ9\X S
ZE_gHoMUŠjI[I[MUZEMULNMUQyVWijI-Q9\NV9H„v%_%LNVWY[IkH{Xh\hHJHmSPQ9Q9XoLhONMp‚FY)H\NTWljSUVFQWi`OoH Q9SWXhOoHJVFl[ZEXhHJlj\NHJHJLNIgMULhLh\¾Mp‚FQAHJI[_‹HJ\hM˛x\ms9HJœXhHJQFIgONLDYqQ9SpV[IjOJ_”Q^SW_‹VFMpl[\hLNLNMUMUI`ZOoa[LEZ-_KQ9MUI%LcQLNY[l`MUQ^\3LNljLNQ9HbXNXNI€LhMPOoLha[Y`SPQ9Q9XL
ijMUOoIEVFHXNSULNXNV[XoHbOJQWSrQ9Q^OhLhLNfWMUHJHmVW\ _˜IDd \NQFMUMUZLh_[Y’_ga[Xh\hSUHJLcVW\NQ^ZE\%I[H HJ\NVWljVFaKQWa[\NOoLNSUHWlKn+s ˆha[d LY[VWHJX XhHJHe‚WH„HJQWIgOhLRYkV9l`vxQ^MULNI+LNLhHbHJXNXNI’Hb\NOoLmVFsgXNŒ XhHJYK\NMplj\RVWQ9I`SU_‹SUV9\d LN\ƒVzZQ aK_gSpM—Lh›xMUHJl[XNSUHbHeI+_[LyQ9SULoV[Q%OJQ9l`SFQ^VWLNl[LNHbLhXNMUZI[\Ra[LNZ V
Y`Q9XhQ^HeŒ \eYKY[ijMpH‰HJTFHJY[Q^I SUl[nzl[YjHoSUQ9›xMPZEOJHmQ9OoljLhLhMUHJMUVWXh‚WI†HmH _V9v}VWvƒigX3n†TFdRHJL6I[deHJHJMUVqTWLhMPYgO‰v¬L5QWQ^OšLNSULNXcTWVWQ^VWXhMUI[Xh\mMUs[MULNI[‡5Y[TzZ/MUXNMU\hIk\3LmLNˆg\hV†a[TWl`Xo\NQWMUHbZ/_gXN‚gMUl[HJMU\NIgSUHeHmLR_†dRZESUHJHmHJMUQ^TWLhXNY[YgI[LRV[MU_gI[LNXc\RT%Q^Y`Q9MUI[Q„l[MU‚Wl[I[HSUT%MPi`OJvQ^HJVFLNHbXeMUI¾VWI[I[_‹Hb\5a[HJd ‚WXcHJQ^Y[SUSxVFHJI[Xhl`H HJHmL6_/MpdRIKLhVWl[Y`XNa[fgQ9L \L
vVW6 VFaKHbXNLNL6d l[deQ9a[VFXcL XN_Cf{LhXcI[Q^Hbt MpL6IK68deMpIKVF6T’XN¡fxHoZ{s `Q^‘gQ„ZEHmnkOol[XNVFHJSUI`HJlK_x\ XNˆRHJQ9\hLNXhHJY[H’IgHL‰Q„‚Wl[Q9Q9IEXNMUVFSPQ^Q9i[l[i[SUHJl[SUZH SUMPQ9OJI`V^Q9Lhvk_/MUVWLNd XcIQ^Y[LNMUHbI[YjXNMUHkQ9I[LT;LhMUY[\RHkQMpIKLcvQ^Y[HJXNHmHJTF_ XNHJHbL I+vVFLhI[SUXNnHJd L6dRI[Q9XcVWVW_CLeXhfDQqtMUTWXN\ LNVgM—Q†V[Š]_†Oš\NMUMrZEZDQ^S lKQ^6 LcSpHOhHJY†va[HJvXcHmVFQ^_ XS
TWXNH„HbOoI[VWHJZLNMPi[O/MUI`Q9SUQ^TWLNVFMUVWXNMUI>LNY[}Z/HWs T`\ s3LNY`û5Q^VWLkXhLNXNV HbSpQ9n>IjY[_1Hm‡KQ„‚gVWMUTFSUHJn S6ˆƒVWž„I>ŸWŸXNH„WOo¡ VWd ZYKi[MpMUSUI`HkQ^VFLNLNMUVWY[I5HbXks]‘‹Y`VWQ„ZE‚WH†Hqa[XN\hHJHm\h_>HmQ9\NXoZ{ONYKQ9HJSUXNS3\{lj_gVWV l[aKI[SrVFQ^L‰LNMUVWaKIK\NH \
VWXNQ9HbIjlKSpLN_;n/MUZEY[YKHmMUMpJTFQ„MUY-‚gI[MUT/SUZnLNa[VWY[LcIEH/Q^LN\hdeMUMUVWZEHJICMUTFl[Y+SUXcHzLhQ9\’LhXhHJHmMU\EOoI;VFMUZIüQ{i[IKOšMUHJVWI`a[ImQ9…oXcLhaKQ^MpVFS I`IOoI[LNHJ\cMUVFL6OhdRY[I”HJVWZ/d Xhf1MUHJLh\mZ{Y”s Q„Xhn1HmOoVFOJQ9ZaKi[\NHEMUI`lKQ9LhXNMpVWVFiKI3SpHbsyZ“AH/vVWX†Š`XNQ9\hSULETWVFSUVgXNMUVWLNf-Y[Z/Q9L\zLhd Y`YgQ9n L
,%, - , ¼ W¼ . ¶[°0/eµo£W¥b²p°b¤21E§rª¶ %¸z¸
I[þžmŸFHJI[aKŸ[H Xcž„Q9¡zXhS5HmYjI[Q9Q9\hHJ\kVWL6dRI)Q9VWSU\NLNXhV{Y`fEQ^I`dRLEQ^HJZETWMUTWHbHmI[Yg_LNHJ\ LNLNMPYKMUO \ Mp\qQ^LNYKSULNTWH Y[VWH6Xh¢eMULN/~£9Y[¤3°bZ/µJ‹¤†\k°šª6¹FZD§Pª×¨g©«Q„³{ª¬nA§¢e£^I[¨g£9VF­¨5LE49/e°Jngµc¨‹MU£Fª¬HJ¥J§SP£^²U_-°J¨g¤†­0Q>sx/eTWŒ µcVg£FY[V[¥JH_€²U°J\h¤†Q9VWl[a[s lKXo6 OoXNHEV+MPOhQFfDV^Ohv~Y”ýLhQWY[LhV;_[HOšl[VFSpM—l[XN›xVFLNH†i[MUZESUcHJžmMUZ ŸFJMUŸ I[MUT\ <
LNVWYjlKQ9LNLyMUZELNY[MUmHbQ^XNLNH‰MUVWObI†Q9I†l[i`XNVFH i[IgSUHJa[Z1Z/s HJXNVFa[\3H @Fa[MU‚WQ^SpHbI+L5\NngZEZ/HJLNXhMPOy\NVFSpaKLNMUVWI[\5LNVkQI[HJa[XoQ9S[IKHJL6deVFXNf†deHbMpTFYgL

Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJnu‘gVWI[\ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„ JžJžmŸFŸWøW¡


 


A B C D

 
   !#"%$'&("%*)+,+"-&./)012$!#"%3  4!51%61%7& 14"%.&("%"-&()+8()+8*1%7+
!51!#)+6!(91%7+67+0:) ,+)1%;0! :<)+!#1>=?7&()+8#1%7+<,0)+=1!5)&@1AB!(91%7+6)012$!#"%3 

‡5MpTFa[XNHžFžWsUž MUSUSpaK\NLNXoQ9LhHJ\zQ†\NMUZElKSpHRv}HJHm_FvVFXNd Q9Xo_EIKHJL6deVFXNfxs[t\N\ha[ZEH%LNYjQ9L LNYKH‰‚FHmOoLhVWX


C6D#E@FHGC6D#E I#GC6D#E J+GC6K?E@F.GC6K?E I#G:C6K?E J0G:C6L?E@F GC6L?E I G:C6L?E J GC6M(E@F5G:C6M(E I GC6M(E J
MUY[\ƒMP_[Q^_gI’HbQ9IüXhi[I[MULNV[Xc_gQ^HRXNnkQ™Q9\hQ9\NI`MUTW_TIKZESVHJU IgL3V^ž v[SBdeHJUMUTFY+ -Lh\yQ9LNXhVzH1LhMUY[I[MUlK\3a[I[LDHba[OoXcVFQ^I[S[I[I[HmHJOšL6LNdRMUVWVWI[Xhf]\>ˆ„Q9d I`Y[_THbXNSVH C6UNOE ¿AP l`MUQ9\{\h\NLNHJY[\H>LhY[VWXNa[VFLha[l[TWa[Y L
OXNoHbVFl[I[XNI[HJHm\hOoHJLhIgMULNVWMUI3I[sT 6 HšVFKLNQFHROoLNLNY`SUn Q^LyLhY[vVWH†Xy\cHJQ9‚FZ/GHJXNH%n†\N‚WVWH„SUa[OoLNLhVFMUVWXI3V9sKvxtzLNY[SUSyMU\yl`v}HJVWXhXNZZ a[LhLcY[Q^HJLNMUXhVWH‰IKQ9\ Xh6HV9‚WWYHJX+X%ULNYK  H’W%\hH HJ@FL%a[V9MU‚WveQ9Y[SUHJMPIg_[Ly_‹HJ‚WI HmOša[LNVWI[XhMU\L
MUMUI`IA_gLNMPHJOoXhHJZE\„ˆO\kZ [V^v~G:\ LhGY[] HEG^`Xh_ HJˆm\NaKQ^XNSpLhH MUI[H @FT a[HJMU‚W‚WQ^Q^SpSpHbajI+Q9L LNMU‚WVFHmI OoLhvVWaKXhI`\eOoMULNIMUVFLNI3HbsxXNZEŒ Y[\ MUV9\kvxMUI[\kHJija[HmXoQ9OJQ^Sja[I[\NHJH{L6dRXNVWH„Q9XNf†XNXov}Q9a[I[I`TFOoMULhI[MpT VFI`LNQ9YKSUHMUL6nkVWXcQ9_‹I`HJ_ X
V9Y[vRMP_[LN_gY[HbHkI’YKa[MrIK_KMp_gLhHJ\yI>MpIa[QI[MU\NLNMU\ZEY`lKQ9Sp\%H5vI[aKV/SpSUnkHo›]OoH„VFOoI[LkI[VWHmIOoLhHmLNY[_†H%v}HJv}Hma[_FI`vOoVFLhXNMpd VFI`Q9Q9Xo_kSUMUL6I[nEHbL6V^deveVFLNXNYKfxH’ˆ„I[LNY[HbHJL6deXhH‰VFQ^XNfxXNH6sjŒ aRY+X9aK\N\mngˆjZ/TWZEMU‚WHJHbLhbI XNMUa HJ\
Q9IjŒ _EY[aKH%lDl[LhXNcV VFi[adSUHJX[Z–H @FLNa[Y[MUMU‚W\zQ9SUOoHJXhIgHmLRQ9Lh\NHJVF\SpaKvVWLNMUX VWI[Q†\„TWs HJIKHJLNMPOkQ^SpTFVWXhMpLhY[Z™LNY`Q^L a[\NHb\‰\hMUZEl[SUH XNH„OoVWZi[MUI`Q^LNMUVWIMU\
tVWQ9\Z/- vMUVFLSU/'VWSpV9Lhged Y[LNHJ\„YKXNsgHJ\„|}IAs`ve‘gVWLNMUY[IKZ/HH¦MpSPV^_gQ^›]VgXNSU\hHJn+l[\%ˆ„XN\hM—MUvwI[MpZ/T{_‹MËl[›xd SUHJH’MUXhSUSƒHJOoIgXh_gVWLzaK\Nl[\N\hLhV9SUXNMr‚WObMUHJI[Q9X%TFLNH†\zVFI\NLNVFXhnEQèZELhl`H†VHJHJXhZDSUZHJZEQ9a[l†LcHbQ^I+v}LNa[LhMUI`\%VWI{OoV9LhveMp\hVFa`LhI`Y[OhQ9Y;HSUMUl`Q9L6n†\fHbXNV9eZt va[Y[/LoMPQ9_[LN-_gMUVFHJI{I1;hgeI[Q9V[I`Q9_gI`_Hb_R\zd e MUMU; SUI S
a[V9_gvxM—I[›x\NMULhHJH„\zXNQ9HJXcQ9IgOhI`LY _/d OJVWQ^Q„Z/Ing\mMUi`ˆ„\NH%LN\NYKMUVFQ‰HJI’I_‹V^MpXN\ovwHmQWOšVF_gVWLN‚WZY[Q^HbIgi[X LcMUI[Q9Y[TFMUMPI[_[HWT ˆ9_g\hHJLhMpI{Y[IjHJOoa[\NH‰HI[_gMU\NLhM—Lh\m›xXNs[MUHJI[|6XNI/TWHbI+\yLNLRd Y[\NMUMU\zLhSUXNSgOJMUXNI[Q^HJ\NTF\hHW\ea[ˆjSUMULa[I†\hMULNI’MUI[Y[_gT¦Ha[l`Q†l[VFSUljMPl[OJVWa[Q^lKSPLNQ9a[MUVWLhSPMpQ9IkVFLNI’V^MUVFv]Z{I \h¬VWQ„ijZ/n%Q9\NHI[H„VWY[_†LMP_[vZ{VF_gXNHJQ9Z Il
va[IjieOoQ9LNXhMUVWMUVWIja[Q9\SUMUL6\hn’VWSULha[VLNMULNVFY[I[H’\E_‹Y`M˛xQ„‚FHJH XhHJIgijL HJHJY[I)MP_[l[_gXNHJVFI{l`a[VFI[\NHmMULh_\ LNMpI{VCLhLNY[Y[H%H \c-RQ9Z/VWZ/Hzl`d HJQ„Lhn+MUI[s T -RVWIg‚WHbI+LhMUVWI[\EûyXhVWi[SUHJZ/\ms
Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJn u‘gVWI[\ ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„  JžJžmŸFŸWøW¡
 
.  

   .  

[aœcž„I[Q^ŸWMUXNLhŸKSU\ƒnzžm¡3_gVFa[Q^I3XhSUˆF\NMUI[Vz2{Tz\hVWa[XhIgHmTWLcOoTFQ^VWHJI`Z\NQ LhiKHmQ9_MpIjIj_Q Q9LN\h;%MUVWVFQ„SUI‰a[‚gLhMUMU\yIkMpVFcVFIkž„XcŸWd _g÷WHbY[ŸFXƒHJ¡xXhLhQ9HJVzLhigljLNnkHJHJZ/Y[X6v}MPl[VW_[XNLN_gZ•HmHb_˜I’Q LNa[VzL6IKngMP_gl`MpLhHbHR\I+V9Q9Lhv`XNM—vHRMUnRIgLNLNvXha[HbHmSpI`Q9SUMULhOšTWHmLNHbMU_†VWI+I`Q9L3\Q^OšS+XNQ VWQ^Z\h\N\NljV9a[Hm‚FSUOoLhHJLNMpXm\\hsWHJV9Lmýv[ùbQWY[Y[_[MPMP_[_[OšSp_g_gM—›xHJHJII H


a[ZEI[MUMUTFLhY+\Lqd Y`MpQ„Lh‚WY-H1LNY[_‹H{M˛xHJ\cQ^XhHJZEIgH LDOoOoVFVFI[I[I[I[HmHmOoOoLhLhMUMU‚+‚+MUMUL6Lhn-MpHb\mQ9.s XNH ;a[OoVFXNMUI[I[\NTAMP_gXhHbHmXNOoHmVW_ZLNiKVAMpIjijQ9H{LNMUVFLNY[I3H ˆ3VF\oI[Q9Z/H1HWOJˆyQ^I-i[a[\NLHmQ^Y[XcMPOh_[Yü_‹HJLhI-Y[XNa[VFI[a[MUTWLNY \
LNOoYKXhVWH\N\hY[V9MP‚W_[HJ_gX„HJs I>a[Q9I[I`MUOšLNV‹\%OhLhfAV¾o_‹žmHJŸFLNŸWHJ WXh¡ZEY`MUI[Q^Hk\%d MpZ/YKl[MrOhSUYAHJZEQ9HbXhI+HLRMr_‹LNYKHJIgMp\qLNMPMrOJ_‹Q9HmSQEQ^Q^I`\k_ deaKHb\NSpHSLNQ^YK\‰Mp\%Hš‹MUIgLhHJvI[VFXN\hZ{MpVFI[Q9\kLNMUVFLhV¾IELNOšV/VWI[TW\ha[Mr_‹MP_gHJHX
Y[Q9\†V9dŽY`Q^\h\’MUZEV^vMUSPLNQ9HJXzIAYKijMrHJ_KHJ_gI-HJI;\ha[aKTWI[TFMUHJLN\N\ELhHmQ9_xXhHs <y2¾Y[VWH{XNH/OoVWXNI`HmOšOšSpHJajIg_gLNHJSUn+\ˆ LN4YKHDVFXNljI[HJMUI[XhZTAa[oLcžmQ^ŸFLNŸ MUW+VW¡˜IAY`l[Q9Xh\†VWi[\NSUa[HJTFZTWHJMU\h\†LNHmI[_CVWLLhY`Q9Q9\†L†i`LNQWY[_ H
LNl`XoQ^QWXN_gL MULhV9Mpv3VFLhI`Y[Q9H%Sja[l[\hXNHkVFi[V9SUvyHJZ LNY[H%Q^I`\NLo_Q9I`\ha[_KTWQ9TFXcHJE_ \NLh@F\za`LNQFYK_gH‰XcQ^aKLN\NMPH%O V9HJXhvyXNVWVFLNXzYKZEHJXRH„Š`Q9\NLNaKIKXNHJHJ\NZ/\ZEHJIgHmLmQ^ˆK\N a[:Xh[ HJZEHJIgLh\ms 4z\ VFXNI[MUI[^ T¡ I Q9ˆgSU\hMUV \   
 

\Nd aKY[TWMPTWOhHbY\NLNZE\'MUTW(NYgfgL5MUSUSpŠ`MUSUI[LNT{HbXeV^VF› a[*ALQ9V9Ig›xnA\NlKV9XN›xMUI[\NTqlKXNvMUXNI[VFTAZ•LNMUYjI`Q9OoLVFZE_gVAl`Q^I[LNMUVWi[L†SUHeZEljHbQ9HJXNL’HbI+Z/Lh\mMUI[s[MUþZD‚WQ„HbS5XcQ9Š`SULNSjIKY[HJV9\NdR\/HJXN‚WH HJ@FX„a[ˆWMUMUXNLHbZEMU\RHJ‚WIgHJLNXh\„n ˆ



LN_gYjM DQ9þI{OoI[a[TWHkSUXoLyXNQWH„LN_gOoV˜MUHJHJŠ`IgIgLkI`L _XNi`HbOJQ^l`Q^\NVF\NHmXNHJ_/L%\ ZEXNd HJHbY[LhLNa[HbY[XNXNV[HzIK_g\kTF\RHJLNI[vV{VFHJXeQLhMP\hOzLNa[YKQ9ljHJSUHJZETFXNVW‚gHkXNMUMU\NMULhI[HmY[_MUZELhMrSUQ^\xHmSUQ9Y`SpnXhQ„I[‚FlKMUH I[a[Ti`L HbQ9vHJVFl[IEXNl[d \hSUMPY[Q9OJV9XoQ^_{d LNMUIVWigI[n LN\„Vk/ s ngHJMUSUHJHJSPdu_qXNHJHJL‰\ha[Q^SUS¬LNsÐ\ cijž„ŸWHJŸLNLhFHJ¡JX s
ûyQ9SUQ9TFXhVWL”XNMULhV^Y[v1ZELN\jYKMUH \xLNLNY`XcQ^QFLƒ_gMUQ LNMUTFVWHJIjI[Q9HJSELhMPOd Q9MU\oSU_gTWVFVWXNZ MULNYKPZüvVFMUSp\xfgSUTWVWVgXhV[H =9_k¡>Q^L3d XNY[VFMPa[OhTWY YKSpYjn%Q9Oh\-Y`Q9TWXoXhQWV9Ood LhHJI XNMUJa[MUI[lTQ9LNY[XhVWHRa[\NIjLhXN_™a`OoTWLhHJa[IKXNHJH LNV^MPO v
SUMUQ%V[Le\hOJLhHmQ9VkQ9SÐXoŠjvONHmI`Y{Q9_{Lh\ha[l`Q9XNIEQWHbOo\‰MUHkI[V^MUQ^veLhI`MrLNQ^_qYKS[H’Š`\NHbI`\hLz_gHmQ9V9MUI[Xov3ONTqTFY>VgXNHJV‹\NTFlj_èMpQWVFdeOoI[HWHb\Rs5MpTFV9þzYgv3IKLNTW\zHkVgQ9V[d~Ij_Q„_n{Q„‚WLNLhYKHbVEXcHJQ9I{a[TF\hLNHRH¦V†Š`Q†LNLNa[IKTFXhHJHJID\NI[\„HJLhˆ[Y[Lhi[MrH%O†a[\NLRQ9HmSUI[Q^TFXcVFVWOhLeXNY MUQWLhV9_gY[‚FHbZ l[HJXeL~LhLhY[Q^V¦HJLI QqHo[MUTW\l[XoSUQWLNVWVE_gMULhMUaKHJMpIKIg\NTHL
i`fgMUQ^I`\N_CHm_ V9ZEv˜Q^HJl[LhY[l[V[XhV+_xQWsƒOh‘‹Y€f+MUQ9I[IjIK_;HJX’\ha[Q9TWIjTF_ HJ\N/ Lh\{XNVWLNaKY[TWMUYg\LNVFZEI€HbLNcY[ž„V[ŸW_AŸFøWMU¡\Y`ijQ„HJ‚WLNH/LhHJXNX{HJljLNY`VWXhQ^LNI-Hm_Ca[\NTFMUV+I[V[TA_>TFXhXcHJQW\N_‹a[MpSUHbLhI+\Ld Z/MpLhHJYALNYKLNV‹Y[_‹MU\\
Q9SUVFI[H vVFXzOoVWZ/l[SUHoEl[XhVWi[SUHJZ/\MUI+‚FVWSU‚gMUI[TkSPQ9XhTWH%deHbMpTFYgLe‚FHmOoLNVFXN\„s
,%, - ¼ W¼ ¯z°b¨`°oª6§±†©9¨`· 49£9²Ë¹Fª6§£9¨j©9µJ² # %²´³W£9µJ§Uª}¶+¤q­ƒ®„£9µ ~°b§P¨J®m£^µc±o°J¤°b¨gª 3°o©9µJ¨K§P¨g³
tzMUI€IKVW_gLNVWYKZ{HJXQ9MU\NI[Lh\†XcQ^d LNTWY[HbHJnkXNHMU\ƒTWLhXcV%QFa[_g\NMUHJH IgTFLHJI[ZEHJLhHJMrLhO Y[V[Q^I`_g\E_%HJOJ‚FQ^VWI[SUI[a[VWLhL/MpVFI`i`Q9H>Xhnk_gMUQ9XNSUHmTWOoVFLhSUXNn MULNY[Q^Z/l[l[\jSUvMUVWHm_xX5ˆydeVFHbMpXETFYgd LƒY[VFHJl[XhH LNMUZ/TWXoMpQW„_gQ9LNMUHJMUVFIgI L
   

ZE\NajHbONLNY€Y[V[Q^_gl[\-l[SUMPQ9OJXNQ9H)LhMpVFSUHJIA\N\-MU\HoLN›xY[HmH{OoLha[MU‚W\hH HDV^LNYjv‰Q9HJI–‚FVWSUMpa[ILhMp\NVFMUI`ZEQ9l[Xhn;SUH-Q9\NSUTWaKVFl`XNHJMUXhLN‚gYKMpZE\hHm\%_–LNV>SUHmQ9LNXoXhQ9I[MUMUI-I[T#I[HJQ^a[l[Xol[Q9SUS MPOJI[Q9HJLhL6MUdRVWI[VW\„Xhs’fg\þvI[VFH X


XNLNHbYjMpQ9I‹L;vVWHbXo‚WOoHJVWZESUa[HbLhI+MUVWLI`SUQ^HmXNQ9nŽXhI[MUQ9I[SUTWTVFl[XNMUXNLNVFYKi[ZESUHJ\AZEOJ\ Q9Q9I–Ij_{i`HI[HJa[@FXha[V[MULNOoHüVWIgOšLNVWXhVWZESljQ9HJlKLhl[MpLhSUMUMr‚WObHüQ9LNMUQ^VFT+I[Q9\mMUs[I[‘g\hVFLAZEVWH%LhY[XNHJHbX€\Na[Q9SULNSU\TWVF\NXNa[MUTFLNYKTWHJZE\hL\
LNQ9YjlKQ9l[LESUMrObQ9Q9XhLNH1MUVFQ9I[lK\l[SULNMrY[ObHQ9i[\NSUHJHEL{LhV9VAv†XNLcHJQ9MUIgXhTWv}VWHJXcL/OšHJVWZEa[LhHJl[Iga[LLh\DSUHmQ^LhY`XNI[Q9MUL{I[TAOoVWl[XhXNXhHJVW\hi[l`SUVFHJZ/I`_\msLN‡KV;VW\hXVWXhZ/HJMUHDIgv\hVWHJXoL{OoHJV9Z/vkHJMUI[IgLl[a[SpLhH„\EQ9XNa[IK\hMpIKHm_ T
LNljVCHJX6vLNVFXoQ9XNZ{MUI-Q9LNI`Y[OoH>H/I[i`HJQ9L{\hHmQ9_xXNs H2{I[VWVW\hL/L’f+HoIK[V9MU\Nd LhMUI I[TQ Q^l[SUTWXNMUVWVFXhXNMUM6LNsY[ýzZ/Q^\˜LNY[Q^LNHJLhX„HJˆRZELNY[l[H L†LNHbVA‚WQ9OoSUa`VFI+Q9Lh‚FMUHJVWXNI-LLhV9Y[vkH{LNYKXNHJH MUIgI[v}HJVWL6XcdROšHJVWZEXhf”HJIgMU\L
SUTWHmHbQ9I[XhHJI[XcMUQ^I[LNT)MUI[TAl[XNVFQ i[LoSUQ9HJZXhTWHJL†LhV VWa[Q)Lhl[\ha[a[LqljHJvVWXN‚gXqMU\NHmHmQW_ OhY-SpH„MUI[Q9XNl[IKa[MpL„IKsƒTü‘gVFl[ZEXhVWHEi[SUQ^HJl[Z l[XNigVgnQWOhY[MUI`HJ\_gMUOoXNHmVFOšZELNSUl[n•a[LhVFHDXAQ^Y[IAHJa[MpIgXh‚FMp\hHJLNXNMP\hOJHDQ^SpSUV^n v
LNZEQ/VAV[\NngVF_g\Na[HbLhS‹LNHJlKObZa[Q9ILNZE\ijV[HzLN_gYKa[HJH \hS6HmsK\N_†Œ a[LNY[iKVkH\NH TF\N@FHJnga[I[\NHJHJLhIgXoHJL{Q9ZLhH‰\NLoZEQWQ9OšV[LhLNHm_gMU¡JVWHJsRSyI[G%\„Z{ˆ9MU‚Wd Q9HJl[Y[I€\MPOhMpQ>YEIKl[OJLca[Q9Q^LNIXN\èTFLhHJ¬Y[LEOoHJa[I\hXhLcXNQ9ijHJLhH IgHWL†a[ˆ\NLh\NH„Y[Lo_EQ9H LNQ9HEMU\RIgQ^‚WQzI`HJVFXh_>\Na[H LNOolKVWV^Iga[vkLNLXhLNLcVWY[Q^SeH{XNQFTF\NOoHJngLNL MU\hVFLNLhI[HJY[Z \cH ¡
LNa[Q9VClK\hH¦l[ZEXNQèVFHJl[\NLhHJXNY[MPl`V[Q9Q^_gLhXcHD\EQ^LNQF\hHa`OoLNOhHJMUY ‚WVWQ^IjQ^Sp¡qaj\ Q9vVWLN( MUX/eVFQFIDQ ONf-IK\hHJHJl`L%l[Q^XhLNVWXcY`Q9l`Q^LhQ^LzH1T+SUQ^OoHmLNVFQ9MUI+XhVWI[LhI-XN\%VFLNLNSpYKSUV/HJXNX„VWl[syaKXNŒ HmTW_‹Y€Y[MrMUOš\’LhLkMpZ/TFVWHJXHWI[s HJ*HJ‚WXoQ9Q9(NSUS%t%a`_gQ^_[HJLNQ9Hk\cl[OšLhljXNMUMUHJ‚Wl[X6H LNv}MUVWVFOoXNI”XNZ{MULhMUQ9Mr\O I`*”OšQ9H’l[Z/lKQ9HJSpL%MPLNOJYKHmQ^QFV‹i[ON_‹SUY H\
vLNVFMUZ/X¾HkQ^I \NLhHJ(ol3QWsyOoLhŒ MUVWY[5I H*Cl[I[XhHmHJ_gL MPOod LhMpY[VFMPI;OhY OJQ9OoIAVWIgLhLNY[XhHJVWIASU\{ij\NHEng\Na[Lh\hHJHmZ _>LNi`VHbY`Y[Q„HJ‚ga[MpXhVFMpXm\h8sLNMPOJ6 Q^VWSpSULhn HWˆ TFY[HJI[V9dRHJXoHJQ9‚WLhHbHEXmˆ VWaKLhY`LNl[Q9a[L{LqijLcVWQ9LNXhY TWHJV^Lh\ v
Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJn u‘gVWI[\ ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„  JžJžmŸFŸWøW¡
 

LNVWYKX HJYK\NH{HJa[ZEXNMU\hHbLNLNMPY[OJV[Q9_gSUSU\’ngs OšVWZElKa[LNHLoQ9XNTFHJL†VWa[Lhl[a[LN\Q9Ij_>LNY[H/XNHJ\ha[SULNMUI[T TFXcQW_‹MpHbI+Lh\’HbMpLhY[HJX†MUI`_gMUXNHmOšLNSUn
ijZEHmH„G%OJQ9Q9\NHJaKaKI[\NXNHbH%H>LNMPTWO;V9HJvIKQ^HJl`SpLNTFMPHJVWOzX×XhvQ^MpVWLhSUXhY[TWZDVWZEXhQ^\ MUI`LNY[OoOJHZ/Q^I•v\ƒVW_gX{ijVkH”HmIKQF_gVWONMULRY XhHma[Oo\h\NLNHJHSUL n•TWV^XcQ^QFv’l[_gdel[MUHJSUHbIgMUMpHmTFL_)YgMUIgLDLNvV)VF‚FXNHmZDXNOoHJLhMUQ^VWIgLNXNv}MU\>VWVWXcI5LNOšYjˆJHJi[Q9ZEa[L{HJL IgMUXc\DL>Q9LhHbSUY[‚WHmHJQ9Q9X SUXha`I[VFQ9MUI[I[LhSUHmT€n’_xszQ%l[XhG˜XNVWHbHJi[SrQ^I[SUHJLNHJMUZ/Lh‚WMrHO\
I[LNQ9XoSUHJQ9TFaKMUVWXcI[XNQ9HmMUSRLh_¾Y[I[ZEXNHJHmLh\Oo\’aKQ9XNLhI`XNV1Hb_ I+OoL%VFHJI+‚WI[LhVFHbXNSpL6VFaKdeSpLNSUVFMUMUVWI[XNI`fgT Q^\zQ9XNLhn€IAVMUQ9i`IgSUQ9TF‚WSPVWHbQ9XNXNIjLNMULhOoH„Y[Hk_AZEL6ljdR\†HJVI`Y`_gMpQ„Iga[‚W‚FHSUa[HJXNZ>i`LhHJHmsxHb_{Iü“AljHJ\hHJMUa`I`SPOJQ9_gOoI`a[HJ_SU\ha[\6Z/cvaKžmŸF\eSpSUŸ nV^ ve<Q9_gl[žmM—›]ŸFlKŸ[HJSpMUXhžmHmHJ¡‰_ IgvL%VWLNV;X%SpHbI[HoLh`TWXcQ^Q9LhY[MpZ/IK\zMpl[IKQ9SUTHL
LNljYKVWH l[a[\cSPQ^Q^ZELNMUHEVWI†LhMU\NZEMUJHWHJˆy\zQ9Q^\I`_†dRY[HJSUMUSzTWYKQ9HJ\EXeQ†Z…oaKVWLcMUQ9IgLhLNMUH„VW_;IkljXoQ9HJLNI`Hb_‹\ea[LhSUV¦a[Z1OoVFs5l`Œ HY[d HJMU\hLNH1YQ9LNYKSUTWH VFXN(>MU-RLNYKVFZEZE\kljHJV^LNvMULNI[HJT I--Ra[VF\hI+H ‚F\NHJZ{IgLNQ9MUVWSUSUIKHJ\X
fgûyžmŸFI[Xh÷WVWV9÷Fd i[¡ SUI†HJZ/LhdeV•\mVFs XN* LNf†XoQ9“€V9MUvxIŽY[tzMUQ9LhI`SpI Hb_gn1HbXN(NHJ\Nt%VFL_[I Q9Q9S6olKs žmLNŸWcMU‚Wž„÷FHŸWŸWŸ[¡5 ž d <eHJY[a[ž„MPXhŸWOhMUYŸF\N¿WLNa[MP¡kO \NHbOo\eVF-RZELhXNY[MUl`LN H MPQ^O (NXN*uLhHmHJ_AZE0t Qlj8VWTW- XoHbQ9I[¡ S[HJ_gLNd MPM—O/›]Y[HbMPY[ONXNY™MUHJSUI`S ×OšMUOoI™H‰SUMUZ†Z/LNa[i`HJXhLNHJIŽYKX%V‹LhMU_ V1\A*’Lha[6Y[‘g\NH{H„a[_™LhdeLNVWHJLNSUIV S
TWLNYjHbI[Q9LEHJXcLhQ^Y`LNH Q9LLoQ9LhXNY[TFH HJLTFVFHJa[I[LNHJl[LhMraKOLN\yQ9vSUVFTWXƒVFXN_gMUVFLNY[MUI[Z/T%\’XNHJlKMUXNIgV[vVF_gXca`OoOoHbH„ZE_-HJLNIgXoLyQ9i`MUI[QWMUOhI[fgTAl[XhLNVWMUZ/l`Q^HJT+\¦Q9LhOšMUVWVWZEI3sbljŒ Q9XcY[Q^H i[XNSUH{HJ\ha[LNVASULN\LNYK\ha[H TWt TFHJ7\NLh- \
d Q9SUMUTFLNVWY>XNMUXNLhHJY[MUZ1Igv}VWs[Xcs OšHJZEHJIgLkijQWOhfgl[XNVFl`Q9TgQ9LNMUVFI3ˆjd Y[MUSpH†TWHbI[HJXcQ^SUMp„Q9LNMUVFI1d Q9\kijHJLhLNHJXqvVWX%LhY[HTWHJIKHJLNMPO
XNLNHbMUZ/Mp“€I‹HkvVWY[i[XoMUOoLNa[SUHJL’HJZEn™Q^HbSUI+\NHJV{L5L)SUTWHmQ9HJQ9S6IKXhs{I[HJXccMUQ^I[ž„SpTkŸWMUmŸK6Q^žQ9LN<{I`MUVW_%žmI5ŸFVFs`ŸWLNtY[¿WHb¡CSUXwTWVWY`_‹XhQ„HmMU‚FOoLNMUY[H \NZ/MUVWQ^\zIqXNTFLNl[a[YjXNHmQ9VF_–L%i[SUSUHJHmLNZEYjQ9XhQ9\oI1Lü¡x\N‚FOoYKHJVFVWXNZEna[SPl`_%@FQ^a[I[XNMPMUVFON\NfgL3VFSUI[VFn1I[\;SUOJn˜V^Q^vI1OšVWljQ^I[SUVW\hTWMrLhVW_‹HJXhHJIgMUXyLNLNMPY[SpQ9H„Z/SUQ9SUXNn{\AIKv¬MpvIKQ^VFMUT X S
LNSUHmV>Q9Xhl[I[XhMUV‹I[_‹T%a`MUOo\ƒH IKQ9VWI-LyMUI’QW_gQ9H I`@F_qa`Q^V9LNvxH/MULNTW\hHJHJS—I[vÐHbQXcQ9TWSUVgMUJV[Hm_%_CZ/Z/HmV‹Q9_‹\ha[HJSXNHJV9Z/vzHJLhIgY[L5H{vVWl[X5XNV[HJ‚WOoHbQ9\NSU\Ea`Q^ijLNHJMUI[MUI[T‰T>QSULhHmXcQ9Q9XhMUI[I[HmMUI[_xT%syŒ Q9SUYgTWa[VFXN\„MUˆxLNYKv¬Q^Z1\NL s
XNG%OJHbQ^HJMpIEI‹IKvHJijVWXcH‰XoQ^OoSpMUHJMUIgmZELNQ^XoHbLNQWMUI+OoVWL/LoI Q9SUi[HmMUSUQ9\AHWXhsFI[Q9Œ MUSUI[\NYgVT”a[\mHoQ^ˆg›]I`HbH„_€‚WOoQ9LNOoHmSUa`VF_ I+Q9LhLhi+XNMUVWn)VFI†S‰Y[MplKIgV9XNd‚FVWVWiKSUSpLh‚WHbY[HJZEH;\ \m\cHbˆQ9‚WZ/LNQ9Y[SUl[H>a`SUQ9MUI[IgLhMUT%a[VWZLNI)Y[ijHvHJa[X\NIjHJV9L OoLNv’V^MUVWvƒljI ljVW\hVWMU\N\N\AMU\hi[MUSUOoi[H>VWSUHzIKMp\NIK\NLNLoMpXhLhQ9a`MPXhQ9OoLeS Lh\hHm\NLc_xLoQ9Q9skLhLhHJ|6HJ\mI \ s
TWi[œyHba[‚WI[L Q^HJSpLhXcajY[Q^Q9HkSULNMpMU„XhVFQ9HJIkLN\NMUa[i`VFSUI3Q9LhMp\hsxIKHmœyTE_‚WHJVFQ9‚WI¦SUQ^a`Q˜SpQ^ajLN\NQ9MUMUVWLNI[MUI TWVFSUIEijH Q9MUŠ[\ \N[H„I[Hm_ VW_†MUVF\h\NInELoQ9Q/Q9XhLeI`\N_{\hMUI[LcQ9MUTFL LhSUH‰H’_gM OJXoDQ^Q9II`Ooa[_gXNSUVFHJL \hZa[LNVESUL\NLoOšMUQ9VWIkXNZELqv6Q9lj\N\NLcQ9L Q^XNSpH%LNH„HQ9LhY[XNMU\%IKH%Mp\NIKHJVF‚WT`ZEQ9ˆ9SUi[HJa`d aKQ^LY`LNMUQ^‚WVWLzHJI/Xhijn’V9HJvljLNLhVWVgHJI[VWXmHX ˆ
\NLNLhYKXNH‰MUI[MUI[T%lKQ9a[T+L Q^MU\NI[l`\NQFLyOoQ9HkI[dRVFLNVWY[a[HJSPX„_/s9Q9œyl[‚WljQ9HmSUa`Q9Q^XLNLNMUVWV†I%i`i`HqQ^LN\NY[HmH%_%ijVFI’HJ\NQ L\h\NHJLNLyXoQ9V9Lhv`HJ\hTWLcngQ^s XNLy\NLoQ9LNHb\ƒLhY`Q9Lya[IKMËv}VWXNZ/SUne\oQ9ZElKSpHb\


23254 †8 †:E7F B C=¾<>79:  "!q= < B = )8 :E<@CBD:E7F= 8


8 †@A,<  8 ’: =¾< )


LNa[‘gYKVF\hH€HmZE_ H)IgLha[V V9Zv;i`_gLNHbHbYKX1LNHJH•XhV^ZEv¾HmQ^MUYKI[XNMrSUHA_Kn _gd HJHšY`I™›]Q^VFLa[XNLNI[Oo\)MUVFLNZ\CLNVi[d~MUI`HJQ^I`Q9\ALhOoMUV[i`VW_gVFI[H™a[\/I`V9I[_gvEHJH„aK_dRXc<kQ9HJS>MULhTWY[YgI[H€LNHJ\ L6TWdRHbVFI[VWX1XhHJfLNYKMPO€Mr_KQ9_gXoQ^ONHJSUYKTWI MpVWLhXha[HmMUOoI[LNLhY[MUa[LhZ \1XNHJ\•ngOšMUVWHJQ^a[SP\N_)SP\h_ua[MUZEZELNY[Hl[HbXhIŽV9LhY`‚Wi`HmQ9_HL


IŠ`[OoVFHJLhZEI[L6dRHJl[\NVW\a[XhLof1ZEQ9LhQ9HmMpXoQ^VFOh\NI`Y[a[Q9MUXhLNSyHJHmZEijOoLhHJHba[Y`I+XNQ„L Hb‚g\kMpMU\RVWY`XkLNQ„YK‚Wd H‰H†MULhLha[XcY[Q^\hMUI;a`MpIKQ9MpQ/SUIKSUnETkŠ`I[LNijMUMUHJZELNHJH/IAHFXcs LhQ^2{XcI[Q9MUTWMUSUH/I[SUHJH„XeV9_ v‰Q^a[I`Q9\h_/XoMUOhI[ŒƒY[TEMUV[LNi`_[HmOo_/QFLhOha[of žmXNHbŸFl[\m÷WXNsŸWVFŒ ¡l`Q9Y`YKTgQ„HJQ9\N‚FH LhHzMpVFHo_gI3[MUXNsgl[H„tŽSUOoVWLNXhSUOoHmnAVW_/Z/OoLNV[ZEY[_gHbHmVF\N_ IH
MP/ _gVWHmT+Q^Q^\mXNˆ3LQ^\kcž„Y`ŸWŸQ„‚WFH¡5\N/ Y[HJV9SUd€HJdkLhˆY`Q92L OoLN|6Y[I[H%HJXhTWI[HbHJI[n”HJLNQ^MPOI`_>Q9SUTW‘[VFOhY[XNMUXcLNQ^Y[a`Z™_gVWOJS—Q9v%I/cž„i`ŸWHŸ a[F\N¡JH„sx_“LNVqY[MUŠ`LNSUI`HJ_†ngˆ]IK‘‹HJLcL6Q9deXhVFfgXNdefHmLhQ^VWLNljY[VWHbX’SUVWQ9TFI`MpHb_ \
vLNI[VFYjHJXNQ9Lhd \¦LƒQ9OšQ^XcVWI`_>I[_>\hIKMpLN\hHJV{LNL6HJdeIgXhVFHmLhXN_gSpn†fxa`sxOo_gH{Œ MU\NY[l[LhXcHbSPQ9Q„n;nzMUI[Q9MUMUZ/SUI[\NT{V{l[XNLhHoV9Mp[Z/‚Fl[HmHkSU_ VWigXhSUHmHn1Q^Y[XNMUI[I[V9MUd™MUI[LhMrTQ^LNSUV1\NMpljbOšHJMpIKXNHmHmT_gQ^\LNLNHEY[V9‚FH/\hHJHJXNX3SUHmHmLh_gOoY[ajLhHRMpOo‚FL6HmHEn+_AlKl[MrIKXhObHJHJQ9L6\NS9de\hv}a[a[VFXNSUXNH{Spfgn%\†LhOoV9a[VWd~IK\NMUQ^I[I[XcHmT{_>OoLhdR\NHmZ{_qHJMUQ9TWvHJSUYgSUHmHJLN_ \X
LNYjQ9L Y`Q„‚FH˜Q^SUXNHmQF_gni`HbHJI VWlKLNMUZEMUJHm_¦vVWXRSPQ9XhTWHJXRvaKSpSUnEOoVFI[I[HmOšLNHm_{IKHJL6deVFXNfg\ms
Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJn u‘gVWI[\ ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„  JžJžmŸFŸWøW¡
 
.  

   .  

Indicates a Nonzero Threshold

Network A Network C

  
   %1-& )0&("%*  !#"%$>& "%*)+1$ !#"%3 4 !#">& 0 )08f1$! 1;) 0,  "%
  

&()+ &()B& "%=?7 1%=1%,+"% #!  #B,0)+8f& 8#:)01= &.85!#"1%7+&1


47+6%=- &. &(%" =-7 %1 =1%,+"%



 &("%)+6 ,+=-7 2& %1%" 

MUijI HJtzL6‡3deI{MUHbTFHJa[HoI”`XNHEQ9÷KZ/žFˆ  žWl[ s´SU [H%s Q^V96 vI`HJ_ALNL6Y[dRŸ[HqVWˆ HoXNf3›] †VF-)XNLNL%Xod Q9LNMUVQ9I[\MUXhI[HmHJT{_g‚Wa`VFHJSpOšlj‚FHHmV‹_/LNOhY[Y[igHk\qn¾IKVWQèHJIAL6deTWø HJVF/IKXNHJVWf{LNa[MPLNL%OkVFl`V^Q^vSpVFTFSUø VWVWEXhTWMpn†LhLhY[HJv}\NZ VWLhX‰\mQ^s QI`6  _{HJ¬iKL6SUdRHmMpQ9LzVWXhXhQFI[f1_[Hm_g_{tuHJLhXVDv¬Q^MU\zMUQFSp_[TWH„_{MU_{‚FHJLNMUIIV
LNLNOoXoYKVFQ9I+H‰MU‚FI[MUHJI[MUXNI[lKTFT{a[HzL HJ6VFljVWIEV[a[ø%ONLhYKl[V9\’a[v3L LhLhVDI[Y[V[H‰Lh_gXcø Q^Hb%Mp\ I5LNV9sxHJv \ht LN6 \„ˆ[HJ6 L6Q9dRHbI`L6VW_†deXNVFf/V9XN‚Fft’HJXes / Yj6 Q9d HJS—L6v]Q9de\’V^VFv3OoXNLNXhfEY[HmHQ9/-LhI[HmSUHJ_AHmL6Q9dRigXhI[VWn1HmXhf+_/QF\R_[LN_gXNY[HMUH%I[@WT aKLhXcMpQ9Xh_gHmMUMUI[XN_H„MUI[OoZ/L¦T†VWOš\NXhVWHbH LzI[LNI[MUY`IEH„Q^OoIEijLNMUHJøVWL6[IKdRˆ\kHJHJLNIV
ž K‘gˆ  a` OhqY)Q9HmI`Q9_{XhSpø nKˆ XN HJ \h˜a[SULNLNXc\ Q^MUdRI[MUHJI[XNHAT’HbHbl`I`V[OoVWOhY[aK\zXcQ9VFTFVI MUI[W+T`õqˆ VWiKa[a[L L{V^LNvwY[ø H;†_gLhMHJD\NLhOo\maKs SpL6n-d MULNY)_gMUXNHmOoLhSUnüVFl[LNMUZEMUJMUI[T
l[HJQ‚WXhQ^I[VWSpl`HJajL6Q^dRQ9T+LNVWQ9MUVFXNLhf;MUI3VWˆWIAQ^LhXcY[Q9OhHkY[SUTWMUIgVFLNa[H„XNOoMUZLNLNY[a[ijZXhHJH1X }V9MUVW\†vyXkLNHJ\hY[‚WVWH{Q9Z/SUa`Y[HkQ^MUTFLNv¬MUY;Q^VW\NIKLhOo\ HJVWXm\hI[ˆ5LHJMUHmV9ZE_gv‰l[H„H„_{XhQWV9OhLN‚WY-VèHm_/Š`HJI`‚Wv}VWQ9_/XNSUa`Z MUZEQ^LNV9l[MUv VWXhI3V9TW‚WsÐXoHmQW|}_èv‰_gMUI[dRHJHJIgHEL6LkdRZ_gVWHJa[XN\of{\hOoL’HJQ9IgXhXoa[LcON¡qYKI”MpvLhQVFHmXkOoi`LhHma[QWQFOhXNONfHJY \ 


Y[@F‡Ka[MUVWTWMPXRYOhf+HoQ9`SUnA\ Q9ZELNijVklKHmZ{OoSpHFVFQ9ˆ9ZEfWM—vwHJH \EQ9TWI/HJOoI[VFHJHbZE‚WLNQ9MPl[SUOza`aKQ^Q^LcSpQ9LNTFMULhVWVWMUVWIqXhMpI`LhvQ^Y[a[SpZEIjSUn Oo\5LNlKMUMUVWZEXNIèVWl[YKvXoMpVWQWiKX OoMpLhLhQqMUMr‚WObZEHWQ9SgsyV[HoŒ _g`HJY[Oo\hHJH L l[6\NOoL MUVFJvZEHmVF_/Xl[VWI[aKl[HJLcLhaKQ9MULhXcZEMUQ9VWSxMUI;JIKMUI[HJOoL6VFT de\N\NLEVFZ{XNMUfEQ9\SUQ^SWL6ngXcLhOhVWl[Y[ljMPMUOJVWLNQ^SUHmSpVWOšSUTFn>LNa[MUHJ\NXh\mVH s


VW#WI;°o©9µ†Q>LNOoV;VFZE_‹VAl[SUHoVW1I[SUlKn;XNVWŸ[iKˆ  SpHb Z  Q^MUIgXcOh‚WY[VFMUSULN‚WHmHJOš\kLNa[VFXhI[H1HHJY[‚WVFQ^a[SUa`X’Q9V^LhMpv‰VFI[OoVW\mZ/sy|}l[v%a[LNLoY[Q9H>LNMUVFQ9I1XcOhY[LhMpMUZ/LhHmHWOoˆjLNaKLNY[XNH>HbI”Mp\EMULkOšVWXhZEH @FlKa[SpMUHšXNHJ\1LhY[£^HJ¨`I °
Ÿ[ˆ   %HJ‚WQ^SUa`Q9LhMpVFI[\RMp\ Z/VW\hLeSUMUfWHJSUn†MUI`QW_gH @WajQ9LNHvVFX TWHJIKHJLNMPO\NHmQ^XcOhY LhVi`HkHš›]HmOšLNMU‚WHWs
Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJn u‘gVWI[\ ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„  JžJžmŸFŸWøW¡
 


oMUO I`VFOoI[tzXh\NHJSULh\NZEXNVja`HJˆWOoIgVFLhLoMUI[‚WQ9HzSUH‰SULhn’Q^XNSUHJQWTWIj_[VW_{_‹XhMU\MULNIY[Y[Z/MPI[_[HJ\x_ga[HJ\NXoa`I/Q9OhS3a[YEIKI[Q9HJMULN\L6\deLNLNY[VFVkXNH8fgLh- \RY[Q^HzLN\cY`I[OJQ^QFHbL a[_gl`H8XcQ^Q9-RS`XhLNVWI[MPXhHbQ9XNL6SUHJdeSUn’SPQ9VFLhQWXNMUfE_KVW_gI Q9XN\ HJx\hMpHmL\NQ^HJSpXN\%H„I[Q9LhMUXNY[I[IKH‰T%\msFQ^tzXcŒ XoOhOhY+Y[Y[aKMUMULN\mLNHmˆFHmOšOoLNLNY[Lha[a[HXhXNHki`HFˆgMUQ9\N\hd \NMpaK\ Y[H‰MPvONVFMUY \X


OoVFZEtzI[l`VFQ^LNXNY[MU\NHbVFX1IZ/Mp\ VWIKXNVWHAL3Xh…oHma[Oo\hHJL Ig\NLAMUZEHo›xlKVWSpHRXhLAv}a[LNSUV€SpnEHbOš‚WVWVWI[SUI[‚FH„H;OoLNI[HmHJ_¾aKvXcHJQ9H„S†_FI[vVWHJXhL6d~dRQ^VWXcXh_/fg\AI[HJMpL6\dRLNVWY[XhH-fg\mdRs VWXNf)V9vEtI[TWHbSpMUI[H
HJa[L1\hHJQ^\%S†\NHJcSUžmHmŸFOoŸLhMUWgVW¡JIAsŒ Q9I`YK_{H Z¯ aK°šLc¸˜Q9°bLhMUµcVW©^IE²Ë§ mLh°oVE· \h‰HmQ9± XobON¹gY>§U­oLNª¬YK§£^H’¨ \hl`£×QW® OoH† °cV9±bvR¹gl`µJµcVF°b\N¨g\NMUª i[SUyHk§P¨gXhHm»„Oo­ša[ˆ XhVWXNHJX IgGL†6 I[HJt%a[ýXoQ9 SyI[\NHJngL6\NdRLhHJVWZ1Xhf ˆ
   

L6LNQ9ngYjXol`OhQ9Y[L HqMULNLNV9HmYKvwOoH‰LhQ^a[\hl[l`XNl[HbQWXh\mOšV+s`HkQWG OhV9Y16 vt‰lj_‹MËVWý ›x\NHJ\h{MUXhi[\ Q9SULNvH˜LhXhHJVWQ^ZEZXcOhlKY[OoLNMUVF\LNH„I[LhOo\NVkLNLha[XNSUa`HmXhHJQ9Oš\%XhLNIMU‚WMU\ HdeHoHJQ9[MUSUTFl[TWY+SUVFVWLhXNXN\eMUH„LNQ9_EYKIjZEMU_†I{\LNQ†\hVWa`ljI[OhVWVWY1SUI[VFQ9Z/TW8\ n’VW- I[Q^Q^LVF\cLNLNOJVFY[QFI[H_gMPOGH\cQ^v¬-RZEQ9\hVWHRY[XhXNMULNVWHJMUZEI3SPQ^s HWLNMUs„VWŒ I{Y[MUMUI \
,%, ¼ [¼ , ¸k°J¹gµc£š³W°J¨`°š­J§U­ R¯~µo£9º§ ¨g³’¸k°J¹gµo©9²j¸˜°šª6ºe£9µo»„­
|6LNI€V€Lh_gY[HbH1‚WHJSPSUQ^VW\Nl)LDI[ø HJaKnWXcHmQ9Q^SqXN\{I[HJ\NL6VFdRZEVWH{XNf)V9v†Y`Q„LNY[‚FH>H vZEV[VFOoaK\NLE\NHmQW_)_‹‚WVFQ9IüI`OoTFH„XN_-V9d deMUI[VFT;XNfCIKvHJVFa[XEXcQ^a[Sk\hMpI[IKHJT;L6dRTWVWHbXhI[fxHJs LNMP“AO>HJQ9MUSUTWTWYgVFLNXN\{MULNYKQ9ZEI`_ \
 

Q9þXoLNOhY[Y[HbMULNXHmOoXNHJLha[\hHmXNQ9HbXo\zONQ9YKXNHJHXN\{V9vY`LhHJQ„IE‚FHE_gHJQ9‚FSU\NHJV SUVWSUljVgHmVW_fFHmLh_;VWTFQ^HJLkLNY[TWHbHbXmI[sFHJŒ LNY[MPO/MU\el[OJXhQ9VWI/TWXoMUQ9I`Z/OoSUa`ZE_gMUH I[TE\hn+Q9\h\LNHJZ/Q\d~\NQ„ajn>ONY{V9v‰Q9\e_gHbG ‚W6 HJSUt‰VWlKý MpIKT s


Q9XoOhG%Y[XcMULNQ^HmZEOoLhZEa[XNQ^HbXk\˜i`Q^Q9I`\h_/Hm_)deHbQ9MpXcTFOhYgY[LNMU\ LhHmLNOoVFLNTWaKHJXNLhH;Y[HJ_gX%HJ\oC Oo4zXNVFMUl[mLhQEMUVWQ^I[I`\{_EY`ý Q„MP‚FOoH Hi`žmŸWHbHJŸKIüžm¡bHšs ‹lKSpVFXNHm_ i+n 4MULcQ^I[V-cž„ŸWŸ F¡Jˆ
2k…oVFSU\NI[HJ\h\EHJL Q^S¬sRožmŸF÷W÷W¡Q^I`_-ign”G˜XNa`Q^a cž„ŸWŸW F¡J s 6 VWS—Š€HJL Q9S6sRcž„ŸWŸ F¡†Y`Q„‚WH>Q9SU\NVASUVgVWfFHm_
VWVWQ9L†lKlKLNLNTWMUMUZEZEXoQ9MUMUZ/JJMUMUZDI[I[T TkQ9TFXQ9XcXoi`Q9OhY[Q9Z/\hMULNHmZDHm_COoQ^LhX`\Na[ng\hXNLN\NHbXNLh\zajHJZEOoLNYKLN\†a[Mp\RXhLNHJXNYj\ HbQ9\NLNLHmYjQ^XNQ9XcHbLOhLcY TFQ9HJMUY[ICI[VFHJl`ZDXoQ9HJQ„LN\ n HLhV¦I[V^HJv‰QFL6OhdRLNY[YKVWMUH¾XhHJf’‚WOhH%Y`Q9Q^XoijONXcHJYKQFLNMpOoLhLhLNHJHmHJXzOoXhLhMU\o\Na[OJLNXNQ9MPHJSPOoQ9\ \/iKMUV9I[MpSUv \hMUL6LNngHmQFˆ«¬\hQ^_†n+I`\hV9_LNv3HJMU_gZ/I/MUXN\m\NHm s VWOšZ//LNSUnn H
\NMU\ HbI[LN\NV†HWŠ`ˆyIjXhHJ_Ea[Xh\oa[Q9i[SUHJMU\ SUMUL6v}n VWX V9TWv HbI[I[HJHJL6XcdRQ^LNVWMUXhI[fTQ^I[XcHbOhL6Y[deMULNVFHmXNOšfgLN\za[Xhd HJY[\msMPOh|6Y{IAd VWMULNSpSjYKHJijXkHkdRa[VW\NHšXcv_‹a[\mSxˆxv}LhVWY[XzHE_gTFHoV+ŠjQ9I[SyMUI[V^TEv~Q9LhY[XoONMU\kYKMpXNLhHJHm\hOoHmLhQ9a[XoXNOhHJY \
vI[VFHJXaK\NXcVFQ9ZES%\hHRLNTWXNajHJI[OoLNHba[XcQ9XhHJSx\{OoSPvQ9VF\hX\eV^\NZ{v]lKQ9XNSUVWSUHJiKX’SpHblKZEXNVW\miKs^|6SpHbIZEl`\Q9XhLNLNYjMPOoQ9a[LDSPQ9OšX„VWˆ9a[LNSPYK_CMp\ XNHJdeaKVF\Na[HmSP_)_’Q9Q^\{SpSUV9Q9d-\E_giKHJa[‚WMUHbSr_‹SpVFMpIKl`T1HbXN\Ri[SULNV[V’Ohfg_g\HšŠ`vI[VFH X
\NVFSUþ‚+MUI[I[HzT†V^SPv3Q9XhLNTWY[HJHX Hml[Q9XhXhVWSpMUi[HJSU\hHJLeZ/Hš›]\msVFXNLN\ LhVkSUVgVWfQ9LI[HbL6deVFXNfTWXhV9d LNYd Q9\ign 2k…šVWSU\NI[Hb\N\RHJL~Q^S6spˆ‹cžmŸF÷W÷F¡
d OoVFY[a[MPSPOh_%Y¦i`_‹H HoŠ`_gI[HJXhHmMU_‚WHmQ _xXNˆ9HmQ^OšI`a[_%XN\hLNMpYK‚FH HJI¦H @FQ a`v6Q9Q9LhZEMUVWMUIqSUn vV9VWv[XydRQzHJZ{MUTWQ9YgLhLNXNH„M—_% vI[XNHJVFa[Z XoQ9d SgI[Y[HJMPOhLhY¦\ms9Q Œ v¬YKQ^HeZE\hMUHmSUQ9neXoV^ONv`Y†MUI+\NljLhHJQWTWOoHbHRXMU\ƒZD_gQ^HoLNŠjXNI[MPOoHmHb_ \
V9TW‚WHbI[HbXHJLNLNMPY[OkHQ^\NSUHJTWL VWXhV^MUv]LNY[H Z™@WajQ9LNVLNMUVF\hHmIEQ9OoXoVgOhY H DLNY[OoMUMUHJ\ Ig\hLNl`\„QW1s Oo2kHFs…oVFSU\NI[HJ\h\eaK\NHJ\R\NMUZa[SPQ9LhHm_†Q9I[I[H„Q9SUMUI[T%MpIK\NLNH„QW_V^v3LNY[H


HJSUHJ4Z/MpHJLoIgQ9HmI[L QWV-OhV9YEveoLhžmOhY[Y`ŸFHkŸQ9WXoZDQW¡qOoQ^a[LhLNHJ\hXhXRHJMË \ V9vxQ9Q>LNXhY[H’TWHXcOhQ^Y`ZDZEQ9Q9XoZ{LhQWXNOoQ9M—Lh XkHJXNLh\kVAMUI TWMpHJ\yQ†I[XhHbHJŠjXcl[I[Q9SPLhMUQWLNHOoH’H„Q_Q^Spv6iglKQ9n’Y`ZEQ9Q%ijMUSU  HJn LmksKV^ |6v˜I ZDZ{VWQ^Q9XoLNLh_gXNXNHJM—MP3X%OoHJsJLN\Œ V{YKV^_gv˜MpHJ\R‚F\hOoMUHJVWJSUHI[VWl IK  HmgZ{OosLNQ9MUŒ ‚gLNMUXhY[L6M—nH

ZvDHJH„Q^_LNXhv}FMËVW XNd _gHJQ9\oXoOo_/XNMUI[ijHJHJa[\’XoLhQ9Y[S3HIKHJQ9L6XcdeOhY[VFMUXNLhfxHmˆgOoLNVWaKIKXNSpHn/V9LNvzY[H%Qa[IKlKHJl`a[HJXcXQ^SXNMUI[TWHJYgL„LRsxLNŒyXhVMrQ^I[l[TWXNV[SUH%_gajV9vyOoHELNY[Q9H%IAZ{QWOoQ9n[LNXhOoM—SUEMPOqMp\RTWXca[Q^\hl[HmY{_xs vVFX‰Q








i[OoVFMUVWZE2{SUVFl[VWTWa[XhMPHLhOJHmQ9XN_xS5Hms OšMU*IAHJIgoI`žmLNSUŸWQ9n+ŸFLhˆ a[ø[4XNù´÷[HWMUs5ž„Lc¡JQ9|6s IAIK-RVDLNHbYKYjSpSxMpQ9\kZ/\kQ^HJl[l[ZXhl[HJXNi[\NVgHbXoQWI+Q9OhI[LhY3HmHJ_-ˆ3\RQ9(cQ/Q«XNH%‹\NMUVFQ9ZEI[SU\N\%l[V†SUTWH†ZEXhV9ZEV[d•_gV[Hb_gd SpHJH„Y[Sy_†MUV^SULNHEv~Y`OoI[Q^HJLzHbSUa[SQ9XNXNZ/VFHkTWHJOJHJLcQ^I[Q^l`Hbi`\NQ9VFMUiK\SpMUSp\hHLNZ Y`V9Q^vQ9L%ONXNYKMpH\qHJijZEZEHJMPMUVWOJI[XhQ^T H S


LNHJXoZ/Q9I[HJXN\hTFl`HJVFIgXNL L-l[Q9XNI`VF_ul`HJXh_gLNM—MU›]HJa[\\hV9MUVWvƒI3LhY[s%MU\ Œ L6Y[ngMU\>l`HkdeV^VFvƒXNf™\hn+\hQ9LNl[HJZ>ljHms Q9Xh\ALNV ijHCvV[Ooa[\NH„_™VWIua[I`_gHJXh\NLoQ9I`_gMUI[TuLNY[H
OXNJH„Q^QWSpG%SU_gHmXN\k_{ajLhQ9±oY[a°JH² ²Ëo¹gOožm²pV[ŸW©^_gŸFµzHE W°J¡x¨`Q9_gL%±oMU£„XhQD·9Hm§POo_‹¨‹LNMËSU³«›xn’sgHJœ_‹XhHJHJQW‚WIgOhYEHJLkSUVFl`Ool[HbVFSp\\NSKMUQzY`LNMUQ9OoVF\eHJI3SUQ%SUs1a[;_gSPQ9aKHJXyljl[_gSUHJMrI`HJOb‚F_gQ9HJLNMUSUI[H VWT{l[OoVFZ/VFl+I1HJn†Igd V9LxvxY`ZELNQ^YKV[Lz H _gMU\%HJ(NS^TWXNvHbHmVWI[QFX5HJ_xTWLNˆ3XNMPO V9Q/d OoOoV[MUHJI[_gSUTSeHFs OJI[*kQ^HJœIa[XoQF_gQ9OhMUSgYE‚gI[MPOo_gHJHJLhHWSU\ S ˆ
OhY`Q9IKTWH>MpIgLhHJXNI`Q^S%l`Q9XoQ9ZEHbLNHJXh\mˆzQ^I`_CŠ`I`Q^SUSpn-ijHmOoVFZEH1QCI[HJaKXNVWI5s tzXhTWa`Q^i[SUn+ˆ LNY[H>XNHJ\ha[SULNMUI[T
Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJn u‘gVWI[\ ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„  JžJžmŸFŸWøW¡
 
.  

   .  

SPXNQ9HbI[l[TFXNHJa`\hQ9HJTFIgH1LcQ^OJLNQ^MUVWI I[\„_gˆkHb\cQ9OoI`Xh_MpijHALNYKI[HAHJL6XNdRHJl[VWXhXhHJfg\N\ HbI+MULoIüQ9LhQAMpVFI#Z/VWOJXNQ^HI HJSUi`HJHAT+Q^XhI+HmL QW_‹Q^MpI`SUn-_€XNOoH„VFOoZEVWZl`i[QFOoMUI[LEH„d _€Q„ign-n€LNY`LhY[Q^HAIüTWZ{HJIKQ9HJLNXhLNM—MPO
Q9OoHJSUTFSUSUVWa[XNSPMUQ9LhX%Y[Z1HJIjsgOoG%V[_gXNajMUI[Q9TWa{\’a[Q^\NI`H„_>_1Y`Q†Q^TF\kHJ\NI[Y[HJV9LhMrdRO†HmQ9_>SUTFLhVWY`XNQ9MUL%LhY[I[ZŽHJaKLNXcVQ9SRXhHmI[OoHJVFL6ZdRi[VWXhMUI[fgH%\%TWvVWXcXqQ^ZELNY[Z{HQ9l`XQ^LhXNXNMUHJL6HJn \ql[XNXhHJVWl[i[XhSUHJHJ\NZHbI+LhQ9MUI`I[_T
\NOongVFZ/I+LhZEXNVFHJSp\RLhXNv}n;VWXzlKQXNVWõ†iKSpSUHbHJZTWTFHmOo_{VFa[XhSPVW_€ijVWijLzH>Q9IjvVW_EaKI`“_xY[s.MU2{LNSUHJVWngXhˆ[H1G%XhXNHma`OoQ^HJIga LhSpQ9n•I`_{G˜ûyXNa`nFQ^HmQ9a LhL%cž„cŸWžmŸWŸFøFŸW¡/øF¡RY`HJQ9‚W\ VFSpQ9‚FSUH%\hV;XNHmHJOo‚FaKVWXNSUXN‚WHbHmI+_ L
I[HJaKXNV[OoVWIgLhXNVWSUSUHJXh\ vVFX i`Q9SPQ9IjOoMUI[TEžkQ9Ij_D qljVWSUHJ\ d MULNY[VFa[L ‚WHbSpV[OoMUL6nMUI[l[aKL MpI‹vVWXhZDQ9LhMUVWI3s
  ,%, ¼ [¼  ~° 4„§°Jº)£6®¢e°b²P²Ë¹g²U©9
 µ k° 49°b²p£ j¤¦°b¨gª6¼
œQ9SUQF\hVAONY>Y`OoQ9HJ\ESUSQ>OJQ9ljXhVWXNMUMUHJIg\‰LNHJQ/XOod VWlgYKn/MrOhY€V9vljLNVWY[MUH†IgLNTW\HbI[LhHJV;LNMPQ>OkOšI[V‹V[_‹_gHkH{MUMUI I+LhLNVAY[H˜LNY[vVWHXhZ TWXcQ^V^ZEv Q†Z{TFQ9XcX%Q^LNZEXhHJZDHWs Q^XœLNQWXhOhHJY€HWsxIKœV‹QF_‹ONHDY>MUOo\EHJSUQ S
l[LNVXhVWMUTWI[XolKQ9a[Z–L~OšMUI[HJSU\NSpLh\%XNa`Q9I`OoLh_èMUVWVWI3a[sLh;zl[a[HbLz‚WHJOoSUHbVWSplKSU\„ZEs HJIgLR\NLcQ^XNLh\zd MULNY Q†\NMUI[TFSUH¦©9¨j±c°š­oª×£^µ¦±o°b²P²Fd MpLhY OoVWI[IKHmOoLNMUVFI[\
LNMUI[YKY[H%|6I HJŠ`XhMUQXNLN\h\’L‰"]Q^°OhJSpY[Sy¹[MUSPV^°b_¨gv~ª¬MULh§}I[Y[©9Y[H²`Hb_‹XNVWMpMUa[‚gLN\%LhMP_gl[Q9HWa[SUˆjSxLk_gV9OoHJvyVFI[I[LNVFY[I[LNHkHmHmOo_¾MULhI[MUi+lKVWn a[I[Lz\kROoV^ˆjVWv~LNIKY[LhI[Y[HqHmHOol`Lhl`Q9MpVFXhQ^HJI[XNIgHJ\zIgL‰V^L Oovƒ<5HJLhLNSUS5Y[YKHkHk\Nl[l`Š`SUMUQ^XhLN\NXN\LHJIgMpIgOhL‰Y[LhVQ^MUSrI`_¾L6_/deMp\†VELNY[Q9OoHqSUHb\NSp\NV{SUHm\OoOo\NVFVWa`I`I[Oh_ IKY HmOhOoLhY[Y`LNMUH„Q9SP__ L


igLNYKnDHzQ†\NH„\hOoMpIKVWI`TWSU_/H‰OhOoY[VFMUI[Sr_†I[HmMUOš\LNlKMUVWSrQFI OoHmLhV_èLNa[Y[I`Hq_gHJ\NHmXROoLNVFYKI`H _ Š`OhXhY[\NL MUSP_xONYKsgMp|6SPI _xs^‡5tzMpTFIa[>XNHIKžFV‹žW_‹s´¿[HzˆgMU\e_ga[Q9XhSU\hMpIKV˜TEQ˜Qi[Xc‘gQ^H I`@FOha[YEHJIgljLNVWMPQ^MUIgSƒLm_gˆ9MUd ‚gMPMULN_gY H


LNOhYKY[HkMUSP_LNVFZEl¾V9Oh‚gY[MUMUI[SP_ETkMUOšLhHJ\eSUS3ljZEVWMUV9Ig‚gLNMUHJI[XT%LNV†MULN\ LNY[ljHqVWMUXNIgMUTWLNHJYgXLRLNi[V†XcQ^LNI`Y[OhHqY SpHšI[vV[L _gi[H%XcQ^i`I`HbOhSpV9Y{d I[V[R_gs HkijHJSUV9d -Q9I`_/LNYKHki`VFLNLhVWZ
Q9_gSUMUS5‚g|6I MPV9_gveH Q LhLNY[/~Y[H’©9H%µoMUL6I[©9dRlK²P²UV’a[°J²[LkOh_gY[Q9MUMUI`‚gSP__{MP_gOoHWVFHJˆ[a[SUSU_gLN\~lKHbQ^I[a[XNVWLkHzLhOoHmlKVW_ SrI[QFigIKOon HmHzOo\hLNMP\q_gˆgH%V9LNveY[i+HqLhn†Y[l`\NH’MPQ9_gljXhHFHJQ9IgsgXNL‰
tHbI+OoL„)HJsxSUSy|6I[I1\NV[lK_g‡5SpHMUMULhTW\ MUa[\~MpXhIgQ^HDLhSp\hVžFV’žWL6Q%des´¿[VEi[ˆjXo_gOoQ9a[HbI`SpXhSUOhMp\Y{IKLNTDljY`VWQEQ^MUL IgûyMpLmQ^IKˆ9XcY[d Q9HJSUMUXNSULNHJMUY L S
LNXNYKMUTFHY+LRSpHšY`vL%Q^I`Y`_{Q9I`ON_AYKMpSPOh_/Y[MUZESP_>V9Oo‚gHJMUSUI[ST%ZEMULNV9\ ‚gljMUI[VWTMUIgMULNLNHJ\%X ljLhVWVMUIgLNY[LNHJH%XqXhMpLNTFV{YgLNLeY[i[HXoQ9SUHoI`v}OhL‰Y iKIKXcQ9V‹Ij_‹ONH‰YAijIKHJSUV‹V9_‹d Hi`HJs SUV9d  Q^I`_>LNY[H
\NngZŒ Œ Y[Y[ijHHzVWS6I[lKsFHšXNt•‹VWTFL5OoXc\NHJQ^ngSUZSxZLN6ijHJ\NXhVWngZES9ZHJMUi`I`I`VFOšQ^VWSLNa[HJ\zIgLN_gMUHbI`HbXNOo‚WHmXNHJ_†HbSUZEVWMUIklKHJZEIg‡5LNMpHJ\ TFIga[L LhXNY[Q„HHzvžWLhLhHJžWY[X s´XN¿RHbXNMUHm\N\xY[QFLNVF_gYKSrMU_/I[ H T V^v3LNˆbYKLNd HY[Y[H% uMPOhY[YkMP\h_[n+MU_g\xZHbLNijIEY[VWHka[S6°JsI[¨jMUL„·ysWVWŒ X5Y[LNH%HJXhl[ZEXhVWMUI`TFQ^XcLNQ9MUZ VWI 
\NkngžWZsFij|6IEVWSyLhY[_gHJMU\eI[VFHo`LNHmQ^_ ZEl[(  SU*EH LN\NYKHbHzLN\†SUMULNI[Y[f’H†XhdeHJTWHbMUMp\hTFLNYgHJL‰X V^Y`v~Q^\eLhY[IKHVWLRMUI[i`l[HJa[HbL%IDSUXhMUI[HJ\Nf{HbL‰l`VFQ9IjMUI+_LhHm\N_V†i+Y`nQ^\eLNMUY[LNH\ VWSUMUXNI[MUTFf{MpIjXNHJQ9TFSxMU_g\NLNHoHbv¬Q^Xka[LNSUV L
\NHbLN‡5LNMUMpI[TFTa[XN\hHAa`OhžFY žWs´LN¿ YjQ9\hY[L V9MUd Le\DljVWQ^MUI-IgLN\ Ho`LhQ9VZELNY[lKH%SpH/SUHoV9vv’LhZEQAVF\h\NMUL ZEv¬Q9l[I SUH6MUIDTWXoOoQ9VFZ/I[ZDI[HmQ9OšXqLNMUVWLNXNI3Hbs H1LhY`Q9LTFHJI[HJXoQ9LNHb\¾Q zþ%ý

I[HJL6|6dRIAVWVWXhXofg_g\mHJs XLNV>XNHba[\NH \ha[ixOoVWZ/l`VFI[HJIgLN\†V9vzLhY[H{I[HJa[XoQ9S I[HJL6dRVWXhfxˆOoHJSUSUa[SPQ9XkHJIjOoV[_gMUI[T1aK\NHJ\EQ


\NOoljVFI+HmOoLhMPXNQ^VFS Sp\RXNHmLNYKOoaKH‰XNIgXNHba[I+ZL/ijl[HJXNXVFV^TWvƒXoQ9XhHmZ Oo6a[\NXhng\NZMU‚WijHVW…oa[SyZ/_gHJl[I[\VFLhLNY`Hm_ Q9L  OJQ9s5I/tzi`\hH%\NV[Z{OoMPQWQ9_gLhHmHW_Cs^“€d Y[MULNHJY I ™MpMU\\RHJQ I`OoOoVFVFa[a[IgIgLNLNHJHJXXhHmLh_{Y`igQ9In
QQ9\hOo\NHJV[SUOoS6MPˆ[Q9LhLhY[HmHk_kOoOoHJVFSUa[SyIgZELNHJV9X‚F_gHJH„\eOoMUXNLhHJ\ Z/XNHmHJQFIg_gLN\yMUI[HmTQFONY[YqHmQFLNMU_EZEijHyQWLNOhYKf{HLNXNVHmOšLNa[YKXNHk\hMp‚FXNVgH]VW…šLza[ZEOšHJlSUS3MpV9\5vZDLhQFY[_gHkHWTWsoXo“€Q9Z/Y[HbZEIkQ9LNXY[LhHRXNHJOoVWHWa[sjIgŒ LhY[HJHX
HLNXh@FHJa`HWQ^ˆySp\VFXk†TWLNMUY[‚WHHb\kOoHJa[SUlAS_gMULNVg\kHJ\XhHmI[QWVW_‹LMpIKXNT HJ\hHJY[LkHmQFMUL _Al`Q9VFI`MU_>I+LhHJLhHJXmXNˆjZ/i[aKMpIjLzQ9XcLNQ^HbLN\’Y[_gHbXzHJ‚FZEHJSUV9VW‚Fl[HJZ/\RHJvIgVFXNLmd sxG%Q9XcXN_/ajQ9MUI a;LhQ9Y[IjHk_>TW“€XoQ9Z/Y[MUZDLNSUHJQ9n X
LNTWcV{ž„XoŸWQ9OoZ/ŸFV9¿W‚WZD¡%HbX‰Q9l[XXhQ9V9SULN‚gS5XhMrHJl`_‹H Q9HEXhMUMpI;Q9L6IAn/‡5l[HoMpTF`XNVFa[Q9i[XNZ/HASUHJl[ZEžFSUHžW\ s´V9¿[igvzs3n/þY[l[V9I-SPd™QWl`OoMULhQ^I[Y[XNTEHEMUL6n;Q^\hIVWQ9SUa[I`LN_ MUVF\h\Nn+IAngZZELNV ijZ/VWLhSxHJY[LNMUH I{Xhn zLNYKl[þ%HkXhý™VWSUi[HovSUI[LNHJHbZ/Z/LEVW\mOJ\hˆyQ9L Q„IASpvH„LhijHJQ„XHEvI[LNTFY[V[HJH/I[_gHkHJTWXoV^HJQ9IKveSUMUHJJLNLNHmY[MP_ HO
SUXNQ9V9HbSUdeTFSrQ^VWHbLNXNXeMUMUVWLhVFI{Y[XcZ_gQ9HJI`XzY`_{Q9ObQ^Q9\%a[\NTFHbLNHJ\kVFI[ZD¬HJ¿†XoQ9Q9LhLhLNV¦MPOJH„Q9_;õqSUSUMUQènkI[l[TWv¬Q9a[HbZ/I[Lh\cHJMU¡bXcSpˆ[n/Q^LNSUMpYKV9bveH‰HJ\zXhXhHmHmLhOoOoV’a[a[XhY`Xh\N\NQ^MUMU‚WI`‚WHbHq_gSpSUn;I[HkHJ_‹Q9L6XhHJdRi[‚WVWMUHJLNXNSUXcf/VFQ^l`XNHJHmMUI`SU_>nOoV[IKSP_gQ9HJMUXNL6I[TFdeT†H%VFXNXNl[HbfgXNl[\kVFXNi[LhHJSUY`\hHJHJQ9ZEIgL%LN\„\’Y`s Q^QqI`TW_gHbSUHI[HJLNXcY[Q^H S
Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJn u‘gVWI[\ ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„  JžJžmŸFŸWøW¡
  


$  $

   $
  ! $
! $ ! $
! 
  !
0   0 ! 0
/ /
/
   
  
   $   " $   #
 
$ $ $

! $ ! $ ! $

! 0 ! 0 ! 0
/ / /

$  &%'(
') $  &1 $  32
$ $

! $ ! $ " #

! ! 0
0
/ / "

$  &4 $  +*,' ".- ' ""

 
 5
47+<=:?@, & "60 #?!50:) 1<+"%! =%  2) %1%6<1%7+&()+=%1%!5"4=:?@Y0! 


& %
 7 ,+) 1 &.   #0 ) 1%!G =:?@  )f%1% 1%7+6,+0:"%!#%1;=?@ "%!5 1%706+"% #!#,+

 

%1%f0!  & &("-&.@-9 #+ 1


47+61$ !=?@;1%7& 1<& "%6="% & 1% !#1%7f"% &( 1%:"% )& 1!#)

 

%A  !(<) %1%+ &()+ 98 ) %1% 1%70%


7 ,+) 1 &.9  #+ <
: :=,01%:  )*%1%: &



& "-&.@?   #0 >


 : :=,01%:  2)*%1% 1%70<; .=%A  !  7&( ) >: =,+1%B&()+B&

   

)0:8 &(1 5$?857 14) 1%"%! +,0=: :)+8) 1%! 1%706!5,01%+,01;)0! +  2)*%1% 1%70  &(=-3

 

=:?@ 7&(;=?7&()+8#*1%;1%70"%:%70!   2)*1%7+@ ?)&.9%1%+


 A1%7+6"% &))+8*=:?@C B%,+%1>"% &(
1%:"% )& 1!#)V%A  !  ED
47 + ?85,0"%6<1-& 3#) "%!# "%,&(,B& )0  71:FA AE F G 


Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJnu‘gVWI[\ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„ JžJžmŸFŸWøW¡


 
.  

   .  
F

ZDHoQ^tzŠ`MUIDI[I[MUVFLhLhLNXNMpY[VFHJHbHEI’X’SUObMUd Q9fWIH Q„n1…oLhY`a[LhZEQ9V1L l{Xha[HJ\NLha[HmVD\h_èH¾Q/MUIE_‹\Na[HJG%‚WiKHJHJLNSUI[XNVFHbHJl[HWLhZEˆ3MPOzHšHJ‹ûyIgH„XhL’OoVWa[OšTWV‹LNXoH/_‹Q9Z/HDLNY[ZEMUH†\†MU\NLNI[aKV>T`i[sJa[LN‘‹Xh\Na[HJH{i[HWQ{ˆ5LNXhLNHJv}Y[VWHJHJ\zXNI>ZQ^XNXNH‰HbV^LNvzOša[XNtzXhHmIAQ^a[LNLhLNHmVWV{_xZDˆgLNQ^Y[\hLNa`HMPOhOQ9YE\h‡K\NLha[V[Y`I`OoQ9MPOoLRQ9LhLhLNMpVFHmY[_I H


;
l[\NaKXhi[VWTWXNVFXoQ9a[Z LNMUI[¬\hHJn+\„Zs[G%ijXNVWajSQ9MUa†I Y`LNQ9Y[\H-aK\NZDHm_èQ^MUtzI€a[TWLhXoVWQ9ZDZEQ^Z{LNMPQ9ORX/‡[a[LNXNIjHbOoHWLNs’MUVW‘gI aK;i[LNHoXhŠ`HJI[HJ\AMULhMpLNVFYgIa[LN\V%vHJa[‚FIjVWOoSU‚WLNMUHzVWIuQ%Z/SUMpfFHmOhHAY`Q9l[IKXNVFMp\hTWZ XoQ9LNZ V
MUOoIEVFI+\hLhMpZ/XNVFl[SxSULNHJY[XmHˆgZ/T+Q9VWMULXhH V^ZEvwQkV[_gõ a[¬SUSPHJQ9TFXRTWQ9HmI`_è_/XNVFdRi`HJVFSULmSxsF\NŒ LNXhY[a`H%OoLha[a[\NXNHHm_V9vƒI[tHJaKa[XcLNQ9VFS5ZDI[Q^HJLNL6MPdROeVW‡KXha[f1I`6OšG%LNMUXNVWajIEQ9;za1Hšž„Š`ŸWI[ŸFMUøWLN¡JMUVWs IXhHJ\NaKSpLh\
 23254   
 8
 
!"#$  &%&(')

Œ HJ‚FY[VWHJSUXha[H{LNMUVFY`I”Q9\Hbij‚WHJHJI)HJI€M—v˜OoVFSUHmI[Q^\NXNMP_gI[HJH„Xo_-Q9i[i`SUHbH{Y`MUQ„Ig‚gLNMpHJVFXhXNHJ\{\NL/Q9XNXNHHmOoI[HbI+VWLhL{SUn;OoV[MU_gI;Hm_LhY[H{i`QWMrOh_‹f-HmQ VWI€LhY`Q9LhY[L†H1SUHmOhQ9Y[XhXhI[VWMUZEI[TAVF\NOJVFQ9ZEI-HWMUˆZEQ^l`\EQFMUOoI L
3Q^ZDQ^XcOhfgMrQ^IHJ‚WVFSUa[LNMUVWI5sWŒ Y[HqdeVFXNfEV^v  MpIgLhVWIDQ^I`_E6 V9d SPQ9Icž„ŸW÷%F¡RHo[l[SPQ9MUI[\RY[V9d)SpH„Q9XNIKMpIKT
LN\NOJYKMUQ^TFHJI”I[MUX M—XhŠ]HJTWOJ\NHJQ9YjI[IgQ9HbLljLNMPH MpOJZ/Q9LNSUl`Y[SUnQWH/Oš_gLeŠ`HJLhVFLNI[I{HbHJXN\hZEŠ`\DLNMUIKI[SPQ^HJH„\NI`_E\k_gij\cQ9ObHJIjQ9Y`_{ljQ„HW‚gM—vwˆyMUVWLh\NX Y[MUI`HQ9OoIjOoH>_VWIgQ9SUI;LNHmXhQ9MUMUXhi[I`I[a[_‹HmLN_/MpMU‚gVFMPijI _gHJa`Y`V9Q^vQ„CS ‚gLNB \˜YKMUVWH’Š`XmLNsFSUI[Hm|}Q^vƒHb\NXNSU\EI[HmQ^HmMU_¾XN\I[i`H„Z{_EHJQWYjij_gQ„HJH‚+Y`MUa[VFQ„Xzl-‚gMUMUVW\zV^XRv‰\hY`LcijQ9Q^VWiK\~LNSpYQH
V9ZD‚WQ^HbfWXzHJLN\/MUZ/MULEHWˆgHmLNQ^Y[\NMUHbHJXNX HLhOJV Q9I QFijO @FHa[Q†MUXNH>\NHJSULNHmY[OoMULh\{MU‚WSUHHmQ9QWXh_gI[‚WHmQ^_)I+LoijQ9HJTFY`H‰Q„Lh‚gVEMUVWY`X„Q„ˆ~‚gQ^MUI`I[_TEQ†HJ‚WTFHJHJIgI[LhHJa`LhQ9MrOqSUSUn+l[ˆRXhHmlj_gHJMUXN\NYjljQ9VWl[\h\ MpLhMUHbVW‚WI HJI)LhY`LNQ9V L
QWOJQ^_KI1_EV[LhY[OJOoH%aKi`X‰Hbd Y`Q„MULh‚gY[MpVFVWX a[L LNV†3LNQ^Y[ZDHqQ9MpXoIjOh_gf+MUMP‚+Q^MPIE_gajZEQ9H„SCONB \ƒYjTFQ9HJI[I[MU\NHJZ/LhMPOJ\mQ9ˆgSU\hSUMpnDIjOo_gH’HbLNLhHJY[XhHJZEXhHMUI[MpHm\_/\NHJijSUHJHmY`OšLNQ„MU‚gVWMUI>VWXNl[\„XNs Hb6 \N\NVF\hLNa[H%XNHèLNY`vQ^VWL XLNLNY[Y[MUH\
SULNHmVQ9Xh/RI[Q9HmSP_è_gd i`MUHJIYjQ„c‚+žmMU÷FVFŸWXõFd ¡eY[Q^I`MPOh_/YDY[OJHJQ^I`IEOoijHqHzMp\ Ho[fgl[I[SUV9VWd MULhI{Hm_Q9\ ignLhY[;‰HGQ^/RXNd Q9SPMU_gI[d MPQ9MUI†ID\Nœ5Hb›xSpH„HmOoOoLNL„MUVWs I5sgŒ Y[MU\MP_gHmQ†_[Q9LhHJ\eijQWOhf
I[\NH„HJQ9L6‘gXcdRa`OhVWY>OhY†XhfgLNMpV{\‰IgLhaK\NHJlj\NXcMUHJQFI[HmOoTE_LNMUTFVWa[HJIKl>I[\ƒHJLNMULhIkY[MPO’H†SUHmQ^\NQ^H„SpXNTFQ9I[VWXcMUOhXhI[Y>MpLhT%Y[l[Q9ZEXNI`V[\„_qOosgHbHJtz\N‚F\kSUVW\NSUY`Vja[Q^ˆ[LN\kMULhVFY[Q9IkH’SU\NY`MPV_gQ„‚WH„ijQH HJHJi`V9IAHJvRHbHoa[I[\Nl[MUVWI[i[SUVFT/\hXNHJSpHmXNH„_x‚FQ9sxHmXN_†IK‘gMpVFd IKZETY[H%HJVWI†XNI HbLN\NXoLhHmVWQ9Q^MUl>I[XcOhMUV9I[Y[vTzHJTWXhIK\’HJHJIKLha[HJY`XcLNQ9Q^MPOL S
Hot‰[Ohl[fgSUSUVWHJXhnDHAQ^LNI`Y[_ HAxMUMUIgLNLNLhHbZDXcQWQ^OšI{LNMUcVWžmI ŸFŸ[V^ž„v¦¡JˆgSUHmG%Q^XNXNa`I[Q^MUI[a T€Q9I`Q9Ij_/_)“€HJY[‚WMUVFLhSpSpaKHbn{LNMUVWcI)žmŸFMUŸ[Iüž„¡eI[Q^HbI`a[E_ XNVF/TWHJHJI[SUHJHbduLNMPOAcž„\hŸWn+÷F\hŸWLN¡JHJsZ/\ MUI`OoSUa`_gH
+* 23254 B = 8-'B @ w7F= )8 
Œ I[HJY[aKHkXcQ9OhSgY`I[Q9HbSUSUL6HJdeI[VFTFXNH fgv¬\yQFMpOo\5MUI[LNVT†\NXNY[HJ\hV9HmdAQ9XoY[ONV9YKd>HJXNTW\%HbMUI[IgHJLNLNHJMPXhORHJ\NQ9LhSUHmTW_{VFXNMUMUIDLNYKOoZEVFZ\xOJi[Q9MUIkI`Q9Z{LhMUQ9VWfFI[Hw\yQ V9vyl`VFTW\NHJMUIKLNHJMU‚FLNMPHwO%Q^Q9I`SU_kTWVFOoXNVFMUZELNYKljZEHJLN\MULhQ9MpI`‚F_ H
OoQ9VFSUTFI+VWLhXNXNMUMULhi[Y[a[ZELhMU\kVWIALhV>MUI;Š`I`LhY[_-HEQ>I[Hb\Na[HbLDXcQ^V^S v‰I[MUHJI[L6MUdRLNMPVWQ^XNS fg\EdeHJQ^MUXNTFHJY+I`LhQK\s i`-RHšaKvVWXNXhXNH1HbI+Q9LhSUl[n+lKˆySpngMUL’MUI[Q^T>l[l`TWH„XoQ9QWXN_g\MUHJLhIgY`LQ9i`L†Q^a[\N\hHmMp_-IKT Z/TWHJHJLNIKYKHJV‹LN_‹MPO \
ZDV9vQ„TFn†HJI[ijHJH˜LhMrQFO˜_gZE‚WQ9HJIgLhLoY[Q9V[TW_gHb\ VWa[LN\V/vLNVWY[XRH’\NaK_‹l`HJ‚WHJHJXhSU‚gVFMpl[\hHmZE_{HJSUIgHmL Q^XNV^I[vƒMUI[I[THJaKOoXcSPQ9Q9Sy\h\NI[M—HbŠ]L6OJdeQ^VFLNMUXNVWfgI/\ l[vVFXNX VFi[XNSUHJHJMUZEIgv}\„VWsgXcOšŒ HJY[ZEHkHJQ9Igl[Ll[SpSUH„MPQ9OJXNQ^IKLNMpMUIKVWIT
TWV9Q9vlKHbI[l[Q9HJSUXhMrLNLNObMPM—OkQ9Š]LNOoQ^MUMPVFSUQ9TWI;SxVWSUXhQ9M—MUvSULNHW\NY[V1s Z/Q^\wl[Q^ljI`Hm_/Q9XhI[\HJLNa[V>XoQ9i`S5H I[HJQL6dRdeVWVFXNXNfgLN\zYgd Q^XNY[HkMUSUSUHEMUfWQ9HJXhSUHmn†Q¾LNVEvVWQ^XqSp\hvV¦a[LhOša[VWXNIgH{LNMUdRIga[VWH%XNfxLNs V-RMUZEVWZlji[QWMUOoI`LRQ^LNLNY[MUVWHIKŠ`\‰HbSrV^_ v
Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJn u‘gVWI[\ ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„  JžJžmŸFŸWøW¡
 


Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJnu‘gVWI[\ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„ JžJžmŸFŸWøW¡


‰
 

<)++"%%!#)        D  G  O  "&(!$"%#) D%&)0 8f A%1%! G  ) !#1% )"- Y1%& "%&(! =)+918#!#&(1%))+!5) 2AO)# 1$"%A1%::;()0'  %&()0!#"%+) ) ,  )0,08f:& )0>A AC )058 !(>,+1,0!#"-) &  4)12$
!# "% 3   
<=-3#AG &()+& 1%1% &()
+
 



)+*,*-*    . #0/01 23


45276!
89!
:
"; A5  


<)+8#-@)0<9' F= A +&(,+)0+"% 


+ &()+>' ! @ &(=-3?=F @  D ( G;)  #!(,+1!#)&("%A &8#!#"1%7+ 1%7&(1


=!5)0%1%"%,+=1%;"%=,+"%"%) 1<)+,+"-&. )+12$!#"%3   )+*-*,*BA  !9C2!   C2  ED


F  !$#D
G 9H 2 DG+I ( ( 


@ &0$)JF= 
+ D G )0$R2& =1%!#")  5!(,+1!#)  4K   !9LDM!9NF  !$#2 A FOI # 2 FA


@ ?1%7+:$*85 )0E:D1=V&G8#!#"7+1%7+) & !#1%)P7 F= )0 . # +=?,O7&.&ROQ f:" &()+D B   !#G+A ,A  & 1  !#S)+"%  &  "%=?!970I$  ;0! #  T)+ 8*          &(U"%) 89 )0 V8B 1% !




   

@ ?!$:# 8 $ 9 "A 45


*2 =>D+)+ "%5)0(:AY29G=FY &( 0)+&  )
=?7+&("-1%&(,+!0A5!  0W7 I
*E!5"%D8 &()(F 6X G7&  ,# !   #&()+)0) 8  412$!#"%3 I >)08B1%70 )0:1=


>8#!#"1%7+ $1%7 '!5)0)+=1!5)%1 ` & "%))+8   


:=?7+)=.&. !#"%1  F , (A '!5+,01%"



=?)+=F A   
@ [Z \ ]@ ) ,
*
)+1$ !#"%3*=- &(% ?"%  ,
* _
* A  9
! C
 3
2 ! 
   
 2  E
 
D

 ^F Z !$#DM G 9H 2 `


"@@  A "%! $4).  O& )0
& "%1)   D FG &(%1>8#:)01=%?=:1!#)V!   &(1%,+"%!5"<)+,0"-&
+ A D FGA5 (   F
= ' a'
7& )08   Ff&()+ +0 &()+)  6D G 4)+8 8#)+1= &.8#!5"1%70  1%! +"%! # &(1%1%"%)
bX 9c
!9 2("_
F  !$#K" 9 4K!9N  ed  2+23"98 ` K=
=? & % ?=.&(1! ) "!5"% &()+=  2)   ++ &()+) A F  
*! ! 0A & )0  
!5,0"%:1%%3 A D  0  GA
6& , &()+) 
D0   F  G  WI
0& )
& 1%9! A   
*!#"%8H&()
<&  5&()+8   7 1 A .FD G )+1= & "%%
b# 8 9 h(i' 42!9(D
F  !$#D
G 9H 2
! =?12A "%% 
Q   4Wf
"!9  2 ^g  V 
 '%1%"
 +,01%:
*!5" 
j=
.  7 1A & )0 F . =-7& O" D:0  GCD  '!5+,01%"
 "%7&("%1    &()+ 4!   )0  @D G&4:8#) )08 )0:,0"-&)012$!#"%3
 :   &()&(1!#) 2&(=?@@1:
,+)08R85)+1= &.8#!5"1%70   )+*-*,* "  !9  !$#Vk  " T         l
F  !$#^
G 9.H 2 D0 
 , F $I
 G  #)08H&(!5"% 1CD  
 "%7&("%1    D FG
>70;"%!(!( 85)+1=&8#!5"1%70<)f)0:,0"-& )+1$!5"%3 7 ,0"%A &(%  & "%))+8
E= RQ   4Kf h!9  C2 bg 

 b# 8 ' 9 hi4mZ 2,!9bDMn  F  !$#9DM
NbG 99c
H !92  2
& )0> :  & )& 1!#)*2& =?@@1 )
 71Af& )0 F  =?7& O:" D+  G 5 D !50,+1%" ! =-1A "%%  &(7  & ) H&()+ `   "%0 
D F G 
>7+0>& %= &(+ !#"%"%? & 1!#3 ) O &("%) )+8 <"%=-71%=:1%,0"% 9 ) 
!5,0"%:1 3 A D   GA
.

"EoDM
ZF  !$# )  9 4W!9   
2T2"m85/01
2p
45@ 27 (X
A
*!#"%8H&() 6& , &()+) 
"%,&(, 6D G :)01= %A ) 1%7+ !( ! !  &() )0,+"-&.b)012$!#"%3 R$1%7 & =-@ "%$>"1)08
+  #-!#+) 1-&. 0"%! =:% ) A
r = R Q   4Wf
"V!9N   Eg 

 b# 8 9'  "452K!9D
F  !$#qD
G 9H 2
 71A &()+ F  =?7& 
" AO+
 A CDD!#+,+1%" ! =?12A "%%
 A F
A .

pZ I
"%,&(, 9&()+E   71 A +D F G<+)+3
K@
>1$!5"%3   #! ,01!5)V& )0 1%7+ &.+$E
8 `.&("%) )08V1%! 1%7+ ?@, & G
)  O=:1 
" 4  5?!#+) 1 !(>,0"-&
sQ * c  #F  !  1t  4d FC^9!9!+d   N hc swx++I !9c
 9u  +I
G 
vZ
"%,&(, FD  G  <,+1%!# & 1= > ?) 1!#) ! 
*! 0,  &(" 4,+"-&. 412$!#"%3
 A

DF
A  D FG  

_' = a@
<& )0=:! =?3  F  D FG )0:1= &.8#!5"1%70 R&()+ "%,01-& 1!#) +"%!   &d=!5&("%!#) !(
"%=:!#   W
4
 )&(1!5) !5"-& 1%!#"%  !#"*)+,+"-&.%1%"%,+=1%,+"% %:=? ?=.&(1!#) .2)

f "VI !9N  C2 Jg  V 


b# 8 9 h(i' 42!9(D
F  !$#D
G 9H 2
! =?12A "%% 
j= Q
.  7 1A & )0 F . =-7& O" D:0  GCD  '!5+,01%"
<& "%  8  A 0&  &(G 
& )0 ,07&37   D G
!($'&("%+1%70;8#)+1=%A ) 1%70:<!(/)0:,0"-& )+1$!5"%3  
y= RQ
2) F  =?7& " D    GAA   "VN  !9  !$# +     
   t89

N !$# 8 9 hi42 D0   F  G 

jØ ÀƒÙ„Á¬ÚËÂ+ۍÜoÁ}ÃUÝ3ÄpÅyބß9Æyà[Ç È„á×ÉhݍÚËÊ6âoÄËÃUãWÌJäRÍRâoÎRåWÄËÙz‰æRÏÐß9ÂmçèÈoėÂ+Ú´å«ÁÛ}Á¬á6Ê6Ý ÄËÂmÈkњÂWÒkÓ]ÉcÍwԄՄÍÁ}ÊÖWÅ×ÄrÁ¬ÂWŬÁ êé ëšìJìmíRÞoÜoî9åzçÚ´ïËáhð ñ;ò„ÜoåWójô+Û}Ùgß


OoijVgVWf1ž„õWöF÷Wö[ž„ŸWŸFøžm¿Kù øF „úüûjtzGkœ>ûý þ%þ%‡ƒ‘èvVFX ÿWVFY[I{“€MUSpHbn•‘gVFI[\xLo_ ´…od ijV+VFfxs \hL6n‚[¿[s[ˆxž„ JžJžmŸWŸFøW¡
  

+&()
& 1%!9A  KI
*!#"%8 & )(X6&(,  & )0) 
<& "%  8A 0&  &(%
 & )0 ,07& 73D F G 485))+8R& 0 @= &(1! ) 2%=??= )+,+"-&. )012$!#"%3 
d',+) 1% !5)0 ) 8R2+231%"7+ 9 V8 85 & )0)0D0: 14 = 5! $& 8#2&(!5) "(1% G70  &=F 0 D0& ))
FG&(1% > !!  A5$T
 !5W ,0&("%I "%
*)1%%!5)03 "%A8 8 &(= D )( & )  X6 85G& A,, b+  9&(c
)+ !9#)  !  ,02 1!5"l)  V  F  4!$d0#^#"  9/0 1
4K2!9
45  2  A





I Ru F 

4! @ &()+E=FF D FG b9!+d !9  7"WDM!9NF  !$# !9[   "!$#3/01 23 42 <)+)<" !#"
A 4)  5!(
=?7 8 & )


X6X4&(' 1-)+&("%)+" %!5 & '  D) 1%1F DG7> FG8#) /$dV)0! 8  23)0,+"-i&.23'  )0"f
F12$+!#"%3B6,+
4 )098B 1 8#>)+&  1+=f"&.08585!#F"A 1%
7+ &(%$I
&1%7V
j8#"-' & "%07V% 85 )+"-&(1!5)



 

X4% 1-A5&(%!()+1%! ,+G1.!# )  &("%DA 4d0 &(#FG"%85 /02 %1


= 2&.
4=-2 7A &( I!#  Tu! + ?  !(" !$#)+%q ,0 "%!5A8#9I)+Ru  &()+ =?@  aQO"%) 1 & 1!#) & % !5) 

X<!#!5"%) ) #)+8Y"%A*' !5)03 8 D=-7+ "%!#G !5


%"-!#&.) )098
!(=?7+)+) ,+= "-&.&.  )012!#$"%!#1
"%A 3  !#A +,+1% &("0)+  =?!()+=85G)04 :1:=V& "%&1%8#!#") 1%1
7+A  6&($"%7 !5,+"%3# )0 8 A






X<!$>& n.&)+)0=F ,+ "- &(&."%93 &()+ )+ 1$ !#"%=3  2=F) a 'A  ) D    G 9  ")+V 1= 85  q)0: "-E&(1D!#
)BF  !(!$ #DM!5 1%7 G 91%70H 2+$; /0?+85!97 1%"6#&($ )+ B &("%=-7 1%=1%,+"% !#"



@@"  A
! +' & )0G>  085  D FG 4 85))+8 4:,0"-& 412$!#"%3 9,+)08 )+1= >8#!#"1%7+ A
2 ) A `  )        q  g 

 M# 8 9 "452 A.i =F =?7&RQO:"
AO  A
*!#"%8H&()(X6&(,  & )0) 

B%! %)0%:  A 7&("%. . &()+4"%1@  X73  D FG = &.@)+89A; & =?7 )0  & "%))+89A;& )0R85)0:1=
)+,+"-&.9)+1%  b9c
!9 2hxd9d0#"TW6!9
4K!9N 2 A  F
A   F

*!#) 1-& )& =F


 & )0 < & #%  D G+


"-&.) )08  !#"%$'&("% )0:,0"-& )0:1$!5"%3 V,0)+8 85)0:1=
&8#!#"1%7+  2 ) 
T+9h98$2  # c

 "  V!9N  C!$# k  "V +     
    !   "!$#


"VN#"# 8O
  D+   FG  +&()
& 1%!9A  KI
*!5"%8 & )X6&(,  & )0) 

,+ 7) ?) . D FGD  1-& 1!#)+!(  , 1  &.A5":"%=+1%"%!#)+ )+1$ !#"%3  O%1%+ 1%! $>& "%0 85)0:1=
)+,+"-&.9)+1$!5"%3  s  !  !$#"##q  4xd F"98 A I u  
  


,+ 7) ?)E. >  X4)0+"% & )0)S=F D G 4
7+<+A )&( =6!   5!(,+1!#)B& )0  &("%) )08u
! $>& "%0
85)0:1= )+,+"-&.9)+1$!5"%3   2 ) V '/-@"
A0\ =-70"%:1%"
A0Z V Z0!58#? & )  !#, @)  1%- D  0  GA
 

  V   !(@ & 2)04> G h Wd  2NdV Nhc  D0   , FG  <%1%:"%& EI  % #" =?:)0=v' , @%70:"%t@  7
D >!#"%1%7 C>
  



4!  ?  A1  &()p=F Y &()+J' &(" .E D FFG %0T!  V"98!9
c  #F  EhS
F  !$#q
G 9H 2 5 


' !#
["%1%.!=-
7+ +8)T9= &"9 6 8$ 2 & )0  !#"%Z01  !#F85)+?*, *-.A * a @ /0&L1$= 4! Dd @  & F2A hFCG 4 W>I  >,+"-)&. 5 FC )0"% 121$A 4 !#! "% 3 F9>21%&.q @=-@70!59) "%)7   ,+Gq& !9 & 1  0!5" &  ) T)' &  ##:8 8#&(! A 1 !5 )T !   #  89 1 D<0  




 ,:9G   &(%7 )+8#1%!#) A9  bICD  


&(+=?@aQO.i =FE D F Grg 

 V F  !$#,V G 9H 2  r6 ) 6 + 4d FN  2  4


 ! =1%!5"-&.> %%"%1-& 1!#) A


>) 5"%1A !    ) 0,+"%8#7 A9  ) 0,+"%8#7 A =!51 &()+ 
&(+=?@aQO .i =F D Gbg 

N 2
   + 4Kf
"!9  !9""2[!+d9d0# !9N    V F  !$#V G 9H   d  #  891

  

 d "4Ka:
!9N   
:=?7+)=.&. "%:!#"%1- ' 
5 FA 4)  #"%12A !('  ) +,+"%8#7 A  ) +,+"%8#7 A
=!#1 & )0 
  
  

!#85"%  D FFG7' "% =1)08 B   &(1%7+" 4)+8f& :)01=


*:!#"%AI &3!# )& 1!#)B!(,X6& )0:" #&  
 %1%" 0,+1%
*:!#"%A $1%7 4 ! @ &()+  )+1= 485!#"1%7+ 8 b9c
!9 2p" DM
F  !$#
 

& "%% 
)  39 4K!9   [.
R2T23"985 



,01%1%!5)  D FGG`  & "%))+8 1%!e' "% =1 A 1%7+


*1%70! +*! 8
!5"-&.'
% 3#0)0T)+!  " "798$H ;&()+OI 2@ #"%!#,+8#7 1%!5)y=F 7 D FG >,+"-&. >1$!5"%3  ) '!5+,01-& 1!#) &.aQO
"%& :1%)0=": &.
A 6 =?!  )+h=$ I





"-&))+8485!#"1%7+ 6  9#"#"98p!9Y/0"4KFO#!9  Ph 6 !9  "!$#a2/ "
 S!9 * m8Oh+  "98$;
9I    F 
=?7&RQO:"t=F . A  7 1AE.Y &()+E  %7+? &()' E D FG !5 )& 1!#) !( :)01= >8#!#"1%7+& )0
>,0"-& >1$!5"%3 I>
D =?7M&R QO:G "L9=FH  2+;  CA D>D&( "%,&()!#
&70+ ,+ %71%1-& /"1%&(* )+! ! 3=?6  1%127+%AF70BAE-&( "%1 &( )%   4K=FEf hD!9F  G 4r)+g 8 
8#
)+  1M=*# %8 .9&( "%"=-7V451%2v!*!9
: r!(DM1 
F 1%70!$ #


 "%8#) 1 7& #!#" !()+,+"-&.)+1$ !#"%3   2 ) x  Z0!#"%"%:%1 D    GA * 4K  89
 + 4d FN!9   D0 
# 5 FG 5 ;%1%"%&(EI 4!5"%1%7 4
 
  ! @ &()+ 

Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJnu‘gVWI[\ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„ JžJžmŸFŸWøW¡


-Z
     

B?@ &()+ 8a' D F G  #!( #)+8 =!5) 1%"%!(4 !#">,0)+%1-& %A %1%   ): 
!#,+"%1%%3 AFA =F    & ) A

.= B%)+! $4%3#    ') 1%!5) D  0  G [.
TT9"98$2     
W T  N  i234  9R#a2[2F4W4K 

 

2    # D+   D,  FGG 0 & 5)!(


 #&()+1%8 !A5)+,+W"-&.I 
*)+!5"%18 $ &()(!#"%X63 & =,!5 ) 1%&("%!()+@)  "%  !#"R,+)0%1-&  %A %1%  )+*-*,*
B?@ &()+ 7 '96


"VN  !9  !$# k  " +     


   LV F  !$#V
G 9.H 2 D0 C C  G % .&(1%1FA WI CD  



 @%!5)   D FG,' "%=+1%"%!#) "%+,:I  "%85)+=<!  %1%"%,+=1%,+"% F2) Z0!5"%"%%13D    GA * 4W  89

  


  4d FN!9   D+  ( 5 FG  ;%1%"%&(EI 4!5"%1%7 4! @ &()+ 


 7 1A%/ &()+3; &()+%!#)E
.E D G  +1 n?)+8V)+,0"-&>)+1$!5"%3 6,0)+8 2&(%1%"
AY!5"% &(==:,0"-& 1%


85)0:1=6% &("%=-7   )E=F  =-7&RQO" D    GA A   v"  !9  !$# T         K89

 !$# 8 9 hi42
D+    FG  +&()
& 1%!9A  KI
*!5"%8 & )X6&(,  & )0) 
 7 1A . A 1-&("%3 $ & 1%70:"
.H &()+@ !#8H&("%1   D FG )+1= 48#!5"1%70 >&()+ 4:,0"-& 412$!#"%3 I


 +1 n?)+8!#)+)0=:1!#)+&()+ !#)+)0:=1 #1A ,  !  !$#"##q  4d FNh98 :CI (  



 

 7 1AFA  A 4 !5 ) =FA%  ,; &(


A  D G  )0:1= ?) !#"%= ) 1D`  & "%))+86$1%7
*,1@ &A5"%
>,0"-&5>1$ !#"%3  $ [.

  ) VN  !9  !$#9      g 

N b# 8 9 hi42T;
*!5"%8 & )X6&(,  & )0) 
 7 1AG A> !# ) =  A; &( + & )0 <)++"%%!#)   D  G )+1= ?) !#"%=:) 1 O  &("%) )+8 !#"
>,0"%! =:!#) 1%"%!([' "%!   6 ! "b%0T!  V"98 OI  5 
 7 1A' A "%,& ,SZ  &()+(' A5 &(1%1  D FG ?@, & "8 )+=!  )08 ;0 @B1%! 4,+"%! =!#) 1%"%!    ) A
 

  )        q  g 

 M# 8 9 "452 A   %7+? &() AO  A
*!#"%8H&()(X6&(,  & )0) 

Ooi`VgVFf1žmõFöW÷Fö[žmŸFŸWø†žm¿Kù´øW „úüûjtzGkœAû ý þ‰þ%‡y‘èvVWX ÿFVWY[I{“€MUSUHJnu‘gVWI[\ÐLc_ …šd i`VgVWfxs \NL6n‚[¿Ks Kˆ`ž„ JžJžmŸFŸWøW¡

Das könnte Ihnen auch gefallen