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3LVPHQLGLRLVSLWDL]7HUPRGLQDPLNH, 1DXNHRWRSOLQL, =DJUHE

 =$'$7$.
8 WRSOLQVNL L]ROLUDQRP YHUWLNDOQRP FLOLQGUX X SRHWQRP
YROXPHQX  P QDOD]L VH VPMHVD GYDMX SOLQRYD SR]QDWLK
PROQLK XGMHOD \   L \   L YULMHGQRVWL N   L
N  RNROLQH WHPSHUDWXUH 3URPMHU FLOLQGUD MH  PP D
PDVD WRSOLQVNL QHSURSXVQRJ VWDSD  NJ =DJULMDYDQMHP RYH
SOLQVNH VPMHVH X] SRPR HOHNWULQRJ JULMDD VPMHWHQRJ X
FLOLQGUX VWDS VH SRGLH L LVWRYUHPHQR VWODXMH RSUXJX OLQHDUQH
NDUDNWHULVWLNH N N1P 8 SRHWQRP SRORDMX VWDSD RSUXJD
MHQHRSWHUHHQD
D  .ROLNR WRSOLQH WUHED GRYHVWL SOLQVNRM VPMHVL GD EL VH RSUXJD
VWODLOD]DPP"
E  .ROLNLELSRPDNXRGQRVXQDSRHWQLSRORDML]YULRVWDSDNR
EL VH QDNRQ SUHVWDQND JULMDQMD SOLQVNH VPMHVH XNORQLOD
RSUXJD"
6WDQMHRNROLDMHEDUL&
6NLFD SURPMHQH VWDQMD SOLQVNH VPMHVH VD R]QDHQLP UDGRYLPD L
WRSOLQDPDX S 9 L 7  V GLMDJUDPX



RN ROL

N J

S

-

WRSOLQVN D
L] RODFLMD

SOLQVN D
VPMHVD
4

I 

6NLFDX]]DGDWDN

 =$'$7$.
,GHDOQL SOLQ VSHFLILQRJ WRSOLQVNRJ NDSDFLWHWD FS   N- NJ .  L HNVSRQHQWD N  
SRHWQRJVWDQMDEDUL&QDOD]LVHXSRHWQRPYROXPHQXP7DMSOLQWUHEDGRYHVWL
QDLVWLWODNLQDWHPSHUDWXUX&SXWHPSRYUDWQLKSURPMHQDVWDQMD
D  .ROLNRELVHUDGDPRJORGRELWLXWDNYRPSURFHVXDNRMHVWDQMHRNROLDEDUL&"
E  .ROLNR HIHNWLYQR UDGD WUHED GRYHVWL DNR VH XPMHVWR SRYUDWQRJ SURFHVD SOLQ ]DJULMH X]
NRQVWDQWDQ WODN RG SRHWQH GR NRQDQH WHPSHUDWXUH L NROLNL MH JXELWDN UDGD X WDNYRP
SURFHVX"
F  .ROLNRVHWRSOLQHL]PMHQMXMHVRNROLHPXRYDGYDSURFHVD"
2EDGYD SURFHVD VNLFLUDWL X LVWRP S9  L 7  V GLMDJUDPX L R]QDLWL VYH UDGRYH L L]PLMHQMHQH
WRSOLQH


 =$'$7$.
3DUQL NRWDRVSUHJULMDHPSURL]YRGLWKSUHJULMDQHYRGHQHSDUHVWDQMD EDUL & L]
YRGH WHPSHUDWXUH  & 7D VH SDUD RGYRGL X WXUELQX X NRMRM HNVSDQGLUD GR SRVWRWQRJ
YDNXXPD D ]DWLP NRG WRJ WODND NRQGHQ]LUD L SRWKOD XMH VH X NRQGHQ]DWRUX WH VH YUDD X
NRWDR
7RSOLQXSRWUHEQXXNRWOXGDMXGLPQLSOLQRYLNRMLVHSUHGDMXLWXWRSOLQXKODGHRG&
QD  & 7RSOLQX NRMD VH RVORED D X NRQGHQ]DWRUX SUHX]LPD RNROL WHPSHUDWXUH  & L
WODNDEDU
,]UDXQDMWHVQDJXWXUELQHLJXELWDNVQDJH]ERJQHSRYUDWQHL]PMHQHWRSOLQH D XNRWOXL E X
NRQGHQ]DWRUX
.ROLNXVQDJXWUHEDGRYHVWLSXPSL]DYRGX SUHWSRVWDYLWLQHVWODLYRVWYRGH "
6NLFDSURFHVDVSDURPX S 9 L 7  V GLMDJUDPX