Beruflich Dokumente
Kultur Dokumente
March April 2002
March April 2002
2I[WPIXXIV JSV
&MVH[EXGLIVW
:SP 2S 1EVGL%TVMP
:SP 2S 1EVGL%TVMP RS JIEV SJ SJJIRHMRK QI - ORS[ Q] [IEORIWWIW QSVI XLER ER]
SJ ]SY GER TSWWMFP] HS 4IVLETW - WLSYPH WIX XLI FEPP VSPPMRK
Q]WIPJ
)HMXSVMEP
% 7;38 JSVSYV2I[WPIXXIV 8LI SFNIGXMZI SJ TPIEWERX VIEHMRK LEW FIIR GSRWMWXIRXP]
QEMRXEMRIH [MXLMR XLI GSRJMRIW SJ XLI QEXIVMEP VIGIMZIH 8LMW
1E].YRI -WWYI MW SYV KVIEXIWX WXVIRKXL XLSYKL XLIVI MW EP[E]W VSSQ JSV
)HMXSV %[E] MQTVSZIQIRX 8LIVI EVI RS NIEPSYWMIW SV VIWIRXQIRXW
EKEMRWX SXLIV TYFPMGEXMSRW IRXIVMRK XLI JMIPH -R JEGX MX MW E
:MWMX XS 1]WSVI ;]EREH ERH ER %GGMHIRX TPIEWYVI XS WII XLI KIRIVEP MRXIVIWX KVS[MRK
%JXIV XLMW TPIEWERX QSVRMRK SYXMRK [I HVSZI YT XS ;]EREH MR 8LMW WQEPP QSYRXEMR WERGXYEV] FIGEYWI SJ MXW PSGEXMSR ERH [IPP
/IVEPE SRI WXVIXGL XLVSYKL XLI 2EKEVLSPI 2EXMSREP 4EVO
XS TVIWIVZIH ZIKIXEXMSR LEW E [IEPXL SJ FMVHW TEGOIH MR E WQEPP
WTIRH E GSYTPI SJ RMKLXW EX XLI +YVYOYPE &SXERMGEP 7ERGXYEV] WTEGI ;MXLMR E JI[ QMRYXIW SJ EVVMZEP [I GSYPH WII XLVII WTIGMIW
;SPJKERK &SXERMGEP 7ERGXYEV]
8LMVX] ]IEVW EKS 8LIYIVOEYJ SJ WYRFMVHW E WTMHIV LYRXIV 1EPEFEV KVI] LSVRFMPPW XLSWI [MXLSYX
;SPJKERK XLIR E FS] SJ GEQI SZIVPERH XS -RHME ERH JIPP MR E GEWUYI SR XLIMV FMPPW YRPMOI XLIMV GSYWMRW MR XLI RSVXL [MXL XLI
PSZI [MXL /IVEPE &IMRK E TEWWMSREXI FSXERMWX ;SPJKERK HIGMHIH UYIIV TVSXYFIVERGI QER] IQIVEPH HSZIW ERH VEGOIXXEMPIH
XLEX XLMW [EW XLI VMKLX TPEGI JSV LMQ ERH GSQQIRGIH IWXEFPMWLMRK HVSRKSW %RH JSV QI E KVIEX XLVMPP [EW XS WII XLI VYF] XLVSEXIH
E &SXERMGEP 7ERGXYEV] RIEV 1ERERXZEH] 8LMW LEW RS[ FIGSQI FYPFYP 4]GRSRSXYW QIPERMGXIVYW
JSV XLI JMVWX XMQI E FMVH XLEX MW
E [IPP ORS[R 6IWIEVGL 'IRXVI JSV WTIGMEPMWX WTIGMIW SJ TPERXW [SVXL KSMRK E PSRK [E] XS WII IWTIGMEPP] XLI WYF WTIGMIW [MXL
JIVRW SVGLMHW ERH SXLIVW 8LI 1MRMWXV] SJ )RZMVSRQIRX MR (IPLM MXW WGEVPIX XLVSEX ;LEX MRXIVIWXIH QI [EW XLEX MX FILEZIH VEXLIV
[ERXW XS GSPPEFSVEXI [MXL XLMW MRWXMXYXMSR XS TVIWIVZI WSQI SJ SYV HMJJIVIRXP] JVSQ MXW SXLIV GSYWMRW SJ XLI 4]GRSRSXMHEI JEQMP] 3R
VEVI TPERXW MR XLI ;IWXIVR +LEXW -X LEW FIGSQI [MHIP] ORS[R E 'EPPMERHVE XVII FYVWXMRK [MXL [LMXI JPS[IVW MX FIRX HS[R ERH
EQSRK FSXERMWXW ERH SVRMXLSPSKMWXW ERH [LMPI [I [IVI XLIVI [I TVSFIH MRXS XLI JPS[IVW JSV XLIMV RIGXEV NYWX EW WYRFMVHW HS ERH
LEH XLI TVMZMPIKI SJ FMVHMRK [MXL %PER 1SVPI] EFSYX [LSQ &SF E JIIHMRK LEFMX VEXLIV HMJJIVIRX JVSQ XLI SXLIV FYPFYPW FIRHMRK
7XI[EVX [VSXI MR XLI TVIZMSYW MWWYI
E 'SRWYPXERX SJ XLI 6S]EP SZIV E JPS[IV XS VIEGL MXW RIGXEV YRPMOI XLI SXLIV FYPFYPW
7SGMIX] JSV XLI 4VSXIGXMSR SJ &MVHW 674&
RS WSYRH JVSQ ER
EZMER IWGETIW LMQ ERH LI MRXIRHW XS TYFPMWL E FSSO SR FMVH %RH RS[ E FVMIJ VIJIVIRGI XS XLI EGGMHIRX 3R XLI VIXYVR NSYVRI]
GEPPW RSX F] XLI RSVQEP EXXIQTXIH HIWGVMTXMSR F] [SVHW IK SR XL .ERYEV] [MXL 'SP 'LEGOS EX XLI [LIIP ERH 7L]EQEP EX
GVSWW[SVH TY^^PI JSV XLI GYGOSS ERH HMH LI HS MX JSV XLI PET[MRK
LMW WMHI FSXL WIGYVIP] WIEX FIPXIH ERH - EX XLI FEGO WIEX [MXLSYX
FYX F] E OMRH SJ 1SVWI 'SHI SJ PSRK ERH WLSVX EWGIRHMRK ERH E FIPX [IVI WYHHIRP] GSRJVSRXIH [MXL XLI PSVV] GLEVKMRK EX YW
HIWGIRHMRK ERH LMKL ERH PS[ TMXGLIH RSXIW [LMGL GSYPH FIGSQI 8S EZSMH E LIEH SR GVEWL ERH GIVXEMR HIEXL 'SP 'LEGOS EX XLI
E HIJMRMXI HMGXMSREV] JSV YWI F] SVRMXLSPSKMWXW +VSYTW SJ REXYVEPMWXW [LIIP [MXL LMW UYMGO QMPMXEV] VIWTSRWI W[YRK WLEVTP] XS XLI
EW [IPP EW KIRIVEPMWXW JVSQ EFVSEH GSRKVIKEXI LIVI JVSQ XMQI VMKLX FYX GSYPH RSX EZSMH GSRXEGX [MXL PSVV] 3YV GEV SZIVXYVRIH
XS XMQI I\GITX MR XLI JSYV LIEZ] QSRWSSR QSRXLW
XS PIEVR /MRHP] TEWWIVWF] SJ [LSQ XLIVI MW RS HIEVXL MR -RHME PMJXIH YT
EFSYX XLI REXYVEP [SVPH 8LI WXMQYPEXMRK EXQSWTLIVI SJ XLI TPEGI XLI GEV ERH TYX MX FEGO SR MXW [LIIPW 'LEGOS ERH 7L]EQEP [IVI
GER FI GSRZI]IH F] [LEX 7YTVEFLE 7IWLER XLI SVKERM^MRK EFPI XS YRJEWXIR XLIQWIPZIW ERH [EPO SYX SR XS XLI FSRRIX
IGSPSKMWX SJ XLMW YRMUYI IJJSVX [VSXI MR 2I[WJVSQXLI7ERGXYEV] XLVSYKL XLI STIRMRK TVSZMHIH F] XLI QMWWMRK [MRHWGVIIR - [SOI
SJ .YRI YT SR XLI JPSSV SJ XLI GEV EJXIV E JI[ QMRYXIW SJ YRGSRWGMSYWRIWW
ERH [EW VIPMIZIH XS JMRH XLEX EPP XLVII SJ YW [IVI YRFVSOIR %RH
;EPOMRK XLI JSVIWXW MW XLI TVMZEXI WMHI SJ SYV [SVO EX XLI
[LMPI 'LEGOS ERH 7L]EQEP [IVI MRZSPZIH [MXL XLI MRIZMXEFPI
7ERGXYEV] 8LI JI[ VIQRERXW SJ XVSTMGEP [MPHIVRIWW EVI SYV
TSPMGI TVSGIHYVIW E KIRIVSYW KIRXPIQER 1V 7YVIWL
SR LMW
QYWI ERH MRWTMVEXMSR 8LI] HMWGMTPMRI YW +YMHI YW +MZI VMKSYV
[E] XS &ERKEPSVI SJJIVIH XS XEOI QI XS E LSWTMXEP ERH XS PSSO
XS XLI [SVO %RH TIVWTIGXMZI ;I KIX XS JIIP RSX SRP] XLI GVIEXMZI
EJXIV QI YRXMP LIPT EVVMZIH MR XLI JSVQ SJ 1VW 'LEGOS ERH Q]
JSVGI SJ PMJI FYX EPWS MXW QMVVSV STTSWMXI XLIHMWXSVXIHTS[IVSJ
[MJI 8LI < VE]W XEOIR SJ Q] RIGO ERH FEGO WLS[IH RS HEQEKI
LYQER REXYVI .Y\XETSWIH [MXL XLI [MPH EVI XLI EMPMRK HMWIEWIH
LEH FIIR HSRI ERH - [IRX LSQI XS PIEH E RSVQEP PMJI I\GITX JSV
E FEH TEMR MR XLI RIGO XLI WSVX SJ TEMR XS [LMGL 0EZOYQEV
VIJIVW [LIR LI LEW XS MHIRXMJ] [EVFPIVW LMKL YT MR XLI GERST] SJ
VEMR JSVIWXW
2I[WPIXXIV JSV &MVH[EXGLIVW
-RXVSHYGXMSR ;LIRIZIV [I XEPO SJ [MPHPMJI TVSXIGXMSR XLI RSVQEP -RGVIEWI MR FPEGOFYGO ERH RMPKEM RYQFIVW VIWYPXMRK MR GVST
XIRHIRG] MW XS XLMRO SJ WSQI JSVIWXIH EVIE XLEX RIIHW TVSXIGXMSR HEQEKI ERH VIWIRXQIRX F] ZMPPEKIVW EKEMRWX GSRWIVZEXMSR
JVSQ GYXXMRK SV IRGVSEGLQIRX SV SXLIV LYQER YWI +VEWWPERHW QSZIQIRX MR KIRIVEP ERH FYWXEVH GSRWIVZEXMSR MR TEVXMGYPEV
[IXPERHW GSEWXW VMZIVW ERH VYVEP PERHWGETIW VEVIP] JMRH E TPEGI 'SVVYTXMSR ERH XSXEP QMWQEREKIQIRX SJ FYWXEVH WERGXYEVMIW
MR GSRWIVZEXMSR TVMSVMX] EPXLSYKL WSQI SJ XLI QSWX IRHERKIVIH 2S GPIEV GYX PERHYWI TSPMG] ERH HSQIWXMG ERMQEP KVE^MRK TSPMG]
-RHMER WTIGMIW EVI JSYRH MR WYGL LEFMXEXW MR -RHME
*SYV QIQFIVW SJ XLI FYWXEVH JEQMP] EVI JSYRH MR -RHMER 4VIWIRXP] SRP] FIX[IIR FYWXEVHW WYVZMZI MR -RHME QEOMRK
KVEWWPERHW 8LI KVIEX -RHMER FYWXEVH %VHISXMW RMKVMGITW SJ XLIQ SRI SJ XLI QSWX IRHERKIVIH WTIGMIW SJ FYWXEVHW MR XLI
XLI WLSVX KVEWW TPEMRW ERH HIWIVXW XLI ,SYFEVE FYWXEVH [LSPI [SVPH
'LPEQ]HSXMW YRHYPEXE [MRXIV QMKVERX XS XLI HIWIVX VIKMSRW SJ 2IIH JSV 4VSNIGX &YWXEVH
6ENEWXLER ERH +YNEVEX
XLI PIWWIV JPSVMGER 7]TLISXMHIW MRHMGE 4VSNIGX 8MKIV ERH 4VSNIGX )PITLERX LEZI WLS[R XLEX F] MHIRXMJ]MRK
JSYRH MR XLI WLSVX KVEWW TPEMRW MR ;IWXIVR ERH 'IRXVEP -RHME ERH ER MRHMGEXSV WTIGMIW ERH JSGYWMRK EXXIRXMSR SR MX ERH MXW LEFMXEX E
XLI &IRKEP JPSVMGER ,SYFEVSTWMW FIRKEPIRWMW SJ XLI XEPP WYFWXERXMEP TEVX SJ SYV REXYVEP IGSW]WXIQ XLEX FIRIJMXW ER EVVE]
[IX KVEWWPERHW SJ XLI 8IVEM ERH XLI &VELQETYXVE ZEPPI] SJ XLVIEXIRIH WTIGMIW GER FI TVSXIGXIH &YWXEVHW ERH JPSVMGMERW
.YWX EW XLI XMKIV MW GSRWMHIVIH XLI WTMVMXSJ-RHMERJSVIWXW WMQMPEVP] GER FI GSRWMHIVIH EW MRHMGEXSVW SJ XLI KVEWWPERH IGSW]WXIQW
XLI QENIWXMG KVIEX -RHMER FYWXEVH GER FI MHIRXMJMIH EW ER MRHMGEXSV ERH F] GSRWIVZMRK XLIQ ERH XLIMV LEFMXEXW E ZIV] PEVKI RYQFIV
SJ XLI LIEPXL SJ KVEWWPERH IGSW]WXIQW SJ XLI -RHMER TPEMRW SJ WTIGMIW SJ -RHMER KVEWWPERHW [MPP EPWS FI TVSXIGXIH 4VSXIGXMSR
8LI KVIEX -RHMER FYWXEVH JSVEKIW WLIPXIVW HMWTPE]W ERH FVIIHW ERH TVSTIV QEREKIQIRX SJ XLIWI KVEWWPERHW [SYPH EPWS FIRIJMX
MR KVEWWPERH ERH MXW EFWIRGI MW XLI JMVWX [EVRMRK WMKREP XLEX XLI PSGEP GSQQYRMXMIW 8LI KVEWWPERHW XLEX EVI XLI TVIJIVVIH
XLI KVEWWPERH MW HIXIVMSVEXMRK 8LI KVIEX -RHMER FYWXEVH MW RS[ LEFMXEXW SJ FYWXEVHWJPSVMGERW EVI YRHIVVITVIWIRXIH MR XLI
SR XLI FVMRO SJ I\XMRGXMSR -X MW PSGEPP] I\XMRGX JVSQ EPQSWX SJ TVSXIGXIH EVIE RIX[SVO MR -RHME 7SQI SJ XLI FYWXEVH WERGXYEVMIW
MXW JSVQIV VERKI ERH MVSRMGEPP] MX LEW HMWETTIEVIH JVSQ X[S LEZI FIIR HIWXVS]IH F] QMWKYMHIH QEREKIQIRX TVEGXMGIW 8LIVI
WERGXYEVMIW QEHI IWTIGMEPP] JSV MXW TVSXIGXMSR -R E JI[ SXLIV MW RS GSSVHMREXMSR FIX[IIR WXEXIW ERH EQSRK QEREKIVW [MXLMR
WERGXYEVMIW MX MW HIGPMRMRK VETMHP] )EVPMIV MX [EW QEMRP] TSEGLMRK WXEXIW ;I LEZI RIEVP] SJ XLI [SVPH W PMZIWXSGO FYX RS
ERH LEFMXEX HIWXVYGXMSR XLEX VIWYPXIH MR WYGL E TMXMEFPI WMXYEXMSR EXXIRXMSR MW KMZIR XS TVSXIGX KVEWWPERHW SR [LMGL XLMW PMZIWXSGO
SJ XLMW KVERH FMVH SJ XLI -RHMER KVEWW] TPEMRW FYX JIIHW 8LIVI MW RS PSRKXIVQ VIWIEVGL SR FYWXEVHW ERH EX TVIWIRX
RS[ QMWQEREKIQIRX SJ XLI LEFMXEX WIRXMQIRXEP TVSXIGXMSR SJ [I HS RSX ORS[ IZIR XLI FEWMG FMSPSK] SJ XLIWI LMKLP] IRHERKIVIH
GIVXEMR TVSFPIQ ERMQEPW ERH ETEXL] QMKLX I\XIVQMREXI XLMW ERH HIGPMRMRK WTIGMIW 8EOMRK MRXS GSRWMHIVEXMSR EPP XLIWI JEGXSVW
WTIGMIW XLI +SZIVRQIRX SJ -RHME WLSYPH WXEVX 4VSNIGX &YWXEVH SR XLI
PMRIW SJ 4VSNIGX 8MKIV [MXL XLI JSPPS[MRK SFNIGXMZIW
-R XLI IEVP] W XLI JMZI WXEXIW [LIVI XLI KVIEX -RHMER FYWXEVH
MW WXMPP JSYRH XSSO WSQI GSRWIVZEXMSR QIEWYVIW ERH IMKLX 8S GSRWIVZI EPP XLI JSYV WTIGMIW SJ FYWXEVHW MR -RHME
TVSXIGXIH EVIEW [IVI HIGPEVIH (IWTMXI EPP XLIWI GSRWIVZEXMSR 8S GSRWIVZI XLI LEFMXEX X]TIW SJ XLI -RHMER FYWXEVHW ERH XLIMV
QIEWYVIW XLI WXEXYW SJ XLI KVIEX -RHMER FYWXEVH LEW WLEVTP] EWWSGMEXIH WTIGMIW
HIXIVMSVEXIH HYVMRK XLI PEWX ]IEVW 8LMW VEMWIW XLI UYIWXMSR -W 8S IWXEFPMWL [MXL XLI GSSTIVEXMSR SJ XLI 7XEXI +SZIVRQIRX ERH
XLI WERGXYEV] ETTVSEGL ETTVSTVMEXI JSV XLI TVSXIGXMSR SJ WTIGMIW PSGEP TISTPI QSVI FYWXEVH GSRWIVZEXMSR EVIEW
XLEX PMZI MR PS[ HIRWMX] MR WGEXXIVIH I\XERX KVEWWPERHW ERH QEVKMREP 8S WYTIVZMWI ERH GSSVHMREXI QEREKIQIRX SJ FYWXEVH
GVST JMIPHW# 8LI ERW[IV MW ]IW ERH RS 8LI WERGXYEV] ETTVSEGL GSRWIVZEXMSR EVIEW
GIVXEMRP] LIPTW MR GYVXEMPMRK TSEGLMRK FYX YRPIWW ETTVSTVMEXI 8S GSSVHMREXI PSRKXIVQ WXYHMIW SR FYWXEVHW ERH XLIMV LEFMXEXW
LEFMXEX TVSXIGXMSR QIEWYVIW EVI XEOIR HIGPEVMRK E WERGXYEV] JSV MR HMJJIVIRX WXEXIW
FYWXEVH HSIW RSX LIPT MR XLI PSRK VYR 2S[ XLI UYIWXMSR GSQIW 8S TVSHYGI IHYGEXMSREP QEXIVMEP JSV TYFPMGMX] JSV HIGMWMSR
LS[ HS ]SY XEOI ETTVSTVMEXILEFMXEXGSRWIVZEXMSRQIEWYVIW MR QEOIVW WXEOI LSPHIVW WXYHIRXW IXG
WSQISRI WTVMZEXIPERH#3V[LEXHS]SYHSMJXLIGSRWIVZEXMSR 8S MRXIKVEXI FYWXEVH LEFMXEX GSRWIVZEXMSR [MXL 2EXMSREP +VE^MRK
QIEWYVIW VIWYPX MR MRGVIEWIH GVST HEQEKI F] [MPH YRKYPEXIW# 4SPMG] ERH SZIVEPP PERH YWI TEXXIVR
7LSYPH [I OMPP XLI TVSFPIQ YRKYPEXIW XS KIX XLI WYTTSVX SJ VYVEP
GSQQYRMXMIW JSV XLI VEVI FYWXEVH SV WLSYPH [I EPPS[ XLI TVSFPIQ (YVMRK XLI PEWX JMZI ]IEVW XLI &SQFE] 2EXYVEP ,MWXSV] 7SGMIX]
XS JIWXIV ERH WII XLI HMWETTIEVERGI SJ LMKLP] IRHERKIVIH LEW FIIR YRHIVXEOMRK IRZMVSRQIRXEP IHYGEXMSR GEQTEMKRW MR XLI
WTIGMIW# 9RJSVXYREXIP] HYI XS PEGO SJ WTEGI - [SYPH RSX FI EFPI 8LEV HIWIVX [LIVI RIEVP] SJ XLI FYWXEVH TSTYPEXMSR SGGYVW
XS HMWGYWW EPP XLIWI MWWYIW LIVI -X MW WLS[MRK KSSH VIWYPXW FYX XLMW MW RSX IRSYKL 8LI +SZIVRQIRX
SJ -RHME LEW RSX ]IX VIEPM^IH XLI HIXIVMSVEXMRK WXEXYW SJ XLI FYWXEVH
8LI JSPPS[MRK EVI XLI QENSV TVSFPIQW 8LIVIJSVI [I LEZI HIGMHIH XS WXEVX E SRI]IEV MRXIRWMZI QIHME
,EFMXEX HIWXVYGXMSR ERH LEFMXEX HIXIVMSVEXMSR 8SS QER] GEQTEMKR F] [VMXMRK EVXMGPIW MR HMJJIVIRX QEKE^MRIW RI[WPIXXIVW
HSQIWXMG ERMQEPW (MWXYVFERGI HYVMRK FVIIHMRK 'SRZIVWMSR ERH NSYVREPW 8LI +SZIVRQIRX SJ -RHME [MPP RSX HS ER]XLMRK YRPIWW
SJ KVEWWPERHW ERH WSGEPPIH [EWXIPERHW MRXS GVST JMIPHW [I FSQFEVH MX [MXL PIXXIVW VIUYIWXW ERH TIXMXMSRW - XLIVIJSVI
4SEGLMRK 7XMPP [MHIWTVIEH MR TEVXW SJ XLI 8LEV HIWIVX MR VIUYIWX XLI VIEHIVW SJ SYV 2I[WPIXXIV XS [VMXI TSPMXI PIXXIVW XS XLI
6ENEWXLER JSPPS[MRK TIVWSRW
2I[WPIXXIV JSV &MVH[EXGLIVW
,SR FPI 7LVM %XEP &MLEVM :ENTE]II 4VMQI 1MRMWXIV SJ -RHME 1V 7' 7LEVQE %HHP (MVIGXSV ; MPHPMJI
1MRMWXV] SJ
7SYXL &PSGO 2I[ (IPLM *E\ )RZMVSRQIRX ERH *SVIWXW +SZIVRQIRX SJ -RHME 4EV]EZEVER
1V 86 &EPY 1MRMWXIV SJ )RZMVSRQIRX ERH *SVIWXW &LE[ER '+3 'SQTPI\ 0SHLM 6SEH 2I[ (IPLM
+SZIVRQIRX SJ -RHME 4EV]EZEVER &LE[ER '+3 'SQTPI\ *E\
0SHLM 6SEH 2I[ (IPLM
8LI PERHWGETI MR XLI ZMGMRMX] SJ Q] ZMPPEKI MW HMZIVWMJMIH [MXL ERH MR IEGL WMXI VIKYPEV SFWIVZEXMSRW [IVI QEHI IZIV] JMJXIIR
HMJJIVIRX X]TIW SJ ZIKIXEXMSR [LMGL REXYVEPP] VIWYPXW MR XLI HE]W XS IRYQIVEXI XLI KVSYT WM^I SJ TIEJS[PW F] JSPPS[MRK XLI
TVIWIRGI SJ HMJJIVIRX WTIGMIW SJ FMVHW 3RI SJ XLI FMVHW - [EW QIXLSH SJ 8LMVYQYVXLM IX EP
8LI TIEJS[PW [IVI EKI
TEVXMGYPEVP] MRXIVIWXIH MR [EW XLI PEVKI JPSGOW TIEJS[P MR ZEVMSYW GPEWWMJMIH EW EHYPXW ERH WYFEHYPXW EWTIV'YZMIV
6IWYPXW
EVIEW ZM^ LSVXMGYPXYVEP TPERXEXMSRW TEHH] JMIPHW WGVYF ERH HV] [IVI GEPGYPEXIH ERH XEFYPEXIH F] JSPPS[MRK WXERHEVH QIXLSHW
HIGMHYSYW ZIKIXEXMSR MR XLI 'LERREKMVM EVIE - HIGMHIH XS OIIT E 7ELE
GEVIJYP VIGSVH SJ XLIWI FMVHW 6IWYPXW ERH HMWGYWWMSR
8LI TIEJS[P E PEVKI FSHMIH KEPPMREGISYW FMVH 3VHIV +EPPMJSVQIW 8LI -RHMER GVIWXIH TIEJS[P 4EZS GVMWXEXYW MR HMJJIVIRX LEFMXEX
JEQMP] TLEWMERMHEI
E FMVH SJ FVMPPMERX TPYQEKI LEW WIZIVEP GSRHMXMSRW SJ 'LERREKMVM EVIE HYVMRK XLI ]IEVW MW
WTIGMIW ERH WYFWTIGMIW MR HMJJIVIRX TEVXW SJ XLI [SVPH 8LI FPYI WLS[R MR 8EFPI 8LI TSTYPEXMSR GSRWMWXW SJ EHYPX ZM^ TIEGSGO
ERH GVIWXIH TIEJS[P 4EZS GVMWXEXYW MW ZIV] GSQQSR MR XLI ERH TIELIR
ERH WYFEHYPX NYZIRMPIW
TIEJS[P
WSYXLIVR TEVX SJ XLI -RHMER WYFGSRXMRIRX ,S[IZIV HYVMRK VIGIRX % %HYPX TSTYPEXMSR
]IEVW XLIVI LEW FIIR ER EPEVQMRK HIGPMRI -R QER] TEVXW SJ -RHME 3GGYVVIRGI SJ GSGO ERH TIELIR MR HMJJIVIRX LEFMXEXW SJ 'LERREKMVM
XLI OMPPMRK ERH TSEGLMRK SJ TIEJS[P MW XEOMRK TPEGI ERH [LEX MW EVIE MW WLS[R MR 8EFPI %QSRK XLI EHYPXW TIELIRW [IVI QSVI
QSVI HMWXVIWWMRK MW XLEX WIZIVEP FMVHW HMIH HYI XS TIWXMGMHI XS XS ERH XS MR LEFMXEXW - -- ERH --- HYVMRK XLI
TSMWSRMRK MR &MLEV ERH EPWS HYI XS JSSH TSMWSRMRK MR TPEGIW PMOI ]IEV ERH VIWTIGXMZIP] ;LIVIEW XLI TIEGSGO
4SPEQTYV (IPLM - EQ HMWXVIWWIH XS RSXI XLEX MR QER] GMXMIW MR RYQFIV [EW PIWW ERH XLI] [IVI XS XS ERH XS MR
/EVREXEOE TIEJS[P JIEXLIVW EVI QEHI MRXS JERW ERH WSPH LEFMXEXW - -- ERH --- HYVMRK XLI ]IEV ERH
7XYH] %VIE VIWTIGXMZIP] 8EFPI
*YVXLIV XLI EZIVEKI RYQFIV SJ QEPI GSGO
4L]WMSKVETLMGEPP] 'LERREKMVM E TEVX SJ (EZERKIVI HMWXVMGX
ERH JIQEPI TIELIR
TIEJS[P SGGYVVIRGI HYVMRK HMJJIVIRX ]IEVW
SGGYTMIW E GIRXVEP TSWMXMSR MR XLI WXEXI SJ /EVREXEOE ERH MX MR HMJJIVIRX LEFMXEXW SJ 'LERREKMVM EVIE MW EPWS TVIHMGXIH MR XLI
GSRWXMXYXIW XLI WSYXLIVR TEVX SJ (IGGER 4IRMRWYPE *YVXLIV MX PMIW 8EFPI 4EZS GVMWXEXYW MW E TSP]KEQSYW FMVH 'YZMIV
XLI
GSGO PMZIW MR XLI GSQTER] SJ QER] TIELIRW &EWEZEVENETTE ERH
MR FIX[IIR RSVXLPEXMXYHIWERH
,SWIXXM
8LYW XLI TIELIRW [IVI QSVI GSQTEVIH XS GSGOW
IEWX PSRKMXYHIW [MXL ER EPXMXYHI SJ QIXVIW EFSZI QWP 8LI
ERH XLIMV TSTYPEXMSR ZEVMIH WMKRMJMGERXP] *! 4"
MR
PERHWGETI GSRWMWXW SJ ZEWX WXVIXGLIW SJ TPEMRW [MXL WGEXXIVIH WQEPP
HMJJIVIRX LEFMXEXW SJ 'LERREKMVM EVIE
LMPPSGOW 8LI EVIE VIGIMZIW QQ EZIVEKI ERRYEP VEMRJEPP
8LI GPMQEXI MW HV] [MXL HE]W WYRWLMRI 8LI QIER & 7YFEHYPX TSTYPEXMSR
XIQTIVEXYVI MW ' ERH XLI VIPEXMZI LYQMHMX] MW 8LI WYFEHYPX TIEJS[P TSTYPEXMSR GSRWMWXIH SJ XLI MQQEXYVI QEPIW
&EWEZEVENETTE ERH ,SWIXXM E
8LI REXYVEP ZIKIXEXMSR MW ERH JIQEPIW [MXL XLI EKI FIPS[ ]IEVW 9RXMP WIGSRH ]IEV XLI
GSRJMVQIH XS WSYXL [IWX TEVX SJ 'LERQEKMVM XEPYOE ERH [LMGL MW WYFEHYPX QEPI ERH JIQEPI LEZI XLI WEQI TPYQEKI 'YZMIV
HMZIVWMJMIH [MXL HIGMHYSYW XVII WTIGMIW &EWEZEVENETTE E
ERH HMJJMGYPX XS HMWXMRKYMWL XLIQ EW GSGO ERH TIELIR
8LI VIQEMRMRK EVIE SJ PERH MW WGEXXIVIH [MXL LSVXMGYPXYVEP KEVHIRW 7LEVQE
8LYW EPP XLI MQQEXYVI TIEGLMGOW [IVI XSKIXLIV
TEHH] JMIPHW VEMR JIH GVSTW ERH FYWL] ZIKIXEXMSR TEVXMGYPEVP] EX GEPPIH NYZIRMPIW 8LMVYQYVXLM IX EP
8LI NYZIRMPIW [IVI MR
XLI ZEPPI] SJ WQEPP ERH YRIZIR LMPPSGOW &EWEZEVENETTE
XLI VERKI SJ XS XS ERH XS MR LEFMXEXW - -- ERH ---
1EXIVMEPW ERH 1IXLSHW HYVMRK XLI ]IEV ERH VIWTIGXMZIP] 8EFPI
8LI WXYH] [EW GEVVMIH SYX JVSQ XS MR HMJJIVIRX EKVS ,IRGI XLI XSXEP NYZIRMPI TIEJS[P RYQFIV ZEVMIH WMKRMJMGERXP]
IGSW]WXIQW SJ 'LERREKMVM XEPYOE SJ (EZERKIVI HMWXVMGX 8LIVI *! 4"
EQSRK XLI LEFMXEXW HYVMRK XLI WXYH] TIVMSH MR
'LERREKMVM EVIE
[IVI XLVII HMJJIVIRX IGSW]WXIQW MHIRXMJMIH EX VERHSQ ZM^ - 4PEMR
EVIE SJ LIGXEVIW EX &IPEPEKIVI
-- 9RIZIR PERH ERH WQEPP *YVXLIV XLI LEFMXEX --- RIEV .SPHLEP
LEH VIGSVHIH LMKLIWX
LMPPW [MXL WTEVWI ZIKIXEXMSR SJ LIGXEVIW RIEVF] 7ERXLMWEKEV XS ERH XS
RYQFIV SJ EHYPXW ERH WYFEHYPX TIEJS[PW
WIGSRHFMKKIWXPEOIMR7SYXL -RHME
ERH --- ,MPPSGOW [MXL HV] JSPPS[IH F] XLI LEFMXEX -- EX 7LERXLMWEKEV
[LIVI XS EHYPXW
HIGMHYSYW ZIKIXEXMSR SJ LIGXEVIW EX .SPHLEP
-R IEGL LEFMXEX ERH XS WYFEHYPXW [IVI VIGSVHIH 8LI LEFMXEX - PSGEXIH
XLVII TIVQERIRX SFWIVZEXMSR WMXIW WU OQ IEGL
[IVI WIPIGXIH RIEVF] &IPEPEKIVI
LEW VIGSVHIH XLI PS[IWX RYQFIV SJ EHYPX
2I[WPIXXIV JSV &MVH[EXGLIVW
XS
ERH WYFEHYPX XS
TIEJS[PW 8LYW XLI TIEJS[P 8EFPI 3GGYVVIRGI SJ TIEGSGO ERH TIELIR MR 'LERREKMVM EVIE
TSTYPEXMSR MW LMKL
MR LEFMXEX --- GSQTEVIH XS LEFMXEX -- ERH -
7I\ =IEV ,EFMXEX - ,EFMXEX -- ,EFMXEX ---
*MK
,S[IZIV XLI QENSV VIEWSR JSV XLI SGGYVVIRGI SJ QSVI
RYQFIV SJ TIEJS[PW MR LEFMXEX --- GSQTEVIH XS -- ERH - ERH XLI
ZEVMIH WM^I KVSYT SJ TIEJS[P MR HMJJIVIRX LEFMXEXW SJ XLMW EVIE LEW 4IEGSGO
WXMQYPEXIH QI XS GSRHYGX JYVXLIV WXYHMIW SR LEFMXEX JIEXYVIW
VIPEXMZI EFYRHERGI ERH WI\ VEXMS SJ TIEJS[P 4 GVMWXEXYW MR %ZIVEKI
'LERREKMVM EVIE 8LI VIWYPXW SJ XLSWI JMRHMRKW [IVI TYFPMWLIH
IPWI[LIVI
4IELIR
8EFPI %HYPX ERH WYFEHYPX TIEJS[P RYQFIV MR 'LERREKMVM EVIE
=IEV 4IEJS[P ,EFMXEX - ,EFMXEX -- ,EFMXEX --- %ZIVEKI
%HYPXW 2SXI )EGL ZEPYI MW E QIER SJ SFWIVZEXMSRW
7YFEHYPXW
6IJIVIRGIW
%HYPXW
&EWEZEVENETTE 7 7XEXYW SJ REXYVEP GSPSRMIW SJ %TMW HSVWEXE MR
7YFEHYPXW
1EMHER VIKMSR SJ /EVREXEOE -RHME -RHMER &II .
%HYPXW
7YFEHYPXW &EWEZEVENETTE 7 E 7XYHMIW SR LEFMXEX JIEXYVIW SJ -RHMER TIEJS[P
2SXI )EGL ZEPYI MW E QIER SJ SFWIVZEXMSRW 4EZS GVMWXEXYW YRHIV HMZIVWMJMIH GSRHMXMSRW SJ /EVREXEOE -RHME
4VS XL -7' 2I[ (IPLM 4T
*MK 4IEJS[ P 4EZS 'VMWXEXYW TSTYPEXMSR MR 'LERREKMVM EVIE
&EWEZEVENETTE 7 ERH ,SWIXXM && 6IPEXMZI EFYRHERGI WI\
VEXMS ERH TSTYPEXMSR HIGPMRI SJ TIEJS[P 4EZS GVMWXEXYW MR 'LERREKMVM
,EFMXEX - ,EFMXEX -- ,EFMXEX --- EVIE SJ /EVREXEOE -RHME .&2,7 -R TVIWW
'YZMIV & )RG]GPSTEIHME SJ 0MJI 7GMIRGIW %RQSP 4YFPMGEXMSRW
2I[ (IPLM 4T XS
XS
7LEVQE - / )GSPSKMGEP WXYH] SJ VIWX ERH VSSWX FILEZMSYV SJ
XLI TIEJS[P 4EZS GVMWXEXYW &MVH[EXGLIVW
7ELE 8/ &MSWXEXMWXMGW MR 8LISV] ERH 4VEGXMGI )QOE]
4YFPMGEXMSRW (IPLM 4T
8LMVYQYVXLM 7 %RREQEPEM 6 ERH +YREWIOLEVER : )JJIGXW
SJ -RHYWXVMEPMWEXMSR SR XLI TSTYPEXMSRW SJ TIEJS[P 4EZS GVMWXEXYW
0MRR -R &MVH 'SRWIVZEXMSR WXVEXIKMIW JSV XLI 2MRIXMIW ERH &I]SRH
)H %FVELEQ IX EP
&ERKEPSVI 4T
%GORS[PIHKIQIRXW
- XLERO (V && ,SWIXXM 'LEMVQER (ITEVXQIRX SJ %TTPMIH >SSPSK]
/YZIQTY 9RMZIVWMX] &6 4VSNIGX JSV GSRWXVYGXMZI WYKKIWXMSRW
HYVMRK XLI TVITEVEXMSR SJ XLMW QERYWGVMTX ERH 4VSJ : :EWYHIZ
(ITEVXQIRX SJ %TTPMIH >SSPSK] /YZIQTY 9RMZIVWMX] & 6 4VSNIGX
JSV IRGSYVEKIQIRX
-R /SROER XLI [LMXIFIPPMIH WIE IEKPI MW JEMVP] GSQQSR XLVSYKLSYX ;LIR [I WXEVXIH XLMW I\IVGMWI SR SR E WERH] FIEGL
XLI GSEWXPMRI ;EXGLMRK XLI WSEVMRK ERH KPMHMRK SJ XLMW IEKPI MW E EX +YLEKEV 2ERH )
OQMRPIRKXLERHFSVHIVIH
FIEYXMJYP I\TIVMIRGI 7MRGI [I LEZI FIIR WXYH]MRK XLMW FMVH F] GEWYEVMRE ERH GSGSRYX XVIIW [I SFWIVZIH RIWXMRK TEMVW
MR XLI (MWXVMGXW SJ 6EXREKMVM ERH 7MRHLYHYVK XS 2 [MXL XLIMV EGXMZI RIWXW 3RI [EW EX XLI WSYXL IRH SJ XLI FIEGL SR
ERH XS )
;ILEZIPSGEXIHEWQER]EWRIWXW E LSVM^SRXEP FVERGL SJ 'EWYEVMRE IUYMWIXMJSPME EX E LIMKLX SJ EFSYX
SR XLI OQ GSEWXPMRI SJ XLIWI X[S (MWXVMGXW Q 8LI WIGSRH [EW MR E KEVHIR RI\X XS E LSYWI SR E Q
PSRK ERH Q [MHI WERHFEV VYRRMRK FIX[IIR XLI WIE ERH XLI
%W MW [IPP ORS[R QER] PEVKI WTIGMIW SJ VETXSV LEZI QSVI XLER QERKVSZIW 8LMW TPERXEXMSR MW QSVI XLER ]IEVW SPH LEZMRK
SRI RIWX ERH XLI] QEOI YWI SJ XLIQ MR EPXIVREXI ]IEVW WQEPP ERH FMK XVIIW 8LI RIWX [EW EKEMR SR E GEWYEVMRE Q
7SQIXMQIW MR WTMXI SJ XLI SXLIV RIWXW FIMRK TVIWIRX XLI] YWI EFSZI KVSYRH 3RI EHYPX FMVH [EW WIIR MRWMHI XLI RIWX ERH XLIVI
XLI WEQI SRI ]IEV EJXIV ]IEV &VS[R
[EW E GSRWMHIVEFPI EQSYRX SJ HVSTTMRKW YRHIV XLI RIWX Q
2I[WPIXXIV JSV &MVH[EXGLIVW
E[E] JVSQ XLMW RIWX XLIVI [EW ER MREGXMZI RIWX EX E LIMKLX SJ .EMXETYV %PWXSRME WGLSPEVMW
Q SR E GEWYEVMRE /YROIWL[EV 'EWYEVMRE
IUYMWIXMJSPME
8LI TSWMXMSR ERH WIUYIRGI SJ RIWXMRK JVSQ ERH 1MXLQYQFVM 'EWYEVMRE
EVI MRHMGEXIH SR XLI XEFPI KMZIR FIPS[ IUYMWIXMJSPME
1YRKI 'EWYEVMRE
0MWX SJ 2IWXW YWIH MR EPXIVREXI ]IEVW IUYMWIXMJSPME
4PEGI 2SSJ (MWXERGI 8VII WTIGMIW 7LMVSHE 'EWYEVMRE
2IWXW FIX[IIR RIWXW IUYMWIXMJSPME
1YVYH 18(' 'EWYEVMRE IUYMWIXMJSPME %PP XLI RIWXW LEH E HMEQIXIV SJ XS Q ERH XLI HMWXERGI
%RNEVPE 1ERKMJIVE MRHMGE FIX[IIR X[S RIEVIWX RIWXW [EW Q ERH XLI PSRKIWX HMWXERGI
,EVREM 'EWYEVMRE IUYMWIXMJSPME FIX[IIR RIWXW [EW Q 3YX SJ XLI RIWXW XLEX [I
&EK +YLEKEV
+MZIR EFSZI 'EWYEVMRE IUYMWIXMJSPME SFWIVZIH RIWXMRK TEMVW LEH QSVI XLER SRI RIWX ERH YWIH MX
+YLEKEV 1ERKMJIVE MRHMGE MR EPXIVREXI ]IEVW
4EPWLIX 'EWYEVMRE IUYMWIXMJSPME
-R SYV ]IEVW SFWIVZEXMSRW [I LEZI RIZIV WIIR XLI WIE IEKPI
2EVZER *MGYW FIRKEPIRWMW
VITEMVMRK IMXLIV TEVXP] SV JYPP] ER] RIWX SXLIV XLER XLI SGGYTMIH
6SLMPI *MGYW FIRKEPIRWMW
6SLMPI 'EWYEVMRE IUYMWIXMJSPME
SRI MR XLI WEQI FVIIHMRK WIEWSR 3RP] MR SRI TPEGI [I LEH
%QFYZEHM 'SRRIGXIH *MGYW VIPMKMSWE SFWIVZIH ER IEKPI EHHMRK WXMGOW XS XLI SPH RIWX FYX MX WYHHIRP]
:EVEZEHI 1ERKMJIVE MRHMGE EFERHSRIH MX ERH FYMPX E RI[ SRI %W JEV EW [I GER NYHKI XLIVI
%EVI 'EWYEVMRE IUYMWIXMJSPME MW RS HIJMRMXI WIUYIRGI MR YWMRK TEVXMGYPEV RIWXW MR ER] WIEWSR
8LMW GLIGOPMWX SJ FMVHW MW E [IPGSQI F]TVSHYGX SJ Q] ZMWMX XS /ERLE GSQTEGX ERH GSRXMRYSYW EVIE SJ 7U /Q MRGPYHMRK XLI EVIE
2EXMSREP 4EVO LIVIEJXIV /24
[MXL 17G JMREP ]IEV WXYHIRXW MR SJ FSXL IVWX[LMPI 7YTOLEV ERH &ERNEV ZEPPI] WERGXYEVMIW
.ERYEV] %W TEVX SJ XLI 1 7G GYVVMGYPYQ WXYHIRXW EVI XEOIR
/24 [EW SRI EQSRK XLI JMVWX PSX SJ RMRI XMKIV VIWIVZIW WIPIGXIH
SR JMIPH XVMTW XS MQTSVXERX REXMSREP TEVOW ERH WERGXYEVMIW XS KIX
MR XLI GSYRXV] MR [MXL XLI PEYRGLMRK SJ 4VSNIGX 8MKIV XS
ER MRWMKLX MRXS XLI QEREKIQIRX SJ TVSXIGXIH EVIEW FIWMHIW KMZMRK
WEZI XLI XMKIV MR XLI [MPH 9RHIV XLI HMVIGXMZI TSPMGMIW SJ 4VSNIGX
XLIQ ER SVMIRXEXMSR MR XLI JMIPHFEWIH WXYHMIW
8MKIV IEGLXMKIVVIWIVZIWLSYPHLEZIEGSVIEVIEMRXLIGIRXVI
/24 MW SRI SJ XLI JSVIQSWX ERH JEQSYW REXMSREP TEVOW SJ XLI WYVVSYRHIH F] E FYJJIV ^SRI %GGSVHMRKP] XLI IRXMVI EVIE
GSYRXV] 8LI REQI SJ XLI 4EVO LEW FIIR HIVMZIH JVSQ XLI ZMPPEKI 7U /Q
[EW JSVQIH EW XLI GSVI EVIE 8LYW XSXEP EVIE SJ /ERLE
/ERLE WMXYEXIH MRWMHI XLI 2EXMSREP 4EVO 8LI 4EVO WYTTSVXW ER 8MKIV 6IWIVZI MW 7U /Q 'SVI EVIE ! 7U /Q
&YJJIV
EHQMVEFPI FMSHMZIVWMX] ;LMPI XLI [MPHPMJI LEW MXW S[R GLEVQ XLI ^SRI ! 7U /Q
8LI GSVI EVIE MW QEMRXEMRIH EW WERGXYQ
TEVO WXSTSKVETL]SRMXWS[RLEWXLITSXIRXMEPJSVGETXMZEXMRK]SY WERGXSVYQ 8LI FYJJIV ^SRI MW E QYPXMTPI PERH YWI EVIE ERH
JSV PMJI -X MW VIKEVHIH EW E XMKIV PERH LSQI JSV QSVI XLER GSQTVMWIW GYPXMZEXIH JMIPHW ZMPPEKIW [EWXIPERHW VSEHW ERH XLI
XMKIVW [LMGL MW XLI JPEKWLMT WTIGMIW SJ [MPHPMJI GSRWIVZEXMSR TVSNIGXW JSVIWX 8LI JSVIWX EVIE MR XLI FYJJIV ^SRI MW SRP] 7U /Q 8LI
SJ -RHME 8LI TEVO PMIW MR XLI RI[P] GVIEXIH WXEXI SJ 'LLEXMWKEVL FYJJIV ^SRI MW GSRWXMXYXIH EW KEQIVIWIVZI YRHIV[MPHPMJI 4
[LMGL [EW IEVPMIV MR XLI WXEXI SJ 1EHL]E 4VEHIWL %HQMRMWXVEXMZIP] %GX
XLI TEVO JEPPW MR 1ERHPE ERH &EPEKLEX HMWXVMGXW ERH MW WMXYEXIH
EFSYX WSYXL SJ XVSTMG SJ GERGIV -X MW E TEVX SJ XLI GIRXVEP 8LI TEVO LEW VMGL JPSVE SJ XVSTMGEP QSMWX HIGMHYSYW JSVIWXW
LMKLPERHW MR 1EMOEP LMPPW SJ 7EXTYVE 7SYXL SJ 2EVQEHE 6MZIV GEXIKSVM^IH MRXS WEP JSVIWX QM\IH JSVIWX KVEWWPERHW ERH [IXPERHW
/ERLE 2EXMSREP 4EVO MW KISKVETLMGEPP] WMXYEXIH FIX[IIR 8LI HMWXVMFYXMSR SJ WEP ERH QM\IH JSVIWX MW WXVSRKP] GSVVIPEXIH
2PEXMXYHIWERH )PSRKMXYHIW8LIHYQFFIPP [MXL XSTSKVETL] 8LI ZEPPI]W EVI HSQMREXIH [MXL TYVI GLYROW SJ
WLETIH TEVO GSRWMWXMRK SJ X[S PSFIW GSRRIGXIH XLVSYKL WEP 3R WPSTIW ERH TPEXIEYW XLI TVSTSVXMSR SJ WEP VIHYGIW [LIVI
GSQTEVEXMZIP] REVVS[ GSVVMHSVW IRGSQTEWWIW ER EVIE SJ MX MW VITPEGIH F] QM\IH JSVIWX 7SQI SJ XLI QEQQEPMER WTIGMIW
7U /Q WMKLXIH [IVI KEYV &SW KEYVYW [MPH HSK 'YSR EPTMRYW [MPH FSEV
7YW WGVSJE NYRKPI GEX *IPMW GLEYW 6LIWYW QEGEUYI 1EGEGE
/ERLE [EW IWXEFPMWLIH EW 7ERGXYEV] MR [MXL ER EVIE SJ QYPEXXE PERKYV 4VIWF]XMW IRXIPPYW FPEGOFYGO %RXMPSTI GIVZMGETVE
7U /Q MR &ERKEV ZEPPI] WMQMPEVP] 7YTOLEV WERGXYEV] [EW WEQFLEV 'IVZYW YRMGSPSV W[EQT HIIV 'IVZYW HYZEYGIPM GLIIXEP
GSRWXMXYXIH MR [MXL ER EVIE SJ 7U /Q MR ,EPSR ZEPPI] %\MW E\MW ERH FEVOMRK HIIV 1YRXMEGYW QYRXNEO
XS[EVHW IEWX SJ /ERLE WERGXYEV] 0EXIV SR 7YTOLEV WERGXYEV]
[EW HIRSXMJMIH MR SR EGGSYRX SJ EPPIKIH HEQEKI GEYWIH F] % XSXEP RYQFIV SJ WTIGMIW SJ FMVHW FIPSRKMRK XS JEQMPMIW
[MPH ERMQEPW XS GVSTW HSQIWXMG GEXXPI ERH VIKIRIVEXMSR SJ JSVIWX [IVI WMKLXIH HYVMRK XLI XVMT EQSRK [LMGL WSQI SJ XLI MRXIVIWXMRK
WTIGMIW TEVXMGYPEVP] 7EP 7LSVIE VSFYWXE -R XLI WERGXYEV] WTIGMIW [IVI GSQQSR -SVE KSPH JVSRXIH GLPSVSTWMW 8MGOIPP W
[EW IPIZEXIH XS XLI WXEXYW SJ 2EXMSREP 4EVO [MXL ER EVIE SJ JP]GEXGLIV ERH 8MGOIPP WJPS[IVTIGOIV EPPSJ [LMGL- WE[JSV XLI
7U /Q -R XLI EVIE SJ 2 4 [EW JYVXLIV I\XIRHIH XS 7U JMVWX XMQI ;LMPI VITSVXW SJ XLI HITPIXMRK ZYPXYVI TSTYPEXMSR EVI
/Q XS[EVHW IEWXIVR WMHI IRGSQTEWWMRK XLI EVIE SJ IVWX[LMPI WXIEHMP] MRGVIEWMRK [I WE[ E RIWX SJ -RHMER [LMXIFEGOIH ZYPXYVI
7YTOLEV WERGXYEV] 8LYW XLI TVIWIRX HE] /24 IRGSQTEWWIW E [MXL X[S GLMGOW [LMGL [EW ER MRXIVIWXMRK WMKLX EW XLI TEVIRXW
2I[WPIXXIV JSV &MVH[EXGLIVW
[IVI FYW] JIIHMRK XLI GLMGOW 3R SRI SGGEWMSR E JPSGO SJ 'SQQSR7ERHTMTIV 8VMRKEL]TSPIYGSW 'LEVEHVMMHEI
VIHZIRXIH FYPFYPW [IVI WIIR JIIHMRK [MXL LSYWI GVS[W ERH [LMXI -RHMER6MZIV8IVR 7XIVREEYVERXME 0EVMHEI
I]IW 8LI JIIHMRK JVIR^] PEWXIH JSV EFSYX ER LSYV YRXMP XLI =IPPS[PIKKIH+VIIRTMKISR 8VIVSRTLSIRMGSTXIVE 'SPYQFMHEI
GEGSTLSRSYW JPSGO SJ NYRKPI FEFFPIVW [LMGL WIIQIH XS ERRSYRGI &PYI6SGO4MKISR 'SPYQFEPMZME 'SPYQFMHEI
XLIMV TVIWIRGI EPWS HMWXYVFIH XLIQ 8LI QSWX GSQQSR WTIGMIW 6MRK(SZI 7XVITXSTIPMEHIGESGXS 'SPYQFMHEI
[IVI EWL] HVSRKS LSYWI GVS[ VIHZIRXIH FYPFYP KVI] LSVRFMPP 7TSXXIH(SZI 7XVITXSTIPMEGLMRIRWMW 'SPYQFMHEI
FVS[R JP]GEXGLIV ERH ]IPPS[GLIIOIH XMX XS REQI E JI[ %QSRK 0MXXPI&VS[R(SZI 7XVITXSTIPMEWIRIKEPIRWMW 'SPYQFMHEI
XLI YRGSQQSR WTIGMIW WSQI SJ XLIQ [IVI IQIVEPH HSZI KSPH )QIVEPH(SZI 'LEPGSTLETWMRHMGE 'SPYQFMHEI
JVSRXIH GLPSVSTWMW GLIWXRYXLIEHIH FIIIEXIV ERH [MVIXEMPIH %PI\ERHVMRI4EVEOIIX 4WMXXEGYPEIYTEXVME 4WMXXEGMHEI
W[EPPS[ -X GER FI GSRGPYHIH XLEX XLI FMVHPMJI SJ /24 MW UYMXI VMGL 6SWIVMRKIH4EVEOIIX 4WMXXEGYPEOVEQIVM 4WMXXEGMHEI
ERH E XSXEP RYQFIV SJ WTIGMIW SJ FMVHW EVI VIGSVHIH JVSQ &PSWWSQLIEHIH4EVEOIIX 4WMXXEGYPEG]ERSGITLEPE 4WMXXEGMHEI
LIVI XMPP )VMG ( 'YRLETIVWGSQQ
8LSYKLPEVKIRYQFIVW 4MIH'VIWXIH'YGOSS 'PEQEXSVNEGSFMRYW 'YGYPMHEI
SJ XSYVMWXW GSQMRK XS /24 EVI OIIR FMVH[EXGLIVW WS JEV XLIVI 'SQQSR,E[O'YGOSS 'YGYPYWZEVMYW 'YGYPMHEI
LEW FIIR RS GLIGOPMWX TYFPMWLIH JSV VIEH] VIJIVIRGI 'VS[4LIEWERXSV'SYGEP 'IRXVSTYWWMRIRWMW 'YGYPMHEI
'LIGOPMWX SJ FMVHW SJ /ERLE 2EXMSREP 4EVO 1EHL]E 4VEHIWL 7GSTW3[P 3XYWWGSTW 7XVMKMHEI
7TSXXIH3[PIX %XLIRIFVEQE 7XVMKMHEI
'SQQSR 2EQI 7GMIRXMJMG 2EQI *EQMP]
-RHMER.YRKPI2MKLXNEV 'ETVMQYPKYWMRHMGYW 'ETVMQYPKMHEI
0MXXPIKVIFI 4SHMGITWVYJMGSPPMW 4SHMGMTIHMHEI ,SYWI7[MJX %TYWEJJMRMW %TSHMHEI
'SVQSVERX 4LEPEGVSGSVE\GEVFS 4LEPEGVSGSVEGMHEI 7QEPP&PYI/MRKJMWLIV %PGIHSEXXLMW %PGIHMRMHEI
-RHMER7LEK 4LEPEGVSGSVE\JYWGMGSPPMW 4LEPEGVSGSVEGMHEI ;LMXIFVIEWXIH/MRKJMWLIV ,EPG]SRWQ]VRIRWMW %PGIHMRMHEI
0MXXPI'SVQSVERX 4LEPEGVSGSVE\ RMKIV 4LEPEGVSGSVEGMHEI 'LIWXRYXLIEHIH&IIIEXIV 1IVSTWPIWGLIREYPXM 1IVSTMHEI
+VI],IVSR %VHIEGMRIVIE %VHIMHEI 7QEPP+VIIR&IIIEXIV 1IVSTWSVMIRXEPMW 1IVSTMHEI
4YVTPILIVSR %VHIETYVTYVIE %VHIMHEI -RHMER6SPPIV 'SVEGMEWFIRKEPIRWMW 'SVEGMHEI
4SRH,IVSR %VHISPEKVE]MM %VHIMHEI ,SSTSI 9TYTEITSTW 9TYTMHEI
'EXXPI)KVIX &YFYPGYWMFMW %VHIMHEI +VI],SVRFMPP 8SGOYWFMVSWXVMW &YGIVSXMHEI
0MXXPI)KVIX )KVIXXEKEV^IXXE %VHIMHEI 0EVKI+VIIR&EVFIX 1IKEPEMQE^I]PERMGE 'ETMXSRMHEI
4EMRXIH7XSVO 1]GXIVMEPIYGSGITLEPE 'MGSRMMHEI 'VMQWSRFVIEWXIH&EVFIX 1IKEPEMQELEIQEGITLEPE 'ETMXSRMHEI
3TIRFMPP7XSVO %REWXSQYWSWGMXERW 'MGSRMMHEI 0IWWIV+SPHIRFEGOIH (MRSTMYQFIRKLEPIRWI 4MGMHEI
;LMXIRIGOIH7XSVO 'MGSRMEITMWGSTYW 'MGSRMMHEI ;SSHTIGOIV
&PEGO7XSVO 'MGSRMERMKVE 'MGSRMMHEI =IPPS[JVSRXIH4MIH 4MGSMHIWQELVEXXIRWMW 4MGMHEI
;LMXI-FMW 8LVIWOMSVRMWEIXLMSTMGE 8LVIWOMSVRMXLMHEI ;SSHTIGOIV
&PEGO-FMW 4WIYHMFMWTETMPPSWE 8LVIWOMSVRMXLMHEI
4MKQ];SSHTIGOIV 4MGSMHIWRERYW 4MGMHEI
-RHMER4MXXE 4MXXEFVEGL]YVE 4MXXMHEI
+VI]PEK+SSWI %RWIVERWIV %REXMHEI
7[EPPS[ ,MVYRHSVYWXMGE ,MVYRHMRMHEI
6YHH]7LIPHYGO 8EHSVREJIVVYKMRIE %REXMHEI
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1EKTMI6SFMR 'STW]GLYWWEYPEVMW 1YWGMGETMHEI ;LMXI;EKXEMP 1SXEGMPPEEPFE 1SXEGMPPMHEI
7LEQE 'STW]GLYWQEPEFEVMGYW 1YWGMGETMHEI 0EVKI4MIH;EKXEMP 1SXEGMPPEQEHIVEWTEXIRWMW 1SXEGMPPMHEI
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SJ LIHKILSK RMKLXNEV GSQQSR FEFFPIV WQEPP -RHMER GMZIX ERH E KVEWW PIZIP 8LI LSVM^SR LEH HEVO VEMR GPSYHW [LMGL KEZI E
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VIJYKI MR XLIWI PEOIW HYVMRK [MRXIV EPSRK [MXL SXLIV WLSVI FMVHW
6ENEWXLER JYVXLIV VIGSVHW 2I[WPIXXIV JSV &MVH[EXGLIVW
PMOI GSQQSR WERHTMTIV [SSH WERH TMTIV FPEGO XEMPIH KSH[MX
WRMTIW WXMPXW ERH [EKXEMPW 8LMW ]IEV HYI XS JEMPYVI SJ QSRWSSR
EPP XLIWI PEOIW LEZI HVMIH YT VIWYPXMRK MR XLI RSREVVMZEP SJ
'366)7432()2') [MRXIVMRK [EXIVJS[P
;MXL KVIEX WEHRIWW [I [EXGLIH XLI HVMIH YT FSXXSQ SJ 2EVIKEP
7-+,8-2+ 3* :90896)7 %1/ &LEVSW& +E]EXLVMREKEV PEOI )ZIV ER STXMQMWX ERH RSX SRI XS PSWI LIEVX - WGERRIH XLI
43 7LEROIVREKEV6EMTYV '+ SXLIV IRH SJ XLI PEOI SRP] XS FI KVIIXIH F] XLI WTIGXEGYPEV WMKLX
8LI -RHMER [LMXI FEGOIH ZYPXYVI +]TW FIRKLEPIRWMW
ERH SXLIV SJ HIQSMWIPPI GVERIW VSSWXMRK MR XLI EJXIVRSSR 8LI HIQSMWIPPI
MW SRI SJ XLI QSWX IPIKERX ERH GLEVQMRK GVERIW 8LI : JSVQEXMSR
ZYPXYVIW LEZI FIGSQI WS VEVI XLEX XLI] LEZI XSXEPP] HMWETTIEVIH
JPMKLX SJ XLI HIQSMWIPPI MW MRHIIH E WMKLX XS FILSPH
JVSQ GIVXEMR EVIEW IZIR MR XLMW VIKMSR ERH WMKLXMRK SJ IZIR E
WSPMXEV] FMVH GEYWIW E PSX SJ I\GMXIQIRX &EVLIEHIH KIIWI EX 1EKEHM
3R XL (IGIQFIV - VIGIMZIH E TLSRI GEPP JVSQ
-R XLI VIGIRX TEWX JSPPS[MRK WMKLXMRKW [IVI VIGSVHIH
7LVM :MNE] 1SLER 6EN ('* +EHEK VIUYIWXMRK SYV FMVHMRK KVSYT
3R 3GXSFIV E KEXLIVMRK SJ FMVHW [EW SFWIVZIH WSEVMRK
XS FI TVIWIRX EX 1EKEHM PEOI XS XEOI XLI [MRXIV GIRWYW
RIEV ZMPPEKI 7LMVTYV &EKLREHM WMXYEXIH SR 6EMTYV 2EKTYVVSEH
%GGSQTERMIH F] 1V 4VEOIWL 8SRWLEP [I EVVMZIH EX XLI PEOI SR
2,
8LMW KEXLIVMRK GSQTVMWIH FMVHW SYX SJ [LMGL [IVI
XL (IGIQFIV EX EQ %JXIV XLI HMWQEP WGIREVMS EX
-RHMER [LMXIFEGOIH ZYPXYVIW E OMRK ZYPXYVI ERH SRI [EW TSWWMFP]
2EVIKEP
,IKKIVM PEOI [I [IVI RSX I\TIGXMRK QYGL JVSQ 1EKEHM
ER -RHMER PSRKFMPPIH ZYPXYVI 8LI] [IVI QSZMRK E[E] ERH E JI[
PEOI WS MX [EW E TPIEWERX WYVTVMWI XS FI KVIIXIH F] XLVII PEVKI
SJ XLIQ [IVI MR XLI TVSGIWW SJ HIWGIRHMRK WYKKIWXMRK XLI
JPSGOW SJ FEV LIEHIH KIIWI 4VSGIIHMRK XS XLI SXLIV WMHI SJ XLI
TVIWIRGI SJ E GEVGEWW ERH QSVI FMVHW XLIVI
PEOI [I WTSXXIH FVELQMR] HYGOW ERH GSQQSR XIEPW JIIHMRK
)EVPMIV MR XLI QSRXL SJ 1EVGL HYVMRK WYVZI] SJ -&% WMXIW E MR XLI PEOI % PSRK ERH REVVS[ IEVXLIR IQFEROQIRX FYMPX F] XLI
RIWXMRK GSPSR] SJ -RHMER [LMXIFEGOIH ZYPXYVIW [MXL JSYV EGXMZI JSVIWX HITX [EW XLI TIVGLMRK TSWX JSV E JPSGO SJ FPEGO MFMW
RIWXW [EW PSGEXIH RIEV ZMPPEKI 6EQTYV MRWMHI &EVRE[ETEVE 2SW
ERH VMZIV XIVRW STIR FMPPIH WXSVOW GSQF HYGOW RS
;MPHPMJI 7ERGXYEV] MR 6EMTYV HMWXVMGX '+ %VSYRH XLMW PSGEPMX] E EHYPX QEPIW [MXL TVSQMRIRX GSQF
GEXXPI IKVIXW [SSP] RIGOIH
KEXLIVMRK SJ FMVHW MW VIKYPEVP] WIIR WXSVOW [IVI EPWS YWMRK XLMW IQFEROQIRX EW XLIMV TIVGLMRK TPEGI
;I WXEVXIH SYV ERRYEP VMXYEPMWXMG FEVLIEHIH KIIWI GSYRX ERH
238)7 32 %(.98%28 7836/7 %2( &%6,)%()( +))7) EFERHSRIH XLI I\IVGMWI EW GSYRXMRK MRHMZMHYEP FMVHW [SYPH XEOI
-2 2368, /%62%8/% +YVYREXL (IWEM WX JPSSV %WLSO QSWX SJ SYV XMQI -RWXIEH YWMRK FPSGO QIXLSH [I IWXMQEXIH XLI
2EKEV ,YFPM TSTYPEXMSR XS FI ;I [IVI XSPH XLEX XLI RYQFIV W[IPPW XS
MR XLI IZIRMRKW 8LI LMKL RYQFIV SJ FEVLIEHIH KIIWI
%HYNXERX 7XSVO EX ,SRRETYV 8ERO XLMW ]IEV MW EXXVMFYXIH XS XLI GSRGIRXVEXMSR SJ XLIWI KIIWI EX
3R 7EXYVHE] XLI XL (IGIQFIV - [MXL Q] FMVHIV JVMIRH 1V 1EKEHM PEOI HYI XS XLI HV]MRK YT SJ 2EVIKEP XERO XLIMV XVEHMXMSREP
4VEOEWL 8SRWLEP [IVI SR E TVIPMQMREV] WYVZI] SJ QMKVEXSV] LEYRX
[EXIVJS[P SJ (LEV[EH ERH ,EZIVM HMWXVMGXW %X EQ [LMPI 1EKEHM PEOI LEW X[S MRXIVIWXMRK TSMRXW XS RSXI -X MW PMOI ER] SXLIV
WYVZI]MRK ,SRRETTYV XERO ,EZIVM (MWX OQ JVSQ ,YFPM
ZMPPEKI PEOI [MXL X]TMGEP TVSJMPI ERH ZIKIXEXMSR =IX XLIVI MW
- WTSXXIH E WSPMXEV] PIWWIV %HNYXERX WXSVO 0ITXSTXMPSW NEZERMGYW
GSQTPIXI EFWIRGI SJ PMXXPI KVIFIW SRI SJ SYV GSQQSRIWX FMVHW MR
7MRGI XLMW [EW Q] JMVWX WMKLXMRK SJ XLMW LMKLP] IRHERKIVIH WTIGMIW EPP ZMPPEKI XEROW %RSXLIV TSMRX SJ MRXIVIWX MW XLI EFWIRGI SJ
XS FI EFWSPYXIP] GIVXEMR - VIJIVVIH XS 7EPMQ %PM W&SSOSJ-RHMER [MRXIVMRK [EHIVW E JI[ PMXXPIVMRKIH TPSZIVW ERH WMRKPI WRMTI
FMVHW ERH GSRJMVQIH XLI JMIPH GLEVEGXIVW >SSQMRK MR Q] 7EQWYRK MRWTMXI SJ LEZMRK E KVEHYEPP] VIGIHMRK PEOI WLSVI [MXL WSJX ERH
FMRSGYPEVW - RSXIH XLI KPSWW] QIXEPPMG FEGO [LMXI YRHIVTEVXW QSMWX QYH KVEWWPERHW MWPERHW ERH WERHFEVW LEFMXEX [LMGL EVI
ERH ]IPPS[ PIEXLIV] RIGO GSRHYGMZI JSV [EHIVW
8LI PIWWIV EHNYXERX MW E VEXLIV YKP] PSSOMRK FMVH [MXL ER EMV SJ 7LVII :MNE] 1SLER 6EN XLI H]REQMG ('* SJ +EHEK LEW TYX MR
TIVTIXYEP WEHRIWW EFSYX MX 3PHXMQI FMVHIVW VIGEPP XLEX E WSPMXEV] GSRWMHIVEFPI IJJSVX XS[EVHW GSRWIVZEXMSR SJ XLMW [IXPERH ,I MW
PIWWIV EHNYXERX YWIH XS FI WTSXXIH MRJVIUYIRXP] EVSYRH ,SRRETYV EGXMZIP] MRXIVEGXMRK [MXL XLI PSGEP =YZE 1ERHEP [LS EVI IZMRGMRK
PEOI ;MXL XLEX MR QMRH - LEH OITX WIEVGLMRK JSV XLMW WXSVO JSV XLI QYGL MRXIVIWX MR XLI PEOI ERH XLI FMVHW XLIVIMR 8LMW EYKYVW [IPP
TEWX ]IEVW JSV XLI FMVHW
2I[WPIXXIV JSV &MVH[EXGLIVW
8LI JSVIWX HITX LEW QEHI E QMRMKEVHIR ERH LEW TYX FIRGLIW %R] RYQFIV SJ ZMWMXSVW XS Q] LSQI LEZI FIIR [MXRIWW XS XLI
JSV XLI EZMH FMVH[EXGLIVW ERH JSV XLI FIRIJMX SJ PE]QIR TYX YT E ERXMGW SJ XLI FMVH [LMGL SR SGGEWMSRW ETTIEVIH XS TPE] KEQIW
PEVKI FSEVH [MXL TEMRXMRK ERH HIWGVMTXMSR SJ XLI FMVHW ZMWMXMRK [MXL XLI HSKW 8LI VIUYMVIQIRX SJ XLI FMVH [EW XLEX SRI SJ YW
1EKEHM ;MWL [I LEH QSVI SJJMGIVW PMOI :MNE] 1SLER VIWXVEMR XLI LSYRH F] LSPHMRK MXW GSPPEV [LMPWX XLI FMVH [IRX EFSYX
MXW EFPYXMSRW 3RGI SV X[MGI XLI FMVH [SYPH GLEWI XLI HSK E[E]
JVSQ IPWI[LIVI XS[EVHW YW WS XLEX XLI HSK GSYPH FI LIPH 3ZIV
'311)287 32 8,) 2);70)88)6 %EWLIIWL 4MXXMI XLI ]IEVW - LEZI EXXIQTXIH XS TLSXSKVETL XLI FMVH FYX FEH GEQIVE
6SEH 2S &ERNEVE ,MPPW ,]HIVEFEH -RHME ERH TSSV GEQIVEQERWLMT VYMRIH Q] IJJSVXW 0EWX 1E] XLI
8LI 2I[WPIXXIV JSV 7ITXIQFIV3GXSFIV :SP 2S EVVMZIH TVIQSRWSSR SJ - QEREKIH XS WRET XLI FMVH JVSQ LEVHP]
]IWXIVHE] %W YWYEP ZIV] IRNS]EFPI ERH MRJSVQEXMZI JIIX E[E] 0MXXPI HMH - VIGOSR XLIR XLEX XLMW [EW XLI PEWX GEPP SJ XLI
7RILEP 4EXIP WEVXMGPISRFMVH[EXGLMRKMR +YNEVEXQEOIWKVIEX KVERH FMVH 8LI HIZIPSTIH JMPQ WIRX LIVI [EW XEOIR XLIR
VIEHMRK - LEZI [MXRIWWIH WMQMPEV FILEZMSYV SJ =IPPS[[EXXPIH 8LI 4EVEHMWI LEH WIIR Q] MRJERX HEYKLXIV KVS[ JVSQ E XSHHPIV
PET[MRKW RIEV ,]HIVEFEH 8LI] NYWX [SR X KIX SJJ XLI VSEH XS E XIVQTIVEQIRXEP XIIREKIV LEW [EXGLIH QI KVEHYEXI JVSQ E
- [SRHIV [LEX XLI VIEWSR MW 7RILEP WTMGXYVIWSJHVSRKSTIVGLIH X[S [LIIPIV XS E GEV WIIR SYV LSYWI QIXEQSVTLSWI YRHIV ]YTTMI
SR WLIIT QMKLX QEOI ER MRXIVIWXMRK GSZIV JSV E JYXYVI MWWYI SJ MRJPYIRGI JVSQ E HIVIPMGX SPH XMPI VSSJIH XIRIQIRX XS E REXXMP]
XLI 2I[WPIXXIV QEMRXEMRIH GSXXEKI MX LEH WIIR XLI EHZIRX ERH I\MX SJ +VIEX
%QIIR %LQIH ERH ,EVMWL &LEX WEVXMGPIMWZIV][IPP[VMXXIR=IX- (ERIW &S\IVW ERH (EGWLYRHW ERH WYGGIIHIH MR IHYGEXMRK
[SRHIV [LIXLIV XLIMV YWI SJ VEMRJSVIWX IZIVKVIIRJSVIWXWPSTIW Q] 6ENETEPE]EQW MRXS FIGSQMRK FMVHHSKW SJ E QSVI KIRMEP OMRH
ERH QSMWXHIGMHYSYWJSVIWX XSHIWGVMFIXLIWEQIXVEGXSJLEFMXEX )ZIV] HE] - [EMX JSV XLI XIPPXEPI GLMVVYTW FYX - LIEV XLIQ RS QSVI
MW GSVVIGX +SRI MW XLI FMVH MXW XEMP PIEZMRK E HMZMRI IXLIVIEP WMKREXYVI MR Q]
62 (IWEM ERH +7 /EPPYV WRSXISRFMVHWSJ(LEV[EVHVIGSVHW KEVHIR
XLI WMKLXMRK SJ 2MRIEHYPXKVIEX[LMXIFIPPMIHLIVSRWEPSRK[MXL
JSYV TYVTPI LIVSRW % .YZ
-LEZIQ]VIWIVZEXMSRWEFSYX %2 %00 &0%'/ '63; 4,)%7%28 (V %VYREGLEPEQ /YQEV
XLMW MHIRXMJMGEXMSR %VHIE MRWMKRMW" LEW E HMWXVMFYXMSR MR 2) -RHME /EWXYVFE 1IHMGEP 'SPPIKI 43 &S\ 0MKLX ,SYWI ,MPP 6SEH
% WSPMXEV] VIGSVH JVSQ 4SMRX 'EPMQIVI F] 7YKEXLER IX EP 1ERKEPSVI
.&2,7
EPWS WIIQW HSYFXJYP XS QI IZIR XLSYKL
XLI] WE] XLEX ;LMPI HVMZMRK EPSRK XLI )EWXIVR WMHI SJ XLI % HIRWI TEXGL SJ WLVYFFIV] XLEX EFYXW Q] 1ERKEPSVI VIWMHIRGI
WERGXYEV] (V 7EPMQ %PM MHIRXMJMIH SRI FMVH EQSRK E QM\IH JPSGO SJ LEW HIWTMXI XLI VETEGMSYWRIWW SJ GMX] HIZIPSTIVW VIQEMRIH
IKVIXW ERH KVI] LIVSRW EX E HV]MRK [EXIV LSPI EW %VHIE MRWMKRMW" MWSPEXIH ERH YRHMWGSZIVIH 8LMW ZIVHERX )HIR LEW KMZIR QI E
(YVMRK (IGIQFIV EKEMR MX [EW VIGSVHIH -WMXTVIWYQTXYSYW TPIXLSVE SJ HEXE SR YVFER EZMJEYREP [IEPXL QEXIVMEP WYJJMGMIRX
XS HIHYGI XLEX 7EPMQ %PM [SYPH LEZI TYFPMWLIH XLEX VIGSVH LEH IRSYKL JSV QI XS [VMXI VIKYPEVP] SR E WMKLXMRK SV X[S SJ RSXI XS
LI FIIR VIEPP] GSRJMHIRX EFSYX MX# 8LI] [IVI EJXIV EPP HVMZMRK TEWX XLI 2I[WPIXXIV SV SXLIV MRXIVRIX FEWIH REXYVEP LMWXSV] WMXIW 3R
XLI QM\IH JPSGO [LIR XLI] WE[ XLI FMVH [LMGL MW RSX ER IEW] XL (IG EX EVSYRH %1 - WE[ E PEVKI GPYQW] FMVH LMT
WMXYEXMSR JSV MHIRXMJMGEXMSR 8LI EYXLSVW SJ XLI TVIWIRX TETIV WLSYPH LSTTMRK SR XLI PS[ WLVYFW 8LI FMVH [EW YRQMWXEOEFP] E GVS[
XV] ERH FI I\XVE ZMKMPERX JSV XLMW WTIGMIW EW SXLIV FMVHIVW MR XLEX TLIEWERX ' WMRIRWMW
SV GSYGEP 8LI WM^I WLETI ERH JMHKIXX]
EVIE
MR JYXYVI (V 9XXERKM WGSQQIRXWSRXLMWQMKLXWLIHWSQI QSZIQIRXW JERRMRK XEMP ERH XMTSZIV KEMX EPP XIPP XEPI MHIRXMJMGEXMSR
PMKLX QEVOIVW JSV XLI GSYGEP [LEX [EW EWXSYRHMRK EFSYX XLI FMVH [EW
XLEX MX [EW IRXMVIP] FPEGO MR GSPSYV 2S GLIWXRYX LYIH [MRKW EPP
7 7 1ELIWL WWLSVXGSQQYRMGEXMSRSR&PEGOLIEHIH1YRMEWMR
FPEGO
&EVIMPP] LEW QI JS\IH %GGSVHMRK XS 'SQTEGX ,ERHFSSO %PM
6MTPI]
XLIWI FMVHW WLSYPH LEZI FPEGO YRHIV XEMP GSZIVXW 5YMXI JPYQQS\IH - TYX XLI WMKLXMRK SR XLI RIX ERH TVSRXS - LEH
1ELIWL VITSVXW XLIQ EW HIITVIHHMWLFVS[R SRXLIX[SFMVHW E GEPP JVSQ 1V 7% ,YWWEMR &2,7 ERH ZYPXYVIWGEVGMX]Q]JSSX
LI WE[ -J XLI FMVHW LI WE[ LEH FIIR H]IH XLIR XLI [LMXI SJ XLI JEQI
E [IPP[MWLIV ERH KYMHI [LS WGLSSPIH QI SR WSQI
FVIEWX ERH WMHIW [SYPH EPWS LEZI XEOIR XLI GSPSYV 8LMW HSIW RSX MRJSVQEXMSR XLEX MRXIV EPME GSRJMVQIH Q] SFWIVZEXMSRW JMXXIH [MXL
WIIQ XS FI XLI GEWI -W XLIVI ER MRXIVQIHMEXI TPYQEKI FIX[IIR XLI VEVI FYX ORS[R QIPERMWXMG QSVTLW MR GYGYPMJSVQIW
XLEX SJ XLI NYZIRMPI ERH XLI EHYPX XLEX LEW RSX FIIR VIGSVHIH
FIJSVI#
2)78-2+ &),%:-396 3* 4%-28)( 7836/7 ,EVMWL 6 &LEX
'IRXVI JSV )GSPSKMGEP 7GMIRGIW -RHMER -RWXMXYXI SJ 7GMIRGI
0%78 '%00 3* 8,) 4%6%(-7) * 0='%8',)6
&ERKEPSVI
(V %VYREGLEPEQ /YQEV /EWXYVFE 1IHMGEP 'SPPIKI 43 &S\
0MKLX ,SYWI ,MPP 6SEH 1ERKEPSVI /EKKEPEHY E WQEPP ZMPPEKI MR 8YQOYV HMWXVMGX LEW KEMRIH EXXIRXMSR
SJ QER] FMVH [EXGLIVW ERH REXYVI PSZIVW JSV LEZMRK WIEWSREP
% WSPMXEV] TEVEHMWI JP]GEXGLIV XLEX JVIUYIRXIH Q] JMWL TSRH MR
1ERKEPSVI JSV [IPP RMKL IPIZIR ]IEVW XLVMGI E HE] IZIV]HE] ZMWMXSVW TEMRXIHWXSVOW WMRGIJSYV]IEVW8LMW[EWQ]WIGSRH
I\GITX HYVMRK XLI QSRWSSRW LEW HMWETTIEVIH RS[ 8LMW ]IEV ZMWMX XS XLI EVIE ERH - [EW [MXL Q] JVMIRH (V %QIIR %LQIH SJ
TSWXQSRWSSR XLI VIXYVR SJ XLI FMVH LEW RSX SGGYVVIH 8LI FMVH ;MPHPMJI %[EVI 2EXYVI 'PYF XS WII LS[ QER] TEMRXIH WXSVOW LEZI
E TVM^I WTIGMQIR SJ XLI WTIGMIW WTSVXIH PSRK WXVIEQIVW ERH ZMWMXIH ERH EVI FVIIHMRK GYVVIRXP] 8LI ZMPPEKIVW LEZI KVIEX
LEH QEHI MXWIPJ UYMXI EHITX EX QSHYPEXMRK XLI VIWMHIRXMEP EJJIGXMSR XS[EVHW XLIWI WIEWSREP ZMWMXSVW ERH IRGSYVEKI XLIMV
QSZIQIRX XMQI XEFPI XS WYMX MXW EUYEXMG WSVXMIW 7S JEQMPMEV [EW MX ZMWMXMRK KMZMRK PIWW TVMSVMX] JSV XLIMV MRGSQI JVSQ XEQEVMRH
[MXL XLI VIWMHIRXW XLEX MX [SYPH UYMXI FSPHP] ERRSYRGI MXW EVVMZEP
ERH JSPPS[ MXW VMXYEPMWXMG FEXLMRK I\IVGMWI IZIR MR XLI TVIWIRGI SJ -X [EW E ZIV] TMGXYVIWUYI WMKLX XS WII LYRHVIHW SJ TEMRXIH WXSVOW
Q] 6ENETEPE]EQ HSKW WXERHMRK WM\ XS XIR JIIX E[E] 8LI JEQMP] KEXLIVMRK SR JMZI WXVSRK ERH WXYVH] XEQEVMRH XVIIW MR XLI QMHWX SJ
[EW EPPS[IH IZIR GPSWIV ERH [I GSYPH WMX SR XLI JMWLTSRH WPIHKI XLI LYQER LEFMXEXMSR 7SQI SJ XLIQ [IVI JIIHMRK XLIMV GLMGOW
[LMPI MX HMZIH ERH GLMVVYTTIH XS LIEVXW GSRXIRX [MXL JMWL ERH E JI[ SXLIVW [IVI MRGYFEXMRK XLIMV IKKW -X [EW MRHIIH
RMGI XS WII WSQI SJ XLIQ XEOMRK E KVIEX XYVR LMKL SR XLI WO] ERH LSYWI GER FI HIWGVMFIH EW PMKLXP] [SSHIH HIGMHYSYW WS - [SRHIV
WPS[P] TIVGLMRK SR XLIMV VIWTIGXMZI RIWXFIEVMRK FVERGLIW 8LIVI [LEX XLIWI FMVHW [IVI HSMRK LIVI 'SYPH XLIWI FMVHW LEZI GSQI
[IVI KVI] LIVSRW %VHIE GMRIVIE
MR JI[ RYQFIVW SR XLI WEQI JVSQ GSSPIV IZIVKVIIR JSVIWXW XS WTIRH [MRXIV MR XLI [EVQIV
XVII 1] EXXIRXMSR [EW HVEKKIH F] SRI SJ XLI TEMRXIH WXSVOW QEPI
GPMQEXI LIVI # - [SYPH PMOI XS ORS[ MJ SXLIV FMVH[EXGLIVW LEZI
[LMGL [EW WMXXMRK SR E 4SVXME XVII 8LIWTIWME TSTYPRIE
ERH XV]MRK WIIR XLMW FMVH MR XLMW EVIE (/ HMWXVMGX SJ /EVREXEOE
EX XLMW XMQI
XS GYX SJJ XLI PIEJFIEVMRK X[MK [MXL MXW TS[IVJYP FVSEH FIEO - ERH EPWS MJ XLI] WII MX VIKYPEVP] MR [MRXIV 8LMW MW XLI JMVWX [MRXIV -
[EXGLIH GEVIJYPP] EW MX GYX XLI X[MK ERH JPI[ XS MXW RIWX SR XLI LEZI WIIR XLIWI FMVHW LIVI - HMH RSX WII XLIQ XLI RI\X 7YRHE]
XEQEVMRH XVII 8LIVI [EW E JIQEPI WXSVO [LMGL KVEFFIH XLI X[MK XL
ERH RIMXLIV SR XLI JSPPS[MRK 7YRHE] VH
FYX SR 'LVMWXQEW
JVSQ XLI QEPI WFIEOTYXMXHS[RMRWMHIXLIRIWXERHWTVIEHMX HE] - HMH WII XLIQ EKEMR 8LI] [IVI JSVEKMRK MR XLI WEQI TPEGI
[MXL MXW JIIX 8LMW FILEZMSV [EW SFWIVZIH [MXL SXLIV MRHMZMHYEPW EW FIJSVI ERH XLIVI [IVI XLVII SJ XLIQ
XSS 7SQI SJ XLIQ [SYPH KEXLIV HV] X[MKW FVERGLIW JVSQ XLI 8LMW [MRXIV TEVEHMWI JP]GEXGLIVW EVI GSRWTMGYSYW F] XLIMV
RIEVF] GVST JMIPH ERH XVIIW F] I\EGXP] QIEWYVMRK XLI WM^I SJ XLI EFWIRGI - KIRIVEPP] WII WIZIVEP RIEV Q] LSYWI FIX[IIR
X[MK [MXL MXW FIEO 8LMW OMRH SJ FILEZMSV [EW UYMXI MRXIVIWXMRK EW (IGIQFIV ERH *IFVYEV] FYX WS JEV XLMW [MRXIV - LEZIR XWTSXXIHE
XLI] [IVI WXVIRKXLIRMRK XLIMV RIWXW [MXL XLI EZEMPEFPI QEXIVMEPW WMRKPI SRI
RIEVF] [MXL QYGL GEVI ERH WIPIGXMSR 8LI WYR [EW WIXXMRK ERH
XLI FMVHW [IVI KEXLIVMRK EX XLIMV RIWXW [LMGL QEHI YW VIEPM^I
XLEX [I LEH XS VIXYVR LSQI &-6(7 -2 7%6-7/% 0X +IRIVEP &EPNMX 7MRKL ,SYWI
8LI JSPPS[MRK MW E PMWX SJ XLI HMJJIVIRX TPERX QEXIVMEPW [LMGL XLI] 7IGXSV % 'LERHMKEVL
WIPIGXIH JSV FYMPHMRK XLIMV RIWX (V % / +YTXE WEGGSYRXSJLMWZMWMXXSXLI7EVMWOE8MKIV6IWIVZI
7SYVGI SJ TPERX QEXIVMEPW X[MKW PIEZIW ERH FVERGLIW
YWIH JSV 20&; :SP 2S 7ITX3GX TEKI
MRWXERXP] TYX QI
FYMPHMRK XLI RIWX SR XLI JEWXVIZIVWI QIQSV] QSHI GVS[HIH [MXL [MPHPMJI
IRGSYRXIVW XLIVI &YX - [EW MRXVMKYIH [LIVI LI XEPOW EFSYX X[S
7TIGMIW 'SQQSR REQI *EQMP] FMVHW RIEV %P[EV XS[R SR XLI QYH FSYRHEV] [EPP SJ E OYXGLE
LSYWI [LMGL LI TVIWYQIH XS FI IMXLIV XLI ,SYFEVE SV XLI PIWWIV
8EQEVMRHYW MRHMGYW 8EQEVMRH 'IEWEPTMRMEGIEI
JPSVMGER - LEZI WTIRX GSYRXPIWW RYQFIV SJ HE]W ERH RMKLXW MR
*MGYW VIPMKMSWE 4IITEP 1SVEGIEI ERH EVSYRH %P[EV ERH MR XLI 7EVMWOE 8MKIV 6IWIVZI FIX[IIR
8LIWTIWME TSTYPRIE 4SVXME XVII 1EPZEGIEI MR ER YRMRXIVVYTXIH WTIPP FYX LEH RS WYGL WMKLXMRKW
7EQERIE WEQER 6EMR XVII 1MQSWEGIEI
4VSWSTMW WTMGMKIVE 1MQSWEGIEI 8LI ,SYFEVE LEH FIIR WXVMGXP] E [MRXIV ZMWMXSV XS 4EOMWXER JVSQ
%^EHMVEGLXE MRHMGE 2IIQ 1IPMEGIEI MXW FVIIHMRK EVIEW QSWXP] MR -VER 7SQI FMVHW HMH VIEGL EW JEV
4SRKEQME KPEFVE -RHMER &IIGL *EFEGIEI ;IWX EW [LEX MW RS[ 6ENEWXLER ERH 4YRNEF 7S JEV EW 4YRNEF MW
'ENERYW GENER 4MKISR TIE *EFEGIEI
GSRGIVRIH XLI ,SYFEVEW [IVI RIZIV WIIR EJXIV GIVXEMRP]
RSX MR XLI XVEHMXMSREP WLSSXMRK EVIEW
% JI[ FMVHW [IVI VITSVXIH
7SVKLYQ ZYPKEVI .S[EV 4SEGIEI
JVSQ LIVI ERH XLIVI YTXS XLI W MR E REVVS[ JVMRKI SJ [IWXIVR
'IPSWME EVKIRXIE 4VMRGI WJIEXLIVW %QEVERXEGIEI 6ENEWXLER GSRXMKYSYW XS XLI 4EOMWXER FSVHIV - HSYFX MJ XLI
,SYFEVEW [IVI IZIV WTSXXIH MR %P[EV RSX IZIR MR XLI HE]W SJ
EFYRHERGI ERH JSV WYVI RIZIV EJXIV XLI W 6IQIQFIV %P[EV
)2.3=-2+ &-6(7 4VEKEXM 2E]EO %EWLMV[EH 7EQTI %V]ETY MW E QIVI OQW JVSQ (IPLM
4SWX 4YXXYV 8EPYO (/ /EVREXEOE =IW XLI PIWWIV JPSVMGER [EW GSQQSR XS ERH E JEZSYVIH KEQI
3R XLI RMRXL SJ XLMW QSRXL (IG - SFWIVZIH XLVII WQEPP FMVHW FMVH MR TEVXW SJ 4YRNEF ERH QSWX SJ 6ENEWXLER 8LMW [EW WS XMPP XLI
JSVEKMRK SR XLI KVSYRH FILMRH Q] LSYWI - [EW EFPI XS MHIRXMJ] W HMQMRMWLIH VETMHP] F] XLI W ERH - HSYFX MJ MX [EW WIIR
XLIQ IEWMP] JVSQ LEZMRK WIIR E TMGXYVI SJ XLIQ MR 'SPPMRW EX EPP XLIVIEJXIV - LIEVH SJ XLIMV PEWX WMKLXMRK MR (IG SR E
,ERHKYMHI XS XLI &MVHW SJ XLI -RHMER 7YFGSRXMRIRX -HIRXMJMIH XLIQ 'LVMWXQEW WLSSX MR [LEX MW RS[ XLI &EXLMRHE HMWXVMGX SJ 4YRNEF
EW &PEGOLIEHIH FEFFPIVW 8LI] [IVI WS [EV] SJ LYQERW XLEX YWMRK GEQIPW ERH LSVWIW EW E
8LIMV FILEZMSYV [EW X]TMGEPP] FEFFPIV PMOI XSWWMRK ERH XYVRMRK VYWI MX [EW EP[E]W ER I\EGXMRK XEWO XS KIX E JI[ FMVHW HVMZIR XS JP]
PIEZIW SR XLI KVSYRH ERH LSTTMRK EFSYX EPP XLI [LMPI GLYVVMRK SZIV XLI PMRI SJ GSRGIEPIH KYRW
;LIR - [IRX LSQI XS VIEH YT EFSYX XLIQ - [EW WYVTVMWIH XLEX 8LIVI MW NYWX RS [E] XLEX IMXLIV SJ XLIWI X[S WTIGMIW SJ FMVHW
XLI FMVH LEW RSX IZIR FIIR QIRXMSRIH MR 7EPMQ %PM W&SSOSJ-RHMER [SYPH IRXIV LYQER LEFMXEXMSR SJ XLI OMRH REVVEXIH F] (V +YTXE
&MVHW 'IRXIREV] )H
-R XLI 'SPPMRW ,ERHKYMHI MX WXEXIW XLEX XLI 1] KYIWW MW XLEX [LEX LI WE[ [IVI X[S FVSSH] LIRW [LS YWYEPP]
FMVH MW ZIV] GSQQSR MR 7VM 0EROE ERH MR XLI PS[PERH ERH LMPP JSVIWXW TYX XLIMV XEMPW YT JERPMOI E PE 0EOE TMKISRW
MR TVSXIWX [LIR
SJ ; ERH 7; -RHME -X OIITW XS XLMGO YRHIVKVS[XL MR VEZMRIW ERH HMWXYVFIH JVSQ XLIMV FVSSHMRK GSVRIVW MR ZMPPEKI LYXW
EPSRK WXVIEQW MR IZIVKVIIR JSVIWXW 8LI ZIKIXEXMSR EVSYRH Q]
)HMXSV >%*%6 *98),%00= 2S 3EO[SSH %TEVXQIRX 'SZIV 1EPI +VIEXXEMPIH +VEGOPI 5YMWGEPYW QI\MGERYW
.EOOEWERHVE 0E]SYX /SVEQERKEPE VH &PSGO XL 1EMR % PEVKI KVEGOPI [MXL MVMHIWGIRX FPEGO [MXL TYVTPI WLIIR SR LIEH
&ERKEPSVI /EVREXEOE -RHME FEGO ERH YRHIV TEVXW 8LMW KVEGOPI LEW E PSRK OIIPWLETIH XEMP
)QEMP ^EJEV$IXLRIX ERH KSPHIR ]IPPS[ I]IW 3GGYVW MR STIR JPEXPERHW [MXL WGEXXIVIH
XVIIW QEVWLIW ERH [IXPERHW MR WSYXL[IWXIVR WXEXIW SJ 2SVXL
4VMRXIH ERH 4YFPMWLIH FMQSRXLP] F] 7 7VMHLEV EX 2EZFLEVEXL %QIVMGE 8LI GEPPW MRGPYHI GPIEV [LMWXPIW ERH PSYH GPEGOW 8LMW
)RXIVTVMWIW 7IWLEHVMTYVEQ &ERKEPSVI -RHME FMVH LEW FIIR VETMHP] I\TERHMRK MXW VERKI RSVXL[EVHW EW [IPP EW
)QEMP REZFEVEX$FPVZWRPRIXMR [IWX[EVHW 4LSXSKVETLIH RIEV MXW RIWX MR %VM^SRE MR %TVMP
*SV 4VMZEXI 'MVGYPEXMSR 3RP] 4LSXS 7 7VMHLEV %647