Lafargue_Paul_Derecho a La Pereza

7/23/2019 Lafargue_Paul_Derecho a La Pereza

http://slidepdf.com/reader/full/lafarguepaulderecho-a-la-pereza 1/31

"#$% &#'#()$*

!" $%&%'() * "* +%&%,*-+ !"#$%&'()* ,"- ,"."'/0 &- %.&1&20 ," ,-.-/

30%& ,"- 4$%0. 5&6(%$-0 7*08 7* ,09:& ,";&;%.0;0<5&6(%$-0 =0;8 >"*,('(0*"; ,"- %.&1&20<5&6(%$-0 ?.";8 @0 A$" ;(9$" &- "B'";0 ," C.0,$''()*

5&6(%$-0 5$&%.08 4 *$"D0 &(."E *$"D& 5&*'()*< 46F*,('"



30%& ,"- 4$%0.

0% 1(2 345*(6,7 *8 *% 6*89 :* %# ;9<565=8 69>(* *86*?#8@# *%*<*8A#% :* ,-.B7 :*CD#E

FG$5*(9 4#C*( 9<85H9A*8A* %# 58'%$*8C5# :*% C%*(97 H9(I$* C$*8A9 C98 J% H#(# %# :5'$65=8 :* *6# 6#8# '5%969'D# I$* *86*?# #% 49<>(* I$* *6AK #I$D#>#L9 # 6$'(5(7 M 89 *6# 9A(# '5%969'D# I$*7 H9( *% C98A(#(597 :5C* # %9649<>(*6E NO9@#:PQ2

0% 1(2 345*(6 '9(<$%= C98 *6A9 %# <9(#% :* %# C%#6* >$()$*6#7 :* %# I$* J% *8C#(8#># *%*)9D6<9 '*(9@ M %# *6A$H5:*@2

&# >$()$*6D#7 *8 6$ %$C4# C98A(# %# 89>%*@# 696A*85:# H9( *% C%*(97 *8#(>9%= %# >#8:*(#:*% %5>(* *R#<*8 M :*% #A*D6<9S H*(97 $8# T*@ A(5$8'#8A*7 C#<>5= :* A989 M :*#H#(5*8C5#S M 49M %# T*<96 4#C5*8:9 A9:9 %9 H965>%* H9( #H9M#( *8 %# (*%5)5=8 6$6$H(*<#CD# *C98=<5C# M H9%DA5C#2 08 %96 65)%96 UV M UVW7 %# >$()$*6D# 6* 4#>D#(*T*6A5:9 #%*)(*<*8A* C98 %#6 A(#:5C598*6 :*% H#)#856<9 M )%9(5'5C#># %# C#(8* M 6$6

H#6598*67 #%)9 (*H(9>#:9 H9( %# <9(#% C(56A5#8#S 658 *<>#()97 49M7 I$* 8#:# *8A(* %#6(5I$*@#6 M %96 H%#C*(*67 (*85*)# :* %#6 :9CA(58#6 :* 6$6 H*86#:9(*67 %96 X#>*%#567 %96Y5:*(9A7 M H(*:5C# %# #>6A58*8C5# H#(# %96 #6#%#(5#:962 &# <9(#% C#H5A#%56A#7 <*@I$58#

H#(9:5# :* %# <9(#% C(56A5#8#7 C#6A5)# C98 $8 69%*<8* #8#A*<# %# C#(8* :*% A(#>#L#:9(S 6$5:*#% C98656A* *8 (*:$C5( #% <D85<9 %#6 8*C*65:#:*6 :*% H(9:$CA9(7 *8 6$H(5<5( 6$6 )9C*6M 6$6 H#6598*67 M *8 C98:*8#(%* #% H#H*% :* <KI$58# (*:*8A9(# :*% A(#>#L9 658 A(*)$# 85<56*(5C9(:5#2

&96 69C5#%56A#6 (*T9%$C598#(596 :*>*87 H9( C9865)$5*8A*7 T9%T*( # *<H*@#( %# %$C4#696A*85:# *8 6$ A5*<H9 H9( %96 '5%=69'96 M %96 H#8'%*A56A#6 :* %# >$()$*6D#S :*>*8 #6#%A#(%# <9(#% M %#6 A*9(D#6 69C5#%*6 :*% C#H5A#%56<9S M *RA5(H#(7 :* %# <*8A* :* %# C%#6* %%#<#:## %# #CC5=87 %96 H(*L$5C596 6*<>(#:96 H9( %# C%#6* :9<58#8A*S :*>*8 H(9C%#<#(7 # %# '#@:* A9:96 %96 45H=C(5A#6 :* %# <9(#%7 I$* %# A5*((# :*L#(K :* 6*( *% T#%%* :* %K)(5<#6 :* %96A(#>#L#:9(*6S I$* *8 %# 69C5*:#: C9<$856A# I$* 8969A(96 '$8:#(*<96 ZH#CD'5C#<*8A*765 *6 H965>%*S 65 897 T59%*8A#<*8A*Z %#6 H#6598*6 4$<#8#6 A*8:(K8 (5*8:# 6$*%A#7 M# I$*FA9:#6 698 >$*8#6 H9( 8#A$(#%*@#S 6=%9 :*>*<96 *T5A#( 6$ <#% $69 M 6$ *RC*69Q[7 M *6A9\%A5<9 6=%9 6* *T5A#(K C98 *% C98A(#>#%#8C*9 <$A$9 :* %#6 H#6598*6 M C98 *% :*6#((9%%9#(<=85C9 :*% 9()#856<9 4$<#897 H$*6A9 I$* Z:5C* *% Y(2 ]*::9*Z7 F6=%9 C$#8:9 $8#(#@# #%C#8@# *% <KR5<9 :* 6$ :*6#((9%%9 'D65C9 %%*)# A#<>5J8 #% <K6 #%A9 )(#:9 :* 6$

T5)9( <9(#%Q^

2 3#% *(# A#<>5J8 %# 9H585=8 :*% )(#8 8#A$(#%56A# ;4#(%*6 Y#(_58.

2

&# (*'$A#C5=8 :*% Y*(*C49 #% A(#>#L97 I$* (**:5A9 C98 #%)$8#6 89A#6 #:5C598#%*67 #H#(*C5=*8 @GH9&-I%F 6*<#8#(59 :* ,--`7 6*(5* 6*)$8:#2

C&$- @&#&.9$" C.(;()* ," J&(*% CF-&9("E KLLM<

, ;5A9 #I$D #% 1(2 345*(6 89 H9( 6$ <J(5A9 C5*8AD'5C97 C$M# 8$%5:#: *6 6=%9 C9<H#(#>%* C98 6$ >#L*@#7 6589 H9(I$* *6A# H$%)#7 I$* 4# T5T5:9 *8 %# C#<56# :* A9:96 %96 )9>5*(8967 *6 %# H*(6985'5C#C5=8 5:*#% :* %# >$()$*6D# <9:*(8# N3< ,"- 4<O< [

Y01;aX301E @"; 6&;;(0*; ," -GP:" N3 ,"- 4/2^ YX 2 ]0YYb0E Q":0(.; 0# %/" &*%/.060-09('&- J0'("%R N3< ,"- 4<O . ;caX&01 YaXdWeE =";'"*% 0# :&* N3 ,"- 4/2



5&6(%$-0 7*07* ,09:& ,";&;%.0;0<

SJ"&:0; 6"."T0;0; "* %0,0E "B'"6%0 "* &:&. R "* 1"1".E "B'"6%0 "* ;". 6"."T0;0;<U

&*6658)

f8# *RA(#?# %9C$(# 6* 4# #H9:*(#:9 :* %#6 C%#6*6 9>(*(#6 :* %96 H#D6*6 *8 I$* (*58# %#C5T5%5@#C5=8 C#H5A#%56A#2 06# %9C$(# *6 (*6H986#>%* :* %#6 <56*(5#6 58:5T5:$#%*6 M 69C5#%*6I$*7 :*6:* 4#C* :96 65)%967 A9(A$(#8 # %# A(56A* 4$<#85:#:2 06# %9C$(# *6 *% #<9( #%A(#>#L97 %# H#65=8 <9(5>$8:# :*% A(#>#L97 I$* %%*)# 4#6A# *% #)9A#<5*8A9 :* %#6 '$*(@#6T5A#%*6 :*% 58:5T5:$9 M :* 6$ H(9%*2

08 T*@ :* (*#CC598#( C98A(# A#% #>*((#C5=8 <*8A#%7 %96 C$(#67 %96 *C989<56A#6 M %96<9(#%56A#67 4#8 6#C(9g6#8A5'5C#:9 *% A(#>#L92

c9<>(*6 C5*)96 M :* %5<5A#:# 58A*%5)*8C5# 4#8 I$*(5:9 6*( <K6 6#>596 I$* 6$ Y596S49<>(*6 :J>5%*6 M :*6H(*C5#>%*67 4#8 I$*(5:9 (*4#>5%5A#( %9 I$* 6$ Y596 4#>D# <#%:*C5:92

h97 I$* #'5(<9 89 6*( C(56A5#897 85 *C989<56A#7 85 <9(#%56A#7 #H*%9 # %9 I$* *8 6$ L$5C594#M :*% :* Y596S # %96 6*(<98*6 :* 6$ <9(#% (*%5)596#7 *C98=<5C#7 %5>(*H*86#:9(#7 # %#6*6H#8A96#6 C986*C$*8C5# :*% A(#>#L9 *8 %# 69C5*:#: C#H5A#%56A#2

08 %# 69C5*:#: C#H5A#%56A#7 *% A(#>#L9 *6 %# C#$6# :* A9:# :*)*8*(#C5=8 58A*%*CA$#%7 :*A9:# :*'9(<#C5=8 9()K85C#2 ;9<H#(#: %96 H$(#6#8)(* :* %96 *6A#>%96 :* %96 X9A46C45%:i76*(T5:96 H9( $8# %*)5=8 :* >D<#8967 C98 %#6 H*6#:#6 >*6A5#6 89(<#8:#67 I$* #(#8 %#A5*((#7 #C#((*#8 *% #>989 M A(#86H9(A#8 %# C96*C4# # %96 )(#8*(962 j5(#: #% 89>%* 6#%T#L*I$* %96 <56598*(96 :*% C9<*(C59 M C9<*(C5#8A*6 :* %# (*%5)5=8 89 4#8 C9((9<H5:9 #\8C98 6$6 :9CA(58#67 %# 6D'5%56 M *% :9)<# :*% A(#>#L97 M <D(*6* # C98A58$#C5=8 # 8$*6A(96<56*(#>%*6 65(T5*8A*6 :* %#6 <KI$58#6k2

i X b31c;cW&Y7 H9:*(96# '#<5%5# :* >#8I$*(967 :* 9(5)*8 #%*<K8 M # %# T*@ L$:D97 I$* *6A#>%*C5= $8# :*%#6 <K6 5<H9(A#8A*6 >#8C#6 H(5T#:#6 :*% 65)%9 UWU *8 "#(D62 &#'#()$* '$* C98A*<H9(K8*9 :* %# A*(C*(#)*8*(#C5=8 :* %# '#<5%5#7 M 6$6 #%$6598*6 H#(*C*8 :5(5)5(6* *6H*C5#%<*8A* # $89 :* %96 <5*<>(96 :* *6A#)*8*(#C5=87 a%H4986* :* X9A46C45%: +,-[lg,B`i/E L*'* :* %# ;#6# :* "#(D67 (*)*8A* :*% ]#8C9 :* m(#8C5# M

H(*65:*8A* :*% ;986*L9 :* a:<5856A(#C5=8 :* %96 m*((9C#((5%*6 :*% e9(A* N3< ,"- H<O< k

&96 *RH%9(#:9(*6 *$(9H*96 6* :*A5*8*8 #69<>(#:96 #8A* %# >*%%*@# 'D65C# M *% #%A5T9 A#%#8A* :* %9649<>(*6 :* %#6 A(5>$6 H(5<5A5T#67 I$* 89 4#8 65:9 C98A#<58#:#6 #\8 H9( %9 I$* 0:$#(: "9*HH5) %%#<# *%F#%5*8A9 *8T*8*8#:9 :* %# C5T5%5@#C5=8Q2 c#>%#8:9 :* %96 #>9(D)*8*6 :* %#6 56%#6 :* bC*#8D#7 &9(: O*9()*;#<H>*%% *6C(5>*EFe9 4#M H$*>%9 *8 *% <$8:9 I$* 5<H(*6598* A#8A9 # H(5<*(# T56A#2 1$ H5*% %56# M :* $8 A989 %5)*(#<*8A*C9>(5@9S 6$6 C#>*%%96 :9(#:96 M (5@#:96S 6$ (56$*?9 M 4*(<969 (96A(9S *8 $8# H#%#>(#7 A9:# 6$ H*(698#7

H(*6*8A# $8 8$*T9 M *6H%J8:5:9 <9:*%9 :*% 9"*$; /0:0V 6$ #6H*CA9 'D65C9 896 :# %# 5<H(*65=8 :* $8# (#@#6$H*(59( # %# 8$*6A(#2QFe9 4#M H$*>%9 *8 *% <$8:9 I$* 5<H(*6598* A#8A9 # H(5<*(# T56A#2 1$ H5*% %56# M :* $8 A989 %5)*(#<*8A*C9>(5@9S 6$6 C#>*%%96 :9(#:96 M (5@#:96S 6$ (56$*?9 M 4*(<969 (96A(9S *8 $8# H#%#>(#7 A9:# 6$ H*(698#7

H(*6*8A# $8 8$*T9 M *6H%J8:5:9 <9:*%9 :*% 9"*$; /0:0V 6$ #6H*CA9 'D65C9 896 :# %# 5<H(*65=8 :* $8# (#@#6$H*(59( # %# 8$*6A(#2Q;98 %# <56<# #:<5(#C5=87 %96 C5T5%5@#:96 :* %# #8A5)$# X9<#7 %96 ;J6#(*6 M %96 3KC5A967 C98A*<H%#>#8 #

%96 )*(<#896 :* %#6 A(5>$6 C9<$856A#6E I$* 58T#:D#8 *% 5<H*(59 (9<#892Y* %# <56<# <#8*(# I$* 3KC5A97 1#%T5#89 !*% C$(# :*% 65)%9 V! # I$5*8 #H9:#(98 F*% <#*6A(9 :* %969>56H96Q7 H(*6*8A#># # %96 >K(>#(96 C9<9 <9:*%9 # %96 C5T5%5@#:96 M C(56A5#896E F19<96 5<H\:5C967 *8



;$#8:9 *8 8$*6A(# 0$(9H# C5T5%5@#:# 6* I$5*(* *8C98A(#( $8 (#6A(9 :* %# >*%%*@# 8#A5T#:*% 49<>(* H(*C569 5( # >$6C#(%9 *8 %#6 8#C598*6 :98:* %96 H(*L$5C596 *C98=<5C96 894#8 :*6#((#5)#:9 #\8 *% 9:59 #% A(#>#L92 06H#?#7 I$*7 N#MP7 A#<>5J8 T# :*)*8*(#8:97

H$*:* #\8 T#8#)%9(5#(6* :* H96**( <*896 '#>(5C#6 I$* 8969A(96 H(56598*6 M C$#(A*%*6S H*(9 *% #(A56A# )9@# #% #:<5(#( #% #$:#@ #8:#%$@7 <9(*89 C9<9 %#6 C#6A#?#67 :*(*C49 M

'%*R5>%* C9<9 $8 A(98C9 :* #C*(9S M 8$*6A(9 C9(#@=8 6* *6A(*<*C* 9M*8:9 #% <*8:5)9769>*(>5#<*8A* #((9H#:9 *8 6$ '&6& #)$L*(*#:#7 A(#A#8:9 :* &:(90W # %96 :$I$*6 :*b6$8#2

"#(# *% *6H#?9%7 *8 I$5*8 *% #85<#% H(5<5A5T9 89 *6AK #A(9'5#:97 *% A(#>#L9 *6 %# H*9( :*%#6 *6C%#T5A$:*6-2 a% 5)$#% I$* %96 )(5*)96 :* %# )(#8 JH9C# I$* 89 A*8D#8 <K6 I$*:*6H(*C59 H9( *% A(#>#L9E 69%#<*8A* # %96 *6C%#T96 %*6 *6A#># H*(<5A5:9 A(#>#L#(S *%49<>(* %5>(* 89 C989CD# <K6 I$* %96 *L*(C5C596 C9(H9(#%*6 M %96 L$*)96 :* %# 58A*%5)*8C5#2

m$* #I$*% *% A5*<H9 :* $8 a(56A=A*%*67 :* $8 m5:5#67 :* $8 a(56A='#8*6S *% A5*<H9 *8 I$*$8 H$?#:9 :* >(#T96 :*6A($D# *8 j#(#A=8 %#6 49(:#6 :*% a65#7 I$* a%*L#8:(9

C98I$56A#(D# (KH5:#<*8A*2

&96 '5%=69'96 :* %# a8A5)n*:#: *86*?#>#8 *% :*6H(*C59 #% A(#>#L97 *6A# :*)(#:#C5=8 :*%49<>(* %5>(*S %96 H9*A#6 C#8A#>#8 %# H*(*@#7 *6* (*)#%9 :* %96 :596*6E b Q"-(1&"E ="$;*01(; /0"' 0%(& #"'(% B2;(56A97 *8 6$ 6*(<=8 :* %# <98A#?#7 H(*:5C= %# H*(*@#E

C9<H#(#C5=8 # %96 >K(>#(967 <K6 C#6A96 I$* 8969A(962 a$8 <K67 %96 >K(>#(96 6* 9'*8:*8 #8A* 8$*6A(# '#%A#:* H$:9(2 &96 )9:96 89 H*(<5A*8 *8A(* *%%96 # %96 %5>*(A5896 :* 6$ 8#C5=8S *8A(* *%%967 6=%9 %96 (9<#896

H96**8 *% :*(*C49 # 6*( 5<H$(96 H9( *% A(56A* H(5T5%*)59 :* 6$ 8#C598#%5:#: M :* 6$ 89<>(*7 o&# H*:*(#6A5#*6A#># *8A98C*6 :* <9:# *8A(* %96 H#)#896 M %96 C(56A5#896222p &96 9H(5<5:96 6* T#8 C98 %96 >K(>#(96 *8

>$6C# :* 4$<#85:#: M H(9A*CC5=82Q N=" X01".*&%(0*" ="(<O&# T5*L# C5T5%5@#C5=8 M *6A* 8#C5*8A* C(56A5#856<9 C9((9<H5*(98 # %96 >K(>#(96 :*% T5*L9 <$8:97 C9<9 %#6

H(KCA5C#6 :*% C(56A5#856<9 :*C#:*8A* M %# <9:*(8# C5T5%5@#C5=8 C#H5A#%56A# C9((9<H*8 # %96 6#%T#L*6 :*%8$*T9 <$8:921(2 m2 &* "%#Mq7 C$M9 A#%*8A9 :* 9>6*(T#C5=8 6* :*>* (*C989C*(7 #$8 C$#8:9 89 6* #C*HA*8 6$6C98C%$6598*6 69C59%=)5C#67 5<H(*)8#:#6 :* H($:49856<9 '5%#8A(=H5C9 M C(56A5#897 :5C* *8 6$ %5>(9 @0;01.".0; "$.06"0; +,-ii/EF&# H(9H*865=8 :* %96 >#C4r5(*6 # %# H*(*@#7 +%96 >#C4r5(*6 698 H#6A9(*6 6*<58=<#:#6 :* %# T*(A5*8A*#65KA5C# :* %96 f(#%*6/S %96 )9C*6 :* %# T5:# 8=<#:#S %#6 C96A$<>(*6 :* %# <*:5A#C5=8 I$* 6$()*8 *8 %9658:5T5:$96 <*L9( :9A#:967 :#8 # J6A967 )*8*(#%<*8A*7 $8# :56A58C5=8 :* <9:#%*67 $8# C%#(5:#: :*58A*%5)*8C5# M :* L$5C59 I$* (#(# T*@ 6* 89A# *8 *% <56<9 85T*% 69C5#% :* $8# C5T5%5@#C5=8 6$H*(59(222 &9 I$*<K6 %*6 (*H$)8# 698 %96 A(#>#L96 #)(DC9%#67 4#C*8 C$#%I$5*( C96# #8A*6 I$* #C*HA#( *% 9'5C59 :* #)(5C$%A9(2Q08 *'*CA97 %# #)(5C$%A$(# *6 %# H(5<*(# <#85'*6A#C5=8 :*% A(#>#L9 6*(T5% :* %# 4$<#85:#:2 o1*)\8 %#A(#:5C5=8 >D>%5C#7 *% H(5<*( C(5<58#%7 ;#D87 *6 #)(5C$%A9(p N3< ,"- 4<O<q"W0XX0gOfW&&afj0 mXsY0XW; &0 "&ah +,-`kg,--[/E 58)*85*(97 *C989<56A# M 69C5=%9)9 '(#8CJ67C(*#:9( :* %# (*T56A# @& !"#0.:" ;0'(&- 7 M #$A9( :* 8$<*(9696 *6A$:596 69>(* %96 H(9>%*<#6 69C5#%*6 N@";Y$D.(".; "$.06F"*;E @& !"#0.:" ;0'(&-" "* Z.&*'"<<<O< 1$ :9CA(58#7 %# F*C989<D# 69C5#%Q7 6* >#6# *8 $8C%#(9 FH#A*(8#%56<9 C(56A5#89QE C9865:*(# I$* %# #$A9(5:#: :*% H#A(989 *8 %# *<H(*6#7 *I$5T#%*8A* # %# :*%

H#:(* *8 %# '#<5%5#7 *6 5<H(*6C58:5>%* H#(# *% H(9)(*69 69C5#% N3< ,"- H<O l 08 C#6A*%%#89 *8 *% 9(5)58#% N3< ,"- H O - c#M $8 H(9T*(>59 *6H#?9% I$* :5C*E =";'&*;&. "; ;&-$,[ N3< ,"- 4<O<q 08 C#6A*%%#89 *8 *% 9(5)58#%2 "*6* # 4#>*( H*(<#8*C5:9 *8 06H#?# *8A(* ,-l, M ,-l[7 %# T565=8 I$*&#'#()$* 9'(*C*7 *6AK <K6 H(=R5<# # %#6 9>6*(T#C598*6 :* %96 T5#L*(96 (9<K8A5C96 I$* # %9 I$* 6$ H(9H5#*RH*(5*8C5# H$:9 *86*?#(%*2 X*H(9:$C* #I$D #%)$896 A=H5C96 %5A*(#(596 H9( 6$ $A5%5:#: H#(# %##()$<*8A#C5=8 )*8*(#% :*% H#8'%*A97 M 658 H(*9C$H#(6* H9( C98A(#6A#(%96 C98 6$6 C989C5<5*8A96 69>(* %#

65A$#C5=8 :* %# C%#6* 9>(*(# <#:(5%*?#7 C98 %# I$* C98T5T5= *8 %# A*<H9(#:# C5A#:# N3 ,"- H / B Y/ Q"-(1"&E $* =(0; *0; /& ,&,0 ";%0; 0'(0;E +V*( #HJ8:5C* HK)2k,/ N3< ,"- 4<O



F;98A*<H%#: C=<9 C(*C*8 %96 %5(596 :* %96 C#<H96S *%%96 89 A(#>#L#87 8545%#87 M 658 *<>#()97 M9 96 %9 :5)97 1#%9<=87 *8 A9:# 6$ )%9(5#7 89*6A$T9 <K6 *6H%J8:5:#<*8A* T*6A5:9Q2,`

t*49TK7 *% :596 >#(>$:9 M :* #6H*CA9 H9C9 #A(#CA5T97 :59 # 6$6 #:9(#:9(*6 *% 6$H(*<9*L*<H%9 :* %# H*(*@# 5:*#%E :*6H$J6 :* 6*56 :D#6 :* A(#>#L9 6* *8A(*)= #% (*H969 H9( A9:#%# *A*(85:#:2

u;$K%*6 6987 *8 C#<>597 %#6 (#@#6 H#(# I$5*8*6 *% A(#>#L9 *6 $8# 8*C*65:#: 9()K85C#v&96 #$T*(8*6*6,, *8 m(#8C5#S %96 *6C9C*6*67 *696 #$T*(8*6*6 :* %#6 56%#6 >(5AK85C#6S %96)#%%*)967 *696 #$T*(8*6*6 :* 06H#?#S %96 H9<*(5#8967 *696 #$T*(8*6*6 :* a%*<#85#S %96C458967 *696 #$T*(8*6*6 :* a65#2

08 8$*6A(# 69C5*:#:7 uC$K%*6 698 %#6 C%#6*6 I$* #<#8 *% A(#>#L9 H9( *% A(#>#L9v &96C#<H*65896 H(9H5*A#(5967 %96 H*I$*?96 >$()$*6*67 I$5*8*67 C$(T#:96 %96 $896 69>(* 6$6

A5*((#67 6*H$%A#:96 %96 9A(96 *8 6$6 8*)9C5967 6* <$*T*8 C9<9 *% A9H9 *8 %# )#%*(D#6$>A*((K8*#7 658 *8:*(*@#(6* 8$8C# <K6 H#(# C98A*<H%#( # 6$ )$6A9 %# 8#A$(#%*@#2

h A#<>5J8 *% H(9%*A#(5#:97 %# )(#8 C%#6* :* %96 H(9:$CA9(*6 :* A9:96 %96 H#D6*67 %# C%#6*I$*7 *<#8C5HK8:96*7 *<#8C5H#(K # %# 4$<#85:#: :*% A(#>#L9 6*(T5% M 4#(K :*% #85<#%4$<#89 $8 6*( %5>(*S A#<>5J8 *% H(9%*A#(5#:97 A(#5C598#8:9 6$6 586A58A96 * 5)89(#8:9 6$<565=8 456A=(5C#7 6* 4# :*L#:9 H*(T*(A5( H9( *% :9)<# :*% A(#>#L92

Y$(9 M A*((5>%* 4# 65:9 6$ C#6A5)92 39:#6 %#6 <56*(5#6 58:5T5:$#%*6 M 69C5#%*6 698 *% '($A9:* 6$ H#65=8 H9( *% A(#>#L92

,` H- HD&*9"-(0 6*)\8 1#8 j#A*97 C#HDA$%9 VW N3< ,"- 4<O< ,,

"(9C*:*8A* :* a$T*(85#E (*)5=8 #:<5856A(#A5T# I$* C9<H(*8:* T#(596 :*H#(A#<*8A967 C98 C#H5A#% *8;%*(<98Agm*((#8:2 &#'#()$* 6* (*'5*(* # *%%96 C9<9 A*6A#($:96 C$((#8A*6S #H%5C#:96 M A(#>#L#:9(*6 N3 ,"- H /



5&6(%$-0 =0; >"*,('(0*"; ,"- %.&1&20<

08 *% #?9 ,ll` #H#(*C5= *8 &98:(*6 $8 *6C(5A9 #8=85<9 >#L9 *% ADA$%9 4* H;;&R 0*?.&," &*, 50::".'" +f8 *86#M9 69>(* %# 58:$6A(5# M *% C9<*(C59/7 I$* *8 #I$*%%#JH9C# 45@9 C5*(A9 ($5:92 1$ #$A9(7 $8 )(#8 '5%K8A(9H97 6* 58:5)8#># H9(I$*E

F+222/ # %# H%*>* <#8$'#CA$(*(# 58)%*6# 6* %* 4#>D# <*A5:9 *8 %# C#>*@# %# 5:*# '5L# :* I$*7C9<9 58)%*6*67 A9:96 %96 58:5T5:$96 I$* %# C9<H98*8 A5*8*8 H9( :*(*C49 :* 8#C5<5*8A9*% H(5T5%*)59 :* 6*( <K6 %5>(*6 M <K6 58:*H*8:5*8A*6 I$* %96 9>(*(96 :* C$#%I$5*( H#D6 :*0$(9H#2 06A# 5:*# H$*:* 6*( \A5% (*6H*CA9 # %96 69%:#:967 H9(I$* *6A5<$%# 6$ T#%9(S H*(9C$#8A9 <*896 *6AJ8 5<>$5:96 %96 9>(*(96 :* %#6 <#8$'#CA$(#6 :* A#% 5:*#7 A#8A9 <*L9(6*(K H#(# *%%96 <56<96 M H#(# *% *6A#:92 &96 9>(*(96 89 :*>*(D#8 8$8C# C9865:*(#(6*

58:*H*8:5*8A*6 :* 6$6 6$H*(59(*62 06 *RA(*<#:#<*8A* H*%5)(969 #%*8A#( A#%*6 C#H(5C496*8 $8 *6A#:9 C9<*(C5#% C9<9 *% 8$*6A(97 :98:* A#% T*@ %#6 65*A* 9CA#T#6 H#(A*6 :* %# H9>%#C5=8 H96**8 <$M H9C# 9 858)$8# H(9H5*:#:2 &# C$(# 89 6* C9<H%*A#(K 4#6A# I$*%96 H9>(*6 :* %# 58:$6A(5# 6* (*65)8*8 # A(#>#L#( 6*56 :D#6 H9( %# C#8A5:#: I$* #49(# )#8#8*8 C$#A(9Q2

a6D H$*67 $8 65)%9 #8A*6 :* O$5@9A,[ M# 6* H(*:5C#># #>5*(A#<*8A* *8 &98:(*6 *% A(#>#L9C9<9 '(*89 # %#6 89>%*6 H#6598*6 :*% 49<>(*2

F;$#8A9 <K6 A(#>#L*8 <56 H$*>%967 <*896 T5C596 A*8:(K8 Z*6C(5>D# e#H9%*=8 :*6:* b(A*(9:*Z2h9 69M %# #$A9(5:#:2227 M *6A#(D# :56H$*6A9 #

9(:*8#( I$* *% :9<58)97 H#6#:# %# 49(# :*% 6*(T5C59 :5T5897 6* (*#>(5*(#8%96 8*)9C596 M T9%T5*(#8 %96 9>(*(96 # 6$ A(#>#L92Q

"#(# *RA5(H#( %# H*(*@# M :9>%*)#( %96 6*8A5<5*8A96 :* 9()$%%9 * 58:*H*8:*8C5# I$* *%%#*8)*8:(#7 *% #$A9( :* 4* H;;&R 0* ?.&," &*, 50::".'" H(9H$69 *8C*((#( # %96 H9>(*6F*8 C#6#6 5:*#%*6 :* A(#>#L9Q N(,"&- \0.]/0$;";OE I$* 6* C98T*(A5(D#8 *8 FC#6#6 :* A*((9(7:98:* 6* 9>%5)#(D# # A(#>#L#( C#A9(C* 49(#6 :5#(5#67 :* <9:9 I$*7 :*6C98A#8:9 *% A5*<H9:* %#6 C9<5:#67 I$*:#(D#8 65*<H(* :9C* 49(#6 :* A(#>#L9 %%*8#6 M *8A*(#6Q2

Y9C* 49(#6 :* A(#>#L9 H9( :D#S 4* #4D *% 5:*#% :* %96 '5%K8A(9H96 M :* %96 <9(#%56A#6 :*%65)%9 RT5552 N;=<9 4*<96 69>(*H#6#:9 *6* *0* 6-$; $-%.&P

&96 A#%%*(*6 <9:*(896 6* 4#8 C98T*(A5:9 *8 C#6#6 5:*#%*6 :* C9((*CC5=8S :98:* 6**8C#(C*%# # %#6 <#6#6 9>(*(#67 :98:* 89 6=%9 6* C98:*8# # A(#>#L96 '9(@#:96 :* :9C* MC#A9(C* 49(#6 :5#(5#6 # %96 49<>(*67 6589 A#<>5J8 # %#6 <$L*(*6 M # %96 85?96,^

,[ mXaewbW1g"W0XX0gOfW&&afj0 OfWxb3 +,l-lg,-l./E 456A9(5#:9( M H9%DA5C9 '(#8CJ67 #$A9( :* 9>(#6C9<9 %# ^(;%0.(& ," -& 5(D(-(T&'()* "* H$.06&7 9 %96 H*;&R0; ;01." -& ^(;%0.(& ," Z.&*'(&< ;9<*8@= 6$T5:# H9%DA5C# C9<9 <5*<>(9 :*% H#(A5:9 :9CA(58#(59S '$* <5856A(9 :*% W8A*(59( :* ,-^` # ,-^l M :* a6$8A960RA*(59(*6 # H#(A5( :* ,-.`7 #:9HA#8:9 $8# H9%DA5C# C#:# T*@ <#6 C986*(T#:9(#7 4#6A# I$* '$* :*((9C#:9

H9( %# X*T9%$C5=8 :* ,1.- N3 ,"- H /2 ,^

08 *% ;98)(*69 :* ]*8*'5C*8C5#7 C*%*>(#:9 *8 ]($6*%#6 *8 ,-il7 $89 :* %96 <K6 (5C96 <#8$'#CA$(*(96:* j#(I$*AA*7 C*(C# :* &5%%*7 1(2 1C(5T*7 :*CD# *8A(* %96 #H%#$696 :* %96 <5*<>(96 :*% ;98)(*69 M C98 %#6#A56'#CC5=8 :* $8 :*>*( C$<H%5:9E



Nh :*C5( I$* %96 45L96 :* %96 4J(9*6 :* %# JH9C# :* -& ?".."$. 6* 4#8 :*L#:9 :*)(#:#( H9(%# (*%5)5=8 :*% A(#>#L9 4#6A# *% H$8A9 :* #C*HA#(7 *8 ,-.-7 C9<9 $8# C98I$56A#(*T9%$C598#(5#7 %# %*M I$* %5<5A#># *% A(#>#L9 *8 %#6 'K>(5C#6 # :9C* 49(#6 H9( :D#P"(9C%#<#>#8 C9<9 $8 H(58C5H59 (*T9%$C598#(59 *% ,"."'/0 &- %.&1&20< NV*()n*8@# H#(#*% H(9%*A#(5#:9 '(#8CJ6P 19%#<*8A* *6C%#T96 H9:D#8 6*( C#H#C*6 :* 6*<*L#8A* >#L*@#2V*58A* #?96 :* C5T5%5@#C5=8 C#H5A#%56A# 8*C*65A#(D# $8 )(5*)9 :* %96 A5*<H96 #8A5)$96 H#(#C98C*>5( A#8A# :*)(#:#C5=82 15 %96 :9%9(*6 :* %96 A(#>#L96 '9(@#:96 M %#6 A9(A$(#6 :*%4#<>(* 4#8 C#D:9 69>(* *% H(9%*A#(5#:9 *8 <#M9( C#8A5:#: I$* %#6 %#8)96A#6 :* %# ]5>%5#7*6 H9(I$* J% %#6 4# %%#<#:92

0% <56<9 A(#>#L9 I$* *8 L$859 :* ,-.- (*C%#<#(98 %96 9>(*(96 C98 %#6 #(<#6 *8 %# <#897%9 4#8 5<H$*6A96 *%%96 # 6$6 '#<5%5#6S *%%96 4#8 *8A(*)#:9 # %96 >#(98*6 :* %# 58:$6A(5#6$6 <$L*(*6 M 6$6 45L96 ;98 6$6 H(9H5#6 <#896 4#8 :*<9%5:9 6$ 49)#( :9<J6A5C97 C986$6 H(9H5#6 <#896 4#8 #)9A#:9 %# %*C4* :* 6$6 <$L*(*62 &#6 :*6)(#C5#:#67 *<>#(#@#:#6M #<#<#8A#8:9 # 6$6 >*>J67 4#8 A*85:9 I$* 5( # %#6 <58#6 M # %#6 <#8$'#CA$(#6 # H#(A5(6**% %9<9 M # #)9A#( 6$6 8*(T5962 0%%967 C98 6$6 H(9H5#6 <#8967 4#8 :*6A(9@#:9 %# T5:# M *%T5)9( :* 6$6 45L962

NV*()n*8@# H#(# %96 H(9%*A#(596P uY=8:* *6AK8P #I$*%%#6 C9<#:(*6 96#:#67 #%*)(*6 M#<#8A*6 :* %# :5T# >9A*%%#7 :* I$5*8*6 4#>%#8 8$*6A(#6 'K>$%#6 M 8$*6A(96 T5*L96C$*8A96v uY=8:* *6AK8 #I$*%%#6 <$L*(*6 :*6H(*9C$H#:#67 65*<H(* A(#A#8:97 65*<H(*C9C58#8:97 65*<H(* 6*<>(#8:9 %# T5:#7 )*8*(#8:9 %# #%*)(D#7 H#(5*8:9 658 :9%9( 45L966#896 M T5)9(9696v,. Nc9M A*8*<96 # %#6 85?#6 M %#6 <$L*(*6 :* %#6 'K>(5C#67 *8'*(<5@#6'%9(*6 :* C9%9(*6 HK%5:967 :* 6#8)(* :*6C9%9(5:#7 :* *6A=<#)9 #(($58#:97 :* <5*<>(96%#8)$5:*C5:96P222 0% H%#C*( (9>$6A9 *6 H#(# *%%#6 :*6C989C5:9 M 89 6#>(D#8 C98A#(

#%*)(*<*8A* C=<9 6#%5*(98 :*% C#6C#(=82

uh %96 85?96v NY9C* 49(#6 :* A(#>#L9 # %96 85?96P Nb4 <56*(5#P 39:96 %96 t$%*6 15<=8,i :* %# aC#:*<5# :* ;5*8C5#6 j9(#%*6 M "9%DA5C#67 A9:96 %96 O*(<58M,k :* %# L*6$DA5C#7 89

Fc*<96 58A(9:$C5:9 #%)$896 <*:596 :* :56A(#CC5=8 H#(# %96 85?962 &*6 *86*?#<96 # C#8A#( :$(#8A* *%A(#>#L9 M # C98A#( 5)$#%<*8A* A(#>#L#8:9S *6A9 %96 :56A(#* M %*6 4#C* 69H9(A#( C98 T#%9( *6#6 :9C* 49(#6 :*A(#>#L9 I$* 8*C*65A#8 H#(# H9:*( 6$>656A5(Q2NY9C* 49(#6 :* A(#>#L9PS M NI$J A(#>#L9P NW<H$*6A9 # 85?96 I$* #\8 89 A5*8*8 :9C* #?96P N&96 <#A*(5#%56A#6:*H%9(#(K8 65*<H(* I$* 89 *R56A# $8 58'5*(89 H#(# *696 C(56A5#8967 H#(# *696 '5%K8A(9H967 H#(# *696T*(:$)96 :* > 58'#8C5#Pq N3< ,"- 4<O<

q 08 $8 #(A5C$%9 69>(* F&# <$L*(Q N@" 5(%0R"*E ,igVcWg,--[S (*C9)5:9 *8 O5(#8'A7 92 C27 HK)2 ,l^2/27:*6H$J6 :* :*6C(5>5( %96 6$'(5<5*8A96 :* %#6 <$L*(*6 *<H%*#:#6 *8 %# 58:$6A(5#7 6*?#%#7 :* '9(<# 65<5%#( #*6A* A*RA9E 19<96 <#A*(5#%56A#67 H*(9 %#<*8A#<96 I$* 89 *R56A# $8 58'5*(89 H#(# *8C*((#( *8 J% # %96C#H5A#%56A#6 58:$6A(5#%*67 T*(:$)96 :* <$L*(*6 M 85?962Q N3 ,"- H /2 ,. 1*# C$#% 6*# *% *6A#A$A9 :* %96 49<>(*6 :*% 62 R5R7 C#65 A9:96 (*#'5(<#8 %# 58'*(59(5:#: 8#A$(#% :* %#<$L*( M %# C98:*8#8 #% 6*89 :* $8# '#<5%5# :9<58#:# H9( $8 <#(5:92 X*58# %# '5%969'D# :*% C=:5)98#H9%*=85C97 #)(#T#:# H9( %# #%5#8@# *8A(* %# 5)%*65# M %# X*6A#$(#C5=8 +,-,ig,-^`/2 08 ,-.-7 6* *RC%$M* #%#6 <$L*(*6 :*% (*6A#>%*C5:9 6$'(#)59 $85T*(6#%7 # H*6#( :* %# %$C4# :*% <9T5<5*8A9 Fm*<<*6 :* ,-.-Q2Y*>*(K8 *6H*(#( %# %*M Y$($M :* ,-kl7 I$* 9>%5)# # A9:# C9<$85:#: 6$H*(59( # i`` 4#>5A#8A*6 # A*8*( $8#*6C$*%# H#(# 85?#67 H#(# I$* H$*:#8 #CC*:*( # %# *:$C#C5=82 H- /0:1." :P; 06.(:(,0 6$"," 06.(:(. & $*

;".E ;$ :$2".< H--& "; -& 6.0-"%&.(& ,"- 6.0-"%&.(0E m%9(# 3(56A#8 N3< ," -& :$.9&O< ,i tf&01 1Wjye +,-,.g,-Bk/E H(9'*69( :* m5%969'D# *8 %# 19(>98# M :5H$A#:9 (*H$>%5C#89 :* 9H965C5=8:$(#8A* *% W<H*(59 :* e#H9%*=8 WWW2 a$A9( :* T#(596 *6A$:596 69>(* %# 65A$#C5=8 :* %# C%#6* 9>(*(# N@G

Y$D.(_."E @" ?.&D&(-E @G Y$D.(". ," /$(% &*;<<<OE :*6*<H*?= $8 H#H*% :* 5<H9(A#8C5# *8 %96 C9<5*8@96 :*%# WWW X*H\>%5C#E '$* 6*8#:9(7 <5856A(9 :* W86A($CC5=8 "\>%5C#7 H(*65:*8A* :*% ;986*L9 *8 ,-lk2227 M $89 :*%96 <K6 C#(#CA*(5@#:96 (*H(*6*8A#8A*6 :*% H*86#<5*8A9 :* %# >$()$*6D# (*H$>%5C#8# N3< ,"- H<O<



4#>(D#8 H9:5:9 58T*8A#( $8 T5C59 <K6 #A(9'5#8A* H#(# %# 58A*%5)*8C5# :* %96 85?967 <K6C9(($HA9( :* 6$6 586A58A96 85 <K6 :*6A($CA9( :* 6$ 9()#856<9 I$* *% A(#>#L9 *8 %##A<=6'*(# T5C5#:# :*% A#%%*( C#H5A#%56A#2

e$*6A(9 65)%9 Z:5C*8Z *6 *% 65)%9 :*% A(#>#L92 08 *'*CA97 *6 *% 65)%9 :*% :9%9(7 :* %#

<56*(5# M :* %# C9(($HC5=82 h7 658 *<>#()97 %96 '5%=69'96 M *C989<56A#6 >$()$*6*67:*6:* *% H*896#<*8A* C98'$69 a$)$6A9 ;9<A* 4#6A# *% (5:DC$%#<*8A* C%#(9 &*(9Mg]*#$%5*$,l7 %96 %5A*(#A96 >$()$*6*67 :*6:* *% C4#(%#A#8#<*8A* (9<K8A5C9 VDCA9( c$)94#6A# *% 58)*8$#<*8A* )(9A*6C9 "#$% :* z9Cr ,- 7 A9:96 4#8 *8A98#:9 CK8A5C968#$6*#>$8:96 *8 4989( :*% :596 "(9)(*697 *% 45L9 H(5<9)J85A9 :*% 3(#>#L9206C$C4K8:9%967 6* H9:(D# C(**( I$* %# '*%5C5:#: *<H*@#># # (*58#( *8 %# A5*((#7 I$* M# 6*6*8AD# 6$ %%*)#:#2 c#8 5:9 # %96 65)%96 H#6#:96 # (*T9%T*( *% H9%T9 M %#6 <56*(5#6'*$:#%*6 H#(# #4$M*8A#( %#6 :*%5C5#6 :* %96 A5*<H96 H(*6*8A*62 N;=<9 896 4#8 4#6A5#:9*696 6#C5#:967 (*C5J8 6#%5:96 :* %# 6*(T5:$<>(* :* %96 )(#8:*6 6*?9(*6 M C98T*(A5:96 49M*8 65*(T96 :* %# H%$<# :* %# >$()$*6D#7 #>$8:#8A*<*8A* *6A5H*8:5#:96S C=<9 896 4#84#6A5#:9 C98 *% ADH5C9 #)(5C$%A9( :*% (*A=(5C9 &# ]($M{(*P

N"$*6 >5*8P V#<96 # <96A(#(%*6 *% >(5%%#8A* C$#:(9 :* %96 )9C*6 H(9%*A#(596 *8 *% #?9 :*% H(9)(*69 C#H5A#%56A# ,-.`S C$#:(9 H58A#:9 H9( $89 :* %96 6$M967 H9( *% :9CA9( V5%%*(<J,B7<5*<>(9 :*% W86A5A$A97 *% <56<9 I$* *8 ,-.- '9(<= H#(A* :* *6# 69C5*:#: :* 6#>5967 *8%# C$#% '5)$(#>#8 345*(6[`7 ;9$658[,7 "#66M[[7 ]%#8I$57 *% #C#:J<5C9[^7 M I$* H(9H#)= *8%#6 <#6#6 9>(*(#6 %#6 H#<H%58#6 :* %# *C989<D# M :* %# <9(#% >$()$*6#62

,k ;caX&01 Y0 O0XjWehE *6H*C5#%56A# *8 '58#8@#6 M <5*<>(9 :* %# <#M9(D# :* %#6 69C5*:#:*6 '58#8C5*(#67:$(#8A* *% WW W<H*(59 +6*)\8 O5(#$%A/ N3< ,"- H<O ,l "W0XX0g"af& &0Xbhg]0af&W0f +W-.^g,B,k/E H(9'*69( :* *C989<D# *8 *% ;9%*)59 :* m(#8C5#7 '$8:#:9(

:* @G`'0*0:(;%" #.&*a&(; M #$A9( :* 9>(#6 C9<9 @" ?.&D&(- ,"; #"::"; &$ B(B" ;(_'-"E *8 %#6 I$* :*'5*8:**% %5>*(#%56<9 *C98=<5C9 '(*8A* # %96 #A#I$*6 H(9A*CC59856A#6 M 69C5#%56A#62 Y* #4D I$* '(*C$*8A*<*8A* 6$6*6C(5A96 H(9T9C#(#8 (JH%5C#6 :* %96 *6C(5A9(*6 69C5#%56A#67 *8A(* *%%96 &#'#()$* N3< ,"- H<O< ,- ;caX&01g"af& Y0 z b;z +,lB.g,-l,/E 89T*%56A# M #$A9( A*#A(#%7 *6C(5>5= $8 )(#8 8\<*(9 :* 9>(#6 :*A989 H9H$%#( I$* %* :5*(98 (*89<>(* *8 m(#8C5# M *% (*6A9 :* 0$(9H# N3< ,"- H<O< ,B &bfW1gX 0es VW&&0Xjs +,l-[g,-k^/E <J:5C9 M *6A#:D6A5C97 <5*<>(9 :* %#6 aC#:*<5#6 :* j*:5C58# M;5*8C5#6 j9(#%*62 "9( *8C#()9 :* *6A# \%A5<#7 6* :*:5C= #% *6A$:59 :* %# 65A$#C5=8 9>(*(#7 69>(* %# I$**6C(5>5= T#(5#6 9>(#62 Y* *%%#67 %# <K6 5<H9(A#8A*7 *% ?&1-"&$ ," -GF%&% 6/R;(A$" "% :0.&- ,"; 0$D.(".;,&*; -"; #&1.(A$"; ," '0%%0*E ," -&(*" "% ," ;0(" NKLbcOE (*H(*6*8A# $8 A*6A5<9859 '$8:#<*8A#% 69>(* %#6C98:5C598*6 :* T5:# M :* A(#>#L9 :*% H(9%*A#(5#:9 '(#8CJ6 *8 %# H(5<*(# <5A#: :*% 65)%9 R5R N3< ,"- H<O< [` &bfW1gaYb&"c0 3cW0X1 +,lBlg,-ll/E 456A9(5#:9( M H9%DA5C97 '5)$(# C%#T* *8 %# j98#(I$D# :* t$%597 *8%# I$* '$* H(*65:*8A* :*% ;986*L9 :* j5856A(96 *8 T#(5#6 9C#6598*67 M :* %# WWW X*H\>%5C#2 08 ,-l, '5(<=%96 H(*%5<58#(*6 :* H#@ *8 V*(6#%%*67 H9( %96 I$* #C#>#># C98 %# (*8:5C5=8 :* m(#8C5#7 %# )$*((# '(#8C9g

H($65#8#2 ;98I$56A= "#(D6 M (*H(5<5= :$(#<*8A* # %96 H#(A5:#(596 :* %# ;9<$8#2 "#(A5:#(59 :* $8#FX*H\>%5C# C986*(T#:9(#Q7 6* T59 9>%5)#:9 # #>#8:98#( %# H(*65:*8C5# :* %# X*H\>%5C# *8 ,-l^7 #8A* %#6:5'5C$%A#:*6 I$* 6$ H9%DA5C# *8C98A(= *8 %# a6#<>%*# e#C598#% N3< ,"- Hd< [, V|;3bX ;bf1We +,lB[g,-kl/E H(9'*69( :* m5%969'D# #8 %# 19(>98# M <5*<>(9 :* %# aC#:*<5# m(#8C*6#M :* %# aC#:*<5# :* ;5*8C5#6 j9(#%*67 M <5856A(9 :* 586A($CC5=8 "\>%5C# *8 ,-.`2 1$ '5%969'D#7 I$*#%C#8@= C5*(A# 5<H9(A#8C5# *8 m(#8C5#7 6* C#(#CA*(5@#># H9( 6$ F*C%*CA5C56<9Q +C9<9 J% <56<9 :*89<58= #6$ 656A*<#/E *(# $8# <*@C%# :* A*656 C#(A*65#8#67 r#8A5#8#67 5:*#%56A#6 9 H(9C*:*8A*6 :* %# *6C$*%# *6C9C*6#7$85:#6 *8 $8 *6I$*<# >K65C9 :* C#(KCA*( *6H5(5A$#%56A# N3< ,"- H<O<[[ ch""b&W3g"cW&W]0X3 "a11h +,lB^g,--`/E *C989<56A# M H9%DA5C97 '$* <5856A(9 :* ;9<*(C59 * W8:$6A(5#7M :*6H$J6 :J m58#8@#67 :$(#8A* %# j98#(I$D# :* t$%597 M *6C(5>5= #%)$8#6 9>(#67 *8A(* *%%#67 ="; ;R;%F:";," '$-%$." "% ," -"$. (*#-$"*'" ;$. eF'0*0:(" ;&'I&-"E +,-.k/ N3< ,"- H<O< [^ t0Xyj0gaYb&"c0 ]&aeGfW +,lB-gW -i./E *C989<56A# %5>(*C#<>56A# M <5*<>(9 :* %# aC#:*<5# :*;5*8C5#6 j9(#%*67 *6C(5>5=7 *8A(* 9A(#67 $8# 9>(# 69>(* %# 65A$#C5=8 9>(*(# *8 m(#8C5#2 &#'#()$* %* %%#<#

F]%#8I$5 *% #C#:J<5C9Q H#(# :56A58)$5(%* :* &9$56ga$)$6A* ]%#8I$57 (*T9%$C598#(59 H9( *% I$* 8$*6A(9#$A9( 658A5= *8 6$ L$T*8A$: )(#8 #:<5(#C5=8 N3< ,"- H<O<



0% :9CA9( V5%%*(<J 6* (*'5*(* # %# a%6#C5# <#8$'#CA$(*(#7 # %# a%6#C5# :* %96 z*6A8*( M:* %96 Y9%%'$6[.7 :* *6#6 '%9(*6 :* %# '5%#8A(9HD# M :*% (*H$>%5C#856<9 58:$6A(5#%*62

"*(9 #8A*6 :* I$* *% :9CA9( 896 H(*6*8A* *% C$#:(9 :* %#6 <56*(5#6 H(9%*A#(5#67 95)#<96 #

$8 <#8$'#CA$(*(9 #%6#C5#897 # 1(2 342 j5*)7 :* %# C#6# Y9%%'$67 j5*) M ;9<H#?D#7I$5*8 :*6C(5>* %# 65A$#C5=8 :*% #(A*6#89 :* %# #8A5)$# 58:$6A(5#E

F08 j$%49$6*7 C58C$*8A# #?96 #A(K67 *8 ,-,^7 C$#8:9 *<H*@#># # 8#C*(%# 58:$6A(5# <*CK85C# <9:*(8#7 %96 9>(*(96 *(#8 A9:96 45L96 :*% H#D674#>5A#>#8 %#6 C5$:#:*6 M %96 H$*>%96 H(=R5<96 M H96*D#8 C#65 A9:96 $8#C#6# M <$C4#6 T*C*6 $8 H*I$*?9 C#<H9Q[i2

0(# %# *:#: :* 9(9 :*% A(#>#L#:9(2 "*(9 %# 58:$6A(5# #%6#C5#8# A9:#TD# 89 4#>D# 58$8:#:9*% <$8:9 C98 6$6 )J8*(96 :* #%)9:=87 85 4*C49 <5%%98#(596 # 6$6 Y9%%'$6 M z9*C4%58[k2

;$#8:97 T*58A5C58C9 #?96 :*6H$J67 *% :9CA9( V5%%*(<J T565A= %# a%6#C5#7 *% <9:*(89<589A#$(97 %# '#>(5C# C#H5A#%56A#7 M# 4#>D# C98I$56A#:9 *% H#D6S *8 6$ >$%5<5# :* A(#>#L94$<#897 4#>D# #((#8C#:9 %96 9>(*(96 :* 6$6 49)#(*6 H#(# *6A($L#(%96 <*L9( M *RH(5<5(%*6*% A(#>#L9 I$* C98A*8D#82 &96 9>(*(96 #C$:D#8 H9( <5%%#(*6 #% 65%>5:9 :* %#6 <KI$58#62

Ff8 )(#8 8\<*(9 Z:5C* V5%%*(<JZ7 C58C9 <5% 69>(* :5*C565*A* <5%7 *6A#>#8 9>%5)#:967 H9( *% *%*T#:9 H(*C59 :* %96 #%I$5%*(*67 # T5T5( *8 %96 H$*>%96 H(=R5<962 a%)$896 T5TD#8# :96 %*)$#6 M C$#(A9 :* %# 'K>(5C# :98:* A(#>#L#>#82

08 j$%49$6* M *8 Y9(8#C47 *% A(#>#L9 *<H*@#># # %#6 C58C9 :* %# <#?#8# M C98C%$D# #%#6 C58C9 :* %# A#(:*7 A#8A9 *8 T*(#89 C9<9 *8 58T5*(89222 c#M I$* T*(%96 %%*)#( A9:#6 %#6

<#?#8#6 # %# C5$:#: M H#(A5( A9:#6 %#6 89C4*62 c#M *8A(* *%%96 $8# <$%A5A$: :* <$L*(*6 HK%5:#67 :*6C#(8#:#67 I$* C#<58#8 :*6C#%@#6 *8A(* *% >#((9 M I$*7 # '#%A# :* H#(#)$#6C$#8:9 %%$*T* 9 85*T#7 %%*T#8 *% :*%#8A#% *C4#:9 69>(* %# C#>*@# H#(# H(*6*(T#(6* %# C#(#M *% C$*%%9S M $8 8\<*(9 #\8 <K6 C9865:*(#>%* :* 85?967 89 <*896 6$C596 M :*<#C(#:967C$>5*(A96 :* 4#(#H96 <#8C4#:96 :* #C*5A* :* %#6 <KI$58#6 I$* %*6 C#* *8C5<# :$(#8A* *%A(#>#L92

06A96 85?967 <*L9( H(*6*(T#:96 :* %# %%$T5# H9( %# 5<H*(<*#>5%5:#: :* 6$6 T*6A5:967 8565I$5*(# A5*8*87 C9<9 %#6 <$L*(*67 $8# C#8#6A# #% >(#@9 :98:* %%*T#( %#6 H(9T56598*6 :*%:D#S %%*T#8 *8 %# <#897 :*>#L9 :*% 6#C9 9 C9<9 H$*:*87 *% H*:#@9 :* H#8 I$* :*>*6$6A*8A#(%96 4#6A# I$* T$*%T*8 # 6$6 C#6#62

a6D7 # %# '#A5)# :* $8# L9(8#:# :*6<*6$(#:#<*8A* %#()#7 :* I$58C* 49(#6 <D85<97 *6A96:*6)(#C5#:96 A5*8*8 I$* #)(*)#( %# :* %#6 5:#6 M T*85:#67 A#8 H*896#6 M A#8 '(*C$*8A*62X*6$%A# I$* %%*)#8 H9( %# 89C4* # 6$6 C#6#67 #)9>5#:96 H9( %# 8*C*65:#: :* :9(<5(7 M I$*

[. Yb&&mf1E '#<5%5# :* 58:$6A(5#%*6 #%6#C5#896 :*:5C#:# :*6:* %# 0:#: j9:*(8# # %# H(9:$CC5=8 A*RA5% *8%# @98# :* j$%49$6*7 M I$* #%C#8@= A#8 )(#8 :*6#((9%%9 A(#6 %# #H%5C#C5=8 :* %#6 8$*T#6 AJC85C#6#H#(*C5:#6 *8 *% H*(59:9 :* %# (*T9%$C5=8 58:$6A(5#% N3< ,"- H<O< z 013e0X E '#<5%5# H(9A*6A#8A* :* (*H$>%5C#896 :*:5C#:# # %# 58:$6A(5# I$D<5C# M A*RA5% C98 5<H9(A#8A*6C#()96 H9%DA5C96 *8 %# a6#<>%*# M *% 1*8#:9 N3< ," -& :$.9&O< [i Y56C$(69 H(98$8C5#:9 *8 %# 19C5*:#: W8A*(8#C598#% :* 06A$:596 "(KCA5C96 :* 0C989<D# 19C5#% :* "#(D67

*8 <#M9 :* ,-k^7 M H$>%5C#:9 *8 *% H'0*0:(;%& Z.&*'F; :* %# <56<# JH9C# N3< ,"- 4<O< [k z b0;c&WeE '#<5%5# :* 58:$6A(5#%*6 '(#8C*6*67 H(9C*:*8A*6 :* 1$5@#7 *6A#>%*C5:96 *8 j$%49$6* M:*:5C#:96 :*6:* <*:5#:96 :*% 65)%9 UVWWW # %# 58:$6A(5# #%)9:98*(# N3< ,"- H<O<



#% :D# 65)$5*8A*7 658 *6A#( C9<H%*A#<*8A* (*H96#:967 A5*8*8 I$* %*T#8A#(6* H#(#*8C98A(#(6* H$8A$#%<*8A* *8 %# 'K>(5C# # %# 49(# :* %# #H*(A$(#2Q

;98 (*6H*CA9 # %96 >#((596 *8 I$* :*>*8 #<98A98#(6* %96 I$* T5T*8 *8 %# C5$:#:7 :5C*E

Fh9 4* T56A9 *8 j$%49$6*7 *8 Y9(8#C4 M *8 %#6 C#6#6 H(=R5<#67 #I$*%%96<56*(#>%*6 #%>*()$*6 :98:* :9(<D#8 :96 '#<5%5#6 C#:# $8# *8 $8 (58C=869>(* H#L#7 A5(#:# H9( *% 6$*%97 M 6*H#(#:#6 H9( :96 A#>%#6 69%#<*8A*222 &#<56*(5# *8 I$* T5T*8 %96 9>(*(96 :* %# 58:$6A(5# #%)9:98*(# *8 *%Y*H#(A#<*8A9 :*% a%A9 X458 *6 A#%7 I$* <5*8A(#6 *8 %#6 '#<5%5#6 :* %96'#>(5C#8A*67 8*)9C5#8A*67 :5(*CA9(*6 :* A#%%*(*67 *AC27 %# <5A#: :* %96 85?96%%*)# # %96 T*58A5\8 #?967 *6A# <56<# <5A#: :*L# :* *R56A5( #8A*6 :*C$<H%5( *% 6*)$8:9 #?9 *8 %#6 '#<5%5#6 :* %96 A*L*:9(*6 M :* %96 9>(*(96:* %#6 45%#:9(#6 :* #%)9:=8222Q

c#>%#8:9 :*% A(#>#L9 :* %#6 'K>(5C#6 #)(*)#E

FaI$*%%9 89 *6 $8 A(#>#L97 $8# A#(*#S *6 $8# A9(A$(# I$* 6* 5<H98* #85?96 :* 6*56 # 9C49 #?96222 06A* %#()9 6$H%5C59 *6 %9 I$* <58#C9A5:5#8#<*8A* # %96 9>(*(96 :* %#6 45%#:9(#6 :* #%)9:=82Q[l

a H(9H=65A9 :* %# :$(#C5=8 :*% A(#>#L97 V5%%*(<J 9>6*(T#># I$* %96 H(*65:5#(596C98:*8#:96 # A(#>#L96 '9(@#:96 89 A(#>#L#>#8 <K6 :* :5*@ 49(#6S %96 *6C%#T96 :* %#6a8A5%%#67 $8# <*:5# :* 8$*T*S <5*8A(#6 I$* *8 m(#8C5#7 *8 %# 8#C5=8 I$* 4#>D# 4*C49 %#(*T9%$C5=8 :* ,l-B M H(9C%#<#:9 %96 H9<H9696 ="."'/0; ,"- /0:1."fL E 4#>D# F'#>(5C#6:98:* %# L9(8#:# *(# :* :5*C56J56 49(#67 *8 %#6 C$#%*6 89 6* C98C*:D# # %96 9>(*(96 <K6I$* $8# 49(# M <*:5# :* H#$6# H#(# %#6 C9<5:#6Q[B2

Nb47 <56*(#>%* #>9(A9 :* %96 H(58C5H596 (*T9%$C598#(596 :* %# >$()$*6D#P

Nb47 %\)$>(* H(*6*8A* :* 6$ :596 "(9)(*69P

&96 '5%K8A(9H96 %%#<#8 >5*84*C49(*6 :* %# 4$<#85:#: # %96 I$*7 H#(# *8(5I$*C*(6* 658A(#>#L#(7 :#8 A(#>#L9 # %96 H9>(*62 jK6 T#%:(D# 6*<>(#( %# H*6A* 9 *8T*8*8#( %#6 #)$#6I$* *(5)5( $8# 'K>(5C# *8 <*:59 :* $8# H9>%#C5=8 ($(#%2

[l

;9<9 6*?#%# O5(#$%A7 C986*C$*8C5# :*% 58'9(<* :* V5%%*(<J '$* %# #H(9>#C5=87 #% #?9 65)$5*8A*7 :* $8#%*M I$* %5<5A#># *% A(#>#L9 :* %96 85?96 N3 ,"- H /2 [- &# Y*C%#(#C5=8 :* %96 Y*(*C496 :*% c9<>(* M :*% ;5$:#:#89 :* ,l-B7 <#(C= *% '58 :*% a8A5)$9XJ)5<*8 M 65(T5= :* H(*K<>$%9 # %# H(5<*(# C986A5A$C5=8 :* %# X*T9%$C5=8 m(#8C*6#7 #H(9>#:# *8 ,lB,N3< ," -& :$.9&O< [B &2 X2 VW&&0XjsE 5$&,.0 ,"- ";%&,0 #I;('0 R :0.&- ," -0; 01.".0; ," -&; #P1.('&; ," &-90,)*E -&*& R

;",& +,-.`/2 h 89 6* C(*# I$* H9(I$* Y9%%'$67 %96 z9*C4%58 M 9A(96 '#>(5C#8A*6 #%6#C5#896 698(*H$>%5C#8967 H#A(59A#6 9 '5%K8A(9H967 A(#A#8 #6D # 6$6 9>(*(96S H$*6 ]%#8I$57 *% #C#:J<5C9S X*M>#$:7 *%

H(9A9A5H9 :* t*(=85<9 "#A$(9Aq7 M t$%*6 15<=87 *% O*:*=8 H9%DA5C97 4#8 4*C49 C986A#( %#6 <56<#6 :*%5C5#6 H#(# %# C%#6* 9>(*(# *8 %96 '#>(5C#8A*6 C#A9%5CD65<96 M <98#(I$56D65<96 :* &5%%* M &M982198 T5(A$:*6 C#H5A#%56A#6 I$* 6* #<9%:#8 # %#6 <5% <#(#T5%%#6 C98 A9:#6 %#6 C(**8C5#6 H9%DA5C#6 M (*%5)596#6N3< ,"- H<O< q &9$56 X 0h]afY +,lBBg,-lB/E *6C(5A9( M H9%DA5C9S '$* :5H$A#:9 M <5*<>(9 :* %# aC#:*<5# :* ;5*8C5#6

j9(#%*62 06C(5>5= #%)$8#6 9>(#6 69>(* A*<#6 *C98=<5C967 :* A989 (*'9(<56A#S H*(9 6$ <#M9( JR5A9 '$* $8#89T*%# 6#AD(5C#7 gF.h:" C&%$.0% & -& ."'/".'/" ,G$*" 60;(%(0* ;0'(&-" NKLbMOE C(DA5C# :* %#6 C96A$<>(*6 :*%# JH9C#7 H(9A#)985@#:# H9( $8 >$()$J6 #$A96$'5C5*8A*7 H*(9 58C#H#@ :* 4#C*( 8#:# :* H(9T*C49 N3< ,"- H<O<



W8A(9:$C5: *% A(#>#L9 '#>(5%7 M #:5=6 #%*)(D#67 6#%$:7 %5>*(A#:S #:5=6 A9:9 %9 I$* 4#C* >*%%#%# T5:# M :5)8# :* 6*( T5T5:#^`2

h %96 *C989<56A#6 89 6* C#86#8 :* (*H*A5( # %96 9>(*(96E FN3(#>#L#:7 A(#>#L#: H#(##$<*8A#( %# '9(A$8# 69C5#%PQ 158 *<>#()97 $8 *C989<56A#7 Y*6A$A :* 3(#CM ^, 7 %*6

C98A*6A#E

F&#6 8#C598*6 H9>(*6 698 #I$*%%#6 *8 I$* *% H$*>%9 T5T* C98 C9<9:5:#:S %#6 8#C598*6(5C#6 698 #I$*%%#6 *8 I$*7 H9( %9 (*)$%#(7 T5T* *8 %# *6A(*C4*@2Q

h 6$ :56CDH$%9 ;4*(>$%5*@^[ #?#:*E

F&96 A(#>#L#:9(*67 #% C99H*(#( C98 %# #C$<$%#C5=8 :* C#H5A#%*6 H(9:$CA5T967 C98A(5>$M*8 H9( 6D <56<96 #%} #C98A*C5<5*8A9 I$*7 A#(:* 9 A*<H(#897 :*>*(K H(5T#(%*6 :* $8# H#(A* :*6$6 6#%#(5962Q

"*(9 %96 *C989<56A#67 #A$(:5:96 * 5:59A5@#:96 H9( 6$6 H(9H596 #$%%5:967 (*6H98:*8EF3(#>#L#:7 A(#>#L#: 658 :*6C#869 H#(# C(*#( T$*6A(9 H(9H59 >5*8*6A#(2Q h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

H(9T9C# A#<>5J8 %96 *6'$*(@96 <K6 H9A*8A*62Q

3(#>#L#:7 A(#>#L#:7 H(9%*A#(5967 H#(# #$<*8A#( %# '9(A$8# 69C5#% M T$*6A(#6 <56*(5#658:5T5:$#%*6S A(#>#L#:7 A(#>#L#: H#(# I$*7 4#C5J8:996 C#:# T*@ <K6 H9>(*67 A*8)K56 <K6(#@=8 :* A(#>#L#( M :* 6*( <56*(#>%*62 3#% *6 %# %*M 58*R9(#>%* :* %# H(9:$CC5=8C#H5A#%56A#2

&96 H(9%*A#(5967 H(*6A#8:9 #A*8C5=8 # %#6 '#%#C*6 H#%#>(#6 :* %96 *C989<56A#67 6* 4#8*8A(*)#:9 *8 C$*(H9 M #%<# #% T5C59 :*% A(#>#L97 C98A(5>$M*8:9 C98 *6A9 # H(*C5H5A#( %#69C5*:#: *8A*(# *8 *6#6 C(5656 58:$6A(5#%*6 :* 69>(*H(9:$CC5=8 I$* A(#6A9(8#8 *%

^`

&96 58:596 :* %#6 A(5>$6 )$*((*(#6 :*% ](#65% <#A#8 # 6$6 *8'*(<96 M # 6$6 #8C5#896S #6D #A*6A5)$#8 6$#<56A#: H985*8:9 '58 # $8# T5:# I$* M# 89 6* (*)9C5L#(K C98 %96 C9<>#A*67 %#6 '5*6A#6 M %#6 :#8@#62 39:96%96 H$*>%96 H(5<5A5T96 4#8 :#:9 *6A#6 H($*>#6 :* #'*CA9 # %96 6$M96E %96 j#6#)*A#6 :*% j#( ;#6H59+c*(=:9A9/7 %9 <56<9 I$* %96 d*86 *8 a%*<#85# M %96 ;*%A#6 :* %# O#%5#2 08 %#6 5)%*65#6 :* 1$*C5#758C%$69 (*C5*8A*<*8A*7 6* C986*(T#>#8 <#@#67 %%#<#:#6 <#@#6 '#<5%5#(*67 :*6A58#:#6 # %5>*(#( # %96 H#:(*6:* %#6 A(56A*@#6 :* %# T*L*@2 NG$J :*)*8*(#:96 *6AK8 %96 H(9%*A#(596 <9:*(896 H#(# #C*HA#( C98 H#C5*8C5#%#6 *6H#8A96#6 <56*(5#6 :*% A(#>#L9 '#>(5%P qN3 ,"- 4/2q 1* 6$*%* C9865:*(#( # *6A# 89A# C9<9 $8 #8$8C5= :* %#6 A*8:*8C5#6 #% 6$5C5:59 :* &#'#()$*7 I$* C$%<58=C98 6$ <$*(A* *8 ,B,, N3 ,"- H /2^, a e3beWb g ;s1aX gV|;3bX Y013f3 Y0 3Xa;h +,l-,g,-k./E :5H$A#:9 :$(#8A* %# (*6A#$(#C5=8 :* %#j98#(I$D# :* t$%597 <5856A(9 :* j#(58# H(5<*( )9>5*(89 :* &$56 e#H9%*=87 6* #%*L= H96A*(59(<*8A* :* %#

H9%DA5C# H9( 6$6 :*6#C$*(:96 C98 J6A*2 1*)\8 O5(#$%A7 %# C5A# :*% A*RA9 H(9C*:* :* 6$ 9>(# @"%%."; ;$.-i&9.('$-%$." N3< ,"- H<O< ^[

V|;3bX ;c0X]f&W0x +,-[Bg,-BB/E #$A9( :* 89T*%#67 9>(#6 :* C(DA5C# %5A*(#(5# M *86#M96 H9%DA5C96 69>(*#%)$896 H#D6*6 *$(9H*96 N3 ,"- H /2



9()#856<9 69C5#% ^^ 2 08A98C*67 C9<9 4#M #>$8:#8C5# :* <*(C#8CD#6 M *6C#6*@ :*C9<H(#:9(*67 6* C5*((#8 %#6 'K>(5C#67 M *% 4#<>(* #@9A# # %#6 H9>%#C598*6 9>(*(#6 C98 6$%KA5)9 :* <5% C9((*#62

&96 H(9%*A#(5967 #A(9'5#:96 M *<>($A*C5:96 H9( *% :9)<# :*% A(#>#L97 89 C9<H(*8:*8 I$*

%# C#$6#% :* 6$ <56*(5# H(*6*8A* *6 *% 69>(*A(#>#L9 I$* 6* 5<H$65*(98 *8 %96 A5*<H96 :* H(*A*8:5:# H(96H*(5:#:S *8 6$ %$)#( C9((*8 # %96 )(#8*(96 :* A(5)9 M )(5A#(E FN3*8*<964#<>(* M I$*(*<96 C9<*(P222 ;5*(A9 *6 I$* 89 A*8*<96 $8 CJ8A5<9S H*(9 #\8 #6D7<*8:5)96 C9<9 69<96 '$5<96 8969A(96 I$5*8*6 C96*C4#<96 *% A(5)9 M T*8:5<5#<96 %#$T#222Q 08 T*@ :* 65A5#( %96 :*H=65A96 :*% 1(2 ]988*A :* t$L$(5*$R Z*% 58T*8A9( :* %96C98T*8A96 58:$6A(5#%*6Z M H(9C%#<#(E

F1(2 ]988*A7 #I$D *6AK8 T$*6A(#6 9>(*(#6 9T#%56A#67 A9(C*:9(#6 :* 6*:#7 45%#8:*(#67A*L*:9(#67 I$* A5*<>%#8 :* '(D9 >#L9 6$6 (9H#6 :* #%)9:=87 A#8 (*<*8:#:#67 I$* 4#6A#

H9:(D#8 C98<9T*( # $8 L$:D9^.S M7 658 *<>#()97 698 *%%#6 I$5*8*6 4#8 45%#:9 M A*L5:9 %96T*6A5:96 :* 6*:# :* %#6 '0'0%%"; :* A9:# %# C(56A5#8:#:2 &#6 58'*%5C*67 A(#>#L#8:9 A(*C*

49(#6 H9( :D#7 89 A*8D#8 A5*<H9 :* #A*8:*( 6$6 %0(-"%%";V H*(9 #49(#7 C9<9 *6AK8:*69C$H#:#67 H$*:*8 C9I$*A*#( $8 H9C9 C98 %96 )J8*(96 :* 6*:# I$* *%%#6 <56<#6 4#8A(#>#L#:92 e#:# <K6 H*(:*( %96 :5*8A*6 :* %*C4* 6* :*:5C#(98 # 4#C*( T$*6A(# '9(A$8# M4#8 T5T5:9 *8 %# #>6A58*8C5#S H*(9 #49(# I$* *6AK8 9C596#6 I$5*(*8 )9@#( :*% '($A9 :* 6$A(#>#L92 V*8)#7 1(2 ]988*A7 *8A(*)$* 6$6 6*:#6S *% 1(2 c#(<*% :#(K 6$6 <$6*%58#6S *% 1(2"9$M*(gG$*(A5*( ^i 6$6 C#%5C=6S *% 1(2 "58*A7 6$6 >9A58*6 H#(# 6$6 H5*C*C5A96 '(D96 M4\<*:96222

V*6A5:#6 :* H5*6 # C#>*@# M 6#%A#8:9 :* #%*)(D#7 6*(K $8 )$6A9 H#(# $6A*:*6C98A*<H%#(%#62 ~85<97 89 A*()5T*(6J56 %#6 C96#6E T969A(96 6956 #<5)96 :* %# 4$<#85:#:

^^ 08 *% A*RA9 H$>%5C#:9 *8 ,--`7 6*)$D# # *6A# '(#6* $8# #<H%5# C5A# :* 08)*%67 I$*7 H9( 6$ 58A*(J67C98T5*8* (*H(9:$C5(EFY*6:* ,-[i7 #?9 *8 I$* *6A#%%= %# H(5<*(# C(5656 )*8*(#%7 *% <$8:9 58:$6A(5#% M C9<*(C5#%7 %# H(9:$CC5=8M *% C9<*(C59 :* %96 H$*>%96 C5T5%5@#:96 M :* 6$6 #8*L96 <K6 9 <*896 >K(>#(967 6* :*A*(59(# C#:# :5*@#?96 #H(9R5<#:#<*8A*2 0% C9<*(C59 6* :*A5*8*7 %96 <*(C#:96 *6AK8 #A*6A#:967 %96 H(9:$CA96 698 A#8#>$8:#8A*6 C9<9 58T*8:5>%*6S %# <98*:# 6* 9C$%A#7 *% C(J:5A9 6* :*6T#8*C*7 %#6 '#>(5C#6 6* C5*((#87 %#

H9>%#C5=8 9>(*(# 6* *8C$*8A(# :*6H(9T56A# :* <*:596 :* 6$>656A*8C5# H9( 4#>*(%96 H(9:$C5:9 #8A*6 *8*RC*697 %#6 >#8C#((9A#6 6* 6$C*:*87 %9 <56<9 I$* %#6 T*8A#6 # H(*C596 D8'5<962 Y$(#8A* #?967 6* <#8A5*8**6A* *RC*69 :* #(ADC$%967 6* :*6H*(:5C5#8 9 :*6A($M*87 *8 )(#8 C#8A5:#:7 %#6 '$*(@#6 H(9:$CA5T#6 M %96

H(9:$CA96 69>(#8A*67 4#6A# I$* :*6#H#(*C* *% *RC*69 :* <*(C#8CD#6 :*6H(*C5#:#6 M %# H(9:$CC5=8 M *%58A*(C#<>59 (*C$H*(#8 H(9)(*65T#<*8A* 6$ (5A<92 "9C9 # H9C97 *% C(*C5<5*8A9 6* #C*%*(# 6* H98* #% A(9A*7

:*% A(9A* 58:$6A(5#% 6* H#6# #% )#%9H* M7 H9( '587 #% )#%9H* A*8:5:9 :* $8# C#((*(# :* 9>6AKC$%967 *8 %# I$* %#58:$6A(5#7 *% C9<*(C597 C(J:5A9 M %# *6H*C$%#C5=87 :*6H$J6 :* %96 6#%A96 <K6 #((5*6)#:967 #C#>#8 *8 *%#>56<9 :* %# C(56562 08A98C*67 4#M I$* T9%T*( # *<H*@#(2 c*<96 #A(#T*6#:9 C58C9 C(5656 :*6:* ,-[i M#C#>#<96 :* 6#%5( :* %# 6*RA#2 0% C#(KCA*( :* *6A#6 C(5656 *6 A#8 C%#(97 I$* m9$(5*( 4# #C*(A#:9 C98 $8#:*89<58#C5=8 )*8*(#% #% %%#<#( # %# H(5<*(#E FC(5656 :* #>$8:#8C5#Q +m2 08)*%67 J0'(&-(;:" $%06(A$" "%

;0'(&-(;:" ;'("*%(#(A$"< ]5>%59AJI$* 19C5#%56A*7 ,--`/2 +X*H(9:$C5:9 *8 j#(Rg08)*%6E Y1.&; ";'09(,&;EA9<9 WW7 j96C\7 ,Bkk7 HK)2 ,.^/ N3 ,"- H /2 ^. 08 *% 65)%9 UWU7 <$C496 L$:D96 %%*)#8 # 0$(9H# bCC5:*8A#%2 aH(9T*C4#8:9 8$*T#6 H965>5%5:#:*6 :*%#$)* C#H5A#%56A#7 6* 58A*)(#8 *8 %# >$()$*6D# 58C5H5*8A*2 e#C* *% *6A*(59A5H9 :* L$:D9 *RH%9A#:9( M $6$(*(92a '58#%*6 :* ,-l`7 #H#(*C* *% AJ(<589 F#8A56*<5A56<9Q N30%& & '$&%.0 :&*0; R ,0; '&#F;O< ^i ]bee03 Y0 tftfXW0fUE 6*)\8 O5(#$%57 6* A(#A# :* $8 '#>(5C#8A* :* 6*:#6 I$* *<H%*#># # $8 <5%%#( :*A(#>#L#:9(*67 M C$M#6 C98:5C598*6 :* A(#>#L9 '$*(98 :*8$8C5#:#6 (*H*A5:#6 T*C*6 N3< ,"- H<O< &0ye caXj0& +,-[Bg,B,i/E 58:$6A(5#% #69C5#:9 # a%>*(A :* j$8 *8 %# C(*#C5=8 :* ;D(C$%96 ;#A=%5C96 :*

9>(*(967 M H(9<9A9( :* %# C99H*(#C5=8 L C(56A5#8#7 69>(* %# I$* *6C(5>5= $8 Q&*$&-< afOf130g3cbja1 "bfh0X gGf0X3W0X +,-[`g,-B,/E '#>(5C#8A* :* #%)9:=8 :* X9$*87 :5H$A#:9 :* %#:*(*C4# :58K6A5C# *8 *% $ W<H*(59 5 Fj5A(9 :* m58#8@#6 *8 *% H(5<*( )#>58*A* 345*(6 N3< ,"- H<O<



M C(56A5#8967 H9( #?#:5:$(#7 u89 *6 C5*(A9v222 H$*6 >5*8E H98*: # :56H965C5=8 :* T$*6A(#69>(*(#6 %# '9(A$8# I$* 96 4#8 *:5'5C#:9 C98 %# C#(8* :* 6$ C#(8*2

ue9 6956 #<5)96 :*% C9<*(C59v "$*67 *8A98C*67 '#C5%5A#: %# C5(C$%#C5=8 :* %#6<*(C#8CD#6S 4* #I$D C986$<5:9(*6 'KC5%<*8A* *8C98A(#:96E 89 A*8J56 <K6 I$* #>(5(%*6

C(J:5A96 5%5<5A#:962 06AK56 9>%5)#:96 # #>(5(%96 # 8*)9C5#8A*6 I$* 89 C989CJ56 :* 8#:#7I$* 89 96 4#8 :#:9 8#:#7 85 $8 T#69 :* #)$# 65I$5*(#2 V$*6A(#6 9>(*(#6 6* %#6 #H#?#(K8C9<9 H$*:#8S 65 *% :D# :*% T*8C5<5*8A97 9&:1"%(T&*Mj M 89 C$<H%*8 C98 6$6 '5(<#67 %#6:*C%#(#(J56 *8 I$5*>(#7 M 65 89 4#%%K56 8#:# I$* *<>#()#( *R5)5(J56 I$* 96 H#)$*8 C98

H%*)#(5#6E *%%#6 96 *8T5#(K8 #% H#(#D69 <*L9( I$* T$*6A(96 #>#A*6 8*)(96 C98 %#6 8#(5C*6%%*8#6 :* (#HJ2Q

08 T*@ :* #H(9T*C4#(6* :* %96 <9<*8A96 :* C(5656 }H#(# $8# :56A(5>$C5=8 )*8*(#% :* %96 H(9:$CA96 M H#(# $8 )9C* $85T*(6#%7 %96 9>(*(967 <$(5J8:96* :* 4#<>(*7 T#8 # )9%H*#(C98 6$6 C#>*@#6 %#6 H$*(A#6 :* %#6 'K>(5C#62 ;98 %96 (96A(96 :*6C#(8#:96 M %96 C$*(H96*8'%#I$*C5:967 #6#%A#8 # %96 '#>(5C#8A*6 4$<5%:*<*8A*7 4#C5*8:9 %9 H965>%* H9( *RC5A#(

6$ C9<H#65=8E

F]$*8 1(2 ;4#)9A7 :$%C* 1(2 1C48*5:*( ^l7 :#:896 A(#>#L9S 89 *6 *% 4#<>(*76589 %# H#65=8 :*% A(#>#L9 %9 I$* 896 #A9(<*8A#2Q

h *696 <56*(#>%*67 I$* #H*8#6 A5*8*8 '$*(@#6 H#(# 696A*8*(6* *8 H5*7 T*8:*8 :9C* 9C#A9(C* 49(#6 :* A(#>#L9 H9( %# A*(C*(# H#(A* :*% H(*C59 I$* *R5)D#8 C$#8:9 A*8D#8 A(#>#L9:* 69>(#2 h %96 '5%K8A(9H96 :* %# 58:$6A(5# 6* #H(9T*C4#8 :* *6A#6 C(5656 H#(# '#>(5C#( <K6

>#(#A92

15 %#6 C(5656 58:$6A(5#%*6 6$C*:*8 # %96 H*(D9:96 :* 69>(*A(#>#L9 A#8 '#A#%<*8A* C9<9 %#89C4* #% :D#7 #((#6A(#8:9 C9865)9 *% :*6*<H%*9 '9(@969 M %# <56*(5# 658 6#%5:#7 A#<>5J8

H(9:$C*8 %# >#8C#((9A# 58*R9(#>%*2

j5*8A(#6 *% '#>(5C#8A* A5*8* C(J:5A97 #%5*8A# 658 C*6#( %# H#65=8 :*% A(#>#L97 #C$<$%#8:9:*$:#6 69>(* :*$:#6 H#(# H(9T**( :* <#A*(5# H(5<# # 6$6 9>(*(962 c#C* H(9:$C5( 658

H*86#( I$* *% <*(C#:9 6* 6#A$(#7 M I$*7 65 6$6 <*(C#8CD#6 89 %%*)#8 # T*8:*(6*7 6$6 H#)#(*6 %%*)#(K8 #% T*8C5<5*8A92 aC9((#%#:97 T# # 5<H%9(#( #% L$:D97 6* %* #((9L# # 6$6 H5*67 %* 9'(*C* 6$ 6#8)(*7 6$ 4989(2 Ff8 H9I$5A9 :* 9(9 4#(D# <*L9( <5 8*)9C59 Z

^k

Y* &0ye Oaj]033a +,-^-g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a%*<#85#2 &%*)= # H(*65:*8A* :*% ;986*L9 *8 ,--,7 H*(9 '$* :*((9A#:9 #% #?9 65)$5*8A*7M <$(5= 6\>5A#<*8A* H9C9 :*6H$J6 N3 ,"- H /2 ^l ;caOb37 1;ce0WY0X E H#A(9896 C989C5:96 H9( 6$ H#A*(8#%56<92 &# '#<5%5# ;4#)9A 4#>D# 9()#85@#:9 $8C98L$8A9 :* 586A5A$C598*6 69C5#%*6 H#(# %96 9>(*(96 :* 6$ 58:$6A(5#7 I$* (*C5>5= $8 H(*<59 :* %# aC#:*<5#:* ;5*8C5#6 j9(#%*62 m$* C9865:*(#:# H9( a%>*(A :* j$8 C9<9 <9:*%9 :* H#A(9896 C(56A5#8962 0$)J8* Ma:9%H4* 1C48*5:*( '$*(98 %96 C(*#:9(*6 :* $8# 5<H9(A#8A* 69C5*:#: <*A#%\()5C# *8 ;(*$69A7 I$* %%*)= #C98T*(A5(6* *8 $8# :* %#6 H(5<*(#6 *<H(*6#6 :*% 6*CA9( *8 *% <$8:92&#'#()$* #A#C= C98 '(*C$*8C5# # *6A96 H#A(98967 9 # %96 <*8C598#:96 *8 %# 89A# #8A*(59(7 H9( C9865:*(#(

I$* 6$ H#A*(8#%56<9 *(# %# <K6C#(# I$* *8C$>(D# $8# <#M9( *RH%9A#C5=8 :* %96 9>(*(96 :* 6$6 *<H(*6#6+T*(7 H9( *L*<H%97 6$ #(ADC$%9 Ff8 Y56C9$(6 :$ "9<H5*(Q7 *8 ?"B%"; 5/0(;(;E A9<9 W7 HK)2 ,klg,lB/ N3 ,"- H /2



(*6H98:* *% X9A46C45%:ZS A*8J56 T*58A* <5% H#(*6 :* <*:5#6 *8 :*H=65A9E T#%*8 T*58A*6$*%:967 M9 %#6 C9<H(9 # C$#A(92Q

b>A*85:#6 %#6 <*:5#67 *% L$:D9 %#6 T*8:* # 6*56 $ 9C49 6$*%:96 M 6* *<>9%6# ($A5%#8A*6<98*:#6 :* C5*8 6$*%:96 I$* 89 :*>*8 8#:# # 8#:5*S H*(9 *% '#>(5C#8A* 4# (*A(9C*:5:9

H#(# 6#%A#( <*L9(2 &%*)#7 '58#%<*8A*7 %# I$5*>(#7 M %96 :*H=65A96 :*6>9(:#8S 6* #((9L#8*8A98C*6 A#8A#6 <*(C#8CD#6 H9( %# T*8A#8#7 I$* 89 6* C9<H(*8:* C=<9 4#M#8 H9:5:9*8A(#( H9( %# H$*(A#2 1* C#%C$%# *8 C*8A*8#(*6 :* <5%%98*6 *% T#%9( :* %#6 <*(C#8CD#6:*6A($5:#6S *8 *% 65)%9 RT555 6* I$*<#>#8 9 *C4#>#8 #% <#( ^-2

"*(9 #8A*6 :* A9<#( *6A# :*C565=87 %96 '#>(5C#8A*6 (*C9((*8 *% <$8:9 *8A*(9 >$6C#8:9$8# 6#%5:# H#(# %#6 <*(C#8CD#6 I$* 6* #<98A98#8S 9>%5)#8 # 6$6 )9>5*(896 # #8*R598#(6*;98)967 # C98I$56A#( *% 398r7 %# 0(5A(*#7 *% Y#49<*M7 M # :*<9%*( # C#?98#@96 %#6<$(#%%#6 :* %# ;458#7 C98 *% \85C9 '58 :* H9:*( :*6H#C4#( 6$6 )J8*(96 :* #%)9:=82Y$(#8A* %96 \%A5<96 65)%967 A$T9 %$)#( $8 :$*%9 # <$*(A* *8A(* m(#8C5# * W8)%#A*((# H#(#:*C5:5( I$5J8 )9@#(D# :*% H(5T5%*)59 *RC%$65T9 :* T*8:*( *8 a<J(5C# M *8 %#6 W8:5#62

j5%%#(*6 :* 49<>(*6 L=T*8*6 M T5)9(9696 4#8 A*85:9 I$* *8(9L*C*( *% <#( C98 6$ 6#8)(**8 %#6 )$*((#6 C9%985#%*6 :* %96 65)%96 RT57 RT55 M RT5552

&96 C#H5A#%*6 #>$8:#8 C9<9 %#6 <*(C#8CD#62 &96 '58#8C5*(96 89 6#>*8 M# :=8:*C9%9C#(%967 M T#87 H9( *697 # %#6 8#C598*6 '*%5C*6 I$* )#8:$%*#8 #% 69% '$<#8:9A(#8I$5%#<*8A*7 # C986A($5( '*((9C#((5%*67 # *(5)5( '#>(5C#67 # 5<H9(A#( %# <#%:5C5=8 :*%A(#>#L92 h *6A# *RH9(A#C5=8 :* C#H5A#%*6 '(#8C*6*6 A*(<58# $8 >$*8 :D# C98C9<H%5C#C598*6 :5H%9<KA5C#6 ZC9<9 *8 0)5HA97 :98:* H9C9 '#%A= H#(# I$* m(#8C5#7W8)%#A*((# M a%*<#85# 6* #)#((#(#8 :* %96 H*%96 H#(# #T*(5)$#( # I$J $6$(*(96 6* :*>*(D#

H#)#( #8A*6Z7 9 C98 )$*((#6 C9<9 %# :* jJL5C97 :98:* 6* <#8:#8 69%:#:96 '(#8C*6*6 #4#C*( *% 9'5C59 :* #%)$#C5%*6 H#(# C9>(#( <#%#6 :*$:#6^B2

^- 08 *% ;98)(*69 W8:$6A(5#% C*%*>(#:9 *8 ]*(%D8 *% [, :* *8*(9 :* ,-lB7 6* *T#%$= *8 I$585*8A96 6*6*8A# M9C49 <5%%98*6 :* '(#8C96 %# H*(:5:# I$* A$T9 %# 58:$6A(5# :*% 45*((9 *8 a%*<#85# :$(#8A* %# \%A5<# C(5656N3 ,"- 4/2 ^B @& g$;%('(&E :*% 1(2 ;%*<*8C*#$q7 :*CD# *8 6$ H#(A* '58#8C5*(#EFc*<96 9D:9 696A*8*( *6A# 9H585=8E I$*7 # '#%A# :* "($65#7 %96 <5%%98*6 :* %# )$*((# :* ,-l` 4#>(D#8 65:95)$#%<*8A* H*(:5:96 H9( m(#8C5# *8 '9(<# :* H(J6A#<96 *<5A5:96 H*(5=:5C#<*8A* H#(# *I$5%5>(#( %96

H(*6$H$*6A96 :* %96 *6A#:96 *RA(#8L*(962 3#% *6 A#<>5J8 8$*6A(# 9H585=82Q 08 C58C9 <5%%98*6 6* C#%C$%#8%#6 HJ(:5:#6 :* %96 C#H5A#%*6 58)%*6*6 H9( %96 H(J6A#<96 # %#6 X*H\>%5C#6 :* %# a<J(5C# :*% 1$(2 &96A(#>#L#:9(*6 '(#8C*6*6 4#8 H(9:$C5:97 89 6=%9 %96 C58C9 <5% <5%%98*6 H#)#:96 # ]56<#(Cr7 6589 I$*C98A58\#8 A9:#TD# H#)#8:9 %96 58A*(*6*6 :* %# 58:*<85@#C5=8 :* )$*((# # %96 b%%5T5*(7 # %96 O5(#(:587 M #

%96 ]#@#58*qq +V*( 6P9<MfOE I$* '$*(98 %96 C#$6#8A*6 :* %# )$*((# M %#6 :*((9A#62 158 *<>#()97 %*6 I$*:#$8 C986$*%9E *6A96 C58C9 <5% <5%%98*6 89 9C#6598#(98 )$*((#6 H#(# (*C98I$56A#( A*((5A9(596 N3< ,"- 4<O< q O0bXO01g]0etajWe ;&0j0e;0af +,-.,g,B[B/E <J:5C97 H*(59:56A# +'$* :5(*CA9( :* @& g$;%('"E M:*6H$J6 :* @G4$.0."O M :5(5)*8A* :* %# *RA(*<# 5@I$5*(:# >$()$*6#2 ;$#8:9 &#'#()$* *6C(5>* 6$ '9%%*A9*(# :5H$A#:9 :* "#(56S H96A*(59(<*8A*7 #%C#8@= %96 <K6 #%A96 C#()96 H9%DA5C96E <5856A(9 :*% W8A*(59(7

H(*65:*8A* :*% ;986*L9 *8 ,B`kg,B`B7 M *8 ,B,l N3 ,"- H /2qq 0jW&0 b&&WVW0X +,-[ig,B,^/E #>9)#:9 M H9%DA5C9S '$* 89<>(#:9 H9( e#H9%*=8 WWW H(5<*( <5856A(9 *8,-l`2 1* :*C%#(= H#(A5:#(59 :* *8A(#( *8 )$*((# C98 a%*<#85#S A(#6 %96 H(5<*(96 (*T*6*67 '$* :*6A5A$5:9 :*6$ C#()920jW&0 OWXaXYWe +,-`kg,--,/E H$>%5C56A# M H9%DA5C97 '$8:#:9( M :5(*CA9( :* @& C.";;"E +,-^k/7 *% H(5<*(

H*(5=:5C9 H9%DA5C9 I$* 6* T*8:5= # >#L9 H(*C597 :*'*8:5=7 :*6:* J6A* M 9A(96 H*(5=:5C967 %# H9%DA5C# :*%W<H*(597 %# *8A(#:# *8 )$*((# C98A(# "($65#7 M7 H96A*(59(<*8A*7 %# H9%DA5C# :* 345*(62a;cf&0 ]axaWe0 +,-,,g,---/E <#(56C#% :* m(#8C5#7 89<>(#:9 )*8*(#%D65<9 #% C9<5*8@9 :* %# )$*((#

'(#8C9gH($65#8#2 X*A(9C*:5= (*H*A5:#<*8A* #8A* %#6 A(9H#6 #%*<#8#67 6* (*'$)5= C98 6$ *LJ(C5A9 *8 j*A@7 M#C#>= C#H5A$%#8:9 M *8A(*)#8:9 %# C5$:#: 658 (*656A*8C5#2 ;98:*8#:9 # <$*(A* *8 ,-l^ H9( *6A#C#H5A$%#C5=87 C9865)$5= *T#:5(6* *8 ,-l.7 M 6* (*'$)59 *8 j#:(5: N3< ,"- H<O<



06A#6 <56*(5#6 58:5T5:$#%*6 M 69C5#%*67 H9( )(#8:*6 * 588$<*(#>%*6 I$* 6*#8 M H9(*A*(8#6 I$* H#(*@C#8 65 :*6T#8*C*(K87 C9<9 %#6 45*8#6 M %96 C4#C#%*6 #% #C*(C#( 6* *%%*=87 C$#8:9 *% H(9%*A#(5#:9 :5)#E

!"# %# &'()*#+,

"*(9 H#(# I$* %%*)$* # %# C98C5*8C5# :* 6$ '$*(@# *6 8*C*6#(59 I$* *% H(9%*A#(5#:9 H569A**%96 H(*L$5C596 :* %# <9(#% FC(56A5#8#Q7 *C98=<5C# M %5>(*H*86#:9(#S *6 8*C*6#(59 I$*T$*%T# # 6$6 586A58A96 8#A$(#%*67 I$* H(9C%#<* %96 ="."'/0; & -& 6"."T&E <5% M <5% T*C*6<K6 89>%*6 M <K6 6#)(#:96 I$* %96 AD65C96 ="."'/0; ,"- /0:1."E C98C*>5:96 H9( %96#>9)#:96 <*A#'D65C96 :* %# (*T9%$C5=8 >$()$*6#S I$* 6* 9>%5)$* # 89 A(#>#L#( <K6 :* A(*649(#6 :5#(5#67 49%)#@#8*#8:9 M )9@#8:9 *% (*6A9 :*% :D# M :* %# 89C4*2

c#6A# #I$D <5 A#(*# 4# 65:9 'KC5%S 6=%9 4* A*85:9 I$* :*6C(5>5( <#%*6 (*#%*67 >5*8C989C5:967 N#MP7 H9( A9:96 8969A(962 j#6 C98T*8C*( #% H(9%*A#(5#:9 :* I$* %96 H(9H=65A96I$* 6* %* 4#8 58C$%C#:9 698 H*(T*(696S I$* *% A(#>#L9 :*6*8'(*8#:9 #% C$#% 6* 4#

*8A(*)#:9 :*6:* H(58C5H596 :* 65)%97 *6 *% <K6 A*((5>%* #@9A* I$* L#<K6 4# C#6A5)#:9 # %#4$<#85:#:7 2M I$* *% A(#>#L9 6* C98T*(A5(K *8 $8 C98:5<*8A9 :* %96 H%#C*(*6 :* %# H*(*@#7*8 $8 *L*(C5C59 >*8J'5C9 #% 9()#856<9 4$<#89 M *8 $8# H#65=8 \A5% #% 9()#856<9 69C5#%C$#8:9 6*# 6#>5#<*8A* (*)$%#(5@#:9 M %5<5A#:9 # $8 <KR5<9 :* A(*6 49(#67 *6 $8# A#(*##(:$# M 6$H*(59( # <56 '$*(@#62 19%#<*8A* '565=%9)967 45)5*856A#67 M *C989<56A#6C9<$856A#6 H9:(D#8 *<H(*8:*(%#2

08 %#6 HK)58#6 65)$5*8A*6 <* %5<5A#(J # :*<96A(#( I$*7 :#:96 %96 <*:596 <9:*(896 :* H(9:$CC5=8 M 6$ H9A*8C5# (*H(9:$CA5T# 5%5<5A#:#7 *6 8*C*6#(59 :9<58#( %# *RA(#T#)#8A* H#65=8 :* %96 9>(*(96 H9( *% A(#>#L97 M 9>%5)#(%96 # C986$<5( %#6 <*(C#8CD#6 I$* H(9:$C*82



5&6(%$-0 ?."; @0 A$" ;(9$" &- "B'";0 ," 6.0,$''()*<

f8 H9*A# )(5*)9 :* %# JH9C# :* ;5C*(=8 Za8ADH#(96Z C#8A#># *8 %96 65)$5*8A*6AJ(<5896 %# 58T*8C5=8 :*% <9%589 :* #)$# +H#(# %# <9%5*8:# :*% A(5)9/7 5># # *<#8C5H#( #%#6 <$L*(*6 *6C%#T#6 M # A(#*( %# *:#: :* 9(9E

FNa49((#: *% >(#@9 I$* 4#C* )5(#( %# H5*:(#7 94 <9%58*(#67 M :9(<5:A(#8I$5%#<*8A*P NG$* *8 T#89 96 #:T5*(A# *% )#%%9 I$* *6 :* :D#P YK8#*4# 5<H$*6A9 # %#6 858'#6 *% A(#>#L9 :* %#6 *6C%#T#67 M #4D *6AK8 >(58C#8:9#%*)(*<*8A* 69>(* %# ($*:#7 M #4D *6AK *% *L* 6#C$:5:9 I$* C98 6$6 (#M964#C* )5(#( %# H*6#:# H5*:(#2 V5T#<96 :* %# T5:# :* 8$*6A(96 H#:(*6 M)9C*<96 9C59696 :* %96 :98*6 I$* %# :596# C98C*:*2Q

"*(97 N#MP7 %96 9C596 I$* *% H9*A# H#)#89 #8$8C5#># 89 4#8 %%*)#:9 A9:#TD#2

&# H#65=8 C5*)#7 H*(T*(6# M 49<5C5:# :*% A(#>#L9 A(#86'9(<# %# <KI$58# %5>*(#:9(# *8586A($<*8A9 :* *6C%#T5A$: :* %96 49<>(*6 %5>(*6E 6$ H(9:$CA5T5:#: %96 *<H9>(*C*2

f8# >$*8# 9>(*(# 89 4#C* C98 6$ 4$69 <K6 :* C58C9 <#%%#6 H9( <58$A9S C5*(A#6<KI$58#6 4#C*8 A(*58A# <5% *8 *% <56<9 A5*<H92 ;#:# <58$A9 :* %# <KI$58# *I$5T#%*7

H9( C9865)$5*8A*7 # C5*8 49(#6 :* A(#>#L9 :* %# 9>(*(#7 97 %9 I$* *6 5)$#%E C#:# <58$A9 :*A(#>#L9 :* %# <KI$58# C98C*:* # %# 9>(*(# :5*@ :D#6 :* (*H9692

&9 I$* *6 C5*(A9 H#(# %# 58:$6A(5# :* %96 A*L5:96 %9 *67 <K6 9 <*8967 H#(# A9:#6 %#658:$6A(5#6 (*89T#:#6 H9( %# <KI$58# <9:*(8#2

"*(9 uI$J T*<96v a <*:5:# I$* %# <KI$58# 6* H*('*CC598# M 6$6A5A$M* C98 $8# (#H5:*@M H(*C565=8 C#:# T*@ <#M9( #% A(#>#L9 4$<#897 *% 9>(*(97 *8 T*@ :* #$<*8A#( 6$ (*H969*8 %# <56<# C#8A5:#:7 (*:9>%# #\8 <K6 6$ *6'$*(@97 C9<9 65 I$565*(# (5T#%5@#( C98 %#<KI$58#2 Nb4 C9<H*A*8C5# #>6$(:# M #6*658#P

"#(# :#( %5>(* C$(69 # *6A# C9<H*A*8C5# *8A(* *% 49<>(* M %# <KI$58#7 %96 H(9%*A#(596 4#8#>9%5:9 %#6 6#>5#6 %*M*6 I$* %5<5A#>#8 *% A(#>#L9 :* %96 #(A*6#896 :* %#6 #8A5)$#6C9(H9(#C598*67 M 4#8 6$H(5<5:9 %96 :D#6 :* '5*6A#.`2

.` 08 %# 0:#: j*:5#7 %#6 %*M*6 :* %# 5)%*65# )#(#8A5@#>#8 # %96 9>(*(96 B` :D#6 :* (*H969 #% #?9 Zi[:9<58)96 M ^- :D#6 '*(5#:96Z *8 %96 C$#%*6 *6A#># A*(<58#8A*<*8A* H(945>5:9 A(#>#L#(2 m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

H5:5= 6$ (*:$CC5=8 #% H#H#7 I$5*8 6* 8*)=7 H9( 6*( F$8# 4*(*LD# *8 >9)# A9C#( %96 :D#6 :* '5*6A#Q2 N5&.%&,"- '&.,"*&- ," Y;;&%<O "*(97 *8 ,kkk7 "J(J'5R*7 #(@9>56H9 :* "#(D67 6$H(5<5= ,l *8 6$ :5=C*6562 0%

H(9A*6A#8A56<97 I$* *(# %# (*%5)5=8 C(56A5#8# #C9<9:#:# # %#6 8$*T#6 8*C*65:#:*6 58:$6A(5#%*6 M

C9<*(C5#%*6 :* %# >$()$*6D#7 :*6C$5:= *% (*H969 H9H$%#(E :*6A(98= %96 6#8A96 :*% C5*%9 H#(# #>9%5( 6$6'5*6A#6 *8 %# A5*((#2 &# (*'9(<# (*%5)596# M *% %5>(*H*86#<5*8A9 '5%96='5C9 89 '$*(98 <K6 I$* H(*A*RA96 :*%96 I$* 6* T#%5= %# >$()$*6D# L*6$DA5C# M (#H#@ H#(# *6C#<9A*#( #% H$*>%9 %96 :D#6 '*6A5T96 N3< ,"- 4<O<



"*(9 u#C#69 6* C(**7 I$* H9(I$* %96 9>(*(96 A(#>#L#(#8 *8A98C*6 C58C9 :D#6 69>(* 65*A*7T5TD#8 6=%9 :* #5(* M #)$# '(*6C#7 C9<9 C$*8A#8 %96 <*8A5(9696 *C989<56A#6v NV*8)# M#P0%%96 A*8D#8 9C596 H#(# H(9>#( %96 )9C*6 :* %# A5*((#7 H#(# 4#C*( *% #<9( M (*D(6*7 M

>#8I$*A*#( #%*)(*<*8A* *8 4989( # %# L$>5%96# :596# c9%)#@#8*(D#2

&# 69<>(D# W8)%#A*((#7 C98T*(A5:# *8 %# <9L5)#A# :*% H(9A*6A#8A56<97 6* %%#<#># *8A98C*6%# F#%*)(* W8)%#A*((#Q NQ"..R H*9-&*,O<

X#>*%#567 G$*T*:97 ;*(T#8A*67 %96 #$A9(*6 :*6C989C5:96 :* %#6 89T*%#6 H5C#(*6C#67 8964#C*8 %# >9C# #)$# C98 %#6 *6C*8#6 :* #I$*%%#6 <98$<*8A#%*6 C9<5%98#6 C98 I$* 6*(*)#%#>#8 *8 #I$*%%# JH9C# *8A(* :96 >#A#%%#6 M :96 :*T#6A#C598*6 M *8 %#6 I$* 89 6**6C#A5<#># *8 8#:#.,2 t9(:K*86 M %# *6C$*%# '%#<*8C# :* H58A$(# 896 %#6 4#8 (*H(9:$C5:9*8 6$6 A*%#6 T5T#C*62

1$>%5<*6 *6A=<#)96 )#()#8A$*6C967 uI$J 96 4# H#6#:9v 1$>%5<*6 C*(*>(96 I$**8C*((#>#8 A9:9 *% H*86#<5*8A9 4$<#897 u:=8:* 4#>J56 5:9 # H#(#(v N;$K8A9 4*<96

:*)*8*(#:9 M *<H*I$*?*C5:9P &# T#C# (#>596#7 %# H#A#A#7 *% T589 #:$%A*(#:9 M *%#)$#(:5*8A* H($65#89 C9<>58#:96 C98 %96 A(#>#L96 '9(@96967 4#8 :*>5%5A#:9 8$*6A(96C$*(H96 M *8C9)5:9 8$*6A(#6 <*8A*62 Nh *6 H(*C56#<*8A* *8A98C*6 C$#8:9 *% 49<>(*(*6A(58)* 6$ *6A=<#)9 M %# <KI$58# #$<*8A# 6$ H(9:$CA5T5:#:7 C$#8:9 %96 *C989<56A#6

H(*:5C#8 %# A*9(D# <#%A4$65#8#7 %# (*%5)5=8 :* %# #>6A58*8C5# M *% :9)<# :*% A(#>#L9P3*8:(D#<96 I$* #((#8C#(%*6 %# %*8)$# M A5(K(6*%# # %96 H*((962

;9<9 %# C%#6* A(#>#L#:9(#7 *8 6$ 58)*8$5:#: M >$*8# '*7 6* 4# :*L#:9 #:9CA(58#(7 M 6* 4##((9L#:9 C5*)#<*8A*7 C98 6$ 5<H*A$965:#: 8#A5T#7 #% A(#>#L9 M # %# #>6A58*8C5#7 %# C%#6*C#H5A#%56A# 6* T* C98:*8#:# # %# H*(*@# M #% )9C* '9(@#:97 # %# 5<H(9:$CA5T5:#: M #%69>(*C986$<92 "*(9 65 *% 69>(*A(#>#L9 :*% H(9%*A#(5#:9 #85I$5%# 6$ C#(8* M #A*8#@# 6$68*(T5967 *% *RC*69 :* C986$<9 89 *6 <*896 '*C$8:9 *8 6$'(5<5*8A96 H#(# *% >$()$J62

&# #>6A58*8C5#7 # %# C$#% 6* C98:*8# %# C%#6* H(9:$CA9(# 9>%5)# # %96 >$()$*6*6 #C986#)(#(6* #% 69>(*C986$<9 :* %96 H(9:$CA96 I$* '#>(5C# :*69(:*8#:#<*8A*2

a% H(58C5H59 :* %# H(9:$CC5=8 C#H5A#%56A#7 4#C* $89 9 :96 65)%967 *% >$()$J6 *(# $849<>(* 9(:*8#:97 :* C96A$<>(*6 <9:*(#:#6 M H#CD'5C#6S 6* C98A*8A#># C98 6$ <$L*( 9C#657 >*>D# C$#8:9 A*8D# 6*:7 C9<D# C$#8:9 A*8D# 4#<>(*2 Y*L#># # %96 C9(A*6#896 MC9(A*6#8#6 %#6 89>%*6 T5(A$:*6 :* %# T5:# :569%$A#2

., 06A#6 '5*6A#6 H#8A#)($J%5C#6 :$(#>#8 6*<#8#6 *8A*(#62 Y98 X9:(5)9 :* &#(# C98I$56A= # 6$ 89T5#*RH$%6#8:9 # %96 <9(96 :* ;#%#A(#T#S M *8 *% !0:&*'".0 8#((# I$*E F&#6 >9:#6 '$*(98 *8 ]$()962•&#6A9(8#>9:#6 *8 1#%#6S•08 >9:#6 M A9(8#>9:#6•"#6#(98 65*A* 6*<#8#62•3#8A#6 T5*8*8 :* %#6 )*8A*67•G$* 89C#>*8 H9( %#6 H%#@#6222Qq &96 49<>(*6 :* #I$*% 8$HC5#%*6 :* l 6*<#8#6 '$*(98 %96 4*(95C96 69%:#:96 :*%#6 )$*((#6 :* %# W8:*H*8:*8C5#qq N3< ,"- 4<O< q 08 C#6A*%%#89 *8 *% 9(5)58#% N3< ,"- H<O< qq Y* 8$*T9 &#'#()$* (*C$((* # *L*<H%96 H(9C*:*8A*6 :* %# %5A*(#A$(# *6H#?9%# H#(# C9869%5:#( 6$#()$<*8A#C5=82 ;9<9 6*?#%# j9(#A97 *8 6$ >59)(#'D# :* &#'#()$*7 J6A* F)$6A= :* 8$*6A(# %5A*(#A$(# +222/769>(* A9:9 :*% X9<#8C*(9QS #'5C5=8 I$* A#<>5J8 4#>D# 65:9 C$%A5T#:# H9( j#(R M 6$ '#<5%5#7 C9<9

:*6C$>(5= a86*%<9 &9(*8@9 *8 6$ T5#L* # &98:(*6 *8 ,-l, +V*( t2 t2 j9(#A9E @I,"."; ,"- :0D(:("*%001.".0 ";6&k0-E HK)7 ,^`g,^,S M a2 &9(*8@9 H- C.0-"%&.(&,0 Q(-(%&*%"< 39%9$6* ,B.kg.l7 A9<9 W7 HK)2,-kg-l/ N3 ,"- H /2



c9M :D#7 89 *R56A* >$()$J6 I$* 89 6* %%*8* :* C#H98*6 C98 A($'#6 M :* &#'5A* .[7 H#(##%*8A#( # %96 C(5#:9(*6 :* #85<#%*6 :* &# m%*C4*7 M # %96 T585C$%A9(*6 >9(:*%*6*6S 85 45L9:* #:T*8*:5@9 *8(5I$*C5:9 I$* 89 6* C(*# *8 %# 9>%5)#C5=8 :* :*6#((9%%#( %# H(96A5A$C5=8M :* <*(C$(5#%5@#( 6$ C$*(H97 # '58 :* *8C98A(#( $8 9>L*A5T9 # %96 A(#>#L96 I$* 6*5<H98*8 %96 9>(*(96 :* %#6 <58#6 :* <*(C$(592

08 *6A* 9'5C59 *% 9()#856<9 6* :*A*(59(# (KH5:#<*8A*S %96 C#>*%%96 C#*8S %96 :5*8A*6 6*#'%9L#8S *% A(98C9 6* :*'9(<#S %# >#((5)# 6* 458C4#S %# (*6H5(#C5=8 6* *8A9(H*C*S %96<9T5<5*8A96 6* T$*%T*8 H*6#:96S %#6 #(A5C$%#C598*6 6* #8I$5%96#8S %#6 '#%#8)*6 6*#8$:#82

bA(967 :*<#65#:9 *8C%*8I$*6 H#(# 69H9(A#( %#6 '#A5)#6 :* %# T5:# %5>*(A58#7 H*(9 :9A#:96:* %# L9(9># :*% H(9$:49856<97 #A(9'5#8 6$6 C*(*>(96 *8 *%$C$>(#(7 C9<9 %96 O#(85*( :*%# *C989<D# H9%DA5C# M %96 aC9%%#6 :* %# '5%969'D# t$(D:5C#.^7 )($*696 %5>(96 69H9(D'*(967 M:#( #6D 9C$H#C5=8 # %96 *8C$#:*(8#:9(*6 M # %96 A5H=)(#'962

&#6 <$L*(*6 <$8:#8#6 %%*T#8 $8# T5:# :* <K(A5(*62 "#(# H(9>#( M :#( T#%9( # %96<K)5C96 T*6A5:96 I$* 6* *6'$*(@#8 *8 C98'*CC598#( %#6 <9:56A#67 %#6 H9>(*6 H#6#8C98A58$#<*8A* :* $89 # 9A(9 A(#L*S *8A(*)#8 6$6 C#>*@#6 T#CD#67 :$(#8A* 49(#6 M 49(#67 #%96 #(A56A#6 :*% H*%97 I$5*8*6 #86D#8 6#C5#( %# C986A($CC5=8 :* '#%696 <9?962 aH(*A#:#6 *86$6 C9(6J6 M *8 6$6 >9A58*6 *6A(*C4967 M *6C9A#:#6 # H$8A9 :* 4#C*( ($>9(5@#( # $8@#H#:9(7 )5(#8 *8 6$6 >#5%*6 :* C#(5:#:7 :$(#8A* 89C4*6 *8A*(#67 # '58 :* (*C9)*( #%)$896CJ8A5<96 H#(# *% <$8:9 H9>(*2 N1#8A#6 #%<#6P

"#(# C$<H%5( C98 6$ :9>%* '$8C5=8 69C5#% :* 5<H(9:$CA9( M :* 69>(*C986$<5:9(7 *% >$()$J6 89 6=%9 A5*8* I$* T59%*8A#( 6$6 )$6A96 <9:*6A967 H*(:*( 6$6 C96A$<>(*6%#>9(596#6 :* 4#C* :96 65)%967 M :#(6* #% %$L9 :*6*8'(*8#:97 # %#6 58:5)*6A598*6 A($'#:#6 M# %#6 :569%$C598*6 65'5%DA5C#67 6589 I$* A5*8* I$* 6$6A(#*( #% A(#>#L9 H(9:$CA5T9 $8# <#6#*89(<* :* 49<>(*67 H#(# H(9C$(#(6* #M$:#2

c* #I$D #%)$8#6 C5'(#6 I$* H($*>#8 %9 C9%96#% I$* *6 *6# HJ(:5:# :* '$*(@#6 H(9:$CA5T#62

F1*)\8 *% C*869 :* ,-k,7 %# H9>%#C5=8 :* W8)%#A*((# M :*% H#D6 :* O#%*6 *(# :*[`2`kk2[.. H*(698#67 :* %#6 C$#%*6 B2llk2[lB :*% 6*R9 <#6C$%5897 M ,`2[-B2Bki :*% 6*R9'*<*85892 15 6* :*:$C*8 %96 <$M T5*L96 9 %96 <$M L=T*8*6 H#(# A(#>#L#(S %#6 <$L*(*67 %96#:9%*6C*8A*6 M %96 85?96 5<H(9:$CA5T96S %$*)97 %#6 H(9'*6598*6 (,"0-)9('&;E C9<9 %96)9>*(8#8A*67 %# H9%5CD#7 *% C%*(97 %# <#)56A(#A$(#7 *% *LJ(C5A97 %96 6#>5967 %96 #(A56A#67 *AC27

M7 A(#6 J6A967 # %# )*8A* 9C$H#:# *RC%$65T#<*8A* *8 C9<*(6* *% A(#>#L9 :* %96 :*<K67 >#L9 '9(<# :* #%I$5%*(*67 58A*(*6*67 :5T5:*8:967 *AC2S M H9( \%A5<9 %96 H9>(*67 %96T#)#>$8:967 %96 C(5<58#%*67 *AC27 I$*:#8 $896 -2```2``` :* 58:5T5:$96 :* #<>96 6*R96M :* A9:# *:#:7 58C%$5:96 %96 C#H5A#%56A#6 I$* '$8C598#8 *8 %# H(9:$CC5=87 *% C9<*(C597%#6 '58#8@#67 *AC2

.[ 08 TD6H*(#6 :* %# (*T9%$C5=87 6* M*()$* C9<9 *% *RH98*8A* <KR5<9 :* %# L*(#(I$D# T58DC9%#2 08 ,-k-7%96 X9A46C45%: #:I$5*(*8 *% ;4#A*#$ &#'5A*2 06* <56<9 #?9 *% H(*C59 :*% >#((5% #6C5*8:* # k2[i` '(#8C96:* %# JH9C#7 %9 I$* *I$5T#%:(D# # <K6 :* .2l`` *$(96 #CA$#%*6 N3< ," -& :$.9&O .^ ;&sj0e3gtb10"c OaXeW0X +,-,^g,--[/E *C989<56A# M H$>%5C56A#7 C(*#:9( :* %# F19C5*:#: :*0C989<D# "9%DA5C#Q M #$A9( :* 8$<*(96#6 9>(#67 *8 %#6 I$* :*'*8:5= *% H*86#<5*8A9 *C98=<5C9 %5>*(#%2

0jW&0 a;b&&a1 +,-[kg,-B,/E L$(56A#7 *6C(5A9( M H9%DA5C9 '(#8CJ67 :*'*869( :* %#6 :9CA(58#6 :*<9C(KA5C#6 M H(9<9A9( :*% W ;98)(*69 :* %# "#@2 &# ;9<$8# %* 89<>(= :*C#89 :* %# m#C$%A#: :* Y*(*C49 :* "#(D6 N3,"- H /2



08 *6A96 -2```2``` 6* C$*8A#8E

Za)(5C$%A9(*6 ,2`B-2[k, +58C%$5:96 %96 H#6A9(*67 %96 C(5#:96 M %#6 <9@#6 :* H96#:#7 I$*T5T*8 *8 %#6 )(#8L#6/

Zb>(*(96 :* %#6 'K>(5C#6 :* #%)9:=87 %#8#7 CK?#<97 %5897 6*:#7 A*L5:967 M$A*7 *AC2

k.[2k`l Zb>(*(96 :* %#6 <58#6 :* C#(>=8 M <*A#% iki2-^i Zb>(*(96 <*A#%\()5C96 ^Bk2BB- +'$8:5:9(*67 %#<58#:9(*67 *AC2/ Z;%#6* :9<J6A5C# ,2[`-2k.-

15 6$<#<96 %96 A(#>#L#:9(*6 :* %#6 '#>(5C#6 :* A*L5:96 M %96 :* %#6 <58#6 :* C#(>=8 M :*<*A#%7 9>A*8*<96 %# C5'(# :* ,2[`-2..[S 65 4#C*<96 9A(9 A#8A9 C98 %96 H(5<*(96 M %96 :*A9:#6 %#6 58:$6A(5#6 <*A#%\()5C#67 896 :# $8 A9A#% :* ,2`^B2k`iS *6 :*C5(7 *8 C#:# 6$<#7*% 8\<*(9 :* 58:5T5:$96 *6 65*<H(* <*89( I$* *% :* %96 *6C%#T96 :9<J6A5C96 <9:*(8962c* #4D *% <#)8D'5C9 (*6$%A#:9 :* %# *RH%9A#C5=8 C#H5A#%56A# :* %#6 <KI$58#6Q..2

a A9:# *6A# C%#6* :9<J6A5C#7 C$M9 )(#8 8\<*(9 58:5C# *% )(#:9 :* :*6#((9%%9 #%C#8@#:9 H9( %# C5T5%5@#C5=8 C#H5A#%56A#7 4#M I$* #?#:5( %# 8$<*(96# C%#6* :* %96 58'*%5C*6C986#)(#:96 *RC%$65T#<*8A* # 6#A56'#C*( %96 )$6A96 :56H*8:59696 M '\A5%*6 :* %#6 C%#6*6(5C#6E H$%5:9(*6 :* :5#<#8A*7 C96A$(*(#6 :* *8C#L*67 >9(:#:9(#67 <9:56A#6 :* %$L97*8C$#:*(8#:9(*6 :* %$L97 :*C9(#:9(*6 :* (*65:*8C5#6 6*C$8:#(5#67 *AC2.i

f8# T*@ #C$(($C#:# *8 %# H*(*@# #>69%$A# M :*6<9(#%5@#:# H9( *% )9C* '9(@#:97 %# >$()$*6D#7 # H*6#( :* %96 <#%*6 I$* %* #C#((*= 6$ 8$*T9 *6A5%9 :* T5:#7 6* #C9<9:= *8 J%7<5(#8:9 C98 49((9( :*6:* *8A98C*6 A9:9 C#<>592 &#6 <56*(#>%*6 C98:5C598*6 :**R56A*8C5# #C*HA#:#6 (*65)8#:#<*8A* H9( %# C%#6* 9>(*(#7 M %# :*)(#:#C5=8 9()K85C#*8)*8:(#:# H9( %# :*H(#T#:# H#65=8 :*% A(#>#L97 #$<*8A#(98 #$8 <K6 6$ (*H$)8#8C5#

H9( A9:# 5<H965C5=8 :* A(#>#L9 M C$#%I$5*( (*6A(5CC5=8 :* )9C*62

h H(*C56#<*8A* *8A98C*67 658 A*8*( *8 C$*8A# %# :*6<9(#%5@#C5=8 I$*7 C9<9 $8 :*>*(69C5#%7 6* 4#>D# 5<H$*6A9 %# >$()$*6D#7 %96 H(9%*A#(596 6* H(9H$65*(98 5<H98*( *% A(#>#L9# %96 C#H5A#%56A#62 NW8)*8$96P 39<#(98 *8 6*(59 %#6 A*9(D#6 :* %96 *C989<56A#6 M %96<9(#%56A#6 69>(* *% A(#>#L97 M 6* 9>6A58#(98 *8 %%*T#(%# # %# H(KCA5C#7 5<H985J8:9%# # %96C#H5A#%56A#62 0% H(9%*A#(5#:9 *8#(>9%= %# :5T56#E l$("* *0 %.&1&2&E *0 '0:"V &M987 *8,-^,7 6* 6$>%*T= #% )(5A9 :* :0.(. '0:1&%("*,0 0 D(D(. %.&1&2&*,0V %96 '*:*(#:96 :*<#(@9 :* ,-l, :*C%#(#(98 I$* 6$ (*>*%5=8 *(# %# !"D0-$'()* ,"- %.&1&20<

a *6A96 :*6*8C#:*8#<5*8A96 :* >K(>#(9 '$(9(7 :*6A($CA9(*6 :* A9:9 )9C* M A9:# H*(*@# >$()$*6#7 %96 C#H5A#%56A#6 89 H9:D#8 C98A*6A#( <K6 I$* C98 %# (*H(*65=8 '*(9@S H*(96#>D#8 I$* #$8I$* 4#>D#8 H9:5:9 69'9C#( *6A#6 *RH%96598*6 (*T9%$C598#(5#67 89 4#>D#8#49)#:97 *8 %# 6#8)(* :* 6$6 )5)#8A*6C#6 <#6#C(*67 %# #>6$(:# 5:*# :*% H(9%*A#(5#:9 :*I$*(*( 5<H98*( *% A(#>#L9 # %#6 C%#6*6 9C596#6 M 6#C5#:#6S M 6=%9 C98 *% '58 :* #%*L#( *6A*

H*%5)(97 %# >$()$*6D# 6* (9:*# :* H(*A9(5#8967 H9%5CD#67 <#)56A(#:96 M C#(C*%*(96<#8A*85:96 *8 $8# 5<H(9:$CA5T5:#: %#>9(596#2

.. ;aX&b1 jaXUE H- '&6(%&-E %5>(9 W7 ;#H2 RT7 10;2k N3 ,"- 4/2

.i F&# H(9H9(C5=8 *8 I$* %# H9>%#C5=8 :* $8 H#D6 *6AK *<H%*#:# C9<9 :9<J6A5C# #% 6*(T5C59 :* %#6 C%#6*6#C9<9:#:#67 58:5C# 6$ H(9)(*69 *8 (5I$*@# 8#C598#% M *8 C5T5%5@#C5=82Q +X2 j2 j#(AD8E m."-&*, 1"#0." &*,

&#%". %/" 7*(0*E ,-.-2/ O#<>*AA#7 I$* 8*)#># %# C$*6A5=8 69C5#% :*6:* I$* M# 89 *(# *% #>9)#:9<*8*6A*(969 :*% ;#'J "(9C9H*7 6* (*'*(D#7 658 :$:#7 # *6A# C%#6* :9<J6A5C#7 65*<H(* C(*C5*8A*7 C$#8:9(*C%#<#># *% #:T*85<5*8A9 :* %#6 8$*T#6 C#H#6 69C5#%*6 N3< ,"- 4<O<



h# 89 6* H$*:* A*8*( 5%$6598*6 69>(* *% C#(KCA*( :* %96 *LJ(C5A96 <9:*(896S 6* <#8A5*8*8

H*(<#8*8A*<*8A* C98 *% \85C9 '58 :* C98A*8*( #% "*":(90 ,"- (*%".(0.<

"9( *69 6* C986A($M*(98 %96 '$*(A*6 :* "#(D6 M &M98S 89 H#(# :*'*8:*( %# C5$:#: C98A(# *%

*RA(#8L*(97 6589 H#(# #H%#6A#(%# *8 C#69 :* (*T$*%A#2 h 65 6* I$5*(* $8 *L*<H%9 I$* 89#:<5A# (JH%5C#7 C5A#(*<96 #% *LJ(C5A9 :* ]J%)5C#7 H#D6 t#$L# :*% C#H5A#%56<92 1$8*$A(#%5:#: *6A# )#(#8A5@#:# H9( %#6 H9A*8C5#6 *$(9H*#67 M7 658 *<>#()9 6$ *LJ(C5A9 *6$89 :* %96 <K6 '$*(A*6 H(9H9(C598#%<*8A* # 6$ H9>%#C5=82 &96 )%9(59696 C#<H96 :*

>#A#%%# :*% T#%5*8A* *LJ(C5A9 >*%)# 698 %#6 %%#8$(#6 :*% ]9(58#)* M :* ;4#(%*(95S *8 %#6#8)(* :* %96 <58*(96 M :* %96 9>(*(96 :*6#(<#:96 *% 9'5C5#% >*%)# >#$A5@# 6$ *6H#:# M)#8# 6$6 C4#((*A*(#62 &#6 8#C598*6 *$(9H*#6 89 A5*8*8 *LJ(C5A96 8#C598#%*67 6589 *LJ(C5A96<*(C*8#(596E H(9A*)*8 # %96 C#H5A#%56A#6 C98A(# *% '$(9( H9H$%#( I$* I$565*(# C98:*8#(%96# :5*@ 49(#6 :* <58# 9 :* 45%#:9(#2

&# C%#6* 9>(*(#7 #% *8C9)*( 6$ T5*8A(*7 4# :*6#((9%%#:9 :*6<*6$(#:#<*8A* *% T5*8A(* :*

%# >$()$*6D#7 C98:*8K8:9%# #% 69>(*C986$<92

"#(# 6*( #%5T5#:# *8 6$ H*8969 A(#>#L97 %# >$()$*6D# 4# (*A5(#:9 :* %#6 C%#6*6 9>(*(#6 $8#<#6# :* 49<>(*6 <$C49 <#M9( # %# I$* I$*:# C986#)(#:# # %# H(9:$CC5=8 \A5%7 M %# 4#C98:*8#:97 # 6$ T*@7 # %# 5<H(9:$CA5T5:#: M #% 69>(*C986$<92 "*(9 *6A* (*>#?9 :* >9C#658\A5%*67 # H*6#( :* 6$ T9(#C5:#: 586#C5#>%*7 89 #%C#8@# # C986$<5( A9:#6 %#6 <*(C#8CD#6I$* %96 9>(*(967 *<>($A*C5:96 H9( *% :9)<# :*% A(#>#L97 H(9:$C*8 C9<9 <#85KA5C967 658I$*(*(%#6 C986$<5( M 658 H*86#( 65I$5*(# 65 6* *8C98A(#(K8 6$'5C5*8A*6 H*(698#6 H#(#C986$<5(%#62

a8A* *6A# :9>%* %9C$(# :* %96 9>(*(967 :* <#A#(6* A(#>#L#8:9 C98 *RC*69 M :* T*)*A#( *8%# #>6A58*8C5#7 *% )(#8 H(9>%*<# :* %# H(9:$CC5=8 C#H5A#%56A# 89 *6 M# *% :* *8C98A(#(

H(9:$CA9(*6 M :* :$H%5C#( 6$6 '$*(@#67 6589 :* :*6C$>(5( C986$<5:9(*67 *RC5A#( 6$6#H*A5A96 M C(*#(%*6 8*C*65:#:*6 '5CA5C5#62

;9<9 %96 9>(*(96 *$(9H*967 A*<>%#8:9 :* '(D9 M :* 4#<>(* 6* 85*)#8 # T*6A5(6* C98 %9I$* 4#8 A*L5:97 # C986$<5( *% T589 I$* 4#8 C96*C4#:9S %96 H9>(*6 '#>(5C#8A*6 6* T*89>%5)#:96 # C9((*( # %96 #8ADH9:#6 *8 >$6C# I$5*8*6 I$5*(#8 T*6A5(%96 M >*>*(%962 1*C$*8A#8 H9( C*8A*8#6 :* <5%%98*6 M :* <5%%#(:96 %96 T#%9(*6 I$* *RH9(A# #8$#%<*8A*0$(9H# # %96 C$#A(9 T5*8A967 H9( 89 6#>*( I$J 4#C*( C98 *%%96.k2

"*(9 %96 C98A58*8A*6 *RH%9(#:96 89 698 %9 6$'5C5*8A*<*8A* T#6A96S 6* 8*C*65A#8 H#D6*6TD()*8*62 &96 '#>(5C#8A*6 :* 0$(9H# 6$*?#8 89C4* M :D# C98 *% ~'(5C#7 C98 *% %#)9 :*%1#4#(#7 C98 *% '*((9C#((5% :*% 1$:K8S 65)$*8 C98 #865*:#: %96 H(9)(*696 :* %96&5T58)6A98*7 %96 1A#8%*M7 %96 ,$ ;4#5%%$7 %96 ," ](#@@#.lS *6C$C4#8 >9I$5#>5*(A96 %#6<#(#T5%%96#6 456A9(5#6 :* *6A96 T5#L*(96 T#%*(96962

.k Y96 *L*<H%96E *% )9>5*(89 58)%J67 H#(# C9<H%#C*( # %96 C#<H*65896 :* %# W8:5#7 I$5*8*67 # H*6#( :* %#64#<>(*6 H*(5=:5C#6 I$* #69%#8 *% H#D67 6* 9>6A58#8 *8 C$%A5T#( %# #<#H9%#7 *8 T*@ :*% #((9@ M :*% A(5)97 4#A*85:9 I$* *<H(*8:*( )$*((#6 6#8)(5*8A#6 H#(# 5<H98*( #% )9>5*(89 C4589 %# %5>(* 58A(9:$CC5=8 :*% 9H5958:5#892&96 6#%T#L*6 :* %# "9%58*65#7 # H*6#( :* %# <9(A#8:#: I$* '$* %# C986*C$*8C5# :* 6$ 8$*T9 *6A5%9 :* T5:#7A$T5*(98 I$* T*6A5(6* M *<>(5#)#(6* # %# 58)%*6# H#(# C986$<5( %96 H(9:$CA96 :* %#6 :*6A5%*(D#6 :* 06C9C5#

M %96 A*L5:96 :* %#6 'K>(5C#6 :* j#8C4*6A*( N3< ,"- 4<O<.l YaVWY &WVWeO13be0 +,-,^g,-l^/E T5#L*(9 58)%J67 *RH%9(#:9( :*% ~'(5C# #$6A(#% M *C$#A9(5#% M #$A9( :*A(*6 9>(#6 69>(* 6$6 :*6C$>(5<5*8A967 I$* '$*(98 A(#:$C5:#6 <$M H(98A9 #% '(#8CJ62



NG$J :* <#(#T5%%#6 :*6C989C5:#6 89 *8C5*((# *6* FC98A58*8A* 8*)(9QP ;#<H96 58<*8696*6AK8 C$>5*(A96 :* :5*8A*6 :* *%*'#8A*6S (D96 :* #C*5A* :* C9C9 C9((*8 69>(* %*C496 :*#(*8#6 :* 9(9S <5%%98*6 :* C$%96 8*)(967 :*68$:96 C9<9 %# C#(# :* Y$'#$(* .- 9 :*O5(#(:587 *6H*(#8 %96 )J8*(96 *$(9H*96 H#(# #H(*8:*( %# :*C*8C5#7 %#6 >9A*%%#6 :*

#)$#(:5*8A* M %#6 >5>%5#67 H#(# C989C*( %#6 T5(A$:*6 :* %# C5T5%5@#C5=82

j#6 A9:9 *6 58\A5%E >$()$*6*6 I$* 6* *<H#C4#87 C%#6* :9<J6A5C# I$* 6$H*(# # %# C%#6* H(9:$CA9(#7 8#C598*6 *RA(#8L*(#6 M >K(>#(#6 I$* 6* 58$8:#8 :* <*(C#8CD#6 *$(9H*#6S8#:#7 8#:# H$*:* #C#>#( C98 %#6 <98A#?#6 :* H(9:$CA96 #<98A98#:967 *89(<*6 C9<9%#6 "5(K<5:*6 :* 0)5HA92

&# H(9:$CA5T5:#: :* %96 9>(*(96 *$(9H*96 :*6#'D# A9:9 C986$<97 A9:9 :*((9C4*2 &96'#>(5C#8A*67 *8%9I$*C5:967 M# 89 6#>*8 I$J 4#C*(7 T5J8:96* *8 %# 5<H965>5%5:#: :**8C98A(#( 6$'5C5*8A* <#A*(5# H(5<# H#(# 6#A56'#C*( %# :*69(:*8#:# M :*H(#T#:# H#65=8 :*6$6 9>(*(96 H9( *% A(#>#L92 ;5*(A96 58:$6A(5#%*6 C9<H(#8 L5(98*6 :* %#8# 6$C5#7 # <*:59

H$:(5(7 M '#>(5C#8 C98 *%%# $8 H#?9 %%#<#:9 ."*&(;;&*'"E I$* :$(# A#8A9 C9<9 %#6 H(9<*6#6 *%*CA9(#%*62 08 &M987 *8 %$)#( :* :*L#( # %# '5>(# :* %# 6*:# 6$ H$(*@# M 6$'%*R5>5%5:#: 8#A$(#%7 6* %# (*C#()# :* 6#%*6 <58*(#%*6 I$* %# 4#C*8 <K6 H*6#:#7 <$C49<K6 '(K)5% M :* <*896 $692 39:96 8$*6A(96 H(9:$CA96 698 #%A*(#:96 # '58 :* '#C5%5A#( 6$6#%5:# M #>(*T5#( 6$ *R56A*8C5#2

e$*6A(# JH9C# 6*(K %%#<#:# %# ",&, ," -& #&-;(#('&'()*7 C9<9 %#6 H(5<*(#6 JH9C#6 :* %#4$<#85:#: (*C5>5*(98 %96 89<>(*6 :* ",&, ," 6(",.& M ",&, ," 1.0*'"E H9( *% C#(KCA*(:* 6$ H(9:$CC5=82

a%)$896 5)89(#8A*6 #C$6#8 :* '(#$:* # 8$*6A(96 C#(5A#A5T96 58:$6A(5#%*67 C$#8:9 *8(*#%5:#: %9 I$* %*6 5<H$%6# *6 :#( A(#>#L9 # %96 9>(*(967 I$* 89 H$*:*8 (*65)8#(6* # T5T5(:* >(#@96 C($@#:962

06A#6 '#%65'5C#C598*67 I$* A5*8*8 C9<9 \85C# <9A5T#C5=8 $8 6*8A5<5*8A9 4$<#85A#(597 H*(9 I$* H(9:$C*8 69>*(>5#6 )#8#8C5#6 # %96 '#>(5C#8A*6 I$* %#6 H(#CA5C#87 65 >5*8 698:*6#6A(96#6 H9( %# C#%5:#: :* %#6 <*(C#8CD#6 M C986A5A$M*8 $8# '$*8A* 58#)9A#>%* :*%:*((9C4* :*% A(#>#L9 4$<#897 :*<$*6A(#8 %# 58)*85965:#: '5%#8A(=H5C# :* %96 >$()$*6*6 M%# 49((5>%* H*(T*(65=8 :* %96 9>(*(96 I$*7 H9( 6#A56'#C*( 6$ T5C59 H9( *% A(#>#L97 9>%5)#8 #%96 58:$6A(5#%*6 # 69'9C#( %96 )(5A96 :* 6$ C98C5*8C5# M # T59%#( 4#6A# %#6 %*M*6 :* %#498(#:*@ C9<*(C5#%2

h7 658 *<>#()97 # H*6#( :* %# 69>(*H(9:$CC5=8 :* <*(C#8CD#67 89 9>6A#8A* %#6'#%65'5C#C598*6 58:$6A(5#%*67 %96 9>(*(96 %%*8#8 *% <*(C#:9 *8 C#8A5:#:*6 658 8\<*(975<H%9(#8:9 NA(#>#L9P NA(#>#L9P 3#8A# 69>(*#>$8:#8C5# :*>*(D# 9>%5)#(%96 # 69'9C#( 6$

tbce X bd&aeY 13ae&0h +,-.,g,B`./E H*(59:56A# M T5#L*(9 58)%J6 I$* (*C9((5= *8 ,-l, *% ~'(5C#*C$#A9(5#% H#(# *8C98A(#( # &5T58)6A98*7 M A(#6 %# <$*(A* :* J6A* C98A58$= 6$6 *RH%9(#C598*62"af& ]0&&"eW Yf ;caW&&f +,-^lg,B`^/E T5#L*(9 #<*(5C#89 I$* *RH%9(= %# @98# :*% O#>=821aVbXOeae Y0 ]Xaxxa +,-i[g,B`i/E *RH%9(#:9( :* 9(5)*8 5A#%5#897 8#C598#%5@#:9 '(#8CJ67 I$* *RH%9(= M9()#85@= %# C9%985@#C5=8 :*% a'(5C# 0C$#A9(5#% '(#8C*6# N3 ,"- H /2 .- aXeaeYgtf&01g13aeW1&a1 YfmafX0 +,l-Bg,--,/E #>9)#:9 M H9%DA5C97 '$* <5856A(9 :*% W8A*(59(:$(#8A* %# j98#(I$D# :* t$%59 M <5856A(9 :* t$6A5C5# *8 *% H(5<*( )#>58*A* 345*(6 :* ,-l,2 Y*6:* *6A*

H$*6A9 58A*(T589 *8 %# (*H(*65=8 :* %96 <5*<>(96 :* %# ;9<$8#2 "(*65:*8A* :*% ;986*L9 *8 ,-llg,-lB745@9 #H(9>#( *% :*C(*A9 :* #<856AD# H#(# %96 C98:*8#:96 H9( #I$*%%96 6$C*6967 I$* H*(<5A5= %# T$*%A# #m(#8C5# 6_ %96 69C5#%56A#6 *R5%5#:96 +&#'#()$* *8A(* *%%96/ N3 ,"- H /2



H#65=8S #% C98A(#(597 *6A9 %96 %%*T# #% H#(9R56<92 a%%D :98:* #H*8#6 6$()* $8# H965>5%5:#::* A(#>#L97 #%%D 6* H(*C5H5A#87 M $8# T*@ I$* %9 4#8 9>A*85:97 (*C%#<#8 :9C* 9 C#A9(C*49(#6 H#(# H9:*(6* 6#C5#(S #% :D# 65)$5*8A* 6* *8C$*8A(#8 :* 8$*T9 *8 %# C#%%* 658 A*8*( M#C98 I$J #%5<*8A#( 6$ T5C59 H9( *% A(#>#L92

39:96 %96 #?967 *8 A9:#6 %#6 58:$6A(5#62 1* (*H5A*8 %#6 4$*%)#6 9>%5)#A9(5#6 C98 %#(*)$%#(5:#: :* %#6 *6A#C598*62 a% 69>(*A(#>#L9 I$* #85I$5%# *% 9()#856<97 6$C*:* *%(*H969 #>69%$A9 :$(#8A* [ = . <*6*67 M2 N658 A(#>#L9 89 4#M H#8P €

h# I$* *% T5C59 :*% A(#>#L9 *6AK :5#>=%5C#<*8A* #((#5)#:9 *8 *% C9(#@=8 :* %96 9>(*(967M# I$* 6$6 *R5)*8C5#6 #49)#8 A9:96 %96 :*<K6 586A58A96 :* %# 8#A$(#%*@#7 M7 H9( 9A(#

H#(A*7 M# I$* %# C#8A5:#: :* A(#>#L9 H*:5:# H9( %# 69C5*:#: *6AK '9(@96#<*8A* %5<5A#:# H9( *% C986$<9 M H9( %# *R56A*8C5# :* <#A*(5#6 H(5<#67 uH9( I$J :*T9(#( *8 6*56 <*6*6 *%A(#>#L9 :* A9:9 $8 #?9v u"9( I$J 89 :56A(5>$5(%9 $85'9(<*<*8A* *8A(* %96 :9C* <*6*6:*% #?97 M 9>%5)#( # C#:# 9>(*(9 # C98'9(<#(6* C98 6*56 9 C58C9 49(#6 :5#(5#6 :$(#8A*A9:9 *% #?97 *8 T*@ :* A9<#( 58:5)*6A598*6 :* :9C* 49(#6 :* A(#>#L9 H9( :D# :$(#8A* 6*56

<*6*6v

3*85*8:9 6*)$(# 6$ H#(A* :5#(5# :* A(#>#L97 %96 9>(*(96 89 A*8:(K8 M# C*%96 *8A(* 6D7 85 6* H*%*#(K8 H9( #((#8C#(6* *% A(#>#L9 :* %#6 <#896 M *% H#8 :* %# >9C#2 a6D7 :*6C#86#:96 :*C$*(H9 M *6HD(5A$7 *<H*@#(D#8 # H(#CA5C#( %#6 T5(A$:*6 :* %# H*(*@#2

0<>($A*C5:96 H9( 6$ T5C597 %96 9>(*(96 89 4#8 H9:5:9 %%*)#( # C9<H(*8:*( I$* H#(# I$*4#M# A(#>#L9 H#(# A9:96 *6 H(*C569 (#C598#(%9 C9<9 *% #)$# *8 $8 8#TD9 *8 H*%5)(92 158*<>#()97 %96 58:$6A(5#%*67 *8 89<>(* :* %# *RH%9A#C5=8 C#H5A#%56A#7 4#8 H*:5:9 :*6:*4#C* <$C49 A5*<H9 $8# %5<5A#C5=8 %*)#% :* %# L9(8#:# :* A(#>#L92 a8A* %# ;9<565=8 :*,-k` 69>(* %# *86*?#8@# H(9'*6598#%7 $89 :* %96 <K6 )(#8:*6 <#8$'#CA$(*(96 :* a%6#C5#7*% 1(2 ]9$C#(A7 :* O$*>_5%%*(7 :*C%#(#>#E

FG$* %# L9(8#:# :* :9C* 49(#6 *(# *RC*65T#7 :*>5*8:9 6*( (*:$C5:# #98C*7 M I$* *% 6K>#:9 :*>D# C*6#( *% A(#>#L9 # %#6 :962 h9 #C986*L9 %##:9HC5=8 :* *6A# <*:5:#7 #$8I$* H#(*@C# 98*(96# # H(5<*(# T56A#S8969A(96 %# 4*<96 *RH*(5<*8A#:9 :$(#8A* C$#A(9 #?96 *8 8$*6A(96*6A#>%*C5<5*8A96 58:$6A(5#%*67 M 896 4#%%#<96 6#A56'*C496E %# H(9:$CC5=8<*:5#7 %*L96 :* 4#>*( :56<58$5:97 4# #$<*8A#:92Q

08 6$ *6A$:59 69>(* %#6 :PA$(*&;E *% 1(2 0 "#66M C5A# %# C#(A# 65)$5*8A* :* $8 )(#8

58:$6A(5#% >*%)#7 1(2 j2 bAA*T#*(*EFe$*6A(#6 <KI$58#67 # H*6#( :* 6*( 5)$#%*6 # %#6 :* %#6 'K>(5C#6 58)%*6#6789 H(9:$C*8 %9 I$* :*>*(D#8 H(9:$C5( M %9 I$* H(9:$C5(D#8 65 *6A$T5*(#8*8 W8)%#A*((#7 #$8I$* A(#>#L#8 :96 49(#6 <*896 #% :D#2 o222p e969A(96A(#>#L#<96 ,0; -&.9&; /0.&; ," :P;V *6A9M C98T*8C5:9 :* I$* 65A(#>#LK(#<96 98C* 49(#67 *8 T*@ :* A(*C*7 A*8:(D#<96 %# <56<#

H(9:$CC5=8 M H(9:$C5(D#<967 H9( C9865)$5*8A*7 <K6 *C98=<5C#<*8A*2Q



"9( 9A(# H#(A*7 #'5(<# *% 1(2 &*(9Mg]*#$%5*$ I$* F4# 9>6*(T#:9 $8 )(#8 <#8$'#CA$(*(9 >*%)# I$* *8 %#6 6*<#8#6 :98:* 4#M $8 :D# '*(5#:97 89 *6 58'*(59( %# H(9:$CC5=8 # %# :*%#6 6*<#8#6 9(:58#(5#6Q.B

&9 I$* 89 4# 96#:9 L#<K6 *% H$*>%97 *8)#?#:9 *8 6$ 65<H%*@# H9( %96 <9(#%56A#67 %9 4#

96#:9 $8 )9>5*(89 #(56A9C(KA5C92 0% )9>5*(89 58)%J67 :*6H(*C5#8:9 %#6 #%A#6C9865:*(#C598*6 <9(#%*6 * 58:$6A(5#%*6 :* %96 *C989<56A#67 I$*7 C9<9 #T*6 :* <#%#)n*(97 )(5A#>#8 I$* :56<58$5( $8# 69%# 49(# :* A(#>#L9 *(# :*C(*A#( %# ($58# :* %#58:$6A(5# 58)%*6#7 H(945>5= C98 $8# %*M *6A(5CA#<*8A* 9>6*(T#:# A(#>#L#( <K6 :* :5*@49(#6 H9( :D#S * W8)%#A*((# C98A58$= 65*8:97 C9<9 #8A*67 %# H(5<*(# 8#C5=8 58:$6A(5#% :*%<$8:92

&# )(#8 *RH*(5*8C5# 58)%*6#7 %9 <56<9 I$* %# :* #%)$896 C#H5A#%56A#6 58A*%5)*8A*67 *6AK#4D7 :*<96A(#8:9 5((*'$A#>%*<*8A* I$* H#(# #$<*8A#( %# H9A*8C5# :* %# H(9:$CA5T5:#:4$<#8# *6 8*C*6#(59 (*:$C5( %#6 49(#6 :* A(#>#L9 M <$%A5H%5C#( %96 :D#6 :* H#)# M :*'5*6A#S M *% H$*>%9 '(#8CJ6 #\8 89 *6AK C98T*8C5:9 :* *6A92

j#6 65 $8# <56*(#>%* (*:$CC5=8 :* :96 49(#6 4# #$<*8A#:9 *8 :5*@ #?96 C#65 *8 $8A*(C59 %# H(9:$CC5=8 58)%*6#i`7 uI$J <#(C4# T*(A5)5896# 89 5<H(5<5(K # %# H(9:$CC5=8'(#8C*6# $8# (*:$CC5=8 :* %# L9(8#:# :* A(#>#L9 # A(*6 49(#6v ue9 H$*:*8 C9<H(*8:*(%96 9>(*(96 I$* <#AK8:96* # A(#>#L#( #)9A#8 6$6 '$*(@#6 M %#6 :* 6$ H(9)*85A$(#S I$*#85I$5%K8:96* %%*)#8 H(*<#A$(#<*8A* # 6*( 58C#H#C*6 :* A9:9 A(#>#L9S I$* #>69(>5:96 M*<>($A*C5:96 H9( $8 69%9 T5C59 89 698 M# 49<>(*67 6589 A(98C96 :* 49<>(*6S I$* <#A#8*8 *%%96 A9:#6 %#6 >*%%#6 '#C$%A#:*6 H#(# :*L#( \85C#<*8A* *8 H5* %# %9C$(# '$(5>$8:#7 M%$L$(596#7 :*% A(#>#L9v

Na4P ;9<9 %9(96 :* a(C#:5# (*H5A*8 %# %*CC5=8 :* %96 *C989<56A#6E S?.&1&2":0;E%.&1&2":0; 6&.& &$:"*%&. -& .(A$"T& *&'(0*&-<U Nb4 5:59A#6P

"(*C56#<*8A* H9(I$* A(#>#LK56 :*<#65#:9 6* :*6#((9%%# C98 %*8A5A$: *% <#I$5856<958:$6A(5#%2 "#(#: :* (*>$@8#( M *6C$C4#: # $8 *C989<56A#S 89 *6 $8 K)$5%#7 89 *6 <K6I$* *% 6*?9( X*M>#$:7 # I$5*8 4*<96 A*85:9 %# '9(A$8# :* H*(:*( 4#C* H9C96 <*6*6E

F067 )*8*(#%<*8A*7 69>(* %#6 C98:5C598*6 :* %# <#89 :* 9>(# C9<9 6*(*)$%# %# (*T9%$C5=8 *8 %96 <JA9:96 :* A(#>#L92 j5*8A(#6 %# <#89 :* 9>(#9'(*C* 6$6 6*(T5C596 # >#L9 H(*C597 6* %# H(9:5)#S C$#8:9 6* *8C#(*C*7 6*

H(9C$(# 4#C*(%# 588*C*6#(5#2Qi,

"#(# '9(@#( # %96 C#H5A#%56A#6 # H*('*CC598#( 6$6 <#I$58#6 :* <#:*(# M :* 45*((97 *6 H(*C569 *%*T#( %96 6#%#(596 M :56<58$5( %#6 49(#6 :* A(#>#L9 :* %#6 <KI$58#6 :* C#(8* M4$*69 u"($*>#6 *8 #H9M9v 1* H$*:*8 :#( # C*8A*8#(*62 0% 9'5C59 #$A9<KA5C9 :*% ;"-#&'%(*9 :$-" :* %#6 '#>(5C#6 :* A*L5:96 '$* 58T*8A#:9 M H$*6A9 *8 H(KCA5C# *8 j#8C4*6A*(

H9(I$* %96 A*L*:9(*6 6* 8*)#>#8 # A(#>#L#( A#8A9 A5*<H9 C9<9 #8A*62

.B "af& &0Xbhg]0af&W0fE @& '$";%()* 01.".& "* "- ;(9-0 B(D +,-l[/ N3< ,"- 4<O< i` c* #I$D7 6*)\8 *% CJ%*>(* *6A#:D)(#'9 X2 O5''*87 :* %# b'5C58# :* 06A#:D6A5C# :* &98:(*67 %# H(9)(*65=8C(*C5*8A* :* %# (5I$*@# 8#C598#% :* W8)%#A*((# * W(%#8:#E08 ,-,. *(# :* ii2``` <5%%98*6 :* '(#8C962

08 ,-ki *(# :* ,k[2i`` <5%%98*6 :* '(#8C96208 ,-li *(# :* [,[2i`` <5%%98*6 :* '(#8C96 N3< ,"- 4<O< i, &fW1 X0h]afYE H- &-90,)*7 ;$ .F9(:"*E ;$; 6.01-":&; +,-k^/ N3 ,"- 4/2



08 %96 06A#:96 f85:967 %# <KI$58# 58T#:* A9:96 %96 (#<96 :* %# H(9:$CC5=8 #)(DC9%#7:*6:* %# '#>(5C#C5=8 :* %# <#8A*I$5%%# 4#6A# %# 65*<>(# :*% A(5)92 u"9( I$Jv "9(I$* *%#<*(5C#897 %5>(* M H*(*@9697 H(*'*(5(D# <5% <$*(A*6 # %# T5:# >9T58# :*% C#<H*6589'(#8CJ62

&# %#>(#8@#7 A#8 H*896# *8 %# )%9(596# m(#8C5# C9<9 (5C# *8 #)$L*A#67 *6 *8 *% b*6A*#<*(5C#89 $8 #)(#:#>%* H#6#A5*<H97 I$* 6* )9@# 6*8A#:96 M #% #5(* %5>(*7 M '$<#8:98*)%5)*8A*<*8A* *8 H5H#2



5&6(%$-0 5$&%.0 4 *$"D0 &(."E *$"D& '&*'()*<

15 :56<58$M*8:9 %#6 49(#6 :* A(#>#L9 6* C98I$56A#8 8$*T#6 '$*(@#6 <*CK85C#6 H#(# %# H(9:$CC5=8 69C5#%7 9>%5)#8:9 # %96 9>(*(96 # C986$<5( 6$6 H(9:$CA967 6* C98I$56A#(K $858<*869 *LJ(C5A9 :* '$*(@#6 :* A(#>#L92 &# >$()$*6D#7 #%5T5#:# #6D :* 6$ A#(*# :*C986$<5:9(# $85T*(6#%7 6* #H(*6$(#(K # %5C*8C5#( *6# A$(># :* 69%:#:967 M *8 6$ C#697 #:*6H*:5( <#)56A(#:967 ($'5#8*67 H(9R*8*A#67 *AC27 I$* 4# 6#C#:9 :*% A(#>#L9 \A5% H#(# I$*%# #M$:*8 # C986$<5( M :*((9C4#(2

0% <*(C#:9 :*% A(#>#L9 *6A#(K *8A98C*6 :*6>9(:#8A* M 4#>(K 8*C*65:#: :* 5<H98*( $8#%*M :* 45*((9 H#(# H(945>5(%9E 6*(K 5<H965>%* *8C98A(#( 9C$H#C5=8 H#(# *6A# <$%A5A$:4$<#8#7 <K6 8$<*(96# I$* %96 H59L96 *8 *% >96I$* M 4#6A# #49(# 5<H(9:$CA5T#2 h

:*6H$J6 4#>(K I$* H*86#( *8 A9:96 %96 I$* H(9T*D#8 # 6$6 8*C*65:#:*6 M # 6$6 )$6A96'\A5%*6 M :56H*8:596962

;$#8:9 89 4#M# <K6 %#C#M967 85 )*8*(#%*6 I$* )#%#(:98#(7 85 H(96A5A$A#6 %5>(*6 85C#6#:#6 I$* C$>(5( C98 *8C#L*67 85 C#?98*6 I$* 49(#:#(7 85 H#%#C596 I$* C986A($5(7 6*(K

H(*C569 5<H98*(7 >#L9 %*M*6 6*T*(#67 # %96 9>(*(96 M 9>(*(#6 :* %# H#6#<#8*(D#7 :*%*8C#L*7 :*% 45*((97 :* %# C986A($CC5=8222 (*)#A#6 45)5J85C#6 M *L*(C5C596 C9(*9)(K'5C96 H#(#%# C986*(T#C5=8 :* 6$ 6#%$: M *% H*('*CC598#<5*8A9 :* %# (#@#2

08 *% <9<*8A9 *8 I$* %96 H(9:$CA96 *$(9H*96 6* C986$<#8 :98:* 6* '#>(5C#8 M 89 6**8TD*8 # %# 9A(# H$8A# :*% <$8:97 %96 <#(58*(967 %96 <9@96 :* C9(:*%7 %96 (*C#:56A#67 %96

C9C4*(967 :*>*(K8 *<H*@#( # 6*8A#(6* M # #H(*8:*( # *6A#( :* >(#@96 C($@#:962 &96'*%5C*6 4#>5A#8A*6 :* %# "9%58*65# H9:(K8 *8A(*)#(6* *8A98C*6 #% #<9( %5>(*7 658 A*<*( %#65(#6 :* %# V*8$6 C5T5%5@#:# M %96 6*(<98*6 :* %# <9(#% *$(9H*#2

a\8 <K67 H#(# *8C98A(#( A(#>#L9 6$'5C5*8A* # A9:96 %96 89gT#%9(*6 :* %# 69C5*:#: #CA$#%7M %9)(#( I$* *% $A5%%#L* 58:$6A(5#% 6* :*6#((9%%* 58:*'585:#<*8A*7 %# C%#6* 9>(*(# :*>*(K7C9<9 %# >$()$*6D#7 T59%*8A#( 6$6 58C%58#C598*6 # %# #>6A58*8C5# M :*6#((9%%#(58:*'585:#<*8A* 6$6 C#H#C5:#:*6 C986$<5:9(#62 08 T*@ :* C9<*( $8# 9 :96 98@#6 :*C#(8* :$(# #% :D#7 C$#8:9 %#6 C9<*7 :*>*(K C9<*( L$)9696 1""#;%"&]; :* $8# 9 :96 %5>(#67M *8 %$)#( :* >*>*( <9:*6A#<*8A* <#%96 T58967 <K6 C#A=%5C96 I$* *% "#H#7 >*>*(K #)(#8:*6 69(>96 10.,"&$B R 10$.909*"E 658 >#$A5@9 58:$6A(5#%7 M :*L#(K *% #)$# H#(# %#6

>*6A5#62

&96 H(9%*A#(596 4#8 :#:9 *8 %# *RA(#?# 5:*# :* I$*(*( 5<H98*( # %96 C#H5A#%56A#6 :5*@49(#6 :* '$8:5C5=8 9 :* (*'58*(D#S J6A* *6 *% )(#8 *((9(7 %# C#$6# :* %96 #8A#)9856<9669C5#%*6 M :* %#6 )$*((#6 C5T5%*62 1*(K 8*C*6#(59 H(945>5(7 M 89 5<H98*(7 *% A(#>#L92

a %96 X9A46C45%:7 # %96 1#Mi[7 %*6 6*(K H*(<5A5:9 H(*6*8A#( %#6 H($*>#6 :* 4#>*( 65:949%)#@#8*6 :$(#8A* A9:# 6$ T5:#7 M 657 # H*6#( :*% *8A(*8#<5*8A9 )*8*(#% H#(# *% A(#>#L97

i[ 1ahE '#<5%5# :* 58:$6A(5#%*67 *C989<56A#6 M H9%DA5C967 &#'#()$* '$* C98A*<H9(K8*9 :* t*#8g]#HA56A*g

&J98 1#M +,-[kg,-Bk/7 <5856A(9 :* m58#8@#6 :* T#(596 )9>5*(896 :* %# WWW X*H\>%5C# M :*C5:5:9 *8*<5)9:*% H*86#<5*8A9 69C5#%56A#7 #% I$* C9<>#A5= *8 T#(5#6 :* 6$6 9>(#6 N3< ,"- H<O<



*%%96 H*(656A*8 *8 T5T5( C9<9 T*(:#:*(96 49%)#@#8*67 6*(K8 #89A#:96 M (*C5>5(K8 C#:#<#?#8# $8# <98*:# :* T*58A* '(#8C96 H#(# 6$6 C#H(5C4962

&#6 :56C9(:5#6 69C5#%*6 :*6#H#(*C*(K82 &96 C#H5A#%56A#6 M %96 (*8A56A#6 6*(K8 %96 H(5<*(96*8 #%5#(6* #% H#(A5:9 H9H$%#(7 $8# T*@ C98T*8C5:96 :* I$*7 %*L96 :* 4#C*(%*6 :#?97 6*

I$5*(*7 H9( *% C98A(#(597 %5>*(#(%96 :*% A(#>#L9 :* 69>(*C986$<9 M :* :*((9C4* # I$* 4#8*6A#:9 6$L*A96 :*6:* 6$ 8#C5<5*8A92 08 C$#8A9 # %96 >$()$*6*67 58C#H#C*6 :* H(9>#( 6$6ADA$%96 :* 49%)#@#8*(D#7 6* %*6 :*L#(K 6*)$5( 6$6 586A58A962 c#M 6$'5C5*8A*6 9C$H#C598*6:*6#)(#:#>%*6 H#(# C9%9C#(%962 Y$'#$(*7 H9( *L*<H%97 %5<H5#(D# %#6 %*A(58#6 H\>%5C#6SO#%%5''*A <#A#(D# %96 C*(:96 M %96 C#>#%%96 (9?9696S %96 <5*<>(96 :* %# ;9<565=8 :*)(#C5#67 *8T5#:96 # "9566Mi^7 <#(C#(D#8 *% )#8#:9 *8 %96 <#A#:*(96 H\>%5C967 M %966*8#:9(*6 H9:(D#8 6*(T5( :* *8A*((#:9(*6 *8 %#6 C*(*<985#6 '\8*>(*62 "#(# %96 :*<K67 6*

>$6C#(D#8 9'5C596 #% #%C#8C* :* 6$6 58A*%5)*8C5#62 &9()*(5% M ](9)%5* A#H98#(D#8 %#6 >9A*%%#6 :* '/&:6&9*"E H*(9 6* %*6 H98:(D# :* #8A*<#89 $8 >9@#% H#(# *T5A#( I$* 6**<>(5#)#6*82 m*((M7 m(*MC58*A M 35(#(:i. :*6A($5(D#8 %#6 C458C4*6 M %96 :*<K6 586*CA96:* %96 <5856A*(596 M :* 9A(96 #%>*()$*6 H\>%5C962 e9 9>6A#8A* 6* :*>*(K H98*( '$*(# :*%

#%C#8C* :* %96 >$()$*6*6 *% :58*(9 H\>%5C9 H#(# *T5A#( I$* 65)#8 *L*(C5*8:9 C5*(A#6C96A$<>(*6 #:I$5(5:#62

"*(9 :$(# M A*((5>%* 6*(K %# T*8)#8@# 69>(* %96 <9(#%56A#6 I$* 4#8 H*(T*(A5:9 %#8#A$(#%*@# 4$<#8#S 69>(* %96 <9L5)#A967 %96 '#(6#8A*67 %96 45H=C(5A#6 M F9A(#6 6*CA#6 :*58:5T5:$96 I$* 4#8 4*C49 $69 :* <K6C#(#6 M :56'(#C*6 H#(# *8)#?#( #% <$8:92 c#8 :#:9# *8A*8:*( #% H$*>%9 I$* 6=%9 T5T*8 H#(# #M$896 M <#C*(#C598*6 :* %# 6*86$#%5:#:7:*6:* %# C98A*<H%#C5=8 M %# :*T9C5=87 H#(# 6$6A*8A#( M #%5<*8A#( %# H*I$*?# '(#)5%5:#::* 6$ 4$<#85:#:E H*(9 896 %# 4#8 :#:9 H9( C$%92 N]5*8 6#>* Y596P "% 5$.(0; ;(:$-&*%

;", >&''/&*&-(& T5T$8Aii< "9:J56 %**(%9 *8 )(#8:*6 %*A(#6 :* '#%69 >(5%%97 *8 6$6 (9L9649C5C96 M 6$6 :*6<*6$(#:96 T5*8A(*6 C$#8:9 6* H*('$<#8 C98 #@$'(*Qik

08 %96 :D#6 :* %#6 )(#8:*6 '5*6A#6 H9H$%#(*67 C$#8:97 *8 T*@ :* *8)$%%5( H9%T97 C9<9 *8%96 ,i :* #)96A9 M ,. :* L$%59 :* %# >$()$*6D#7 %96 C9<$856A#6 M C9%*CA5T56A#6 6* 6#C5*8:* H*('$<*67 :* 6$C$%*8A96 L#<98*6 M )*8*(9696 T#696 :* T5897 %96 <5*<>(96 :* %#aC#:*<5# :* ;5*8C5#6 j9(#%*6 M "9%DA5C#67 %96 C%J(5)96 :* '(#C M :* 69A#8# :* %# 5)%*65#

i^ "bW11hE H(565=8 C*8A(#% N3< ,"- 4<O< i. Oa13bega&0UaeYX0gafOf130 Oa&&Wm03 +,-^`g,B`B/E )*8*(#% :* ;#>#%%*(D# 4*C49 H(56598*(9 *81*:#8 H9( %#6 A(9H#6 #%*<#8#62 3(#6 6$ %5>*(#C5=8 %%*)= # 6*( H(*65:*8A* :*% ;9<5AJ :*% a(<# :*;#>#%%*(D# M )9>*(8#:9( <5%5A#( :* "#(D62

&bXO0XW&E :5H$A#:9 %*)5A5<56A# M C%*(5C#%7 :$(#8A* %# WWW X*H\>%5C#2ta;Gf01gV|;3bX ga&]0X3 Y0 ]XbO&W0 +,-[,g,B`,/E <5*<>(9 :* $8# '#<5%5# 89>5%5#(5# M :5(5)*8A* :* %#9H965C5=8 <98K(I$5C# C98A(# %# H9%DA5C# (*H$>%5C#8# :* 345*(62 3(#6 C986*)$5( %# C#D:# :* J6A*7 '9(<=)9>5*(89 *8 ,-l^7 M '$* :* 8$*T9 H(*65:*8A* :*% ;986*L9 *8 ,-ll2tf&01 m0XXh +,-^[g,g-B^/E #>9)#:9 M H9%DA5C9 '(#8CJ67 '$* <5856A(9 :* W86A($CC5=8 "\>%5C# *8 %# WWWX*H\>%5C# M C9865)$5= %# #H(9>#C5=8 :* $8# %*M I$* *6A#>%*CD# *% C#(KCA*( 9>%5)#A9(597 %#5C9 M )(#A$5A97 :*%# *86*?#8@# H(5<#(5# +,--[/2 "(*65:*8A* :*% ;986*L9 #% #?9 65)$5*8A*7 :*'*8:5= M H(9<9T5= %# *RH#865=8C9%985#% '(#8C*6#2;caX&01g&bfW1 Y0 1af&;01 Y0 mX0h;We03 +,-[-g,B[^/E 58)*85*(9 M H9%DA5C97 '$* C9%#>9(#:9( :*O#<>*AA# M 9()#85@#:9( :* %# Y*'*86# e#C598#% #% C9<5*8@9 :* %# WWW X*H\>%5C#2 "96A*(59(<*8A* '$*<5856A(9 M H(*65:*8A* :*% ;986*L9 *8 T#(5#6 9C#6598*62"W0XX0g0jjaef0&3WX~XY +,-[lg,-B^/E H9%DA5C9 I$* :*6*<H*?= :5T*(696 H$*6A96 :$(#8A* %# WWWX*H\>%5C#S 4#>D# 65:9 #%C#%:* :*% 6*)$8:9 Y56A(5A9 :* "#(D6 *8 ,-l`7 M '$* :*6H$J6 :5H$A#:97 <5856A(9 *8

T#(5#6 9C#6598*6 M H(*65:*8A* :*% ;986*L9 *8 ,--l N3< ,"- H<O<ii FaH#(*8A#8 6*( ;$(596 M T5T*8 C9<9 *8 %#6 >#C#8#%*6Q7 t$T*8#% N3 ,"- 4/2 ik C&*%&9.$"-< &5>(= WW7 C#HDA$%9 &UUWV N3 ,"- 4/2



*C98=<5C#7 C#A=%5C#7 H(9A*6A#8A*7 L$:D#7 H965A5T56A# M %5>(*H*86#:9(#7 %96 H(9H#)#8:56A#6:*% <#%A4$65#856<9 M :* %# <9(#% C(56A5#8#7 #%A($56A#7 58:*H*8:5*8A* 9 6$<56#7 T*6A5:96:* #<#(5%%97 A9:96 *%%967 696A*8:(K8 %# T*%# 4#6A# I$*<#(6* %96 :*:96 M T5T5(K8 *8 *%4#<>(* L$8A9 # %#6 <$L*(*6 )#%#6 M %#6 <*6#6 C#()#:#6 :* C#(8*7 :* '($A#6 M '%9(*67 M<9(5(K8 :* 6*: L$8A9 # )(#8:*6 A98*%*6 :*6>9(:#8A*6 :* T5892 &96 #>9)#:96 M %96

%*)56%#:9(*6 6$'(5(K8 %# <56<# H*8#2

08 8$*6A(9 (J)5<*8 :* H*(*@#7 H#(# <#A#( *% A5*<H9 I$* 896 <#A# 6*)$8:9 # 6*)$8:974#>(K *6H*CAKC$%96 M (*H(*6*8A#C598*6 A*#A(#%*6 H*(<#8*8A*<*8A*2 06 *6A* $8 A(#>#L9#:*C$#:9 # 8$*6A(96 %*)56%#:9(*67 I$5*8*67 9()#85@#:96 *8 C$#:(5%%#67 5(K8 H9( %#6 '*(5#6M %96 T5%%9((596 :#8:9 (*H(*6*8A#C598*6 %*)56%#A5T#62 W

&96 )*8*(#%*67 C98 6$6 >9A#6 :* L58*A*7 *% H*C49 C($@#:9 :* C9(:98*6 M *6C#(#H*%#67 MC$>5*(A9 :* C($C*6 :* %# %*)5=8 :* 4989(7 5(K8 H9( %#6 C#%%*6 (*C%$A#8:9 # )*8A* H#(# *%*6H*CAKC$%92 O#<>*AA# M ;#66#)8#Cil 6$ C9<H#:(*7 6* *8C#()#(K8 :* %# C4#(%#A#8*(D#585C5#%2 ;#66#)8#C7 *8 A(#L* :* <#A#<9(96 )5(#8:9 %96 9L967 A9(C5*8:9 *% >5)9A*7

*6C$H5*8:9 *6A9H# *8 %%#<#67 #<*8#@#(K # A9:9 *% <$8:9 C98 %# H56A9%# :* 6$ H#:(*7 M:*6#H#(*C*(K H9( $8 #)$L*(9 #H*8#6 6* %* *86*?* *% (*A(#A9 :* &$%%5*( i- S O#<>*AA#:56C$((5(K 69>(* H9%DA5C# *RA(#8L*(#7 69>(* %# H*I$*?# O(*C5#7 I$* # %# T*@ I$* %9#:9CA(58#7 :#(D# '$*)9 # A9:# 0$(9H# H#(# *6A#'#( # 3$(I$D#S 69>(* %# )(#8 X$65#7 I$* 6*

>$(%# :* J% C98 *% (*T9%A5L9 I$* H(9<*A* 4#C*( C98 "($65#7 M I$* :*6*# 4*(5:#6 MC45C498*6 #% b*6A* :* 0$(9H# H#(# 4#C*( 6$ %#>9( *8 *% 06A*7 M #49)#( #6D *% 8545%56<9 *8*% 58A*(59( :* 6$ H#D6S 69>(* ]56<#(r7 C$M# >98:#: %* 4# H*(<5A5:9 H(98$8C5#(6* 69>(* %##<856AD#2227 M :*6H$J67 :*68$:#8:9 6$ )(#8 H#8@# H58A#:# C98 A(*6 C9%9(*67 %* A9C#(K%%#<#:# M *8$<*(#(K %96 :*%5C59696 #85<#%5A967 %#6 #T*6 49(A*%#8#67 %#6 A($'#67 %96 T#696:* j#()#$R M :* hI$*<7 I$* 4#8 *8)$%%5:9 H#(# '9<*8A#( %# #)(5C$%A$(# M C98A*8A#( #%96 *%*CA9(*6 :* ]*%%*T5%%*2

08 %# >#((#C# C9<*8@#(K %# Z&.;& "-"'%0.&-<

Y*%#8A* :* %96 *%*CA9(*6 :* '&1"T& :* 6*((D8 M 9(*L#6 :* >$((97 %96 C#8:5:#A96 >$()$*6*67T*6A5:96 :* H#M#696 M C$>5*(A96 :* H(9)(#<#6 *%*CA9(#%*6 :* <\%A5H%*6 H(9<*6#67*L*C$A#(K8 %# :#8@# :* %#6 %5>*(A#:*6 H9%DA5C#6 M 4#>%#(K8 C98 %K)(5<#6 *8 %96 9L967 :* %#6<56*(5#6 :*% H$*>%97 M7 C98 T9@ 6989(#7 :* %#6 <56*(5#6 :* %# H#A(5#2 h %96 *%*CA9(*6C#>*@# :* 6*((D8 (*>$@8#(K8 # C9(97 '$*(A* M 696A*85:9E N54P N94P7 N54P N94P

aCA9 6*)$5:97 *<H*@#(K %# '$8C5=8E SH- !010 ," -0; 1("*"; ," -& *&'()*<U

&# m(#8C5# C#H5A#%56A#7 *6# *89(<* 4*<>(# :* C#(# T*%%96# M :* C#>*@# C#%T#7 :*'9(<#:#C9<9 $8# T#C#7 :* C#(8*6 '%9L#67 458C4#:#6 M :*6C9%9(5:#67 C98 %96 9L96 #H#)#:967 6*(*C$*6A# 69>(* $8 69'K :* A*(C59H*%92 a 6$6 H5*67 *% C#H5A#%56<9 58:$6A(5#%7 )5)#8A*6C9

il "af& Y0 ;a11aOea; +,-.^g,B`./E 45L9 :* ]*(8#(: O(#85*( :* ;#66#)8#C +>98#H#(A56A# M :5H$A#:9:$(#8A* *% WW W<H*(59 M %# WWW X*H\>%5C#/7 '$*7 # 6$ T*@7 :5H$A#:9 *8 *% H*(D9:9 (*H$>%5C#89 N3< ,"- H<O<i- ;caX&01g0Xe013 &f&&W0X +,-^-g,-B,/S <5%5A#( 89<>(#:9 )*8*(#% *8 L*'* :* %#6 A(9H#6 :* %# ;9<$8#2Y*A*85:9 M C98:*8#:9 # <$*(A*7 A(#6 %# :*((9A# :* J6A#7 %* '$* C98<$A#:# %# H*8# H9( %# :* A(#>#L96 #

H*(H*A$5:#:2 08 ,--` 6* >*8*'5C5= :* %# #<856AD#2 1*)\8 O5(#$%A7 *8 ,-k- 4#>D# #>9'*A*#:9 # "#$% :*;#66#)8#C7 58:5)8#:9 H9( %#6 C98T5CC598*6 #8A5((*H$>%5C#8#6 :* J6A*2 ;#66#)8#C7 H*6* # *%%97 6* 8*)= #

>#A5(6* *8 :$*%9 +%9 I$* *RH%5C# %# #%$65=8 :* &#'#()$*/2

06A* HK((#'97 6$H(5<5:9 *8 %# T*(65=8 C#6A*%%#8# :* ,B[B7 L$8A9 C98 %#6 #%$6598*6 #8A*(59(*6 # Y$'#$(*7O#%%5'*(7 *AC27 (*H(*6*8A# %# 6KA5(# <K6 T59%*8A# *6C(5A# H9( &#'#()$* :* %96 H*(698#L*6 H9%DA5C96 :* %# WWWX*H\>%5C# '(#8C*6# N3< ,"- H<O<



9()#856<9 :* 45*((97 C98 <K6C#(# :* <9897 :*T9(# <*CK85C#<*8A* 49<>(*67 <$L*(*6 M85?967 C$M96 )(5A96 %\)$>(*6 M :*6)#((#:9(*6 %%*8#8 *% #5(*S %# ]#8C#7 C98 *% 49C5C9 :*)#(:$?#7 *% C$*(H9 :* 45*8# M %#6 <#896 :* #(HD#7 %* (9># (KH5:#<*8A* %#6 H*((#6 C45C#62c9(:#6 :* <56*(#>%*6 H(9%*A#(5967 :*6C#(8#:96 M #8:(#L96967 *6C9%A#:96 H9( )*8:#(<*6I$* %%*T#8 %# *6H#:# :*6*8T#58#:#7 *<H$L#:96 H9( %#6 '$(5#6 I$* %96 #@9A#8 C98 %96

%KA5)96 :*% 4#<>(*7 %%*T#8 # %96 H5*6 :* %# m(#8C5# C#H5A#%56A# <98A98*6 :* <*(C#8CD#6 :*A9:#6 C%#6*67 A98*%*6 :* T5897 >9%6#6 :* 9(9 M :* A(5)92 &#8)%956iB7 C98 %96 C#%@98*6 *8$8# <#897 *% A*6A#<*8A9 :* "(9$:498 *8 %# 9A(# M *% %5>(9 :* C$*8A#6 *8A(* %96 :5*8A*67 6*

H%#8A# # %# C#>*@# :* %96 :*'*869(*6 :* %96 >5*8*6 :* %# 8#C5=8 M <98A# )$#(:5#2 aH*8#64#8 :*L#:9 %96 '#(:967 %96 9>(*(96 698 #((9L#:96 # C$%#A#@96 M >#M98*A#@967 M 6* #>(*8%#6 H$*(A#6 # %96 58:$6A(5#%*67 C9<*(C5#8A*6 M >#8I$*(967 I$5*8*6 6* H(*C5H5A#8 69>(* %969>L*A96 :* T#%9(7 *8)$%%*8:9 )J8*(96 :* #%)9:=87 6#C96 :* A(5)97 %58)9A*6 :* 9(9 MT#C5#8:9 A98*%*6 :* T5892 e9 H$:5*8:9 A(#)#( <K67 6$C5967 #6I$*(96967 6* 4$8:*8 *8 6$6:*6H9L96 M *8 6$6 T=<5A96222 m58#%<*8A*7 *6A#%%# *% A*<H9(#%E %# A5*((# 6* 6#C$:* M 6*#>(*S %# m#A#%5:#: 456A=(5C# 6$()*2 ;98 H5* :* 45*((9 #H%#6A# %#6 C#>*@#6 :* %96 I$* 45H#87A5A$>*#87 C#*8 M M# 89 H$*:*8 4$5(7 M C98 6$ %#()# <#89 #>#A* # %# m(#8C5# C#H5A#%56A#7

#A$(:5:# M I$* 6$:# :* <5*:92

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

"*(9 uC=<9 H*:5( # $8 H(9%*A#(5#:9 C9((9<H5:9 H9( %# <9(#% C#H5A#%56A# $8# (*69%$C5=8T5(5%v

N;9<9 ;(56A97 %# :9%5*8A* H*(6985'5C#C5=8 :* %# *6C%#T5A$: #8A5)$#7 %96 49<>(*67 %#6<$L*(*67 %96 85?96 :*% H(9%*A#(5#:9 6$>*8 #((#6A(K8:96* :*6:* 4#C* $8 65)%9 H9( *% :$(9C#%T#(59 :*% :9%9(E :*6:* 4#C* $8 65)%97 *% A(#>#L9 '9(@969 (9<H* 6$6 4$*6967 :*6A($M*6$6 C#(8*6 M #A*8#@# 6$6 8*(T596S :*6:* 4#C* $8 65)%97 *% 49<>(* :*6)#((# 6$6 TD6C*(#6 M#%$C58#8 6$6 C*(*>(96P Nb4 "*(*@#7 #H5K:#A* :* 8$*6A(# %#()# <56*(5#P Nb4 "*(*@#7 <#:(*:* %#6 #(A*6 M :* %#6 89>%*6 T5(A$:*67 6J *% >K%6#<9 :* %#6 #8)$6A5#6 4$<#8#6P

iB

t2 a2 &aeO&bW1E :56CDH$%9 M *L*C$A9( A*6A#<*8A#(59 :* "(9$:4987 I$*7 6*)\8 O5(#$%A7 '$* *%*)5:9:5H$A#:9 *8 ,-l, M 6* <#8A$T9 #% <#()*8 :* %# #CA5T5:#: :* %# ;9<$8#7 658 #H9M#(%# #>5*(A#<*8A* N3< ,"- H<O<



46F*,('"

e$*6A(96 <9(#%56A#6 698 )*8A* <$M <9:*6A#2 15 >5*8 4#8 58T*8A#:9 *% :9)<# :*% A(#>#L97

:$:#8 :* 6$ *'5C#C5# H#(# A(#8I$5%5@#( *% #%<#7 6#A56'#C*( %# <*8A* M <#8A*8*( *% >$*8'$8C598#<5*8A9 :* %96 (5?98*6 M :* 9A(96 =()#896S I$5*(*8 *RH*(5<*8A#( C98 %#6 <#6#6

H9H$%#(*67 (* &*(:& D(-(E #8A*6 :* #H%5C#(%9 # %96 C#H5A#%56A#67 C$M96 T5C596 A5*8*8 %#<565=8 :* *RH%5C#( M #$A9(5@#(2

"*(97 uH9( I$J7 '5%=69'96 :* H#C9A5%%#7 #A9(<*8AK56 A#8A9 T$*6A(9 C*(*>(9 H#(# *%$C$>(#($8# <9(#% C$M# H(KCA5C# 89 96K56 #C986*L#( # T$*6A(96 H#A(9896v uG$*(J56 T*((5:5C$%5@#:9 M :*6498(#:9 *6* :9)<# :*% A(#>#L97 H9( *% C$#% 96 <96A(K56 A#8 9()$%%9696v;986$%A#: %# 456A9(5# :* %96 H$*>%96 #8A5)$96 M %96 *6C(5A96 :* 6$6 '5%=69'96 M%*)56%#:9(*62

Fh9 89 H9:(D# #'5(<#( Z:5C* *% H#:(* :* %# c56A9(5#7 c*(=:9A9Z I$* %96)(5*)96 4#M#8 (*C5>5:9 :* %96 *)5HC596 *% :*6H(*C59 #% A(#>#L97 H9( C$#8A9*8C$*8A(9 *6A#>%*C5:9 *% <56<9 :*6H(*C59 *8A(* %96 A(#C5967 %96 *6C5A#67%96 H*(6#6 M %96 K(#>*6S *8 $8# H#%#>(#7 H9(I$* *8 %# <#M9(D# :* %96

>K(>#(967 %96 I$* #H(*8:*8 %#6 #(A*6 <*CK85C#6 M A#<>5J8 6$6 45L967 698C9865:*(#:96 C9<9 %96 \%A5<96 :* %96 C5$:#:#896222 39:96 %96 )(5*)964#8 65:9 *:$C#:96 *8 *6A* H(58C5H597 H#(A5C$%#(<*8A* %96 %#C*:*<98596Qk`2

F08 aA*8#67 %96 C5$:#:#896 *(#8 T*(:#:*(96 89>%*67 I$* 89 :*>D#89C$H#(6* <K6 I$* :* %# :*'*86# M :* %# #:<5856A(#C5=8 :* %# C9<$85:#:7

C9<9 %96 )$*((*(96 6#%T#L*6 :* %96 C$#%*6 :*6C*8:D#82 Y*>5*8:9 A*8*(A9:9 6$ A5*<H9 %5>(* H#(# T*%#( C98 6$ '$*(@# 58A*%*CA$#% M C9(H9(#% H9(%96 58A*(*6*6 :* %# X*H\>%5C#7 *8C#()#>#8 A9:9 A(#>#L9 # %96 *6C%#T962 &9<56<9 6$C*:D# *8 &#C*:*<985#7 :98:* # %#6 <$L*(*6 %*6 *6A#>#

H(945>5:9 45%#( M A*L*(7 69 H*8# :* I$*:#(6* :*(9)#:# 6$ 89>%*@#Qk,2

&96 (9<#896 6=%9 C989CD#8 :96 9'5C596 89>%*6 M %5>(*6E %# #)(5C$%A$(# M %#6 #(<#62 39:96%96 C5$:#:#896 T5TD#8 :* :*(*C49 # *RH*86#6 :*% A*69(97 658 H9:*( 6*( 9>%5)#:96 #

H(9T**( 6$ 6$>656A*8C5# C98 858)$8# :* %#6 ;0.,(,&" &.%";E C9<9 :*65)8#>#8 *%%96 # %969'5C5967 I$* *6A#>#8 (*6*(T#:96 \85C#<*8A* H#(# %96 *6C%#T962 ;$#8:9 ]($A97 *% #8A5)$97I$569 %*T#8A#( #% H$*>%97 #C$6= 69>(* A9:9 # 3#(I$5897 *% A5(#897 :* 4#>*( C98T*(A5:9 #

%5>(*6 C5$:#:#896 *8 #(A*6#896 M #%>#?5%*6k[

2

&96 '5%=69'96 #8A5)$96 6* :56H$A#>#8 *% 9(5)*8 :* %#6 5:*#67 H*(9 *6A#>#8 :* #C$*(:9C$#8:9 6* A(#A#># :* #>9((*C*( *% A(#>#L92 F&# 8#A$(#%*@# Z*6C(5>* "%#A=8 *8 6$ $A9HD#69C5#%7 *8 6$ !"6n1-('& <9:*%9Z 89 4# 4*C49 #% @#H#A*(9 85 #% 4*((*(9S A#%*69C$H#C598*6 :*)(#:#8 # %96 I$* %#6 *L*(C*8E T5%*6 <*(C*8#(5967 <56*(#>%*6 658 89<>(*7I$* 698 *RC%$5:96 H9( 6$ <56<9 *6A#:9 :* %96 :*(*C496 H9%DA5C962 08 C$#8A9 # %968*)9C5#8A*67 4#>5A$#:96 # <*8A5( M *8)#?#(7 6*(K8 A9%*(#:96 *8 %# C5$:#: C9<9 $8 <#%8*C*6#(592 0% C5$:#:#89 I$* 6* :*)(#:# C98 %96 8*)9C596 C9<*(C5#%*6 :*>* 6*( C#6A5)#:9

k`

c0XyYb3b239<9 WW7 A(#:$CC5=8 &#(C4*( +,l-k/ N3 ,"- 4<O k, ]Wb3E Y* %# #>9%5C5=8 :* %# *6C%#T5A$: #8A5)$# *8 bCC5:*8A*7 ,-.` N3< ,"- 4<O k[ 3W3b &WVWb7 &5>(9 , N3< ,"- 4<O<



H9( *6A* :*%5A92 15 *6AK C98T5CA97 6*(K C98:*8#:9 # $8 #?9 :* H(565=87 M %# H*8# 6*(K:9>%#:# C#:# T*@ I$* (*58C5:#Qk^2

08 6$ 9>(# H- "'0*):('0E t*89'98A* *6C(5>*E F&#6 H*(698#6 I$* 6* :#8 # %96 A(#>#L96<#8$#%*6 8$8C# 698 *%*T#:#6 # C#()96 H\>%5C967 M C98 (#@=82 ;98:*8#:96 C#65 65*<H(*

# *6A#( 6*8A#:96 A9:9 *% :D# M # 69H9(A#(7 #%)$8967 $8 '$*)9 C98A58$97 89 H$*:*8 <*896I$* A*8*( *% C$*(H9 #%A*(#:97 M *6 >5*8 :5'DC5% I$* *% *6HD(5A$ 89 6* (*65*8A#Q2

FuG$J H$*:* 6#%5( :* 4989(#>%* :* $8 8*)9C59vQ Z*RC%#<# ;5C*(=8Z2 Fuh I$J H$*:* H(9:$C5( :* 498*6A9 *% C9<*(C59v 39:9 %9 I$* 6* %%#<# 8*)9C59 *6 58:5)89 :* $849<>(* 498(#:9222 &96 8*)9C5#8A*6 89 H$*:*8 )#8#( 658 <*8A5(7 M uI$J 4#M <K6T*()98@969 I$* %# <*8A5(#v "9( %9 A#8A97 *6 8*C*6#(59 C9865:*(#( C9<9 #%)9 >#L9 M T5% *%9'5C59 :* A9:96 %96 I$* T*8:*8 6$ H*8# 9 6$ 58:$6A(5#S H$*6A9 I$* C$#%I$5*(# I$* C#<>5*6$ A(#>#L9 H9( :58*(97 6* T*8:* M 6* H98* # 85T*% :* %96 *6C%#T96Qk.2

"(9%*A#(596 *<>($A*C5:96 H9( *% :9)<# :*% A(#>#L97 u9D6 *% %*8)$#L* :* *6A96 '5%=69'967

I$* 6* 96 9C$%A# C98 $8 C$5:#:9 *6H*C5#%v f8 C5$:#:#89 I$* :# 6$ A(#>#L9 H9( :58*(9 6*:*)(#:# #% 85T*% :* %96 *6C%#T96S C9<*A* $8 C(5<*8 I$* <*(*C* #?96 :* H(565=82

&# A#(A$'*(D# C(56A5#8# M *% $A5%5A#(56<9 C#H5A#%56A# 89 4#>D#8 H*(T*(A5:9 # *6A96 '5%=69'96:* %#6 X*H\>%5C#6 #8A5)$#67 I$5*8*67 :56C$((5*8:9 C9<9 49<>(*6 %5>(*67 4#>%#>#858)*8$#<*8A* :* 6$ H*86#<5*8A92

"%#A=8 M a(56A=A*%*67 *6A96 H*86#:9(*6 )5)#8A*67 # I$5*8*6 8$*6A(96 '5%=69'96 :* <9:#7%96 ;9$6587 %96 ;#(97 %96 15<=87 *ACJA*(#7 #H*8#6 %*6 %%*)#8 #% A9>5%%9 #H9MK8:96* 69>(*%# H$8A# :* %96 H5*67 I$*(D#8 I$* %96 C5$:#:#896 :* 6$6 X*H\>%5C#6 5:*#%*6 T5T5*6*8 *8 *%<#M9( 9C597 M# I$*7 C9<9 :*CD# t*89'98A*E F*% A(#>#L9 9C$H# A9:9 *% A5*<H9 M 89 I$*:#8#:# :* J% H#(# %# X*H\>%5C# M %96 #<5)96Q2

1*)\8 "%$A#(C97 F*% )(#8 ADA$%9 :* &5C$()9 Z*% <K6 6#>59 :* %96 49<>(*6Z # %##:<5(#C5=8 :* %# H96A*(5:#: *(# *% 4#>*( C98C*:5:9 9C596 # %96 C5$:#:#896 :* %#X*H\>%5C#7 H(945>5J8:9%*6 A9:# C%#6* :* 9'5C59Qki2

F"*(9 Z(*6H98:*(K8 %96 ]#6A5#A7 %96 Y$H#8%9$Hkk7 %96 ]*#$%5*$7 M A9:96 %96 <9(#%56A#6C(56A5#89gC#H5A#%56A#6Z *696 H*86#:9(*67 *696 '5%=69'96 H(*C985@#>#8 %# *6C%#T5A$:Q2j$M C5*(A97 H*(9 uH9:D# 6*( :* 9A(# <#8*(# :#:#6 %#6 C98:5C598*6 *C98=<5C#6 M

H9%DA5C#6 :* 6$ JH9C#v &# )$*((# *(# *% *6A#:9 89(<#% :* %#6 69C5*:#:*6 #8A5)$#6E *%

49<>(* %5>(* :*>D# C986#)(#( 6$ A5*<H9 # :56C$A5( %#6 %*M*6 :*% 06A#:9 M # T*%#( H9( 6$:*'*86#2 &96 9'5C596 *(#8 *8A98C*6 :*<#65#:9 H(5<5A5T96 M )(96*(96 H#(# H9:*( C$<H%5(7*L*(C5AK8:9%967 C98 6$ H(9H5# <565=8 :* 69%:#:9 M C5$:#:#892

k^ "&a3yeE !"6n1-('&E &5>(9 V N3< ,"- 4<O< k. ;W;0XyeE =" -0; ,"1".";< 3DA$%9 WW7 C#HDA$%9 U&WW N3< ,"- 4<O< ki "&a3yeE @& !"6n1-('&E V7 M @&; -"R";E WWWS a(56A=A*%*6E !"6<E WW M VWWSt0ebmbe30E 0% *C98=<5C97 WV M VWS "%$A#(C9E V5:# :* &5C$()9 +e2 :*% a2/2 kk ;WafY0gmXsY0XW; ]a13Wa3 +,-`,g,-i`/E *C989<56A# M H9%DA5C97 :*'*869( #(:5*8A* :*% %5>(*C#<>56<9 MC(DA5C9 (5)$(969 :*% H(9A*CC59856<9 M :*% 69C5#%56<92 j$(5= :*L#8:9 58C9<H%*A# 6$ 9>(# H(58C5H#%7 %#6

4.:0*I&; "'0*):('&;<

m0&WUgae3bWe0g"cW&W]0X3 Yf"ae&bf" +,-`[g,-l-/E 9>56H9 :* b(%*K86 M <5*<>(9 :* %#aC#:*<5# m(#8C*6#7 '$*7 :$(#8A* *% W<H*(597 :*'*869( :* %# %5>*(A#: :* *86*?#8@# M L*'* :* '5%# :* %96C#A=%5C96 %5>*(#%*67 M :5H$A#:9 M 6*8#:9( *8 %# WWW X*H\>%5C# N3< ,"- H<O<



"#(# A*8*( )$*((*(96 M C5$:#:#8967 %96 '5%=69'96 M %96 %*)56%#:9(*6 #8A5)$96 A9%*(#>#8 #%96 *6C%#T96 *8 6$6 X*H\>%5C#6 4*(95C#62 "*(9 %96 <9(#%56A#6 M *C989<56A#6 :*%C#H5A#%56<97 u89 H(*C985@#8 *% #6#%#(5#:97 %# *6C%#T5A$: <9:*(8#v h u# I$5J8*6 9A9()#9C596 %# *6C%#T5A$: C#H5A#%56A#v a %96 X9A46C45%:7 # %96 1C48*5:*(7 # %#6 j#:#<*]9$C5C#$Akl7 58\A5%*6 M 89C5T967 *6C%#T96 :* 6$6 T5C596 M :* 6$6 :9<J6A5C962

F0% H(*L$5C59 :* %# *6C%#T5A$: :9<58#># *% *6HD(5A$ :* a(56A=A*%*6 M :* "5AK)9(#6Q7 6* 4#*6C(5A9 :*6:*?96#<*8A*7 M7 658 *<>#()97 a(56A=A*%*6 H*86#># I$* F65 A9:9 586A($<*8A9

H$:5*(# *L*C$A#( H9( 6D 69%9 6$ H(9H5# '$8C5=87 <9T5J8:96* H9( 6D <56<97 C9<9 %#6C#>*@#6 :* YJ:#%9 9 %96 A(DH9:*6 :* V$%C#897 I$* 6* :*:5C#>#8 *6H98AK8*#<*8A* # 6$A(#>#L9 6#)(#:9S 657 H9( *L*<H%97 %96 4$696 :* %96 A*L*:9(*6 A*L5*(#8 H9( 6D 69%967 85 *%<#*6A(9 A*8:(D# 8*C*65:#: :* #M$:#8A*67 85 *% H#A(989 :* *6C%#T96Q2

0% 6$*?9 :* a(56A=A*%*6 *6 8$*6A(# (*#%5:#:2 e$*6A(#6 <KI$58#6 C98 #%5*8A9 :* '$*)97<5*<>(96 :* #C*(97 58'#A5)#>%*67 M :* '*C$8:5:#: <#(#T5%%96#7 58#)9A#>%*7 C$<H%*8:=C5%<*8A* M H9( 6D <56<#6 6$ A(#>#L9 6#)(#:97 M7 # H*6#( :* *6A97 *% )*859 :* %96

)(#8:*6 '5%=69'96 :*% C#H5A#%56<9 H*(<#8*C* :9<58#:9 H9( *% H(*L$5C59 :*% #6#%#(5#:97 %# H*9( :* %#6 *6C%#T5A$:*62 a\8 89 4#8 #%C#8@#:9 # C9<H(*8:*( I$* %# <KI$58# *6 %#(*:*8A9(# :* %# 4$<#85:#:7 %# :596# I$* (*6C#A#(K #% 49<>(* :* %#6 ;0.,(,&" &.%"; M :*%A(#>#L9 #6#%#(5#:97 %# :596# I$* %* :#(K 9C596 M %5>*(A#:2

kl jaXOf0XW30 OfsXWe +,-,kg,--l/E *6H96# :* t#CI$*6 a(56A5:* ]9$C5C#$A7 H(9H5*A#(59 :* F]98j#(C4JQ M '#<969 H9( 6$ H(*9C$H#C5=8 H9( *% >5*8*6A#( :* 6$6 *<H%*#:962 a 6$ <$*(A*7 <#:#<*]9$C5C#$A <#8A$T9 %# :5(*CC5=8 :*% 8*)9C59 M C98A58$= %#6 9>(#6 '5%#8A(=H5C#6 :* 6$ <#(5:92 m$8:= *%

c96H5A#% ]9$C5C#$A :* "#(D67;9<9 *8 9A(#6 9C#6598*67 &#'#()$* :5(5)* 6$6 #A#I$*6 # %96 >$()$*6*6 <#6 C989C5:96 H9( 6$ H#A*(8#%56<97? % % % 5: : % :5' 5 : % % : % % A 5 : N3 , - HO

Lafargue_Paul_Derecho a La Pereza

Documents

Transcript of Lafargue_Paul_Derecho a La Pereza