Chakravartty, Anjan - Scientific Realism and Ontological Relativity, 2011

8/13/2019 Chakravartty, Anjan - Scientific Realism and Ontological Relativity, 2011

http://slidepdf.com/reader/full/chakravartty-anjan-scientific-realism-and-ontological-relativity-2011 1/22

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

*2342 "5467484799:

#2;9<9=9> ?@7 95> A<;9@7: 42B C5<D@;@E5: @? !F<>2F> 42B &>F52@D@G:H

42B ->E479I>29 @? C5<D@;@E5:H J2<8>7;<9: @? &@7@29@

*K;974F9

"#$%&'$($# )%*+$,- .*, '.)%% /$-%&,$0&,1 * -%'*2.3,$#*+ #0--$'-%&' '0 '.% %4$,'%&#% 0( * -$&/5

$&/%2%&/%&' 60)+/7 * ,%-*&'$# #0--$'-%&' '0 * +$'%)*+ $&'%)2)%'*'$0& 0( ,#$%&'$($# #+*$-,7 *&/ *&

%2$,'%-0+08$#*+ #0--$'-%&' '0 ,#$%&'$($# 9&06+%/8% 0( :0'. 0:,%);*:+% *&/ <&0:,%);*:+% %&'$'$%,=

>.% ,%-*&'$# /$-%&,$0& $, <&#0&')0;%),$*+? *&/ '.% %2$,'%-0+08$#*+ /$-%&,$0&? '.0<8. #0&'%,'%/?

$, 6%++ *)'$#<+*'%/ $& * &<-:%) 0( 6*3,= >.% -%'*2.3,$#*+ /$-%&,$0&? .06%;%)? $, &0' %;%& 6%++

*)'$#<+*'%/= @& '.$, 2*2%)? @ %+*:0)*'% * 2+*<,$:+% <&/%),'*&/$&8 0( -$&/ $&/%2%&/%&#% (0) '.% )%*+$,'

A 2+*<,$:+% $& #0&#%/$&8 '.% (0)#% 0( ,#%2'$#*+ *)8<-%&', '0 '.% %((%#' '.*' '.%)% $, &0 0&% #0))%#'

6*3 '0 #*);% &*'<)% *' $', B0$&',? :<' )%*+$,' $& 2)020,$&8 *& 0:B%#'$;% :*,$, (0) #*);$&8 &0&%'.%+%,,=

C*+9$&8 '.$, +$&% :%'6%%& $-2+*<,$:+% )%*+$,- *&/ (<++5:+06& #0&,')<#'$;$,- +%*/, /06& '.% 2*'.0( '.)%% (0)-, 0( )%+*'$;$,- 0) 2+<)*+$,-1 0&% #0&#%)&$&8 '.% 6*3, $& 6.$#. ,#$%&'$,', D2*#9*8%E

2)02%)'$%, $&'0 %&'$'$%,7 *&0'.%) #0&#%)&$&8 '.% 2)%#$,% -%'*2.3,$#*+ &*'<)%, 0( '.%,% %&'$'$%,7 *&/

*&0'.%) #0&#%)&$&8 '.% #0&'%4' )%+*'$;$'3 0( '.%$) :%.*;$0<)=

LM )>4D<;IH 7>D49<8<;IH ED=74D<;I

>.% 2)%%-$&%&' F<%,'$0& 0( '.% -%'*2.3,$#, 0( #+*,,$($#*'$0& $, '.*' 0( 6.%'.%) '.% 60)+/ $,

$',%+( &*'<)*++3 ,<:/$;$/%/ $&'0 9$&/, 0( '.$&8,= G)% 9$&/, 0<' '.%)%? ,0 '0 ,2%*9? 0) *)% '.%3 )*'.%)

*)'%(*#', 0( #0&;%&'$0&? %4$,'$&8 0&+3 $&,0(*) *, #+*,,$($#*'0)3 2)*#'$#%, *)% :)0<8.' '0 :%*) :3

#)%*'<)%, ,<#. *, 0<),%+;%,H @& '.$, 2*2%)? @ %4*-$&% '.$, F<%,'$0& ()0- '.% 20$&' 0( ;$%6 0( '.%

,#$%&#%,? *&/ -0)% ,2%#$($#*++3? ()0- '.% 2%),2%#'$;% 0( '.% -0,' (<+,0-% ;$%6 0( '.% %2$,'%-$#

#)%/%&'$*+, 0( '.% ,#$%&#%, )%8*)/$&8 6.*'I, D0<' '.%)%E1 ,#$%&'$($# )%*+$,-= G, @ .02% '0 ,.06?

*22)0*#.$&8 '.% -%'*2.3,$#, 0( #+*,,$($#*'$0& ()0- '.% 2%),2%#'$;% 0( ,#$%&'$($# )%*+$,- .*,

$-20)'*&' #0&,%F<%&#%, (0) 0&%I, ;%)3 <&/%),'*&/$&8 0( '.% 2%),2%#'$;% $',%+(= >.<,? :3 #0&,$/%)$&8

'.% &*'<)% 0( 9$&/, ()0- '.$, 2%),2%#'$;%? @ *$- '0 ,.%/ +$8.' &0' 0&+3 0& '.% -%'*2.3,$#, 0(

#+*,,$($#*'$0&? :<' *+,0 0& '.% &*'<)% 0( )%*+$,- 6$'. )%,2%#' '0 ,#$%&'$($# 9&06+%/8%=

"#$%&'$($# )%*+$,- J,$-2+3 K)%*+$,-I? .%&#%(0)'.? <&+%,, 0'.%)6$,% $&/$#*'%/L $, '.% ;$%6 '.*'

0<) :%,' ,#$%&'$($# '.%0)$%, *)% ')<%? 0) *22)04$-*'%+3 ')<%? 0) '0 2<' $' $& '%)-, 0'.%) '.*& ')<'.?

'.*' '.%3 /%,#)$:% 6%++? 0) '0 ,0-% ,$8&$($#*&' /%8)%% 0( ,<##%,,? '.% 0&'0+083 0( 2*)', 0( '.% 60)+/=

>.%)% *)% %42+$#$' #*;%*', :<$+' $&'0 '.$, #0*),% /%($&$'$0& JK:%,'I '.%0)$%,? K*22)04$-*'%I ')<'.?

K,$8&$($#*&' /%8)%%,I 0( ,<##%,,L? *&/ @ 6$++ -*9% &0 *''%-2' '0 %420<&/ '.%,% 2*)'$#<+*)

F<*+$($#*'$0&, .%)%= G (<)'.%) #+*)$($#*'$0& 0( '.% /%($&$'$0&? .06%;%)? (<)&$,.%, * #%&')*+ -0'$;*'$0&



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

M

(0) 6.*' (0++06,= N%*+$,- $, 0('%& %42+$#*'%/ $& '%)-, 0( '.)%% ,0)', 0( #0--$'-%&'1 * -%'*2.3,$#*+

#0--$'-%&' '0 '.% %4$,'%&#% 0( * -$&/5$&/%2%&/%&' )%*+$'37 * ,%-*&'$# #0--$'-%&' '0 $&'%)2)%'

,#$%&'$($# #+*$-, +$'%)*++3 J0) *, $' $, 0('%& 2<'? K*' (*#% ;*+<%IL7 *&/ *& %2$,'%-0+08$#*+ #0--$'-%&' '0

)%8*)/ '.%,% #+*$-, *, (<)&$,.$&8 9&06+%/8% 0( :0'. 0:,%);*:+% *&/ <&0:,%);*:+% %&'$'$%, *&/

2)0#%,,%,= G('%) '.% /%-$,% 0( +08$#*+ %-2$)$#$,- *&/ ;*)$0<, (0)-, 0( $&,')<-%&'*+$,- J6.$#.

#0&,')<% '%)-, (0) <&0:,%);*:+%, *, %++$2'$#*+ (0) '%)-, #0&#%)&$&8 0:,%);*:+%,L? '.% ,%-*&'$#

#0-20&%&' 0( )%*+$,- $, &06 6$/%+3 *##%2'%/ :3 )%*+$,', *&/ *&'$)%*+$,', *+$9%= >.% %2$,'%-0+08$#*+

#0-20&%&' $, .$8.+3 #0&'%,'%/? :<' .*, *' +%*,' :%%& %+*:0)*'%/ $& * &<-:%) 0( 6*3,= @& #0&')*,'?

'.0<8. *+,0 .$8.+3 #0&'%,'%/? '.% -%'*2.3,$#*+ #0-20&%&' )%-*$&, +*)8%+3 <&%42+0)%/=

@&/%%/? $& 2.$+0,02.$#*+ #0&,$/%)*'$0&, 0( '.% ,#$%&#%,? -<#. -0)% 60)9 .*, :%%& /0&% '0

#+*)$(3 6.*' $' -$8.' -%*& (0) '.% 60)+/ '0 :% -$&/5!"#"$!"$% '.*& .*, :%%& /%/$#*'%/ '0 #+*)$(3$&8

'.% &0'$0& 0( -$&/ $&/%2%&/%&#%= O3 80*+ $& 6.*' (0++06, $, '0 *)'$#<+*'% ,%;%)*+ *,2%#', 0( -$&/

$&/%2%&/%&#% (0) '.% )%*+$,'= @& ,%#'$0& M? @ #0&,$/%) '.% /%(*<+' *,,<-2'$0& $-2+$#$' $& -0,'

')%*'-%&', 0( )%*+$,-? '0 '.% %((%#' '.*' '.% 60)+/ #0-2)$,%, *& 0:B%#'$;%? -$&/5$&/%2%&/%&'?

&*'<)*+ 9$&/ ,')<#'<)%= >.$, D'*40&0-$# -0&$,-E %-%)8%, ()0- * ;%&%)*:+% ')*/$'$0& $& 2.$+0,02.3?

:<' $, <&/%)-$&%/ :3 -0/%)& ,#$%&#%= @& ,%#'$0& P? @ #0&,$/%) '.% (*-$+3 0( ;$%6, ')*/$'$0&*++3

)%8*)/%/ *, (0$+, (0) '*40&0-$# -0&$,-? <&/%) '.% .%*/$&8 0( D2+<)*+$,-E= Q$;%& '.% )%B%#'$0& 0(

-0&$,- ,<88%,'%/ :3 -0/%)& ,#$%&#%? 2+<)*+$,- :%#90&,? :<' 0<) -0,' /%'*$+%/ ;%),$0&, 0(

2+<)*+$,- *)% *++ (0)-, 0( *&'$)%*+$,-? *&/ '.<, 0( &0 <,% '0 '.% )%*+$,'= @& ,%#'$0& R? @ 2)%,%&' *&

*##0<&' 0( 2+<)*+$,- (0) )%*+$,', $& '.)%% 2*)',? '.% ($),' 0( 6.$#. @ -*$&'*$& $, #%&')*+ '0 *&3

2+*<,$:+% *##0<&' 0( )%*+$,-= >.% ,%#0&/ *&/ '.$)/ 2*)', *)% 02'$0&*+ %4')*,? (0++06$&8 ()0- (<)'.%)

#0--$'-%&', '.*' )%*+$,', -*3 :<' &%%/ &0' *##%2'= S&% #0&,%F<%&#% 0( '.%,% #0&,$/%)*'$0&, $,

'.*' '.% #0--0&+3 *,,%)'%/ 0220,$'$0& :%'6%%& )%*+$,- 0& '.% 0&% .*&/? *&/ 2+<)*+$,- *&/

)%+*'$;$,- 0& '.% 0'.%)? )%2)%,%&', *& %&'$)%+3 (*+,% /$#.0'0-3=

O3 #0&#0-$'*&' <,% 0( '.% '%)-, K2+<)*+$,-I *&/ K)%+*'$;$,-I .%)% -*3 8$;% ,0-% 2*<,%=

T+<)*+$,- $, 0('%& 20)')*3%/ *, * ;$)'<%? :<' -3 <,% 0( '.% '%)- $, &0' $&'%&/%/ '0 )%&/%) '.%

20,$'$0& (0) 6.$#. @ 6$++ *)8<% *&0/3&% *&/ '.<, -0)% *'')*#'$;% '.*& $' -$8.' 0'.%)6$,% ,%%-= U0)

'.%)% $, &0 /$,8<$,$&8 '.% (*#' '.*' '.% 2+<)*+$,- @ %&/0),% ,'%-, ()0- *& $&%,#*2*:+% )%+*'$;$'3 0(

#%)'*$& #+*,,$($#*'0)3 2)*#'$#%, '0 ,#$%&'$($# #0&'%4', 0( $&;%,'$8*'$0& *&/ /%,#)$2'$0&= N%+*'$;$,- $,

0('%& 20)')*3%/ *, '.% %&%-3 0( )%*+$,-? *&/ 6.$+% '.%)% *)% (0)-, 0( )%+*'$;$,- '.*' ($' '.$, -0<+/?

@ 6$++ *)8<% '.*' '.% (0)-, @ /%,#)$:% .%)% *)% &0' 0&+3 #0&,$,'%&' 6$'. )%*+$,-? :<' 8)0<&/ *

2+<)*+$,'$# *''$'</% 6$'. )%,2%#' '0 0&'0+083 '.*' $, )%F<$)%/ 0( ,02.$,'$#*'%/ )%*+$,', $& '.% %)* 0(

'.% -0/%)& ,#$%&#%,=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

P

NM &5> E@8>79: @? 94O@2@I<F I@2<;I

V06 $, '.% -%'*2.3,$#*+ /$-%&,$0& 0( )%*+$,- A '.% #0--$'-%&' '0 '.% %4$,'%&#% 0( * -$&/5

$&/%2%&/%&' 60)+/ A '32$#*++3 #0&#%$;%/H @' $, &0' <&#0--0& '0 ,%% 2*,,$&8 ,<88%,'$0&, 0(? 0)

*++<,$0&, '0? D'.% J0&% ')<%L &*'<)*+ 9$&/ ,')<#'<)% 0( '.% 60)+/E? :<' %+*:0)*'$0&, $& '.$, #0&'%4' *)%

,#*)#%= G& $-20)'*&' %4#%2'$0& $, T,$++0,I JWXXXL $&(+<%&'$*+ #.*)*#'%)$Y*'$0& 0( )%*+$,-? 6.$#. 8$;%,

,+$8.'+3 -0)% /%'*$+ )%8*)/$&8 6.*' ,%%-, *& <&/%)+3$&8 #0&,%&,<,1

>.% -%'*2.3,$#*+ ,'*&#% Z$=%= '.% -%'*2.3,$#*+ #0-20&%&' 0( )%*+$,-[ *,,%)', '.*' '.%

60)+/ .*, * /%($&$'% *&/ -$&/5$&/%2%&/%&' &*'<)*+ 9$&/ ,')<#'<)%\Z'.$,[ '.%,$, $, * :*,$#

2.$+0,02.$#*+ 2)%,<220,$'$0& 0( ,#$%&'$($# )%*+$,-= @' $, -%*&' '0 -*9% ,#$%&'$($# )%*+$,-

/$,'$&#' ()0- *++ '.0,% *&'$5)%*+$,' *##0<&', 0( ,#$%&#%\6.$#. )%/<#% '.% #0&'%&' 0( '.%

60)+/ '0 6.*'%;%) 8%', +$#%&,%/ :3 * ,%' 0( %2$,'%-$# 2)*#'$#%, *&/ #0&/$'$0&,= @&2*)'$#<+*) '.% -%'*2.3,$#*+ ,'*&#% $-2+$%, '.*' $( '.% <&0:,%);*:+% &*'<)*+ 9$&/, 20,$'%/

:3 '.%0)$%, %4$,' *' *++? '.%3 %4$,' $&/%2%&/%&'+3 0( .<-*&,I *:$+$'3 '0 9&06? ;%)$(3?

)%#08&$,%? '.*' '.%3 /0= @&,'%*/ 0( 2)0B%#'$&8 * ,')<#'<)% 0&'0 '.% 60)+/? ,#$%&'$($# '.%0)$%,?

*&/ ,#$%&'$($# '.%0)$Y$&8 $& 8%&%)*+? /$,#0;%) *&/ -*2 0<' *& *+)%*/3 ,')<#'<)%/ *&/ -$&/5

$&/%2%&/%&' 60)+/\'.$, -%'*2.3,$#*+ '.%,$, $, 2)%)%F<$,$'% '0 *&3 -%*&$&8(<+ /%(%&#% 0(

,#$%&'$($# )%*+$,-= J22= 4$4544L

>.% #0)% 0( '.$, /%,#)$2'$0& 0( '.% -%'*2.3,$#*+ #0-20&%&' 0( )%*+$,- $, '.% '.%,$, '.*' '.%)% $, *

<&$F<% 0)8*&$Y*'$0& 0( *,2%#', 0( '.% 60)+/ $&'0 -$&/5$&/%2%&/%&' 9$&/,= >.% #0&&0'*'$0& 0(

<&$F<%&%,, $, *& $-2+$#*'$0& 0( '.% '%)- K/%($&$'%I $& '.% %42)%,,$0& K/%($&$'% *&/ -$&/5$&/%2%&/%&'&*'<)*+ 9$&/ ,')<#'<)%I= T*)', 0( '.$, 2<'*'$;%+3 <&$F<% ,')<#'<)% '.%& #0&,'$'<'% '.% '*)8%', 0( '.%

%2$,'%-0+08$#*+ /$-%&,$0& 0( )%*+$,-? 6.$#. -*$&'*$&, '.*' 0&% #*& .*;% 9&06+%/8% 0( '.%,%

*,2%#',? %;%& 6$'. )%,2%#' '0 <&0:,%);*:+%,= N%*+$,', ,'*&/*)/+3 #0&#%$;% 0( '.%,% *,2%#', $& '%)-,

0( '.% ;*)$0<, %&'$'$%, *&/ 2)0#%,,%, /%,#)$:%/ :3 0<) :%,' ,#$%&'$($# '.%0)$%,? ,0 +%' <, )%8$-%&' '.%

'.%,$, *, (0++06,1

>*40&0-$# O0&$,- J>OL1

>.%)% $, * <&$F<% ,')<#'<)% 0( -$&/5$&/%2%&/%&' %&'$'$%, *&/ 2)0#%,,%,=

>.% $/%* 0( * D,')<#'<)%E 0( &*'<)*+ 9$&/, $, * )%/0+%&' $-*8%? (*-$+$*) '0 *++ 6.0 6%)% '*<8.'

$& ,#.00+ '0 /$;$/% J(0) %4*-2+%L '.% 9$&8/0- G&$-*+$* $&'0 /$((%)%&' 2.3+*? 2.3+* $&'0 #+*,,%,? *&/

,0 0& <+'$-*'%+3 $&'0 8%&%)* *&/ ,2%#$%,= @' ,<88%,', &*'<)*+ 8)0<2$&8, '.*' ,'*&/ $& #%)'*$& 6%++

/%($&%/ )%+*'$0&, '0 0&% *&0'.%) A $& '.% 2)%,%&' %4*-2+%? )%+*'$0&, 0( .$%)*)#.$#*+ ,<:,<-2'$0& 0(



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

R

#*'%80)$%, $& * '*40&0-$# ')%% A '.*' '08%'.%) #0&,'$'<'% '.% )%+%;*&' ,')<#'<)%= >.% $/%&'$($#*'$0& $&

,0-% *&#$%&' *&/ ,#.0+*,'$# 2.$+0,02.3 0( 9$&/, 6$'. %,,%&#%, J#0++%#'$0&, 0( $&')$&,$# 2)02%)'$%,

'.*' *)% :0'. &%#%,,*)3 *&/ B0$&'+3 ,<(($#$%&' (0) 9$&/ -%-:%),.$2L $, 0&% 6*3 0( %4%-2+$(3$&8 >O?

:<' &0' '.% 0&+3 6*3= U0) %;%& * -0)% +$:%)*+ *''$'</% )%8*)/$&8 9$&/ -%-:%),.$2 $, #0-2*'$:+%

6$'. '.% &0'$0& '.*' '.%)% $, * <&$F<% /$;$,$0& 0( '.% 60)+/ $&'0 -$&/5$&/%2%&/%&' #*'%80)$%,= S&

,<#. * ;$%6? '.% 9$&/ ,')<#'<)% 0( '.% 60)+/ -$8.' $&#+</% #+<,'%) 9$&/, J'.0,% 6.0,% -%-:%), +*#9

*&3'.$&8 )%,%-:+$&8 %,,%&#%,? :<' $&,'%*/ 20,,%,, ,<(($#$%&'+3 -*&3 0( ,0-% ,%' 0( 2)02%)'$%,L? 0)

9$&/, 6$'. ;*8<% :0<&/*)$%, J,0-% 0( 6.0,% -%-:%), *)% :0)/%)+$&% #*,%,L? *&/ &%;%)'.%+%,,

*/-$' 0( '.% ,0)' 0( <&$F<%&%,, 0( 8%&%)*+ '*40&0-$# ()*-%60)9 '.*' )%*+$,- *++%8%/+3 )%F<$)%,= @&

'.$, )%,2%#'? >O $, %#<-%&$#*+=

]0&,%F<%&'+3? '.% '%&*:$+$'3 0( >O $, &0' ,')$#'+3 #0))%+*'%/ 6$'. '.*' 0( *& %,,%&'$*+$,'

<&/%),'*&/$&8 0( 9$&/,? 6.$#. -*&3 2.$+0,02.%), '0/*3 )%8*)/ *, 0<'-0/%/=W &'()* ,*-("?

.06%;%)? >O $, 0<'-0/%/ &0&%'.%+%,, $& +$8.' 0( '.% -0/%)& ,#$%&#%,? $& '.% ,%&,% '.*' &0' *++

#+*,,$($#*'0)3 2)*#'$#%, $& '.%,% ($%+/, )%,2%#' '.% &0'$0& '.*' '.%)% $, * <&$F<% /$;$,$0& 0( &*'<)%

$&'0 9$&/,= @&/%%/? '.%3 0('%& %-2+03 *&/ DF<*&'$(3 0;%)E #*'%80)$%, :%+0&8$&8 '0 ,3,'%-, 0(

#+*,,$($#*'$0& '.*' #*);% &*'<)% $& ,<#. * 6*3 '.*' '.% #*'%80)$%, 0( 0&% #*&&0' :% -*22%/ 0&'0

'.0,% 0( *&0'.%) $& * ,')<#'<)%52)%,%);$&8 -*&&%)= >.% -0,' ')*&,2*)%&' %4*-2+% 0( '.$, #0-%,

()0- *''%-2', '0 #0/$(3 '.% ,2%#$%, #0&#%2' $& :$0+083? 6.%)% *' +%*,' (0<) /$,'$&#' (*-$+$%, 0(

*22)0*#. ,%);% /$((%)%&' ,#$%&'$($# %&/,= >.% 2.%&%'$# ,2%#$%, #0&#%2' 8)0<2, 0)8*&$,-, *##0)/$&8

'0 /%8)%%, 0( ,$-$+*)$'3 0( 2.%&0'32$# ')*$',? 6.$+% '.% $&'%):)%%/$&8 ,2%#$%, #0&#%2' /$,'$&8<$,.%,

8)0<2, *##0)/$&8 '0 '.% )%2)0/<#'$;% :0<&/*)$%, 0( *#'<*++3 0) 20'%&'$*++3 ,<##%,,(<+ $&'%):)%%/$&8

202<+*'$0&,= >.% -%-:%), 0( %#0+08$#*+ ,2%#$%, ,.*)% * 2*)'$#<+*) %#0+08$#*+ )0+% 0) &$#.%? *&/

2.3+08%&%'$# ,2%#$%, *)% .$,'0)$#*+ +$&%*8%, 0( 0)8*&$,-, 6.0,% :0<&/*)$%, *)% -*)9%/ :3

,2%#$*'$0& *&/ %4'$&#'$0&= >.% *22+$#*'$0& 0( '.%,% /$((%)%&' #0&#%2', 2)0/<#% /$((%)%&' '*40&0-$#

,')<#'<)%,? *&/ $' $, 6$/%+3 *##%2'%/ '.*' '.% *22+$#*'$0& 0( /$((%)%&' #+*,,$($#*'0)3 2)$&#$2+%, $&

/$((%)%&' #0&'%4', 0( :$0+08$#*+ $&;%,'$8*'$0& *&/ %42+*&*'$0& $, %&'$)%+3 +%8$'$-*'% ()0- * ,#$%&'$($#

20$&' 0( ;$%6=M

>.0<8. >O -*3 *22%*) 0<'-0/%/ $& '.% ,#$%&#%, 8%&%)*++3? '.%)% *)% *' +%*,' '60 6*3, $&

6.$#. 0&% -$8.' )%,$,' '.% (<)'.%) $-2+$#*'$0& '.*' >O $, (*+,%= ^%$'.%) ,')*'%83 0( )%,$,'*&#%? @

:%+$%;%? $, #0-2%++$&8= >.% ($),' $, '0 *22%*+ '0 ,0-% (0)- 0( )%/<#'$0&$,-1 $( >O $, * 2)0:+%-*'$#

/0#')$&% $& '.% #0&'%4' 0( :$0+083? '.%& ,0 -<#. '.% 60),% (0) :$0+083_ @( :$0+08$#*+ '*4* *)% '.%

W "%% ].*9)*;*)''3 M`à? #.*2'%) b? (0) /$,#<,,$0& *&/ )%(%)%&#%, $& )%+*'$0& '0 '.$, #0&'%&'$0&=M U0) * ,*-2+% 0( '.$, #0&,%&,<,? ,%% c$'#.%) WXdR? e<2)f WXXP? "'*&(0)/ WXXg? h)%,.%(,93 WXXd? *&/ S9*,.*

M``M=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

g

2*)*/$8-*'$# 9$&/, 0( *&#$%&' 2.$+0,02.3? ,<)%+3 #.%-$,')3 *&/ 2.3,$#, /%,#)$:% '.% 2*)*/$8-*'$#

9$&/, 0( '0/*3= >.%,% -0)% D(<&/*-%&'*+E ,#$%&#%,? ,0 '.% *)8<-%&' 80%,? (<)&$,. %-$&%&'+3

2+*<,$:+% %4*-2+%, 0( 9$&/, 6$'. 6.$#. '0 202<+*'% '.% ,')<#'<)% 0( >O7 %;%)3'.$&8 %+,%? $&#+</$&8

:$0+083? $, <+'$-*'%+3 )%/<#$:+% $& ,0-% 6*3 '0 '.%,% -0)% (<&/*-%&'*+ ($%+/,= >.$, )%,20&,%?

.06%;%)? $, /<:$0<, 0& ,%;%)*+ ()0&',= >.% ;*8<% *,,%)'$0& '.*' %;%)3'.$&8 $, D)%/<#$:+%E )%-*$&,?

/%,2$'% #0&,$/%)*:+% /08-*'$,-? +$''+% -0)% '.*& * 2)0-$,,0)3 &0'%= i$,$0&, 0( '.% 20,,$:$+$'3 0( '.%

)%/<#'$0& 0( '.% ,0#$*+ ,#$%&#%, '0 :$0+083? :$0+083 '0 #.%-$,')3? *&/ #.%-$,')3 '0 2.3,$#, $&,2$)%/

:3 S22%&.%$- *&/ T<'&*-I, JWXgdL $&;%)'%/ 23)*-$/ .*;% &0' :%%& ,<:,'*&'$*'%/= >.%,% /$((%)%&'

/0-*$&, 0( $&F<$)3 *,9 /$((%)%&' F<%,'$0&, )%8*)/$&8 /$((%)%&' %&'$'$%, *&/ 2)0#%,,%,? *&/ '.%)% &0

%;$/%&#% '0 ,<88%,' '.*' (*#', *' D.$8.%)E +%;%+, 0( /%,#)$2'$0& *)% 8%&%)*++3 *&/ $& 2)$&#$2+% #*2*:+%

0( :%$&8 %42)%,,%/ $& '%)-, 0( (*#', *:0<' %&'$'$%, *&/ 2)0#%,,%, *' D+06%)E +%;%+,=P

S( #0<),%? *& *:,%&#% 0( %;$/%&#% (0) '.% 2+*<,$:$+$'3 0( ,#$%&'$($# )%/<#'$0&$,- -*3 &0' :3

$',%+( ,2%++ '.% /%*'. 0( >O? :<' #0&,$/%) '.% (0++06$&8= h;%& $( '.% )%/<#'$0& 0( *++ 0'.%) ,#$%&'$($#

(*#', '0 (*#', *:0<' 9$&/, $& #.%-$,')3 *&/ 2.3,$#, ."'" 20,,$:+% $& 2)$&#$2+%? ,$8&$($#*&' 2)0:+%-,

60<+/ )%-*$& (0) >O= >.% ($),' $, '.*' $' $, &0' * (0)%80&% #0&#+<,$0& '.*' '.% ,<:B%#' -*''%), 0(

#.%-$,')3 *&/ 2.3,$#, #0<+/ &0' *+,0 */-$' 0( *+'%)&*'$;% 9$&/ ,')<#'<)%,? B<,' *, $& '.% #*,% 0(

:$0+083= @&/%%/? *''%&'$0& '0 '.% /%'*$+, 0( #+*,,$($#*'0)3 2)*#'$#% $& '.%,% /0-*$&, )%;%*+, &0

*)8<-%&' (0) <&$F<%&%,, #"' /"= U0) %4*-2+%? )%#%&' /$,#<,,$0&, 0( '.% '*40&0-$# #.*++%&8%, (*#$&8

'.% #+*,,$($#*'$0& 0( %&*&'$0-%), J2*$), 0( -0+%#<+%, 20,,%,,$&8 -$))0) $-*8% ,')<#'<)%,L $&

#.%-$,')3 ,<88%,' '.*' /$((%)%&' #+*,,$($#*'$0&, *)% +$9%+3 6*))*&'%/ $& /$((%)%&' #.%-$#*+ #0&'%4',

J"+*'%) M``gL=R j&/0<:'%/+3? '.% #*,% (0) *+'%)&*'$;% #+*,,$($#*'0)3 ,#.%-%, $, -0,' #0&')0;%),$*+ $&

(<&/*-%&'*+ 2.3,$#, J,%% T$#9%)$&8 WXdR? #.*2'%) WR? (0) $&,'*&#%L? $& 2*)' :%#*<,% '.%)% *)% &0

)%*/3 *+'%)&*'$;%, '0 '.% "'*&/*)/ O0/%+? 6.$#. 3$%+/, * 2*)'$#<+*) '*40&0-3 0( ,<:*'0-$#

D2*)'$#+%,E= k*#9$&8 *& *+'%)&*'$;% 6$'. 6.$#. '0 #.*++%&8% 0<) $&'<$'$0&,? $' $, /$(($#<+' '0 9&06 .06

'0 *,,%,, '.% +$9%+$.00/ 0( '.%)% :%$&8 ,0-% /%%2 0&'0+08$#*+ (*#', '.*' 60<+/ -*9% '.$, 20,,$:$+$'3

-0)% 0) +%,, +$9%+3= >.% <2,.0' $, * /%8)%% 0( -%'*2.3,$#*+ <&#%)'*$&'3 *, '0 6.%'.%) '.%

(<&/*-%&'*+ 0&'0+08$#*+ #*'%80)$%, %&;$,$0&%/ :3 #0&'%-20)*)3 2.3,$#, #0<+/ :% 0'.%)6$,%=

G&0'.%) /$(($#<+'3 (*#$&8 '.% *22%*+ '0 )%/<#'$0&$,- $, '.*' %;%& $( )%/<#'$0& '0 * <&$F<%

2.3,$#*+ '*40&0-3 6%)% 20,,$:+% $& 2)$&#$2+%? $' 60<+/ :% $&,<(($#$%&' '0 )%&/%) >O 2+*<,$:+%= U0)

%;%& $( '.%)% $, 0&+3 0&% ,')<#'<)% 0( -$&/5$&/%2%&/%&'? (<&/*-%&'*+ 2.3,$#*+ %&'$'$%, *&/

P >.% $,,<% 0( )%/<#'$0&$,- %&#0-2*,,%, ,%;%)*+ /%:*'%, '0 6.$#. @ ,*/+3 #*&&0' /0 B<,'$#% .%)%= U0) *&

%42+0)*'$0& 0( * &<-:%) 0( /$((%)%&' ,#%2'$#*+ #.*++%&8%, '0 )%/<#'$0&$,-? ,%% Q*+$,0& l "'<-2 WXXb=R O0)% 8%&%)*++3? %&'$'$%, '.*' (0)- #*'%80)$%, 0( ,#$%&'$($# $&'%)%,' 0& '.% :*,$, 0( * ,.*)%/ (<&#'$0& 0)

(<&#'$0&, 20,% #.*++%&8%, '0 >O= "%% c.*+$/$ WXXP *&/ "+*'%) M``X=





*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

a

10)" ,0)' 0( 9&06+%/8% 0( -$&/5$&/%2%&/%&' %&'$'$%, *&/ 2)0#%,,%, $, $&'%8)*+ '0 )%*+$,-= @& '.%

6*9% 0( '.% )%B%#'$0& 0( >O? '.%&? '.%)% $, 0&+3 0&% 6*3 '0 801

>*40&0-$# T+<)*+$,- J>TL1

>.%)% $, -0)% '.*& 0&% ,')<#'<)% 0( -$&/5$&/%2%&/%&' %&'$'$%, *&/ 2)0#%,,%,=

PM *29<7>4D<;9 CD=74D<;I

>)*/$'$0&*++3? 2+<)*+$,- 6$'. )%,2%#' '0 #+*,,$($#*'$0& $, 2)%,%&'%/ *, '.% 2)%)08*'$;% 0(

;*)$0<, ,#.00+, 0( *&'$)%*+$,-? *&/ $' $, &0' /$(($#<+' '0 ,%% 6.3= S&#% ,#$%&#% $, #0&#%$;%/ *,

,0-%'.$&8 0'.%) '.*& *& $&;%,'$8*'$0& $&'0 D'.% 6*3 '.$&8, *)% -$&/5$&/%2%&/%&'+3E J'.% /%($&$'%

*)'$#+% .%)%? K'.%I? #0&&0'$&8 <&$F<%&%,,L? '.% -0,' +$9%+3 /%'%)-$&*&', 0( '.% .*2/ '.$&8, *)%? 0)

#0<+/ :%? 0) #0<+/ .*;% :%%&? *)% 8%&%)*++3 '*9%& '0 -$&/5!"#"$!"$% (%*'<)%, 0( '.% 60)+/1 .<-*&

#0&;%&'$0&,? /)$;%& :3 ,0-%'$-%, $))%#0&#$+*:+% $&'%)%,', $& /$((%)%&' #0&'%4',? $&#+</$&8 '.%

/%,$/%)*'* 0( $&/<#'$;% 8%&%)*+$Y*'$0&? 2)%/$#'$;% <'$+$'3? %42+*&*'0)3 ,*'$,(*#'$0&? *&/ ,0 0&= >.$,

)%#0<),% '0 #0&;%&'$0& $, '.% 2)$-*)3 ,2<) '0 *&'$)%*+$,' )%B%#'$0&, 0( '.% -%'*2.3,$#*+ /$-%&,$0&

0( )%*+$,-= >.% ,')0&8 $-2+$#$' J*&/ ,0-%'$-%, %42+$#$'L #0--$'-%&' 0( -*&3 )%*+$,', '0 * )%B%#'$0&

0( *&3 ,<#. )0+% (0) #0&;%&'$0& #)%*'%, '.% $-2)%,,$0& '.*' 2+<)*+$,- $, 0( &%#%,,$'3 $&#0-2*'$:+%

6$'. )%*+$,-? *&/ '.%)%:3? 0( &%#%,,$'3? *,,0#$*'%/ 6$'. ,0-% 0) 0'.%) (0)- 0( *&'$)%*+$,-= j&+%,,

'.$, ,'*'% 0( *((*$), #*& :% <&/%)-$&%/? '.% 2)0,2%#', (0) >T ,%%- 200)= U0) *, '.$&8, #<))%&'+3

,'*&/? 0&% $, +%(' 6$'. * #.0$#% :%'6%%& (0)-, 2+<)*+$,- '.*' -*3 )%,2%#' '.% '*40&0-$# 2)*#'$#%, 0(

-0/%)& ,#$%&#%? :<' +%*;% &0 )00- (0) -$&/ $&/%2%&/%&#% *, )%F<$)%/ :3 )%*+$,-=

]0&,$/%)? (0) %4*-2+%? '.% $/%* 0( #0&;%&'$0&*+$,- $& %*)+3 '6%&'$%'.5#%&'<)3 2.$+0,02.3 0(

,#$%&#%= >.% #0&;%&'$0&*+$,' *:0<' '.% 8%0-%')3 0( ,2*#%'$-% .0+/, '.*' '.%)% $, &0 (*#' 0( '.%

-*''%)? &0 6*3 ,2*#%'$-% 8%0-%')3 $,? *2*)' ()0- '.% 6*3, 0&% -$8.' /%#$/% '0 ')%*' 2.3,$#*+

/%,#)$2'$0&, 0( ,2*'$*+? '%-20)*+? *&/ ,2*'$0'%-20)*+ -%*,<)%, $& -*'.%-*'$#*+ '%)-,= >.%,%

/%,#)$2'$0&, #*&&0' :% ;$%6%/ *, )%(+%#'$&8 -$&/5$&/%2%&/%&' (*#', *:0<' ,2*#%'$-% 8%0-%')3? (0)

'.%3 *)% #.0,%& 0& '.% :*,$, 0( * 2)*8-*'$# *,,%,,-%&' 0( 6.*' :%,' ,%);%, 0<) %&/, $& /%,#)$:$&8

'.% 2.%&0-%&* *&/ &0'.$&8 -0)%= >.% +08$#*+ %-2$)$#$,' #+*$-, '.*' ,#$%&'$,', */02' * +$&8<$,'$#

()*-%60)9 6$'.$& 6.$#. /%,#)$2'$0&, 0( %&'$'$%, *&/ 2)0#%,,%, #*& :% (0)-<+*'%/? :<' '.% */02'$0&

0( * ()*-%60)9 $, 0&#% *8*$& * -*''%) 0( #0&;%&'$0& ,<:B%#' '0 2)*8-*'$# #.0$#%? *&/ F<%,'$0&,

%4'%)&*+ '0 * ()*-%60)9? '0 <,% ]*)&*2I, JWXg`L $/$0-? #0&#%)&$&8 6.%'.%) ,<#. %&'$'$%, *&/

2)0#%,,%, %4$,' $&/%2%&/%&'+3 0( $'? .*;% &0 ,%&,% *' *++= ^%05c*&'$*& *22)0*#.%, '0 ,#$%&'$($#



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

d

9&06+%/8% -0)% 8%&%)*++3 ,.*)% '.$, (%*'<)%= >.% 80;%)&$&8 2*)*/$8-, '.*' (0)- '.% ,.*)%/

#0--$'-%&', 0( -%-:%), 0( ,#$%&'$($# #0--<&$'$%, 0& c<.&I, JWXa`nWXbML ;$%6? (0) $&,'*&#%? *)%

#0&,'$'<'$;% 0( *&3 '*+9 0( 0&'0+083? *&/ '.% "')0&8 T)08)*- $& '.% ,0#$0+083 0( ,#$%&'$($# 9&06+%/8%

'*9%, * ,$-$+*) 20,$'$0& 6$'. )%,2%#' '0 '.% )0+% 0( ,0#$*+ 2)*#'$#%, *&/ $&,'$'<'$0&, $& #+*,,$($#*'$0&

J,%% m*)&%,? m+00)? l V%&)3 WXXb? #.= PL= T<'&*-I, JWXdWL D$&'%)&*+ )%*+$,-E $, 3%' *&0'.%) ;*)$*'$0&

0& '.$, &%05c*&'$*& '.%-%=

>.%)% $, * #0--0& /%&0-$&*'0) ,.*)%/ :3 '.%,% *&'$)%*+$,' )%B%#'$0&, 0( >T '.*' -*3 2)0;%

$&,')<#'$;% (0) '.% '*,9 0( -0;$&8 )%*+$,- (0)6*)/= ^0' 0&+3 #*& %*#. :% $&'%)2)%'%/ *,

#0<&'%&*&#$&8 '.% 2)0,2%#' 0( -0)% '.*& 0&% ,')<#'<)% 0( %&'$'$%, *&/ 2)0#%,,%, J'.<, ;$0+*'$&8

>OL A ;$* /$((%)%&' #0&;%&'$0&,? +$&8<$,'$# ()*-%60)9,? 2*)*/$8-,? *&/ ,0 0& A :<' #)<#$*++3? %*#.

'*9%, ,<:,'*&'$;%? .<-*&? #0&#%2'<*+ #0&')$:<'$0&, '0 :% J$& 2*)'L #0&,'$'<'$;% 0( 9$&/ ,')<#'<)% $&

* ;%)3 2*)'$#<+*) *&/ ,$8&$($#*&' -*&&%)= S& %*#. 0( '.%,% ;$%6,? '.% ;%)3 &0'$0& 0( %4')$#*'$&8

-$&/5$&/%2%&/%&' #0&'%&' ()0- '.%0)%'$#*+ /%,#)$2'$0&, $, $&#0.%)%&'? :%#*<,% '.% )%+%;*&'

#0&;%&'$0&, *)% $&%4')$#*:+3 (<,%/ 6$'. '.% #0&'%&' 0( '.%,% /%,#)$2'$0&,= c*&'I, #)$'$#*+ 2.$+0,02.3

$, '.% 2)$-0)/$*+ %4%-2+*)1 .$, ]02%)&$#*& )%;0+<'$0& *$-, '0 (<,% %2$,'%-0+083 J0<) 6*3, 0(

9&06$&8L 6$'. 0&'0+083 J6.*'I, D0<' '.%)%EL $& ,<#. * 6*3 *, '0 0;%)#0-% '.% ,#%2'$#$,- .% ,*6 *,

*& $&%;$'*:+% #0&,%F<%&#% 0( 2)$0) )*'$0&*+$,- *&/ %-2$)$#$,-= T.$+0,02.$#*+ )%(+%#'$0& .%)% -*3

3$%+/ $&,$8.' $&'0 '.% &*'<)% 0( 0<) (0)-, 0( $&'<$'$0& *&/ #*'%80)$%, 0( <&/%),'*&/$&8? :<' $' #*&&0'

3$%+/ $&,$8.' $&'0 '.% 60)+/ *2*)' ()0- '.%,% 6*3, 0( 9&06$&8= J]0&,$/%) *& *&*+0831 -0,'

0)8*&$,-*+ ')*$', *)% B0$&' 2)0/<#', 0( 2)0#%,,%, $&;0+;$&8 8%&%'$#? /%;%+02-%&'*+? *&/

%&;$)0&-%&'*+ $&2<',7 $' $, &0' 8%&%)*++3 20,,$:+% '0 /%#0-20,% ')*$', $&'0 #0-20&%&', #*<,%/

%4#+<,$;%+3 :3 0&% $&2<' 0) *&0'.%)=L >.% -$4 $, $&%4')$#*:+%=

>.$, #0--0& /%&0-$&*'0) 0( $&%4')$#*:$+$'3 %42+*$&, 6.3 2+<)*+$,- *:0<' #+*,,$($#*'$0& .*,

:%%&? ')*/$'$0&*++3? '.% 2)%)08*'$;% 0( *&'$)%*+$,-= >0 2<' $' #)</%+3? ()0- * 2%),2%#'$;% ,.*)%/ :3

-*&3 (0)-, 0( *&'$)%*+$,-? $' $, 3"-*4/" '.% -$4 $, $&%4')$#*:+% '.*' 0&% #*&&0' )%*,0&*:+3 *,2$)%? *,

'.% )%*+$,' /0%,? '0 * 9&06+%/8% 0( -$&/5$&/%2%&/%&' %&'$'$%, *&/ 2)0#%,,%,= G&/ .%)%? @ :%+$%;%?

+$%, '.% 9%3 '0 * )%*+$,' *##0<&' 0( #+*,,$($#*'0)3 2+<)*+$,-= G& %+%-%&' 0( .<-*& #0&;%&'$0& $, *&

$&%,#*2*:+% (%*'<)% 0( ,#$%&'$($# #+*,,$($#*'$0&7 '.*' 6*, '.% -0)*+ 0( ,%#'$0& M= m<' 6.*' $( $' 6%)%

20,,$:+% '0 /%#0-20,% * 8$;%& ,')<#'<)% 0( %&'$'$%, *&/ 2)0#%,,%, $&'0 #0-20&%&', $& ,<#. * 6*3 *,

'0 -*9% 2+*$& 6.$#. *)% -$&/5$&/%2%&/%&'? *&/ 6.$#. *)% 2)0/<#', 0( #0&;%&'$0&H @( ,<#. * '.$&8

6%)% 20,,$:+%? '.% )%*+$,' 60<+/ '.%& :% $& * 20,$'$0& '0 #0&#%/% '.% )0+% 2+*3%/ :3 #0&;%&'$0& $&

(0)-<+*'$&8 ,#$%&'$($# /%,#)$2'$0&, 0( %&'$'$%, *&/ 2)0#%,,%, 0& '.% 0&% .*&/? '.<, */-$''$&8

2+<)*+$,-? :<' '*9% * )%*+$,' *''$'</% '06*)/ '.% )%+%;*&' -$&/5$&/%2%&/%&' #0-20&%&', 0( '.%



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

X

,')<#'<)% 0& '.% 0'.%)= @' $, 2)%#$,%+3 '.$, ,0)' 0( .*;$&8 0&%I, #*9% *&/ %*'$&8 $' '00 '.*' $, 9%3 '0

,*'$,(3$&8 >T= @&/%%/? $' $, /$(($#<+' '0 $-*8$&% .06 0&% #0<+/ %,#*2% '.% *&'$)%*+$,' -0)*,, 0(

$&%4')$#*:$+$'3 0'.%)6$,%= m<' $, ,<#. * '.$&8 20,,$:+%H

>.0<8. $' (0)-, &0 2*)' 0( '.% -0'$;*'$0& (0) '.% ;$%6? 0&% )%#%&'? 2<'*'$;% (0)-<+*'$0& 0(

)%*+$,- -$8.' :% $&'%)2)%'%/ ,0 *, '0 (<)&$,. * /%#0-20,$'$0& $&'0 #0&;%&'$0&*+ *&/ -$&/5

$&/%2%&/%&' %+%-%&', 0( '.% ,0)' )%F<$)%/ :3 >T= >.% $&&0;*'$0& $&')0/<#%/ :3 '.$, ;$%6 $, '0 +$-$'

'.% )%*+$,'I, %2$,'%-$# #0--$'-%&' )%8*)/$&8 <&0:,%);*:+% %&'$'$%, '0 * :%+$%( $& '.% -%)%

%4$,'%&#% 0( ,<#. %&'$'$%, 8%&%)*++3 J*, 0220,%/ '0 *&3 -0)% ,2%#$($# 9&06+%/8% )%8*)/$&8

2*)'$#<+*) <&0:,%);*:+%, *&/ '.%$) ($),' 0)/%) 2)02%)'$%,L? '.%)%:3 )%B%#'$&8 '.% &0'$0& 0(

/%'%)-$&*'% )%(%)%&#% '0 *&3 2*)'$#<+*) <&0:,%);*:+% %&'$'$%,=g ]0&,$/%) * ,#$%&'$($# '.%0)3? >J><?

>0L? 6.%)% K><I )%2)%,%&', '.% '%)-, 0( '.% '.%0)3 '.*' 2<'*'$;%+3 )%(%) '0 <&0:,%);*:+% %&'$'$%,? *&/

K>0I )%2)%,%&', '.% '%)-, '.*' 2<'*'$;%+3 )%(%) '0 0:,%);*:+%,= >.% N*-,%3 ,%&'%&#% 0( '.% '.%0)3?

NJ>L? $, (0)-%/ :3 )%2+*#$&8 *++ <&0:,%);*:+% '%)-, 6$'. %4$,'%&'$*++3 F<*&'$($%/ 2)%/$#*'%

;*)$*:+%,? 5 W? 5 M?\ 5 &? ,0 '.*' NJ>L p ! 5 W! 5 M\! 5 &>J 5 W? 5 M?\ 5 &? >0L= G& %&'$'3 6.0,% 2+*#% $, .%+/ :3 *

;*)$*:+% $& NJ>L $, D6.*'%;%) $' $,E '.*' ,*'$,($%, '.% )%+*'$0&, '.%)% ,2%#$($%/= NJ>L $, '.<,

$&/%'%)-$&*'% 6$'. )%,2%#' '0 )%(%)%&#% #0&#%)&$&8 '.% <&0:,%);*:+%= C.%)% > -*9%, ,2%#$($#

#+*$-, )%8*)/$&8 <&0:,%);*:+% %&'$'$%, J(0) %4*-2+%? K%+%#')0&, .*;% &%8*'$;% #.*)8%IL? NJ>L -%)%+3

*,,%)', '.*' '.%)% %4$,' ,0-% %&'$'$%, JK,0-%'.$&8 .*, ,0-%'.$&8IL ,<#. '.*' '.% 0:,%);*:+%

#0&,%F<%&#%, 0( > *)% ')<%= S& '.$, 2<'*'$;% (0)-<+*'$0& 0( )%*+$,-? 0&% #0--$', 0&+3 '0 '.% ')<'.

0( NJ>L=

G/-$''%/+3? '.$, ,0)' 0( N*-,%3 ,%&'%&#% )%*+$,- $, * )%*+$,- 0( ,0)', A $' /0%, #0--$' '0 '.%

%4$,'%&#% 0( <&0:,%);*:+% %&'$'$%,= U<)'.%)-0)% *&/ 0( 8%&<$&% $&'%)%,' 2)%,%&'+3? $' #*& :%

<&/%),'00/ *, * -%*&, 0( ,*'$,(3$&8 >T? :%#*<,% *&3 '60 /$,'$&#' '.%0)$%,? > *&/ >q? '.*' .*;% *++ '.%

,*-% 0:,%);*:+% #0&,%F<%&#%, J'.*' $,? *&3 '60 '.%0)$%, '.*' /$((%) 0&+3 6$'. )%,2%#' '0 6.*' '.%3

,'*'% )%8*)/$&8 '.% <&0:,%);*:+%L *)% '.%0)%'$#*++3 %F<$;*+%&' ,0 (*) *, '.% N*-,%3 ,%&'%&#% )%*+$,'

$, #0&#%)&%/= >.$, $, * #0&,%F<%&#% 0( '.% (*#' '.*' *&3 '60 0:,%);*'$0&*++3 %F<$;*+%&' N*-,%3

,%&'%&#%, *)% #0&,$,'%&' 6$'. 0&% *&0'.%)=b G&/ ,0? 0& '.% ;$%6 '.*' 0&% ,.0<+/ #0--$' 0&+3 '0 '.%

')<'. 0( N*-,%3 ,%&'%&#%,? '.%0)%'$#*+ %F<$;*+%&#% $, %((%#'$;%+3 )%/<#%/ '0 0:,%);*'$0&*+

%F<$;*+%&#%= >0 2<' $' *&0'.%) 6*3? 0& '.$, ;$%6? *&3 '60 '.%0)$%, '.*' /$((%) 6$'. )%,2%#' '0 6.*'

'.%3 *,,%)' )%8*)/$&8 '.% <&0:,%);*:+% :<' ,.*)% *++ '.% ,*-% 0:,%);*:+% #0&,%F<%&#%, *)%

%F<$;*+%&'? 2)02%)+3 #0&,')<%/? $& '.% ,%&,% '.*' '.%)% $, &0 /$((%)%&#% :%'6%%& '.%- ,0 (*) *,

g >.$, $, )%*++3 * (*-$+3 0( ;$%6,1 ,%% ])<,% l T*2$&%*< M``M7 C0))*++ M`à7 *&/ T*2$&%*< M`W`= U0) *

(0)%)<&&%) 0( '.% *22)0*#.? :<' #0<#.%/ $& )*'.%) /$((%)%&' '%)-,? ,%% V*)/$& l N0,%&:%)8 WXdM=b U0) * (0)-*+ 2)00(? ,%% h&8+$,. WXaP=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

W`

0&'0+083 $, #0&#%)&%/= ^06? *,,<-% '.*' :0'. '.% 0:,%);*:+% *&/ <&0:,%);*:+% %&'$'$%, *&/

2)0#%,,%, /%,#)$:%/ :3 NJ>L *&/ NJ>qL *)% -$&/5$&/%2%&/%&'= e$((%)%&' #0&;%&'$0&, 6$'. )%,2%#' '0

'.% 0&'0+083 0( <&0:,%);*:+% %&'$'$%, *&/ 2)0#%,,%, r +* > *&/ >q *)% 20,,$:+%= ])<#$*++3? .06%;%)?

*&3 #.0$#% :%'6%%& '.%,% /$((%)%&' #0&;%&'$0&, #*& :% &0'.$&8 0'.%) '.*& 2)*8-*'$#? :%#*<,% > *&/

>q *)%? 0& '.% N*-,%3 ,%&'%&#% ;$%6? %F<$;*+%&' '0 0&% *&0'.%)=

N*-,%3 ,%&'%&#% )%*+$,- #*& '.<, :% $&'%)2)%'%/ *, ,*'$,(3$&8 >T= @' $, &0 /0<:' *:<&/*&'+3

#+%*)? '.0<8.? '.*' *, * (0)- 0( )%*+$,-? '.% 20,$'$0& $, %4')*0)/$&*)$+3 6%*9= @' $, ,0 6%*9? $& (*#'?

'.*' $' ,%%-, :0'. )%*,0&*:+% *&/ $-20)'*&' '0 /$,'$&8<$,. :%'6%%& N*-,%3 ,%&'%&#% )%*+$,- A *

)%*+$,- -%)%+3 6$'. )%,2%#' '0 '.% %4$,'%&#% 0( <&0:,%);*:+% %&'$'$%, *&/ 2)0#%,,%, 0( ,0-% 9$&/ 0)

0'.%) :<' 0'.%)6$,% %&'$)%+3 <&,2%#$($%/ A *&/ ,#$%&'$($# )%*+$,-? 6.$#. $&#0)20)*'%, * #0--$'-%&'

'0 ,0-% -0)% ,<:,'*&'$;% 9&06+%/8% 0( '.% )%+%;*&' %&'$'$%, *&/ 2)0#%,,%, *&/ 6.*' '.%3 *)% +$9%=

@' $, $& '%)-, 0( '.$, +*''%) #0--$'-%&' '.*' )%*+$,- $& '.% #0&'%4' 0( ,#$%&'$($# 9&06+%/8% $,

'32$#*++3 #0&#%$;%/? *&/ 6$'. 800/ )%*,0&= U0) *)8<*:+3? *&3 20,$'$0& $, )%&/%)%/ &%*)+3 %-2'3 64*

'"*7(/) $( $' $, #0-2*'$:+% 6$'. '.% ;$%6 '.*' * ,#$%&'$($# '.%0)3 $, ')<% -%)%+3 $& ;$)'<% 0( '.%)%

:%$&8 /0)" <&0:,%);*:+%, ,<#. '.*' '.% 0:,%);*:+% #0&,%F<%&#%, 0( '.% '.%0)3 *)% ')<%= @ ,<:-$'

'.*' $( '.%)% $, '0 :% *& *##0<&' 0( >T '.*' $, #0-2*'$:+% 6$'. )%*+$,-? $' ,.0<+/ 3$%+/ -0)%

,<:,'*&'$;% 9&06+%/8% 0( '.% <&0:,%);*:+%= @& '.% &%4' *&/ ($&*+ ,%#'$0&? @ 2)020,% *& *&*+3,$, 0(

>T ()0- '.% 2%),2%#'$;% 0( * ,$8&$($#*&'+3 -0)% )0:<,' J*&/ )%,<+'*&'+3? -0)% 2+*<,$:+%L

<&/%),'*&/$&8 0( )%*+$,-=

QM )>4D<;9 CD=74D<;I

QML !@F<4K<D<9:RK4;>B ED=74D<;I

V06? '.%&? #*& '.% )%*+$,' .*;% .%) #*9% *&/ %*' $' '00H @ 6$++ ,<88%,' $& 6.*' (0++06, '.*' '.%

#0-:$&*'$0& 0( )%*+$,- *&/ 2+<)*+$,- /%,#)$:%/ :3 >T #*& :% <&/%),'00/ $& *' +%*,' '.)%% /$((%)%&'?

-<'<*++3 #0-2*'$:+% 6*3,= @' 60<+/ ,%%- '.*' ,0-% ;%),$0& 0( '.% ($),' 0( '.%,% '.%,%,? 6.$#. @ 6$++

+*:%+ K,0#$*:$+$'35:*,%/ 2+<)*+$,-I? $, * )%F<$)%-%&' $( >T $, '0 :% '%&*:+%= >.% +*''%) '60? 6.$#. @ 6$++

+*:%+ K-%'*2.3,$#*+ &*'<)%5:*,%/I *&/ K-*&$(%,'*'$0&5:*,%/I 2+<)*+$,-? $&;0+;% (<)'.%)

#0--$'-%&', 6.$#. '.% )%*+$,' &%%/ &0' -*9%= @ ,<,2%#' '.*' *' +%*,' ,0-% )%*+$,', 6$++ ($&/ '.%,%

+*''%) '60 '.%,%, '%-2'$&8 &0&%'.%+%,,? .06%;%)? (0) '.% %42+*&*'0)3 ;*+<% '.%$) (<)'.%)

#0--$'-%&', 3$%+/= m<' '0 :%8$&? +%' <, #0&,$/%) '.% &0'$0& 0( ,0#$*:$+$'3=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

WW

S&% )0<'% '0 '.% )%B%#'$0& 0( &*'<)*+ 9$&/, *, #0&#%$;%/ $& *&#$%&' *&/ ,#.0+*,'$# 2.$+0,02.3

$, (<)&$,.%/ :3 &0-$&*+$,-? ')*/$'$0&*++3 *,,0#$*'%/ 6$'. '.% ;$%6 '.*' '.% 0&+3 '.$&8, '.*' %4$,' *)%

#0&#)%'% 2*)'$#<+*),= >.% &0-$&*+$,' #0&'%&/, '.*' '.%)% *)% &0 <&$;%),*+, 0) *:,')*#' 0:B%#', -0)%

8%&%)*++3= T)%/$#*'%, 0,'%&,$:+3 *,,0#$*'%/ 6$'. ,<#. '.$&8, *)%? 0& '.$, ;$%6? -%)%+3 &*-%, (0)

#+*,,%, 0( 2*)'$#<+*),= >.<,? $( &*'<)*+ 9$&/, *)% #0&#%$;%/ *, <&$;%),*+, A *:,')*#' %&'$'$%,

$&,'*&'$*'%/ 0) %4%-2+$($%/ :3 #%)'*$& 2*)'$#<+*), J'.% -%-:%), 0( '.% )%+%;*&' 9$&/,L A &0-$&*+$,-

$, #+%*)+3 $&#0-2*'$:+% 6$'. *& 0&'0+083 0( &*'<)*+ 9$&/,= >.% ,$-$+*)$'3 )%+*'$0&,.$2, $& ;$)'<% 0(

6.$#. 0&% 8)0<2, 2*)'$#<+*), $&'0 $0)($*7 9$&/, *)% ,%+%#'%/? #+*$-, '.% &0-$&*+$,'? :3 .<-*&

#0&;%&'$0&? *&/ 6.$+% ,<#. 8)0<2$&8, *)% <,%(<+ $& ;*)$0<, 6*3, J$& (*#$+$'*'$&8 ,#$%&'$($# 2)%/$#'$0&

*&/ %42+*&*'$0&? (0) %4*-2+%L? '.%3 ,.0<+/ &0' :% )%$($%/ 0) .%+/ '0 %4$,' ,0-%.06 *2*)' ()0- '.%

*,,0#$*'%/ #0&;%&'$0&,= G&3 ;%),$0& 0( &0-$&*+$,- '.*' $, #0&,$,'%&' 6$'. '.% -$&/5$&/%2%&/%&'

%4$,'%&#% 0( #0&#)%'% 2*)'$#<+*),? *&/ '.*' *//, '0 '.$, '.% &0'$0& '.*' *+'%)&*'$;% #0&;%&'$0&*+

8)0<2$&8, 0( 2*)'$#<+*), *)% 20,,$:+%? '.%)%:3 *22)0*#.%, '.% &%$8.:0<).00/ 0( >T= @' &%;%)'.%+%,,

(*$+, '0 ,*'$,(3 >T? 0( #0<),%? :%#*<,% '.% 20,,$:+% ,')<#'<)%, 0( -$&/5$&/%2%&/%&' %&'$'$%, *&/

2)0#%,,%, $' */-$', *)% &0' '.%-,%+;%, -$&/5$&/%2%&/%&'=

>.% (*$+<)% 0( &0-$&*+$,- .%)% $& #0&&%#'$0& 6$'. >T $, $&,')<#'$;%1 $' (0#<,%, *''%&'$0& 0&

'.% F<%,'$0& 0( .06 2)%#$,%+3 '.% )%*+$,' ,.0<+/ *''%-2' '0 )%*+$Y% '.% /%,$/%)*'<- 0( %4')$#*'$&8

9&06+%/8% 0( -$&/5$&/%2%&/%&' *,2%#', 0( '.% 60)+/ ()0- (*#', %42)%,,%/ :3 -%*&, 0( .<-*&

#0&;%&'$0& $& '*40&0-3= @& $', $/%&'$($#*'$0& 0( -$&/5$&/%2%&/%&' #0&'%&' 6$'. '.% %4$,'%&#% 0(

2*)'$#<+*),? '.% &0-$&*+$,' 20,$'$0& B<,' 0<'+$&%/ /0%, &0' *#.$%;% '.$, ,%2*)*'$0& $& F<$'% '.% )$8.'

6*3 (0) '.% )%*+$,'7 '.% ,')<#'<)%, 0( 9$&/, 0( 2*)'$#<+*), $' */-$', *)% &0' -$&/5$&/%2%&/%&'= m<'

6.*' $( 0&% 6%)% '0 $/%&'$(3 '.% -$&/5$&/%2%&/%&' #0&'%&' 0( ,#$%&'$($# /%,#)$2'$0&, &0' 6$'.

2*)'$#<+*), #"' /"? :<' )*'.%) 6$'. '.0,% #'0#"'%("/ '.*' *)% #0--0&+3 *'')$:<'%/ '0 2*)'$#<+*), $&

,<#. /%,#)$2'$0&,H >.$,? @ ,<88%,'? *&/ *, @ ,.*++ &06 *)8<%? $, '.% 9%3 '0 * )%*+$,' ;%),$0& 0( >T=

@' $, 2%).*2, 0:;$0<, '.*' '.% ,#$%&#%, *)% &0' 2)$-*)$+3 $& '.% :<,$&%,, 0( 8%&%)*'$&8

9&06+%/8% #0&#%)&$&8 2*)'$#<+*),= >.*' $, &0' '0 ,*3? 0( #0<),%? '.*' ,#$%&'$($# 9&06+%/8% $, &0'

*22+$#*:+% '0 2*)'$#<+*),? ,$&#% 0('%&? 6.*' 0&% $, -0,' $&'%)%,'%/ $& /0$&8 $& ,#$%&'$($# #0&'%4', $, '0

$&;%,'$8*'% 0) -*&$2<+*'% * 2*)'$#<+*) $&,'*&#% 0( ,0-% 9$&/ 0( %&'$'3 0) 2)0#%,,= N*'.%)? $' $, '0 ,*3

'.*' ,<#. 9&06+%/8% 8%&%)*++3 '*9%, '.% (0)- 0( * /%,#)$2'$0& 0( '.% 2)02%)'$%, '.*' 2*)'$#<+*), -*3

20,,%,,? *&/ '.% :%.*;$0<), '.%3 %4.$:$' *, * (<&#'$0& 0( .*;$&8 '.%,% 2)02%)'$%,? *, 0220,%/ '0

-0)% ,2%#$($# 9&06+%/8% #0&#%)&$&8 *&3 8$;%& 2*)'$#<+*) $& %2$,'%-$# $,0+*'$0&= >.<, 6% +%*)& '.*'

:0/$%, 6$'. #.*)8%? $& ;$)'<% 0( .*;$&8 '.$, 2)02%)'3? %4.$:$' #%)'*$& #.*)*#'%)$,'$# :%.*;$0<),

$&;0+;$&8 %+%#')0-*8&%'$# (0)#%,7 $& ;$)'<% 0( .*;$&8 '.% /$,20,$'$0& '0 /0&*'% * 2)0'0& 0) *##%2' *&



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

WM

%+%#')0& 2*$)? *#$/$# ,<:,'*&#%, %4.$:$' #%)'*$& #.*)*#'%)$,'$# :%.*;$0<), 6.%& :)0<8.' $&'0 #0&'*#'

6$'. *+9*+$&% ,<:,'*&#%,7 ')*$', 6$'.$& * 202<+*'$0& 0( 0)8*&$,-, 6$'. .$8. /%8)%%, 0( ($'&%,,? $&

;$)'<% 0( .*;$&8 '.$, 2)02%)'3? %4.$:$' #%)'*$& #.*)*#'%)$,'$# 2*''%)&, 0( %42)%,,$0& $& (<'<)%

8%&%)*'$0&,7 *&/ ,0 0&= >.% ($),' ,'%2 $& <&/%),'*&/$&8 >T $& * 6*3 '.*' $, #0-2*'$:+% 6$'. )%*+$,-

$, '0 -*9% ,#$%&'$($# /%,#)$2'$0&, 0( '.%,% 2)02%)'$%, '.% #%&')*+ (0#<, 0( )%*+$,- $',%+(= G, * ($),'

,'%2? '.%&? +%' <, <&/%),'*&/ ,#$%&'$($# )%*+$,- $& '%)-, 0( * )%*+$,- *:0<' ,<#. 2)02%)'$%, $& '.%

($),' $&,'*&#%=

V06 -$8.' '*9$&8 2)02%)'$%, J*, 0220,%/ '0 2*)'$#<+*),L *, '.% (0#<, 0( )%*+$,- .%+2 '0

-0'$;*'% *& *##0<&' 0( >TH G' ($),' :+<,.? 0&% -$8.' )%*,0&*:+3 60&/%) .06 $' #0<+/= U0) $, $' &0'

'.% #*,% '.*' 2)02%)'$%, ,<#. *, #.*)8% *&/ .*;$&8 *& %40,9%+%'0& *)% 2)02%)'$%, 0, 2*)'$#<+*),H

C.*' .*, :%%& 8*$&%/ $& '.$, ,.$(' 0( %-2.*,$,H >.% *&,6%) $, '.$,1 '*9$&8 2)02%)'$%, '0 :% '.% (0#<,

0( )%*+$,' #0--$'-%&' $& '.% ($),' $&,'*&#% $&')0/<#%, 2)%#$,%+3 '.% ,0)' 0( '*40&0-$# (+%4$:$+$'3 '.%

)%*+$,' &%%/, $& 0)/%) '0 ,*'$,(3 '.% )%F<$)%-%&'? ,2%#$($%/ $& >T? '.*' '.%)% %4$,', -0)% '.*& 0&%

,')<#'<)% 0( &*'<)*+ 9$&/,= U0) 0&#% '.% 6%$8.' 0( 0&%I, )%*+$,- $, :0)&% :3 2)02%)'$%, $& '.% ($),'

$&,'*&#%? 0&% '.%& .*, '.% (+%4$:$+$'3 '0 *#9&06+%/8% '.*' '.%,% 2)02%)'$%, #*& :% 8)0<2%/?

#0&;%&'$0&*++3? $& /$((%)%&' 6*3,? 3$%+/$&8 /$((%)%&' #*'%80)$%, 0( 2*)'$#<+*),= @&/%%/? '.$,

)%#*2$'<+*'%, *& 0:,%);*'$0& -*/% %*)+$%) $& ,%#'$0& M? $& #0&&%#'$0& 6$'. '.% /%($#$%&#$%, 0( >O= @'

$, 3"-*4/" ,#$%&'$,', *)% *' +$:%)'3 '0 (0#<, 0& /$((%)%&' #0++%#'$0&, 0( '.% 2)02%)'$%, 0( +$;$&8 '.$&8,

'.*' '.%3 *)% *:+% '0 #0&,')<#' /$((%)%&' ,2%#$%, #0&#%2',? %*#. 0( 6.$#. %-2.*,$Y%, /$((%)%&'

2)02%)'$%, $& ,')<#'<)$&8 ,3,'%-, 0( 9$&/,= >.% ,*-% #*& :% ,*$/ 0( '.% 2)02%)'$%, 0( %&*&'$0-%),=

S&% #*& :% * )%*+$,' *:0<' '.% 2)02%)'$%, 0( 0)8*&$,-,? -0+%#<+%,? *&/ ,0 0&? *&/ 3%' )%#08&$Y%

/$((%)%&' #0++%#'$0&, 0( '.%,% 2)02%)'$%, *, #0&,'$'<'$&8 /$((%)%&' '*40&0-$# #*'%80)$%,? *&/

#0&,%F<%&'+3? /$((%)%&' ,')<#'<)%, 0( 9$&/,=

S& '.$, 2$#'<)%? '.% ;%)3 &0'$0& 0( * 9$&/ $, '$%/ <2 6$'. #0&;%&'$0&? :<' '.% ,<:,')*'% 0(

#0&;%&'$0&*+ #.0$#% $, '.% ,%' 0( 2)02%)'$%, '.% ,#$%&#%, /%,#)$:%? *&/ '0 6.0,% -$&/5$&/%2%&/%&'

%4$,'%&#% '.% )%*+$,' -*3 #0&($/%&'+3 ,<:,#)$:% $& *##0)/*&#% 6$'. 0<) :%,' ,#$%&#%= @' ,.0<+/ :%

$--%/$*'%+3 #+%*) '.*' '.$, )%#*,'$&8 0( '.% &0'$0& 0( 9$&/.00/ )%2)%,%&', * ,$8&$($#*&' /%2*)'<)%

()0- '.% ')*/$'$0&*+ ()*-$&8 0( '.%,% $,,<%, $& '%)-, 0( * #0&(+$#' :%'6%%& &0-$&*+$,- *&/ )%*+$,-

*:0<' <&$;%),*+,= >.% 2)02%)'$%, 0& '.% :*,$, 0( 6.$#. ,#$%&'$($# )%*+$,', *&*+3Y% '*40&0-3 *)% &0'

'.% -%'*2.3,$#$*&I, 2)02%)'$%, 0( 9$&/.00/? 6.$#. @ $/%&'$($%/ %*)+$%) 6$'. *& *22)0*#. '*9%& $&

*&#$%&' *&/ ,#.0+*,'$# 2.$+0,02.31 '.% 2)02%)'3 0( :%$&8 80)0 /*#("$/ J80)0 /*#("$5.00/L7 '.%

2)02%)'3 0( :%$&8 *& %+%#')0& J%+%#')0&5.00/L7 %'#= T%).*2,? $& -0/%)& ,#$%&'$($# '%)-,? '.%,%

2)02%)'$%, #0<+/ :% *&*+3Y%/ *, #0&B<&#'$;% 2)02%)'$%, 0( ,0-% ,0)' A %+%#')0&5.00/ -$8.' :%



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

WP

*&*+3Y%/ *, * #0-2+%4? #0&B<&#'$;% 2)02%)'3 6.0,% #0&B<&#', *)% '.% ,$-2+% 2)02%)'$%, 0( &%8*'$;%

#.*)8%? -*,, X=WW " W`5PW 98? *&/ ,0 0&= ]0&;%),%+3? '.% #<))%&' 2)020,*+ (0) )%*+$,- *22%*+, '0

,$-2+% 2)02%)'$%,1 '.0,% 0& '.% :*,$, 0( 6.$#. '.% ;%)3 #0&#%2' 0( * 9$&/ 0( 2*)'$#<+*) $, #0&,')<#'%/

6$'. ,#$%&'$($# 2<)20,%, $& -$&/= U<)'.%)-0)%? '.% 2)%#$,% 0&'0+08$#*+ ,'*'<, 0( '.%,% 2)02%)'$%,? *,

#0&'%,'%/ :3 )%*+$,', *:0<' ')*&,#%&/%&' JT+*'0&$#L *&/ $--*&%&' JG)$,'0'%+$*&L <&$;%),*+,? ')02%

'.%0)$,',? *&/ ')*/$'$0&*+ &0-$&*+$,',? $, $--*'%)$*+ ,0 (*) *, ,#$%&'$($# )%*+$,- $, #0&#%)&%/=

"0 (*) ,0 800/? :<' *, $' ,'*&/,? '.$, )%*+$,' *##0<&' 0( >T $, 3%' $&#0-2+%'%= @&/%%/? *, $'

,'*&/,? $' -*3 3%' ,%%- $&,<(($#$%&'+3 /$((%)%&' ()0- &0-$&*+$,-= m0'. 20,$'$0&, %&'*$+ '.*' /$((%)%&'

#0++%#'$0&, 0( 2)02%)'$%, -*3 :% '*9%& :3 #0&;%&'$0& '0 #0&,'$'<'% /$((%)%&' '*40&0-$# #*'%80)$%,=

N%#*++ '.*' '.% )%*,0& '.% &0-$&*+$,- 6$'. 6.$#. 6% :%8*& '.$, ,%#'$0& (0<&/%)%/ $& #0&&%#'$0&

6$'. >T 6*, '.*'? *+'.0<8. $' $, #0-2*'$:+% 6$'. * #0--$'-%&' '0 '.% %4$,'%&#% 0( -$&/5

$&/%2%&/%&' %&'$'$%, *&/ 2)0#%,,%,? $' $, ,*/+3 $&#0-2*'$:+% 6$'. '.% &0'$0& '.*' /$((%)%&'

,')<#'<)%, 0( 9$&/, 0( %&'$'$%, *&/ 2)0#%,,%, *)% +$9%6$,% -$&/5$&/%2%&/%&'= V*;$&8 :<$+' * ,')0&8

%+%-%&' 0( .<-*& #0&;%&'$0& $&'0 '.% #<))%&' 2)020,*+ (0) )%*+$,-? 6.%)%$& 2)02%)'$%, /%,#)$:%/

:3 '.% ,#$%&#%, *)% ,<,#%2'$:+% '0 8)0<2$&8 $& /$((%)%&' 6*3, ,0 *, '0 2)0/<#% /$((%)%&'

#+*,,$($#*'0)3 ()*-%60)9,? .*;% @ &0' )%&/%)%/ '.% #<))%&' 2)020,*+ +$9%6$,% $&#0-2*'$:+% 6$'. >TH

@& *&,6%) '0 '.$, F<%,'$0&? +%' -% &06 $&')0/<#%? *' +*,'? '.% #0&#%2' 0( D,0#$*:$+$'3E? 6.$#. @

'*9% '0 <&/%)2$& '.% $/%* 0( ,0#$*:$+$'35:*,%/ 2+<)*+$,-= m%8$& 6$'. '.% 0:,%);*'$0& '.*' *+'.0<8.

2)02%)'$%, /%,#)$:%/ :3 ,#$%&'$($# '.%0)$%, *)% *-%&*:+% '0 /$((%)%&' ,0)', 0( #0&,')<#'$0& $&'0

2*)'$#<+*),? $' $, *+,0 '.% #*,% '.*' ()0- '.% 2%),2%#'$;% 0( )%*+$,-? '.% %4'%&' '0 6.$#. '.%,%

#0&,')<#'$0&, *)% D<2 '0 <,E *, .<-*& ,3,'%-*'$Y%), $,? $-20)'*&'+3? #0&,')*$&%/= >.0<8. ,#$%&'$,',

*)% *' +$:%)'3 '0 #*++ /$((%)%&' 8)0<2$&8, 0( 2)02%)'$%, 9$&/, J(0) %4*-2+%? ,2%#$%,L *, :%,' ,<$',

;*)$0<, *&/ /$((%)%&' ,#$%&'$($# 2<)20,%,? '.%3 *)% $0% *' +$:%)'3 '0 /%'%)-$&% 6.*' 8)0<2$&8, 0(

2)02%)'$%, '.%)% *)%? $& )%*+$'3= T)02%)'$%,? 0) 2)02%)'3 $&,'*&#%,? ,<#. *, '.% ,0)', @ .*;% 0((%)%/ *,

%4*-2+%, .%)% A #.*)8%? '.% /$,20,$'$0& '0 /0&*'% * 2)0'0&? ($'&%,,? *&/ ,0 0& A *)% &0'? ,0 (*) *,

%-2$)$#*+ $&;%,'$8*'$0& 60<+/ *22%*) '0 ,<88%,'? )*&/0-+3 /$,')$:<'%/ *#)0,, ,2*#%'$-%= >.%3 *)%?

'0 #0$& * -%'*2.0)? ,3,'%-*'$#*++3 D,0#$*:+%E= >.%3 0##<) $& ;*)$0<, 2*''%)&, 0( #0.%)%&#% $&

,2*#%'$-%= G&/ '.<,? 6.$+% ,#$%&'$,', *)% #%)'*$&+3 ()%% '0 +*:%+ /$((%)%&' 2*''%)&, 0( #0.%)%&#% *,

#0&,'$'<'$&8 /$((%)%&' ,')<#'<)%, 0( %&'$'$%, *&/ 2)0#%,,%, J(0) %4*-2+%? ,2%#$%, *, $&'%):)%%/$&8

#0++%#'$;%,? ,2%#$%, *, .$,'0)$#*+ +$&%*8%,? %'#=L? $' $, ,<)%+3 &0' <2 '0 '.%- 6.*' 2*''%)&, %9"'" *'"=

>.% #.0$#% *, '0 6.$#. 6% )%#08&$Y% $, #0&;%&'$0&*+? :<' '.% ,')<#'<)%, 6% )%#08&$Y% *)% &0'=

>.% -%'*2.0) 0( ,0#$*:$+$'3 .%)% $, *22)02)$*'%+3 ,<88%,'$;% $& * &<-:%) 0( 6*3,= U0)

$&,'*&#%? ,0-% 8)0<2$&8, 0( 2)02%)'$%, *)% -0)% ,0#$*:+% '.*& 0'.%),= >.% -*,,? #.*)8%? *&/ ,2$& 0(



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

WR

*& %+%#')0&? (0) %4*-2+%? *)% *+6*3, (0<&/ '08%'.%) 6.%)% '.%)% *)% %+%#')0&,? 6.%)%*, '.%

2)02%)'$%, $& ;$)'<% 0( 6.$#. *& 0)8*&$,- -*3 :%+0&8 '0 * ,<##%,,(<++3 :)%%/$&8 202<+*'$0& -*3

*/-$' 0( * +00,%) *,,0#$*'$0&? *, $, #0--0& $& '.% #*,% 0( #+<,'%) 9$&/,= G&/ B<,' *, $& '.% +$'%)*+ <,%

0( '.% '%)-? 6.%)% * 8$;%& 2%),0&I, ,0#$*:$+$'3 -*3 :% )%*+$Y%/ $& /$((%)%&' 6*3, '.)0<8.

2*)'$#$2*'$0& $& /$((%)%&' ,0#$*+ #$)#+%,? $& '.% ($8<)*'$;% <,% 0( '.% '%)- .%)%? * 8$;%& 2)02%)'3 -*3

:% ,0#$*:+% $& /$((%)%&' 6*3,? ($8<)$&8 $& /$((%)%&' #0&,')<#'$0&, 0( %&'$'$%, *&/ 2)0#%,,%, $&

/$((%)%&' ()*-%60)9, 0( 9$&/,= >.% #.*)- 0( '.% -%'*2.0) ,.0<+/ &0' /$,')*#' <,? .06%;%)? ()0-

6.*' $, $& (*#' * ,<:,'*&'$;% -%'*2.3,$#*+ '.%,$,= "0#$*:$+$'35:*,%/ 2+<)*+$,- %&'*$+, '.*' '.%)% *)%

-*&3 /$((%)%&' 6*3, 0&% -$8.' /)*6 #$)#+%, *)0<&/ 8)0<2, 0( 2)02%)'$%, ,0 *, '0 +*:%+ * 9$&/? *&/

#0))%,20&/$&8+3? '.*' -*&3 /$((%)%&' 2*''%)&, 0( ,2*'$0'%-20)*+ 2)02%)'3 /$,')$:<'$0& %4$,' $&

&*'<)%= >.% ,#$%&#%, )%#08&$Y% ,0-% 0( '.%,% 2*''%)&, *&/ /%,#)$:% '.%- *, #*'%80)$%, 0( '.$&8,=

C.$+% $& 2)*#'$#*+ '%)-,? '.$, 2$#'<)% 0( #+*,,$($#*'0)3 2)*#'$#% '.<, )%,%-:+%, '.% &0-$&*+$,'I,? $&

-%'*2.3,$#*+ '%)-,? $' $, %&'$)%+3 0220,$'%1 6.%)% &0-$&*+$,- )%#08&$Y%, &0 -$&/5$&/%2%&/%&'

#*'%80)$%, $& &*'<)%? ,0#$*:$+$'35:*,%/ 2+<)*+$,- )%#08&$Y%, $&&<-%)*:+3 -*&3=

>.% 20,$'$0& @ .*;% /%,#)$:%/ .%)% ,*'$,($%, >T? '.% '.%,$, '.*' '.%)% $, -0)% '.*& 0&%

,')<#'<)% 0( -$&/5$&/%2%&/%&' %&'$'$%, *&/ 2)0#%,,%,? *&/ '.%)%:3 (<)&$,.%, *& *##0<&' 0( '.%

-%'*2.3,$#*+ /$-%&,$0& 0( )%*+$,- '.*' $, #0-2*'$:+% 6$'. '.% ,0)', 0( '*40&0-$# 2)*#'$#% 0&%

($&/, %4%-2+$($%/ $& '.% -0/%)& ,#$%&#%,= >.%)% *)% -*&3 6*3, 0&% -$8.' #*);% &*'<)% *' $',

$&&<-%)*:+% B0$&',? :<' $& #0&')*,' '0 '.% ;*)$0<, (0)-, 0( *&'$)%*+$,' 2+<)*+$,- @ #*&;*,,%/

%*)+$%)? *##0)/$&8 '0 ,0#$*:$+$'35:*,%/ 2+<)*+$,-? '.%)% $, * -$&/5$&/%2%&/%&' :*,$, (0) #*);$&8?

:(; = 2)02%)'$%, *&/ 2*''%)&, 0( 2)02%)'3 /$,')$:<'$0& '.*' %4$,' F<$'% $&/%2%&/%&'+3 0( <,= @& '.$,

6*3? 0&% #*& $&/%%/ #0-:$&% )%*+$,- 6$'. 2+<)*+$,- *('%) *++=a

QMN ,>94E5:;<F4D 249=7>RK4;>B ED=74D<;I

@ '*9% ,0-% (0)- 0( ,0#$*:$+$'35:*,%/ 2+<)*+$,- '0 :% * -$&$-*+ )%F<$)%-%&' (0) '.% )%*+$,'

$& -*9$&8 ,%&,% 0( >T= N%#*++ '.*' K)%*+$,-I? *, @ *- <,$&8 '.% '%)- .%)%? )%(%), '0 ,#$%&'$($# )%*+$,-

J<&+%,, 0'.%)6$,% $&/$#*'%/L? *&/ '.$, $&;0+;%, * #0--$'-%&' '0 ,0-% ,<:,'*&'$;% 9&06+%/8% 0(

:0'. 0:,%);*:+% *&/ <&0:,%);*:+% *,2%#', 0( * -$&/5$&/%2%&/%&' 60)+/? *, )%;%*+%/ :3 ,#$%&#%=

>.% %2$,'%-0+08$#*+ /$-%&,$0& 0( )%*+$,- '.<, %4#%%/, +%,, *-:$'$0<, 20,,$:$+$'$%, (0) ,*'$,(3$&8 >T?

a >.$, #0&#+<,$0& ,'*&/, $& ,'*)9 #0&')*,' '0 -<#. %,'*:+$,.%/ /0#')$&% )%8*)/$&8 9$&/,= ]0-2*)% "'*&(0)/

WXXg? 6.$#. #0&'%&/, '.*' '.% )0+% 0( #0&'%4'<*+ $&'%)%,', $& *)'$#<+*'$&8 /$((%)%&' ,2%#$%, #0&#%2', 2)%#+</%,

)%*+$,- $& '.$, /0-*$&? *&/ h)%,.%(,93 WXXd? 6.$#. ,<88%,', '.*' '.% +*#9 0( * ,.*)%/ #+*,,$($#*'0)3 2)$&#$2+%

*#)0,, ,2%#$%, #0&#%2', 2)%#+</%, )%*+$,-= ]0&;%),%+3? @ '*9% )%*+$,- '0 :% #0-2*'$:+% 6$'. '.% K,'$2<+*'$;%I

#0&'%&' 0( 9$&/ *'')$:<'$0&? *, %4*-$&%/ $& /%'*$+ $& k*T0)'% M``R=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

Wg

,<#. *, * #0--$'-%&' '0 '.% -%)% %4$,'%&#% 0( -$&/5$&/%2%&/%&' ,')<#'<)%, J%4'%)&*+ 60)+/

)%*+$,-L? 0) * #0--$'-%&' '0 '.% -%)% %4$,'%&#% 0( <&0:,%);*:+% ,')<#'<)%, JN*-,%3 ,%&'%&#%

)%*+$,-L= @& 80$&8 (<)'.%)? @ .*;% ,<88%,'%/ '.*' ,#$%&'$($# 9&06+%/8% #*& :% -$&$-*++3 $&'%)2)%'%/

*, * 9&06+%/8% 0( 2*''%)&, 0( ,0#$*++3 /$,')$:<'%/ 2)02%)'$%,= >.%)% $, -<#. -0)% '0 :% ,*$/ *:0<'

'.$,? .06%;%)1 '.%)% *)% (<)'.%) #.*++%&8%, '0 )%*+$,- .%)%? )%,20&,%, '0 6.$#. -*3 $&;09% 3%'

(<)'.%) (0)-, 0( 2+<)*+$,- $& '.% )%*+- 0( 0&'0+083= @& %*#. #*,%? *, @ 6$++ ,<88%,'? '.% )%+%;*&'

)%,20&,%, *22%*) '0 $&;0+;% 2.$+0,02.$#*+ #0--$'-%&', '.*' 80 :%30&/ '.0,% @ .*;% *//<#%/ $&

0)/%) '0 %+*:0)*'% ,0#$*:$+$'35:*,%/ 2+<)*+$,-= @& '.% )%-*$&/%) 0( '.$, ,%#'$0&? @ 6$++ :)$%(+3

#0&,$/%) '60 ,<#. #.*++%&8%, *&/ 20,,$:+% )%*+$,' )%,20&,%,= @ -*9% &0 *,,<-2'$0& '.*' '.%,%

#0&,$/%)*'$0&, %4.*<,' '.% 2+<)*+$,' #0--$'-%&', * )%*+$,' -$8.' -*9% J'0 :% ,<)%? '.% #.*++%&8%, @

6$++ #$'% /0 &0' %4.*<,' '.0,% 0((%)%/ '0 )%*+$,-L? :<' @ /0 '*9% '.%,% 2*)'$#<+*) #.*++%&8%, '0 :%

%,2%#$*++3 2)%,,$&8 (0) '.% )%*+$,'? *&/ '.<, 60)'.3 0( ,0-% *''%&'$0& .%)%=

k%' <, *,,<-% '.*' '.% )%*+$,' ,.0<+/ */02' ,0-% (0)- 0( ,0#$*:$+$'35:*,%/ 2+<)*+$,-=

V*;$&8 ($4%/ 0& #%)'*$& ,0#$*:+% 8)0<2$&8, 0( 2)02%)'$%, (0) 2<)20,%, 0( '*40&0-3? $& -*&3

#0&'%4', 0( ,#$%&'$($# $&;%,'$8*'$0&? (<)'.%) F<%,'$0&, $&%;$'*:+3 *)$,% )%8*)/$&8 '.% -0)% 2)%#$,%

-%'*2.3,$#*+ &*'<)%, 0( '.% -%-:%), 0( '*4* '.<, #0&,')<#'%/= >.%,% *)% ($&%)58)*$&%/ F<%,'$0&,

*:0<' '.% 2)%#$,% 0&'0+08$#*+ #*'%80)3 0) #*'%80)$%, '0 6.$#. *& %&'$'3 -*3 :%+0&8? 6.%)%

K0&'0+08$#*+ #*'%80)3I .%)% )%(%), &0' '0 '.% &*-% 0( * 2*)'$#<+*) '*40&? :<' )*'.%) '0 '.% 0&'0+08$#*+

%2#" 0) -9*'*-%"' 0( $', -%-:%),= U0) %4*-2+%? $& %;0+<'$0&*)3 :$0+083? .*;$&8 */02'%/ '.%

2.3+08%&%'$# ,2%#$%, #0&#%2' J*##0)/$&8 '0 6.$#. ,2%#$%, *)% .$,'0)$#*+ +$&%*8%,L? ($&%)58)*$&%/

F<%,'$0&, *:0<' '.% -%'*2.3,$#*+ #.*)*#'%) 0( -%-:%), 0( ,2%#$%, .*;% :%%& 20,%/ :3 :$0+08$,',1 $,

'.% %4'%&,$0& 0( K80)0 /*#("$/I #0-2)$,%/ 0( $&/$;$/<*+ 0)8*&$,-, '.*' #0-:$&% '0 -*9% <2 '.%

+$&%*8%H7 0) $, '.% +$&%*8% $',%+( * ,2*'$0'%-20)*++3 %4'%&/%/ $&/$;$/<*+? .*;$&8 0)8*&$,-, *, J-%)%L

2*)',H7 0)\ ^0 /0<:' '.%)% *)% #*,%, $& 6.$#. ,%''+$&8 ($&%)58)*$&%/ -%'*2.3,$#*+ F<%,'$0&, 0( '.$,

,0)' $, *)8<*:+3 $&%,,%&'$*+ '0 '.% ,#$%&'$($# %&/%*;0<) #0&#%)&%/= @' $, +%,, #+%*)? .06%;%)? '.*'

'.%,% ,0)', 0( F<%,'$0&, *)% 8%&%)*++3? ,*(%+3 $8&0)*:+% 6.%& $' #0-%, '0 '.% $&'%)2)%'*'$0& 0( '.%

*,,0#$*'%/ '.%0)3 A '.*' $,? $& *,#%)'*$&$&8 6.*' 9&06+%/8% '.% '.%0)3 #0&'*$&, 0) 3$%+/,=

"%;%)*+ $&(*-0<, %4*-2+%, 0( '.% )%+%;*&#% 0( 6.*' #*& :% )%8*)/%/ *, ($&%)58)*$&%/

-%'*2.3,$#*+ F<%,'$0&, '0 '.% $&'%)2)%'*'$0& 0( ,#$%&'$($# '.%0)3 #0-% ()0- (<&/*-%&'*+ 2.3,$#,=

V*;$&8 /%'%)-$&%/? (0) %4*-2+%? 6.*' 2)02%)'$%, 0&% .*, $& -$&/ $& #+*,,$(3$&8 /$((%)%&'

%+%-%&'*)3 D2*)'$#+%,E? ($&%)58)*$&%/ F<%,'$0&, &*'<)*++3 *)$,% #0&#%)&$&8 '.% -0)% 2)%#$,%

0&'0+08$#*+ #*'%80)$%, '0 6.$#. '.%,% 2*)'$#+%, :%+0&8= >.% "'*&/*)/ O0/%+ $& ,<:*'0-$# 2.3,$#,

/%,#)$:%, * &<-:%) 0( 2*)'$#+%, 6.0,% 2)%#$,% 0&'0+08$#*+ &*'<)% $, &0'0)$0<,+3 /$(($#<+' '0 *,,%,,=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

Wb

>.%3 *)% &0' 2*)'$#+%, $& '.% %;%)3/*3 ,%&,% 0( '.% '%)-? -0/%++%/ 0& '.% &0'$0& 0( -*#)0,#02$#

0:B%#',? 6.$#. .*;% /%($&$'% ,2*'$0'%-20)*+ ')*B%#'0)$%,? *&/ *++ 0( 6.0,% 2)02%)'$%, *)% 6%++

/%($&%/ *' *++ '$-%, *' 6.$#. '.%3 #*& :% ,*$/ '0 %4$,'= s<*&'<- -%#.*&$#, /%,#)$:%, '.% :%.*;$0<),

0( '.%,% %&'$'$%, $& 6*3, '.*' -*9% $' <&#+%*) 6.%'.%) 0) &0' '.%3 #*& :% )%8*)/%/ *, $&/$;$/<*+, *'

*++= @& ,0-% #0&'%4', ,<#. *, '.*' 0( -%*,<)%-%&'? '.%3 *22%*) '0 :%.*;% +$9% 0:B%#', 6$'. 6%++

/%($&%/ 2)02%)'$%,? :<' $& 0'.%),? '.%3 :%.*;% -0)% +$9% %;%&', J#0-2)$,$&8 %4#$'*'$0&, 0( * ($%+/7 *++

%+%-%&'*)3 2*)'$#+%, #*& :% ;$%6%/ *, F<*&'* 0( *,,0#$*'%/ ($%+/,L= @-20)'*&'+3? '.%)% $, &0

#0&,%&,<, $& '.% $&'%)2)%'*'$0& 0( #<))%&' 2.3,$#, )%8*)/$&8 6.%'.%) 2*)'$#+%, 0) ($%+/, (<)&$,. D'.%

#0))%#'E (<&/*-%&'*+ 0&'0+083= s<%,'$0&, )%8*)/$&8 $&/$;$/<*+$'3? 0:B%#'5.00/? *&/ %;%&'5.00/ *)%

-*''%), 0( %&/<)$&8 #0&')0;%),3=

]0&')0;%),$%, ,<#. *, '.%,%? #0&#%)&$&8 '.% 2)%#$,% -%'*2.3,$#*+ &*'<)% 0( (<&/*-%&'*+

2.3,$#*+ %&'$'$%,? *)% 8)$,' (0) *&'$)%*+$,' ,#%2'$#$,- $& '.% /0-*$& 0( #0&'%-20)*)3 2.3,$#,= V06

-$8.' '.% )%*+$,' )%,20&/H S&% 20,,$:+% )%*#'$0& $, '0 '*9% * 6*$'5*&/5,%% *''$'</% 2%&/$&8 (<'<)%

/%;%+02-%&', $& '.% )%+%;*&' ,#$%&#%? '.%)%:3 ,<,2%&/$&8 :%+$%( $& '.% 2)%,%&'= G('%) *++? '.0<8. $' $,

,0-%'$-%, #*)$#*'<)%/ $& ,<#. * 6*3 *, '0 ,<88%,' '.% #0&')*)3? &0 ,02.$,'$#*'%/ *##0<&' 0( )%*+$,-

,.0<+/ )%F<$)% '.*' 0&% ;$%6 *77 0( ,#$%&#% *, 3$%+/$&8 9&06+%/8% 0( * -$&/5$&/%2%&/%&' 60)+/=

Q$;%& '.% <&,<)2)$,$&8 ;*)$*:$+$'3 0&% ($&/, $& '.% ,')%&8'. 0( '.% %;$/%&#% (0) ,#$%&'$($# #+*$-, 0(

/$((%)%&' ,0)',? $' $, 0&+3 &*'<)*+ '.*' '.% )%*+$,' ,.0<+/ '*$+0) .%) #0--$'-%&', *##0)/$&8+31 6.%)%

'.% %;$/%&#% $, ,')0&8? )%*+$,- -*3 :% * /%(%&,$:+% %2$,'%-$# *''$'</%7 6.%)% $' $, 6%*9%)? '.%

)%*+$,' -*3 )$8.'+3? 6$'. B<,'$($#*'$0&? :% #$)#<-,2%#'=

G, * 8%&%)*+? 8<$/$&8 2)$&#$2+%? '*$+0)$&8 0&%I, :%+$%( J0) /%8)%%, 0( :%+$%(L '0 '.% ,')%&8'. 0(

'.% %;$/%&#% $, ,0<&/ %2$,'%-$# 20+$#3? :<' $, $' * #)%/$:+% 02'$0& $& '.% 2)%,%&' #*,%H V%)% $, '.%

/*&8%)1 $( ,<,2%&/$&8 :%+$%( $& '.% )%*+- 0( (<&/*-%&'*+ 2.3,$#, *-0<&', '0 *8&0,'$#$,- )%8*)/$&8

'.% )%*+$'3 0( %+%-%&'*)3 2*)'$#+%,? '.% )%*+$,' )<&, '.% )$,9 0( (*'*++3 <&/%)-$&$&8 .%) 20,$'$0&= U0)

'.% ,<220,$'$0& '.*' J*' +%*,' ,0-% 0(L '.%,% %&'$'$%, %4$,' 60<+/ *22%*) '0 2*,, *++ 0( '.% -0,'

#0--0& '%,', 0( )%*+$,' #0&;$#'$0&1 "5 92#0%9"/(? ,<#. %&'$'$%, *)% /%'%#'*:+%7 '.% ;*+<%, 0( '.%$)

2)02%)'$%, #*& :% -%*,<)%/ 6$'. ,$8&$($#*&' 2)%#$,$0&7 '.%3 #*& :% #*<,*++3 -*&$2<+*'%/ $& $&')$#*'%

6*3,7 '.%3 #*& :% <,%/ '0 $&'%)(%)% 6$'. 0'.%) %&'$'$%,7 '.%0)%'$#*+ /%,#)$2'$0&, 0( '.%- .*;% :%%&

%-2+03%/ '0 -*9% &0;%+ 2)%/$#'$0&, '.*' .*;% :%%& :0)&% 0<' $& ,<:,%F<%&' %42%)$-%&'=

>.%)%(0)%? $( '.% )%*+$,' $, '0 '*9% * 6*$'5*&/5,%% *''$'</% .%)%? '.% *,,0#$*'%/ ,<,2%&,$0& 0( :%+$%(

,.0<+/ :% *22+$%/ 0&+3 6$'. )%,2%#' '0 '.% 2)%#$,% -%'*2.3,$#*+ &*'<)% 0( '.%,% %&'$'$%,? &0' 6$'.

)%,2%#' '0 '.%$) %4$,'%&#% #"' /"? 0& 2*$& 0( <&/%)-$&$&8 )%*+$,-= G&/ '.$, $--%/$*'%+3 )*$,%, *



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

Wa

F<%,'$0& *, '0 6.%'.%) :%+$%;$&8 $& '.% %4$,'%&#% 0( *& %&'$'3 6.$+% ,<,2%&/$&8 :%+$%( 6$'. )%,2%#'

'0 $', 2)%#$,% -%'*2.3,$#*+ #.*)*#'%) $, * #0.%)%&' #0-:$&*'$0& (0) '.% )%*+$,'=

>.%)% *)%? @ :%+$%;%? *' +%*,' '60 #0.%)%&' 6*3, $& 6.$#. * )%*+$,' -$8.' )%,20&/ '0 '.%

#.*++%&8% 0( <&#%)'*$&'3 $& ($&%58)*$&%/ 0&'0+083= >.% ($),' $, '0 -*9% * #'*<)*%(- #0--$'-%&' '0

'.% 2)%#$,% -%'*2.3,$#*+ #.*)*#'%) 0( %&'$'$%, /%,#)$:%/ $& ,2%#$($# #0&'%4', 0( ,#$%&'$($# 2)*#'$#%=

U0) %4*-2+%? $( $& '.% #0&'%4' 0( -%*,<)%-%&' 0<) :%,' ,#$%&'$($# -0/%+, )%2)%,%&' %+%-%&'*)3

2*)'$#+%, *, $&/$;$/<*+ 0:B%#', 6$'. 6%++ /%($&%/ 2)02%)'$%,? '.*' $, '.% /%,#)$2'$0& '0 6.$#. )%*+$,',

,.0<+/ #0--$'= @( $& *&0'.%) #0&'%4' 0<) :%,' -0/%+, )%2)%,%&' '.%,% %&'$'$%, *, ,'*'%, 0( *&

*,,0#$*'%/ ($%+/? '.*' $, '.% /%,#)$2'$0& '0 6.$#. )%*+$,', ,.0<+/ #0--$'= S& '.$, *22)0*#.? #0&')*)3

'0 6.*' 0&% -$8.' 0'.%)6$,% %42%#'? '.% (*#' '.*' '.%,% #0&'%4'<*+ /%,#)$2'$0&, *)% ,')$#'+3

$&#0-2*'$:+% 6$'. 0&% *&0'.%) /0%, &0' #0-2)0-$,% )%*+$,-? :%#*<,% 0&%I, #0--$'-%&' '0 '.%

2)%#$,% -%'*2.3,$#*+ &*'<)%, 0( '.%,% 2*)'$#+%, $,? $& %$'.%) #*,%? -%)%+3 2)*8-*'$#= >.*' $, '0 ,*3?

'.% %2$,'%-0+08$#*+ #0--$'-%&' 0)/$&*)$+3 *,,0#$*'%/ 6$'. )%*+$,- '0 $&'%)2)%' ,#$%&'$($# #+*$-, *,

J*22)04$-*'%+3L ')<% /%,#)$2'$0&, 0( * -$&/5$&/%2%&/%&' )%*+$'3 $, ,')*'%8$#*++3 6$'..%+/ *' '.%

+%;%+ 0( ($&%58)*$&%/ 0&'0+083= U)0- '.% 20$&' 0( ;$%6 0( )%*+$,-? '.%,% /$((%)%&' /%,#)$2'$0&, *)%

'.%& ;$%6%/ ,$-2+3 *, 2)*8-*'$#*++3 %((%#'$;%? *+'%)&*'$;% -%*&, :3 6.$#. '0 #.*)*#'%)$Y% '.% ,*-%

-$&/5$&/%2%&/%&' '*)8%', 0( ,#$%&'$($# $&'%)%,' $& /$((%)%&' #0&'%4', A 2)%/$#'$;%? %42+*&*'0)3? *&/

,0 0&=

>.% )%,<+' .%)% $, * ,%#0&/*)3 (0)- 0( 2+<)*+$,-? *:0;% *&/ :%30&/ :<' 6.0++3 #0-2*'$:+%

6$'. ,0#$*:$+$'35:*,%/ 2+<)*+$,-= >.% 2)*8-*'$,'I, #0&#%2'$0& 0( ')<'. $, <+'$-*'%+3 %4.*<,'%/ :3

#0&,$/%)*'$0&, 0( <'$+$'3? *&/ *, * #0&,%F<%&#%? $' ,.0<+/ #0-% *, &0 ,<)2)$,% '.*' 0& '.$, ;$%6? '.%

-%'*2.3,$#*+ &*'<)%, 0( 2*)'$#<+*), -*3 :% /%,#)$:%/ $& 6*3, '.*' ;*)3 ()0- 0&% #0&'%4' '0

*&0'.%)= >.$, )%,20&,% '0 '.% #.*++%&8% 0( ;*)$*:$+$'3 $& #0&&%#'$0& 6$'. ($&%58)*$&%/ /%,#)$2'$0&,

0( '.% -%'*2.3,$#*+ &*'<)%, 0( -%-:%), 0( 9$&/, /0%, $&#0)20)*'% * &0&5')$;$*+ *,,<-2'$0&?

.06%;%)= >.$, -%'*2.3,$#*+ &*'<)%5:*,%/ 2+<)*+$,- *//, '0 '.% &0'$0& 0( ,0#$*:$+$'3 '.% #0&'%&'$0&

'.*'? *' * #%)'*$& /%2'. 0( 0&'0+08$#*+ )%($&%-%&'? 2)*8-*'$,' 2+<)*+$,- $, #0&,$,'%&' 6$'. * )0:<,'

)%*+$,- *' ,.*++06%) /%2'., 0( ,#$%&'$($# /%,#)$2'$0&=

QMP ,42<?>;949<@2RK4;>B ED=74D<;I

G&0'.%) 20,,$:+% )%*+$,' ,')*'%83 (0) #0-$&8 '0 8)$2, 6$'. F<%,'$0&, *:0<' '.% 2)%#$,%

-%'*2.3,$#*+ #.*)*#'%) 0( '.% -%-:%), 0( ,#$%&'$($# #*'%80)$%, )%F<$)%, &0 )%#0<),% '0 2)*8-*'$,-

*' *&3 +%;%+ 0( /%,#)$2'$0&= k$9% -%'*2.3,$#*+ &*'<)%5:*,%/ 2+<)*+$,-? $' *//, * ,<:,'*&'$;%



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

Wd

2.$+0,02.$#*+ #0--$'-%&' '0 '.0,% %&'*$+%/ :3 ,0#$*:$+$'35:*,%/ 2+<)*+$,-= >.%,% '60 ,')*'%8$%, (0)

,<22+%-%&'$&8 ,0#$*:$+$'3 *)% %&'$)%+3 /$,'$&#'? )%F<$)$&8 /$((%)%&' ,<22+%-%&'*)3 #0--$'-%&', 0&

'.% 2*)' 0( '.% )%*+$,'? *&/ '.0<8. '.%3 #0&,'$'<'% -<'<*++3 %4#+<,$;% 02'$0&, (0) '.% #0&,$/%)*'$0&

0( *&3 8$;%& #*,%? '.%3 /0 &0' *22%*) '0 :% -<'<*++3 %4#+<,$;% -0)% 8%&%)*++3= @& 0'.%) 60)/,? 6.$+%

-%'*2.3,$#*+ &*'<)%5:*,%/ 2+<)*+$,- *&/ 6.*' @ 6$++ &06 /%,#)$:% *, -*&$(%,'*'$0&5:*,%/

2+<)*+$,- #*&&0' :0'. *22+3 '0 *&3 0&% #*,% 0( 0&'0+08$#*+ <&#%)'*$&'3? '.%3 -*3 6%++ :%

*22)02)$*'% $& /$((%)%&' #0&'%4', 0( ,#$%&'$($# 2)*#'$#%= G, * )%,<+'? :0'. -*3 (0)- 2*)' 0( '.%

,02.$,'$#*'%/ )%*+$,'I, 0;%)*++ #0&#%2'$0& 0( -$&/ $&/%2%&/%&#%=

>.% $/%* 0( -*&$(%,'*'$0&5:*,%/ 2+<)*+$,- :%8$&, 6$'. * 2*)'$#<+*) <&/%),'*&/$&8 0( '.%

&*'<)% 0( -*&3 2)02%)'$%, 0( ,#$%&'$($# $&'%)%,'1 :(; =? '.*' ,<#. 2)02%)'$%, *)% /$,20,$'$0&*+= G (*-$+3

0( )%#%&' ;$%6, %4%-2+$(3$&8 '.$, <&/%),'*&/$&8 .*, #0-% '0 2)0-$&%&#% $& )%#%&' 2.$+0,02.3 0(

,#$%&#%? *&/ @ 6$++ -*9% &0 *''%-2' '0 /%(%&/ $' .%)%=d N*'.%)? -3 $&'%&'$0& $, ,$-2+3 '0 $++<-$&*'%

0&% 20'%&'$*+ #0&,%F<%&#% 0( '.% 20,$'$0& (0) '.% 2)0,2%#', 0( )%*+$,'5#0-2*'$:+% 2+<)*+$,-= >.<,?

:%8$& 6$'. '.% $/%* '.*' 2)02%)'$%, 0( ,#$%&'$($# $&'%)%,' A '.0,% 6.0,% 2*''%)&, 0( ,0#$*:$+$'3

<&/%)6)$'% 2)*#'$#%, 0( ,#$%&'$($# #+*,,$($#*'$0& A *)% 8%&%)*++3 J$( &0' *+6*3,L /$,20,$'$0&*+= >.*' $,

'0 ,*3? '.%3 /$,20,% '.% '.$&8, '.*' .*;% '.%- '0 :%.*;% $& #%)'*$& 6*3, $& ,2%#$($# #$)#<-,'*&#%,=

S& '.$, ;$%6? ($%"' *7(*? '.% ,#$%&#%, 3$%+/ 9&06+%/8% 0( '.% -0/*+ (%*'<)%, 0( '.%$) '*)8%' ,3,'%-, $&

'.% 60)+/= G F<%,'$0& '.%& $--%/$*'%+3 *)$,%, #0&#%)&$&8 .06 ,<#. '*+9 0( -0/*+$'3 ,.0<+/ :%

$&'%)2)%'%/= >.% -0,' #0--0& )%,20&,% :3 2)020&%&', 0( '.% ;$%6 $, '0 */02' * )%*+$,- *:0<'

/$,20,$'$0&*+ 2)02%)'$%,? *&/ ,0? 0& * &*'<)*+ )%*/$&8? -*&$(%,'*'$0&5:*,%/ 2+<)*+$,- ,<88%,', *&

*##%2'*&#% 0( '.% )%*+$'3 0( /$,20,$'$0&,= G/-$''%/+3? .06%;%)? ,0-% 6.0 *##%2' '.*' -<#. 0( 6.*'

$, +%*)&%/ $& ,#$%&'$($# $&;%,'$8*'$0& $, -0/*+ $& #.*)*#'%) 2)%(%) /%(+*'$0&*)3? &0&5)%*+$,' *&*+3,%,

0( -0/*+$'3 8%&%)*++3? *&/ 0( /$,20,$'$0&*+ *,#)$2'$0& -0)% ,2%#$($#*++3= @ 6$++ &0' '*9% ,$/%, 0& '.$,

F<%,'$0& .%)%7 '.0<8. @ 6$++ <,% '.% )%*+$,' $/$0-? '.0,% 6.0 2)%(%) 0&'0+08$#*+ *<,'%)$'3 -*3

')*&,+*'% *, '.%3 ,%% ($'=

k%' <, '<)& &06 '0 '.% $/%* 0( -*&$(%,'*'$0&5:*,%/ 2+<)*+$,- $',%+(= >.% (*#' '.*'

/$,20,$'$0&, *)% 0('%& -*&$(%,'%/ /$((%)%&'+3? /%2%&/$&8 0& '.% #$)#<-,'*&#%,? (<)&$,.%, '.% 9%3 '0

*& *+'%)&*'$;% )%,20&,% '0 '.% #.*++%&8% 2)%,%&'%/ :3 ;*)$*:+% /%,#)$2'$0&, 0( '.% ($&%58)*$&%/

-%'*2.3,$#*+ &*'<)%, 0( ,0-% ,#$%&'$($# %&'$'$%,= S&% *&/ '.% ,*-% %&'$'3 -*3 :%.*;% ,$8&$($#*&'+3

/$((%)%&'+3 $& /$((%)%&' #$)#<-,'*&#%,? %;%& 6.%& '.% 2)02%)'$%, *,,0#$*'%/ 6$'. $' *)% 2)%,%);%/

()0- 0&% #$)#<-,'*&#% '0 *&0'.%)= @& ,<#. #*,%,? 0& '.% /$,20,$'$0&*+ ;$%6? /$((%)%&' :%.*;$0<), *)%

d T%).*2, '.% :%,' 9&06& *##0<&' 0( /$,20,$'$0&, $& #0&&%#'$0& 6$'. ,#$%&'$($# 9&06+%/8% $, ]*)'6)$8.'I, J%=8=

WXXXL /$,#<,,$0& 0( D#*2*#$'$%,E= U0) (<)'.%) *##0<&',? ,%% m$)/ M`à *&/ ].*9)*;*)''3 M`à=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

WX

,$-2+3 /$((%)%&' )*$(,"/%*%(0$/ 0( 0&% *&/ '.% ,*-% 2)02%)'3 J0) 2)02%)'$%,L= ]0&,$/%) * ,$-2+%?

<&#0&')0;%),$*+ %4*-2+%= >.% -0+%#<+*) ,')<#'<)% 0( * #0-20<&/ /$,20,%, $' '0 :%.*;% $& * &<-:%)

0( /$((%)%&' 6*3,? /%2%&/$&8 0& '.% *-:$%&' #$)#<-,'*&#%,= @' -*3 /$,20,% '.% #0-20<&/ '0 #.*&8%

2.*,% J()0- ,0+$/ '0 +$F<$/? 0) +$F<$/ '0 8*,L *' /$((%)%&' '%-2%)*'<)%, /%2%&/$&8 0& ;*)$*'$0&, $&

0'.%) %&;$)0&-%&'*+ #0&/$'$0&, J*-:$%&' 2)%,,<)%? '.% 2)%,%&#% 0) *:,%&#% 0( 0'.%) #.%-$#*+

*8%&',? *&/ ,0 0&L= @& '.$, 6*3? /$((%)%&' ,'$-<+<, #0&/$'$0&, -*3 %+$#$' /$((%)%&' #*<,*+ 2)0#%,,%,

$&;0+;$&8 '.% #0-20<&/? *&/ '.%)%:3 %+$#$' /$((%)%&' #0&')$:<'$0&, 0( $', -0+%#<+*) ,')<#'<)% '0 $',

:%.*;$0<)= G&/ ,0? 0&% *&/ '.% ,*-% 2)02%)'3 #*& /$,20,% *& %&'$'3 '0 -*&$(%,' /$((%)%&'

:%.*;$0<), $& /$((%)%&' #0&'%4',=

^06? +%' <, %4')*20+*'% '.$, .0-%+3 0:,%);*'$0& $&'0 * -0)% #0&')0;%),$*+ /0-*$& 0(

*22+$#*'$0&= @&,'%*/ 0( 2)*8-*'$#*++3 %&/0),$&8 '.% )%2)%,%&'*'$0& 0( %+%-%&'*)3 2*)'$#+%, $&

-%*,<)%-%&' #0&'%4', *, 0:B%#', 6$'. 6%++ /%($&%/ 2)02%)'$%,? (0) $&,'*&#%? +%' <, ,*3 '.*' $&

,2%#$($# #0&'%4', A #$)#<-,'*&#%, 2%)'*$&$&8 '0 -%*,<)%-%&' A '.% )%+%;*&' %&'$'$%, *)% /$,20,%/ '0

:%.*;% $& '.% -*&&%) 0( 0:B%#', 6$'. 6%++ /%($&%/ 2)02%)'$%,= S( #0<),%? '.$, 2+*#%, &0 * #'(0'(

)%,')$#'$0& 0& .06 '.%3 -*3 :% /$,20,%/ '0 :%.*;% $& 0'.%) #$)#<-,'*&#%,? (0) '.*' $, '.% &*'<)% 0(

/$,20,$'$0&,= @' $, *& %-2$)$#*+ -*''%) .06 '.% 2)02%)'$%, 0( *& %&'$'3 0) * ,3,'%- 0( %&'$'$%, $,

/$,20,%/ '0 :%.*;% $& /$((%)%&' #0&'%4',? *&/ $' $, 2*)' 0( '.% (<&#'$0& 0( ,#$%&'$($# $&;%,'$8*'$0& *&/

%42%)$-%&' '0 /%'%)-$&% 6.*' '.%,% -*&$(%,'*'$0&, *)%? *&/ $& 6.*' #$)#<-,'*&#%, 0&% #*& %42%#'

'0 ($&/ '.%-= O*&$(%,'*'$0&5:*,%/ 2+<)*+$,- ,<88%,', '.*' $& '.% (*#% 0( $&#0-2*'$:+% /%,#)$2'$0&, 0(

'.% (<&/*-%&'*+ -%'*2.3,$#*+ &*'<)%, 0( -%-:%), 0( 9$&/,? 0&% #*& /%(<,% '.% *22*)%&' #0&(+$#' :3

*22%*+ '0 '.% /$,20,$'$0&, 0( 2)02%)'$%,? ,0-% 0( 6.$#. */-$' 0( * 2+<)*+$'3 0( -*&$(%,'*'$0&,? *&/

6.0,% ,0#$*:+% 2*''%)&, 0( *88+0-%)*'$0& *)% '.% <&/%)+3$&8 '*)8%', 0( )%*+$,' #0--$'-%&'=

@, -*&$(%,'*'$0&5:*,%/ 2+<)*+$,- )%*++3 '.% :%,' *22)0*#. (0) )%*+$,- $& )%,20&,% '0 ($&%5

8)*$&%/ -%'*2.3,$#*+ <&#%)'*$&'3 $& '.% #*,% 0( %+%-%&'*)3 2*)'$#+%,H >.%)% $,? @ ,<,2%#'? &0 %*,3

*&,6%) '0 '.$, F<%,'$0&= U0) 0&% '.$&8? '.%)% $, &0 0:;$0<, )%*,0& '0 '.$&9 '.*' '.% )%*+$,' ,.0<+/

*/02' *&3 0&% (0)-<+* (0) )%,20&/$&8 '0 $&'%)2)%'*'$0&*+ #.*++%&8%, 0( '.$, ,0)' *#)0,, '.% :0*)/= @'

$, $& '.% /%'*$+, 0( 2*)'$#<+*) #*,%, '.*' )%*+$,- (*#%, $', ,'%)&%,' '%,',? *&/ &0 0&% (0)-<+* $, +$9%+3

'0 :% <&$;%),*++3 #0-2%++$&8= @& ,0-% #*,%, A 2*)'$#<+*)+3 '.0,% $& 6.$#. 0&% .*, *& <&/%)+3$&8

'.%0)3 0( '.% #*<,*+ 2)0#%,,%, 0) 0'.%) -%#.*&$,-, :3 6.$#. 2<'*'$;% /$,20,$'$0&, *)% -*&$(%,'%/

$& /$((%)%&' 6*3, A -*&$(%,'*'$0&5:*,%/ 2+<)*+$,- -*3 ,%%- *& *'')*#'$;% )%#0<),% (0) )%*+$,-= >.$,

$, #%)'*$&+3 '.% #*,% $& '.% %4*-2+% 0( -0+%#<+*) ,')<#'<)% *&/ 2.*,% #.*&8%? 6.%)% *& <&/%)+3$&8

'.%0)3 0( $&'%)5 *&/ $&')*5-0+%#<+*) (0)#%, *&/ #.%-$#*+ :0&/, .%+2, '0 2<' ,0-% -%*' 0& '.%

:0&%, 0( '*+9 *:0<' /$,20,$'$0&, *&/ -*&$(%,'*'$0&,= >.%)% $, &0 *&*+080<, <&/%)+3$&8 '.%0)3 $& '.%



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

M`

#*,% 0( '.% ,%%-$&8+3 /$,2*)*'% :%.*;$0<), 0( 2<'*'$;% %+%-%&'*)3 2*)'$#+%,? *&/ *, * #0&,%F<%&#%?

'.% #*,% (0) -*&$(%,'*'$0&5:*,%/ 2+<)*+$,- .%)% $, $&%;$'*:+3 6%*9%)= >.$, $, &0' '0 ,*3 '.*' $' $,

<&'%&*:+%? .06%;%)= =5 92#0%9"/(? %;%& :%(0)% '.% ,#$%&#%, )%;%*+%/ 6.*' 6% &06 9&06 *:0<' '.%

)%+%;*&' (0)#%, *&/ #.%-$#*+ :0&/,? -0+%#<+*) ,')<#'<)%, /$,20,%/ #0-20<&/, '0 :%.*;% $& #%)'*$&

6*3, $& ,2%#$($# #$)#<-,'*&#%,=

k$9% ,0#$*:$+$'35:*,%/ *&/ -%'*2.3,$#*+ &*'<)%5:*,%/ 2+<)*+$,-? -*&$(%,'*'$0&5:*,%/

2+<)*+$,- -*9%, * #0&')$:<'$0& '0 '.% 8%&%)*+ 2)0B%#' 0( <&/%),'*&/$&8 '.% -%'*2.3,$#*+ /$-%&,$0&

0( )%*+$,- $& * 6*3 '.*' )%,2%#', '.% 2)*#'$#% 0( ,#$%&#%= >.*' $,? $' #0&')$:<'%, '0 0<) 0;%)*++

<&/%),'*&/$&8 0( .06 '.% ,#$%&#%, #*& 3$%+/ 9&06+%/8% 0( * -$&/5$&/%2%&/%&' 60)+/ /%,2$'% '.%

)%B%#'$0& 0( '*40&0-$# -0&$,- $&.%)%&' $& $', #+*,,$($#*'0)3 2)*#'$#%,? *&/ /%,2$'% '.% (*#' '.*' %;%&

6$'.$& * 8$;%& '*40&0-$# ,#.%-%? ($&%)58)*$&%/ -%'*2.3,$#*+ #.*++%&8%, '0 )%*+$,- $&%;$'*:+3

)%-*$&= Q)*22+$&8 6$'. '.% -%'*2.3,$#*+ /$-%&,$0& 0( )%*+$,- 02%&, '.% /00) '0 )%+*'$;$,- 0)

2+<)*+$,- $& 6*3, '.*' -*&3 )%*+$,',? &0 /0<:'? 60<+/ )*'.%) &0' '.$&9 *:0<' *' *++= m<' '.$, &%8+%#'

#*&&0' :% $&/<+8%/ $( )%*+$,- $, '0 :% * '%&*:+% %2$,'%-0+083 0( ,#$%&#%= ^0' *++ (0)-, 0( )%+*'$;$,-

0) 2+<)*+$,- *)% $&$-$#*+ '0 )%*+$,-= @( '.% #0&,$/%)*'$0&, 2)%,%&'%/ .%)% *)% #08%&'? '.%)% #*& :%

&0 '%&*:+% ,#$%&'$($# )%*+$,- 6$'.0<' $'=

*F62@SD>BG>I>29;

@ *- 8)*'%(<+ '0 "'%;%& U)%&#.? G*)0& C)$8.'? *&/ '.% <,<*+ ,<,2%#', *' '.% VT" C0)9,.02 $& '.%

@VT"> (0) %4')%-%+3 .%+2(<+ /$,#<,,$0&, 0( *,2%#', 0( '.$, 2*2%)= @ *- %,2%#$*++3 $&/%:'%/ '0

O*''.%6 "+*'%)? (0) .$, $&,$8.'(<+ #0--%&', 0& * 2)%;$0<, /)*(' *&/ .$, ,'%*/(*,' ,<220)' *, %/$'0)

'.)0<8.0<' '.% 2)%2*)*'$0& 0( '.$, $,,<%=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

MW

)>?>7>2F>;

m*)&%,? m=? m= m+00) l t= V%&)3 WXXb1 1-("$%(,(- >$0.7"!<"= k0&/0&1 G'.+0&%=

m$)/? G= M`à1 ?*%4'"@/ A"%*#92/(-/B C*./ *$! &'0#"'%("/= S4(0)/1 ]+*)%&/0&=

]*)&*2? N= WXg`1 Kh-2$)$#$,-? "%-*&'$#, *&/ S&'0+083I? D":4" E$%F'$*%(0$*7" !" &9(70/0#9(" R1 M`5

R`= N%2)$&'%/ $& ]*)&*2? N= WXgb1 A"*$($< *$! ?"-"//(%2B G 1%4!2 ($ 1")*$%(- *$! A0!*7 C0<(-=

].$#*801 j&$;%),$'3 0( ].$#*80 T)%,,=

]*)'6)$8.'? ^= WXXX1 H9" I*##7"! J0'7!B G 1%4!2 0, %9" K04$!*'("/ 0, 1-("$-"= ]*-:)$/8%1

]*-:)$/8% j&$;%),$'3 T)%,,=

].*9)*;*)''3? G= M`à1 G A"%*#92/(-/ ,0' 1-("$%(,(- D"*7(/)B >$0.($< %9" L$03/"':*37"= ]*-:)$/8%1

]*-:)$/8% j&$;%),$'3 T)%,,=

])<,%? T= l e= T*2$&%*< M``M1 K"#$%&'$($# N%*+$,- C$'.0<' N%(%)%&#%I? $& O= O*),0&%' J%/=L? H9"

&'037") 0, D"*7(/)= k0&/0&1 G,.8*'%=

e<2)f? t= WXXP1 H9" I(/0'!"' 0, H9($</ ! A"%*#92/(-*7 M04$!*%(0$/ 0, %9" I(/4$(%2 0, 1-("$-"=

]*-:)$/8%? OG1 V*);*)/ j&$;%),$'3 T)%,,=

h&8+$,.? t= WXaP1 Kj&/%)/%'%)-$&*'$0&1 ])*$8 *&/ N*-,%3I? N04'$*7 0, &9(70/0#92 a`1 RgP5RbM=

h)%,.%(,93? O= WXXd1 K"2%#$%, T+<)*+$,- *&/ G&'$5N%*+$,-I? &9(70/0#92 0, 1-("$-" bg1 W`P5WM`=

Q*+$,0&? T= l e= t= "'<-2 WXXb1 H9" I(/4$(%2 0, 1-("$-"B K04$!*'("/O P0$%"5%/O *$! &0."' = "'*&(0)/1

"'*&(0)/ j&$;%),$'3 T)%,,=

V*)/$&? ]= k= l G= N0,%&:%)8 WXdM1 K@& e%(%&#% 0( ]0&;%)8%&' N%*+$,-I? &9(70/0#92 0, 1-("$-" RX1b`R5bWg=

c.*+$/$? c= G= WXXP1 K]*);$&8 ^*'<)% *' '.% t0$&',I? &9(70/0#92 0, 1-("$-" b`1 W``5WWP=

c$'#.%)? T= WXdR1 K"2%#$%,I? &9(70/0#92 0, 1-("$-" gW1 P`d5PPP=

c<.&? >= WXa`nWXbM1 H9" 1%'4-%4'" 0, 1-("$%(,(- D":074%(0$/= ].$#*801 j&$;%),$'3 0( ].$#*80 T)%,,=

k*T0)'%? t= M``R1 ?*%4'*7 >($!/ *$! P0$-"#%4*7 P9*$<"= ]*-:)$/8%1 ]*-:)$/8% j&$;%),$'3 T)%,,=

k0#9%? t= WXagnWbdX1 G$ =//*2 P0$-"'$($< 84)*$ L$!"'/%*$!($<? T= V= ^$//$'#. J%/=L= S4(0)/1

S4(0)/ j&$;%),$'3 T)%,,=

S9*,.*? "= M``M1 Ke*)6$&$*& O%'*2.3,$#,1 "2%#$%, *&/ '.% s<%,'$0& 0( h,,%&'$*+$,-I? 12$%9"/" WPW1

WXW5MWP=

S22%&.%$-? T= l V= T<'&*- WXgd1 K>.% j&$'3 0( "#$%&#% *, * C0)9$&8 V320'.%,$,I? $& V= U%$8+? O=

"#)$;%&? l Q= O*46%++ J%/,=L? A($$"/0%* 1%4!("/ ($ %9" &9(70/0#92 0, 1-("$-"? ;0+= M= O$&&%*20+$,1

O$&&%,0'* j&$;%),$'3 T)%,,=



*2342 "5467484799: !"#$%&#'#" )$*+#,- *%. /%&0+01#"*+ )$+*&#2#&3

T*2$&%*<? e= M`W`1 KN%*+$,-? N*-,%3 "%&'%&#%, *&/ '.% T%,,$-$,'$# O%'*5@&/<#'$0&I? 1%4!("/ ($

8(/%0'2 *$! &9(70/0#92 0, 1-("$-" RW1 Pag5Pdg=

T$#9%)$&8? G= WXdR1 P0$/%'4-%($< Q4*'R/B G 10-(070<(-*7 8(/%0'2 0, &*'%(-7" &92/(-/= ].$#*801

j&$;%),$'3 0( ].$#*80 T)%,,=

T,$++0,? "= WXXX1 1-("$%(,(- D"*7(/)B 80. 1-("$-" H'*-R/ H'4%9= k0&/0&1 N0<'+%/8%=

T<'&*-? V= WXdW1 D"*/0$O H'4%9 *$! 8(/%0'2 = ]*-:)$/8%1 ]*-:)$/8% j&$;%),$'3 T)%,,=

"+*'%)? O= V= M``g1 KO0&$,- 0& '.% S&% V*&/? T+<)*+$,- 0& '.% S'.%)I? &9(70/0#92 0, 1-("$-" aM1 MM5

RM=

"+*'%)? O= V= M``X1 KO*#)0-0+%#<+*) T+<)*+$,-I? &9(70/0#92 0, 1-("$-" ab1 dgW5dbP=

"'*&(0)/? T= c= WXXg1 KU0) T+<)*+$,- *&/ G8*$&,' N%*+$,- G:0<' "2%#$%,I? &9(70/0#92 0, 1-("$-" bM1

a`5XW=

C0))*++? t= M`à1 KO$)*#+%, *&/ O0/%+,1 C.3 N%20)', 0( '.% e%*'. 0( "')<#'<)*+ N%*+$,- O*3 m%

h4*88%)*'%/I? D02*7 E$/%(%4%" 0, &9(70/0#92 14##7")"$%/ dM1 WMg5WgR=

Documents

Chakravartty, Anjan - Scientific Realism and Ontological Relativity, 2011