51

 · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

  • Upload
    others

  • View
    5

  • Download
    0

Embed Size (px)

Citation preview

Page 1:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

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

132�46587958:<;�58=>5�?A@�BDCE�FHG�IKJML�NOFHPQLSRUTWVXRUNYG�Z[L\F]J+^`_HabF]P�_HFcIKP8dfe#P�ghabP�F]FHJ\abP[g

i�P�akjUF]J�lmakLon*RhTWp�abP�P[FAlmRhL'IqKrtsHuwv e�eXxUVy^3zXZ[ab{|d[abP[g�} vh~h~ i�P�abRhP�^wL�JmF]FHL�^���e��

p�abP[P�FAIKG�Rh{ba|lH}�p����U� q �h�ghRUG8IK{�IKP���_]lH��Z[NOP!��FAd[Z

���Y&[������,D�

�S� F"{bRUgha|_"G[J\RhgUJ'I�NONOabP[g3G8IKJ�Ihd[abghN�G[J\RAj�a|d[F]l�L � F"��IKl\a|l�T�RUJ�I�P�F���abPwL�FHP8lmabRUP8IK{6j`abFH��RUT � abg � FHJ rRUJ�d�F]J�P�RhL\abRUP�l]� �S� a|l�j`abFH��a|l�JmF�IK{bab�HFAd�G�J\abN�IKJ\ab{kn��Qn�FHNOG�{bRAn�abP�g3L � F"L\F]J\NOl�RhTI�L�n�G�FAd�{�I�N"��d�I_AIK{|_�Z�{bZ�l"IhlcJ\FHG�J\F]lmF]PQL'I�L\abRUP�I�{ d[F�j�a|_�FAl"I�P8d��Qn�Z�l\abP[g�IfJ\a|_ � F]J T�RUJmN0RUTZ�P�ab¡�_AI�L�abRUP¢T�RUJ G[J\RU�[abP�gL � FHabJylML�J\Z�_�L\Z�J\F]lH� �� FAlmF�Ihd[d[akL�abRhP8l � I]jwF�abNOG�RUJmL'IKPwLSNOFHL'I r G�J\RhgUJ�IKNONOabP[g"I�G�G[{ba|_AI�L\abRUP�lS��Z�LSL � F�nIK{|lmR*G�RwlmF�P�RhP r L\J\akj`a�IK{£abNOG[{bF]NOFHPQL'I�L�abRhP�G[J\RU�[{bF]N�lH� ¤�P�F�a|l\lmZ�F¥_�RUP�_HF]JmP8l+L � F"N�Ih_ � abP�F�J\FHG�JmFAlmF]P rLtI�L\abRUP�RhT�{�I�N"��d�I�L�FHJ\N�l�lmZ�akLtI���{bFyL�RcL � F]abJ�abPQL\F]P�d[FAdOZ�lmFU¦WIKP3IKd[FA§wZ�I�L�F�FHP8_HR`d[abP[g N"Z8lML�T¨IK_Hab{bakLtI�L�F_HRUNYG�IKJma|lmRUP�RUG�F]J�I�L�abRhP8l�R�jwFHJ+L\F]J\NOl�abP©Ihd[d[akL\abRUP�L\RªlmZ�G�G�RUJML�abP�gOL � F Z8lmZ�I�{DJ\FAd�Z8_tL�abRUP�_HRhNOG�Z�LtI rL�abRUP��£«+P�RKL � F]JWIKlmG�FA_tL£JmF]{�I�L\FAl>L�R+L � F L\J\FAI�L�NYF]PQLDRUT8I�Z[P�ab¡8_]I�L\abRUP"RhG�F]J�I�L\abRUP L � I�L � IKl£I+�[J'I�P8_ � abP�g_ � I�J'IK_�L�FHJ�IKP�dªL � I�L�lmRhNOFHL\abNOFAl_]IK{b{|lT9RUJL � F�d�F]{�I]n`abP�g¥RhT>L � F�lmRh{bZ[L�abRhP*RUTDZ[P�ab¡8_]I�L\abRUP*G�JmRU�[{bF]N�lH�«¬¡�P�I�{�a|l\lmZ�F+_HRhP8_�F]J\P�l#L � F�FH­`FA_HZ�L�abRhP�RhT�gURwIK{|l�� � RUl\F+lML�JmZ8_�L\Z�JmFAl#��FA_�RUNOF]l IKG[G�I�J\F]PwL RUP[{knYabPOL � F_HRUZ[J�lmFcRUTW_�RUNOG[Z[LtI�L�abRhP!� �� F]l\F�jUIKJmabRUZ�l�G�J\Rh��{bFHN�l�I�J\FcF�­�G�RwlmFAdfabP�L � a|lyG�I�G�F]J�IKP�d�lmRh{bZ[L�abRhP8lyL\RL � FHN®IKJ\F�d�FAl\_HJmab��FAd��W«¯l�I�L�a|lmT°Ih_�L\RUJMn�J\F]G[J\F]l\FHPQL'I�L�abRhPYT�RUJ#{�I�N"��d�I�L\F]J\NOl£a|l�d[F�jwF]{bRhG�F]dY�wn"F�­�G�{bRhakL rabP�g�L � FyP�I�NOF]{bF]l\lWP�RKLtI�L�abRUP¥RUT�d[F+z J\Z[a ±mP�Ihl£�XF]{b{�IhlWFH­`G�{ba|_�akL FHP8_�R�d[abP[gwl#RhT�lmZ���lML�akL�Z�L�abRhP8lH�#^`G�F]_Ha�I�{NOFA_ � IKP[a|lmN�l#IKJmF�NORU{|d�FAd"abPQL�R�L � F�lML�JmZ8_tL�Z�JmFyRUT�L�J�Ihd[akL\abRUP8IK{�²WJ\Rh{bRUgcabNOG[{bF]NOFHPQL'I�L�abRhP8l6L\R lmZ�G�G�RUJML��J'I�P8_ � abP�g abP�Z[P�ab¡�_AI�L\abRUP3I�P8dO_AIKJmJmn`abP�g RUT�Z�P[ab¡8_]I�L�abRhP�G�JmRU��{bFHN�l#R�jwFHJ RKL � F]J _HRUNYG�Z[L'I�L\abRUP�lML�FHG8lH³I�G�JmF]NOabZ[N´a|l�G�{�IK_HF]dµabPµL � a|lª_HRhPQL\FH­`LªRhP¯F�­�G�{bRhakL�abP[g¶d[F�L�FHJ\NOabP[a|l\N)IKP�dµRUPµFHN"Z�{�I�L�abP[g¢Z8lmZ�I�{¡�J�lML r RUJ\d[FHJX��F � IHj�abRUZ[J]�#«�P3F�­`L\F]P8d�FAd�_HRUNYG�ab{�I�L\abRUP�NOR�d�F]{�a|lXG[J\FAlmFHPQL�F]dYL � I�LXL\J\FAI�L'l � abg � FHJ r RUJ�d�F]JZ�P�ab¡�_AI�L�abRUP·IKP8d¶IK{|lmR � I�P8d�{bFAl"d`n�P�I�NOa|_AI�{b{kn¢F]NYF]J\ghF]PwL�gURQI�{|lH� �� F3a|d�F�Ihl"d[F]l\_HJ\ab��FAd � FHJ\F � I]jUF��F]FHP©F]NOG[{bR�nUFAd�abP�L � F¹¸8º�»M¼t½�¾yabNOG[{bF]NOFHPQL'I�L�abRhP�RUT#L � FO¿�²WJ\Rh{bRUg*{�I�P�gUZ8IKghFU}DIªT°Ih_tL�L � I�L�a|l�Z8lmF]dL�RYRU��LtIKabP�I"G�J\FH{babNOabP�I�Jmn*Ihl\lmFAl\lmNOF]PwLyRhTDL � F]abJyF]ÀO_]Ih_�nU�Á�ÂwÃ�Ä 2�CK=6ÅKÆ {�I�N"��d�IO_]IK{|_�Z�{bZ8lH}�abPQL\F]P�l\abRhP�I�{ � abg � F]J r RUJ\d[FHJ�G�JmRUghJ'IKNYNOabP�g[} � abg � FHJ r RUJ�d�F]J+Z[P�ab¡8_]I rL�abRUP�}�IK�8lML\J'Ih_tLyNªIh_ � abP[FU}�_HRhNOG�ab{�I�L�abRhP!�

Ç È �������c "%",D�������

VXZ8lML\RUNªI�Jmn�Ih_H§QZ8IKabPQL'IKP�_HFW�yakL ��� abg � FHJ r RhJ�d�F]J!P�RKL�abRUP�l�abPcG[J\RhgUJ'I�NONOabP[gSJmF]{�I�L\FAl�L�RL � F#abNOG�F]J'I�L�akjUFRUJ>T�Z�P8_tL�abRhP�IK{hG�JmRUgUJ�IKNONYabP�gSG�I�J'IKd[abgUNOl]��ÉÊakL � abP�L � F]l\F#T�J'IKNYFH�RhJ\Ë`l]}AT9Z[P8_tL�abRUP�l>IKJ\F#F]§QZ�I�L�F]d��yakL �L � F NOFHL � R`d�l>T9RhJ£_�RUNOG[Z[L�abP[g�L � I�L#IKJmFXFHN"��R`d[abFAdcabP�G[J\R�_�FAd�Z�J\F]lH�6Ì+abg � F]J r RUJ\d[FHJ\P�F]l\lDL � FHP"_HRhP8lma|lML'lRUT�L � F�IK�[ab{bakL�nOL\R"Rh��±MFA_�L\abT�n�lmZ8_ � T�Z�P�_�L�abRhP8lSI�P8d�}`L � F]J\FH�QnU}`L\R�F]N"��FAdOL � FHNÍabP*d8I�LtIcRUJXG8Ihl\l L � F]N

s

Page 2:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

IhlcIKJmgUZ�NYF]PQL�l�L�R*RhL � F]J�T9Z�P�_�L\abRUP8lH�Op�IKPwn�abPwL�F]JmFAlML�abP[g�I�G�G�{ba|_]I�L\abRUP8l � I]jUFY��F]F]P©T9RhZ�P8d�T9RhJclmZ8_ �_AIKG8IK�[ab{bakL�abFAlH�WÌ+RA�FHjUF]JH}`I�{b{[RUT8L � FAlmFyIKJmFyd[F]G�F]P�d[F]PwL#RUPOI�Z[P�abT9RhJ\N º ��� º���¾������� ]j�abF��<RUT�T�Z�P�_�L�abRhP8lH���P�G�IKJML�a|_�Z�{�IKJH}8L � FcRhP�{kn*RU��l\FHJmjhIK��{bF�IhlmG�FA_�L�RhT#lmZ8_ � RU�`±mF]_�L'lSa|lyL � FHabJ�I���ab{bakLon*L�RYL\J'IKP�lmT9RUJmN gUakjUF]PIKJ\ghZ�NOFHPQL�lSabPQL\RYJmFAlmZ�{kLyjUI�{bZ�F]l]��>RhgUa|_3G�J\RhgUJ�IKNONOabP[g � IKl"L � F*G�RKL�F]PwL�a�I�{ST9RUJYlmZ�G�G�RUJML�abP�g�I©d�a���F]JmF]PwL3I�P8d�} abPµlmRhNOFflmFHP8lmFAlH}

NORUJmFYl\RhG � a|lmL\a|_AI�L�FAd�Z[P8d�F]J�lML'IKP8d�abP�g*RUT � abg � FHJ r RhJ�d�F]J�P�RKL�abRUP�l�� ����� ����Z�P�_�L\abRUP8l�IKJmFYZ8lmF]d���akL � abPL � a|l�G�I�J'Ihd�abgUN�IhlXI�NYF�IKP�l�T9RhJX_�RUP8lML\J\Z8_tL�abP[g�d[FAl\_�J\abG[L\abRUP�l RUT�Rh��±MFA_�L�lH��^QZ8_ � d[FAl\_�J\abG[L\abRUP�l_]IKPO��FFH­�I�NOabP�F]d3�wn3NOFAIKP�lRUTDZ�P[ab¡8_]I�L�abRhP!}8I�PfRUG�F]J�I�L�abRhP*L � I�Lya|lZ8lmF]T�Z�{�abP3L � FcI�P�I�{kn[lma|lSRUT���� � º���¾������¾'�� J'IKd[akL\abRUP�I�{�{bRUgUa|_SG[J\RUghJ'I�NONOabP�g�{�IKP[gUZ8IKgUF]lWNªIKP[abT9FAlML�I��XF�IKË�F�­�G�{bRhakLtI�L�abRUPYRhT8L � a|l#_AIKG8IK�[ab{bakL�n"��F r_AIKZ�lmF L � FHnfG�F]J\NYakL�RUP�{knfabP8d�akj�a|d[Z8IK{¨}�P�RhP r T�Z�P�_�L�abRhP!}�RU��±MFA_tL'l�Ihl�jhIK{bZ�F]lH��Ì+R��XFHjUF]J]}�akL�a|l�G�Rwl\lmab��{bFL�R¥l\Z[G�G�RUJmLL � F�G[J\Rh��abP�g"RUT>T9Z[P8_tL�abRUP*lML�JmZ8_�L\Z�JmF�abP*gUFHP`Z�abP[F]{kn � abg � F]J r RhJ�d[FHJ�yIHn[l�Qn�abPQL\J\R`d[Z8_�abP�gI©NOFA_ � I�P�a|lmN l\Z�_ � Ihl¥L � F*L�F]JmN�l¥RUT�I�{�IKN"��d8I©_]IK{|_�Z�{bZ8lOT�RUJYF]P�_HR`d[abP�g�T9Z�P�_�L\abRUP<Rh��±mF]_�L�l�I�P8d�Qn�_�RUNOG[{bF]NOFHPQL\abP�gYL � a|l���akL � J\a|_ � FHJ�P�RKL�abRhP8l+RUT£jhIKJ\a�I���{bF]l�I�P8d�Z�P�ab¡�_AI�L�abRUP�� �� F Z8lmZ�I�{DT9RUJmN RhT� abg � F]J r RUJ\d[FHJG�JmRUgUJ�IKNONYabP�g�_AI�Pª��F�JmF�IK{bab�HFAd3lmabNOG[{knO�wn�Z8lmabP�g L � F�IK�[ab{bakL�nOL�R�J\FHG�J\F]lmF]PQLT�Z�P8_tL�abRhPjUIK{bZ[FAd*RU�`±mF]_�L'lyIKP�d*L � F�FH­`L\F]P�l\abRhP�I�{�abPQL�FHJ\G[J\FHL'I�L\abRUPf�[Z�ab{kL+abPwL�R¥{bRUgUa|_�G[J\RUghJ'I�NONOabP�g¥RhT6RhP�F�ËQabP8dRUT>T9Z�P�_�L\abRUP!}`P�IKNYF]{knw}`G�J\F]d[a|_]I�L�F]lH� �S� F�J\a|_ � FHJSabPwL�F]P�lmabRUP�I�{�j`abFH�ÊRUT>T9Z[P8_�L\abRUP�lR���F]J\lH}[abPfIhd[d[akL�abRhP!}NªIKPwn�G�Rwl\lmab��ab{bakL\abFAl�L � I�L � I]jUF"P�RKL���FHF]P©lMn[lML\F]NªI�L�a|_AI�{b{kn�l\Z[G�G�RUJmL\FAd��wn�IKPwn�G[J\F�j�abRUZ�l�G[J\RhgUJ'I�N rNOabP�g*G�IKJ�Ihd�abgUN�� � R�_�RUP8lma|d�F]J�RUP[FYabNOG�RUJmL'IKPwL d[abJmFA_tL�abRUP�}>L � F�IK�[ab{bakL�n�L\RfZ�l\FY{�I�N"��d�IªL�FHJ\N�l�IhlJ\F]G[J\F]l\FHPQL'I�L�abRhP�I�{£d[F�j�a|_�FAl�{bFHP8d�l�akL'lmFH{bT#�XF]{b{DL�R*I�P�IK��lmL\J'IK_�L�j`abFH��RhT�lmn`PQL'I�­fL � I�L�L\J\FAI�L'l+�[abP8d[abP[gP�RhL\abRUP�lOF�­�G�{ba|_�akL�{kn � v�! } q8s � }{bFAIhd�abP�g�L � F]JmF]�wn¶L�R�NªI�PQn¶P[R�jUF]{yNOFHL'IK{�I�P�gUZ8IKghF�IKG�G[{ba|_AI�L�abRUP�lOT9RhJ{bRUgUa|_�G�J\RhgUJ�IKNONOabP[g#"\º%$'&($b}�lmFHF)���Q} s �`} s*! } s*+ } qQ~ ��,t�

É � ab{bF L � FHJ\F�a|l�_�RUP8lma|d�F]J'I���{bF"IKG�G[{ba|_AI�L�abRUP�G�RKL�F]PwL�a�I�{DT9RUJ � abg � F]J r RhJ�d[FHJ�T�F�I�L\Z�JmFAl+abP�{bRUgha|_�G[J\R rgUJ'I�NONOabP[g�}6L � F*IKd�d[akL\abRUP¶RUT�lmZ8_ � T�F�I�L�Z�JmFAl¥I�{|lmR�J'I�a|l\F]l"lmabgUP[ab¡8_AI�PQL¥abNYG�{bF]NYF]PQL'I�L\abRUP¢G�JmRU�[{bF]N�lH�¤�P[F�_AI�L�F]ghRUJMnªRUTDG�JmRU�[{bF]N�lyIKJ\a|lmF]lST9JmRUNÍL � F�Z�lmF�L � I�Lya|lNªIhd�F�RhTDL � F�L�FHJ\N�lXRUT£I�{�IKN"��d8I"_AI�{|_HZ r{bZ8lXFAl\lmF]PQL\a�IK{b{kn3IKld8I�LtI lML�JmZ8_�L\Z�JmFAlH� �� a|la|lSI�L�J\Z[{kn�P�RAjwFH{�JmRU{bF�T�RUJlmZ8_ � L\F]JmN�l abP3G�JmRUgUJ�IKNONYabP�g�}IKP8d�IOJ\FHG�JmFAlmF]PwLtI�L\abRUP�N"Z8lML���F"d�FHjwFH{bRUG�FAd�T9RhJ�L � FHN L � I�L�lmZ�G[G�RUJML'l�L � F]abJ�Z8lmF�abP�L � a|l�_AI�G�Ih_�akL�nU�« l�I�L�a|lmT¨IK_�L�RhJmn�JmF]G�JmFAlmF]PwLtI�L�abRUP¹l � RUZ�{|d�G�FHJ\NOakL L � FªF�­�I�NOabP�I�L�abRUP¢RhTSL\F]J\N lML�J\Z�_�L\Z�J\F3I�P8d�N"Z8lMLT¨Ih_�ab{bakLtI�L�F�L � F�_HRhNOG�I�J\a|lmRUP3RhT>L\F]JmN�labP�I"lmakL\Z�I�L\abRUP3� � F]JmF�L � F�G�IKJML�a|_�Z�{�IKJSP8IKNOF]lRhTD��RUZ[P8dªjUI�J\a rIK��{bF]lcI�J\F¥Z�P[abNOG�RhJmL'IKPQL]}�abP�Ihd[d[akL�abRhP©L\R*FHÀ�_�abF]PwL�{kn�lmZ�G[G�RUJML�abP[g3L � F"Z8lmZ8IK{£J\FAd�Z8_tL�abRUP©RhG�FHJ'I�L\abRUPRUP�L\F]J\NOl]�O«+P�RKL � F]J _�{�Ihl\l�RUTXG[J\RU�[{bF]N�l�J\F]{�I�L�F]l�L�RfL � FYT¨IK_�L�L � I�L�L � FYZ�P�ab¡�_AI�L�abRUP�_HRUNYG�Z[L'I�L\abRUPRUP�{�I�N"��d�I"L\F]JmN�lH}�Ë`P[R��yP�Ihl � abg � F]J r RhJ�d[FHJ�Z�P[ab¡8_]I�L�abRhP-� vK~ � }8G�Rwl\lmFAl\lmFAly_ � IKJ�Ih_�L\F]Jma|lmL\a|_]lSL � I�L�I�J\Fd[a|lML�abP�_�L�T9JmRUN L � RwlmF�RhTWL � F"_HZ8lML\RUNªI�Jmn*¡�J�lML r RUJ\d[FHJ�Z[P�ab¡�_AI�L\abRUP��.�oP�G8IKJmL\a|_HZ[{�IKJ]}�G�FHJ\T�RUJ\NYabP�gOL � a|lRUG�FHJ'I�L�abRUP¯NªI]n.abPwjwRU{kjUF�I���J�IKP8_ � abP[g·lmF�IKJ\_ � IKP�dµakL*NªI]nµI�{|lmR¶��F�P�F]_HF]l�l�I�Jmn.L\R¢L�F]NYG�RUJ�IKJmab{kn/ lmZ8lmG�FHP8d106L � Ff_HRUNYG�Z[L'I�L\abRUP¹��FHT9RUJmF�I�Z[P�ab¡[F]JYa|l"T9RhZ�P8d��·^`Z[akLtIK�[{bFfd�n`P�IKNYa|_3lmZ�G�G�RUJMLYN"Z8lML"��Fd[FAl\_�J\ab��F]d¶T�RUJ"��RKL � T¨Ih_�FHL�l]��«�L � abJ�d.IhlmG�FA_�L�L � I�L¥P�FHFAd[l¥l\G�FA_�a�IK{S_�RUP8lma|d�F]J'I�L�abRhP·a|l�L � F3NOak­�abP[gRUTyabPwL�FHP8lmabRUP8IK{IKP�d¢F�­`L�FHP8lmabRUP8IK{#j�abF��+l RUTSG[J\FAd�a|_AI�L�FªRh��±MFA_�L�lH� �� FHJ\Fªa|l"I�d[a|lML�abP�_�L�abRhP¹��FHL��XF]FHPFH­�I�NOabP�abP[gOL � F"lML�JmZ8_�L\Z�JmF RUT I�P�Rh��±mF]_�L�IKP�d�Z8lmabP[gªL � a|l+lmL\J\Z�_�L�Z[J\FcL�Rªd[F�L�FHJ\NOabP[FcL � F abPwjwR`_AI�L\abRUPRUT�_HR`d[FU�©« l�I�L\a|lmT¨Ih_tL�RhJmn�NYFHL � R�d�N"Z�lML"��FªG[J\R�j`a|d[F]d¹T9RhJ"JmF�I�{bab�]abP�g�L � F3lm�yakL'_ � ��FHLo�F]FHP¢L � F]lmFJ\RU{bF]lH�2�6abP�I�{b{knw}�IKPwn*NªIK_ � abP[F]JMn3L � I�L+a|l+d�FAlmabgUP[FAdfT9RUJ+lmZ�G[G�RUJML�abP[gOL � FcP[FH��T9F�I�L�Z[J\FAlyN"Z�lmLy��FcabP rL�F]JM�RAjwF]PªabPQL�R L � F�J\Z[P r L\abNOF�d�FHj`a|_HFAlSIKP�d3IKG�G[J\RwIh_ � FAl L\R"_HRUNYG�ab{�I�L\abRUP�L � I�LyIKJmF�_HRhNONORhP�{knYZ8lmF]dabP�{bRhgUa|_�G�JmRUghJ'IKNYNOabP�g"abNOG�{bFHNOF]PwLtI�L�abRUP�� �� F�G�J\RhG�FHJ+_�RUN"�[abP�I�L�abRUP*RhTWI�{b{�L � FAlmF�NYFA_ � IKP[a|l\NOlabPRUP�FclMn[lML\F]N a|lSakL'lmF]{bT£I"P�RhP r L�J\akj`a�IK{!a|l\lmZ�FU�

v

Page 3:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

É�F3_HRhP8lma|d[FHJ¥IK{b{ L � FAlmFªG[J\RU�[{bF]N�l abP¹L � a|l�G8IKG�F]J¥IKP�d¢�XF3d[FHjUF]{bRhG¶NYFHL � R�d[l T9RhJ¥Ihd�d�J\F]l�lmabP[gL � FHN��.�8RhJ+L � F"l�IKËhF�RUT�_HRhP8_HJmFHL\F]P�F]l\l]}��XF¥d�FAl\_HJmab��F"RhZ�J�P�F���abNOG[{bF]NOFHPQLtI�L�abRhP�a|d[F�IKl+��akL � abP�L � FT9J'I�NOFH�XRUJmË�RUT�L � F ɹIKJmJ\FHP"«+��lML�J'IK_�LWp�Ih_ � abP[F "9É©«�p ,�� q �%� }wIyG�RUG[Z�{�I�JDjwF � a|_�{bFT�RUJDJmF�IK{bab�HabP�g�{bRhgUa|_G�J\RhgUJ�IKNONOabP[g�{�I�P�ghZ�IKghFAlH��¤�P�F RUT#RhZ�J�_HRUPwL�Jmab��Z[L\abRUP�l�JmF]{�I�L�FAl�L\R�L � F�JmF]G�JmFAlmF]PwLtI�L�abRUP�RUTW{�I�N"��d�IL�F]JmN�lH�fÉ�Fª_AI�J\F]T�Z�{b{kn�a|d[F]PwL�abT�n�L � F3d�a���F]JmF]PwL"a|l\lmZ�FAl�L � I�L"��FA_�RUNOFOJ\FH{bFHjUI�PQL � � F]JmF�L � FAlmFOL\F]J\NOlIKJ\FYZ8lmFAd�abPwL�FHP8lmabRUP8IK{b{kn�IKP8d��F�d�FHjwFH{bRUG¹I�P�F]P�_HR`d[abP�gfT9RUJ�L � F]N�L � I�L Z[L\ab{bab�]F]lcNOF]_ � IKP�a|lmN�l�T9RhJF]{babNOabP8I�L�abP[gY��RUZ�P�dªjUI�J\a�IK�[{bF�P8IKNOF]l � u �>IKP8d3T9RhJy_AIKG�L�Z[J\abP�gYlmZ[�8lML�akL\Z[L�abRhP8labP3L�F]JmN�l � � u ��L�RA�yIKJ\d�lIhd�d�J\F]l�lmabP[g�L � F]lmF*a|l\lmZ�F]l]��É�FfIK{|lmR©RUZ�L�{babP[F�I�{bR�� r {bFHjUF]{J\F�I�{bab��I�L�abRUP·RUT+lmZ8_ � IKP·FHP8_�R�d[abP[g�I�P8d�F�d[a|l\_HZ�l�l�L � F�abPQL�FHgUJ�I�L�abRhP*RhT!RUG�FHJ'I�L�abRUP�lRhP3L � F]l\F+L\F]J\NOlXabPwL�RYI�P�I��8lML�J�Ih_tLSN�Ih_ � abP�F�lML�JmZ8_�L\Z�JmFU�«+P�RKL � F]J�_�RUPQL\J\ab�[Z[L�abRhP�a|l+L � F"d�FHjwFH{bRUG[NOF]PwL�RUT�NªIK_ � abP�F]JMn�T�RUJ�lmZ�G�G�RUJML�abP�g�L � F"lmG�F]_Ha�I�{£P[F]F]d�l�RhT� abg � F]J r RUJ\d[FHJcZ[P�ab¡�_AI�L\abRUP�� ��P©L � a|l�d[abJmFA_tL�abRUP©�XFU}>¡[J�lMLcRhTIK{b{¨}Dd[FAl\_�J\ab��F�I�P�FH­`G�{ba|_�akL FHP8_�R�d[abP[gfRhTZ�P�ab¡�_AI�L�abRUP·G[J\Rh��{bF]NOl�L � I�L"FH­�G[{bRUakL�l"L � F3NªI�P�P�FHJ"abP¶� � a|_ � L � FAlmF*F�jwRh{kjwFªL�R�T�RwlML�FHJ¥l � IKJmabP�g©abPL � FHabJyJmF]G�JmFAlmF]PwLtI�L�abRUP��£É�FcI�{|l\R¥G[J\RhG�RwlmF�NOF]_ � IKP�a|lmN�l�L � I�L�IKJmF�lmZ�akLtI���{bF�T�RUJSJ\FAIK{bab�HabP�gY�[J'I�P8_ � abP�gabP¯Z�P[ab¡8_]I�L�abRhPµL � J\RhZ�g � I�d[F]G�L ��r ¡�J\lML3lmF�I�J�_ � JmF]gUabNYF]P.��akL � L � F�G�Rwl\lmab��ab{bakL�n<RhT��8Ih_'ËwL�J�Ih_'ËQabP�g[��£abP8IK{b{knw}yJmFA_HRhgUP[ab�]abP�g�L � I�Lª��J'I�P8_ � abP�g¹lmFAIKJ�_ � a|lH}SabP¯gUFHP�FHJ'IK{¨}y_�RUNOG[Z[L'I�L�abRhP�I�{b{kn.F�­�G�FHP8lmakjwFh}�Fd[FAl\_�J\ab��F�I�G�JmR�_HF]l\l\abP[g�lML�J\Z�_�L\Z�J\FyL � I�LXT°Ih_Hab{bakL'I�L\FAl�L � F�I�G�G�{ba|_]I�L\abRUPªRhT!lmG�FA_�a�IK{�d[F�L�F]JmNOabP�a|lML\a|_+lML�FHG8lIKP8d"L � I�L�d�F]{�IHn[l£L � F�_HRhP8lma|d[FHJ'I�L�abRUPYRhT���J'I�P8_ � abP�g�Z[PQL�ab{8IKT�L�F]J#lmZ�_ � lML\F]G8lH�£i�lmabP[g�L � a|l�IKG[G�JmRQIh_ � akLa|l�G�Rwl\lmab��{bF�L\RYL\J\FAI�L�¡[J�lML r RUJ\d[F]JyZ[P�ab¡8_]I�L\abRUP�I�{bNORwlMLyFH­[Ih_tL�{knfIhlyakLy�RUZ[{|df��F�L\J\F�I�L�F]dfabP�IO²WJ\Rh{bRUgabNOG�{bFHNOF]PwLtI�L\abRUP�}yI©T¨IK_HF�L�JmFA_�RUgUP[ab�]F]d.L\R���F�abNOG�RhJmL'IKPQLOFHjwFHP<abP � abg � FHJ r RhJ�d�F]JOG�J\RhgUJ�IKN�l � v � � ��S� FY¡[P�IK{#_HRhPQL�Jmab��Z�L�abRUP�RhT L � a|l�G�IKG�F]J�J\F]{�I�L�F]l�L�Rf_HRUNYG�ab{�I�L\abRUP��"É¢F¥G�JmRUG�RUlmFYF]P � I�P8_HFHNOF]PwL'l�L\RL � FYlML�J\Z�_�L\Z�J\F¥RUT�L � F"É©«�p´IKP�d©NOR`d[ab¡8_]I�L\abRUP8l�L�R*akL'l�abP8lML�JmZ8_tL�abRUP�lmFHL�L � I�L�L�RhgUF�L � FHJ�J\FAIK{bab�]F�I_HRUNYG�ab{bFAd�F�­�FA_�Z[L\abRUPªRUT>G[J\RhgUJ'I�N�l abPfI � abg � FHJ r RUJ�d�F]JX{�IKP[gUZ8IKgUFh�£É�F�IK{|lmR�RUZ�L�{babP�F�abPªL � a|l_�RUPQL\FH­QLI"L\J\FAI�L�NYF]PQLSRUT>L � F�L�J�IKP�l\akL\abRUPf��F�L��XF]F]P*abPQL\F]P8lmabRhP�IK{>IKP�d*FH­QL�FHP8lmabRUP8IK{!JmRU{bF]lyRUTDG�J\F]d[a|_]I�L�F]lH�

�S� F+a|d[F�IKl#L � I�L��F�d[F�jwFH{bRUG�abPOL � a|l G8IKG�FHJ � IHjwF�Icl\G�FA_�a�IK{8G�J'IK_�L\a|_AIK{8J\FH{bFHjhIKP8_�FU¦6L � F�n�I�J\F+Z8lmF rT9Z�{>L�ROL � F�abNYG�{bF]NYF]PQL'I�L\abRUP�RUT£L � F�{bRhgUa|_ G�JmRUgUJ�IKNONYabP�gO{�I�P�gUZ8IKghFY¿�²WJ\Rh{bRUg � � q � � �� a|l+{�IKP[gUZ�I�gUFIh_�L\Z�I�{b{knfFHN"��R`d[abFAlLo�ROF�­`L�FHP8lmabRUP�lSL�R�IO²WJ\Rh{bRUg r {babËUF�{�IKP�ghZ�I�gUFcabP�Ihd[d[akL�abRhPfL�R¥L � F � abg � FHJ r RUJ�d�F]JT9F�I�L�Z[J\FAl _HRhP8lma|d[FHJ\FAd � F]JmFU�#�oP¢RUP�Fªd�abJ\F]_�L�abRhP!}£akL"NªI�ËUF]lcJma|_ � FHJ�Z�l\F�RhTS{bRUgha|_AIK{X_HRhP�P�F]_�L\akjwFAl�I�P8d§QZ�I�PQL\ab¡�F]J\l L�R�abPwL�J\R`d[Z�_HFªP�RKL�abRUP�l RUT�l\_HRUG[abP�g � vKu � � ��P·I�P�RhL � FHJ"d[abJmFA_tL�abRUP�}#akL"abP8_�{bZ8d�FAl¥I�G�Rh{kn rNORUJmG � a|_�L�n`G�abP[g©J\F]ghabNOF]P � � + � �¶z RhL � IKl\G�FA_tL'l"J'I�a|lmF*P[FH� §QZ[FAlML�abRhP8l"T�RUJ¥abNOG[{bF]NOFHPQLtI�L�abRhP¹L � I�L�F � I]jUF�IKd�d[JmFAl\lmFAd¶FH{|l\F�� � F]J\F � vUv } ����� � �S� F*NªIh_ � abP�FHJmn�L � I�L¥�Ffd�FAl\_HJmab��F � F]J\F*�[{bF]P�d�l"�XF]{b{��akL � L � FAlmF¥RKL � F]J�NOF]_ � I�P�a|lmN�l�I�P8d�I�{b{#RUZ[J�a|d[FAIhl � I]jUFU}!abP©T¨IK_�LA}���FHF]P�IKN�IK{bgQI�NªI�L\FAd�abP¢IªP[FH�abNOG�{bFHNOF]PwLtI�L\abRUP3RUTW¿�²WJ\RU{bRhgO_AIK{b{bF]d¬¸8º�»M¼t½�¾ � � ! � �

�S� F¥J\FAlML�RhT�L � a|l�G8IKG�FHJ�a|l�lmL\J\Z�_�L�Z[J\F]d�Ihl�T�RU{b{bRA�+lH� �oP�L � F¥P�FH­QLclmFA_�L\abRUP��XFYa|d[FHPQL\abT�n©I3{bRhgUa|_G�J\RhgUJ�IKNONOabP[g+{�I�P�ghZ�IKghF L � I�L6FHN"��R`d[abF]l!L � F � abg � F]J r RhJ�d[FHJ6T�F�I�L\Z�JmFAl>L � I�LWIKJ\F G�JmFAlmF]PwL�{kn�RUT[abPQL\F]J\F]lMLIKP8d¥�F+_ � IKJ�Ih_�L\F]Jmab�]F+_�RUNOG[Z[LtI�L�abRhPOabPYL � a|l�{�IKP[gUZ�I�gUFh� �oP3^`F]_�L�abRhP �`}w�F�J\FH¡�P�FSL � F+d[F]l\_HJ\abG�L�abRhP�RhT_HRUNYG�Z[L'I�L\abRUP�abPQL\R�RhP�F+L � I�LG�JmR�j`a|d[FAl�L � F��8Ihlma|l T9RhJXabNOG[{bF]NOFHPQLtI�L�abRhP��wnORUZ�L�{babP[abP�g L � F�lML�JmZ8_�L\Z�JmFRUTWL � F � abg � F]J r RUJ\d[F]J�Z[P�ab¡8_]I�L\abRUP�RhG�F]J�I�L\abRUP©IKP�d�Z�lmabP�g�L � a|l+L�R3d[F�jwFH{bRUG©IKP©IK��lML�J'IK_�L�abPQL�FHJ\G[J\FHL\F]JT9RUJ*L � F�{�I�P�ghZ�IKghFU� �S� F�JmF]NªI�abP8d[FHJfRhT L � a|lfG�I�G�FHJ�_�RUP�_HF]JmP8l�I¶{bRA� r {bFHjwFH{�J\F�I�{bab��I�L�abRUP RhT L � a|labPQL�FHJ\G[J\FHL\F]JH� �oP©^`FA_tL�abRhP q }8�F�d�a|l�_�Z8l\l+a|l\l\Z[FAl�J\F]{bF�jUI�PQL+L�ROL � F J\F]G[J\F]l\FHPQL'I�L�abRhP�RUTW{�I�N"��d�I¥L\F]J\NOlIKP8d�d[a|lML\ab{b{WT9J\RhN L � a|l�I�P�F]P�_HR�d�abP�g3T9RhJ�L � F]N L � I�L�_]IKP���F"Z8lmFAd�abP�IKP�Ih_�L\Z�I�{£abNYG�{bF]NYF]PQL'I�L\abRUP!��S� F#T9RU{b{bRA��abP[g+lmFA_�L\abRUP�abPQL�FHgUJ�I�L�F]l�RUZ�J�L�F]JmN J\F]G[J\F]l\FHPQL'I�L�abRhP�abPwL�R+IKP�R�jUF]J�IK{b{w_HRhNOG�Z�LtI�L\abRUP8IK{hNOR`d[F]{IKP8d¥G[J\RUG�RwlmFAlWP[FH�<N�Ih_ � abP�FHJmn�T9RhJWL � FSJ\FAIK{bab��I�L�abRhPORhT � abg � FHJ r RUJ�d�F]JWZ�P�ab¡�_AI�L�abRUP�� ^QFA_tL�abRUP ��NªI�ËUF]l

Page 4:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

FH­�G[{ba|_HakLIKPYFH­QL�FHP8d[F]dOI��8lML�J�Ih_�L�NªIK_ � abP�F�lML\J\Z8_tL�Z[J\F+I�P8dY_HRhP8lma|d[FHJ�lWL � F�_HRhNOG�ab{�I�L�abRhPORhT�¡�J�lML r RUJ\d[FHJ{babËUF3Z[P�ab¡8_]I�L\abRUP·Ihlc�FH{b{SIhl L � F�L\J\FAI�L�NYF]PQL RUT � abg � F]J r RhJ�d[FHJ¥IhlmG�F]_�L'l JmF]{�I�L\akjwF�L�R�L � a|l NªIh_ � abP[FU�^`FA_tL�abRhP ! d[a|l\_HZ�l\l\F]lSJ\F]{�I�L�F]d3�RhJ\Ë*IKP�df_HRUP�_H{bZ�d[FAlL � F�G8IKG�F]J]�

� � �����+�����������! "����(*������%��y���

�S� F+{bRUgha|_AIK{�{�I�P�ghZ�IKghF�� � RwlmF+abNOG�{bFHNOF]PwLtI�L�abRUP¥�F�_HRhP8lma|d[FHJ abP�L � a|l G8IKG�F]J a|lIKP3I�P�IK{bRhgUZ[F���akL � abPV � Z[J�_ � 0 lc^`abNOG[{bF �S� F]RUJMn�RhT � n�G�FAl � s]~ �#RhT�L � FYÌ+RUJmP�_�{�IKZ8lmF¥{�I�P�gUZ8IKghF¥L � I�L�Z[P8d[FHJ\{babF]l ²WJ\Rh{bRUg[�V � Z[J�_ � 0 ly{bRUgha|_ca|l�RhP�F�L � I�L+��Z[ab{|d�l�RUP�I"Lon�G�F]df{�IKN���d8I¥_]IK{|_HZ[{bZ8lH� �oPfL � FcabPQL\F]J\G[J\F�LtI�L\abRUPf�XF Z�lmF� F]JmFU}wL � FyL�n`G�F]lXIKJ\F+_HRhP8lML�JmZ8_tL�FAdYT9JmRUN®ghakjwF]P�lmFHL�l�RUT�l\RhJmL�lXIKP8dYLon�G�F�_�RUP8lML\J\Z8_tL�RhJ�lH}QFAIh_ � FH{bF]NOFHPQLRUT#L � F"{�I�L\L\F]J�lmF�L���FHabP�gfI�L\L\J\ab�[Z[L�F]d©Iªl\G�FA_�ab¡8_¥I�J\akL�nU� �S� FYlmF�L�RUT lmRhJmL'l�abP�akL\a�IK{b{kn�_HRUPwLtI�abP8l��`}�L � FL�n�G�F�RUTSG[J\RUG�RwlmakL�abRhP8lH}#IKP8d�RhL � F]J\l�lmZ8_ � Ihl������'}��� ��o}yº ��� }6��akL � Rh�Qj�abRhZ8l abPQL\F]JmG�J\F�LtI�L�abRUP�lH�fÉ�FIK{|lmR�IKl�lmZ[NOF�L � F IHjUIKab{�I���ab{bakLon*RhT£I�Ly{bFAIhlMLyL � F�Z�P8IKJMnª{ba|lmLSL�n`G�Fc_�RUP�lmL\J\Z�_�L�RhJ��������t��zXRKL � L � FAlmF�l\F�L'lN"Z8lML���F�I�Z�ghNOF]PwLtIK�[{bF¥d�n`P�I�NOa|_AI�{b{kn�abP¢IªG�JmRUgUJ�IKNONYabP�g*lmakL�Z8I�L\abRUP!}DIªT¨Ih_tL�L � I�L��F"��ab{b{WZ[L�ab{bab�HFabNOG�{ba|_�akL�{knw� �� F+T9Z�{b{�_�RU{b{bF]_�L�abRhPªRUT�L�n`G�F]l a|l�L � F�l\N�IK{b{bFAlMLXlmFHLl�I�L\a|l\T�n�abP[g L � F+T9Rh{b{bR���abP[g�G�J\RhG�FHJmL�abF]lH¦"°a ,#FAIh_ � l\RhJmLXa|lI�L�n`G�Fh} "°aba ,WabT������������������OIKJmF+L�n`G�F]lXIKP8d! �"$#fa|lXRhT>IKJmakL�n%�£}QL � FHP "& ��'�(�������)� ,a|l�I¥L�n`G�Fh}�I�P8d "°ababa ,SabT��.I�P8d+*·IKJ\FcLon�G�FAlH}8L � FHP�lmROa|l "&�-,.* ,t�S« T9Z�P�_�L\abRUPfL�n�G�F a|l�RUP[Fc� � RUlmFL�RUG r {bF�jwF]{!lML\J\Z8_tL�Z[J\F � IhlXL � F�T9RhJ\N "/�0,1* ,t�#«�{b{!RhL � F]JLon�G�F]l�IKJ\F�_HRhP8lma|d[FHJ\FAdªL�R¥��F I�L\RUNOa|_K�£É�FNOabP�abNOab�HF�L � F�Z8lmF+RUT!G8IKJmF]PQL � F]l\F]l �wn3IKl\l\Z[NOabP�gcL � I�L L � F�IKG[G�{ba|_AI�L�abRhP3RUT>I�L�n`G�F�_HRUP�lML�J\Z�_�L\RUJ � Ihl� abg � FAlML�G�JmabRUJ\akLon�I�P8d3L � I�L�,)a|lyJmabg � L�Ihl\lmR�_�a�I�L�akjUFU� �� F�{�I�LmL�FHJ+_HRhPQjwFHPQL\abRUP�I�{b{bR���l�IKPQn3T�Z�P8_tL�abRhPL�n�G�FfL�R���Ff��J\akLmL�FHP<abP<L � F�T�RUJmN2� � , �����3, � � , *�� � F]J\F$*�a|lªIKP¯I�L�RUNYa|_*Lon�G�FU� �� FLtIKJmgUF�L�Lon�G�F"RUT lmZ8_ � IOL�n`G�F"a|l4*¯IKP�d0�'�����������5�)��IKJ\F¥akL�l�IKJmgUZ�NYF]PQL�L�n�G�FAlH� �� a|l�P[RhL'I�L�abRhP�I�P8dL�F]JmNOabP�Rh{bRUgKn�a|lFH­QL�F]P�d[F]d�L\ROI�L�RhNOa|_�L�n�G�FAlX�wnªG�F]JmNOakL\L\abP�g�L � F�I�J\gUZ[NOF]PwLXLon�G�F]lXL\R"��F�IKPªF]NOG�L�nl\F]§QZ[F]P8_�FU�

^QL'IKJmL\abP�g�T9J\RhN�L�n�G�FAdY_HRh{b{bFA_tL�abRUP�l#RUT�_HRhP8lMLtI�PQL'l#IKP�d¥jhIKJma�IK��{bF]lH}wL � FSL\F]JmN�lWabP¥L � Fy{�IKP�ghZ�I�gUF+I�J\Fa|d[F]PwL�ab¡[FAd�L�RhgUF�L � FHJ���akL � L � FHabJ�L�n�G�FAl+j�a�IOL � F¥T�RU{b{bR��yabP�g*JmZ�{bFAlH¦ "°a ,�F�Ih_ � _�RUP�lmL'IKPwLcIKP�d�jhIKJ\a�I���{bFRUT!Lon�G�F���a|lyI�L�F]JmNÍRUT�L�n�G�F��X} "°aba ,�abT�6*a|lyI�jUIKJma�IK�[{bF�RhT!Lon�G�F7�¹I�P8d8�#a|lSIcL�FHJ\NÍRhT!L�n`G�F9* }`L � FHP" ¿:6�� ,ya|l�I�L\F]J\N RUTWL�n�G�F;�<,=*µI�P8d�a|l�_]IK{b{bFAd�I�P�IK��lML�J'IK_�L\abRUP�L � I�L���abP8d[l�6¢I�P8d � Ihl�l\_HRhG�F>�'}IKP8d-"9ababa ,�abT'�?��IKP�d@�BA IKJmF L�F]JmN�l+RhTWLon�G�F>�C,D*<IKP�dE�.J\F]l\G�FA_tL�akjwFH{knw}�L � F]P "/�5�3��A�,ya|l�IYL\F]J\N RhTL�n�G�F7*¹IKP�d3a|ly_AIK{b{bF]d�IKP�IKG[G�{ba|_]I�L�abRhPfRUTF�?�XL�RG��A��WÉ�F�JmFAd[Z�_HF�L � F�Z�lmF�RUT6G8IKJmF]PQL � F]l\F]labP*�yJ\akL�abP[gL�F]JmN�l �Qn¹Ihl\lmZ�NYabP�g�L � I�LYIKG[G�{ba|_]I�L�abRhP¶a|l�{bFHT�LYIhl\lmR�_�a�I�L�akjUF*IKP8d�L � I�LYI�P.I��8lML�J�Ih_tL�abRUP � Ihl¥IKl�akL�ll�_�RUG�F�L � F�{�I�J\gUF]lML��XF]{b{ r T9RUJmNOFAdªL\F]JmN L\R¥L � F�Jmabg � L+RhTDL � F�jhIKJma�IK��{bF�akL���abP�d�lH�

�S� Ff_�RUP8lML'IKPQL�l"abP¶L � F3{�IKP[gUZ�I�gUF�I�J\F*G�I�JmL\akL�abRUP[FAd¹abPQL\R �1���IH ���&�� � �� DI�P8d ���&� � � !RUP[FAlH� �� FT9RUJmNOF]J�lmFHL+_�RUPQL'IKabP�l�I�P�abP[akL�a�IK{D_HRh{b{bFA_tL�abRUPfRUT£FH{bF]NOFHPQL'lylmZ8_ � IhlSL � RwlmFcJmF]G�JmFAlmF]PwL�abP[gYL � FcabPQL\F]gUFHJ�lIKP8d�a|l�IKZ[gUNOFHPQLtI���{bFcabP�lmRhNOFcNªI�P�P�FHJyL � I�L��Fh}�RUP8_�F"I�gQI�abP!}�{bFAI]jUF abNOG[{ba|_HakL]� �S� F�lmFHL+RUT£{bRUgUa|_]IK{_HRUP�lMLtIKPwL'lD_�RUP8lma|lML'l>RhT�L � FXlmn`N"��Rh{|lJ·RUT�Lon�G�FK�yd�F]P�RKL�abP[g+L � F�LtI�Z[L�Rh{bRUghRUZ8l>G[J\RhG�RwlmakL\abRUP!}ML*RUT�Lon�G�F��,N�¥d�F]P[RhL�abP[gYP�F]gwI�L\abRUP!}PO }PQ.I�P8d0R RUTDL�n`G�F���,S��,N�¥d�F]P[RhL�abP[gO_HRUP�±mZ[P8_�L\abRUP�}8d[a|l9±MZ�P8_tL�abRhPIKP8d abNOG�{ba|_]I�L�abRhP!}hJmFAlmG�F]_�L�akjUF]{knU}wI�P8d�}hT�RUJ£FAIh_ � � }UTWV"IKP8dYX9V�RhT[L�n�G�F "&�0,N��,Z,N�Q� �� F{�IKlML£L��XR/ T¨I�NOab{babFAl�0�RUT�_HRUP�lMLtIKPwL'l+J\FHG�JmFAlmF]PwL�gUFHP�F]J�IK{bab�HFAd�FH­�a|lML\F]PQL\a�IK{WIKP�d�Z�P[akjwFHJ�l�IK{W§wZ�I�PQL�ab¡[F]J\l]¦+T�RUJmN"Z�{�IKlZ8lmZ�I�{b{knO��JmakL\L�FHP*Ihl3[U6�\ I�P8dG]I64\ I�J\F�J\FHP8d[FHJ\F]dªabP�L � a|lX{bRhgUa|_�IKl^X V ¿:64\�I�P8d$T V ¿_6�\ T9RUJIKPIKG�G[J\RhG�J\a�I�L�FLon�G�F3� �DÉ�F��ab{b{¨}wabP¥T¨IK_�LA}hZ�lmFL � FT9RhJ\NOFHJ#Ihl#IK�[��J\F�j�a�I�L�abRUP�lWRhT8L � FS{�I�LmL�FHJ]�£«+{kL � RUZ[g �L�n�G�F�lmZ��8l\_�J\abG[L�l�I�J\F�lML�Jma|_�L�{knªP[FA_�FAl\l�IKJmnO��akL � X�I�P8d`T�}��XF��yab{b{!RUNYakLL � FAlmF�� � F]P3L � F]abJSa|d�F]PQL\akL�n

q

Page 5:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

a|l�RU�Qj`abRUZ�l�RhJ�abJ\JmF]{bFHjhIKPwL�L�RªL � F¥d�a|l\_HZ8l\lmabRUP©I�L � I�P8d���É�F���ab{b{#IK{|lmRfIKd[RUG�L�L � F"_HZ8lML\RUNªI�Jmn�abP[¡[­P�RhL'I�L\abRUPfT9RhJSL � F I�G�G�{ba|_]I�L\abRUPfRUTZOX}PQ·IKP8d RÊL�R¥Lo�R�IKJmgUZ[NOF]PwL'labP�lmZ8_]_�FAl\lmabRUP��

É�F3IKl�lmZ[NOFYL � F�Z�lmZ�IK{ P[RhL\abRUP8lcRhTST9JmF]FªIKP8d���RUZ[P8d�jUI�J\a�I���{bFAl"I�P8d�RUTSlmZ���L�F]JmN�l�RUT�I*L�FHJ\N��e §wZ�IK{bakLon¶��FHLo�FHF]P·L�FHJ\N�l"abP�_HRUJmG�RhJ'I�L\FAl¥L � F*J\Z�{bF]lYRUT+{�IKN"��d8I�_HRUPwjwFHJ�lmabRUP�� �!FHLYZ8lYl�I]n¢L � I�LªIL�F]JmNN�Ya|l�T9JmF]FOT�RUJ�L � F¥jUI�J\a�IK�[{bF!6¢abP�L � FYL\F]JmN ��abT^6¹d[R`F]lcP[RhL"I�G�G�F�IKJ�T9J\FHFYabP-��abP©L � FOl�_�RUG�FRUT�IKP�IK��lML�J'IK_�L\abRUPfL � I�L���abP�d�l�I¥T9JmF]F�jUI�J\a�IK�[{bF�RhTW�h�2�8Z[JmL � F]JH}�{bFHL4�*� 6©¦ � ���£d�F]P�RKL�F�L � F JmFAlmZ�{kL�RhTJ\F]G[{�Ih_�abP�g3IK{b{�L � FcT9JmF]FcR`_]_�Z�J\JmF]P�_HFAlSRUT6�abP`�S�wn@�h� �S� F {�I�N"��d�IY_HRhPQjUF]J�lmabRhP�J\Z[{bFAl�IKJmFcL � FHPfL � FT9RU{b{bRA��abP[g�¦

s � "&� r _�RUPQjUF]J\l\abRhP�,��yFHG�{�IK_HabP�g"IclmZ[�[L�FHJ\N®RhT�L � F+T9RhJ\N�¿_69�WabP3I�gUakjwFHPOL�FHJ\N®�Qnª¿�� " �*� 6�¦ � �(��,t}G�J\RAj�a|d�FAd��ªa|lyT�J\FHF�T9RhJ36�abP+�t�

v � " * r _HRUPwjwFHJ�lmabRUP ,��SF]G[{�Ih_HabP[g�I+lmZ���L�FHJ\N�RUT�L � F T�RUJ\N " ¿_69� � ,K� A abP¥IygUakjwFHPcL�FHJ\N��wn � � � 6�¦ � � A �RUJSj�a|_�F�jwFHJ�l�I�}[G�JmR�j�a|d�FAd$�BA+a|lyT�J\F]F�T9RhJ36�abP+�?�H�

��� "� r _�RUPQjUF]J\l\abRhP�,�yFHG�{�IK_HabP�g*IOl\Z[�[L\F]J\N RUT£L � F T9RhJ\N �SabP©IOghakjwF]P�L�FHJ\N �wn�¿_69�W6�I�P8d�j`a|_HFjwF]J\l�I�}�G[J\RAj�a|d[F]d$�Xa|lyRhTDL�n`G�F �(, * }_6�a|lSRUTDL�n`G�F��¶I�P8d$6�d�R`F]lyP[RhL�IKG[G�FAIKJyT�J\FHF�abP+�t�

� �R¹L�FHJ\N�l3I�J\F©_HRUP�lma|d[F]JmFAdµL\R¶��F�FA§QZ8IK{�abTcRhP�F©_]IKP¬��F©Rh�[LtI�abP�F]d¯T9JmRUN´L � F�RKL � FHJ3�Qn<Z8lmabP�gI�lmF]§QZ�FHP8_�F�RUTSL � F]l\F�JmZ�{bF]l]� ��P¹d[FHL\F]JmNOabP�abP[g�lmZ8_ � FA§wZ�I�{bakL�nw}£akL"a|l�RUT�L�FHP¢P�FA_�FAl\l�IKJMn©L�R�_�RUP�l\a|d�F]Jd[abJ\F]_�L\FAdYIKG[G�{ba|_]I�L�abRhP8lWRUT�L � FAlmFS_HRUPwjwFHJ�lmabRUP¥JmZ�{bFAlH�#¤�T�G8IKJML�a|_HZ[{�IKJWabNOG�RhJmLtI�P8_�Fa|l�I�P¥RUJ\abFHPQL\FAd"T9RhJ\NRUT8L � F^* r _HRhPQjUF]J�lmabRhP"J\Z[{bFSL � I�LWa|lWNªIKd[FXG�JmFA_�a|l\F�IKl£T9Rh{b{bR��+lH� �6abJ�lML]}U�XFSa|d�F]PwL�abT�n¥I+L\F]JmN�RUT�L � FT9RhJ\N" ¿:6�� � ,K� A IhlyIY*KH��\º� wº � ³�abP3L � F�lmF]§QZ�FH{¨}��F�l � IK{b{>I�{|l\R¥JmF]T�F]JL�R;� � IhlXL � F���R�d`n3RhT>L � a|lJ\F]d[FH­*I�P8dL�R%�BA�IKl�akL�l�I�J\ghZ�NOFHPQLA�X�+RA�c}�L � Fc_HRUP�d[akL\abRUP�G�F]JmNOakL\L\abP�g¥L � F JmF]G[{�Ih_HFHNOF]PwL�RhT#IOlmZ[�[L�FHJ\N RhT6L � a|lË`abP8dfIKlG�FHJL � F4* r _�RUPQjUF]J\l\abRhP3J\Z[{bF�NªI]nOP�RhLS��F�l�I�L\a|l\¡[FAdªabP*ghF]P[F]J'I�{¨}[��Z�LSL � a|lS_AI�P*��F�_�RUJmJ\FA_tL�F]d�Qn3Z�lmabP�gOI¥lmF]§QZ�FHP8_�F�RhT � r _HRhPQjwFHJ�lmabRUPflML\F]G8lH�6É�F�_AIK{b{!lmZ8_ � I¥lmF]§QZ�FHP8_�F�T�RU{b{bR��XFAd3�Qn�L � F�d[F]l\abJmFAdIKG�G[{ba|_AI�L�abRUPfRUTDL � F�* r _�RUPQjUF]J\l\abRhP*J\Z[{bF�IY* r _HRhPQL�J�Ih_tL�abRUP��

É�F��yab{b{!P�FHFAd�L�R¥_HRhP8lma|d[FHJL � F�a|d�F�I�RhTDZ[P�abT�n`abP�g"Lo�R¥{�IKN���d8I�L�F]JmN�lH� �� F�abPwL�F]JmFAlML � F]JmF�a|lSabPl\Z[�8lML�akL\Z[L\abP�g L\F]JmN�l�RhT�NªI�L�_ � abP�g�L�n�G�FAl�T9RUJ T9JmF]F�jUI�J\a�I���{bFAlXlmRcL � I�L L � F�Lo�RcL\F]J\NOl���FA_�RUNOF�FA§wZ�I�{¨��S� a|l#lmZ���lML�akL�Z�L�abRhP¥RUG�FHJ'I�L�abRUP¥N�Z8lML#��FSG�FHJ\T9RhJ\NOF]d ��akL � _]IKJ\FL\R�F]P�l\Z[J\FL � I�L#T�J\FHFjhIKJ\a�I���{bF]l#abP"L � Fl\Z[�8lML�akL\Z[L\FAd�L�FHJ\N�l�d�R*P�RKLcgUF�L Ih_H_Ha|d[FHPQL'IK{b{kn���RUZ[P8d�abP©L � F¥J\FAlmZ[{kLA�¥«®_HRUJmJ\F]_�L _ � I�J'Ih_tL�FHJ\ab��I�L�abRhPRUTyL � a|l�RUG�FHJ'I�L�abRUP¶_AIKP�}#abP¶T°Ih_tLA}#��F3G�JmR�j`a|d[FAd¢Z8lmabP�g�F]§QZ8IK{bakL�n�NOR�d�Z�{bR�L � F3{�IKN"��d8I�_HRhPQjUF]J�lmabRhPJ\Z�{bF]lH� �S� Z8lH}>lmZ[G�G�RUlmF"L � I�L]}�T9RhJ s�� � � �£})���SIKP�d 6��SIKJmFOI�L\F]J\N/I�P8d�IOjUI�J\a�IK�[{bFYRhT a|d�F]PQL\a|_AI�{L�n�G�FU� �S� F]P!}wL � F�lmFHL���� 6�� ��������� s�� � � ����J\F]G[J\F]l\FHPQL�lXIclmZ���lML�akL�Z�L�abRhP3IKP8dYL � F�IKG[G�{ba|_AI�L�abRhPªRUT�L � a|ll\Z[�8lML�akL\Z[L\abRUP*L\RG�Xa|lyF]§QZ�I�{�L\R¥L � F�L\F]J\N " ¿:6 � �����'¿:6 � � ,W� � �����3� � �

« _HFHPQL\J'IK{�G�IKJMLSRUT!gUF]P[F]J�IK{bab�]abP[gYÌ�RUJmPf_�{�IKZ8lmF]lXL\R � abg � F]J r RhJ�d[FHJS{bRhgUa|_�a|lSd[F]l�_�J\ab�[abP�gYI�lmZ�akLtI���{bFP�RhL\abRUP*RhT£I�L�RhNOa|_�T�RUJ\N�Z�{�IhlH� � R��yI�J�d[lL � a|lSFHP8d�}��XF�¡�J\lmLSa|d[FHPQL\abT�nªL � F�_H{�IKl�lRUT�� ��¾�� � �! KºXL�FHJ\N�lSIhlL � RUlmFc{�I�N"��d�I�L\F]J\NOlSabPf� � a|_ � L � F�RhP�{kn*{bRhgUa|_AI�{>_HRUP�lMLtIKPwL'lL � I�L�IKG[G�FAIKJ+IKJmF>OX}PQ·IKP�dETKV��S¤�Z[JI�L�RhNOa|_¥T�RUJmN"Z�{�IKl�RhJ�I�L\RUN�l�IKJmFYL � FHP¹IK{b{WL � F¥L�F]JmN�l�RUT L�n`G�F%�ªRUT L � FOT�RUJmN1\ �?�0�����3����� � FHJ\F\®a|l�I "°G�JmFAd�a|_AI�L\F�,jhIKJ\a�I���{bF�RUJ+P�RhP r {bRhgUa|_]IK{£_�RUP�lmL'IKPwL�I�P8d�}�T�RUJ s"� � � �£}�F�Ih_ � �#�#a|l�IYG�RUl\akL\akjwFL�F]JmN���^QZ8_ � I¥T9RUJmN"Z�{�I"a|l+l'I�a|dfL�RO��F$� � &�% X±mZ�lML+abP�_AIKl\F \¥}�akL�l�G�JmFAd[a|_]I�L\F � F�Ihd�}�a|l�IYP[RUP r {bRUgha|_AI�{_HRUP�lMLtIKPwL¥I�P8d�a|l l'I�a|d�L\R���F'&Sº � �%(� bºcRKL � F]Jm�ya|lmFU�3É�Fªd[FHP�RhL\F3I�J\�[akL�J'I�Jmn¢I�L�RUNOlc�wn*) I�P8d�J\abgha|dRUP�F]lS�Qn�)+���F]{bR����', � �� .-��/�10"½ ��K¾#RUJyl\abNYG�{kn & �%�� ¾XI�J\F�L � FHP*L � F�G�JmRUG�RwlmakL�abRhP�IK{�L�FHJ\N�lXL � I�L+I�J\F

Page 6:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

d[F]P[RhL\FAd*�wn�� abP*L � FclMn�PwLtI�­ªJ\Z�{bF

� ¦|¦ � J � ) ��� O�� ��� Q�� ��[U6��>�

�S� F]lmF�T�RUJmN"Z�{�IKlIKJmF � abg � F]J r RUJ\d[FHJXjwFHJ�lmabRUP�lXRUT!§QZ�FHJ\abF]lXRUJXgURwIK{|lXabP*²#JmRU{bRUg[³�P�RKL�a|_�FU}`abP3G�I�JmL\a|_HZ�{�I�J]}L � I�L�L � FYIKJmgUZ[NOF]PwL'l+RUTXI�L�RhNOa|_ ghRQIK{|l�IKJmF¥{�I�N"��d�IYL�F]JmN�l�Ihl�RUG[G�RwlmF]d�L�Rª¡�J\lML r RhJ�d�F]J�L\F]J\NOl�I�P8dG�J\F]d[a|_]I�L�F�IKP�d<T9Z[P8_�L\abRUP.jUI�J\a�IK�[{bFAlªI�J\F�G�FHJ\NOakLmL�F]d.abPµghRQI�{|l]� « � abg � F]J r RUJ\d[F]J�Ì+RhJ\P¯_�{�IKZ8lmF�RUJG�J\RhgUJ�IKN _H{�I�Z8lmFfa|l¥L � F*Z�P�akjUF]J\l'I�{�_H{bRwlmZ[J\FfRhT�I�L�F]JmN RUT+L � F*T9RUJmN ) + RhJ�� R ) + �<²#JmRUgUJ�IKN_H{�IKZ�lmFAl�IKJmFcabPwL�FHP8d[F]d3L�RY��F�abPwL�F]JmG�JmFHL�F]d*abP�I¥_�RUNOG[Z[LtI�L�abRhP�IK{�lmFHLmL�abP�gOIhl "°G8IKJML�a�IK{ ,d�F]¡�P[akL�abRhP8lyRhTG�J\R`_HF]d[Z�JmFAl+I�P8d3T9J\RhN�L � a|lSG�F]J\lmG�FA_tL�akjUF�L � F�J\FAlML\J\a|_�L\abRUP*L�R¥J\abgha|d�I�L\RUN�la|lS�FH{b{ r NORKL�akjUI�L�F]d�¦#lmZ8_ �IKPfabPQL\F]J\G[J\F�LtI�L\abRUP*a|lyNOF�I�P�abP[gUT9Z[{�RUP[{kn*abT>L � F / G[J\R`_HFAd�Z�JmF�0 � Ihl�I¥d[FH¡�P�akL\F�P8IKNOFh�

« lmFHL�RhT � abg � F]J r RhJ�d[FHJ�G[J\RUghJ'I�N0_�{�IKZ�l\F]l�_�RUP8lML\akL�Z[L\FOIªG�JmRUgUJ�IKN�abP�RhZ�J�{bRUgUa|_¥G[J\RUghJ'I�NONOabP�g{�IKP�ghZ�I�gUFU� VXRhNOG�Z�LtI�L\abRUP3a|lSFHP�gUFHP8d�F]J\F]d�}�IhlZ�l\Z8IK{¨}[�wn*I�gURQI�{�T�RUJmN"Z�{�I ��FHabP�g¥G�JmFAlmF]PwL�F]d3JmF]{�I�L\akjwFL�R�I�ghakjwFHP�G[J\RUghJ'I�N��#^`Z8_ � I�ghRQIK{�T9RUJmN"Z�{�I�Lon�G�a|_]IK{b{kn � IKl�F�­�a|lML�FHPQL�a�I�{8§QZ�I�PQL\ab¡�F]J\lXI�L akL'l � FAIhd�I�P8dL � FcG�JmRUghJ'IKNYNOabP�g¥LtIKlmË*a|lyL\R�¡[P8d�abP8lML'IKPQL\a�I�L\abRUP8l�T�RUJyL � F�§wZ�IKPwL�ab¡[FAd*jUIKJma�IK�[{bFAl�L � I�L�G�F]J\NYakL�L � FJ\FAlmZ[{kL�abP�gYghRQIK{�L�R¥��FclmRU{kjwF]d*T�J\RUN�L � F�G[J\RhgUJ'I�N���� 5��467  ������� �!FHL ����FI�l\RhJmL6JmF]G�JmFAlmF]PwL�abP[g+abP8d[akj`a|d[Z8IK{|lWI�P8dc{bFHLDL � FXl\F�L6RUT�P�RhP�{bRUgha|_AI�{�_HRhP8lMLtI�PQL�l_HRUPwLtI�abPfL � F�T9RU{b{bRA��abP[g�¦� � RUTDLon�G�F � �����W�¦b¦ RUTDLon�G�F �,N� �����W�Z,N� � ���K��}8IKP8d0 �1� -�½ � RUTDLon�G�F � �����W�, "/�,1� ,Z,.� �����W�,S�

�8Z[JmL � F]JH}WIhl\lmZ�NYF¥L � I�L�¦b¦>_AIKP���F¥��J\akLmL�FHP¶IKl�I�P�abP�¡�­�}6J\abg � L"Ihl\lmR�_Ha�I�L�akjUFORUG�F]J'I�L�RhJ]� � �S� F]P�L � F_H{�IKZ�lmFAl

]�� " 0��1� -'½ � � � �� � �� ,yI�P8d] 63]��3]P�&��]P� A " 0 �1� -�½ � �&���E��A*,KR " 0���� -'½ �-"/60¦b¦!�/� ,��-" "��`6 ,¯¦|¦%� A�, ,

_HRUP�lML�akL�Z�L�F*I�G[J\RUghJ'I�N�� A «�d�RUG�L�abP�g�²WJ\RU{bRhg 0�l"lmZ�gUghFAlML�akjUFªNªIKP[P�F]J�RhTy�yJ\akL\abP�g�abNOG�{ba|_]I�L�abRhP8lH}#akL�l_HRUPwjwFHPQL�abRhPfRUT£NªI�Ë`abP[gO§QZ8IKPwL�ab¡�FHJ�lyabNOG�{ba|_�akL��Qn*Z�l\abP[gOP�I�NOFAl��FHgUabP�P[abP�gY��akL � Z�G[G�F]J\_AIKl\F�{bF�L\L�FHJ�lT9RUJ §QZ8IKPwL�ab¡�F]dYjhIKJma�IK��{bF]lI�P8dYakL'l�NOF�L � R`d¥T9RUJ d[FHG�a|_tL�abP�gcF�IK_ � G�JmRUgUJ�IKN _�{�IKZ8lmFh}wL � a|l�G[J\RhgUJ'I�N _AI�P��F�J\FHP8d[FHJ\F]d*abPQL\R¥L � F�T9Rh{b{bR���abP[g / T�J\abFHP8d[{babFHJ*08lMn�PwLtI�­�¦

0 �1� -�½ � � � �� � �� ��0 �1� -�½ � "��0¦|¦�� s ,�� " "�� � , ¦|¦!� v ,�"$#�0 �1� -�½ �%� s �&� v �

�>F�L\L�abP[g '���F I¥_�RUP�lmL'IKPwLyRUTDLon�G�F�� ,S� ,S�XIKP�d+ 3IKP�d�(+��Fc_HRhP8lMLtI�PQL�lSRUT>L�n`G�F �\}[L � F�T�RUJ\N�Z�{�I[�� 0���� -'½ �-"& O¦|¦!(�¦|¦ � �� , " ¿_6)'8 !6 ,^�

_HRUP�lML�akL�Z�L�F]l�IO§QZ�FHJmnU�+i+lmabP�g3²WJ\RU{bRhg 0�l�_HRhPQjUF]PQL\abRUP�l�T9RUJ+N�IKË`abP[gª§wZ�I�PQL�ab¡[F]J\l+abNOG[{ba|_HakLA}8L � a|l+§QZ�FHJmnNªI]nª��FcJmFH�yJ\akL\L\F]P�Ihl*�+�,.-0/�1�24365736895;:=<.86>?:=8@-�AB36<DC�:=E7<.F�G.-IHJEKAB-BFMLN362OE7G.-I<DC�E7L;PJEK<.8RQ?:=2�C�E7AB>.5;:=2OAI3@<.F�C�:=<DC�FM:=F�3@Q�-B2�:SC�3624F$TU +�,.-V36WRE7F�F4E736<3@LXC�PYQZ-IFO[MEKC�,C�,.-]\Y>?:=<DC�EK^?-I24F_E7<C�,.-BF4-VAB57:6>.F4-BFME75K57>.F4C�2�:SC�-BF�C�,.-VAI3@<@H@-B<DC�E736<`:=5757>.G.-BGC�3�-$:=2457EK-B2BT

a <�C�,.EKFMEK<.F4C�:=<.AB-6bJC�,.-�CcPJQ�-]36LedRfhgji�kYlm>.<.E7\D>.-B5KPG.-hC�-B24W�EK<.-BF�C�,.-�CcPJQ�-BFO3@L!C�,.-]\Y>?:=<DC�EK^?-IG�H=:=24E;:=n.57-BFBT

Page 7:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

0 �1� -�½ � "/ �¦|¦�(+¦|¦ � � , " ¿:6 ' !61,��S�

�S� FHJ\F�a|lyF�­�Ih_tL�{knªRUP�FclmRU{bZ�L�abRhP*L�R¥L � a|ly§QZ[F]JmnU}[L � a|ly��F]abP�gYghakjwF]P*�QnªL � F / IKP8lM�XF]J*0�lmZ[�8lML�akL\Z[L�abRhP

� �4� �%"�'! 8 ,X¦b¦ "�'8 �(�,X¦|¦ � �� ���M��+RhL\a|_HF�L � I�L�gUFHP�F]J�I�L\abP�gªL � a|l�IKP8lM�XF]J�lmZ���lML�akL�Z�L�abRhP�JmFA§wZ�abJ\F]lH}>IKNORhP�gwlML�RKL � FHJ�L � abP�gUl]}�L � FYIKG[G�{ba r_AI�L\abRUP�RUT#I"{�IKN"��d8I"L\F]J\N�L�RYL��ROd[a���FHJ\FHPQL�IKJ\ghZ�NOFHPQL�l+I�P8d*L � F lmZ[�8lmFA§wZ�F]PwL+J\F]d[Z�_�L�abRhP�RUTDL � F]lmFL�F]JmN�lL\RYP[RUJ\N�IK{�T9RhJ\N��W«+P�I�{kL�F]JmP�I�L�akjwFc§wZ�F]JMn3a|lSL � F�T9RU{b{bRA��abP[g�¦

0 �1� -�½ � "/ �¦|¦�(+¦|¦ � � ,�� " "�'! ,X¦b¦ "�'! �(�,X¦|¦ � � ,t�

�S� a|ly§QZ�FHJmnfIK{|lmR � IKl�I"Z�P[a|§QZ[F lmRh{bZ[L�abRhP!}[L � a|lS��F]abP[g¥L � F�lmZ��8lML\akL�Z[L\abRUP

� �4�^�t¿_6)'8 !6 ���

VXRUNYG�Z[L\abP�g�L � a|l�IKP�lM�F]JSabPwjwRh{kjwFAlZ�P[abT�n�abP[g¥Lo�R¥G�I�abJ�lRUT!L�F]JmN�l_HRUPwLtI�abP�abP�gOI�T9Z[P8_�L\abRUPªjUI�J\a�IK�[{bFU}L � F]lmFc��F]abP[g � *IKP8d '8 8 ªRUPfL � F�RUP[F � I�P8d�I�P8d � (�IKP8d ' �(�RUPfL � FcRKL � FHJ]��É�Fcd[a|l\_HZ�l\l�abPL � F�P�FH­QL+l\F]_�L\abRUP�I¥G�JmR�_�FAl\ly�Qnª� � a|_ � lmZ8_ ��� abg � F]J r RUJ\d[F]JyZ�P�ab¡�_AI�L�abRUPfG�J\Rh��{bFHN�lSNªI]nª��F lmRU{kjUFAd���8RhJL � F�NORUNOFHPQL]}Q�F�P�RKL�F�L � I�LL � F�¡�J�lMLSRUT!L � F�G8IKabJ�lRhT>L\F]JmN�l � IKlT9RhZ�JSd[a|lML�abP�_�LyZ�P[ab¡�FHJ�lgUakjUF]P�QnªL � F�T9Rh{b{bR��yabP�g�lmZ���lML�akL�Z�L�abRhP8lST9RhJ�"¦

� �4�^�t¿_6)'8 8 ����w} ����� �'¿:6 '86@ �� �w} ���4�^�'¿:6 '!6@6 � �w}8IKP8d ����� �'¿:6 ' %6 � �w�

��T£L � FcLo�R�G8IKabJ�l+RhT£L\F]J\NOl�abP�§QZ�F]lML�abRUP�I�J\F Z[P�ab¡�F]d�lmFA§QZ[F]PwL�a�IK{b{kn�IKP�d�IKPQnf�[Z[L�L � F {�IhlML�lmRU{bZ[L\abRUPa|ly_ � RwlmF]P3abP�akL\a�IK{b{knªT9RUJXL � F�¡[J�lMLyG�I�abJ]}�L � F]P3akL��ab{b{!��F�P[FA_�FAl\l�IKJmnYL�R"��Ih_�ËQL\J'Ih_�ËOL\R¥¡[P8dfI�lmRU{bZ[L\abRUPT9RUJSL � Fc_�RUNOG�RwlmakL�F�G�JmRU�[{bF]N�� �

É�Fyl � I�{b{[F]NOG[{bR�ncL � Fy_HRUPwjwFHPQL�abRhP8l£Z�l\F]d"T9RhJ#d[F]G[a|_�L\abP�g�T9RhJ\N"Z[{�Ihl£abP"L � F�IK��R�jUFSFH­�I�NOG�{bFXT9J\FHF]{knabP¥L � FyJmFAlML#RUT8L � FSG�I�G�FHJ]� �S� FyG�JmFAd�a|_AI�L\F 0���� -'½ �ª_�RUP�l\a|d�F]JmFAd"abP¥L � a|lWFH­[IKNOG[{bFSJmF]{�I�L�FAl#I�T�Z�P8_tL�abRhPIKP8d L��XR�{ba|lML'l8±mZ�lmL£abP¥_AIKl\F L � Fl\F]_HRhP8d {ba|lML#a|l6RU��LtIKabP[FAd��Qn"I�G�G[{kn�abP�g�L � FT9Z[P8_tL�abRUP L�R�F�IK_ � FH{bF]NOFHPQLRUT�L � F�¡[J�lMLS{ba|lMLA� �� F�P[RhL\abRUPªRUT!T9Z[P8_tL�abRUP*I�G�G�{ba|_]I�L\abRUP3a|lH} � R��XFHjUF]J]}`JmF]{�I�L\akjwFH{kn��XF�IKË�}`��F]abP[g"gUakjUF]P�QnªJ\F]d[Z�_�L�abRhP*abP�IcL�n`G�F]d3{�I�N"��d�I�_AI�{|_HZ�{bZ�l�yakL � P�R"abPQL\F]JmG�J\F�L�F]d*_HRUP�lMLtIKPwL'lH�W«�lML�JmRUP[gUF]JT9RhJ\N�RhTT9Z�P�_�L\abRUP¥I�G�G[{ba|_AI�L\abRUP�}hRUP�F L � I�L6abPwjwRhËUFAl>L � FIK�[ab{bakL�n RhT8lmRU{kj`abP�g�gURwIK{|lDabP L � F Z�P�d[F]Jm{kn�abP[g�{�IKP[gUZ�I�gUFh}_AIKP ��FXJ\FAIK{bab�HFAd �Qn�Z8lmabP�g�I+G[J\F]d[a|_AI�L�F�jwF]J\lmabRUP�RhT�0 �1� -�½ ��IKl£d�FAl\_HJmab��F]d abP L � FXT9Rh{b{bR��yabP�g�FH­[IKNOG[{bFU��� 5��467  ��� ��� ��PYIKd�d�akL�abRUP�L�R+L � F_HRUP�lMLtIKPwL'lWI�P8d Lon�G�FAl6RUT�eW­�I�NOG�{bF v � s }wIKl�lmZ[NOF L � I�L 0 �1� � �\º� a|l+I¥_�RUP8lML'IKPQLyRhTDLon�G�F�� �����W�, "/�,1�,N��,�,N� �����W�,N�`� �S� FHP!}[Z8lmabP�g¥L � Fc²#JmRU{bRhg�_�RUPwjwF]PwL�abRhPRUT£d�F]G[a|_�L�abP[gO_HRUP�±mZ[P8_�L\abRUP�ly�wn*_�RUNONªIKlH}`L � F�T9Rh{b{bR��yabP�g�_�{�IKZ8lmF]l�_�RUJmJ\FAlmG�RUP8dªL�ROI¥G[J\RhgUJ'I�N�¦

0 �1� � �\º� � �� \ � �� �0 �1� � �\º� "�� ¦b¦�� s , \ "��®¦b¦�� v , "$##" \ ��� , � " 0 �1� � ��º� �� s \ � v ,?�

�>F�L'(�� (h}K¼����(�D} 0 �/�t»8}�¾�½8ºw}� � ��� IKP�d � � � º���F�_�RUP8lML'IKPQL�l RUT�Lon�G�F��#IKP�d�{bFHL � �/��º�� � ��F�I�_HRhP8lMLtI�PQLRUT�L�n`G�F$�;, �;, �`� �� FHP·L � F*T9Rh{b{bR���abP[g¢IKd�d[akL\abRUP8IK{�_�{�IKZ�l\F]lYd�F]¡�P[F�I / G8IKJ\FHPQL*0WJ\F]{�I�L�abRhP8l � abG��FHLo�FHF]P�d�a���FHJ\F]PwL�abP8d[akj`a|d[Z8IK{|lH¦

!

Page 8:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� �/��º�� � (�� (S¼*���(�D�� �/��º�� � ¼����(� 0��/�t»8�� �/��º�� � ¾�½8º �� � � �� �/��º�� � �� � � � � � ºw�

��P*L � a|l�_�RUPwL�FH­QLA}�L � F�T�RU{b{bRA��abP�g¥L�F]JmN _HRUP�lML�akL�Z�L�F]l�I¥§QZ[F]Jmn�¦

0 �1� � �\º� " (�� (�¦b¦�¾�½8º�¦|¦ � �� , � �/��º�� � �S�

�S� FclmRU{bF I�P8lM�FHJSL�R"L � a|l�§QZ[F]Jmnªa|lSL � FclmZ���lML�akL�Z�L�abRhP

� �4� � ¼*� �(��¦|¦ � � � ¦|¦ � �� ���U���P�lmRU{kj`abP�gOL � a|l+§QZ[F]JmnU}8L��XR�P[FH��gURwIK{|l�RhT£L � F T9RhJ\N "!� �/��º�� � (�� ( � s ,yIKP�d "!� �/��º�� � ¾�½8º � v ,��ab{b{� I]jUF�L�RY��Fcd`n�P�I�NOa|_AI�{b{kn3T�RUJ\NYFAdfIKP�dfl\Rh{kjwF]d���«�P�RKL � FHJyF�­�IKNYG�{bF�RUTWI"§QZ�FHJmn3a|l

0 �1� � �\º� " (�� (�¦b¦�¾�½8º�¦|¦ � �� , " ¿_6�¿��3[ � "!� �/��º�� � 6 � ,�O " � � ��º�� ��� � , ,R�S�

�S� a|lSgURQI�{DIKl\Ë`lST9RUJSL � F�ghJ'I�P8d[G8IKJmF]PQL�lSRUT(�� (cIKP8d�¾'½�º�IKP�d � Ihl�IhlSakL�l�lmRU{bZ[L\abRUP3L � FclmZ���lML�akL�Z�L�abRhP� �4� � 0 �/�t»O¦|¦ � � � º�¦|¦ � � � �w�

�£abP�d[abP�g�L � a|lyIKP�lm�XF]JJmFA§wZ�abJ\F]lXL��XR"P�F��ÊgURwIK{|lX��akL � _�RUNOG[{bFH­�lML�JmZ8_�L\Z�JmFAl��µF�Ih_ � �yakL � IKP3F]N"��FAd rd[FAd�_HRhPK±mZ[P8_tL�abRUP�IKP�d�FH­`a|lML�F]PwL�a�I�{6§QZ�I�PQL\ab¡�F]J��<L�R���F�_HRhP8lML�JmZ8_�L\FAd�I�L�J\Z[PQL\abNOF"I�P8dfL � FHP�lmRU{kjUFAd��

e#­[IKNOG[{bF v � v NORKL�akjhI�L�F]l£L � F�G8IKJmL\a|_HZ[{�IKJ lmL\J\Z�_�L�Z[J\F�_ � RwlmF]PYT�RUJXI�L�RUNYa|_yT�RUJmN"Z�{�IKl#abPYL � F�d[F]¡[P�a rL�abRUPfRhTDRUZ�J � abg � FHJ r RUJ�d�F]JS{bRUgUa|_�G[J\RUghJ'I�NONOabP�g�{�IKP�ghZ�I�gUFU� �!RUgha|_AIK{!_�RUP�lmL'IKPwL'lL � I�L+IKG�G�F�I�JyabP*L � FIKJ\ghZ�NOFHPQL�l+RUT#G[J\FAd�a|_AI�L�F�F�­�G[J\FAl\lmabRUP�l�_AI�P���FA_HRhNOFcL�RhG r {bFHjwFH{£lMn�N���RU{|l�abP�IOgURwIK{£_�RUP�lmL\J\Z�_�L�F]d�I�LJ\Z�PwL�abNOFh� �S� FAlmF�_�RUP�lmL'IKPwL'l�N"Z�lmL]}�L � F]JmF]T9RhJ\Fh}���F {babNOakL�F]dfL\R�RhP�FAlyL � I�L�_AIKP�{bF]ghakL�abNªI�L�FH{kn�I�G�G�FAIKJabP�lmZ8_ � I"G�RUlmakL�abRUP�}�I�JmFA§QZ[abJ\FHNOF]PwLSL � I�Lya|l�IK_ � abF�jwF]d3�QnªL � F�JmFAlML�Jma|_�L�abRhP3L�R¥G�RwlmakL\akjwF�L�FHJ\N�lH� ��P�Id[a���FHJ\FHPQL�d�abJ\F]_�L�abRhP!}�abP�_HRUPwL�J�IhlML�abP[gOL � a|l�FH­[IKNOG[{bFc�yakL � eW­�IKNYG�{bF v � s }�IO§QZ[FAlML�abRhP�L � I�L�I�J\a|lmFAl�a|l� � F�L � F]JyRUJyP�RKLyL � F�0 �1� ����º� �G�JmFAd[a|_]I�L\F _]IKP*��F�J\Z[PfabP / J\FHjUF]J\l\F�0|� �8RhJyFH­�I�NOG�{bFh}[a|lL � F�§QZ[F]Jmn

0 �1� � �\º� " (�� (�¦b¦�¾�½8º�¦|¦ � �� , \ " ¼*���(��¦|¦ � ��� ¦|¦ � �� ,_HRUNYG�Z[L'I�L\abRUP�I�{b{kn3NOFAIKP[abP�gUT�Z�{�� � L�a|lSL\F]NOG�L�abP�g�L�RYd[F]_Ha|d[F�L � I�LyakL�a|l+I�P8d3L � I�L+I¥lmZ�akL'IK��{bFcIKP�lm�XF]JL�R�akL�a|l�L � F�lmZ���lML�akL�Z�L�abRhP*� �&\^� � �/��º�� � ���U��Ì�R��F�jwFHJ]}�IY{bakL\L\{bF L � RUZ[g � L�JmFHjwFAIK{|lyL � I�L+L � FHJ\F"IKJmFcL�RQRNªIKPwn"J\FH{�I�L\abRUP8l£L � I�LXI�J\FSL�JmZ�FyRhT�(�� (�IKP�d�¼����(�ªRUP"L � F�RhP�F � IKP�dOIKP8d*¾�½8º�I�P8d � � � RhPYL � FyRhL � FHJIKP8d�lmR3L � a|l�§QZ[F]Jmn�NªIHn���FYd�F]FHNOFAd�L�Rª��FYIKP�ab{b{ r T9RhJ\NOF]d�RUP�Fh� «+P�IK{kL\F]JmP�I�L\akjwF�j�abF���G�RhabPQL�a|l�L\RP�RhL\FYL � I�L�L � F]JmFOa|l�RUP[F�lmZ���lmL\akL�Z�L�abRUP�T�RUJY\ÍL � I�L lmZ��8lmZ[NOFAl�IK{b{�RKL � FHJ�l�abP¢I*{bRUgha|_AIK{�l\FHP8lmFU}!L � a|l��F]abP[g����&\^�'¿:6�¿��3J ���cIKP8d3L\R¥L�JmF�I�LyL � a|l+IhlL � F�RhP�{kn3{bF]ghakL�abNªI�L�FcI�P8lM�FHJyL\R¥L � F�G�RwlmFAd*§QZ[F]JmnU�

É�F � I]jUF©J\FH{babFAd¬L � Z�l*T¨I�J*RUP I�PÊabPQL�Z[akL�akjUF�Z[P8d�F]J�lML'IKP8d�abP�g·RhTc� � I�LfakL�NOFAIKP�lªL\R.l\Rh{kjwF�IgURQI�{¨� �� a|l�Z�P�d[FHJ�lMLtI�P8d[abP[g�_]IKP©��F¥NªIhd�F¥{bRhgUa|_]IK{b{kn�G�JmFA_Ha|lmF¥�Qn�FA§wZ�I�L�abP�g*akL��yakL � L � F¥P[RhL�abRhP�RhTG�J\RAjUI���ab{bakL�nªabPf_�{�Ihl\lma|_AI�{�{bRhgUa|_h}8I�P�IKlmG�FA_tLL � I�LSa|lSF�­�G�{bRhJ\F]dfI�Ly{bFHP�ghL � abP � �w� � �#«L+IKP3RUG�F]J�I�L�abRhP�I�{{bFHjwFH{¨}>L � a|lcl�I�P8_�L\abRUP�l IªJ\F]_HabG�FYT�RUJclmRh{kj�abP�g�I � ��¾Hº� �gURwIK{WT�J\RUN0I3G�JmRUghJ'IKN�� L � I�L�a|l��8IhlmFAd�RUPL � F�lML�J\Z�_�L\Z�J\F�RUT>L � F�gURwIK{¨¦

+

Page 9:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

s �+^`RU{kjUF �Y� O�� A��Qn3lmRU{kj�abP[gO��RKL � �Y�+I�P8d � A��v �+^`RU{kjUF �Y� Q�� A��Qn3lmRU{kj�abP[gORUP[F�RhTV�Y��IKP�d �7A�����+^`RU{kjUFY[ 6`� �Qn*lmRU{kj`abP�g�� � 6�¦ � � �!T9RUJylmRUNOF�_�{bRwlmFAd3G�RwlmakL\akjwF�L�FHJ\N �t�q �+^`RU{kjUF I"J\abgha|d�I�L\RUN )�+��Qn3F]akL � FHJ

"¨I ,ªd[FHL\F]JmNOabP�abP[g"L � I�L�akL�a|lyF]§QZ�I�{�L\R�I"gUJmRUZ�P�d*abP�lmL'IKP�_HF�RhTWI¥_H{�I�Z8lmF�abP �O}�RhJ"9��,��Qn�¡[P8d�abP�g*IOgUJ\RhZ�P�d�abP�lMLtIKP�_HF � R ) �+ RUT IO_H{�I�Z8lmF�abP ��lmZ8_ � L � I�L�)�+�IKP�d ) �+ I�J\F

FA§QZ8IK{>IKP8dªL � F]P�lmRh{kj�abP�g��"�

��P L � a|l6d[F]l\_HJ\abG�L�abRhP!}UI�gUJmRUZ[P8d abP�lMLtIKP�_HF RUT8I�G[J\RhgUJ'I�N _H{�IKZ�lmFXa|lDgUFHP�F]J�I�L\FAdc�QnclmZ��8lML\akL�Z[L\abP�g�_H{bRwlmF]dG�RwlmakL\akjwF L\F]JmN�l�T�RUJ�L � F Z[P�akjUF]J�l�I�{b{kn�§QZ8IKPwL�ab¡�F]dfjUI�J\a�IK�[{bFAl+abP�L � F�_�{�IKZ8lmF]l]�SÉ¢F Rh�8lmF]JMjwFcL � I�L�L � a|lJ\FA_�abG�F�d[RQFAlXP�RhLSabP8_�{bZ8d�F�NOF�L � R�d�l T�RUJSl\Rh{kj�abP[g!J RUJ���F�­�ab��{bF�I�L\RUN�lH� �� F�T9RhJ\NOFHJËQabP8dªRUT>ghRQI�{�a|ll\Rh{kjwF]d*L\J\akj`a�IK{b{knw����RQI�{|lyRhTDL � F�{�I�L\L\F]JyË`abP�d�d�RYP[RhL�IKJma|l\F�abT6RUP�{kn*_�{bRwlmFAd*§QZ�FHJ\abF]l+IKJmFc_HRhP8lma|d[FHJ\F]d��

É � ab{bF3L � F3J\F]_HabG�Ffd[FAl\_�J\ab��F]d.I���RAjwF*_H{�IKJmab¡�F]l�L � F3RUG�F]J�I�L�abRhP�I�{ylmF]N�IKPQL\a|_]l�RhT�RUZ[J¥{�IKP[gUZ�I�gUFh}akL�a|lOabP8Ihd�FA§QZ8I�L\F�IKlªI��8Ihlma|lOT�RUJYabNOG[{bF]NOFHPQLtI�L�abRhP!�¯¤�P�FfG�JmRU��{bFHN ��akL � akL�a|l¥L � I�LOakL3Ihl\lmZ�NYFAlIKP¢RUJ�Ih_�{bFªT9RhJ G�a|_�Ë`abP�g�I�lmZ�akLtI���{bF�abP�lmL'IKPwL�a�I�L\abRUP¢RhT�IKP¢FH­`a|lML�F]PwL�a�I�{b{kn¢§QZ8IKPwL�ab¡�F]d�gURwIK{¨��«+P[RhL � F]JG�J\Rh��{bFHN a|lcL � I�L�akL�a|l P�RhP8d�FHL�FHJ\NOabP[a|lML�a|_h¦�_ � RUa|_HF]l � I]jwFYL�R���F�NªIhd�FY��akL � abP¢akL"_HRUP�_HFHJ\P�abP[g�L � Fd[a|l9±mZ[P8_�LyRhTWI"d�a|l°±MZ�P�_�L�akjUF�ghRQIK{�L � I�Lya|lSL\R¥��F�l\Rh{kjwF]d�IKP�d3L � F�_H{�I�Z8lmF�L � I�Lya|lSL\R¥��F�Z8lmFAdªL\RYl\Rh{kjwFIKP¶I�L\RUNOa|_¥T9RUJmN"Z�{�I`� �S� FAlmF�G�JmRU��{bFHN�l IKJ\a|lmF�abP�L � Fª_HRhPQL\FH­`L RUTyIf¡�J\lML r RhJ�d�F]Jc{�IKP�ghZ�I�gUF3Ihl��XF]{b{IKP8d3akL�a|lSZ8lmFHT9Z�{�L�R¥Z[P8d�F]J�lML'IKP8dªL � FcI�G�G�JmRQIK_ � F]lSZ�l\F]d3abP*L � I�L�lmakL\Z�I�L\abRUP*T9RUJyd�F�I�{babP�g¥��akL � L � F]N��e#­`a|lmL\F]PwL�a�IK{6gURQI�{|l�I�J\F�L�JmF�I�L\FAd�L � F]JmF¥�wn�d[FH{�I]n�abP[g3L � F¥_ � Rha|_HF"RhTXIh_tL�Z�I�{£abP8lML'IKPQL\a�I�L\abRUP8l+L�ab{b{WlmZ8_ �L�abNOFYL � I�L�abP�T�RUJmNªI�L\abRUP�a|l"I]jhIKab{�I���{bFªT�RUJ NªI�Ë`abP[g�L � F / Jmabg � L 0D_ � Rha|_HF]l]� �oP¢G8IKJmL\a|_HZ[{�IKJ]}#IfgURwIK{ RhTL � FfT9RUJmN=[ 6`��a|l¥L�J'I�P8lmT9RhJ\NOF]d¶abPQL\R�RUP[F�RUT+L � F�T9RhJ\N ��� 6 ¦ � �#�y� � FHJ\F�� a|l�I©P�F�� "°T�J\FHF�,jUIKJma�IK�[{bF"L � I�L�N�I]n���F¥abP�lmL'IKPwL�a�I�L\FAd�abP�L � FY_�RUZ�J\lmF"RUT _HRhNOG�Z�LtI�L\abRUP�� «�_tL�Z�I�{WabP�lMLtIKPwL�a�I�L�abRUP�l�T9RhJl\Z�_ � jhIKJma�IK��{bF]lXIKJmF�d�FHL�FHJ\NOabP[FAdOI�L#L � FSL�abNOFyRUT�l\Rh{kj�abP[g"I�L�RhNOa|_SghRQI�{|l]����akjUF]PYL � F+I�L�RhNOa|_SgURwIK{�) }�F�{bRQRUË¥T�RUJI�G�JmRUghJ'IKN _H{�I�Z8lmF+RUT�L � F+T9RhJ\N ] � � ������]�� � ) � RUJ�] � � ������]�� �."�� � R ) � ,£L � I�LXa|lXlmZ8_ �L � I�L) Z�P�ab¡[FAl ��akL � L � F�T�RUJ\N�Z�{�I�L � I�LSJmFAlmZ�{kL�lT�J\RUN ) � �QnOJ\F]G[{�Ih_�abP�g�L � F�Z�P�akjUF]J\l'I�{b{kn3§wZ�I�PQL�ab¡[FAdjUIKJma�IK�[{bFAl��akL � P[FH�ÊjhIKJ\a�I���{bF]l]� �oT£I"_H{�IKZ�lmF�RUTDL � a|lË`abP8d3a|lST9RUZ[P8d�}�L � FHP!}�d�F]G�FHP8d�abP�gYRhP*akL'lST9RhJ\N�}F]akL � F]J�L � FOI�L�RUNYa|_�ghRQI�{WlmZ8_]_�F]F]d�l�abNONOFAd�a�I�L\F]{kn�RUJ�L � F"P�F�­`L�LtIhlmË���FA_�RUNOF]l+L � I�L�RhT lmRU{kj�abP[g3L � FJ\FAlmZ[{kL�abP�g©abP�lMLtIKP�_HF3RUT�� � �¢É¬akL � J\FHgQI�J�d¹L�R�P�RhP8d�FHL�FHJ\NOabP[a|lmN�}WL � F3Z8lmZ�I�{ylmRU{bZ�L�abRhP·a|l"L�R�NªI�ËUFI�_ � Rha|_HFfabPµI�G�J\F]d[F�L�F]JmNOabP�F]d¶NªIKP[P�FHJOIKP8d¶L\R�J\F]_HRhP8lma|d[FHJ¥L � a|lO_ � RUa|_�FfabP<_AIKl\F*RUT�l\Z[�8lmFA§wZ�FHPQLT¨IKab{bZ[J\Fh� �oP�G8IKJML�a|_HZ[{�IKJH}�d[a|l9±MZ�P8_tL�akjUF ghRQIK{|l�IKJmF�_HRUP�lma|d[F]JmFAdfabP©I¥{bF]T�L r L\R r J\abg � L�RhJ�d�F]J�IKP�d�G�JmRUgUJ�IKN_H{�IKZ�lmFAl�I�J\F�Z8lmFAd3abP3L � F�RhJ�d�F]JyRhTDG�JmFAlmF]PwLtI�L\abRUP�� �oLL�Z[J\P�lyRhZ[LSL � I�LSL � F�L\J\F�I�L�NOFHPQLSRhT>L � F�{bRUgUa|_]IK{_HRUP[P�F]_�L�akjUFAlH}�L � Fcl\F]§QZ[F]P8_�abP�gYL � J\RUZ[g � G�JmRUgUJ�IKN _H{�I�Z8lmFAl�I�P8dfN"Z8_ � RhT£L � FcZ[P�ab¡�_AI�L\abRUP�abPwjwRU{kjUFAdabP�L � a|l�G�J\R`_HF]l�l�_AIKP©Ih_�L\Z�I�{b{kn���F¥_HRhNOG�ab{bF]d©I�P8d�L � a|l�a|lH}�abP�T¨IK_�LA}�� � I�L�a|l�d[RhP�F��yakL � abP©NªIK_ � abP�FNOR�d�F]{|lylmZ�_ � IhlL � F�É©«�p��

�S� Fca|d�F�IKl�d[a|l\_HZ�l\l\F]d�IK��RAjwF � IHjwF�RU�wj�abRhZ8l+I�G�G�{ba|_]IK�[ab{bakL�n*abPfL � F�abNOG[{bF]NOFHPQLtI�L�abRhP*RUT6RUZ[J�{�I�P rgUZ�I�gUF"Ihl��FH{b{¨��Ì+R��XFHjUF]J]}�L � F]abJ+G�JmFA_Ha|lmF�d[F]G[{bR�n`NOF]PwL�N"Z�lML+L'IKËUF abPwL�R3Ih_]_�RUZ[PQL�L � F � abg � FHJ r RUJ�d�F]JP�I�L\Z�JmFSRUT8L � a|lW{�I�P�gUZ8IKghFU�£«µd[F�LtIKab{bF]d¥F�­�G�RUlmakL�abRUP¥RhT8L � FSP[FH�.G�JmRU�[{bF]N�l£G�RwlmFAd��Qn L � a|l�IKlmG�FA_tL I�P8dIKP�abPQL\F]ghJ'I�L\abRUP�RUT�L � FHabJ L\J\F�I�L�NOFHPQL�abPQL\R L � F���Ihlma|_�T�J'IKNYFH�RhJ\Ë¥d[F]l�_�J\ab��FAdªIK��R�jUF+a|l�L � F�lmZ���±MFA_tLXRhTL � F�J\F]lmL�RhTDL � a|lSG�IKG�F]JH�

u

Page 10:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

zXFHT9RhJ\F+_�RUP8_�{bZ8d�abP�g�L � a|l lmF]_�L�abRhP!}U�F+_HRhNONOF]PwL#��JmabF �[nYRhPYL � F+JmabgUa|d�akL�nYRUT�L � FyL�n`G�abP[g JmF]gUabNYF]PZ8lmFAd�abP�RhZ�J�{�I�P�gUZ8IKghFU� �� F"G[J\FAd�a|_AI�L�FAl'0��1� -'½ ��IKP8d 0 �1� � �\º� �IKl+�F � I]jwF"d�F]¡�P[FAd�L � F]N � FHJ\FIKJ\Fh}£T9RhJ abP�lMLtIKP�_HFh}£J\F]lmL\J\a|_tL�FAd©L�R�IKG[G�{kn©L�R�{ba|lmL�l RhTSabP�d[akj�a|d�Z�I�{|l¥IKP�d¢_AIKP[P�RKL���F�Z�l\F]d���akL � {ba|lmL�lRUT�abPQL\F]ghF]J�lH}S{ba|lmL�l�RhT�{ba|lmL�l�RUJ�{ba|lML'l�RUT�T�Z�P�_�L�abRhPµRU�`±mFA_tL'lH� �� a|l�abP �[FH­`ab��ab{bakL�nµ_]IKPµ��F�IK{b{bF�j�a�I�L\FAd�Qn·abP�±mFA_tL�abP[g¹I�T�RUJmN RUT�G�RU{kn`NORUJmG � a|lmN L � JmRUZ�g � L � FfZ8lmF�RUT+L�n�G�F*jUIKJma�IK�[{bFAlH� �S� Z�lH}X��akL � IKPIKG�G[J\RhG�J\a�I�L�Fc_ � IKP[gUF�L\R¥L � F�Z[P8d�F]J\{kn`abP�g¥L�n`G�abP[g�l\_ � F]NYFU} 0 �1� -�½ ��NªIHn � I]jUF���FHF]Pfd[F]¡[P�F]d3L�R¥��FRUT6Lon�G�F � ����� ) , ") ,�� ,W, � ������� ,.�`}�� � F]JmF ) IKP8d�� _AIKPf��FcabP8lMLtI�PQL�a�I�L�F]df�wn�I�J\�[akL�J'I�JmnL�n�G�FAlH�¬« G�Rh{kn�NORhJ\G � a|lmN RUT+L � a|lYË`abP�d<a|lH}abPµJmF�I�{bakL�nw}SlmZ�G[G�RUJML�F]d.�wn¯¿8²#JmRU{bRhg��¬Ì+RA�FHjUF]JH}X�FF]{ba|d[F�L � a|lG�RU{kn`NORUJmG � a|lmN � F]JmF���FA_]IKZ8lmF�akLG�RwlmF]lSIhd[d[akL�abRhP�I�{�abNOG�{bFHNOF]PwLtI�L�abRUP�G[J\Rh��{bF]NOl L � I�LX�FG�J\F]lmF]PQL\{kn�d�RªP�RKL��ya|l � L�Rª_HRUP�lma|d[F]JH� �8RhJ+L � F abPQL\F]JmFAlML�F]d�J\F�IKd[FHJ]}�L � FAlmF G�JmRU��{bFHN�l�I�J\F�d[a|l\_HZ�l�lmF]dT9RUJ"I�¡�J�lML r RUJ\d[FHJ�{�IKP[gUZ8IKgUF�abP � vUv � � �� F3lmRh{bZ[L�abRhP8l�G[J\RAj�a|d[F]d�L � FHJ\FHabP·IKJmFªF]PQL\abJ\FH{kn¹_�RUNOG8I�L\ab��{bF��akL � L � F�abNOG�{bFHNOF]PwLtI�L�abRUP3NOF�L � R`d�lX�XF d�FHjUF]{bRUG � FHJ\F�T9RhJyRUZ[J�l\abNYG�{kn�L�n`G�F]df{�I�P�ghZ�IKghFU�

� ���)���¥&������y,D� È ���������"���W�����

� R�G[J\RAj�a|d[F�I�T�J'I�NOFH�XRUJ\Ë�T9RhJOIh_tL�Z�I�{SabNYG�{bF]NYF]PQL'I�L\abRUP!}£�F*JmF]¡�P[F*L � F3J\FA_�abG�F*T9RUJ¥lmRU{kj`abP�g�ghRQI�{T9RUJmN"Z�{�IKl�d[F]l\_HJ\ab��FAdYabPYL � Fy{�IhlMLXlmFA_tL�abRUPY�Qn¥abPwL�J\R`d[Z�_HabP�gcT9JmF]FSjUI�J\a�I���{bFAl�abPOT9RhJ\N"Z[{�Ihl�IKP�dY�Qn"Z8lmabP�gZ�P�ab¡�_AI�L�abRUPªabP*_HRhPK±mZ[P8_tL�abRUPO��akL � L � FAlmF�T�RUJd[F�L�F]JmNOabP�abP[g"l\Z[akLtI���{bF�abP8lMLtI�PQL\a�I�L�abRhP8lXRhT!FH­�a|lML\F]PQL\a�IK{b{kn§QZ�I�PQL\ab¡�FAd*gURQI�{|lH�VXRhP8lML�JmZ8_�L\abP�gOlmZ8_ � I"G[J\R�_�FAd�Z�J\F�JmFA§QZ[abJ\F]l�I"NORhJ\Fcd�FHL'IKab{bFAd*Z�P8d�F]J\lmL'IKP�d[abP�gYRhTL � F � abg � F]J r RhJ�d[FHJyZ�P�ab¡�_AI�L�abRUPfG[J\RU�[{bF]N�}8I"NªI�L\L\F]JXL � I�Ly�XFc¡[J�lML+d�a|l\_HZ8l\lH���P¶L � F*gUFHP�FHJ'IK{y_]IhlmFU}XI � abg � FHJ r RhJ�d�F]JYZ[P�ab¡�_AI�L\abRUP·G�J\Rh��{bFHN a|l"gUakjUF]P.�wn.I�¡[P�akL�Ff_HRh{b{bFA_�L\abRUP

RUTG�IKabJ\lcRUTXL\F]JmN�l�abP�� � a|_ � L � FYLo�RfL�FHJ\N�l�abP�F�IK_ � G8IKabJ � IHjwFOa|d[F]PwL�a|_]IK{#Lon�G�F]lH��^QZ8_ � IflmF�L a|lJ\F]T�F]JmJ\FAd3L�RªIhl+I �9¾�� &/��º'º 0�º�� � ¾Hº � �«�lmRU{bZ�L�abRhP�L\R�}8RhJ�IYZ[P�ab¡[F]J�T9RUJH}�I¥Z[P�ab¡8_]I�L\abRUP�G�J\Rh��{bFHN a|l�Il\Z[�8lML�akL\Z[L\abRUP�� L � I�L�N�IKËUF]lL � F�Lo�R"L�F]JmN�lSabPfFAIh_ � G�I�abJ�F]§QZ8IK{�� � FHP�akL�a|l+I�G�G[{babFAd3L�R"L � FHN��

�S� FcNORwlMLS�ya|d[F]{knfZ�lmFAd�IKG[G�J\RwIh_ � L�ROlmRU{kj`abP�g � abg � F]J r RUJ\d[FHJ�Z�P[ab¡8_AI�L�abRhP�G�JmRU��{bFHN�lya|lSL � FcRUP[Fd[Z�FXL�R�Ì+Z[FHL � vK~ � � �S� a|lWNOF�L � R`d J\F]{babF]lWRhPOI+T9RhJ\N T9RUJ6L�FHJ\N�l>L � I�L#a|l£JmF]T�F]J\JmFAd L�R�IhlWI � F�IKd"P[RUJ\N�IK{T9RUJmN���« L�F]JmN a|lyabP�lmZ8_ � I"T9RhJ\N abT6akL � IKlSL � FclML�JmZ8_�L\Z�JmF"¿_6 � �����t¿_6 � " ) � � �����3� , � � F]JmF')�a|lF]akL � F]J�I*_HRUP�lMLtIKPwLcRUJ�I3jhIKJma�IK��{bFh� ��akjUF]P¢lmZ�_ � I3L\F]JmN�} ) a|l _]IK{b{bFAd©akL'l �[º�� K}>L � F�IK��lmL\J'IK_�L�abRhP8lI�LSL � F�T9JmRUPQLSRUT>L � F�L�FHJ\N I�J\F�_�RU{b{bFA_tL�akjUF]{kn3_AI�{b{bFAd3akL'l'(���� wº �t}_�5���������B� I�J\F�_]IK{b{bFAd3akL'lyIKJ\ghZ�NOFHPQL�l]}" ) �?�0�����3� ,�a|l�_AI�{b{bFAd�akL�l ��R`d�n¢I�P8d�L � FOL\F]JmN a|l�l�I�a|d�L�R���F � � &�% ¥abT)Ía|l"I�_HRhP8lMLtI�PQL RhJ"IKPF]{bF]NYF]PQL�RUT ��6)�����������B6 ���w}�IKP�d &Sº � �%(� bºSRhL � F]JM��a|lmFU����e#jUF]JMn*L\F]J\N abP�RhZ�J�Lon�G�F]d�{�I�P�ghZ�IKghF�_]IKP���FL�J'I�P8lmT9RhJ\NOF]d"abPQL\R lmZ8_ � I�T9RhJ\N�NOR`d[Z�{bR�L � F�{�I�N"��d�I�_�RUPQjUF]J\l\abRhPYJ\Z�{bF]l.� q � �#p�RhJ\F]RAjwFHJ]}UL � FyJ\F]l\Z[{kL'lRUT�IKG�G[{kn�abP[gcI�lmZ���lML�akL�Z�L�abRhP�L�R�I+L\F]JmN�I�P8d L�R�IKPQn RUP[FSRhT8akL'l � F�IKd"P[RUJ\N�IK{`T9RhJ\N�lWI�J\FFA§wZ�IK{`Z�P8d�F]JL � F]lmF JmZ�{bFAlH� �S� Z8lH}��XF NªI]n3J\FAlML\J\a|_�L�RhZ�J�I�L\L�FHPQL\abRUP�L�RYL�FHJ\N�lyabP�lmZ�_ � IYT9RUJmN�IKly�F � FHP8_�F]T9RhJmL �d[R��

Ì+Z[FHL 0�l£Z�P[ab¡8_AI�L�abRhP¥G�J\R`_HF]d[Z�JmFy_HRhP8lma|lML'l£RUT8L � FJ\FHG�FHL\akL�akjUFSZ8lmFSRUT�L��XR�G � IKlmFAl£T9RhJ£L�J�IKP8lmT�RUJ\NYabP�gI+gUakjUF]P"d[a|l�IKghJ\FHF]NOFHPQL£lmFHL£abPQL\R�I+T9RhJ\N�T9RhJ6� � a|_ � akL#_AI�P���Fd[F]_Ha|d[F]d P�R�Z[P�ab¡�FHJ�l6F�­�a|lML£RUJ£T�RUJD� � a|_ �Z�P�ab¡8IK�[ab{bakL�n�a|lcFHj`a|d[FHPQLA� �� FO¡[J�lML RUT L � F]lmFOG � IhlmFAl�a|l�I�Ë`abP�L�RfL � FYL\F]JmN0lmabNOG�{bab¡�_AI�L\abRUP�L � I�L a|lIKPfabPQL\J\abP8lma|_�G�I�JmL�RUTD¡�J�lML r RUJ\d[FHJ�Z[P�ab¡�_AI�L\abRUP��VXRhP8lma|d[FHJyL��XR � F�IKdfP[RUJmNªIK{�T�RUJ\NOlL � I�L�IKJmF�RUTDL � Fl'I�NOFyLon�G�Fh� �� F���abP�d[F]J\l RhT�L � F]lmFyL�FHJ\N�l#NªI]n"��F�d[a|lML\abP8_�L ��RKL � abPOL � F+_ � Rha|_HF+RhT�jhIKJ\a�I���{bF+P8IKNOF]l +�,.-��?-��JEKn.57-V:=<.G�24E786E7G)C�-B24W�EK<.3@5K3@8=P E7<@C�243YG.>.AB-IG`,.-B24-]E7FO:6<�-��DC�-B<.F�EK3@<36LXC�,?:SCMG.-BF4AB24E7n�-BG�L 362O:=C�36WRE7A�863@:=57F$T

sH~

Page 11:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

IKP8d�abP©{bF]P[ghL � I�L�L � F¥RhZ[L'lmF�LA}���Z�L�L � FAlmFY_]IKP©��FOIKJ\J�IKP[gUFAd�L\R*��F¥a|d[FHPQL�a|_]IK{£L � J\RhZ�g � L � F"Z8lmF¥RhTL � F%� r IKP8d � r _�RUPQjUF]J\l\abRhP�J\Z[{bFAlH��É�FYNªIHn�L � F]JmF]T9RhJ\FªIKl\l\Z[NOF"L � I�LcL � F¥L�FHJ\N�l�abP¢§QZ[FAlML�abRhP¹I�J\FabP�T¨Ih_tL+RUT6L � F T�RUJmN�¿_6 � �����'¿:6 � " ) � � � �����9� � ,yIKP8d�¿:6 � �����+¿:6 � ") A � ����� �� ,SJmFAlmG�F]_�L�akjUF]{knU��+R���}!abT���RKL � L\F]J\NOl�IKJmF"J\abgha|d�}!akL�_AI�P©��F¥lmF]FHP�L � I�L�L � F�n�IKJmF"Z�P[ab¡�I���{bF¥RUP[{kn�abT ) � I�P8d ) A I�J\Fa|d[F]PwL�a|_]IK{DIKP�d�}�abP*L � a|ly_AIKl\Fh}[L � FHn � IHjwF�L � F�l'I�NOF�Z�P[ab¡�FHJ�l+IKl�d�R`F]lSL � F�l\F�L

� � ¿:6)�7�����'¿_6 �3� ���t¿_6��7�����'¿:6:�K��1�?��������� �¨¿:6)�7�����t¿:6:� � �B�'¿:6)� �����'¿_6 �K ��� �w³

P�RhL\F3L � I�L"L � F3a|d[FHPQL�akLon¹RhTyL�n`G�F]l"FHP8lmZ�JmF3L � I�L>� ��� abT ) � � )4A�� �� Z�l]}#gUakjwFHP<I�P<I�J\�[akL�J'I�Jmnd[a|l�IKghJ\F]FHNOF]PwL+lmFHL]}[L � a|lyRU�8lmFHJmjUI�L�abRhP�_]IKPf��F�Z�l\F]d*F]akL � F]JyL\RO_HRUP�_H{bZ�d[F�L � I�L�akL � IKlyP�RYZ[P�ab¡�FHJ�lyRUJL�RYJmFAd�Z8_HF�akLyL�R�I�P�RKL � FHJ�d�a|l'I�gUJmF]F]NYF]PQLylmFHLS�yakL � L � Fcl�IKNOF�Z�P[ab¡�FHJ�l+I�P8d*abP*� � a|_ � FAIh_ � G�I�abJ � IhlI�L�{bF�IKlmL�RhP�F ��F�­�ab��{bF L�F]JmN��+É�F¥Ihl\lmZ�NYF ��F]{bRA� L � I�L�L � a|l�Ë`abP�d�RUT�lmabNOG[{bab¡8_AI�L�abRhP�a|l�_AIKJmJ\abF]d�RUZ�L�Qn3I�T�Z�P8_tL�abRhP*_AI�{b{bFAd������ ��L � I�LSJmFHL\Z�J\P�lyI�d[a|lML\abP�gUZ[a|l � FAd�jUI�{bZ�F��¯abPªL � F�_]IhlmF�L � I�LakL�d�FHL�F]_�L�lL � F�abNOG�RUl\l\ab�[ab{bakL�n3RUTDZ�P[ab¡8_AI�L�abRhP!�

¤�P�F�RUTL � FªG�RUl\l\ab�[ab{bakL�abF]l�T9RhJ L � F�jhIK{bZ�FªJmFHL�Z[J\P[FAd¢�wn������ �.a|lcL � I�L�akL"a|l¥I�d[a|l�IKghJ\FHF]NOFHPQLl\F�LSL � I�L � IKlSRUP�{kn / �[FH­�ab�[{bF r ��FH­`ab��{bF�0�G�I�abJ�lH��«�lmFHLyRUT>L � a|lSË`abP�d*a|lSË`P[R��yP*L�R¥��F�Z[P�ab¡�I���{bF���Z�LA}[abPL � F�_AIKl\FcL � I�L�akL�a|l+P�RUP r FHNOG[Lonw}�I�_HRhNOG�{bF�L�F�lmF�I�J�_ � T9RUJ+akL'l�Z[P�ab¡[F]J�l�_]IKP���F�Z[P8_HRhP8lML�J�IKabP[FAd � vh~ � ��S� F3��F]lMLYlML�J'I�L�FHghn¢T�RUJ�L � FAlmF*lmF�L'l�a|l�L � FHJ\FHT9RUJmFªL�R�L�J\FAI�L"L � FHN IKl¥_HRUP�lML�J'I�abPQL�l"RhP.IKPwn¹T�Z�JmL � FHJG�J\R`_HF]l�lmabP[gORhJ]}[abT£_HRhNOG�Z�LtI�L�abRUP*a|l�I�L�I�PfF]P8d�}[L\RYG�JmFAlmF]PwLyL � F]N Ihl�lmZ�_ � RhP�_�RUNOG[Z[L�F]dfIKP�lm�XF]J\l]�

�S� FYlmFA_�RUP�d�G � IhlmF"abP©Z[P�ab¡�_AI�L\abRUP©��FA_HRhNOFAl+J\F]{bF�jUI�PQL�� � FHP��������¢J\F�L�Z�JmP8l�I3lmFHL�L � I�L � IhlI�L�{bFAIhlML�RUP[F / ��FH­`ab��{bF r J\abgha|d 0�G�IKabJH��«�lmZ��8lML\akL�Z[L\abRUP�NªIHnf��F G�RwlmakL�F]d�T9RhJ+J\F]d[Z8_�abP�gOL � F�d�a���FHJ\F]P�_HF��FHLo�FHF]P L � F�L\F]J\NOl>abP�L � F G8IKabJ6abP L � a|l6_]IhlmFU� � �R�Ë`abP�d�lDRUT[FH{bF]NOFHPQLtI�JmnclmZ���lML�akL�Z�L�abRhP8l6_�RUNOG[{bFHL\F]{kn_HR�jUF]JOIK{b{SL � F*G�Rwl\lmab��{bF*�SI]n[l¥RhT�d[RhabP�g�L � a|lH� �� Ff¡�J\lmLYNªIKËhFAl�L � F � F�IKd·RUT�L � F ��FH­`ab��{bF*L�FHJ\N/ abNOakL'I�L�F�0�L � I�L�RUT#L � F"J\abgha|d�L�FHJ\N�}!IKP�d�L � F¥lmFA_�RUP�d / G[J\RK±MFA_tL'l�0�akL�RhPQL�R3RUP[F"RUT#L � FYIKJmgUZ[NOF]PwL'l�abPL � F � RUG�F¥L � I�L�L � F � F�IKd©RUT L � FOJ\F]l\Z[{kL�abP[gfL�FHJ\N/NªIHn���FONªIhd�FYa|d�F]PQL\a|_AI�{#L\RfL � FYJ\abgUa|d�RUP[FU���oPG�IKJML�a|_�Z�{�IKJH}U{bFHLZ�?�£��FXL � F �[FH­�ab�[{bFL\F]JmN ��akL � � IKl£akL�l � FAIhd¥IKP8d�{bFHLZ�BA���FL � FJ\abgUa|d�L\F]JmN �yakL � IhlakL'l � F�IKd�����Z�JML � F]J]}�{bF�L�L � F�L�n`G�F]lyRhT]�®I�P8d+ ���F��'�K,������ ,N���7,1*¶IKP8d�� �^,�������,�� � ,1*J\FAlmG�FA_�L\akjwFH{knw}[� � FHJ\F7*¢a|l+I�P�I�L\RUNOa|_�Lon�G�FU� �� FHP

s �L � F �!0 � � � � �����¾'½�(H¾ � � � ½ � ����Oa|l�d�F]¡[P�FAd3RUP[{kn3� � FHP@ �a|l+I"_HRUP�lMLtIKPwL�I�P8d*a|l

� �4�^�t¿���� �����'¿ �!��"& "#"!�$���(�����$�!��,E����� "%" � ���(�����$�!��, , ���U}

Ihl\lmZ�NOabP[g�L � I�L&"8�����������'" � I�J\FyP�F��c}`I�P8d � FHP8_HFyT�J\F]Fh}UjUI�J\a�I���{bFAlWRUT�IKG[G�J\RhG�Jma�I�L�FSLon�G�F]lH}`I�P8d

v �ST9RUJ s � � �)( }!L � FG�#*,+�� � �M¼]º ��� ���¢¾�½�(�¾ � � � ½ � �����a|lcd[FH¡�P�F]d©RUP�{kn�� � FHP-���a|lcRhTXL � FYT9RhJ\N*��K,-����� , */.P,1*¹IKP8d*a|l

� �4�^�t¿���� �����'¿ �!��"0� �2"#"!�$���(�����1�!�,E����� "#"2.3���(�����1�!��, , ��� �U}

Ihl\lmZ�NOabP[g4"8�����������'"5.6IKJmF�P�F�� jUIKJma�IK�[{bFAlyRhTWIKG[G�JmRUG�Jma�I�L\F�Lon�G�FAlH�

�+RhL\a|_HFL � I�LWL � FAlmFylmZ[�8lML�akL\Z[L�abRhP8l#IKJ\Fyd�FHL\F]J\NYabP�FAd�F]PwL�abJmF]{kn"�wn�L � F � FAIhd[lWRUT8L � F �[FH­�ab�[{bF+I�P8d"J\abgha|dL�F]JmN�lSabP�§wZ�FAlML\abRUP�I�P8d3L � FHn*IKJ\F�¡�P[akL�F�abPfP`Z�N���F]JH�

shs

Page 12:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

������������ ����

�������� ��� ����

������ ����� � ����

��� ���

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

�������-�+��� ����

�����%$.�+��� ����

�������-�+��,�(���

���

�������-�+��,�(���

���

�������) ��� ����

�����%$.���&�(��������%$, ��� ���-�����) ��� ����

�£abghZ�J\F s ¦�«�NªI�L�_ � abP�g"L�JmF]F�T9RUJ���� "�� ,?�%"�'8 8 , � �

�S� F akL�F]J�I�L\akjwF Z8lmF RhT£L � FcL��XRªd[F]l�_�J\ab��FAd�G � IhlmFAl�abP�Z�P[ab¡8_AI�L�abRhP�P�I�L�Z[J'IK{b{knfabPwjwRh{kjwFAl�IOlmF�I�J�_ �� � RUlmF lML�J\Z�_�L\Z�J\F�_AI�P���F�j�a|lmZ8IK{bab�]F]d*L � J\RhZ�g � � � I�L � IhlS��F]FHP�_AIK{b{bF]d�I¥NªI�L'_ � abP�g"L�JmF]F)� vK~ � ���£abg rZ�J\F s G�JmFAlmF]PwL'l"lmZ8_ � I�L\J\F]F3T9RhJ"L � F3Z�P[ab¡8_AI�L�abRhP·G[J\RU�[{bF]N � �4� �$'8 8 �� �fFHP8_�RUZ�PwL�FHJ\FAd¢abP.e#­ rIKNOG[{bF v � s � �S� F�IKJ\_]l"abP¶L � a|l�L�JmF]FfIKJ\F*{�I���FH{b{bFAd¹��akL � L � F*JmF]{bFHjhIKPwLYabNOakLtI�L�abRUP·IKP8d¶G[J\R�±mFA_tL�abRhPl\Z[�8lML�akL\Z[L\abRUP8l�I�P8d�L � F P[R�d[F]l+J\F]G[J\F]l\FHPQL+L � F�JmFAlmZ�{kL�RUT£L\J'IKP�lmT9RUJmNOabP�gYL � F"lmFHL�RhP�L � F�G[J\abRhJ�P[R�d�F�Qn�¡[J�lMLYI�G�G[{kn�abP�g�L � F3lmZ[�8lML�akL\Z[L�abRhP¹RhP¢L � F�abP8_�RUNOabP[g©IKJ\_3I�P8d�L � FHP¶_AI�J\JMn�abP�g�RUZ�L�L � F3lmabNOG[{ba r¡8_AI�L�abRhP�F]N"��R�d�abFAd©abP ����� �6� �S� FY{bF�I]jUFAl�RhTSI*N�I�L'_ � abP[g*L�JmF]F�IKJmFO{�IK��F]{b{bF]d�F]akL � F]J���akL � ��RUJ��akL � IflmFHLcRhT��[FH­`ab��{bF r ��F�­�ab��{bFOG�I�abJ�lH�ª«ÍlmRU{bZ�L�abRhP�L\RfL � FYRUJmabgUabP8IK{�Z�P�ab¡�_AI�L�abRUP�G�J\Rh��{bFHN _]IKP���FRU�[L'IKabP[FAdY�wnY_HRhNOG�RUl\abP[g�L � F+lmZ���lML�akL�Z�L�abRhP8l#RhPYL � F�G8I�L � L�R�L � Fy{�I�LmL�FHJ�Ë`abP�dYRUT�{bFAIKT���akL � I�Z�P�ab¡[F]JT9RUJSL � I�L+{bF�I�T�����PfL � F�FH­[IKNOG[{bFcG[J\F]l\FHPQL\FAd�}�Rh�8lmF]JMj�abP�gYL � I�L�IKPfF]NOG�L�n*d�a|l�IKgUJmF]FHNOF]PwL+lmFHL � IhlSL � FF]NOG�L�nYlmZ���lML�akL�Z�L�abRhPªIhl�akL�l�NORwlML ghF]P�FHJ'I�{8Z�P[ab¡�F]JH}QL � FAlmF+lmRh{bZ[L�abRhP8l�abPwjwRU{kjUF�lmZ��8lML\akL�Z[L\abP�g"¿:6 ' 8 8}¿:6 ' !6>}�¿:6 '86@ *I�P8d�¿_6)'!6@6�T9RhJ��"�X«�NªI�L�_ � abP�g¥L\J\FHFca|lyFH­ � I�Z8lML�akjUFcabPfL � Fcl\FHP8lmF�L � I�LyL � FZ�P�ab¡[F]J\l�RUT6L � Fc{bFAI]jwF]l�RUT#I¥_HRUNYG�{bFHL\F]{kn3FH­`G�I�P8d[F]d*L�JmF]F _AI�P���FcZ�lmFAdfabP�L � a|lyT¨Ihl � abRUPfL\R�G[J\R�d�Z8_�FIK{b{WL � F¥Z[P�ab¡�FHJ�l�RUT�L � F¥RUJmabgUabP�I�{�lmFHL]� É¢F"P�RKL�F"L � I�L]}!abP�G�I�JmL\a|_HZ�{�I�J�abP�lmL'IKP�_HFAlH}!l\Z�_ � I�L\J\F]F¥N�I]nabP8_H{bZ�d[FcP[RUPwL�F]JmNOabP�I�L�abP[g¥��J'I�P8_ � FAl�I�P8d*N�I]nw}8IKl�I"J\F]lmZ�{kLA}���F�abP�¡[P�akL\FU�

¤�Z�J�F�jwF]PwL�Z8IK{>Rh��±mF]_�L\akjwFca|lyL\Rªd�FAl\_HJmab��F�IYNOF]_ � IKP�a|lmN T�RUJ+lmRh{kj�abP�g�ghRQI�{>T9RhJ\N"Z[{�IhlyJmF]{�I�L\akjwFcL\RgUakjwFHP©G[J\RhgUJ'I�N�lH� �S� F¥{bRhgUa|_AI�{WlML�JmZ8_�L\Z�JmF"RUTXIOgURQI�{£T9RhJ\N"Z[{�IªIK{bJ\FAIhd`n�FHP�gUFHP8d�F]J�l�IªlmF�I�J�_ � Ihl+�F� I]jUF lmF]FHP�abP�^`FA_tL�abRhP v ����P�I¥JmF]¡�P[F]NOFHPQLSL�R¥L � FcNYR�d[FH{!G[J\FAlmFHPQL�F]d3L � F]JmFU}8Z[P�ab¡�_AI�L\abRUP�G[J\Rh��{bF]NOlIKJ\a|lmF abP�L � F�I�LmL�FHNOG[L�L\RªlmRh{kjwF"I�L\RUNOa|_�gURwIK{>T9RhJ\N"Z[{�IhlH�y«�lMLtI�L\F abP�L � F RAjwF]J�IK{b{DlmF�IKJ\_ � NªIHn3L � Z8l��Ffd[F]l\_HJ\ab��FAd.IhlOI�_�RUNOG�RwlmakL�FªRUT�I�lmFHL¥RUT+ghRQIK{ST�RUJmN"Z�{�IKlYI�P8d.I�d[a|l�I�gUJ\FHF]NOFHPQLYlmFHLA�¶²#JmRUghJ\FAl\lL � JmRUZ[g � L � a|lylMLtI�L�F�lmG�Ih_�F�N�I]n���F�NªIhd�F��Qn3lmabNOG[{bab¡8_AI�L�abRhPflML�FHG8lyI�G�G�{babF]d3L\R¥F]akL � F]JXL � F�gURQI�{!lmF�LRUJ+L � F�d[a|l�IKghJ\F]FHNOF]PwL�lmF�LA� �oP©IKPwnfgUakjUF]P�_]IhlmFU}8L � FAlmF�lML�F]G�l+N"Z�lML���F�J\FH{�I�L\akj�ab�]F]d�L\R*IOG8IKJML�a|_HZ[{�IKJG�J\RhgUJ�IKN �O� �S� F+P�RhL\abRUP�RhT>I � r d�F]J\akjhI�L\abRUP � �U� ��L � I�L gUF]P[F]J�IK{bab�]F]lS^ �6E d�F]JmakjUI�L\abRUP�lXd[F]l\_HJ\ab��FAdOabP� ���!T9RhJy¡�J\lML r RhJ�d�F]J�Ì�RUJmP�_�{�IKZ�l\F�{bRhgUa|_�NªIKËhFAlXL � a|lya|d�F�I"G�JmFA_Ha|lmFh�/3Â�0 :21�?31�2�:54 ����� �>F�L�����FcI G�JmRUghJ'IKN IKP�d3{bF�L76¹I�P8d � ��F�lMn`N"��Rh{|lXT9RhJylmFHL�lRhT>gURwIK{�T�RUJmN"Z�{�IKl

s]v

Page 13:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

IKP8d�l\Z[�8lML�akL\Z[L\abRUP8lH}>J\F]l\G�FA_tL�akjwFH{knw����Z�JML � F]J]}>{bFHL�� ��F�IflMn`N"��Rh{WT9RUJ I*d[a|l�I�gUJ\FHF]NOFHPQLcl\F�LcRhJ�L � Fl\G�FA_�a�IK{�jhIK{bZ�F ��� �£abP8IK{b{knU}[{bFHL ���c¸����µ��F�I T�Z�P�_�L�abRhPªRUP �[FH­�ab�[{bF r J\abgUa|d3d[a|l�I�gUJ\FHF]NOFHPQLXG�IKabJ\lXL � I�LG�J\R`d[Z�_HFAlXL � F�lmFHLSRUT>abNOakLtI�L�abRUP*IKP8d3G[J\R�±mFA_tL�abRhPflmZ���lML�akL�Z�L�abRhP8lXT9RUJyIKPwnªgUakjUF]P3G�IKabJH� �� F]P�IcL�Z[G�{bF� 6 A ��� A � � A �Ya|lªl�IKa|d.L�R¢��F � r d[FHJ\akjUI���{bF�T�J\RUN)I�L\Z�G�{bF � 6 � ��� � � � � �¥abPµ� � a|_ � � �� � abT�akLªa|lRU�[L'IKabP8IK��{bF�T�J\RUN�L � F�{�I�L\L\F]Jy�QnªRUP�F�RUTDL � F�T�RU{b{bR��yabP�gOlML�FHG8lH¦

s �$, � �� �¾��!0 �� '� � � � � �����¾ � º ��¦ � A � � }�� A � �;�H}�IKP�d*T9RUJylmRUNOF � " 6��yakLya|lSL � Fc_]IhlmF�L � I�L

"¨I ,�� a|l4J�IKP�d 6PA � 6���� ���'�w}[RUJ"9��,�� a|l��Y�FO�� A�IKP�d 6 A � "�6)��� ��� ��,�� ���Y���6�7A��w}[RUJ"°_%,�� a|l��Y�FQ�� A�IKP�d�}�T�RUJ � � s RUJ3� � v } 6 A � "�6)��� ���'�,�� ��� �#�w}[RUJ"°d ,�� a|l4T \�IKP�d 6 A � " 6���� �?� �,�� � \ �$��� � FHJ\F �®a|l+I"P[FH� jUI�J\a�IK�[{bFU�

v ��� � � � � � �� � � � &O¾ � º ��� � A ��� IKP�d�}�T�RUJ�lmRUNOF�J\abgha|d�I�L\RUN � " 6��SF]akL � F]J

"¨I , ) a|lSIKPfI�L\RUNÍRh�[LtI�abP�F]dª�Qn�abP8lMLtI�PQL\a�I�L�abP[g�L � F�Z�P[akjwFHJ�l�IK{�§wZ�I�PQL�ab¡[F]J\labPfI"_�{�IKZ�l\F�abP ���akL � P[FH� jUI�J\a�IK�[{bFAl+I�P8d 6 A � 6���� �?� ��I�P8d�� A � ����� � "��;��� � ���>� ) ����,t}[RhJ

"9��,�� � R )·a|l£RU�[L'IKabP[FAd��wn abP8lMLtI�PQL\a�I�L�abP[g�L � FXZ�P[akjwFHJ�l�IK{[§wZ�I�PQL�ab¡[F]J\l£abPYI�_H{�I�Z8lmFabP �Ê�yakL �P�FH� jhIKJ\a�I���{bF]l+IKP�d 6 A � "�6)��� ���'�,�� ��� � �U}�IKP�d�� A � ����� � "��;��� �����Y� ) � �,'�

������ bº � � (* bº &(� �� y¾��� ½ � ����ʾ � º ��� � " 6���a|l3IKPÊI�L�RhNOa|_�ghRQI�{+T9RUJmN"Z�{�I©L � I�L � IhlYL � F "°T�J\FHF�,jUIKJma�IK�[{bF � RhTXL�n`G�F!���Y, ����� , �)�(, �fIhl�akL'l � F�IKd�}£IKP�d � A � ��� �W�t¿_6��������'¿:6:�3J ���w}6 A � � A"�6���� �?� �,�I�P8d�� A � ����� � " � A"��;��, ,t³�L � F¥I�G�G�{ba|_]I�L\abRUP�RUTXIªlmZ[�8lML�akL\Z[L�abRhP�L�R*IgURQI�{6lmF�L�IKP�d�IOd�a|l'I�gUJmF]F]NYF]PQL+l\F�L � FHJ\F"I�P8df��F]{bRA� _HRhJ\J\F]lmG�RUP�d�lyL\R�akL�l�IKG�G[{ba|_AI�L�abRUP�L�RYL � F_HRUNYG�RUP[F]PwLSL\F]J\NOlSRUT>L � FAlmF�lmFHL'lH�

q ��� � � � � � � ���µ¾ � º ��� �8RhJYlmRUNOF ��F�­�ab��{bF r JmabgUa|d·G�I�abJ! ""�;�H} F]akL � FHJ ����¸���� "# , �$� I�P8d� A � ��}�RhJ � A4" ���c¸���� "# ,IKP�d 6PA � � A�"�6)��,SIKP8d%� A � ����� � " � A"��;� , ,t�

«�lmFA§QZ[F]P�_HF�RhTWL � F�T�RUJ\N � 6����&� �B� � ��� �('��#'_� a|l�I � r d�F]J\akjhI�L\abRUP�lmF]§QZ�FHP8_�F"T�RUJ�IOgURwIK{6T�RUJmN"Z�{�I��®abT6�� � �?� �w}��;� �)� IKP8d ��� �*� }£I�P8d©T9RhJ s � �,+ �W} � 6 �.- � ��� �.- ��� � �.- ����a|l � r d�F]J\akjhIK�[{bFYT9JmRUN� 6 � �&� � � � � �'��^`Z8_ � IflmFA§wZ�F]P�_HFYL\F]JmNOabP�I�L�FAl�abP¢T°IKab{bZ�JmF�abT/�7� � �®IKP8d©��akL � lmZ8_]_�FAl\l�abT 6 � �0�IKP8d,�7��a|lcF]akL � F]JcF]NYG[L�n�RhJ�_�RUPQL'IKabP�lcRhP�{kn ��F�­�ab�[{bF r �[FH­`ab��{bFOG�IKabJ\lH� �oP�L � F�{�I�L\L�FHJ _AIKlmFU}D�XFªl�IHnL � I�L�L � F�lmF]§QZ�FHP8_�Fca|l�I � r d[FHJ\akjhI�L�abRhP�RUTV�"�y^`Z8_ � I¥l\F]§QZ[F]P8_�FcF]N���R�d�abFAlyabP�akL�IOlmRU{bZ�L�abRhP�L\RYL � F§QZ�FHJmn%�®abP�L � F¥_HRhPQL\FH­`L�RhT#L � F"G[J\RhgUJ'I�N � IKP�d�L � F#���¾21Xº �"¾�½�(�¾ � � � ½ � ����f_HRUJmJ\F]l\G�RUP�d[abP�g�L�R3akLa|l+RU��LtI�abP�FAdf�Qnf_HRhNOG�RUlmabP�g ���43 �����53������yakL � I�PQn*Z�P�ab¡[F]J+T�RUJ6�7��I�P8dfJ\F]lmL\J\a|_tL�abP�gYL � F JmFAlmZ�{kL\abP�gl\Z[�8lML�akL\Z[L\abRUP*L\R¥L � F�T9JmF]F�jhIKJma�IK��{bF]lyRUT]�"� �

«+P�IK��lmL\J'IK_�L+abPwL�F]JmG�JmFHL�FHJ+T9RhJ+RhZ�J�{�IKP�ghZ�I�gUFcNªI]n*��FcL � RhZ�g � L�RhT#Ihl�I¥G�JmR�_�FAd[Z[J\F�L � I�LA}8gUakjUF]PI�G[J\RhgUJ'I�N �O}�I�L\L\F]NOG�L'lSL�R3_HRhP8lML�JmZ8_tL�I � r d�F]JmakjUI�L\abRUP�T9RUJ�ghRQIK{DT9RhJ\N"Z[{�IhlH��^`Z�_ � IKP�abPQL�FHJ\G[J\FHL\F]J�RUZ[{|dOT�Z�P�_�L�abRhPY�Qn"L\Jmn�abP[g�L�R�FH­`L\F]P�d�I�POFH­`a|lML�abP�g � r d[F]JmakjUI�L�abRUP�I�P8d¥�yab{b{�L�n`G�a|_AI�{b{knY��F�T¨IK_HF]d¥�yakL �IK{kL�FHJ\P8I�L�akjUFAl�abP¶L � a|l�G�JmR�_HF]l\l]� �S� a|l"abPwL�F]JmG�JmFHL�FHJY_]IKP¹�yakL � RUZ[L"{bRwl\l"RhT+_HRhNOG�{bF�L�FHP�FAl\l _ � RQRwlmFªL\RZ8lmF I¥Z[P�ab¡�_AI�L\abRUP�lML\F]G*� � F]P�F�jwFHJ�RhP�F�a|l+I�G�G�{ba|_]IK�[{bFU� �S� F�RUP�{kn*_ � Rha|_HF]lSL � I�L�I�J\F _�J\akL\a|_AIK{DI�J\FU}�abP

s �

Page 14:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

T¨Ih_tLA}�L � RwlmF"RhT#L � FYd�a|l9±mZ�P�_�L�L\R*Z�lmF�� � F]P�lmabNOG�{babT�n�abP[gfI3d�a|l9±mZ�P�_�L\akjwF"gURQI�{¨}�L � FY_�{�IKZ8lmF�L�R3Z�lmF¥abPI���Ih_�Ëw_ � IKabP[abP�gYlmL\F]G�}�L � F�lmZ���lmL\akL�Z�L�abRUP3L\R¥Z�lmF�abP�I�Z�P[ab¡8_]I�L�abRhPflML�F]G�I�P8dªL � F�G�RhabPQL+I�LS� � a|_ � L\Rl\Rh{kjwF�I �[FH­�ab�[{bF�gURwIK{¨�£É¢F�IKl�lmZ[NOF�I d[F]G�L ��r ¡�J\lML�I�G�G[J\RQIK_ � ��akL � L � F�G�Rwl\lmab��ab{bakLonªRhT!��Ih_�ËQL\J'Ih_�Ë`abP[gabP¹L � FªL\J\FAI�L�NYF]PQL�RhTSL � Fª¡[J�lML�L � JmF]F*IhlmG�FA_�L�lH� �S� F3¡�J\lmL�Lo�R�Ë`abP�d�l�RUT�_ � RUa|_HF]l¥IKJmFªG�J\F]lmF]PQL"abPI�¡[J�lML r RUJ\d[F]J�{�I�P�gUZ8IKghFYIKl+�FH{b{WIKP8d�lmabNOab{�I�J�NYFHL � R�d[l�_AI�P���F�Z8lmFAd�T9RhJ�L\J\FAI�L�abP[g�L � FHN � F]JmFU³��FP�RhL\FU}£abP¹G�IKJML�a|_�Z�{�IKJH}£L � I�L L � F3_ � RUa|_�FªRhTy_H{�IKZ�lmFAl abP·If��Ih_�Ëw_ � IKabP[abP�g�lML�FHG¹_AIKP¢P�I�J\J\RA�F]d¹d[RA��P_HRUP�lma|d[F]J�IK�[{kn·�Qn¶Z8lmabP[g¢lmabNOG[{bF*L\FA_ � P�a|§wZ�FAlYl\Z�_ � IhlYabP�d[FH­`abP�g�RhP·L � FfP8IKNOF]l¥RUT+G�JmFAd[a|_]I�L\FAlH}SIT¨Ih_tL�L � I�L��F"Z�L�ab{bab�]F"abP�^QFA_�L\abRUP �`� �S� F�L\J\FAI�L�NYF]PQL�RUT�_ � RUa|_�FAl�abP�L � F"Z[P�ab¡�_AI�L\abRUP©lML\F]G©IKP�d�L � F��R`RhË`ËhF]F]G[abP�g¥NOFA_ � IKP[a|lmN�lXT9RhJSJ\FAIK{bab�]abP[gY��Ih_�ËQL\J'Ih_�Ë`abP[g¥J\F]{�I�L�akjUF�L�R"L � FAlmF�a|l�I�NªI�LmL�F]J �Fcd�a|l\_HZ8l\labP�IY{�I�L\F]J�lmF]_�L�abRhP!� �6abP�I�{b{knw}��XF�Z�l\F"IY{bF]T�L+L�RªJmabg � L�G�JmR�_�FAl\lmabP�gªRhJ�d�F]J�T�RUJ+ghRQIK{|l�L � I�L�F�jwFHPQL�Z8IK{b{knd[FHL\F]JmNOabP�F]l#L � F+G�RhabPQLyI�LX� � a|_ � ��F�­�ab��{bF�ghRQIK{|lI�J\F�FHP8_�RUZ�PwL�FHJ\FAd�� �S� a|l_ � RUa|_�F+NªI]nU}QRUPªR`_]_]IhlmabRUP�}{bF�Ihd3L\R�I"{bRwl\lSRUT6_HRUNYG�{bFHL\F]P[FAl\l��Z�L��XF���F]{babFHjUF�L � a|lL�RY��F�G�J'I�gUNªI�L�a|_]IK{b{kn ±MZ8lML�ab¡8IK�[{bFU�

� �¯������� �"��� &8� ����������+�´���¢(*�� �ª "�������!/&

�S� F I��8lML�J�Ih_�LyabPQL\F]J\G[J\F�L�F]J�d�FAl\_HJmab��FAd*abP*L � F�{�IhlML+l\F]_�L\abRUPfFHN"��R`d[abF]l�IKPfa|d�F�IK{bab�AI�L\abRUP�abP�akL�lL�J\FAI�L rNOF]PwLYRUT+L\F]JmN�lH¦*akLªIhl\lmZ�NYFAlYI�JmF�IKd�n.I]jhIKab{�IK�[ab{bakL�n·RhT � F�Ihd¶P�RhJ\NªI�{ST9RUJmN�lYIKP�d<IKP.abNYNOFAd�a�I�L�FIh_]_�FAl\lL�R"L � F�_HRhNOG�RhP�F]PwL'lXRUT6l\Z�_ � T9RUJmN�lH� �oPfJ\F�I�{bakL�nU}[L � FAlmF�P[RUJmNªIK{�T9RhJ\N�lN"Z�lMLy��Fc_�RUNOG[Z[L\FAd���S� F�FHÀ�_�abF]P�_�n3RhTDL � a|ly_HRhNOG�Z�LtI�L\abRUP�I�P8d*RhTDL � F Ih_H_HFAl\lXL�R¥L � F�lmL\J\Z�_�L�Z[J\F]lyRhTDL\F]J\NOla|lyNOFAd�a�I�L\FAdFHjwFHPQL\Z�IK{b{kn¶�wn¶L � F*J\F]G[J\F]l\FHPQL'I�L�abRhP<_ � RUlmF]P.T�RUJ"L � F]lmF*L�FHJ\N�lH�¶É�F�d[a|l\_HZ�l\l¥L � F*jUI�J\abRhZ8lYT°Ih_�L\RUJ\labP ��Z[F]P�_HabP�g�L � a|l�_ � Rha|_HF���FH{bR���}�NORKL�akjhI�L�abP[gOL � J\RUZ[g � L � a|l�G�JmR�_�FAl\l+L � F�FHP8_HR`d[abP[gªL � I�L � Ihl���F]FHPZ8lmFAd3abP3L � F�¸�ºH»�¼t½�¾�lMn[lML�FHN���¤�Z[Jyd[a|l\_HZ�l\l\abRhP�IK{|lmR � abg � {babg � L'lL � F�L�J�Ihd�F]R���lXL � I�L+IKJmF�J\FH{bFHjUI�PQLSL\RL � F�J\FHG�JmFAlmF]PwLtI�L\abRUP*§wZ�F]lmL\abRUP�� �6I�N"��d�IcL\F]JmN�l FHjwRh{kjwF�d[Z[J\abP�gY_�RUNOG[Z[L'I�L�abRhPªabP�I NªIKP[P�FHJXL � I�LSa|ld[abÀO_HZ[{kL L�RcG�J\F]d[a|_tLlMLtI�L�a|_]IK{b{knw}QN�IKË`abP[gcFH­`G�FHJ\abNOFHPQLtI�L�abRhPY��akL � Ih_�L\Z�I�{8abNOG�{bFHNOF]PwLtI�L�abRUP�l�I�P�FA_�FAl rl'I�JmnY_HRhNOG�RhP�F]PwL#L\R §QZ8IKPQL\abT�n`abP�g�L � FSL�J'IKd[FHR���lH�W«�POabP8lML\J\Z�NYF]PQL\FAd"jwFHJ�lmabRUPORUT�L � F*¸8º�»M¼t½�¾6lMn[lML�FHNa|lS_�Z�J\JmF]PwL�{knO��FHabP�g"Z�l\F]dOL\R"Rh�[L'IKabP3lmZ8_ � I�PfIKl\l\F]l\l\NYF]PQL]�DÉ�F�abP8d�a|_AI�L\F�lmRUNOF+RhT�L � F�RU��l\FHJmjhI�L�abRhP8lT9J\RhN�L � a|lylmL\Z8d`n3abPfRUZ[J+d�a|l\_HZ8l\lmabRUP�l � F]JmFU}[{bF�I]j`abP�g�I¥d�FHL'IKab{bFAd*F�­�G�RUlmakL�abRUP*L\RYRhL � FHJyG�I�G�FHJ�lH�

����� ��� ��������������������������� ��!#"��$���%'&(�)�*���)+-,����

²#JmFAlmF]PwLtI�L\abRUP�l�RhTW{�I�N"��d�I"L�FHJ\N�lyZ�lmZ�IK{b{knfFHNOG�{bRAnfIYP8IKNOF r ��IKlmFAd*J\FHP8d[akL\abRUP�RhT£��RhZ�P8d*jUI�J\a�I���{bFAlH�É � F]P<lmZ8_ � I�JmF]G�JmFAlmF]PwLtI�L�abRUP·a|lYZ8lmF]dµI�{|lmR�abPµIKP.abNOG�{bFHNOF]PwLtI�L�abRUP�} akLO��FA_HRhNOFAl"P�F]_HFAl\l�IKJMn¹L\R_HRUP�lma|d[F]J�L � F'� r _HRUPwjwFHJ�lmabRUP�JmZ�{bF#abPc_HRUNYG�IKJma|lmRUP�RUG�F]J�I�L�abRhP8lH� ��RUJ!F�­�I�NOG�{bFh}�IS_HRUNYNORUP�_]IK{|_�Z�{�I�L\abRUP��akL � abP � abg � F]J r RhJ�d[FHJ�Z�P[ab¡8_AI�L�abRhPµa|l�d�FHL�FHJ\NOabP[abP�g�� � F�L � FHJOL � F � FAIhd�lYRUT+L��R�J\abgha|d.L�FHJ\N�l�I�J\Fa|d[F]PwL�a|_]IK{¨� �S� Z�lH}WlmZ�G�G�RwlmFOL � I�Lc�Fªd[FAlmabJmFOL�R�Z�P[abT�n©L � FOL�FHJ\N�l"¿����7�����t¿�� �."� ��?�0�����3� ,cI�P8d¿ � �7�����'¿ � �." � ��� �(�����9� ,t� � FHJ\N lmabNOG[{bab¡8_AI�L�abRhPfJ\F]d[Z�_HFAlL � a|lLtIKl\ËOL�R¥L � I�LyRhT£Z[P�abT�n�abP�g¥L � FclmF�L

� � ¿�� �7�����'¿�� �K�5���'¿ � �7�����'¿ � � � �1�?��������� �¨¿�� � �����'¿�� �K� �t¿ � �7�����'¿ � � � ���U�

Ì+R��XFHjUF]J]}[IcG�JmF]{bZ�d[F+L�R F*��F]_�L\abP�g L � a|l L\J'I�P8lmT9RhJ\NªI�L�abRUPOa|lXJmFA_HRhgUP[ab�]abP�g L � I�L L � F � FAIhd[lXRhT�L � F+L��XRL�F]JmN�lDN�I�L'_ � I�P8d�L � a|l6_H{bF�I�J\{kncabPQjURU{kjUFAl£I�J\F]P8IKNOabP[g+RUG�F]J'I�L�abRhP"Z[P8d�F]JDL � FX_ � RUlmF]P�JmF]G[J\FAlmFHPQLtI�L�abRhP!���TXL � F�Ë`abP8d�RUTy_�RUNOG8IKJ\a|lmRhP¹d�FAl\_HJmab��FAd¹I���RAjwF3IKJma|lmFAl RhT�L\F]P�abP¶_HRhNOG�Z�LtI�L�abRUP�}6akL�a|l"d�FAlmabJ'I���{bF

L�R©Z8lmFfI�J\FHG�J\F]lmF]PQL'I�L\abRUP¶T9RUJ"L\F]JmN�l�L � I�LYFH{babNOabP�I�L�FAl�L � F3P�FHFAd¶T9RhJ¥��RUZ[P8d¹jUI�J\a�I���{bFfJmF]P8IKNOabP[g��

stq

Page 15:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

« l�_ � FHNOF�L � I�L"a|lYlmZ�akL'IK��{bF3T9JmRUN L � a|l"G�F]J\lmG�FA_tL�akjUF � IKl"��F]FHP·d[F�j�a|lmFAd¹�Qn¹d[Ffz J\Z�a ±MP � u � � �� FFAl\lmF]PQL\a�IK{Xa|d[FAI�Z�P�d[FHJ\{kn�abP[g�L � a|l¥l\_ � F]NOF�a|l�L\R�NªI�P�abT9F]lML L � F3_HRUP[P�F]_�L�abRhP¶��F�L��XF]F]P¹�[abP8d[abP[g�I�P8d��RUZ[P8dªR`_]_�Z�J\JmF]P�_HFAl RUT!jhIKJ\a�I���{bF]labP3{�IKN"��d8I�L�FHJ\N�l�P�RKLL � J\RUZ[g � P8IKNOF]l ��Z[L�wn�Z8lmabP�g�abP8d[a|_�FAlyI�LL � FO��RhZ�P�d�R`_]_HZ[J\JmF]P8_�FAl�L � I�L�_�RUZ�PwLcL � FOP`Z[N"��FHJcRUTSIK�8lML\J'Ih_tL�abRhP8l�abP¶I*G�I�J�lmF�lML�JmZ8_�L\Z�JmF�RhTXL � FL�F]JmN�Z[G�L�R+L � FRhP�FX��abP�d[abP�g�L � FR�_H_HZ[J\J\FHP8_�FU�£«+l#I�P"FH­[IKNOG[{bFU}�L � FXL\F]JmN®¿_6 " " ¿��S¿ � �86 ,." ¿��@6 , ,a|lWd�F]P�RKL�F]d�Z�lmabP�g�L � Fd[Fyz J\Z[a ±mPYI�G�G[J\RQIK_ � �Qn�L � FXF�­�G�JmFAl\lmabRUPY¿ " " ¿+¿�� v ����,." ¿�� v , ,'}K� � F]JmF��Y�a|l�L � F JmF]G[J\FAlmFHPQLtI�L�abRhP�RhTWabP�d[FH­+�\��^`Z[�[L\F]J\NOlyRUT#I¥L�FHJ\N NªIHn � IHjwFc��RUZ[P8dfjhIKJ\a�I���{bF R`_]_HZ[J\JmF]P8_�FAlL � I�LIKJmF�T9JmF]F�abPYL � F�{bR�_]IK{�_�RUPwL�FH­QLA�W«�P�R`_]_�Z�J\JmF]P�_HF�RhT�L � a|l�ËQabP8dYa|l�abP�d[a|_AI�L�F]dO�wnOIKPOabP8d�FH­"� � RUlmFjUIK{bZ[FXFH­[_�F]F]d�l>L � F P`Z�N���F]J>RUT8IK��lmL\J'IK_�L�abRhP8l>akLWa|lDFHN"��F]d�d[F]dcZ[P8d�F]J]� �� Z8lH}KabP L � FlmZ[�[L�FHJ\N " ¿�� v ,RUT�L � FXL�FHJ\N�_HRhP8lma|d[FHJ\FAd¥IK��R�jUFU}hL � FabP8d�FH­�� v _HRhJ\JmFAlmG�RhP8d�l6L\RcI+��RhZ�P�d�jhIKJ\a�I���{bFSR`_]_HZ[J\JmF]P8_�FL � I�La|l�{bR�_AI�{b{knfT�J\FHFU� �� FcRUJmabgUabP�I�{6d�F�z J\Z�a ±MP�F]P�_HR`d[abP�g�d[F]l\_HJ\ab��FAl+IK{|lmRªI"L\J'I�P8lm{�I�L\abRUP�RUT6gU{bRh��IK{b{knfT�J\FHFjUIKJma�IK�[{bF�R`_]_�Z�J\JmF]P�_HFAlYL�R¢abP�d[a|_HF]lH� �� a|l�G�I�JmL3RhT�L � F�l�_ � FHNOF�a|lH} � R��XFHjUF]J]}SP�RKL3Z8lmFHT9Z�{�abP¯RhZ�J_HRUPwL�F�­`LA� ��{bRU�8IK{b{kn©T�J\FHF¥jUI�J\a�I���{bFAl�_HRUJmJ\F]l\G�RUP�d©abP�RhZ�Jc_HRhNOG�Z�LtI�L\abRUP8IK{£NOR�d�F]{6L�R*jUI�J\a�IK�[{bFAl�L � I�L_AIKP¯��F�abP8lML'IKPQL\a�I�L\FAd���«�_ � IKJ�Ih_tL�F]Jma|lML�a|_�RhT I�{b{+L � F�lmZ���lML�akL�Z�L�abRhP8lOL � I�Lª�XF�_�RUP8lma|d�F]JªT9RhJ3lmZ8_ �jUIKJma�IK�[{bFAlªa|l�L � I�LªL � F�RhP�{kn<Z�PQ��RUZ[P8d<jUI�J\a�I���{bFAlOL � F�nµ_�RUPQL'IKabPÊIKJmF�RhP�FAlOL � I�L*IKJmF�RhP8_�F©IKgwIKabPgU{bRU�8IK{b{knYT�J\F]Fh³wL � a|l�G�J\RhG�FHJmL�n � RU{|d[lH}QT9RUJ#abP8lMLtI�P8_HFh}QRhT�L � F�abNOakL'I�L�abRhPªIKP�dYG�JmRK±MFA_�L\abRUP�lmZ[�8lML�akL\Z[L�abRhP8ld[a|l\_HZ�l�lmF]d3abP3L � F�{�IhlML�lmFA_tL�abRhP!� ��akjUF]P3L � a|lH}�L � FAlmF�jUI�J\a�IK�[{bFAlyIKJ\F���FAlMLL�J\FAI�L\FAd�}�abP3L � F�Z8lmZ�I�{�{bRhgUa|_G�J\RhgUJ�IKNONOabP[g�lMLon�{bFU}#IhlcG�RhabPQL�FHJ�lcL�R�_HFH{b{|l�abP¹NOFHNORUJMn�L � I�L¥I�J\F�L'IKghgUFAd¹IKl Z�P`��RUZ[P8d�jhIKJma�IK��{bF]l��akL � abP�lmL'IKPwL�a�I�L\abRUP�ly��FHabP�gYJ\FAIK{bab�]F]d*abNONOFAd�a�I�L\F]{kn��Qn*_ � IKP�ghabP�g"L � Fc_�RUPQL\F]PwL'lSRhTDL � FAlmF�_�F]{b{|lH�

�S� FYI���RAjwF"d[a|l\_HZ�l\l\abRhP�abP8d[a|_]I�L\FAl�I�d[a���F]JmF]P8_�F�abP�J\FHG�J\F]lmF]PQL'I�L\abRUP©I�P8d�L�JmF�I�L�NOFHPQL�I�L�IOG�J�IKg rNªI�L\a|_�{bFHjUF]{>��FHLo�FHF]PfL��ROË`abP�d�l�RhT£jhIKJ\a�I���{bF]l�L � I�L�I�J\F�lmabNOab{�I�J+abPfL � F Z[P8d[FHJ\{kn`abP�gª{bRhgUa|_K� � F]JmNOa rP�RU{bRhghn�L � I�LSd[a|lML�abP[gUZ�a|l � FAl��F�L��XF]F]P�L � F]lmF�jUI�J\a�IK�[{bFAlX��ab{b{>IK{|lmR"��F�_�RUPwjwF]P[abF]PwLyabP3FH­`G�RwlmakL\abRUP!�£É�F� F]P�_HFHT9RUJML � Z8lmF�L � F�FH­�G[J\F]l�lmabRhP / {bRhgUa|_�jUI�J\a�IK�[{bF�08T�RUJ�I�jhIKJ\a�I���{bF�L � I�L�a|l�gh{bRU�8IK{b{kn*T9J\FHFU} �$9º $|}�a|lyP�RKL��RUZ[P8d��wn�I�PQnfFH­`G�{ba|_�akL�IK�8lML\J'Ih_tL�abRhP!}�J\F]lmF]Jmj`abP�gYL � FcL�F]JmN�l / ��RUZ[P8d*jUI�J\a�IK�[{bF�0�I�P8d / T�J\FHF�jUI�J\a�IK�[{bF�0T9RUJ L � RwlmFOjhIKJ\a�I���{bF]l�L � I�L�NªI]n���Fª��RUZ�P�d¢RUJ�T9JmF]FªabP·If{bR�_AI�{_HRUPwL�F�­`L���Z�L�L � I�LYI�J\FªZ[{kL�abNªI�L�FH{kn_AIKG�L�Z[J\FAd3�QnfIKP�IK��lmL\J'IK_�L�abRhP�I�P8d � FHP8_HF�J\FHG�J\F]lmF]PQL\FAd3�QnfI¥d�F z J\Z�a ±MPfabP8d[F�­��

�S� F3d[F3zXJmZ�a ±MP¹J\FHG�JmFAlmF]PwLtI�L\abRUP¹lmRU{kjUFAlcL � F�G�JmRU��{bFHN NOF]PwL�abRUP[FAd¹I�L L � F�RUZ�L'lmFHL]� �� Z8lH}6L � FL��R¥L\F]J\NOly_HRhP8lma|d[FHJ\F]d�I�LyL � F���F]ghabP�P�abP[gªIKJmF�L\J'IKP�lm{�I�L�F]d*Z�P8d�F]JL � a|lyl�_ � FHNOF�abPwL�R¥L � Fcd[F z J\Z[a ±mPL�F]JmN�ly¿ �����'¿ "��Y����?�(�������� ,XIKP�d�¿(�����'¿ "��Y� �� �(����� �� ,t}�� � F]JmFU}[T�RUJ s � � � }���#�WIKP8d �� �WI�J\FL � F�d�F�zXJmZ�a ±MPOJmF]G[J\FAlmFHPQLtI�L�abRhP8l#RhT ���!IKP8d!� ��J\F]l\G�FA_tL�akjwFH{knw�W��RhL\FyL � I�L�L � F � FAIhd[l#RUT�L � FSL��R�L\F]J\NOlIKJ\F�a|d�F]PwL�a|_AI�{�Z[P8d�F]JXL � a|lJmF]G[J\FAlmFHPQLtI�L�abRhP!� ��P3gUFHP�FHJ'IK{¨}`L � F�_ � F]_'ËOT9RUJS_HRhNOG�I�L�ab�[ab{bakL�n�RhT>L � F � F�IKd�lRUT�L��XR*J\abgha|d©L\F]JmN�l�L � I�L�N"Z8lML���F¥G�F]JmT9RhJ\NOF]d�abP�L � F"L\F]JmN�l\abNYG�{bab¡8_]I�L\abRUP©G � IhlmF¥RUT Z[P�ab¡�_AI�L\abRUP��FA_�RUNOF]l�I�Pfa|d[FHPQL\akL�nªL�F]lmL+I�P8d+� r _�RUPQjUF]J\l\abRhPfP[F]FAd3P�F�jwF]JS��Fc_HRhP8lma|d[FHJ\F]d��

�S� F�d�F�zXJmZ�a ±mPªP�RhL'I�L\abRUP � IhlSI�P�RKL � FHJl\abghP�ab¡�_AIKPwLS��FHP�FH¡[LabP�L � I�LakL�I�{b{bR���lXL � F�IK��lmL\J'IK_�L�abRhP8lL � I�L�IKG�G�F�I�J�I�LyL � F�T�J\RUPwL�RUTDL�FHJ\N�lXL�RY��F d�a|lmG�F]P�lmFAd3��akL � abP�lmFHjUF]J'I�{>lmakL�Z8I�L\abRUP8lH�^QZ8_ � I��8lML�J�Ih_ rL�abRUP�l�IKJmF RhT�L�FHP�Z8lmF]dfabP�L � FcZ�P[ab¡8_AI�L�abRhP�G�J\R`_HF]l�lSL�RYF]P8_�R�d�FcL � F _�RUPQL\FH­QL'lyabP�� � a|_ � L\RYj�abF���L � FL��ROL�FHJ\N�lyL � I�L�I�J\FcL�R���F Z�P[ab¡�FAd���É � F]P�L � F]l\F�_�RUPwL�FH­QL'l�I�J\F�a|d�F]PwL�a|_AI�{¨}�Ihl��XRUZ[{|d���F L � F�_AIKlmFZ�P8d�F]J�L � F�d�Fªz J\Z�a ±MP¹l\_ � F]NYFU}!L � FHn©_AIKP���FO{bF]T�L abNOG�{ba|_�akLA� � R�Z�P8d�F]J\lmL'IKP�d©L � FOG[J'I�gUNªI�L�a|_¥abN rG�Ih_tL�RUT�L � a|l#RU��l\FHJmjhI�L�abRhP!}Q_�RUP�l\a|d�F]J IKgwIKabP¥L � FSLtIhlmË RUT�Z�P[abT�n�abP[g�L � FSL\F]J\NOl ¿(�����t¿ "��Y����5�(�������� ,IKP8d<¿0�����t¿ "��Y� �� � ����� �� ,'� �� a|l"L'IhlmË¢_]IKP¶��F*J\F]d[Z�_HFAd¶lmabNOG�{kn�L�R�L � I�LYRhT�Z�P[abT�n`abP�g�L � FflmF�L��� ��5��� �� ��� ��������� � �� � �� ���w}���$9º $|}QL � F�RhZ[L\F]JSIK��lmL\J'IK_�L�abRhP8lXd[R�P�RhLP[F]FAdOL\R"��F�IKG�G�F]P�d[FAdOL\R�L � F�T9JmRUPwLRUT+L � F�IKJ\ghZ�NOFHPQL"L�FHJ\N�lH� � F]J\N lmabNOG[{bab¡8_AI�L�abRhP¶L � Z�l"LtIKËhFAlYI�T9RhJ\N L � I�LOa|lY_H{bRUlmF]{kn¶J\FH{�I�L�F]d¶L\R

s �

Page 16:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

L � FY¡[J�lML r RUJ�d�F]J�jwFHJ�lmabRUP�¦cabT L � F � F�IKd�l�RhT L � F¥L��RfJmabgUa|d©L�F]JmN�l���F]abP[g�_HRhP8lma|d[FHJ\FAd�I�J\FYa|d[FHPQL�a|_]IK{¨}L � FªG�J\Rh��{bFHN l\abNYG�{kn¢��FA_HRhNOFAl RhP�F3RhT�J\F]_HZ�J\lmakjwF]{kn¢Z�P[abT�n`abP�g�L � FHabJOI�J\ghZ�NOFHPQL'lH� �oP·_HRhPQL�J�IhlML"L\RL � F�lmakL\Z�I�L\abRUP�� � F]JmFcL � F RUZ[L\F]J�I��8lML�J�Ih_�L\abRUP�l�P�F]F]dfL�R���F J\F]G[{ba|_AI�L�FAd�I�P8d�IKd�d[F]d�abP�T�J\RUPwL�RhT£L � FIKJ\ghZ�NOFHPQL�l]}KL � a|l6L\J'IKP�lmT9RUJmNªI�L\abRUP"a|l£RUP[FL � I�L�_]IKP"��FSFAIhlmab{kn�abNOG�{bFHNOF]PwL�F]d�abPOI�{bRA� r {bFHjwFH{8I��8lML�J�Ih_tLNªIh_ � abP�Fh�

«+{kL � RUZ[g � L � F�d�F�zXJmZ�a ±mPOP�RKLtI�L�abRUPORU�wj�a�I�L�FAlW� r _HRUPwjwFHJ�lmabRUPOabPOL � F�d�FHL�FHJ\NOabP8I�L\abRUPORhT�F]§QZ�I�{bakL�nU}J\F]P8IKNOabP[g3RUJH}�NYRUJ\F�G[J\FA_�a|lmF]{knw}�JmF]PQZ�N"��F]J\abP[g3a|l�lmL\ab{b{WP[FA_�FAl\l�IKJmn�abP�L � F¥_HRhJ\J\F]_�L�JmF�I�{bab��I�L\abRUP�RUT�* r_HRUPwL�J�Ih_�L\abRUP�� � R�Z�P�d[FHJ�lMLtI�P8d¥L � a|lH}`_HRUP�lma|d[F]J�L � F+J\FAd�Z8_tL�abRUP�RhT�L � F�L�F]JmN ¿_6 " " ¿��S¿ � �86 ,." ¿��@6 , ,� � RUlmF©d�F©z J\Z[a ±mP¯JmF]G[J\FAlmFHPQLtI�L�abRhP!}+IhlO�F � I]jwF�lmF]F]P�}ya|lf¿ " " ¿�¿�� v ����, " ¿�� v , ,t� �S� a|l�L�FHJ\NJ\FAd�Z8_�FAl L\RO¿_6�¿ � " " ¿ �@61,K61,t}[I�L�FHJ\N®� � RwlmF�d[F�zXJmZ�a ±MP3JmF]G[J\FAlmFHPQLtI�L�abRhP3a|lS¿�¿ " " ¿�����, � v ,'�#«�P rIK{kn��HabP�g"L � F�J\FAd�Z8_tL�abRUP3G�JmR�_�FAl\labP3NORhJ\F�d�FHLtI�ab{¨}��XF�Rh�8lmF]JMjwF�L � F�T9Rh{b{bR���abP[g�� �6abJ�lMLA} * r _�RUPwL�J'IK_�L\abRUPNªI]n¥{bF�IKdOL�R"I�L\F]JmN®��akL � T�J\F]FyjUI�J\a�I���{bFAl ��F]abP�g�lmZ��8lML\akL�Z[L\FAdYabP8lma|d[F�IK��lmL\J'IK_�L�abRhPª_HRhPQL�F�­`L�lXIKP8d�}`abPL � a|l�_AIKl\Fh}�L � F"abP8d[a|_�FAl�T9RUJ�L � F]l\F jUIKJma�IK�[{bFAl � IHjwF�L�R3��F¥J\FHP`Z[N"��FHJ\FAd�L�R�I]jURUa|d�abP8Ihd�jUF]JML�F]PwLc_]IKG rL�Z�JmFU� �oP*L � F�G8IKJmL\a|_HZ[{�IKJ�F�­�IKNYG�{bFc_�RUP�l\a|d�F]JmFAd�}[L � F�L�FHJ\N " ¿�� v ,XP�F]F]d�lL�RY��F lmZ��8lML\akL�Z[L\FAd3abP8lma|d[FIKP�I��8lML�J�Ih_tL�abRUPOI�P8d"abP¥L � Fy_HRhZ�J�lmFSRhT�d[RUabP[g�L � a|l£L � FSabP8d[F�­ v JmF]G�JmFAlmF]PwL�abP[gcI�{bR�_]IK{b{kn"T9JmF]FjhIKJ\a�I���{bFR�_]_�Z�JmJ\F]P�_HF � IKlyL�RO��F abP8_�J\FHNOF]PwL�FAd*�wn s L\R�G[J\FAlmFHJmjwF�L � F RhJ\abghabP�IK{D�[abP8d�abP�gªJmF]{�I�L�abRUP�l � abG8lH�2��Z�J rL � FHJ]} * r _�RUPQL\J'IK_�L�abRhP�F]{babNYabP�I�L\FAl�I�P�IK�8lML\J'Ih_tL�abRhP�IKP8dfL � F abP�d[a|_HF]l+T�RUJ�jUI�J\a�I���{bF�R`_]_�Z�J\JmF]P�_HFAlyL � I�L�F]JmFT9JmF]FabP L � I�LW_HRUPwL�F�­`L � IHjwFXL\R���FSd[F]_HJmF]NOFHPQL�F]dc�Qn s L�R�Ih_H_HRUZ[PQL£T9RhJ6L � Fd[a|l�IKG[G�F�I�J'I�P8_HFXRUT�IKPabPQL�FHJmjUF]P�abP[g*I��8lML�J�Ih_�L\abRUP�� ��P�L � F F�­�I�NOG�{bF _�RUP�l\a|d�F]JmFAd�}8L � a|l�a|l+J\F ��F]_�L�F]d�abP�L � F JmF]P`Z[N"��FHJ\abP[g�RhTL � F�abP8d�FH­ ��abPªL � F���R�d`nªRhT!L � F�JmFAd[F�­�L\R v � �� F]l\F�RU��lmF]JmjhI�L\abRUP8lXZ�P�d[FHJ\{babF�L � F�_ � I�J'Ih_tL�FHJ\ab��I�L�abRhPabP-� u �!RUTWI¥lmZ���lML�akL�Z�L�abRhPfRUG�F]J�I�L�abRhP�I�P8d3L � FclmZ���l\F]§QZ[F]PQLyT�RUJmNªIK{bab�AI�L�abRhPfRhTF* r _HRUPwL�J�Ih_�L\abRUP��

�yFHP�I�NOabP�g�a|lH}£RUTy_�RUZ�J\lmFU}#I�{|l\R�P[FA_�FAl\l�IKJmn�abP¢J\FAIK{bab�]abP[g@* r _HRhPQL�J�Ih_tL�abRUP�Z�P�d[FHJ¥IfP�I�NOFO��IhlmF]dJ\F]G[J\F]l\FHPQL'I�L�abRhP3I�P8dOakLXa|l�Z�l\FHT9Z[{8L\R�_�RUPQL\J'IKlmL#L � F�F*��RUJML L � I�LXN�Z8lML���F+FH­`G�FHP8d[F]dOabPOL � FyL��XR�_]IhlmFAlL�R��SIKJ\d�l�Z�P8d�F]J\lmL'IKP�d[abP�g�L � FªL\J'Ihd�F]R���l���FHL��XF]FHP¹L � F3d[a���F]JmF]PQL�L�J\FAI�L\NOF]PwL'l RhTy��RUZ[P8d¢jhIKJma�IK��{bF]lNORUJmF�G[J\F]_Ha|lmF]{knU�Ê«�l¥�F � IHjwF¥±MZ8lML�l\FHF]P�}XL � F+* r _�RUPwL�J'IK_�L\abRUP.J\FH{�I�L�F]d<JmF]PQZ�N"��F]J\abP[g�Z�P8d�F]JYL � Fd[F�z J\Z[a ±mP¬l\_ � FHNOF�I��FA_tL'lª��RhL � L � F���R`d�n¯IKP�dµL � F�I�J\ghZ�NOFHPQLªG�I�JmL�lªRUT I¢JmFAd[F�­���Ì+RA�FHjUF]JH}L � FYJ\F]PQZ�N"��F]JmabP�g*�RhJ\Ë�J\F]{�I�L�abP[gfL�RfL � FO��R�d`n�_AI�P���F�lmabghP�ab¡8_]IKPwL�{kn©JmFAd[Z�_HF]d��Qn©G�F]JmT9RUJmNOabP�gfakLl\abN�Z�{kLtI�P�FHRUZ8lm{kn���akL � L � FflmZ��8lML\akL�Z[L\abRUP·RhT�L � F�I�J\ghZ�NOFHPQL¥RhT�L � F*JmFAd�FH­¹abPQL\R�L � F*��R�d`nw�¶�+RA�c}J\F]P8IKNOabP[g3� � FHP�IªP�IKNYF"��IKl\F]d�JmF]G[J\FAlmFHPQLtI�L�abRhP©a|l�Z8lmFAd©I��FA_�L�l�RUP[{kn�L � F"��R`d�n�RhTIªJmFAd[F�­©I�P8dP�RhL�akL�l+IKJmgUZ�NYF]PQLyG8IKJMLA� �� Z�l]}�abP$* r _HRUPwL�J�Ih_�L\abP�gOI�L�FHJ\N RhTDL � F�T�RUJmN " ¿:6��?��,K��A�}[akL+a|lSP�FA_�FAl\l�IKJMnL�R�_HRUP�lma|d[F]J+JmF]P8IKNOabP[gORUP[{kn*L � F�jUI�J\a�I���{bFAl�FH­`G�{ba|_HakL\{knf��RhZ�P8df�yakL � abP�L � F lmZ���L�F]JmN �5�]�yeWjwFHPfL � a|lË`abP8d¢RhTSJ\F]P8IKNOabP[g�_AI�P¢��F*IHjwRha|d[FAd�abTSakL¥_AIKP¢��F3d�FHL�FHJ\NOabP[FAd©L � I�L L � F�P�I�NOFAlcRhTL � F]lmF���RUZ[P8djUIKJma�IK�[{bFAlªd[R¢P[RhL3_H{�IKl � ��akL � L � RUl\F�RhT�L � F�T�J\F]FfjUI�J\a�I���{bFAl�abP �BA�� Ì+RA�F�jwF]Jªd�FHL\F]J\NYabP�abP�g�L � a|lJ\FA§wZ�abJmFAl+I"L\J'IHjwF]J\l�IK{!RhTDL � FcIKJmgUZ�NYF]PQLyG�I�JmL�RUTDL � F�JmFAd[F�­ªL�RO_AI�{|_HZ�{�I�L�F�L � Fcl\F�L�RUTDjhIKJma�IK��{bF]lyL � I�LIKJ\F�T9JmF]F�abP*akL]��« NORUJmF�F]ÀO_�abF]PQLyIKG�G[J\RwIh_ � }[Z�lmFAd�}�T9RhJabP8lML'IKP8_�FU}�abP � v � }[a|lXL\RYIK{k�SI]n[lJ\FHP�IKNYF��[Z[L]}abP�IONªI�P�P[F]J�lmabNOab{�IKJ+L\R�L � F"d�FYz J\Z[a ±mP�_AIKlmFU}�L\RªT�RU{|d�lmZ8_ � J\FHP�IKNYabP�gwl+abPwL�R�L � F"l�IKNOF lML�JmZ8_�L\Z�JmFL�J'IHjwFHJ�l�IK{�L � I�L�JmF�IK{bab�HFAlSL � F�* r _�RUPQL\J'IK_�L�abRhPflmZ��8lML\akL�Z[L\abRUP���8JmRUN L � F�IK��RAjwF�d[a|l\_�Z8l\lmabRUP!}XakL3I�G�G�F�IKJ\l¥L � I�L¥L � FHJ\Ffa|l�IKP.R�jUF]J � F�IKd.abP.abNOG�{bFHNOF]PwL�abP�g * r

_HRUPwL�J�Ih_�L\abRUP�Z�P�d[F]JyL � F d[F�z J\Z�a ±MP�l\_ � F]NYF�L � I�L+a|l�JmRUZ[g � {knfG[J\RhG�RUJML�abRhP�IK{�L�RYL � F�F*��RhJmL+J\F]§QZ�abJmFAdT9RUJ J\FHP`Z�N���F]JmabP�gfL � F*IKJmgUZ[NOF]PwL G�I�JmL'l RhT^* r JmFAd[F�­�F]l]�*É�F���FH{babFHjUF�L � I�L L � a|l F*��RUJmL�a|l�lmNªI�{b{ abPG�J'IK_�L\a|_HFcT�RUJyLo�ROJ\F�IKlmRUP8lH� �6abJ�lMLA}�Ih_�L\Z�I�{>J\FHP`Z�N���F]JmabP�gO_AI�P���F�RUT�L\F]P���Fc¡�P[FAl\lmFAd�� �8RhJ�FH­[IKNOG[{bFU}abTDL � F]JmFcIKJ\F�P�R¥F�­`L�FHJ\P8IK{b{kn3��RUZ[P8d3jhIKJma�IK��{bF]lSabP*L � FcIKJmgUZ�NYF]PQLSRUT>L � F�* r J\F]d[FH­�RUJSabT£lmZ���lML�akL�Z�L�abRhP

s �

Page 17:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

a|lªP�RKL*N�Ihd[F�abPwL�R·I¢_HRhPQL�F�­`LªF]N"��FAd�d�FAd<Z[P8d[FHJ*IK�8lML\J'Ih_tL�abRhP8lH}SL � FHP¯JmF]P`Z[N"��FHJ\abP[g¹a|l*IK_�L�Z8IK{b{knjUIh_�Z�RhZ8lH� �� a|lH}yabP¯T°Ih_�L]}Sa|l�RUT�L\F]P<L � F�lmakL\Z�I�L\abRUPµZ[P8d[FHJ*I�G�RUG[Z�{�I�J*lMLon�{bF�RUT�G[J\RhgUJ'I�NONOabP[g¢abP¿�²WJ\RU{bRhg#� v ��� }�I�P8dªRKL � F]JXT9FAI�L�Z[J\F]lXRUT�L � F�{�IKN���d8I�L�FHJ\NÍJmF]G�JmFAlmF]PwLtI�L�abRUP�L � I�LX�XF�d[F]l�_�J\ab��F�abPªL � a|ll\F]_�L\abRUP3IK{b{bRA�ÊlmZ8_ � G[J\RhG�F]JML�abF]l�L�R ��F+JmFA_�RUgUP[ab�]F]dªIKP8dOZ�L�ab{bab�HFAd�abP�JmFAd�Z8_�L\abRUP�� ^QFA_HRhP8d�}QP�RhLSI�{b{8L � F_AIhlmF]l�� � F]JmF�I�P�RhPQL\J\akj�a�I�{�JmF]P`Z[N"��FHJ\abP[g P[F]FAd[l�L\R ��F�d�RUP[F�_HRUP�lML�akL�Z�L�F�IKP�FH­`L\J'Ic_�RwlMLA� �oPªghF]P�FHJ'I�{¨}� � FHP.I�L\F]J\N a|l¥lmZ���lML�akL�Z�L�F]d¹abP�}#akL¥a|l"P[FA_�FAl\l�IKJmn¹I�{|l\R�L�R�FH­[IKNOabP[FªakL'l"lML�JmZ8_�L\Z�JmFfI�P8d¹G�Rwl\lmab��{knJ\FAd�Z8_�F akL�L�R3I�P�IKG[G�J\RhG�Jma�I�L�F P[RUJmNªIK{>T9RhJ\N�� �� F�P[FA_�FAl\l�IKJmn*J\FHP`Z[N"��FHJ\abP�g�_AI�P!}�abP�L � a|l�_]IhlmFU}8��FabP8_HRhJ\G�RUJ'I�L�F]d�abPQL�RªL � FYl�I�NOF �yIK{bË�IKl�L � F"RUP[F"L � I�L�_AI�J\JmabFAl�RUZ�L�L � a|l�abPwL�J\RUlmG�FA_tL�abRhP!� �S� F"NªI�abPd[J'IH���8Ih_'ËYRUT!L � a|lSI�G�G�JmRQIK_ � a|l L � I�LakLS{bF�IKd�l L�RYIc{bRUl�lXRUT>l � IKJmabP�g"abP3JmFAd�Z8_�L\abRUP3abT�L � F�l�IKNYF+L�FHJ\Na|llmZ��8lML\akL�Z[L\FAd�}�I�P8dOJ\FAd�Z8_�FAd�}`abP3NYRUJ\F�L � I�P3RhP�F+G�{�Ih_�F�l\abP�_HF+L � F�JmFA§QZ[abJ\F]dªJmF]PQZ�N"��F]J\abP[g�NªIHnY��Fd[a���FHJ\FHPQLWabP¥F�Ih_ � RhT�L � FAlmFS_�RUPQL\FH­QL'lH�£Ì�R��F�jwFHJ]}UFHNOG�abJma|_AI�{�FHj`a|d[F]P�_HFSlmZ�gUghFAlML'lDL � I�L£L � FyIh_tL�Z�I�{`{bRwl\lRUT�l\Z�_ � l � IKJmabP�gca|l P[F]gU{babghab��{bF � v �%� }QabP8d�a|_AI�L\abP�gcL � F]JmF]�wn¥L � I�LXIKPQnYJmF]PQZ�N"��F]J\abP[g _AI�P���F+G[J\Rh¡[LtI���{knT9RU{|d�FAd*abPQL\R�I"J\F]§QZ[abJ\FAd*JmFAd[Z�_�L\abRUP*�yI�{bË����Pfl\Z[NONªI�Jmnw}QL � F]P�}[L � Fcd�F z J\Z[a ±mPfJ\FHG�J\F]lmF]PQL'I�L\abRUPfRhT6��RUZ�P�d3jhIKJ\a�I���{bF]l � IKly{bakLmL�{bF�J\FAIK{!d[J'IH� r

��Ih_�Ë�abP�JmF�I�{bab�]abP�g+* r _HRUPwL�J�Ih_�L\abRUP�I�P8d�lmabgUP�ab¡�_AI�PQL�Ihd`jUIKPwLtI�gUFAl�abP�_ � FA_�Ë`abP�gfa|d�F]PQL\akL�n�NOR`d[Z�{bR+� r_HRUPwjwFHJ�lmabRUP�IKP�d�abNOG[{bF]NOFHPQL\abP�g � abg � F]J r RhJ�d[FHJ�Z�P[ab¡8_AI�L�abRhP!� �oL � Ihl���FHF]P�Z8lmFAd�T9RhJ�L � a|l�JmF�IhlmRhP©abPL � F�¸�ºH»�¼t½�¾abNYG�{bF]NYF]PQL'I�L\abRUP�I�P8d��XF RUJmabF]PQL+L � F J\FAlML�RhTWRUZ�J�d�a|l\_HZ8l\lmabRUP�RhT£L�FHJ\N JmF]G[J\FAlmFHPQLtI�L�abRhPIKJ\RhZ�P�dfakL]�

��� � � ��� � %�������� $�+-� ��� ��$ ��������� ��� � ���� �

�S� FcF*��FA_tL�abP�gYRUTWlmZ���lML�akL�Z�L�abRhP8lyR�jwFHJyL�FHJ\N�lSG[{�I]n[l�I¥_HF]PwL�J�IK{!J\Rh{bF abP�J\FAIK{bab�]abP[gOL � F * r _�RUPwL�J'IK_�L\abRUPRUG�FHJ'I�L�abRUP�} ��RhL � T�J\RUN L � F3G�FHJ�lmG�F]_�L�akjUF*RhT�Ih_tL�Z8IK{b{kn¶_HRhPQL\J'Ih_tL�abP[g * r J\F]d[FH­`FAl¥IKP�d¶T�J\RUN L � I�LYRhTIhd�±MZ8lML�abP[gfabP8d[a|_�FAl�RhJcJ\FHP�I�NOabP�g*��RUZ[P8d�jUI�J\a�I���{bFAlH��« d[FAlmabJ�IK��{bFYT�F�I�L\Z�JmFYabP�abNOG[{bF]NOFHPQL\abP�gflmZ8_ �l\Z[�8lML�akL\Z[L\abRUP8lWa|l£L � F+I���ab{bakL�n�L\R�G�F]JmT9RhJ\N�L � F]N�abPOI�{�I��Hn"T¨IKl � abRUP���^QFHjUF]J'I�{[��FHP�F]¡�L'lW_AIKP¥��FSgQIKabP[FAdT9J\RhN/L � a|l I���ab{bakLonw� �8RhJcFH­[IKNOG[{bFU}D_�RUP�l\a|d�F]J�L � FYL'IhlmË�RUTSd�FHL\F]J\NYabP�abP�g*� � FHL � FHJ�L � F "°d[Fªz J\Z[a ±mP ,L�F]JmN�l " " ¿+¿�¿���� � v �%,." ¿�� s , ,�IKP�d " " ¿+¿�¿������ s � ,." ¿�� s , , _AI�P·��F*Z�P�ab¡[FAd��¢É�F�Ihl\lmZ�NOFL � I�L4��IKP8d8� d[F]P[RhL\F�IKJm��akL�J�IKJMn�L�F]JmN�l � F]J\Fh�WÉ�F�_]IKP*_HRUP�_H{bZ�d[F�L � I�LSL � F]l\F+L��R�L�FHJ\N�lX_AIKP[P�RKLS��FZ�P�ab¡[FAdf�wn*RU��lmF]Jmj`abP�g¥L � I�LyL � FHn3J\F]d[Z�_HF�J\F]l\G�FA_tL�akjwFH{kn3L�Rª¿+¿�� v � � IKP�d�¿+¿�� s � � }�� � FHJ\F>� � I�P8d� � IKJmF�L�FHJ\N�l�L � I�L�J\FAlmZ[{kL"T9JmRUN.�3IKP�d-���Qn¹I�G�G[J\RUG[J\a�I�L�F3lmZ[�8lML�akL\Z[L�abRhP8lH���+RhL\F�L � I�L�abP¹NªIKËQabP�gL � a|lXd�FHL�FHJ\NOabP8I�L\abRUP!}QakLXa|lXP�RKLXP�F]_HFAl\l�IKJMn¥L�R F�­�G�{ba|_�akL�{knª_]IK{|_�Z�{�I�L\F�L � F�J\F]lmZ�{kL'l�RUT�L � F�lmZ[�8lML�akL\Z[L�abRhP8lR�jwFHJSL � F�L\F]JmN�l��cIKP�d$�t�#Ì�R��XFHjwFHJ]}�L�R�IK_ � abFHjwF�L � a|ly_HRhP8lmF]JMjUI�L�abRUP*RUTDF���RUJML�akLya|lyP[FA_�FAl\l�IKJmn�L\R¥��FIK��{bF+L\R�J\FHG�JmFAlmF]PwL3� � I�P8d%� � IhlX_HRhN"��abP8I�L\abRUP8l�RUTF��IKP8d%�W�yakL � J\FH{bFHjUI�PQLl\Z[�8lML�akL\Z[L\abRUP8lH��^QabNOab{�IKJm{knw}_HRUP�lma|d[F]J L � F+J\F]d[Z�_�L�abRhPªRUT>I�L\F]JmNÍRhT�L � F+T9RhJ\N " " ¿ " " ¿3�5��,K��A*, ,K� � ,WL\R � FAIhd r P�RhJ\NªI�{�T�RUJmN�� �>F�L^� � A��F�L � F�L\F]J\N RU�[L'IKabP[FAdªT�J\RUN �BAy�Qn�l\Z[�8lML�akL\Z[L\abP�gY� � T9RUJ L � F�¡[J�lMLT9J\FHF�jUI�J\a�I���{bF�I�P8d3d�FA_HJmF]NOFHPQL\abP�gL � F�abP�d[a|_�FAl RUT�I�{b{�L � F�RKL � F]J T9JmF]FOjhIKJ\a�I���{bF]l��wn�RUP[FU� �S� F]P¹G[J\R`d[Z8_�abP�g�L � F � FAIhd r P�RhJ\NªI�{�T9RhJ\NabPQjwRh{kjwF]llmZ[�8lML�akL\Z[L�abP[g � � A IKP�d%� � T�RUJ�L � F+¡�J\lMLSIKP8d�lmF]_HRUP�dOT�J\FHF�jUIKJma�IK�[{bFAl abP!�?�I�P8d�d�FA_HJmF]NOFHPQL\abP�gL � FyabP8d[a|_�FAl#RUT�IK{b{�RhL � F]J�T�J\FHFyjhIKJma�IK��{bF]l��wn"L��XR��We Ih_ � RUT�L � FAlmF�lmZ���lmL\akL�Z�L�abRUP�l#FAl\lmF]PwL�a�I�{b{kn¥abPQjURU{kjwF]lI"�SIK{bË3RAjwFHJSL � FY¾��/0OºSlmL\J\Z�_�L�Z[J\Fh} �$�º%$b}�L � F lML\J\Z8_tL�Z[J\F�RhT �5�]� �oLS�RhZ�{|dfRh�Qj�abRhZ8lm{kn3��F���FHP�FH¡8_Ha�I�{!abTIK{b{`L � F]lmFXL�J�I]jwFHJ�l�IK{|l£_HRhZ�{|d���FS_�RUN"�[abP�F]d�abPQL\R�RUP[FU� �S� F�I���ab{bakL�n L\R�_HRhN"��abP[F �yIK{bË`l£abP"L � a|l£NªI�P�P[F]Jd[F]G�F]P�d�lH}�RhP8_HFcIKgwIKabP!}[RUP*L � F�G�Rwl\lmab��ab{bakL�n3RhTDL�FHNOG�RhJ'I�J\ab{kn*lmZ�l\G�F]P�d[abP�g�I"l\Z[�8lML�akL\Z[L\abRUPfghF]P[F]J'I�L�F]d�QnfIY* r _HRhPQL�J�Ih_tL�abRUP��

�S� FXd[F]{�IHn�abP[g�RUT�lmZ[�8lML�akL\Z[L�abRhP8l � IhlH}�abP�T°Ih_tLA}���FHF]P Z8lmF]dcFH­`L\F]P�l\akjUF]{kn�abPcL � F abNYG�{bF]NYF]PQL'I�L\abRUPcRhT

s*!

Page 18:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

T9Z�P�_�L\abRUP�I�{DG[J\RhgUJ'I�NONOabP[gO{�IKP[gUZ�I�gUF]l "�º $ & $|}�lmF]F � shs } s�q } s]u � ,'�2��P�L � F]l\F _HRhPQL\FH­`L�lH}8L � FcP�FA_�FAl\l�IKJMnd[F]{�IHn�abP[g©a|l"JmF�IK{bab�HFAd¹�Qn�L � F*lmabNOG�{bF3d[F�j�a|_�F*RhT+_HRhN"��abP[abP�g©I�L\F]JmN �yakL � IKP¶FHPQj�abJmRUP[NOF]PwL"L � I�LJ\F]G[J\F]l\FHPQL�l��[abP8d[abP[gwl�T�RUJ�T�J\F]F jUIKJma�IK�[{bFAl+L � I�L�R�_H_HZ[J�abP©akL]��É � F]P�L � F¥d�FOz J\Z[a ±mP�JmF]G[J\FAlmFHPQLtI�L�abRhPa|l"Z8lmFAd�}WL � a|l¥lmabNOG[{bF*d[F�j�a|_�F3a|lYIKd[F]§QZ�I�L�F3RhP�{kn¢abTyL � FªR�jwFHJ'I�{b{XL�FHJ\N a|l¥_�{bRwlmFAd·I�P8d¹abT+lmZ���L�F]JmN�lF]N"��FAd�d�FAd¶��akL � abP¯IK��lmL\J'IK_�L�abRhP8lYP�FHFAd.P[RhL���F�F�­�G�{bRhJ\F]d�� �S� FAlmF�Ihl\lmZ�NYG[L�abRhP8l�I�J\F�IK_]_�F]G[L'IK�[{bFabP<L � F�abNOG[{bF]NOFHPQLtI�L�abRhP.RUT�T9Z[P8_tL�abRUP8IK{�G[J\RhgUJ'I�NONOabP[g�{�I�P�ghZ�IKghFAlO�[Z[L3IKJ\Fh}SZ[P�T�RUJmL\Z�P8I�L�FH{knw}P�RKLIKG�G[{ba|_AI���{bF�L\R L � F�_HRUPwL�F�­`LXRUT�abPQL\F]J\F]lMLL\R�Z�l]� ��RUJXFH­[IKNOG[{bFU}wL � F�G�J\R`d[Z�_�L�abRhPªRhT!L � F � F�IKd r P�RUJmNªIK{T9RUJmN�lOL � I�LfIKJmF�P�FHFAd[F]d¯d[Z�JmabP�g¶Z�P[ab¡8_AI�L�abRhP¬NªI]n·�FH{b{�J\F]§QZ�abJmF�L � F�_HRUPwL�J�Ih_�L\abRUP¬RhT7* r JmFAd[F�­�F]lF]N"��FAd�d�FAd���akL � abP"I��8lML�J�Ih_tL�abRUP�lDIhl��FH{b{`Ihl�L � F#G�J\RhG�I�gQI�L\abRUPcRhT�l\Z[�8lML�akL\Z[L\abRUP8l!Z�P�d[FHJ6IK��lmL\J'IK_�L�abRhP8lH���PµL � FAlmF�_AIhlmF]l]}+I¢NYRUJ\F�_HRhNOG�{ba|_]I�L�F]d¯lmZ���lML�akL�Z�L�abRhP¬RhG�FHJ'I�L\abRUP¯P�FHFAd[l�L�R¹��F�FHP8_HR`d[F]d�� �S� Z�lH}l\Z[G�G�RwlmFXL � I�L£�XFSP[F]F]d L�R4* r _HRhPQL\J'Ih_tL#I+L\F]J\N�RUT�L � FXT9RUJmN " ¿3� ,3� L � I�L�I�G�G�FAIKJ\l£F]N"��FAd�d�FAd���akL � abPl\RhNOF�IK�8lML\J'Ih_tL�abRhP8lH����R��c}_�XNOabg � Ly_HRhPQLtI�abP*jhIKJ\a�I���{bF]lSL � I�L+IKJmF���RUZ�P�d*�wn3RUZ�L'lma|d[FcIK��lmL\J'IK_�L�abRhP8lH���T�L � FJ\F]lmZ�{kL#RUT8_HRUPwL�J�Ih_�L\abP�g�L � a|l* r J\FAd�FH­ a|l6L�R���FF]P�_HR�d�FAd��Qn L � FXL�F]JmN �£I�P8d¥IKP / FHPQj�abJmRUP[NOF]PwL 0|}L � FyF]PQj`abJ\RhP�NOFHPQL�N"Z8lML�J\F]_HRhJ�dYP[RhL!±mZ8lML#L � F+lmZ���lmL\akL�Z�L�abRUPYRUT���T�RUJ#L � F�¡�J\lmL�T9J\FHFyjUI�J\a�I���{bF�abP!�£��Z�LIK{|lmR L � F�d[F]_HJ\FHNOF]PwL�abP[g RhT�L � F�abP�d[a|_HF]lX_HRUJmJ\F]l\G�RUP�d[abP�g L\R¥IK{b{8L � F�RhL � FHJXT9JmF]F�jhIKJ\a�I���{bF]l]� ^QabNOab{�IKJm{knw}abNªIKghabP�F*L � I�LY�F*��a|l � L\R�G�J\RhG�I�gQI�L\F�IKP.F]Pwj�abJ\RhP�NOFHPQL "°RUJH}SIK{kL�FHJ\P8I�L�akjUF]{knU}yI©l\Z[�8lML�akL\Z[L\abRUP.T9RhJT9J\FHF©jhIKJ\a�I���{bF]l ,ªZ[P8d[FHJ*L � F�IK��lmL\J'IK_�L�abRhP abP�I¹L�FHJ\N RUTcL � F©T9RhJ\N ¿3�'� �oTcL � F�JmFAlmZ�{kLfa|l*L�R·��FJ\F]G[J\F]l\FHPQL\FAd��wn©IOL\F]JmN�RhT#L � F"T9RhJ\N/¿3� � � � FHJ\F>� � a|l�akL�l\FH{bT FHP8_�R�d[F]d©Ihl4��I�P8d©IKP�FHPQj�abJmRUP[NOF]PwLA}L � FHP.L � a|lYF]Pwj�abJmRUP�NYF]PQLYN"Z8lMLY��F�Rh�[LtI�abP�F]d.T�J\RhN L � F�FAIKJm{babF]JORUP�Ff�Qn / l � abT�L�abP[g�Z[G 0#L � FfabP8d�FH­T9RUJ�L � F¥jhIKJma�IK��{bF]l�L�Rf��FOlmZ���lmL\akL�Z�L�FAd�T9RhJ��Qn�RhP�F�IKP�d�Ihd[d[abP[g�I�P�a|d[F]PwL�akLon�lmZ[�8lML�akL\Z[L�abRhP�T�RUJ�L � FjUIKJma�IK�[{bF���akL � abP8d�FH­ s � ��Z�JML � F]J]}`L � F�abP�d[a|_�FAlSRhT>L � F�T9JmF]F�jUIKJma�IK�[{bFAlSabP3L � F�L�FHJ\N�l L � I�L+I�G�G�FAIKJSabPL � F�F]Pwj�abJ\RhP�NOFHPQLyN"Z�lMLSL � FHN�lmF]{kjUFAl��F�abP�_HJ\FHNOF]PwL�F]d3�wn s �

e#­`G�{ba|_�akLylmZ[�8lML�akL\Z[L�abRhPªP[RhLtI�L�abRhP8l�L � I�L � I]jUF���FHF]Pªd[FHjUF]{bRhG�FAd�abPªJ\F]_HFHPQLXnUF�I�J�l T9RhJ L � F�{�I�N"��d�I_AIK{|_�Z�{bZ�lfR���F]J�I·_HRUNYG�{bFHL\F�L\J\FAI�L�NYF]PQL*RUT L � a|l*Ë`abP�d RhT�FHP8_HR`d[abP[g<RhT"lmZ���lML�akL�Z�L�abRhP8l � s } ! } s �`}v[s } � u � ��É¢F�RUZ�L�{babP[F � FHJ\F�I¢jwFHJ�lmabRUPÊRhT�lmZ8_ � I¹P[RhL'I�L�abRhP¬L � I�L3�F � IHjwF�d�FHjwFH{bRUG�FAd¯T9RUJ*Z�lmFl\G�FA_�ab¡8_AI�{b{kn�abP�L � F"abNOG�{bFHNOF]PwLtI�L\abRUP�RUT�RUZ[J � abg � F]J r RhJ�d[FHJ�{�I�P�ghZ�IKghF � � s � � �S� a|l�P[RhLtI�L�abRhP©��Z�ab{|d[lRUP�L � FXL�J�Ihd�akL�abRUP8IK{[d[FyzXJmZ�a ±MP¥P[RhLtI�L�abRhP¥�wn¥IKd�d[abP[gcI+P�F��<_AI�L�F]ghRUJMn RUT�L�FHJ\N�l£_]IK{b{bF]dYI�lmZ8lmG�FHP8lmabRUP��«ÍlmZ�l\G�F]P�l\abRhP©J\FHG�J\F]lmF]PQL�lcI / lmËUFH{bFHLtI�{�0�L�FHJ\N�L\RUghFHL � F]J���akL � I*lmZ8lmG�F]P8d�FAd©lmZ���lML�akL�Z�L�abRhP!��^`Z�_ � IL�F]JmN � Ihl�L � FOlML\J\Z8_tL�Z[J\F � � � ����� ���)� �5��� �¨}!� � FHJ\FG��a|l I�L�FHJ\N�}����IKP�d0�)�IKJmFOP8I�L\Z�J'I�{#PQZ�N"��F]J�l�I�P8d�fa|l�IKP·F]PQj`abJ\RhP�NOFHPQLA� �S� a|lYl\Z�lmG�F]P�lmabRUP._HRhJ\JmFAlmG�RhP8d�lH} abPwL�Z�akL\akjwFH{knw} L�R�I�L�F]JmN.� L � I�LYZ�l\F]d¶L\RR�_]_�Z�J"abP8lma|d[F+� ��IK��lML�J'IK_�L\abRUP8l���Z�L¥L � I�L¥P�RA� IKG�G�F�I�J�l ��akL � abP<�)��RhTyL � F]N�� ��P¶gUFHP�FHJ'I�L\abP�g�L � FZ�P8d�F]Jm{kn�abP�g"d[F�zXJmZ�a ±MPªL\F]JmN�}wL � F]J\FHT9RhJ\FU}wL � F���RUZ[P8dOjhIKJma�IK��{bF]lX�yakL � abP8d�a|_HF]lXgUJmF�I�L\F]J L � IKP8��� � I]jUFL�R � I]jUF�L � F]abJ�abP8d[F�­.jhIK{bZ�F]l3Ihd�±MZ8lML�F]d<�Qn·L � F�d[a���F]J\FHP8_�F���F�L��XF]F]P � �cIKP�d �)�o��^`Z[�8lML�akL\Z[L�abRhP8lT9RUJ"L � F3¡�J\lmL%� ����RhZ�P�d¹jUIKJma�IK�[{bFAlOIKJmFU}�RhP¶L � F*RKL � F]J � IKP�d�} _HRhPQLtI�abP�F]d¶abP¶L � F3F]Pwj�abJmRUP�NYF]PQLG�U�VXRUP�_HFHG[L�Z8IK{b{knU}�L � F�FH{bF]NOFHPQL�lXRUTDlmZ8_ � I�P*FHPQj`abJ\RUP[NOF]PwL+I�J\F�F]akL � F]JylmZ[�8lML�akL\Z[L�abRhP3L\F]JmN�lghF]P[F]J'I�L�F]d�Qn�IY_HRUPwL�J�Ih_�L\abRUP�RhJ�IKJmF�d�Z�NON�n3lmZ��8lML\akL�Z[L\abRUP�l+_HRUJmJ\F]l\G�RUP�d[abP�gYL�RªIK��lML�J'IK_�L\abRUP8lSL � I�L+G�FHJ�lma|lML�abPIKPfRUZ�L�F]Jy_HRhPQL�F�­`L]�#Ì+R��XFHjUF]J]}�lmRUNOF�JmF]P`Z[N"��FHJ\abP[g¥RUT6abP�d[a|_�FAlyNªIHn � IHjwF�L\RY��F d�RUP[F I�LSL � F�G�{�IK_HFRUT�Ih_tL�Z8IK{Sl\Z[�8lML�akL\Z[L\abRUP!� � R©F]P8_�R�d�F3L � a|l"J\FHP`Z�N���F]JmabP�g[}�F�IK_ � F]{bFHNOF]PwL¥RUT�L � F*FHPQj�abJmRUP[NOF]PwL¥a|lIKP�P[RhL'I�L�F]dO�yakL � L � F�PQZ�N"��F]J RhT!J\FHNªIKabP[abP�g"IK�8lML\J'Ih_tL�abRhP8l Z�P�d[F]J � � a|_ � L � F�I��8lML�J�Ih_tL�abRUPªJmF]{bFHjhIKPwLL�R©L � I�LYF]{bF]NYF]PQLOIKG[G�FAIKJ�lH� �� a|l¥J\FH{�I�L�akjUF / F]N���FAd[d[abP[g©{bF�jwF]{�0#_AI�P.��F*Z8lmFAd¹L\RUghFHL � F]J"�yakL � L � FR�jwFHJ'I�{b{>FHN"��F]d�d�abP�g¥{bFHjUF]{����>L�RY_HRUNYG�{bFHL\F]{kn3d�FHL�FHJ\NOabP[F�L � F�P�FHFAd�FAd*JmF]PQZ�N"��F]J\abP[g��

�S� F"lMn�PwLtI�­fRhT#{�I�N"��d�I¥L�F]JmN�l�abP�L � F P�FH� P[RhLtI�L�abRhP�a|l]}�abP�T¨IK_�L]}�gUakjUF]P��QnfL � F�_AI�L\F]ghRUJmn ��� �

s�+

Page 19:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

" *���, " ¿:�?��,K��A��I, � � �?��� s � ~ �%"/��A�� ~ , ¦|¦ � �� � �" * �� , " ¿ � � �5���5� ��� s ���)��� s �'�4���D¦b¦M��� ��,W�BA �P, � � �5��������� s �B��� � "/��A �B��� ,X¦|¦M��� �"9J s , � � ����� ���)� �5��� ���P,S K}[G�JmR�j�a|d�FAd+ �a|l+I¥_HRUP�lMLtIKPwLA�"9J v , � � 6F����� ���)� �5��� ���P,S6>}�G[J\R�j`a|d[F]d+6�a|l+I�{bRUgUa|_�jUIKJma�IK�[{bFU�"9J�� , � � �>���5��� �B�����?��� ��� , � � }�G[J\RAj�a|d[F]d$��� ���£IKP�d � � ��� � ��� �)�o�"9J q , � � �>���5��� �B�����?��� ��� , � � }�G[J\RAj�a|d[F]d$� � ���£IKP�d`� � �� � � " ��,I�P8d � � ��� � � �"9Jt��, � � �>���5��� �B�����?��� ��� , � � � � ~ ���)� � ���*� � � � }

G[J\R�j`a|d[F]d+� � � �WI�P8d`� � �� � "/�?�?��,IKP8d � � �)� �-�o�"9J�� , � � �?� �BA �5��� �B�����?��� ���P, � � �?���5��� �B�����?��� ��� � ��A �5� � ���)� �?��� � �"9J ! , � ��¿:� ����� �B��� �5��� ���P, ¿ � � � ������� s �B����� s �t�4���>¦b¦U��� �¨�"9J + , � ��� � � ����� �B��� �5��� �&� ~ �B��� � �*� � � ���P, � � � ����� ���)��� ��� � �5��� �¨�"9J u , � � � � ~ � ~ �*� � �� ���I,S�t�

�6abgUZ�JmF v ¦ �SZ�{bF�l\_ � FHNªI�L'I�T�RUJyJ\F���JmakL�abP�g¥L\F]J\NOlSabP*L � FclmZ8lmG�FHP8lmabRUP*P�RKLtI�L\abRUP

d[F]¡[P�F]df�wnªL � F�T�RU{b{bRA��abP�gYJ\Z�{bF]lH¦

�� � ��¦b¦ � �$� � �1" ��� �?� �� � ,�� � ¦b¦ � � �� � ��� � �X¦|¦ ���'���� � ¦b¦ � � �"� � � �'�"� � �� �"��" � � � ��� � , �1" ¿�� � � , � � � ��� �?� �� � � �� �?� �� � � �

��P�L � FAlmF"J\Z�{bF]lH} ���"��IKP8d ��� �+JmF]G�JmFAlmF]PwLc_�RUP�lmL'IKPwL'l�IKP�d�{bRUgha|_�jUIKJma�IK�[{bFAlH} �� �+a|l�L � FY_AI�L�F]ghRUJMn�RhTG�RwlmakL\akjwF�PQZ�N"��F]J\l�IKP8d � �Sa|lyL � F�_]I�L\F]gURhJmnfRhTWP�I�L\Z�J�IK{DP`Z[N"��FHJ�lH� ��Z�JML � F]J]} �� ��IKP�d ��� � �+I�J\FL�Rf��F¥J\FAIhd�IKl�L � FY_AI�L�FHgURUJmabFAl�RUTXFHPQj`abJ\RUP[NOF]PwL'l�IKP�d©F]Pwj�abJmRUP�NYF]PQL�L�FHJ\N�lH}�J\FAlmG�FA_�L\akjwFH{knw� � F]J\NOlRUTSL � FªT9RhJ\N � � � �B�5� � �5��� � N"Z8lML�l�I�L�a|lmT�n¢_HFHJmL'IKabP¢�FH{b{bT9RUJmNOFAd�P�F]l�l _HRhP8lML�J�IKabPQL�lcL � I�L � IHjwF*I�P8I�L�Z[J'I�{��Ihlma|l�abP�RUZ[J�abP[T9RUJmNªIK{6Z[P8d[FHJ�lMLtI�P8d�abP�g3RUT#L � F]abJ�_HRhPQL\F]PQL]¦�j�abF���abP�gªL � F¥FHPQj`abJ\RUP[NOF]PwL �OIKl�I�{ba|lMLA}akL'l�{bFHP�ghL � N"Z�lML���F"F]§QZ8IK{>L�R!��}�F�IK_ � FH{bF]NOFHPQL+RUTWakL�RhTWL � F�T�RUJmN�� " ��,SN�Z8lML���F�l\Z�_ � L � I�L � + �IKP8d*FAIh_ � F]{bFHNOF]PwLyRUTDL � F�T9RUJmN "/� �5��, N"Z�lmLS��FclmZ8_ � L � I�L9� � � ���P¢Ihd[d[akL\abRUP�L�R*L � F�lMn`PQLtIK_�L\a|_YF�­�G[J\FAl\lmabRUP�lH}>L � FOlmZ8lmG�F]P8lmabRhP�P[RhL'I�L�abRhP�abP8_�{bZ8d�FAl If_HRh{b{bFA_�L\abRUP

RUT£J\FH�yJ\akL\F J\Z�{bF l\_ � F]NªI�LtI�� � RwlmF G[Z�JmG�RwlmFca|lyL�R�lmabN"Z�{�I�L�F * r _HRhPQL�J�Ih_tL�abRUP�lH� �� F]l\F l\_ � F]NªI�LtIYI�J\FG�J\F]lmF]PQL\FAd¹abP �£abghZ�JmF v � ��P¹L � F]lmF*JmZ�{bFAl��XF*Z8lmFªL � F3P�RKLtI�L�abRUP<� � ���L�R©d[FHP�RhL\F3L � F �#*,+�FH{bF]NOFHPQLRUTXL � FOF]Pwj�abJmRUP�NYF]PQL]��¤�TXL � F�JmZ�{bFAlcG�JmFAlmF]PwL�FAd�}DL � FORUP�F]lc{�IK��F]{b{bFAd " *���,cI�P8d " * �� ,�ghF]P[F]J'I�L�FYL � Fl\Z[�8lML�akL\Z[L\abRUP8lª_HRUJmJ\F]l\G�RUP�d[abP�g¢L\R¹L � F@* r _HRUPwL�J�Ih_�L\abRUPµJ\Z�{bF�RhPÊd�F�z J\Z�a ±MPµL�F]JmN�l3I�P8d<L � F�J\Z�{bF]l"°J s , r "°J u ,t}[JmF]T9FHJ\JmFAd3L\R�IhlL � F���º�� ���� &���½ |º�¾�}�l\FHJmjUF�L�ROIh_tL�Z�I�{b{kn*_AIKJmJmn3RUZ�LyL � FAlmF�l\Z[�8lML�akL\Z[L\abRUP8lH�

�S� F " * �� ,6l\_ � F]NªI � IKl#I�lmG�FA_Ha�I�{�G�{�IK_HFabP"L � FS_]IK{|_�Z�{bZ8lH¦DakLWN�IKËUF]l6G�RUl\l\ab�[{bFL � FS_�RUN"�[abP�I�L�abRUP�RhTl\Z[�8lML�akL\Z[L\abRUP8l6IKJma|l\abP[g�T�J\RUN�d�a���FHJ\F]PwLF* r _�RUPwL�J'IK_�L\abRUP8lH� � R+Z[P8d[FHJ�lMLtI�P8dcakL�lDZ8lmFh}K{bFHL6Z�l6_HRhP8lma|d[FHJ>L � F� F�IKdªP�RhJ\NªI�{bab��I�L�abRUPªRUT!L � F+L�FHJ\N " ¿ " " ¿ �?��,W�BA�, ,K� � ��«+lXL � F�¡[J�lMLylML�FHGªabP3L � a|lXG�J\R`_HF]l�lH}Q�F�NOabg � LG�J\R`d[Z�_HF©L � F�L�F]JmN � � " ¿3�?��,K��A � s � ~ �%" � � � ~ ,X¦b¦ � � � � � �� F�lmZ[�8lML�akL\Z[L�abRhPÊNªI]n¯P[R�����F�G�F]J\_HRU{�I�L�F]d

sHu

Page 20:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

abPQ�yI�J�d[lcZ�l\abP[g*L � FYJmF�Ihd�abP�gfJ\Z[{bFAlclmR�Ihl�L�RfJ\F�jwF�I�{ I8* r J\FAd�FH­©I�L�L � F¥L�RhG�{bFHjwFH{¨� �S� a|lcG[J\R`d[Z8_�FAlL � F�L�FHJ\N

" ¿ � � �5��� v � s �t� " ~ , ¦|¦ "/� � � ~ , ¦b¦ � � � ��, � � ��A � s � ~ �%"/� � � ~ ,X¦b¦ � �� �, � �¨�«LyL � a|lyG�RhabPQLyL � F�* �� JmZ�{bF l\_ � F]N�I�a|l+I�G�G[{ba|_AIK�[{bF IKP8d*Z�l\abP[gYakL�G�JmR�d�Z8_HF]lSL � F�L\F]J\N

� � � � � v � ~ �%" � � � A � s � ~ �%" � � � ~ ,X¦b¦ � � � � � ~ , ¦|¦ " � � � ~ , ¦|¦ � � � �¨��+RhL\a|_HF"L � I�L�L � FYlmZ[�8lML�akL\Z[L�abRhP8l�ghF]P�FHJ'I�L�FAd��Qn�_�RUPwL�J'IK_�L\abP�gªL � F�L��XR * r JmFAd�FH­�F]l � I]jUF¥��F]F]P©_HRhN r��abP�F]d¢I�L�L � a|l�G�RhabPQLcabPQL\R�RhP�FYF]Pwj�abJmRUP�NYF]PQL I�P8d�_AI�P���FYG�FHJ\T9RhJ\NOF]d�abP¢IflmabP[gU{bF¥�yI�{bË�R�jUF]J�L � FlmL\J\Z�_�L�Z[J\F�RUT �5�]���P¯L � F�L\J'IKP�lm{�I�L�abRhPÊRhT"I¹lmZ8lmG�FHP8lmabRUP�}�akL3��ab{b{�F�jwF]PwL�Z8IK{b{kn¯��F�P�F]_HF]l�l�I�Jmn<L\R.l\Z[�8lML�akL\Z[L\F�L � F

IKJ\ghZ�NOFHPQL�l"RUT�* r J\FAd�FH­`FAl"T9RhJ¥��RhZ�P8d¹jUI�J\a�IK�[{bFfabP�d[a|_HF]lH� �� a|l¥RUG�F]J'I�L�abRhP.a|lY_AI�J\J\abF]d·RhZ[LYabP.RhZ�J_AIK{|_�Z�{bZ�ly�QnªabP8lMLtI�P8_HF]lSRhTDL � F�J\Z[{bF l\_ � F]N�I "9Jt��,'� �S� F]J\F�a|lH}�abP*gUFHP�F]J�IK{¨}8I"P�F]_HF]l�lmakLon�L�RYJmF]PQZ�N"��F]JabP8d[a|_�FAl�abPµL � F�L\F]J\N ��F]abP[g¶lmZ���lmL\akL�Z�L�FAd.abPÊI�P8d.L � a|l�a|l�NªI�P�abT�FAlML�abP<L � F�l\_ � FHNªI "9Jt��,¥abP<L � F_HRUP�lML�J\Z�_�L\abRUP¹RhT+I�lmZ�akL'IK��{bF3lmZ8lmG�F]P8lmabRhP!� �� F�J\Z�{bF3l�_ � FHNªI�L'I "9J + ,cIKP�d "°J u ,�J\F]_HRhgUP�ab�HF3lmG�F]_Ha�I�{_HabJ�_�Z�N�lML'IKP8_�FAlYJ\FH{�I�L�akjUF�lmZ8_ � J\FHP`Z�N���F]JmabP�g[� �S� F�l\_ � F]NªI "°J u ,OIK{b{bRA�+lOjUIK_HZ�RhZ8lOJmF]P`Z[N"��FHJ\abP[gL�R¶��F�F]{babNOabP8I�L\FAd���z nµl\R¶d[RUabP[g�}�L � a|lªJ\Z�{bF�T¨IK_Hab{bakL'I�L�F]lfI¹_HRhPQL\abP`Z�F]d¬l � I�J\abP�g¹J\F]{�I�L�akjUF�L\R¹L � Fl\Z[�8lML�akL\Z[L\FAd�L�FHJ\N�� �S� FYl\_ � FHNªI "°J + ,t}>RhP©L � F¥RhL � FHJ � I�P8d�}>G�FHJ\NOakL�l�I3P�RhPQL\J\akj�a�I�{#JmF]P`Z[N"��FHJ\abP[g�yIK{bË�L�R���F_HRhN"��abP[FAdc��akL � I��yI�{bË"I���F]_�L�abP[g�lmZ���lmL\akL�Z�L�abRUP�lWIKJma|lmabP�g�RUZ[L£RhT8F�I�J\{babF]J * r _HRUPwL�J�Ih_�L\abRUP�l]�i�lmFAl�RUTXL � FOl\_ � F]NªI�LtI "9J + ,�I�P8d "9J u ,�_AI�P���FOT�RU{|d�FAd�abPwL�RfL � FªI�G�G�{ba|_]I�L\abRUP�RUT L � F�l\_ � FHNªI "9Jt��,IKP8dYL � a|l�a|lXIh_�L\Z�I�{b{knOd[RUP[F+abPOL � Ff¸8º�»M¼t½`¾£abNOG�{bFHNOF]PwLtI�L�abRUP��£«�P�abPQL�FHJ\F]lmL\abP�g�IhlmG�F]_�L RUT�RUZ[J R�jwFHJ'I�{b{lmn�lML�F]N a|lyL � I�L+�Qn*Z[L\ab{bab�]abP[gOL � F�" * �� ,'} "9J + ,yIKP�d "°J u ,Sl�_ � FHNªI�L'I���akL � abPfL � F _HRhPQL�JmRU{DlML\J'I�L\F]gKn*T9RhJgUF]P[F]J�I�L�abP[g � FAIhd r P�RhJ\NªI�{DT9RhJ\N�lyL � I�L��F¥d�FAl\_HJmab��F"{�I�L�F]JH}�akL�a|l�G�RUl�lmab�[{bF�L�R3FH{babNOabP�I�L�F"IK{bNORUlmL�IK{b{R�_]_�Z�JmJ\F]P�_HF]lXRhT!P�FAlML\FAd�lmZ8lmG�FHP8lmabRUP�l abP3G�J�Ih_�L\a|_HFh��� �S� a|l � IKlXRU�wj�abRUZ�l_HRhP8lmFA§wZ�FHP8_HF]l��yakL � J\F]l\G�FA_tLL�R¥L � Fcl � I�J\abP�gYRhT£lmZ���lmL\akL�Z�L�abRUP3�yI�{bË�lH�

É � ab{bF L � FHJ\F a|l�IO_AIKl\FcabP�G[J\abP�_HabG�{bF�T�RUJ�L � F {�IK�HabP�FAl\l�abP�G�FHJ\T�RUJ\NYabP�g�l\Z[�8lML�akL\Z[L\abRUP8lH}�akL�a|l�lML�ab{b{P�FA_�FAl\l�IKJMn�L�R�d�FHL�FHJ\NOabP[F � RA��L � a|l�G[{�I]n�l�RUZ�L abP�G[J'Ih_tL�a|_�FU����P�lmakL�Z8I�L�abRhP8l�� � F]JmFO{�IKN"��d8I�L\F]J\NOlIKJ\F�Z�l\F]dµabP I�P¯F]l�lmFHPQL�a�I�{+�SI]n<abP¯G�J\RhgUJ�IKNONOabP[g�}SFHNOG�abJma|_AIK{�lML�Z8d�abFAl�abP8d�a|_AI�L�F�L � I�L3Z�lmabP�g¢L � Fl\Z�lmG�F]P�lmabRUPYP�RKLtI�L\abRUP�IKP�d"L � FyJmZ�{bFAl " * �� ,WI�P8d#"°J + ,8±mZ�d[a|_HabRhZ8lm{knY_]IKPYJ\F]d[Z8_�F�lmZ���lML�akL�Z�L�abRhPY�SIK{bË`l#L\R��FHLo�FHF]P�I L � abJ�d�I�P8dfIKPfFHabg � L � RhT>� � I�L�a|lSP[F]FAd�FAdª� � FHP�lmZ���lML�akL�Z�L�abRhP8l�I�J\F�G�F]JmT9RhJ\NOF]d3FAIKgUFHJ\{kn� v �%� � �� FHJ\F�a|lXI�P[RhL\a|_HF�I���{bF�JmFAd�Z8_�L\abRUPOabP�_HRhNOG�Z�LtI�L�abRUP¥L\abNOF+IKlXI�J\F]l\Z[{kLA}wZ�GYL\R �w��� �¯NYF�IhlmZ[J\FAdR�jwFHJ*IK{b{�_HRhNOG�Z�LtI�L\abRUP�l]}SabP�_H{bZ�d[abP�g¶��IK_'ËU_ � I�abP�abP[g¶RAjwFHJª{bRUgha|_�G�JmRUghJ'IKNYNOabP�g¹_�{�IKZ8lmF]l �µabP¯l\RhNOFabNOG�RhJmLtI�PQL�_]IhlmFAlH�

����� ��� � � � ��%������ �� ����� � �)�������'��� � ���� �

�S� FHJ\F*a|l�I�JmF]¡[P�F]NYF]PQL�L�R©L � FflmZ8lmG�F]P8lmabRhP·P�RhL'I�L\abRUP¶L � I�LO_]IKP � IHjwF*G[J'Ih_tL�a|_]IK{S��FHP�FH¡[L'lH� �S� a|lJ\F]¡[P�FHNOF]PwL_HRUP�lma|lmL�l RUTDIKP[P�RhL'I�L\abP�g L\F]JmN�l�L\R¥d�FHL\F]J\NYabP�F�� � FHL � F]JXRhJP[RhLXL � FHnO_HRUPwLtI�abPªjhIKJma�IK��{bF]l��RUZ[P8d¥�Qn"F�­`L�FHJ\P8IK{�I��8lML�J�Ih_tL�abRUP�lH���SF]T�F]JmJ\abP�g�L\R�L � FSL��R�_AI�L�F]ghRUJmabFAlWRUT�L�FHJ\N�l#IhlWRUG�F]P�IKP�dY_H{bRwlmF]d��akL � RU�wj�abRUZ�lY_�RUP�P[RhL'I�L�abRhP8lH}#L � FAlmFfIKP[P�RhL'I�L\abRUP8l¥_]IKP·��Ffd�FHL�FHJ\NOabP[FAd¶lMLtI�L\a|_AI�{b{kn¹T9RUJYd�F�z J\Z[a ±mP +�,.-)36<.5KP 36<.-BF0C�,?:SC924-BW�:=E7< :624-=b�E7< L :=AIC$b C�,.36F4- C�,?:SCR:=24E7F4-)LN2436W 36>.20C�24-$:SC�WR-B<DC 36L�C�,.-��� AI3@<@H@-B24F�E736< 24>.57-

G.E7F�AB>.F4F�-BG�E7<��Y-BAIC�E736<��JT��@T

vK~

Page 21:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

L�F]JmN�l IhlcT9Rh{b{bR���l]�f«XL L � F3I�L�RUNYa|_Y{bF�jwFH{¨}Wd[FªzXJmZ�a ±MP¢abP8d[a|_�FAl�IKJ\FORUG�F]P�� � F]JmF�IKlc{bRUgUa|_YjhIKJma�IK��{bF]lIKP8d�_HRhP8lMLtI�PQL�l+IKJmF�_�{bRwlmFAd�� ��RUJ�_HRUNYG�{bFH­ªL\F]J\NOl]}�I�P�IKG[G�{ba|_AI�L�abRhP�a|l�RhG�F]P�abT£F]akL � F]J�akL�l / T�Z�P8_tL�abRhP 0RUJ / I�J\ghZ�NOFHPQL 0hG�I�JmLXa|l�RUG�F]PªIKP�dOa|l _H{bRwlmF]dORKL � FHJm�ya|l\Fh}[I�P8d�IKPªIK�8lML\J'Ih_tL�abRhP�a|l�RUG�FHP�F�­�IK_�L�{kn"� � F]PL � FHJ\F3a|lYI���RhZ�P�d¢jUI�J\a�IK�[{bF*R�_H_HZ�JmJ\FHP8_HF���akL � abP·akL�l¥l\_HRUG�FªL � I�L � Ihl¥I-"°JmF]{�I�L�akjwF%, abP�d[F�­¹ghJ\F�I�L�FHJL � I�P s � �SFH�yJ\akL�F�J\Z�{bF]l+L � I�L+L�J'I�P8lmT9RhJ\N L�FHJ\N�l+abP�L � F"_HRUZ[J�lmF�RUT#_HRUNYG�Z[L'I�L\abRUP�_]IKP���F"NOR`d[ab¡[FAdabP¢I3lML�J�IKabg � L�T�RUJm�SIKJ\d��SI]n�L�R*N�IKabPQL'IKabP�I�P8d�G[J\RUG8IKgwI�L�F"L � F]l\FYIKP[P�RKLtI�L\abRUP�l]� ��RUJ�FH­[IKNOG[{bFU}�abTI* r JmFAd[F�­YRUT�L � F+T9RhJ\N " ¿3�5� ,W�BASa|l_�{bRwlmFAd�}QL � FHPOL � F�lmZ8lmG�FHP8lmabRUP � � �?��� s � ~ � "/��A � ~ , ¦|¦ � �� � ��L � I�LXa|lXghF]P rF]J'I�L�F]dªT�J\RhNÍakLN"Z�lMLSIK{|lmR���F�_H{bRUl\F]d�� ^QabNOab{�IKJm{knw}`gUakjUF]PfI lmZ8lmG�FHP8lmabRUP�RUT�L � F�T�RUJ\N � � �?� �BA �5��� �B�����?��� �L � I�L�a|l�_H{bRUlmFAd�}�L � FcL��XR�L\RUG r {bFHjUF]{6_HRhNOG�RhP�FHPQL'l�RhT£L � F L�FHJ\N "�� � � � �5� � ���)� �?��� � � � � A �5�������)� �?��� ��,L � I�L�a|lRU�[L'IKabP[FAd�T9J\RhN�d�a|lML�J\ab�[Z[L\abP�g�L � FSlmZ���lmL\akL�Z�L�abRUP�R�jwFHJ£L � FyI�G�G[{ba|_AI�L\abRUP¥N"Z�lMLW��FS_H{bRUlmFAd��£«<_HRhNOG�{bF�L�FG�J\F]lmF]PQL'I�L\abRUPªRhT�L � FAlmF+J\FH¡�P�F]d�JmFH��JmakL�F�J\Z[{bFAlIKP�d3Ic_ � I�J'IK_�L�FHJ\ab�AI�L�abRhPªRhT�L � F]abJ G�J\RhG�FHJmL�abF]l NªI]n¥��FT9RUZ[P8d3abP-� � s � �

�S� F�_�RwlMLyRhTDN�IKabPQL'IKabP[abP�g"L � FcI�P�P[RhLtI�L�abRhP8lSd[a|l\_�Z8l\lmFAd3_AIKP3��F�N�Ihd[F�l\N�IK{b{��wnªZ�l\abP[gYlmZ�akLtI���{bF{bR�� r {bFHjUF]{!d[F�j�a|_�FAlH� ��PªL � F�FHN"Z�{�I�L�RUJ L � I�Lya|lG�I�JmLSRUT!L � F�¸8º�»M¼'½�¾ lMn[lML�FHN�}`T�RUJSF�­�IKNYG�{bFU}[IKP3RhL � F]J r��a|lmF�Z[P`Z8lmF]d3{bRA� r FHP8d3�[akL�a|lSFHNOG�{bRAnwF]d�L�R¥abP�d[a|_AI�L�F�L � FcIKP[P�RKLtI�L\abRUPfIKP�dªL � F�d�FHL\F]J\NYabP�I�L\abRUPfI�P8dl\F�L\L\abP�gªRUT#akL'l�jUIK{bZ[F"a|l�T9RU{|d�FAd�abPQL\R�L � F�RAjwF]J�IK{b{6NªI�P�abG�Z[{�I�L\abRUP�RUTWL�FHJ\N L'IKgUl]� �S� F¥IKd�jUI�PQL'IKgUF�RhTNªIKabPwLtIKabP[abP�g�I�P�P�RKLtI�L�abRUP�l�a|lcI�L�{bF�IhlML�Lo�RUT�RU{|d�� �6abJ�lMLA}�L � F¥JmFH�yJ\akL�abP[gfF���RUJML�abP�d�FHL�FHJ\NOabP[abP�gªL � F� F�IKd¥P�RUJmNªIK{[T9RhJ\N�RUT�I�gUakjUF]P¥L�FHJ\N®_]IKPY��FyJ\F]d[Z�_HFAd�� ��RUJ#FH­[IKNOG[{bFU}w_HRhP8lma|d[FHJXI�L\F]J\N�RUT�L � FyT9RhJ\N� � � �B�5� � �5��� ��� � FHJ\F akL+a|l�Ë`P[R���P�L � I�L9�Sa|l�I"L�FHJ\N L � I�L�a|l+P�RKL�d[FHG�FHP8d[FHPQL+RUP�RUZ�L'lma|d[F�IK��lmL\J'IK_�L�abRhP8lH��S� FHP.L � a|lYL\F]JmN _AI�P<��F�l\abNYG�{bab¡�F]d.abNONOF]d[a�I�L�F]{kn¢L\R " I�G�RhabPQL�FHJYL�R(,Y�t�¬^`FA_�RUP�d�} L � a|lOËQabP8d.RhTl\abNYG�{bab¡8_]I�L\abRUP¹_AI�P¹T�RwlML�FHJ"IfgUJ\FAI�L\F]J�l � I�J\abP�g�RUTL\F]J\NOl�I�P8d�}W_HRhP8lmFA§wZ�FHPQL�{knU}6RUTSJ\F���JmakL�abP�g�lML�FHG8lH��S� Z�lH}#_�RUP8lma|d�F]J]}6RUP8_�F3IKgwIKabP!}DL � FOL\F]JmN � � � ����� �B��� �5��� �¨}£��Z�L L � a|lcL�abNYF3IKl�lmZ[NOabP�gfL � I�L ��a|l�RhTL � FT9RUJmN "/�5� �BA�,+L � I�LcN�I]n�G�RUl\l\ab�[{kn©��FOl � I�J\F]d���akL � RhL � FHJ _�RUPwL�FH­QL'lH�O«XL\L\F]NOG�L�abP�g3L\RfJ\FAd�Z8_�F¥L � a|lL�F]JmN/L�R � FAIhd�P�RUJmNªIK{#T9RUJmN0abP¶I�lmakL\Z�I�L\abRUP�� � F]J\F3I�P�P[RhLtI�L�abRhP8l�IKJmF�P[RhL Z8lmFAd©�RhZ�{|d�JmFAlmZ�{kL�abPL � F G�JmR�d[Z�_�L\abRUP�RhTWL � FcL�FHJ\N "�� � �5���5� � ���)� �?��� � � � �BA �5�������)� �?��� ��,'}�abP�L � F G�J\R`_HF]l�l���JmF�IKËQabP�g�L � F�l � IKJmabP�gR�jwFHJ��t� �oPO_HRhPQL\J'IhlML]}U�yakL � L � FSZ8lmFyRhT�IKP[P�RKLtI�L\abRUP�l]}hL � FSgUakjUF]POlmZ8lmG�FHP8lmabRUP"L�F]JmN���ab{b{8��F+lmabNOG[{bab¡�F]dabNONOFAd�a�I�L\F]{kn�L�R��6IKP�d�L � FSlmZ[�8lmFA§wZ�F]PwL£J\FAd�Z8_tL�abRUP"RUT �!�yab{b{[��FSl � I�J\F]d��yakL � IK{b{`L � FXRhL � F]JW_HRhPQL�F�­`L�labPf� � a|_ � akL�a|lyZ�lmFAd��

«+P�RU�wj�abRhZ8l£§wZ�FAlML\abRUP�a|l£abT[L � F j�abJML�Z�F]l6RUT8IKP[P�RhL'I�L\abRUP8l£IKJ\FXJmF]{bFHjhIKPwL£L\R�J\F�I�{ba|lML�a|__�RUNOG[Z[LtI�L�abRhP8labP�RhZ�J � abg � FHJ r RUJ�d�F]J�{�IKP[gUZ�I�gUFh�6É�F�NOF]PwL�abRhP¥L��XR lmakL�Z8I�L�abRhP8l#abPO� � a|_ � L � FAlmF�_HRUZ[{|dO��F�RUT���F]P�FH¡[L]���PfL � F�¡�J\lmL�abP�lmL'IKP�_HFU}�Rh�8lmF]JMjwF�L � I�LyL � F lmZ[�8lML�akL\Z[L�abRhP8lSL � I�L�I�J\F _�RUNOG[Z[L\FAd3�QnªL � F � abg � FHJ r RUJ�d�F]JZ�P�ab¡�_AI�L�abRUP¢G�JmR�_HF]l\l"IKJmF*IK_�L�Z8IK{b{kn�_H{bRwlmF]d�abP¢L � F3lmF]P�lmFªd�a|l�_�Z8l\lmFAd����+RA�c}£abTyR�_H_HZ[J\J\FHP8_�FAl RhTL � FjUIKJma�IK�[{bFAlX��F]abP[g"l\Z[�8lML�akL\Z[L\FAd�T�RUJIKG�G�F�I�JFHN"��F]d�d�FAdY��akL � abP8* r J\F]d[F�­�FAlH}wL � FHP�L � F�G�JmRUG�I�gQI�L�abRUPªRhTJ\FAd�Z8_tL�abRUP�lmZ[�8lML�akL\Z[L�abRhP8l�RAjwF]J+abP�lMLtIKPwL�a�I�L�abRUP�l�RUT6L � FAlmFcjhIKJma�IK��{bF]l�_]IKP���F _AI�{|_HZ[{�I�L�F]dfL�Jmakj�a�IK{b{knf�QnZ[L�ab{bab�HabP�gYIKP[P�RhL'I�L\abRUP8lH�#«+lyI�P�RhL � FHJF�­�I�NOG�{bF�_HRUP�lma|d[F]JSI�* r J\F]d[F�­�RhT�L � F�T�RUJ\N " ¿3�5��,K�BAS� � F]JmF��BAa|l�Iª_H{bRUl\F]d�L�FHJ\N�IKl��XRUZ[{|d���F�L � F¥_AIKl\F�abT#L � a|l�L\F]J\N�IKG�G�F�I�J�l�lmL'I�L\a|_AIK{b{kn�I�L�L � F L\RUG r {bFHjUF]{¨� �� F_HRUPwL�J�Ih_�L\abRUPfRUTDL � a|lL�F]JmN n�abFH{|d�lyL � FclmZ8lmG�FHP8lmabRUP � � �5��� s � ~ �%"/��A � ~ ,X¦b¦ � �� � � � �� FcG�F]J�_�RU{�I�L�abRUPfRUTDL � Fl\Z[�8lML�akL\Z[L\abRUP¶RUT���A�RAjwFHJ�L � FflML�JmZ8_tL�Z�JmF3RUT3�?�"NOabg � L"FHjwFHPQL\Z�IK{b{kn¢{bF�IKd¹L\R�L � F3JmF]G[{�Ih_HFHNOF]PwL"RUT�I��RUZ[P8dYjhIKJ\a�I���{bF+abP8d[F�­Y�QnG��A��6ɬakL � J\FHT9FHJ\F]P�_HFyL�RcL � F�J\Z�{bF]l abP)�£abghZ�J\F v }QL � a|l JmF]G[{�Ih_HFHNOF]PwL��RhZ�{|dG�J\R`d[Z�_HF I�L�F]JmN RUT>L � FcT�RUJmN � � � A � ~ �?� ��� �� � � } �$9º $|}8I�L\F]J\N�L � I�L+_�RUJ\JmFAlmG�RhP8d[lSL�RG� A ��akL � I¥lmZ�akLtI���{bFJ\F]PQZ�N"��F]JmabP�g�RUT8abP8d�a|_HF]l�_�RUJmJ\FAlmG�RUP8d�abP�g�L�R�T9J\FHFjUI�J\a�IK�[{bFyR`_]_HZ[J\JmF]P8_�FAlH�Wz n�Z�L�ab{bab�HabP�g�L � FST¨Ih_tLWL � I�L�BAa|l ËQP�R��yPOL\R ��F�_H{bRUl\F]d�}wL � F�J\F]PQZ�N"��F]JmabP�g _]IKPO��F�F*��F]_�L\FAd¥L�J\akj`a�IK{b{knU� �8Z[JmL � F]JmNORUJmFU}UL � F���RUZ[P8d

v�s

Page 22:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

jUIKJma�IK�[{bF�L � I�L^��A�P�FHFAd[l L�R"��F�lmZ���lmL\akL�Z�L�FAd�T�RUJXNªI]nOR`_]_HZ[JabP3NORhJ\F+L � IKPªRUP[F�G�{�IK_HF��yakL � abP$�5�]� �oPL � a|l�_]IhlmF�L � F�Z8lmF¥RhT#L � FOI�P�P[RhLtI�L�abRhP©RhP0��A���ab{b{�I�{|lmR*��F¥JmFAlmG�RhP8lmab��{bF¥T�RUJ�L � F�G�J\F]lmF]JmjhI�L\abRUP�RUTXINOF�I�P�abP�ghT9Z[{!l � IKJmabP�gYRUG[G�RUJML�Z[P�akL�nU�

«L�IKP3F]NOG[abJ\a|_]IK{�{bF�jwF]{¨}`�F � I]jUF�RU��l\FHJmjUFAd�L � I�LL � F�Z�lmF�RhT6IKP[P�RhL'I�L\abRUP8lXn`abF]{|d[l�I�l\Z[�8lMLtI�PQL\a�IK{l\G�F]F]d[Z�G¥JmF]{�I�L�akjwFL�RcI�PYF�I�gUFHJ�IKG�G[J\RwIh_ � L\R�G�JmRUG�I�gQI�L�abP�g�JmFAd�Z8_�L\abRUPYl\Z[�8lML�akL\Z[L\abRUP8lH}KL � FSJmFAd�Z8_�L\abRUPabP<_HRhNOG�Z�LtI�L�abRUP¢L�abNOF3��FHabP�g©R�jUF]J !K~ �0abP<lmF�jwF]J�IK{S_AIKl\F]lH�¢É � ab{bF3L � F]JmF*a|lYlML�ab{b{�I�G8I]nUR��µT9JmRUNIKP�P[RhL'I�L�abRhP8lO� � F]Pµ{�IK�]abP[FAl\lªabP¯l\Z[�8lML�akL\Z[L\abRUPÊI�P8d<L � F�_HRhN"��abP8I�L�abRhPµRUT�l\Z[�8lML�akL\Z[L\abRUPµ�SIK{bË`l*Ihld[FAl\_�J\ab��F]dªabP�^QFA_�L\abRUP q � v IKJ\F�Z8lmFAd�}`L � F]l\F�I�G�G�FAIKJ L�R���F�RUTDIcN"Z8_ � lmNªI�{b{bF]JXË`abP�d�� �S� Z8lH}[_�F]JmL'IKabPRUG[L\abNOab��I�L�abRhP8l�l\FHF]N�L\RcR�jUF]J\{�I�GO��akL � RhL � F]J\lXIKP8d�I�G�J\F]_Ha|lmF�Z�P8d�F]J\lmL'IKP�d[abP�gcRUT�L � FAlmF�abPQL�FHJ'IK_�L�abRhP8la|lyP�FHFAd[F]d��

��� � ����� � �-,�� � ����� �)������� ��!#����%�$�� �������

«+P"a|l�lmZ[FSRhT8RU�wj�abRUZ�l£abNYG�RUJMLtI�P8_HFXa|l6L � FRhJ�d[FHJWabP�� � a|_ � jUI�J\abRUZ�l£RhG�FHJ'I�L\abRUP�l#IKJ\F L�R���Fy_]IKJ\JmabFAd�RUZ�LRUPYL\F]J\NOl]� �8JmRUN�L � FyG�FHJ�lmG�F]_�L\akjwFyRUT�Z[P�ab¡�_AI�L\abRUP�}wL � FyNªIKabPYJmFA§QZ[abJ\FHNOF]PwL�a|lWL � I�L�RUT�L�J�IKP8lmT�RUJ\NYabP�gL�F]JmN�lSabPwL�ROI"T9RhJ\N abP*� � a|_ � L � F � F�IKd*a|lyF�­�G�RwlmFAd�³[abP�G8IKJML�a|_HZ[{�IKJH}[L � F I�J\gUZ[NOF]PwL'lRhTDL�FHJ\N�lN�I]n��F3{bF]T�L"abP¶L � F3T�RUJ\N RUT�l\Z�lmG�F]P�lmabRUP8lH� �S� F*a|d�F�I�RUT � F�IKd r P[RUJmNªIK{ T9RUJmN�l � IKl"��F]FHP¶gUFHP�FHJ'IK{bab�HFAdL�RfL � F�lmZ8lmG�FHP8lmabRUP�P�RKLtI�L�abRUP¹IKP�d�akL�lcJ\FH{�I�L�abRhP8l � abG�L\R�L � F�_HRhPQjwFHPQL\abRUP�I�{�Z�P�d[FHJ�lMLtI�P8d[abP[g�RhTXL � a|lP�RhL\abRUP � IKlW��F]FHPYF�­�G�{bRhJ\F]dYabP � � s ��Ihl�I�G�JmF]{bZ8d�FSL�R�akL�lWZ8lmFyabPYZ�P[ab¡8_]I�L�abRhP!�W«L IKPYabNOG�{bFHNOF]PwLtI�L�abRUP{bFHjwFH{¨}�I¥lML�J�I�L\F]ghnªL � I�L�NOabg � L���F�Z�l\F]dfa|lyRUP�F�L � I�L�G�J\R`d[Z�_HFAlL � F]lmF � F�IKdfP�RhJ\NªI�{�T9RUJmN�lSRUP[{kn*RUPd[F]N�IKP8d�IKP�d�L � I�L�d[RQFAl+L � a|l��Qn�JmF]G�FAI�L\FAd[{kn�J\FH�yJ\akL\abP�gªL � F�{bF]T�L\NORwlML]}�RUZ�L�FHJ\NORUlmL�JmFAd�FH­�JmF]{�I�L\akjwFL�R�L � F JmZ�{bFAl+abP �6abgUZ�JmF v L�ab{b{£lmZ�_ � L�abNYFcL � I�L�IKP�I�L�RhNOa|_ � F�IKd�a|l+J\F�jwFAIK{bFAd�}�G�Rwl\lmab��{kn�FHN"��F]d�d�FAdZ�P8d�F]JYlmRUNYFfIK��lmL\J'IK_�L�abRhP8lH� �� a|l¥lmL\J'I�L�F]gKn¹a|lYIKP·Rh�Qj�abRhZ8l"gUF]P[F]J�IK{bab��I�L�abRhP.RUTyL � F*RhP�F*Z�l\F]d¶T9RhJJ\FH�yJ\akL\abP�gY* r JmFAd[F�­�F]l�L�RA�yI�J�d�l G�J\R`d[Z�_HabP�g � F�Ihd�P[RUJ\N�IK{�T9RhJ\N�l�abPªL � F�Z�l\Z8IK{�l\F�L\L\abP�g¥IKP�d*I�{|lmR � IhlG�J'IK_�L\a|_AIK{�Ihd`jUIKPwLtI�gUFAlH¦�akLcG[J\R�j`a|d[F]l�L � F¥�8Ihlma|l�T9RUJ�d[FH{�I]n�abP[g�lmZ���lML�akL�Z�L�abRhP©�yI�{bË�lcIhl�d�a|l�_�Z8l\lmFAd�abP^`FA_tL�abRhP q � v IKP�dªL � F�d[a���F]J\FHPQLyG�Rwl\lmab��ab{bakL�abF]lST9RUJS_HRhN"��abP[abP�g�L�FHJ\N L�J'IHjwFHJ�l�IK{|lSd[Z�JmabP�gYlmZ���lML�akL�Z�L�abRhPIKP8d3L � F Ihd�±MZ8lML�NYF]PQLSRUT6abP8d[a|_�FAlyG�JmFAlmF]PwL�L � FHN�lmF]{kjwF]l��akL � abP�akL�IhlS�XF]{b{ r d�F]¡[P�FAdf_ � Rha|_HF]l���FHL��XF]FHPJ\FH�yJ\akL\FSJ\Z�{bF]l�I�G�G�{ba|_]IK�[{bF�I�LWL � Fyl�I�NOF L�abNOFh�DÉ�Fyd�a|l\_HZ8l\l6L � FJ\F�I�{bab��I�L�abRUP¥RhT8L � a|l#I�G�G�JmRQIK_ � ��akL � abPL � F�¸8º�»M¼t½`¾Xlmn�lML�F]N�T9Z[JmL � F]JSabP�^QFA_tL�abRUP��`� s �

«+P[RhL � F]J�a|l\l\Z[FcL\R�_HRhP8lma|d[FHJ+a|ly� � FHL � F]JyL\R�abNYG�{bF]NYF]PQLyL � FcJmFH��JmakL�abP[g�RUT6L�F]JmN�lyabP�IOd�FAlML�JmZ8_ rL�akjwF¥RhJ�P�RhP r d�FAlML�JmZ8_tL�akjwF�NªIKP[P�F]JH� � R3Z�P�d[F]J\lMLtIKP�d�L � F"L\J'Ihd�F]R���l�abPQjURU{kjUFAd�}!{bF�L�Z8l�_HRhP8lma|d[FHJ�L � FJ\FAd�Z8_tL�abRUP�RUTWL � F L�FHJ\N/¿ " " " ¿3� � ,K� A ,K� � ,t}�abP�� � a|_ � � � } � A IKP8d@� � IKJ\F¥I�J\��akL\J'I�Jmn�L\F]J\NOl]}�L\R � F�IKdP�RUJmNªIK{8T9RhJ\N��£«+PQL\a|_HabG8I�L�abP[g¥Icd[a|l\_HZ�l�lmabRhP�RUT�abPQL\F]JmP�IK{�JmF]G[J\FAlmFHPQLtI�L�abRhP8lH}Q�XF+NªI]nYd[FHG�a|_�L L�FHJ\N�l#�QngUJ'I�G � a|_AIK{�lML�JmZ8_�L\Z�JmFAlH�#eXIK_ � L\F]JmN�abPfl\Z�_ � I�JmF]G[J\FAlmFHPQLtI�L�abRhPªL�J�IKP8lm{�I�L�FAl L�RYI P�R�d�F�{�I���FH{b{bFAd3�yakL �akL'l¥_AI�L�FHgURUJMn·I�P8d¶_HRhPQLtI�abP�abP[g©akL�l"¡[­�F]d¶{bFHP�gKL � G�IKJML'l¥IKP�d¶G�RUabPQL\F]J\l�L�R�J\F]{bF�jUI�PQLYl\Z[�[L\F]J\NOl¥I�P8dF]PQj`abJ\RhP�NOFHPQL'lH�W«�l\lmZ�NOabP[gYlmZ8_ � I j`a|lmZ�IK{bab�AI�L\abRUP!}�L � F�abPQL�FHJ\P8IK{!lML�JmZ8_�L\Z�JmF�RUT>L � F�L�FHJ\N RhTDabPQL\F]J\F]lMLNªI]n¥��F+l � RA��PO�Qn"L � F�gUJ�IKG � abPYL � F+{bFHT�L � IK{bT�RUT �£abghZ�J\F ���£�+R���}QL � a|l#L�FHJ\N � IKlXI�* r JmFAd�FH­�}wgUakjUF]P�Qn"L � F�l\Z[�[L\F]J\N " ¿ � � ,K� A }wL � I�L � IhlWL�Rc��F * r _�RUPQL\J'IK_�L�F]d¥abP�G[J\R�d�Z8_�abP�g"I � F�Ihd r P[RUJ\N�IK{�T�RUJmN�� ��T!Id[FAlML\J\Z8_tL�akjUF�abNOG[{bF]NOFHPQLtI�L�abRhPORUT�J\FAd�Z8_tL�abRUP�a|l Z8lmFAd�}`L � FHPOL � a|l JmFH��JmakL�abP[g¥lML�F]GO�yab{b{���F�F���F]_�L�F]dO�QnJ\F]G[{�Ih_�abP�g¥L � F�* r JmFAd[F�­ªabPfG[{�Ih_HF��Qn�L � F�L�FHJ\N � � � � � s � ~ �%" �BA�� ~ ,X¦b¦ � � � � ��� �S� F�_HRhP8lmFA§wZ�F]P�_HF]lRUT>L � a|l

� +�,.-O24-BQ.24-BF�-I<DC�:SC�E736<R36L G.E�� -I24-B<DC��DE7<.G.F�36L�C�-B24WRF�86-B<.-B2�:=575KP924-B\D>.E724-OG.E�� -B24-B<@Ce:=W�36>.<@C�F�36LZF�Q?:=AB-OE7<�:6<9AB36<.AB24-IC�-24-$:=57E$:SC�E736<�T a <�C�,.E7F_A$:=F�-6b :�G.-BF4C�24>.AIC�E HD-0A�,?:6<.86-0W :BP�nZ-9:=A�,.E7-IH@-BG n@P`>.F�E7<.8):�F�Q�-BABE;:=5��YE7<.G�36L C�-I24W C�,?:SC�F�-I2�HD-IF

vhv

Page 23:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

~

�1� �

��/0

��� �

��/0

�?�

�1� �

�BA

�5�¾�½�¾%�

� �

��/0

" � s � ~ � ,

�£abghZ�JmF �`¦���RUP r d[F]lmL\J\Z�_�L�akjUF�JmFAd[Z�_�L\abRUPfRUTD{�IKN"��d8I L�FHJ\N�l

J\F]G[{�Ih_�F]NOFHPQL��ab{b{!��F�T9F]{kLyabNYNOFAd�a�I�L�FH{knªabP�IK{b{�G�{�Ih_�FAl� � F]JmF�L � F�* r JmFAd�FH­*IKG[G�FAIKJ�l�IKl�I¥lmZ[�[L�FHJ\N����T�L � F3* r _HRhPQL�J�Ih_tL�abRUPYa|l d�RUP�FyP�RUP r d�FAlML�JmZ8_�L\akjwFH{knw}wRUPYL � FyRhL � F]J � IKP�d�}UL � F+lmZ���L�F]JmN��RhZ�{|dY��F�{bF]T�LabPQLtIK_�L�IKP�d�I"P�F���l\Z[�[L\F]J\N RhTDL � F�T9RUJmN � � � � � s � ~ � "/�BA�� ~ ,X¦b¦ � � , � ���XRUZ�{|d*��F�G�JmR�d[Z�_HF]d�� � RYRU�[L'IKabPL � FyF���FA_tL�RhT�L � a|l#J\F���JmakL�abP�gclmL\F]G¥abPYL � FSR�jwFHJ'I�{b{�_�RUPwL�FH­QLA}UakL#�RhZ�{|dYP[R��<��FSP�FA_�FAl\l�IKJMn�L�R�_HRhGQn�L � FlmL\J\Z�_�L�Z[J\F RUTWL � F L�FHJ\N ��akL � abP�� � a|_ � L � F * r J\FAd�FH­fa|l�F]N"��FAd[d[FAd�� �S� Z8lH}!IOP�RhP r d�FAlML�JmZ8_tL�akjwF abN rG�{bF]NYF]PQL'I�L\abRUP"RUT8L � F^* r _�RUPwL�J'IK_�L\abRUP"RUG�FHJ'I�L�abRUP"�XRUZ[{|d¥FHjUF]PwL�Z�I�{b{kn � I]jwFL\R�G�JmR�d[Z�_HFL � FylML�JmZ8_�L\Z�JmFl � R��yP�abP*L � F�Jmabg � L � IK{bT6RUT �£abghZ�JmF ���

zSIKlmFAd¥RhP¥L � F+I���R�jUFyZ�P8d�F]J\lmL'IKP�d[abP�g[}`I�d[F]lmL\J\Z�_�L�akjUFyabNOG�{bFHNOF]PwLtI�L\abRUPYIKG[G�F�I�J�lWL\R���F+IKPYRU�wj�a rRUZ8lX_ � Rha|_HF�abPfI _HRhPQL\FH­`LX� � F]JmF�l\Z�_ � J\F]d[Z�_�L�abRhPªa|lSd�FHL�FHJ\NOabP[a|lML�a|_h} �$�º%$b}`� � FHJ\F�T9Z�L�Z�JmF�FHjwFHPQL�lXN�I]nP�RhL£JmFA§QZ[abJ\FXJ\F���JmakL�abP�g�lmL\F]G�l>L�R+��FXZ�P�d[RhP�FU� �S� FabP r G[{�Ih_HFXJmF]G�{�IK_HFHNOF]PwL6Rh�Qj�a�I�L�F]lWI+_�RUGQn`abP�g�RUT�L � FF]N"��FAd�d�abP�gY_�RUPQL\FH­QLA}�I¥_HRhNOG�Z�LtI�L�abRUP3L � I�LyRU�Qj`abRUZ�l\{kn3_HRhP8lmZ�NOF]lXL�abNOFcI�P8d*l\G8Ih_�FU� ��Z�JmL � FHJ\NORhJ\FU}akL#a|l£RUP�{kn�lmZ8_ � I+J\FHG�{�Ih_�F]NOFHPQL6L � I�L�IKd[NOakL�l£RhT�IKPwn�G�Rwl\lmab��ab{bakLon�RUT�l � IKJmabP�g�abP¥J\FAd�Z8_tL�abRUP�³UL � FF*��FA_tLRUT�J\F]G[{�Ih_�abP�g)" ¿3� � ,W�BA ��akL � � � � � � s � ~ �%" �BA�� ~ ,X¦b¦ � � � �8��ab{b{8��F�T9FH{kL abP�RhL � F]J�_HRUPwL�F�­`L'l#RUP[{knYabT�L � FyL�FHJ\Na|l�_ � IKP�ghFAd3G � n[lma|_]IK{b{knfI�LSL � F�G[{�Ih_�F�� � F]JmF�L � FAlmF�G�RhabPQLSL�R��#«�P[RUP r d[F]lmL\J\Z�_�L�akjUF�abNOG�{bFHNOF]PwLtI�L�abRUPIh_�L\Z�I�{b{kn � IhlYIKP·Ihd�d�akL�abRhP�IK{S_HRUlML"L � I�L¥a|l"abP � ab��akL\abP�g[�·V RUP8lma|d�F]J]}#T9RUJ�abP8lMLtI�P8_HFh} IKP.I�L\L\F]NOG�L�L\R� F�IKd r P�RUJmNªIK{bab�HF3I*L\F]JmN0L � I�L�a|l�IK{bJ\FAIhd`n�abP � F�IKd r P[RUJmNªIK{#T9RhJ\N�³#lmZ�_ � I�_HRhNOG�Z�LtI�L�abRUP�NªIHn©��FP�F]F]d[F]dOabT�L � F+abPwL�FHPQL a|l L\R"IK_]_�FAl\l#L � F � F�IKdOP[RUJmNªIK{8T�RUJmN RUT!IKP3I�J\�[akL�J'I�Jmn¥L�F]JmN�}`Icl\akL\Z�I�L�abRUPOL � I�LIKJ\a|lmF]l�P�I�L\Z�J�IK{b{kn�abP�RUZ[J�{bRhgUa|_�G�J\RhgUJ�IKNONOabP[g3lmFHLmL�abP[g�� ^`abP�_HF¥_HRhGQn�abP[g3RUT�lmL\J\Z�_�L�Z[J\F"a|l�P�FHFAd�FAd�abP:6FM:�� 24-BLN-B24-B<.AB-�� � C�,Y>.FBb.C�,.-0:=Q.Q.57E7A$:SC�E736<�AB-B5K5XAB362424-BF4QZ36<.G.E7<.8RC�39C�,.-�� 24-BG.-���W�:$P)nZ-]Ah,?:=<.86-BG`E7<DC�3�:R24-IL -I24-B<.AB-VC�3:9<.-I[M5 PAB24-$:SC�-BG�F�>.F4QZ-I<.F�E736<C�-I24W`T

v �

Page 24:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

l\RhNOF�_AIKlmFAlH}�I�P8IKakjUF"abNYG�{bF]NYF]PQL'I�L\abRUP�NOabg � L�lmabNOG�{knfJ\FHG�{ba|_AI�L�F�L � F�lmL\J\Z�_�L�Z[J\F�RUT£L � F�L\F]JmN F�jwFHP� � FHP¹akL'l"lmZ��[G�I�JmL'l"I�J\FªZ�P�_ � I�P�ghFAd���Ì+RA�FHjUF]JH}£L � a|l a|l�Z�P�d[FAlmabJ�IK��{bFh¦�I�NOFHJ\F / {bRQRUË r Z�G 0£l � RhZ�{|dP�RhL�_]IKZ�l\FcI�P[FH� lML�JmZ8_tL�Z�JmF�L�R¥��F�_HJ\FAI�L\FAd�� �� a|lSË`abP�d*RhT£I"_HRUGwn�abP[gY_AIKP*��FcI]jURUa|d[F]d3�QnªG[Z[L\L\abP�gFH­�G[{ba|_HakL"_ � F]_'Ë`lcabPwL�R�L � F�P[RUJmNªIK{bab�AI�L�abRhP¢G[J\R`_HFAd�Z�JmFOL�R�d[FHL\F]JmNOabP�FY� � FHP¹_HRUGwn�abP[g�a|lcP�FA_�FAl\l�IKJMnw��S� a|lSabP8_HZ[J�l+I�L\abNOF�G�FHP�IK{kLonªL � I�L�d[RQFAlyP[RhL�I�J\a|lmF�abP�I¥d[F]lML�J\Z�_�L\akjwF�abNYG�{bF]NYF]PQL'I�L\abRUP!�

¤�Z�J"abPQL�FHJ\F]lmLYa|lH}�RUT+_HRhZ�J�lmFh} F�jwF]PwL�Z8IK{b{kn¹abP<I�_HRhPQL\FH­`L"� � F]JmF*��Ih_�ËQL\J'Ih_�Ë`abP[g©R�jwFHJ¥JmFAd�Z8_�L\abRUP_HRUNYG�Z[L'I�L\abRUP8lcN�I]n©��FªP[FA_�FAl\l�IKJmnU��«�l"I�lmG�F]_Hab¡�_OFH­�I�NOG�{bFh}WI+* r J\FAd�FH­�NªIHn�N�IKP�abT�FAlML akL�l\FH{bTyabPI¶L\F]JmN Ihl�I¶J\F]lmZ�{kL�RhT¥I¶l\Z[�8lML�akL\Z[L\abRUP T�RUJ�I¶jhIKJma�IK��{bF©L � I�LfNªI]n � IHjwF�L�R.��F©J\F]G�F�I�{bFAd I�L�I{�I�L�FHJªG�RUabPwLA� �oPµL � a|lªlmakL�Z8I�L\abRUP!}+I¹d�FAlML�JmZ8_tL�akjwF�abNOG�{bFHNOF]PwLtI�L�abRUP � IKl�L � F�d[J'IH���8Ih_'Ë·L � I�L�L � FabP r G[{�Ih_�F�_ � I�P�gUF]l¥NªI]n � I]jUF*L\R���F*L�J'I�ab{bFAd¶L�R�T°Ih_Hab{bakL'I�L\F�I�lmZ��8lmF]§QZ�FHPQLYJ\FAlmF�L\L�abP[g�RhT�lML'I�L�Fh�<«abPQL�FHJ\F]lmL\abP�g*G�RUabPwL�L�R*P[RhL�F¥a|l�L � I�L�L � F¥T�RUJ\N�RUT�L\J'IKab{babP[g*L � I�L�a|l�P[F]FAd�FAd � F]J\F¥a|l�RhP�F"L � I�Lcl�I]jUFAlRU{|d�jUI�{bZ�F]lcRUTS_HF]{b{|l�IKP�d�P[RhL�l\abNYG�{kn�L � FOG�RUabPwL�FHJ�l�L�R�I��FA_tL�FAd�_HFH{b{|l�IhlcabP¹_�RUPQjUF]PwL�abRUP8IK{X²WJ\Rh{bRUgabNOG�{bFHNOF]PwLtI�L\abRUP�l]� �S� F�F]ÀO_HabFHP8_�nfRhT�lmZ8_ � IKP�abNYG�{bF]NYF]PQL'I�L\abRUP�_AIKP�RU�wj�abRUZ�lm{kn���F�abNOG�JmR�jwF]d��QnNOFA_ � IKP[a|lmN�lXL � I�L+d[F�L�F]_�LyJ\F]d[Z[P8d8I�P8_tn3abP*L�J�IKab{babP�g[� �S� FclmabNOG[{bFAlMLyNOFHL � R`dªL � I�L�_AI�Pf��F�Z8lmFAd3T9RhJL � a|lSG[Z�J\G�RwlmF�a|lSRhP�F�L � I�L�_�RUNOG8IKJ\F]lXL � F�{bR�_AI�L�abRhP�abP � FAIKG*RUT>L � F�L�F]JmN ��F]abP�gY_ � IKP�ghFAdª�yakL � L � FNORwlML�JmFA_�F]PQL � F�I�G���Ih_�ËQL\J'Ih_�Ë�G�RhabPQL�L\R*d[F]_Ha|d�F�L � F"P[FA_�FAl\lmakL�n�T9RhJ�L�J�IKab{babP�g[��VXRUPwL�JmRU{b{bFAd�T9RhJ\N�l+RhTF�IKghF]JmP�FAl\lyL � I�L�G[Z8l � P�F]_HF]l�l�I�Jmn*J\FH�yJ\akL\abP�g3lML�F]G�lyL�R���F]T9RhJ\FcL � F l\F�L\L\abP�g�Z�G�RhT#_ � RUa|_HF G�RUabPwL'l�I�J\FIK{|lmR"Z8lmFHT9Z�{¨�#«�P�RKL � FHJyIhlmG�FA_�LXL � I�L��F�IKJ\lS_]IKJmF]T9Z[{�abPwjwFAlML\abgQI�L\abRUP3a|l L � F�G�RUl\l\ab�[ab{bakL�n�RUT>_HRhNONOakLmL�abP�gL�R � F�I�G¢I*_AIKl�_]Ihd�F¥RUTXJmFAd�Z8_�L\abRUP�lmL\F]G�l]}>lmZ8_ � IKl�L � RUl\FY_HRhJ\J\F]lmG�RUP�d[abP[g*L�R�I8* r _�RUPQL\J'IK_�L�abRhP�I�P8dL � FyG[J\RUG8IKgwI�L�abRhPORUT�L � F�lmZ��8lML\akL�Z[L\abRUPYakL ghF]P�FHJ'I�L�FAlH}wRhP�{knOI�L#L � FSjUF]Jmn"FHP8d�}UL � F]JmF]�Qn"Rh�Qj�a�I�L�abP[g�L � FJ\FHL\J'IK_�L�abRhPªRUT!abPwL�FHJ\NOF]d[a�I�L\F�lML�FHG8lH� �� F�G�JmFAlmF]PwLjUF]J\l\abRhPªRhT!L � F�¸8º�»M¼t½�¾#lMn�lmL\F]N®F]NOG[{bR�n[lXIcgUJ'I�G ���IhlmF]d�}>d[F]lmL\J\Z�_�L�akjUF¥abNYG�{bF]NYF]PQL'I�L\abRUP�RhT J\FAd�Z8_tL�abRUP�I�P8d�}6IKl�lmZ8_ � }!G�JmR�j`a|d[FAl�IKP©F���FA_tL�akjUF"jwF � a|_H{bFT9RUJyF�­�G�FHJ\abNOFHPQL\abP�g"��akL � L � F]lmF�jUI�J\abRhZ8lyG�Rwl\lmab��ab{bakL�abF]lH�

�S� FfabNOG[{bF]NOFHPQLtI�L�abRhP·RUT�{bRhgUa|_*G�JmRUghJ'IKNYNOabP�g�{�IKP[gUZ�I�gUF]l � IHjwFU} abP·L � F*G�IKlmL]}_�RUP8lma|d�F]J¥L��XRd[a���FHJ\FHPQL�NOFHL � R`d�l£T9RhJWL � FL�JmF�I�L\NOF]PwL#RhT�L\F]J\NOl�IKG[G�FAIKJ\abP[g�abPOG[J\RhgUJ'I�N�_H{�IKZ�lmFAlH� ��P"L � F�lML�JmZ8_�L\Z�JmFl � IKJmabP�g�I�G�G[J\RQIK_ � }�L � F]lmFcI�J\F�J\FHG�JmFAlmF]PwL�FAdfIKl�I"_�RUN"�[abP�I�L\abRUP3RUT£I�¡�­�FAd*lML\J\Z8_tL�Z[J\F�IKP8d3��abP�d[abP�gUlT9RUJ+jUIKJma�IK�[{bFAl�� qUq � � �oP�L � F�NORhJ\F G�RUG[Z�{�I�J�lML�JmZ8_tL�Z�JmF"_HRUGwn�abP[gfI�G�G[J\RQIK_ � }�FHPQL�abJmF]{kn�P[FH��_HRhG�abF]l�RhTL � F]lmF�L\F]J\NOl IKJmF�_HJ\FAI�L\FAd¥L � J\RhZ�g � _HRUNYG�ab{bFAdY_HR�d�F+abP�FAIh_ � abP�lmL'IKP�_HF�RUT�Z8lmF � q �%� � �� F+d[FAlML\J\Z8_tL�akjUFabNOG�{bFHNOF]PwLtI�L\abRUP�RUT�J\F]d[Z�_�L�abRhP©a|l�_�RUNOG8I�L\ab��{bF"RhP�{kn���akL � L � a|l�lmL\J\Z�_�L�Z[J\F¥_�RUGwn�abP�gfIKG[G�JmRQIh_ � I�P8d�F�L � F]J\FHT9RhJ\F IKl\l\Z[NOF�akL'lSZ8lmF�abPf{�I�L�FHJ�lmFA_tL�abRhP8lH�

����� � ��� ���*��� , ��� ����� � � ��� �)�������

�S� F ¡[P�I�{>a|l\l\Z[FcL � I�L��F _HRhP8lma|d[FHJ+a|lyL � F�{bR�� r {bFHjUF]{>J\F]G[J\F]l\FHPQL'I�L�abRhP�RUT6L�FHJ\N�lL � I�L+F]N���R�d�abFAlSL � FjUIKJmabRUZ�l�NYFA_ � IKP[a|l\NOl+L � I�L��F � IHjwFYd[F]l\_HJ\ab��FAd�� �� F¥NORUlmL�P�I�L�Z[J'IK{#lmZ�_ � F]P�_HR`d[abP�g*a|l�RUP�F"L � I�LZ8lmFAlcI*_HFH{b{���F�I�J\abP�g�I�LtIKg*L � I�L�abP8d�a|_AI�L\FAl�L � F¥J\F]{bF�jUI�PQL lMn�PQL'Ih_tL�a|_Y_]I�L\F]gURhJmn�T9RUJ�F�IK_ � L\F]JmN I�P8dL � I�LXa|l _HRhNOG�{bFHNOF]PwL�FAd"�wn�Ihd[d[akL�abRhP�I�{�_�F]{b{|lX_�RUPwLtIKabP[abP�gcabP�T�RUJ\N�I�L�abRhP3I���RhZ[L T9Z�JML � F]J _�RUNOG�RUP�FHPQL�l]���PfL � F _]IhlmF�L � I�L�L � Fcd[F]G�F]P�d[F]P�_�n�I�P�P[RhLtI�L�abRhP8l�d�a|l�_�Z8l\lmFAdfabP�^`FA_tL�abRhP q � �OIKJmFcZ8lmFAd�}�akL+a|l���F]lmL�abTL � F�abP�T9RhJ\NªI�L�abRhP�L � FHn�G[J\RAj�a|d[F"_AIKP©IK{|lmRª��FYIK_]_HF]l\l\F]d�abP8d[FHG�FHP8d[FHPQL\{kn�RUTWL � F L�F]JmN�_AI�L�FHgURUJMnw� �oPL � F�FHN"Z�{�I�L�RUJ+Z�P�d[F]Jm{kn�abP[gªL � F¢¸8º�»M¼'½�¾SabNOG�{bFHNOF]PwLtI�L�abRUP�}8L � a|l�G�Z[J\G�RUlmF"a|l�Ih_ � abFHjUFAd��Qn�J\F]lmF]Jmj`abP�gL � F�{bR�� r F]P�d*��akL�RUT>L � F�LtI�gY��FAIKJmabP�gO_HFH{b{>T�RUJL � F]lmF IKP[P�RKLtI�L\abRUP�l]�

�S� FYabP�T�RUJmNªI�L\abRUP�L � I�L�P�F]F]d�l�L�Rf��FYG[J\R�j`a|d[F]d�abP¢IKd�d[akL\abRUP©L�R3L � F"L�F]JmN/_AI�L\F]ghRUJmn�d�F]G�F]P8d[lH}RUT£_HRhZ�J�lmFh}8RhPfL � Fc_AI�L\F]ghRUJmn3RhT6L � F�L�FHJ\N�� �oT6L � a|lya|l+IY_�RUP8lML'IKPQLyRUJ�I"��RUZ�P�d*jUI�J\a�I���{bFU}�IK{b{�L � I�L�a|l

v�q

Page 25:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

P�F]F]d[F]d�a|l�IOG�RUabPQL\F]J�L�R�L � F�d[FAl\_�J\abG[L\RUJ+T9RUJ�L � F�_HRUP�lMLtIKPwL�RUJ�L � F abP8d�FH­�}�I�P8d�L � a|l�_AI�P���F�T9Rh{|d[F]dabPQL�R3L � F¥_HFH{b{W��F�I�J\abP[g3L � F�LtI�g�� �oP�L � F¥_AIKlmF¥RhTIª{bRhgUa|_�jUI�J\a�I���{bF¥L � I�L�a|l�Ihl�nwF�L�Z[P�abP�lmL'IKPwL�a�I�L\FAd�}L � F�_HRhPQL�FHPQL�lRUT>L � F�_HFH{b{DIKJmF�Z�P[abNOG�RhJmLtI�PQL+I�P8dªL � F�abP�lmL'IKPwL�a�I�L\abRUP*RhT6l\Z�_ � I jUIKJma�IK�[{bFca|lSJmF�IK{bab�HFAd�Qn*_ � I�P�gUabP[g¥L � F�_HRhPQL\F]PQL�lRUT>L � a|ly_HFH{b{�L�RO_�RUJmJ\FAlmG�RUP8dªL\R¥RUP[F�RUT>L � F�RKL � FHJSL\F]J\N _AI�L�F]ghRUJmabFAlH�#«+PIK�8lML\J'Ih_tL�abRhP�_�F]{b{>N"Z8lML+_HRhPQLtI�abP�I¥G�RhabPQL\F]JyL�RYL � F���R�d`nfRhT£L � F�IK��lmL\J'IK_�L�abRhP!�S« lmZ8lmG�FHP8lmabRUPfL�FHJ\NJ\FA§wZ�abJmFAlSL � F�NªIKabPwL�FHP�IKP�_HF�RhT£akL�lL��RYabP�d[a|_HF]lH}�I"G�RUabPQL\F]JSL�R¥L � FclmËUF]{bF�LtI�{�L�F]JmN IKP�d�I¥G�RUabPwL�F]JSL\RakL'l+F]Pwj�abJ\RhP�NOFHPQL]�y«+P�FHPQj`abJ\RUP[NOF]PwL�_]IKP���F J\F]G[J\F]l\FHPQL\FAd�Ihl�IY{ba|lML�IKP8d�}�abP�L � a|l�T9RhJ\N�}�Ihd�NOakL'l�RhT_HRUP�lma|d[F]J�IK�[{bF l � IKJ\abP[g�� ��RUJyF�­�I�NOG�{bFh}�_HRUP�lma|d[F]JL � FclmZ8lmG�FHP8lmabRUP� � "/�?� � v � ~ � "�� � �BA�� s � ~ � "/� � � ~ , ¦|¦ � � � � � ~ ,X¦|¦ " � � � ~ ,X¦|¦ � �� , � �

L � I�LfIKJ\a|lmF]lªabPµL � F�_�RUZ�J\lmF�RUT�P[RUJ\N�IK{bab�]abP[g¢L � F�L�FHJ\N " ¿ " ¿ �?��,K��A�,K� � � �� F�¡�P8IK{+G�IKJML3RUT�L � FF]PQj`abJ\RhP�NOFHPQLORhT+L � FfRAjwF]J�IK{b{SL�FHJ\N ghakjwFHP<�wn "/� � � ~ ,*¦|¦ � �� �I�P8d·L � FfF]Pwj�abJ\RhP�NOFHPQLYRhT�L � F*L�FHJ\N� � �BA � s � ~ �%"/� � � ~ , ¦|¦ � � � ��IKJma|lmFT9JmRUN�L � FSl�IKNYFlmRUZ[J�_HFSIKP8d�_AIKP L � FHJ\FHT9RUJmFX��FJmF]G�JmFAlmF]PwL�F]d¥Ihl6G�RUabPwL�F]J\lL�R¥L � Fcl�IKNOF�lML�JmZ8_�L\Z�JmFU�

�S� FOJmF]G[J\FAlmFHPQLtI�L�abRhP�RhT L � FY¡[P�IK{�_]I�L�FHgURhJmn�RhT L�F]JmN�lH}>P�I�NOF]{knU}6IKG[G�{ba|_]I�L�abRhP8lH}DJ\F]§QZ[abJ\FAl�NORhJ\F_AIKJmFU� �� F¥NORwlML�P8I�L�Z[J'I�{¨}6IKP�d�G�F]J � I�G8l�L � FY_�RUP8_�F]G�L�Z�I�{b{kn©_�{bF�IKJmFAlMLA}>IKG[G�J\RwIh_ � a|l�L\R*Z[L\ab{bab�]F¥L � F_HZ�JmJ\abF]d¯lML�JmZ8_�L\Z�JmFU}SJ\FHP8d�F]J\abP[g¹FAIh_ � I�G�G[{ba|_AI�L\abRUPµabPQL�R¶I�G8IKabJ�RUT�G�RhabPQL\F]J�lYL�R¢akL�lªT�Z�P�_�L�abRhP¬I�P8dIKJ\ghZ�NOFHPQLDG8IKJML'lH�£i�P�T9RhJmL\Z�P�I�L�FH{knw}�L � a|lDË`abP�d RhT[JmF]P8d�akL�abRhP�abP8_�Z�J\lWI � abg � _�RwlML6abPcL � F NORwlML6_�RUNONORhPT9RUJmN RUT�Ih_H_HF]l�lyL�ROL�F]JmN�lH� �S� F�Rh��±mF]_�L\akjwFc��akL � L�F]JmN�l�a|l�L�n`G�a|_AI�{b{knfL�RªghFHL+L�ROL � F � F�Ihd[l+RhTWL � F]abJ� F�IKd�P�RhJ\NªI�{>T9RhJ\N�lH� �8Z[JmL � F]JH}�RUG�FHJ'I�L�abRUP�l+lmZ8_ � IKlyL�FHJ\N lmabNOG�{bab¡�_AI�L�abRUP�abP�Z[P�ab¡�_AI�L\abRUP�I�J\F ��F]lMLJ\F�I�{bab�]F]d¢abTSL � F3I�J\gUZ[NOF]PwL'l�abP·I � F�Ihd�P[RUJmNªIK{�T9RhJ\N IKJmF3I]jhIKab{�IK�[{bF*Ihl"I*jUFA_tL�RUJH��^`Z�G[G�RUl\FOL � I�L�F � I]jwF�I�L�FHJ\N L � I�LªI�L�_�RUNOG[ab{bFfL\abNOF � Ihl¥L � FflmL\J\Z�_�L�Z[J\F�¿(������¿ "��$�?�������B� � ,t� �oT�I�_�Z�J\JmabFAdJ\F]G[J\F]l\FHPQL'I�L�abRhPYa|l�Z�l\F]d¥T9RUJWL � a|lWL\F]J\Nf}M��IKG[G�{ba|_AI�L�abRhP8lW��ab{b{ � I]jwFSL\Rc��FSL�J'IHjwFHJ�lmFAd¥��FHT9RhJ\FSL � F � F�IKda|l#JmF�IK_ � F]dYIKP�dOI+jwF]_�L\RUJWRUT�I�J\ghZ�NOFHPQL'l6�yab{b{�I�{|l\R � IHjwFL�R���FSFH­`G�{ba|_HakL\{kn¥_HRUP�lML�J\Z�_�L\FAd"abP¥L � Fy_�RUZ�J\lmFRUTDL � a|l�d�FAl\_HFHPQLyZ[P8d[FHJ+IKG�G[{ba|_AI�L�abRUP�lML�JmZ8_tL�Z�JmFU�

«+P�IK{kL\F]J\P8I�L\akjwFcF]P8_�R�d�abP�gORhT�I�G�G�{ba|_]I�L\abRUPfL � I�L�a|l�JmF]NOabP[a|l\_HF]PwL�RUT6L � F�L�J\FAI�L\NOF]PwL�RUTDL�F]JmN�lyabP_HRUPwjwFHPQL�abRhP�I�{�{bRUgha|_+G�J\RhgUJ�IKNONOabP[g abNOG�{bFHNOF]PwLtI�L�abRUP�l�a|l�L�R L�J�IKP8lm{�I�L�F�akLabPwL�R¥I lML�JmZ8_tL�Z�JmF�_�RUPQL'IKabP rabP�gfL � JmF]F�_�RUNOG�RUP[F]PQL�lH¦�I*T9Z[P8_tL�abRUP�G�IKJMLA}£IfG�RUabPQL\F]J�L\R�I hº ��� �/��RhTyIKJmgUZ�NYF]PQL�lcIKP8d¢IKP / IKJmakL�n�0L � I�L�abP8d�a|_AI�L\FAl�L � FYlmab�HF¥RUT�L � FOIKJmgUZ�NYF]PQL�l�jUFA_tL�RUJH�Y^`Z8_ � I3JmF]G�JmFAlmF]PwLtI�L�abRUP � IKl�F]l\G�FA_�a�IK{b{kn�P[a|_HFG�J\RhG�FHJmL�abF]l£� � FHP"L � FSG�J\RhgUJ�IKN®I�L � IKP�d¥a|l�I�¡[J�lML#RUJ\d[FHJ#RUP[FU� ��P"L � a|lW_AIhlmFXL � FL�RUG r {bF�jwF]{[lML�JmZ8_�L\Z�JmFRUTXFHjUF]Jmn©_�RUNOG�RUZ�P�d "¨IKG�G[{ba|_AI�L�abRUP ,�L�FHJ\N�L � I�Lca|l�F]P8_�RUZ[PQL�FHJ\F]d�d�Z�JmabP�g�_�RUNOG[Z[LtI�L�abRhP©a|l�I�{bJ\F�IKd�nI]jUI�ab{�IK�[{bF�I�L�_HRhNOG�ab{bFL\abNOFU� �S� Z�lH}UL � F � F�Ihd"P�RhJ\NªI�{�T9RhJ\N�l£RhT8L � F]lmFL�F]JmN�lWIKJ\F�I]jhIKab{�IK�[{bFS�yakL � RhZ[LIKPQn"J\FAd�Z8_tL�abRUPO_AIK{|_�Z�{�I�L�abRUP�lXIKP�d¥L � F+d�FAl\_HJmab��F]dYJ\FHG�J\F]lmF]PQL'I�L\abRUP�IK{b{bRA�+lXI�§wZ�a|_'Ë"d[FHL\F]JmNOabP�I�L�abRUPYRhTL � a|lST°Ih_�L�IhlX�FH{b{DIhlyIKP*abNONYFAd[a�I�L�F�IK_]_�FAl\lXL�R"L � F�T9Z[P8_tL�RUJyIKP�d�I�J\gUZ[NOF]PwL'lXG�I�JmL'lH� �� FAlmFcI�G�G�FAIKJL�R*��F¥abNYG�RUJMLtI�PQL�G�J\RhG�FHJmL�abF]l�lmabP8_�F¥F]ÀO_HabFHP8_tn�RAjwF]J�¡[J�lML r RUJ\d[F]J�{babËhFO_�RUNOG[Z[LtI�L�abRhP8l�a|l�lmabgUP[ab¡8_AI�PQLFHjwFHP*L\RªI � abg � F]J r RhJ�d[FHJy{bRUgUa|_�G[J\RUghJ'I�NONOabP�g"{�IKP[gUZ8IKgUF)� v � � �

¤�Z�J�{bR�� r {bFHjUF]{XJ\FHG�JmFAlmF]PwLtI�L\abRUP¹T9RhJ�L�FHJ\N�l _HRhNOFAl�_H{bRUlmFªL\R�L � FªRUP�FªghF]P�FHJ'I�{b{kn¹FHNOG�{bRAnwFAd�T9RhJ¡�J�lML r RUJ\d[FHJ�L\F]JmN�l���akL � L � F"d�FAl\_HJmab��FAd�FHP8_HR`d[abP[g3RUT IKG[G�{ba|_]I�L�abRhP8lH��Ì+RA�F�jwF]JH}�L � FHJ\F¥IKJmF¥lML\ab{b{Wd[abT rT9F]JmF]P�_HFAl�L � I�L�l � RUZ�{|d���FONOFHPQL�abRhP�F]d��f¤�P�F�d�a���F]JmF]P�_HF�_HRUP�_HFHJ\P8l�L � F�lmG�FA_Hab¡�_�lML\J\Z8_tL�Z[J\F�_ � RwlmFHPT9RUJ�_HRhNOG�RhZ�P8d�L\F]JmN�lH� �oP¢L � Fª¡[J�lML r RUJ�d�F]J�_AIhlmFh}£abPQL\F]J\P8IK{ P�R�d�FAl abP¢L � F�L�JmF]F�J\F]G[J\F]l\FHPQL'I�L�abRhP¹RhTL�F]JmN�l�_]IKP�P[RhL�_ � IKP�ghFU� �� a|l�T°Ih_�L�_AIKP���F"FH­`G�{bRhakL�FAd�L�RªT9RU{|d�L � F¥T�Z�P�_�L�RhJ�IKP�d�I�J\ghZ�NOFHPQL'l+G�IKJML'labPQL�R�RUP[F*jwFA_tL�RhJªIKP�d�}XL � F]JmF]�wnw} L�R�JmFAd�Z8_HF�_HRUNYG�RUZ[P8d¹L�F]JmN�l"L�R¹I©l\abP[gU{bF�G�RhabPQL�FHJ]�¯« lmabNOab{�IKJ

v �

Page 26:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

RUG[L\abNOab��I�L�abRhP�a|l+P�RKL�G�RUl�lmab�[{bF�abP�L � F � abg � F]J r RhJ�d[FHJ�_�RUPQL\FH­QLA� �� F�_�RUPQL\J'IK_�L�abRhP�RUT�I;* r J\F]d[FH­�}�T9RhJabP8lMLtI�P8_HFh}�L�J'I�P8lmT9RhJ\N�l�I�PE� r T�RU{|d�IKG[G�{ba|_AI�L�abRhP�abPwL�R3IKP "/��� s , r T�RU{|d�RhP�F"IKP8d�L � F]JmF�N"Z�lML���F"lmZ�T r¡8_HabFHPQL ��F�­�ab��ab{bakLon�abP�L � FOF]P8_�R�d�abP�g�RUTXL�F]JmN�l�L\R�_]IKG[L\Z�JmFOL � a|l lmakL�Z8I�L�abRhP!� �S� F�RKL � FHJ�d�a���FHJ\F]P�_HF{babFAl�abPfL � F�J\F]gha|lML�J'I�L�abRhP�RUTWd�FAlML�JmZ8_tL�akjwFc_ � I�P�ghFAlyT�RUJyL � FcG[Z�J\G�RwlmFAlyRUT6��Ih_�ËQL\J'Ih_�Ë`abP[g�� �6abJ�lML r RUJ\d[FHJL�F]JmN�l�FHjwRh{kjwFªd�Z�J\abP[g�_HRhNOG�Z�LtI�L\abRUP�RhP�{kn��wn©j�abJmL\Z�FORUTS�[abP8d[abP[gwlcT9RUJc{bRUgha|_OjhIKJ\a�I���{bF]l]��z n©G�a|_�Ë rabP�g�I�Z�P[abT9RhJ\N J\FHG�JmFAlmF]PwLtI�L\abRUP¶T�RUJYlmZ8_ � jhIKJma�IK��{bF]lH}#L � FflMLtI�L�F3G�JmabRUJ"L�R©lmZ8_ � I�_ � IKP�ghFf_]IKP¶��FJ\FA_�RUJ\d[FAdªl\abNYG�{knO�wn�J\F�LtI�abP�abP�g¥I G�RUabPwL�F]J L�R L � F�_�F]{b{�T9RhJ L � F�_HRUJmJ\F]l\G�RUP�d[abP�g jhIKJ\a�I���{bFh� �S� a|lËQabP8dRUT6RhG[L\abNOab��I�L�abRUP*a|lSP[RhL�IHjUI�ab{�IK��{bF�abP*L � F � abg � F]J r RhJ�d[FHJ�_HRUPwL�F�­`LS� � F]P*J\FAd�Z8_tL�abRUP*a|lSabNOG�{bFHNOF]PwL�FAdd[FAlML\J\Z8_tL�akjUF]{kn�IKP�d�}6Ihl��F � I]jUF�IK{bJmF�IKd�n�P�RKL�FAd�}>L � F¥RUJ\abghabP�I�{#jUI�{bZ�FYRUT�L � FYNOR`d[ab¡[FAd©_HFH{b{#P�F]F]d�lIK{|lmR¥L�RY��F�J\F]NYF]N"��F]J\F]dªabPfRUJ\d[F]JSL\RYJ\F]lmZ�J\JmFA_tLyL � F�G[J\FHj`abRUZ�l�lMLtI�L\FU�

i+G�L\R�L � a|lcG�RhabPQL �XF � I]jUF�P[RhL�_HRhP8lma|d[FHJ\FAd�F�­�G[{ba|_HakL�{kn©L � F�T°Ih_�L�L � I�L L � FYL�FHJ\N�l�RUTabPQL\F]J\F]lMLL�R�Z8l � IHjwFOL�n`G�F]l"Ihl\lmR�_�a�I�L\FAd©��akL � L � F]N�� �S� F]lmFOL�n�G�FAl � I]jwF3I*L��XRUT9Rh{|d�J\Rh{bFªabP�L � F�{�IKP[gUZ�I�gUF� � + � �W«XLXRhP�F+{bF�jwF]{¨}wL � F�nOlmF]JMjwFyL�Rc{babNOakL�L � F+lmFHL RUT!Ih_H_HF]G�LtI���{bF�G[J\RUghJ'I�N�lH�W«LIKP[RhL � F]J�{bFHjUF]{¨}QL � F�nG�IKJML�a|_�abG�I�L\F�abPªL � F�_�RUNOG[Z[LtI�L�abRhP�IK{�NYFA_ � IKP[a|l\N RhT!L � F�{�I�P�ghZ�IKghFU³`L � a|lXJ\Rh{bF�a|lyI�G�G8IKJ\FHPQLST�J\RhN L � FNªIKP[P�F]J"abP¶� � a|_ � L�n�G�FAl¥d�FHL�FHJ\NOabP[FªL � F*abNYakLtI�L\abRUP.IKP�d¶G�J\R�±mF]_�L�abRhP.lmZ��8lML\akL�Z[L\abRUP�l�L � I�L�I�J\F3L\R��FcgUF]P[F]J�I�L�F]dfT9RhJ�I �[FH­�ab�[{bF r J\abgUa|d�G8IKabJH� �S� F ¡[J�lML+T9Z[P8_tL�abRUP�RUTDL�n�G�FAlya|l�JmF]{bF�jUIKPwL+L\R�_HRhNOG�ab{�I�L�abRhP��Z[L+d[R`F]lyP�RKL�I��FA_tL�L � FcF�­�F]_HZ[L\abRUPfRUTWI¥G�JmRUgUJ�IKN I�P8d�lmR�d�R`F]lyP�RKL � IHjwF I¥��FAIKJmabP�gORUP�JmZ�PQL\abNOFJ\F]G[J\F]l\FHPQL'I�L�abRhP8lH�¯«�lYT9RhJ¥L � F�l\F]_HRhP8d·G�Z[J\G�RUlmFU}X�XF�RU��l\FHJmjUFfL � I�L�akL�a|lOl\Z[ÀO_HabF]PwLYL�R�NªIKabPwLtI�abPL�n�G�FAlS�yakL � RUP[{kn3L � F _�RUP�lmL'IKPwL'l�IKP�df{bRUgha|_�jhIKJ\a�I���{bF]l�I�G�G�FAIKJmabP�gOabP�{�I�N"��d�I�L�F]JmN�lH�Xp�IKabPwLtIKabP[abP�gl\Z�_ � I�P�P[RhLtI�L�abRhP8lYa|lªI�{|l\R�P�F]_HF]l�l�I�Jmn�¦fL � F*L�n�G�FAlYRUT�{bRhgUa|_*jUI�J\a�IK�[{bFAlªI�J\F�P[F]FAd�FAd.T�RUJO��RhL � L � FabNOakLtI�L�abRUPOIKP�dYG[J\R�±mFA_tL�abRhPOlmZ���lmL\akL�Z�L�abRUP�l�I�P8d"L � FSL�n`G�F]l#RhT�_�RUP8lML'IKPQL�l�I�J\FyP[F]F]d[FAd"abPOd[FHL\F]JmNOabP�abP[gL � F�abNOakLtI�L�abRhP�lmZ���lmL\akL�Z�L�abRUP�lH�

�S� FcP�FHFAd*L\RONªIKabPwLtI�abPfL�n`G�FAl�Ihd�d[l�I¥FH­QL�J�IY_HRhNOG�RhP�F]PwL �¬I�G�RhabPQL\F]JyL�RªI"Lon�G�F �<L�RYL � FcJmF]G rJ\FAlmFHPQLtI�L�abRhP�RhTW{bRhgUa|_�jUI�J\a�I���{bFAlH� �� F J\FHG�JmFAlmF]PwLtI�L\abRUP�RhT#_�RUP�lmL'IKPwL'lya|l+Z�P�_ � IKP�ghFAd�lmabP8_HF�L � FcLon�G�FabP�T9RhJ\NªI�L�abRhP�_]IKP©��FY_�RUN"�[abP�F]d���akL � L � F¥RhL � F]J�d8I�LtI3_�RUNOG[J\a|lmabP�gªL � F]abJ�d[F]l\_HJ\abG�L�RhJ�lH� É � ab{bF"�Fd[R�P[RhL¥d�a|l\_HZ8l\l L � a|l�a|l\l\Z[FªabP·d�FHL'IKab{ � FHJ\FU}WabP¹L � FªG[J\FAlmFHP8_HFªRhT�G�RU{kn`NORUJmG � a|lmN�}DL�n�G�FAl¥I�J\Fª��F]lMLJ\F]G[J\F]l\FHPQL\FAdª�wnªG�RUabPQL\F]J\lXL\ROIcL�n`G�F / l\ËhF]{bF�L�RUP 0[IKP8d*IcLon�G�F�F]Pwj�abJmRUP�NYF]PQL � vUv � � �� F�L�JmF�I�L\NOF]PwLRhTG�RU{kn`NORUJmG � a|l\N�L � Z8l£IKd�d�l£I�P"F�­`L\J'I+_�F]{b{wL�R+L � FXJ\FHG�JmFAlmF]PwLtI�L\abRUP�lDRUT�_HRhP8lMLtI�PQL'l£I�P8d {bRhgUa|_�jUI�J\a�I���{bFAlH�

� ��%¥�����'����c% � ���+�����]�+�������+�����������! "����� �"���O,£�X�������

É¢F�P[R���_�RUP8lma|d�F]J�L � F LtIKl\Ë*RUT�lmZ�G[G�RUJML�abP[gªL � F"FHP � IKP8_�FAd�P�RKL�abRhP�RUT#Z�P[ab¡8_]I�L�abRhP�G�J\F]lmF]PQL�abP�RhZ�J{�IKP�ghZ�I�gUFU� �� F*G[J\RU�[{bF]N�l L � I�L � IHjwFªL�R���F*d[F�I�{kL¥��akL � IKJ\FªL � J\FHF]T9Rh{|d�� �6abJ�lMLA}#akLYa|l"P�FA_�FAl\l�IKJMnL�R�_HRhP8lma|d[FHJ"L � F*P�RUJmNªIK{bab�AI�L\abRUP¶RUT�L�FHJ\N�l"d[Z[J\abP[g©FH­�F]_HZ�L�abRUP��.^QFA_HRhP8d�}XlMLtI�L�F]l"abP·RUZ�JOI��8lML�J�Ih_tLabPQL�FHJ\G[J\FHL\F]J IKJmFygUakjwFHP�IK{|lmR��Qn¥d[a|l�IKghJ\FHF]NOFHPQL�lmFHL�l�IKP�dOIKPYF]ÀO_HabFHPQL#NOFHL � R�d"T�RUJWNªIKabPwLtIKabP[abP�gclmZ8_ �l\F�L'l#FH­`G�{ba|_HakL\{knOa|l�P[F]FAd�FAd�� �£abP8IK{b{knU} � abg � FHJ r RhJ�d�F]J Z�P[ab¡8_]I�L�abRhP � IhlXI���J�IKP8_ � abP[g�_ � IKJ�Ih_tL�F]JH}�I�T°Ih_�FHL�FcJmF�IK{bab�HF�L � JmRUZ[g � d[FHG[L ��r ¡[J�lML+lmF�I�J�_ � �yakL � ��IK_'ËwL�J'IK_'ËQabP�g�� ��PfabNOG�{bFHNOF]PwL�abP[g"L � a|l�IKG�G[J\RwIh_ � }�akLa|l�P�FA_�FAl\l�IKJMn"L�Rca|d�F]PwL�abT�n"L � F�abNOG�RUJmL'IKPwLX_HRhNOG�RhP�F]PwL'lWRUT�lmL'I�L\FyL � I�L P[F]FAd"L�Rc��F+JmF]NOFHN"��FHJ\FAdYI�P8dIK{|lmR�L\R�d[FAl\_�J\ab��FªlmZ�akLtI���{bF�FHP8_HR`d[abP[gwl T�RUJ�l\Z�_ � abP[T9RUJmNªI�L\abRUP��fÉ�Fªd�a|l�_�Z8l\lcL � F]l\FYjUI�J\abRhZ8l a|l\l\Z[FAl��F]{bRA�ÊI�P8d"�F�d[FAl\_�J\ab��F+IKG�G[J\RwIh_ � FAlWL\R Ih_]_�RUZ[PQL�abP[g�T9RUJWL � FHN���akL � abP3I�PªIh_tL�Z8IK{�abNYG�{bF]NYF]PQL'I�L\abRUP!�

v �

Page 27:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� ��� � � �� � ,���� �)������� ��!#� � �� �

�S� F�lmabNOG�{bab¡�_AI�L\abRUP�RUG�FHJ'I�L�abRUP3IKP�dYL � F+G�RUlmL\Z�{�I�L�abRUP�RhT>lmZ���lML�akL�Z�L�abRhP8l��yakL � abPªZ�P[ab¡8_]I�L�abRhP3d[F]G�F]P�dRUP.L�F]JmN�lY��F]abP�g�G�JmFAlmF]PwL�F]d.abP " I©gUFHP�F]J�IK{bab�HFAd , � F�IKd r P�RUJmNªIK{yT�RUJ\Nf� � FHJ\N�lO_AI�P¬I�J\a|lmF�d[Z�JmabP�g_HRUNYG�Z[L'I�L\abRUP*L � I�L�I�J\FcP[RhL+abP*L � a|lyT9RhJ\N�³�_HRhP8lma|d[FHJ]}8T�RUJyabP8lMLtI�P8_�FU}[L � F lML�J\Z�_�L\Z�J\F�RhT#I�L�F]JmN IKT�L�FHJI¥lmZ���lmL\akL�Z�L�abRUPfd[a|_tLtI�L\FAd3�Qn3abNYakLtI�L\abRUP*RhJyG�JmRK±MFA_�L\abRUP � IhlS��F]F]P*N�Ihd[F�T�RUJ�I jUIKJma�IK�[{bFcRhT6T�Z�P8_tL�abRhPL�n�G�F L � I�L�IKG[G�F�I�J�l+abP�akLA��p�F]_ � IKP�a|lmN�l�T9RhJ�P�RhJ\NªI�{bab�]abP[g�L�FHJ\N�l�IKJmF L � F]JmF]T9RhJ\F P[F]FAd�FAd�Ihl�I�{|l\R�a|lI G[J\RKL�R�_�RU{�T9RUJXd[FHG�{bR�n`abP�g�L � F]l\F�I�LXG�RUabPwL'l � � FHJ\F � FAIhd�P[RUJmNªIK{�T�RUJ\NOlIKJmF�d�FAlmabJ\F]d��#«�lXd[a|l\_HZ�l�lmF]dabP¯^`F]_�L\abRUP q � q }XI�lML�J�I�L�FHghn�L � I�L¥J\FH�yJ\akL\FAl"L � F*{bFHT�L�NYRwlMLA}WRUZ[L\F]JmNORwlML"J\F]d[FH­·I�LYFAIh_ � lmL'IKghF3a|lOIP�I�L\Z�J�IK{�RhP�F�L�R Z8lmF+T9RUJ � FAIhd r P�RhJ\NªI�{bab��I�L\abRUP�� �S� F�lmZ�l\G�F]P�l\abRhP�P�RKLtI�L\abRUP3IK{b{bR���l L � F�lmZ���lML�akL�Z�L�abRhPgUF]P[F]J�I�L�F]d��QncIK* r _HRUPwL�J�Ih_�L\abRUP�L�Ry��F#L\J\FAI�L�F]dcIhlDIXL�JmZ�{kncI�L�RhNOa|_WRhG�F]J�I�L\abRUP�I�P8d�L � F]JmF]�wn�T°Ih_�ab{bakLtI�L\FAlIKP�akL\F]J'I�L�akjUFU}8lMLtIh_�˪��IhlmF]dfJmF�I�{bab��I�L\abRUP�RhTDL � a|l�lML�J�I�L�FHghnU�^`Z�_ � IKP�I�G�G[J\RQIK_ � a|lyF]N"��FAd�d�FAd3abPfL � FabNOG�{bFHNOF]PwLtI�L\abRUP�RhTXP[RUJ\N�IK{bab��I�L�abRhP���akL � abP©L � F¶¸�ºH»�¼t½�¾+lMn[lML�FHN�� É�FYlmËUF�L'_ � L � a|l�_HRUNYG�RUP[F]PwL�RhTL � F"lMn[lML\F]N ��F]{bRA��IKl�I�G[J\FH{bZ8d[F L\RªFH­`G�{�I�abP�abP�gªakL'l�Z�l\F abP�L � F�RAjwF]J�IK{b{6_HRUNYG�Z[L'I�L\abRUP�l\_ � F]NOFh��«NORUJmF�d[FHL'IKab{bF]d�d�FAl\_HJmabG[L\abRUPfRUT>L � F�J\F]d[Z8_tL�abRhP�G[J\R`_HFAd�Z�JmF�NªIHnª��F�T9RhZ�P8d3abP � � ~ � �

�S� Fµ¸8º�»M¼'½�¾�abNOG�{bFHNOF]PwLtI�L�abRUP�RUT � FAIhd r P�RhJ\NªI�{bab��I�L\abRUP¶IK_�L�Z8IK{b{kn�Z8lmF]l Lo�R�lmL'Ih_�Ë�l�_AI�{b{bFAd�L � FlmL\J\Z�_�L�Z[J\F]l�{ba|lML RhJ � �¶lMLtIh_�Ë©I�P8d�L � FªI�G�G[{ba|_AI�L\abRUP�l lMLtIK_'Ë�}!L � FO{�I�L\L\F]J�T¨IK_Hab{bakLtI�L�abP[g�I*d[FAlML\J\Z8_tL�akjUFJ\F�I�{bab��I�L�abRUP¶RUTyJmFAd[Z�_�L\abRUP!��z RhL � lmL'Ih_�Ë�l"lML�RhJ\FªJ\FHT9FHJ\F]P�_HF]l L�R�L�FHJ\N�l"I�P8d¶_]IKP¶l � IKJmFfI�_�RUNONORhPl\G8Ih_�F"abP�IKP©IK�8lML\J'Ih_tL�NªIh_ � abP�Fh}���akL � L � F]abJ�L\RUG�l�gUJmR���abP[g3L\R��SIKJ�d[l�FAIh_ � RKL � F]J]� �� F"JmFAd�Z8_�L\abRUPG�J\R`_HF]d[Z�JmF�{bR`RUË`l3I�LªL � F�L�FHJ\N´G�RhabPQL\FAd<L\R¹�wn<L � F�L�RUGµRUT�L � F � � lmL'Ih_�˵IKP�d<L � F�jUI�{bZ�F�abPÊIgU{bRU�8IK{JmF]gha|lmL\F]J�� �3� ���',&��L�R�d[F�L�FHJ\NOabP[F3akL�l�P�F�­`LYlML\F]G!�©«L�L � FªRhZ[L'lmF�LA} I�JmF]T9FHJ\FHP8_HF�L\R�L � FL�F]JmN L\R���F3JmFAd[Z�_HF]d¹a|l"G�{�IK_HFAd¢RUP¹L � F�L�RhG¶RUTyL � F�� �µlmL'Ih_�˹I�P8d¢L � F�� �3� ���',&�©J\FHgUa|lML�FHJ"a|ll\F�L�L�R ~ � �� F"NªI�abP©IK_�L�abRhP8l�RUTWL � F�G�J\R`_HF]d[Z�JmF¥IKJ\F"d[F]G�F]P�d[F]PwL�RUP�L � F�L�FHJ\N JmF]T9FHJ\FHP8_HF]d��wn�L � FL�RUG¢RhTL � F�� �.lMLtIh_�Ë � IHj�abP[g�IfP�RUP r lmZ8lmG�F]P8lmabRhP¢lML�J\Z�_�L\Z�J\Fh� �8RhJcL � a|lcJ\F�IKlmRUP!}6abTXL � a|lcL�FHJ\N0a|l�Il\Z�lmG�F]P�lmabRUP!}£L � F�¡�J�lML LtIhlmË©��FA_�RUNOF]l�L � I�L"RhTyF�­�G�RUlmabP�g�lmZ8_ � I�T�RUJ\N T�RUJ�akLA� �S� a|l RU��±MFA_tL�akjwF�a|lIh_ � abFHjUFAdfabNONOFAd�a�I�L\F]{kn3Z8lmabP�gORUP[FcRUT6L � FcJ\FAIhd�abP�gOJ\Z�{bF]l�abP �£abghZ�JmF v � � F]PfL � Fcl\ËhF]{bF�L�RUPfa|l+akL'lmFH{bTP�RhL�IOlmZ�l\G�F]P�l\abRhP!��¤+L � F]Jm�ya|lmF"IYP�RUP r lmZ8lmG�F]P8lmabRhP�T9RUJmN N"Z8lML+��F�F�­�G�RUlmFAdf¡�J�lML�T�RUJ�L � F�lmËUF]{bF�L�RhPIKP8d3I lmabNOG�{bF+akL�FHJ'I�L\akjwF�G�JmR�_�FAl\l�L � I�L��F]gUabP�lX�QnOG[{�Ih_HabP[g¥I JmF]T�F]J\FHP8_�F+L�RcL � a|llmËUF]{bF�L�RhP3RhP�L � F+L�RhGRUTWL � F4� ��lMLtIK_'ËflmF]JMjwFAlyL�R�JmF�IK{bab�HF L � a|lH��eWjwFHPQL�Z8IK{b{knU}�� � F]P�IOP�RhP r l\Z�lmG�F]P�lmabRUP�T9RhJ\N a|l�FH­`G�RwlmF]d�}abT�L � FfL\RUG<RUT�L � F � �ÊlMLtIh_�˶a|l�I�JmF]T9FHJ\FHP8_HF*L�R¹I�P¬I�G�G�{ba|_]I�L\abRUP!}XL � a|lOJ\FHT9F]JmF]P�_HFfa|lOJ\F]_HRUJ\d[F]d<abPL � FfIKG[G�{ba|_]I�L�abRhP8l¥lMLtIK_'Ë¢IKP�d¶a|l"JmF]G[{�Ih_HF]d¶abP¹L � F � �µlmL'Ih_�Ë��Qn¶I�lmFA§wZ�F]P�_HF3RhT�J\FHT9FHJ\F]P�_HF]l L�R�akL�l� RUG�F]J�IKP8d�I�P8d � RUG�F]J'I�L�RhJ�fG8IKJmL�lH}D��akL � L � F�� �3� ���',&��JmF]gUa|lML\F]Jc��F]abP�g�abP8_�J\FHNOF]PwL�FAd��Qn�L � FP`Z�N���F]JyRUT£RUG�FHJ'I�P8d�lH� ��T6L � F�L�RhG�RhT6L � F4� ��lMLtIK_'Ë*_�RUPwLtIKabP�l�IYJmF]T�F]J\FHP8_�F�L�RªIKP�IK��lmL\J'IK_�L�abRhP!}�L � FIh_�L\abRUP�LtIKËhF]P¹d�F]G�FHP8d[l�RhP�L � F�jUI�{bZ�F�abP¢L � F � �3�����",&��J\FHgUa|lML�FHJ]�#��TL � a|l a|l ~ }£L � F�� �.lmL'Ih_�ËJ\F]T�F]JmF]P8_�F a|l6J\FHG�{�IK_HFAdc�Qn�RUP�F�L\R+L � F ��R`d�n�RUT[L � FI��8lML�J�Ih_�L\abRUP��#¤+L � F]Jm�ya|lmFU}UIy{bF]T�L\NORwlML]}�RUZ�L�FHJ\NORUlmL* r JmFAd[F�­ � Ihl��F]F]P3T9RhZ�P�dfI�P8d3P�FHFAd[lXL�R"��F�_HRUPwL�J�Ih_�L\FAd�� �S� a|lyIh_tL�abRUP3a|lSJmF�I�{bab�]FAd3�wnªG�RhG�G�abP[g"L � FL�RUG�Lo�R*akL�F]NOl�RUP�L � F�� �¶lMLtIK_'Ë�}!Z8lmabP[g*L � F]N L\Rf_HRUP�lML�J\Z�_�L I3lmZ�akL'IK�[{bFOlmZ8lmG�FHP8lmabRUP�IªJmF]T�F]J\FHP8_�FL�R � � a|_ � a|l G�Z�l � FAdORhPQL�RcL � F � �flmL'Ih_�Ë�}`d[F]lML�J\Z�_�L\akjwF]{knYZ[G�d�I�L�abP[g L � F�IKG[G�{ba|_]I�L�abRhP*I]jUI�ab{�IK�[{bF�T9JmRUNL � F¥L�RUG�RUT L � FªIKG[G�{ba|_AI�L�abRhP8lclmL'Ih_�Ë�IKP�d�}D¡�P8IK{b{knU}£d[F]_HJmF]NOFHPQL�abP[g*L � F�� �3�����",&��J\F]gha|lML�F]J��Qn sL�R�Ih_H_HRUZ[PQL�T9RUJ�L � F�d�a|l�IKG�G�F�I�J'IKP�_HF¥RUTSIKP¢IKJmgUZ[NOF]PwLA� �S� FY¡�P�I�{#G�Rwl\lmab��ab{bakL�n�T9RUJ�L � F¥L\RUG©RUT L � F� ��lMLtIh_�˪a|lSL � I�L�akL�a|l+I"J\F]T�F]JmF]P8_�F�L�R�IKP�I�L\RUNOa|_�L\F]JmN�} ��$9º $|}[RUP[F�L � I�L�a|l�I¥_HRhP8lMLtI�PQLyRUJ+I"��RUZ[P8dRUJ�T9J\FHF�jUIKJma�IK�[{bFU� �S� a|l+lmakL�Z8I�L\abRUP�lmabgUP8IK{|lyL � I�L�I � F�IKdfP�RhJ\NªI�{!T9RhJ\N � IKly��FHF]P�T�RUZ�P�d�IKP�d � FHP8_�FL�F]JmNOabP�I�L�F]lL � F�RAjwF]J�IK{b{�G�J\R`_HF]l�lH�

v�!

Page 28:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� R Z[P8d[FHJ�lMLtI�P8d¥L � F+abPQL�FHgUJ�I�L�abRhP�RUT�L � F � F�IKd r P�RUJmNªIK{bab�AI�L\abRUPOG�J\R`_HF]d[Z�JmF+abPQL\RcL � F+{�I�J\ghF]JX_HRhN rG�Z[L'I�L\abRUP�I�{#T�J'IKNYFH�RhJ\Ë�}>lmZ�G[G�RwlmF"L � I�L�akLca|l�abPQjURUËhFAd��yakL � IªL\F]JmN�L � I�Lc_AIKP©��FYJmFAd[Z�_HF]d�L�R3L � FT9RUJmN ¿:6 � �����'¿_6 � "��$� � �����3� .,t}!� � F]JmF ��a|lcI*_HRUP�lMLtIKPwLcRhJ�jUI�J\a�I���{bFU�¥É � F]P�L � FYG[J\R�_�FAd�Z�J\F¥a|l¡�P�a|l � FAd�}�L � F � �©lmL'Ih_�˪�yab{b{6_�RUPwLtIKabP�}�abP�_HRhP8lmFA_�Z[L\akjwF�{bR�_]I�L�abRhP8l�T�J\RUN�L � F�L�RUG�}8J\FHT9FHJ\F]P�_HF]lyL\RYL � Fd[FOz J\Z�a ±MP©J\FHG�J\F]lmF]PQL'I�L\abRUP�RUT ��I�P8d�L � FYlmZ�l\G�F]P�l\abRhP©J\FHG�J\F]lmF]PQL'I�L\abRUP8l�RUT�L\F]JmN�l�� �����������?� L � I�LIKJ\F�* r _�RUPwjwF]JML�ab�[{bFcL�R!�?�����������B� � �S� a|l�ËQabP8d�RUT�Ih_H_HF]l�lyL�ROL � F���R�d`nfRUTWL � FcL\F]J\N a|l+G�IKJML�a|_�Z�{�IKJm{kn_HRUPwjwFHP�abF]PwL T9RhJ�L � FORhL � FHJ RhG�F]J�I�L\abRUP8l�J\F]§QZ[abJ\FAd©��akL � abP�Z�P[ab¡8_AI�L�abRhP!� �6abJ�lML RhTyIK{b{¨}DL � F � FAIhd[lcRhTL�F]JmN�l IKP8dYL � FHabJlMLtI�L�Z8lH}U� � FHL � F]J JmabgUa|d�RUJ �[FH­�ab�[{bFU}Qa|lXFAIhlmab{knOd[F�L�FHJ\NOabP[FAd�� �8Z[JmL � F]JH}�Ihl\lmZ�NOFyL � I�LL � F�lmabNOG[{bab¡8_AI�L�abRhP3RhG�FHJ'I�L\abRUPªa|l L�R���F�IKG�G[{babFAd�L\R L��R L\F]J\NOlK��IKP�d8�� � RwlmF � FAIhd r P�RhJ\NªI�{�T�RUJ\NOl� I]jUF�a|d[F]PwL�a|_]IK{6��abP�d[F]J\lH� �S� F � F�IKd r P[RUJmNªIK{bab�AI�L�abRhP�G[J\R�_�FAd�Z�J\F�_AI�P!}�abP�L � a|l�_]IhlmFU}���F"abPwjwRhËUFAd�L\R{�I]n©RhZ[L�L � FY��R`d[abF]l�RUT�L � F]lmF¥L��XR*L�F]JmN�l�abP�d�a���F]JmF]PwL�lmFHgUNOFHPQL'l�RhT L � F�� �¶lmL'Ih_�Ë�� �S� F]P!}>abT L � FL��R�L�FHJ\N�lYIKJ\F*J\abgha|dµI�P8d � I]jUFfa|d�F]PQL\a|_AI�{ � FAIhd[l]}�L � F3L�F]JmN�l"RUZ�LORhT�� � a|_ � P�FH� d[a|l�IKghJ\FHF]NOFHPQLG�IKabJ\l � IHjwF�L�RY��F�T�RUJ\NYFAd*IKG�G�F�I�J+I�LSL � Fcl�IKNOF�d[a|lmG[{�Ih_HFHNOF]PwLyT�J\RhN d�a���FHJ\F]PwL+lMLtI�JmL\abP�gY{bR`_AI�L�abRUP�lH}L � FHJ\FH�QnfT¨IK_Hab{bakL'I�L�abP[g*I�P�akL�F]J�I�L\akjwF�lML�JmZ8_�L\Z�JmFcL�R�T9Z[JmL � F]J+G[J\R`_HFAl\lmabP�g[� �S� F"IHjUI�ab{�IK��ab{bakLon�RUT£L � F"IKJ rgUZ�NYF]PQL�l£RhT8L � F � FAIhd r P�RhJ\NªI�{bab�]FAdcL�F]JmN�abPY_HRhPQL�abghZ�RhZ8l£{bR�_]I�L\abRUP8l6L�Z[J\P8l£RhZ[L�IK{|lmR�L�R���FSabNYG�RUJMLtI�PQLL�R¥L � Fc_HRhNOG�ab{�I�L�abRhPfNOR`d[F]{�L � I�LS�Fcd[a|l\_HZ�l\lyabP�^QFA_�L\abRUP#���

¤�Z�J¥d�FAl\_HJmabG[L�abRhP·RhTyL � FªL�FHJ\N lmabNOG�{bab¡�_AI�L\abRUP¶G�JmR�_HF]l\lYI���R�jUFfIhl\lmZ�NYFAlcL � I�L"L � F3{bFHP�ghL � l"RhT��abP8d�F]J\l3RhT�L��XR¢L�F]JmN�lOL\R¹��F�Z[P�ab¡[FAdÊI�J\F�a|d[FHPQL�a|_]IK{¨� �� a|l3lmakL�Z�I�L�abRhP¬N�I]nµIh_tL�Z8IK{b{kn<P�RKL � RU{|dIKZ[L\RUNªI�L�a|_]IK{b{knf��Z�LA}�J�I�L � F]JH}�NªIHn � IHjwFcL�R���F"Ih_ � abFHjUFAd�I�L+L � F JmFA§wZ�abJ\F]d�G�RUabPQL�l+abP�_HRUNYG�Z[L'I�L\abRUP�Qn*Z8lmabP�gYL � F'� r _�RUPwjwF]J\lmabRUP�JmZ�{bFU�« T�FH��l\abNYG�{bF _ � IKP[gUF]lyL\RORUZ[J+P[RUJ\N�IK{bab��I�L�abRhP�JmRUZ[L\abP�F lmZ�ÀO_HF]lT9RUJ�NªI�Ë`abP�g�L � FyJ\FA§wZ�a|lmakL�F�IKd�±MZ8lML�NOFHPQL�l]� �� Z�l]}`lmZ[G�G�RUlmFyL � I�L��XF�IKJ\F�_HRUNYG�IKJmabP�g�Lo�R�L�FHJ\N�lWL � I�L� I]jUF¢IKl � FAIhd r P�RhJ\NªI�{�T9RhJ\N�l�¿_6 � �����t¿_6 � "& 4� � �����3� .�,3I�P8d�¿_6 � �����t¿_6 -"/ � � � �����4� ��,'� ¤�Z[JG�J\R`_HF]d[Z�JmF�_]IKP¬F�IKl\ab{knµJ\F]_HRhJ�d¯L � F�jUI�{bZ�F]l3RUT I�P8d ��� � FHPÊG�JmR�d[Z�_HabP[g¶L � FAlmF�T�RUJmN�lH�®��R��l\Z[G�G�RwlmF¥L � I�L �.a|l�gUJmF�I�L�F]J�L � IKP IKP�d©L � I�L � a|l�a|d[FHPQL�a|_]IK{WL�RfRUP�FYRhT^6������������B6 � �� FHP�L � FF*��F]_�L RhTyIhd�±mZ�lmL\abP�g*L � FO��abP�d[FHJ {bFHP�ghL � RhT L � FOl\F]_HRhP8d©L\F]J\N�L�R+�.RUP�akL'l � FAIhd�abP¹IflmZ8lmG�F]P8lmabRhPJ\F]G[J\F]l\FHPQL'I�L�abRhP¹RhTSL � F�L\F]J\NOl�_AI�P¹��F3_AI�G[L\Z�J\F]d¹l\abNYG�{kn��Qn¹IKd�d[abP[gE�,� L�R�L � FªabP8d�FH­�jUI�{bZ�F_HRUJmJ\F]l\G�RUP�d[abP�g¢L�R � � �S� F�_ � I�P�ghFAlOL�R¢L � F�¡�J�lML ( I�J\ghZ�NOFHPQL'lORUT�L � a|l�L�FHJ\N´Z�P�d[FHJ*lmZ8_ � IKPIhd�±MZ8lML�NYF]PQLYIKJ\F�I�{|lmR�lML�J�IKabg � L�T�RUJm�SIKJ\d¹L�R�_AI�G[L\Z�J\Fh¦*abT7� �� a|l"L � F3L�FHJ\N abP.lmZ8lmG�FHP8lmabRUP·P[RhLtI�L�abRhP_HRUJmJ\F]l\G�RUP�d[abP�g¥L�R8� �M}�L � F�d[FAlmabJmFAd�IKd�±mZ�lML�NOFHPQLSa|l�FHP8_AI�G8lmZ�{�I�L�F]dfabP*L � F�L�FHJ\N � � � �� � ~ � � ��� �� � ��� � FHJ\F��� � � ( � �£abP8IK{b{knw}�P�F��®I�J\gUZ[NOF]PwL'l�P[F]F]d�L�R3��FOIKd�d�FAd�L\R3L � F�L\F]J\Nf}���Z�L�L � a|l�a|l�G�IKJML�a|_�Z�{�IKJm{knF�IhlMn�L�ROd[R¥RUP r L � F r ��nw}�L � FHnª��FHabP�g�±mZ�lmLSL � F�d[F zXJmZ�a ±MPfabP8d�a|_HF]l�� "/��� ,?��������� � s �

�S� F"P[RUJmNªIK{bab�AI�L�abRhP�G[J\R�_�FAl\l+J\F]§QZ�abJmFAl+L � F�_HJ\FAI�L\abRUP�RUTWP�FH��lML�JmZ8_tL�Z�JmFAl+T9RhJ+L\F]J\NOl�I�L+jUI�J\abRUZ�lG�RUabPwL'l�abP�akL'l�FH­�F]_HZ�L�abRUP�� �S� FAlmF L�FHJ\N�l�IKJ\F���FAlML�IK{b{bR�_]I�L\FAd�RhP�L � F � FAIKG�abP�IYÉ©«�p r {babËhF"NOR`d[F]{IKP8d3L � a|lSa|lH}8abPfT°Ih_�L]}�� � I�L�a|lyd[RUP[F���akL � abP*L � F�¸8º�»M¼t½`¾ abNOG�{bFHNOF]PwLtI�L\abRUP��

� � � ��� �-,�� � � � ��� ����� � � ��� �)�������'��! � ����� ����� � � ��� � � � ���

E�a|l�IKghJ\FHF]NOFHPQLyl\F�L'lyI�J\a|lmF�abP*G[J\abP8_�abG�{bF�FHjUF]P*abP3L � F�_�RUPwL�FH­QLyRUT>¡�J\lmL r RhJ�d[FHJSZ�P[ab¡8_AI�L�abRhP!��Ì+RA�FHjUF]JH}L�n�G[a|_AI�{£abNYG�{bF]NYF]PQL'I�L\abRUP8l�RhTWL � a|l+RUG�FHJ'I�L�abRUP©IHjwRUa|d�L � F FH­`G�{ba|_HakL�L�J\FAI�L\NOF]PwL�RUT�lmZ8_ � lmFHL'l+�wn�Z[L\a r{bab�]abP�g�I�JmFA_HZ[J�lmakjwFh}�d[F]G�L ��r ¡�J\lML¥G[J\R`_HFAl\lmabP�g�RUTSL � F*lmZ���G8IKJML'l�RhTyL � FªLo�R�L\F]JmN�lcL � I�LYIKJ\F�L�R���FZ�P�ab¡[FAd�� VSIKJmF]T�Z�{�I�LmL�FHPQL�abRhP�L\RcL � F+RUJ\d[F]J abP�� � a|_ � lmZ���L�FHJ\N�lXI�J\F+G�JmR�_�FAl\lmFAdOa|lXËQP�R��yP�L\R NªIKËhF�Il\Z[�8lMLtI�PQL\a�IK{Dd[a���FHJ\FHP8_HFcL\ROL � Fc�XRUJ�lML�_AIKl\Fc��F � IHj�abRUZ[J�� v�q � }��[Z[L�L � F / G�I�L � RU{bRUgha|_AI�{�0�_]IhlmFAl+lmF]{|d�RUNl\FHF]N L\R*IKJ\a|lmF"abP�G�J'IK_�L\a|_HFU� ��akjUF]P�L � a|lH} ��F�­�ab�[ab{bakL�n�abP©_ � R`RwlmabP[gªL � F"P[FH­QL�G8IKabJ�RhT "¨lmZ�� ,oL�FHJ\N�l�a|l

v+

Page 29:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

Z8lmZ�I�{b{knfl�Ih_HJmab¡8_�FAd*T�RUJ�IYlmabNOG[{bF]JSG�J\R`_HF]l�lmabP[gOlML�JmZ8_�L\Z�JmFU�� �XR*G[J\RUG�F]JML�abFAl�RUT�¡�J\lML r RhJ�d�F]J�Z[P�ab¡8_]I�L\abRUP�IKJ\FYIh_tL�Z8IK{b{kn�_HJ\akL\a|_AI�{6L�RfIhd�RUG[L\abP�gªL � FYIKG[G�J\RwIh_ �

L � I�L�L\J\F�I�L'l+d[a|l�IKghJ\F]FHNOF]PwL�lmF�L'l+abNYG�{ba|_HakL\{kn�¦yakL'l�d�FA_Ha|d�IK�[ab{bakL�n�IKP�d�L � F�F�­�a|lML�FHP8_HF RhT#NORUlML�ghF]P�FHJ'I�{Z�P�ab¡[F]J\l]�#�+FHakL � FHJyRhT>L � FAlmF�G�JmRUG�FHJmL\abFAly_]IKJmJmnªR�jUF]JXL�R"L � F � abg � F]J r RUJ\d[FHJy_HRUPwL�F�­`LA�£É � ab{bF�akLya|lylML�ab{b{G�Rwl\lmab��{bF�L�R+Z�l\FIyJ\F]_HZ�J\lmakjwF G�JmR�_�FAl\l>L � I�L6F�­�G[{bRUJ\F]lDZ[P�ab¡�FHJ�lDT9RhJ6lmZ��[L\F]JmN�l>abP"I+d�F]G[L �[r ¡�J�lMLDT¨IKl � abRUP�}��IhlmabP[g¹L � F�Z[P�ab¡8_]I�L\abRUP¬_HRhNOG�Z�LtI�L\abRUP<F]PwL�abJ\FH{kn<RUP¬lmZ�_ � IKP¬IKG[G�J\RwIh_ � IKG[G�FAIKJ�l�G[J'IKghNªI�L\a|_AI�{b{knZ�P8d�FAlmabJ'I���{bFh� ��P©G8IKJmL\a|_HZ[{�IKJ]}!abP�I3l\akL\Z�I�L�abRUP�� � F]J\FY_ � Rha|_HFAl � IHjwF�L�R*��F¥N�Ihd[F"abP�lmZ[�8lML�akL\Z[L�abRhP8lH}akL IKG�G�F�I�J�l���FAlML�L�R*��JmabP�g�I�{b{�I]jUI�ab{�IK�[{bFO_HRhP8lML�J�IKabPwL'l�L�R*��F�I�J�RUP�NªIKËQabP�gªL � FHN�� �S� Z8lH}>lmZ[G�G�RUlmFL � I�LakLSa|l P�FA_�FAl\l�IKJMnYL�R�Z[P�abT�nYLo�R L�FHJ\N�l�RUT�L � F�T9RhJ\N "��`� � ����� � � , IKP�d "�� � � �����9� � ,'}`� � F]JmFm�a|l�IO_HRhP8lMLtI�PQL "9T9Z[P8_�L\abRUP ,ylMn�N���RU{DI�P8d�}�T�RUJ s � � � �W}I� � IKP�d � � IKJ\F"I�J\�[akL�J'I�Jmn*L\F]J\NOl]�XÉ�F N�I]n�F]{b{£I�LmL�F]NYG[L�L\Rªd[R�L � a|l��Qn�Z[P�abT�n�abP�gOL � F G�IKabJ\l � �?� � � ��� ��������� � � � � � ���SabP�lmFA§wZ�F]P�_HFh�+��R���}�abP�L � F_HRUZ[J�lmF�RUTDZ�P�abT�n�abP[gYL � F�G�I�abJ � �?� � � ���t}�akL�NªIHn3��F�P�F]_HF]l�l�I�JmnªL\RYG[a|_'Ë3RhP�F�RhT£lmFHjUF]J�IK{>lmZ[�8lML�akL\Z[L�abRhP8lT9RUJyIcjhIKJ\a�I���{bF�6D� �� a|lXjhIKJ\a�I���{bF�NªIHnªIKG�G�F�I�JabP*RKL � F]JG8IKabJ�lRhTDlmZ���L�F]JmN�lIhl �FH{b{>I�P8d3lmFHjUF]J�IK{�RhTL � F�lmZ���lML�akL�Z�L�abRhP3_ � RUa|_�FAl T9RhJ^63NªIHnYJ\F]P�d[FHJXL � F]l\F+G�I�abJ�lXP[RUP r Z�P[ab¡�IK�[{bFU�#i+l\abP[g L � a|l abP�T9RhJ\NªI�L�abRhP!}I�LyL � F�jwFHJmnª{bF�IhlML]}8_HZ[JmL'IKab{|lSL � F��[J'I�P8_ � abP�g¥abP�lmF�IKJ\_ � � ��PfG8IKJML�a|_HZ[{�IKJ+_]IhlmFAlH}�L � a|lSNªI]nªF�jwFHPfNªI�ËUFI�d�a���F]JmF]P�_HFO��FHLo�FHF]P�¡�P8d�abP�g�IKP�d�P[RhL ¡�P8d�abP�g�IfZ[P�ab¡[F]J]¦"lmRUNYF�_ � Rha|_HFAlcRhTSlmZ���lmL\akL�Z�L�abRUP�T9RhJ�6L � I�L�IKJ\FYJmZ�{bFAd©RUZ[Lc�wn�L � F]abJcF���FA_tL'l�RUP�RKL � FHJ�G�IKabJ\lcN�I]n�{bFAIhd©L\R�I*P[FHjUF]J\FHP8d�abP�g�lmF�IKJ\_ � � � F]PL � F�G�I�abJ � �5��� � ���Xa|l�_�RUP�l\a|d�F]JmFAd*abPfa|l\Rh{�I�L\abRUP!�

«���FHL\L\F]J"I�G�G�JmRQIK_ � L\R�¡[P8d[abP[g�Z[P�ab¡�FHJ�l T9RhJ¥I�d[a|l�IKghJ\F]FHNOF]PwL"lmF�LA}6L � F]P�}�I�G�G�F�IKJ\lcL\R���FOL � FT9RU{b{bRA��abP[g��"«XL I�PQn�G�RhabPQL�abP�L � FY_�RUNOG[Z[L'I�L�abRhP!}��XFYlmF]{bFA_tLcIªG�I�abJ�T9JmRUN L � F¥lmFHLcIKP�d�G[J\R�_�F]F]d�L\Rl\FAIKJ\_ � T�RUJ"I�Z�P[ab¡�FHJ�T9RhJ�RhP�{kn�L � a|l G�I�abJ L�ab{b{lmZ�_ � L\abNOFYL � I�L"NORhJ\FYL � IKP¹RhP�F�G�Rwl\lmab��ab{bakLon�P�F]F]d�lL�RO��F�_HRhP8lma|d[FHJ\F]d�abP�T�Z�JmL � FHJ\abP�gYL � F�lmFAIKJ�_ � �y«XL�lmZ8_ � IYG�RUabPwLA}��F G�a|_�Ë�IYG�Rwl\lmab��{bF�lmZ���lML�akL�Z�L�abRhPIKP8d©F�­�IKNYabP�F¥akL'l�F���FA_tLcRhP©L � FYJmFAlMLcRhT L � FOd�a|l'I�gUJmF]F]NYF]PQL�lmFHL���F]T�RUJmFYG�JmR�_�F]FAd�abP�g*T9Z�JML � F]J]� ��N rG�{bF]NYF]PQL\abP�g�L � a|l¥IKG[G�J\RwIh_ � _H{bFAIKJ\{kn¢J\F]§QZ[abJ\FAlYI�P¶FH­`G�{ba|_�akLYJ\F]G[J\F]l\FHPQL'I�L�abRhP·IKP8d¹NªI�P�abG�Z[{�I�L\abRUP¶RhTd[a|l�IKghJ\F]FHNOF]PwL+lmFHL�lS��akL � abPfL � FcZ[P�ab¡�_AI�L\abRUP�G�JmR�_HF]l\l]� «�_tL�Z8IK{b{knw}�� � F]PfL � F�LtIKlmË3RhTWlmRU{kj`abP�gªI¥ghRQI�{abPYRUZ[J � abg � FHJ r RUJ�d�F]JW{�IKP�ghZ�I�gUFSa|l#_HRhP8lma|d[FHJ\FAd"abP¥akL'l£F]PQL\abJ\F�L�nw}UakL#��FA_�RUNOF]lW_�{bF�I�JWL � I�L#d[a|l�IKghJ\FHF]NOFHPQLl\F�L'l+NªIHn�I�L+L�abNOF]l � I]jwF L\R3��F"_]IKJ\JmabFAd�F�jwFHP©Ih_�J\RUl�l+abPQjwR`_AI�L�abRUP�l+L�ROL � F"Z[P�ab¡�_AI�L\abRUP�G�JmR�_�FAd[Z[J\Fh��yFHG�F�I�L�F]d*I�G�G[{ba|_AI�L\abRUP�lRUT!L � F�Z�P[ab¡8_AI�L�abRhPflML�FHG3d[FAl\_�J\ab��F]dªabP�^`FA_tL�abRhP � NªIHnOJ\F]d[Z�_HF�I�d�a|l�IKgUJmF]F rNOF]PwL�lmFHL+L�RªIYT9RhJ\N abP�� � a|_ � }8� � ab{bF ��FHabP�g�P�RhP�FHNOG[Lonw}8akL�_HRUPwLtI�abP8l�RUP[{kn �[FH­�ab�[{bF r ��FH­`ab��{bF G8IKabJ�lH�«�l�IK{bJmF�Ihd`n3P�RhL\FAd�}[akL�a|ly��FAlMLSL�R / lmZ8lmG�FHP8d10[G[J\R�_�FAl\lmabP�g¥RUP�lmZ�_ � I"lmFHLA}�J\FAIh_tL�akjUI�L�abP[gYakL�RUP[{knfIKT�L�FHJL � FcIKG[G�{ba|_AI�L�abRhP�RUTD��Ih_�Ëw_ � IKabP[abP�gOlML�FHG8l � IhlyT�Z�JML � FHJ�_�RUP8lML\J'IKabP[FAdªL � F�Z�P[ab¡8_AI�L�abRhP�G[J\Rh��{bF]Nf�

É�F*ab{b{bZ�lmL\J'I�L�F3L � F*G[J\F]_HFAd�abP�g©JmF]NªI�J\Ë�l�J\FH{�I�L\akjwF3L�R�L � F 0���� -'½ �<G�JmFAd�a|_AI�L\F*T�J\RhN ^`FA_tL�abRhP v� � RUlmF d�F]¡[P�akL�abRhPfa|lyJ\FHG�J\R`d[Z�_HFAd3��FH{bR��c�

0 �1� -�½ � � � �� � �� ��0 �1� -�½ � "��0¦|¦�� s ,�� " "�� � , ¦|¦!� v ,�"$#�0 �1� -�½ �%� s �&� v �

^`Z�G[G�RUl\F�P�RA� L � I�Ly�F I�J\F�abPwL�FHJ\FAlML\FAd*abP�lmRU{kj`abP�g¥L � Fc§QZ�FHJmn

0 �1� -�½ � "/ �¦|¦�(+¦|¦ � � , � " "�� (�, ¦|¦ "��+ (�, ¦|¦ � �� ,

�S� F�RUP[{kn�I�G�G[{ba|_AIK�[{bFclmL\F]G3�yakL � abPfRhZ�J+I��8lML�J�Ih_tLyabPQL�FHJ\G[J\FHL\F]JSabP*L � a|ly_AIhlmF�a|l�I"�8Ih_�Ëw_ � IKabP[abP�gYRhP�Fh��S� FcI�L\L\F]NOG�LL�R¥Z�l\F�L � F�¡�J\lmLy_H{�I�Z8lmF�§QZ[a|_'ËQ{kn3{bF�IKd�lXL�RYI�T¨IKab{bZ[J\F���akL � abP*L � F�L�F]JmN lmabNOG[{bab¡8_AI�L�abRhPG � IKlmFU��i+lmabP�g¥L � FclmFA_�RUP8d*_H{�I�Z8lmFU}[RUP*L � F�RhL � FHJ � I�P8d�}�{bF�IKd�lSL\R¥L � Fcd�a|l�IKgUJmF]FHNOF]PwL�lmFHL

vKu

Page 30:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� ���@�5 �� � �4� s �=(�¦b¦ � �� � � �4�^�6�"�?� � "�� � ,?�%"�� (�, �?� ��� v �%"�� �(�,X¦|¦ � � ��� �p�RUlML�RUTDL � F�G8IKabJ\lyabPfL � a|l�lmFHL�_AIKPf��F / lmRh{kjwFAd10��wnflmabNOG[{bFclmZ���lML�akL�Z�L�abRhP8lH� �� Z8lH}��Qn*lmZ���lML�akL�Z�L�abP[g OT�RUJR�¢} (�¦b¦ � � �T9RUJ�� s }���T�RUJ �¥}�IKP�d "��+ (�, ¦|¦ � �� !T9RhJ � v }`L � a|lSlmF�Ly_AI�P3��F�J\F]d[Z8_�FAd�L\R"L � F�lmF�L��� "�� ,?�%"�� (�, � �w� �� F¥RhP�{kn�J\F]N�IKabP�abP[g*G8IKabJ�a|l�I ��F�­�ab��{bF r �[FH­�ab�[{bF¥RUP[F"L � I�L�_AIKP[P�RKL���F¥T�Z�JmL � FHJl\abNYG�{bab¡�F]d���IKP�d�lmR¥N"Z8lMLy��F�_AI�J\J\abF]d*abPQL�R¥L � F I�L\L\F]NOG�LSL\ROlmRU{kjUF�L � F�l\Z[��ghRQIK{

" 0��1� -'½ �-"4(�¦b¦ � �� , � " " �+ �(�,X¦|¦ � �� �,_HRUJmJ\F]l\G�RUP�d[abP�g�L�R I�lmZ[akLtIK�[{knYabP�lMLtIKPwL�a�I�L�FAd"jUF]J�lmabRhPORUT�L � F���R�d`n¥RUT�L � F+lmFA_�RUP8dY_�{�IKZ8lmFh�#��R��c}UL � a|lgURQI�{_]IKP¹��F3l\Rh{kjwF]d¢�Qn�Z�l\abP[g�Lo�R�d[a���F]J\FHPQL"l\Z[�8lML�akL\Z[L\abRUP8l T�RUJ ��¦ª¿:6 "��+ !61, IKP8d¶¿:6 "��+ (�,'���P8lML'IKPQL\a�I�L\abP�g � ��akL � F]akL � FHJ�RUT6L � F]l\Fcl\Z[�8lML�akL\Z[L\abRUP8l�_ � IKP[gUFAlL � FclmL'I�L\Z8lyRUT6L � F lmZ8lmG�F]P8d�FAdfd[a|l rIKgUJmF]FHNOF]PwLWG�I�abJ£� � a|_ � L � F]P�L�Z�JmP8l£RhZ[LWL�R���FyI / ¡[{kL�FHJ*0�L � I�L#JmFM±MFA_�L�l6L � F¡�J\lmL#lmRU{bZ�L�abRUP¥�[Z[L IK_]_HFHG[L�lL � F�lmFA_HRhP8d��

«�l\lmZ�NOabP[g�L � I�L"d[a|l�I�gUJ\FHF]NOFHPQL�lmFHL'l N"Z�lML���FªJ\FHG�JmFAlmF]PwL�FAd�F�­�G[{ba|_HakL�{kn¹I�L¥_�F]JMLtIKabP¢G�RhabPQL'lH}#IKPabNOG�RhJmLtI�PQL£§QZ�F]lML�abRUP L�R�_HRhP8lma|d[FHJ£a|lDL � I�L£RUT[L � FlML�JmZ8_tL�Z�JmFXRUT[L � F]abJ£JmF]G�JmFAlmF]PwLtI�L�abRUP�� �S� FT9Rh{b{bR���abP[g_HRUP�lma|d[F]J�I�L\abRUP8lyl\FHF]NÍL�RY��F�abNOG�RhJmLtI�PQLyabP*L � a|l�_HRhPQL\FH­`L]¦

s � �S� F]lmF�lmFHL'l¥FHjwRh{kjwF�abP�_HJmF]NOFHPQLtI�{b{kn·d[Z�JmabP�g¢_HRhNOG�Z�LtI�L\abRUP�� �oP<G�I�JmL�a|_�Z�{�I�J]}S_ � I�P�ghFAlYJmFAlmZ�{kLT9J\RhN Ihd[d[abP�g©P�F�� G�IKabJ\l"L�R�IKP·F�­�a|lML�abP[g�lmFHL¥RUJ¥�Qn¹F���FA_tL�abP[g�l\Z[�8lML�akL\Z[L\abRUP8l�L � I�LYNOR�d�abT�nRUP�{kn¢lmRUNYF�G8IKabJ�l {bF�I]j`abP�g�L � F�RhL � F]J\l�Z[P8_ � IKP[gUF]d�� �S� a|l¥lmZ[gUgUF]lML'lcL � I�LYI�JmF]G[J\FAlmFHPQLtI�L�abRhPL � I�L I�{b{bR���lcIªP�F���d�a|l�IKgUJmF]FHNOF]PwL�lmFHL�L\R*J\F]Z�lmF"L � F"Z�P8_ � I�P�gUF]d�G�RUJML�abRUP�l�RUT#L � FYlmFHL�T9JmRUN� � a|_ � akL�I�J\a|lmFAlH}[NOabg � LS�RUJmË��F]{b{!abPfG�J�Ih_tL�a|_HFh�

v �2�8RhJ+F]ÀO_HabFHP8_�nfabP���IK_'ËQL\J'IK_'Ë`abP[g�}�akL�l � RUZ[{|d���F G�Rwl\lmab��{bFcL�R�J'I�G�a|d�{kn�JmFA_�J\F�I�L�F d[a|l�IKghJ\FHF]NOFHPQLl\F�L'l!L � I�LD�FHJ\FXabP FH­`a|lmL\F]P�_HFXFAIKJm{babF]J]� �� a|lD��F]_HRUNYFAl6IyG�FHJmL\abP�F]PwL£a|l\lmZ�F abT[L � F Ë`abP�d�RhT�l � IKJmabP�gd[FAl\_�J\ab��F]d*abP " s , a|lyJmF�I�{bab�]FAd3L � J\RhZ�g � d�FAlML�JmZ8_tL�akjwF�_ � IKP�ghFAlH�

« JmF]G[J\FAlmFHPQLtI�L�abRhP*T�RUJSd�a|l'I�gUJmF]F]NYF]PQLSlmFHL�lXL � I�L�lmZ�ÀO_�FAlXT9RUJXNOF]F�L�abP�g L � F�IK��RAjwF�J\F]§QZ�abJmF]NOFHPQL�la|lyRUP[F���IKlmFAd3RUPfd[RhZ���{kn3{babP[ËUFAd*{ba|lML'lL � F�FH{bF]NOFHPQL�lRUTD� � a|_ � IKJmF�G�IKabJ\lSRUT6G�RUabPwL�F]J\lL�R¥L � F�L\F]J\NOl_HRUP�lML�akL�Z�L�abP[g�L � FSG�IKabJ\l#abPYL � F�lmF�LA� ��akjwFHP¥L � I�L#L � FAlmFyl\F�L'l�IKJma|lmF�abP¥L � F�_HRhZ�J�lmFSRUT��8Ih_�Ëw_ � IKabP[abP�g�RUJ_H{�IKZ�lmF"abPwjwR`_AI�L\abRUP©IKP�d�¡�P�I�{b{kn�d[a|l�I�G�G�FAIKJ�abP�L � F�FHjUF]PQL�RUTW��Ih_�ËQL\J'Ih_�Ë`abP[g�}�L � F�{ba|lML�l�JmF]G�JmFAlmF]PwL�abP[gL � FHN)I�J\F�P8I�L\Z�J'I�{b{knµI�{b{bR�_]I�L�F]d<abP.L � F � FAIKG<abP¯I�É©«�p r {babËUF�l\F�L\L\abP�g�� �S� F�P[F]FAd¶L�R�F�­�IKNYabP�Fd[a|l�IKghJ\F]FHNOF]PwL+l\F�L'l�d[Z[J\abP�g�_HRhNOG�Z�LtI�L�abRUPfJmFA§QZ[abJ\F]lyL � I�L�L � Fc��FHgUabP[P�abP�gORUT6L � Fc{ba|lML'l�JmF]G�JmFAlmF]PwL�abP[gL � FHN���F¥JmFA_HRhJ�d�FAd�abP�N�Ih_ � abP�F¥lML'I�L�F]lH��« lmG�F]_Ha�IK{£J\FHgUa|lML�FHJ�L � I�L��F¥J\FHT9FHJ�L�R�Ihl�L � F¥{bakjUFY{ba|lML�RUJ� ��J\F]gha|lML�F]J�I�P8d�L � I�L�_HRhPQLtI�abP8l�IOJmF]T9FHJ\FHP8_HFcL�R�L � F�¡�J�lML�F]{bFHNOF]PwL�abP�L � F�{ba|lmL�I�L�F�IK_ � FH­`FA_HZ�L�abRhPG�RUabPwL�l\FHJmjUFAl�L\RªJmF�IK{bab�HF L � a|l+G[Z�J\G�RwlmFU�+�+RA�c}�L � FHJ\F"IKJmF L��RO�yIHn[l+abP�� � a|_ � IOd[a|l�IKghJ\F]FHNOF]PwL�lmF�LNOabg � L�_ � IKP[gUF d[Z[J\abP�gª_�RUNOG[Z[L'I�L�abRhP!� �6abJ�lML]}8L�F]JmN lmabNOG�{bab¡�_AI�L\abRUP�NªI]n3J\FA§wZ�abJmF�l\RhNOFcFH{bF]NOFHPQL+RhTL � F3l\F�L�L�R���F3JmF]NORAjwF]d¶IKP�d¢P�FH�ÍG�IKabJ\l¥_HRhJ\J\F]lmG�RUP�d[abP[g�L\R©lmZ���L�F]JmN�lcL � I�L¥P[F]F]d¢L�R���FªZ�P�ab¡[FAdL�R���FªIKd�d[F]d©L�RfL � F�lmFHL]� �S� F�JmF]NORAjUI�{#RUTSIfG8IKabJca|lcJ\F�I�{bab�]F]d�abP�L � a|l l\F�L\L\abP�g��wn�_ � IKP�ghabP�gfL � F/ IKT�L�FHJ*0�I�P8d / ��F]T�RUJmF�0�G�RUabPQL\F]J\lRUT!L � F�F]{bF]NYF]PQL�l RUP3F]akL � F]JSlma|d[F�RUT>akLyabPªL � F�{ba|lMLSJ\F]G[J\F]l\FHPQL'I�L�abRhP!�#«� +�,.-B24-�E7F0:=AIC�>?:=575KP :�WR36F4C]8@-I<.-B2�:=5�>.<.EK^?-B2VLN3@2]C�,.E7F]Q?:=E72 � C�,.-�F4>.n.F4C�EKC�>JC�E736< /���� LN362�� bX[O,.-B24-� E7F0:�<.-I[H6:=24E;:=n.57-=T�_3j[�-IH@-B2Bb6C�,.EKF�F4>.n.F4C�EKC�>JC�EK3@<0[ME75K5.<.3=C�n�-OAI3@<.F4E7G.-B24-BG9n@P0C�,.-O:=n.F4C�2�:=AIC�EK<DC�-B24Q.24-IC�-I2�G.-BF�AI24E7nZ-IGRE7< �Y-BAIC�E736< �JT

� 3624-MC�3]C�,.-_Q�36E7<DC$b@C�,.-B24-_E7F�<.30F4PYF4C�-BW�:SC�E7A6b@<.36< 24-BG.>.<.G?:=<DCe[O:BP9C�30F4-$:=24Ah,�L 362�>.<.EK^?-B24FeLN3@2 �?-��JEKn.57- �?- �JE7n.57-_Q?:=E724FBT

� ~

Page 31:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

l\Z[�8lmFA§wZ�FHPQLJ\F r abP8_�{bZ8lmabRUP3RUT�L � F�J\F]NYR�jwF]d�G8IKabJabPQL�R L � F�l\F�Ly_AI�P3��F�F*��F]_�L\FAd�F�IKl\ab{kn�abT6I JmF]T�F]J\FHP8_�FL�R�akL�a|l£NªIKabPwLtI�abP�FAd�}wlmRUNYFHL � abP�g�L � I�L�_AIKP¥��Fyd[RhP�FL � J\RhZ�g � I "9G�JmRUG�FHJ\{kn¥IKP�P[RhL'I�L�F]d ,>F]PwL�Jmn�abP"L � FL�J'I�ab{�lmL'Ih_�Ë�� �� F�Ihd[d[akL�abRhPªRUT!P[FH�¯G�IKabJ\lXa|lSI�{|l\R�lmabNOG�{bFh¦£F]PwL�J\abF]l T9RUJ�L � FAlmF�_AI�P3��F�_�J\F�I�L�F]dORUP�L � F� F�I�G�IKP�d�IKd�d�FAd*L\RYL � Fc��F]ghabP�P�abP[g�RhT6L � Fc{bakjwFc{ba|lMLA� �S� F lmFA_�RUP8d3�SI]n*abPf� � a|_ � IYd[a|l�IKghJ\FHF]NOFHPQLl\F�LNªI]nO_ � IKP[gUF�a|l L � JmRUZ[g � Ic��Ih_�ËQL\J'Ih_�Ë`abP[g"RhG�FHJ'I�L\abRUP�� � R"lmZ�G�G�RUJMLL � a|lSIK_�L\abRUP!}`akLSa|l P�FA_�FAl\l�IKJMnIK{|lmRªL�R3lML�RhJ\F L � F"_HRUPwL�FHPQL'l+RhT#L � F � ��J\FHgUa|lML�FHJ�abP©_ � RUa|_HF�G�RUabPwL'l�I�L�L � F L\abNOF�RhT#L � FHabJ�_HJmF�I�L\abRUP���S� F�J\F]{bF�jUI�PQL�d�a|l'I�gUJmF]F]NYF]PQL�lmFHL+_AI�PfL � FHP���FcJmFAlmZ�JmJ\F]_�L�F]d*�Qn*Z�L�ab{bab�]abP[g�abP[T9RhJ\NªI�L�abRUPfabPfL � F�L�J�IKab{lmL'Ih_�ËYL\R�J\FAlML\RUJ\F�d[FH{bFHL�F]d�G�IKabJ\lyI�P8d�Z8lmabP[g�L � F�RU{|dOjUIK{bZ[F�RUT�L � F5� ��JmF]gha|lmL\F]J L�R�JmF]NORAjwF�L � F�G�IKabJ\lIhd�d�FAd*��F�nwRhP8d3L � F�G�RUabPwL���F]abP[gY��Ih_�ËQL\J'Ih_�ËUF]dªL�R���oL a|lcabP¢G�JmabP8_HabG[{bFªG�Rwl\lmab��{bFYL�R�G�FHJ\T�RUJ\N IK{b{�L � FOG�JmR�_HF]l\l\abP[g��yakL � abP�L � FYL�FHJ\N lmabNOG[{bab¡8_AI�L�abRhP

G � IKlmF�RUTZ�P�ab¡�_AI�L�abRUP¢Z�lmabP�g�RUP[{kn�L � F � F�I�G¶IKP�d�L � F�{bakjwF�{ba|lML]��Ì�R��XFHjwFHJ]}�±MZ8d�a|_HabRUZ�lmP�FAl\l l � RhZ�{|d��F�FH­`F]J\_Ha|lmFAd�abP¢Z[L�ab{bab�HabP�g�L � F � F�I�G¹l\abP�_HFªlmG�IK_HF3I�{b{bR�_AI�L�F]d�abP¹akL���F]_HRhNOFAl�Z�P8I]jUI�ab{�IK�[{bFªZ�PwL�ab{ akLa|l�JmFA_H{�I�abNOFAd�L � J\RhZ�g � ��IK_'ËQL\J'IK_'Ë`abP[g���ɬakL � L � a|l�abP�NYabP8d�}��F"Rh�8lmF]JMjwF L � I�L�� � F]P�IOJ\abgha|d r J\abgUa|dG�IKabJSa|lFHP8_�RUZ�PwL�FHJ\FAdªd[Z�JmabP�g"L\F]J\N�lmabNOG�{bab¡�_AI�L�abRUP�}�L � F�G[J\R`_HFAl\lmabP�g¥_AI�P*��FcI�G�G[{babFAdªJ\FA_�Z�J\l\akjUF]{kn�L\RL � Fcl\Z[�[L\F]J\NOl+I�P8d�IKd�d�akL�abRUP�lyL�RYL � F � F�I�G�IKP�d*L � Fc{bakjwFc{ba|lML�P[F]FAd*P[RhL�L'IKËUF�G�{�Ih_�F�L�ab{b{6I �[FH­�ab�[{bF r��FH­`ab��{bF RhJ£I ��F�­�ab��{bF r JmabgUa|d G8IKabJDa|l>FHP8_HRhZ�PwL�F]JmFAd��6i�lmabP�gyL � a|l>a|d[F�IyJmF]{�I�L�akjwF#L�RyL � F 0 �1� -�½ �"F�­�IKNYG�{bF_HRUP�lma|d[F]JmFAd�F�IKJm{babF]J�abP©L � a|l�lmFA_tL�abRUP�}!T9RUJ�abP8lMLtI�P8_�FU}!akLcP[FA_HF]l\l'I�Jmn�L\R�_HRhPQL\F]NOG[{�I�L�F¥IKP¢IKd�d�akL�abRUP©L\RL � F � FAIKGfRUTDRUP�{knªL � F�G8IKabJ\l+IKG[G�F�I�J\abP[gOabP*L � FclmF�L

� ���@�5 �� � �4� s �=(�¦b¦ � �� � � �4�^�6�"�?� � "�� � ,?�%"�� (�, �?� ��� v �%"�� �(�,X¦|¦ � � ��� �IKP8d�P�RKL�RhT�IK{b{�L � F�G�I�abJ�lcL � I�L¥IKJma|lmF�abP¢L � Fª_HRhZ�J�lmFORUTSghF]P�FHJ'I�L�abP�g�L � a|l l\F�LA�*É � FHP¢RUP�F�RhTL � FL�F]JmN�l�abP<I�d�a|l�IKgUJmF]FHNOF]PwL¥G8IKabJ¥a|l"ËQP�R��yP.lML'I�L�a|_]IK{b{knU}#L � a|l"ËQabP8d¶RUTyG�J\R`_HF]l�lmabP[g©_AI�P·��F*JmF�IK{bab�HFAdL � JmRUZ[g � lmG�FA_�a�IK{�abP8lML\J\Z8_tL�abRhP8l3IKP�dÊI¢_�RUNOG[ab{�I�L�abRhP¯G�J\R`_HF]l�lªlmabNOab{�I�JªL\R¢L � I�L3Z�l\F]dµabP¯L � F�¡�J\lMLRUJ�d�F]J�_AIKl\Fh}>IKP�d��F¥d[a|l\_HZ�l\l�L � a|l�NªI�L\L�FHJ�abP©ghJ\F�I�L�FHJ�d[F�LtIKab{6abP�L � F�P�FH­QL�lmFA_tL�abRUP�� Ì+RA�F�jwF]JH}�L � FL��RfJmabgUa|d©L\F]J\NOl�abP¹I3G8IKabJc_AI�P¢lmRhNOFHL\abNOFAl�IKJma|l\FYd�n`P�IKNYa|_AIK{b{kn�I�P8d�L\F]JmN0lmabNOG[{bab¡8_]I�L�abRhP � Ihl�abPL � a|lX_]IhlmF+L\R���F�_AI�J\J\abF]d�RhZ[LabP / abPQL�FHJ\G[J\FHL\akjwF�0QNOR�d�FU� �oP�L � F�_HRhPQL�F�­`LXRhTDI�j`abJmL\Z�IK{�NªIh_ � abP[F+��IhlmF]dabNOG�{bFHNOF]PwLtI�L\abRUP�}�I�lmG�F]_Ha�I�{G[Z8l � d�R��yP·{ba|lML¥abP._�RUN"�[abP�I�L\abRUP¢��akL � I�P·akL\F]J�I�L�akjUFf_�R�d�F3T9J�IKgUNYF]PQL_AIKPf��F�Z8lmF]d3L�RYJmF�IK{bab�HF�L � a|ly_�RUNOG[Z[LtI�L�abRhP!�

�S� F]J\F*I�J\F3_HFHJmLtI�abP¹T9RUJmN�l RhT�d�a|l'I�gUJmF]F]NYF]PQL�G8IKabJ\l"T�RUJ � � a|_ � NORwlML�ghF]P�FHJ'I�{XZ�P[ab¡�FHJ�l"_AIKP¢��FabNONOFAd�a�I�L\F]{kn©a|d[F]PwL�ab¡[FAd���«�lmabNOG�{bF�F�­�IKNYG�{bF�RUTL � a|l Ë`abP�d¶IKJ\a|lmF]l�T�J\RhN ¡�J\lML r RhJ�d�F]J Z�P[ab¡8_]I�L�abRhP!¦gUakjwFHP"IyG8IKabJDRhT�L � F�T9RUJmN �c�@��� ��� � F]J\F � a|l6ISjUIKJma�IK�[{bF RUT�I�L�RhNOa|_£L�n`G�FXIKP8d ��a|l£IL�F]JmN�abPc� � a|_ � �d[R`F]lDP�RhLWI�G�G�F�IKJH}UIK{b{QZ�P[ab¡�F]J\lDT9RUJ>L � F G�IKabJDN"Z8lMLD��F abP8lMLtI�P8_HF]lDRhT�L � F Z[P�ab¡[F]JDL � I�L£lmZ���lmL\akL�Z�L�FAl���T9RhJ�¢��«+{kL\F]JmP�I�L\akjwFH{knw}�abT�� d�R`FAlR�_H_HZ�JSabP+�'}�T¨I�ab{bZ�JmF�abPfZ�P[ab¡8_AI�L�abRhP�_AI�Pf��F�J\FHgUa|lML�FHJ\F]d3abNONOFAd�a�I�L\F]{knw��S� a|l+RU�8lmFHJmjUI�L�abRhP�_AI�P���F gUF]P[F]J�IK{bab�]F]d�L�R�L � F � abg � FHJ r RUJ�d�F]J�_HRhPQL\FH­`L]� ��akjUF]P©IYG�I�abJ�RhTWL � F T9RhJ\N� ¿:6)�7�����'¿:6:�9�@�'¿:6)� �����'¿:6:�K� �t}W� � FHJ\F � � IKlYI�P.IKJm��akL\J'IKJMn¢Lon�G�FU}V� _AIKP¹��F3��RUZ�P�d¢L�RE��I�P8dL � a|l+G8IKabJ�_]IKP���F J\FHNOR�jUFAdfT9JmRUN L � F�l\F�L�G�JmR�j�a|d�FAd�P�F]akL � FHJ� P�RUJ�L � FcjUIKJma�IK�[{bFAl+abP ��6 � ��������6 � �IKG�G�F�I�J�abP(�'³DabPwL�FHJ\FAlML\abP�gU{knU}�L � F"jUF]Jmab¡8_AI�L�abRhP©RUT�L � F¥G�JmR�j�a|lmR*a|l�lmabNOG�{bab¡[FAd��wn�L � F¥Z8lmF¥RUT�L � FYd�FzXJmZ�a ±mP�P�RKLtI�L�abRUP��S�+RKL�F�L � I�L�L � FcR`_]_HZ[J\JmF]P8_�FcRUT�� abP`�Sd[RQFAl�P[RhL+�wnfakL�l\FH{bT#lmabghP�IK{!T¨IKab{bZ[J\FcabP�L � F� abg � F]J r RUJ\d[FHJ�_]IhlmFU�XÌ+R��XFHjUF]J]}[L � F / R�_H_HZ[J�l r _ � FA_�Ë�0[T9J\RhN L � Fc¡�J\lML+RUJ\d[F]J�_AIhlmF _]IKP���FcgUFHP�FHJ'IK{bab�HFAdL�R*I / J\abgUa|d�G�I�L � _ � FA_�Ë�08L � I�L�d�FHL�F]_�L�l�L � F�abNOG�Rwl\lmab��ab{bakLon�RhT#Z[P�ab¡8_]I�L\abRUP�abP�lmRUNOF�_]IhlmFAl�IKP�d�L � I�Ll\abNYG�{bab¡�F]l+L � F¥lmF�I�J�_ � T�RUJ�Z�P[ab¡�F]J\l�abP�RhL � FHJ�_]IhlmFAl+�Qn��[abP8d[abP[g�� L�RfIYL\F]J\N L � I�L�J\FHG�JmFAlmF]PwL'l�IKPabP�akL�a�I�{ / lmFA_tL�abRhP 0`RUT��XIKP�d3�wn*IKd�d�abP�g"G�IKabJ\lL\R�L � F�d�a|l'I�gUJmF]F]NYF]PQLSlmFHLXL�R"JmF]G�JmFAlmF]PwLL � F�JmF]NªI�abP�abP[g

� s

Page 32:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

_HRUP�lML�J'I�abPQL�l+RUP�Z�P[ab¡�F]J\lH��^QRUNOF ��F�­�ab��{bF r �[FH­�ab�[{bF�G8IKabJ�l�_]IKP©I�{|lmR���F"lmRh{kjwFAd��Qn*L � a|l+G�JmR�_HF]l\l]� �8RhJFH­�I�NOG�{bFh}DL � F�G8IKabJ���� �=�"��L � I�L"IKJmRwlmF�abP¢L � F�_HRUPwL�F�­`L RUTL � F 0���� -'½ �¶FH­[IKNOG[{bFª_]IKP���FªlmRU{kjUFAdabP�L � a|l+NªIKP[P�F]JH��i+l\abP[gªRh�8lmF]JMjUI�L\abRUP�l�lmZ8_ � Ihl�L � F]l\F JmFAd�Z8_HF]lyL � F P�F]F]d�L\Rª_HRUP�lma|d[F]J�L � F ghF]P�FHJ'I�{abNOakLtI�L�abRUP�IKP�dfG[J\R�±mFA_tL�abRhP�lmZ���lmL\akL�Z�L�abRUP�l�IKP8d � F]P8_�F I�{|l\R¥L � F I�L\L\F]P8d�IKPwLy��R`RhË`ËhF]F]G[abP�gOlML�FHG8lH� �oPL � FX_]IhlmF RUT�L � F 0 �1� -�½ �Y§QZ[F]JmnU}�L � FXd[a|l�IKghJ\FHF]NOFHPQL6l\F�L£_]IKP abP�T¨IK_�LD��F J\FAd�Z8_�FAd�L�R"� � "�� ,?�%"�� (�, � ��Qn�L � FAlmF�NOFAIKP8lH��^QabgUP[ab¡8_AI�PQL\{knw}�¡[J�lML r RUJ\d[F]JSZ[P�ab¡�_AI�L\abRUPf_]IKP*��F�lmRh{kjwFAd3abNYNOFAd�a�I�L�FH{kn�Z8lmabP[g"L � F]lmFRU�8lmFHJmjUI�L�abRhP8lH��e#NOG�abJma|_AI�{XlML�Z�d[abF]l abP8d�a|_AI�L�FOL � I�L"If{�IKJmgUFªPQZ�N"��F]JcRhTL � F�Z[P�ab¡8_]I�L\abRUP¹G[J\Rh��{bF]NOlL � I�L IKJma|l\FSF�jwFHP¥abP¥L � F � abg � F]J r RhJ�d[FHJ�_�RUPQL\FH­QL#T°IK{b{[abPQL\R�L � a|l#_AI�L�FHgURUJMn � v � � }wlmZ�gUghFAlML�abP[g�L � FSghF]P�FHJ'I�{abNOG�RhJmLtI�P8_�F�RUT6abP�_HRhJ\G�RhJ'I�L�abP�g¥L � F]lmF�RU�8lmFHJmjUI�L�abRhP8lSabPQL\RªI�PfabNOG[{bF]NOFHPQL'I�L�abRhP!���

�S� F3IKG�G[J\RhG�J\a�I�L�FOL�abNOFOL\R�_HRUP�lma|d[F]J�lmZ8_ � lmZ[�8lML�akL\Z[L�abRhP8lca|l"d�Z�JmabP�g�L � FOL�F]JmN lmabNOG[{bab¡8_AI�L�abRhPG � IKlmFU�fE�RhabP�g�L � a|l�IKP�d¹I�{|l\R���FHabP�g�_�RUP8lmFHJmjUI�L�akjUFOabP�L � F3IKd�d[akL\abRUP�lcL�RfL � F � FAIKG�P�RA�Í_AIK{b{|lcT9RhJL � FcZ8lmFcRUT6L��XR�G[Z8l � d�R���P�{ba|lML'lH� �S� F ghF]P[F]J'I�{6l\_ � F]NYF��RhJ\Ë`l�Ihl�T�RU{b{bRA�+lH� �S� F�lmabNOG[{bab¡8_AI�L�abRhP�RhTI3d�a|l'I�gUJmF]F]NYF]PQL�lmFHL�G[J\R�_�F]F]d�l�IKl���F]T9RhJ\F��yakL � L � F"Z8lmF"RhT#L � F"¡�J\lmL�G�Z8l � d[R��yP�{ba|lMLA}�F�­[_HFHG[L�L � I�LL � F�G�JmR�_�FAl\l�N�I]n¥P[R��¬IK{|lmR abPwjwRh{kjwF+NªI�Ë`abP�g���abP8d�abP�gUl�L�R�jUIKJma�IK�[{bFAlH�£É � F]P¥L � F�G�JmR�_�FAl\l / ��RKL\L�RhN�lRUZ[L*0��yakL � I ��FH­`ab��{bF r ��F�­�ab�[{bF"RUJ ��F�­�ab�[{bF r JmabgUa|d�G8IKabJH}�L � a|l�a|l+G�Z8l � FAd�RUPwL�R�L � FcL�RUG�RhTWL � F"lmFA_�RUP�dG�Z8l � d[R��yPª{ba|lmLXabP8lML�FAIhdORUT�L � F � F�I�G!�6É � F]P3IK{b{�L � F�G8IKabJ�l abP�L � F�RhJ\abgUabP8IK{�d[a|l�I�gUJ\FHF]NOFHPQLXlmFHL � I]jUF��F]FHP"l\abNYG�{bab¡�F]d�}KakL£a|l£_ � F]_'ËUF]dc� � FHL � FHJ#I�PQn���abP8d�abP�gUl6�XF]J\F NªIhd�F abP�L � F_�RUZ�J\lmFXRUT�lmabNOG�{bab¡�_AI�L\abRUP����T!P[R��[abP8d[abP[gwl��FHJ\F�NªIKd[FU}wL � F+G8IKabJ�l abP�L � F�lmFA_�RUP�dOG�Z8l � d[R��yPª{ba|lMLyIKJmF+L�J�IKP�l\T�F]JmJ\FAdYL\R L � F � F�I�GIKP8d�abP�_H{bZ8d�FAd�abP�L � F�{bakjUF#{ba|lmL]� ��To}�RhP�L � FWRhL � F]J � IKP�d�}KIKPQn���abP�d[abP�gUl��FHJ\F#NªIKd[FU}]L � F�lmabNOG[{bab¡8_AI�L�abRhPG�J\R`_HF]l�l a|lJmF]G�FAI�L\FAdO�yakL � L � F�d[a|l�I�gUJ\FHF]NOFHPQLl\F�L��F]abP�g�gUakjwFHP3P�RA�¬�QnOL � F�{bakjwF�{ba|lML�I�P8dOL � F�G�IKabJ\labPfL � FclmFA_�RUP8d3G[Z8l � d�R��yP�{ba|lML�IKP�d3L � F�J\Rh{bFAlSRUTDL � F�Lo�RYG[Z8l � d�R��yP�{ba|lML�ly��F]abP[gOJmFHjUF]J�lmF]d��

� ��� ��� � ���*%������ "��� ���*�� ��������� ����� ����� � �)�������

«�d�F]G[L �[r ¡�J�lMLªIKG[G�JmRQIh_ � L\R�FH­`G�{bRhJ\abP�g¹IK{kL\F]JmP�I�L\akjwF]lOabP<Z�P[ab¡8_AI�L�abRhPµJmFA§QZ[abJ\F]lYL � I�L�abP�T�RUJmNªI�L\abRUP��FcJ\FA_�RUJ\d[FAd�I�L+��J�IKP�_ � G�RUabPwL'lyL � I�L�a|l�lmZ�ÀO_HabFHPQL+T�RUJ�J\F]_HJ\FAI�L\abP�g�lmL'I�L\F�IKP�d�T�RUJ+d[FHL\F]JmNOabP�abP[gYL � FJ\F]N�IKabP�abP[gªG�Rwl\lmab��ab{bakL�abF]l�Z�G�RUP���Ih_�ËQL\J'Ih_�Ë`abP[g�� �S� F�lMLtI�L\F abP�T�RUJ\N�I�L�abRhP�_AI�P�Ih_�L\Z�I�{b{kn���F T¨IK_�L�RhJ\F]dabPQL�R�Lo�R3_�RUP�_HF]G�L�Z8IK{DË`abP�d�lH¦SL � I�L�� � a|_ � G�F]JMLtIKabP�l�L�R3_�{�IKZ�l\F�Z�l'I�gUF abP�L � F ��Ih_�Ëw_ � IKabP[abP�gªNOR`d[F]{RUT�_HRUNYG�Z[L'I�L\abRUPªI�P8dYL � I�L�� � a|_ � J\FH{�I�L\FAl�L\RcL � F�Z�P[ab¡8_AI�L�abRhP�G�J\Rh��{bFHN�}`lmZ8_ � Ihl#L � F+d[a|l�IKghJ\FHF]NOFHPQLl\F�L�IKP�d¶L � F*G�I�abJYRUT �[FH­`ab��{bF�I�P8d¶JmabgUa|d¶L�FHJ\N�l�L � I�LOIKJmFfZ[P8d[FHJY_HRhP8lma|d[FHJ'I�L\abRUP<I�L�I�G8IKJML�a|_HZ[{�IKJ±mZ�P�_�L\Z�J\Fh�#«+l��F � IHjwF�I�{bJ\FAIhd�nYP�RKL�FAd�}QL � F�I�G�G[J\RQIK_ � L � I�LX�XF�G�JmRUG�RwlmF+L\R�Z8lmF+a|lXRhP�F�L � I�LSlmRU{kjUFAlZ�P�ab¡�_AI�L�abRUP�G�JmRU��{bFHN�l#L�RcL � F�FH­QL�F]PwLXG�Rwl\lmab��{bF+��F]T�RUJmF�_�RUPQL\F]NOG[{�I�L\abP�gc��Ih_�Ëw_ � IKabP[abP�g�lML�FHG8lH����akjUF]PL � a|lXlmL\J'I�L�F]gKnw}`abP*lmakL�Z8I�L\abRUP8l�� � F]JmF�gUFHP`Z[abP�F � abg � F]J r RhJ�d[FHJXZ�P�ab¡�_AI�L�abRUPªa|labPwjwRU{kjUFAd�}�I l\F]§QZ[F]P8_�F�RhT��J'I�P8_ � G�RhabPQL'l�IKJ\F�{babËhF]{kn3L�RY��FcghF]P[F]J'I�L�F]d*T9RhJS� � a|_ � L � FclMLtI�L�F�abP�lmRUT¨I�J+IhlyakL+G�F]JMLtIKabP�lSL�RO_H{�IKZ�lmFZ8l�IKghF¥a|l�a|d[F]PwL�a|_]IK{¨� �� Z�l]}�abT�L � a|l�abP�T9RhJ\NªI�L�abRhP�a|l�JmF]G�JmFAlmF]PwL�F]d�lmF]G�I�J'I�L�F]{kn�T9JmRUN L � F"J\FAlML�RUT#L � F��Ih_�ËQL\J'Ih_�Ë`abP[g�d�I�L'I�}[akL���F]_HRUNYFAlG�RUl\l\ab�[{bF�L�ROl � IKJ\F�akL+Ih_HJmRwl\lSNORUJmF�L � IKPfRUP[F���J�IKP�_ � G�RUabPwLA���P�{babg � L>RUTQL � F IK��R�jUF�Rh�8lmF]JMjUI�L�abRUP�lH}A�XF�G[J\RhG�RwlmFWL�RyJmFA_HRhJ�d�abP�T�RUJmNªI�L\abRUP�JmF]{bF�jUIKPwL!L\R��[J'I�P8_ � abP�g

abPOZ[P�ab¡�_AI�L\abRUPYabPYLo�R�{�IHnwFHJ�lWL � I�LW�FSJ\F]T�F]J£L�R�}UJ\FAlmG�FA_�L\akjwFH{knw}`IKlWL � Fyl � IKJmFAd¥G�I�JmLXI�P8d�L � FSjhIKJ\a�I���{bF� +�,.- >.F�-m36LVC�,.E7F^?24F4C [email protected]`5KE�6- Q.243DAB-BF�F4E7<.8 E7< C�,.- ,.E786,.-B2 3624G.-B2�A$:=F�-mE7F�G.-BQ�-B<.G.-B<@C 36<�H=:=24E;:=n.57-BF�nZ-IE7<.8

W :=E7<@C�:6EK<.-BG E7< :=< � �� 24-BG.>.AB-IG �XL 3624W :=<.G AB:624-RE7<mC�,.-�AB36WRQ.E75;:SC�E736<mQ.243YAB-BF4FVE7F]C�,.-B24-IL 3624-�<.-B-IG.-BG C�3`Q.24-BF4-B2�H@-�E C�F:6Q.Q.5KE7A$:=n.E757EKCcP@T_<.36C�,.-I2ME7<DC�-I24-BF4C�E7<.8RQ�3@F4F�E7n.EK57EKC�P E7FOC�3R-��YC�-I<.G`C�,.E7F �DE7<.G`36L Q.243DAB-BF4F�E7<.8RC�3RE7<.AB57>.G.-V:R24EKAh,.-B2OAB5;:=F�FM36L>.<.EK^?A$:SC�E736< [email protected]�F_C�,?:=C�:=57F�3),?:BHD-9:�<.3@< n.2�:=<.Ah,.E7<.8Ah,?:=2�:=AIC�-B2�:=<.G�C�,?:SC],?:BHD- n�-B-B< [email protected]�H@-BG C�3)AI3jH@-B2�W�36F4C>.F�-BLN>[email protected]�:=W�WRE7<.8�:=Q.Q.57E7AB:=C�EK3@<.F!36LD,.E786,.-B2 3624G.-B2X>.<.EK^?AB:=C�EK3@<�� ���� TX+O,.EKF!W�:SC4C�-B2�E7F�AB>.2424-B<@C�5KP�>.<.G.-B2!E7<DH@-BF�C�E78@:SC�E736<�T

� v

Page 33:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

G�IKJMLA�£«�l\lmZ�NYabP�g�I�É©«�p lmLon�{bFS_HRhNOG�ab{�I�L�abRUP�NOR�d�F]{¨}KL � FNORUlmL#I�G�G�JmRUG[J\a�I�L\F6±MZ�P�_�L�Z[J\FyI�L£� � a|_ � L\R_HRUP�lma|d[F]JDghF]PQZ�abP�F � abg � FHJ r RhJ�d�F]JDZ�P[ab¡8_]I�L�abRhP a|l>J\abg � LWIKT�L�FHJ£Iy_HRhNOG�ab{bF]dcT�RUJ\N RUT`L�FHJ\N�lmabNOG[{bab¡8_AI�L�abRhPIKË`abP�L�Rf¡�J�lML r RUJ\d[FHJcZ�P[ab¡8_AI�L�abRhP � Ihl���F]FHP¹_]IKJmJ\abFAd�RUZ�L J\FH{�I�L\akjwFYL�RfL � F � F�Ihd©RUTXL � F�_�{�IKZ8lmFªI�P8d��F]T�RUJmFSIKP¥I�L\L�FHNOG[L>a|l6NªIhd�F�L�R�l\Rh{kjwF�L � FX_H{�I�Z8lmFX��R�d`nw�6«L6L � a|l£lML'IKgUFh}KabT[L � F!� �YJmF]gUa|lML\F]J6abP�d[a|_]I�L�F]lI�P[RUP�FHNOG[Lon¢d�a|l'I�gUJmF]F]NYF]PQL"lmFHLA}£L � F3¡�J\lmLYIh_�L\abRUP¹�XRUZ[{|d¶��FªL�R©_�J\FAI�L�F�L � F*l � I�J\F]d¹G�I�JmL¥RhTyL � FZ�P�ab¡�_AI�L�abRUP.�[J'IKP�_ � G�RUabPQLYJ\F]_HRUJ\d�l"L � I�LOlML�RhJ\F]lY_H{�I�Z8lmFfZ�l�IKgUF*abP[T9RhJ\NªI�L�abRUP��.p�RUJmFfl\G�FA_�ab¡8_AI�{b{knw}L � a|lSG�IKJMLy�XRUZ�{|d*J\FA_�RUJ\d�I�Ly{bF�IKlmLyL � F�T�RU{b{bRA��abP�gOlMLtI�L�F�d8I�L'I�¦

� �S� F�G�J\RhgUJ�IKN G�RhabPQL\F]JyL � I�L+d[FHL\F]JmNOabP�F]lSL � FcabP8lML�JmZ8_tL�abRUP*L�RO��F F�­�FA_�Z[L\FAd*Z�G�RUP�l\Z�_]_�FAl\lmT9Z�{_HRUNYG�{bFHL\abRUP*RhTDL � a|lyG � IhlmF�RhT6Z[P�ab¡8_]I�L\abRUP!�

� «�G�RUabPwL�F]JSL\R¥L � F�NORUlMLyJmFA_HFHPQLyF]PQj`abJ\RhP�NOFHPQLyJ\F]_HRhJ�d��

� �S� F _HRhPQL\abP`Z�I�L�abRhP�G�RUabPQL\F]JH³8L � a|l�a|l�J\FH{bFHjhIKPQL+abPfL � Fc_AIhlmFcRhT#_�{�IKZ�l\F]ly�yakL � IKP�I�L\RUNOa|_���R`d�nT9RUJ� � a|_ � IKPfF]Pwj�abJmRUP�NYF]PQLyJmFA_�RUJ�d*d[RQFAlyP[RhL�F�­�a|lML+_�RUPwLtIKabP[abP�g¥L � a|lSabP�T9RhJ\NªI�L�abRhP!�

� «+J\ghZ�NOFHPQL JmF]gha|lmL\F]J\l�L � I�L P�FHFAd©L�R���FOG�JmFAlmF]JMjwFAd�T9RhJ Z�lmF�abP�L � FO¡[J�lML�ghRQI�{ abP�L � F�_H{�IKZ�lmF��R�d`nw�

«�d�d�akL�abRhP�IK{UabP�T9RhJ\NªI�L�abRhP�NªIHn � I]jUFWL�Ry��F#J\F]_HRhJ�d[F]d�abP�L � a|l!G8IKJML6d�F]G�F]P8d�abP�g�RhP IKZ[­`ab{ba�IKJMn�{�IKP[gUZ�I�gUFT9F�I�L�Z[J\FAlH� �8RhJ FH­[IKNOG[{bFU}6abP¶I*T9J�IKNOF��RhJ\Ë�L � I�L G�FHJ\NOakL�l�L � F�Z�l\FORUTXL � F � ½ � _�RUPwL�J\Rh{ G[J\abNOakL\akjwFh}L � F _HRhPQL\F]PQL�lyRUTDL � F _HZ�L+G�RhabPQL+J\FHgUa|lML�FHJ�L � I�L�abP8d[a|_]I�L\FAlyL � Fc��IK_'ËwL�J'IK_'ËQabP�gOG�RUabPwL�Z[G�L\RY� � a|_ � L\RF]{babNOabP8I�L�F�_ � RUa|_HF]lSP�F]F]d�lL�RY��FclML�RhJ\FAdfIhlS�XF]{b{¨�X^`abNYab{�IKJ\{knU}�akL � IhlS��FHF]P*T9RUZ[P8d3Z8lmF]T�Z�{�L\RYghakjwF�L � FG�J\RhgUJ�IKNONOFHJ�d�n`P�IKNYa|_"_�RUPwL�J\Rh{6RAjwF]J+� � F�L � F]J�G�JmRK±mF]_�L\abRUP�RUJ�abNYakLtI�L\abRUP�lmZ���lmL\akL�Z�L�abRUP�l�IKJmF L�Rª��FL�J\abF]d¢¡�J�lML ��akL � abP � abg � F]J r RUJ\d[FHJ�Z�P[ab¡8_]I�L�abRhP!� ��P¢L � a|l�lmakL�Z8I�L�abRhP!}£L � F�J\FHgUabNOFHP¢abP¹F*��F]_�L¥I�L L � a|labP8lMLtI�P8_HF�l � RUZ[{|d�IK{|lmRY��FclML\RUJ\F]d*abP*L � Fcl � IKJmFAd*G8IKJML�T9RhJy{�I�L�FHJyJmFAlML�RhJ'I�L\abRUP��

¤�P8_HFcL � F�l � IKJmFAd�G8IKJML�L � I�L � Ihl+��F]F]P�_HRhP8lML�JmZ8_�L\FAd�}�IOgh{bRU�8IK{6JmF]T�F]J\FHP8_�FcL�RªakL�a|l+NªI�abPQLtI�abP�F]dabP I¶lmG�F]_Ha�I�{�J\FHgUa|lML�FHJ3L � I�L3�F�J\FHT9FHJ3L\R.IhlªL � F � � �·J\F]gha|lML�F]JH��V RUNOG[Z[L'I�L�abRhP¬P�RA��G[J\R`_HF]F]d�lL�R�lmabNOG[{babT�n�abP[g�L � F�d�a|l�IKgUJmF]FHNOF]PwL lmFHL"I�P8d�}6FHjUF]PwL�Z�I�{b{knw}>L�R�G[a|_'Ë`abP[g�I ��F�­�ab�[{bF r JmabgUa|d�G�I�abJc� � RUlmFabNOakLtI�L�abRUP·I�P8d¢G�JmRK±mF]_�L\abRUP¶lmZ��8lML\akL�Z[L\abRUP�l � I]jUFªL\R���FªFH­[IKNOabP[FAd���«+T�L�F]J"lmZ8_ � I�G8IKabJ � Ihl���F]FHPd[FHL\F]JmNOabP�F]d*IKP�dfI"lmZ���lML�akL�Z�L�abRhP*T�RUJakL � Ihl��F]FHPflmF]{bF]_�L\FAd�}�abP�T�RUJmNªI�L\abRUP3N"Z�lMLS��F�{bF]T�Ly��F � abP�d3T9RhJFH­�I�NOabP�abP[gOL � F J\F]N�IKabP�abP[g3IK{kL\F]J\P8I�L\akjwFAl�abP�_]IhlmF RUTW�8Ih_'ËwL�J�Ih_'ËQabP�g[� �� a|l�d8I�LtIYa|l+F]P�_HR`d[FAd�abP�L � FjUIKJma�IK�[{bFcG�I�JmL�RhT6Z[P�ab¡8_]I�L\abRUPf��J�IKP8_ � G�RUabPwL�JmFA_HRhJ�d[lSL � I�L+_�RUNOG[J\a|lmFAlXL � F�T9Rh{b{bR��yabP�gO_HRhNOG�RhP�F]PwL'lH¦

� �S� F � F�Ihd[lSRUTDL � F ��FH­`ab��{bF IKP�d*J\abgUa|d3L\F]J\NOlL�RhgUF�L � FHJS�yakL � L � F]abJSL�n`G�FAlH�

� ��P�T�RUJmNªI�L\abRUPµd[FHL\F]JmNOabP�abP[g�� � I�L*lmZ���lML�akL�Z�L�abRhP8l�J\FHNªIKabP<L\R¹��F�L�JmabFAd���«�lmabNOG[{bF��yI]n.L\RF]P8_�R�d�F�L � a|l�a|l��Qn�J\F]NYF]N"��F]J\abP[gOL � F"PQZ�N"��F]J+RUT#G�JmRK±mF]_�L\abRUP�lmZ��8lML\akL�Z[L\abRUP�l�IK{bJmF�Ihd`n�L�JmabFAd�³L � FOIhd[d[akL�abRhP�I�{#Ë`P[R��y{bFAd[ghFYRUT � � F�L � FHJ�abNOakL'I�L\abRUP�RhJ�G�J\R�±mF]_�L�abRhP�lmZ���lML�akL�Z�L�abRhP8lcIKJmFY��FHabP�gL�J\abF]d*¡�J�lML�_HRUNYG�{bFHL\F]{kn3d�FHL�FHJ\NOabP[FAlXL � FcIK{kL\F]J\P8I�L\akjwFAlS{bFHT�LA�

� �S� F"_�RUPQL\F]PwL'l+RUT£L � F � ��J\FHgUa|lML�FHJ�L � I�L���ab{b{6��F�Z8lmFAd�abP�_HRhP8lmRUJML���akL � L � F�abP�T�RUJ\N�I�L�abRhP�abPL � F�L�J�IKab{>lML'Ih_'ËOL�R¥J\FAlML\RUJ\F�L � Fcd[a|l�I�gUJ\FHF]NOFHPQL�lmFHLyRUP*��Ih_�ËQL\J'Ih_�Ë`abP[g����

�B+�,.E7FMAB36W�Q�36<.-B<DC_<.-I-BG.F�:=57F�39C�3�nZ-0:6G.G.-IG`C�3RC�,.-V>.F�>?:=5��������� Og��Nl����� ��������]36L C�,.-�� � C�,?:SC_F4C�3624-BFMEK<.L 362 W :SC�E736<LN362On?:=A �@C�2�:=A �DE7<.8R3jH@-B2�AB5;:=>.F�-�Ah,.36E7AI-BF$T

���

Page 34:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� ²6RhabPQL�FHJ�lXL�R¥L � F�L\RUGfRhT>L � F � FAIKG�I�P8d3L � F�L�J'I�ab{!lMLtIh_�ËOL � I�L�d[F�L�FHJ\NOabP[F�L � F�lML'I�L�Z�lSRhT>L � F]lmFd8I�L'IYI�J\F�IKlH�

� �S� Fc_�RUPQL\F]PwL'lSRhTDL � F � � �OJ\F]gha|lML�F]JyT�RUJyJmFAlML�RhJ\abP[g�_�{�IKZ�l\F�_HRhPQL�F�­`LyRUPf�8Ih_�ËQL�J�Ih_�Ë`abP�g[�

� « G�RUabPQL\F]JXL\ROIcJ\FA_�RUJ\dªRUT!L � F�G[J\F]_HFAd�abP�g"��J�IKP8_ � G�RhabPQLSabPf_�RUNOG[Z[L'I�L�abRhP!}QL�R���F�Z�l\F]d�� � F]PIK{b{DI�{kL�FHJ\P�I�L�akjUFAl+I�LyL � a|lylmL'IKghF � IHjwF���F]FHPfFH­ � IKZ�lmL\FAd��

«+{kL � RUZ[g � L � F � FAIhd�lDRhT�L � F���F�­�ab�[{bFyI�P8d J\abgha|d�L\F]JmN�l6lmZ�ÀO_�FXT9RhJ6gUF]P[F]J�I�L�abP[g�IK{b{QL � FSlmZ[�8lML�akL\Z[L�abRhP8lH}_HF]JMLtI�abP¶RhG�FHJ'I�L\abRUP�l � IHjwF�L\R���FªJ\FHG�F�I�L�F]d¢RUP¢L � FAlmF�abP¶FAIh_ � _]IhlmFU� �S� Z8lH}£L � F3�[abP8d�F]J�RUTyFHjUF]JMnl\Z[�8lML�akL\Z[L\abRUPÊL � I�L�a|l�_�RUP8lML\J\Z8_tL�F]d¬a|lfa|d�F]PwL�a|_AI�{¨� ^`abNOab{�I�J\{knw}+L � F�jwF]_�L�RhJfRhT¥IKJmgUZ[NOF]PwL'l3RUTcL � FgUF]P[F]J�IK{DIKJmgUZ�NYF]PQL�lSRhT6L � FclmZ���lmL\akL�Z�L�abRUP*L\F]J\NOl�IKJmF�a|d[F]PwL�a|_]IK{!��RKL � ��akL � abP�IYlmabP[gU{bF lmZ���lML�akL�Z�L�abRhPIKP8d¥Ih_�J\RUl�l6L � FabNYakLtI�L\abRUPYI�P8d�G�JmRK±mF]_�L\abRUP8lH� �6abP�IK{b{knU}hL � F LtIKJmgUF�LWLon�G�FXRUT�L � F���FH­`ab��{bF � F�Ihd�a|l£Z8lmF]dJ\F]G�F�I�L�FAd�{kn�abP¢d[F�L�FHJ\NOabP[abP�g*L � FªIKG[G�J\RhG�Jma�I�L�FHP�F]l�l�RUTXF�Ih_ � G�JmRK±MFA_�L\abRUP¢lmZ[�8lML�akL\Z[L�abRhP!�3«�l\lmZ�NYabP�gL � F3IK_]_�F]G[L'IK�[ab{bakL�n�RhTL�J�Ihd[abP[g�R��<lmG�IK_HF�T9RhJcL�abNOFh}DL � F]lmFª_HRUNYG�RUP[F]PwL'l�NªI]n©��Fª_�RUNOG[Z[L�F]d�RhP8_�F� � FHPªL � F+jhIKJ\a�I���{bF�G8IKJMLSa|lXl\F�LZ�G*IKP�dªJmF]T�F]J\FHP8_�FAl�L�R L � F]N NªIHnY��F�l�I]jwF]d�T9RUJ {�I�L\F]JZ�l\Fh� �� a|lXa|lH}abP�T°Ih_tLA}[L � F�_HRUZ[J�lmF IKd[RhG[L�F]d3�yakL � abP*L � F©¸8º�»M¼t½`¾ abNOG[{bF]NOFHPQL'I�L�abRhP!�

�S� FOlmZ8_H_HFAl\lmT9Z[{#lmF]{bFA_tL�abRhP�RUTI*l\Z[�8lML�akL\Z[L\abRUP©�yakL � abP�L � FYZ�P[ab¡8_]I�L�abRhP�G�J\R`_HF]l�l�a|l�T9Rh{b{bR��XFAd©�QnIKP�RKL � F]J¥L\F]JmN lmabNOG�{bab¡�_AI�L�abRUP·G � IKl\Fh�-��T�L � FHJ\Ffa|lOI�P�RhL � FHJ ��FH­`ab��{bF r J\abgha|d·G�IKabJ¥abP·L � F*JmFAlmZ�{kL\abP�gd[a|l�IKghJ\F]FHNOF]PwL"lmFHLA}WT�Z�JML � FHJ"l\Z[�8lML�akL\Z[L\abRUP8l N"Z�lML"��FªG�RwlmakL�F]d�}W{bF�IKd[abP[g�L�R�L � F3lmFHLmL�abP[g�Z[G¹RUTSL � FjUIKJma�IK�[{bF G8IKJmL+RUTWI�P�RhL � FHJ�Z�P[ab¡8_AI�L�abRhP��[J'IKP�_ � G�RUabPwL�JmFA_HRhJ�d���+RKL�F�L � I�L�L � F l � IKJ\F]dfG�I�JmL+RUTDL � a|lJ\FA_�RUJ\d�}DG�RhabPQL\FAd©L\R��Qn�L � F�� � ��J\FHgUa|lML�FHJ]}Da|l�L � F�l�I�NOF�IKl�L � I�L T�RUJ�L � FOG�JmFHj�abRhZ8lclmZ8_ � JmFA_HRhJ�d���S� a|l¥G�J\R`_HF]l�l¥_HRhPQL�abPQZ�F]l"L�ab{b{SFHjUF]PQL\Z�I�{b{kn.I�T°IKab{bZ[J\Ffa|l¥FHP8_HRhZ�PwL�F]JmFAd¶RhJ¥L � Ffd[a|l�IKghJ\FHF]NOFHPQLYl\F�LYa|lJ\FAd�Z8_�FAd�L�R�I�lmRh{kjwFAd�T9RhJ\N�� �oP¹L � F�{�I�L\L\F]J"_AIKlmFU}W_HRUNYG�Z[L'I�L\abRUP¹_HRhPQL\abP`Z�F]lc��akL � I�P.I�L\L\F]NOG�L L\Rl\Rh{kjwF�L � F�P[FH­`L "°G[J\FAd�a|_AI�L�F�, gURwIK{�L � JmRUZ�g � I"��IK_'ËU_ � I�abP�abP[gYG�JmR�_�FAl\lH�

�S� F]J\F�a|lH}£RhTy_HRhZ�J�lmFh}6L � F�G�Rwl\lmab��ab{bakL�n�RUTST°IKab{bZ�JmF*I�{bRUP�g�L � F�G8I�L � _�Z�JmJ\F]PwL�{kn���F]abP�g�FH­`G�{bRUJmFAd����P�L � a|l�_]IhlmF"��Ih_�ËQL\J'Ih_�Ë`abP[g3N"Z8lML�LtI�ËUF"G�{�IK_HF�L�RªL � F�NORwlML�J\F]_HF]PwLc_ � Rha|_HF"G�RUabPwL�FHakL � F]J�abP�_H{�IKZ�lmFl\FH{bFA_tL�abRUP�RUJcabP�Z�P[ab¡8_AI�L�abRhP!����P�RUJ�d�F]J�L\R�d[FHL\F]JmNOabP�F¥L � F�IKG�G[J\RhG�J\a�I�L�F�lmZ�_ � G�RUabPQL]}>L � FOJ\F]_HRUJ\d�l_HRUJmJ\F]l\G�RUP�d[abP�g�L�R�L � F]N�I�J\Fy_ � IKabP[FAd"abPwL�R�RhP�FS{babP[F�IKJ#lmFA§QZ[F]P�_HF��IhlmF]d"RUP"L � F]abJ�IKgUF�I�P8dYI�G�RUabPQL\F]JL�R�L � F NORwlMLDJmFA_�F]PQLDRUP[F a|lDG�{�Ih_�FAd�}UIhl>abPcL � F�É©«�p¢}AabP L � F ��RUJD�8Ih_�ËQL�J�Ih_�Ë�JmF]gUa|lML\F]J]�6�+RA�c}h_�F]JmL'IKabPIh_�L\abRUP�l]}8lmZ8_ � IhlSL � F�Z�Pw��abP8d�abP�gORUTDL � F�L�J'I�ab{DlMLtIK_'Ë�}�L � FcJmFAlmFHLmL�abP[gORhTDL � Fcd�a|l'I�gUJmF]F]NYF]PQL�lmFHL�I�P8dJ\FA_�R�jUF]Jmn�RhT � F�I�G¢lmG8Ih_HFh}£I�J\FYa|d[FHPQL\a|_AIK{#JmF]gQI�J�d�{bFAl\l�RUT � � FHL � FHJ _�RUNOG[Z[L'I�L�abRhP©J\F�L�Z�JmP8l�L\R*L�Jmn`abP�gIKP�RKL � F]J�_�{�IKZ�l\FSRUJ�IKP�RKL � F]JWZ�P[ab¡�FHJXI�P8d¥_AIKP¥��Fy_]IKJ\JmabFAd¥RUZ�L�Z[P�abT9RhJ\NO{kn �yakL � I�{bakL\L\{bF�_HR`RhJ�d�abP�I�L\abRUPabP�L � F�lML�J\Z�_�L\Z�J\F]l�RUT£L � F J\F]_HRhJ�d�l+_�RUJmJ\FAlmG�RUP8d�abP�gOL�ROL � FAlmF d[a���FHJ\FHPQL�Ë`abP�d�l+RUTW�8Ih_�ËQL�J�Ih_�Ë*G�RUabPQL�lH�Ì+R��XFHjUF]J]}>RhL � FHJ Ih_tL�abRhP8lH}DlmZ8_ � Ihl�L � FYgUFHP�FHJ'I�L\abRUP©RUTSI�P�RKL � FHJclmZ���lML�akL�Z�L�abRhP�RUJ�L � FOlmF]{bF]_�L�abRhP�RhTIKP�RKL � F]J#_H{�I�Z8lmFU}wd�R�P�F]F]dYI�ËQP�R��y{bFAd�gUFSRUT8L � FSËQabP8d¥RhT�_ � RUa|_HFS��F]abP[g�J\F]_HRhP8lma|d[FHJ\FAd��#¤�P[F�IKG[G�J\RwIh_ �L�R�G�JmR�j`a|d[abP�g�L � a|l abP[T9RhJ\NªI�L�abRUP��XRUZ[{|d¢��FOL\R�NªI�J\Ë�F�IK_ � ��IK_'ËwL�J'IK_'Ë�G�RhabPQL"JmFA_�RUJ�d�abP·I�lmG�F]_Ha�I�{�yI]n�I�LcL � FYL�abNYFORhTakL'l _�J\FAI�L�abRhP!�*« NORhJ\FYF]{bFHgQIKPwL�lmRU{bZ�L�abRUP�a|lcG�RUl\l\ab�[{bF�abP¶Iªj�abJmL\Z�I�{ NªIK_ � abP�FIKP8d�_�RUNOG[ab{�I�L\abRUP���IhlmF]d�T�J'IKNYFH�RhJ\ËfI�P8d�a|lH}�abP�T¨IK_�L]}�Z�l\F]d�abP ¸8º�»M¼t½`¾'� �oP�L � a|l�lMn�lmL\F]N�}�IOlmG�F]_Ha�I�{abP8lML�JmZ8_�L\abRUP�a|l�abP�_H{bZ�d[FAd*abP�L � F�abP8lML�JmZ8_tL�abRUP�l\F�L�� � RwlmF�G�Z[J\G�RUlmFca|lyL\ROZ[L\ab{bab�]F�L � FcabP[T9RhJ\NªI�L�abRUPfabPL � F�jhIKJ\a�I���{bF3G8IKJML¥RhT+I�Z�P[ab¡8_]I�L�abRhP¶��J�IKP�_ � G�RUabPwL¥J\F]_HRUJ\d�L�R�ghF]P[F]J'I�L�F*I�P�F�� lmZ[�8lML�akL\Z[L�abRhP!}£L\RJ\FAlmF�L�L � F�� � ��J\FHgUa|lML�FHJ�I�P8d�L � FOlMLtI�L�F¥J\F �[FA_tL�abP�g�_�{�IKZ8lmF¥Z8l�IKghFO_HRhPQL\FH­`L IKP�d©L\R�_�RUPQL\abP`Z[FY�yakL �L � F�Z�P�ab¡�_AI�L�abRUP3_HRUNYG�Z[L'I�L\abRUP!� �S� F�J\abg � LS�8Ih_�ËQL�J�Ih_�Ë`abP�g¥Ih_�L\abRUP*_]IKP3P[R��Ê��F�Ih_ � abF�jwFAdªl\abNYG�{knO�QnlmL\RUJmabP�gYI�G�RUabPQL\F]JL\RYI�G[J\RhgUJ'I�N�{bR�_]I�L�abRhPf_�RUPwLtIKabP[abP�g�L � a|labP8lML�JmZ8_�L\abRUP*abPfI�¡[F]{|d3RhT!L � F�jhIKJ\a�I���{bF

� q

Page 35:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

G�IKJML#RUT�I�Z[P�ab¡8_]I�L\abRUPY�[J'I�P8_ � G�RUabPwL#J\FA_�RUJ\d�L � I�L#a|l#_�R`RUJ\d[abP8I�L�F]d���akL � L � FSP[FH­QL�_H{�IKZ�lmFS¡�F]{|d"RhT8L � FZ8lmZ�I�{!_ � RUa|_�F�G�RhabPQLyJ\F]_HRhJ�d3RUT>L � F�É©«�p�³8I�Z[P�abT�RUJ\NÍL�J�IKP8lmT�F]JRUTD_HRUPwL�JmRU{�L�R"L � F�lML\RUJ\F]d3G�JmRUgUJ�IKNG�RUabPwL�IKP�d<L � F�FH­�F]_HZ�L�abRUP¯RhT�L � F�_HRhJ\JmFAlmG�RhP8d[abP[g¹abP8lML�JmZ8_�L\abRUP¯L � FHP IK_ � abFHjwF]l�L � F©IKG�G[J\RhG�J\a�I�L�F��Ih_�ËQL\J'Ih_�Ë`abP[gªIK_�L\abRUP!�

zXJ�IKP�_ � abP[g abPª_HRhNOG�Z�LtI�L\abRUPOa|l�RU�wj�abRUZ�lm{knO_HRwlML\{knY��RhL � abPOL\abNOF�I�P8dOabPªlmG�IK_HF�IKP8dOF�jwFHJmnYF*��RUJMLl � RUZ[{|d.��FfFH­�G�F]P�d[FAd¶L\R�FH­`G�{bRhakLªd[F�L�F]JmNOabP�a|lML\a|_3FH­�F]_HZ�L�abRUP.G8I�L\L\F]JmP8l"� � F]P�F�jwFHJOG�Rwl\lmab��{bFh�¬¤�P[FIKG�G[J\RwIh_ � L\R�d�RUabP[g�L � a|l6��akL � abP"L � FSZ�P[ab¡8_AI�L�abRhPY_HRUNYG�Z[L'I�L\abRUP�a|lH}`IKl£�XF � I]jwF�I�{bJ\FAIhd�n�NYF]PQL\abRUP[FAd�}L�Rc��Z�ab{|dªI�L�JmF�I�L�NOFHPQL�RhT�NYRUJ\F�lmG�F]_Ha�I�{�_AIKl\F]l�abPO� � a|_ � NORwlML�ghF]P[F]J'I�{�Z[P�ab¡[F]J�l�F�­�a|lML abPwL�RcL � FyL�FHJ\Nl\abNYG�{bab¡8_]I�L\abRUP�G�JmR�_HF]l\l]��«�P�RhL � FHJ�Z�lmF]T9Z[{Da|d[FAI�a|l+L�R�F]NOG[{bR�n�§QZ�a|_�Ë�d�n�P8IKNOa|_�L�F]lmL�l�L\R*d�FHL\F]J\NYabP�FL � I�LªP�R¢T�Z�JmL � FHJªlmZ���lML�akL�Z�L�abRhP8l�F�­�a|lML�abP¬_HFHJmL'IKabP¯_AIKlmFAlªIKP�d.L�R¢d[a|l\_AI�J�d<Z�P�ab¡�_AI�L�abRUPµ�8Ih_�ËQL�J�Ih_�ËG�RUabPwL'l3FAIKgUFHJ\{knµRUP¯L � a|l3��Ihlma|lH�Í^`RUNYF � F]Z[J\a|lML�a|_Hl3RUT�L � a|l3Ë`abP�d IKJmF©FHN"��F]d�d[F]dµabP¬L � F�¸8º�»M¼t½�¾lmn�lML�F]N���Z�L�L � a|lSa|l+I"NªI�L\L�FHJL � I�L+d[F]lmF]JmjUFAlST9Z[JmL � F]J�I�LmL�F]PwL�abRhP!�

«Í¡�P8IK{ G�RhabPQL L�R�NOFHPQL�abRhP¹_�RUP�_HF]JmP8l�L � F3I�{b{bR�_]I�L�abRhP¹RhTyl\G8Ih_�F�T9RUJcL � FOL\F]J\NOlcgUF]P[F]J�I�L�F]d�T9RhJG�J\R�±mF]_�L�abRhP¹IKP�d�abNOakL'I�L�abRhP¢lmZ���lmL\akL�Z�L�abRUP�lH� �S� a|l�a|lc��F]lML�d�RUP[FORUP�L � F � F�I�G¢lmabP8_HFY��Ih_�ËQL\J'Ih_�Ë`abP[gG�F]JmNOakL'lXL � F lmG8Ih_HF�L\RY��F�JmFA_�{�IKabNOF]d3� � F]P*L � FclmZ���lML�akL�Z�L�abRhPfakL'lmFH{bT6��F]_HRhNOFAlJmFAd[Z[P8d�IKPQL]�

� ���)���¥&������y,D��� �y,>�¥�'��� ���" ��¯�+ �¥����������+��� �c ����

�S� FOIK��lmL\J'IK_�L�NªIK_ � abP[F¥T9RhJc²#JmRU{bRUg*a|l�d[FAlmabghP�FAd�L�RflmZ�G[G�RhJmL�I3_HRhNOG�ab{bF]d�L�J\FAI�L\NOF]PwL�RUT�L � FYT�RUZ[JNªIKabP�_HRhNOG�RhP�FHPQL'lRUTDL � F�Z�P8d�F]Jm{kn�abP�gYNOR�d�F]{!RhT£_HRUNYG�Z[L'I�L\abRUP!¦£L � FcG[J\R`_HFAl\lmabP�gYRhT6L � FclML�JmZ8_�L\Z�JmFRUT>_HRhNOG�{bF�­�}`Z8lmZ�I�{b{knª_HRhPK±MZ�P8_tL�akjUFU}`gURwIK{|lH}`L � F�l\F�L\L\abP�g�Z�GªRUT�L � F�I�J\gUZ[NOF]PwL'l�RUTDI�L\RUNOa|_�gURQI�{|lH}`L � Fl\F]§QZ[F]P8_�abP�g�L � JmRUZ[g � _�{�IKZ�l\Fª_ � Rha|_HFAl T�RUJ"lmZ�_ � gURwIK{|l"IKP�d�L � FªZ[P�ab¡�_AI�L\abRUP¢RUTSL � F3I�J\gUZ[NOF]PwL'lcRhTL � F]lmF�ghRQIK{|l��yakL � L � F�lMLtI�L�a|_]IK{b{kn�Ë`P[R��yP¶I�J\gUZ[NOF]PwL'l�RhT�If_H{�I�Z8lmF � F�IKd��*«ÍT9Z[JmL � F]J�IhlmG�F]_�LcL � I�LJ\FA_�F]akjUFAlªlmG�FA_�a�IK{�I�L\L�FHPQL\abRUP¯a|lOL � F�d[F�L�F]_�L�abRhP¯RhT�d[FHL\F]JmNOabP�a|lmN�� �+RhP8d�FHL�FHJ\NOabP[a|lmN´a|lª_HRUlmL\{kn.L\Rd[F�I�{W�yakL � I�P8d�L � F¥P�F]F]d�L�R�d�R�l\Rf_AI�P�RUT�L�FHP���FYFH{babNOabP�I�L�FAd��Qn�Z[L�ab{bab�HabP�gfL � FOlML�JmZ8_�L\Z�JmFYRUT�L � FIh_�L\Z�I�{�IKJ\ghZ�NOFHPQL�l�RhT>I�L�RhNOa|_yghRQIK{|l�L\R G�J\Z[P�F�_ � RUa|_�FAl�F�IKJm{kn�d�Z�J\abP[g�F�­�FA_�Z[L\abRUP!� �S� a|l RU�8lmFHJmjUI�L�abRhPa|l�FH­`G�{bRhakL�FAd�abP©G�J�Ih_�L\a|_HF¥�wn�abP�_H{bZ8d�abP�g�Iªl\G�FA_�a�IK{#lmFHL�RUT�abP8lML�JmZ8_tL�abRUP�l�L � I�LcIK{b{bRA�®_�{�IKZ8lmFY_ � RUa|_�FAlL�R¹��F�abP8d�FH­`FAdµ�Qn.L � F©I�J\gUZ[NOF]PwL'lªIKP8dµ�wnµ�[Z�ab{|d�abP�g¹L � F�Z8lmF�RhT�L � F]lmF�abP8lML\J\Z8_tL�abRhP8lªabPwL�R¢L � F_HRUNYG�ab{�I�L\abRUP*G�J\R`_HF]l�lH�

�S� F���IKlma|_+a|l\lmZ�FAl�abP*Ic¡�J\lML r RhJ�d�F]JX_HRhPQL\FH­`LXG�F]J\l\a|lMLSIK{|lmR�abP�RUZ�J � abg � F]J r RhJ�d[FHJX{�I�P�gUZ8IKghFU��p�Z8_ �RUT£L � F NªIh_ � abP[F]JmnfIKP8d�FHjUF]PfL � F abP�lML�J\Z�_�L\abRUP�lmFHL�L � I�L�IKJmF F]N"��FAd[d[FAd*abP©I¥É©«�p r {babËhF"IKJ\_ � akL\FA_ rL�Z�JmF¥T�RUJ�L�JmF�I�L\abP�gªL � FAlmFYIhlmG�FA_�L�l�_]IKP�}�abP©T¨Ih_tLA}���FY_]IKJ\JmabFAd�R�jUF]J�L�RªL � F"abNOG[{bF]NOFHPQLtI�L�abRhP�LtIKlmË�I�L� IKP�d��#Ì+R��XFHjUF]J]}�lmRUNOF�P[FH� d�FHj�a|_�FAlyIKJ\F�P�FHFAd[F]d�}�G�JmabNªIKJmab{kn3T9RhJyd[FAIK{babP�g"��akL � I�J\a|_ � FHJ�lML�JmZ8_�L\Z�JmFT9RUJ�L\F]JmN�l�I�P8d�IªNORUJmF¥_HRhNOG�{bF�­�Z[P�ab¡8_]I�L\abRUP©RUG�F]J�I�L�abRhP!�Yp�RhJ\F]RAjwFHJ]}�L � FHJ\F"N"Z8lML���FYd[a���F]JmF]P8_�FAlabP�L � F�abPwL�F]JmG�JmFHLtI�L�abRhP�RUT!lmRUNOF�abP8lML\J\Z8_tL�abRhP8lH� �oP8lML�JmZ8_tL�abRUP�l#L � I�LXFH­[IKNOabP[F�L � F�lmL\J\Z�_�L�Z[J\F�RUT�L\F]J\NOlN"Z8lMLA}�T�RUJ6abP8lMLtI�P8_�FU} � I]jUF L � FSI���ab{bakLoncL�R � F�IKd r P�RUJmNªIK{bab�HF�L � FAlmF L\F]J\NOlDabT[L � a|l6a|lDP�F]F]d[F]d"d�Z�JmabP�g�FH­ rFA_HZ�L�abRhP!� ��Z�JmL � FHJ]}QL � F�abP8lML\J\Z8_tL�abRhP8l L � I�LXJ\FAIK{bab�]F�Z�P�ab¡�_AI�L�abRUP3_�RUNOG[{bFHL�FH{knYabPfIc¡�J\lmL r RhJ�d[FHJlmFHLmL�abP[gl\Z[ÀO_HFYRhP�{kn�L�R*abNOG�{bFHNOF]PwL�L � F¥abP�akL�a�I�{WL�F]JmN/l\abNYG�{bab¡8_]I�L\abRUP�G � IKl\F¥RUT � abg � F]J r RUJ\d[FHJ�Z�P[ab¡8_]I�L�abRhP!��S� F�_]IKG8IK��ab{bakLon·L�R�{bF�IHjwF�Z�P�ab¡�_AI�L�abRUP<G�JmRU�[{bF]N�l¥L � I�Lª_AIKP[P�RKLª��F�lmRU{kjUFAd.abP<L � a|lONªIKP[P�F]J¥L�R¹I{�I�L�FHJ]}QabPQL�FHJ\G[J\FHL\akjwF+G � IKlmF�l � RhZ�{|dYL � FHJ\FHT9RUJmF+��F+��Z[ab{kLabPQL\RcL � FAlmF+abP�lML�J\Z�_�L\abRUP8lH��^`Z�_ � I / d�F]T�F]J\JmabP�g 0Ih_�L\abRUP�l � RhZ�{|d�}�RUT#_�RUZ[J�lmFU}���F�_HRUNYG�{bF]NYF]PQL\FAd3�Qn�IKP�abPwjwR`_AI�L\abRUP�RhT£L � F JmF]NªI�abP�abP[g � abg � FHJ r RUJ�d�F]JZ�P�ab¡�_AI�L�abRUPfG[J\R�_�FAl\l�I�L+IYlmZ[akLtIK�[{kn*_ � RUlmF]PfG�RUabPwLA�

�U�

Page 36:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

É�FªG�JmFAlmF]PwLA}WabP¢L � a|l"lmFA_tL�abRUP�}�IKP¹FH­QL�FHP8d[F]d�jUF]J�lmabRhP¶RhTSL � F�É©«�p´L � I�L¥d�FHjwFH{bRUG�l�RhP¢L � F]lmFa|d[F�IKlH�WÉ�F�lmZ�NONªI�J\ab�HF�¡�J\lmLSL � F�NOR`d[ab¡�_AI�L\abRUP�lXL�R"L � F�NªIh_ � abP[F�lML�J\Z�_�L\Z�J\F�L � I�LS�F]JmF�abNOG�{ba|_�akL�abPRUZ�J�d�a|l�_�Z8l\lmabRUP¥RUT�L � FL�J\FAI�L\NOF]PwL#RhT � abg � F]J r RUJ\d[FHJ�Z[P�ab¡�_AI�L\abRUP��6É�FSL � F]PYd[FAl\_�J\ab��Fy_ � IKP�ghFAl£L�R�L � FabP8lML�JmZ8_�L\abRUP�lmF�LA� �� F�{�IKlmL�G�IKJML�RUT�L � a|l�lmFA_tL�abRhPOab{b{bZ8lML�J�I�L\FAlWL � F�_�RUNOG[ab{�I�L�abRhPYNOR�d�F]{��wn¥G�JmFAlmF]PwL�abP[gL � F _HR`d[FcghF]P[F]J'I�L�F]dfT9RhJ�lmRUNYFclmabNOG�{bF � abg � F]J r RUJ\d[FHJ+G[J\RUghJ'I�N�lH�« T¨I�NOab{ba�IKJmakL�n3�yakL � L � FcRhJ\abgUabP8IK{IK�8lML\J'Ih_tL�NªIK_ � abP�F�RhTDɶI�J\JmF]P!}�lmZ8_ � IKlyNOabg � Ly��F�RU��LtI�abP�FAd*T�J\RUN � �%�>RUJ � q �%� }�a|l+IKl�lmZ[NOFAd3abP*L � a|lFH­�G�RwlmakL�abRhP!�

� ��� ��� � � � $�� ��$���� ��! ���� � � ������%���%�� � � ������

�£abghZ�J\F q d[F]G[a|_�L�l*L � F©jUI�J\abRhZ8lfd8I�LtI.I�J\FAIhl�IKP�d JmF]gha|lmL\F]J\lfG[J\F]l\FHPQLfabP L � F©FH­`L\F]P�d[FAd I��8lML�J�Ih_tLNªIh_ � abP�F¥I�P8d�G�J\RAj�a|d�FAl�I3lmP�I�G8l � RKL�RUTXI�NªIh_ � abP[F¥lML'I�L�F"d�Z�J\abP[gf_�RUNOG[Z[L'I�L�abRhP!� �� F¥_HR�d�FYIKJmF�I`}L � F � FAIKG�}8L � Fc{bR�_AI�{DlMLtIK_'ËfIKP8d*L � F�L�J�IKab{>RUT6L � FcÉ©«�p0G�FHJ�lma|lML�abP�L � a|l�NªIK_ � abP�FU� �� F P�F�� d�I�L'IIKJ\FAIhl IKJmFYL � F � �·lMLtIK_'Ë�}>L � FªI�G�G�{ba|_]I�L\abRUP8lclMLtIK_'Ë©IKP�d©L � F¥L��XR�G�Z�l � d[RA��P�{ba|lML�l]� �S� FO¡�J\lMLcL��XR_HRUNYG�RUP[F]PwL'l¥IKJ\F*Z[L\ab{bab�]FAd¶�Qn¢L � F � F�IKd r P[RUJmNªIK{bab�AI�L�abRhP._�R�d�F�Ihl¥d[F]l�_�J\ab��FAd¶abP¯^`F]_�L�abRhPµ�`� �� FG�Z8l � d[R��yP¯{ba|lML'l3I�J\F�Z�lmFAd<abP¬lmabNOG[{babT�n`abP�g¶d�a|l�IKgUJmF]FHNOF]PwLªlmFHL'lªIKP�d � FH{bG!}+IhlY�F � I]jUF�lmF]F]P�}yabP_HRUP�lmF]Jmj`abP�g � FAIKG·l\G8Ih_�FU�©É�F3RU��l\FHJmjUF3L � I�L"RUP�{kn¢RUP[F*RhTyL � FAlmF3G[Z8l � d�R���P¶{ba|lML'l"a|l"JmF�IK{b{kn¹P[FH��¦RUP�F�G�Z8l � d[R��yP©{ba|lML�a|l�Z�lmZ�IK{b{kn�F]NYG�{bR�nUFAd��QnfÉ�«�p abNYG�{bF]NYF]PQL'I�L\abRUP8l�T9RhJ�J\FAIK{bab�]abP[g3L � F"G�I�JmL�RhT¡�J�lML r RUJ\d[FHJyZ�P[ab¡8_]I�L�abRhP*L � I�L�N"Z�lMLy��F�G�F]JmT9RUJmNOFAd3abPfabPwL�F]JmG�JmFHL�akjUF�NOR�d�FU�

É � ab{bF�l\F�jwFHJ'IK{�d�I�LtIfIKJ\FAIhl�I�J\F�_]IKJ\JmabFAd�R�jUF]JcT9J\RhN�L � FYÉ©«�p�}!L � F]abJcZ8l�I�gUFOabP�RUZ[J NªIK_ � abP�Fd[a���FHJ�l"abP·_HFHJmLtI�abP·JmFAlmG�F]_�L�l]� ��P.IKd�d�akL�abRUP¶L\R©lML�RhJ\abP�g�_HRUNYG�RUZ[P8d�L�FHJ\N�lcL � I�LOIKJmF*_HJmF�I�L�FAd¢abP<IlmL\J\Z�_�L�Z[J\FX_HRUGwn�abP[g�abNYG�{bF]NYF]PQL'I�L\abRUP!}AL � F � FAIKG�a|lDZ8lmFAd abP�RUZ[J£_�RUPQL\FH­QL#IK{|lmR�L�R�lML�RUJmFXd[a|l�IKghJ\FHF]NOFHPQLG�IKabJ\lH}�L � F�P�F�� L\F]JmN�lOL � I�LfI�J\F�gUFHP�F]J�I�L\FAd¯d[Z[J\abP�g¢L�F]JmN´J\FAd�Z8_tL�abRUPÊIKP8d<L � F�G�JmRK±mF]_�L\abRUPÊI�P8dabNOakLtI�L�abRUP¹lmZ��8lML\akL�Z[L\abRUP�l gUFHP�FHJ'I�L\FAd��wn � abg � FHJ r RhJ�d�F]J�Z[P�ab¡�_AI�L\abRUP��©^`abNOab{�I�J\{knw}6L � F�L\J'IKab{ J\F]_HRUJ\d�lP�RhLYRUP[{kn¹L � FflmZ��8lML\akL�Z[L\abRUP�l¥NªIKd[F3T�RUJ¥jhIKJma�IK��{bF]lH} ��Z[L�I�{|lmR©L � Ffd[F]lmL\J\Z�_�L�akjUFf_ � IKP�ghFAl"NªIhd�F3L\RL�F]JmN�l�d�Z�J\abP[g�P�RhJ\NªI�{bab��I�L\abRUP�I�P8dfG�RhabPQL�FHJ�lyL\ROL � FcG8IKabJ�l�RUT6L\F]JmN�lyJ\FHNOR�jUFAd*T9JmRUN d[a|l�IKghJ\FHF]NOFHPQLl\F�L'l£abP¥L � Fy_HRhZ�J�lmFSRUT8L�FHJ\N�l\abNYG�{bab¡8_]I�L\abRUP!�#¤�T�G�I�JmL\a|_HZ�{�I�J#P[RhL�FSabP¥L � a|l#_�RUPwL�FH­QL IKJmFL � FST¨IK_�L'l6L � I�LL � FSL\J'IKab{babP[g RhT�L�F]JmN�lWJmFA§wZ�abJ\F]lXI�{|lmR�L � I�L Rh{|d"jUIK{bZ[FAl#��F�lML�RhJ\FAdOI�P8d"L � I�L d[a���F]J\FHPQL�Ë`abP�dYRUT�FHPQL�JmabFAlF]PQL'IKab{+d�a���FHJ\F]PwL�Z�Pw��abP�d[abP�g¶IK_�L\abRUP8lOIKP8d·N"Z8lMLO��F�IKP[P�RKLtI�L\FAdµI�G�G[J\RUG[J\a�I�L�F]{kn¶T9RUJOd[FHL\F]JmNOabP�abP[gL � a|lH� �6abP�I�{b{knw}�abPfIKd�d�akL�abRUP�L\R�L � F+Z8lmZ�I�{�_ � RUa|_�F�G�RUabPwL�I�P8d�F]Pwj�abJmRUP�NYF]PQLXJmFA_�RUJ�d[lH}`L � F�{bR�_]IK{�lmL'Ih_�ËN"Z8lMLOI�{|l\R©lML�RhJ\F3abP�T9RhJ\NªI�L�abRhP.IK��RUZ[L¥��J�IKP�_ � G�RUabPwL'l"abP·Z[P�ab¡8_]I�L\abRUP!� �S� FAlmF�I�J\F*d[a|lML�abP[gUZ[a|l � FAd�Qn©��F]abP[g�{�IK��F]{b{bF]d¹Ihl ( ����� � � � ����� � ¾�abP �6abgUZ[J\F q L � I�L�IK{|lmR�d[F]G[a|_�L�l�L � F]abJcl\G[{bakL�JmF]G[J\FAlmFHPQLtI�L�abRhP��FHLo�FHF]P�IOl � IKJmFAd�IKP8d�I"jUIKJma�IK�[{bF�G�I�JmL]�+¤�P�{kn*L � F�jUI�J\a�IK�[{bF G�I�JmL'l�RhT£L � F]l\F�J\FA_�RUJ\d�l�G�I�JmL\a|_HabG�I�L�Fd[abJ\F]_�L\{kn3abP*L � F�_ � IKabP*RUTD�8Ih_'ËwL�J�Ih_'ËQabP�g¥JmFA_HRhJ�d[l]³�L � F�l � I�J\F]d3G�IKJML'lgQIKabPf_HZ[J\J\FHP8_tn3�Qnª��F]abP[gYZ8lmF]d�Qn"L � FyjhIKJ\a�I���{bF�G�I�JmL'lH� �oPYL � Fy¡�gUZ[J\Fh}w�F � I]jwFyZ8lmFAdYlmRU{ba|d�IKJmJ\R���l#L\R d[FHG�a|_tL�L � F+l � IKJmFAd¥G�I�JmLI�P8dL � F�jUI�J\a�I���{bF�G8IKJMLyRhT£I ��J�IKP8_ � G�RhabPQLSJ\FA_�RUJ\dfIKP8d3d8IKl � FAd*IKJmJ\RA�+lL\RYd�F]G[a|_�LSL � F�_ � I�abP*RhTD�[J'IKP�_ �G�RUabPwL'l+I�P8d*_ � Rha|_HF�G�RhabPQL�lSL � I�L+d[F�L�FHJ\NOabP[F���Ih_�ËQL\J'Ih_�Ë`abP[gY��F � IHj�abRUZ[J]�

�S� F�FH­QL�FHP8d[F]d*NªIK_ � abP�FcIK{|lmRYabP8_�{bZ8d�FAl+I"T9F�� P[FH� J\FHgUa|lML�FHJ�lH¦WL � F � ��J\FHgUa|lML�FHJyabP�d[a|_AI�L�abP[gYL � F_HZ�JmJ\FHPQL�{knYIK_�L�akjUFyd[a|l�IKghJ\FHF]NOFHPQL�lmFHL]}UL � F � �ªJ\FHgUa|lML�FHJ#abP�d[a|_AI�L�abP[g�L � Fy_�Z�J\JmF]PwL#L�RhGYRhT�L � F � �3lmL'Ih_�Ë�}L � F � �!�ªJmF]gUa|lML\F]JyabP8d�a|_AI�L\abP�gYL � Fc_HZ[J\JmF]PQL\{kn*J\FH{bFHjhIKPQL+l � I�J\F]dfG8IKJML+RhT6��J'I�P8_ � G�RhabPQL�J\F]_HRUJ\d�l+I�P8dL � F � �3� ���',&��J\F]gha|lML�F]J#L � I�L � Rh{|d�l�L � F "¨_�Z�J\JmF]PwL�,#IKJ\akLonYRUT!IKP3I�G�G�{ba|_]I�L\abRUP�F]P�_HRhZ�PQL\F]JmFAdOd[Z�JmabP�g� F�IKd*P�RUJmNªIK{bab�AI�L\abRUP!�X¤�P�Fclm{babg � L�{kn*abPwL�JmabgUZ�abP[gªIhlmG�FA_�LyRUT6RUZ[J�d[F]G[a|_�L\abRUPfRUTDL � F�NªIh_ � abP�F�lML'I�L�F�a|lL � F�T¨IK_�LSL � I�LSL � F �OJmF]gUa|lML\F]JSL � I�L�abP8d�a|_AI�L�FAlL � FcIKJmgUZ[NOF]PwLSjUFA_�L\RUJSRUT£I¥_�RUNOG�RUZ[P8d�L�F]JmN d[Z�JmabP�g

���

Page 37:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

���

���

� ���)�

���

� ��� ��,

� ���-,�� � �)���������� � � �

� �

� � � � � �

��������������������

� ��� �"!#���$%�&��� � �����'!#(�� � �

� !*)'��*�+�,�&- "/. )0!#��)0132�� '� !*)'��*�+�,�&- "/. )0!#��)0132�� '� !*)'��*�+�,�&- "/. )0!#��)0132�� '

� !*)'��4�5�6������� " �7�3)0!#��( '

8 � %�� � �*� �

� � � � , � � � �

��� ����� ��� �*�

����:9 ��� 93;=<'9>-�-?-�93;��

��9@����9 � 9 � 9 � 9 ��� 9

��� 9@� � 9 � � �:9

A�B�C ; �ED �A �GF

� � � ����%�� �H�

I !#��$J�#��K ; C

L ���*� � � �H�

�£abghZ�JmF q ¦�«��8lML�J�Ih_�L+p�Ih_ � abP�FcE�I�LtI¥«�J\FAIhl+I�P8d�^`P8IKG8l � RhLyRUTW^QL'I�L�F

� !

Page 38:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

Z�P�ab¡�_AI�L�abRUPªa|lSl � RA��P3G�RUabPwL�abP�g�abPQL�R L � F � ��lML'Ih_'ËYJ�I�L � F]JXL � I�PªL � F � FAIKG�� �S� F�J\F�IKlmRUPªT9RhJXL � a|lXa|lL � I�LSL � F�L�RUG r {bF�jwF]{¨} � F�IKd r P[RUJmNªIK{bab�HFAd3lmL\J\Z�_�L�Z[J\F�RhT£I � abg � F]J r RUJ\d[FHJSL�FHJ\N�NªI]n���FA_�RUNOF�IKG[G�IKJmF]PwLRUP�{kn<IKT�L�FHJªI©J\F]d[Z�_�L�abRhP<G�JmR�_�FAl\lªI�P8d�}abP<L � a|lO_AIKl\Fh}Xa|lªI]jUI�ab{�IK�[{bF�IKlªI�jUFA_tL�RUJYRUP�{kn¶abP<L � F � �lmL'Ih_�Ë�� �oPµlmG�FA_�a�IK{y_AIhlmF]l]}XlmZ8_ � IKlY� � F]P<d�F�IK{babP[g���akL � ¡�J\lML r RhJ�d�F]J¥L�FHJ\N�lH} P�R�J\FAd�Z8_tL�abRUP<lML�FHG8lIKJ\F�P�FA_�FAl\l�IKJMnfIKP�dfRUZ[JyJ\F]G[J\F]l\FHPQL'I�L�abRhPfRUT£lmZ8_ � L\F]J\NOl�lML\RUJ\F]lL � F I�J\gUZ[NOF]PwL'l�Ihl�I"jUFA_tL�RUJH�S^QZ8_ �l\akL\Z�I�L�abRUP�l�_AI�P���F�JmFA_�RUgUP[ab�]F]d©I�P8d�}!Ihl�IKP�RhG[L�abNYab��I�L\abRUP�}�L � F4�*J\FHgUa|lML�FHJ�_]IKP���F�NªIKd[FcL\RªG�RhabPQLL�R¥L � F�jwF]_�L\RUJSL � I�L�a|l�IK{bJmF�Ihd`nfI]jUI�ab{�IK�[{bFcabP*L � F � FAIKGfabP�lML�F�IKd��

� � � � � %���� � �)���������� � ���� � ��� ���*$�� ������� � � �

«�_HRhNOG�ab{�I�L�abRhP*NOR�d�F]{�T�RUJyRhZ�JS{�I�P�gUZ8IKghF�N"Z�lmLyIh_]_�RUZ[PQLyT9RhJy_HFHJmLtI�abPfP[FH��IhlmG�FA_�L�lSabPf_HRUNYG�IKJma|lmRUP��akL � L � F RUP[F�T9RhJ�²#JmRU{bRUg[� �S� F]lmF¥IhlmG�FA_�L�l+abP8_H{bZ�d[F¥IOJ\FHG�J\F]lmF]PQL'I�L\abRUP�RhTWL\F]J\NOl�L � I�L�d[a���FHJ�l�F�jwFHPR�jwFHJ�L � FW¡�J\lmL r RhJ�d[FHJ!T�J'IKghNOF]PwLA}]L � FWG�Rwl\lmab��ab{bakLon�T9RhJ!T�Z�P8_tL�abRhP�jhIKJma�IK��{bF]lDIKP�dcI��8lML�J�Ih_�L\abRUP�l�L\R+I�G�G�FAIKJabP L�FHJ\N�lH}+L � F�P�FHFAd¬L�R·J\FAIK{bab�]F � abg � FHJ r RUJ�d�F]J�Z[P�ab¡�_AI�L\abRUP�IKP�d¬L � F©P�F]_HFAl\lmakL�nµL�R¶L�J\FAI�L�NOak­`FAdabPQL�FHP8lmabRUP8IK{�I�P8dYF�­`L\F]P8lmabRhP�IK{�Z�l\F]l#RUT�G�J\F]d[a|_]I�L�FSL\F]J\NOl]�DÉ�F�d[a|l\_HZ�l\l#L � FAlmF+IhlmG�FA_�L�l#abPONORhJ\F�d[F�LtI�ab{��F]{bRA��IKP�d.�XF�I�{|l\R�abP8d�a|_AI�L�F�_ � I�P�ghFAl¥L�R�L � FfabP8lML�JmZ8_�L\abRUP¯lmFHLORUT�L � FfÉ�«�p L � I�L*I�J\F�gUF�I�J\F]dL�R��SIKJ\d�lSL\J\F�I�L�abP[g¥L � F]N��� C  5[?31°:���� à 4  =���� 1��@  C� �YC�=  C��  C?¢Å � �S� FyZ8lmZ�I�{�_HRUNYG�ab{�I�L\abRUP¥NOR�d�F]{�J\FA§wZ�abJmFAlWL � I�LWL � FIKJ\ghZ�NOFHPQL�lRhT£I�L�RUNYa|_�gURwIK{|l�I�G�G�F�IKJmabP�g¥abP3L � F���R`d[abF]lSRUTD_H{�I�Z8lmFAl��F�lmFHLSZ�G*abPfJmF]gha|lmL\F]J\lG�J\abRhJSL\RL � FcabPQjUR�_]I�L�abRhP�RhT#_�R�d�F T�RUJyL � FcJ\FH{bFHjhIKPQL+G�JmR�_�FAd[Z[J\F]l]� ��PfL � F _AIKlmF�L � I�L�l\Z�_ � IKP�IKJmgUZ�NYF]PQL�a|l�I_HRUNYG�RUZ[P8dYL�F]JmN�}QakL'l J\F]G[J\F]l\FHPQL'I�L�abRhPªN"Z�lMLX��F�_HJmF�I�L\FAdOabPªL � F � FAIKG���akL � I JmF]T�F]J\FHP8_�F+L�R�akL��FHabP�gG�{�Ih_�FAdYabPOL � F�J\FH{bFHjUI�PQL J\FHgUa|lML�FHJ]� �� FAlmF�F*��FA_�L�lXI�J\F�IK_�L\Z�IK{b{knYJmF�I�{bab�]FAd¥L � J\RhZ�g � L � F��½ � IKP8df½ � � -�»_H{�Ihl\lmFAlWRhT�abP8lML\J\Z8_tL�abRhP8lWG�JmFAlmF]PwL�abP¥L � FSÉ©«�p�}KL � Fy{�I�L\L�FHJ#��F]abP[g�F�­�FA_�Z[L\FAd¥abP¥�yJ\akL�FyNOR`d[FabP¥L � F]lmFG�IKJML�a|_�Z�{�IKJ�l\akL\Z�I�L�abRUP�lH�

�S� a|l��8Ihlma|_ªlML�J\Z�_�L\Z�J\Fª_]IKJmJ\abFAl RAjwF]J �XF]{b{ L\R�RhZ�J � abg � F]J r RUJ\d[F]J�{�I�P�gUZ8IKghF*IKP�d¢NªI�PQn�lmG�F]_Hab¡�_abP8lML�JmZ8_�L\abRUP�l�T9JmRUN�L � F¥É©«�p´_]IKP�FHjUF]P©��FYJ\F�LtIKabP[FAd©T9RhJ�G[J\R�_�FAl\lmabP�gf¡�J\lML r RhJ�d�F]J�{babËhF�lML�JmZ8_�L\Z�JmFU��S� FHJ\F�IKJmFU} � R��XFHjwFHJ]}QL��XR�FH­[_�F]G�L�abRUP�lH� �6abJ�lMLA}`abP3RhZ�J_HRhPQL\FH­`L]}QLon�G�F]lIKJ\F�JmFHLtI�abP�F]d��yakL � jhIKJma�IK��{bF]lIKP8dfL � F�abP8lML\J\Z8_tL�abRhP8l�L � I�L�_HJmF�I�L�F L � FHN N"Z�lmL]}�T9RhJ+L � a|l+J\F�IKlmRUP!}8LtI�ËUF"IKP�FH­QL�J'I¥L�n`G�F¥I�J\ghZ�NOFHPQLA���PfG�I�JmL�a|_�Z�{�I�J]}[L � FAlmF�abP8lML�JmZ8_tL�abRUP�lyNOabg � LSLtI�ËUF�RUP*L � F�T9RUJmN�l

��½ � �/� �� (* bº�� �����£¼�� � »1�[ºH}8IKP�d½ � � -'» ��/� ��� (* bº�� ��� � »1�[º

� � FHJ\F�� �£a|lcF]akL � FHJ"I*G�F]JmNªIKP[F]PQLcRhJcL\F]NOG�RUJ'I�Jmn�jUIKJma�IK�[{bF3IKP8d � »1��º�a|l IfJmF]T�F]J\FHP8_�FYL\R�L � FOJmF]G rJ\FAlmFHPQLtI�L�abRhP�RUTyI3L�n`G�Fh� �� F�lmFA_HRhP8d�d�a���FHJ\F]P�_HFªIKJma|l\F]lcT9JmRUN�L � FONOR�d�ab¡�FAd©JmF]G�JmFAlmF]PwLtI�L�abRUP�RUTyIlmL\J\Z�_�L�Z[J\Fh��É�FªF]P�_HR�d�F�L � a|l¥Ihl"IKP.I�G�G�{ba|_]I�L\abRUP¹� � RwlmFfI�J\ghZ�NOFHPQL�G�I�JmL¥a|l¥I�G�RhabPQL�FHJ�L�R©I�jUFA_ rL�RUJc�yakL � I�l\ab�HF�NªI�L�_ � abP�gfL � F3IKJmakL�n�RhTL � FªIKG[G�{ba|_]I�L�abRhP!��p�RhJ\F]RAjwFHJ]}6abP¢L � FOgUF]P[F]J�IK{X_AIKlmFU}DL � F/ T9Z[P8_tL�abRUP 0!G8IKJmLcRUT L � F�IKG[G�{ba|_]I�L�abRhP¹_�RUZ[{|d���FOd[a���FHJ\FHPQL T�J\RUN0If_�RUP�lmL'IKPwLA����P�{babg � L RUT L � a|lH}>L � F��½ � ¾ � �t½ ��� ½���º�abP8lML\J\Z8_tL�abRhP3NYabg � LX��F�gUFHP�FHJ'IK{bab�HFAd�L\R¥I"�8½ � �1� �YabP�lmL\J\Z�_�L�abRhPªL � I�LXT¨Ihl � abRUP8lIKP*IKG rG�{ba|_AI�L�abRhPORUP"L � F � F�IKG�� �S� F+I��8lML�J�Ih_�L#NªIh_ � abP[FSZ�P8d�F]Jm{kn�abP�g�L � F3¸8º�»M¼t½`¾6lMn[lML\F]N�}habPOT°Ih_tLA}UabP8_�{bZ8d[F]lL��RYabP�lmL\J\Z�_�L�abRhP8lSRUT>L � F�T9RhJ\N

��½ � � ��� ��� �����W¼�� ��}�I�P8d��½ � -��1� ��� �����W¼����

� +

Page 39:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

T9RUJ�L � a|l�G�Z[J\G�RwlmFU�"e Ih_ � RhT�L � FAlmF¥abP�lML�J\Z�_�L\abRUP8l�_HJmF�I�L\FAl�I�P¢IKG[G�{ba|_]I�L�abRhP©� � RwlmF¥T�Z�P8_tL�abRhP©G�IKJML�a|lRU�[L'IKabP[FAd�T�J\RUN L � F�JmF]gUa|lML\F]J �W¼�I�P8d�{bF�IHjwF]l�I�JmF]T�F]J\FHP8_�F L�R�L � a|l�IKG[G�{ba|_]I�L�abRhP�abP�L � F�JmF]gUa|lML\F]J � ���p�RhJ\FHR�jwFHJ]}�L � FcIKG[G�{ba|_]I�L�abRhP*L � I�Lya|lS_HJmF�I�L\FAd � Ihl�I�J\akLon ��}8I�T¨IK_�LSL � I�LSa|lSJ\F�I�{bab�]F]d*�Qn*I�{b{bR�_]I�L�abP[g�IjwFA_tL�RhJyRUT>L � a|lylmab�]F�abP*L � F � FAIKGfT�RUJL � F I�J\ghZ�NOFHPQLSG8IKJmL+IKP�d*�QnªG�JmF]G�I�J\abP[g¥L�R¥¡�{b{�abP*L � FAlmFcIKJmgUZ rNOF]PwL'lS�wn*l\F�L\L\abP�g¥L � F �OJ\F]gha|lML�F]JSL\RYL � F���FHgUabP[P�abP�gYRUTDL � a|lSjwF]_�L�RhJ+IKP8d3L\Z�J\P[abP�g¥L � F���J\akL\FcNOR`d[FRUP!� �� F�d[a���F]JmF]P8_�F ��F�L��FHF]P�L � F�L��R�abP�lML�J\Z�_�L\abRUP8l�a|l�L � I�L+L � Fc¡�J\lmL�I�P�P[RhLtI�L�F]lyL � F"I�G�G[{ba|_AI�L\abRUPIhl�_�{bRwlmFAdª� � FHJ\FAIhlL � FclmFA_�RUP8dfIKP[P�RhL'I�L\FAlSakL�IKl "°G�Rwl\lmab��{kn , RUG�F]P!�

�S� F � abg � FHJ r RUJ�d�F]JcP�I�L�Z�JmF�RhTSRhZ�J�L�FHJ\N�lc_AI�P¢NªI�P�abT�FAlMLcakL'lmF]{bTabP�L � JmF]FY�yI]n�lcabP�L � FªlMn�PwLtI�­�¦L � F�T9Z�P�_�L\abRUP�G�I�JmL�NªIHn���FYIOjUI�J\a�I���{bFU}!IK��lML�J'IK_�L\abRUP�NªIHn���F"FH­`G�{ba|_HakL\{kn�G[J\F]l\FHPQL�IKP�d�L � F]JmF"N�I]n��F3R`_]_HZ[J\JmF]P8_�FAl RUT+I��8lML�J�Ih_�L\FAd�jUI�J\a�I���{bFAlH� �S� F3abP8lML�JmZ8_tL�abRUP¹T�RUJ¥_�J\F�I�L�abP[g�I�G�G[{ba|_AI�L\abRUP�lYI�{bJ\F�IKd�nIh_]_�RUZ[PQL'lWT�RUJWL � F+lmG�FA_Ha�I�{8_]IhlmFyRhT!I�jhIKJ\a�I���{bF / T�Z�P�_�L�RhJ]��0 � Rcl\Z[G�G�RUJmL#L � F�_�J\FAI�L�abRhPYRUT�IK��lmL\J'IK_�L�abRhP8lH}P�FH� abP8lML�JmZ8_�L\abRUP�lYNªI]n¹��F�IKd�d�FAd¶L�R©L � F���½ � IKP�d ½ � � -'»*_H{�IKl�lmF]l]� �S� F�IK�8lML\J'Ih_tLONªIh_ � abP�F*T9RhJ¸8º�»M¼t½�¾ abP�_H{bZ�d[FAlL � F�T9Rh{b{bR���abP[gYabP8lML�JmZ8_�L\abRUP�lyT9RhJSL � a|lyG�Z[J\G�RwlmFU¦

��½ � � ��/0$(� � � �����W¼ ½ � � -'» � ��/0$(� ���W¼��½ � & �/0$(� � � �����W¼ ½ � � -'» &2� 0 (� ���W¼

�S� F ��½ � jUF]J�lmabRhP8lW_HJmF�I�L�FSIK��lmL\J'IK_�L�abRhP8lD� � RwlmF��R`d[abF]l#I�J\FgUakjwFHP"�QncL � FS_HRhPQL\F]PQL�l6RUT�J\F]gha|lML�F]J �W¼>RUPL � F � F�I�GYIKP�d�G�Z�LWJ\FHT9FHJ\F]P�_HF]lDL�R�L � F]l\FSI��8lML�J�Ih_�L\abRUP�l6abP"L � FXJ\FHgUa|lML�FHJ�� �9� � �S� Fyd�a���F]JmF]P�_HF��FHL��XF]FHPL � F"Lo�R*abP8lML�JmZ8_�L\abRUP�l�G�JmR�j`a|d[FAd�T9RhJ�L � a|l�G[Z�J\G�RwlmFYa|l�L � I�L�RUP[FO_�J\F�I�L�F]l�_H{bRwlmF]d�IK��lML�J'IK_�L\abRUP8l�I�P8dL � F�RhL � F]JSRUG�F]PfRhP�F]l]� �S� FY½ � � -�»�jwFHJ�lmabRUP�lH}[L � I�L+IKJ\F�RUP[{kn*F�jwFHJyFH­`FA_�Z[L�F]d3abP*��J\akL\F�NOR�d�FU}[_HJ\FAI�L\Fl\abNYab{�IKJWIK��lmL\J'IK_�L�abRhP8l6�[Z[L£FHjUF]PwL�Z�I�{b{kncG�Z[L£JmF]T9FHJ\FHP8_HF]l>L�R+L � FAlmFXabP�L � F � FAIKG�{bR�_]I�L\abRUP�G�RhabPQL�F]d L�R+�QnL � F � JmF]gha|lmL\F]J IKP�dOIK{|lmR�abP8_HJmF]NOFHPQLWL � a|l#JmF]gUa|lML\F]J I�L#L � FyFHP8d�� �£abP8IK{b{knw}UL�RclmZ�G[G�RhJmL#L � F�_HJmF�I�L�abRUPYRhT��RUZ[P8d�jUI�J\a�I���{bFAlH}�J\F]G[J\F]l\FHPQL\FAd�Z8lmabP�gyabP�d[a|_HF]l!abP�L � F�d�F zXJmZ�a ±mPcl�_ � FHNOFU}]L � FWT9RU{b{bRA��abP[g+abP�lmL\J\Z�_�L�abRhP8labPf� � a|_ � �Ya|l+I"G�RwlmakL\akjwF�P`Z[N"��FHJ]}�IKJ\F�abP�_H{bZ8d�FAd*abPfRUZ[J�I��8lML�J�Ih_tLyNªIh_ � abP�Fh¦

��½ � � � wº � � ����� ½ � � -'» � � Uº � �

�S� F ¡[J�lML6abP8lML\J\Z8_tL�abRhPc��J\akL\FAl6Iy��RUZ�P�d�jUI�J\a�IK�[{bF �yakL � abP8d�FH­��+RUPcL � F � F�I�G"IKP8d�NªI�ËUFAl�L � F JmF]gha|lmL\F]J� ��I"JmF]T�F]J\FHP8_�F�L\R"L � a|lS{bR`_AI�L\abRUP�� �S� FY½ � � -'» ��� wº � abP�lmL\J\Z�_�L�abRhP!}�� � a|_ � }�I�{|l\R¥a|lSRhP�{kn3F�­�F]_HZ[L\FAd3abP��J\akL\F�NOR`d[Fh}`lML�RhJ\F]l�L � a|l ��RUZ�P�dYjUI�J\a�IK�[{bF�abPOL � F+{bR`_AI�L�abRUP�G�RUabPwL�FAdYL\R �Qn¥L � F �"J\FHgUa|lML�FHJIKP8dYL � FHPabP8_HJmF]NOFHPQL�lL � a|lyJ\FHgUa|lML�FHJ]���P3L � F�abP�lML�J\Z�_�L\abRUP8lXL � I�L�_HJmF�I�L�F I�G�G[{ba|_AI�L\abRUP�l+I�P8dfIK�8lML\J'Ih_tL�abRhP8lH}�L � F�T9Z�P�_�L\abRUP*G�I�JmL+IKP8dªL � F

IK�8lML\J'Ih_tL�abRhP<��R`d�n<IKJ\F���RKL � Rh�[L'IKabP�F]d<T�J\RhN JmF]gUa|lML\F]J�lH�¬Ì+RA�F�jwF]JH}L � F]l\F�_HRUNYG�RUP[F]PwL'l¥NªI]n¶abPG�IKJML�a|_�Z�{�IKJclmakL�Z8I�L\abRUP8l�_�RUJ\JmFAlmG�RhP8d�L�RfG�F]JmNªIKP[F]PQL�jUI�J\a�I���{bFAlH���8Z[JmL � F]JmNORUJmFU}�L � F�n�NªI]n©IK_�L�Z8IK{b{knd[F]JmF]T�F]J\FHP8_�FyL�R lMLtIh_�Ë¥_HFH{b{|l#L � I�L N"Z8lML���F�gU{bRh��IK{bab�HFAdOG[J\abRUJ�L\RcZ8lmFh� �oPO{babg � LXRUT�L � F]lmF�G�RUl�lmab�[ab{bakL�abFAlH}RUZ�J�IK��lML�J'IK_�LcNªIK_ � abP[FYabP�_H{bZ8d�FAl�L � FYabP8lML�JmZ8_tL�abRUP�l &� �� (��� '���]º�� �����W¼�IKP�d &� �� (�� ���Aº��W¼'� �S� FO¡�J\lMLabP8lML�JmZ8_�L\abRUP*d�F]JmF]T9FHJ\FHP8_HF]l�L � F�G�F]J\N�IKP�FHPQL "°F]Pwj�abJmRUP�NYF]PQL ,£jUI�J\a�IK�[{bF�� ��� ��T�L � a|l L�Z[J\P�lXRUZ�LL�R���F�IJ\F]T�F]JmF]P8_�F L�R�L � FSlMLtIK_'Ë�}KL � F]P L � F jhIK{bZ�Fa|l£_HRUG[abFAd L\R�L � F � F�I�GYIKP�d L � FSlMLtIK_'Ëc_HFH{b{�IKP�d L � FJmF]gha|lmL\F]J�W¼�I�J\F���RhL � _HR�jUF]JML�FAd¥abPQL�RcJ\FHT9FHJ\F]P�_HF]lWL�R�L � F�P[FH�y{knO_�J\F�I�L�F]d � FAIKG�_�F]{b{¨��¤�L � FHJm��a|lmFyL � F�JmF]T�F]J\FHP8_�FL � I�L��F"ghFHL�L�R*I � FAIKG�_HFH{b{£a|l�IK{|lmR3lML�RhJ\FAd�abP�L � F�J\FHgUa|lML�FHJ �W¼t� �S� F"l\F]_HRhP8d�abP8lML�JmZ8_tL�abRUP�lmabNOG[{kn� +�,.-�24-B86E7F4C�-B2���W :$P�AB36<DC�:=E7<): AB36<.F4C�:=<@C$bJE7< [M,.E7A�,)A$:=F�-_C�,.-_^?24F4CO:=AIC�E736<)36L�C�,.-BF�-�E7<.F�C�24>.AIC�E736<.F�EKF�C�3 AB36<@HD-I2�C

��eE7<DC�3R:924-IL -I24-B<.AB-]C�3R:9573YAB:=C�EK3@<36<�,.-$:=Q�AB36<DC�:=E7<.E7<.8 C�,.E7FOAB36<.F�C�:6<@C$T

� u

Page 40:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

d[F]JmF]T�F]J\FHP8_�FAlyL � F �W¼SJ\FHgUa|lML�FHJ]}�gh{bRU�8IK{bab�]F]l�L � a|l�Ihl���F]T�RUJmF abTWP�FA_�FAl\l�IKJMn�I�P8d�{bF�IHjwF]l�IYJ\FHT9FHJ\F]P�_HFcL\RIYlmZ[akLtIK�[{bF � F�I�G�_�F]{b{!abP �W¼'�� 2e�4 19795[?3192�:©2�� � 1��@  C �¥CK=  C��*: 1 0�� 5[?3192�: ����POIKPwn�gUakjUF]PYZ�lmFSRUT�I�_H{�I�Z8lmFU}hL � FSL\F]JmN�l6L � I�LIKG�G�F�I�J�Ihl�IKJmgUZ[NOF]PwL'lyRhT£L � F � FAIhdfRUT#IO_H{�I�Z8lmF N�Z8lML���F Z�P[ab¡�F]df��akL � L � F�L�FHJ\N�lSL � I�L�IKJ\JmakjwF abPL � F�JmF]{bF�jUIKPwL+IKJmgUZ�NYF]PQLJ\F]gha|lML�F]J\lH� �S� F�_�RUNOG[ab{�I�L\abRUP3NOR�d�F]{�T�RUJ�²WJ\RU{bRhg"L�J�IKP8lm{�I�L�FAlFAIh_ � RUT!L � F]lmFlmL'I�L\a|_AIK{b{kn�ËQP�R��yP©L�F]JmN�l�abPwL�R�IflmF]§QZ�FHP8_�F¥RUTXabP�lML�J\Z�_�L\abRUP8l�L � I�LcFHakL � FHJc_HJ\FAI�L\FAlcI3JmF]{bFHjhIKPwL�L�FHJ\NL � I�LSL � F�abP8_HRhNOabP�gYIKJmgUZ[NOF]PwLya|l��RUZ[P8dªL�R¥abT>L � a|l�I�J\gUZ[NOF]PwLya|lyIKP*Z�P�abP�lMLtIKPwL�a�I�L�FAd�jUI�J\a�I���{bF I�P8dL � I�L�_AI�J\JmabFAl�RUZ[L�IKP¹I�P�IK{kn�lma|lcRUTXL � FOlML�J\Z�_�L\Z�J\FYRUT L � FªIKJmgUZ�NYF]PQLcabTakLca|lcP�RhL�I3jUI�J\a�IK�[{bFU� �S� a|lNOR�d�F]{£J\FA§wZ�abJmFAl�L � FYl�IKNYF¥abP�lmL\J\Z�_�L�abRhP8l�L�R*T9Z[P8_tL�abRUP©abP�L��XRfd[a���FHJ\FHPQL d`n�P8IKNOa|_]IK{b{kn�d[F�L�FHJ\NOabP[FAd�yI]n�lH}�IKP�I���ab{bakL�nªL � I�Lya|lyJ\FAIK{bab�HFAd3L � J\RUZ[g � L � F�Z�l\F�RUT>L � F�J\FAIhd�IKP�d3��JmakL�F�NOR`d[FAlH��>abT�L�abP[g"L � a|lXL�JmF�I�L\NOF]PwLSRUT>Z�P[ab¡8_]I�L�abRhP*L\RY_HR�jUF]JL � F�RUG�FHJ'I�L�abRUP*abPfakL�lSF]PwL�abJmFHL�nªabP3L � F � abg � FHJ r

RUJ�d�F]JSlmakL\Z�I�L\abRUPªa|ld[abÀO_HZ[{kLA� ��PªG8IKJmL\a|_HZ[{�IKJ]}�lmL'I�L\a|_AIK{b{knªI]jUI�ab{�IK�[{bF�lML�J\Z�_�L\Z�J\F�a|lXP[RhLSd[abJmFA_tL�{kn�Z�l'I���{bFRUP8_�FSI�T9Z[P8_tL�abRUPcjUI�J\a�IK�[{bF ��akL � IKJ\ghZ�NOFHPQL�l>a|l6J\FAIh_ � FAdcabP"akL#I�P8d a|l£IK{|lmR�d[abÀO_HZ[{kL6L�R�F�­�G�{bRhakL6� � FHP¥I��FH­`ab��{bFh}UP�RhPQjhIKJ\a�I���{bFG8IKJMLWa|l6FH­`G�RUl\F]d abP�L � FabP�_HRhNOabP�g�L�F]JmN J\FH{�I�L\akjwFXL\R�� � a|_ � I+l\F�L£RUT�NªI�L�_ � abP�gl\Z[�8lML�akL\Z[L\abRUP8l � IHjwFcL�R���FcL�JmabFAd���Ì�R��F�jwFHJ]}�I�L�{bF�IKlmL+L � F ¡[J�lML�G � IhlmF RhT£L�FHJ\N lmabNOG[{bab¡8_]I�L�abRhP�_AI�P��F�_HRhNOG�ab{bF]d¬IKP�d�}�abTcIKZ[gUNOFHPQL�F]d.��akL � L � F�lmabNOG�{bF�T9RhJ\N�lORhT�jhIKJma�IK��{bF��[abP8d[abP[gwl3d[a|l\_HZ�l\l\F]dµabP^`FA_tL�abRhP��Q� v }�NORUlmLªRUT�L � F�Z[P�ab¡�_AI�L\abRUPÊ_HRhNOG�Z�LtI�L\abRUPµL � I�L�I�J\a|lmFAlªabP¬G�J'IK_�L\a|_HF©_]IKP¬��F�L\J\F�I�L�F]d_HRUNYG�{bFHL\F]{kn��yakL � abP*L � a|lSG � IKlmFU�

�S� F &Qº � IKP�d<½ � � -'»Y_H{�IKl\lcRhTXÉ©«�p abP8lML�JmZ8_�L\abRUP�l�L � I�L�L�J\FAI�L � F�IKd�Z�P[ab¡8_AI�L�abRhP¹_]IKP!}DabP¢T°Ih_tLA}��F Ihd�IKG[L\FAdªL�RYJmF�I�{bab�]F�L � a|lya|d[FAI"� � FHPfL � F�L�F]JmN�L�RY��Fc_�RUNOG[ab{bFAd � Ihl�I"¡�J\lmL r RhJ�d[FHJ�lML�JmZ8_tL�Z�JmF I�LL � F L\RUG�{bF�jwF]{¨} �$�º%$b}�� � FHP�akL�a|l�IYjUIKJma�IK�[{bFU}!Iª_HRhP8lMLtI�PQL�RhJ�IKP©I�G�G�{ba|_]I�L\abRUP�abP�� � a|_ � L � F � FAIhd�a|lIf_HRhP8lMLtI�PQLA� ��� Ì�R��F�jwFHJ]}WI3T�FH�®_ � IKP�ghFAl�abP�abPQL�FHJ\G[J\FHL'I�L\abRUP¹I�J\FYP�F]_HFAl\l�IKJMn�T9RUJ�L � FOabP�lmL\J\Z�_�L�abRhP8l&Qº � ¾ � �t½ ��� ½���º�} &wº � � ���¾ � �� � I�P8d¬½ � � -�» � ���¾ � ��� � L � I�L�I�J\F*Z8lmF]d¶abP<_HRhNOG�ab{babP[g©JmabgUa|d.lML�JmZ8_�L\Z�JmFU��£abJ\lmL]}WL � F]lmF3abP�lML�J\Z�_�L\abRUP8l�N"Z�lmL�L'IKËUFªJmFAlmG�RhP8lmab��ab{bakLon¹T9RUJ � F�IKd r P�RUJmNªIK{bab�HabP�g�L � F3abP�G[Z[L"L\F]JmN I�LL � F�RUZ[L�lmFHLA� �oP3G�J�Ih_tL�a|_HFh}�NªI�PQnORUT!L � F]l\F+L�F]JmN�l � IHjwF�I ¡�J\lmL r RhJ�d[FHJSlML�JmZ8_�L\Z�JmFU}[I�T°Ih_tLL � I�Ly_AI�P3��FJ\FA_�RUghP�ab�]F]d"L � J\RhZ�g � I�T9F��µ§QZ[a|_'Ë�_ � F]_'Ë`lW��Z[ab{kL�abPQL�R�L � FyJmF]{bF�jUIKPwL�abP�lmL\J\Z�_�L�abRhP8l#lmR�L � I�L I�PYFH­�G[{ba|_HakLabPQjwR`_AI�L�abRUP�RUT � F�IKd r P�RUJmNªIK{bab�AI�L\abRUP�_AI�P���F�IHjwRha|d[FAd����RhL�a|_�F�L � I�L�L � F &wº � ¾ � ��½ �*� ½��\ºSabP8lML�JmZ8_�L\abRUPN"Z8lML�lmFHLcL � F���JmF]gUa|lML\F]J�L�R�G�RhabPQL L\R�L � FOjwF]_�L\RUJcRUTyIKJ\ghZ�NOFHPQL�lcabP¹_]IhlmFOL � F�abP�_HRUNYabP�gfL�F]JmN0a|lakL'lmF]{bT!IKP3I�G�G�{ba|_]I�L\abRUPO��akL � L � F�J\abg � L � FAIhd�IKP�d�}QZ�P�d[FHJ�L � F+_HRUP�lma|d[F]JmFAdYRUG�L�abNOab�AI�L�abRhP!}UL � a|l��RhZ�{|d��FA_�RUNOF+I�G�RUabPwL�F]J�F]akL � FHJ�abPQL\RcL � F�� �*lMLtIh_�Ë"RUJ#abPQL�R�L � F � FAIKG�� �S� F�lmFA_�RUP�dO_ � IKP�ghF�a|lWL � I�L�� � F]PL � F�abP8_�RUNOabP[g"L�F]JmN a|l�I�jhIKJma�IK��{bFh}[L � F &wº � ¾ � �t½ ��� ½���ºXabP8lML�JmZ8_tL�abRUP*N"Z8lMLy_HJmF�I�L\FcIKP�IKG�G[{ba|_AI�L�abRUPfRhTI�lmG�FA_�ab¡�F]d*I�J\akLon�RUPªL � F � FAIKG*IKP�d3lmR"l � RUZ[{|dªgUF�LL � a|lSIKJmakL�n3IKlSIKPfIKd�d�akL�abRUP8IK{�IKJmgUZ[NOF]PwLA� �oPªL � F¸8º�»M¼t½�¾I��8lML�J�Ih_tLyNªIh_ � abP�Fh}�L � F�abP8lML\J\Z8_tL�abRhP�IK_�L\Z�IK{b{kn � IhlL � F�T9RhJ\NªI�L&wº � ¾ � �t½ �*� ½ ��º � ��� - � �

� � FHJ\F �Ya|l�I�G�RwlmakL�akjUF�P`Z[N"��FHJ]³`� � F]P*FH­`FA_HZ�L�F]d3abP�I�NOR`d[F�abP3� � a|_ � I L�FHJ\N � IhlL\R¥��F�_�J\F�I�L�F]d�}L � a|l*abP�lmL\J\Z�_�L�abRhP G[Z8l � F]l�IKP IKG[G�{ba|_AI�L�abRhP �yakL � IKJ\akLon �¯I�P8d¬T�Z�P8_tL�abRhP G�I�JmL$-ORUPQL\R·L � F � FAIKG�}T9RU{b{bRA�F]d��wn�I3jUFA_tL�RUJ�RUTXl\ab�HF ��_HRhP8lML�akL\Z[L�abP[g*L � F�I�J\ghZ�NOFHPQL�G�I�JmL�RUT L � a|l I�G�G[{ba|_AI�L\abRUP¹I�P8d©l\F�L'lL � F���J\F]gha|lML�F]J�L�R*L � FO��FHgUabP[P�abP�g�RUT L � a|l�jUFA_tL�RUJH� �S� FY¡�P�I�{X_ � I�P�gUF�IKJ\a|lmF]lcT�J\RUN�L � FOT¨IK_�LcL � I�LL � F]lmFSabP�lmL\J\Z�_�L�abRhP8l£N"Z8lML�I�{|l\R�_]I�L\F]J6L�R�L � FSG�Rwl\lmab��ab{bakLon�L � I�LWL � FabP8_HRhNOabP�g�L�FHJ\N�a|l�IKPOI�G�G[{ba|_AI�L\abRUP*� �YEK<.AB-MC�,.E7F�C�-B24W [MEK575Zn�-_<.3624W :=57E�B-BG Q.24EK3@2�C�[email protected];:SC�E736<�b@C�,.-_36<.5KPR24-BW :=E7<.EK<.80QZ36F4F�E7n.E75KEKC�E7-BFe:=24-MC�,?:SC�EKCeE7F�:=<:6n.F�C�2�:=AIC�E736<�362M:=<�:6Q.Q.5KE7A$:SC�E736<[OEKC�,�: H=:=24E;:=n.57-V:SC�C�,.-],.-$:=G�T

qw~

Page 41:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

��akL � I ��FH­`ab��{bF � FAIhd���¤�P[F"G�RUl\l\ab�[{bF¥lML�J�I�L�FHghn�abP©lmZ8_ � I3_]IhlmF"a|l�L\RfIhd[d�IªlmZ[akLtIK�[{bF¥G8IKabJ�L\RªL � FFH­�a|lML\abP�g�d�a|l'I�gUJmF]F]NYF]PQL£lmFHL#IKP�d L�R�{bF�IHjwFakL�l£T�Z�JML � FHJ6G�J\R`_HF]l�lmabP[g�L�R�I+{�I�L�F]J6abPQL�FHJ\G[J\FHL\akjwFXL\J\FAI�L�NYF]PQLRUTWgUFHP`Z[abP�F � abg � F]J r RUJ\d[FHJ+Z�P�ab¡�_AI�L�abRUP��2��PfL � F�lmakL\Z�I�L\abRUPf� � F]J\FcL � F abP�lmL\J\Z�_�L�abRhP�a|l &wº � ¾ � �t½ ��� ½���º�}�FOP�RhL\F¥L � I�LcL � FªIhd[d[F]d�d[a|l�IKghJ\FHF]NOFHPQLcG8IKabJ���ab{b{XIh_tL�Z�I�{b{kn�abPwjwRh{kjwFªI3L�FHJ\N�L � I�Lca|l _HJ\FAI�L\FAd©�Qnl\Z[�8lmFA§wZ�FHPQL�IK_�L\abRUP8ly_]IKJ\JmabFAd*RUZ�L��wn3L � a|l�IKP�d*T9RU{b{bRA��abP[gOabP�lML�J\Z�_�L\abRUP8lSFH­�F]_HZ�L�FAd3abP*�yJ\akL�F�NOR�d�FU��oL a|lcabP�G�JmabP8_�abG�{bFªG�Rwl\lmab��{bFYL�R�F�­`L\F]P8d©L � F�_HRhNOG�ab{�I�L�abRhP�RUT¡�J\lmL r RhJ�d[FHJc{babËUFªlML\J\Z8_tL�Z[J\FYL\R�abP r

_H{bZ8d�F3L � F3_AIKlmF3RUTyL\F]JmN�lcL � I�L � I]jUFfIK��lML�J'IK_�L\abRUP8l¥I�L�L � F]abJ � FAIhd���Ì+RA�F�jwF]JH}#akL¥a|l"P�RKLY_H{bFAIKJ"abTF]P�RhZ�g � lmakL\Z�I�L\abRUP�lW� � F]J\FSL � a|lWa|l�P[F]FAd�FAd"��ab{b{�R�_]_�Z�J#abPOG[J'Ih_tL�a|_�F+lmR Ihl£L�R�NªIKËhF�lmZ8_ � I�L\J\FAI�L�NYF]PQLG�J'I�gUNªI�L�a|_]IK{b{kn©Z�l\FHT9Z[{¨��É�F¥L � FHJ\FHT9RUJmF�d[F]l\_HJ\ab��FªIflmabNOG[{bF]J IKG[G�J\RwIh_ � L � I�Lc�XRUJ\Ë`lcZ[P�abT�RUJ\NY{kn©T9RhJL � a|l�_]IhlmF"Ihly�F]{b{£Ihl�T9RUJ�L � F {�IhlML�JmF]NªI�abP�abP�gª_]IhlmFc� � a|_ � a|l+L � I�L�RUT�IKP�IKG[G�{ba|_AI�L�abRhP�� � RwlmF � F�IKda|lYIfjUI�J\a�I���{bFU� �oP¹FAl\lmF]P8_�FU}6L � FªL\F]JmN abP¶��RKL � lmakL�Z8I�L�abRhP8l�N�I]n���F�L�J'I�P8lm{�I�L\FAd¢abPQL\R©I�lmF]§QZ�FHP8_�FRUT�abP�lmL\J\Z�_�L�abRhP8l�L � I�L�_HRUP�lML�J\Z�_�L�l�akL'l�J\FHG�J\F]lmF]PQL'I�L\abRUP�I�P8d�{bFAI]jwF]l�I�J\FHT9FHJ\F]P�_HF�L\R3akL�abP�I�JmF]gha|lmL\F]JH}T9RU{b{bRA�F]d��wn�IKP�abP�lML�J\Z�_�L\abRUP�L � I�L�abPwjwRhËUFAl�L\F]J\N lmabNOG[{bab¡8_AI�L�abRhP�abP�abPQL\F]J\G[J\F�L�akjwF NOR�d�FU��É�F � I]jUFIK{bJ\FAIhd`n3d�a|l�_�Z8l\lmFAd�abP8lML\J\Z8_tL�abRhP8lXT9RUJ_HJ\FAI�L\abP�g � abg � FHJ r RUJ�d�F]JXL\F]JmN�lH� � R"JmF�I�{bab�]F�L � F�{�IhlMLSF*��FA_tLA}Q�FNªI]n�Z8lmF�L � F�&wº � �� ½8º�abP�lmL\J\Z�_�L�abRhP©T9JmRUN L � F"É©«�p L � I�LA}�abP¢I�PQn�_]IhlmFU} � Ihl�L\R*��FYIhd�IKG[L\FAd�L\Rd[F�I�{ ��akL �¹� abg � FHJ r RUJ�d�F]J L�FHJ\N�lH� ��P¹G8IKJML�a|_HZ[{�IKJH}#abP¹L � FªP[FH��T�RUJmN�}6L � FªabP8lML�JmZ8_�L\abRUP¹abPQjURUËhFAl"IKPabPQL�FHJ\G[J\FHL\akjwF"G � IKl\F�RhT#L\F]JmN�lmabNOG�{bab¡�_AI�L\abRUP�L � I�L�NªIHn�NªI�ËUF�lmabNOG�{bF��[abP8d[abP[gwl�T9RhJ�jhIKJma�IK��{bF]l�I�P8dL � I�L NªIHn�Ihd[d�P�F�� ��F�­�ab�[{bF r JmabgUa|d�G8IKabJ�l�L�R*L � FYF�­�a|lML�abP[g�d[a|l�IKghJ\FHF]NOFHPQL lmF�LA�ª«ÍlmabNOab{�I�JcË`abP�d�RhTgUF]P[F]J�IK{bab��I�L�abRhP¶N�Z8lML���FªNªIKd[FOL\R�L � F�½ � � -'» ��� ½8º�abP8lML�JmZ8_�L\abRUP���«�_�L\Z�I�{b{knw}�IKP[RhL � F]J�_ � IKP�ghF�L\RL � F]lmF�abP8lML�JmZ8_tL�abRUP�l�a|l IK{|lmRcP[FA_�FAl\l�IKJmnU�£«+{kL � RUZ[g � Z8lmZ�I�{8abNYG�{bF]NYF]PQL'I�L\abRUP8l£RUT!²WJ\Rh{bRUgcRhNOakL�R�_H_HZ�J\l r_ � F]_'Ë`l]}hL � FSG�{�IK_HFL�Rc_]IKJmJmn�L � F]l\FSRhZ[L#abT8L � F�n¥IKJmFyabP8_�{bZ8d�FAd"�RhZ�{|d¥��FS�yakL � abP¥L � FSG�JmR�_�FAl\lWabPwjwRUËhFAd�Qn3L � F &Qº � �� ½�º�I�P8d*L � FY½ � � -�» �� ½8ºabP8lML�JmZ8_�L\abRUP�l]� �� F lmakL\Z�I�L\abRUP�abP*L � F � abg � FHJ r RUJ�d�F]J+_]IhlmF�a|ll\abNYab{�IKJ]}�FH­[_�F]G�L�L � I�L�J\abgUa|d�G�I�L � _ � F]_'Ë`l��RhZ�{|d�JmF]G[{�Ih_HF�R`_]_HZ[J�l�_ � FA_�Ë�lH� �� FAlmF"_ � FA_�Ë�l�L�Z[J\P�RUZ�LL�R ��F+abP8d�a|l\G�F]P�l'I���{bF�L�RcL � F+F]Pwj�a|l�IKghFAdªIKG[G�{ba|_]I�L�abRhP8l RUT�L � F+{�IKP�ghZ�I�gUF�� � RwlmF+abNOG[{bF]NOFHPQLtI�L�abRhPY�FIKJ\F�_HRhP8lma|d[FHJ\abP[g�}�IKP8dªl\R�L � FHn3I�J\F�abP�_H{bZ�d[FAdªabP3L � F / � abg � F]J r RUJ\d[F]J�0QjwF]J\lmabRUP8lRhT!L � F &wº � �� ½8ºI�P8d½ � � -'» �� ½8º abP�lmL\J\Z�_�L�abRhP8lH�¢�+R���}XIhl¥d�a|l\_HZ8l\lmFAd¢abPµ^`FA_tL�abRhPµ�Q� v } I�J\abgha|d¶G�I�L � _ � F]_'Ë�NªI]n�T9RhJ�_�FRUP�{kn�I�G8IKJML�a�IK{�abP�lMLtIKPwL�a�I�L�abRUPORUT>I�jUI�J\a�I���{bF+L\R ��F�_HRhP8lML�JmZ8_�L\FAdYabP�G�I�JmL�a|_�Z�{�I�JXl\akL\Z�I�L�abRUP�lH}Q��akL � L � FJ\FAlML+RhTDL � F�abP�lmL'IKPwL�a�I�L\abRUP���F]abP[g�lmZ���±MFA_tL�L\RYL � F�J\FAlmRh{bZ[L�abRhP�RUT6P[FH��{knf_HRhP8lML�JmZ8_tL�FAd*d[a|l�IKghJ\FHF]NOFHPQLG�IKabJ\lH� �oP�_HFHJmLtI�abP�_HabJ\_HZ�NOlmL'IKP�_HFAlH}�L � FO½ � � -�» ��� ½8ºSabP8lML�JmZ8_tL�abRUP�N�I]n*akL�l\FH{bTW��F JmFA§QZ[abJ\F]dfL�RO��JmakL�FI"jhIKJma�IK��{bF�L\R¥L � F � F�I�G�I�P8d�}[T9RhJSL � a|lyJ\FAIhlmRUP�}[akL�Ih_]§wZ�abJmFAl+I�P�Ihd[d[akL\abRUP�I�{�L�n�G�F I�J\gUZ[NOF]PwLA�

«+T�L�F]JlmabNOG[{bab¡8_AI�L�abRhP � IKl��F]F]P3_AIKJmJ\abF]d3RhZ[LJ\FH{�I�L�akjUF�L\RYIK{b{�L � F+L�F]JmN�lIKG[G�F�I�J\abP[g"abP3L � F � F�IKdRUT£I"_H{�I�Z8lmFU}[akLyN�I]n���F�P�F]_HF]l�l�I�JmnOL�R¥abPQjURUËhFcIKP*abPQL\F]JmG�J\F�L�akjUF�G � IhlmF�RUT � abg � FHJ r RhJ�d�F]JSZ�P[ab¡8_]I�L�abRhP!�¤�Z[JcIK��lmL\J'IK_�L�NªIK_ � abP�F"abP8_H{bZ�d[F]l�L � J\FHF¥abP�lmL\J\Z�_�L�abRhP8l�T9RUJ�L � a|l�G[Z�J\G�RwlmFU�¥¤�P[F¥RhT�L � FAlmFh}�L � F ������H� º'º� � � ��¾ � ½ � � -�»�abP8lML\J\Z8_tL�abRhP!}8a|l+Z8lmF]d�abP�G[{�Ih_HFcRUT6L � F"����� � º'º� �abP8lML�JmZ8_�L\abRUP�RhT£L � F�É�«�p abP�L � Fl\akL\Z�I�L�abRUP�� � FHP�L � F"_�{�IKZ8lmF���R`d�n�a|l�FHNOG[Lon�IKP�d�� � FHP©IKP�Z�P[J\FAlmRh{kjwFAd � abg � FHJ r RUJ�d�F]J�Z[P�ab¡�_AI�L\abRUPG�J\Rh��{bFHN�NªIHn FH­`a|lmL]� �S� FSF���F]_�LWRUT�L � a|l£abP8lML�JmZ8_tL�abRUP¥a|l6L�R�lmFHL£L � FSG[J\RhgUJ'I�N�G�RhabPQL�FHJ£L�R�L � FS_HRUPwL�abP rZ�I�L\abRUP3G�RUabPwLA}`L\R¥lmF�LSZ[G�L � F�l � I�J\F]dªG8IKJMLSRUTDIc��J�IKP8_ � G�RhabPQLJ\F]_HRhJ�d*I�P8d�}`¡�P�I�{b{knw}`L\R�abPQjwRhËUF�_�R�d�FL � I�L�L�J\abF]l�L�Rf_HRhNOG�{bF�L�F¥L � F¥Z�P�ab¡�_AI�L�abRUP�G�J\R`_HF]l�lH� �S� FO_HR�d�F¥L � I�Lca|l�abPwjwRhËUFAd�L\J\abFAl�L�RfgUFHP�F]J�I�L\FI©N�I�L'_ � abP[g�lmZ���lmL\akL�Z�L�abRUP�� ��T�RUP[F�a|l¥T9RUZ[P8d�}XL � FHP·L � a|lYa|l�IKG�G[{babFAd·L\R©L � FflMLtI�L\FU}�L � F*jhIKJ\a�I���{bFG�IKJML�RhT£I"��J�IKP�_ � G�RhabPQLyJ\FA_�RUJ\d*J\FHG�JmFAlmF]PwL�abP�g"L � F�JmF]NªI�abP�abP�g¥N�I�L'_ � abP[gYlmZ���lML�akL�Z�L�abRhP8lSa|ly_�J\F�I�L�F]dIKP8d�L � F"lmabNOG[{bab¡8_AI�L�abRhP�I�P8d�lmZ���lmL\akL�Z�L�abRUP�ghF]P�FHJ'I�L�abRUP�G[J\R�_�FAl\lmFAl�IKJmF�akL�F]J�I�L\FAd���«�G�RhabPQL�L\R3P[RhL\FIK��RhZ[LL � F�lmakL�Z8I�L\abRUP3abP3� � a|_ � � ��� � º'º� � � ��¾ � ½ � � -'»�a|lZ�lmFAdªa|lL � I�LSP[ROIKJmgUZ�NYF]PQLJmF]gUa|lML\F]J�lP[F]F]d

q8s

Page 42:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

L�R���F�lmL\RUJmFAd�abP�L � F�l � I�J\F]d�G8IKJmL RUT L � FO��J�IKP�_ � G�RUabPwL�JmFA_�RUJ�d�� �� F�lmFA_HRhP8d�abP�lML�J\Z�_�L\abRUP!}yº � º�H� ½ � º � � �9¾ � ½ � � -'»K}`a|lZ8lmFAd�� � F]PªL � F���R�d`nªRhT!L � F�_�{�IKZ�l\F�_HRhP8lma|lML'lXRhT£I�lmabP�gh{bFcI�L�RUNYa|_�ghRQI�{¨� �S� a|labP8lML�JmZ8_�L\abRUP�d[a���FHJ�l+T9JmRUN � � � � º'º� � � �9¾ � ½ � � -�»�abP�L � I�L�akL�N"Z�lML�Z[G�d8I�L�FcL � F G�JmRUghJ'IKN G�RhabPQL�FHJ+L\RL � FSP[FH­QL#abP8lML�JmZ8_�L\abRUP¥abPYl\F]§QZ[F]P8_�F�I�P8dYI�{|l\R�l�IHjwFXL � Fy_�RUPwL�abP`Z8I�L\abRUP¥G�RhabPQL I�P8d"J\FH{bFHjhIKPQL I�J\ghZ�NOFHPQLJ\F]gha|lML�F]J\l#abPYL � F�l � IKJmFAd¥G�I�JmL�RUT�L � Fy��J�IKP8_ � G�RUabPwL J\F]_HRhJ�d¥T9RhJ�Z�lmF�RhPY��Ih_�ËQL\J'Ih_�Ë`abP[g�� �� F�PQZ�N"��F]JRUTIKJmgUZ[NOF]PwL�J\FHgUa|lML�FHJ�l�L � I�L�N"Z8lML���F¥J\F]NYF]N"��F]J\F]d���FA_�RUNOF]l�IªG8IKJ�IKNOF�L�F]J�L�R3L � a|l�abP8lML�JmZ8_�L\abRUP���S� F3¡�P8IK{abP�lML�J\Z�_�L\abRUP!} � �� � � � �9¾ � ½ � � -�»K}#a|l"Z8lmFAd�� � FHP¶L � F3��R`d�n¢RhT�L � F*_�{�IKZ8lmF � Ihl"N"Z[{kL�abG[{bFgURQI�{|l�abP�akL]}£I�P8d�L � FHJ\FHT9RUJmF¥J\F]§QZ�abJmFAlcIKP�FHPQj�abJmRUP[NOF]PwL�JmFA_HRhJ�d�L�Rf��FO_�J\F�I�L�F]d©T9RhJ�akL�l�abPwjwR`_AI�L\abRUP���S� a|labP�lML�J\Z�_�L\abRUP3��F � I]jUFAld[a���FHJ\FHPQL�{kn�T9JmRUN/º � º � ½ � º � � �9¾ � ½ � � -�»+abP*RhP�{knOL��XR¥JmFAlmG�F]_�L'lH� �£abJ\lMLA}�akLd[R`F]l�P�RhL�P�FHFAd�L�Rfl�I]jwF"L � FY_HRUPwL�abPQZ�I�L\abRUP©G�RUabPwL l\abP�_HF"L � a|l�a|lcI]jhIKab{�I���{bFYT9JmRUN�L � F¥F]PQj`abJ\RhP�NOFHPQLJ\FA_�RUJ\d���^QFA_�RUP8d�}W��FHT9RUJmFªakL¥IK{b{bR�_]I�L\FAl"lmG�IK_HF�T9RUJcL � F3l � I�J\FAd�G�I�JmL"RUTL � F���J�IKP8_ � G�RUabPQL"JmFA_HRhJ�d�}L � FcabP8lML\J\Z8_tL�abRhP�N"Z8lML+FHP8lmZ�JmFcL � I�L�lmZ�ÀO_HabFHPQL�lmG8Ih_HF � IKl���FHF]P�{bF]T�L�T�RUJyL � F G�F]J\N�IKP�FHPQL�jhIKJma�IK��{bF]labP�L � F"_�{�IKZ8lmFh��¤�P�Ih_]_�RUZ[PQL�RUT£L � F {�I�L\L�FHJ+J\F]§QZ�abJmF]NOFHPQL]} � �� � � � �9¾ � ½ � � -�» Ih_]§wZ�abJmFAl�L � F�_HRUZ[PQL�RhTL � F+G�FHJ\NªI�P�F]PwL jhIKJma�IK��{bF]lSIhlI�P*IKJmgUZ[NOF]PwLA}QabP*IKd�d�akL�abRUP�L\R L � F�_�RUZ�PwLXRUT�L � F+J\FHgUa|lML�FHJSIKJmgUZ[NOF]PwL'lL � I�L�P[F]FAd3L\RY��F�l�I]jwF]d��

�S� F"abPwL�FHJ\G�JmFHL\akjwF�G � IhlmF�RUT#Z�P[ab¡8_AI�L�abRhP�a|lH}�RhT�_HRUZ[J�lmFU}�P�RhL�IK{k�SI]n[l�P�FHFAd�FAd�� �oP�G8IKJML�a|_HZ[{�IKJH}�akLP�F]F]d¥RUP�{kn"��F+_�RUP�l\a|d�F]JmFAd¥abT�L � FSL � F�_�RUNOG[ab{bFAd"T9RUJmN�RUT�L�FHJ\N�lmabNOG�{bab¡�_AI�L\abRUPY{bF�IKd�lWL\R IKd�d[akL\abRUP�l#L\RL � F�RUJmabgUabP8IK{Qd[a|l�IKghJ\F]FHNOF]PwLDlmFHL>RUJ!L�R��[abP8d[abP[gwl>T9RUJ�jUIKJma�IK�[{bFAl!L � I�L � I]jUF#L � F G�RhL�FHPQL\a�IK{URUT�NYR�d[abT�n�abP[gL � F�lMLtI�L\Z8l�RUT�FH­`a|lML�abP�g�G8IKabJ�lH��^QL'I�L�a|_+_ � FA_'Ë`lX_]IKP3lmRhNOFHL\abNOFAl#��F+Z8lmFAdYL\R"d[F�L�FHJ\NOabP[F�� � FHL � FHJ L � a|l� IKG[G�FHP8l�I�P8d�}�_HRUP�lmFA§QZ[F]PwL�{knw}QL�RYd[F]_Ha|d�F�abT>L � F�P�F�� abP8lML�JmZ8_tL�abRUP�lSN"Z�lMLS��F�Z�l\F]d��#eWjwFHP3� � FHP3L � FabP8lML�JmZ8_�L\abRUP�lyIKJ\F�abP8_�{bZ8d�FAdªabP3L � F�_HRUNYG�ab{bFAdª_HR�d�FU}[lmabNOG[{bF�d�n`P�I�NOa|_�_ � F]_'Ë`lS_]IKP3��F�abP�_HRUJmG�RhJ'I�L\FAd��akL � abP¥L � FHN�L�R�§QZ[a|_'ËQ{knYd�FA_�a|d[FSL � FSabJmJ\F]{bF�jUI�P8_HFyRhT�T9Z�JML � F]J#G[J\R`_HFAl\lmabP�g�abPO_�F]JmL'IKabP¥abP8lMLtI�P8_HF]lH� �� F¸8º�»M¼t½�¾�abNYG�{bF]NYF]PQL'I�L\abRUPcZ[L�ab{bab�HFAl£lmZ8_ � a|d�F�Ihl>L\R�IHjwRha|d�Z[P�P[FA_HF]l\l'I�Jmn�FH­�I�NOabP�I�L�abRhP�RUT�d[a|l�IKghJ\FHF]NOFHPQLl\F�L'l�IKP�dflmFHLmL�abP[gYZ�GfRhTDL � Fcl � I�J\F]d*G�I�JmL�lyRUTD��J'I�P8_ � G�RhabPQL�J\F]_HRhJ�d�lH��C  5[?31°:���� 1 �! = �*Å Â Å©2�����C  = 1 � 5[?  Š� �S� Ff_�J\Z�­¶RUTyL � a|l"L�J\FAI�L\NOF]PwL¥a|l"L � Ff_HRhNOG�ab{�I�L�abRhPRUT �[FH­�ab�[{bF�I�L\RUNOa|_�gURwIK{|lH¦ NYak­�FAd*Z�l\F]lyRUT6G[J\FAd�a|_AI�L�F�L�FHJ\N�l�IKJma|lmFAlyFAl\lmF]PQL\a�IK{b{kn*T�J\RhN L � FcT°Ih_tL�L � I�L��FH­`ab��{bF gURQI�{|lDNªI]n���F abP�lmL'IKPwL�a�I�L\FAdc�wn�L�F]JmN�l!��akL � _�RUNOG[{bFH­�{bRUgUa|_]IK{`lML�JmZ8_tL�Z�JmFU}�L � FHJ\F]�wn�J\F ��FA_tL�abP[gabPQL�FHP8lmabRUP8IK{�R�_H_HZ[J\J\FHP8_�FAlXRhTD§wZ�I�PQL�ab¡[F]J\lSIKP�d3_�RUP[P�FA_tL�akjUFAlXabPwL�R�G�RUl\akL\abRUP�l � � F]J\F+L � F�nOT9Z�P�_�L\abRUP*Ihll\FAIKJ\_ � d�abJ\F]_�L�akjUFAlH�

�S� F G[J\RU�[{bF]N abPfL � FcL\J\F�I�L�NOFHPQLyRUT �[FH­�ab�[{bF"I�L\RUNOa|_�gURwIK{|l�a|lH}8RUTW_HRUZ[J�lmFU}[L � I�L�L � F]abJ�L\RUG r {bFHjUF]{lmL\J\Z�_�L�Z[J\FXa|l£d�FHL�FHJ\NOabP[FAd d�n�P8IKNOa|_]IK{b{knU}wI�P8d"lmR+L � FSlmG�FA_Hab¡�_Ih_�L\abRUP L�R���FG�F]JmT9RUJmNOFAdca|l6P�RKL£Ë`P�RA��PI�L _�RUNOG[ab{�I�L\abRUP©L\abNOFU�¥�+F�jwFHJmL � F]{bF]l�lH}DlmRhNOF¥G�I�JmLcRhT L � F�IK_�L\abRUP�_]IKP©��FO_�RUNOG[ab{bFAd��Qn�Z�lmabP�g*L � FË`P�RA��{bF]d[gUF�RUT�L � F�G�Rwl\lmab��{bF�_]IhlmFAl L � I�LS_AI�PfIKJma|l\Fh� ��P3G8IKJML�a|_HZ[{�IKJH} �[FH­�ab�[{bF�ghRQI�{|lS_]IKP3��F�_HRhNOG�ab{bF]dabPQL�R�_AI�{b{|l L\R"I lmG�F]_Ha�I�{�G�J\R`_HF]d[Z�JmF+P�I�NOFAdf¾�� Kº#L\Rc� � a|_ � "�L � F+abP�lMLtIKPwL�a�I�L�FAdYjUF]J\l\abRhPªRhT�,£L � F+ghRQI�{a|lXG[J\RAj�a|d[F]d3IKlIKP3I�J\ghZ�NOFHPQLA� ��POL � F�_AIKl\F�L � I�L "�L � F+P[RUJmNªIK{bab�HFAdOT9RhJ\N®RhT�,£L � F+abP�lMLtIKPwL�a�I�L�FAdOghRQI�{� Ihl�I�_HRhNOG�{bF�­�lML�JmZ8_tL�Z�JmFU}6L � F���F � IHj�abRhJ RUT�¾��� hºc_AI�P¢��F�FHPQj�a|l�I�gUFAd¹IKl abTSakL �F]JmF���IKl\F]d�RUP¶I_HRUNYG�ab{�I�L\abRUP�RUTWL � F�T9Rh{b{bR���abP[gf_�{�IKZ�l\F]l�abP�� � a|_ � �F�Z8lmF"lmF]NOa|_�RU{bRUP�L\R3JmF]G[J\FAlmFHPQL�d[a|l9±mZ[P8_tL�abRUP�abPIKPfFH­QL�F]P�lmabRUP�I�{�G�RUl\akL\abRUP�¦

¾��� hº�" ,��YO ,�� ,�"$##"M¾��� Kº ,���, � "M¾��� hº ,�� ,?�¾��� hº�" ,��YQ ,�� ,�"$##"M¾��� Kº ,���,t³ "M¾��� hº ,�� ,?�¾��� hº�" ,.,�"$#f¾��� Kº)" , � ,?�

qQv

Page 43:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� R�_HRhNOG�{bF�L�F L � Fyd�FAl\_HJmabG[L\abRUP"RUT>¾��� KºH}hakL#RhP�{kn J\FHNªIKabP�l6L\R�lmG�F]_HabT�n�akL�l£��F � I]j`abRUZ�JWabP"L � FSlmakL\Z�I�L\abRUP� � FHPcakL'l>IKJ\ghZ�NOFHPQL!a|lDI�P I�L�RhNOa|_£gURwIK{¨� �oP�L � F�_AIKlmFWL � I�L�L � a|l�gURQI�{Ua|lDI���FH­`ab��{bF#RUP[FU}Q¾��� Kº!lmZ�_]_HFHFAd[lIKT�L\F]JcabP�lMLtIKPwL�a�I�L�abP�g*L � F � F�Ihd©RUTXL � FYgURwIK{#L\R�I3L�FHJ\N/RhT L � FYT9RUJmN ¿(�����'¿4J"}>L � FY��abP�d[F]Jc��FHabP�g_ � RUlmF]P.�8IhlmFAd¶RhP·Lon�G�Ff_HRhP8lma|d[FHJ'I�L\abRUP�l]�-��T�L � a|lYghRQI�{Sa|l�I�J\abgha|d.RUP[FU}�L � F]P·akL'lOIKJmgUZ�NYF]PQL�lYI�J\F{bRQIhd�FAd�abPwL�R*IKG[G�JmRUG�Jma�I�L\FYI�J\ghZ�NOFHPQL�J\FHgUa|lML�FHJ�l�I�P8d�L � F � F�Ihd�a|l�Z8lmFAdfL�R3d[F�L�FHJ\NOabP[FcL � F"_�R�d[F L\R��F�abPQjURUËUF]d*P[FH­`L]���P¹L � F¬¸�ºH»M¼'½�¾cabNOG[{bF]NOFHPQL'I�L�abRhP!}£L � F©¾��� Kº�G�JmFAd�a|_AI�L\F*a|l"L\J\F�I�L�F]d.IKlYI���Z�ab{kL\abP.RhP�F�IKP�d¶akL�l

J\F�I�{bab��I�L�abRUPfa|l / � IKJ�d r �yabJ\FAd10�abPwL�R¥L � I�L�RUT>L � F�I��8lML�J�Ih_tLyNªIh_ � abP�Fh�

� ��� ��� � � �-,���� ��! 8 � � �-��,���% 8 � %��

zSIKl\F]d¥RhPYL � Fy_HRUNYG�ab{�I�L\abRUPYl�_ � FHNOFyd�FAl\_HJmab��F]dYabP¥L � a|l�lmFA_tL�abRhP!}w_HR`d[FyRUT8L � FST9Rh{b{bR���abP[gcT9RhJ\N�NOabg � L��F�gUFHP�F]J�I�L\FAd*T�J\RhN�L � Fcd[F]¡[P�akL\abRUPfRUT>L � F 0���� -'½ ��G[J\F]d[a|_AI�L�F�G�JmFAlmF]PwL�F]d3abP�^`F]_�L�abRhP v ¦

0 �1� -�½ � � ¾21 � ��� � �� � º �10 � � ��� � � ��� � -���� ��� ��� � �t» 0Oº º* ¾�º���� � � � 0���� -'½ �� � � &wº � � � � � � � �

&wº � � � � � � � � � ����� � º'º� � � ��¾ � ½ � � -�» �

��� � � �t½�¾ � 0�º � � 0���� -'½ ���� � &wº � '�9¾ � � � � ���

½ � � -'» �� ����� (� |º ��� � � » � � �½ � � -'» �� ����� (� |º � � � � » � � � � �&wº � '�9¾ � � � � �� ���½ � � -'» �� ����� (� |º ��� � � » � � � �½ � � -'» �� ����� (� |º � � � � » � � � ���&� �� (��� '���]º � � ��8½ � � �1� � ��� � � � ��� � � ������½ � � -'» �� ½�º ��� � � » � � ���&wº � �� ½8º ��� � ��� � � ��� � �º � º � ½ � º � � �9¾ � ½ � � -�» � � ��Hº � º � ½ � º 0 �1� -�½ � � 0���� -'½ ��� � � � �

�S� a|l�_HR`d[F¹Z8lmF]l�L � F¶abP�lML�J\Z�_�L\abRUP8l &Qº � � �� �IKP8d &Qº � '�9¾ � L � I�L�JmF�I�{bab�]FU}¥IKl�abP�L � F¢É�«�p�}�lmG�F r_Ha�IK{_]IhlmFAl�RhTSL � F &Qº � � ���¾ � ��� � I�P8d &Qº � ¾ � �t½ ��� ½���ºcabP8lML\J\Z8_tL�abRhP8lH�©«+{|lmR�Z�lmFAd¢a|l L � FªabP8lML�JmZ8_�L\abRUP¾.1 � ��� � �� � º �10ÊL � I�LSIKd8I�G[L'lXI�P�abP�d[F�­�abP�g abP8lML�JmZ8_tL�abRUPY��akL � L � F+l'I�NOFyP�I�NOF�T9JmRUN�L � FyÉ�«�p��(�oPRUZ�J�_�RUPQL\FH­QLA}�L � a|lyabP8lML\J\Z8_tL�abRhP*LtI�ËUF]lSL � F�T9RUJmN

¾21 � ��� � �� � º � 0 ���(� �,����� �� � FHJ\F �!} �6} ��I�P8d�� � IKJmF©Ihd�d�J\F]l�lmF]lOL�R¢� � a|_ � _�RUPQL\J\Rh{�N"Z�lmL���F�L\J'IKP�lmT9F]JmJ\F]dµabP¬_AIKl\F�L � Fd[F]JmF]T�F]J\FHP8_�FAdªIKP�d � F�Ihd r P[RUJ\N�IK{bab�]F]dYjUF]J\l\abRhPªRhT�L � F�jUI�{bZ�F�lML\RUJ\F]dOabPªJ\F]gha|lML�F]J6� �Sa|l]}`JmFAlmG�F]_�L�akjUF]{knU}I �[FH­`ab��{bF L\F]JmN�}�IYJ\abgUa|d�L\F]J\N L � I�L � IKl�I�_HRhP8lMLtI�PQL�d[a���F]JmF]PQL�T9JmRUN ����IKl�akL�l � FAIhd�}�IOP[RUP[F]NOG�L�n{ba|lmLyRhJ�I L\F]JmNÍ�yakL � I���RhZ�P�dªjhIKJ\a�I���{bFcIKlakL'l � FAIhd�� ��PªL � F�Z8lmF�L � I�LSa|lSNªIKd[F�RUT!L � a|labP8lML�JmZ8_�L\abRUP

q �

Page 44:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

IK��RAjwFh}/-���� �a|lIhl\lmZ�NYFAd¥L\R ��F�L � F�{bR�_]I�L\abRUP�RUT!_�R�d�F�L � I�LX_AI�Z8lmFAl��8Ih_�ËQL�J�Ih_�Ë`abP�g[� �� F+abP�lmL\J\Z�_�L�abRhP8l� ��» 0�º º� ¾Hº"IKP�d � ��½`¾ � 0Oº�L � I�L�I�J\F*Z8lmF]d � F]J\F3T9Z[P8_tL�abRUP.Ihl�L � F�n¶d�R©abP¶L � FªÉ©«�p L\R�_HJ\FAI�L\FU}Z[L�ab{bab�HF¥IKP8d�d�a|l�_]IKJ\d�_ � RUa|_�F�G�RhabPQL�l]³�IKP�FH­QL�J'IYP`Z[NOF]Jma|_�IKJ\ghZ�NOFHPQL � IKl���F]FHP�abP8_�{bZ8d�FAd���akL � FAIh_ �RUT�L � F]N�L � I�L�abP�d[a|_AI�L�F]l#L � FyP`Z[N"��FHJ#RUT�IKJ\ghZ�NOFHPQL#JmF]gUa|lML\F]J�lWL � I�LXIKJmFSL�Rc��F+l�IHjwFAd¥RhJ�J\F�L�J\abF�jwF]d�IhlJ\F]{bF�jUI�PQLA� �� F�½ � � -�» ��/� ��� (* bºDIKP�dª½ � � -�» �� ½8º>abP8lML�JmZ8_tL�abRUP�lDL � I�LWIKJ\FXZ�l\F]dcLtIKËhF L�n�G�FXG�IKJ�IKNOF�L�FHJ�lT9RUJWJmF�IKl\RhP8l6L � I�LW�XF � IHjwF�IK{bJmF�IKd�n�FH­`G�{�I�abP�FAd�� ��P"L � a|l£G�IKJML�a|_�Z�{�IKJWabP8lMLtI�P8_�FU} � » �SIKP�d � » ��IKJmFL�R���FZ�P8d�F]J\lmL\R`R`d�Ihl+JmF]T9FHJ\FHP8_HF]l�L\R�L � F�JmF]G�JmFAlmF]PwLtI�L�abRUP�RUT£L � FcL�n`G�FAl �>IKP8d '��¾ � � ��}�J\F]lmG�FA_tL�akjUF]{knw��É�FP�RhL\F�L � I�L+abP*L � F�RUP�{kn*G�{�IK_HF�� � FHJ\F�L � FY½ � � -'» �� ½8ºSabP�lML�J\Z�_�L\abRUP�IKG�G�F�I�J�lyabPfL � a|l+_HR�d�FU}[L � F]JmFca|lP�R�Z[L\ab{bakL�nOT9RhJXL � F�L�n�G�F�I�J\gUZ[NOF]PwLSIKP�d�}`RU��l\FHJmj`abP�g L � I�LXL � a|l abP8lML\J\Z8_tL�abRhPª�yab{b{�P�FHjUF]JX��F+FH­`FA_HZ�L�F]dabP¥J\F�IKd"NOR�d�FU}K�XFSNªIHn J\FHG�{�IK_HFSakLW��akL � I�lmG�FA_Ha�I�{�¾�º � �� ½�ºDabP8lML�JmZ8_�L\abRUPOIKlWl\Z[gUghFAlML�F]d�abP � �%� � �B� «+lI�¡�P�I�{!_HRhNONOF]PwLA}w�F�RU��lmF]JmjUF�L � I�Ly��RhL � L � F�� � � � º'º� � � ��¾ � ½ � � -'»�IKP�dªL � F�º � º � ½ � º � � �9¾ � ½ � � -�»abP8lML�JmZ8_�L\abRUP�l+L � I�L�IKG�G�F�I�J�abP�L � a|l�_�R�d�F"IKJ\F FAl\lmF]PwL�a�IK{¨¦yd�F]G�F]P8d�abP�g�RUP�L � F T9RUJmN RhT£L � F ¡�J\lmL�I�P8dL � abJ\d�abP8_HRhNOabP�g3IKJmgUZ�NYF]PQL�lH}�F�­�FA_�Z[L\abRUP�RhTWL � F L\F]JmN�lmabNOG[{bab¡8_]I�L�abRhP�_�R�d[F T�RUJ+F]akL � F]J�_H{�I�Z8lmF�N�I]n{bF�Ihd3L\RY��abP�d[abP[gwlSL � I�L�I���FA_tLyL � FclML'I�L�F�RhTDL � F�F�­�a|lML�abP[gOd[a|l�IKghJ\F]FHNOF]PwL�lmFHLA�

�S� F�d�F]¡�P[akL�abRhP�RUT 0��1� � ��º� 3G[J\FAlmFHPQL�F]d�abP©^QFA_tL�abRUP v ab{b{bZ8lML�J�I�L�F]l�I¥NOak­�F]dfZ8lmFcRUT#IYG�JmFAd[a|_]I�L\FjUIKJma�IK�[{bFU�XVXRhNOG�ab{�I�L�abRUPfRhTDL � I�L�d[F]¡[P�akL\abRUPfNOabg � LyG�JmR�d[Z�_HF�L � F�T�RU{b{bR��yabP�gO_HR`d[Fh¦

0 �1� � �\º� � ¾21 � ��� � �� � º � 0 � � � � � � ��� ��-���� ��� ��� � �t» 0Oº º* ¾�º�� � � � � 0��1� � ��º� � � � &wº � � � � � � � ��

&wº � � � � � � � � � � � � º'º� � � ��¾ � ½ � � -'» �

��� � � �t½�¾ � 0�º � � 0��1� � ��º� ��� � �� �� � � � º �

&wº � '�9¾ � � � � "M¦b¦½ � � -'» ��/� ��� (* bº ��� � � » � � �½ � � -'» ��/� ��� (* bº � � � � » � � � � �&wº � �� ����� (� |º � � � � � � &wº � '�9¾ � � � � ���½ � � -'» ��/� ��� (* bº � � � � » � � �

½ � � -'» ��/� ��� (* bº � � � � » � � � � �� �� � � ��¾ � ½ � � -'» � � � � ��H&� �� (��� '���]º � � � � � ���½ � � �1� ��� � � � � � � � � � ��0½ � � -'» ��� ½8º ��� � � » � � �½ � � -'» ��� ½8º � � � � » � � � �� �� �¾�� Kº � � � � � ���½ � �� ½8º � � � � � �%0 �1� � �\º� � ���½ � �� ½8º � � � � � � ��½ � �� ½8º � � � � � � � � wº�� � �� � � � º �

*4* +�,.E7F]E7FBbXE7< L :6AhC$b![M,?:SCVE7F]G.36<.-�EK<mC�,.- :=n.F4C�2�:=AIC]W�:6A�,.E7<.-�:=<.G AB36W�Q.E757:=C�EK3@< W�3DG.-B5�:6AhC�>?:65K5KPm>.<.G.-B245 PJE7<.8�C�,.-� �� ��k��eEKW�Q.57-IW�-B<@C�:SC�E736<�T

qhq

Page 45:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

º � º � ½ � º 0 �1� � ��º� � �

É¢F3Ihl\lmZ�NOF � F]JmF�L � I�L � » �ªI�P8d � » ��IKJmFªJ\FHT9FHJ\F]P�_HF]lcL�R�L � F3JmF]G[J\FAlmFHPQLtI�L�abRhP¢RUTSL � FOL�n�G�FAl�� I�P8d '�9¾ � � ��}>J\F]l\G�FA_tL�akjwFH{knw� �� F ��FH­`ab��{bF¥gURQI�{�% � � ��a|l�L\J'IKP�lm{�I�L�F]d�abP©L � a|l�_HR`d[FY�wn©I*_]IK{b{£L�R3L � FG�J\F]d[a|_]I�L�F�¾�� Kº�IKl"d�a|l\_HZ8l\lmFAd�FAIKJm{babF]J�abP¢L � a|l�lmFA_tL�abRhP!� � R��SIKJ\d�l Z�P�d[F]J\lMLtIKP�d[abP[g�L � F�P�I�L�Z�JmFªRhTL � a|lL�J'I�P8lm{�I�L\abRUP�}[�F�NOabg � L�_�RUP8lma|d�F]JSL � F�FH­`FA_�Z[L�abRhPfRhTDL � Fc§wZ�F]JMn

0 �1� � �\º� " (�� (�¦b¦�¾�½8º�¦|¦ � �� , " ¿_6�¿��3[ � "!� �/��º�� � 6 � ,�O " � � ��º�� ��� � , ,R�S�d[a|l\_HZ�l�lmF]d3abP�^`F]_�L�abRhP v � VX{�I�Z8lmF�abP8d�FH­�abP[g"��ab{b{�{bFAIhd�L�R�L � F�l\FH{bFA_tL�abRUP3RUT�L � F�_HR`d[F�T9RhJXL � F�lmFA_�RUP�d_H{�IKZ�lmF�T�RUJ 0��1� � ��º� fabPµL � a|lª_]IhlmFU� �S� F�L\F]J\N)lmabNOG[{bab¡8_AI�L�abRhP¯G�I�JmLªRUT�L � a|l3_�R�d�F���ab{b{�F�­�FA_�Z[L\Fl\Z�_]_�FAl\lmT9Z�{b{knU}wL � F�L\F]J\N [ � "!� �/��º�� � (�� ( � ,�O�" � �/�\º�� ��� � , ,6��ab{b{���F+T�RUJmNOFAdOIKP�d�lML�RUJmFAdYabP�JmF]gha|lmL\F]J� ��IKP�d.L � F�_HR`d[F�T�RUJ�¾��� hº¥��ab{b{+��F�abPwjwRUËhFAd���i+lmabP�g¢L � F�d[FH¡�P�akL\abRUPµRUT"¾��� KºH}L � a|lOgURQI�{���ab{b{��FYlmabNOG�{bab¡[FAd�}!{bF�IKd[abP[gfFHjUF]PwL�Z�I�{b{kn�L�RªL � F¥abPQjwR`_AI�L�abRUP©RhT�L � FOI�L�RUNYa|_�gURwIK{|l � �/��º�� � (�� (�� �"I�P8d � �/��º�� � � � ��� �S� F+J\FA_�Z�J\l\akjUF�_AI�{b{8L�R$0��1� � ��º� ��ab{b{�{bF�IKd�}`abP3IclmabNOab{�I�J T¨IKl � abRUP�}wL�RcL � F+abPwjwR`_AI�L\abRUPRUT!L � F�I�L�RhNOa|_�ghRQIK{|l � �/��º�� � ¾�½8º���� ��I�P8d � �/��º�� � ��� ��� ��� �� F�§QZ�FHJmnOjUI�J\a�IK�[{bF2�f��ab{b{���F���RUZ[P8dI�L�L � FcFHP8d3L�RªI"{ba|lmL+_HRUPwLtI�abP�abP�gYL � F�jUIK{bZ[FAl�d[F�L�F]JmNOabP�F]d*T�RUJ���IKP�d����A�wn3L � FAlmF�gURwIK{|lH�X«+P[RhL � F]JG�RUabPwLSL�R¥P[RhL�F�a|lL � I�L+I�{b{�L � F�Z�P[ab¡8_]I�L�abRhP*G�JmRU��{bFHN�lXL � I�L�IKJma|l\F�JmF]{�I�L�akjwF�L\R"L � F�§wZ�F]JMnªRUT>abPQL\F]J\F]lMLIKJ\F�RhP�FAlL � I�L�_AI�Pf��FclmRU{kjUFAdª��akL � RUZ�L�L � F�abPQjwR`_AI�L�abRUPfRhTDL � F�abPwL�F]JmG�JmFHL�akjUFU} � abg � F]J r RUJ\d[FHJ�G � IKl\Fh�

� �¯���", �'%"&����+�

É¢F � I]jUF�_HRUP�lma|d[F]JmFAdOabPOL � a|l�G�I�G�F]J�L � F+abNOG[{bF]NOFHPQL'I�L�abRhPYRUT>IKP�F�­`L\F]P8lmabRhPOL�R {bRUgha|_+G[J\RUghJ'I�NONOabP�gL � I�L�a|l �8IhlmFAd�RUP¢G�F]J\NYakL\L�abP[g�I�§wZ�I�PQL�ab¡�_AI�L�abRUP¢RAjwFHJ G�J\F]d[a|_]I�L�F3I�P8d�T�Z�P8_tL�abRhP¹lMn�N���RU{|l IKP�d�RUPZ8lmabP�g�{�IKN���d8I�L\F]JmN�lXIhl d8I�L'I lML�JmZ8_tL�Z�JmFAl�abP3G[{�Ih_�F�RUT�¡[J�lML r RUJ\d[F]J�L�FHJ\N�lH� ��P3Ihd�d�akL�abRhPªL\R¥Ic_AIKJmF]T�Z�{FH­�G�RwlmakL�abRhP<RUT+L � Ffa|l\lmZ�F]lYL � I�LOP[F]FAd¶L\R���F�d�F�I�{kLO�yakL � abP¯I©{bRA� r {bF�jwFH{�J\FAIK{bab��I�L�abRhPµRhT�lmZ�_ � IKPFH­`L\F]P�l\abRhP!}WRhZ�J"_HRhPQL�Jmab��Z�L�abRUP�lYI�J\F�L � J\FHF]T9Rh{|d�¦"�F � I]jwFªd[a|l\_HZ�l\l\F]d¢J\F]G[J\F]l\FHPQL'I�L�abRhP8l T9RhJ�{�I�N"��d�IL�F]JmN�l>L � I�L£T¨IK_Hab{bakLtI�L�F L � F]abJ£abPwL�FHP8lmabRUP8IK{QL�JmF�I�L\NOF]PwLA}��F � I]jUFXG�J\F]lmF]PQL\FAd NOF]_ � I�P�a|lmN�l>T�RUJ6J\FAIK{bab�]abP[gL�F]JmN J\F]d[Z8_tL�abRhP I�P8d¯T9RUJ*lmZ�G[G�RUJML�abP[g � abg � FHJ r RUJ�d�F]J3Z�P[ab¡8_AI�L�abRhP¬��akL � abP I¹{bRhgUa|_�G[J\RUghJ'I�NONOabP�gNªIh_ � abP�F�NOR`d[F]{�I�P8d¯�F � I]jUF�l\ËhFHL�_ � F]dÊIKP I�G�G[J\RQIK_ � L\R._HRUNYG�ab{�I�L\abRUP�� �S� F©a|d�F�IKl3L � I�L3�F� I]jUF�G[J\FAlmFHPQL�F]d � FHJ\F � I]jUF©��F]FHP Z�l\F]dÊabP IKNªI�{bgQIKN�I�L�abRhP¯��akL � RhL � F]Jfd[FHj`a|_HF]l3L � I�L*�F � I]jUFd[FHjUF]{bRhG�FAd�T�RUJ�L � F"L\J\F�I�L�NOFHPQL�RUT�P�F���l\_HRUG[abP�g*NOF]_ � IKP�a|lmN�l�I�P8d�RUT�G�RU{kn`NORUJmG � a|_�L�n�G[abP�g3abP�IKPIh_�L\Z�I�{!abNOG[{bF]NOFHPQLtI�L�abRhP*RhTDL � F�¿8²#JmRU{bRUgY{�I�P�gUZ8IKghFU�

«�§wZ�FAlML\abRUP�RUT�L�FHP�RUTWabPQL\F]JmFAlML�abP�L � F�_HRhPQL\FH­`L�RhTW{�IKP[gUZ�I�gUF F]P�Jma|_ � NOF]PwL'lya|l+L � F G�F]JmT9RhJ\NªI�P8_HFd[F]ghJ'IKd8I�L\abRUP�L � I�L�a|lyL�R���F abP8_HZ[J\JmFAd�RhP�Ih_H_HRUZ[PQL+RUT£L � F]Nf� �S� FHJ\F"I�J\FcL��XR�T¨IK_�L�RhJ�lyL � I�L+{bF�IKd�L\RI"d�a���F]JmF]PwLSL\J\F�I�L�NOFHPQLRUT!¡�J�lML r RUJ\d[FHJSG[J\RUghJ'I�N�l ��akL � abP*RUZ�JT9J�IKNOF��RhJ\ËYT9JmRUN L � I�LyabPªL�J�Ihd�akL�abRUP8IK{²#JmRU{bRUgªabNOG�{bFHNOF]PwLtI�L\abRUP�l]�.�6abJ�lMLA}�Ihl�d[a|l\_HZ�l�lmF]d�abP�^`FA_tL�abRhP q � �Q}!I�J\FHG�JmFAlmF]PwLtI�L\abRUP�N"Z�lmL���F"Z8lmF]dT9RUJc_HRUNYG�RUZ[P8d�L�F]JmN�l�L � I�LcG�FHJ\NOakL�lc_ � I�P�gUF]l�L�Rf��FONªIKd[F"L�RfabPQL\F]J\P8IK{�P[R�d�FAl�abP�L � FHabJ�L�JmF]F r {babËUFlmL\J\Z�_�L�Z[J\Fh��^`F]_HRUP�d�}UL � F�R�_H_HZ�J\l r _ � FA_�Ë L � I�L a|l#Z8lmZ8IK{b{kn¥RUNOakLmL�FAd"abP�{bRhgUa|_yG�JmRUgUJ�IKNONYabP�g�{�I�P�ghZ�IKghFAla|l�P[RhL�J\FAIK{b{kn�Iª{bZ�­�Z[Jmn�abP�L � F¥abNOG�RUJMLtIKPwL � abg � F]J r RUJ\d[F]JcI�G�G[{ba|_AI�L\abRUP�l]�"«�L � abJ\d�T¨IK_�L�RhJ]}�P�RhL�d[a|l r_HZ8l\lmFAd � F]JmF���Z�LSL � I�Lya|lSJ\FH{bFHjUI�PQLSL�R"L � F�T9Z[{b{6¿�²WJ\Rh{bRUg¥{�IKP�ghZ�I�gUFU}[a|l�I�J\Z�PwL�abNOF�R�jUF]J � F�IKd�I�J\a|lmabP�gT9J\RhN G�RU{kn`NORUJmG � a|_OLon�G�abP[g�� �S� F3abNOG8Ih_�L�RUTyL � FªR�_H_HZ[J�l r _ � FA_�Ë�a|l"Rh�Qj�abRhZ8lm{kn¢P�RUP r Z[P�abT9RhJ\N I�P8dL � FHJ\FHT9RUJmF�abNOG�Rwl\lmab��{bF�L�RO§wZ�I�PQL�abT�n3abP�I"ghF]P[F]J'I�{!NªI�P�P[F]J]�W«�_AI�J\F]T�Z�{>IKl�lmF]l�lmNOFHPQLSRhTDL � F�¡[J�lML�I�P8d

q �

Page 46:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� ��º � �� � ��¾ � ��½ � ��� �/� � �K¾Hº� �8»K¾ � º 0 ��º � ��º�¾�º�� � � � ���� �yº ����ºH¾�º�� � � � ���

0 �� »/0 �/�#� �(� � � � ����/0 �/�#� �(� � �� »/0�� � � �(� �¸�ºH»M¼'½�¾ % ���$�� H ( � ��� sUs � uhu lmFA_Hl s*+ � � ! l\F]_]l v�s � s�+ lmFA_Hl���4� H# ���� ���& �� $���$�� � + � s l\F]_]l + � + lmFA_Hl���5� � � ½�¾ � $�� $ � � ~ � v �"l\F]_]l ~ � �w��lmFA_Hl

�£abghZ�JmF��`¦ � abNOabP�g�VXRUNYG�IKJma|lmRUP8lR�jUF]J���I�akjwF'�yF�jwFHJ�lmF

L � abJ\dµT¨Ih_tL�RhJ�l�J\F]§QZ�abJmFAlªF�­�G�F]J\abNYF]PQL�lY��akL � _HRhPQL�JmRU{b{bF]dÊI�Z[­`ab{ba�IKJmn<abNOG�{bFHNOF]PwLtI�L\abRUP�l]}SlmRUNOF�L � abP�g��FHnURUP�d©L � FOl\_HRhG�FYRhT L � a|l�G8IKG�FHJ]��Ì�R��XFHjwFHJ]}6I3J\RUZ[g � Ihl\lmFAl\lmNOFHPQL�a|l�G�RUl�lmab�[{bFU� �>a|lML�l�J\F]_HF]akjUF�Il\G�FA_�a�IK{bab�]F]dfL�JmF�I�L\NOF]PwL�abP�L � F�¸8º�»M¼t½�¾lMn[lML\F]N L � I�L�_HRhNOFAly_H{bRwlmF�L�RYL � F Z�l\Z8IK{>JmF]G[J\FAlmFHPQLtI�L�abRhP�RhT¡�J�lML r RUJ\d[FHJ#lML�JmZ8_tL�Z�JmFAlH�Wz�n�_HRUPwL�J�IhlML�abP[g�G�FHJ\T9RhJ\NªI�P8_�FZ[P8d�F]J#lmZ8_ � I+L\J\FAI�L�NYF]PQL6�yakL � L � I�L£� � FHPOIjUIKP[ab{b{�I�T9Z[P8_�L\RUJ r ��IKlmFAd�JmF]G[J\FAlmFHPQLtI�L�abRhP3a|lXZ8lmF]d�}�I�lmFHP8lmF�RUT!L � F�Ihd[d[akL�abRhP�I�{�_HRUlmLS_]IKP3��F�RU��LtIKabP[FAd���£abghZ�JmF���G�JmFAlmF]PwL'l#L � F+J\F]lmZ�{kL'l�RUT�L � F+Ë`abP�d�RhT�FH­�G�F]JmabNOF]PwLd�FAl\_HJmab��FAdªI���RAjwFU}QG�FHJ\T9RhJ\NOF]dY�yakL �

¸8º�»M¼t½�¾#jwFHJ�lmabRUP s � ~�r � � v NOR`d[ab¡[FAdªL�R¥RhNOakLSL � F�R�_H_HZ�J\l r _ � FA_�Ë�� �S� F�PQZ�N"��F]J�labP3L � F�LtI���{bF�J\F]G[J\F rl\FHPQL+L � F L\abNOFcLtI�ËUF]P��Qn s]~ } ~h~U~ abPQjUR�_]I�L�abRhP8l�RhT#P8IKakjwF�JmFHjwFHJ�lmF�RhP©I � ~ FH{bF]NOFHPQL�{ba|lMLA��«+{b{DL\J\a�IK{|lH}� F]JmF+IKP8d"��FH{bR��c}U�FHJ\F�_AI�J\JmabFAd¥RUZ�L RhP�I qUqw~ p�Ì+��i�{kL�J'IU^[²�«��SV r � ��a[G�JmR�_HF]l\l\RhJ]�£«µT9Z[P8_�L\RUJ r ��IKlmFAdJ\F]G[J\F]l\FHPQL'I�L�abRhP�T�RUJ�{ba|lML'l+abP�¸8º�»M¼'½�¾y_]IKP���F"_ � RwlmF]P�L�Rª��F�FHakL � FHJ�NORUP[RUNORhJ\G � a|_cRhJ�G�RU{kn`NORUJmG � a|_abP©P8I�L�Z[J\FYIKP�d�FH­`FA_HZ�L�abRhP�L�abNOF]l�IKJmF"G�JmR�j`a|d[FAd�T9RhJ���RKL � � �oP©_HRhPQL\J'IhlML]}�L � F¥lmG�F]_Ha�I�{bab�]FAd�{ba|lML�JmF]G rJ\FAlmFHPQLtI�L�abRhP�a|l�I]jhIKab{�IK�[{bF¥RhP�{kn�abP�G�Rh{kn�NORhJ\G � a|_�T�RUJ\Nf� �8JmRUN L � F�L\abNOabP�g3NYF�IhlmZ[J\F]NYF]PQL�l�T9RhJ�L � FG�RU{kn`NORUJmG � a|_SjwFHJ�lmabRUP�l]}h�F+_�RUP8_�{bZ8d�FyL � I�L#L � F]J\Fya|l IK��RUZ[LXI ! ��� R�jUF]J � F�IKd¥L\R�P�RhL�Z8lmabP�g�L � F�lmG�F r_Ha�IK{bab�HFAd�J\FHG�JmFAlmF]PwLtI�L\abRUP�� �S� a|l+a|l�I�G�G[J\RUG[J\a�I�L�F]{kn*j�abF��FAd�IKl�I�P�Z�G[G�FHJ+��RUZ[P8d�RhP�L � F"IKd�d�akL�abRUP8IK{_HRwlMLT9RhJyI � abg � FHJ r RUJ�d�F]JJmF]G[J\FAlmFHPQLtI�L�abRhP!}�I�LS{bFAIhlMLylmRUNYF�RUT�L � F�abNOG[J\RAjwFAd�G�F]J\T�RUJmNªIKP�_HF���F]abP[gYI�L rL�J\ab�[Z[L'IK��{bF�L�R"l\G�FA_�a�IK{bab�]F]d*_�RUNOG[ab{�I�L\abRUP3T�RUJ{ba|lML'lH��²6Rh{kn�NORhJ\G � a|lmN Ihd[d�lSIK��RhZ[L�I s �`� ����R�jUF]J � F�IKdabPfL � FcT�Z�P�_�L�RhJ r ��IhlmF]d*J\FHG�JmFAlmF]PwLtI�L\abRUP�IKP8d3�XFcFAlML�abN�I�L�FcI¥lmabNOab{�I�J+_�RwlML�Z�P�d[F]JSL � FclmG�FA_�a�IK{�L�J\FAI�L rNOF]PwL�RhT {ba|lML'lH� ��RUJ�_�RUNOG8IKJma|l\RhP!}��XFOIK{|lmRfG[J\FAlmFHPQL�G�F]JmT9RhJ\NªI�P8_HF�NOF�IKl\Z[J\FHNOF]PwL'l+T9RhJ�L��R�²WJ\Rh{bRUgabNOG�{bFHNOF]PwLtI�L\abRUP�l]³£T9JmRUN/L � F�G�FHJ�lmG�F]_�L\akjwFORUTSJ\Z[P�P[abP�g�L\abNOFU}>L � FAlmF�¡[gUZ[J\FAl�IKJmF���FAlML L � RUZ[g � L�RhTIhl�I�G�G�{kn`abP�gªL�RªNORhP�RUNYRUJ\G � a|_�{ba|lML�J\FHG�J\F]lmF]PQL'I�L\abRUP8lH� �� F"_HRhPQL\J'IhlML���akL � ���5� � � ½�¾ya|l � Z�N"�[{babP�g[}abP8d[a|_]I�L\abP�g�L � F�d[a|lMLtI�P8_HF+L\R"gUR�abP3��Z�ab{|d�abP�gYIc�FH{b{ r FHP�gUabP[F]FHJ\FAd*IKP�d � abg � {knªRhG[L\abNOab�]F]dªabNYG�{bF]NYF]P rLtI�L\abRUP�}�FHjUF]PªabT>J\F�jwFAIK{babP�g"{bakL\L\{bF��QnY�yI]nORUT�L � F�d�a���FHJ\F]P�_HF���FHLo�F]FHP�L�J\FAI�L\NOF]PwL'l RhT!L � F�¡�J�lML r RUJ\d[FHJIKP8d3L � F � abg � F]J r RUJ\d[F]Jy{�I�P�gUZ8IKghFU�

«+P[RhL � F]JDabNOG�RhJmLtI�PQL£IhlmG�F]_�L6RhT8_HRhNOG�I�J\a|lmRUPca|l>L � I�L£RhT�_HRhPQL�J�IhlML�abP[g+RUZ[J£a|d�F�IKl£IKP�d�lMn[lML\F]N��yakL �L � RUlmF+RhT�RhL � F]J�abNOG[{bF]NOFHPQLtI�L�abRhP8lWRUT>¿�²WJ\Rh{bRUg�� �S� F]JmF � I]jwF���FHF]POT9RhZ�J�G�J\F�j�abRhZ8l�abNOG[{bF]NOFHPQLtI�L�abRhP8lRUT�L � a|lX{�I�P�ghZ�IKghFU� �S� J\F]F�RhT�L � FAlmF�I�J\F+abPQL�FHJ\G[J\FHL\F]JX��IKlmFAd�}Q��Z[ab{kLSZ�lmabP�g¥²#JmRU{bRhg#� v�+ � } �!a|lmG � sAv �!I�P8d^QLtI�P8d�IKJ�d¶p � � s �`} q � � ���+RhP�FªRUTL � F]lmF3lMn[lML�FHN�l _HRhP8lma|d[FHJ\F]d¢abP.I�PQn¢d�FHL'IKab{ L � F3lmG�F]_Ha�IK{ a|l\l\Z[FAlL � I�L�IKJma|lmF�abPfI {bRA� r {bF�jwFH{�L\J\FAI�L�NYF]PQLXRUT�L � F � abg � F]J r RUJ\d[FHJyIhlmG�F]_�L�lXRUT6¿�²WJ\Rh{bRUgYI�P8d*I _HRUNYG�IKJma|lmRUP��akL � L � FHN�L � FHJ\FHT9RUJmF+I�G�G�FAIKJ\l#P[RhL#L�R���FSjwFHJmn�NOF�I�P�abP�ghT9Z[{¨� � A �� FyRUP[{kn"J\F]N�IKabP�abP[g�JmF�IK{bab�AI�L\abRUPORhT¿�²WJ\RU{bRhg�}h_]IK{b{bF]d ���� ���&�� � �� '� � + � }�a|l>RUP[F�L � I�LDL\J'IKP�lm{�I�L�F]l£¿�²WJ\Rh{bRUg�G�J\RhgUJ�IKN�l!abPQL\R�V�_�R�d[F#L � I�L6_AI�PL � FHP¢��Fª_�RUNOG[ab{bFAd�� �� FOL�J�IKP�l\{�I�L�abRhP¢G�J\R`_HF]l�lcZ[L\ab{bab�]FAl"IfNOFHNORUJMn�NªIKP8IKgUFHNOF]PwL lMn[lML\F]N _AI�{b{bFAd*�U +�,.-]QZ-I24L 3624W�:=<.AB-]AI3@WRQ?:=24E7F�36<.F�W :=G.-�E7< � ��![OEKC�,C�,.-�XEKF�QH@-B24F4E736<�F4>.n.F4C�:=<DC�E;:SC�-�C�,.EKF�HJEK-I[MQ�36E7<DC$T

q �

Page 47:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

�8»K¾ � º 0 � ��! Kº �yº Kº �t¾�º ¸`»1��º ����-Hº ��º�� � º¸�ºH»�¼t½�¾ ���$�� H ( � � � sUs � uUu lmFA_]l v � u �"lmFA_Hl ���� ���& � � � � sAv � ~U~ lmFA_]l u � � u lmFA_Hl

�£abghZ�JmF �`¦XV RUNOG8IKJ\a|lmRhP8lS��FHLo�F]FHP � FHn�±MZ8l�IKP�d�²#JmRU{bRUgQxhp�IK{ba

� �� '�#L � I�L � Ihl"��F]F]P¶d[FHjUF]{bRhG�FAd¢FAlmG�F]_Ha�IK{b{kn¹T�RUJ"{bRhgUa|_ªG�JmRUgUJ�IKNONYabP�g�{�IKP[gUZ�I�gUF]l]¦�abP¶G�I�JmL\a|_HZ�{�I�J]}L�J'I�P8lm{�I�L\abRUP¶a|l"J\FAIK{bab�]F]d¶abP¹L � F3T9RhJ\N RhT+_AI�{b{|l�L�R�T�Z�P�_�L�abRhP8l"lmZ�G�G�RUJML�FAd¢�Qn�L � a|l¥lMn[lML�FHN��©i�lmabP�gL � a|lyI�G�G[J\RQIK_ �3� Ihl L � F�d[a|lML�abP�_�LS��F]P[F]¡[LXL � I�L�I NOFHNORUJMnYNªIKP8IKghF]NOFHPQLl\_ � F]NOF+a|lyI�Z[L�RhNªI�L\a|_AI�{b{knI]jUI�ab{�IK�[{bF��[Z[LSakL�IK{|lmR"T�RUJ�_�FAllmRhNOF�IH��ËQ�SIKJ\d*_ � RUa|_�FAlH}�lmZ8_ � Ihl L � F�T�Z�{b{�_�RUGQn`abP�g"RhTD_H{�I�Z8lmF���R�d[abF]lH}L�RY��F�abP�_�RUP�l\RhP�I�P8_HF���akL � L � F�T9J'I�NOFH�XRUJmË�G�J\RAj�a|d�FAd*�Qn�� �� '�9�

E�F]lmG�akL�F�L � F*d[a���F]JmF]P8_�F*abP·RAjwFHJ'IK{b{SlML�JmZ8_�L\Z�JmFU}WL � F]J\F3a|lOI�l\_ � F]NOF�L�R�L � FªL�JmF�I�L�NOFHPQL"RUTyL � F� abg � F]J r RUJ\d[FHJXIhlmG�F]_�L�l#abP� ��� ��& � � �� '�QL � I�LX_]IKPO��F�_HRUNYG�IKJmFAd���akL � L � Fya|d[F�IKl#�XF � IHjwFyG�JmFAlmF]PwL�F]dabPÊL � a|l*G8IKG�FHJ]� «L*L � F©{bF�jwFH{�RUT�L�F]JmN J\FHG�J\F]lmF]PQL'I�L\abRUP!}�L � F]J\F�lmFHF]N´L�R·��F�L � JmF]F©d[a���FHJ\FHP8_HF]lH��£abJ\lmL]}�L � F�d[F�zXJmZ�a ±MPfl\_ � F]NOF�T�RUJJ\F]P�d[FHJ\abP�g"��RhZ�P�dªjUIKJma�IK�[{bFAla|lSJmFM±MFA_�L\FAd�abP ��� ��& � � �� '��RUPªL � FgUJ\RhZ�P�d�lL � I�L � akLyT9RhJ�_�FAlXL�R¥JmF]PQZ�N"��F]JXL � F�J\abg � L\NORwlMLL�F]JmN�� �É � ab{bF�L � a|lRU��l\FHJmjhI�L�abRhP*a|ly_�RUJ\JmFA_tLabP3G�JmabP8_HabG[{bFU}[akL�I�G�G�F�IKJ\lXP�RKLXL�R���F�JmF]{bF�jUIKPwLabP3G�J�Ih_�L\a|_HF�IKl �F � I]jUF�G�RUabPwL�F]dªRUZ�LSabPf^`FA_tL�abRhP q � s �� R"lmZ[G�G�RhJmL�L � F�_HRUNYG�IKJma|lmRUPORhT�L�F]JmN�l#abP*IclmakL�Z8I�L�abRhPO� � F]J\F�I�P8IKNOF r �8IhlmFAdYFHP8_�R�d[abP[g a|l Z�l\F]dOT9RhJ��RUZ[P8d©jUI�J\a�IK�[{bFAlH}WIKP¹I�G�G[J\RQIK_ � ��IKl\F]d�RUP�Z8lmabP�g�P�F��Í_�RUP8lML'IKPQL�l�a|l lmZ�ghgUFAlML\FAd��ªi+P[T9RUJML�Z[P�I�L\F]{knU}L � F�d�FHL'IKab{|lSRUT>L � a|l�IKG[G�J\RwIh_ � IKJ\F�P�RKLyFH­�G[{�IKabP[FAdf_�RUNOG[{bFHL\F]{knªNªI�Ë`abP�gYI"l�I�L\a|l\T°Ih_tL�RUJMn*Ihl\lmFAl\lmNOF]PwLRUT�akL¥abNYG�Rwl\lmab��{bFh� � � « l\F]_HRhP8d¹d[a���F]J\FHP8_�F3a|l�L � I�LOI�P¶FH­`G�{ba|_�akLOlmZ���lML�akL�Z�L�abRhP¶NYFA_ � IKP[a|l\N a|l�P�RKL_HRUP�lma|d[F]JmFAd3abP ���� ���& � � � ��IKP8d*JmFAd[Z�_�L\abRUP�lmZ[�8lML�akL\Z[L�abRhP8lSl\FHF]NÍL�RY��F�F���FA_tL�F]d3F�IKghF]Jm{knw� �6abP�I�{b{knw}¡�J�lML r RUJ\d[FHJ>L�F]JmN�l>l\FHF]N L\R+Rh�[LtI�abPcL � F Z8lmZ�I�{�²WJ\Rh{bRUg r {babËUF�L�J\FAI�L\NOF]PwLDabP4 ���� ���&���� �� '�9} � abg � FHJ r RUJ�d�F]JT¨Ih_�FHL�l6��FHabP�g � IKP8d�{bFAd j`a�I�lmG�F]_Ha�IK{[I�L\L�Jmab��Z�L�FAlWI�LmLtIK_ � F]dcL\R�L�FHJ\N�lH� �S� FXL�JmF�I�L�NOFHPQL6RUT � abg � FHJ r RUJ�d�F]JZ�P�ab¡�_AI�L�abRUP�I�P8d�L � F"abPQL\F]gUJ�I�L\abRUP�RUT�J\FAd�Z8_tL�abRUP�abPQL�R3L � F"RAjwFHJ'IK{b{W_HRhNOG�Z�LtI�L�abRUP8IK{DNOR�d�F]{6J\F]_HF]akjUFAl{bakL\L�{bF�d[a|l\_HZ�l\l\abRhP*abP � + �DIKP8d�}[abP*{babg � L�RUT!L � a|lH}��F���FH{babFHjUF�L � I�L�I"d[F�LtIKab{bF]df_�RUP8lma|d�F]J'I�L�abRhP*RUT!L � F]lmFIhlmG�F]_�L'l a|l�Z�P[a|§QZ�F�L\R�RhZ�J �RhJ\Ë�³IKP¹abPQL\F]J\F]lML�abP�g�F�­[_HFHG[L\abRUP!} � R��XFHjwFHJ]}Wa|l L � F3a|d�F�I�RUTyabP�d[FH­`abP�g��FH­`ab��{bF r ��F�­�ab�[{bFOG�I�abJ�l��Qn�L � FHabJ ��F�­�ab��{bF � F�Ihd[lH}>L\R���F�IH�yIKËhF]P[FAd©�Qn���abP�d[abP[gwl�T9RUJ�L � FAlmF � F�Ihd[lH}I¢G�RUl�lmab�[ab{bakL�n<� � RwlmF�abPQL\F]ghJ'I�L\abRUP¬abPwL�R¶RhZ�JªG�JmR�_�FAl\lmabP�g¹NOR�d�F]{+��F�I�J�lªabPwjwF]lmL\abgQI�L�abRUP�� �� F�{�IhlMLJ\F]{bF�jUI�PQL�IhlmG�F]_�L�a|lyL � F _HRhNOG�ab{�I�L�abRUPfRUT£Z[P�ab¡8_]I�L\abRUP!�yVX{bF�I�J\{knU}8L � F�Z�P8d�F]Jm{kn�abP�g�N�Ih_ � abP�F�NOR`d[F]{�a|lFH­�G[{ba|_HakL\{knªNªI�P�abT�FAlMLXRUP[{kn�abPªRUZ�J �RUJmË�IK{kL � RUZ[g � NªIKPwnOa|d�F�Ihl J\F]{�I�L�abP[g�L�R L � F�_HRUNYG�ab{�I�L\abRUP�RUT�L � F¡�J�lMLWG � IhlmFSRhT�lmabNOG[{bab¡8_]I�L�abRhP¥RhT�d�a|l�IKgUJmF]FHNOF]PwL#lmF�L'l6J\FA_�F]akjUF�I�lmabNOab{�I�J£L\J\F�I�L�NOFHPQL£abP¥��RKL � _HRhPQL�F�­`L�lIKP8d�I�P8dfl � IKJ\F I�{|l\R"��akL � I�PfF�IKJm{kn3G�J\F]lmF]PQL'I�L\abRUPfRhT£lmRUNYF�RhT£RhZ�JSa|d[F�IKl � � v � ��£abghZ�JmF �©_HRhNOG�{bFHNOF]PwL'l�RUZ�JO§wZ�IK{bakL'I�L\akjwF�_HRhNOG�I�J\a|lmRUP�l¥�Qn¹G�JmFAlmF]PwL�abP�g�F�­�FA_�Z[L\abRUP·L\abNOFAl"T9RhJ

���� ���&�� � �� '��I�P8d ¸�ºH»�¼t½�¾YRUP¯L��XR·d[a���F]JmF]PQL*Ë`abP�d�l3RhTcL'IhlmË�lH� �S� F ���� hº �\º Kº �t¾�º�G�JmRUgUJ�IKN)a|lL � F¥RhP�F¥Z8lmFAd�abP�L � F¥FAIKJm{babF]J�L�F]lmL�l�IKP�d�}DIhl�l\Z�_ � }>G[J\RAj�a|d[F]lcIªNOF�IKl\Z[J\F"RUT ��F � IHj�abRhZ�J�RAjwFHJ�¡�J�lML rRUJ�d�F]JYG�JmRUghJ'IKNOl]� �S� F � »1�[º ����-Hº ��º�� � º�G�JmRUghJ'IKN IKl�lmabghP8l"L�n`G�F�l\_ � F]NYFAl L�R¢p � r {babËhFfG�JmRUghJ'IKNOlIKP8d¬a|l�I¶gURQR�d¬FH­�I�NOG�{bF�T9RhJ*L\FAlML�abP[g·G�F]JmT9RhJ\NªI�P8_HF�R�jUF]J � abg � F]J r RUJ\d[FHJ*L�FHJ\N�lH}+J\FAd�Z8_tL�abRUP I�P8d" I�lmG�FA_�a�IK{bab�HFAd¹T�RUJ\N RhT�, � abg � F]J r RUJ\d[F]J�Z[P�ab¡8_]I�L\abRUP!� �S� FªabP8d[a|_]I�L\abRUP8l T9J\RhN L � FAlmF�L\FAlML'l a|l L � I�L* +�,.-B24-�:624-R:65KF�3H@-BF�C�E786-BF]36L�C�,.E7FV:=Q.Q.243D:=A�, E7< :=<.F4[�-B2]Q.24-BF4-B<DC�:SC�E736<.F�C�,?:SCV24-BW�:=E7< >.<.AI57-$:=2]C�3>.F0:=<.G�bX\Y>.EKC�-QZ36F�F4E7n.5KP@bJC�393=C�,.-B2_/�1�243@5K3@8 >.F�-B24FBT

q(!

Page 48:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

L � F©¸�ºH»M¼'½�¾ lmn�lML�F]N NªI�L'_ � FAlG�F]JmT9RUJmNªIKP�_HF�RhT ��� ��& � � �� '��R�jUF]JS¡�J�lML r RUJ\d[FHJ�G[J\RhgUJ'I�N�l�I�P8dfd[RQFAll\Z[�8lMLtI�PQL\a�IK{b{kn���F�L\L\F]J�RUP©ghF]PQZ�abP�F � abg � F]J r RUJ\d[F]J�RhP�F]l]��«�{�IKJmgUF]J�lmF�L�RUT#L�FAlML�l�a|l�P�FHFAd�FAd�L�Rfd[J�I]�NORUJmF�lmZ���lMLtIKPwL�akjUF�_�RUP8_�{bZ8lmabRUP�lH�+i+P[T9RUJML�Z[P�I�L\F]{knU}8L � FHJ\F"I�J\F G�J�Ih_tL�a|_AI�{6d[abÀO_HZ[{kL�abF]l�L�R�G[J\RAj�a|d[abP[g*Il\Z[akLtI���{bFc_HRh{b{bFA_�L\abRUP*L � I�Lya|lyabP�d[a|_]I�L�akjUF�RUT6ghF]PQZ�abP�F�G�F]J\T�RUJmNªIKP�_HF�d[a���FHJ\FHP8_HF]lH�1 ��� ��& � � �� '�8RUNOakL�lL � FyR�_]_�Z�J\l r _ � FA_'ËcL � I�L�a|l lmabgUP�ab¡�_AI�PQL�L\R � abg � F]J r RUJ\d[F]J IKG�G[{ba|_AI�L�abRUP�lH}QZ8lmFAl I�P�RUP r lMLtI�P8d�IKJ�dYlMn�PwLtI�­T9RUJ¿�²WJ\Rh{bRUgcG�JmRUgUJ�IKN�lW{bF�Ihd�abP�g�L�R�I�lmZ���lmL'IKPwL�a�IK{�R�jwFHJ � F�Ihd¥abP3IKd8IKG�L�abP[g"IHjUIKab{�I���{bF�Z8lmF]J�G�JmRUghJ'IKNOlL�RcJmZ�POZ�P8d�F]J�akLIKP�d�}Q¡[P�IK{b{knU}�IKG[G�F�I�J�lWL�R�n`abF]{|dYabP8_�RUJ\JmFA_tLXJmFAlmZ�{kL�l�abPªI�T9F��µRUT�L � FyFH­�I�NOG�{bF]lWL�JmabFAd��

¤�Z�J T9R`_HZ�l abP¢L � a|l G�I�G�FHJ � Ihl ��F]F]P¢RhP¶d�FAl\_HJmab��abP�g�I��[J\RQIKd�T9J�IKNOF��RUJmË©T�RUJcL � FOL\J\FAI�L�NYF]PQLRUT � abg � F]J r RUJ\d[F]J+T9FAI�L�Z[J\F]l+abP�{bRhgUa|_ G�JmRUghJ'IKNYNOabP�g[� �� FHJ\F¥I�J\F RU�Qj`abRUZ�l\{kn*L�J�Ihd[FHR���l+abP�L � F"Ih_�L\Z�I�{d[F]G[{bR�n`NOF]PwLWRUT�L � FAlmFSa|d�F�IKl]�£«+{kL � RUZ[g � ��F�nwRhP8d L � FSl\_HRhG�FRUT8L � FSG[J\F]l\FHPQL#lML�Z8d`nw}wI�§wZ�IKPwL�ab¡�_AI�L\abRUPRUT!L � F]lmF�L\J'Ihd�F]R���lXa|lSabNOG�RUJmL'IKPwL�IKP�d3a|lH}[abP*T¨IK_�L]}`L � F�Rh��±mF]_�LSRhTDRhP�ghRUabP�g"�XRUJmË "\º%$'&($b}[lmF]F � v �%��,t�#«G�IKJML�a|_�Z�{�IKJm{knªFH­�_HakL�abP[gYd�abJ\F]_�L�abRhP3L � I�L�F�IKJmF�P[R��ÊFH­�G[{bRUJmabP�g"a|lXL � I�LSRUT!¡�P�F r L\Z�P�abP[g¥RhZ�JyI��8lML�J�Ih_tLNªIh_ � abP�FSI�P8d"_�RUNOG[ab{�I�L�abRhP"NOR`d[F]{wL�R�L � FXabNOG�RUJmL'IKPwL#lmZ[��_H{�IKl\l£RhT � abg � F]J r RhJ�d[FHJ£G�JmRUghJ'IKNOl6J\FHT9F]JmJ\F]dL�R IKl � � G�J\RhgUJ�IKN�l � v �%� }wG�RUl\l\ab�[{kn"F�jwF]P"��akL � lmRhNOFS{bRwl\lWRUT�_HRUNYG�{bFHL\F]P[FAl\l£RAjwFHJWL � FyT�Z�{b{8_�RU{b{bF]_�L�abRhP!���P·I�d�a���F]JmF]PwL"jUF]abP�}#NªI�PQn�RUTSRUZ[J"abNYG�{bF]NYF]PQL'I�L\abRUP�a|d[F�IKl¥IKJmF*I�G�G�{ba|_]IK�[{bF3abP¶J\FH{�I�L\FAd¹_�RUPwL�FH­QL'lH}l\Z�_ � IKl�L � I�L�RhT�{bRUgha|_"G[J\RUghJ'I�NONOabP�gO��akL � abP�Iªd�F]G�FHP8d�F]PQL\{kn�Lon�G�FAd�{�I�N"��d�Iª_]IK{|_�Z�{bZ8l � q`v � � �� FFH­`L\F]P�l\abRhPfRhTDL � a|lS�RhJ\˪abP*L � FAlmFcd�abJ\FA_tL�abRhP8lya|l�IK{|lmR�I"NªI�LmL�FHJSZ[P8d[FHJyabPQjwF]lML�abgQI�L�abRhP!�

��,��c�"��� ��� ��+� �� ����&

eXI�J\{babF]J¥jwF]J\lmabRUP8l¥RUT+L � Ffa|d[FAIhlYabP·L � a|lYG8IKG�FHJ � I]jUFf��F]P[F]¡�L\L�F]d·T�J\RUN d�a|l�_�Z8l\lmabRUP�l¥�yakL � z � I�J'I�L�`IHn`IKJ�IKNªI�P�IKP�d©E�FH��J�IOɬab{|lmRUP�� �� a|l�J\F]l\FAIKJ\_ ��� IKl���FHF]P�lmZ�G�G�RUJML�FAd��wn�L � F"��I�L�abRhP�IK{#^�_HabFHP8_�F�8RhZ�P8d�I�L\abRUPfZ[P8d�F]J ��J'I�PQL��+R�� u�+U~ � +Kqwu IKP�d�I�P8d ��J'I�PQL��+R�� ~U~hu ��� vUv �

�����]����� �",£� &

� s ��p�IKJML��� P¶«+�8Ihd�a¨}��!Z8_]I�VIKJ�d�F]{b{ba¨}X²WabF]JmJ\F r �!RUZ�a|l¥VXZ�JmabF]P�} IKP�d�wFAIKP r �`IK_]§wZ�FAl ��F�j`nU�©eW­�G[{ba|_HakLlmZ���lML�akL�Z�L�abRhP8lH��� �K½ ������ � - ��½ � ��� ������ ����&.��� 0 0 ��� &K} s " q ,'¦'� ! �� q�s ��} s]uUu[s �

� v � �#��«+abF]{b{bRfIKP�d �"��²WJ\abP�a¨��«+P�FHÀO_HabF]PwL�abPQL�FHJ\G[J\FHL\F]J�T�RUJ+L � F�{�IKN"��d8I r _AI�{|_HZ�{bZ�lH��¸ �[º�� ��½�� �1� � - � �/0 ��½ � º � �� �8»K¾ � º 0 � � � º�� � ºH¾�} v ��¦ � + �� qQv �`} sHu�+[s �

� �%� Ì�Ihl\l�IKP*«��� L r�� Ih_Ha¨� �#�/�1��º�� � ¾6��(H¾ � ��� ��� � � � �(� ��º �/��¸`½ � �/� ��� �yº � ���¾ � �t½ ��� �����£p#� � ²WJ\FAl\lH}sHuUu�s �

� q ��²DFHL\F]J�z���«+P�d[J\F��+lH� �SFAlmRh{bZ[L�abRhP�abP�L�n`G�F�L � FHRUJMnw�� ��½�� �1� � - �8»/0$(��� '� � � ��&� � }����`¦ q8s�q q � v }sHu ![s �

��� � «c��É ��«+G[G�F]{£IKP�d�« ��²6����F]{kLonw� �!abg � L��XF]abg � L�{bFHNONªIhlyabP�¿8²#JmRU{bRhg�� ��P ��� � º � �1� � ������ � �� H-�º ��º�� � º ���� ��&� � ����&/���/0 0 � � &K}�G�IKghFAl q�shs q`v �Q�8p#� � ²WJ\F]l\l]}��+RAjwF]N���F]J sHuUuhu �

� �%� � � ����«�G[L�I�P8d�p¢��Ì ��jUI�P�e#N�d�F]P!�yVXRUPwL�Jmab��Z[L\abRUP�l�L�RYL � FcL � FHRUJmn*RUT£{bRUgha|_cG�JmRUgUJ�IKNONYabP�g��� �K½�� ���� � - � ��º�� � ��} vKu "��,t¦ +Kq�s + � v } s]u�+wv �

q +

Page 49:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� ! ���D�KzXFHP�IKa|l\l�I�}hE���zXJma�IKZ�d�}U²6���!FAl\_AI�P�P[FU}hI�P8d �8� �yRhZ[nUF]J r E�FHgU{ba¨�[¿��D}UI�_AI�{|_HZ�{bZ�lDRUT[FH­`G�{ba|_�akLWlmZ�� rlML�akL\Z[L\abRUP8ly� � a|_ � G�JmFAlmF]JMjwFAl+lML�J\RhP�g�P[RUJ\N�IK{bab��I�L�abRhP!� � �K½�� ���� � - ��½ � �*� ������� 3 ����&.� �/0 0 ��� &K}� " ��,'¦'� uUu !Uvhv } s]uUu ���

� + ��²£Ihl\_AI�{!z J\a|l\lmFHL�I�P8df¤�{bakj`abF]J��Sa|d[RhZ[­�� �� F�_HRUNYG�ab{�I�L\abRUP3RUT£¿8²#JmRU{bRhgOI�P8dªakL'lFH­`FA_�Z[L�abRhP3�yakL �p�« � �t��²#Z[��{ba|_]I�L�abRhP ��PQL\F]JmP�F��+R�� + ! } � � �\^`« } �SF]P[P�F]l]}���R�jUF]N"��F]J s]uhuwv �

� u � �c��d[Fcz J\Z�a ±MP!� �6I�N"��d�I�_AI�{|_HZ[{bZ8lSP�RKLtI�L\abRUP3�yakL � P8IKNOFH{bFAl\ld[Z�NYNOabFAlH}[I L�RQRU{�T9RUJ�I�Z[L\RUNªI�L�a|_T�RUJ\N�Z�{�IcNªIKP[abG�Z[{�I�L�abRhP!}`��akL � I�G�G�{ba|_]I�L\abRUP3L�R L � FcV � Z�J\_ �[r �yRUl\l\FHJ �S� F]RhJ\F]Nf� ��� �� &($ � � � � $b}� q " ��,t¦ � +�s � uwv } s]u�!Uv �

� s]~ � «�{bRUP��HR V � Z[J�_ � ��«.T9RhJ\N"Z[{�I�L\abRUP�RUT[L � FSlmabNOG�{bF L � F]RhJmn RhT�L�n`G�F]l]� � �K½�� ���� � - �8»/0 (�� � � � ��&� � }�Q¦ ���� � + } s]u�qQ~ �

� sUs � �"�£VXRhZ8lmabP�FAIKZ�}#² r ���£VXZ[J\abFHP!}#IKP8d¢p��£p�IKZ�Pwnw� �� Fª_AI�L�FHgURUJma|_AI�{I��8lML�J�Ih_�L NªIK_ � abP[FU�¬¸ �[º� � � º�� � º � - ����&.� �/0 0 ��� &K} + " v ,t¦ s*! �� vh~Uv } s]u�+ ! �

� sAv �"V RUP�I�{We#{b{babRhL\LcIKP�d ��J'IKP[Ë�²#T�F]P�P[abP�g[��F �D²6}�I*V RUNONORhP �>a|lmG �oNOG�{bFHNOF]PwLtI�L�abRUP�RhT¿�²WJ\Rh{bRUg[��oNOG�{bFHNOF]PwL�FAd3IhlSG�I�JmL�RUT>L � F VSp�i�e � �c¤�G�J\R�±mF]_�LA}8p�IHn s]u�+Uu �

� s �%�"V RUP�I�{�e�{b{babRKL\L�IKP8d ��J'I�P�ˬ²WT9FHP�P�abP[g�� «0l\FHNOa r T�Z�P�_�L�abRhP�I�{�abNYG�{bF]NYF]PQL'I�L\abRUP¬RhT"I � abg � FHJ rRhJ�d[FHJ{bRUgha|_�G�JmRUghJ'IKNYNOabP�g {�I�P�gUZ8IKghFU� ��P*²6F�L�FHJ �!F]Fh}`FAd[akL\RUJH}X¸ �1� � � ¾ � ���� / ���� � º� � �� &K½ � &wº��0 �� bº 0Oº�� � � � ����}[G�I�gUF]l v+Uu � v �`�8p � � ²WJ\F]l�lH} sHuUu�s �

� s�q � ��� ��IKabJm��I�abJ\P¬IKP�d¬^���É�J'I]nU� � �mp�¦ «�lmabNOG[{bF�{�I��HnµIK��lML�J'IK_�L r NªIK_ � abP[F*L\R¢F�­�FA_�Z[L\F�lmZ�G�F]J r_�RUN"�[abP�I�L\RUJ\l]� �oP �"� � I � P�}�F]d[akL�RhJ]}���½ � �*� ������� ����&/���/0 0 � � & � �� &h½ �*&Qº�¾ ��� � � 0���½ � º ���� � �(� � º �*� ½��\ºH}�P`Z�N���F]J v�!�q abP �>F]_�L�Z[J\FX��RhL�F]lDabP¥VXRUNYG�Z[L\F]J£^�_�abF]P8_�FU}KG8IKghFAl � q q �`�h^QG�JmabP�gUFHJ r�#F]J\{�I�g�} s]u�+ ! �

� s � � «�N�n �8FH{kL�nw� ��NOG[{bF]NOFHPQL�abP[g�LtIK_�L�a|_Hl¥IKP�d�LtIh_tL�a|_]IK{|l�abP.I � abg � F]J r RUJ\d[FHJ"{bRUgha|_3G[J\RUghJ'I�NONOabP�g{�I�P�gUZ8IKghFU� � �K½�� ���� � - ��½ � �/0 � � º� �yº��K¾���� � � &h} shs " s ,t¦ q � +�s }�«�Z�gUZ�lML s]uhu �`�

� s �%� �UR � P#�6abF]{|d��X¤�Pf{�I��]abP�F]l\l+IKP�dfRhG[L\abNªIK{bakLon3abP�{�I�N"��d�I"abPQL\F]JmG�J\F�L�FHJ�lH¦ � R`Rh{|lyT9RhJ�l\G�FA_�ab¡8_AI�L�abRhPI�P8d�IKP�I�{kn[lma|lH� ��P ��º hº�� � º'º�� � �%� � ��½ � �� � � ��» 0�� �K¾��9½�0 �� � ��� � � �� bº�¾ � - ����&.� �/0 0 ��� &� �� &K½ � &wºH¾�}[G�I�gUF]l s s �`�8«�VSp ²WJ\FAl\lH} �QIKPQZ�I�Jmn sHuUuh~ �

� s ! � �UR � P Ì�I�P�P8IKP�IKP�d E�IK{bF¢p�ab{b{bF]J]� �8JmRUN RUG�F]J�I�L�abRhP�I�{clmF]NªI�PQL\a|_]lªL�R<IK��lmL\J'IK_�L�N�Ih_ � abP�F]l]�� � � �[º 0 � � � � �� � � �t½ ��� ½���º�¾.� � � �/0��8½ � º � � � �¨º�� � º�} v " q ,t¦ q�s � q � u } s]uhuwv �

� s*+ � �UR � P¹Ì�IKP[P�I�P·IKP�d �8J�IKP[Ë¢²WT9F]P[P�abP[g���VXRhNOG�ab{bFHJcjwF]Jmab¡8_]I�L�abRhP¹abP � �X�#��P ��º hº�� � � � � �8½ �� ������� ��» 0�� �K¾��9½�0 ���� ��&� � ��� � �/0 ��½ � º � � � �¨º�� � º�}[G�IKghFAl qw~ ! q�s�+ � �Me�e e¯VXRhNOG�Z�L�F]J+^`R r_�abFHL�n*²#JmFAl\lH} �UZ�P[F s]uhuwv �

� s]u ��²DFHL\F]J3Ì+FHP8d[FHJ�lmRUPÊIKP8d �QIKNOF]lªÌc�yp�RUJ\Jma|lH��«�{�I��HnµF�jUI�{bZ�I�L\RUJH� �oP ¸ �(�!� � � ��½ �� 6� � ��8»/0 � ��¾���½�0 ��� � ��� � � �� bº�¾ � - ����&.��� 0 0 ��� & � ��� &K½ � &wº�¾'}[G8IKgUF]l u �� s]~ ��} sHu ! ���

� vh~ � � �FHJ'I�J�d¯Ì+Z[FHLA� «�Z[P�ab¡�_AI�L\abRUP I�{bgURhJ\akL � N)T9RhJ�L�n�G�FAdÊ¿ r _AI�{|_HZ�{bZ�lH� ¸ �[º��/��º � � � � � � 0���½ � º �� � � º�� � º�} s ¦ v�! [� ! } s]u�! �`�

qwu

Page 50:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� v[s � ��IKabJmRUZ�� � IKN�IKJ\F]d�d�abP�F�IKP�dª«+{bFM±\IKP�d[J\R � �abRwlH�De#­QL�F]P�d[abP[g L � F�¿ r _]IK{|_�Z�{bZ8l���akL � F�­�G�{ba|_�akLylmZ�� rlML�akL\Z[L\abRUP¥� � a|_ � G[J\FAlmFHJmjwF]l�lML�JmRUP�g�P[RUJ\N�IK{bab��I�L�abRhPYabPQL\R�I�_HRhP ��Z[F]PwLX_]IK{|_�Z�{bZ8lWRUPORhG�F]P¥L\F]J\NOl]�� �K½�� ���� � -���½ � ��� ����1� ����&/���/0 0 � � &K} ! " q ,'¦'� u �� q`vK~ } s]uhu ! �

� vUv � � F]F � I�P�g � �XRUP�} ��RUG�I�{�IKP���Ihd8I�L � Z�J]}hIKP8d E+F]��J�I�^`Z[F�ÉÊab{|lmRhP!� ��NOG[{bF]NOFHPQL�abP[gyG�RU{kn`NORUJmG � a|_Lon�G�abP[gYabP�I�{bRUgha|_�G�JmRUgUJ�IKNONYabP�g"{�IKP�ghZ�I�gUFU�4� �/0 ��½ � º � � �� &K½ � &wºH¾�} vh~ " s ,'¦ v �� qQv } s]uhuKq �

� v �%�"V � Z8_�Ë �>a�I�P�g�I�P8d ��RhG�IK{�I�P.��IKd8I�L � Z[J]� � J�Ihd[FHR���l¥abP¶L � F*abPQL\F]P8lmabRhP�IK{J\FHG�JmFAlmF]PwLtI�L\abRUP·RhT{�I�N"��d�I¥L�F]JmN�lH� �oP�^�� � a|lmRhP!}�F]d[akL�RhJ]} � ���-Hº ��º�� � º ��� �yº 1�� � � � � &�¸8º � �(� ����½8º�¾ ��� !� � �� '� � ��H� �����¾'} �!FA_�L\Z�JmF��+RhL\FAlSabP�V RUNOG[Z[L\F]J+^�_�abF]P�_HFU}[G�I�gUFAl s]uUv vK~ �`��^`G�JmabP�ghF]J r ��FHJ\{�IKg[} �wZ[{kn vh~h~wv �

� v�q � «�{b��F]JML�R�p�IKJML�F]{b{baDI�P8dfi�gUR�p�RUPwLtIKP8IKJma¨��«+PfFHÀ�_�abF]PwLyZ�P�ab¡�_AI�L�abRUP�I�{bgURUJmakL � N��/� � � ¸ �����¾?H� ��� ����8¾ �� ����&/���/0 0 ��� & � ���½ �*&Qº�¾ �� �8»K¾ � º 0"¾�} q " v ,t¦ v � + v�+Uv }[«+G[J\ab{ s]u�+wv �

� v � �"^QG�abJ\Rfp�a|_ � I]n�{bRAj�IKP�d ��J'IKP[Ë�²WT9F]P[P�abP[g���«+P�F]NOG[abJ\a|_AI�{£lmL\Z8d`n�RhT#L � F"J\Z[PQL\abNOF���F � IHj�abRhJ�RhT� abg � FHJ r RUJ�d�F]J"{bRUgha|_ªG�JmRUgUJ�IKN�lH� �oP � ��� -�º �\º�� � º��yº � �/� � - � �[º �#�/� � ¾ � �1� �� � �[º�¿ ���� ���& � ��&/���/0 0 � � & � �� &K½ � &wºH}8² � ab{�IKd[F]{bG � a�I`} �UZ�{kn r «�Z�gUZ�lML s]uhuwv �

� v �%��E�IK{bF*p�ab{b{bF]JH�©«�{bRhgUa|_�G�JmRUgUJ�IKNONYabP�g�{�IKP�ghZ�I�gUF���akL � {�I�N"��d�I r IK�8lML\J'Ih_tL�abRhP!}£T�Z�P8_tL�abRhP¢jUI�J\a rI���{bFAlH}8IKP8dflmabNOG[{bF�Z�P�ab¡�_AI�L�abRUP�� � �K½�� ���� � - � ��&� � �� � � 0���½ � � � ����} s " q ,t¦ qQu ! [�����} sHuUu[s �

� v�! ��E�IK{bFOp�ab{b{bF]J I�P8d ��RhG�IK{�I�P���IKd8I�L � Z[J]�"«�{bRUgha|_¥G�JmRUghJ'IKNYNOabP�gfI�G�G[J\RQIK_ � L\R*NªIKP[abG�Z�{�I�L�abP[gT�RUJ\N�Z�{�Ihl>I�P8d�G[J\RUghJ'I�N�lH���P�^`FHabT[Ì�I�J\a|d�a¨}KF]d[akL\RUJ]} ������� �8»/0 � �K¾��9½ 0 ��2� ��&�� � ����&.� �/0 0 ��� &K}G8IKgUF]l � !hu � +�+ � �Me�e eµVXRUNYG�Z[L\F]J+^QR�_HabF�L�n*²#JmFAl\lH}�^`FHG[L\F]N"��F]J s]u�+�! �

� v�+ ��E�IK{bFcp�ab{b{bFHJ+IKP8d ��RUG8IK{�I�P���IKd8I�L � Z[J]� ¿8²#JmRU{bRUg"jwFHJ�lmabRUP v � ! ��E�a|lML\J\ab��Z�L�F]d*abP�V r ²WJ\Rh{bRUg�I�P8d� Z�abPwL�Z�l+²WJ\Rh{bRUgOlmRUZ[J�_HF�_HR`d[FU}�«+Z[gUZ8lML s]u�+�+ �

� vhu ��E�IK{bF�p�ab{b{bF]J]} ��RUG�I�{�IKP���IKd8I�L � Z[J]}���J'IKP[Ëf²WT9F]P[P�abP[g�}�IKP8d�«+P�d[JmF¥^`_HFAd�J\RAj��Si�P�abT9RhJ\N G[J\R`RhT°lIKlIcT�RUZ[P8d8I�L�abRhP�T9RUJ {bRhgUa|_�G�J\RhgUJ�IKNONOabP[g�� � � �1� ¾.� -$ ½ ��º �� 4� � �� '� º� � ��&� � }[� s ¦ s]v �� s � ! }sHuUu�s �

� � ~ � ��RhG�I�{�IKP·��Ihd�I�L � Z�JH�¹«�P·F�­�G[{ba|_HakL�lmZ[�8lML�akL\Z[L�abRhP¶P�RKLtI�L�abRUP¶abP<I©¿�²WJ\RU{bRhg©abNYG�{bF]NYF]PQL'I�L\abRUP!�� FA_ � P�a|_]IK{ �yFHG�RhJmL � � r�u�+�r�~[s }8E�FHG�IKJML�NOFHPQLyRhT�V RUNOG[Z[L\F]J�^`_HabFHP8_HFh}8i+P�akjUF]J\l\akLon*RUTWV � a|_AIKghR�}�QIKPQZ�IKJMn sHuUu�+ �

� � s � ��RhG�I�{�IKPO��IKd8I�L � Z[J]��«µ¡�P[F r ghJ'I�abP�FAd"P�RKLtI�L\abRUPYT9RhJ#{�I�N"��d�I+L�F]JmN�l�I�P8d¥akL'lWZ�l\FyabPYabPQL\F]P�l\abRhP�I�{RhG�F]J�I�L\abRUP8lH��� �K½�� ���� � - ��½ � �*� ������� ��� � ��&� � ����&/���/0 0 � � &K} s]uUuhu " v ,t}8p�I�J�_ ��s]uhuUu �

� � v � ��RhG�I�{�IKP¢��Ihd8I�L � Z�J�I�P8d�z � IKJ�I�L �QI]nQIKJ'I�NªIKP�� � R��SIKJ\d�l I3É©«�p´NOR`d[FH{#T9RhJ�¿�²WJ\RU{bRhg����oPeW��abP[g �>Z�l\Ë�IKP8d'�SRwl\l£¤+jUF]J\��F]FHË�}�F]d[akL\RUJ�lH} ��� � º'º� � � &K¾�� - � �[º � �/� � � ��0Oº � � � ��� � ���-�º ��º�� � º���� ��&�� � ����&/���/0 0 � � &K}�G8IKgUF]l sUs*+h~ sUs]u�+ �8p#� � ²WJ\F]l�lH}�¤�_�L\RU��F]J s]u�+Uu �

� ���%� ��RhG�I�{�IKPµ��Ihd8I�L � Z�J]}Sz � IKJ'I�L �`IHn`IKJ�IKNªI�P!}IKP8d � FHF � IKP�g � �RhP!�¬^�_�RUG�abP[g¢_HRhP8lML�JmZ8_tL'lYabP{bRhgUa|_�G[J\RhgUJ'I�NONOabP[g�¦ ��NYG�{bF]NYF]PQL'I�L\abRUP.G�JmRU��{bFHN�l�IKP8d.L � FHabJªl\Rh{bZ[L\abRUP!� � �K½ ������ � -�� ��&�� � � ��&/���/0 0 � � &h} v � " v ,t¦ sUsHu s � s }��+R�jUF]N"��F]J sHuUu �Q�

� ~

Page 51:  · IhlcIKJmgUZ NYF]PQL l L R*RhL F]J T9Z P _ L\abRUP8lH Op IKPwn abPwL F]JmFAlML abP[g I G G {ba|_]I L\abRUP8l I]jUFY F]F]P©T9RhZ P8d T9RhJclmZ8_

� � q � ��RhG�I�{�IKP���IKd8I�L � Z[J IKP�d�E�I�{bF�p�ab{b{bF]JH��«+P©R�jwFHJmj`abFH��RUTS¿�²WJ\RU{bRhg�����P � F]P�P[FHL � « �DzXRA�FHPI�P8d �SRU��F]JmL�« � � R��SIK{|lmË`a¨}�F]d[akL\RUJ�lH} � � - � � ��� � º � ��� � ����1� � ��&� � ����&/���/0 0 � � &,� ���-�º ��º�� � ºH}G8IKgUF]l +�s]~ +Uv�! �8p#� � ²WJ\F]l\l]}�«�Z�ghZ8lML sHu�+�+ �

� �w� � ��RhG�I�{�IKP���Ihd�I�L � Z�J�IKP�d�E�IK{bF"p�ab{b{bFHJ]�yÌ+abg � FHJ r RhJ�d�F]J+Ì+RUJmP�_H{�I�Z8lmFAlH� � �K½�� ���� � - � ��º4� � ��}� ! " q ,t¦ !�!�! +[s�q }8¤�_�L\RU��FHJ sHuUuU~ �

� ���%� ��RhG�I�{�IKP¹��IKd8I�L � Z[J"IKP�d¹E�I�{bF3p�ab{b{bFHJ]��Ì�abg � F]J r RUJ\d[F]J {bRhgUa|_OG�J\RhgUJ�IKNONOabP[g�� ��P¶V��6Ì�RUgUghF]JE � ��IK���8I]n�IKP�d�« � �yRh��abP8lmRhP!}�FAd�akL�RhJ�lH}�� �� (�� � � � - � ��&� � ������� � � � � ���� ��� � º* ��&Qº�� � º ��� � ��&�� � ����&/���/0 0 � � &K}`jURU{bZ�NYF �`}�G8IKghFAl qQuhu [� uU~ ��¤+­�T�RUJ�d*i�P�akjUF]J�lmakLon�²#JmFAl\lH} s]uhu�+ �

� � ! � ��RhG�I�{�IKP���IKd8I�L � Z[J£IKP�d�E+Z8lML�abP ����p�akL�_ � F]{b{¨��^Qn[lML\F]N�d[FAl\_�J\abG[L\abRUP�¦ � FHn�±MZ8l��¬Iy_HRhNOG�ab{bFHJ£I�P8dI��8lML�J�Ih_�L�NªIK_ � abP�F���IKl\F]dfabNOG[{bF]NOFHPQLtI�L�abRhP*RUT�¿8²#JmRU{bRUg[� �oP�Ì�I�J'IK{|d ��I�P��]abP[gUFHJ]}8F]d[akL�RhJ]}���½�H� �/0 � � º� ��cº� K½ ��� ����� ����� �KH � �A}�P`Z[N"��FHJ s ��� v abP �>F]_�L�Z[J\F��+RKL�F]lXabPf«�JmL\ab¡8_Ha�I�{1��PwL�FH{b{babgUF]P�_HFh}G8IKgUF]l v�+ ! vKu�s ��^`G[J\abP�ghF]J r ��FHJ\{�I�g�} �UZ�{kn sHuUuUu �

� � + � ��RhG�I�{�IKP���IKd8I�L � Z[J�I�P8d ��J'I�P�Ëf²#T�F]P�P[abP�g[� �S� FcLon�G�F�lMn[lML\F]N RUT#I � abg � FHJ r RUJ�d�F]J+{bRhgUa|_ G[J\R rghJ'IKNYNOabP�g�{�IKP[gUZ�I�gUFh� �oP-��J'IKP[Ë¢²WT9FHP�P�abP[g�}£FAd�akL�RUJH}"¸`»1�[ºH¾ � ��� ��&� � ����&.� �/0 0 ��� &K}6G�IKghFAlv�q �� v�+ ����p#� � ²WJ\FAl\lH} s]uhuwv �

� � u � ��RhG�I�{�IKP©��Ihd�I�L � Z�J�IKP8d©E+F]��J�If^QZ�F�ɬab{|lmRUP�� «�P�RhL'I�L\abRUP�T�RUJ�{�IKN"��d8IYL�FHJ\N�lH¦+«�ghF]P�FHJ'I�{ rab�AI�L�abRhPfRUT6FHPQj`abJ\RUP[NOF]PwL'lH��¸ �[º��/��º � � � �� �� � 0���½ � º � � � � º�� � ºH} s]u�+ " strMv ,t¦ qQu u�+ } sHuUu�+ �

� qQ~ � ��J'I�P�Ë�²WT9F]P[P�abP[g��Y²£IKJML�a�IK{WG�Rh{kn�NORhJ\G � a|_�L�n`G�F¥abP�T�F]JmF]P8_�FOIKP�d � abg � FHJ r RhJ�d�F]J�Z[P�ab¡�_AI�L\abRUP�� �oP � � � º'º� � � &h¾ � - � �[º � � � � �9¾%� �� ��½ � ��� ������ ����&.� �/0 0 ��� &!� ���-Hº ��º�� � º�}UG8IKgUF]l s �� s ���`}sHu�+�+ �

� q�s � ��J'I�P�Ë�²#T�F]P[P�abP�g"IKP�dfV RUP8IK{�e#{b{babRhLmLA�DÌ+abg � F]J r RhJ�d[FHJyIK��lML�J'IK_�Llmn`PQL'I�­�� �oP ��� � º'º� ���� &h¾ � - � �[º� � �EH#���/, ����� � ���-�º ��º�� � º �� ����&/���/0 0 ��� & � �� &h½ �*&Qº��cº�¾���&�� �� ��0 �� bº 0Oº�� � � � ����}G8IKgUF]l s]uUu vK~�+ ��«+Vp ²WJ\F]l\l]} �wZ[P�F s]u�+�+ �

� q`v � ��J'I�P�Ë3²WT9F]P[P�abP[gOIKP8d�VIKJ\lmL\F]P�^�_ � �Z�JmNªIKP[P!�#^Qn�lmL\F]N d�FAl\_HJmabG[L�abRhP!¦ � �FH{bT � I"NOF�LtI r {bRUgha|_AIK{T�J'IKNYFH�RhJ\˹T9RhJ�d[F]d[Z�_�L�akjUF�lMn�lmL\F]N�lH� �oP¯Ìc����I�P��]abP[gUFHJ]}FAd[akL\RUJH} ��� � º'º� ��� &K¾ � - � �[º � � � ���� � º ����� � ������� �� ���-�º ��º�� � º2�� ��½ � �/0 � � º� ��cº� K½ �*� �����.����� �KH � � ��}hG8IKgUF]l vK~wv vh~ ��} � J\F]PwL�R[}� LtIK{knU} �UZ�{kn s]uUuhu ��^`G�JmabP�ghF]J r ��FHJ\{�IKg �>��« � s ��� v �

� q �%��E � Ìc� E ��ɶI�J\JmF]P!�#«�P�I��8lML�J�Ih_�L+²WJ\Rh{bRUg¥abP8lML�JmZ8_�L\abRUPfl\F�LA� � F]_ � P[a|_AI�{>�+RKL�F � ~Uu }�^�� ����PwL�F]JmP�I rL\abRUP�I�{¨}�¤�_tL�Rh��F]J sHu�+ ���

� qUq ��E � Ìc� E �KɹIKJmJ\FHP!� ��NOG[{bF]NOFHPQL\abP�g�²#JmRU{bRhg �¯_HRhNOG�ab{babP[g�G�J\F]d[a|_]I�L�F{bRUgha|_SG[J\RUghJ'I�N�lH�8i+P[akjwFHJ�lmakL�nRhT£e�d[abP`�[Z�Jmg � }�E � «c� � �SFAlmF�I�J�_ � �yFHG�RhJmL'l � u IKP�d qQ~ }8p�I]n sHu !�! �

� q � ��² � ab{babG�ɬa|_'ËQ{babP�FYIKP�d©E�I�{bFOp�ab{b{bFHJ]� �S� F � F]J\�HR s � s ��abNYG�{bF]NYF]PQL'I�L\abRUP�RhT¿�²WJ\Rh{bRUg[� E+a|lmL\J\a r�[Z[L�abRhPªabPª� � r ^[p ��lmRUZ[J�_HF+¡[{bFAlH�[^`FHF������" ����������������������������������! ��"�#����#%$�&!'�#'%()�[}K«+G[J\ab{sHuUu ! �

� s