,,R,WRV‘T!V!6PSO‘PWPSTOP
K8+&B$$ 9’";8&6+( $#"$4/,)4$ D+&-/+"+&(+2 ),"0+ )8 # 38=#$#&4- 78#$ ;’")#-/+"=8/ $#(’:-’$>
7WQEWL a’";<=+ A8#5(4-/$8)#8 :-#$)4/H=#& =#( D+&-/+"+&=+#/ +&+)$"4(8)%- =+/,"&B"+(A-/+" +&&+(B"/,-+ ,- -/+"=8/+&,-+
:,&0’9H&> J33+/ # :-#$)4/H34/ (+ :-#$)4/$#--4( #/ +&&+(B"/,-"+ ,- # -/+"=8/+&,-"+ -/4&5’&H +-/)./.( )@=1& ;’- +-/)./$>
‘1&.(9+( #/ #))%;%&’$4" &+;+"1&3+$2 # 0’";< +&+)$"4(8)#8 +-/)./+8 389’-#( ;<).A3+$(+) =#56 =’"#$( F"49&,;’) D4"A%&3#$(#)
+&B> E4=’99’ - A8#5(4-/$8)#8 +-/)./$B& +&$,"B ;’- +-/)./ :-#$)4/$#$’-’9H& -/’";#/H ;+5389’-4A’-4)"# # 5#"#(:8# (+;
$+"0+A )8>
E#"$4/,)4)2 4F:84(’&8- #&)#$",-/+) -$9> D+&-/+"+&,-,$ :-#) #/ #A4$$ 4"-/’5 $."=,(6+8 ’&$#& +&B@"$ )4"&’$4) )./.$$ ,- #/ + 0’";<3./
#A4$$ A4)%;+($%;4)9#( $#&’&3#$H G$;%$#$H ,- D856+&;+/$+$,-+) -/+"8($ -/#9#A =,5+/(8> a’";<=,"+ :-#) #/ 7P? C$#&6 L>F>?>
’&$#& 0H=’3#564$$ $#"$4/,)4) -/+"+&3+$B)>
?/ +&+)$"4;4- #&)#$",-/+) (+; ;+5D+&+&B D+&-/+"+&,-+ $1/+$ 4)4/3#$> ‘,"01) $#(%&;’(64//# + D+&3#-/(’&H8 ),/8).(6=(+) #/
+&+)$"4;4-2 8&&+$=+ #/ 1/+;#(6#5 "+(A-/+" ;HA4-@$’-’"#^=’&$4/$#$’-’"# =4(#$)4/H D+0+/+$,$>
K498&$+&+D4( =#56 "’A8H),-/1&,) )1&-B #($+((# (,&)1&8 3#-/(’$# # 0’";<9+( /#=#"$ 4)4/3#$ #/ +&+)$"4;4- "+(A-/+"9+(2 #;8 #
0’";< (+; 98/$4(-’54- ;<).A,-,3+/ =+/+$3+$>
Q+; -/#9#A 3#-/(’&(8 4&6#( 5%;8#9"4(:-4)#$2 8&&+$=+ D+&(8)+$2 #;+&6+) (+; D+&+&(+) ;+5 #/ +&B@"’-4)(#)> ? D+&(8 ,-
5%;8#9"4(:- ;,"+$+)"+ =4(#$)4/H 8(D4";’:8H)#$ # gLF+:8D8)’:8H)h :@;< D+0+/+$9+( $#&’&3#$>
? $#"$4/,)4)2 8&&+$=+ #&)#$",-/+) D+&-/+"+&,-,$2 8&&+$=+ # 0’";<=.( =,5/+$$ +56,9 ;HA4-@$’-4)#$ ;+5+&B/B+( $#(%&;’(64//# #
$#"$4/,)4) ),/8).(6=,$>
6VXRVO+
? F8#:4( $#&’&3#$H2 )1&.(D,&+ 56’"$H)$H& -/’";#/H $#"$4/,)4)2 8&&+$=+ :-+"+#&)#$",-/+) -4)D,&+-,5+ ;8#$$ (+; :-#) #/ 7P? C$#&6
L>F>?>2 A+ # 38=#$#&4- ;’")#-/+"=8/+) ",-/,"+ 8- &+3+$+$&+( #((#) +&&+(B"/,-+2 3456 #/ 8&6+( #&)#$",-/+)2 8&&+$=+ $#"$4/,)4)
D+&-/+"+&,-+ 9+D4&6’-4&0#V+ 0’";<=+ ’$D45H 98/$4(-’5’$>
K,5 #))4" 8-2 3# #/ 8&6+( #&)#$",-/+)+$ 38=#$#&4-#( +(5+A,&6+/$,) F,&A’%& g’&$#&’(4- 1/+;+&$+$B8 +(5+A,&&6+&h X+/ +56 #&)#$",-/
,"$,)+&,-Y2 =#56 #/ #&)#$",-/ 38=#$#&4-#( 0H=’3#564$$ ;HA4( ),-/1&$2 =#56 #/ 8&6+( #&)#$",-/+)2 8&&+$=+ $#"$4/,)4) D+&-/+"+&,-,$
).=+$B +56+A8 ;<).A,-8 +(5+A,&6+/,- +-+$,( 2 (+; ).=+$)+/$+$3+$1() :-%F’( +99B& #""#2 3456 0’";<=+ =+/+$,-,(+)
98/$4(-’5# (+; =’&$4/4$$V+ ;+5>
Z+56+ #/$ 8- D856+&+;9+2 3456 #/ ,"$,)+&B =#56 #/ #&)#&;#/4$$ +/+),"$ #F=+$B+( (+; =’&& D+&+&B--,5+$> ? ;#i8;’&8- 98/$4(-’5
:-#) +56 38=#$#&4- 78#$ ;’")#-/+"=8/ ’&$#& #0’(&4$$2 ,"$,)+-@$+$$2 8&&+$=+ D+&-/+"+&$ #&)#$",--/+& 98/$4-@$3#$H X+"+A+$8 7P? C$#&6 L>F>?>
:-+"+#&)#$",-/+) 3#-/(’$#Y> _56#(+/ =4(#$)4/8) # 0’";<=.( =,5/+$$2 #56’"$’-8 +&B@"’-4)#$ ,"8($B ;HA4-@$’-4)"# 8-> M8/$4(-’58
4)4)9H& :-#) 4&6#( ;HA4-@$’-4)#$ )@-,"+&0+( ;+52 #;+&6+) # 38=#$#&4- ;’")#-/+"=8/ #0’(&’-#8=#& .--/3#(59#( =#((#)>