new family code digest

8/13/2019 New Family Code Digest

1/48

!"#" %&' ()*+

,-, .+*/ 012

"#$%&'

()#$* +* (,-.#/0 1)23#%* )*&14/+*/%0 5#& 2/2%2#667 82)*+ #& # )*62*3*) 97 :;?,1*)/,.*)#)7 :)4@*$% A4)B*)0 =4) # =2C*+ 1*)24+ +,* %4 #

$*)%#2/ *.1647** 584D& 8#32/E # .#%*)/2%7 6*#3*F G/+*) %8* #E)**.*/% &8* &2E/*+0 8*)

*.1647.*/% 5#& %4 2..*+2#%*67 %*).2/#%* ,14/ %8* *C12)#%24/ 4= %8* #E)**+ 1*)24+F

;8*)*#=%*)0 :;%8*)* 2& /4 %),%8 #& %4 %8* 3*)#$2%7 4= %8* #66*E#%24/W #/+

$8#66*/E*+ S&%)#+#0 >%4 #11*#) 2/ %8* 41*/ #/+ 1)43* 82& #66*E#%24/ 2/ %8* 1)41*) $4,)%WF

T,+E* Q#429*& &*% # 1)*62.2/#)7 $4/=*)*/$* #/+ S&$)2%4) .43* =4) 2/8292%24/ %4 #342+ 92#& #/+&,&12$24/ 2/ 8*#)2/E 8*) $#&*F K/ %8* $4/=*)*/$*0 S&%)#+# $4/=2).*+ %8#% 8* =26*+ # 6*%%*)N

$4.16#2/% =4) >+2&E)#$*=,6 #/+ 2..4)#6 $4/+,$%W ,/+*) %8* O*32&*+ R+.2/2&%)#%23* Q4+*

#E#2/&% S&$)2%4) =4) %8#% 82& =)*L,*/% 32&2% 2/ %8* M#66 4= T,&%2$* 2/ U#& :2V#& 6*#)/*+ S&$)2%4) 2&

$48#92%2/E 52%8 #/4%8*) .#/ /4% 82& 8,&9#/+F

S&$)2%4) %*&%2=2*+ %8#% 58*/ &8* */%*)*+ @,+2$2#)7 2/ HXXX0 &8* 5#& #6)*#+7 # 52+45

&2/$* HXXYF ?8* #+.2%%*+ %8#% &8*D& 9**/ 6232/E 52%8 U,$2#/4 Z,26#14 T)F 52%84,% %8* 9*/*=2%

4= .#))2#E* =4) [J 7*#)& #/+ %8#% %8*7 8#3* # &4/F S&$)2%4) #&&*)%*+ %8#% #& # .*.9*) 4= %8*

)*62E24,& &*$% B/45/ #& T*843#8D& A2%/*&&*&0 #/+ 8#32/E *C*$,%*+ # >\*$6#)#%24/ 4= :6*+E2/E

"#2%8=,6/*&&W ]582$8 #6645& .*.9*)& 4= %8* $4/E)*E#%24/ 584 8#3* 9**/ #9#/+4/*+ 97

%8*2) &14,&*& %4 */%*) 2/%4 .#)2%#6 )*6#%24/&^ @42/%67 52%8 Z,26#14 #=%*) %*/ 7*#)& 4= 6232/E

%4E*%8*)0 8*) $4/@,E#6 #))#/E*.*/% 2& 2/ $4/=4).2%7 52%8 8*) )*62E24,& 9*62*=& #/+ 8#& %8*

#11)43#6 4= %8* $4/E)*E#%24/0 %8*)*=4)* /4% $4/&%2%,%2/E +2&E)#$*=,6 #/+ 2..4)#6 $4/+,$%F

K&&,*'

A8*%8*) 4) /4% S&$)2%4) 2& #+.2/2&%)#%23*67 62#96* =4) +2&E)#$*=,6 #/+ 2..4)#6

$4/+,$%F

O,62/E'

S&$)2%4) $#//4% 9* 1*/#62-*+F ;8* Q4/&%2%,%24/ #+8*)*& %4 %8* 9*/*346*/% /*,%)#62%7

#11)4#$8 %8#% E23*& )44. =4) #$$4..4+#%24/ 4= )*62E24,& *C*)$2&*& #& )*L,2)*+ 97 %8* ")**

SC*)$2&* Q6#,&*0 1)432+*+ %8#% 2% +4*& /4% 4==*/+ $4.1*662/E &%#%* 2/%*)*&%&F ;8* _?( .,&%

%8*/ +*.4/&%)#%* %8#% %8* &%#%* 8#& ,&*+ %8* 6*#&% 2/%),&23* .*#/& 14&&296* &4 %8#% %8* =)**

*C*)$2&* $6#,&* 2& /4% 2/=)2/E*+ #/7 .4)* %8#/ /*$*&)7 %4 #$82*3* %8* 6*E2%2.#%* E4#6 4= %8*

&%#%*F K/ %82& $#&*0 52%8 /4 24%# 4= *32+*/$* 4==*)*+0 %8* )*$4)+& #)* 9*)*=% 4= *3*/ # =**96*

#%%*.1% %4 &845 %8#% %8* &%#%* #+41%*+ %8* 6*#&% 2/%),&23* .*#/&F A2%8 %8* ?462$2%4) (*/*)#6,%%*)67 =#262/E %4 1)43* %82& *6*.*/% 4= %8* %*&%0 #/+ ,/+*) %8*&* +2&%2/$% $2)$,.&%#/$*&0

S&$)2%4) $#//4% 9* 1*/#62-*+F

;8* Q4/&%2%,%24/ 2%&*6= .#/+#%*& %8* Q4,)% %4 .#B* *C*.1%24/& 2/ $#&*& 2/34632/E

$)2.2/#6 6#5& 4= E*/*)#6 #1162$#%24/0 #/+ ,/+*) %8*&* +2&%2/$% $2)$,.&%#/$*&0 &,$8 $4/@,E#6

#))#/E*.*/% $#//4% 9* 1*/#62-*+ =4) %8*)* 2& # $#&* =4) *C*.1%24/ =)4. %8* 6#5 9#&*+ 4/

%8* =,/+#.*/%#6 )2E8% %4 =)**+4. 4= )*62E24/F K/ %8* #)*# 4= )*62E24,& *C*)$2&* #& # 1)*=*))*+

=)**+4.0 .#/ &%#/+& #$$4,/%#96* %4 #/ #,%84)2%7 82E8*) %8#/ %8* &%#%*F


2/48

D:9496 %&' +6EF:&11-

"#$%&'

:*%2%24/*)& U*4/$2# #/+ (#,+24&4 a#64E94E #)* %8* $826+)*/ 4= a#&2624 a#64E94E #/+

(*/43*3# R)-29#6 584 +2*+ 2/%*&%#%* 2/ HXIH #/+ HXbH0 )*&1*$%23*67F ;8*7 8#+ #/ 46+*)

9)4%8*)0 (#32/40 9,% 8* +2*+ 2/ HXcI0 1)*+*$*#&2/E %8*2) 1#)*/%&F K/ HXbY0 1)23#%*

)*&14/+*/%& O#.4/2%4 #/+ (*/*)4&4 a#64E94E 9)4,E8% #/ #$%24/ =4) 1#)%2%24/ #/+

#$$4,/%2/E #E#2/&% 1*%2%24/*)&0 $6#2.2/E %8#% %8*7 5*)* %8* 6*E2%2.#%* $826+)*/ 4= (#32/4 97

Q#%#62/# G9#& #/+ %8#%0 #& &,$80 %8*7 5*)* */%2%6*+ %4 %8* 4/*N%82)+ &8#)* 4= (#32/4 2/ %8**&%#%* 4= %8*2) E)#/+1#)*/%&F K/ %8*2) #/&5*)0 1*%2%24/*)& +*/2*+ B/452/E 1)23#%*

)*&14/+*/%&F ;8*7 #66*E*+ %8#% %8*2) 9)4%8*) (#32/4 +2*+ &2/E6* #/+ 52%84,% 2&&,* 2/ %8*2)

1#)*/%&d )*&2+*/$* #% ;#EN#.#B#/0 R&%,)2#&0 Q*9,F ;8* Q4,)% 4= "2)&% K/&%#/$* 4= Q*9, Q2%7

)*/+*)*+ @,+E.*/% =4) 1)23#%* )*&14/+*/%&0 4)+*)2/E 1*%2%24/*)& %4 )*/+*) #/ #$$4,/%2/E

=)4. HXbJ ,/%26 %8* =2/#62%7 4= 2%& @,+E.*/%0 %4 1#)%2%24/ %8* *&%#%* #/+ +*623*) %4 1)23#%*

)*&14/+*/%& 4/*N%82)+ 4= %8* *&%#%* 4= a#&2624 #/+ (*/43*3#0 #/+ %4 1#7 #%%4)/*7d& =**& #/+

$4&%&F _/ #11*#60 %8* Q4,)% 4= R11*#6& #==2).*+F

K&&,*'A8*%8*) 4) /4% %8* .#))2#E* 9*%5**/ (#32/4 #/+ Q#%#62/# 2& 3#62+ *3*/ 2/ %8*

#9&*/$* 4= .#))2#E* $*)%2=2$#%*F

O,62/E'G/+*) %8* O,6*& 4= Q4,)%0 %8* 1)*&,.1%24/ 2& %8#% # .#/ #/+ # 54.#/ $4/+,$%2/E

%8*.&*63*& #& 8,&9#/+ #/+ 52=* #)* 6*E#667 .#))2*+F ;82& 1)*&,.1%24/ .#7 9* )*9,%%*+ 4/67

97 $4E*/% 1)44= %4 %8* $4/%)#)7F K/ %82& $#&*0 1*%2%24/*)&d $6#2. %8#% %8* $*)%2=2$#%24/

1)*&*/%*+ 97 1)23#%* )*&14/+*/%&0 %4 %8* *==*$% %8#% %8* )*$4)+ 4= %8* .#))2#E* 8#+ 9**/ 64&%

4) +*&%)47*+ +,)2/E %8* 5#)0 5#& 9*62*+ 97 %8* 1)4+,$%24/ 4= %8* a44B 4= P#))2#E*& 97 %8*

#&&2&%#/% .,/2$21#6 %)*#&,)*) 4= R&%,)2#&F :*%2%24/*)& #)E,* %8#% %82& 944B +4*& /4% $4/%#2/

#/7 */%)7 1*)%#2/2/E %4 %8* #66*E*+ .#))2#E* 4= 1)23#%* )*&14/+*/%&d 1#)*/%&F ;82& $4/%*/%24/

8#& /4 .*)2%F R6%84,E8 # .#))2#E* $4/%)#$% 2& $4/&2+*)*+ 1)2.#)7 *32+*/$* 4= .#))2#E*0 %8*

=#26,)* %4 1)*&*/% 2% 2& /4% 1)44= %8#% /4 .#))2#E* %44B 16#$*F _%8*) *32+*/$* .#7 9*

1)*&*/%*+ %4 1)43* .#))2#E*F

M*)*0 1)23#%* )*&14/+*/%& 1)43*+0 %8)4,E8 %*&%2.4/2#6 *32+*/$*0 %8#% (#32/4 #/+

Q#%#62/# 5*)* .#))2*+ 2/ HX[X` %8#% %8*7 8#+ %8)** $826+)*/0 4/* 4= 584. +2*+ 2/ 2/=#/$7`

%8#% %8*2) .#))2#E* &,9&2&%*+ ,/%26 HXcI 58*/ (#32/4 +2*+` #/+ %8#% %8*2) $826+)*/0 1)23#%*

)*&14/+*/%& 8*)*2/0 5*)* )*$4E/2-*+ 97 (#32/4d& =#.267 #/+ 97 %8* 1,962$ #& %8* 6*E2%2.#%*

$826+)*/ 4= (#32/4F M*/$*0 %8* .#))2#E* 9*%5**/ (#32/4 #/+ Q#%#62/# 2& 3#62+F


3/48

3?@GM9: .5' %&' NGIGO>L0 .+*/ A,0

"#$%&'G/#5#)* 4= %8* +*#%8 4/ [Y R,E,&% HXYY 4= e2%#62#/# e#)E#&0 8*) =,66 9644+

9)4%8*)& #/+ &2&%*)&0 8*)*2/ 1)23#%* )*&14/+*/%& =26*+ # 1*%2%24/ =4) 8#9*#& $4)1,& 9*=4)* %8*

O;Q 4= P2.2& _)2*/%#6 #66*E2/E %8#% e2%#62#/# 5#& =4)$2967 %#B*/ =)4. 8*) )*&2+*/$*

&4.*%2.* 2/ HXYf #/+ $4/=2/*+ 97 8*)*2/ 1*%2%24/*) 2/ 82& 1#6#$2#6 )*&2+*/$* 2/ T##/0

P2.2& _)2*/%#6F \*&12%* 8*) +*&2)* %4 *&$#1*0 e2%#62#/# 5#& #66*E*+67 +*1)23*+ 4= 8*) 629*)%7

52%84,% #/7 6*E#6 #,%84)2%7F R% %8* %2.* %8* 1*%2%24/ 5#& =26*+0 2% 5#& #66*E*+ %8#% e2%#62#/#

5#& [I 7*#)& 4= #E*0 &2/E6*0 #/+ 6232/E 52%8 1*%2%24/*) ;4.#& S,E*/24F :*%2%24/*) )*=,&*+ %4

&,))*/+*) %8* 94+7 4= e2%#62#/# ]584 8#+ +2*+ 4/ [Y R,E,&% HXYY^ %4 %8* )*&14/+*/% &8*)2==F

R& 8*) $4..4/ 6#5 8,&9#/+0 1*%2%24/*) $6#2.*+ 6*E#6 $,&%4+7 4= 8*) 94+7F :)23#%*

)*&14/+*/%& ]e#)E#&*&^ #66*E*+ %8#% 1*%2%24/*) ;4.#& S,E*/240 584 2& /4% 2/ #/7 5#7 )*6#%*+

%4 e2%#62#/# 5#& 5)4/E=,667 2/%*)=*)2/E 52%8 %8*2) ]e#)E#&*&d^ +,%7 %4 9,)7 8*)F K/34B2/E R)%&F

cJI #/+ cJY 4= %8* Q2326 Q4+*0 %8* e#)E#&*& $4/%*/+*+ %8#%0 #& %8* /*C% 4= B2/ 2/ %8*

:8262112/*&0 %8*7 #)* %8* 6*E#6 $,&%4+2#/& 4= %8* +*#+ 94+7 4= %8*2) &2&%*) e2%#62#/#F R/

*C$8#/E* 4= 16*#+2/E& =46645*+F :*%2%24/*) $6#2.& 8* 2& %8* &14,&* $4/%*.16#%*+ ,/+*) R)%F

[Xg 4= %8* Q2326 Q4+*0 %8* %*). &14,&* ,&*+ %8*)*2/ /4% 9*2/E 1)*$*+*+ 97 #/7 L,#62=2$#%24/`

8*/$*0 2/ %8* #9&*/$* 4= &,$8 L,#62=2$#%24/0 8* 2& %8* )2E8%=,6 $,&%4+2#/ 4= e2%#62#/#d& 94+7F

e2%#62#/#d& 9)4%8*)& #/+ &2&%*)& $4/%*/+ 4%8*)52&*F

K&&,*'A8*%8*) 4) /4% 1*%2%24/*) $#/ 9* $4/&2+*)*+ #& # &14,&* 4= e2%#62#/# e#)E#&F

O,62/E';8*)* 2& # 32*5 %8#% ,/+*) R)%2$6* cc[ 4= %8* O*32&*+ :*/#6 Q4+*0 %8* %*). h&14,&*h

*.9)#$*& $4..4/ 6#5 )*6#%24/ =4) 1,)14&*& 4= *C*.1%24/ =)4. $)2.2/#6 62#9262%7 2/ $#&*& 4=

%8*=%0 &52/+62/E #/+ .#62$24,& .2&$82*= $4..2%%*+ 4) $#,&*+ .,%,#667 97 &14,&*&F ;8* :*/#6

Q4+* #)%2$6*0 2% 2& +0 .#B*& /4 +2&%2/$%24/ 9*%5**/ # $4,16* 584&* $48#92%#%24/ 2&

/$%24/*+ 97 # $)#.*/% 4) 6*E#6 %2* #/+ #/4%8*) 584 #)* 8,&9#/+ #/+ 52=* +* =#$%4F a,%

%82& 32*5 $#//4% *3*/ #1167 %4 %8* =#$%& 4= %8* $#&* #% 9#)F A* 846+ %8#% %8* 1)432&24/& 4= %8*

Q2326 Q4+*0 ,/6*&& *C1)*&&67 1)432+2/E %4 %8* $4/%)#)7 #& 2/ R)%2$6* Hgg0 58*/ )*=*))2/E %4 #

h&14,&*h $4/%*.16#%* # 6#5=,667 5*++*+ &14,&*F :*%2%24/*) 32&NiN32& e2%#62#/# 5#& /4% #

6#5=,667 5*++*+ &14,&*` 2/ =#$%0 8* 5#& /4% 6*E#667 $#1#$2%#%*+ %4 .#))7 8*) 2/ 8*) 62=*%2.*FQ,&%4+7 4= %8* +*#+ 94+7 4= e2%#62#/# 5#& $4))*$%67 #5#)+*+ %4 8*) &,)3232/E

9)4%8*)& #/+ &2&%*)& ]%8* e#)E#&*&^F

+:&86 %&' !6I6PF6P:M

,C- .+*/ ,A1

"#$%&'

O#.4/ QF ?#.94 #/+ 4%8*) $4.16#2/#/%& =26*+ #/ #+.2/2&%)#%23* $4.16#2/% %4 %8*

_==2$* 4= %8* Q4,)% R+.2/2&%)#%4) #E#2/&% T,+E* U,$24 :#6#71#74/ #/+ j*62# a#)470

)*&14/+*/%&0 =4) %8* =466452/E 4==*/&*&'

!" #$$%&'$ )*$%+,-.'/-*, *0 +'11-'&%[F "#6&2=2$#%24/ 4= %8* .4/%867 )*14)%& 4= $#&*&cF a)29*)7 2/ $4/&2+*)#%24/ 4= #/ #1142/%.*/% 2/ $4,)%gF j4/N2&&,#/$* 4= )*$*21% =4) $#&8 94/+ )*$*23*+IF K/=2+*62%7 2/ %8* $,&%4+7 4= +*%#2/*+ 1)2&4/*)&0 #/+bF O*L,2)2/E 1#7.*/% 4= =262/E =**& =)4. *C*.1%*+ */%2%2*&

Q4.16#2/#/%& #66*E* %8#% )*&14/+*/% @,+E* &46*./2-*+ .#))2#E*& *3*/ 52%84,% %8*

)*L,2&2%* 4= .#))2#E* 62$*/&*F ;8,&0 &*3*)#6 $4,16*& 5*)* #96* %4 E*% .#))2*+ 97 %8* &2.16*

*C1*+2*/% 4= 1#72/E %8* .#))2#E* =**& %4 )*&14/+*/% a#)470 +*&12%* %8* #9&*/$* 4= .#))2#E*

62$*/&*F R& # $4/&*L,*/$*0 %8*2) .#))2#E* $4/%)#$%& +2+ /4% )*=6*$% #/7 .#))2#E* 62$*/&*

/,.9*)F K/ #++2%24/0 %8* )*&14/+*/% @,+E* +2+ /4% &2E/ %8*2) .#))2#E* $4/%)#$%& #/+ +2+ /4%

2/+2$#%* %8* +#%* 4= &46*./2-#%24/0 %8* )*#&4/ 9*2/E %8#% 8* #66*E*+67 8#+ %4 5#2% =4) %8*

.#))2#E* 62$*/&* %4 9* &,9.2%%*+ 97 %8* 1#)%2*& 582$8 5#& ,&,#667 &*3*)#6 +#7& #=%*) %8*

$*)*.4/7F K/+,92%#9670 %8* .#))2#E* $4/%)#$%& 5*)* /4% =26*+ 52%8 %8* 64$#6 $2326 )*E2&%)#)F

K&&,*'

A8*%8*) 4) /4% )*&14/+*/% @,+E* 2& 62#96* 4= 266*E#6 &46*./2-#%24/ 4= .#))2#E*F

O,62/E'

_/ %8* $8#)E* )*E#)+2/E 266*E#6 .#))2#E*&0 %8* "#.267 Q4+* 1*)%2/*/%67 1)432+*&

%8#% %8* =4).#6 )*L,2&2%* 4= .#))2#E*0 2/%*) #62#0 # 3#62+ .#))2#E* 62$*/&* *C$*1% 2/ %8* $#&*&

1)432+*+ =4) %8*)*2/F Q4.16*.*/%#)2670 2% +*$6#)*& %8#% %8* #9&*/$* 4= #/7 4= %8* *&&*/%2#6 4)

=4).#6 )*L,2&2%*& &8#66 E*/*)#667 )*/+*) %8* .#))2#E* 342+ #9 2/2%24 #/+ %8#%0 5826* #/

2))*E,6#)2%7 2/ %8* =4).#6 )*L,2&2%*& &8#66 /4% #==*$% %8* 3#62+2%7 4= %8* .#))2#E*0 %8* 1#)%7 4)

1#)%2*& )*&14/&296* =4) %8* 2))*E,6#)2%7 &8#66 9* $2326670 $)2.2/#667 #/+ #+.2/2&%)#%23*67 62#96*F

;8,&0 )*&14/+*/% @,+E* 2& 62#96* =4) 266*E#6 &46*./2-#%24/ 4= .#))2#E*F


4/48

Q6&&EG5 %&' NGIGO

>, .+*/ 2AL

"#$%&'

")#/$2&$4 e*6*-0 +*=*/+#/%0 #/+ a*#%)2- A#&&.*)0 16#2/%2==N#11*66#/%0 =466452/E

%8*2) .,%,#6 643*0 +*$2+*+ %4 E*% .#))2*+ 4/ ?*1%*.9*) g0 HXIgF ;54 +#7& 9*=4)* %8*

5*++2/E0 +*=*/+#/% 6*=% # /4%* %4 a*#%)2- &%#%2/E %8*)*2/ %8* 14&%14/*.*/% 4= %8*2) 5*++2/E

+,* %4 4114&2%24/ 4= +*=*/+#/%D& .4%8*) #/+ %8#% 8* 5266 9* 6*#32/EF a,% 4/ ?*1%*.9*) c0

HXIg0 +*=*/+#/% &*/% #/4%8*) %*6*E)#. &%#%*+ %8#% 8* 5266 9* )*%,)/2/E 3*)7 &44/ =4) %8*

5*++2/EF M45*3*)0 +*=*/+#/% +2+ /4% #11*#) /4) 5#& 8* 8*#)+ =)4. #E#2/Fa*#%)2- &,*+ +*=*/+#/% =4) +#.#E*& #/+ 2/ &26*/$* 4= %8* +*=*/+#/%0 %)2#6 $4,)%

E)#/%*+ %8* 1*%2%24/ #/+ 4)+*)*+ %8* +*=*/+#/% %4 1#7 a*#%)2- #$%,#60 .4)#6 #/+ *C*.16#)7

+#.#E*&F _/ T,/* [H0 HXII +*=*/+#/% =26*+ # >1*%2%24/ =4) )*62*= =)4. 4)+*)&0 @,+E.*/%& #/+

1)4$**+2/E& #/+ .4%24/ =4) /*5 %)2#6 #/+ )*$4/&2+*)#%24/FW a*#%)2- .43*+ %4 &%)2B* 2% $,% 9,%

%8* $4,)% 4)+*)*+ %8* 1#)%2*& #/+ %8*2) #%%4)/*7& %4 #11*#) =4) %8* &%#E* 4= 14&&29262%7 4=

#))232/E #% #/ #.2$#96* &*%%6*.*/%F \*=*/+#/% 5#&/D% #96* %4 #11*#) 9,% 2/&%*#+ 4/ %8*

=466452/E +#7 82& $4,/&*6 =26*+ # .4%24/ %4 +*=*) =4) %54 5**B& %8* )*&46,%24/ 4/ +*=*/+#/%D&

1*%2%24/ =4) )*62*=F K% 5#& E)#/%*+ 9,% #E#2/ +*=*/+#/% #/+ 82& $4,/&*6 =#26*+ %4 #11*#)F

R/4%8*) $8#/$* =4) #.2$#96* &*%%6*.*/% 5#& E23*/ 97 %8* $4,)% 9,% %82& %2.* +*=*/+#/%D&

$4,/&*6 2/=4).*+ %8* $4,)% %8#% $8#/$*& 4= &*%%62/E $#&* #.2$#967 5*)* /26F

K&&,*'

A8*%8*) 4) /4% %8* %)2#6 $4,)% *))*+ 2/ 4)+*)2/E %8* +*=*/+#/% %4 1#7 16#2/%2==

+#.#E*&F

O,62/E'

;8* $#&* #% 9#) 2& /4% # .*)* 9)*#$8 4= 1)4.2&* %4 .#))7 9*$#,&* 2% 2& /4%

$4/&2+*)*+ #/ #$%24/#96* 5)4/EF ;8* .*)* =#$% %8* $4,16* 8#3* #6)*#+7 =26*+ # .#))2#E*

62$*/&* #/+ #6)*#+7 &1*/% =4) 2/32%#%24/&0 5*++2/E #11#)*6&0 E23*& %8* 16#2/%2== )*#&4/ %4

+*.#/+ =4) 1#7.*/% 4= +#.#E*&F ;8* $4,)% #==2).*+ %8* 1)*324,& @,+E.*/% #/+ 4)+*)*+ %8*

+*=*/+#/% %4 1#7 %8* 16#2/%2== .4)#6 +#.#E*& =4) %8* 8,.262#%24/ &8* &,==*)*+0 #$%,#6

+#.#E*& =4) %8* *C1*/&*& 2/$,))*+ #/+ *C*.16#)7 +#.#E*& 9*$#,&* %8* +*=*/+#/% #$%*+

=)#,+,6*/%67 2/ .#B2/E %8* 16#2/%2== 9*62*3* %8#% 8* 5266 $4.* 9#$B #/+ %8* 5*++2/E 5266 1,&8

%8)4,E8F

(6%655: %&' R?7@G S:E6@4:P/';' (:' ;"R1B >112

"#$%&'P#74) O4+46=4 j#3#))4 =26*+ #/ #+.2/2&%)#%23* $#&* #E#2/&% P,/2$21#6 Q2)$,2% ;)2#6

Q4,)% T,+E* M*)/#/+4 \4.#E%47F Q4.16#2/#/% $4/%*/+*+ %8#% \4.#E%47 +2&16#7*+ E)4&&

.2&$4/+,$% #& 5*66 #& 2/*==2$2*/$7 2/ 4==2$* #/+ 2E/4)#/$* 4= %8* 6#5 58*/ 8* &46*./2-*+ %8*

5*++2/E& 4= (#&1#) ;#E#+#/ #/+ R)67/ a4)E#0 +*&12%* %8* B/456*+E* %8#% %8* E)44. 2&

.*)*67 &*1#)#%*+ =)4. 82& =2)&% 52=*0 #/+ "64)2#/4 \#+4) ?,.#764 #/+ (*..# +*6 O4)240

582$8 5#& &46*./2-*+ #% %8* )*&14/+*/%D& )*&2+*/$* 582$8 +4*& /4% =#66 52%82/ 82&

@,)2&+2$%24/#6 #)*#FO*&14/+*/% @,+E* &**B& *C$,61#%24/ =)4. 82& #$% 4= 8#32/E &46*./2-*+ %8*

.#))2#E* 9*%5**/ (#&1#) ;#E#+#/0 # .#))2*+ .#/ &*1#)#%*+ =)4. 82& 52=*0 #/+ R)67/ a4)E#

97 &%#%2/E %8#% 8* .*)*67 )*62*+ 4/ %8* R==2+#32% 2&&,*+ 97 %8* P,/2$21#6 ;)2#6 T,+E* 4= a#&*70

?#.#)0 $4/=2).2/E %8* =#$% %8#% P)F ;#E#+#/ #/+ 82& =2)&% 52=* 8#3* /4% &**/ *#$8 4%8*) =4)

#6.4&% &*3*/ 7*#)&F A2%8 )*&1*$% %4 %8* &*$4/+ $8#)E*0 8* .#2/%#2/& %8#% 2/ &46*./2-2/E %8*

.#))2#E* 9*%5**/ ?,.#764 #/+ \*6 O4)240 8* +2+ /4% 3246#%* R)%2$6* f0 1#)#E)#18 H 4= %8*

"#.267 Q4+* #/+ %8#% #)%2$6* Y %8*)*4= #1162*& %4 %8* $#&* 2/ L,*&%24/F

K&&,*'A8*%8*) 4) /4% %8* )*&14/+*/% @,+E* .#7 9* 8*6+ 62#96* =4) &46*./2-2/E .#))2#E*&

582$8 +2+ /4% $4.167 52%8 %8* )*L,2&2%*& 2/ %8* "QF

O,62/E';8* Q4,)% 8*6+ %8#% *3*/ 2= %8* &14,&* 1)*&*/% 8#& # 5*66N=4,/+*+ 9*62*= %8#% %8*

1)*&*/% &14,&* 5#& #6)*#+7 +*#+0 # &,..#)7 1)4$**+2/E =4) %8* +*$6#)#%24/ 4= 1)*&,.1%23*

+*#%8 2& /*$*&)7 2/ 4)+*) %4 $4/%)#$% # &,9&*L,*/% .#))2#E*F K/ %82& $#&*0 ;#E#+#/ 5#& /4%

#96* %4 1)*&*/% # &,..#)7 1)4$**+2/E =4) %8* +*$6#)#%24/ 4= %8* =2)&% 52=*D& 1)*&,.1%23*

+*#%8 %8,&0 8* 2& &%266 $4/&2+*)*+ .#))2*+ %4 82& =2)&% 52=*F R .#))2#E* $#/ 4/67 9* $4/&2+*)*+ 9*74/+ %8* 94,/+#)2*& 4= %8* @,)2&+2$%24/ 4= %8*

@,+E* 2/ %8* =466452/E 2/&%#/$*&' ]H^ #% %8* 142/% 4= +*#%8` ][^ 2/ )*.4%* 16#$*&` 4) ]c^ ,14/

)*L,*&% 4= 94%8 1#)%2*& 2/ 5)2%2/E 2/ # &54)/ &%#%*.*/% %4 %82& *==*$%F j4/* 4= %8*&* 5*)*

$4.162*+ 52%8 %8*)*=4)* %8*)* 2& #/ 2))*E,6#)2%7F


5/48

/56TG& %&' R?7@G U8896M:/';' (:' ;"R>B ,==,

"#$%&':*%2%24/*) P*)$*+2%# P#%# $8#)E*+ )*&14/+*/% @,+E* 52%8 ()4&& KE/4)#/$* 4= %8*

U#50 32# # &54)/ U*%%*)NQ4.16#2/%0 =4) &46*./2-2/E %8* .#))2#E* 9*%5**/ 1*%2%24/*) #/+ 8*)

6#%* E)44. ]O*%F^ Q4..4+4)* \4.2/#+4) aF _)492# 52%84,% %8* )*L,2&2%* .#))2#E* 62$*/&*0

#.4/E 4%8*)&F

?2/$* %8* .#))2#E* 2& # /,662%70 1*%2%24/*)D& )2E8%0 ,14/ _)492#D& +*#%80 %4 2/8*)2% %8*

>3#&% 1)41*)%2*&W 6*=% 97 _)492# 5#& /4% )*$4E/2-*+F :*%2%24/*) 5#& 62B*52&* +*1)23*+ 4=

)*$*232/E %8* 1*/&24/& 4= _)492#F :*%2%24/*) 1)#7& %8#% /$%24/& 9* 2.14&*+ #E#2/&%

)*&14/+*/% =4) 82& 266*E#6 #$%& #/+ ,/*%82$#6 .2&)*1)*&*/%#%24/&0 582$8 $#,&*+ 8*) &4 .,$8

8#)+&821&0 *.9#))#&&.*/% #/+ &,==*)2/E&F ;8* $#&* 5#& )*=*))*+ 97 %8* _==2$* 4= %8* Q82*=

T,&%2$* %4 %8* _==2$* 4= %8* Q4,)% R+.2/2&%)#%4)0 582$8 )*L,2)*+ %8* )*&14/+*/% %4 $4..*/%

4/ %8* $4.16#2/%F

O*&14/+*/% #3*))*+0 #.4/E 4%8*)&0 %8#% 9*=4)* &%#)%2/E %8* $*)*.4/70 8*

*C#.2/*+ %8* +4$,.*/%& &,9.2%%*+ %4 82. 97 %8* 1*%2%24/*) #/+ 8* +2&$43*)*+ %8#% %8*

1#)%2*& +2+ /4% 14&&*&& %8* )*L,2&2%* .#))2#E* 62$*/&* &4 8* )*=,&*+ %4 &46*./2-* %8*

.#))2#E*F M45*3*)0 +,* %4 %8* *#)/*&% 16*#& 4= %8* 1#)%2*&0 %8* 2/=6,C 4= 32&2%4)&0 #/+ %8*

+*623*)7 4= %8* 1)432&24/& =4) %8* 4$$#&24/0 8* 1)4$**+*+ %4 &46*./2-* %8* .#))2#E* 4,% 4=

8,.#/ $4.1#&&24/F R=%*) %8* &46*./2-#%24/0 )*&14/+*/% )*2%*)#%*+ %8* /**+ =4) %8*

.#))2#E* 62$*/&* #/+ #+.4/2&8*+ %8* 1#)%2*& %8#% %8*2) =#26,)* %4 E23* 2% 54,6+ )*/+*) %8*.#))2#E* 342+F :*%2%24/*) #/+ _)492# #&&,)*+ %8* )*&14/+*/% %8#% %8*7 54,6+ E23* %8* 62$*/&*

%4 82.0 9,% %8*7 /*3*) +2+F M* #%%)29,%*+ %8* 8#)+&821& #/+ *.9#))#&&.*/% 1*%2%24/*)

&,==*)*+ #& +,* %4 8*) 45/ =#,6% #/+ /*E62E*/$*F

K&&,*'A8*%8*) 4) /4% )*&14/+*/%D& E,26%7 4= &46*./2-2/E # .#))2#E* 52%84,% # .#))2#E*

62$*/&* #/+ 4,%&2+* 82& %*))2%4)2#6 @,)2&+2$%24/F

O,62/E'O*&14/+*/% @,+E* &84,6+ 9* =#,6%*+ =4) &46*./2-2/E # .#))2#E* 52%84,% %8*

)*L,2&2%* .#))2#E* 62$*/&*F K/ !"#$%" '() *+,+0 %8* ?,1)*.* Q4,)% 8*6+ %8#% # .#))2#E*0 582$8

1)*$*+*+ %8* 2&&,#/$* 4= %8* .#))2#E* 62$*/&*0 2& 342+0 #/+ %8#% &,9&*L,*/% 2&&,#/$* 4= &,$8

62$*/&* $#//4% )*/+*) 4) *3*/ #++ #/ 24%# 4= 3#62+2%7 %4 %8* .#))2#E*F SC$*1% 2/ $#&*&1)432+*+ 97 6#50 2% 2& %8* .#))2#E* 62$*/&* %8#% E23*& %8* &46*./2-2/E 4==2$*) %8* #,%84)2%7 %4

$4/+,$% .#))2#E*F O*&14/+*/% @,+E* +2+ /4% 14&&*&& &,$8 #,%84)2%7 58*/ 8* &46*./2-*+ %8*

.#))2#E* 4= %8* 1*%2%24/*)F T,+E*&0 584 #)* #1142/%*+ %4 &1*$2=2$ @,)2&+2$%24/&0 .#7 4==2$2#%*

2/ 5*++2/E& 4/67 52%82/ + #)*#& #/+ /4% 9*74/+F A8*)* # @,+E* &46*./2-*& # .#))2#E*

4,%&2+* 82& $4,)%d& @,)2&+2$%24/0 %8*)* 2& # )*&,6%#/% 2))*E,6#)2%7 2/ %8* =4).#6 )*L,2&2%*0 582$8

5826* 2% .#7 /4% #==*$% %8* 3#62+2%7 4= %8* .#))2#E*0 .#7 &,9@*$% %8* 4==2$2#%2/E 4==2$2#6 %4

#+.2/2&%)#%23* 62#9262%7F

N76' SG +H?6 %&' +/

D'*' (:' >>2LC0 ;658H 0B >11L

"#$%&'

O49*)%4 Q8,# 5#& %8* $4..4/N6#5 8,&9#/+ 4= "64)2%# RF e#66*@4 #/+ 8#+ %54

266*E2%2.#%* &4/& 52%8 8*)F _/ [Y P#7 HXX[0 O49*)%4 Q8,# +2*+ 2/%*&%#%* 2/ \#3#4 Q2%7F G14/

%8* +*#%8 4= O49*)%40 e#66*@4 =26*+ 52%8 %8* O*E24/#6 ;)2#6 Q4,)% 4= Q4%#9#%4 Q2%7 # 1*%2%24/ =4)

%8* E,#)+2#/&821 #/+ #+.2/2&%)#%24/ 43*) %8* 1*)&4/& #/+ 1)41*)%2*& 4= %8* %54 .2/4)&F

M*)*2/ 1*%2%24/*) =26*+ =4) 2%& +2&.2&< $6#2.2/E %8#% &8* 5#& %8* &46* &,)3232/E 8*2) 4= %8*

+*$*+*/% 9*2/E 82& 52=*` #/+ %8#% %8* +*$*+*/% 5#& # )*&2+*/% 4= \#3#4 Q2%7 #/+ /4%

Q4%#9#%4 Q2%70 582$8 .*#/& %8#% %8* + $4,)% 5#& /4% %8* 1)41*) =4),. %4 &*%%6* +

.#%%*)&F

;8* 1*%2%24/*) =#26*+ %4 &,9.2% %8* 4)2E2/#6 $417 4= %8* .#))2#E* $4/%)#$% #/+ %8*

*32+*/$*& %8#% &8* ,&*+ 5*)*' # 184%4$417 4= + .#))2#E* $4/%)#$%0 ;)#/&=*) Q*)%2=2$#%* 4=

;2%6* 2&&,*+ 2/ %8* /#.* 4= O49*)%4 UF Q8,# .#))2*+ %4 R/%4/2*%%# (#)$2#0 #/+ # )*&2+*/% 4=

\#3#4 Q2%7` O*&2+*/$* Q*)%2=2$#%*& =)4. HXYY #/+ HXYX 2&&,*+ #% \#3#4 Q2%7 2/+2$#%2/E %8#% 8*

5#& .#))2*+ #/+ 5#& 94)/ 2/ Q4%#9#%4 Q2%7` K/$4.* ;#C O*%,)/& =4) HXXJ #/+ HXXH =26*+ 2/

\#3#4 Q2%7 58*)* %8* &%#%,& 4= %8* +*$*+*/% 5#& &%#%*+ #& .#))2*+` 1#&&14)% 4= %8* +*$*+*/%

&1*$2=72/E %8#% 8* 5#& .#))2*+ #/+ 82& )*&2+*/$* 5#& \#3#4 Q2%7F ;8* %)2#6 $4,)% ),6*+ %8#%

&8* =#26*+ %4 *&%#962&8 %8* 3#62+2%7 4= .#))2#E*0 #/+ *3*/ +*/2*+ 8*) 1*%2%24/F ;82& 5#& 6#%%*)

#11*#6*+ %4 %8* #11*66#%* $4,)%0 9,% 2% +*$2+*+ 2/ =#34) 4= 8*)*2/ )*&14/+*/%&F

K&&,*'A8*%8*) 4) /4% %8* %)2#6 #/+ #11*66#%* $4,)% 2& $4))*$% 4/ %8*2) ),62/E 4/ %8* 3#62+2%7

4= .#))2#E* 4= R/%4/2*%%# (#)$2# %4 O49*)%4 Q8,#F

O,62/E'

;8* ?,1)*.* Q4,)% 8*6+ %8#% %8* 645*) $4,)% #/+ %8* #11*66#%* $4,)% #)* $4))*$% 2/

846+2/E %8#% 1*%2%24/*) 8*)*2/ =#26*+ %4 *&%#962&8 %8* %),%8 4= 8*) #66*E#%24/ %8#% &8* 5#& %8*

6#5=,6 52=* 4= %8* +*$*+*/%F ;8* 9*&% *32+*/$* 2& # 3#62+ .#))2#E* $4/%)#$% 582$8 %8*

1*%2%24/*) =#26*+ %4 1)4+,$*F ;)#/&=*) Q*)%2=2$#%*& 4= ;2%6*0 O*&2+*/$* Q*)%2=2$#%*&0 1#&&14)%&

#/+ 4%8*) &2.26#) +4$,.*/%& $#//4% 1)43* .#))2#E* *&1*$2#667 &4 58*/ %8* 1*%2%24/*) 8#&

&,9.2%%*+ # $*)%2=2$#%24/ =)4. %8* U4$#6 Q2326 O*E2&%)#) $4/$*)/*+ %8#% %8* #66*E*+ .#))2#E*

5#& /4% )*E2&%*)*+ #/+ # 6*%%*) =)4. %8* @,+E* #66*E*+ %4 8#3* &46*./2-*+ %8* .#))2#E* %8#%

8* 8#& /4% &46*./2-*+ + #66*E*+ .#))2#E*F ;8* 645*) $4,)% $4))*$%67 +2&)*E#)+*+ %8*:84%4&%#% $417 4= %8* .#))2#E* $*)%2=2$#%* 582$8 &8* 1)*&*/%*+0 %82& 9*2/E # 3246#%24/ 4= %8*

9*&% *32+*/$* ),6*0 %4E*%8*) 52%8 4%8*) 54)%86*&& 12*$*& 4= *32+*/$*F R 3#62+0 4)2E2/#6

.#))2#E* $4/%)#$% 54,6+ 9* %8* 9*&% *32+*/$* %8#% %8* 1*%2%24/*) &84,6+ 8#3* 1)*&*/%*+F

"#26,)* %4 1)*&*/% 2% #& *32+*/$* 54,6+ .#B* %8* .#))2#E* +,924,&F


6/48

*GF?KI98 :V 4HG !H9I9FF9MG& %&' +/ 6M7 +6&45:D'*' (:' >=C=A- .GF4GEKG5 >,B >11A

"#$%&'

_/ T,/* [g0 HXfJ0 R/E*62/# PF Q#&%)4 #/+ S+52/ "F Q#)+*/#& 5*)* .#))2*+ 2/ # $2326

$*)*.4/7 1*)=4).*+ 97 T,+E* :#964 PF P#63#)0 Q2%7 Q4,)% T,+E* 4= :# Q2%7F ;8* .#))2#E*

5#& $*6*9)#%*+ 52%84,% %8* B/456*+E* 4= Q#&%)4D& 1#)*/%&F \*=*/+#/% Q#)+*/#& 1*)&4/#667

#%%*/+*+ %4 %8* 1)4$*&&2/E 4= %8* +4$,.*/%& )*L,2)*+ =4) %8* $*6*9)#%24/ 4= %8* .#))2#E*0

2/$6,+2/E %8* 1)4$,)*.*/% 4= %8* .#))2#E* 62$*/&*F K/ =#$%0 %8* .#))2#E* $4/%)#$% 2%&*6= &%#%*&

%8#% .#))2#E* 62$*/&* /4F cHXbHY[ 5#& 2&&,*+ 2/ %8* /#.* 4= %8* $4/%)#$%2/E 1#)%2*& 4/ T,/*

[g0 HXfJ 2/ :#&2E0 P*%)4 P#/26#F

;8* $4,16* +2+ /4% 2..*+2#%*67 623* %4E*%8*) #& 8,&9#/+ #/+ 52=* &2/$* %8*

.#))2#E* 5#& ,/B/45/ %4 Q#&%)4D& 1#)*/%&F ;8,&0 2% 5#& 4/67 2/ P#)$8 HXfH0 58*/ Q#&%)4

+2&$43*)*+ &8* 5#& 1)*E/#/%0 %8#% %8* $4,16* +*$2+*+ %4 623* %4E*%8*)F M45*3*)0 %8*2)

$48#92%#%24/ 6#&%*+ 4/67 =4) =4,) ]g^ .4/%8&F ;8*)*#=%*)0 %8* $4,16* 1#)%*+ 5#7&F _/ _$%49*)

HX0 HXfH0 Q#&%)4 E#3* 92)%8F ;8* 9#97 5#& #+41%*+ 97 Q#&%)4D& 9)4%8*)0 52%8 %8* $4/&*/% 4=

Q#)+*/#&F

K&&,*'A8*%8*) 4) /4% %8* +4$,.*/%#)7 #/+ %*&%2.4/2#6 *32+*/$*& 1)*&*/%*+ 97 1)23#%*

)*&14/+*/% #)* &,==2$2*/% %4 *&%#962&8 %8#% /4 .#))2#E* 62$*/&* 5#& 2&&,*+ 97 %8* Q2326

O*E2&%)#) 4= :#&2E 1)24) %4 %8* $*6*9)#%24/ 4= %8* .#))2#E* 4= 1)23#%* )*&14/+*/% %4 S+52/ "FQ#)+*/#&F

O,62/E';8* 6#5 1)432+*& %8#% /4 .#))2#E* &8#66 9* &46*./2-*+ 52%84,% # .#))2#E* 62$*/&*

=2)&% 2&&,*+ 97 # 64$#6 )*E2&%)#)F a*2/E 4/* 4= %8* *&&*/%2#6 )*L,2&2%*& 4= # 3#62+ .#))2#E*0

#9&*/$* %4 %8* 1#)%2*& 2& /4% #+*L,#%* %4 1)43* 2%& /4/N2&&,#/$*F ;8* #943* ),6* #,%84)2-*+

%8* $,&%4+2#/ 4= +4$,.*/%& %4 $*)%2=7 %8#% +*&12%* +262E*/% &*#)$80 # 1#)%2$,6#) +4$,.*/%

+4*& /4% *C2&% 2/ 82& 4==2$* 4) %8#% # 1#)%2$,6#) */%)7 4= # &1*$2=2*+ %*/4) 5#& /4% 9*2/E =4,/+

2/ # )*E2&%)#)F R& $,&%4+2#/& 4= 1,962$ +4$,.*/%&0 $2326 )*E2&%)#)& #)* 1,962$ 4==2$*)& $8#)E*+

52%8 %8* +,%70 2/%*) #62#0 4= .#2/%#2/2/E # )*E2&%*) 944B 58*)* %8*7 #)* )*L,2)*+ %4 */%*) #66

#1162$#%24/& =4) .#))2#E* 62$*/&*0 2/$6,+2/E %8* /#.*& 4= %8* #1162$#/%&0 %8* +#%* %8*

.#))2#E* 62$*/&* 5#& 2&&,*+ #/+ &,$8 4%8*) )*6*3#/% +#%#F;8* $*)%2=2$#%24/ 4= +,* &*#)$8 #/+ 2/#9262%7 %4 =2/+ 2&&,*+ 97 %8* $2326 )*E2&%)#) 4=

:#&2E */@47& 1)49#%23* 3#6,*0 8* 9*2/E %8* 4==2$*) $8#)E*+ ,/+*) %8* 6#5 %4 B**1 # )*$4)+ 4=

#66 +#%# )*6#%23* %4 %8* 2&&,#/$* 4= # .#))2#E* 62$*/&*F G/#$$4.1#/2*+ 97 #/7 $2)$,.&%#/$* 4=

&,&12$24/ #/+ 1,)&,#/% %4 ?*$%24/ [X0 O,6* Hc[ 4= %8* O,6*& 4= Q4,)%0 # $*)%2=2$#%* 4= +,*

&*#)$8 #/+ 2/#9262%7 %4 =2/+ &,==2$2*/%67 1)43*+ %8#% 82& 4==2$* +2+ /4% 2&&,* .#))2#E* 62$*/&*

/4F HcXbHY[ %4 %8* $4/%)#$%2/E 1#)%2*&F ;8*)* 9*2/E /4 .#))2#E* 62$*/&*0 %8* .#))2#E* 4=

R/E*62/# #/+ S+52/ 2& 342+ #9 2/2%24F

D65896 %&' *G89:D'*' (:' >CLC,, U84:KG5 ,B ,==>

"#$%&'

R)%2$6* [b` ;8* )*&14/+*/%0 O*+*)2$B O*$240 # "26212/4 5#& .#))2*+ %4 S+2%8#

?#.&4/0 #/ R,&%)#62#/ $2%2-*/0 2/ O2-#6 2/ HXYfF ;8*7 623*+ %4E*%8*) #& 8,&9#/+ #/+ 52=* 2/

R,&%)#62#F K/ HXYX0 %8* R,&%)#62#/ =#.267 $4,)% 2&&,*+ # +*$)** 4= +234)$* &,114&*+67

+2&&4632/E %8* .#))2#E*F K/ HXX[0 )*&14/+*/% #$L,2)*+ R,&%)#62#/ $2%2-*/&821F K/ HXXg0 8*

.#))2*+ ()#$* (#)$2#0 # "26212/#0 8*)*2/ 1*%2%24/*)0 2/ Q#9#/#%,#/ Q2%7F K/ %8*2) #1162$#%24/ =4)

.#))2#E* 62$*/&*0 )*&14/+*/% 5#& +*$6#)*+ #& >&2/E6*W #/+ >"26212/4FW ?2/$* _$%49*) HXXI0

%8*7 623*+ &*1#)#%*670 #/+ 2/ HXXb 5826* 2/ R,&%)#62#0 %8*2) $4/@,E#6 #&&*%& 5*)* +232+*+F

K/ HXXY0 1*%2%24/*) =26*+ Q4.16#2/% =4) \*$6#)#%24/ 4= j,662%7 4= P#))2#E* 4/ %8*

E)4,/+ 4= 92E#.70 $6#2.2/E %8#% &8* 6*#)/*+ 4= %8* )*&14/+*/%D& =4).*) .#))2#E* 4/67 2/

j43*.9*)F _/ %8* 4%8*) 8#/+0 )*&14/+*/% $6#2.& %8#% 8* %46+ 1*%2%24/*) 4= 82& 1)24)

.#))2#E* 2/ HXXc0 9*=4)* %8*7 5*)* .#))2*+F O*&14/+*/% #6&4 $4/%*/+*+ %8#% 82& =2)&%

.#))2#E* 5#& +2&&463*+ 97 # +234)$* # +*$)** 49%#2/*+ 2/ R,&%)#62# 2/ HXYX #/+ 8*/$*0 8* 5#&

6*E#667 $#1#$2%#%*+ %4 .#))7 1*%2%24/*) 2/ HXXgF ;8* %)2#6 $4,)% +*$6#)*+ %8#% %8* =2)&% .#))2#E*

5#& +2&&463*+ 4/ %8* E)4,/+ 4= %8* +234)$* 2&&,*+ 2/ R,&%)#62# #& 3#62+ #/+ )*$4E/2-*+ 2/ %8*

:8262112/*&F M*/$*0 %82& 1*%2%24/ 5#& =4)5#)+*+ 9*=4)* %8* ?,1)*.* Q4,)%F

K&&,*'

A8*%8*) 4) /4% )*&14/+*/% 8#& 6*E#6 $#1#$2%7 %4 .#))7 ()#$* (#)$2#F

O,62/E'

K/ .2C*+ .#))2#E*& 2/34632/E # "26212/4 #/+ # =4)*2E/*)0 R)%2$6* [b 4= %8* "#.267

Q4+* #6645& %8* =4).*) %4 $4/%)#$% # &,9&*L,*/% .#))2#E* 2/ $#&* %8* +234)$* 2& >3#62+67

49%#2/*+ #9)4#+ 97 %8* #62*/ &14,&* $#1#$2%#%2/E 82. 4) 8*) %4 )*.#))7FW R +234)$* 49%#2/*+

#9)4#+ 97 %54 #62*/&0 .#7 9* )*$4E/2-*+ 2/ %8* :8262112/*&0 1)432+*+ 2% 2& $4/&2&%*/% 52%8

%8*2) )*&1*$%23* 6#5&F ;8*)*=4)*0 9*=4)* 4,) $4,)%& $#/ )*$4E/2-* # =4)*2E/ +234)$*0 %8* 1#)%7

16*#+2/E 2% .,&% 1)43* %8* +234)$* #& # =#$% #/+ +*.4/&%)#%* 2%& $4/=4).2%7 %4 %8* =4)*2E/

6#5 #66452/E 2%FK/ %82& $#&*0 %8* +234)$* +*$)** 9*%5**/ %8* )*&14/+*/% #/+ ?#.&4/ #11*#)& %4 9*

#,%8*/%2$0 2&&,*+ 97 #/ R,&%)#62#/ =#.267 $4,)%F R6%84,E80 #11*#)#/$* 2& /4% &,==2$2*/%0 #/+

$4.162#/$* 52%8 %8* ),6*& 4/ *32+*/$* )*E#)+2/E #66*E*+ =4)*2E/ 6#5& .,&% 9* +*.4/&%)#%*+0

%8* +*$)** 5#& #+.2%%*+ 4/ #$$4,/% 4= 1*%2%24/*)D& =#26,)* %4 49@*$% 1)41*)67 9*$#,&* 8*

49@*$%*+ %4 %8* =#$% %8#% 2% 5#& /4% )*E2&%*)*+ 2/ %8* U4$#6 Q2326 O*E2&%)7 4= Q#9#/#%,#/ Q2%70

/4% %4 2%& #+.2&&29262%7FO*&14/+*/% $6#2.& %8#% %8* R,&%)#62#/ +234)$* +*$)**0 582$8 5#& 3#62+67 #+.2%%*+

#& *32+*/$*0 #+*L,#%*67 *&%#962&8*+ 82& 6*E#6 $#1#$2%7 %4 .#))7 ,/+*) R,&%)#62#/ 6#5F S3*/

#=%*) %8* +234)$* 9*$4.*& #9&46,%*0 %8* $4,)% .#7 ,/+*) &4.* =4)*2E/ &%#%,%*&0 &%266 )*&%)2$%

)*.#))2#E*F O*&14/+*/% #6&4 =#26*+ %4 1)4+,$* &,==2$2*/% *32+*/$* &8452/E %8* =4)*2E/ 6#5

E43*)/2/E 82& &%#%,&F ;4E*%8*) 52%8 4%8*) *32+*/$*& &,9.2%%*+0 %8*7 +4/D% #9&46,%*67

*&%#962&8 82& 6*E#6 $#1#$2%7 %4 )*.#))7F


7/48

!9I6F9I %&' WK6P-A .+*/ 20C

"#$%&'R)%2$6* [b` _/ ?*1%*.9*) f0 HXfX0 1*%2%24/*) K.*6+# :26#1260 # "26212/4 $2%2-*/0 #/+

1)23#%* )*&14/+*/% S)2$8 (*262/E0 # (*).#/ /#%24/#60 5*)* .#))2*+ 2/ %8* "*+*)#6 O*1,962$ 4=

(*).#/7F ;8* .#))2#E* &%#)%*+ #,&12$24,&67 */4,E80 #/+ %8* $4,16* 623*+ %4E*%8*) =4) &4.*

%2.* 2/ P#6#%*0 P#/26#F ;8*)*#=%*)0 .#)2%#6 +2&$4)+ &*% 2/0 =46645*+ 97 # &*1#)#%24/ +* =#$%4

9*%5**/ %8*.F R=%*) #94,% %8)** #/+ # 8#6= 7*#)& 4= .#))2#E*0 1)23#%* )*&14/+*/% 2/2%2#%2/E #

+234)$* 1)4$**+2/E #E#2/&% 1*%2%24/*) 2/ (*).#/7F M* $6#2.*+ %8#% %8*)* 5#& =#26,)* 4= %8*2)

.#))2#E* #/+ %8#% %8*7 8#+ 9**/ 6232/E #1#)% &2/$* R1)26 HXY[F _/ T#/,#)7 HI0 HXYb0

?$84/*9*)E U4$#6 Q4,)% 1)4.,6E#%*+ # +*$)** 4= +234)$* 4/ %8* E)4,/+ 4= =#26,)* 4= .#))2#E*

4= %8* &14,&*&F ;8* $,&%4+7 4= %8* $826+ 5#& E)#/%*+ %4 1*%2%24/*)F :*%2%24/*)0 4/ %8* 4%8*)

8#/+0 =26*+ #/ #$%24/ =4) 6*E#6 &*1#)#%24/0 &,114)% #/+ &*1#)#%24/ 4= 1)41*)%7 9*=4)* %8*

O*E24/#6 ;)2#6 Q4,)% 4= P#/26# 4/ T#/,#)7 [c0 HXYcF P4)* %8#/ =23* .4/%8& #=%*) %8* 2&&,#/$* 4= %8* +234)$* +*$)**0 1)23#%* )*&14/+*/%

=26*+ %54 $4.16#2/%& =4) #+,6%*)7 9*=4)* %8* Q2%7 "2&$#6 4= P#/26# #66*E2/E %8#%0 5826* &%266

.#))2*+ %4 + )*&14/+*/%0 1*%2%24/*) h8#+ #/ #==#2) 52%8 # $*)%#2/ A2662#. Q82# #& *#)67 #&

HXY[ #/+ 52%8 7*% #/4%8*) .#/ /#.*+ T#.*& Q8,# &4.*%2.* 2/ HXYchF _/ _$%49*) [f0

HXYf0 1*%2%24/*) =26*+ %82& &1*$2#6 $2326 #$%24/ =4) $*)%24)#)2 #/+ 1)48292%24/0 52%8 # 1)#7*) =4) #

%*.14)#)7 )*&%)#2/2/E 4)+*)0 &**B2/E %8* #//,6.*/% 4= %8* 4)+*) 4= %8* 645*) $4,)% +*/72/E

8*) .4%24/ %4 L,#&8F

K&&,*'A8*%8*) 4) /4% %8* $)2.2/#6 $#&*& =26*+ 97 %8* (*).#/ *CN&14,&* .#7 1)4&1*)F

O,62/E'G/+*) R)%2$6* cgg 4= %8* O*32&*+ :*/#6 Q4+*0 %8* $)2.* 4= #+,6%*)7 $#//4% 9*

1)4&*$,%*+ *C$*1% ,14/ # &54)/ 5)2%%*/ $4.16#2/% =26*+ 97 %8* 4==*/+*+ &14,&*F Q4)466#)7 %4

&,$8 *C$6,&23* E)#/% 4= 145*) %4 %8* 4==*/+*+ &14,&* %4 2/&%2%,%* %8* #$%24/0 2% /*$*&)267

=46645& %8#% &,$8 2/2%2#%4) .,&% 8#3* %8* &%#%,&0 $#1#$2%7 4) 6*E#6 )*1)*&*/%#%24/ %4 +4 &4 #%

%8* %2.* 4= %8* =262/E 4= %8* $)2.2/#6 #$%24/F M*/$*0 R)%2$6* cgg 4= %8* O*32&*+ :*/#6 Q4+* %8,&

1)*&,114&*& %8#% %8* .#)2%#6 )*6#%24/&821 2& &%266 &,9&2&%2/E #% %8* %2.* 4= %8* 2/&%2%,%24/ 4= %8*

$)2.2/#6 #$%24/ =4) #+,6%*)7FK/ %8* 1)*&*/% $#&*0 %8* =#$% %8#% 1)23#%* )*&14/+*/% 49%#2/*+ # 3#62+ +234)$* 2/ 82&

$4,/%)70 %8* "*+*)#6 O*1,962$ 4= (*).#/70 2& #+.2%%*+F ?#2+ +234)$* #/+ 2%& 6*E#6 *==*$%& .#7

9* )*$4E/2-*+ 2/ %8* :8262112/*& 2/&4=#) #& 1)23#%* )*&14/+*/% 2& $4/$*)/*+ 2/ 32*5 4= %8*

/#%24/#62%7 1)2/$216* 2/ 4,) $2326 6#5 4/ %8* .#%%*) 4= &%#%,& 4= 1*)&4/&F :)23#%* )*&14/+*/%0

9*2/E /4 64/E*) %8* 8,&9#/+ 4= 1*%2%24/*)0 8#+ /4 6*E#6 &%#/+2/E %4 $4..*/$* %8* #+,6%*)7

$#&* ,/+*) %8* 2.14&%,)* %8#% 8* 5#& %8* 4==*/+*+ &14,&* #% %8* %2.* 8* =26*+ &,2%F

N6M S:5M %&' *:E9II: R5'>C1 .+*/ >C1

"#$%&'

R62$* O*7*&0 # "26212/#0 .#))2*+ O2$8#)+ G1%4/0 #/ R.*)2$#/0 2/ M4/EB4/E 2/ HXf[F

;8*7 *&%#962&8*+ )*&2+*/$* 2/ %8* :8262112/*& #/+ 8#+ %54 $826+)*/F K/ HXY[0 %8* 52=* &,*+ =4)

+234)$* 2/ j*3#+#0 GF?FRF0 4/ %8* E)4,/+ 4= 2/$4.1#%29262%7F ?8* 6#%*) .#))2*+ ;8*4+4)* e#/

\4)/ 2/ j*3#+# 2/ HXYcF G1%4/ &,*+ 8*) 9*=4)* O;Q0 a)#/$8 Uke 2/ :# Q2%7 #&B2/E %8#% &8*

9* 4)+*)*+ %4 )*/+*) #/ #$$4,/%2/E 4= 8*) 9,&2/*&&0 582$8 G1%4/ #66*E*+ %4 9* $4/@,E#6

1)41*)%7F M* #6&4 1)#7*+ %8#% 8* 9* +*$6#)*+ 52%8 # )2E8% %4 .#/#E* %8* $4/@,E#6 1)41*)%7F

;8* +*=*/+#/% 52=* .43*+ %4 +2&.2&& %8* $4.16#2/% 4/ %8* E)4,/+ %8#% %8* $#,&* 4= #$%24/

5#& 9#))*+ 97 # 1)*324,& @,+E.*/% 2/ %8* +234)$* 1)4$**+2/E& 58*)*2/ 8* 8#+ #$B/456*+E*+

%8#% %8* $4,16* 8#+ /4 >$4..,/2%7 1)41*)%7WF

K&&,*'

A8*%8*) 4) /4% #9&46,%* +234)$* +*$)** E)#/%*+ 97 GF?F $4,)%0 9*%5**/ "26212/#

52=* #/+ R.*)2$#/ 8,&9#/+ 8*6+ 92/+2/E ,14/ %8* 6#%%*)F

O,62/E'

;8* 1234%#6 =#$% 2/ %82& $#&* 2& %8* j*3#+# \234)$* 4= %8* 1#)%2*&F ;8*)* $#/ 9* /4

L,*&%24/ #& %4 %8* 3#62+2%7 4= %8#% j*3#+# +234)$* 2/ #/7 &%#%*& 4= %8* GF?F ;8* +*$)** 2&92/+2/E 4/ G1%4/ #& #/ R.*)2$#/ $2%2-*/F M*/$*0 8* $#//4% &,* 1*%2%24/*)0 #& 8*) 8,&9#/+0 2/

#/7 &%#%* 4= %8* G/2%*+ ?%#%*&F K% 2& %),* %8#% 452/E %4 %8* /#%24/#62%7 1)2/$216* ,/+*) #)%2$6*

HI 4= %8* $2326 $4+*0 4/67 :8262112/* /#%24/#6& #)* $43*)*+ 97 %8* 1462$7 #E#2/&% #9&46,%*

+234)$* #9)4#+0 582$8 .#7 9* )*$4E/2-*+ 2/ %8* :8262112/*&0 1)432+*+ %8*7 #)* 3#62+

#$$4)+2/E %4 %8*2) /#%24/#6 6#5F K/ %82& $#&*0 %8* +234)$* 2/ j*3#+# )*6*#&*+ G1%4/ =)4. %8*

.#))2#E* =)4. %8* &%#/+#)+& 4= R.*)2$#/ 6#5F ;8,&0 1,)&,#/% %4 82& /#%24/#6 6#50 8* 2& /4

64/E*) %8* 8,&9#/+ 4= %8* 1*%2%24/*)F M* 54,6+ 8#3* /4 &%#/+2/E %4 &,* 2/ %8* $#&* #&

1*%2%24/*) 8,&9#/+ */%2%6*+ %4 *C*)$2&* $4/%)46 43*) $4/@,E#6 #&&*%&F M* 2& #6&4 *&%411*+ 97

82& 45/ )*1)*&*/%#%24/ 9*=4)* %8* j*3#+# $4,)% =)4. #&&*)%2/E 82& )2E8% 43*) %8* #66*E*+

$4/@,E#6 1)41*)%7F M* &84,6+ /4% $4/%2/,* %4 9* 4/* 4= 8*) 8*2)& 52%8 14&&296* )2E8%& %4

$4/@,E#6 1)41*)%7F


8/48

*GF?KI98 %&' U5KG897:

A-, .+*/ >>A

"#$%&'

Q21)2#/4 _)9*$2+4 KKK #/+ U#+7 P7)4& PF e266#/,*3# 5*)* .#))2*+ 52%8 %54

$826+)*/F U#+7 P7)4& %8* 6*=% =4) %8* G/2%*+ ?%#%*& 52%8 4/* &4/ #/+ H&% 9*$#.* # /#%,)#62-*+

R.*)2$#/ $2%2-*/0 [/+ 49%#2/*+ # 3#62+ +234)$* +*$)** 2/ [JJJ $#1#$2%#%2/E 8*) %4 )*.#))70

#/+ c)+ $4/%)#$%*+ # .#))2#E* 52%8 K//4$*/% ?%#/6*70 #/ R.*)2$#/F

Q21)2#/4 %8*/ =26*+ # 1*%2%24/ =4) #,%84)2%7 %4 )*.#))7 ,/+*) R)%2$6* [b][^ 4= %8*"#.267 Q4+* ;8* _==2$* 4= %8* ?462$2%4) (*/*)#6 $4/%*/+& %8#% %8* 2/34B*+ #)%2$6* 5#& /4%

#1162$#96* #/+ )#2&*& %82& 1,)* L,*&%24/ 4= 6#50 %8*7 =,)%8*) 14&2% %8#% _)9*$2+4 &84,6+ =26*

=4) U*E#6 ?*1#)#%24/ 4) R//,6.*/% 2/&%*#+F

K&&,*'

A8*%8*) 4) /4% _)9*$2+4 $#/ )*.#))7 ,/+*) R)%2$6* [b][^F

O,62/E'

lS?F R)%2$6* [b][^ &84,6+ 9* 2/%*)1)*%*+ %4 #6645 # "26212/4 $2%2-*/0 584 8#& 9**/

+234)$*+ 97 # &14,&* 584 8#+ #$L,2)*+ =4)*2E/ $2%2-*/&821 #/+ )*.#))2*+0 #6&4 %4 )*.#))7F ;4

),6* 4%8*)52&* 54,6+ 9* %4 (+-./0#- +1(2,30/4 +-3 0-52(/0."F

"4) %8* #1162$#%24/ 4= R)%2$6* [b][^0 %8*)* .,&% 8#3* 9**/ ]H^ # 3#62+ .#))2#E*

$*6*9)#%*+ 9*%5**/ # "26212/4 #/+ # =4)*2E/*)0 #/+ %8#% ][^ # 3#62+ +234)$* +*$)** 2& 49%#2/*+

97 %8* #62*/ &14,&* $#1#$2%#%2/E 8*) %4 )*.#))7F

a*=4)* # =4)*2E/ +234)$* +*$)** $#/ 9* )*$4E/2-*+ 97 4,) 45/ $4,)%&0 %8* =466452/E

.,&% 9* 1)43*/' ]H^ +234)$* #& # =#$%0 ][^ =4)*2E/ 6#50 ]c^ +234)$* +*$)** $#1#$2%#%*+ 4/* %4

)*.#))7F

;8* )*$B4/2/E 142/% 2& /4% %8* $2%2-*/&821 4= %8* 1#)%2*& #% %8* %2.* 4= %8*

$*6*9)#%24/ 4= %8* .#))2#E*0 9,% %8*2) .0/06"-(70$ +/ /7" /08" + '+%03 30'#,." 0( #1/+0-"3 14 /7"

+%0"- ($#2("F

R//,6.*/% 4) U*E#6 ?*1#)#%24/ /**+ /4% 9* %8* 1)41*) )*.*+2*& =4) &,$8 54,6+ 9*

2/ %8* $#&* 4= %8* =4).*)0 64/E0 %*+24,&0 #/+ 2/=*#&296*0 #/+ 2/ %8* $#&* 4= %8* 6#%%*)0 2& =,%26*

%4 &*3*) .#)2%#6 %2*&F

(9T6I %&' J6P67:@C,L .+*/ >,,

"#$%&':*12%4 j2V#6 5#& .#))2*+ %4 ;*4+,6=# a*664/*& 4/ ?*1%*.9*) [b0 HXfgF _,% 4= %8*2)

.#))2#E* 5*)* 94)/ 8*)*2/ 1*%2%24/*)&F :*12%4 )*&,6%2/E %4 8*) +*#%8 4/ R1)26 [g0 HXYI &84%

;*4+,6=#F _/* 7*#) #/+ Y .4/%8& %8*)*#=%*) 4) 4/ \*$*.9*) [g0 HXYb0 :*12%4 #/+

)*&14/+*/% j4).# a#7#+4E E4% .#))2*+ 52%84,% #/7 .#))2#E* 62$*/&*F K/ 62*, %8*)*4=0 :*12%4

#/+ j4).# *C*$,%*+ #/ #==2+#32% +#%*+ \*$*.9*) HH0 HXYb &%#%2/E %8#% %8*7 8#+ 623*+

%4E*%8*) #& 8,&9#/+ #/+ 52=* =4) #% 6*#&% I 7*#)& #/+ 5*)* %8,& *C*.1% =)4. &*$,)2/E #.#))2#E* 62$*/&*F

R=%*) :*12%4D& +*#%8 4/ "*9),#)7 HX0 HXXf0 1*%2%24/*)& =26*+ # 1*%2%24/ =4)

+*$6#)#%24/ 4= /,662%7 4= %8* .#))2#E* 4= :*12%4 #/+ j4).# #66*E2/E %8#% %8* + .#))2#E*

5#& 342+ =4) 6#$B 4= # .#))2#E* 62$*/&*F

K&&,*XA8#% /#%,)* 4= $48#92%#%24/ 2& $4/%*.16#%*+ ,/+*) R)%2$6* fb 4= %8* Q2326 Q4+*

]/45 R)%2$6* cg 4= %8* "#.267 Q4+*^ %4 5#))#/% %8* $4,/%2/E 4= %8* IN7*#) 1*)24+ 2/ 4)+*) %4

*C*.1% %8* =,%,)* &14,&*& =)4. &*$,)2/E # .#))2#E* 62$*/&*F

O,62/E'

;8* IN7*#) $4..4/ 6#5 $48#92%#%24/ 1*)24+0 582$8 2& $4,/%*+ 9#$B =)4. %8* +#%*4= $*6*9)#%24/ 4= .#))2#E*0 &84,6+ 9* # 1*)24+ 4= 6*E#6 ,/24/ 8#+ 2% /4% 9**/ =4) %8* #9&*/$*

4= %8* .#))2#E*F ;82& IN7*#) 1*)24+ &84,6+ 9* %8* 7*#)& 2..*+2#%*67 9*=4)* %8* +#7 4= %8*

.#))2#E* #/+ 2% &84,6+ 9* # 1*)24+ 4= $48#92%#%24/ $8#)#$%*)2-*+ 97 *C$6,&232%7N.*#/2/E /4

%82)+ 1#)%7 5#& 2/3463*+ #% #/7 %2.* 52%82/ %8* I 7*#)& #/+ $4/%2/,2%7 2& ,/9)4B*/F

R/7 .#))2#E* &,9&*L,*/%67 $4/%)#$%*+ +,)2/E %8* 62=*%2.* 4= %8* =2)&% &14,&* &8#66

9* 266*E#6 #/+ 342+0 &,9@*$% 4/67 %4 %8* *C$*1%24/ 2/ $#&*& 4= #9&*/$* 4) 58*)* %8* 1)24)

.#))2#E* 5#& +2&&463*+ 4) #//,66*+FK/ %82& $#&*0 #% %8* %2.* :*12%4 #/+ )*&14/+*/%D& .#))2#E*0 2% $#//4% 9* + %8#%

%8*7 8#3* 623*+ 52%8 *#$8 4%8*) #& 8,&9#/+ #/+ 52=* =4) #% 6*#&% I 7*#)& 1)24) %4 %8*2)

5*++2/E +#7F ")4. %8* %2.* :*12%4D& =2)&% .#))2#E* 5#& +2&&463*+ %4 %8* %2.* 4= 82& .#))2#E*

52%8 )*&14/+*/%0 4/67 #94,% [J .4/%8& 8#+ *6#1&*+F :*12%4 8#+ # &,9&2&%2/E .#))2#E* #% %8*

%2.* 58*/ 8* &%#)%*+ $48#92%2/E 52%8 )*&14/+*/%F K% 2& 2..#%*)2#6 %8#% 58*/ %8*7 623*+ 52%8

*#$8 4%8*)0 :*12%4 8#+ #6)*#+7 9**/ &*1#)#%*+ 2/ =#$% =)4. 82& 6#5=,6 &14,&*F;8* &,9&2&%*/$* 4= %8* .#))2#E* *3*/ 58*)* %8*)* 2& 5#& #$%,#6 &*3*)#/$* 4= %8*

=262#6 $4.1#/24/&821 9*%5**/ %8* &14,&*& $#//4% .#B* #/7 $48#92%#%24/ 97 *2%8*) &14,&*

52%8 #/7 %82)+ 1#)%7 #& 9*2/E 4/* #& >8,&9#/+ #/+ 52=*WFM#32/E +*%*).2/*+ %8#% %8* &*$4/+ .#))2#E* 2/3463* 2/ %82& $#&* 2& /4% $43*)*+ 97

%8* *C$*1%24/ %4 %8* )*L,2)*.*/% 4= # .#))2#E* 62$*/&*0 2% 2& 342+ #9 2/2%24 9*$#,&* 4= %8*

#9&*/$* 4= &,$8 *6*.*/%F


9/48

;6MO6M: %&' .6M8HGO/';' (:' ;"R

"#$%&'Q4.16#2/#/% #3*)& %8#% &8* 5#& %8* 6#5=,6 52=* 4= %8* 6#%* \#32+ P#/-#/40 8#32/E

9**/ .#))2*+ %4 82. 2/ ?#/ (#9)2*6 R)$8#/E*6 :#)2&80 R)#/*%# R3*/,*0 Q#644$#/ Q2%7F "4,)

$826+)*/ 5*)* 94)/ 4,% 4= %8#% .#))2#E*F M45*3*)0 8*) 8,&9#/+ $4/%)#$%*+ #/4%8*) .#))2#E*

52%8 4/* U,-32.2/+# :#7#4 9*=4)* )*&14/+*/% T,+E*F A8*/ )*&14/+*/% T,+E* &46*./2-*+

+ .#))2#E*0 8* B/*5 4) 4,E8% %4 B/45 %8#% %8* .* 5#& 342+ #/+ 92E#.4,&0 #& %8*

.#))2#E* $4/%)#$% $6*#)67 &%#%*+ %8#% 94%8 $4/%)#$%2/E 1#)%2*& 5*)* h&*1#)#%*+Fh O*&14/+*/% T,+E*0 4/ %8* 4%8*) 8#/+0 $6#2.& %8#% 58*/ 8* 4==2$2#%*+ %8* .#))2#E*

9*%5**/ P#/-#/4 #/+ :#7#4 8* +2+ /4% B/45 %8#% P#/-#/4 5#& 6*E#667 .#))2*+F A8#% 8*

B/*5 5#& %8#% %8* %54 8#+ 9**/ 6232/E %4E*%8*) #& 8,&9#/+ #/+ 52=* =4) &*3*/ 7*#)& #6)*#+7

52%84,% %8* 9*/*=2% 4= .#))2#E*0 #& .#/2=*&%*+ 2/ %8*2) @42/% #==2+#32%F R$$4)+2/E %4 82.0 8#+

8* B/45/ %8#% %8* 6#%* P#/-#/4 5#& .#))2*+0 8* 54,6+ 8#3* #+32&*+ %8* 6#%%*) /4% %4 .#))7

#E#2/` 4%8*)52&*0 8* ]P#/-#/4^ $4,6+ 9* $8#)E*+ 52%8 92E#.7F M* %8*/ 1)#7*+ %8#% %8*

$4.16#2/% 9* +2&.2&&*+ =4) 6#$B 4= .*)2% #/+ =4) 9*2/E +*&2E/*+ .*)*67 %4 8#)#&& 82.F R=%*) #/ *3#6,#%24/ 4= %8* Q4.16#2/% #/+ %8* Q4..*/%0 %8* Q4,)% R+.2/2&%)#%4)

)*$4..*/+*+ %8#% )*&14/+*/% T,+E* 9* =4,/+ E,26%7 4= E)4&& 2E/4)#/$* 4= %8* 6#5 #/+ 9*

4)+*)*+ %4 1#7 # =2/* 4= :[0JJJ0 52%8 # 5#)/2/E %8#% # )*1*%2%24/ 4= %8* .* 4) &2.26#) #$%

54,6+ 9* +*#6% 52%8 .4)* &*3*)*67F

K&&,*&'H^ A8*%8*) 4) /4% $4/3#62+#%24/ 4= %8* &*$4/+ ,/24/ 4= %8* )*&14/+*/% =#66& ,/+*)

%8* 1,)32*5 4= R)%2$6* cg 4= %8* "#.267 Q4+*F[^ A8*%8*) 4) /4% O*&14/+*/% T,+E* 2& E,26%7 4= E)4&& 2E/4)#/$* 4= %8* 6#5F

O,62/E'"4) %82& 1)432&24/ 4/ 6*E#6 )#%2=2$#%24/ 4= .#)2%#6 $48#92%#%24/ %4 #11670 %8* =466452/E

)*L,2&2%*& .,&% $4/$,)'!"97" 8+- +-3 :#8+- 82(/ 7+'" 1""- %0'0-; /#;"/7", +( 72(1+-3 +-3 :0".2/" +- +


10/48

;65964G@?9 %&' +/D'*' (:' )11,

"#$%&'U,14 P#)2#%*E,2 $4/%)#$%*+ %8)** .#))2#E*& +,)2/E 82& 62=*%2.*F _/ 82& =2)&% 52=*0

S,&*92# P4/%*66#/40 584 +2*+ 4/ j43*.9*) Y0 HXJg0 8* 9*E4% =4,) $826+)*/0 a#6+4.*)#0

P#)2# +*6 O4)240 G)9#/# #/+ K)*/*4F A2%8 82& &*$4/+ 52=*0 "6#32#/# P4/%*66#/40 8* 9*E4% #

+#,E8%*) /#.*+ Q)*&*/$2#/#F R/+ 82& %82)+ 52=*0 "*621# e*6#&$40 8* 9*E4% %8)** $826+)*/0

/#.*67 T#$2/%40 T,62#/ #/+ :#,62/#FR% %8* %2.* 4= U,14D& +*#%8 8* 6*=% $*)%#2/ 1)41*)%2*& 52%8 582$8 8* #$L,2)*+ 58*/

8* 5#& &%266 ,/.#))2*+F U,14 +2*+ 52%84,% # 5266F G14/ 82& +*#%80 +*&$*/+#/%& =)4. 82& =2)&%

#/+ &*$4/+ .#))2#E*& *C*$,%*+ # +**+ 4= *C%)#@,+2$2#6 1#)%2%24/ 4/ U4% j4F HbcF M45*3*)0

%8* $826+)*/ 4/ U,14D& %82)+ .#))2#E* =26*+ 52%8 %8* 645*) $4,)% #/ #.*/+*+ $4.16#2/%

$6#2.2/E %8#% %8*7 5*)* +*1)23* 4/ %8* 1#)%2%24/ 4= U4% j4F Hbc 582$8 5*)* 45/*+ 97 %8*2)

$4..4/ =#%8*)F ;8* 1*%2%24/*)&0 $826+)*/ 4/ =2)&% #/+ &*$4/+ .#))2#E*0 =26*+ # $4,/%*)$6#2.

%4 +2&.2&& %8* + $4.16#2/%F ;)2#6 $4,)% +*/2*+ %8* .4%24/ %4 +2&.2&& #/+ #6&4 %8* $4.16#2/%

97 %8* )*&14/+*/%&0 $826+)*/ 4/ %82)+ .#))2#E*F O*&14/+*/%& *6*3#%*+ %8* $#&* 4/ QR 4/ %8* E)4,/+ %8#% %8* %)2#6 $4,)% $4..2%%*+

#/ *))4) =4) /4% =2/+2/E %8* %82)+ .#))2#E* %4 9* 6#5=,667 .#))2*+ #/+ #6&4 2/ 846+2/E

)*&14/+*/%& #)* /4% 6*E2%2.#%* $826+)*/ 4= %8*2) + 1#)*/%&F QR )*/+*)*+ # +*$2&24/

+*$6#)2/E #66 %8* $826+)*/ #/+ +*&$*/+#/%& 4= U,140 2/$6,+2/E %8* )*&14/+*/%&0 #)* */%2%6*+ %4*L,#6 &8#)*& 4= *&%#%* 4= %8*2) =#%8*)F M45*3*)0 1*%2%24/*)& =26*+ # .4%24/ =4) )*$4/&2+*)#%24/

4= + +*$2&24/F

K&&,*'A8*%8*) 4) /4% )*&14/+*/%& 5*)* #96* %4 1)43* %8*2) &,$$*&&24/ )2E8%& 43*) %8*

+ *&%#%*F

O,62/E'A2%8 )*&1*$% %4 %8* 6*E#6 9#&2& 4= 1)23#%* )*&14/+*/%&d +*.#/+ =4) 1#)%2%24/ 4= %8*

*&%#%* 4= U,14 P#)2#%*E,20 %8* Q4,)% 4= R11*#6& #1%67 8*6+ %8#% %8* 1)23#%* )*&14/+*/%& #)*

6*E2%2.#%* $826+)*/ 4= %8* +*$*#&*+F

U,14 P#)2#%*E,2 #/+ "*621# e*6#&$4 5*)* #66*E*+ %4 8#3* 9**/ 6#5=,667 .#))2*+ 2/

4) #94,% HXcJF ;82& =#$% 2& 9#&*+ 4/ %8* +*$6#)#%24/ $4..,/2$#%*+ 97 U,14 P#)2#%*E,2 %4

T#$2/%4 584 %*&%2=2*+ %8#% h58*/ 82& =#%8*) 5#& &%266 6232/E0 8* 5#& #96* %4 .*/%24/ %4 82. %8#%

8* #/+ 82& .4%8*) 5*)* #96* %4 E*% .#))2*+ 9*=4)* # T,&%2$* 4= %8* :*#$* 4= ;#E,2E0 O2-#6Fh

;8* &14,&*& +*14)%*+ %8*.&*63*& #& 8,&9#/+ #/+ 52=*0 #/+ 5*)* B/45/ 2/ %8* $4..,/2%7

%4 9* &,$8F R6%84,E8 /4 .#))2#E* $*)%2=2$#%* 5#& 2/%)4+,$*+ %4 %82& *==*$%0 /4 *32+*/$* 5#&

62B*52&* 4==*)*+ %4 $4/%)43*)% %8*&* =#$%&F P4)*43*)0 %8* .*)* =#$% %8#% /4 )*$4)+ 4= %8*

.#))2#E* *C2&%& +4*& /4% 2/3#62+#%* %8* .#))2#E*0 1)432+*+ #66 )*L,2&2%*& =4) 2%& 3#62+2%7 #)*

1)*&*/%F

G/+*) %8*&* $2)$,.&%#/$*&0 # .#))2#E* .#7 9* 1)*&,.*+ %4 8#3* %#B*/ 16#$*

9*%5**/ U,14 #/+ "*621#F ;8* 6#5& 1)*&,.* %8#% # .#/ #/+ # 54.#/0 +*14)%2/E %8*.&*63*&

#& 8,&9#/+ #/+ 52=*0 8#3* */%*)*+ 2/%4 # 6#5=,6 $4/%)#$% 4= .#))2#E*` %8#% # $826+ 94)/ 2/

6#5=,6 5*+64$B0 %8*)* 9*2/E /4 +234)$*0 #9&46,%* 4) =)4. 9*+ #/+ 94#)+ 2& 6*E2%2.#%*` #/+

%8#% %82/E& 8#3* 8#11*/*+ #$$4)+2/E %4 %8* 4)+2/#)7 $4,)&* 4= /#%,)* #/+ %8* 4)+2/#)78#92%& 4= 62=*F

S:E9M@: %&' +/,,2 .+*/ 0-,

"#$%&'\*62# \4.2/E40 1)23#%* )*&14/+*/%0 =26*+ # 1*%2%24/ 9*=4)* O;Q 4= :#&2E =4) %8*

+*$6#)#%24/ 4= /,662%7 4= .#))2#E* #/+ &*1#)#%24/ 4= 1)41*)%7 #E#2/&% O49*)%4 \4.2/E40

1*%2%24/*)F ?8* #66*E*+ %8#% %8*7 5*)* .#))2*+ #% Q#).4/#0 Q#32%* 52%8 *32+*/$*& 4=.#))2#E* $*)%2=2$#%* #/+ .#))2#E* 62$*/&*0 ,/B/45/ %4 8*)0 1*%2%24/*) 8#+ # 1)*324,&

.#))2#E* 52%8 S.*)62/# +*6# :#- 582$8 2& &%266 3#62+ #/+ *C2&%2/EF ?8* $#.* %4 B/45 %8* 1)24)

.#))2#E* 58*/ S.*)62/# &,*+ %8*. =4) 92E#.7F ?8* 1)#7& %8#% %8*2) .#))2#E* 9* +*$6#)*+

/,66 #/+ 342+ #/+0 #& # $4/&*L,*/$*0 %4 +*$6#)* %8#% &8* 2& %8* *C$6,&23* 45/*) 4= #66

1)41*)%2*& &8* #$L,2)*+ +,)2/E %8* .#))2#E* #/+ %4 )*$43*) %8*. =)4. 82.F O49*)%4 .43*+ %4 +2&.2&& %8* 1*%2%24/ 4/ %8* E)4,/+ %8#% %8* .#))2#E* 9*2/E 342+

#9 2/2%240 %8* 1*%2%24/ 4= +*$6#)#%24/ 4= /,662%7 2& ,//*$*&)7F K% #++*+ %8#% 1)23#%*

)*&14/+*/% 8#& /4 1)41*)%7 582$8 2/ 82& 14&&*&&24/F

K&&,*'A8*%8*) 4) /4% )*&14/+*/% .#7 $6#2. =4) %8* +*$6#)#%24/ 4= /,662%7 4= .#))2#E* #/+

&*1#)#%24/ 4= 1)41*)%7 #E#2/&% 1*%2%24/*) 4/ %8* E)4,/+ 4= 92E#.7F

O,62/E';8*)* 2& /4 L,*&%24/ %8#% %8* .#))2#E* 4= 1*%2%24/*) #/+ 1)23#%* )*&14/+*/%

$*6*9)#%*+ 5826* %8* =4).*)d& 1)*324,& .#))2#E* 52%8 4/* S.*)62/# +* 6# :#- 5#& &%266

&,9&2&%2/E 2& 92E#.4,&F R& &,$80 2% 2& =)4. %8* 9*E2//2/EF :*%2%24/*) 82.&*6= +4*& /4% +2&1,%*

%8* #9&46,%* /,662%7 4= %8*2) .#))2#E*F ;8* Q4,)% 8#+ ),6*+ %8#% /4 @,+2$2#6 +*$)** 2& /*$*&)7

%4 *&%#962&8 %8* 2/3#62+2%7 4= # 342+0 92E#.4,& .#))2#E*F

;8* "#.267 Q4+* 8#& $6*#)67 1)432+*+ %8* *==*$%& 4= %8* +*$6#)#%24/ 4= /,662%7 4=

.#))2#E*0 4/* 4= 582$8 2& %8* &*1#)#%24/ 4= 1)41*)%7 #$$4)+2/E %4 %8* )*E2.* 4= 1)41*)%7

)*6#%24/& E43*)/2/E %8*.F K% &%#/+& %4 )*#&4/ %8#% %8* 645*) $4,)% 9*=4)* 584. %8* 2&&,* 4=

/,662%7 4= # =2)&% .#))2#E* 2& 9)4,E8% 2& 62B*52&* $64%8*+ 52%8 @,)2&+2$%24/ %4 +*$2+* %8*

2/$2+*/%#6 L,*&%24/& )*E#)+2/E %8* $4,16*d& 1)41*)%2*&F


11/48

(9T6I %&' J6P67:@

C,L .+*/ >,,

"#$%&'

@+8"F R)%2$6* cI

K&&,*'

A8*%8*) 4) /4% %8* &*$4/+ .#))2#E* 4= 16#2/%2==&d +*$*#&*+ =#%8*) 52%8 +*=*/+#/%

2& /,66 #/+ 342+ +1 0-0/0#F

O,62/E'

R/7 .#))2#E* &,9&*L,*/%67 $4/%)#$%*+ +,)2/E %8* 62=*%2.* 4= %8* =2)&% &14,&* &8#66

9* 266*E#6 #/+ 342+0 &,9@*$% 4/67 %4 %8* *C$*1%24/ 2/ $#&*& 4= #9&*/$* 4) 58*)* %8* 1)24)

.#))2#E* 5#& +2&&463*+ 4) #//,66*+F ;8* &,9&2&%*/$* 4= %8* .#))2#E* *3*/ 58*)* %8*)* 2& 5#&

#$%,#6 &*3*)#/$* 4= %8* =262#6 $4.1#/24/&821 9*%5**/ %8* &14,&*& $#//4% .#B* #/7

$48#92%#%24/ 97 *2%8*) &14,&* 52%8 #/7 %82)+ 1#)%7 #& 9*2/E 4/* #& >8,&9#/+ #/+ 52=*WFM#32/E +*%*).2/*+ %8#% %8* &*$4/+ .#))2#E* 2/3463* 2/ %82& $#&* 2& /4% $43*)*+ 97

%8* *C$*1%24/ %4 %8* )*L,2)*.*/% 4= # .#))2#E* 62$*/&*0 2% 2& 342+ #9 2/2%24 9*$#,&* 4= %8*

#9&*/$* 4= &,$8 *6*.*/%F

*GF?KI98 %&' +/ 6M7 ;:I9M6YGK5?65P >CB >11-

"#$%&'_/ R1)26 Hg0 HXYI0 16#2/%2== O4)2+*6 _F P462/# .#))2*+ O*7/#6+4 P462/# 582$8 ,/24/

94)* # &4/F R=%*) # 7*#) 4= .#))2#E*0 O*7/#6+4 &845*+ &2E/& 4= h2..#%,)2%7 #/+2))*&14/&29262%7h #& # 8,&9#/+ #/+ # =#%8*) #& 8* 1)*=*))*+ %4 &1*/+ .4)* %2.* 52%8 82& 1**)&

#/+ =)2*/+&0 +*1*/+*+ 4/ 82& 1#)*/%& =4) #2+ #/+ #&&2&%#/$*0 #/+ 5#& /*3*) 84/*&% 52%8 82&

52=* 2/ )*E#)+ %4 %8*2) =2/#/$*&0 )*&,6%2/E 2/ =)*L,*/% L,#))*6& 9*%5**/ %8*.F ;8* O;Q

E)#/%*+ O4)2+*6 1*%2%24/ =4) +*$6#)#%24/ 4= /,662%7 4= 8*) .#))2#E* 582$8 5#& #==2).*+ 97 %8*

QRF

K&&,*'A8*%8*) 4) /4% 2))*$4/$26#96* +2==*)*/$*& #/+ $4/=62$%2/E 1*)&4/#62%2*& $4/&%2%,%*

1&7$8464E2$#6 2/$#1#$2%7F

O,62/E';8* =466452/E E,2+*62/*& 2/ %8* 2/%*)1)*%#%24/ #/+ #1162$#%24/ 4= R)%F cb 4= %8*

"#.267 Q4+* #)* 8*)*97 8#/+*+ +45/ =4) %8* E,2+#/$* 4= %8* 9*/$8 #/+ %8* 9#)'

]H^ ;8* 9,)+*/ 4= 1)44= %4 &845 %8* /,662%7 4= %8* .#))2#E* 9*64/E& %4 %8* 16#2/%2==F

R/7 +4,9% &84,6+ 9* )*&463*+ 2/ =#34) 4= %8* *C2&%*/$* #/+ $4/%2/,#%24/ 4= %8* .#))2#E* #/+

#E#2/&% 2%& +2&&46,%24/ #/+ /,662%7F

][^ ;8* )44% $#,&* 4= %8* 1&7$8464E2$#6 2/$#1#$2%7 .,&% 9* ]#^ .*+2$#667 4) $62/2$#667

2+*/%2=2*+0 ]9^ #66*E*+ 2/ %8* $4.16#2/%0 ]$^ &,==2$2*/%67 1)43*/ 97 *C1*)%& #/+ ]+^ $6*#)67

*C16#2/*+ 2/ %8* +*$2&24/F

]c^ ;8* 2/$#1#$2%7 .,&% 9* 1)43*/ %4 9* *C2&%2/E #% h%8* %2.* 4= %8* $*6*9)#%24/h 4=

%8* .#))2#E*F

]g^ ?,$8 2/$#1#$2%7 .,&% #6&4 9* &845/ %4 9* .*+2$#667 4) $62/2$#667 1*).#/*/% 4)

0-.2,+1%"F ]I^ ?,$8 266/*&& .,&% 9* ;,+'"*/4,E8 %4 9)2/E #94,% %8* +2%7 4= %8* 1#)%7 %4

#&&,.* %8* *&&*/%2#6 4962E#%24/& 4= .#))2#E*F]b^ ;8* *&&*/%2#6 .#)2%#6 4962E#%24/& .,&% 9* %84&* *.9)#$*+ 97 R)%2$6*& bY ,1 %4

fH 4= %8* "#.267 Q4+* #& )*E#)+& %8* 8,&9#/+ #/+ 52=* #& 5*66 #& R)%2$6*& [[J0 [[H #/+ [[I 4=

%8* .* Q4+* 2/ )*E#)+ %4 1#)*/%& #/+ %8*2) $826+)*/F

]f^ K/%*)1)*%#%24/& E23*/ 97 %8* j#%24/#6 R11*66#%* P#%)2.4/2#6 ;)29,/#6 4= %8*

Q#%8462$ Q8,)$8 2/ %8* :8262112/*&0 5826* /4% $4/%)4662/E 4) +*$2&23*0 &84,6+ 9* E23*/ E)*#%

)*&1*$% 97 4,) $4,)%&F

]Y^ ;8* %)2#6 $4,)% .,&% 4)+*) %8* 1)4&*$,%2/E #%%4)/*7 4) =2&$#6 #/+ %8* ?462$2%4)

(*/*)#6 %4 #11*#) #& $4,/&*6 =4) %8* &%#%*F


12/48

)G:?GI .6M4:& %&' +/D'*' (:' >>,=>1 R6M?65P AB >110

"#$%&'U*4,*6 =2)&% .*% T,62# 2/ K64264 Q2%7F ;8* .**%2/E 6#%*) 1)43*+ %4 9* #/ *3*/%=,6 +#7

=4) 94%8 4= %8*. =4) %8*7 E4% .#))2*+ 4/ ?*1%*.9*) [J0 HXYbF U*4,*6 #/+ T,62# 623*+ 52%8 %8*

6#%%*)D& 1#)*/%&F ;8* *$&%#&70 845*3*)0 +2+ /4% 6#&% 64/EF K% 5#& 94,/+ %4 8#11*/0 U*4,*6

#3*))*+0 9*$#,&* 4= %8* =)*L,*/% 2/%*)=*)*/$* 97 T,62#D& 1#)*/%& 2/%4 %8* 74,/E &14,&*&D

=#.267 #==#2)&F _$$#&24/#6670 %8* $4,16* 54,6+ #6&4 &%#)% # >L,#))*6W 43*) # /,.9*) 4= %82/E&

62B* 58*/ #/+ 58*)* %8* $4,16* &84,6+ &%#)% 6232/E 2/+*1*/+*/%67 =)4. T,62#D& 1#)*/%& 4)

58*/*3*) T,62# 54,6+ *C1)*&& )*&*/%.*/% 4/ U*4,*6D& &1*/+2/E # =*5 +#7& 52%8 82& 45/

1#)*/%&F_/ P#7 HY0 HXYY0 T,62# =2/#667 6*=% =4) %8* GF?F %4 54)B #& # /,)&* +*&12%* 82&

8,&9#/+D& 16*#& %4 &4 +2&&,#+* 8*)F ?*3*/ .4/%8& #=%*) 8*) +*1#)%,)*0 T,62# $#66*+ U*4,*6 =4)

%8* =2)&% %2.*F ?8* 1)4.2&*+ %4 )*%,)/ 84.* ,14/ %8* *C12)#%24/ 4= 8*) $4/%)#$% 9,% &8*

/*3*) +2+F A8*/ U*4,*6 E4% # $8#/$* %4 32&2% %8* GF?F0 58*)* 8* ,/+*)5*/% # %)#2/2/E

1)4E)#. ,/+*) %8* #,&12$*& 4= %8* R).*+ "4)$*& 4= %8* :8262112/*& 8* +*&1*)#%*67 %)2*+ %4

64$#%*0 4) %4 &4.*845 E*% 2/ %4,$8 52%8 T,62#0 9,% #66 82& *==4)%& 5*)* 4= /4 #3#26F U*4,*6 #)E,*& %8#% %8* =#26,)* 4= T,62# %4 )*%,)/ 84.*0 4) #% %8* 3*)7 6*#&% %4

$4..,/2$#%* 52%8 82.0 =4) .4)* %8#/ =23* 7*#)& #)* $2)$,.&%#/$*& %8#% $6*#)67 &845 8*)

9*2/E 1&7$8464E2$#667 2/$#1#$2%#%*+ %4 */%*) 2/%4 .#))2*+ 62=*F

K&&,*'A8*%8*) 4) /4% T,62# 2& 1&7$8464E2$#667 2/$#1#$2%#%*+ ,/+*) R)%2$6* cb 4= %8* "QF

O,62/E';8* ,&* 4= %8* 18)#&* >1&7$8464E2$#6 2/$#1#$2%7W ,/+*) R)%2$6* cb 4= %8* Q4+* 8#&

/4% 9**/ .*#/% %4 $4.1)*8*/+ #66 &,$8 14&&296* $#&*& 4= 1&7$84&*& #&0 62B*52&* .*/%24/*+

97 &4.* *$$6*&2#&%2$#6 #,%84)2%2*&0 *C%)*.*67 645 2/%*662E*/$*0 2..#%,)2%7 #/+ 62B*

$2)$,.&%#/$*&F R)%2$6* cb 4= %8* "#.267 Q4+* $#//4% 9* $4/&%),*+ 2/+*1*/+*/%67 4= 9,% .,&%

&%#/+ 2/ $4/@,/$%24/ 52%8 *C2&%2/E 1)*$*1%& 2/ 4,) 6#5 4/ .#))2#E*F ;8,&0 $4))*6#%*+0

1&7$8464E2$#6 2/$#1#$2%7 &84,6+ )*=*) %4 /4 6*&& %8#/ # .*/%#6 ]/4% 187&2$#6^ 2/$#1#$2%7 %8#%

$#,&*& # 1#)%7 %4 9* %),67 2/$4E/2%23* 4= %8* 9#&2$ .#)2%#6 $43*/#/%& %8#% $4/$4.2%#/%67 .,&%

9* #&&,.*+ #/+ +2&$8#)E*+ 97 %8* 1#)%2*& %4 %8* .#))2#E* 582$80 #& &4 *C1)*&&*+ 97 R)%2$6*

bY 4= %8* "#.267 Q4+*0 2/$6,+* %8*2) .,%,#6 4962E#%24/& %4 623* %4E*%8*)0 49&*)3* 643*0 )*&1*$%

#/+ =2+*62%7 #/+ )*/+*) 8*61 #/+ &,114)%F ;8*)* 2& 8#)+67 #/7 +4,9% %8#% %8* 2/%*/+.*/% 4=

%8* 6#5 8#& 9**/ %4 $4/=2/* %8* .*#/2/E 4= 1&7$8464E2$#6 2/$#1#$2%7 %4 %8* .4&% &*)24,&

$#&*& 4= 1*)&4/#62%7 +2&4)+*)& $6*#)67 +*.4/&%)#%23* 4= #/ ,%%*) 2/&*/&2%232%7 4) 2/#9262%7 %4

E23* .*#/2/E #/+ &2E/2=2$#/$* %4 %8* .#))2#E*F ;82& 1&7$8464E2$#6 $4/+2%24/ .,&% *C2&% #% %8*

%2.* %8* .#))2#E* 2& $*6*9)#%*+F

*GF?KI98 %&' Z?9M4G5:


13/48

+H:6 %&' +H:6

D'*' (:' >ACC-2 (:%GEKG5 ,2B ,==,

"#$%&'

U*/2 Q84#0 1*%2%24/*)0 #/+ R6=4/&4 Q84#0 )*&14/+*/%0 5*)* .#))2*+ 4/ P#)$8 HI0

HXYHF _,% 4= %82& ,/24/0 %54 $826+)*/ 5*)* 94)/F _/ _$%49*) [f0 HXXc0 )*&14/+*/% =26*+ #

$4.16#2/% =4) %8* #//,6.*/% 4= 82& .#))2#E* %4 1*%2%24/*)F R6&4 =26*+ #/ #.*/+*+ $4.16#2/%

=4) %8* +*$6#)#%24/ 4= /,662%7 4= 82& .#))2#E* 9#&*+ 4/ 8*) #66*E*+ 1&7$8464E2$#6 2/$#1#$2%7F

;8* $#&* 5*/% 4/ %)2#6 52%8 %8* )*&14/+*/% 1)*&*/%2/E 82& *32+*/$*F M45*3*)0 1*%2%24/*) =26*+# .4%24/ %4 +2&.2&& %8* *32+*/$*F O;Q +*/2*+ 1*%2%24/*)D& +*.,))*) %4 *32+*/$* 4/ %8*

E)4,/+ %8#% 1*%2%24/*) .,&% $4/%)43*)% %8* *&%#962&8*+ L,#/%,. *32+*/$* 4= )*&14/+*/%F

:*%2%24/*) *6*3#%*+ %8* $#&* %4 QR #=%*) %8* .4%24/ 4= )*$4/&2+*)#%24/ 5#& +*/2*+F QR 8*6+

%8#% +*/2#6 4= %8* +*.,))*) 5#& .*)*67 2/%*)64$,%4)7 #/+ 1*%2%24/*) 2/ 8*) +*=*/&* .,&%

1)*&*/% *32+*/$*F

K&&,*'

A8*%8*) 4) /4% 1*%2%24/*)D& 4962E#%*+ %4 1)*&*/% 8*) *32+*/$* +*&12%* %8*

2/#+*L,#%* *32+*/$* 4= )*&14/+*/% 2/ %8* #//,6.*/% 4= .#))2#E* $#&* E)4,/+*+ 4/

1&7$8464E2$#6 2/$#1#$2%7F

O,62/E'

;8* 1*%2%24/ 2& .*)2%4)24,&F M45*3*)0 %8* *32+*/$* #E#2/&% 1*%2%24/*) 2& E)4&&67

2/&,==2$2*/% %4 &,114)% #/7 =2/+2/E 4= 1&7$8464E2$#6 2/$#1#$2%7 %8#% 54,6+ 5#))#/% #

+*$6#)#%24/ 4= /,662%7 4= %8* 1#)%2*&D .#))2#E*F

O*&14/+*/% $6#2.& %8#% %8* =262/E 97 1*%2%24/*) 4= # &*)2*& 4= $8#)E*& #E#2/&% 82.

#)* 1)44= 4= %8* 6#%%*)D& 1&7$8464E2$#6 2/$#1#$2%7 %4 $4.167 52%8 %8* *&&*/%2#6 4962E#%24/& 4=

.#))2#E*F ;8*&* $8#)E*& 2/$6,+*+ Q4.16#2/%& =4) 1*)@,)70 =#6&* %*&%2.4/70 $4/$,92/#E* #/+

+*14)%#%24/F

;8* +4$,.*/%& 1)*&*/%*+ 97 )*&14/+*/% +,)2/E %8* %)2#6 +4 /4% 2/ #/7 5#7 &845

%8* #66*E*+ 1&7$8464E2$#6 2/$#1#$2%7 4= 82& 52=*F K% 2& %8* 8*2E8% 4= #9&,)+2%7 #/+ 2/*L,2%7 %4

$4/+*./ 8*) #& 1&7$8464E2$#667 2/$#1#$2%#%*+ %4 =,6=266 8*) .#)2%#6 4962E#%24/&0 &2.167

9*$#,&* &8* =26*+ $#&*& #E#2/&% 82.F ;8* *32+*/$* 1)*&*/%*+ .*)*67 *&%#962&8*& %8*

1)4&*$,%24/ 4= %8* $#&*& #E#2/&% 82.F ;4 ),6* %8#% %8* =262/E& #)* &,==2$2*/% %4 *&%#962&8 8*)

1&7$8464E2$#6 2/$#1#$2%7 2& /4% 4/67 %4%#667 *))4/*4,&0 9,% #6&4 E)#3* #9,&* 4= +2&$)*%24/94)+*)2/E 4/ #9&,)+2%7F

Q4,)% $6*#)67 *C16#2/*+ %8#% h1&7$8464E2$#6 2/$#1#$2%7 .,&% 9* $8#)#$%*)2-*+ 97 ]#^

E)#32%70 ]9^ @,)2+2$#6 #/%*$*+*/$* #/+ ]$^ 2/$,)#9262%7F ;8* *32+*/$* #++,$*+ 97 )*&14/+*/%

.*)*67 &845& %8#% 8* #/+ 82& 52=* $4,6+ /4% E*% #64/E 52%8 *#$8 4%8*)F ;8*)* 5#& #9&46,%*67

/4 &8452/E 4= %8* E)#32%7 4) @,)2+2$#6 #/%*$*+*/$* 4) 2/$,)#9262%7 4= %8* 1)496*.& 9*&*%%2/E

%8*2) .#)2%#6 ,/24/F

/M4:M9: %&' *GPG&D'*' (:' >00L== ;658H >=B ,==2

"#$%&'U*4/264 R/%4/240 1*%2%24/*)0 =26*+ # 1*%2%24/ %4 8#3* 82& .#))2#E* %4 P#)2* O*7*&0

)*&14/+*/%0 +*$6#)*+ /,66 #/+ 342+F M* #/$84)*+ 82& 1*%2%24/ =4) /,662%7 4/ R)%2$6* cb 4= %8*

"#.267 Q4+* #66*E2/E %8#% )*&14/+*/% 5#& 1&7$8464E2$#667 2/$#1#$2%#%*+ %4 $4.167 52%8 %8*

*&&*/%2#6 .#)2%#6 4962E#%24/& 4= .#))2#E*F M* #&&*)%*+ %8#% )*&14/+*/%D& 2/$#1#$2%7 *C2&%*+ #%

%8* %2.* %8*2) .#))2#E* 5#& $*6*9)#%*+ #/+ &%266 &,9&2&%& ,1 %4 %8* 1)*&*/%F

R& .#/2=*&%#%24/& 4= )*&14/+*/%D& #66*E*+ 1&7$8464E2$#6 2/$#1#$2%70 1*%2%24/*)$6#2.*+ %8#% )*&14/+*/% 1*)&2&%*/%67 62*+ #94,% 8*)&*6=0 %8* 1*416* #)4,/+ 8*)0 8*)

4$$,1#%24/0 2/$4.*0 *+,$#%24/#6 #%%#2/.*/% #/+ 4%8*) *3*/%& 4) %82/E&F

K/ &,114)% 4= 82& 1*%2%24/0 1*%2%24/*) 1)*&*/%*+ \)F R9$*+*0 # 1&7$82#%)2&%0 #/+ \)F

U41*-0 # $62/2$#6 1&7$8464E2&%0 584 &%#%*+0 9#&*+ 4/ %8* %*&%& %8*7 $4/+,$%*+0 %8#% 1*%2%24/*)

5#& *&&*/%2#667 # /4).#60 2/%)4&1*$%23*0 &87 #/+ $4/&*)3#%23* %71* 4= 1*)&4/F _/ %8* 4%8*)

8#/+0 %8*7 49&*)3*+ %8#% )*&14/+*/%D& 1*)&2&%*/% #/+ $4/&%#/% 672/E %4 1*%2%24/*) 5#&

#9/4).#6 4) 1#%8464E2$#6F K% ,/+*).2/*+ %8* 9#&2$ )*6#%24/&821 %8#% &84,6+ 9* 9#&*+ 4/ 643*0

%),&% #/+ )*&1*$%F ;8*7 =,)%8*) #&&*)%*+ %8#% )*&14/+*/%D& *C%)*.* @*#64,&7 5#& #6&4

1#%8464E2$#6F K% )*#$8*+ %8* 142/% 4= 1#)#/42# &2/$* %8*)* 5#& /4 #$%,#6 9#&2& =4) 8*) %4

&,&1*$% %8#% 1*%2%24/*) 5#& 8#32/E #/ #==#2) 52%8 #/4%8*) 54.#/F ;8*7 $4/$6,+*+ 9#&*+ 4/

%8* =4)*E42/E %8#% )*&14/+*/% 5#& 1&7$8464E2$#667 2/$#1#$2%#%*+ %4 1*)=4). 8*) *&&*/%2#6

.#)2%#6 4962E#%24/&FR=%*) %)2#60 %8* 645*) $4,)% E#3* $)*+*/$* %4 1*%2%24/*)D& *32+*/$* #/+ 8*6+ %8#%

)*&14/+*/%D& 1)41*/&2%7 %4 672/E #94,% #6.4&% #/7%82/Em8*) 4$$,1#%24/0 &%#%* 4= 8*#6%80

&2/E2/E #9262%2*& #/+ 8*) 2/$4.*0 #.4/E 4%8*)&m8#+ 9**/ +,67 *&%#962&8*+F R$$4)+2/E %4 %8*

%)2#6 $4,)%0 )*&14/+*/%D& =#/%#&%2$ #9262%7 %4 2/3*/% #/+ =#9)2$#%* &%4)2*& #/+ 1*)&4/#62%2*&

*/#96*+ 8*) %4 623* 2/ # 54)6+ 4= .#B*N9*62*3*F ;82& .#+* 8*) 1&7$8464E2$#667 2/$#1#$2%#%*+ #&

2% )*/+*)*+ 8*) 2/$#1#96* 4= E232/E .*#/2/E #/+ &2E/2=2$#/$* %4 8*) .#))2#E*F ;8* %)2#6 $4,)%

%8,& +*$6#)*+ %8* .#))2#E* 9*%5**/ 1*%2%24/*) #/+ )*&14/+*/% /,66 #/+ 342+F

K&&,*'A8*%8*) 4) /4% %8*)* 2& &,==2$2*/% 9#&2&n&8452/E 4= 1&7$8464E2$#6 2/$#1#$2%7 #& %4

)*/+*) %8* .#))2#E* /,66 #/+ 342+F

O,62/E'K% &84,6+ 9* /4%*+ %8#% %8* 62*& #%%)29,%*+ %4 )*&14/+*/% 5*)* /4% #+41%*+ #& =#6&*

1)*%*/&*& 2/ 4)+*) %4 2/+,$* 1*%2%24/*) 2/%4 .#))2#E*F P4)* +2&%,)92/E670 %8*7 2/+2$#%* # =#26,)* 4/

%8* 1#)% 4= )*&14/+*/% %4 +2&%2/E,2&8 %),%8 =)4. =2$%24/0 4) #% 6*#&% #92+* 97 %8* %),%8F :*%2%24/*)D&

52%/*&&*& #/+ %8* %)2#6 $4,)% 5*)* *.18#%2$ 4/ )*&14/+*/%D& 2/3*%*)#%* 1)4$6232%7 %4 %*662/E 62*&

#/+ %8* 1#%8464E2$ /#%,)* 4= 8*) .2&%),%8&0 582$8 #$$4)+2/E %4 %8*.0 5*)* )*3*6#%4)7 4=

)*&14/+*/%D& 2/#9262%7 %4 ,/+*)&%#/+ #/+ 1*)=4). %8* *&&*/%2#6 4962E#%24/& 4= .#))2#E*F K/+**+0 #

1*)&4/ ,/#96* %4 +2&%2/E,2&8 9*%5**/ =#/%#&7 #/+ )*#62%7 54,6+ &2.26#)67 9* ,/#96* %4 $4.1)*8*/+

%8* 6*E#6 /#%,)* 4= %8* .#)2%#6 94/+0 .,$8 6*&& 2%& 1&7$82$ .*#/2/E0 #/+ %8* $4))*&14/+2/E

4962E#%24/& #%%#$8*+ %4 .#))2#E*0 2/$6,+2/E 1#)*/%2/EF _/* ,/#96* %4 #+8*)* %4 )*#62%7 $#//4% 9*

*C1*$%*+ %4 #+8*)* #& 5*66 %4 #/7 6*E#6 4) *.4%24/#6 $4..2%.*/%&FQ6*#)67 2/ %82& $#&*0 %8*)* 5#& /4 $#%*E4)2$#6 #3*).*/% =)4. %8* *C1*)% 52%/*&&*& %8#%

)*&14/+*/%D& 1&7$8464E2$#6 2/$#1#$2%7 5#& $,)#96* 4) 2/$,)#96*F ")4. %8* %4%#62%7 4= %8* *32+*/$*0

845*3*)0 %8* $4,)% 2& &,==2$2*/%67 $4/32/$*+ %8#% %8* 2/$,)#9262%7 4= )*&14/+*/%D& 1&7$8464E2$#62/$#1#$2%7 8#& 9**/ *&%#962&8*+ 97 %8* 1*%2%24/*)F


14/48

+H9 ;9M@ "&:9 %&' +/D'*' (:' >>1>1= R6M?65P >2B >11-

"#$%&'Q82 P2/E ;&42 #/+ (2/# U#4 5*)* .#))2*+ 4/ P#7 [[0 HXYYF G/%26 %8*2) &*1#)#%24/

4/ P#)$8 HI0 HXYX0 %8*)* 5#& /4 &*C,#6 $4/%#$% 9*%5**/ %8*.F M*/$*0 (2/# ]52=*^ =26*+ #

1*%2%24/ =4) %8* +*$6#)#%24/ 4= /,662%7 4= %8*2) .#))2#E*F P*+2$#6 *C#.2/#%24/& &845*+ %8#%

%8* 52=* 5#& 8*#6%870 /4).#6 #/+ &%266 # 32)E2/0 5826* %8* 8,&9#/+ 5#& =4,/+ %4 9* $#1#96* 4=

8#32/E &*C,#6 2/%*)$4,)&* &2/$* 8* 5#& /4% 2.14%*/%F

;8* 52=* $6#2.*+ %8#% 8*) 8,&9#/+ 5#& 2.14%*/%0 #/+ 5#& # $64&*% 84.4&*C,#6 #&8* +2+ /4% &845 82& 1*/2& #/+ &2/$* 8* 5#& ,&2/E 82& .4%8*)D& *7*9)45 1*/$26 #/+ $6*#/&2/E

$)*#.F ?8* #6&4 $6#2.*+ %8#% 8*) 8,&9#/+ .#))2*+ 8*)0 # "26212/4 $2%2-*/0 2/ 4)+*) %4 #$L,2)*

4) .#2/%#2/ 82& )*&2+*/$7 &%#%,& 8*)* 2/ %8* $4,/%)7 #/+ %4 1,962$67 .#2/%#2/ %8* #11*#)#/$*

4= # /4).#6 .#/F _/ %8* 4%8*) 8#/+0 %8* 8,&9#/+ $6#2.*+ %8#% 2% 5#& 82& 52=* 584 5#&

1&7$8464E2$#667 2/$#1#$2%#%*+ %4 1*)=4). 9#&2$ .#)2%#6 4962E#%24/&F M* #&&*)%& %8#% 82& 52=*

#342+*+ 82. 58*/*3*) 8* 5#/%& %4 8#3* &*C,#6 2/%*)$4,)&* 52%8 8*)F M* =,)%8*) $6#2.*+ %8#%

82& 52=* =26*+ %8* $#&* 9*$#,&* &8* 5#& #=)#2+ %8#% &8* 54,6+ 9* =4)$*+ %4 )*%,)/ %8* 12*$*&

4= @*5*6)7 4= 82& .4%8*)0 #/+ %8#% 8* .2E8% $4/&,..#%* %8*2) .#))2#E*F M* #6&4 2/&2&%*+ %8#%

%8*2) .#))2#E* 54,6+ )*.#2/ 3#62+ 9*$#,&* %8*7 #)* &%266 3*)7 74,/E #/+ %8*)* 2& &%266 # $8#/$*

%4 43*)$4.* %8*2) +2==*)*/$*&F;8* %)2#6 $4,)% +*$6#)*+ %8*2) .#))2#E* 342+ 4/ #$$4,/% 4= 1&7$8464E2$#6 2/$#1#$2%7

4= %8* 8,&9#/+F ;8* Q4,)% 4= R11*#6& #==2).*+ %8* +*$2&24/ 4= %8* %)2#6 $4,)%F

K&&,*'A8*%8*) 4) /4% %8* 1)464/E*+ )*=, 4= %8* 8,&9#/+ %4 8#3* &*C,#6 $441*)#%24/

=4) %8* 1)4$)*#%24/ 4= $826+)*/ 52%8 82& 52=* 2& *L,23#6*/% %4 1&7$8464E2$#6 2/$#1#$2%7F O,62/E'

l*&F ;8* 1)464/E*+ )*=, 4= %8* 8,&9#/+ %4 8#3* &*C,#6 $441*)#%24/ =4) %8*

1)4$)*#%24/ 4= $826+)*/ 52%8 82& 52=* 2& *L,23#6*/% %4 1&7$8464E2$#6 2/$#1#$2%7F

K= # &14,&*0 #6%84,E8 187&2$#667 $#1#96* 9,% &2.167 )*=,&*& %4 1*)=4). 82& 4) 8*)

*&&*/%2#6 .#))2#E* 4962E#%24/&0 #/+ %8* )*=, 2& &*/&*6*&& #/+ $4/&%#/%0 %8* Q#%8462$

.#))2#E* %)29,/#6& #%%)29,%* %8* $#,&*& %4 1&7$8464E2$#6 2/$#1#$2%7 %8#/ %4 &%,994)/ )*=,F

;8* 8,&9#/+D& &*/&*6*&& #/+ 1)4%)#$%*+ )*=, %4 =,6=266 82& .#)2%#6 4962E#%24/& 2& *L,23#6*/%

%4 1&7$8464E2$#6 2/$#1#$2%7F

_/* 4= %8* *&&*/%2#6 .#)2%#6 4962E#%24/& ,/+*) %8* "#.267 Q4+* 2& %4 >1)4$)*#%*$826+)*/ 9#&*+ 4/ %8* ,/23*) 1)2/$216* %8#% 1)4$)*#%24/ 4= $826+)*/ %8)4,E8 &*C,#6

$441*)#%24/ 2& %8* 9#&2$ */+ 4= .#))2#E*F Q4/&%#/% /4/N=,6=266.*/% 4= %82& 4962E#%24/ 5266

=2/#667 +*&%)47 %8* 2/%*E)2%7 4) 5846*/*&& 4= %8* .#))2#E*F \*$2&24/ #==2).*+ #/+ 1*%2%24/

+*/2*+ =4) 6#$B 4= .*)2%F

;:59@: %&' !G:FIG :V 4HG !H9I9FF9MG&

D' *' (:' >A0,,2 YGK5?65P 2B ,==A

"#$%&'

R11*66#/% U,$24 P4)2E4 #/+ U,$2# a#))*%* 5*)* 94#)+.#%*& #% %8* 84,&* 4=

Q#%#62/# ;4)%4) #% ;#E926#)#/ Q2%70 =4) # 1*)24+ 4= =4,) 7*#)&F R=%*) &$8446 7*#)0 U,$24 P4)2E4

#/+ U,$2# a#))*%* 64&% $4/%#$% 52%8 *#$8 4%8*)F K/ HXYg0 U,$24 P4)2E4 5#& &,)1)2&*+ %4

)*$*23* # $#)+ =)4. U,$2# a#))*%* =)4. ?2/E#14)*F ;8* =4).*) )*162*+ #/+ #=%*) #/ *C$8#/E*

4= 6*%%*)&0 %8*7 9*$#.* &5**%8*#)%&F K/ HXYb0 U,$2# )*%,)/*+ %4 %8* :8262112/*& 9,% 6*=% #E#2/

=4) Q#/#+# %4 54)B %8*)*F A826* 2/ Q#/#+#0 %8*7 .#2/%#2/*+ $4/&%#/% $4..,/2$#%24/F K/HXXJ0 U,$2# $#.* 9#$B %4 %8* :8262112/*& #/+ 1)414&*+ %4 1*%2%24/ #11*66#/% %4 @42/ 8*) 2/

Q#/#+#F a4%8 #E)**+ %4 E*% .#))2*+F U,$2# )*14)%*+ 9#$B %4 8*) 54)B 2/ Q#/#+# 6*#32/E

#11*66#/% U,$24 9*82/+F

_/ R,E,&% HX0 HXXH0 U,$2# =26*+ 52%8 %8* _/%#)24 Q4,)% # 1*%2%24/ =4) +234)$* #E#2/&%

#11*66#/% 582$8 5#& E)#/%*+ 97 %8* $4,)%F R11*66#/% U,$24 P4)2E4 .#))2*+ P#)2# T*$*$8#

U,.9#E4 #% ;#E926#)#/ Q2%7F U,$24 =26*+ # $4.16#2/% =4) @,+2$2#6 +*$6#)#%24/ 4= /,662%7 4=

.#))2#E* 2/ %8* O*E24/#6 ;)2#6 Q4,)% 4= a4846F ;8* $4.16#2/% &**B& #.4/E 4%8*)&0 %8*

+*$6#)#%24/ 4= /,662%7 4= U,$24D& .#))2#E* 52%8 U,$2#0 4/ %8* E)4,/+ %8#% /4 .#))2#E*

$*)*.4/7 #$%,#667 %44B 16#$*F R11*66#/% 5#& $8#)E*+ 52%8 a2E#.7 2/ 2/=4).#%24/ =26*+ 97 %8*

Q2%7 :)4&*$,%4) 4= ;#E926#)#/ Q2%70 52%8 %8* O*E24/#6 ;)2#6 Q4,)% 4= a4846F

U,$24 P4)2E4 .43*+ =4) &,&1*/&24/ 4= %8* #))#2E/.*/% 4/ %8* E)4,/+ %8#% %8* $2326

$#&* =4) @,+2$2#6 /,662=2$#%24/ 4= 82& .#))2#E* 52%8 U,$2# 14&*+ # 1)*@,+2$2#6 L,*&%24/ 2/ %8*

92E#.7 $#&*F M2& .4%24/ 5#& E)#/%*+0 9,% &,9&*L,*/%67 +*/2*+ ,14/ .4%24/ =4)

)*$4/&2+*)#%24/ 97 %8* 1)4&*$,%24/F A8*/ #))#2E/*+ 2/ %8* 92E#.7 $#&*0 U,$24 16*#+*+ /4%

E,26%7 %4 %8* $8#)E*F

K&&,*'

A8*%8*) 4) /4% U,$24 P4)2E4 $4..2%%*+ 92E#.7 *3*/ 52%8 82& +*=*/&* 4= E44+

=#2%8F

O,62/E'

R @,+2$2#6 +*$6#)#%24/ 4= /,662%7 4= # 1)*324,& .#))2#E* 2& /*$*&)7 9*=4)* #

&,9&*L,*/% 4/* $#/ 9* 6*E#667 $4/%)#$%*+F _/* 584 */%*)& 2/%4 # &,9&*L,*/% .#))2#E*

52%84,% =2)&% 49%#2/2/E &,$8 @,+2$2#6 +*$6#)#%24/ 2& E,26%7 4= 92E#.7F ;82& 1)2/$216* #1162*& *3*/

2= %8* *#)62*) ,/24/ 2& $8#)#$%*)2-*+ 97 &%#%,%*& #& h342+FhK/ %8* 2/&%#/% $#&*0 845*3*)0 /4 .#))2#E* $*)*.4/7 #% #66 5#& 1*)=4).*+ 97 # +,67

#,%84)2-*+ &46*./2-2/E 4==2$*)F U,$24 P4)2E4 #/+ U,$2# a#))*%* .*)*67 &2E/*+ # .#))2#E*

$4/%)#$% 4/ %8*2) 45/F ;8* .*)* 1)23#%* #$% 4= &2E/2/E # .#))2#E* $4/%)#$% 9*#)& /4

&*.96#/$* %4 # 3#62+ .#))2#E* #/+ %8,&0 /**+& /4 @,+2$2#6 +*$6#)#%24/ 4= /,662%7F ?,$8 #$%

#64/*0 52%84,% .4)*0 $#//4% 9* +**.*+ %4 $4/&%2%,%* #/ 4&%*/&2967 3#62+ .#))2#E* =4) 582$8

U,$24 .2E8% 9* 8*6+ 62#96* =4) 92E#.7 ,/6*&& 8* =2)&% &*$,)*& # @,+2$2#6 +*$6#)#%24/ 4= /,662%7

9*=4)* 8* $4/%)#$%& # &,9&*L,*/% .#))2#E*F

;8* 6#5 #984)& #/ 2/@,&%2$* #/+ %8* Q4,)% 2& .#/+#%*+ %4 629*)#667 $4/&%),* # 1*/#6

&%#%,%* 2/ =#34) 4= #/ #$$,&*+ #/+ 5*2E8 *3*)7 $2)$,.&%#/$* 2/ =#34) 4= %8* 1)*&,.1%24/ 4=

2//4$*/$* %4 */&,)* %8#% @,&%2$* 2& +4/*F G/+*) %8* $2)$,.&%#/$*& 4= %8* 1)*&*/% $#&*0

?,1)*.* Q4,)% 8*6+ %8#% 1*%2%24/*) 8#& /4% $4..2%%*+ 92E#.7 #/+ %8#% 2% /**+ /4% %#))7 4/

%8* 2&&,* 4= %8* 3#62+2%7 4= 82& +*=*/&* 4= E44+ =#2%8 4) 6#$B 4= $)2.2/#6 2/%*/%0 582$8 2& /45

.44% #/+ #$#+*.2$F


15/48

)6F?O%4 */=4)$* %8* $2326 62#9262%7 #)2&2/E =)4. %8* 4==*/&*W *3*/ 2=

94%8 %8* $2326 #/+ $)2.2/#6 #$%24/& #)2&* =)4. 4) #)* )*6#%*+ %4 %8* .* 4==*/&*F ?,114)%

$"-3"-/" %0/" 0 #& # )*.*+70 $#/ 9* #3#26*+ 4= 2/ #/ #$%24/ =4) 6*E#6 &*1#)#%24/ #/+ E)#/%*+ #%

%8* +2&$)*%24/ 4= %8* @,+E*F


16/48

J?@6P:M@ %&' D9MGO

D'*' (:' )==CC SG8GEKG5 ,LB >102

"#$%&'

a*/@#.2/ a,E#74/E0 &*)32$*.#/ 2/ %8* G? j#37 5#& .#))2*+ %4 +*=*/+#/% U*4/26#

(2/*- 2/ :#/E#&2/#/0 5826* 4/ =,)64,E8 6*#3*F R=%*) .#))2#E*0 %8* $4,16*& 623* 52%8 %8* &2&%*)&

4= %8* 8,&9#/+0 9*=4)* %8* 6#%%*) 6*=% %4 )*14)% 9#$B %4 +,%70 %8* $4,16* $#.* %4 #/

#E)**.*/% %8#% U*4/26# 54,6+ &%#7 52%8 a*/@#.2/D& &2&%*)&F

U*4/26# 6*=% %8* +5*662/E 4= 8*) &2&%*)&N2/N6#5 582$8 &8* 2/=4).*+ 8*) 8,&9#/+ 97

6*%%*) %8#% &8* 8#+ E4/* %4 )*&2+* 52%8 8*) .4%8*) 2/ :#/E#&2/#/F S#)67 2/ T,67 HXIH0a*/@#.2/ )*$*23* 6*%%*)& =)4. 82& &2&%*) e#6*)2#/# :46#/E$4 %8#% 8*) 52=* 2/=4).2/E 82. 4=

#66*E*+ #$%& 4= 2/=2+*62%7F a*/@#.2/ 5*/% %4 :#/E#&2/#/ #/+ &4,E8% =4) 82& 52=* 584. 8* .*%

2/ %8* 84,&* 4= U*4/26#D& E4+.4%8*)F ;8*7 623*+ #E#2/ #& 8,&9#/+ #/+ 52=* #/+ &%#7*+ 2/ %8*

84,&* 4= :*+)4 a,E#74/E0 $4,&2/ 4= %8* 16#2/%2==N8,&9#/+F _/ %8* &*$4/+ +#70 8* %)2*+ %4

3*)2=7 =)4. 82& 52=* %8* %),%8 4= %8* 2/=4).#%24/ 8* )*$*23*+ 9,% 2/&%*#+ 4= #/&5*)2/E0

U*4/26# 1#$B*+ ,1 #/+ 6*=% 82. 582$8 a*/@#.2/ $4/$6,+*+ #& # $4/=2).#%24/ 4= %8* #$%& 4=

2/=2+*62%7F R=%*) 8* %)2*+ %4 64$#%* 8*) #/+ ,14/ =#262/E 8* 5*/% %4 K64$4& j4)%*F a*/@#.2/ =26*+

2/ QK" 4= :#/E#&2/#/ # $4.16#2/% =4) 6*E#6 &*1#)#%24/ #E#2/&% U*4/26#0 584 %2.*67 =26*+ #/

#/&5*) 3*8*.*/%67 +*/72/E %8* #3*).*/%& 4= %8* $4.16#2/%F

K&&,*'

A8*%8*) 4) /4% %8* #$%& $8#)E*+ 2/ 62/* 52%8 %8* %),%8 4= #66*E#%24/& 4= %8*

$4..2&&24/ 4= #$%& 4= 2/=2+*62%7 #.4,/%2/E %4 #+,6%*)7 8#3* 9**/ $4/+4/*+ 97 %8* 16#2/%2==N8,&9#/+F

O,62/E'

()#/%2/E %8#% 2/=2+*62%2*& #.4,/%2/E %4 #+,6%*)7 5*)* $4..2%*+ 97 %8* 52=*0 %8* #$%

4= %8* 8,&9#/+ 2/ 1*)&,#+2/E 8*) %4 $4.* #64/E 52%8 82. #/+ %8* =#$% %8#% &8* 5*/% 52%8

82. #/+ %4E*%8*) %8*7 &6*1% #& 8,&9#/+ #/+ 52=* +*1)23*& 82. #& %8* #66*E*+ 4==*/+*+

&14,&* 4= #/7 #$%24/ =4) 6*E#6 &*1#)#%24/ #E#2/&% %8* 4==*/+2/E 52=* 9*$#,&* 82& + $4/+,$%

$4.*& 52%82/ %8* )*&%)2$%24/ 4= R)%2$6* HJJ 4= Q2326 Q4+*F

!68G4G %&' +6596@6

,C> .+*/ C,>

"#$%&'

Q4/$*1$24/ R6#/2& =26*+ 52%8 %8* $4,)% 9*645 # $4.16#2/% =4) %8* +*$6#)#%24/ 4=

/,662%7 4= %8* .#))2#E* 9*%5**/ 8*) *)&%5826* 8,&9#/+ S/)2$4 :#$*%* #/+ 4/* Q6#)2%# +* 6#

Q4/$*1$24/0 #& 5*66 #& =4) 6*E#6 &*1#)#%24/ ]9*%5**/ R6#/2& #/+ :#$*%*^0 #$$4,/%2/E #/+

&*1#)#%24/ 4= 1)41*)%7F K/ 8*) $4.16#2/%0 &8* #3*))*+ %8#% &8* 5#& .#))2*+ %4 :#$*%* 9*=4)*

%8* T,&%2$* 4= %8* :*#$* 4= Q4%#9#%4` %8#% %8*7 8#+ # $826+ /#.*+ Q4/&,*64` %8#% :#$*%*

&,9&*L,*/%67 $4/%)#$%*+ 2/ HXgY # &*$4/+ .#))2#E* 52%8 Q6#)2%# +* 6# Q4/$*1$24/ 2/ j4)%8Q4%#9#%4` %8#% &8* 6*#)/*+ 4= &,$8 .#))2#E* 4/67 4/ HXfX` %8#% +,)2/E 8*) .#))2#E* %4

:#$*%*0 %8* 6#%%*) #$L,2)*+ 3#&% 1)41*)%7 $4/&2&%2/E 4= 6#)E* %)#$%& 4= 6#/+0 =2&814/+& #/+

&*3*)#6 .4%4) 3*82$6*&` %8#% 8* =)#,+,6*/%67 16#$*+ %8* &*3*)#6 12*$*& 4= 1)41*)%7 *2%8*) 2/

82& /#.* #/+ Q6#)2%# 4) 2/ %8* /#.*& 4= 82& $826+)*/ 52%8 Q6#)2%# #/+ 4%8*) h+,..2*&`h %8#%

:#$*%* 2E/4)*+ 43*)%,)*& =4) #/ #.2$#96* &*%%6*.*/%` #/+ %8#% )*$4/$262#%24/ 9*%5**/ 8*)

#/+ :#$*%* 5#& 2.14&&296* &2/$* 8* *32+*/%67 1)*=*))*+ %4 $4/%2/,* 6232/E 52%8 Q6#)2%#F

K&&,*'

A8*%8*) 4) /4% O;Q 4= Q4%#9#%4 Q2%7 E)#3*67 #9,&*+ 2%& +2&$)*%24/ 2/ +*/72/E

1*%2%24/*)&d .4%24/ =4) *C%*/&24/ 4= %2.* %4 =26* %8*2) #/&5*) 4/ %8* +*$)** 4= 6*E#6

&*1#)#%24/F

O,62/E':*%2%24/ 2& E)#/%*+F ;8* &1*$2#6 1)*&$)21%24/& 4/ #$%24/& %8#% $#/ 1,% %8* 2/%*E)2%7 4=

.#))2#E* %4 14&&296* @*41#)+7 #)* 2.1*66*+ 97 /4 6*&& %8#/ %8* ?%#%*d& 2/%*)*&% 2/ %8*

.#))2#E* )*6#%24/ #/+ 2%& #345*+ 2/%*/%24/ /4% %4 6*#3* %8* .#%%*) 52%82/ %8* *C$6,&23*

+4.#2/ #/+ %8* 3#E#)2*& 4= %8* 1#)%2*& %4 #64/* +2$%#%*F

K% 2& $6*#) %8#% %8* 1*%2%24/*) +2+0 2/ =#$%0 &1*$2=2$#667 1)#7 =4) 6*E#6 &*1#)#%24/F ;8#%

4%8*) )*.*+70 58*%8*) 1)2/$21#6 4) 2/$2+*/%#60 8#3* 62B*52&* 9**/ &4,E8% 2/ %8* .* #$%24/

$#//4% +2&1*/&*0 /4) *C$,&* $4.162#/$*0 52%8 #/7 4= %8* &%#%,%4)7 )*L,2)*.*/%&

#=4)*L,4%*+F

R/ #$%24/ =4) 6*E#6 &*1#)#%24/ .,&% h2/ /4 $#&* 9* %)2*+ 9*=4)* &2C .4/%8& &8#66

8#3* *6#1&*+ &2/$* %8* =262/E 4= %8* 1*%2%24/0h 49324,&67 2/ 4)+*) %4 1)432+* %8* 1#)%2*& #

h$4462/EN4==h 1*)24+F K/ %82& 2/%*)2.0 %8* $4,)% &84,6+ %#B* &%*1& %45#)+ E*%%2/E %8* 1#)%2*& %4

)*$4/$26*F


17/48

;68676M@76M@ %&' +/

>=L .+*/ C>A

"#$%&'

O*&14/+*/% S62-#9*%8 P*@2#& 2& # .#))2*+ 54.#/0 8*) 8,&9#/+ 9*2/E Q)2&12/

R/#8#5F ?8* #66*E*+67 8#+ 2/%*)$4,)&* 52%8 1*%2%24/*) R/%4/24 P#$#+#/E+#/E &4.*%2.* 2/

P#)$80 HXbfF ?8* #6&4 #66*E*& %8#% +,* %4 %8* #==#2)0 &8* #/+ 8*) 8,&9#/+ &*1#)#%*+ 2/ HXbfF

?8* E#3* 92)%8 %4 # 9#97 947 584 5#& /#.*+ O46#/+4 P#$#+#/E+#/E 2/ 9#1%2&.#6 )2%*&F

O*&14/+*/%0 %8*/ 16#2/%2==0 =26*+ # $4.16#2/% =4) )*$4E/2%24/ #/+ &,114)% #E#2/&% 1*%2%24/*)0

%8*/ +*=*/+#/%0 52%8 %8* QK" 4= \#3#4F \*=*/+#/%0 /45 1*%2%24/*)0 P#$#+#/E+#/E =26*+ 82&

#/&5*)0 4114&2/E 16#2/%2==d& $6#2. #/+ 1)#72/E =4) 2%& +2&.2&F

;8* 645*) $4,)% 2/ # 1)*N%)2#6 $4/=*)*/$*0 2&&,*+ # :)*N%)2#6 _)+*) =4).#62-2/E

$*)%#2/ &%21,6#%24/&0 #+.2&&24/& #/+ =#$%,#6 2&&,*& 4/ 582$8 94%8 1#)%2*& #E)**+F

Q4))*&14/+2/E670 ,14/ #E)**.*/% 4= %8* 1#)%2*&0 #/ #.*/+*+ $4.16#2/% 5#& =26*+ 97

16#2/%2==F K/ 2%& +*$2&24/ )*/+*)*+0 %8* 645*) $4,)% +2&.2&&*+ %8* $4.16#2/%F ;8* +*$2&24/

2/34B*+ 14&2%23* 1)432&24/& 4= %8* Q2326 Q4+* #/+ O,6*& 4= Q4,)% #/+ #,%84)2%2*&F

K&&,*'

A8*%8*) 4) /4% %8* 52=* .#7 2/&%2%,%* #/ #$%24/ %8#% 54,6+ 9#&%#)+2-* 8*) $826+

52%84,% E232/E 8*) 8,&9#/+0 %8* 6*E#667 1)*&,.*+ =#%8*)0 #/ 4114)%,/2%7 %4 9* 8*#)+F

O,62/E'

?Q =2/+ /4 .*)2% 2/ 1*%2%24/*)D& &,9.2&&24/ %8#% %8* L,*&%24/*+ +*$2&24/ 8#+ /4%

9*$4.* =2/#6 #/+ *C*$,%4)7 &2/$* %8* 6#5 *C162$2%67 #/+ $6*#)67 1)432+*& =4) %8* +2&&46,%24/

#/+ 62L,2+#%24/ 4= %8* $4/@,E#6 1#)%/*)&821 #& #.4/E %8* *==*$%& 4= %8* =2/#6 +*$)** 4= 6*E#6

&*1#)#%24/F

K% #6&4 #11*#)& %8#% 8*) $6#2. #E#2/&% 1*%2%24/*) 2& # +2&E,2&*+ #%%*.1% %4 *3#+* %8*

)*&14/&29262%7 #/+ $4/&*L,*/$* 4= 8*) )*$B6*&& 9*8#324) #% %8* *C1*/&* 4= 8*) 8,&9#/+0 8*)

2662$2% 643*) #/+ #943* #66 8*) 45/ &4/F "4) %82& Q4,)% %4 #66450 .,$8 6*&& $4/&*/% %40 %8*

9#&%#)+2-#%24/ 4= )*&14/+*/%d& &4/ 54,6+ E23* )2&* %4 &*)24,& #/+ =#)N)*#$82/E $4/&*L,*/$*&

4/ &4$2*%7F ;82& Q4,)% 5266 /4% %46*)#%* &$8*.2/E .#))2*+ 54.*/ 584 54,6+ 2/+,6E* 2/ 2662$2%

#==#2)& 52%8 .#))2*+ .*/ #/+ %8*/ *C1642% %8* $826+)*/ 94)/ +,)2/E &,$8 2..4)#6 )*6#%24/& 97

,&2/E %8*. %4 $466*$% =)4. &,$8 .4/*7*+ 1#)#.4,)&F ;82& 54,6+ 9* %8* =4). 4= 5)*$B2/E %8*&%#9262%7 4= %54 =#.262*&F ;82& 54,6+ 9* # &*3*)* #&,6% 4/ .4)#62%7F

!:4GM896M: %&' +/D'*' (:' >C1-L1B >C1L=L R?IP >1B ,==>

"#$%&'S)62/+# K6,&4)240 %8* .#%)2#)$8 584 5#& &4 6432/E67 2/&*1#)#96* =)4. 8*) 8,&9#/+

&4.* 7*#)& #E40 =26*+ # 1*%2%24/ 52%8 %8* Q4,)% 4= R11*#6& =4) 7+1"+( .#,$2( %4 8#3* $,&%4+7

4= 8*) 8,&9#/+ 2/ $4/&4)%2,.F M45*3*)0 %8* Q4,)% 4= R11*#6& 1)4.,6E#%*+ 2%& +*$2&24/

+2&.2&&2/E %8* 1*%2%24/ =4) 6#$B 4= ,/6#5=,6 )*&%)#2/% 4) +*%*/%24/ 4= %8* &,9@*$%0 :4%*/$2#/4

K6,&4)24F

S)62/+# K6,&4)24 =26*+ 52%8 %8* ?,1)*.* Q4,)% #/ #11*#6 '0+ .",/0#,+,01,)&,2/E 8*)

+*&2)* %4 8#3* $,&%4+7 4= 8*) 8,&9#/+ :4%*/$2#/4 K6,&4)24F ;82& $#&* 5#& $4/&462+#%*+ 52%8

#/4%8*) $#&* =26*+ 97 :4%*/$2#/4 K6,&4)24 #/+ 82& $826+)*/0 S)62/+# a26+/*) #/+ ?7632# K6,&4)24

#11*#62/E =)4. %8* 4)+*) E232/E 32&2%#%24/ )2E8%& %4 82& 52=*0 #&&*)%2/E %8#% 8* /*3*) )*=,&*+ %4

&** 8*)F ;8* ?,1)*.* Q4,)% +2&.2&&*+ %8* 1*%2%24/ =4) 7+1"+( .#,$2(=4) 6#$B 4= .*)2%0 #/+

E)#/%*+ %8* 1*%2%24/ %4 /,662=7 %8* Q4,)% 4= R11*#6&d ),62/E E232/E 32&2%#%24/ )2E8%& %4 S)62/+#

K6,&4)24F

K&&,*'

A8*%8*) 4) /4% 1*%2%24/*) $#/ #&&*)% R)%2$6* bY #/+ bX 4= "#.267 Q4+* %4 8#3*

$,&%4+7 4= 8*) 8,&9#/+ 2/ $4/&4)%2,.F

O,62/E'

;8* ?,1)*.* Q4,)% #E)**& %8#% #& &14,&*&0 %8*7 #)* +,%7 94,/+ %4 623* %4E*%8*)

#/+ $#)* =4) *#$8 4%8*) #& 1)432+*+ 97 R)%2$6* bY #/+ bXF M45*3*)0 %8*)* 5#& #9&*/$* 4=

*.1#%87 9*%5**/ &14,&*& S)62/+# #/+ :4%*/$2#/40 8#32/E &*1#)#%*+ =)4. 9*+ #/+ 94#)+

&2/$* HXf[F _/67 %8* .4)#6 4962E#%24/ 4= %8* &14,&*& $4/&%2%,%*& %8* .4%23#%2/E =#$%4) =4)

.#B2/E %8*. 49&*)3* %8* + +,%2*& #/+ 4962E#%24/& 582$8 #)* 82E867 1*)&4/#6F ;8*)*=4)*0

%8*7 +*/7 %8* 1*%2%24/*)D& .4%24/ =4) )*$4/&2+*)#%24/F


18/48


19/48

WI?&:59: %&' J9I7MG5

D'*' (:' >C1-L1 ;6P >,B ,===

"#$%&'

S)62/+# o#6#5 #/+ :4%*/$2#/4 K6,&4)24 $4/%)#$%*+ .#%)2.4/7 #/+ 623*+ %4E*%8*) =4)

# 1*)24+ 4= %82)%7 7*#)&F _,% 4= %8*2) .#))2#E*0 %8* &14,&*& 8#+ &2C $826+)*/F K/ HXf[0 %8*7

&*1#)#%*+ =)4. 9*+ #/+ 94#)+ =4) ,/+2&$64&*+ )*#&4/&F :4%*/$2#/4 623*+ 2/ P#B#%2 58*/ 8*

5#& 2/ P#/26# #/+ 2/ K6,&4)24 1*/%84,&* 58*/ 8* 5#& 2/ a#E,24 Q2%7F _/ %8* 4%8*) 8#/+0

S)62/+# 623*+ 2/ R/%21464 Q2%7FA8*/ :4%*/$2#/4 #))23*+ =)4. G/2%*+ ?%#%*& #/+ 623*+ 52%8 S)62/+# 2/ R/%21464 Q2%7

=4) =23* .4/%8&F ;8* $826+)*/0 ?7632# #/+ U2/0 #66*E*+ %8#% %8*2) .4%8*) 43*)+4&*+ %8*2) =#%8*)

52%8 #/ #/%2+*1)*&/% +),E 582$8 %8* 6#%%*)D& 8*#6%8 +*%*)24)#%*+F S)62/+# =26*+ 52%8 O;Q 4=

R/%21464 Q2%7 # 1*%2%24/ =4) E,#)+2#/&821 43*) %8* 1*)&4/ #/+ 1)41*)%7 4= 8*) 8,&9#/+ +,* %4

%8* 6#%%*)D& #+3#/$*+ #E*0 =)#26 8*#6%80 144) *7*&2E8% #/+ 2.1#2)*+ @,+E.*/%F

:4%*/$2#/4 +2+ /4% )*%,)/ %4 R/%21464 Q2%7 #/+ 2/&%*#+ 623*+ 2/ # $4/+4.2/2,. 2/

P#B#%2 Q2%7 #=%*) #%%*/+2/E # $4)14)#%* .**%2/E 2/ a#E,24 Q2%7F A2%8 %8*&*0 S)62/+# =26*+ 52%8

QR # 1*%2%24/ =4) 8#9*#& $4)1,& %4 8#3* $,&%4+7 4= 8*) 8,&9#/+ #/+ #6&4 =4) %8* )*#&4/ %8#%

)*&14/+*/% )*=,&*+ 1*%2%24/*)D& +*.#/+& %4 &** #/+ 32&2% 8*) 8,&9#/+ #/+ 1)48292%2/E

:4%*/$2#/4 =)4. 6232/E 52%8 8*) 2/ R/%21464 Q2%7F

K&&,*'A8*%8*) 4) /4% S)62/+# K6,&4)24 .#7 &*$,)* # 5)2% 4= 8#9*#& $4)1,& %4 $4.1*6 8*)

8,&9#/+ %4 623* 52%8 8*) 2/ $4/@,E#6 962&&F

O,62/E';8* *&&*/%2#6 49@*$% #/+ 1,)14&* 4= %8* 5)2% 4= 7+1"+( .#,$2(2& %4 2/L,2)* 2/%4 #66

.#//*) 4= 2/346,/%#)7 )*&%)#2/%0 #/+ %4 )*62*3* # 1*)&4/ %8*)*=)4. 2= &,$8 )*&%)#2/% 2& 266*E#6F

;4 @,&%2=7 %8* E)#/% 4= %8* 1*%2%24/0 %8* )*&%)#2/% 4= 629*)%7 .,&% 9* #/ 266*E#6 #/+ 2/346,/%#)7

+*1)23#%24/ 4= =)**+4. 4= #$%24/F ;8* 266*E#6 )*&%)#2/% 4= 629*)%7 .,&% 9* #$%,#6 #/+ *==*$%23*0

/4% .*)*67 /4.2/#6 4) .4)#6F

j4 $4,)% 2& *.145*)*+ #& # @,+2$2#6 #,%84)2%7 %4 $4.1*6 # 8,&9#/+ %4 623* 52%8 82&

52=*F Q43*)%,)* $#//4% 9* */=4)$*+ 97 $4.1,6&24/ 4= # 5)2% 4= 7+1"+( .#,$2($#))2*+ 4,% 97

&8*)2==& 4) 97 #/7 4%8*) .*&/* 1)4$*&&F ;8#% 2& # .#%%*) 9*74/+ @,+2$2#6 #,%84)2%7 #/+ 2& 9*&%

6*=% %4 %8* .#/ #/+ 54.#/D& =)** $842$*F ;8*)*=4)*0 # 1*%2%24/ =4) 5)2% 4= 8#9*#& $4)1,& 2&+*/2*+F

*:E?6I7GO


20/48

/P6I6 WM%G&4EGM4& %&' +/

D'*' (:' >>LC=0 YGK5?65P >,B >11L

"#$%&'

R)%2$6* fc` :8262112/* a644.2/E P266& 64#/ =)4. 1*%2%24/*) R7#6# K/3*&%.*/%F R& #/

#++*+ &*$,)2%7 =4) %8* $)*+2% 62/* *C%*/+*+ %4 :aP0 )*&14/+*/% R6=)*+4 Q82/E p SC*$F e:0

*C*$,%*+ &*$,)2%7 #E)**.*/%& #/+ .#B2/E 82.&*6= @42/%67 #/+ &*3*)#667 #/&5*)#96* 52%8

:aPD& 2/+*9%*+/*&& %4 R7#6# K/3*&%.*/%&F:aP =#26*+ %4 1#7 %8* 64#/F ;8,&0 R7#6# K/3*&%.*/%& =26*+ # $#&* =4) &,. 4= .4/*7

#E#2/&% :aP #/+ R6=)*+4 Q82/EF ;8* 645*) $4,)% 2&&,*+ # 5)2% 4= *C*$,%24/ 4= 1*/+2/E #11*#6F

;8*)*#=%*)0 +*1,%7 &8*)2== P#E@4 $#,&*+ 2&&,#/$* #/+ &*)32$* ,14/ )*&14/+*/%&N&14,&*& 4=

# /4%2$* 4= &8*)2== * 4/ %8)** 4= %8*2) $4/@,E#6 1)41*)%2*&F

:)23#%* )*&14/+*/%&0 &14,&*& Q82/E0 =26*+ # $#&* 4= 2/@,/$%24/ #E#2/&% 1*%2%24/*)&

#66*E2/E %8#% 1*%2%24/*)& $#//4% */=4)$* %8* @,+E.*/% #E#2/&% $4/@,E#6 1#)%/*)&821 6*32*+ 4/

%8* E)4,/+ %8#% %8* &,9@*$% 64#/ +2+ /4% )*+4,/+ %4 %8* 9*/*=2% 4= %8* + $4/@,E#6

1#)%/*)&821F G14/ #1162$#%24/ 4= 1)23#%* )*&14/+*/%&0 %8* 645*) $4,)% 2&&,*+ # %*.14)#)7

)*&%)#2/2/E 4)+*) %4 1)*3*/% P#E@4 =)4. 1)4$**+2/E 52%8 %8* */=4)$*.*/% 4= %8* 5)2% 4=

*C*$,%24/ #/+ 52%8 %8* * 4= %8* + 1)41*)%2*& #% 1,962$ #,$%24/F

K&&,*'

A8*%8*) 4) /4% 64#/ #$L,2)*+ 97 :aP =)4. R7#6# K/3*&%.*/%& #& E,#)#/%**+ 97R6=)*+4 Q82/E 9* )*+4,/+*+ %4 %8* $4/@,E#6 1#)%/*)&821 4= %8* &14,&*&F

O,62/E'

;8* 8,&9#/+ #/+ %8* 52=* $#/ */E#E* 2/ #/7 6#5=,6 */%*)1)2&* 4) 1)4=*&&24/F A826*

2% 2& 9,% /#%,)#6 =4) %8* 8,&9#/+ #/+ %8* 52=* %4 $4/&,6% *#$8 4%8*)0 %8* 6#5 +4*& /4% .#B* 2%

# )*L,2)*.*/% %8#% # &14,&* 8#& %4

new family code digest

Documents