þ(ã7,1$
GH
HQ
IU
LW
HV
SW
QO
VY
QR
GN
IL
WU
SO
FV
KX
KH
EJ
UX
XN
HO
DU
ā'RSRUXþHQt
SURVLOQČ]NDGHĜHQêYRXV]DGQtNOLGRYiSRORKDYČWãtY]GiOHQRVWPH]L]XE\
SURQRUPiOQtYRXVVWĜHGQtNOLGRYiSRORKD
SURMHPQêYRXVSĜHGQtNOLGRYiSRORKDPHQãtY]GiOHQRVWPH]L]XE\
ā3UR]DVWĜLKiYiQtYRXVĤSRXåLMWHSĜtVWURMãLNPRXSORFKRXKĜHEHQRYpKRQiVWDYFHREUD
YHćWHMHMSRGpOSRNRåN\=DVWĜLKiYHMWHYåG\SURWLVPČUXUĤVWXYRXVĤ
ā=EêYDMtFtQH]DVWĜLåHQpYRXV\PĤåHWH]DVWĜLKQRXWSRPRFtKĜHEHQH.WRPX~þHOXVHMPČWH
KĜHEHQRYêQiVWDYHFREU
ā)XQNFH0HPRU\'RNXGQHQtSRXåLWUHJXOiWRUGpON\VWĜLKX]ĤVWiYi]DFKRYiQDQDV]DYHQp
GpONDVWĜLKXLNG\åE\OPH]LWtPRGHEUiQKĜHEHQRYêQiVWDYHFQDSĜtNODGNYĤOLGRVWĜLåHQt
NRQWXU\
6WĝtKiQtEH]KĝHEHQRYpKRQiVWDYFH
ā1iVWUþQêKĜHEHQVXQGHMWHYåG\SĜLWYDURYiQtD~SUDYČYRXVĤDN]DVWĜLåHQtNQtUNX
ā3ĜL]DURYQiYiQtNRQWXURWRþWHSĜtVWURMDQDVDćWH]DVWĜLKiYDFtQĤåURYQČREUDRGWDKXMWHMHM
YNUiWNêFKSRK\EHFKRGYRXVĤ
þLäWčQtD~GUæED
ā1HQDPiþHMWHSĜtVWURMGRYRG\
ā3RNDåGpPSRXåLWtVHMPČWHKĜHEHQRYêQiVWDYHFDþLVWtFtPNDUWiþNHPRGVWUDĖWH]RWYRUX
SRX]GUDD]HVWĜLKDFtKREORNX]E\WN\YODVĤREU.WRPX~þHOXVWĜLKDFtEORNVHMPČWH
REUD
ā1DEtMHFtNRQWDNW\QDSĜtVWURMLDVWRMiQNXXGUåXMWHWUYDOHYþLVWRWČ
ā3ĜtVWURMSRX]HRWĜHWHPČNNêPSĜtSDGQČPtUQČYOKNêPKDGĜtNHP
1HSRXåtYHMWHUR]SRXãWČGODDþLVWLFtSUiãN\
ā
3URGREUëDGORXKRGREëVWĝLKDFtYëNRQMHGĥOHæLWpVWĝLKDFtEORNSUDYLGHOQčSRNDæGpP
SRXæLWtROHMRYDWREU
.WRPXSRXåtYHMWHYåG\YêKUDGQČROHMQDVWĜLKDFtEORNREMþ
PO
ā2OHMSURVWĜLKDFtEORNNRXStWHXVYpKRREFKRGQtNDQHERYQDãHPVHUYLVQtPVWĜHGLVNX
ā3RNXGSRGHOãtPSRXåtYiQtLSĜHVSUDYLGHOQpþLãWČQtREUDROHMRYiQtREUVWĜLKDFtYêNRQ
NOHVQHPČOLE\VWHVWĜLKDFtEORNY\PČQLWREU
1iKUDGQtVWĜLKDFtEORNREMHGQDFtþtVORNRYNRYSODVW
ā1iKUDGQtVWĜLKDFtEORNNRXStWHXVYpKRREFKRGQtNDQHERYQDãHPVHUYLVQtPVWĜHGLVNX
ā1iVWUþQêKĜHEHQVORXåtSRSRXåLWtDY\þLãWČQtSĜtVWURMH]iURYHĖMDNRRFKUDQDQRåĤ
9ëPčQDVWĝLKDFtKREORNX
ā9\SQČWHSĜtVWURMWODþtWNHPSUR]DSQXWtY\SQXWtREUE
ā6WĜLKDFtEORNPĤåHWHRGVWUDQLWMHKRRGWODþHQtPYHVPČUXãLSN\]SRX]GUDSĜtVWURMHREUD
ā3ĜLRSČWRYQpPSRXåLWtVWĜLKDFtEORNQDVDćWHKiNHPGR~FK\WXQDSRX]GUXD]DWODþWHMHMN
SRX]GUXDå]DNODSQHREUE
/LNYLGDFHY]HPtFK(8
3ĜtVWURMVHQHVPtOLNYLGRYDWVSROXVGRPRYQtPRGSDGHP
9UiPFLVPČUQLFH(8ROLNYLGDFLHOHNWULFNêFKDHOHNWURQLFNêFKSĜtVWURMĤPĤåHWHSĜtVWURM
EH]SODWQČRGHY]GDWYNRPXQiOQtFKVEČUQiFKQHERYHNRORJLFNêFKGYRUHFKěiGQi
OLNYLGDFHVORXåtNRFKUDQQČåLYRWQtKRSURVWĜHGtDEUiQtPRåQêPãNRGOLYêP~þLQNĤPQD
þORYČNDDåLYRWQtSURVWĜHGt