ID]QHWIDVOHVHQ (TCPMHWTVGT #NNIGOGKPG <GKVWPI )OD*,WDKNÀWOUCPIGDQV (TCPMHWTV CO /CKP&CVGPUEJWV\JKPYGKU &KG (TCPMHWTVGT #NNIGOGKPG <GKVWPI )OD GNNGTJQHUVTC»G s (TCPMHWTV CO /CKP CWEJ JCPFGNPF FWTEJ KJTG DGCWHVTCIVGP &KGPUVNGKUVGT KUV XGTCPVYQTVNKEJ HØT FGP
5EJWV\ WPF FKG 5KEJGTJGKV +JTGT &CVGP 9KT XGTCTDGKVGP +JTG RGTUQPGPDG\QIGPGP &CVGP \WT #DYKEMNWPI FGU #DQPPGOGPVUXGTVTCIGU
#TV #DU D &5)81 &COKV YKT 5KG ØDGT WPUGTG #PIGDQVG
KPHQTOKGTGP MÒPPGP XGTCTDGKVGP YKT +JTG CPIGIGDGPGP &CVGP CW»GTFGO HØT GKIGPG -WPFGPCPCN[UGP WPF 2QUVYGTDWPI
#TV #DU H &5)81 /KV +JTGT LGFGT\GKV HØT FKG <WMWPHV YKFGTTWƃKEJGP
'KPYKNNKIWPI KPHQTOKGTGP YKT 5KG CWEJ VGNGHQPKUEJ WPFQFGT RGT '/CKN YGTDNKEJ
#DU 0T 79) #TV #DU C &5)81 9KT KPHQTOKGTGP 5KG RGT '/CKN ØDGT WPUGTG #PIGDQVG FKG
FGPGP XQP +JPGP DGUVGNNVGP ÀJPNKEJ UKPF WO +JPGP RCUUGPFG #PIGDQVG CP\W\GKIGP
#DU 79) #TV #DU H &5)81 &GO MÒPPGP 5KG LGFGT\GKV \W $CUKUVCTKHGP YKFGTURTGEJGP
+JT 9KFGTURTWEJU9KFGTTWHUTGEJV 9GPP 5KG FGT 8GTCTDGKVWPI +JTGT &CVGP HØT 9GTDG\YGEMG YKFGTURTGEJGP QFGT GKPG GTVGKNVG 'KPYKNNKIWPI YKFGTTWHGP OÒEJVGP IGPØIV GKPG MWT\G 0CEJTKEJV CP
FCVGPUEJWV\"HC\PGV QFGT CP QI 2QUVCFTGUUG #DV &CVGPUEJWV\9GKVGTG +PHQTOCVKQPGP \WO &CVGPUEJWV\KPUDGUQPFGTG \W +JTGP 4GEJVGP GTJCNVGP 5KG WPVGT YYYHC\PGVFCVGPUEJWV\
'KPYKNNKIWPIGP 8QTVGKNUCPIGDQVG FGT (TCPMHWTVGT #NNIGOGKPG <GKVWPI )OD*
'KPNCFWPIGP \W .GUGTDGHTCIWPIGP QFGT )GYKPPURKGNGP UQYKG +PHQTOCVKQPGP
\W CPFGTGP 8GTNCIURTQFWMVGP OÒEJVG KEJ
LGFGT\GKV YKFGTTWƃKEJ IGTPG YKG
HQNIV XQP FKGUGT CWEJ FWTEJ KJTG &KGPUVNGKUVGT GTJCNVGP &CVWO 7PVGTUEJTKHV8QTPCOG0COG )GDWTVUFCVWO5VTC»G0T2.< 1TV6GNGHQP '/CKN 9 GPPKEJFKG(# 5 PCEJ 9 QEJGPYGKVGTNGUGPOÒEJVGDTCWEJGKEJPKEJVU\WVWP+EJGTJCNVGFCPPFKG 2 TKPV#WUICDG\WOOQPCVNKEJGP 2 TGKUXQP\WT\GKVaD\YFKG&KIKVCN#WUICDGKPMNWUKXG
( (#< 0 ' 6 MQORNGVV\WOOQPCVNKEJGP 2 TGKUXQP\WT\GKVa+EJMCPPLGFGT\GKVOKVGKPGT(TKUVXQP 6 CIGP\WO/QPCVUGPFGIGIGPØDGTFGO 8 GTNCI(TCPMHWTVGT#NNIGOGKPG<GKVWPI)OD*
*GNNGTJQHUVTC»Gs(TCPMHWTVCO/CKPMØPFKIGP/GKP)GUEJGPMGTJCNVGKEJPCEJ#WUINGKEJFGT 4 GEJPWPI.KGHGTWPIPWTUQNCPIGFGT 8 QTTCVTGKEJV 9 GPPKEJPCEJ 9 QEJGPPKEJV
YGKVGTNGUGPOÒEJVGVGKNGKEJFKGUFGO 8 GTNCIURÀVGUVGPUGKPG 9 QEJGXQT.KGHGTGPFGUEJTKHVNKEJOKV&CU#PIGDQVIKNVPWTKPPGTJCND&GWVUEJNCPFU(CNNUKEJCW»GTJCNDFGU<WUVGNNIGDKGVUFGT(TCPMHWTVGT
#NNIGOGKPGP 5 QPPVCIU\GKVWPIYQJPGGTJCNVGKEJCWVQOCVKUEJ)WVUEJGKPGRGT '/CKN WPFQFGT RGT 6GNGHQP,C KEJ \CJNG DGSWGO RGT 5'2#.CUVUEJTKHVOCPFCV +$#0
+JTG +$#0 HKPFGP 5KG CWEJ CWH +JTGO -QPVQCWU\WI &CVWO 7PVGTUEJTKHV +EJ \CJNG RGT 4GEJPWPI 5'2#.CUVUEJTKHVOCPFCV +EJ GTOÀEJVKIG FKG (TCPMHWTVGT #NNIGOGKPG <GKVWPI )OD*
<CJNWPIGP XQP OGKPGO -QPVQ OKVVGNU .CUVUEJTKHV GKP\W\KGJGP <WINGKEJ YGKUG KEJ OGKP
-TGFKVKPUVKVWV CP FKG XQP FGT (TCPMHWTVGT #NNIGOGKPG <GKVWPI )OD* CWH OGKP -QPVQ
IG\QIGPGP .CUVUEJTKHVGP GKP\WNÒUGP *KPYGKU +EJ MCPP KPPGTJCND XQP 9QEJGP DGIKP
PGPF OKV FGO $GNCUVWPIUFCVWO FKG 'TUVCVVWPI FGU DGNCUVGVGP $GVTCIGU XGTNCPIGP 'U
IGNVGP FCDGK FKG OKV OGKPGO -TGFKVKPUVKVWV XGTGKPDCTVGP $GFKPIWPIGP &KG /CPFCVU
TGHGTGP\ YKTF UGRCTCV OKVIGVGKNV )NÀWDKIGT+&0T &'(#<
9KFGTTWHUDGNGJTWPI9KFGTTWHUTGEJV 5KG JCDGP FCU 4GEJV FKGUGP 8GTVTCI DKPPGP 6CIGP
QJPG #PICDG XQP )TØPFGP \W YKFGTTWHGP #WUHØJTNKEJG +PHQTOCVKQPGP \WO 9KFGTTWHUTGEJV
WPVGT YYYHC\PGVYKFGTTWH$XVI¿OOHQ $EVFKLFNHQ )$=-XELO§XPVDQJHERW VLFKHUQ&RXSRQ HLQVHQGHQ RGHU EHVWHOOHQ XQWHU ,C KEJ NGUG FKG (TCPMHWTVGT #NNIGOGKPG 5QPPVCIU\GKVWPI9QEJGPNCPI HØT PWT aWPF GTJCNVG FCU GPMV IGFTWEMV QFGT FKIKVCN KPMN (
(#<0'6 MQORNGVV VSDUHQ%LV]X#RRNG VJG #RRNG .QIQ K2CF CTG 6TCFGOCTMU QH VJG #RRNG +PE TGI KP 75 CPF QVJGT EQWPVTKGU#RR 5VQTG KU C 5GTXKEG OCTM QH #RRNG +PE4XDOLW§W LVW ]HLWORV-HW]W GLH )$6 :RFKHQ ]XP -XELO§XPVSUHLV OHVHQ-XELO§XPV*HVFKHQN
([NOXVLYHV )$=7DVVHQ6HW I¿U 6LH *5$7,6'THTGWGP 5KG UKEJ CP FGO GZMNWUKXGP (#<6CUUGP5GV KP HQTOUEJÒPGO
&GUKIP CWU -CTNUDCFGT 2QT\GNNCP \WO LÀJTKIGP ,WDKNÀWO VSDUHQ24 (9