Management Module 2012 Actual

74
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Transcript of Management Module 2012 Actual

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)$0$G-:-0A`( ^A =7 $&7/ %7-6 =0 A,- A,-/.N _2,- K$&$0*-6 @*/.-*$.6`( 2,- *N*&- =0*&%6-6 _#&$0Y P/Y I,-*>Y E*A`

=0=A=$A=<-7( 2,-7- =0=A=$A=<-7 [=&& B-0-4=A $&7/ A,- [/.> [=A, A,- G/$&7],=-.$.*,N =0 $ A%.B%&-0A [/.&6(

2,- K$&$0*-6 @*/.-*$.6 9/=0A7 /%A A,$A 5#^s7 $.- .-&-<$0A A/ 4/.: [=A, .-79-*A A/ 4/%. :$=0 4$*A/.7 =0 /.6-. A/

*.-$A- A,- B$&$0*-6 */:9$0NW

-  Z=0$0*=$& .-&$A-6 5#^s7 $.- .-&-<$0A =0 /.6-. A/ :$0$G- A,- 4=0$0*=$& 6-<-&/9:-0A /4 A,- */:9$0N(

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-  I%7A/:-. .-&$A-6 5#^ s7 $.- .-&-<$0A =0 /.6-. A/ 7%99/.A 9/7=A=<- 6-<-&/9:-0A /4 A,- 4=0$0*=$& .-&$A-6

5#^s7(

-  #./*-77 .-&$A-6 5#^s7 $.- .-&-<$0A =0 /.6-. A/ 7%99/.A 9/7=A=<- 6-<-&/9:-0A /4 A,- *%7A/:-. .-&$A-6

5#^s7(

-  50/[&-6G- .-&$A-6 5#^`7 $.- .-&-<$0A =0 /.6-. A/ 7%99/.A 9/7=A=<- 6-<-&/9:-0A /4 A,- 9./*-77 .-&$A-6

5#^s7(

^0 A,=7 [$N A,- */:9$0N 6-<-&/97 $ [-&&]B$&$0*-6 */:9-A=A=<- 7A.-0GA, =0 A,- 4%A%.-(

!>* ?0'((2() 2(2,2',2F*9

#&$00=0G =7 A,- 4=.7A 7A$G-( #&$00=0G $*A=<=A=-7 A$>-0 [=A,=0 A,- /.G$0=\$A=/0 $.- -77-0A=$& =0 /.6-. A/ *.-$A- $

B$&$0*- B-A[--0 [,$A =7 6/0- =0 A,- 6=44-.-0A 6-9$.A:-0A7( 2,-.- :%7A B- $ B$&$0*- B-A[--0 -V9-*A$A=/07 A/

7$&-7 $06 7/%.*=0G =0 /.6-. A/ $</=6 9./B&-:7 /4 7,/.A$G-7 /. /<-.9./6%*A=/0 /4 9./6%*A7( EA A,- 7$:- A=:-

:$0$G-:-0A [$0A A/ 7-*%.- A,$A 6=77$A=74$*A=/0 4./: A,- 9/=0A /4 <=-[ /4 $&& =0A-.-7A G./%97 $.- :=0=:=\-6(

!>* .-2() 2(2,2',2F*9

P/=0G =7 A,- 7-*/06 7A$G-( e$<=0G :$6- A,- 9&$07 4/. [,=*, 9./6%*A7 A/ 7-&& A/ [,=*, */7A%:-.7 $06 [,=*,

6-&=<-.=-7 A/ 7/%.*- 4./: [,=*, 7%99&=-.7 =7 A,- 9.-]7A$G- 4/. $*A%$&&N B-=0G $B&- A/ 9-.4/.: A,- 6$=&N ./%A=0-7

/0 $ 6$N A/ 6$N B$7=7( )$0$G-:-0A [$0A7 A/ 7-*%.- A,$A 9&$00-6 $*A=/07 $.- B-=0G =0=A=$A-6(

!>* =>*=E2() 2(2,2',2F*9

I,-*>=0G =7 A,- A,=.6 7A$G-( )$0$G-:-0A */0A./&7 A,$A $*A=/07 A$>-0 $*A%$&&N 6/ $*,=-<- -V9-*A-6 .-7%&A7( 2,=7

=7 =:9/.A$0A =0 /.6-. A/ >--9 A,- */:9$0N /0 A,- A.$*>( I/:9$0=-7 :$N A$>- */..-*A=0G $*A=/0 =4 .-7%&A7 $.-4&%*A%$A=0G 4./: A,- -V9-*A-6 .-7%&A7 [=A,=0 A,- [-->Y A,- :/0A,Y A,- g%$.A-. /4 $ N-$.Y -<-.N Q :/0A, /.

-<-.N !C :/0A, 6-9-06=0G /0 A,- A%.B%&-0*- /4 A,- :$.>-A(

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.-7%&A7 $.- 0/A :-A( I/..-*A=0G =0=A=$A=<-7 :$N B- A/ */..-*A -V9-*A$A=/07 [=A,=0 [/.> 9&$07 $06 B%6G-A7 /. [=A,

.-79-*A A/ A,- 6$=&N [/.> $*A=/07 A$>-0 =0 A,- 6=44-.-0A 6-9$.A:-0A7( ̂ A =7 -77-0A=$& A,$A $*A%$& $*,=-<-6 .-7%&A7

:--A A,- -V9-*A$A=/07(

2,- #PIE]*N*&- =7 :-$0A A/ B- 9-.4/.:-6 /0 $ */0A=0%/%7 B$7=7(

6'4* 4,/.I7 +$7N'-A

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2,- K$&$0*-6 @*/.-*$.6Y X/B-.A @( 5$9&$0 $06 P$<=6 #( j/.A/0( e$.<$.6 K%7=0-77 @*,//& #.-77( ^@Kj D]URMUJ]

QM!]H

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N9:  ;('0I42() b M*F*0-?2() c/42(*44 5,3',*)2*4

2,- A$7> /4Y 8$06 7/:- 7$N $.A /4? 6-<-&/9=0G $06 =:9&-:-0A=0G B%7=0-77 7A.$A-G=-7 $.- $A A,- */.- /4 :$0$G=0G

$ 7%**-774%& -0A-.9.=7-( E */:9$0N 7A.$A-GN 4/.:7 A,- G$:- 9&$0 %7-6 BN :$0$G-.7 A/ */06%*A /9-.$A=/07Y

7A$>- /%A $ :$.>-A 9/7=A=/0Y G./[ A,- *%7A/:-. B$7-Y G$=0 */:9-A=A=<- $6<$0A$G-Y B-$A A,- */:9-A=A=/0 1 -$.0

9./4=A7(

KN 6-<-&/9=0G $ 7A.$A-GNY :$0$G-:-0A $.- 7$N=0G nE:/0G $&& A,- 9$A,7 [- */%&6 ,$<- *,/7-0 [- ,$<- 6-*=6-6

A/ :/<- =0 A,=7 6=.-*A=/0Y 4/*%7 /0 A,-7- :$.>-A7 1 A,-7- *%7A/:-.7Y $&&/*$A- /%. .-7/%.*-7 =0 A,=7 [$N A/

*/:9-A- $06 .-&N /0 A,=7 B%7=0-77 :/6-& A/ $*,=-<- /%. G/$&7(

2,./%G,/%A N/%. A=:- $A 2+5F $06 =0 A,- .-$& [/.&6Y N/% [=&& B- *$&&-6 %9/0 A/ $0$&N7-7 1 6-<-&/9 7A.$A-G=-7

$06 A,=7 7-*A=/0 [=&& 9./<=6- N/% [=A, A,- A//&7 A/ 6/ 7/(

N98 !>* '??3-'=>

@A.$A-GN 6-<-&/9:-0A 4/&&/[7 A,.-- 7A-97W $0$&N7=7Y 7A.$A-GN 6-<-&/9:-0A $06 =:9&-:-0A$A=/0( )$0N

7A.$A-G=-7 4$=&Y 0/A B-*$%7- A,-N $.- 9//. 7A.$A-G=-7Y .$A,-. A,-N $.- 9//.&N =:9&-:-0A-6( @/ [,$A :$>-7 $

G//6 7A.$A-GNh S-&& :%*, ,$7 B--0 [.=AA-0 $B/%A A,=7 B%A A,-.- 6/-7 7--: A/ B- 4/%. */::/0 4$*A/.7 A,$A $.-

*/06%*=<- A/ 7%**-77Y 8L.$0AY CD!C? W

!(  L/$&7 A,$A $.- 7=:9&-Y */07=7A-0A $06 &/0G]A-.:( )$0$G-:-0A ,$<- $ 7=0G&-]:=06-6 */::=A:-0A A/

G/$&7 A,$A $.- *&-$. $06 9%.7%-6 */07=7A-0A&N /<-. $ .-&$A=<-&N &/0G]A-.:(

C(  E 9./4/%06 %06-.7A$06=0G /4 A,- */:9-A=A=<- -0<=./0:-0A( E0 =07=G,A4%& $99.-*=$A=/0 /4 A,- */0A-VA =0

[,=*, A,- /.G$0=\$A=/0 /9-.$A-7(

H(  E0 /Bb-*A=<- $99.$=7$& /4 .-7/%.*-7( E 7A.$A-GN A,$A -V9&/=A7 =0A-.0$& 7A.-0GA,7 $06 9./A-*A7 $0N $.-$ /4

[-$>0-77(

J(  +44-*A=<- =:9&-:-0A$A=/0( 2,=7 =0</&<-7 -44-*A=<- &-$6-.7,=9Y 6-*=7=/0 :$>=0G 1 */::%0=*$A=/0 $06

A,- $B=&=AN A/ :$=0A$=0 &/N$&AN 1 */::=A:-0A(

M( 

Z=.7A /4 $&&Y [- [=&& B-G=0 BN 6-4=0=0G [,$A 7A.$A-GN =7( 2,-.- $.- :$0N 6-4=0=A=/07W

!"#$"%&'( $ *+$,- .%"/01 0# 2%#3%2 04 $5"30,2 1%23&,%1 "0 $5/3%6% $ 2*%53435 &0$+ 0# %44%5"7 8 90#12.3"/

:35"30,$#'7

)/7A 6-4=0=A=/07 4/*%7 $./%06 $*,=-<=0G /.G$0=\$A=/0$& G/$&7 BN A,- -44-*A=<- $&&/*$A=/0 /4 .-7/%.*-7(

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A/ $7 A,- I/:9-A=A=<- @A.$A-GN(

I/.9/.$A- @A.$A-GN */0*-.07 A,- */:9$0N`7 7*/9- =0 A-.:7 /4 A,- =06%7A.=-7 1 :$.>-A7 =0 [,=*, =A /9-.$A-7(

X-79/07=B=&=AN 4/. A,- I/.9/.$A- @A.$A-GN 0/.:$&&N &=-7 [=A, 7-0=/. :$0$G-:-0A( 2,- 7/]*$&&-6 nIo]&-<-&Y 8I+FYIZFY IFF -A*(?( 2,- 7/.A /4 6-*=7=/07 A,-N A$>- $.-Y 7,/%&6 A,- */:9$0N =0<-7A =0 6=<-.7=4=*$A=/0Y :-.G-.7 1

$*g%=7=A=/0Y <-.A=*$& =0A-G.$A=/0 -A*( 2,-N */07=6-. 7%*, g%-7A=/07 $7Y n[,=*, =06%7A.=-7 $06 :$.>-A7 7,/%&6 [-

B- =0ho( S,-.- $06 ,/[ 7,/%&6 [- */:9-A-h

K%7=0-77 7A.$A-GN =7 :$=0&N */0*-.0-6 [=A, ,/[ A,- */:9$0N */:9-A-7 [=A,=0 $ 9$.A=*%&$. =06%7A.N /. :$.>-A(

2,=7 AN9- /4 7A.$A-GN =7 /4A-0 */0*-.0-6 [=A, ,/[ A/ 6-<-&/9 1 :$=0A$=0 $ */:9-A=A=<- $6<$0A$G- /<-. =A7

.=<$&7(

I&/7-&N .-&$A-6 A/ 7A.$A-GN =7 A,- */0*-9A /4 A,- */:9$0N`7 B%7=0-77 :/6-&( 2,=7 =7 $0 /<-.<=-[ /4 ,/[ A,-

B%7=0-77 :$>-7 :/0-N 4./: $ 9$.A=*%&$. B%7=0-77( @9-*=4=*$&&NY A,- B%7=0-77 :/6-& 9./<=6-7 $0 /<-.<=-[ /4 A,-

.-<-0%-]*/7A]9./4=A -*/0/:=*7 /4 A,- 7A.$A-GN( 2,- B%7=0-77 :/6-& *$0 B- %7-6 $7 $ A-7A /4 A,- 7A.$A-GN

$07[-.=0G A,- g%-7A=/0W 6/-7 A,- 7A.$A-GN :$>- 7-07- 4./: $ 9./4=A G-0-.$A=/0 9-.79-*A=<-(

KN :-$07 /4 $0 -V$:9&-Y */07=6-. A,- <-.N 6=44-.-0A B%7=0-77 :/6-&7 /4 )=*./7/4A $06 T=0%VW

&2=3-4-B, C2(/V

+:9&/N $ *$6.- /4 7>=&&-6 9./G.$::-.7 A/ 6-<-&/9

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6/[0&/$6 =AY 8B%A *,$.G- A,/7- [,/ 9.-4-. A,- IP]

XF) <-.7=/0?(

@-&& A,- .-7%&A=0G /9-.$A=0G 7N7A-: A/ #I

:$0%4$*A%.-.7 1 %7-.7 $A $AA.$*A=<- 9.=*-7Y 8uRM]!DD?(

)/7A */7A7 $.- 4=V-6 1 7/ -$*, 7$&- G-0-.$A-7 :$.G=0(

)$>- A,- 7/%.*- */6- /9-0 $06 $<$=&$B&- A/ $&& %7-.7Y

$&&/[=0G A,-: A/ *.-$A- $ *%7A/:=\-6 <-.7=/0 /4 T=0%V(

#./<=6- A-*,0=*$& 7%99/.A $A 0/ */7A( +:9&/N $ *$6.- /4 A-*,0=*$& 7%99/.A 9-.7/00-& [,/

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S,=*, B%7=0-77 :/6-& =7 B-7Ah S-&&Y )=*./7/4A =7 A,- [/.&6`7 B=GG-7A */:9$0N(

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K%7=0-77 7A.$A-G=-7 ,$<- &$.G-&N B--0 6.=<-0 BN A,- 9.$*A=*$& .-g%=.-:-0A7 /4 B%7=0-77f A,- 4/&&/[=0G A$B&-

7,/[7 ,/[ B%7=0-77 7A.$A-GN ,$7 6-<-&/9-6 /<-. A,- &$7A QD N-$.7 /. 7/W

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2,- .=7- /4 I/.9/.$A- #&$00=0G 1 n2,-

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A%.B%&-0A B%7=0-77 -0<=./0:-0A(

@,=4A =0 -:9,$7=7 4./: 9&$00=0G A/

7A.$A-GN :$>=0G( E :/<- 4./: 6-A$=&-6

:$0$G-:-0A 9&$00=0G A/ $ 4/*%7 /09/7=A=/0=0G A,- */:9$0N =0 :$.>-A7

.-&$A=<- A/ */:9-A=A/.7 =0 /.6-. A/

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6-7=G0 6=44-.-0A 7A.$A-G=-7 A/ $*,=-<-

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+:9,$7=7 /0 =0A-.0$& .-7/%.*-7 1

*$9$B=&=A=-7 -0$B&-6 */:9$0=-7 A/

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•  ^0 :$0$G-:-0A7 $.A=*%&$A=/0 /4 7A.$A-GN =0 79--*,-7Y */04-.-0*-7Y [.=AA-0 :$A-.=$& 1 A,- */:9$0N

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[-B7=A-(

)$0N /.G$0=7$A=/07 7-- <$&%- =0 */::%0=*$A=0G A,-=. 7A.$A-GN A/ -:9&/N--7Y 7%99&=-.7Y *%7A/:-.7Y =0<-7A/.7

$06 B%7=0-77 9$.A0-.7( I/&&=07 1 X%*>&$06 8CDDU? ,$<- =6-0A=4=-6 $ ,=-.$.*,N /4 7A.$A-GN 7A$A-:-0A7W

•  2,- :=77=/0 7A$A-:-0A O A,- /.G$0=7$A=/0`7 9%.9/7-( nS,N [- -V=7Ao(

•  2,- <$&%-7 7A$A-:-0A O nS,$A [- B-&=-<- =0 $06 ,/[ [- [=&& B-,$<-o(

•  2,- <=7=/0 7A$A-:-0A O nS,$A [- $79=.- A/ B-o(

•  2,- 7A.$A-GN 7A$A-:-0A O nS,$A /%. */:9-A=A=<- G$:- 9&$0 [=&& B-o(

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P.=<=0G Z/.*-7W A,-7- $.- A,- :/7A 6/:=0$0A 6.=<-.7 /4 *,$0G-( P.=<=0G 4/.*-7 $0$&N7=7 =7 6/0- =0 A[/ 7A-97W

!(  ^6-0A=4N=0G A,- 6.=<=0G 4/.*-

C(  E77-77=0G A,- =:9$*A A,-N [=&& ,$<- /0 A,- =06%7A.N(

)/7A 6.=<-.7 /4 *,$0G- 4$&& =0A/ A,-7- *$A-G/.=-7W

•  2,- ^0A-.0-A 1 0-[ -]*/::-.*-

•  2,- =:9$*A /4 7/*=$& :-6=$

•  ^0*.-$7=0G G&/B$&=\$A=/0

•  I,$0G-7 =0 &/0G]A-.: =06%7A.N G./[A, .$A-

•  I,$0G-7 =0 [,/ B%N7 $ 9./6%*A 1 ,/[ A,-N %7- =A

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•  #./6%*A =00/<$A=/0

•  2-*,0/&/G=*$& *,$0G-

•  P=44%7=/0 /4 >0/[],/[

•  )$.>-A =00/<$A=/0

•  +0A.N /. -V=A /4 :$b/. */:9-A=A/.7

•  I,$0G-7 =0 */7A /. -44=*=-0*N

•  I,$0G-7 =0 B%N-. 9.-4-.-0*-7

•  X-G%&$A/.N *,$0G-7

•  I,$0G-7 =0 7/*=-A$& */0*-.07Y $AA=A%6-7 1 &=4-7AN&-7

•  I,$0G-7 =0 %0*-.A$=0AN $06 $77/*=$A-6 B%7=0-77 .=7>

@/%06 $0$&N7=7 /4 6.=<=0G 4/.*-7 =7 $ 9.-.-g%=7=A- /4 7A.$A-GN $06 .-g%=.-7 :$0$G-.7 */0A=0%$&&N 7*$0 A,-

-0<=./0:-0A(

i/*4,2-( 1-/37 L>- '3* ,>* 4,3-()*4,YG*'E*4, =-+?*,2,-34]

E [$N /4 .-<-$&=0G A,- 9/7=A=/0Y 7=\- 1 A,.-$A /4 */:9-A=A/.7 =7 7A.$A-G=* G./%9 :$99=0G( E 7A.$A-G=* G./%9

*/07=7A7 /4 A,/7- */:9-A=A/.7 [=A, 7=:=&$. */:9-A=A=<- 9/7=A=/07 1 9/7=A=/07 =0 A,- :$.>-A( 2,- 9./*-6%.- =7 $7

4/&&/[7W

!(  ^6-0A=4N A,- */:9-A=A=<- *,$.$*A-.=7A=*7 A,$A 6=44-.-0A=$A- .=<$&7 [=A,=0 A,- =06%7A.NY 4/. -V$:9&-W

G-/G.$9,=* */<-.$G-Y 9.=*-cg%$&=ANY 9./6%*A &=0-Y 6=7A.=B%A=/0 *,$00-& -A*(

C(  #&/A A,- */:9$0N /0 $ A[/]<$.=$B&- :$9 %7=0G 7=0G&- /. 9$=.7 /4 6=44-.-0A=$A=0G *,$.$*A-.=7A=*7(

H(  E77=G0 */:9$0=-7 A,$A 4$&& =0 $B/%A A,- 7$:- 7A.$A-GN A/ A,- 7$:- 7A.$A-G=* G./%9(J(  P.$[ *=.*&-7 $./%06 -$*, 7A.$A-G=* G./%9Y :$>=0G A,- $.-$ /4 A,- *=.*&-7 9./9/.A=/0$& A/ A,- 7=\- /4 A,-

G./%9`7 .-79-*A=<- 7,$.- /4 7$&-7 .-<-0%-(

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J!

#$%& '( )*+&,-./0 1 #-. 23440-. 50%67-0

@A.$A-G=* G./%9 :$9

T//> 4/. [,-A,-. =06%7A.N 6.=<=0G 4/.*-7 1 */:9-A=A=<- 9.-77%.-7 4$</%. 7/:- 7A.$A-G=* G./%97 1 0/A /A,-.7(

E&7/Y [,-A,-. 9./4=A 9/A-0A=$& /4 G./%97 <$.=-7 6%- A/ 7A.-0GA,7 1 [-$>0-77-7 =0 -$*, G./%9`7 :$.>-A 9/7=A=/0(

2,- *&/7-. 7A.$A-G=* G./%97 $.- A/ -$*, /A,-. /0 A,- :$9Y A,- 7A./0G-. */:9-A=A=<- .=<$&.N A,-.- =7 B-A[--0

A,-:(

i/*4,2-( 12F*7 L>', 4,3',*)2= +-F*4 '3* 32F'04 02E*0I ,- +'E*]

I/:9$0=-7 0--6 A/ 9$N $AA-0A=/0 A/ [,$A A,-=. */:9-A=A/.7 $.- 6/=0GY $06 =:9/.A$0A&N [,$A A,-N $.- &=>-&N A/

6/ -79-*=$&&N 4/&&/[=0G N/%. 7A.$A-G=* =0=A=$A=<-7( 2,=7 :-$07 :/0=A/.=0G */:9-A=A/.7 7A.$A-G=-7( 2,-.- $.-

7-<-.$& 7/%.*-7 /4 =0A-&&=G-0*-W

•  I/:9$0N`7 $00%$& .-9/.A7

•  2,- */:9$0N`7 [-B7=A-7

•  FA,-. [-B7=A-7

•  @/*=$& :-6=$

•  K%7=0-77 :-6=$ 1 9.-77 .-&-$7-7

•  X-*-0A 79--*,-7 BN :$0$G-.7•  +V,=B=A=/07 c 4$=.7

•  I/0<-.7$A=/07 [=A, .=<$&7 *%7A/:-.7Y 7%99&=-.7Y 4/.:-. -:9&/N--7

#.-6=*A=0G $ */:9-A=A/.7 0-VA :/<- B%A A,-.- $.- 7/:- *&%-7W A,-=. 7A.$A-G=* =0A-0AY :/0=A/.=0G ,/[ [-&& A,-N

$.- 6/=0G =0 A,- :$.>-A9&$*-( ̂ 4 A,-N $.- 9-.4/.:=0G B$6&NY *,$0G- =0 A,-=. :$0$G-:-0A $06 7A.$A-GN =7 &=>-&N(

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i/*4,2-( 52V7 L>', '3* ,>* E*I B'=,-34 B-3 =-+?*,2,2F* 4/==*44]

E0 =06%7A.N`7 >-N 7%**-77 4$*A/.7 85@Z7? $.- A,- 4$*A/.7 A,$A */0A.=B%A- :/7A A/ A,- */:9$0N`7 9./79-.=AN =0 A,-

:$.>-A 9&$*-( E&& */:9$0=-7 0--6 A/ 9$N $AA-0A=/0 A/ A,-:( ^0 $ [$NY 5@Z7 $.- A,- n.%&-7o A,$A 6-*=6- [,-A,-.

$ */:9$0N [=&& B- 4=0$0*=$&&N 1 */:9-A=A=<-&N 7%**-774%&( 2,-.- $.- A,.-- g%-7A=/07 [,=*, ,-&9 =6-0A=4N $0

=06%7A.N`7 5@Z7W

•  F0 [,$A B$7=7 6/ *%7A/:-.7 *,//7- B-A[--0 */:9-A=0G B.$067c9./6%*A7h

•  S,$A .-7/%.*-7 $06 */:9-A=A=<- *$9$B=&=A=-7 6/-7 $0 /.G$0=\$A=/0 0--6 A/ ,$<- A/ B- */:9-A=A=<-&N

7%**-774%&h

•  e/[ *$0 $ */:9$0N $*,=-<- 7%7A$=0$B&- */:9-A=A=<- $6<$0A$G-h

5@Z7 *$0 B-W

2-*,0/&/GN .-&$A-6W .-7-$.*, -V9-.A=7-Y 9./6%*A =00/<$A=/0 -A*(

)$0%4$*A%.=0G B$7-6W &/[ */7A 9./6%*A=/0Y ,=G, 9./6%*A=<=ANY g%$&=AN -A*(

P=7A.=B%A=/0 .-&$A-6W &/[ 6=7A.=B%A=/0 */7AY 4$7A 6-&=<-. A=:-7 -A*(

)$.>-A=0G .-&$A-6W *%7A/:-. 7-.<=*-Y $AA.$*A=<- 9$*>$G=0GY B.-$6A, /4 9./6%*A &=0-Y ^)I -A*(

@>=&&7 .-&$A-6W [/.>4/.*- A$&-0AY >0/[],/[Y 6-7=G0 -V9-.A=7-(

F.G$0=7$A=/0$& *$9$B=&=ANW 7%9-.=/. 7N7A-:7Y 7A./0G */.9/.$A- B.$06Y :$0$G-.=$& 7>=&&(

2,-.- $.- /A,-.7 $06 5@Z7 6=44-. 4./: =06%7A.N A/ =06%7A.N(

i/*4,2-( 5*F*(7 <4 ,>* 2(./4,3I ',,3'=,2F* '(. 24 ,>*3* ,>* ?-442A202,I B-3 'A-F* 'F*3')* ?3-B2,4]

^0 G-0-.$& A-.:7Y =4 $0 =06%7A.N /<-.$&& 9./4=A7 9./79-*A7 $.- $B/<- $<-.$G-Y A,- =06%7A.N =7 */07=6-.-6

$AA.$*A=<-Y =4 9./4=A7 $.- B-&/[ $<-.$G-Y A,- .-<-.7- =7 A.%-( Z$*A/.7 A/ */07=6-.W

•  ^06%7A.N G./[A, 9/A-0A=$&

•  S=&& */:9-A=A=<- 4/.*-7 B-*/:- 7A./0G-. /. [-$>-.h

•  e/[ [=&& 6.=<=0G 4/.*-7 $44-*A 9./4=A$B=&=ANh

•  S,$A $.- A,- 9./79-*A7 4/. A,- */:9$0N`7 */:9-A=A=<- 9/7=A=/0 7,/.Ac:-6=%:c&/0G A-.:h

•  I$0 .=<$&7 B- B-$A-0 -$7=&Nh

•  2,- 6-G.-- /4 .=7> 1 %0*-.A$=0ANh

•  E.- A,-.- $0N *,$0G-7 /0 A,- [$N A,$A */%&6 :$>- A,- =06%7A.N $AA.$*A=<-c%0$AA.$*A=<-h

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i/*4,2-( "2)>,7 `-G G*00 24 ,>* ?3*4*(, 4,3',*)I G-3E2()]

^7 A,- */:9$0N $ &/[ */7A &-$6-. /. A.N=0G A/ 6=44-.-0A=$A-h ^7 A,=7 B--0 6/0- =0 $ 4/*%7-6 /. 0$../[ :$.>-A

0=*,- /. =0 $ B./$6 :$.>-A 79-*A.%:Y G-0-.$& [$Nh Z%.A,-. g%-7A=/07W

•  E.- A,- */:9$0N`7 7$&-7 G./[=0Gc7,.=0>=0G .-&$A=<- A/ A,- :$.>-A $7 $ [,/&-h

•  E.- A,- */:9$0N $AA.$*A=0G *%7A/:-.7 $A $0 $AA.$*A=<- .$A- $7 [-&& $7 .-A$=0=0G -V=7A=0G *%7A/:-.7h

•  E.- 9./4=A :$.G=07 =0*.-$7=0G /. 6-*.-$7=0Gh e/[ 6/ A,-N */:9$.- A/ */:9-A=A/.7h

•  Z=0$0*=$& .$A=/7W [,$A $.- A,- A.-067 =0 >-N .$A=/7 7%*, $7 0-A 9./4=AY XF^Y +iEY 7A/*> A%.0/<-. -A*(h e/[

6/ A,-N */:9$.- A/ */:9-A=A/.7h

•  ^7 A,- */:9$0N`7 4=0$0*=$& 7A.-0GA, 1 *.-6=A .$A=0G /0 A,- =0*.-$7- /. /99/7=A-h

•  I$0 A,- */:9$0N 6-:/07A.$A- */0A=0%/%7 =:9./<-:-0A =7 9-.4/.:$0*- :-$7%.-7 7%*, $7W %0=A */7A7Y

.-b-*A .$A-7Y *%7A/:-. *&$=:7Y -:9&/N-- .-A$=0:-0AY :/A=<$A=/0 1 7>=&& &-<-&7 $06 7/ /0(

#./B&-:7 [=A, $0N /4 A,- $B/<- [=&& &=>-&N .-g%=.- 7A.$A-G=* *,$0G-(

i/*4,2-( [2(*7 L>', '3* ,>* =-+?'(Ia4 3*4-/3=* 4,3*(),>4 '(. G*'E(*44*4 '(. 2,4 *V,*3('0 -??-3,/(2,2*4

'(. ,>3*',4]

2,- A//& %7-6 ,-.- =7 $ 5L$! '('0I424( 2,- @SF2 9./<=6-7 $0 /<-.<=-[ /4 [,-A,-. $ */:9$0N`7 9/7=A=/0 =7

4%06$:-0A$&&N ,-$&A,N /. %0,-$&A,N( 2,- $77%:9A=/0 =7 A,$A 7A.$A-GN :$>=0G -44/.A7 :%7A $=: $A 9./6%*=0G $

G//6 4=A B-A[--0 $ */:9$0N`7 .-7/%.*- *$9$B=&=ANY 87A.-0GA,7 1 [-$>0-77-7? $06 =A7 -VA-.0$& 7=A%$A=/0Y

8/99/.A%0=A=-7 1 A,.-$A7?(

2,- .-$& <$&%- /4 A,- @SF2 $0$&N7=7 =7 0/A =0 :$>=0G 4/%. 0/0]9.=/.=A=\-6 &=7A7( 2,- <$&%- =7 =0 6-A-.:=0=0G [,$A

7A/.N A,- 4/%. &=7A7 A-&& $B/%A A,- */:9$0N $06 =A7 -0<=./0:-0A$& 7=A%$A=/0 $06 [,$A $*A=/07 $.- 0--6-6(

S,-0 N/% *$..N /%A $ @SF2 $0$&N7=7Y =A =7 =:9/.A$0A A,$A N/% */0*&%6- =AY [,$A =7 A,- 7A/.N $06 [,$A $*A=/0 =7

0--6-6h E.- A,-.- .-7/%.*- G$97 A,$A 0--6 A/ B- 4=&&-6h S,=*, 4$*A/.7 $.- :/7A =:9/.A$0A 0/[ 1 =0 A,-

4%A%.-h P/ 0-[ AN9-7 /4 *$9$B=&=A=-7 0--6 A/ B- $*g%=.-6h

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I/07=6-. -VA-06=0G A,- @SF2 =0A/ $ 2FS@ $0$&N7=7(

i/*4,2-( !*(7 `-G 4,3-() 24 ,>* =-+?'(Ia4 -F*3'00 =-+?*,2,2F* ?-42,2-(]

t%-7A=/07 A/ =0<-7A=G$A- ,-.- =0*&%6-W

•  E.- A,- */:9$0N`7 */7A7 $06 9.=*-7 */:9-A=A=<-h

•  S,$A 7A.$A-G=* =77%-7 6/-7 A,- */:9$0N 4$*-h

63'B,2() ' 5,3',*)I \ 5,*? ,G-7 L>', .-*4 ' =-+?'(Ia4 4,3',*)I =-(424, -B]

j/[ A,- $0$&N7=7 ,$7 B--0 6/0-Y [- G-A A/ $*A%$&&N *.$4A=0G $ 7A.$A-GN 4/. A,- /.G$0=\$A=/0( P-9-06=0G /0 A,-

*=.*%:7A$0*-7Y $ */:9$0N`7 7A.$A-GN [=&& */07=7A /4 /0-Y /. %7%$&&N :/.- A,$0 /0-Y /4 A,- 4/&&/[=0G $*A=/07 1

=0=A=$A=<-7Y 82,/:97/0 1 @A.=*>&$06Y CDD!?W

•  E*A=/07 1 =0=A=$A=<-7 A/ /%A*/:9-A- .=<$&7(

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#$%& '( )*+&,-./0 1 #-. 23440-. 50%67-0

•  )/<-7 A/ .-$*A 1 .-79/06 A/ *,$0G=0G -VA-.0$& *=.*%:7A$0*-7(

•  E*A=/07 A/ $&A-. G-/G.$9,=* */<-.$G-(

•  E*A=/07 A/ :-.G- [=A, /. $*g%=.- $ .=<$& */:9$0N A/ 7A.-0GA,-0 A,- /.G$0=7$A=/0`7 B%7=0-77 9/7=A=/0(

•  E*A=/07 A/ 4/.: 7A.$A-G=* $&&=$0*-7 $06 */&&$B/.$A=<- 9$.A0-.7,=97]

•  E*A=/07 A/ *$9=A$&=\- /0 0-[ /99/.A%0=A=-7 /. 6-4-06 $G$=07A A,.-$A7(

•  E*A=/07 A/ 6-4=0- ,/[ A,- */:9$0N :$0$G-7 X1PY /9-.$A=/07Y 7$&-7Y :$.>-A=0GY 4=0$0*- -A*(

•  E*A=/07 A/ 7A.-0GA,-0 A,- */:9$0N`7 .-7/%.*- B$7- $06 */:9-A=A=<- $6<$0A$G-(

•  E*A=/07 A/ 6=<-.7=4N A,- */:9$0N`7 .-<-0%- B$7- $06 -0A-. 0-[ B%7=0-77-7(

•  E*A=/07 A/ /%A*/:9-A- .=<$&7(

•  E*A=/07 A/ $*,=-<- :$.>-A G./[A,(

p06-.7A$06=0G $ */:9$0N 7A.$A-GN O [,$A A/ &//> 4/.( 2,/:97/0 1 @A.=*>&$06Y CDD!

!>* 1-/3 C*F*04 -B 5,3',*)I

@A.$A-GN =7 /4A-0 6=<=6-6 =0A/ 6=44-.-0A &-<-&7W

I/.9/.$A- 8&-<-&? 7A.$A-G=-7 $.- %7%$&&N :$6- BN 7-0=/. :$0$G-:-0A $06 =7 A,- /<-.$&& G$:-9&$0 4/. A,- -0A=.-

/.G$0=$7A=/0 [,=*, :$N B- 6=<-.7=4=-6 $*./77 7-<-.$& B%7=0-77-7( 2,-7- 7A.$A-G=-7 $.- */0*-.0-6 [=A,

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-7A$B&=7,=0G 9/7=A=/07 =0 6=44-.-0A B%7=0-77-7Y $*,=-<=0G -44-*A=<- 6=<-.7=4=*$A=/0Y $*,=-<=0G */:9-A=A=<-

$6<$0A$G- <=$ *./77 B%7=0-77 7N0-.G=-7Y -7A$B&=7,=0G =0<-7A:-0A 9.=/.=A=-7 $06 A,- 6=.-*A=/0 /4 */.9/.$A-

.-7/%.*-7(

K%7=0-77 8&-<-&? 7A.$A-G=-7 .-4-.7 A/ 7=0G&- B%7=0-77 7A.$A-G=-7( 2,- */.9/.$A- 7A.$A-GN 6=*A$A-7 [,=*, B%7=0-77A,- /.G$0=\$A=/0 [=&& /9-.$A- =0( K%7=0-77 &-<-& 7A.$A-G=-7 $.- :$=0&N */0*-.0-6 [=A, $*,=-<=0G 7%7A$=0$B&-

*/:9-A=A=<- $6<$0A$G-( @%**-774%& B%7=0-77 7A.$A-G=-7 $=: $A B%=&6=0G %0=g%-&N 7A./0G /. 6=7A=0*A */:9-A-0*=-7

=0 /0- /. :/.- *.%*=$& B%7=0-77 $.-$7(

Z%0*A=/0$& 8&-<-&? 7A.$A-G=-7 .-4-.7 A/ A,- G$:- 9&$0 4/. $ 9$.A=*%&$.&N 4%0*A=/0$& $*A=<=ANY B%7=0-77 9./*-77-7 /.

$ >-N 6-9$.A:-0A $*A=<=AN( E0 -V$:9&- [/%&6 B- $ 0-[ 9./6%*A 6-<-&/9:-0A 7A.$A-GN(

<.*(,2BI2() 5,3',*)I B-3 ' 42()0* A/42(*44

2,- */.- -&-:-0A7 /4 B%7=0-77 7A.$A-GN $.- =&&%7A.$A-6 B-&/[( j/A- A,- 4=G%.- =7 4/. $ 7=0G&- B%7=0-77Y 6=<-.7=4=-6

*/:9$0=-7 $.- $ &=AA&- :/.- */:9&=*$A-6(

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D-3,*3a4 X*(*32= 5,3',*)2*4

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!(  E &/[ */7A 9./<=6-. 7A.$A-GN O $99-$&=0G A/ $ B./$6 79-*A.%: /4 *%7A/:-.7 B$7-6 /0 B-=0G A,- /<-.$&&

&/[]*/7A 9./<=6-. /4 $ 9./6%*A /. 7-.<=*-( @/:- B%6G-A $=.&=0-7 9%.7%- A,=7 $99./$*,(

C(  E B./$6 6=44-.-0A=$A=/0 7A.$A-GN O 7-->=0G A/ 6=44-.-0A=$A- A,- */:9$0N`7 9./6%*A7c7-.<=*-7 4./: .=<$&7

=0 $ [$N A,$A [=&& $99-$& A/ $ B./$6 79-*A.%: /4 B%N-.7(

H(  E 4/*%7-6 80=*,-? 7A.$A-GN B$7-6 /0 &/[-7A */7A O */0*-0A.$A=0G /0 $ 0$../[ B%N-. 7-G:-0A $A $ &/[-.

*/7A A,$0 .=<$&7

J(  J( E 4/*%7-6 7A.$A-GN B$7-6 /0 6=44-.-0A=$A=/0 O */0*-0A.$A=0G /0 $ 0$../[ B%N-. 7-G:-0A 1 /44-.=0G

*%7A/:=\-6 $AA.=B%A-7 A,$A :--A A,-=. .-g%=.-:-0A7 B-AA-. A,$0 .=<$&`7 9./6%*A7(

#/.A-. 7%GG-7A-6 A,$A 4$=&%.- A/ $6/9A /0- /4 A,- $B/<- $99./$*,-7 [/%&6 .-7%&A =0 $ */:9$0N B-=0G n7A%*>=0 A,- :=66&-o(

)/.- .-*-0A A,=0>=0G 7%GG-7A7 $0/A,-. 9/7=A=/0W

M(  E B-7A */7A 9./<=6-. 7A.$A-GN O G=<=0G *%7A/:-.7 :/.- <$&%- 4/. :/0-N BN =0*/.9/.$A=0G G//6]A/]

-V*-&&-0A 9./6%*A $AA.=B%A-7 $A &/[-. */7A A,$0 .=<$&7( 2,- $=: =7 A/ ,$<- A,- &/[-7A 8B-7A? */7A7 $06

9.=*-7 */:9$.-6 A/ .=<$&7 /44-.=0G 9./6%*A7 [=A, */:9$.$B&- %97*$&- $AA.=B%A-7(

E6$9A-6 4./: )=*,$-& +( #/.A-.Y I/:9-A=A=<- @A.$A-GNY 8j-[ d/.> Z.-- #.-77Y !lUD?]

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;.'?,2() 5,3',*)2*4 ,- B2, 4?*=2B2= 2(./4,3I b =-+?'(I 42,/',2-(4

j/ /0- 7A.$A-GN [/.>7 4/. $&& AN9-7 /4 */:9$0=-7 =0 $&& AN9-7 /4 B%7=0-77 -0<=./0:-0A7 /4 */%.7-( 2,- 4/&&/[=0G

A$B&- =06=*$A-7 7/:- 7%GG-7A=/07W

52,/',2-( 6>'00*()*4 Y -??-3,/(2,2*4 5,3',*)2= +-F*4

!/3A/0*(, >2)> F*0-=2,I +'3E*,4

P1'4, ,*=>(-0-)2='0 =>'()*h 4>-3,

?3-./=, 02B*Q=I=0*h 0-,4 -B (*G

32F'04S

•  I$0 .-$*A A/ *,$0G-

•  I$0 $0A=*=9$A- *,$0G-

•  I$0 &-$6 *,$0G-

!(  ^0<-7A $GG.-77=<-&N =0 X1P

C(  P-<-&/9 $0 $G=&- /.G$0=\$A=/0

H(  K%=&6 %9 7A.$A-G=* 9$.A0-.7,=97 [=A,

*/:9$0=-7 :$>=0G A=-]=0 9./6%*A7

J(  ^0=A=$A- 4.-7, $*A=/07 4.-g%-0A&N

M(  5--9 9./6%*A7 4.-7, 1 -V*=A=0G

&',/32() 2(./4,32*4P50-G )3-G,> 2(./4,3Ih PjNkS9 ;00

?-,*(,2'0 A/I*34 '03*'.I /4* ,>*

?3-./=,

w @&/[=0G G./[A, G-0-.$A-7:/.- ,-$6]A/],-$6 */:9-A=A=/0

w K%N-.7 B-*/:- :/.-

7/9,=7A=*$A-6

w I/:9-A=A=/0 9./6%*-7

-:9,$7=7 /0 */7A 1 7-.<=*-

w #./6%*A =00/<$A=/0 6=44=*%&A

w ^0*.-$7=0G =0A-.0$A=/0$&

*/:9-A=A=/0

w T/[-. 9./4=A7

w )1E7 6.=<- [-$>-. 4=.:7 /%A

!(  #.%0- $[$N :$.G=0$& 9./6%*A7c7-.<=*-C(  )/.- -:9,$7=7 /0 i$&%- I,$=0

=00/<$A=/0

H(  @A./0G-. 4/*%7 /0 */7A7

J(  )$.>-A 9-0-A.$A=/0 7A.$A-G=-7

M(  #%.*,$7- .=<$& 4=.:7 $A &/[ */7A

Q(  +V9$06 =0A-.0$A=/0$&&N

R(  K%=&6 0-[Y :/.- 4&-V=B&- *$9$B=&=A=-7

U(  E</=6 7A--.=0G :=66&- */%.7- B-A[--0

&/[ */7AY 6=44-.-0A=$A=/0 1 4/*%7=0G

5,')('(, .*=02(2() 2(./4,3IPM*=02(2() .*+'(. A/, 4,3-()

=-+?*,2,-34 +'I A* 'A0* ,- ,'E*

4'0*4 B3-+ G*'E*3 =-+?'(2*4S

  #%.7%- $ 4/*%7-6 7A.$A-GN $=:-6 $A A,- 4$7A-7A G./[=0G 7-G:-0A7•  @A.-77 6=44-.-0A=$A=/0 B$7- /0 g%$&=AN /. 9./6%*A =00/<$A=/0

•  P.=<- */7A7 6/[0 1 B-*/:- A,- &/[ */7A &-$6-.

•  P/ 0/A G-A *$%G,A =0 9./4=A&-77 [$.7 /4 $AA.=A=/0

•  P/ 0/A B- A// /9A=:=7A=* $B/%A A,- =06%7A.N`7 4%A%.-

13')+*(,*. 2(./4,32*4

P&'(I 5&"a4 \ (-(* G2,> '

4/A4,'(,2'0 4>'3* -B ,>* +'3E*,S

•  )$.>-A 6-:$06 =7 -VA-07=<-

1 6=<-.7-

•  T/[ -0A.N B$..=-.7

•  EB7-0*- /4 7*$&- -*/0/:=-7

•  )$.>-A B-*/:=0G :/.-

G&/B$&

  2,- =06%7A.N =7 N/%0G 1*./[6-6

•  I/07A.%*A 1 /9-.$A- n4/.:%&$

4$*=&=A=-7

•  K-*/:- $ &/[ */7A /9-.$A/.

•  @9-*=$&=\- BN 9./6%*A AN9-

•  @9-*=$&=\- BN *%7A/:-. AN9-

  Z/*%7 /0 $ &=:=A-6 G-/G.$9,=*$& $.-$

5/4,'2(2() 3'?2. =-+?'(I

)3-G,>

•  E66 0-[ =A-:7 A/ A,- 9./6%*A &=0-Y -V9$06 =0A/ 0-[ G-/G.$9,=*$& $.-$7

•  T$%0*, /44-07=<-7 A/ A$>- :$.>-A 7,$.- 4./: .=<$&7

•  T-<-.$G- -V=7A=0G .-7/%.*-7 1 *$9$B=&=A=-7 BN -0A-.=0G 0-[ B%7=0-77-7 [=A,

9./:=7=0G G./[A, 9/A-0A=$&

•  @A.$A-G=* =0=A=$A=<-7 A/ 9&$0A A,- 7--67 4/. <-0A%.-7 =0 B%7=0-77-7 A,$A 6/ 0/A

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Jl

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-V=7A

<(./4,3I 0*'.*34 •  @A$N /0 A,- /44-07=<-

•  Z/.A=4N 1 6-4-06

•  )%7*&- 4&-V=0G 7A.$A-GN

_/((*3Q/? B23+4

P5*=-(. ,2*3 B23+4S

•  F44-07=<- 7A.$A-G=-7 A/ B%=&6 :$.>-A 7,$.-

•  L./[A, <=$ $*g%=7=A=/0

•  i$*$0A 0=*,-Y 79-*=$&=7AY 7%9-.=/. 9./6%*AY 6=7A=0*A =:$G- 7A.$A-G=-7

•  I/0A-0A 4/&&/[-. 7A.$A-GN

• 

L*'E b =32424 32..*( A/42(*44 •  @-&& /44 $77-A7

•  X-<=7- 7A.$A-GNY B//7A .-<-0%-7Y *%A */7A7Y */:B=0$A=/0 -44/.A7

•  T=g%=6$A=/0

•  +06 G$:- 7A.$A-G=-7

<(,*3(*, b 5-=2'0 &*.2'

4,3',*)2*4 B-3 ,3'.2,2-('0

A/42(*44*4

•  p7=0G =0A-.0-A A-*,0/&/GN A/

*/::%0=*$A-

•  X-<$:9=0G A,- <$&%- *,$=0

•  K%=&6=0G 7N7A-: A/ 9=*> 1 9$*> A/

/.6-.

•  I/:B=0=0G [=A, A.$6=A=/0$&

.-A$=&c/.6-. 7N7A-:7

•  I/9=0G [=A, 0-[ :$.>-A7

•  L$A,-.=0G .-$& A=:- 6$A$ /0

*%7A/:-.7

•  j--67 $0 =00/<$A=<- B%7=0-77

:/6-&

•  2,- *$9$B=&=AN A/ $6b%7A B%7=0-77

:/6-& 1 7A.$A-GN .$9=6&N =0

.-79/07- A/ *,$0G=0G */06=A=/07

1 /99/.A%0=A=-7

•  @A$N=0G $A A,- *%AA=0G -6G- /4

A-*,0/&/GN

•  p7- /4 =00/<$A=<- :$.>-A=0G

A-*,0=g%-7•  +0G=0--.=0G $0 -&-*A./0=* <$&%-

*,$=0 A,$A -0$B&-7

6=44-.-0A=$A=/0 $A &/[-. */7A7 /4

B-AA-. <$&%- 4/. :/0-N

E6$9A=0G 7A.$A-GN A/ 4=A 79-*=4=* =06%7A.N 1 */:9$0N */06=A=/07( E6$9A-6 4./: I.$4A=0G 1 +V-*%A=0G @A.$A-GN BN

2,/:97/0 1 @A.=*>&$06Y CD!DY S=&-N(

!*( )/2.*02(*4 B-3 =3'B,2() 4,3',*)I

!(  Z/*%7 /0 7A.$A-G=* :/<-7 A,$A .-7%&A =0 -0,$0*-6 */:9-A=A=<- $6<$0A$G- =0 A,- &/0G]A-.:(

C(  X-79/06 9./:9A&N A/ *,$0G-7 =0 A,- B%7=0-77 -0<=./0:-0A 1 */07%:-. A.-067]

H(  ^0<-7A =0 7%7A$=0$B&- */:9-A=A=<- $6<$0A$G-(

J(  E</=6 7A.$A-G=-7 A,$A [=&& /0&N 7%**--6 /0&N =0 A,- :/7A /9A=:=7A=* /4 *=.*%:7A$0*-7(

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MD

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M(  P/0`A %06-.-7A=:$A- A,- .-79/07- /4 .=<$& 4=.:7(

Q(  EAA$*>=0G $ */:9-A=A=<- [-$>0-77 =7 %7%$&&N :/.- 9./4=A$B&- 1 &-77 .=7>N A,$0 $AA$*>=0G $ */:9-A=A=<-

7A.-0GA,(

R(  K- *$.-4%& $B/%A *%AA=0G */7A7 [=A,/%A $0 -7A$B&=7,-6 */7A $6<$0A$G-(

U(  F9-0 %9 :-$0=0G4%& G$97 =0 g%$&=ANY 7-.<=*- /. 9-.4/.:$0*-Y 86=44-.-0A=$A-?

l(  E</=6 n7A%*>]=0]A,-]:=66&-o 7A.$A-G=-7(

!D( EGG.-77=<- :/<-7 %7%$&&N .-7%&A =0 .-A$&=$A=/0 O nA,- $.:7 .$*-o(

5,3',*)I 5,')* U7 <+?0*+*(,2() 5,3',*)I

^:9&-:-0A=0G 7A.$A-G=-7 .-g%=.- */07=6-.$B&- 7>=&& $06 4/.A=A%6-( ̂ A =0<$.=$B&- .-g%=.-7 7A./0G &-$6-.7,=9 [=A, $

n,$067]/0o $99./$*,( 2,- 4/&&/[=0G $*A=/07 $.- .-&-<$0AY 82,/:97/0 1 @A.=*>&$06Y CDD!?W

•  F.G$0=7$A=/0 6-7=G0 O B%=&6=0G $0 /.G$0=\$A=/0 *$9$B&- /4 =:9&-:-0A=0G A,- 7A.$A-GN 7%**-774%&&N(•  I.-$A=0G $ */:9$0N *%&A%.- $06 [/.>=0G -0<=./0:-0A */06%*=<- A/ 7A.$A-GN =:9&-:-0A$A=/0(

•  I&-$. */::%0=*$A=/0 /4 A,- 7A.$A-GN 1 /Bb-*A=<-7(

•  E&&/*$A=/0 /4 7%44=*=-0A .-7/%.*-7(

•  )/A=<$A=0G 9-/9&- A/ :--A A,- 7A.$A-G=* .-g%=.-:-0A7(

•  +7A$B&=7,=0G 7A.$A-GN 7%99/.A 9/&=*=-7 1 9./*-6%.-7(

•  +7A$B&=7,=0G $0 $99./9.=$A- 4--6B$*> 1 .-[$.6 7A.%*A%.-(

•  ^07A$&&=0G =04/.:$A=/0Y */::%0=*$A=/0 1 /9-.$A=0G 7N7A-:7(

•  ^0A./6%*=0G 0-[ 9./G.$::-7 7%*, $7 */0A=0%/%7 =:9./<-:-0A(

•  +V-.A=0G */07=7A-0A =0A-.0$& &-$6-.7,=9 A/ 6.=<- =:9&-:-0A$A=/0 4/.[$.6(

5,3',*)I 5,')* 12F*7 "F'0/',2() D*3B-3+'(=*

@A.$A-GN =7 $0 /0]G/=0G 9./*-77 $06 =A =7 =:9/.A$0A A,$A :$0$G-:-0A */0A=0%$&&N -<$&%$A- A,- /.G$0=7$A=/0`7

9-.4/.:$0*- 1 9./G.-77 A/[$.67 7A.$A-G=* G/$&7( F4A-0 */..-*A=<- $6b%7A:-0A7 1 */..-*A=/07 $.- .-g%=.-6(

X-<=7=0G B%6G-A7Y *,$0G=0G 9/&=*=-7Y .-/.G$0=\=0GY *,$0G=0G 9./*-77-7Y .-/.G$0=\$A=/0Y .-<=7=0G G/$&7 $.- $&& 9$.A

/4 A,- -<$&%$A=/0 9./*-77( @%**-774%& 7A.$A-GN =:9&-:-0A$A=/0 $&[$N7 =0</&<-7 $ 9./*-77 /4 &-$.0=0GY /4A-0

$*,=-<-6 %0-<-0&N( Z.-g%-0A .-<=-[7 A/ -07%.- A,- 7A.$A-GN 9%.7%-6 =7 .-&-<$0A $06 .-7%&A7 =0 */0A=0%/%7

=:9./<-:-0A $.- .-g%=.-6 $06 */..-*A=<- $6b%7A:-0A7 A,./%G,/%A A,- n&=4-o /4 A,- 7A.$A-GN $.- 0/.:$&(

2,-.- $.- 7/:- A-7A7 N/% *$0 $99&N A/ $ 7A.$A-GNW

!(  2,- G//60-77 /4 4=A A-7A (P/-7 A,- 7A.$A-GN :$A*, =06%7A.N 1 */:9-A=A=<- */06=A=/07Y :$.>-A

/99/.A%0=A=-7Y A,.-$A7 $06 /A,-. -0<=./0:-0A$& 4$*A/.7h

C(  2,- */:9-A=A=<- $6<$0A$G- A-7A O =7 A,- .-7%&A 7%7A$=0$B&- */:9-A=A=<- $6<$0A$G-h

H(  2,- 9-.4/.:$0*- A-7A O=7 9-.4/.:$0*- 89./4=A$B=&=ANY */:9-A=A=<- 7A.-0GA,Y :$.>-A 9/7=A=/0? =:9./<-6h

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M!

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6/33*(, !3*(.4 2( 5,3',*)2= &'(')*+*(,

2,- B-G=00=0G /4 A,- C!7A

 *-0A%.N ,$7 6-4=0-6 A,- B%7=0-77 -0<=./0:-0A $7 ,=G,&N %0*-.A$=0 [=A, $ ,=G, &-<-& /4

-*/0/:=* A%.B%&-0*- 6%- =0 &$.G- 9$.A A/ A,- 7/]*$&&-6 *.-6=A *.%0*, /. G&/B$& 4=0$0*=$& *.=7=7( 2,-.- ,$7 B--0 $

7,=4A A/[$.67 $0 $0A=]B%7=0-77 7-0A=:-0A =0 7/:- g%$.A-.7Y 9$.A=*%&$.&N B$0>=0G 1 4=0$0*=$& 7-.<=*-7( 2,-.- =7

=0*.-$7=0G 9%B&=* */0*-.0 $B/%A 7%*, =77%-7 $7W

•  +g%=AN O A,-.- =7 =0*.-$7=0G */0*-.0 $B/%A A,- [=6-0=0G G$9 =0 9$N $06 B/0%7 9$N:-0A7 B-A[--0 A,/7-

$A A,- A/9 /4 A,- /.G$0=\$A=/0 $06 A,/7- $A A,- B/AA/:(

•  K%7=0-77 -A,=*7 O .-*-0A */.9/.$A- 7*$06$&7Y 8+0./0Y S/.&6*/:Y )$6/44 Q /A,-.7? ,$<- *$&&-6 =0A/

g%-7A=/0 A,- -A,=*$& 7A$06$.67 /4 */:9$0N B/$.67(

•  +0<=./0:-0A$& 7%7A$=0$B=&=AN( F.G$0=7$A=/07 $.- =0*.-$7=0G&N 4$*-6 [=A, A,- *,$&&-0G- /4 :--A=0G*/07%:-.7 1 A,- :-6=$`7 =0*.-$7=0G 6-:$067 =0 A,=7 $.-$(

2,-7- 0-[ *,$&&-0G-7 ,$7 4/.*-6 B%7=0-77 7A.$A-G=7A7 A/ A,=0> =0 0-[ [$N7 =0*&%6=0G ,/[ -:9&/N--7 $.-

.-[$.6-6 1 :$0$G-6Y A,- B$&$0*- /4 &/0G 1 7,/.A]A-.: G/$&7 $06 A,- [$N7 /.G$0=7$A=/07 $.- 6-7=G0-6(

R9: &'(')2() 63*',2F* D*-?0*

I.-$A=<- 9-/9&- $.- /4A-0 .-G$.6-6 $7 6=44=*%&A A/ :$0$G-( ^A ,$7 B--0 &=>-0-6 A/ n,-.6=0G *$A7oY 8)=&&-.Y CD!!?(

I$0 *.-$A=<- 9-/9&- B- :$0$G-6 -44-*A=<-&Nh @,/%&6 A,-N B- :$0$G-6Y [=&& n:$0$G=0Go A,-: =0,=B=A A,-=.

*.-$A=<=ANh E0/A,-. g%-7A=/0 $ :$0$G-. :$N 4$*- =7W ne/[ A/ 6=7A=0G%=7, A.%&N *.-$A=<- 4./: A,/7- [,/ :-.-&N

A,=0> A,-N $.-o(

#-.,$97 A,- B-7A [$N A/ $07[-. A,-7- g%-7A=/07 =7 A/ *,$.$*A-.=\- *.-$A=<- 9-/9&- A/ 4=06 /%A [,$A :$>-7 A,-:

6=44-.-0A( 2,- 4/&&/[=0G 7A$A-:-0A7 ,$<- B--0 $99&=-6 A/ *.-$A=<- 9-/9&-W

•  I.-$A=<- 9-/9&- A-06 A/ B- A$7> .$A,-. A,$0 9./*-77 4/*%7-6(

•  E.- :/A=<$A-6 BN 6=44=*%&A *,$&&-0G-7 $06 B/.-6 BN nA,- ./%A=0-o(

•  2,- 6=7&=>- 4/&&/[=0G 4/.:$& 9./*-77-7 %0&-77 A,-N *$0 7-- =0 :$>-7 7-07-(

•  2,-N 6=7&=>- n*/::$06 1 */0A./&o :$0$G-:-0A 1 6/ 0/A 9-.4/.: [-&& =0 A,=7 -0<=./0:-0A(

•  I.-$A=<- 9-/9&- $.- ,$99=-. [=A, :=0=:$& 7%9-.<=7=/0(

•  2,-N *$0 B- 7-&4]*/04=6-0A A/ A,- 9/=0A /4 $../G$0*-(

•  2,-N A-06 A/ *.$<- .-*/G0=A=/0 $06 /4A-0 .-79/06 B$6&N A/ *.=A=*=7:(

2,=7 7%GG-7A7 7/:- $99./$*,-7 A/ :$0$G=0G n*.-$A=<-o( Z=.7A&NY -0*/%.$G- *%.=/7=AN $06 $ .-$7/0$B&- 6-G.-- /4

.=7> A$>=0G( @-*/06&NY *.-$A=<- 9-/9&- 7,/%&6 B- $&&/[-6 A/ [/.> =06-9-06-0A&N [=A, A,- :=0=:%: /4

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MC

#$%& '( )*+&,-./0 1 #-. 23440-. 50%67-0

7%9-.<=7=/0( 2,=.6&N *.=A=*=7: 7,/%&6 B- =0 A,- 4/.: /4 */07A.%*A=<- 4--6B$*>( @FY =A`7 $&& $B/%A *.-$A=0G $0

-0<=./0:-0A A,$A =7 */06%*=<- A/ *.-$A=<=AN( 2-.-7$ E:$B=&-Y 8CDDM? [.=A-7 A,$AY nI.=A=*=7: $06 =:9$.A=0G

4--&=0G7 /4 4$=&%.- [=&& 6-7A./N *.-$A=<=ANo( E:$B=&- 6-4=0-6 7=V .-&=$B&- :-A,/67 4/. >=&&=0G *.-$A=<=ANW

!(  +<$&%$A=/0W :$0N *.-$A=<-7 7A$A- A,$A 4-$. /4 -<$&%$A=/0 7A=4&-7 A,-=. -0A,%7=$7: 4/. A,- *.-$A=<-$*A=<=AN(

C(  @%.<-=&&$0*-W -V*-77 7%9-.<=7=/0 6-:/A=<$A-7 *.-$A=<-(

H(  X-[$.67W -VA.=07=*Y A$0G=B&- .-[$.67 A-06 A/ 6-:/A=<$A-(

J(  I/:9-A=A=/0W =4 *.-$A=<- $.- 9%A =0A/ [=0c&//7- */:9-A=A=<- 7=A%$A=/07Y 4/. -V$:9&- [=A, 4-&&/[ [/.>-.

.-7A.=*A7 *.-$A=<=AN 1 =00/<$A=/0(

M(  X-7A.=*A-6 *,/=*-W T=:=A=0G /9A=/07 =0 A,- 4/.: /4 .-7A.=*A=/07 /0 9./b-*A7 A/ [/.> /0 &/[-.7 *.-$A=<-

/%A9%A(

Q(  +VA.=07=* /.=-0A$A=/0W +VA-.0$& .-[$.67Y 9.=\-7Y :/0-N -A*( ,%.A *.-$A=<=AN( ^0A.=07=* .-[$.67 &=>-

.-*/G0=A=/0 [/.> B-AA-.(

^0 :N -V9-.=-0*-Y -VA.=07=* $06 -VA.=07=* .-[$.67 $.- 0/A :%A%$&&N -V*&%7=<- $06 ^ ,$<- 7--0 *.-$A=<- 7A%6-0A7

$A 2+5F :/A=<$A-6 BN A,- /99/.A%0=AN A/ -0A-. 6-7=G0 */:9-A=A=/07Y 7-<-.$& ,$<- [/0 $[$.67 $06 A,- 7A%6-0A7

[-.- <-.N ,$99N $B/%A A,- .-7%&A=0G .-*/G0=A=/0 $06 =A 6/-70`A ,$.: A,-=. Ii -=A,-.(

2,- $B/<- 7%GG-7A7 $ *,-*> &=7A 4/. :$0$G-.7 /4 *.-$A=<- 9-/9&-W

•  p06-.7A$06 A,- *.-$A=<- 9./*-77(

•  X-79-*A =06=<=6%$& 6=44-.-0*-7 1 -0*/%.$G- =06=<=6%$&=AN 1 6=<-.7=AN(

•  50/[ ,/[ A/ */::%0=*$A- -44-*A=<-&N [=A, *.-$A=<-(

•  #./<=6- =079=.$A=/0Y 7%99/.A 1 -0*/%.$G-:-0A 4/. =6-$7(

•  #./<=6- $ 4&-V=B&- [/.>=0G -0<=./0:-0A(

•  ^0</&<- *.-$A=<- 9-/9&- =0 A,- 6-*=7=/0 :$>=0G 9./*-77(

•  E&&/[ *.-$A=<- A/ A.N A,-=. n9-A 9./b-*A7 1 =6-$7o [=A,/%A A,- 4-$. /4 *.=A=7=7:(

Z$.0,$:Y 8CDDQ?Y 7%GG-7A7 4=<- .%&-7 4/. :$0$G=0G *.-$A=<- 9-/9&-W

!(  E**/::/6$A- O *.-$A=<- 9-/9&- 0--6 A/ B- ,=G, :$=0A-0$0*-Y $&&/[ A,-: $**-77 A/ N/%Y */0A=0%/%7&N

-0*/%.$G- 1 $</=6 9%0=7,:-0A(

C(  @A=:%&$A- O 9./<=6- $ 7A=:%&$A=0G -0<=./0:-0A(

H(  X-*/G0=\- $06 .-[$.6 $99./9.=$A-&NY .-*/G0=\- A,-=. [/.> 1 =6-$7(

J(  )$0$G- &=G,A&N 1 9./<=6- 4--6B$*> =0 A,- 4/.: /4 9-.4/.:$0*- */$*,=0G .$A,-. A,$0 -<$&%$A=/0(

M(  #./A-*A *.-$A=<-7 O 4./: .-7A.=*A=<- 9.$*A=*-7 1 4./: 9-/9&- [,/ 6/ 0/A %06-.7A$06 A,- *.-$A=<-

9./*-77(

)$0$G=0G 1 +0*/%.$G=0G I.-$A=<-7

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#$%& '( )*+&,-./0 1 #-. 23440-. 50%67-0

I.-$A=<- 9-/9&- $.- B-7A 9&$*-6 =0 b/B7 [,-.- A,-N *$0 G./[Y &-$.0Y $**/:9&=7, A,-=. G/$&7 $06 *$0 [/.> [=A, $

6-G.-- /4 $%A/0/:N 4.-- 4./: .-9-A=A=<-Y ./%A=0- [/.>( )$0$G-.7 :%7A -7A$B&=7, $ 9/&=*N $06 -0<=./0:-0A

A,$A .-*/G0=\-7 $06 .-[$.67 *.-$A=<=AN( )$0$G-.7 :%7A $**-9A A,$A A,-N 7,/%&6 B- A,- 6.=<-.7 /4 A,- *.-$A=<-

9./*-77Y 0/A A,- B.$>-7(

e=.- 1 6-<-&/9 *.-$A=<-7( #-.7/0$&=AN A-7A7 *$0 B- $0 -44-*A=<- [$N A/ =6-0A=4N *.-$A=<-7( I-.A$=0 9-.7/0$&=AN

A.$=A7Y 7%*, $7 B-=0G =06-9-06-0AY =0A%=A=<-Y -V9-.=:-0A$&Y $06 $6$9A$B&- *$0 =06=*$A- [,-A,-. /. 0/A $ 9-.7/0

=7 9.-6=79/7-6 A/ B-=0G *.-$A=<-( 2-7A7 $.- $<$=&$B&- A/ :-$7%.- ,/[ [-&& 7/:-/0- */:-7 %9 [=A, 0-[ =6-$7(

E&7/ :$0$G-.7 *$0 $&7/ /B7-.<-Y G=<- *,$&&-0G-7Y $06 .%0 B.$=07A/.:=0G 7-77=/07 A/ -0*/%.$G- A,- *.-$A=<-

9./*-77( 2/ =0=A=$A- *.-$A=<=ANY :$0$G-.7 *$0 7A.-77 A,- 0--6 A/ =00/<$A-( nZ$.]4-A*,-6 =6-$7o 7,/%&6 0/A B-

.-b-*A-6 $7 $ :$AA-. /4 */%.7-(

@-A *,$&&-0G=0G $77=G0:-0A7 7%*, $7 qe/[ *$0 [- G-A :/.- <=7=A/.7 A/ /%. [-B7=A-hq qe/[ *$0 [- 4=06 0-[

6=7A.=B%A=/0 *,$00-&7hq qe/[ *$0 [- :$>- /%. 7-.<=*-7 :/.- -V*=A=0G /. /%. 9./6%*A7 :/.- 4%0 A/ %7- KN

9.-7-0A=0G *,$&&-0G-7 &=>- A,-7- A/ -:9&/N--7Y :$0$G-.7 *$0 B//7A A,-=. *.-$A=<=AN $06 =0</&<- A,-: 6=.-*A&N =04=06=0G *.-$A=<- 7/&%A=/07(

e/[ -&7- *$0 N/% 7A=:%&$A- A,- *.-$A=<- A,=0>=0G A,$A &-$67 A/ =00/<$A=/0h #%A 6=44-.-0A AN9-7 /4 9-/9&-

A/G-A,-. =0 A-$:7f G=<- A,-: $ *,$0*- A/ */::%0=*$A- [=A, -VA-.0$& */07%&A$0A7Y %7- A//&7 6-7=G0-6 4/.

A,=0>=0G $06 7,$.=0G &=>- 7%GG-7A=/0 B/V-7Y 7/*=$& :-6=$ $06 6=7*%77=/0 4/.%:7(

P/[0&/$6 $06 .-$6 A,- <-.N .-$6$B&- 84.--? -]B//> ne/[ A/ )/A=<$A- I.-$A=<- #-/9&- 8^0*&%6=0G d/%.7-&4?o BN

)$.> )*L%=0-77( ̂ A */<-.7 7%*, =77%-7 $7 [,$A :$>-7 *.-$A=<- 9-/9&- A=*>Y ,/[ A/ :/A=<$A- A,-: $06 G-A A,-

B-7A /%A /4 A,-:(

e9:  L-+*( b C*'.*34>2?

90.%, $#% .0"36$"%1 "0 &%" $+0,&- $,1 .%, $#% .0"36$"%1 "0 &%" $/%$17

;3* L-+*( c*,,*3 C*'.*34 ,>'( &*(]

rZ-[ =77%-7 =0=A=$A- :/.- 6-B$A-7Y :=7*/0*-9A=/07Y $06 %07%99/.A-6 /9=0=/07 A,$0 [,-A,-. [/:-0 9-.4/.:

$7 [-&& /0 b/B7 $7 :-0 6/( 2,- -<=6-0*- 7%GG-7A7 A,$A A,- B-7A 9&$*- A/ B-G=0 =7 [=A, A,- .-*/G0=A=/0 A,$A A,-.-

$.- 4-[Y =4 $0NY =:9/.A$0A 6=44-.-0*-7 B-A[--0 :-0 $06 [/:-0 A,$A [=&& $44-*A A,-=. b/B 9-.4/.:$0*-( 2,-.-

$.-Y 4/. =07A$0*-Y 0/ */07=7A-0A :$&-]4-:$&- 6=44-.-0*-7 =0 9./B&-:]7/&<=0G $B=&=ANY $0$&NA=*$& 7>=&&7Y */:9-A=A=<-

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#$%& '( )*+&,-./0 1 #-. 23440-. 50%67-0

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CM N-$.7 =0 A-.:7 /4 =0*.-$7=0G 4-:$&- 9$.A=*=9$A=/0 .$A-7 =0 A,- [/.>4/.*- $06 .-A,=0>=0G [,$A */07A=A%A-7

:$&- $06 4-:$&- ./&-7Y N/% 7,/%&6 /9-.$A- /0 A,- $77%:9A=/0 A,$A A,-.- =7 0/ 7=G0=4=*$0A 6=44-.-0*- =0 b/B

9./6%*A=<=AN B-A[--0 :-0 $06 [/:-0( @=:=&$.&NY A,-.- =7 0/ -<=6-0*- =06=*$A=0G A,$A $0 -:9&/N--q7 G-06-.

$44-*A7 b/B 7$A=74$*A=/0r 8X/BB=07Y CD!DWHM?(

rK%A [,$A $B/%A $B7-0*- $06 A%.0/<-. .$A-7h E.- [/:-0 &-77 7A$B&- -:9&/N--7 A,$0 :-0h Z=.7AY /0 A,-

g%-7A=/0 /4 A%.0/<-.Y A,- -<=6-0*- =7 :=V-6( @/:- 7A%6=-7 ,$<- 4/%06 A,$A [/:-0 ,$<- ,=G,-. A%.0/<-. .$A-7f

/A,-.7 ,$<- 4/%06 0/ 6=44-.-0*-( 2,- .-7-$.*, /0 $B7-0*-Y ,/[-<-.Y =7 $ 6=44-.-0A 7A/.N( 2,- -<=6-0*-

*/07=7A-0A&N =06=*$A-7 A,$A [/:-0 ,$<- ,=G,-. .$A-7 /4 $B7-0A--=7: A,$A :-0 6/( 2,- :/7A &/G=*$& -V9&$0$A=/0

4/. A,=7 4=06=0G =7 A,$A A,- .-7-$.*, [$7 */06%*A-6 =0 j/.A, E:-.=*$Y $06 j/.A, E:-.=*$0 *%&A%.- ,$7

,=7A/.=*$&&N 9&$*-6 ,/:- $06 4$:=&N .-79/07=B=&=A=-7 /0 A,- [/:$0r X/BB=07Y CD!DWHM?9( HM?( 

2,-.- ,$7 B--0 $ &/A /4 79-*%&$A=/0 $B/%A A,=7 G-06-. =77%- /<-. A,- N-$.7( E .-*-0A 7%.<-N 8k-0G-. 1 Z/&>:$0Y

CD!!? ,$7 $AA-:9A-6 A/ 9./<=6- 7/:- ,$.6 6$A$ /0 A,- :$AA-.(

2,- 7%.<-N =0</&<-6 RYCUD &-$6-.7 [,/ [-.- $7>-6 A/ .$A- -$*, &-$6-.q7 -44-*A=<-0-77 /<-.$&& $06 $&7/ A/ b%6G-,/[ 7A./0G ,- /. 7,- =7 /0 A,- !Q */:9-A-0*=-7 A,$A HD N-$.7 /4 .-7-$.*, 7,/[7 $.- :/7A =:9/.A$0A A/ /<-.$&&

&-$6-.7,=9 -44-*A=<-0-77( 2,-N [-.- $7>-6Y 4/. =07A$0*-Y ,/[ G//6 $ &-$6-. =7 $A A$>=0G A,- =0=A=$A=<-Y

6-<-&/9=0G /A,-.7Y =079=.=0G $06 :/A=<$A=0GY $06 9%.7%=0G A,-=. /[0 6-<-&/9:-0A( 2,- 6$A$7-A [$7 G-0-.$A-6

4./: &-$6-.7 =0 7/:- /4 A,- :/7A 7%**-774%& $06 9./G.-77=<- /.G$0=\$A=/07 =0 A,- [/.&6 B/A, 9%B&=* $06 9.=<$A-Y

G/<-.0:-0A $06 */::-.*=$&Y 6/:-7A=* $06 =0A-.0$A=/0$&(

^0 A,- */04=.:$A=/0 *$A-G/.N =7 A,- 4=.7A 4=06=0GW 2,- :$b/.=AN /4 &-$6-.7 8QJv? $.- 7A=&& :-0( E06 A,- ,=G,-. A,-

&-<-&Y A,- :/.- :-0 A,-.- $.-W ^0 A,=7 G./%9Y RUv /4 A/9 :$0$G-.7 [-.- :-0Y QRv $A A,- 0-VA &-<-& 6/[0 8A,$A

=7Y 7-0=/. -V-*%A=<-7 .-9/.A=0G 6=.-*A&N A/ A,- A/9 :$0$G-.7?Y QDv $A A,- :$0$G-. &-<-& B-&/[ A,$A(

@=:=&$.&NY :/7A 7A-.-/AN9-7 [/%&6 ,$<- %7 B-&=-<- A,$A 4-:$&- &-$6-.7 -V*-& $A r0%.A%.=0Gr */:9-A-0*=-7 7%*,$7 6-<-&/9=0G /A,-.7 $06 B%=&6=0G .-&$A=/07,=97Y $06 :$0N :=G,A 9%A -V,=B=A=0G =0A-G.=AN $06 -0G$G=0G =0 7-&4]

6-<-&/9:-0A =0 A,$A *$A-G/.N $7 [-&&( E06 =0 $&& 4/%. *$7-7 A,- 6$A$ */0*%..-6 x [/:-0 6=6 7*/.- ,=G,-. A,$0

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K%A A,- [/:-0q7 $6<$0A$G-7 [-.- 0/A $A $&& */04=0-6 A/ A.$6=A=/0$&&N [/:-0q7 7A.-0GA,7( ^0 4$*A $A -<-.N &-<-&Y

:/.- [/:-0 [-.- .$A-6 BN A,-=. 9--.7Y A,-=. B/77-7Y A,-=. 6=.-*A .-9/.A7Y $06 A,-=. /A,-. $77/*=$A-7 $7 B-AA-.

/<-.$&& &-$6-.7 A,$0 A,-=. :$&- */%0A-.9$.A7 x $06 A,- ,=G,-. A,- &-<-&Y A,- [=6-. A,$A G$9 G./[7 87-- *,$.Af

*&=*> /0 A,- =:$G- A/ <=-[ $ &$.G-. *,$.A?W

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MM

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@9-*=4=*$&&NY $A $&& &-<-&7Y [/:-0 $.- .$A-6 ,=G,-. =0 4%&&N !C /4 A,- !Q */:9-A-0*=-7 A,$A G/ =0A/ /%A7A$06=0G

&-$6-.7,=9( 2[/ /4 A,- A.$=A7 [,-.- [/:-0 /%A7*/.-6 :-0 A/ A,- ,=G,-7A 6-G.-- x A$>=0G =0=A=$A=<- $06 6.=<=0G

4/. .-7%&A7 x ,$<- &/0G B--0 A,/%G,A /4 $7 9$.A=*%&$.&N :$&- 7A.-0GA,7( E7 =A ,$99-0-6Y :-0 /%A7*/.-6 [/:-0

7=G0=4=*$0A&N /0 /0&N /0- :$0$G-:-0A */:9-A-0*- =0 A,=7 7%.<-N x A,- $B=&=AN A/ 6-<-&/9 $ 7A.$A-G=*

9-.79-*A=<-(

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MQ

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[/:-0 &-$6-.7h d-7Y B&$A$0A 6=7*.=:=0$A=/0 =7 $ 9/A-0A=$& -V9&$0$A=/0( ̂ 4 0/A $*A%$& A,$0 *-.A$=0&N 9-.*-9A%$&(

S,-0 A,- 4=06=0G7 [-.- 7,$.-6 [=A, $ G./%9 /4 [/:-0 /%A7=6- A,=7 9$.A=*%&$. 7%.<-N $06 $7>-6 A,-: A/

7%GG-7A [,N A,-N A,/%G,A A,-=. */&&-$G%-7 ,$6 B--0 .$A-6 7/ ,=G,&N /0 A$>=0G =0=A=$A=<- $06 7-&4]6-<-&/9:-0AY

A,-=. $07[-.7 9/=0A-6 A/ A,- 7A=&&]A-0%/%7 9/7=A=/0 A,-N 4--& A,-:7-&<-7 A/ B- =0 A,- [/.>9&$*-W

rS- 0--6 A/ [/.> ,$.6-. A,$0 :-0 A/ 9./<- /%.7-&<-7(r

rS- 4--& A,- */07A$0A 9.-77%.- A/ 0-<-. :$>- $ :=7A$>-Y $06 A/ */0A=0%$&&N 9./<- /%. <$&%- A/ A,-

/.G$0=\$A=/0(r

2,$A =7Y $0-*6/A$&&NY $A &-$7AY A,- [/:-0 g%-.=-6 6/0qA 4--& A,-=. $99/=0A:-0A7 $.- 7$4-( 2,-Nq.- $4.$=6 A/ .-7A

/0 A,-=. &$%.-&7( Z--&=0G A,- 0--6 8/4A-0 >--0&N? A/ A$>- =0=A=$A=<-Y A,-N $.- :/.- ,=G,&N :/A=<$A-6 A/ A$>-

4--6B$*> A/ ,-$.A(

2,- =./0N =7 A,$A A,-7- $.- 4%06$:-0A$& B-,$<=/.7 A,$A 6.=<- A,- 7%**-77 /4 %6%#' &-$6-.Y [,-A,-. [/:$0 /.

:$0(

S,N $.- [/:-0 <=-[-6 $7 &-77 7A.$A-G=*h 2,=7 =7 $0 -$7=-. g%-7A=/0 A/ $07[-.( 2/9 &-$6-.7 $&[$N7 7*/.-

7=G0=4=*$0A&N ,=G,-. =0 A,=7 */:9-A-0*Nf 7=0*- :/.- A/9 &-$6-.7 $.- :-0Y :-0 7A=&& 7*/.- ,=G,-. ,-.- =0 A,-

$GG.-G$A-( K%A [,-0 [- :-$7%.- /0&N :-0 $06 [/:-0 =0 A/9 :$0$G-:-0A /0 7A.$A-G=* 9-.79-*A=<-Y A,-=.

.-&$A=<- 7*/.-7 $.- A,- 7$:-(

S,$A 7,/%&6 &-$6-.7 $06 :$0$G-.7 6/ [=A, A,-7- 4=06=0G7h k-0G-. 1 Z/&>:$0 8CD!!? ,$6 A,-7- A,/%G,A7( Z--&

4.-- A/ .-79/06 $7 [-&& [=A, N/%. /[0(

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/%G,A A/ B- $[$.- A,$A :$0N [/:-0 ,$<- =:9.-77=<- &-$6-.7,=9 7>=&&7( F%. .-7-$.*, 7,/[7 A,-7-

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*%7A/:-. 7$A=74$*A=/0Y -:9&/N-- -0G$G-:-0AY $06 9./4=A$B=&=AN(

E7 A/ A,- */07A$0A 7A$A- /4 %0-$7- [/:-0 &-$6-.7 -V9.-77 x *&-$.&NY *,$%<=0=7: /. 6=7*.=:=0$A=/0 =7 $0

-0=G:$ A,$A /.G$0=\$A=/07 8$06 A,- B%7=0-77 *%&A%.-? 7,/%&6 [/.> ,$.6 A/ 9.-<-0A( e/[-<-.Y A,$A 7$=6f

A,=0> /4 A,- B-0-4=A7 -<-.N &-$6-. =0 -<-.N /.G$0=\$A=/0 [/%&6 G$=0 4./: $ :=06]7-A A,$A A,-N 7=:9&N

*$0qA $44/.6 A/ :$>- $ :=7A$>-( #$.$0/=$ /. -VA.-:- .=7> $<-.7=/0 =7 *&-$.&N 6-A.=:-0A$& A/ $ .=7=0G

*$.--.( K%A =0 A/6$Nq7 -*/0/:=* *&=:$A-Y -<-.N &-$6-.Y :$&- /. 4-:$&-Y [/%&6 6/ [-&& A/ $</=6

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[[[(4/.B-7(*/:( e$<- $0N 7A-.-/AN9-7 B--0 :=77-6h S,$A *$0 /.G$0=7$A=/07 $06 [/:-0 A,-:7-&<-7 6/ A/

B.-$> 6/[0 A,-7- 7A-.-/AN9=*$& <=-[7h

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A/9=*7 =0 FK $06 =7 $ :$b/. */0*-.0 /4 :$0$G-:-0A( 2,-7- 7A$A=7A=*7 A-&& %7 [,NW

w UCv /4 -:9&/N--7 .-9/.A 0/A B--0 */::=AA-6 A/ A,-=. b/B7 [=A, !Uv B-=0G $*A=<-&N 6=7-0G$G-6Y

8L-.:$0N?(

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w S/.>-. [$7A- ./%G,&N C ,/%.7 9-. 6$N 0/A */%0A=0G B.-$>7 1 &%0*, B.-$>7 ] :$=0&N 7%.4=0G A,- 0-A 1

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2,- -0*/%.$G=0G 0-[7 =7 A,$A .-7-$.*, 9./<=6-7 %7 [=A, 7/:- *&%-7 $7 A/ ,/[ A/ =:9./<- -:9&/N-- :/A=<$A=/0(

S- [=&& -V$:=0- 7/:- /4 A,- :/A=<$A=/0 A,-/.=-7 $<$=&$B&- B%A B- [$.0-6 7-<-.$& /4 A,- n9/9%&$.o A,-/.=-7

,$<- &=AA&- /. 0/ -:9=.=*$& 7%99/.A( 2,$A =7 A/ 7$NY $&A,/%G, A,-N :$N B- =0A%=A=<-Y A,-.- =7 &=AA&- /. 0/ -<=6-0*-

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