libro v catedra internacional

225

Upload: oscar-ortegon

Post on 06-Mar-2016

264 views

Category:

Documents


5 download

DESCRIPTION

Publicacion realizada por la Fundacion Jose Ortega y Gasset Colombia para la V Catedra Internacional de Politicas Publicas y Control Fiscal

TRANSCRIPT

!!!!!

"#$%&'( )'"#$%&'( )'"#$%&'( )'"#$%&'( )'"#$%&'( )'*+$,*+$,*+$,*+$,*+$,-----'.'.'.'.'.

/0%.'(1%02(&%*2'*(3)4546789:"+-";0*()0,<'(3)=85>:

;".*0.1'(?0".-'.",,(@$"..0(3)=85>:10.%'(."+-."&'(;'-".'(3)4546789:A",%B(?0.-C*"2(?0.-C*(3)4546789:

0,"B0*1.0(+)D''*"E',AA(.'?".'(3)4546789:,$%+(A".*"F(?'."*'()0+-%,,'(3)4546789:

?%.<0(0.0*10("+)0,0*-"(3&>GH:/$0*().%+-I;0,()%$101(,0..0C*(3)=85>:

D")-'.(?'.0@0()=J(3)=85>:D".*0*1'(,'2010(%+020(3)4546789:

KKKKK

LLLLL

)('(*(-("(*( %(1(')('(*(-("(*( %(1(')('(*(-("(*( %(1(')('(*(-("(*( %(1(')('(*(-("(*( %(1('

(((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((&MN8O9

,0(&',C-%)0(1"(,0+(&',C-%)0+(&P;,%)0+ QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ R

0*-")"1"*-"+(F(1"+0..',,'+(.")%"*-"+

1",(+%+-"?0(1"(+0,$1()D%,"*' QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ LS

."@$,0)%I*"+(F()'*-.',"+(1"(,'+(+%+-"?0+

1"(+0,$1J(",()0+'()D%,"*' QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ ST

"<0,$0)%'*(+')%'&',%-%)0(1",(+%+-"?0(1"

+"@$.%101(+')%0,("*(+0,$1("*()','?;%0 QQQQQQQQQQQQQQQQQQQQQQQQQQQ RL

,0(0)-$0,().%+%+(1"(,0+(A%*0*20+(1",(+")-'.(+0,$1 QQQQQQ T!

)','?;%0U(,0("B&,'-0)%I*(?%*".0V(+$+("A")-'+

0?;%"*-0,"+(F(+$(*'.?0-%<%101 QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ !WT

,0+(&',C-%)0+(&P;,%)0+(+';."(?%*".C0()','?;%0*0 QQQQQQQ !KT

",()0+'(&".$0*'J(,0+(&',C-%)0+(&P;,%)0+V

?%*".C0(F(,0+()'?$*%101"+(%*1C@"*0+ QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ !XT

,0(?%*".C0V(,0(%*+-%-$)%'*0,%101V(F(,0(%*<".+%I*

"B-.0*/".0J(",()0+'()D%,"*'(A."*-"(0('-.'+()0+'+ QQ !YL

A%+)0,%20)%I*(1"(,0(%*1$+-.%0(?%*".0 QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ !Z!

0)".)0?%"*-'(0(,'+(?[-'1'+(F(1%A%)$,-01"+

1"(,0("<0,$0)%I*(1"(&',C-%)0+(&P;,%)0+ QQQQQQQQQQQQQQQQQQQQQQQQQQ !TT

XXXXX

SSSSS

?????0.)'( @0.)'( @0.)'( @0.)'( @0.)'( @"*"."*"."*"."*"."*".0,( 1"0,( 1"0,( 1"0,( 1"0,( 1",,,,,0( )\-"1.0( )\-"1.0( )\-"1.0( )\-"1.0( )\-"1.00000

YYYYY

1G1G1G1G1GJ( /98GJ( /98GJ( /98GJ( /98GJ( /98G4( 1]9^( &84( 1]9^( &84( 1]9^( &84( 1]9^( &84( 1]9^( &8O^_O( 3)4546789:O^_O( 3)4546789:O^_O( 3)4546789:O^_O( 3)4546789:O^_O( 3)4546789:

"5(14`a4G(/98G4(1]9^(&8O^_O(>b(&458a_54N4(c(074N9d4J(-8>O>(eO(18f5469(d>>baed84b( 9( &G4geOd8d9d( >O( `8>O`89b( f45]a8`9b( `4O( hOg9b8b( >O( "baed84b,9a8O496>G8`9O4bJ(1>(59($O8i>Gb8d9d(&9G8b(%%%(+4eG74OO>(*4ei>55>J("b(69N8ba>G>O( `8>O`89b( jeG]d8`9b( c( f45]a8`9b( d>( 59( eO8i>Gb8d9d( d>( f9G]b( ZJ( "b( fG4g>b4GeO8i>Gb8a9G84(>(8Oi>ba8N9d4G(>O(a>69b(d>(N478>GO4V(f45]a8`9b(fH758`9b(>(=8ba4G89d>(59(0d68O8baG9`8_O(fH758`9J

RRRRR

,,,,,0( &'0( &'0( &'0( &'0( &',C-%)0( 1"( ,,C-%)0( 1"( ,,C-%)0( 1"( ,,C-%)0( 1"( ,,C-%)0( 1"( ,0+( &'0+( &'0+( &'0+( &'0+( &',C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0+

0NG9d>`>64b(9(ke8>O>b(`4Oi4`9OV(f9Ga8`e59G6>Oa>(9(59("b`e>59(+ef>G84G(d>0d68O8baG9`8_O(&e758`9V("+0&V(9(59()4OaG954G]9(@>O>G95(d>(59(.>fe758`9V(9(59AeOd9`8_O('Ga>N9(c(@9bb>aV(59(d>g>G>O`89(ke>(=9O(a>O8d4(95(8Oi8a9G6>(9(>ba9`9a>dG9(8Oa>GO9`84O95J

)46>O^9Od4(G>`4GG>G>64b(`8>Ga4(eO8i>Gb4l(deG9Oa>(=4G9(c(aG>8Oa9(68Oea4bV8Oa>Oa9Gh(b>G(54(6Mb(fG>`8b4(c(54(6Mb(`59G4(f4b875>J

)464( b>( fe>d>( 47b>Gi9GV( Oe>baG9( `=9G59( b>( d>O468O9( m,9( f45]a8`9( d>( 59bf45]a8`9b(fH758`9bm(>ba>(a8ae54(>O(b8V(a8>O>(>baG>`=9(G>59`8_O(̀ 4O(9ke>559bV(̀ 4Ob8Qd>GMOd4b>(>b>O`895>b(f9G9(>5(fG4`>b4(d>(g4G6e59`8_O(d>(59b(f45]a8`9b(fH758`9bJ,4(ke>(b>(7eb`9(>b(G>8i8Od8`9G(>5(i954G(ke>(a8>O>(59(f45]a8`9(`464(d8b`8f58O9V(>5i954G(ke>(a8>O>(>5(GhN86>O(f45]a8`4V(>5(i954G(ke>(a8>O>(59(a9G>9(d>(N47>GO9G(c(59G>59`8_O(ke>(a8>O>O(>ba4b(aG>b(>5>6>Oa4b(f9G9(9b](`46fG>Od>G(>5(fG4`>b4(d>g4G6e59`8_O(d>(f45]a8`9b(fe758`9bJ

,9(fG>b>Oa9`8_O(b>(d8i8d>(>O(d4b(646>Oa4bU(d>(!TZS(=9`89(9d>59Oa>(c(>59n4(KJWWWJ

o&4G(keh(d8`=9(GefaeG9pV(f4Gke>(>O(>5(fG86>G(646>Oa4V(b>(>O`e>OaG9(eO979ba9(8Og4G69`8_O(9`>G`9(d>(59(a>6Ma8`9(`4546789O9(>O(`e9Oa4(9(59b(f45]a8`9bfH758`9bV(i8ba9bV(`464(eO9(69O>G9(d>5(9``84O9G(d>5(>ba9d4(cV(f4ba>G84G6>Oa>V>5( 9n4( KJWWWV( >O( d4Od>( b>( fG>b>Oa9( eO9( Oe>i9( d8b`eb8_O( 9`>G`9( d>( 54bf9G9d8N69b(d>(59b(f45]a8`9b(fH758`9b(beGN8>Od4(9b]V(eO(G>`4O4`868>Oa4(95(86Qf4Ga9Oa>(f9f>5(ke>(je>N9(59(f45]a8`9(d>OaG4(d>5(fG4`>b4(d>(g4G6e59`8_O(d>(59bf45]a8`9b(fH758`9bJ

,4(9Oa>G84G(b>(G>958^9(`4O(>5(47j>a8i4(d>(>qf4O>G(54b(f9G9d8N69b(>q8ba>Oa>b=9ba9(>5(9n4(KJWWWV(59b(a>6Ma8`9b(9(d8b`ea8GV(59b(f45]a8`9b(fH758`9b(>O(59(9`ae9Q58d9dV(95NeO4b(9ea4G>b(̀ 4O(G>5>i9O`89(>O(>5(a>69(cV(59(86f4Ga9O`89(ke>(9dke8G8_59(f45]a8`9(9(f9Ga8G(d>5(9n4(KJWWWJ

"O(>ba>(fG86>G(9f9Ga9d4V(=9759G>64b(d>(95N4(ke>(ge>(aG9b`>Od>Oa95V(>5(̀ 4ONG>Qb4(d>()8>O`89(&45]a8`9(d>(54b(9n4b(ZSJ(+>Ne8d4(d>(59(>qf58`9`8_O(d>(59(d8i>Gb8Qd9d(d>(`4O`>fa4b(ke>(b>(a>O]9O(95(=9759G(d>(f45]a8`9(cV(g8O956>Oa>V(95NeO9bd8g>G>O`89b(ke>(b>(fG>b>Oa979O(gG>Oa>(95(a>G68O4(f45]a8`9(fH758`9J

0(O8i>5(d>((8Og4G69`8_OV(>O(>5(9n4(d>(!TZSV(b>(G>958^979(>O(59(̀ 8ed9d(d>(&9G8bV>5(aG8Nhb864(a>G`>G(`4ONG>b4(d>()8>O`89(&45]a8`9V(>O(d4Od>(b>(8O`4Gf4G9(95N4b8ONe59G(ke>(=9ba9(>5(646>Oa4(O4(b>(=97]9(a>O8d4(>O(̀ e>Oa9(̀ 464(a>6Ma8`9(d>59(f458a454N]9(8Oa>GO9`84O95l(>5(9OM58b8b(d>(54b(f4d>G>b(fH758`4bV(beb(G>be5a9d4b(cbe(>i95e9`8_OJ

ZZZZZ

+>(f4dG]9(d>`8GV(ke>(>O(>b>(646>Oa4(b>(`468>O^9(9(f>Ob9G(>O(59b(f45]a8`9bfH758`9b(`464(47j>a4(d>(>baed84(c(`_64(6ha4d4(d>(aG979j4J

"Oa4O`>bV(of9G9(keh(b8Gi>O(59b(f45]a8`9b(fH758`9bp(b8Gi>O(d>(=>GG968>Oa9b(a>_QG8`9b(f9G9(9O958^9G(>O(>b>(646>Oa4(95(>ba9d4(>O(9``8_O(c(f4ba>G84G6>Oa>Vf9G9(9O958^9G(O4(95( >ba9d4(>O(9``8_OV( b8O4(9O958^9G( 54(ke>(>b( 59(9``8_O(d>N47>GO9GV(54(ke>(b>G]9(eO(fG4c>`a4(f45]a8`4J

+>( fe>d>( 47b>Gi9G( jeOa4( 9( 59b( a>6Ma8`9b( fG4f89b( d>5( `96f4( d>( 59( `8>O`89f45]a8`9(c(9(54b(>baed84b(b47G>(>5(f4d>GV(b47G>(59(9ea4G8d9dV(b47G>(59(5>N8a868d9dVb47G>(54b(G>N]6>O>bV(b47G>(59b(8Oba8ae`84O>bV(>ba9(Oe>i9(a>6Ma8`9(ke>(8Oi8a9`59G96>Oa>(9(8Oi>ba8N9G(9(g4Od4(54b(G>be5a9d4b(d>(59b(9``84O>b(d>(54b(f4d>G>bfH758`4bV(9(f>Ob9G(>O(>6fG>Od>G(9``84O>b(c(>O(H5a869(8Oba9O`89V(9(9O958^9G(cb>Ne8G(`e8d9d4b96>Oa>V(a4d4(9ke>554(ke>(a8>O>(ke>(i>G(`4O(59(9``8_O(d>(54bf4d>G>b((fH758`4bJ

F(f4a>O`8956>Oa>(9(f9Ga8G(d>(54b(G>be5a9d4b(ke>(9GG4j_(d8`=4(̀ 4ONG>b4(9f9G>`>>5(9ea4G(8a9589O4(55969d4(&9bke8O4V(ke8>O(d8`>U(m>O(>b>(`4ONG>b4V(b>(ge>G4Od>feG9Od4(95NeO4b(fG475>69b(a>_G8`4b(>q8ba>Oa>bmJ

D9ba9(>b>(646>Oa4(59(`8>O`89(f45]a8`9(c(54b(fG475>69b(d>(54b(`e95>b(=975979&9bke8O4V(9feOa979O(9(ke>(>q8ba]9(59(O>`>b8d9d(d>(`59G8g8`9G(`eM5(>G9(>5(47j>a4d>5(>baed84(d>(59(`8>O`89(f45]a8`9(c(`eM5(>G9(>5(6ha4d4l(ke>d9Od4(`59G4(ke>(9f9Ga8G(d>(>b>(646>Oa4(>5(6ha4d4(d>(59(`8>O`89(f45]a8`9V(b>G89(59(`8>O`89(`464a95(c(ke>V(>5(47j>a4(d>(>baed84(d>(59(68b69(b>G89(59(f45]a8`9J

+eGN>(>Oa4O`>b(?9ke89i>54V(ke8>O(>O(be(646>Oa4(̀ 59G8g8`_(f9G9(>5(6eOd4(ke>eO9( `4b9( >G9( 59( f45]a8`9V( 4aG9( >G9( 59( 64G95( c( 4aG9( >G9( 59( G>58N8_OJ( )e9Od4?9ke89i>54(=9`>(95eb8_O(95(fG]O`8f>V(6>O`84O9(ke>(>ba>(d>7]9(a>O>G(>O(̀ e>Oa959(b>`e59G8^9`8_O(d>(59(f45]a8`9(gG>Oa>(9(59(G>58N8_O(c(59(64G95V(>qf4O8>Od4(9b](95fH758`4(c(95(fG]O`8f>(>OaG>(4aG9b(̀ 4b9bV(59(>q8ba>O`89(d>(eO(̀ 96f4(>bf>`]g8`4V(59f45]a8`9J(<8ba4(>ba4(d>bd>(54b(`4O`>fa4b(d>(&9bke8O4V(>b(>5(Oe>i4(Ge674(ke>a469(59(`8>O`89(f45]a8`9J

,4(ke>(O4b(8Oa>G>b9(9=4G9V(>b(G>b95a9G(>5(=>`=4(d>(ke>(59(̀ 8>O`89(f45]a8`9(a>OdGM`464(47j>a4(d>(>baed84(9(59(f45]a8`9J

$O4(d>(54b(fG475>69b(ke>(b>(fG>b>Oa9G4O(>O(54b(9n4b(4`=>Oa9bV(54b(9n4b(O4i>OQa9V(8O`5eb4(`e9Od4(b>(6>O`84O9(9(95NeO4b(9ea4G>b(>qaG9Oj>G4b(c(b>(d>b9GG4559f4`4(9(f4`4( 59( a>6Ma8`9V( >b(ke>( `e9Od4( b>(=975979(d>(f45]a8`9b(fe758`9bV>q8ba]9(d8i>Gb8d9d(>O(`4O`>f`84O>b(c(>O(9ea4G>bV(gG>Oa>(9(54(ke>(f4dG]9(b>G(>5b8NO8g8`9d4(d>(f458`c(>O(5>ONe9(8ON5>b9(cV(>5(b8NO8g8`9d4(d>(59(f9597G9(f45]a8`9>O(>bf9n45J

TTTTT

+8(b>(=9`>(95eb8_O(9(f458`cV(be(b8NO8g8`9d4(i9(4G8>Oa9d4(=9`89(59(9``8_OV(9(eOfG4NG969(4(9(eO9(f>Gbf>`a8i9(d>(9`a8i8d9dl(68>OaG9b(ke>(`e9Od4(b>(=9759(d>f45]a8`9(>O(>bf9n45V(b>(=9759(d>(59(5e`=9(f4G(>5(f4d>GJ(1>(g4G69(a95V(ke>(b8(b>G>g>G]9(9(59(5e`=9(f4G(>5(f4d>G(c(b>(f>Ob979(>O(8ON5>bV(b>(d8G]9(>Oa4O`>b(ke>(b>d>7>G]9(ea858^9G(>5(a>G68O4((f458a8`bl(54(`e95(G>9g8G69((59b(fG475>6Ma8`9b(ke>(b>N>O>G9O(d>78d4(9( 59(d8i>Gb8d9d(d>( aG9de``84O>b(c(>5( b8NO8g8`9d4(ke>( a8>O>Od>a>G68O9d4b(i4`9754b(>O(4aG9b(5>ONe9bV(d>(54b(̀ e95>b(>O(4`9b84O>b(O4b(9fG4Qf8964bV(b8O(G>`4O4`>G(59b(d8g>G>O`89bJ("Oa4O`>b(>b(O>`>b9G84(6>O`84O9GV(ke>`e9Od4(O4b4aG4b(=975964b(d>(f45]a8`9V(>ba964b(G>g8G8hOd4O4b(geOd96>Oa95Q6>Oa>(9(54(ke>(>b(59(5e`=9(f4G(>5(f4d>GV(68>OaG9b(ke>(̀ e9Od4(b>(>ba9(=9759Od4d>( f45]a 8`9( >O( 8ON5hb( ea858^9Od4( >5( a>G68O4( f458`cV( b>( >baM( =9759Od4V>bf>`]g8`96>Oa>V(d>(a4d4(9ke>554(ke>(i9(4G8>Oa9d4(9(59(9``8_OJ

18g>G>Oa>b(f4b8`84O>b(b>(ge>G4O(9d4fa9Od4(>O(59(hf4`9V(9`>G`9(d>(54(ke>(f4QdG]9(b>G(eO9(f45]a8`9(fH758`9J

"Oa4O`>bV(be7j>a8i96>Oa>(b>(=9O(a469d4(4aG4b(9ea4G>bV(d4b(>O(f9Ga8`e59G(f9G9aG9a9G(d>(d>j9G(eO9( G9d84NG9g]9(d>( 54(ke>( b8NO8g8`9(>O(6e`=4b(M678a4b(eO9f45]a8`9(fe758`9V(O4(b8O(9Oa>b(>bf>`8g8`9GV(ke>(f9G9(>b>(>Oa4O`>bV(b8>6fG>(b>>ba975>`]9(`464(>5(>f8`>OaG4(d>(59(g4G6e59`8_O(d>(59(>i95e9`8_O(d>5(9``84O9Gd>(59b(f45]a8`9b(fe758`9b(95(>ba9d4(>O(be(a4a958d9dJ

)464(>j>6f54V(b>(47b>Gi9(9(eO(9ea4G(6>q8`9O4(ke>(=9759(d>(ke>(59(>q`>fQ`8_O(d>5(fG475>69(f4dG]9(a>O>G(eO9(fG86>G9(G>bfe>ba9V(b8(b>(`4Ob8d>G9(eO9fG86>G9(d>g8O8`8_O(N>O>G958^9d9(ke>(`4Oa>6f5>(b454(54b(>5>6>Oa4b(b>n959d4bf4G(59(69c4G]9(d>(54b(9ea4G>bJ([5(d8`>U(mi964b(9(G>`4GG>G(54b(feOa4b(`>OaG95>bke>(a8>O>O(i9G84b(9ea4G>bm(79j4(>ba>(`4O`>fa4V(b>(f4dG]9(d>`8G(>Oa4O`>bV(ke>a4d9b( 59b( d>g8O8`84O>b( `48O`8d>O( >O( 9g8G69G( b86f5>( c( 559O96>Oa>( ke>( eO9f45]a8`9(fe758`9(>b( 59(9``8_O(f4G(f9Ga>(d>5(>ba9d4(d8G8N8d9(9(`e6f58G(`8>Ga4b47j>a8i4bJ

0`59G4(ke>(f9G9(>b>(646>Oa4V(b>(>ba9(=9759Od4(d>(ke>(eO9(f45]a8`9(fH758`9>b(59(9``8_O(f4G(f9Ga>(d>5(>ba9d4V(8O`5eb4(`G>4(ke>(>O(96hG8`9(59a8O9V(=e746e`=9(8Og5e>O`89(d>(eO(9ea4G(gG9O`hb(`4O((be(a>qa4(m"5("ba9d4(>O(9``8_OmJ("O95NHO(646>Oa4V(b>(`46>O^_(9(=9759G(d>(ke>(59b(f45]a8`9b(fH758`9b(G>g5>j979O95(>ba9d4(>O(9``8_OV(54(`e95(O4(ke8>G>(d>`8G(ke>(>ba4(ge>G9(G>958d9dV(f>G4(f9G9>5(646>Oa4V(ge>(59(>qf58`9`8_O(6Mb(`4Oi>O8>Oa>J()G>4(>(8Ob8ba4V(>O(ke>(>ba9>qf58`9`8_O( b>( d>G8i979( d>( 9ke>559b( ea858^9`84O>b( ke>( b>( =9`>O( d>( 95NeO4b9ea4G>b(>qaG9Oj>G4bV(b8O(>ba975>`>G( 59b(d8ba9O`89b(G>ke>G8d9bV(>O(`e9Oa4(9( 59b8NO8g8`9`8_O(d>(eO(i4`9754(e(4aG4V(>O(eO(f9]b(4(>O(4aG4V(>O(eO9(5>ONe9(4(>O4aG9J

&>G4(okeh(d8`>O(>554bpV(gG>Oa>(9(>ba9(fG>NeOa9(beGN>(eO(fG475>69V(f4Gke>(>O>b9(d>g8O8`8_O(f4dG]9(̀ 97>G(59(d>`8b8_O(d>5(>ba9d4V(ke>(f9G9(h5(>b(eO9(g4G69(d>

! W! W! W! W! W

9``84O9GV(4(ke>(f4G(>5(`4OaG9G84(fe>d>(>q8ba8G(eO9(d>`8b8_O(d>(O4(a469G(9``84QO>b(>bf>`8g8`9bl(i95>(d>`8G(ke>(>ba9b(=97G]9O(`464(d4b(`8G`eOba9O`89bV(f4G(eO59d4(>O(59(ke>(>5(>ba9d4(a46>(59b(d>`8b84O>bV(f>G4(>5(=>`=4(d>(ke>(>5(>ba9d4a46>(59b(d>`8b84O>b(86f58`9(ke>(>ba9(>q`5ec>Od4(4aG9b(d>`8b84O>bJ(1>`8G54(>O>ba>(646>Oa4V(b>(>Oa>Od>G]9(ke>(a9Oa4(59(d>`8b8_O(d>(>j>G`8a9Gb>(>O(eO4b(̀ 96Qf4bV(b>G89(eO9(f45]a8`9(fH758`9V(f>G4(f4G(4aG4( 59d4V(>5(d>j9G(d>(a469G(4aG4b`96f4b(f4G(>q`5eb8_OV(b>G89(a9678hO(eO9(f45]a8`9(fH758`9l(54(ke>(9g8G69(ke>>ba9(d>g8O8`8_O(9f9G>`>G]9(979G`9Od4(a4d4V(c9(ke>(eO9(f45]a8`9(fH758`9(8O`5e8QG]9(54b(`9b4b(>O(54b(ke>(>5(>ba9d4(8Oa>Gi8>O>(f9G9(b45e`84O9G(eO(fG475>69J

.>8a>G4V(>5(>ba9d4(>baM(8Oa>Gi8O8>Od4(f9G9(b45e`84O9G(eO(fG475>69(4(95NeO4bfG475>69bV(c(9(be(i>^V(>O(9ke>554b(̀ 9b4b(>O(d4Od>(>ba>(=9`>(468b8_OV(a9678hOb>(fe>d>O(`4Ob8d>G9G(`464(eO9(f45]a8`9(fH758`9J

0=4G9(b>(fG>b>Oa9O(d4b(646>Oa4b(86f4Ga9Oa>bV(f4G(eO(59d4V(9ke>554b(d4Od>=9c(eO9(9``8_O(>bf>`]g8`9V(c(f4G(4aG4V((`e9Od4(b>(fG>b>Oa9(59(9``8_OV(`464eO9(9``8_O(d>(>q`5eb8_OJ(->O8>Od4(>O(̀ e>Oa9(59(86f4Ga9O`89(d>(>ba4b(646>OQa4bV(b>(d>7>G]9O(a469G(`464(eO9(f45]a8`9(fe758`9J

;9j4(>ba4b(`G8a>G84bV(beGN>O(aG>b(b8ae9`84O>b(f9G9(a>O>G(>O(`e>Oa9l(59(fG86>G9V`e9Od4(>5(>ba9d4(O4(G>`4O4`>(59(86f4Ga9O`89(d>(eO(fG475>69l(59(b>NeOd9V`e9Od4(G>`4O4`8>Od4(59(86f4Ga9O`89(d>(eO(fG475>69(O4(=9c(̀ 4O`8>O`89(d>(59bd>`8b84O>b(>bf>`]g8`9b(9(a469Gl(c(59(a>G`>G9V(̀ e9Od4(9(f>b9G(d>5(G>`4O4`868>OQa4(d>(d8`=4(fG475>69V(>5(>ba9d4(b>(O8>N9(9(a469G(eO9(d>`8b8_O(>bf>`]g8`9(f9G959(b45e`8_O(d>5(68b64J()464(>j>6f54(f4dG]964b(a469G(eO(a>69(m59(b>`G>a9G89V>O(>5(̀ 9b4(d8baG8a95V(4(>O(>5(̀ 9b4(O9`84O95V(>5(68O8ba>G84(d>(b>NeG8d9d(c(̀ 4Oi8i>OQ`89(`8ed9d9O9mV(`464(>ba9(>O(59(G>958d9d(O4(>q8ba>l(>O(>5(`9b4(=8f4aha8`4(d>ke>(>q8ba8>G9V(b>(f4dG]9(d>`8GV(ke>(>5(N478>GO4(O9`84O95(4(d8baG8a95V(O4(a>OdG]9OO>`>b8d9d(d>(a469G(54b(a>69b(`4Oi>GN>Oa>b(9(>ba4bV(`464(fG475>69b(d>(be8O6>d89a4(8Oa>GhbV(d>78d4(9(ke>(>q8ba>(eO(>Oa>(`9f9`8a9d4(f9G9( 59(a469(d>d>`8b84O>b(8O6>d89a9b(c(>bf>`]g8`9b(ke>(54b(b45e`84O9G9OJ

"b(b978d4V(ke>(̀ e9Od4(>q8ba>O(>Oa>b(>ba9a95>b(̀ 4O(a>6Ma8`9b(>bf>`]g8`9b(cV(ke>`e9Od4( 59( `8ed9d9O]9( G>ke8>G>( b45e`8_O(d>(95NeO4(>ba4b( a>69b(>bf>`]g8`4bV>ba9(d>7>(d8G8N8Gb>(9(d8`=4b(>Oa>b(f9G9(d9G5>(b45e`8_O(95(fG475>69(6>O`84O9d49Oa>G84G6>Oa>(Q(9eOke>(O4(b8>6fG>(be`>d>(9b]QJ("ba4(d>a>G68O9G]9V(ke>(̀ e9Od4>5(>ba9d4V(d>`8d>(a>O>G(eO(5eN9G(>bf>`8g8`4(f9G9(aG9a9G(eO9(a>6Ma8`9V(>baM(a4Q69Od4(d>`8b84O>b(>bf>`]g8`9bV(>b(d>`8GV(>5(>ba9d4(G>`4O4`>(>5(fG475>69V(>b`4Ob8>Oa>(d>(59(O>`>b8d9d(d>(a469G(d>`8b84O>b(>bf>`]g8`9bV(a469(d8`=9b(d>`8Qb84O>b(cV(59b(55>i9(9(`974(f9G9(b45e`84O9G(>5(fG475>69J

1>(54(9Oa>G84G(fe>d>O(beGN8G(d4b(Oe>i9b(b8ae9`84O>bU(59(fG86>G9V(>O(d4Od>(>5>ba9d4(G>`4O4`>(>5(fG475>69V(>5974G9(eO(d89NO_ba8`4(c(eO9(>baG9a>N89V(`4O(>547j>a8i4(`59G4(d>(d9G5>(b45e`8_O(9(d8`=4(fG475>69V(f>G4(f4G(95NeO9(G9^_O(>O

! !! !! !! !! !

d>a>G68O9d9(g9b>(d>(59(86f5>6>Oa9`8_O(d>(59(>baG9a>N89(>ba9(b>(8Oa>GGe6f>(cO4( b>( G>a469V( >5( fG475>69( ke>d9G]9( >qfe>ba4( c( b8O( b45e`8_O( 95NeO9J( F( 59b>NeOd9V(>O(d4Od>(>5(>ba9d4(G>`4O4`>(>5(fG475>69V(d>b9GG4559(eO9(>baG9a>N89(c9d>6Mb(d>(>ba4(d>`8d>(ea858^9G(8O`>Oa8i4bV(54b(`e95>b(fe>d>O(b>G(d>(`9GM`a>G5>N95(cr4(64O>a9G84(`4O(>5(g8O(d>(G>958^9G(eO9(N>ba8_O(d8G>`a9(c(6Mb(MN85J

.>a469Od4(59(a>6Ma8`9(̀ >OaG95(d>(>ba9(̀ =9G59V(59(fG>NeOa9(ke>(beGN>(>b(>Oa4OQ`>b(okeh(=9`>(ke>(eO9(f45]a8`9(fH758`9(b>9(f45]a8`9p

&9G9(d9G(G>bfe>ba9(9(>ba9(fG>NeOa9V(?hOd>^V(ke8>O(79b9d4(>O(54b(>5>6>Oa4b7Mb8`4b(d>(eO9(f45]a8`9(>q8ba>Oa>b(9Oa>b(d>5(9n4(KJWWWV(f59Oa>9(d>(eO(64d46ec(b86f5>(59(a>b8b(d>(ke>(eO9(f45]a8`9(fe758`9(a>OdG]9(b>8b(>5>6>Oa4b(7Mb8`4bU>5( fG475>69V( >5( d89NO4ba8`4V( 59( b45e`8_OV( 59( >baG9a>N89V( 54b( G>`eGb4b( c( 59>j>`e`8_OJ

*4b4aG4b( a>O>64b( 59(O>`>b8d9d(d>(`59G8g8`9GV(_8N96>U( a4d9(f45]a8`9(fe758`9Vd>OaG4(d>(>b>(646>Oa4V(a4d9(f45]a8`9(fe758`9(G>g5>j9(eO(fG475>69V(>b>(fG475>Q69(=9c(O>`>b8d9d(d>(G>b45i>G54V(f>G4(G>be5a9(ke>(f9G9(G>b45i>G(>b>(fG475>69=9c(i9G84b(8Oa>GG4N9Oa>bJ

$O(fG86>G( 8Oa>GG4N9Oa>(b>G89V(48N9U(o`eM5(b>G89( 59( 5>N8a868d9d(ke>(a8>O>(>b>fG475>69(gG>Oa>(9(4aG4bp(&4Gke>(O4(>b(eO(b454(fG475>69V(=9c(i9G84b(fG475>69blfe>b(b8(`9d9(eO4(d>(eba>d>bV(b>(`4Ob8d>G9(eO(fG475>69(c(fG8i85>N8964b(>5fG475>69(d>(`968b9(G4j9V(fe>b(d>(a4d9b(g4G69b(O4b(i964b(9(fG>NeOa9GV(48N9Uo`eM5( >b( 59( 5>N8a868d9d( ke>( a8>O>( >5( fG475>69( d>( `968b9( G4j9V( gG>Oa>( 9( 54bd>6Mb( fG475>69bp( o)4O( keh( `59G8d9d( >ba964b( d>g8O8>Od4( >5( fG475>69( d>`968b9(G4j9p(055M(5>i9Oa9(59(69O4(>5(fG475>69(d>(`968b9(759O`9(c(d8`>U(eO646>Oa4V(c4(b4c(69b(`59G4V(c4(6>(fe>d4(fG>b>Oa9G(>O(eO9(g4G69(69b(`59G9V68>OaG9b(ke>(>5(fG475>69(d>(̀ 968b9(G4j9V(G>g5>j9(79ba9Oa>b(fG475>69b(8Oa>GO4bc(>O(b]V(O4(=9c(`59G8d9d(b47G>(>5J(1>(a95(g4G69(ke>(9=](=97G]9(ke>(d>g8O8G(>b4baG>b(̀ G8a>G84b(gG>Oa>(9(eO(fG475>69J

"O(`e9Oa4(95(d89NO4ba8`4V(>b(O>`>b9G84( 8d>Oa8g8`9G( 59b(`9eb9b(d>5(fG475>69V`e95>b(b4O(59b(`4Ob>`e>O`89b(d>5(68b64V(keh(>b(54(ke>(>ba9(be`>d8>Od4V(f9G99b](47a>O>G(eO9(b45e`8_O(c(aG9a9G(d>(9a>Oe9G54V(f>G4V(b8O4(beGN>(d8`=9(b45e`8_Ookeh(f9b9G]9p

*4b4aG4b(a>O>64b(f4G(>j>6f54V(okeh(b>G89(59(f45]a8`9(fH758`9(gG>Oa>(9(eO(fG4Q75>69(>i8d>Oa>p("5(fG475>69(>i8d>Oa>V(>b(eO(OH6>G4(d>(d>bf59^9d4bV(5e>N4O4b4aG4b(a>O>64b(ke>(7eb`9G5>(59(b45e`8_O(f9G9(54b(d>bf59^9d4b(c(>6f>^964b9(=9`>G(>5(d8b>n4J(+>(O4b(4`eGG>(>O(>ba>(646>Oa4V(ke>(i964b(9(=9`>G(eO5>i9Oa968>Oa4(>O(59b(`9f8a95>b(d>5(f9]bV(>O(59b(`9f8a95>b(d>(54b(aG>8Oa9(c(aG>bd>f9Ga96>Oa4bl(>ba964b(f>Ob9Od4(>O(59(b45e`8_OV(i964b(9(=9`>G(eO(5>i9Oa9Q68>Oa4(d>(keh(Oe6>G4(d>(f>Gb4O9b(>q8ba>OV(i964b(9(d8i8d8G(>b>(OH6>G4(d>

! K! K! K! K! K

f>Gb4O9b(ke>(>q8ba>O(>O(6ej>G>bV(>O(O8n4b(c(>O(=467G>bV(o>ba4(f9G9(kehp&4Gke>(a>O>64b(ke>(̀ 59G8g8`9G(̀ e9Oa4b(O8n4b(>q8ba>OV(f9G9(f4d>G(f>Ob9G(>O(59b>b`e>59bV(f9G9(f4d>G(f>Ob9G(>O(>5(OH6>G4(d>(fG4g>b4G>bV(f9G9(f4d>G(f>Ob9GeO(5eN9G(>O(d4Od>(d>7>O(>ba9G(9b>Oa9d4b(>ba4b(O8n4b(̀ 4O(54b(fG4g>b4G>bV(a>O>Q64b(ke>(f>Ob9G(>O(59(d8g>G>O`89`8_O(>OaG>(=467G>b(c(6ej>G>bV(f4Gke>V(b>NeG9Q6>Oa>(=97GM(ke>(fG4f8`89G(eO9b(4f4GaeO8d9d>b(d>(aG979j4(9(=467G>b(c(6ej>QG>bl(>O(g8OV(>O(>b9(7Hbke>d9(d>(59b(b45e`84O>bV(O4b4aG4b(a>O>64b(ke>(a>O>G`59G8d9d(d>(59(G>bfe>ba9V(f>G4(8Ne956>Oa>V(a>O>64b(ke>(a>O>G(59(5>N8a868d9d(c>5(̀ 4O4`868>Oa4(d>(a4d4b(54b(8Oi45e`G9d4bJ

D9c(ke>(d8G8N8GO4b(9(a9Oa4b(O8n4bV(a9Oa9b(6ej>G>bV(a9Oa4b(=467G>bV(6Mb(9eOV>O(̀ 59G8g8`9G(9(O8i>5(G>N84O95V(b8(a>O>64b(>b>(̀ Ge`>(d>(f4759`84O>bJ("O(;4N4aMVa>O>64b(eO9( `9Oa8d9d( d>( N>Oa>( ke>(=9( b8d4( d>bf59^9d9( d>( 59()4ba9( c( >O-eOj9V(8Ne956>Oa>(a>O>64b(N>Oa>(d>bf59^9d9(d>(59()4ba9(cV(ke>(a>O>64b(ke>`4Ob8d>G9G(ke>(O4(>baMO(9`4bae67G9d4b(9(59b(`4Od8`84O>b(`586Ma8`9b(d>5(64Q6>Oa4J("b(d>`8GV(59b(b45e`84O>b(a>OdGMO(ke>(55>i9GO4b(9(ke>(O4b4aG4b(68G>64b`e8d9d4b96>Oa>(54b(f9b4b(9(b>Ne8G(f9G9(b45e`84O9G(>5(fG475>69J

F9(i8>O>(59(>baG9a>N89V(okeh(i964b(9(=9`>G(>Oa4O`>bp

<964b(9(>6f>^9G(fG86>G4(f4GJ(o&4G(59b(`e9aG4(fG86>G9b(`9f8a95>bp(o&4G(59b`9f8a95>b(d>5(O4Ga>(d>5(f9]bp(o&4G(59b(d>5(beGp(o,9b(d>5(`>OaG4p("O(g8OV(b>(i9O4GN9O8^9Od4(54b(f9b4b(9(b>Ne8GV(̀ 464(̀ e9Od4(eO4(i9(f4G(eO(b>Od>G4(c(fG>a>OQd>(55>N9G(9(59(f9Ga>(95a9(d>(59(64Oa9n9V(of4G(keh(59d4(`4N>Gp(o&4G(keh(59d4`968O964bp(o&4G(>5(59d4(8^ke8>Gd4p(o&4G(>5(d>G>`=4p(*4V(f4b875>6>Oa>(>ba>f>ke>n4(b>Od>G4(d>69G`9d4(9ke]V(O4b(55>i>(6Mb(gM`856>Oa>(c(6Mb(GMf8d96>OQa>(9( 59(f9Ga>(d>(9GG879(d>( 59(64Oa9n9J(0=](>ba964b(i8>Od4(O4b4aG4bV(fe>b`464(be(O467G>(54(8Od8`9V(59(>baG9a>N89(9(b>Ne8GJ

,4b(G>`eGb4b(ke>(f4b875>6>Oa>(>5(>ba9d4(=9559(d>j9d4(ke8>a9V(`46f5>a96>Oa>ke8>a9(59(G>b45e`8_O(d>(>b>(fG475>69(f4G(ke>(O4(=9c(G>`eGb4b(cr4(54b(9`a4G>bf45]a8`4b(=9O(fG>b>Oa9d4(`464(9GNe6>Oa9`8_OV(59(O4(>q8ba>O`89(d>(G>`eGb4bf9G9(O4(9gG4Oa9G(59(G>b45e`8_O(d>5(fG475>69l(O4b4aG4b(=>64b(>b`e`=9d4(Oe>bQaG4(f9]b(>O(>5(H5a864(a8>6f4V(9GNe6>Oa9`84O>b(d>(>ba9(]Od45>V(O4V(>b>(fG475>Q69(O4(54(f4d>64b(974Gd9G(f4Gke>(O4(a>O>64b(d8O>G4V(d>jh64b54(ke8>a4(c79j4(59(d8b`e5f9(d>(ke>(O4(>q8ba>O(54b(G>`eGb4bV(b>(45i8d9(G>b45i>G(eO(fG475>69ke>(>b(̀ >OaG95(c(geOd96>Oa95(f9G9(>5(d>b>Oi45i868>Oa4(d>(6e`=4b(b>G>b(=e69QO4b(>O(5eN9G>bV(>O(d8ba8Oa4b(5eN9G>b(d>5(f9]bJ(A8O956>Oa>(i8>O>(54(ke>(b>G89(59>j>`e`8_OV(f4O>G(>O(fG9`a8`9(a4d9b(>b9b(>baG9a>N89bV(d>(59b(`e95>b(b>(=9O(=9Q759d4V(59(ea858^9`8_O(d>(54b(G>`eGb4bV(=97>G(fG8i85>N89d4(59(6>j4G(b45e`8_OJ

"b`edG8n9Od4(`4O(`e8d9d4V(ke>(>b>(d89NO4ba8`4(ke>(b>(=9c9(d9d4(O4(>ba>>ke8i4`9d4V(c(g8O956>Oa>V(ke>(O4(b>(>ke8i4ke>(eO4V(>5(fG475>69(>G9(>5(ke>a>O]9(59(6>j4G(5>N8a868d9d(c(O4(O4b(G>be5a>(ke>(>5(fG475>69(d>(59(`968b9(G4j9

! L! L! L! L! L

O4(>G9(>5(geOd96>Oa95V(b8O4(>5(d>(59(`968b9(759O`9V(ke>(b>(>O`e>OaG9(>O(59f9Ga>(d>(9aGMbJ

&9G9((>5(646>Oa4(ke>(O4b(4`ef9V(b>(=9759(d>(eO(̀ 8`54(d>(59b(f45]a8`9b(fH758`9bc(eO4(d8`>(ke>(59b(f45]a8`9b(fH758`9bV(g]j>b>(ke>(a>O89(eO9(b86858aed(9(54(ke>(O4b>ba979(f59Oa>9Od4(>5(9ea4G(?hOd>^V(>O(>5((ke>(=9c(>5>6>Oa4b(7Mb8`4bV(>5(fG4Q75>69V(>5(d89NO4ba8`4V(59(b45e`8_OV(59(>baG9a>N89V(54b(G>`eGb4bV(c(9ke](>O`4OaG9Q64b(54(ke>(b>(d>O468O9V(b>(d>O468O4(deG9Oa>(a4d4(>b>(f>G84d4V(>5(̀ 8`54(d>(59bf45]a8`9b(fH758`9bV(f4G(>b4(b>(9be6]9(d>(ke>(>q8ba>(eO(4G8N>OV(955M(=97GM(eOfG475>69V(=9c(O>`>b8d9d(d>(g4G6e59G(`e95>b(b>G89O(59b(b45e`84O>bJ

0f9G>`>(59(86f5>6>Oa9`8_O(c(59(>j>`e`8_OV(>O(95NeO4b(ah`O8`4bV(86f5>6>Oa9G>b(d8ba8Oa4(9(>j>`ea9GV(>O(4aG4b(b>(a8>O>(>O(̀ e>Oa9(ke>(86f5>6>Oa9G(c(>j>`ea9G(>b54(68b64l(f9Ga8`e59G6>Oa>(b8(6>(8Oi8a9G9O(9(̀ 46fG46>a>G6>V(c4(̀ G>4(ke>(6>`46fG46>a>G]9(`4O(59(86f5>6>Oa9`8_O(c(4aG9(59(>j>`e`8_OJ

1>OaG4(d>(>b>(`8`54V(9f9G>`>(59(>i95e9`8_O(c(>5(9OM58b8bV(g]j>Ob>(eba>d>bV(ke>(b8eO4(i9(>i95e9Od4(f>G69O>Oa>6>Oa>(eO9(f45]a8`9V(4(9O958^9Od4(f>G69O>Oa>Q6>Oa>V(fe>b(eO4(59(>ba9(>i95e9Od4J

&9G9(95NeO4b(9ea4G>bV( d8`>V( `e9Od4(c4(>OaG4(>O(>b>(fG4`>b4(d>(9OM58b8b( c>i95e9`8_O(c(>ba4c(̀ 4GG8N8>Od4(>GG4G>bV(54(ke>(>ba4c(a>O8>Od4(>b(9O958^9Od4(>5d>b9GG4554(d>(eO9(f45]a8`9V(f>G4(>ba4c(N>O>G9Od4(eO9(O8>N9l(6>(>qf58`4V(m>ba4c`4GG8N8>Od4(54b(>GG4G>b(fG>b>Oa>b(>O(59(fG86>G9(cV(>O(59(`4GG>``8_O(d>(>b4b>GG4G>b(86f58`9(ke>(c4(>O(4`9b84O>b(`464(ke>(`4GG8j4(>5(G8a64(c(59(`4GG>``8_Od>5( G8a64mV( `4O( >ba4( ke>( d>`864bV( fe>b( ke>( eO4(f4dG]9( 9g8G69G( f9G9( >b>646>Oa4V(ke>(eO9(f45]a8`9(fH758`9(>b(eO(aG4O`4(ke>(i9(a>O8>Od4(a4d9(eO9b>G8>(d>(G968a9b(c(ke>(59b(G968a9bV(>O(eO(646>Oa4(d>a>G68O9d4(i9O(9dke8QG8>Od4(eO9(8Od>f>Od>O`89(a95V(ke>(b>(i9O(̀ 4Oi8Ga8>Od4(>O(4aG9b(f45]a8`9bV((ke>9(59(i>^(a>OdGMO(O4(G968a9b(c9V(b8O4(G968g8`9`84O>bJ

1>bfehb(d>(>ba>(aG9b>N9GV(O4b4aG4b(i964b(9(>O`4OaG9G(ke>(f9G9(>b>(646>Oa4?hOd>^(fG>b>Oa9(eO9(d>g8O8`8_O( 8d>95V(d>(keh(>b(eO9(f45]a8`9(fH758`9V(9beQ68hOd459(>O(54b(b8Ne8>Oa>b(ahG68O4bU(̀ 464(fG86>G4V(59(>j>`e`8_O(d>(eO(f9ke>Qa>(d>(9``84O>b(>baG9ahN8`9b(G>59`84O9d9bl(b>NeOd4V(ea858^9Od4(̀ 464(8O`>Oa8i4beO4(4(i9G84b(G>`eGb4bV(>ba4b(G>`eGb4b(fe>d>O(b>G(d>(4GN9O8^9`8_O(>`4O_68`9V5>N95>bV(d>(7Hbke>d9(d>(G>`eGb4b(=e69O4bV(>a`JV(>a`JV(>a`JVs(-G>bV(b8Ne8>Od4`8>Ga4(4Gd>O(>ba975>`8d4(f9G9(eO9(>baG9a>N89(d>(9``8_Ol(̀ e9aG4V(9(g8O(d>(̀ e6f58G`8>Ga4b(47j>a8i4b(N>O>G95>b(g8j9d4b(f4G(>5(>ba9d4V(>O(d4Od>(NG9`89b(9(eO(d89NQO4ba8`4V(d8`=9(>baG9a>N89(c(47j>a8i4b(N>O>G95>bV(b>(9b4`89O(9(eO(fG475>69(f>GQ`878d4(f4G(>5(>ba9d4(̀ 464(fH758`4V(ke8aMOd45>(fG86>G4V(b>NeOd4V(a>G`>G4V(̀ e9GQa4V(ke8Oa4V(a>O>64bV(ke>(>Oa4O`>b(b>G89(59(>j>`e`8_O(d>(eO(f9ke>a>(d>(9``84O>b>baG9ahN8`9b(G>59`84O9d9bV(ea858^9Od4(̀ 464(8O`>Oa8i4b(eO4(4(i9G84b(G>`eGb4b(d>4GN9O8^9`84O>bV(>`4O_68`4Q(5>N95>bV(b8Ne8>Od4(eO(̀ 8>Ga4(4Gd>O(>ba975>`8d4(f9G9

! X! X! X! X! X

eO9(>baG9a>N89(d>(9``8_OV(9(g8O(d>(`e6f58G(`8>Ga4b(47j>a8i4b(N>O>G95>b(g8j9d4bf4G(>5(>ba9d4V(>O(d4Od>(NG9`89b(9(eO(d89NO4ba8`4V(d8`=9(>baG9a>N89(c(47j>a8i4bN>O>G95>bV( b>(9b4`89O(9( 59( (d>(eO(fG475>69(f>G`878d4(f4G(>5( >ba9d4(`464fH758`4J

$ba>d>b(d8GMO(of4G(keh(G>8a>G4(>b4pV(f4Gke>(>O(>b9(fG86>G9(f9Ga>V(b>(=9`>78>O(86f4Ga9Oa>(ke>(a>ON964b(>O(`59G4(ke>(b>(f>Ob979(>O(59b(f45]a8`9b(fe758Q`9b(`464(>5(>ba9d4(>O(9``8_OJ

0ke>554(ke>(d>`]9(c4V(ke>(b>(=97]9(5>]d4(d>(eO(9ea4G(gG9O`hb(ke>(d>`]9U(m"5>ba9d4(>O(9``8_Om(c(ke>(5>(>ba964b(d9Od4(a4d4(>5(f>b4(95(>ba9d4V(>ba964be78`9Od4(95(>ba9d4V(̀ 464(9ke>5(ke>(G>`4O4`>(>5(fG475>69V(̀ 464(9ke>5(ke>(b>8Oa>G>b9(f4G(G>b45i>G(>5(fG475>69(c(>i8d>Oa>6>Oa>V(fe>b(a>O>64b(̀ 59G4(d>(ke>V`e9Od4(eO4(d8`>(>5(>ba9d4V(9=](>ba9(59(d8g8`e5a9d(d>(ke>(O4b4aG4b(f4d964bfG>`8b9GJ

"O( 8Ne95(6>d8d9V( c4( G>`e>Gd4(ke>(f9G9( 59(hf4`9V( c9(>ba964b(>O( 54b(9n4bO4i>Oa9V(ge>G4O(9f9G>`8>Od4(9ea4G>b(>qaG9Oj>G4b(>O()4546789V(ke>(>i8d>Oa>Q6>Oa>((>G9O(ea858^9d4b(f4G(59(̀ 4b>`=9(O9`84O95l(eO4(d>(>554b(>b(>ba>(a>qa4V(c(O4>O`4OaG979(ke>(>OaG>(d8ba8Oa4b(`45>N9b(9f9G>`]9(`464V(`464(>5(9feOa>(d89G849(G>`4Gd9GV(>5(f4d>G(68G9G(eO(a>qa4(aG9de`8d4(d>5(gG9O`hbl(fe>b(O4b4aG4b(a>O>Q64b( >5( 8Og4GaeO84( d>( ke>(6e`=9b( d>( 59b( aG9de``84O>b( b>( =9`>O(f9b9d4( >5a8>6f4V( 5e>N4(ke>(`e9Od4(eO4(>6f8>^9(9(=9759G(d>(54(aG9de`8d4V(eO4(>ba9=9759Od4(95N4(aG9bO4`=9d4V(f4Gke>(=9(b8d4(aG9de`8d4(9n4b(d>bfehb(cV(c9(=9c95N4(O4i>d4b4(>O(>5(5eN9G(4G8N8O95J

&>G4(f9G9(59(hf4`9V(O4b4aG4b(>O`4OaG964b(ke>(9f9G>`]9O(>ba>(f9G(d>(9ea4G>b(c>O(eO9(fG86>G9(>q`>f`8_OV(>554b(i9O(9(d>`8G(ke>(eO9(f45]a8`9(fH758`9V(>b(>5G>be5a9d4(d>(59(9`a8i8d9d(d>(eO9(9ea4G8d9d(>Oi>ba8d9(d>(f4d>G(fH758`4(c(5>N8Qa868d9d(Ne7>GO96>Oa95V(g]j>b>(ke>(9ke](=9c(eO(`96784V(9ke](b>(>ba9(=9759Od4d>(eO9(9ea4G]9(>Oi>ba8d9(d>(f4d>G(fe758`4(c(d>(5>N8a868d9d(Ne7>GO96>Oa95V(O4>ba964b(=9759Od4(c9(d>(54(ke>(b>(i8>O>(=9759Od4(d>5(>ba9d4V(b8O4(b86f5>(c559O96>Oa>(>O`4OaG964b(ke>(9=](=9c(eO9(9ea4G8d9d(>Oi>ba8d9(d>(f4d>G(fH758Q`4(d>(5>N8a868d9d(Ne7>GO96>Oa95l(f>G4(a8>O>(eO9(b>NeOd9(9`>f`8_OV(f9G>`>eO9(f45]a8`9(fe758`9l(b>(fG>b>Oa9(̀ 464(eO(fG4NG969(d>(9``8_O(Ne7>GO96>Oa95>O(eO(b>`a4G(d>(59(b4`8>d9dV(>O(eO(>bf9`84(N>4NGMg8`4J

"O(eO(b>`a4G(d>(59(b4`8>d9dV(fe>d>(b>G(>O(b95edV(fe>d>(b>G(>de`9`8_OV(>554b>baMO(=9759Od4(d>(59b(f45]a8`9b(fH758`9bV(>O(eO(5eN9G(>bf>`]g8`4(N>4NGMg8`96>Oa>=9759Od4J

*4b4aG4b(f4d>64b(=9759G(d>(59b(f45]a8`9b(fe758`9b(ke>(b>(>baMO(a>O8>Od4V(kehb>(c4J(&9G9( b>G(eO(f4`4sV( aG9b`>Od>G(eO(f4`4(>O()4546789V( 59b(f45]a8`9bfH758`9bV(Q(68b(`45>N9b(i8>O>O(69b(a9Gd>V(d>(b95ed(Q(59b(f45]a8`9b(fe758`9bV(>564d>54(d>(59(f45]a8`9(fH758`9(>O()=85>J

! S! S! S! S! S

*4b4aG4b(f4d>64b(=9759G(d>5(64d>54(d>(59(f45]a8`9(fH758`9(d>(b95edV(O4b4aG4b>b`e`=964b(>O(95NeO9b(4`9b84O>b(59b(d8g>G>O`89b(ke>(a>O>64b(O4b4aG4bV(9`>GQ`9(d>(eO9b(f45]a8`9b(fH758`9b(>O(eO(6eO8`8f84(4(>O(eO(a>GG8a4G84(>O(f9Ga8`e59GJ*4b4aG4b(b97>64b(ke>(>O(54(ke>(G>bf>`a9(9(54b(6eO8`8f84b()4546789O4bV(>5j>g>(d>(59(f458`]9V(>5(j>g>(>b(>5(95`95d>V(c(>5(95`95d>(fe>d>(8ON>O89G(a4d9(eO9(b>G8>d>(>baG9a>N89b(d>(b>NeG8d9d(c(`4Oi8i>O`89V(ke>(O4(b8>6fG>(>baMO(>O(9G64O]9`4O(59b(>baG9a>N89b(ke>(fe>d>(a>O>G(>5(`469Od9Oa>(d>(59(f458`]9(4(>5(>jhG`8a4Vf4Gke>(beb(4G78a9b(b4O(d8ba8Oa9bl(>Oa4O`>b(eO4(fe>d>(>O`4OaG9G(cV(6Mb(9eOV>O`e>OaG9(ke>(9ke>554b(5eN9G>b(d4Od>(=9c(eO9(`9b>a9(d>5(>jhG`8a4(d>(6e`=986f4Ga9O`89V(>5(`469Od9Oa>(d>5(>jhG`8a4(4(>5(`469Od9Oa>(d>(59(f458`]9V(`9b8ke>(a8>O>(6Mb(86f4Ga9O`89(ke>(>5(95`95d>V(c(̀ e9Od4(eO4(68G9(9d>OaG4V(ke8>O>ba469O(59b(d>`8b84O>b(c(>O(keh(9bf>`a4(59b(a469OV(59(g4Ga95>^9(d>(>b>(68>67G4d>(59(f458`]9(4(d>(>b>(68>67G4(d>5(>jhG`8a4V(4f8O>OU(59(`9f9`8d9d(jeG]d8`9(ke>a8>O>(>5(95`95d>V(ke>(b4O(d>(59b(̀ 4b9b(ke>(a8>O>(eO4(ke>(G>b45i>GJ("O(;4N4aM(eO4i>(`4b9b(`eG84b9b(ke>(`e9Od4(=9c(`4O`>j4b(d>(b>NeG8d9dV(b8(>5(95`95d>(69Od995(b>`G>a9G84(d>(@478>GO4V(>5(N>O>G95(ke>(>ba9(ebe956>Oa>V(b8>Od4(>5(`469OQd9Oa>(d>(59(f458`]9V(69Od9(9(be(̀ 4G4O>5V(f4Gke>(>Oa8>Od>O(ke>(a8>O>(ke>(>ba9Gd>(aH(9(aH(c(c4(d>(N>O>G95V(O4(i4c(9(>ba9G(`4O(>5(b>`G>a9G84(d>(@478>GO4J

)4b9b(bea85>b(ke>(eO4(>O`e>OaG9(>O(6e`=4b(6eO8`8f84b(f>ke>n4bV(>O(d4Od>ke8>O(f8b9(ge>Ga>V(>b(>5(ke>(a8>O>(59(9ea4G8d9d(d>5(eb4(fG8i9a8i4(d>(59b(9G69bV(cO4(d>5(7eGN469>baG>(4(59(d>5(6eO8`8f84J

0ke]( G>b`9a964b( 8Ne956>Oa>V( ke>( >O( eO9( b>NeOd9( >q`>f`8_OV( b>( fG>b>Oa9`464(eO(fG4NG969(d>(9``8_O(Ne7>GO96>Oa95V(c9(=9(d>b9f9G>`8d4(59(=8ba4G89d>(ke>(a8>O>(ke>(b>G(>5(>ba9d4J("b>(>b(>5(f9O4G969(ke>(O4b4aG4b(a>O>64b(=9ba99Oa>b(d>5(9n4(KJWWWJ

"Oa4O`>b( O4b4aG4bV( b8( =9O( ke>d9d4( 95NeO9b( 5968O8a9bV( NeMGd>O59b( f9G9( 59bfG>NeOa9b(4(`464(eO4(a8>O>(59(9ea4O46]9(d>5(`9b4V(>O(95NHO(646>Oa4V(c468b64(6>(d4c( N45f>( d>( >ba9d4( c( d8N4V( 7e>O4V( b8( a8>O>O( 95NeO9(fG>NeOa9g4G6H5>O59V(fe>b(f4Gke>V(9(i>`>b(>b(`464(a9O(d>b`4Oa>qae958^9d4V(ke>(eO4>b`e`=_(59(fG86>G9(f9Ga>(d>(59(>qf4b8`8_OV(95N4(ke>(b>(d8j4(c(6>(b>67G_(eO9ded9V(c(c4(a>ON4(ke>(>bf>G9G6>(=9ba9(ke>(a>G68O>(59(b>NeOd9V(a>G`>G9V(̀ e9Ga9c(ke8Oa9(f9Ga>V(f9G9(g4G6e59G(59(fG>NeOa9l(>Oa4O`>b(d>b4Gd>Oh64O4bV(b8(a8>O>Ob47G>(>ba9(fG86>G9(f9Ga>(95NeO9(fG>NeOa9V(78>Oi>O8d9(b>9J(Q(7e>O4V(54b(`4N]gG]4b(Q

05N4(ke>(=9c(ke>(G>8i8Od8`9G(>O(ahG68O4b(N>O>G95>bV(>b(ke>(59b(b8ae9`84O>b(ke>b>(i8i>O(4(ke>(b4O(i8i8d9b(f4G(59(=e69O8d9dV(b4O(9`a4b(gGea4(d>(59(9`a8i8d9d(d>54b(b>G>b(=e69O4bJ

0(59(=8ba4G89(5>(fG>ba964b(>b>(`4O`>fa4V(>(8Od>f>Od8>Oa>6>Oa>(d>(9ke>554b=>`=4bV(gGea4(d>(̀ 8G`eOba9O`89b(d>(59(O9aeG95>^9V(a4d4b(54b(d>6MbV(b4O(gGea4(d>

! Y! Y! Y! Y! Y

59(8Oa>Gi>O`8_O(d>(54b(b>G>b(=e69O4bl(`4O(>ba4(ke>(ke>G>64b(d>`8GV(ke>(>56eOd4(ke>(a>O>64bV(ke>(aei864b(c(ke>(i964b(9(a>O>GV(>b(>5(G>be5a9d4(HO8`4d>5(9``84O9G(d>(O4b4aG4bJ

+4O(59b(g4G69b(9(aG9ihb(d>(59b(`e95>b(O4b4aG4b(O4b(G>59`84O964bV(c(f4d>64bi>G(aG9a9d4b(8Oa>GO9`84O95>bV(ke>(d8`>(eO4U(48N9V(of4G(keh("ba9d4b($O8d4b(O4=9(beb`G8a4(eO(aG9a9d4(ke>(a8>O>(ke>(i>G(̀ 4O(59(d>`8b8_O(d>g8O8a8i9(d>(59b(68O9bke8>7G9(f8>GO9bp(#e>(of4G(keh(=9c(95NeO4b(f9]b>b(ke>(O4(beb`G87>O(95NHO9`e>Gd4V(9(f9Ga8G(d>5(`e95V(i955964b(d>feG9Od4(eO(f4`4(>5(695(9678>Oa>(ke>a>O>64bV(gGea4(d>(59(>68b8_O(d>(N9b>bp(c(eO4(i9(9(>O`4OaG9G(ke>(59(G>bfe>ba9V>b(f4Gke>(O4b4aG4bV(54b(b>G>b(=e69O4b(O4b(d>b>Oi45i>64b(d>bd>(59(_fa8`9(d>58Oa>GhbJ(+8(O4b4aG4b(O4(O4b(d>b>Oi45i8hG964b(>O(>5(6eOd4(d>bd>(59(_fa8`9(d>58Oa>GhbV(>5(6eOd4(>ba9G]9(>O(4aG9bJ

"b(d>`8GV(̀ 4O(54(ke>(b>(N9ba9(>O(9G69b(>O(eO(d]9(f4G(f9Ga>(d>(i9G84b(f9]b>bV(b>f4dG]9(9ced9G(95(d>b9GG4554V(Q(O4(b>s(Q(d>(eO4V(d>(d4bV(d>(̀ 8O`4(4(d>(KS(d>(54bSK(f9]b>b(0gG8`9O4bl(f>G4(O4V(9=](=9c(eO(8Oa>GhbV(eO4(d8G]9(ke>(9=](=9c(eO9`G8a8`9(geOd96>Oa95(d>(54(ke>(b4O(59b(`4O`>f`84O>b(587>G95>bV(d>(ke>(O4b4aG4bf>d864b(ke>(O4b(G>bf>a>O(>5(N4`>(d>(Oe>baG4b(Neba4b(fG8i9d4bJ("5(N4`>(okeh86f58`9p("5(N4`>(86f58`9V(ke>(b8(59(`4O`>f`8_O(587>G95(9g8G69(ke>(a4d4b(a>O>Q64b(d>G>`=4b(>`4O_68`4b(c(f45]a8`4bJ

"5(=>`=4(d>(ke>(c4(a>ON9(eO9(d8g>G>O`89(>`4O_68`9(̀ 4O(4aG4bV(fe>b(c4(fe>d4=9`>G(`4O(68(d8O>G4(54(ke>(ke8>G9(c(6>(fe>d4(8G(>O(eO9(aG9`a4(6e59(9(f9b>9GQ6>(f4G(f9]b>b(6ec(f47G>b(>O(\gG8`9l(59(aG9`a4(6e59(a8>O>(eO9(a8O9(d>(79n4(ceO(`4Og4Ga(>qaG94Gd8O9G84(d>OaG4V(c(`e9Od4(6>(9a9ke>O(54b(f47G>b(b>G>b(=eQ69O4b(ke>( >baMO(6e>Ga4b( d>(=967G>V( c4(f8d4(ke>(6>( G>bf>a>OV( ke>(6>=9N9O(G>bf>a9G(54b(N4`>b(c(f8d4(9(59(9ea4G8d9d(ke>(6>(f>G68a9(ea858^9G(>b4bN4`>b(fG8i9d4bJ(Q(o=>(85ebaG9d4(78>O(59(b8ae9`8_Op

'aG9(`4b9(b>G89(ke>(c4(i9559(9(`46f9Ga8GJ(*4V(9(6](G>bf>a9O(>b4V(>b(d>`8GV(c4b4c(eO(=467G>(d>(`8>Ga9b(`958d9d>bV(ke>(O>`>b8a4(7>7>G(d>(`8>Ga9(9Ne9(86f4GQa9d9(d>( 54b(69O9Oa895>b(6Mb(fG8O`8f95>b(d>5(0b89V(f4Gke>(c4(O>`>b8a4(>b99Ne9V(O4(d8G]9(Q(48N9U(oa4d4b(54b(b>G>b(=e69O4b(O>`>b8a9O(>b4p(?66666sf>G4(=9c(59(jeba8g8`9`8_O(f4Gke>(68b(N4`>b(fG8i9d4bV(>i8d>Oa>6>Oa>(>b9(9Ne9>b(9ke](d>5(6eO8`8f84(d>(?>5N9GJ

"O(>5(9n4(KJWWWV(9f9G>`>O(eO4b(9`a4b(d>(`4OaG8`8_O(c(eO9b(`G]a8`9b(gG>Oa>(9(59b8ae9`8_O( ke>( b>( >ba979( i8i8>Od4V( c( 9d>6MbV( 9f9G>`>O( eO9b( `G]a8`9b( >O( >5b>Oa8d4(d>(fG>NeOa9Gb>V(_8N96>U(okeh(=9(be`>d8d4p(*4b4aG4bV(of4G(keh(O4b>O`4OaG964b(>O(59(b8ae9`8_O(ke>(O4b(>O`4OaG964bp(o&4G(keh(06hG8`9(,9a8O9p&4Gke>(b>(d8`>(ke>(06hG8`9(,9a8O9(aei4(eO9(dh`9d9(f>Gd8d9V(ke>(>b4b(9n4b4`=>Oa9(ge>G4O(f>Gd8d4b(f9G9(06hG8`9(,9a8O9(c(O4b4aG4b(O4b(i964b(9(>O`4OQaG9GV(`4O(ke>(=9c(eO(G>Q>6f>^9G(59(fG475>6Ma8`9(>q8ba>Oa>V(f4Gke>(O4(b>(=9Q

! R! R! R! R! R

7]9O(`e6f58d4(54b(47j>a8i4b(g8j9d4b(4(54b(47j>a8i4b(beb`G8a4b(f9G9(>5(685>O84l9d>6MbV(f4Gke>V(b>(f4O>(>O(a>59(d>(je8`84(54(ke>(>G9(>5(`4Ob>Ob4V(=9c(eO96>Oa8G9V(=9c(4aG9(g4G69(d>(`G8a8`9GV(=9c(4aG9(g4G69(d>(68G9G(59(fG475>6Ma8`9Vc(f4G(54(a9Oa4V(>6f8>^9O(9(9g54G9G(Oe>i9b(g4G69b(f9G9(G>b45i>G(i8>j4b(fG475>Q69b(O4(G>be>5a4bJ

"5(f9GM6>aG4(N>O>G95(>b(ke>(9(f9Ga8G(d>5(9n4(KJWWWV(O4b4aG4b(i964b(9(>O`4OQaG9G(i9G89b(4GN9O8^9`84O>b(8Oa>GO9`84O95>b(=9`8>Od4(>5(̀ 46>Oa9G84(d>(54(ke>(c45>b(d>`]9(9(eba>d>b(9=4G8a8`9V(48N9(okeh(f9b4(`4O(59(dh`9d9(f>Gd8d9(d>(06hQG8`9(,9a8O9p(F(6Mq86>V(f4Gke>(b>(i>]9(ke>(54b(9`a4G>b(f45]a8`4b(c(59(`8ed9d9QO]9V(=97]9O(9`>fa9d4(d>(Oe>i4(54b(je>N4b(f45]a8`4bV(c(9d>6MbV(f4Gke>(b>(=97]9i8ba4(4(b>(>6f>^979(9(N>O>G958^9G(>O(>5(MG>9(>5(̀ e6f5868>Oa4(d>(eO4b(G>ke8b8a4bd>(`4Ga>(d>64`GMa8`4J(&4G(>b4(d>`864b(O4b4aG4bV(9(f9Ga8G(d>5(KJWWWV(i9G89b4GN9O8^9`84O>b(8Oa>GO9`84O95>bV(̀ 46>Oa9Od4(59(̀ 4Ob458d9`8_O(d>64`GMa8`9(d>ke>(=97]9(b8d4(47j>a4(06hG8`9(,9a8O9V(d>bd>(54b(9n4b(4`=>Oa9(d>5(b8N54(i>8Oa>V>O( G9^_O( 9( ke>( 54b( 9`a4G>b( f45]a8`4b( c( 59( `8ed9d9O]9V( =97]9O( 9`>fa9d4( 59bG>N59b(d>5(je>N4(>5>`a4G95V(b>(d8>G4O(9(59(a9G>9(d>(9O958^9G(59b(`9eb9b(f4G(59b`e95>b(59(G>N8_OV(9(f>b9G(d>(=97>G(̀ G>`8d4(̀ 4Ob8d>G975>6>Oa>(c(d>(fG>b>Oa9G(eOfG4NG>b4(b4`895V(O4(d>bfG>`8975>V(=97]9(a>G68O9d4(>5(b8N54(`4O(dhg8`8a(b4`895959G69Oa>(c(`4O(O8i>5>b(d>b9GG4554(f4G(d>79j4(d>(54(>bf>G9d4J

o14Od>(>ba979O(59b(fG46>b9b(c(54b(G>be5a9d4b(d>(59b(fG46>b9bp

+95N9O(>O(06hG8`9(,9a8O9V(d>(>b4b(N478>GO4b(d8`a9a4G895>bV(7ebke>O(54b(6>`9QO8b64b(f4G(a4d4b(54b(6>d84b(d>64`GMa8`4b(f9G9(>5>N8G(9(beb(G>fG>b>Oa9Oa>bVke>(>b4(i9(N>O>G9Od4(eO9(Oe>i9(g4G69l(fe>b(G>be5a9V(ke>(>OaG964b(>O(a4d4>b4(c(`e9Od4(i864b(54b(G>be5a9d4bV(9(f>b9G(d>(=97>G(b8d4(9`>fa975>bV(O4(>G9O54b(ke>(b>(=97]9O(>bf>G9d4(f9G9(>5(646>Oa4l(c(>O`e>OaG4(>O(59b(̀ 4Oba9a9`84O>b>O(>b>(`4Oa>qa4(8Oa>GO9`84O95V(f4G(>j>6f54(>O(>5(9n4(KJWWSV(59(`468b8_O(>`4QO_68`9(f9G9(06hG8`9(,9a8O9(c(>5()9G87>V( `4GG474G979( a95(fG>4`ef9`8_O(95b>n959GV(ke>(>O(59(G>N8_O(m>ba4(>b(f9Ga>(d>5(8Og4G6>(ke>(>ba979(f9G9(>5(646>OQa4m(=9(=978d4(eO9(>b`9b9(d8b68Oe`8_O(d>5(f4G`>Oa9j>(d>(f4759`8_O(ke>(>ba979>O(>qaG>69(f47G>^9l(eO(!ZJY(d>( 59(f4759`8_O(d>( 59( G>N8_OV(O4i>Oa9(c(b>8b68554O>b(d>(f>Gb4O9bV(9n4(KJWWSV(i8i>O(>O(`4Od8`84O>b(d>(>qaG>69(f47G>^9Vb47G>(eO(a4a95(d>(d4b`8>Oa4b(i>8Oa>(c(d4b(68554O>b(d>(f47G>bV(54(ke>(G>fG>b>Oa9>5(XKJT(d>5(a4a95(d>(59(f4759`8_OJ(Q(48N9(okeh(>ba9(f9b9Od4p(Q

*4b4aG4b(i964b(9(>O`4OaG9G(8Ne956>Oa>V(ke>(>ba4b(8Oa>GG4N9Oa>b(i9O(9(̀ 4OdeQ`8GV(f>Gd_OJ("ba4(O4b(i9(9(55>i9G(9(`4Ode`8G(9(eO(b8O(OH6>G4(d>(8Oa>GG4N9Oa>bJ"5(fG86>G4(d>(a4d4bV(_8N96>U(of4G(keh(>ba4b(G>be5a9d4bp

#e>(be`>d8_(`4O(59b(f45]a8`9b(b>n959b(`4O(>5(`4Ob>Ob4(d>(E9b=8ONa4OV(okehf9b4p

*4b4aG4b(i964b(9(68G9G(>Oa4O`>bV(ke>(>5(`4Ob>Ob4(d>(E9b=8ONa4OV(d>(>b9bd>`8b84O>b(ke>(a469O(54b(b>G>b(=e69O4b(f9G9(G>b45i>G(beb(fG475>69bV(>5(̀ 4OQ

! Z! Z! Z! Z! Z

b>Ob4(d>(E9b=8ONa4OV(beb`G8a4(>O(>5(9n4(d>(!TTWV(d8N964b(ke>(>b(eO(9f4ba9Gf45]a8`4(d>(f9Ga>(d>(54b("ba9d4b($O8d4bV(`4OjeN9Od4(9(4aG4b(f9]b>b(d>(59(4G7>`9f8a958ba9(eO9(i>^(ke>(b>(`9>(>5(6eG4(d>(;>G5]OJ

.>`4Gd>64b(eO(f4ke8a8`4(59b(`8G`eOba9O`89bl(O4b4aG4b(9(G9]^(d>(59(G>i45e`8_Od>(745`=>i8ke>(d>(!T!RV(>O(59(eO8_O(d>(G>fe758`9b(b4`8958ba9bV(O4V(>O(54(ke>f4ba>G84G6>Oa>(>b(.eb89V(c(ke>(f4ba>G84G6>Oa>(b>GM(59($O8_O(d>(.>fe758`9b+4`8958ba9b(+4i8ha8`9bV(O4b4aG4b(i964b(9(>O`4OaG9G(>O(!T!R(eO9(G>i45e`8_OV(c>b9(G>i45e`8_OV(>5(d>b9GG4554(d>(>b9(G>i45e`8_O(i9(9(f59Oa>9G(eO9(`4O`>f`8_Od8ba8Oa9(d>5(6eOd4(c(eO9(`4O`>f`8_O(d8ba8Oa9(d>(59(g4G69(`464(b>(G>59`84O9O54b(=467G>bl(b8Oaha8`96>Oa>V(>OaG9(9(>ba9G(>O(`4OaG9f4b8`8_O(`4O(54b(NG9Od>bf59Oa>968>Oa4b(d>G8i9d4b(d>(59(G>i45e`8_O(gG9O`>b9(d>(!RZTJ

F(f9G9(f4O>G(d4b(`9b8a4bV(6>O`84O>64b(ke>(68>OaG9b(!RZT(=9759(d>(587>Ga9df45]a8`9V(587>Ga9d(>`4O_68`9V(d>bd>(955](d>G8i9V(59(587>Ga9d(f45]a8`9(c(59(587>Ga9d>`4O_68`9(c(b>(=9759(d>5(8Od8i8de958b64J(,9(̀ 4O`>f`8_O(d>(59(d8i8d8d9(.>fe758`9+4`8958ba9(+4i8ha8`9(O4b(i9(=9(`59G8g8`9GV(d>(ke>(>q8ba>(eO(>ba9d4(ke>(a8>O>(eOf9Ga8d4V(c(>b>(f9Ga8d4(>b(>5(ke>(N478>GO9(>5(>ba9d4V(c(ke>(=9c(eO4b(6>d84b(d>fG4de``8_O(ke>(b4O(d>(fG4f8>d9d(d>5(>ba9d4J

18N964b(ke>(b4O(d4b(̀ 454b4bV(a>_G8`96>Oa>(c(ke>(b>(>6f8>^9O(9(d>b>Oi45i>GVc(ke>(b4O(968N4b(=9ba9(!TXXJ("O(!TXX(`e9Od4(>ba964b(>O(54b(646>Oa4bd>g8O8a8i4bV(g8O95>b(d>(59(b>NeOd9(Ne>GG9(6eOd895V(-Ge69OV()=eG`=855V(i9O(9>6f>^9G(9(a469G(f4b8`8_O(cV(O4b4aG4b(>b`e`=964b(ke>(f9G9(59(hf4`9(b>(=9759d>(59(`4Ga8O9(d>(=8>GG4J(0ke](O4b(55>N979(59(8d>9(d>(ke>(`464(ke>(d>aGMb(d>eO9(`4Ga8O9(d>(=8>GG4(>ba979O(54b(6954bl(c4(G>`e>Gd4(ke>(54b(fG4NG969b(d>a>5>i8b8_O(>q8ba>Oa>b(>O()4546789(f9G9(59(hf4`9V(64baG979(eO4b(=467G>b(̀ 4ON979Gd8O9b(59GN9b(c(b467G>G4b(NG9Od>bV(c(b>(d>`]9O(`969G9d9b(cV(eO4(9be6]9ke>(>G9O( 54b(6954b( c( G>956>Oa>(>O(>b9(_fa8`9V( >G9O( 54b(6954bJ("OaG9O(>O`4Og58`a4(c(i9O(9(d8g>G>O`89Gb>(>O(>5(6eOd4(̀ 4O(d4b(b8ba>69b(a4a956>Oa>(d8ba8OQa4bV(54(ke>(55969G]9(eO4(>5(b8ba>69(`9f8a958ba9

$O4b(=467G>b(`4O(N979Gd8O9b(59GN9b(c(b467G>G4b(NG9Od>b(c(b>(d>`]9O(`969QG9d9bV(c(eO4(9be6]9O(d>(O8n4(ke>(>G9O(54b(6954b(c(G>956>Oa>((>O(>ba9(_fa8`9>G9O(54b(6954bJ("OaG9O(>O(`4Og58`a4(c(i9O(9(d8g>G>O`89Gb>(>O(>5(6eOd4(`4O(d4bb8ba>69b(`46f5>a96>Oa>(d8ba8Oa4bV(54(ke>(55969G]9(eO4(>5(b8ba>69(`9f8a958ba9(c>5(b8ba>69(b4`8958ba9V(c(̀ 464(b>(G46f>(>b>(9`46f9n968>Oa4(ke>(aei8>G4O(>O(59Ne>GG9V(`9d9(eO4(a469(be(Ge674(c(`9d9(eO4(i9(9(N>O>G9G(eO9(b>G8>(d>(f9]b>bke>(>baMO(95G>d>d4G(d>(>554b(c(f8>Ob9O(`464(>554bV(O4b4aG4b(>ba964b(>O(59_G78a9(d>5(4``8d>Oa>(c(>ba964b(95G>d>d4G(d>(54b("ba9d4b($O8d4b(d>(*4Ga>(06hQG8`9V(c(i964b(9(g4G69G(f9Ga>(d>5(f454(d>(54b("ba9d4b($O8d4bJ

"O(>5(f454(d>(59(eO8_O(d>(59b(.>fH758`9b(+4`8958ba9b(+4i8ha8`9b(>O(!TZT(=9c(eObe`>b4(>qaG94Gd8O9G84(c(>b(ke>(b>(̀ 9>(>5(6eG4(d>(;>G5]OJ(1>bfehb(d>(59(b>NeOQ

! T! T! T! T! T

d9(Ne>GG9(6eOd895V(;>G5]O(=97]9(a>O8d4(eO(6eG4(Q-G9`h64b54(9ke]J(*4(9ke]J*4(955M(QJ(F(=97]9(eO(6eG4(c(>ba>(6eG4((b>(`9>J(("b(59(4f4GaeO8d9d(>Oa4O`>bVf9G9(keh( b>(f4ON9O(d>( 9`e>Gd4(eO9( b>G8>( d>(4GN9O8b64b( 8Oa>GO9`84O95>bV`464(>5(g4Od4(64O>a9G84(8Oa>GO9`84O95(c(>5(79O`4(6eOd895(f9G9(fG>b>Oa9G(eOfG4c>`a4J

,4(̀ eG84b4V(ke>(>O`4OaG964b(O4b4aG4b(>O(>ba>(̀ 4Ob>Ob4(d>(E9b=8ONa4OV(̀ 464eO9(G>`>a9(>q8ba>Oa>(>O(>5(646>Oa4(f9G9(f59Oa>9G(keh(a8f4(d>(d>`8b84O>b(>`4QO_68`9b(c(f45]a8`9b(b>(d>7>(a469G(>O(>5(6eOd4V((f9G9(ke>(>5(6eOd4(b95N99d>59Oa>J(.>`4Gd>64b(ke>(=>64b(d8`=4V(ke>(O4(b>(=97]9((̀ e6f58d4(54(f59Oa>9Qd4(>O(>5((`4Ob>Ob4(d>(E9b=8ONa4OV(O8(54b(47j>a8i4b(d>5(685>O84J(&4G(>b4V(>ba9Q64b(=9759Od4(d>5(`4Ob>Ob4(d>(E9b=8ONa4OJ((<9(=9(d>`8G(48N9U(0ke]((=9c(eOG>`>a9G84(8Oa>G>b9Oa>(>O(54(f45]a8`4(c(54(>`4O_68`4V(c(O4b(i9(9(d>`8G(eO(b>Ne8d4G/4=O(E855896bV((>5(ke>(4GN9O8^9(c(d>g8O>(>5((d4`e6>Oa4(d8`>l((E9b=8ONa4O(>baMd>(9`e>Gd4V(c(`e9Od4(h5(d>`]9(E9b=8ONa4OV(b8NO8g8`979(ke>(>5(`46f5>j4(f45]a8Q`4V(>`4O_68`4(>(8Oa>5>`ae95V(8Oa>NG9d4(f4G(54b(4GN9O8b64b(8Oa>GO9`84O95>b(A4Od4?4O>a9G84V(;9O`4(?eOd895(c(>5(̀ 4ONG>b4(d>("ba9d4b($O8d4bV(59((G>b>Gi9(g>d>G95c(a4d4b(54b(95a4b(̀ 9GN4b(d>(59(95a9(9d68O8baG9`8_O(*4Ga>(06>G8`9O9(>ba979O(d>9`e>Gd4(̀ 4O(>b>(G>`>a9G84J

?>O`84O>64b(d4b(feOa4b(d>(>b>(G>`>a9G84J("b>(G>`>a9G84(d>`]9(ke>(d>7]9(=97>Gd8b`8f58O9(fG>befe>ba9G89V(587>G9`8_O(`46>G`895V((N9G9Oa]9(d>(54b(d>G>`=4b(d>fG4f8>d9dV(587>G9`8_O(`46>G`895J

"Oa4O`>bJ('8N9U("b4(O4(b>(̀ e6f58_V(O8(>5(̀ 4Ob>Ob4(d>(E9b=8ONa4O(b>(̀ e6f58_VO8(b>(`e6f58>G4O(a96f4`4(54b(8Oa>G>b9Oa>b(47j>a8i4b(d>5(685>O84J

,4b((47j>a8i4b(d>5(685>O84(b>(=97]9O(aG9^9d4(̀ 4O(9Oa>G84G8d9d(c(b>(=97]9(d8`=4U48N9V(54b((47j>a8i4b(d>5(685>O84(b>(>ba975>`8>G4O((>O(59(d>`59G9`8_O(d>5(?85>O84V9fG479d4(f4G(54b(N478>GO4b(d>(!ZT(f9]b>bV(ke>(f9Ga8`8f9G4O(>O(59()e67G>(d>5?85>O84(d>(59b(*9`84O>b($O8d9bV(>O(59b(ke>(b>(f59Oa>9G4O(Z(47j>a8i4b(d>(d>b9QGG4554(ke>(d>7]9O(i>Gb>(`e6f58d4b(f9G9(>5(KW!SJ

Q .>de`8G(9(59(68a9d(59(f47G>^9(>qaG>69(c(>5(=967G>J

Q A46>Oa9G(eO9(9b4`89`8_O(6eOd895(f9G9(>5(d>b9GG4554(`4O(6>a9bV(f9G9(599b8ba>O`89(>O(`46>G`84(c(>5(958i84(d>(59(`9GN9(d>(59(d>ed9J

Q &G464i>G(59(8Ne95d9d(>OaG>(54b(b>q4b(c(G>de`8G(59(64Ga958d9d(8Og9Oa85J

*8(b>(=97]9(`e6f58d4V(54(ke>(=97]9(f59Oa>9d4(>5(`4Ob>Ob4(d>(E9b=8ONa4OV(O8b>(=97]9O(`e6f58d4(54b(47j>a8i4b(d>5(685>O84V(okeh(f9b_p(F(>Oa4O`>bV(f9G9G>b45i>G(>b9b(fG>NeOa9bV(9f9G>`>O(>O(>5(>b`>O9G84(8Oa>GO9`84O95V(54b(4GN9O8bQ64b(8Oa>GO9`84O95>b(f4G(eO(59d4(c(f4G(>5(4aG4(59d4V(54b(9`9dh68`4bJ(F(>Oa4OQ

K WK WK WK WK W

`>bV(O4b4aG4b(i964b(9(>O`4OaG9G(ke>(>5(g4Od4(64O>a9G84(8Oa>GO9`84O95V(ke>(>5;%1(a8>O>(59b(b8Ne8>Oa>b(>qf58`9`84O>bU

"5(;9O`4(%Oa>G96>G8`9O4(d>(1>b9GG4554V(i9(9(>qfG>b9GV(ke>(̀ 464(̀ 9eb9b(d>(54ke>(>baM(be`>d8>Od4V(f4G(O4(=97>Gb>(`e6f58d4(54(f59Oa>9d4(f9G9(>5(685>O84(c54(f59Oa>9d4(>O(>5(̀ 4Ob>Ob4(d>(E9b=8ONa4OJ

!J "5(>Og4ke>(a>`O4`GMa8`4(ke>(=97]9(i>O8d4(86f>G9Od4V(Q`4Ob8d>G9d4(ke>(59g4G6e59`8_O(d>(f45]a8`9b(b4O(>5>N8d9b(f4G(g4G6e59d4G>b(d>(f45]a8`9b(7>OhQi454bQJ

-4d4(9ke>5( 8Oa>G>b9d4(>O(g46>Oa9G(6>j4G>b(G>be5a9d4b(b4`895>bV(a>OdG]9b86f5>6>Oa>(ke>(8d>Oa8g8`9G(f45]a8`9b(ke>(59b(N>O>G9G9O(c(`46eO8`9G59b(954b(G>bf4Ob975>b(d>(59(g4G6e59`8_O(d>(f45]a8`9bJ(AM`85J

055M(a>O>64b(eO4b(f9]b>b(>O(i]9(d>(d>b9GG4554V(955M(>baMO(>O(>5(0b89V(9ke]>ba9(\gG8`9( c(06hG8`9(,9a8O9V( g4G6e5>64b(eO( G>`>a9G84( c(69Odh64b54955MV(9(@9O9J("b>(b8Gi>(f9G9(>5("`e9d4GV(eO4(f9G9(>5(>`e9d4G(c(955M(69Od>Q64b(eO4(95(0b89(cV(b>(f>Ob979(b86f5>(c(559O96>Oa>(ke>(>5>N8G(9(7e>O4bg4G6e59d4G>b(d>(f45]a8`9b(fH758`9b(`4O(`9G9`a>G]ba8`9b(d>(a>`O_`G9a9b(>G9beg8`8>Oa>J("b(d>`8GV(>5(G>`>a9G84(b>(=97]9(`e6f58d4(=9ba9(>b>(646>Oa4J'8N9(of4G(keh(O4p(68G>O(>b4V(955M(69Od964b(95(>qf>Ga4J

KJ #e>( >5( >Og4ke>( a>`O4`GMa8`4( b>Ne]9( `4Ob8d>G9Od4( 59b( f45]a8`9b( `464>q_N>O9bl((>ba4(>bV(ke>(b>(4G8N8O9O(ge>G9(d>5(b8ba>69J(+8(b>(`4Ob8d>G979Oke>( 59b( f45]a8`9b( ( b>( N>O>G979O( ge>G9( d>5( b8ba>69J( &e>bV( ( a>ON964b( >5G>`>a9G84Q(D9N964b( eO9(0Q2J( A4G6e59`84O>b( f9G9( >5( ( =967G>V( f9G9( >5=967G>V(f9G9(>5((=967G>V(9ke]((>ba9(eO4J(&45]a8`9b(f9G9(>5(=967G>(c(69OQd964b(eO(G>`>a9G84J

A]j>Ob>(ke>(>b(eO(f4`4(54(ke>(=97]9O(=>`=4(54b(4GN9O8b64b(8Oa>GO9`84O9Q5>bJ(0ke](>baM(>5(G>`>a9G84J(#e>(a95V(eO4(d>(6hd8`4(>O(>b9b(`8G`eOba9O`89bJ-8>O>(54b(4j4b(=8O`=9d4bV(a8>O>(eO(f4`4(d>(>b`954gG8_((fe>b(dh64b5>(̀ 464=9`>O(>O(95NeO4b(5eN9G>bV(a95(G>6>d84(f9G9(̀ e95ke8>G(a8f4(d>(54b(>Og>G64bJ

14b(9bf>`a4b(>Oa4O`>bV(O4b(i9O(9(d>`8GU

!J #e>(>5(>Og4ke>(a>`O4`GMa8`4(ke>(=97]9(i>O8d4(86f>G9Od4V(̀ 4Ob8d>G979(ke>59(g4G6e59`8_O(d>(f45]a8`9b(b4O(>5>N8d9b(f4G(g4G6e59d4G>b(d>(f45]a8`9b(7>QOhi454bJ(A95b4J

KJ "O(>5(>Og4ke>(a>`O4`GMa8`4V(O4(b>(f4d]9(b>Ne8G(f>Ob9Od4(ke>(̀ 4Ob8d>G97959b(f45]a8`9b(`464(>q_N>O9bl((f4G((ge>G9(d>5(b8ba>69(ke>(59b(4G8N8O9J

+8(>ba4b(b4O(54b(f59Oa>968>Oa4bV((ke>(b>(=9`>O(f4G(f9Ga>(d>(54b(4GN9O8b64b8Oa>GO9`84O95>bV(d>5(gG9`9b4V(fe>b(a8>O>O(ke>(=97>G(95NeO9b(fG4fe>ba9bJ

K !K !K !K !K !

1>`864bU(+8(>b4(>b(`8>Ga4V(>Oa4O`>bV(95(>OaG9G(>O(>i8d>O`89(59(`G8b8b(>5(64d>54d>G8i9d4(d>5(>Og4ke>(a>`O4`GMa8`4(ke>(=97]9(9e6>Oa9d4(59b(f45]a8`9b(b>n959Qd9b(>O(>5(`4Ob>Ob4(d>(E9b=8ONa4OV(59(d8b`eb8_O(9`9dh68`9(c(54b(>baed84b(d>54b(4GN9O8b64b(8Oa>GO9`84O95>bV(54b(d4bJ(&4Gke>V(>b(ke>(6Mb(9d>59Oa>(i964b(9>O`4OaG964b(9(>b4b(a>_G8`4bV(9(>b4b(fG4g>b4G>bV(9(>b4b(9`9dh68`4bV(ke>(=9`>Oa4d4(eO(f59Oa>968>Oa4(a>_G8`4V(f9G9(d>`8G(ke>(>b(54(ke>(G>956>Oa>(8O`8d>(>O(>5fG4`>b4(d>(g4G6e59`8_O(f45]a8`9b(fH758`9bJ

,9( d8b`eb8_O( 9`9dh68`9( c( 54b( >baed84b( d>( 54b( 4GN9O8b64b( 8Oa>GO9`84O95>bVfG>b>Oa9O(9(̀ 4Ob8d>G9`8_O(d>(54b(N478>GO4bV(d>(54b(4GN9O8b64b(8Oa>GO9`84O95>bc(d>(54b(̀ 8ed9d9O4b(>O(N>O>G95V(Oe>i4b(f9G9d8N69b(f9G9(4G8>Oa9G(59b(f45]a8`9bJ$be956>Oa>(>O(>5(6eOd4(`e9Od4(a>O>64bV(`e9Od4(b464b(`4Ob`8>Oa>b(d>(b8Qae9`84O>b(`9_a8`9bV(c(i8>O>O(fG4fe>ba9bV(>ba9b(fG4fe>ba9b(=9c(ke>(=9`>G59b`464(>O(NG9Od>b(5eN9G>bV(=9`>G(NG9Od>b(̀ 4ONG>b4bV(d>(=>`=4l(9ke](O4b(G>eO8Q64b(c(a>O>64b(eO(NG9O(>O`e>OaG4(f9G9(68G9G(>5(9OM58b8bV(59(>i95e9`8_O(d>(59bf45]a8`9b(fH758`9bJ(*4(>b(54(68b64(ke>(a46>(eO4V(`464(eO(f>ke>n4(`eGb4(9ke>(b>(G>HO9(eO(OH6>G4(̀ 4Ob8d>G975>(d>(geO`84O9G84b(cr4V(9(ke>(O4b(>O`4OaG>Q64b(O4b4aG4b(ke>(>O(>5(̀ 4Oa>qa4(8Oa>GO9`84O95(=9c(eO9(NG9O(G>eO8_OJ

"Oa4O`>bV(O4b4aG4b(i964b(9(>O`4OaG9G(ke>(59b(G>eO84O>b(f9G9(7eb`9G(Oe>i4bf9G9d8N69bV(59(fG86>G9(d>(>559bV(b>(G>958^9(c(b>(`4Ob458d9(`4O(59(O>`>b8d9d(d>`4Ob8d>G9G(9(59b(8Oba8ae`84O>b(d>64`GMa8`9b(`464(eO(g8O(>O(b](68b64bJ(A]j>Ob>ke>(9=](>baM(59(8d>9(d>(59(d>64`G9`89(f5>O9V(d>bfehb(d>(ke>(aei864b(a4d4(>b>f>G84d4(O>g9ba4V(>O(d4Od>(9(aG9ihb(d>(59(`4O`>f`8_O(d>(b>NeG8d9d(O9`84O95V"ba9d4b($O8d4bV(O4b(i>Od8_(59(8d>9(d>(ke>(a>O]964b(ke>(a>O>G(N478>GO4b(9ea4QG8a9G84b(c(f9aG4`8O9G4O(9(0GN>Oa8O9V($GeNe9cV(;G9b85V()=85>V(>a`s

"ba964b(>O(>5(G>8O9d4(d>(59b(̀ 4O`>f`84O>b(d>64`GMa8`9bV(c(59(fG86>G9(d>(>559bb>(d9V(9(aG9ihb(d>(59()e67G>(d>(59b(06hG8`9bV((ke>(b>(G>958^_(>O(#e>7>`(>O(>59n4(KWW!V((`ec4(hOg9b8b(geOd96>Oa95V(>G9(59(86f4Ga9O`89(d>(G>59`84O9G(d>64Q`G9`89(̀ 4O(d>b9GG4554J(A]j>Ob>(ke>(9=](=9c(̀ 96784b(86f4Ga9Oa>bJ("O(>5(f9b9d4V`464(ke>(O4(8Oa>G>b979(ke>(=e78>G9(d>64`G9`89(f9G9(fG4f8`89G(>5(d>b9GG4554J*4V(9ke](a>O>64b(eO(G>`>a9G84(c(b95>(9d>59Oa>J(0=4G9(>ba964b(8Oa>G>b9d4b(>Oke>(>q8ba9(d>64`G9`89(G>59`84O9d9(`4O(>5(d>b9GG4554J

,9(b>NeOd9(b>(i9(>qfG>b9G(`4O(4`9b8_O(d>(59(9fG479`8_O(d>(59(`9Ga9(1>64Q`GMa8`9( %Oa>G96>G8`9O9V( ke>( b>( d9( >O( >5( KWW!( c( b>( d9( >O(,869( Q( &>GHJ(Fa9678hO(b>(=9`>(hOg9b8b(9(95N4(b8ONe59GJ("5(G>bf>a4(f4G(54b(i954G>b(d>64`GMa8Q`4b(geOd96>Oa95>bJ

o"O(keh(9n4(>baei4(N47>GO9Od4(0OdGhb(&9baG9O9(>O()4546789p(1>5(TZ(95KWWKJ(*4b4aG4b(G>`4Gd964b(95N4(b8ONe59GJ()4O(4`9b8_O(d>5(`4Oa>qa4(8Oa>GO9Q`84O95(c(`4O(4`9b8_O(ke>(b>(5>(b>Ne]9(`e7G8>Od4(95(6eOd4(59(8d>9(d>(59(O>`>Qb8d9d(d>(59((d>64`G9`89V(c4(G>`e>Gd4((6ec(78>OV(ke>(>O(>5(N478>GO4(d>(0OdGhb

K KK KK KK KK K

&9baG9O9(b>(beb`G878_(>5(f59O()4546789J(F(`464(G>be5a9d4(d>5(f59O()4546789V>G9(ke>V(=4c(>O(d]9(a4d9i]9(=9c(d8b`eb8_O(b47G>(>b4J

)4O( 4`9b8_O( d>5( f59O( )4546789( ( b>( feb4( ( >O( i8N>O`89( c( >O( >i8d>O`89V( 59O>`>b8d9d(ke>(59b(ge>G^9b(6858a9G>b(c(d>(f458`]9(a469G9O(`eGb4b(d>(d>G>`=4b=e69O4bJ(F4(54(G>`e>Gd4V(f4Gke>(59(%Oba8ae`8_O(f9Ga8`8f_(d>(>b4b(̀ eGb4b(c(b>(5>be68O8baG979O(i9G89b(9b8NO9aeG9bV(i9G84b(`4Oa>O8d4b(95(>jhG`8a4(c(59(f458`]9V(c=97]9(eO9(645>ba89J

&e>b(G>be5a9V(ke>(`464(>baM7964b((>O(>b>(g>ba>j4(d>(ke>(a>OdG]964b(ke>(b>Gd>64`GMa8`4b(Q(,>b(d964b(d8O>G4(d>`]9(>5(f59O()4546789(9()4546789((f9G959b(ge>G^9b(6858a9G>bV(f>G4(6>(54b(f4O>O(9(>baed89G(d>G>`=4b(=e69O4b(QJ($ba>Qd>b(i>OV(ke>(=4c(>b(eO9(f9597G9(9(g54G(d>(59784(f4G(f9Ga>(d>(59(ge>G^9b(d>f458`]9(c(d>(59(ge>G^9(fH758`9(>O(N>O>G95V(f9G9(d>`8G(G>bf>a964b(54b(d>G>`=4b=e69O4bJ

"b(eO(59GN4(aG9b>N9G(b47G>(>b4V(>b(ke>(>b4(g4G6979(f9Ga>(d>(>b>(646>Oa4V=97]9(ke>(d>64`G9a8^9G(>5(6eOd4l(95NeO4b(d8`>O(ke>(9n4b(d>bfehbV(O4(ge>f4b875>(ke>(5>(d8>G9O(N45f>(95(b8Ne8>Oa>(fG>b8d>Oa>(>O()4546789V(f4Gke>("ba9Qd4b($O8d4b(b>(4feb4J("5("679j9d4G(AG>`=>aa>(b>(4feb4V(of4G(keh(b>(4feb4p&4Gke>V(>G9(eO9(f45]a8`9(b8ONe59G(ke>(a>O89(54b("ba9d4b($O8d4b(d>(*4Ga>(06hQG8`9(>O(>b>(646>Oa4J(*9d9(d>(N45f>b(d>(>ba9d4J(0b](̀ 464(>O(>5(f9b9d4(d>`]9a4d4(f9G9(54b(N45f>b(d>(>ba9d4J

,9(a>G`>G9(b>(69a>G8958^9(`4O(59(fe758`9`8_O(d>5(587G4(m,9(f45]a8`9(d>64`G9`89c(d>b9GG4554(>O(06hG8`9(,9a8O9m(d>5(;%1V(>O(>5(9n4(KWWSV(ke>(9(d>`8G(d>(beb9ea4G>b(okeh(f59Oa>9p("b(eO(>bge>G^4(̀ 45>`a8i4(>O(>5(ke>(b>(fG>a>Od>(>Og9a8^9Gc(̀ 46fG>Od>G(6>j4G(59(86f4Ga9O`89(d>(59(f45]a8`9V(c(6Mb(>bf>`]g8`96>Oa>(d>(59>baGe`aeG9(c(d>5(geO`84O968>Oa4(d>(54b(b8ba>69b(d>64`GMa8`4b(f9G9(>5(f4a>O`895d>b9GG4554(d>(54b(f9]b>b(d>(06hG8`9(,9a8O9J

A]j>Ob>(ke>(>ba964b(8Oa>G>b9d4b(9=]V(>O((`4Oa8Oe9G(>Og9a8^9Od4(>O(59(96f589Q`8_O(d>(59(d>64`G9`89V(9(f>b9G(d>(ke>(O4(59(b8Oa964bV(O4(O4b(b8Oa964b(6ec9( Neba4( >O(6e`=9b( 4`9b84O>bV( `4O( 59b( >qfG>b84O>b( d>( d>64`G9`89( ke>( b>a>ON9OV(`46f9G9a8i96>Oa>(`4O(>b>(f>G84d4(O>g9ba4(d>(54b(9n4b(YW(=9ba9(54bZW(c(TW(d>(feG4b(G>N]6>O>b(9ea4G8a9G84bJ(0ke](>OaG964b(>O(>5(G>8O9d4(d>(59d>64`G9`89J(,9(d>64`G9`89V(>b(eO9(O8n9(ke>G8d9( 59(`e95(=9c(ke>(fG4a>N>GV>67>55>`>G(c(f4G(>b4(>Oa4O`>b(>554b(i9O(9(f59Oa>9G(4g8`8956>Oa>(>O(eO(587G4V((,9f45]a8`9( 86f4Ga9J

0f9Ga>(d>(>ba>(a>qa4V(keh(>b(`>OaG95J("ba>(a>qa4(a8>O>V(ge>(G>d9`a9d4(`4O(59f9Ga8`8f9`8_O((d>(eO(f9G(d>()4546789O4bV(Q(ge>(aG9b`>Od>Oa95l(ke>(9f9G>^`9>O(>5(`4Oa>qa4(8Oa>GO9`84O95((>5(587G4(ke>(d8`>V(,0(&',%-%)0(+%(%?&'.-0J'8N9V(68G>(59(f45]a8`9(86f4Ga9V(c(9d>6Mb(d>(59(f45]a8`9V(86f4Ga9(>5(geO`84O9Q

K LK LK LK LK L

68>Oa4(d>(54b(b8ba>69b(d>64`GMa8`4b(>b(>b>O`895(f9G9(>5(d>b9GG4554V(c9(a>O>Q64b(>O(6>Oa>(95N4(f9Ga8`e59GV(g]j>Ob>(ke>(9=](be7c9`>(95N4J

&9G9(g4G6e59G(7e>O9b(f45]a8`9b(fH758`9bV(f4dG]9(d>`8G54((b>(G>ke8>G>(a>O>G(b8ba>Q69b(d>64`GMa8`4b(c(b>(G>ke8>G>(a>O>G(`8>Ga4(a8f4(d>(8Oba8ae`84O>bV(eO4((f4dG]9f>Ob9G( >b4(=9ba9(9=]( o`8>Ga4p(&4Gke>( 5>(=9`>O(hOg9b8b( 9( 59(d>64`G9`89V( 5>=9`>O(hOg9b8b(>O(f>Ob9G(>O(b8ba>69b(6Mb(d>64`GMa8`4b(cV(b>(=9`>(hOg9b8b(>Of>Ob9G(>O(eO9(>baGe`aeG9(8Oba8ae`84O95((9d>`e9d9J

&4G(4aG4(59d4V(9f9Ga>(d>(>b>(587G4V(m,9(f45]a8`9(b](86f4Ga9m(>5(;9O`4(%Oa>G96>QG8`9O4(d>(1>b9GG4554J(.>`4Gd964bV(>ba964b(aG9c>Od4(9(̀ 459`8_O(̀ 8>Ga4b(4GN9QO8b64b(8Oa>GO9`84O95>b(c(d>bfehbV(i8>O>(>5(f9ke>a>(d>(54b(9`9dh68`4b(8Oa>GO9Q`84O95>bJ("Oa4O`>bV(9f9G>`>(>O(>5(9n4(KJWWY(eO(8Og4G6>(d>5(;%1(3;9O`4(%Oa>QG96>G8`9O4(d>(1>b9GG4554:V(>5(`e95(>6f8>^9(9(d>OeO`89G(Q(i>V(9ke](f9b4(95N4G9G4V(>b(ke>(=9c(eO(d8i4G`84(>OaG>(>5(684(c(54(ke>(9f9G>`>(955MJ("5(684(f9G9(54b`95>n4bV(=9c(eO(d8i4G`84V(>5(684(>b(>5(aG9Ob685>O84J("O()958(=9c(eO9(fG475>6MQa8`9(>OaG>(>5(684(c(54b(fG4f8>a9G84bl(9(b8V(9ke](>ba964b(78>O(Q(D>64b(6>O`84QO9d4(aG>bV(>ba9(>b(59(̀ e9Ga9U(9f9G>`>(b8Oa>a8^9d9(9(aG9ihb(d>(d8>^(6>Ob9j>b(ke>9f9G>`>OV(ke>(9f9G>`>O(>O(>5(8Og4G6>(d>5(;%1(d>(KJWWYJ

"5(fG86>G4(d>(>554bU(_8N96>V(54b(fG4`>b4b(b4O(86f4Ga9Oa>bJ("O(>5(fG4`>b4(d>g4G6e59`8_O(d>(f45]a8`9b(fH758`9b(>b(6ec(86f4Ga9Oa>(68G9G( 59(`9f9`8d9d(d>54b(f9]b>b(f9G9(`G>9G(eO(>Oa4GO4(>ba975>(f9G9(beb(f45]a8`9bJ(-4d4(>5(fG4`>b46>d89Oa>(>5(`e95(b>(d>79a>O(c(9fGe>79O(6>d8d9b(d>(f45]a8`9(=9c(ke>(a>O>G59b>O(̀ e>Oa9J(0Oa>b(O4(b>(d>`]9(>b4J(0=](>baMO(d8`8>Od4V(a4d4b(>b4b(fG4`>b4b(b4O86f4Ga9Oa>bl(eO(b>NeOd4(feOa4U(=9c(ke>( a>O>G(`e8d9d4(`4O( 59b( G>`>a9b(d>f45]a8`9(eO8i>Gb95V(ke>(befe>ba96>Oa>(4f>G9O(̀ 4O(8Od>f>Od>O`89(d>5(a8>6f4(cd>5(5eN9G(>O(ke>(b4O(9d4fa9d4bJ(+>(f>Ob_(deG9Oa>(6e`=4b(646>Oa4b(ke>fe>d>O(=97>G(f45]a8`9b(eO8i>Gb95>bl(d>(9=](ke>(b>(d>`]9(ke>(f4d]964b(g4G6eQ59G(eO(G>`>a9G84(d>(f45]a8`9b(fH758`9b(f9G9(\gG8`9V(0b89(c(06hG8`9(,9a8O9V(>Og8OV(c9(54b(`9678964b(c(i95>(beba>Oa9G(>ba>(feOa4V(9g8G69Od4(ke>(59(>qf>G8>OQ`89(G>`8>Oa>V(G>`4N8d9(>O(f9]b>b(d>(06hG8`9(,9a8O9(̀ 4O(59(G>g4G69(d>5(̀ 4Ob>OQb4(d>(E9b=8ONa4OV(d>6e>baG9(ke>(>q8ba>O( G>g4G69b(`4O(4G8>Oa9`8_O(c(`4Ob>Oa8d4(b86859G>bV(ke>(fe>d>O(9`9GG>9G(G>be5a9d4b(6ec(d8i>Gb4bJ

F4(G>`e>Gd4V(ke>(>O(`96f9n9b(f45]a8`9b(`4546789O9b(`e9Od4(54b(9`a4G>b(f4Q5]a8`4b(7eb`9O(9(beb(9b>b4G>b(f9G9(ke>(5>b(d8b>n>O(54b(9g8`=>bV(95NHO(f45]a8`4(5>d8b>n9G4O(`4O(95NeO9(>5>N9O`89(>q`>f`84O95V(eO9(g4a4NG9g]9(`4O(eO9(=>G64b9N979Gd8O9V(fG>`84b9V(>b4(>O(-eOj9V(>O(;4N4aM(9(f>d8G(d>(74`9l(f>G4(>5(68b649g8`=>( 879(9( 59(14G9d9(c( 59( b>Ob9`8_O(ke>( 5>( `9eb979(95( >5>`a4G9d4(>G9(d>9bg8q89(cV(>i8d>Oa>6>Oa>V(O4(a>O89(O9d9(ke>(=9`>GJ("O(8Ne95(6>d8d9V(eO4(>OQ`e>OaG9(ke>(9ke]V(ke>(59(G>g4G69(d>5(̀ 4Ob>Ob4(d>(E9b=8ONa4OV(d>6e>baG9(ke>>q8ba>O(G>g4G69b(`4O(4G8>Oa9`8_O(c(`4Oa>O8d4b(b86859G>b(ke>(fe>d>O(9`9GG>9GG>be5a9d4b(6ec(d8i>Gb4bJ

K XK XK XK XK X

$O4(d>(54b(f>58NG4b(ke>(fe>d>(`4GG>Gb>(95(fG4feNO9G(59(9d4f`8_O(d>(G>`>a9beO8i>Gb95>b(cV(eO9(d>(59b(64a8i9`84O>b(geOd96>Oa95>b(d>(>ba>(8Og4G6>V(>b(ke>59b(f45]a8`9b(O4(b>(9d4fa9OV(O8(b>(>j>`ea9O(>O(>5(i9`]4V(b8O4(ke>(d>7>O(4f>G9Gd>OaG4(d>5(`4Oa>qa4(d>(59b(8Oba8ae`84O>b(d>5(f9]bJ

Q F4(O4(b>(b8(6>(9d>59Oa>(4(O4(b>(b8(i4c(9(G>f>a8G(eO(>j>6f54(i9G89b(i>`>bJ

Q D9c(ke>(a>O>G(>O(`e>Oa9(ke>V(59b(f45]a8`9b(b>(>j>`ea9O(d>OaG4(d>5(`4Oa>qa4d>( 59b( 8Oba8ae`84O>b( f45]a8`9b( d>5( f9]bJ()464( 54( ke>( =9`>64b( >b(68G9G`8>Ga4(a8f4(d>(G>958d9d>bV(c4(6>(fG>NeOa979(>5(d468ON4V(f4G(59(69n9O9J("5d468ON4(f4G(59(69n9O9(>O(>5(f9]b(55969d4()4546789V(=97]9(eO(>O`e>OaG4d>(eO(f9Ga8d4(f45]a8`4V(c(>O(>5(>O`e>OaG4(d>5(f9Ga8d4(f45]a8`4V(̀ 4O(59(b8ONeQ59G8d9d(ke>(a>O>64b(54b()4546789O4bV(>5(f9Ga8d4(f45]a8`4(a>O89(9(eO(fG>b8Qd>Oa>V(9(eO(68>67G4(d>5(f9Ga8d4(`464(fG>b8d>Oa>V(a>O]9O(9(eO(8Oi8a9d4ke>(O4(>G9(68>67G4(d>5(f9Ga8d4(f>G4V(ke>(>G9(>5(i8`>fG>b8d>Oa>(ke>(=97]9>ba9d4(`4O(>b>(f9Ga8d4V(f>G4(ke>(>G9(>5(4f4b8a4G(fG8O`8f95(d>5(fG>b8d>Oa>J)e9Od4(54b(9O958ba9b(8Oa>GO9`84O95>b(68G9O(>b4b(`9b4bV(fe>b(O4(>Oa8>OQd>Ol(fe>b(eO4(O4(fe>d>(>Oa>Od>G(ke>(>5(9Oa8Ne4(fG>b8d>Oa>(d>(eO(f9Ga8d4>b(>5(fG8O`8f95(4f4b8a4G(d>5(4aG4(f9Ga8d4J(&>G4(>b>(>b(>5(9Od9689j>(8Oba8ae`84O95d>(eO(f9Ga8d4J

"Oa4O`>b( c4(6>(fG>NeOa979(>O( 59(69n9O9V(=9c(d4b(fe>Ga9b( c( 9d>6MbV( 59fG>4`ef9`8_O(geOd96>Oa95(d>(95NeO4b(>G9(ke>(>OaG9G9(eO4(f4G(eO9(fe>Ga9(c(>54aG4(f4G(59(4aG9(fe>Ga9V(O4(86f4Ga9(b8(b>(a469(f4b8`8_O(9`>G`9(d>(59(G>g4G69aG87ea9G89V(b8(b>(a469(f4b8`8_O(`464(f9Ga8d4(9`>G`9(d>(59(Ne>GG9(>O(>5(b>`a4Gjed8`895J(*4V(54(ke>(86f4Ga9(>b(ke>(f>f8a4(c(f>f8a4(7V(O4(b>(>O`e>OaG>O(f9G9ke>(O4(=9c9(O8ONHO(a8f4(d>(fG475>69J(&>G4V(9d>OaG4(=9c(95N4(b86859GV(b8(>b9(>beO9(8Oba8ae`84O958d9d(d>(eO(f9Ga8d4V(ke>(f9b9G]9(b8(54b(d>(59(fe>Ga9(eO4V(4(b>954b(d>5(>qfG>b8d>Oa>(ge>G9O(69c4G]9(c(O4(>baei8>G9O(d>(9`e>Gd4(̀ 4O(59(G>5>``8_Od>5(9`ae95(fG>b8d>Oa>(c(d>(beb(f45]a8`9bV(c(N9O9G9(59b(>5>``84O>b(eO(`9Od8d9a4gG>Oa>(9(54b(fG4`>b4b(ke>(=9(i>O8d4(d>b9GG4559Od4(>ba>(N478>GO4l(6>(>qf58`4U(>59Od9689j>(8Oba8ae`84O95V(>Oa4O`>b(okeh(f9b9p("Oa4O`>b(95(4aG4(d]9(O4(fe>d4Vf59O(d>(f9^V(c(9b](i9G89b(`4b9bJ

$O4(f4dG]9( 8G(f>Ob9Od4V(ke>(=9ba9(9ke](>554b( a8>O>O( G9^_OV(48N9U(=9c(ke>68G9G(>5(9Od9689j>(8Oba8ae`84O95(d>5(f9]b(c(d>OaG4(d>5(9Od9689j>(8Oba8ae`84O95V>baMO(59b(ge>G^9b(f45]a8`9bJ()4b9(d8ba8Oa9(>bV(ke>(O4b4aG4b(a>ON964b(ge>G^9bf45]a8`9b( be8( N>O>G8bJ( Q( c4(O4(6>( 869N8O4V(6>(i4c( 9( `968O9G(f4G("ba9d4b$O8d4bJ(F4(O4(6>(869N8O4(ke>('7969(a>ON9(9()58Oa4O(d>(4f4b8a4G(d>(h5(c(>ba>9f4c9Od4(95(̀ 9Od8d9a4(G>fe758`9O4J(Q(o6>(=8`>(>Oa>Od>Gp(Q(eO4(d8`>U(f>G4(>b4O4(>b(f4b875>(Q

1>OaG4(d>(Oe>baG4b(>bf>`aG4bV(>b4(>b(f4b875>(9ke]l(>b4(O4b(f>G68a>(8G(9=4Od9OQd4(>O(keh(a8f4(d>( 8Oba8ae`84O>b(=>64b( 8d4(64d>59Od4(O4b4aG4b(95( 59d4(d>

K SK SK SK SK S

4GN9O8^9`84O>b(f45]a8`9b(ke>(d>(eO9(e(4aG9(g4G69V(beb(9`a4G>b(f45]a8`4b(i9O(9>b9b(8Oba8ae`84O>bV(o`8>Ga4p(+8V(b8J(-4d4b(>ba964b(>O(>b4b(ke>=9`>G>b(f45]a8`4bc(b97>64b(>b4J

"ba964b(>O(59b(G>`46>Od9`84O>b(c9(d>5(;%1l(`8>Ga9b(`9G9`a>G]ba8`9b(`59i>b(d>59b(f45]a8`9b(fH758`9b(fe>d>O(b>G(a9O(86f4Ga9Oa>b(f9G9(d>ba9`9G(54b(47j>a8i4bd>5(d>b9GG4554V(̀ 464(be(̀ 4Oa>O8d4(e(4G8>Oa9`8_OJ

"5(86f9`a4(d>(59b(f45]a8`9b(fH758`9b(d>f>Od>V(O4(b454(d>(be(`4Oa>O8d4(>bf>`8Qg8`4(c(d>(be(4G8>Oa9`8_O(`4O`G>a9V(b8O4(a9678hOV(d>(95NeO9b(d>(59b(`9G9`a>G]ba8Q`9b(N>OhG8`9bJ(&4G(>j>6f54U(eO9(f45]a8`9(8d>95(ke>(`9G>^`9(d>(`G>d87858d9d(c>bah( 86f5>6>Oa9d9( c( 9f58`9d9V( d>( eO9( 69O>G9( >g8`8>Oa>( fe>d>( `G>9G( 6Mbd8ba4Gb84O>b(ke>(eO9(f45]a8`9(be7Q_fa869V(>ba975>(>(8d>956>Oa>(86f5>6>Oa9d9J$O4(f4dG]9V(Q(O4(b>V(c4(O4(6>(6>a4(>O(>5(G9O`=4(d>(68b(`45>N9bV(f>G4(eO4>b`e`=9(ke>(=9c(eO9b(f45]a8`9b(9`>G`9(d>V(7e>O4(Q(=9c(eO9b(f45]a8`9b(ke>(b>>baMO( a469Od4(cV(b>(=9O(N>O>G9d4(`8>Ga9b(f45]a8`9b(fH758`9b(b47G>(>b4l(>O`8>Ga4b(b>`a4G>b(d>(59(f4759`8_O(̀ 464(ke>(=9c(8O`G>de58d9dJ("b4(O4(b>(i9(9(d9GV>b4(O4(>b(f4b875>J(A]j>Ob>(ke>(>ba4(9g>`a9(>5(d>b9GG4554(c(fe>ba9(>O(69G`=9(d>59b(f45]a8`9b(fe758`9bV(c(9=]V(b>(>ba9(d8`8>Od4(ke>(=9c(ke>(a>O>G(>O(`e>Oa9(59b4f8O84O>b(d>(59(f4759`8_OJ

$O9(̀ e9Ga9(d8`>U(54b(>g>`a4b(d>(59b(8Oba8ae`84O>b(f45]a8`9b(b47G>(54b(fG4`>b4b(d>g4G6e59`8_O(d>(f45]a8`9b(fH758`9bV(b454(fe>d>O(>Oa>Od>Gb>(d>(69O>G9(b8bah68`9Jo#eh(ke8>G>(d>`8G(>ba4p(#e>(>5(fG4`>b4(d>(g4G6e59`8_O(d>(f45]a8`9b(fH758`9bV>b(̀ 46f5>j4J(F(>b(̀ 46f5>j4V(b86f5>(c(559O96>Oa>V(f4Gke>(=9c(6e5a8f58`8d9d(d>9`a4G>b(ke>(a8>O>O(d8i>Gb4b(=4G8^4Oa>bV(d8i>Gb4b(8Oa>G>b>b(ke>(95NeO4bV(a8>O>O=4G8^4Oa>b(a>6f4G95>bV(4aG4b(a8>O>O(=4G8^4Oa>b(d>(6Mb(59GN4(f59^4V(ke>(=9c6e`=9b(`9G9`a>G]ba8`9b( 8Oba8ae`84O95>b(c(O4(=9c(eO9(b459J(&4G(>j>6f54U(b8(>5f9]b( `e>Oa9( `4O( eO( b8ba>69(fG>b8d>O`8958ba9( 4( f9G596>Oa9G84V( >b4( =9c( ke>a>O>G54(>O(̀ e>Oa9J(*4(>b(54(68b64V(ke>(eO4(f8>Ob>(>O(g4G6e59`8_O(d>(f45]a8`9bfe758`9bV(>O(eO(f9]b(d>(GhN86>O(fG>b8d>O`8958ba9(4(d>(GhN86>O(b>68Qf9G596>OQa9G84V(c(O4(>b(54(68b64(f4Gke>V(59(g4G69(̀ 464(eO4(9be6>(>5(f4d>G(>b(d8g>G>Oa>>O(9674bl(f4Gke>V(>5(5]d>G(f4G(>j>6f54V(d>5(GhN86>O(fG>b8d>O`8958ba9V(>5(fG>b8Qd>Oa>(̀ 464(>O(>5(̀ 9b4()4546789O4(>b(fG>b8d>Oa>(d>5(>ba9d4()4546789O4V(j>g>d>(59(9d68O8baG9`8_O(fe758`9V(j>g>(d>(>ba9d4V(j>g>(d>(N478>GO4V(j>g>(d>(59b(ge>G^9b6858a9G>bV(c(̀ e9Od4(>q8ba>(95NHO(8O`4Oi>O8>Oa>(d>(95NeO9b(̀ G8b8bV(O4(b>(5>(fe>d>f>d8G(95(fG>b8d>Oa>(ke>(G>OeO`8>V(d>(=>`=4(O4(54(i9(9(=9`>G(c(b>(N>O>G9(9=](eO9`G8b8b(>q`>f`84O95l(6Mb(9HOV(f4Gke>(Oe>baG9b(b8ONe59G8d9d>bJ

#e8>O(55>N9(9ke](95(f4d>GV(O4(>b(>5(ke>(`469Od9(eO9(4GN9O8^9`8_O(55969d9f9Ga8d4(f45]a8`4V(`4Og4G69d4(`464(a95V(c(ke>(=9(8d4(b958>Od4(d>(beb(>OaG9n9b9(aG9ihb(d>(d8ba8Oa4b(̀ 4ONG>b4b(c(d8ba8Oa9b(f9Ga8`e59G8d9d>bl(̀ 464(b](>b(>5(̀ 9b4Vd>(eO(b8ba>69(b>68Qf9G596>Oa9G84V(b>68QfG>b8d>O`8958ba9J

K YK YK YK YK Y

)e9Od4(eO4(>O`e>OaG9(>5(`9b4(d>("bf9n9V(`9b4(d>(AG9O`89V(.9j4c(>b(>5(G>fG>Qb>Oa9Oa>(d>5(&&V(f>G4(O4(>b(ke>(55>N4(c(d8j4U(oke8>O>b(>baMO(̀ 4O68N4p(+8O4(ke>b958_(d>(59b(>OaG9n9b(d>5(&&(c(b958G(d>(59b(>OaG9n9b(d>5(&&V(ke8>G>(d>`8G(ke>(a>O]9eO9(6858a9O`89V(>O(g8OV(>a`s(&9G9(>Oa>Od>GO4bV(9ke](>O()4546789V(ke8>O(i8>O>d>(eO(6eO8`8f84(9f9Ga9d4V(ke>(>OaG4(95(f9Ga8d4(`e9Od4(a>O89(!Z(9n4bV(ge>`G>`8>Od4(c(G>fG>b>Oa9(eO(f59Oa>968>Oa4(d>(f9Ga8d4V(O4(d>(a4d4(>5(f9Ga8d4f>G4(ke>(N9O4(f9G9(G>fG>b>Oa9G(95(f9Ga8d4V(4(>O(AG9O`89V(+9Gt4^c(Q(D459Od9VG>fG>b>Oa9(eO(b>`a4G(d>5(f9Ga8d4(b4`8958ba9V(f>G4(O4(>b(eO(9f9G>`8d4J

0Oh`d4a9U(O4(>b(O8ONHO(9f9G>`8d4(`4O(be(6ej>G(d>(h5V(>baei8>G4O(6858a9Od46>d89(i8d9(=9ba9(a95(feOa4V(ke>(>5(9Oa>G84G(`9Od8d9a4V(`9Od8d9a9(d>5(f9Ga8d4b4`8958ba9(̀ e9Od4(N9O4(+9Gt4^cV(ge>(59(6ej>G(d>(h5l(ob97]9Op()59G4V(c(ke>(O4(b>=9759O(9=4G9V(ob97]9Op

,9(>bf>`8g8`8d9d(d>5(GhN86>O(f45]a8`4(b>68QfG>b8d>O`8958ba9(>O(AG9O`89V(=9`>ke>( `4Og5ec9( 9(f9Ga8d4b(f45]a8`4b(4GN9O8^9d4bV( 55969d4b( 955M( d>( d>G>`=9(48^ke8>Gd9( 6>d89Oa>( 6858a9O`89b( >q8ba>Oa>bV( O4( 6>d89Oa>( 59( 9fG4f89`8_O( 49Gf4O9^4(ke>((=9`>64b(O4b4aG4b(9ke]J(+4O(i8>j4b(6858a9Oa>b(Q(>b(ke>(b>(6>45i8d9(>5(O467G>(d>(59(b>n4G9V(59(b>n4G9(ge>(59(ke>(f>Gd8_(`4O(+9Gt4^cV(>559f>Gd8_(59(fG>b8d>O`89(d>(59(G>fe758`9(>O(G>fG>b>Oa9`8_O(d>5(f9Ga8d4(b4`8958ba9(c=975979(d>(ke>(>G9(6858a9Oa>(=9`>(6e`=4(G9a4J(0=4G9V(=9O(b958d4(g4a4NG9g]9bd>(h5(̀ e9Od4(>G9(6e`=9`=8a4V(N9O4(9=4G8a8`9V(f>G4(gGea4(d>(59(G>fG>b>Oa9`8_OQ

0=](=9c(eO(8d>9G84(d>(f9Ga8d4V(ke>(>j>`ea9($G87>V(9ke](=9`>64b(54(`4OaG9G84V=9ba9(G>`8>Oa>(d9a9(c4(N9O4(c(c4(`4Oi4`4(9(i>G(ke8>O>b(i9O(9(>ba9G(`4O68N4JF(d>bfehb(d>(eO(a8>6f4(>Oa4O`>bs

,4((aG9d8`84O95(>O()4546789(>bU(uc4(N9O4v(ke8>O>b(>baMO(`4O68N4J("Oa4O`>bVeO4(>b`e`=979(>O(>5(f9b9d4U(F4(b4c(587>G95(&9baG9O8ba9(_V(c4(b4c(`4Ob>Gi9d4G,4f8ba9J(1>bfehb(d>(>ba4b(=]7G8d4b(ke>(a>O>64b(54b(H5a864b(a8>6f4bV(c4(N9O4f4G(eO9(4GN9O8^9`8_O( 8Od>f>Od8>Oa>(9(eO(f9Ga8d4(f45]a8`4V(c(`e9Od4( 55>N4Vke8>O>b(>baMO(`4O68N4V(>Oa4O`>b(c4(i>4(`968b9b(G4j9bV(`968b9b(9^e5>bV(`968Qb9b(759O`9bV(u>baMO(`4O68N4v

"b4(ke8>G>(d>`8G(ke>(9(d8g>G>O`89(d>(54b(G>N]6>O>b(>O(>ba>(feOa4V(fG>b8d>O`8958ba9bVf9G596>Oa9G84bJ("5(GhN86>O(fG>b8d>O`8958ba9(>O(>5(`9b4()4546789O4V(>b(d8ba8OQa4V(`9b8(ke>(>5(ke>(N9O9(55>i9(9ke](>5(G>`>a9G84(d>(f45]a8`9b(fH758`9bV(9ke](5>ba>ON4(>5(684V(eO4(54b(i>(>O(̀ 96f9n9J()9d9(ke8>O(a8>O>(be(G>`>a9G84J(+e(G>`>a9G84d>(h5V(O4(>5(G>`>a9G84(d>5(f9Ga8d4J

"b4(f9G9(̀ 4Oa9G5>bV(ke>(54b(>g>`a4b(d>(59b(8Oba8ae`84O>b(f45]a8`9b(b47G>(54b(>g>`Qa4b(d>(g4G6e59`8_O(d>(f45]a8`9b(fH758`9bV(b454(fe>d>O(>Oa>Od>Gb>(d>(eO9(69O>QG9(b8bah68`9J()>OaG9Gb>(>O(eO9b(f4`9b(`9G9`a>G]ba8`9b(8Oba8ae`84O>bV(f4G(>j>6Qf54J(+8(>5(f9Ga8d4(a9V(a9V(a9s(4(b8(59b(G>N59b(>5>`a4G95>bV(b>(G>g8>G>O(9(59(f5eG958d9d

K RK RK RK RK R

_(9(59(G>fG>b>Oa9`8_O(fG4f4G`84O95J("O(g8OV(=9c(ke>(a>O>G(>O(̀ e>Oa9(a4d9b(>b9b`9G9`a>G]ba8`9bJ

0ke](O4b4aG4b(>ba964b(>O(eO(646>Oa8`4(d>(je>N4V(9fG47964b(eO9(5>c(f9G9f>G68a8G(ke>(O4b(f9b>64b(d>(eO(f9Ga8d4(9(4aG4J(*4b4aG4b(b464b(`=8ba4b4b(c9d>6MbV(=9c(6e`=4b(8Oa>G>b9d4b(>O(ke>(54(=9N964b(cV(=9c(4aG4b(ke>(d8`>Omke>dh64O4b(ke8>a4bmV(7e>O4U(b8(eba>d>b(68G9O(>b4(d>bd>(eO9(95aeG9(6Mb(9(59ke>(>ba4c(c4(9ke]V(68G9O(955M()4546789(b47G>(>b4V(fe>b(9=](=9c(eO(G9bN4`9G9`a>G]ba8`4(8Oba8ae`84O95(ke>(>b(d>a>G68O9Oa>J

*4b4aG4b(b464b(`=8ba4b4b(c(9d>6MbV(=9c(6e`=4b(8Oa>G>b9d4b(>O(ke>(m=9NMQ64b54m(cV(=9c(4aG4b(ke>(d8`>O(mke>dh64O4b(ke8>a4bmV(7e>O4U(b8(eba>d>b(68G9O>b4(d>bd>(eO9(95aeG9(69b(9(59(ke>(>ba4c(c4(9ke]V(68G9O(955M()4546789(b47G>>b4V(fe>b(9=](=9c(eO(G9bN4(̀ 9G9`a>G]ba8`4(8Oba8ae`84O95(ke>(>b(d>a>G68O9Oa>V(d>9`e>Gd4(9(54(ke>(O4b(>ba9(d8`8>Od4(>5(79O`4(8Oa>G96>G8`9O4(f9G9(g4G6e59`8_Od>(f45]a8`9b(fH758`9bJ

D9c(eO(ke8Oa4(feOa4V(=9c(eO(ke8Oa4(feOa4(ke>(=9759(ke>(59b(fG4fe>ba9b(d>G>g4G69(f45]a8`9(8Oba8ae`84O95V(79b9d9b(>O(NG9Od>b(N>O>G958^9`84O>bV(O4(̀ 4Oba8Qaec>O(eO9(7e>O9(>baG9a>N89J($O(b>qa4(feOa4( Q(>b(ke>(6>(ke>d9( a4d9i]9(>5NGef4(d>(8Oa>5>`ae95>bV(ke>(>b(54(8Oa>G>b9Oa>V(54b(9`9dh68`4b(Q(>Oa4O`>b(f8d4>q`eb9b(f4G(5>>G5>b(O4(69b(>ba4bJ

18`>U(59b(G>g4G69b(d>(f45]a8`9(4(8Oba8ae`84O95>bV(ke>(a8>O>O(86f4Ga9Oa>b(>g>`a4bd>(G>aG49586>Oa9`8_O(b47G>(>5(fG4`>b4(d>(g4G6e59`8_O(d>(f45]a8`9b(fH758`9bVd>7>O(aG9a9Gb>(`4O(>bf>`895(`e8d9d4V(>Oa>Od8>Od4(beb(G968g8`9`84O>b(f4a>OQ`895>bJ(0ke](f4d>64b(d>`8GV(ke>(59b(G>g4G69b(d>(f45]a8`9b(8Oba8ae`84O95>b(ke>a8>O>O(86f4Ga9Oa>b(>g>`a4b(d>(G>aG49586>Oa9`8_O(b47G>(>5(fG4`>b4(d>(g4G6e59Q`8_O(d>(f45]a8`9b(fH758`9bV(d>7>O(`4Ob8d>G9Gb>(`4O(>bf>`895(`e8d9d4V(>Oa>OQd8>Od4(beb(G968g8`9`84O>b(f9G`895>bJ("b4(>b(54(ke>(5>b(d8j>(ke>(d>(fG4Oa4V(8799(d>i45i>G6>(9(a>O>GJ

+8(=9c(eO( `96784(f45]a8`4(9=4G8a8`9V( b8( =9c(eO( `96784(f45]a8`4(>O("ba9d4b$O8d4bV(oeba>d>b(b97>O(54(ke>(f9b9p(o*4p()4546789(4("ba9d4b($O8d4bV(O4(>bke>(`9678>(>5(fG>b8d>Oa>V(>b(ke>(`96789J(+4O(abeO968b(d8ba8Oa4b(54b(ke>(b>i9O(9(fG>b>Oa9G(>O(>5(6eOd4V(b47G>(a4d4(>O("ba9d4b($O8d4bV(ke>(`e7G>(a4d9eO9(b>G8>(d>(f9]b>b(d>5(6eOd4V(c(9ke](fe>b(>i8d>Oa>6>Oa>V(Oe>baG9(f9GG4ke89Vfe>b(b>G89(aG9b`>Od>Oa95J

$O(b>qa4(feOa4V(eO(bhfa864V(Q(>b(ke>(c4(>ba4c(9aG9b9d4(>O(54(684(Q(eO(bhfa864feOa4(ke>(d8`>U(59(`9f9`8d9d(d>(54b(9`a4G>b(f45]a8`4b(f9G9(`44f>G9G(9(54(59GN4d>5(a8>6f4(>b(eO(g9`a4G(d>a>G68O9Oa>(c(`Ge`895(d>(59(`958d9d(d>(59b(f45]a8`9bfH758`9bJ()464(b4O(6H5a8f5>b(9`a4G>bV(eO4(>O`e>OaG9(ke>(>q8ba>O(f45]a8`4bV9d68O8baG9d4G>b(c(NGef4b(d>( 8Oa>GhbJ(0=](>baMO(a4d4b( 8Oa>Oa9Od4(6>a>G( 59b69O4b(>O(59b(f45]a8`9b(fH758`9bJ

K ZK ZK ZK ZK Z

+8(>ba4b(f9Ga8`8f9Oa>bV(fe>d>O(̀ 44f>G9G(>OaG>(>554bV(f9G9(̀ 4O`>Ga9G(9`e>Gd4b(c69Oa>O>Gb>(>O(>5(aG9b`eGb4(d>5(a8>6f4V(>b(fG47975>(ke>(b>(d>b9GG455>O(6>j4G>bf45]a8`9bJ

F4(O4(b>(b8(eba>d>b(54(b97>OV(b8(O4(54(G>8a>G964bJ("O(6e`=9b(4`9b84O>b(>O(54b`4ONG>b4b(d>5(6eOd4(̀ e9Od4(b>(55>i9O(̀ 8>Ga4(a8f4(d>(fG4c>`a4bV(=9(=978d4(eO9`e>Gd4(fG>i84V(>b(`464(`e9Od4(eO4(d8G8N>(eO9(jeOa9(d8G>`a8i9V(eO4(O4(55>i9>5(4Gd>O(d>5(d]9V(f9G9(d>`8GU(9fG479`8_O(4(d>b9fG479`8_O(d>(a95(a>69V(O4V(eO4=9(55969d4(95(d4`a4G(4(d4`a4G9V((̀ 464(5>(f9G>`>(>ba>(feOa4V(54(i4c(9(55>i9G(9(59jeOa9(c(b8(95NeO4(5>(d8`>(u*'v(14`a4GV(O4(>ba4c(d>(9`e>Gd4V(fe>b(eO4(b>(ke>d9ke8>a4V(O4(b>(i9(9(f4O>G(9(f>5>9G(`4O(54b(68>67G4b(d>(59(jeOa9(d8G>`a8i9J

"O( 8Ne95( 6>d8d9V( 9ke]( =9c( 95NeO9( b>G8>( d>( 9`e>Gd4bV( 59( `9f9`8d9d( d>( 54b9`a4G>b(f45]a8`4b(f9G9(̀ 44f>G9G(9(54(59GN4(d>5(a8>6f4V(>b(eO(g9`a4G(d>a>G68O9OQa>J(0ke](d8`>O(ke>(i9O(9(`>GG9G(59(`9GG>a>G9V(>Oa4O`>b(eO4(a8>O>(ke>(9`>5>G9GJ"5( 4`a9i4( feOa4( >b( 6ec( 86f4Ga9Oa>J( 05NHO( 9Od9689j>( 8Oba8ae`84O95V( c( >b>9Od9689j>(8Oba8ae`84O95(a8>O>(95NeO9b(74Od9d>bV(f>G4(>b>(9Od9689j>(c(>b9b74Od>b(O4(b>(`4ObaGec>O(d>(59(O4`=>(9(59(69n9O9((9=](>b(d4Od>(i8>O>(54(ke>b4O(58d>G9^N4b(d>(9i9O^9d9(c(54b(58d>G9^N4b(ke>(G>aG9b9OJ(+8(eO4(>O`e>OaG9`8>Ga4b(58d>G9^N4b(ke>(G>a8>O>O(`464(>5(d>b9GG4554(d>(59(b4`8>d9dV(O9d9(ke>=9`>GJ

D9c(eO4b(ke>( 54( 86fe5b9OV(=9c(4aG4b(ke>U(`464(kehd>b>(ke8>a4l(>b(`464`e9Od4(eO4(=9759(d>(59(N>Oa>(ke>(a8>O>(959bV(ke>(ke8>G>(i459G(f4G(b8(68b64b(ceO4(5>(d8`>U(O4V(>bfhG9a>V(>bfhG9a>(ke>(̀ G>^`9bV(d>bfehb(c(̀ 464(ke>(eO4(5>(i9`4Ga9Od4(59b(959bJ

,4b(58d>G9^N4b(ke>(b4O(9b]V(d>j9O(695(b8ae9d9b(c(695(d>b9GG4559d9b(9(59b(b4`8>Qd9d>bV(ke>(>b(>5(feOa4(95(`e95(6>(>ba4c(G>g8G8>Od4l(ke>(>5(58d>G9^N4(ke>(>bgeO`84O95(fe>d>(b>G(eO9(ge>G^9(i8a95(f9G9(>5(d>b9GG4554(8Oba8ae`84O95V(b8(O4(>bgeO`84O95V(>b(eO(gG9`9b4J

I8N96>U(9=4G9(>O`4OaG964b(59(f9Ga>(ke>(9(68(6>(f9G>`>(69b(G8`9V(ke>(d>j9eO4(95(g8O95(f9G9(b974G>9GV(95NeO4b(59(9`979O(d>(fG86>G4bV(f>G4(c4(59(d>j4(f9G9>5(g8O95J

F(>bV(ke>(d>OaG4(d>(59b(fG4fe>ba9b(>ba979O(54b(4GN9O8b64b(8Oa>GO9`84O95>b(c9=4G9(>O`4OaG964b(9(54b(9`9dh68`4bJ

F(54b(9`9dh68`4bV(a8>O>O(eO9(b>G8>(d>(`4Ob8d>G9`84O>bV(eO4U(f9G9(G>d>g8O8G(c68G9G(>5(5eN9G(ke>(4`ef9(>5(fG4`>b4(d>(g4G6e59`8_O(d>(f45]a8`9b(fH758`9bV(=9cke>(̀ 4Ob8d>G9GU(!J("5(N478>GO4(̀ 464(eO9(a9G>9(d>(̀ 4Ode``8_O(f45]a8`9(c(KJ(,9bf45]a8`9b(fH758`9b(b4O(59(=>GG968>Oa9(fG8i85>N89d9(ke>(5>(f>G68a>(9(54b(N47>GQO9Oa>bV(̀ 4Oi>Ga8G(beb(8Oa>O`84O>b(d>(N478>GO4(>O(=>`=4b(Ne7>GO96>Oa95>bJ

K TK TK TK TK T

o)_64(>b(59(`e>ba8_Op(@47>GO9GV(>b(eO9(a9G>9(d>(`4Ode``8_O(f45]a8`9J

$O(fG86>G(feOa4V(>Oa4O`>b(a>O>64bU(>5(N478>GO4(`464(a9G>9(d>(`4Ode``8_Of45]a8`9V( 59b(f45]a8`9b(fH758`9b(`464(=>GG968>Oa9(fG8i85>N89d9V(c(95N4(geOd9Q6>Oa95V(>5(GhN86>O(f45]a8`4V(>Oa>Od8d4(̀ 464(59(8Oba9O`89(>O(d4Od>(b>(fG4de`>Oc(̀ 4=>b84O9O(>5(̀ 4OjeOa4(d>(O4G69b(c(fG4`>d868>Oa4b(f>G69O>Oa>b(c(>ba975>bVke>(G>Ne59O(59(4GN9O8^9`8_O(c(>5(>j>G`8`84(d>5(f4d>G(f45]a8`4(ke>(>baGe`aeG9(59bG>59`84O>b(>OaG>(>5(>ba9d4(c(59(b4`8>d9dJ

"5(GhN86>O(f45]a8`4U(>Oa>Od8d4(>O(>5(>b`>O9G84(d4Od>(b>(d8bfea9(>5(f4d>GV(955]55>N9O( a4d9b( 59b( ge>G^9bV( >b>( GhN86>O(f45]a8`4( a8>O>(d8ba8Oa9b( `9G9`a>G]ba8`9b9ke](4(955MJ(F9(fed864b(i>GV(ke>(>ba>(GhN86>O(f45]a8`4(>O("ba9d4b($O8d4(4(>OAG9O`89V(>b(d8ba8Oa4(95(d>()4546789J("O(AG9O`89V(>ba9(95(59d4(d>G>`=4(>(8^ke8>GQd9(c(>O(̀ 9d9(eO4(d>(54b(NGef4b(=9c(f9Ga8d4b(f45]a8`4bV(>O("ba9d4b($O8d4bV(=9ceO(78f9Ga8d8b64(N954f9Oa>V(9(f>b9G(d>(ke>(>q8ba9O(6e`=4b(f9Ga8d4b(a4d4(>ba9d>a>G68O9d4(f4G(d>6_`G9a9b(c(G>fe758`9O4bJ("O()4546789V(=9c(eO(fG475>69ke>( O4(f4d>64b( d85e`8d9GV( f4Gke>( >O()4546789( O4(f4d>64b( d>`8G( `4649Oa>bV(=97]9(eO(78f9Ga8d8b64(>O(d4Od>(54(geOd96>Oa956>Oa>(>Oa>Od8d4(`464>5(je>N4(>OaG>(d4b(f9Ga8d4bV(=4c(O4(f4d>64b(d>`8G(>b4V(f>G4(b](d>j964b(>O`59G4(ke>(>5(GhN86>O(f45]a8`4(>b(>5(>b`>O9G84V(9b](`464(59(NG9O(f8ba9(d>(7985>Vd4Od>(>OaG9(eO4(9(d>64baG9G(b8(b97>(79859G(4(O4(b97>(79859G(c(̀ 46f>a8G(̀ 4O(54b4aG4bJ("b(>5(>b`>O9G84(d>OaG4(d>5(̀ e95V(59b(d8ba8Oa9b(ge>G^9b(f45]a8`9b(b>(d8bfea9O>5(g>Gi4GV(d8N964b(ke>(d>(54b(9b4`89d4bJ

"ba4(ke8>G>(d>`8GV(@47>GO9G(O4(>b(G>b45i>G(fG475>69bV(N47>GO9G(c9(5>b(d8N4(ke>O4(b>(N478>GO9(f9G9(G>b45i>G(fG475>69b(f4Gke>(>O(6e`=9b(4`9b84O>b(b>(N4Q78>GO9(f9G9(G>b45i>G(fG475>69bV(59(N>Oa>(69O8g8>ba9(beb(fG475>69bV(c(9ke](6>b95>O(d4b`8>Oa4b(O4i>Oa9(c(Oe>i>(fG475>69b(d8ba8Oa4bV(c(c4(f4G(G>b45i>G(`e95fG475>69(G>be>5i4(6>(ke>d4(b8O(=4j9(d>(Gea9V(f4Gke>(>ba4c(G>b45i8>Od4(54bfG475>69bJ("Oa4O>b(f4G(>5(`4OaG9G84V(54(ke>(b>(i9(9(f59Oa>9G(>bV(ke>(N47>GO9G>b(eO9(a9G>9(d>(`4Ode``8_O(f45]a8`9(c(>5(feOa4(d>(G>g>G>O`89(f9G9(d>`8G(ke>N47>GO9G(>b(eO9(a9G>9(d>(`4Ode``8_O(f45]a8`9V(f9Ga>(d>(59(79b>(d>(ke>(N47>GQO9G(>b(`464(54(ke>(=9`>(>5(`9f8aMO(d>(eO(79G`4V(>5(`9f8aMO(d>5(79G`4(55>N9(c4Gd>O9(97b45ea96>Oa>(59b(`9GN9bV(955M(i9O(54b(b>n4G>bV(955M(59b(b>n4G9bV(955Mi9O(59b(`9j9b(NG9Od>bV(955M(59b(f>ke>n8a9bl(N47>GO9G(>b(eO9(69O>G9(d>(d8bf4QO>G(59b(̀ 4b9b(f9G9(d8bf4O>G59b(9(eO(g8O(̀ 4Oi>O8>Oa>(f9G9(̀ 9d9(eO9(d>(59b(̀ 4b9bke>(N478>GO9J

"ba4( 54(d8j4(95Ne8>O(=9`>(6e`=]b864b(9n4bV(f9Ga8`e59G6>Oa>(>O(!SYWV(c(b>55969(&>GG8>GV(f9G9(ke>(b>(9`e>Gd>O(b8>6fG>V(f4G(9=](=9c(eO(9Ne9(ke>(b>(55969&>GG8>GV(b4g8ba8`9d9(c(79ba9Oa>(`9G9V(>b(d>5(68b64(9f>558d4(d>5(b>n4GJ

+>(f9Ga>(d>(59(79b>(ke>(6>O`84O964b(9Oa>bJ(!J(,4b(9`9dh68`4bV(f9Ga>O(d>(5979b>(d>(ke>(>5(N478>GO4(>b(eO9(a9G>9(d>(`4Ode``8_O(f45]a8`9V(ke>(59b(f45]a8`9b

L WL WL WL WL W

fH758`9bV(b4O(59(=>GG968>Oa9(>b>O`895(c(ke>(>5(GhN86>O(f45]a8`4(=9c(ke>(a>O>G54>O(̀ e>Oa9J

"Oa4O`>b(O4b4aG4b(i964b(9(>O`4OaG9G(9ke]V(ke>(b8(N47>GO9G(>b(eO9(69O>G9(d>d8bf4O>G(59b(`4b9bV((o59(fG475>6Ma8`9(d>5(N478>GO4(`eM5(b>G]9p(&e>b(59(fG475>Q6Ma8`9(d>5(N478>GO4V(>b(d8G8N8G(9(59(b4`8>d9d(c(g8j9G(>5(Ge674J

&G86>G9(̀ e>ba8_OU(c4(̀ 464(N47>GO9Oa>(O4(i4c(9(G>b45i>G(fG475>69bJ(F4(b4c(>5ke>( i4c( 9( d8G8N8G( 59( b4`8>d9dJ(F4( a>ON4(eO(fG4c>`a4(f45]a8`4V( c4( a>ON4(eOfG4c>`a4(f45]a8`4(c(54(f4ON4(9(`4Ob8d>G9`8_O(d>(59(b4`8>d9dJ(F(c4V(54(i4c(9=9`>G(>g>`a8i4(9(f9Ga8G(d>( 59(=>GG968>Oa9(fG8i85>N89d9(ke>( b4O( 59b(f45]a8`9bfH758`9bl(i95>(d>`8GV(ke>(68(fG4c>`a4(f45]a8`4(6>(i9(=9(f>G68a8G(9(aG9ihb(d>eO9b(=>GG968>Oa9b(>O(f9Ga8`e59GV(ke>(b4O(59b(f45]a8`9b(fH758`9bV(f4O>G(>O(>j>Q`e`8_O(>b4b(f59O>b(c(fG4c>`a4b(f9G9(d8G8N8G(>ba9(b4`8>d9dJ(*4(>b(fG>NeOa9G(ke>fG475>68a9(a8>O>(eba>dV(`e95(fG475>69(a8>O>(eba>dV(eba>d(ke>(fG475>69(a8>O>J"b(N>O>G9G(eO(fG4c>`a4(f9G9(>b9(b4`8>d9d(c(ob>(=9`>(9(aG9ihb(d>(kehp(1>(59bf45]a8`9b(fH758`9bJ

"Oa4O`>bV(>5(9beOa4(O4(>b(G>b45i>G(fG475>69bV(>5(9beOa4(>b(59(d8G>``8_O(d>(59b4`8>d9d(6>d89Oa>(59(aG9c>`a4G89V(54b(fG4c>`a4b(ke>(b4O(d>(a9Oa9(86f4Ga9O`89`464(59b(6>a9b(95`9O^9d9bJ

?8G>(eO9(̀ 4b9(b86f5>U(c4(a>ON4(68(fG4c>`a4(c(b>(54(fG4f4ON4(9(59(b4`8>d9dV(5>d8N4(9(59(b4`8>d9d(keh(7eb`4V(f>G4(8Ne956>Oa>(b>(fG>b>Oa9O(d8ba8Oa4b(>b`4554bJF4(i4c(>O(eO(79G`4(c(6>(d8`>OU(eO(=8>54(NG9Od>(9(59(d>G>`=9J(&e>b(`4j9(f9G959(8^ke8>Gd9J

"O(>5(N478>GO4(be`>d>(54(68b64V(b>(fG>b>Oa9(95N4(8Oeb8a9d4(ke>(>5(N47>GO9Oa>ke>(d8G8j9(>ba9(b4`8>d9d(c(59(55>i>V(g]j>b>(ke>(O4(>b(ke>(6>(d8N9(54b(fG475>69bke>(a8>O>V(>b(ke>(c4(d4c(eO9(4G8>Oa9`8_OV(uf8hOb>O54v(f9G9(=9`>G54(69b(9b>ke8Q75>J(*4b4aG4b(b464b(gGea4V(b464b(54b(`4O>j8554b(d>(8Od89b(d>(54b(f9dG>bV(f>G4O4b4aG4b(d>bfehb(O4b(i>ON964bJ(u)59G4v(&4Gke>(eO4(5>(d8`>(9(59(b>n4G9(d4Od>i9( 9( >baed89G( >5( O8n4V( d4Od>( i9( 9( >baed89G( 59( O8n9( c( eO4(f8>Ob9( ke>( i9( 9>baed89G(>O(a95(̀ 45>N84V(ke>(=975>(̀ =87`=46789O4V(ke>(=975>(gG9O`hbV(ke>(=975>8ON5hbV(c(eO4(a469(59(d>`8b8_O(ke>(d>7>(a>O>G(>O(>b>(`9b4(>b9(b4`8>d9dJ

A]j>Ob>V(ke>(eO4(>O`e>OaG9(`4O(>b4(d>5(968N4(ke>(d8`>(`e9Od4(b>(>O`e>OaG9d>bfehb( `4O( 59(6ej>GV( 48N9U( f>G4( 95( O8n4( `464( 54( f>8O9O( d>( g>4V( >b( ke>>b( be( 5_N8`9V(ke8>G>O(ke>( be(O8n4(>ba>(f>8O9d4(`4O( 59(68a9d(d>( 59( `97>^9G9f9d9(>a`s

"b4b(N47>GO9Oa>b(d>(>OaG>(>b9(g968589V(b4O(54b(ke>(d>`8d>O(>5(Ge674l(OeO`9(5>>baMO(d8`8>Od4(95(O8n4(oae(ke>(ke8>G>bp()e9Od4(O8(b8ke8>G9(fe>d>(=9759G(>5O8n4J(o?>(>qf58`4(̀ 4O(>ba>(>j>6f54p(#e>(O4(>b(>5(G>b45i>G(fG475>69bV(b8O4(b4O54b(d>GG4a>G4b(ke>(b>(g8j9OJ("Oa4O`>bV(>5(9beOa4(O4(>b(59(b45e`8_OJ

L !L !L !L !L !

'(b>9V(ke>(59(a9G>9(d>(N47>GO9G(>b(eO9(a9G>9(d>(`4Ode``8_O(f45]a8`9(d>(54b`8ed9d9O4b(c(d>(59b(8Oba8ae`84O>bV(f4G(>b4V(eO4(d>7>(>Oa>Od>G(8Od>f>Od8>Oa>d>(9g>`a4b(c(d>b9g>`a4b(ke>(>5(ke>(>OaG9(9(N47>GO9G(d8`>U(O4V(c4(O4(ke8>G4i>8Oa8d_b(68O8ba>G84bJ(F4(`G>4(ke>(f4d>64b(geb84O9G(>5(SWw(c(95(geb84O9G54Vfe>b(b86f5>J(F4(>ba4c(N47>GO9Od4(O4(b454(9(54b(̀ 8ed9d9O4bV(b8O4(9(59b(8Oba8aeQ`84O>b(d>5(>ba9d4(a9678hOJ

+8(a>O>64b(a4d4(>ba4(f59Oa>9d4V(>Oa4O`>bV(okeh(d8G]964b(9`M(d>(68`4bp(&9G959(68b69(hf4`9V(g8O95>b(d>5(9n4(TWV(fG8O`8f84b(d>5(KJWWWV(d8G]964b(ke>(b8(>ba4>b(9b]V(>Oa4O`>bV(oke>(fG4f4O>(>ba>(Oe>i4(NGef4p(18`>U(+>(fG4f4O>(eO9(G>5>`aeG9d>(54b(fG4`>b4b(d>(G>baGe`aeG9`8_OV(d>(54b(fG4`>b4b(d>(59b(f45]a8`9b(fH758`9bke>(fG8i85>N8>(59(`>OaG958d9d(d>(54b(G>N]6>O>b(f45]a8`4b(c(G>`4O4^`9(59(geO`8_O`Ge`895(d>(59(a9G>9(Ne7>GO9a8i9J(*4(b>(fe>d>(9g8G69G(ke>(>5(fG4`>b4(d>(g4G6eQ59`8_O(d>(f45]a8`9b(fH758`9bV(>ba9(f4G(ge>G9(d>(59(f9Ga8`e59G8d9d(d>5(GhN86>Of45]a8`4J(%6f4b875>J

"5(GhN86>O(f45]a8`4(>b(d>a>G68O9Oa>(f9G9(>b4J

0`ehGd>Ob>(d>(54b(>j>6f54bV(eO9(̀ 4b9(>b(ke>(a>ON964b(>5(=87G8d4(ke>(a>O>64b9ke]V(c(4aG9(̀ 4b9(>b(ke>(a>ON964b(eO4b(f9Ga8d4b(f45]a8`4b(geO`84O9Od4(>O(4aG459d4l(5e>N4V(d>(59(g4G69(`464(>ba>(9GNe6>Oa9d9(59(d858N>O`89(d>(59(`9b9(>OaG>>5(f9fM(c(59(696MV(>b9(b4`8>d9d(55969d9(=8j4bV(a469O(eO(Ge674J(,e>N4(=9cke>(a>O>G(>O(`e>Oa9(>b>(5eN9G(ke>(b>(55969(GhN86>O(f45]a8`4J

&4G( 4aG4( 59d4V( 9ke]( =9c( eO9( d>g8O8`84O`8a9V( f>G4( >b( ke>( >bV( b4O( d>( >b9bd>g8O8`84O>bJ

"5( GhN86>O(f45]a8`4V( >Oa>Od8d4(`464( 59( 8Oba9O`89(>O(d4Od>( b>(fG4de`>O(c`4=>b84O9O(>5(`4OjeOa4(d>(O4G69b(c(fG4`>d868>Oa4b(f>G69O>Oa>b(c(>ba975>bVke>(G>Ne59O(59(4GN9O8^9`8_O(c(>5(>j>G`8`84(d>5(f4d>G(f45]a8`4V(c(ke>(>baGe`aeG9O59b(G>59`84O>b(>OaG>(>5(>ba9d4(c(59(b4`8>d9dl(>b(>5(5eN9G(d4Od>(b>(fG>b>Oa9O(54bd8ba8Oa4b(9`a4G>b(f45]a8`4b(c(b>(d8bfea9O(>5(f4d>G(f45]a8`4J

0ke>5(ke>(N9O>(>5(f4d>G(f45]a8`4V(i9(=9`>G(eO(G>d8b>n4(8Oba8ae`84O95(c(`4O(beG>d8b>n4(8Oba8ae`84O95(>b(>5(G>be5a9Oa>(d>(ke>(54b(>ba9(d>b>Oi45i8>Od4(95(GhN8Q6>O(f45]a8`4J

A]j>Ob>(eba>d>bV(ke>(d4Od>(=9c(N478>GO4b(9ea4G8a9G84bV(i95>(d>`8GU(b454(f8>Ob4c4(̀ 464(N47>GO9Oa>(oc(54b(4aG4bp(&e>b(b86f5>(c(559O96>Oa>V(59(f9Ga8`e59G8d9d>b(>5(GhN86>O(f45]a8`4V(i9(59(869N>O(d>(54(ke>(a8>O>O(ke>(b>G(beb(8Oba8ae`84O>bJA8O956>Oa>(eO4(d8G]9U(d>bfehb(d>(a4d4V(eO4(fe>d>(=9`>Gb>(>b9(fG>NeOa9V(c4fG>g8>G4(=9`>G59(>O(9g8G69a8i4V(54b(G>N]6>O>b(f45]a8`4b(d>a>G68O9O(59b(f45]a8`9bfH758`9bJ

L KL KL KL KL K

,4b(d8ba8Oa4b(G>N]6>O>b(f45]a8`4b(N>O>G9O(eO9(>bf>`8g8`8d9d(f9G9(59(G>Ne59`8_Oc(>baGe`aeG9`8_O(d>(59b(f45]a8`9b(fH758`9bJ

1>bd>(>5(646>Oa4(8O8`895V(̀ e9Od4(d>`]964b(O4(aG98N964b(9(>b>(NGef4(o)_64b>(5596979p(o"5(d>(>b9b(f>Gb4O9bp(->`O_`G9a9bJ(A4G6e59O(f45]a8`9b(c(eO4(59b55>i>(9(9ke]J(1>`]964bU(@9O9V(*968789V()4546789V("`e9d4Gl(9(>ba>(646>Oa4>ba964b( d8`8>Od4( ke>( =9c( eO( NGef4( fG8i85>N89d4( ke>( 59b( g4G6e59V( ke>( >bbeg8`8>Oa>J

F(9ke]( 59(fG4fe>ba9(>bU(=9c(ke>(68G9G(>5( GhN86>O(f45]a8`4V( 59(4GN9O8^9`8_O8Oba8ae`84O95( c( >b4( >b( 54( d>a>G68O9Oa>( f9G9( 59( g4G6e59`8_O( d>( f45]a8`9bfH758`9bJ

L LL LL LL LL L

L XL XL XL XL X

1G1G1G1G1GJ( "bJ( "bJ( "bJ( "bJ( "baaaaa>79>79>79>79>79O( )95O( )95O( )95O( )95O( )95iiiii444443)=3)=3)=3)=3)=88888 5>:5>:5>:5>:5>:

"5(1GJ("ba>79O()95i4(>b(+4`8_54N4(d>(59(eO8i>Gb8d9d(̀ 9a_58`9(d>(̀ =85>V(?9N8ba>Gc(14`a4G(>O(+4`8454N]9(d>(;4ba4O()455>N>J(?9N8ba>G(>O(+95ed(&H758`9(d>(59$O8i>Gb8d9d(d>(D9Gi9GdJ("b(fG4g>b4G(9b4`89d4(c(d8G>`a4G(d>( 59(69>baG]9(>Of45]a8`9b(fH758`9b(d>(59(eO8i>Gb8d9d(18>N4(&4Ga95>b(>O(+9Oa89N4(d>()=85>J

L SL SL SL SL S

0*-")"1"*-"+( F( 1"+0*-")"1"*-"+( F( 1"+0*-")"1"*-"+( F( 1"+0*-")"1"*-"+( F( 1"+0*-")"1"*-"+( F( 1"+0..0..0..0..0..''''',,,,,,,,,,'+( .")%"*-"+( 1",'+( .")%"*-"+( 1",'+( .")%"*-"+( 1",'+( .")%"*-"+( 1",'+( .")%"*-"+( 1",+%+-"?+%+-"?+%+-"?+%+-"?+%+-"?0( 1"( +0( 1"( +0( 1"( +0( 1"( +0( 1"( +0,0,0,0,0,$1( )D%,"*'$1( )D%,"*'$1( )D%,"*'$1( )D%,"*'$1( )D%,"*'

,9(fG>b>Oa9`8_O(a>OdGM(S(f9Ga>bV(59(fG86>G9(b>GM(6ec(`4Ga9V(`4O(fG>NeOa9bke>(i4c(9(8Oa>Oa9G(G>bf4Od>GJ

,9(fG86>G9(fG>NeOa9(>b(o`eM5>b(b4O(54b(fG8O`8f95>b(f>G84d4b(>(=8a4b(=8ba_G8`4bd>( 59b(f45]a8`9b(d>( b95ed(>O()=85>pV( i4c(=9`>G(eO(7G>i>( G>f9b4(d>bd>(ke>8O8`89O( =9ba9( =9`>( d8>^( 9n4b( 9aGMbJ( ,e>N4( 5>b( `4Oa9Gh( 9`>G`9( d>5( `4Oa>qa4>f8d>6845_N8`4(c(d>64NGMg8`4(>O()=85>(c(54(i4c(9(̀ 46f9G9G(̀ 4O(>5(d>()4546Q789J()464(i964b(9(>ba9G(=9759Od4(d>()=85>V(i>G>64b(`_64(b>(`46f9G9O(54bd4b(f9]b>b(>O(>bf>G9O^9(d>(i8d9V(>O(>Oi>j>`868>Oa4(d>(59(f4759`8_OV(>O(N9ba4bd>(b95edV(>O(a4d4b(54b(8Od8`9d4G>b(ke>(b4O(G>5>i9Oa>b(f9G9(i>G(b8(59b(̀ 4b9b(ke>be`>d>O(>O()=85>(a8>O>O(95NeO9(9f58`9`8_O(4(O4(>O()4546789J("O(a>G`>G(5eN9G5>b(`4Oa9Gh(ke>(>b(54(ke>(be`>d>(9`ae956>Oa>(>O()=85>(>O(f45]a8`9b(d>(b95edJ

$ba>d>b(fG47975>6>Oa>(a8>O>O(95NeO9(g968589G8d9d(̀ 4O(>5(b8ba>69()=85>O4J(D9=978d4(`96784b(G>`8>Oa>bV(95NeO9(d>(59b(`4b9b(ke>(5>b(i4c(9(`4Oa9G(fG47975>Q6>Oa>(c9(59b(b97>O(c(4aG9b(>bf>G4(ke>(b>9O(Oe>i9bJ(F(59(`e9Ga9(fG>NeOa9(>bo`_64(G9`84O9G(59(b95ed(d>(69O>G9(jeba9V(5>N8a869(c(beba>Oa975>pV(hba9(fG>NeOQa9(O4(59(i4c(9(G>bf4Od>G(f4G(ke>(b8(fed8>G9(=9`>G54(b>G]9(>5(d8G>`a4G(d>(59($%+>b(6ec(d8g]`85(d>(`4Oa>ba9GJ(,9(d>j9Gh((f59Oa>9d9(c(5>b(i4c(9(`4Oa9G(`_64(59=>64b(G>be>5a4(>O()=85>V(eba>d>b(i>GMO(b8(95N4(d>(>ba4(b8Gi>(f9G9()4546789(c6e`=4(d>5(a>69(fG47975>6>Oa>(d>7>(b>G(6>j4G9d4(b8(>b(ke>(55>N9(9(b>G(9f58`9Q75>(95(`9b4(d>()4546789J

,9(=8ba4G89(d>5( b8ba>69(d>( b95ed(>6f8>^9(>O( 54b(9n4b(ZW( 3!ZZW:(>5(fG86>G646>Oa4(>b(>5(9f9N_O(ke>(d9(>O(!ZTW(>O()=85>(d>(9=](>O(9d>59Oa>(=9c(eO9b>G8>(d>(54NG4b(b4ba>O8d4b(>O(b95ed(fH758`9(ke>(a8>O>O(eO(g4`4(fG8O`8f956>Oa>>O(G>de`8G(59b(>Og>G6>d9d>b(aG9Ob68b875>bV(>b4(>b(54(ke>(b>(=9`>(9(`468>O^4d>(!TWWJ($O(b>NeOd4(646>Oa4(>O()=85>(>b(>5(fG86>G(̀ _d8N4(d>(b95ed(fH758`9ke>(b>(86f5>6>Oa9(>O(!T!RV(5e>N4(b>(86f5>6>Oa9(eO(b>NeG4(d>(47G>G4(>Ob95ed(>O(!TKX(c(b>(86f5>6>Oa9(59b(5>c>b(>O(6>d8`8O9(fG>i>Oa8i9V(>bge>G^4(ke>a>G68O9(>O(AG9O`89J

"b>(fG86>G(f>G84d4(>O()=85>(G>de`>(79ba9Oa>(59b(>Og>G6>d9d>b(d>(a8f4(aG9ObQ68b875>(c(d9(f9b4(9(eO9(b>NeOd9(>a9f9(ke>(>baM(G>59`84O9d4(`4O(59(`G>9`8_Od>(eO(b8ba>69(O9`84O95(d>(b95edJ("5(`468>O^4(d>(>ba9(=8ba4G89(>b(8Oa>G>b9Oa>Vf9Ga>(`4O(eO(NG9O(a>GG>64a4(>O()=85>(>O(!TLT(c(59b(9ea4G8d9d>b(>O(b95ed(b>d9O(`e>Oa9(d>(ke>(d>7>64b(8Oa>NG9G(54b(b>Gi8`84b(ke>(>OaG>N964b(f9G9(G>b45Qi>G(eO(>i>Oa4(`464(eO(a>GG>64a4J(Ae>(eO9(4f4GaeO8d9d(f9G9(>6f>^9G(9(f>OQb9G(>O(Oe>baG4b(b8ba>69b(>O(b95edV(b>(7eb`9(̀ 464(8Oa>NG9G(59b(8Oba8ae`84O>bV(59bf45]a8`9b(c( 54b(b>Gi8`84bV(,4b(( a>GG>64a4b(69G`9O(79ba9Oa>( 59(b95ed(fH758`9la>O>64b(eO4(`4Ob8d>G975>(`9d9(KS(9n4bJ(+>(f8>Ob9(ke>(d>7>64b(a>O>G(eO

L YL YL YL YL Y

b8ba>69(d>(b95edV(b>(69Od9(>5(fG4c>`a4(95()4ONG>b4(f>G4(>5(fG4c>`a4(b>(ke>d9!W(9n4b(955]J

"O(!TXW(b>(d84(eO9(d8b`eb8_O(9`>G`9(d>(̀ _64(=9`>64b(>5(b8ba>69(O9`84O95(d>b95edV(=9c(d>b9GG4554(>O(95NeO9b(8Oba8ae`84O>b(c(>O(>5(SW(c(YW(a>O>64b(eOb8ba>69(ke>(fG>a>Od]9(b>G(eO8g8`9d4V(8Ne958a9G84(c(eO8i>Gb95J("ba>(64d>54(>baM8Obf8G9d4(>O(>5(64d>54(7G8aMO8`4V(9=4G9(O4(a8>O>(a4d9b(>ba9b(`9G9`a>G]ba8`9bV69Oaei4(d8g>G>O`89b(f4G(8ONG>b4b(9(f>b9G(d>5(>bf]G8ae(=97]9O(b8ba>69b(f9G95>Q54b(c(a4d4b(a>O]9O(54b(68b64b(7>O>g8`84bJ

,e>N4(i8>O>(eO9(a>G`>G9(>a9f9(c(eO(a>G`>G(NG9O(646>Oa4(d>(59b(f45]a8`9b(d>b95ed(>O()=85>V(ke>(a8>O>(ke>(i>G(`4O(59(G>g4G69(fG8i9a8^9d4G9(d>(54b(RW(c(54bZWJ(-4d9(06hG8`9(aei4(>ba>(fG4`>b4(d>(fG8i9a8^9`8_O(>O(d8ba8Oa9b(hf4`9bV(>O)=85>(̀ 46>O^_(̀ 4O(59(d8`a9deG9(>O(!TRLV(̀ e9Od4(aei864b(eO(N45f>(d>(>ba9d46ec(i845>Oa4J("5(d8`a9d4G(>O(>b>(646>Oa4(4Gd>O_(9(54b(68O8baG4b(>baed89G(>O(59$O8i>Gb8d9d(d>()=8`9N4(>O("ba9d4b($O8d4bV( 54( ke>(d84( `464( G>be5a9d4(>5NGef4(`4O4`8d4(`464(54b(m)=8`9N4(74cbmV(eO(NGef4(d>()=85>O4b(ke>(b>(ge>(9>baed89G(9("ba9d4b($O8d4b(c(ie>5i>(9()=85>(̀ 4O(a4d9b(59b(f45]a8`9b(O>4587>G95>bJ"b4(>b(54(ke>(b>(=9`>(geOd96>Oa956>Oa>(deG9Oa>(54b(RW(c(54b(ZWJ

,e>N4(i8>O>(d>b`>OaG958^9`8_O(d>(59(9a>O`8_O(fG869G89J($O9(d>(59b(`4b9b(ke>=9`>O(54b(m)=8`9N4b(74cbm(>b(`4O`>OaG9G((a4d9b(59b(>O>GN]9b(d>5(b8ba>69(d>b95ed(>O(54((ke>(>O()=85>(5596964b(6eO8`8f84bV(O4(b>(eba>d>b(9ke](`464(5>5596>O(eO9(>b9(eO8d9d(N>4NGMg8`9(9d68O8baG9a8i9(6Mb(f>ke>n9V(>O(59(ke>(=9ceO9(95`95d>(6Mb(̀ >G`9(d>(59(̀ 46eO8d9dJ(+>(aG9a9(d>(G>b45i>G(>5(a>69(9(O8i>5(d>54b(6eO8`8f84bV(b>(5>b(d9(6e`=9b(ge>G^9b(c(b>(d>j9(ke>(>O(>554b(b>(G>be>5i9a4d4b(54b(fG475>69b(d>(9a>O`8_O(fG869G89J(05(68b64(a8>6f4(54b(m)=8`9N4b74cbm(`4O(be(g854b4g]9(O>4587>G95(fG46e>i>O(eO(6>G`9d4(d>(9b>NeG9d4G9b(fG8Qi9d9b(ke>(>O()=85>(5596964b(%+0&."V(ke>(4gG>`>O(b>NeG4b(fG8i9d4b(d>(b95edc(eO(6>G`9d4(d>(fG>ba9d4G>b(d>(b95ed(fG8i9d4bJ(+>(d>b9GG4559O(ge>Ga>6>Oa>`5]O8`9bV(c9(O4(=4bf8a95>b(fH758`4b(>O(>ba4b(9n4b(̀ e9Od4(b>(̀ G>9(>ba>(6>G`9d4fG8i9d4J("5(>ba9d4(a8>O>(ke>(a>O>G(ke>(bef>Gi8N859G(9(>ba9b(9b>NeG9d4G9b(fG8i9Qd9b(c(b>(̀ G>9(eO9(bHf>G(8Oa>Od>O`89(%+0&."(ke>(b4596>Oa>(b>(fG>4`ef9(d>(54b9b>NeG9d4G>b(fG8i9d4b(c(O9d9(6MbJ(0d>6Mb(b>(`G>9(eO( g4Od4(O9`84O95(d>b95edV(f>G4(b>(>OaG>N9(6>O4b(G>`eGb4b(ke>(9Oa>bV(b>(O467G9(A'*0+0(9(>ba>g4Od4(O9`84O95(d>(b95edV(ke>(G>fG>b>Oa9(eO9(`4OaG9``8_O(d>5(>bf9`84(fH758`4d>(59(>OaG>N9(d>(b95edJ("ba9b(9b>NeG9d4G9b(fG8i9d9bV(59b(%+0&."V(i9O(d>(!W(9KW(d>f>Od8>Od4(d>(59(hf4`9(>O(ke>(>ba>64b(=9759Od4V(L(9(X(d>(>559b(̀ 4O`>OQaG9O(>5(TWw(d>5(6>G`9d4J(,9(8d>9(d>5(6>G`9d4(c(d>(59(`46f>a>O`89(geO`84O9`4O(79ba9Oa>b( 5]68a>bV(95NeO9b(d>( 59b( %+0&."( 55>N9O(9(b>G(6e5a8O9`84O95>bl=9c(95NeO9b((>O()=85>(c(>O()4546789(95(68b64(a8>6f4J("O(`e9Oa4(9(59(`47>GQaeG9(ke>(95`9O^9(9( 59(f4759`8_OV(O4(>b(6ec(95a9V( >O( be(hf4`9(d>(6Mq869`47>GaeG9(55>N9(95(KSw(c(=4c(d]9(95(!YwV(>O((O8ONHO(646>Oa4(6Mb(d>(!(d>`9d9(X()=85>O4b(>baM(`e78>Ga4(f4G(eO9(9b>NeG9d4G9(fG8i9d9V(9b](>5(b8ba>69(d>

L RL RL RL RL R

b95ed()=85>O4(d>bd>(59(f>Gbf>`a8i9(d>5(9b>NeG968>Oa4(>b(geOd96>Oa956>Oa>fH758`4(9(f>b9G(d>(>ba9b(G>g4G69bJ("O(̀ e9Oa4(95(g8O9O`8968>Oa4V(>559b(b>(g8O9OQ`89O(`4O(`4OaG87e`84O>b(`464(f4G`>Oa9j>(d>5(be>5d4V(=9c(eO(a4f>V(b8(b>(N9O969b(d>(L(685(d_59G>b(eO4(O4(a8>O>(ke>(`4OaG87e8G(=9ba9(>5(RwV(=9ba9(9=](b>55>N9J(+8(eO4(O4(a8>O>(̀ 8>Ga4b(OH6>G4b(d>(8ONG>b4V(>OaG9(d8G>`a96>Oa>(9(A'*0+0J

D9c(6e`=4b(f59O>b(d8g>G>Oa>b(f4Gke>(59b(%+0&."(4gG>`>O(beb(f59O>b(d>(b95edd>(9`e>Gd4(9(54b(8ONG>b4bV(`4O(%+0&."(a>ON4(685(f59O>b(f9G9(>5>N8G(c(eO4>58N>(>5(ke>(a8>O>(6Mb(`>G`9V(9b](geO`84O9J("b(6ec(d8g]`85(`46f9G9G59bV(O4(>baM59(8Og4G69`8_O(78>O(>ba9Od9G8^9d9J(D9c(a4d4(eO(a>69(`4O(54b(i>Od>d4G>b(ke>a>(>OaG>N9O(54b(b>NeG4bV(=9c(eO4b(g4Od4b(ke>(b>(fG464`84O9O(6>j4G(d>(54b(ke>>O(G>958d9d(b4OV(eO9(i>^(ke>(eO4(>OaG9(>6f8>^9O(9(be78G(59b(fG869bJ(-8>O>O79ba9Oa>b(d>g8`8>O`89b(`4O(G>bf>`a4(9( 54(ke>(>G9( 8O8`8956>Oa>(>5(fG4c>`a4(cG>`8>Oa>6>Oa>(59b(%+0&."(b>(=9O(>6f>^9d4(9(jeOa9G(̀ 4O(59b(G>d>b(d>(fG>ba9d4G>bfG8i9d4b(c(=9O(N>O>G9d4(eO(`4Ob4G`84(`464(>O("ba9d4b($O8d4b(d4Od>(b>4gG>`>O(b>NeG4b(c(fG>ba9`84O>bV(>Oa4O`>b(=9c(fG>ba9d4G>b(fG>g>G>O`895>b(c(54b68b64b(de>n4b(b4O(de>n4b(d>(59b(9b>NeG9d4G9b(c(a9678hO(d>(59(`5]O8`9(ke>4gG>`>(54b(b>Gi8`84bJ

$O9(`e9Ga9(>a9f9(d>5( b8ba>69(d>( b95ed(fe758`9()=85>O4(>b(>5( `468>O^4(d>b8ba>69b(d>(N9G9Oa]9b(>qf58`8a9b(>O(b95ed(c(54(i4c(9(6>O`84O9G(6ec(7G>i>6>OQa>(f4G(ke>(>ba4(c9(>6f8>^9(9(b>G(59(9`ae958d9dJ(1eG9Oa>(54b(fG86>G4b(9n4b(d>59(ie>5a9(d>(59(d>64`G9`89(>O(54b(TWV(54b(`96784b(b8Ne8>G4O(>5(68b64(Ge674Vge>(eO9(aG9Ob8`8_OJ()=85>(>ba979(8O>ba975>V(=97]9(6e`=4(a>64G(c(fG475>69b(d>>ba97858d9d(f45]a8`9V(f4G(54(a9Oa4(a4d9(59(fG8i9a8^9`8_O(b>(69Oaei4(>O(>5(g4Od4V54(ke>(b>(55969(59(8d>454N]9(O>4587>G95J(*4(=9c(eO(̀ e>ba84O968>Oa4V(9(f>b9G(d>a>O>G(fG>b8d>Oa>b(d>(8^ke8>Gd9V(8O`5eb4(95NeO4b(b4`8958ba9bV()=85>(b8Ne>(>5(68bQ64(Ge674(>O(`e9Oa4(9(be(8d>454N]9(d>(G>g4G69b(f45]a8`9bJ(Ae>(=9ba9(>5(9n4KWWS(`4O(>5(N478>GO4(d>(.8`9Gd4(,9N4b(`e9Od4(>ba979(6Mb(`4Ob458d9d9((59d>64`G9`89V(ke>(=9c(eO(fG86>G(`96784( 86f4Ga9Oa>(>O( 59(b95edV( 59(G>g4G690eN>Q@>b(ke>(>b(7Mb8`96>Oa>(eO9(fG84G8^9`8_O(d>(f9a454N]9b(`4O(N9G9Oa]9>qf58`8a9J(+>(>58N>(eO9(`9Oa8d9d(d>(>Og>G6>d9d>b(f9G9(59b(`e95>b(a>(9b>NeG4`8>Ga9b(`4b9bJ

"O(G>be6>O(a>O>64b(eO9(=8ba4G89(d>(fG8i9a8^9`8_OV(59(`G>9`8_O(d>(59b(%+0&."ke>(>baMO(9ke]V(59b(d>5>N9`84O>b(ke>(`G>9O(>ba>(g4Od4(O9`84O95(d>(b95edV(59`G>9`8_O(d>(59(bHf>G(8Oa>Od>O`89(ke>(G>Ne59V(59(b>f9G9`8_O(d>(geO`84O>bV(9b]`464(>5(a>69(d>(d>b`4O`>OaG9`8_OJ("5(?8O8ba>G84(d>(+95ed(a8>O>(d4b(be7b>`G>Qa9G]9b(ke>((b>(d8i8d>O(c(N>O>G9(eO9(`8>Ga9(9ea4G8d9d(G>N84O95V(59b(+>`G>a9G89b.>N84O95>b(?8O8ba>G895>b(ke>(a8>O>O(9(be(`9GN4(54b(=4bf8a95>b(`4O(b>Gi8`84b(d>b95edV( 9d>6Mb( b>( d>ie>5i>( >5( a>69( d>( 59( b95ed( 9( 59b( 6eO8`8f958d9d>b( ke>a8>O>O(̀ 4Obe5a4G84(d>(9a>O`8_O(fG869G89(c(a>O>64b(59(g8NeG9(d>5(8Oa>Od>Oa>V(eO99ea4G8d9d(G>N84O95(>O()=85>(ke>(G>bf4Od>(d8G>`a96>Oa>(95(?8O8ba>G84(d>5(%Oa>QG84G(c(O4(95(d>(+95edJ("b>(>b(>5(G>be6>O(d>(54b(`96784b(=8ba_G8`4bV(>ba4(>b(54ke>(=9(f9b9d4(>O()=85>(deG9Oa>(54b(H5a864b(!WW(9n4bJ

L ZL ZL ZL ZL Z

0=4G9( 5>b(i4c(9(`4Oa9G(>5(`4Oa>qa4(>f8d>6845_N8`4Qd>64NGMg8`4(c(`_64(b>`46f9G9(̀ 4O(59(G>958d9d(d>()4546789J("O(95NeO9b(̀ 4b9b(O4b(f9G>`>64bV(6e`=4bNGMg8`4b( ()=85>O4b( b4O( b>6>j9Oa>b( 9( 54b( `4546789O4bJ("5(6eOd4( g5e`aH9( cO4b4aG4b(i964b(d>(59(69O4V(>O(4aG4b(>ba964b(d8ba8Oa4b(f>G4(54(86f4Ga9Oa>(>bG>`4O4`>G(59b(d8g>G>O`89b(f4Gke>(>559b(86f58`9O(ke>(d>7>64b(=9`>G(59b(`4b9bd>(g4G69(d8ba8Oa9J

.>be6>O(N>O>G95(d>(`=85>

"O(ahG68O4b(d>(>`4O46]9()=85>(>b(>ba975>(f>G4(8O>ke8a9a8i9J("5(f8(f>G(`Mf8a9>b(d>(!S(685(d_59G>b(9fG4q869d96>Oa>l(>5(@%*%(>b(d>(STV(79ba9Oa>(95a4l(>5]Od8`>( d>( d>b9GG4554( =e69O4( >b( d>( ZWS( ke>( >b( 6ec( 95a4( c( i9( >O( i]9( d>d>b9GG4554V(>O(>5(G9Ot8ON(>baM(>O(59(f4b8`8_O(XL(d>(!ZYJ("5(N9ba4(>O(b95ed(>b7e>O4V(9`ae956>Oa>(95`9O^9(9fG4q869d96>Oa>(>5(Zw(>O(&%;(c(>O(d_59G>b(f>G`Mf8a9(b4O(95G>d>d4G(d>(TSW(d_59G>bJ(,9(>bf>G9O^9(d>(i8d9(>b(d>(RT(9n4bV(>b6ec(95a9V(=>64b(9i9O^9d4(>O(>qa>Od>G(59(i8d9(d>(59b(f>Gb4O9b(>O()=85>l(59g>Ga858d9d(=9(79j9d4(6e`=]b864V(>O(54b(RW(a>O]964b(LVX(>O(59(a9b9(d>(g>Ga858Qd9dV(>O(KW!W(>G9(!VTl(c9(>ba964b(79j4b(>O(59(a9^9(d>(G>6f59^4V(b464b(eO(f9]bke>(>Oi>j>`>(c(b8(b>Ne864b(9(>ba>(G8a64V(i964b(9(d>b9f9G>`>Gl(59(64Ga958d9dO>4O9a95(>b(d>5(SVSwV(eO9(d>(59b(6>j4G>b(>O(,9a8O496hG8`9l(59b(>Og>G6>d9d>bO4(aG9Ob68b875>(a9678hO(a8>O>O(eO9(=8ba4G89(8Oa>G>b9Oa>V(9ke](>O(`96784b(f9Qb964b(d>5(SLw(d>(`9eb9(d>(6e>Ga>(>O(!TRW(=9ba9(>5(RSw(d>(KW!WJ

)4O(G>bf>`a4(95(`96784(>O(f>Gg85(d>64NGMg8`4(fe>d>O(i>G(9ke](>O(>ba9(g8NeG959(68b69(=8ba4G89(d>(9Oa>bV(59b(>Og>G6>d9d>b(O4(aG9Ob68b875>b(b4O(d>5(RWwVd>f>Od>(d>5(9n4(>O(ke>(b>(`e>Oa9OJ(,9b(`9eb9b(>qa>GO9b(b4O(d>5(!Tw(c(59b>Og>G6>d9d>b(`46eO8`975>b(`464(`9eb9(d>(6e>Ga>(b4O(b4596>Oa>(d>5(!Ww(c9ke](b>(fe>d>(i>G(`_64(>i45e`84O9O(>ba9b(`9eb9b(d>(6e>Ga>(9(54(59GN4(d>5a8>6f4J(->O>64b(!TRW(>O(NG8b(c(a>O>64b(KWWX(>O(G4j4V(eba>d>b(fe>d>O(i>G(>5b8ba>69(`8G`e59a4G84(ke>(>b(59(79GG9(d>(59(8^ke8>Gd9V(>O(>5(RWV(59(79GG9(d>5(NG8bV>5(!Sw(g955>`]9(f4G(>Og>G6>d9d>b(G>59`84O9d9b((95(b8ba>69(̀ 8G`e59a4G84(68>OaG9bke>(>O(KWWX(>b(̀ 9b8(>5(LWwJ(0=](b>(i>(hba9(aG9Ob8`8_O(d>64NGMg8`9(6ec(ge>Ga>J+8(O4b(i964b(9(59(79GG9(d>(59(d>G>`=9V(59(ke>(d8`>(m8Og>``84O>b(f9G9b8a9G89bmi>64b(ke>(>5(`96784(>b(8Oi>Gb4U(>O(>5(9n4(RW(=97]9(eO9(7e>O9(fG464`8_O(d>59b(f>Gb4O9b(ke>(64G]9O(f4G(>Og>G6>d9d>b(8Og>``84b9b(c(f9G9b8a9G89bV(=4c(d]9>b(6ec(79j4J

D9c(eO(7e>O(>j>6f54(f9G9(85ebaG9G(`_64(>ba4b(`96784b(=9O(4`eGG8d4(c(keh(b>=9(=>`=4(f9G9(95`9O^9G54bU(>5(`_5>G9V(59(g8>7G>(a8g48d>9((c(59(=>f9a8a8bJ(D9c(eO9d8b68Oe`8_O(=8ba_G8`9(>O()=85>(d>(59b(>Og>G6>d9d>b(>OahG8`9bJ("O(>5(9n4(!TT!aei864b(eO9(ge>Ga>(96>O9^9(d>(`_5>G9(ke>(>ba979(4G8N8O9d9(>O(&>GH(c(>ba996>O9^9(ge>(eO9(4f4GaeO8d9d(f9G9(d8b68Oe8G(>ba>(a8f4(d>(>Og>G6>d9d>bV(f9G96>j4G9G(Oe>baG9b(`4Od8`84O>b(b9O8a9G89bJ

L TL TL TL TL T

,4(ke>()=85>(=8^4(ge>(aG9a9G(>5(9Ne9V(b>(64O8a4G>9(>5(`54G4V(b>(bef>Gi8b9O(59bf59Oa9`84O>b(ke>(6e`=9b(i>`>b(b>(G>N979O(`4O(9Ne9b(be`89bV(b>(>6f>^_(9aG9a9G(6>j4G(54b(9586>Oa4b(Q54b(69G8b`4bQV(b>(=8^4(=8N8>O>(f>Gb4O95(c(a4d4(>ba44G8N8O_(G>be5a9d4b(79ba9Oa>b(ge>Ga>bJ(&e>d>O(i>G(>O(59(b8Ne8>Oa>(d89f4b8a8i9(59`96f9n9(d>5(`_5>G9(ke>(b>(=8^4(>O(>5(9n4(ke>(>baM(9ke](b>n959d4J(D9c(d4ba8f4b(d>(>Og>G6>d9d>bV(59(=>f9a8a8b(c(g8>7G>(a8g48d>9V(59(g8NeG9(d>(>ba9(H5a86979j9(6e`=]b864J

"O(59(=>f9a8a8b(59(=8ba4G89(>b(69b(>qaG9n9V(O4(b>(i>(a9O(̀ 59G4(9ke](f>G4(79j9V(5>bi4c(9(64baG9G(>O(4aG9(g8NeG9(`_64(`96789(9Oa>b(d>(59(`96f9n9(c(d>bfehb(d>59(`96f9n9J("ba9(>b( 59(g8NeG9V(9Oa>b(d>( 59(`96f9n9(>ba9(>G9( 59(fG>i95>O`89fG46>d84V(d>bfehb(d>(59(`96f9n9(>ba9(5]O>9(G4j9(79j9(79ba9Oa>V(=9c(g5e`ae9Q`84O>b(fG46>d84V(eO(`96784(79ba9Oa>(86f4Ga9Oa>(9Oa>b(c(d>bfehb(d>(59(`96Qf9n9J(,9b( a9b9b( d>( 8O`8d>O`89( 79j9O(6e`=]b864V( >5( 9``>b4( 95`9Oa9G8559d4( cg9`858d9d>b(b9O8a9G89b(54(6e>baG4(9ke](>O(`46f9G9`8_O(`4O()4546789J

"ba>(>b(eO(d9a4(ke>(O4b(9ced_(9(9i9O^9G(c(>O(>5(ke>(=9c(d8g>G>O`89b(86f4Ga9OQa>b(`4O(59b(`4Od8`84O>b(`4546789O9bJ("O()=85>(>5(f4G`>Oa9j>(d>(59(f4759`8_Oke>( a8>O>(9``>b4(9( (95`9Oa9G8559d4(c( g9`858d9d>b(b9O8a9G89b(b_54(>b(d>5(KSwV68>OaG9b(ke>(>O(()4546789(>b(d>5(RSwV(>b(d>`8GV(eO4(d>(̀ 9d9(̀ e9aG4(̀ 4546789QO4b(a4d9i]9(a8>O>(fG475>69b(c9(ke>(ke>d9(>qfe>ba4(9(54b(d>b=>`=4b(4GNMO8̀ 4bJ

,9(b8ae9`8_O(b9O8a9G89(ke>(a>O>64b(9ke](>b(eO9(`59G9(d8g>G>O`89(>OaG>(59b(d4bG>958d9d>bU()4546789(a8>O>(fG475>69b(ke>(G>b45i>G(d8ba8Oa4b(d>bd>((59b(f45]a8Q`9b( fH758`9b( ke>( )=85>( aG9a9( d>( 974Gd9G( >5( d]9( d>( =4cJ( +8( 47b>Gi964b( 59b>5>``84O>b(d>()=85>V(>ba9(>5>``8_O(d>7>(b>G(7eb`9d9(>O(>5((f9b9d4(c(O4(>O(>5fG>b>Oa>V()=85>(O4(>ba9(=9`8>Od4(>ba9b(`4b9b(=4cJ

,9(b8Ne8>Oa>(d89f4b8a8i9(a8>O>(ke>(i>G(`4O(4aG4(>j>6f54(d>(`_64(b>(=9(fG4deQ`8d4(>ba9(aG9Ob8`8_O(>f8d>6845_N8`9V(`4O(59(64Ga958d9d(69a>GO9(c(a4d4(>5(>bQge>G^4(d>(f59O8g8`9`8_O(g968589GJ("O(54b(9n4b(RW(>6f8>^9(a4d4(>5(a>69(d>(54bf9Ga4b(`4O(f>Gb4O95(g4G69d4V(>qf>Ga4V(c(b>(fe>d>(i>G(eO9(d8b68Oe`8_O(6ecfG4OeO`89d9(d>(59(64Ga958d9d(69a>GO9(>O(>5(f>G84d4(ke>(i9(>OaG>(!TXZ(c(>5KWWY(9fG4q869d96>Oa>

"O(59(b8Ne8>Oa>(d89f4b8a8i9(i4c(9(64baG9G(>q9`a96>Oa>(59(68b69(`eGi9(f9G9)=85>(f>G4(i4c(=9`>G(eO9(`46f9G9`8_O(ke>(>b(8Oa>G>b9Oa>J("O(KWWY(a>O>64bf9]b>b( 59a8O496>G8`9O4b(c( ()4546789(>baM( G>b95a9d9V( a8>O>(f9G9( 59(hf8`9( 59fG>i95>O`89(ke>()=85>(a>O]9(>O(9n4b(9Oa>G84G>bJ

)e79V()4ba9(.8`9(c(0GN>Oa8O9(b8>6fG>(4`ef9O(59(d>59Oa>G9(>O(>ba4b(NGMg8`4bJ,4(ke>(fe>d>O(i>G(>O(>5(9n4(KWWY(>O(>5(̀ 9b4(d>()4546789(>b(f9G>`8d4(9()=85>9(g8O>b(d>(54b(RWxb(>O(69a>G89(d>(64Ga958d9d(69a>GO9V(=9c(Oe>i96>Oa>(d8g>QG>O`89b(>O(9bf>`a4b(>f8d>6845_N8`4b(ke>(b4O(86f4Ga9Oa>b(d>(̀ 4Ob8d>G9G(>OaG>

X WX WX WX WX W

9674b(f9]b>bJ(+8(i>64b(59(64Ga958d9d(8Og9Oa85(>O(a4d9(06hG8`9(,9a8O9(>O(eO9n4(>O(>bf>`]g8`4V(>O(KWWZ(a>O>64b(9()=85>(d>ba9`9d4((̀ 4O(RVKw(c(9()4546Q789(`4O(`>G`9(d>(!RwJ

+8(`46f9G964b(`4O(4aG4(NGef4(d>(f9]b>bV(`4O(59('+1V()=85>(9f9G>`>(>O(4aG9f4b8`8_OJ()=85>(fe>d>(a>O>G(58d>G9^N4(>O(06hG8`9(,9a8O9(f>G4(O4(>b(59(f9O9Q`>9V(=9c(ke>(f>Ob9G(>5(6eOd4(>Oa>G4(c(b8(`46f9G964b(`4O(59('+1V(>O(>ba>NGMg8`4V()=85>(>baM(95(g8O95(d>(59(8ObaGe``8_OJ(D9c(eO4b(f9]b>b(`4O(59(64Ga958Qd9d(8Og9Oa85(6Mb(95a9(d>(54b(f9]b>b(d>(59('+1V(`e9Od4(O4b(`46f9G964b(`4O>559(Qc(5>b(64baG9Gh(i9G84b(d>(>ba>(a8f4(d>(NGMg8`4bQ()=85>(b4596>Oa>(>baM(9GG879d>(?hq8`4(4(-eGke]9J(0(O8i>5(,9a8O496>G8`9O4()=85>(a8>O>(7e>O4b(8Od8`9d4G>bf>G4(9(O8i>5(6eOd895(d>g8O8a8i96>Oa>(5>(g95a9(6e`=4(f4G(fG4NG>b9GJ

,9( b8Ne8>Oa>( g8NeG9(6e>baG9( 59( (64Ga958d9d( 8Og9Oa85( c( b8( b>( g8j9O( >O( 59b( d4b`eGi9bV(59(64Ga958d9d(O>4O9a95(=9ba9(KZ(d]9bV(59(64Ga958d9d(f4ba(O9a95(54b(KZd]9b(c(54b(!K(6>b>b(i9O(a4d9b(8Ne95>bJ(+95>(`59G96>Oa>(eO9(`eGi9(=9`89(979j4c(>ba4(b>(>qf58`9(f4G(d8ba8Oa9b(G9^4O>bV(>O(fG86>G(5eN9G(d8b68Oec>O(59b(6e>GQa>b( f4G( b9G96f8_OV( d8b68Oec>O( 59b( 6e>Ga>b( f4G( d89GG>9V( 59b( d>( O>e64O]979j9O(dGMba8`96>Oa>V(O4(d>b9f9G>`>O(d>5(a4d4(59b(6e>Ga>b(f4G(695g4G69`84QO>b(̀ 4ONhO8a9b(d>5(b8ba>69(O>Gi84b4(c(>Og>G6>d9d>b(̀ 4ONhO8a9b(̀ 9Gd84i9b`e59G>bVb8Ne>O(=978>Od4(>ba>(a8f4(d>(6e>Ga>J

+8(47b>Gi964b(>5(b8Ne8>Oa>(G>be6>O(d>(keh(=9(be`>d8d4(`4O( 59(64Ga958d9d8Og9Oa85( >O( )=85>( f4d>64b( i>G( ke>( 59( `9eb9( d>( 6e>Ga>( `9678_V( 9=4G9( 59b`9eb9b(`4ONhO8a9b(b4O(69c4G>b(9(59b(8Og>``84b9b(4(OeaG8`84O95>bJ("ba4(>b(>5G>be5a9d4( fG4NG96Ma8`4( d>( 59( f45]a8`9( d>( 8O6eO8^9`84O>b( 9( >Og>G6>d9d>bfG>i>O875>bV( `4O(9a>O`8_O(c( `e8d9d4b(>bf>`8958^9d4bV( `4O(fG464`8_O(d>( 5959`a9O`89(c(>de`9`8_OV(`4O(69O>j4(d>(>Og>G6>d9d>b(G>bf8G9a4G89bV(`4O(`8GeQN]9b(f9G9(695g4G69`84O>b(`4ONhO8a9b(d>5(`4G9^_OJ

0=4G9(hba9(>b(59(`46f9G9`8_O(>OaG>()=85>(c()4546789J(<9G89b(g8NeG9b(6e>bQaG9O(ke>(b>Ne864b(d>b9GG4554b(b86859G>bV(>b(O4a975>(c(6ec(f4`4(ebe95(ke>(d4bf9]b>b(b>(f9G>^`9O(a9Oa4(>O(be(d>b9GG4554J(0ke](i>64b(59(a9b9(d>(59(64Ga958d9d9Oa>b(d>(54b(S(9n4b(f4G(̀ 9d9(685(O9`8d4b(i8i4bJ("ba9(g8NeG9(6e>baG9O(54b(d9a4bd>bd>(!TYW(9(59(8^ke8>Gd9(=9ba9(>5(KW!W(9(59(d>G>`=9V()4546789(>ba9(>O(595]O>9(G4j9(c(54(ke>(i>64b(>b(ke>(=9c(eO9(G>de``8_O(6ec(ge>Ga>(d>(59(a9b9(d>64Ga958d9d(9Oa>b(d>(54b(S(9n4b(f9G9(54b(d4b(f9]b>bV()4546789(b8Ne>(>ba9Od4eO(f4`4(69b(9GG879(f>G4(59(aG9c>`a4G89(>b(59(68b69J

,9(b8Ne8>Oa>(6e>baG9(59(9`a8i8d9d(O>4O9a95(d>OaG4(d>(54b(KZ(d]9bV(eO9(aG9c>`a4QG89(6ec(f9G>`8d9V(59b(d8g>G>O`89b(b>(i>O(6Mb(NG9Od>b(f4G(59(>b`959(d>5(NGMg8`4f>G4(>b(59(68b69(d8g>G>O`89(ke>(9Oa>bJ()4546789(a8>O>(>5(d475>(d>(6e>Ga>bke>(>O()=85>(f>G4(>5(d475>(d>(6e>Ga>b(>O(>ba4b(`9b4b(b4O(6ec(f4`9bV(b4O`>G`9(d>(!S(6e>Ga>b(f4G(`9d9(685(O8n4b(ke>(O9`>OJ("b(`59G4(ke>()4546789(i9>O(59(d8G>``8_O(`4GG>`a9(c()=85>(a9678hOV(9eOke>(O4(b>(9i9O^9(a9O(GMf8d4J

X !X !X !X !X !

"O(`e9Oa4(9(59(d897>a>b(>OaG>(>5(KWWL(c(>5(KW!W(b>(6e>baG9O(59b(`4b9b(ke>=9`>64b(695(c(ke>(O4(geO`84O9OJ(D9c(eO(646>Oa4(6ec(ge>Ga>V(b>(f9b9(d>YVLw(>O(>5(KWWLV(9(TVXw(>O(>5(KW!WJ([ba>(>b(>5(a8f4(d>(>Og>G6>d9d>b(ke>(O4b>baM(>6f>^9Od4(9g>`a9GV(59b(>Og>G6>d9d>b(O4(aG9b68b875>b(c(`G_O8`9b(=9O(9eQ6>Oa9d4V(f9b964b(d>(RWW(685( f>Gb4O9b( 9(!JK(68554O>b( `4O(d897>a>bJ("O=8f>Ga>Ob8_O(=9c( eO9( 5>i>(6>j4G9( d>5( LRVLw( ( 95( KYVTw(f>G4( 59(f4759`8_O)=85>O9(a8>O>(=8f>Ga>Ob8_OJ(+>(=9O(=>`=4(̀ 96f9n9b(̀ 4OaG9(>5(̀ 4Obe64(>q`>Qb8i4(d>(b95J

&4d>64b(i>G((f4G(b>q4(c(f4G(O8i>5(>de`9`84O95(ke8hO>b(`4Obe6>(6Mb(b95U(54b=467G>b(c(54b(O8i>5>b(b4`84>`4O_68`4b(6Mb(79j4bJ("O(>5(]Od8`>(d>(69b9(6ebQ`e59G( >b(d4Od>(>6f8>^9O(9(9f9G>`>G( 54b(fG475>69b(d>(f9]b>b(ke>(eO4(O4ke8b8>G9(95`9O^9G(OeO`9(V(>5(O8i>5(d>(b47G>(f>b4(>b(>ke8i95>Oa>(95(d>("ba9d4b$O8d4b(c(54b(`96784b(>OaG>(>5(KWWL(c(>5(KW!W(beN8>G>O(ke>(59(b8ae9`8_O(>6Qf>4G9J(D9c(8O>ke8d9d>b(69G`9d9bV(fe>d>O(i>G(59(d8baG87e`8_O(d>(59(47>b8d9df4G(O8i>5>b(>de`9`84O95>bV(59(5]O>9(9^e5(b4O(59b(f>Gb4O9b(d>(O8i>5(b4`84>`4O_68`495a4V(59(5]O>9(G4j9(d>(O8i>5(6>d84(c(59(i>Gd>(d>(79j4J

"O(59(`45e6O9(ke>(d8`>(m]Od8`>(d>(69b9(`4Gf4G95(O4G695mV(59b(f>Gb4O9b(ke>a8>O>O(eO(]Od8`>(O4G695(b4O(f>Gb4O9b(d>(O8i>5(b4`84(>`4O_68`4(95a4J(,4(4fe>bQa4(f9b9(b8(eO4(68G9(59(47>b8d9dV(59(d8baG87e`8_O(>b(6ec(d>b8Ne95V(59b(f>Gb4O9bd>5(O8i>5(b4`84>`4O_68`4(79j4(a8>O>O(>5(LSw(d>(47>b8d9d(68>OaG9b(ke>(b_54(>5!Zw(d>5(O8i>5(b4`84(>`4O_68`4(95a4(fG>b>Oa9(>b>(fG475>69J(-9678hO(>baM(598O9`a8i8d9d(g]b8`9(ke>(>ba9(>baG>`=96>Oa>(G>59`84O9d9V(a>O>64b(eO9(b8ae9`8_Of9G>`8d9(9eOke>(=9c(eO9(5>i>(d8b68Oe`8_O(d>5(ZTJXw(95(ZZJYwV(>O(8O9`a8i8Qd9d(g]b8`9(b>Ne864b(a9O(g54j4b(`464(b8>6fG>J

"O(a979ke8b64(a>O>64b(eO(95^9(aG>6>Od9V(>bf>`8956>Oa>(>O(6ej>G>b(9d45>bQ`>Oa>bJ()=85>(ge>(>5(fG86>G(f9]b(>O(g8G69G(>5(`4Oi>O84(d>("ba9d4b($O8d4b(f>G4O4(54NG_(86f5>6>Oa9G(a4d9b(54b(9`e>Gd4bJ(,9b(6>d8d9b(>de`9`84O95>b(ge>G4O6Mb(ge>Ga>bV(f4G(>j>6f54(f4O>G(>a8ke>a9(>O(59b(`9j9b(d>(54b(`8N9GG8554bJ("ba9b`96f9n9b((7>O>g8`89O(6Mb(9(59b(f>Gb4O9b(`4O(69c4G(>de`9`8_O(f4Gke>(59bd8N8>G>O(6>j4GJ(,4b(86fe>ba4b(O4(b>(be78>G4O(a9Oa4(>O()=85>(>O(`e9Oa4(9(59G>Ne59`8_O(d>(9678>Oa>(587G>(!WWwV((O4(geO`84O_(78>O(c(aei864b(6959b(>qf>QG8>O`89b(f4Gke>(54(fG86>G4(ke>(b>(d>`8d8_(=9`>G(ge>(d>j9G(ke>(59b(f>Gb4O9bge69G9O(>O(9678>Oa>b(b>f9G9d4bJ(0b]V((O4(=e74(`96784b(>O(`e9Oa4(95(a979`4f9b8i4V(b>(=9(d>64baG9d4(ke>(54b(b8ba>69b(d>(>qaG9`a4G>b((O4(geO`84O9O(6ec78>OV(a4d9b(59b(G>`46>Od9`84O>b(!WWw(587G>(d>(=e64(O4(b>(86f5>6>Oa9G4Of4G(fG>b84O>b(d>(d8ba8Oa4b(9`a4G>bJ(+>(f8>Ob9O((86f5>6>Oa9G(>O(a4d4b(54b(>bf9Q`84b( fH758`4b( c( =9( =978d4( G>`=9^4( f4Gke>( d8`>O( ke>( 54b( >bf9`84b( b>( =9O9`4Od8`84O9d4V(c(>baMO(ke>jMOd4b>(f4G(ke>(5>b(`96789O(59(5>c(9(54b(S(9n4b(ca8>O>O(G9^_OV(ge>(eO9(5>c(695(86f5>6>Oa9d9V(O4(59(=8`864b(`4O(a4d9(59(ge>G^9d>bd>(>5(8O8`84J

X KX KX KX KX K

0ke]( 59b( d8g>G>O`89b( b4`84>`4O_68`9b( >O( >5( a979ke8b64( ( c( >5( `4Obe64(d>595`4=45(b4O(8Oa>G>b9Oa>b(f4G(ke>(b>(8Oi8>Ga>O(>O(>5(b>Oa8d4(d>(ke>(59b(f>Gb4O9bd>5(O8i>5(b4`84>`4O_68`4(6Mb(95a4(b4O(59b(ke>(6e>baG9O((69c4G(fG>i95>O`89(d>a979ke8b64(c(>b( 8Oa>G>b9Oa>(f4G(ke>(>b4(6e>baG9(ke>(>O(=9c(eO( a>69(d>9``>b4(9(78>O>b(`4ba4b4bV((=9c(b>Ob87858d9d(=9`89(54b(86fe>ba4b(ke>(a4d9i]9b4O(79j4bJ(?e`=9b(f>Gb4O9b(>6f>^9G4O(9(d>j9G(d>(ge69G(f4G(ke>(O4(fe>d>O9``>d>G(9(54b(`8N9GG8554bV(b8(b>(be7>O(69b(54b(86fe>ba4bV(59b(f>Gb4O9b(d>(6Mb8ONG>b4b(a9678hO(d>j9G]9O(d>(ge69GJ("5(`4Obe64(d>(95`4=45(>b(eO9(G>958d9df9G>`8d9V( a9678hO( a>O>64b( 54b(d9a4b(f4G( b>q4V( a>O>G(d8O>G4(9ced9(69b(95`4Obe64J

"O( `e9Oa4( 9( 59( >bf>G9O^9( d>( i8d9( 95( O9`>GV()=85>( >O( >5( 9n4(KWWZ( >ba97979ba9Oa>(9GG879(>O(̀ 46f9G9`8_O(̀ 4O(,9a8O496hG8`9(f>G4(>O(̀ 46f9G9`8_O(̀ 4O59('+1( 59(>bf>G9O^9(d>(i8d9(O4(>b( a9O(95a9( `464(f9G>`8>G9V( `G>4(ke>(O4>ba964b(>O(54b(H5a864b(9eOke>(a>O>64b(6e`=4(`968O4(f4G(9Od9GJ()4546789>ba9(>O(59(68a9d(9fG4q869d96>Oa>J(,9(>bf>G9O^9(d>(i8d9(95(O9`>G(>O()4546Q789(c(>O()=85>(=9(a>O8d4(aG9c>`a4G89b(d8ba8Oa9bV(>ba9(>b(eO9(Oe>i9(d8g>G>O`8986f4Ga9Oa>V(>ba>(>b(eO(a>GG>O4(f>Gd8d4(>O()4546789(c(f9Ga864b(8Ne95>bJ

)e9Od4(d8N4(>ba9b(`4b9b(6>(d9O(N9O9b(d>(=9`>G(>ba9b(`=9G59bV(=9c(`4b9b(ke>b>(fe>d>O(9GG>N59G(V(b8(68G964b(>O(>5(9n4(d>(!TYW()4546789(c()=85>(>ba979O>O(54b(68b64b(O8i>5>b(d>(>bf>G9O^9(d>(i8d9V(SS(4(SR(9n4b(9fG4q869d96>Oa>c(d>bd>(>b>(646>Oa4(54b(d>b9GG4554b(b4O(d8ba8Oa4bJ()=85>(be7>(6Mb(9`>5>G9d4)4546789(d>7>(G>64Oa9GJ(05N4(ke>(be`>d>(>b(ke>(O4(>b(95`9O^975>(>b>(O8i>5(c>b4b(b>8b(9n4b(d>(d8g>G>O`89(ke>(i>64b(9ke]V(95(g8O95(b4O(b>8b(9n4bV(eO9(7G>`=9ke>(`e>ba9(6e`=4(a8>6f4(`>GG9GJ(D9c(eO9(a9G>9(6ec(86f4Ga9Oa>(f4G(=9`>Gke>(>b(eO(d>b9g]4(d8g]`85(b8O(ded9J

05(`46f9G9G(`4b9b(6Mb(N>O>G95>b(ke>(O4(a8>O>O(ke>(i>G(`4O(>5(b8ba>69(d>b95ed(>O(b](68b64V(a>O>64b(59(f4759`8_O(a4a95V(>b(86f4Ga9Oa>(̀ 4Ob8d>G9G(>ba4ba>69b(a9678hOJ()4546789(>b(eO(f9]b(6e`=]b864(6Mb(NG9Od>(54(ke>(=9`>(59b`4b9b(6Mb(`46f5>j9bV(>b(6>O4b(4f>G9a8i4(c(`G>`>(9(i>54`8d9d(6Mb(GMf8d9J(,9f>Od8>Oa>(d>(59(5]O>9(G4j9(i9(6e`=4(6Mb(=9`89(9GG879()4546789V(68>OaG9b(ke>=9c(eO(>Oi>j>`868>Oa4(6Mb(9`>5>G9d4(f9G9()=85>V(59(5]O>9(9^e5(>6f8>^9(9(d9Gb>eO9(ie>5a9(=9`89(9GG879(79ba9Oa>(fG4OeO`89d9(f9G9()=85>V(>Oi>j>`>64b(c(i9Q64b(6ec(9`>5>G9d4bJ

)4546789(>Oi>j>`>(f>G4(9(eO(G8a64(6Mb(5>Oa4(c(>ba4(>b(7e>O4(f4Gke>(b>(a8>O>59(i>Oa9j9(d>(>ba9G(eO(f9b4(9aGMb(c(b>(fe>d>(i>G(keh(be`>d>(>O(4aG4b(f9]b>b`e9Od4(>Oi>j>`>OJ($O9(d>(59b(̀ 4b9b(ke>(be`>d>(c(ke>(b97>64bV(>b(ke>(>qf54a9>5(N9ba4(>O(b95edV(b8(>5(N9ba4(>b(95a4(>O()4546789(95(d]9(d>(=4cV(=9c(ke>(g8j9Gb>>O(54(ke>(be`>d>GMJ("5(Oe>i4(̀ 4Ob>Ob4(d>("ba9d4b($O8d4b(>b(ke>(>5(dhg8`8a(g8b`95c9(O4(i8>O>(d>5(N9ba4(>O(f>Ob84O>bV(>5( a>69(d>5(>Oi>j>`868>Oa4(>b( 59(NG9Od>69Od9(d>(G>`eGb4b(g8b`95>b(c(O4(i8>O>(f4G(59(>OaG>N9(d>(f>Ob84O>b(b8O4(f4G

X LX LX LX LX L

>5(N9ba4(>O(b95edJ(1eG9Oa>(54b(H5a864b(`e9aG4(9n4b(>b(d4Od>(=9(>ba9d4(59(NG9OfG>b8_O(g8b`95J(05(NG9O(̀ 4Ob>Ob4(d>(E9b=8ONa4O(>O("ba9d4b($O8d4b(b>(5>(45i8d9d>`8G(ke>(>5(a>69(>O(N9ba4(>O(b95ed(d>(59(f4759`8_O(ke>(>baM(>Oi>j>`8>Od4(>b6ec(95a4J

+8(i>64b(>5( ]Od8`>(d>(>Oi>j>`868>Oa4V( 59(`9Oa8d9d(d>(f>Gb4O9b(d>(YS(9n4b9e6>Oa9(6Mb(ke>(59(d>(f>Gb4O9b(>OaG>(!S(c(YXJ("ba4(O4b(55>i9(9(fG>NeOa9GO4b`eMOa4b(je7859d4b(a>O>64bV(`eMOa4b((b4O(f4a>O`895>b(aG979j9d4G>b(ke>(O4(a>OQdG]9O(f4G(keh(aG979j9GJ(,9(̀ 8gG9(ke>(i>64b(95(g8O95((>O()=85>(>b(d>(!X(f>Gb4O9b69c4G>b(f4G(`9d9(`8>O(f>Gb4O9b(ke>(>baMO(>O(>d9d(9`a8i9V(>O()4546789(>5OH6>G4(>b(6Mb(79j4V(>b(!WJ("ba9(>b(eO9(4f4GaeO8d9d(f9G9(>5(d>b9GG4554V(=9ceO9(ge>G^9(5974G95(6Mb(9`a8i9V(=9c(eO(6]O864(d>(8Od>f>Od>O`89(5974G95V(>ba4=9`>(ke>(59b(`4b9b(b>9O(6Mb(79G9a9bV(=9`>G(9Od9G(>O(>5(f9]b(>b(6ec(79G9a4(c>ba4(=9c(ke>(9fG4i>`=9G54J(,4b(`96784b(d>64NGMg8`4b(a8>O>O(eO9(i>Oa9O9(d>4f4GaeO8d9dV(a4d4(>5(6eOd4(b>(=9`>(i8>j4(c(=9c(6>O4b(f>Gb4O9b(j_i>O>b(>O>a9f9(9`a8i9V(6>O4b(G>`eGb4b(c(6Mb(N9ba4b(54(ke>(d8g8`e5a9(a4d4b(54b(`96784bke>(eO4(ke8b8>G9(=9`>GJ

"ba>(NGMg8`4(6>(>O`9Oa9(f4Gke>(>b(6ec(85ebaG9a8i4(95(64baG9G(`_64(=9(`96Q789d4(59(d8baG87e`8_O(>O(a9b9b(d>(64Ga958d9dV(>b(d>`8GV(ke8hO(b>(6e>G>(c(9(keh>d9dJ(+8(a46964b(>5(NGMg8`4(d>(59(8^ke8>Gd9V(>5(9n4(!TWTV(c(i>64b(ke8hO>b(b>6eG8>G4O(c(keh(>d9d>b(a>O]9OV(54(ke>(i>64b(>b(ke>(59(69c4G]9(b>(6e>G>(>OaG>W(c(X(9n4bV(9d>6Mb(i>64b(ke>(>ba>(`454G(NG8b(b8NO8g8`9(ke>(`9b8(a4d4b(6eG8>QG4O(f4G(>Og>G6>d9d>b(8Og>``84b9b(c(6ec(f4`4b(f4G(>Og>G6>d9d>b(O4(aG9Ob68Qb875>bJ(+8( a46964b(>5( 9n4(!TTT(c(=9`>64b( >5(68b64(>j>G`8`84V( `96789( 59=8ba4G89(a4a956>Oa>V(>ba9(79GG9(d>(979j4(d>b9f9G>`>(c(9f9G>`>(9`M(9GG879V(59N>Oa>(>O()=85>(b>(6e>G>((i8>j9V(54b(O8n4b(6e>G>O(6ec(f4`4V(>b(eO9(`4Oke8ba9b4`895(6ec(86f4Ga9Oa>V(a9678hO(eO(d>b9g]4(>O(>5(g4Od4(f4G(54(ke>(5>b(`4Oa979d>5(̀ 4ba4(ke>(a8>O>J

"O(9bf>`a4b(6Mb(N>O>G95>bV()=85>(>baM(79ba9Oa>(95a4(>O(06hG8`9(,9a8O9(>O`e9Oa4(9(&%;(b8(54(`4Oa964b(f>G(`Mf8a9J()4546789(>baM(>O(59(68a9dV(b8(`46f9QG964b(`4O(59('+1(Oe>i96>Oa>()=85>(O4(>b(O8ONeO9(69G9i8559J(+8(i>64b(59>i45e`8_O(d>5(f8( (f>G(`Mf8a9(>O(d_59G>b(9jeba9d4b(95(9n4(KWWSV(i>64b(ke>)=85>(c()4546789(d8i>GN>OJ()=85>(>baM(`>G`9(d>(54b(!Y(685(d_59G>b(f>G(`Mf8a9c()4546789(>baM(`>G`9(d>(54b(Z(685(d_59G>b(f>G(`Mf8a9J(+8(47b>Gi964b(>5(N9ba4a4a95(d>5(N478>GO4V(>ba4(O4(>b(f>G(`Mf8a9V(>ba4(>b(N9ba4(a4a95V()4546789(N9ba96MbJ(*4(=9c(ke>(b4GfG>Od>Gb>(6e`=4V(>b(eO(f9]b(6ec(NG9Od>(c(b>G]9(6ecG9G4(ke>(N9ba9G9O(6>O4bJ

,9(f4759`8_O(GeG95(>b(4aG9(d8g>G>O`89(86f4Ga9Oa>(9(̀ 4Ob8d>G9GV(f4Gke>(59(GeG958d9d>O()=85>(>b(6ec(79j9V(55>N_(fGM`a8`96>Oa>(95(!Ww(>O(>ba9(>i45e`8_OV(68>OaG9bke>()4546789(eO4(d>(`e9aG4(`4546789O4b(i8i>O(>O(eO9(^4O9(GeG95V(>b(eO9d8g>G>O`89(6ec(NG9Od>V(>b4(>qf58`9(59b(d8g>G>O`89b(ke>(=>64b(i8ba4(c(a9678hO=9`>(ke>(a4d9b(59b(>baG9a>N89b(ke>(fG464i964b(a>ON9O(ke>(b>G(d8ba8Oa9bJ

X XX XX XX XX X

+8(`46f9G964b(=468`8d84b(8Oa>GO9`84O95>b(i>64b(NG9Od>b(d8b`G>f9O`89b(>O)=85>(95(8O8`84(d>5(f>G84d4(c(5e>N4(eO9(6>j4G9(79ba9Oa>(beba9O`895(d>()4546Q789V(=9c(eO(fG4NG>b4(`59G4(>O(59(>i45e`8_O(d>()4546789J(+8(i>64b(>5(d>b>6Qf5>4V(9ke](O4b(64i>64b(jeOa4bV(i964b(`4O(>5(i98ihO(d>(59(>`4O46]9(8Oa>GO9Q`84O95J(05NeO9b(`G8b8b(5>(f>N9O(6Mb(ge>Ga>(9()=85>V(`464(59(ke>(i>64b(fG86>QG4(9ke]V( 5e>N4( 59(`G8b8b( 5>(f>N9(6Mb( ge>Ga>(9()4546789J(*e>baG4b(f9]b>bV(9f>b9G(d>(be(d8ba9O`89V(a8>O>O(6e`=9b(`4b9b(f9G>`8d9bJ

o#eh(>baM(be`>d8>Od4(=4cp(0(`4Oa8Oe9`8_O(>5(`4Oa>qa4J()=85>(=9(f9b9d4(d>>Og>G6>d9d>b(8Og>``84b9b(9(>Og>G6>d9d>b(d>(a8f4(O4(aG9Ob68b875>J(,9(>i45eQ`8_O(d>()4546789(>b(79ba9Oa>(f9G>`8d9(f>G4(>O(i9G89b(̀ 4b9b(>baM(95NeO4b(9n4b9aGMb(`4O(G>bf>`a4(9()=85>J(o#eh(>baM(f9b9Od4(=4c(>O()=85>p("5(N9ba4(f>G`Mf8a9(>O(b95ed(>O(d_59G>b(O468O95>b(>b(79ba9Oa>(95a4(`46f9G9d4(`4O(>5(O8i>559a8O496>G8`9O4V(b8(54(`46f9G964b(95(O8i>5(d>(59('+1(>b(79ba9Oa>(79j4V(>b8O`G>]75>(̀ _64(59b(f4b8`84O>b(d>(54b(f9]b>b(b4O(79ba9Oa>(>ba975>b(8Od>f>Od8>OQa>6>Oa>(d>(54(ke>(68G>64bJ(D9c(95N4(8Oa>G>b9Oa>V(59b(NGMg8`9b(O4b(6e>baG9Oke>()4546789(N9ba9(6>O4b(f>G(`Mf8a9(c9(ke>( a8>O>(eO9( aG>6>Od9(fG>b8_Og8b`95J

&e>d>(=97>G(d8ba8Oa4b(g9`a4G>bV(`464(eO9(6>d8`8_O(>GG_O>9(d>(59(9b8NO9`8_Od>5(N9ba4V((59b(aea>59b(O4(>baMO(8O`5e8d9b(9ke]V(>baMO(8O`5e8d9b(̀ 464(4aG4(a8f4(d>N9ba4(ke>(O4(>b(b95edV(f>G4(=9c(4aG4(g9`a4G(ke>(fe>d>(b>G(N9ba4(f>G(`Mf8a9J)=85>(a8>O>(6Mb(f4Gke>(a8>O>(ke>(N9ba9G(6MbV(f>G4(b8(54(68G964b(G>956>Oa>V`4O(54b(G>`eGb4b(ke>(a>O>64b(59(=8ba4G89(fe>d>(̀ 96789GJ("ba>(>b(>5(N9ba4(̀ 464fG4f4G`8_O(d>5(&%;V(59(68b69(=8ba4G89(d>(9Oa>bV()=85>(9f9G>`>(N9ba9Od4(6Mbf>G(`Mf8a9(`464(fG4f4G`8_O(d>5(&%;J(,9(d8ba9O`89(>OaG>()=85>(c()4546789(b>9`=8`9(79ba9Oa>V(c9(O4(>baMO(a9O(d8ba9Oa>b(`464(>O(fG4f4G`8_O(d>5(&%;V()=85>O4(>G9(a9O(N>O>G4b4(`464(f9G>`]9V(a8>O>(6e`=4(6Mb(c(N9ba9(f4`4V()4546789>6f8>^9( 9( be78G( c( b>( >6f8>^9( 9`>G`9G( 9( )=85>J( "5( N9ba4( fH758`4( d>( )=85>`46f9G9d4( `4O( >5('+1(Oe>i96>Oa>( >b(6ec(79j4V()=85>( >O( ahG68O4b(f>G`Mf8a9(`46f9G9d4(`4O(06hG8`9(,9a8O9(N9ba9(79ba9Oa>((f>G4(O4(N9ba9(6e`=4b8(54(`46f9G964b(`4O(54b(f9]b>b(d>(59(')1"J

F(9ke](>ba9(59(NG9O(d8g>G>O`89(>OaG>()4546789(c()=85>V(>ba4(6e>baG9(59(d>bQ`46f4b8`8_O(d>5(N9ba4(`464(f4G`>Oa9j>(d>5(&%;(>OaG>(fH758`4(c(fG8i9d4V()4Q546789(>baM(`59G96>Oa>(6Mb(9GG879V(>5(N9ba4(fe758`4(d>()4546789(`464(fG4Qf4G`8_O(d>5(&%;(>b(95a]b864(`46f9G9d4(`4O(>5()=85>O4J("5(N9ba4(fG8i9d4(>b69b(79j4(f>G4(>5(N9ba4(fH758`4(>b(6ec(95a4V(>b(d>`8GV(>5("ba9d4(a8>O>(eO9(NG9OfG>b8_O(f9G9(g8O9O`89G(>5(b8ba>69(d>(b95ed(c(>ba4(54(6e>baG9(59(d>b`46f4b8`8_Od>5(N9ba4(>O(b95edV((59(5]O>9(9GG879(ke8>G>(d>`8G(69b("ba9d4V(59(5]O>9(6Mb(979j4ke8>G>(d>`8G(ke>(b4O(54b(8Od8i8de4bJ()4546789(9f9G>`>(9GG879V(>ba4(O4b(6e>bQaG9(>5(N9ba4(̀ 464(f4G`>Oa9j>(d>5(N9ba4(a4a95(d>5(N478>GO4V(>b(̀ 464(eO(8Od8`9d4Gd>(`eMO(`46fG46>a8d4(>ba9(>5(N478>GO4(>O(>5(MG>9(d>(59(b95edJ("5(N478>GO4a8>O>(`8>Ga9(`9Oa8d9d(d>(g4Od4b(c(54b(fe>d>(N9ba9G(>O(68O>G]9V(>O(fG4NG969b

X SX SX SX SX S

b4`895>bV(>O(>de`9`8_OV(c(b>(`46fG46>a>(`4O(95NeO9b(`4b9b(c(4aG9b(O4V(>ba4O4b( 8Od8`9(`eMO(`46fG46>a8d4(>ba9(`4O( 59(b95edV(c(>O()4546789(>baM(6Mb`46fG46>a8d4(ke>(>O()=85>V(i45eOa9G896>Oa>(4(8Oi45eOa9G896>Oa>(O4(54(fe>d4d>`8G( 9( f9Ga8G( d>( >ba9( g8NeG9(f>G4( `59G96>Oa>( >ba9( >bg4G^MOd4b>(6MbV( >baM>OaG>N9Od4(6Mb(d>(54(ke>(a8>O>(>O(95(M678a4(d>(b95ed(ke>(>O()=85>J

"b9(>b(59(`46f9G9`8_O(d>5(N9ba4V(9=4G9(i45i964b(95(a>69(d>(54b(a>GG>64a4bJ-ei864b(eO4( aG>6>Od4(>O(>5(9n4(KW!W(c(9HO(>ba964b(>O(eO(fG4`>b4(d>G>`4ObaGe``8_OJ(0ke](fe>d>O(i>G(54b(a>GG>64a4b(6Mb(95a4b(d>5(6eOd4V()=85>>baM(>O(59(b>qa9(f4b8`8_O(d>5(6eOd4V(ge>(eO(a>GG>64a4(6ec(ge>Ga>(>O(59(>b`959ZVZV(>5(6Mb(ge>Ga>(ge>(>O()=85>(>O(9n4b(9Oa>G84G>b(c(9b](`464(5>b(`4Oa979V(d848O8`84(9(eO(b8ba>69(O9`84O95(d>(b95edJ(*4(=9(=978d4(eO(d>b>O59`>(_fa864(`4OG>bf>`a4(95(a>GG>64a4(f>G4(=9c(eO(>bge>G^4(d>(b95ed(fH758`9J(,9(G>`4ObaGe``8_O>b(b>`a4G895(d>V(=e74(ke>(G>`4ObaGe8G(=4bf8a95>bV(i8i8>Od9bV(=9c(6e`=9b(f>Gb4QO9b(ke>( a4d9i]9(O4( a8>O>O(`9b9bJ("ba>(>b(eO(>j>6f54(d>64NGMg8`4V(=9c(eOfe>754(ke>(b>(55969()4Oba8ae`8_OV(>ba9(>b(9Oa>b(d>5(a>GG>64a4V(̀ e9Od4(55>N9(>5abeO968V(9GG9b9(`4O(a4d4J("ba9(>b(59(68b69(`8ed9d(d>bfehb(d>5(a>GG>64a4J

&9G9(54(d>b9baG4b4(ke>(ge>(>5(a>GG>64a4(59b(6e>Ga>b(ge>G4O(6ec(79j9bV(RWWf>Gb4O9b(9fG4q869d96>Oa>(>O(a4d4(eO(f9]bJ()4O(>ba9(b8ae9`8_OV(KWWW(685f>Gb4O9b(>O(b_54(>ba>(5eN9G(ke>(O4(a8>O>O(O8ONeO9(̀ 9b9V(O4(a8>O>O(9(d4Od>(8GV>5(N478>GO4(a8>O>(ke>(>6f>^9G(9(f>Ob9G(keh(=9`>GV(O4(a8>O>O(9a>O`8_O(d>(b95edJ&8>Ob>O(>O(>5(>baGhb(f4ba(aG9e6Ma8`4J(D9c(eO9(8Oc>``8_O(6ec(NG9Od>(d>(N9ba4d>(>O>GN]9V(d>(>bge>G^4(ke>(O4(b>(G>g5>j9(>O(54b(N9ba4b(b>`a4G895>b(f4Gke>(=9cg4Od4b(d8b`G>`84O95>b(d>5(fG>b8d>Oa>(f>G4(=9c(G>`4ObaGe``8_OV(=9c(6Mb(586f8>Q^9V(f>G4(54(ke>(b>(8Oa>Oa9(>b(G>e78`9G(9(a4d9(59(`46eO8d9d(>O(4aG4(5eN9GV(`4b9ke>(>b(eO(fG4c>`a4(6ec(d8g]`85V(f4Gke>(59(N>Oa>(a8>O>(=8ba4G89V(a8>O>(Gea8O9J

'aG4(a>69(86f4Ga9Oa>(>O()=85>V(>b(>5(>Oi>j>`868>Oa4(ke>(c9(54(=>64b(>qf54G9Qd4(>O(9bf>`a4b(d>64NGMg8`4bV(f>G4(9=4G9(ke8>G4(`4OaMGb>54b(`464(f45]a8`99`ae95J(,>b(d>`]9(ke>()=85>(>baM(>Oi>j>`8>Od4(6Mb(GMf8d4(ke>(>O()4546789J,4(ke>(i>O(eba>d>b(>O(>5(NGMg8`4(d>(59(8^ke8>Gd9(>b(ke>(i9(9(i>G(eO(feOa4(d>8Og5>q8_O(>O(>5(ke>(54b(O8n4b(i9O(9(55>N9G(9(b>G(6>O4b(ke>(59b(f>Gb4O9b(69c4QG>bJ("O(>ba>(NGMg8`4(eba>d>b(a8>O>O(eO9(5]O>9(feOa>9d9(ke>(i9(79j9Od4V(>b9(>b59(fG4f4G`8_O(d>(O8n4b(>O(59(f4759`8_OV(=4c(d]9(b4O(>5(XWw(d>(59(f4759`8_Of>G4(>5(9n4(KWKS(i9O(9(55>N9G(=9`>G(>5(KWwJ

"O(59(5]O>9(`4Oa8Oe9(i>O(59(d>(f>Gb4O9b(69c4G>b(ke>(i9(be78>Od4(c(b>(i9O(9`Ge^9GJ("O(>5(9n4(KWKSV(i9O(9(a>O>G(69b(f>Gb4O9b(69c4G>b(ke>(O8n4bV(>b9(>b59(G>958d9d(ke>(a>O>64b(c(>ba9b(fG4c>``84O>b(b>(fe>d>O(=9`>GJ("5(9n4(KWKS(b>d8bf9G9(>5(OH6>G4(d>(f>Gb4O9b((69c4G>b(d>(ZW(9n4bV(ke8a4(59(>i45e`8_O(d>f>Gb4O9b(d>(d8ba8Oa9b(>d9d>bV(a4d9b(`G>`>OV(95NeO9b(6Mb(GMf8d4(c(4aG9b(6Mb5>Oa4V(f>G4(>O(>ba>(9n4(54b(69c4G>b(d>(ZW(c(6Mb(b>(d8bf9G9GMOJ

X YX YX YX YX Y

"ba4(b>(55969(>5(>Oi>j>`868>Oa4(4(i>j>^(>(86f58`9(d>b9g]4b(N8N9Oa>b`4b(f9G9(>5b8ba>69(d>(b95ed(c(f9G9(59(b4`8>d9d(>O(N>O>G95(a9678hOV(d>b9g]4b(N8N9Oa>b`4bf4G(ke>(59(d>f>Od>O`89(geO`84O95V(>5(G8>bN4(d>(d>f>Od>O`89V(b>(d8bf9G9(9(>b9>d9dJ("b(6ec(d8g]`85(b>G(eO9(f>Gb4O9(9ea4Qi958>Oa>(9(54b(ZW(9n4bV(=4c(d]9(>O)=85>(59(d>f>Od>O`89(>b(9fG4q869d96>Oa>(d>5(KKw(V`4O(eO(`G8a>G84(6Mb(78>O59q4(f4dG]9(f9b9G(95(LWw(>O(eO(f>G84d4(d>(!W(9n4bJ

%69N]O>Ob>(a4d4(>b4V(f8>Ob>O(>O(eO9(b4`8>d9d(̀ 464(AG9O`89(f4G(>j>6f54V(ke>a8>O>(>5(f59O(05^=>86>GV(eO(f59O(d>(b95ed(ke>(a8>O>(eO9(8Oi>Gb8_O(N8N9Oa>b`9>O(8Oi>ba8N9`8_OV(>O(>OaG>N9(d>(dG4N9bV(>O(>5(=4N9GV(9f4c4(9(59b(f>Gb4O9bV(>beO9(G>958d9d(`4O(Oe>i4b((fG475>69bJ()=85>(54(ke>(=9`>(9`ae956>Oa>(>b(9Oa8`8Qf9Gb>(9(>ba>(fG475>69(f4G(ke>(a4d9i]9(O4(>b(a9O(NG9Od>l(>Oi>j>`>64b(GMf8d4f>G4( 54b( 9de5a4b(69c4G>b( b4O( a4d9i]9( eO( NGef4(68O4G8a9G84V( >b( d>`8GV( =4ca>O>64b(6Mb(O8n4b(ke>(f>Gb4O9b(69c4G>bJ(&>G4(̀ 464(b97>64b(ke>(>ba>(̀ 96Q784(i8>O>V(O4b(9Oa8`8f964b(c(N>O>G964b(eO9(f45]a8`9(8Oa>NG95(d>(>Oi>j>`868>OQa4(f4b8a8i4(f9G9()=85>(ke>(fG4f4O>(eO9(Oe>i9(g4G69(d>(974Gd9G(>ba>(g>O_6>QO4(d>64NGMg8`4J

<>64b(eO9(G>bfe>ba9(9(O8i>5(f9]b(c(4aG9(9(O8i>5(d>(54b(8Od8i8de4bV(9(O8i>5(f9]b54(ke>(>ba964b(=9`8>Od4(>b(>OgG>Oa9G( 54b(d>b9g]4b(d>64NGMg8`4b(`4O(hq8a4Va>O>64b(f4G(d>59Oa>(eO(fG475>69(c(54(i964b(9(aG9Obg4G69G(>O(eO9(4f4GaeO8Qd9dV(O4(i964b(9(>bf>G9G(9(a>O>G(eO(fG475>69V(O4b(i964b(9Oa8`8f9G(c(i>G(kehf4d>64b(=9`>G( b8( b97>64b(ke>(>5( G8>bN4(9e6>Oa9V( G>b45i>G(keh(f4d>64b=9`>G(f9G9(ke>(59(N>Oa>(O4(>OaG>(>O(d>f>Od>O`89(c(b>(69Oa>ON9(9ea4beg8`8>Oa>`4O(59(69c4G(9ea4G8d9d(f4b875>J

0(O8i>5(8Od8i8de95(54(ke>(=9`>64b(>b(f>Ob9G(eO(geaeG4(>O(>5(ke>(59b(f>Gb4O9b69c4G>b(fe>d>O(b>G(b95ed975>b(f4G(>5(69c4G(a8>6f4(f4b875>(c(>bahO(8Oa>NG9d9bb4`8956>Oa>J(D9c(a4d4(eO(a>69(d>(8Oa>NG9`8_OV(>b(86f4Ga9Oa>(`4ObaGe8G(eO9b4`8>d9d((f9G9(a4d4bV(O4(b_54(f9G9(54b(O8n4b(O8(b454((f9G9(59b(f>Gb4O9b(69c4QG>bV(eO9(b4`8>d9d(ke>(8Oa>NG>(a4d9b(59b(>d9d>b(c(ke>(a4d4b(b>9O(g>58`>bV(a4d9(59O4`8_O(d>(78>O>ba9G(be7j>a8i9J()4546789(>b(eO(f9]b(g>58^V(ke8^M(b>(fG>4`ef96>O4b(f4G(>5(a>69V(>O()=85>(`4Ob8d>G964b(i9G8975>b(6Mb(759Od9bV(O4(b454i9G8975>b(`464(59(d>f>Od>O`89(geO`84O95(4(`4b9b(g]b8`9bV(b8O4(a9678hO(78>O>bQa9G(beN>G8d4(c(59(8d>9(>b(95`9O^9G(eO9(f45]a8`9(`4O`_O((9``84O>b(d>5("ba9d4Vke>(b>9(8Oa>NG95V(ke>(O4(b>9(b4596>Oa>(b95edV(O4(a4d4(fe>d>(b>G(b95edJ

,9b(8Oi>Gb84O>b(O4(b8>6fG>(b>(=9`>O(d>bd>(>5(b>`a4G(b95edV(>b(86f4Ga9Oa>(>ba968G9d9(8Oa>GQb>`a4G895(ke>(7eb`9(`44Gd8O9G(b>Gi8`84(c(`45974G9`8_O(`4O(4aG4b9`a4G>b(d>( 59(b4`8>d9d(`8i85V( geOd9`84O>b(>O(>5( g4Od4(ke>(=9`>O(eO(aG979j479ba9Oa>(86f4Ga9Oa>J(D4c(d]9(f4G(>j>6f54V(59(>OaG>N9(d>(f>Gb4O9b(9(69c4G>bd>f>Od8>Oa>b(59(68a9d(d>5("ba9d4(c(59(4aG9(68a9d(d>(geOd9`84O>bV(64Oj9bV(c(>b>G45(O4(b>(fe>d>(d>b`4O4`>GJ()9d9(eO4(d>(54b(O467G>b(d>(>ba9b(f45]a8`9b(a8>O>eO(b>Oa8d4V(eO9(f45]a8`9(d>(>Oi>j>`868>Oa4(>b(59(ke>(9N4a9(eO(fG4`>b4(784NGMQ

X RX RX RX RX R

g8`4(d>(59b(f>Gb4O9b(ke>(f9Ga>(d>bd>(>5(O9`868>Oa4(c(eO(fG4`>b4(b4`895(d>`96784(d>(59(>baGe`aeG9(d>64NGMg8`9(d>5(f9]bV(eO(̀ 96784(=8ba_G8`4(c(eO(fG4`>Qb4(d8OM68`4(d>(g4Od4J

"b(86f4Ga9Oa>(>Og9a8^9G(ke>(O4(b4O(f45]a8`9b(b454(f9G9(54b(9de5a4b(69c4G>bb8O4(i9O(9(7>O>g8`89G(9(a4d4b(c(=9c(d>a>G68O9Oa>b(a>6fG9O4bV(eO4(9(54b(YS9n4b(55>N_(9(54(6>j4G(d>(59(i8d9V(=9`>G(>j>G`8`84(c(9(`46>G(78>O(9ced9(f>G4=e74(a9Oa9b(4f4GaeO8d9d>b(ke>(c9(b>(`>GG9G4O(ke>(d>7>(>OaG9G(59(f45]a8`9(d>>Oi>j>`868>Oa4(f4b8a8i9(ke>(7eb`9(`G>9G(eO(geaeG4(d>b>975>J

,9(8d>9(d>(ke>(=9c(eO(fG475>69(95(`e95(b>(5>(d>7>(7eb`9G(b45e`8_O(b>(d>7>G>i>Ga8GV(O4(b4596>Oa>(b>(d>7>(f>Ob9G(>O(54b(fG475>69bV(=9c(ke>(f>Ob9G(>O(59b4f4GaeO8d9d>bV(>Oa4O`>b(>O(>5(M678a4(g>58`8d9d(f4G(>j>6f54V((b8(>baed8964b(54bf9]b>b(d>b9GG4559d4b(i>64b(59(8ObaGe``8_O(d>(59(g>58`8d9dV(ke>(a8>O>(g4G69(d>$V(4(b>9(54b(j_i>O>b(b4O(79ba9Oa>(g>58`>b(c(O4(a8>O>O(O8ONeO9(G>bf4Ob97858d9dV`46fG9O(a4d4(Oe>i4V(>a`J

,9(i8d9(>6f8>^9(9(55>O9Gb>(d>(G>bf4Ob97858d9dV(b>(a8>O>O(=8j4bV(ke>(`G>`>O(cfG>b>Oa9O(fG475>69bV(=9c(̀ 4b9b(d8g]`85>b(jeba4(̀ e9Od4(b4O(9d45>b`>Oa>b(c(9d>Q6Mb(eO4(>baM(f9N9Od4(59(`9b9J(&e>d>O(fG>b>Oa9Gb>(`G8b8b(b8`45_N8`9b(95(68G9G>O(f>Gbf>`a8i9(59(i8d9(c(d9Gb>(`e>Oa9(d>(ke>(=9c(`4b9b(ke>(b>(=8`8>G4O(695Vf>G4(d>bfehb(eO9(f>Gb4O9(b>(aG9Oke858^9(`4O(>b9b(`4b9b(c(d8`>(m59(i8d9(>bf9G9( d8bgGea9Gm( c( >6f8>^9( 9( >Og4`9Gb>( >O( 59b( `4b9b( 7e>O9bJ( "O( 54b( f9]b>bd>b9GG4559d4bV(54b(9de5a4b(69c4G>b(b4O(a9Oa4(4(6Mb(g>58`>b(ke>(54b(j_i>O>bV(54ke>(>b(79ba9Oa>(8Oa>G>b9Oa>V()=85>(O4(>b(9b](a4d9i]9V(>O()=85>(i9(979j4(59(`4b9c(>b4(b>(fe>d>(G>i>Ga8GV(54(b97>64b(f4Gke>(=9c(6e`=4b(f9]b>b(ke>(54(=8`8>G4OV>Oa4O`>b(9ke](=9c(eO9(4f4GaeO8d9d(d>(=9`>G(59b(f45]a8`9b(d>(a95(69O>G9(ke>`4OaG87ec9O(95(78>O>ba9G(be7j>a8i4(d>(59b(f>Gb4O9bV(eO9(f45]a8`9(f9G9()=85>(cO4(f9G9(eO(NGef4(>bf>`8g8`4(f4Gke>(7eb`9(eO(86f9`a4(f4b8a8i4(f9G9(a4d9b(59bf>Gb4O9bJ

,>b(>ba4c(64baG9Od4(̀ _64(b>(̀ 4ObaGec>(>b4(̀ 4O(>j>6f54b(7e>O4b(d>(f45]a8`9bG>59`84O9d9b(`4O(>5(M678a4(d>(59(b95edJ(0ke](>5(68O8ba>G84(d>(b95ed(>b(eO4(d>54b(fG8O`8f95>b(9`a4G>b(47i896>Oa>V(f9G9(6>j4G9G( 59( b95edV( b>(fG>f9G9O(ZW9``84O>b(fG4fe>ba9b(f4G(59b(68b69b(f>Gb4O9b(69c4G>bV(59b(geOd9`84O>bV(54b9`9dh68`4bV(>O(fG4`>b4b(f9Ga8`8f9a8i4bV(a8>O>O(d8g>G>Oa>b(69G`4b(a>6f4G95>bc(9b8NO9`84O>b(d>(fG>befe>ba4V(b>(f4O>O(6>a9b(6>d875>b(>O(>5(g4Od4(f9G9f4d>G(64O8a4G>9G(>5(fG4NG>b4V(>Oa4O`>b(eO4(a8>O>(OH6>G4b(̀ 59G4b(f9G9(95`9OQ^9G(>5(fG_q864(9n4V(>O(d4b(9n4b(6Mb(c(>ba4(>b(7e>O4(f4Gke>(d9(aG9Obf9G>O`89c(f>G68a>(ke>(>5(fH758`4(>q8j9(̀ e6f5868>Oa4(c(ke>(ke8>O(O4(=8^4(59b(̀ 4b9b(78>Oa>ON9(ke>(G>bf4Od>GJ

,4b(47j>a8i4b(N>O>G95>b(7eb`9O(>O(fG86>G(5eN9G(fG4a>N>G(59(b95ed(geO`84O95Vke>(59b(f>Gb4O9b(b>(69Oa>ON9O(9ea4i95>Oa>b(f4G(59(69c4G(̀ 9Oa8d9d(d>(a8>6f4

X ZX ZX ZX ZX Z

f4b875>V(G>aG9b9G(59(>Og>G6>d9d(6Mb(geO`84O95V(f9G9(ke>(59b(f>Gb4O9b(fe>d9O`968O9GV(be78G(>b`95>G9bV(8Oa>G9`ae9G(`4O(be(6>d84(9678>Oa>(b8O(9ced9(c(>b4b8NO8g8`9(6>j4G9G(59b(`9f9`8d9d>b(`4Gf4G95>b(d>(59b(f>Gb4O9b(f>G4(a9678hO(59bf4b87858d9d>b(d>(59(`8ed9dU(b8(95Ne8>O(a8>O>(d8g8`e5a9d>b(f9G9(`968O9G(=9c(ke>fG>4`ef9Gb>(f4Gke>( 59b(i>G>d9b(>bahO(b8O(=4c4b(O4(b4596>Oa>(f4Gke>(>b9f>Gb4O9(i9c9(95(N86O9b84V(=9c(d8ba8Oa9b(g4G69b(d>(974Gd9G(>5(fG475>69J

"5(b>NeOd4(47j>a8i4(a8>O>(ke>(i>G(̀ 4O(6>j4G9G(59(8Oa>NG9`8_O(c(59(f9Ga8`8f9`8_Od>(59b(f>Gb4O9b(69c4G>b(97G8>Od4(>bf9`84b(d>(8Oa>G9``8_O(N>O>G9`84O95V(>ba4b>(=9`>(`4O(59(b8Ne8>Oa>(5_N8`9U(b8(eba>d>b(a469O(`e95ke8>G(47j>a8i4V(`464(>59eN>(d>(59(g>58`8d9d(d>(f>Gb4O9b(69c4G>bV(d>7>(47b>Gi9Gb>(>O(a4d9b(59b(>a9f9bd>(59b(f45]a8`9b(f4Gke>(eO4(f4dG]9(f>Ob9G(>5(86f9`a4V(>5(>bf>G9G(b8(59(9``8_OgeO`84O9(4(O4V(b8(=8`8>G4O(9( 59b(f>Gb4O9b(6Mb( g>58`>b(4(O4V(b8( be78>G4O( 59bf>Ob84O>bJ(-4d4(>b4(b>(fe>d>(>baed89G(>O(>5(g4Od4V(f4Gke>(eO4(fe>d>(be78G(59bf>Ob84O>b(d>(g4G69(95>9a4G89(`464(>qf>G86>Oa4(f9G9(i>G(eO(>g>`a4(`9eb95J

,9(g>58`8d9d(=4c(d]9(b>(fe>d>(6>d8G(̀ 4O(̀ 8>Ga4b(G45>bV(f>G4(b8(eO4(>ba9(f>Ob9OQd4(b4596>Oa>(>O(>5(G>be5a9d4(c(O4(>O(>5(fG4`>b4V(59b(`4b9b(6e`=9b(i>`>b(O4geO`84O9O(78>OV(f>Ob>64b(>O(>5(M678a4(d>(b95ed(f4G(>j>6f54V(i864b(ke>()=85>a8>O>(7e>O4b(M678a4b(d>(b95ed(9(O8i>5(59a8O496>G8`9O4V(f>G4(>O(>5(68b64(O8i>559a8O496>G8`9O4(>b(eO4(d>( 54b(f9]b>b(6Mb( 8Ob9a8bg>`=4b(`4O(be(b8ba>69(d>b95ed(c(>b4(a8>O>(ke>(i>G(>O(NG9O(6>d8d9(`4O(59(g4G69(>O(ke>( 59(b95ed(b>>OaG>N9(>O(59(86f5>6>Oa9`8_OV(fe>bV(b>9(4(O4(eO(695(̀ 4Obe5a4GV(59(N>Oa>(a>(aG9a9695V( =9c( 9a>O`8_O( >O( `4Obe5a4G84( 9( 59b( Y( d>( 59( 69n9O9( >O( 59( `955>( c( eO9`9Oa8d9d(d>(fG475>69b(ke>(95(g8O95(=9`>O(ke>(59(N>Oa>(G>`879(eO9(9a>O`8_O(d>b95ed(f>G4(O4(6e>baG9(ke>(ae(f>Gb4O95(=9`>(4aG4(a8f4(d>(̀ 4b9bV(ke>(59(N>Oa>(95g8O95(O4(>baM(`4Oa>Oa9(c(9=](b>(>baM(f>Gd8>Od4(>5(47j>a8i4(>O(>5(g4Od4V(=9c(eOfG4`>b4(ke>(b8(O4(b>(=9`>(78>OV(O4(f>G68a>(`e6f58G(>5(47j>a8i4(f>G4(O4(>b(a9O8ObaGe6>Oa95J

D9c(95N4(>O(>5(fG4`>b4(ke>( b>( 55969( 59(9`a8i8d9d(fG4`>d86>Oa95V( >b(d>`8GVa>O>64b(ke>(=9`>G(59b(̀ 4b9b(d>(̀ 8>Ga9(69O>G9(f9G9(ke>(N>O>G>O(7>O>g8`84b(>O>5(fG4`>b4(68b64V(O4(>O(>5(G>be5a9d4(g8O95J(D9c(ke>(d89NO4ba8`9G(f>Ob9Od4f4G(>j>6f54(b8(a>O>64b(ke>(fG84G8^9G(ke8>O>b(b4O(59b(f>Gb4O9b(̀ 4O(f>4G(b95ed4(`e95>b(b4O(59b(>Og>G6>d9d>b(6Mb(fG>i95>Oa>b(f9G9(g4G6e59G(59b(f45]a8`9b(cjeba8g8`9G59bV(a469G(`8>Ga9(f45]a8`9(f4Gke>(>O(95NHO(NGef4(59(8O`8d>O`89(>O(59>Og>G6>d9d(9e6>Oa_(d>bfehb(=9c(ke>(86f5>6>Oa9GV(=9c(ke>(Ne89G(59b(f45]a8Q`9b(c(>i95e9G(c(>ba869G(be(86f9`a4J

$O(>j>6f54(`4O`G>a4(d>(`_64(b>(9f58`9(>ba9(f45]a8`9(95(M678a4(d>(b95ed(>b(eOb8ba>69(8Oa>NG95(f9G9(f>Gb4O9b(69c4G>b(ke>(7Mb8`96>Oa>(7eb`9(fG464i>G(599ea4i95>O`89(c(fG>i>O`8_O(d>(59(d>f>Od>O`89V(>Oa4O`>b(=9c(ke>(a469G(6Mb(46>O4b(54(ke>(>q8ba>(=4cV(54b(47j>a8i4b(ke>(>baMO(d>bd>(>5(M678a4(d>(b95ed(c(i>G`_64(>ba4b(47j>a8i4b(fe>d>O(`4OaG87e8G(f9G9(`G>9G(eO(64d>54(d>(9a>O`8_O

X TX TX TX TX T

8Oa>NG95(>O`97>^9d4(f4G(>5(68O8ba>G84V(ke>(>b(7Mb8`96>Oa>(Ne89G(9(59b(f>Gb4O9bf4G(d4b(f59O>bU(4f`8_O(d>(G>=97858a9`8_O(`e9Od4(a8>O>O(95NeO9(d8b`9f9`8d9dd>(59(`e95(a8>O>(ke>(G>`ef>G9Gb>(4(eO(f59O(d>(d>6>O`89(ke>(a8>O>(ke>(i>G`e9Od4(=9c(95NHO(a8f4(d>(G8>bN4(`4NO8a8i4J("ba4b(d4b(f59O>b( 8Oa>G9`aH9O(cfe>d>O(>ba9G(`Ge^9d4bV( 59( 8d>9(>b(d>i45i>G(9( 59b(f>Gb4O9b(95(feOa4( 8O8`895V>ba86e59d9bV(9ea4i95>Oa>b(>(8Od>f>Od8>Oa>bJ

"ba9b(f45]a8`9b(b>(f>Ob9G4O(>O(eO(̀ 4Oa>qa4(d>(>Oi>j>`868>Oa4(d>64NGMg8`4(ke>b>(f>Ob979(`464(eO(fG4`>b4(=464NhO>4V(>ba4(=9c(ke>(9O958^9G54(9ke](>O)4546789V(`G>4(ke>(>ba>(>b(eO4(d>( 54b(9`8>Ga4b(ke>( a>O>64b(>O()=85>V( b>f8>Ob9O(59b(`4b9b(>O(fG46>d84(f>G4(O4(=9c(ke>(b>G(eO(N>O84(f9G9(b97>G(ke>>O(59(i8d9(O4(=9c(fG46>d84V(b8O4(f>Gb4O9b(d8ba8Oa9b(f>Gb4O9bJ

1>bd>(!TRS(=9ba9(>5(KWSW(59(f8GM68d>(d>(f4759`8_O((`=85>O9(b>(i9(=9`8>Od4G>`a9ONe59GV(>b(d>`8G(a>O>64b(f4`9b(f>Gb4O9b(69c4G>b(6e`=9b(f>Gb4O9b(j_i>QO>b( 95( 8O8`84( c( 95( g8O95( a>O>64b( a9Oa9b(f>Gb4O9b( (69c4G>b( `464(f>Gb4O9bj_i>O>bV(9=4G9V(b8(68G964b(9()=85>(>O(eO(646>Oa4(d>5(a8>6f4(`464(>5(9n4KWWT(c(b>f9G964b(f4G(>d9d>b(f4G(8ONG>b4(a>O>64b(>5(ke8Oa]O(!(ke>(>b(d>6>O4b(8ONG>b4(c(>5(ke8Oa]O(S(ke>(>b(d>(6>O4b(8ONG>b4b(c(=9c(eO(646>Oa4(>O>5(a8>6f4(>O(ke>(>5(ke8Oa]O(d>(6>O4b(8ONG>b4(b>(f9G>`>(79ba9Oa>(95(d>(!TRS(4b>9(59b(f>Gb4O9b(O4(>baMO(55>N9Od4(9(59(i>j>^V(>baMO(6eG8>Od4(9Oa>bl(>5(ke8Oa]Oke>(N9ba9(6Mb(8ONG>b4(>baM(6e`=4(6Mb(9i9O^9d9(59(aG9Ob8`8_O(d>64NGMg8`9b>(f9G>`>(6Mb(95(KWKS(>Oa4O`>b(>ba>(a8f4(d>(`4Ob8d>G9`84O>b(b4O(geOd96>OQa95>b(f4Gke>(>5(fG46>d84(>b`4Od>(6e`=9b(`4b9bV(6e`=9(i9G897858d9d(86f4GQa9Oa>(f9G9( 59( `e95( =9c( d8ba8Oa4b( a8f4b( d>(f45]a8`9b( c( a>69b(f9G95>54b( `4649e6>Oa9G( 59b( >qf>`a9a8i9b( d>( i8d9( c( G>de`8G( 8O>ke8d9d>b( 86f4Ga9Oa>b( ke>Oe>i96>Oa>(ke8>G4(64baG9GJ

o&4G(keh(>baMO(86f4Ga9Oa>(>5(a>69(d>5(>Oi>j>`868>Oa4p(eba>d>b(fe>d>O(a>O>GG9^4O>b(g854b_g8`9b(f4Gke>(a4d4b(i964b(9(55>N9G(9(b>G(i8>j4b(c(=9c(ke>(9Oa8`8Qf9Gb>V(f>G4(b8O(ded9(59(G9^_O(ke>(64a8i9(9(54b(f45]a8`4b(f9G9(6>a>Gb>(>O(>5a>69(>b(f4Gke>(>5(N9ba4(>b(>O4G6>(c(b>(6e5a8f58`9GMV(fe>d>(9O958^9Gb>(>ONG9Od>b(M678a4b(̀ 464(>5(aG979j4(69O>j9d4V(f4G(>5(?8O8ba>G84(d>5(-G979j4(c(d>&G4a>``8_O(+4`895(ke>(8O`5ec>(59b(f>Ob84O>b(c(>5(M678a4(d>(59(b95edJ

"O()=85>(>ba964b(N9ba9Od4(6e`=4(>O(f>Ob84O>b(f4Gke>( 59b(fG8i9a8^964bVf>G4(>ba4(O4(b>GM(b8>6fG>(9b]V(>5(N9ba4(i9(9(8G(f9b9Od4(f9G9(b95edJ(05(fG8O`8f84eO4(fG8i9a8^9(c(=9c(6e`=9(N>Oa>(ke>(`4OaG87ec>(95(b8ba>69b(d>(G>f9Ga4V(f>G4b>(d>7>O(f9N9G(7>O>g8`84b(9(f>Gb4O9b(d>(a4d9b(69O>G9b(>Oa4O`>b(=9c(eO(NG9Of9N4(ke>(>b(eO(G>`4O4`868>Oa4(9(`4OaG87e`84O>b(d>(N>Oa>(ke>(O4(>OaG9(95b8ba>69(fG8i9d4V(O4(a8>O>(eO9(`e>Oa9(8Od8i8de95(d4Od>(>6f8>^9(9=4GG9G(f9G959(i>j>^(f>G4(ke>(b>(5>(d>7>O(f9N9G(54b(7>O>g8`84bJ("5(N9ba4(>O(b95ed(9e6>Oa9GM9(54(59GN4(d>5(a8>6f4(c(59(69c4G(f9Ga>(d>5(68b64(>baM(>O(A'*0+0(ke>(>b(>5g4Od4(O9`84O95(d>(b95edV(59(9b>NeG9d4G9(fH758`9J("O(59(8O8`89a8i9(=9c(6Mb(d>

S WS WS WS WS W

eO(68O8ba>G84(8Oi45e`G9d4(c(>b(86f4Ga9Oa>(a469G54(>O(`e>Oa9(f4Gke>(>b(6ecd8g]`85(=9`>G(59b(f45]a8`9b(8Oa>Gb>`a4G895>b(f>G4(f9G9(ke>(6e`=4b(d>(>ba4b(a>69bgeO`84O>O(O>`>b8a964b(69b(d>(eO(68O8ba>G84(aG979j9Od4(>O(>554V(9beOa4(ke>>ba9GM(6Mb(`59G4(>O(59(f45]a8`9(d>(b95edJ

)=85>(>O(eO(>j>G`8`84(>baG9ahN8`4(d>(f59O8g8`9`8_O(b>(fG4f4O>(6>a9b(b9O8a9G89bf9G9(59(dh`9d9(c(9ke](Oe>i96>Oa>(`G>4(ke>(>5(9fG>Od8^9j>(6Mb(NG9Od>(>b(>56Mb(b86f5>J("b(59(b>NeOd9(i>^(ke>(=9`>64b(>ba>(>j>G`8`84(g4G6956>Oa>(47i89Q6>Oa>(b8>6fG>(=97]9(6>a9b(b9O8a9G89b(f>G4(`4O(>5(N478>GO4(b>(=8^4(eO9(`468Qb8_O( fG>b8d>O`895( ke>( g8j_( 47j>a8i4b( b9O8a9G84b( f9G9( 59( dh`9d9( d>5( KWWW( 95KW!WV(55>N4(>5(KW!WV(b>(>i95e9G4O(54b(47j>a8i4b(c(5>b(ge>(695J

,9(>Ob>n9O^9(>b( a9O(b86f5>(ke>(=9ba9(d9(i>GNy>O^9(`4Oa9G59U(O4b( ge>(695f4Gke>(O4(=97]9(eO9(>baG9a>N89(f9G9(95`9O^9G(54b(47j>a8i4bJ("b(47i84(f>G4(>b9b`4b9b(f9b9OV(eO9(`468b8_O(fG>b8d>O`895V(eO(d4`e6>Oa4(4g8`895V(f9G9(55>N9G(9eO9( 6>a9V( d]9b( d>bfehb( O4( 55>N964b( c( uke>( b4GfG>b9v( O9d8>( f>Ob_( `464]7964b(9(55>N9GV(>Oa4O`>b(=8`864b(>5(>j>G`8`84(f4G(b>NeOd9(i>^(f>G4(>ba9(i>^9`46f9n9d4b(d>(eO(f59OV(d>(eO9(>baG9a>N89(d>(`_64(95`9O^9G(>b4b(47j>a8i4bVa8>O>(59(68b69(5_N8`9(d>5(f59O(9Oa>G84G(`4O(X(47j>a8i4b(b9O8a9G84b(N>O>G95>b(954b(ke>(b>(9NG>N9G4O(47j>a8i4b(>baG9ahN8`4b(`4O(8Od8`9d4G>b(d>(86f9`a4(c(6>Qa9bJ

"ba4(>b(eO(>bge>G^4(8Oa>Gb>`a4G895(ke>(f>G68a>(i45i>G(9(f>Ob9G(>O(59(8Oa>NG958d9dd>(59b(f45]a8`9bV(̀ e9Od4(>baM(>i95e9Od4(eO9(6>a9(ke>(a8>O>(ke>(i>G(̀ 4O(̀ MO`>GO4(f9G>`>(6ec(8Oa>Gb>`a4G895V(>5(`MO`>G(>b(geOd96>Oa95(f9G9(>5(?8O8ba>G84(d>+95edV(f>G4(G>`e>Gd>O(ke>(>O()=85>(a>O>64b(6e`=4(b47G>(f>b4(c(47>b8d9dV(b8i>64bV(>5(b>d>Oa9G8b64(>b(eO4(d>(54b(fG8O`8f95>b(d>a>G68O9Oa>b(8O6>d89a4b(d>59(47>b8d9d(c(>b>(>b(eO(a>69(8Oa>Gb>`a4G895U(>5(68O8ba>G84(d>(b95ed((a8>O>(6e`=4ke>(=9`>G(9=]V(a9Oa4(̀ 464(>5(68O8ba>G84(d>(>de`9`8_OV(d>(̀ 46eO8`9`84O>bV(>a`J"b( 86f4Ga9Oa>( =9`>G( >ba4V( f>Ob9G54( c( d8b>n9G54( 78>O( f4Gke>( 59b( `4b9b8Oa>Gb>`a4G895>b(9(i>`>b(O9d8>(59b(=9`>V(>Oa4O`>b(=9c(ke>(>O`4OaG9G(eO(6>`9QO8b64(f9G9(ke>(59(N>Oa>(59b(=9N9J

,9b(f45]a8`9b(8Oa>Gb>`a4G895>b(b4O(59b(6Mb(74O8a9b(f>G4(95(g8O95(d>(54b(d]9b(`9d968O8baG4(G>bf4Od>(f4G(be(b>`a4G(c(>5(78>O(8Oa>Gb>`a4G895(ke>d9(f9G9(>5(g8O95J($O6>`9O8b64(f9G9(=9`>G(ke>(54b(68O8baG4b(=9N9O(59b(`4b9b(>b(=9`>G(>ba4b(f59QO>b(f4Gke>(b9`9O(d>`59G9`84O>b(fH758`9b(9Oa>(a4d9(59(fG>Ob9(c(b>(b97>(ke>(eO68O8ba>G84(=9`>(8Od8`9d4G(d>(86f9`a4V(4aG4(68O8ba>G84(b454(b>(>O`9GN9(d>(>i9Q5e9G54V(f>G4(>ba>(O4(a8>O>(f4d>G(f9G9(d>`8G5>(95(4aG4(68O8ba>G84(m>baMO(a4d4bd>bf>d8d4bmV(f>G4(b8(b95>(eO(8Og4G6>(d4Od>(d8`>O(eba>d(54NG_(4(O4(54NG_V(=9c4aG9(=>GG968>Oa9U(9(O8ONHO(68O8baG4(5>(Neba9(ke>(ke>d>(>b`G8a4(>O(eO9(fMN8O9z>7(fH758`9(̀ eM5>b(b4O(59b(6>a9b(c(be(NG9d4(d>(̀ e6f5868>Oa4V(>ba4(9e6>Oa9(59aG9Obf9G>O`89(d>5(f4d>GV(c(59(f4b87858d9d(d>(>q8N8G(ke>(>ba>(a8f4(d>(`4b9b(b>86f5>6>Oa>OJ

S !S !S !S !S !

'aG9(`4b9(ke>(d84(6e`=9(ge>G^9(9(>ba9(f45]a8`9(O9`84O95(d>(b95ed(ge>(ke>(59fG86>G9( d969( d>5( N478>GO4( 9`ae95( G>958^_( eO9( `96f9n9V( eO( fG4NG969( d>b95ed(ke>(55969d4(>5>N8G(i8i8G(b9O4J("5(`46fG468b4(d>(59(fG86>G9(d969(=9`>ke>(a4d4(>5(6eOd4(f9Ga8`8f>V(=9ba9(59b(>6fG>b9b(5>(>OaG>N9O(f59a9(f9G9(ke>>ba9(`e>ba8_O(geO`84O>V(>Oa4O`>b(>b(6e`=4(6Mb(gM`85(be78G(95(79G`4(`e9Od4=9c(eO9(f>Gb4O9(86f4Ga9Oa>(d>aGMb(d>(>ba4V("ba>(86fe5b4(fH758`4(O4(d9(a9Oa9ge>G^9(d>bd>(59(f>Gbf>`a8i9(68b69(d>(b95ed(fH758`9(f4Gke>(7Mb8`96>Oa>(>56>Ob9j>(d>(>559(>b(>58N>(i8i8G(b9O4V(ke>(fe>d4(=9`>G54(`464(eO9(7G469(f4GQke>(59(b8Ne8>Oa>(>a9f9(f4dG]9(b>G(>58N>(O4(64G8Ga>V(=9c(`4b9b(ke>(f4d>64b>5>N8G(f9G9(i8i8G(b9O4b(f>G4(O4(a4d4(>b(Oe>baG9(>5>``8_OV(=9c(d>a>G68O9Oa>bb4`895>b(c(9=](>b(d4Od>(O4(6>(Neba9(a9Oa4(>ba9(fG4fe>ba9V(b8(b>(g8j9O(>5(47j>a8i4>ba9(8O8`8956>Oa>(>O(a>69b(d>(9586>Oa9`8_O(b95ed975>(9`a8i8d9d(g]b8`9(c(`46eQO8`9`8_OV(b4O(6ec(7e>O4b(47j>a8i4bV(=9c(`96f9n9b(6ec(>OaG>a>O8d9b(`4646e>i>(ae(`e>G4(4(`46>(b9O4V(54(ke>(geO`84O9(`464(eO(d8b`eGb4(g4G695V(f>G4>O(59(fGM`a8`9(O4(b>(b97>(b8(>ba4(be`>d>(4(O4J

'aG9(̀ 4b9(ke>(b>(d>7>(G>g4G69G(c(O4(b>(=9(=>`=4(>O(54b(H5a864b(d4b(9n4b(>b(59'@@(ke>(>6f>^_(>O(KWWS(>O()=85>(`4O(59(b8N59(0$@(ke>(b8NO8g8`9(0``>b4$O8i>Gb95V( 54(ke>(b8NO8g8`9(ke>(7>O>g8`89(9(a4d9(59(f4759`8_O(`4O(A'*0+0J,9b(f>Gb4O9b(ke>(>baMO(9b>NeG9d9b(>O(>5(b8ba>69(fH758`4(c(fG8i9d4(b>(7>O>g8Q`89O(d>(>ba>(9``>b4(eO8i>Gb95(9(59(b95ed(c(b>(5>b(55969(@"+(f4ba>G84G6>Oa>(f4Gke>(d9(N9G9Oa]9b(d>(b95ed(>qf58`8a9b(f4G(>b`G8a4(ke>(b4O(>q8N875>bV(54(̀ e95(>b(eO`96784(G9d8`95(>O()=85>V(fe>b(b8(eO4(5>>(59(`4Oba8ae`8_O(>5(9``>b4(9(59(b95ed(>b6ec(759Od4(9(d8g>G>O`89(d>(59(`4Oba8ae`8_O(`4546789O9(d4Od>(>5(d>G>`=4(9(59b95ed(>b(6e`=4(6Mb(`59G4J("O()=85>(>5(d>G>`=4(9(59(b95ed(69O>j9(eO(5>ONe9j>59q4(ke>(f>G68a>(ke>(>5("ba9d4(O4(b>(i>9(4758N9d4(9(N9G9Oa8^9G(54b(d>G>`=4b`59G96>Oa>(c(ke>(54b(`8ed9d9O4b(a96f4`4(b>(9`>Gke>O(9(f>d8G(`4O(6>`9O8bQ64b(`464(59b(aea>59bJ(1eG9Oa>(6e`=4b(9n4b(ge>(6Mb(d8g]`85(=9`>G(G>`5969`84QO>bV(9=4G9(b4O(6Mb(>qf5]`8a9b(59b(N9G9Oa]9b(>b`G8a9b(c(>q8N875>b(9`>G`9(d>(kehb>(d>7>(=9`>G(f4G(59(b95edJ

+4O(̀ e9aG4(59b(N9G9Oa]9bV(9(O8i>5(6Mb(N>O>G95V(59(N9G9Oa]9(d>(9``>b4V(fG>ba9`84QO>b(N9G9Oa8^9d9b(9(a4d4b(54b(7>O>g8`89G84bV(=9c(eO9(`9Oa8d9d(d>(fG>ba9`84O>bf9G9(eO9(`9Oa8d9d(d>(>Og>G6>d9d>b(ke>(a>O>64b(ke>(>OaG>N9Gl(=9c(eO9(N9QG9Oa]9(d>(4f4GaeO8d9dV(O4(59(f4d>64b(>OaG>N9G(̀ e9Od4(ke>G964b(mb8V(eba>d(i99(G>`878G(be(aG9a968>Oa4V(f>G4(ie>5i9(>O(`8O`4(9n4b(6MbmV(=9c(eO(f59^4(f9G9(59>OaG>N9(d>(59b(fG>ba9`84O>b(d>(b95ed(ke>(a8>O>(ke>(>ba9G(N9G9Oa8^9d4(c(b>(d>7>`e6f58GJ

-9678hO(=9c(N9G9Oa]9b(d>(`958d9d(>b4(b8NO8g8`9(ke>(59(a8>O>(ke>(>OaG>N9G(eOfG>ba9d4G(ke>(>bah(G>N8baG9d4(c(9`G>d8a9d4V(>ba4(aei4(eO9(86f5>6>Oa9`8_O(NG9Qde95(f4Gke>(47i896>Oa>(95(`468>O^4(O9d8>(>baM(9`G>d8a9d4(f>G4(c9(=9c(N>Oa>ke>(54(>baM(=9`8>Od4l(=9c(N9G9Oa]9b(d>(g8O9O`8968>Oa4V(59(8d>9(>b(ke>(b>9(eO9``>b4(eO8i>Gb95(f4G(54(a9Oa4(>5(f9N4(f4G(fG>ba9`8_O(>ba9(8Od>q9d4(9(eO(9G9OQ

S KS KS KS KS K

`>5(ke>(i9(d>5(W(95(KWw(>5(d>(f4`4(8ONG>b4(O4(f9N9(O9d9V(b8(eO4(a8>O>(6Mb8ONG>b4b(fe>d>(55>N9G(9(f9N9G(>5(KWw(d>(`4f9N4(>Oa4O`>b(>baMO(>ba9b(`e9aG4N9G9Oa]9b(c(>5(>bf]G8ae(d>(59b(`4Ob8d>G9`84O>b(ke>(=9c(d>aGMb(>b(>5(b8Ne8>Oa>U7eb`9G(6Mb(>ke8d9d(>OaG>(>5(b8ba>69(fH758`4(c(>5(b8ba>69(fG8i9d4V(>ba>(H5a864>O()=85>(>b(eO(b8ba>69(d>(G8`4b(c(>5(b8ba>69(fH758`4(>5(d>(54b(f47G>bJ

)4Ob8d>G9`8_O(f4G(59(>ke8d9dU(=9c(6e`=9b(d8g>G>O`89b(G>N84O95>bV(>O(`8>Ga4b5eN9G>b(eO4(a>O]9(9``>b4(9(59(b95edV(>O(4aG4b(5eN9G>b(d>g8O8a8i96>Oa>(O4J("5a>69(d>(>ke8d9d(f4G(8ONG>b4b(a9678hO(G>bf4Od>(9(59(Oe>i9(G>958d9d(d>5(>Oi>Qj>`868>Oa4(f4759`84O95V(d>(>Og>G6>d9d>b(`G_O8`9bV(G>bf4Od>(a9678hO(95(a>69d>(59(8Ob9a8bg9``8_O(95(ebe9G84(f4G(>j>6f54V(mb8(9(6](6>(d8>G9O(7e>O9(b95ed6>j4G9G]9(f>G4(59(i>Gd9dV(6>(aei8>G4O(>bf>G9Od4(d]9b(c(d]9b(c(c4(879(c(6>=9`]9O(i45i>G(O4(`e>Oa9(54(68b64(ke>(b8(c4(ge8(c(6>(d8>G4O(>5(68b64(aG9a9Q68>Oa4(ke>(`e9Od4(c4(55>Ne>(f4G(fG86>G9(i>^mV(b>(aG9a9(d>(G>de`8G(59(9a>O`8_O9(54b(=4bf8a95>b(c(G>b45i>G(54b(fG475>69b(ke>(>ba979O(be`>d8>Od4(`4O(54b(6eQO8`8f84b(ke>(O4((fed8>G4O(`4Oa>O>G(a4d9( 59(9a>O`8_OV(d>(64d4(ke>(6e`=9N>Oa>(55>N979(d8G>`a96>Oa>(9(59(b959(d>(>6>GN>O`89(d>(54b(=4bf8a95>bJ(+>(8Oa>OQa9(69Oa>O>G(>5(N9ba4(>O(eO9(fG4f4G`8_O(G9^4O975>V(`e9Od4(59(f4759`8_O(>Oi>Qj>`>V(̀ 464(d8j864b(9Oa>G84G6>Oa>V(>5(N9ba4(9e6>Oa9(c(b>(=9`>(O>`>b9G84(̀ 4Oa>QO>G(>5(N9ba4(>O(b95edV(f9G9(>554(b>(4GN9O8^9(eO(64d>54(d>(6>d8`8O9(g968589Gke>(aG979j9(>O(>ke8f4bJ

)e9Od4(b>(=8^4(59(G>g4G69V(54b(6hd8`4b(a469G4O(eO9(8O8`89a8i9(GMf8d96>Oa>Vf>Ob979O(ke>(>G9(6>j4G(i45i>G(9(eO(b8ba>69(fH758`4(d>b`>OaG958^9d4V(f4b875>Q6>Oa>(f4G(eO9(O4ba95N89(G46MOa8`9((d>(54(ke>(aei8>G4O(>O(95NHO(646>Oa4J?9Oa>O>G((eO(b8ba>69(fG8i9d4(b8NO8g8`9(7Mb8`96>Oa>(`e8d9G(>5(745b8554V(f>G4f9G9(54b(6hd8`4b(ke>(i8>O>O(d>(`4Obe5a9b(fG8i9d9b(`4Ob8d>G9O(ke>(b8NO8g8`969Oa>O>G( 59( 8O>ke8d9d( c( 9d>6Mb( d8`>O( =9N964b( 54( f4b875>( 9( >Oa8d9d>b>qf58`8a9bV(54(ke>(7Mb8`96>Oa>(b8NO8g8`9(O4(̀ 46fG46>a>Ga>(̀ 4O(O9d9J(1>bfehbV`e9Od4(a4d9b(59b(f4759`84O>b(>baMO(9(g9i4G(d>(59(G>g4G69V(54b(6hd8`4b(d>7>9f4c9G59(a9678hOV(f>G4V(`_64(geO`84O9(>ba4V(`eM5>b(b4O(54b(9`a4G>b(fG8O 8̀f95>bJ

("O(54b(g5ej4b(g8O9O`8>G4bV(a>O>64b(aG>b(ge>Oa>b(d>(g8O9O`8968>Oa4V(f4G(G>be5a9Qd4V(f4G(f>Gb4O9b(c(f4G(>6fG>b9bV(̀ 9d9(eO4(d>(>554b(>OaG>N9(G>`eGb4b(>5("ba9d4`464((9f4Ga>b(g8b`95>bV(59b(f>Gb4O9b(>5(Rw(d>(be(G>Oa9(c(59b(>6fG>b9b(>5(YVT(wd>(be(G>Oa9J("ba4b(G>`eGb4b(i9O(9(d8ba8Oa4b(b>NeG4b(c(fG>ba9d4G>bV(f>Ob>64b(f4G>j>6f54V(>5("ba9d4(>OaG>N9(9f4Ga>b(g8b`95>b(9(59b(ge>G^9b(9G69d9b(c(95(g4Od4O9`84O95( d>( b95edV( 59b( ge>G^9b( 9G69d9b( >Oi]9O( beb( 9g8589d4b( 9( fG>ba9d4G>bfG4f84bV(A'*0+0(d>bf9`=9(beb(7>O>g8`89G84b(f4G(6>d84(d>(59(G>d(d>(fG>ba9d4G>bfH758`4b(4(9(`5]O8`9b(fG8i9d9bV(59b(f>Gb4O9b(9f4Ga9O((9(A'*0+0(4(9(%+0&."V9eOke>(59(69c4G]9(54(=9`>(`4O(>5(fG86>G4J

1>(9=](ke>(59(N>Oa>(ke>(b>(ge>(9(%+0&."(N>O>G956>Oa>(>b(9a>Od8d9(>O(̀ 5]O8`9bc(̀ >OaG4b(6hd8`4b(fG8i9d4b(f>G4(a9678hO(f4dG]9(8G(9(̀ >OaG4b(d>5(b>`a4G(fH758`4J

S LS LS LS LS L

,9b(>6fG>b9b(9f4Ga9O(9(59b(6eae95>b(d>(b>NeG8d9d(c(55>i9O(9(59b(f>Gb4O9b(9`>OaG4b(fG8i9d4b(9b](geO`84O9(>5(b8ba>69(d>(9`a4G>b(c(g5ej4bJ("O(Oe>baG4(b8ba>69=9c(N>Oa>(d>(95a4b(c(79j4b(8ONG>b4bV( 54b(d>(95a4b(8ONG>b4b(`4OaG87ec>O(9(59b%+0&."V(>b4( G>g5>j9(6Mb( 59( G>958d9d(c( 54b(d>(79j4b( 8ONG>b4b( `4OaG87ec>O(9A'*0+0V(9=4G9(59(N>Oa>(ke>(`4OaG87ec>(9(%+0&."(a8>Od>(9(f9N9G(eO(f4`469b( d>5( Rw( f4Gke>( f9N9( f4G( `47>GaeG9V( f4G( 7>O>g8`84bV( f4G( fG>ba9d4G>bfG>g>G>O`895>b(c(9d>6Mb(f9N9(f4G(b>NeG4b(`46f5>6>Oa9G84bJ(,9b(%+0&."(cA'*0+0(f9N9O(f4G(>i>Oa4b(9( 54b(fG>ba9d4G>b(d>(b95edJ(D4c(>O(d]9(>O(>5b8ba>69(fH758`4(d>(A'*0+0(`478j9(95(RLw(d>5(f9]bV(>O(59b(%+0&."(b4596>Oa>ke>d9O(>5(!YwJ

)464(6>O`84Oh(9Oa>G84G6>Oa>V(4aG4(d>(54b(d>b9g]4b(d>(=4c(>b(>5(a>69(d>(599`G>d8a9`8_OV(f9G9(N9G9Oa8^9G(59(`958d9dV(>5(fG>ba9d4G(a8>O>(ke>(>ba9G(9`G>d8a9Qd4J("ba>(fG4`>b4(>baM(8O8`89Od4V(>b4(b8NO8g8`9(4GN9O8^9G(eO(f4`4(59(6>d8`8O9V59( G>g4G69( 8O`5ec>( Ne]9b( `5]O8`9b( c( `9O9ba9b( d>( fG>ba9`84O>bV( 7eb`9( 59>ba9Od9G8^9`8_O(d>(59(6>d8`8O9(c(>baM(>bf>G9Od4(eO(f4`4(9(i>G(`464(G>be5a9QGM(>5(fG4`>b4J(,4b(6hd8`4b(b4O(d>g>Ob4G>b(d>(59(i9G897858d9d(d>5(̀ G8a>G84(̀ 5]O8`4c(ke>(59(6>d8`8O9(a9678hO(>b(eO(9Ga>(ke>(d>7>(a469G(>O(`e>Oa9(6H5a8f5>bg9`a4G>b(f9G9(a469G(eO9(d>`8b8_O(c(O4(geO`84O9(ke>(5>b(d>O(eO9(G>N59J

"ba>(>b(eO(>baed84(̀ 4Ga4(6Mb(78>O(̀ e958a9a8i4(f>G4(>qf54G9(>ba9b(X(=8f_a>b8bU(!:b>(fG>b>Oa9GM(eO(79j4(O8i>5(d>(9`>fa9`8_O(gG>Oa>(9(59(>ba9Od9G8^9`8_O(6hd8`9Vjeba96>Oa>(f4G(>ba4(d>`864b(ke>(54b(6hd8`4b(>O(N>O>G95(a8>O>O(eO9(g4G69(d>f>Ob9G(4fe>ba9(9(fG4a4`454b(6ec(>ba9Od9G8^9d4b(K:(b>(fG>b>Oa9GMO(d8g>G>O`89b>O(>5( NG9d4(d>( 9`>fa9`8_O( b>NHO( 59( >qf>G8>O`89( d>( 59b(f>Gb4O9bV( 9(69c4G>qf>G8>O`89(b>(>bf>G9(6>O4G(9`>fa9`8_OV(>b(d>`8GV(95Ne8>O(ke>(55>i9(6e`=4b9n4b(>j>G`8>Od4V(95Ne8>O(ke>(O4(6e>i>(59(G>N59(4(`464(b>(=9`>(>ba4V(95Ne8>O6Mb(j4i>O(ke>(>baM(f9Ga8>Od4(5>(9ced9(>5(fG4a4`454(L:(f4dG]9(=97>G(d8g>G>O`89bf4G(>5(a8f4(d>(8ObaGe6>Oa4bV(59b(Ne]9b(`5]O8`9b(ke>(b4O(6Mb(N>O>G95>b(c(O4(a9O>baG8`a9b(c(O4(G>59`84O9d9b(`4O(59(5_N8`9(>`4O_68`9(b8O4(`4O(59(5_N8`9(>O(596>d8`8O9( 79b9d9( >O( 59( `8>O`89V( a8>Od>O( ( 9( a>O>G(6>j4G( 9`>fa9`8_O( ke>( 59b`9O9ba9b(d>(fG>ba9`84O>b(ke>(5868a9O(54(ke>(fe>d4(>OaG>N9GV(>Oa4O`>b(f4dG]9b>G(ke>(54b(6hd8`4b(>baei8>G9O(4fe>ba4b(9(59b(̀ 9O9ba9b(d>(fG>ba9`84O>bV(>b9(>b59(=8f_a>b8bJ(X:(&4dG]9(=97>G(d8g>G>O`89b(>OaG>(59b(>bf>`8958d9d>b(6hd8`9b(d>d8ba8Oa9(O9aeG95>^9V(fe>d>(ke>(59(9`>fa9`8_O(>O(59b(>bf>`8958d9d>b(b>9(69c4Gf9G9(54b(6hd8`4b(N>O>G95>b(ke>(f9G9(59b(>bf>`8958d9d>b(ke8GHGN8`9bJ

05NeO9b(d>(>ba9b(=8f_a>b8b(b>(`e6f5>O(c(4aG9b(O4V(54(fG86>G4(ke>(i>64b(9579j4(O8i>5(>b(ke>(59b(4f8O84O>b(a8>Od>O(9(`4OaG9d>`8G(>5(a969n4(d>(59(>bg>G9V6e>baG9O(̀ _64(b>(d8baG87ec>O(c(d8i8d>O(59b(4f8O84O>bV(=9c(d>69b89d9(i9G8978Q58d9d(`4O(59b(G>bfe>ba9b(f9Ga>(d>(>b9(i9G897858d9d(ke>(a8>O>O(ke>(i>G(`4O(59b>qf>G8>O`89bV(b8(>O`4OaG964b(ke>(>b(bHf>G(`59G4(9(f>Gb4O9b(j_i>O>b(`4O(6>QO4b(>qf>G8>O`89(4(b8(b4O(54b(69c4G>b(>O(N>O>G95(`4O(6>O4b(>qf>G8>O`89(=9`>ke>(eO4b(a>ON9O(9fa8aed(6Mb(g9i4G975>(9(59(>ba9Od9G8^9`8_O(d>(59(6>d8`8O9J("5

S XS XS XS XS X

8ObaGe6>Oa4(a9678hO(69G`9(d8g>G>O`89bV(59b(Ne]9b(`5]O8`9b(b4O(6>j4G>b(ke>(59b`9O9ba9b(d>(fG>ba9`84O>b(b8(7eb`964b(G>Ne59G(9(54b(6hd8`4bJ("O(`e9Oa4(9(59b>bf>`8958d9d>b(6hd8`9bV(O4(>b(a9O(`59G4(59b(d8g>G>O`89b(ke>(=9c(>OaG>(>554bJ

'aG4(a>69(d>(f45]a8`9(9`ae95(b4O(59b(58`>O`89b(6hd8`9bV(=e74(eO9(>qf54b8_O>OaG>(54b(9n4b(KWWY(c(KWWT(>O(59(>OaG>N9(d>(59b(68b69b(c(O4(>b(ke>(=9c9(eOa>69(8Og>``84b4V(O4(=9c(eO9(>f8d>689(d>(O9d9J(,9b( 58`>O`89b(G>Ne59G>b(9eQ6>Oa9G4O(c(b>(>6f8>^9O(9(d>b`e7G8G(6e`=4b(`9b4b(d>(`4GGef`8_O(d4Od>(>5d4`a4G(d8`>( m968N4(iMc9b>(9(d>b`9Ob9G(f9G9( 59(`9b9V( a_6>b>(>ba9( G>`>a9(cd]N95>(9(be(>6f5>9d4G(ke>(>baM(>Og>G64mV(9(59b(6ej>G>b(>679G9^9d9b(a9678hO5>b(f9b979(ke>(ke>G]9O(>ba9G(6Mb(a8>6f4(`4O(beb(=8j4bV(>O(>5(g4Od4(=97]9(ke>fG454ON9G(59(59`a9O`89V(d>bfehb(d>5(f>G84d4(f4ba(O9a95(i8>O>O(6Mb(58`>O`89b6hd8`9bJ("ba4(b>(>OgG>Oa_(d>(d4b(g4G69bU(d8N8a958^9Od4(>5>`aG_O8`96>Oa>(59b58`>O`89b(6hd8`9b(c(=9`8>Od4(eO9(G>g4G69(95(GhN86>O(f4ba(O9a95V(ke>(b>(>qa>OQd8_(c(=4c(d]9(>b(79ba9Oa>(6Mb(59GN4(d>(54(ke>(>G9(9Oa>G84G6>Oa>J

&4G(4aG9(f9Ga>(>O`4OaG964b(59(5>c(d>(d>G>`=4b(c(d>7>G>b(d>(54b(f9`8>Oa>bV(ke>9=4G9(=9`>(>qf5]`8a4(54(ke>(eO(f9`8>Oa>(a8>O>(ke>(=9`>G(c(G>bf4Od>GV(a8>O>d>G>`=4(f4G(>j>6f54(9(a>O>G(8Og4G69`8_O(4f4GaeO9V(9(f>d8G(eO(aG9a4(d8NO4(ca8>O>(>5(d>7>G(d>(>OaG>N9G(a4d9(59(8Og4G69`8_O(G>bf>`a4(9(be(>Og>G6>d9dV(>ba4>b(54(ke>(b>(9`979(d>(9fG479G(>O()=85>(c(>baM(>6f>^9Od4(9(86f5>6>Oa9Gb>J->O>64b(95N4(ke>(>b(6ec(8Oa>G>b9Oa>(c(a8>O>(ke>(i>G(`4O(59(jed8`8958^9`8_O(d>59(b95edV(=9c(eO9(g8NeG9(>O()=85>(ke>(>b(>5(-G87eO95()4Oba8ae`84O95(ke>(OeO`9>O(be(i8d9(=97]9(d8`=4(O9d9(9`>G`9(d>(b95edV(f>G(>O(KWWS(>6f8>^9O(9(9f9G>Q`>G(d>`8b84O>b(d>5(aG87eO95V(g9554b(G>59`84O9d4b(`4O(a>69b(d>(b95edV(=9c(N>Oa>ke>(b>(fG>4`ef9(d>(i>59G(f4Gke>(59b(`4b9b(b>(>bahO(=9`8>Od4(d>(9`e>Gd4(9(59`4Oba8ae`8_OJ("O(fG86>G(5eN9G(=8`864b(>qf5]`8a4(>5(d>G>`=4(9(59(b95edV(fG86>G`96784(86f4Ga9Oa>(9=4G9(c4(bh(keh(6>(`4GG>bf4Od>V(>O(b>NeOd4(5eN9G(59b%+0&."+(i9O(be78hOd45>(6e`=4(59b(fG869b(d>(59b(f>Gb4O9b(d>(9`e>Gd4(9(beG8>bN4(̀ 5]O8`4(4(d>(>6f>^9G(9(>Oi>j>`>GV(a4d4b(54b(9n4b(a>(69Od9O(eO9(̀ 9Ga9(ca>( 8Og4G69O(ke>( ae(f59O( be78_(c( b8>6fG>( b>( a>G68O9(f9N9Od4(6Mb(c(6MbV>Oa4O`>b( d8b`G868O9O( f4G( >d9dV( f4G( b>q4V( f>G4( b>( N9G9Oa8^9( >5( d>G>`=49( 59( b95ed( c( >Oa4O`>b( =9c( a>GG>O4( f9G9( >6f>^9G( 9( d>`8G( m>ba4( >b( 6]4V( 54ke8>G4(>q8N8GmJ

"5(-G87eO95()4Oba8ae`84O95(`96789(be(g8NeG9V(b8>6fG>(ge>(eO(aG87eO95(d4Od>eO4(55>N979(9(b>G(?8O8baG4(f4Gke>(a>(>5>N]9O(aeb(f9dG>b(54b(je>`>b(c(59(8d>454N]9d>(54b(je>`>b(>O()=85>(>baM(4G8>Oa9d9(9(ke>(5>c(c(f45]a8`9b(b4O(d4b(6eOd4bd8ba8Oa4bV(>Oa4O`>b(O4(b454(O4b(6>a>64b(>O(>5(6eOd4(fH758`4V(O4b(`>n864b>baG8`a96>Oa>(9(59(,>cV(f>G4(b>(=9`>(eO9(G>g4G69(9(59(>Oa8d9d(c(b4O(O467G9Qd4b(68O8baG4b( d>b8NO9d4b(f4G( >5(&G>b8d>Oa>( c(f4G( >5(+>O9d4V( >b4( b8NO8g8`9ke>(>b4b(68O8baG4b(a8>O>O(ke>(a>O>G(eO(G45(f45]a8`4(>O(>5(g4Od4(c(d>7>O(>6f>^9G9( fG4OeO`89Gb>( >O( 54b( 9beOa4b( fH758`4bV( 54( ke>( 6e>baG9( ke>( a8>O>O( 6Mb8O`>Oa8i4bJ

S SS SS SS SS S

0Oa>b(b8(b>(fG4OeO`8979O(G>bf>`a4(95(6eOd4(fH758`4(f>Gd]9O(>5(̀ 9GN4V(=4c(d]9=9c(4aG9(g4G69(d>(=9`>G(̀ 9GG>G9(>O(-G87eO95J($O4(d>(54b(fG86>G4(g9554b(fH758`4bke>(=8^4(ge>(fG4=878G(59(f]5d4G9(d>5(d]9(d>bfehb(c(>b4(aei4(eO(>g>`a4(O>g9ba4(>O59(4f8O8_O(fH758`9(>O()=85>V(=e74(a9Oa4(G>`=9^4(=9`89(>5(-G87eO95()4Oba8ae`84QO95(ke>(7eb`9O(G>i>Ga8G(>b>(G>`=9^4(d>(59(`8ed9d9O]9(dMOd45>(6>d8d9b(g9i4G9Q75>b(c(g9559Od4(b8>6fG>(>O(`4OaG9(d>(59b(%+0&."(i9(eO9(f>Gb4O9(c(5>(d8`>Um-G87eO95()4Oba8ae`84O95V( 59( %+0&."(6>(be78_( 59(fG869(d>(68(b>NeG4V( (6>f9G>`>(ke>(>b4(>b( 8O`4Oba8ae`84O95mV( c(f4G(d>b9jeba>b(>O( 59b(fG4fe>ba9b(>5-G87eO95(g9559(>O(`4OaG9(d>(59b(%+0&."J

)4O`5e8Gh(`4O(>5(a>69(d>(G9`84O958^9G(59(b95edV(9ke](>baMO(i8>Od4(ke>(>O()=85>54(=8`864b(d>(g4G69(86f5]`8a9(c(54b(f9]b>b(a8>O>O(ke>(=9`>G(>5(G9`84O968>Oa4d>(59(b95ed(d>(95NeO9(69O>G9(c(54(=9`>O(d>(69O>G9(86f5]`8a9(4(>qf5]`8a9(54=9`>O(f4Gke>(59b(O>`>b8d9d>b(b4O(8Og8O8a9b(c(54b(G>`eGb4b(O4V(>Oa4O`>b(a8>O>Oke>(>5>N8G(b8(G9^4O9O(d>(g4G69(86f5]`8a9(4(>qf5]`8a9J()e9Od4(54(=9`>O(d>(g4G6986f5]`8a9(f4O>O(58ba9(d>(>bf>G9V(d>j9Od4(9(59(N>Oa>(>bf>G9Od4(d8`8hOd45>(ke>d>7>O(f9N9G(f4G(54b(b>Gi8`84b(>O(54(ke>(>O()=85>(55969O(mf8aeg4m(3g9i4G>b(4`4GGef`8_O:J("5(G9`84O968>Oa4(>qf58`8a4(4`ef9(eO9(`9O9ba9(d>(7>O>g8`84b(c(d>fG>ba9`84O>b(N9G9Oa8^9d9(`464(=9`>()4546789(ke>(a8>O>(N9G9Oa]9b(>qf58`8a9bf>G4(b4O(fG475>69b(d>(8O>ke8d9d(f4G(54b(7>O>g8`84bV(54b(`4f9N4bV(59b(aea>59bke>(O4(geO`84O9O(f>Gg>`a96>Oa>(95(8Ne95(ke>(>O()=85>J

"Oa4O`>b(54b(fG475>69b(ke>(f4dG]9(a>O>G()4546789(b4O(54b(68b64b(ke>(=9a>O8d4()=85>V(eO4(f4dG]9(b>G(ke>(59b(58ba9b(d>(>bf>G9(`G>^`9O(f9G9(f9G9(9ke>Q559b(>Og>G6>d9d>b(ke>(O4(b4O(fG>g>G>O`895>bV(b8(N9G9Oa8^4(eO9(>Og>G6>d9dV(59ke>(O4(N9G9Oa8`>(fe>d>(a>O>G(N>Oa>(f9G9(b8>6fG>J($O(b>NeOd4(fG475>69(>bke>()4546789(f4dG]9(a>O>G(eO(b8ba>69(d>(fG84G8^9`8_O(`464(>5(d>()=85>(>O(>5ke>(=9c9(G>`=9^4(9(54b(fG4a4`454bJ

"O(a>G`>G(5eN9G(f4dG]9(=97>G(eO(a>69(d>(>qfe5b8_O(d>5(N9ba4(fH758`4V(fG84G8^9G`464(54(=8^4()=85>(geO`84O_(6ec(78>OV(i>64b(̀ 4Oa>O8d4(>5(N9ba4(fH758`4(f>G4f4dG]9(O4( geO`84O9G(f9G9(4aG4b(f9]b>b(f4Gke>( 54b(f45]a8`4b(f4dG]9O(ke>G>G6>a>G(6Mb(c(6Mb(N9G9Oa]9bV(>Oa4O`>b(f9Ga864b(`4O(`8O`e>Oa9V(d>bfehb(`4Ob>a>Oa9(c(4`=>Oa9(̀ 464(>G9(>5(f59OV(f>G4(d>(G>f>Oa>(f4dG]9(55>N9G(eO(&G>b8d>OQa>(ke>(5>(>bah(c>Od4(695(>O(59(f4fe59G8d9d(c(d8N9(m!YW(fG>ba9`84O>b(N9G9Oa8Q^9d9bm(c(>b4(fe>d>(b>G(O4(beba>Oa975>(g8O9O`8>G96>Oa>V(>Oa4O`>b(b>(G>ke8>G>(d>95NHO(6>`9O8b64(d>(`4OaG45(g8O9O`8>G4(ke>(>b(d8g]`85(d>(86f5>6>Oa9GJ

)=85>(a8>O>(8Oba8ae`84O>b(ge>Ga>b(c(aG9d8`8_O(d>(9eba>G8d9d(g8b`95(c(>ba4(geO`84QO979(78>OV(f>G4(O4(a>OdG]9(f4G(keh(geO`84O9G( 8Ne956>Oa>(>O(4aG4b( 5eN9G>bV)4546789(a8>O>(d8g8`e5a9d>b(9d8`84O95>bV(a8>O>(4aG4b(7>O>g8`84b(c9(N9G9Oa8^9Qd4bV(4aG9(g4G69(d>(fG84G8^9GV(f4G(54(a9Oa4(b>G]9(6ec(d8g]`85(f45]a8`96>Oa>(`96Q789G(59b(G>N59b(d>5(je>N4(c(f>d8G5>b(9(59b(@"+(ke>(9b>NeG>O(9(54b(7>O>g8`89G84b9(fG>ba9`84O>b(O4(fG84G8a9G89bJ

S YS YS YS YS Y

"baM(>5(64d>54(ke>(i95>(59(f>O9(>baed89GV(d>(`_64(fG84G8^_()=85>V(fG86>G4(b>9O958^_(59(̀ 9GN9(d>(59b(>Og>G6>d9d>bV(59b(ke>(a>O]9O(6e`=9(̀ 9GN9(f9b9G4O(9(59b>NeOd9(>a9f9V(59b(>Og>G6>d9d>b(̀ 4O(95a4(̀ 4ba4(c(>g>`a8i8d9d(b>(g85aG979O(>O(>5g4Od4V(b>(7eb`979O(59b(6Mb(>g8`8>Oa>b(c(6>O4b(̀ 4ba4b9bV(d>bfehb(b>(̀ 95`e597959(`9f9`8d9d(d>5(b8ba>69(f9G9(aG9a9G59b(f4Gke>(f4d>64b(d>`8G(ke>(>5(b8ba>69>ba9(b47G>`9GN9d4(c(b8(=9c(`9f9`8d9d(b454(d>(=9`>G(59(68a9dV(>b(d8g]`85(9dke8G8G6Mb(`46fG468b4bJ

1>bfehb(>baM(>5(a>69(d>(59(̀ 9GN9(g8O9O`8>G9V(b>(fG>i8>G4O(9ke>559b(>Og>G6>d9Qd>b(ke>(>G9O(6Mb(`9G9b(f9G9(59b(f>Gb4O9b(cV(ke>(86f9`a9O(6Mb(>O(beb(d]9b(cd>b9GG455_(eO(fG4`>b4(d>(fG84G8d9d>b(b4`895>b(i954G9d9b(fG>NeOaMOd45>(9(59bf>Gb4O9bV( b>( fG84G8^9G4O( 54b( fG475>69b( 6Mb( gG>`e>Oa>bV( 54b( 6Mb( `9G4bV( 54ke>(6Mb(d9n9O( 59( `958d9d(d>(i8d9(c( b>NHO( 59(f>G`>f`8_O(d>( 59b(f>Gb4O9bVd>bfehb(b>(N9G9Oa8^9O(59b(8Oa>Gi>O`84O>b(>g>`a8i9bV(59b(d>(fG464`8_OV(59b(d>fG>i>O`8_OV( 59b(d>(`eG9`8_O(c( 59b(d>(G>=97858a9`8_OV( g8O956>Oa>(b>(eO8_(9( 59g9`a87858d9d( d>5( f59O( c( b>( 47b>Gi9( 59( `9f9`8d9d( d>( 59( 4g>Ga9( d>5( f9]b( c( 54bG>`eGb4b(d8bf4O875>bJ

-4d4(>b4(=9`>(ke>(f9b>O(`8>Ga9b(>Og>G6>d9d>b(c(O4(4aG9bV(d8`=4(d>(4aG9g4G69V(fG86>G4(b>(f4O>O(6>a9bV(54(ke>(ke>G>64b(54NG9GV(95(68b64(a8>6f4(b>>baed89(59(69NO8aed(d>(59(86f4Ga9O`89(d>(59b(>Og>G6>d9d>b(c(59(fG>i95>O`89(d>59(8O`8d>O`89(c(59(`9GN9(d>(59(>Og>G6>d9d(jeOa4(9(59b(G>g>G>O`89b(b4`895>b(359b`4b9b(ke>( 59b(f>Gb4O9b(i954G9O(6Mb:V(>Oa4O`>b(=9c(d8ba8Oa9b(>g>`a8i8d9d>bV95a9bV(6>d89b( c(79j9bV( c( i9G89d4b( G>`eGb4bV(f9G9(95NeO4b( beg8`8>Oa>b( c(f9G94aG4b( 8Obeg8`8>Oa>bl( 59b(ke>(a>O]9O(79j9b(b8Ne>O(b8>Od4(`464(59b(ke>(a>O]9O95a9b(c(`4O(beg8`8>Oa>b( G>`eGb4b(b>(N9G9Oa8^9OV( 59b(d>( 8Obeg8`8>Oa>b( G>`eGb4bf9b9O(9(4aG9(>a9f9J

,e>N4(i8>O>(59(̀ 9GN9(g8b`95(f4G(̀ 9b4bV(f4G(9n4(c(5e>N4(b>(i>(>5(̀ 4Ob>Ob4(b4`8959`>G`9(d>(b8(>b(95a9V(6>d89(4(79j9V(c(9=](b>(N9G9Oa8^9(>5(d>G>`=4(d>( g4G69>qf5]`8a9V(>ba4(geO`84O_(79ba9Oa>(78>O(>O()=85>(f>G4(O4(b>(fe>d>(d>`8G(ke>geO`84O9GM(>O()4546789(f4Gke>(59b(G>958d9d>b(b4O(d8ba8Oa9b(c(=9c(eO(b8ba>69d8ba8Oa4V(9d>6Mb(>b(6Mb(d8g]`85(>`=9G(eO(b8ba>69(9aGMb(ke>(>`=9G(eO4(Oe>i49Od9GV(>OaG>N9G(7>O>g8`84b(f45]a8`96>Oa>(>b(gM`85V(`96789G(54b(7>O>g8`84b(c(ke8Qa9G54b(>b(d8g]`85J

"Oa4O`>b(=975964b(d>(̀ e9aG4(̀ 4b9bV(54b(f>G84d4b(=8ba_G8`4bV(̀ 464(>5(̀ 4Oa>qa4>f8d>6845_N8`4(c(d>64NGMg8`4(d>()=85>(b>(`46f9G9(`4O(>5(d>()4546789V(keh>baM(be`>d8>Od4(9`ae956>Oa>(>O(59(f45]a8`9(d>(b95ed(9`ae95(>O()=85>(c(`_64(b>fe>d>(fG84G8^9G( 59(b95ed(d>(eO9(69O>G9(jeba9V( 5>N8a869(c(beba>Oa975>V(`464d8j864bV(=9c(eO9(69O>G9(ke>(=9(geO`84O9d4(>O()=85>V(b8(b>(=9`>(>O()454678995NeO9(d>(>ba9b(`4b9b(f4dG]9(>ba9G(>O(fG475>69bV(54(ke>(i964b(=9`>G(>O(59a9Gd>(̀ 4O(;>GO9Gd4(>b(G>i8b9G(9bf>`a4b(d>(̀ _64(G>Ne59G(c(̀ 4OaG459G(>5(b8ba>69d>(b95edJ

S RS RS RS RS R

S ZS ZS ZS ZS Z

1G1G1G1G1GJ( ;J( ;J( ;J( ;J( ;>G>G>G>G>GO9GO9GO9GO9GO9Gd4( ?9Gd4( ?9Gd4( ?9Gd4( ?9Gd4( ?9Gaaaaa4G4G4G4G4G>5>5>5>5>5 5( @e>G5( @e>G5( @e>G5( @e>G5( @e>GG9JG9JG9JG9JG9J3)=3)=3)=3)=3)=88888 5>:5>:5>:5>:5>:

"b(6>d8`4()8Gej9O4(d>(59($O8i>Gb8d9d(d>()=85>J(?9N]ba>G(>O(+95ed(fe758`9(d>59($O8i>Gb8d9d(d>(D9Gi9GdJ("b(d8G>`a4G(d>(59(69>baG]9(>O(b95ed(fH758`9((d>(59$O8i>Gb8d9d(0OdGhb(;>554(>O()=85>J("b(`4Obe5a4G(>O(a>69b(d>(>`4O46]9(d>(59b95edJ

S TS TS TS TS T

."@$,."@$,."@$,."@$,."@$,00000)%I*"+( F( )')%I*"+( F( )')%I*"+( F( )')%I*"+( F( )')%I*"+( F( )'*-.*-.*-.*-.*-.''''',"+( 1"( ,,"+( 1"( ,,"+( 1"( ,,"+( 1"( ,,"+( 1"( ,'+( +%+-"?'+( +%+-"?'+( +%+-"?'+( +%+-"?'+( +%+-"?0+0+0+0+0+1"( +1"( +1"( +1"( +1"( +0,0,0,0,0,$1J( ",( )0+'( )D%,"*'J$1J( ",( )0+'( )D%,"*'J$1J( ",( )0+'( )D%,"*'J$1J( ",( )0+'( )D%,"*'J$1J( ",( )0+'( )D%,"*'J

19Od4( 8O8`84(95( a>G`>G(6_de54(d>( 59(<()Ma>dG9( %Oa>GO9`84O95(d>(0OM58b8b( c"i95e9`8_O( d>(&45]a8`9b( &H758`9bV( b>( d>b9GG4559GM( 59( b>b8_O( d>( b95ed( `4O( 59fG>b>O`89(d>5(d4`a4G(;>GO9Od4(?9Oa4G>558(@e>GG9V(6hd8`4()8Gej9O4(d>(59($O8Qi>Gb8d9d(d>()=85>V(69N8ba>G(>O(+95ed(&e758`9(d>(59($O8i>Gb8d9d(d>(D9Gi9GdV9`ae956>Oa>( >b( d8G>`a4G( d>( 59( 69>baG]9( d>( b95ed( fH758`9( d>( 59( $O8i>Gb8d9d0OdGhb(;>554(d>()=85>V(d8G>`a4G(d>5(D4bf8a95(d>()eG9`9i](>O()=85>(c(`4Obe5a4G>O(a>69b(d>(>`4O46]9(c(b95edJ

"5(a>69(9(aG9a9G(b>GM(59(G>Ne59`8_O(c(>5(`4OaG45(d>5(b8ba>69(d>(b95ed(>O()=85>ld9G>64b(8O8`84(̀ 4O(59(b8Ne8>Oa>(fG>NeOa9U(o#eh(a8>O>(d>(>bf>`895(>5(b8ba>69(d>b95edp(-4d4b(a>O>64b(95NeO9(G>59`8_O(`4O(>5(b8ba>69(d>(b95edV(78>O(b>9(`464ebe9G84b(4(f4Gke>(a>O>64b(g968589G>b(ke>(=9O(>ba9d4(>Og>G64bJ("O(646>Oa4b9b]V(`e9Od4(b>(>baM(>Og>G64(4(b>(a8>O>O(95NHO(g968589G(>O(59(68b69(b8ae9`8_OVO4(b>(̀ 4O4`>(>5(fG4`>d868>Oa4(ke>(b>(d>7>(55>i9G(9(̀ 974V(keh(aG9a968>Oa4(d>7>dMGb>5>(c(d_Od>(d>7>(b>G(55>i9d4(c(>b(955](d4Od>(beGN>O(6e`=9b(8O`>Ga8de6Q7G>bV(ke>(>O(>ba>(646>Oa4(a9O(d>58`9d4(b>(̀ 4Oi8>Ga>O(>O(fG475>69b(c(b47G>(54bke>(b>(d>7>O(a469G(d>`8b84O>b(ke>(>O(6e`=9b(4`9b84O>b(O4(b4O(G9`84O95>bJ0=4G9V(>5(b>`a4G(b95ed(a8>O>(4aG9b(f9Ga8`e59G8d9d>b(O4(b4596>Oa>(d>bd>(>5(feOa4d>(i8ba9(]Oa864(c(f>Gb4O95(b8O4(d>bd>(>5(>`4O_68`4J()464(b>(6>O`84O_(9Oa>QG84G6>Oa>V(>b(eO(b>`a4G(d>5(ke>(f4dG]9O(d>69Od9Gb>(i8Gae956>Oa>( 8Og8O8a9bfG>ba9`84O>bV(f4G(>j>6f54(a>O>G(eO(6hd8`4(d>(̀ 97>`>G9(9`46f9n9Od4(9(̀ 9d9f>Gb4O9(44((=9`>G5>(>qM6>O>b(a4d4b(54b(d]9b(c(ke>(a4d9(59(f4759`8_O(aei8>G99``>b4(9(59(b95edV(f>G4(d>(>ba9(69O>G9(59(d>69Od9(f4G(b>Gi8`84b(b>G89(8Og8O8a9J&>G4(>O(G>958d9dV(̀ 46f9G9Od4(>OaG>(f9]b>b(>5(O8i>5(d>(8ONG>b4b(̀ 4O(>5(̀ 4Obe64d>(b>Gi8`84b(d>(b95ed(b>(i>(ke>(>5(b>NeOd4(>b(̀ 9d9(i>^(6Mb(95a4V(>ba4(>b(54(ke>b>( 55969(eO(b>Gi8`84(d>( 5ej4U(`4O(69c4G>b( 8ONG>b4b(b>(fe>d>(9``>d>G(9(eO6>j4G(b>Gi8`84(d>(b95edJ

"q8ba>O(`4Od8`84O>b(>O(>5(geO`84O968>Oa4(d>(eO(6>G`9d4(`46f>a8a8i4(ke>(O4b>(`e6f5>O(>O(>5(b>`a4G(d>(b95edV(54b(>`4O468ba9b(d8`>O(ke>(`e9Od4(b>(ke8>G>ke>(eO(6>G`9d4(geO`84O>(78>O(b>(O>`>b8a9(d>(`4Obe68d4G>b(`4O(8Og4G69`8_Of>Gg>`a9(9`>G`9(d>(54(ke>(>baMO(̀ 4Obe68>Od4(cV(̀ 464(b>(̀ 46>Oa979(9Oa>G84GQ6>Oa>V(>b4(O4(b>(`e6f5>(`e9Od4(b>(>baM(>Og>G64(d9d9b(59b(8O`>Ga8de67G>bbeGN8d9b(f4G(>5(b>Gi8`84(ke>(b>(5>(i9(9(fG>ba9GJ(+>(fG>b>Oa9(>Oa4O`>b(9b86>aG]9d>(8Og4G69`8_O(b47G>(59(`958d9d(d>5(fG4de`a4V(b47G>(`eMOa4(d>5(fG4de`a4(b>O>`>b8a9l( 9b]( a9678hO(d>f>Od>64b(d>(eO9( G>59`8_O(d>(9N>Oa>(>O(d4Od>(>56hd8`4(a469(59b(d>`8b84O>b(f4G(>5(f9`8>Oa>V(>5(6hd8`4(G>`468>Od9(>5(aG9a9Q68>Oa4V(>5(fG4`>d868>Oa4V(>5(>q96>O(4(>5(6>d8`96>Oa4V(>b(f4G(>ba4(ke>(>O(>ba9G>59`8_O(d>(9N>Oa>(`97>(59(f4b87858d9d(ke>(95(6hd8`4(ke>(b>(5>(>baM(f9N9Od43f4G(fG>ba9`8_O(d>5(b>Gi8`84:(b>(5>(f9N9G9(f4G(`9d9(`8GeN]9(ke>(G>958^9(c(f4G(54

Y WY WY WY WY W

a9Oa4(hba>(8Oa>Oa9GM(G>958^9G(6Mb(`8GeN]9bV(8Ne95(f9b9(`4O(>5(OH6>G4(d>(`4OaG4Q5>bU(>OaG>(6Mb(`4OaG45>b(G>958`>(6Mb(d8O>G4(G>`878GM(c(>ba4(N>O>G9GM(ke>(>56hd8`4(̀ 8a>(9(69b(̀ 4OaG45>b(9(eO(f9`8>Oa>(ke>(ke8^Mb(O4(54(G>ke8>G9V(54(̀ e95(>b`4O4`8d4(`464(59(8Ode``8_O(d>(59(d>69Od9J(-9678hO(>O(>5(b>`a4G(b95ed(b>>i8d>O`89(`_64(59b(9b>NeG9d4G9b((7eb`9O(`9faeG9G(59b(f4759`84O>b(6Mb(b9QO9bV((a>O>G(d>OaG4(d>(beb(9g8589d4b(f>Gb4O9b(ke>(O4(i9c9O(9(>Og>G69Gb>(6e`=4Vc9(ke>(b8(>Og>G69O(b>(i9O(9(8O`G>6>Oa9G(54b(`4ba4b(f9G9(59(9b>NeG9d4G9V(>ba4b>( `4O4`>( `464( 59( >q`5eb8_O( 4( d8b`G868O9`8_O( f4G( G8>bN4( 4( b>5>``8_O( f4GG8>bN4J

0d>6Mb( d>( >ba9b( g9559b( d>( 6>G`9d4V( 59b( 9b>NeG9d4G9b( fG>b>Oa9O( 6e`=9b>qa>GO958d9d>bV(ke>(b4OV(>O(5>ONe9j>(>`4O_68`4V(7>O>g8`84b(4(f>Gje8`84b(ke>4`eGG>O(9(a>G`>G9b(f>Gb4O9b(>O(>5(̀ 4Obe64(d>(eO(78>OV(f4G(>j>6f54(̀ e9Od4(b>`46fG9(eO(9ea4(c(`4O(59(ea858^9`8_O(d>(>ba>(b>(`4Oa968O9(>5(98G>(>68a8>Od4N9b>b(ke>(b4O(f>58NG4b4b(f9G9(59(b95edV(b>(N>O>G9(Ge8d4V(b>(ea858^9(>bf9`84V`4ON>ba84O9J("ba9b(b4O(>qa>GO958d9d>b(4(f>Gje8`84b(ke>(O4(b>(f9N9G4O(̀ e9Od4b>(`46fG9(>5(9ea4l(f>G4(a9678hO(>q8ba>O(>qa>GO958d9d>b(f4b8a8i9b(`464(>O(>5`9b4(d>(59(b95edV(`e9Od4(b>(G>958^9O(j4GO9d9b(d>(i9`eO9`8_O(O4(b454(b>(>baMfG4a>N8>Od4(95(i9`eO9d4(b8O4(b>(>i8a9(ke>(4aG4b(b>9O(̀ 4Oa9N89d4bV(59(>qa>GO958d9df4b8a8i9( >b( 59( fG4a>``8_OV( d>( 8Ne95(69O>G9( >O( `9b4b( `464( 54b( d>( 59( b95ed6>Oa95(O4(b4596>Oa>(b>(fG4a>N>(9(59(f>Gb4O9(ke>(G>`87>(>5(aG9a968>Oa4(b8O4(b>7>O>g8`89(9(59b(f>Gb4O9b(ke>(=9`>O(f9Ga>(d>(be(OH`5>4(g968589G(+>(`G>>(ke>`e9Od4(eO(78>O(N>O>G9(>qa>GO958d9d>b(O>N9a8i9b(a8>Od>(9(b>G(b47G>(fG4de`8d4c(9(a>O>G(6Mb(̀ 4Obe64(c9(ke>(O4(b>(>baMO(f9N9Od4(54b(̀ 4ba4b(>qa>GO4b(ke>(b>N>O>G9O(`e9Od4(b>(fG4de`>(4(`4Obe6>J

'aG9(9G8ba9(d>( 59(b95ed(ke>(d>7>(b>G( aG9a9d9(>b( 59(b8Ne8>Oa>U(oa8>O>( 59(b95ed95NHO( i954G(64G95( >O( b]( f9G9( `4O( 59( jeba8`89( b4`895pV( oa8>O>( 59( b95ed( 95NeO986f4Ga9O`89(ke>((O4b(=9`>(f>Ob9G(ke>(a4d4b(d>7>O(a>O>G(59(68b69(̀ 958d9dV(54b68b64b(b>Gi8`84bV(59b(68b69b(4f4GaeO8d9d>bp("ba9(fG>NeOa9(b>(`46f58`9(`4O54(ke>(5596964b(54b(d>a>G68O9Oa>b(b4`895>bV(ke>(b>(G>g8>G>O(9(59b(`4Od8`84O>bb4`895>b(ke>(8Og5ec>O(b47G>(>5(>ba9d4(d>(59(b95edV(`464(>j>6f54(d>(>ba4(f4d>Q64b(>i8d>O`89G(ke>(59(64Ga958d9d(>O()=85>(=9(d8b68Oe8d4(9( 54( 59GN4(d>(54b9n4b(f4G(54b(O8i>5>b(d>(>de`9`8_O(d>(59b(6ej>G>bV(b8>Od4(59(>de`9`8_O(>Oa4O`>beO(d>a>G68O9Oa>(86f4Ga9Oa>(b4`895(>O(b95edJ("Oa4O`>b(`e9Od4(=975964b(d>jeba8`89(b4`895(b97>64b(ke>(>O(b95ed(b4O(6Mb(f>Gjed8`9d9b(59b(f>Gb4O9b(ke>a8>O>O(eO(79j4(O8i>5(d>(>b`459G8d9dV(ke>(a8>O>O(8ONG>b4b(6Mb(79j4bV(ke>(i8i>O>O(79GG84b(6Mb(f>58NG4b4b(c(4aG9b(`4Od8`84O>b(d>5(68b64(a8f4J('aG9(d>( 59b>ba9d]ba8`9b(O4b(6e>baG9(ke>(>5(SWw(d>(54b(G>be5a9d4b(>O(b95ed(b>(d>7>O(9`4Od8`84O>b(>`4O_68`9b(c(b4`895>bV(68>OaG9b(ke>(b454(>5(KSw(d>f>Od>(d>59``>b4(9(6hd8`4bV(9(9a>O`8_O(>O(b95edl(>5(!Sw(b>(9aG87e8G]9(9(9bf>`a4b(785_N8`4bc(N>Oha8`4bV(c(eO(!Ww(9(9bf>`a4b(g]b8`4b(c(>qa>GO4bJ

)4O(54(9Oa>G84G(O4b(f4d>64b(f59Oa>9G(59(fG>NeOa9(o#eh(>b(54(ke>(O4b(fG>4`eQf9(d>( 59b(f45]a8`9b( >O( b95edp( o)e95>b( b4O( 54b(47j>a8i4b( d>( eO9(f45]a8`9( >O

Y !Y !Y !Y !Y !

b95edp(&9G9(G>bf4Od>G(>ba9b(fG>NeOa9b(ea858^9Gh(eO(64d>54(`4O`>fae95(ke>8Oa>Oa9(=9`>G(6Mb(d8dM`a8`9(59(̀ 46fG>Ob8_O(d>(54b(b8ba>69b(d>(b95ed(c(̀ 468>OQ^9(f59Oa>9Od4(54b(47j>a8i4b(d>(eO(b8ba>69(d>(b95edV(>5(fG86>G4(b>G89(>i8d>Oa>Q6>Oa>(6>j4G9G(>5(>ba9d4(d>(b95ed(d>(eO9(f4759`8_OV(f>G4(a9678hO(=9c(4aG4b47j>a8i4b(ke>(b4O(86f4Ga9Oa>b(`464(b4O(6>j4G9G(59b(b9a8bg9``8_O(d>(54b(ebe9QG84b((c(6>j4G9G(59(fG4a>``8_O(g8O9O`8>G9J()e9Od4(=975964b(d>(fG4a>``8_O(g8QO9O`8>G9(O4b(G>g>G864b(9(ke>(59b(f>Gb4O9b(O4(8O`eGG9O(>O(N9ba4b(`9a9baG_g8`4b4(O4(>OaG>O(79j4(59(5]O>9(d>(59(f47G>^9(95(N9ba9G(beb(9=4GG4b(>O(>5(M678a4(d>(59b95edJ(8(78>O(>ba4b(b4O((54b(aG>b(47j>a8i4b(fG8O`8f95>b(ke>(9`e>Gd9O(59(69c4G]9d>(54b(>qf>Ga4b(b>(f4dG]9(d>`8G(ke>(59(fG4a>``8_O(g8O9O`8>G9(=9`>(f9Ga>(d>(59b9a8bg9``8_O(d>(54b(ebe9G84b(f>G4(b8>6fG>(>b(O>`>b9G84(d8g>G>O`89G54b(f9G9(O4G>ba9G5>(86f4Ga9O`89(9(O8ONeO4(d>(>554bJ

#e8b8hG964b(ke>(>5(b8ba>69(d>(b95ed(ge>G9(>g8`8>Oa>V(d>(`958d9d(c(`4O(7e>O9bf4b87858d9d>b(d>( 9``>b4( 9( 59(fG>ba9`8_O(d>5( b>Gi8`84V( 4aG4b( b>G89O(47j>a8i4b8Oa>G6>d84bV(54b(`e95>b(b4O(8ObaGe6>Oa4b(f9G9(54NG9G(54b(47j>a8i4b(g8O95>bV(>bd>`8G(O4(f4d>64b(a>O>G(eO(b8ba>69(6ec(>g8`8>Oa>(d>j9Od4(d>(59d4(54b(47j>a8i4bfG8O`8f95>b(d>5(b8ba>69(c(o`_64(6>j4G964b(c(G>Ne5964b(>5(b8ba>69pJ("5(b8ba>Q69( >b( `464( eO9( 6Mke8O9( ke>( a8>O>( S( f>G84d4b( d>( `4OaG45( ke>( b4Og8O9O`8968>Oa4V(b8ba>69(d>(f9N4V(b8ba>69(d>(4GN9O8^9`8_O(3`464(b>(4GN9O8^9>5(b8ba>69:V(`464(b>(G>Ne59(>5(b8ba>69(c(`464(ea858^9G(59(f>Gbe9b8_O(d>OaG4(d>5b8ba>69J()9d9(eO9(d>(>ba9b(b4O(54b(]a>6b(ke>(eO4(fe>d>(64d8g8`9G(f9G9(5e>N447b>Gi9G(>O(>ba>(b8ba>69(54b(G>be5a9d4bJ(,9(>qf58`9`8_O(d>(54(9Oa>G84G6>Oa>f59Oa>9d4( b>( =9GM( `4O( 79b>( >O( >5( b8ba>69( d>( b95ed( `=85>O4( aG9b( 59( H5a869G>g4G69J

)4O(g8O9O`8968>Oa4V(O4b(G>g>G864b(9(`_64V(ke8hO(c(`eMOa4(b>(G>`9ed9J(,9G>g4G69(d>5(KWWX(O4(̀ 9678_(59(>baGe`aeG9(7Mb8`9(d>(g8O9O`8968>Oa4V(54b(8ONG>Qb4b(d>(A'*0+0((3b>NeG4(fH758`4(d>(b95ed(>O(̀ =85>:(ke>(̀ 4O`>OaG9(>5(RXw(d>(59f4759`8_O(`=85>O9(c(d>(%+0&."(b8Ne>O(b8>Od4(54b(68b64bJ(,9(g8O9O`89`8_O(d>59b(%+0&."(i8>O>O(d>(G>`eGb4b(fG8i9d4b(ke>(`4O`>OaG9O(eO9(f4759`8_O(6MbG>de`8d9V(b454(>5(!Yw(=9`>O(f9Ga>(d>(eO9(%+0&."(c(̀ 4GG>bf4Od>O(9(eO(64Oa46Mb(NG9Od>(>O(d8O>G4(>O(>g>`a8i4(c9(ke>(54b(b959G84b(d>(>ba9b(f>Gb4O9b(b4O6e`=4(6Mb(95a4bJ("5(`96784(6Mb(86f4Ga9Oa>(ge>(>5(8O`G>6>Oa4(>O(eO(feOa4f4G`>Oae95(d>5(86fe>ba4(d>(i954G(9NG>N9d4(%<0(f9G9(g8O9O`89G((59b(N9G9Oa]9b>qf58`8a9b(>O(>5(b>`a4G(fH758`4(c(b>(8OaG4de`>(a9678hO(>5(̀ 4O`>fa4(d>5(A4Od4(d>`46f>Ob9`8_O(>O(d4Od>(eO9(%+0&."(ke>(a8>O>(eO9(f4759`8_O(d>(7>O>g8`89G84bd>(6Mb(>d9d(̀ 4O(6Mb(6ej>G>b(>baM(>O(d>bi>Oa9j9(̀ 46f9G9d9(̀ 4O(eO9(%+0&."`4O(eO9(f4759`8_O(6Mb( j4i>O(`4O(69b(=467G>bV( `4Ob8d>G9d4b(ke>( a8>O>O6>O4b(G8>bN4bV(>Oa4O`>b(̀ 4O`>fae956>Oa>(>b>(g4Od4(d>(̀ 46f>Ob9`8_O((N>O>G9eO(g5ej4(d>(d8O>G4(d>bd>(59b(%+0&."+(ke>(N>O>G9O(6Mb(d8O>G4(=9`89(59b(ke>a8>O>O(6>O4b(c(ke>(N>O>G9O(6Mb(G8>bN4V(b8O(>679GN4(ge>(dh785(>5(b8ba>69(d>`46f>Ob9`8_O(c9(ke>(8O8`8956>Oa>(b>(d>7]9(8O`5e8G(>5(b8ba>69(d>(b>NeG4(fH758Q`4(f9G9(ke>(b>(fed8>G9(=9`>G(54(68b64(`4O(59b(%+0&."(c(A'*0+0(9eOke>

Y KY KY KY KY K

>ba9(G>g4G69(O4(b>(G>958^_(f4G(O4(b>G(9`>fa9d9(f4G(̀ 8>Ga4b(NGef4b(f45]a8`4bJ(&4G4aG4( 59d4V( b>( g8j9G4O( 5]68a>b( >O( >ba9( G>g4G69(>O( 54b(f9N4b( ke>( G>958^9O( 59bf>Gb4O9b(f9G9(59b(f9a454N]9b(ke>(>baMO(N9G9Oa8^9d9bV(9b>NeG9Od4(59(fG4a>`Q`8_O(g8O9O`8>G9(ke>(>G9(eO4(d>(54b(47j>a8i4b(g8O95>bJ

"5(b8ba>69(d>(f9N4V(o)_64(5>(f9N964b(9(54b(fG4i>>d4G>bpV(`464(b>(6>O`84QO_(9Oa>G84G6>Oa>V(b8(9(54b(6hd8`4b(b>(5>b(f9N9(f4G(fG>ba9`8_O(b>(fe>d>(8Ode`8G9(>ba4b(9(G>958^9G(6Mb(fG>ba9`84O>b(d>(59b(ke>(b4O(>baG8`a96>Oa>(O>`>b9G89bVf4G(4aG4(59d4(b8(b>(5>b(f9N9(eO9(b959G84(g8j4(O4(i9O(9(a>O>G(O8ONHO(8O`>Oa8i4Vf4G(54(a9Oa4(b>(i>O(b8ae9`84O>b(>O(59b(ke>(54b(6hd8`4b(d>(=4bf8a95>b(fH758`4b(O4ke8>G>O(9a>Od>G(9(54b(f9`8>Oa>b(c9(ke>(b>G]9(6Mb(aG979j4(f4G(eO(68b64(f9N4J,4b(6>`9O8b64b(d>(f9N4(>O()=85>(>O(>5(b>`a4G(fe758`4(d>(59(9a>O`8_O(fG869QG89V(b>(g8O9O`89O(f4G(eO(f9N4(f>G(`Mf8a9U(f4G(`9d9(f>Gb4O9(ke>(>baM(8Ob`G8a9>O(59(9a>O`8_O(fG869G89(d>(eO(6eO8`8f84V(59(>Oa8d9d(G>`87>(eO(64Oa4(ke>(>b>ke8i95>Oa>(9fG4q869d96>Oa>(9(b>8b(d_59G>b(6>Obe95>bV(>b4(b>(9jeba9(f4G(O8i>5d>(f47G>^9(c(f4G(G9^4O>b(N>4NGMg8`9bJ

,4b(6eO8`8f84b(fe>d>O(̀ 454`9G(eO9(f9Ga>(d>5(g8O9O`8968>Oa4V(̀ 4b9(ke>(4`eGG>fG8O`8f956>Oa>(>O(6eO8`8f84b(ke>(a8>O>O(69c4G>b(8ONG>b4b(54b(̀ e95>b(9f4Ga9O6Mb(9(b95edJ("ba9(b8ae9`8_O(O4(`9678_(`4O(59(G>g4G69(b8O4(ke>(b>(86f5>6>Oa9d>( 59( 68b69( 69O>G9( =9`>( !S( 9n4bJ( ,4b( =4bf8a95>b( fH758`4b( b>( g8O9O`89O6>d89Oa>(d4b(6>`9O8b64b(7Mb8`4bU(eO(f9N4(ke>(d>f>Od>(d>(59(`9Oa8d9d(d>d8O>G4(ke>(G>`878_(>5(9n4(f9b9d4V(7Mb8`96>Oa>(eO(`G8a>G84(=8ba_G8`4(ke>(>b55969d4(>5(f9N4(d>(fG>ba9`84O>b(8Oba8ae`84O95>b(3&&%:(c(eO(f9N4(f4G(fG>ba9Q`8_O(55969d4(f9N4(d>(fG>ba9`84O>b(i954G9d9b(3&&<:J

"5( &&<(O4( >b( `464( b>( `46>Oa979( 9Oa>G84G6>Oa>V( ke>( b>( 5>b( f9N979(f4GfG>ba9`8_O(85868a9d9V(b8O4(ke>(95(fG8O`8f84(d>5(9n4(b>(O>N4`89(>OaG>(>5(9b>NeG9Qd4G(c(54b(=4bf8a95>b(̀ eMOa4(d>(>b9(fG>ba9`8_O(i9O(9(G>958^9GV(>b(d>`8GV(b>(g8j9(eO64Oa4(c(`9Oa8d9dV(f4G(>j>6f54(59(G>958^9`8_O(d>(!WW(`8GeN]9b(>O(>5(9n4(`4O`8>Ga4(i954G(fG>>ba975>`8d4V(b8(b>(55>N9b>O(9(b47G>f9b9G(d>(59b(!WW(O4(5>b(b>GMOf9N9d9bJ("ba4b(b4O(54b(6>`9O8b64b(d>(f9N4(c(b4O(d8O>G4b(ke>(g5ec>O(9(aG9ihbd>(54b(b8ba>69b(d>(b95edV(>b(86f4Ga9Oa>(9`59G9G(ke>(O4(b4O(6ec(9ea_O464b(54b=4bf8a95>bV( b8O4(ke>(d>f>Od>O(79ba9Oa>(d>5( b8ba>69(d>( b95ed(ke>(9( be(i>^d>f>Od>(d>5(68O8ba>G84(d>(b95edV(>Oa4O`>b(>5(b8ba>69(d>(b95ed(fe>d>(G>a>O>Gd8O>G4b(d>5(=4bf8a95(c(G>d8baG87e8G54b(>OaG>(54b(d8g>G>Oa>b(=4bf8a95>b(d>(eO9(68bQ69(^4O9(N>4NGMg8`9J

'aG4(`96784(d>(59(G>g4G69(>O(`e9Oa4(9(59b(N9G9Oa]9b(>qf58`8a9b(b>(G>g8>G>(9(59>ba86e59`8_O(d>(54b(6>`9O8b64b(d>((f9N4b(fG4bf>`a8i4bV(ke>((b8NO8g8`9(ke>(b>f9N9(95(fG>ba9d4G(3f4G(>j>6f54:(f4G(`9d9(`9b4(d>(9f>Od8`8a8b(eO9(`9Oa8d9d(d>d8O>G4(b8O(86f4Ga9G(ke>(59(f>Gb4O9(>ba>(i9G84b(4(f4`4b(d]9b(=4bf8a958^9d9V(c9b>(g8j4(eO(64Oa4(ke>(b8>6fG>(i9(9(b>G(>5(68b64V(d>(>ba9(g4G69(>5(9b>NeG9d4Gb97>(keh(64Oa4(i9(9(f9N9G(f4G(̀ 9d9(̀ 9b4(c(a8>O>(6>O4b(G8>bN4(g8O9O`8>G4J(&4G

Y LY LY LY LY L

>ba4(A'*0+0((>ba9(>O(eO9(`96f9n9(f9G9(9e6>Oa9G(54b(f9N4b(>O(>ba9(64d9Q58d9d((`4O(>5(47j>a8i4(d>(8O`>Oa8i9G(ke>(b>(G>958`>O(6Mb(b>Gi8`84b(d9d4(ke>(>5=>`=4(d>(d9G(9(eO(=4bf8a95(eO(f9N4(=8ba_G8`4(54(HO8`4(ke>(N>O>G9(>b(59(O48OO4i9`8_O(c(59(O4(fG>ba9`8_O(d>(6e`=4b(b>Gi8`84bV(9=4G9(59b(%+0&."+(9(bei>^(a9678hO(>6f8>^9O(9(N>O>G9G(`4Oi>O84b(`4O(fG>ba9d4G>bV(c(>b(9ke](d4Od>b>( i>( `_64( b>( >6f8>^9(9( `G>9G( G>d>b(d>(fG>ba9d4G>b(d>( 54b( 9b>NeG9d4G>bfG8i9d4bV( ke8>O>b( `468>O^9O( 9( a>O>G( 69b( G>59`8_O( `4O( `8>Ga4b( NGef4b( d>fG>ba9d4G>b(c(>ba4(fe>d>(a>O>G(95NeO4b(>g>`a4b(b>(d>b9GG4559GMO(>O(>5(aG9b`eGb4d>(59(f4O>O`89J

1>( 8Ne95( 69O>G9V( >q8ba>O( 6H5a8f5>b( f9N4b( 9b4`89d4b( 9( 6>a9b( >O( >5( b>`a4GfH758`4V(`464(59b(b9O8a9G89b(ke>(68d>O(>5(OH6>G4(d>(>qM6>O>b(fG>i>Oa8i4bke>( b>( G>958^9O( >O( 59( 9a>O`8_O( fG869G89V( b8( 54NG9O( >5( ZWw( d>( 59( f4759`8_OG>`87>O(eO(74O4(d>(8O`>Oa8i4J(D9c(a9Oa4b(a8f4b(d>(>ba4b(74O4bV(ke>(>5(b8ba>69fe>d>( G>be5a9G( `4Ogeb4( >O( 95NHO( 646>Oa4( c( a4d4( 8O`>Oa8i9d4( d>bd>( >568O8ba>G84J

(0( 59(4GN9O8^9`8_O(d>5( b>`a4G( b95ed(>O()=85>( `4O( 59( G>g4G69( b>( 5>( G>958^9O95NeO4b(`96784bV(>5(fG86>G4(>b(>5(g4Ga95>`868>Oa4(d>5(?8O8ba>G84(d>(+95ed(c9ke>(>ba>(>b(>5(>O`9GN9d4(d>(59(G>`a4G]9(d>5(b>`a4GV((d>(59(g8j9`8_O(d>(f45]a8`9bfH758`9b(c(d>(>j>G`>G(eO(9d>`e9d4(`4OaG45(b47G>(be(`e6f5868>Oa4(c(N>ba8_OJ)4O(>ba>(g8O(b>(d8i8d>(>5(?8O8ba>G84(d>(+95ed(>O(d4b(G969bU(59(+e7b>`G>a9G89(d>+95ed(&H758`9(c(59(+e7b>`G>a9G89(d>(.>d>b(0b8ba>O`895>bV(>ba9(H5a869(f9G9(ke>69O>j>(59(N>ba8_O(d>(a4d4(54(ke>(a8>O>(ke>(i>G(̀ 4O(54b(=4bf8a95>b(c(̀ 4Obe5a4G84bJ+>(f9Ga>(d>(ke>(a4d4(54(ke>(a8>O>(ke>(i>G(`4O(9a>O`8_O(>O(b95ed(O4(fe>d>(b>G6>^`59d4(`4O(59(4aG9(G969(ke>(>b(59(d>(b95ed(fH758`9(ke>(a8>O>(ke>(i>G(`4Oa4d4(54(ke>(>b(fG>i>O`8_OV(i8N859O`89(c(59b(̀ 4Od8`84O>b(b9O8a9G89b(d>5(>Oa4GO4(c>5(d>(`9d9(eO9(d>(>ba9b(MG>9bJ

05( 8Oa>G84G(d>( 59b(+e7b>`G>a9G]9b(d>(+95ed(&H758`9( b>(`G>9OV( 59b(+>`G>a9G89b?8O8ba>G895>b({.>N84O95>b(d>(+95ed(d>(59b(`e95>b((=9c(eO9(>O(`9d9(G>N8_O(cgeO`84O9O(̀ 464(>5(7G9^4(4f>G9a8i4(d>5(?8O8ba>G84(d>(+95ed(>O(59b(G>N84O>bJ(1>59(+e7b>`G>a9G]9(d>(+95ed(&H758`9(c(d>(59(+e7b>`G>a9G89(d>(.>d>b(0b8ba>O`895>bd>f>Od>O(54b(b>Gi8`84b(d>(b95edV(=9c(KT(>O()=85>(ke>(>baMO(9(54(59GN4(d>(a4d4>5(f9]b(`4O(eO9(^4O9(N>4NGMg8`9(d>5868a9d9(ke>(`4GG>bf4Od>(>O(95NeO9(6>d8Qd9(`4O(54b(d8baG8a4bJ

,4b(b>Gi8`84b(d>(b95ed(a8>O>O(9(be(`9GN4(54b(=4bf8a95>bV(ke>(`9d9(i>^(b4O(6MbV6Mb(NG9Od>b(c(a8>O>O(d>(a4d4b(54b(>bf>`8958ba9bV(6Mke8O9b(c(NG9O(`9Oa8d9d(d>b>Gi8`84bV(b4O(=4bf8a95>b(9ea4(N>ba84O9d4b(>O(G>dV(b>(5>b(d9(95NeO9(9ea4O46]9>O(59(N>ba8_OV(59(6Mq869(f4b875>(d>OaG4(d>(59(5>N958d9d(fH758`9V(b8O(=9`>G54b9ea_O464bV(b8O(`4Gf4G9a8i8^9G54bJ(,4b(d8G>`a4G>b(d>(=4bf8a95>b(a8>O>O(95NeO9bg9`e5a9d>b(=4c(d]9(ke>(O4(a>O]9O(9Oa>b(d>(59(G>g4G69V(>5(fG475>69(fG8O`8f95(b>=9(fG>b>Oa9d4(>O( 59(`9f9`8d9d(d>(N>ba8_O(d>( 54b(68b64b(ke>(9HO(>b(6ec

Y XY XY XY XY X

d>b8Ne95(c9(ke>(=9c(=4bf8a95>b(ke>(54NG9O(b8ba>69b(d>(N>ba8_O(79ba9Oa>(9i9OQ^9d4b(c(4aG4b(ke>(O4(a8>O>O(59(68b69(g4GaeO9l(9ke](b>(>O`e>OaG9(59(9a>O`8_OfG869G89(ke>(c9(b>(̀ 46>Oa_(9Oa>G84G6>Oa>J(&4G(4aG4(59d4(>baM(59(bef>G8Oa>Od>O`89d>(b95edV(ke>(O4(d>f>Od>(d>5(68O8ba>G84(c( b>(>O`9GN9(d>( 59( g8b`958^9`8_O(c`4OaG45(d>5(geO`84O968>Oa4(d>(54b(b>NeG4b(c(fG>ba9d4G>b(fH758`4b(c(fG8i9d4bJ(+>f>G68a>( `4O( 59( G>g4G69( ke>( A'*0+0( `46fG>( b>Gi8`84b( 95( b>`a4G( fG8i9d4VA'*0+0(O4(>baM(4758N9d4(9(O>N4`89G(`4O(>5(b>`a4G(fH758`4(9eOke>(N>O>G95Q6>Oa>(54(fG>g8>G>(f4Gke>(5>(b95>(6Mb(79G9a4V(f>G4V(`e9Od4(eO9(N9G9Oa]9(O4(b>`e6f5>(>O(>5(b>`a4G(fH758`4V(eO9(N9G9Oa]9(d>(59b(ke>(>baMO(9`ae956>Oa>(>O(>558ba9d4V(A'*0+0(>baM(9ea4G8^9d4(f9G9(̀ 46fG9G(>ba>(b>Gi8`84(95(b>`a4G(fG8i9d4c(d>(=>`=4(>baM(4758N9d4(9(`4Ob>Ne8G(4aG4(4f>G9d4GJ

,9(f>Gbe9b8_O(>b(eO9(d>(59b(>baG9a>N89b(d>(`96784(`4Ode`ae95>bV(d>(`46f4GQa968>Oa4V(eO9( g4G69(d>(`4>G`8_O(f9G9(ke>( 59b(f>Gb4O9b(c( 59b( 8Oba8ae`84O>b`9678>O(be(`4Ode`a9l(59(G>Ne59`8_OV(59(fG4=878`8_O(ea858^9O(69b(>5(f4d>G(d>(59`4>G`8_O(d>5("ba9d4(̀ 4O(8O`>Oa8i4b(f4G(̀ 8>Ga9b(̀ 4Ode`a9b(c(59(8Og4G69`8_O(c(59f>Gbe9b8_O(>bf>G9O(54NG9G(̀ 96784V(f4G(>j>6f54(b8(b>(5>(8Og4G69(9(59(f4759`8_Oke>(ke8>O(ge69(9e6>Oa9(be(fG4797858d9d(d>(6e>Ga>(>O(eO(LWw(9(54(6>j4G(>b>d9a4(i9(9(`96789G(59(`4Ode`a9(ke>(b>(a8>O>V(>ba>(>Og4ke>(`9678_(59(`4Ode`a9d>(59b(f>Gb4O9b(95(64baG9G5>b(ke>(a8>O>O(d>G>`=4bV(ke>(>5(b>Gi8`84(d>7>(b>GfG>ba9d4V( f9G9( `G>9G( eO9( `8ed9d9O]9( 6Mb( 9`a8i9( c( ke>( G>`5969G9( bebd>G>`=4bJ

"5(eb4(d>(59b(Ne]9b(`5]O8`9b(ke>(b>(86f5>6>Oa9d4(N>O>G_(eO9(aG9b`>Od>O`895e>N4(d>(59(G>g4G69U(59(`46eO8d9d(6hd8`9(9d4fa_(>ba9(58ba9V(O4(a9Oa4(>O(54bfG4a4`454bV(>ba9(b8Gi>(f9G9(`4O4`>G(54b(aG9a968>Oa4b(c(c9(ke>(54b(6hd8`4b(O4a8>O>O(9``>b4(9(`9f9`8a9`8_O(`4Oba9Oa>V(>ba9( 5>b(f>G68a>(`4O4`>G( 54b(aG9a9Q68>Oa4b(d8bf4O875>bV(f>G4(`e9Od4(>5(fG4a4`454(4758N9(95(6hd8`4(9(b>Ne8G(`8>GQa4b(aG9a968>Oa4b(c(69O>j4b(b>(N>O>G9(69b(G>b8ba>O`89(f4G(f9Ga>(d>(>554bJ

"5(68O8ba>G84(̀ G>9(>qM6>O>b(fG>i>Oa8i4b(ke>(b>(d8geOd>O(96f5896>Oa>V(=4c(>Od]9(b>(=9`>O(9(54(59GN4(d>(a4d4(>5(`8`54(i8a95(>b(d>`8GV(>O(O8n4bV(9d45>`>Oa>bV6ej>G>bV(=467G>b(c(9de5a4b(69c4G>bl(b>(=9`>O(a9678hO(j4GO9d9b(f9G9(`96Q784b(d>(>ba854(d>(i8d9(`464(b4O(m>58N>(i8i8G(b9O4m(>OaG>(4aG9bV(c(=9c(9d>6MbeO9(a>Od>O`89(d>(8Og4G69`8_O(>O(>5(b>`a4GV(ke>(b>(d9(9(O8i>5(6eOd895(c(a9678hO9`46f9n9(59(G>g4G69(>O()=85>(d4Od>(̀ 9d9(i>^(6Mb(>O(54b(=4bf8a95>b(c(̀ >OaG4bd>(b95ed(>ba964b(̀ 4Oa9Od4(̀ 4O(6Mb(=>GG968>Oa9b(8Og4G6Ma8`9bV(g8`=9b(̀ 5]O8`9bf>G4(9eO( 59( 8Og4G69a8^9`8_O(=9( b8d4(6ec(d>b9NG>N9d9V(=9c(=4bf8a95>b(f4G>j>6f54(ke>(`4OaG9a9O(`4O(eO9(>6fG>b9(eO9( g8`=9(`5]O8`9(ke>(O4( a8>O>(O8G>59`8_O(O8(`9f9`8d9d(`9f9`8d9d(d>(`4Oi>Gb9G(`4O(4aG4(b8ba>69V(>Oa4O`>b(b8(>5f9`8>Oa>(b>(i9(9(4aG4(=4bf8a95(c(O4(a8>O>(̀ 464(G>b`9a9Gb>(>b9(8Og4G69`8_OV(59b>6fG>b9b(6e`=9b(i>`>b(O4(`e6f5>O(`4O(54b(>baMOd9G>b(ke>(b>(G>ke8>G>O(c9eOke>(=9c(95NeO4b(>bge>G^4b(f9G9(G>b45i>G(>b4(9HO(>b(eO(NG9O(d>b9g]4(>OOe>baG4(b8ba>69J()4O(59(8Oa>O`8_O(d>(9e6>Oa9G(59(f9Ga8`8f9`8_O(`8ed9d9O9(b>

Y SY SY SY SY S

`G>9O(`4Ob>j4b(`4Obe5a8i4b(>O(`9d9(=4bf8a95V(b4O(NGef4b(d>(59(`46eO8d9d(ke>9f4c9O(59b(d>`8b84O>b(d>5(=4bf8a95J

,9( G>Ne59`8_O( `464(78>O( b97>64b( >b( eO9(6>d8d9V( O4G69(4( 8Oa>O`8_O(d>5N478>GO4(ke>(7eb`9(`96789G(>5(`46f4Ga968>Oa4(d>(8Od8i8de4b(4(8Oba8ae`84O>bc(b>(79b9(fG8O`8f956>Oa>(>O(>5(f4d>G(d>(`4>G`8_O(d>5("ba9d4V(g8O956>Oa>(>b>ba>(9(aG9ihb(d>(be(ge>G^9(fH758`9(ke>(>j>G`>(>5(f4d>G(d>(59(G>Ne59`8_OV(b8(59f>Gb4O9(O4(`e6f5>(`4O(59(O4G69a8i9(=97GM(b9O`84O>b(fG4NG>b8i9bV(8O`5eb4(59bebf>Ob8_O(d>(59(587>Ga9d(d>(59b(f>Gb4O9bV(>Oa4O`>b(59(G>Ne59`8_O(b>(79b9(>O>b>(f4d>G(̀ 4>G`8a8i4(c(b8>6fG>(59b(f>Gb4O9b(ke>(b4O(G>Ne59d9b(i9O(9(G>b8ba8Gb>c9(ke>(O4(a4d4b(9`>fa9O(ke>(b>(5>b(86f4ON9O(`8>Ga9b(`4Ode`a9bJ

)e9Od4(b>(N>O>G9(eO9(G>Ne59`8_O(>b(86f4Ga9Oa>(ke>(95NeO4b(59(9d4fa>O(i45eOQa9G896>Oa>(V(>b(f4G(>ba4(ke>(O4(b>(fe>d>O(̀ G>9G(G>Ne59`84O>b(ke>(O4(i9O(9(b>G9d4fa9d9b(4(9d=>G8d9b(f4G(59b(f>Gb4O9bV(O4(fe>d>(>q8N]Gb>5>(9(95Ne8>O(eO9G>Ne59`8_O(ke>(O4(>b(9`9a9d9V(d>(9=](59(5>N8a868d9d(d>(59b(G>Ne59`84O>bJ(1>7>b8>6fG>(>q8ba8G(eO9(69c4G]9(ke>(59(9d4fa>(c(5>(d>(5>N8a868d9d(>b(f4G(>ba4(ke>54b(b8ba>69b(d>(̀ 4OaG45(c(g8b`958^9`8_O(i9O(4G8>Oa9d4b(9(>ba9(f>ke>n9(f4759`8_Oke>(b>(G>b8ba>J("b(8ON>Oe4(f>Ob9G(ke>(b>(fe>d>(`G>9G(eO9(G>Ne59`8_O(ke>(b>GM9`9a9d9(f4G(a4d4bV(f4G(>Od>(59(̀ 9f9`8d9d(d>(̀ 4OaG45(c(g8b`958^9`8_OV(O4(>b(gM`85G>Ne59G(c9(ke>(b>(O>`>b8a9O(̀ 4O4`868>Oa4b(ah`O8`4b(79ba9Oa>(̀ 46f5>j4b(c9(ke>>5( b>`a4G( b95ed(>b(>O( b](68b64(79ba9Oa>(`46f5>j4(`464(b>(47b>Gi9(>O( 59bf9Ga8`e59G8d9d>b(ke>(c9(=9O(b8d4(>qfe>ba9bJ(#e8>O(b>(d>d8`9(9(G>Ne59G(c(9`4OaG459G(>ba>(b8ba>69(O4(a8>O>(eO9(a9G>9(gM`85(c9(ke>(O>`>b8a9(`46fG>Od>G(59N547958d9d(f9G9(=9`>G54(d>(eO9(69O>G9(>g8`9^l(>O()=85>(b>(`8a9(9(`468b84O>bfG>b8d>O`895>b(f9G9(d>g8O8G(`8>Ga9b(G>g4G69bV(b>(`8a9(9(eO(NGef4(d>(>qf>Ga4bke>(>bahO(>O(`9f9`8d9d(d>(fG4f4O>G(eO9(f45]a8`9(fH758`9V(>ba4(=9(4`eGG8d4`4O(54b(47j>a8i4b(b9O8a9G84b(ke>(c9(=9O(b8d4(O467G9d4b(c(d>(8Ne95(69O>G9(̀ 4O4aG9b(̀ 468b84O>b(ke>(b>(=9O(G>eO8d4(f9G9(G>f59Oa>9G(eO9(Oe>i9(64d958d9d(d>g8O9O`8968>Oa4(d>(59b(%+0&&."+V(>5(G>Ne59d4G(c(>5(̀ 4OaG459d4G(O4(b4O(̀ 9f9`>bd>(fG>i>G(a4d9b(59b(b8ae9`84O>b(f4b875>bV(eO(>j>6f54(d>(>ba4(>O()=85>(b>(d9`e9Od4(eO4(b>(9g8589(9(eO9(%+0&."J(b>((a8>O>(ke>(55>O9G(eO9(d>`59G9`8_O(d>b95ed(>O( 59(`e95( b>(>qfG>b9(keh(>Og>G6>d9d>b( a8>O>(c(`eM5>b(O4(c( 59b(ke>f4b875>6>Oa>(fe>d>(55>N9G(9(a>O>G(f4G(fG>d8bf4b8`8_O(N>Oha8`9V(b8(95NeO9(d>(59b>Og>G6>d9d>b(ke>(b>(a8>O>(O4(b>(d>`59G9(59(%+0&."(O4(59(̀ e7G8GMV(>ba4b(b4O(54b6>`9O8b64b( ke>( 59b( %+0&."+( ea858^9O( f9G9( O4( `e7G8G( 59b( fG>>q8ba>O`89b( c>q`5e8G(9(59b(f4759`84O>b(6Mb(>Og>G69bJ("O()=85>(>q8ba>(59(5>c(9Oa8d8b`G868O9`8_OJke>( =9`>( 85>N95( ke>( 59b( %+0&."+( d8b`G868O>O( `8>Ga9b( f4759`84O>b( f4GfG>>q8ba>O`89bV(f4G(O8i>5(>`4O_68`4(4(f4G(`e95ke8>G(4aG9(b8ae9`8_OJ

1>( 8Ne95(69O>G9(>O( 59(G>Ne59`8_O(b>(G>ke8>G>(d>(7e>O4b(d9a4bV(`4Oa9G(`4OG>N8baG4b(d>(8Og4G69`8_O(c(`4Og8975>bJ("O()=85>(>q8ba>O(d4b(b8ba>69b(d>(8Og4GQ69`8_O( f9G9( d>ba9`9G( eO4( ke>( >b( >5( +%@"+( >5( `e95( >b( eO( fG4NG969`46fea9`84O95(ke>(b>(`G>_(f9G9(59(G>g4G69(>bf>`]g8`96>Oa>(f9G9(`4OaG459G(>O

Y YY YY YY YY Y

>5(b>`a4G(fH758`4(>5(̀ e6f5868>Oa4(d>(59b(N9G9Oa]9bV(f4G(54(a9Oa4(̀ 9d9(i>^(ke>(eOf9`8>Oa>(a8>O>(95NeO9(>Og>G6>d9d(4(b>(b4bf>`=9(ke>(59(fe>d>(a>O>GJ(>Oa4O`>b8O6>d89a96>Oa>(d>7>( b>G( 8ONG>b9d4(95( b8ba>69(d>( 8Og4G69`8_OV( >ba4(>b(eOd>7>G(d>(a4d4b(54b(=4bf8a95>b(c(a4d4b(54b(̀ 4Obe5a4G84b(c(f>G68a>(=9`>G(eO(b>Ne8Q68>Oa4(95(`e6f5868>Oa4(d>(59b(N9G9Oa]9bJ("b(eO(b8ba>69(8Og4G6Ma8`4(ke>(`4ba_8O8`8956>Oa>(86f5>6>Oa9G(c(>b(f9G95>54(9(a4d4b(54b(4aG4b(b8ba>69bV(>b(eO(>bge>GQ^4(9d8`84O95(f9G9(`4OaG459G(>ba9b(N9G9Oa]9b(f>G4(>b(eO(>bge>G^4(ke>(i95>( 59f>O9(=9`>GV

"5(4aG4(b8ba>69(8Og4G6Ma8`4(86f4Ga9Oa>(f9G9(G>b95a9G(>b(>5(i958d9d4G(d>(A'*0+03b>NeG4(fe758`4:(ke>(f4O>(9(d8bf4b8`8_O(d>(a4d9(59(G>d(59(8Og4G69`8_O(f9G9`4O4`>G(b8(b>(=9`>(f9Ga>(d>(A'*0+0(4(9(95NeO9(%+0&."V(d>(>ba9(69O>G9A'*0+0(f9N9(59b(fG>ba9`84O>b(9(59b(f>Gb4O9b(ke>(>baMO(9g8589d9b(9(>559(c(O49(f>Gb4O9b(ke>(O4(f>Ga>O>`>O(4(̀ 4OaG87ec>O(95(b>`a4G(fH758`4(c(ke8>G>O(=9`>Geb4(d>(54b(7>O>g8`84b(ke>(955](b>(4gG>`>OJ(+47G>(54b(G>N8baG4b(`4Og8975>b(O4bd964b(`e>Oa9(ke>(>O()=85>(6e`=9b(i>`>b( 59( 8Og4G69`8_O(>O(>5(b8ba>69(d>b95ed(O4(>b(8Ne95(9(59(ke>(>baM(>O(>5(%Oba8aea4(*9`84O95(d>("ba9d]ba8`9b(c(>b9b`4OaG9d8``84O>b(N>O>G9O(8O`>Ga8de67G>(c(d8g8`e5a9d(9(59(=4G9(d>(f59Oa>9G(59bf45]a8`9bV(>Oa4O`>b(`4Oa9G(`4O(G>N8baG4b(`4Og8975>b(>b(86f4Ga9Oa>(f9G9(59(`G>9Q`8_O(d>(f45]a8`9b(fH758`9b(>O(b95ed(9eOke>(>ba4(b>9(d>69b89d4(`4ba4b4J

(.>Ne59G(a9678hO(G>ke8>G>(d>(G>`eGb4b(g8O9O`8>G4b(c(G>`eGb4b(=e69O4b(f>G4g8O956>Oa>(b9O`84O9G(fe>d>(G>ke>G8G(6e`=4(a8>6f4(c(>bge>G^4V(d>7>(=97>G(eOb8ba>69(jed8`895(ke>(>bah(̀ 44f>G9Od4(̀ 4O(54b(b8ba>69b(d>(̀ 4OaG45(>O(d4Od>(b>(5>8Od8ke>(9(ke8hO>b(d>7>(b9O`84O9G(c(ke>(>ba>(54(=9N9(d>(69O>G9(8O6>d89a9J&4G(54(9Oa>G84GV(59(G>Ne59`8_O(>b(a9O(>g>`a8i9(`464(54b(6>`9O8b64b(c(>5(f4d>Gke>( >5( N478>GO4( c( 4aG9b( >Oa8d9d>b( G>Ne59a4G89b( a>ON9O(f9G9( =9`>G( ke>( b>9`e6f58d9V(59b(G>Ne59`84O>b(ke>(O4(b>(=9`>O(`e6f58G(4(ke>(b4O(9f58`9d9b(`4Ob9O`84O>b(5>i>b(O4(=9`>O(6Mb(ke>(`4OaG87e8G(9(eO9(8Od8g>G>O`89(N>O>G95(=9`8959(9ea4G8d9d(G>Ne59a4G89(d>5(N478>GO4J

o&4G(keh(=9c(ke>(G>Ne59G(>O(b95edp

F9( b>( =9O( a4`9d4( 59b( f9Ga8`e59G8d9d>b( d>5( b>`a4G( b95ed( c( 59b( 9b86>aG]9b( d>8Og4G69`8_OV(ke>(59b(f>Gb4O9b(O4(a8>O>O(59(`9f9`8d9d(beg8`8>Oa>(f9G9(a469Gd>`8b84O>b( b47G>( 59( `958d9d( d>( 54b( b>Gi8`84b( ke>( >baMO( G>`878>Od4l( b47G>( 59b>NeG8d9dV(d4Od>(54b(fG>ba9d4G>b(fe>d>O(fG>ba9G(6>O4b(b>Gi8`84b(d>(54b(ke>d>7>O(4a4GN9GV(ke>(>q8ba>(eO9(b>5>``8_O(d>(G8>bN4(f4G(b8ae9`84O>b(9di>Gb9bJ(+>G>ke8>G>(ke>(>5(b8ba>69(d>(b95ed(geO`84O>(>g8`9^6>Oa>V(ke>(b>(>5868O>O( 54b64O4f4584b(c(a9678hO(b>(d>7>(8Og5e8G(>O(59(`4Ode`a9(d>(59b(f>Gb4O9b(c9(ke>>ba9b(fe>d>O(N>O>G9G(`46f4Ga968>Oa4b(f>Gjed8`895>b(f9G9(be(b95edJ

,9b(`4Ob>`e>O`89b(d>(O4( G>Ne59G(c(O4(`4OaG459G(fe>d>O(b>G( 59b( b8Ne8>Oa>bUfG475>69b(d>(̀ 958d9d(>O(59(fG>ba9`8_OV(gG9ed>(d>(54b(fG>ba9d4G>bV(gG9ed>(d>(54b

Y RY RY RY RY R

ebe9G84b(c(>5(9e6>Oa4(d>(`4ba4bV(>ba>(b>(N>O>G9(95(8O`G>6>Oa9G(54b(N9ba4b(>Ob95ed(d>(69O>G9(8O`4GG>`a9(4(8OO>`>b9G89(c(59(8O>g8`8>O`89(fG>b>Oa9d9(`e9Od454b(fG>ba9d4G>b(d>(b95ed(O4(̀ 46f8a>O(>OaG>(>554b(f4G(59(6>j4G(fG>ba9`8_O(d>(eOb>Gi8`84V(f4G(79j9G( 54b(fG>`84b(4(f4G( 59( `958d9d( b8O4(ke>( b>( `4O`>OaG9O(>O`9fa9G(>5(69c4G(OH6>G4(d>(59(f4759`8_O(b9O9(c(d8b`G868O9G(9(59b(f4759`84O>b>Og>G69bV(>b(9ke](d4Od>(b>(`454`9(>5(69c4G(>bge>G^4(c(O4(b>(>baM(N>O>G9Od4eO9(̀ 46f>a>O`89(f4G(6>j4G9G(59(̀ 958d9d(d>5(b>Gi8`84(4(f4G(6>j4G9G(54b(fG>`84bV>Oa4O`>b(59b(8O>g8`8>O`89b(b>(fG4de`>O(95(̀ 4Oa9G(̀ 4O(eO(b8ba>69(ke>(>baM(G>NeQ59d4(d>(eO9(g4G69(ke>(f>G68a>(59(b>5>``8_O(d>(G8>bN4J

,9(d>b8Og4G69`8_O(>b(4aG9(`4Ob>`e>O`89V(>O(>5(b8ba>69(fH758`4(>O()=85>(b>>ba869(ke>(eO(SWw(d>(59(f4759`8_O(̀ 4O4`>(̀ eM5>b(b4O(beb(d>G>`=4b(>O(̀ e9Oa49(59b(N9G9Oa]9b(>qf58`8a9b(c(>5(4aG4(SWw(O4(54b(`4O4`>V(>b(f4G(>ba4(ke>(b>(5>b>q8N>(9(59b(f>Gb4O9b(ke>(95(b>G5>(d>a>`a9d9(95NeO9(>Og>G6>d9d(4758N9a4G896>OQa>(>5(6hd8`4(d>7>(f>d8G5>(ke>(g8G6>(eO(d4`e6>Oa4(d4Od>(b>(dh(f4G(>Oa>G9d4(d>be(>Og>G6>d9d(c(9b](b>(5>b(9`a8i9(>5(b8ba>69(0$@"J

"5(b>NeG4(d>(b95ed(fe>d>(a4GO9Gb>(8Ob45i>Oa>V(54(ke>(N>O>G9(>5(O4(f9N4(d>(59bfG>ba9`84O>b(ke>(c9(>ba979O(`46fG46>a8d9bV(>b(f4G(>ba4(ke>(>O( 59(H5a869G>g4G69( b>( 9NG>N_(eO9( >q8N>O`89( 9( 59b( 9b>NeG9d4G9b( >O( 59( ke>( a8>O>O(ke>`4Oa9G(`4O(>b>(`9f8a95(b8>6fG>(>O(beb(9G`9bV(>O(beb(`e>Oa9b(79O`9G89b(d>(59g4G69(6Mb(58ke8d9(f4b875>(c9(b>9(>O(`e4a9b(`4GG8>Oa>b(4(>O(b8ba>69b(d>(d>f_Qb8a4b(ke>(b>9O(d>(gM`85(9``>b4V(O4(fe>d>O(8Oi>Ga8G59b(>O(>5(>qaG9Oj>G4(d4Od>(>O6e`=9b(4`9b84O>b(>b9(58ke8d>^(O4(>b(a9O(8O6>d89a9(c(>b4(>b(54(ke>(5596964b59b(N9G9Oa]9b(d>(58ke8d>^(ke>(b4O(eO9(>q8N>O`89(=4c(d]9(f9G9(59b(%+0&."(c(>ba4>b(g8b`958^9d4(a9678hOJ

,4b(fG4NG969b(d>(9``>b4(b>(fe>d>O(N>O>G9G(`e9Od4(59b(f>Gb4O9b(O4(`4Ob8QNe>O(59b(fG>ba9`84O>b(ke>(a8>O>O(d>G>`=4(d>(G>`878GV(>ba4(4`eGG>(`e9Od4(54bebe9G84b(O4(`4O4`>O(beb(7>O>g8`84b(0$@"J("O(>5(b>`a4G(fG8i9d4(d>5(a4a95(d>f9`8>Oa>b(ke>(a8>O>O(>Og>G6>d9d>b(ke>(`4GG>bf4Od>O(95(b8ba>69(0$@"(3>5b8ba>69(d>(N9G9Oa]9b(>qf58`8a9b:(b4596>Oa>(eO(KLw(9`a8i9(>b9b(N9G9Oa]9bV(c9b>9(f4Gke>(fG>g8>G>O(O4(9`a8i9G54(f9G9(8G(`4O(54b(6hd8`4b(ke>(`9d9(ebe9G84ke8>G>(4(fe>d>(b>G(f4G(59(d>b8Og4G69`8_O(`4O(G>bf>`a4(9(59b(N9G9Oa]9b(ke>(b>a8>O>OJ

A8O956>Oa>(fe>d>O(>q8ba8G(`47G4b(85>N95>b(f4G(f9Ga>(d>(54b(fG>ba9d4G>bV(f4G>j>6f54(>5(̀ 47G4(d>(eO(9d8`84O95(85]`8a4(95(7>O>g8`89G84(4(8O`G>6>Oa9G(beb(̀ 4ba4bf9G9(`47G9G(be7b8d84(f4G(f9Ga>(d>5("ba9d4J

,9b(9Oa>G84G>b(b4O(59b(`4Ob>`e>O`89b(d>(O4(`4Oa9G(`4O(eO(7e>O(b8ba>69(d>G>Ne59`8_O(c(`4OaG45J()4O`>fae956>Oa>(>5(`8`54(G>Ne59a4G84(`468>O^9(`4O( 59d>`8b8_O(d>(G>Ne59GV(eO9(i>^(ke>(b>(d>`8d>(=9`>G54V(b>(fG4`>d>(9(59(7Hbke>d9(d>eO9(9ea4G8d9d(f9G9(d8b>n9G(59(O4G69a8i9V(b>(>b`G87>(eO(G>N596>Oa4V(5e>N4(b>

Y ZY ZY ZY ZY Z

64O8a4G>9(c(`4OaG459(be(`e6f5868>Oa4V(b>(9f58`9O(59b(b9O`84O>b(f9G9(ke8>O>b54(8O`e6f59O(c(5e>N4(b>(>i95H9(>5(d>b>6f>n4(c(>5(`8`54(`468>O^9(d>(Oe>i4J&4d>64b(d8g>G>O`89G(>OaG>(64O8a4G>4(c(`4OaG45(d>(>i95e9`8_OV(>5(fG86>G4(b>=9`>(b47G>(59(69G`=9V(deG9Oa>(59(86f5>6>Oa9`8_O(c(b8(b>(G>958^9(d>(69O>G9gG>`e>Oa>(b>(9ced9(9(6>j4G9G(>5(d>b>6f>n4(d>(54b(b8ba>69bV(f9G9(>ba4(b>(a8>O>ke>( >ba9G( G>`45>`a9Od4( 59( 8Og4G69`8_O( d>(69O>G9( `4Oa8Oe9V( d>(64d4(ke>f>G68a9(d>a>`a9G(a>6fG9O96>Oa>(b8(G>956>Oa>(=9c(eO(fG475>69J("O(̀ 4OaG45(b>G>958^9(`4O(6Mb(gG>`e>O`89(ke>(59(>i95e9`8_OV(>ba9(H5a869(>b(b47G>(54b(G>be5a9Qd4b(g8O95>b(>O(b95edV(b47G>(>5(O8i>5(d>(b95edV(b47G>(59(b9a8bg9``8_O(ebe9G89V(>ba4bb4O(G>be5a9d4b(g8O95>b(ke>(6e`=9b(i>`>b(b>(d>64G9O(9n4b(>O(64baG9G(`96Q784bV(f>G4(59b(>i95e9`84O>b(O4b(f>G68a>O(G>d>g8O8G(f45]a8`9(c(>q968O9G(54(ke>b>(>baM(=9`8>Od4(78>O(c(54(ke>(b>(>baM(=9`8>Od4(695J($O(>j>6f54(d>(>i95e9`8_Od>5(O8i>5(d>(b95ed(>O(`=85>(b>(=9`>(f4G(6>d84(d>(eO9(6>d8`8_O(`464(59(G>de`Q`8_O(d>(64G7858d9dV(d>(59(64Ga958d9d(c(9e6>Oa4(>O(59(>qf>`a9a8i9(d>(i8d9J(&4G64G7858d9d(O4b(G>g>G864b(9(a4d9b(59b(>Og>G6>d9d>b(>O(N>O>G95J(,4b(̀ 96784b(>O>ba4b(M678a4b(b4O(5>Oa4b(c(f4G(54(a9Oa4(d8g]`85>b(d>(47b>Gi9G(54b(>g>`a4b(d>(54(ke>b>(>baM(=9`8>Od4J

"q8ba>O(aG>b(M678a4b(d>(`4OaG45(>O(b95edV(>O(fG86>G(5eN9G(b>(a8>O>(>5(`4OaG45b47G>( 59b( 9b>NeG9d4G9b( c( >5( geO`84O968>Oa4( d>( >ba>( 6>G`9d4V( d4Od>( 59bef>G8Oa>Od>O`89(je>N9(>5(G45(6Mb(86f4Ga9Oa>V(>5(̀ 4OaG45(b9O8a9G84(>b(d>`8GV(a4d454(ke>(a8>O>(eO(86f9`a4(d8G>`a4(`4O(59(b95ed(d>(59b(f>Gb4O9b(d4Od>(>5(?8O8ba>QG84( a8>O>( geO`84O>b( 86f4Ga9Oa>b(c( g8O956>Oa>(>5( `4OaG45( g8b`95(4(`4OaG45(d>5"ba9d4(d4Od>(59()4OaG954G]9(a8>O>(geO`84O>bJ

.>f9b9Od4(59(G>g4G69(>O(̀ =85>(c(>5(69G`4(G>Ne59a4G84V(i>64b(ke>(>5(47j>a8i4(d>>ba9(ge>(8Oa>NG9G(b9O8a9G896>Oa>(54b(b>`a4G>b(fH758`4(c(fG8i9d4V(d>g8O8G(N9G9OQa]9b(>qf5]`8a9bV(>q8N8G(eO9(6>j4G9(9(54b(64d>54b(d>(9a>O`8_O(d>5(`8ed9d9O4(c>ba975>`>G(69c4G(b458d9G8d9dV(9d>6Mb(d>(N>O>G9G(eO9(G>Ne59`8_O(HO8`9(f9G954b(b>NeG4b(c(beb(fG>ba9d4G>bV(>b(9b](`464(>O(>5(b8ba>69(d>(b95ed(>O()=85>(b>N>O>G9(59(G>59`8_O(>OaG>(54b(ebe9G84bV(59b(̀ 5]O8`9bV(54b(=4bf8a95>bV(̀ 4Obe5a9b(6>d8`9bc(̀ >OaG4b(6hd8`4bJ

"O`869(d>5(O8i>5(d>(N>ba8_O(>baM(>5(O8i>5(d>(9b>NeG968>Oa4V(d4Od>(>baMO(54bb>NeG4b(d>(b95edV(f4G(eO9(59d4(>5(fH758`4(A'*0+0(c(f4G(4aG4(59d4(59b(%+0&."+Vke>(b4O(>6fG>b9b(fG8i9d9b(`4O(g8O>b(d>(5e`G4(ke>(9d68O8baG9O(59(`4a8^9`8_O4758N9a4G89(d>(b95ed(d>5(RwJ(A'*0+0(>b(eO9(b454(8Oba8ae`8_OV(68>OaG9b(ke>(59b%+0&."+(b4O(i9G89b(8Oba8ae`84O>bJ("ba4(>b(f9G9(>Og>G6>d9d>b(̀ 46eO>bJ(&9G9>Og>G6>d9d>b(d>(5974G95>b(4(9``8d>Oa>b(d>(aG979j4(b>(`e>Oa9(`4O(eO(b8ba>69f9G95>54(ke>(>baM(`4Og4G69d9(f4G( aG>b( 8Oba8ae`84O>b(ke>(b4O(>5( %+,( 3b>`a4GfH758`4:V(59b(?$-$0,"+(c(59(+>``8_O()=85>O9(d>(+>NeG8d9d(3d>5(b>`a4G(fG8i9Qd4(b8O(g8O>b(d>(5e`G4:J

+47G>(d>5(O8i>5(d>(b>NeG4(>baM(>5(d>(G>`a4G]9V(>b(d>`8G(>5(d>(̀ 4OaG45(c(>5(d8b>n4(d>59b(f45]a8`9bV(59(d8G>``8_O(d>5(b8ba>69(d>(b95ed(ke>(4`eGG>(fG8O`8f956>Oa>(d8G8QN8d4(f4G(>5(?8O8ba>G84(d>(+95ed(9ced9d4(f4G(beb(d4b(7G9^4b(c9(9Oa>G84G6>Oa>

Y TY TY TY TY T

`46>Oa964bV(ke>(b>(̀ G>9G4O(deG9Oa>(59(G>g4G69J("5(%+&(ke>(>b(>5(NG9O(5974G9Qa4G84(d>(b95ed(fH758`9(c(59(+ef>G8Oa>Od>O`89(d>(+95ed(ke>(a9678hO(ge>(`G>9d9>O(>ba9(G>g4G69(c(ke>(>b(9ea_O469(97b45ea96>Oa>(d>5(?8O8ba>G84J(,9(G>g4G69>O(b95ed(`G>_(59(be7b>`G>a9G]9(d>(b95ed(fH758`9V(54b(=4bf8a95>b(9ea4(N>ba84O9Qd4bV(5>(d84(>OaG>(̀ 468559b(f>G68b4(9(A'*0+0(f9G9(̀ 46fG9G(b>Gi8`84b(95(b>`a4GfG8i9d4V(>O(>5(`9b4(d>(O4(`e6f5868>Oa4(d>(59b(N9G9Oa]9J(#e>(b4O((XU(N9G9Oa]9bd>(9``>b4V(d>(`958d9dV(d>(4f4GaeO8d9d(c(d>(fG4a>``8_O(g8O9O`8>G9J("5(g8O(6Mb86f4Ga9Oa>(d>(59b(N9G9Oa]9b(>b(d>g8O8G(`eM5>b(b4O(59b(>Og>G6>d9d>b(6Mb(86Qf4Ga9Oa>b(c(a>O>G(>ba9b(N9G9Oa]9b(a4a956>Oa>(̀ e78>Ga9bV(c(a>O>G(f9G9(̀ 9d9(>Og>GQ6>d9d((Ne]9b(c(69Oe95>b(`59i>b(ke>(8Od8`9O(`e95(>b(>5(aG9a968>Oa4(9(b>Ne8GJ

0(59(+ef>G8Oa>Od>O`89(d>(+95edV(9Oa>b(55969d9(+ef>G8Oa>Od>O`89(d>(%+0&."+b>(5>(9NG>N9(d>bd>(>5(KWWS(59(geO`8_O(d>(`4OaG459G(95(A'*0+0(>O(G>59`8_O(954b(7>O>g8`84bV(95(̀ e6f5868>Oa4(d>(N9G9Oa]9b(c(9(54b(9b>NeG9d4G>b(b47G>(>5(O8i>5d>(`958d9d(c(d>(fG>ba9`8_OJ(("ba9(979G`9(9=4G9(>5(b>`a4G(fH758`4(c(fG8i9d4(ca9Oa4(9(54b(9b>NeG9d4G>b(`464(9(54b(fG>ba9d4G>bV(f9G9(>b4(b>(>baGe`aeG9(d>g4G69(b86f5>(>i8a9Od4(d>69b89d9(7eG4`G9`89(c(>qa>GO958^9(95NeO4b(b>Gi8`84bke>dMOd4b>(̀ 4O(59b(geO`84O>b(7Mb8`9b(ke>(d>7>(G>bNe9Gd9G(>5("ba9d4V(ke>(b4O7Mb8`96>Oa>(59(g8b`958^9`8_O(c(59(d>`59G9`8_O(d>(`8>Ga9b(O4G69bJ("ba9(a9678hO`e>Oa9(`4O(d4b(7G9^4b(ke>(b4O(59(%Oa>Od>O`89(d>(+>NeG4b(c(59(d>(&G>ba9d4G>bVa>G`>G8^9O(b>Gi8`84b(`464(59(9`G>d8a9`8_O(d>(54b(fG>ba9d4G>b(>O(9ed8a4G89b(=9Q`89(59b(>Oa8d9d>b(9b>NeG9d4G9b(4(fG>ba9d4G9bJ

"5(M678a4(d>5(`4OaG45(g8b`95(>b(>j>G`8d4(f4G(59()4OaG954G]9(d>(59(.>fe758`9V(>Oa>e(_GN9O4(bef>G84G(d>(g8b`958^9`8_O(d>(59(9d68O8baG9`8_O(d>5("ba9d4V(ke>(>baM`4Oa>6f59d9(>O( 59(`4Oba8ae`8_O(f45]a8`9(c(ke>(N4^9(d>(9ea4O46]9( gG>Oa>(95f4d>G(>j>`ea8i4(c(d>6Mb(_GN9O4b(fH758`4bV(`ec9(g8O958d9d(fG8O`8f95(>b(>5(`4OQaG45(d>(59(5>N958d9d(d>(54b(9`a4b(d>(59(9d68O8baG9`8_O(fH758`9J(+eb(47j>a8i4b(b4OfG4a>N>G(>5(fG8O`8f84(d>(59(5>N958d9d(N9G9Oa8^9Od4(>5(`e6f5868>Oa4(d>5(4Gd>O9Q68>Oa4(jeG]d8`4V(G>bNe9Gd9G(59(9`a8i8d9d(9d68O8baG9a8i9V(G>bNe9Gd9G(>5(f9aG864QO84(fH758`4(c(G>bNe9Gd9G(59(g8d>58d9d(c(aG9Obf9G>O`89(>O(59(N>ba8_O(g8O9O`8>G9d>5(>ba9d4J(,4b(8ObaGe6>Oa4b(ke>(a8>O>(b4OV(59(a469(d>(G9^_O(d>(5>c>bV(G>b45eQ`84O>bV(O4G69a8i9bV(G>N596>Oa4b(>a`JV(>68a>(d8`aM6>O>b(ke>(b4O(jeG8bfGed>O`895>bf9G9(>5(b8ba>69(jed8`895(>O()=85>V(G>958^9(9ed8a4G89b(d>(8Oi>ba8N9`84O>b(>bf>`89Q5>bV(̀ 4OaG459(95(f>Gb4O95(d>(59(9d68O8baG9`8_O(d>5("ba9d4V(G>958^9(59(̀ 4Oa97858d9dd>(59(O9`8_OV(N>O>G9(c(d8geOd>(8Og4G69`8_OV(c(g8O956>Oa>(̀ e9Od4(=9c(̀ 9b4b(d>8GG>Ne59G8d9d>b( G>958^9( je8`84b( d>( `e>Oa9b( 9( 59b( f>Gb4O9b( 4( >Oa8d9d>bG>bf4Ob975>bJ

(,9(`4OaG954G]9(>baM(`4OaG459Od4(c(g8b`958^9Od4(54b(d8ba8Oa4b(4GN9O8b64b(d>5b>`a4G(b95ed(>O(a4d4b(54b(M678a4b(ke>(5>(`4GG>bf4Od>V(=978ae956>Oa>(G>958^99ed8a4G89b(f59O8g8`9d9bV(6e`=9b(d>(59b(d>`8b84O>b(d>(g8b`958^9`8_O(b>(79b9O(>Od>OeO`89b(G>958^9d9b(f4G(`8ed9d9O4b(4(f4G(9`a4G>b(f45]a8`4b(`464(54b(d8fea9Qd4bJ( +>( 9f58`9( eO9( 6>a4d454N]9( d>( 9ed8a4G]9b( ke>( b>( 7eb`9( b8ba>69a8^9G( c>ba9Od9G8^9G(>5(fG4`>b4V(b>(>g>`aH9(6>d89Oa>(eO(9OM58b8b(d>(G8>bN4(N54795(d>(59>Oa8d9d(c( 5e>N4(b>(d>d8`9(9(69a>G89b(b>5>``84O9d9bV(f9G9(>b4(b>(`e>Oa9(>O

R WR WR WR WR W

`9d9( eO9( d>( 59b( MG>9b( `4O( >qf>Ga4bJ( ,9( ah`O8`9( ke>( ea858^9( >b( d>69b89d4g5>q875>V(a469(>O(`e>Oa9(>5(je8`84(d>(>qf>Ga4bV(a8>O>(eO(>Og4ke>(b8bah68`4(c`4Ob8d>G9(54b(G8>bN4bV(54b(fG4`>b4b(c(̀ 4OaG45>bV(8Oa>NG9(54b(>ke8f4b(d>(aG979j4(ca8>O>(eO(9f4c4(̀ 46fea9`84O95V(̀ e>Oa9(̀ 4O(eO9(79b>(d>(d9a4b(d4Od>(>baM(a4d959(O4G69a8i9(5>N95(c(59b(Ne]9b(ha8`9bl(95NeO4b(fG475>69b(>O`4OaG9d4b(f4G(59`4OaG954G]9(b4O(59(g95a9(d>(f>Gb4O95(f9G9(G>958^9G(59b(9ed8a4G89b(c(59(g8b`958^9`8_O>O(59(>Oa8d9d>b(b>`a4G895>bV(59(d>64G9(>O(59(9f58`9`8_O(d>(b9O`84O>bV(59(g95a9(d>`44Gd8O9`8_O(f9G9(i>G8g8`9G(>5(f9N4(d>(6e5a9b(64a8i4(f4G(>5(`e95(b>(G>`87>O`G]a8`9b(c(d8b`G>f9O`89b(d>(4aG9b(>Oa8d9d>b(fH758`9b(ke>(`G>>O(ke>(59(g8b`958^9Q`8_O(ke>(G>958^9(59()4OaG954G]9(O4(`4GG>bf4Od>(9(beb(g9`e5a9d>bV(>b(d>`8GV(b>`G>>(ke>(59(̀ 4OaG954G]9(>OaG9(>O(M678a4b(ke>(O4(5>(̀ 4GG>bf4Od>O(f>G4(59(i>Gd9d>b( ke>( a8>O>( 96f589b( g9`e5a9d>b( f9G9( 8O68b`e8Gb>( >O( 59( 9d68O8baG9`8_O( d>5"ba9d4J("ba4(=9`>(86f4Ga9Oa>(59(d8b`G>`8_O(9d68O8baG9a8i9(f4Gke>(6e`=9b(d>59b(5>c>b(>baMO(>b`G8a9b(>O(eO(5>ONe9j>(ke>(>b(`4Ogeb4(c(a4d4b(54b(b>`a4G>bf45]a8`4b(95(>O`4OaG9Gb>(`4O(eO9(O4G69(G>d9`a9d9(d>(69O>G9(i9N9(c(`4Ogeb9fG>a>Od>O(8Oa>GfG>a9G59(9(be(69O>G9(c(>b(955](d4Od>(d>7>(b>G(ea858^9d9(f9G9`9d9(̀ 9b4J(,9(>g>`a8i8d9d(d>5(>bge>G^4(G>Ne59a4G84(a8>O>(ke>(i>G(7Mb8`96>Oa>(>O`_64(b>(55>i9(9(`974J

"5(68O8ba>G84(ke>(a8>O>(59(f4a>ba9d(d>(`G>9G(59b(f45]a8`9b(fH758`9b(c(>j>G`>G(be`4OaG45V( 59b( )"@"+( d>( b95edV( >O( `e9Oa4( 95( M678a4( b9O8a9G84V( b4O( _GN9O4bd>b`4O`>OaG9d4b(ke>(b>(d>d8`9O(9(G>958^9G(a4d4(>5(̀ 4OaG45(d>(̀ 9GM`a>G(9b8ba>O`895V95(d89NO_ba8`4(c(i8N859O`89(d>(59(>f8d>68454N89(G>N84O95V(59(>j>`e`8_O(d>(9``84QO>b(d>(`4OaG45(c(fG>i>O`8_OV(59(9f58`9`8_O(d>5(`_d8N4(b9O8a9G84(d>(g8b`958^9`8_O9d68O8baG9a8i4J("5(hq8a4(G>Ne59a4G84(G>ke8>G>(eO9(6]O869(d>(8OgG9``84O>bJ(,9G>Ne59`8_O(c(>5(`4OaG45(a8>O>O(ke>(b>G(fG4`>b4b(d895>`a8`4b(d>(59(b4`8>d9dV(ke>5>Oa96>Oa>(b>(i9(9fG4q869Od4(9(54(ke>(b>(7eb`9(54NG9GJ

,4b(fG>ba9d4G>b(=9c(ke>(G>Ne59G54b(̀ 4O(>5(g8O(d>(>i8a9G(54b(64O4f4584bV(d>(8Ne9569O>G9(>5(6>G`9d4(d>(54b(5974G9a4G84b(g9G69`hea8`4b(>baM(`4O(eO9(feNO9(f4G59(784>ke8i95>O`89(ke>(b8NO8g8`9(59(fG4f8>d9d(d>(eO(6>d8`96>Oa4(ke>(ke8^MbO4(b>9(d>(eO9(69G`9(4G8N8O95(f>G4(ke>(a8>O>(eO(>baed84(ke>(G>bf95d9(ke>(be>g>`a8i8d9d(>b(59(68b69(d>5(6>d8`96>Oa4(4G8N8O95J("5(58`>O`8968>Oa4(d>5(f>Gb4QO95(6hd8`4(ke>(9a8>Od>(c(fG>ba9(beb(b>Gi8`84b(c(59(`958d9d(d>(59(8Og4G69`8_Oke>(fG4f4G`84O9O( 59b(9b>NeG9d4G9b( ( a9678hO(b4O(b8ae9`84O>b(`4OaG459d9b(cg8b`958^9d9b(f4G(59(`4OaG954G]9J

"O()=85>(b>(`G>_(>5(b8ba>69(d>(9`G>d8a9`8_O(f9G9(>ba975>`868>Oa4b(d>(b95eda9Oa4(f9G9(=4bf8a95>b(`464(9a>O`8_O(fG869G89V(>ba>(b8ba>69(d>(9`G>d8a9`8_O>baM(9`46f9n9d4(f4G(eO(b8ba>69(d>(`>Ga8g8`9`8_O(d>(59(>bf>`8958^9`8_O(c(geOQ`84O9( `4O( 79b>( >O( eO( G>N8baG4( d>( >Oa8d9d>b( 9`G>d8a9d4G9b( ke>( Ne9Gd9( 59bef>G8Oa>Od>O`89V(c9(ke>(>ba9(>b(59(>O`9GN9d9(d>(d>`8G(keh(>6fG>b9b(fe>d>O9`G>d8a9G(9(54b(fG>ba9d4G>b(c(f4G(54(a9Oa4(54b(fG>ba9d4G>b(b>(b46>a>O(9(>ba99`G>d8a9`8_OJ("ba9(>b(eO9(geO`8_O(ke>(b>(N>O>G9(f4G(eO(78>O(fH758`4(d>5(`e95d>f>Od>O(d>G>`=4b(c(N9G9Oa]9b(b4`895>b(c(O9`8_(>bf>`]g8`96>Oa>(f9G9(N9G9OQa8^9G(>5(`e6f5868>Oa4(d>(59(N9G9Oa]9(d>(`958d9dJ(AeO`84O9(`e9Od4(>5(fG>ba9d4G

R !R !R !R !R !

b458`8a9(59(9`G>d8a9`8_OV(b>(>i95H9O(beb(9Oa>`>d>Oa>b(c(59(bef>G8Oa>Od>O`89(9b8NO995>9a4G896>Oa>(9(eO9(d>(>ba9b(>6fG>b9b(ke>(b>(d>d8`9O(9`G>d8a9GV(=9`>O(59i8b8a9( c( >i95H9O( a4d9b( 59b( `9G9`a>G]ba8`9b( ke>( b>( G>ke8>G>O( f9G9( 47a>O>G( 599`G>d8a9`8_O(c(b8(54NG9(f9b9G(59(fGe>79(ke>d9(8Ob`G8a4(c(9`G>d8a9d4J(-4d4(>ba4`4O(>5(g8O(d>(G>bNe9Gd9d(59(b>NeG8d9d(>O(59(9a>O`8_OJ

"O(̀ e9Oa4(9(54b(fG4g>b84O95>b(6hd8`4bV(95(b>G(>ba4b(a9O(G>b8ba>Oa>b(9(59b(G>Ne59Q`84O>b(54(ke>(b>(fG>a>Od>(=9`>G(>b(ke>(59b(9b4`89`84O>b(6hd8`9b(G>Ne5>O(9(bebfG4f84b(68>67G4bV(c9(ke>(>554b(a8>O>O(59(>qf>G8>O`89(c(5>N8a868d9d(9Oa>b(bebf9G>b(9b](>5(N478>GO4(b>(>i8a9(`4OaG4i>Gb89bJ("O()=85>(59(jed8`8958^9`8_O(>baM>i45e`84O9Od4V(b>(`G>_(59(8Oba9O`89(d>(59(6>d89`8_O(`464(6>d84(ke>(f>G68a>N>O>G9G(eO9(8Oba9O`89(fG>i89(9(59(jed8`8958^9`8_O(d4Od>(b>(fe>d>(55>N9G(9(eO9`e>Gd4(>OaG>(59b(f9Ga>bV(>ba4(=9(8d4(`G>`8>Od4(>O(54b(H5a864b(9n4bJ

"5(e5a864(M678a4(d>(̀ 4OaG45(>b(>5(d>(54b(9b>NeG9d4G>bV(>b(86f4Ga9Oa>V(̀ 464(b>G>b95a_(9Oa>G84G6>Oa>V(c9(ke>(>O()=85>( 59(9g8589`8_O(9( 54b(b8ba>69b(fG8i9d4b9e6>Oa_(d>bd>(>5(9n4(Z!(̀ e9Od4(b>(̀ G>9G4O(59b(%+0&."+V(>O(>5(9n4(TW(95(i>Gke>(=97]9O(95NeO4b(97eb4b(f4G(f9Ga>(d>(59b(%+0&."+(b>(̀ G>_(59(bef>G8Oa>Od>O`89c(b>(5868a9(>5(ahG68O4(d>(54b(̀ 4OaG9a4b(̀ 4O(54(̀ e95(b>(i>(̀ _64(d>j9(d>(9e6>Oa9G>5(OH6>G4(d>(9g8589d4b(9(>ba>(b8ba>69V(b>(`G>9(eO(b>NeG4(d>(>Og>G6>d9d>b`9a9baG_g8`9b(c(`4O(59(G>g4G69(b>(N>O>G9O(54b(G>ke>G868>Oa4b(d>(8Ob45i>O`89f59Oa>9d4b(9Oa>G84G6>Oa>(f9G9(59b(aG9Obg>G>O`89b(9(7>O>g8`89G84bl(b>(̀ G>9O(9d>Q6Mb( 79GG>G9b( >O( `e9Oa4( 9( b8( b>(fe>d>O( 9e6>Oa9G( 54b( 5868a>b( d>( b95edV( 59bN9G9Oa]9b(@"+(c(59(Oe>i9(bef>G8Oa>Od>O`89(ke>(i9(9(G>Ne59G(9(54b(9b>NeG9d4QG>b(ke>(>baMO(4758N9d9b(9(=9`>G(G>f4Ga>b(d>(9g8589`8_O(c(`47>GaeG9V(8Obf>``84QO>bV(b47G>(59(ea858^9`8_O(d>(7>O>g8`84b(b47G>(54b(8ONG>b4bV(b47G>(54b(N9ba4b(c(59b45i>O`89J

)464(̀ 4O`5eb8_O(b>(fe>d>(d>`8G(ke>(>q8ba>O(i9G89b(=>GG968>Oa9b(f9G9(6>j4G9G>5(d>b>6f>n4(d>5(b>`a4G(b95edV(O4(b4596>Oa>(59(G>Ne59`8_Ol(be(̀ 46f4Ga968>Oa4O4(b454(d>f>Od>(d>5(d8b>n4(b8O4(a9678hO(>O(NG9O(f9Ga>(d>(54b(d>a955>b(d>(be86f5>6>Oa9`8_OV(>b(O>`>b9G84(G>Ne59G(>O(54b(b8ba>69b(d>(b95ed(f9G9(ke>(59bG>59`84O>b(>OaG>(54b(9`a4G>b(b>9O(9d>`e9d9b(c(>5(b8ba>69(54NG>(>b4b(47j>a8i4bke>(b>(>bf>G9O(d>bd>(54b(d8i>Gb4b(M678a4b(̀ 464(b4O(>5(b9O8a9G84V(>5(M678a4(d>54b(b>NeG4b(c(d>5(̀ 4OaG45(g8b`95V(ke>(b4O(̀ 46f5>6>Oa9G84b(>(8Oa>Gd>f>Od8>Oa>b(cbeb( 5]68a>b( O4( b4O(O>`>b9G896>Oa>( `59G4bJ(,9( G>Ne59`8_O(d>f>Od>( >O( NG9Of9Ga>(d>(59(`9f9`8d9d(f9G9(59(i8N859O`89(c(>5(`4OaG45(c(b>(G>ke8>G>(d>(eO(ge>Ga>58d>G9^N4(d>(59b(8Oba8ae`84O>b(`4OaG459d4G9b(`4O(eO(7e>O(69G`4(8Oba8ae`84O95(c>baG9a>N89b(8Oa>58N>Oa>b(f9G9(974Gd9G(59b(G>Ne59`84O>b(c(>5(̀ 4OaG45(>O(>5(b8ba>69d>(b95edJ

m"O(>5(aG979j4(d89G84(>5(`4OaG459d4G(c(g8b`958^9d4G(b>(9N4789(`4O(>5(aG979j4(d>5d]9(9(d]9(c(f8>Gd>(>5(b>Oa8d4(d>(54(ke>(=9`>V(b8O(f>Ob9G(ke>(>b>(NG9O4(d>(9G>O9ke>(b>(9f4Ga9(̀ 4O(>5(aG979j4(9ced9(9(6>j4G9G(>5(b8ba>69(d>(b95ed(>O()4546789m

R KR KR KR KR K

1G1G1G1G1GJ( 19G]4( .J( 19G]4( .J( 19G]4( .J( 19G]4( .J( 19G]4( .>>>>>bbbbbaGaGaGaGaG>f4( ;4a>f4( ;4a>f4( ;4a>f4( ;4a>f4( ;4a>G>G>G>G>G4J4J4J4J4J3)4546789:3)4546789:3)4546789:3)4546789:3)4546789:

"b(A85_b4g4(d>( 59(eO8i>Gb8d9d(`9a_58`9(d>(,4i98O9( 3;h5N8`9:J("b(`9Od8d9a4(914`a4G(>O(=8ba4G89(d>(59($O8i>Gb8d9d(*9`84O95(d>()4546789J("b(fG4g>b4G(d>(59$O8i>Gb8d9d(*9`84O95((d>()4546789(>O(59(A9`e5a9d(d>("`4O46]9(d>(59($O8i>GQb8d9d(*9`84O95(d>()4546789J("b(>5(d8G>`a4G(d>5(47b>Gi9a4G84(f9G9(59(>ke8d9d(>O)958d9d( d>( i8d9( c( b95ed( d>( ;4N4aMJ( ?8>67G4( AeOd9d4G( d>( 59( G>d( f9G9( 59N47>GO97858d9dV(59(d>64`G9`89(c(>5(1>b9GG4554(a>GG8a4G895(.%*1"

R LR LR LR LR L

"""""<<<<<0,0,0,0,0,$0$0$0$0$0)%')%')%')%')%'*( +')%'&'*( +')%'&'*( +')%'&'*( +')%'&'*( +')%'&',%-%)0( 1",( +%+-"?,%-%)0( 1",( +%+-"?,%-%)0( 1",( +%+-"?,%-%)0( 1",( +%+-"?,%-%)0( 1",( +%+-"?0( 1"( +"Q0( 1"( +"Q0( 1"( +"Q0( 1"( +"Q0( 1"( +"Q@$.%10@$.%10@$.%10@$.%10@$.%101( +')%0,( "*( +1( +')%0,( "*( +1( +')%0,( "*( +1( +')%0,( "*( +1( +')%0,( "*( +0,0,0,0,0,$1( "*( )'$1( "*( )'$1( "*( )'$1( "*( )'$1( "*( )',,,,,'?;%0'?;%0'?;%0'?;%0'?;%0

*4(=9c(eO9(b459(69O>G9(d>(>i95e9G(eO9(f45]a8`9(fH758`9V(=9c(i9G89b(c((d4b(ke>fG>d468O9OV(eO9(ah`O8`9(c(4aG9(b4`84Qf45]a8`9J

,9(ah`O8`9((̀ 4Ob8d>G9(ke>(eO4b(b>n4G>b(c(eO9b(b>n4G9b(9(aG9ihb(d>(eO(fG4`>b45>N8b59a8i4Qah`O8`4(>O(>5()4ONG>b4(d>( 59(.>fe758`9V(d>bfehb(d>(eO( aGM68a>V9d4fa9(eO9(f45]a8`9J(D9c(eO(646>Oa4(geOd9`84O95(c(HO8`4((d>(N>ba9`8_O(`4O95NeO4b(9`a4G>b(ke>( a8>O>O(NGef4b(d>(fG>b8_O(ke>( 8O`8d>O( b47G>(>554bl( 54b>6fG>b9G84bV( 54b(f45]a8`4bV( 54b( b8Od8`9a4bV( 54b( `46f9dG>b( d>(eO9( G>N8_OV( 598d>454N]9J(1>bfehb(d>(mf9G8Gm((59(f45]a8`9(i8>O>(59(86f5>6>Oa9`8_O(`464(b>QNeOd4(646>Oa4J(,4b(ke>(86f5>6>Oa9O(O4(ge>G4O(54b(ke>(g4G6e59G4O(59(f45]a8Q`9(O8(59(i4a9G4OV(a8>O>O(4aG9b(8d>9bV(4aG4b(8Oa>G>b>bV(4aG9(̀ 46fG>Ob8_OJ

"b(9b](ke>(b>(`4Oba9a9(d>bd>(>b>( a8f4(d>(>i95e9`84O>b(ke>(eO9(`4b9(>b(>5>bf]G8ae(d>(59(,>cV(>5(>bf]G8ae(d>5(b8ba>69(d>(b>NeG8d9d(b4`895(ke>(>baM(55>O4(d>7e>O9b( 8Oa>O`84O>bV( d>( 74O8a4b( d8b`eGb4bV( c( 4aG9( `4b9( >b( >5( fG4`>b4( d>86f5>6>Oa9`8_OV(55>O4(d>(fG475>69bJ(o#eh(=9c(ke>(=9`>G(>Oa4O`>bp()9f9`8Qa9G(>(8Og4G69G(9(59(N>Oa>(c(d>a>`a9G(`eM5>b(b4O(54b(6>`9O8b64b(c(59b(i]9b(ke>ea858^9O(59b(f>Gb4O9b(f9G9(G>958^9G(d>bd>(>b>(b8ba>69(d>(`4b9b(a4a956>Oa>(`4OQaG9G89bV((>5(>bf]G8ae(7>O>i45>Oa>(d>(59(,>cJ(0b](=9c(̀ 4OaG45>bV(b9O`84O>b(c(>b`9Qb96>Oa>(fG>684bV((`9b8(a4d4b(54b(8Oi45e`G9d4b(be>5>O(d>`8G(d>(9`e>Gd4(9(59a>4G]9(ke>(m=9c(8O`>Oa8i4b(O>N9a8i4b(c(4aG4b(f4b8a8i4bmJ()9d9(i>^(ke>(eba>d>b5>9O(a>4G]9b(d>(8O`>Oa8i4bV(f4b8a8i4b(c(O>N9a8i4bV(a>ON9O(>O(`e>Oa9(ke>(a4d4b54b(8Oi45e`G9d4b(b>(`4Oi8>Ga>O(>O(f458`]9(c(a8>Od>O(9((f>Gb>Ne8G(deG9Oa>(54b646>Oa4b(d>(N>ba9`8_O(>(86f5>6>Oa9`8_OV(54(ke>(d>j9(eO(=e>`4(>O(59(68a9dV>O(>5(ke>(8d>956>Oa>(`9f9`8a4V( 8Og4G64V(f>Gb8N4(c(b9O`84O4(f9G9(fG4f4O>G`96784b(>baGe`aeG95>bJ

,4b(6Mb(4b9d4bV(d8`>O(ke>(59(>baGe`aeG9(ke>(4GN9O8^9(59()4OaG954G]9(O4(b8Gi>f9G9(59b(Oe>i9b(f45]a8`9b(fH758`9bV(ke>(b>(d>7>O(=9`>G(9jeba>bV(ke>(59(>baGe`aeQG9(d>(b95ed(O4(b8Gi>V(ke>(b>(d>7>(64d8g8`9G(>5(68O8ba>G84V(ke>(b>(d>7>(64d8g8`9G59(+Hf>G(%Oa>Od>O`89V(ke>(b>(O>`>b8a9O(̀ 96784b(>O(59(b>`G>a9G89(d>f9Ga96>Oa954(6eO8`8f95(d>(b95edV(95(8Ne95(ke>(`96784b(>baGe`aeG95>b(>O(59(g4G6e59`8_O(d>f45]a8`9b(c(̀ 96784b(>O(59b(O4G69bV(ke>(>ba9(O4G69(b>(̀ 4OaG9d8`>(̀ 4O(>ba9(4aG9Vke>(b8>6fG>(59b(O4G69b(b>(`4OaG9d8`>O(eO9b(`4O(4aG9b(c(f4G(a9Oa4(6Mb(`96Q784b(O4G69a8i4b(b4O(O>`>b9G84bV(ke>(a4d4b(54b(ke>(=>64b(>j>G`8d4(59(a>`O4`G9Q`89( =>64b( 9f58`9d4( >ba9( `4b9( c( a4d4b( =>64b( i8i8d4( d>( >b4V( ke>( b>( d>7>g4G6e59G(eO9(f45]a8`9(c(`4Oba9a9G(b8(59(86f5>6>Oa9O(d>(69O>G9(d8g>G>Oa>(f9G9=9`>G(eO9(`9Oa8d9d(d>(9jeba>bJ

,4(ke>(c4(fG4f4ON4(=4c(>b(eO(9OM58b8b(b4`84Qf45]a8`4(ke>(`4Ob8d>G9(ke>(59f45]a8`9(O4(b>(g4G6e59(b454(>5(d89(ke>(b>(9d4fa9(>O(>5()4ONG>b4(d>(59(.>fH758Q`9V(b8O4(ke>(O4(f9G9(d>(g4G6e59Gb>l(>b(eO(fG4`>b4(`4Oba8aec>Oa>(`4Oa8Oe4J

R XR XR XR XR X

"O()4546789(eO(1>`G>a4(64d8g8`9(eO9(,>c(c(eO9(4Gd>O9O^9(64d8g8`9(>5(1>Q`G>a4V(>b(d>`8GV(b>(b9`9(59(,>c(c(d>bfehb(=9c(eO4b(d>`G>a4b(G>N596>Oa9G84bV(54ke>(97G>(eO9(feNO9(f45]a8`9l(`9d9(ke>(`96789(>5(&G>b8d>Oa>V(>5(?8O8baG4(4(>5@47>GO9d4GV(>b4b(d>`G>a4b(G>N596>Oa9G84b(b>(d>bi]9O(f9G9(eO(59d4V(8O`>Oa8i9OeO9(`4b9(c(gG>O9O(4aG9J("ba4(ke8>G>(d>`8G(ke>(>5(fG4`>b4(d>(59(f45]a8`9(fH758`9O4(a8>O>(eO(646>Oa4(d>(N>ba9`8_O(b8O4(ke>(>b(eO(fG4`>b4(`4Oa8Oe4(d>(`G>9G59b(O4G69bV(d>(̀ G>9G(59b(G>N59b(d>(je>N4V(d>(̀ G>9G(59b(8Oba8ae`84O>bV(>O(>5(ke>(59,>c(4G8N8O95(>b(eO4(d>(>b4b(646>Oa4bJ

,4(ke>(N478>GO9(eO(b8ba>69(O4(b4O(b_54(59b(5>c>b(c(59b(O4G69b(b8O4(59b(fGM`Qa8`9bV(54b(=M78a4bV(59(`e5aeG9V(59b(8d>9bJ($O(b>n4G(b>(N9O_(>5(fG>684(O47>5(d>>`4O46]9(f4G(`4Oi>Ga8G(>b4(ke>(9`974(d>(d>`8GV(b8ba>6Ma8`4J(18j4U(meba>d(O4fe>d>(aG9bf59Oa9G(eO9(8Oba8ae`8_O(d>(eO(59d4(9(4aG4(59d4V(d>(eO(f9]b(9(4aG4f9]bV(c(fG>a>Od>G(ke>(i9(9(N>O>G9G(>5(68b64(G>be5a9d4J(&GM`a8`96>Oa>(OeO`959b(8Oba8ae`84O>b(b4O(aG9bf59Oa975>bJ(,9b(5>c>b(O4(b4O(aG9bf59Oa975>bmJ($ba>d(54fe>d>(=9`>GV(fe>d>(̀ 4f89G(d>(eO(59d4(c(f9b9G(95(4aG4V(f>G4(54(ke>(eba>d(N>O>G9>b(a4a956>Oa>(d8g>G>Oa>V(d>f>Od>(d>5(>Oa4GO4V(d>(59(̀ 9f9`8a9`8_O(d>(59(N>Oa>V(d>beb(8d>9b(>(8Oa>G>b>bV(d>(54b(NGef4b(d>(fG>b8_O(c(59b(aG9d8`84O>bV(d>(59b(>qf>`Qa9a8i9bJ("O(eO(>Og4ke>(b4`84Qf45]a8`4(eO4(`4Ob8d>G9(ke>( 54(ke>(N478>GO9(>5b8ba>69(O4(b4O(HO8`96>Oa>(59b(O4G69bV(b4O(59b(fG9`a8`9b(c(7e>O9(f9Ga>(d>>b9b(fGM`a8`9b(b4O(59(̀ e5aeG9(f45]a8`9(d>(54b(f9]b>bV(59b(̀ 4GG>59`84O>b(d>(ge>G^9V59b(`9G9`a>G]ba8`9b(d>(59(b4`8>d9dJ

&4G(a9Oa4(59(86f5>6>Oa9`8_O(O4(>b(>5(b>NeOd4(646>Oa4(9(f9Ga8G(d>5(`e95(eO4`4Oba9a9(d8ba4Gb84O>bJ(mu#eh(i9(b>(ma8G9G4Om(59(7e>O9(5>c(ke>(O4b4aG4b(=97]964bmf9G8d4m(a9O(74O8a9(O4b4aG4b(>O(>5()4ONG>b4umJ("5(9beOa4(>b(ke>(ke8>O(86f5>6>Oa959( f45]a8`9( b4O( 54b( 95`95d>bV( 54b( N47>GO9d4G>bV( 54b( 6hd8`4bV( 59b( >6fG>b9bfG>ba9d4G9b(d>(b95edV(54b(=4bf8a95>bV(54b(ebe9G84bV(54b(b8Od8`9a4bV(9`a4G>b(ke>(9aG9ihb(d>5(eb4(d>5(b8ba>69(b4O(>5(b8ba>69J(*4(>b(ke>(b>(d>79(`9f9`8a9G(9(>b4bm8O`9f9`>bm((b8(O4(ke>(=9c(ke>(i>G(̀ eM5(>b(>5(̀ 4OjeOa4(d>(O4G69bV(d>(8Oba8ae`84QO>bV(d>(9GG>N54b(ke>(5>(b8Gi>O(9(eO4b(4(9(4aG4bV(>b(d>`8GV(59(f45]a8`9(b8>6fG>(>beO9(aG9Ob9``8_O(d>(8Oa>G>b>b(d>(8d>9bV(d>(>qf>`a9a8i9bV(d>(O>`>b8d9d>bJ($O9OM58b8b(b4`84Qf45]a8`4(d>(59(f45]a8`9(fH758`9(d>(b95ed(Q(95(8Ne95(ke>(>5(d>(>de`9Q`8_O(4(d>(`e95ke8>G(4aG4(a8f4Q(G>ke8>G>(9a>O`8_O(b47G>(keh(b>(i9(9(d>79a8GV(keh>b(>5(b8ba>69(d>(b>NeG8d9d(b4`895(>O(b95edV(`eM5>b(ge>G4O(59b(aG9Ob9``84O>bV`eM5>b(ge>G4O(54b(8Oa>G>b>b(ke>(b>(f9`a9G4O(c(9(ke8hO(5>(b8Gi>OV(`_64(54(=9Oeb9d4V(ke8hO(5>(=9(ma4G`8d4(>5(`e>554(9(59(N9558O9mV(ke8hO(b>(7>O>g8`89V(ke8hOf8>Gd>J([b>(>b(>5(a8f4(d>(>i95e9`8_O(>O(59(ke>(O4b(i964b(9(>679G`9G(>O(59a9Gd>J

,9b(fG8O`8f95>b(ge>G^9b(`4O`eGG>Oa>b(d>(59(5>c(!WW(d>(!TTLJ

)9d9(i>^(ke>(eba>d>b(97G9O(eO(9Ga]`e54(b47G>(>i95e9`8_O(d>(59( 5>c(!WW(>O)4546789(N>O>G956>Oa>(>O(54b(fG86>G4b(fMGG9g4b(i9O(9(>O`4OaG9G(54(b8Ne8>Oa>U

R SR SR SR SR S

mf4`9b(d>(5>c>b(>O()4546789(ge>G4O(a9O(d8b`ea8d9b(c(f9`a9d9b(`464(59(d>(595>c(!WWJ("ba4(>b(eO9(d>64baG9`8_O(ke>(>5(f9]b(fe>d>(`4ObaGe8G(`45>`a8i96>OQa>smV("ba4(>b(f4Gke>(̀ 4Obe5a9G4O(9(a4d9(ge>Oa>(f4b875>J((,4(ke>(b958_(d>(eO9(e4aG9(69O>G9(>b(eO9(`4Og5e>O`89(c(eO9(aG9Ob9``8_O(d>(6e`=9b(i8b84O>b(b47G>keh(>b(59(b95ed(c(keh(=9c(ke>(=9`>G(`4O(>559J

<4c(9(>qf58`9G(`_64(G>be5a9(b>G(eO(>j>6f54((d>(59b(fG8O`8f95>b(ge>G^9b(ke>>qf58`9O(59(>baGe`aeG9(8Oba8ae`84O95(O4G69a8i9(c(54b(8O`>Oa8i4b(d>5(b8ba>69(d>b>NeG8d9d(b4`895(>O(b95edV(f4G(keh(geO`84O9(`464(geO`84O9J

,9(5_N8`9(d>(fG8i9a8^9`8_O(d>5(b8ba>69(d>(b95edJ

,9(,>c(!WW(d9a9(d>(!TTLV(9n4(>O(>5(ke>(>G9(fG>b8d>Oa>()>b9G(@9i8G89(c(b>9`97979( d>( 86f5>6>Oa9G( 59( `4Oba8ae`8_O( d>5( T!J( 0b]( 68b64( 55>N_( ( >5O>4587>G958b64(d>(54b(G>g4G69d4G>b((.ed45g(D456>b(c(?4Oa>O>NG4(`4O(eO99589O^9(f9baeb9Q74N4a9O9(55>O9(d>(d>b`958g8`9`84O>b(`4OaG9(eO(>ba9d4(NG9Od>V8O>g8`8>Oa>V(̀ 4GGefa4V(a469d4(f4G(54b(f45]a8`4bV(7eb`9d4G>b(d>(G>Oa9J("ba9(9589OQ^9(a9678hO(=8^4(eO9(4d9(95(6>G`9d4(>O(>5(ke>(eba>d(d>7>(b>G(>g8`8>Oa>(c(>g8`9^b8O(i>Od>G(beb(fG4de`a4b(c(b>Gi8`84b(f4G(>O`869(d>(54(ke>(5>(`4ba9G4O(4(gG9`9Qb9GMJ($ba>d(fG4de`>(>O(>5(6>G`9d4(54(ke>(59(N>Oa>(O>`>b8a9V(eO9(a8>Od9(d>O>`>b8d9d>b(G>95>bV(c(54(fG4de`>(9(54b(fG>`84b(ke>(59(N>Oa>(>baM(d8bfe>ba9(9f9N9GJ(+8(eba>d(d>j9(̀ 46f>a8G(95(6>G`9d4V(>ba>(>b(>g8`8>Oa>V(>b(>g8`9^V(b9a8bg9`>O>`>b8d9d>b(c(=9`>(7e>O4b(O>N4`84bJ

o)_64(i964b(=9`>G(f9G9(ke>(59(b95ed(>O()4546789(geO`84O>(78>Op(1>bd>>ba9(5_N8`9(O>4587>G95(O4(=9c(ke>(69Oa>O>G(54b(=4bf8a95>b(fH758`4b(ke>(b8>6fG>>baMO(ke>7G9d4bV(=9c(ke>(d>j9G54b(ke>7G9G(c(fG464i>G(=4bf8a95>b(fG8i9d4bVG>>baGe`aeG9G(59(d>69Od9(d>(b95ed(f4Gke>(d>(>b4(>b(ke>(i8i>O(54b(7eb`9d4G>bd>(G>Oa9(d>5(b8ba>69(d>(b95edV(54b(f45]a8`4bV(54b(7eG_`G9a9bV(54b(b8Od8`9a4bV(a4d454(ke>(=9(̀ G>`8d4(95G>d>d4G(d>(>b>(b8ba>69J("b9(>b(59(8d>454N]9(N>O>G95(c(7Mb8`9ke>(̀ 4O`G>aMOd4b>(̀ 4O`G>a9(>O(d8g>G>Oa>b(6>d8d9b(d>5(b8ba>69(d>(b95edJ

"5( b8ba>69(d>( b>NeG8d9d( b4`895( >O( b95ed( ge>( 8Obf8G9d4(f4G()=85>V(f4G(eO4b96>G8`9O4Q`=85>O4b(`4O4`8d4b(`464(54b(m)=8`9N4b(74cbm(f4Gke>(i>O]9O(d>(59$O8i>Gb8d9d(d>()=8`9N4J("O()=85>(>q8ba]9(eO(b8ba>69(O9`84O95(d>(b95ed(>ba9a95VfG>befe>ba4(>ba9a95(̀ 4O(fG>a>Ob8_O(d>(̀ 47>GaeG9(eO8i>Gb95V(̀ 4O(̀ 8>Ga4b(fG475>Q69b(d>(b>N6>Oa9`8_O(f4Gke>(a4d4b(54b(`8ed9d9O4b(O4(a>O]9O(9``>b4(G>95(9a4d4J("5(=>`=4(>b(ke>(>554b(=9`>O(eO9b(8OO4i9`84O>b(>O(59b(dh`9d9b(d>5(RW(cZW(befG>696>Oa>(8Obf8G9d4G9b(f9G9(a4d9(59(G>g4G69(d>(b95ed(d>(59(dh`9d9(d>5TW(>O()4546789J(F9(;>GO9Gd4(O4b(>qf58`_(`_64(>b>(Oe>i4(b8ba>69(d>(b95ed`=85>O4(>6f>^_(9(`96789G(d>bd>(KWWXV((9b](ke>(O4(6>O`84O9Gh(54(ke>()=85>=8^4(d>bfehbV(6>(̀ 4O`>OaG4(>O(54(ke>(=8^4(>O(54b(RW(c(ZW(ke>(8Obf8G_(54(9(̀ 9b8a4d9(06hG8`9(,9a8O9(f9G9(`G>9G(d4b(b8ba>69bU(eO4(>ba9a95V(4aG4(fG8i9d4J(o1>ke8hO(b>(>O`9GN9(>5(b>`a4G(>ba9a95p(1>(54b(f47G>bV(d>(54b(i8>j8a4bV(d>(59b(>Og>GQ

R YR YR YR YR Y

6>d9d>b(fG>>q8ba>Oa>bJ($O9(fG>>q8ba>O`89(b8NO8g8`9(ke>(`e9Od4(eba>d(i9(95+>NeG4(c(=9(a>O8d4(95NeO9(>Og>G6>d9d(̀ 4O(9Oa>G84G8d9dV(>b(fG>>q8ba>Oa>(>O(>5646>Oa4(>O(ke>(eba>d(i9(9(59(9a>O`8_OJ(-9678hO(b>(>O`9GN9(d>(>Og>G6>d9d>b`4ba4b9b(4(f>Gb4O9b(`4O(>Og>G6>d9d(`G_O8`9V(58b89d4b(4(d8b`9f9`8a9d4(d>(f4Gi8d9J(&4G(>5(`4OaG9G84V(>5(b>`a4G(fG8i9d4(b>(ke>d_(`4O(>5(fe5f8a4(d>(j_i>O>bV9d8O>G9d4b(c(b9O4bJ

,9(b>NeOd9(NG9O(8OO4i9`8_O(ge>(59(8Oa>NG9`8_O(i>Ga8`95(ke>(>qf58`9V(`G>4(c4V7e>O9(f9Ga>(d>(54b(fG475>69b(ke>(i8i864b(=4c(c(ke>(>baM(955](>O(59(fG>Ob9(>Oa4d4(646>Oa4J("5(9b>NeG9d4G(a8>O>(be(G>d(d>(fG>ba9`8_O(d>(b>Gi8`84bU(69O>j954b(b>NeG4b(c(a8>O>(be(G>d(d>(=4bf8a95>b(ke>(`4OaG9a9(4(>b(be(68b64(O>N4`84f9G9(`4ObaGe8G(`5]O8`9b(c(=4bf8a95>bJ(,9(a>4G]9(b8>6fG>(>b(6ec(7e>O9(f4Gke>9b](i964b(9(54NG9G(`9O958^9G(6>j4G(59(d>69Od9l(eO4(`e9Od4(>baM(>Og>G64(O4a8>O>(O8(8d>9(keh(=9`>Gb>(f4G(ke>(O4(>b(6hd8`4V(a8>O>(ke>(8G(9(eO(6hd8`4V(>beO( 8NO4G9Oa>( 9Oa>( be( fG4f89( O>`>b8d9dJ( "ba>( >b( eO(6>G`9d4(6ec( G9G4( >O`46f9G9`8_O(̀ 4O(4aG4bV(c4(a>ON4(=967G>(c(okeh(fG>g8>G4p()9GO>(4(gGea9J(+>(68O>`>b8d9dV(f>G4(b8(a>ON4(eO9(d45>O`89(6e`=9b(i>`>b(O4(bhV(O4(a>ON4(>5(b97>Gah`O8`4V(O>`>b8a4(eO9(f>Gb4O9(ke>(>b(>5(9N>Oa>V(>5(ke>(b8(b97>(f4G(6]V(c(>b>(6>i9(9(4G8>Oa9GJF(b8(b>(8Oa>NG9(>5(9b>NeG9d4G(̀ 4O(>5(=4bf8a95V(>O(a>4G]9(i4c(9(54NG9G(b>Gi8G(6>j4G9(59(N>Oa>V(54NG9G(>`4O46]9b(d>(>b`959bV(`46fG9G(6e`=9b(`4b9bV(47a>O>G(6>Qj4G>b(fG>`84bV(>a`J("b>(feOa4(d>(i8ba9(=9`>(ke>(b>(̀ 4ObaGec9O(9b>NeG9d4G9b(ke>b>(9f4d>G9O(`9d9(i>^(69b(d>(eO9(NG9O(`9Oa8d9d(d>(=4bf8a95>b(c(`e9Od4(eO4>OaG9(9( 59(9b>NeG9d4G9(c9(b>(a8>O>(eO9(G>d(fG>d>a>G68O9d9J(,9( 587>Ga9d(d>>b`4N>O`89(O4(>q8ba>(f4Gke>(a>ON4(ke>(8G(9(59(G>d(ke>(6>(`4GG>bf4Od8_V(9b]ke>d>(5>j4bV(b>9(((59(6Mb(̀ >G`9O9V(O4(b>9(59(6>j4G(4(O4(b>9(>bf>`8958^9d9J(o#eha>ON4p(1>74(8ONG>b9G(>O(>559J

,9(4aG9(8OO4i9`8_O(ke>(=8`8>G4O(ge>(6eO8`8f958^9GJ("O()=85>V(7e>O9(f9Ga>(d>59b(G>g4G69b(ke>(b>(8OaG4dej>G4O(>O(54b(RW(c(ZW(ge>(f9G9(ke>7G9G(c(9`979G(54bb8Od8`9a4b(ke>(>G9O(6ec(ge>Ga>b(f9G9(59(hf4`9J(,9(6eO8`8f958^9`8_O(a>O]9(>5fG4f_b8a4(O4(b_54(d>(ke>7G9G(54b(b8Od8`9a4b(ge>Ga>bV(b8O4(59b(7eG4`G9`89b((ge>GQa>b(c(54b(f9Ga8d4b(ge>Ga>b(ke>(`4OaG45979O(>5(O>N4`84(fH758`4(d>(59(b95ed(f9G99a>Od>G(6eO8`8f84b(>O(be(f9Ga8`e59G8d9dJ

,9(4aG9(8OO4i9`8_O(ge>(f9Ga8`8f9`8_O(`8ed9d9O9(>O(54b(d>b9GG4554b(d>()4Ob>j4)46eO95J(*4(f9Ga8`8f9`8_O(d>(aG979j9d4G>b(b8O4(f9Ga8`8f9`8_O(d>(NGef4b(d>f4759`8_O(>O(be( 5eN9G(d>(G>b8d>O`89(c(`4Obe68d4G>b(d>(b>Gi8`84b(d>(b95ed4>de`9`8_O(b>NHO(>5(a>69J

+>Ne864b(>O(>5(5>N9d4(d>(54b(m)=8`9N4(74cbmJ("5(6>G`9d4(>b(>g8`8>Oa>(f>G4okeh(=9`>64b(`4O(54b(f47G>bV(ke>(O4(a8>O>O(f59a9(f9G9(G>i>59G(be(fG>g>G>O`894(f9G9(`46fG9G(78>O>bp("O(>b>(`9b4(>5("ba9d4(>b(7>O>i45>Oa>(c(5>b(fG>ba99ced9(9(aG9ihb(d>( 59(g4`958^9`8_OJ("5("ba9d4(d>7>(G>a8G9Gb>(d>(eO9(9a>O`8_O

R RR RR RR RR R

N>O>G958^9d9(f9G9(a4d4b(54b(̀ 8ed9d9O4b(c(̀ 4O`>OaG9G(be(9a>O`8_O(>O(g4`958^9G(954b(f47G>bJ

'aG9(8OO4i9`8_O(f9G9(a4d9(06hG8`9(59a8O9(ge>G4O(54b(be7b8d84b(9(59(d>69Od9>O(i>^(d>(9(59(4g>Ga9J("ba4(ke8>G>(d>`8G(ke>(>O(i>^(d>(=9`>G(eO(fG>befe>ba4V(>5fH758`4(i9(d8G>`a96>Oa>(9(54b(=4bf8a95>b(f9G9(ke>(hba4b(G>958`>O(59(f45]a8`9(d>b95edJ(+>(d9(eO(G>`eGb4(d8G>`a4(>(8Od8G>`a4(>b>O`895(f9G9(ke>(>5(7>O>g8`89G84d>`8d9(9(`eM5(fG>ba9d4G(9b8ba8GJ("b>(>b(>5(be7b8d84(9( 59(d>69Od9l(>O(i>^(d>be7b8d89G(9(59(4g>Ga9V(be7b8d89G(9(59b(f>Gb4O9bV(O4(be7b8d89G(9(59b(8Oba8ae`84O>bVd>(a95(69O>G9(ke>(59b(8Oba8ae`84O>b(d>79O(`46f>a8G(59b(eO9b(`4OaG9(59b(4aG9bf4G(fG>ba9G(b>Gi8`84b(9(>b9(d>69Od9(c(>5(ke>(6>j4G(54(=9N9(b47G>i8i>J("b(595_N8`9(d>(6>G`9d4V(b8(c4(5>(d4c(59(f59a9(d8G>`a96>Oa>(95(f47G>(4(9(59b(f>Gb4O9bc(>559b(d>`8d>O(9(d_Od>(9`ed8GV(54NG4(eO(b8ba>69(>g8`8>Oa>J

-G9a4(d>(>qf58`9G(54(69b(f>d9N_N8`96>Oa>(>5(G9`84`8O84(7>O>i45>Oa>(c(69G9i8Q554b4(d>5(O>4587>G958b64(f>G4(>bf>G>64b(9(`4OaG9ba9G(keh(ge>(54(ke>(b>(54NG4=9`>G(`4O(>b9b(8d>9b(a9O(7>O>i45>Oa>bJ

"5(b8ba>69(`=85>O4(fG8i9d4(=9`89(g8O95>b(d>(54b(ZWV(9a>Od]9(`9d9(i>^(6Mb(9j_i>O>b(9d8O>G9d4b(c(b9O4bV(68>OaG9b(>5(fH758`4(9a>Od]9(9(N>Oa>(69c4GV(>Og>GQ69(c(f47G>J

"O(54b(TW(b>(d8>G4O(eO9b(8OO4i9`84O>bJ(/e9O(,e8b(,4Od4n4(6ec(86f4Ga9Oa>>O(54b(`4GG8554b(d>5(79O`4(6eOd895(c(d>5(;%1(fG>NeOa9(`_64(i964b(9(G>b45i>G>b>(fG475>69(N>O>G9d4(>O()=85>J(&G4f4O>(Ne9Gd9G(59(a>b8b(d>(ke>(>5(6>G`9d4a8>O>(ke>(̀ 46f>a8G(c(fG4f4O>(be(̀ 4OaG45J(0b](ke>(b>(̀ G>_(eO9(+Hf>G(%Oa>Od>OQ`89(ge>Ga>V(c(b>(fG4feb4(ke>(>5(b8ba>69(fG8i9d4(9a>Od8>G9(9(f47G>b(9(54(ke>(hba>G>bf4Od8_(ke>(O4U((b8(O4(a8>O>O(f59a9V(b8(>baMO(695(i>ba8d4bV(O4J(+>NHO(>5(b>`a4GfG8i9d4(>5(b8ba>69(`46f>a8a8i4(O>`>b8a9(586f8>^9V(8Oi>Gb8_OV(c(54b(f47G>b(d>Q7>O(b>G(eO(7e>O(O>N4`84J(+>(fG4feb4(ke>(f4G(`9d9(f47G>(ke>(9b>NeG9G9(b>(5>d979(eO(d8O>G4J(18O>G4V(>Oa4O`>b(c9(O4(d>f>Od]9(d>(ke>(>5(f47G>(fed8>G9(4(O4f9N9GV(>b(ke>(b>(5>(f9N9(95(b>`a4G(fG8i9d4(f4G(9d>59Oa9d4V(ke>(c9(O4(a8>O>8Oa>Ghb(>O(d>`8G(O4J(*4(!WV(eO(6855_O(d>(f47G>b(i>ON9O(ke>(9=4G9(b8(b>(5>b9a8>Od>J

"b9(ge>(eO9(NG9O(8OO4i9`8_O(>O(54b(TWV(`_64(=9`>G(ke>(54b(9N>Oa>b(d>5(6>GQ`9d4(ke>(b454(9a>Od]9O(95(j4i>O(9d8O>G9d4(b95ed975>(c(7e>O(64^4(a9678hO(b>8Oa>G>b9G9OV(95(=9`>G(d>(54b(f47G>b(eO(7e>O(O>N4`84V(g8jMOd45>(fG>`84(9(`9d9eO4J(,9(NG9O(8OO4i9`8_O(ke>(d>j_(,4Od4n4(ge>(f>Ob9G(59b(i]9b(d>(6>G`9d4f9G9(4GN9O8^9G(54b(b>Gi8`84b(d>(b95ed(c(4aG4b(b>`a4G>bJ

"O(>5(646>Oa4(>O(ke>(>5(b>`a4G(fG8i9d4(aei4(ke>(9a>Od>G(eO(69c4G(OH6>G4(d>f>Gb4O9bV(8O`5ec>Od4(9(59b(ke>(O4(a8>O>O(G>`eGb4bV(beGN8_(>5(fG475>69(d>(54b`4ba4bJ()e9Oa4(6Mb(4(6>O4b(`e>ba9(eO9(f>Gb4O9V(54(ke>(O4(>bV(f4G(>j>6f54V

R ZR ZR ZR ZR Z

`464(54b(b>NeG4b(d>(54b(̀ 9GG4bJ(+8(a4d4b(̀ 46fG964b(b>NeG4b(c(O4b(̀ =4`964b>5(68b64(9n4(b>(ke8>7G9(59(9b>NeG9d4G9V(f>G4(>b(ke>(>b4(>ba9(>baed89d4l(d>`9d9(!WW(685(`9GG4b(b454(b>(`=4`9(>5(Rw(>Oa4O`>b(b>(fe>d>(`47G9G(eO(b>NeG4d>(`8>Ga9(`9Oa8d9dV(f>G4(b>(b97>(ke>(b8(>b(fhGd8d9(a4a95(i9(9(a4`9G(f9N9G(>5`9GG4V(>Oa4O`>b(̀ eMOa4b(b4O(>b>(Rw(d>(!WW(685V(69b(54b(̀ 4ba4b(d>(9d68O8baG9Q`8_OV(69b( 54b(`4ba4b(d>( 8OO4i9`8_OV(69b( 54b(`4ba4b(d>(fe758`8d9dV(69b( 54bg8O9O`8>G4b( c( 59( N9O9O`89V( >Oa4O`>b( >5( b>NeG4( b>( i>Od>(>O( a9Oa4( 59(68b695_N8`9(f9G9(`9d9(`4Oa>O`8_O(d>(`4ba4bJ()e9Oa9b(6Mb(4(6>O4b(f>Gb4O9b(b>>Og>G69O(>O(>5(9n4(c(6Mb(4(6>O4b(`e9Oa4(fe>d>(`4ba9G(>b9(b8ae9`8_OV(b>`95`e59(eO(f9ke>a>(d>(`4ba4b(ke>(d>(eO(7>O>g8`84V(54(ke>(G>be5a9(>O(eO(7e>OO>N4`84J

,9(5_N8`9(d>(54b(b>NeG4b(fG8i9d4b(b>(6>a8_(9(4GN9O8^9G(54b(b>NeG4b(d>5(d>G>`=49(59(b95edV(>b(d>`8GV(eO4(>6f8>^9(9(a>O>G(d>G>`=4(b8(a8>O>(eO(b>NeG4V(c(eO(b>NeG4>b(69O>j9d4(`4O(59(5_N8`9(d>(fG8i9a8^9`8_O(d>(54b(TW(c(b>(>qfG>b9(86f>`975>Q6>Oa>(>O(Oe>baG9(5>c(`464(>O(`9b8(a4d9b(59b(G>g4G69b(>O(b95ed(>O(06hG8`9,9a8O9J

,9(4aG9(fG>4`ef9`8_O(d>(54b(TW(ge>(59(8O`5eb8_O(d>(a4d4b(54b(9`a4G>bV(8O`5ec>OQd4(95("ba9d4(ke>(=97]9(ke>d9d4(f4G(ge>G9(>O(54b(RW(c(>O(54b(ZWJ(-9678hOfe>d>(=97>G(=4bf8a95>b(fH758`4b(c(>5(?8O8ba>G84(c(59(+Hf>G(%Oa>Od>O`89(c(54b@47>GO9d4G>b(c(54b(05`95d>b(c(a4d4b(a8>O>O(be(5eN9G(>O(>5(b8ba>69J(*4(fe>d>b>G(HO8`96>Oa>(jeN9d4G>b(fG8i9d4bJ

$O9(b>NeOd9(5_N8`9(>O(59(,>c(!WW(ge>(59(b4`8958^9`8_O(d>(54(fH758`4J("ba4(b>>qfG>b9(>O(54b(b>`a4G>b(d>(>de`9d4G>bV(b95edV(6>d84(9678>Oa>V(b>Gi8`84b(fH758Q`4bV(9Ne9V(`e9Od4(b>(>qfG>b9(ke>(59(b4`8>d9d(>b(6ec(8O>ke8a9a8i9J

+8( eba>d( a8>O>(eO9( G>59`8_O(d>( aG979j4( g4G695V( a8>O>(eO9(>ba97858d9d(>O( 54b8ONG>b4b(c(>O(>6f5>4(c(fe>d>(=9`>G(̀ 9GG>G9V(9d>6Mb(̀ 4a8^9(f9G9(be(b>NeG8d9db4`895( c( b8( be( >6fG>b9( >b( ge>Ga>( c( >baM( 9NGef9d9( >O( eO( b8Od8`9a4V( fe>d>O>N4`89G(eO4b(f9`a4b(̀ 45>`a8i4b(f9G9(59b(i9`9`84O>bV(f9G9(a>O>G(a8>6f4(̀ 4O(59g968589V(f9G9(59(`e5aeG9V(f9G9(59(`9f9`8a9`8_O(d>(59()4OaG954G]9(c(b86859G>bJ(+eaG979j4(>b(>ba975>V(`4O(9``>b4(9((b>NeG8d9d(b4`895V(9(g4G69`8_O(f>G69O>Oa>Vf>G4(b8(>5(YWw(4(YSw(d>( 59(f4759`8_O(>baM(>O(>5(b>`a4G( 8Og4G695V(O4(a8>O>`4OaG9a4V(O4(a8>O>(b95edV(O4(̀ 4a8^9V(O4(fe>d>(a>O>G(̀ 9GG>G9(fG4g>b84O95V(O4(a8>O>eO(fG4`>b4(`4Oa8Oe4(d>(9fG>Od8^9j>V(o`_64(`4ObaGe864b(eO9(b4`8>d9d(6Mbjeba9(b8O(>bf>G9G(9(ke>( a4d4b( 54b(`8ed9d9O4b( a>ON9O( aG979j4( g4G695p(De74>Oa4O`>b(eO9(`4GG8>Oa>(ke>(b>(>qfG>b_(c(ge>(6ec(86f4Ga9Oa>(>O(54b(TW(>O)4546789( `464(>O(6e`=4b( 5eN9G>b( d>(06hG8`9(,9a8O9( ke>( b>n95_( ke>( >5"ba9d4(a8>O>(ke>(N9G9Oa8^9G(d>G>`=4b(eO8i>Gb95>b(6]O864b(f9G9(59(f4759`8_OVf9G9(a4d4b(b95edV(f9G9(a4d4b(>de`9`8_OV(f9G9(a4d4b(Qd>`864b(d>bd>(>5(KWWWf9G9(9`MQ(8ONG>b4b(7Mb8`4b(6]O864bJ(*4(fe>d>(b>G(ke>(Oe>baG4b(d>G>`=4b(d>`8ed9d9O4b(d>f>Od9O(d>(ke>(a>ON964b(eO(>6f5>4(g4G695V(O4b4aG4b(54(a>O>Q

R TR TR TR TR T

64b(c(59(69c4G]9(ke>(O4(54(a8>O>V(b>(i9(9(>qfG>b9G(6ec(ge>Ga>(>O(`4OaG9(d>(59G>g4G69(d>(59(,>c(!WW(c(>O(>5(d>79a>(9(fG8O`8f84b(d>(54b(TWV(a4d4b(54b(b>`a4G>b9g>`a9d4b(>qfG>b9G4O((ke>(59(b95ed(d>7>(b>G(eO(d>G>`=4(c(a4d4b(54b(̀ 8ed9d9O4bd>7>O(f4d>G(9``>d>G(9(>b>(d>G>`=4J

,9(d>b`>OaG958^9`8_O

"ba9(459(b>(5>i9Oa_(>O(54b(ZW(c(>O(54b(TW(>O(a4d9(06hG8`9(,9a8O9J("5("ba9d4`>OaG958ba9(>O()4546789(>ba979(G>fG>b>Oa9d4(f4G(S(>Oa8d9d>b(a>GG8a4G895>b(ke>`4O`>OaG979O(>5(YSw(c(RWw(d>(59(`9f9`8d9d(d>(fG4de`8G(G8ke>^9(>O(>5(f9]bl;4N4aMV()eOd8O969G`9l(?>d>55]OV(0Oa84ke89l()958V(<955>l(;9GG9Oke8559V(0a5MOQa8`4J("O("`e9d4G(d4b(̀ 8ed9d>bV(>O(&>GH(eO9(̀ 8ed9dV(>O()=85>(>G9(+9Oa89N4(ke>`4O`>OaG979(59(68a9d(d>(59(fG4de``8_OJ

"ba9d4b(̀ >OaG958ba9b(>O(54b(ke>(95(i8i8G(>O(>5(̀ >OaG4(=9c(eO(9a9j4(g4G695l(7e>O4b=4bf8a95>bV(6ec(7e>O4b(̀ 45>N84bV((7e>O9b(i]9bV(9586>Oa4b(d>(a4d4(>5(f9]bJ(&>G4b8( b>( b95>( d>5( `>OaG4V( >O( 59( f>G8g>G89( =9c( eO9( d8bf9G8d9d( >O4G6>( c( 59( 79j9`9f9`8d9d(d>(9``>d>G(9(59(b95edV(9(59(>de`9`8_OV(9(59(`e5aeG9V(9(59b(4f4GaeO8d9Qd>bV(>b(eO9(`G]a8`9(6ec(ge>Ga>(`4OaG9(>5(`>OaG958b64J(1>bd>(54b(`4ba>n4bV(54bO9G8n>Ob>bV(54b(559O>G4bV(54b(`=4`49O4bV(b>(ke>j9G4O(d>(59(`4O`>OaG9`8_O(d>(59fG4de``8_O(d>(59(G8ke>^9(>O(;4N4aMV(?>d>55]O(c()958V((ke>(>b(d4Od>(G>b8d>(5969c4G]9(d>(59(8Oi>Gb8_O(fH758`9V(d4Od>(i8i>O(54b(fG>b8d>Oa>bV(d>(d4Od>(b4O(54b68O8baG4b(c(d>(d4Od>(b95>O(54b(6>j4G>b(=4bf8a95>bJ(0b](=9c(eO9(NG9O(feNO9`4OaG9(>5(`>OaG958b64(f9G9(d>b`>OaG958^9G(59b(4f4GaeO8d9d>b(d>(9``>b4(9(b>Gi8Q`84b(c(>b4(b>(>qfG>b9(>O(59(,>c(!WWJ

0d>6Mb(54b(05`95d>b(c(54b(@47>GO9d4G>b(a9678hO(d>7]9O(f9Ga8`8f9G(>O(59(,>cJ<964b(be69Od4(9(59(`46f5>j8d9d(>O(59(ke>(54b(587>G95>b(>baMO(>O(54(bec4V(54bke>(ke8>G>O(eO8i>Gb958^9G(d>G>`=4b(>O(54(bec4V((54b(d>bQ`>OaG958ba9b(>O(54(bec4J)46f5>j8d9d(9(59(ke>(9NG>N964b(54(b8Ne8>Oa>J

,9( a95( d>64`G9`89(f9Ga8`8f9a8i9

o)_64(9b](ke>(b_54(f4d>64b(f9Ga8`8f9G(i4a9Od4pV(o`_64(9b](ke>(b454(f4Gb8Od8`9a4(b8O(O8(b8ke8>G9(>5(!Rw(d>(54b(aG979j9d4G>b(g4G695>b(>baMO(b8Od8`958^9d4bc(59(69c4G]9(b4O(8Og4G695>bpV(od_Od>(>baM(59(f4b87858d9d(d>(ke>(c4(d8N9(95N4b47G>(54(fH758`4V(b47G>(54(̀ 45>`a8i4p(D9c(eO9(b>Ob9`8_O(d>(4Gg9Od9dV(d>(ke>(54fH758`4(O4(>baM(̀ 4ObaGe8d4V(O4(6>(f>Ga>O>`>V(O4(a>ON4(9``>b4l(b_54(>5(G8ae95(d>59(g8>ba9(>5>`a4G95(`9d9(a9Oa4(a8>6f4V(fe>b(`9b8(a4d9(59(b>Ob87858d9d(d>64`GMa8Q`9(d>bd>(54b(ZW(f9G9(9`M(>b(d>64`G9`89(f9Ga8`8f9a8i9J(#e>(59b(6ej>G>b(fe>Qd9O(d>`8G(mf45]a8`9(f9G9(6ej>G>bmV(ke>(59b(O>NG8aed>b(fe>d9O(d>`8G(mf45]a8`9f9G9(59b(O>NG8aed>bmV(ke>(54b(8Od]N>O9b(fe>d9O(d>`8G(mf45]a8`9(f9G9(54b(8Od]N>QO9bml(d>64`G9`89(f9Ga8`8f9a8i9V(f59O>b(d>(d>b9GG4554V(9ed8a4G89bV(aG9Obf9G>OQ`89J(D9c(eO( 5>ONe9j>( ke>( `e7G>( a4d9(06hG8`9(,9a8O9( >O( 54b(ZW( c(TW(ke>

Z WZ WZ WZ WZ W

69O8g8>ba9(ke>(c9(O4(79ba9(59(d>64`G9`89(>5>`a4G95l(d>7>O(8Oi>Oa9Gb>(Oe>i9bg4G69b(d>(f9Ga8`8f9`8_O(d>(a95(69O>G9(ke>(>5(`8ed9d9O4(fe>d9(>qfG>b9Gb>(d>eO9(e(4aG9(69O>G9(`4O(6Mb(4(6>O4b(hq8a4(>(8O`8d>O`89J

-4d9(>ba9(fG475>6Ma8`9(b>(>qfG>b9(>O((59(,>c(!WWJ("5(b>`a4G(fG8i9d4(>OaG9(9`9fa9G(b>NeG4b(c(`4a8^9`84O>b(f9G9(9a>Od>G(95(fH758`4(`4O(59(5_N8`9(d>(6>G`9Qd4J("5("ba9d4(>ba975>`>(ke>(d>7>(9b>NeG9G(ke>(54b(f47G>b(a9678hO(b>9O(9a>OQd8d4bV(c(O4(HO8`96>Oa>(a>O>G(eO(6>G`9d4(f9G9(54b(b9O4bV(j_i>O>b(c(9d8O>G9Qd4bJ(,4b(d>bQ`>OaG958ba9b(>q8N>O(ke>(54b(7>O>g8`84b(9(54b(6eO8`8f84b(f9b>O(f4G>5(d>f9Ga96>Oa4V(54b(6eO8`8f84b(9Oa>b(d>(8Gb>(95(=4bf8a95V(c(54b(95`95d>b(ke>QG]9O(8O`8d>O`89(b47G>(>5(9f9G9a4(d>(b95ed(6eO8`8f95J(0ke>554b(ke>(=975M7964bd>(f9Ga8`8f9`8_O(f4`4(47aei864bV(c4(=975h(79ba9Oa>(>O(>b>(a8>6f4J((+>(=9`]9eO9(5>c(9ke]V(eO9(O4G69(9`MV(aG9a9Od4(d>(`96789G(>5(>ba9d4(d>(59(b8ae9`8_O(9g9i4G(c(95N4(ke>d_(>O(d>G>`=4(`8ed9d9O4(f9Ga8`e59G6>Oa>(59(aea>59V(f>G4(>b4>b(jeba8`89(c(54b(`8ed9d9O4b(a>O>64b(d>G>`=4(9(jed8`8958^9GJ

<>64b(ke>(O4(b>(̀ 4Ob>Gi_(>5(>bf]G8ae(d>(59(,>cJ([ba9(>b(eO(a>GG>O4(>O(d8bfea9ke>(G>be5a9(d>(O>N4`89`84O>b(c(aG9Ob9``84O>bV(>qfG>b9(6e`=9b(>baG9a>N89b(>8Oa>G>b>b(d8g>G>Oa>b(f>G4(O4(a4d4b(f4G(8Ne95J($O4b(N9O9G4O(6Mb(c(4aG4b(f>Gd8>QG4O(6MbV(f>G4(ke8>G4(8Oi8a9G54b(9(f>Ob9GU(mfG86>G4(ke>(a4d4(b4c(`8ed9d9O4(caG979j4(>O(59()4OaG954G]9V((b>NeOd4V(b4c(eO(`8ed9d9O4(c(O4(HO8`96>Oa>(eOaG979j9d4G(>O(>5(b>`a4G(4g8`895(o`_64(6>(fG>NeOa4(`_64(>i95e9G(c(`_64(f4OQd>G9G(>b>(b8ba>69p(o)eM5>b(b4O(54b(8O`>Oa8i4b(f9G9(>ba86e59G(54b(d>G>`=4bV(ke>59(b95ed(b>9(eO(d>G>`=4p()9b8(a4d4b(54b(`8ed9d9O4b(a8>O>O(b>NeG4(=4cV(f4G(54a9Oa4(=9c(eO(a>GG>O4(d>(f>5>9(f4b875>(f9G9(d>g>Od>GV(O4(b8O(45i8d9G(ke>(=9ceO4b(8O`>Oa8i4b(f9G9(aG9a9G(>5(d>G>`=4(̀ 8ed9d9O4(̀ 464(eO(d>G>`=4(bef>d8a9d495(6>G`9d4(d>(54b(b>NeG4b(okeh(>b(54(ke>(f>G68a>(=9`>G(59(5>c(c(keh(O4p(o`_646>(b8aH9(O4(b454(`464(`8ed9d9O4(b8O4(`464(geO`84O9G84pm("b(d>`8GV(59(b>NeOQd9(8d>9(f9G9(eba>d>b(>bV(`464(geO`84O9G84(ke>(>j>G`>(>5(`4OaG45(=9c(ke>(fG>QNeOa9Gb>((o`eM5>b(b4O(54b(8Oa>G>b>bV(̀ eM5>b(b4O(59b(f4b87858d9d>b(c(59b(4f4GaeO8Qd9d>b(f9G9(9`ae9G(78>O((4(f9G9(9`ae9G(695p

De74(eO9(>q`>5>Oa>(b>G8>(d>(eO(8Oi>ba8N9d4G(95>6MO(95(>ba854(d>(0N9a=9()=G8ba8>Vd4Od>(b>(i>]9(95(fG4a9N4O8ba9(G46f>G(59b(f9G>d>b(c(d8bf9G9G(=9`89(a4d4b(54b59d4b(f9G9(9aG9f9G(9( 54b(6954bV( g8O956>Oa>( 54b(9aG9f9(NG9`89b(95(9OM58b8b(d>8O`>Oa8i4bJ(D4c(8Oi8a4(9(59()4OaG954G]9(9(ke>(9Oa>b(d>(ke>(>5(̀ G86>O(b>(̀ 46>a9>baed8>64b(6Mb(`eM5>b(b4O(54b(8O`>Oa8i4b(ke>(Ne]9O(54b(`46f4Ga968>Oa4b(d>59( N>Oa>J(#e8>O>b( `G>69G4O( 9( 54b( jed]4b( >O( i9G84b( f9]b>b( d>("eG4f9( >G9O=467G>b(d>(g968589V(9Oa>b(>G9O(964G4b4b(c(d>bfehb(a9678hO(54(ge>G4OJ(,4b=e69O4b(b464b(̀ 9f9`>b((d>(54(f>4G(c(d>(54(6>j4GV(59(4f`8_O(>5>N8d9(d>f>Od>d>(8O`>Oa8i4bV(d>(G>N59bV(d>(>ba]6e54bV(d>(̀ 4OaG45>bJ(&4G(>ba4V(9Oa>b(d>(>ke8i4Q`9GO4b(c(i>G(6ec(b8ba>6Ma8`96>Oa>(59(`9Oa8d9d(d>(8O`>Oa8i4b(ke>(a8>O>(>ba9,>cV(=9c(ke>(=9`>G(eO(9OM58b8b(d>(`_64(>b(ke>(geO`84O9O(59b(`4b9bV(keh(>b(54ke>(>baM(g9i4G>`8>Od4(c(keh(a8f4(d>(`46f4Ga968>Oa4(b>(d9(f9G9(`9>G(9Oa>bV=9`>G(g4G6e59`84O>bJ

Z !Z !Z !Z !Z !

"5(=>`=4(>b(ke>(54b(O>4587>G95>b(55>N9G4O(9()4546789(d>bd>()=85>V((fG4feb8>G4OfG8i9a8^9G(>5(ke>(>b(=4c(>5(NG9O(6>G`9d4(d>( 59b(f>Ob84O>bV(9b](`464(>5(d>b95edJ(F(̀ e9Od4(b>(fG>a>Od8_(d>g>Od>G(eO9(f9Ga>(d>(59(̀ 4OaG9a9`8_O(d>(59(NG9OG>g4G69(d>5( b8ba>69(d>( b>NeG8d9d( b4`895( f9G9( ke>( ge>G9( `4O( 54b( =4bf8a95>bfH758`4bV(54b(O>4587>G95>b(b>(645>ba9G4O(`4O(>5(9GNe6>Oa4(d>(ke>(O4(b>(f4d]9N9G9Oa8^9G(f4G(i]9(9d68O8baG9a8i9(c(O4(d>(̀ 46f>a>O`89(d>5(6>G`9d4V(eO9(̀ e4a9f9G9(>5(b>`a4G(fH758`4J(1>`8d8>G4O(f9b9G(95(be7b8d84(9(59(d>69Od9J

;4O4b(f9G9(54b(f47G>bV(m79e`=>GVm(59(f9597G9(>baM(>O(%ON5hb(f4Gke>(O4(i8>O>(d>06hG8`9(,9a8O9V(i8>O>(d>(54b(m)=8`9N4(74cbmV(d>(AG8>d69O(o`_64(9a>Od>G(954b(f47G>bp(+>(5>b(4`eGG8_(>5(79e`=>Gl(c4(5>(d4c(eO(74O4(9(95Ne8>OV(`4O(h5fe>d>(8G(9(G>`5969G(be(b>Gi8`84J("5(74O4(>b(>5(d>G>`=4V(59(587>Ga9d(9b8ba8d9(f9G9ke>(>5(`8ed9d9O4( 587G>6>Oa>(>b`4j9J(o#eh(G>bf4Od8>G4O(d>5(4aG4( 59d4pU(,9b95ed(f9G9(a4d4bV(9b](ke>(f9`a9G4O(>O(59(,>c(eO8i>Gb958^9G(>O(>5(geaeG4(c(fG>bQa9G5>(>5(68b64(f9ke>a>(d>(b>Gi8`84b(9(a4d4bJ(0eOke>(f9G9(>6f>^9G(=9c(d4bf9ke>a>b(4(aG>bV(>5(ke>(`4a8^9(c(>5(ke>(O4(`4a8^9V(>5(ke>(`4a8^9(>O(>5(GhN86>O`4OaG87ea8i4V(>5(ke>(O4(`4a8^9(>O(>5(GhN86>O(be7b8d89d4(c(>5(NG9O(=e>`4(d>(5968a9d(55969d4b(mi8O`e59d4bm(f9G9(54b(`e95>b(b>(5>(d9(d8O>G4(9(54b(=4bf8a95>b(959((4g>Ga9(f9G9(ke>(54b(9a8>Od9J

"O(G>`9f8ae59`8_OV(59(5>c(>b(eO9(aG9Ob9``8_OV(>b(eO9(O>N4`89`8_O(`464(`9b8a4d4V(̀ 464(>O(59(g968589J(,9(aG9Ob9``8_O(>OaG>(59(5_N8`9(d>5(6>G`9d4(mi964b(9fG8i9a8^9G(59(b95edmV(mi964b(=9`>G(b>NeG4bmV(mi964b(9(`47G9G(f4G(54b(f47G>b(cO4b(i964b(9(>OG8ke>`>Gml(59(5_N8`9(>ba9a95(ke>(d8`>(mc4(d>g8>Od4(54b(d>G>`=4bmVma4d4b(54b(`8ed9d9O4b(d>7>O(>ba9G(8O`5e8d4b(O4(b_54(i89(79e`=>G(f9G9(54b(f4Q7G>bml(59(5_N8`9(d>bQ`>OaG958ba9(ke>(d8`>(m>ba4(f9b9(f4G(59(@47>GO9`8_O(c(f4G(54b?eO8`8f84bmV(54b(O>4587>G95>b(ke>(d8`>O(meba>d(>b(587G>(d>(>b`4N>G(>5(9b>NeG9Qd4GmJ(0b](=e74(eO9(̀ 4OgG4Oa9`8_O(f>Gd8d9(ke>(9f>O9b(b>(G>i>59(=4cV(of9G9(kehb8ba>69b(d>(8Og4G69`8_O(>O(59b(95`95d]9b(b8(59(587G>(`46f>a>O`89(=9`>(ke>(59b>6fG>b9(`4OaG45>O(9(4aG9b(>6fG>b9bp(+>(d>7858a9G4O(54b(b8ba>69b(d>(8Og4G69Q`8_OJ(of9G9(keh(+Hf>G(%Oa>Od>O`89(ge>Ga>(b8(eO9(>6fG>b9(`46f8a8>Od4(`4OaG94aG9(b>(`4OaG459(6eae96>Oa>p(1>7858a9G4O(9(59(+Hf>G(%Oa>Od>O`89J

,9(587G>(`46f>a>O`89(a>O]9(ke>(d9G(5eN9G(`464(54(d8j>(95(fG8O`8f84V(b8(eba>d`46f8a>(a8>O>(ke>(b>G(>g8`8>Oa>(c(>g8`9^V(fG4de`8G(54(ke>(59(N>Oa>(O>`>b8a9(c(97e>O(fG>`84J()464(`4Ob>`e>O`89(b>(d>7858a_(eO9(`4GG8>Oa>(ke>(>ba979(>qfG>QbMOd4b>(9(O8i>5(6eOd895(>O(54b(ZW(c(54b(TW(9(g9i4G(d>(59(b95ed(eO8i>Gb95V(b47G>59(9a>O`8_O(fG869G89(>O(b95edV(b47G>(>5(>Og4ke>(b4`84(̀ 46eO8a9G84V(eO(>Og4ke>6Mb(79GG895(6Mb(d>(f4759`8_O(f9G9(d>a>G68O9G(54b(G8>bN4bV(54b(f>Gg85>b(d>f>OQd8>Od4(d>(59b(G>N84O>b(ke>(8O`5e]9(b95ed(fG>i>Oa8i9V(69f9b(d>(G8>bN4V(9a>O`8_OfG869G89V(>Og4ke>(b4`84(`46eO8a9G84(c(>Og4ke>(`45>`a8i4J(1>bd>(59(8OaG4de`Q`8_O(d>(d8O>G4(V(59(O4G69(54b(9`a4G>b(c(>5(8Oa>Ghb(b>(̀ 46f4Ga9G4O(d>(9`e>Gd4(959(m59(G>f9Ga8`8_O(d>5(f9ba>5m(>O(eO((6>G`9d4(d>(b>NeG4b(>OaG>(>5(b>`a4G(fG8i9d4c(>5(>ba9d4(`4O(6e`=4(8Oa>Ghb(f4G(f9Ga>(d>(54b(f45]a8`4b(d>f9Ga96>Oa95>b(c6eO8`8f95>bJ

Z KZ KZ KZ KZ K

"5(b8ba>69(a8>O>(ke>(g8O9O`89Gb>(̀ 4O(59b(̀ 4a8^9`84O>b(d>5(aG979j4(f>G4(>O(54b(TW>5(fG>b8d>Oa>(@9i8G89(c(>5(?8O8baG4(,4Od4n4(d8j>G4O(ke>(f9G9(N>O>G9G(>6f5>4=9c(ke>(g5>q87858^9G(>5(aG979j4V(d8b`eGb4(ke>(b>(69Oa8>O>(=4cJ(+8(eba>d(O4(a8>O>9b>NeG9d4(>5(aG979j4(c(b8(N9O9(6>O4b(c(f9N9(6>O4b(`4a8^9`8_O(f4G(59(G>59`8_O5974G95(>Oa4O`>b(95(>6f5>9d4G(5>(`e>ba9(6>O4b(`9d9(aG979j9d4G(c(m>ON9O`=9m6MbJ()4O(>b>(68b64(d8b`eGb4(b>(beba>Oa_(59(,>c(SWU(g5>q87858^9G4OV(>Oi89G4O(9eO9(`9Oa8d9d(NG9Od>(d>(N>Oa>(95(b>`a4G(8Og4G695(c(O4(b>(N>O>G_(6Mb(>6f5>4J0HO( 9b]( b>( b8Ne>( d8`8>Od4( 59( 68b69( =8ba4G89V( f>G4( d>( >b9( G>59`8_O( 5974G95d>f>Od]9(7e>O9(f9Ga>(d>(59(g8O9O`89`8_OV(9b](>5(b8ba>69(b>(>baM(d>bg8O9O`89d4f4Gke>(`9d9(i>^(6>O4b(N>Oa>(`4a8^9(c(`9d9(i>^(6Mb(N>Oa>(d>69Od9J((+>(=9d8b68Oe8d4(54b(ke>(`4a8^9O(c(b>(=9(9e6>Oa9d4(59(O>`>b8d9d(d>5(be7b8d84V(f4G>ba9(G9^_O(>5(b8ba>69(b8>6fG>(a8>O>(fG475>69b(g8O9O`8>G4bJ

"5(b>NeOd4(NG9O(fG475>69(>b(59(8Oa>G6>d89`8_O(>O(`9d>O9J("5(N478>GO4(ea858^9>5(d8O>G4(d>5(b8ba>69(O4(f9G9(9a>Od>G(59(b95ed(b8O4(f9G9(G>b45i>G(beb(fG475>69bd>( 58ke8d>^( >O( >5( 6>G`9d4( g8O9O`8>G4J( +>( 5>( >OaG>N979O( 54b( G>`eGb4b( 9( 59bN47>GO9`84O>b(c(95`95d]9b(c(>ba9b(̀ 4OaG9a979O(̀ 4O(59b(%&+J(0=4G9(=9c(eO(̀ 4Ga4`8G`e8a4l(b>(5>(f9b9(6Mb(d8G>`a96>Oa>(9(59("&+V(c(okeh(=9`>(59("&+((`e9Od4G>`87>(54b(G>`eGb4b(c(>5(=4bf8a95(c9(=9(fG>ba9d4(>5(b>Gi8`84p(1>64G9(54b(f9N4bJo#eh(=9`>(>5(=4bf8a95p(+>(ke8>7G9J

D9c(f4`9b(fG4g>b84O>b(d4Od>(b>(>baed89(c(b>(aG979j9(a9Oa4(`464(>O(>5(b>`a4Gb95ed(c(O4(>b(f4b875>(ke>(a9Oa9b(>Og>G6>G9bV(6>d8`9b(c(6hd8`4b(O8>Ne>O(a9OQa9b(`8a9bV(f4bf4ON9O(a9Oa4b(>qM6>O>b(c(O8>Ne>O(a9Oa9b(=4bf8a958^9`84O>bJ(,9G>bfe>ba9(>baM(>O(59(>q8ba>O`89(d>(8O`>Oa8i4bU(eO4(O4(>baed89(aG>`>(9n4b(f9G9d>`8G5>( 95( f9`8>Oa>( miMc9b>( f9G9( be( `9b9( `4O( eO( 87efG4g>O4mJ( "5( fG475>69N8N9Oa>b`4(d>(g5ej4(d>(G>`eGb4b(>baG9ONe59(̀ 4Oba9Oa>6>Oa>(95(b8ba>69(c(6>a_d8Q`96>Oa>(=9`>(ke>(b>(i845>O( 54b(d>G>`=4b(d>(O4b4aG4bV( 54b(`8ed9d9O4b(ke>b464b(9Oa>b(d>(b>G(geO`84O9G84bJ

,9(8Oa>NG9`8_O(̀ 46>G`895(b>(59(8Oi>Oa9G4O(54b(̀ =85>O4bJ(@G9`89b(9(eO9(58`8a9`8_Oke>(N9O_(59($O8i>Gb8d9d(*9`84O95(O4a964b(ke>(59b("&+V(9(f>b9G(d>(ke>j9Gb>f4Gke>(59(`e4a9(f4G(f9`8>Oa>(O4(95`9O^9V(f9N9O(f4G(6>d8`96>Oa4b(*(i>`>bd>(54(ke>(>O(G>958d9d(i95>OJ(05(8Oa>NG9G(̀ 46>G`895(=9`89(d>79j4(d>(59b(4f>G9`84QO>b(d>(59b(>Oa8d9d>b(fG>ba9d4G9b(d>(b95ed(=9`>(ke>(b>(>O`9G>^`9O(54b(̀ 4ba4b(c>ba9b(>Oa8d9d>b(9f9G>^`9O(95(74Gd>(d>(d>b9f9G>`>GV(54(ke>(59b(55>i9(9(b458`8a9G6Mb(G>`eGb4b(f4G(̀ 9d9(9g8589d4J(+>(fe>d>(d>`8G(ke>(>5(O>N4`84(f9G9(59b(>Oa8d9Qd>b(fG>ba9d4G9b(d>(b95ed(>baM(>O(>5(>O`9d>O968>Oa4(=9`89(979j4J(("5((8O`>Oa8i4>ba9(>O(>b9( 8Oa>NG9`8_O(c(f4G(>554(d>7>( b>G(d>baGe8d9J("5( b8ba>69( a8>O>(eOb>Oa8d4(f9G9(59(6>Oa8G9V(a8>O>(eO(8O`>Oa8i4(f9G9(`47G9G(59(6>d8`8O9(54(ke>(O4`e>ba9(>O(G>958d9d(f4G(ke>(59("&+(`e9Od4(f9N9(aG>b(i>`>bV(d8>^(i>`>bV(aG>8Oa9i>`>b(>5(i954G(>b(ke>(b>(ke>d9(`4O(>5(d8O>G4(d>(59(d8g>G>O`89(>O(>5(745b8554(c(b8fe>d>(>b>(>b(>5(8O`>Oa8i4J("b(59(a469(d>5(G>Ne59d4(f4G(>5(G>Ne59d4V(b>n4G>b(d>54b(68O8ba>G84bV(b>n4G>b(d>(54b(4aG4b(68O8ba>G84b(c(f>Gb4O9b(9ke](>ba9(>5(>baed84V

Z LZ LZ LZ LZ L

O4(>Oa>Od>64b(`_64(>b(f4b875>(ke>(>b4b(`4ba4b(b>9O(a9O(95a4bJ("b(eO9(b8ae9Q`8_O(ke>(O4(=97]9(f9b9d4V(9(59(=4G9(d>(=9`>G(>5(>baed84(b>(95>N_(ke>(O4(b>a>O]9O(59b(`958d9d>b(ah`O8`9b(O8(64G95>b(f9G9(=9`>G54V(f>G4V(>5(`4OaG459d4(O4>ba979(>O(59(G>eO8_O(f4G(ke>(54b(̀ 4OaG459d4b(8O`8d>O(>O(f4O>G(59(̀ 97>^9(d>(54bke>(`4OaG459O(9ke](c(>O(""$$J

,>b(G>`468>Od4V(f9G9(>Oa>Od>G(`4Ogeb8_OV(>5(b>n4G(6ed4(ke>(=9`>((i8d>4bb47G>(>5(b8ba>69(d>(b95ed(>O("ba9d4b($O8d4bJ("b((>5(68b64(fG475>69V(54b(ke>d>7>O(b>G(̀ 4OaG459d4b(d8`>O(ke8hO(54b(i9(9(̀ 4OaG459G(c(̀ _64(b4O(̀ 4546789O4bVb4O(8O`5eb4(d>(59(68b69(g968589V(54b(68b64b(9f>558d4bV(59b(68b69b(>6fG>b9bJ

&G475>69b(d>(59(,>c(!WW

+8(9(6](6>(f9N9O(eO9(d8O>G4(f4G(`9d9(f>Gb4O9(ke>(9b>NeG4V(od_Od>(>baM(68G>Oa97858d9dp(od_Od>(>baM(68(8O`>Oa8i4(>O(d9G5>(59(6>j4G(9a>O`8_OpV(O4(>baM(>Oke>(6>(`e>ba>(54(68b64J(+8(6>(d9O(SWW(685(f>b4b(f4G(be(`97>^9V(aG9a4(ke>eba>d(O4(6>(`e>ba>(69b(d>(KWW(685(6>a8hOd45>(9(59(9d68O8baG9`8_O(b47G>(54b`4ba4b(d>(59(6>d8`8O9V(59(=4bf8a958^9`8_O(c(fG4`>b4b(̀ 4O`468a9Oa>bJ("ba4(ke8>QG>(d>`8G(ke>(>5(b8ba>69(>baM(`4ObaGe8d4(c(O4(fe>d>(b8O4(G>f>a8G(59(aG9N>d89(d>5b>n4G(d>(ST(9n4b(c(59(O8n9(d>(!!(6>b>b(3ke>(g955>`8>G4O:(eO9(c(4aG9(i>^J("b(eO9=8ba4G89(ke>(i964b(9(i>G(G>f>a8d9l(f9G9(>Oi89G(59(`8a9(b>(ea858^9(>5(m`95>Od9G84NG8>N4mV(b>(O8>N9(59(=4bf8a958^9`8_OV(b>(O8>N9(>5(6>d8`96>Oa4V(f4Gke>(>O(`9d9O>N9`8_O(d>5(d>G>`=4(>baM(>5(O>N4`84J(,4b(geO`84O9G84b(d>(95a4b(`9GN4b(d>568O8ba>G84(=9`>O(eO9(5>c(ke>(>ba975>`>(ke>(95(a>G`>G(d]9(b>(5>(a8>O>(ke>(d9G(eO9`8a9(95(f9`8>Oa>J

"b(eO9(b45e`8_O(ke>(a8>O>(!T(9n4b(c(=9`>(!T(9n4b(59(O4a8`89(>G9(59(68b69l(>5mf9b>4mV(59(O4(9a>O`8_OV(59(O4(̀ 8a9V(miMc9b>(̀ 4O(eO(?>j4G95mJ(*4(>b(f4b875>(ke>b>9(59(8O64G958d9d(d>5(6hd8`4V(ke8b8>G9(`G>>G(>O(59(=e69O8d9d(c(f>Ob9G(ke>>b>(6>d8`4(O4(>baed8_(f9G9(g95a9G(9(be(ha8`9(b8O4(f9G9(b>Gi8GJ("b(>5(6>`9O8b64d>(8O`>Oa8i4b(f9G9(=9`>G(>5(O>N4`84(>5(ke>(=9`>(ke>(b>(G>f8a9(eO9(c(4aG9(i>^J0b](68b64(>baMO(54b(G>`47G4bJ(+8(`4O(>b4b(SWW(685(f>b4b(eba>d(a8>O>(d>G>`=49(>ba9b(!W(`4b9b(c(eba>d(55>N9(`4O(eO9(d45>O`89(O4(8O`5e8d9(>O(>b9b(!W(`4b9bV59("&+( 5>(d8`>(mO4V(O4(>baM( 8O`5e8d9V(>b9(>b( 59(4O`>9i9mV( 59(69c4G]9(d>( 59bf>Gb4O9b(O4(ie>5i>O(c(b8(ie>5i>O(>b(=9ba9(ke>(b>(f4O>(eO9(aea>59J(&4G(>b4(5969c4G]9(d>(>559b(b4O(>O(b95edJ

"5(ke>(b>9(eO(9beOa4(>O(>5(ke>(b>(N9ba9O(78554O>b(d>(f>b4b(a4d4b(54b(9n4b(c(ke>59(69c4G]9(d>(aea>59b(b>9O(b47G>(b95edV(8Od8`9(ke>(>b(eO(fG475>69(>baGe`aeG95J+>(fe>d>(d>`8G(95(N478>GO4(ke>(>baMO(f8d8>Od4( 59(4O`>9i9V(ke>(O4(>ba9798O`5e8d9V(>Oa4O`>b(>5(N478>GO4(G>f4Ga9(ke>(b8(54(>ba979(c(>5(d8O>G4(b>(f8>Gd>(c9ke>(59b("&+(`47G9O(d4b(i>`>b(f4G(54(ke>(c9(>ba979(f9N9d4J(,(ke>(=>64bi>O8d4(9(d>b`e7G8G(>b(ke>(59b("&+(=9`]9O(54b(`=>ke>b(c(5>(d>`]9O(95(N478>GO4mb_54(6>(>baMO(f8d8>Od4(59(̀ 9eb9(!!V(!KV(!LV(KSJ('7b>Gi>O(54b(̀ =>ke>b(ke>(c9

Z XZ XZ XZ XZ X

N8GhV(>ba4c(ke>7G9d4m(c(`e9Od4(55>N979(>5(d8O>G4V(>5(`=>ke>(OeO`9(=97]9(b8d4d9d4(9(54b(g89d4G>bJ

%O`>Oa8i4b(95(G474V(ie>5i4(c(54b(8Oi8a4(9(f>Ob9G(ke>(>b>(>b(>5(8O`>Oa8i4(ke>a8>O>O(54b(d>58O`e>Oa>b(a9O(869N8O9a8i4b(>O(>ba>(f9]bJ(+>(79b9(O4(HO8`96>Oa>>O(59(`9f9`8d9d(695hi459(d>(59(f>Gb4O9(ke>(b>(54(8Oi>Oa9V(b8O4(>O(59(f4b87858Qd9d(d>(=9`>G54J("b(̀ 464(=9`>(f4`4(6>(d>`]9O(eO4b(95e6O4bU(mob97>(f4G(keh>5(f>GG4(b>(G9b`9(c(b>(6e>Gd>(59(̀ 459p(&4Gke>(fe>d>mJ(&4Gke>(b8(6>(f9N9O(d4bi>`>b(f4G(54(ke>(c9(6>(f9N9G4OV(54(`47G4(d>(Oe>i4(c(b8(95(G>Ne59d4G(54(a>ON4`4OaG459d4V(c(b8(>5(b8ba>69(d>(8Og4G69`8_O(>b(g54j]b864V(a4d4(>b(d>69b89d4l(>O9G`9b(978>Ga9b(=9ba9(>5(jeba4(f>`9J

)4Oa97858d9d

*4(6>(>qa8>Od4(>O(>5(a>69(`4Oa975>V(=9c(eO(>q`>5>Oa>(587G4V(54b(8Oa>5>`ae95>bO4b(59(f9b964b(5>c>Od4(587G4b(ke>(f4d>64b(G>`46>Od9GV(f>5]`e59b(c(587G4bJ(m"5695>ba9G(`4O(59(N547958^9`8_O(>O(54b(TWm(d>(4aG4(fG>684(*47>5(d>(>`4O46]9U+a8N58a^J(0=](>baMO(a4d4b(54b(aGeke8a4b(>O(59(`4Oa97858d9dJ

)4O`>OaG9`8_O(d>(59(4g>Ga9

o#eh(ke8>G>(d>`8G(>ba4p(,4b(>`4O468ba9b(ea858^9O(eO(i4`97e59G84(ke>(̀ 958g8`9(954b(9b>NeG9d4G>b(c( be( G>d(`464(fG>ba9d4G(d>(b>Gi8`84J("ba4b(9N546>G9O(>5fG4`>b4V(G>68a>O(54b(f9`8>Oa>b(d>(eO(59d4(9(4aG4V(G>68b8_O(ke>(8Oa>NG9OV(O4d8bf>Gb9OJ(0b]( 59(d>69Od9(a8>O>(ke>( 8G(d4Od>(>baM( 59(4g>Ga9(c(O4( 59(4g>Ga9d4Od>(>baM( 59(d>69Od9J("b4(i8459( a4d9( 59(d4`aG8O9(O>4587>G95J([ba9(d84( 59bG9^4O>b(f4G(59b(`e95>b(=9c(ke>(9f4c9G(59(d>69Od9(c(O4(59(4g>Ga9U(f4Gke>(>5ke>(a8>O>(>5(d>G>`=4(>O(>5(745b8554(d>(`46fG9G(>5(b>Gi8`84(c(ke8>O(fG4de`>b>Gi8`84(i9(9(8G(=9ba9(be(`9b9(9(4gG>`hGb>54V(f>G4(O4V(54b(`8ed9d9O4b(d>7>O((8G=9ba9(>5(=4bf8a95(c(>5(=4bf8a95(O4(>baM(9`>G`9Od4(59(N>Oa>V(>b(59(N>Oa>(59(ke>(b>9`>G`9(95(=4bf8a95(c(=9c(eO4b(`9b4bV(`464(i>G>64bV(eO9b(NG9g8`9b(97b45ea9Q6>Oa>(d>64baG9a8i9b(d>5(gG9`9b4(d>(59(587>Ga9d(d>5(9b>NeG9d4G(f9G9(̀ 4O`>OaG9G>O(95NHO(b8a84(59(fG>ba9`8_O(d>(54b(b>Gi8`84bJ

-9678hO(>baM(59(d8b`G868O9`8_O(f4G(54b(b>Gi8`84bJ(+8(eba>d(>ba9(>O(>5(`4OaG87eQa8i4V(a8>O>(eO4b(d>G>`=4bV(b8(>ba9(>O(>5(be7b8d89d4(a8>O>(4aG4b(d>G>`=4bV(>Oa4OQ`>b( 59()4Ga>(b>Oa>O`8_( 59(eO8g8`9`8_OJ(+8(eba>d(>b(eO9(b>n4G9(>O(>ba9d4(d>NG9i8d>^(a8>O>(d4b(9(aG>b(`=>ke>4b(deG9Oa>(>5(>679G9^4(>O(>5(be7b8d89d4V(b8eba>d(>ba9(>O(>5(`4OaG87ea8i4(b>8bV(ob97>(54(ke>(>b4(69G`9pV(>b(eO(b8ba>69(d>68>d4J(,9(f4b87858d9d>b(d>(ke>(>5(O8n4(O9^`9(`4O(fG475>69b(c(ke>(6e>G9(c59b(f4b87858d9d(ke>(59(6ej>G(a>ON9(fG475>69b(c(6e>G9(b>(6e5a8f58`9(YKw(6MbV>b(d>`8GV(>5(b8ba>69(̀ e9Od4(d8`>(d4b(̀ 4OaG45>b(4(b>8b(̀ 4OaG45>b(>baM(9e6>Oa9OQd4(>5(G8>bN4(d>(6e>Ga>(d>5(O8n4(c(59(69dG>J("b4(̀ G>_(>b>(b8ba>69V(eO4b(̀ 4O(>ba>d>G>`=4(4aG4b(̀ 4O(>ba>(d>G>`=4V(>b(d>`8GV(=9c(>Og>G6>d9d>b(ke>(eba>d(O4(fe>d>f9d>`>G(f4Gke>(̀ 4GG>(69c4G>b(G8>bN4bJ

Z SZ SZ SZ SZ S

&G475>69b(d>(59(,>c(!WW

F9(>ba964b(>O(59(i]9V(NG9`89b(9(59()4Ga>()4Oba8ae`84O95V(d>(eO8g8`9G(54b(f59O>bJ$O8g8ke>64b(f4G(979j4V(eO8g8ke>64b(f4G(>Og>G6>d9dl(b8Ne>(59(aG9Ob9``8_O(c(59O>N4`89`8_OJ(o0(ke8hO(O4(5>(=9(f9b9d4p(0(68(6>(=9(f9b9d4(i9G89b(i>`>b(c>b4(ke>(9Od4(>O(>5(b8ba>69(c(=>(b8d4(d8G>`a4G(d>(eO(47b>Gi9a4G84(d>(b95edJ($O4f9N9(9(aG9ihb(d>(`4a8^9`8_OV(d>(fG4Oa4(55>N4(9(ke>(6>(9a8>Od9O(>O(eO9(`8ed9dd4Od>(O4(>baM(68(b>NeG4V(moaG9>(>5(̀ 9GOhpmV(m9ke](54(a>ON4mV(mi4c(9(55969G(9(i>Gb8(9ea4G8^9OmV(m7e>O4(>OghG6>b>(eO(bM79d4(9(59b(Y(d>(59(a9Gd>mV(m>6f8>`>(c(54>ba97858^4mV(mO4(>ba9(d>b=8dG9a9d4mV(mO4(>baM(95(74Gd>(d>(eO(̀ 459fb4(d>(f95f8a9Q`8_O(4(8Og9Ga4(c(a8>O>(69b(4(6>O4b(`4OaG459d4(9(aG9ihb(d>(4q]N>O4mV(mb>(i9f9G9(be(`9b8a9m(c(b8O(b8ke8>G9(`4O(%7efG4g>O4V(miMc9b>(f9G9(95Ne8>O(d>(be(G>dmVmf>G4(>b(ke>(9ke](>O(>ba9(`8ed9d(d>(68(9b>NeG9d4G9(9(>ba9(=4G9mV(mO4V(O4VaG9Oke854(5>(=9N4(eO9(g9`aeG9(c(eba>d(f9N9(c(d>bfehb(eba>d(>Oi]9(9(be(b>NeG4f9G9(ke>(6>(`47G>mJ("b>(47baM`e54(>b(b8ba>6Ma8`4J

"5( d>G>`=4(O4(>b(f4Ga975>V(f4Ga975>( >b( `e9Od4(eba>d(>O( `e95ke8>G( 5eN9G( c646>Oa4(f4G(ke>( a8>O>(>5(d>G>`=4(d>( b95edV(9``>d>(9( 59( b95edJ(0ke](>ba9bef>d8a9d4(9(59(G>d(ke>(54(9b>NeG9(c(be(G>d(ke>(fG>ba9(b>Gi8`84bV(>b(>5(d>G>`=4d>(59(>6fG>b9(9b>NeG9d4G9(ke>(b>(b47G>(f4O>(b47G>(>5(d>G>`=4(̀ 8ed9d9O4(c(599a>O`8_O(>O(b95edJ(,9(O>N9`8_O(d>5(b>Gi8`84(4`eGG>(eO9(c(4aG9(i>^J(+8(a8>O>(eOO8n4(d>b=8dG9a9d4(c(dh785(b>(G>ke8>G>(6Mb(ke>(&>d8958aV(b>(O>`>b8a9(eO(>q96>O6>d8`4(f9G9(i>G(`eM5(>b(59(79`a>G89(ke>(a8>O>(c(>5(>q96>O(5>(`e>ba9(f4Gke>(O4=9(b8d4(9ea4G8^9d4V(f4Gke>(>ba4(4(54(4aG4J(&9b9(a4d4(>5(a8>6f4V(>b(d>`8G(ke>eba>d(f9N9(>5(d>G>`=4(c(54(a8>O>(ke>(i45i>G(9(f9N9G(f9G9(ke>(54(9a8>Od9OJ("beO9(9gG>Oa9(95(d>G>`=4(c(of4G(keh(4`eGG>pV(f4Gke>(m>5(f>GG4(b>(6e>Gd>(59(̀ 459f4Gke>(fe>d>mJ

D9c(eO(979Od4O4(d>(59(fG464`8_O(c(fG>i>O`8_O(>OaG>(59b(d>7858d9d>b(d>(54bf59O>b(d>(b95edV(c(59(b95ed(b>(>Oa8>Od>(̀ 464(>Og>G6>d9dJ()9d9(i>^(ke>(=9759Q64b(d>5(b8ba>69(d>(b95edV(=975964b(>b(d>(>ba9G(>Og>G64bV(O4(=975964b(d>(54bg9`a4G>b(ke>(=9`>O(ke>(O4b(>Og>G6>64bV(ke>(O4(O4b(d8b`9f9`8a>64bV(ke>(>5O8n4(O9^`9(`4O(7e>O(f>b4(95(O9`>G(Qf4Gke>(O8n4(ke>(O9`>(`4O(79j4(f>b4(c9a8>O>(69G`9d9(d>(f4G(i8d9(eO9b(f4b87858d9d>b(d>(d>b9GG4554(b]ke8`4V(>64`84QO95(c(5974G95QJ(-9678hO(=9c(eO9(a469(d>5(b8ba>69(f4G(f9Ga>(54b(̀ 9Ga>5>bJ(("O(>5a>69(d>(̀ 4OaG45>b(fG>O9a95>b(od>(keh(d>f>Od>(>5(̀ 4OaG45(fG>O9a95p(1>5(GhN86>Od>(b95edV(d>(59b(̀ 9G9`a>G]ba8`9b(d>5(>Oa4GO4J("5(=4N9G(d>f>Od>(d>(59(54`958^9`8_Od>(59(i8i8>Od9V(9`e>de`a4V(95`9Oa9G8559d4V(b9O>968>Oa4(7Mb8`4V(>5(aGMg8`4(c(59f45e`8_OJ

,4b(̀ =85>O4b(=8`8>G4O(eO9(G>i8ba9(6ec(74O8a9l(b8ba>69a8^9G4OV(=8ba4G89b(d>(i8d9mc4(6>(55964()G8ba4ge54b(?hOd>^m(mc(c4(6>(55964(,8589O9(&G8>a4mV(mc4(O9`](>O>5(>baG9a4(!m(mc4(O9`](>O(>5(>baG9a4(YmJ(&G>b>Oa9G4O(59b(=8ba4G89b(d>(i8d9(>O(b95ed`4O(>ba9d]ba8`9b(c( 59(`4O`5eb8_O(>b(ke>(eba>d(O4(=9(O9`8d4(c(c9(>5(b8ba>69

Z YZ YZ YZ YZ Y

G>f9Ga>(4f4GaeO8d9d>b(c(G8>bN4bJ("5(b8ba>69(>b(`4Obe7ba9O`8956>Oa>(eO9(6MQke8O9(d>(4GN9O8^9`8_O(d>(d>b8Ne95d9d>b(>O(d>G>`=4bJ

-9678hO(>q8ba>(eO9(>qf4b8`8_O(d>b8Ne95(9(G8>bN4bJ(o-G979j9(eba>d(>O(>5(b>`a4Gg4G695(4(8Og4G695p(,9b(d8g>G>O`89b(>O(9``8d>Oa958d9d(b4O(a4d9bJ(+8(eba>d(>ba9>O(>5(b>`a4G(8Og4G695(c(b>(`9>(d>(59(64a4V(md>(6959bm(9(f9N9G(59(G>f9G9`8_O(d>59(64a4(c(59(4f>G9`8_O(d>5(̀ 4d4J("ba9G(>O(>5(b>`a4G(g4G695(>b(6Mb(ke>(9b>NeG9G8ONG>b4bV(>b(f4b87858d9d(d>(ke>(>q8ba9(95NeO9(fG>i>O`8_O(d>(eO(9``8d>Oa>J(F9eOke>(54b(>6fG>b9G84b(mb>(f9b9O(f4G(59(g9j9m(>5(b>NeG4(d>(9``8d>Oa>bV(>5(b>`a4Gg4G695(>ba9d]ba8`96>Oa>(>ba9(>qfe>ba4(9(6>O4b(G8>bN4b(ke>(>5(b>`a4G(8Og4G695J,9(69c4G]9(d>5(aG979j4(>b(8Og4G695V(>b(d>`8G(ke>(O4b4aG4b(>ba964b(̀ 4O(eO(YSwd>(54b(aG979j9d4G>b(>qfe>ba4b(9(eO9(`9Oa8d9d(d>(G8>bN4b(f4G(be(9`a8i8d9d(c(be4`ef9`8_O(9(54b(ke>(O4(>baMO(>qfe>ba4b(54b(4aG4bJ

$O9(i>^(6Mb(59b(̀ 9G9`a>G]ba8`9b(d>5(=4N9GV(d>5(>Oa4GO4V(d>5(>bf9`84(fH758`4V(d>5aG9Obf4Ga>V(d>(59(b>NeG8d9d(c(d>(59b(̀ 8ed9d>bV(G>f9Ga>O(d_Od>(>baMO(59b(6>j4G>bGea9bV(d_Od>(>baMO(54b(6>j4G>b(f9Gke>bV(d_Od>(>baMO(54b(6>j4G>b(`45>N84bVd_Od>(=9c(6Mb(4(6>O4b(f45e`8_OV(d_Od>(f4ON4(6Mb(f458`]9bJ(-4d9b(>b9bf45]a8`9b(d>(8OgG9>baGe`aeG9(c(>Oa4GO4(G>f9Ga>O(G8>bN4b(c(4f4GaeO8d9d>b(G>bf>`Qa4(9(59(b95edJ

1>bfehb(i8>O>(59(G>bfe>ba9(d>b8Ne95(d>(59(b4`8>d9dV(c9(i864b(eO9bV(95(O9`>Gc9(b>(aG9>O(fG4797858d9d>b(G>f9Ga8d9b(d>(69O>G9(d8g>G>Oa>V(f4G(59(4`ef9`8_Oke>(b>(a8>O>(=9c(G8>bN4b(c(4f4GaeO8d9d>bV(c(d>bfehb(b8(6>(>Og>G6hV(b>(ie>5i>O9(G>f9Ga8G(4f4GaeO8d9d>b(c(G8>bN4b(>OaG>(54b(`8ed9d9O4bJ

.>be5a9d4b(>O(b95ed

&4G(`59b>b( b4`895>b( b>(d>g8O>(>5( G8>bN4(d>(ke>( 59(69dG>(>Og>G6>(4(>5(O8n4>Og>G6>V(>5( G8>bN4(d>(ke>d9G(d8b`9f9`8a9d4V( 54b( G8>bN4b(d>(64G8G( 9Oa>bV( >5G8>bN4(d>(>Og>G6>d9d(`G_O8`9J(05(a469G(>5(>baG9a4(95a4(c(=9`>G( 54b(68b64b`M5`e54bV( ( 59( G>f9Ga8`8_O( >b( >bf>5e^O9Oa>l( 59( f47G>^9( 9g>9V( >Og>G69V( 58b89( cd8b`9f9`8a9J("ba9d]ba8`96>Oa>(>b(86fG>b84O9Oa>J(-ei>(eO(9``8d>Oa>(NG9i]b864d>(`45e6O9V(b8O(>5(b>NeG4(N54G84b4(d>($O8i>Gb8d9d(*9`84O95V(>ba9G]9(>O(eO9b8559(f4G(ke>(aei>(54b(6>j4G>b(6hd8`4bV(`4O(59b(6>j4G>b(>Og>G6>G9bV(`4O(54b6>j4G>b(a>G9f8ba9bV(`4O(59(6>j4G(9a>O`8_O(c(eO4b(9=4GG8a4b(95(59d4(ke>(f>G68Qa8>G4O(9eO(m6>a>G5>(9Ny8a9(gG>b`9(9(>b9(69a9(ke>(>ba979(69G`=8aMOd4b>mJ("bd>`8GV( `e9Od4( b>( a8>O>O( 54b(6>d84b(69a>G895>bV( >5( 9``8d>Oa>(O4(d8b`9f9`8a9a9Oa4J()e9Od4(eO(f47G>(b>(>Og>G69V(>6f8>^9(59(̀ 9d>O9(c(>6f8>^9(f4G(ke>(>b6ec(d8g]`85(b958Gb>(d>(>559J(+8(c4(6>(>Og>G64(6>(b8Ne>O(f9N9Od4(>5(b959G84V(b8eba>d(>baM(>O(>5(b>`a4G(8Og4G695(c(b>(>Og>G69V(O4(G>`87>(b959G84V(9d>6Mb(d>G>`eGb4b(f9G9( 59( (6>d8`8O9V(O4(>baM(N>O>G9Od4( 8ONG>b4J("Og>G69Gb>(>O( 59b`9f9b(d>(6>O4b(8ONG>b4(>O(59(b4`8>d9d(>b(59(aG96f9(ke>(55>i9(9(69c4G(f47G>Q^9J("Og>G69Gb>(>O(59b(`9f9b(95a9b(d>(59(b4`8>d9d(O4(G>fG>b>Oa9(6e`=4(fe>b

Z RZ RZ RZ RZ R

a8>O>(be(b>NeG4J(1e>5>((>Og>G69Gb>V(58b89Gb>V(64G8GV(>b4(5>(de>5>(9(a4d4(>5(6eOQd4J(0(54(ke>(6>(G>g8>G4O(>b(9(59b(G>f9Ga8`84O>b(8O>ke8a9a8i9b((d>(54b(d>G>`=4bV9(59(7e>O9(i8d9(ke>(4GN9O8^9(>ba>(b8ba>69(d>(b95edJ

,9(>baG9a8g8`9`8_O(ke>d_(eO4(9(b>8bl(>baG9a4(eO4V(d4b(aG>bV(`e9aG4V(>OaG>(6Mb>baG9a4V(6Mb(8ONG>b4V(6Mb(>6f5>4(g4G695V(6>j4G(b>NeG4V(6>j4G(9586>Oa9`8_OV6Mb( 8Og4G69`8_OV(68(O8i>5(>de`9a8i4(>b(6Mb(95a4V( a>ON4(6Mb(f9Gke>bV(6Mbf458`]9b(f9b>9Od4(4(68G9Od4(9(59(69b`4a9J("OaG>(6Mb(95a4(68(>baG9a4V(6MbfG4a>``8_O(a>ON4V(>OaG>(6Mb(79j4(68(>baG9a4V(6Mb(G8>bN4b(a>ON4J(&4G(>b4(b464b>5(f9]b(d>(54b(f9]b>b(69b(8O>ke8a9a8i4b(d>5(6eOd4J(*4(=>64b(f9G9d4(d>(̀ G>`>GVb_54(=e74(`G8b8b(>OaG>(!TTZ(c(!TTT(`e9Od4(79j964b(XJSw(d>5(&%;J(1>(G>ba4b8>6fG>(`G>`>64b(c(>5(`9f8a95(`8G`e59V(ke>(eO4(O4(54(i>9(>b(4aG9(`4b9(f>G4d>bfehb(d>(78554O>b(d>(f>b4b(95(9n4(>O(f45]a8`9(b4`895(>b9(>b(59(G>958d9d(d>5f9]b(d>(54b(69b(8O>ke8a9a8i4b(d>5(6eOd4V(>OaG>(6Mb(f47G>bV(6Mb(G8>bN4bV(>OaG>6Mb(G8`4V(6Mb(fG4a>``84O>b(c(6>O4b(G8>bN4bJ

&9G9(ke>(i8be958`>64bV(>ba4(>baM(=>`=4(b47G>(;4N4aMV(O4(>ba9(=>`=4(b47G>;9GG9Oke8559V(O8(?>d>55]OV(O8()958V(O8()H`ea9V(O8(;e`9G969ON9V(O8(,>a8`89J(,4bke>(>baMO(9`M(Q>O(;4N4aMQ(b4O(54b(79GG84b(d4Od>(=9c(69c4G(̀ 958d9d(d>(O8i>5(d>i8d9V(6>j4G(8OgG9>baGe`aeG9(c(6>O4b(N>Oa>V(6>O4b(f45e`8_O(c(69c4G>b(8ONG>Qb4bJ

)4O( G>bf>a4(9( 59( `9f9`8d9d(d>(f9N4(c(9586>Oa9`8_OV( >b9( 5]O>9( 54(ke>(O4b6e>baG9(>b(ke>(54b(79GG84b(d>(6Mb(N>Oa>V(69b(f47G>V(̀ 4O(eO(O8i>5(d>(i8d9(6Mb79j4V(a8>O>O(69c4G>b(fG475>69b(d>(b95ed(c(6>O4G(9a>O`8_O(>O(b95edJ("5(b8ba>Q69(O4(>baM(55>N9Od4(9(d4Od>(a>OdG]9(ke>(55>N9GV(b>(`4O`>OaG9(d4Od>(6>O4bO>`>b8d9d>b(=9cJ

"b4(G4j8a4(ke>(79j9((okeh(b4Op(+4O(>5(+8b7>OU(6Mb(O>`>b8d9d>b(8Ob9a8bg>`=9bJ,9(79GG8a9(69b(95a9(c(=9`89(9`M(6>O4b(c(59(9^e5(b4O(b_54(b>Gi8`84b(>O(`e8d9d48Oa>Ob8i4(O>4O9a95J(,4b(`e8d9d4b(f9G9(>5(G>`8hO(O9`8d4(O4(>baMO(9=](d4Od>O9`>O(b8O4(d4Od>(6>O4b(O8n4b(O9`>OV(O4(>baM(9=](d4Od>(=9c(69b(69dG>bf47G>bV(b8O4(d4Od>(=9c(69b(69dG>b(`4O(G>`eGb4bJ(<>64b(95G>d>d4G(d>(!XW`e9dG4b(>O(>5(H5a864(587G4(f>G4(>ba4b(b4O(b454(S(b454(f9G9(85ebaG9GJ()e8d9d48Oa>Ob8i4(f>d8MaG8`4V(54(68b64V(>OaG>(6Mb(6>j4G9(>5(O8i>5(d>(i8d9(d>(59(N>Oa>V6Mb(b>Gi8`84b(a8>O>(c(>OaG>(6>O4b(O8i>5(d>(i8d9(d>(59(N>Oa>V(6>O4b(b>Gi8`84ba8>O>J

&9G9( >5( `e8d9d4( 8Oa>G6>d84( d>5( 9de5a4( geO`84O9( 59( 68b69( 5_N8`9V( f9G9( 54bb>Gi8`84b(d>(=4bf8a958^9`8_OV(59(68b69(5_N8`9J("b(d>`8GV(59(`4O`>OaG9`8_O(d>(54bb>Gi8`84b((O4(>baM(d4Od>(>baM(59(N>Oa>V(59(d>69Od9V(59(O>`>b8d9dV(59(fG>`9G8>Qd9d(c(54b(G8>bN4bJ(,9(d>69Od9(a8>O>(ke>(8G(d4Od>(i9(59(4g>Ga9(c(O4(59(4g>Ga9(97eb`9G(9(59(d>69Od9J

Z ZZ ZZ ZZ ZZ Z

+>Gi8`84b(>bf>`8958^9d4b

o)_64(geOd9G(eO(b8ba>69(d>(b>NeG8d9d(b4`895(`4O(79b>(>O(54b(d>a>G68O9Oa>bb4`895>b(d>(b95edp(,9(6959(O4a8`89(>b(ke>(68>OaG9b(54b(fG8O`8f84b(ke>(geOd9O59(,>c(!WW(b8N9OV(i964b(9(a>O>G(eO9(c(4aG9(i>^(59(O8n9(d>(!!(6>b>b(c(>5(b>n4Gd>(SZ(3ke>(g955>`>O:V(eO9(c(4aG9(i>^(O4b(i9O(9(d>64G9G(59(`8a9V(eO9(c(4aG9(i>^O4b( i9O( 9( d>bf9`=9G( `4O( >5( %7efG4g>O4V( eO9( c( 4aG9( i>^( 59( =4bf8a958^9`8_Ob>GM(G>aG9b9d9V(eO9(c(4aG9(i>^(>5(fG4`>d868>Oa4(i9(9(b>G(8Oa>GGe6f8d4(f4G(54b8O`>Oa8i4bJ

$ba>d>b(f>Gb8Ne>O(54b(6954bV(O4(>bf>G>64b(95(9`a4(d>58O`e>O`895V(68G>64b(54b8O`>Oa8i4bV(d_Od>(>baMOV(jeN964b(9(>554b(fG>i>Oa8i96>Oa>V(4`9b84O956>Oa>(̀ 4O9ea4G8d9dJ(,9(b95ed(O4(>b(b454(59(9a>O`8_O((d>(59(N>Oa>(b8O4(59(fG>i>O`8_OJ(,95>c( !WW( 9`97_( >O( 7e>O9( f9Ga>( `4O( 59( 9a>O`8_O( fG869G89( >O( b95ed( c( >ba4c9b467G9d4(d>(>b`e`=9G(95(?8O8baG4(d>`8G(ke>(b>(d>7>(i45i>G(9(=9`>G(9a>O`8_OfG869G89(>O(b95edJ( (0b467G9d4(f4Gke>(b8( 54(d>b64Oa9G4O( 54b(O>4587>G95>bVge>G4O(`46eO8ba9bV(b4`8958ba9bJ("b>(>Og4ke>(b4`84(`46eO8a9G84(d>(8G(9(54b(79QGG84b(>b(eO(>ba854(`9baG8ba9J

"5(9beOa4(b4O(54b(b>NeG4b(c(54b(b>NeG4b(b4O(8Od8i8de95>b(f4Gke>(a4d4b(b464bG>bf4Ob975>bV(̀ 9d9(eO4(9Oa>(Oe>baG4b(d>b>6f>n4b(>O(59(b4`8>d9dJ(+8(eba>d(O4fe>d>(f4G(ke>(>b(f47G>(fe>b(c4( 54(9b8ba4(c(eba>d(6ha9b>(>O( 59( 5_N8`9(d>56>G`9d4(fG8i9d4(d>(54b(b>NeG4b(9b8ba8d4bJ(&>G4V(>O(>5(6>G`9d4(fG8i9d4(b>(>baMi45i8>Od4(=9759G(d>(eO9(̀ 4b9(ke>(59ba864b96>Oa>(i>O]9(a469Od4(ie>54(>O(54bRW(c(>O(54b(ZWl(9a>O`8_O(fG869G89(>O(b95edJ

;4N4aM(a8>O>(eO9(>qf>G8>O`89(f>G4(>b(eO(fG4c>`a4(̀ 4O(G>`eGb4bV(>b(eO((>Og4ke>N>O>G95V(ke>(b8(O4b(>Og>G6964b(O4(a9Oa4(f4G(Oe>baG9b(d>`8b84O>b(f>Gb4O95>bb8O4(f4G(54b(d>a>G68O9Oa>b(`45>`a8i4b(c(b4`895>bV(59(b95ed(a8>O>(ke>(>Og4`9Gb>>baGe`aeG956>Oa>(9(54b(d>a>G68O9Oa>b(̀ 45>`a8i4b(c(b4`895>b(ke>(b4O(f9G`8956>OQa>(9a>Od8d4b(f4G(>5(>Og4ke>(d>(9a>O`8_O(fG869G89(>O(b95ed(c(f59O>b(54`95>b(d>d>b9GG4554V(d>bfehb(f4G(59b(d8g>G>Oa>b(i9G8975>bJ(?8>OaG9b(b8N9(59(8Og4G6958^9`8_Od>5(aG979j4(59(b8ae9`8_O(>b(d8g]`85(f4Gke>(O4(=9c(b>NeG4b(f9G9(>ba9b(f>Gb4O9bke>( `4GG>O( a4d4b( 54b( G8>bN4bV( O4( b_54( d>( 54b( 8ONG>b4b( b8O4( d>( 6e`=9bfG>`9G8>d9d>b(>O(be(i8d9(c(d>(6e`=9(>qf4b8`8_O(9(G8>bN4bJ

,4b(>baG9a4bV(59b(f45]a8`9b(ke>(7eb`9O(>ke8f9G9G(>O(59b(`8ed9d>b(59(`958d9d(d>59(8OgG9>baGe`aeG9(b4O(d>g8O8a8i9b(f9G9(54b(G>be5a9d4b(d>(b95ed(c(>de`9`8_OJ("Oa4d9b(59b(>ba9d]ba8`9b(ke>(O4b4aG4b(a>O>64bV(eO9(6ej>G(ke>(b454(a8>O>(fG869G89<b(59(ke>(a8>O>(b>`eOd9G89V(ah`O8`9(4(fG4g>b84O95V(59b(gG>`e>O`89b(ke>(a8>O>(>5594(be(=8j4(b4O(d896>aG956>Oa>(d8ba8Oa9bU(>OaG>(69c4G(>5(O8i>5(>de`9a8i4(6e`=46>j4G(59(b95edJ(0f9G>`>(59(i9G8975>(d>(54`958^9`8_OV(>b9(587>Ga9d(f9G9(ke>(>59b>NeG9d4G(b8aH>(d4Od>(78>O(5>(f9G>^`9(59(G>d(d>(fG>ba9`8_O(d>(b>Gi8`84bV(>b9587>Ga9d(=9`>(ke>( b>9(6Mb( 5>j9O4(c( `4ba4b4(f9G9( 54b(f47G>b(9``>d>G(9( 54b

Z TZ TZ TZ TZ T

b>Gi8`84b(c(a4d4(>b>(a8>6f4(b>(aG9de`>(>O(d8O>G4(f4Gke>(>O(i>^(d>(aG979j9GVa>ON4(ke>(8G(9(ke>(6>(9a8>Od9O(c(O4(i4c(9(8G(b454J("b(eO(`4ba4(>`4O_68`4Vb8`45_N8`4(c(`e5aeG95V(eO(`4ba4(d>(b9`9G6>(d>(68(`9f9`8d9d(d>(fG4de`8G(8ONG>Qb4b((f4Gke>(59(9a>O`8_O(>baM(>O(eO9(5>j9O]9J("b(O>`>b9G84(9g>`a9G(59(G>`a4G]9(ke>54b(95`95d>b(c(N47>GO9d4G>b(d>7>O(a>O>G(b47G>(59(d8baG87e`8_O(>bf9`895(d>(599a>O`8_OJ

F(59(d>(fG>ba9`8_OV(59(ke>(d8j864b(O4(d>7>G]9(d8b`G868O9G(f4G(O8i>5(d>(8ONG>b4V`e5aeG9V(>aO89V((NhO>G4V(8d>Oa8d9d(b>qe95V(ke>(O4(d>7>G]9(d8b`G868O9G(9(O9d8>J$O(b8ba>69(ke>(d8b`G868O9(f4G(95NeO9(d>(>ba9b(G9^4O>b(>b(eO(b8ba>69(ke>N>O>G9(54b(`8ed9d9O4b(d>(fG86>G9V(d>(b>NeOd9(c(d>(a>G`>G9(`59b>J

0a>GG9d4G(>5(a>69(d>(`8>O`89(c(a>`O454N]9J(,9(69c4G(`9Oa8d9d(d>(8Oi>Gb84O>bke>(>q8ba>O(>O(6>d8`8O9(O4(b4O(f9G9(59b(>Og>G6>d9d>b(f4fe59G>bV(O4(b4O(f9G959b(>Og>G6>d9d>b(d>(59b(`e95>b(O4b(64G864b(c(d8b`9f9`8a964bV(b4O(f9G9(>OQg>G6>d9d>b(6ec(>q`5eb8i9b(f4G(ke>(>b(9=](d4Od>(>baM(59(a>`O454N]9(d>(feOa9ke>(`e>ba9(6e`=4(d8O>G4J($O(b8ba>69(d>(b95ed(4G8>Oa9d4(=9`89(59(>ke8d9d(>beO(b8ba>69(d>(b95ed(ke>(8Oi8>Ga>(>O(8Oi>ba8N9`8_O(>O(59b(>Og>G6>d9d>b(6Mbf4fe59G>bJ

,4(d>(54b(6>d8`96>Oa4b(ge>(eO9(i>GNy>O^9(c(a>G68O4(`4O(>b4J()e9Od4(b>587>G9G4O(54b(fG>`84b(c(55>N9G4O(59b(6e5a8O9`84O95>b(QaG>b(4(̀ e9aG4QV(>ba9b(be78>QG4O(54b(fG>`84b(c(=4c(f9N964b(54b(fG>`84b(6Mb(95a4b(>O(6>d8`96>Oa4b(>O(a4d906hG8`9(,9a8O9J("5(g8O9d4(68O8baG4(/e9O(,e8b(,4Od4n4(d8j4(=9c(ke>((=97]9ke>(587>G9G(>5(6>G`9d4(d>(54b(6>d8`96>Oa4b(f4Gke>(978>Ga9(59(`46f>a>O`89Vbeb(fG>`84b(a>Od>G]9O(9(59(79j9(f>G4((54(ke>(=8`8>G4O(ge>(be78G(9a>GG9d4G96>Oa>J

'GN9O8^9`8_O(d>5(b8ba>69

*4(69b(8Oa>G6>d89`8_OV(b>(d>7>(9`979G59b(3"&+:(d>g8O8a8i96>Oa>J(*4(b>(b8(b>ie>5i>(f45h68`4(4(O4V(O4b4aG4b(f>Ob964b(!:(*4(69b("&+V(K:(9`979G(59(8Oa>QNG9`8_O( i>Ga8`95( c( `46>G`895( fe>b( >b( 59( fe>Ga9( f4G( 59( ke>( b>( =9O( g85aG9d478554O>b(d>(f>b4b(9Oe956>Oa>(ge>G9(d>5(b8ba>69(f9G9(O4(9a>Od>G(9(59(N>Oa>V(L:f4Ga97858d9d(d>5(d>G>`=4V(eba>d(>b(`8ed9d9O4(c(`4O(>b4(79ba9(f9G9(ke>(b>99a>Od8d4(>O(a4d4(5eN9G(c(>O(a4d4(a8>6f4V(eba>d(O4(a8>O>(ke>(d>`8GV(m>b(ke>((689b>NeG9d4G(6>(d9(f>G68b4(4(O4(6>(d9(f>G68b4mV(O4J()e9Od4(eba>d(a8>O>d8O>G4( c( a8>O>(eO9( a9Gj>a9( eba>d( b>( 9`>G`9( 9( be(79O`9( c( 54( b9`9J("5( b>`a4Gg8O9O`8>G4(>baM( 8Oa>G`4O>`a9d4( of4G(keh(O4(>5( d>G>`=4(9( 59( b95ed( b8( >b(eOd>G>`=4(6Mb(geOd96>Oa95(ke>(59(a9Gj>a9(d>(`Ghd8a4pV(&4Ga97858d9d(d>5(d>G>`=4VfG>684(f4G(G>be5a9d4b(d>7>(b>G(>5(Oe>i4(8O`>Oa8i4l(>OaG>(6>O4b(5>(`e>ba>(9eba>d(9a>Od>G( (9( 59(N>Oa>V(6Mb(N9O9O`89V(>OaG>(6Mb(N>Oa>( 54NG>(`eG9G(6Mb8O`>Oa8i4b(c(d8O>G4(5>(f4dG]9O(55>N9G(9(d9GJ

T WT WT WT WT W

1G1G1G1G1GJ( AJ( AJ( AJ( AJ( A>58q( ?9G>58q( ?9G>58q( ?9G>58q( ?9G>58q( ?9Gaaaaa 88888O>^( ?9GO>^( ?9GO>^( ?9GO>^( ?9GO>^( ?9G aaaaa 88888OJOJOJOJOJ3)4546789:3)4546789:3)4546789:3)4546789:3)4546789:

"b(&>G84d8ba9V(?9N]ba>G(>O(+95ed(&H758`9(c(14`a4G(>O(?>d8`8O9(c(`8GeN]9J("bfG>b8d>Oa>(d>(59(AeOd9`8_O(f9G9(59(%Oi>ba8N9`8_O(c(>5(d>b9GG4554(d>(59(b95ed(c(59b>NeG8d9d(+4`895(A"1"+0,$1J("b(14`>Oa>(d>5(&4baNG9d4(>O(b>NeG8d9d(b4`895d>(59($O8i>Gb8d9d(+9Oa4(-46MbJ()4Obe5a4G(d>5()>OaG4(d>(%Oi>ba8N9`84O>b(f9G9>5(d>b9GG4554()%1(d>(59($O8i>Gb8d9d(*9`84O95(d>()4546789(>O((a>69b(d>(b>NeQG8d9d(b4`895J(?8>67G4(d>5(NGef4(d>(`468b8_O(d>(b>Ne868>Oa4(d>(59(G>g4G69>baGe`aeG95(d>5(b8ba>69(d>(b95ed(c(b>NeG8d9d(b4`895(d>(59()4Ga>()4Oba8ae`84O95J

T !T !T !T !T !

,,,,,0( 00( 00( 00( 00( 0)-$0,( ).%+%+( 1"( ,)-$0,( ).%+%+( 1"( ,)-$0,( ).%+%+( 1"( ,)-$0,( ).%+%+( 1"( ,)-$0,( ).%+%+( 1"( ,0+( A%*0*20+0+( A%*0*20+0+( A%*0*20+0+( A%*0*20+0+( A%*0*20+1",( +")-1",( +")-1",( +")-1",( +")-1",( +")-'.( +'.( +'.( +'.( +'.( +0,0,0,0,0,$1$1$1$1$1

19Od4(`e6f5868>Oa4(9(59(9N>Od9(fG4fe>ba9V(>5(14`a4G(Ah58q(,>_O((?9Ga]O>^?9Ga8OV(f>G84d8ba9V(69N8ba>G(>O(b95ed(fH758`9(c(d4`a4G(>O(6>d8`8O9(c(`8GeN]9d>(59(eO8i>Gb8d9d(*9`84O95(d>()4546789V(>b(fG>b8d>Oa>(d>(59(geOd9`8_O(f9G9(598Oi>ba8N9`8_O(c(>5(d>b9GG4554(d>(59(b95ed(c(59(b>NeG8d9d(b4`895(A"1"+0,$1V(>bd4`>Oa>(d>(f4bNG9d4((d>(b>NeG8d9d(b4`895(d>(59(eO8i>Gb8d9d(+0*-'(-'?0+`4Obe5a4G(d>5(`>OaG4(d>(8Oi>ba8N9`84O>b(f9G9(>5(d>b9GG4554()%1(d>(59($O8i>Gb8Qd9d(*9`84O95(d>()4546789( (>O( a>69b(d>(b>NeG8d9d(b4`895V(>b(68>67G4(d>5NGef4(d>(59(`468b8_O(d>(b>Ne868>Oa4(9(59(G>g4G69(>baGe`aeG95(95(b8ba>69(d>b95ed(c(b>NeG8d9d(b4`895(d>(59(`4Ga>(`4Oba8ae`84O95J

*4(=9c(O8ONHO(`4546789O4(ke>(b>(fe>d9(bebaG9>G(95(fG475>69(d>( 59(`G8b8bg8O9O`8>G9(d>5(b>`a4G((b95ed(>O()4546789V(>bf>`8956>Oa>(d>5(GhN86>O(be7b8d89d4c(d>(54b(=4bf8a95>b(fH758`4b(d>5(f9]bJ("b(f4G(>ba4(ke>(9(59(5e^(d>(59(>i95e9`8_Od>(59b((f45]a8`9b(fH758`9b((9O958^9G>64b(>ba>(fG475>69J

"O(d8`8>67G>(d>5(9n4(TL(b>(>qf8d8_(59(5>c(!WWV(`4O(>5(fG4f_b8a4(d>(54NG9G(59`47>GaeG9(eO8i>Gb95( >O( ( b95ed(f9G9( a4d4b( 54b( `4546789O4bV(f9b9Od4(d>(eOb8ba>69(O9`84O95(d>(b95ed(d>(`4Ga>(9b8ba>O`8958ba9V(>ba9a95V(4GN9O8^9d4(i>Ga8`95Q6>Oa>V(d>(f59O>9`8_O(̀ >OaG958^9d9V(̀ 4GG>bf4Od8>Oa>(9(54(ke>(be`>d]9(>O(06hQG8`9(,9a8O9((>O(54b(9n4b(YW(c(RW(d4Od>(b>(`G>979O(b8ba>69b(a4a956>Oa>(69O>Qj9d4b(f4G(59(O9`8_Ol(>ba>(b8ba>69(>G9(g8O9O`89d4(f4G(>5("ba9d4(ke>(=97]9(b8d4>O(54b(9n4b(YW(3d>bfehb(d>(59(G>g4G69(`4Oba8ae`84O95(d>(,5>G9b(.>baG>f4:(>Od4Od>(b>(`G>_(>5(b8ae9d4( g8b`95(f9G9( g8O9O`89G(9( 54b(=4bf8a95>b(d>5(f9]b(c(>5b8ba>69(O9`84O95(d>(b95edV(ge>(eO9(hf4`9(d>(NG9O(̀ G>`868>Oa4(d>(59(b95ed(>O(>5f9]b(f>G4(d>bfehb(=8^4(`G8b8b(g8b`95(c(>`4O_68`9(>O(!TZXV(d9d4(ke>(59(b95edd>f>Od>(d>5(fG>befe>ba4(O9`84O95(`9d9(i>^(ke>(=9c(`G8b8b(>`4O_68`9(c(`G8b8bg8b`95(`4Ob>`ea8i9(>Oa4O`>b(b>(fG>b>Oa9(eO9(ge>Ga>(`G8b8b(95(b>`a4G(b95ed(6ecfG4geOd9V(>b9(>b( 59(`9G9`a>G]ba8`9(d>( 54b(b8ba>69b(d>(9b8ba>O`89(fH758`9(ke>d>f>Od>O(d>5(fG>befe>ba4(O9`84O95J(&9b964b(9(eO(b8ba>69(d>(b>NeG8d9d(b4`895ke>(fG>a>Od]9(d>f>Od>G(geOd96>Oa956>Oa>(d>(9f4Ga>b(`464(59(b>NeG8d9d(b4Q`895(ke>(ge>(̀ G>9d9(>O("eG4f9((̀ 4O(9f4Ga>b(d>(54b(aG979j9d4G>b(c(54b(f9aG4O4bVfG4`>d>Oa>( d>( >b9( ( G>59`8_O( 5974G95V( ( d>( 64d4( ke>( >b( eO( b8ba>69( d>g8O9O`8968>Oa4( d8ba8Oa4( f9G9g8b`95( >( G>59`8_O( `4O( >5( b8ba>69( O>a96>Oa>fG>befe>ba95(c(g8b`95((d>(59(9b8ba>O`89(fH758`9J(+4O((`4O4`8d4b(54b(fG8O`8f84bke>(b>(f59Oa>9G4O(>O(59(5>c(!WWV(eO8i>Gb958d9dV(b458d9G8d9d(c(>g8`8>O`89(ke>(54b>ba975>`8_(c9(59(̀ 4Oba8ae`8_O(>5(d>G>`=4(eO8i>Gb95(d>(a4d4b(54b(̀ 4546789O4b(9(59b95ed(c(59(b>NeG8d9d(b4`895V(9(eO(b>NeG4(d>(b95ed(8Ne95(f9G9(a4d4b(54b(̀ 4546789QO4b(ke>(>ba975>`8_(59(5>c(!WW(c(59(̀ G>9`8_O(d>(d4b(G>N]6>O>bV(eO4(̀ 4OaG87ea8i4c(4aG4(be7b8d89d4V(>5(`4OaG87ea8i4(f9G9(59(f4759`8_O(`4O(`9f9`8d9d(d>(f9N4(c>5( be7b8d89d4(f9G9( ke8>O>b(O4( a8>O>( `9f9`8d9d(d>(f9N4( c( b4O( ( ke8>O>b( >5

T KT KT KT KT K

"ba9d4(5>b(g8O9O`89G]9(f9G`895(4(a4a956>Oa>(f9G9(9g8589G54(9(59(b>NeG8d9d(b4`895l>ba>(ge>(>5(fG4f_b8a4(8O8`895(aG9^9d4(f4G( 59( 5>c(!WWV(>ba9( 5>c(>b(eO9(6>^`59`eG84b9(`4O(eO(fG4f_b8a4(d>(fG8i9a8^9`8_O((c(d>(g4`958^9`8_O(O>4587>G95(f4G(eO59d4(((c(f4G(4aG4(eO(b8ba>69(d>(̀ 4Ga>(eO8i>Gb95(c(b4`895d>6_`G9a9V(59b(d4b(̀ 4b9bke>d9G4O(=9c(G>ie>5a9bV(>b(6ec(f9Ga8`e59G(ke>(54b(d4b(64d>54b(>q8ba9O(c9(ke>95NeO4(d>(>554b(fG869J

"5(fG4c>`a4(d>( 5>c(f59Oa>979(ke>( >5(RWw(d>( 59(f4759`8_O(f>Ga>O>`>G]9( ( 95GhN86>O((`4OaG87ea8i4(c(>5(LWw(95(GhN86>O(be7b8d89d4V(d>b9g4GaeO9d96>Oa>(954b(f4`4b(9n4b(d>(59(G>g4G69(b>(fed4(>i8d>O`89G(>5(gG9`9b4(d>(59(fG4fe>ba9VgeOd96>Oa956>Oa>(>5(gG9`9b4(d>5(GhN86>O(̀ 4OaG87ea8i4(ke>(>O(5eN9G(d>(55>N9G(95RWw(d>( 59(f4759`8_O(9(f>O9b( 54NG979(95`9O^9G(>5(XWw(d>( 59(f4759`8_OJ("OahG68O4b(d>(g8O9O`8968>Oa4(>G9((gM`85(f>Ob9G(ke>(b8(>5(RWw(d>(59(f4759`8_O95G>d>d4G(d>(be(G>59`8_O(5974G95(>ba979(i8O`e59d9(9(59(b>NeG8d9d(b4`895(>Oa4OQ`>b(>5("ba9d4(`46f5>6>Oa9G89(59(g8O9O`89`8_O(c(`4O(eO4b(9f4Ga>b(d>(b458d9G8Qd9d(ke>(=9`>O(a4d4b(54b(aG979j9d4G>b(95(GhN86>O(be7b8d89d4V(>G9(gM`85(ke>(>5(RWw(d>(59(f4759`8_O(8O`5eb4(9f4c9G9(>5(LWw(G>ba9Oa>(c(59(̀ 9GN9(f9G9(>5("ba9d4(d>>b>(LWw(G>ba9Oa>(O4(b>G]9(6ec(NG9i>V(f>G4(59b(b8ae9`84O>b(O4(b>(d>b9GG4559G4O9b]V(b454(>5(XWw(d>(59(f4759`8_O(55>N4(95(GhN86>O(̀ 4OaG87ea8i4(54(̀ e95(>6f>^_(9f59Oa>9G(eO(fG475>69(g8O9O`8>G4(6ec(b>G84(f9G9(>5(b8ba>69(N>O>G95(d>(b>NeG8Qd9d(b4`895(>O(b95edJ

o#eh( f9b4p(05( a8>6f4( `4O( 59( g4G6e59`8_O( d>( 59( 5>c( !WW( ke>( fG>a>Od>( 59`47>GaeG9(eO8i>Gb95(d>(59(b>NeG8d9d(b4`895(c(>5(g8O9O`8968>Oa4(79b9d4(geOd9Q6>Oa956>Oa>(>O(>5(aG979j4V(>O(59(G>59`8_O(5974G95(>b(d>`8GV(=9c(d4Od>(b>(N>O>G959(G8ke>^9(a9678hO(b>(d>7>(N>O>G9G(>5(78>O>ba9G(d>(54b(aG979j9d4G>bl( 54(ke>d>O468O9(;GeO4(,4aa8>(59(f4G`8_O(b4`895(d>5(b959G84V(>Oa>Od8>Od4(ke>(>5(b959G84a8>O>(d4b(`46f4O>Oa>b(eO4(ke>(>b(eO(`46f4O>Oa>(>O(d8O>G4(c(4aG4(`46f4QO>Oa>(>O(7>O>g8`84b(fG>ba9`84O95>b(b4`895>bV(d>(64d4(ke>(d4Od>(b>(N>O>G9(59G8ke>^9(d>7>G(b>G(a9Oa4(>O(>5(b959G84(`464(>O(>b>(`46f4O>Oa>(d>(7>O>g8`84bb4`895>b(d>(54b(aG979j9d4G>bV(4aG9(̀ 4b9(b>G]9(d>j9G5>(a4d9b(>b9b(geO`84O>b(b4`89Q5>b(95("ba9d4J(+86e5aMO>96>Oa>(`4O(eO9(fG4fe>ba9(d>(g8O9O`89G(59(b>NeG8d9db4`895(i]9(̀ 4OaG87e`84O>b(47G>G4Qf9aG4O95>b(geOd96>Oa956>Oa>J("b(955](̀ e9Od4>OaG964b(>O(eO9(f45]a8`9(d>(g5>q87858^9`8_O(5974G95(>b(d>`8GV(d>(>`=9G(d>5(aG979j4g4G695(9(54b(aG979j9d4G>bV(95(>`=9G(9(54b(aG979j9d4G>b(d>5(aG979j4(g4G695(f9G9f4O>G54b(>O(`4Od8`84O>b(fG>`9G89b(5974G95>b(59b(`4OaG87e`84O>b(95(b8ba>69(d>b>NeG8d9d(b4`895(>6f8>^9O(9(d8b68Oe8G(c(9(i>Gb>(9g>`a9d4bV(>b(f4G(54(9Oa>G84Gke>(O4(b4O(`46f9a875>b(>ba4b(d4b((fG4`>b4bV(>5(d>(g8O9O`89`8_O(i]9(`4OaG87eQ`84O>b(d>G8i9d9b(d>5(aG979j4(c(59(g5>q87858^9`8_O(5974G95V(9b](68b64((54b(9f4Ga>b9(59(b>NeG8d9d(b4`895V( 59(`47>GaeG9(d>5(GhN86>O(`4OaG87ea8i4(>6f8>^9O(9(b>G5868a9d9b( ( c( 59( fG4a>``8_O( b4`895( b>( d8G8N>( =9`89( eO9( `G8b8b( g8O9O`8>G9( >O( 596>d8d9(>O(ke>(59(G>59`8_O(b959G895(b>(g5>q87858^9(8O`5eb4(d8b68Oec>(c(f4G(54(a9Oa4b>(fG>b>Oa9(eO9(d8b68Oe`8_O(>O(59b(79b>b(d>(`4a8^9`8_O(c(b8(b>(fG>b>Oa9(eO9d8b68Oe`8_O(>O( 59b(79b>b(d>( 54b( aG979j9d4G>b(fe>b(>5(>ba9d4(d>7>(>OaG9G(9

T LT LT LT LT L

`e7G8G(9(eO(f4G`>Oa9j>(6e`=4(69c4G(d>( 59(f4759`8_O(ke>(O4(b>(>O`e>OaG9g8O9O`89d9(f4G((>5(b8ba>69(`4OaG87ea8i4(c(>ba4(i9(9(N>O>G9G(eO9(ge>Ga>(a>Ob8_Og8b`95(c9(ke>(>5(>ba9d4(b8>6fG>(b>(i9(9(i>G(>O(d8g8`e5a9d>b(f9G9(be7b8d89G( 59b>NeG8d9d(b4`895(d>(59(69c4G]9(d>(59(f4759`8_OJ(1>b(fe>b(d>(6e`=4b(9n4b(O4b>(9(54NG4(79j9G(>5(Oe6>G4(d>(59(f4759`8_O(O4(̀ e78>Ga9V(54(ke>(54NG4(59(5>c(!WWge>(79j9G(>b>(ZWw(O4(`e78>Ga4(f4G(59(b>NeG8d9d(b4`895(95(SYwV(geOd96>Oa95Q6>Oa>(f4Gke>(59(5>c(!WW(aei4(eO(54NG4(6ec(86f4Ga9Oa>(ke>(ge>(59(9g8589`8_Og968589G(95(GhN86>O(`4OaG87ea8i4V(c9(ke>(9Oa>G84G(9(>ba9(>5(HO8`4(ke>(b>(9g858979>G9(95( aG979j9d4G(>O(>5( GhN86>O(`4OaG87ea8i4((c( (be(NGef4(g968589G(ke>d979>q`5e8d4V(59(6>d8`8O9(g968589G(d>5(GhN86>O(`4OaG87ea8i4(b>(eO8g8`4(59((>qa>Ob8_Od>( 59(`47>GaeG9J(,9b(`4a8^9`84O>b(95( GhN86>O(`4OaG87ea8i4(>O( 59b(9Oa>G84G>b`4Od8`84O>b(d>b`G8a9b(b4O(fG>`9G89bJ

D8ba_G8`96>Oa>(59(b>NeG8d9d(b4`895(b>(=9(̀ 4ObaGe8d4(b47G>(59(79b>(d>(59(G>59`8_Ob959G895(c9(ke>(>O(d8`=9(G>59`8_O(b>(4G8N8O9O(59b(`4a8^9`84O>b(ke>(g8O9O`89O(>5b8ba>69(c( b8O( >679GN4( `4O( 59( g5>q87858^9`8_O( 5974G95( ( b>( `G>9G4O( g4G69b(d>`4OaG9a9`8_O(((5974G95(8O>ba975>b(`4O((>5(4`e5a968>Oa4(d>(`4OaG9a4b(5974G95>b79j4( 59( g4G69( d>( i>Oa9( d>( b>Gi8`84b( 4( `4OaG9a4b( `46>G`895>b( ke>( 55>i9O( 95d>a>G84G4(d>(59b(`4OaG87e`84O>b(c(>O(59(6>d8d9(ke>(59b(`4OaG87e`84O>b(b>(d>a>QG84G9O(b>(d>a>G84G9( 59(9g8589`8_O(95( GhN86>O(`4OaG87ea8i4(c(>5(i9`84(>Oa4O`>bd>7>(b>G(be7b8d89d4(f4G(>5("ba9d4J(-4d9b(>ba9b(69O>G9b(ke>(b>(ea858^9G4O(f9G9G46f>G(>5(i]O`e54(5974G95(b4O(59((d>b5>N8a869`8_O(d>((59(79b>(d>(54b(d>G>`=4b`45>`a8i4b((58N9d4b(95(aG979j4(`464(54b(b4O(59(b>NeG8d9d(b4`895J

,9(f9Ga8`8f9`8_O(d>( 54b(9b959G89d4b(b47G>(>5( a4a95(d>( 59(ge>G^9( 5974G95(=97]9`G>`8d4(>O()4546789(d>bd>(`468>O^4(d>(b8N54(=9ba9(54b(9n4b(ZW(`e9Od4(`4Q6>O^_(9(d8b68Oe8GV( 59(d8b68Oe`8_O(b>( a4GO4(6ec(9`>Oae9d9(9(f9Ga8G(d>( 54b9n4b(TW(`4O( 59( 8OaG4de``8_O(d>( 59(f45]a8`9(d>( g5>q87858^9`8_O( ( 5974G95( `464f9Ga>(d>(59(G>g4G69(d>(54b(6>G`9d4bV(>O(`4Ob>`e>O`89(59(G>6eO>G9`8_O(9(59G>Oa9( 9e6>Oa9( c( 59( d>( 54b( b959G84b( d8b68Oec>( >b( d>`8GV( ke>( 54b( >q`>d>Oa>b>`4O_68`4b(ke>(N>O>G9(>5(f9]bV(ke>(N>O>G9(59(fG4de``8_O(d>(54b(aG979j9d4G>b9( f9Ga8G( d>( 54b( 9n4b( TW( >6f>^9G4O( 9( d8b68Oe8G( >O( 59( f9Ga8`8f9`8_O( >O( >5f4Okeh(d>(59b(N9O9O`89b(O9`84O95>bJ("O(S(9n4b(3KWWWQKWWS:(b>(f>Gd8>G4O(SfeOa4b(d>(&%;((f4G(f9Ga>(d>(54b(aG979j9d4G>bJ(,4(9Oa>G84G(9(N>O>G9d4(59(g4G6eQ59`8_O(d>(i9G89b(8Oi>ba8N9`84O>b(>O(ahG68O4b(d>(59(fG4a>``8_O(b4`895(>OaG>(59bke>(>ba9(eO9(G>958^9d9((f4G(59($O8i>Gb8d9d(+9Oa4(-469b(d4Od>(b>(ke>G]9(b97>G`eMOa4(f9N979O(59b(>6fG>b9b(>O(b>NeG8d9d(b4`895(>O(̀ 9d9(b>`a4G(>`4O_68`4((c`e9Oa4(d>j979O(d>(f9N9Gl(`464(>G9O(59b(((g968589b(ke>(a>O]9O(b>NeG8d9d(b4`895c(59b(ke>(O4(a>O]9O(>ba>(7>O>g8`84(c(`eM5(>G9(>5(`4ba4(f9G9(59b(g968589b(d>(O4a>O>G(b>NeG8d9d(b4`895(b47G>(59(`958d9d(d>(i8d9(c(>g>`a8i96>Oa>((54b(G>be5a9d4b9GG4j9d4b(f4G(>ba9b(8Oi>ba8N9`84O>b((((d>64baG9G4O(ke>(59(`958d9d(d>(i8d9(d>59b(f>Gb4O9b(ke>(a>O]9O(b>NeG8d9d(b4`895(>G9(6>j4GV(c9(ke>(f4d]9O(9=4GG9G95NeO4b(9`a8i4bV(a>O]9O(6Mb(i8i8>Od9V(9ea4b(V(beb(=8j4b(95`9O^979O(eO(69c4GO8i>5(>de`9a8i4(ke>(54b(ke>(O4(59(a>O]9OJ(,9(b>NeG8d9d(b4`895(54(ke>(N>O>G9(>b

T XT XT XT XT X

>ba97858d9d( d>5( 8ONG>b4( d>( 59b( g968589bV( >ba>( >b( be(47j>a8i4(fG8O`8f95J( "O( >5b>Ne868>Oa4(d>(>ba9(8Oi>ba8N9`8_O(b>(i>(̀ 464(95NeO4b(b>`a4G>b(>`4O_68`4b(O4f9N9O(59(b>NeG8d9d(b4`895(9(beb(aG979j9d4G>bV(54(ke>(N>O>G9(G8>bN4(>`4O_68`4f9G9(>5("ba9d4J

,9(b>NeG8d9d(b4`895(`e>Oa9(`4O(X(a8f4b(d>(b>NeG4b(9(O8i>5( 8Oa>GO9`84O95V(>5b>NeG4(d>(>Og>G6>d9d(N>O>G95(c(69a>GO8d9d(>5(̀ e95(f9N9(59(9a>O`8_O(>O(b95edV59( 8O`9f9`8d9d( c( 59( 58`>O`89( d>(69a>GO8d9dl( >5( b>NeG4( d>( 8Oi958d>^V( i>j>^( c6e>Ga>(ke>(N9G9Oa8^9(59(f>Ob8_O(d>((8Oi958d>^V(i>j>^(4(beba8ae`8_O(b8(6e>G>(>aG979j9d4Gl(>5(b>NeG4(d>(9``8d>Oa>(d>(aG979j4(4(>Og>G6>d9d(fG4g>b84O95(>5(`e95N9G9Oa8^9(ke>(`e9Od4(eO(aG979j9d4G(b>(9``8d>Oa>(>O(be(aG979j4(4(9dke8>G>(eO9>Og>G6>d9d(fG4g>b84O95(a8>O>(d>G>`=4(9(f>Ob8_O(d>(8Oi958d>^(c(>5(̀ e9Ga4(b>NeG4>b(>5(d>(d>b>6f5>4J("ba4b(`e9aG4(b>NeG4b(N9G9Oa8^9O(ke>(>O(59(>`4O46]9(d>6>G`9d4(54b(aG979j9d4G>b(a>ON9O(eO9(>ba97858d9d(d>(8ONG>b4b(gG>Oa>(9(̀ e95ke8>G`4Oa8ON>O`89((c9(b>9(d8G>`a96>Oa>(4(beba8aea8i96>Oa>V(9`e>Gd4(95(ke>(b>(55>N4f4G(b>G(47j>a8i4(geOd96>Oa95(d>(59(b>NeG8d9d(b4`895(59(>ba97858d9d(c(b>NeG8d9dd>(54b(8ONG>b4b(d>(54b(aG979j9d4G>b(c(beb(g968589bV(9(̀ 96784(d>(>ba9(>ba97858d9dc(b>NeG8d9d(d>(54b(8ONG>b4b(d>(54b(aG979j9d4G>b(c(beb(g968589b(fe>d>O(a>O>G(eOgeaeG4(G>59a8i96>Oa>(9`>Oae9d4(>O(>5(b>Oa8d4(>O(ke>(9(d8g>G>O`89(d>(54b(ke>(O4a8>O>O(b>NeG8d9d(b4`895V((O4(i9O(9(f>Gd>G((NG9Od>b(`9Oa8d9d>b(d>(beb(9`a8i4b>O(95NeO9(`4Oa8ON>O`89(((d>(>Og>G6>d9dV(fhGd8d9(d>(>6f5>4(>a`J("ba4b(ge>G4O54b(9e6>Oa4b(d>(59(b>NeG8d9d(b4`895((ke>(b>(i8>G4O(`4O(59(5>c(!WW(d>5(TR(95KWWZV(>O(5eN9G(d>(a>O>Gb>(eO(9e6>Oa4(>O(̀ 47>GaeG9(>O(59(b>NeG8d9d(b4`895(G>95ke>(>b( 59(d>5(GhN86>O(`4OaG87ea8i4(ke>(>b( 59(ke>(N9G9Oa8^9(9( 59b(g968589b( 59>ba97858d9d(d>(8ONG>b4b(b>(aei4(eO9(G>de``8_O(d>(hba9J

)4O( 59( g4G6e59`8_O( (d>( 59( 5>c(!!KK(d>(KWWR(>O(>5(N478>GO4(d>($G87>V( b>4g8`8958^9( >5( fG475>69(d>( 59( 79j9( `47>GaeG9( >O( >5( GhN86>O( `4OaG87ea8i4( c( >5>ba9d4(b>(>6f8>^9(9(=9`>G(`9GN4(d>(59(a4a958d9d(d>(59b(f>Gb4O9b((O4(9g8589d9bc( 9( =9`>G( >g>`a8i4( >5( fG8O`8f84( d>( eO8i>Gb958d9dV( 9be68>Od4( eO9( f4b8`8_ON9G9Oa8ba9(c(d>(78>O>ba9GJ("5(fG475>69(d>(ke>(>5(>ba9d4(b>(=9N9(̀ 9GN4(d>5(̀ 4ba4d>(59(b95ed((>(`e9Oa4(9(59(b>NeG8d9d(b4`895(>b((ke>(N>O>G9(eO(G>aG4`>b4(>O(>5a>69(d>(b95ed(c9(ke>(9eOke>(b>(=975>(d>(eO9(eO8i>Gb958d9d(>O(59(fG>ba9`8_Od>5(b>Gi8`84(b>(i9(9(i>G(G>de`8d4(>5(f9ke>a>(d>(b>Gi8`84b(c9(ke>(>5(GhN86>O`4OaG87ea8i4(979G`9(69b(>bf>`8958d9d>bV(69b(b>Gi8`84b((>a`J(#e>(59(d>5(GhN8Q6>O((be7b8d89d4(ke>(a8>O>(5868a9`84O>b(>O(̀ e9Oa4(9(9a>O`8_OJ("ba>(fG4c>`a4(d>5>c(O4(ge>(9fG479d4(c(59(`4Ga>(`4Oba8ae`84O95(3b>Oa>O`89(RYWrKWWR:((b>(fG4QOeO`84(c9(ke>(hba9(g4G6958^979(59(8O>ke8d9d(9(f>b9G(d>(b>G(eO8i>Gb95(f4G(a>O>GeO(f9ke>a>(G>de`8d4(d>(b>Gi8`84b(f9G9(eO4b(c(f9G9(4aG4b(O4V(9d>6Mb(59(5>c!WW((>ba975>`8_(ke>(a4d4b(54b(`8ed9d9O4b(879O(9(a>O>G(eO(f59O(d>(b95ed(8Ne953eO8i>Gb958d9d:(c(59(`4Oba8ae`8_O(a8>O>O(`464(fG8O`8f84b(59(8Ne95d9d(c(59(>ke8Qd9d(>O(a4d4b(54b(b>Oa8d4bJ(,4(9Oa>G84G(ge>(d>O468O9d4(>5(G>a4GO4(d>5(>ba9d4(d>78>O>ba9G( 95( d>( 59( ( 7>O>g8`>O`89(fH758`9(f4G( >5( g8O9O`8968>Oa4( >ba9a95( ( ke>bef4O>(d8b4`89G(`9d9(i>^(6Mb(54(>`4O_68`4(d>(54(b4`895V(N>O>G9Od4(eO9(GefQ

T ST ST ST ST S

aeG9(a4a95(d>(59(G>958d9d(c9(ke>(f9G9(>5(`8ed9d9O4(>b(HO8`9(59(g4G69(d>(`4Ob>QNe8G(8ONG>b4b(c(b9a8bg9`>G(beb(O>`>b8d9d>b(b8>Od4(>ba>(>5(64d4(d>(8Ob>G`8_O(>O59(b4`8>d9dV(eO(`8ed9d9O4(b>(8Ob>Ga9(>O(59(b4`8>d9d(>O(geO`8_O(d>(be(aG979j4(c>ba9(8Ob>G`8_O(V(>b4b(7>O>g8`84b(ke>(>5(aG979j9Od4(5>(9f4Ga9(9(59(b4`8>d9d(d>7>Ob>G(G>aG87e8d4b(f4G(59(b4`8>d9d(>O(ahG68O4b(O4(b454(d>(d8O>G4(4(d>(eO(b959G84b8O4(d>(eO4b(d>G>`=4b(c(eO(>ba9d4(d>(78>O>ba9G(c(>b4(>b(54(ke>(bef4O>(59+>NeG8d9d(+4`895J

+>f9G9G(54(>`4O_68`4(d>(54(b4`895(`464(f45]a8`9V(b8NO8g8`9(a9678hO(b>f9G9G(>5aG979j4(d>5(d>G>`=4(9(59(+>NeG8d9d(+4`895V(>Oa>Od8d9(hba9(`464(59(fG>i8b8_Of9G9(59(>Og>G6>d9dV(59(8Oi958d>^(4(59(i>j>^l(4(6>j4G(`464(54b(b8ba>69b(b458d9QG84b( d>( fG4a>``8_O( ke>( N9G9Oa8^9O( 59( `4Oa8Oe8d9d( c( >ba97858d9d( d>5( 8ONG>b4g968589G(>O(eO9(>`4O46]9(d>(6>G`9d4J

&4G(54(9Oa>G84G(>b(86f4Ga9Oa>(feOae958^9G(ke>(59(+>NeG8d9d(+4`895(>b(eO(b8ba>Q69(fG4f84(d>(59b(>`4O46]9b(d>(6>G`9d4(c(>b(fG4f89(d>(59b(>`4O46]9b(`9f8a9Q58ba9bJ("O(`96784( 59(b>NeG8d9d(b4`895( 58N9d9(95( aG979j4(=9(`4Ob458d9d4(>O(>56eOd4(eO(9`e>Gd4(b4`895(ke>(fG>689(95(aG979j9d4GV(>ba97858^9(>5(8ONG>b4(c(>5`4Obe64V(N9G9Oa8^9(>5(78>O>ba9G(b4`895(d>5(aG979j9d4G(c(be(g968589(c(g9i4G>`>(>5d>b9GG4554(>`4O_68`4(b4ba>O8d4J

,9( d>g8O8`8_O( d>( b>NeG8d9d( b4`895( ( ( 55>i9d9( 9( eO( `4ONG>b4( >O( )e79( f4GA"1"+0..',,'(>O(>5(9n4(KWWWV(ge>(59(b8Ne8>Oa>(m59(b>NeG8d9d(b4`895(fe>d>b>G(47b>Gi9d9(`464(>5(`4OjeOa4(d>(6>`9O8b64b(`G>9d4b(f9G9(N9G9Oa8^9G(59>ba97858d9d(d>5(8ONG>b4(8Od8i8de95(4(g968589G(>O(eO9(>`4O46]9(d>(6>G`9d4(>bd>`8GV( 59(fG4a>``8_O(`4OaG9( 59b( `4Oa8ON>O`89b( 54(`e95(>b( 86f>Ob975>(>O(eO9b4`8>d9d(`9f8a958ba9V(>O(59(`e95(>5(>ba9d4(O4(a8>O>(59(geO`8_O(d8G>`a9(d>(g8O9OQ`89G(>5(8ONG>b4(c(59(fG4a>``8_O(d>(59b(O>`>b8d9d>b(d>(59b(g968589b(>b(d>`8GV(>5aG979j9d4G(d>7>(`4Ob>Ne8G(beb(G>`eGb4b(f9G9(i8i8>Od9V(>de`9`8_OV(i>bae9G84(ca4d9b(59b(O>`>b8d9d>bl(d>(O4(̀ 4Oa9G(̀ 4O(>b4b(6>`9O8b64b(ke>(5>(f>G68a>O(>O54b(`9b4b(d>(`4Oa8ON>O`89V((>Og>G6>d9dV(i>j>^(4(d>b>6f5>4V( 59b(g968589b(b>ke>d9G9O(b8O(8ONG>b4b(f9G9(be7b8ba8G(4(i>GMO(d>a>G84G9d4b(beb(8ONG>b4b(c(be`958d9d(d>(i8d9J(&4G(4aG4(59d4(b8O(b>NeG8d9d(b4`895V(>5(>bge>G^4(d>(9`e6e59`8_Og968589G(4(d>(9=4GG4((f4dG]9(f>Gd>Gb>(f4G(eO9(b459(`4Oa8ON>O`89J

)4O(79b>(9(54(9Oa>G84G(`8a4(59(gG9b>(d>(E855896(;>i>G8dN>V(f9dG>(d>(59(+>NeG8Qd9d(+4`895("eG4f>9( ( mb>(ea858^9(>5( a>G68O4(b>NeG8d9d(b4`895V(f9G9( 8Od8`9G( 59b>NeG8d9d(ke>(eO4b(8ONG>b4b(G>6f59^9G9O(9(59b(N9O9O`89b(̀ e9Od4(>ba9b(=9559Ob8d4(8Oa>GGe6f8d9b(f4G(>5(d>b>6f5>4V(59(>Og>G6>d9d(4(>5(9``8d>Oa>V(fG4i>>GMOf9G9(>5(G>a8G4(4`9b84O9d4(f4G(59(>d9dV(fG4i>>GMO(̀ 4OaG9(59(f>Gd8d9(d>5(b4ba>O8Q68>Oa4(69a>G895(f4G(59(f>Gd8d9(d>(4aG9(f>Gb4O9(c(=9GMO(gG>Oa>(9(54b(N9ba4b>q`>f`84O95>b(̀ 464(54b(ke>(>baMO(G>59`84O9d4b(̀ 4O(>5(O9`868>Oa4V(59(6e>Ga>(4>5( 69aG864O84mJ( +>NeG8d9d( b4`895( b8NO8g8`9( fG8O`8f956>Oa>( b>NeG8d9d( d>( 54b8ONG>b4b(d>(54b(aG979j9d4G>b(c(>b>(ge>(>5(NG9O(9`e>Gd4(b4`895(95(ke>(55>N9G4O(>O

T YT YT YT YT Y

"eG4f9(>5(`e95(5>(d84(>ba97858d9d(c(`G>`868>Oa4(>`4O_68`4(deG9Oa>(YW(9n4bV>ba9b(d>`8b84O>b(9`>G`9(d>( 59( b>NeG8d9d(b4`895(O4(b>(d8>G4O(>O( a8>6f4b(d>74O9O^9(>`4O_68`9V(b>(d8>G4O(>O(59(f4bNe>GG9(`e9Od4(b>(>O`4OaG979O(ke>Q7G9d4bV( 5e>N4(d>( 59( G>i45e`8_O( 8OdebaG895( ke>( 5>( d84(69c4G( ge>G^9( 9( 5e`=9bb8Od8`95>b(`4O(>5(g8O(d>(6>j4G9G(59b(6959b(`4Od8`84O>b(d>5(aG979j4V(c9(ke>(>5d>bf59^968>Oa4(d>(54b(`96f4b(9(59b(^4O9b(eG79O9b(N>O>G979(59(`G>9`8_O(d>d8g>G>Oa>b(a8f4b(d>(G>59`84O>b(5974G95>b(59b(̀ e95>b(d9G]9O(beGN868>Oa4(9(d>7>G>bc(d>G>`=4b(f4G(f9Ga>(d>(54b(f9aG4O4b(c(54b(aG979j9d4G>b(ke>(N9G9Oa8^9G9O(59i8d9V(59(>Og>G6>d9dV(59(g968589V(59(i>j>^(>a`JV(c9(ke>(eO(64d>54(ke>(O4(d>b9GG4Q55>(>ba4(O4(>b(`46f9a875>(`4O(59(i8d9(d>(59b(f>Gb4O9bV(f4G(>ba4(O4(>b(f4b875>b>f9G9G(54(>`4O_68`4(d>(54(b4`895V(c9(ke>(b>(d>7>(a>O>G(>O(̀ e>Oa9(9(59(ge>G^9(d>aG979j4(ke>(b4O(59b(f>Gb4O9bJ

"O(59b(8Oi>ba8N9`84O>b(G>958^9d9b(b>(fed4(47b>Gi9G((d>(54b(d8g>G>Oa>b(b>`a4G>bd>(59(>`4O46]9(`e9Oa4(9f4Ga9(`9d9(eO4(9(59(b>NeG8d9d(b4`895V(`e9Oa4(f9N9`9d9(b>`a4G(>`4O_68`4(>O(86fe>ba4b(d>(G>Oa9(>(%<0(c(`e9Oa4(>b(59(G>ba9(d>>ba4b(d4b(i954G>bl(>5(b>`a4G(9NG4f>`e9G84(f4G(>j>6f54(V(d>j4(d>(f9N9G(f4G(beb9b959G89d4b((!(7855_O(d>(f>b4b(>O(>5(9n4(KWWX(d>(54(ke>(5>N956>Oa>(d>7>G]9f9N9G(>5(f9aG4O4(c(f9N9O(f4G(a4a958d9d(d>(86fe>ba4(3>5(9NG4(O4(f9N9(86fe>bQa4b:(d>(G>Oa9(%<0(KR!(68554O>b(d>(f>b4bV(>O(`4O`5eb8_O((>5("ba9d4(5>b(>ba9f9N9Od4(ZWW(685(68554O>b(d>(f>b4J(()4O(54(9Oa>G84G(=9c(ke>(a>O>G(>O(`e>Oa9b8>6fG>(54(ke>(>5(b>`a4G(d>j9(9(59(>`4O46]9(c(be(f4G`>Oa9j>(>O(>5(&%;(f9G9b4f>b9G54(̀ 4O(>5(g8O9O`8968>Oa4(ke>(b>(5>(>ba9(d9Od4V(̀ 4O(>5(g8O(d>(b97>G(b8(=9c4(O4(f>Gd8d9bJ

*4(>b(f4b875>(d>b58N9G(>5(aG979j4(d>(59(b>NeG8d9d(b4`895(c9(ke>((54(ke>(fe>d>be`>d>G(>b(ke>(9eOke>(54b(b>`a4G>b(>`4O_68`4b(9f4Ga>O(NG9Od>b(`9Oa8d9d>bd>(d8O>G4(9(59(>`4O46]9(d>5(f9]bV(59(`958d9d(d>(i8d9V(59b(`4Od8`84O>b(>`4O_68Q`9bV(b4`895>b(9678>Oa95>b(c(`e5aeG95>b(d>(59(f4759`8_O(b>(d>N>O>G9O(c(59b(d>eQd9b(d>5(>ba9d4(f4G(be7b8d89G(54(ke>(d>7>G]9(be7b8d89G(>5(>6f5>9d4G(b>(9`G>`>OQa9G]9O(f4G(̀ e8d9G(95(ZWw(d>(59b(f>Gb4O9b(ke>(O4(̀ e>Oa9O(̀ 4O(b>NeG8d9d(b4`895VN>O>G9Od4(9(59GN4(f59^4(eO(>6f47G>`868>Oa4(d>5(>ba9d4J

05(i45i>G(9(eO(b8ba>69(9b8ba>O`8958ba9(>O(d4Od>(a4d4(54(f9N9(>5("ba9d4(f>G4>q8ba>(b8Ne>(>q8ba8>Od4(59(8Od8b45e75>(G>59`8_O(>OaG>(>5(̀ 9f8a95(c(>5(aG979j4(d4Od>>ba9b(O4(9a8>Od>O( 59b(O>`>b8d9d>b(d>( 59( i8d9(d>5( aG979j9d4G(O8( b8ke8>G9( 54bd>G8i9d4b(d>(54b(9``8d>Oa>b(d>(aG979j4V(d>j9Od4(a4d9b(59b(geO`84O>b(b4`895>b(95"ba9d4l(>b(ea_f8`4(f>Ob9G(>O(`e95ke8>G(b4`8>d9d(ke>(>5("ba9d4(7G8Od>(b>NeG8Qd9d(b4`895(`46f5>a9V(b95edV(f9b84O>bV(G8>bN4b(9(69b(d>(54b(KrL(d>(59(f4759Q`8_OV(`4O(G>`eGb4b(d>G8i9d4b(d>(86fe>ba4b(N>O>G95>bJ(o#eh(f9b9(`e9Od4(>5"ba9d4(9be6>(a4d4p(+>(N>O>G9(eO9(`47>GaeG9(((f9G`895((d>(59(b>NeG8d9d(b4`895`464(59(d>(GhN86>O(be7b8d89d4(d4Od>(b>(>6f8>^9O(9(fG>ba9G(b>Gi8`84b(9(6>Qd89b( c9(ke>( 59(f59a9( d>5( >ba9d4(O4(95`9O^9J(,4(ke>( 54b(f9aG4O4b(d>j9O(d>`4a8^9G(4(9f4Ga9G(>O(b>NeG8d9d(b4`895(95(g8O95((59(b4`8>d9d(a>G68O9(9be68>Od4

T RT RT RT RT R

>ba4b(f9N4bJ( (,4b(be7b8d84b(d>5(>ba9d4(a>G68O9O(beba8aec>Od4( 59(4758N9`8_Of9aG4O95((c(b>(̀ 4Oi8>Ga>O(>O(be7b8d84b(86f5]`8a4b(9(54b(b>`a4G>b(>`4O_68`4b(c(959b(>6fG>b9b(c( a4d4(>ba4( G>deOd9(>O(fG475>69b(d>(78>O>ba9G(`45>`a8i4J("5>baed84(=>`=4(f4G(>5(+>GN84()59i8j4(d>5(A4Od4(?4O>a9G84(%Oa>GO9`84O95(6e>baG954(68b64(d>(54b(ke>(b>(=9(=9759d4(54(ke>(̀ 4GG474G9(ke>(59(8Oi>ba8N9`8_O(9GG4j4G>be5a9d4b(i>G]d8`4b(d>de`8>Od4(ke>(̀ 4O(59(8Og4G6958d9d(5974G95(>5("ba9d4(i9(9ke>7G9GV(b454(`4O(54b(`4ba4b(ke>(a8>O>(59(b95ed(c(fG>b>Oa9(5]O>9bJ

,4b(9Oa>G84G>b(b4O(54b(f59Oa>968>Oa4b(c(>5(d>b9g]4(d>(g4Od4(9(O8i>5(g8O9O`8>G4d>(59(b>NeG8d9d(b4`895(c(d>(59(b95ed(c9(ke>(O4(=9c(>ba9d4(ke>(fe>d9(be7b8d89Gf4G(`46f5>a4(9(be(f4759`8_O(b>(d>7>((fG>i8b8_OV(g4G6958^9G(>5(aG979j4V(9=4GG9f9G9(59(i>j>^(4(b>(9ced9G(=4c(9(59b(>6fG>b9b(c(9(be(>`4O46]9(c(6Mb(9d>59Oa>a>O>G(eO(("ba9d4(>O(ke8>7G9J

)464(b>NeOd4(`46f4O>Oa>(d>(>ba9(`4Og>G>O`89(>ba9((>5(G>59`84O9d4(`4O(598Oi>ba8N9`8_O( ( G>958^9d9(>bf>`]g8`96>Oa>(`4O( 59(>i95e9`8_O(d>( 59b( (f45]a8`9bfH758`9b((>O(G>59`8_O(9(`464(b>(f9N9(59(b>NeG8d9d(b4`895(>baed84(G>958^9d4(>O`46f9n]9(d>(A"1"+0,$1(c(59($J(+9Oa4(-469bJ(+8(59b(f45]a8`9b(fH758`9b(b>86f5>6>Oa9G9O(b8>6fG>(d>(9`e>Gd4(`4O(59b(8Oa>O`84O>b(O4(>q8ba8G]9O(59b(>i9Q5e9`84O>b(c( b>(9e6>Oa9G]9( 59(>g8`8>O`89(c(>g8`9`89J("5(>baed84( g8O9O`8>G4(d>5b>`a4G(b95ed(d>64baG979(ke>(59(7G>`=9(>OaG>(̀ 4OaG87ea8i4(c(be7b8d89d4(9e6>OQa979(>bf>`8956>Oa>(d>78d4(9(59((G>de``8_O(d>5(>bge>G^4(g8b`95(d>(59(*9`8_OV(((9f>b9G(ke>(>5(d8b`eGb4(d>`]9(54(̀ 4OaG9G84V(c9(ke>(>5(GhN86>O(̀ 4OaG87ea8i4(a>O]9(>5Kw(d>5(&%;(c(>5(be7b8d89d4(ke>(b>(a8>O>(d4b(i>Ga8>Oa>bV(59(fG86>G9(ke>(b4O(54bbe7b8d84b(d>(4g>Ga9(ke>(>ba979O(>O(>5(!w(d>5(&%;(c(b>(79j9O(68>OaG9b(ke>(>5GhN86>O(`4OaG87ea8i4(b>(be7>(c9(ke>(=9c(eO9(aG9Ob8`8_O(d>(54b(G>`eGb4b(ke>879O(9(54b(=4bf8a95>b(9(b>G(9=4G9(d>(54b(8Od8i8de4b(f9G9(g8589G54b(95(GhN86>O(d>b95ed( be7b8d89d4(f4G( 54( `e95( b>(79j9O( 54b( G>`eGb4b(ke>( b>( 5>( >Oi8979(9( 54b=4bf8a95>b(c(9e6>Oa9(59(ke>(i9(9(59b(>fbJ

,9b(`8gG9b(O4b(d>6e>baG9O(ke>(>5(f9]b(b8Ne>(d>d8`9Od4(59(b95ed(9(59(f4759`8_OO4(̀ 4OaG87ea8i9(c9(ke>(f4O>(be(NG9O(69c4G]9(59(68b69(fG4f4G`8_O(d>5(&%;(ke>=9`>(4O`>(9n4b(9aGMbV(8O`5eb4(>O(G>59`8_O((`4O(54b((8ONG>b4b(`4GG8>Oa>b(d>(59O9`8_O(54b(G>`eGb4b(a4a95>b(f9G9(be7b8d84b(d>(4g>Ga9(c(d>69Od9(>O(b95ed(=9Od8b68Oe8d4(̀ 4Oba9Oa>6>Oa>(d>bd>(>5(!TTTV(>5(a4a95(d>5(N9ba4(>O(b95ed(f4G(f9Ga>d>5(>ba9d4(f9G(54b(G>N]6>O>b(d>(i]9(4g>Ga9V(be7b8d84b(d>(4g>Ga9(4(d>(d>69Od9d4Od>(O4b(>O`4OaGM7964b(>O(>5(!Tw(>O(>5(9n4(TT(c(=4c(d]9(i964b(̀ 4O(>5(!Kw>b(d>`8GV(d>(54b(8ONG>b4b(d>(59(O9`8_O(f9G9(b95ed(b>(>i8d>O`89(59(`9]d9V(c9(ke>9eOke>(O4(b>(G>dej>G4O(54b(G>`eGb4b(>O(b95ed(>5(fG>befe>ba4(d>(59(O9`8_O(̀ G>`8_6e`=4(69b(c(9eOke>(>q8ba>(59(68b69(`9Oa8d9d(d>(d8O>G4(`464(G>`eGb4b(d>5>ba9d4V(c9(>b(b454(eO(f>d9^4(d>(>ba4b(G>`eGb4b(54b(ke>(5>(`4GG>bf4Od>O((9(59b95edV(>ba4(5>(N>O>G9(eO9(d8b68Oe`8_O(>O(54b(be7b8d84b(d>(4g>Ga9(79j9G4O(c(54bbe7b8d84b(d>(4g>Ga9(9e6>Oa9G4OJ

T ZT ZT ZT ZT Z

"q8ba8>G4O(d4b(NG9Od>b(9`a4b(5>N8b59a8i4b(4(G>g4G69b(`4Oba8ae`84O95>bV(59b(d>KWW!(c(((KWWR(d4Od>(b>(G>dej4(54b(%)*(ke>(>G9O(54b(ke>(d979(59(O9`8_O(f9G9>5(g8O9O`8968>Oa4(d>(59(b95ed(c(59(>de`9`8_OV(>ba4(`4O55>i9(9(eO(G>i>Gb4(9(59bg8O958d9d>b(f59Oa>9d9b(>O(59()4Oba8ae`8_O(d>(!TT!(c9(ke>(b>(d8b68Oec>O(54bG>`eGb4b(a9Oa4(f9G9(b95ed((c(>de`9`8_O(f59Oa>9d4b(`4Oba8ae`84O956>Oa>((>O(>5fG>befe>ba4(O9`84O95J("O(>5(N9ba4(b4`895(d>5(fG>befe>ba4(O9`84O95(f8>Gd>(f9GQa8`8f9`8_O(59(b95ed(79j9(d>5(K!w(95(!Yw((c(59(>de`9`8_O(d>5(S!w(95(XXw(c9(ke>a9678hO(b>(fG>a>Od8_(eO8i>Gb958^9G((`4O(`4Ob>`e>O`89b(9aG4`>b(>ba4(f9G9(>5f>G84d4(>OaG>(>5(KWWX(c(>5(KWWTJ(()4O(54(9Oa>G84G(>5(HO8`4(b>`a4G(>O(>5(ke>(b>i84(eO(9e6>Oa4((>O(9b8ba>O`89(b4`895(ke>(>b(g968589b(>O(9``8_O(c9(ke>(54(ke>(b>fG>a>Od8_(>O(>5(N478>GO4(9Oa>G84G(ge>(b9`9G(54b(G>`eGb4b(d>(b95ed(f9G9(55>i9G54b9(g968589b(>O(9``8_OV(b>(`G>]9(>Oa4O`>b(>GG_O>96>Oa>(ke>(>5(N9ba4(>O(b95ed=97]9(79j9d4(>O(geO`8_O(d>(59(Ne>GG9(>b(d>`8G(ke>(54(ke>(>ba979(b958>Od4(69b`4ba4b4(>G9(>ba9V(f>G4(O4(ge>(9b](54(ke>(be`>d8_(ge>(ke>(b>(aG9bf9b4(59(f59a9(d>59(b95ed(c(d>(>de`9`8_O(9((g968589b(>O(9``8_O((>ba4(O4(`4O(g8O>b(b4`895>b(b8O469b(d>(̀ 9GM`a>G(f45]a8`4V(f>G4(d>bfehb(eO9(b>Oa>O`89(d>(59(̀ 4Ga>(b>(5>(4758N4(95>ba9d4(9(d9G( 54b( G>`eGb4b(f>Ga8O>Oa>b(9( 59(b95edV( (c9(ke>( 54(ke>(b>(>ba979=9`8>Od4(O4(>G9(8Oi>Ga8G(69b(d8O>G4(9(59(9b8ba>O`89(b4`895(b8O4(b9`9G(c(d8b68QOe8G(54b(G>`eGb4b(d>(59(b95ed(`4O(59(`4Ob>`e>O`89(d>(be(d>b(g8O9O`89`8_OJ(,9beba8ae`8_O(d>(G>`eGb4b(d>(59(4g>Ga9(9(59(d>69Od9(f9G9(59(f4759`8_O(f47G>(c(>5NG9O(8O`G>6>Oa4(d>(54b(9g8589d4b(95(GhN86>O(be7b8d89d4(b>(d9O(95(68b64(a8>6Qf4(54(`e95(fG4i4`9(eO9(d8b68Oe`8_O(d>(54b(G>`eGb4bV(b>(79j9(>5(N9ba4(b4`895f9G9( 59(b95ed(c(b>(9e6>Oa9( 59(`47>GaeG9V(>ba9(>b(eO9(b8ae9`8_O(ke>(G>be5a9d8g]`85(>Oa>Od>GV(54(ke>(b>(d84(ge>(eO9(aG9Obg4G69`8_O(d>(G>`eGb4b(d>(59(4g>Ga9(959(d>69Od9V( 54b(G>`eGb4b(d>(b95ed(`G>`8>G4O(6>O4b(ke>( 54b(d>(>5("ba9d4(9>q`>f`8_O(d>(54b(H5a864b(9n4b(ke>(b>(587>G9G4O(eO4b(G>`eGb4bJ

)4O(O4G69b(69b(G>`8>Oa>b(`464(59(!LTL(d>5((KW!W(c(59(!XLZ(d>(KW!!(ke>b8Ne8>G4O(̀ 4O(59(68b69(5_N8`9(d>(aG9Obg4G69`8_O(d>(G>`eGb4b(ke>(ke>d979O(>O54b(=4bf8a95>bV(G9bf9G4O(59(4559(d>(54b(a>GG8a4G84b(ke>(ke>d9O(9=4G9(b8O(G>`eGb4bf9G9(fG>ba9G(b>Gi8`84b(O4b(f4b(c(9(54b(O4(9b>NeG9d4b(c(9d>6Mb(G>a8G9G4O(>5!JSw( d>( b458d9G8d9d( d>5( GhN86>O( `4OaG87ea8i4( 95( GhN86>O( ( be7b8d89d4( f9G9a9f9G(>5(d>bg95`4(d>(54b(G>`47G4b(d>5(A'+%@0V(d>(64d4(ke>(b>(5>(ke8a979O(54bG>`eGb4b(d>5(!JSw(ke>(879(9(59(f4759`8_O(be7b8d89d9(>O(b458d9G8d9dJ

,9(`4Ga>(`4Oba8ae`84O95(b>(fG>NeOa979(b8(59($&)(d>5(GhN86>O(be7b8d89d4(N9QG9Oa8^979(59(8Ne959`8_O(d>(54b(&'+V((̀ 4O(>5(g8O(d>(d9G5>(69a>G8958d9d(95(fG4OeOQ`8968>Oa4(=>`=4(>O(>5( `e95( b>(4758N979(9( 8Ne959G(>5(&'+V( (>ba4( b8NO8g8`9G]98Ne959G54(>O(ahG68O4b(64O>a9G84b(d4Od>(b>(f9N9G]9(6>O4b(f4G(b>Gi8`84b(6ec`4ba4b4bV(b>(8Ne954(>5(f59O(f>G4(O4(>5(d8O>G4(54(̀ e95(aG9>(̀ 4Ob>`e>O`89b(9(59GN4f59^4(c9(ke>(O4(b>(i9(9(N9G9Oa8^9G(>b>(d8O>G4(f4Gke>(59($&+(be7b8d89d9(d>(54b9`e>Gd4b( RLK( d>( 59( )."+( >b( >O( G>958d9d( eO9( $&)( d>g8O8d9( >O( ahG68O4bf45]a8`4b(>b(d>`8GV(g8j9d9b(b47G>(G9^4O>b(fG>befe>ba95>b(c(g8b`95>b(d>5(N478>GO4O9`84O95(c(O4(>O(geO`8_O(d>(54b(>baed84b(ah`O8`4b(b47G>(̀ 4ba4b(G>95>b(d>(6>G`9Q

T TT TT TT TT T

d4(d>(54b(b>Gi8`84b(d>((b95ed(̀ 464(b8(54(b(>O(>5(GhN86>O(̀ 4OaG87ea8i4J("5(>bke>Q69(d>(fG8i9a8^9`8_O(d>(54b(b>Gi8`84b(fH758`4b(>O()4546789V(a4d9(59(G>g4G69O>4587>G95(ke>(i8O4(jeOa4(`4O(>5(`4Ob>Ob4(d>(E9b=8ONa4O(9(f9Ga8G(d>(54b(9n4bTW(c(ke>(ge>G4O(9`4N8d4b(f4G(59(`4Oba8ae`8_O(d>5(T!V(b>(d>b9GG4554(b47G>(eO>bke>69(d>(G>Ne59`8_O(ke>(86f58`979(f4G(eO9(f9Ga>(N9G9Oa]9(f9G9(59b(>6fG>Qb9b(fG8i9d9b(ke>(>OaG9G9O(9(4f>G9G(54b(b>Gi8`84b(c(f4G(4aG9b(N9G9Oa]9b(f9G9(ke>54b(`8ed9d9O4b(O4(b>(i8>G9O(9g>`a9d4b(f4G(>5(fG4`>b4(d>(fG8i9a8^9`8_OV(>ba9bN9G9Oa]9b(b>(d8>G4O((((`G>9Od4V(f4G(eO9(f9Ga>(59b(`468b84O>b(d>(G>Ne59`8_O(>Ob>Gi8`84b(fH758`4b(c(>O(59(b95edV(>ba9b(`468b84O>b(d>(G>Ne59`8_O(a>O]9O(`464g8O(N9G9Oa8^9G(9(54b(8Oi>Gb84O8ba9b((fG8i9d4b(ke>(59(a9G8g9(ke>(879O(9(`454`9G(>O>b4b(b>Gi8`84b(fH758`4b(O4(>G9(f45]a8`9(f4G(54(a9Oa4(O4(879O(9(ke>7G9G(f4G(b>G>ba9(eO9( a9G8g9( ah`O8`9( 59(`e95( 879(9(b>G( g8j9d9l(c(f4G(4aG9(f9Ga>(b>(`G>9G4Obef>G8Oa>Od>O`89b(f9G9(N9G9Oa8^9G(9(54b(`8ed9d9O4b(>5(7e>O(b>Gi8`84(f4G(f9Ga>d>(>ba9b(>6fG>b9b(fG8i9d9b(9(54b(`8ed9d9O4bV(b4O(59(b95i9Ne9Gd9(d>(54b(8Oa>QGhbJ("ba>(ge>(>5(>bke>69(d>(fG8i9a8^9`8_O(>O()4546789V(`468b84O>b(f9G9(d9GN9G9Oa]9b(9(54b(fG8i9d4b(c(bef>G8Oa>Od>O`89b(f9G9(d9G(N9G9Oa]9b(9(54b(`8ed9d9QO4bJ(,9(`468b8_O(d>(G>Ne59`8_O(>O(b95ed(ge>(`G>9d9(f4G(59(5>c(!!KK(c9(ke>9Oa>b(b>(a>O]9(>5()4Ob>j4(*9`84O95(d>(+>NeG8d9d(+4`895(>O(b95ed(>5(`e95(G>958Q^979(>b9b(geO`84O>bV(G>bf4Od>(9(eO(68b64(>bke>69(>O(`e9Oa4(95((GhN86>O`4OaG87ea8i4(c9(ke>(>ba>(d8`a9(eO9(a9G8g9(ah`O8`9(f4Gke>(59b(>6fG>b9b(d>5(GhN8Q6>O(̀ 4OaG87ea8i4(O4(b>(d>j9O(d8`a9G(eO9(a9G8g9(f45]a8`9(c9(ke>(a8>O>O(beg8`8>Oa>`9f9`8d9d(d>(fG>b8_O(b47G>(59(O9`8_O(c(54b(8ObaGe6>Oa4b(d>(G>Ne59`8_O(f9G954NG9G(ke>(b>(5>b(d8`a>(eO9(a9G8g9(9d>`e9d9l(f>G4(>ba4(O4(4`eGG>(>O(>5(GhN86>Obe7b8d89d4(c9(ke>(59(5>c(d>j9(978>Ga9(59(f4b87858d9d(d>(d8`a9G(a9G8g9b(f45]a8`9bf9G9(54b(4f>G9d4G>b(d>5(GhN86>O(be7b8d89d4V(f9G9(>ba4(b>(̀ 8a9(d>(59(5>c(!!KK(>50GaJ(R(>5(`e95((g8j9(59b(geO`84O>b(d>(59()."+V(mf9GMNG9g4(LV(,9b(d>`8b84O>b(d>59(`468b8_O(d>(G>Ne59`8_O(>O((b95ed(G>g>G8d9b(95(GhN86>O(`4OaG87ea8i4(d>7>GMO`4Obe5a9G(>5(>ke8587G84(g8O9O`8>G4(d>5(b8ba>69(d>(9`e>Gd4(̀ 4O(59b(fG>i8b84O>b(d>b4ba>O87858d9d(d>(6>d89O4(c(59GN4(f59^4(c(59b(G>g>G8d9b(95(GhN86>O(be7b8d89d4>O(`e95ke8>G(`9b4(b>GMO(`46f9a875>b(`4O(>5(69G`4(g8b`95(d>(6>d89O4(f59^4m>ba4(ke8>G>(d>`8G(ke>(b>(f9N9G9(d>(9`e>Gd4(9(54b(8ONG>b4b(d>(54b(aG979j9d4G>b3GhN86>O(`4OaG87ea8i4:(c(f4G(4aG4(59d4(b>(f9N9G9(54(ke>(g8j>(>5(68O8ba>G84(d>=9`8>Od9(3(GhN86>O(be7b8d89d4:(ke>(>ba9GM(58N9d9(9(59(d>`8b8_O(d>(59b(`468b8_Oc(9(59b(f4b87858d9d>b(d>5(fG>befe>ba4(O9`84O95l((`97>(G>b95a9G(ke>(59b(`4Ob>Q`e>O`89b(d>(eO9(`468b8_O(d>(G>Ne59`8_O(`4O(59(9ea4G8d9d(d>(g8j9G(a9G8g9b(f45]a8Q`9b(c(O4(ah`O8`9b(ke>(fe>d>O(9g>`a9G(NG9i>6>Oa>(59(>ba97858d9d(>`4O_68`9(d>54b(4f>G9d4G>b(d>5(b>`a4G(`464(54(b4O(59b("&+(>(%&+(c(f4G(a9Oa4(d>(a4d4b(54bfG4i>>d4G>b((d>5(b>`a4G(b95ed(ke>(d>7>O(4f>G9G(79j4(59(5_N8`9(d>(6>G`9d4(d>9`e>Gd4(`4O(59b(O4G69(9b](`464((54b(68b64b(aG979j9d4G>b(d>5(b>`a4GV(b>(`4OQi8>Ga>(>Oa4O`>b(9(54b(=4bf8a95>b(>O(>6fG>b9b(b4`895>b(d>5("ba9d4V(>6fG>b9bke>(d>7>O(i8i8G(d>(59(i>Oa9(d>(eO4b(b>Gi8`84b(c9(ke>(O4(G>`87>O(fG>befe>ba4d>5(>ba9d4V(f>G4(b8(>5(fG>`84(ke>(b>( 5>b(f9N9(O4(>b(>5(ke>(i>Gd9d>G96>Oa>`e>ba9O(54b(b>Gi8`84bV(b8(59b(9b>NeG9d4G9b(d>7>O((g8O9O`89G(eO4b(b>Gi8`84b(d>5f59O(4758N9a4G84(d>(b95ed(d>(8Ne95(69O>G9(ke>(>5(d>5(GhN86>O(̀ 4OaG87ea8i4(f>G4

!WW!WW!WW!WW!WW

`4O(59(68a9d(d>5(d8O>G4(ke>(>ba4b(̀ e>ba9Ol(fe>b(N>O>G9G9(̀ 4Ob>`e>O`89b(g8O9OQ`8>G9b((fe>ba4(ke>(O4(b>(fe>d>(4f>G9G(eO(6>G`9d4(`4O(eO9(a9G8g9(f45]a8`9V>j>6f54(d>(>ba4(>b( 59(`G8b8b( g8O9O`8>G9(97b45ea9(d>( %&+(F("&+(d>5( GhN86>O+e7b8d89d4V( >O( geO`8_O( d>( eO9( a9G8g9( f45]a8`9( ke>( b>( g8j9( f9G9( >5( GhN86>Obe7b8d89d4(̀ 4O(54b(>g>`a4b(d>(8O9``>b87858d9d(9(54b(b>Gi8`84bV(g95a9(d>(̀ 958d9d(>O54b(68b64b(>O(e5a869(8Oba9O`89(O>N9`8_O(d>5(1>G>`=4(`464(d454G(c(6e>Ga>f9G9( NG9O( f9Ga>( d>( 59( f4759`8_O( 9g8589d9( 9( d8`=4( GhN86>O( f4G( 59( g95a9( d>G>`eGb4bJ(&9G9(ke>(>5(b8ba>69(d>(b>NeG8d9d(b4`895(geO`84O>(d>7>(>q8ba8G(8Ne95Qd9d(a9Oa4(>O(54b(f9N4b(`464((>O(54b(b>Gi8`84bV(f9G9(8Ne95>b(fG>`84b(d>(6>G`9Qd4V(8Ne95>b(b>Gi8`84b(>O(b95ed(>b(f4G(>ba4(ke>(d>7>(>q8ba8G(eO9(a9G8g9(8Ne95(>OaG>>5(GhN86>O(`4OaG87ea8i4(c(>5(be7b8d89d4(c(b>(>bf>G9(ke>(eO(&'+(8Ne95(d>7>=9`>G(G>g>G>O`89(9(eO9($&)(8Ne95(>O(54b(d4b(G>N]6>O>bV(f4G(>554(b>(=9(̀ 46fG9Qd4(=8ba_G8`96>Oa>(59($&)(d>5(GhN86>O(̀ 4OaG87ea8i4(̀ 4O(59(d>5(be7b8d89d4V(f>G4>ba4(>O(`8>Ga4b(feOa4b(O4(`4GG>bf4Od>(9(59(G>958d9d(d9d4(ke>(>O(>5((GhN86>O`4OaG87ea8i4(O4(b454(5>b(f9N9O(59($&)(b8O4(5>b(f9N9O(6e`=9b(69b(`4b9b(9(59b"&+V(̀ 464(f4G(>j>6f54(59(fG464`8_O(c(fG>i>O`8_O(9f9Ga>(54(ke>(N>O>G979(eO9e6>Oa4(c9(ke>(59b("&+((d>5(GhN86>O(̀ 4OaG87ea8i4(G>`87>O(59($&)(69b(eO(!Sw54(ke>(N>O>G9(NG9O(d8g>G>O`89(`4O(59(d>5(GhN86>O(be7b8d89d4(9(59(`e95(O4(b>(5>>ba9(d9Od4(>ba4b(f9N4b(f4G(d8g>G>O`89`8_O(d>(>d9d>b(4(f4G(((4aG9b(a9Oa9bJ("O>ba>(646>Oa4(>5(>ba9d4(>ba9(f9N9Od4(59($&)(d>5(GhN86>O(be7b8d89d4(d>5(RYwd>(59(d>5(GhN86>O(`4OaG87ea8i4V(f>G4(>ba9(=9`>(G>g>G>O`89(9(59($&)(O468O95(b8b>(5>(be69(>5(!Sw(69b(ke>(G>`87>(>5(GhN86>O(`4OaG87ea8i4(54(ke>(b>(>ba9GMf9N9Od4(b>GM(>5(YRw(c(59(d>b8Ne95d9d(b>(N>O>G9(̀ e9Od4(>5(GhN86>O(be7b8d89d4>O(eO9(>`4O46]9(d>(6>G`9d4(d>(7>(̀ 46fG9G(be68O8baG4bV(8Obe64b(c(b>Gi8`84bf4G(eO(68b64(i954G(ke>(5>(GhN86>O(`4OaG87ea8i4(a>O8>Od4(>ba>((G>`eGb4b(69b79j4b(NG9`89b(9(59b(a9G8g9b(f45]a8`9b(>ba975>`8d9bJ

,9()."+(9b>NeG9(ke>(54b(f47G>b(d>69Od9O(6>O4b(b>Gi8`84b(d>(b95ed(f>G4`4O(>baed84b(G>958^9d4b(f4G( 59($O8i>Gb8d9d(*9`84O95((b>(>i8d>O`89(ke>(>ba4be`>d>(f4G(59(g95a9(d>(d8O>G4(f9G9(f4d>G(8G(9(54b(b>Gi8`84b(d>(b95ed(c9(ke>(54b8ONG>b4b(d>(59b(f>Gb4O9b(b4O(6ec(79j4bJ

&9G9(=9759G(d>(59((G>g4G69(aG87ea9G89(>b(O>`>b9G84(>Oa>Od>G(ke>(59b(d>`8b84O>bd>(=9`8>Od9(`4Odej>G4O(9(59(a>GG875>(`G8b8b(g8O9O`8>G9(d>5(GhN86>O(be7b8d89d4(cd>(54b(=4bf8a95>b(fH758`4bV(d>`8b84O>b(ke>(b>(aG9de`>O(>5(d454GV(6e>Ga>(f9G9`>Oa>O9G>b(d>(̀ 8ed9d9O4b(c(G>be5a9(fG>4`ef9Oa>(f>Ob9G(ke>(>ba9(>Oa8d9d(a96Q78hO(b>(i9(9(=9`>G(`9GN4(d>(59(g8O9O`89`8_O(d>5(GhN86>O(`4OaG87ea8i4(c9(ke>(b>=9(i8ba4(`4O(>5(be7b8d89d4(ke>(b>(=9(>i8a9d4(>5(f9N4(d>(G>`eGb4bV(59(8O9``>b8Q7858d9d(c(f>G68a8>Od4(ke>(54b(f9aG4O4b(O4(f9Ne>O(59(b>NeG8d9d(b4`895(d>(beb>6f5>9d4b(b8O4(ke>(9=4G9(b>(>O`9GN9G9(=9`8>Od9(d>(=9`>G(>ba>(f9N4J

m0(6e`=4b(968N4b(ke>(ke8>G>O(eO9(G>g4G69(d>5(b8ba>69(d>(b95ed(ke>(9`97>`4O(59b("&+V(5>b(d8G]964b(eO(f4`4((>O(7G469(ke>(O4(b>(fG>4`ef9G9O(c9(ke>=9`8>Od9(b>(>O`9GN9G]9(d>(9`979G(>O(>5(6>O4G(a8>6f4(f4b875>(`4O(59b("&+(d>5

!W!!W!!W!!W!!W!

GhN86>O(be7b8d89d4(c(ke>(f4G(54(a9Oa4(O4(>b(O>`>b9G84(=9`>G(eb4(d>5(fG4c>`a4d>(5>c(ke>(ke8>G>(9`979G59b(c9(ke>(`e9Od4(>ba>(>O(69O4b(d>(=9`8>Od9(a96Q78hO(>5(GhN86>O(`4OaG87ea8i4(fe>b(59b(d>(>ba>(a9678hO(9`979G9O(c(jeOa4(`4O(549Oa>G84G(b>(d>a>G84G9G9(69b(59(b95ed(d>(54b(`4546789O4bm

%Oba8ae`84O>b(c(G>Ne59`8_O(>O(>5(b>`a4G(b95ed

,9b(8Oba8ae`84O>b(9Ga8`e59d4G9b(3"&+:V(f9G9(>Oa>Od>G(>ba>(̀ 4O`>fa4(>b(O>`>b9QG84(`4O4`>G(54b(9Oa>`>d>Oa>b(d>(`_64(b>(8O8`84(>ba9(fG8i9a8^9`8_O(>O(>5(b>`a4Gb95ed(c(>Oa>Od>G(ke>(O4( ge>(eO(fG4`>b4( b8O4(ke>(d>( 54(`4OaG9G84( ge>(eO94758N9`8_O(>(86f4b8`8_OJ(&9G9(>5(9n4(d>(!TTL(`4O(59(O>N4`89`8_O(d>(59( 59c!WWV(b>(i>]9(59((8O`eGb8_O(d>(>Oa8d9d>b(fG>ba9d4G9b(d>(6>d8`8O9(fG>f9N9d9Vf>ke>n9b(>6fG>b9b(ke>(4gG>`]9O((b>NeG4b(6hd8`4b(fG>f9N9d4b(c(ke>(O4(a>QO]9O(ke>(i>G(O9d9(`4O(>5(b8ba>69(d>(b95edl(`4O(59(5>c(!WW(b>(5>b(f8d8_(9(>ba9b>6fG>b9b(ke>(>OaG9G9O(c(b>(`4Oi8Ga8>G9O(>O("&+((d>5(GhN86>O(`4OaG87ea8i49eOke>(>ba9b((>6fG>b9b(O4(ke>G]9O(fG>ba9G(>ba>(b>Gi8`84(59(5>c(!WW(54b(4758N4V`49``84OMOd454b(`4O(b9O`84O>b(ke>(O4b(5>b(f>G68a]9O(i>Od>G(beb(b>NeG4b(4b>Gi8`84b(>O(b95edJ(,9(5>c(!WW(`468>O^9(`e9Od4(54b(b>`a4G>b(>`4O_68`4b(d>5f9]b(b>(d9O(`e>Oa9(ke>(>O(4aG4b(f9]b>b(b>(>ba9(fG8i9a8^9Od4(54b(b>NeG4b(`4O(>5g8O(ke>(i9G84b(b>`a4G>b((69O>j9G9O(eO(9=4GG4(c(O4(ke>(54(=8`8>G9(>5(%);AV(f4G54(9Oa>G84G(b>(f59Oa>4(95(`4ONG>b4(>5(fG4c>`a4(d>(59(`G>9`8_O(d>((g4Od4b(d>f>Ob84O>bJ( (,9(`468b84O(b>fa869(d>(d>5(`4ONG>b4(G>`=9^4(>ba>(fG4c>`a4(cf8d84(ke>(b>(=8`8>G9(eO9(G>g4G69(4(fG4c>`a4(8Oa>NG95(d>(59(b>NeG8d9d(b4`895V(54ke>(d84(8O8`84(9(59(5>c(!WWJ(1>fe>b(d>(>ba4(b>(>6f>^9G4O(9(`G>9G(4aG9b(8Oba8Qae`84O>b(̀ 464(59b(>6fG>b9b(d>(6>d8`8O9(fG>f9N9d9(c(4aG9b(ke>(O4(fG4i>O89Od>5(̀ 98a95(g8O9O`8>G4(O8(d>(54b(b>`a4G>b(>`4O468`4b(c(ge>G4O(59b(ke>(O9`8>G4O(>Oi8Gaed(d>5(59b(`44f>G9a8i9b(c(d>(59b()9j9b(d>(`46f>Ob9`84O(g968589GV(59b(`e95>bi8>G4O(>O(59(fG>ba9`84O(d>(b>Gi8`84b(eO(8ONG>b4(>qaG9(c9(ke>(f4G(`9d9(9g8589d4b>( `47G9G89( eO( f4G`>Oa9j>( f4G( 54( ke>( b>( 8O8`89G4O( `9fa9`84O>b(69b8i9b( d>9g8589d4b(c(d>(d8O>G4b(d>5(A'+F@0V(be(47j>a4(b>G89(>Oa4O`>b(`9fa9G(eO9(G>Oa968554O9G89((d>5(A'+F@0(f4G(6>d84(d>5(f59O(4758N9a4G84(d>(b95edJ

&4G(4aG4(59d4(>ba9O(59b(>6fG>b9b(d>5(G>N86>O(be7b8d89d4l(>5(N478>GO4(`G>4(59b>6fG>b9b(b458d9G89b(5e>N4(>ba9b(ge>G4O(4758N9d9b(9(ge`84O9Gb>(`4O(4aG9b(69bNG9Od>bV(ge>G4O(G>Ne59d9bV(b>(5>b(G>f9Ga>(54b(6>G`9d4bV(b>(5>b(g8j9(eO(69GN>Od>( 9d68O8baG9`84OV( 5e>4( ge>G4O( `4Oi>Ga8d9b( 9( "&+J( "b( f4G( >ba4( ke>( 59fG8i9a8^9`84O(>O()4546789(>b(a9O(`eG84b9(d9d4(ke>(N8N9Oa>b`9b(>6fG>b9b(b8Ode>n4b(4(̀ 4O(de>n4b(g9Oa9b69b(ke>(O4(b4O(>i8d>Oa>b(>ba9O(>O(geO`84O968>OQa4J("ba9b(>6fG>b9b((b4O(`G>9d9b(f4G(54b(N478>GO4b(>O(>5(G>N86>O(be7b8d89d4ke>(O4(beGN>O(d>(59(8O8`8a98i9(fG8i9d9(c(9(59b(`e95>b(b>(5>b(d9(>5(7>O>g8`84(d>9d68O8baG9G( G>`eGb4b( fe758`4b( f4G( `8>Oa4b( d>( 685>b( d>( 68554O>b( b8O( 69c4GG>ke8b8a4V(59b(`e95>b(b>(G>f9Ga>O(>O(G>N84O>b(`4O(68554O>b(d>(9g8589d4b(9(d>d4f4G(>5(N478>GO4(̀ >OaG95V(>6fG>b9b(̀ ec4b(9d68O8baG9d4G>b(G>bf4Od>O(95(N478>GQO4((c(9(be(`49d68O8baG9d4G((>5(`4ONG>b4(ke>(59b(`G>4V(59b(9d68O8baG9(c(59b(eb9

!WK!WK!WK!WK!WK

`4O(g8O>b(>68O>Oa>6>Oa>(f458a8`4b(3G>N86>O(be7b8d89d4:(c(be(d8b`eGb4(G>^9(>O>5(b8O(9O864(d>(5e`G4(c(5>N956>Oa>(>b4(b4O(9eOke>(>O(59(G>958d9d(O4(b>9(a9O`8>Ga4J( ( o+4O( >Oa4O`>b( >ba9b( >6fG>b9b( fG8i9d9b( G>956>Oa>p( ,9b( `9j9b( d>`46f>Ob9`84O(a9678>O(ge>G4O(̀ G>9d9b(f4G(>5(N478>GO4V(>O(>ba9b(O4(>q8ba>O(54b9b4`89d4b(c(a9Oa4(59b(>6fG>b9b(`464(54b(aG979j9d4G>b(a8>O>(O(6ec(f4`9(d>Q64`G9`89(c(G>fG>b>Oa9`84O(>O(59b(68b69b(f4G(54(a9Oa(54b(9d68O8baG9d4G>(b4Oi8a958`84b(>O(54b(`9GN4bJ("O(be69V(>O(59b(`44f>G9a8i9b(4(>O(59b(`9j9b(d>5(b>`a4Gb95edV(54b(9d68O8baG9d4G>b(b>(̀ 4Oba8aec>O(>O(54b(i>Gd9d>G4b(de>n4bJ

o#e>(d>g8O>(eO9(>6fG>b9(fG8i9d9(>O(>5( `9f8a958b64(4``8d>Oa95p(,4(ke>( 59d>g8O>(>b(59(>q8ba>O`89(d>(de>n4b(d>(59(>6fG>b9(b8>Od4(>ba4(54(ke>(b4f4Ga9(>5`4O`>fa4(d>(fG8i9d4V(O4(>b(>5(a8f4(d>(G>N86>O(d>(̀ 4OaG9a9`84O(4(b8(̀ e>Oa9(̀ 4Of>Gb4O95(fG8i9d4V(59(79b>(>b(ke>(a>ON9(de>n4bJ(("O(`4546789(f9G9(>5(`9b4(d>59b("&+(O4(>q8ba>(59b(>6fG>b9b(fG8i9d9b(c9(ke>(d>aGMb(d>(>ba9b(3`9j9bV(`44f>QG9a8i9bV(>Oa8d9d>b(b8O(9O864(d>(5e`G4:(>q8ba>O(de>n4b(g9Oa9b69bJ("O(59b(>6QfG>b9b(fG8i9d9b(f4G(>5(`4OaG9G84(59(fG4f8>d9d(>b(G>95V(54b(9``84O8ba9b(fe>d>Od>bf>d8G(c(`96789G(9(54b(9d68O8baG9d4G>b(4(fe>d>O(f4O>G(>O(i>Oa9(beb(9``84QO>b(b8O4(>ba9O(`4Og4G6>b(`4O(>5(G>Od868>Oa4(d>(59(>6fG>b9l(f>G4(9`9(>O(>ba>`9b4(O4(>b(9b8V(c9(ke>(O4(b>(d>bf8d>(9(54b(9d68O8baG9d4G>b(O84(b>(d9O(59b(4aG9bb8ae9`84O>b(ke>(b>(d9O(>O(59b(>6fG>b9b(fG8i9d9bJ(,9(>q8N>O`89(geOd96>Oa95d>(6>G`9d4(d>(i954G>b(>b(59(aG9Obf9G>O`89(>b(d>`8GV(59(8Og4G69`84O(i>G9^(d>(54b9d68O8baG9d4G>b(9(54b(9``84O8ba9b(c(95(6>G`9d4(c(̀ e95ke8>G(>GG4G(>O(59(aG9Obf9QG>O`89(d9n9(54b(8Oa>G>b>b(d>(54b(9``84O8ba9b(4(54b(b8Oa469b(d>(9d68ObaG9`84Od>g8O8>Oa>( b4O( b>i>G96>Oa>( `9ba8N9d4b( f4G( >5( 6>G`9d4( 8O`5eb4( `4O( 59d>bi954G8^9`84O(d>(59b(9``84O>b(4(59(d>b9f9G8`84O(d>(59(>6fG>b9V(>ba4((>b(54ke>(be`>d>(`4O(59b(>6fG>b9b(fG8i9d9bJ("5(O>N4`84(d>(>ba9b(>6fG>b9b(f4G(54a9Oa4(b>G9(59(8Oa>NG9`84O(i>Ga8`95(̀ >GG9Od4(59(̀ 46f>a>O`89V(>5(O>N4`84(̀ 4Ob8ba>>O(69O>j9G(NG9Od>b(be69b(d>(d8O>G4(f4G(59(9g8589`84O(69b8i9(d>(68554O>b(d>`4546789O4b(ke>(>5(A'+F@0( 5>( aG9b68a>(f4G( 59(fG>ba9`84O(d>5( b>Gi8`84(d>b95edV(`4O(>5(`e95(O4(b>(fe>d>(a>O>G(ea858d9d>b(f>G4(b8(b>(fe>d>O(69O>j9Gd>g>G>Oa>b(a8f4b(d>(O>N4`84b(b>`eOd9G84bV(54b(9d68O8baG9d4G>b(d>(>ba9b(>6fG>Qb9b(O4(a8>O>O(59(fG4=8b84O(>a8`9(>69O9d9(d>5(`9f8a958b64(4``8d>Oa95(d>5(9fG4Qi>`=968>Oa4(d>(59(>6fG>b9(f9G9(>5(fG4f84(7>O>g8`84V(>b(f4G(>ba4(ke>(54b(9d68QO8baG9d4G>b(d>(a4d9b(>ba9b(>6fG>b9b(O4(a8>O>(O8ONeO(fG475>69(>O(f9Ga8`8f9G>O(O>N4`84b(f4G(>j>6f54(d>(6>d8`96>Oa4b(ke>(5>b(4gG>`>(c(b9`9G(ea858d9d>b(d>>ba4V(>b9(fG4=878b84O(>a8`9(d>7>G89(b>G(g8j9d9(f4G(>5(b8ba>69l(54b(9d68O8baG9d4QG>b(O4(fe>d>O(d>G8i9G(O>N4`84b(f>Gb4O95>b(d>5(69O>j4(d>(59b(>6fG>b9b(ke>69O>j9OV(>ba>(>b(eO4(d>(54b(NG9Od>b(8O`>Oa8i4b(d>(̀ 4GGef`84O(>O()4546789(>O59b("&+J

o0(ke8>O(5>(8Oa>G>b9(̀ 4Oa>O>G(>5(N9ba4(d>(>ba>((a8f4(d>(>6fG>b9bp(,9b(>6fG>b9bd>(6>d8`8O9(fG>f9N9d9(55>O9O(59($&)((d>5(G>N86>O(be7b8d89d4(`4O(a4d4b(54bN9ba4b(d>( 54b(`58>Oa>b(c(b9`9O(>5(>q`>d>Oa>(f4G( 59(fG>f9N9d9V(>b(>Oa4O`>b`e9Od4(b>(G>i8b9(59(>ba9d8ba8`9(d>(59(6>d8`8O9(fG>f9N9d9(c(b>(d9(`e>Oa9(ke>

!WL!WL!WL!WL!WL

9f9G>`>O(6e`=4b(69b(N9ba4b(f4G(>q96>O>b(>bf>`8958^9d4b(=9ba9(ke>(b>(55>O9c(b>(̀ 46f5>a9(>5(d8O>G4(d9d4(f4G(>5(>ba9d4(c(ke>(O4(b>(a8>O>((O8ONeO(8Ob>Oa8i495(9=4GG4(c9(ke>((b>(b9`9(59(ea858d9d(f4G(59(4aG9(>6fG>b9l(c(9(59b(4aG9b(a96f4`45>b( 8Oa>G>b9( 9=4GG9G( c9(ke>( >O( a9Oa4(69b(d8O>G4( b>(69O>j>(69b(O>N4`84bb>`eOd9G84b(b>(f4dG9O(a>O>GJ(0eeOke>(>5(8d>95(>O(fG8O`8f84(>G9(`G>9G(59b(>fb`4O(>5(>5(g8O(d>(N9ba9G(6>O4b(d8O>G4(c(`4OaG459G(>5(N9ba4(c(47a>O>G(ea858d9d>bVf>G4(>O(>ba>(`9b4(`464(54(ke>(b>(>ba9(7eb`9Od4(>b(eO((O>N4`84V(fe>b(54b(d4ba8f4b(d>(>6fG>b9(b9`9O(59(N9O9O`89(d>(4aG9(>6fG>b9b(ke>(O4(>b(59(fG8O`8f95f4G((ke>(O4(5>b(8Oa>G>b9(ke>(59(fG8O`8f95(d>j>(d>(((N9ba9G(f4G(>5(̀ 4OaG9G84(̀ e9Oa469b(N9ba>(6>j4GJ("b(f4G(>ba4(ke>(9679b(>O`4OaG9G4O(eO(NG9O(O>N4`84(>O(>5G>`47G4(d>(7>O>g8`84b((O4(&'+J

"O(̀ e9Oa4(9(59(64de59`84O(d>5(6>G`9d4(9ea4GG>Ne59d4(f4d>64b(d>`8G(ke>(>ba>d>7>(b>G(>g8`8`>O`89V(`958d9d(>a`V(>ba9b(b4O(59b(a>b8b(d>(59(8d>9(O>4587>G95(f4G(54`e95(54(ke>(ke>(=9c(ke>(=9`>G(̀ 4O(>5(6>G`9d4(9ea4GG>Ne59d4(>b((ke>(b>9(g>Ga85Vke>(b>(>O`9GNe>(d>(59(>g8`8>O`89(f4G(b8(b454(>5(68b64(6>G`9d4((i9(9(be68O8bQaG9G(54b(G>`eGb4b(c(`G>9G(>g8`8>O`89(f4G(b8(b454J(05(G>958^9G(>aed84b(b>(>i8d>O`89ke>(54(ke>(be`>d>(̀ 4O(>5(N9ba4(>O(b95ed(>b(ke>(>ba>(O4(b>(>ba9(55>Od4(=9`89(59bO>`>b8d9d>b(d>(59(f4759`84O(b8O4(ke>(>5(N9ba4(b>(>ba9(55>Od4(9(54b(O>N4`84b(d>95a9(a>`O454N89(d>(6>d8`96>Oa4b(d>(e5a869(N>O>G9`84OV(>ba4(f4Gke>(>q8ba>OO>N4`84b(d>(95a9(c(d>(79j9(G>Oa97858d9d(>6O(d4Od>(54b(d>(6>d8`96>Oa4b(c(95a9a>`O454N89(b>(e78`9O(>O(54b(d>(95a9(G>Oa97858d9d(54(̀ e95(>j>G`>O(eO9(NG9O(fG>b84O54(ke>(=9`>(ke>(>5(d8O>G4(b>(((d8G8j9(geOd96>Oa95>6>Oa>(f9G9(>ba>(O>N4`84V(54ke>(d>a>G68O9(>Oa4O`>b(ke>(d8G>``84O(>ba9O((a469O4d(54b(G>`eGb4b(>b(>5(6>GN>Od>(G>Oa97858d9d(d>(54b(O>N4`84bV(c(>O(59(f9Ga>(79j9(d>5(&'+(d>(54b(b>Gi8`84bN>O>G95>b(54b(8Od8`>b(d>(G>Oa97858d9d(b4O(befG>696>Oa>(79j4b(54(ke>(95(6>G`9Qd4(f4`4(5>(8Oa>G>b9J("ba4(>b(54(ke>(>ba9(f9b9Od4(>O(>5(b>`a4G(b95ed(d4Od>(54b=4bf8a95>b( 79b8`4b( d>b9f9G>`>O( f9G9( d9G( f9b4( 9( 54b( =4bf8a95>bbef>G>bf>`8958^9d4b(>O(6>d8`96>Oa4b(c(aG9a968>Oa4b(̀ 4ba4b8b864bJ

"O(̀ e9Oa4(95(g5ej4(d>(G>`eGb4b(b>(=9(aG9a9d4(d>(6>j4G9G54(̀ 4O(59(>qf>d8`84O(d>d8g>G>Oa>b(d>`G>a4b(c(O4G69bJ(->O>64b(eO9(̀ 468b84O(d>(G>Ne59`84O(>O(b95ed(59`e95(9fGe>79(a9G8g9b(f458a8`9b(bej>a9(9(59(d8bf4O87858d9d(g8b`95((c(eO9b(>6fG>b9bb4`895>b(d>5(>ba9d4(ke>(d>7>(b47G>i8i8G(>O(`4Od8`84O>b(d>(6>G`9d4(`4O(eO9a9G8g9(f458a8`9V(b>(G>958^9G4O(8Oa>Oa4b(G>f>a8a8i4b(f4G(G>de`8G(d>G>`=4bV(̀ 4Od8`84QO9G(d>G>`=4bV(9e6>Oa9G(c(G>de`8G(>5(&'+V(f>G4(>O(̀ 4Ob5eb84O(>5(fG475>69(O4(>bd>5(g5ej4(d>(G>`eGb4b(c9(ke>((>O(59b(>`4O4689b(d>(6>G`9d4(b>(G>`4O4`>(>5(i954Gd>5(d8O>G4(c(54b(G>`eGb4bJ

"O()4546789(O4(>q8ba>(g95b>d9d(>O(fG>`84V(>O(b959G84bV(>b(eO(b8ba>69(>`4O468`4d8g>G>Oa>(95(d>5(6>G`9d4V(O4(`4ba8aec>(9(eO(b8ba>69(fG8i9d4(c9(ke>(O4(`e6f5>59b( G>N59b( d>( eO9( >`4O4689( d>(6>G`9d4(d>5( d8O>G4( >O( >5( b>`a4G( b95edJ(,49Oa>G84G(O4b(55>i9(9(f>Ob9G(ke>(O4(>q8ba>(b>NeG8d9d(jeG8d8`9(O8(>`4O468`9(f9G954b(9`a4G>b(d>5(b>`a4G(b95ed(54(ke>(O4b(55>i9(9(59(>q8ba>O`89(d>(eO(NG9O(G8>bN4

!WX!WX!WX!WX!WX

f9G9(`e95ke8>G(O>N4`84(>O(>5(b>`a4G(c((f4G(54(a9Oa4(>ba4b(O>N4`84b(b>(ie>5i>O>bf>`e59a8i4bV( 54b(69GN>O>b(d>(G>Oa97858d9d(d>7>O(b>G(95a4b(f9G9(>OaG9G(>OO>N4`84b(`4O(NG9Od>b(G8>bN4bJ

)e9Od4(O4(b>(G>Ne59(78>OV(`e9Od4(>5("ba9d4(O4(`e6f5>(be(geO`84O(9d>`e9d9Q6>Oa>(c(f9b9O(a4d9b(59b(b8ae9`84O>b(9Oa>G84G6>Oa>(`8a9d9b(b8>6fG>(b>(i9(9a>O>G(>5(68b64(G>be59a9d4(c(>b(>5(G>`4Ga>(d>(d>G>`=4bV(>ba>(>b(>5(fG475>69(d>5>b9d4( 8O>g8`8>Oa>V(ke>(9`979(G>`4Ga9Od4(d>G>`=4b(d>( 54b(`8ed9d9O4b(`464eO8`9(b958d9(f4G(be(8O`46f>a>O`89(54(ke>(N>O7>G9(eO(G46f868>Oa4(a4a95(d>5f9`a4(b4`895J

"5(9Oa8Ne4(fG8O`8f84(d>(59(b458d9G8d9d(b>(geOd4(>O(>5(`4O`>fa4(d>(59(8Ne95d9dd>(54b(̀ 8ed9d9O4b(c(>G9(59(fG>beOa9(fG4797858d9(d>(begG8G(54b(68b64(G8>bN4bV(>bf4G(>ba4(ke>(a4d4(̀ 454`979O(eO9(̀ 9Oa8d9d(d>(d8O>G4(>O(eO(g4Od4(c(b8(95N8O4(b>>Og>G6979(fe>b(ea858^979(>5(g4Od4J(&>G4(`4O(>5(9i9O`>(d>5(`4O4`868>Oa4(d>(59=e69O8d9d(b>(̀ 4O4`>(ke>(O4(a4d9b(59b(f>Gb4O9b(b>(>Og>G69OV(6e>G>O(4(>Oi>Qj>`>O(8Ne95V(>b(f4G(>ba4(>5(`4O`>fa4(d>(b458d9G8d9d(O4(fe>d>(>ba9G(79b9d9(>OeO(`4O`>fa4(d>(ke>(b4564b(8Ne95>b(b8O4(>O(ke>(b464(d8ba8Oa4b(f>G4(ke>(>5b8ba>69(d>7>(G>`4O4`>G((c(9`>fa9G(59b(d8g>G>O`89bV(>(bf4G(>ba4(ke>(9=4G9(59b458d9G8d9d(b>(d>g8O>(̀ 464(eO9(̀ 46f>Ob9`84O(9Oa>((59b(d>b8Ne95d9d>b(O9aeG9Q5>b(4(b4`895>b(54(ke>(b>(fG>a>Od>(>Oa4O`>b(>b(f9b9G(d>5(̀ 4O`>fa4(d>(8Ne95d9d(95d>(>ke8d9d(>b(d>`8GV(a4d4b(b464b(d8g>G>Oa>b(f>G4(d>7>(=97>G(eO(G>`4O4`868>OQa4(c(G>bf>a4(f4G(59b(d>b8Ne95d9d>bJ("b(f4G(>ba4(ke>(f9G9(G>b45i>G(54b(fG475>69bd>( `47>GaeG9( >O( 54b( b8ba>69b( d>( b95ed( O4( b>( fe>d>O( 9`>fa9G( `4Od8`84O>bd8b`G868O9a4G89b(c((9Oa8d>64`G9a8`9b(`4O(59(8d>9(d>(G>de`8G(>5(N9ba4J,9(G>Ne59`84O(9`ae95(fG4f>Od>(f4G(59(>ke8d9d(c(f4G(59(fG>i95>O`89(c(`4GG>bQf4Od>(9(59(54N8`9(d>(59(b95ed(fe758`9(68>OaG9b(ke>(59(`4Oa8ON>O`89(`4GG>bf4OQd>(9(59(54N8`9(d>5(9b>NeG968>Oa4l(59(fG>i95>O`89(b>(G>g8>G>(9(eO9(>Og>G6>d9dke>(9g>`a9(9(6e`=4b(c(ke>(>q8N>(ke>(>5(>ba9d4(a46>(6>d8d9b(f9G9(`4OaG459G>b4(fG4`>b4(>Od>68`4b(4(>f8d>68`4b(c(>b>(>b(>5(47>ja4(d>(59(be5d(fe758`9(c9ke>(>ba9(d>7>(aG979j9G(f4G(G>i95>O`89(c(59(b95ed(fe758`9(b>(8Oi>Oa4(>b>(̀ 4O`>fQa4(f9G9(aG979j9G(>O(i9G89b(>Og>G6>d9d>b(d>(fG475>69(O9`84O95(`4O(>5(g8O(d>`G>9G(f59O>b(d>(b95ed(fe758`9(c(`e95>b(=j9789(ke>(g4Ga95>`>G(f>G4(O4(b>(=8^4f9G9(d8b`G868O9G(9(`8>Ga9(f4759`84Ol(>5(`4O`>fa4(d>(`4Oa8ON>O`89(b>(G>g8>G>(959b>NeG968>Oa4(d>(>Og>6>d9d>b(ke>(fe>d>O(be`>d>G(>O(eO(geaeG4J,9(a>4G89(d>(54b(b>NeG4b(b>n959(ke>(>5(9b>NeG968>Oa4(>b(>5(6>`9O8b64(8d>95f9G9(d8bbaG87e8G(>5(`4ba4(d>(54b(b8O8>aG4b(4(`4Oa8ON>O`89b(ke>(beN8>G>O(eO(95a4`4ba4V(f>G4(>ba>(̀ 4O`>fa4(O4(fe>d>(b>G(̀ OgeOd8d4(̀ 4O(54b(̀ 4O`>fa4b(d>(b95ed(cd>(59(b>NeG8d9d(b4`895J

,9(8O>ke8d9d(>O(b95ed(95(8Ne95(ke>(59(8O>ke8d9d(b4`895(>b(eO(fG475>69(f458a8`4O4(a>`O8`4V(59(eO8i>Gb958d9d(c(59(>ke8d9d(>O(b95ed(b>(54NG9O(`e9Od4(eO9(b4`8>Qd9d(`4Ob8d>G9(8Ne95(9(beb(`8ed9d9O4b(c(O4(b>(54NG9(`e9Od4(>ba9b(b4`8>d9d>bO4(G>`4O4`>O(9(beb(`8ed9d9O4b(8Ne95>b(>O(d>G>`=4(c(4f4GaeO8d9d>bV(>j>6f54

!WS!WS!WS!WS!WS

d>(>ba4( 54b( aG979j9d4G>b(d>( 59(`4bOaGe``84O(4(d>5(`96f4V(`4O(d>G>`=4b(d>f9f>5J

"5(fG475>69(d>5(G>`4Ga>(d>(d>G>`=4b(ke>(b>(=9(i>O8d4(f59Oa>9Od4(d>bd>(59f>Gbf>`a8i9(b8(>ba9(4(O4(8O`5e8d4(>O(>5(&'+V(59(`4ObaGe``84O(d>5(68b64(ge>a4d4(eO(gG9`9b4(f4G(59(i9G8>d9d(d>(54b(b>Gi8`84bV(d4Od>(b>(>bfG>b9b(54b(b>Gi8Q`84b(>O(eO(69Oe95(d>(a9G8g9b(>b(d>`8GV(54b(d>G>`=4b(d>(54b(`4546789O4b(d>f>OQd>O(d>(eO(f59O(d>(a9G8g9bV(ke>(b8>6fG>(>ba9(d>b9`ae958^9d4b(f4G(59b(8OO4i9`84QO>b(ke>(b>(d9O(d89(9(d89J("b(d>(G>b59a9G(ke>(>5(fG475>69(O4(>ba9(>O(a>G68O4bd>(̀ 4ba4b(d>(59(b95edV(d>(f59Oa>9G(ke>(̀ e7G>(c(ke>(O4(̀ e7G>(>5(&'+V(>5(fG475>69>b(ke>(O4(a4d9b(59b(O>`>b8d9d>b(d>(b95ed(b4O(8Ne95>b((c(>ba>(b(>5(fG8O`8f95fG475>69(a>G4G8`4(ke>(O4(b>(=9(G>be>5a4(>b(d>`8GV(eO9(eGN>O`89(ke>(f4O>(>Of>58NG4(59(i8d9(d>(eO9(f>Gb4O9(>b(eO9(fG84G8d9d(c(>q8ba>O(>Og>G6>d9d>b(>O(54bke>(>5(b8ba>69(d>b95ed(fe>d>(g8O9O`89G((eO(f4G`>Oa9j>(f4G(O4(b>G(fG84G8a9G89bf>G4(>Og>G6>d9d>b(d>(59b(ke>(d>f>Od>(59(i8d9(d>7>O(b>G(a4a956>Oa>(g8O9O`89Qd9bJ("q8ba>(eO(fG475>69(a>4G8`4(d>(>ba975>`>G(fG84G8d9d>b(c(>ba9b(O4(fe>d>Ob>G(>ba975>`8d9d(f4G(69c4G89b(b8O4(f4G(`4Od8`84O>b(i8a95>bJ("ba964b(>O(eO9`G8b8b(̀ 4O(>ba>(fG475>69(a>4G8`4(9d>69b(>O(eO(fG4`>b4(d>(6>d8`958^9`84O(d>(59i8d9(6ec(NG9Od>(>O(d4Od>(a4d4(b>(G>be>5i>(>O(>5(6>d8`4(c(eO(fG475>69(d>5`4O`>fa4(d>(b95ed(c(>Og>G6>d9dV(eO9(d8g>G>O`89(d>(54b(8d>95>bJ(D9c(ke>(9O958Q^9G(9d>69b(f4G(ke>(59b(f>Gb4O9b(d>69Od9O(>O(>q`>b4(>5(b8ba>69(d>(b95ed(c9ke>(47>d>`>(9(fG475>69b(b4`895>b(f4G(ke>(59(eO8`9(b958d9(5>N95(>b(>5(b8ba>69(d>b95edJ("5(fG475>69(d>5(̀ e8d9d4(d>(54b(9de5a4b(69c4G>b(54b(̀ e95>b(G>ke8>G>O(69b`e8d9d4b(ke>(b95ed(6>d8`9V(d>7>(b>G(G>Ne59d4(c(G>be>5a4J(+4O(i9G89b(`4b9b(59bke>(>5(b8ba>69(d>(b95ed(d>7>(G>f59Oa>9GJ

,4(ke>(=9(be`>d8d4(`4O(59(fG8i9a8^9`84O(>b(ke>(b>(=9(`4Oi>Ga8d4(>O()4546789>O(eO(O>N4`84(G>Oa975>(ke>(b>(=9`>(d>(aG>b(69O>G9bU(!J('7a>O>G(eO9(G>Oa99f9Ga8G(d>(eO(f9N4(4758N9a4G84(d>(54b(`8ed9d9O4b(f4G(eO(78>O(4(eO(b>Gi8`84l(KJ$O9(i>b(ke>(b>( a8>O>(>5(O>N4`84(9b>NeG9d4(b>( 54NG9(>5(f9N4(d>(eO9( a9G8g9G>Oa975>(f9G9(>5(O>N4`84(c(9d>69b(O4(b>(>b(aG9Of9G>Oa>(`4O(G>Oa97858d9d(ke>N>O>G9(>5(O>N4`84(f9G9(fb4`84O9G6>(6>j4G(>O(59(O>N4`89`84O(c(d>bfe>b(d>47a>O>G(>5(O>N4`84(d>5(>ba9d4(b>(`4N>(>5(G>Ne59d4G(c(b>(9aG9f9(f9G9(ke>(>5O>N4`84(b>9(7e>O4V(f9G9(ke>(G>Ne5>O(9(g9i4G(d>(54(fG8i9d4(c(d>(>ba9b(>Oa8d9Qd>bV(>O(95NeO9b(>`4O4689b(c(b4`8>d9d>b(>b( a4a956>Oa>( 8O9`>fa975>(ke>( 59bf>Gb4O9b(aG9Ob8a>O(d>(>Oa>b(G>Ne59d4G>b(9(>Oa>b(G>Ne59d4bV(=9c(ke>(9`979G(̀ 4O59(fe>Ga9(N8G9a4G89(>OaG>(>Oa8d9d>b(fe758`9b(c(fG8i9d9bJ(+>(d>7>(9d>69b(`G>9GeO(b8ba>69(d>(8Og4G69`84O(d>(54b(b8ba>69b(d>(69O>G9(aG9Obf9G>Oa>(c(>O(58O>9Vf>G4(59(8Og4G69`84O(>b(>OaGN9d9(f4G(59b(68b69b(>Oa8d9d>b(eO(9n4(d>bfe>b`4O(>5(g8O(d>(ke>(b>(G>Ne5>(d>(69O>G9(8O9d>`e9d9V(c9(ke>(O4(b>(fe>d>(G>Ne59Gb8(59(8Og4G69`84O(59(a8>O>(>5(G>Ne59d4(c(O4(>5(G>Ne59d4GV(54(ke>(b>(fG>ba9(f9G9(59`4GGef`84O(>OaG>(54b(i954G>b(c(`4ba4bV(N9O9O`89b(c(G>be5a9d4b(>O(54b(b>Gi8`84bJ

!WY!WY!WY!WY!WY

)464(G>be5a9d4(>O(>ba4b(9n4b(d>(geO`84O968>Oa4(d>(>ba9b(>Oa8d9d>b(c(d>5b8ba>69V(>b(69b(>i8d>Oa>(ke>(5>b(G>be5a9(69b(g9`85(9(>ba9b(>Oa8d9d>b(8O`G>6>OQa9G(be(G>Oa97858d9d(6>d89Oa>(>5(5477c(f99G9(9jeba9G(9(be(̀ 4Oi>O8>O`89(54b(d>`G>Qa4bV(5>c>b(c(O4G69bV(ke>(8O`G>6>Oa9G(54b(69GN>O>b(6>d89Oa>(59(>g8`8>O`89(c(597e>O9(fG>ba9`84O(d>5(b>Gi8`84(f4G(ke>(>OaG>(a4d4b(eO8d4b(54NG9O(`96789G(59bO4G69b(9(be(`4Oi>O8>O`89(c(O4(5>b(86f4Ga9(c9(`46f>a8G(b8O4(9b4`89Gb>(f9G9`4Oi>O>`>G(95(G>Ne59d4G(ke>(5>N8b5>(b>NHO(59b(̀ 4O>i>O8>O`89b(d>5(O>N4`84J

"5(fG475>69(fe>b(>b(eO9(G>59`84O(>ba9d4(6>G`9d4V(>O(68(̀ 4O`>fa4(O4(>q8ba>(594f4`8b84O((>OaG>("ba9d4(c(?>G`9d4(c9(ke>(O4(>b(59(8d>9(d>(i45i>G(b8ba>69bfe758`4b(c9(ke>(>5(6>G`9d4(O4(fe>d>(geO`84O9G(b8(O4(>q8ba>(eO(6>G`9d4(ke>(54G>bf95d>V(ke>(G>Ne5>(ke>(5>(d>(b>NeG8d9d(fG8i9d9(V(>5(fG475>69(>ba9(>O(b97>G((b8>b9(G>959`84O(>ba9d4(Q6>G`9d4(g9i4G>`>(eO(f9Ga>(4(9(59(a4a958d9d(d>(59b(f>Gb4QO9bV(54(ke>(=9`>(ke>(b>(d>79O(G>f59Oa>9G(>ba9b(G>59`84O>b(7eb`9Od4(>Oa4O`>bke>(b>9(d>(69c4G(7>O>g8`84(f9G9(54b(̀ 8ed9d9O4bV((md86>(ke>(6>G`9d4(a8>O>b(ca>(d8G>(ke>(>ba9d4(a8>O>bmV(b8(>5(>ba9d4(>b(>g8`8>Oa>(fe>b(b>(̀ 4Ob458d9G9O(6>G`9Qd4b(>g8`8>Oa>b(̀ 4O(69c4G>b(N9G9Oa89b(c(i8`>i>Gb9V(>5(fG475>69(G9d8`9(>Oa4O`>b>O( b>NeG8d9d( `8i85V( G>bf4Ob97858d9d(d>( 54b( 9N>Oa>b( >`4O468`4bV( >ba>( >b( eOfG475>69(O4(d>(eO(b454(64d>54(b8O4(d>(i9G84b(`464(>5(b4`895V(>5(>`4O468`4ke>(b>(i>(G>g59j9d4(>O(>5(b8ba>69(d>(b95edJ

"O(`4O`5eb84O(b>(aG9a9(d>(eO(fG475>69(d>(f458a8`9V(d>(eO(fG475>69(d>(d>64Q`G9`89(c9(ke>(54(ke>(d>6e>baG9(>ba9(fG8i9a8^9`84OV(>ba9(̀ G8b8b(d>(59(b95ed(c(>ba9d>g8`8>Oa>(G>Ne59`84O(>b(>5(d>g8`8a(d>(59(d>64`G9`89(d>(Oe>baG4(f98bV(>5(=>`=4(d>ke>(eO9b(>6fG>b9b(fe>d9O(f9N9G(b>O9d4G>b(f9G9(G>Ne59G(9(be(g9i4G(>b4(>bd>g8`8a(d>(d>64`G9`89V(>ba4(O4(>b(f4b875>(d>64`G9`89b(d>(754ke>(d4Od>(54b9N>Oa>b( >`4O468`4b( ( O4( fe>d>O( b474GO9G( 9( eO4b( f4`4b( f9G9( N9O9G8Ode55N>O`89bV(b>(aG9a9(>Oa4O`>b(d>(eO(fG475>69(d>(G>N86>O(f458a8`4(ke>(>ba979b9d4(>O(>6fG>b9b(f458a8`9b(f9Ga8`e59G>b(ke>( b>( G>fG4de`>O(i>Od8>Od4(c>OaG>N9Od4(fe>ba4(d>(̀ 4OaG9a4b(d>5(>ba9d4(c(b>(G>f9Ga>O(>5(>ba9d4(9(f>d9^4b(c`4O(>b>(G>N86>O(f458a8`4(d8g8`856>Oa>(>O`4OaG9G>64b(eO9(b958d9(d>64`G9a8`9(954b(fG475>69b(d>(59(b95edJ

,4(ke>(b>(d>7>(7eb`9G(>b(eO(>j>G`8`84(d>64`G9a8`4(>O((>5(ke>(54b(f9Ga8d4bf9Ga8`8f>O(>O(754ke>(`4O(8d>9b(c(f4b8`84O>b(f9G9(b45e`84O9G(>ba9(`G8b8b(>O(54>`4O468`4(c(>O(54(b4`895(c(ke>(O4(b>9O(9N>Oa>b(f9Ga8`e59G>b(O8(54b(9`a4G>b(54bke>(6e>i9O(8Og5e>O`89b(f9G9(=9`>G(59b(G>g4G69b(9(be(`4Oi>O8>O`89(>q`5eb8i9Q6>Oa>V(f4G(ke>(>5(fG475>69(>`4O468`4(c(b4`895(ke>(b>(>i8d>O`89(>b(a>GG875>J

m"q8j4(d>64`G9`89(f9G9(59(`G8b8b(>O(>5(b>`a4G(b95edm

!WR!WR!WR!WR!WR

!WZ!WZ!WZ!WZ!WZ

1G9J( 05>q91G9J( 05>q91G9J( 05>q91G9J( 05>q91G9J( 05>q9OdG9( +`=44O>OdG9( +`=44O>OdG9( +`=44O>OdG9( +`=44O>OdG9( +`=44O>zzzzz45gg( .45gg( .45gg( .45gg( .45gg( .46>G46>G46>G46>G46>G444443)4546789:3)4546789:3)4546789:3)4546789:3)4546789:

"b(974N9d9V(0ed8a4G9(,8d>G(%+'(TWW!V(%+'(!XWW!('=b9b(!ZWW!J("b(>bf>Q`8958ba9(>O(1>G>`=4(0678>Oa95(c(>O(a>69b(d>(b>NeG8d9d(8OdebaG895J("qf>Ga9(>OfG4`>b4b(c(4f>G9`84O>b(>O(a>69b(9d68O8baG9a8i4b(Ne7>GO96>Oa95>bV(g4G6e59Q`8_OV(>i95e9`8_O(c(>j>`e`8_O(d>(fG4c>`a4b(d>(d>b9GG4554V(9d68O8baG9`8_O(d>b8ba>69b(d>(8Og4G69`8_OV(9d68O8baG9`8_O(9678>Oa95V(b>NeG8d9d(8OdebaG895(c(b9Q5ed( 4`ef9`84O95V( fG>ba9Od4( 9b>b4G]9V( `4Obe5a4G]9( c( `9f9`8a9`8_O( >O( 5986f5>6>Oa9`8_O(d>5(+8ba>69(d>(@>ba8_O(d>(59()958d9dV(?4d>54("baMOd9G(d>)4OaG45(%Oa>GO4(c(1>b9GG4554(0d68O8baG9a8i4

!WT!WT!WT!WT!WT

)')')')')',,,,,'?;%0U'?;%0U'?;%0U'?;%0U'?;%0U,,,,,0( "B&,0( "B&,0( "B&,0( "B&,0( "B&,'''''-----00000)%I*( ?%*".)%I*( ?%*".)%I*( ?%*".)%I*( ?%*".)%I*( ?%*".0V( +$+( "A")-0V( +$+( "A")-0V( +$+( "A")-0V( +$+( "A")-0V( +$+( "A")-'+( 0'+( 0'+( 0'+( 0'+( 0?;%"*Q?;%"*Q?;%"*Q?;%"*Q?;%"*Q-----0,"+( F( +$( *'.?0,"+( F( +$( *'.?0,"+( F( +$( *'.?0,"+( F( +$( *'.?0,"+( F( +$( *'.?00000-%<%10-%<%10-%<%10-%<%10-%<%1011111

"5(a>69(ke>(i964b(9(aG9a9G(>b(>5(a>69(9678>Oa95(c(68O>G4V(fG8O`8f956>Oa>J&e>b(a4d9b(59b(9ed8a4G89b(ke>(=>(G>958^9d4(>O(>5(b>`a4G(68O>G4(c(>5(b>`a4G(d>=8dG4`9G7eG4bJ

<964b(9(>6f>^9G(`4OV(59(>qf54a9`8_O(d>(`8>54(978>Ga4(d>(+>N4i89(0Oa84ke89J&4d>64b(9O958^9GV(d>bd>(>5(feOa4(d>(i8ba9(9678>Oa95(c(68O>G4(a4d9b(59b(9g>`a9Q`84O>b(ke>(b>(fe>d>O(47b>Gi9G(̀ e9Od4(>ba964b(>j>`ea9Od4(eO(fG4c>`a4(68O>QG4J("b(O>`>b9G84(=9759GV(d>(59(b>NeG8d9d(8OdebaG895V(=9c(i>64b(a9678hOV(̀ e9Od459b(f>Gb4O9b(>baMO(aG979j9Od4(>O(59(>qf54a9`8_O(68O>G9V(b8O(O8ONHO(>5>6>Oa4d>(b>NeG8d9d(4(fG4a>``8_O(f9G9(>5(d>b9GG4554(d>(>ba9(9`a8i8d9dJ

&9G9(f4d>G(d>b9GG4559G(>ba>(a>69V(aG9a9Gh(d>(`4Oa9G5>b(d>(69O>G9(N>O>G95V(ci964b(9(i>G(59(f9Ga>(O4G69a8i9(68O>G9V(`464(59(f9Ga>(9678>Oa95V(8Ne956>Oa>59b(f45]a8`9b(68O>G9b(ke>(b>(=9O(d8`a9d4(c(59b(f45]a8`9b(9678>Oa95>bJ(F(`464i964b(9(=9759G((d>(9ed8a4G89bV(>5(a>69(`>OaG95(>bV(>5(`G8a>G84(ke>(b>(d>7>(a>O>Gf9G9(f4d>G(G>958^9G(59(9ed8a4G]9(8Oa>NG95V(a9Oa4(d>(6>d84(9678>Oa>(`464(d>b>NeG8d9d(8OdebaG895V(>baM(79b9d9(>O(eO(a>69(6ec(`4OaG4i>Ga8d4(ke>(a>O>64bke>(b4O(59b(g964b9b(58`>O`89b(9678>Oa95>bV(54b(f59O>b(d>(69O>j4(9678>Oa95(cV`_64(d>7>64b(9ed8a9G54b(c(68G9G(a4d9(59(d4`e6>Oa9`8_O(ke>(b>(fG>b>Oa9(cVa4d4b(54b(̀ 96784b(ke>(=9(a>O8d4(>O(>5(aG9Ob`eGb4(d>bd>(>5(9n4(!TRX(9(59(g>`=9V`_64(=9(8d4(>i45e`84O9Od4(c(`_64(i>64b(54b(`96784b(a9O(7Geb`4b(ke>(=>Q64b(a>O8d4(>O(>b9b(5>N8b59`84O>bJ

<964b(9(8O8`89G(59(`=9G59(ea858^9Od4(fe>bV(59(ah`O8`9(d>(59(9Gke>454N]9(O4G69Qa8i9V(f9G9(f4d>G(`46f9G9G(59b(d8g>G>Oa>b(64d958d9d>b(d>(>qf54a9`8_O(68O>G9>O(>5(69O>j4(9678>Oa95V(ke>(b>(=9O(i>O8d4(d9Od4(>O()4546789J

D>64b(f9b9d4(f4G(d8g>G>Oa>b(8Oba8ae`84O>bV(8Ne956>Oa>(f4G(64d>54b(f45]a8`4bc(d>(d>b9GG4554(d8g>G>Oa>bV(>ba>(>baed84(O4(>b(f4b875>(55>i9G54(d>(eO9(69O>G96ec(feOa95(c(68Oe`84b9V(f4Gke>(a>O>64b(ke>(deG9G(i9G84b(d]9b(9ke]V(68G9Od4>b9( a>6Ma8`9V( >O(fG86>G( 5eN9GV(f4Gke>( b464b(eO(f9]b(d>(O4G69bV(eO(f9]bb9Oa9Od>G8ba9(d4Od>(̀ 9d9(G9a4(b95>(eO9(Oe>i9(O4G69V(>ba964b(55>O4b(d>(d4`eQ6>Oa4b(ke>(`e9Od4(a4`9(9ed8a9G(>b(O>`>b9G84(`4OaG9a9G(6e`=4(>ke8f4(f9G9f4d>G(55>i9G(a4d9(>b9(`9Oa8d9d(d>(O4G69bV(f9G9(f4d>G59b(i>GJ

<4c(9(8G(feOae95(>O(95NeO4b(a>69bV(c(G>956>Oa>V(fe>b(`G>4(ke>(>ba9GMO(d>9`e>Gd4(o9(keh(i8O8>G4O(54b(>bf9n45>b(9()4546789p(0(G479GO4bV(9(b9ke>9GQO4bJ(,9(̀ 4Oke8ba9(d>(06hG8`9(f4G(54b("bf9n45>bV(b>(55>i_(>5(4G4V(d>aGMb(d>5(4G459b(>b6>G95d9bV(d>aGMb(d>(59b(>b6>G95d9bV(i8O8>G4O(c(b9ke>9G4O(Oe>baG4(f9]b

!!W!!W!!W!!W!!W

f9G9(>6f>^9G(59(>qf54a9`8_O(d>(59(68O>G]9(>O()4546789V(aei8>G4O(ke>(i>O8G(d>9ge>G9J(&4Gke>(54b( 8Od]N>O9b(a>O]9O(eO9(g4G69(d>(69O>j9G(>5(9678>Oa>(a9Of>Gg>`a9V(ke>(OeO`9(a>O]9O(fG475>69b(d>(O9d9(c(`4O(59(i>O8d9(d>(54b(>bf9n4Q5>b(a4d4(`9678_J

,9(68O>G]9(>6f8>^9(deG9Oa>(>5(f>G84d4(`454O895V(deG9Oa>(59(`e95(N>O>G_(eO4b`8G`e8a4b(`46>G`895>b(c( b47G>( a4d4(`4O(4aG4b(f9]b>b(d>("eG4f9V(f4Gke>(O4b4596>Oa>(b>(b9`979O(54b(68O>G95>b(f9G9(55>i9G54b(9("bf9n9V(b8O4(ke>(a9678hO>6f>^9G4O(9(=9`>Gb>(O>N4`84b(`4O(d8g>G>Oa>b(`8ed9d>bJ()e9Od4(G>i8b964b(59`9Ga4NG9g]9(b47G>(54b(>O`59i>b(68O>G4bV(f4d>64b(47b>Gi9G(ke>(a>O>64b(̀ 464eO9(>baGe`aeG9(f45]a8`9(c(>`4O_68`9(d>(59b(`454O89b(>bf9n459bJ("b(d>`8GV(ke>`464(54b(>bf9n45>b(O4b(d>b`e7G8>G4OV(aG9j>G4O(beb(>baGe`aeG9b(f9G9(64Oa9G59b9`MJ((F(`G>4(ke>(>O(59(9`ae958d9d(O4(>b(d8g>G>Oa>J

"O(!SZRV(>6f8>^9(̀ 464(>5(d>b`e7G868>Oa4(c(59(>qf54a9`8_O(d>(95NeO9b(68O9bVfG8O`8f956>Oa>(59(68O9(d>(29G9N4^9V(b8ae9d9(b47G>(>5(G84(*>`=]V((d>bd>(!SZR=9ba9(>5(KW!K(b>(=9(>qf54a9d4(>ba>(G]4J

,9(f9Ga>(68O>G9(̀ 46>O^_(9(69O>j9Gb>(jeG]d8`96>Oa>V(fe>b(a>O8>Od4(>O(̀ e>OQa9( 59b( R( f9Ga8d9b( d>( 05g4Ob4( 1h`864( >5( b9784V( >O( 59( `e95( b>( d>`]9( ke>( 59fG4f8>d9d(d>5(be>54(>G9(>5("ba9d4V(c(`464(>5("ba9d4(>G9O(54b(>bf9n45>bV(fe>b>5(be>54((>G9O(54b(>bf9n45>bJ(1>5(G>8O4(d>("bf9n9J

,9( 4Gd>O9O^9( d>( .4d9bV( `4Oba8aec>( eO4( d>( 54b( fG86>G4b( `_d8N4bV( f9G9( 599d68O8baG9`8_O(d>(59(>qf54a9`8_O(68O>G9V(fG8O`8f956>Oa>V(f4Gke>(c9(b>(=9759Q79(d>(`_64(f4dG]964b(=9`>G(59(>qf54a9`8_O(d>(>b4b(c9`868>Oa4bJ(1eG9Oa>(Lb8N54b(c(95N4(6MbV(59(68O>G]9(O>4NG9O9d8O9(aG979j_(9(aG9ihb(d>(59b(G>95>b(68O9bke>(>G9O(fG4f8>d9d(d>5(G>c(d>("bf9n9J

%Ne956>Oa>V( =97]9( 95NeO9b( 68O9b( ke>( a>O]9O( 59( fG4f8>d9d( d>( f9Ga8`e59G>bJ%Ne95(ke>(9=4G9V(=97]9(95N4(78>O(86f4Ga9Oa>V(c(>bV(ke>(f9G9(f4d>G(>qf54a9G>b9b(68O9b(=97]9(ke>(f9N9G(95(N478>GO4(G>8O95(eO9(G>N95]9V(=97]9(ke>(d9G((eOf4G`>Oa9j>(d>(54(ke>(b>(>ba979(b9`9Od4(ke>(b>(5596979(>O(ke8Oa4(G>95(cV(>G9>Oi89d4(9("bf9n9(c(̀ e9Od4(54b(N478>GO4b(̀ G84554b(b>(ke>d9G4O(̀ 4O(>b9(>baGe`QaeG9V(b8Ne8>G4O(`47G9Od4(59b(G>N95]9bV(c(>O(>b9(hf4`9V(d>bfehb(d>(!SZRV(d>bQ9f9G>`8>G4O(59b(G>N95]9bJ

D4c(a>O>64b(G>N95]9bV(54(HO8`4(ke>(O4(bhV(f4Gke>(O4(54(>O`4OaGh(>O(587G4b(4d4`e6>Oa4b(ke>(`4Obe5ahV(>b(b8(54b(8Od84b(b>(G479G4O(59b(G>N95]9bV(a96f4`4(bhVb8(59(>qf54a9`8_O(ke>(b>(=9`89(>O(>b9(hf4`9(>G9(a9O(=4O>ba9(c(aG9Obf9G>Oa>`464(f9G9(d>`59G9G(59(a4a958d9d(d>5(68O>G95(ke>(b>(b9`979V(>b4(O4(>baM(>b`G8a4>O(O8ONeO9(d4`e6>Oa9`8_OJ(*4(bhV(b](>O(>b9(hf4`9(f9b979(54(ke>(f9b9(=4c(>Od]9J(*4(b>(b97>V(b](>b9b(G>N95]9b(G>fG>b>Oa979O(95NHO(7>O>g8`84(f9G9(59(f4759Q`8_OJ(o1>j964b(>5(8Oa>GG4N9Oa>sp

!!!!!!!!!!!!!!!

"O(>5(9n4(d>(!ZK!(b95>(59()4Oba8ae`8_O(d>()H`ea9V(>O(>ba9(̀ 4Oba8ae`8_O(b8Ne>OG8N8>Od4(59b( 5>c>b(>bf9n459bV(c(>b4(b>(fG454ON_(=9ba9(>5(9n4(d>(!ZKLV(ge>`e9Od4(9f9G>`>(f4G(fG86>G9(i>^(eO9(,>c(?8O>G9(>O()4546789(cV(=975979b47G>(>5(9GG>Od968>Oa4(d>(59b(68O9bV(c(9ea4G8^_(95(&4d>G("j>`ea8i4(f9G9(9GG>OQd9G(59b(68O9bV(>b4(be`>d8_(>O(!ZK!J

"O(!ZKSV(`468>O^9(59(>qf54a9`8_O(d>(59b(68O9b(d>(f59a9(d>(+9Oa9(0O9(c(d>4G4(d>(?9G69Oa4(ke>(9HO(>ba964b(>qf54a9Od4J(F(f9G9(>b9b(68O9bV(>5(N478>GQO4(̀ 4546789O4(aG9j4(eO4b(8ON>O8>G4b(8ON5>b>b(c(95>69O>bV(f9G9(ke>(5>(>Ob>n9QG9OV(fe>bV(9(54b(`G84554b(`_64(d>7]9O(=9`>G(59b(>qf54a9`84O>b(68O>G9bV(c(O4b>Ob>n9G4O(95N4(6ec(7e>O4(ke>(a4d9i]9(54(b>Ne864b(9f58`9Od4U(d>7]964b(>qQf54a9G(59(68O>G]9(9(aG9ihb(d>(b4`9i_OJ("O()4546789V(a4d9i]9(9f58`964b(ah`O8Q`9b(ke>(O4b(>Ob>n9G4O(d>bd>(>5(9n4(!ZKS(c(ke>(>O(>b9(hf4`9(9dke8G8_(NG9O86f4Ga9O`89V(fe>b(b>(=9`]9O(59b(>qf54a9`84O>b(68O>G9b(9(f8`4(c(f959J(&>G455>N_(59(N>Oa>(d>("eG4f9V(ke>(69O>j979(59(68O>G]9(c(̀ 4Ob8d>G_V(ke>(>G9(86f4GQa9Oa>(ke>()4546789(>6f>^9G9(9(ea858^9G(59(ah`O8`9(d>5(b4`9i_OJ

<8>O>(59(f9Ga>(6Mb(8Oa>G>b9Oa>(ke>(>b(>O(!ZKT(ke>(+86_O(;45]i9G(>qf8d8_(>O#e8a4(eO(G>N596>Oa4(d>(68O9bV(>ba>(G>N596>Oa4(ge>(9d4fa9d4(>O(59(@G9O()4Q546789V(`464(59(4Gd>O9O^9(d>(68O>G]9(d>(59(*e>i9("bf9n9V(>b(d>`8GV(ke>(>OfG8O`8f84V(59b(68O9b(>G9O(fG4f8>d9d(d>("ba9d4J

D4c(>O(d]9(b>Ne864b(8Ne95V(b4O(fG4f8>d9d(d>5("ba9d4(>5(be>54(c(>5(be7be>54J14bV(>5(N478>GO4(f4d]9(`4O`>d>G( 59b(68O9b(d>(fG4f8>d9d(4(f4b>b8_O(9( 54b`8ed9d9O4bV(=4c(b>Ne864b(=9`8>Od4(54(68b64J(F(ke8>O>b(aei8>G9O(59(4f4GaeQO8d9d(d>(G>`878G(eO9(68O9(c(f4d>G59(>qf54a9GV(a>O]9O(ke>(G>Od8G(aG87ea4J(D4c(>Od]9(d964b( 59b(68O9b(>O(`4O`>b8_O(c( 59b(f>Gb4O9b(f9N9O(eO9b(G>N95]9bV(O4=>64b(`96789d4(6e`=4J

"O(59(`4Oba8ae`8_O(d>(59()4Og>d>G9`8_O(@G9O9d8O9(d>(!ZSZV(>b(O>a96>Oa>(d>`4Ga>(g>d>G958ba9V(>Oa4O`>b(9=]V(59b(68O9b(>ba979O(79j4(>5("ba9d4(`4Og>d>G9d4ke>(a>O]9(a4d9(59(fG4f8>d9d(d>(59b(68O9b(c(>554b(b>(G>b>Gi979O(59b(68O9b(6Mb86f4Ga9Oa>bl(59b(>b6>G95d9bV(59(b95(N>69(c(59b(i>Ga8>Oa>b(b959d9bJ

+8>6fG>(59b(68O9b(=9O(>ba9d4(>O(fG4f8>d9d(d>5("ba9d4J(,9()4Oba8ae`8_O(d>"ba9d4b($O8d4b(d>()4546789(d>(!ZYLV(`4Ob>Gi_(54b(68b64b(d>G>`=4b(ke>a>O]9O(54b(̀ 4Og>d>G9d4bV(O4(=e74(̀ 96784(>O(O8ONHO(646>Oa4(c(>6f>^9G4O(95>N8b59G(b47G>(68O>G]9J

"5("ba9d4(b47>G9O4(d>(0Oa84ke89V(ke>(ge>(59(^4O9(d4Od>(>6f>^_(>5(7e6(d>(5968O>G]9(c(>5(`e95V(b8Ne>(b8>Od4(eO4(d>(54b(d>f9Ga96>Oa4b(d4Od>(6Mb(68O>G]9a>O>64bV(>qf8d8_(>5(`_d8N4(d>(68O9bJ(->O>64b(9=]V(ke>(=9O(8d4(9f9G>`8>Od4>O(d8g>G>Oa>b(>a9f9b(54b(`_d8N4b(d>(68O9bJ("O(59(`4Oba8ae`8_O(d>(!ZZYV(ie>5i>c(b>(G9d8`9(59(b47>G9O]9(d>(59b(68O9b(>O(>5("ba9d4V(a46MOd4b>(59(a8ae59G8d9d(d>

!!K!!K!!K!!K!!K

59b(68O9b(ke>(>ba979O(>O(`97>^9(d>(54b("ba9d4b(b47>G9O4bV(>b(d>`8GV(ke>(b>i45i8_(4aG9(i>^(9(G>`4N>G(a4d9b(59b(68O9b(ke>(>ba979O(d8bf>Gb9b(c(i45i8>G4O(95"ba9d4V(b>(i45i8_(95(`>OaG958b64J

&4G(6>d84(d>(59(5>c(LZ(d>(!TZRV(b>(>qf8d>(>5(`_d8N4(d>(68O9b(d>(0Oa84ke89Vc(ke>(>b(̀ 464(eO9(5>N8b59`8_O(ke>(979G`_(9(O8i>5(O9`84O95V(fe>bV(̀ 464(0Oa84ke89>G9(eO9(^4O9(d4Od>(=97]9(79ba9Oa>(68O>G]9(>ba979O(6Mb(9i9O^9d4b(ke>(4aG4bd>f9Ga96>Oa4b(ke>(a9678hO(a>O]9O(68O>G]9V(>Oa4O`>bV(b>(9d4fa_(>b>(`_d8N4`464(`_d8N4(O9`84O95(ke>(879(9(f>G68a8G(>5(69O>j4(d>(a4d9(59(68O>G]9J

"O(!TWS(Oe>baG4(fG>b8d>Oa>(.9g9>5(.>c>bV(>qf8d>(eO(d>`G>a4(G>N596>Oa9G84(LX>O(>5(`e95(g9`e5a_(95(N478>GO4(f9G9(ke>(d8>G9(f>G68b4(9( 59(>qf54G9`8_O(`4OdG9N9b(>O(54b(5>`=4b(d>(54b(G]4bJ(0`ae956>Oa>(=9`>64b(54(68b64J(A8O956>Oa>V.>c>b(4a4GN_(59b(d4b(NG9Od>b(`4O`>b84O>b(ke>(a>O>64bV(ke>(>O(>b9(hf4`9>6f>^9G4O(9(N>O>G9G(7e>O4b(G>`eGb4b(95("ba9d4V(ke>(ge>(59(̀ 4O`>b8_O(f>aG45>G99(.47>Ga4(d>(?9G>b(>O(>5(bed>ba>((d>(;9GG9O`97>G6>j9(c(95(@>O>G95(<8GN8584;9G`4(>O(>5()9a9ae674J(D4c(a4d9i]9(>O("`4f>aG45(a>O>64b(eO9(+Hf>G(%Oa>OQd>O`89(d>(?9G>bJ("ba9(̀ 4O`>b8_O(b>(4a4GN_V(f4Gke>(>G9(>5(9=8j9d4(d>(69aG864QO84(d>5(14`a4G(.9g9>5(.>c>b(>5(fG>b8d>Oa>(d>(59(.>fH758`9J

"O(>baM(hf4`9(>b(6ec(695(i8ba4V(f4G(59(,>c(d>(-G9Obf9G>O`89J(<8GN8584(;9G`4Vaei4(eO9(`4O`>b8_O(>O(>5()9a9ae674V(59(>6fG>b9(b>(5596979(59()4546789O&>aG45>9O()46f9Oc(ke>(9`ae956>Oa>(59(>qf54a9`8_O(d>(=8dG4`9G7eG4b(>baM(>O69O4b(d>("`4f>aG45J

->O>64b(>5(d>`G>a4(TYZ(d>(!TXWV(d4Od>(b>(`G>_(>5(?8O8ba>G84(d>(?8O9b(c&>aG_5>4bV(ke>(9be68_(a4d9b(59b(geO`84O>b(d>(>ba9(69a>G89V(>ba979(69O>j9Od4>5(?8O8ba>G84(d>("`4O46]9(*9`84O95J("O(!TXW(a>O>64b(eO(?8O8ba>G84(d>(?8O9bc(&>aG_5>4bJ(0=](>6f>^964b(9(4GN9O8^9G(a4d4(54(ke>(i>O]9(d>(59b(d8g>G>Oa>bhf4`9b(d>bd>(59b(`454O89b(=9ba9(>b>(9n4J

"O(!TZZ(9f9G>`>(>5()_d8N4(d>(?8O9bV(ke>(>5(d>`G>a4(KYSSV(>b>(`_d8N4(i8>j4ke>(=97]9(9Oa>G84G6>Oa>V(d>ba9`979(eO4b(9bf>`a4b(6ec(86f4Ga9Oa>bV((`464ke>( a4d4b( 54b( G>`eGb4b(O9aeG95>b(O4(G>O4i975>b(b4O(>5( be>54(c(>5( be7be>54Vf>Ga>O>`>O(9( 59(*9`8_OJ( %Ne956>Oa>V(O4b(d>`]9(>5( G>N596>Oa4(d>(68O9b(d>;45]i9GV( a9678hO( a4d9b( 59b( O4G69b( d>( 68O>G9b( ke>( b>( 69O>j979O( >O( >5g>d>G958b64J(*4(`96784(O9d9J

+>(G>Ne5_(59(9`a8i8d9d(68O>G9(`4O(G>59`8_O(9(9bf>`a4b(`464(59(fG4bf>``8_OV>qf54a9`8_O(c(7>O>g8`84J(+>(>ba975>`8>G4O(d8g>G>Oa>b(a]ae54b(68O>G4b(c(>5("ba9d4>G9(>5(>6fG>b9G84(9(aG9ihb(d>5(b8ba>69(d>(9f4Ga>V(>b(d>`8GV(a4d9(59(G>aG4bf>`a8i9ke>(i864b(d>(59b(d8g>G>Oa>b(hf4`9b(b>(G>`4N>(c(b>(`4Ob458d9(>O(>5()_d8N4(d>?8O9bJ

!!L!!L!!L!!L!!L

)464(eba>d>b(b97>OV(>O(>5(KW!!(6>d89Oa>(>5(d>`G>a4(X!LX(b>(̀ G>_(59(0N>O`89*9`84O95(d>(?8O>G]9(ke>(9be68_(a4d9b(59b(geO`84O>b(d>(9ed8a4G]9(68O>G9(ke>b>(`>OaG9G9O(>O(>5(a>GG8a4G84(`4546789O4J((0eOke>(>5(fG475>69(68O>G4(b>(`4OQi8Ga8_(>O(O4G69(b8Ne>(`4O(59b(68b69b(d>7858d9d>bJ

"O()4546789(b>(d8i8d>O(d4b(NG9Od>b(G>g4G69b(d>(59(f45]a8`9(fH758`9V(eO9(9fG8O`8f84b(d>(54b(RWV(̀ e9Od4(b>(>qf8d>(>5(̀ _d8N4(d>(G>`eGb4b(O9aeG95>b(G>O4i9Q75>b(c(fG4a>``8_O(95(6>d84(9678>Oa>V(c(b>(G>4G8>Oa9O(a4d9b(59b(>Oa8d9d>b(fH758Q`9b(ke>(>ba979O(>O`9GN9d9b(d>(59(9d68O8baG9`8_O(d>(>ba4b(G>`eGb4b(9(aG9ihb(d>5%Od>G>O9J

+>(̀ G>9G4O(95NeO9b(̀ 4Gf4G9`84O>b(G>N84O95>b(ke>(>O(>b9(hf4`9V(>G9O(̀ 4Gf4G9Q`84O>b(9ea_O469b(f9G9(>5(d>b9GG4554(9678>Oa95V(`464(b8(ge>G9O(59(9ea4G8d9d9678>Oa95(>O(59(̂ 4O9J(0(fG8O`8f84b(d>(54b(9n4b(TWV(̀ 464(b97>O(eba>d>bV(̀ 4O(59>qf>d8`8_O(d>(59(`4Oba8ae`8_O(f45]a8`9(8O`4Gf4G9G4OV(6Mb(d>(SW(9Ga]`e54b((d>56>d84(9678>Oa>(c(d>5(d>b9GG4554(b4ba>O875>J((1>bfehbV(9f9G>`>(59(,>c(TTTLke>(G>4Gd>O9(a4d4(>5(b8ba>69(9678>Oa95(c(b>(`G>9O(LL(`4Gf4G9`84O>bJ

-4d9b(>b9b(G>g4G69b(=9O(i>O8d4(9`46f9n9d9b(̀ 4O(eO9(i8b8_O(O>a96>Oa>(>O(59G>59`8_O( b4`8>d9d( c(6>d84( 9678>Oa>V( c( jeOa4( 9( eO9b(f45]a8`9b( 4G8>Oa9d9b( 9f>5>9G(̀ 4O(>5(d>b9GG4554(>`4O_68`4V(fe>ba4(ke>V(b>(d>7>(=9`>G(>5(d>b9GG4554(ca9678hO(`e8d9G(54b(G>`eGb4bV(f>G4(okeh(f>b9(6Mbp("5(d>b9GG4554J

"O()4546789(=>64b(̀ 96789d4(6e`=4V(c(d>(9`e>Gd4(̀ 4O(>5(̀ _d8N4(d>(G>`eGb4bO9aeG95>b(c(d>(9`e>Gd4(`4O(59()4Oba8ae`8_O(f45]a8`9V(`4Ob8d>G964b(ke>(b>G]98Oa>G>b9Oa>(a>O>G(eO("ba9d4(i>Gd>J(FV(54(HO8`4(i>Gd>(ke>(=>64b(i8ba4(H5a869Q6>Oa>(ge>(59(9f9G8`8_O(d>(eO(f9Ga8d4(f45]a8`4J

"O(>5(9n4(!TSXV(b>(8O8`89(59(=8ba4G89(9678>Oa95(d>()4546789V(`4O(59(`G>9`8_Od>(59()4Gf4G9`8_O(0ea_O469(d>5(<955>(d>5()9e`9V(>ba9(`4Gf4G9`8_O(ge>(eO64d>54( `4f89d4( d>( 9ge>G9J(-ei864b( 59( 7G8559Oa>( 8d>9V( d>( ke>( f9G9( `G>9G59f4d]964b(̀ 4f89G(̀ _64(b>(i>O89(69O>j9Od4(>5(G84(-96>b]V(c(̀ 4f8964b(a4d9(be>baGe`aeG9(c(b>(O4b(45i8d_(ke>(i8i]964b(>O()4546789(c(ke>(>b4( 86f58`97995NeO9b(9d9fa9`84O>bJ

"ba9(`4Gf4G9`8_O(aei4(eO9b(`46f>a>O`89b(>bf>`]g8`9b(f9G9(54b(G>`eGb4b(O9aeQG95>bV(c(>ba979(>O(eO9(jeG8bd8``8_O(95(O4Ga>(d>5(d>f9Ga96>Oa4(d>5()9e`9V((c(>5hOg9b8b(d>(>ba9(`4Gf4G9`8_OV(>G9(59(fG4a>``8_O(d>5(G84()9e`9V(=9O(f9b9d4(SX9n4b(c(O4(a>O>64b(fG4a>N8d4(>5(G84()9e`9J(&e>b(>5(g8O(fG8O`8f95(d>(59(̀ 4Gf4G9Q`8_O(ge>(59(fG4a>``8_O(d>(>ba>(G84(c(a>O>64b(9=4G9(eO(NG9O(8Oa>GG4N9Oa>J

"ba9(̀ 4Gf4G9`8_OV(̀ 464(>G9(eO(64d>54(̀ 4f89d4(c(=97]9(a>O8d4(hq8a4(>Oa4O`>bb8Gi8_(d>(79b>(f9G9( 59( `G>9`8_O(d>( 59b(Y(Oe>i9b( `4Gf4G9`84O>b(9ea_O469bG>N84O95>bV(>O(59b(`e95>bV(b>(a>O]9(`464(geO`8_O(fG8O`8f95(>5(d>b9GG4554(G>N84Q

!!X!!X!!X!!X!!X

O95J("b9b(`4Gf4G9`84O>b(b>(d>d8`9G4O(9(59(`4ObaGe``8_OV(`4ObaGe]9O(d>(a4d4f>G4(O4V(a>O]9O(>O(̀ e>Oa9(keh(f9b979(̀ 4O(54b(G>`eGb4b(O9aeG95>bV(ke>(6e`=9bi>`>b(>b9b(`4Gf4G9`84O>b(>ba979O(9g>`a9d4(f9G9(f4d>G(>j>`ea9G(59(47G9J

1>bfehb(>O(!TYZV(>baMO(59b(`4Gf4G9`84O>b(d>5(<955>(d>5(?9Nd95>O9(d>5(+8OHVke>(g8O956>Oa>(ge>(geb84O9d9(c(ge>(54(ke>(d84(4G8N>O(9(59(`G>9`8_O(d>5(%Oba8aea4*9`84O95(d>(.>`eGb4b(*9aeG95>b(%Od>G>O9J("5(`e95V(deG_(i9G84b(9n4bV(a>G68O_>O(>5(9n4(TL(58ke8d9d9J

"O(!TRL(b>((>qf8d>(59(5>c(KLV(ke>(>b(>5(>ba9aea4(9678>Oa95(64d>GO4(>O(>5(̀ e95b>(g8j9O(95NeO4b(f9GM6>aG4b(c(ge>(59(5>cV(ke>(5>(d84(g9`e5a9d>b(>qaG94Gd8O9G89b(95fG>b8d>Oa>(d>(59(.>fH758`9V(f9G9(ke>(>qf8d8>G9(>5(`_d8N4(d>(54b(G>`eGb4b(O9aeQG95>bJ("ba>(̀ _d8N4V(b958_(b86f5>6>Oa>(f4Gke>(>G9(95N4(ke>(O4b(>ba979(f8d8>Od459(̀ 4Og>G>O`89((d>("ba4`4564(c(ke>(O>`>b8aM7964b(ke>(>O()4546789V(b>(8O8`89QG9(eO9(N>ba8_O(9678>Oa95J()4546789(9b8ba8_(9(a4d9b((59b(G>eO84O>b(8Oa>GO9`84QO95>bV(g8G6_(a4d4b(54b(̀ 4Oi>O84bV(fG4a4`454b(c(9`e>Gd4bJ(F(d>bfehb(̀ 46f5>a9Q64bV(59(a9G>9V(59(55>i964b(95()4ONG>b4(c(59(`4Oi>Ga864b(>O(,>cJ

"O(!TRT(b>(>qf8d8_(>5(`_d8N4(b9O8a9G84V(59(WT(d>5(RTV(ke>(>b(eO9(O4G69(ke>9f58`964b(6e`=4(c(a>O>64b(>O(̀ e>Oa9(>O(a4d9(59(f9Ga>(d>(b>NeG8d9d(8OdebaG895c(b95ed(4`ef9`84O95V(a>O>64b(O4G69b(i8>j9b(ke>(̀ e9Od4(=9c(ke>(9f58`9G59b(>O>ba>("ba9d4(64d>GO4(f4Gke>(O4(b97>(`464(9ed8a9G59bJ

"O(>5(9n4(d>(!TRY(̀ 4O(>5(d>`G>a4(!LLV(>5(%Od>G>O9(ge>(G>g4G69d4(c(b>(9d>`e_9(54b(86f>G9a8i4b(d>5(`_d8N4(d>(54b(G>`eGb4b(O9aeG95>bV(>5(`_d8N4(a8>O>(9fG4q8Q69d96>Oa>(LZ(c(>ba>(`_d8N4(>baM(6ec(78>O(>b`G8a4(f>G4(O4(b>(5>(d84(>5(d>b9QGG4554( G>95(ke>(d>7]9( a>O>GV(>Oa4O`>bV(ke>d_(`464(eO(f4>69V(9(f>b9G(d>5a8>6f4(>5(̀ _d8N4(d>(G>`eGb4b(O9aeG95>bV(a4d9i]9(b>(fe>d>(9f58`9GV(a4d9i]9V(aei4eO9(i8b8_O(d>(geaeG4(ke>(=9(f>G68a8d4(ke>(9(f>b9G(d>(a4d4b(>ba4b(i98i>O>bV((b>69Oa8>O>(Oe>baG4(̀ _d8N4(d>(G>`eGb4b(O9aeG95>bJ

"O(!TZW(b>(d8`a9(59(5>c(!WW(d>5(ZZV(ke>(b>(`4O4`>(`464(>5(`_d8N4(f>O95(ke>=9(a>O8d4(`9Oa8d9d(d>(G>g4G69bV(c(eO9(d>(59b(`4b9b(86f4Ga9Oa>b(ke>(a8>O>(>5`_d8N4(f>O95(>b(ke>(b>(>ba975>`8>G4O(eO4b(d>58a4b(>`45_N8`4b(cV((=9`>(f4`4>6f>^_(59(g8b`95]9(9(8Oi>ba8N9G(54b(d>58a4b(>`45_N8`4bV(9Oa>G84G6>Oa>(>b4(O4(>G9f4b875>J

-ei>(59(4f4GaeO8d9d(d>(aG979j9G(>O(59(18G>``8_O(*9`84O95(d>("baef>g9`8>Oa>bV(c>Oa4O`>bV(aei>(59(a9G>9(`46f58`9d9(c(`4OaG4i>Ga8d9V(ke>(>G9(f4O>G(>O(fGM`a8`9eO(f59O(d>(69O>j4(f9G9(59(>GG9d8`9`8_O(d>(`e5a8i4b(85]`8a4b(`4O(N58g4b9a4V(>b9bb4O(f9597G9b(69c4G>bJ($O(d]9(b>(6>(4`eGG8_V((=9`>G(eO(d4`e6>Oa4(d4Od>fG4feb>(f4O>G(d>OaG4(d>(59(8Oi>ba8N9`8_O(f>O95(d>(54b(O9G`4aG9g8`9Oa>bV(f4O>G59(8Oi>ba8N9`8_O(d>5(d9n4(9678>Oa95V(>554b(d>baGec>O(f9G9(b>67G9G(beb(69a9bd>(`4`9V(c(O4(f9b9(O9d9V(O4(54b(8Oi>ba8N9OV(O4(5>b(`47G9O(>5(d9n4(9678>Oa95J

!!S!!S!!S!!S!!S

?>(G>bf4Od8>G4O(ke>(>b4(O4(>G9(f4b875>V(>Oa4O`>b(>5(̀ _d8N4(f>O95(O4(bh(f9G9ke8hO(ge>(>b`G8a4V(`G>4(ke>(b454(eO9(4(d4b(b>Oa>O`89b(=9O(b958d4(54b(H5a864b9n4b(f4G(d>58a4b(>`45_N8`4bJ("Oa4O`>b(55>N9(eO4(9(f>Ob9GV(G>956>Oa>(oa4d9(59`9Oa8d9d(d>(O4G69bV(O4b(b8Gi>O(f9G9(G>b45i>G(59b(b8ae9`84O>b(ke>(b>(fG>b>Oa9Op,9b(O4G69b(>baMO(>b`G8a9b(c(be(`4Oa>O8d4(of>G68a>(G>b45i>G(eO9(b8ae9`8_Op

!Y(9n4b(d>bfehb(d>(>qf>d8d4(>5(̀ _d8N4V(>O()4546789(b>(=9(g4Ga95>`8d4(6e`=4be(O4G69a8i8d9d(9678>Oa95(9(aG9ihb(d>(59(`4Oba8ae`8_O(d>5(T!J(F(g8O956>Oa>V(>5%Od>G>O9(ge>(58ke8d9d4(c(9f9G>`8_(fe>b(>5(?8O8ba>G84(d>(?>d84(0678>Oa>(`4Obeb(LL(4(LX(̀ 4Gf4G9`84O>bV(a4d4(>b4(>baM(G>bf95d9d4(̀ 4O(d>`59G9`84O>bV(9`e>GQd4b(c(`4Oi>O84bV( a4d4( 54(ke>(O4b(fG>b>Oa9O(>O(>5(>qa>G84G(c(O4b4aG4b(b454f4O>64b(59b(g8G69bJ

"O(>ba9(f9Ga>(a>O>64b(ke>(G>`4Gd9G(95N4(ke>(aG9]9(>5(̀ _d8N4(d>(G>`eGb4b(O9aeQG95>bV(a>O]964b(eO(9Ga]`e54(KZ((c(KT((ke>(O4b(=975979O(d>(54b(>baed84b(96Q78>Oa95>b(c(>5(>g>`a4(9678>Oa95V(8Ne956>Oa>(b8(i964b(95(`_d8N4(d>(68O9bV(aG9>eO(9Ga]`e54(ke>(d>`]9(ke>(̀ 4O(>5(8Og4G6>(d>(>qf54G9`8_O(c(fG4NG969(d>(aG979j4>(8Oi>Gb8_O(59(f>Gb4O9(fG>b>Oa979(eO9(d>`59G9`8_O(d>(86f9`a4(9678>Oa95(c(ke>`4O(>b9(d>`59G9`8_O(d>(7e>O9(g>(ke>(=9`]9(59(f>Gb4O9(fe>bV(ke>d979(86f5]`8a4d>OaG4(d>5(a]ae54(68O>G4(ke>(59(f>Gb4O9(a>O]9V((a4d4(9GG>N59d4(c(a4d4(4GN9O8^9Qd4(f9G9(f4d>G(9g>`a9G(54b(G>`eGb4b(O9aeG95>bJ(0g4GaeO9d96>Oa>(fe>b(>ba9(f9GQa>V(ge>(d9d9(d>(79j9V(d>`59G9d9(O4(iM58d9J

)4Oba8ae`8_O(d>5(T!V(fe>b(a8>O>(eO(9Ga]`e54(6ec(8Oa>G>b9Oa>(c(d>(54(ke>(eba>d>b9(d89G84(=9`>O(c(a8>O>O(ke>(>j>G`>GV(>5(̀ 4OaG45(g8b`95(9(59(N>ba8_O(d>(59(0d68O8bQaG9`8_O(&H758`9(c(54b(f9Ga8`e59G>b(4(>Oa8d9d>b(ke>(69O>j>O(g4Od4b(4(78>O>b(d>5"ba9d4(d>(59(*9`8_OV(9(aG9ihb(d>(59(i9G89`8_O(d>(54b(`4ba4b(9678>Oa95>bJ(D9cV9f9G>`>(ke>(>b(eO( aG979j4(6ec( 8Oa>G>b9Oa>(ke>(=9`>O(eba>d>bV(i954G9G( 54b`4ba4b(9678>Oa95>b(d>(59(9g>`a9`8_O(d>(`9d9(eO4(d>(54b(G>`eGb4b(O9aeG95>bV(d>G>956>Oa>(`eM5(=9(b8d4(>5(d9n4(9678>Oa95(c(b8(>b4(b>(`4Oi8>Ga>(>O(eO(f9b8i49678>Oa95(c(d>(keh(69O>G9(b>(fe>d>(d>a>G68O9GJ

)G>4(ke>(54b(8Og4G6>b(ke>(eba>d>b(>5974G9O(b47G>(>5(>ba9d4(d>(54b(G>`eGb4bO9aeG95>bV( a8>O>(ke>(a>O>G(6e`=4(f>b4(c(i954G(f9G9(f4d>G(d>a>G68O9G(keh9g>`a9`8_O(c(keh(`4ba4(7>O>g8`84(a8>O>(>5(G>`eGb4(d>5(9Ne9V(98G>V(f98b9j>J(,9b>qf54a9`84O>b(68O>G9b(b4O(6ec(7e>O9b(=9c(6e`=9(9g>`a9`8_O(9(54b(G>`eGb4bO9aeG95>bJ

"ba4(54(aG98N4(6Mb(f9G9(G>b95a9G(54(86f4Ga9Oa>(d>(be(geO`8_O(ke>(d>7>O(>6f>Q^9G(9(b>Ne8G(6>j4G9Od4V(f9G9(ke>(b>(fe>d9(d>a>G68O9G(G>956>Oa>V(`_64(>b(>5>ba9d4(G>95(d>(Oe>baG4b(G>`eGb4b(O9aeG95>bJ

F(>OaG964b(9(eO(a>69(8Oa>G>b9Oa>V(f9]b(d>(f45]a8`9b(68O>G9b(c(9678>Oa95>bJ,9(9fe>ba9(d>(59(f45]a8`9(68O>G9(>O()4546789(>b(>5(d>b9GG4554(68O>G4V(=4c(>O

!!Y!!Y!!Y!!Y!!Y

d]9(=975964b(d>(59(54`464a4G9(68O>G9J(,>(9f4ba964b(95(d>b9GG4554(68O>G4Vbeba>Oa9d4(>O(59(f9Ga8`8f9`8_O(d>(59(8OdebaG89(fG8i9d9(c(9(eO9(9d>`e9d9(5>N8bQ59`8_OJ("b(d>`8GV(ke>(f9G9(f4d>G(`e6f58G(>ba9(f45]a8`9(geO`84O>V(b>(i9(9d>`e9G9(`e95ke8>G(`4b9V(O4b(>baM(d8`8>Od4(ke>(i9O(9(=9`>G(eO(d>b9GG4554(68O>G4Vf>G4(ke>(i9O(9(>b`G878G(59b(O4G69b(f9G9(ke>(b>9(f4b875>(=9`>G(>b4J

"O(!TZW(b>(`468>O^9(9(G>>baGe`aeG9G(`464(eba>d>b(54(i8>G4O(a4d9(59(f9Ga>68O>G9V(c(>O`4OaG964bV(ke>(59(f9Ga8`8f9`8_O(d>5("ba9d4(>b(6Mb(>O(59(f9Ga>(d>54b(O>N4`84b(68O>G4bV(9(aG9ihb(d>(59( 58ke8d9`8_O(d>(>Oa8d9d>b(4(59(i>Oa9(d>9`a8i4b(68O>G4bJ("b(d>`8GV(ke>(59b(f45]a8`9b(68O>G9b(9GG9b9O(`4O(a4d4J

"OaG>( 59(f45]a8`9(68O>G9(a>O>64bV(ke>(>5(?8O8ba>G84(d>(?8O9b(>b( 59(>Oa8d9dG>`a4G9(c(>O`9GN9d9(d>(g4G6e59G(c(9d4fa9G(59b(f45]a8`9b((&>G4(a9678hOV(a>O>64bke>(5>(ke8a9G4O(95NeO9b(geO`84O>b(ke>(i>O]9(69O>j9Od4(>5(8ON>468O9b(c(9=4G959b( f9b9G4O( 9( 59( 9N>O`89( O9`84O95( ?8O>G9V( c( a>6f4G956>Oa>( =9c( b>8bN47>GO9`84O>b(ke>(a8>O>O(eO9b(geO`84O>b(d>g8O8d9b(>O(>5(69O>j4(68O>G4V(ke>b4O(0Oa84ke89V(;45]i9GV(;4c9`MV()95d9bV()>b9G(c(*4Ga>(d>(+9Oa9Od>GJ

"ba9(>b(59(>baGe`aeG9V(d>5(?8O8ba>G84(d>(?8O9b(`4O(be(9N>O`89(O9`84O95(68O>G9c(59b(N47>GO9`84O>b(d>5>N9d9b(=9ba9(>5(9n4(>OaG9Oa>V(f4Gke>(a4d4(i8>O>(d>(955Mf9G9(9`M(c(`9>(>O(59(9N>O`89(O9`84O95(d>(68O>G]9J(<45i864b(95(`>OaG958b64J"O( 59(f9Ga>(68O>G9(O4( b>(`e6f5>(6ec(78>OV( 55>N964b(9( 59( `4O`5eb8_O(ke>`464(>O(a4d9b(59b(>Oa8d9d>bV(ke>(O4(a8>O>O(f>Gb4O95V(G>`eGb4bV(c(ke>(O4(b>fe>d>O(=9`>G( 59b( `4b9bV( b>( a>G68O9O(=9`8>Od4(d>(>b`G8a4G84( c(O4(=9c(eO9`4Og8G69`8_O(d>(ke>(b8(54(ke>(G>956>Oa>(b>(>baM(b458`8a9Od4(>b(4(O4J(F(9fG479Q64b(59b(`4b9b(aG9Oke8596>Oa>V(O4(=9c(aG979j4(d>(`96f4J

,9(f9Ga>(9678>Oa95(>baM(d>OaG4(d>5(+8ba>69(*9`84O95(0678>Oa95V(59b(`4Gf4G9Q`84O>b(c(>O(`e9Oa4(9(>baMbV(>b(eO(f4`4(`46f58`9d4(>5(a>69(68O>G4J(0(i>`>b`46>a>64b(>5(>GG4GV(c(54(d8N4(`464(9ed8a4G9V(ke>(O4b(i964b(c(O4b(b>bN964bf4G(eO(59d4(c(O4(aG9a964b(d>(`46f5>6>Oa9GO4b(>O(59(f9Ga>(68O>G9(c(59(f9Ga>9678>Oa95V(f9G9(68G9G59(̀ 464(eO(a4d4(c(ke>(O4(O4b(ke>d>O(̀ 4b9b(be>5a9b(f4G(9=]J

->O>64b(>5(`_d8N4(59(,>c(YZS(d>5(KWW!V(ke>((>b(>5(`_d8N4(68O>G4(ke>(c9(ge>64d8g8`9d4(c(ke>(ge>(d>`59G9d4(>q>ke875>(c(b4596>Oa>(=9ba9(>5(9n4(>OaG9Oa>b8Ne>(i8N>Oa>V(>b9(5>c(aG9j4(86f4Ga9Oa>b(̀ 96784b(f9G9(54b(G45>bV(a9Oa4(d>5("ba9Qd4(`464(f9G9(54b(f9Ga8`e59G>b((>O(59(G>958^9`8_O(d>(59(9`a8i8d9d(68O>G9J(A8j_eO9b( G>N59b( `59G9b( f9G9( >5( b>`a4G( fG8i9d4V( ke>(fed8>G9( 8Oi>Ga8G( >O( 59( f9Ga>68O>G9V(fG>`8b9(>5(f9f>5(d>5("ba9d4(>O(>5(b>`a4GV(g8j9(eO9b(geO`84O>b(c(=9759(c9d>(59(f59O>9`8_OV(G>Ne59`8_OV(fG464`8_OV(59(9d68O8baG9`8_OV(59(g8b`958^9`8_O(d>5G>`eGb4(cV(59((8OdebaG89(68O>G9V(>b(d>`8GV(ke>(96f58_(̀ 464(>5(G9d84(d>(59(9``8_Od>(54(ke>(i>O]964b(68G9Od4(d>(54b(9bf>`a4b(68O>G4bJ

"O(>ba9(f9Ga>(>5(f9O4G969(68O>G4(>baM(>O(aG>b(`46f4O>Oa>b(N>O>G95>bV(>5fG86>G4(>ba9(̀ 9G9`a>G8^9d4(f4G(eO9(68O>G]9(g4G695(c(d>(NG9O(>b`959V(>5(fG86>G

!!R!!R!!R!!R!!R

`_d8N4(68O>G4(O4b(=9`89(eO9(b>f9G9`8_O(c(O4b(d>`]9V(ke>(=9c(NG9OV(6>d89O9c(f>ke>n9(68O>G]9V(>O(>b>(`_d8N4(d>b9f9G>`>(c(59(68O>G]9(ke>d9(N>O>G958^9Qd9V(f>G4(9(59(=4G9(d>(59(9`a8i8d9d(eO4(a8>O>(ke>(b97>G(keh(a8f4(d>(68O>G]9(>bJ-9678hO(>baM(59(68O>G]9(9Ga>b9O95V(>5(b>NeOd4V(eO9(9`a8i8d9d(68O>G9(ke>(b>d>b9GG4559(9(>b`959b(6>O4G>b(59(aG9d8`84O95(c(9Ga>b9O95V(c(eO9(a>G`>G9V(ke>(>b`464(59(6Mb(NGe>b9(ke>(a>O>64bV(ke>(>b(59(68O>G]9(85>N95J(D9`>(6Mb(d9n4ke>(`e95ke8>G(4aG4(a8f4(d>(68O>G]9J

"5( "ba9d4( `4546789O4V( d>j_( d>( b>G( eO( 8Oi>Gb84O8ba9(68O>G4( c( b>( i45i8_( eO86fe5b9d4G(d>(59(f45]a8`9(68O>G9V(>b(d>`8G(ke>(95("ba9d4(54(ke>(5>(8Oa>G>b9(>O>ba>(646>Oa4(>b(>5(d>b9GG4554(68O>G4V(c(ke>(i>ON9O(8Oi>Gb84O8ba9bV(f9G9(=9`>G59(>qf54G9`8_O(c(59(>qf54a9`8_O(68O>G9J

(,9(f45]a8`9(68O>G9( `4O( G>59`8_O(95( 4Gd>O968>Oa4( a>GG8a4G895V( 54b(f59O>b(d>4Gd>O968>Oa4(( a>GG8a4G895(d>7>O(a>O>G(eO(`9f]ae54(d4Od>(d>g8O>O(beb(^4O9b68O>G9bJ("O(54b(&J'J-(d>7>(=97>G(eO(69f9(4(d>7>(>ba9G(d>5868a9d4(59b(^4O9b68O>G9bV(f9G9(b97>G( b8( b4O(4(O4(`46f9a875>b(`4O( 59(9`a8i8d9d(ke>(b>(i9(9>j>`ea9GV(c(ke>(O4(i9c9(9(9g>`a9G(G>`eGb4b(O9aeG95>bJ("O(>5(Oe>i4(̀ _d8N4(68O>G4ke>(ke>d_(>O(>OaG>d8`=4((54b(fMG964bV(59b(G>b>Gi9b(g4G>ba95>bV(fe>bV(955M(b>>O`4OaG979O(54b(6>j4G>b(G>`eGb4b(68O>G95>bJ

("5(Oe>i4(`_d8N4(68O>G4V(=9759(d>(eO(a>69(ke>(b>(f59Oa>_(>O(>5(9n4(KWWWV`e9Od4(eO(NGef4(d>(>qf>Ga4b(=8`864b(>5(&59O(d>('Gd>O968>Oa4(->GG8a4G895(d>+49`=9J("Oa4O`>bV(>O(i8ba9(d>(ke>(+49`=9(>baM(`464(9g>`a9d9(`4O(eO9(NG9O`9Oa8d9d(d>(69a>G895>b(d>(`4ObaGe``8_OV(9G`8559b(d>(6ec(7e>O9(`958d9dV(>Oa4OQ`>b(f59Oa>964b(ke>(54(6Mb(86f4Ga9Oa>V(>G9(ke>(b>(69O>j9G9(a4d4(>5(b>`a4G68O>G4(9(aG9ihb(d>(eO(d8baG8a4(68O>G4V(>O(>5(`e95V(d>(>b9(69O>G9(b>(f4d]969O>j9G(59(>qf54G9`8_OV(59(>qf54a9`8_O(c(a4d4b(54b(9bf>`a4b(9678>Oa95>bV(eO8Qg8`9d4b(ke>(O4(ge>G9O(d8bf>Gb4b(d>j9Od4(9g>`a9`84O>bV(b8O4(ke>(>OaG>(a4d4b(54b68O>G4b(d>5(MG>9V(b>(fed8>G9(`4ObaGe8G(>b>(d8baG8a4(68O>G4(c(b>(69O>j9G9(549678>Oa95(̀ 4OjeOa96>Oa>V(f9G9(ke>(b>(i8>G9(G>956>Oa>(ke>(54b(f4`4b(G>`eGb4bke>(>ba979O(8Oi8Ga8>Od4(>O(59(f9Ga>(9678>Oa95(b>(i8>G9O(G>g5>j9d4bJ(&e>bV(a4d4b54b(d8O>G4b(ke>(b>(8Oi8>Ga>O(f9G9(f4d>G(6>j4G9G(54(9678>Oa95V(b4O(>b`9b4bJ(F54b(fG475>69b(9678>Oa95>b(b4O(d>(59GN4(f59^4V(>Oa4O`>bV(b](a4d4b(54b(d]9b(5>bf4O>64b(eO(f>b4V(95(4aG4(d]9(O>`>b8a9G>64b(6MbJ

"5(18baG8a4(?8O>G4(d>(+49`=9(=9ba9(=9`>(̀ 464(L(9n4b(>6f>^_(9(a469G(g4G69Vc(G>956>Oa>(`G>4(ke>(b>GM(eO9(7e>O9(>qf>G8>O`89(f9G9(>5(6eO8`8f84(>5(69O>j4d>(54b(69a>G895>b(d>(`4ObaGe``8_OJ("b`G87](f9G9(>5(10?0(>O(>b9(hf4`9(eO9G>N596>Oa9`8_O(f9G9(54b(f9Gke>b(8OdebaG895>b(68O>G4b(ke>(ke>d9G4O(d>a>G68QO9d4b(>O(>5(4Gd>O968>Oa4(a>GG8a4G895(d>(;4N4aMJ("b4(b>(=9(i>O8d4(aG979j9Od4V7eb`9Od4(59(g4G69(d>(ke>(b>(i9c9(4GN9O8^9Od4(59(f9Ga>(68O>G9(c(ke>(i9c9`464(6ec(969GG9d9(`4O(59(f9Ga>(9678>Oa95J

!!Z!!Z!!Z!!Z!!Z

"O((>5(N478>GO4(9`ae95(c(>O(>5(&59O(d>(1>b9GG4554V(>5(b>`a4G(?8O>G4("O>GNha8`4>b(d>O468O9d4(59(54`464a4G9(f9G9(>5(d>b9GG4554(c(>5(`G>`868>Oa4(>`4O_68`4J"b(d>`8GV((ke>(9=](O4b(d9O(a4d9b(59b(>baG9a>N89b(>(8ObaGe6>Oa4b(f9G9(ke>(b>fe>d9O(55>N9G(9(`974((a4d9(59(>qf54G9`8_O(c(>qf54a9`8_O(68O>G9J(&4G(54(a9Oa4V59(f9Ga>(68O>G9(b>(=9(8d4(`4Ob458d9Od4(>O(eO4b(47j>a8i4b(6ec(`59G4bU(9e6>OQa9G( 59( fG4de`a8i8d9d( 68O>G9( c( =9`>G54( `4O( >g8`9`89V( `44Gd8O9`8_O( c`46f5>6>Oa9G8>d9d(d>(59(N>ba8_O(>ba9a95V(>b(d>`8GV(ke>(O4b(969GG9O(59(68O>QG]9J(0e6>Oa9G(59(fG4de``8_O(f>G4(=9`>G54(78>OJ

?8O>G]9(c(6>d84(9678>Oa>U"5(a>69(d>(68O>G]9(c(6>d84(9678>Oa>(i9(9(>ba9G(6ec(969GG9d4(9(59(f9Ga>(d>59b(58`>O`89b(9678>Oa95>bV(>ba4(=9(8d4(`96789Od4V(b>(=9O(d8`a9d4(i9G89b(O4GQ69b(c(a>O>64b(f45]a8`9b((9678>Oa95>bJ("O(`9d9(f59O(d>(d>b9GG4554(b>(>ba975>Q`8>G4O(f45]a8`9b(9678>Oa95>bl(>Oa4O`>b(>O(>5(&59O(d>(1>b9GG4554(d>5(TW(95(TXVfe>bV(b>(̀ G>_(>5(?8O8ba>G84(d>5(?>d84(0678>Oa>(c(b>(7eb`9G4O(95NeO4b(G>`eGb4bVf4Gke>(=97]9(ke>(g4Ga95>`>G(59(N>ba8_O(9678>Oa95J

"O(>b>(f59O(d>(d>b9GG4554V(ke>(b>(5596_(=9`89(eO(d>b9GG4554(=e69O4(b4ba>O8Q75>V(b>(f59Oa>9G4O(S(47j>a8i4b(7Mb8`4b(ke>(>G9OU(eO9(`e5aeG9(d>(d>b9GG4554V6>j4G9G(59(`958d9d(d>(i8d9V(fG464i>G(eO9(fG4de``8_O(586f89(c(d>b9GG4559G(eO9N>ba8_O(9678>Oa95((b4ba>O875>J("O(a4d4b(54b(f59O>b(d>(d>b9GG4554(O4b(=9O(̀ 454Q`9d4(59b(f45]a8`9b(9678>Oa95>bV(f>G4(>b9b(f45]a8`9b(9678>Oa95>b(i9O(6ec(6>Qa8d9b(9(59(`4Ob>Gi9`8_O(c(9(59(fG>b>Gi9`8_O(c(=9(fG>i>O8G(59(`4Oa968O9`8_OJ

+>( g4G6e59G4O(eO4b(fG4NG969b(ke>( 879O(9(6>j4G9G(>5(9Ne9V(c( a4d9i]9(=9c95NeO9b( f4759`84O>b( ke>( O4( a8>O>O( 9Ne9( f4a975>V( b>( f59a>9G4O( 9``84O>b8ObaGe6>Oa95>b(d4Od>(>5(fG4NG969(NGe>b4(>G9(59(>de`9`8_O(c(`4O`8>Oa8^9`8_O9678>Oa95J("O(>5(f59O(d>5(d>b9GG4554(d>5(!TTZ(95(KWWKV(>b(>5(fG4c>`a4(̀ 45>`a8i49678>Oa95(f9G9(`4ObaGe8G(59(f9^V(c(d>g8O>(>5(9Ne9(`464(>5(a>69(fG84G8a9G84(cke>(>b(>5(>j>(9Ga8`e59d4G(d>( 59(f45]a8`9V(i>64b(ke>(>O( a4d4b( 54b(f59O>b(d>d>b9GG4554(54(6Mb(86f4Ga9Oa>((>bV(>5(9Ne9V(54(f4O>O(`464(>5(>j>(fG864Gd895(d>a4d4J(+>(b>n959G4O(b8>a>(fG4c>`a4b(fG84G8a9G84bV(b>(d8`>(ke>(d>7>(`4Oa8Oe9G(59f45]a8`9(d>(54b(9n4b(9Oa>G84G>b(c(i>64b(ke>(eO(f59O(d>(d>b9GG4554(>b(d>(̀ e9aG49n4b(c(9(54b(X(9n4b(55>N9(4aG4(f>Gb4O9j>(c(b9`9(>5(f59O(d>(d>b9GG4554(oc(59bf45]a8`9b(9678>Oa95>b(>O(keh(ke>d9G4Op("O(>5(98G>J

->O>64bU(=9`89(eO("ba9d4(`46eO8a9G84(ke>(ge>(d>5(KWWK(95(KWWYV(d4Od>(b>d>g8O8_(59(>baG9a>N89(d>(59(b4ba>O87858d9d(9678>Oa95(`4O(S(fG4NG969b(7Mb8`4bVke>(>ba979O(>Og4`9d4b(9(59(`4Ob>Gi9`8_O(c(>5(eb4(b4ba>O875>(d>(54b(78>O>b(cb>Gi8`84b(9678>Oa95>bV(d>5(69O>j4(8Oa>NG95(d>5(9Ne9V(d>5(>6f5>4(i>Gd>V(d>(59b4ba>O87858d9d(9678>Oa95(d>(59(fG4de``8_OJ

"O( 59( b>NeOd9( 9d68O8baG9`8_O( d>5( KWWY( 95( KW!W( `4Oa8Oe9G4O( 59b( 68b69bf45]a8`9b(9678>Oa95>b(o`_64(59b(i964b(9(>i95e9Gp(()4O(59(`9Oa8d9d(d>(f45]a8Q

!!T!!T!!T!!T!!T

`9b(9678>Oa95>b(ke>(=9c(d>OaG4(d>(eO(b454(f59O(d>(d>b9GG4554J(("ba9(f45]a8`9>baM(>Og4`9d9(9(ke>(d>7>64b(4fa868^9G(54b(G>`eGb4bV(b>G(aG9Obf9G>Oa>b(>O(>5eb4(d>(54b(G>`eGb4bV(`e8d9G(>5(9Ne9V(a>O>G(eO9(i8b8_O(>`4(b8bah68`9V(=9`>G(59`4Ob>Gi9`8_O(c(=9`>G(>ke8d9d(`4O(54b(G>`eGb4b(O9aeG95>bJ("b(d>`8GV(O4b(d9Oa9Oa9b(`4b9b(ke>(95(646>Oa4(d>(>i95e9G(a4`9(b>G(6ec(68Oe`84b4(c(b8(O4b(a4`99ed8a9G(d>7>64b(`4N>G(`9d9(eO4(d>(54b(]a>6b(ke>(>ba975>`8>G4O(d>(f45]a8`9(9i>G(b8(59(f45]a8`9(b>(`e6f58_V(b8(59(f45]a8`9(aei4(eO(i954G(fH758`4(4(55>N_(9(59f4759`8_O(ke>(59(O>`>b8a979J

+8>6fG>(=>64b(d8`=4(ke>()4546789(>b(>5(f9]b(`4O(69c4G(d8i>Gb8d9dV(ke>a8>O>(54b(6>j4G>b(>`4b8ba>69bV(f>G4(b97>64b(ke>(>5(XW(f4G(̀ 8>Oa4(d>5(a>GG8a4G84`4546789O4(>baM(c9(`4O`>b84O9d4(f9G9(>qf54a9`84O>b(68O>G9bV(=9c(6Mb(d>(R685( b458`8aed>b(f9G9(4a4GN9G( a]ae54b(68O>G4b(f9G9( 59( >qf54a9`8_OV( 54b( `e95>b>baMO(>O(>ba>(646>Oa4(`464(f9Gke>9d4bV(f4Gke>(=9(=978d4(6e`=4(64i8Q68>Oa4(f9G9(i>G(b8(G>956>Oa>(b>(fe>d>O(d9G(4(O4(>O(59b(^4O9b(d4Od>(b>(>baMOb458`8a9Od4J

"5(47j>a8i4V(ke>(a8>O>(>5(N478>GO4(b47G>(>5(b>`a4G(68O>G4V(=9(f>G68a8d4(i9G84b`96784b( O4G69a8i4bV( c( d>`59G_( 59( 68O>G]9( `464( eO9( 9`a8i8d9d( d>( ea858d9dfH758`9(c(d>(8Oa>Ghb(b4`895J(,4(ke>(f>G68a>(59(>qfG4f89`8_O(eO859a>G95(d>(>ba4b78>O>bJ("b(`464(b8(>baei8>G9(d>`59G9d9(59(Ne>GG9(f9G9(59(68O>G]9((85>N95(cV(b>`4O`>d8>G4O(95NeO4b(a]ae54b(68O>G4b(>O(^4O9b(d>(fMG964bV(>O(^4O9b(d>(G>b>GQi9b(g4G>ba95>bV(>O(G>bNe9Gd4b(8Od]N>O9b(ke>(G>956>Oa>(a8>O>O(ke>(`e6f58G(`4OeO9(5>N8b59`8_O(c(f4O>G(>O(fGM`a8`9V(a4d9(59(O4G69a8i8d9d(ke>(a>O>64bJ

->O>64b(eO(&59O(*9`84O95(?8O>G4V(ke>(i9(`4O(eO9(i8b8_O(95(9n4(KW!TV(>bd4Od>(>5("ba9d4(`4546789O4(f59Oa>_V(`_64(i9(9(b>G( 59(f59O>9`8_O(f9G9(>5d>b9GG4554(68O>G4(c(5e>N4(54(>Og4`9(>O(aG>b(NG9Od>b(8d>9bU(g9`858a9G(59(9`a8i8d9d68O>G9V(fG464i>G(>5(d>b9GG4554(b4ba>O875>(>O(59(68O>G]9V((>ba4(b>((=9`>(8Oa>OQa9Od4(9Ga8`e59G(54(68O>G4(`4O(54(9678>Oa95(c(O4(d>j9G(ke>(i9c9O(b>f9G9d4bJA8b`958^9G(>5(9fG4i>`=968>Oa4(68O>G4(d>bd>(59(hf4`9(d>(59(`454O89(9(59(g>`=9=9c(G>N95]9bV(c(>O(>ba>(646>Oa4(=9c(ke>(68G9G(b8(59b(>qf54a9`84O>b(68O>G9b>baMO(G>f4Ga9Od4V(b](59(`9Oa8d9d(d>(68O>G95(ke>(b>(>qaG9>(>b(>5(ke>(b>(>baMG>f4Ga9Od4(f9G9(f4d>G(N>O>G9G(c(58ke8d9G(59b(G>N95]9bJ

"b9( >b( 59( =8ba4G89( d>( 59b(!!X(68554O>b( d>(=>`aMG>9bV(6Mb( d>(ZJX(68554O>b`4O`>b84O9d9b(f9G9(59(>qf54G9`8_O(68O>G9(c(6Mb(d>(LR(68554O>b(`4O(a]ae54bf9G9(59(>qf54G9`8_O(d>(=8dG4`9G7eG4bV(9`ae956>Oa>V(>O(>5(G>N8baG4(68O>G4(=9c!R!R(>6fG>b9b(ke>(a8>O>O(a]ae54b(i8N>Oa>b(d>(`4O`>b84O>b(f9G9(>qf54G9G(c>qf54a9G(68O9bV(c(=9c(eO9b(RKWW(a]ae54b(>O(69O4b(d>(f9Ga8`e59G>bJ

D9ba9( >5(KWWK( 59b(f45]a8`9b( ge>G4O( `4Ob>Gi9d4G9bV( d979( a>64G(=9`>G( 95N4Vd>bfehb(d>(>ba>(9n4V(b>(ke8a_(59(f>O9(c(b>(`46>O^_(9(aG9>G(8Oi>Gb84O8ba9bV9d>6Mb(d>(ke>(59(f9Ga>(9678>Oa95(c(d>(b>NeG8d9d(8OdebaG895(b>(fed8>G4O(eO8g8Q

!KW!KW!KW!KW!KW

`9GJ(D9c(6e`=9(5>N8b59`8_O(c(6e`=9b(`4b9b(f4G(=9`>GJ(&9G9(f4d>G(d>`8G(ke>>ba964b(̀ 4Ob458d9Od4(Oe>baG4(fG4`>b4(68O>G4Q9678>Oa95J

"O(59(f9Ga>(d>(54b(aG>b(fG4de`a4b(6Mb(NGe>b4b(ke>(a>O>64b(>O(59(f9Ga>(68O>G9Vb4OU(>5(4G4V((>5(f>aG_5>4(c(>5(̀ 9G7_OV(>b(54(ke>(54b(4aG4b(a9678hO(>qf54a9OV(f>G4>ba4b(b4O(54b(6Mb(86f4Ga9Oa>bJ(&4G(>j>6f54V(>5(̀ 9G7_O(ke>(a>O>64b(>b(d>(6ec7e>O9(`958d9d(c(f4G(54(a9Oa4(>b(6ec(9f>a>`8d4J

,9(68O>G]9(aG9>(G>`eGb4b(f9G9(54b(ke>(>baMO(>qf54a9Od4V(f>G4(59b(̀ 46eO8d9d>bke>(i8i>O(95G>d>d4G(d>(59(68O>G]9V(5>b(aG9>(f47G>^9(c(`4Oa968O9`8_OJ

+97>64b(ke>(54b(86f9`a4b(9678>Oa95>b(>O()4546789(b4O(6ec(̀ G]a8`4bV(c(fG8OQ`8f956>Oa>(>baMO(>O69G`9d4b(>O(59(68O>G]9(85>N95V(59(8O>g8`8>O`89(d>(54b(4GN9QO8b64b(9678>Oa95>b(c(59(g95a9(d>(̀ 4O`8>O`89(d>(59b(NG9Od>b(68O>G]9b(gG>Oa>(9(59>q`>5>O`89(9678>Oa95J(&9G9(=9`>G(>5(`4OaG45(g8b`95(=9c(ke>(a>O>G54(>O(`e>Oa9Vo`_64(>b(>5(`46f4Ga968>Oa4(c(`_64(>b(59(G>bfe>ba9(ke>(d9(eO9(9ea4G8d9d9678>Oa95p((F(o`eM5(>b(>5(`46f4Ga968>Oa4(c(59(G>bfe>ba9(ke>(5>(d9(>5(NG9O>6fG>b9G84(ke>(>baM(=9`8>Od4(59(>qf54a9`8_Op

<964b(9(=9759G(d>(54b(`96784b(ke>(=9O(a>O8d4(59b(58`>O`89b(9678>Oa95>bJ)e9Od4(i964b(9(=9759G(d>(eO9(9ed8a4G]9(8Oa>NG95V(>O(59(`e95(i964b(9(68G9Ga4d4(>5( a>69(9678>Oa95(c(>5( a>69(d>(b>NeG8d9d( 8OdebaG895V(f4d>64b(d>g8O8GeO4b(̀ G8a>G84bV(>b4b(̀ G8a>G84b(b4O(a4d9(59(O4G69a8i8d9d(ke>(a>O>64b(>ba975>`8d9f9G9(54b(G>`eGb4b(O9aeG95>bV(f9G9(b>NeG8d9d(8OdebaG895V(f4G(a9Oa4V(O4(b>(O4bd>7>(45i8d9G(9(59(=4G9(d>(G>958^9G(59(9ed8a4G]9(59(58`>O`89(9678>Oa95J(&4Gke>(5958`>O`89(9678>Oa95(ke>(ge>(>ba975>`8d9(deG9Oa>(59(5>c(TT(d>5(TLV(>b(>5(8ObaGeQ6>Oa4(d>(f59O8g8`9`8_O(ke>(a>O>64b(f9G9(59(>j>`e`8_O(d>(eO(fG4c>`a4(ke>(b>i9c9(9(>j>`ea9GJ

$O9(d>(59b(̀ 4b9b(d8g>G>Oa>b(d>OaG4(d>5(4Gd>O968>Oa4(jeG]d8`4V(ge>(ke>(d>OaG4(d>59(5>c(TT(d>(!TTL(8O`5ec>G4O(eO(`9f]ae54(>O(>5(`e95(5>(d8>G4O(>5(O467G>(d>58`>O`89b(9678>Oa95>bV(c(54(ke>(b>(>ba979(>ba975>`8>Od4(>G9(59(>baGe`aeG9(c(594GN9O8^9`8_O(d>5(b>`a4G(9678>Oa95J

"Oa4O`>b(a>O>64b(ke>(>O(>5(9Ga]`e54(XTV(O4b(d8`>(ke>(>b(4758N9a4G84(a>O>G(eO958`>O`89(9678>Oa95(f9G9(`e95ke8>G(47G9V(9`a8i8d9d(4(fG4c>`a4(ke>(i9c964b(9>j>`ea9GJ(o#eh(G>`eGb4(i964b(9(9g>`a9G(4(9(d>a>G84G9Gp

->O8>Od4(>O(`e>Oa9(ke>(54b(G>`eGb4b(O9aeG95>b(b4O(>5(9Ne9V(>5(98G>V(59(g54G9V(59g9eO9V(>5(f98b9j>J(->O>64b(i9G84b(G>`eGb4b(O9aeG95>b(ke>(>O(̀ e95ke8>G(646>OQa4(f4d>64b(64d8g8`9G(4(9g>`a9G(>O(59(9`a8i8d9d(ke>(i9c964b(9(>j>`ea9GJ

,9( 58`>O`89(9678>Oa95(>b( 59(9ea4G8^9`8_O(ke>(4a4GN9( 59(9ea4G8d9d(9678>Oa95V>ba4(b>(d9(9(aG9ihb(d>(eO(9`a4(9d68O8baG9a8i4(d4Od>(>qf8d>(59(58`>O`89(9678>OQ

!K!!K!!K!!K!!K!

a95J(%Ne956>Oa>V(f9G9(f4d>G(4a4GN9G(eO9(58`>O`89(9678>Oa95V(a95(`464(ke>d_>ba975>`8d4(>O(59(5>c(TT(d>5(TLV(>G9(f9G9(`e95ke8>G(fG4c>`a4(ke>(b>(>j>`ea9G9V8Ne956>Oa>(=97]9(ke>(fG>b>Oa9G(>5(>baed84(d>( 86f9`a4(9678>Oa95V(d4Od>(b>=9`>(a4d4(>5(d89NO_ba8`4(d>(̀ _64(b>(i9(9(9g>`a9G(̀ 4O(59(>j>`e`8_O(d>5(fG4c>`a454b(G>`eGb4bJ(+>(i954G9O(a4d4b(54b(86f9`a4b(ke>(fe>d>O(b>G(f4b8a8i4b(4(O>N9a8Qi4b( c( b>(fG>b>Oa9(eO(f59O(d>(69O>j4b(9678>Oa95( ke>(d8`>( `_64(i964b(9fG>i>O8G(c(b8(9g>`a964b(`_64(i964b(9(6>j4G9GJ

,9(5>c(d>g8O>(59b(`46f>a>O`89b(f9G9(59b(58`>O`89b(9678>Oa95>b(c(d8`>(ke>(59bfe>d>(4a4GN9G(>5(?8O8ba>G84(d>(?>d84(0678>Oa>V(̀ 464(59b()4Gf4G9`84O>b(0eQa_O469b(G>N84O95>b(d>(95NeO4b(6eO8`8f84b(4(d8baG8a4bJ("b(d>`8GV(59(68b69(5>cd8`>(ke>(54b(d8baG8a4b(4(6eO8`8f84b(ke>(a>ON9O(6Mb(d>(eO(6855_O(d>(=978a9Oa>bfe>d>O(a>O>G(eO(d>f9Ga96>Oa4(9d68O8baG9a8i4(d>(9678>Oa>V(`4O(59b(68b69bgeO`84O>b(9ea_O469b(G>N84O95>bJ

"5(9Ga]`e54(SLV(g4G6e59(59(g9`e5a9d(ke>(a8>O>O(59b()4Gf4G9`84O>b(0ea_O469b.>N84O95>b( c(d8`>(ke>(>5( N478>GO4(O9`84O95V( 59b( G>N596>Oa9GM( c(d8GM(9(kehfG4c>`a4b(b>(5>b(fe>d>(4a4GN9G(59(58`>O`89(9678>Oa95V(c(>5(68O8ba>G84(a8>O>(59`46f>a>O`89(f9G9(59(>j>`e`8_O(d>(a4d4b(54b(fG4c>`a4b(d>(68O>G]9J("5(fG86>Gd>`G>a4(ke>(b>(d8`a_(d>bfehb(d>(59(5>c(TT(d>5(TL(ge>(>5(d>`G>a4(!RTL(d>5(TXV(>O>b>(d>`G>a4V(fe>b(a4d4(>5(6eOd4(ke>(`45974G_(>O(>b`G878G(>5(d>`G>a4(b>(b8Oa8_8d>Oa8g8`9d4(c(`4O(8Oa>Ghb(c(fG4f8>d9d(d>(ke>(>5(8ObaGe6>Oa4(d>(f59O8g8`9`8_O>G9(a9O(7e>O4(c(a9O(O>`>b9G84(ke>(>b`G878>G4O(6ec(78>O(̀ _64(b>(d>7]9(9f58`9Gc(`_64(b>(d>7]9O(4a4GN9G(59b(58`>O`89b(9678>Oa95>bJ

-9678hO(b>(d>g8O>(>5(`4O`>fa4(d>(58`>O`89(9678>Oa95(eO(f4`4(6Mb(59GN4(c(`4O6Mb(`4b9bV(g8O956>Oa>V(d8`>(ke>(>5(g8O(G>95(d>(4a4GN9G(eO9(58`>O`89(9678>Oa95f9G9(f4d>G(9ed8a9G(b>(d>7>(a>O>G(>O(̀ 59G4(ke>(be(geO`8_O(>bV(̀ e6f58G(59(fG>i>OQ`8_OV(68a8N9GV(`4GG>N8GV(`46f>Ob9G(c(69O>j9G(54b(fG4c>`a4b(9678>Oa95>b(d>(5947G9(9(G>958^9GJ(,9(58`>O`89(9678>Oa95(O4b(d9(a4d9b(59b(=>GG968>Oa9b(ke>(O>`>Qb8a964b(f9G9(f4d>G(9ed8a9G(c(d>7>(b>G(`G8a>G84(d>(9ed8a4G]9J

"O(>5(d>`G>a4(!RSL(d>5(TX(>5(`e95(ge>(64d8g8`9d4(c(9d8`84O9d4(f4G(59(G>b45eQ`8_O(YSS(d>5(TYV(O4b(d8`>(ke>(=9c(aG>b(̀ 59b>b(d>(58`>O`89(9678>Oa95U(4Gd8O9G89VHO8`9(c(N54795J(0=4G9(i964b(9(i>G(ke>(a4d4(>b4(=9(i>O8d4(̀ 96789Od4(>O(̀ 9d9eO4(d>(54b(d>`G>a4b(ke>(=9O(b958d4(G>59`84O9d4b(̀ 4O(59b(58`>O`89b(9678>Oa95>bV8Ne956>Oa>(d>g8O>(>5(d>`G>a4V(59(̀ 46f>a>O`89(ke>(a8>O>(>5(?8O8ba>G84(d>5(?>d840678>Oa>(c(59(̀ 46f>a>O`89(ke>(a8>O>O(59b(̀ 4Gf4G9`84O>bV(ke>(>O(>ba>(d>`G>a4=9759O(̀ 4O(fG>`8b8_O(d>(59(>j>`e`8_O(d>(fG4c>`a4b(d>(NG9O(68O>G]9V(>Oa>Od8hOQd454b(`464(59(>qf54G9`8_OV(64Oa9j>V(fG4de``8_OV(7>O>g8`84V(9569`>O968>Oa4V9`4f84V(aG9Obf4Ga>V(aG9Obg4G69`8_O(c(fG4`>b968>Oa4(d>(68O>G95>b(d>(`4Og4GQ68d9d(`4O(59b(d>g8O8`84O>b(c(59(d>`59G9`8_O(d>(NG9O(68O>G]9(`4Oa>O8d9b(>O(>5`_d8N4(d>(68O9bJ("b(d>`8GV(ke>(59(`46f>a>O`89(ke>(>O(>b>(646>Oa4(a>O]9(>5?8O8ba>G84(d>(?>d84(0678>Oa>(`478j979(a4d9b(59b(9`a8i8d9d>b(ke>(a8>O>O(ke>i>G(`4O(59(68O>G]9J

!KK!KK!KK!KK!KK

"b(d>`8GV(`e9Od4(>5974G964b(eO(>baed84(d>(86f9`a4(9678>Oa95(a>O>64b(ke>b>G(6ec(feOa95>b(>O(68G9G(a4d9b(59b(9`a8i8d9d>b(ke>(i964b(9(>j>`ea9G(c(`46459b(i964b(9(=9`>GV(>Oa4O`>b(d>7>64b(d>`8G(ke>(59(>qf54G9`8_O(b>(=9GM(b]b68`94(b>(i9O(9(ea858^9G(a959dG4bV(>Oa4O`>b(54b(86f9`a4b(ke>(fe>d>(N>O>G9G(>5(64OQa9j>(d>(54b(a959dG4bV(59(f>Gg4G9`8_OV(b4O(d8g>G>Oa>b(9(`e9Od4(b>(=9`>O(`4O(eO9G>aG4>q`9i9d4G9((d>74(b>G(6ec(feOae95(c(d>`8G(keh(>ke8f4b(b>(i9O(9(ea858^9G(c9b](b97>G(keh(9g>`a9`8_O(=97GMJ(%Ne956>Oa>(b>(d>7>(b>G(6ec(b8O`>G4(`4O(599ea4G8d9d(9678>Oa95(c(̀ 4Oa9G5>(d>(keh(>b(54(ke>(b>(aG9a9(>5(fG4c>`a4(c(̀ _64(b>i9(9(69O>j9GJ

&9G9(59(9`a8i8d9d(>qf54G9a4G89(d>(59(8OdebaG89(68O>G9V(>5(>baed84(d>5(86f9`a49678>Oa95(d>7>(̀ 4GG>bf4Od>G(>O(be(̀ 4Oa>O8d4(c(fG4geOd8d9d(9(59(d86>Ob8_O(d>59(9`a8i8d9d(68O>G9(ke>(b>(fG>b>Oa>(59(9ea4G8d9d(9678>Oa95(b8>6fG>(d8`a9(eO4bahG68O4b(d>(G>g>G>O`89(feOae95>b(f9G9(`9d9(9`a8i8d9d(c(d8`>(d>(keh(69O>G9ke8>G>(ke>(b>(fG>b>Oa>(>5(>baed84V(keh(>b(54(ke>(b>(d>7>(̀ e7G8G(c(̀ _64(b>(d>7>Oi954G9G(54b(86f9`a4bJ

"O(a4d4b(54b(d>`G>a4b(ke>(=9O(b958d4(d>(58`>O`89b(9678>Oa95>b(=9c(eO(9Ga]`e546ec(8Oa>G>b9Oa>V(>b(>5(ke>(=9(d9d4(a4d9b(59b(8Oa>GfG>a9`84O>b(cV(=9(N>O>G9d4`464(59(̀ 4Ogeb8_O(d>(59(86f4Ga9O`89(d>(59(58`>O`89(9678>Oa95V(>Oa4O`>b(9(a4d45>(`454`9O(GhN86>O(d>(aG9Ob8`8_OJ(05(5>>G(>ba>(9Ga]`e54(LZ(d>5(d>`G>a4(!RSL(b>fe>d>O(d9G(i9G89b( 8Oa>GfG>a9`84O>bJ(18`>(ke>( a4d4b( 54b(fG4c>`a4bV(47G9b(49`a8i8d9d>b(ke>(`4Og4G6>(9(59b(O4G69b(i8N>Oa>b(9Oa>b(d>(59(>qf>d8`8_O(d>5fG>b>Oa>(d>`G>a4(47aei8>G4O(54b(f>G68b4bV(̀ 4O`>b84O>bV(58`>O`89b(c(9ea4G8^9`84QO>b(d>(`9GM`a>G(9678>Oa95(ke>(b>(G>ke8>G>O(f4dGMO(`4Oa8Oe9GJ

&>G4(59(9ea4G8d9d(9678>Oa95(`46f>a>Oa>V(f4dGM(>q8N8G5>(6>d89Oa>(fG4i8d>O`8964a8i9d9(59(fG>b>Oa9`8_O(d>(f59O>b(d>(69O>j4V(G>`ef>G9`8_O(4(G>ba9eG9`8_O9678>Oa95J(0b](i8O8>G9O(̀ 4O(59(9Oa>G84G(d>`59G9`8_O(d>(>g>`a4(9678>Oa95(ke>(5>bd979(>5(%Od>G>O9(9(aG9ihb(d>5(9`a4(9d68O8baG9a8i4V(eba>d>b(fe>d>O(b>Ne8G(`4O>b>(d4`e6>Oa4V(b8O(fG475>69bJ(&>G4(59(9ea4G8d9d(9678>Oa95(>O(`e95ke8>G(64Q6>Oa4(5>b(f4d]9(f>d8G(ke>(fG>b>Oa9G9O(eO(f59O(d>(69O>j4(d>(9`e>Gd4(9(599`a8i8d9d(ke>(b>(>baei8>G9(d>b9GG4559Od4(c(ke>(fed8>G9(>ba9G(9g>`a9Od4(95NHOG>`eGb4(O9aeG95J

*4(G>ke>G8GMO(58`>O`89(9678>Oa95(9ke>554b(fG4c>`a4b(d>(`46f>a>O`89V(59b(`4GQf4G9`84O>b(ke>(8O8`89G4O(9`a8i8d9d>b(9Oa>b(d>(59(>qf>d8`8_O(d>5(d>`G>a4J("ba4N>O>G_(fG475>69b(f4Gke>(>b(eO(>OG>d4V(O4(G>be5a9(̀ 59G4J

,9b(>6fG>b9b(8Oa>GfG>a9G4O(>5(d>`G>a4(9(be(g9i4GV(c(f>Ob9G4O(ke>(f4d]9O(b>Ne8GaG979j9Od4V(ke>(O4(a>O]9O(O8ONHO(fG475>69V(f4Gke>(9Oa>G84G6>Oa>(a>O]9O(5958`>O`89(9678>Oa95J(F(59b(`4Gf4G9`84O>b(b>(i45i8>G4O(`_64d9b(f4Gke>(O4(=8Q`8>G4O( ( eO( >baed84( f9G9( b97>G( b]( 59( 58`>O`89( 9678>Oa95( ke>( aG9]9O( d>( 9aGMb>ba979(9`4Gd>(̀ 4O(59(9`a8i8d9d(ke>(>ba979O(d>b9GG4559Od4V(59b(̀ 4Od8`84O>b(d>5f9]b(c(d>5(b8a84(d4Od>(b>(>ba979(>qf54a9Od4J

!KL!KL!KL!KL!KL

"5(fG475>69(ke>(a8>O>O(59b(̀ 4Gf4G9`84O>bV(O4(=9c(eO8d9d(d>(̀ G8a>G84V(̀ 9d9(eO98Oa>GfG>a9( 54(ke>(ke8>G9(c( 54(=9`>J("Oa4O`>bV(`e9Od4(b>(i9(9(9ed8a9G(b>( 5>fG>NeOa9(9(59(>6fG>b9(b8(a8>O>(f>G68b4(c(G>bf4Od>O(ke>(5>(=9O(fG>NeOa9d4(959(9ea4G8d9d(9678>Oa95(c(ke>(O4(b>(O>`>b8a9J

D4c(>O(d]9((ke>(>q8ba>(>5(Oe>i4(d>`G>a4(d>(i>Ga868>Oa4b(LTLW(d>5(KW!WV(>b6ec(d8g]`85(d>(>Oa>Od>G(f4Gke>((O4(b454(b>(47b>Gi9O(54b(i>Ga868>Oa4b(`464`4Oa968O9`8_O(9(59b(9Ne9b(b8O4(ke>(i9O(G>59`84O9d4b(`4O(59(`4Oa968O9`8_O>O(>5(be>54(c(f9G9(8G(6Mb(955MV(i9O(G>59`84O9d4b(`4O(59(`4Oa968O9`8_O(9(54b9`e]g>G4bJ

0Oa>b(b4596>Oa>(68GM7964b(>5(9Ne9V(9=4G9(59(68b69(O4G69(O4b(f4O>(ke>a>O>64b(ke>(a>O>G(>O(̀ e>Oa9(be>54b(c(9`e]g>G4bJ("b(5_N8`4V(f4Gke>(=9c(95NeO9b9`a8i8d9d>b(ke>(G>958^964bV(f4G(>j>6f54(`e9Od4(`454`964b(eO(a959dG4(c( 5>>ba964b(>`=9Od4((54b(fG4de`a4b(ke]68`4b(f9G9(=9`>G(59(`>6>Oa9`8_O(ke>(O4b>(i9c9(9(g85aG9G(c(i9c9(9(`4Oa968O9G(>5(G>ba4(d>(59(^4O9J

#e>d_(a9O(78>O((=>`=9(59(O4G69(ke>(d8`>(ke>(>5(d>`G>a4(d>G4N9(>5(!STX(cke>d9O(i8N>Oa>b(d4b(9Ga]`e54b(ke>(>b(>5(KW(c(>5(K!(68>OaG9b(>5((?8O8ba>G84(ke>c9(a8>O>(6e`=4(a8>6f4V(O4(=9(f4d8d4(b9`9G(59(O4G69(d>(54b(f9GM6>aG4b(ke>b>(d>7>O(6>d8G(f9G9(̀ e9Od4(b>(=9`>O(59b(̀ 9G9`a>G]ba8`9b(g]b8`4(ke]68`9(f9G9(>59Ne9J

,9b(>6fG>b9b(b8Ne>O(=9`8>Od4(59b(`9G9`a>G8^9`84O>bV(ke>(>baMO(d>OaG4(d>(5958`>O`89(9678>Oa95(=9`>G(d4b(i>`>b(95(9n4(`4O(59(O4G69(ke>(>baM(d>G4N9d9V(b>b9`9(eO9(O4G69(9(6>d89b(c(O4(b>(`46f5>6>Oa9(f9G9(ke>(b>(fe>d9(=9`>GJ

$O(a8ae54(68O>G4(b>(b458`8a9(`464(f>Gb4O9(O9aeG95(9( 59(9ea4G8d9d(68O>G9V(cb458`8a9(ke>(b>(4a4GNe>(eO(a>GG>O4(f9G9(>qf54a9GV((59(9ea4G8d9d(68O>G9(G>i8b9(cb8(>baM(587G>V(b>(d9(`4O(4aG4(f>Gb4O9j>(9d>OaG4V(b](b>(4a4GN9(>5(a]ae54(68O>G4(b>9ea4G8^9(>qf54G9G(c(i>G(keh(`59b>(d>(68O>G95(=9c(9=]V(c(d>a>G68O9G(59(`9Oa8d9dc(59(`958d9d(d>5(68O>G95V(c(d>bfehb(b>(d9(59(>qf54a9`8_O(`e9Od4(b>(a8>O>(`59G4keh(b>(>O`4OaG_(c(`_64(b>(i9(9(>qf54a9GJ

"b>(a]ae54(68O>G4(b>(55>i9(9(eO(G>N8baG4V(>b(8Ne95(ke>(̀ e9Od4(eO4(b>(̀ 9b9(c(55>i959(f9Ga8d9(d>(69aG864O84(9(eO9(O4a9G]9(f9G9(ke>(a>ON9(>g>`a4b(`8i85>bV(>Oa4OQ`>b(d>bfehb(d>(4a4GN9d4(>5(a]ae54(68O>G4(b>(G>N8baG9((d8`8>Od4(ke>(b>(9b>NeG9f9G9(f4d>Gb>(>qf54a9GJ

+>(i9(95(a>GG>O4(̀ 4O(>5(a]ae54(68O>G4(c(b>(d8`>(ke>(b>(i9(9(G>958^9G(eO9(>qf54G9Q`8_OV(>Oa4O`>bV(b>(g8G69(`4O(>5(de>n4(d>5(fG>d84(eO(`4OaG9a4(c(>5(9GG>Od9d4G>OaG>N9(>5(MG>9J("5(a>GG>O4(G>Ne59G6>Oa>(a8>O>(95N4V(c9(b>9O(i9`9bV(f9ba4(495NeO9(`4b9J("5(a>GG>O4(b>(586f89V(b>(ke8a9(a4d9(59(`9f9(i>N>a95V(>Oa4O`>bV(599ea4G8d9d(9678>Oa95(4Gd>O9(ke>(b>(d>j>(eO(b8a84(d4Od>(b>(d>j>(>b9(`9f9(i>N>Q

!KX!KX!KX!KX!KX

a95V(b>(69Oa>ON9(c(b>(`e7G9(f9G9(ke>(`e9Od4(b>(9`979(59(9`a8i8d9d(ie>5i9(c(b>f4ON9J(+>(=9`>(eO(̀ 46fG468b4(d>(ke>(b>(>OaG>N9(>5(fG>d84(8Ne95(4(6>j4G(d>(54ke>(b>(G>`878_J(+8>6fG>(b>(d>7>(G>bf4Od>G(95(de>n4(d>5(fG>d84J

D>(G>958^9d4((6e`=9b(9ed8a4G89bV(9eOke>(6>(=>(>bf>`8958^9d4(6Mb(>O(>5(MG>9d>(=8dG4`9G7eG4b(c(>O(i9G89b(68O9b(O4(b4596>Oa>(>O()4546789(b8O4(>O("`e9Qd4GV(=9`8>Od4(9ed8a4G]9(c(>5(fG475>69(>b(ke>(O4(=>(f4d8d4(i>GV(̀ e9Od4(5>i9Oa9a4d4(c(b>(i9O(̀ _64(d>j9O(>5(a>GG>O4V(f4Gke>(b8>6fG>(ke>(55>N4(9ed8a4(59(55>N9Qd9(d>(59(69ke8O9G89(c(>5(64Oa9j>(d>5(a959dG4(c(`e9Od4(ie>5i4(>baMO(5>i9Oa9d4f9G9(8Gb>(c(O4(=>(f4d8d4(i>G(̀ _64(=9`>O(59(G>`ef>G9`8_O(64Gg45_N8`9(c(̀ _64>OaG>N9O(>5(a>GG>O4(9(59(f>Gb4O9J

,4(G>g>G>Oa>(d>(54(ke>(=97]964b(=9759d4(9Oa>G84G6>Oa>V(>O(59(̀ e95(59(>j>`e`8_Od>(54b(aG979j4b(9ea4G8^9d4bV(G>ke8>G>O(58`>O`89(9678>Oa95J("b(d>`8GV(ke>(d>bfehbd>( 59( 5>c( TT( d>5( TL( >5( fG86>G( d>`G>a4( d>( 58`>O`89b( 9678>Oa95>b( ( b458`8a97958`>O`89(9678>Oa95(f9G9(a4d4J("b>(d>`G>a4(aei4(eO9(f>ke>n9(G>g4G69(>O(59(̀ e95>5(SW!(d>5(TS(G>N596>Oa9(59(8Ob`G8f`8_O(d>5(G>N8baG4(68O>G4V(O>`>b8a9(58`>O`899678>Oa95(c(9ke](a8>O>(54b(ahG68O4b(d>(G>g>G>O`89V(f4G(>b4(d8N4(ke>(ge>(eO4(d>54b(6>j4G>b(d>`G>a4b(ke>(b958>G4OJ

,9(58`>O`89(9678>Oa95(b>(d9(f4G(a4d9(59(i8d9(Ha85(d>5(fG4c>`a4V(f>G4(b8(c4(i4c(9>qf54G9G(c(9(>qf54a9G(eO9(68O9(6>(59(d9O(f4G(a4d9(59(i8d9V(9b](deG>(b4596>Oa>9n4bJ(F( `e9Od4( =975M7964b( 9Oa>G84G6>Oa>( d>( ke>( =9c( 58`>O`89( 9678>Oa954Gd8O9G89V( 58`>O`89( 9678>Oa95( HO8`9( c( 58`>O`89( 9678>Oa95( N54795V( >G9( f4Gke>=97]9(d8g>G>Oa>b(64d958d9d>b(d>(b458`8a9G(59(58`>O`89J("Oa4O`>bV(=97]9(59(4Gd8QO9G89(ke>(b95]9( 59( 58`>O`89( b459J(D4c(>O(d]9( 59(ke>(6Mb(b>(eb9(>b( 59(N54795f4Gke>(b>O`85596>Oa>(i8>O>(̀ 4O(a4d4b(54b(b>Gi8`84b(8O`5e8d4bV(>Oa4O`>b(̀ e9Od4eO4(i9(9(9ed8a9G(O4(b>(fe>d>(68G9G(b4596>Oa>(59(58`>O`89(9678>Oa95J

Ae>G9(d>(>OgG>Oa9G(59(58`>O`89(9678>Oa95V(d>7>64b(9ed8a9G(54b(f>G68b4b(ke>(5>ge>G4O(4a4GN9d4bV(b8(5>(d8>G4O(f>G68b4(d>(̀ 4O`>b8_O(d>(9Ne9bV(b8(a8>O>(eO(f4^4be7a>GGMO>4V(b8(a8>O>(i>Ga868>Oa4V(b8(=9c(>68b84O>b(9a64bghG8`9bV(b8(>b(O>`>b9QG84(=9`>G(a959(d>(MG745>bJ(0ed8a9G(59(f9Ga>(9678>Oa95(`4O(59(f9Ga>(d>(b>NeG8d9da>O>64b(ke>(9b>NeG9G(O4b4aG4bV(`464(9ed8a4G>b(ke>(a4d4(54(ke>(b>(>baM(ea858Q^9Od4(b>(=9(47a>O8d4(5>N956>Oa>J

"5(!XZ!(d>5(TY(=9759(d>( 59(f9Ga>(68O>G9(c(O4b(d8`>(ke>(a4d4(`4OaG9a4(d>`4O`>b8_O(a8>O>(ke>(a>O>G(58`>O`89(9678>Oa95(f9G9(59(>j>`e`8_O(d>(54b(aG979j4bJ"5(d>`G>a4(>b(̀ 59G4V(O4(b>(fe>d>(d9G(8O8`84(95(fG4c>`a4(b8O(59(58`>O`89(9678>Oa954(59b(9ea4G8d9d>b(f4dGMO(8Oa>Gi>O8GJ

"5(̀ 4OaG45(fG>i84(ke>(b>(d>7>(=9`>G(fG>i896>Oa>V(>b(b97>G(59(g>`=9(d>(8O8`84(d>59(47G9(c(ke>(>bah(95(d]9(`4O(59(58`>O`89(c(a4d4b(54b(f>G68b4bJ("b>(>b(>5(g964b4d>`G>a4(ZLL(d>5(TRV(>O(>5(`e95(95NeO4b(N>O84b(G>b45i8>G4O(ke>(=97]9O(6e`=9b

!KS!KS!KS!KS!KS

9`a8i8d9d>b(ke>(O>`>b8a979O(58`>O`89(9678>Oa95J(*4(>G9(i8975>(ke>(b>(fG>b>OQa9G9(eO(d4`e6>Oa4(d>(i9G89`8_O(9678>Oa95(f4Gke>(`4Ob8d>G979(ke>(59b(9`a8i8Qd9d>b(ke>(>ba979O(=9`8>Od4(>G9O(d>(79j4(86f9`a4V(ke>(O4(879(9(f9b9G(O9d9J+8>6fG>(=9c(9g>`a9`84O>bJ

,9(4aG9(f9Ga>(ke>(b>(9g>`a9(>b( 59( g9eO9V( aG9>O( a4d4b( 54b(>ke8f4b(c( (O4( 5>b86f4Ga9( 54b(9O8695>bV(O8(O8ONHO(a8f4(d>(G>e78`9`8_OJ("ba9(ge>( 59(9f58`9`8_Oke>(5>(d8>G4O(54b(d>()>GG4(69a4b4V(d4Od>(O4(=97]9(f>G68b4b(c(O4(a8>O>(58`>OQ`89bV(O4(a8>O>O(f>G68b4(c(59(i>Gd9d(̀ 464(ge>(d>G4N9d4(ge>(d9d4(d>(79j9V(fe>b5>b(a4`9(f>d8G(a4d4b(54b(f>G68b4b(c(f>d8G(a4d9b(59b(58`>O`89b(>O(>5(98G>J(#e>d9QG4O((>O(>5(58674(jeG]d8`4J

"5(4aG4(d>`G>a4(ke>(b958_(>b(>5(!RKZ(d>5(KWWKV(̀ 464(eba>d>b(i>O(̀ 9d9(d>`G>a4ge>(b958>Od4(9(f9Ga8G(d>5(9n4(!TTS(>6f>^9G4O(9(8G5>(ke8a9Od4(`4b8a9bV(>Oa4OQ`>bV(c9(i>64b(ke>(a4d4( 54(ke>(a8>O>(ke>(i>G(`4O( 59(68O>G]9(fe>b(b8Ne>(>5?8O8ba>G84( d>( `46f>a>O`89( f4G( 59( NG9O( 68O>G]9( c( 59b( `4Gf4G9`84O>b( d>( 596>d89O9(c(f>ke>n9(68O>G]9J

)464(a4d4b(54b(d>`G>a4bV(ie>5i>(c(je>N9(be(GhN86>O(d>(aG9Ob8`8_OV(b>Ne864b(>O54(68b64J

"b(O>`>b9G84(ke>(`e9Od4(b>(=9N9(eO9(9ed8a4G]9(`4O4^`964b(59(58`>O`89(96Q78>Oa95V(f9G9(9b](f4d>G(>O`9GN9GO4b(d>(ke>(59b(`4b9b(ke>(>baMO(>ba8fe59d9b(>O59( 58`>O`89V( b>( `e6f59O( f4G( f9Ga>( d>( 59( >6fG>b9J( &4G( >j>6f54V( 59( 58`>O`899678>Oa95(d8`>(ke>(>b(O>`>b9G84(f59Oa9G(KWW(MG745>b(>O(95NHO(5eN9G(d>( 54ba>GG>O4b(ke>(>bah(b8>Od4(>qf54a9d4J(+>(f4O>O(54b(KWW(MG745>bV(f>G4(O4(>bbeg8`8>Oa>V(f4Gke>(>b(O>`>b9G84(=9`>G(ke>(59(>6fG>b9(b>(̀ 46fG46>a9(9(=9`>GQ5>b(69Oa>O868>Oa4(d4b(4(aG>b(i>`>bJ(0b](b>(̀ e6f5>(̀ 4O(59(6>d8d9(̀ 46f>Ob9a4G89J0(59b(>6fG>b9b(b>(5>b(45i8d9(9i8b9G(9(59(9ea4G8d9d(9678>Oa95(ke>(c9(̀ e6f58>G4O`4O(59(6>d8d9(̀ 46f>Ob9a4G89J(+>(d>7>(̀ >GG9G(̀ 4O(59(4758N9`8_O(9678>Oa95J(&4G>b4(̀ e9Od4(eba>d>b(i9c9O(9(9ed8a9GV(>bahO(f>Od8>Oa>b(d>(ke>(a4d4(b>(̀ e6f59J

"5(!!ZW(d>5(KWWLJ((-4d4b(a8>O>O(>5(g964b4(GhN86>O(d>(aG9Ob8`8_OV(a4d9b(a8>O>O>5(68b64(g4G69a4V(O4(`96789(O8ONeO9V(>Oa4O`>b(b>Ne864b(`4O(ke>(b8(54(a8>O>b8Ne>(`4O(>b9V(d>(O4(b>G(9b](ke>(b>(f8d9(c(b8( 59(9ea4G8d9d(9678>Oa95(9b]( 54ke8>G>V(f8d9(>5(f59O(d>(69O>j4(9678>Oa95J

"5(!KKW(d>5(KWWS(a8>O>(54(68b64J("5(GhN86>O(d>(aG9Ob8`8_O(ge>(64d8g8`9d4Vf>G4( b8Ne>( 8Ne95(f4Gke>( a4d4b(d>7>O(fG>b>Oa9G(eO(f59O(d>(69O>j4(9(6Mba9Gd9G(d4b(9n4b(d>bfehb(d>(59(fe758`9`8_O(d>(>ba>(d>`G>a4(c(b8(b958_(>O(>5(KWWS>O(>5(KWWR(a>O]9O(ke>(fG>b>Oa9G( 54b(f59O>b(d>(69O>j4(9678>Oa95J(&59O(d>69O>j4V(b>(G>g8>G>(9(54b(8ObaGe6>Oa4b(c(69O>j4(d>(̀ 4OaG45(9678>Oa95V(59(fG>b>OQa9`8_O(d>5(f59O(d>(69O>j4V(>O(`9b4(d>(ke>(=9c9(5eN9GV(b>(=9O(d>(aG968a9G(54bf>G68b4b(f9G9(>5(9fG4i>`=968>Oa4(d>(54b(G>`eGb4b(O9aeG95>bJ

!KY!KY!KY!KY!KY

"5(KZKW(d>5(KW!WV(>b(>5(H5a864(d>`G>a4V(d4Od>(b>(i>(54(68b64(c(a>O>64b(59f9Ga>(68O>G9(>O(59(`e95(>5(`_d8N4(68O>G4V(>5(YZS(d>5(KWW!V(=975979(d>(ke>(>58Oa>G>b9d4(fG>b>Oa9G9( 59(d>`59G9`8_O(d>( 86f9`a4(9678>Oa95(ke>(>5(fG4c>`a468O>G4(fe>d>(`9eb9GJ("b9(d>`59G9`8_O(b>(=9GM(>O(eO(g4G6e59G84(d8b>n9d4(f4G>5(68O8ba>G84V(>b(d>`8G(ke>(b>Ne864b(`4O(54b(68b64b(fG475>69bJ

&9G9(f4d>G(9ed8a9G(59(f9Ga>(d>(b>NeG8d9d(8OdebaG895V(>q8ba>O(O4G69b(ke>(>baMO>ba975>`8d9bV(̀ 468>O^9O(>O(>5(9n4(RTJ("Oa4O`>b(6e`=9b(i>`>b(eO4(i9(9(9ed8a9GeO9( >6fG>b9( c( 9f58`9( 59( G>b45e`8_O( KXWW( d>( !TRT( ke>( >b( >5( >ba9aea4( d>b>NeG8d9dV((f>G4(`e9Od4(b>(55>N9(955MV(=9c(`4b9b(ke>(>O(>5(9n4(RT(>ba979Od>g8O8d9bV(c(>Oa4O`>b(eO4(i9(9(9ed8a9G(fe>b(59b(>6fG>b9b(64d>GO9b(a8>O>Oa4a956>Oa>(4aG9b(`4b9bJ("Oa4O`>b(o`_64(b>(9ed8a9p((#e>d9(9ed8a9G(b47G>(59O4G69(8Oa>GO9`84O95J

%Ne956>Oa>V(59(5>c(SS(d>(!TTL(O4b(>qf58`9(`_64(d>7>(b>G(>5(69O>j4(d>(54bfG4de`a4b(ke]68`4b(c(`e9Od4(eO4(i9(9(9ed8a9G(eO4(47b>Gi9(ke>(>bah(78>O>a8ke>a9d4V(9569`>O9d4(c(ke>(>bahO(59b(g8`=9b(d>(d9a4b(d>(b>NeG8d9dJ(("q8ba>O9fG4q869d96>Oa>(!S(O4G69b(>O(59(f9Ga>(d>(>68b84O>b(9a64bghG8`9bJ(,4(ke>6MbV( >q8N>( 59( 9ea4G8d9d( 9678>Oa95( `4O( 59b( 58`>O`89b( 9678>Oa95>b( >b( ke>( b>=9N9(>5(64O8a4G>4(9a64bghG8`4b(f9G9(f4d>G(d>a>G68O9G(>5(O8i>5(d>(`4Oa968O9Q`8_OV(f4Gke>(9(i>`>b(f9b9O(>b9b(̀ =86>O>9b(d>(=e64(O>NG4V(>b9b(>68b84O>b(59>6fG>b9(59b(a8>O>(ke>(6>d8G(c(a8>O>(ke>(fG>b>Oa9G5>(9(eO4(`464(9ed8a4G(f9G9b97>G( b8( G>956>Oa>( >baM( `e6f58>Od4( `4O( 59( O4G69( ke>( 5>( >baM( f8d8>Od4( 5958`>O`89(9678>Oa95V(b>(d>7>(64baG9G(>5(64O8a4G>4J

!KR!KR!KR!KR!KR

!KZ!KZ!KZ!KZ!KZ

1G1G1G1G1GJ( ,e8b( AJ( ,e8b( AJ( ,e8b( AJ( ,e8b( AJ( ,e8b( A>G>G>G>G>GO>O>O>O>O>c( ?4Gc( ?4Gc( ?4Gc( ?4Gc( ?4G>O4( )9b>O4( )9b>O4( )9b>O4( )9b>O4( )9baaaaa 88888 55555 5454545454)4546789:)4546789:)4546789:)4546789:)4546789:

14`a4G(>O(1>G>`=4J("qf>Ga4(>O(1>G>`=4("`4O_68`4J(&9Ga8`e59G6>Oa>(>O(G>NeQ59`8_O(68O>G9V(f>aG45>G9V(>O>GN]9(>5h`aG8`9V(N9b(c(>O>GN]9(G>O4i975>J(-8>O>(95a9>qf>G8>O`89(>O(>5(+>`a4G(&G8i9d4(c(+>`a4G(&H758`4J(0`ae956>Oa>(b>(d>b>6f>n9`464(18G>`a4G(d>(59("bf>`8958^9`8_O(>O(1>G>`=4(?8O>G4Q"O>GNha8`4(d>(59($O8Qi>Gb8d9d("qa>GO9d4(d>()4546789J

!KT!KT!KT!KT!KT

,,,,,0+( &'0+( &'0+( &'0+( &'0+( &',C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0+,C-%)0+( &P;,%)0++';."( ?%*".C0( )'+';."( ?%*".C0( )'+';."( ?%*".C0( )'+';."( ?%*".C0( )'+';."( ?%*".C0( )',,,,,'?;%0*0'?;%0*0'?;%0*0'?;%0*0'?;%0*0

#e8>G4(>6f>^9G(`4O(d4b(`4b9bV(`4O(95N4(ke>(eba>d>b(i8>G4OV(O4(bh(b8(eba>d>bG>`878>G4O(=4c(>5(f>G8_d8`4V(>5(a8ae59G(d>5(-8>6f4(m59(68O>G]9(85>N95(59(i9O(9`4Oi>Ga8G(>O(eO(d>58a4m(i964b(9(i>G(=9ba9(d_Od>(=>64b(55>N9d4V(c(f4G(keh>ba964b(f59Oa>9d4(59(68O>G]9(`464(eO(d>58a4V(i964b(9(68G9G(7Mb8`96>Oa>(95g8O95V(>b4(>b(eO9(9Oh`d4a9V(59(4aG9(9Oh`d4a9(>b(59(ke>(a>ON4(̀ 464(18G>`a4G(d>5d>f9Ga96>Oa4(d>G>`=4(68O>G4(>O>GNha8`4V(`e9Od4(>6f>^_(>5(f4bNG9d4(d>68O>G4( >O>GNha8`4( >O( >5( 9n4( !TTT( =97]9( YW( f9Ga8`8f9Oa>b( `464( fG86>G9fG464`8_OV( d>( >b9( fG86>G9( fG464`8_O( =97]9O( b454( X( f9Ga8`8f9Oa>b( d>( 59>bf>`8958^9`8_OV(ke>(ke>G]9O(fG4geOd8^9G(>O(68O9bV(>5( G>ba4(`464(SYV(b454i>O]9O(9(fG4geOd8^9G(>O(a>69b(d>(>O>GN]9(c(N9bV(O4(d>(68O9b(c(f>aG_5>4b(c(9b]be`>b8i96>Oa>(be`>d]4V(b454(=9ba9(>5(9n4((KWWY(>b(ke>(>6f>^964b(>5(7446d>(>baed89Oa>b(ke>(8Oi8Ga8>G4O(a4a956>Oa>(59(G>59`8_OV(d>bd>(>5(9n4(KWWSV(f4G>j>6f54(>O(59(eO8i>Gb8d9dV(>baed89O(d>5(!WWw(>5(ZW(4(TWw(d>(54b(f9Ga8`8f9Oa>b68O9b(c(f>aG_5>4b(c(6e`=4(6>O4b(>O>GN]9(c(N9bV(>b(eO9(6e>baG9(d>5(7446(d>59(68O>G]9(>O()4546789J(?8G>64b(4aG4b(>5>6>Oa4b(d>(>ba>(7446J

$ba>d>b(d>(fG4Oa4(b>(=9O(fG>NeOa9d4V(of4G(keh(=9(9e6>Oa9d4(59(fG4de``8_O68O>G9( >O( >5( f9]bp( o)eM5( >b( 59( `9eb9p( o`eM5( >b( 59( G>bfe>ba9p( o)eM5( >b( >564a8i4( d>( =97>G( 8O`G>6>Oa9d4( 59( fG4de``8_O(68O>G9( >O( >5( f9]bpV( 95NeO4bfe>d>O(d>`8GV(ke>(>b(f4Gke>(O4b4aG4b(54NG964b(a>O>G(eO9(5>N8b59`8_O(9d>`e9d9f9G9(>b>(̀ G>`868>Oa4V(f>G4(4aG4bV(i9O(9(d>`8G(ke>(G>956>Oa>(>5(̀ G>`868>Oa4(d>(59fG4de``8_O(68O>G9( >b( f4G( 54b( fG>`84b( 8Oa>GO9`84O95>b( d>( 54b(68O>G95>bV( 59i>Gd9d(>b(ke>(59(fG4de``8_O(68O>G9(`4546789O9(=9(9e6>Oa9d4V(6Mb(ke>(f4G59(5>N8b59`8_O(4(f4G(f45]a8`9(fH758`9(`4546789O9J

.>956>Oa>(>O(Oe>baG4(`4O`>fa4V(59(fG4de``8_O(68O>G9(=9(9e6>Oa9d4(f4G(54bfG>`84bV(>b(̀ 464(a4d4V(̀ e9Od4(=9c(7e>O4b(fG>`84bV(>b(ke>(b>(6e>i>(>5(6>G`9Qd4V(9ke](>b(eO(fG475>69(d>(6>G`9d4bV(`464(>b(eO(fG475>69(d>(6>G`9d4Vi>64b(ke>(59(fG4de``8_O(9e6>Oa9(f4Gke>(8Ne956>Oa>(9e6>Oa9O(54b(fG>`84bV(b8=9c(eO4b(7e>O4b(fG>`84b(59(fG4de``8_O(9e6>Oa9V(>Oa4O`>bV(>b9(>b(59(fG8O`8f95`9eb9(d>(f4Gke>(b464b(=4c(eO9(54`464a4G9(68O>G9(86f4Ga9Oa>V(f4Gke>(54bfG>`84b( d>( 54b(68O>G95>b( >O( `4O`G>a4( d9O( eO9( 8Od8`9`8_O( d>( ke>( =9c( ke>fG4de`8G(68O>G95>bV(c(>b4(>b(54(ke>(b>(=9(=>`=4V(f4G(befe>ba4V(>b4(O4(b459Q6>Oa>(d>f>Od>(d>(ke>(=9c9(eO4b(7e>O4b(fG>`84b(8Oa>GO9`84O95>bV(a9678hO(ke>>5(f9]b(a>ON9(eO9(7e>O9(f45]a8`9(68O>G9V(eO9(7e>O9(6e(G>Ne59`8_O(68O>G9Vi964b(9(68G9G(>O(`e9Oa4(95(a>69(d>(59(G>Ne59`8_O(68O>G9V(f>G4(9Oa>b(i964b9(i>G(`_64(O4b(f>G`87>O(9ge>G9V(=9c(f9]b>b(68O>G4b(c9(`4Ob458d9d4bV(9ge>G9=9c(f9]b>b(68O>G4b(>6>GN>Oa>bV(=9c(eO4b(>O(fG4`>b4(d>(9f>GaeG9(c(4aG4b(ke>9=](i9OV()4546789(>baM(e78`9d4(>OaG>(54b(f9]b>b(>6>GN>Oa>b(jeOa4(`4O("`e9Qd4GV( 54b( f9]b>b(6ec( `4Ob8d>G9d4b( >O( a>69b(68O>G4b( >baMO(?hq8`4V(;G9b85V

!LW!LW!LW!LW!LW

)=85>V(&>GHJ(&>GH(>b(eO(7e>O(>j>6f54(d>(̀ G>`868>Oa4(68O>G4V(f>G4()4546789(>beO(>6>GN>Oa>(ke>(i9(̀ 4Ob458dMOd4b>(̀ 464(eO(f9]b(68O>G4V(9b](O4b(i>O(9(O8i>58Oa>GO9`84O95J

<964b(9(68G9G(`_64(=9(b8d4( 59(f45]a8`9(fH758`9(68O>G9V(c( 59(G>Ne59`8_OV( 595>N8b59`8_O(68O>G9V(9GG9O`964b(d>bd>(>5(9n4(!TTZV(a>O>64b(ke>(68G9G(kehf9b4(`4O(>5(Oe>i4(`_d8N4(d>(68O9b(ke>(>b(d>5(KWW!V(i964b(9(68G9G(keh(f9b_`4O(59(G>g4G69(d>(59()4Oba8ae`8_OV(i964b(9(68G9G(keh(f9b_(`4O(59(G>g4G69(d>5`_d8N4(68O>G4V(keh(f9b_(̀ 4O(>5(f59O($G87>V(c(keh(f9b_(̀ 4O(>5(f59O(+9Oa4b(ke>>b(59(ke>(d>g8O>(59(f45]a8`9(fH758`9(9`ae95V(f9G9(68G9G(`eM5(>b(59(f45]a8`9(9`ae9568O>G9(c(f4G(keh(>b(eO9(54`464a4G9J

"ba9(>b(7Mb8`96>Oa>(59(>i45e`8_O(O4G69a8i9(c(d>(f45]a8`9(fH758`9V(d_Od>((b>>O`e>OaG9(59(f45]a8`9(fH758`9V(O4G6956>Oa>(59(f45]a8`9(fH758`9(b>(>O`e>OaG9(>OaG>b(d4`e6>Oa4b(geOd96>Oa95>bV(>5(fG86>G(d4`e6>Oa4(>b(>5(&59O(*9`84O95(d>1>b9GG4554V(9=](>b(d4Od>(b>(`4O`G>a9( 59(f45]a8`9(fH758`9(O9`84O95V(i964b(968G9G(54b(d4b(f59O>b(d>(d>b9GG4554(G>`8>Oa>b(d>5(N478>GO4(d>($G87>(c(d>5(fG>b8Qd>Oa>(+9Oa4bV(>O(d_Od>(6Mb(b>(`4O`G>a9(59(f45]a8`9(fH758`9V(>O(d4`e6>Oa4b)4Of>bV(f>G4(>O(69a>G89(68O>G9(O4(=9(=978d4(d4`e6>Oa4b()4Of>bV(d>5()4OQb>j4(*9`84O95(d>(&45]a8`9(+4`895(c("`4O_68`9V(c(>5(a>G`>G(8ObaGe6>Oa4(d4Od>(b>`4Ob8NO9(59(f45]a8`9(fH758`9V(b4O(59b(f45]a8`9b(68O8ba>G895>bV(59b(f45]a8`9b(68O8bQa>G895>b(O4G6956>Oa>(O4(b>(`4Ob8NO9O(>O(d4`e6>Oa4bV(O4G6956>Oa>(eO4(59b>b`e`=9(d>bd>(59(_fa8`9(d>(54b(68O8baG4b(>O(59b(d8g>G>Oa>b(8Oa>Gi>O`84O>b(>O(54b>b`>O9G84b(fH758`4bJ()4O(>ba4V(i964b(68G9Od4(̀ _64(=9(b8d4(>b9(>i45e`8_O(d>59(f45]a8`9(c(d>(59(5>N8b59`8_O(68O>G9J

o#eh(f9b_(`4O(>5(`_d8N4(d>(68O9b(d>(!TTZpV(>5(`_d8N4(d>(68O9b(d>(!TTZ7Mb8`96>Oa>(a>O]964b(6e`=4b(b8ba>69b(d>(̀ 4OaG9a9`8_OV(a>O]964b(eO9(̀ 59b8g8Q`9`8_O(d>(59(68O>G9(f>ke>n9V(6>d89O9V(NG9O(68O>G9(59(a>O]964b(>O(be(64Q6>Oa4V(a>O]964b(ke>(54b(`4OaG9a4b(d>(`4O`>b8_O(>G9O(f4G(LW(9n4b(c(O4(b>f4d]9O(fG4GG4N9GV(i964b(9(i>G(`464(>b( 59(b8ae9`8_O(=4cV( a>O]964b(ke>(b>G>`4O4`]9(>5(>ba9d4(>6fG>b9G84V(=97]9(eO(>ba9d4(>6fG>b9G84(68O>G4(ge>Ga>Va>O]964b(>5(>ba9d4(>6fG>b9G84(68O>G4V(̀ 4O(>5(̀ _d8N4(d>(68O9b(a>O]964b(eO4bg4Od4b(d>(g46>Oa4(c(N9G9Oa]9b(f9G9(59(8OdebaG89(68O>G9V(>O(g8OV(>G9(eO(`_d8N4d>(68O9b(9d>`e9d4(9(be(646>Oa4J

o#eh(f9b9(d>bfehbpV(54(ke>(eO4(47b>Gi9(d>5(`_d8N4(d>(68O9bV(i8>O>(59(`4ObQa8ae`8_O(d>5(T!(c(955]V(b>(G>8a>G9(ke>(>5(be7be>54(c(54b(G>`eGb4b(O9aeG95>b(O4G>O4i975>b(b4O(d>5("ba9d4V(>b4(b>(G>8a>G9(c(b>(f4O>(>O(59(`4Oba8ae`8_O(d>5(T!V`464(>5(>ba9d4(fG4f8>a9G84(d>5(be7be>54(c(54b(G>`eGb4b(O9aeG95>bV(59b(68O9bV(54b68O>G95>b(>baMO(>O(>5(be7be>54(c(9(f9Ga>(d>(>ba9G(>O(>5(be7be>54(b4O(G>`eGb4bO9aeG95>b(O4(G>O4i975>bV(f4G(54(a9Oa4V(54b(68O>G95>b(d>bd>(>5(be7be>54(c(>O(59>qf54a9`8_O(`464(G>`eGb4(O9aeG95(>b(fG4f8>d9d(d>5("ba9d4V(>5("ba9d4(54(ke>=9`>(̀ 464(fG4f8>a9G84V(>b(f>G68a8G5>(9(54b(f9Ga8`e59G>b(=9`>G(59(>qf54a9`8_OV(59

!L!!L!!L!!L!!L!

>qf54a9`8_O(59(=9`>O(f4G(i]9(=4c(f4G(`4O`>b8_O(68O>G9(4(eO(a]ae54(68O>G4(4eO9(`4O`>b8_OV(d4Od>(>5(f9Ga8`e59G(59(47a8>O>(d>5("ba9d4(f9G9(=9`>G(59(>qf54QG9`8_O(c(>qf54a9`8_O(d>5(68O>G95V(a9678hO(59(`4Oba8ae`8_O(d>5(T!(>ba975>`>V(594758N9a4G8>d9d(d>(f9N9G(G>N95]9bV(>b4(c9(i>O]9((d>bd>(9Oa>b(b8O4(ke>(54(55>i9QG4O(9(59(̀ 4Oba8ae`8_OV(a9678hO(>ba975>`8_V(59(d8baG87e`8_O(d>(G>N95]9b(ke>(i964b9(i>G(6Mb(a9Gd>J

A8O956>Oa>V(=9754(d>(f59O8g8`9G(̀ 464(]7964b(9(>qf54a9G(54b(G>`eGb4b(O9aeG95>b>O(>5(9Ga]`e54(ZW(d>(59(`4Oba8ae`8_OV(>b4(>b(7Mb8`96>Oa>(54(ke>(>ba975>`8_(59`4Oba8ae`8_O(G>g>G>Oa>(9(68O9bV(f>G4(okeh(f9b_(f4ba>G84G6>Oa>pV(d>bfehb(d>(59`4Oba8ae`8_O(i8>O>(>5(Oe>i4(`_d8N4(68O>G4(`4546789O4V(ke>(>b(59(5>c(YZS(d>KWW!V(>b>(`_d8N4(>b(>5(ke>(=9c(ke>(9f58`9GV(>b(>5(ke>(=9c(ke>(a>O>G(>O(`e>Oa9f9G9(59(9`a8i8d9d(68O>G9(`4546789O9V(>b>(`_d8N4(d>(68O9bV(>5868O9(>5(>ba9d4>6fG>b9G84V(c9(>5(>ba9d4(d>b9f9G>`>(>O(59(9`a8i8d9d(68O>G9(>b>(ge>(eO(f4`4(>5fG4f_b8a4(d>(>b>(`_d8N4V(>5868O9( 59(`59b8g8`9`8_O(d>( 59b(>6fG>b9bV(c9(O4(b>=9759(d>(f>ke>n9V(68O>G]9V(O8(6>d89O9(O8(NG9O(68O>G]9V(>b4( ge>(eO9(`4b9d>b9g4GaeO9d9(>O(Oe>baG4(`4O`>fa4V(f4Gke>(d>(a4d9b(69O>G9b(59(G>958d9d(`4Q546789O9(>b(d>(f>ke>n9V(6>d89O9(c(NG9O(68O>G]9V(c(b8O(>679GN4V(>5(`_d8N4i8N>Oa>(>5868O_(>b9(`59b8g8`9`8_O(d>(eO9(g4G69(6ec(d>b`4Ob8d>G9d9(d9d4(ke>59(G>958d9d(`4546789O9(>b(d>(f>ke>n9V(6>d89O9(c(NG9O(68O>G]9V(8Ne956>Oa>8O`4Gf4G_(a4d4(54(ke>(i864b(9Oa>G84G6>Oa>(d>(59()4Oba8ae`8_OV(G9a8g8`4(ke>V(>5>ba9d4(>b(>5(fG4f8>a9G84(d>5(be7be>54(d4Od>(b>(>O`e>OaG9O(54b(68O>G95>bV(a96Q78hO(=9754(d>V(ke>(>5("ba9d4(b>(d>d8`979(b454(9(59(f59O8g8`9`8_O(c(9(59b(f45]a8Q`9b(b>`a4G895>bV(c(95( g46>Oa4(d>( 59(9`a8i8d9dV(f4G( 54( a9Oa4V(9=](9GG9O`964bd8`8>Od4(ke>(>5("ba9d4(O4(b>(d>d8`979(95(d>b9GG4554(d>(59(9`a8i8d9d(68O>G9V(>5G8>bN4(d>(59(>qf54G9`8_O(c(>qf54a9`8_O(54(9be6>O(b4O(54b(f9Ga8`e59G>bV(>5("ba9Qd4(b86f5>6>Oa>(b>(d>d8`9(9(55>i9G(eO(b>Gi8`84(d>(8Og4G69`8_O(N>45_N8`9V(f>G4ke8>O>b(9be6>O(54b(G8>bN4(d>(>qf54a9`8_O(b4O(54b(f9Ga8`e59G>bV(c(a4d9b(>baMOJ"q8N>O`89b(fG>i89b(ke>(=97]9(>O(>5(`_d8N4(9Oa>G84GV(>O(>5(9`ae95((`_d8N4(ke>>baM(i8N>Oa>(4G8>Oa4( 59(f45]a8`9(d>(=9`>G(eO4b(`4OaG9a4b(d>(`4O`>b8_O(6ecgM`85>b(̀ 4O(>5(f9Ga8`e59GV(ke>(54b(fed8>G9O(47a>O>G(d>(g4G69(gM`85V(f>G4(d>(̀ 8>Ga9g4G69(86f5>6>Oa4(59(O>`>b8d9d(d>(`4OaG459G(>b4b(`4OaG9a4bV(59(i8N859O`89(d>>b4b(̀ 4OaG9a4bV(ke>(>OaG>(4aG9b(̀ 4b9b(=9(gG9`9b9d4V(c(54(4aG4V(>b(̀ 464(>OaG>N9Q79(54b(̀ 4OaG9a4b((d>(̀ 4O`>b8_O(̀ 464(>OaG>N979O(54b(a]ae54b(f9G9(ke>(>5(f9Ga8`eQ59G(>qf54a9G9(`4O(eO(fG8O`8f84(ke>(b>(5596979(fG86>G4(>O(>5(a8>6f4V(fG86>G4>O( >5( d>G>`=4V( 95( fG86>G4( ke>( 5>( b458`8a9G9( 9( 59( 9ea4G8d9d(68O>G9V( >5( a8ae5468O>G4(4(>5(̀ 4OaG9a4V(9(>b>(b>(5>(d979V(9ke](O4(=97]9(>5(̀ 4O`>fa4(d>(be79ba9(d>`46f>a>O`89V(f9G9(>OaG>N9G(54b(`4OaG9a4bV(9ke](b86f5>6>Oa>(b>(>OaG>N9(95(fG8Q6>G4(ke>( 55>Ne>(>b(95(fG86>G4(95( ke>( 5>( >OaG>N9O(>5( a8ae54(68O>G4V( >b4(>b7Mb8`96>Oa>(59(̀ 4O`>b8_O(d>(59(5>c(YZS(ke>(>b(>5(9`ae95(̀ _d8N4(68O>G4(̀ 4546Q789O4J

o#eh(f9b9(d>bfehb(d>(>ba>(`_d8N4pl(d>bfehb(i8>O>(>5((N478>GO4(d>($G87>V(>O>5(f59O($G87>V(>O(>5(9n4(KWWR(d>bfehb(d>(Y(9n4b(ke>(f9b9(̀ 4O()4546789V(ke>

!LK!LK!LK!LK!LK

>ba979(f9b9Od4(>O(>ba>(646>Oa4(̀ e9Od4($G87>(>O(>5(f59O(d>(d>b9GG4554(8Oa>GQi8>O>(>5(a>69(d>(59(68O>G]9V((okeh(>b(54(ke>(`4Oa8>O>(>5(f59O(>O(ahG68O4b(d>68O>G]9pV(=9759(d>(g4Ga95>`868>Oa4(8Oba8ae`84O95V(>O(>5(KWW!V(a>O]964b(eO(̀ _d8QN4(68O>G4V(>O(>5(KWWR(c9(>O(>5(N478>GO4($G87>(d8`>O(a>O>64b(ke>(g4Ga95>`>G8Oba8ae`84O956>Oa>(95(f9]bV(f4G(kehV(f4G(keh($G87>(>O(be(f59OV(59(fG86>G9(b>n95f9G9(>5(b>`a4G(68O>G4(>O(>5(9n4(KWWR(d>bfehb(d>(Y(9n4bV(R(9n4b(d>(i8N>O`89d>5(̀ _d8N4(68O>G4(d8`>(a>O>64b(ke>(g4Ga95>`>G(8Oba8ae`84O956>Oa>(95(f9]bV(f4GQke>(gG9`9b9G4OV(9b](d>(`59G4V( gG9`9b_( 59( 8Oba8ae4O958d9d(`4546789O9V(`e9Od4=9754(d>(59(8Oba8ae`84O958d9d(>ba4c(=9759Od4(d>(59(9ea4G8d9d(`46f>a>Oa>(d>i8N859G(59(9`a8i8d9d(68O>G9V(gG9`9b_(>O(be(9`a8i8d9d(d>(i8N859O`89(c(`4OaG45V(>Okeh( b>Oa8d4( gG9`9b_V( >O( ke>( i>O]9( 8O`e6f58>Od4( 59b( 4758N9`84O>b(68O>G9bV4758N9`84O>b(9678>Oa95>bV(4758N9`84O>b(d>(b>NeG8d9d(68O>G9V(4758N9`84O>b(59Q74G95>bV(>a`J

"ba4c(=9759Od4(b8O(=9`>G(9`eb9`84O>bV(f9G9(O4(f9Ga8`e59G8^9G(O8(N>O>G958^9GV>ba4c(=9759Od4(d>(`9b4b(>O(d4Od>(b>(G>8a>G979((d>(ke>(=97]9(9=](eO4b(8O`e6Qf5868>Oa4b(d>(4758N9`84O>b(>O(59(9`a8i8d9d(68O>G9V(c(>b4(=9`>(ke>(b>(a>ON9ke>(G>g5>q84O9G(b47G>(`eM5(>G9(59(8Oba8ae`84O958d9d(ke>(a>O]9(ke>(d8G8N8G(>5(f9]bVc(9=4G9(68G964b(>O(ke>(ke>d_(59(8Oba8ae`84O958d9dJ(,4(4aG4V(>b(ke>(]7964b(99e6>Oa9G(6Mb(59(fG4de``8_O(68O>G9V(>b4(O4(>G9(O>`>b9G84(d>(d>`8G54(>O(eOf59OV(f4Gke>(>b(ke>(>b4(d>(eO(fG475>69(d>(6>G`9d4(b8(=9c(7e>O4b(fG>`84b`59G4(ke>(=9c(9e6>Oa4(d>(fG4de`a8i8d9dV(O4(b>(O>`>b8a9(ke>(>b4(ke>d>(̀ 4Ob8NQO9d4(>O(eO(f59OV( 9eOke>( ge>(eO(fG4f_b8a4(d>5(f59O(d>(d>b9GG4554(d>(>ba>N478>GO4V(59(4aG9(ke>(b>(d8j4V(>G9(ke>(879O(9(7eb`9G(ge>Oa>b(d>(g8O9O`8968>Oa4f9G9(59(68O>G]9(aG9d8`84O95V(fe>b(OeO`9(b>(54NG_V(>b9b(ge>Oa>b(d>(g8O9O`8968>Oa4>q`>fa4(`4O(95NeO4b(G>`eGb4b(d>(G>N95]9b(ke>(b>(95`9^9G4O(9(g8O9O`89G(95NeO4bfG4c>`a4b(d>(68O>G]9(aG9d8`84O95(>O()4546789J

#e>(59(9b8NO9`8_O(d>(MG>9b(68O>G9b(b>(879O(9(>OaG>N9G(9(4f>G9d4G>b(>baG9ahN8Q`4bV(c9(`96789(eO(f4`4(>5(`4O`>fa4(d>(ke>(b>(>OaG>N979(95(fG86>G4(>O(>5a8>6f4V(>5(fG86>G4(>O(>5(d>G>`=4V(b8O4(ke>(ke>G]9O(ke>(59(68O>G]9(O4(ke>d9G9>O(69O4bV(f4Gke>(ke>(>G9(54(ke>(f9b979(>O(KWWRJ("O(>5(KWWRV(=97]9(N>Oa>ke>(b>(d>d8`_(9(b9`9G(a]ae54b(68O>G4bV(9(g8G69G(̀ 4OaG9a4b(d>(̀ 4O`>b84O>b(̀ 4O(599N>O`89(68O>G9V(̀ 4O(>5(fG4f_b8a4(d>bfehb(8G(9(O>N4`89G(54b(a]ae54b(̀ 4O(>5(fG4f_Qb8a4(d>(=9`>G(eO(6>G`9d4(b>`eOd9G84(d>( a]ae54b(68O>G4b(4(d>(`4OaG9a4b(d>`4O`>b8_OV(c(>Oa4O`>bV(>O(>b>(4Gd>O(d>(8d>9bV(54(ke>(d8j4(>5(N478>GO4(>O(>b>646>Oa4V(d>(ke>(>b4(O4(b>(f4dG]9(b>Ne8G(>OaG>N9Od4V(54b(a]ae54b(68O>G4b(4(54b`4OaG9a4b(d>(̀ 4O`>b8_O(68O>G4b(9(9ke>554b(ke>(i>O]9O(b86f5>6>Oa>(f9G9(=9`>GeO(6>G`9d4(b>`eOd9G84V(b8O4(ke>(d>7>G]9O(>OaG>N9Gb>(9( 54b(ke>(G>956>Oa>a>O]9O(59(i4`9`8_O(d>(fG4de`8G(68O9b(>O(>5(f9]bV(>b>(fG4f_b8a4(fe>b(=9ba9(>5646>Oa4(O4(b>(=9(f4d8d4(54NG9GJ

"5(fG475>69(d>5(aG9Obf4Ga>V(>b(>5(fG86>G(fG475>69(ke>(b>(>6f>^_(9(d>a>`a9G`4O(>ba>(`G>`868>Oa4(`464(`G>`8_(59(fG4de``8_O(68O>G9V(O4b(d864b(`e>Oa9V

!LL!LL!LL!LL!LL

`464(b8(gehG964b(9(d>b`e7G8G(>5(H5a864(f59O>a9(d>bfehb(d>(59(5eO9V(`e9Od4G>956>Oa>(>O()4546789(b>(b97]9(a>O>64b(fG475>69(d>(8OgG9>baGe`aeG9(c(>5(NG9OfG475>69(=4cV(f>b>(9(54b(fG475>69b(d>(8OgG9>baGe`aeG9(9eO(9b](O4b4aG4b(a>O>Q64b(eO9(7e>O9(fG4de``8_O(c(eO9(7e>O9(>qf4Ga9`8_O(d>(68O>G95>bV(O4b(d864b`e>Oa9(c(54(feb864b(>O(eO(f59O(d>(d>b9GG4554(ke>(a>O]964b(ke>(6>j4G9G(>5aG9Obf4Ga>V( 59( 8OgG9>baGe`aeG9(68O>G9l( b4O(`4Ob8NO9b( 86f4Ga9Oa>b(f>G4(ke>>i8d>Oa>6>Oa>V(O4(>ba964b(d>b`e7G8>Od4(O9d9(f>G4(ke>(>6f>^964b(9(9GG89G>b4b(fG475>69b(d>(>b9(fG4de``8_O(`4O(fG475>69b(d>(aG9Obf4Ga>J

-9678hO(>5(4aG4(fG475>69(ke>(b>(d>a>`a_(d>bd>(KWWRV(>5(fG475>69(d>(59(5>N9Q58^9`8_O(68O>G9V(54b(68O>G95>b(85>N95>bV(59(68O>G]9(85>N95V(ke>(=4c(>O(f>G8_d8`4b>(>baM(d8`8>Od4(ke>(>b(eO(d>58a4( 59(68O>G]9( 85>N95V(c(d>bd>(>5(KWWRV(c9(b>>6f>^_(9(d>`8G(ke>(=97]9(ke>(=9`>G(eO4b(fG4NG969b(d>(5>N958^9`8_O(68O>G9Vf4Gke>(b>(>ba979(=9`8>Od4(eO9(>qf54a9`8_O( 85]`8a9(d>(68O>G95>bV( (c(b>(d>j_`464(6>Ob9j>(>O(>5(f59O(d>(d>b9GG4554(d>($G87>(>5(fG4f_b8a4(d>5("ba9d4(d>(eO95>N958^9`8_O(68O>G9V(ke>(=9ba9(>5(646>Oa4(>ba964b(>O(>b>(fG4NG969(d>(5>N9Q58^9`8_O(68O>G9

F(b>(=8^4(eO(G>f59Oa>968>Oa4(b47G>(d8baG87e`8_O(d>(G>N95]9bV(ke>(6Mb(a9Gd>(6>f>G68a4(i>G(̀ 464(ke>d4J

1>bfehb(d>5(f59O(d>(d>b9GG4554(d>($G87>V(i8>O>(59(G>g4G69(95(̀ _d8N4(d>(68O9bVke>(>b(59(G>g4G69(ke>(b>(=8^4(>O(>5(KW!WV(ke>(>b(59(5>c(!LZK(ke>(G>g4G69(>5`_d8N4(d>(68O9bV(f>G4(>ba9(G>g4G69(ge>(d>`59G9d9(8O>q>ke875>(f4G(59()4Ga>)4Oba8ae`84O95V(f>G4(59(d>j4(i8N>Oa>(=9ba9(69c4(d>(KJW!LJ(&9G9V(d9G5>(a8>6f495("ba9d4(d>(`4GG>N8G(>ba9(G>g4G69(59(9fG47_(>5()4ONG>b4(f>G4(59()4Ga>()4ObQa8ae`84O95(d8j4(ke>(>ba9(d>7>G]9(b>G(`4Obe5a9d9(`4O(59b(`46eO8d9d>b(haO8`9bV(c`464(O4( b>( =8`8>G4O( 59( `4Obe5a9b( fG>i89b( `4O( 59b( `46eO8d9d>b( haO8`9bV( 59)4Ga>()4Oba8ae`84O95(59(d>`59G4(8O>q>ke875>(c(59(d>j4(i8N>Oa>(=9ba9(69c4(d>KW!LV(54(ke>(b>(G>b`9a9(d>(>ba9(G>g4G69V(>b(ke>(d>j4(eO(6>Ob9j>(̀ 59G4V(ke>(d>9=4G9(>O(9d>59Oa>(i9(9(=97>G(MG>9b(>baG9ahN8`9b(d>(68O9b(c(68O>G95>b(>baG9ahQN8`4bV(ke>(O4(b>(i9(9(>OaG>N9G(f4G(>5(fG8O`8f84(ke>(b>(>OaG>N979(9Oa>bV(d>(ke>fG86>G4(>O(>5(a8>6f4V(fG86>G4(>O(>5(d>G>`=4V(>b>(`G8a>G84(i9(9(`96789GJ

F9(54(=8^4(>ba9(G>g4G69(d>(>OaG>N9G(59b(68O9bV(b>G]9(9(aG9ihb(d>(eO9(be79ba9V(>b`464(58`8a9`8_O(fH758`9(d4Od>(b>(b>5>``84O9(95(6>j4G(fG4f4O>Oa>(f9G9(59(>qQf54a9`8_O(68O>G9V(>Oa4O`>b( 54(ke>(b>(=9`>V(>b(d>`8G(`eM5>b(b4O(>b9b(MG>9bN>4NGMg8`9b(>baG9ahN8`9b((d>5((f9]bV(c(`eM5>b(b4O(>b4b(68O>G95>b(>baG9ahN8`4bV(c>b4(>b(54(7Mb8`4(d>(59(G>g4G69(ke>(6>(f9G>`>(6ec(86f4Ga9Oa>J(,4(4aG4(f9G9G>b`9a9G(d>(>b9(G>g4G69V(>b(>5(f59O(d>(4Gd>O968>Oa4(68O>G4V(O4b4aG4b(O4(a>O>Q64b(eO(f59O(d>(4Gd>O968>Oa4(ke>(9Ga8`e5>(`4O(>5(6>d84(9678>Oa>V(`4O(59b9ea4G8d9d>b(9678>Oa95>b(59(>qf54a9`8_O(68O>G9V(c(>b>(f59O(d>(4Gd>O968>Oa4b>(O>`>b8a9(9(NG8a4b(>O()4546789J

!LX!LX!LX!LX!LX

&9G9(54b(ke>(a8>O>O(8Oa>Ghb(9(54(ke>(>baM(f9b9Od4(`4O()>GG469a4b4V(>O(>b9G>g4G69V(b>(d8j4(ke>(f4dG]9(=97>G(fG_GG4N9(d>5(`4OaG9a4(c(G>O4i9`8_O(d>5(`4OQaG9a4(9Oa>b(d>(ke>(b>(i>O^9O(54b(K(9n4b(f4G(KW(9n4bV(c(ke>(59(fG4GG4N9(O4(>G99ea46Ma8`9l(ke>(b>(a8>O>O(ke>(O>N4`89G(59b(fG_GG4N9b(d>(54b(̀ 4OaG9a4b(d>(̀ 4OQ`>b8_O(`4O(>5(a8ae59GV(c(9d>6MbV((d8`>(>b9(G>g4G69V(ke>(`e9Od4(b>(O>N4`8>O(59bfG_GG4N9b(b>(a8>O>O(ke>(O>N4`89G(Oe>i9b(̀ 4Od8`84O>b(ke>(6>j4G>O(59(f4b8`8_Od>5(>ba9d4(cV(ge>G9(d>(>b4V(ke>(fe>d9O(>ba975>`>Gb>(̀ 4OaG9fG>ba9`84O>b(>`4O_Q68`9b(9( g9i4G(d>5(>ba9d4(9d8`84O95>b(9( 59b( G>N95]9bV(>Oa4O`>bV(>ba9( G>g4G696>j4G9(59(f4b8`8_O(d>5("ba9d4(gG>Oa>(9(54b(f9Ga8`e59G>bV(f4Gke>(>5("ba9d4(̀ e9OQd4(i9(9(O>N4`89G(59b(fG_GG4N9b(d>(54b(`4OaG9a4b(68O>G4b(4(54b(a]ae54b(68O>G4bVa 8>O>( ke>( O>N4`89G( 6>j4G>b( `4Od8`84O>b( c( fe>d>( >q8N8G( 69c4G>b`4OaG9fG>ba9`84O>b(d8g>G>Oa>b(9(59b(G>N95]9bJ

,4(4aG4(86f4Ga9Oa>V(>b(59(5>N958^9`8_O(68O>G9V(f4Gke>(=4c(b>(>baM(̀ 4Oi8Ga8>Od4>O(eO(d>58a4(59(68O>G]9(85>N95J

.>bf>`a4(9(54b(a]ae54b(68O>G4bV(>ba9(G>g4G69(d8`>(ke>(̀ e9Od4(b>9O(MG>9b(68O>QG9b(d>(6Mb(d>(!SW(=>`aMG>9bV(>ba9b( b>( 59b(i9O(9(>OaG>N9G(9(f>Gb4O9b(ke>d>6e>baG>O(`9f9`8d9d(>`4O_68`9J(&9G9(>i8a9GV(`464(be`>d]9V(ke>(=97]9(f>GQb4O9b(O9aeG95>b(ke>(879O(c(b9`979O(eO(a]ae54(68O>G4V(b>(54(55>i9O(9(59(`9b9V(54Ne9Gd979O(c(5e>N4V(54(b9`979O(c(54(g>G8979O(>O(a4d9()4546789(95(6>j4G(f4ba4GVO4(>G9(>5("ba9d4(>5(ke>(54(g>G8979V(>G9(>5(f9Ga8`e59GJ

"Oa4O`>b(>ba9(G>g4G69(a8>O>(4aG4b(a>69b(86f4Ga9Oa>b(̀ 464(>b(59(>q8N>O`89(d>f_58^9b(f9G9(>5(`e6f5868>Oa4(d>(4758N9`84O>bV(>ba4(ge>(95N4(6ec(86f4Ga9Oa>ke>(8OaG4dej4(>ba9(G>g4G69V(ke>(95(ke>(5>(`4O`>d>O(>5(a8ae54(68O>G4(4(g8G6>(>5`4OaG9a4(d>(`4O`>b8_OV( 5>(f8d>O(f_58^9b(d>(`e6f5868>Oa4(f9G9(4758N9`84O>b68O>G9bV(9678>Oa95>bV(>O(>5(646>Oa4(ke>(5>(86f58ke>(59(̀ 9de`8d9dV(̀ e9Od4(5>9f58ke>O(6e5a9b(f9G9(ke>(O4(d>j>O(d>(f9N9GV(59b(6e5a9b(4(59b(̀ 4Ob>`e>O`89b(d>eO9(̀ 9de`8d9d(4(59b(4758N9`84O>b(9678>Oa95>bV(>ba4(ge>(eO(9i9O`>(6ec(86f4GQa9Oa>(f9G9(>5("ba9d4J

&9G9(>5("ba9d4V(a9678hO(95N4(6ec(86f4Ga9Oa>(>b(ke>(f4G(fG86>G9(i>^V(b>(d8`>59(9ea4G8d9d(68O>G9(fe>d>(`47G9G(f4G(59(g8b`958^9`8_OV(>baM(g9`e5a9d9(59(9ea4G8Qd9d(68O>G9(d>(`47G9G(f4G((59(g8b`958^9`8_O(d>(b>Ne868>Oa4(d>(a]ae54bV(f4Gke>>b4(a8>O>(eO(̀ 4ba4V(>Oa4O`>b(>5(a8ae59G(a>OdG]9(ke>(f9N9G(f4G(>b4b(b>Ne868>Oa4bJ%OaG4de`>(eO(`4O`>fa4(ke>(a4d4(>5(6eOd4(=9759(>O(a4d4b(54b(>b`>O9G84bV(ke>>b(59(G>bf4Ob97858d9d(b4`895(>6fG>b9G895V(`464(eO9(4758N9`8_O(9(59b(>6fG>b9bd>(9f58`9G(59(G>bf4Ob97858d9d((b4`895(>6fG>b9G895V(G>956>Oa>(>ba9(G>g4G69(9eOQke>(b>(̀ 9>(>O(69c4(d>(KW!LV(>b(eO9(6ec(7e>O9(G>g4G69V(ke>(59(i9O(9(G>f>a8G>O(>5(fG4c>`a4J(-4d4(>5(`4Oa>O8d4(54(i9O(9(G>f>a8G(>O(>5(fG4c>`a4(ke>(>baM`eGb9Od4(>O(>ba4b(646>Oa4b(>O(>5(`4ONG>b4V(c(c9(5>b(d8N4(f4G(kehJ

!LS!LS!LS!LS!LS

1>bfehb(d>(>ba9(G>g4G69(i8>O>(>5(f59O(d>(d>b9GG4554(d>(+9Oa4bV(c(9ke](O4bi964b(9(d>a>O>GV(f4Gke>(+9Oa4b(d>b`e7G8_(ke>(>5(9Ne9(>b(64j9d9V(i>O]964b`G>`8>Od4( `4O( eO9( 68O>G]9V( i>O]964b( `4O( eO9( d>7858d9d( 8Oba8ae`84O958d9dVi>O]964b(`4O(eO9(G>g4G69(d>`59G9d9(8Oba8ae`84O95V(b8O(>679GN4V(>5(N478>GO4+9Oa4b(d8`>(9ke](=9c(eO9(54`464a4G9(c(`464(a95(i964b(9(aG9a9G59V(c(>b4(>b7Mb8`96>Oa>( 54(ke>(b>(=9`>(>O(>5(f59O(d>5(d>b9GG4554V(>b(G>`4N>G(eO9(NG9OG>958d9dV(b8(eba>d>b(i>O(>5(̀ G>`868>Oa4(68O>G4(c9(̀ e9Od4(>OaG>(+9Oa4b(>O(KW!W=>64b(`G>`8d4(>O(fG4de``8_O(68O>G9(eO9(`4b9(86fG>b84O9Oa>J

)e95ke8>G(8O8`84(d>(N478>GO4(8O6>d89a96>Oa>(9fG4i>`=9(59(G>958d9d(c(59(`4OQi8>Ga>(>O(eO9(54`464a4G9(ke>((ge>(54(ke>(=8^4(b97896>Oa>(>5(N478>GO4(+9Oa4bVd>(55>i9G54(95(f59O(d>(d>b9GG4554(9(d>`8G(ke>(>ba964b(9Oa>(eO9(54`464a4G9V(5968O>G]9J(F(keh(fG4f4O>(>5(N478>GO4(+9Oa4b(>O(69a>G89(d>(59(54`464a4G9V(O46e`=4V(6Mb(78>O(9jeba>b(9(59(f45]a8`9(c(9(59(5>N8b59`8_OV(>ba4(>b(7Mb8`96>Oa>(54ke>(fG4f4O>(>O(>5(f59O(d>(d>b9GG4554V(fG4f4O>(=9`>G(59(>qf54a9`8_O(85]`8a9(d>68O>G95>bV(̀ 464(54(ke8>G>(>5(N478>GO4(9(=4cV(̀ 4Oi>Ga8G(59(>qf54a9`8_O(85]`8a9(>OeO(d>58a4(c(b>Ne8G(̀ 4O(54b(fG4NG969b(d>(5>N958^9`8_OV(f4Gke>(d>(a4d9b(69O>G9bV=9c(eO4b(fG4NG969b(f9G9(ke>(b>(5>N958`>O(54b(68O>G4b(ke>(>baMO(=9`8>Od4>qf54a9`8_O(85]`8a9J

)e9Od4(=9759O(d>(>qf54a9`8_O( 85]`8a9(>b( 86f4Ga9Oa>(=9`>G( 59(d8g>G>O`89`8_O>OaG>(>5(>qf54a9d4G(85]`8a4(c(59(68O>G]9(8Og4G695V(b4O(d4b(`4b9b(a4a956>Oa>(d8g>QG>Oa>bJ("5(>qf54a9d4G( 85]`8a4V(>b(>5(ke>(O4( a8>O>( a]ae54(f9G9(>qf54a9GV(>5(ke>>qf54a9(68O9b( b8O(ke>(>5("ba9d4( 5>(=9c9(d9d4(f>G68b4l(c(>5(d>( 59(68O>G]98Og4G695V(>b(9ke>5(ke>(a8>O>(a]ae54(68O>G4(f>G4(O4(`e6f5>(beb(`8>Ga9b(4758N9Q`84O>b(>O(d>b9GG4554(d>5(a]ae54V(>b9(d8g>G>O`89(>b(6ec(86f4Ga9Oa>l(9ke](>baMO9a9`9Od4(>b(95(ke>(O4(a8>O>(a]ae54V(9(59(>qf54a9`8_O(85]`8a9(d>(68O>G95>bl(95(ke>a8>O>(a]ae54(f>G4(O4(̀ e6f5>(59b(4758N9`84O>bV(b86f5>6>Oa>(5>(=9`>O(eO(fG4NG9Q69(d>(b>Ne868>Oa4(f9G9(ke>(`e6f59(59b(4758N9`84O>bV(f>G4V(>5(N478>GO4(>O69a>G89(d>(>ba9(54`464a4G9(>baM(a4a956>Oa>(d>d8`9d4(9(`4679a8G(59(68O>G]985]`8a9V(f4Gke>(4aG4(d>b`e7G868>Oa4(ke>(9`979O(d>(>Oa>G9Gb>V(>b(ke>(59(9`a8i8Qd9d(85]`8a9(4(b>9(b8O(a]ae54bV(59(>baMO(=9`8>Od4(N>Oa>(95(69GN>O(d>(59(5>cV(>Oa4OQ`>b(c9(d>b`e7G8>G4O(`464(b8(>5(9Ne9(ge>G9(64j9d9V(ke>(ke8>O>b(>baMO(=9`8>OQd4(59(9`a8i8d9d(85]`8a9(b4O(a4d9b(59b(4GN9O8^9`84O>b(95(69GN>O(d>(59(5>cV(f4G(>b454(ke8>G>O(`4Oi>Ga8G(>O(eO(d>58a4V(f>G4(G>956>Oa>(9ke]( 54(ke>(=9(g95a9d4(>bfG>b>O`89(d>5("ba9d4(>O(a4d9b(>b9b(̂ 4O9b(d4Od>(b>(=9`>(59(>qf54a9`8_O(d>(>b9g4G69J

"5(4aG4(fG4f_b8a4(d>5(N478>GO4(>bV(`464(5>b(d>`]9V(ke>(9(54b(ke>(b4O(d>(9`a8i8Qd9d>b(68O>G9b(8Og4G695>bV(f4O>G54b(c(4GN9O8^9G54b(c(ke>(`e6f59O(4758N9`84QO>bV(f>G4(>554b(b8(>baMO(`4O(a]ae54l(c(9(54b(85>N95>bV(55>i9G54b(9(eO(d>58a4(9(ke>b>9O(d>58O`e>Oa>b(>b9b(b4O(59b(f45]a8`9b(fH758`9b(>O(>b9(9`a8i8d9d(85]`8a9J

!LY!LY!LY!LY!LY

,4(4aG4V(>b(ke>(>5(N478>GO4(>O(>5(f59O(d>(d>b9GG4554V(̀ 464(b>(̀ 9>(59(G>g4G69V(>5N478>GO4(8Ob8ba>V(>O(ke>(>O(>5(geaeG4(O4(b>(i9(b>Ne8G(>OaG>N9Od4(68O>G95>b`464(b>(i>O]9O(>OaG>N9Od4V(fG86>G4(>O(>5(a8>6f4V(fG86>G4(>O(>5(d>G>`=4J("5N478>GO4(8Ob8ba>(>O(ke>(=9c9(`8>Ga4b(68O>G95>b(c(`8>Ga4b(MG>9b(N>4NGMg8`9b(ke>O4(b>(i9(b>Ne8G(>OaG>N9Od4(95(fG86>G4(ke>(55>Ne>V((ke>(b>(>OaG>N9O(9(aG9ihb(d>be79ba9bV( >b4( >b( `46f58`9d4V(f4Gke>( 54( ke>( b>( >baM( d8`8>Od4( >b( ke>( >b9bbe79ba9b(b>(59b(i9O(9((N9O9G(59b(NG9Od>b(6e5a8O9`84O95>b(c(O4(54b(f>ke>n4b(c54b(6>d89O4b(>qf54a9d4G>bV(>Oa4O`>bV(>b9(>b(eO9(`G]a8`9V(f>G4(>5(>bke>69(d>59b(be79ba9(>b(7e>O4V(>5(a>69(>b(ke>(O4(bh(g8O956>Oa>(ke8>O(i9(9(N9O9G(59bbe79ba9bV(f4Gke>(b>(i9O((G>N596>Oa9G(cV(b>NeG96>Oa>(5>b(i9O(9(f4O>G(`9f9`8Qd9d>b((>`4O_68`9b(f9G9(f4d>G(=9`>G(>qf54a9`8_OV(>Oa4O`>b(fe>d>O(ke>d9G(>O69O4b(d>(NG9Od>b(NGef4b(O9`84O95>b(>( 8Oa>GO9`84O95>bJ("5(fG4f_b8a4(=9`89geaeG4(>b(>b>J

,4(4aG4(ke>(>5(@478>GO4(d8`>(>bV(i4c(9(=9`>G(>5(f59O(d>(4Gd>O968>Oa4(68O>G4Vof4G(keh(>b(86f4Ga9Oa>pV(f4Gke>(`4OjeN9(54(ke>(ke8>G>(>5(f9]b(d>(>qf54a9`8_Od>OaG4(d>5(69G`4(d>5(6>d84(9678>Oa>V(d>OaG4(d>(eO9(>qf54a9`8_O(G9`84O95(d>5G>`eGb4(O9aeG95(c(>ba4V(>b(6ec(`59G4(f9G9(54b(8Oi>Gb84O8ba9b(f9G9(a4d4(>5(6eOQd4V(f9G9(=9`>G(i8N859O`89V(f9G9(=9`>G(`4OaG45(>b(6ec(86f4Ga9Oa>(>b>(f59O(d>4Gd>O968>Oa4(d>(>O(d4Od>(b8(c(O4V(f4d>64b(=9`>G(9`a8i8d9d(68O>G9(c(>b4V(i99(4GN9O8^9G(59(9`a8i8d9d(68O>G9(>O(>5(f9]bV(f>G4(54(>ba964b(>bf>G9Od4J

"5(4aG4(a>69(86f4Ga9Oa>V(c(g]j>Ob>(̀ 464(b4O(54b(g>O_6>O4b(8Oa>GO9`84O95>bV(b>9`e>Gd9O(eba>d>b(9(G9]^(d>(54(be`>d8d4(>O()=85>(̀ 4O(54b(68O>G4b(ke>(b>(ke>d9QG4O(9aG9f9d4b(c(ke>(ge>(>q8a4b4(f4Gke>(b958>G4O(i8i4bV(c(9(G9]^(d>(>b4(a4d4b(54bf9]b>b(b>(feb8>G4O(9(G>i8b9G(be(5>N8b59`8_O(d>(b>NeG8d9d(68O>G9(c(d>b`e7G864bVke>(>O()4546789(O4(=97]9(O8ONeO9(b9O`8_O(gG>Oa>(95(8O`e6f5868>Oa4(d>(b>NeQG8d9d(68O>G9(>q8N>Oa>(c(i864bV(ke>(>baM7964b(d>b96f9G9d4b(95(ke>(`e6f5959(b>NeG8d9d(68O>G9(f4Gke>(b86f5>6>Oa>(f4d]9O(G>ke>G8G54(c(6e5a9G54(c(i864bVd>(ke>(9=4G9(`454`9G4O(eO9(`9de`8d9d(95(`4OaG9a4V(8O`e6f58G(59b(O4G69b(d>b>NeG8d9d(68O>G9V(c(>b4(>G9(6ec(86f4Ga9Oa>(ke>(=97]9(ke>(>ba975>`>G54V(f4GQke>(>5(NG9O(fG475>69(d>(a4d4b(54b(d]9b(>b`e`=964b(f4G(54b(6>d84b(ke>(b>6eG8_(eO(68O>G4V(ke>(b>(`9c_( 59(68O9V(ke>(b>(9=4N9G4OV(>a`JV( a4d4(>b(eOfG475>69(d>(b>NeG8d9d(68O>G9(c(f4G(>b4V(54(feb8>G4O(`464(eO9(`9de`8d9d(4a>G68O9`8_O(d>( `4OaG9a4( >b( ke>(O4( `e6f59O( `4O( 59b(O4G69b(d>( b>NeG8d9d68O>G9(>O(>5(f9]bJ

"5(4aG4(a>69(86f4Ga9Oa>(>b(>5(b>Ne868>Oa4(9(59b(4758N9`84O>b(68O>G9bV(>5(N4Q78>GO4(a9678hO(a8>O>(>5(fG4f_b8a4(b>NHO(>5(f59O(d>(d>b9GG4554(d>(6>j4G9G(598Oba8ae`84O958d9dJ

"5(4aG4(a>69(86f4Ga9Oa>(d>5(N478>GO4(ke8>G>(>b(>O(59(f45]a8`9(fH758`9(>b(>ba9Q75>`>G(`4OaG45>b(9(59(`46>G`8958^9`8_O(d>(68O>G95>bV(a4d9i]9(O4(b>(b97>(ke>(>b54(ke>(b>(ke8>G>(̀ 4O(>5(̀ 4OaG45(d>(68O>G95>b(gG>Oa>(9(59(̀ 46>G`8958^9G4O(d>(>ba4bJ

!LR!LR!LR!LR!LR

"5(4aG4(a>69(d>(f45]a8`9(fe758`9V(>b(>ba975>`>G(ke>(>5(̀ 9G7_O(b>(=9N9(eO(̀ 9GNe>d8G>`a4V(>O(>5(`e95V(`464(>5(`9G7_O(>O(`8>Ga9(g4G69(>b(79ba9Oa>(`4Oa968O9Oa>>O(G]4bV(69G>bV(>a`JV(b47G>(a4d4(>O(be(aG9Obf4Ga>V(f9G9(>i8a9G(a>69b(9678>Oa9Q5>b(i9(9(G>N596>Oa9G(>5(̀ 9GNe>(d8G>`a4(d>5(̀ 9G7_O(>O(74`9(d>(68O9(f9G9(>g>`a4bd>(O4(b>Ne8G(`4O(54b(a>69b(9678>Oa95>b(G>f4Ga9d4bV(54(a8>O>O(`464(f45]a8`9fH758`9J

'aG9(f45]a8`9(fH758`9(>b(>5(a>69(9678>Oa95V(>5(a>69(9678>Oa95(=9ba9(59(g>`=9hG964b(de78a9a8i4bV(f>G4(c9(>O(>5(f59O(d>(d>b9GG4554(>ba975>`>(fG4=878`84O>bd>(>qf54a9G(>O(=e6>d95>b(>O(G>b>Gi9b(g4G>ba95>b(c(>O(fMG964bV(c9(=9c(eO9b>n95(`59G9(d>(ke>(>b4(d>7>(fG4=878Gb>J

,4(4aG4(d>(f45]a8`9(fH758`9(ke>(ke>d9(`4Ob8NO9d4(>b(54(d>(59b(G>N95]9bV(ke>(c9i>G>64b(̀ 464(ke>d4J

<964b(9(i>G(54(d>5(f59O(d>(d>b9GG4554(d>(+9Oa4b(ke>(>b(54(ke>(b>(=9(d>b9GG4Q559d4V(feOa4(f4G(feOa4J

%Oba8ae`84O958d9d(68O>G9J(?8G>O(>ba9( 8Oba8ae`84O958d9d(68O>G9V( a>O>64b(ke>>6f>^9G(`4O(59(f45]a8`9(fH758`9(>b(O9`84O95V(54b(d>f9Ga96>Oa4b(c(6eO8`8f84bO4(a8>O>O(O9d9(ke>(=9`>G(9ke]V(>b4(>b(O9`84O95V(c(>baM(`4Ob8NO9d9(>O(>5(f59Od>(d>b9GG4554(O9`84O95(ke>(>b(54(ke>(i864b(`464(9``84O>b(`4O`G>a9b(d8G8N8d9b9(59(68O>G]9J("5()4Of>b(a9678hO(fe>d>(d8`a9G(f45]a8`9b(68O>G9bV(f>G4(i>64bke>(O4(=9c()4Of>b(>O(9`a8i8d9d(68O>G9J(,9b(f45]a8`9b(68O8ba>G895>bV(95(?8O8bQaG4(d>(?8O9b(c("O>GN]9V( 5>( `4GG>bf4Od>(d8`a9G(f45]a8`9bV(OeO`9( 59( i964b(9>O`4OaG9G(>b`G8a9V(O4G6956>Oa>(b8>6fG>(54(ke>(be`>d>(>b(ke>(`e9Od4(54b(68QO8baG4b(8Oa>Gi8>O>O(>O(>5(̀ 4ONG>b4(4(>O(g4G4b(>b(̀ e9Od4(=9759O(d>(59(f45]a8`9(c`464(>b(a9O(d8OM68`9(O4(59(`4Ob8NO9O(>O(d4`e6>Oa4bJ(;Mb8`96>Oa>V(a4d9(59f45]a8`9(>baM(>O(>5(f59O(d>(d>b9GG4554V(f4G(>b4(=9c(ke>(=9`>G5>(b>Ne868>Oa4(9(54ke>(d8`>O(54b(68O8baG4b(f4Gke>(9=](>baMO(`4Ob8NO9Od4(eO9(f45]a8`9V(`464(>5`9b4(d>(=4c(ke>(>O(>5(f>G8_d8`4(>O(fG86>G9(fMN8O9(a8ae59G(m59(68O>G]9(85>N95`464(d>58a4mV(>b4(>b(eO9(f45]a8`9(fH758`9V(c(=9c(ke>(=9`>G5>(b>Ne868>Oa4(9(>b9f45]a8`9( fH758`9J

,9(f59O>9`8_O(68O>G9J(D9c(f59O>9`8_O(>O(>5(b>`a4G(68O>G4V(7Mb8`96>Oa>(>b9f59O>9`8_O(59(=9`>(59($&?"V(eO8d9d(d>(f59O>9`8_O(68O>G4(>O>GNha8`9V(f>G4=9ba9(>5(646>Oa4(O4(̀ 4O4^`4(>5(fG86>G(f59O(d>(9`a8i8d9d(68O>G9(>O(59(eO8d9dd>(f59O>9`8_OJ(FV( 59( f59O>9`8_O( a9678hO( >b( eO9( 9`a8i8d9d(O9`84O95V( O4( >bd>f9Ga96>Oa95V(O4(>b(6eO8`8f95J

->O>64b(ke>(a9678hO(=9c(4aG9(9ea4G8d9d(ke>(>bV(>5(9d68O8baG9d4G(d>5(G>`eGb468O>G4J(#e8>O(ke>d4(`464(9d68O8baG9d4G(d>(G>`eGb4(68O>G4(>b(59(0N>O`89*9`84O95(d>(?8O9bV(ke>(G>6f59^4(9(%ON>468O9bJ("b9(9N>O`89V(`e6f5>(59(geOQ`8_O(d>(9d68O8baG9G(>5(G>`eGb4(68O>G4V(`464(59(9N>O`89(O9`84O95(d>(f>aG_5>4b

!LZ!LZ!LZ!LZ!LZ

ke>(>b(59(0*D(d>(=8dG4`9G7eG4bV(ke>(>b(9(59(ke>(5>(̀ 4GG>bf4Od>(9d68O8baG9G(>5G>`eGb4V(`464(>5(("ba9d4(>b(>5(a8ae59G(d>(59(9`a8i8d9dV(9(>554b(5>b(`4GG>bf4Od>9d68O8baG9GV(ke>(>b(7Mb8`96>Oa>(>OaG>N9G54(>O(`4O`>b8_OV(>OaG>N9G54(9(59(>qQf54a9`8_O(ke8>O>b(>bahO(8Oa>G>b9d4bJ("Oa4O`>b(a>O>64bV(ke>(>5(9d68O8baG9d4Gd>5(G>`eGb4(O9aeG95(68O>G4(>b(O9`84O95V(>b(59(9N>O`89(O9`84O95(d>(68O9b(=4cke>(>b(59(ke>(b>(>O`9GN9(d>(>OaG>N9G(>5(G>`eGb4V(d>(i8N859G(ke>(b>(`e6f59O(59b4758N9`84O>b(>O(G>59`8_O(`4O(>b>(G>`eGb4J

->O>64b(4aG9(9ea4G8d9d(ke>(>b(59(0N>O`89(O9`84O95(d>(58`>O`89b(9678>Oa95>b(Q0*,0QV( ke>( >b( d>( `46f>a>O`89( O9`84O95V( >b( 59( ke>( `4O`>d>( 59b( 58`>O`89b9678>Oa95>bV(>O(59(9`a8i8d9d(68O>G9J

->O>64b(4aG9(9ea4G8d9d(ke>(>b(>5(?8O8ba>G84(d>5( %Oa>G84GV(of4G(keh(>b(4aG99ea4G8d9dpV(f4Gke>(>b(9Oa>(>554b(d4Od>(b>(d>7>(b458`8a9G(>5(aGM68a>(d>(̀ 4Obe5a9bfG>i89bV(b8(c4(i4c(9(=9`>G(eO9(>qf54a9`8_O(68O>G9V(a>ON4(ke>(8G(95(?8O8ba>G84d>5(%Oa>G84G(c(b458`8a9G5>l(b8(>O`e>OaG4(̀ 46eO8d9d>b(haO8`9b(>O(>5(MG>9(d>(>qf54Qa9`8_OV(a>ON4(ke>(b458`8a9G5>(eO(aGM68a>(d>(`4Obe5a9b(fG>i89b(`4O(>b9b(`46eO8Qd9d>bJ

-9678hO(a>O>64b(eO9b(9ea4G8d9d>b(d>(G>Ne59`8_OV(o`eM5>b(b4O(59b(9ea4G8d9d>bke>(G>Ne59O(59(9`a8i8d9d(68O>G9pV(>ba9(a9678hO(>b(d>(`46f>a>O`89(O9`84O95V>O(>ba>(`9b4(95()4ONG>b4V(95(?8O8ba>G84(d>(?8O9b(c(95(?8O8ba>G84(d>(?>d840678>Oa>V(G>Ne59O(59(9`a8i8d9d(68O>G9(`9d9(eO4V(d>(9`e>Gd4(9(be(`46f>a>OQ`89V(d8`a9O(O4G69b(jeG]d8`9b(>O(G>59`8_O(9(59(9`a8i8d9dJ

->O>64b(eO9b(9ea4G8d9d>b(d>(i8N859O`89(c(`4OaG45V(ke>(befe>ba96>Oa>(>b9b=9O(b8d4(59b(g9559b(d>5("ba9d4(>O(69a>G89(d>(`4OaG45(c(i8N859O`89(>O(59(9`a8i8d9d68O>G9(368G>O(59(̀ =4GG>G9(d>(>Oa8d9d>b(ke>(=9c(=9`8>Od4(i8N859O`89(c(̀ 4OaG45:J->O>64bU(?8O8ba>G84(d>(?8O9b(c("O>GN]9V(59(0N>O`89(*9`84O95(d>(?8O9bV(59b@47>GO9`84O>b(9(59b(ke>(b>(5>b(d>5>N9(9((i8N859O`89(68O>G9V(59b()4Gf4G9`84O>b0ea_O469b( .>N84O95>bV( 0*,0V( +ef>G8Oa>Od>O`89( d>( +4`8>d9d>bV+ef>G8Oa>Od>O`89(d>(%OdebaG89(c()46>G`84V(1>f9Ga96>Oa4(d>(&59O>9`8_O(*9Q`84O95V(c()4OaG954G]9(@>O>G95(d>(59(*9`8_OJ

)464(fe>d>O(i>GV(a>O>64b(eO9(`9Oa8d9d(d>(9ea4G8d9d>b(d>(i8N859O`89V(f>G4`9d9( eO9( `4O( be( G45J( &4G( >j>6f54V( >5(?8O8ba>G84( d>(?8O9b( c("O>GN]9( >b( 599ea4G8d9d(d>(̀ 4OaG45V(f>G4(>b9(9ea4G8d9d(b>(59(d>5>N9(9(59(0N>O`89(*9`84O95(d>?8O9bV(>Oa4O`>bV(59(0N>O`89(*9`84O95(d>(?8O9bV(>b(59(ke>(a>G68O9(i8N859Od4(>5`e6f5868>Oa4(d>(54b(a]ae54b(68O>G4bV(>5(̀ e6f5868>Oa4(d>(54b(̀ 4OaG9a4bV(ke>(=8^4>b9(0N>O`89(*9`84O95(d>(?8O9b(=4cV(`464(O4(a8>O>(59(`9f9`8d9d(d>(g8b`958^9G59(9`a8i8d9d(68O>G9(>O(`e9Oa4(95(`e6f5868>Oa4(d>(54b(`4OaG9a4b(c(54b(a]ae54bV>Oa4O`>b(̀ 4OaG9a_(d4b(>6fG>b9bV(d8i8d8_(>5(f9]b(9(O8i>5(68O>G4(>O(d4b(NGef4bV>5( NGef4( eO4V( >baM( `4Og4G69d4( f4G( >5( M678a4( d>( 0Oa84ke89V( -45869V)eOd8O969G`9(c(>5(NGef4(d4bV(<955>V(+9Oa9Od>G>bV(c(4aG4bJ()4OaG9a_(d4b(>6Q

!LT!LT!LT!LT!LT

fG>b9b( ke>( b>( i9O( 9( >O`9GN9G( d>( 59( g8b`958^9`8_OV( d>5( `e6f5868>Oa4( d>( 59b4758N9`84O>b(d>(54b(`4OaG9a4b(c(d>(54b(a]ae54b(68O>G4bJ("5(NGef4(eO4V(>b(eO`4Ob4G`84(ke>(b>(N9O_(59(58`8a9`8_O(9(aG9ihb(d>(A4O9d>V(ke>(>b(59(ke>(b>(i9(9>O`9GN9G(d>(g8b`958^9G(>b>(NGef4(eO4(d>(>6fG>b9b(d4Od>(i9O(9(8G(9(59b(68O9bVi9O(9(G>i8b9G(`e95>b(b4O(54b(`e6f5868>Oa4b(ke>(=9`>O(54b(a8ae59G>b(68O>G4b(d>beb(4758N9`84O>b(c(okeh(=9`>(>5(b>NeOd4(NGef4(7eG>9e(i>G8a9bpV(59b(d4b(>6fG>Qb9b(i9O(9(=9`>G(59(g8b`958^9`8_O(eO(f4`4(9(O467G>(c(f4G(`e>Oa9(d>(59(0N>O`89*9`84O95(?8O>G9V(>554b(O4(a8>O>O(g9`e5a9d>b(d>((b9O`84O9GV(b86f5>6>Oa>(54(ke>=9`>O(>b(i8b8a9G(59b(68O9bV(d9G(8Og4G6>bV(=9`>G5>(G>`46>Od9`84O>b(9(59(0N>OQ`89(*9`84O95(d>(?8O9b(f9G9(ke>(>ba9(9d4fa>(6>d8d9b(̀ 4OaG9(>5(a8ae59GV(̀ 4OaG9(>5ke>(a8>O>(>5(`4OaG9a4(d>(`4O`>b8_O(gG>Oa>(9(beb(8O`e6f5868>Oa4bV(>b9(>b(eO99`a8i8d9d(G>958^9d9(f4G(>554b(f>G4(9(g9i4G(d>(59(0N>O`89(*9`84O95(ke8>O(g8O95Q6>Oa>(i9(9(g8G69G(54b(9`a4b(9d68O8baG9a8i4b(f9G9(86f4O>G(b9O`84O>bV(86f4O>G6e5a9bV(`9de`8d9d(e(4Gd>O9G(`e95ke8>G(9`ae9`8_O(9d68O8baG9a8i9V(f>G4(59(g8b`9Q58^9`8_O(b>(i9(9(69O>j9G(f4G(54b(fG_q864b(d4b(9n4b(9b]V(=9ba9(>5(9n4(KJW!XV9b](i9(9(b>G(59(g8b`958^9`8_O(68O>G9V(`4O(d4b(>6fG>b9bV(ke>(`4OaG9a9G4O(`4O`4OaG9a4b(d>(6Mb(4(6>O4b((!XW(685(68554O>bJ(,9(9N>O`89(O9`84O95(68O>G9(O4a8>O>(59(`9f9`8d9d(d>(i8b8a9G(a4d9b(59b(68O9b(d>5(f9]bV(f4G(>b4(`4OaG9a9G4O(9>b9b(d4b(>6fG>b9bJ

,9b(d>5>N9`84O>b(a>GG8a4G895>bJ(D9c(N>Oa>(6ec(fG>4`ef9d9(f4Gke>(9(O8i>5(G>QN84O95(=97]9(eO9b(N47>GO9`84O>b(`4O(d>5>N9`84O>bV(>b4(b>(i9(9(9`979G(fGM`Qa8`96>Oa>(̀ 4O(>b9(g8b`958^9`8_OV(9=](>baMO(O>N4`89Od4(f4G(>j>6f54V(>O(0Oa84ke89b>(>baM(O>N4`89Od4(69Oa>O>G(59(d>5>N9`8_O(68O>G9(d>(59b(b>`G>a9G89b(d>(68O9bc(9b](be`>b8i96>Oa>(b>(>baM(=9`8>Od4(>O(4aG9b(G>N84O>bV(O4(b>(b97>(ke>(i9(9f9b9G(̀ 4O(>b9b(d>5>N9`84O>b(b8(d>b9f9G>`>O(4(O4V(54(̀ 8>Ga4(>b(ke>(b>(d>7>G]9O9`979G(>O(fG8O`8f84V(f4Gke>(c9(O4(=9G]9O(59(9`a8i8d9d(fG8O`8f95(d>(g8b`958^9Q`8_OV(ke>(>b4(54(=9G]9(eO(fG8i9d4(f9G9(59(9N>O`89(O9`84O95(68O>G9J

,4(4aG4(>b(59(0N>O`89(d>(58`>O`89bV(59b(`4Gf4G9`84O>b(9ea_O469b(a8>O>O(i8N8Q59O`89( >O( >5( `e6f5868>Oa4( 9678>Oa95( 4( b9O`84O9a4G84( 9678>Oa95( 9( 54b( ke>8O`e6f59O(59b(4758N9`84O>b(68O>G9bV(8Od>f>Od8>Oa>(d>(59b(b9O`84O>b(ke>(9d4fa>59(9ea4G8d9d(68O>G9J

,9( +ef>G8Oa>Od>O`89( d>( +4`8>d9d>bJ( -8>O>( i8N859O`89( b4`8>a9G89( 95( >Oa>b4`8>a9G84V(9(54b(68O>G4b(4GN9O8^9d4b(̀ 464(b4`8>d9d>bV(5>(̀ 4GG>bf4Od>(i8N859G>5(>Oa>(b4`8>a9G84J

%OdebaG89(c()46>G`84J("ba9(O4(>b(6e`=4V(f>G4(a9678hO(a>OdG]9(95NeO9b(g9`e5Qa9d>b(d>(i8N859O`89(d>(59(9`a8i8d9d(68O>G9J

"5(d>f9Ga96>Oa4(*9`84O95(d>(&59O>9`8_OJ(&>G4(f9G9(54b(G>`eGb4b(68O>G4b(f9G9>5(eb4V(>5(d>ba8O4(d>(54b(G>`eGb4b(d>(G>N95]9b(59(9ea4G8d9d(`46f>a>Oa>(d>(i8N8Q59O`89(d>(59b(G>N95]9b(>b(1*&J

!XW!XW!XW!XW!XW

,9()4OaG954G]9J(A8O956>Oa>V(b>(97G4N9G4O(g9`e5a9d>b(f9G9(i8N859G(O4(b4596>Oa>>5(d>ba8O4(d>(59b(G>N95]9bV(`464(b4O(G>`eGb4b(fH758`4bV(b8O4(a9678hOV(59(ge>Oa>>5(8ONG>b4V(`_64(b>(>baMO(58ke8d9Od4(59b(G>N95]9b(eba>d>b(a9678hO(a8>O>O(>b9geO`8_OV(9(G9]^(d>(eO9(Oe>i9(eO8d9d(ke>(`G>9G4O(f9G9(>b>(>g>`a4J

A8O956>Oa>V(>O`4OaG964b(ke>(>O()4546789(b>(>baM(=9`8>Od4(95N4(d>(fG464Q`8_O(68O>G9V(9ke](b>(=9(d>j9d4(b454b(9(59(f>ke>n9(c(6>d89O9(68O>G]9V(59(NG9O68O>G]9(O4(O>`>b8a9(fG464`8_OV(f>G4(=9c(95NeO4b(fG4c>`a4b(ke>(b>(=9O(d>b9QGG4559d4(>O(>5(f9]b(d>(fG464`8_O(68O>G9V(f>G4(>b(eO(a>69(95(ke>(=9c(ke>d>d8`9Gb>V(b47G>(a4d4(9(59(f>ke>n9(c(6>d89O9(68O>G]9(d>5(f9]bJ

"ba4(>b(eO(f4`4(>5(a>69(d>(59(8Oba8ae`84O958d9d(68O>G9(ke>(>G9(86f4Ga9Oa>a>O>G59(>O(̀ e>Oa9J

o)eM5>b(b4O(59b(MG>9b(>baG9ahN8`9b(c(`eM5>b(54b(68O>G95>b(>baG9ahN8`4bpV(>ba4bb4O(c(=9`89(>5(geaeG4(b>(i9O(9(>OaG>N9G(f4G(be79ba9(O4(f4G(>5(fG86>G4(>O(>5a8>6f4V(O8(fG86>G4(>O(>5(d>G>`=4V(b8O4(f4G(be79ba9V(`e95>b(b4OU(4G4V(f59a8O4V`47G>V(g4bg9a4V(f4a9b84V(69NO>b84V(`9G7_OV(eG9O84V(=8>GG4(c(`45aMOV(of4G(kehpVf4Gke>(>ba4b(b4O(54b(68O>G95>b(ke>(b>(>baMO(ea858^9Od4(6Mb(>O(59(8OdebaG896eOd895V(f4Gke>(b4O(54b(68O>G95>b(ke>(>baMO(̀ G>`8>Od4(>O(beb(fG>`84b(8Oa>GO9Q`84O95>bV(>Oa4O`>b(b>(ie>5i>O(f9G9(>5("ba9d4(>baG9ahN8`4bV(>Oa4O`>b(54b(>OaG>QN9O( `4O( eO9( be79ba9( 95(6>j4G( f4ba4GV( 95( ke>( 5>( d>(6>j4G>b( `4Od8`84O>b( cN9G9Oa]9b( 95( "ba9d4( d>( >OaG>N9G5>( 59( >qf54G9`8_O( c( 59( >qf54a9`8_O( d>( >ba4bG>`eGb4bV(54(68b64(i9(9(be`>d>G(`4O(59b(MG>9b(N>4NGMg8`9bV(b>(i9O(9(d>`59G9GS!S(MG>9b(N>4NGMg8`9b(̀ 464(>baG9ahN8`9bV(>OaG>(>559b(b>(d>ba9`9(9(59('G8O4ke]9c(59(069^4O]9V(`464(MG>9b(>baG9a>N89b(ke>(O4(b>(i9O(9(>OaG>N9G(`464(>G9aG9d8`84O956>Oa>V(95(ke>(fG86>G4(55>N9G9(9(%ON>468O9b(4(9(59(0N>O`89(*9`84QO95(?8O>G9V(b8O4(a9678hO(f4G(be79ba9V(`4O(eO9b(`4Od8`84O>b(d>(>qf54a9`8_OVd>(`e6f5868>Oa4(d>(G>N59bV(>b4(>b(7Mb8`96>Oa>(G>bf>`a4(9(59b(MG>9bJ

"O(`e9Oa4(95(`4OaG45V(c9(54(i864bV(=>64b(8Oa>Gi>O8d4(6e`=4(>O(>5(a>69(d>`4OaG45(d>(68O>G]9(85>N95V(59(5>c(d>(b>NeG8d9d(`8ed9d9O9V(ke>(>b(59(5>c(!XSLV9=](>ba975>`864b(eO9b(O4G69b(f9G9(`4OaG459G(59(9`a8i8d9dV(a9678hO(54(=8`864b>O(59(5>c(9Oa8`4GGef`8_OV(a>O>64b(95N4(>O(59(5>c(d>(i]`a869b(c(d>(G>ba8ae`8_O(d>a8>GG9bV(a>O>64b(eO(d>`G>a4(d>(̀ 4OaG45(d>(59(85>N958d9d(68O>G9(c(=4cV(c9(i964b9(a>O>64b(=9`89(geaeG4(eO(a8f4(f>O95V(a>O>64b(O4G69bV(c(O4G69b(d>(`4OaG45Vf>G4(59(i>Gd9d(>b(oke8hO(i9(9(=9`>G(>g>`a8i4(d>(ke>(O4(b>(b8N9(>O()4546789`4O(68O>G]9(85>N95pV(>b9(>b(59(fG>NeOa9J

"5(a>69(9678>Oa95V(=9c(̀ 4Ob>Ob4(N>O>G958^9d4V(>ba4(>baM(>O(>5(f59O(d>(d>b9GG4Q554V(d>(ke>(b>(a8>O>(ke>(fG4=878G(9`a8i8d9d>b(68O>G9b(>O(^4O9b(d>(fMG964Vo`eM5(>b(>5(fG475>69(ke>(>baM(f9b9Od4(=4c(>O()4546789(>O(69a>G89(9678>OQa95pV(ke>(>b(54(ke>(O4(be`>d>(>O(4aG4b(f9]b>bV(i8>O>(95Ne8>O(=4c(c(5>(f8d>(9(590N>O`89(*9`84O95(?8O>G9(d>6>(eO(a]ae54(68O>G4(f9G9(>qf54a9GV(d>bfehb(ke>(5>

!X!!X!!X!!X!!X!

d9O(>5(a]ae54V(i9(9(59(9ea4G8d9d(9678>Oa95(9(f>d8G(59(58`>O`89(9678>Oa95(c(b>(59O8>N9OV(>Oa4O`>b(ke>(=9`>(>b>(>6fG>b9G84V(fe>bV(ke>d9Gb>(̀ 4O(eO(a]ae54(ke>(54HO8`4(ke>(fe>d>(=9`>G(>b(>O69G`9G54V(O4(fe>d>(=9`>G(O8ONeO9(>qf54a9`8_O9678>Oa95(b8O(59(58`>O`89(9678>Oa95V(>Oa4O`>b(b4O(b>n95>b(6ec(>ke8i4`9d9bV>Oa4O`>b(ke>(=9`>O(4aG4b(f9]b>bV(>OaG>N9O(>5(a]ae54(fG4i8b84O956>Oa>(68>OaG9bke>(>5(a8ae59G(aG968a9(59(58`>O`89(9678>Oa95V(>b4(>b(6e`=4(6Mb(b>G84(d>(54(ke>f9b9(9ke]V(=9c(eO(`9b4(ke>(4`eGG8_(>O(+9Oa9Od>GV(>b>(>b(>5(fG475>69(d>(599ea4G8d9d(68O>G9V(>OaG>N9O(a]ae54bV(`464(O4(=9c(eO(f59O(d>(4Gd>O968>Oa468O>G4(ke>(8Od8ke>V(>Oa4O`>bV(>5(fG475>69(>b(ke>(>OaG>N9O(a]ae54b(b8O(>b9b`4Ob8d>G9`84O>bV(>Oa4O`>b(>5(ke>(47a8>O>(>5(a]ae54(68O>G4(̀ G>>(ke>(c9(a8>O>(54bd>G>`=4b(f5>O4b(d>(>qf54a9`8_O(c(b>(>O`e>OaG9O(̀ 4O(>ba9b(b4GfG>b9bJ("Oa4O`>b9ke](d>7>(=97>G(eO(̀ 96784V(ke>(>b(54(ke>(b>(>baM(7eb`9Od4V(d>(ke>(̀ e9Od4(b>`4O`>d9O(a]ae54b(68O>G4b(a>ON9O(>ba9b(`4Ob8d>G9`84O>b(9678>Oa95>b(f9G9(>i8Qa9G5>(95(ke>(5>(`4O`>d9O(>5(a]ae54V(f4Gke>(`e9Od4(>5(>ba9d4(`4O`>d>(eO(a]ae5468O>G4(5>(>baM(d8`8>Od4(>qf54a>V(c(G>be5a9(ke>(d>bfehb(5>(d8`>O(O4V(O4(fe>d>O>qf54a9GV(>Oa4O`>b(>O(keh(ke>d9(>5(a]ae54V(>b4(>b(eO(f4`4(>5(fG475>69(ke>(f9b4>O(+9Oa9Od>Gl(>5(a>69(d>(54b(=e6>d95>b(ke>(=9c(ke>(fG4a>N>GV(f4Gke>(>b(>59Ne9(d>()4546789V(>O(`8>Ga9(g4G69(a9678hO(59(b>n95(>b(d>(fG4=878G(59(>qf54a9Q`8_O(68O>G9(>O(=e6>d95>bJ

->O>64b(a9678hO(59b(G>b>Gi9b(g4G>ba95>bV(59(8d>9(>b(ke>(O4(=9c9(bebaG9``8_O(d>G>b>Gi9b(g4G>ba95>bV(ke>(O4(=9c9(>qf54a9`8_O(>O(G>b>Gi9b(g4G>ba95>bV(>5(`_d8N49Oa>G84G(4(>5(9`ae95(f>G68a>(bebaG9>G(MG>9b(c(=9`>G5>(eO9(>qf54a9`8_O(>bf>`895Vf>G4(G>956>Oa>(59(b>n95(>b(ke>(O8(b8ke8>G9(b>(fe>d>(=9`>G(bebaG9``8_O(d>(MG>9d>(G>b>Gi9( g4G>ba95V(b8O4(ke>(G>956>Oa>V(ke>d9(fG4=878d9( 59(>qf54a9`8_O(d>MG>9b(>O(G>b>Gi9b(g4G>ba95>bV(>b9(>b(59(b>n95V(f>G4V(9`ae956>Oa>((b>(f>G68a>=9`>G(>qf54a9`8_O(68O>G9(>O(G>b>Gi9b(g4G>ba95>b(`e9Od4(b>(bebaG98N9V(f>G4(59bebaG9``8_OV(59(=9`>(>5(?8O8ba>G84(d>5(?>d84(0678>Oa>(c(>5(?8O8ba>G84(d>(?8O9b`4O(%ON>468O9b(4(59(0N>O`89(*9`84O95(d>(?8O9bV(a8>O>O(ke>(̀ 44Gd8O9G(d>(ke>59(>qf54a9`8_O(68O>G9(>O(>b9b(MG>9b(d>(G>b>Gi9(g4G>ba95(b>(=9N9(>O(eO9b(̀ 4Od8Q`84O>b(>bf>`895>b(f9G9(O4(fG4a>N>G(54b(>`4b8ba>69bV(>a`JV(f>G4(59(b>n95(d>5(f59Od>(d>b9GG4554(>b(fG4=878GJ

"5(a>69(9678>Oa95V(ke>(b8(O4(>q8ba>(59(f5>O9(`44Gd8O9`8_O(d>(59b(d4b(9ea4G8d9Qd>b(68O>G9b(c(6>d84(9678>Oa>V(ke8>G4(9i959G(59(8Og4G69`8_O(d>(59()4OaG954G]9d>(ke>(>5(f9]b(>O(69a>G89(9678>Oa95(>baM(>O(G8>bN4(c(59(i>Gd9d(>b(ke>(b]V(f>G4>ba964b(>O(G8>bN4(f4G(59(68O>G]9(85]`8a9V(ke>(>b9(>b(59(6Mb(NG9i>V(>b(59(ke>(O4>baM(`e9Oa8g8`9d9V(59(ke>(O4(a>O>64b(>O(587G4bV(59(ke>(O4(a>O>64b(>O(`e>Oa9bV>b9(>bV(f4G(>b4(59(f45]a8`9(>baM(a4d9(>Og4`9d9(=9`89(59(68O>G]9(85>N95J

"O(69a>G89(d>(G>N95]9bV(b>(=8^4(eO9(G>g4G69(9(59(`4Oba8ae`8_O(>O(>5(9`a4(5>N8bQ59a8i4(*4(S(d>(KW!!V( 5>b( 9d>59Oa4(ke>(>b>(9`a4( 5>N8b59a8i4V(O4( G>g4G64(>58ONG>b4(d>(59b(G>N95]9bV(O4(=8^4(O8ONHO(`96784V(>5(HO8`4(`96784(ke>(=8^4(9(59)4Oba8ae`8_O(ge>(>5((eb4(c(>5(d>ba8O4(d>(59b(G>N95]9b(b47G>(59(d8baG87e`8_O(d>(59b

!XK!XK!XK!XK!XK

G>N95]9bV(59(G>g4G69(9(59b(G>N95]9b(O4(b>(6>a8_(>O(54b(f4G`>Oa9j>b(ke>(a8>O>(ke>f9N9G(54b(a8ae59G>b(68O>G4bV(>O(>b4(O4(b>(=9(6>a8d4V(b>Ne864b(`4O(54(68b64J,4(ke>(=8^4(59(G>g4G69V(=9c(ke>(9`59G9G(ke>(59b(G>N95M8b(b>(aG9a9(d>(d4b(feOa4bd>(i8ba9U(59b(G>N95]9b(`464(ge>Oa>(4(8ONG>b4(fH758`4(c(59b(G>N95]9b(`464(d>ba8QO4J("5(eb4(4(59(d8baG87e`8_OV(59(G>g4G69(54(ke>(=8^4(ge>(a4`9G(>5(d>ba8O4(d>(59bG>N95]9b(=9`89(d4Od>(b>(a8>O>O(ke>(d8baG87e8G(>b4b(G>`eGb4bJ

AG>Oa>(9( >b4(ke>(i9G89b( `4b9b(ke>( be`>d8>G4OV(eO4(ke>( 59( `4Oba8ae`8_O(d>)4546789(d>(!ZZY(OeO`9(6>O`84O_(O9d9(d>(G>N95]9bV(b454(i8O4(9(6>O`84O9G95N4(d>(G>N95]9b(>O(59()4Oba8ae`8_O(d>(!TT!(cV(>5(9`a4(5>N8b59a8i4(*4J(WS(54(ke>=9`>(>bV(b86f5>6>Oa>(G>g4G69G(>5(d>ba8O4(4(59(d8baG87e`8_O(d>(59b(G>N95]9bJ(o#eh>b(54(ke>d9(d>(59(`4Oba8ae`8_O(9Oa>G84G(c(d>(59(Oe>i9pV(9eOke>(=e74(G>g4G69ke>d9V(ke>(>5("ba9d4(>b(>5(fG4f8>a9G84(d>5(be7be>54(>b4(O4(`96789(c(ke>(54bG>`eGb4b(O9aeG95>b(O4(G>O4i975>bV(>b4(O4(=9(̀ 96789d4V(ke>(59(5>c(d>a>G68O9GM59b(`4Od8`84O>b(d>(>qf54a9`8_O(d>(54b(G>`eGb4(O9aeG95>b(O4(G>O4i975>bV(>b4b8Ne>(54(68b64(>O(59(`4Oba8ae`8_O(cV(59(5>c(ke>(>ba975>`>(59(>qf54a9`8_O(d>(54bG>`eGb4b(O9aeG95>bV(>O(>ba>(`9b4(>b(>5(`_d8N4(d>(68O9bJ((,9b(G>N95]9b(b8Ne>Ob8>Od4(eO9(`4OaG9fG>ba9`8_O(>`4O_68`9V(>b4(54(d8`>(59(`4Oba8ae`8_OV(59b(G>N9Q5]9b(b>(`9eb9O(9(g9i4G(d>5("ba9d4V(>b4(b8>6fG>(>q8ba]9(>O(59(`4Oba8ae`8_O(d>5(T!c(`4O(59(G>g4G69(a9678hOV(9(g9i4G(d>5("ba9d4V(f4Gke>(=9c(95NeO4b(ke>(d8`>Oke>(59b(G>N95]9b(9(g9i4G(d>(59(*9`8_O(c(`4OgeOd>O(`4O`>fa4(d>(O9`8_O(c(d>>ba9d4J(,9(O9`8_OV(>b(>5(4Gd>O(̀ >OaG95l(>5("ba9d4V(>b(a4d4(8O`5ec>Od4(54b(>Oa>ba>GG8a4G895>bV(>Oa4O>bV("ba9d4(8O`5ec>(O9`8_O(c(>Oa>b(a>GG8a4G895>bV(ke8>G>(d>`8GVke>(̀ e9Od4(d8`>(ke>(b>(̀ 9eb9O(9(g9i4G(d>5("ba9d4V(b>(>baMO(G>g8G8>Od4(9(a4d4bV9(59(O9`8_OV(9(54b(>Oa>b(a>GG8a4G895>bV(f4G(>b4(>b(ke>(54b(>Oa>b(a>GG8a4G895>b(a8>O>d>G>`=4(9(59b(G>N95]9bJ

A8O956>Oa>V(b>(5>b(d9(eO4b(d>G>`=4b(>bf>`895>b(9(54b(fG4de`a4G>bV(9(54b(6eO8Q`8f84bV(b>(5>b(b8Ne>(G>`4O4`8>Od4(beb(d>G>`=4b((c(ke>(a>ON9O(fe>Ga4b(69G]a8Q64b(g5ei895>b(68O>G4b(a9678hOV(b>(5>b(b8Ne>(G>`4O4`8>Od4(beb(d>G>`=4bJ

o#eh(>b(54(ke>(̀ 96784(G>956>Oa>(>O(59(̀ 4Oba8ae`8_O(d>5(T!(c(59(d>5(KWW!pV(ke>59(d>5(T!V(>ba975>`]9(eO9(d8baG87e`8_O(d>(59b(G>N95M8b(b8O(f4G`>Oa9j>V(b86f5>6>OQa>(b>(d>`]9(G>N95]9b(d8G>`a9b(c(G>N95]9b(8Od8G>`a9bJ(,9b(d8G>`a9bV(i9O(9(54b(6eO8Q`8f84b(fG4de`a4G>bV(c(59b(8Od8G>`a9b(i9O(9(eO(g4Od4V(c(9b]V(b>(d>`]9(>O(59(`4ObQa8ae`8_O(d>5(T!l(okeh(f9b9(`4O(59((G>g4G69pV(b>(>ba975>`>(59(d8baG87e`8_O(c9(O4`464(d8G>`a9b(4(8Od8G>`a9bV(b8O4(ke>V(54(>ba975>`>(f4G(f4G`>Oa9j>b(c(9(O8i>5(d>g4Od4bV(g4Od4b((d>ba8O9d4b(59b(G>N95]9b(c(̀ 4O(f4G`>Oa9j>b(fG>i896>Oa>(>ba975>Q`8d4b(f4G( 59(`4Oba8ae`8_OJ(,9(`4Oba8ae`8_O(d>5(T!(O4(>ba975>`]9(f4G`>Oa9j>b>bf>`]g8`4bV(9ke]( c9(i>64bV( `4O( 59( G>g4G69(d>( 59( `4Oba8ae`8_OV(f4G`>Oa9j>b>bf>`]g8`4b(d>(59b(G>N95]9bJ

(D4c( b>(=9759(d>(eO( b8ba>69(N>O>G95( d>( G>N95]9bV( d4Od>(=9c(eO9( b>G8>(d>g4Od4bV(g4Od4(d>(>ba97858^9`8_O(G>N84O95V(g4Od4b(f9G9(̀ 8>O`89(c(a>`O454N]9(̀ 9d9

!XL!XL!XL!XL!XL

eO4(`4O(beb(f4G`>Oa9j>bV(g4Od4b(ke>(b4O(d4Od>(b>(d>ba8O9O(c(d4Od>(b>(d8baG8Q7ec>O(59b(G>N95]9b(`4O(f4G`>Oa9j>b(>ba975>`8d4b(f4G(59(`4Oba8ae`8_OJ

,9(4aG9(d8g>G>O`89(86f4Ga9Oa>(>bV(ke>(b>(9`59G_(ke>(54b(G>`eGb4b(d>5(b8ba>69N>O>G95(d>(G>N95]9b(O4(=9`>O(f9Ga>(d>5(b8ba>69(N>O>G95(d>(f9Ga8`8f9`8_OV(>b4O4(a8>O>(O9d9(ke>(i>G(54(eO4(`4O(54(4aG4J

,4(4aG4(86f4Ga9Oa>(d>(G>g4G69V(>b(ke>V(>O(59(̀ 4Oba8ae`8_O(d>5(T!V(b>(6>O`84O9Q79(7Mb8`96>Oa>(9(d4Od>(b>(a>O]9O(ke>(8G(54b(G>`eGb4b(d>5(A4Od4(*9`84O95(d>.>N95]9bV(ke>(O4G6956>Oa>V(b>(d>`]9(ke>(879(9(fG464`8_O(68O>G9(9(6>d849678>Oa>V(>b4(c9(ke>d_(>5868O9d4(c(b>(>5868O_(>5(g4Od4(*9`84O95(d>(.>N95]9bf4G(i]9(`4Oba8ae`84O95J

"Oa4O`>b(okeh(>b(54(ke>(b>(̀ G>9(̀ 464(Oe>i4(̀ 4O(>5(9`a4(5>N8b59a8i4(*4J(WS(ke>G>g4G6_(59(`4Oba8ae`8_OpV(eO4b(_GN9O4b(`45>N89d4b(ke>(b4O(54b(ke>(b>(i9O(9>O`9GN9GV(ke>(b>(55969O(_GN9O4b(`45>N89d4b(d>(9d68O8baG9`8_O(c(d>`8b8_O(d>59b(G>N95]9bV(59b(')01J(+4O(G>N84O95>b(ke>(b4O(54b(ke>(i9O(9(a469G(d>`8b84O>bd>(9fG479G(fG4c>`a4b(c(d4Od>(i9(d8G8N8d9(59(8Oi>Gb8_O(d>(G>N95]9bV(d4Od>(a8>O>O9b8>Oa4(d>5>N9d4b(d>5(N478>GO4(d>f9Ga96>Oa95V(6eO8`8f95(c(O9`84O95V(c(i9O(9a469G(d>`8b84O>b(d>(9fG479G(fG4c>`a4bV(b>(=9(d8b`ea8d4(6e`=4(59(4f>G9a8i8d9dd>(>ba4(_GN9O4bV(b8O(>679GN4V(b4O(_GN9O4b(`G>9d4b(f4G(`4Oba8ae`8_O(c(>baMOG>N596>Oa9d4b(f4G(59(5>c(d>(G>N95]9b(9`ae95J

"5(4aG4(NG9O(fG475>69(d>(G>N95]9b(>O(>5(f9b9d4V(>b(ke>(a>O]964b(eO(b8ba>69(d>`4OaG45V( a>O]964b( eO9b( 9ed8a4G89b( ke>( `4OaG9a_( >5( (1*&V( f9G9( i8N859G( b8( b>`e6f5]9(`4O(59b(O4G69b(d>5(d>ba8O4(d>5(`e6f5868>Oa4(c(>j>`e`8_O(d>(59b(8Oi>GQb84O>bV(f>G4(>b>V(>G9(eO(̀ 4OaG45(f4ba>G84G(c(O4(fG>i84V(̀ e9Od4(55>N979O(9(=9`>G59(9ed8a4G]9(c9(>5(d9n4(>ba979(=>`=4(=9`]9(G9a4V(O4(a>O]9O(O8(b8ke8>G9(g9`e5a9Qd>b(d>(=9`>G(bebf>Ob8_O(d>(N8G4(d>(59b(G>N95]9bV(>Oa4O`>bV(9=4G9(b>(`G>9(f9G96>j4G9G(>5(̀ 4OaG45(c(i8N859O`89(d>(59b(G>N95]9bJ(+>(̀ G>9(eO(b8ba>69(d>(64O8a4G>4Vb>Ne868>Oa4(c(̀ 4OaG45V(c(>i95e9`8_O(d>(59b(G>N95]9bl(c(>5(>O`9GN9d4(f4G(5>c(b>G]9>5(1*&V(f>G4(eba>d>b(`464(`4OaG954G]9(=9G]9O(f9Ga>(d>(>b>(b8ba>69J

"bf>G964b(ke>(>ba>(b8ba>69(6>j4G>(f4G(eO9(G9^_OV(f4Gke>(>5(1*&((ke>d4g9`e5a9d4(f9G9(=9`>G(`4OaG45(fG>i84V(O4(f4ba>G84G(c(>b4(i9(9(9ced9G(6e`=4f9G9(>5(̀ 4OaG45J(A8O956>Oa>V(̀ G>4(ke>(eba>d>b(a8>O>O(g9`e5a9d>b(d>(̀ 4OaG45V(f>G4`G>4(ke>(i9(9(b>G(f4ba>G84GV(f>G4(eba>d>b(54(ke>(a8>O>O(ke>(i8N859G(>b(ke>(1*&=9N9O(>5(̀ 4OaG45(fG>i84(95(d>ba8O4(c(̀ 4OaG45(d>(59b(G>N95]9bV(c(̀ 4O(59b(g9`e5a9d>bd>(bebf>Od>G(N8G4bV(d>(=9`>G(G>i>Gb9G(G>`eGb4b(f4G(i]9(̀ 4Oba8ae`84O95(c(5>N95(d>59(i8N859O`89(c(`4OaG45V(fe>b(6>j4G>(>5(d>ba8O4(d>(59b(G>N95]9bV(4j959(b>(d>(>b4J"ba>(9`a4(5>N8b59a8i4V(ke>d4(G>N596>Oa9d4(f4G(eO(d>`G>a4(5>c(ke>(59(68b69`4Oba8ae`8_O(d8j4(bMke>54(b8(O4(b95>( 59( 5>cJ(,9( 5>c( g8O956>Oa>(O4(b958_(>O(>5a8>6f4(c(>Oa4O`>bV(5>b(a4`4(b9`9G(eO(d>`G>a4V(f>G4(>b>(d>`G>a4(aei4(i8N>O`89=9ba9(ke>(b958_(59(5>cJ(,9(5>c(ke>(G>N596>Oa9(59(d8baG87e`8_O(d>(G>N95]9b(=4c(>b

!XX!XX!XX!XX!XX

59(!SLW(d>5(KW!KV(ke>(>b(59(ke>(d>b9GG4559(59(`4Oba8ae`8_O(g8O956>Oa>V(c(ke>b958_(>ba>(9n4J

D9c(95N4(6ec(86f4Ga9Oa>V(>b(ke>(59b(G>N95]9b(O4(=9`>O(f9Ga>(d>5(fG>befe>ba4N>O>G95(O9`84O95V(f>G4(b8(a8>O>(be(fG4f84(fG>befe>ba4(9fG479d4(f4G(>5()4ONG>Qb4V(b>(55969(fG>befe>ba4(N>O>G95(d>(G>N95]9bV(>baM(b>f9G9d4(d>5(fG>befe>ba4N>O>G95V(f>G4(O4(ke8>G>(d>`8G(ke>(O4(b>9(9fG479d4(>5(fG>befe>ba4(d>(G>N95]9bV>b(d>`8GV(b4O(d4b(fG>befe>ba4b(ke>(a8>O>(ke>(9fG479G(>5()4ONG>b4J(F9(59(b>69QO9(f9b9d9(>5( `4ONG>b4(9fG47_(>5(fG>befe>ba4(N>O>G95( d>( G>N95]9bV(f9G9( 59i8N>O`89(geaeG9(c(i9(9(G>N8G(f4G(d4b(9n4bJ("b(86f4Ga9Oa>(a>O>G(>O(`e>Oa9V(ke>`e95ke8>G(i8N859O`89(fG>befe>ba95(>b(>O(G>59`8_O(`4O(>b>(fG>befe>ba4J

"ba4(>b(9(NG9Od>b(G9bN4b(59(d8baG87e`8_O(d>(59b(G>N95]9bV(9ke](c9(b>(G>f9Ga8>G4O59(f59a9V((d8N964bV(>baM(>5(a>69(d>(g8b`958^9`8_O(9(c9`868>Oa4bV(>ba4(>baM(a4a95Q6>Oa>(G>f9Ga8d4(>5(a>69(d>(f59a9V(f>G4(59(̀ G8a8`9(ke>(b>(>baM(=9`8>Od4(̀ 4O(>ba9d8baG87e`8_O(d>(G>N95]9bV(>b(ke>(b8>6fG>(b>(7eb`_(ke>(59(d8baG87e`8_O(d>(G9N5]9bO4(b>(9a468`>V(ke>(O4(b>9(f9G9(fG4c>`a8`4bV(b8O4(ke>(b>9(f9G9(fG4c>`a4b(d>NG9O(86f9`a4(O9`84O95V(G>N84O95(c(54`95J("Oa4O`>bV(>5(fG475>69(>b(ke>(ke8b8Q64b(=9`>G(eO9(G>g4G69((f9G9(ke>(ge>G9(9b]V(f>G4(O4(b>(i9(9(54NG9G(>b>(fG4f_Qb8a4(d>(59(G>g4G69(d>(G>N95]9bV(f4Gke>(b>Ne864b(>O()4546789(`4O(>5(i8`84(d>=9`>G(9a468^9`8_O(d>(54b(G>`eGb4bJ("5(fG475>69(>bV(ke>(59(N>Oa>(O4(i>(d4Od>>baMO(8Oi>Ga8d4b(54b(G>`eGb4b(d>(G>N95]9bV(54(ke>(b>(9bf8G9(c(b>(>bf>G9(>bV(ke>>b4b(G>`eGb4b(b>9O(d8baG87e8d4b(>O(fG4c>`a4b(d>(NG9O(86f9`a4(f>G4(O4(b>(=954NG9d4V(f>G4(`464(>baMO(59b(`4b9b(i964b(9(b>Ne8G(>O(54(68b64J

,4(ke>(O4b4aG4b(=>64b(`G8a8`9d4(d>(59(G>g4G69(d>(G>N95]9bV(>b(ke>(b>(ge>G4O`4O(6e`=4(>q`>b4(d>(O4G69b(d>a9559d9b(>O(eO9(`4Oba8ae`8_OV(`9678964b(>5`4Oba8ae`84O958b64V(ke>(>G9(eO(̀ 4Oba8ae`84O958b64(ke>(59b(O4G69b(ge>G9O(fG8OQ`8f84V(c(59b(>ba964b(55>i9Od4(9(O4G69b(6ec(d>a9559d9bV(`4O(d>`8G5>b(ke>(54b9Ga]`e54b( 6Mb( 59GN4b( d>( 59( `4Oba8ae`8_O( b4O( d4bV( >5( LYW( ke>V( =9759( d>( 59bG>N95]9b(c(>5(LY!(ke>(=9759O(d>(d8baG87e`8_OJ(.>956>Oa>V(eba>d>b(i>O(ke>(>b4b9Ga]`e54b(b4O(`464(eO(a464V(4`ef9O(`9b8(a4d4(>5(>bf9`84(d>(59(`4Oba8ae`8_OVG>956>Oa>(O4b(>q`>d864b(>O(>b4V(c(̀ 4O(>b4(O4(G>be>5i>O(O9d9V(=97>G(̀ 454`9d4a4d4(>b4(>O(59(`4Oba8ae`8_OJ

)464(5>b(d>`]9V(59(G>g4G69(9(59(`4Oba8ae`8_O(>O(69a>G89(d>(G>N95]9bV(b454(b>>Og4`_(9(d8baG87e`8_O(c(O4(a4`_(O9d9(d>5(8ONG>b4(d>(59b(G>N95]9bV(54b(f4G`>Oa9j>bke>(a8>O>O(ke>(f9N9G(54b(a8ae59G>b(68O>G4b(O4(b>(6>a8_(`4O(>b4J

"5(4aG4(a>69(ke>(ke8>G4(G>b95a9G(ke>((c9(54(d8j>V(>b(ke>(O4(G>be>5i>(>5(fG475>69d>( 59( 9a468^9`8_OV( c( G>956>Oa>V( i964b( 9( >bf>G9G( f>G4( 59( G>g4G69( >b(6ec`46f5>j9V(O4(>b( gM`85(f9G9( `e95ke8>G( `8ed9d9O4(>Oa>Od>G( 59( G>g4G69(d>( 59bG>N95]9bJ

!XS!XS!XS!XS!XS

A8O956>Oa>V( i964b( 9(68G9G( 59( G>g4G69( d>5( `_d8N4( d>(68O9b( ke>( b>( i8>O>J)464(eba>d>b(b97>O( 59( G>g4G69(d>5(9n4(KW!W(b>(`9c_V(>baM(i8N>Oa>(=9ba969c4(d>5(KW!LV(>Oa4O`>bV(>5(N478>GO4(c9(fG>f9G_(59(G>g4G69(d>5(`_d8N4(d>68O9bV(59(9`ae95V(>b(>5(`_d8N4(d>(68O9b(d>5(KWW!V(f>G4(`464(c9(59(G>g4G69(b>`9c_V(>bf>G964b(4aG9(G>g4G69V(>b9(G>g4G69(i9(9(aG9>G(a4d4b(54b(9Ga]`e54b(ke>(b>`9c>G4OV(f4Gke>(̀ 464(O4(b>(=8`8>G4O(59b(̀ 4Obe5a9bV(>Oa4O`>b(9=4G9(>O(>5(aGM68Qa>(9Oa>(>5(̀ 4ONG>b4(b>(i9(9(>6f>^9G(9(̀ 4Obe5a9G(59b(̀ 46eO8d9d>b(haO8`9bV(f9G9>i8a9G(eO9(8O`4Oba8ae`84O958d9dV(f>G4(b>(aG9>O(a4d9b(>b9b(O4G69b(c(59b(f4O>O>O(>5(Oe>i4(fG4c>`a4J("5(Oe>i4(fG4c>`a4V(i9(9(d>b9GG4559G(O4G69b(ke>(4Gd>O_(>5f59O(d>b9GG4554(d>5(N478>GO4(d>(+9Oa4bV(95NeO9b(O4G69b(ke>(O4(>ba979O(>O(59G>g4G69(9Oa>G84G(c(ke>(>b(O>`>b9G84(=9`89(geaeG4(G>g4G69G(>5(̀ _d8N4(d>(68O9bVc(4aG9b(O4G69b(ke>(b4O(O>`>b9G84(9jeba9G(>O(>5(`_d8N4(d>(68O9bJ

,9(58ba9(d>(a>69b(d>5(Oe>i4(̀ _d8N4(68O>G4V(b4O(>ba9bV(b8(b>(O>`>b8a9(=9`>G(eO9>bf>`8958^9`8_O(>O(d>G>`=4(68O>G4J

F4(=8`>(eO9(>qf4b8`8_O(d>(a4d4b(>ba4b(9n4b(d>(>i45e`8_O(d>(f45]a8`9(d>(5>N8bQ59`8_O(68O>G9V(>ba4b(b4O(7Mb8`96>Oa>(54b(a>69b(ke>(`9b8(b4O(54b(68b64b(d>(59G>g4G69(d>5(KW!W(ke>(b>(`9c_V(okeh(d>ba9`4(9ke]pV(d>ba9`4V(ke>(d>g8O8a8i9Q6>Oa>(a>O>64b(ke>(`96789G(>5(`=8f(ke>(a>O>64b(ke>(>O()4546789V(9(f9Ga8GVd>(>ba9(G>g4G69(i9O(9(=9`>G(be79ba9bV(c9(O4(i964b(9(=9`>G(fG86>G4(>O(>5a8>6f4(fG86>G4V(>O(>5((d>G>`=4(f9G9(`8>Ga4b(68O>G95>b(c(`8>Ga9b(MG>9bV(i9O(9b9`9G(9(be79ba9(`8>Ga4b(68O>G95>b(c(`8>Ga9b(MG>9bV(>b4(=9`89(geaeG4(i9J

,4(4aG4(86f4Ga9Oa>(d>(G>b`9a9GV(>b(ke>(b>(b8Ne>(=9759Od4(eO9(f45]a8`9(68O>G9d>(g4G6958^9`8_O(d>(68O>G]9V(f>G4(9ke](59(g4G6958^9`8_O(d>(59(68O>G]9(ke>(>b8Og4G695V(ke>(a8>O>(a]ae54(f>G4(ke>(>b(8Og4G695V(>b(6e`=9(59(ke>(=9c(>O()4546Q789V(f9G9(>b>(a8f4(d>(68O>G]9J(-9678hOV(b>(b8Ne>(=9759Od4(d>(59(68O>G]9(b8Oa]ae54V(59(68O>G]9(85>N95V(8O`5eb8i>((>O(>ba>(`_d8N4(>b(d4Od>(i9(9(ke>d9G(ke>(5968O>G]9(85]`8a9(>b(eO(d>58a4J

&e>d4(d>ba9`9GV(54b(G>ke8b8a4bJ(+>(i9O(9(>q8N8G(G>ke8b8a4b(O4(b4596>Oa>(f9G9be79ba9bV(b8O4(a9678hO(f9G9(54b(ke>(i9O(9(f>d8G(fG86>G4(>O(>5(a8>6f4V(fG86>G4>O(>5(d>G>`=4V( 5>(i9O(9(f>d8G(G>ke8b8a4b( jed8`895>bV(`464(>5(f9b9d4( jed8`895V`9f9`8d9d(>`4O_68`9V(>a`JV((f9G9(d9G5>(9(54b(a]ae54bV(>Oa4O`>b(b>(i9(9(i45i>G6e`=4(6Mb(`46f5>j4(>OaG9G(9(59(9`a8i8d9d(68O>G9V(9b](b>(fe>d>(55>N9G(9(eO99`a8i8d9d(68O>G9(g4G695V(b>Ne8G(b8>Od4(eO(f9]b(̀ 4O(eO(7e>O(d>b9GG4554(68O>G4VG>bf>a9Od4(>5(6>d84(9678>Oa>(c(59b(O4G69bJ

(0(a]ae54(d>(`4O`5eb8_O(6>(=8`>(d4b(fG>NeOa9bJ(,9(fG86>G9(fG>NeOa9(>bV(o>5d>b9GG4554(68O>G4(ke>(a8>O>()4546789V(ke>(>b(eO(f9]b(>6>GN>Oa>(>O(69a>G8968O>G9V(=9(b8d4(NG9`89b(9(54b(fG>`84b(8Oa>GO9`84O95>b(4(9(be(5>N8b59`8_O(c(be8Oba8ae`84O958d9d(4(d>(9674bp

!XY!XY!XY!XY!XY

F4(̀ 4Ob8d>G4V(ke>(>5(d>b9GG4554(68O>G4(̀ 4546789O4(>O(>g>`a4V(=9(b8d4(6Mb(f4G54b(64i868>Oa4b(d>(54b(6>G`9d4b(8Oa>GO9`84O95>bJ("O(fG86>G(5eN9GJ(59(5>N8b59Q`8_O(68O>G9(`4546789O9(=9(b8d4(eO9( 5>N8b59`8_O(d8N964b(ke>(b>(=9(=>`=4`464(a4d4b(54b(f9]b>bV(a8>O>(eO9(5>N8b59`8_O(68O>G9(9`>fa975>V(f>G4(ke>(G>95Q6>Oa>(O4(ge>(59(ke>(86fe5b4(>5(d>b9GG4554(68O>G4V(f>G4(ke>(5>(d9(b>NeG8d9d(95d>b9GG4554(68O>G4V(ke>(a>O>64b(fG475>69bV(b]V(ke>(59(5>N8b59`8_O(68O>G9(O49Ga8`e59(`4O( 59( 5>N8b59`8_O(9678>Oa95l(ke>(6>j4G964b( 59( 8Oba8ae`84O958d9dV(b]6Mb( 9ea4G8d9d>b( 6Mb( N>Oa>V( 6Mb( >Oa8d9d>bV( f>G4( i964b( 9( 68G9G( c( `464d>`864b(>O(59(j>GN9(f4fe59G(6e`=4(`9`8ke>(c(f4`4(8Od84J

("5("ba9d4(f4G(>5(646>Oa4(>b(eO(g9`858a9d4GV(=9c(8Oi>Gb8_OV(>ba964b(̀ G>`8>Od4>O(>qf4Ga9`84O>bV(i964b(78>OV(b8(>ba>(f9]b(b8Ne>(9b](i9(9(b>G(eO(f9]b(68O>G4ke>(i9(9(i8i8G(d>(59(68O>G]9J(*4b4aG4b(=>64b(i8i8d4(d>5(̀ 9gh(c(=>64b(i8i8d4(d>5f>aG_5>4(c(=4cV(i964b(9(i8i8G(d>(59(68O>G]9V(f4G(>b4V(59(`4Oi8Ga8>G4O(>O(54`4Q64a4G9V(f>G4(>b9( 54`464a4G9( a8>O>(ke>( a>O>G(eO9( G>bf4Ob97858d9d(b4`895(c>`4O_68`9(cV(G>956>Oa>(a4d4b(54b(̀ 4546789O4b(a>O>64b(ke>(9f4c9G(>ba9(54`4Q64a4G9(68O>G9V(f>G4(`4O(G>bf4Ob97858d9dV(c( 59(G>bf4Ob97858d9d(>b(b4`895V(c9ke](=>64b(O4a9d4(f4ke8a4(>O(54(b4`895(c(b]V(=9c(ke>(>Og4`9G(54b(fG_q864bf59O>b(d>(d>b9GG4554(9(ke>(59(68O>G]9(5>(55>Ne>(9(59(N>Oa>(d>5(`46HO(d>(>ba>f9]bJ

!XR!XR!XR!XR!XR

!XZ!XZ!XZ!XZ!XZ

1G9J( ?8G1G9J( ?8G1G9J( ?8G1G9J( ?8G1G9J( ?8Giiiii9( 0G99( 0G99( 0G99( 0G99( 0G9Od9( "b`959Od9( "b`959Od9( "b`959Od9( "b`959Od9( "b`959OaOaOaOaOa>>>>>3&3&3&3&3&>GH:>GH:>GH:>GH:>GH:

"b(?9N8ba>G(>O(0OaG4f454N]9(c(1>G>`=4V(>bf>`8958ba9(>O(d>G>`=4b(d>(54b(fe>Q754b(8Od]N>O9bV(f5eG958b64(jeG]d8`4V(9``>b4(9(59(jeba8`89(>(8Oa>G`e5aeG958d9dJ()4O96f589(>qf>G8>O`89(>O(8Oi>ba8N9`8_OV(8O`8d>O`89(c(`9f9`8a9`8_OJ(14`>Oa>(>O(59&4Oa8g8`89($O8i>Gb8d9d()9a_58`9(d>5(&>GH(c()4Obe5a4G9(d>(59()468b8_O(0Od8O9d>(/eG8ba9bJ

!XT!XT!XT!XT!XT

",( )0+'( &".$0*'J",( )0+'( &".$0*'J",( )0+'( &".$0*'J",( )0+'( &".$0*'J",( )0+'( &".$0*'J,0+( &',0+( &',0+( &',0+( &',0+( &',C-%)0+( &P;,%)0+V( ?%*".C0( F( ,,C-%)0+( &P;,%)0+V( ?%*".C0( F( ,,C-%)0+( &P;,%)0+V( ?%*".C0( F( ,,C-%)0+( &P;,%)0+V( ?%*".C0( F( ,,C-%)0+( &P;,%)0+V( ?%*".C0( F( ,0+( )'?$Q0+( )'?$Q0+( )'?$Q0+( )'?$Q0+( )'?$Q*%10*%10*%10*%10*%101"+( %*1C@1"+( %*1C@1"+( %*1C@1"+( %*1C@1"+( %*1C@"*0+"*0+"*0+"*0+"*0+

o#eh(>baM(f9b9Od4(>O(>5(&>GHp

,9(b8ae9`8_O(>O(>5(&>GHV(9(f>b9G(d>(ke>(b>(=9(d8`=4(ke>(=9(=978d4(eO(NG9O9i9O`>V(596>Oa975>6>Oa>(>b(eO9(b8ae9`8_O(6ec(86f4Ga9Oa>(c(ke8^M(5>b(b8Gi9(9eba>d>b(a>O>G(>ba9(8Og4G69`8_O(f9G9(>i8a9G(b8ae9`84O>b(geaeG4bJ

"Oa4O`>b(i964b(9(=9759G(eO(f4`4(b47G>(>5(̀ 4Oa>qa4(d>(59(G>958d9dJ(,4b(̀ 4Og58`Qa4b(ke>(=9c(>OaG>(59b(>6fG>b9b(68O>G9b(c(59b(`46eO8d9d>bV(>5(86f9`a4(ke>(=9a>O8d4(>O(>ba4b(9n4b(59(9`a8i8d9d(68O>G9(>O(59(i8d9(d>(59b(f>Gb4O9bV(b47G>(a4d4>O(59b(`46eO8d9d>bJ(o)eM5(=9(b8d4(>5(G45(d>5("ba9d4p(o#eh(4758N9`84O>b(a8>O>>5( "ba9d4( f>Ge9O4( >O( >5( a>69( d>( fe>754b( 8Od]N>O9bp( c( o`eM5>b( b>G]9O( 59bfG4fe>ba9bp

"5(&>GHV(a8>O>(eO9(NG9O(d8i>Gb8d9d(`e5aeG95V(b4`895V(>`4O_68`9(c((N>4NGMg8`9V`G>4(ke>(>O(95NeO4b(9bf>`a4b(f9G>`8d9(9()4546789J(->O>64b(aG>b(G>N84O>b79ba9Oa>(d8g>G>O`89d9bV((`4ba9V(b8>GG9(c(b>5i9V(`9d9(eO9(`4O(beb(`9G9`a>G]ba8`9bc( a>O>64b(eO9(NG9O( gG9N6>Oa9`8_O(d>( 54(ke>(>b( 59(`4ba9(c(>5( G>ba4(d>( 59bG>N84O>bJ("b(d>`8GV(N>O>G956>Oa>(59(8Oba8ae`84O958d9d(>ba9a95(>5(̀ G>`868>Oa4(>`4QO_68`4V(54b(9i9O`>b(>O(>de`9`8_OV(>O(`8>O`89bV(b>(`4O`>OaG9O(>O(,869(c(59b`8ed9d>b(d>(59()4ba9(c(>5(G>ba4(d>5(f9]b(>b(`464(b8(i8i8>G9(>O(4aG9(G>958d9dJ%O`5eb4(59(fG>b>O`89(d>5("ba9d4V(b>(O4a9(6Mb(>O(59(`4ba9(c(>5(G>ba4(d>(G>N84O>b>b(G>59a8i4J

->O>64b(6e`=9b(O4G69b(b47G>(68O>G]9(c(9f58`9`8_OV(f>G4(59(9f58`9`8_O(9(59G>958d9d(d>f>Od>(d>(d4Od>(>bahbJ(?8>OaG9b(6Mb(`>G`9(>baMb(9( 59b(`8ed9d>bfe>d>(b>G(ke>(>O`e>OaG>b(95N4V(f>G4(68>OaG9b(O4b(i964b(c>Od4(9(59b(̀ 46eO8Qd9d>b(95>j9d9b(fe>d>(b>G(ke>(>O`e>OaG>b(95N4(f>G4(O9d9(d>(54(ke>(59b(5>c>bd8`>O(ke>(d>7>G]9(=97>GJ

"O(54b(H5a864b(9n4b(=9(=978d4(eO(NG9O(`G>`868>Oa4(>`4O_68`4(>b4(>b(8OO>N9Q75>V(59b(`8gG9b(54(6e>baG9OV(f>G4(O4(b>(=9(54NG9d4(G>de`8G(59(d>b8Ne95d9dJ(,9b>6fG>b9b(N9O9O(6e`=]b864(d8O>G4(c(59(N>Oa>(ke>(aG979j9(f9G9(59b(>6fG>b9ba9678hOV(f>G4(59(N>Oa>(f47G>(b8Ne>(>O(b8ae9`8_O(d>(f47G>^9J(,9(7G>`=9(>OaG>54b(ke>(6Mb(a8>O>O(c(6>O4b(a8>O>O(b8Ne>(b8>Od4(ge>Ga>(c(b>(=9(8O`G>6>Oa9d4V(96>d8d9(d>(ke>(54b(ke>(a8>O>O(d8O>G4(`9d9(i>^(a8>O>O(6MbJ

$O9(b8ae9`8_O(ke>(=>64b(>ba9d4(>baed89Od4(>O(54b(H5a864b(9n4b(>b(ke>(b8>6QfG>(=9(=978d4(>6fG>b9b(68O>G9bV(fG47975>6>Oa>(6Mb(f>ke>n9bV(68O>G]9(8OQg4G695(c(59(N>Oa>(O4(fG4a>ba979(`4O(a9Oa9(i845>O`89(`4OaG9(>559bJ(F4(`G>4(ke>

!SW!SW!SW!SW!SW

9=4G9(54(ke>(f9b9(>b(ke>(59(N>Oa>(95(i>G(a9Oa9(G8ke>^9V(gG>Oa>(9(59(f47G>^9(ke>>554b(a8>O>OV(59(N>Oa>(a8>Od>(9(a>O>G(69c4G(8O`>Oa8i4(f9G9(=9`>G(eO9(fG4a>ba96Mb(i845>Oa9J

.>bf>`a4(9(54(ke>(d>`]9(d>(59(d>b8Ne95d9dV((b>(>ba869(ke>(>5(!(f4G(̀ 8>Oa4(d>(59f4759`8_O(f>G`87>(59(a>G`>G9(f9Ga>(d>5(8ONG>b4(O9`84O95V(>5(4aG4(!W(f4G(̀ 8>Oa4(d>59(f4759`8_O(G>`87>(>5(SW(f4G(`8>Oa4V(c(>5(a>G`84(6Mb(f47G>(b454(>5(S(f4G(`8>Oa4d>(59(G>Oa9(O9`84O95V(>Oa4O`>b(=9c(6e`=9(d8g>G>O`89(>OaG>(f47G>b(c(G8`4bJ(%Ne95V>5(8Og4G6>(d>5(;9O`4(?eOd895(`95`e5979(ke>(>5(!W(f4G(`8>Oa4(ke>(a8>O>(6Mbd8O>G4(a>O]9(ZX(i>`>b(6Mb(G>`eGb4b((ke>(>5(!W(f4G(`8>Oa4(6Mb(f47G>bJ(,9d8ba9O`89(>O(>5(&>GHV(>b(6Mb(4(6>O4b(d>(ZX(9(!J

"O(54b(H5a864b(9n4bV(`e9Od4(5>b(d>`]9(c(9ke](i964b(9(d9G(eO4b(d9a4b(d>(eO9a>b8b(d>(69>baG]9U(59(>`4O46]9(f>Ge9O9(i8>O>(`G>`8>Od4V(>O(59(dh`9d9(d>5(TZ95(KWWZV(b>(=9(i>O8d4(`G>`8>Od4(eO(S(f4G(`8>Oa4(95(9n4V(c(>O(54b(H5a864b(9n4b8O`5eb8i>(d>5(KWWL(95(KWWZ(6Mb(d>(R(f4G(`8>Oa4(95(9n4J(0=4G9V( 59(68O>G]9N>O>G9(NG9O>b(d8i8b9b(f4Gke>(G>fG>b>Oa9(>5(YK(f4G(̀ 8>Oa4(d>(Oe>baG9b(>qf4Ga9Q`84O>b(c(>5(XS(f4G(`8>Oa4(d>(54(ke>(G>`9ed>(>5("ba9d4(`464(86fe>ba4bJ

"Oa4O`>b(=9c(eO9(fG4a>ba9V(4(95NeO9(̀ G]a8`9(b47G>(59(68O>G]9V(4(=9`89(>5(>ba9d49`ae95( d>( 59( G>Ne59`8_O( 4( >5( `4OaG45( G>bf>`a4( 9( 59( 68O>G]9( b>( d8`>( ke>O4(b>(fe>d>(i8i8G(b8O(68O>G]9V(f4Gke>(>b(59(ke>(d9(59b(d8i8b9b(c(59(ke>(d9(54bG>`eGb4bJ

"ba>(`G>`868>Oa4(>O(>5(`9b4(d>(&>GH(ge>(86fe5b9d4(f4G(eO9(b>G8>(d>(5>c>b(ke>>68a8_(>5(N478>GO4(d>(Aej864G8(d>bd>(>5(9n4(TWJ("b(d>`8GV(9d>6Mb(d>5(`G>`8Q68>Oa4(d>5(6>G`9d4(8Oa>GO9`84O95V(>O(>ba>(N478>GO4(b>(d8>G4O(6e`=9b(5>c>b>bf>`]g8`9b(f9G9(8Og4G69G(ke>(i>ON9O(59b(>6fG>b9b(O4(b454(68O>G9V(b8O4(d>a4d4( a8f4V( >bf>`895( d>( 68O>G]9J( F( b>( d8>G4O( f4G( >j>6f54V( >q4O>G9`84O>baG87ea9G89bV(b>(g5>q87858^9G4O(6e`=9b(O4G69b(c(b>(5>b(4gG>`8_(a4d4(a8f4(d>(8O`>OQa8i4bV(f9G9(ke>(fe>d9O(i>O8G(95(&>GH(c(9b]( 54(=8`8>G4OJ("OaG>(>b9b(a>O>64b95NeO4b(`4OaG9a4b(ke>(b>(=8`8>G4O(c(ke>(O4(b>(f4dGMO(64d8g8`9G(beb(`4Od8`84QO>b(>O(a9Oa4b(9n4bV(c(b4O(95NeO9b(d>(59b(`e>ba84O>b(ke>(59(N>Oa>(`e>ba84O96e`=4J(18`>O((59b(̀ 4Od8`84O>b(O4(b4O(jeba9b(c(ke>(O9d8>(5>b(fG>NeOa_V(9(f>b9Gd>(ke>(>q8ba9O(eO9(b>G8>(d>(d9n4b(f9G9(59b(f>Gb4O9b(`464(f9G9(>5(9678>Oa>J

"O(>b>(b>Oa8d4V(>5(N478>GO4(f>Ge9O4(=9(=>`=4(eO(7e>O(aG979j4(d>(fG464i>G(c9aG9>G( 8Oi>Gb8_OV( i89j9O( 9( 59b( g>G89b( >6fG>b9G895>b( 95G>d>d4G( d>5( 6eOd4VfG464`84O9O(6e`=4(ke>(>O(&>GH(=9c(68O>G95>b(ke>(=9c(7e>O9b(`4Od8`84O>bc(=9O(b8d4(6ec(>q8a4b4b(>O(i>Od>G(9(&>GH(`464(eO(d>ba8O4(68O>G4((c(47a>O>G6e`=9b(8Oi>Gb84O>bJ

)464(i964b(9(i>G(d4Od>(O4(=9O(b8d4(6ec(>q8a4b4b(>b(>O(i>G(>5(4aG4(59d4(c(i>Gkeh((f9b9(`4O(59(f4759`8_O(ke>(>baM(9=]J(*4(b>(=9O(fG>4`ef9d4(6e`=4V(f>G4

!S!!S!!S!!S!!S!

f4G(>5(4aG4(59d4(d>(aG9>G(>6fG>b9b(68O>G9b(c(=9`>G(ke>(`9d9(i>^(b>(8Oi8>Ga96Mb(O4(=9(b8d4(NG9ae8a4V(=9(=978d4(eO( aG979j4(d>5("ba9d4(f>Ge9O4(d>(f4G6>d84J

,9(69c4G(f9Ga>(d>(54b(fG4c>`a4b(68O>G4b(c(d>(54b(d>(=8dG4`9G7eG4V(>baMO(>O^4O9b(GeG95>b(c(>O(6e`=4b(̀ 9b4b(̀ 48O`8d>O(̀ 4O(54b(a>GG8a4G84b(d>(̀ 46eO8d9d>b`96f>b8O9b(c(O9a8i9b(ke>(b4O(>O(&>GH(59(g4G69(>O(59(ke>(>baMO(4GN9O8^9d4b(54bfe>754b( 8Od]N>O9bV(>O( 59(^4O9(9Od8O9( 59b(`46eO8d9d>b(`96f>b8O9b(c(>O( 59^4O9(b>5iMa8`9(59b(`46eO8d9d>b(O9a8i9bJ

"ba9(fG>b>O`89(̀ 9d9(i>^(69c4G(d>(>6fG>b9bV(b47G>(a4d4(d>(aG9ObO9`84O95>b(=9`9eb9d4(6e`=4b(̀ 4Og58`a4bJ("5(fG8O`8f95(64a8i4(d>(54b(̀ 4Og58`a4b(>b(>5(a>64G(d>59b(`46eO8d9d>b(G>bf>`a4(9(59(`4Oa968O9`8_O(d>(beb(G>`eGb4b((c(>554(d>78d4fG8O`8f956>Oa>(9(ke>(59(NG9O(68O>G]9(b>(9b8>Oa9(fG8O`8f956>Oa>(9(59b(`97>`>QG9b(d>(`e>O`9bJ("b(d>`8GV(>O(^4O9b(95a4Q9Od8O9bJ(05(>ba9G(>O(eO9(`97>`>G9(d>`e>O`9b(`4Oa968O9(a4d4b(54b(G]4b(c(a4d9b(59b(ge>Oa>b(d>(9Ne9(ke>(i8>O>O(d>9=]V(9d>6Mb(>b9b(f4759`84O>b(N>O>G956>Oa>(a8>O>O(eO9(9`a8i8d9d(>`4O_68`9ke>(d>f>Od>(fG8O`8f956>Oa>(d>(59(9NG8`e5aeG9(c(59(N9O9d>G]9(c(>5(eb4(d>5(9Ne9`464(6>d84(d>(fG4de``8_O(c(G>fG4de``8_OJ("O(̂ 4O9b(d4Od>(59(N>Oa>(b>(d>d8`99(eb9G(be(a8>GG9(c(>5(9Ne9(f9G9(9NG8`e5aeG9(4(N9O9d>G]9V(i8>O>(eO9(>6fG>b968O>G9V(c(95(fG4de`8Gb>(59(`4Oa968O9`8_O(c9(O4(fe>d>O(b>Ne8G(`4O(be(9NG8`e5QaeG9V(O8(`4O(be(N9O9d>G]9J(("ba4(d>b>O`9d>O9(>O(`4Og58`a4b(i845>Oa4b(ke>(b>>baMO(i8i8>Od4(>O(59(9`ae958d9dJ(&4G(>j>6f54V(>5(`4Og58`a4(ke>(a>O>64b(>O(59^4O9(d>()9j969G`9(̀ 4O(>5(fG4c>`a4(68O>G4()4ON9(̀ 4O(59(>6fG>b9(F9O9`4`=9Vke>(c9(a8>O>(i9G89b(dh`9d9b(>O(59(̂ 4O9V(f>G4(ke>(>O(>ba>(Oe>i4(fG4c>`a4(ke>(>beO9( 96f589`8_O( ke>( ke>G]9( =9`>G( >O( be( fG4c>`a4V( a>O]9O( ke>( b>`9G( `e9aG459NeO9bV(>Oa4O`>b(59(N>Oa>(d>(59(^4O9(b>(=9(d>`59G9d4(>O(=e>5N9(c(d>bd>(=9`>i9G84b(6>b>bJ("5( N478>GO4(d>(De6959( 8Oa>Oa_(O>N4`89G( 95(fG8O`8f84( `4O( 59)468b8_O(f>G4( >5( &G86>G(?8O8baG4( d8j4( ke>( >5( fG4c>`a4( b>( 55>i9G]9( 9( `974Vi964b(9(O>N4`89G(59b(`4Od8`84O>bJ(,4b(d8G8N>Oa>b(d>(59b(`46eO8d9d>b(d8j>G4Oke>(a>O]9O(ke>(fG>NeOa9G(9(Oe>baG4b(68>67G4b(b8(>baMO(d>(9`e>Gd4(c(>5(&G86>G?8O8baG4(d8j4(ke>(b>(g8G69G9(4(ke>(O4(=97G]9(9`e>Gd4V(O4(=e74(9`e>Gd4(c(5e>N4i9G84b(6>b>b(d>bfehb(b8Ne>(>q8ba8>Od4(>5(fG475>69V(c9(=9c(i9G84b(6e>Ga4b(d>f4G(6>d84V(=9c(fG4a>ba9b(6ec(i845>Oa9b(c(59(N>Oa>(d>(59(^4O9(>baM(i8i8>Od495G>d>d4G(d>(59b(59NeO9b(c(O4(i9O(9(d>j9G(ke>(59b(a4ke>OJ(+>(=9(a>O8d4(ke>f>d8G(59(8Oa>Gi>O`8_O(d>(59(8N5>b89(`9a_58`9(f>Ge9O9V(=97>G(b8(fe>d>(54NG9G(ke>b>(79j>O(54b(MO864b(c(b>(fe>d9(O>N4`89G(c(f4G(be(59d4(59(>6fG>b9(aG9ObO9`84O959OeO`8_(ke>(b>(i9(9(bebf>Od>G(f4G(eO(a8>6f4(>5(fG4c>`a4V(=9ba9(ke>(>ba9b8ae9`8_O(b>(b45e`84O>J(,9(d>g>Ob4G]9(d>5(fe>754(d>5(&>GH(a8>O>(eO9(eO8d9d(d>fG>i>O`8_O(d>(`4Og58`a4bV(ke>(54(ke>(=9`>(>b(8G(d4`e6>Oa9Od4(54b(`4Og58`a4bke>(4`eGG>O(c(=9(>O`4OaG9d4(ke>(=9c(!YR(`4Og58`a4b(=9ba9(b>fa8>67G>(d>5KW!K(ke>(>baMO(9`a8i4bV(>b(d>`8G(ke>(>baMO(fG4de`8>Od4(>5(`4Og58`a4J((1>(54b`e95>b(6Mb(d>5(RS(f4G(`8>Oa4(>b(d>(a8f4(b4`84(9678>Oa95V((59(1>g>Ob4G]9(d>5&e>754(9NGef9(54b(̀ 4Og58`a4b(f4G(54b(64a8i4b(d>(G>g>G>O`89(ke>(54b(̀ 9eb9J("O(>5

!SK!SK!SK!SK!SK

`9b4(d>(`4Og58`a4(b4`84Q9678>Oa95V(O4b(d8`>(ke>(b4O(9ke>554b(fG475>69b(>OaG>9`a4G>b(d>b8Ne95>bV(G>g>G>Oa>b(9(59b(64d958d9d>b(d>(eb4(c(69O>j4(d>(54b(G>`eGQb4bV(>5(9``>b4(9(>ba4b((c(59(N>O>G9`8_O(d>(fG475>69b(d>(`4Oa968O9`8_OV(54b6Mb(i8b875>b(b4O(54b(d>(9`a8i8d9d>b(>qaG9`a8i9b(`464(68O>G]9(>(=8dG4`9G7eG4bJ"OaG>(59b(>6fG>b9b(ke>(`9eb9O(>5(`4Og58`a4(i>64b(ke>(=9c(>6fG>b9b(68O>G9bVf>aG45>G9bV(=8dG4>5h`aG8`9bV(>5h`aG8`9b(>OaG>(4aG9b(c(̀ 464(eba>d>b(i>GMO(>5(Z!(f4G`8>Oa4(d>5(`4Og58`a4(b4O(f4G(`e>ba84O>b(d>(68O>G]9J(,9b(4aG9b(>6fG>b9b(a8>O>O`4Og58`a4b(f>G4(O4(a9Oa4(`464(59(68O>G]9J((,4b(64a8i4b(ke>(59(N>Oa>(>qfG>b9d>5(f4G(keh(b>(f4O>O(>O(`4OaG9(d>( 59(9`a8i8d9d(68O>G9(b4O( 54b(b8Ne8>Oa>bVa>64G(9(59(`4Oa968O9`8_O(9678>Oa95V(a>64G(9(`4Oa968O9`8_O(d>5(9Ne9(398G>Va8>GG9V(f9ba4bV(>a`J:

.>`=9^4(f4G(f9Ga>(d>(N>Oa>(ke>(ke8>G>(i8i8G(d>(59(9NG8`e5aeG9(c(ke>(b86f5>6>OQa>(O4(=9c9(68O>G]9V(f9G9(>554b(59(68O>G]9(O4(9ced9(95(d>b9GG4554V(9g>`a9`8_O(d>a8>GG9bV(5>b(>baMO(ke8a9Od4(beb(a8>GG9b(c(>O(4aG4(`9b4(`e9Od4(=9(=978d4(9`e>GQd4b(>OaG>(̀ 46eO8d9d(c(>6fG>b9bV(a9678hO(=9(=978d4(8O`e6f5868>Oa4bJ(&>G4(54fG8O`8f95V(>b(>5(a>64G(9(59(`4Oa968O9`8_OJ($O(>baed84(=>`=4(f4G(eO9(8Oba8aeQ`8_O(55969d9()%1"+(ke>(>baed89(>ba4b(`4Og58`a4b(c(>O(54b(H5a864b(9n4bV((55>N_9(59(`4O`5eb8_O((d>(ke>(6Mb(955M(d>(59b(f>G`>f`84O>b(d>(59(N>Oa>V(=9c(i9G84bg9`a4G>b(ke>(fG46e>i>O(59(fG>b>O`89(d>(>ba4b(̀ 4Og58`a4bJ(05NeO4b(b4O(>baGe`aeQG95>bV(ke>(i8>O>O(d>(59(=8ba4G89(d>5(&>GHV(`464(59(f47G>^9V(59(d>b8Ne95d9dV(595>j9O]9V(59(g95a9(d>(fG>b>O`89(d>5("ba9d4J("b4(a8>O>(ke>(i>G(>O(>5(g4Od4V(`4O(54b`4Og58`a4b(8Oba8ae`84O95>b(ke>(b4O(59(d>7858d9d(d>5("ba9d4V(ke>(O4(=9O(f4d8d455>N9G(9(59b(^4O9b(6Mb(95>j9d9bV(g95a9(d>(eO9(O4G69a8i8d9d(ke>(b>9(`59G9(c(ke>b>9(4GNMO8`9(>a`J(0(i>`>b(=9c(8Oa>G>b>b(f45]a8`4bJ

,9(`46eO8`9`8_O(ke>(=9`>O(59b(>6fG>b9b(>baMO(=>`=9b(>O(ahG68O4b(d>(G>59Q`84O>b(>6fG>b9G895>bV(̀ 4O(4aG4b(9`a4G>b(f>G4(O4(=9c(eO9(̀ 46eO8`9`8_O(̀ 4O(>58d8469(ke>(fe>d9O(>Oa>Od>G(59b(f>Gb4O9b(d>(59(^4O9V(54(`e95(O4(ke8>G>V(d>`8Gke>(a>ON9(ke>(b>G(6Mb(b86f5>(4(6Mb(gM`85V(b8O4(ke>(a8>O>(ke>(a>O>G(>O(`e>Oa9ke>(=9c(4aG9(`e5aeG9(c(4aG9(69O>G9(d>(i>G(59b(`4b9b(c(9=](O4(b>(=9(a469d4(>O`e>Oa9J

,9b(>6fG>b9b(=9O(a>O8d4(6Mb(G>59`84O>b(d>(d9G(59b(f4b87858d9d>b(d>(d>b9GG4Q559Gb>V(i9O(c(G>N959O(95N4V((b4O(G>59`84O>b(6Mb(f9a>GO95>b(c(̀ 58>Oa>58ba9bV(>Oa4OQ`>b(54(ke>(=9`>O(>b(G>N959G(`968b>a9bV(`9j9b(d>(`>Gi>^9(c(i964b(9(55>i9G54b`9d9(i>^(ke>(eba>d>b(ke8>G9O(8G(9(59(`8ed9d(c(O4b4aG4b(>OaG964b(9(>qf54a9GJ

,9(d8g>G>O`89(d>(i954G>bV(>b(ke>(>b9b(59NeO9b(f9G9(F9O9`4`=9(b4O(eO(>bf9`84d>(9Ne9(ke>(O4(54(O>`>b8a9O(c(54(ke8>G>O(eb9G(f9G9(4aG9(`4b9V(c(a8>O>(eO(i954G>`4O_68`4(c(69a>G89V(>O(`96784(f9G9(59b(`46eO8d9d>b(d>(59(^4O9(a8>O>(eOi954G(G>58N84b4V(eO(i954G(̀ e5aeG95V(b4O(9(i>`>b(eO(184b(f9G9(>554b(c(O4(b>(fe>d>Oa4`9GJ

!SL!SL!SL!SL!SL

"ba9b(d8g>G>O`89b(̀ e5aeG95>b(ke>(O4(b>(=9O(8O`4Gf4G9d4(>O(59b(f4b875>b(b45e`84QO>b(9(54b(`4Og58`a4bV(>b(78>O(86f4Ga9Oa>(a>O>G54b(>O(`e>Oa9J()e9Od4(b>(=9759`4O(geO`84O9G84b(d>(68O9bV(d8`>O(ke>(O4(>Oa8>Od>O(keh(>b(54(ke>(ke8>G>OV(b>5>b(>baM(d9Od4(d8O>G4V((b>(5>b(>baM(d9Od4(`4b9b(f>G4(f4G(keh(O4(b>(ke8>G>O(8GJ+8(b>(i9O(9(8G(9(4aG9(6>j4GJ(*4(a8>O>O(>O(̀ e>Oa9(54b(9O`>baG4bV(4(59b(̀ e>ba84O>b`e5aeG95>b(c(O4(b>(fe>d>O(d>j9G(9b](O4(6MbJ

,9b(f4759`84O>b(d4Od>(>baMO(59b(68O>G9b(c(=9c(59(69c4G(̀ 9Oa8d9d(d>(̀ 4Og58`a4>O(N>O>G95(b4O(59b(ke>(6Mb(95a4b(a8>O>O(54b(O8i>5>b(d>(f47G>^9V((>baMO(9GG879G>bf>`a4(95(O8i>5(d>5(69GV((>baMO(d>(L(685(6>aG4b(f9G9(9GG879(>O(N>O>G95J(,9ba9b9b(d>(9O95g97>a8b64(b4O(59b(6Mb(95a9bJ((+4O(̀ 8ed9d>b(f>ke>n9bV(eO9(f4759Q`8_O(ke>(b>(d>d8`9(9(59(9NG8`e5aeG9(c(59(N9O9d>G]9(̀ 464(b>(d8j4V(ke>(G>fG>b>Oa9>5(RS(f4G(̀ 8>Oa4(d>(be(f4759`8_O(a4a95V(>b(d>`8GV((ke>(d4Od>(=9c(69c4G(̀ 4Og58`a4>b(>O(`8ed9d>b(f>ke>n9bV(d>(95aeG9V(f47G>bV(9O95g97>a9b(c(ke>( b>(d>d8`9Ob47G>(a4d4(9(59(9NG8`e5aeG9(c(9(59(N9O9d>G]9(c(ke>(O4(fe>d>O(=9`>G(i95>G(bebd>G>`=4b(`464(95Ne8>O(d>(59(`8ed9dJ

+>NHO(59(d>g>Ob4G]9(d>5(&e>754V(>ba4b(`4Og58`a4b(>O(54b(H5a864b(9n4bV(=9O(`9eQb9d4(eO9(b>G8>(d>(`4Ob>`e>O`89b(f9G9(>5(f9]b(c(`G>4(ke>(=9c(f4G(9=](eO(a>69>`4O_68`4J(D9(=978d4(>g>`a4b(>O(54b(d>G>`=4b(=e69O4bV(>O(59(i8d9(d>(59bf>Gb4O9bV(>g>`a4b(>O(>5(d>G>`=4(95(587G>(aGMOb8a4V(f4Gke>(6e`=9b(i>`>b(>ba4bd8G8N>Oa>b(d>`8d>O(754ke>9G(59b(`9GG>a>G9bV(f4Gke>(>b(`464(d>`8d>O(55969G(599a>O`8_OV(b8(O4(f>G68a>O(ke>(59(N>Oa>(55>Ne>(=97GM(fG475>69bV(>Oa4O`>b(b>(i9Od>(69dGeN9d9V(754ke>9O(59(`9GG>a>G9(c(b>(ke>d9O(i9G9d4b(54b(7eb>b(d>(aeG8bQ64V(54b(`9684O>b(ke>(55>i9O(59(`468d9J(-9678hO((=9(=978d4(9g>`a9`8_O(9(59N>Oa>(ke>(>ba979(i89j9Od4V(=9(=978d4(O8n4b(f>ke>n4bV(b>n4G9b(>679G9^9d9b(c9O`89O4b(ke>(=9O(6e>Ga4V(f4Gke>((O4(=9O(f4d8d4(f9b9G(f4G(54b(754ke>4b(d>59(̀ 9GG>a>G9J(+>(9g>`a9(59(f4759`8_O(c(54b(d>G>`=4b(d>(59b(f>Gb4O9b(f4G(>ba>(a8f4d>(i845>O`89J

-9678hO(i9O(9(59b(8Oba959`84O>b(d>(59(68O9(9(G>a>O>GV(54b(`9684O>bV(54b(aG9`a4QG>bV(O4(d>j9G(ke>(b>(b8N9(>qf54a9Od4V(9(f>b9G(d>(59(fG4a>``8_O(d>(59(f458`]9(c(d>59(fG4a>``8_O(fG8i9d9V(b8(i9O(685>b(d>(>554b(`9b8(O4(b8Gi>(d>(O9d9(c(59b(f>Gb4QO9b(>OaG9O(c(=9`>O(d>baG4^4bJ("O(59b(`8ed9d>b(59(N>Oa>(>O9Gd>`8d9V(>6f8>^9(9a8G9G( f8>dG9b( c( G46f>G( 9( 54b( `46>G`84b( ke>( O4( a8>O>O(O9d9( ke>( i>GV( f>G4a>G68O9O(a4d4b(9g>`a9d4bJ

)e9Od4(=9c(eO(9`a4(d>(i845>O`89(b>(ie5O>G9(d>(d8g>G>Oa>(69O>G9(54b(d>G>`=4bd>(59b(f>Gb4O9b(c(f4G(>b4(a9678hO(f4O>64b(>5(d>G>`=4(9(59(fG4f8>d9dV(f4Gke>b>(d>baGec>(59(fG4f8>d9d(fH758`9(`464(fG8i9d9V(`464(>ba9a95(>O(95NeO4b(`9Qb4bV(f4G(>j>6f54(>O(>5(̀ 9b4(d>(&eO4V(ke>(a469G4O((>5(9>G4fe>Ga4(c(d>baGec>G4O59(>baGe`aeG9(9>G4f4Gae9G89V(5e>N4(d>(i9G84b(6>b>b(O4(f4d]9O(55>N9G(9i84O>bf4Gke>(b>(=97]9O(d>baGe8d4(54b(>ke8f4bJ

!SX!SX!SX!SX!SX

"O(̀ e9Oa4(9(59(fhGd8d9(d>(i8d9b(=e69O9b(>(8Oa>NG8d9d(f>Gb4O95V(>OaG>(>5(KWWYc(>5(KW!!( aei864b(KL!K(=>G8d4b( c(!TS( g955>`8d4bV( >OaG>( `8i85>b( c(f458`]9bV>ba964b(=9759Od4(d>(̀ 4Og58`a4b(i845>Oa4b((ke>(d>b>O`9d>O9O(>O(59(fhGd8d9(d>i8d9bJ("ba9( ( 9g>`a9`8_O(f4G( >j>6f54( >b( >5( `9b4(d>(;9Ne9(ke>( aei4(6e`=98O`8d>O`89V( >O(>5( 9n4KWWT( 54b(O9a8i4b(d>5(069^4O89( b>( 5>i9Oa9G4O(>O(eO9fG4a>ba9(>O(̀ 4OaG9(d>(54b(d>`G>a4b(5>N8b59a8i4b(ke>(d84(059O(@9G`]9(f9G9(f4d>G9N858^9G( 59(i>Oa9(d>(beb( a8>GG9bJ( (,9(N>Oa>( a46_(>ba4(`464(eO9(69O>G9(d>>OaG>N9G(beb(a8>GG9b(9(59b(>6fG>b9bV(>Oa4O`>b(>baei8>G4O(6e`=4b(6>b>b(>O=e>5N9(c(>O(,869(ke>(be>5>O(54b(6>d84b(d>(`46eO8`9`8_OV(f9b9G(b4596>Oa>(54ke>(f9b9(>O(,869(c(O4(>O(>5(8Oa>G84G(d>5(f9]b(d8j>G4O(ke>(=97]9(eO9(=e>5N9(>O59(b>5i9(f>G4(O4(6MbV(=9ba9(ke>(ge>G4O(9(a469Gb>(59b(8Oba959`84O>b(d>(=8dG4Q>5h`aG8`9b(c(955](̀ 46>O^9G4O(9(fG>ba9G5>b(9a>O`8_OJ(;54ke>9G4O(59(>OaG9d9(fG8OQ`8f95(d>(eO9(`8ed9d(ke>(b>(55969(;9Ne9V(>G9O(685>b(d>(O9a8i4b(754ke>9Od4(c59(N>Oa>(d>(>b9(̀ 8ed9d(>6f>^_(9(f>d8G(9eq8584(d>bfehb(d>(i9G84b(d]9b(c(9(d>`8Gke>(O4(>ba979(55>N9Od4(59(`468d9V(6>d8`8O9bV(N>Oa>(>Og>G69(ke>(d>7]9(b958GJ

"5("ba9d4(f>Ge9O4(d>`8d8_(>Oi89G(eO4b(f458`]9b(f9G9(d>b954j9GJ("5(OH6>G4(O4>G9(>ke8a9a8i4V(>Oi89G4O(9fG4q869d96>Oa>(9((685(f458`]9b(f9G9(d>b954j9G(9(!W685(O9a8i4bJ("G9O(6e`=4b(6Mb(O9a8i4b(eb9Od4(g5>`=9b(c(O4(9G69bJ(->G68O9G4O69a9Od4(9(6e`=4b(6Mb(f458`]9bJ(,9b(4GN9O8^9`84O>b(O9a8i9b(d>(59(^4O9(b4bQa8>O>O(ke>(=9c(6e`=4b(6Mb(O9a8i4b(6e>Ga4bV(f>G4(O4(>q8ba>(O8ONHO(G>N8baG4J&9G9(>5("ba9d4(f>Ge9O4(>ba4(ge>(eO9(NG9O(d>GG4a9(c(9(f9Ga8G(d>(>ba4(>Oa4O`>bV>6f>^9G4O(9(f>Ob9G(keh(=9`>G(`4O(>554bJ( (1>bfehb(d>(>ba4(>5( a>69(a46_G>5>i9O`89(O9`84O95(c(b>(`46>O^_(9(d>79a8GJ(+4O(a>69b(d>(i845>O`89(6ec(NG9Qi>bJ(,4b(̀ 4ba4b(>`4O_68`4bV(f4G(>j>6f54(>5(ke>(=e74(>O(>5(KW!!(>O(&eO4V(f4GeO9b(>6fG>b9b(68O>G9bV(d4Od>(a9678hO(b>(8Oi45e`G_(59(fG4a>ba9(>O(`4OaG9(d>59(68O>G]9(8Og4G695(ke>(O4G6956>Oa>(O4(f9b9J(Ae>(f4G(f9Ga>(d>(54b(0869G9bV>O(>b4b(d]9b(d>(f9G4V(59()M69G9(d>()46>G`84(d>(&eO4(`95`e59(ke>(b>(f>Gd8>QG4O(KW(68554O>b(d>(d_59G>b(>O(!X(d]9b(c(6Mb(d>(!WW(68554O>b(d>(d_59G>b(>OaeG8b64J

0d>6Mb(d>(>ba4b(`4ba4b(>`4O_68`4b(b>(`468>O^9O(9(f>G`878GV(6e`=9b(fhGd8Qd9b(f9G9(>5("ba9d4V(a9678hO(b>(9g>`a9(59(N47>GO97858d9dV(fG86>G4(b>(d>a>G84G959(G>59`8_O(>OaG>(>5(a>GG8a4G84(c(>5("ba9d4V(f4Gke>(b>(>baM(>6f>^9Od4(9(g4G69GeO(a8f4(d>(8d>9(>O(59(N>Oa>(ke>(d8`>(ke>(=9c(ke>(fG4a>ba9G(f9G9(ke>(O4b(=9N9O`9b4J(->O>64b(eO("ba9d4V(b8ba>69(>ba9a95(c(5>c>bV(f>G4(̀ 464(O4(geO`84O9OV(59HO8`9(69O>G9(>b(fG4a>ba9GJ

o,9(9`a8i8d9d(68O>G9(G>956>Oa>(b8Gi>V(4(O4(b8Gi>(9(59(f4759`8_Op("b(eO9(fG>QNeOa9(ke>(b>(=9`>(>O(&>GHV((f4Gke>(59b(>6fG>b9b(68O>G9b(b4ba8>O>O(ke>(b4O>559b(59b(ke>(>baMO(b9`9Od4(9d>59Oa>(95(&>GH(c(ke>(NG9`89b(9(>559b(=9c(6>O4bf47G>^9(c(6Mb(d8O>G4J

"O(59(G>N8_O(d>()9j969G`9V(59(>6fG>b9(68O>G9(c9(a8>O>(6Mb(d>(KW(9n4b(c(>O59(G>N8_O(d>()eb`4(d4Od>(>baM(>5(fG4c>`a4(d>(N9b(d>(`968b>9(d4Od>(a9678hO

!SS!SS!SS!SS!SS

c9(a8>O>O(i9G84b(9n4bJ(,9(b8ae9`8_O(d>(59(O8n>^(c(59(f4759`8_OV(>baMO(59b(i8i8>OQd9b(b8O(95e67G9d4(>5h`aG8`4(95(O8i>5(d>5(&>GH(>O(eO(K!(f4G(̀ 8>Oa4V(>O(̀ 96784(>O)9j969G`9(>5(ST(f4G(̀ 8>Oa4(>O(59(fG4i8O`89(d>()>5>Od]O(ke>(>b(d4Od>(>baMO(59b59NeO9b(>b(>5(YX(f4G(`8>Oa4(b8O(5e^(c(>O(>5(18baG8a4(>b(>5(LY(f4G(`8>Oa4J("O(a4d4`9b4(6Mb(ke>(>5(fG46>d84(O9`84O95V(8Ne95(>O(>5()eb`4(d4Od>(>baM(>ba9(NG9O>6fG>b9(d>(N9bV(ke>(>b(59(>6fG>b9()968b>9V(>5(fG46>d84(>b(LS(f4G(`8>Oa4(c>O(59(fG4i8O`89(>O(b](d>(59(`4Oi>O`8_O(>b(`9b8(>5(YT(f4G(`8>Oa4J

"Oa4O`>b(i>64b(ke>(5e^(O4(b>(=9(fe>ba4l(9Ne9(f4a975>(>O(59b(i8i8>Od9bV(>5fG46>d84(>b(d>5(KZ(f4G(̀ 8>Oa4(c(̀ 464(eba>d>b(i>O(>O()9j969G`9(>b(>5(XW(f4G`8>Oa4(c(68G>O(>O()eb`4(>b(>5(ZT(f4G(̀ 8>Oa4J("Oa4O`>b(>O(keh(b>(eb_(>5(d8O>G4d>(59(68O9J(<8i8>Od9b(b8O(b>Gi8`84b(d>(d>b9Ny>(9(O8i>5(O9`84O95(>5(fG46>d84(>bd>5(LX(f4G(`8>Oa4(>O()>5>Od]O(>5(RT(f4G(`8>Oa4(O4(a8>O>O(d>b9Ny>(c(>O(>5)eb`4V(RW(4(RK(f4G(`8>Oa4J(,9(69c4G]9(d>(i8i8>Od9b(O4(a8>O>O(5e^V(O4(a8>O>O9Ne9(c(O4(a8>O>O(d>b9Ny>(c(d>(>b4(>ba964b(=9759Od4J

"O(`e9Oa4(9(54b(O8n4b(c(O8n9b(d>(W(9(S(9n4b(`4O(d>bOeaG8`8_O(`G_O8`9V(9(O8i>5O9`84O95(a>O>64b(eO(f4G`>Oa9j>(d>5(!T(f4G(`8>Oa4(d>(O8n4b(d>bOeaG8d4bV(>O)9j969G`9(>b(>5(XW(f4G(̀ 8>Oa4V(6e`=4(6Mb(95a4(ke>(>5(fG46>d84(O9`84O95(c(>O)eb`4(>5(LS(f4G(`8>Oa4J("Oa4O`>bV(i>64b(ke>(>O(9679b(G>N84O>b(d>5(&>GHd4Od>(=9c(>6fG>b9(68O>G9(c(>6fG>b9(d>(N9bV( (>ba964b(f>4G(ke>(>5(O8i>5O9`84O95J

"O(̀ e9Oa4(9(59(>de`9`8_O(>5(fG46>d84(O9`84O95(>b(d>5(XR(f4G(̀ 8>Oa4V(>O()>5>Od]O>5(YZ(f4G(`8>Oa4(d>(54b(O8n4b(O4(a8>O>O(>de`9`8_OJ("O(f>Gb4O9b(69c4G>b(`4O9O95g97>a8b64V(=9c(eO(S(f4G(̀ 8>Oa4J(F(>O(59(fG4i8O`89(d>()>5>Od]O(>b(>5(!Z(f4G`8>Oa4(d>(9O95g97>a9b(c(>O()eb`4(>5(!L(f4G(̀ 8>Oa4J(("5(O8i>5(d>(9O95g97>a8b64(O4=9(6>j4G9d4J

*4(=9(6>j4G9d4(59(b8ae9`8_O(c(ke>d9(̀ 59G4(ke>(O4(>b(955](d4Od>(b>(=9(8Oi>Ga8d4>5(d8O>G4V(G>bf>`a4(9(>b4(>5(G45(d>5("ba9d4(a8>O>( 59(G>bf4Ob97858d9d(>O(>ba9b8ae9`8_O(f4G(9eb>O`89(d>(b>Gi8`84b(fH758`4bV(9`e6e59`8_O(d>(f9b8i4b(>baGe`QaeG95>bV(8O`e6f5868>Oa4(d>(9`e>Gd4bJ(-9678hO(8O`9f9`8d9d(d>(d>`8b8_OV(f4G>j>6f54V(=9c(eO9(fG4a>ba9(>O()eb`4(c(69Od9O(95(d8G>`a4G(d>(eO9(4g8`8O9V(d>(eO68O8ba>G84V(f4G(>b4(59(N>Oa>(O4(ke8>G>(=9`>G(d8M54N4bJ

-9678hO(b4O(`e5f975>bV(f4G(>5(d8b>n4(d>(f45]a8`9b(b8O(>baed84b(fG>i84bV(eO9`4b9((ke>(b>(d8`>(6e`=4(>O(&>GHV(>b(ke>(b>(d>7>G]9O(d8b>n9G(59b(f45]a8`9bV(54bf59O>bV(>baed89Od4(59(b8ae9`8_O(d>(59(^4O9J(*4(b>(=9`>(f4G(64a8i4b(qV((ke>(d>G>f>Oa>(9(>554b(5>b(f9G>`>O(9d>`e9d4b(f>G4(ke>(O4(b4O(`4Oi>O8>Oa>b(f9G9(59bG>N84O>b(d>5(G>ba4(d>5(f9]bJ

'aG4(a>69(86f4Ga9Oa>(>b(59(d>b`44Gd8O9`8_O(>OaG>(54b(fG4f84b(b>`a4G>b(c(O8i>Q5>b(d>(N478>GO4J(->O>64b(>5(N478>GO4(O9`84O95V(>5(N478>GO4(54`95(c(>OaG>(`9d9

!SY!SY!SY!SY!SY

N478>GO4V(d8g>G>Oa>b(b>`a4G>b(eO4b(ke>(i>O(68O>G]9V(4aG4b(ke>(i>O(6>d84(96Q78>Oa>(c(>OaG>(>554b(O4(=9c(̀ 44Gd8O9`8_OJ((,9(N>Oa>(d8`>(ke>(>OaG>(54b(geO`84O9QG84b(O4(b>(f4O>O(d>(9`e>Gd4(c(O4(=9c(eO9(>baGe`aeG9(ke>(b>9(4f>G9a8i9J

0=4G9V(>5("ba9d4(f>Ge9O4(d>78d4(9(59(NG9O(̀ 9Oa8d9d(d>(̀ 4Og58`a4b(ke>(a8>O>V(=9d>`8d8d4( 8O8`89G(eO9(f45]a8`9(d>(fG>i>O`8_O(d>(`4Og58`a4bJ(,96>Oa975>6>Oa>>b9(f45]a8`9(O4(=9(geO`84O9d4V(O4(=9O(54NG9d4(d8b68Oe8G(>5(OH6>G4(d>(̀ 4Og58`Qa4b(c(9`979G(̀ 4O(54b(ke>(c9(>q8ba>OJ(+>(=9(̀ G>9d4(eO9(4g8`8O9(>O(59(fG>b8d>O`89d>5()4O`>j4(d>(?8O8baG4b(f9G9(b45e`84O9G(54b(`4Og58`a4b(ke>(>q8ba>OJ()4O(>5N478>GO4(d>(De6959V(b>(79ea8^_(59(4g8`8O9(`4O(>5(O467G>(d>('g8`8O9(d>(18M54QN4(%Oa>G`e5aeG95V(keh(>ba9GM(=9`8>Od4(>b9(4g8`8O9V(O9d8>(54(b97>V(O4(>b(O4a4G84be(aG979j4J

"5("ba9d4(O4(=9(54NG9d4(fG>i>O8G(>5(`4Og58`a4J("O(68(je8`84V(>5(G45(d>5("ba9d4(>bb454(=9`89(59b(8Oi>Gb84O>b(45i8d9Od4(ke>(>5("ba9d4(d>7>(N9G9Oa8^9G(59b(6>j4G>b`4Od8`84O>b(d>(i8d9(f9G9(54b(f>Ge9O4bJ("5("ba9d4(=9(=>`=4(eO(>q`>5>Oa>(aG979Qj4(aG9c>Od4(8Oi>Gb8_O(fG8i9d9V((f>G4(b>(=9(45i8d9d4(ke>(be(fG8O`8f95(geO`8_O(>bN9G9Oa8^9G(eO9(6>j4G(i8d9(f9G9(54b(f>Ge9O4bJ("5(g8O(befG>64(d>(59(`4Oba8aeQ`8_OV(>b(6>j4G9G(59(i8d9(d>(59b(f>Gb4O9bV(f9G9(>ba4(b>(O>`>b8a9(d8O>G4(c(b>d>7>G]9(f4d>G(b9`9G(d>(59b(>6fG>b9b(68O>G9bV(fe>d4(a>O>G(8Oi>Gb8_O(68O>G9f>G4(b8(>baM(>Og4`9d9(9(6>j4G9G(59(i8d9(d>(59b(f>Gb4O9bJ

,9b(4g8`8O9b(d>5("ba9d4(=9O(8Oa>Gi>O8d4(̀ e9Od4(54b(̀ 4Og58`a4b(c9(>baMO(9`a8i4bV`e9Od4(c9(=9O(55>N9d4(9(eO(O8i>5(d>(̀ G8b8bJ(-8>O>O(eO9(>a9f9(d>(>b`95968>Oa4V4aG9(d4Od>(>6f8>^9(9(fG4de`8Gb>(59(`G8b8bV(eO(f>G84d4(i845>Oa4(d>(`G8b8bV(c(eO`4Og58`a4J(("5("ba9d4(=9(55>N9d4(N>O>G956>Oa>(`e9Od4(59(`G8b8b(>baM(>O(54(6Mq8Q64V(`e9Od4(c9(=9c(6e>Ga4bV(`e9Od4(O4(ke>d9(4aG4(ke>(69Od9G(9(95Ne8>Of9G9(ke>(dh(eO9(b45e`8_OJ(&>G4(OeO`9(=9(>OaG9d4(>5("ba9d4(>O(>5(646>Oa4d4Od>(a4d4(b>(>baM(N>ba84O9Od4J

,9b(4GN9O8^9`84O>b(b4`895>b(d>(59(^4O9V(=9`>O(eO9(9b9675>9(c(5>(fG>b>Oa9O(995NeO9(9ea4G8d9d(d8`8>Od4(ke>(5>b(fG>4`ef9(59(fG>b>O`89(d>(59(68O>G9V(f4Gke>=9c(`4Oa968O9`84O>bV(G]4b(c(9=](O9d8>(b>(fG>4`ef9J(<9G84b(6>b>b(d>bfehb(4i9G84b(9n4b(d>bfehb(`e9Od4(59(N>Oa>(>baM(`9Ob9d9(d>(ke>G>G(=9`>G(59b(`4b9b78>O(c(G>958^9(9`a4b(i845>Oa4bV(G>`8hO(9=]V(f4O>O(9a>O`8_OV(>5(fG86>G(68O8baG4V(54b68O8baG4b(c(a4d4b(fG>4`ef9d4b(i89j9O(9(59(^4O9J

D4c(8O`5eb8i>V(c9(O4(=9759Od4(b454(d>(̀ 4Og58`a4(b8O4(d>(f45]a8`9(>ba9a95V(f4Gke>O4(=9O(d9d4( 59b( `4Od8`84O>bV( 59b( G>Ne59`84O>b(O>`>b9G89b(f9G9(O4( 55>N9G(9>ba4J(0d>6Mb(`e9Od4(b>(=9O(fG4de`8d4(9`a4b(i845>Oa4b(d8geOd8d4b(f4G( 54b6>d84b(d>(`46eO8`9`8_OJ("5("ba9d4(O4(a>OdGM(d8O>G4(f9G9(8Og4G69Gb>(d>(54ke>(f9b9(>O(>5(&>GHV(c(i9(9(>bf>G9G(9(ke>(f9b>(>O( 59( a>5>i8b8_OJ("Oa4O`>bfG86>G4(b95>(>O(59(a>5>i8b8_O(c(5e>N4(b95>(>5(?8O8baG4(9(d>`8G(ke>(i9O(9(8G(9(>b9^4O9J(*4(=9c(eO(b8ba>69(fG4f84(f9G9(b97>G(keh(f9b9V(b>(9a8>O>O(9(59(O4a8`89J

!SR!SR!SR!SR!SR

,9(4aG9(`4b9(>b(ke>(54b(geO`84O9G84b(fH758`4bV(O4(>baMO(`9f9`8a9d4b(>O(ah`O8Q`9b(d>(O>N4`89`8_OV(>Oa4O`>b(`e9Od4(55>N9(>5(geO`84O9G84(fH758`4(b>9(>5(d>(59^4O9(4(>5(d>5(O8i>5(O9`84O95J("O(i>^(d>(9ced9G(9(G>b45i>G(>5(fG475>69V(54(>6f>4QG9(c(O4(>b(f4G(d>b`4O4`868>Oa4(d>(5>c>bV(b8O4(f4Gke>(>O(be(aG979j4(O4(=9(b8d4`9f9`8a9d4(>O(ah`O8`9b(d>(O>N4`89`8_OJ("O(eO9(b8ae9`8_O(a9O(`46f5>j9V(`464a>O>G(59(̀ 9GG>a>G9(d>a>O8d9V(N>Oa>(6eG8>Od4V(N>Oa>(ke>(>baM(ke>G8>Od4(d>baGe8GVb>(d>7>O(a>O>G(=97858d9d>b(f9G9(f4d>G(`9569G(54b(MO864b((c(f4d>G(>O`4OaG9GeO9(b45e`8_OJ("Oa4O`>bV(`464(5>b(d>`]9V(54b(geO`84O9G84b(i9O(c(=9`>O(ke>(b>>6f>4G>O(59b(`4b9bV(`464(>ba>(fG86>G(68O8baG4(ke>(aei864b(>5(b>n4G(<95d>^Vd>( 8Oba8ae`84O>b(d>( 59(f458`]9V(ke>(>O()9j969G`9( 5>b(d8j4(d>bfehb(d>(=97>G55>N9d4(6Mb(4(6>O4b(9(eO9(O>N4`89`8_OJ("q8N8_(ke>(b>(g8G69G9( 8O6>d89a9Q6>Oa>V(59(N>Oa>(5>(f8d8_(d4b(=4G9b(f9G9(d>`8G5>(9(a4d9(59(N>Oa>(c(64baG9G5>b(59fG4fe>ba9(d>(9`e>Gd4V(i>O864b(c(59(g8G6964bJ("5(geO`84O9G84(O4(9`>fa_V(d8j4ke>(i>O]9(>O(G>fG>b>Oa9`8_O(d>5("ba9d4V(O4(9`>fa_(59b(`4Od8`84O>bJ("ba4(5>`4ba_(9(&>GHV(6Mb(`94b(c(6Mb(6e>Ga4bJ

&4G(4aG4(59d4V(=9c(eO(a>69(8Oa>G>b9Oa>(c(>b(>5(dhg8`8a(d>(54b(6>`9O8b64b(d>9a>O`8_O(d>(59b(d>69Od9b(`8ed9d9O9bJ(&4G(>j>6f54V(b8(i4c(95(G84(c(i>4(ke>(54bf>`>b(ke>(=97]9(9=](9=4G9(>baMO(6e>Ga4b(c(i>4(ke>(>5(9Ne9(>baM(4b`eG9(okehd>7>G]9(=9`>Gp(1>7>G]9(8G(9(59(A8b`95]9(?>d84(0678>Oa95(c(d>bfehb(>554b(f4QdG]9O(8G(>O(i]9(d>(fG>i>O`8_OV(f>d8G(ke>(>5(?8O8ba>G84(d>(+95ed(i>ON9V(a46>6e>baG9b(d>5(9Ne9V(f>d8G(ke>(>5(?8O8ba>G84(fG47975>6>Oa>(>5(d>(?>d84(06Q78>Oa>V(a9678hO(G>958`>(6e>baG9bJ("O(G>958d9d(>O(>ba9b(̂ 4O9b(O4(=9c(4g8`8O9(d>>b4b(68O8ba>G84bV( 59(`8ed9d(ke>d9(9(aG>b(d]9b(c(`e9Od4(i89j9O(5>b(d8`>O(ke>fG>b>Oa>O(eO(d4`e6>Oa4(g8G69d4(f4G(eO(974N9d4(c(O4(=9c(d8O>G4(f9G9(eO974N9d4V(O4(>Oa8>Od>(54b(aGM68a>bJ(A8O956>Oa>(59(f>Gb4O9(fG>g8>G>(G>NG>b9Gb>(9be( `9b9( c( 9b]( b>( i9O( 9`e6e59Od4( 59b( gGebaG9`84O>b( c( b>( 55>N9O( 9( >ba4bG>be5a9d4bJ

"Oa4O`>b(>b(eO9(d>(59b(`4b9b(ke>(b>(=9O(beN>G8d4(>O(>ba4b(H5a864b(9n4bV(>bke>(b>(6>j4G>(54b(6>`9O8b64b(d>(9a>O`8_O(d>(59b(d>69Od9b(c(59b(d>OeO`89b(d>59(̀ 8ed9d9O]9(c(d>bd>(59(79b>V(d>bd>(be(646>Oa4J(#e>(=9c9(eO9(4g8`8O9(c(ke>eO4(fe>d9(d>`8G(ke>(95N4(>baM(f9b9Od4J(-4d4b(>ba4b(6>`9O8b64b(d>7>O(6>Qj4G9Gb>(c(9d>`e9Gb>(9(59b(b8ae9`84O>b(ke>(a>O>64b(>O(&>GH(ke>(b4O(̂ 4O9b(6ec95>j9d9bV(b8O(fG>b>O`89(d>5("ba9d4J((,4b(6>`9O8b64b(8Oba8ae`84O95>b(d>7>G]9O55>N9G(9(G>b45i>G(>ba4(9Oa>b(d>(55>N9G(9(59(i845>O`89J(&4G(>j>6f54(f9G9(>5(a>69(d>`4Oa968O9`8_O(d>(G]4b(d>7>G]9(>ba9G(fG>b>Oa>(>5(?8O8ba>G84(d>(?>d84(0678>Oa>Vd>(+95edV(f>G4(=9ba9(59b(`46eO8d9d>b(O4(55>N9OV(beba>Oa9Od4(ke>(O4(5>b(=9OfG>b>Oa9d4(eO9(d>OeO`89(c(f4Gke>(O4(=9c(fG>befe>ba4(f9G9(55>N9G(=9ba9(955MJ,9(5>c(d8`>(ke>(b>(G>bf4Od>(`e9Od4(95Ne8>O(fG>b>Oa9(eO9(d>OeO`89V(f>G4(O4=9c(=>GG968>Oa9b(c(b](6e`=9b(86f4b87858d9d>b(f9G9(fG>b>Oa9G59J

"5(8d8469(c(59(8d>Oa8d9d(haO8`9(a9678hO(=9`>(ke>(b>9(d8g]`85(ke>(59b(f>Gb4O9bfe>d9O(9``>d>G(9(f>d8G(f4G(beb(d>G>`=4b(c(O4(G>`eGG>O(9(>ba4b(6>`9O8b64bJ

!SZ!SZ!SZ!SZ!SZ

"5(H5a864(feOa4(d>(54b(>GG4G>b(d>5("ba9d4V(G>bf>`a4(9(59(fG>i>O`8_O(d>5(̀ 4Og58`a4V>b(59(8O`46fG>Ob8_O(d>(59(d8i>Gb8d9d(`e5aeG95J("5("ba9d4(f>Ge9O4(=9(G9a8g8`9d4>5(̀ 4Oi>O84J

"5(d>G>`=4(d>(̀ 4Ob>Oa868>Oa4V(ke8>G>(d>`8G(ke>(>O(95NeO4b(̀ 9b4b(9d>6Mb(d>(59`4Obe5a9V(=9c(ke>(47a>O>G(>5(̀ 4Ob>Oa868>Oa4(d>(59(f4759`8_O(f4Gke>(>b(eO(a>69NG9i>J(&4G(54(6>O4b(>O(̀ e9aG4(̀ 9b4b(b>(a8>O>(ke>(a>O>G(>5(̀ 4Ob>Oa868>Oa4(8Od]QN>O9V(>ba4b(b4O(54b(6Mb(ge>Ga>b(G>bf>`a4(9(59(5>N8b59`8_O(8Oa>GO9`84O95J

"5(fG86>G4V(`e9Od4(b>(i9O(9(9569`>O9G(69a>G895>b(f>58NG4b4b(>O(59b(a8>GG9b(4a>GG8a4G84b(8Od]N>O9bV(>b4(54(d8`>(>5(9Ga]`e54(KT(d>(59(d>`59G9`8_O(d>(*9`84O>b$O8d9b(b47G>(fe>754b(8Od]N>O9bJ(&4G(>j>6f54V(>5(G>59i>(d>(59b(68O>G9b(>b(eO69a>G895(f>58NG4b4V((c(̀ 4O(79b>(>O(>b>(9Ga]`e54(b>(d>78_(a>O>G(>5(̀ 4Ob>Oa868>Oa4d>(54b(fe>754bJ

"5(4aG4(befe>ba4V(>b(`e9Od4(ke8>G4(aG9b59d9G(4(G>e78`9G(9(54b(8Od]N>O9bV(b8(i4c9(=9`>G(>ba4(d>7>G]9(47a>O>G(be(`4Ob>Oa868>Oa4V(>ba4(>b(86f4Ga9Oa>(f9G9()4Q546789J()e9Od4(b>(fG>a>Od>(G>958^9G(9`a8i8d9d>b(6858a9G>b(>O(a>GG8a4G84b(8Od]N>QO9b(O4(b>(d>7>G]9(=9`>G(b8(>b(ke>(O4(a>ON4(>5(`4Ob>Oa868>Oa4(c(59(9`>fa9`8_Od>5(fe>754J

)e9Od4(a>ON4(f59O>b(d>(d>b9GG4554(9(NG9O(>b`959V(6>N9fG4c>`a4b(ke>(fe>d9O`9eb9G( eO(NG9O( 86f9`a4( >O( 59( i8d9(d>( 54b(fe>754bJ( (,4(=9(d8`=4( 59()4Ga>%Oa>G96>G8`9O9(d>(1>G>`=4b(De69O4bJ

"O( >5( `9b4( d>(68O>G]9( >OaG9( >5( f59O( d>(6>N9( 8Oi>Gb8_OV( >OaG9( 9( i>`>b( >OaG9b59d4(c(G>e78`9`8_O(c(>OaG9(>O(9569`>O968>Oa4(d>(69a>G895>b(f>58NG4b4bJ"Oa4O`>bV(54(ke>(>baMO(>q8N8>Od4(95NeO9b(4GN9O8^9`84O>b(8Od]N>O9b(>O(&>GHV>b(ke>(O4(b454(b>(5>b(̀ 4Obe5a>(b8O4(ke>(8O`5eb8i>V(a>ON9O(ke>(>bf>G9G(9(ke>(>554b>bahO(d>(9`e>Gd4(c(ke>(=9ba9(ke>(d>O(be(`4Ob>Oa868>Oa4(O4(b>(fe>d9(=9`>GJ

"O(̀ e9Oa4(9(54b(G>`eGb4b(O9aeG95>b(>O(a8>GG9b(8Od]N>O9b(>O(Oe>baG4b(f9]b>b(f4G>5(d8b>n4(`4Oba8ae`84O95(ke>(a>O>64b(54b(G>`eGb4b(d>5(be7Qbe>54(f>Ga>O>`>O(95"ba9d4J(+8O(>679GN4V(>5(`4Oi>O84!YT(d8`>U(ke>(b>(fe>d>O(>qf54a9G(54b(G>`eGQb4b(O9aeG95>b(d>(54b(8Od]N>O9bV(f>G4(ke>(54b(8Od]N>O9b(a8>O>O(d>G>`=4(9(f9Ga8Q`8f9G(>O(be(ea858^9`8_O(9d68O8baG9`8_O(c(`4Ob>Gi9`8_O(d>(>b4b(G>`eGb4bJ

0=4G9(keh(a8>O>(ke>(=9`>G(>5("ba9d4(̀ e9Od4(i9(9(>qf54a9G(54b(G>`eGb4b(O9aeG9Q5>b(>O(a8>GG9b(8Od]N>O9bJ((&G86>G4V((N9G9Oa8^9G5>b(7>O>g8`84bV(`464(b>(6e>baG9>O(59b(`8gG9b(d8N964b(d>(d>b9GG4554(=e69O4(c(95NeO9b(ke>(=>64b(64baG9d4VO4(>baMO(G>`878>Od4(7>O>g8`84b(G>956>Oa>(86f4Ga9Oa>b(59b(`46eO8d9d>bV(b95i495NeO9b( `e>ba84O>b(69a>G895>bJ(@9G9Oa8^9G( 8Od>6O8^9`84O>b( b]( =9c(d9n4b(4f>Gje8`84b(c(`4Obe5a9G(9(54b(fe>754b(8Od]N>O9b(9Oa>b(d>(9ea4G8^9G(4(>6fG>Od>G`e95ke8>G(>qf54G9`8_O(4(>qf54a9`8_O(d>(54b(G>`eGb4bJ

!ST!ST!ST!ST!ST

,9(/eG8bfGed>O`89(d>(59()4Ga>(%Oa>G96>G8`9O9(a9678hO(=9(d8`=4(ke>(9d>6Mba8>O>(ke>(d9Gb>(95NeO9b(b95i9Ne9Gd9bJ(&4G(>j>6f54V(54(ke>(5>b(d>`]9V(d>(ke>(54bfe>754b(8Od]N>O9b(a>ON9O(f9Ga8`8f9`8_O(`e9Od4(b>(=9`>O(54b(f59O>bV(ke>(b>5>b(d>O(7>O>g8`84b(G9^4O975>b(>(8Od>6O8^9`84O>bV(>b(86f4Ga9Oa>(ke>(=9c9(>bQaed84b(d>(86f9`a4(9678>Oa95V(b4`895(c(`e5aeG95(c(>bf8G8ae95J

"O(>5(&>GH(=9c(>baed84b(d>(86f9`a4(9678>Oa95V((9Oa>b(d>(d9G(eO9(`4O`>b8_O68O>G9J(-4d9b(59b(>6fG>b9b(a8>O>O(ke>(fG>b>Oa9G(eO(>baed84(d>(86f9`a4(96Q78>Oa95V(f>G4(O4(b>(5>b(f8d>(eO(>baed84(d>(86f9`a4(b4`895V((O8(eO4(d>(86f9`a4`e5aeG95V(>Oa4O`>b(O9d8>(=9`>(eO(`M5`e54(d>(`_64(i9(9(86f9`a9G(>b9(G>958d9d>O( 59(i8d9(d>( 59b(f>Gb4O9b(6Mb(955M(d>( 54(d>5(6>d84(9678>Oa>J()_64(i9(986f9`a9G(be(g4G69(d>(i8d9V(`e5aeG9J(%O`5eb4J(,4b(>baed84b(d>(86f9`a4(9678>OQa95V(b4O(6ec(`e>ba84O9d4b(f4Gke>(54b(=9`>O(59b(>6fG>b9b(c(O4(54(6e>baG9O(959(N>Oa>(c(>b(9fG479d4(f4G(`4Obe5a4G9b(8Oa>GO9`84O95>b(N>Oa>(ke>(i8>O>(d>9ge>G9(c(O4(i>(59b(9g>`a9`84O>b(G>95>bJ("ba4b(>baed84b(d>(86f9`a4(d>7>G]9O(b>GG>958^9d4b(f4G(>5("ba9d4V(O4(f4G(59b(>6fG>b9bV(f4Gke>(b8(59(>6fG>b9(i9(9(=9`>Gbe(fG4f84(>baed84V(a4d4(5>(b95dGM(f4b8a8i4J("5(>baed84(54(d>7>G]9(=9`>G(>5("ba9d4f9G9(i>G(b8(=9c(9g>`a9`8_O(c(d>g>Od>G(54b(d>G>`=4b(d>(54b(`8i85>bJ

,9(1>g>Ob4G]9(d>5(&e>754(d>5(&>GH(d8`>(G>bf>`a4(9(59(fG>i>O`8_O(d>(54b(̀ 4Og58`Qa4bJ(18`>(ke>(fG86>G4(d>7>G]9(8Oba8ae`84O958^9G(>5(aG9a968>Oa4(d>(54b(̀ 4Og58`a4bVg4Ga95>`8>Od4(59b(d8i>Gb9b(>Oa8d9d>b(ke>(a8>O>O(ke>(i>G(>O(>5(a>69V(f9G9(ke>(59b45e`8_O(d>(54b(`4Og58`a4b(O4(>bah(>O(69O4b(d>(eO(9N>Oa>V(b8O4(ke>(b>9(eO9`e>ba8_O(8Oba8ae`84O95J

,9(G>i8b8_O(d>(fG4`>d868>Oa4b(5>N95>b(c(`4Ode`a9b(9d68O8baG9a8i9bV(ke>(754Qke>9O(>5(g5ej4(O9aeG95(d>(59b(G>`5969`84O>bJ(1>7>G]9(G>i8b9Gb>(a4d4b(>ba4b(fG4Q`>d868>Oa4b(9d68O8baG9a8i4b(d>(ke>j9b(c(d>OeO`89b((f9G9(i>G(=9ba9(d_Od>(55>N959(N>Oa>(c(f4G(keh(O4(fe>d>(8G(6Mb(5>j4bJ(F(b>(a>G68O9(a4d4(`4O(fG4a>ba9b(c6e>Ga4bJ(1>b9GG4559G(̀ 4O(̀ 958d9d(fG>i>Oa8i9V(a4d4(54(ke>(fe>d>(a>O>G(>5("ba9d4c(59b(8Oba8ae`84O>bJ

0d>6Mb(d>(54(ke>(d8`>(59(1>g>Ob4G]9(d>5(&e>754(O4b4aG4b(f>Ob964b(ke>(>bO>`>b9G84(a>O>G(6>`9O8b64b(d>(f59O8g8`9`8_O(c(d8M54N4J(("O(&>GH(d>7>G]964ba4d4b(f4O>GO4b(d>(9`e>Gd4(d>(i>G(keh(b>(=9GM(̀ 4O(54b(a>GG8a4G84bV(>O(keh(f9Ga>b>(f4dGM(=9`>G(68O>G]9V(>b4(O4(>baM(d>a>G68O9d4(c(>b(>b4(54(ke>(`9eb9(a4d4>ba>(`94bJ(1>7>G]9(=97>G(eO(fG4`>b4(d>(`4O`>Ga9`8_O(f9G9(a>O>G(eO(f59O(O9Q`84O95(ke>(b>9(9`>fa9d4(f4G(a4d4bJ

)464(>5(&>GH(>b(eO(f9]b(a9O(NG9Od>V(59(4aG9(`4b9(ke>(b>(=9(fG4fe>ba4(>b(ke>=9c9(b45e`8_O(d>(`>OaG958^9`8_OV(54b(fG>b8d>Oa>b(G>N84O95>bV(54b(95`95d>b(fe>Qd9O(a>O>G(be(6>`9O8b64(d>(fG>i>O`8_O(d>(>ba4b(fG475>69bV(f9G9(ke>(O4(a>ON9ke>( 55>N9G( a4d4(9(,869J(#e>( b>(fe>d9O(9a>Od>G(4g8`8O9b(d4Od>( b>(=975>O8d8469b(9ea_`a4O4bJ

!YW!YW!YW!YW!YW

?>j4G9G(54b(6>`9O8b64b(d>(d>64`G9`89(d8G>`a9V(f9G9(ke>(59(N>Oa>(fe>d9(>ba9GG>fG>b>Oa9d9(>O(59(a469(d>(d>`8b84O>bJ(F4(`G>4(ke>(>O(Oe>baG4b(f9]b>b(=9ca4d9i]9(>ba9(̀ 4OaG9f4b8`8_O(>OaG>(O4b4aG4b(c(>5("ba9d4J()e9Od4(=9c9(6>`9O8bQ64b(d4Od>(c4(fe>d9(=9`>G(ke>(b>(>b`e`=>(68(i4^(d>(69O>G9(6Mb(d8G>`a9V(i4c9(d>j9G(d>(b>Oa8G6>(a9O(9j>O4(95("ba9d4J(1>7>G]9O(f4d>G(g4G69G(f9Ga>(d>(59bd>`8b84O>b(ke>(b>(a469O(c(O4(b>Oa8G(ke>(O4(b>(fe>d>(=9`>G(O9d9(b95i4(G>b8NQO9Gb>(9(54(ke>(c9(>baM(d>`8d8d4J(%O`4Gf4G9G(eO9(i8b8_O(8Oa>G`e5aeG95J

0=4G9(b47G>(59b(f45]a8`9b(d>(69O>G9(6ec(7G>i>V(`G>4(ke>(b>(O>`>b8a9(a>O>G(>O`59G4(>5(47j>a8i4(d>(59(f45]a8`9(fH758`9V(o`eM5(>b(59(6>a9p(o&G464i>G(59(8Oi>GQb8_O(68O>G9(4(6>j4G(59(`958d9d(d>(i8d9(d>(59b(f>Gb4O9bp(F(`G>4(ke>(d>f>Od>d>(54(ke>(>58j964b(i9(9(d>f>Od>G(6e`=4(keh(f9b4(i964b(9(a469G(c(̀ _64(b>GM>5(fG4`>d868>Oa4J

->O>G(>bf9`84b(d8g>G>O`89d4bJ("5(?8O8ba>G84(d>("O>GN]9(c(?8O9bV(fG46e>i>(598Oi>Gb8_O(68O>G9V(`4Ob8Ne>(>6fG>b9b(ke>(i8>O>O(c(5>b(d9(59(`4O`>b8_O(c(beQfe>ba96>Oa>V(>b(>5(68b64(ke>(i8N859(ke>(59b(>6fG>b9b(geO`84O>O(78>OJ(&>G4`464(be(geO`8_O(>b(fG464i>G(59(8Oi>Gb8_O(68O>G9(>O(i>Gd9d(O4(59(g8b`958^9V(>beO9(g_G6e59V(f4G(>b4(d>7>G]9(b>G(4aG9(>Oa8d9d(ke>(b>(>O`9GNe>(d>(i>GV(ke>(>5geO`84O968>Oa4(d>(59b(>6fG>b9b(b>9(9d>`e9d4(c(O4(i845>(>5(d>G>`=4(d>(59bf>Gb4O9bJ(D9c(f4G(>j>6f54(>baM(>5(a>69(d>5(?8O8ba>G84(d>5(?>d84(0678>Oa>ke>(=9(b8d4(̀ G>9d4(G>`8>Oa>6>Oa>(>O(&>GHV(c(b>(̀ G>c_(ke>(b>G]9(59(b45e`8_O(d>5fG475>69(d>( 59(68O>G]9J(&>G4( 54(ke>(=8`8>G4O(ge>(d>`8G(ke>(>ba>(68O8ba>G84fe>d>(g8b`958^9G(`e95ke8>G(a>69(ke>(b>9(9678>Oa95(>O(&>GHV(6>O4b(59(68O>G]9Vf4Gke>(befe>ba96>Oa>(59(68O>G]9(>b(a9O(86f4Ga9Oa>(f9G9(>5(f9]b(ke>(b8(O4bf4d>64b(g8b`958^9GV(59b(>6fG>b9b(b>(i9O(9(9beba9G(c(b>(i9O(9(8GJ

&4G(>b4(a9678hO(f4O>64b(9=](f4a>O`89GV(6>j4G9G(>5(`4OaG45(9678>Oa95(c(ke>=9N9(ke>(59(N>Oa>(d>(95NeO9(69O>G9(b>(b8>Oa9O(fG4a>N8d9bJ(F4(`G>4(ke>(a96Q78hO(>b(eO(fG475>69(d>(`_64(b>(b8>Oa>(59(N>Oa>V(i>O(55>N9G(59b(>6fG>b9bV(c(b8f9b9(95N4(6954(O4(a8>O>O(d4Od>(ke>j9Gb>J

(,9b(f45]a8`9b(fH758`9b(d>7>G]9O(>5974G9Gb>(d>(69O>G9(̀ 4O`>Ga9d9V(f9Ga8`8f9a8i9VG>bf>a9Od4(59b(O4G69b(b47G>(fe>754b(8Od]N>O9b(c(ke>(b>(a>ON9(6>a9b(G>bf>`a49(59(b8ae9`8_O(d>(59b(f>Gb4O9bJ(F4(̀ G>4(ke>(>5("ba9d4(d>7>G]9(aG9^9Gb>(6>a9bV(O4b454(d>(`e9Oa4b(68554O>b(d>(d_59G>b(>OaG9O(`9d9(9n4(b8O4(`464(i4c(6>j4G9OQd4(59(b8ae9`8_O(d>(68b(`8ed9d9O4bJ(A8O956>Oa>V(O4(>ba964b(>O(`4OaG9(d>(5968O>G]9(c(59(8Oi>Gb8_O(fG8i9d9V(`G>>64b(ke>(>b(86f4Ga9Oa>(ke>(i>ON9(95(f9]bf>G4(̀ 4O(̀ 8>Ga9b(G>N59bV(f9G9(ke>(95(&>GH(5>(G>fG>b>Oa>(eO9(6>j4G9(>O(59(̀ 4Od8Q`8_O(d>(i8d9V(c(O4(`e9Od4(b>(79j>(>5(9eN>(68O>G4V(O4b(ke>d>64b(`4O(feG9`4Oa968O9`8_OV( 4( 6Mb( f47G>^9( c( O4( =9c9( b>Gi8d4( f9G9( 59( b8ae9`8_O( d>( 5969c4G]9(d>(54b(f>Ge9O4bJ

!Y!!Y!!Y!!Y!!Y!

!YK!YK!YK!YK!YK

1G1G1G1G1GJ( /e9J( /e9J( /e9J( /e9J( /e9O( )GO( )GO( )GO( )GO( )G8b8b8b8b8ba_795( )8ed9d( ,a_795( )8ed9d( ,a_795( )8ed9d( ,a_795( )8ed9d( ,a_795( )8ed9d( ,9G9G9G9G9GG9]OJG9]OJG9]OJG9]OJG9]OJ3)=3)=3)=3)=3)=88888 5>:5>:5>:5>:5>:

"b(%ON>O8>G4()46>G`895V(18f5469d4(>O(@>ba8_O(c("baG9a>N89b(A8O9O`8>G9b((d>59($O8i>Gb8d9d(d>()=85>(c(?;0(d>(59($O8i>Gb8d9d(0d45g4(%79n>^J(D9(a>O8d4>qf>G8>O`89(>O(>5(MG>9(g8O9O`8>G9(d>(>6fG>b9b(6e5a8O9`84O95>b((c(b>`a4G(g8O9OQ`8>G4(O9`84O95( ( >bf>`8958^9d4(>O(>5( `4O4`868>Oa4( (d>(`4664d8a8>b( c(d>( 598OdebaG89(68O>G9J(0`ae956>Oa>(b>(d>b>6f>n9(`464(d8G>`a4G(d>("baed84b(d>)4d>5`4()=85>J

!YL!YL!YL!YL!YL

,0( ?%*".C0V( ,,0( ?%*".C0V( ,,0( ?%*".C0V( ,,0( ?%*".C0V( ,,0( ?%*".C0V( ,0( %*+-%-$)%'0( %*+-%-$)%'0( %*+-%-$)%'0( %*+-%-$)%'0( %*+-%-$)%'*0,%10*0,%10*0,%10*0,%10*0,%101V( F( ,1V( F( ,1V( F( ,1V( F( ,1V( F( ,0( %*0( %*0( %*0( %*0( %*<".Q<".Q<".Q<".Q<".Q+%I*( "B-.+%I*( "B-.+%I*( "B-.+%I*( "B-.+%I*( "B-.0*/".0*/".0*/".0*/".0*/".0J0J0J0J0J",( )0+'( )D%,"*'( A."*-"( 0( '",( )0+'( )D%,"*'( A."*-"( 0( '",( )0+'( )D%,"*'( A."*-"( 0( '",( )0+'( )D%,"*'( A."*-"( 0( '",( )0+'( )D%,"*'( A."*-"( 0( '-.-.-.-.-.'+( )0+'+'+( )0+'+'+( )0+'+'+( )0+'+'+( )0+'+

"ba9(>b(59(9N>Od9(d>(59(fG>b>Oa9`8_O(d>(=4cV(i4c(9(f>Ob9G(>O(eO9(8OaG4de``8_O6Mb(59GN9(d>(54(ke>(>G9(>5(b>`a4G((68O>G4(c(59(86f4Ga9O`89(d>(>ba>V(f>G4(599`4Ga9G>(79ba9Oa>V(6>(d>d8`9G>(9(i>G(eO(f9G(d>(a>69b(G>5>i9Oa>b(f9G9(54(ke>(>b59(68O>G]9(d>bd>(eO(feOa4(d>(i8ba9(d>5(>ba9d4V(d>(keh(69O>G9(b>(d>a>G68O9(>59aG9`a8i4(68O>G4(d>(eO(f9]b(c(>O(keh(9bf>`a4b(>5("ba9d4(fe>d>(=9`>G(`96784b>O(>b4(f9G9(9aG9>G(6Mb(8Oi>Gb8_O(68O>G9J(-9678hOV(i>Gh(>5(>g>`a4(d>(59(68O>G]9b47G>(59(f45]a8`9(g8b`95(d>()=85>(d9d9(59(86f4Ga9O`89(ke>(a8>O>(>ba>(b>`a4GV(cf4ba>G84G6>Oa>V(G>i8b9Gh(>5(a>69(d>(fG>`84(c(aG9Obg>G>O`89(ke>(b4O(G>5>i9Oa>bd>bd>(eO(feOa4(d>(i8ba9(86f4b8a8i4(c(d>(`4OaG45(9(59b(i>Oa9bV(f9G9(a>G68O9G(>O>5(̀ 9b4(d>()=85>(i8>Od4(eO4b(9bf>`a4b(d>()4d>5`4V(ke>(>b(eO9(>6fG>b9((68O>QG9(>ba9a95J

"O( 59(f9Ga>(d>( 59( 8OaG4de``8_O(ke8>G4(d>ba9`9G( 59b(`8gG9b(d>()=85>V(o`eM5>bp#e>(>5(&%;(d>(59(68O>G]9(G>fG>b>Oa9(95G>d>d4G(d>(eO(!Sw((d>(d>5(&%;((a4a95V(f4GeO9(f9Ga>J(&4G(4aG9(f9Ga>V(59b(>qf4Ga9`84O>b(b>(̀ 4O`>OaG9O(fG8O`8f956>Oa>(>OfG4de`a4b( 68O>G4bV( >ba4c( =9759Od4( d>( `8gG9b( d>( KW!!V( i>64b( ke>69c4G8a9G896>Oa>(a>O>64b(>qf4Ga9`84O>b(d>(`47G>(`464(SX(w(d>5(a4a95(c(>5G>ba4(d>(>qf4Ga9`84O>b(68>OaG9bV(a8>O>O(i954G>b(6>O4G>b(>O(f4G`>Oa9j>V(>O(>5`9b4(d>(54b(fG4de`a4b(ke>(b>(i>O(9=](NG9O(f9Ga>(d>(>554b(b4O(be7QfG4de``8_Od>5(`47G>V(>b(d>`8GV(fG4de`a4b(ke>(b95>O(d>(59(68O>G]9(fG869G89(d>5(`47G>V(cg8O956>Oa>V(`464(eO(feOa4(G>5>i9Oa>(d>5(>g>`a4(b47G>(>5(d>b9GG4554(95(6>O4b68G9d4(d>bd>(>5(feOa4(d>(i8ba9(&%;(f>G(`Mf8a9(d>5(f9]bV( 59b(G>N84O>b(>O(59b`e95>b( 59( 68O>G]9( >b( 59( 9`a8i8d9d( fG8O`8f95( b4O( 69c4G>b( ke>( >5( fG46>d84O9`84O95J

+8()=85>(>O(>5(KW!!(a>O]9((eO(fG46>d84(d>(&%;V(fG>`84(̀ 4GG8>Oa>(>O(d_59G>b(d>!X(685V(59(^4O9(d>(0Oa4g9N9ba9V(ke>(>b(59(G>N8_O(fG8O`8f956>Oa>(68O>G9(d>`47G>(>O(NG9O(68O>G]9V(54(ke>(b>(G>g8>G>(>O(68O>G]9(d>(`9GM`a>G(8OdebaG895(54bbef>G979(>O(aG>b(i>`>b((c(59b(4aG9b(̂ 4O9b(fG>d468O9Oa>6>Oa>(68O>G9b(ke>(b4O95>d9n9bV(a9678hO(a8>O>O(8ONG>b4b(f>G(`Mf8a9(bef>G84G>b(95(fG46>d84(d>5(f9]bVa4d4(>ba4(6e>baG9(f4G(keh(5>(d964b(eO9(9a>O`8_O(>bf>`895((9(>ba9(8OdebaG89Vd9d4(ke>(>b(eO9( 8OdebaG89( 5]d>G(>O(`e9Oa4(95(fG4de`a4V(9( 59(N>O>G9`8_O(d>i954G>b(d>5(f9]bV(>O(`e9Oa4(9(59b(>qf4Ga9`84O>bV(9(59(N>O>G9`8_O(d>(d8i8d9bV(>O`e9Oa4(9(59(N>O>G9`8_O(d>((8ONG>b4b(g8b`95>b(f9G9(>5(f9]bJ

"O(59(fG86>G9(f9Ga>V(G>i8b9Gh(54b(g9`a4G>b(ke>(d>a>G68O9O(>5(9aG9`a8i4(d>5(b>`a4G68O>G4(d>(eO(f9]bV(eO9(68O9(86f4Ga9Oa>(ke>(b>(55969()=eke8`969a9V(ke>(>bd>(fG4f8>d9d(d>()4d>5`4J("ba9(68O9V(d9a9(d>(a8>6f4b(fG>`454678O4bV(9eOke>b>(>qf54a9(8OdebaG8956>Oa>(d>bd>(`468>O^4(d>5(b8N54(f9b9d4V(>O(>5(9n4(KW!!

!YX!YX!YX!YX!YX

ge>(59(a>G`>G9(68O9(d>(69c4G(fG4de``8_O(d>(`47G>(>O(>5(6eOd4V(59(N>454N]9ke>(b>(fG>b>Oa9(>O(>ba9((̂ 4O9(>O(>ba9(4f>G9`8_O(68O>G9(>b(eO9(̀ 4Od8`8_O(6ec86f4Ga9Oa>(f9G9(f4d>G(d>b9GG4559G(59(68O>G]9V(f>G4(O4(>b(beg8`8>Oa>(b8(O4(b>d9O(4aG4b(g9`a4G>bV(>O(>ba>(̀ 9b4V(i>64b((eO9((4f>G9`8_O(ke>(ke>d9(>O(eO(f9]bd>('`>9O]9(ke>(b>(55969(&9fH9(*e>i9(@e8O>9V(eO9(68O9(ke>(a9678hO(ge>6ec(86f4Ga9Oa>(>O(54b(9n4b(ZW(f9G9(>b>(f9]b(G>fG>b>Oa9d4(eO(KWw(d>(54b8ONG>b4b(g8b`95>bV(f>G4(d>78d4(9(54b(̀ 4Og58`a4b(̀ 4O(eO(NGef4(b>f9G9a8ba9(>O(eO98b59(d4Od>(ke>d9(>ba9(68O9V(d>bd>(>ba>(a8>6f4(>ba9(f9G9d9V(=9O(9`4Oa>`8d4b8ae9`84O>b(b86859G>bV(f4G(>j>6f54(>O(\gG8`9V(f9Ga8`e59G6>Oa>(>O(.>fH758`91>64`GMa8`9(d>5()4ON4V(f9]b(d>(NG9O(f4a>O`895(N>45_N8`4(ke>(5e>N4(d>(54b(ZWVTW(aei4(79ba9Oa>(f4`9(fG4de``8_O(d>(̀ 47G>V(i45i8>Od4(H5a8696>Oa>(9(G>feOa9GV>ba4(d>78d4(9(54b(`4Og58`a4b(8Oa>GO4b(d>5(f9]bJ('aG4b(f9]b>b(d4Od>(59(b8ae9`8_OO4( >b( a9O( >qaG>69V( f>G4( >5( d>b9GG4554( >b(6Mb( 5>Oa4( d>78d4( 9( `4Od8`84O>b8Oba8ae`84O95>b(ke>(6>O`84O9Gh(6Mb(9d>59Oa>J

D978>Od4(d8`=4(>b4V(od>(d_Od>(i8>O>(59(69c4G(fG4de``8_O(geaeG9(d>(̀ 47G>(>O>5(6eOd4pV(f4Gke>(>ba9b(b>(̀ 4O`>OaG9O(>O(95NeO9b(̂ 4O9bJ("O(54b(b8Ne8>Oa>b(!W9n4b(>ba>(b>(`4O`>OaG9GM(>O()=85>(c(>O(&>GH(`4O(6Mb(d>(XW(w(d>(59(Oe>i9fG4de``8_O(c(b8(eO4(be69(9(4aG4b(f9]b>b(d>(06hG8`9V(b>(i>(ke>(Oe>baG4(`4Oa8QO>Oa>(9f4Ga9(̀ 464(>5(YK(w(d>(59(fG4de``8_O(9fG4q869d96>Oa>(>O(54b(b8Ne8>OQa>b(!W(9n4bJ

\gG8`9V(ke>(>b(eO(̀ 4Oa8O>Oa>(̀ 4O(eO(7e>O(f4a>O`895(>O(59(fG4de``8_O(d>5(̀ 47G>V9f4Ga9(`464(eO(!S(w(d>(59(Oe>i9(fG4de``8_OJ("ba4(O4b(6e>baG9(59(G>5>i9O`89ke>(a8>O>O(95(6>O4b(f9G9(6](f9]b(>O(>5(6eOd4(59(fG4de``8_O(d>(`47G>(>O(>56eOd4V(>ba4(O4b(6e>baG9( 59(N>454N]9(ke>(>b( 54(ke>(d>a>G68O9( 54b( 5eN9G>bd4Od>(>b(6Mb(9aG9`a8i4(fG4de`8G(eO4(e(4aG4(68O>G95(b>(`4O`>OaG9(>O(d>a>G68QO9d4b(f9]b>bV(>O(>ba>(`9b4(>O()=85>(c((&>GH(>O(54((ke>(f4dG]964b(55969G(59^4O9(0Od8O9J

<45i8>Od4(9(59(fG>NeOa9(4G8N8O95(okeh(=9`>(9aG9`a8i9(59(8OdebaG89(68O>G9(f9G9b>G(d>b9GG4559d9(>O(eO(f9]bpV(54b(>baed84b(9`9dh68`4b(c(>6f]G8`4bV(9feOa9O(9ke>(=9c(d4b(g9`a4G>b(G>5>i9Oa>b(ke>(d>(95NeO9(e(4aG9(69O>G9V(>ba4b(b4O(>5f4a>O`895(N>45_N8`4(ke>(b>(a8>O>V(>b(d>`8GV(d4Od>(b>(>O`e>OaG9O(54`958^9d4b(54bc9`868>Oa4b(`4O4`8d4b(4(d>b`4O4`8d4bV(c(>5(b>NeOd4V(>b(o`eM5(>b(`5869(d>8Oi>Gb8_O(4(59(8Oba8ae`84O958d9d(ke>(a8>O>(>5(f9]b(>O(d8ba8Oa4b(9bf>`a4bpV(d>bd>>5(feOa4(d>(i8ba9(aG87ea9G84V(d>bd>(>5(feOa4(d>(i8ba9(d>(g9`858d9d(d>(8Oi>Gb8_OVd>bd>(>5(feOa4(d>(i8ba9(d>(9bf>`a4b(>bf>`]g8`4b(d>(59(68O>G]9V(`464(b4O(59b`4O`>b84O>bl(>O(N>O>G95V(b>(9feOa9(ke>(d>(>ba4b(d4b(g9`a4G>b(59(f9Ga>(N>45_N8`9a8>O>(eO(69c4G(f>b4(ke>(59(f9Ga>(8Oba8ae`84O95(>O(eO9(fG4f4G`8_O(d>(YWV(XWwV95NeO9b(g4G69b(d>(G9Oke>9G(54b(f9]b>b(>baMO(d9d9b(f4G(95NeO9b(8Oba8ae`84O>b8Od>f>Od8>Oa>b(ke>(=9`>O(G9Ot8ON(`46f9G9a8i4(d>(f9]b>bV(c4(b>5>``84O>(eOf9G(d>(>559b(f9G9(64baGMGb>59bV(i>G(54b(9bf>`a4b(>O(ke>(b>(g8j9OV(d8`=4(b>9(f9b4Vb4O(9bf>`a4b(>O(ke>(b>(g8j9(59(8OdebaG89(68O>G9(f9G9(=9`>G(beb(8Oi>Gb84O>b(6Mb

!YS!YS!YS!YS!YS

955M( d>( 54b( ke>(fe>d9O( b>G( 54b( 9aG9`a8i4b( N>45_N8`4bV( >ba>( G9Ot8ON(d>( >ba9>6fG>b9(̀ 46f9G9(KS(f9]b>b(>O(d8ba8Oa4b((9bf>`a4b(fG8O`8f956>Oa>(8Oba8ae`84O95>bc(>`4O_68`4bV(b>(>5974G9(d>(69O>G9(`e958a9a8i9V(>b(d>`8GV(a469Od4(59(4f8O8_Od>(54b(fG4g>b84O95>bV(e78`9d9(>O(54b(d8ba8Oa4b(f9]b>bV(54b(`e95>b(b4O(>i95e9d4bc(>5(G9Ot8ON(ke>(=8`8>G4O(f9G9(>5(KW!KV(b>NHO(>ba4(68(f9]bV()=85>(>baM(>Oa>G`>G(5eN9GV(f4G(d>79j4(d>()9O9dM(c(0ebaG9589V(c(>5(G>ba4(d>(f9]b>b(ke>(N>O>QG9G9O(eO9(Oe>i9(fG4de``8_O(9(geaeG4(>baMO(f4G(d>79j4(d>5(G9Ot8ONV(>ba4(O4b6e>baG9V(ke>(6Mb(955M(d>(54b(a>69b(N>45_N8`4bV(ke>(>b(eO(9aG9`a8i4(86f4Ga9Oa>f9G9(G>958^9G(59(8Oi>Gb8_OV(54b(a>69b((8Oba8ae`84O95>bV(`464(b4O(>5(b8ba>69(f45]Qa8`4V(>5(b8ba>69(>`4O_68`4V( 54b(a>69b(b4`895>bV( 59(d858N>O`89(c(G9f8d>^(>O(59>OaG>N9(d>(54b(f>G68b4b(d>(>qf54a9`8_O(68O>G9V(59(>ba97858d9d(d>(59(64O>d9V(>5b8ba>69(aG87ea9G84V(d>OaG4(d>(54b(f9]b>b(ke>(a>OdGMO(eO9(fG4de``8_O(86f4Ga9OQa>(9(geaeG4V()=85>(b>(e78`9(b>NHO(>ba>(G9Ot8ON(>O(>5(a4f>(d>(59(58ba9V(b8O(>679GN4b8(eO4(b>(i9(9( 54b( ]Od8`>b(feOae95>bV(>554b(`958g8`9O(6Mb(O>N9a8i96>Oa>( 54ba>69b(aG87ea9G84b(d>5(f9]bV(b8(eO4(̀ 46f9G9(f4G(>j>6f54V(95()4ON4(54(G9Oke>9Od>(59(68b69(69O>G9V(i8>Od4(>O(>5(`9b4(d>5(f9]b()=85>(>baM(dh785(>O(54b(f>G68Qb4(c(`4O`>b84O>b(68O>G9b(b>NHO(>ba>(G9Ot8ON(c(a>69b(aG87ea9G84bJ

'aG9(8Oba8ae`8_O(ke>(>b(G>5>i9Oa>(>O(>ba9b(̀ 59b8g8`9`84O>b(>b(>5(AG9b>G(%Oba8aea>Vke>(>O(>ba>(`9b4V(`46f9G9(6Mb(d8N964b(>`4O_68`9b(jeG8bd8``84O>b(68O>G9bVc(d8N4(jeG8bd8``84O>b(68O>G9bV((f4Gke>(>O(>5(`9b4(d>(0ebaG9589V()9O9dMV(8O`5eQb4(0GN>Oa8O9V(>i95H9O(b>f9G9d96>Oa>( 59b(fG4i8O`89b(d9d4(ke>(>559b( a8>O>Od8ba8Oa9bV(>O(>5(`9b4(d>()9O9dM(c(0ebaG9589V(d8ba8Oa4b(8O`>Oa8i4b(=9`89(59(68O>QG]9V(d8ba8Oa9(9`>fa9`8_O(d>( 59(68O>G9V( 54(`e95( a9678hO(4`eGG>(>O(>5(`9b4(d>0GN>Oa8O9(d4Od>(=9c(̂ 4O9b(68O>G9b(f4G(>q`>5>O`89V(f4G(>j>6f54V(59(fG4i8O`89d>(+9O(/e9O(c(4aG9b(ke>(O4( 5>b(G>be5a9(a9O(9aG9`a8i4(`464(59(fG4i8O`89(d>?>Od4^9V(>b9b(b4O(59b(G9^4O>b(f9G9(b>f9G9G(>ba9b(jeG8bd8``84O>b(c(=9`>G(59b`46f9G9`84O>bJ

)464(b>(i>(>O(>b9(58ba9V(54b(a>69b(>i95e9d4b(b4O(6Mb(`46f5>a4b(ke>(59(4aG98Oba8ae`8_OV(c(>ba4(O4b(d9(7e>O9b(5e`>b(d>(54b(>5>6>Oa4b(ke>(b4O(G>5>i9Oa>bVeO4(̀ 46f9G9(eO(f9]b(̀ 4O(4aG4(f9]b(68O>G4(>O(a>69b(a9Oa4(N>45_N8`4b(̀ 464(>Oa>69b( 8Oba8ae`84O95>bV(i>G( 59b( G9^4O>b(f4G( 59b(`e95>b(=9c( 8Oi>Gb84O8ba9b(ke>fe>d9O(i>Gb>(G>9`84b(9(8Oi>Ga8G(4(6Mb(d8bfe>ba4b(9(8Oi>Ga8G(>O(eO(f9]b(d>j9Od4d>(59d4(54(ke>(>b(54(9aG9`a8i4(d>(59(8OdebaG89V(̀ 464(b4O(54b(a>69b(N>45_N8`4bJ("5fG475>69(d>(>ba4b( G9Ot8ONV(>b(ke>(b4O( (`e958a9a8i4b(c(O4(`e9Oa8a9a8i4bV( b>79b9O(`464(d8`>( 59(4f8O8_O(d>(>6fG>b9b(9( 54( 59GN4(d>( 59(`9d>O9(d>(i954GV55M6>b>(>6fG>b9b(d>(>qf54G9`8_O(fG8O`8f956>Oa>V(ke>(b4O(59b(ke>(>baMO(7ebQ`9Od4(54b(c9`868>Oa4b(c(a9678hO(>6fG>b9b(d>(>qf54a9`8_OV(59(a9b9(d>(G>bfe>bQa9(O4(6ec(95a9(95G>d>d4G(d>5(KWw(c(b4O(79ba9Oa>(i9G8975>bV(c( b8(=9c(95NHO9`4Oa>`868>Oa4(ke>(9g>`a9(95NeO4b(d>(>ba4b(M678a4bV(G>`e>Gd4(ke>(>OaG>(>5(9n4KWWS(c(KWWY(`e9Od4(>O()=85>( b>( 5>( `9678_(>5( b8ba>69(d>( 86fe>ba4b(9( 5968O>G]9V(8OaG4de`8>Od4(54(ke>(b>(5596_(>5(G4c95V(ke>(>b(>5(86fe>ba4(>bf>`]g8`49(59(68O>G]9V(>5(f9]b(aei4(eO9(̀ 9]d9(79ba9Oa>(O4a975>(d>OaG4(d>5(G9Ot8ONV(a8>O>O

!YY!YY!YY!YY!YY

`8>Ga9b(`4Og897858d9d>b(f>G4(`4O(`8>Ga9(d8ba9O`89V(fG>b>Oa4(>ba9( 8Og4G69`8_Of9G9(i>G(`_64(=9`>O(54b(`46f9G9a8i4b(d>(54b(f9]b>b(>O(9aG9`a8i4((68O>G4(c`eM5>b(b4O(54b(a>69b(ke>(>O(N>O>G95(59(8OdebaG89(b>(>baM(fG>4`ef9Od4(d>(>554bJ&>G4(54(8Oa>G>b9Oa>(d>(>ba>(%Oba8aea4V(>b(ke>(>5974G9(d4b(4(>5974G9(i9G84b(G9OQt8ONV(f>G4((=9c(d4b(d>(69c4G(G>5>i9O`89V(>ba9()=85>(c()4546789(d>OaG4(d>(>ba>G9Ot8ON(c(beb(e78`9`84O>bV(>5(fG86>G4(d>6e>baG9(ke>(=9c(>5(f4a>O`895(N>45_N8`4`4O(59(G>Ne59`8_O(ke>(a8>O>(>5(f9]b(9`ae956>Oa>V(c(b8(c4V(̀ 46f9G4(>O(>5(̀ 9b4(d>68(f9]b(>ba964b(>O(>5(ke8Oa4(5eN9GV((c(>5(G>ba4(d>(54b(f9]b>b(ke>(=97]9(6>O`84QO9d4(9Oa>G84G6>Oa>(ke>(b4O(a9678hO(ge>Oa>(86f4Ga9Oa>(d>(eO9(fG4de``8_OgeaeG9V(b>(e78`9O(f4G(d>79j4(>O(>ba>(G9Ot8ON(`46f9G9a8i4V(d4Od>(b>(`46f9G959(d4a9`8_O(d>(G>`eGb4b(ke>(b>(a8>O>V(>O(>ba>(`9b4(O4(d8g>G>O`8MOd4b>(>OaG>d8ba8Oa4b(a8f4b(d>(68O>G]9(b>(aG9a9(d>(68O>G95>b(7Mb8`4bV(4G4V(`9G7_OV(f>G4V(b8eO4(`46f9G9(b4596>Oa>(98b59Od4(>5(>g>`a4(8Oba8ae`84O95(b4596>Oa>(chOd4b>(95a>69(N>45_N8`4V(̀ 464(54(6e>baG9O(>O(eO(G9Ot8ON(d>(f4a>O`895(N>45_N8`4V(f>G4>OaG>(̀ 468559b(9f58`9Od4(59(6>j4G(G>Ne59`8_O(4(59b(6>j4G>b(fGM`a8`9b(>O(G>Ne59Q`8_OV(f4G((54(6>O4b(>O(>5(`9b4(d>(68(f9]bV(>5(f4b8`84O968>Oa4(G>59a8i4(`9>(d>eO(S(9(eO(!Z(5eN9GV(54(ke>(ke>G]9(64baG9G(̀ 4O(>ba4V(c(9d>6Mb(=9c(i9G84b(f9]b>bke>(b>GMO(86f4Ga9Oa>b(fG4de`a4G>b(geaeG4b(d>(`47G>V(ke>(54(bef>G9O(>O(G9OQt8ONV(f4G(>j>6f54(>5()4ON4V(ke>(a8>O>(79ba9Oa>V(7e>O9b(5>c>b(>O(beb(c9`868>OQa4bV(>5(`9b4(d>(A858f8O9bV(b8(78>O(9HO(O4(a8>O>(f>G68b4b(>O(6e`=9b(MG>9b(f9G9d>b9GG4559G(68O>G]9(b47G>(a4d4(G9j4(c(b8(9f58`9G9(6>j4G>b(fGM`a8`9b(>O(G>Ne59Q`8_OV(b>NHO(>ba9(8Og4G69`8_O(>ba9G]9(6>j4G(ke>()=85>V(a9678hO(&>GHV(a9678hO?4ON4589(ke>(>b(eO(f9]b(>6>GN>Oa>(>O(fG4de``8_O(d>(̀ 47G>V(b>(e78`9O(6>j4Gl>5(feOa4(ke>(ke8>G4(d>ba9`9G(>b(ke>(9f9Ga>(d>(54b(a>69b(N>45_N8`4bV(>5(a>69G>Ne59a4G84(d>(59(8Oba8ae`84O958d9d(ke>(fe>d9(fG4i>>G(̀ 9d9(f9]b(9(>ba>(b>`a4GV(b8>5(b>`a4G(>b(d>(8Oa>Ghb(9(d>b9GG4559G(f4G(>5(f9]b(4(59(`46eO8d9d(fe>d>(=9`>G(59d8g>G>O`89(c(f4ON4(`464(`9b4(59(b8ae9`8_O(d>()=85>J

D9c(4aG9b(6>a4d454N]9b(f9G9( b>G( `46f9G975>b( >O( 54b(f9]b>b( ke>( b4O(6Mb`e9Oa8a9a8i9bV(b>(79b9O(>O(>ba9d]ba8`9b(c(`4Ob8d>G9O(8Og4G69`8_O(d>(>qa>Ob8_Oa>GG8a4G895V( ( f9]b>b(6Mb( NG9Od>b( d>7>G]9O( a>O>G(69c4G>b(fG4797858d9d>b( d>a>O>G(N>454N]9(9aG9`a8i9V(a9678hO(]Od8`>b(d>(587>Ga9d(>`4O_68`9(4(d>(g9`858d9df9G9(=9`>G(O>N4`84bV(a9678hO(9ced9(f>G4V(O4(b4O(a9O(>bf>`]g8`4b(`464(54bfG4i8ba4b(f4G(>ba9b(8Oba8ae`84O>b(d4Od>(9feOa9O(9(g9`a4G>b(ke>(b4O(6Mb(`G]a8Q`4b( c( 6Mb( >bf>`]g8`4b( 9( 59( 68O>G]9( c( a9678hOV( >b( 86f4Ga9Oa>( >5( N9ba4( >O>qf54G9`8_O(d>(eO(f9]b( `464(d>a>G68O9Oa>( d>( be(f4a>O`895( 9( 59GN4(f59^4Vf4Gke>(f4G(6e`=4(ke>(b>(G>bf4Od9(9g8G69a8i96>Oa>(>O(95NeO9(`4Oi>Gb9`8_O4(>O`e>ba9V(ke>(b](ke>(a95(f9]b(b>(9aG9`a8i4(N>45_N8`96>Oa>V(b8(>g>`a8i96>Oa>(59>6fG>b9(>baM(8Oi8Ga8>Od4(>b(eO9(b>n95(6Mb(̀ 59G9(d>(ke>(G>956>Oa>(>b(9aG9`a8i4J

.>i8b9G>(54b(d4b(feOa4b(i8ba4b(9Oa>G84G6>Oa>(d>(54b(9aG9`a8i4(d>(eO(f9]b(̀ 464d>ba8O4(d>(8Oi>Gb8_O(68O>G9V(f9Ga8>Od4(̀ 4O(54b(9bf>`a4b(N>45_N8`4bV(f9G9(f9GQa8G(b47G>(>ba>(a>69V(>b(eO(f4`4(59(8OaG4de``8_O(f9G9(>5(̀ 9b4(d>()=85>(>O(54(ke>b>(55969O(54b(9Od>b(`>OaG95>b(`=85>O4b(f>Ge9O4bV(ke>(>bV(eO9(^4O9(f9G9(54b

!YR!YR!YR!YR!YR

>bf>`8958ba9b(d4Od>(b>(N>O>G9O(54b((f4Gg84b(̀ ef8g>G4bV(>b(eO9(̂ 4O9(d4Od>(>baMO54b(69c4G>b(d>f_b8a4b(c(̀ 4O`>OaG9`8_O(d>(̀ 47G>(̀ 4O4`8d4b(=9ba9(>5(646>Oa4Vf>G4(>ba4(b>(=9(8d4(>qa>Od8>Od4(f4G(59(^4O9(d>(06hG8`9V(`4O(54b(d>b`e7G8Q68>Oa4b(d>(c9`868>Oa4b(>O("`e9d4GV(a9678hO(95NeO4b(c9`868>Oa4b(NG9Od>b(>O&9O96MV(>a`JV( 54(ke>( 54(d8ba8ONe>(d>( 54b(c9`868>Oa4b(d>(\gG8`9V(>b(ke>( 54bbe7fG4de`a4b( ke>( >q8ba>O( 4( 54( ke>( b>( fG4de`>( >qaG9( 95( fG4de`8G( `47G>( >b64587d>O4V(4G4(c(f59a9J("5(64587d>O4V(>b(eO(fG4de`a4(ke>(b>(4`ef9(f9G9(=9`>G>5(9`>G4(6>O4b(`4GG4b875>V(>5(4G4(c(f59a9(eba>d>b(b97>O(>5(eb4(ke>( a8>O>OV`46f9G9a8i96>Oa>V( >O( \gG8`9( =9c( fG4de``8_O( d>( `4795a4( >Oa4O`>bV( >b4`46f>a8a8i96>Oa>(59(>6fG>b9(54(>OgG>Oa9(d>(d8g>G>Oa>(69O>G9(f4Gke>(>ba4b(b4OfG4de``8_O(ke>(a>(G>de`>O(54b(`4ba4b(c(a>(f4b8`84O9O(`46f>a8a8i96>Oa>(d>d8g>G>Oa>(69O>G9V(>O(>5(`9b4(d>(0ebaG9589V(a8>O>O(eO9(fG4de``8_O(d>(eG9O8479ba9Oa>(NG9Od>V(^4O9b(ke>(b4O(fG4de`a4G9b(d>(`47G>(79ba9Oa>(86f4Ga9Oa>ba8>O>O(d8g>G>Oa>b(`9G9`a>G]ba8`9bl(c(59(b>NeOd9(ge>Oa>(d>(G>b>Gi9bV(`464(9=](b>6>O`84O9OV(>b(>O(59(^4O9(6Mb(`4ba>G9(d>5(f9]bV(`4O(4aG4(a8f4(d>(c9`868>Oa4bN>O>G956>Oa>(b4O(d>(̀ 47G>V(4G4(c(g8>GG4V(̀ 464(d>`]9(9Oa>bV(ke>(>O(>ba9b(̂ 4O9b>(d9O(59b(69c4G>b(̀ 4O`>OaG9`84O>b(d>(̀ 47G>(O4(b4O(b454(f9597G9bV(b>(̀ 4Ob8d>QG9O(54b(R(69c4G>b(c9`868>Oa4b(>O(fG4de``8_O(>O(KW!!V(Y(>baMO(e78`9d4b(>O)=85>V(b454(=9c(eO4(ke>(>ba9(ge>G9(d>()=85>V(ke>(>baM(e78`9d4(>O(%Od4O>b89Vke>(d>(f9b4(d>f>Od8>Od4(d>5(9n4(>5(69c4G(fG4de`a4G(d>(4G4J

F(>5(f4a>O`895(>O(4aG4b(68O>G95>b(a>O>64b(fG4de``8_O(86f4Ga9Oa>(d>(4G4(>O(59^4O9(O4Ga>(d>()=85>V(ke>(beGN8_(7Mb8`96>Oa>(d>(>qf54G9`84O>b(ke>(b>(=8`8>G4O9(6>d89d4b(c(9(g8O95>b(d>(54b(9n4b(RWV(d4Od>(b>(d>b`e7G8_(eO9(68O9(ke>(b>55969(>5(%Od84(c(9(f9Ga8G(d>(955]V(b>(=8`8>G4O(6Mb(>qf54G9`84O>b(>O(>b9(^4O9(cge>G4O(9f9G>`8>Od4(6Mb(4f>G9`84O>bV(f4G(9=](=9c(d4b(fG4c>`a4b(9`ae956>Oa>NG9Od>bV(ke>(>b(&9b`e95968(ke>(>b(d>(;9GGc(c(4aG4(ke>(>b()>GG4`9b968V(f>G4ke>(>baM(f9G9d4V(>b(eO9(^4O9(d4Od>(=9c(79ba9Oa>(`4O`>OaG9`8_O(d>(4G4(ca9678hOV(=9c(4aG4b(68O>G95>b(>O(6>O4G(̀ 4O`>OaG9`8_O(̀ 464(>5(=8>GG4V(>5(69OQN9O>b4(c(>5(̂ 8O`(>O(>5(beGV(6>(G>g8>G4(9(59(&9a9N4O89V(>O(59(68O>G]9(O4(6>aM58`9a>O>64b( 59(74Od9d(d>( a>O>G( 54(ke>( b>( 55969(>5(+958aG>(4()958`=>V(ke>( b4OO8aG9a4b(O9aeG95>bV(d8N964b(ke>(>b(59(HO8`9(f9Ga>(d>5(6eOd4(d4Od>(b>(d9(>ba4V54(̀ e95(O4b(d9(eO9(i>Oa9j9(̀ 46f9G9a8i9(>O(59(fG4de``8_O(d>(95NeO4b(fG4de`a4b`464(fe>d>(b>G(c4d4V(54b(O8aG9a4bV(>a`J

"ba4(>b(>O(ahG68O4b(Oe6hG8`4bV(o`eM5>b(b4O(Oe>baG4b(fG8O`8f95>b(fG4de`a4b(>OahG68O4b(d>(G>b>Gi9bpV(47i896>Oa>(>5(̀ 47G>V(>5(̀ e95(f4b>>64b(̀ 9b8(>5(LWw(d>(54`4O4`8d4V(>5(64587d>O4(ke>(>baM(9b4`89d4(95(`47G>V(59(f59a9V(b464b(>5(a>G`>Gf9]b(d>5(6eOd4(̀ 4O(69c4G(G>b>Gi9V(f>G4(a4d4(>ba4(9b4`89d4(95(̀ 47G>V(>O(>5(4G4a9678hO(=9c(G>b>Gi9b(ke>(b4O(c9`868>Oa4b(d>(4G4(f>G4(9b4`89d4(95(`47G>V(>558a84(>b(6ec(86f4Ga9Oa>(`4O(`>G`9(d>(YWw(d>(59b(G>b>Gi9b(d>5(6eOd4(>O(54bb959G>b(d>(0a9`969V(95(O4Ga>(d>()=85>J

+8(eO4(`46f9G9(>ba4(`4O(59(fG4de``8_O(d>(68O>G95>bV(i>64b(ke>(NG9O(69c4QG]9(d>(>ba4b(b>(d9O(59b(68b69b(G>59`84O>bV(f4G(>j>6f54V(>O(>5(`47G>(a9678hO

!YZ!YZ!YZ!YZ!YZ

b464b(>5(fG86>G(fG4de`a4GV(64587d>O4(>ba964b(d>OaG4(d>(54b(aG>b(69c4G>b(̀ 4O95NeO9(d8g>G>O`89V(f4Gke>()=8O9(c("J$(b4O(fG4de`a4G>bV(6Mb(ke>(O9d9(fG869QG84b(O4(b>`eOd9G84bV(>b(d>`8GV(a8>O>O(68O9b(d>(64587d>O4(ke>(̀ e9Od4(>5(fG>`8479j9(6e`=4(>554b(f9G9O(59b(68O9b(f4Gke>(O4(5>b(>b(G>Oa975>V(>O(>5(`9b4(d>O4b4aG4bV(f4d>64b(b>Ne8G(fG4de`8>Od4V(f4Gke>(>b(95N4(ke>(b95>(̀ 464(9NG>N9Qd4(d>(59(fG4de``8_O(d>(`47G>J("5(`9b4(d>5(4G4V(b464b(>5(X(69c4G(f9]b(`4OG>b>Gi9bV(f>G4(b464b(>5(!X(f9]b(>O(fG4de``8_OV(>ba4(a8>O>(G>59`8_O(̀ 4O(54(ke>d>`]9(ke>(>b(ke>(95N4(ke>(b>(fG4de`>(>O(79ba9Oa>(NG9d4(̀ 464(be7fG4de``8_OJD9`8>Od4(>5(feOa4(b47G>(>5(a>69(d>(54b(d8baG8a4b(68O>G4bV(b>(55969(9(^4O9bd4Od>(=9c(`4O`>OaG9`84O>b(d>(`8>Ga4(a8f4(d>(fG4de`a4(c(`4O(c9`868>Oa4b(d>`8>Ga4(a969n4J(<45i8>Od4(9(54b(`9b4b(6>O`84O9d4b(9Oa>G84G6>Oa>V(a>O>64bd4b( `9b4bV(f9G9( 54(ke>(>b( `47G>V( >5( a>69(d>( 54b( 9Od>b( `>OaG95>b(ke>(>baMfG>b>Oa>(>O()=85>V(&>GH(cV(54b(c9`868>Oa4b(ke>(b>(i>O(6Mb(95(O4Ga>(b4O(d>(4G4J"O(>5(̀ 9b4(d>(\gG8`9V(>b(54(ke>(b>(̀ 4O4`>(̀ 464(>5(̀ 8OaeG_O(d>5(̀ 47G>l(>b4b(b4Od8baG8a4b(d4Od>(b>(d9O(̀ 8>Ga9b(̀ 4O`>OaG9`84O>b(d>(54b(68O>G95>b(ke>(b4O(̀ 4O4Q`8d4b(c(d4Od>(=978ae956>Oa>(b4O(d>ba8O4b(fG8O`8f95>b(d>(59b(>6fG>b9b(̀ e9Od47eb`9O(>qf54G9`8_OV(`e9Od4(7eb`9O(Oe>i4b(c9`868>Oa4bV(b4O(54b(5eN9G>b(ke>=978ae956>Oa>(7eb`9O(fG86>G4(f4Gke>(b97>O(ke>(59(fG4797858d9d(d>(>O`4OaG9GOe>i4b(c9`868>Oa4b(>b(69c4GJ

D978>Od4(d8`=4(ke>(59(N>454N]9V(>b(95N4(ke>(>baM(d9d4(f4G(54(`e95(O4(f4d>Q64b(`96789G54(`464(>ba9d4(4(f9]bV(okeh(f4d>64b(=9`>G(>O(>5(`9b4(d>(54bf9]b>b(68O>G4bV( f9G9( ke>( >ba4( b>9( 95N4( i8Gae4b4(=9`89( 59( `G>9`8_O( d>( eO98OdebaG89pV(eO9(`4b9(86f4Ga9Oa>V(>b(fG4i>>G(d>(8Og4G69`8_O(7Mb8`9V(d>(`9Ga9bN>45_N8`9b(f9G9(ke>(b>(b>f9(d>(d_Od>(=9c(69c4G(fG4797858d9d(d>(>O`4OaG9GeO4(e(4aG4(68O>G95V(>O(>b>(b>Oa8d4V(>5(f4b>>G(̀ 9Ga9b(4(eO(69f9(6Mb(d>a9559d4V69f9(N>45_N8`4(9(>b`959((d>(!(9(!WWWWW(d>(!(9(SWWWWV(>b(d>(eO9(9ced979ba9Oa>( NG9Od>V( >O( >ba>( ( `9b4( a>O>64b( f9]b>b( `464( 0ebaG9589( c( )9O9dMd4Od>(59(>qf54G9`8_O(>b(79ba9Oa>(95a9(>O(ahG68O4b(64O>a9G84bV(a9Oa4(f4Gke>=9c(6e`=9(>6fG>b9(54`95(d>d8`9d9(9(>b4V(f>G4(a9678hO(f4Gke>(=9c(6e`=98Og4G69`8_O(c(b>(aG979j9(`4O(79b>(9(>b4(c(i9O(9NG>N9Od4(i954G(9(59b(`9Ga9bN>45_N8`9bJ("O(>5(`9b4(`46f9G9a8i96>Oa>(d>(&>GH(c()=85>V(59(8Og4G69`8_O(d>)=85>(>b(6>O4GV(b>(>baM(aG979j9Od4(f9G9(6>j4G9GV(ke>(59(d>(&>GH(>O(ahG68O4b(d>f4b>>G(`9Ga9b(N>45_N8`9b(d>(!(9(!WWJWWWJ

"OaG9Od4(>O(54b(9bf>`a4b(8Oba8ae`84O95>b(ke>(a9678hO(d>a>G68O9O(54b(9aG9`a8Qi4b(d>(59(8OdebaG89(68O>G9(>O(eO(f9]bV(i4c(9(G>i8b9G(59b(fG8O`8f95>b(O4G69a8i9bV9ke](95NeO9(8d>9(d>(d4Od>(=9c(i954G(fH758`4(95(>ba9d4(>O(>ba9(MG>9V(>O(>5(`9b4`=85>O4V(c(feb>(>ba4(9(fG8O`8f84(`464(59b(8d>9b(ke>(69Od9O(59(O4G69a8i9(d>5b>`a4GV(59(O4G69a8i9(>O(ahG68O4b(N>O>G95>bV(7eb`9(ke>(>5(b>`a4G(b>(d>b>Oie>5i9>O(eO(b8ba>69(d>(587G>(6>G`9d4V(ke>(O4(>q8ba9(be7b8d84b(>bf>`895>bV(ke>(O4>q8ba9(54(ke>(54b(>`4O468ba9b(55969O(d8ba4Gb84O>b(d>OaG4(d>5(b>`a4GV(>a`V(b8O>679GN4V(b>(`e6f5>(eO(G45(`e9Od4(g9559(>5(geO`84O968>Oa4(d>5(6>G`9d4(>OaG>`468559bV(f4G(>j>6f54V(>O(>5(̀ 9b4(d>(59(bef>Gi8b8_O(d>(4f>G9`84O>bV(ke8^Mb(6Mb

!YT!YT!YT!YT!YT

d>(eO4(i84(>5(`9b4(d>(54b(LL(68O>G4b(9aG9f9d4b(79j4(a8>GG9V(9=](=9c(eO(g9554f4Gke>(=9c(d8g>G>Oa>b(8O`>Oa8i4b(>OaG>(59(>6fG>b9V(>5(8O`>Oa8i4(ke>(>554b(a8>O>Od>(d9G(b>NeG8d9d(c(59(b>NeG8d9d(ke>(>b(O>`>b9G89(f9G9(54b(aG979j9d4G>b(c(955]V=9c(eO(G45(f9G9(ke>(>5(>ba9d4(9`aehV(>O(>5(a>69(d>(`8>GG>(d>(g9>O9bV(a9678hO=9c(eO( 8O`>Oa8i4V(f4Gke>( `e9Od4( b>( 9`979( 59( i8d9(Ha85( d>( 59b(4f>G9`84O>bke>d9O(54b(i>Ga>d>G4bV( 54b(G>59i>b(d>(>559bV( 54(`e95(fe>d>(a>O>G(eO(86f9`a49678>Oa95V(f>G4(b8(O4(>q8ba8>G9(O4G69a8i9(95(G>bf>`a4(59(>6fG>b9(O4(a>OdG]969c4G(fG>4`ef9`8_O(b47G>(>5(a>69V(c(955](=9c(95N4(b47G>(54(̀ e95(b>(d>7>(9`ae9Gf9G9(b45e`84O9G(>b9(g9559V(47i896>Oa>(54b(a>69b(9678>Oa95>bV(54b(a>69b(aG87eQa9G84bV(>a`J

F(a9678hO(54(ke>(=9(>ba9d4(beGN8>Od4(H5a8696>Oa>V(O4(b454(>O()=85>(b8O4(>O4aG4b(f9]b>bV(G>i8b9G(>5(geO`84O968>Oa4(d>(4aG4b(b>`a4G>b(ke>(b4O(`G]a8`4b(9(5459GN4(d>(59(`9d>O9(d>(i954G(f9G9(59(8OdebaG89V(>O(>5(`9b4(f9Ga8`e59G(d>(68(f9]bV>5(a>69(d>(>O>GN]9V(6ec(G>5>i9Oa>(f9G9(55>i9G(9(`974(c(d>b9GG4559G(a4d4b(54bfG4c>`a4b(ke>(=9c(>O(̀ 9Gf>a9V(b8(O4(=9c(eO(9b>NeG968>Oa4((d>(>O>GN]9(>5h`aG8`9b>(f4O>(>O(G8>bN4(>5( a86>(d>(6e`=4b(d>(>ba4b(fG4c>`a4bV(d>(=>`=4(c9(=>O467G9d4(95NeO4bV(f>G4(b4O(fG4c>`a4b(d>(6>d89O9(68O>G]9(ke>(b>(=9O(8d4f4ba>GN9Od4V(b4O(MG>9b(ke>(b8(>5("ba9d4(ke8>G>(ke>(>ba>(b>9(eO(b>`a4G(d8OM68`4>(86f4Ga9Oa>(d>OaG4(d>(59(>`4O46]9(d>7>(fG>ba9G5>(9a>O`8_OJ

,4b(fG8O`8f84b( 7Mb8`4b( b47G>( 54b( `e95>b( b>(=9(=>`=4( 59( 5>N8b59`8_O(68O>G9V=9759O(d>(ke>(59(fG4f8>d9d(d>(54b(c9`868>Oa4b(>b(d>5("ba9d4(c(>ba4(>baM(>ba9Q75>`8d4(>O(59()4Oba8ae`8_O(d>()=85>V(d8N964b(ke>(>b(>5(HO8`4(b>`a4G(8OdebaG895ke>(>ba9(6>O`84O9d4(>qf5]`8a96>Oa>(>O( 59(`4Oba8ae`8_OJ('aG4( a>69(ke>(>bG>5>i9Oa>(c(ke>(O4(b>(=9`>(d8b`G868O9`8_O(b8(>5( 8Oi>Gb84O8ba9(>b(O9`84O95(4>qaG9Oj>G4V(59b(G>N59b(b4O(>ba975>b(c(=9c(d>G>`=4(d>(fG4f8>d9d(N9G9Oa8^9d4V6Mb(9d>59Oa>(d>a9559G>(̀ e95(>b(59(O4G69a8i9(>O(G>59`8_O(9(>b4l(c(47i896>Oa>(54ke>(6>O`84Oh(9Oa>G84G6>Oa>V(eO(b8ba>69(d>(6>G`9d4(b8O(69c4G>b(d8ba4Gb84O>b8OO>`>b9G89bJ

+47G>(59b(`4O`>b84O>b(68O>G9bV(54b(G>`eGb4b((f9b9O(9(b>G(d>5(ke>(47a8>O>O(59`4O`>b8_OV(fG86>G4(b>(d9(eO9(`4O`>b8_O(d>(>qf54G9`8_O(ke>(a8>O>(eO9(deG9Q`8_O(d>(K(9n4b(fG4GG4N975>(d>(f4G(K(9n4b(6MbV(4(b>9(9eO(a4a95(d>(X(9n4bV(>O54b(`e95>b(59(>6fG>b9(4(>5(8Od8i8de4(fe>d>(>ba9G(7eb`9Od4(`4O`>OaG9`8_O(d>68O>G95>b(>O(eO9(^4O9(d>a>G68O9d9V(5e>N4(fe>d>(b458`8a9G(eO9(`4O`>b8_O(d>>qf54a9`8_OV(ke>(>b(eO9(`4O`>b8_O(ke>(>baM(d>ba8O9d9(9(>qf54a9G(`46>G`895Q6>Oa>(>5(c9`868>Oa4l(>ba9b(̀ 4O`>b84O>b(b>(d9O(79j4(d4b(fG8O`8f84bV(>5(fG86>G4ke>(>b(eO9(`4O`>b8_O(d>(`9GM`a>G(jed8`895V(b>(>ba975>`>(eO(d>G>`=4(d>(fG4f8>Qd9d(b47G>(>5(c9`868>Oa4(>O(g9i4G(d>5(b458`8a9Oa>V(>ba4(O4(>b(>O(4G9b(86f4Ga9Oa>b^4O9b(68O>G9b(`464(>b(>5(`9b4(d>(0ebaG9589V(d>()9O9dMV(&>GHV(c(>5(b>NeOd4Vke>(>5(GhN86>O(d>(96f9G4(ke>(b>(d9(>b(b47G>(>5(f9N4V(95(f9N9G(59(f9a>Oa>68O>G9(59(>6fG>b9(69Oa8>O>(59(fG4f8>d9d(8Od>f>Od8>Oa>(d>(b8(59(aG979j9(4(O4V>b9(>b(eO9(d>(59b(̀ G]a8`9b(ke>(b>(=9`>(95(b8ba>69V(>O(>5(̀ 9b4(d>(59(>6fG>b9(f9G9

!RW!RW!RW!RW!RW

59(`e95(aG979j4(ke>(>b(fG4f8>d9d(d>5("ba9d4V(d8N964b(ke>(>b(59(ke>(f4b>>(eO986f4Ga9Oa>(`9Oa8d9d(d>(`4O`>b84O>b(d>(>qf54a9`8_O(YVS(d>5(a4a95(c(>q8ba>(eO95>N8b59`8_O( ke>( d9a9( d>5( 9n4( !TTK( >O( 59( `e95( b>( f>G68a>( 9( 59( >6fG>b9( 8Gd>b=9`8hOd4b>(d>(59b(f>Ga>O>O`89b(ke>(O4(5>(b4O(a9O(9aG9`a8i9b(4(9b4`89Gb>(̀ 4O4aG9b(>6fG>b9b(f9G9(d>b9GG4559G(4aG4b(fG4c>`a4b(ke>(O4(b4O(f9Ga>(d>(be(a969Qn4V(59(8d>9(d>(68(>6fG>b9(>b(d>b9GG4559G(fG4c>`a4b(ke>(b4O(d>(`59b>(6eOd895Vd>(NG9O( a969n4(>O(G>b>Gi9bV(>O(>qf54a9`8_O(c(>O(i8d9(Ha85(c(9(79j4(`4ba4V47i896>Oa>J('aG4b(c9`868>Oa4b(ke>(O4(`98N9O(>O(>ba>(NGef4(fe>d>O(b>G(aG9bQf9b9d4b(9("O968( 3"6fG>b9(*9`84O95(d>(?8O>G]9:(ke>( a9678hO(>b(>ba9a95(4fe>d>O(b>G(d>b9GG4559d4b(`4O(a>G`>G4bV(eO(>j>6f54(>b(eO(fG4c>`a4(ke>(ke>d9>O(59(^4O9(d>()4f89f4(ke>(b>(55969(%O`9>54(ke>(>baM(b8>Od4(d>b9GG4559d4(4d>7>G]9(b>G(d>b9GG4559d4(f4G(&959eb(eO9(>6fG>b9(9ebaG9589O9J

"5(a>69(d>(>ba97858d9d(b>(d9(̀ 4O(>5(d>`G>a4(5>c(YWW(d>(̀ 468>O^4(d>(54b(RWV(>O>5(̀ e95(54b(8Oi>Gb84O8ba9b(>qaG9Oj>G4b(>OaG9O(>O(eO(̀ 4OaG9a4(̀ 4O(>5(>ba9d4V(54(̀ e955>b( N9G9Oa8^9( 8Oi9G897858d9d( aG87ea9G89V( `4Oa97858d9d( ( >O( 64O>d9( >qaG9Oj>G9V>OaG>(4aG9b(`4b9bV(>ba4(jeOa4(`4O(59b(`4O`>b84O>b(d>(`9GM`a>G(jed8`895(c(4aG9bO4G69a8i9bV(b>(=8^4(`e9Od4(=97]9(f4`9(d8bf4b8`8_O(9(8Oi>Ga8G(>O()=85>V(f4Gd8ba8Oa9b(G9^4O>bV(>ba4(9b>NeG979(9(54b(8Oi>Gb84O8ba9b(ke>(O4(879O(9(i>G(`96Q784b(>O(59b(O4G69a8i9b(ke>(>OgG>Oa979O(>O(59(aG87ea9`8_OV(>O(fG4f89`84O>bV(>O59b(`4O`>b84O>b(ke>(O4(ge>b>O(`46f>Ob9d9bV(>ba4(`4O(>5(47j>a8i4(d>(9aG9>G8Oi>Gb8_OV(59b(>6fG>b9b(ke>(b>(9`4j9O(9(>ba>(d>`G>a4(a4d9i]9(a8>O>(8Oi9G897858d9d>baG87ea9G89b(d>f>Od8>Od4(d>5(a8f4(d>(O4G69V(f4Gke>(a8>O>O(d8g>G>Oa>b(O4G69b=9ba9( d>( KW( 9n4b( c( eO9( a9b9( d>( 86fe>ba4( a4a95( d>( XK(w( b47G>( 59( `e95( b>d>b`e>Oa9O(54b(4aG4b(86fe>ba4b(ke>(fe>d9O(f9N9GV(d8N964b(9(59(G>Oa9(4(̀ 4b9b9b]l(d>(=>`=4(9ke](>baMO(fe>ba9b(59b(a9b9b(d>(86fe>ba4b(ke>(>b(59((ea858d9d(d>59(>6fG>b9(KWw(>ba>(9n4(b>(G9a8g8`_(b>(=9(69Oa>O8d4(>O(>ba>(i954GV(59b(G>6>b9bd>(ea858d9d>b(4(ke>(>b(9a8ON>Oa>(9(59(>6fG>b9(>qaG9Oj>G9(LS(w(f4G(59b(ea858d9Qd>b(ke>(>Oi]9O(95(>qaG9Oj>G4J

"5(86fe>ba4(9(59b(f>Gb4O9b(ke>(b47G>(59(79b>(g8O95(ke>(b>(aG87ea9(i9G]9(>OaG>(Xc(XW(w(`9678_(>ba>(9n4J("ba>(9n4(b>(9fG47_(eO9(Oe>i9(5>cV(a9678hO(a>O>64beO(86fe>ba4(>bf>`]g8`4(9(59(68O>G]9(>5(9fG479d4(>O(>5(KWWS(c(59(G>i8b8_O(d>59n4(KW!W(9(59(`e95(59b(>6fG>b9b(b>(f4d]9O(9`4N>G(i45eOa9G896>Oa>(c(a9678hOb47G>(>ba4(9f58`9GV(>ba4((b>(=8^4(95NeO4b(̀ 96784b(95(1(,(YWW(ke>(a9678hO(>G9Oi45eOa9G84b(f9G9(59b(>6fG>b9b(c(>ba4(b>(NG9i9(b47G>(54b(6MGN>O>b(4f>G9a8i4bV59(8d>9(fG8O`8f95(d>(>ba>(86fe>ba4V(>b(ke>(>O(ahG68O4b(>`4O_68`4b(59(>qaG9`Q`8_O(d>(G>`eGb4b(O9aeG95>b(N>O>G9(G>Oa9b(ke>(O4(>b(6Mb(ke>(a>O>G((N>454N]96ec(9aG9`a8i9(>O(eO(f9]b(̀ 4O(̀ 4ba4b(6ec(79j4bV(ke8>O(8Oi8>Ga>(>O(>5(b>`a4G(a8>O>f>G69O>Oa>6>Oa>(ea858d9d>b(4(6MGN>O>b(6ec(95a4b(ke>(d>(4aG9(69O>G9(d>7>QG]9(b>G(̀ 46f9Ga8d4(>OaG>(̀ 468559bV(̀ 4O(>5(de>n4(d>5(G>`eGb4(c(b8(i45i>64b(9aGMbV54(ke>(6>O`84O979(59(`4Oba8ae`8_O(d>(ke>(>5(de>n4(8O958>O975>(d>(>ba9(f>Ga>QO>O`89(>b(>5("ba9d4V(9=](eO(9GNe6>Oa4(ke>(b>(>bNG868_(>O(be(646>Oa4(f9G9>ba4b(̀ 96784bJ

!R!!R!!R!!R!!R!

A8O956>Oa>(4aG4b(9bf>`a4b(aG87ea9G84b(9(54b(̀ e95>b(>baM(bej>a9(59(68O>G]9(>ba9a95Vb>(f9N9(eO( 86fe>ba4(9d8`84O95(d>(XW(w(c(a9678hO(b>(f9N9O( 86fe>ba4b(d>9G9O`>5>bV(%<0V(b8(78>O(O4(>b(86fe>ba4(>b(a9678hO(eO9(d>i45e`8_O(=9`89(>5>ba9d4V(>5(f9N4(d>(d8i8d>Od4b(b47G>(ea858d9d>bJ

?>O`84O9G>(9=4G9(59(8Oba8ae`84O958d9d(b47G>(59(`e95(>ba9(5>N8b59`8_O(geO`84O9V59(8Oba8ae`84O958d9d(d>(59(68O>G]9(>O()=85>(>baM(`46fe>ba9(f4G(eO(?8O8ba>G84d>(?8O>G]9(ke>(>q8ba>(̀ 464(a95(d>bd>(!TSXV(̀ ec4(47j>a8i4(>b(d8b>n9GV(d8geOd8G59b(f45]a8`9b(68O>G9b(d>5(f9]b(c(>i>Oae956>Oa>V(54b(47j>a8i4b(ke>(>baM(a>O8>Od4>5(9`ae95(N478>GO4(b4O(d>b9GG4559G(>5(b>`a4GV(f4G(>j>6f54V(g9`858a9G(ke>(a4d4b(54bfG4c>`a4b(ke>(>baMO(>O(`9Gf>a9b(b>( 55>i9O(9(`974V(>O(Oe>baG4(`9b4(b8(78>Og9558d96>Oa>V(aG9a9G(ke>(b>(>qf54a>(6Mb(>5(58a84V(a9678hO(fG>4`ef9Gb>(ke>(a4d959b(>a9f9b(>O(59b(`e95>b((geO`84O9(>5(b>`a4GV(55M6>b>(>5(d>(59(>qf54G9`8_OV(594f>G9`8_O(68b69(c(54b(4aG4b(b>`a4G>b(ke>(fe>d9O(>ba9G(G>59`84O9d4b(`464fG4i>>d4G>b(>a`JV(geO`84O>O(9fG4f89d96>Oa>V(c(a9678hOV(>5(d>b9GG4554(d>(59f>ke>n9(c(6>d89O9(68O>G]9l(f9G9(>ba4(̀ e>Oa9(̀ 4O(d4b(8Oba8ae`84O>b(d>5(b>`a4GfH758`4V(eO9(>b(>5(+>Gi8`84(*9`84O95(d>(@>454N]9(c(68O9bV(b>(`4O4`>(`4640b>468OV(̀ ec4(g4`4(>baM(>O(59(g8b`958^9`8_O(d>(54b(a>69b(4f>G9`84O95>bV(>O(54ba>69b(d>(b>NeG8d9d(5974G95V(f>G4(a9678hOV(aG979j4(>O(`e9Oa4(9(54b(a>69b(d>`9Ga9b(N>45_N8`9bV(9(54b(a>69b(d>(f>Ga>O>O`89b(68O>G9b(>OaG>(4aG4bJ(&4G(4aG459d4(>ba9()4`=85`4V(ke>(>b(59(`468b8_O(`=85>O9(d>5(`47G>V(9be64(ke>(>O(59b8Ne8>Oa>(>qf4b8`8_O(Dh`a4G(=9759GM((6Mb(>O(fG4geOd8d9d(b47G>(59(g8b`958^9`8_Od>(59b((>6fG>b9b(f4G(f9Ga>(d>()4`=85`4V(f>G4(>O(ahG68O4b(N>O>G95>bV(b>(g8b`9Q58^9O(9(59b(>6fG>b9b(>ba9a95>b(ke>(b4O(59b(ke>(b>(O467G9O(9=]V(b>(g8b`958^9O(59b>qf4Ga9`84O>b(d>(59b(>6fG>b9b(8Oa>GO9`84O95>b(d>78d4(9(59(>q8ba>O(d>(aG9Obg>QG>O`89b(c(be( 86f9`a4(aG87ea9G84(c(a9678hO(b>(aG979j9(>O(f45]a8`9b(b>`a4G895>bjeOa4(95(?8O8ba>G84J

"O(`e9Oa4(9(59b(>6fG>b9b(>ba9a95>b(=9c(d4bV(eO9(ke>(b>(55969("O968(3"6fG>Qb9(*9`84O95(d>(?8O>G]9:(ke>( (d9a9(d>5( 9n4(!TSWV(f>G4(ke>(i8>O>(9( jeOa9Gd8g>G>Oa>b(9bf>`a4b(ke>(i>O]9O(d>bd>(9Oa>bV(eO4(>5( a>69(`G>d8a8`84(ke>(c9>q8ba]9(d>bd>(!TKWV(ke>(>b(>5(`Ghd8a4(ke>(b>(d9(9(54b(f>ke>n4b(c(6>d89O4b68O>G4bV(c(>5(4aG4( a>69V(ke>(>b( 59( geOd8`8_O(b>( b>G(`464(eO(>Oa>(ke>( 5>bf>G68a>(9ke>554b(fG4de`a4G>b(68O>G4b(ke>(O4( a8>O>O( 59(`9f9`8a9d(d>(>ba9G8Oa>NG9d4(=9`89(eO(fG4de`a4(6Mb(G>g8O9d4(>OaG>N9G5>(be(68O>G95(c(ke>(59(>6QfG>b9(54(G>g8O>(>(8O`5eb4(b>(fe>d9(>OaG9G(>O(59(>a9f9(d>(`46>G`8958^9`8_OJ

)4d>5`4(ke>(>b(5>(>6fG>b9(>ba9a95V(ke>(beGN8_(d>(59b(>ba9a8g8`9`84O>b(ke>(b>=8`8>G4O(>O(54b(9n4b(YW(c(RWV(d8>G4O(d>(NG9Od>b(68O>G95>b(ke>(>G9O(d>(fG4f8>Qd9d(>qaG9Oj>G9V(c(̀ 464(d8`>(9=](̀ 4O(59(5>c(d>5(N478>GO4(̀ 4Gf4G9a8i4(d>()4d>5`4Vke>(b>(=8^4(̀ e9Od4()=85>(8ONG>b_(9(59($,)1(f4G((>b4b(9n4bV(ke>(ge>(̀ 464(eOfG>GG>ke8b8a4(>5(`96784(d>(59(>baGe`aeG9(d8G>`a8i9(d>(59(>6fG>b9V(59(d>f>Od>OQ`89(>OaG>(>5(?8O8ba>G84(c(59(>6fG>b9(`9678_V(f9b4(9(b>G(6>O4b(d8G>`a9V(9Oa>bf4G(>j>6f54V(>5(68O8baG4(d>(68O>G9(>G9(f9Ga>(d>5(d8G>`a4G84(d>( 59(>6fG>b9V

!RK!RK!RK!RK!RK

9`ae956>Oa>(=9c(eO9(g8NeG9(ke>(>b(59(/eOa9(d>(0``84O8ba9bV(>O(59(̀ e95(f9Ga8`8f9>5( fG>b8d>Oa>( d>( 59( G>fe758`9( f>G4( >O( 59( fGM`a8`9V( f9Ga8`8f9( >5( ?8O8baG4( d>?8O>G]9V(>5(?8O8baG4(d>(D9`8>Od9(>O(G>fG>b>Oa9`8_O(d>5(fG>b8d>Oa>V(>b(d>`8GV(>568O8ba>G84(f9Ga8`8f9(`464(eO9(i>^(95(9n4(d>OaG4(d>(59b(d>`8b84O>b(ke>(a8>O>(59>6fG>b9(6Mb(ke>(>O(54b(d8G>`a4G84b(6>Obe95>b(`464(b>(>g>`ae979O((9Oa>G84GQ6>Oa>J

"O(>5(`9b4(d>("O968V(59("6fG>b9(*9`84O95(d>(?8O>G]9V(>ba9(>6fG>b9(f9Ga8`8Qf9(9(54(59GN4(d>(59(`9d>O9(d>5(i954G(68O>G4V(b8(aH(>G>b(eO(f>ke>n4(4(6>d89O4fG4de`a4GV(95Ne8>O(ke>(fG4de`>(eO9b(!W(685(a4O>59d9b(f4G(9n4V(ke>(>O(d8O>G4fe>d>(b>G(eO9(`8gG9(86f4Ga9Oa>V(f>G4(>O(ahG68O4b(d>(59(8OdebaG89(d>(>b`959(d>fG4de``8_O((f9G9(a>O>G( 8Oa>NG9`8_O(=9`89(fG4de`a4b(6Mb(>5974G9d4b(4(6MbG>g8O9d4bV(>a`JV(a4d9i]9(>b(79j4l(fe>d>b(f9Ga8`8f9G(d>(4`ef9G(54b(b>Gi8`84b(ke>a8>O>("O968V(59(>6fG>b9(a>(9ced9(>O(>5(a>69(d>(G>`4O4`868>Oa4(d>(G>b>Gi9bV(a>4a4GN9(`Ghd8a4b(f9G9(ae(geO`84O968>Oa4V(a9678hO(4a4GN9(`Ghd8a4b(d>(`9f8a95(d>G8>bN4V(9(59(>6fG>b9(ke>(b>(4`ef9O(7Mb8`96>Oa>(6e`=9b(i>`>b(f9G9(fG4bf>`Q`84O>b(d>OaG4(d>(59(68b69(68O9V(f9G9(9e6>Oa9G(59b(G>b>Gi9b(ke>(a8>O>(>ba>f>ke>n4(4(6>d89O4(fG4de`a4GV(f4O8>Od4(9b8ba>O`89(ah`O8`9(c(`46fG9(d>(68QO>G95>bV(>baM(4758N9d4(9(`46f9G9G(a4d4b(54b(68O>G95>b(ke>(5>b(55>N9O(d>(54bfG4de`a4G>b(c(f9G9(>554V(=9(d8bfe>ba4(>O(59b(d8g>G>Oa>b(^4O9b(68O>G9b(d>5(f9]bd8g>G>Oa>b(f59Oa9b(d>(7>O>g8`84(d>(68O>G95>bV(>b(d>`8GV(b8(ae(55>N9b(̀ 4O(ae(>qaG9`Q`8_O(b8O(69c4G(>5974G9`8_O(c(b>(59(>OaG>N9b(9(59(>6fG>b9V(59(̀ e95(̀ 4Oa8Oe9(6Mb9d>59Oa>(`4O(54b(d8ba8Oa4b(fG4`>b4b(ke>(G>ke8>G>(>O(>ba>(`9b4(59(68O>G]9(d>5`47G>V(f4G(>j>6f54(>5( a>69(d>(`=9O`94V(ke>(>b(645>G(>5(68O>G95V(d>bfehb`4O`>OaG9G54(f9b9G54(d>(eO9(5>c(d>(WVSw(95G>d>d4G((d>(LWw(ke>(c9(b8Gi>(f9G9f4O>G54(d>OaG4(d>(eO9(geOd8`8_OV(b>Gi8`84(ke>(a9678hO(a>(d>7>(fG>ba9G(>ba9>6fG>b9(d>OaG4(d>(be(G45(d>(g46>Oa4(d>(59(8OdebaG89(`47GMOd4a>(>5(`9GN4(d>69ke859V(`9GN4b(ke>(b4O(`46f>a8a8i4bV(a9678hO(>baM(fG>b>Oa>(>O(59(>a9f9(d>G>g8O9d4V(9e6>Oa9G(59(̀ 4O`>OaG9`8_O(d>(̀ 47G>(ke>(a8>O>(>5(fG4de`a4(=9ba9(ke>b>9(eO(fG4de`a4(6Mb(>5974G9d4(ke>(>5(ke>((=978ae956>Oa>(b>(i>Od>(c(a9678hOVa>(fe>d>(fG>ba9G(b>Gi8`84(d>(̀ 46>G`8958^9`8_OV(55M6>b>(>5(a>69(d>(̀ 47>GaeG9(d>fG>`84bV(ke>(b4O(54b(geaeG4b(f9G9(=9`>G(a4d9b(59(g8j9`84O>b(d>(fG>`84b(ke>(b>G>958^9O(>O(59(8OdebaG89J

'aG4(9bf>`a4(86f4Ga9Oa>(d>(59(fG>b>O`89(d>5("ba9d4V(c(>ba4(>b(95N4(69b(Oe>i4V9eOke>(O4(a>O>64b(f9Ga>(d>(59(8Oba8ae`84O958d9d(d>(59(68O>G]9(f>G4(d>OaG4(d>5d89NO_ba8`4(ke>(b>(=9(=>`=4(H5a8696>Oa>V(=9c(MG>9b(d4Od>(>baMO(g95a9Od495NeO4b(`96784bV(eO9(ke>(6>O`84O>(9Oa>G84G6>Oa>V(>G9(fG4i>>G(d>(69c4G8Og4G69`8_O(N>45_N8`9(f9G9(a>O>G(69c4G(̀ 4O4`868>Oa4(d>(d_Od>(fe>d>(=97>Gc9`868>Oa4b(b47G>(54b(̀ e95>b(>qf54a9GV(f>G4(a9678hO(=9c(4aG9b(d4b(MG>9b(ke>(b>6>O`84O9O(̀ 464(dh785>b(f9G9(>5(d>b9GG4554(d>(59(>qf54G9`8_O(ke>(>b(59(fG86>QG9(>a9f9(d>OaG4(d>5(O>N4`84(68O>G4V(eO9(>b(>5(a>69(d>(b>NeG8d9d(d>(59(8Og4G69Q`8_OV(>ba9G(b>NeG4(d>(54(ke>(b>(d8`>(ke>(a8>O>(eO(c9`868>Oa4(c(f9G9(>554(b>(d8`a_eO9(5>c(b47G>(59(f>Gb4O9(`46f>a>Oa>V(ke>(>O(>5(g4Od4V(i8>O>(9(>ba975>`>G(54

!RL!RL!RL!RL!RL

68b64(ke>(b>(9f58`9O(>O(54b(d8ba8Oa4b(f9]b>b(68O>G4bV(d4Od>(eO(fG4g>b84O95`>Ga8g8`9d4(a>(fe>d>(d>`8G(b8(eO(c9`868>Oa4(`e95>b(b4O(54b(a8f4b(fG4de`a4b(ke>a8>O>(c( 54(ke>(h5( d8`>( c9(>b( 9`>fa9d4(f4G( 59( >6fG>b9(fG4de`a4G9V(f4G( 54bg8O9O`8ba9bV(>a`JV(c(>ba4(a>(g9`858a9(>5(geO`84O968>Oa4(d>5(O>N4`84V(c(>5(4aG4(9bf>`Qa4(ke>(>baM(g9559Od4V(>O(>5(`e95(O4(>ba9(fG>b>Oa>(eO(g8O9O`8968>Oa4(54`95(d>(59>qf54G9`8_OV( c(f9G9(>554V( 59( `4Gf4G9`8_O(d>( g46>Oa4(ke>(>b(eO(4GN9O8b64d>f>Od8>Oa>(d>5(?8O8ba>G84(d>("`4O46]9V(`G>_(eO(g4Od4(d>(>qf54G9`8_O(68O>QG9V(ke>(>b(eO(g4Od4(d>(̀ 9f8a95(d>(G8>bN4(ke>(̀ 464(b>(6>O`84O9(9=]V(̀ 4g8O9O`89jeOa4(`4O(59(>6fG>b9(59(>qf54G9`8_O(>O(d8g>G>Oa>b(fG4c>`a4bV(>5(9n4(f9b9d4(>5a4a95(d>(fG4c>`a4b(g8O9O`89d4b(95`9O^4(9(!SW(68554O>b(d>(d_59G>bJ

F(g8O956>Oa>V(d>OaG4(d>(59(8Oba8ae`84O958d9d(fH758`9(d>(59(68O>G]9(>O()=85>Vd>74(d>ba9`9G(59(>q8ba>O`89(d>(59(+4`8>d9d(*9`84O95(d>(?8O>G9((d>bd>(>5(9n4!TZL(c(>5()4Ob>j4(?8O>G4(d>bd>(!TTZV(f4Gke>(b8(eba>d>b(G>i8b9O( 59(^4O9i8i9Oa8V(8Ne95(>5(68O8ba>G84(d>(68O>G]9V(54b(a>69b(NG>6895>b(c(b>`a4G895>b((=9O>ba9d4(78>O(G>fG>b>Oa9d4b(c(=9O(>ba9d4(fG>b>Oa>b(d>OaG4(d>5(d>b9GG4554(d>5b>`a4G(deG9Oa>(6e`=4b(9n4b(c(>b4V(=9(f>G68a8d4(ke>(>b4b(9bf>`a4bV(54b(a>69b`G>d8a8`84b(d>(54b(9n4b(KWV(54b(a>69b(ke>(>q8ba9O(eO9(geOd8`8_O(ke>(g46>Oa>(596>d89O9V(59(f>ke>n9(8OdebaG89(>O(54b(9n4b(!TSW(=9O(b8d4(>O(f9Ga>(9ced9d4b9(b>G(d8b>n9d4b(f4G(>ba9b(9b4`89`84O>bJ

"ba9(>a9f9(d>(59(fG>b>Oa9`8_O(ke>G]9(6>O`84O9GV(54b(9bf>`a4b(g8b`95>b(ke>(b>d>G8i9O(d>(59((86f4Ga9O`89(ke>(a8>O>(59(68O>G]9(f9G9(>5(`9b4(`=85>O4V(>5(b>`a4G>b(eO(b>`a4G(79ba9Oa>(i9G8975>V(54b(G>`eGb4b(O9aeG95>b(>b(eO(b>`a4G((`]`58`4V((>5`9b4(d>5(`47G>(>b(eO9(d>69Od9(d>G8i9d9(d>5(`47G>V(O4(>b(eO9(d>69Od9(f>GbhV(O8(b8ke8>G9(f9G9(>bf>`e59`8_OV(b8O4(ke>(b>(d>69Od9(f4Gke>(i9(=97>G(eO969c4G(9`a8i8d9d(geaeG9(c(95(g8O95(d>(`e>Oa9b(b>(i9O(9(`4ObaGe8G(6Mb(`9b9b(ke>G>ke8>G>O(̀ 975>(>5h`aG8`4V(f>G4(̀ 464(b97>64bV(59(>`4O46]9(>OgG>Oa9(d8g>G>Oa>b`8`54b(c(>ba4b(G>f>G`ea>O(>O(>5(̀ 9b4(d>5(̀ 47G>(c(>O(a4d9(59(̀ 9d>O9(d>(i954G(ke>>q8ba>OV(>Oa4O`>b(95(g8O95(d>(`e>Oa9b(b>(96f58g8`9OV(eO9(`9]d9(d>OaG4(d>5(fG4Qde`a4(g8O95V(f4G(>j>6f54V(54(ke>(i8i864b(>O(>5(9n4(KWWZ(59(`9]d9(d>(59(>`4O4Q6]9(̀ 4O(59(̀ G8b8b(be7(a86>V(aei4(eO(>g>`a4(79ba9Oa>(ge>Ga>(>O(54(ke>(>b(>5(b>`a4GJ"OaG>(>5(9n4(KWWZ(c(KWWTV(>5(fG>`84(`9c_(d>(LV!(d_59G(59(587G9(9(KVL(d_59G(59587G9(c(>ba4(>b(>g>`a4(d>( 54(ke>(ge>(>O(>b>(a8>6f4(( 59(`G8b8b(be7(a86>V(>ba98Oi9G897858d9d(47i896>Oa>(b>(aG9Ob68a>(9(54b(8ONG>b4(g8b`95>bV(b8(a>O>64b(eOb>`a4G(79ba9Oa>(86f4Ga9Oa>(`464(>b(>5(`9b4(d>()=85>(c(MG>9V(f4Gke>(`e>Oa9`4O(eO(>6fG>b9(>ba9a95V(c(eO(b>`a4G(fG8i9d4(>O(>5(MG>9V(59(8d>9(>b(`_64(=9`>Gf9G9(98b59G(>ba9(8Oi9G897858d9d(d>OaG4(d>(59(>`4O46]9V(95NeO4b(9Oa>`>d>Oa>bke>(eO4(fe>d>(i>G(9ke]V(>ba>(>5(&%;(=8ba_G8`4(d>()=85>(6>d8d4(f4G(dh`9d9bVfG46>d84(f4G(dh`9d9bV(>O(59(dh`9d9(!ZRWV(!TWW(ge>(fG>d468O9Oa>(59(68O>QG]9V(7Mb8`96>Oa>(b>(fG4de`]9(b95V(58a84V(O8aG9a4b(O9aeG95>bV(5e>N4(i8O4(eO(59GN4f>G84d4(d>( a>69b( d>( 8OdebaG8958^9`8_OV( >O( 54b( `e95>b( 59(68O>G]9(f9b4( 9( eOb>NeOd4(f59O4(c(G>`8hOV(9=4G9(>ba964b(i45i8>Od4(9(i>G(eO(`G>`868>Oa4(d>(5968O>G]9(>O(54b(9n4b(TW(̀ e9Od4(>OaG9G4O(>O(geO`84O968>Oa4(NG9Od>b(c9`868>OQ

!RX!RX!RX!RX!RX

a4b( `464( ge>V(>b`4Od8d9bV( `ec9Ne9b8OV( 54b(f>5967G>bV(f>G4(>ba4(O4( b8Ne8_fG>b>Oa>(>O(54b(9n4b(KWWWV(59(68O>G]9(>baM(79ba9Oa>(5>j4b(d>(54(ke>(>baM(`G>Q`8>Od4(>5(fG46>d84(d>5(f9]bV(`eM5(>b(59(G>bfe>ba9(9(>ba4V(>5(a>69(>b(ke>(>5>g>`a4(f4b8a8i4(ke>(=9(a>O8d4(59(68O>G]9(=9(b8d4(f4G(fG>`84V(f4G(>5(̀ G>`868>Oa4d>(f>b4V(̀ 4Ob8d>G9O(ke>(>OaG>(>5(9n4(KWWK(f9b4(d>(R!((̀ >Oa9i4b(59(587G9(95(9n4f9b9d4(f9b4(9(XWW(`>Oa9i4b(59(587G9V(>b>(>b(>5(>g>`a4(f4b8a8i4(ke>(b>(a8>O>b47G>(>5(f9]bV(f>G4(>O(ahG68O4b(d>(̀ 9Oa8d9dV(=9(b8d4(79ba9Oa>(f59O9(59(fG4de`Qa8i8d9dV(b95i4(9n4b(>q`>f`84O95>b(ke>(=9(be78d4(f>G4(ke>(5e>N4(=9(d>`9]d4d>78d4(9(ke>(59b(>6fG>b9bV(=9O(9`>5>G9d4(be(fG4de``8_O(f>Ob9Od4(ke>(>5(9n4b8Ne8>Oa>(4(be7b8Ne8>Oa>(54b(fG>`84b(879O(9(79j9GV(f4G(54(a9Oa4V(fG4de`]9O(6MbeO(9n4V(f>G4(54b(fG>`84b(b>Ne]9O(95a4b(f>G4(O4(f4d]9O(b>Ne8G(>b>(G8a64(f4GG9^4O>b(d>(59(f59O8g8`9`8_O(68O>G9V(59(b>`e>O`89(d>(>qf54a9`8_O(d>(eO(c9`8Q68>Oa4J

+8(eO4(`46f9G9(>5(9n4(TW(>5(RSw(d>5(`47G>(d>()=85>(54(fG4de`]9(7Mb8`96>Oa>)4d>5`4V(>O(`96784(9=4G9(>b(TLw(>b4(O4b(6e>baG9(>5(`G>`868>Oa4(ke>(=9a>O8d4(>5(b>`a4G(fG8i9d4(>O(>5(f9]b(deG9Oa>(>b>(a8>6f4V(7Mb8`96>Oa>(NG9`89b(959(8Oba8ae`84O958d9d(ke>(>q8ba>(f9G9(be(̀ G>`868>Oa4V(a9678hO(9(g9`a4G>b(>q_N>O4bV9(>b4(d8N964b(`464( ge>( 59(ie>5a9(9( 59(d>64`G9`89(>O(>b>( a8>6f4V( 54(`e958O`>Oa8i4(GMf8d96>Oa>(aG>b(NG9Od>b(c9`868>Oa4bV(eO4(ke>(ge>(d>b`e78>Ga4(>O54b(9n4b(ZW(c(ke>(>G9(59(>b`4Od8d9V(fG4Oa96>Oa>(`4c9Ne9b8(c(54b(f>5967G>bV`464(d8j>(9Oa>G84G6>Oa>J

)=85>V(=9(b8d4(eO(f9]b(`ec4( 8ONG>b4V(>O(>ba>(`9b4( 8ONG>b4b( g8b`95>bV(d>bd>b8>6fG>(=9(b8d4(79ba9Oa>(d>f>Od8>Oa>(d>(59(68O>G]9(c(d>bd>(b8>6fG>(=9(b8d4(59i9G897858d9d(ke>(>b4(N>O>G9V(b8(eO4(G>i8b9(>ba>(f>G84d4(95G>d>d4G(d>(!TWWV(5968O>G]9(G>fG>b>Oa9(>O(95NeO4b(`9b4b(>5(SWV(YW(w(d>(8ONG>b4b(g8b`95>bV(9`ae95Q6>Oa>(59(>baGe`aeG9(>`4O_68`9(>b>(f4G`>Oa9j>(>baM(>OaG>(>5(KWV(LW(wV(f9G99gG4Oa9G(a4d9(>ba9(i9G897858d9dV(keh(f45]a8`9(fH758`9(b>(=9(b>Ne8d4(>O(>5((g8b`4Vd>bd>(>5(9n4(!TZR(>5(68O8ba>G84(d>(=9`8>Od9(a8>O>(>5(g4Od4(d>(`46f>Ob9`8_Od>5(`47G>V(>ba>(i8>O>(9(=9`>G(eO(9=4GG4(`e9Od4(>5(fG>`84(>baM(>q`>b8i96>Oa>95a4V(c(b>(N9ba9(`e9Od4(>5(fG>`84(>ba9(79j4V(>5(a>69(ke>(59(d>g8O8`8_O(d>(ke>(>b95a4(c(ke>(>b(79j4V(>G9(95N4(ke>(d>f>Od]9(d>( 59(9ea4G8d9d(d>( 59(hf4`9( 879i9G89Od4(`9d9(9n4V(d>(9`e>Gd4(95(f>Ob968>Oa4(d>5(68O8baG4(d>(=9`8>Od9(d>>b>(646>Oa4J("O(>5(9n4(KWW!(>ba4(b>(̀ 9678_V(b8Ne8>Od4(>O(59(68b69(5]O>9V(b>8OaG4dej4( 54( ke>( b>( 55969( 59( f45]a8`9( d>( >O59`>( >baGe`aeG95V( >O( >5( g4Od4( >b>ba975>`>G(̀ eM5>b(b4O(54b(8ONG>b4b(f>G69O>Oa>b(ke>(a8>O>(>5(f9]b(̀ 4Ob8d>G9Od4eO(fG>`84(d>(̀ 47G>(d>(59GN4(f59^4V(O4(95(fG>`84(9`ae95(ke>(fe>d>(>ba9G(6ec(95a44(6ec(79j4(f4G(b8ae9`84O>b(`4ceOaeG95>b(c( a9678hO(`e95(>b(`G>`868>Oa4(d>a>Od>O`89(d>5(f9]bV( `4Ob8d>G9Od4(>b4b(d4b(9bf>`a4b(>O(>b4b(646>Oa4b(b>9be68_(ke>(b>(a>O]9(eO9(6>a9(d>(54NG9G(eO(bef>GMi8a(>OaG>(8ONG>b4(c(N9ba4(>O>5(59GN4(f59^4(d>(!w(d>5(&%;V(9d>6Mb(f9G9(=9`>G(>ba4(6>O4b(d>f>Od8>Oa>(d>(599ea4G8d9d(d>( 59(hf4`9V(ke>(b>(f4d]9(=97>G( a>Oa9d4(9(b>G(6Mb(N9ba9d4GV(b>d>g8O8_(59(>q8ba>O`89(d>(d4b(`468ahb(d>(>qf>Ga4bV(eO4(f9G9(>5(`9b4(d>5(&%;(c

!RS!RS!RS!RS!RS

4aG4(9(O8i>5(69`G4>`4O_68`4V(4aG4(f9G9(>5(`9b4(d>5(`47G>(c(>5(64587d>O4(f9G954(`e95V(>ba975>`>O(54b(i954G>b(ke>(b>(i9O(9(ea858^9G(f9G9(`95`e59G(59b(`e>Oa9bg8b`95>b(>ba4(8Od>f>Od8>Oa>(d>5(N478>GO4(c(a9678hO(b>(b4g8ba8`9G4O(54b(g4Od4b(>O54b(̀ e95>b(b>(9=4GG979(b>(̀ G>_(eO(g4Od4(d>(G>b>Gi9(d>(f>Ob84O>b(G>59`84O9d4(954b( a>69b(d>( je7859`84O>b( c( eO( g4Od4(d>( >ba97858^9`8_O( >`4O_68`9( c( b4`895G>59`84O9d4(6Mb(9(54b(N9ba4b(fH758`4bV(ke>(>O(54b(a>69b(b4`895>b(ke>(a8>O>(>5f9]bV(9=](b>(fG>b>Oa9O(54b(64Oa4b(ke>(9`ae956>Oa>(b>(a8>O>OV(>5(fG86>G4V(>5(d>f>Ob84O>b(>baM(̀ >G`9O4(9(54b(Y(685(68554O>bV(>5(4aG4(>baM(̀ >G`9O4(9((54b(!S(68568554O>b(c(>5(b>NeOd4V(>5(d>(>ba97858d9d(>`4O_68`9(c(b4`895(ge>(ea858^9d4(>Of9Ga>V(deG9Oa>(59(̀ G8b8b(d>5(KWWZV(9=](=9c(eO(eb4(̀ e9Od4(59(9`a8i8d9d(>`4O_68Q`9(6eOd895(c(f4G(>Od>(O9`84O95(`9c_J

F(f4ba>G84G6>Oa>V(54(ke>(>G9(59(G>N59(d>(keh(bef>GMi8a(b>(f4d]9(a>O>G(b>(55>N_=9ba9(eO(Ww(>O(>5(9n4(KW!WV(>b(d>`8GV(b>(5>(f>G68a4(95(g8b`4(N9ba9G(6Mb(d8O>G49(aG9ihb(d>5(9n4(c(a9678hOV(9(aG9ihb(d>5(a8>6f4(=9O(8d4(be78>Od4(54b(i954G>b(d>fG>`84(d>(59GN4(f59^4(d>(`47G>(ke>(b>(4`ef9O(`464(G>g>G>O`89J

0ke](=9c(`464(>5(&AV(`464(9`a8i8d9d(f4G(b958>Oa>V(`464(b>(d>a>G68O9(95(g8O95d>(̀ e>Oa9bV(>5(5]68a>(d>(N9ba4(>g>`a8i4(ke>(fe>d>(a>O>G(>5(f9]b(d9d4(>5(d>b`e>ba4d>(̀ eMOa4(b4O(54b(8ONG>b4b(ke>(b>(bef4O>(d>7>(a>O>G(>O(eO9(b8ae9`8_O(d>(59GN4f59^4(c(̀ eM5>b(b4O(54b(8ONG>b4b(f4G(a>69b(d>(̀ 47G>(c(d>(4aG4b(b>`a4G>b(G>fG>b>OQa9d4b(f4G(>5(&%;J

0=4G9(6>O`84O9G>(95NeO4b(9bf>`a4b(d>(54b(fG>`84b(d>(aG9Obg>G>O`89(ke>((b4OG>5>i9Oa>b(d>bd>(eO(feOa4(d>(i8ba9(aG87ea9G84(c(>O(ke>(g8j9Gb>(f9G9(>5(̀ 9b4(d>(5968O>G]9(d>5(`47G>J

$O9(f>ke>n9(8OaG4de``8_O(d>(keh(b4O(54b(fG>`84b(d>(aG9Obg>G>O`89V(`47G9d4>OaG>(d4b(>6fG>b9b(ke>(>O(>ba>(̀ 9b4(>b(G>5>i9Oa>(f9G9(54b(ahG68O4b(aG87ea9G84b`e9Od4(>O(Oe>baG4(̀ 9b4V(fG8O`8f956>Oa>(̀ e9Od4(b4O(>OaG>(>6fG>b9b(G>59`84O9Qd9b(f>G4(b>(e78`9OV(eO9(d>OaG4(d>5(a>GG8a4G84(O9`84O95V(c(4aG9(ke>(b>(e78`9(ge>G9d>5(a>GG8a4G84(O9`84O95V(>b(eO(>bke>69(6ec(ea858^9d4(>O(8OdebaG89b(ke>(955M(eO9g85895(d>(69Gt>a8ON(>O(95NHO(f9]b(fe>d>(b>G(f4G(>j>6f54V(=9c(95NeO9b(ke>(54a8>O>O(>O(+8ON9feGV(4aG9b(ke>(b>(e78`9O(>O(1e798V(>a`JV( 54b(fG>`84b(ke>(b>`47G9O(>OaG>(>554b(a95(̀ 464(4`eGG>(>O(4aG9b(8OdebaG89bV(fe>d>O(b>G(fG>`84b(ke>O4(Ne9Gd>O(G>59`8_O(`4O(aG9Ob9``84O>b(`46f>a8a8i9b(c(f4G(54(a9Oa4V(>baMO(>i8Qa9Od4(f9N9G( 86fe>ba4b( 54`956>Oa>(c(>b4(>b(>O( 54(ke>(b>(d>7>G]9O( g8j9G( 59bf>Gb4O9b(>O`9GN9d9b(d>5(a>69(>O(>5("ba9d4J

?e`=9b(i>`>b(b>(=9759(ke>(54b(̀ 46d8a>b(b4O(a4d4b(8Ne95>bV(c(f4G(54(a9Oa4V(̀ eM5>b(59(8d>9(d>(̀ _64(eO(fG4de`a4(68O>G4(>b(54(68b64V(̀ 47G>(>b(̀ 47G>(f4Gke>(d>>ba9G(g8jMOd4b>(b8(54(ke>(̀ 47G4(a95(>6fG>b9(d>7>G]9(̀ 47G9G54(59(4aG9V(>b>(d>7>G]9b>G(>5(`9O4O(9(ea858^9GV(f>G4(b8(eO4(G>i8b9(`_64(>baM(>baGe`aeG9d9(59(8OdebaG89V=9c(d8g>G>Oa>b(>a9f9b(>O(59b(`e95>b(b>(`47G9O(fG>`84b(d>(aG9Obg>G>O`89(c9(b>9

!RY!RY!RY!RY!RY

>OaG>(d8ba8Oa9b(>6fG>b9b(4(>OaG>(>6fG>b9b(G>59`84O9d9bJ(&4G(>j>6f54V(>5(9n4f9b9d4(59(fG4de``8_O(a4a95(ge>G4O(!TV(S(d>(68554O>b(a4O>59d9bV(d>(>ba9(=9c(!Zw(ke>(fG4i8>O>(d>(`=9a9GG9V(>b(d>`8GV(>5(`47G>(ke>(>baM(>O(`975>bV(G9d89d4G>bV>a`JV(ke>(>b(ie>5a4(9(f4O>G(>O(eO9(geOd8`8_OV(>O(G>g8O>G]9V(>b(9d>`e9d9(9(>ba>a8f4(d>(fG4de``8_O(c(ie>5i>(9(b958G(eO9(69a>G89(fG869(f>G4(=9c(eO(ZK(w(ke>fG4i8>O>(d>(fG4de``8_O(d>(68O9bV(d>(54b(̀ e95>b(!Zw(>b(d>(a8f4(4q8d4(4(ke>(c9b95>(`464(`Ma4d4V(`464(eO9(fG>b>Oa9`8_O(ke>(>b(Ha85(f9G9(=9`>G(fG4de`a48Oa>G6>d84V(c(=9c(eO(YXw(ke>(b8Ne>(>5(fG4`>b4(d>(>qaG9``8_O(d>(̀ 4O`>OaG9`8_Od>(9e6>Oa9G(59(5>c(ke>(a8>O>(>5(68O>G95(55>iMOd4b>(`4O`>OaG9d4V(c(f9b9(>ba9>a9f9(ke>(>bV(eO9(>b(59(>5>`aG4(G>g8O9`8_O(4(eO9(geOd8`8_OV(c(9ke](b>(fG4de`>eO(fG>`84(d>(aG9Obg>G>O`89(d>(i>Oa9(d>(`4O`>OaG9d4bV(g8O956>Oa>V(59(geOd8`8_O>baM(8Oa>NG9d9(`4O(59(G>g8O>G]9(>Oa4O`>bV(9ke](O4(=9c(eO(fG>`84(d>(G>g>G>O`89VeO(!Yw(>b(59(ke>(O4(>baM(8Oa>NG9d9J

("Oa4O`>b(9ke](=9c(95NeO9b(>a9f9b(>O(59b(̀ e95>b(=9c(eO(fG>`84(d>(aG9Obg>G>O`89ke>(b4O(G>5>i9Oa>b(9(̀ 4Ob8d>G9GV(59(i>Oa9(d>(̀ Ma4d4b(ke>(b95>(d>(geOd8`8_O(4(>5`Ma4d4(ke>(b95>(58q8i89d4V(ke>(>b(d>(fG4de``8_O(d>(`8>Ga4(a8f4(d>(68O>G95(ke>b>(55969(4q8d4V(c(54(86f4Ga9Oa>(9(̀ 4Ob8d>G9G(9ke]V(>b(ke>(>OaG>(6Mb(d8g>G>O`89Qd4(b>9(>5(fG4de`a4(6Mb(̀ >G`9O4(9(59(>a9f9(d>(̀ 4O`>OaG9d4(>ba9V(>ba>(>b(6>O4b=464NhO>4(f4b>>(d8g>G>Oa>b(̀ 9G9`a>G]ba8`9b(c(a8>O>(beb(d8g>G>Oa>b(be7(fG4de`Qa4bV(a95(̀ 464(6>O`84Oh(9Oa>G84G6>Oa>V(=9c(f9]b>b(ke>(fG4de`>O(̀ 47G>(̀ 4O(4G4c(=9c(4aG4bV(ke>(fG4de`>O(`47G>(`4O(eG9O84J("OaG>(6Mb(`>G`9O4(>bah(9(54b`Ma4d4bV(a8>O>(eO9(fG>b>Oa9`8_O(`4O(TTVTTw(d>(feG>^9(>5(fG4de`a4(>b(6Mb=464NhO>4(f4G(54(6>O4b(>O(be(`958d9dV(O4(9b](>O(4aG4b(g9`a4G>b(`464(b4O`4Od8`84O>b(̀ 46>G`895>bJ

"ba>(aG979j4(ke>(b>(=8^4(=9`>(eO(f9G(d>(9n4bV(b>(6e>baG9O(59b(69c4G>b(>6fG>Qb9b(fG4de`a4G9b(c(>5(feOa4(9(d>ba9`9G(>b(ke>(=9c(95NeO9b(6Mb(8Oa>NG9d9b(ke>4aG9b(c(i4c(9(O467G9G(95NeO9bV(>5(̀ 9b4(d>()4d>5`4V(>ba9(8Oa>NG9d9(>O(54b(a>69b68O>G4b(Oe>baG9(fG4de``8_O(>b(6Mb(d>5(ZWw(d>(fG4de`a4b(G>g8O9d4b(c(a8>O>4aG9(`464(eO(;D&V(ke>(be(fG4de``8_O(>b(fG8O`8f956>Oa>(`4O`>OaG9d4b(c(beb`58>Oa>b(b4O(fG8O`8f956>Oa>(geOd8`84O>b(`=8O9b(c(j9f4O>b9bV(c(a8>O>(4aG9b(>6QfG>b9bV(̀ 464(>ba9(Geb9(@?|(ke>(55>N9O(=9ba9(fG4de`a4b(g8O95>bV((f4G(>j>6f54Vg97G8`9`8_O(d>(G9d89d4G>bV(>Oa4O`>b(59(>baGe`aeG9(d>(59(8OdebaG89(>O(N>O>G95(O4>b(=464NhO>9V(=9c(eO9b(ke>(>baMO(6Mb(8Oa>NG9d9b(=9`89(9d>59Oa>V(fG4de`>OfG4de`a4b(6Mb(G>g8O9d4b(c(4aG9b(ke>(O4(54(=9`>OJ(0(be(i>^V(95NeO4b(a>69b86f4Ga9Oa>b(>O(>ba9(8OdebaG89(`4Ob8d>G9O(keh(`4b9b(d>a>G68O9O(>ba4b(fG>`84bd>(aG9Obg>G>O`89V(b4O(a>69b(G>59`84O9d4b(95(6>G`9d4V(̀ e9Od4(>ba964b(=9759OQd4(>O(>ba>(`9b4(d>(fG4de`a4b(G>g8O9d4bV(`464(b4O(59(G>59`8_O(>OaG>(4g>Ga9(cd>69Od9V(d_Od>(>baMO(54b(8Oi>Oa9G84b(d>5(fG4de`a4V(f4G(>j>6f54(=e74(95NeO4b9n4bV(>5(9n4(KWWK(=97]9(6e`=9(̀ 4O`>OaG9`8_O(d>(8Oi>Oa9G84b(>O("J$J(̀ e9Od459(d>69Od9(>G9(>O()=8O9V(>Oa4O`>b(=97]9O(d8g>G>Oa>b(fG>`84bV(59(54N]ba8`9(d>5>Oi]4(d>5(fG4de`a4(O4(>b(54(68b64(>Oi89G54(d>bd>()4G>9(d>5(+eG(9("eG4f9V(ke>>Oi89G54(d>()4G>9(d>5(+eG(9()=8O9V(59(>baGe`aeG9(d>(fG>`84b(geaeG4b(ke>(g8O95Q

!RR!RR!RR!RR!RR

6>Oa>(>5(̀ 47G4(d>5(fG4de`a4(O4(>b(>O(>5((fG>`84(9`ae95V(=9c(d8g>G>Oa>b(6ha4d4b>bf>`8956>Oa>(>b(9(geaeG4V(̀ 464(>baMO(54b(fG>`84b(b8(i9O(95(95^9(4(i9O(79j9Od4V>b4(d>a>G68O9O(d8ba8Oa9b(`4Od8`84O>b(d>5(fG>`84(aG9Obg>G>O`89V(a9678hO(`464>baM(>5(6>G`9d4(9`ae95V(̀ e95>b(b4O(54b(̀ 4ba4b(d>(aG9Ob9``8_O(ke>(=9c(8Oi45e`G9d4ba9Oa4(d>(`468b84O>b(c(4aG9b(`4b9bV(c(54(ke>(>b(a45>G9O`89(95(G8>bN4(G>fG>b>Oa9Qd9b(f4G(59b(a9b9b(d>(8Oa>Ghb(86f5]`8a9b(>OaG>(54b(̀ 4OaG9a4bV(>OaG>(54b(fG4de`a4G>bJ#e>G]9(d>a>O>G6>(eO(f4`4(f9G9(8G(>O(fG4geOd8d9d(9(54(ke>(b4O(54b(̀ 4O`>OaG9Qd4bV(9ke](=9c(eO(>bke>69(d>5(fG4`>b4(68O>G4V(>O(>ba>(`9b4V(>O(54(ke>(c46>O`84O979(ke>(b4O(54b(be5geG4bV(54(ke>(f9b9(d>bd>(59(68O9(=9ba9(eO9(f59Oa9d>(`=9O`94V(>O(59(`e95(b>(9e6>Oa9(59(`4O`>OaG9`8_O(d>5(fG4de`a4V(>b(d>(eO95>c(ke>(fe>d>(b>G(eO(WJSw(95G>d>d4G(d>(eO(LWw(>O(59(f59Oa9(̀ 4O`>OaG9d4G9V(c9=](c9(a8>O>b(eO(fG4de`a4(`46>G`8975>(ke>(fe>d>(8G(9(eO(`58>Oa>(>qa>GO4V(>ba4b8Ne>(>O(>5(fG4`>b4(>O(eO9(>a9f9(d>(geOd8`8_O(>O(95(̀ e95(b95>(4aG4(fG4de`a4(ke>>b(69a>G89(fG869(d>(54b(`Ma4d4bV(b95>(eO(58ba>G(d>(TZV(TTVSw(d>(feG>^9V(=9ba955>N9G(9(eO(`Ma4d4(ke>(a8>O>(eO(TTVTTw(d>(feG>^9V(>b>(`Ma4d4(>b(69a>G89fG869(=978ae956>Oa>(d>(9(be(i>^(4aG4b(fG4de`a4b(b>68(69Oeg9`aeG9d4bV(̀ 464b4O( 54b(ke>(b>(eb9O(f9G9(>5974G9G(`975>b( ae74bV(f>Gg85>bV(>a`JV(>b>( a8f4(d>fG4de`a4(>baM(>baGe`aeG9d4(d>(>ba9(69O>G9(f4G(>5(d8b>n4(ke>( a8>O>O(f9G98ONG>b9G(59(69a>G89(fG869(54b(fG4de`a4G>b(d>(>ba4b(fG4de`a4b(b>68(69Oeg9`aeQG9d4bV(fe>d>O(`96789G(beb(69ke8O9G89b(f9G9(8ONG>b9G(>5(`47G>(d>(4aG9(69O>QG9V(=9c(95NeO9b(ke>(9`>fa9O(8ONG>b9G(`=9a9GG9(d8G>`a96>Oa>V(>b(eO(a>69(8OQdebaG895(ke>(G>ke8>G>(`96784b(>O(54b(b8ba>69b(f9G9(f4d>G(9d>`e9Gb>J

F(9ke]( `464(>j>6f54(d>( b>68(69Oeg9`aeG9d4bV( 8O`5ec>( 54(ke>( b>( 55969(>595967G_OV(ke>(>b(59(69a>G89(fG869(d>(54(ke>(b4O(54b(`975>bV(>b(eO4(d>(54bfG8O`8f95>b(d>ba8O4b(d>5(eb4(d>5(`47G>J

0ke](=9c(>5(58ba9d4(d>(95NeO9b(d>(59b(`4b9b(ke>(b4O(G>5>i9Oa>b(ke>(=9c(ke>`46f9G9G(>OaG>(>ba9b(aG9Ob9``84O>bV(a>O>64b(9GG879(54b(̀ 9GN4bV(keh(fG4de`a4bb4O(54b(ke>(a>(i9O(9(f9N9GV(f4Gke>(9eOke>(>5(69a>G895(a>ON9(4G4(4(f59a9V(O4a4d4b(a>(i9O(9(f9N9G(b4O(6Mb(955M(d>(`8>Ga9b(`4O`>OaG9`84O>b(f4G(>j>6f54V(4=9c(fG4de`a4b(ke>(eO(geOd8d4G(O4(a>(i9(9(f9N9G(f4Gke>(O4(a8>O>(59(a>`O454N]9f9G9(G>`ef>G9G54V(>Oa4O`>b(ae(fe>d>b(d>`8G(ae(>ba9b(̀ 47G9Od4(6>O4b(d>(54(ke>d>7>G]9bV(f>G4(59(aG9Ob9``8_O(b8Ne>(b8>Od4(>5(6>G`9d4(f4Gke>(>5(`58>Oa>(O4(a>54b(f9N9J

->O>64b(54(ke>(b4O(54b(i954G>b(d>(69ke859(a9Oa4(d>5(fG4de`a4(fG8O`8f95(̀ 464d>(be7fG4de`a4bV(54(ke>(6>O`84O979(d>(f>O958^9`84O>b(f4G(̀ 46f4O>Oa>b(ke>O4(b4O(d>b>9d4bJ

)46f>Ob9`8_O( d>( aG9Obf4Ga>( >OaG>( d8g>G>Oa>b( 54`958^9`84O>b( N>4NGMg8`9bVb>( =9`>( O>`>b9G84( =9`>G( >ba9b( `46f>Ob9`84O>b( f9G9( 8Ne959G( d8g>G>Oa>bfG4i>>d4G>bJ

!RZ!RZ!RZ!RZ!RZ

,4b(ahG68O4b(d>(f9N4V(>ba9b(b4O(`4Od8`84O>b(6Mb(=978ae95>b(>OaG>(d8g>G>Oa>b8OdebaG89bJ

"5(f>G84d4(d>((̀ 4a8^9`8_OV(̀ eM5((i9(9(b>G(>5(fG>`84(ke>(aH(i9b(9(g8j9GV(>5(fG>`84(d>56>b(b8Ne8>Oa>V(>5(fG>`84(9(aG>b(6>b>b(6MbV(>5(fG>`84(d>5(9GG874V(>a`JV(=9c(6H5Qa8f5>b(̀ 4Od8`84O>b(d>OaG4(d>(59b(i>Oa9b(ke>(a>(=9`>O(79ba9Oa>(̀ 46f5>j4(>ba975>Q`>G(59(`46f9G9`8_O(>OaG>(54b(fG>`84b(d>(54b(fG4de`a4b(i>Od8d4b(c(i>G(b8( 54bfG>`84b(d>(aG9Obg>G>O`89(b4O(>g>`a8i96>Oa>(9(i954G>b(d>(6>G`9d4J

#e>G]9(d>j9G(>ba4(=9ba9(9`MV(c(d>d8`9G(eO4b(68Oea4b(9(i>G(59(H5a869(f9a9(d>(59f45]a8`9(68O>G9(>O()=85>V(ke>(>b( 59(>q8ba>O`89(d>(eO9(NG9O(>6fG>b9(>ba9a95fG4de`a4G9(d>(`47G>(ke>(b>(55969()4d>5`4V(>b(59()4Gf4G9`8_O(*9`84O95(d>5)47G>V( ke>( `9b8( d4759( 9( 59( b>NeOd9(69c4G( >6fG>b9(ke>( a9678hO(fG4de`>`47G>V(b8(eO4(68G9G9(f4G(i>Oa9b(59b(69c4G>b(>6fG>b9(ke8^Mb(b>G89O(d8ba8Oa9bVf>G4(>5(b>`a4G(9`ae956>Oa>(a8>O>(6MGN>O>b(79ba9Oa>(95a4b(54(̀ e95(54b(f4O>(>O(54ba4f>b(d>5(G9Ot8ONV(>O(`e9Oa4(9(i>Oa9b(>b(59(69c4G(>6fG>b9(d>()=85>V(b>(feb4>O(fG86>G(5eN9G(5e>N4(d>(`46fG9G(->Gf>5(9`M(>O()4546789V(>O(ahG68O4b(d>,9a8O496hG8`9(d>OaG4(d>(54(H5a864b(G9Ot8ON(d>(06hG8`9(>`4O46]9V(i>64b(ke>d>OaG4(d>(59b(!W(69c4G>b(>6fG>b9bV(59(fG8O`8f95(fG4de`a4G9(>b(<95>V(>b(eO9>6fG>b9(68O>G9((7G9b85>G9(̀ ec4(g4`4(>b(>5(=8>GG4V(ke>(>b(59(69a>G89(fG869(ke>a8>O>(59(g97G8`9`8_O(d>(9`>G4V(ke>(>b(54(6Mb(86f4Ga9Oa>(d>OaG4(d>5(d>b9GG4554ke>(>baM(b8Ne8>Od4()=8O9(9`ae956>Oa>V(f>G4(ke>(>ba>(9n4(=9(begG8d4(79ba9Oa>d>(fG>`84(f4G(54(a9Oa4(fG47975>6>Oa>(̀ 98N9(d>OaG4(d>(>ba4b(G9Ot8ONV(̀ 4O(a4d4)4d>5`4(b>(e78`9(>O(ke8Oa4(5eN9G(9(O8i>5(59a8O496>G8`9O4V(59(b>NeOd9(>6fG>b968O>G9(d>(`47G>(d>()=85>(>b`4Od8d9(>baM(>O(4`a9i4V(>ba4(>b(f9G9(64baG9G(5986f4Ga9O`89(ke>(a8>O>(59(>6fG>b9(9(O8i>5(54`95(c(9(O8i>5(G>N84O95V(eO4(f4dG]9f>Ob9G( ke>( a95( `464( i864b( >5( a>69( g8b`95V( 59( 86f4Ga9O`89( d>( 54b( 8ONG>b4b68O>G4bV(>5(a>69(d>(eO9(>6fG>b9(6ec(NG9Od>(f4dG]9(b>G(95N4(O4`8i4(ke>(O4b>(d9(>O(Oe>baG4b(f9]b>bV(9ke](=9c(eO(G9Ot8ON(b9`9d4(d>(>`4O468`b(d4Od>i>64b(ke>(=9c(6e`=9b(>6fG>b9b(79ba9Oa>(6Mb(NG9Od>b(>O(ahG68O4b(d>(i>Oa9bc(&%;(i>Gbeb(>5(`9b4(d>()4d>5`4(ke>(b4O(RVS(8O`5ec>(4aG9b(>6fG>b9b(59a8O49Q6>G8`9O9b(c(4aG9b(fG4de`a4G9b(d>(`47G>V(ke>(b4O( a9678hO(>ba9a95>bV(`464>ba9b(d>(%GMO(c(>ba9(d>(&454O89(ke>(O4(G>fG>b>Oa9O(6e`=4(f4G`>Oa9j>(d>5(&%;d>5(f9]bV(>O(ahG68O4b(N>O>G95>b(O4(b>(i>(ke>(O4(b4O(>6fG>b9b(a9O(NG9Od>bf9G9(`G>9G((NG9Od>b(`46f58`9`84O>b(`464(f4dG]9(b>G( 54(ke>(=9(f9b9d4(>OA8O59Od89( 5e>N4(d>(59(6>O4G(9`a8i8d9d(ke>(a8>O>(*4t89(d9d4(be(fhGd8d9(d>6>G`9d4(>O(54b(a>5hg4O4bV(f4G(d9G(eO(>j>6f54J

,9(>6fG>b9b(a8>O>O(4f>G9`84O>b(>O(`=85>(d4Od>(>baMO(beb(4f>G9`84O>b(=8ba_QG8`9b(ke>(b4O(59b(d8i8b84O>b(d>5(O4Ga>(`=eke8`969a9V(G968G4(a46cV(b95i9d4GVa8>O>(eO9(geO`8_O(d>(i>Oa9O9b(`>G`9(9(+9Oa89N4V(ke>(5>(`46fG_(=9`>(95NHOa8>6f4(9("O968(>O(>5(9n4(KWWSV(>baM(d>b9GG4559Od4(9`ae956>Oa>(d8ba8Oa4bfG4c>`a4b(c(eO(fG4c>`a4(Oe>i4(>O(>5(O4Ga>V(a8>O>(>qf54G9`8_O(=8ba_G8`96>Oa>f>G4(9`ae956>Oa>(̀ 4O`>OaG9((be(>qf54G9`8_O(d>(YWV(RW(68554O>b(d>(d_59G>b(d>

!RT!RT!RT!RT!RT

eO(RSw(>O()=85>V(KSw(>O(4aG4b((f9]b>b(d>(,9a8O496hG8`9V(f9Ga8`e59G6>Oa>>baM(fG479Od4(>O(;G9b85V("`e9d4G(c()4546789(=8ba_G8`96>Oa>(59b(>qf54G9`84QO>b(8Oa>GO9`84O95>bV(b4596>Oa>(b>(=9(d>b`e78>Ga4(95N4(>O(;G9b85(ke>(O4(>G9(d>7e>O(a969n4(c(b>(i>Od8_(9(eO9(>6fG>b9(7G9b85>G9V(c(f4b>>(4g8`8O9b(`46>G`89Q5>b(>O(54b(fG8O`8f95>b(6>G`9d4b(d>5(6eOd4V("J$J(>O("eG4f9V(=9c(d4b(4g8`8O9b>O(,4OdG>b(d4Od>(>baM(59(745b9(ke>(b>(aG9Ob9O(>ba4b(fG4de`a4bV(4aG9(>O(05>69QO89(c(>O()=8O9J(1>bd>(>5(fG8O`8f84(d>(be(=8ba4G89(RYV(eO(f4`4(9Oa>bV(59(>6fG>Qb9(=9(b8d4(59(69c4G(fG4de`a4G9(d>5(6eOd4V(b8(eO4(i>V(b>(=9(69Oa>O8d4(>ba975>d>OaG4(d>(eO(!WV(!Lw(d>(fG4de``8_O(d>5(6eOd4V(>b4(̀ 4Ob8d>G9Od4(ke>(>5(a4a956eOd895(=9(f9b9d4(d>(54b(ZZ(68554O>b(>O(KW!!(9(!Y(68554O>bV(4(b>9(=9(8d49e6>Oa9Od4(be(fG4de``8_O(c(a9678hOV(>b4(G>i8b9(54(ke>(f9b4(=8ba_G8`96>Oa>>O( 54b(9n4b(ZWV(TW(9=]( i>]964b(ke>(=97]9(4aG9b(>6fG>b9b(fG8O`8f956>Oa>9gG8`9O9b(ke>(>G9O(86f4Ga9Oa>b(f>G4(ke>(̀ 4O(>5(f9b4(d>5(a8>6f4(d>b9f9G>`8>QG4O(d>78d4(9(ke>(O4(54N9G4O(69Oa>O>G(59(>ba97858d9d(>O(be(f9]b(f9G9(69Oa>QO>Gb>(86f4Ga9Oa>b(>O(59(fG4de``8_Ol(`4O(a4d4(>b(86f4Ga9Oa>(d>ba9`9G(ke>(>OahG68O4b(d>(64O>d9V(>b(̀ 46f9G975>(d>bd>(be(geOd9`8_O(=9(N>O>G9d4(!WW(68568554O>b(d>(d_59G>b(f9G9(>5(>ba9d4(`=85>O4V(c(6Mb(d>5(SYw(d>(>ba9(N>O>G9`8_O=9(b8d4(>O(54b(H5a864b(Z(9n4bV(>O(ahG68O4b(g8O9O`8>G4b(f4b>>(eO("78ad9(d>ZJZWW(68554O>b(d>(d_59G>bV(>5(69GN>O(d>5(SWw(eO9(7e>O9(`47>GaeG9(d>(bebN9ba4b(g8O9O`8>G4bV(54(̀ e95(5>(f>G68a>(69Oa>O>G(978>Ga4(>5(>Od>ed968>Oa4(79OQ`9G84(f9G9(b>Ne8G(g8O9O`89Od4(Oe>i4b(fG4c>`a4b(c(beb(`59b8g8`9`84O>b(b8Ne>O>ba975>b(>O(0(f9G9(>5(`9b4(d>(+a9Od9Gd(9Od(f44GbV(>O(ahG68O4b(d>(be(9f4Ga>95(g8b`4(>OaG>(>5(9n4(TW(c(KW!!V(9f4Ga4(eO(!!w(d>(54b(8ONG>b4b(g8b`95>b(d>5f9]bV(6Mb(d>(eO(LWw(d>5(86fe>ba4(9NG>N9d4(4(%<0(c(54b(9f4Ga>b(>ke8i95>O(9eO(LLw(d>5(N9ba4(>O(b95edV(i8i8>Od9(c(>de`9`8_OV(>b(d>`8GV(G>be68>Od4(a4d4b>b4b(d9a4b(59(>6fG>b9(=9(b8d4(Ha85(f9G9(>5(f9]b(̀ 464(eO9(ge>Oa>(86f4Ga9Oa>(d>N>O>G9`8_O(d>(G>`eGb4b(ke>(=9O(b8d4(9f58`9d9b(d>OaG4(d>(59b(f45]a8`9b(N>O>G9Q5>b(d>5(f9]b(d>(d>b9GG4554V(>a`JV(b>(69Oa8>O>(`464(fG86>G(fG4de`a4G(`4O(7e>QO4b(d9a4b(g8O9O`8>G4bV(54(`e95(6e>baG9(ke>(b8>Od4(eO9(>6fG>b9(fH758`9(fe>d>b>G(78>O(9d68O8baG9d9V(f>G4(b](=9( a>O8d4(95NeO4b(`96784bV(=9`>(eO(f9G(d>9n4bV(L(9n4bV(`e9Od4V()=85>(8ONG>b4(9(59(')1"(eO4(d>54b(G>ke8b8a4b(ge>(`96Q789G( 95( N478>GO4(`4Gf4G9a8i4(d>( 59( `4Gf4G9`8_OV(fG8O`8f956>Oa>(9(ke>(>ba>ge>G9(6>O4b( 8Od>f>Od8>Oa>(d>5(N478>GO4(c( geO`84O9G9(d>(eO9(69O>G9(6Mb68G9Od4(9(59GN4(f59^4V(>O(f9Ga8`e59G(G>be68>Od4V(b>(ge>G4O(54b(68O8baG4b(d>68O>G]9(c(d>(=9`8>Od9(d>5(d8G>`a4G84(c(f9b9G4O(9(b>G(f9Ga>(d>(eO9(g8NeG9(d>/eOa9( d>( 0``84O8ba9b( d>( 59( `e95( >b( 6Mb( ke>( bef>Gi8b4G9( ke>( >j>`ea4G9V( 59deG9`8_O(d>(54b(`9GN4b(a8>O>(ke>(i>G(6>O4b(`4O(>5(`8`54(f45]a8`4(c(b4O(>b`4N8Qd4bV(6Mb(d>(9`e>Gd4(9(a>69b(6Mb(ah`O8`4b(>O(6e`=4b(`9b4b(>O( 54(ke>(b>55969( 59( 95a9( d8G>``8_O(fH758`9( c( 9d>6MbV( a9678hO( 86f4Ga9Oa>V( >b( ke>( b4OG>bf4Ob975>b(d>(beb(9`a4bV(54(`e95(=9(N>O>G9d4(gG8``8_O(`4O(59(9d68O8baG9`8_Oke>(fe>d>(i>G(6e`=9(8OaG468b8_O(d>5(d8G>`a4G84(>O(be(N>ba8_O(d>5(d]9(9(d]9Vf>G4(>b(f9Ga>(d>(59b(geO`84O>b(ke>(>ba>(a8>O>J

!ZW!ZW!ZW!ZW!ZW

1G1G1G1G1GJ( D>`aJ( D>`aJ( D>`aJ( D>`aJ( D>`a4G( ?4G9N9( )=J4G( ?4G9N9( )=J4G( ?4G9N9( )=J4G( ?4G9N9( )=J4G( ?4G9N9( )=J3)=3)=3)=3)=3)=88888 5>:5>:5>:5>:5>:

"qf>Ga4(>O(0ed8a4G]9V(.8>bN4V()4OaG45(c(@>ba8_O(9(O8i>5(d>(fG4`>b4b(d>(O>N4Q`84V(8O`5e8d4b(54b(fG4`>b4b(d>(59b(->`O454N]9b(d>(59(%Og4G69`8_OV(>O(d8i>Gb9b8OdebaG89b(c(`46f9n]9bJ(-8>O>(96f584()4O4`868>Oa4(>O(+4gaz9G>(d>(0f58`9Q`84O>b(".&(c(+8ba>69b('f>G9a8i4bJ(&G8O`8f84b()4Oa975>b(3%A.+(?8O8ON:V(->`QO454N]9b(d>(%Og4G69`8_OV(0OM58b8b(d>(19a4b(c(?>a4d454N]9b(d>(0ed8a4G]9(%Oa>GQO9(c("qa>GO9(38O`5e8d9b()'+'V()';%-V(+0.;0*"+('B,"F:J(0`ae956>Oa>(b>d>b>6f>n9(`464()4Obe5a4G(%Oa>GO9`84O95(c(Ae>(d8G>`a4G(d>(A8b`958^9`84O(d>)4`=85`4J

!Z!!Z!!Z!!Z!!Z!

A%+)0,%20A%+)0,%20A%+)0,%20A%+)0,%20A%+)0,%20)%I*( 1"( ,)%I*( 1"( ,)%I*( 1"( ,)%I*( 1"( ,)%I*( 1"( ,0( %*1$+-.%0( ?%*".0( %*1$+-.%0( ?%*".0( %*1$+-.%0( ?%*".0( %*1$+-.%0( ?%*".0( %*1$+-.%0( ?%*".00000

&G86>G4(ke8>G4(9NG9d>`>G(9(59(AeOd9`8_O('Ga>N9(c(@9bb>aJ(-ei>(59(4f4GaeO8Qd9d(d>(8G(9(d9G(eO9(`=9G59(9(beb(`45>N9b(>O(;4N4aM(=9`>(d4b(6>b>bV(ge>(eO96ec(7e>O9(>qf>G8>O`89(c(>bf>G4(G>f>a8G59(9ke](>O(>baG8`a4(G8N4GJ(&>G4(9Oa>bd>74(G>f>a8G(eO9(9Oh`d4a9J("Oa8>Od4(ke>(>5(=4G9G84(>b(`46f5>j4(f9G9(a4d4bJ->ON4(aG>b(=8j4bV(d4b(O>O9b(d>(Oe>i>(c(b>8b(9n4b(9(59b(̀ e95>bV(9Oa>b(d>(i>O8GV(5>b>qf58keh(b47G>(keh(a>O]9(ke>(=9759G(95(g8O95(c(6>(d8j>G4O(ke>(>G9(6ec(7e>O4f4Gke>(54b(6>j4G>b(G>N954b(i8>O>O(95(g8O95J(0b](68b64(a>ON4(eO(=8j4(d>(aG>`>9n4b(ke>(6>(d8j4U(mf9fMV(54b(ke>(55>N9O(95(g8O95(b4O(54b(6Mb(6954bmJ(0b](ke>>bf>G4(d9G5>(59(78>Oi>O8d9(9(68b(=8j9b(c(O4(9(68(=8j4V(b47G>a4d4(ke>(5>b(a>ON4b9O9(>Oi8d89(f4Gke>(6>(d8j>G4O(ke>(=97]9(ke>(d9G5>(eO9(̀ =9G59(Oe>i96>Oa>(959b(f>Gb4O9b(d>(59()4OaG954G]9J

<964b(9(=9`>G(eO9(fG>b>Oa9`8_O(GMf8d9(d>(95NeO4b(a_f8`4b(ke>(d9O(>5(̀ 4Oa>qQa4(d>(54(ke>(>b(59(g8b`958^9`8_OJ("b(7e>O4(f9G9(eba>d>b(ke>(c4(O4(b>9(68O>G4Vb4c( 8ON>O8>G4( `8i85( >O(68O9bJ(&4`4(c(O9d9( `4O4^`4(d>(6>a95eGN89V( O4( b4cN>_54N4l(b4c(`4Oa9d4G(9ed8a4G(`4O(eO(69N8ba>G(>O(`4OaG45(d>(N>ba8_O((c(d>74a>O>G(eO9(`9GG>G9(6ec((b86859G(9(i9G84b(d>(eba>d>b((9b](ke>(i964b(9(f4d>G=9759G(>O(54b(68b64(ahG68O4bJ()e9Od4(55>Ne>64b(95(a_f8`4(d>(g8b`958^9`8_Oi4c(9(b>G(eO(f4`4(6>O4b(g4G695(c(6>O4b(b>G84J

0Oa>b(d>(=9759G(d>(g8b`958^9`8_OV(6>(8Oa>G>b9(ke>(fe>d9O(>Oa>Od>G(>5(̀ 4Oa>qa4Vc(f9G9(>ba4(=>(=>`=4(eO9(`59b8g8`9`8_O(d>(keh(>b(54(ke>(=9c(ke>(`46fG>Od>G`e9Od4(eO4(b>(>OgG>Oa9(9(eO9( 8OdebaG89(`464( 59(68O>G9J(<4c(9(=9`>G(eO99O954N]9(̀ 4O(4aG9b(8OdebaG89bV(eO4(̀ 464(̀ =85>O4(b8>Oa>(79ba9Oa>(4GNe554(d>(ke>=9c9(8Oi>Gb8_O((>qaG9Oj>G9(>O(be(f9]b(>O(59(8OdebaG89((c(>O(59b(>Oa8d9d>b(g8O9OQ`8>G9J(#e8hO(b97>(b8(>O(59(8OdebaG89((68O>G9J(,4b(`45>N9b(d>()'1",)'(ke>>baMO( G>fG>b>Oa9d4b(f4G(/e9O()G8ba_795(>O(95NHO(646>Oa4( a9678hO(i9O(9>ba9G(9ke](3>O()4546789:(c(i9O(9(8Oi>Ga8G(f9G9(>5(f4Gi>O8G(d>(a4d4b(eba>d>b(cd>(a4d4b(O4b4aG4b(ke>(b464b(54b(6Mb(8Oa>G>b9d4b(>O(ke>(9()'1",)'(5>(i9c978>OJ

<964b(9(G>i8b9G(aG>b(M678a4bU(59(i8b8_O(68O>G9V(59(i8b8_O(>`4O_68`9(g8O9O`8>QG9V(c(59(i8b8_O(8Oba8ae`84O95J(05NeO4b(d>(>ba4b(a_f8`4b(c9(ge>G4O((>qf54G9d4b(f4G/e9O()G8ba_795(9b](ke>(54b(i4c(9(aG9a9G(79ba9Oa>(GMf8d4J

<964b(9(f9Ga8G(fG86>G4(`4O(59(i8b8_O(68O>G9J(F9(5>b(d8j>(ke>(O4(b4c(N>_54N4c(a96f4`4(>b(64a8i4(d>(59(fG>b>Oa9`8_O(a>O>G(ke>(>qf58`9G5>b(d>(keh(b>(aG9a959(a>4G]9(d>(59b(f59`9b(a>`a_O8`9b(f>G4(>b(7e>O4(>Oa>Od>G(d>(d_Od>(b95>(a4d4>ba>(a>69(d>(54b(68O>G95>bV(a>O>G(eO9(i8b8_O(N54795J(-4d4(54(ke>(>baM(>O(G4j4b4O( 59b( g964b9b( G>d>b(d4Od>(>baMO( 59b(f59`9b(c(ke>(b>(6e>i>O(d>(i>^(>O`e9Od4J(,4(ke>(6>(8Oa>G>b9(d>(59(a>4G]9(d>(f59`9b(>b(ke>(59(&59`9()4Oa8O>Oa95

!ZK!ZK!ZK!ZK!ZK

c(59(&59`9('`>MO8`9(b>(jeOa9OV(=9`>O(`8>Ga4b(64i868>Oa4b(ke>(d9O(g8O956>Oa>4G8N>O(9(54b(c9`868>Oa4bJ

-4d9(>b9(a>4G]9(>qf58`9(>5(4G8N>O(d>(54b(c9`868>Oa4b(68O>G4bJ((#e8^M(>ba9(>b(59G>958d9d(ke>(a>O>64b(>O(68(f9]bV(NG9Od>b(c9`868>Oa4b(>O(MG>9b(d>bhGa8`9bJ+8O(>679GN4V(6>(=9(a4`9d4(=9`>G(95NeO9b(9b>b4G]9b(>O("`e9d4G(c(9=4G9(9ke]>O()4546789(c(f9G>`>(ke>(>5(a>69(d>(54b(c9`868>Oa4b(68O>G4b(c(54b(69a>G895>bb>(e78`9(979j4(d>(54b(̀ >GG4bV(d>(59b(NG9Od>b(64Oa9n9bJ("5(a>69(f9G>`>(79ba9OQa>((d>58`9d4J("O(54b(d]9b(9Oa>G84G>b(=>(9a>Od8d4(`=9G59b(d>(`45>N9b(d>5(&>GH(ceO9(`45>N9(d>(9ke](d>()4546789V(ke8>O>b(=9O(b>n959d4(59(`46f5>j8d9d(ke>b8NO8g8`9(>5(a>69(68O>G4V(b47G>(a4d4(>O(>5(M678a4(a>GG8a4G895J

<964b(9(b>n959G(95NeO4b(a>69bJ("5(fG86>G(f9b4(d>OaG4(>5(M678a4(68O>G4(G>Qke8>G>(a>`O454N]9b(79ba9Oa>(9i9O^9d9b(c(a>69b(69b8i4b(d>(d4`e6>Oa9`8_O(ke>d>7>O(b>G(aG9de`8d4b(>O(b8ba>69b(d>(8Og4G69`8_O(c(9Oa>`>d>Oa>b(ke>(G>f4Ga>Okeh(=9c(d>79j4(d>(54b(`>GG4bJ

05NeO4b(6Mb(9g4GaeO9d4b(b>(d>d8`9O(9(aG979j9G(>O(>qf54G9`8_OJ(,9(g4a4(d>9GG879(>b(54(ke>(d>g8O8a8i96>Oa>(i9(9(beba8ae8G(eO9(69559(d>(b4Od9j>J(*4(bh(b8i8>G4O(59(O4a8`89(d>(KW!W(`4O(>5(a>69(d>(m,4b(LLm(368O>G4b:J(&9G9(54`958^9G(9m54b(LLm(=e74(ke>(=9`>G(b4Od9j>(f9G9(aG9a9G(d>(>O`4OaG9G(d_Od>(>ba979OV(a4d4bb97]9O(ke>(>ba979O(d>79j4(d>5(`>GG4(f>G4(O9d8>(b97]9(`_64J

,9(g4G69(d>(>O`4OaG9G54b(ge>(jeba96>Oa>(f4G(>ba>(a8f4(d>(>j>G`8`84U((9(f9Ga8G(d>59b(6e>baG9b(=9c(ke>(>6f>^9G(9(b>5>``84O9G(keh(a8f4(d>(69a>G895(>b(>5(ke>f>Gg85964b(f4Gke>(>O(59(>qaG9``8_O(d>5(69a>G895V(54(ke>(b>(47a8>O>(d>(eO9(G4`9V54(ke>(=9c(ke>(aG9a9G(d>(8d>Oa8g8`9G(>b(>5(̀ 4Oa>O8d4(d>(59(68b69V(g8O956>Oa>(eO9i>^(b>(=9O(=>`=4(a4d9b(59b(>qf54G9`84O>bV(b>(N>O>G9O(64d>54bJ

*4(69O>j4(a4d9b(>ba9b(=>GG968>Oa9b(f>G4(54(ke>(6>(8Oa>G>b9(>b(ke>(aG9a>O(d>d86>Ob84O9G(ke>(eO9(i>^(b>(=9(=>`=4(a4d9(59(>qf54G9`8_OV(54(ke>(=9c(ke>(b>d>7>(8d>Oa8g8`9G(>b(̀ eM5(>b(>5(̀ e>Gf4(d>(68O>G95>b(ke>(>baM(̀ 4Oa>O8d4(9d>OaG4J&4G(>j>6f54V(=9c(eO9(5>c(d>(`4Ga>(d>(`47G>(d>(WVL(d>(WVX(d>(WVSV(c(>5(a969n4d>5(c9`868>Oa4(b>(>6f8>^9(9(G>de`8GV(f>G4(>g>`a8i96>Oa>(c9(a>ON4(`>Ga>^9(d>keh(MG>9b(ke8>G4(>qf54a9GJ(A8O956>Oa>(`e9Od4(c9(a>ON4( 8d>Oa8g8`9d4( 54(ke>ke8>G4(>qf54G9GV(54(ke>(a>ON4(ke>(d>g8O8G(>b(`_64(54(i4c(9(>qf54a9G(>O(g9b>bJ)46fG>Od>GMO(ke>(O4(fe>d4(55>N9G(c(=9`>G(eO(=4c4(>O(>5(`>GG4(c(>qaG9>G(d>8O6>d89a4J(*>`>b8a4(d86>Ob84O9G(59b(>qa>Ob8_O(d>(54(ke>(i9(9(b8NO8g8`9G(>b>c9`868>Oa4J

"ba4(d>bfehb(a>ON4(ke>(i954G8^9G54V(9b](ke>(f9G9(ke8>O(>baed8>(g8O9O^9b(9i9OQ^9d9b(>b(79ba9Oa>(7e>O4(6>a>Gb>(9(>ba>(O>N4`84(68O>G4(f4Gke>(b>(G>ke8>G>6e`=9(N>Oa>(ke>(`4O4^`9(g8O9O^9b(9f58`9d9b(4(9(59(f9Ga>(68O>G9V(`G>4(ke>(b>55969(m>`4O_68`9(d>(68O>G95>bm(>5((`eGb4(d>(a>69b(68O>G4b(>O(59(9`9d>689J

!ZL!ZL!ZL!ZL!ZL

1>74(d86>Ob84O9G(8ONG>b4b(c(`4ba4bV(ke>(b4O(ahG68O4b(6Mb(g968589G>bJ

1>bfehb(=9c(ke>(f59O>9G(`_64(i4c(9(>OgG>Oa9G(>5(`>GG4(4((c9`868>Oa4J(->ON4ke>(d8b>n9G(eO(f59O(68O>G4J(*4(d9(54(68b64(8ONG>b9G(95(g4Od4(d>5(c9`868>Oa4Vd>74(>6f>^9G(9(>qaG9>G(d>(9`e>Gd4(9(`8>Ga4(NG9d4(d>(69a>G895V(fG86>G4(>5>bahG85(c(f4ba>G84G6>Oa>(a4d4(>5(69a>G895(ke>(̀ 4Oa8>O>(54(ke>(9Od964b(7eb`9OQd4J(0( `4Oa8Oe9`8_O( a>ON4( ke>( N>O>G9G( eO(f59O( d>(fG4de``8_OV( =9`>G( eO9>i95e9`8_O(>`4O_68`9V(f4G(>b4(8Ob8ba4(54b(ke>(b4O(>`4O468ba9bV(54b(ke>(̀ 4O4Q`>O(d>(g8O9O^9b(9f58`9d9b(d>7>O(>6f>^9G(9(9f58`9G(`4O4`868>Oa4b(d>5(&%;J"O(H5a864(5eN9G((b97>64b(ke>(a>ON4(>5(c9`868>Oa4V(a>ON4(G>`4O4`8d4(`_64(54ke8>G4(>qf54a9GV(`e95>b(b4O(59b(g9b>b(f9G`8956>Oa>(8d>Oa8g8`9d9b(c(`eMOa4(i9(9a9Gd9GU(S(9n4bV(!W(9n4bV(KW(9n4bV(LW(9n4bJ(1>(=>`=4(/e9O()G8ba_795(=9759799Oa>b(d>()=eke8a969a9(ke>(>b(eO9(68O9(9Oa8Ne9(ke>(i8>O>(d>(`468>O^4b(d>5b8N54(f9b9d4J(1>(9`e>Gd4(9(`8>Ga4b(9Oa>`>d>Oa>b(d>(>qf54G9`84O>b(b>(>ba869ke>(=9c(G>b>Gi9b(f9G9(SW(4(RW(9n4b(6MbJ($ba>d>b(c9(fed8>G4O(d9Gb>(`e>Oa9d>5(b8NO8g8`9d4(ke>(a8>O>()'1",)'(f9G9(>5("ba9d4(G>bf>`a4(9(59(G>aG87e`8_Od>(8ONG>b4bV(>b(6ec(86f4Ga9Oa>(>Oa>Od>G(f9G9(d4Od>(i9(>ba4J

,9(68O>G]9(d>(`8>54(978>Ga4(b>(d9(`e9Od4(b>(8O`4Gf4G9O(>qf54b8i4b(f9G9(>6Qf>^9G(59(9f>GaeG9(d>((54b(`>GG4bV(4(=9`>G5>(54b(=4c4bJ

o#eh(a8f4(d>(>ke8f968>Oa4(c(d>(69ke8O9G89(b>(O>`>b8a9(f9G9(f4d>G(8Oa>G9`ae9G>O(>ba9(8OdebaG89p(A]j>Ob>(59b(d8ba9O`89b(fG46>d84(ke>(d>7>O(b>G(̀ e78>Ga9bJ(&4G>j>6f54( 54b(74a9d>G4b(fe>d>O(>ba9G(9((L(t6J(F4(`4O4^`4(m59()=eke8m(ke>`46fG>Od>(>qa>Ob84O>b(d>(XW(t6(d>(59d4(9(59d4J("ba9(>b(eO9(i8ba9(b9a>58a95ke>(5e>N4(8O`4Gf4G9(>5>6>Oa4b(N>45_N8`4b(f9G9(aG9a9G(d>(i>G(d>(keh(=975964bJ0(O8i>5(d>(c9`868>Oa4b(O4(i4c(9(>OaG9G(>O(d>a955>bV(d>(=>`=4(i9O(9(>ba9G(>O(59fG>b>Oa9`8_OJ

,9(68O>G]9(be7a>GGMO>9(ke8^Mb(b>9(be(geaeG4J(("O(>ba9(64d958d9dV(>O(i>^(d>=9`>G(eO(`e9Ga>4V((6>(a>ON4(ke>(8Ob>Ga9G(d>OaG4(d>(59(64Oa9n9V(d86>Ob84O9G`_64(59(i4c(9(>b`9G79G((f4G(d>OaG4(c(`e9Od4(c9(a>ON4(8d>Oa8g8`9d4(`_64(i4c9(=9`>G(̀ 9>G(>5(68O>G95V(i4c(9(=9`>G(59b(>qf54b84O>b(f4G(d>OaG4(c(>5(68O>G95(̀ 9>f4G(b86f5>(NG9i>d9dJ("ba>(fG4`>b4(a8>O>(beb(d8g8`e5a9d>b(f4Gke>(59(N>Oa>(ke>a8>O>(ke>(aG979j9G(>O(>ba>(a8f4(d>(68O>G]9(a8>O>(ke>(`4O4`>G(d>(a_f8`4b(eOf4`4(6Mb(9i9O^9d4b(>O(6>a956>`MO8`9(c(N>454N]9J(,4b(8ON>O8>G4b(d>(68O9bb4O(9HO(6Mb(O>`>b9G84b(>O(>ba>(a8f4(d>(8OdebaG89J

1>bd>(>5(646>Oa4(ke>(`9>(>5(68O>G95V(59(8d>9(>b(=9`>G5>(eO4b(fG4`>b4b(d>6458>Od9(ke>(b4O(b86859G>b(9(54b(ke>(b>(=9`>(>O(68O>G]9(d>(̀ 8>54(978>Ga4J("ba4b>(=9`>(95(8Oa>G84G(d>(59(64Oa9n9(4(95(8Oa>G84G(d>(54b(`>GG4bJ('j95M(95NeO4(ke>a>ON9(59(f4b87858d9d(d>(g8b`958^9G(>O(68O>G]9(be7a>GGMO>9(>Oa8>Od9(fG86>G4(ke>O4(d>7>(a>O>G(g4789(9(59(4b`eG8d9dV(O8((95(>O`8>GG4V(O8(9(59(68O>G]9(>O(95aeG9f4Gke>(eO9(`4b9(>b(>ba9G(9(XWWW(6>aG4b(b47G>(>5(O8i>5(d>5(69G(>O(>5(`>GG4(c4aG9(>ba9G(d>79j4(d>(54b(XWWW(685(6>aG4b(>O`>GG9d4V(O4(>b(54(68b64J

!ZX!ZX!ZX!ZX!ZX

D9c(4aG4(a8f4(d>(69ke8O9G89(ke>(b>(ea858^9(>O(>ba>(a8f4(d>(68O>G]9J(+8(b>(g8j9O54b(fG4i>>d4G>b(d>(>ba9(69ke8O9G89(b4O(54b(68b64bV(f>G4(̀ 96789O(eO(f4ke8a459b(d86>Ob84O>bV(54b(a969n4bV(59(a>`O454N]9J

"b9(>b(59(f9Ga>(68O>G9V(9=4G9(i964b(9(8G(9(59(f9Ga>(>`4O_68`4(g8O9O`8>G9J(-95`464(54(6>O`84O979(/e9O()G8ba_795V(>ba9(>b(Oe>baG9((G>958d9d(>O()=85>V(Oe>bQaG4(be>5d4(>b(>5(̀ 47G>J("O(>5(̀ 9b4(d>(eba>d>b(b>GM(>5(a>69(d>(54b(=8dG4`9G7eG4bVb>GM(>5(4G4V(f>G4(>b(7e>O4(b97>G(d>(d_Od>(>baMO(55>N9Od4(59b(8Oi>Gb84O>b(c9b>9O(>ba9a95>b((4(fG8i9d9bJ

A]j>Ob>( 59(69NO8aed(d>( 54b(d8O>G4b( 8Oi45e`G9d4bV(>ba964b(=9759Od4(d>(`9b8!WW(685(68554O>b( d>( d_59G>b( f9G9( 54b( fG_q864b(KW( 9n4bJ(0=]( 9f9G>`>( eO>j>6f54(d>(4aG4(fG4c>`a4(a9678hO(>O(68O>G]9(be7a>GGMO>9(ke>(>b(eO9(d>(59bd8i8b84O>b(d>()'1",)'V("5(->O8>Oa>V(a8>O>(>O(6>aG4b(d>(`4ObaGe``8_O(d>aHO>5(6Mb(4(6>O4b(54(>ke8i95>Oa>(9(59(d8ba9O`89(d>()=85>(`4Oa8O>Oa95J(D9759Q64b(d>(6Mb(d>(XWWW(|6(d>(54ON8aed((>O(aHO>5>bJ

"O(>5(̀ 9b4(d>()=85>(ke8>O>b(fG86>G4(aG9>O(>5(d8O>G4(b4O(54b(>qaG9Oj>G4bJ(D9c(eOd8`=4(ke>(d8`>(ke>(O4b4aG4b(9`4N>64b(95(>qaG9Oj>G4V(O4b(d964b(d>(97G9^4(ca4d4V(>g>`a8i96>Oa>(f4Gke>(>554b(b4O(54b(ke>(aG9>O(59(69c4G(̀ 9Oa8d9d(d>(8Oi>GQb8_OJ(1>bfehb(i8>O>(>5(a>69(d>()'1",)'(ke>(>b(59(b>NeOd9(8Oi>Gb84O8ba9(c59(a>G`>G9(>b(4G4(c(f59a9V(68O>G]9(fG8i9d9J

)9O9dMV(0ebaG9589V("J$V((b4O(f9G9(O4b4aG4b(54b(fG8O`8f95>b(f9]b>b(ke>(9f4Ga9O>O(8Oi>Gb8_O(>qaG9Oj>G9J

"ba>(>b(eO(>j>G`8`84(f9G9(`46fG>Od>G(54b(8ONG>b4b(c(54b(`4ba4bV(eO(>j>G`8`84fGM`a8`4(d>(d>b`46f4b8`8_O(f9G9(>ba975>`>G(`eM5(>b(>5(`4ba4(O>a4(d>(54(ke>b8NO8g8`9(>qaG9>G(>5(69a>G895(ke>(i4c(9(`46>G`8958^9G(ke>(>b(>5(`Ma4d4(J(&4G(>b4b>(=9759(fG86>G4(d>5(`9b=(`4baV(a>ON4(ke>(b9`9G(a4d4(>5(a>69(d>((54b(`Ghd8a4bf4G(be(fG4de`a4J(@>O>G4(eO(̀ 4ba4((O>a4V(d>bfehb(a>OdGh(ke>(b9`9G(59(d>fG>`89Q`8_O(f4Gke>(>b4(O4(>b(g5ej4V(f9G9(f4d>G(d>a>G68O9G(d>(̀ eMOa4(>ba964b(=9759OQd4(c(`eMOa4(`e>ba9(59(eO8d9d(d>(fG4de``8_OJ

*4(i4c(9(>OaG9G(>O(d>a955>bV(54(HO8`4(ke>(6>(8Oa>G>b9(>b(ke>(>O(>ba9b(5M68O9bke>(i964b(9(i>GV(>b(ke>(54b(`4ba4b(>O(>ba9(8OdebaG89V(b47G>(a4d4(>O()=85>V(b>=9O(d8bf9G9d4(d>(69O>G9(>qf4O>O`895J(?e`=4(a8>O>(ke>(i>G(59(8Oi>Gb8_O(>Oa>`O454N]9(c(>5(a>69(>O>GNha8`4J("O(>ba>(646>Oa4(b464b(eO4(d>(54b(f9]b>b6Mb(̀ 9G4b(>O(>O>GN]9(>5h`aG8`9J("O(95NeO9b(̂ 4O9b(d>5(O4Ga>(O4(a>O>64b(9Ne9(ceba>d>b(b97GMO(ke>(Oe>baG4b(=>G69O4b(7458i89O4b(O4b(`4Ga9G4O(>5(N9bJ("ba9Q64b(7eb`9Od4(>O>GN]9b(G>O4i975>b(O4(`4Oi>O`84O95>bU((a>O>64b(eO(NG9O(f4Qd>G(N>4ahG68`4V(b459G(c(>_58`4V(b8O(>679GN4(=9c(ke>(b97>G(ke>(>ba4b(`46f4QO>Oa>b(=9`>O(ke>(54b(`4ba4b(d>(>ba9(8OdebaG89(6>d8d4b(f4G(d8ba8Oa9b(i9G8975>bV=9`>O(ke>(54b(fG>`84b(b>(9`464d>OJ

!ZS!ZS!ZS!ZS!ZS

"ba964b(6ec(`4Oa>Oa4b(f4Gke>(>ba964b(b47G>(L(d_59G>b(59(587G9V(f>G4(f9G>`>ke>(>5(O>N4`84(O4(>b(G>Oa975>(d>f>Od8>Od4(d>(d_Od>(>ba4c(>qf54a9Od4J(D9c`8>Ga4b(c9`868>Oa4b(d>()'1",)'(`464(59(d8i8b8_O(+95i9d4G(ke>(9`979(d>9OeO`89G(=9`>(6>O4b(d>(eO(6>b(ke>(O4(i9(9(`4Oa8Oe9G(`4O(>5(9i9O`>(d>(eOfG4c>`a4(>bf>`]g8`4(f4Gke>(59(4f>G9`8_O(O4(>b(G>Oa975>(c(O4(>b(ke>(O4(54(b>9f4G(>5(a>69(d>(54b(fG>`84b(9(54b(ke>(b>(>baM(̀ 46>G`8958^9Od4V(O4(>b(G>Oa975>(f4G>5(a>69(d>(̀ 4ba4bJ

0(54(ke>(9feOa9(59(8OdebaG89(>O(>ba>(646>Oa4(9(O8i>5(N54795(>b(9(59(>qf4Ga9Q`8_O(d>(54b(̀ 4O`>OaG9d4b(c(O4(d>(54b(̀ Ma4d4b(ke>(>b(>5(fG4de`a4(>675>69(ke>a8>O>(Oe>baG4(f9]bJ(+8O(>679GN4( 59(68O>G]9(fG8i9d9(O4(>b(9g>`a9d9(f4Gke>>qf4Ga9(9(beb(fG4f89b(g85895>b(>qaG9Oj>G9bJ

*4( b4c( >5(6Mb( >Oa>Od8d4( >O(69a>G89( g8O9O`8>G9( f>G4(6>( ke>d9( `59G4( ke>`e9Od4(g8b`958^4(59(8OdebaG89(68O>G9V(>ba>(>b(eO(`46f4O>Oa>(ke>(a>ON4(ke>>Oa>Od>G(95(6>O4bJ

/e9O()G8ba_795(=975_(eO(f4`4(d>5(a>69(d>(54b(fG>`84bJ(&4ba>G84G(9(59(`G8b8b(d>KWWZV(54b(fG>`84b(=9O(8d4(>O(`4Oba9Oa>(9e6>Oa4V(>b4(O4b(a8>O>(>O()=85>(6ec`4Oa>Oa4b(f>G4(a9678hO(6ec(fG>4`ef9d4b(f4G(>5(a>69(d>(54b(`4ba4bJ("ba9bfG4c>``84O>b(9(59GN4(f59^4(b4O(G>5>i9Oa>b(f9G9(>g>`a4b(d>(54b(8ONG>b4b(9(59b9G`9b( d>5( f9]bJ(D9c( ke>( `46fG>Od>G( 59( 8Og4G69`8_O( ke>( fG4f4G`84O9O( 54b9O958ba9b(8Oa>GO9`84O95>b(G>bf>`a4(d>(̀ _64(b>(i9(64i>G(>5(̀ 4ba4(c(>5(fG>`84(d>i>Oa9J

0f9G>`>O(i9G84b(>j>6f54bV(>O(>ba>(646>Oa4(>ba964b(>O(LVS(c(LVX(f>G4(9f9Ga8G(d>(KW!R(b>(d8`>(ke>(f4d>64b(>ba9G(>O(KVS(c(b8(>ba964b(=9759Od4(ke>>5(̀ 4ba4(9(feOa9(95(!VS(c(!VZJ("OaG>(6Mb(79j9(>5(fG>`84(d>(i>Oa9(g8O95V(>5(O>N4`84d>5(`47G>(O4(>b(a9O(9aG9c>Oa>(f9G9(`8>Ga4b(8Oi>Gb84O8ba9bJ

"ba>(>b(eO(a>69(O>`>b9G896>Oa>(68O>G4V(f>G4(>b(7e>O4(ke>(54(̀ 4O4^`9OJ(0ke]=9c(N>Oa>(ke>(95NeO9(i>^(=9(aG979j9d4(O4(bh(b8((g8b`958^9Od4(4(>O(>6fG>b9b(d>=8dG4`9G7eG4b(`464(")'&"-.',V(54(ke>(8Oa>G>b9(d>a>G68O9G(>b(keh(>b(54ke>(=9c((9d>OaG4(d>5(`>GG4J(D975964b(d>(G>`eGb4b(c(G>b>Gi9bV(=9c(eO9(`8>Ga95_N8`9(b>NHO(59(`e95(>O(59(6>d89(ke>(=9N9(6Mb(b4Od9j>V(a>ON4(ke>(d>a>G68O9G`eM5(>b(>5(i>Gd9d>G4(c9`868>Oa4(ke>(a>ON4(9d>OaG4(c(`eM5>b(b4O(59b(5>c>b(d>569a>G895(ke>(>ba9(`4Oa>O8d4J

&9G9(>b4(=9c(`8>Ga9b(fGM`a8`9b(9(O8i>5(N54795V(f9G9(>b4(>baMO(54b(ah`O8`4b(ke>fe>d>O(d>a>G68O9G(`eM5>b(b4O(54b(G>`eGb4b(c(59b(G>b>Gi9b(>O(eO(c9`868>Oa4(>Og4G69(>bf>`]g8`9J("ba4(a9678hO(9f58`9(>O(59b(8OdebaG89(d>(54b(=8dG4`9G7eG4bV8O`5eb4(`G>4(ke>(54b(ahG68O4b(b4O(54b(68b64bJ

A8O956>Oa>(54(ke>(5>(8Oa>G>b9(9(59(N>Oa>(ke>(=9`>(59(8Oi>Gb8_OV(>b(d>`8d8G(>564Oa4(>O(>5(ke>(i4c(9( 8O`eGG8G( ( c( `eM5(>b(>5( G8>bN4(ke>(>ba4c(d8bfe>ba4(9

!ZY!ZY!ZY!ZY!ZY

9`>fa9GJ("O(59b(fG86>G9(>a9f9b(̀ e9Od4(>ba4c(=9759Od4(d>(G>`eGb4b(c(G>b>Gi9bV>5(NG9d4(d>(8O`>Ga8de67G>(>b(6Mb(4(6>O4b(NG9Od>V(>5(G8>bN4(d>(59(8Oi>Gb8_O(b>je>N9((>O(>b9b(>a9f9bJ(&4ba>G84G6>Oa>(`e9Od4(c9(a>ON4(d>`8d8d4(`eM5(>b(>5c9`868>Oa4(ke>(i4c(9(>qf54a9GV(a4d4(54(ke>(>OaG9(9(O8i>5(4f>G9`84O95(>b(95N46Mb(ah`O8`4V(f4G(>Od>(54b(8Oi>Gb84O8ba9b(c9(9be68>G4O(>5(G8>bN4J("b(>Oa4O`>b`e9Od4(>OaG964b(9(>qf54a9G(>5(c9`868>Oa4(c(4f>G9G54J

"b(7e>O4(ke>(>Oa8>Od9O(ke>(54b(8Oi>Gb84O8ba9b(ke>(f4O>O(f59a9(d>(be(745b8554>O(>ba>(a8f4(d>(fG4c>`a4bV(>ba4(>b(54(ke>(68G9OJ(D9c(ke>(=9`>G(O>`>b9G896>Oa>>5(>j>G`8`84(d>(=9`>G(`4Oi>Gb9G(59(i8b8_O(68O>G9V(ke>(>b(>5(f59O(68O>G4(c(59fG4de``8_O(f4Gke>(>b4(=9c(ke>(`e9Oa8g8`9G54

(D9ba9(9ke](>ba964b(̀ 59G4b(>O(̀ e9Oa4(9(59(i8b8_O(68O>G9(c(59(i8b8_O(>`4O_68`9g8O9O`8>G9V(i964b(9(i>G(59(i8b8_O(8Oba8ae`84O95(J

"baM(59(g8NeG9(d>5(?8O8ba>G84(ke>(b>(>O`9GN9(d>5(a>69(c(59(fG8O`8f95(`46f9n]9d>5(f9]b(ke>(>b()'1",)'J

"q8ba>O(d4b(b>Gi8`84b(d>5("ba9d4(d>f>Od8>Oa>b(d>5(?8O8ba>G84(d>(?8O>G]9(ke>b4O( )')D%,)'( c( +".*0@"'?%*J( )e9Od4( =975>( d>( g8b`958^9`8_O>bf>`]g8`96>Oa>(6>(i4c(9(G>g>G8G((9()')D%,)'(c(>O(95NeO4b(4aG4b(a_f8`4ba9678hOV(f>G4(+".*0@"'?%*V(9d>6Mb(d>(g8b`958^9G(59(8OdebaG89(d>(59(68O>QG]9(a9678hO(b>(>O`9GN9(d>(a4d4(>5(a>69(d>(N>454N]9(c(ie5`9O454N]9J

)e9Od4(b>(=8^4(>5(`96784(d>5(N478>GO4(`4Gf4G9a8i4(d>()'1",)'(3)4Gf4G9Q`8_O(*9`84O95(d>5()47G>:V()'1",)'(f9b_(9(d>f>Od>G(d8G>`a96>Oa>((d>5(&G>Qb8d>Oa>(d>(59(.>fH758`9(9(aG9ihb(d>(59(jeOa9(d>(9``84O8ba9b(ke>(O4(>b(>5(`9b4(d>59("*0?%(3"6fG>b9(*9`84O95(d>(?8O>G]9:J"5(fG>b8d>Oa>(d>("*0?%(>b(>5(?8QO8baG4(d>(?8O>G]9J(05(59d4(d>("*0?%(>baM(+'*0?%(3+4`8>d9d(*9`84O95(d>?8O>G]9:V(/e9O()G8ba_795(c9(6>O`84O_(59(86f4Ga9O`89(d>(+'*0?%U(>b(59(9NGeQf9`8_O((ke>(f>G68a>(4gG>`>G(9(54b(f>ke>n4b(c(6>d89O4b(68O>G4b(a>69b(d>g46>Oa4(c(`9f9`8a9`8_OV(c(beba>Oa9G(>b>(b>`a4G(d>(59(8OdebaG89(>O(59(ke>(54b64Oa4b(d>(d8O>G4(O4( b4O( `464( 54b( d>( 59b( NG9Od>b(68O>G9bV( =975964b(d>6>d89O9b(`46f9n]9b(ke>(O>`>b8a9O(9b>NeG9G( 59(`46fG9(c(`46>G`8958^9`8_Od>5(69a>G895J

*4(f4d>64b(f>Ob9G(ke>(>q8ba>(eO(Dh`a4G(?4G9N9(>O(eO9(G>N8_O(d>()4f89f_Vke>(b>(mG9j9(>5(5464m(95(b9`9G(a4d4(>5(69a>G895V(c(ke>(>b>(`46f9dG>(b>(i9(9(8G(954b(6>G`9d4b(8Oa>GO9`84O95>b(9(i>Od>GJ(&9G9(>b4(>q8ba>(59(0*0?%V(>b(>5(`46QfG9d4G(d>(a4d4(54(ke>(G>`45>`a9O(54b(f>ke>n4b(c(6>d89O4b(68O>G4b(c(>baMa9678hO(,9(0b4`89`8_O(@G>6895(>5()4Ob>j4(?8O>G4(>b4b(b4O(54b(ke>(9NGef9O9(59b(!W(4(!K(fG8O`8f95>b(`46f9n]9b(68O>G9b(d>5(f9]bJ

0=4G9(i964b(9(=9759G(d>(54b(4GN9O8b64b(fG4f896>Oa>V()')D%,)'(3)468Qb8_O()=85>O9(d>5()47G>:(>b(>5(4GN9O8b64(9b>b4G(ah`O8`4(>bf>`8958^9d4(>O(69Q

!ZR!ZR!ZR!ZR!ZR

a>G89(68O>G9(ke>(a8>O>(8Oa>G9``8_O(d8G>`a9(`4O(>5(?8O8ba>G84(d>(?8O>G]9J(D9`>g4G6e59`8_O(d>(f45]a8`9b(fH758`9b(>O(9f4c4(9(59(+e7b>`G>a9G]9(d>(?8O>G]9(d>5?8O8ba>G84V(c(a8>O>(f9Ga8`8f9`8_O(O9`84O95((>(8Oa>GO9`84O95J

"O(>5(a>69(d>(g8b`958^9`8_OV(b>(i8N859O(59b(>6fG>b9b(68O>G9b(d>5("ba9d4(ke>(b4O)'1",)'(c("*0?%V(c(59b(fG8i9d9bJ()e9Od4(=975>64b(d>(59b(fG8i9d9bV(>547j>a8i4(>b(>5(g964b4(a_f8`4(d>5(fG>`84(aG9Obg>G>O`89V(ke>(O4(>b(eO(a>69(ke>>bah(d>78d96>Oa>(g4G6958^9d4(>(8Oba8ae`84O958^9d4(>O()=85>J

+".*0@"'?%*V(>5(+>Gi8`84(*9`84O95(d>(@>454N]9((c(?8O>G]9V(=9c(ke>(>Oa>OQd>G54(>O(54b(a_f8`4b(d>(N>454N]9(c(ie5`9O454N]9((ke>(b4O(a>69b(6ec(>bf>`]g8Q`4bJ(,4b(a>69b(d>(68O>G]9(ke>(>ba9(>Oa8d9d(aG9a9(b>(G>g8>G>O(9(f9a>Oa>bV(N>ba8_O9678>Oa95V(b>NeG8d9d(68O>G9V(c(N>O>G9`8_O(d>(8Og4G69`8_O(c(>ba9d]ba8`9J("O>ba9(f9Ga>(b>(`46f5>6>Oa9(6e`=4(`4O(54(ke>(=9`>()')D%,)'J

->O>64b(a4d4b(54b(9`a4G>b(ke>(8Oa>Gi8>O>O(>O(>ba9(8OdebaG89(c(O4b(f>G68a>O>Oa>Od>G59J(&G86>G4(a>O>64b(8d>Oa8g8`9d4(95(de>n4(d>5(fG4c>`a4(ke>(>b(d>5"ba9d4(4(>b(>qaG9Oj>G4V(95(d]9(d>(=4c(>5(YR(w(d>(fG4c>`a4b(>b(>qaG9Oj>G4(4fG8i9d4(c(>5(LLw(>b(>ba9a95V(9b](ke>(>ba9b(f>Gb4O9b(d>7>O(>ba9G(`4Oa>Oa9b(>O)=85>(9(`464(dh(5eN9GJ

D9ba9(=9`>(eO4b(S(e(Z(9n4b(9aGMbV(>ba>(a>69(O4(>G9(a9O(G>5>i9Oa>(9=4G9(b](54>bU(d>7>64b(=9759G(d>(68O>G]9(beba>Oa975>V(6Mb((>O(>5(`9b4(d>(eba>d>bJ("b(eO8Oa>Ghb( d>5("ba9d4(9( aG9ihb(d>( 54b(4GN9O8b64b(ke>( c9( 5>b(6>O`84O>J(F( 59b>6fG>b9b( b4O( 9ke>559b( ( ke>(f9Ga8`8f9O( d>( 59( `9d>O9( d>( i954G( d>5( O>N4`8468O>G4V(>b(d>`8GV(59b(`46f9n]9b(68O>G9b(O4(b>(d>d8`9O(9(8Oi>Oa9G(69ke8O9G89f9G9(>b4(>baMO(4aG4b(9`a4G>bJ

+47G>(>5(a>69(d>(59(fG4f8>d9d(d>5(be>54(f9G9(68O>G]9V(>O()=85>(O4(a>O>64b(59fG475>6Ma8`9(d>(eba>d>b(d>5(a>69(d>(54b(8Od]N>O9bV(>O()=85>(>O(59(G>N8_O(beGa>O>64b(>5(a>69(g4G>ba95(c(59b(>6fG>b9b(=8dG4>5h`aG8`9bJ("bf>G4(ke>(>O(68O>G]9O4(a>ON964b(>5(fG475>69(`4O(>5(a>69(8Od]N>O9V(`464(>O(&>GHV("`e9d4G(49ke]J

,4b(fG4c>`a4b(`46f5>6>Oa9G84b(b>(G>g8>G>O((9(59(O>`>b8d9d(f4G(>j>6f54(d>>O>GN]9J(05( O4(=97>G( 9Ne9(O4(=9c( >5>`aG8`8d9d( c( d>( 95NeO9(f9Ga>( =9c( ke>aG9>G59(J"O()=85>(=9c(i9G84b(fG4c>`a4bV(95NeO4b(b4O(6ec(G>b8ba8d4b(f4G(Oe>baG9`46eO8d9d(c9(ke>(O9d8>(b>(ke8>G>(55>O9G(d>(a4GG>b(d>(a>Ob8_O(9(aG9ihb(d>(KSWWt6J('aG4b(=9O(d8`=4(ke>(59(>5>`aG8`8d9d(=9c(ke>(aG9>G59(f4G(̀ 975>(be769G8O4(c>O( 54b( H5a864b(S(9n4b(=9O(d>b9GG4554( a>`O454N]9b(f9G9( aG9>G( 9Ne9(d>(69GVbe78G59(95(d>b8>Ga4(c(`4Oi>Ga8G59(>O(9Ne9(ke>(f>G68a9(f4d>G(4f>G9GV(9=4G9(=9c`8>Ga9b(4f>G9`84O>b(68O>G9b(ke>(aG979j9O(`4O(9Ne9(d>(69GJ

*4(=9c(ke>(45i8d9G( >5( `4Oa>qa4J(F9(=975964b(d>( 59b( i9G8975>b( >`4O_68`4Qg8O9O`8>G9b(c(59b(i9G8975>b((68O>G9bV(f>G4(>O(Oe>baG4(f9]b(deG9Oa>(>5(H5a864

!ZZ!ZZ!ZZ!ZZ!ZZ

a8>6f4(=9O(4`eGG8d4(4aG4b(>i>Oa4b(f4G(54b(̀ eM5>b(>O(95NeO4b(̀ 9b4bV(O4b(=>64b=>`=4(g964b4b(c(4aG4b(O4(a9Oa4J(("5(mKRAm(>b(eO9(g>`=9(g9a]d8`9V(>5(a>GG>64a4V(5968O9( +9O( /4bh( ke>( >b( `9b4( d>( m54b( LLmV( >5( 8ONG>b4( d>( )=85>( 9( 59( ')1"befe>ba96>Oa>(>5(NGef4(d>(54b(6>j4G>b(>O(`e9Oa4(9(>baMOd9G>bJ

"ba4(>b(86f4Ga9Oa>V(O4b4aG4b(a>O>64b(N478>GO4b(ke>(>baMO(i8N>Oa>b(`9d9(X9n4b( c( `9d9( X( 9n4b( a>O>64b( 59( fG475>6Ma8`9( d>( 59b( >5>``84O>bV( >O( 95NHO646>Oa4(59(deG9`8_O(d>(54b(N478>GO4b(>G9(d>(YV(95Ne8>O(d8j4(ke>(>G9(6e`=4(c54(9`4Ga9G4O(9(XV(c((9=4G9(d8`>O(ke>(X(>b(6ec(f4`4V(of4G(keh(>b(86f4Ga9Oa>a>O>G( >b>( 9Oa>`>d>Oa>p( &4Gke>( >O( d>g8O8a8i9( 54b( N478>GO4b( b4O( 54b( ke>86f5>6>Oa9O( 59b( f45]a8`9b( fH758`9bJ( *4( bh( b8( =9c9( 95Ne8>O( ke>( `4O4^`9( 59G>958d9d(Oe>baG9V(O4b4aG4b(>ba964b(>O(>5(a>G`>G(9n4(d>(N478>GO4(f>G4(c9(a4d4b>baMO(f>b9Od4(>O(59b(>5>``84O>b(d>5(fG_q864(9n4V(>Oa4O`>b(59b(f45]a8`9b(fH758Q`9b(f9b9G4O(9(eO(b>NeOd4(f59O4J

->O>64b(ke>(`4Oi8i8G(`4O(d4b(NG9Od>b(fG475>69bV(eba>d>b(i8i8>G4O(eO4(d>>554b(ke>(>b(59(̀ 9G>O`89(d>(G>`eGb4b(=e69O4b(>bf>`8958^9d4J(*4(=9c(N>Oa>J("O`=85>(=9c(>ba869`84O>b(ke>(b>(O>`>b8a9O((`>G`9(d>(RW(685(f>Gb4O9b(f9G9(>ba98OdebaG89(>O(54b(fG_q864b(S(9n4b(c(O4(59b(=9cJ(&4G(4aG4(59d4V(c9(54(6>O`84OhVa>O>64b(59(>b`9b>^(d>(G>`eGb4b(>O>GNha8`4bV(O4(a>O>64b(9Ne9V(f4G(54(a9Oa4(O4a>O>64b(>5>`aG8`8d9dJ()464(f9]b(OeO`9(O4b(8Oa>G>b964b(>O(8Oi>Ga8G(>O(>O>GQN]9b(6>O4G>b(c(O4(`4Oi>O`84O95>bV(O8(=9759G(d>5(a>69(d>(59(N>4a>`O89J(-4d4>ba4(G>f>G`ea>(>O(59(g8b`958^9`8_O(keh(=9`>64bV(`_64(59(=9`>64bV(ke8>O>b(59=9`>OJ

#e8b>(=9`>G(eO9(b>f9G9`8_O(d>(̀ eM5>b(b4O(59b(aG>b(NG9Od>b(MG>9b((ke>(=9c(ke>i8N859G(>O(>ba9(8OdebaG89(f9G9(>5(a>69(d>(g8b`958^9`8_OJ("O()=85>(9(f9Ga8G(d>5(9n4KW!!(a>O>64b(eO(Oe>i4(?8O8ba>G84(d>5(?>d84(0678>Oa>(ke>(b>(d>d8`9(9(>ba4ba_f8`4bV(78>O(f4G(eba>d>b(ke>(fe>d>O(`4f89G( 59b(`4b9b(7e>O9b(d>5(64d>54`=85>O4(>O(59(6>d8d9(d>(54(f4b875>J("5(a>69(d>5(?8O8ba>G84(d>5(?>d84(9678>Oa>ge>(eO9(O>`>b8d9dV(>O(54b(9n4b(KWWT(c(KW!W(>baM7964b(d>69b89d4(dh785>b(>O>5(MG>9(Ne7>GO96>Oa95(G>bf>`a4(9(>ba>(a>69J(05(6>O4b(b>(a46_(eO9(7e>O9d>`8b8_O(79ba9Oa>(aG9Obi>Gb95(>O(ahG68O4b(d>(9`>fa9`8_OU(=9c(ke>(N>O>G9G(eO?8O8ba>G84(d>(?>d84(0678>Oa>(ke>(b>(fG>4`ef>(f4G(O4b4aG4bJ

&4G(4aG4(59d4(>baM(>5(a>69(d>(59(fG4f8>d9d(68O>G9J("O(>5(9n4(KW!!(=e74(eO9be>Ga>(d>(8O8`89a8i9(f9G596>Oa9G89(d>(`G>9G(eO9(+ef>G8Oa>Od>O`89(d>(?8O>G]9>O()=85>(c(>5868O9G()')D%,)'(c(>5(+".*0@"'?%*(((f>G4(O4(aei4(hq8a4V(ge>G>`=9^9d9(f4G(54b(f9Ga8d4b(d>(4f4b8`8_O(f4Gke>(9g>`a979(59(f>ke>n9(c(6>d89QO9(68O>G]9J(&59Oa>979(9f58`9G(eO(68b64(>baMOd9G(>O(ahG68O4b(d>(b>NeG8d9dJ+8O(>679GN4(95(5>>G(eO(f9f>G(d>(hba9(`Ma>dG9V(d>b`e7G](ke>(9ke](>O()4546789>ba>(a>69(b>(d8bf9G_(>O(54b(H5a864b(9n4bJ

"g>`a8i96>Oa>(a8>O>(ke>(=97>G(95Ne8>O(ke>(g8b`958`>(d>(`8>Ga9(g4G69V(O4((bh(b8>b(be(4GN9O8^9`8_O(>b(ke8>O((a8>O>(ke>(=9`>G54(f>G4(̀ e9Od4(>ba964b(=9759Od4

!ZT!ZT!ZT!ZT!ZT

d>(`4O`>b84O>bV(f9a>Oa>b( c(f>Ga>O>O`89b(68O>G9b(O>`>b9G896>Oa>(=9c(ke>fG>4`ef9Gb>(d>(>ba4b(a>69bQ(1>bfehb(b>(f4dGMO(i>G(̀ eM5(>b(59(6>a4d454N]9V(59i4c(9(974Gd9G(eO(f4`4(6Mb(9d>59Oa>V(f>G4(`e9Od4(=975964b(d>(g8b`958^9`8_O>O(68O>G]9(=9c(ke>(=9`>G(59(d8ba8O`8_O(>OaG>(54b(a>69b(ke>(aG9a964bJ

"O(95NeO4b(f4dG>(a>O>G(eO9(6>j4G(9fG4q869`8_OV(eO9(d>(59b(f4O>O`89b(ke>=e74(9`M(>G9(d>(b95edV(>O(>b>( a>69(b>(O>`>b8a9O(`4O4`868>Oa4b(d>( a>69b9678>Oa95>bV( 59(O4G69(c(9bf>`a4b( 5>N95>b(f9G9( g8b`958^9GJ()464(9ed8a4G( 5>bfe>d4(̀ 46>Oa9G(ke>(>O()')D%,)'V(95(6>O4b(=9ba9(̀ e9Od4(c4(>baei>V(O4b4QaG4b(b8( aei864b( 59(4f4GaeO8d9d(d>(>j>`ea9G(9ed8a4G89(>O(>ba4b(fG4NG969bV(cke8^Mb(6e`=4( d>( Oe>baG4( aG979j4( d>( b>NeG8d9d( c(6>d84( 9678>Oa>( ( f9b>( 9g4G69G(f9Ga>(d>5(`4O4`868>Oa4(ke>(b>(i9(9(aG9b68a8G(9(59(+ef>G8Oa>Od>O`89(d>?>d84(0678>Oa>J

19d4(ke>(>b4b(b4O(54b(aG>b(M678a4b(d>(g8b`958^9`8_O(O>`>b9G896>Oa>(=9c(ke>=9`>G(59(b>f9G9`8_O(>OaG>(Oe>baG9b(>6fG>b9b("ba9a95>b(G>bf>`a4(d>(59b(fG8i9Qd9bJ()e9Od4(=975964b(d>(59b(>6fG>b9b(>ba9a95>bV(ke>G>64b(ke>(b>9O(>g8`8>OQa>bV(>g>`a8i9bV(69O>j>O(9d>`e9d96>Oa>(beb(G8>bN4b(c( a>ON9O(7e>O4b(G>Od8Q68>Oa4bJ($ba>d>b(>O(>5(68b64(f9f>G( b>n959O(ke>(>b>(>b(>5(47j>a8i4(d>( 59g8b`958^9`8_O(9(54b(>Oa>b(ke>(b4O(9ed8a9d4b(f4G(eba>d>bJ

,9(d8g>G>O`89(`4O(>5(`9b4(Oe>baG4(>b(ke>(>b4(a8>O>(ke>(4`eGG8G(>O(Oe>baG9b>6fG>b9bV(9ke](>b(54(68b64V(f>G4(̀ e9Od4(=975964b(d>(59b(>6fG>b9b(fG8i9d9b95N4(=9c(ke>(=9`>GU(eO9(`4b9(>b(d9G5>(>5(97G9^4(c(d9G5>(59(78>Oi>O8d9(f>G4d>bfehb( 95Ne8>O( a8>O>( ke>( g8b`958^9G( ke>( 54b( 8Oi>Gb84O8ba9b( f4ON9O( `4O( 54bG>`eGb4b(O>`>b9G84bJ

&9G9(54b(ke>(O4(b464b(68O>G4b((c(f9G9(>Oa>Od>G(>ba9(8OdebaG89V(>ba>(>b(eO>j>6f54(d>(59(`9d>O9(d>(i954GV(f9G9(ke>(fe>d9O(a>O>G(eO9(9fG4q869`8_O(>O`e95ke8>G(8OdebaG89(>O(a>69b(d>(b95edV(d>(=8dG4`9G7eG4bV(59(8OdebaG89(ke>(eba>Qd>b(ke8>G9OJ(,4(ke>(d>7>O(`46fG>Od>G(>b(`eM5(>b(59(`9d>O9(d>(i954G(d>(>b>O>N4`84J

&9G9( 59( f>Gb4O9( ke>( =8^4( 59( fG>NeOa9( d>5( a>69( d>( aG9Obg>G>O`89bV( 59`46>G`8958^9`8_O(>b(>5(a>69(ke>(=9c(ke>(G>i8b9GV(a4d4b(54b(4aG4b(O4(b8Gi>OV>i>Oae956>Oa>(b8Gi>O(>O(54b(a>69b(d>(G>g8O9`8_OV(9=](b8(=9c(eO(aG9bf9b4(d>f4b875>b(ea858d9d>bJ

"ba>(>b(eO(>j>6f54(d>(69aG8^(d>(fG4`>b4bJ("O(>5(f9f>G(d>(59(̀ Ma>dG9(ke>(=e74>5(9n4(f9b9d4(5>](ke>(>5(hOg9b8b(d>(59(g8b`958^9`8_O(O4(a8>O>(ke>(b>G(a9Oa4(b47G>54b(fG4`>b4b(b8O4(b47G>(54b(G>be5a9d4bV(>ba4c(>O(f9Ga>(d>(9`e>Gd4(c(>O(f9Ga>(>Od>b9`e>Gd4J(()G>4(ke>(f9G9(55>N9G(9(aG9^9G(`4O(eba>d>bV(59(g8b`958^9`8_O(d>7>b>G(b47G>(54b(fG4`>b4b(̀ 4O(86f9`a4(>O(54b(G>be5a9d4bV(6>(9aG>i>G]9(9(d>`8G(ke>>b>(>G9(>5(>bf]G8ae(d>5(a>qa4J

!TW!TW!TW!TW!TW

,4(86f4Ga9Oa>(>O(>ba9(8OdebaG89(>b(d8ba8ONe8G(>OaG>(fG4`>b4b(d>(9f4c4(c(fG4`>Qb4b(`G]a8`4b(d>5(O>N4`84V(>b9(>b(59(68b69(5_N8`9(ke>(b>n95h(d>(?8`=9>5(&4Ga>GVd>(59(`9d>O9(d>(i954G>bJ(D9c(ke>(>6f>^9G(9(aG9de`8G59(>O(95N4V(`e9Od4(6>G>g8>G4(95(fG4`>b4(d>(9f4c4V(=9754(d>(54b((fG4`>b4b(d>(G>`eGb4b(=e69O4bVg8O9O^9bV(`4OaG954G]9(>(8Og4G6Ma8`9J('5i]d>Ob>(d>(ke>(>ba964b(=9759Od4(d>68O>G]9V(>b(a4d4(54(ke>(b4f4Ga9(`e95ke8>G(8OdebaG89J

-G979jh(X(9n4b(>O()')D%,)'V(a>ON4(97b45ea96>Oa>(`59G4(ke>(59(`4OaG954G]9>OaG9(9`MV(O4(bh(b8(59(()4OaG954G]9(eba>d>b(g8b`958^9(")'&"-.',J(18G]9(ke>f9G9(>Oa>Od>G(")'&"-.',(`4O(97b45ea4( G8N4GV( ( >ba9(f9Ga>(O4(>b( 54(6MbG>5>i9Oa>(c(>b(9ke](d4Od>(G>bf>a4(54b(G>be5a9d4b(d>(59(`46f9n]9V(f>G4(ke8>G49b>NeG9G6>(d>(ke>(59(fG8O`8f95(̀ 46f9n]9(d>(68(f9]b(>O(>5(̀ 9b4(d>(")'&"-.',f9G9(eba>d>b(c(d>()'1",)'(f9G9(O4b4aG4b(geO`84O>(78>OJ

0f9G>`>(eO9(NG9O(9`a8i8d9d(ke>(>b(d>b`e7G8G(>5(c9`868>Oa4V( 54(=975h(>O( 59f9Ga>(d>(68O>G]9l(=9c(ke>(>Oa>Od>G(9(keh(=975MOd4O4b(G>g>G864b(̀ 4O(>qf54G9Q`8_OJ(1>bd>(>5(646>Oa4(d>5((>ba975>`868>Oa4(d>5(fG4c>`a4(a>ON4(ke>(̀ 46fG>OQd>G(f59O(68O>G4(c(59(>qf54a9`8_OV(O4(>b(54(68b64(>qf54a9G(9ge>G9(ke>(>qf54a9Gbe7a>GGMO>4J()e9Od4(>ba964b(=9759Od4(d>(7>O>g8`84b(O4b(G>g>G864b(95(fG4`>Qb4(d>(G>g8O9`8_OV(geOd8`8_OV(`46>G`8958^9`8_O(c(>ba4(>b(>5(`8>GG>(d>(59(g9>O9J"5(a>69(b>(feb4(̀ 46f58`9d4(c(O4b4aG4b(̀ 464(9ed8a4G>b(9ke](O4b(>de`964bV(>5ke>(b97>(d>(>ba4(b97>(d>(`e95ke8>G(8OdebaG89V(>b9(>b(59(NG9O(>Ob>n9O^9(d>(59N>Oa>(ke>(aG979j_(>O(eO9(>6fG>b9(d>(9ed8a4G]9(>qa>GO9J(-G979jh(>O(>554(!S9n4bV(54b(fG86>G4b(L(_(X(9n4b(ge8(9ed8a4G(d>(>ba9d4b(g8O9O`8>G4bV(f4ba>G84G6>OQa>(`e9Od4(6>(>bf>`8958`h(>O(G8>bN4b(aei>(59(be>Ga>(d>(`4O4`>G(>6fG>b9b(d>>O>GN]9V(d>(=8dG4`9G7eG4bV(d>(68O>G]9V(d>(f>Ob84O>bV(d>(G>a985V(aei>(59(be>Ga>(d>9ed8a9G(+'1%?0)J

#e>d9(`59G4(ke>(b>(d>7>(`4O4`>G(59(86f4Ga9O`89(>O(59(8OdebaG89(68O>G9(d>(59i8b8_O(>`4O_68`9( g8O9O`8>G9J(*4(`G>4(ke>(?8`=9>5(&4Ga>G(=9c9(>ba9d4( a9O>GG9d4V(f9G>`]9(ke>(a>O]9(G9^_OV(>ba964b(a4d4b(d>(9`e>Gd4(ke>(54b(fG4`>b4b(d>9f4c4(O>`>b8a9O(N>Oa>(ke>(b>f9(d>(g8O9O^9bV(d>(a>69b(d>((N>ba8_O(>baG9ahN8`9c(9d68O8baG9`8_OV(ke8^Mb(>O(>ba9(8OdebaG89(>5(a>69(d>(b>NeG8d9d(>(=8N8>O>(O4(>bd>(9f4c4(b8O4(ke>(>b(`G]a8`4V(9b](`e95ke8>G9(d>(54b(4aG4bJ

)e9Od4(97G864b(>ba9( 8OdebaG89(O>`>b9G896>Oa>(=9c(ke>(fG>NeOa9Gb>(`_64>OgG>Oa4(eO9(`46f9n]9(d>5(a969n4(d>()'1",)'(4(>O(>5(`9b4(d>(eba>d>b`_64( >OgG>Oa4( eO9( `46f9n]9( d>5( a969n4(d>(")'&"-.',J(&>Ob9Od4( >O")'&"-.',(6>(869N8O4(ke>(=9c(ke>(>qf54G9GV(c((=97GM(ke>(>qaG9>GV(c(=97GMke>(G>g8O9G(c(d8baG87e8GV((59(5_N8`9(>b(>q9`a96>Oa>(59(68b69J(+8(>5(a>69(>b(59>qaG9``8_O(b>(d>7>(fG4bf>`a9GV(>i95e9G(G>`eGb4bV(>i95e9G(4f`84O>b(c(f59O>bV(c`e9Od4((aG9de^`9(>ba4b(9bf>`a4b(95(fG4c>`a4(a>ON4(ke>(>ba9G(95(a9Oa4(d>(54(ke>b8NO8g8`9O(59b(g9b>b(d>(8ON>O8>G]9(>O(eO(fG4c>`a4V(>5(d8b>n4V(59(fG>(g9`a87858d9dV59(g9`a87858d9dV(59(`4ObaGe``8_O(c(d>bfehb(>5(8O8`84(d>(4f>G9`8_OJ

!T!!T!!T!!T!!T!

F9(d8(>5(>j>6f54(d>(keh(>b(54(ke>(b8NO8g8`9(>qf54a9GJ(*4(>b(54(68b64(>5(G9j4(ke>59(be7a>GGMO>9V(f4G(>Od>(a8>O>O(`4Ob8d>G9`84O>b(d8ba8Oa9bJ(*4(i4c(9(>OaG9G(>Od>a955>(f>G4(59(5_N8`9(>b(>q9`a96>Oa>(8Ne95V(59(d8g>G>O`89(>baM(>O(ke>(eO9(i>^(b>`46fG>Od>(`eM5>b(b4O(54b(fG4`>b4bV(d>74(8d>Oa8g8`9G(9(keh(O8i>5(b>(G>958^9(599ed8a4G]9J(*>`>b9G896>Oa>(f9G9(f4d>G(>OgG>Oa9G(eO(g8b`958^9`8_O(9d>`e9d9(>OeO9(̀ 46f9n]9(̀ 464()'1",)'V(a>ON4(ke>(a>O>G(̀ 4O4`868>Oa4(d>(keh(=9c(958Oa>G84G( d>( `9d9( `4b9( c( >ba4c( b>NeG4( d>( ke>( 59( N>Oa>( ke>( =9( 9ed8a9d4")'&"-.',(d>7>(b>G(6ec(b86859GJ

"5(feOa4(>b(d>g8O8G(9(keh(O8i>5(b>(G>958^9(59(9ed8a4G]9U(o9(O8i>5(d>(59(f59O>9`8_O>baG9ahN8`9pV(o9(O8i>5(d>(59(6>d8`8_O(d>(59(>i95e9`8_O(̀ 4Oba9Oa>(ke>(a>ON4(ke>=9`>GpV(o54(i4c(9(i>G(d>bd>(59(f>Gbf>`a8i9(d>(59b(g8O9O^9b(4(d>(̀ 4OaG45>bp(o'(54i4c(9(i>G(9(O8i>5(d>5(G>f4Ga>(9(`9b9(69aG8^p(*4(5>b(ke8>G4(N>O>G9G(6Mb(fG475>Q69b(f>G4(O4b(d9(54(68b64(=9759G(d>((59(96f589`8_O(d>(fG4c>`a4(4(b8(̀ 46>O^9Q64b( d>( `>G4( b8( O4( b97>64b( keh( O8i>5( 4f>G9`84O95V( aM`a8`4V( 4( >baG9ahN8`4aG9a964bJ

(->ON4(ke>(G>`4O4`>G(ke>(`e9Od4(55>Ne>(9()')D%,)'(=9`>(X(9n4b(d>(>ba>H5a864(O4(=97]9(O9d9J(->O>G(59(69aG8^(d>(G8>bN4(86f58`9(>bf>`a9`e59GV(f>G4(b8O4(59(a8>O>(59(d>7>O(=9`>G(8Ne95V(b8O4(o`_64(i9O(9(g8b`958^9Gp

o#eh(>b(54(ke>(i8(68>OaG9b(>baei>(>O(59()468b8_Op()8>Ga96>Oa>(54b(9ed8a4G>bd>(>ba9d4b(g8O9O`8>G4b(i9O(9(4f8O9G(b47G>(59(G9^4O97858d9dJ(,4b(8Oi8a4(9(ke>`46fG>Od9O(ke>(>ba9b(`46f9n]9b(69O>j9O(fG4c>`a4b(d>(8Oi>Gb8_O(>O(54b(ke>59(g8b`958^9`8_O(f9b9(f4G(G>i8b9G(54b(]a>6bJ(1>74(b97>G(`eM5(>b(69G`4(O4G69a8Qi4(ke>(f4b87858a9O(>ba4b(fG4c>`a4bJ

"O(59(`e>ba8_O(d>(>i95e9`8_O(d>5(fG4c>`a4(O4(b>(aG9a9(d>(ke>(eba>d>b(i>ON9O`4O(59(79G8a9(6MN8`9(c(=9N9O(eO9(>i95e9`8_O(d>5(68b64(b8O(b97>G(O9d9(d>5O>N4`84V((a8>O>O(ke>(a>O>G(eO(6>`9O8b64(d>(>i95e9`8_OJ("b>(fG4c>`a4(95(ke>eba>d>b(5>(>baMO(9feOa9d4(c(ke>(>O(>5(`9b4(d>(59b(f45]a8`9b(fH758`9b(b>(d>7>`4Oa>6f59G(>5(`Ghd8a4V(f9b9(9(i>G8g8`9G(b8(59(>i95e9`8_O(d>(fG4c>`a4b(`4Ob8d>G_eO(64O8a4G>4(d>5(68b64V(eO(b>Ne868>Oa4(9(54b(9i9O`>b(g]b8`4(g8O9O`8>G4b(c((eOG>f4Ga>(d>(9OM58b8bJ

0=4G9V(̀ e9Od4(6>(G>g8>G4(9(54b(b>Ne868>Oa4bV(9(54b((9i9O`>b(g]b8`4Qg8O9O`8>G4bVO4(=9754(d>(54b(8Og4G6>b(ke>(>5974G9O(b47G>(eO9(̀ 46f9n]9(̀ 464(")'&"-.',Vf4Gke>(54b(a8>O>OJ("5(f59Oa>968>Oa4(>b(ke>(eba>d>b(d>7>G]9O(b>G(`9f9`>b(d>69O>G9(8Od>f>Od8>Oa>V(9(f9Ga8G(d>(d9a4b(d>(59(>6fG>b9V(d>`8G(`eM5(`G>>O(ke>>b(>5(9i9O`>(d>(hba9J

"ba>(a>69(>O()')D%,)'(54(>6f>^964b(9(̀ 4O`>78G(>5(9n4(f9b9d4V(95NeO9(i>^b>(=8^4(>O(59(dh`9d9(d>(54b(TW(̀ e9Od4(>ba>(a>69((ge>(64a8i4(d>(fG>4`ef9`8_Of4Gke>( b>(d>`]9(ke>( 54b(O8i>5>b(d>( 8Oi>Gb8_O(ke>()'1",)'(=9G]9( >O( 54b

!TK!TK!TK!TK!TK

fG_q864b(S(9n4b(>G9O(d>(!WJWWW(68554O>b(d>(d_59G>b(c(d>(G>f>Oa>(b>(aG9Obg4GQ69G4O(>O(!SJWWW(68554O>b(f9G9(54b(fG_q864b(R(9n4bV(KWJWWW(68554O>b(f9G954b(fG_q864b(Z(9n4bV(c(59(H5a869(`8gG9(>b(d>(KSJWWW(68554O>b(f9G9(54b(fG_q8Q64b(!W(9n4bJ(o05Ne8>O(b>(=9(`e>ba84O9d4(`_64(f9b964b(d>(S(685(>O(X(4(S9n4b(9(KS(>O( 54b(fG_q864b(!Wp(*4(ge>(ke>(d>( 59(O4`=>(9( 59(69n9O9(9( 59>6fG>b9(b>(5>(45i8d_V(59(G>bfe>ba9(>b(ke>(>ba9(`e>ba8_O(>b(d8OM68`9(c(95Ne8>O54(a8>O>(ke>(i>G8g8`9GJ

*4(b4c(>qf>Ga4(>O(g8O9O^9b(9i9O^9d9b(f>G4(54(ke>(9fG>Od](>O(eO(69N8ba>G(>bke>(=9c(a>`O454N]9b(ke>(f>G68a>O(=9`>G(>ba4V(9fG>Od](f4G(54(6>O4b(59(a>`O454QN]9(d>5(i954G(N9O9d4J("ba9(a>`O454N]9((86f8d>(ke>(59(>6fG>b9(4(>O(>ba>(̀ 9b4(>5MG>9V(N>O>G>(`8>Ga9(8Og4G69`8_OV(eba>d>b(59(`9GN9O(>O(eO(64d>54(c(>i>Oae95Q6>Oa>(eba>d>b(68b64b(f4dG]9O(55>N9G(9(i>G( 59(`46f9n]9(c(d>`8G(m>5(9i9O`>g]b8`4(>b(a9Oa4mV(m>5(9i9O`>(g8O9O`8>G4(>b(a9Oa4mV(m`eM5(>b(be(>ba869`8_OmV(m95`9OQ^964b(`4O(54b(9i9O`>b(g]b8`4b(>O(S(9n4bV(!W(9n4bV(!S(9n4bmJ

&4dG]964b( d>`8G( ke>( d9( 54(68b64V(f>G4( >O( eO9( `46f9n]9( d>5( a969n4(d>)'1",)'(O4(d9(54(68b64(f4Gke>(>b(eO9(`46f9n]9(ke>(5>(>OaG>N9(a4d9b(59bea858d9d>b( 95( "ba9d4( J(*4(d9( 54(68b64( b8( 59( 8Oi>Gb8_O( i9( 9( `4ba9G( SWWW(4KSWWWV(c(d>7>(=97>G(eO9(g4G69(d>(>i95e9G(>b4J

,>b(d8(>5(>j>6f54(d>(>b9b(6>a4d454N]9bV(6>(=9O(`4Oa9d4(ke>(=9c(95(6>O4b(S6>a4d454N]9b(f9G9(=9`>G54V(f>G4(54(86f4Ga9Oa>(>b(ke>(eba>d>b(a>ON9O(4f8O8_O+8(")'&"-.',( 5>b(d8`>(ke>( a8>O>(`8>Ga4b(9i9O`>b(>O(>5( a>69( g8O9O`8>G4Veba>d>b(a8>O>O(59(f4b87858d9d(d>(̀ e>ba84O9G(>b>(d9a4(c(d>`8G(b](4(O4J(+8(d8`>O(b8Vfe>d>O(d4G68G(aG9Oke854bV(f>G4(b8(d>bfehb(b95>(ke>(59(fG4c>``8_O(O4(ge>(>b95>b(f9b9O(59(g9`aeG9J

"O(`e9Oa4(9(beba>Oa97858d9d(c(b>NeG8d9dV(>ba4b(O8(b8ke8>G9(>G9O(a>69b(86f4GQa9Oa>b(=9`>(Z(4(!W(f>G4(59(b4`8>d9d(̀ 9678_(c(59(>q8N>O`89(c(54b(G>ke>G868>Oa4b>q8ba>OV(c(=9c(ke>(=9`>G5>(gG>Oa>(9(54b(68b64bJ

"ba4(>b(eO(G>be6>O(d>(54b(9bf>`a4b(G>5>i9Oa>b(>O(68O>G]9J(F9(6>O`84Oh(ke>)=85>(8ONG>b4(9(59(')1"(9(g8O95>b(d>5(KWWT(c(fG8O`8f84b(d>(KW!WV(9b](ke>`464(f9]b(a>O>64b(ke>(b46>a>GO4b(9(>q8N>O`89b(ke>(b4O(̀ 46f5>a96>Oa>(d8bQa8Oa9b(>O(`e9Oa4(9(>baMOd9G>bV(O4G69a8i9bV(fG4`>d868>Oa4bV(G>`eGb4b(=e69QO4bV(G>`eGb4b((ah`O8`4b(c(68O>G]9(fG8i9d9J

F9(O467G964b(59(`4Oba8ae`8_O(d>(59(8OdebaG89(d>bd>(59(dh`9d9(d>(54b(RW(=9ba9`468>O^4b(d>(54b(TWV(>G9(RSw(>ba9a95(c((KSw(fG8i9d4J(,9(fG4f4G`8_O(f9b_((9b>G(LSw(ib(YSw( (>O(KW!WV( 59(H5a869(`8gG9( 59(d84(/e9O()G8ba_795J(05( b>G(>5O>N4`84(N54795V(59b(>6fG>b9bV(f4G(54(6>O4b(59b(NG9Od>b(68O>G]9b(fG8i9d9b(ke>>baMO(>O()=85>V(`46>G`8958^9O(`4O`>OaG9d4(c(b>( 54(i>Od>O(9(beb( g85895>b(>O)=8O9V(/9f_O(c("eG4f9(f9G9(ke>(>O(>b4b(5eN9G>b(b>(=9N9(59(geOd8`8_O(c(59

!TL!TL!TL!TL!TL

G>g8O9`8_OJ(+8((geO`84O9(>5(O>N4`84V(6e`=9(N>Oa>(>O()=8O9(G>`5969(f4Gke>(b>69Od9O(Oe>baG4b(G>`eGb4b(f9G9(>5(>qa>G84GJ(+>((d8`>(ke>(59(G>g8O9`8_O(O4(>bG>Oa975>V(f>G4(b8(ke>G>64b(a>O>G(54b(>baMOd9G>b(d>(b>NeG8d9d(ke>(a8>O>O(54b`=8O4bV(f4G(befe>ba4(ke>(O4(>b(G>Oa975>V(f>G4(596>Oa975>6>Oa>(=9c(ke>(9`>fQa9G(ke>(>5(O>N4`84(>b(9b]J

"O(`e9Oa4(9(59b(G>g4G69b(aG87ea9G89bV(b>(9fG47_(>5(f9ke>a>(deG9Oa>(59b(g8>ba9bf9aG89bV(9=4G9(a>O>64b(eO9(Oe>i9(5>c(ke>((G>Ne59(>5(fG>`84(d>((aG9Obg>G>O`89bJ&4G(>5(a8f4(d>(geO`8_O(ke>(c4(>j>G`]9(f9G9(aG9a9G(>5(a>69(d>(aG9Obg>G>O`89b(a>O]9ke>(a>O>G(>5(̀ 4Oa9`a4(̀ 4O(>5(d8G>`a4G(d>(g8b`958^9`8_O(d>5(b>Gi8`84(8Oa>GO4(f4Gke>`464(4GN9O8b64V(>554b(b4O(54b(ke>(a8>O>(59(f4a>ba9d(d>(b9O`84O9G(59b(>6fG>Qb9bJ()')D%,)'(>b(eO(9b>b4G(ah`O8`4(>bf>`8958^9d4(f>G4(b8(78>O(a8>O>(9aG87eQ`84O>b(d>( g8b`958^9`8_O(O4( a8>O>(f4d>G>b(d>( b9O`84O9GV( b8O(>679GN4(d>( 59b69a>G89b(ke>(O4b4aG4b(G>i8b964b(a>O>64b(ke>(8Og4G69GJ

,96>Oa975>6>Oa>(O4(54(8O`4Gf4Gh(>O(59b((5M68O9b(f>G4(f9G9(=9`>G54(G>be68d4V)')D%,)'(a8>O>(>O(be(79b>(d>(d9a4b(a4d4b(54b(`4OaG9a4b(d>(>qf4Ga9`8_O(d>`47G>(c(54b(fG4de`a4b(d>(`9d9(eO4(d>(54b(`4OaG87ec>Oa>b((b>9O(9(g9i4G(g8G6>(49(i954G(d>b`4O4`8d4J(0(i954G(g8G6>(>b(`e9Od4(`4O4`>b(>5(fG>`84(ke>(b>(g8j99=4G9V(9(i954G(d>b`4O4`8d4(>b(̀ e9Od4(i4c(9(̀ 46>G`8958^9G(9(?}!V(?}KV(?}LV?(>b(>5(6>b(d>5(>679Gke>(>5(KV(LV(XV(S(>b(>5(6>b(d>(9GG874(V(>O(>b>(646>Oa4>b(`e9Od4(i4c(9(`4O4`>G(>5(fG>`84(ke>(d9(59(745b9J

->ON4(54b(`4OaG9a4b(c(54b(>679Gke>b(ke>(54b(aG979j9()')D%,)'(>O(`4OjeOa4`4O(59(9de9O9V(>O(>5(`9b4(d>(eba>d>b(59(1%0*J(+8(a>O>64b(54b(`4OaG9a4b(c(54b>679Gke>bV(>5(MG>9(d>(>baed84b(d>()')D%,)'(>b(59(ke>(>ba975>`>(59(79j9(d>54b(fG>`84b(d>(6>G`9d4V(9b](a>ON4(`4Oba8ae8d9(59(79b>(d>(d9a4b(c(fe>d4(d>a>GQ68O9G(b8(59(̀ 46>G`8958^9`8_O(d>(68b(fG4de`a4b(>O(>5(>qa>G84G(59(G>958^9(̀ e95ke8>QG9( d>( 59b( >6fG>b9b( 68O>G9b( b>9( )'1",)'V( "*0?%( 4( 54b( fG8i9d4bJ0ea46Ma8`96>Oa>(a>ON4(54(ke>(6>(f8d>(>O(>ba>(`9b4(54b(a>69b(d>(aG9Obg>G>OQ`89bV(a>ON4(54b(`46f9G9d4b(4(O4(54b(a>ON4J

"O(KW!!(aG979j964b(59(G>i8b8_O(d>(KWWZV(54b(̀ 4OaG9a4b(d>(̀ 4O`>OaG9d4V(̀ Ma4d4bVbeb(fG4de`a4bV(>5(64587d>O4(c(54b(O4(G>g8O9d4bJ(o&4G(keh(b454(d>(>ba>(9n4p&4Gke>(ge>(>5(9n4(d>(59(̀ G8b8b(>`4O_68`9(8Oa>GO9`84O95(c(>b>(9n4((d>j_(8Oba9eG9d4f9G9(KWWTV(KW!W(c(KW!!(54b(68b64b(fG4de`a4bJ("b(59(HO8`9(g4G69(d>(d>a>GQ68O9G(9(`8>O`89(`8>Ga9(ke>(54b(8Oi>Gb84O8ba9b(d>(59(NG9O(68O>G]9(fG8i9d9(ke>55>N9O(95(f9]b(9(d>`8G(mi4c(9(8Oi>Ga8G(a9Oa9(f59a9(>O(eO(fG4c>`a4(ke>(i9(9(deG9Ga9Oa4b(9n4bmV(4f>G>O(9(i954G(d>(6>G`9d4J

)464(c9(d8j>(=9c(eO(a>69(d>(̀ 4Oa>qa4(d>(O>N4`84(N54795V(o`_64(b>(ke>(O4(6>=9`>O(aG9Obg>G>O`89b(95(>qa>G84G(G>de`8>Od4(>5(69GN>O(95(O8i>5(d>(54b(8ONG>b4b(cf4G(>Od>(f9N9Od4(6>O4b(86fe>ba4bp()')D%,)'(>baM(79ba9Oa>(9i9O^9d4VO4(=9c(O8ONHO(4GN9O8b64(ke>(a>ON9(>b9(`9f9`8d9dV(9eO(`e9Od4(=9c(`8>Ga4b

!TX!TX!TX!TX!TX

f9]b>b(ke>(f4G(beb(a969n4b(a8>O>O(8OdebaG89b(ke>(b4O(6ec(G>5>i9Oa>b(̀ 464(>O>5( `9b4( d>( ?hq8`4V( )>6>qV( ->56>qV( "qq4OV( c( >O( >5( `9b4( d>( eba>d>b")'&"-.',V(O9d8>(a8>O>(59(f4b87858d9d(d>(a>O>G(>O(59(69O4(a4d4b(54b(̀ 4OaG9Qa4b(d>(>qf4Ga9`8_OV(f>G4()')D%,)'(b8(54b(a8>O>(f4Gke>(aG979j9(>O(`4OjeOa4`4O(9de9O9(f4G(>5(a>69(d>(54b(>679Gke>b(c(>O(`4OjeOa4(`4O(>5(b>Gi8`84((d>fe>Ga4b( 8Oa>GO4b( f9G9( i>G8g8`9G( ke>( 59b( `4Od8`84O>b( b4O( g9i4G975>b( f9G9( >56>G`9d4J

F9(6>O`84O>(ke>(59(69aG8^(d>(G8>bN4(8d>956>Oa>(d>7>(b>G(47a>O8d9(d>(59(>Oa8Qd9d(ke>(9ed8a9OV(f>G4(b8(eba>d>b(O4(a8>O>O(O8ONeO9(69aG8^(d>(G8>bN4b(>b4(O4b8NO8g8`9(ke>(eba>d>b(O4(59(fe>d9O(N>O>G9G(c(f9G9(N>O>G9G59(d>7>O(`46fG>OQd>G(a4d4b(54b(fG4`>b4b(d>(54b(ke>(=>64b(=9759d4(9Oa>G84G6>Oa>J("ba>(>b(eO>j>6f54(d>(54(ke>(95`9O`h(9(d>j9G(86f5>6>Oa9d4(>O()')D%,)'J

"O(>5(̀ e9dG4(d>(9GG879(>b>(>b()'1",)'V(>b>(>b("*0?%V(b4O(MG>9b(d>(9f4c4Vke>(i>G8g8`9O(f4G(fG4797858d9d(d>(86f9`a4(59(9NG>N9`8_O(d>(g9`a4G>b(`e9Oa8a9Qa8i4b(ke>(a>ON9O(G>59`8_O(`4O(>5(G8>bN4(8O=>G>Oa>V(`4O(54b(G8>bN4b(d>(`4OaG45V`4O((a4d9b(59b(MG>9b(d>(9ed8a4G]9(ke>(eba>d>b(̀ 4O4`>OV(%d>Oa8g8`9G(̀ e9Od4(>ba4c=9759Od4(d>(6>b9(d>(d8O>G4J($O4(d>7>(f59Oa>9Gb>(>5(̀ 4Oa>qa4(d>(keh(>b(54(ke>>baM(G>i8b9Od4V(54(i9O(9(i>G(>O(>5(69a>G895(ke>((b>(i9O(9(55>i9GJ

+47G>( 59(69aG8^( d>( G8>bN4V( 59( =8`864b(f9G9( a4d4b( 54b( fG4`>b4b( `G]a8`4b( d>5O>N4`84J(&4G(>j>6f54(=9c(eO9((̀ 45>N9(aG979j9(a4d4(>5(a>69(d>(beba>Oa97858d9d(cd>(9ed8a4G]9(9678>Oa95V(#D+(#e958ac(D>95a5c(9Od(+>`eG8acV(ke>(>b(eO(a>69>bf>`]g8`4(d>(b>NeG8d9d(c(b95ed(4`ef9`84O95V(`46fG468b4(6>d84(9678>Oa95(c`8>GG>( d>( g9>O9b(68O>G9J( "ba4( b8NO8g8`9( ke>( d>OaG4( d>( 59b(6>a4d454N]9b( d>g8b`958^9`8_O(=9c(ke>(>Oa>Od>G(>O(keh(̀ 4Oa>qa4(b>(d9O(54b(fG4`>b4b(d>(O>N4`84d>(eO9(`46f9n]9(d>(>ba>(a8f4(4(d>(`e95ke8>G9J(-4d4(54(ke>(eba>d>b(i8>G4O(b>G>g8>G>(9(`_64(=9N4(9ed8a4G89(>O(>ba>(M678a4J

)8>Ga96>Oa>(>5(a>69(b>(`46f5>j8^9(f4Gke>(f9G9(`4ObaGe8G(eO9(69aG8^(d>(>ba>a8f4(V(G>5>i964b(a4d4b(54b(aG979j4b(>g>`ae9d4b(d>bd>(>5(KWW!(=9ba9(>5(KW!WJ(+895NeO9(i>^(=8`864b(aG979j4b(>O(>ba>(M678a4V(a4d4(54(ke>(>baM(>O(O>NG4(3>O(59b5M68O9b:(b4O(`4b9b(ke>(O4(9f58`9OJ("ba4(b>(G>g8>G>(9(G8>bN4(95a4V(6>d89O4V(=9c95NeO4b(`4O(79j4V(=9c(95NeO9b(f4Od>G9`84O>bV(>a`J

,9(g8b`958^9`8_O(ke>(b>(=9`>(>O()=85>(>b(>q9`a96>Oa>(8Ne95(9(`464(eba>d>b(59974Gd9O(9`Ml(eO9(f59O8g8`9`8_O(9Oe95V(f59O8g8`9`8_O(d>5(aG979j4V(>j>`e`8_O(d>568b64(>O(a>GG>O4V(G>f4Ga8ONJ($ba>d>b(a8>O>O(b4f4Ga>b(d>(68O>G]9(f9G9(f4d>Gd4`e6>Oa9G(a4d4(54b(aG979j4b(ke>(a8>O>OV(6>(869N8O4J

?>(ke8>G4(d>a>O>G(b454(>O(95NeO4b(d>(>ba4b(a>69b(ke>(a8>O>O(ke>(i>G(`4O(59>j>`e`8_O(d>5(aG979j4J(+8((eba>d>b(g4G6956>Oa>(=9`>O(eO9(G>eO8_O(d>(9f>GaeG9`4O(54b(>Oa>b(9ed8a9d4bV(>b>(>b(feOa4(N9O9d4V(b>(54b(fe>d4(d>`8G(f4Gke>(59

!TS!TS!TS!TS!TS

)4OaG954G]9(>O()=85>(O4(54(=9`>V(=9`>(a4d9(59(9ed8a4G]9(f>G4(OeO`9(=>(i8ba4(eO9G>eO8_O(d>(9f>GaeG9(g4G695J

,9(HO8`9(g4G69(d>(ke>(59(g8b`958^9`8_O(a>ON9(hq8a4(>b(ke>(=9c9(aG9Obf9G>O`89>O( 54(ke>( i964b(9(=9`>GJ("b4(O4(ke8a9(ke>( i964b(9( G>i8b9G( c( b8( =9c(ke>d>b`958g8`9G(d>b`958g8`9G>64bV(f>G4(=9c(ke>(>qf58`9G(keh((>b(54(ke>(i964b(9=9`>GJ(o$ba>d>b(=9`>O(eO9(G>eO8_O(d>(`8>GG>(g4G695pV(59()4OaG954G]9(955M(O4(54=9`>V(>Oa4O`>b(okeh(>b(54(ke>(f9b9pV(O4(>b(ke>(ke8>G9(=9759G(d>(g4G69(d>bQf>`a8i9(d>(68b(`45>N9b(>O()=85>(f>G4(>b(ke>(54(i8i]V(O9d8>(ded9(d>5(aG979j4=9`>OJ

)4O(eO(fG>(8Og4G6>(6>(̀ 46eO8`9O(54b(=9559^N4bV(>5(fG475>69(>b(ke>(>6f8>^9eO9(be>Ga>(d>(mf8Of4O>4m(8Og8O8a4J(,4(ke>(O4b4aG4b(f59Oa>964b(>b(=9`>G(eO9G>eO8_O(d>(`8>GG>(g4G695V(d4Od>(>g>`a8i96>Oa>(a>ON4(ke>(`46eO8`9G(54(ke>>O`4OaGh(c(a>ON4(ke>(G>`4N>G( 54b(`46>Oa9G84b(d>5(9ed8a9d4V(O4(b>(aG9a9(d>74GG9G(`4O(>5(`4d4(54(ke>(>b`G87](`4O(59(69O4V(b>(aG9a9(d>(G>`4N>G(59(b>Ob87858Qd9d(4(59b(̀ 4Ob8d>G9`84O>b(G>bf>`a4(d>(54(ke>(c4(i8i4V(g8O956>Oa>(fe>d>(ke>(>59ed8a9d4(O4(>bah(d>(9`e>Gd4(`4O68N4(f>G4(c4(a>ON4(ke>(>ba9G(`4Oi>O`8d4(cd8b`8f58O9d96>Oa>(69Od9G(59b(47b>Gi9`84O>b(`4O(59b(ke>(>5(9ed8a9d4(O4(>baMd>(9`e>Gd4J

"O(̀ e9Oa4(9(54b(G>bH6>O>b(>j>`ea8i4bV(O4(d>7>O(b>G(d>(6Mb(d>(K(4(L(fMN8O9bJo)eM5(>b(59(d8g>G>O`89(c(`eM5>b(b4O(54b(hOg9b8b(ke>(c4(5>b(aG9b68a8G]9(9(eba>d>bp&G86>G4(O4(̀ 4O4^`4(54b(8Og4G6>b(d>(eba>d>b(f>G4(o54b(8Og4G6>b(b4O(O>N9a8i4bp&4G(>j>6f54V(d8N964b(ke>(ge>G4O(9(=9`>G(eO9(G>i8b8_O(d>(!W(a>69bV(oeba>d>bf4O>O( >O( beb( 8Og4G6>b( ke>( G>i8b8_O( !W( a>69b( c( ke>( T( b958>G4O( 78>O( c!(b958_(695p

05(g8b`958^9G()'1",)'(c("*0?%V(̀ 464()')D%,)'V(>OaG>(>5(fG86>G(feOa4(c>5(b>NeOd4(>O`4OaG9G4O(>5(i954G(d>(Oe>baG4(aG979j4(c(54b(9ed8a9d4b(O4b(̀ >5>7G9QG4OJ(("5(fG475>69((i8O4(`e9Od4(54b(`4OaG954G>b(d>(;4N4aMV(?>d>55]O(c()958(6>=8`8>G4O(59(G>i8b8_O(c(fG>NeOa9G4O(o`eM5(ge>(59(N9O9O`89(d>(59(G>i8b8_Op(?>d>j9G4O(eba>d>b(`464()4OaG954G]9(95N4(f4b8a8i4(f9G9(>5(68(fG4`>b4V(9f9Ga>(d>54b(be69G84b(c(d>(54b(je8`84bJ

+8Ne8>Oa>V(=8`864b(eO9(`4O`5eb8_O(d>5((fG4`>b4(>O(be(`4OjeOa4V(>b(d>`8G(>O(59G9c9(f9G9(59(be69(>O(>5(fG4`>b4(d>(G>i8b8_O(d>(6>b9(d>(d8O>G4(>O()'1",)'U>b(7e>O4V(>b(6Mb(4(6>O4bV(4(>b(6954J(*4b4aG4b(b8(54(d>`]964bV(mb8V(eba>d>b(54=9`>O(>bf>`a9`e59GmJ(*4b4aG4b(d8j864b(d>bfehb(d>(=97>G(=>`=4(59(G>i8b8_OV(59>qf4b8`8_O(>b(95a9V(64d>G9d9(4(79j9l(c(>ba4(>b(6ec(G>5>i9Oa>V(̀ G>4(ke>(eba>d>b`464()4OaG954G]9(54(=9`>OJ

*4(>b(6Mb(`8>O`89(ke>(>b4V(b8(fe>d>O(9b>NeG9G(ke>(G>958^9O(>5(fG4`>b4(d>(595M68O9(9Oa>G84GV( 5>b(9b>NeG4(ke>(5>b(i9(9(8G(6ec(78>OV(of4G(kehp(f4Gke>(59

!TY!TY!TY!TY!TY

`4OaG954G]9( d>(68(f9]b( >baM( 9i9O^9d4(=9`89( 54(68b64V(f>G4( a4d4b( 59( a8>O>`9a954N9d9(`464(8Oke8b8d4G9V(86f59`975>V(8Og5>q875>V(f>G4(b8(=9c(ke>(mG9j9Gm(954b(a8f4b(ke>(̀ 46>a8>G4O(54b(>GG4G>b(=9c(ke>(G9j9G54bV(>5(fG475>69(>bV(o`eM5(>b59(N9O9O`89(f9G9(59b(>6fG>b9b(ke>(d>(95NeO9(69O>G9(9f4Ga9O(9(59b(f45]a8`9bfH758`9bp( #e>( >b( >O( H5a869b( 54( ke>( eba>d>b( ke8>G>O( ke>( geO`84O>( 9( 59f>Gg>``8_OJ

"Oa>Od>G]9(c4V(c(>b>(68(`4Ob>j4(g8O95V(ke>(=9c(ke>(8Gb>(f4G(>b9(i]9J(+8(eba>d>b=9O(a>O8d4(59(4f4GaeO8d9d(>O(>ba>(̀ 4ONG>b4(d>(i>G(d4b(8OdebaG89bV(>O(>ba>(̀ 9b459(68O>G]9(ke>(>b(8O`8f8>Oa>(f9G9(eba>d>bV(55hi>Ob>(a4d9(59(>Ob>n9O^9V(a4d4(54ke>(5>b(`46>Oa>(c(a4d4b(54b(geO`84O9G84b(ke>(9ed8a9O(")'&"-.',(a46>O(5468b64J(<>9O(keh(>b(54(ke>(=9O(=>`=4V(c(>O((>5(`9b4(d>(59(N>Oa>(ke>(9ed8a9b95ed(b4O(>q9`a96>Oa>(54b(68b64b(fG4`>b4b(d>(9f4c4J()e9Od4(i>64b(fG4`>Qb4b(`G]a8`4b(=9c(ke>(>6f>^9G(9(i>G(9a>O`8_O(fG869G89V(d8bf4O87858d9d(d>(`9Q69bV(979ba>`868>Oa4(d>(8Obe64bV(O8(=9759G(d>(54b(G>`eGb4b(=e69O4bV(b8(>baMO4(O4(>baMO(54b(d4`a4G>bV(c(9b](eO(64Oa_O(d>(a>69bJ(,9(5_N8`9(>b(>q9`a96>Oa>8Ne95V(O8(6Mb(O8(6>O4bJ

D9c(ke>(9NG9d>`>G(9(?8`=9>5(&4Ga>G(f4Gke>(h5(ge>(ke8>O(8Oi>Oa_(>5(64d>54J(1>f9Ga>(6]9(9NG9d>^`4(d>(Oe>i4(9(59(geOd9`8_OV(9(eba>d>b(f4G(59(9a>O`8_OJ(1>j468(̀ 4GG>4(f>Gb4O95(b8(95Ne8>O(a8>O>(95NeO9(8Oke8>aed(d>(a8f4(ah`O8`4V(b8(95Ne8>Oke8>G>(9``>d>G(9(59(6>a4d454N]9(d>(g8b`958^9`8_O(ke>(ea858^9()')D%,)'(>baMa4d9(>O(!SW(fMN8O9b(c(b>NHO(f4G(54(ke>(=>(>b`e`=9d4(=9`>64b(54(68b64J

&Mb>O59(78>O(u@G9`89bv

!TR!TR!TR!TR!TR

!TZ!TZ!TZ!TZ!TZ

1G1G1G1G1GJ( D>GJ( D>GJ( D>GJ( D>GJ( D>GO9O9O9O9O9Od4( ,4^9d9( %b9^9JOd4( ,4^9d9( %b9^9JOd4( ,4^9d9( %b9^9JOd4( ,4^9d9( %b9^9JOd4( ,4^9d9( %b9^9J3)4546789:3)4546789:3)4546789:3)4546789:3)4546789:

("b(%ON>O8>G4(#e]68`4(d>(59($O8i>Gb8d9d(*9`84O95(d>()4546789V(>bf>`8958^9Q`8_O(>O(1>G>`=4()46>G`895(c()46>G`84(%Oa>GO9`84O95(>O(59($O8i>Gb8d9d(@G9O)4546789V("bf>`8958^9d4(>O(*4G6958^9`8_O(-h`O8`9(d>5()4Ob>j4(*9`84O95(d>)8>O`89(c(->`O454N]9()'*0)F-(d>(?hq8`4(1J(AJV("qf>Ga4(>O(0d68O8baG9`8_Od>(+8ba>69b(d>(%Og4G69`8_O(d>(59()"&0,V("bf>`8958^9d4(>O(0d68O8baG9`8_O(d>'g8`8O9b(@e7>GO96>Oa95>b(d>(&G4f8>d9d(%OdebaG895(3?9G`9b(c(&9a>Oa>b(d>(%OQi>O`8_O:(d>(59('GN9O8^9`8_O(?eOd895(d>(&G4f8>d9d(%Oa>5>`ae95('?&%(>O(,8693&>GH:V(>baed84b(>O('GN9O8^9`8_O(c(AeO`84O>b(d>(0ed8a4G]9(%Oa>GO9(>O(>5(+>`a4G&H758`4(d>(59($O8i>Gb8d9d(*9`84O95(d>()4546789V(18f5469d4(>O(+45e`8_O(d>)4Og58`a4b(c(1>G>`=4b(De69O4b(d>(59()4Gf4G9`8_O(%Oa>GO9`84O95(f9G9(>5(1>Qb9GG4554("de`9a8i4()%1"V(18f5469d4(>O("baG9a>N89b(@>4f45]a8`9bV(%Oa>GO9`84QO95>b( c( "`4O_68`9b( d>( 59( $O8i>Gb8d9d( ?858a9G( *e>i9( @G9O9d9( c( >5( )%1"V"qf>Ga4(>O(+8ba>69b(d>(@>ba8_O(d>()958d9dV('Gd>O968>Oa4(->GG8a4G895V(?>d840678>Oa>V(+95ed('`ef9`84O95(c(.8>bN4b(&G4g>b84O95>bV(&G>b8d>Oa>(0b4`89`8_O)4546789O9(d>('Gd>O968>Oa4(->GG8a4G895J

!TT!TT!TT!TT!TT

00000)".)0)".)0)".)0)".)0)".)0?%"*-?%"*-?%"*-?%"*-?%"*-'( 0( ,'( 0( ,'( 0( ,'( 0( ,'( 0( ,'+( ?[-'+( ?[-'+( ?[-'+( ?[-'+( ?[-'1'+( F( 1'1'+( F( 1'1'+( F( 1'1'+( F( 1'1'+( F( 1%A%)$,%A%)$,%A%)$,%A%)$,%A%)$,-----000001"+1"+1"+1"+1"+1"( ,1"( ,1"( ,1"( ,1"( ,0( "0( "0( "0( "0( "<<<<<0,0,0,0,0,$0$0$0$0$0)%I*( 1"( &')%I*( 1"( &')%I*( 1"( &')%I*( 1"( &')%I*( 1"( &',C-%)0+( &P;,%)0+J,C-%)0+( &P;,%)0+J,C-%)0+( &P;,%)0+J,C-%)0+( &P;,%)0+J,C-%)0+( &P;,%)0+J

-95(̀ 464(54(d>`]9()G8ba8O9V(a>OdG>64b(eO9(̀ =9G59(d>(̀ 8>GG>V(ke>(G>`4j9(54(i8ba4>O( 59(`Ma>dG9(c((O4b(fG>b>Oa>( 59(4f4GaeO8d9d(d>(i>G(95N4(ke>(b>(`4Ob8d>G997b45ea96>Oa>(beba9O`895J

<8ba9( a4d9( 59( a>4G]9(>O(69a>G89(d>(f45]a8`9b(fH758`9b(c(=978>Od4(>b`e`=9d4d8i>Gb4b(>qf4b8a4G>b(a9Oa4(O9`84O95>b(̀ 464(>qaG9Oj>G4bV(ke>d9(59(fG>NeOa9(d>95N4(ke>(9f>O9b(>6f8>^9(9(a>O>G(d>b9GG4554(>O(,9a8O496hG8`9U(59(>i95e9`8_Od>(f45]a8`9bV(d>(fG4NG969b(c(d>(fG4c>`a4bV(b47G>(54(̀ e95V(>O(>5(̀ 9b4(d>()4546Q789(=9c(eO(7e>O(9Oa>`>d>Oa>( `4O(>5( aG979j4(d>( 59()4OaG954G]9J(?e`=4b(d>eba>d>b(=97GMO(f9Ga8`8f9d4(>O(>b9b(5974G>b(c(O9aeG956>Oa>(i964b(9(i>G(̀ _64b>( G>958^9OV( `_64(b9`964b(`4O`5eb84O>bV( `_64( a>O>64b( 8Og4G69`8_O(f9G99jeba9G( >5( d>i>O8G( d>( eO( N478>GO4( 4( 59( d>a>G68O9`8_O( d>( 9b8NO9`84O>bfG>befe>ba95>bV(>O(H5a869bV(̀ _64(f4d>64b(9b>NeG9G(ke>(59(N>ba8_O(d>(N478>GQO4(b>(`4Oi8>Ga9(>g>`a8i96>Oa>(>O(N>ba8_O(d>(i954G(fH758`4J

,9(̀ =9G59(b>(d8i8d>(>O(aG>b(754ke>bV(>O(>5(fG86>G4(i>G>64b(59(f9Ga>(N>O>G95(d>keh(>b(eO9(>i95e9`8_OV(>O(>5( b>NeOd4V( ( 59(f9Ga>(`4GG>bf4Od8>Oa>(9( 54(ke>eba>d>b(69O>j9OV(a469Od4(`464(79b>(59(G>b45e`8_O(4GNMO8`9(YYZW(d>5(!K(d>9N4ba4(d>5(9n4(KW!K(c(g8O956>Oa>(=9G>64b(eO(9OM58b8b(d>(̀ 9b4J(%Og4GaeO9d96>Oa>>O(>5(M678a4(̀ 4546789O4(O4(=9c(̀ 9b4b(d>78d96>Oa>(>i95e9d4b(b95i4(d4b(4(aG>bke>(=9(=>`=4(&59O>9`8_O(*9`84O95(f>G4(i964b(9(>`=9G(69O4(d>(59b(>qf>G8>OQ`89b(8Oa>GO9`84O95>b(f9G9(i>G(keh(>b(54(ke>(be`>d>(`4O(>ba4J

"O(fG86>G(5eN9G(>5(14`a4G(&>d4(?>d>55]O(-4GG>bV(d8G>`a4G(d>(59(AeOd9`8_O('Ga>QN9(c(@9bb>aV(f59Oa>979(>5(9n4(f9b9d4(>ba4b(9bf>`a4b(d>(59b(f45]a8`9b((fH758`9bV9Oa>b(d>(ke>(>O()4546789(b>(fG>b>Oa9G9(eO(g>O_6>O4(ke>(a4d4b(̀ 4O4`>64b(cke>(a4d4b(i8i864bV(`464(ge>(59(9fG479`8_O(>O(>5()4ONG>b4(d>(eO9(G>g4G69`4Oba8ae`84O95(ke>(95(d]9(b8Ne8>Oa>(f4G(fG>b8_O(d>(54b(6>d84b(d>(̀ 46eO8`9`8_Oc(59(4f8O8_O(fH758`9(ge>(G>i>Gb9d9J("O(>b>(646>Oa4(b>(f59Oa>9(ke>(>ba964bi8i8>Od4(eO9(hf4`9(>O( 59(`e95(O4(b4596>Oa>(>O()4546789(b8O4(>O( a4d4(>56eOd4(=9O(beGN8d4(eO4b(64i868>Oa4b(d>(`9GM`a>G(b4`895(c(=9c(eO9(NG9O(fG>Qb8_O(f4G(f9Ga>(d>(54b(6>d84b(f9G9(=9`>G(`96789G(59b(`4b9bV(54b(64i868>Oa4bke>(b>(i>O(>O("eG4f9V(d>O468O9d4b(54b(8Od8NO9d4bV(9b](54(d>6e>baG9OJ(+>64baG_(>O(59(>qf4b8`8_O(d>(9c>G(`4O(59(1G9J(?9Gi9(keh(>baM(be`>d8>Od4(>Of9]b>b(`4O(eO9(95a9(fG4f4G`8_O(d>(f4759`8_O(8Od]N>O9(`464(>5(&>GH(9`>G`9(d>59(fG>b8_O(ke>(>baMO(>j>G`8>Od4V(a>O8>Od4(>O(`e>Oa9((ke>(59b(>baGe`aeG9b(d>N478>GO4(O4(d9O(b45e`8_O(9(59b(fG475>6Ma8`9b(c(fGM`a8`96>Oa>(̀ 4Ob8d>G9O(ke>59(HO8`9(69O>G9(d>(54NG9G(>5(`96784(4(59(G>i>Gb9(>O(59b(d>`8b84O>b(Ne7>GO9Q6>Oa95>b(>b(9( aG9ihb(d>(69O8g>ba9`84O>b(ke>(eO(646>Oa4(d>a>G68O9d4(b>b95>O(d>(54b(`9e`>b(5>N95>bJ

KWWKWWKWWKWWKWW

1>( >ba9( 69O>G9( d>7>64b( a>O>G( eO9( `4b9( `59G9U( 59b( f45]a8`9b( fH758`9bV( 54bfG4NG969b(c(54b(fG4c>`a4b(G>ke8>G>O(̀ 4=>G>O`89(̀ 4O(59b(>qf>`a9a8i9b(ke>(a8>O>>5(NGef4(b4`895(f9G9(d>(>ba9(69O>G9(N9G9Oa8^9G(ke>(>g>`a8i96>Oa>(b>(`e6f59`4O(59(G9^_O(d>(b>G(c(`4O(54b(g8O>b(>b>O`895>b(d>5("ba9d4J(0=](>O`4OaG964b(eOg>O_6>O4(>O(>5( `9b4(d>( 59(68O>G]9V( `464( 59(f59Oa>979( 59(1G9J(05>q9OdG9+=4OO>z45gV(59(b8ae9`8_O(>O()4546789(b>(d9(7Mb8`96>Oa>(f4Gke>(a>O>64b(>568b64(4G8N>O(>O(`454O8^9`8_O(ke>(&>GH(c( ("`e9d4G(d4Od>(beGN>( a4d9(eO9=8ba4G89(d>(>qf54a9`8_O(d>(G>`eGb4b(`4O(eO9(`9G9`a>G]ba8`9(d>(f9N4(95("ba9d4d>(eO9(be69(d>a>G68O9d9V(>baGe`aeG9(ke>(b>(aG9j4(d>("bf9n9V(b>(86f5>6>Oa_>O()4546789(d>bd>(>5(9n4(!SWW(c(9HO(be7b8ba>J(055](54(86f4Ga9Oa>(>b(i>G(ke>d>OaG4(d>5(f9O4G969(b4`895V(>`4O_68`4V(f45]a8`4(c(̀ e5aeG95(>O(59(a469(d>(d>`8Qb84O>b(keh(b>(=9(=>`=4(̀ 4O(59b(G>N95]9bV(b8(54(ke>(>O(eO(646>Oa4(d>a>G68O9d4b>(f59Oa>9(d>(eO9(69O>G9(6ec(b86f5>U(m9ke](b>(59b(G479OmJ($ba>d>b(>b`e`=9QG4O(ke>(>O(>5(&>GH(a9678hOV(=9759Od4(`4O(54b(`=85>O4b(955M(f9b9(54(68b64V>Oa4O`>b(>O(>b4b(646>Oa4b(>OaG9O(>O(je>N4(eO9(b>G8>(d>(9bf>`a4b(`e5aeG95>bke>(eba>d>b(̀ 4O4`>O(6ec(78>OV(eO4(d>(>554b(>b(ke>(9beOa4b(ke>(>O(eO(646>OQa4(d9d4(O4b(f9G>`>O(>b`9Od954b4b(a8>O>O(jeba8g8`9`8_O(̀ e5aeG95(>O(eO9(d>a>G68QO9d9(fG4i8O`89V(c(=9c(eO4b(ke>(O4(a8>O>O(O8ONeO9(jeba8g8`9`8_OV(f4G(>j>6f54V`4O( 59b(G>N95]9b(>O(>5(`9b4(d>(0G9e`9(b>(`4ObaGec_(>5(6>j4G(i>5_dG464(d>)4546789V(f>G4(>5(HO8`4(fG475>69(>b(ke>(>O(0G9e`9(O4(=9c(`8`58ba9bV(>b4f9G>`>(8O`G>]75>Vl(>O(54b(`9b4b(d>5(?>a9(c(d>5()9b9O9G>(b>(`4ObaGec>G4O(3c(b>=9O(̀ 4Ob8d>G9d4(a9678hO(̀ 464(eO(d>bf85g9GG4:(59b(ke>(>baMO(̀ 4Ob8d>G9b(̀ 46459b(6>j4G>b(f8ba9b(d>(`45>4(d>5(6eOd4(c(d>7>(b>G(9b](f4Gke>(>5(`45>4(7Mb8`9Q6>Oa>(b454(=9c(>O(>b4b(1>f9Ga96>Oa4b(f>G4(>b4(a8>O>(9GG98N4(f4fe59GV(>b(eO9aG9d8`8_O(c(>b(f4b875>(ke>(O4b4aG4b(54(i>964b(`464(eO(97beGd4(f>G4(54b(d>5fe>754(559O>G4(54(i>O(f5>O96>Oa>(jeba8g8`9d4(c(d8bgGea9O(d>(>b4V(a4d4b(54b(9n4b=9`>O(54b(a4GO>4b(d>(̀ 45>4l(f4G(4aG9(f9Ga>(&e>Ga4(@98aMO(>O(>ba>(646>Oa4(>beO4(d>(54b(6eO8`8f84b(ke>(6Mb(G>N95]9b(G>`87>OV(a8>O>(eO(G>`4Gd(>O()4546789c(>O(>5(6eOd4(d>(b>G(>5(HO8`4(6eO8`8f84(ke>(=9(55>i9d4(aG>b(i>`>b(9(?9G`0Oa=4Oc(c(9(/>OO8g>G(,_f>^V(̀ 4b9(ke>(O4(=9(f9b9d4(O8(b8ke8>G9(>O(;4N4aM(4(>OO8ONeO9(f9Ga>(d>5(6eOd4V(c(eO4(b>(fG>NeOa9(oaG9>G(>ba4b(9Ga8ba9b(̀ 4O(eO(̀ 4ba4d>5(4Gd>O(d>5(6855_O(c(6>d84(d>(d_59G>b(b>(jeba8g8`9(68>OaG9b(>O(>5(fe>754(O4=9c(9Ne9(c(=9c(`955>b(ke>(OeO`9(=9O(G>`878d4(eO9(`9f9(9bgM5a8`9pJ("O(>b>646>Oa4(i>64b(b8(>ba4(b>(jeba8g8`9V(b8(/>OO8g>G(,_f>^(c(?9G`(0Oa=4Oc(=9O9f4Ga9d4(95(d>b9GG4554(`e5aeG95V(ke>(f4d964b(d>`8G(>b(ke>(`4O(59(i8b8a9V(>ba4bf>Gb4O9j>b( b>( `4Oi8Ga8>G4O( >O(eO(64d>54( 9( 868a9G(f4G(f9Ga>( d>( a4d4( >ba>6eO8`8f84V(>Oa4O`>b(i964b(9(>bf>G9G(b8(=9c(eO(7e>O(86f9`a4V(b8(d>OaG4(d>(KW9n4b(b95>(a4d9(eO9(`969d9(d>(`9Oa9Oa>b(9(f9Ga8`8f9G(>O(>i>Oa4b(O9`84O95>bNG9`89b(9(>b9(i8b8a9V(>b4(>b(f4b875>V( a4d9i]9(O4( 54(b97>64b(f4Gke>(`e9Od49fG>Od964b(`_64(=9c(ke>(>i95e9G(86f9`a4b(i>G>64b(ke>(>b4(>b(d>(54(6Mb`46f58`9d4J

0GG9O`964b(c(=9N4(eO9(b95i>d9dV(59(gG9b>(d>()5>6>Oab((>O(>5(b>Oa8d4(d>(ke>59(Ne>GG9(>b(eO(9beOa4(a9O(86f4Ga9Oa>(ke>(O4(b>(d>7>(d>j9G(>O(69O4b((d>(54b

KW!KW!KW!KW!KW!

6858a9G>bV(`e9Od4(h5(>G9(>5(fG86>G(68O8baG4(d>(AG9O`89(>O(59(fG86>G9(Ne>GG96eOd895V(59(i964b(9(a469G(c(=9N4(59(b95i>d9d(c(i964b(9(`4f89G59(f9G9(=9`>GeO9(9O954N]9(̀ 4O(54(ke>(a>O>64b(ke>(=9`>G(>O(69a>G89(d>(>i95e9`8_OV(f4Gke>eba>d>b(b97>O(ke>(>5(1>f9Ga96>Oa4(*9`84O95(d>(&59O>9`8_OV(ke>(>b(>5(ke>=9`>(59b(f45]a8`9bV(>b(>5(ke>(>5974G9(54b(d4`e6>Oa4b()'*&"+V(`G>_(eO9($O8Qd9d(d>("i95e9`8_O(d>(&45]a8`9b(&H758`9b(c(>O(>ba>(646>Oa4(59(68b69(>Oa8d9dc(6e`=9b(i>`>b((59(68b69(f>Gb4O9b(ke>(=9`>(59b(f45]a8`9b(59(>i95H9(c(O9aeG95Q6>Oa>(54b(G>be5a9d4b(b4O(7e>O]b864bV(>b4(O4(a8>O>(f8>Gd>V(9b](>bV(>b(c4(̀ 4O(c4J"b9(b8ae9`8_O(55>i9(9(ke>(eO9(d>(59b(`4b9(f>Gi>Gb9b(>O(59(>i95e9`8_O(d>(59bf45]a8`9b(>b(ke>(6e`=9b(i>`>b(b>(ea858^9(O4(`464(eO(6>`9O8b64b(f9G9(68G9Gb8(59b(`4b9b(i9O(78>O(4(695(>(8OaG4de`8G(`4GG>`a8i4b(b8O4(f9G9(jeba8g8`9G(9``84QO>b(d>5(N478>GO4V(955](>b(d4Od>(b>(f8>Gd>(a4a956>Oa>(59b(G9^_O(d>(b>G(d>(59>i95e9`8_OV(d>(9=](59(86f4Ga9O`89(d>(ke>(59()4OaG954G]9(>j>G^9(54(ke>(59(G>b4Q5e`8_O(YYZW(>ba975>`>V(ke>(>b( 59( g9`e5a9d(d>(>OaG9G(O4(b454(d>(>i95e9G( 59bf45]a8`9bV(b8O4(d>(>i95e9G(59b(6>a4d454N]9b(ke>(f9G9(>i95e9G(ea858^9(&59O>9`8_O*9`84O95J

$a858^9G>64b(59(gG9b>(̀ 4O(a4d4(>5(d>78d4(G>bf>a4(d>()5>6>Oab(c(̀ 464(b8>6fG>=9c(ke>(d>`8G(`eMOd4(b>(d8j4V(`G>4(ke>(f4dG]964b(f59Oa>9G(>ba4(c( 59( gG9b>ke>d9( `464( 9jeba9d9( c( f59Oa>964b( `e9Od4( b>( 8O8`89U( b>( 8O8`89( >O( ?>5N9G-45869(>O(>5(9n4((KW!KV(i964b(9(f9Ga8G(d>(eO(fG8O`8f84(ke>(>b(>5(d>(9ed8a4G89Vke8>O(G>958^9(eO(aG979j4(O4(54(fe>d>(9ed8a9GV(O9d8>(fe>d>(9ed8a9G(be(fG4f84aG979j4V(d>( 8Ne95(69O>G9(>b( 8O`4Oi>O8>Oa>V(d>j9G(eO(9beOa4(a9O( 86f4Ga9Oa>`464(59(>i95e9`8_O(>O(69O4b(d>(54b(ke>(g4G6e59G4O(4(>O(69O4b(ke>(54b(ke>>j>`ea9G4O(59(f45]a8`9J

0(54(59GN4(d>(>ba9(`=9G59(>O`4OaG9G>64b(aG>b(9bf>`a4b(7Mb8`4b(ke>(O4b(d8`>Oke>(=9c(ke>(>i95e9GV(f45]a8`9bV(fG4NG969b(c(fG4c>`a4b(c((>b(O>`>b9G84(b97>Gkeh(>b(`9d9(eO4(d>(>554bV(f4Gke>(6e`=9b(i>`>b(59(d8g>G>O`89((9f9G>`>(6ec`59G9V(>Oa4O`>b(54(ke>(O4b(f4d>64b(869N8O9G(>b(eO(d>b9GG4554(>O(>5(b>Oa8d4(d>ke>(eO9(f45]a8`9(O4G6956>Oa>(>baM(`46fe>ba9(d>(fG4NG969b(c(9(59(i>^(54bfG4NG969b(>baMO(`46fe>ba4b(d>(fG4c>`a4bJ(D9c(eO9b(d8g>G>O`89b(d>(g4Od4V(54fG86>G4(>b(ke>(59(f45]a8`9(>b(59(69O8g>ba9`8_O(d>(59(8Oa>O`8_O(d>5(7e>O(d>b>4d>5(N47>GO9Oa>(68>OaG9b(ke>(54b(fG4NG969b(5>(d>7>O(d9G(̀ 4=>G>O`89(9(>b>(7e>Od>b>4(c(54b(fG4c>`a4b(c9(a8>O>(eO9b(f9Ga8`e59G8d9d>bV(eO9(>b(ke>(>baMO(d>g8O8Qd4b(f9G9(b>G(G>958^9d4bV(f9G9(b>G(>j>`ea9d4b(>O(eO(d>a>G68O9d4(a8>6f4V(a8>O>OeO(fG>befe>ba4(>bf>`]g8`4(c(d>7>O(̀ e6f58G(eO(b454(47j>a8i4J("(O(>b>(646>Oa4>5(fG4c>`a4(>b(a4a956>Oa>(f9Ga8`e59G(c(O9aeG956>Oa>(>ba4b(aG>b(9bf>`a4b(95(g8O95b>(>j>`ea9GMO(9(aG9ihb(d>(eO9(b>G8>(d>(9`a8i8d9d>bJ

)e9Od4(d>`864b(`_64(d>g8O864b( 59(f45]a8`9(fH758`9V(>O`4OaG964b(6e`=9bf4b87858d9d>bV(>ba9(ke>(9f9G>`>(>b(d>5(d4`a4G(*8`9OdG4()Ge^(.e784V(ke8>O(O4b9`46f9n_( >O( `Ma>dG9b( 9Oa>G84G>bV( h5( >b( d4`a4G( >O( f45]a8`9b( fH758`9b( d>( 59$O8i>Gb8d9d()46f5ea>Ob>V(6>q8`9O4V(c(9`ae956>Oa>(b>(d>b>6f9n9(>O(5974G>b

KWKKWKKWKKWKKWK

d>(9b>b4G]9(9(N478>GO4b(>O(?9dG8dJ($O9(f45]a8`9(fH758`9V(>b(eO(`4OjeOa4(9Ga8Q`e59d4(c(̀ 4=>G>Oa>(d>(8d>9bV(jeba8g8`9`8_OV(g8O>b(c(ke>(b>(9d4fa9(̀ 4O(59(f9Ga8`8Qf9`8_O(9`a8i9(d>(95(6>O4b(eO9(>Oa8d9d(fH758`9(f9G9(95`9O^9G(g8O>b(d>(i954GV955](>baMO(54b(>5>6>Oa4b(ke>(`9G9`a>G8^9O(eO9(f45]a8`9V(>O(fG86>G(5eN9G(ke>(>beO( `4OjeOa4V( >O( b>NeOd4( 5eN9G( ke>( d>7>( 9d4fa9Gb>( c9( ke>( b8( O4(=9c( eO9>Oa8d9d(ke>(f9Ga8`8f>(9`a8i96>Oa>(>O(be(g4G6e59`8_O(54(6Mb(b>NeG4(>b(ke>(i99(ke>d9G(695(d8b>n9d9V(c(g8O956>Oa>(d>7>(9feOa9G(9(95N4(ke>(b8NO8g8ke>(N>O>QG9`8_O(d>(i954G(fH758`4V(d>(>b9(69O>G9(>O`4OaG964b(ke>(eO9(f45]a8`9(fe>d>b>G(79ba9Oa>(96f589(c(b>(f59Oa>9(ke>(fe>d>(b>G(b86f5>6>Oa>(eO9(d>`8b8_O(d>eO(N47>GO9Oa>(c(>O(>5(5>ONe9j>(`46HO(c(`4GG8>Oa>J((,9(N>Oa>(=9759(59(f45]a8`9d>(a4G4b(d>5(95`95d>(&>aG4V(>Oa4O`>b(eO4(>O(>b>(646>Oa4(eO4(d8`>V(`_64(59>O69G`964b(c(b>(>O`e>OaG9(ke>(>b9(O4(b>(>O69G`9(>O(eO(9bf>`a4(9678>Oa95d>(fG4a>``8_O(9(54b(9O8695>bJ(+8>6fG>(i964b(9(>O`4OaG9G(ke>(eO9(f45]a8`9(=9cke>(>O`9j9G59V(=9c(ke>(6>a>G59(>O(eO(9O9ke>5(f9G9(d9G5>(f5>O9(jeba8g8`9`8_O(c>b(>O(>b>(646>Oa4(d4Od>(d>`864b(b8(i>Gd9d>G96>Oa>(9f4Ga9(4(N>O>G9(i954GfH758`4V(c(>6f8>^9(59(d8b`eb8_OV(59(`4OaG954G]9(a8>O>(ke>(55>N9G(9=](f9G9(je^N9Gc(>i95e9G(f9Ga8>Od4(d>(eO9(79b>(>O(59(ke>(>i95e9`8_O(b8NO8g8`9(d9G(eO(i954GV>b4(>bJ

0(d8g>G>O`89(d>(59(9ed8a4G89(d4Od>(b8>6fG>(b>(f59Oa>9(ke>(>5(9ed8a4G(O4(>b(je>^VG>be5a9(ke>(>5(>i95e9d4G(b8( 54(>b(9( aG9ihb(d>(eO4b( 8ObaGe6>Oa4b(ke>(d>7>O9f9G>`>G(>O(59(68b69(f45]a8`9(`464(eO9(79a>G]9(d>(8Od8`9d4G>bV(eO9(f4759Q`8_O(47j>a8i4V(eO9(5]O>9(79b>V(i9(9(f4d>G(55>N9G(c(d>a>G68O9G(b8(b>(9i9O^_(4(b>=9(G>aG4`>d8d4(gG>Oa>(9(>b9(5]O>9(79b>J($ba>d>b(>b`e`=9G4O(9c>G(a9678hO(ke>d>`]9(59(1G9J(?9Gi9(c(54(d>`]9O(54b(̀ 46f9n>G4b(̀ =85>O4b(ke>(i954G9G(59(9``8_Od>5(>ba9d4(fGM`a8`96>Oa>(>O(54b(f9]b>b(d>(>554b(a96f4`4(b>(=9`>V(c4(5>b(d>`]9>O()4546789(d>bd>(59(`4Oba8ae`8_O(d>(T!(b>(>ba975>`8_(eO9(geO`8_O(6ec(86Qf4Ga9Oa>(>O(`97>^9(d>( 59b(`4OaG954G]9b(ke>(>b(d>a>G68O9G(>5( >ba9d4(d>( 54bG>`eGb4(O9aeG95>bV(59()4Oba8ae`8_O(=9759(>O(>b4b(ahG68O4b(c(eO4(d>7>(7eb`9Gf9G9(keh(b8Gi>(f4Gke>(>b4(O4(b>(d>7>(5868a9G(b86f5>6>Oa>(9(b9`9G(f>G8_d8`9Q6>Oa>(eO(a>qa4(6ec(74O8a4(c(d>5(̀ e95(b>(=9759(>O(a4d9b(59b(̀ 9G9`a>G]ba8`9b(4(d>59b(ke>(b>(95`9O^9G4O(9(i>G(d>(eO(a>GG8a4G84(>O(69a>G89(9678>Oa95V(`e9Od4(b>f59Oa>979V(ke>(d>(eO9(b>Oa>O`89(d>(59()4Ga>(%Oa>G96>G8`9O9(d>(1>G>`=4b(DeQ69O4b(gG>Oa>(95(a>69(68O>G4(>O(&>GHV(d8`>(59(̀ 4Ga>(ke>(54b(>baed84b(d>(86f9`a49678>Oa95(d>7>O(b>G(=>`=4b(f4G(>5("ba9d4(c(O4(f4G(>5(f9Ga8`e59G(ke>(fG>a>Od>>qf54a9G(c(>Oa4O`>b(a4d4(>5(6eOd4(54(>O`e>OaG9(97b45ea96>Oa>(5_N8`4V(c(>b(>O>b>(646>Oa4(̀ e9Od4(eO4(5>(>O`e>OaG9(59(ea858d9d(95(8Og4G6>(9Oe95(d>(̀ 4OaG954G]9b47G>(>5(>ba9d4(d>(54b(G>`eGb4b(O9aeG95>b(c(>b(955](`e9Od4(i8>O>(59(fG>NeOa9`e9Oa9b(>Oa8d9d>b(d>5(>ba9d4(ea858^9O(>b>(8Og4G6>(̀ 464(5]O>9(79b>(f9G9(f4d>Gd>a>G68O9G(b8(=e74(4(O4(d>aG86>Oa4(>O(54b(G>`eGb4b(O9aeG95>b(`464(gGea4(d>eO9(>qf54a9`8_OV(`464(gGea4(d>(eO9(9`a8i8d9d(=e69O9V(c(59(G>bfe>ba9(>b(6ecb86f5>(O8ONeO9V(O9d8>V(6e`=9(N>Oa>(O4(`4O4`>(4(O4(b97>(ke>(9Oe956>Oa>(59)4OaG954G]9(=9`>(95N4(6ec(86f4Ga9Oa>(ke>(>b(a469G(eO9(g4a4NG9g]9V(f4Gke>(9b]b>(55969(>5(>baed84(ke>(4Gd>O9(59()4Oba8ae`8_OV(>ba9d4(d>(54b(G>`eGb4b(O9aeG9Q

KWLKWLKWLKWLKWL

5>bV(>O(>b>(646>Oa4V(a4d9b(59b(>Oa8d9d>b(ke>(a8>O>O(ke>(i>G(`4O(54b(9bf>`a4b9678>Oa95>b( a>OdG]9O(ke>(a469G(>b9( 5]O>9(79b>(ke>(9f9G>`>(>O( 59( g4a4(ke>a469(`9d9(9n4(59()4OaG954G]9(>O(69a>G89(9678>Oa95V(f>G4(>5(>baed84(OeO`9(=9b8d4(ea858^9d4(`4O(>b4b(g8O>bJ

"O`4OaG964b(ke>(d>OaG4(d>(54b(̀ 46f4O>Oa>b(d>(59b(f45]a8`9b(9f9G>`>(59(f9Ga>d>(54b(86f9`a4bV(ke>(>b(eO9(d>(59b(`4b9b(6Mb(`46f5>j9b(d>(>i95e9G(f4Gke>O9aeG956>Oa>(eO(86f9`a4(b>(fG4de`>(95(̀ 974(d>(eO(a8>6f4(>ba869d4(f9G9(ke>eO9(9``8_O(fG4de^`9(G>be5a9d4bJ()e9Od4(>ba964b(=9759Od4(d>(>bf>`8956>Oa>>O(>5(`96f4(d>(59(b95ed(c(>bf>`]g8`96>Oa>(d>(fG>i>O`8_O(b>(d8`>(ke>(59(i9`eQO9`8_O(fG>i8>O>(a95>b(c(a95>b(>Og>G6>d9d>b(c(54b(O8n4b(d>7>O(i9`eO9Gb>(d>OaG4d>(a95>b(>d9d>bV(`eMOd4(i964b(9(b97>G(b8(>g>`a8i96>Oa>V(O4(>O(`9b4b(8Od8i8Qde95>b(b8O4(9(O8i>5(d>(f4759`8_OV(59(i9`eO9`8_O(aei4(>g>`a4(`e9Od4(aG9b`eGG>O!W(4(!S((9n4b(c(O9aeG956>Oa>(9(59(f>Gb4O9(O4(b>(5>(fG>b>Oa9(59(>Og>G6>d9dVf>G4(>b(6ec(d8g]`85(>i95e9G(f4O8hOd45>(9(eO9(f>Gb4O9(4(9(eO(O8n4(eO9(i9`eO9c( 9( 54b(!S(d]9b(68G9O( c( d8`>O(O4( 5>( =9(d9d4( b9G96f8_O(4(O4( 5>( =9(d9d4Ge7>459V(>Oa4O`>b(eba>d>b(ke>(>baMO(=4c(>O(59()4OaG954G]9(b4O(54b(55969d4bf9G9(`4N>G(c(=9`>G(>b>(aG979j4(G>aG4bf>`a8i4(c(68G9G(`e95(>b(>5(86f9`a4(`9eb9Qd4(f4G(54b(fG4NG969b(d>(fG>i>O`8_O(>O(69a>G89b(d>(b95ed(8O8`89d4b(4(55>i9d4b9(`974(=9`>(!S(4(KW(9n4bJ($ba>d>b(O4(fe>d>O(>i95e9G(86f9`a4b(d>(fG4NG9Q69b(ke>(9f>O9b(>bahO(>O(>j>`e`8_O(4(b>(=9c9O( a>G68O9d4(>5(9n4(f9b9d4Vf4Gke>(O9aeG956>Oa>(O4(=9(aG9Ob`eGG8d4(>5(a8>6f4(O>`>b9G84(f9G9(f4d>G(55>N9Gc(b97>G(b8(>b4(b8Gi8_(4(O4(b8Gi8_V(d>(9=](59(d8g8`e5a9dJ

1>bd>(>5(feOa4(d>(i8ba9(g8b`95(i964b(9(>O`4OaG9G(4aG4(fG475>69(NG9i]b864V(>bke>(b8(59(f45]a8`9(O4(N>O>G_(86f9`a4b(f4b8a8i4bV(fe>b(G>be5a9(ke>(b8(>baM7964b>bf>G9Od4(ke>(aG9Ob`eGG8>G9O(KW(9n4(c(55>N964b(9(59(`4O`5eb8_O(d>(ke>(O4N>O>G_(O9d9V(>b9(f59a8`9(b>(f>Gd8_V(fe>b(G>be5a9(ke>(>O(>b>(646>Oa4(c9(>baMOfG>b`G8a9b(a4d9b(59b(9``84O>bV(>Oa4O`>b(O4(f4d>64b(=9`>G(O9d9J("b9((>b(eO9d>(59b(d8g8`e5a9d>b(f9G9(55>N9G(c(6>d8G(86f9`a4bJ

"5( `8`54( d>( 59b( f45]a8`9b( `468>O^9( `4O( 59( `4Og4G69`8_O( d>( eO9( 9N>Od9( d>N478>GO4V(>ba4(b>(aG9a9(b86f5>6>Oa>(d>(ke>(>5(N47>GO9Oa>(`4j9(d>(54(ke>(b>d>O468O9(eO9(745b9(b4`895(d>(fG475>69bV(9=](>baMO(a4d4(54b(fG475>69b(d>5NGef4(b4`895V(b9`9(eO4bV(>O(>5(`9b4(Oe>baG4(54b(8O`4Gf4G9(9(eO9(fG4fe>ba9(d>N478>GO4(ke>(i9(9(eO(fG4`>b4(>5>`a4G95(c(59(N>Oa>(d>(9`e>Gd4(̀ 4O(>5(fG4NG969d>(N478>GO4(ke>(fG>b>Oa9(`9d9(eO4(d>(54b(`9Od8d9a4b(a469(eO9(d>`8b8_OV(d8`>m9(6](6>(Neba9(>ba>(fG4NG969V(>ba>(`9Od8d9a4m(c(i4a9(c(>5(b>n4G(b95>(>5>N8d4(c>O(>b>(646>Oa4(a8>O>(ke>(`e6f58G(54(ke>(f59Oa>_V(c(b8(O4(54(`e6f5>(59(68b69`4Oba8ae`8_O(>ba975>`>(59(g8NeG9(d>(59(G>i4`9a4G89(d>5(69Od9a4(ke>(>OaG>(4aG9b`4b9b(>O()4546789(>q8ba>(f>G4(OeO`9(b>(=9(f4d8d4(55>i9G(9(`974V(OeO`9(b>(5>=9(G>i4`9d4(>5(69Od4(9(O9d8>J("Oa4O`>b(>5(=>`=4(d>(ke>(b>(8O`4Gf4G>(>O(599N>Od9(d>(N478>GO4(eO(fG475>69(O4(ke8>G>(d>`8G(ke>(54b(d>6Mb(fG475>69b(O4>q8ba9OV(b8Ne>O(8Ne95>b(f>G4(b8(eO(`9Od8d9a4(9(eO9(95`95d]9(55>N9(c(f59Oa>9V(i4c

KWXKWXKWXKWXKWX

9(f8Oa9G(d>(969G8554(59(a4GG>(d>(59(8N5>b89(fG8O`8f95(c(>b>(>b(be(fG4NG969(d>N478>GO4(c(>b>(b>n4G(N9O9V(c(O4(59(f8Oa9(d>(969G8554V(=9c(ke>(G>i4`9G5>(>569Od9a4(f4Gke>(>b4(ge>(54(ke>(fG46>a8_V(9b](b>9(97beGd4V(eba>d>b(G>`e>Gd9O54(ke>(f9b4(>O(59b(f9b9d9b(>5>``84O>b(`4O(eO(`9Od8d9a4(9(59(95`95d]9(d>(eO6eO8`8f84(d>(+e`G>V(eO(b>n4G(55969d4(,e`=4('bb9V(4(`464(,e`=4V(ke>(b9`4eO9b(i9559b(ke>(d>`]9O(m()4O(5e`=4(O4(=97GM(b>GGe`=4(c(b8(55>N9(9(=97>GV(O4b>GM(6e`=4mV(eba>d>b(i8>G4O(>b4V(9g4GaeO9d96>Oa>(>5(b>n4G(O4(N9O4(4(b8(O4869N]O>b>(>5(fG475>69(ke>(a>OdG]9O(eba>d>b(f9G9(55>N9G(c(>i95e9G(>b>(fG4NG9Q69(d>(N478>GO4(c(>O(>b>(646>Oa4(a>O>G(59(O>`>b8d9d(d>(55>N9G(c(d>`8GV(48N9b>n4G(95`95d>(o=9ba9(keh(f4G`>Oa9j>(O4(>b(6e`=4p(F(d>(>b9(69O>G9(55>N9G(cd>a>G68O9G(b8(>b>(b>n4G(>ba979(4(O4(̀ e6f58>Od4(̀ 4O(be(fG4NG969(d>(N478>GO455>i9d4(O9aeG956>Oa>(eO(f59O(d>(d>b9GG4554J

$O9(i>^(d>g8O8d4b(`eM5>b(b4O(54b(9beOa4bV(54b(a>69b(c(54b(fG475>69b(55>i9d4bf4G(>5(N47>GO9Oa>(>(8O`5e8d4b(>O(59(9N>Od9(Ne7>GO96>Oa95V(b>(g4G6e59(c((9d4fQa9J()e9Od4(=975964b(d>(86f5>6>Oa9`8_O(O4(>b(b454(f4O>G59(>O(69G`=9(b8O4>j>`ea9G59(a4a956>Oa>(c(>b4(O4b(55>i9(9(54b(d4b(a8f4b(d>(>i95e9`8_OU(>q(9Oa>(ceO9(f4baV(>b>(a>69(54(aG9a9(a9678hO(59(G>b45e`8_O(YYZWJ

)_64(=9`>64b(f4Gke>(>5(f59Oa>968>Oa4(ke>(b>(=9`>(O4(>b(ke>(59(geO`8_Og8b`958^9d4G9(a8>O>(ke>(b>G(f4baV(>b4(54(=>64b(aG9a9d4(>O(4aG9b(̀ Ma>dG9bV(̀ 4O4Q`>O(59(b>Oa>O`89(YKL(d>(59()4Ga>()4Oba8ae`84O95V(59(̀ e95(>ba975>`>(ke>(>5(̀ 4OaG45g8b`95(>b(8Oa>NG95V(d>bd>(>5(646>Oa4(>O(>5(̀ e95(b>(8O8`89(a4d9(59(>a9f9(fG>i89(d>55>N9G(c(9GG9O`9G(`4O(>5(d8b>n4(c(59(g4G6e59`8_O(d>(eO9(b45e`8_O(=9ba9(`e9Od4b>(aG9de`>(>b4(>O(eO4b(f58>N4b(d>(̀ 4O`eGb4V(d8`>(59()4Ga>()4Oba8ae`84O95(O4(>bke>(O4(a>ON9(`4OaG45(c(d8`>(ke8hO(a8>O>(ke>(=9`>G(>b4(c(b>(d>g8O>(d>(eO969O>G9(`59G9(a95(`464(54(d8`>(59(5>c(ZW((`4GG>bf4Od>(9(59b(4g8`8O9b(d>(`4OaG458Oa>GO4V(d>(a95(69O>G9(ke>(̀ e9Od4(i>ON9(>5(̀ 4OaG45(f4G(f9Ga>(d>(59()4OaG954G]9a>ON9O(`464(b4f4Ga>(eO4b(8Og4G6>b(d>(59b(4g8`8O9b(d>(`4OaG45(8Oa>GO4(ke>(5>bb8Gi9O(9(54b(geO`84O9G84b(d>(59()4OaG954G]9(c(9GG9O`9G(9(i>G(keh(be`>d8_V(>O(59fGM`a8`9(>b4(a96f4`4(be`>d>V(eba>d>b(b97>O(6ec(78>O(f4Gke>(a4d4(>ba4(ke>5>b( `46>Oa4( b4O( =>`=4b( O4a4G84bV( b4O( O4a8`89b( ke>( =9O( 9f9G>`8d4( >O( 54bf>G8_d8`4bJ

0(G9]^(d>(59(fG46e5N9`8_O(d>(59(5>c(ZRKV(ke>(>ba975>`8_(>O()4546789(>5(b8ba>Q69(d>(N>ba8_O(d>(`958d9d(f9G9(59b(>Oa8d9d>b(fH758`9b(G>N596>Oa9d4(6>d89Oa>eO(d>`G>a4(>O(>5(`e95(b>(>ba975>`8_(59(O4G69(*@-&!WWW(f9G9(59b(9`a8i8d9d>bd>(keh(aG9a9(59(5>c(ZRKV(>(8Ne956>Oa>(9(aG9ihb(d>5(d>`G>a4(!XTS(b>(>ba975>`8_(>564d>54(>baMOd9G(d>(`4OaG45(8Oa>GO4(?"+%(f9G9(a4d9b(59b(>Oa8d9d>b(d>5(N478>GQO4V(eba>d>b(b97>O(ke>(eO9(d>(59b(>Oa8d9d>b(ke>(6Mb(b>(d>ba9`_(>O(`e6f58G(59O4G69(ge>(59(05`95d]9(d>(;4N4aMV(eba>d>b(b>(>O`e>OaG9O(64Oa9G4O(eO4b(`4OQ`eGb4b(>OaG>(59b(ZZR(>Oa8d9d>b(d>5(d8baG8a4(>5(`4O`eGb4(a>G68O4(>5(9n4(f9b9d4>O(d8`8>67G>V(̀ 464(̀ 4b9(̀ eG84b9V(a9678hO(a>G68O979(>5(N478>GO4(d>5(1GJ(+96e>5?4G>O4V(59(>Oa8d9d(ke>(N9O4(>5(̀ 4O`eGb4(d>5(6>j4G(?"+%(ge>(>5(%1$(c(G>`878>Q

KWSKWSKWSKWSKWS

G4O(>5(fG>684V(c(59(>Oa8d9d(ke>(N9O4(>5(fG>684(95(6>j4G(b8ba>69(d>(N>ba8_O(d>`958d9d(ge>(>5(D4bf8a95(d>(?>8bb>OV(>b4(>b(i>Gd9d>G96>Oa>(8Ob_58a4(c(>b(̀ 8>Ga4V9=](b>(d>7]9O(f59Oa>9G(54(ke>(b>(>baM(d8`=4(>O(>5(`9b4(d>5(`8`58ba9(0G6baG4ONUke>(54b(d>5(%1$(c(54b(d>5(D4bf8a95(d>(?>8bb>O(d>ie>5i9O(54b(fG>684bV(95(6>O4bf4G(eO(9bf>`a4(d>(feG9(c(g]b8`9(fG>b>Oa9`8_OV(>b4(O4b(8Od8`9(>bf>`8956>Oa>(>O>5(`9b4(d>(59(O4G69(d>(`958d9dV(5>(5>c(ZRK(d8`>(ke>(59(`>Ga8g8`9`8_O(O4(fe>d>`4Oba8ae8G(eO(7e>O(g8O(b8O4(ke>(>b(eO(69O>G9(d>(=9`>G5>(b>Ne868>Oa4(c(>i95e9Q`8_O(95(b8ba>69(d>(N>ba8_O((d>(`958d9dJ

,9(i>Gd9d(>b(ke>( a4d9b( 59b( >Oa8d9d>b( a8>O>O(`464(be(NG9O(9bf8G9`8_O( b>G`>Ga8g8`9d9b(̀ 4O(>5(%`4Oa>`V(4(̀ 4O(;eG>9(<>G8a9b(4(̀ 4O()4a>`O9(4(̀ 4O(̀ e95ke8>QG9(̀ >Ga8g8`9d4G9J(F(eba>d>b(a9678hO(b97>O(f4Gke>(̀ G>4(ke>(>b>(̀ 9b4(54(9be68_59()4OaG954G]9(@>O>G95(d>(59(.>fe758`9(d>(`4O4`868>Oa4V(>O(>5(`9b4(d>(0Ne9bd>(?9O8^95>b( b>( i84(eO9( `4b9( i>Gd9d>G96>Oa>( >qaG9n9U( b>(=8^4(>5( 9`a4(d>>OaG>N9(d>(59(̀ >Ga8g8`9`8_O(f4G(f9Ga>(d>5(%`4Oa>`(̀ 4O(fG>b>O`89(d>5(@47>GO9d4Gc( d>( 95a9b( f>Gb4O958d9d>b( d>( ;4N4aM( c( 95( d]9( b8Ne8>Oa>( eO( 8Og4G6>( d>( 59bef>G8Oa>Od>O`89(d>(b>Gi8`84b(d468`8589G84b(c(d>5(?8O8ba>G84(d>(b95edV(>O`4OaG_ke>( >5( 9Ne9( O4( >G9( f4a975>( c( >ba979( G>`8hO( `>Ga8g8`9d9V( eO( d]9( 55>i979( d>`>Ga8g8`9d9(>O(̀ 958d9dV(>5(HO8`4(fG475>69(>G9(ke>(54(ke>(i>Od]9V(>5(9Ne9V(O4(>G9f4a975>V(d>(G>ba4(>G9(f>Gg>`a9(59(9d68O8baG9`8_OV(54b(ke>(b4O(d>()95d9b(`4O4Q`>O(78>O(>ba>(`9b4J($O4(d8`>U(>ba4(>b(i>Gd9d>G96>Oa>(97beGd4V(O4(>b(ke>d>7964b(64Oa9G(eO(f45]a8`9(fH758`9((f9G9(d>b64Oa9G(59b(`>Ga8g8`9`84O>b(f>G459(i>Gd9d(c(9=](b8(O4b(a4`9(=9759G(>O(eO(f9]b(a4a956>Oa>(g8NeG9d4(95N4(ke>(O4be`>d>(>O(()4546789V(c4(`4O4^`4(eO(f9]b(d4Od>( a4d4b(>baMO(`>Ga8g8`9d4bVO8ONeO4(̀ e6f5>V(f>G4(>baMO(̀ >Ga8g8`9d4bV(9(59(=4G9(d>(i>Gd9d(54(86f4Ga9Oa>(>ba>O>G(>5(̀ 9Ga_O(c(>b4(ke>(d8`>(59(14`a4G9V(9=](be`>d>(eO9(̀ 4b9(̀ e9Od4(eO4(d8`>ke>(a4d9b(59b(>Oa8d9d>b(b4O(8Ne95>bV(eba>d>b(d>7>O(G>`4Gd9G(eO(`e>Oa4(d>(eO974N9d4(ke>(O4(>G9(NG9de9d4V(O4(a>O]9(a]ae54V(>Oa4O`>b(>G9(̀ 4O4`8d4(̀ 464(>5a8Oa>G8554(d>5(fe>754V(c(9d>6Mb(d>(b>G(a8Oa>G8554(>G9(6ec(6954(c(eO(d]9(b958_(>5=467G>(9(59(f59^9(9(>`=9G(i459d4G>b(c(>O(>5(`4564(d>(59(g>58`8d9d(5>(fG>NeOa9QG4OU(mo48N9(eba>d(f4Gke>(>ba9(a9O(̀ 4Oa>Oa4pmV(c(d8j4(m>b(ke>(9=4G9(b8(ke>d964ba4d4b(8Ne95>bV(f4Gke>(b958_(>5()_d8N4(&>O95(c(O9d8>(b97>(b47G>(>b4mV(d>(>b969O>G9(b>(=97]9( 54NG9d4( 59( 8Ne95d9dV(c9(O9d8>( 5>(f4dG]9(d>`8G(ke>(>G9(695974N9d4(c(ke>(O4(b97]9J

0ke](>O`4OaG964b(4aG9b(d>g8O8`84O>bV(9`>G`9(d>(keh(>b(9i95e9G(eO9(f45]a8`9fH758`9V(`464(5>b(d>`]9(95(`468>O^4V(>O(H5a869b(>i95e9G(>b(d9G5>(i954G(c(47a>QO>G(eO9( 8Og4G69`8_O(ke>(O4b(b8Gi9(f9G9(95N4V(7Mb8`96>Oa>(f9G9(`4Oa8Oe9GVf9G9(>Od>G>^9G(4(f9G9(bebf>Od>G(59(>j>`e`8_O(d>(eO9(f45]a8`9V(eO(fG4NG969(4eO(fG4c>`a4J(("b>(d>7>(b>G(>5(g8O(d>(eO9(>i95e9`8_OJ

->O8>Od4(>O(̀ e>Oa9(ke>(59(>i95e9`8_O(>O(54(f4b875>V(i964b(9(i>G(ke>(>b4(O4(>beO9(i>Gd9d(97b45ea9V(d>7>(b>G(a4a95(c(97b45ea96>Oa>(47j>a8i9V(64baG9G>64b(ke>>b4(d>(ke>(59(>i95e9`8_O(b>9(eO9(N>O>G9d4G9(d>(`4O4`868>Oa4(c(d>(8Og4G69Q

KWYKWYKWYKWYKWY

`8_O(O4b(a8>O>(ke>(55>i9G(9(95N4(ke>(>O()4546789(a4d9i]9(O4(b>(>baM(ea858^9Od4>O(d>78d9(g4G69(c(ke>(59()4OaG954G]9(i9(9(>6f>^9G(9(ea858^9G(ke>(>b(59(ah`O8`964d>GO9(d>(68O>G]9(d>(d9a4bJ(+97>O(54b(ke>(=9O(5>]d4(54b(9Oa>`>d>Oa>b(d>(54b9a>Oa9d4b(`4OaG9(59b(a4GG>b(d>(*e>i9(F4GtV(d>5(!!(d>(b>fa8>67G>V(955M(b>(fG>Qb>Oa_(eO(9beOa4(ke>(b4GfG>Od8_(95(6eOd4V(59b(a4GG>b(59b(ae679G4O(>5(!!(c(>5(!K`9faeG9G4O(9(54b(fG86>G4b(8Oi45e`G9d4b(c(>g>`a8i96>Oa>(>554b(54b(=97]9O(=>`=4Vfe>b(G>be5a9(ke>(=97]9(eO(aG979j4(d>(68O>G]9(d>(d9a4b(9d>59Oa9d4(f4G(>5(A;%>O(>5(̀ e95(64baG979(59(55>N9d9(d>(eO(NGef4(d>(f>Gb4O9b(d>(4G8N>O(MG97>(ke>(b>=97]9O(G>b8d>O`89d4(>O(?8968(c(b>(=97]9O(8Ob`G8a4(>O(eO9b(>b`e>59b(d>(9i89Q`8_O(c(d>(>b9(69O>G9V(>O(6>O4b(d>(KX(=4G9b( 54b(`9faeG9G4O(9(a4d4b(c( 54i>Gd9d>G96>Oa>(8Ob_58a4(c(ke>(54(aei8>G4O(ke>(G>bf4Od>GV(>b(ke>(54b(b>n4G>b(d>59()%0V(ke>(b8>6fG>(9Od9O(>O(`4OaG9feOa>4(`4O(>5(A;%V(d>b>ba869G4O(>b>>baed84(c(O4(d>j9G4O(ke>(54(`4O4`8>G9(>5(fG>b8d>Oa>(d>(54b("J$J(`e9Od4(b>d8>G4O(̀ e>Oa9(d>(>b>(>GG4GJ

18`=9(d>b>ba869`8_OV(̀ 464(i>G>64b(6Mb(9d>59Oa>V(>b(6ec(gG>`e>Oa>V(>O(̀ e9Oa49(54b(>baed84b(9678>Oa95>b(f9b9(ke>(>baM(>5(>baed84(>5(`9b4(d>5(>ba9d4(d>(54bG>`eGb4b(O9aeG95>bV(d8`>(59()4OaG954G]9(>O(a95(f9Ga>(>baM(a4d4(i>Gd>`8a4V(O4(b>=9O(a4`9d4(c(95(9n4(b8Ne8>Oa>(i9O(c(68G9O(c(c9(O4(=9c(O9d9(i>Gd>V(b>(9`97_(cf>N9O(>5(NG8a4V(>baMO(9`979Od4(̀ 4O(a95(̀ 4b9J("O(>b>(646>Oa4(d8`>(eO4U((o`eM5>b(59(G>bfe>ba9((d>5("ba9d4p(c(O4(=9c(O8ONeO9V(d>(a95(69O>G9(ke>(a96f4`4(O4bf4d>64b(b>Oa8G(6ec(aG8ba>b(4(̀ _6f58`>b(d>5(d>a>G84G4(9678>Oa95(f4Gke>(ebe95Q6>Oa>(b>(d>bfG>`89O(54b(aG979j4b(=>`=4b(f4G(geO`84O9G84b(fH758`4b(>O(69a>G89d>(>i95e9`8_O(c(>b(eO(8O6>Ob4(>GG4G(f4Gke>(d4Od>(>baM(>5(̀ 4O4`868>Oa4(>b(>O59b( >Oa8d9d>b( >bf>`8958^9d9bV( >b( 6ec( d8g]`85( >O`4OaG9G( >O( `e95ke8>G9( d>( 59b69a>G89b(eO9(>Oa8d9d(4(eO(`>OaG4(d>(8Oi>ba8N9`8_O(ke>(b>f9(6Mb(d>(`4OaG45g8b`95(ke>(eO9(`4OaG954G]9V(9=](>baM(a4d9(59(8Og4G69`8_O(4(95Ne8>O(ke>(a>ON96Mb(8Og4G69`8_O(>O(69a>G89(d>(b95ed(ke>(>5(?8O8ba>G84(d>(+95ed(c(59b(b>`G>a9QG89b(c(59b(>baGe`aeG9b(6eO8`8f95>bV(4aG9(`4b9(6ec(d8ba8Oa9(>b(>5(eb4(4(>5(jeN4ke>(b>(fe>d9(b9`9G(9(>b9(8Og4G69`8_OJ

D9c(64Oa9n9b(d>(8Og4G69`8_O(ke>(fGM`a8`96>Oa>(O4(b>(eb9O(f9G9(O9d9(c(ke>9=4G9(7Mb8`96>Oa>V(`464(54(d>`]9(0G78O(-4gg>5V(>O(54b(9n4b(RWV(m>5(b8N54(BB%i9(9(b>G(>5(b8N54(d>(59(8Og4G69`8_OmV(>ba964b(8O6>Gb4b(>O(>b4J("5(b>n4G(-4gg>5(O4b>(>ke8i4`_(c(>b(O>`>b9G84(ke>(a4d4b(O4b(8O`4Gf4G>64b(d>OaG4(d>(59b(Oe>i9b>baGe`aeG9b(c(d>OaG4(d>(54(ke>(b>(55969O(59b(-8`bV(a4d9b(>b9b(a>`O454N]9b(d>8Og4G69`8_O(c(`46eO8`9`84O>b(f4O>G59b(95(b>Gi8`84(d>5(aG979j4(ke>(d>7>O(G>9Q58^9G(ke8>O>b(>bahO(i8O`e59d4b(9(59b(9`a8i8d9d>b(fH758`9bJ

.>79a964b(>ba4b(`4O`>fa4b(9`>G`9(keh(>b(>i95e9`8_OV(>O(>5(b>Oa8d4(d>(ke>6>d89Oa>( 59(>i95e9`8_O(b>(9f4c9O( 54b(fG4`>b4b(d>(d>`8b8_OV( V(b>(6>j4G9(>5geO`84O968>Oa4(d>(59b(`4b9b(c(g8O956>Oa>(b>(47b>Gi9(59(f9Ga>(6Mb(`46f58`9d9ke>(b4O(54b(G>be5a9d4b(c(54b(86f9`a4bV(a>O>64b(ke>(i>G(59(>i95e9`8_O(̀ 464(eOfG4`>b4(c(i>G>64b(ke>(>O(>ba>(646>Oa4(>O(>5(6eOd4((a4d4b(54b(aG979j4b(ke>

KWRKWRKWRKWRKWR

b>(=9`>O(b4O(b8ba>69b(d>(8Og4G69`8_OV(̀ e9Od4(b>(97G>(eO(>qf>d8>Oa>V(̀ e9Od4eO9(f>Gb4O9(b458`8a9(95(N478>GO4(95N4(c(6>a>(eO9(=4j8a9(c(59(G9d8`9(9=](55>N9(c9GG9O`964b(9(N>O>G9G(eO(b8ba>69(d>(8Og4G69`8_OV(O4(=9c(97b45ea96>Oa>(O8OQNeO9(d8g>G>O`89(>OaG>(54(ke>(5596964b(59(`9Gf>a9(4(>5(>qf>d8>Oa>(ke>(=9`>95NeO4b(9n4b(55>N979(`4O(eO(N9O`=4(6>aM58`4(ke>(`e9Od4(`G>`]9(6e`=4(b>ea858^979(eO9(`97ec9V(eO9(f8a9(f9G9(969GG9GV(a4d9i]9(=9c(>qf>d8>Oa>b(969QGG9d4b(c(=9Ga4bV(c4(5>b(`e>Oa4(>ba4U(>O(59()0.(d>()eOd8O969G`9V(d>(9`e>Gd4`4O(59(H5a869(68G9d9V(a8>O>O(KK(685(>qf>d8>Oa>b(f>Od8>Oa>b(d>(d>`8b8_OV(b>d8`>(ke>(54b(9beOa4b(9678>Oa95>b(b4O(fGM`a8`96>Oa>(d>(d>`8b8_O(8O6>d89a9V=9c(KK685V(d>(54b(`e95>b(eO4(>b(>5(G>c(c(O4(54(=9O(G>be>5a4V(`G>4(ke>(f9G9(ke>O4(f8>Gd9(>b>(>qf>d8>Oa>(be(a]ae54(d>(G>cV(ke>(>b(eO(>qf>d8>Oa>(d>5(9n4(!TYZV9n4(d>( `G>9`8_O( d>( 59()0.V( d>bd>( ke>( b>( geOd_V( 95Ne8>O( ge>( c(feb4( eO9ke>j9(ke>(O4(b>(=9(G>be>5a4V((=9O(f9b9d4(XX(9n4b(c(54(HO8`4(ke>(b>(`4Ob>Gi9>O( 54b(G>N8baG4b(>b(ke>(=9O(`96789d4(!R(i>`>b( 59(f8a9V(>b9(b8(b>(69Oa8>O>9`ae958^9d9J

("Oa4O`>b(>5(47j>a8i4(d>5(fG4`>b4(d>(>i95e9`8_O(>b(47a>O>G(8Og4G69`8_O(b47G>54b(̀ 8a9d4b(86f9`a4b(d>(59(86f5>6>Oa9`8_O(d>(eO9(f45]a8`9(fH758`9(c(N>O>G9G(>5`4O4`868>Oa4(ke>(b8Gi9(f9G9(a469G(d>`8b84O>b(9`>G`9(d>(b8(̀ 4Oa8OH9V(f9G9(4(b>64d8g8`9(c(`eM5(>b(>5(86f9`a4(d>(59(68b69J("5(95`9O`>(d>(59(>i95e9`8_O(a8>O>ke>(b>G(a4a95V(9ke](=9c(eO(9beOa4(ke>(>b(geOd96>Oa95U(O4(f4d>64b(55>N9G(cd>`8G(m>i95e>64b(=9ba9(9ke]m(f4Gke>(d>(>b9(g4G69(55>N9G>64b(9(`4O`5eb84O>bke>(O4b(fe>d>O(8Ode`8G(>GG4GV(8O`5eb4(f9G9(d>`8G(m48N9(f>Gg>`a4(=9ba9(>5(d8b>n4Vc(>b4(b8Gi8_V(>b4(O4(54(i864bV(4(O4(b97>b(b8(geO`84O_(4(O4(geO`84O_mJ

$O9(d>(59b(̀ 9G9`a>G]ba8`9b(d>(59(>i95e9`8_O(>b(ke>(a8>O>(ke>(b>G(8Oa>NG95V(d>bd>>5(646>Oa4(>O(>5(`eM5(b>(8O8`89(eO(>baed84(fG>i84(ke>(9(be(i>^(b>(79b9(>O(eO98d>9(9`>G`9(d>(b45e`84O9G(eO(fG475>69(c(d>bfehb(>b9(8d>9(b8Ne>(>O(eO(fG4`>Qb4(d>(7eb`9G(`e95>b(b4O(59b(95a>GO9a8i9b(d>(b45e`8_O(c(a469G(eO9(d>`8b8_O(cd>`8G(̀ eM5(>b(59(ke>(6Mb(̀ 4Oi8>O>V(b>(fe>d>(̀ 46>a>G(>5(fG86>G(>GG4G(f4Gke>(b>O>`>b8a9(958O>9`8_O(c(ke>(b>(dh(>5(g964b4(fG8O`8f84(d>(`4Oi>O8>O`89J(,9(958QO>9`8_O(>b(ke>(54b(>5>6>Oa4b(9Oa>G84G>b(>bahO(a4a956>Oa>(>O(>5(68b64(>j>(b8QNe8>Od4(eO9(5]O>9(d>(N478>GO4V(d>(d>b9GG4554(ke>(`4Oi>ON9J

)e9Od4V(eO4(b>(fG>NeOa9U(o`_64(b>(68d>(>b4(d>(`4Oi>O8>O`89(c(>b4(d>(59958O>9`8_O(`4O(fG4NG969bpV(`G>4(ke>(>5(>j>6f54(6Mb(b>O`8554(>b(`e9Od4(eOf9dG>(4(eO9(69dG>(5>(d8`>(9(be(=8j4(4(=8j9(m>b>(6e`=9`=4(O4(a>(`4Oi8>O>mV(54`e95(b8NO8g8`9(ke>(O4(>baM(958O>9d4(>O(>5(f59O(d>(d>b9GG4554(ke>( a8>O>O( 54bf9dG>bV(ke8>O>b(a8>O>O(>O(59(̀ 97>^9(eO(geaeG4(f9G9(>554b(c(d8`>O(mc4(ke8>G4(ke>68(=8j9(>baed8>(6>d8`8O9(c(i9c9(9(59(eO8i>Gb8d9dmV(`e9Od4(>baM(>O(59(5]O>9(c(596e`=9`=8a9(i9(f4G(9=](9(68a9d(d>5( `968O4(9f9G>`>(eO(6>`=ed4(ke>( a4`9Ne8a9GG9V(>O(>b>(646>Oa4V(`4O(a4d4(>5(G>bf>a4V(O4(>O`9j9(d>OaG4(d>5(f59O(d>d>b9GG4554( 354(ke>(O4G6956>Oa>(be`>d>(>O( 59( g968589( a9678hO(be`>d>(>O(>5N478>GO4:V(f4G(>b4(&>a>G(-G4t>5(f59Oa>979(59(9d68O8baG9`8_O(f4G(47j>a8i4bV(>b4

KWZKWZKWZKWZKWZ

d>5(69O>j4(d>(eO9(>6fG>b9(>b(8Ne95(95(69O>j4(d>5(=4N9G(c(d>b9GG4559(a4d9(bea>4G]9(ke>(be`>d>(>O(>ba>(`9b4(ke>(>ba964b(`46>Oa9Od4V(ke>(59(O8n9(d8`>696M(O4(6>(645>ba>b(c4(54(i4c(9(̀ 96789GV(f>G4(5e>N4(d>(a4d9b(59b(>i95e9`84QO>b( ke>( b>( =9O( =>`=4( O4( =9( =978d4( O8ONHO( `96784V( O9d8>( =9( `96789d4d>bfehb(d>5(69aG864O84V(f4G(>b4(b>(f59Oa>9(95N4V(c(O4(>b(b>bN9d4(>ba>(̀ 46>OQa9G84(ke>(i4c(9(=9`>GV(`G>4(ke>(=9c(eO9(fG4f9N9Od9(G9d895(ke>(d8`>(ma4d9b(59b6ej>G>b(b4O(d8g>G>Oa>bm(>b(eO(55969d4(95(G>bf>a4(f4G(59(d8g>G>O`89V(a4d9b(59b6ej>G>b(b4O(d8g>G>Oa>b(f>G4(a4d9b(59b(>bf4b9b(b4O(8Ne95>bV(9=](=9c(eO9(9f9G>OQa>(`4OaG9d8``8_OV(`464(5>b(d8N4V(O4(b>(a46>(`464(d8b`G868O9`8_OJ

&4G(>j>6f54(9=4G9(=9c(eO(d>79a>(a>GG875>(>O(;4N4aM(`4O(>5(`4O`>j95(ke>(f8d8_95(`9O95(`9f8a95(eO9(58ba9(d>(geO`84O9G84b(ke>(a>ON9O(eO9(`9G9`a>G]ba8`9(d>a>GQ68O9d9V(=9(9G69d4(eO(>b`MOd954(a>GG875>V(c9(59(&G4`eG9deG]9(8O8`8_(8Oi>ba8N9Q`8_O(c(54(6Mb(b>NeG4(>b(ke>(95(b>n4G(5>(=9O(d>(f4O>G(eO9(b9O`8_O(c(54(bebf>OQd>O(̀ 464(̀ 4O`>j4V(̀ e9Od4(>OaG>i8ba9O(9(>ba>(b>n4G(c(5>(fG>NeOa9O(o`_64(ge>9(55>i9G(>b9(fG4f4b8`8_O(95(̀ 4O`>j95pV(>5(>OaG>i8ba9d4G(d8`>V(>b4(>b(=464g_78`4c(h5(G>bf4Od>V(c4(O4(b4c(=464g_78`4(c(59(fGe>79(d>(ke>(O4(b4c(=464g_78`4(O8d8b`G868O4V(>b(ke>(>O(59(eO8i>Gb8d9d(c4(a>O]9(aG>b(968N4b(69G8`9bV(>Oa4O`>b(>5f>G84d8ba9(G>f58`9V(O4(5>b(d8N9(9b](d]N95>b(57Na(4(d]N95>b(95N4V(f>G4(O4(54b(aG9a>d>(>b9(69O>G9V(O4(54b(8Obe5a>V(c(>5(`4O`>j95(G>`4N>(beb(f9597G9b(c(d8`>V(c4(6>`4OgeOd](f4Gke>(c4(O4(bh(>b4(d>(,(@(;V(c4(O4(bh(keh(>b(>b4J(,4(6Mb(8Oa>G>Qb9Oa>(>b(ke>(h5(fG>b>Oa4(eO9(64`8_O(c(59(64`8_O(ge>(9fG479d9(f4G(54b(XK`4O`>j95>b(d>(;4N4aM(f8d8hOd45>(95(`9O95(`9f8a95(eO9(58ba9(d>(54b(geO`84O9G84b`4O(8Od8`9`8_O(d>5(`9GN4(c(d>5(be>5d4(ke>(f>Ga>O>^`9O(9(59(`46eO8d9d(,;@-%(<>964b(̀ eM5>b(b4O(54b(̀ G8a>G84b(f9G9(55>i9G(9(̀ 974(eO9(>i95e9`8_OJ($ba>d>b(O4b>(>O`e>OaG9O(9=](c(6Mb(9d>59Oa>(i964b(9(i>G(`_64(>baMO(f59Oa>9d4b(>O(59G>b45e`8_O(d>(59(̀ 4OaG954G]9J(D9c(ke>(b>f9G9G(59b(8d>9b(d>(>g8`9`89(c(d>(>g8`8>OQ`89V(f4G(>j>6f54(d>bd>(>5(feOa4(d>(i8ba9(>`4O_68`4(fe>b(59(>g8`9`89(a8>O>(ke>i>G(`4O(>5(G>be5a9d4(c(59(>g8`8>O`89(`4O(>5(_fa864(eb4(d>(54b(G>`eGb4bJ

"O(ahG68O4b(jeG]d8`4b(O4b(>O`4OaG964b(4aG4(9bf>`a4V(59(>g8`9`89(>b(d>a>G68O9Gb8(>q8ba>(eO9(O4G69(ke>(a>ON9(`9f9`8d9d(4(ke>(b>9(beg8`8>Oa>(f9G9(b45e`84O9G54b(fG475>69b(c( 59(>g8`8>O`89(>b(f9G9(d>a>G68O9G(b8( 59(O4G69(>g>`a8i96>Oa>a8>O>(9f58`9`8_O(4(O4V(>O()4546789V(&>GH(c()=85>(a4d4b(d8`>O(54(68b64U(=9c5>c>b(f9G9(a4d4V(>Oa4O`>b(>5(fG475>69(O4(>b(d>(O4G69a8i8d9d(O8(d>(>g8`9`89b8O4(d>(>g8`8>O`89U( 59b(O4G69b(O4( b>( 9f58`9OV( 95NeO9b(f4Gke>(>b( 86f4b875>9f58`9G59b(f4G(>j>6f54(̀ e9Od4(b>(>ba975>`8_(>O(eO9(hf4`9(>5(̀ 4OaG45(d>(fG>`84b>O()4546789V(ke>( a4d4b( 54b(9Ga]`e54b(9586>Oa8`84b(d>7]9O( 55>i9G( 86fG>b4(>5fG>`84V(beGN8_(eO(d>79a>(a>GG875>V(c4(>G9(>O(>b9(hf4`9(+ef>G8Oa>Od>Oa>(O9`84QO95(d>(fG>`84(c(G>`87](eO(b458`8aed(d>( 54b(b>n4G>b(d>(05f8O9V( g97G8`9Oa>b(d>f95>a9b(fG>NeOa9Od4(o9(eO9(f95>a9(d_Od>(b>(5>(f4O>(>5(fG>`84pV(c(eO(geO`84O9QG84(d8j4U(>O(>5(f958a4V(c4(5>b(>ba4c(`4Oa9Od4(68(>qf>G8>O`89(`464(geO`84O9G84fH758`4(f4Gke>(d9(G8b9(d>(59(b45e`8_O(d>(ke>(d>7]9(8G(>O(>5(f958a4V(c4(59(g8G6>(cb>(ge>(>b4(9b]V(6Mb(a9Gd>(G>`87864b(eO9(`9Ga9(d4Od>(d>`]9(ke>(O4(>G9(f4b875>

KWTKWTKWTKWTKWT

d9G5>( `e6f5868>Oa4(f4Gke>( 59b(f95>a9b(d>(05f8O9(O4( 55>i979O(f958a4(c( ( ge>O>`>b9G84(f4O>G(9(aG979j9G(9(a4d9(59(bef>G8Oa>Od>O`89(c(g8O956>Oa>(b>(>O`4OaG_ke>(O4(aG9]9O(f958a4(b8O4(aG9]9O(eO(ae78a4(d>(f5Mba8`4V(>Oa4O`>b(ke>(>ba979O>q>Oa4b(d>(d9G5>(`e6f5868>Oa4(9(59(4Gd>OJ

"O(>b>(646>Oa4(=97]9(d4b(f4b87858d9d>bV(4(G>i4`9G(59(G>b45e`8_O(4(ke>(59bf95>a9b(ke>d9G9O(f4G(ge>G9(d>5(̀ 4OaG45(d>(fG>`84bV(̀ e9Od4(6>(G>a8Gh(>b4(ke>d49b]V(c(`464(95(6>b(b8Ne8>Oa>(d>(G>a8G9G6>(d>(59(bef>G8Oa>Od>O`89(b>(5>i9Oa_(>5`4OaG45(d>(fG>`84b(>O()4546789(f4Gke>(8Ne95J("5(`9b4(b>(55>i_(9(aG87eO95>bV(b>9GNe6>Oa979(ke>(b>(>ba979(9`979Od4(`4O(59(587G>(`46f>a>O`89(c(ke>(>G9(eO`4ba4(ke>(>5(N478>GO4(O4(G>`4O4`]9V(eO(̀ 4ba4(9d8`84O95(ke>(a>O]9(>b>(fG475>69J)e9Od4(=975964b(d>( 59( `4GG>bf4Ob97858d9d(=9c(eO9( `4b9(6ec( 86f4Ga9Oa>ke>(eba>d>b(a8>O>O(ke>(i>G(`e9Od4(i9c9O(9(>i95e9GV(59(G>bf4Ob97858d9d(O4(>bb4596>Oa>(d>5(N478>GO4(a9678hO(>b(d>(54b(NGef4b(b4`895>b(c(d>(59(f4759`8_O47j>a8i4V(keh(f9b_(>O()4546789(`e9Od4(b>(>ba975>`8_(>5(+8b7>OV(6e`=4b(f45]Qa8`4b(f9G9(86fG>b84O9G(O4(d>j979O(ke>(59(N>Oa>(ge>G9(c(b>(8Ob`G878>G9V(>Oa4O`>bb>(fG>b>Oa979O(fG475>69b(d>(9a>O`8_O(d>(b95ed(a>GG875>bV(ke8hO(>G9(>5(G>bf4OQb975>(b8(>5(ebe9G84(O4(b>(=97]9(8Ob`G8a4J

"O(4aG4b(̀ 9b4b(b>(8Oi8>Ga>(a4a956>Oa>(59(64O>d9V(̀ e9Od4(4`eGG>(eO9(̀ 9aMbaG4g>V>O(eO(g4G69(8O9fG4f89d9(b>(=9759(d>(d>b9baG>b(O9aeG95>bV(54b(d>b9baG>b(O4(b4OO9aeG95>b(54(ke>(b4O(O9aeG95>b(b4O(eO4b(=>`=4b(ke>(b>(fG>b>Oa9O(̀ 464(b4O(54b9Ne9`>G4bV(`464(eO9(G>64`8_O(>O(69b9(c(a8>GG9V(54b(d>b9baG>b(b4O(`9eb9d4bf4G(b>G>b(=e69O4bU(b8(eO(NGef4(=e69O4V(b8(eO9(g968589(f4G(59b(`8G`eOba9O`89bke>(b>9(b>(i9(9(i8i8G(95(74Gd>(d>(eO9(64Oa9n9(ke>(N>45_N8`96>Oa>(b>(fe>d>i>O8G(979j4V(4`eGG>(eO(d>b9baG>(>5(d]9(ke>(d>5(d>GGe67>(c(=97GM(eO4b(6e>Ga4bO4(`9eb9d4b(f4G(59(O9aeG95>^9(b8O4(`9eb9d4b(f4G(>5(=467G>V(f4G(59(G9^_O(ke>b>9V(=e74(eO(9b>Oa968>Oa4(955MJ

,9(̀ 4GG>bf4Ob97858d9d(>b(ke>(a8>O>O(ke>(b>G(G>bf4Ob975>b(a4d4b(54b(9`a4G>bV(>O>5( `9b4( d>( 59b( f45]a8`9b( fH758`9b( >5( a>69( >b( NG9i]b864V( f4Gke>( eO4( d>( 54bfG475>69b(NG9i>b(ke>(b>(fG>b>Oa9(>b(59(gG9N6>Oa9`8_O(d>5("ba9d4V(>Oa4O`>bb95>(eO9(f45]a8`9(ke>(9b8NO9(eO9(b>G8>(geO`84O>b(9(d8i>Gb9b(>Oa8d9d>b(c(O4(b454>6f8>^9(eO9(Ne>GG9(d>OaG4(d>(>559b(b8O4(ke>(d>OaG4(d>(59b(>Oa8d9d>b(a9678hOVmO4V(ke>(>b4(>b(95N4(ke>(d>7>(69O>j9G(59(d8i8b8_O(d>(59(4g8`8O9(d>(f59O>9`8_OV>b4b(d>(f59O>9`8_O(O4(b97>O(O9d9(c(>b4(54(d>7>O(69O>j9G(955MV(>5(MG>9(ah`O8`9V>5(MG>9(d>(a>69b(b>`a4G895>bmV(f4G(>ba>(a8f4(d>(`4b9b(b>(ie>5i>(fGM`a8`96>Oa>8O>j>`ea975>(eO9(f45]a8`9J

'aG4(`9b4(7Mb8`4(geOd96>Oa95(ke>(G>b45i>G( 59(f45]a8`9(>b(>5(fG475>69(d>( 59`4=>G>O`89V(b47G>(>b4(i964b(9(i>G(eO(`9b4(78>O(8Oa>G>b9Oa>(ke>(>O(>ba>(64Q6>Oa4(b>(>baM(64i8>Od4(9(O8i>5(6eOd895U(d>7>(=97>G(>ke8d9d(eO(G>f9Ga4V(eO9d8baG87e`8_O(d>(7>O>g8`84b(f9G9(a4d4(>5(6eOd4V(59(f45]a8`9(d>7>(9Ne9Oa9G(eOd>a>G68O9d4(a8>6f4(c(O4(̀ 464(d8`>O(mb>G(g54G(d>(eO(d]9m(c(g8O956>Oa>(=9c(ke>

K!WK!WK!WK!WK!W

a>O>G(>O(`e>Oa9(keh(4f8O9(59(N>Oa>V(>b4(ke>(f59Oa>979O(9c>G(>O(>5(`9b4(d>(54b8Od]N>O9b(>G9(eO9(`e>ba8_O(78>O(8Oa>G>b9Oa>V(`e9Od4(d>`]9(59(1G9J(?9Gi9(95N4ke>(eba>d>b(5>b(N>O>G_(G8b9V(mb>(ge>(59(f458`]9(>O(=>58`_fa>G4b(9Ga8559d4b(c(5>bd8bf9G_(9(a4d4(>5(NGef4(d>(8Od]N>O9b(c(>554b(O4(a>O]9O(O8ONHO(9G69V(HO8`9Q6>Oa>(eO9b(g5>`=9b(>Oi>O>O9d9bm(c(eO4(b>(fG>NeOa9(keh(f9b4(̀ 4O(>5(69G`9d4Gd>5(f9Ga8d4(f4Gke>(6eG8>G4O(S(8Od]N>O9b(c(KS(f458`]9bV(>5(69G`9d4G(S(KSJ

"O(>b>(646>Oa4(eO(>i95e9d4G(d>bfG>i>O8d4(fe>d>(55>N9G(9(eO9(`4O`5eb8_Oa4a956>Oa>(>GG9d9U(b4O(6Mb(>g>`a8i9b(59b(g5>`=9b(ke>(59b(96>aG9559d4G9bJ(+47G>>ba4(=9c(̀ 9b4b(i>Gd9d>G96>Oa>(8Ob_58a4b(d>(̀ _64(a469Od4(eO4b(d9a4b(̀ 8>Ga4b59b(f>Gb4O9b(55>N9O(9(eO9b(̀ 4O`5eb84O>b(a4a956>Oa>(97beGd9bV(O4(>b(ke>(59(1G9J?9Gi9(O4b(=9c9(aG9]d4(eO9(6>Oa8G9V(>b4(ge>(̀ 8>Ga4V(f>G4(59(̀ 4O`5eb8_O(ke8^M(O4>b(ke>( 59b( g5>`=9b( b>9O(6Mb(>g>`a8i9b(ke>( 59b(96>aG9559d4G9bV( b8O4(ke>( 54b8Od84b(a8>O>O(6>j4G(feOa>G]9(ke>(54b(f458`]9bJ

o)eM5>b(b4O(54b(G8>bN4b(ke>(fG>b>Oa9(>ba>(fG4`>b4(d>(>i95e9`8_OpV(fG86>G49a>O`8_O(9(>b4(f4Gke>(9=4G9( a8>O>O(>O( 59( G>b45e`8_O(ZYYW( 59(`G>9`8_O(d>5b8ba>69(8Og4G69`8_O(>baG9ahN8`9V(eba>d>b(54b(`4O4`>O(c(b47G>(>b4(>baMO(a4d4b54b(`G8a>G84b(c(9aG87ea4b(d>(8Og4G69`8_OV(ke>(a8>O>(ke>(b>G(9d>`e9d9(b8(O4b(i9O9(d9G(eO4b(d9a4b(̀ 8>Ga4b(f>G4(ke>(O4(Ne9Gd9O(G>59`8_O(̀ 4O(>5(9beOa4V(O4(i964b9(f4d>G(>i95e9G(O9d9J("Oa4O`>b(f4G(bebaG9``8_O(d>(69a>G89(b8(59(8Og4G69`8_OO4(`4GG>bf4Od>(`4O(>5(47j>a4(9(8Oi>ba8N9G(4(`4O(95(9beOa4(9(>i95e9G(f4d>64b>ba9G(55>O4b(`4O(eO9b(79b>b(d>(d9a4b(97b45ea96>Oa>(86fG>b84O9Oa>bV(c4(5>b`46>Oa4(>ba4V(eO(`9b4(a4a956>Oa>(`8>Ga4V( 5>b(d4c( 59(G>g>G>O`89(787584NGMg8`9b47G>(54(9d>`e9d4(d>(59(8Og4G69`8_OV(>O("J$V(>O(eO(>baed84(b47G>(54b(fG4g>b84QO95>b(b>(>O`4OaG_(ke>(eO4(d>(54b(NGef4b(d>(fG4g>b84O95>b(ke>(6>O4b(d8O>G4N9O9(b4O(54b(9Gke8a>`a4bV(>Oa4O`>b(>b4(64a8i_(eO(>baed84V(f4Gke>(b>(f8>Ob9ke>(>ba4b(i8i>O(6ec(78>O(c(b4O(6ec(>5>N9Oa>bV(>Oa4O`>b(b>(>O`4OaG_(ke>fGM`a8`96>Oa>(O9d8>(̀ 4ObaGec>(8Od8i8de956>Oa>(eO9(̀ 9b9V(̀ 464(b>(=9`]9(=9`>eO4b(9n4b(>O( 59b( `8ed9d>bV( 9=4G9( b>( `4ObaGec>O(>d8g8`84b( c( 54b( 9Gke8a>`a4ba8>O>O(f4b87858d9d>b( 5974G95>b(>O(eO9( g8G69(`4ObaGe`a4G9(4(>O(>5(N478>GO4VaG979j9Od4(>O(eO9(4g8`8O9(d>(>i95e9`8_O(d>(f45]a8`9b(fH758`9bJ

+86e5aMO>96>Oa>(b>(>ba979(=9`8>Od4(eO(>baed84(b47G>(eO(a>69(ke>(b8>6fG>b47G>( 59(fG4ba8ae`8_OV(ke>(>b(eO9(d>( 59b( `4b9b(6Mb(>baed89d9b(c(>O( g4G69f>G69O>Oa>V(b>(fG>b>Oa9(b86e5aMO>96>Oa>(eO(>baed84(̀ 464(>5(d>(54b(9Gke8a>`Qa4bJ(0GG4j9G4O(>ba4b(G>be5a9d4bU(ke>(eO(9Gke8a>`a4(>O(fG46>d84(N9O979(YW(685d_59G>b(95(9n4V(>ba964b(=9759Od4(d>(eO4b(S(685(d_59G>b(6>Obe95>b(c(>5(4aG4>O`4OaG_( ke>( eO9( b>n4G8a9( N9O979( >O(fG46>d84(KKW(685( d_59G>b( 9Oe95>bV>Oa4O`>b(b>(̀ Ge^9G4O(54b(>baed84b(c(>6f>^_(>5(9OM58b8b(d>(54b(>qf>Ga4bV(a4d4(>56eOd4(4f8O979(9(keh(b>(d>7]9(>b4J

"Oa4O`>b(eO(NGef4(d>(>`4O468ba9b(bHf>G(>qf>Ga4b(>O`4OaG9G4O(59(b45e`8_OVd>`]9(be(i4`>G4U(>b>(>b(eO(fG475>69(d>(d>69Od9(d>OaG4(d>(59(>`4O46]9(c4

K!!K!!K!!K!!K!!

OeO`9(6>(9aG>i4(9(d>`8G(O4V(a>ON4(i9G84b(968N4b(9Gke8a>`a4bV(beb(6ej>G>b(O4b97>O(f>G4(9(>554b(5>b(Neba9(8G(d4Od>(59(6>G>aG8`>b(c(O4(`4O4^`4(9(O8ONeO9gegeGeg9(ke>(=9c9(̀ 4OaG9a9d4(eO(9Gke8a>`a4V(>g>`a8i96>Oa>(>G9(eO(fG475>69(d>d>69Od9V(59b(b>n4G8a9b(a>O]9O(6Mb(d>69Od9(ke>(54b(9Gke8a>`a4b(c(9(>b4(d>Q7]9O(59(d8g>G>O`89(d>(8ONG>b4b(5974G95>bJ

,9( 8Og4G69`8_O(d>7>(b>G(`4Og8975>V( 8Oa>NG95V(>ba9G(d8bf4O875>(c(`e6f58G(`4Oa4d9(59b(O4G69b(5>N95>b(4(G>Ne59a4G89bV(9d>6Mb(86f5>6>Oa9G(>O(59b(>Oa8d9d>beO(b8ba>69(d>(b>NeG8d9d(d>(59(8Og4G69`8_OV(eba>d>b(ke>(69O>j9O(8Og4G69`8_Od>OaG4(d>(be(9`a8i8d9d(O4G695(d>(g8b`958^9`8_O(ea858^9O(d4`e6>Oa4b(ke>(d>7>ON4^9G(d>(eO9(9d>`e9d9(b>NeG8d9dV(>OaG964b(>O(a4d4(54(ke>(b>(55969(`9d>O9d>(`eba4d89V(ke>(>b( geOd96>Oa95(>bf>`8956>Oa>(9=4G9(ke>(>OaG_(>5(`4OaG45g8b`95(>O(>5(`968O4(d>(59(4G958d9d(>O(>5(`e95(54b(fG4`>b4b(b>(`9>O(f4G(>b4(f4GUg4G6958d9d>bV( eba>d>b( b97>O( ke>( 59( )4Ga>( +efG>69( d>( /eba8`89( >O( O8ONHO646>Oa4(d8j4(ke>(>5(`46fea9d4G(d>(.9H5(.>c>b(O4(>q8ba>(4(O4(>q8ba8_V(O4V(54ke>(b>(d8j4(ge>U(>5(fG4`>d868>Oa4(d>(8O`9ea9`8_O(O4(ge>(`eba4d89d4(>O(d>78d9g4G69V(O4(b>(9`>fa9(`464(fGe>79V(59(`9d>O9(d>(`eba4d89(b>(=97]9(G4a4J

$ba>d>b(i9O(c(>O`e>OaG9O(eO4b(=9559^N4bV(5>i9Oa9O(59b(9`a9bV(beGa>O(a4d4(>5fG4`>b4(f>G4(`e9Od4(b>(55>N9(95(je8`84(4G95(c9(=9c(eO9(b8ae9`8_O(>5(je8`4(O4(b>N9O9(`4O(=9559^N4b(b8O4(`4O(fGe>79b(c(>b>(=9559^N4(a8>O>(ke>(G>eO8G(a4d4bG>ke8b8a4bV(f9G9(55>N9G(9(b>G(fGe>79b(d>78d96>Oa>(47a>O8d9b(ke>(b4f4Ga>O(59`4OaG4i>Gb89( f4Gke>( >5( 974N9d4( d>5( 86feNO9d4( >b( f9N4( f9G9( ke>( i9c9( cae67>(>5(fG4`>b4V(O4(fe>d>O(>bf>G9G(9(ke>(>5(974N9d4(d>g>Ob4G(i9c9(9(g>58`8Qa9G(95(9ed8a4G(4(9(ke8>O(55>i_(59(fGe>79V(54(ke>(5>(i9(9(d>`8G(>bU(mi>9(b>n4GV(eba>dfe>d>( ke>( b>9(6ec( 9ed8a4G( f>G4( >b4( >baM(695( =>`=4( c( b>( `9>(f4G( >ba4mV>Oa4O`>b(i8>O>(59(f9Ga>(d>(b>NeG8d9d(d>(59(8Og4G69`8_OJ

D9c(4aG4(9bf>`a4(ke>(>O(>5(̀ 9b4(d>(eba>d>bV(=9N4(59(b95i>d9dV(O4(9f58`9(f4Gke>be`>d>(>O(eO(f9]b(869N8O9G84J(+>(>O`e>OaG9(6e`=9b(i>`>b(ke>(ke8>O(>i95H9O4( a8>O>( 59b( `46f>a>O`89b( 5974G95>b( f9G9( =9`>G( >b9( a9G>9V( `e9Od4( 95Ne8>OfG>NeOa979(`eM5(>b(>5(G>ke8b8a4(f9G9(b>G(9ed8a4GV(b>(d>`]9(ke>(=9c(eO4(geOd9Q6>Oa95U(ke>(b>G(O467G9d4J(+8(9(eO4(O4(54(O467G9O(fe>b(O4(fe>d>(b>G(9ed8a4GV8Ob8ba4V(>ba4(be`>d>(>O(eO(f9]b(>qaG9n4V(>O(>5(f9]b(d>(OeO`9(j96MbJ

$O4(d>(54b(fG475>69b(6Mb(`46f58`9d4b(f9G9(59(9d68O8baG9`8_O(fH758`9(>b(59gG9N6>Oa9`8_O(8Oba8ae`84O95V(fe>b(59(f45]a8`9(5>(9b8NO9(a9G>9b(9(d8i>Gb9b(8Oba8aeQ`84O>b(f>G4(>5("ba9d4(>ba9(gG9`aeG9d4(c(95(8Oa>G84G(68b64(d>(beb(>Oa8d9d>b(=9c5e`=9b(8Oa>GO9bJ(D9c(gG9N6>Oa9`8_O(d>(a8f4(O4G69a8i4(̀ e9Od4(b95>(eO9(O4G69ke>(d8`>(eO9(̀ 4b9(c(5e>N4(4aG9(ke>(59(̀ 4OaG9d8`>V(f9G9(>b4()4546789(a8>O>(eO9b45e`8_O(7e>O]b869U(`9d9(i>^(ke>(=9c(eO(`=4ke>(d>(>b>(a8f4(b>(G>be>5i>(f4G59b(`46f>a>O`89bV(>5()4Ob>j4(+ef>G84G(d>(59(/ed8`9aeG9(d8`>(9(ke8hO(`4GG>bQf4Od>(̀ 9d9(̀ 46f>a>O`89J("O(̀ 9b4(d>(ke>(O4(54(=9N9V(>5()4Ob>j4(d>("ba9d4(b>>O`9GN9GMJ(&9G9( 59(>i95e9`8_O(>b( geOd96>Oa95(>ba>( a>69(c(=9c(ke>(68G9G546ec(78>OJ

K!KK!KK!KK!KK!K

,9(`958d9d(d>(54b(8Od8`9d4G>b(>b(4aG4(9beOa4(86f4Ga9Oa>V(eba>d>b(b97>O(ke>a4d9b( 59b( f45]a8`9b( a8>O>O( be( fG4f89( 79a>G]9( d>( 8Od8`9d4G>bJ( "O( eO9( d>( 59bf4`9b(>qf>G8>O`89b(`4546789O9b(>O(>i95e9`8_O(b>(`4OaG9a_(eO(>baed84(`4O(59$O8i>Gb8d9d(d>(54b(0Od>b(f9G9(>i95e9G(59(f45]a8`9(d>5(05`95d>(,e`=4(@9G^_Om;4N4aM(b8O(=967G>m(c(b>(>O`4OaG_(eO9(b8ae9`8_O(`eG84b9(b47G>(>5(47j>a8i4OH6>G4(K(d>(59(f45]a8`9V(ke>(>G9(G>de`8G(59(d>bOeaG8`8_O(>O(;4N4aM(>O(eO(LWwV`e9Od4(ge>(59(eO8i>Gb8d9d(9(>i95e9G54V(b>(fG>b>Oa_(eO9(d8b`eb8_O(a>GG875>(ke>ke>d_(>O(>5(d4`e6>Oa4(d>(8Og4G6>(g8O95(d>(>i95e9`8_OV(59(6>a9(O4(b>(f4d]9>i95e9G(f4Gke>(O4(=97]9(eO9(5]O>9(79b>V(ke>(>qf58`9G9(9(keh(b>(G>g>G]9(̀ e9Od48Oa>Oa979(G>de`8G(>O(eO(LWw(59(d>bOeaG8`8_OV(b8(>G9(a>O>G(eO(LWw(6>O4b(d>O8n4b(d>bOeaG8d4b(4(7eb`979(eO(>g>`a4(b47G>(eO9(f>Gb4O9J("O(>b>(646>Oa4(b>d>7]9(d>g8O8G(b8(b>(>Oa>Od]9(`464(d>bOeaG8d9(9(eO9(f>Gb4O9(d>(`8>Ga9b(`9G9`Qa>G]ba8`9b(c(d>bfehb(6>d8G(b8(d>bfehb(d>5(fG4NG969(=97]9(6>j4G9d4(eO(LWw(4d>bNG9`89d96>Oa>(b>(=97]9(6e>Ga4J("b9(>b(d>(59b(f4`9b(f45]a8`9b(ke>(b>(=98Oa>Oa9d4(>i95e9G(>O()4546789V(f>G4(be(>i95e9`8_O(O4(9GG4j_(G>be5a9d4bV(̀ 59G4>baM(ke>(>5(`4OaG9a4(`4ba_(R(685(68554O>b(d>(f>b4bJ

(+8>6fG>(d>7>(=97>G(d8bf4O87858d9d(d>(G>`eGb4b(f9G9(=9`>G(59(>i95e9`8_O(f4GQke>(O4G6956>Oa>(O4(b4O(79G9a9b(fe>b(=9c(ke>(`4Ob>Ne8G(8Og4G69`8_OV(a>O>G>ke8f4bV(f9N9G(`468b84O>bl(f9G9(aG979j9G(>O(a>GG>O4(54b(>i95e9d4G>b(a8>O>Oke>(d8bf4O>G(d>(6>d84bV(`464(d>`]9(59(1G9J(?9Gi9(>b(ke>(955M(>O(68(f9]b`e9Od4(5>(d8`>O(9(eO(geO`84O9G84(eba>d(i9(>O(`468b8_O(95(G>bNe9Gd4(8Od]N>O9ke>(a95(f9Ga>(a4d4(>5(6eOd4(5>(b9`9(59(69O4(9(>b4V(9ke](>O()4546789(9g4GaeQO9d96>Oa>(O4V(>5(geO`84O9G84(95(4aG4(d]9(>baM(955MJ

A8O956>Oa>(>O`4OaG964b(>5(9beOa4(d>(59b(G>d>b(d>(f45]a8`9b(fH758`9bV(ke>(b4Oa4d9b(6e5a8b>`a4G895>bV(f4G(>j>6f54(O4(>b(ke>(59(f45]a8`9(d>(b95ed(O4(a>ON9O9d9(ke>(i>G(`4O(59b(f45]a8`9b(d>(a>`O454N]9b(d>(59(8Og4G69`8_OV(95(`4OaG9G84V=9`>O(f9Ga>(d>(eO9(G>d(>O(59(ke>(a4d4(b>(>OaG>`Ge^9(c(ke8>O(>ba>(>i95e9Od4d>7>(̀ 4O4`>G(54(ke>(b>(55969(G>59`8_O(d>(f45]a8`9bV(f>G4(b8>6fG>(f9Ga8>Od4(d>eO9(79b>V(>O(4aG4b(ahG68O4bV(O4G6956>Oa>(eO(g9`a4G(B(N>O>G9(eO(g9`a4G(F(4(eOF(>b( 59( `9eb9( d>(B(4(B( c(F( b4O( 59( `9eb9( d>(2V( >b4( >b( 54( ke>( a8>O>(ke>d>a>G68O9G(`59G96>Oa>(>5(>i95e9d4GV(`e9Od4(b>(i9c9(9(6>d8G(59(>ba9aeG9(d>(eONGef4( >a9G84( O4( b>( fe>d>( 55>N9G( 9( 59( `4O`5eb8_O( d>( ke>( >5( fG46>d84( >bbefG>696>Oa>(79j4(c(59(b45e`8_O(>b(ke>(eb>O(̂ 9f9a4b(̀ 4O(a9`4O>bV(>O(>b>(̀ 9b4=9c(ke>(fG>NeOa9Gb>(o59(95aeG9(>b(d>a>G68O9Oa>(4(`4Ob>`e>O`89(d>5(eb4(d>a9`_O(!Kp($O(geO`84O9G84(fe>d>(d>`8GU(>ba979(`4Oi>O`8d4(d>(ke>(b>( 879(96>d8G(>5(`G>`868>Oa4(d>(59(f>Gb4O9V(c(59(G>bfe>ba9(d>(ke8>O(g4G6e5_(59(f45]a8`9fe>d>(b>GU(O4V(>ba9(>b(59(f45]a8`9(f9G9(6>j4G9G(59(95aeG9(d>(59b(f>Gb4O9bV(O4(>5`G>`868>Oa4(c(O4(>baM(G>baG8ON8d4(>5(eb4(d>(a9`4O>bV(>Oa4O`>b(>5(ke>(i>ON9(c(b>f4ON9(a9`4O>b(ke>(55>Ne>(=9ba9(̀ 8>Ga4(5]68a>(c(54(b47G>f9b>V(̀ e6f5>J(0Oa>(>b4b>(>i8d>O`89(ke>(54(ke>(9f9G>Oa>6>Oa>(>G9(eO9(f45]a8`9(d>(b95ed(b>(5868a979(9eO9(59(f45]a8`9(d>(>ba9aeG9V(g4G6e59d9(f4G()45d>f4Ga>b(f9G9(9G69G(>5(>ke8f4d>(7954O`>ba4(d>()4546789(̀ 4O(eO9(G9^_O(̀ 59G9(c(iM58d9U(keh(=9`>64b(̀ 4O(eO

K!LK!LK!LK!LK!L

>ke8f4(d>((N>Oa>(d>((!VSS(6>aG4b(jeN9Od4(̀ 4OaG9(>ke8f4b(d>(K(6>aG4b(̀ 4O(!KJ0O958^9G>64b(GMf8d96>Oa>(59b(9`a8i8d9d>b(9(G>958^9G(f9G9(>i95e9G(eO9(f45]a8Q`9J(,4(fG86>G4(>b(a469G(eO9(d>`8b8_O(b47G>(keh(>b(54(ke>(i964b(9(>i95e9GV>bf>`8956>Oa>(>O()4546789(d4Od>(>ba9(9`a8i8d9d(>b(Oe>i9V(>O(eO4b(9n4b(>ba4b>GM(6Mb(gM`85(f4Gke>(a4d9b( 59b(f45]a8`9b(d>7>GMO(b>G(>i95e9d9b(c(O4(=97GMO>`>b8d9d(d>(=9`>G(b>5>``8_OJ(&4G(>j>6f54V(9Oa>b(9djed8`9G(eO(`4OaG9a4(d>(R685(68554O>b(d>(f>b4b(f9G9(>i95e9G(>5(fG4NG969(;4N4aM(b8O(=967G>V(95Ne8>Od>78_(9O958^9G(b8(>ba>(b>(f4d]9(>i95e9G(c(b8(b>(=e78>G9(d>a>O8d4(>O(>5(47j>a8i4OH6>G4(K(d>(d8`=4(fG4NG969(b>(=e78>G9(f>G`9a9d4(d>(54(̀ 4OaG9G84V(d>b9g4GaeQO9d96>Oa>(>O()4546789(54(86f4Ga9Oa>(O4(>b(=9`>G(>5(aG979j4(4(`4ObaGe8G(5947G9(b8O4(N9O9Gb>(>5(`4OaG9a4V(54(`e95>b(eO9(`4bae67G>(a4a956>Oa>(f>Gi>Gb9J$O(>baed84(fG>i84(d>7>(a>O>G(>O(`e>Oa9( 54b(9bf>`a4b(b47G>( 54b(ke>(=>64b`4Oi>Gb9d4(>5(d]9(d>(=4cV(6Mb(9HO(b8(>b>(>baed84(fG>i84(b>(=9`>(b47G>(eO9f4b875>(>i95e9`8_OJ("ba4(O4b(d>7>(55>i9G(9(b>G(fG>`9i8d4b(c(d9GO4b(`e>Oa9(d>ke>(59(>i95e9`8_O(d>(f45]a8`9b(b>(79b9(>O(>5(9OM58b8b(c(f9G9(>554(>b(O>`>b9G849dke8G8G(`4O4`868>Oa4b(c(=97858d9d>b(ke>(f>G68a9O(`4O4`>G(59(G9`84O958d9d(c`4=>G>O`89(d>(eO(fG4NG969(d>(eO9(f45]a8`9J

,4(ke>( b>(6>O`84O9GM(9( `4Oa8Oe9`8_O(`4GG>bf4Od>(95( aG979j4(ke>(eba>d>bd>7>O( >ba9G( >O( `9f9`8d9d( d>( G>958^9G( b47G>( eO( a>69( ke>( G>ke8>G>( 95NeO9bfG>`8b84O>bV(59(fG86>G9(>b(ke>(>O()4546789(f4G(fG86>G9(i>^(b>(>ba975>`>(eO96>a4d454N]9( f9G9( >i95e9`8_O( d>( f45]a8`9b( fH758`9bV( >5( f9O4G969( >O,9a8O496hG8`9(7Mb8`96>Oa>(b>(G>de`>(9(ke>(>5(aG979j4(d>(>i95e9`8_O(d>(f45]Qa8`9b(fH758`9b(a8>O>(eO(d>b9GG4554(ke>(9f>O9b(>6f>^_(>5(9n4(f9b9d4(>O(?hq8Q`4(c(>O(>5(G>ba4(d>(f9]b>b(d>(,9a8O496hG8`9(O4(>q8ba>l(>O(>5(`9b4(d>("bf9n995NeO9b(fG4i8O`89b(a8>O>O(6>a4d454N]9b(d>78d96>Oa>(>ba975>`8d9bV(d>(a95(g4GQ69(ke>(O4b(a>O>64b(ke>(Ne89G(>O(59(>i95e9`8_O(>bf>`8956>Oa>(f4G(54b(aG979j4bG>958^9d4b(b47G>(>ba9b(69a>G89b(>O("eG4f9(c(>O(54b("J($J

0(`4Oa8Oe9`8_O(G>958^9G>64b(eO(9OM58b8b(d>(59(G>b45e`8_O(ZYYWV(f9G9(>Oa>Od>G`_64(>ba9(G>b45e`8_O(G>`4N>(54b(fG8O`8f84b(N>O>G95>b(d>(>i95e9`8_O(i8ba4b(>O(59fG86>G9(b>b8_O(d>(>ba9(69n9O9J("5(9Ga]`e54(!!(d>5(`9f]ae54(K(>ba975>`>(eOfG4`>d868>Oa4(>bf>`895(d>(b>Ne868>Oa4(f9G9(>i95e9G(f45]a8`9bV(fG4NG969b(cfG4c>`a4bJ(18`=4(b>Ne868>Oa4(a8>O>(i9G89b(̀ 9G9`a>G]ba8`9bV(59(fG86>G9(>b(ke>(>beO9( =>GG968>Oa9( d>( `4OaG45( g8b`95V( O4( d>( 9ed8a4G89V( fe>b( a8>O>( eO( 95`9O`>8Oa>Gb>`a4G895(ke>(aG979j9(a>69b(>O(eO9(G>dJ("O(59(d>g8O8`8_O(ke>(aG9>(>5(9Ga]`e54!!(b>(d>g8O>(>5(b>Ne868>Oa4(>bf>`895(̀ 464(eO(>q96>O(̀ 4Oa8Oe4(c(ke>(b>(d>7>=9`>G(d>(g4G69(G>8a>G9d9V(d>7>(b>G(eO(fG4`>b4(d>(̀ 9GM`a>G(f>G69O>Oa>(f4Gke>O4( b>( aG9a9( d>( 55>N9G( 9( aG9ihb( d>( eO9( ah`O8`9( d>(6e>baG>4( >ba9d]ba8`4( ke>eba>d>b(ke8>G9OV(9(d>a>G68O9G(keh(b>(d>7>(>i95e9GV(=9c(eO9(d8g>G>O`89(a4a95(̀ 4O54b(fG4`>d868>Oa4b(d>(9ed8a4G89V(9ke](b86f5>6>Oa>(eO9b(9ea4G8d9d>b(`46f>Qa>Oa>b(ke>(>baMO(>ba975>`8d9b(>O(>5(9Ga]`e54(!K(d>(59(G>b45e`8_OV(i9O(9(d>a>G68QO9G(`eM5>b(b4O(59b(f45]a8`9bV(f59O>b(c(fG4c>`a4b(9(>i95e9GJ

K!XK!XK!XK!XK!X

"O(`=9G59b(9Oa>G84G>b(aG9ah(>5(a>69(d>(9ed8a4G89(f4G(fG4c>`a4bJ(,4b(fG8O`8f84b>ba975>`8d4b(f4G(59(G>b45e`8_O(b4O(a4a956>Oa>(9f58`975>b(9eO(̀ e9Od4V(8Ob8ba4V(>5b>Ne868>Oa4(>bf>`895(>b(eO9(=>GG968>Oa9(d>(`4OaG45(g8b`95(O4(d>(9ed8a4G89V(54`e95( 9d>6Mb(d>( 54(c9(>qfe>ba4( 86f58`9(ke>(9b]( `464(eba>d>b( a8>O>O(eO4b]a>6b(f9G9(9ed8a9GV(b>(O>`>b8a9(eO9(6>a4d454N]9(ke>(9`59G>(f4G(>j>6f54(`_64b>(=9`>(>5(9OM58b8b(d>(`4=>G>O`89V(keh(a8f4(d>(8Og4G69`8_O(G>ke8>G>V(6>d89Oa>`eM5>b(g4G69a4b(b>(d>7>(69O>j9G(59(8Og4G69`8_OV(`eM5>b(95N4G8a64b(ea858^9GMOf9G9(7eb`9G(̀ 4O(fG4`>d868>Oa4b(d>(68O>G]9(d>(d9a4bJ(-4d4(>b4(>b(O>`>b9G84(b8O4(>q8ba>(59(6>a4d454N]9V(G>`e>Gd>O(9(.>O>(1>b`9Ga>b(>5(f9dG>(d>5(6ha4d4U(b8O4(=9c(6ha4d4V(b8(O4(=9c(6>a4d454N]9(ke>(95(9f58`9Gb>(dh(eO4b(G>be5a9d4b`46f9G975>bV(i964b(9(̀ 9>G(>O(>5(f>4G(d>(a4d4b(54b(>GG4G>bU(ke>(eO9b(f>Gb4O9b9f9G>Oa>6>Oa>(6Mb(=M785>b(>O(59(69a>G89(d8N9O(̀ _64(=9`>G(59b(̀ 4b9b(c(d>OaG4d>(!(4(K(9n4b(59(N>Oa9(i9(9(d>`8GU(m>5(1GJ(ge59O4(d>(a95((54(=9`>(9b](c(h5(b](b97>d>(>b4(c(O9d8>(6Mb(b97>(b8(>b9(b8ae9`8_O(b>(d9mV(>ba4(O4(>b(6ha4d4V(>b(eO9i8b8_O(f>Gb4O95V(f>G4(>5(6ha4d4(a8>O>(59(`9G9`a>G]ba8`9(d>(ke>(eO9(i>^(b>(9f58Qke>(b>(d>7>(47a>O>G(eO(d>a>G68O9d4(G>be5a9d4V(b8(O4(>b(9b](b95>(a4a956>Oa>(d>59(`4O`>f`8_O(6>a4d45_N8`9V(>Oa4O`>b(i964b(9(68G9G(d>OaG4(d>(>b>(>q96>O`4Oa8Oe4(c(b8ba>6Ma8`4V(7Mb8`96>Oa>(`_64(>b(>5(9i9O`>(c(`464(b>(47a8>O>O54b(G>be5a9d4bJ

+47G>(>ba9(6>a4d454N]9V(i>O864b(aG979j9Od4(>O(59(AeOd9`8_O('Ga>N9(c(@9bb>a`4O(>5(9f4c4(d>(59(b>d>(fG8O`8f95(>O(?9dG8d(c(`4O(9f4c4(d>(59b(b>d>b(>O(54bd8i>Gb4b(f9]b>b(59a8O496>G8`9O4b(c(=>64b(54NG9d4(d>b9GG4559G(`9b8(95(!WWw(596>a4d454N]9(f9G9(>i95e9`8_O(d>(f45]a8`9b(fH758`9b(`4O(eO(`9GM`a>G(N>O>G95V(>bd>`8GV(ke>(>b(9f58`975>(9(`e95ke8>G(>i95e9`8_OV( b8Gi>(f9G9( b95edV(d>g>Ob9V(4`e95ke8>G(f45]a8`9(fe758`9(f9G9(O4(`9>G(>O(>5( 8O6>Ob4(>GG4G(d>(f>Ob9G(ke>`9d9(b>`a4G(a8>O>(beb(`9G9`a>G]ba8`9b(c(b8(O4(b>(a8>O>O(>O(`e>Oa9V(O4(b>(fe>d>>i95e9G(>5(b>`a4GJ

"b(`8>Ga4(ke>(O4(=97G]9(d8i8b8_O(b>`a4G895(b8(a4d4(ge>G9(8Ne95(f>G4(>Oa4O`>b(59N>Oa>(ke>(aG979j9(>O(d>a>G68O9d4(b>`a4G(b8>6fG>(d8`>U(mi>9V(>b(ke>(>5(b>`a4G>de`9`8_O(>b(6ec(>bf>`8958^9d4mV(54(68b64(5>(d8`>O(9(eO4(>O(9NG8`e5aeG9V(>O8OgG9>baGe`aeG9(c(>Oa4O`>b(54b(geO`84O9G84bV(̀ 4O(a4d4(>5(G>bf>a4(ke>(eba>d>b(b>6>G>`>OV(ea858^9O(59(9f9G>Oa>(>bf>`8958^9`8_O(c(`46f5>j8d9d(d>(eO(b>`a4G(f9G9>b`ed9Gb>(>O(h5(9GNe6>Oa9Od4(ke>(59(6>a4d454N]9(O4(>b(9f58`975>V(ke>(f4b8Q75>6>Oa>(geO`84O9(>O(4aG4(b>`a4G(f>G4(O4(>O(>5(Oe>baG4J($O9(d>(59b(̀ 9G9`a>G]bQa8`9b(ke>(a8>O>(59(6>a4d454N]9(f59Oa>9d9(>b(ke>(f9Ga>(d>(eO(fG8O`8f84(ke>(>b>5(̀ 9GM`a>G(ke>(a8>O>O(54b(geO`84O9G84b(d>(eO(>Oa>(d>(̀ 4OaG45(g8b`95V(ke>(7Mb8`9Q6>Oa>(G>958^9O(d4b(NG9Od>b(geO`84O>bU(9ed8a9j>(c(je8`84b(g8b`95>bV(O4(>ba964b>O(O8ONHO(646>Oa4(d>j9Od4(f4G(ge>G9(54b(4aG4b(9bf>`a4b(`464(b4O(54b(>baeQd84b(b>`a4G895>bV(=>64b(8Oi45e`G9d4(a4d4J

.>`4Gd>64b(ke>(`e9Od4(=975964b(d>(59(86f5>6>Oa9`8_O(>O(>5(`8`54(d>(54bfG4`>b4b(9`59G964b(ke>((59(86f5>6>Oa9`8_O(b>(G>g8>G>(O4(95(=>`=4(d>(55>i9G(9

K!SK!SK!SK!SK!S

eO9(>Oa8d9d(eO9b(=>GG968>Oa9b(4(>OaG>N9G(59(f45]a8`9(fH758`9(f9G9(69O>j9G(59fG>i>O`8_O(>O(b95edV(f4G(6>O`84O9G(eO(`9b4V( b8O4(ke>( 86f5>6>Oa9`8_O(b>G>g8>G>(95(=>`=4(d>(55>i9G(59b(f45]a8`9b(9(59b(>Oa8d9d>b(̀ 46f>a>Oa>b(c(a9678hO(959(>j>`e`8_OV(9b](d>7>64b(>Oa>Od>G(>5(a>G68O4(86f5>6>Oa9`8_OV(f4Gke>(̀ e9Od4b>(=9759(>O(59(6>a4d454N]9(d>(fG4c>`a4b(d>(&59O>9`8_O(*9`84O95V( 59(?@0V>Oa4O`>b(9=](b>(=9759(d>(86f5>6>Oa9`8_O(c(d>bfehb(b>(=9759(d>(>j>`e`8_OV9ke](59(>j>`e`8_O(a8>O>(̀ 464(eO4(d>(beb(47j>a4b(G>`4N>G(c(9O958^9G(8Og4G69`8_O>O(g4G69(f>G69O>Oa>V(f9G9(=9`>G(>5(>q96>O(`4Oa8Oe4(c(f>G69O>Oa>J("ba4b9OM58b8b(9d>6Mb(d>7>O(G>be5a9G(Ha85>b(f9G9(>5(`4OaG45(g8b`95J

$O(>5>6>Oa4(geOd96>Oa95(>b(̀ 4OaG9ba9G(54b(G>be5a9d4b(>bf>G9d4b(̀ 4O(9iMO`>54b9i9O`>b(47a>O8d4b(f9G9(54(̀ e95(b>(ea858^9(95NeO9b(i>`>b(eO(64d>54(fG>b`G8fa8i4V>b(d>`8G(eO(d>7>G(b>G(ke>(f>G68a9(eO9(`46f9G9`8_O(`4O(>5(`_64(b>(=8`8>G4O59b(̀ 4b9bJ("O(N>O>G95(a4d4b(54b(64d>54b(fG>b`G8fa8i4bV(>O(ahG68O4b(d>(64d>54b4O(f>Gg>`a4bV(a4d4b(b4O(.47>Ga(.>dg4Gd(>O(69a>G89(d>(64d>54b(c(̀ e9Od4(eO455>N9( `4O( be(.47>Ga(.>dg4Gd( 9( `46f9G9G54( `4O( 54( ke>( b>(=9( >j>`ea9d4( b>a>G68O9(`46f9G9Od4(9(.47>Ga(.>dg4Gd(`4O(AG9Ot>ba>8OJ("5(`_64(b>(=8^4(d>Qf>Od>(>O(eO(95a]b864(NG9d4(d>(eO9(b>G8>(d>(`4O`>fa4b(4(d>(`9fG8`=4b(d>(54bgeO`84O9G84b(d>(eO9(d>a>G68O9d9(>Oa8d9dV(f4G(>j>6f54(b47G>(eO(68b64(a>69d8`>(>5(b>`G>a9G84(d>(b95ed(d>()9b9O9G>U(m9ke](=9`>64b(59b(`4b9b(9b]m(c(>5(d>)95d9bU(m>b(ke>(9ke](59b(=9`>64b(d>(4aG9(69O>G9mJ

&9G9(59(>i95e9`8_O(d>(59(>j>`e`8_O(>b(86f4Ga9Oa>(a>O>G(>O(̀ e>Oa9(59(=>GG968>OQa9(d>5(64O8a4G>4(>O(>5(a8>6f4(G>95V(=9c(ke>(a>O>G(>O(̀ e>Oa9(ke>(b47G>(>ba>(a>69=9c(eO9(`4O`>fae958^9`8_O(>GG9d9(fe>b(>5(a8>6f4(G>95(>b( 54(`4OaG9G84(9( 54b8Og4G6>bJ()e9Od4(a>O>64b(eO(8Og4G6>(O4(>ba964b(i8>Od4(59b(̀ 4b9b(>O(a8>6f4G>95V(>OaG>(4aG9b(`4b9b(f4Gke>(O4(b>(b97>(`eM5(>b( 59(g>`=9(d>(8Og4G6>V(f4G>j>6f54(f9G9(=9`>G(eO(8Og4G6>(d>(N>ba8_O(eO(j>g>(4(eO(68O8baG4(d9(59(4Gd>O(9`9d9(d>f>Od>O`89(c(`9d9(>Oa8d9dV(ke>(9(be(i>^(`e>Oa9O(54(ke>(=9O(=>`=4V`9d9(4g8`8O9(>Oi]9(eO(8Og4G6>(c(d>bfehb(54b(eO>O(a4d4bV(O4G6956>Oa>(>O(eO94g8`8O9(d>(f59O>9`8_O(ke>(G>d9`a9(>5(8Og4G6>(g8O95J(&>G4(G>be5a9(f4G(>j>6f54ke>(>5(OH6>G4(d>(>qf>d8>Oa>b(>O(aGM68a>(>b(eO(d9a4(95(KW(d>(g>7G>G4V(>5(OH6>G4d>(b9O`84O>b(86fe>ba9b(95(4`ae7G>(d>5(9n4(f9b9d4V(9=](b>(fG>b>Oa9(eO9(b>G8>d>(8O`4Ob8ba>O`89b(ke>(O4(f>G68a>O(>i95e9GJ

"5(a8>6f4(G>95(b>(G>g8>G>(9(eO9(b459(`4b9U(a4d9(59(4GN9O8^9`8_O(>baM(>O(5]O>9(cke>(>5(ke>(O>`>b8a>(eO9(8Og4G69`8_O(4fG869(eO9(a>`59(c(47a>ON9(>5(d9a4V(>b4(>ba8>6f4(G>95V(b8(O4(>b(9b](O4(>b(a8>6f4(G>95V(fe>d>(>ba9G(`>G`9J(D9c(9beOa4bb47G>(54b(̀ e95>b(O4(>b(f4b875>(̀ 4Ob>Ne8G(8Og4G69`8_O(>O(a8>6f4(G>95V(f4G(>j>6Qf54(54b(d9a4b(d>5(+8b7>O(b>(`4Ob8Ne>O(b454(d>(aG>b(6>b>b(9aGMb(`4O(59(jeba8g8`9Q`8_O(d>(ke>(f4G(d8bf4b8`8_O(68O8ba>G895V(59b(b>`G>a9G89b(d>(b95ed(d>7>O(8Og4G69G95(68O8ba>G84(d>(b95ed(̀ 9d9(L(6>b>bV(>Oa4O`>b(>5(a8>6f4(G>95(i95>(K(4(L(6>b>b9aGMb(f4Gke>(=9c(eO9(O4G69(ke>(G>Ne59(keh(>b(>5(be68O8baG4(d>(8Og4G69`8_O(cb>(d>7>(ea858^9G(eO9(6>a4d454N]9(d>(8Og4G69`8_O(N>O>G9d4G9(d>(d9a4bJ(?>O`84Q

K!YK!YK!YK!YK!Y

O979(95(`468>O^4(d>(59(`=9G59(ke>(a4d9b(59b(9`ae9`84O>b(9d68O8baG9a8i9b(b4Ob8ba>69b(d>(8Og4G69`8_OU(>5(>qf>d8>Oa>(ke>(b>(i9(g4G69Od4(`e9Od4(9GG9O`9`4O(eO9(b459(b458`8aedV(`4O(eO9(f>a8`8_O(d>(eO(`8ed9d9O4(c(ke>((i9(`G>`8>Od4VO4(d8g8>G>(97b45ea96>Oa>(>O(O9d9V(a8>O>(=9ba9(>5(68b64(O467G>(d>(eO9(̀ 9Gf>Qa9(d>(`46fea9d4GV(`e9Od4(6>( 55>N9(eO9(b458`8aed(97G4(eO9(`9Gf>a9(ke>(b>55969(D>GO9Od4(,4^9d9V(>O(59(ke>(i4c(6>a8>Od4(54(ke>(i9(55>N9Od4V(>b9(>beO9(d>(59b(`9G9`a>G]ba8`9b(>O(>5(`9b4(d>(54b(fG4c>`a4bJ

()e9Od4(eba>d>b(>baed89O(eO(fG4c>`a4(b>(>O`e>OaG9O(`4O(eO9(b8ae9`8_O(`9b8O4G695V(fG>NeOa9O(eba>d>b(f4G(eO4b(f59O4b(c(G>bf4Od>(eO(geO`84O9G84U(m54bf59O4b(>baMO(955M(>O(>5(d>f9Ga96>Oa4(ah`O8`4mV(95(fG>NeOa9G(`_64(b>(=8`8>G4O54b(ahG68O4b(d>(G>g>G>O`89V(m>b4b(>baMO(>O(jeG]d8`9mV(c(d_Od>(>baM(>5(̀ >Ga8g8`9d4d>(d8bf4O87858d9d(c(>5(G>N8baG4V(m>b4(>baM(>O(g8O9O`8>G9mV(c(>ba9(a4d4(9b]J(0d>Q6Mb(d>(54(9Oa>G84GV(b8>6fG>(=9c(eO9(G>bfe>ba9(8O6>d89a9U(md4`a4GV(>5(d4`e6>OQa4(ke>(O>`>b8a9(b>(54(a>ON4(f9G9(69n9O9m(c(O9aeG956>Oa>(95(4aG4(d]9(9f9G>`>J"O(>ba9b(b8ae9`84O>b(=9c(ke>(>i8a9G(59(i>G8g8`9`8_O(f9G9(6>a>Gb>(>O(>5(`e6f58Q68>Oa4(c(9f58`9G(ah`O8`9b(̀ 464(59(aG89ONe59`8_O(9(59(̀ e95(b8>6fG>(47>d>`>O(54b4G]N>O>b(d>(eO(d4`e6>Oa4(4(d>(eO(9``84O9GV(4(9f58`9G(>5(`4O`>fa4(d>(`58>Oa>`464(54(d>g8O>O(59b(O4G69b(ah`O8`9b(>Oa>Od8d4(`464(>5(ke>(G>`87>V(>b(d>`8GVb8>6fG>( =9c( eO9( f>a8`8_O( >O( >5( `9b4( d>( eO( `>Ga8g8`9d4( d>( d8bf4O87858d9dfG>befe>ba95V(>b>(54(f8d>(95Ne8>O(d>(eO9(4g8`8O9(ke>(i9(9(>j>`ea9GV(O4G6956>OQa>(eO9(4g8`8O9(d>5(b>`a4G(g8O9O`8>G4(c(54(G>`87>(O4G6956>Oa>(>5(ke>(54(f8d8_V>Oa4O`>b(b4O(aG>b(f4G(>b4(>b(eO9(aG89ONe59`8_O(c(f9G9(b97>G(b8(>b4(ke>(5>(>baMO64baG9Od4(>b(`8>Ga4V(b>(ea858^9(68O>G]9(d>(d9a4b(f9G9(b97>G(`eMOd4(=8`8>G4O(>54g8`84(f8d8>Od4( `e95ke8>G( `4b9V( >O( >5( `46fea9d4G( ke>d9( a4d4V( 9eOke>( b>974GG9d4V(c(b>(8d>Oa8g8`9(̀ 4O(eO(8fV(>Oa4O`>b(b>(fe>d>(i>G8g8`9G(̀ eMOd4(54(f8d8>QG4OV(`eMOd4(54(=8`8>G4O(c(`eMOd4(54(G>`878_(>5(ke>(54(f8d8_V(>5(`58>Oa>J(-4d9b>b9b( b4O( ah`O8`9b( ke>( b>( fe>d>O( 9f58`9GV( ke>( >b( d>( 54( ke>( b>( aG9a9( >ba>b>68O9G84J

$ba>d>b(O>`>b8a9O(b97>G(O4(i>G(4(fG>`8b9G(59(>q8ba>O`89(d>(eO(f9f>5V(b47G>(>ba4V>5(9Ga]`e54(!!(d>(59(G>b45e`8_O(>ba975>`>(ke>(>ba4b(9bf>`a4b(>baMO(a4a956>Oa>>O69G`9d4b(>O(>5(9Ga]`e54(!!T(c(KYR(d>(59()4Oba8ae`8_O(*9`84O95V(>5(KYR(>b=9`>(G>g>G>O`89(95(`4OaG45(g8b`95(`464(eO9(geO`8_O(fH758`9(c(>5(!!T(>O(g4G69>bf>`]g8`9(d8`>U( 59()4OaG954G]9(@>O>G95(d>( 59(.>fH758`9( a8>O>(9( be(`9GN4(95i8N859O`89V( 59( N>ba8_O( g8b`95( c( >5( `4OaG45( d>( G>be5a9d4b(d>( 59( 9d68O8baG9`8_OV>Oa4O`>b(9ke](>ba964b(dMOd45>(`e6f5868>Oa4(9(59(O4G69(`4Oba8ae`84O95(=9Q`8>Od4(̀ 4OaG45(g8b`95(c(9O958^9Od4(>5(G>be5a9d4(d>(59(N>ba8_OJ(?>(=9O(̀ 46>Oa9Qd4(ke>(b47G>(59(G>b45e`8_OV(6e`=4b(b>(>O`>OaG9O(̀ 464(>O(eO9(78`8`5>a9(>baMa8Q`9U( f>d95>9O( f>G4( O4( i>O( 9i9O`>V( f>G4( aG9Oke854bV( fG4Oa4( i9O( 9( b9`9G( 5978`8`5>a9(9(59(`955>J

"O(>5(9Ga]`e54(!K(9f9G>`>(̀ eM5>b(b4O(59b(d>f>Od>O`89b(̀ 46f>a>Oa>bV(>Oa4O`>b>5(d>bf9`=4(d>(59(b>n4G9(̀ 4OaG954G9V(d>5(b>n4G(i8`>(̀ 4OaG954GV(59b(d>5>N9d9bV(59b

K!RK!RK!RK!RK!R

9eq8589G>bV(59b(̀ 4OaG954G]9(d>5>N9d9b(8Oa>G(b>`a4G895>b(c(O9aeG956>Oa>(54b(geO`84QO9G84b(ke>(b>(=9O(`468b84O9d4(f9G9(55>i9G(9(`974(>b9(N>ba8_OJ

"O(>5(9Ga]`e54(!LV(>6f8>^9(>5(a>69(d>(6>a4d454N]9V(955](9OeO`89O(`e95>b(b4O54b(6ha4d4b( d>( b>Ne868>Oa4( c( b>(f59Oa>9( b>8bJ("5( fG86>G4( >b( G>g>G8d4( 9( 59>j>`e`8_OV(>b(eO(b>Ne868>Oa4(g]b8`4(4(g8O9O`8>G4(d>(`eMOa4(b>(=9(N9ba9d4(c(d>`_64(i9(59(>j>`e`8_O(d>(59(f45]a8`9V(d>5(fG4NG969(4(d>5(fG4c>`a4l(>5(b>NeOd4(>bG>59a8i4(9(54b(8Od8`9d4G>bV(55>i9(9(a469G(54b(8Od8`9d4G>b(̀ 4O(59(8Og4G69`8_O(ke>b>(G>`4N8_V(d>a>G68O9G(keh(`8gG9b(b>(47a8>O>O(c(`46f9G9G(`4O(59b(6>a9b(ke>9f9G>`>O(fG4fe>ba9b(>O(>5(f59OV(>5(b>Ne868>Oa4(fG>befe>ba95(c(`4Oa975>(a8>O>eO9(f9Ga>(geOd96>Oa95(`468>O^9(`4O(59(9fG4f89`8_O(fG>befe>ba95(c(54(ke>(>bebe95(>O()4546789U(9(eO9(47G9(d>(K(685(68554O>b(b>(5>(=9`>(eO9(9d8`8_O(c(54bd8O>G4b(f9G9(=9`>G59(b95>O(d>(eO(̀ 4OaG9(̀ Ghd8a4V(a4d4b(>ba4b(9bf>`a4b(d>(9d8`84QO>bV(G>`4Ga>bV(`4OaG9(`Ghd8a4bV(`Ghd8a4b(b4O(`9eb9b(d>(G>aG9b4b((ke>(55>i9O(9f9G9G(47G9b(f4G(54b(a8>6f4b(d>(59b(b458`8aed>bJ

0d8`84O956>Oa>(eba>d>b(9O958^9GMO( 54b( g5ej4b(d>(`9j9V(`_64(b>(=9O(64i8d4>b4b(G>`eGb4b(c(a4d9(>b9(8Og4G69`8_O(c(54(=9GMO(`4O(eO(6ha4d4(a4a956>Oa>d>g8O8d4V(G>f8a4(b8(O4(>baM(>5(6ha4d4V(i964b(9(a>O>G(eO9(̀ 45>``8_O(d>(4f8O84O>bb8O(b458d>^V(=9c(ke>(b>G(a4a956>Oa>(G]N8d4(>O(59(9f58`9`8_O(d>(59(6>a4d454N]9f9G9(47a>O>G(G>be5a9d4b(`46f9G975>b(c(>b4(b>(=9`>(d>bd>(>5(646>Oa4(>O(>5`e95(b>(9GG9O`9(̀ 4O(59(g9b>(fG>i89(d>(̀ 4OaG9a9`8_OJ(,>b(G>`4Gd979(ke>(59()4Ga>)4Oba8ae`84O95(G>b45i8_(>5(9beOa4(9g8G69Od4(ke>(>5(`4OaG45( g8b`95(>b( 8Oa>NG95d>bd>(>5(646>Oa4(>O(>5(`e95(b>(97G>(eO(fG>befe>ba4(c(b>(9b8NO9(eO9(f9Ga8d9fG>befe>ba95(=9ba9(>5(646>Oa4(>O(ke>(b>(58ke8d9(eO(`4OaG9a4(c(d>bfehb(=9cke>(b>Ne8G(47b>Gi9Od4(G>be5a9d4b(>(86f9`a4bJ

"b(geOd96>Oa95(>O(a4d4(b>Ne868>Oa4(`e958a9a8i4(4(`e9Oa8a9a8i4(ke>(=9c(ke>G>b`9a9G(59(`G>d87858d9d(>O(59b(8Oba8ae`84O>bV(fe>b(>O()4546789(O9d8>(`G>>(>O>b4V(>ba964b(gG>Oa>(9(eO9(b8ae9`8_O(d>(59(`e95(b>(`G>>(ke>(59b(>Oa8d9d>b(O4b97>O(>j>`ea9GV(̀ 4b9(ke>(b>(8Oa>Oa9(̀ 96789G(̀ 4O(59b(eO8d9d>b(>j>`ea4G9b(̀ 46459(0N>O`89(*9`84O95(d>(%Oa>58N>O`89(ke>(b>(`G>_(c(9( 54b(Z(d]9b(d4b(b>n4G>bf>G84d8ba9bV(D>GOMO(&>5M>^(c(\5i9G>^(@9Gd>9^M795V(ge>G4O(d4Od>(>5(&G>b8d>Oa>d>(59(.>fH758`9(9(d>`8G5>(ke>(54b(>ba979O(m`=e^9Od4m(c(59(G>bfe>ba9(ge>(ke>(590N>O`89(*9`84O95(d>(%Oa>58N>O`89(9=4G9(>b(>j>`ea4G9V(>5(10+(b>(d>64G979(eO6>b(f9G9(`=e^9GV(>O(`96784(>ba9(b>(d>64G9(eO(d]9(f9G9(`46>O^9G(9(=9`>G54J.>`e>Gd>O(ke>(fGM`a8`96>Oa>(a4d9b(59b(Oe>i9b(ah`O8`9b(d>(9d68O8baG9`8_O(b>79b9O(>O(eO(b454(fG8O`8f84U(b9a8bg9``8_O(d>5(ebe9G84(c(>5(ebe9G84(>O(>5(`9b4(d>5b>`a4G(fH758`4(>b(a4d9(59(`8ed9d9O]9V(=9c(ke>(9i>G8Ne9G(>Oa4O`>b(`_64(5>(=98d4(9(59(N>Oa>(`4O(>5(fG4NG969V(`_64(b4O(beb(b>Oa868>Oa4b(c(f>G`>f`84O>bb47G>(59b(9``84O>b(fH758`9bJ

0=4G9(=9c(eO(>b`MOd954(>O(;9GG9Oke8559(`4O(eO9(geOd9`8_O(6ec(86f4Ga9Oa>Vc(`464(>b(O4a8`89(b>(fe>d>(d>`8G(ke8hO(>bU(/e584(?9G84(+9Oa4(d468ON4(9(59

K!ZK!ZK!ZK!ZK!Z

`eM5(5>(>O`9GN9G4O(59(`4ObaGe``8_O(d>(ZKWW(i8i8>Od9b(ke>(c9(ge>G4O(>OaG>N9Qd9bV(f>G4(G>be5a9(ke>(=8`8>G4O(̀ 9b9b(d>(KL(6>aG4b(̀ e9dG9d4bV(>O(;9GG9Oke8559V`464(9(LW(c(f8`4(d>(NG9d4b(79j4(b467G9(f9G9(ke>(b>(6>a9O(g968589b(Oe6>QG4b9bV(d>(Z(c(!W(f>Gb4O9bJ(.>be5a9(ke>(59(N>Oa>(O4(ke8>G>(G>`878G59bV(68>OaG9ba9Oa4(b>(9djed8`_(>5(fG86>G(̀ 4OaG9a4(d>(̀ 4ObaGe``8_O(d>(i8i8>Od9(NG9ae8a9(c(ke>`4b9(a9O(`eG84b9V(b>(59(N9O4(59(geOd9`8_O(/e584(?9G84(+9Oa4(d468ON4(`e9Od4O4(5>(=9O(G>`878d4(59b(4aG9b(̀ 9b9b(f4G(b>G(m`9j9b(d>(g_bg4G4bmJ(D9c(ke>(̀ 4O4`>G59(b9a8bg9``8_O(c(keh(f>G`87>(>5(ebe9G84(f9G9(O4(̀ 46>a>G(>GG4G>b(̀ 464(>5(b>n4Gke>(i9(95(6hd8`4V(>5(6>d8`4(54(68G9(c(5>(>O`e>OaG9(eO9(9g>``8_O(G>bf8G9a4G89a>GG875>(c(5>(d8`>(m7e>O4(a8>O>b(ke>(eb9G(7eg9Od9V(O4(fe>d>b(b958G(`4O(f4`9i>ba86>Oa9V(fG4ahN>a>(6e`=4V(O4(a46>b(7>78d9b(gG]9b(c(5>(d8`>(54(6Mb(86f4GQa9Oa>(ge6>(6Mq864(K(95(d]9mV(̀ e9Od4(ie>5i>(>5(b>n4G(>ba9(befG>696>Oa>(695Vc(>5(6hd8`4(5>(d8`>(eba>d(O4(6>(=9(=>`=4(`9b4V(eba>d(O4(b>(=9(a469d4(54b6>d8`96>Oa4bV(O4(=9(b>Ne8d4(59b(G>`46>Od9`84O>b(c(>5((b>n4G(5>(d8`>(md4`a4GVc4(6>(=>(`e8d9d4(c4(=>(`e6f58d4(a4a956>Oa>V(>5(fG475>69(>b(>5(`8N9GG8554mVmf>G4(b8(c4(5>(d8j>mV(mb8(d4`a4G(eba>d(6>(d8j4(ke>(K(95(d]9V(f>G4(>G9(ke>(c4(O4ge6979mJ

"b(O>`>b9G84(69O>j9G(f>G`>f`8_O(c(69O>j9G(b>Oa868>Oa4b(f4G(>j>6f54(̀ e9Od4d8`>O(ke>(=9c(ke>(9e6>Oa9G(>5(`4Obe64(d>(fG4a>]O9V(>Oa4O`>b(6e`=4b(f8>OQb9O(ke>(=9c(ke>(`46>G(`9GO>(d>(i9`eO4V(f>G4(>b(f4b875>(ke>(>O(59(`4ba9(5>bNeba>(6Mb(>5(f>b`9d4J("b4b(9bf>`a4b(d>(f>G`>f`8_O(c(d>(b>Oa868>Oa4(54b(a8>O>ke>(a>O>G(>O(`e>Oa9(>5(ke>(i9c9(9(>i95e9G(c(>5(b>Oa868>Oa4(>b(>O(ahG68O4b(d>f45]a8`9(a4a956>Oa>(f459G8^9d4V(O4(>b(6Mb(4(6>O4bV(>b(54(964(4(54(4d84V(59N>Oa>(G>`87>(59(b45e`8_O(78>O(4(d8`>(ke>(>b4(O4(b8Gi>(f9G9(O9d9V(`9b8(O4(=9c8Oa>G6>d84b(c(O4(b>(fe>d>(d>`8G(m>ba9(f>Gb4O9(>baM(`9b8(b9O9mV(>b(54(68b64`e9Od4(55>N9O(9(eO(i>54G84(c(fG>NeOa9O(od>(keh(6eG8_(59(i8>j8a9p(c(G>bf4Od>OmO4V(>559(>ba979(78>O(c( 59(`4N8_(eO9(NG8f9(c(b>( 59( 55>i_mV(c(d8`>(eO9(b>n4G9mNG9`89b(9(184b(O4(6eG8_(d>(O9d9(NG9i>mJ

<45i>64b(95(a>69(d>(ke>(>5(b>Oa868>Oa4(>O(G>be5a9d4b(d>7>(b>G(̀ 4Oa8Oe4V(G>f8a4f9G9(aG9Oke858d9d(d>(eba>d>bV(b47G>(>ba4b(a>69b(c9(a>O>64b(a4d9(9(6>a4d454QN]9V(54b(g4G69a4b(f9G9(=9`>G(>ba4J("5(9Ga]`e54(!X(>b(6ec(86f4Ga9Oa>V(9`59G9f9G9(keh(b8Gi>(59(>i95e9`8_O(ke>(>b( 59( 8Oke8>aed(ke>(b8>6fG>(6>(f59Oa>9OUod4`a4GV(>b4(>b(d8g]`85(d>(=9`>G(c(f9G9(keh(b8Gi>p(,4(ke>(c4(G>bf4Od4(>b(ke>(>5=>`=4(d>(ke>(59(N>Oa>(O4(b>f9(9fG>`89G(>5(i954G(d>(eO9(̀ 4b9(O4(b8NO8g8`9(ke>(59`4b9(O4(i95N9V(`464(be`>d>(`4O(>5(8Og4G6>(d>5(>ba9d4(d>(54b(G>`eGb4b(O9aeG9Q5>bV(ke>(d>7]9(b>G(eO9(=>GG968>Oa9(d>(eb4(4758N9a4G84(f4G(f9Ga>(d>(a4d9b(59b>Oa8d9d>b(d>()4546789V(6e`=9(N>Oa>(O4(54(̀ 4O4`>V(>O(4aG4b(̀ 9b4bV(9f>O9b(5>b55>N9(54(`e>5N9O(c(54(f4O>O(>O(eO9(787584a>`9J

->O>64b(ke>(59(g8O958d9d(d>5(b>Ne868>Oa4(>bf>`895(>b(9di>Ga8G(d>(4f>G9`84O>b4(fG4`>b4b(>O(>j>`e`8_O(ke>(`4O55>i>O(NG9i>b(G8>bN4b(ke>(`46fG46>a9O(>5f9aG864O84(fH758`4V(9=](a>O>64b(59(geO`8_O(g8b`95J(+>NHO(59(`4O`>f`8_O(d>(59

K!TK!TK!TK!TK!T

)4Oba8ae`8_OV(>5(̀ 4OaG45(>b(>q(f4baV(6e`=4b(b>(fG>NeOa9O(keh(G>be5a9GM(d>(>b9b>i95e9`84O>b(̀ e9Od4(>5(fG4c>`a4(9f>O9b(b>(>baM(55>i9Od4(9(̀ 974J("ba4(b>(79b9>O(54(ke>(>O(>ba>(646>Oa4(̀ 4Oba8aec>(59(79b>(59b(9ed8a4G]9b(c(59(g8b`958^9`8_O(>O>5(6eOd4(ke>(>b(>5(9OM58b8b(d>(G8>bN4bV(9`ae956>Oa>(d>78d4(9(59(69NO8aed(d>8Og4G69`8_O(ke>(>b(O>`>b9G84(9O958^9G(fe>b(b>(55>N_(59(`4O`5eb8_O(d>(ke>(546>j4G(ke>(b>(fe>d>(=9`>G(>b(>baed89G( 54b(G8>bN4bJ(c(>b4(>b( 54(ke>(b>(>baM=9`8>Od4(>O(>5(6eOd4(>Oa>G4J

,4(fG86>G4(ke>(b>(d>7>(=9`>G(f4G(>j>6f54(>O(>5(̀ 9b4(d>(eO(fG4c>`a4V(>b(i>G(>O>5(f58>N4(d>(`4Od8`84O>b(`eM5(ge>(>5(9OM58b8b(d>(G8>bN4b(c(`_64(b>(G>f9Ga8>G4OVkeh(ke>d9(>O(`97>^9(d>5(`4OaG9a8ba9V(`eM5>b(ke>d9O(>O(`97>^9(d>(59(9d68O8bQaG9`8_O(c(`_64(b>(9be68>G4OV(b8(b>(5>(aG9b59d_(59(`9GN9(9(eO9(9b>NeG9d4G9(4b86f5>6>Oa>(b>(ke>d_J

1>bfehb(d>(>ba4V(>OaG964b(95(̀ 4OaG45(f4ba>G84G(b47G>(54b(=>`=4b(8d>Oa8g8`9d4bVd4Od>(>b(6ec(86f4Ga9Oa>(>5(b>Ne868>Oa4(>bf>`895(ke>(a8>O>(ke>(i>G(`4O(59bf45]a8`9bV(54b(fG4NG969b(c(54b(fG4c>`a4bJ(+8(>O`4OaG964b(eO(=>`=4(ke>(a8f8g8`9eO9(i8459`8_O(9(59b(O4G69b(g8b`95>b(b>(d>7>(8O8`89G(59(8Od9N9`8_O(fG>5868O9G(4b>(97G>(>5(je8`84(g8b`95J(,4(9Oa>G84G((O4(ke8>G>(d>`8G(ke>(f4G(b>G(eO9(=>GG968>Oa9g8b`95(d8g>G>Oa>(9( 59(9ed8a4G89(G>ke8>G9( 59GN4b(fG4`>d868>Oa4b(c(>bf>G9bV(O4Veba>d>b( i9O( 9( i>G( ke>( >ba9b( =>GG968>Oa9b( a8>O>O(6>`9O8b64b(d>( G>9``8_O8O6>d89a9(ke>(i>G>64b(6Mb(9d>59Oa>J

"b( 86f4Ga9Oa>(47b>Gi9G(>5( a>69(d>( 59b(9b86>aG]9b(d>( 8Og4G69`8_O(>OaG>( 54bO8i>5>b(Ne7>GO96>Oa95>bJ("5(?8O8ba>G84(d>(+95ed(a8>O>(eO9(>O4G6>(`9f9`8d9dd>(69O>j4(d>(8Og4G69`8_O(`46f9G9d9(`4O(59(d>5(6eO8`8f84(d>(+868a]V(>Oa4OQ`>b(55>N9O(54b(b>n4G>b(d>5(?8O8ba>G84(c(d8`>O(ke>(>5(95`95d>(d>(+868a](O4(=9>Oi89d4(59(8Og4G69`8_OV(f>G4(>b(ke>(>5(HO8`4(̀ 46fea9d4G(ke>(a>O]9(b>(54(55>i_>5(G84(?9Nd95>O9(59(f9b9d9(8OeOd9`8_OJ

&4G(>ba>(64a8i4V(O4(b>(fe>d>(6>d8G(̀ 4O(>5(68b64(G9b>G4(9(a4d9b(59b(>Oa8d9d>bJ&G>`8b96>Oa>(>O(59b(O>N4`89`84O>b(d>5(aG9a9d4(d>(587G>(̀ 46>G`84(=9c(eO(feOa4geOd96>Oa95(d>O468O9d4(9b86>aG]9bV(̀ 4O(79b>(>O(>ba4(O4b4aG4b(O4(>ba964b(>O`9f9`8d9d(d>(69O>j9G(59(8Og4G69`8_O(̀ 464(59(69O>j9O(>O("ba9d4b($O8d4bJ("b86f4Ga9Oa>(>Oa4O`>b(f>d8G(eO(aG9a968>Oa4(>bf>`895(`e9Od4(O4(b>(fe>d>(`e6Qf58G(̀ 4O(>b4V(=9c(ke>(>OaG9G(9(>baed89G(59b(d8g>G>O`89bJ(05(47b>Gi9G(c(d>a>G68O9Gd_Od>(b>(>baM(g9559Od4(>O()4546789V(b>(>O`e>OaG9O(b8ae9`84O>b(d>(G>bfe>ba9b`4OaeOd>Oa>bV(̀ 464(59(ke>(G>`87](>O(eO(6eO8`8f84(d>(+e`G>V(d4Od>(95(g8O958^9G59(̀ 9f9`8a9`8_O(ke>(>ba979(G>958^9Od4(b47G>(59(,>c(ZWV(eO(̀ 4O`>j95(b>(9`>G`_(c6>(d8j4(m48N9(d4`a4G(6ec(7e>O9(be(>qf4b8`8_OV(f>G4(b97>(eO9(̀ 4b9(>b9(5>c(ZWO4(=9(f>N9d4(f4G(9ke]mJ

D9c(ke>(68O868^9G(54b(fG475>69b(d>(G8>bN4b(64G95>b(c(b>5>``8_O(9di>Gb9V(9=]a4d4b(>ba4b(g9`a4G>b(6>a4d45_N8`4b(b>(>O`e>OaG9O(e78`9d4b(>O(eO4b(646>Oa4b

KKWKKWKKWKKWKKW

d>a>G68O9d4b(d>5(9``84O9G(fH758`4V(>Oa4O`>b(d>`864b(̀ eMOd4(>OaG9(>O(je>N4(>5G8>bN4(64G95(c(59(b>5>``8_O(9di>Gb9(fe>b(O4(O>`>b9G896>Oa>(b>(d9(>ba9(̀ e9Od4b>(9djed8`9O(54b(̀ 4OaG9a4b(b8O4(ke>(fe>d>(8G(=9ba9(59(>5974G9`8_O(d>(54b(f58>N4bV>O(54b(`eM5>b(54(HO8`4(ke>(g95a_(ge>(59(g4a4(d>(9(ke8hO(b>(5>(d>7]9(>OaG>N9G(>5`4OaG9a4J

$ba>d>b(f4dGMO(>O`4OaG9G( ke>(>O(H5a869b( >b( 8Og4G69`8_O( `4O(79b>( >O(eOaG979j4(d>()4OaG954G]9V(f4Gke>(59()4OaG954G]9(O4(fe>d>(b>G(m59(6959(d>5(f9b>4mJ"ba9(8Og4G69`8_O(47a>O8d9(f4G(59()4OaG954G]9V(O4(f4G(f9Ga8`e59G>bV(a8>O>(ke>b>G(eO(9f4Ga>(95("ba9d4(f9G9(6>j4G9G(be(`9f9`8d9d(8Oba8ae`84O95(O4(b>(aG9a9b454(d>(>O`4OaG9G(eO9(b>G8>(d>(=>`=4b(d9n8O4b(=9`89(a4d9(59(>baGe`aeG9(d>5"ba9d4(47a>O>G(59(b9O`8_O(d>(54b(`e5f975>bJ(D9c(ke>(b958G(d>5(`4O`>fa4(d>(ke>>5(g8O(d>(59()4OaG954G]9(>b(b9O`84O9G(geO`84O9G84bV(c(G>>6f59^9G54(f4G(59(8d>9(d>ke>(eO4(d>(54b(47j>a8i4b(>b(9ced9G(9(6>j4G9G(be(N>ba8_OJ

->O>64b(>5(9bf>`a4(G>g>G>Oa>(ke>(c9(=97]964b(aG9a9d4(d>(ke>(b8(b>(>O`e>OaG9Og9`a4G>b(ke>(i9O(>O(`4OaG9(d>5(f9aG864O84(fH758`4(>b(O>`>b9G84(a469G(9``84QO>bJ("O(>5(9Ga]`e54(!S(b>(>O`e>OaG9(eO9(9O4a9`8_O(8Oa>G>b9Oa>(G>59`84O9d9(̀ 4O>b9(>i95e9`8_O(d>(f45]a8`9b(fH758`9bV(`4O(59(`e95(i964b(9(6>d8G(59(N>ba8_O(d>59(>Oa8d9d(4(d>(59b(>Oa8d9d>b(ke>(a8>O>O(ke>(>j>`ea9G(gG>Oa>(9(eO9(d>a>G68O9d9f45]a8`9(c(9b](54b(G>be5a9d4b(47a>O8d4b(54b(i964b(9(`Ge^9G(`4O(54b(G>be5a9d4bd>b>9d4bJ()4O(>ba4(i45i>64b(9(59(g8NeG9(d>5(64d>54(fG>b`G8fa8i4V(>5(d>7>G(b>Gf9G9(f4d>G54(`46f9G9G(`4O(>5(64d>54(fG9N6Ma8`4(d>(`_64(54(=8`8>G4OJ

0ke](>O`4OaG964b(4aG4b(9bf>`a4b(6>a4d45_N8`4b(c(59(fG>NeOa9(o`eM5>b(b4O(54b6ha4d4b(ke>(b>(d>7>O(b>Ne8Gp(->O8>Od4(>O(`e>Oa9(ke>(>O(>ba>(feOa4(b>(>ba9Q75>`>O(7Mb8`96>Oa>(d4b(6ha4d4b(eO4b(>q(9Oa>(c(4aG4b(>q(f4baJ(1>7>64b(b97>Gkeh(c(`_64(=9c(ke>(68G9GV(f4G(>j>6f54(ke>(b>(d>7>(=9`>G(eO9(>i95e9`8_O(>q9Oa>(d>(86f9`a4(9678>Oa95J("b(86f4Ga9Oa>(f9G9(eba>d>b(b97>G(`_64(b>(=9`>>b4V(f4Gke>(b8(O4(b>(i9O(9(>O`4OaG9G(̀ 4O(>5(9d>g>b84(ke>(be`>d>(>O()4546789Vke>(G>958^9O(eO(>baed84(d>(86f9`a4(9678>Oa95V(ke>(95(g8O95(O4(a>G68O9(`e6Qf58>Od4(̀ 4O(54b(i>Gd9d>G4b(G>ke>G868>Oa4bJ

+>(fe>d>(fG>b>Oa9G(>Oa4O`>b(ke>(>O(̀ 9d9(eO4(d>(>ba4b(feOa4b(>q8ba9(eO9(Ne]96>a4d45_N8`9V(fe>b(>O(>5(>baed84(d>( 86f9`a4(9678>Oa95(b>(d>7>O(47b>Gi9G9bf>`a4b(`464(>i95e9`8_O(d>5(86f9`a4(d>(NhO>G4V(68O4G]9bV(f4759`8_O(ie5O>QG975>V(9d>6Mb(a>O>G(>O(`e>Oa9(ke>(>5(9``84O9G(d>5("ba9d4(O4(>b(G>958^9d4(f4GeO(NGef4(d>(dhbf4a9b( 85ebaG9d4b( `464(>O( 59( hf4`9(fG>i89( 9( 59( G>i45e`8_OgG9O`>b9(c(ke>(54b(G>`>fa4G>b(O4(b4O(eO9(69b9(d>(O>`>b8a9d4bV(fe>b(>b(9b]6Mb(4(6>O4b(`464(b>(f8>Ob9O(59b(`4b9bJ

)464(d>`]9(59(1G9J(?9Gi9V(=9c(g9554b(d>(59()4Ga>(%Oa>G96>G8`9O9(d>(1>G>`=4bDe69O4b(c(eO4(d>(>554bV(5>b(G>f8a4V(>b(>5(8Og4G6>(4(54b(>baed84b(d>(86f9`a49678>Oa95(ke>(d>7>(G>958^9G(>5("ba9d4(c(O4(54b(f9Ga8`e59G>bJ('aG4(9bf>`a4(>b

KK!KK!KK!KK!KK!

ke>(>5("ba9d4(d>7>(d>a>G68O9G(c(`47G9G(f4G(8Ne95(9(eO9(4g8`8O9(d>(`4Obe5a4G]9J0ke](b>(i9O(9(>O`4OaG9G(`9d9(eO4(d>(54b(`46f4O>Oa>b(d>(59(>i95e9`8_O(>q9Oa>V(>O(59(ke>(b>(d>7>(a>O>G(eO9(6>a4d454N]9(95(8Ne95(`464(be`>d>(`4O(59(>qf4baJ(-95(i>^(59(f9Ga>(6Mb(d8g]`85(>b(>ba9V(59(>i95e9`8_O(d>(86f9`a4V(f4Gke>(>586f9`a4(b>(i>(9(59GN4(f59^4V(`464(5>b(d>`]9V(b8(eba>d>b(i9O(9(>i95e9G(86f9`a4a8>O>O(ke>(68G9G(9beOa4b(ke>(55>N9G4O(c(b>(=8`8>G4O(=9`>(KW(9n4bV(O4(9=4G8a9f4Gke>( a4d9i]9( O4( b>( b97>( `_64( i9( 9( b>G( c( >b4b( b4O( 54b( 9bf>`a4b( 6Mb`46f58`9d4bJ

(-4d4(>ba4(>b(eO(G>be6>O(d>5(a>qa4(d>(59(G>b45e`8_OV(ke>(>b(d>(NG9O(86f4Ga9OQ`89(c(>b(d8g>G>Oa>(9(59(>i95e9`8_O(d>(f45]a8`9bV(d>(fG4NG969b(c(d>(fG4c>`a4bJD9c(eO(`9f]ae54(>bf>`895(f9G9(>i95e9`8_O(d>(f59O>b(d>(d>b9GG4554l(9=4G9(59)4OaG954G]9(>ba9G]9(>O(̀ 9f9`8d9d(d>(>OaG9G(9(>i95e9G(c(=9`>G(b>Ne868>Oa4(9(54bf59O>b(d>(d>b9GG4554(d>(54b(N47>GO9Oa>bJ(05N4(6Mb(86f4Ga9Oa>(9HO(59()4OaG954G]9a>OdGM(59(g9`e5a9d(d>(ma4`9G(95(8Oa4`975>m(ke>(b>(55969(&59O>9`8_O(*9`84O95(c`464(8Od8`9V(>5(>baed84(8O`5e8GM(eO(`4O`>fa4(b47G>(59b(6>a4d454N]9b(d>b9GG4Q559d9b(f4G(&59O>9`8_O(*9`84O95(>Oa4O`>b(f4G(fG86>G9(i>^(b>(5>(f4dGM(d>`8G(9&59O>9`8_O(*9`84O95(ke>(O4(54(>baMO(=9`8>Od4(78>OJ

0(`4Oa8Oe9`8_O(`46>Oa9G>64b(eO(>baed84(d>(`9b4(d>(>i95e9`8_OJ("O(fG86>G5eN9GV(=9c(eO(`9b4(d>(eO9(>i95e9`8_O(d>(59(f45]a8`9(`G868O95(>O(54b("J($J(+>fG>b>Oa9(>O(54b(9n4b(TW(`e9Od4(>q8ba]9(>5(a>64G(d>(ke>(b>(d8bf9G9G9(59(`G868QO958d9dV(>qf>Ga4b(>qf4O]9O(be(f4b8`8_O(c(54b(]Od8`>b(5>b(d>`]9O(ke>(>b9(>G9(59f>4G(hf4`9(d>(`G868O958d9d(=9ba9(>5(646>Oa4J(0(G9]^(d>(>b4V(>5(fG>b8d>Oa>)58Oa4O(9`59G_(ke>(a>O]9O(95G>d>d4G(d>(Y(9n4b(f9G9(b45e`84O9G(>5(fG475>69(d>59(d>58O`e>O`89(jei>O85(4(>5(f9]b(b>(i>G]9(8O6>Gb4(>O(>5(`94b(c(beb(be`>b4G>b(O4fG4OeO`89G]9O(d8b`eGb4b(9`>G`9(d>(59b(69G9i8554b9b(4f4GaeO8d9d>b(d>(59(>`4QO_68`9(N54795(b8O4(ke>(aG9a9G]9O(ke>(59(N>Oa>(b47G>i8i8>G9(>O(59b(`955>b(d>(59b`8ed9d>bJ

"b9(>G9(59(9ONeba89(d>5(fG>b8d>Oa>()58Oa4OJ(1eG9Oa>(59(>i95e9`8_O(d>(59(8Og4GQ69`8_O(G>`4N8d9(b>(>O`4OaG9G4O(G>be5a9d4b(97beGd4b(fe>b(54(ke>(>bf>G979ke>( b>( d8bf9G9G9( =97]9( >6f>^9d4( 9( 79j9G( c( >5( 9OM58b8b( d>( f4G( keh( >ba979be`>d8>Od4(879(>O(`4OaG9i]9(d>(54b(>baed84b(ke>(b>(=97]9O(>5974G9d4(9Oa>G84GQ6>Oa>J("ba4(>b(8Oa>G>b9Oa>(f4Gke>(G>be5a9(ke>(54b(>qf>Ga4b(O4(=97]9O(9Oa8`8f9Qd4(>5(d>b`>Ob4(>O(59(`G868O958d9d(ke>(>OaG>(4aG9(`4b9(c9(b>(>ba979(i8>Od4(ca4d9b( 59b(a>4G]9b(G>be5a979O(9f9G>Oa>6>Oa>( 5_N8`9bJ($O(>baed84(d>64baG979ke>(KW(9n4b(9aGMb(eO9(6e`=9`=9(55969d9(*4G69(?`)4Gi>cV(eO9(6ej>G(>Ob8ae9`8_O(d>(ie5O>G97858d9d(86fG>b84O9Oa>V(ke>(=97]9(a>O8d4(d4b(=8j4bV(54b(=9Q7]9(>OaG>N9d4(>O(9d4f`8_O(c(>ba979(Oe>i96>Oa>(>679G9^9d9(c(f4G(>b4(5>bd8j4(9(54b(>OaG>i8ba9d4G>bV(ke>(>559(54(HO8`4(ke>(9bf8G979(>G9(974Ga9GV(O4(ke>G]9aG9>G(>b>(=8j4V(f4Gke>(b97]9(keh(5>(879(9(f9b9GJ

KKKKKKKKKKKKKKK

"ba9(6ej>G(fG>b>Oa_(eO9(d>69Od9(b47G>(59(ke>(g8O956>Oa>(g955_(59()4Ga>(+eQfG>69(d>(54b("J($J(c(ge>(59(g964b9(b>Oa>O`89(ke>(5>N958^_(>5(974Ga4(>O(54b("J$JV>O(>b>(646>Oa4(>6f>^9G4O(9(6>d8G(59b(̀ 4b9b(c(b>(d8>G4O(̀ e>Oa9(d>(95N4(c(ke>fGM`a8`96>Oa>V(9eOke>(be>O>(6ec(deG4V(b>(=97]9(a4`9d4(59(ge>Oa>(>5(4G8N>O(59`G868O958d9d(>O(59b(^4O9b(6Mb(d>fG868d9b(d>(54b("J$J(c(d>(a4d4(>5(NGef4(d>>qf>Ga4b(ke>(=97]9O(9O958^9d4(>5(a>69(d>bd>(d8i>Gb4b(feOa4b(d>(i8ba9(O8ONeO4=97]9( 9`>Ga9d4( >O( 95NeO9( d>( 59b( `9eb9bl( f4G( >b4( 5>b( d8N4(=4c(O4(fe>d>Oeba>d>b(9O958^9G(O9d9(d>(54(ke>(>bah(>O(`968O4V(b8O4(ke>(=9c(ke>(>bf>G9GJ

<964b(9=4G9(9(i>G(4aG4b(̀ 9b4b(d>("ba9d4b($O8d4b(>O(1>Oi>G(c(>O(E9b=8ONa4OVd4Od>(=97]9(eO9(95a9(`G868O958d9d(f4G(59(68b69(hf4`9J(,4(97beGd4(>b(ke>(>OE9b=8ONa4O(=97]9(eO9(NG9O(`9Oa8d9d(d>(f458`]9bV(`9b8(>5(aG8f5>(ke>(>O(1>Oi>GVf>G4(>O(E9b=8ONa4O(>ba979(59(`G868O958d9d(d8bf9G9d9V(>Oa4O`>b(95Ne8>O(d8j4ke>(54(HO8`4(ke>(>qf58`979(>b>(g>O_6>O4(>G9(ke>(54b(ke>(>ba979O(69a9Od4(959(N>Oa>(>G9O(54b(f458`]9bV(54(=9`]9(`4O(`8gG9b(G>95>b(f>G4(`4O(eO(je8`84(6ec6954J(&4G(>b4(=9c(ke>(a>O>G(`e8d9d4(d>(59b(`4O`5eb84O>b(ke>(b>(b9`9OJ

"5(ke>(i8>O>(a9678hO(>b(eO(`9b4(`8>Ga4V(>5(29G(&>dG4(%(d>(.eb89(>OgG>Oa_(eO9>f8d>689(c(>O(59(fG4i8O`89(d4Od>(=97]9(6Mb(6hd8`4b(>G9(d4Od>(=97]9(6Mb6e>Ga4bV(h5(b45e`84O_(>5(fG475>69(69a9Od4(9(a4d4b(54b(6hd8`4bV(55>N_(9(59`4O`5eb8_O(d>(ke>(59(64Ga958d9d(>G9(d8G>`a96>Oa>(fG4f4G`84O95(95(OH6>G4(d>6hd8`4bJ

"ba>(>b(eO(`9b4(ke>(eba>d>b(54(d>78>G4O(i>G(>O(59(fG>Ob9V(>5(5eO>b(9f9G>`8>G4O59b(>ba9d]ba8`9b(d>( 59(+4`8>d9d()4546789O9(d>(*>eG454N]9(b>NHO( 59b(`e95>ba>O>64b(XW(685(`9b4b(d>(9``8d>Oa>b(`>G>7G4(i9b`e59G>b(>O()4546789(d>(54b`e95>b(>5(KS(w(>b(d>`8G(!W(685(f>Gb4O9b(6e>G>O(f4G(d>GG96>(̀ >G>7G95V(>O(>ba>646>Oa4(beGN>(eO9(8Oke8>aedV(o`eMOa4b(b4O(54b(6e>Ga4b(f4G(9`a4b(a>GG4G8ba9bpV9=](>baMO(59b(`8gG9b(ke>(9GG4j9OU(!KWW(f>Gb4O9b(>O(eO(9n4J

0O958^9Od4(54b(d9a4b(i8>O>(59(fG>NeOa9V(fG86>G4(d>bd>(>5(feOa4(d>(i8ba9(d>b95ed(>b(ke>(ob>(69O>j9(6Mb(fG>befe>ba4(f9G9(59(b95edV(4(6Mb(fG>befe>ba4f9G9(`4OaG459G(>5(a>GG4G8b64p(c(54(b>NeOd4V(=9c(eO9(`4O`>f`8_O(b>NHO(59(`e9559(N>Oa>(̀ 4Ob8d>G9(ke>(64G8G(>O(9`a4b(d>(a>GG4G8b64(>b(>bf9Oa4b4V(64G8Gb>(d>eO(d>GG96>(>b(`4Ob8d>G9d4(O4G695V(`464(>5(`e>Oa4(d>(m59(i8>j8a9(O4(6eG8_(d>O9d9(NG9i>mJ(&4d>64b(f59Oa>9G(eO9(H5a869(8Oke8>aed(95(G>bf>`a4U(oke8hO(>b6Mb(f>58NG4b4(>O()4546789V(59(Ne>GG8559(4(>5(`=4G8^4pV(oke8hO(69a9(6MbV(59Ne>GG8559(4(>5(`=8`=9G4OpV(59(G>bfe>ba9(>b(ke>(69a9(6Mb(>5(`=8`=9G4OJ

<964b(9(i>G(d4b(`9b4b(9`ae95>bV(>O(>ba>(646>Oa4(=9c(>O()=85>(eO(d>79a>fH758`4(86fG>b84O9Oa>(f4G(59(f45]a8`9(d>(fG>i>O`8_O(>O(>5(b>`a4G(b95ed(f9G99a>Od>G(59b(d4b(`9eb9b(d>(69c4G(OH6>G4(d>(6e>Ga4b(f4G(`MO`>G(>O(>5(6eOd4c(>bf>`8956>Oa>(>O()4546789V(>O(>5(̀ 9b4(d>(54b(=467G>b(>5(̀ MO`>G(d>(fG_ba9a9c(>O(>5(`9b4(d>(59(6ej>G>b(>5(`MO`>G(d>(b>O4J("O()=85>(b>(59O^_(eO9(`96f9n9

KKLKKLKKLKKLKKL

f4G(a>5>i8b8_OV(8O8`8_(59(b>69O9(9Oa>f9b9d9(c(d>b9a_(eO9(`4OaG4i>Gb89(a>GG875>b47G>(>5(i8d>4(ke>(9f9G>`8_(>O(a>5>i8b8_O(ke>(a8>O>(eO9(gG9b>U(mb8(a9Oa4(O4bNeba9O(d>7>G]964b(`e8d9G59bmJ

,9(`96f9n9(7eb`9(8O`>Oa8i9G(9(59(6ej>G(9(eO(>q96>O(d>(6969(f>G4(beb`8a_59(NG9O(d8b`eb8_OV(c4(5>(fG>NeOa>(95(̀ 46f9n>G4(>O(ke>(a>G68O_(a4d4(c(G>bf4OQd8_(m>O(>ba>(646>Oa4(bebf>Od8>G4O(>5(`46>G`895V(b>(8O8`8_(eO9(8Oi>ba8N9`8_Of4G(d>aG86>Oa4(f9aG864O895(f4Gke>(`4ba4(eO9(68554O9d9(d>(f59a9V( 879(9(b>Gd8geOd8d4(deG9Oa>(L(6>b>b(c(deG4(!S(d]9bmV(>6f>^9G4O(54b(64i868>Oa4b(g>68QO8ba9bV(59(8N5>b89(c(9=](>baMO(59b(8Og4G69`84O>b(d>(fG>Ob9(ke>(d8`>O(ke>(>b>(O4>b(eO(̀ 46>G`895(d>(fG>i>O`8_O(d>5(̀ MO`>GV(>b(eO(̀ 46>G`895(>G_a8`4(c(54(b9`9G4Od>5(98G>J

)464(c9(=975964b(d>(59b(6ej>G>b(9=4G9(i964b(9(=9759G(d>(54b(=467G>bV(>OeO(f9]b( `464(>5( Oe>baG4(ke>( a8>O>(eO9(f9Ga8`e59G8d9dV( >5(&G>b8d>Oa>( d>( 59.>fH758`9(c(>5(<8`>fG>b8d>Oa>(9OeO`89G4O(̀ MO`>G(d>(fG_ba9a9V(>5(&G>b8d>Oa>(>Obe(9OeO`84(95(f9]b(=9754(d>(59(fG>i>O`8_O(c(b454(=9c(d4b(6ha4d4b(f9G9(=9`>G54eO4(>b(>5(>q96>O(d>(9Oa]N>O4(fG4baMa8`4(c(>5(4aG4(9(aG9ihb(d>5(a9`a4V(>Oa4O`>b54(ke>(>baMO(=9`8>Od4(>5(&G>b8d>Oa>(c(>5(<8`>fG>b8d>Oa>(>b(eO9(8Oi8a9`8_O(9(59f4759`8_O(>O(G8>bN4(V(beN8G8>Od4U(mi>9(dhj>Ob>(=9`>G(>b4mJ(*4(O4b(=9O(d8`=4`_64(>b(59(`96f9n9(d>(fG>i>O`8_O(4(b8(=9c(4aG4b(6ha4d4bJ

KKXKKXKKXKKXKKX

"ba>(587G4(b>(a>G68O_(d>(86fG868G>O(>5(6>b(d>(18`8>67G>(d>(KW!K

>O( 54b(-955>G>b(@GMg8`4bd>(,8a4NGMg8`9b(&97_O