<br />GSQQYRMGEXMSRHIZMGIWERHIUYMTQIRX <br />-GSQTPIXIHER17MRREXYVEPVIWSYVGIWERH[MPHPMJI <br />QEREKIQIRXJVSQXLI9RMZIVWMX]SJ;MWGSRWMR7XIZIRW4SMRXERHIEVRIHE4L(EX1MGLMKER <br />7XEXI9RMZIVWMX]MR[MPHPMJIIGSPSK]ERHQEREKIQIRX1SVIVIGIRXP]-[EWHIWMKREXIHEWE <br />©'IVXMJMIH;MPHPMJI&MSPSKMWXª <br />';& <br />F]8LI;MPHPMJI7SGMIX] <br /> <br />-LEZIWIVZIHSRXLI&SEVHSJ1EREKIVWSJXLI;EWLMRKXSR&MSPSKMWXW¬*MIPH'PYFERH[EW <br />RSQMREXIHJSVQIQFIVWLMTMRXLI'SWQSW'PYF-EPWSEQEQIQFIVSJRYQIVSYWTVSJIWWMSREP <br />WSGMIXMIW%HHMXMSREPP]-WIVZIHSRXLI7XIIVMRK'SQQMXXIISJXLI)RHERKIVIH7TIGMIW'SEPMXMSR <br />FIJSVIFIMRKSJJIVIHEFVERGLGLMIJ¬WTSWMXMSRMR[MXLXLI(MZMWMSRSJ1MKVEXSV]&MVH <br />1EREKIQIRX-R-VIGIMZIHXLI'SRWIVZEXMSR7IVZMGI%[EVHJVSQXLI7IGVIXEV]SJ-RXIVMSV <br />JSVFMVHGSRWIVZEXMSRIJJSVXW[MXLXLIIPIGXVMGYXMPMX]MRHYWXV] <br /> <br />-LEZIXIWXMJMIHSZIVXMQIWFIJSVI'SRKVIWWERHSXLIVKSZIVRQIRXEPFSHMIWMRVIKEVHXS <br />IRZMVSRQIRXEPMWWYIWERHGSRHYGXIHRYQIVSYWVIWIEVGLIJJSVXWKPSFEPP]-LEZITYFPMWLIHQSVI <br />XLERTVSJIWWMSREPERHTSTYPEVTETIVWGLETXIVWERHFSSOVIZMI[WERHKMZIRQSVIXLER <br />MRZMXIHTYFPMGTVIWIRXEXMSRW-WIVZIHSRXLI)HMXSVMEP%HZMWSV]&SEVHSJXLI <br />2EXYVI <br />1EKE^MRI[EWXLI[MPHPMJIGSRWYPXERXJSVXLI;EPX(MWRI]8SYGLWXSRI4MGXYVIW <br />'SRWIVZERG] <br />TVSHYGXMSRSJXLIQSZMI <br />FEWIHSR.EGO0SRHSR¬WFSSO <br />ERH-LEZIGSRHYGXIH <br />;LMXI*ERK <br />LYRHVIHWSJVEHMSERHXIPIZMWMSRMRXIVZMI[WERHFIIRI\XIRWMZIP]UYSXIHMRXLITVMRXQIHME- <br />LEZILIPHXIEGLMRKTSWMXMSRWEX1MGLMKER7XEXI9RMZIVWMX]+ISVKI1EWSR9RMZIVWMX]ERHXLI <br />97(%+VEHYEXI7GLSSP)ZIRMRK4VSKVEQWERH-GYVVIRXP] <br />WMRGI <br />EQER%HNYRGX <br />4VSJIWWSVJSV.SLRW,STOMRW9RMZIVWMX]¬W/VMIKIV7GLSSPSJ%VXWERH7GMIRGIW('GEQTYW <br />XIEGLMRKKVEHYEXIGPEWWIWMR[MPHPMJIIGSPSK]ERHGSRWIVZEXMSRFMSPSK]ERH[MPHPMJI <br />QEREKIQIRX-R3GXSFIV-GVIEXIHEPMQMXIHPMEFMPMX]GSQTER]GIVXMJMIHF]XLI <br />'SQQSR[IEPXLSJ:MVKMRME7XEXI'SVTSVEXMSR'SQQMWWMSR8LI00'MWREQIH <br />;MPHPMJIERH <br /> <br />,EFMXEX'SRWIVZEXMSR7SPYXMSRW00' <br /> <br />;L]%VI1MKVEXSV]&MVHW-QTSVXERX# <br /> <br />1MKVEXSV]&MVHW <br />1MKVEXSV]FMVHW¨MIXLSWIXLEXQMKVEXIEGVSWW97'EREHMERERHSV1I\MGERFSVHIVWSJ <br />[LMGLWTIGMIWEVIGYVVIRXP]TVSXIGXIHMRXLI9RMXIH7XEXIW <br />'*6PMWX <br />EVIE <br />TYFPMGXVYWXVIWSYVGIQIERMRKXLI]FIPSRKXSIZIV]SRI%PQSWXEPP2SVXL%QIVMGERGSRXMRIRXEP <br />FMVHWEVITVSXIGXIHF]XLI1&8%8LI%GXMQTPIQIRXWERHVIKYPEXIWFMPEXIVEPTVSXSGSPW[MXL <br />'EREHE1I\MGS.ETERERH6YWWME-XMWEWXVMGXPMEFMPMX]WXEXYXITVSSJSJGVMQMREPMRXIRXMRXLI <br />MRNYV]SVOMPPMRKSJFMVHWMWRSXVIUYMVIHF]EYXLSVMXMIWJSVGEWIWXSFIQEHI <br />8LIWXEXYXIERHMXWVIKYPEXMSRWTVSXIGXQMKVEXSV]FMVHWXLIMVTEVXWIKKWJIEXLIVWERHRIWXWJVSQ <br />YRTIVQMXXIHTSWWIWWMSRERH©XEOIª <br />MIYRTIVQMXXIHMRNYV]GVMTTPMRKPSWWSVOMPPMRK <br /> <br />1MKVEXSV]FMVHRIWXWEVITVSXIGXIHHYVMRKXLIFVIIHMRKWIEWSR[LMPIIEKPIRIWXWEVITVSXIGXIH <br />]IEVVSYRH)JJSVXWEVIGYVVIRXP]YRHIV[E]F]97*;7XSHIZIPSTETIVQMX[LIVIYRTIVQMXXIH <br />©XEOIªGSYPHFIEPPS[IHYRHIV1&8%XLEXTVSGIWWFIKERMR%*IHIVEPTIVQMXMWVIUYMVIH <br />XSTSWWIWWEQMKVEXSV]FMVHERHMXWTEVXWFYXXLI1&8%GYVVIRXP]TVSZMHIWTVSZMWMSRJSVXLI <br />RS <br />EGGMHIRXEPSVMRGMHIRXEP©XEOIª <br />GEYWMRKMRNYV]GVMTTPMRKPSWWSVHIEXL <br />SJETVSXIGXIHQMKVEXSV] <br />FMVHIZIR[LIRSXLIV[MWIRSVQEPPIKEPFYWMRIWWTVEGXMGIWSVTIVWSREPEGXMZMXMIWEVIMRZSPZIH <br />WYGLEWXLISTIVEXMSRSJER%8 <br />GIPPXS[IVXLEXVIWYPXWMRFMVHMRNYVMIWERHSVHIEXLW <br /> <br />