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'M;9K @9 L=FA<G LJ=K K=;M=D9K <= D EAKEG <= ;GE=<A9 GEUF J L 9N=FLMJ9K =PYLA;9K G FA LJA
A;9
H JG<M; LG J Q @9 ;J=9<G MF ;A;DG <= b9N=FLMJ9K ?9 HKA;GDY?A;9 * HG IM= ;GFKLALMQ=F J =KH=;A9DAR9
=KH9;A9D=Kc = ;AF=D MLM K> 9 NAGD=FLG JA L <= K=JA=K ;AGF=K H GHA9E=FL= <A;@9K =K <=;AJ ?VF=JGK <=F J
;GEG b(9< (9Pc b/=JEAF9LGJc Q GLJGK G 9 H9 J LJG <=D ?VF=JG ;9FYFA;G ;GEG KM;=<= ;GF = D
LAJ <= * = :: F 5:: &=F 'G9;@ KMJ?= =F "J9F @AKLY ;G JA D
G 9K H=DW;MD9K <= HAJ9L9K 'GK ;A; GK G D
J=L9X9 MF ;A; G <= D;GE=<A9K < 9EULA;9K J <= ;9JU; KM:?VF=JGK LA=F=F E=FG =F LA<9< =F ;M9FLG <=
J
L=J KG;A9D +GJ LG<G = G = KAKL=E9 <= DGK ?VF=JGK DD D G J<AF9 JAG FG HGK==F J9K?GK <A>=J=F;A9D=K <= =KLADG
=KLU =F H= E9F=F J = J==KLJM;LM
L 9; YFJ '9K A H G<M; J G ;GF>A?MJ9F MF : GIM= <A>=J=F;A9<G )G G:KL9FL= D
LGJ9K Q <AKLJ :M A <G A J9K >GE=F 9FL =K9 <A9DV;LA;9 9 D =KL9 <A>=J=F;A9 =F LJ= =KH=;A9DAR9;AGF=K Q KM:?VF=
HJ=K=FL9 KMK H=DW;MD9K K=?ZF AFL=J=K= =F >MF;AYF J JGK KA=EHJ= J=KMDL9JU <A>MK9 Q ;GFN=F;AGF9D KG:J=
<= DGK ?MKLGK <=D HZ:DA;G Q D9 F=;=KA<9< <= KGF<=9J LG<G HG JIM= = D VL JE FG A KM:?VF=JG KM= =D =EHD=9 J
GLJGK >ADGF=K ;GE=J;A9D=K ;GEG G: J9 H9 J9<A?EU LA K= ;GF ;9 U;L= H=QGJ9LANG H9 9 JJ=>=JAJK= 9 N9 9F
J J JA
;9 <= MF ;A;DG G ?VF=JG G HGJ =D ;GFLJ9 JAG ;GEG L D
=K Q ;A; GK <= =K;9K9 ;9DA<9< <=F G <=D ?VF=JG LJ
9HG JL9;AYF FGN=<GK9 IM= =KLU EUK 9DDU <= ;M9D ;9FYFA;G 0F9K Q G GKLJK= < K F?M=F A LA <= DGK ?VF=
IMA=J ;D9KA> A;9;AYF JGK @W: JA<GK Q <= DGK AFL= J?VF=JGK =F ;M9F LG ;D9J9
'9 DAKL9 <= ?VF=JGK HM=<= K=J AFL=JEAF9:D= E=FL= K= KALZ9F <=F LJG <=D =KH9;AG ;GF;=HLM9D <= D
HM=K <=F LJG <= ;9<9 ?VF=JG @9Q EZDLAHD=K N9 JA9F ?VF=JG G JA?AF9JAG
L=K Q ;A;DGK <= D9 EAKE9 E9F= J9 IM= @9Q ?VF=JGK 'GK ;SB9 FC G <T6F=8C G KGF 9IM=DDGK >G JE9<GK
@W: <GK AFL=J?VF=JGK Q H=DW;MD9K IM= K= HM=<=FJA HG J MF ;9LUDG?G <= H=DW;MD9K ;D9J9E=FL= A<=FLA>A;9
=F;M9< J9 J =F EUK <= MFG '9 ;GEHD=BA<9< <= D : = ;MQ9K G: D9K H9 ; H9FJ KAEMDLUF=9E=FL= JLA A <=
9KMFLG FG <=:= <AKM9< <= MF9 LAHGDG?W9 IM= KAJN9AJ EUK <= MFG <= DGK ?VF=JGK ;9FYFA;GK K WKM;=<=
H9 9 = ;GF MFLG Q IM= 9 FM=KLJG BMA;AG Q ;GFJ LG<9K D B HG =B=EHDG J ;GF D9 ;GE=<A9 < 9EU ;9J G D9LA;GE=
9KD J=K=JN9K F=;=K9JA9K HM=<= ;GFKAKLA =F J LJ=K <A9 EMKA;9D F J=9DA<9< KGF =KH=;A9DAR9;AGF=K IM=
? J9F<=K :DGIM=K 5 ?VF=JGK ;9FYFA;GK 6 ?VF=JGK @9F 9<IM <G AJA = KM>A;A=FL=
D <=K9 GDDG JJ Q =F A<9< L
@W: JA<GK Q ; AFL= J?VF=JGK G ;A; DGK AFL=J?=FVJA;GK ;GEG H9 9 AF<=H=F<AR9JK= <= DGK ?VF=JGK G ? F9A
J JA
+GJ DG IM= K= J=>A=J= 9 H E= :DGIM= K= @9F D JA=KL9 J JAGK = @=;@G 9D?MFGK <= DGK ?VF=JGK ;9FYF A;GK Q
:D=;A<G DGK KA?MA=FL=K ?VF=JGK E9QGJ=K G ;9FYF A <= DGK ?VF=JGK E=FGJ=K KGF @W: JA<GK HG J=B=EHDG
;GK <J9E9 G E=DG< J9E9 O=KL=JF ;GE=<A9 EMKA KM=D= K=J @9:ALM9D IM= = D ;AF= <= ;A=F;A9 >A;;AYF
;9D L=JJG J >9FLUKLA;G G ;A=F;A9 >A;;AYF 9N=FLMJ9K G ;GEH9 JL9 =D=E=FLGK <= D ;AF= >9FLUKLA;G <= D <=
9;;AYF Q ;JAEAF9D ;AF= F=?JG HGDA;W9;G L@ JADD=J L= JJG J G <= D ;AF= <= 9N=FLMJ9K G IM= D9 E9QGJW9 <=
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=PAKL=F GLJGK =D=E=FLGK ;GEG D9 E9L= JA9 =PHJ=KA ;D9KA>A;9;AYF JW?A<9
N9 D9 L=EULA;9 G D9 9E:A=FL9;AYF Q D9 M:A;9;AYF +GJ ZDLAEG DGK 7=7 C B 9 ;9BS 7C G AF = ?V
=KH9; G =EHG 9 KL9 ;D9KA>A;9;AYF KM >A; A=FL= F= JGK =KLUF >G JE9<G HG@ JG;9LUDG?GK = H F F=<= GH=DW;MD9K L J
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;G Q D9 ; =F;A9 > ;;AYF A Q 9:MF<9F DGK KGD9H9EA=F
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A ;AF= <=
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