University of Miami Scholarly Repository Open Access Theses Electronic Theses and Dissertations 2012-05-08 British Petroleum's Use of Image Restoration Strategy on Social Media and Response After the 2010 Gulf Oil Spill Katherine Rogers University of Miami, [email protected] Follow this and additional works at: http://scholarlyrepository.miami.edu/oa_theses Recommended Citation Rogers, Katherine, "British Petroleum's Use of Image Restoration Strategy on Social Media and Response After the 2010 Gulf Oil Spill" (2012). Open Access Theses. 334. http://scholarlyrepository.miami.edu/oa_theses/334 This Open access is brought to you for free and open access by the Electronic Theses and Dissertations at Scholarly Repository. It has been accepted for inclusion in Open Access Theses by an authorized administrator of Scholarly Repository. For more information, please contact [email protected]. UNIVERSITY OF MIAMI BRITISH PETROLEUM’S USE OF IMAGE RESTORATION STRATEGY ON SOCIAL MEDIA AND RESPONSE AFTER THE 2010 GULF OIL SPILL By Katherine Rogers A THESIS Submitted to the Faculty of the University of Miami in partial fulfillment of the requirements for the degree of Master of Arts Coral Gables, Florida May 2012 ©2012 Katherine Rogers All Rights Reserved UNIVERSITY OF MIAMI A thesis submitted in partial fulfillment of the requirements for the degree of Master of Arts BRITISH PETROLEUM’S USE OF IMAGE RESTORATION STRATEGY ON SOCIAL MEDIA AND RESPONSE AFTER THE 2010 GULF OIL SPILL Katherine Rogers Approved: ________________ Don W. Stacks, Ph.D. Professor of Public Relations ________________ Joseph Treaster, M.S. Professor, John S. and James L. Knight Chair in Cross-Cultural Communication _________________ Shannon Campbell, Ph.D. Assistant Professor of Public Relations ________________ Terri A. Scandura, Ph. D. Dean of Graduate School ROGERS, KATHERINE British Petroleum’s Use of Image Restoration Strategy on Social Media and Response After the 2010 Gulf Oil Spill Abstract of a thesis at the University of Miami. (M.A., Communications) (May 2012) Thesis supervised by Professor Don Stacks. No. of pages in text. (53) As the population and use of social media platforms increase, so does the role they play in crisis communication. This study focuses on how BP used social media, specifically Twitter, as a platform for their public relations response to the devastating 2010 Gulf Oil Spill. Additionally, this study focuses on identifying how social media users used Twitter as an avenue to reach out to BP on and voice concerns and attitudes after the spill. A content analysis of Tweets written in response to the spill was conducted and through that analysis it was determined that BP used Twitter as a way to disperse messages about how they were making things better or compensating people; while social media users used Twitter to attempt to engage with BP and voice negative opinions about many areas that were damaged because of the spill. By identifying how BP used Twitter and restoration strategies in the wake of the spill, it is possible to compare their use to best practices that have developed through academic research and existing case studies where social media and restoration strategy was used effectively. This can identify why BP’s response was not well received. By identifying how social media users used Twitter, it is possible to use this case study as an example of the importance of engaging with users and identifying areas of concern. This study has implications for public relations practitioners and all professionals who are charged with creating crisis communication plans. Limitations of the study and recommendations for future research were included. !"#$%&'(&)'*!%*!+& #$%&! '()*!+,!*$-'&)!................................./!!!!!!!!!!!!"0! 12$#*&3! 4 8 [ ; G (5*3+671*(+5!.........................../!!!!!!!!!!!!!4!!! ! '(*&3$*73&!3&9(&:!........................!!!!!!!!!!!!!;! +"<!)="<<!1>?@A!>BC!&DDAEF@!.....................////!!!!!!!!!!!!!G! 'AH><!(@@?A@I!'>EJ!KD!#LA=>LACBA@@!>BC!(M=>EF!KB!1<A>BN?=!.../!!!!!!!!!!!!!O! )"M"<>L"F"A@!PAFQAAB!&RRKB!9><CAS!>BC!-#!)="<<!..........!!!!!!!!!!!!!T! -#U@!)>DAFV!3AEKLC!>BC!7@A!KD!)KE"><!WAC">!............//!!!!!!!!!!!!!X! (M=>EF!KD!+"<!)="<<!KB!FYA!2A><FY!KD!%?<D!1K>@F!1"F"SAB@!......//!!!!!!!!!!4Z! *QK!*YAKLAF"E><!1L"@"@!WKCA<@!...................//!!!!!!!!!!4Z! $FFL"P?F"KB!*YAKLV!>BC!)"F?>F"KB!1L"@"@!1KMM?B"E>F"KB!*YAKLV!.!!!!!!!!!!44! 1L"@"@!1KMM?B"E>F"KB!3A@=KB@A!WKCA<@!..............!!!!!!!!!!!4[! 1KL=KL>FA!1KMM?B"E>F"0A!3A@=KB@A!WKCA<!............!!!!!!!!!!!4G! $!1Y>BH"BH!WAC">!&B0"LKBMABF!..................//!!!!!!!!!!!4T! )KE"><!WAC">!3A0K<?F"KB!>BC!1L"@"@!1KMM?B"E>F"KB!........!!!!!!!!!!4T! *YA!&B0"LKBMABF><!3A0K<?F"KB!...................!!!!!!!!!!!8Z! 3A@A>LEY!\?A@F"KB@!........................./!!!!!!!!!!!84! ! W&*2+6+'+%]!.........................../!!!!!!!!!!88! 7B"F@!KD!$B><V@"@!...........................!!!!!!!!!!88! )>M=<"BH!.............................../!!!!!!!!!!88! 1KC"BH!................................//!!!!!!!!!!8[! 1KC"BH!3A<">P"<"FV!..........................//!!!!!!!!!!8;! )F>F"@F"E><!$B><V@"@!..........................!!!!!!!!!!8;! ! 3&)7'*)!.............................../!!!!!!!!!!8G! 6A@EL"=F"0A!)F>F"@F"E@!........................//!!!!!!!!!!8G! *A@F!KD!3A@A>LEY!\?A@F"KB@!...................../!!!!!!!!!!8T! ! 6()17))(+5!.............................//!!!!!!!!![;! )?MM>LV!...............................!!!!!!!!!![X!!!!! (M=<"E>F"KB@!.............................//!!!!!!!!![^! '"M"F>F"KB@!>BC!6"LAEF"KB!DKL!,?LFYAL!3A@A>LEY!..........!!!!!!!!!;4! !!!!!!!3&,&3&51&)!................................///!!!!!!!!!;[! !!!!!!!$==ABC"R!$!..................................!!!!!!!!!;O! !!!!!!!$==ABC"R!-!..................................!!!!!!!!!G8! !!!!!!!$==ABC"R!1!..................................!!!!!!!!!G[! ! """! & $,+!&'(&!"#$%+& *>P<A!8N4_!$FFL"P?F"KB!*YAKLV!........................../!!!!!!!!!48! *>P<A!8N8_!-ABK"FU@!`4^^Ta!(M>HA!3A@FKL>F"KB!)FL>FAH"A@!...........//!!!!!!!!!4;! *>P<A!8N[_!-L>CDKLC!>BC!%>LLAFU@!`4^^Ga!3A@=KB@A!WKCA<!..........///!!!!!!!!!4O! *>P<A!;N4_!%ABCAL!KD!*QAAF!)ABCAL!......................./!!!!!!!!!8O! *>P<A!;N8_!#ALEABF>HA!KD!*QAAF@!1KBF>"B"BH!3A@FKL>F"KB!)FL>FAHV!...../////!!!!!!!!!8O! *>P<A!;N[_!3AEKLCAC!*KBA!KD!*QAAF@!6"LAEFAC!*KQ>LC@!-#!........../!!!!!!!!8X! *>P<A!;N;_!3AEKLCAC!,KE?@A@!KD!WA@@>HA@!...................//!!!!!!!!!8^! *>P<A!;NG_!*KBA!b!,KE?@!1LK@@!*>P?<>F"KB!...................//!!!!!!!!![Z! *>P<A!;NO_!%ABCAL!b!*KBA!1LK@@!*>P?<>F"KB!...................!!!!!!!![Z! *>P<A!;NT_!,KE?@!b!*KBA!1LK@@!*>P?<>F"KB!...................///!!!!!!!![Z! *>P<A!;NX_!(M>HA!3A@FKL>F"KB!)FL>FAHV!,LAc?ABE"A@!............../!!!!!!!![[! ! ! "0! #$%&'()!"! *+'),-./'0,+! 1$(!,02!3&022!0+!'$(!4.25!,5!6(70/,!'$%'!8(9%+!,+!:&)02!;<=!;<"<=!>%3!'$(!)(3.2'! ,5!%+!(7&2,30,+!%+-!50)(!),.9$2?!@<!A02(3!,55!'$(!/,%3'!,5!B,.030%+%C!D)0'03$! E('),2(.A!FDEG!,>+(-!%+-!,&()%'(-!'$(!H((&>%'()!I,)0J,+!-)0220+9!.+0'!>,)K0+9! ,+!%+!,55!3$,)(!(7&2,)%',)?!>(22!>$(+!A%25.+/'0,+3!/%.3(-!'$(!(7&2,30,+C!1$(! (7&2,30,+!/2%0A(-!'$(!20L(3!,5!""!A(+!>,)K0+9!,+!'$(!(7&2,)%',)?!>(22C!:3!'$(!50)(! 8.)+(-=!,02!&,.)(-!5),A!'$(!>(22!0+',!'$(!4.25!,5!6(70/,!%'!%+!(3'0A%'(-!)%'(!,5! MM=<<<!8%))(23!,5!,02!&()!-%?C!1$03!/,+'0+.(-!.+'02!N.2?!"M=!;<"<=!>$(+!'$(!>(22!>%3! 50+%22?!/%&&(-C!*+!','%2=!8('>((+!"OM!%+-!;<M!A0220,+!9%22,+3!,5!/).-(!,02!&,.)(-!0+',! '$(!4.25C!*+!%--0'0,+!',!'$(!')%90/!2,33!,5!205(=!'$(!3&022!&),L(-!',!8(!-(L%3'%'0+9!',! A%)0+(!205(!0+!'$(!4.25=!K0220+9!%+-!(+-%+9()0+9!/,.+'2(33!%+0A%23!%+-!(+'0)(!3&(/0(3C! 4.25!#,%3'!0+-.3')0(3!3./$!%3!503$0+9=!',.)03A=!%+-!)(%2!(3'%'(!)(/,)-(-!-%A%9(3!0+! '$(!80220,+3!,5!-,22%)3C!1$(!3&022!',,K!%!&$?30/%2!%+-!&3?/$,2,90/%2!',22!,+!'$,3(!>$,! >()(!0A&%/'(-!8?!0'3!%5'()A%'$=!8,'$!-0)(/'2?!%+-!0+-0)(/'2?C!! 1,'%2!-%A%9(3!',!DE=!'$(!(+L0),+A(+'=!%+-!'$(!(/,+,A?!0+!'$(!4.25!#,%3'!%)(! /.))(+'2?!(3'0A%'(-!',!8(!PQRCS!80220,+C!*'!>%3!%!-03%3'()!,+!8,'$!$.A%+!%+-! (+L0),+A(+'%2!5),+'3!%+-!D)0'03$!E('),2(.A!>%3!2(5'!',!509.)(!,.'!$,>!',!/,A8%'!%22! %3&(/'3!,5!'$(!30'.%'0,+C!DE!+(L()!',,K!-0)(/'!)(3&,+308020'?!5,)!'$(!3&022=!)%'$()!0+! &)(33!)(2(%3(3!%+-!,'$()!/,AA.+0/%'0,+3!033.(-!5,22,>0+9!'$(!(7&2,30,+!%+-!3&022=! '$(?!5,/.3(-!,+!3$05'0+9!82%A(!%+-!%33.)0+9!'$(!&.820/!'$(?!>,.2-!$,+,)!%22! 2(90'0A%'(!/2%0A3!%+-!9%L(!-('%02(-!0+5,)A%'0,+!%8,.'!'$(!3'(&3!'$%'!'$(?!>()(! '%K0+9!',!3',&!'$(!52,>!,5!,02!%+-!)(/'05?!'$(!30'.%'0,+C!DE!>%3!5%/(-!>0'$!%!A%T,)! ! ! "! ;! ! &.820/!)(2%'0,+3!/)0303!0+!'$(!>%K(!,5!'$03!-03%3'()C!1$(?!(+/,.+'()(-!A%+?! /$%22(+9(3!%+-!3('8%/K3=!0+/2.-0+9!0+3(+30'0L(!)(A%)K3!A%-(!8?!#UV!1,+?!I%?>%)-! %+-!/,A&2%0+'3!5),A!'$(!&.820/!'$%'!DE!>%3!+,'!-,0+9!(+,.9$!)(A(-?!'$(!30'.%'0,+C!! 1$(!DE!H((&>%'()!I,)0J,+!V02!W&022!8(9%+!%'!'$(!$(09$'!,5!'$(!(+L0),+A(+'%2! A,L(A(+'C!E(,&2(!>()(!0+/)(%30+92?!L0902%+'!,5!(+L0),+A(+'%2!033.(3!%+-!A%+?! >()(!8(90++0+9!',!A%K(!%!/,+3/0,.3!(55,)'!',!8(/,A(!A,)(!(+L0),+A(+'%22?! )(3&,+3082(!,)!X9)((+CY!#,)&,)%'(!3,/0%2!)(3&,+308020'?!>%3!8(/,A0+9!,5!9)(%'! 0A&,)'%+/(!%+-!/,+3.A()3!/,+30-()(-!A,)(!'$%+!T.3'!'$(!&),-./'!%+-!&)0/(!>$(+! A%K0+9!%!&.)/$%3(C!!! E)0,)!',!'$(!3&022=!,02!0'3(25!>%3!%!/,+'),L()30%2!033.(C!4%3!&)0/(3!>()(!3,%)0+9! %+-!A%+?!:A()0/%+3!>()(!'%K0+9!%!3()0,.3!50+%+/0%2!$0'!8(/%.3(!,5!'$(!0+/)(%3(C! Z0'$!'$%'!8(0+9!3%0-=!'$(!033.(!,5!,55!3$,)(!-)0220+9!>%3!8(/,A0+9!0+/)(%30+92?! /,+'),L()30%2!(L(+!8(5,)(!'$(!3&022!-.(!',!/,+520/'0+9!/,+/()+3!%8,.'!'$(! (+L0),+A(+'!%+-!)030+9!/,3'!,5!,02!%+-!'$(!)(3.2'0+9!0+/)(%3(-!&)0/(!,5!9%3C!V55!3$,)(! -)0220+9!%+-!(+L0),+A(+'%2!&,20/0(3!&2%?(-!%!&0L,'%2!),2(!0+!'$(!;<<O!&)(30-(+'0%2! (2(/'0,+C!:5'()!'$(!3&022=!E)(30-(+'!D%)%K!V8%A%!$%-!',!&.'!0+!&2%/(!/()'%0+! (A()9(+/?!A(%3.)(3!%+-!&,20/0(3=!0+/2.-0+9!%!A,)%',)0.A!,+!,55!3$,)(!-)0220+9!'$%'! 2%3'(-!5,)!3(L()%2!A,+'$3!8(5,)(!8(0+9!205'(-C!! [.)'$()=!'$(!3&022!,//.))(-!>$(+!3,/0%2!A(-0%!>%3!8(/,A0+9!0+/)(-08020'?! 0A&,)'%+'!%+-!0+52.(+'0%2!0+!'$(!A(-0%!%+-!3,/0('?C!U-,3,A>%+=!E)%K%3%+=!\,.%A(=! Z%'3,+=!%+-!W(?A,.)!F;<""G!3'%'(!'$%'!X3,/0%2!A(-0%!$(2&3!/,+L()3%'0,+3!',!)(%/$!%! >0-()!%.-0(+/(!2(L()%90+9!'$(!]2,+9!'%02^!/,+/(&'=!>$0/$!A(%+3!/,+L()3%'0,+3!'$%'! /%+!8(!/,+L(?(-!',!-055()(+'!5,).A3Y!F&C!OMGC!W,/0%2!A(-0%!&2%'5,)A3!3'%)'(-! ! ! Q! ! 0+/)(%30+9!0+!)(2(L%+/(!0+!;<<<C!D?!N.2?!;<"<=![%/(8,,K!$%-!A,)(!'$%+!M<<!A0220,+! %/'0L(!.3()3=!_,.1.8(!L0-(,3!>()(!)(/(0L0+9!A0220,+3!,5!L0(>3!-%02?=!%+-!1>0''()!>%3! 8(/,A0+9!0+/)(%30+92?!&,&.2%)!%3!%!3,.)/(!5,)!+(>3!%+-!/,AA.+0/%'0,+! FU-,3,A>%+!('C!%2=!;<"<=!&&C!O"!`!O@GC!!a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b(L0(>! *+!,)-()!',!(7%A0+(!'$(!),2(!,5!/)0303!/,AA.+0/%'0,+!3')%'(9?!%+-!'$(!.3(!,5! 3,/0%2!A(-0%!%3!%!&2%'5,)A!',!(7&)(33!,&0+0,+!%+-!%''0'.-(!0+!'$(!DE!V02!W&022! )(3&,+3(!%+-!%5'()A%'$=!'$()(!%)(!3(L()%2!%)(%3!,5!0+52.(+/(!',!8(!)(L0(>(-C! c+-()3'%+-0+9!(7%/'2?!$,>!'$(!,02!3&022!>%3!/%.3(-!%+-!'$(!(7'(+'!,5!'$(!-%A%9(3! '$%'!)(3.2'(-=!0+/2.-0+9!-%A%9(3!',!'$(!(+L0),+A(+'=!(/,+,A?=!%+-!/0'0J(+3^!$(%2'$! %+-!>(22d8(0+9!&),L0-(3!(L0-(+/(!%3!',!>$?!&(,&2(!>()(!3,!-03A%?(-!8?!'$(!3&022! %+-!&,33(330+9!'$(!K+,>2(-9(!'$%'!0'!/,.2-!$%L(!8((+!&)(L(+'(-!>0'$!3,A(!8%30/! 3%5('?!&)(/%.'0,+3C!! B(9%2!033.(3!>()(!&2(+'05.2!%5'()!'$(!3&022C!e.(3'0,+3!,5!&)(&%)(-+(33=!9.02'=! 20%8020'?=!%+-!)09$'3!,5!'$,3(!(55(/'(-!%8,.+-(-!%5'()!'$(!-03%3'()C!!DE!/,.2-!$%L(! 2,,K(-!',!&)(L0,.3!(+L0),+A(+'%2!-03%3'()3!%+-!$,>!'$(?!>()(!$%+-2(-!5,)! 9.0-%+/(!%3!'$(?!A,L(-!5,)>%)-C!1$(!"SOS!U77,+!f%2-(J!,02!3&022!0+!&%)'0/.2%)! &),L0-(-!%!&)(/(-(+'!%3!',!$,>!,02!3&0223!/%+!8(!$%+-2(-!0+!'$(!c+0'(-!W'%'(3C!#)0303! /,AA.+0/%'0,+!%+-!0A%9(!)(3',)%'0,+!A,-(23!F(C9C=!D(+,0'=!"SSg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c+0'(-!W'%'(3!%+-!'$(!%8020'?!',!K+,>!$,>!0'!>022!0A&%/'!/)0303!A%+%9(A(+'!03! 0A&,)'%+'!0+!'$(!DE!,02!3&022!/%3(!8(/%.3(!,5!'$(!(+L0),+A(+'%2!-(3')./'0,+!0'!/%.3(-C! V02!-)0220+9!03!%!/,+'),L()30%2!(+L0),+A(+'%2!033.(!%+-!'$(!3&,'209$'!,+! (+L0),+A(+'%2!033.(3!%'!'$(!'0A(!,5!'$(!3&022!A%-(!'$(!5%22,.'!(L(+!>,)3(!5,)!DEC!! !"#$%&"##$'()*+$(,-$.//+01*$ :+!(7&2,30,+!,+!'$(!H((&>%'()!I,)0J,+!-)0220+9!.+0'!8(0+9!,&()%'(-!8?! D)0'03$!E('),2(.A!),.9$2?!@<!A02(3!,55!'$(!/,%3'!,5!B,.030%+%!')099()(-!'$(!,02!3&022! '$%'!8(9%+!,+!:&)02!;<=!;<"<=!0+!'$(!4.25!,5!6(70/,C!1$(!(7&2,30,+!>%3!T.3'!'$(! 8(90++0+9!,5!%!+09$'A%)(!5,)!DE=!)(30-(+'3!,5!'$(!4.25!#,%3'=!%+-!%22!'$,3(!0A&%/'(-! 8?!'$(!3&022C!*33.(3!,5!)(3&,+308020'?=!%//,.+'%8020'?=!20%8020'?=!%+-!/%.3(!%8,.+-(-!0+! '$(!>%K(!,5!'$(!3&022!%3!/0'0J(+3!,5!'$(!4.25!#,%3'!>%'/$(-!'$(0)!(+L0),+A(+'3!%+-! 20L(3!8(!9)%L(2?!0A&%/'(-!8?!'$(!,02!3&0220+9!0+',!'$(!4.25C!WA0'$=!WA0'$=!%+-!:3$/),5'!! F;<"<G!(7&2%0+!'$%'!'$(!-%A%9(3!5),A!'$(!3&022!%)(!! %'')08.'(-!',!'$)((!A%T,)!5%/',)3h!F"G!$.A%+!()),)!%+-!(i.0&A(+'!5%02.)(!%'! DE^3!H((&>%'()!I,)0J,+!,553$,)(!-)0220+9!.+0'j!F;G!5%02.)(!,5!'$(!cCWC! 9,L()+A(+'!',!%3309+=!%+-!0+!3,A(!/%3(3!',!&()A0'=!)(3,.)/(3!',!%3303'!>0'$! '$(!/,+'%0+A(+'!,5!'$(!,02!3&022j!%+-!FQG!A030+5,)A%'0,+!-033(A0+%'(-!8?!'$(! +(>3!A(-0%!)(9%)-0+9!'$(!%A,.+'!%+-!2,/%'0,+!,5!,02!&,22.'0,+!0+!'$(!>%'()! %+-!,+!'$(!8(%/$(3!,5!'$(!4.25!,5!6(70/,C!F&C"G! ! 1$(!)(3.2'3!,5!'$(!3&022!>()(!+,'!(%3?!',!%//,.+'!5,)=!$,>(L()j!(3'0A%'(-!','%2! -%A%9(3!',!DE=!'$(!(+L0),+A(+'=!%+-!'$(!(/,+,A?!%)(!%'!2(%3'!PQRCS!80220,+=!'$,.9$! '$03!03!3.8T(/'!',!/$%+9(C!W,A(!3$,)'d'()A!(55(/'3!,5!'$(!3&022!%33,/0%'(-!>0'$!'$(! )(3020(+/(!,5!'$(!(+L0),+A(+'!%+-!'$(!,02!3&022!%)(!K+,>+!+,>=!8.'!'$(!2,+9d'()A! (55(/'3!>022!+,'!8(!)(%20J(-!5,)!?(%)3!',!/,A(C!1$(!,02!3&022!2(-!',!2%>3!%+-!)(9.2%'0,+3! %!A,)%',)0.A!,+!-)0220+9!F>$0/$!>%3!2%'()!).2(-!%)80')%)?!%+-!,L()'.)+(-G!%+-! )(3')0/'0,+3!',!%)(%3!5,)!503$0+9!FWA0'$!('C!%2C=!;<"<=!&C!MG!""" ! ! R! ! 2+3(#$4**)+*5$2(06$7/$89+&(9+-,+**$(,-$4:&(01$7,$'#+(,;)&$$ :2,+9!>0'$!'$(!(+L0),+A(+'%2!%+-!$.A%+0'%)0%+!-03%3'()!'$%'!DE!>%3! )(3&,+3082(!5,)!'%K0+9!/%)(!,5=!'$(?!+,>!$%-!',!-(%2!>0'$!%!A%330L(!&.820/!)(2%'0,+3! /)0303C!UL0-(+/(!&,0+'3!',!'$(!5%/'!'$%'!'$(!/)0303!/,.2-!$%L(!8((+!%L,0-(-!%22!',9('$()! 05!&),&()!3%5('?!&)(/%.'0,+3!>()(!'%K(+C!I,>(L()=!'$(!(7&2,30,+!$%&&(+(-!%+-!,02! &,.)(-!0+',!'$(!4.25!%'!%+!%2%)A0+9!)%'(C!Z$02(!'$(0)!&)(&%)(-+(33!',!-(%2!>0'$!'$(! 3&022!(+L0),+A(+'%22?!>%3!8(0+9!i.(3'0,+(-=!'$()(!>()(!%23,!033.(3!>0'$!>$('$()!,)! +,'!'$(?!$%-!%!&),&()!/)0303!/,AA.+0/%'0,+!&2%+!0+!&2%/(C!4)0993!F;<""G=!5,)! (7%A&2(=!)%03(3!033.(3!,5!&)(&%)(-+(33C!V+(!,5!'$(!A%T,)!033.(3!'$%'!/%A(!0+',!&2%?! 2(9%22?!-.)0+9!'$(!3&022!>%3!'$(!&%/(!,5!)(3&,+3(!-.(!',!'$(!5%/'!'$%'!DE!>,.2-!+,'! %22,>!%+?!&)0L%'(!$(2&!>0'$,.'!9,0+9!'$),.9$!'$(!2(+9'$?!&()A0330,+!&),/(33C!1$03! >%3!%!8%''2(!5,.9$'!8?!2,/%2!&(,&2(!>$,!>()(!5%A020%)!>0'$!'$(!%)(%!%+-!(i.0&&(-!',! $(2&!0+!3,A(!>%?3=!8.'!>()(!&),$080'(-!5),A!-,0+9!3,C!1$03!>%3!)(52(/'(-!0+!'$(! A(-0%!%3!%!3,.)/(!,5!9)(%'!5).3')%'0,+C!:'!'$(!),,'!,5!'$03!&),82(A!>%3!'$(!2(9%2!033.(! '$%'!DE!>%3!50+%+/0%22?!)(3&,+3082(!5,)!'$(!/2(%+.&!%+-!'$()(5,)(!$%-!',!%&&),L(! (L()?'$0+9C!*5!'$(?!%22,>(-!5,)!,.'30-(!$(2&!8(5,)(!%&&),L%2!'$(?!)03K(-!'$(!&)0L%'(! &%)'?!>%+'0+9!',!/,22(/'!5,)!'$(!>,)K!'$(?!$%-!-,+(!F4)0993=!;<""=!&C!gGC!! DE!>%3!+,'!&)(&%)(-!5,)!'$(!Eb!/)0303!'$(?!>,.2-!8(!-(%20+9!>0'$!'$(!0+!'$(! %5'()A%'$!,5!'$(!3&022C!1$(!W,/0('?!5,)!b03K!:+%2?303!FWb:G!<",";*=:&7*"):$7,$1>+$ ?++&@(1+9$A79"B7,$!"#$%&"##!F;<"<G$8),.9$'!',!i.(3'0,+!DE^3!&)(&%)(-+(33!,+! 3(L()%2!2(L(23C!!*+!&%)'0/.2%)=!&%3'!Wb:!&)(30-(+'!#%),+!#$(33!i.(3'0,+(-!DE^3!2(L(2! ,5!)03K!/,AA.+0/%'0,+!&)(&%)(-+(33C!#$(33!5(2'!'$%'!DE!2%/K(-!%+?!%A,.+'!,5! &)(&%)(-+(33!%+-!5%02(-!A03()%82?!5),A!%!)03K!/,AA.+0/%'0,+3!&,0+'!,5!L0(>C! ! ! g! ! [.)'$()=!#$(33!+,'(-!30A02%)0'0(3!8('>((+!DE^3!)(3&,+3(!%+-!U77,+^3!"SOS!)(3&,+3(! ',!0'3!,02!3&022!0+!'$(!W')%0'3!,5!f%2-(J=!:2%3K%C!W$(!/0'(-!%+!%)'0/2(!5),A!C9++,@"9+!'$%'! +,'(-!X-(&)(330+9!30A02%)0'0(3!8('>((+!U77,+^3!%+-!DE^3!)03K!/,AA.+0/%'0,+! 3A%3$d.&3h!3$05'0+9!82%A(!5),A!'$(!/,)&,)%'0,+=!(A&$%30J0+9!3/0(+/(!)%'$()!'$%+! &(,&2(=!%+-!0+0'0%22?!-,>+&2%?0+9!'$(!&,'(+'0%2!0A&%/'!,5!'$(!-03%3'()Y!F#$(33=!;<"<=! &C!;"RGC!! %":"#(9"1"+*$D+1@++,$.EE7,$F(#-+B$%&"##$(,-$G8$%&"##$ DE!>%3!+,'!>0'$,.'!%+!(7%A&2(!,+!$,>!',!-(%2!>0'$!3&0223C!1$(?!$%-!&2(+'?!,5! 2(33,+3!'$%'!'$(?!/,.2-!$%L(!'%K(+!%>%?!5),A!'$(!"SOS!U77,+!f%2-(J!,02!3&022C!*'!03! 0A&,33082(!',!-03/.33!'$(!)(3&,+3(!',!'$(!DE!,02!3&022!>0'$,.'!2,,K0+9!%'!,'$()!A%T,)! 0+/0-(+'3!'$%'!&)(/(-(-!0'C!1$(!U77,+!f%2-(J!,02!3&022!3()L(3!%3!8(+/$A%)K!,5!3,)'3!',! /,A&%)(!'$(!DE!)(3&,+3(!',=!%2'$,.9$!'$(!DE!3&022!>%3!2%)9()!'$%+!'$(!U77,+!3&022C! b0'/$0(!('!%2C!F;<""G!+,'(!'$%'!,+(!,5!'$(!2(33,+3!2(%)+(-!5),A!'$(!U77,+!3&022!03!'$%'! '$(!DE!3&022!)(/,L()?!03!5%)!5),A!,L()h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j! )(+(>%82(!)(3,.)/(!/,AA.+0'0(3!X-(&(+-!,+!)(+(>%82(!+%'.)%2!)(3,.)/(3!5,)!'$(0)! 3,/0%2=!/.2'.)%2!%+-!(/,+,A0/!(703'(+/(Y!F&C!Q"GC!!b0'/$0(!%23,!-)%>3!30A02%)0'0(3! 8('>((+!'$,3(!0+!'$(!%)(%!,5!'$(!3&022!>$,!9%0+(-!50+%+/0%22?!%3!%!)(3.2'!,5!'$(!3&022! 8(/%.3(!,5!'$(!/2(%+.&!(55,)'3C![.)'$()=!-03%3'()3!,5'(+!-)0L(!&(,&2(!',!A,L(!5),A! ! ! O! ! '$(0)!/,AA.+0'0(3C!1$03!)(3.2'3!0+!(/,+,A0/!2,33!%+-!$.A%+!/%&0'%2!2,33!Fb0'/$0(=! ;<""=!&C!Q@GC!! G8H*$%(/+1=$I+079-$(,-$J*+$7/$%70"(#$<+-"($ H.)0+9!'0A(3!,5!/)0303=!%!/,A&%+?^3!3%5('?!)(/,)-!%+-!0A%9(!/,A(!0+',! i.(3'0,+C!#,A&%+0(3!>$,!$%L(!8(''()!)(&.'%'0,+3!9,0+9!0+',!%!/)0303!,5'(+!/,A(!,.'! 8(''()!'$%+!'$,3(!>$,!9,!0+',!'$(!/)0303!.+5%L,)%82?C!DE!03!+,!(7/(&'0,+C!1$(!,02!3&022! $%3!8),.9$'!/)0'0/03A!5),A!%!>0-(!)%+9(!,5!&(,&2(=!5),A!%/'0L03'!9),.&3!',! 9,L()+A(+'!(+'0'0(3C!Z$02(!DE!$%3!'%K(+!)(3&,+308020'?!5,)!'%K0+9!/%)(!,5!'$(!3&022=! '$(?!$%L(!3$05'(-!82%A(!,+!3.8/,+')%/',)3!1)%+3,/(%+!%+-!I%2208.)',+C!:!3'.-?!8?! 6.)%20-$%)%+=!H02203',+(=!%+-!W$0+!F;<""G!/$,,3(!',!(7%A0+(!3,/0%2!A(-0%!%+-!$,>! DE!.3(-!0'!-.)0+9!'$(!,02!3&022!)(3&,+3(!8(/%.3(!0'!%22,>3!'$(A!',!.+-()3'%+-!X'$(! -0A(+30,+3!,5!%.-0(+/(!)(%/'0,+Y!>$0/$!'$(?!/2%0A!',!8(!X/)./0%2!0+!%!/?/2(!,5!/)0303Y! F&C!;;gGC!!1$(!3,/0%2!A(-0%!3()L(-!%3!%!&2%'5,)A!5,)!'$(!&.820/!',!L,0/(!'$(0)! /,+/()+3=!033.(3=!%+-!%+9()!-.)0+9!'$(!3&022C!6%+?!'0A(3=!'$(!A(33%9(3!>()(!0+! )(9%)-3!',!DE^3!3%5('?!A(%3.)(3!0+!'$(!&%3'!2(%-0+9!.&!'$(!3&022!%+-!$,>!'$(!3&022! /,.2-!$%L(!8((+!&)(L(+'(-!$%-!%&&),&)0%'(!3%5('?!A(%3.)(3!8((+!'%K(+C!! DE^3!3%5('?!)(/,)-!/%A(!0+',!i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i.(3'0,+!>$('$()!,)!+,'!DE!>%3!%>%)(!,5!'$(!5%/'!'$%'!'$(!/(A(+'!T,8!,+! '$(!H((&>%'()!I,)0J,+!>(22!>%3!5%.2'?j!>0'$!(L0-(+/(!&,0+'0+9!',!'$(!5%/'!'$%'!'$(?! >()(!%>%)(C!1$03!>%3!$09$2?!/)0'0/0J(-!8?!A%+?!&(,&2(!%+-!9),.&3C!DE!3&(+'!PM<! A0220,+!-(5(+-0+9!0'3!)(/,)-!',!'$(!&.820/C!6%+?!5(2'!'$%'!'$03!>%3!PM<!A0220,+!'$%'! 3$,.2-!$%L(!8((+!3&(+'!',!/2(%+!.&!'$(!3&022!%+-!%0-!'$,3(!>$,!$%-!8((+!%55(/'(-C! 6.)%20-$%)%+!('!%2C!F;<""G!i.,'(!#$)03!402-(J!,5!'$(!92,8%2!&.820/!)(2%'0,+3!50)A!I022! %+-!\+,>2',+!%3!3%?0+9=!X.+'02!'$(!2(%K!03!3',&&(-=!+,!%A,.+'!,5!%-L()'030+9!%+-!Eb! >022!$(2&Y!F&C!;;g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d')%.A%'0/! 3')(33!-03,)-()C!W0A02%)!033.(3!>()(!3((+!0+!'$(!>%K(!,5!'$(!U77,+!f%2-(J!,02!3&022C! 6/#%.2(?!%23,!/0'(3!(L0-(+/(!'$%'!2,+9d'()A!)(3&,+-()3!$%L(!3$,>+!309+3!,5! 0))(&%)%82(!&3?/$,2,90/%2!-%A%9(!F&&C!M@!`!MRGC!*+!'$(!.,+93=$K++6#=$L+@*$F;<""G" '$(!&3?/$,2,90/%2!(55(/'3!%)(!$09$209$'(-!%9%0+!0+!A,)(!-('%02C!1$03!%)'0/2(!/0'(3! 3'.-0(3!%+-!3'%'03'0/3!-(A,+3')%'0+9!'$%'!%!30A02%)!2(L(2!,5!3')(33!>%3!&)(3(+'!0+! 0+-0L0-.%23!0+!4.25!#,%3'!3'%'(3!'$%'!>()(!-0)(/'2?!0+52.(+/(-!8?!'$(!,02!3&022!%+-! '$,3(!0+!3'%'(3=!3./$!%3![2,)0-%=!'$%'!>()(!+,'!%3!-0)(/'2?!0A&%/'(-C!://,)-0+9!',! .,+93=$K++6#=$L+@*!F;<""G=!%!c+0L()30'?!,5!6%)?2%+-!%+-!c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g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d"C! ! ! ! ! ! ! ! ! ";! ! #$$%&'($&)*" W'%8020'?! U7'()+%2!#,+'),2! E()3,+%2!#,+'),2!k!2,/.3! ! 1%82(!;d"! ! :'')08.'0,+!1$(,)?! ! +,-&*&$&)*" *5!'$(!/%.3(!$%&&(+3!5)(i.(+'2?!F3'%82(G! ,)!0+5)(i.(+'2?!F.+3'%82(G! Z$('$()!'$(!/%.3(!,5!'$(!(L(+'!>%3! /,+'),22%82(!,)!.+/,+'),22%82(!8?! %+,'$()!&()3,+! 1$(!(7'(+'!',!>$0/$!%!&()3,+!/%+!/,+'),2! $03!,)!$()!,>+!5%'(!0+!'$(!30'.%'0,+! ! U%/$!%'')08.'0,+!0A&%/'(-!$,>!0+-0L0-.%23!T.-9(-!DE!8(5,)(=!-.)0+9=!%+-!%5'()!'$(! ,02!3&022C!W'%8020'?!>%3!-(8%'(-!8(/%.3(!,5!'$(!-03%3'()!'$%'!/2%0A(-!3(L()%2!20L(3!T.3'! M!?(%)3!&)(L0,.3!',!'$(!3&022C!U7'()+%2!/,+'),2!>%3!%!A%T,)!5%/',)!-.)0+9!'$(!&,3'd -03%3'()!3/)%A82(!',!50+-!5%/'3!%8,.'!>$%'!$%&&(+(-!%+-!>$('$()!,)!+,'!0'!/,.2-! $%L(!8((+!&)(L(+'(-C!1$(!-03'0+/'0L(+(33!,5!'$(!30'.%'0,+!>%3!/%22(-!',!i.(3'0,+!%3! DE^3!')%/K!)(/,)-!>%3!(7%A0+(-C!://,)-0+9!',!#,,A83!F;<<gG=!%!/)0303!03!+,'! -03'0+/'0L(!>$(+!X%+!,)9%+0J%'0,+!3$,>3!20''2(!/,+30-()%'0,+!5,)!3'%K($,2-()3!%/),33! %!+.A8()!,5!-,A%0+3=!+,'!T.3'!0+!/)0303Y!F&C"QgGC!:3!A,)(!0+5,)A%'0,+!8(/%A(!/2(%)! %8,.'!'$(!-('%023!,5!>$%'!$%&&(+(-!%+-!DE!>%3!>,)K0+9!',!)(3&,+-!',!'$(!&.820/! )(2%'0,+3!/)0303=!A%+%9()3!3$,.2-!$%L(!2,,K(-!',!W0'.%'0,+%2!#)0303!#,AA.+0/%'0,+! 1$(,)?!%3!%!9.0-(!',!50+-0+9!'$(!8(3'!&,33082(!>%?!',!)(3&,+-=!90L(+!'$(0)!)(&.'%'0,+! %+-!'$(!30'.%'0,+C!! '9"*"*$'7::),"0(1"7,$I+*&7,*+$<7-+#*$ 1$()(!%)(!'>,!A,-(23!'$%'!%''(A&'!',!(7&2%0+!/)0303!/,AA.+0/%'0,+! 3')%'(90(3!%+-!)(3&,+3(3C!!D(+,0'!F"SSgG!'%K(3!%!A,)(!)$(',)0/%2!2,,K!%'!'$(!/)0303! ! ! "Q! ! /,AA.+0/%'0,+!A(33%9(3!8?!5,/.30+9!,+!'$(!3')%'(90/!)%'0,+%2(!8($0+-!'$(!A(33%9(=! >$02(!D)%-5,)-!%+-!4%))('!F"SSMG!2,,K!%'!%!'>,d5%/',)!%&&),%/$!'$%'!5,/.3(3!,+!%! )(3&,+3(!,)!+,!)(3&,+3(!-0/$,',A?C!!! 4:(3+$9+*179(1"7,$1>+79=$$ DE!>%3!2(5'!>0'$!'$(!-%.+'0+9!'%3K!,5!)(3',)0+9!0'3!0A%9(!',!')?!%+-!9('!8%/K! 0+!'$(!&.820/!5%L,)C!1$03!03!%!L()?!-0550/.2'!&.820/!)(2%'0,+3!'%3K=!(3&(/0%22?!>$(+! -(%20+9!>0'$!%!-03%3'()!%3!2%)9(!%+-!-(L%3'%'0+9!%3!'$(!,02!3&022C!D(+,0'^3!F"SSgG! X*A%9(!b(3',)%'0,+!1$(,)?Y!&),L0-(3!'$(!'$(,)('0/%2!)(%3,+0+9!8($0+-!>$?!/()'%0+! 3')%'(90(3!%)(!8(3'!(A&2,?(-!0+!&%)'0/.2%)!30'.%'0,+3C!1$(!'$(,)?!03!8%3(-!,+!8%30/! /,+/(&'3!'$%'!&),&,3(!'$%'!'$(!%//.3(-!&%)'?!03!)(3&,+3082(!%+-!'$%'!'$(!%//.3%'0,+! 03!/,+30-()(-!,55(+30L(!FD(+,0'=!"SSg=!&C!"ggGC!1%82(!;d;!&)(3(+'3!'$(!"@!3')%'(90(3! '$%'!$%L(!(A()9(-!5),A!D(+,0'^3!'$(,)?!)%+9(!5),A!30A&2(!-(+0%2!',!A,)'050/%'0,+! FI%)2,>=!;<""="&!"O"GC!! c30+9!D(+,0'^3!'$(,)?!%3!%!8%303!5,)!$03!3'.-?=!I%)2,>!3%?3!'$%'!XDE!>%3! 5,/.3(-!,+!'$(!'>0+!'%3K3!,5!-(3/)080+9!/,))(/'0L(!%/'0,+!%+-!-(3/)080+9!%''(A&'3!',! /,A&(+3%'(!'$(!L0/'0A3!,5!'$(!0+/0-(+'Y!F&C!O;GC![.)'$()=!$(!3'%'(3!'$%'!DE!+(L()! 8,)(!%+?!,5!'$(!)(3&,+308020'?!5,)!'$(!%/'.%2!(7&2,30,+!%+-!)(3.2'0+9!,02!3&022=!)%'$()! '$(?!30A&2?!%//(&'(-!)(3&,+308020'?!5,)!-(%20+9!>0'$!0'3!%5'()A%'$C!1$03!03!%!&,0+'! '$%'!/%.3(-!309+050/%+'!'(+30,+!F&C!O;GC!! ! ! ! ! ! ! "@! ! 1%82(!;d;! D(+,0'^3!F"SSgG!*A%9(!b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gRGC!!1$(0)! A,-(2!03!/,A&)03(-!,5!'>,!&%'$3h!'$(!+,!)(3&,+3(!&%'$!%+-!'$(!/,)&,)%'(!)(3&,+3(! &%'$C!1$(!+,!)(3&,+3(!&%'$!50+-3!'$%'!-.)0+9!'0A(3!,5!/)0303=!,)9%+0J%'0,+3!0+! i.(3'0,+!A%?!,55()!+,!)(3&,+3(!5,)!'$(!%22(9%'0,+3!8(0+9!8),.9$'C!D)%-5,)-!%+-! 4%))('!%)9.(!'$%'!'$(!+,!)(3&,+3(!&%'$!9(+()%22?!2(%-3!',!,83()L()3!%33.A0+9!9.02'Gj! %2'()+%'0L(2?=!'$(!/,)&,)%'(!)(3&,+3(!&%'$!$,2-3!'$%'=!8?!,55()0+9!3,A(!)(3&,+3(=!%+! ,)9%+0J%'0,+!/%+!0+52.(+/(!'$(!,83()L()^3!&()/(&'0,+!,5!'$(!30'.%'0,+!F&C!OgOGC!c+-()! '$(!/,)&,)%'(!)(3&,+3(!&%'$!5%223!5,.)!)(3&,+3(3!'$%'!A%?!8(!,55()(-!0+!'0A(3!,5! /)0303C!1%82(!;dQ!&)(3(+'3!'$(3(!)(3&,+3(3!%+-!'$(!,&'0A%2!30'.%'0,+3!5,)!'$(0)!.3(C!!! ! ! ! ! ! ! ! ! ! ! ! "R! ! 1%82(!;dQ! D)%-5,)-!%+-!4%))('^3!F"SSMG!b(3&,+3(!6,-(2! 7,85)*8," H(+0%23! +,-&*&$&)*" H(+0%23!%)(!3'%'(A(+'3!'$%'! -(+?!'$(!,//.))(+/(!,)! (703'(+/(!,5!'$(! i.(3'0,+%82(!(L(+'=!,)!-(+?! '$%'!'$(!%//.3(-! ,)9%+0J%'0,+!03!'$(!/%.3(!,5! '$(!(L(+'C! U7/.3(3! U7/.3(3!%)(!3'%'(A(+'3!'$%'! %)9.(!'$%'!'$(!%//.3(-! ,)9%+0J%'0,+!3$,.2-!+,'!8(! $(2-!)(3&,+3082(!5,)!'$(! ,//.))(+/(!%+-k,)!0A&%/'! ,5!'$(!i.(3'0,+%82(!(L(+'! 8(/%.3(!/()'%0+!5%/',)3! 20A0'(-!'$(!,)9%+0J%'0,+^3! /,+'),2!,L()!'$(!,//.))(+/(! %+-k,)!0A&%/'!,5!'$03!(L(+'C! N.3'050/%'0,+3! N.3'050/%'0,+3!%)(!3'%'(A(+'3! '$%'!%)9.(!'$%'=!(L(+!'$,.9$! '$(!%//.3(-!,)9%+0J%'0,+3!03! )(3&,+3082(!5,)!'$(! i.(3'0,+%82(!(L(+'=!'$(! 3'%+-%)-3!8(0+9!.3(-!8?!'$(! %//.3()3!',!(L%2.%'(!'$(! 0A&%/'!,5!'$03!i.(3'0,+%82(! (L(+'!%)(!0+%&&),&)0%'(C! #,+/(330,+3! #,+/(330,+3!%)(!3'%'(A(+'3! '$%'!%9)((!'$%'!'$(! i.(3'0,+%82(!(L(+'!-0-! ,//.)=!'$%'!'$(!%//.3(-! ,)9%+0J%'0,+!/%.3(-!'$03! (L(+'=!'$%'!'$(?!(L%2.%'0L(! 3'%+-%)-3!8(0+9!.3(-!8?!'$(! %//.3()3!%)(!%&&),&)0%'(C! .&$(/$&)*" Z$(+!%+!%/',)!/%+!&),L0-(! (L0-(+/(!'$%'!$(k3$(!-0-!+,'! /,AA0'!%+!%22(9(-2?!.+('$0/%2! %/'0,+!F/,AA0330,+!30'.%'0,+G=! '$03!%/',)!3$,.2-!.3(!%!-(+0%2! /,AA.+0/%'0L(!)(3&,+3(C!! Z$(+!%+!%//.3(-!%/',)!/%+! &),L0-(!(L0-(+/(!'$%'!$(k3$(! -0-!+,'!$%L(!/,+'),2!,L()!'$(! ,//.))(+/(!%+-k,)!0A&%/'!,5! %+!%22(9(-2?!.+('$0/%2!%/'0,+! F/,+'),2!30'.%'0,+G=!'$03!%/',)! 3$,.2-!.3(!%+!(7/.3(! /,AA.+0/%'0L(!)(3&,+3(! Z$(+!%+!%//.3(-!%/',)!/%+! &),L0-(!(L0-(+/(!'$%'! 0+%&&),&)0%'(!3'%+-%)-3!%)(! 8(0+9!.3(-!',!(L%2.%'(!'$03! %22(9(-2?!.+('$0/%2!%/'0,+! F3'%+-%)-3!30'.%'0,+G=!'$03! %/'0,+!3$,.2-!.3(!%! T.3'050/%'0,+C! Z$(+!%+!%//.3(-!%/',)! /,+/2.-(3!'$%'!'$(!%22(9%'0,+3! )%03(-!%)(!L%20-!F%9)((A(+'! 30'.%'0,+G=!'$(!%/',)!3$,.2-! .3(!%!/,+/(330,+C! ! H.(!',!'$(!3/,&(!%+-!+%'.)(!,5!'$(!DE!-03%3'()=!033.0+9!%!)(3&,+3(!,5!3,A(!+%'.)(! >%3!+(/(33%)?C!I,>(L()=!0+!'$(!8(90++0+9!,5!'$(0)!/,AA.+0/%'0L(!)(3&,+3(=!DE!-0-! ! ! "g! ! >$%'!'$(?!/,.2-!',!')?!',!3$05'!'$(!82%A(!',!,'$()!&2%?()3!0+!'$(!-03%3'()C!1$03!A,-(2! -(A,+3')%'(3!'$%'!'$(!)(3&,+3(!DE!/$,3(!-0-!+,'!/,))(3&,+-!>0'$!'$(!30'.%'0,+! /)(%'(-!8?!'$(0)!.+('$0/%2!8($%L0,)C!1$03!20K(2?!&2%?(-!%!),2(!0+!'$(!2(L(2!,5!&.820/! %//(&'%+/(!,5!'$(!/,AA.+0/%'0L(!%+-!&.820/!)(2%'0,+3!A(%3.)(3!DE!',,K!0+!'$(!>%K(! ,5!'$(!-03%3'()C!! $ N$'>(,3",3$<+-"($.,O"97,:+,1$ 1>,!5%/',)3!A(-0%'(!%+?!%+%2?303!,5!DE^3!/)0303!)(3&,+3(!3')%'(9?!%+-! /,AA.+0/%'0,+3C!!1$(!50)3'!-(%23!>0'$!%!/$%+90+9!/,AA.+0/%'0,+!A(-0.Al'$(!)03(! ,5!%!&,&.203'd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b(%/$0+9!'$(!A(-0%!%+-!&.820/!03!/$%+90+9!8(/%.3(!,5!3,/0%2!A(-0%=!5,)/0+9! )(&,)'()3=!&.820/03'3=!%+-!%22!/,AA.+0/%',)3!',!%-%&'C!1$(!A(-0%!03!+,!2,+9()!3,2(2?! ! ! "O! ! 9(''0+9!3',)0(3!'$),.9$!')%-0'0,+%2!&0'/$(3j!)%'$()!'$(?!%)(!2,,K0+9!%'!%2'()+%'0L(! A('$,-3=!0+/2.-0+9!3,/0%2!A(-0%=!',!9('!3',)0(3C!!1$03!03!0A&,)'%+'!>$(+!3'.-?0+9!'$(! DE!,02!3&022!8(/%.3(!0'!>%3!,+(!,5!'$(!50)3'!(7&()0(+/(3!>0'$!/)0303!%+-!3,/0%2!A(-0%C! H.)0+9!'$(!U77,+!f%2-(J!,02!3&022=!&.820/!)(2%'0,+3!&)%/'0'0,+()3!-0-!+,'!$%L(!',! >,))?!%8,.'!1>0''()!%+-![%/(8,,K!%+-!D2,93C!1$(!DE!,02!3&022!8),K(!'$(!A,2-!%+-! &.820/!)(2%'0,+3!&),5(330,+%23!$%-!',!3()0,.32?!/,+30-()!'$(!)(&()/.330,+3!,5!3,/0%2! A(-0%!%+-!$,>!'$(?!>,.2-!.'020J(!0'!',!/,A8%'!'$(!30'.%'0,+C!*'!>%3!%23,!'$(!50)3'!,02! 3&022!>$()(8?!'$(!&.820/!$%-!%//(33!',!3,/0%2!A(-0%C!b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g""GC![.)'$()0+9!'$03=!3'.-0(3!/,+-./'(-!T.3'!%5'()!'$(!;<<O! E)(30-(+'0%2!(2(/'0,+!0+!'$(!c+0'(-!W'%'(3!3$,>(-!'$%'!%A,+9!3,/0%2!A(-0%!.3()3! %9(-!"O!`!;S=!M<m!,5!'$(!&,&.2%'0,+!&,22(-!8?!E(>!3%0-!'$(?!.3(-!3,/0%2!A(-0%!',! -03/,L()=!2(%)+=!%+-!0+52.(+/(!'$(0)!L,'0+9!-(/030,+!%+-!,&0+0,+3!,+!033.(3C![,)!.3()3! %9(!Q<!%+-!,L()=!'$(!&()/(+'%9(!>%3!Q;m!F:.()=!;<""=!&&C!g""dg";GC!! 1$(!&),&(+30'?!,5!&(,&2(!',!.3(!3,/0%2!A(-0%!%3!%!&2%/(!',!9%'$()!+(>3!-.)0+9! /)0303!/%+!8(!-(A,+3')%'(-!8?!/,A&%)0+9!'$(!)(3&,+3(!,5!%!&)(d3,/0%2!A(-0%!/)0303!',! %!/.))(+'!/)0303C!H.)0+9!'$(!'()),)03'!%''%/K3!,5!W(&'(A8()!""=!;<<"=!,550/0%23!$%-!',! 3&(+-!A0220,+3!,5!-,22%)3!%+-!'0A(!',!3?+/$),+0J(!/,AA.+0/%'0,+!3?3'(A3C!*+! ! ! "S! ! /,A&%)03,+=!-.)0+9!'$(!I%0'0!(%)'$i.%K(!,5!;<"<=!1>0''()!>%3!.3(-!%3!%!A(%+0+95.2! /$%++(2!,5!(A()9(+/?!/,AA.+0/%'0,+!F:.()=!;<""!=&Cg;QGC!! W,/0%2!A(-0%!$%3!%23,!0+/)(%3(-!%3!3,.)/(3!5,)!+(>3!8(/%.3(!,5!'$(!9)(%'()! %A,.+'!,5!5)((-,A!0'!%22,>3!5,)C!Z$()(!/()'%0+!'?&(3!,5!0A%9(3!,)!3',)0(3!%)(! )(3')0/'(-=!3,/0%2!A(-0%!$%3!8),K(+!'$(!8%))0()!%+-!%22,>(-!5,)!%22!+(>3!%+-!3',)0(3! ',!8(!90L(+!%0)'0A(!F#$(,+9!%+-!B((=!;<"<=!&C!@gGC!1$03!>%3!-(A,+3')%'(-!A,3'! )(/(+'2?!-.)0+9!'$(!3,d/%22(-!X1>0''()!b(L,2.'0,+Y!%+-!,'$()!3,/0%2!A(-0%!2(%-! )(L,2'3!F6,),J,L=!;<"<=!&&C!;@!d!;MGC!! 1>0''()!$%3!8(/,A(!%!&,>()5.2!>,)-!,5!A,.'$!',,2!',!3$%)(!3(+'0A(+'3!%+-! (7&()0(+/(3=!8,'$!&,30'0L(!%+-!+(9%'0L(=!%8,.'!8)%+-3!%+-!/,A&%+0(3C!N%+3(+=! n$%+9=!W,8(2=!%+-!#$,>-.)?!F;<<SG!5,)!(7%A&2(!5,.+-!'$%'!"Sm!,5!A0/),82,93! /,+'%0+(-!%!A(+'0,+!,5!%!8)%+-!,)!/,A&%+?=!%+-!,5!'$%'!&()/(+'%9(=!M<m!>()(! &,30'0L(!%+-!QQm!>()(!+(9%'0L(!F&C!;"RSGC!1>0''()=!%3!%!A0/),82,9=!03!%//(33082(!%'! %22!'0A(3!5,)!%!.3()!',!i.0/K2?!&,3'!%+!,&0+0,+!%3!0'!/,A(3!',!',&!,5!A0+-C!*'!(+%82(3! .3()3!',!0AA(-0%'(2?!>)0'(!$,>!'$(?!5((2!,)!>$%'!'$(?!'$0+K!-.)0+9!(7&()0(+/(3C! 1$(0)!3'.-?!%23,!5,.+-!'$%'!'$()(!03!%!cd3$%&(-!)(2%'0,+3$0&!8('>((+!%+!0+-0L0-.%2^3! (7&()0(+/(!%+-!'$(0)!20K(20$,,-!',!(7&)(33!0'!FN%+3(+!('!%2C=!;<<S=!&C!;"gOGC!! 1>0''()!03!%)/$0L%2=!>$0/$!0+/)(%3(3!0'3!)(2(L%+/(!%+-!0A&,)'%+/(!0+! /,AA.+0/%'0,+C!:2'$,.9$!'$()(!%)(!20A0'3!',!'$03!,+!'$(!%/'.%2!1>0''()!>(830'(=! '$()(!%)(!+.A(),.3!)(20%82(!%)/$0L(!>(830'(3!>$()(!?,.!/%+!%//(33!'$(!&%3'! F[03/$()=!;<"<=!&C!"MGC!c+20K(!%!5%/(d',d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b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i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i.(3'0,+3!%)(!&,3(-h! !IPQR! Z$%'!>%3!'$(!-,A0+%+'!',+(!,5!1>(('3!-0)(/'(-!',>%)-3!D)0'03$! E('),2(.A!-.)0+9!%+-!%5'()!'$(!;<"<!4.25!,02!3&022o! IPSR! Z$%'!>%3!'$(!-,A0+%+'!5,/.3!,5!1>(('3!-0)(/'(-!',>%)-!D)0'03$! E('),2(.A!-.)0+9!%+-!%5'()!'$(!;<"<!4.25!,02!3&022o! IPTR$ Z$%'!>()(!'$(!-,A0+%+'!*A%9(!b(3',)%'0,+!W')%'(9?!(A&2,?(-!8?! D)0'03$!E('),2(.A!,+!1>0''()!0+!)(3&,+3(!',!'$(!;<"<!4.25!,02!3&022o! ! ! ! ! #$%&'()!Q! 6('$,-,2,9?! *+!,)-()!',!3'.-?!8,'$!$,>!D)0'03$!E('),2(.A!.3(-!*A%9(!b(3',)%'0,+! W')%'(9?!FD(+,0'=!"SSgG!0+!'$(0)!3,/0%2!A(-0%!)(3&,+3(!',!'$(!,02!3&022!%+-!$,>!'$(! &.820/!.3(-!3,/0%2!A(-0%!%3!%!&2%'5,)A!',!)(3&,+-!%+-!)(%/$!DE!%5'()!'$(!;<"<!4.25! ,02!3&022=!%!/,+'(+'!%+%2?303!>%3!/,+-./'(-C!1$(!%+%2?303!,5!1>(('3!9(+()%'(-!8?! DEp:A()0/%!%+-!1>(('3!>)0''(+!8?!'$(!&.820/!',!qDEp:A()0/%!>()(!%22!&),-./(-! 8('>((+!6%?!;=!;<"<!%+-!N%+.%)?!"M=!;<";C!1$(!9)(%'(3'!&()/(+'%9(3!FOSCMm!%+-! OMCQmG!,5!/,+'(+'!/%A(!5),A!'$(!50)3'!5(>!A,+'$3!0AA(-0%'(2?!5,22,>0+9!'$(!,02! 3&022C!! J,"1*$7/$N,(#=*"*$$ !W(L()%2!.+0'3!,5!%+%2?303!>()(!%+%2?J(-!0+!,)-()!',!9%'$()!%22!+(/(33%)?! 0+5,)A%'0,+!',!%+3>()!'$(!)(3(%)/$!i.(3'0,+3C!1$(!.+0'3!,5!%+%2?303!0+/2.-(-!3,/0%2! A(-0%!'?&(=!A(33%9(!',+(=!9(+-()!,5!3(+-()=!-%'(!,5!A(33%9(=!A(33%9(!5,/.3=!%+-!DE! 0A%9(!)(3',)%'0,+!3')%'(9?!F3((!:&&(+-07!:!5,)!#,-(8,,KGC! %(:&#",3$ ! :22!1>(('3!.3(-!0+!'$(!3%A&2(3!5,)!/,+'(+'!%+%2?303!>()(!3(2(/'(-!%'!)%+-,AC! *+!,)-()!',!0-(+'05?!'$(!L%)0,.3!0A%9(!)(3',)%'0,+!3')%'(90(3!.3(-!8?!DE=!%!3%A&2(!,5! "<S!1>(('3!>%3!3(2(/'(-!%'!)%+-,A!5),A!'$(!0+0'0%2!3%A&2(!,5!Q<<!1>(('3!9%'$()(-! 5),A!%+!%)/$0L(!3()L0/(C!:!3(/,+-!3%A&2(!,+!O;!1>(('3!-0)(/'(-!%'!DE!>%3! )%+-,A2?!3(2(/'(-!5),A!'$(!0+0'0%2!9%'$()(-!3%A&2(!,5!"g<!1>(('3!-0)(/'(-!%'!DE! 5),A!%+!%)/$0L(!3()L0/(C!*+!%22=!"S"!1>(('3!/,A&)03(-!'$(!3%A&2(!.3(-!',!%+%2?J(! DE^3!)(3',)%'0,+!3')%'(90(3!%+-!%+3>()!'$(!'$)((!3'%'(-!)(3(%)/$!i.(3'0,+3C! ! ! ;;! ;Q! ! '7-",3$ ! 1>(('3!&),-./(-!8?!'$(!&.820/!-0)(/'(-!',>%)-3!qDEp:A()0/%!>()(!/,-(-! 5,)!'$(!5,22,>0+9!L%)0%82(3h!-%'(!FAAk--k??G=!9(+-()!,5!'$(!3(+-()=!',+(!,5!'$(! A(33%9(=!%+-!5,/.3!,5!'$(!A(33%9(C!1>(('3!&),-./(-!8?!DEp:A()0/%!>()(!/,-(-!5,)! '$(!5,22,>0+9!L%)0%82(3h!-%'(!FAAk--k??G=!0A%9(!)(3',)%'0,+k+,'!0A%9(!)(3',)%'0,+=! %+-!D(+,0'^3!"@!0A%9(!)(3',)%'0,+!3')%'(90(3!FW((!1%82(!;d;GC!U%/$!L%)0%82(!%+-!0'3! A(%+0+9!>%3!%9)((-!.&,+!8?!'$(!/,-()3!FW((!:&&(+-07!:!Gh!! • +/$,h!1$(!?(%)=!A,+'$=!%+-!-%'(!'$%'!(%/$!0+-0L0-.%2!'>(('!>%3! &.8203$(-C!U%/$!1>(('!0+!'$03!3'.-?!$%-!%!-%'(!'$%'!3$,>3!>$(+!0'! >%3!&.8203$(-C! • 9,*:,%h!Z$(+!&,33082(=!'$(!9(+-()!,5!'$(!0+-0L0-.%2!>%3!)(/,)-(-!%3! XA%2(Y!,)!X5(A%2(YC!:'!'0A(3=!'$(!9(+-()!>%3!.+/2(%)!%+-!)(/,)-(-!%3! X,'$()YC!! • ;)*,h!Z$(+!%&&20/%82(=!'$(!1>(('3!>()(!%+%2?J(-!5,)!',+(C!#,+'(+'! '$%'!>%3!>)0''(+!0+!3.&&,)'!,5!DE!,)!0'3!(55,)'3!',!/2(%+!'$(!4.25=! )(/'05?!'$(!30'.%'0,+=!,)!'%K(!)(3&,+308020'?!5,)!>$%'!'$(?!$%-!-,+(! >()(!/2%33050(-!%3!X&,30'0L(YC!#,+'(+'!'$%'!/,+-(A+(-!DE=!0'3! A(%3.)(3!0+!'$(!4.25=!'$(0)!)(3&,+3(!',!'$(!,02!3&022!0+!9(+()%2!>()(! /%'(9,)0J(-!%3!X+(9%'0L(YC!:23,!0+/2.-(-!%3!+(9%'0L(!>()(!%+?!1>(('3! '$%'!/)0'0/0J(-!DE^3!)(3&,+3(!%3!0+(55(/'0L(=!0+3.550/0(+'=!,)!0A&),&()C! #,+'(+'!'$%'!/$%22(+9(-!DE^3!$,+(3'?!%+-!0+'(9)0'?!0+!'$(!/2(%+.&!,)! %5'()A%'$!0+!%+?!>()(!/%'(9,)0J(-!%3!+(9%'0L(C!W,A(!/,+'(+'! /,+'%0+(-!8,'$!&,30'0L(!%+-!+(9%'0L(!)(A%)K3!',>%)-3!DE!%+-!'$(0)! ! ! ;@! ! )(3&,+3(!',!'$(!,02!3&022!%+-!%3!3./$!>%3!/%'(9,)0J(-!%3!X+(.')%2YC! #,+'(+'!'$%'!(7&)(33(-!+,!3'),+9!5((20+9=!,55()(-!3.99(3'0,+3!,)! /2%)050/%'0,+3!>%3!%23,!/%'(9,)0J(-!%3!+(.')%2C!! • <)=(8")-"$>,"?,88/0,h!Z$(+!&,33082(=!'$(!/,-()3!0-(+'050(-!'$(!A%0+! 5,/.3!,5!'$(!1>(('!%3!8(0+9!0+!)(9%)-3!',!0+-.3')?!-%A%9(!,)! &),9)(33=!$(%2'$!/,+/()+3=!(+L0),+A(+'%2!-%A%9(!,)!&),9)(33=! 50+%+/0%2!%+-!(/,+,A0/!0A&%/'!,5!'$(!3&022=!)(/,L()?!(55,)'3=!,)!,'$()C!! • @4/0,"7,8$)%/$&)*".$%/$,01h!Z$(+!%&&20/%82(=!'$(!/,-()3! /%'(9,)0J(-!'$(!1>(('3!0+',!,+(!,5!'$(!"@!-055()(+'!3')%'(90(3! 0+/2.-(-!0+!D(+,0'^3!F"SSgG!*A%9(!b(3',)%'0,+!W')%'(9?!'$(,)?!FW((! 1%82(!;d;GC!"! '7-",3$9+#"(D"#"1=$ 1$(!)(3(%)/$()!%+-!%+,'$()!&.820/!)(2%'0,+3!9)%-.%'(!3'.-(+'=!%5'()!%9)((0+9! ,+!9.0-(20+(3!%+-!0+3')./'0,+3=!/,-(-!%!'(3'!3('!,5!"<g!1>(('3!-0)(/'(-!',! qDEp:A()0/%!%+-!9(+()%'(-!8?!qDEp:A()0/%!%+-!)(%/$(-!%+!%//(&'%82(!2(L(2!FCO@G! ,5!)(20%8020'?!-('()A0+(-!8?!.30+9!I,23'0^3!F"SRSG!)(20%8020'?!5,)A.2%C!! %1(1"*1"0(#$N,(#=*+*$ :5'()!/,-0+9!)(20%8020'?!>%3!(3'%8203$(-=!'$(!3%A&2(!3('3!>()(!/,-(-!%+-!%22! -%'%!>%3!(+'()(-!0+',!WEWW!5,)!-(3/)0&'0L(!%+-!0+5()(+'0%2!3'%'03'0/%2!%+%2?3(3C! W&(/050/%22?=!-%'%!>()(!-03&2%?(-!8?!5)(i.(+/?!%+-!&()/(+'!%+-!'(3'(-!5,)! -055()(+/(3!L0%!#$0d3i.%)(!'(3'3C! ! ! #$%&'()!@! b(3.2'3! 1$(!&.)&,3(!,5!'$(!3&(/050/!)(3(%)/$!i.(3'0,+3!'$%'!>()(!&.'!5,)>%)-!0+!'$03! 3'.-?!>%3!',!3&(/050/%22?!0+-(+'05?!$,>!)(3',)%'0,+!3')%'(9?!>%3!.3(-!,+!1>0''()=! $,>!0+-0L0-.%23!.3(-!1>0''()!%3!%!&2%'5,)A!',!L,0/(!'$(0)!,&0+0,+3!0+!'$(!>%K(!,5!'$(! 3&022=!%+-!50+%22?!',!-('()A0+(!'$(!&)0A%)?!/,+/()+!L,0/(-!8?!,5!1>0''()!.3()3!%5'()! '$(!3&022C!:+3>()0+9!'$(3(!i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i.(3'0,+3!>%3!9%'$()(-!5),A!'$(! 1>0''()!%)/$0L(!3()L0/(!1,&3?C!"g<!1>(('3!qDEp:A()0/%!>()(!/,22(/'(-!',!9%'$()!%! 3%A&2(!30J(!,5!O;!1>(('3!5,)!%+%2?303C!:+%2?J(-!/,+'(+'!/%A(!5),A!-%'(3!8(90++0+9! ,+!6%?!;=!;<"<=!%+-!(+-0+9!,+!W(&'(A8()!"@=!;<""C!:2'$,.9$!'$(!1>(('3!5,)!'$(! %+%2?J(-!3%A&2(!>()(!/,22(/'(-!%'!)%+-,A=!'$(!A%T,)0'?!,5!/,+'(+'!FOMCQmG!>%3! 9(+()%'(-!0+!;<"<!5),A!'$(!8(90++0+9!,5!'$(!,02!3&022!.+'02!:.9.3'!;<"<=!T.3'!%5'()!'$(! >(22!>%3!/%&&(-C!*+!'$(!%5,)(A(+'0,+(-!3%A&2(!'$(!9(+-()!,5!'$(!3(+-()3!>%3! )(&,)'(-!%3!QMC@m!A%2(=!"gC"m!5(A%2(=!%+-!@gCRm!,'$()!F3((!1%82(!@d"GC!! ! ! ! ;M! ;R! ! 1%82(!@C"!4(+-()!,5!1>(('!W(+-()! Gender Cumulative Frequency Valid Percent Valid Percent Percent Other 39 47.6 47.6 47.6 Male 29 35.4 35.4 82.9 Female 14 17.1 17.1 100.0 Total 82 100.0 100.0 ! H%'%!/,22(/'(-!',!%+3>()!'$(!)(3(%)/$!i.(3'0,+3!0+!)(9%)-!',!1>(('3! 9(+()%'(-!8?!D)0'03$!E('),2(.A!>()(!%23,!9%'$()(-!5),A!1>0''()!%)/$0L(!3()L0/(! 1,&3?C!1$)((!$.+-)(-!'>(+'?!1>(('3!5),A!DEp:A()0/%!>()(!/,22(/'(-!%+-!%!3%A&2(! ,5!"<S!1>(('3!>%3!3(2(/'(-!%'!)%+-,A!5,)!%+%2?303C!:+%2?J(-!/,+'(+'!)%+9(3!0+!-%'(! 5),A!6%?!"<=!;<"<=!',!N%+.%)?!"M=!;<";C!:2'$,.9$!'$(!1>(('3!>()(!3(2(/'(-!%'! )%+-,A=!0+!'$(!3%A(!A%++()!%3!'$(!50)3'!3%A&2(=!'$(!A%T,)0'?!FOSCMmG!,5!'$(!1>(('3! 0+!'$(!3%A&2(!%)(!5),A!'$(!'0A(!3&%+!5),A!'$(!8(90++0+9!,5!'$(!3&022!',!3$,)'2?!%5'()! '$(!>(22!>%3!/%&&(-C!:2A,3'!(09$'?!&()/(+'!FgSCOmG!,5!'$(!/,+'(+'!0+!'$(!3%A&2(! >%3!)(3',)%'0,+!3')%'(9?=!>$02(!;<C;m!,5!'$(!/,+'(+'!>%3!+,'!)(3',)%'0,+!3')%'(9?! F3((!1%82(!@d;GC!1>(('3!/,-(-!%3!+,'!)(3',)%'0,+!3')%'(9?!30A&2?!/,+'%0+(-!3,A(! 8%30/!0+5,)A%'0,+!,)!-0-!+,'!&()'%0+!',!'$(!,02!3&022!%+-!)(/,L()?C! 1%82(!@C;!E()/(+'%9(!,5!1>(('3!#,+'%0+0+9!b(3',)%'0,+!W')%'(9?! Frequency Valid Percent Valid Percent Restoration 87 79.8 79.8 Not Restoration 22 20.2 20.2 109 100.0 100.0 Total $ $ ! ! ;g! ! M+*1$7/$I+*+(90>$P)+*1"7,*$ IP$QR! Z$%'!>%3!'$(!-,A0+%+'!',+(!,5!1>(('3!-0)(/'(-!',>%)-3!D)0'03$! E('),2(.A!-.)0+9!%+-!%5'()!'$(!;<"<!4.25!,02!3&022o! " *+!,)-()!',!-('()A0+(!'$(!-,A0+%+'!',+(!,5!'$(!1>(('3!-0)(/'(-!',>%)-3!DE=! (%/$!0+-0L0-.%2!.+0'!,5!%+%2?303!>%3!/,-(-!',!-('()A0+(!>$('$()!'$(!,L()%22!',+(!,5! '$(!A(33%9(!>%3!&,30'0L(=!+(9%'0L(=!,)!+(.')%2!Fr;s@gCgQ=!-5s;=!&s<GC!:3!5,.+-!0+! 1%82(!@d;=!)(3.2'3!3$,>(-!'$%'!,5!'$(!"<S!'>(('3!%+%2?J(-!'$%'!RQC@m!FM;G!>()(! +(9%'0L(!0+!',+(C!1$(!-(50+0'0,+!,5!X+(9%'0L(Y!%3!.3(-!0+!'$(!%+%2?303!>%3!%+?!/,+'(+'! '$%'!/,+-(A+(-!D)0'03$!E('),2(.A=!,)!%+?!/,+'(+'!'$%'!/)0'0/0J(-!DE^3!)(3&,+3(!%3! 0+(55(/'0L(=!0+3.550/0(+'=!,)!0A&),&()C![,)!(7%A&2(=!+(9%'0L(!1>(('3!0+/2.-(-!,+(! 5),A!6%?!"S=!;<"<!>$(+!q9(,5520L0+9!1>(('(-!X*'!3((A3!20K(!qDEp:A()0/%!/2%0A!',! MK!8%))(23!%!-%?!0+!'$(!,02!3&022!03!'$(!8099(3'!Eb!20(!,5!'$(!?(%)!3,!5%)C!tDE$(%)0+9YC!!! a(.')%2d',+(-!1>(('3!%//,.+'(-!5,)!QMC@m!F;SG!,5!'$(!%+%2?J(-!/,+'(+'C! Xa(.')%2Y!>%3!-(50+(-!%3!/,+'(+'!'$%'!/,+'%0+(-!%+!(i.%2!%A,.+'!,5!&,30'0L(!%+-! +(9%'0L(=!/,+'(+'!'$%'!-0-!+,'!(7&)(33!3'),+9!5((20+9=!%+-!/,+'(+'!'$%'!9%L(! 3.99(3'0,+3=!/2%)050/%'0,+3C!#,+'(+'!/,-(-!%3!+(.')%2!0+/2.-(-!%!1>(('!5),A!6%?!Q=! ;<"<!8?!qJ%08%'3.!'$%'!3%?3!XB('!qDEp:A()0/%!K+,>!'$(!tV02W&022!03!0A&,)'%+'!',! ?,.Y!%+-!%+,'$()!1>(('!5),A!N.2?!"=!;<"<!>$(+!EDW!a(>3!I,.)!Fqa(>3I,.)G! 1>(('(-=!X!Z%'/$!qDEp:A()0/%!0+'()L0(>!20L(!,+!,.)!q.3')(%AYC!!1$(!50+%2!"C;m! F"G!,5!'$(!/,+'(+'!>%3!&,30'0L(!0+!',+(C!*+!,)-()!5,)!%!1>(('!',!8(!X&,30'0L(=Y!0'!$%-!',! /,+'%0+!/,+'(+'!'$%'!>%3!0+!3.&&,)'!,5!DE!%+-!'$(0)!(55,)'3!',!/2(%+!'$(!4.25!,)!0+! ! ! ;O! ! &)%03(!,5!'$(!&),9)(33!A%-(!8?!DE!0+!'$(!4.25C!1$(!,+2?!)(/,)-(-!&,30'0L(!1>(('!>%3! %!1>(('!'$%'!3'%'(-!'$%'!DE!$%-!8),.9$'!'$(!/,AA.+0'?!',9('$()!0+!'$(!4.25!5,)!%! 2%)9(!8%)8(i.(!(L(+'C!! 1%82(!@CQ!b(/,)-(-!1,+(!,5!1>(('3!H0)(/'(-!1,>%)-3!DE! Frequency Valid Percent Valid Percent Negative 52 63.4 63.4 Neutral 29 35.4 35.4 Positive 1 1.2 1.2 82 100.0 100.0 Total #$0d3i.%)(!L%2.(h!@gCgQ! IP$SR! Z$%'!>%3!'$(!-,A0+%+'!5,/.3!,5!1>(('3!-0)(/'(-!',>%)-!D)0'03$! E('),2(.A!-.)0+9!%+-!%5'()!'$(!;<"<!4.25!,02!3&022o! ! 1,!-('()A0+(!'$(!-,A0+%+'!5,/.3!,5!1>(('3!-0)(/'(-!',>%)-!D)0'03$! E('),2(.A!0+!'$(!-%'%!3('=!/,+'(+'!>%3!/,-(-!%+-!/%'(9,)0J(-!0+!,+(!,5!307!&,33082(! /%'(9,)0(3=!0+/2.-0+9h!0+-.3')?=!$(%2'$=!(+L0),+A(+'=!50+%+/0%2!%+-!(/,+,A0/!0A&%/'=! )(/,L()?=!%+-!,'$()C!1$(!&.)&,3(!,5!'$03!)(3(%)/$!i.(3'0,+!03!',!-('()A0+(!>$%'!'$(! -,A0+%+'!/,+/()+3!-.)0+9!'$(!,02!3&022!>()(!%A,+9!0+-0L0-.%23!%+-!9),.&3!>$,! .3(-!1>0''()!',!/,AA.+0/%'(!/,+/()+3!%+-!033.(3!-.)0+9!'$(!,02!3&022!%+-!/2(%+!.&! F3((!1%82(!@d@GC! !XV'$()Y!%//,.+'(-!5,)!'$(!2%)9(3'!&()/(+'%9(=!QSm!FQ;G!,5!/,+'(+'C!6%+?!,5! '$(!1>(('3!'$%'!5(22!0+',!'$03!/%'(9,)?!/,+'%0+(-!A(33%9(3!'$%'!(7&)(33(-!5).3')%'0,+! %3!>$,2(!',>%)-3!DE=!)%'$()!'$%+!/,+/()+0+9!%!3&(/050/!5,/.3C!1$(!(+L0),+A(+'!>%3! '$(!A,3'!5,/.3(-!,+!3&(/050/!/%'(9,)?=!>0'$!Q<m!F;MG!,5!'$(!'>(('3!/,+'%0+0+9! /,+'(+'!'$%'!/,+/()+(-!>$%'!DE!>%3!-,0+9!',!507!'$(!(+L0),+A(+'!,)!,'$()!/,+'(+'! ! ! ;S! ! '$%'!>%3!0+!)(9%)-3!',!(+L0),+A(+'%2!0A&%/'!-.(!',!'$(!3&022C!1>(('3!)(9%)-0+9!'$(! )(/,L()?!&),/(33!/,A&)03(-!;<Cgm!F"gG!,5!'$(!%+%2?J(-!/,+'(+'C!@CSm!F@G!,5!1>(('3! >()(!0+!)(9%)-!',!'$(!50+%+/0%2!%+-!(/,+,A0/!0A&%/'!'$%'!'$(!3&022!$%-!,+!'$,3(!'$%'! 0'!$%-!%55(/'(-C!*+-.3')?!%+-!$(%2'$!8,'$!>()(!'$(!5,/.3!,5!;C@m!F;G!,5!'$(!/,+'(+'! '$%'!>%3!%+%2?J(-!',!%+3>()!'$(!%8,L(!3'%'(-!)(3(%)/$!i.(3'0,+C! 1%82(!@C@!b(/,)-(-![,/.3(3!,5!6(33%9(3! Frequency Valid Percent Valid Percent Industry 2 2.4 2.4 Health 2 2.4 2.4 25 30.5 30.5 4 4.9 4.9 Recovery 17 20.7 20.7 Other 32 39.0 39.0 Total 82 100.0 100.0 Environment Financial / Economic impact #$0d3i.%)(!L%2.(h!R"CMR=!-5sM=!&s<!! 1,!(7&%+-!,+!'$(!50)3'!'>,!)(3(%)/$!i.(3'0,+3=!/),33!'%8.2%'0,+!>%3! /%2/.2%'(-!',!-('()A0+(!%+?!0))(9.2%)!,)!(7')(A(!L%)0%+/(3!8('>((+!',+(!%+-!5,/.3=! 9(+-()!%+-!',+(=!%+-!9(+-()!%+-!5,/.3!F3((!1%82(3!@dR=!@dR=!%+-!@dgGC! ! ! ! ! ! ! ! Q<! ! 1%82(!@CM!1,+(!`![,/.3!#),33!1%8.2%'0,+! Focus Fin. and econ. Industry Tone Health Environment impact Recovery Other Total Negative 1 1 20 3 10 17 52 Neutral 1 1 5 1 6 15 29 Positive 0 0 0 0 1 0 1 2 2 25 4 17 32 82 Total #$0d3i.%)(!L%2.(h!OCS;O! 1%82(!@CR!4(+-()!`!1,+(!#),33!1%8.2%'0,+! Tone Negative Gender Neutral Positive Total Other 23 15 1 39 Male 21 8 0 29 8 6 0 14 52 29 1 82 Female Total #$0d3i.%)(!L%2.(h!;CM<M! 1%82(!@Cg!4(+-()!`![,/.3!#),33!1%8.2%'0,+!! Focus Fin. and econ. Industry Gender Health Environ. impact Recovery Other Total Other 1 1 13 2 10 12 39 Male 1 1 9 1 2 15 29 Female 0 0 3 1 5 5 14 2 2 25 4 17 32 82 Total #$0d3i.%)(!L%2.(h!OC;M! 1$(!/),33!'%8.2%'0,+!'%82(3!-(A,+3')%'(!'$%'!'$()(!03!L%)0%+/(!8('>((+!',+(3! %+-!5,/.3!Fr;sOCSQ=!-5s"<=!&sCMMQGC!1$(!%)(%3!,5!5,/.3!'$%'!>()(!A,3'!&)(L%2(+'!0+! '$(!3%A&2(!%23,!3$,>!'$(!$09$(3'!/,+/(+')%'0,+!,5!+(9%'0L0'?C!1>(('3!&),-./(-!8?! ! ! Q"! ! 5(A%2(3!%&&(%)!',!8(!A,)(!(L(+2?!3&20'!8('>((+!+(9%'0L(!%+-!+(.')%2!/,+'(+'!'$%+! 1>(('3!&),-./(-!8?!A%2(3!Fr;s;CM"=!-5s@=!&sCR@G!C!1$(!9(+-()!`!5,/.3!/),33! '%8.2%'0,+!Fr;sOC;M=!-5s"<=!&sCR<@G!3$,>3!3,A(!.+8%2%+/(!0+!'$(!-03')08.'0,+!,5! A(33%9(!5,/.3!8('>((+!'$(!9(+-()3C!Z,A(+!3$,>!%!$09$()!/,+/(+')%'0,+!,5!1>(('3! 5,/.3(-!,+!)(/,L()?!>$02(!A(+!$%-!%!$09$()!5,/.3!,+!1>(('3!5,/.3(-!,+!'$(! (+L0),+A(+'C!1$(!$09$()!&()/(+'%9(!,5!A%2(3!0+!'$(!3%A&2(=!0+!%--0'0,+!',!'$(!$09$! 5)(i.(+/?!,5!1>(('3!'$%'!>()(!.+%82(!',!8(!/%'(9,)0J(-!0+',!,+(!,5!'$(!50L(!%)(%3!,5! 5,/.3!20K(2?!A%?!$%L(!3K(>(-!'$(!)(3.2'3!0+!'$(!&%)'0/.2%)!%)(%C"! IP$TR$ Z$%'!>()(!'$(!-,A0+%+'!*A%9(!b(3',)%'0,+!W')%'(9?!(A&2,?(-!8?! D)0'03$!E('),2(.A!,+!1>0''()!0+!)(3&,+3(!',!'$(!;<"<!4.25!,02!3&022o! ! V+(!$.+-)(-!+0+(!1>(('3!9(+()%'(-!8?!D)0'03$!E('),2(.A!>()(!%+%2?J(-!',! -('()A0+(!'$(!-,A0+%+'!*A%9(!b(3',)%'0,+!W')%'(9?!FD(+,0'=!"SSgG!(A&2,?(-!8?!DE! 0+!1>0''()!/,+'(+'!%5'()!'$(!3&022!%+-!-.)0+9!'$(!)(/,L()?!5),A!'$(!-03%3'()! Fr;s"RSC;R=!-5sS=!&s<GC!:3!3((+!0+!1%82(!@dg=!%2A,3'!O<m!FOgG!,5!'$(!1>(('3!>()(! )(3',)%'0,+!3')%'(90(3!%+-!%82(!',!8(!/%'(9,)0J(-!0+!+0+(!,5!D(+,0'^3!&,33082(!"@! 3')%'(90(3C!;<m!F;;G!1>(('3!>()(!+,'!0A%9(!)(3',)%'0,+=!A(%+0+9!'$%'!'$(?!>()(! T.3'!3,A(!5,)A!,5!30A&2(!0+5,)A%'0,+!%+-!.+%82(!',!8(!/%'(9,)0J(-!0+!,+(!,5!'$(! &,33082(!"@!3')%'(90(3C![,)!(7%A&2(=!,+!N.2?!g=!;<"<!qDEp:A()0/%!1>(('(-!%+! %++,.+/(A(+'!(+/,.)%90+9!5,22,>()3!',!X3'%?!'.+(-!5,)!20L(!'>(('0+9!,5!'$(!2%'(3'! .&-%'(3CY!1$03!1>(('!03!T.3'!%!>%?!,5!0+5,)A0+9!5,22,>()3!'$%'!A,)(!0+5,)A%'0,+!>022! 8(!)(2(%3(-!0+!'$(!+(%)!5.'.)(=!0'!03!+,'!%!)(3',)%'0,+!'%/'0/C!:+,'$()!(7%A&2(!,5! ! ! Q;! ! /,+'(+'!'$%'!>%3!/,-(-!%3!+,'!)(3',)%'0,+!03!5),A!N.2?!"@=!;<"<!>$(+!qDEp:A()0/%! 1>(('(-!%8,.'!%!8)0(50+9!8(0+9!A,L(-!.&!8?!%+!$,.)C!!! [,)'?d'>,!&()/(+'!F@RG!,5!'$(!1>(('3!>()(!/,-(-!%3!/,))(/'0L(!%/'0,+=!>$0/$! >%3!'$(!A,3'!/,AA,+!3')%'(9?!(A&2,?(-!8?!DEC!#,))(/'0L(!%/'0,+!1>(('3!5,/.3(-! ,+!'(/$+0/%2!A(%3.)(3!'$%'!>()(!8(0+9!'%K(+!8?!DE!',!3',&!'$(!3&022!%+-!/2(%+!'$(!,02C! V+!N.2?!"M=!;<"<!qDEp:A()0/%!1>(('(-!X:'!";hQ<&A!>(!3'%)'(-!',!/2,3(!'$(!/$,K(! `!>(!-0-!0'!$%25!%!'.)+!%'!%!'0A(!',!32,>2?!/2,3(!'$(!>(22!0+CY!1$03!1>(('!>%3!/,-(-!%3! /,))(/'0L(!%/'0,+!%+-!03!5),A!'$(!-%?!'$%'!'$(!>(22!>%3!50+%22?!3(%2(-C!:+,'$()! (7%A&2(!,5!/,))(/'0L(!%/'0,+!>%3!1>(('(-!,+!6%?!"<=!;<"<!>$(+!qDEp:A()0/%! 3%0-!XZ(!%)(!%23,!0+!'$(!&),/(33!,5!9%0+0+9!%//(33!%'!'$(!8,'',A!,5!'$(!DVEC!1$(!+(7'! 3'(&!03!'$(!T.+K!3$,'!%+-!',&!K022!',!3$.'!,55!'$(!52,>CY!! !!D,23'()0+9!>%3!'$(!3(/,+-!A,3'!/,AA,+!3')%'(9?!%+-!(+/,A&%33(-!%2A,3'! "Rm!F"gG!,5!'$(!/,-(-!/,+'(+'C!D,23'()0+9!>%3!-(50+(-!%3!>$(+!DE!')0(-!',! (A&$%30J(!'$(!&,30'0L(!'$0+93!'$(?!>()(!-,0+9!)%'$()!'$%+!'$(!+(9%'0L(!(L(+'3!'$%'! >()(!%/'.%22?!'%K0+9!&2%/(C![,)!(7%A&2(=!DE!,5'(+!1>(('(-!%8,.'!3(%5,,-!3%5('?!%+-! $,>!L()?!5(>!'(3'3!,+!4.25!3(%!5,,-!>()(!/,A0+9!8%/K!>0'$!&,30'0L(!)(3.2'3!5,)! /,+'%A0+%'0,+C!1$03!)(/.))(+'!'$(A(!-(A,+3')%'(3!8,23'()0+9!8(/%.3(!>$02(!%22!'$(! 3(%5,,-!>%3!3.&&,3(-2?!3%5(=!'$(!>(22!>%3!3'022!+,'!/%&(-!%+-!,02!>%3!3'022!52,>0+9C!! !V5!'$(!)(3'=!SC;m!F"<G!>()(!/2%33050(-!%3!.30+9!/,A&(+3%'0,+!%3!)(3',)%'0,+! 3')%'(9?j!')%+3/(+-(+/(!>%3!(A&2,?(-!0+!@CRm!FMG!,5!'$(!%+%2?J(-!-%'%j! A0+0A0J%'0,+!%3!3')%'(9?!>%3!.3(-!0+!;COm!FQG!0+!'$(!-%'%j!3$05'0+9!82%A(!%+-!9,,-! ! ! QQ! ! 0+'(+'0,+!>()(!(%/$!,83()L(-!"COm!F;G!,5!'$(!'0A(j!%+-!30A&2(!-(+0%2!%+-!%''%/K0+9! '$(!%//.3()!>()(!(%/$!(A&2,?(-!0+!CSm!F"G!,5!'$(!/,+'(+'!C!! 1%82(!@CO!*A%9(!b(3',)%'0,+!W')%'(9?![)(i.(+/0(3!! Frequency Valid Not Restoration Strategy Percent 22 20.2 20.2 Simple Denial 1 .9 .9 Shifting Blame 2 1.8 1.8 Good Intention 2 1.8 1.8 17 15.6 15.6 Minimization 3 2.8 2.8 Transcendence 5 4.6 4.6 Attack the Accuser 1 .9 .9 Compensation 10 9.2 9.2 Corrective Action 46 42.2 42.2 109 100.0 100.0 Bolstering Total #$0d3i.%)(!L%2.(h!"RSC;R! ! ! ! ! Valid Percent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i.0&&(-!>0'$!%!/,A&.'()!,)!,'$()!-(L0/(C!*'!/%+!8(!%!5%3'!%+-!(550/0(+'!>%?!',!)(2%?! L0'%2!0+5,)A%'0,+!0+!'0A(3!,5!/)0303C!1>0''()!%22,>3!5,)!'>,d>%?!3?AA(')0/%2! /,AA.+0/%'0,+=!%!'>,d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qDE42,8%2Eb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c+0'(-!W'%'(3!>()(!3').9920+9!50+%+/0%22?!%3!%!)(3.2'C! U+L0),+A(+'%203'3!%+-!'$(!0+/)(%30+9!+.A8()!,5!0+-0L0-.%23!>$,=!%'!'$(!'0A(=!>()(! 8(90++0+9!',!L0(>!,02!%3!X-0)'?Y!-.(!',!'$(!0A&%/'!,5!,55d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g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hQ<%A!>(!/2,3(-!'$(!K022!20+(C!:'!'$%'!&,0+'!'$(!,+2?!52,>!>%3!9,0+9!,.'! '$(!/$,K(!20+(CY!1(/$+0/%2!2%+9.%9(!20K(!'$%'!/%+!8(!.+/2(%)!',!%+!%L()%9(!&()3,+! .+2(33!'$(?!$%-!K+,>2(-9(!,5!>$%'!%!K022!20K(!%+-!/$,K(!20+(!%)(C!:'!'0A(3!-.)0+9!'$(! 3&022=!DE!(L(+!.3(-!3,/0%2!A(-0%!',!A%K(3!T,K(3!%8,.'!'$(!30'.%'0,+=!0+/2.-0+9!,+(! 5),A!6%?!;g=!;<"<!%8,.'!/2(%+!.&!)(3.A0+9!%3!3,,+!%3!%!rrB!>('!3.0'!>%3!5,.+-!5,)! %!2%)9()!0+-0L0-.%2!)(3&,+3082(!5,)!/2(%+!.&!—!%!3')%'(9?!'$%'!/2(%)2?!3$,.2-!$%L(! 8((+!%L,0-(-!05!'$(?!>()(!/,+/()+(-!%8,.'!'$(0)!0A%9(!0+!%+?!>%?C!! :23,!0+!%//,)-%+/(!>0'$!&)(L0,.3!20'()%'.)(!>%3!'$03!3'.-?^3!50+-0+93!%8,.'! '$(!>%?!0+-0L0-.%23!.3(-!3,/0%2!A(-0%!',!)(%/$!%+-!/,++(/'!>0'$!DEC!1$(!9)(%'(3'! &()/(+'%9(!FRQC@mG!,5!1>(('3!-0)(/'(-!%'!qDEp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d>%?! /,AA.+0/%'0,+!'$),.9$!A('$,-3!,'$()!'$%+!A(('0+9!5%/(d',d5%/(!,)!'$),.9$! '(2(&$,+(3!03!+,>!'$(!+,)AC!#,AA.+0/%'0,+!&2%'5,)A3!20K(!1>0''()!%+-!,'$()!3,/0%2! A(-0%!$%L(!8)0-9(-!%!9%&!8('>((+!0+-0L0-.%23!%+-!/,A&%+0(3C!1$(!+((-!5,)! ')%+3&%)(+/?=!$,+(3'?=!%+-!/,++(/'0,+!03!9)(%'()!'$%+!(L()!8(/%.3(!,5!$,>! %//(33082(!(L()?,+(!$%3!8(/,A(C!*'!03!+,!2,+9()!+(/(33%)?!',!>)0'(!%!2(''()!,)!&2%/(!%! &$,+(!/%22!',!L,0/(!?,.)!,&0+0,+!%8,.'!%!/,A&%+?!,)!30'.%'0,+C!E)(33!)(2(%3(3=!&)(33! /,+5()(+/(3=!%+-!')%-0'0,+%2!A('$,-3!,5!&.820/!)(2%'0,+3!%)(!+,>!T.3'!&%)'!,5!'$(! &)%/'0/(!,5!8.02-0+9!%+-!A%0+'%0+0+9!)(2%'0,+3$0&3!>0'$!'$(!&.820/!8(/%.3(!,5!3,/0%2! A(-0%C!! H.)0+9!'0A(3!,5!/)0303=!3,/0%2!A(-0%!$%3!8(/,A(!%!L0'%2!,.'2('!',!9%'$()!%+-! 3(+-!0+5,)A%'0,+C!*'!$%3!8(/,A(!(7&(/'(-!5,)!%+!,)9%+0J%'0,+=!0+-0L0-.%2=!,)! /,A&%+?!',!.3(!3,/0%2!A(-0%!',!%--)(33!/,+/()+3!%+-!-033(A0+%'(!0+5,)A%'0,+! -.)0+9!'0A(3!,5!/)0303!>$('$()!'$(?!%)(!(A()9(+/?!/)03(3=!/,)&,)%'(!/)03(3=!'(/$+0/%2! A%25.+/'0,+3=!,)!,'$()>03(C!DE^3!32,>!)(%/'0,+!,+!3,/0%2!A(-0%!%+-!.+>0220+9+(33!',! ! ! QS! ! (+9%9(!>0'$!/,+/()+(-!/0'0J(+3!2,,K0+9!',!(+9%9(!,+!1>0''()!%+-!,'$()!3,/0%2!A(-0%! >%3!T.3'!5.(2!',!'$(!50)(!-.)0+9!'$(!,02!3&022!%+-!0'3!/2(%+!.&C!! :2'$,.9$!'$(!>(22!$%3!8((+!/%&&(-!0+!'$(!4.25!%+-!80220,+3!,5!-,22%)3!$%L(! 8((+!3&(+'!,+!'$(!/2(%+!.&!%+-!,+!/,A&(+3%'0,+!A(%3.)(3!5,)!/0'0J(+3!0+!'$(!4.25=! DE!3'022!5%/(3!$%)3$!/)0'0/03A!5,)!'$(0)!$%+-20+9!,5!'$(!,02!3&022C!:3!'0A(!&%33(3!%+-! A,)(!0+5,)A%'0,+!/,A(3!,.'!%8,.'!DE!&)%/'0/(3!8(5,)(!%+-!-.)0+9!'$(!3&022=!0+! %--0'0,+!',!'$(!%A,.+'!,5!-%A%9(!-,+(!',!'$(!(+L0),+A(+'=!0+-.3')?=!%+-!$(%2'$!,5! 4.25!/0'0J(+3=!DE!$%3!',!/,+'0+.(!',!%--)(33!'$(!/)0303!%+-!&)%/'0/(!/)0303! /,AA.+0/%'0,+C!1$(0)!.3(!,5!3,/0%2!A(-0%!$%3!(L,2L(-!5),A!8(0+9!+(%)2?!+,+d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i.(!0+!A%+?! >%?3=!'$(!0+-0L0-.%23!)(3&,+3082(!5,)!'$(!/)0303!/,AA.+0/%'0,+!&2%+!/,.2-!$%L(! 2,,K(-!',!'$(!&%3'C!W&(/050/%22?=!'$(?!/,.2-!$%L(!%L,0-(-!U77,+^3!A03'%K(3C!! :+,'$()!0A&20/%'0,+!5),A!'$03!3'.-?!5,)!&.820/!)(2%'0,+3!&),5(330,+%23! 0+/2.-(3!K+,>0+9!'$(!0A&,)'%+/(!,5!K+,>0+9!?,.)!%.-0(+/(!%+-!'$(0)!/,+/()+3C!I%-! DE!K+,>+!'$(0)!%.-0(+/(!%+-!9%.9(-!'$(0)!/,+/()+3=!'$(?!/,.2-!$%L(!-0)(/'2?! %--)(33(-!'$(AC!W,/0%2!A(-0%!%22,>3!5,)!A,+0',)0+9!>$%'!&(,&2(!%)(!3%?0+9!%8,.'!%! &%)'0/.2%)!/,A&%+?!'$),.9$!/$%++(23!3./$!%3!82,93!%+-!1>(('3C!1%K0+9!'$(!'0A(!',! 3(%)/$!3,/0%2!A(-0%!%+-!(+9%9(!'$,3(!>0'$!/,+/()+3=!/)0'0/03A3=!,)!(L(+!3.&&,)'! $(2&3!8(''()!0-(+'05?!/,+/()+3!%+-!%--)(33!'$(AC!DE^3!1>0''()!%//,.+'!-0-!+,'! A0)),)!'$(!/,+/()+3!,5!'$,3(!')?0+9!',!/,++(/'!>0'$!'$(AC!1$(!3,/0%2!A(-0%!0+! 9(+()%2=!%+-!1>0''()!0+!&%)'0/.2%)=!%)(!A,)(!'$%+!&2%'5,)A3!5,)!(+'()'%0+A(+'j!'$(?! $%L(!-(A,+3')%'(-!'$(0)!3()0,.3!0A&20/%'0,+3!%+-!&,>()!%+-!3$,.2-!+,'!$%L(!8((+! ,L()2,,K(-!%+-!A03.3(-!%3!'$(?!>()(!8?!DEC!!DE^3!+(9209(+'!8($%L0,)!>%3!/%22(-!',! %''(+'0,+!0+!%!1>(('!5),A!q6%/K/,220()!>$,!3%0-!XW()0,.32?!05!qDEp:A()0/%!-,(3+^'! /%)(!(+,.9$!',!A,+0',)!1>0''()!,)!(+9%9(!$()(=!>$%'!A%K(3!.3!'$0+K!'$(?!/%)(! %8,.'!qDE42,8%2EboYC! !1$03!3'.-?!3$,>(-!$,>!0+-0L0-.%23!.3(-!3,/0%2!A(-0%!0+!'0A(3!,5!/)0303!',! L,0/(!'$(0)!,&0+0,+3C!*+!'$03!/%3(=!'$()(!>%3!+,!3$,)'%9(!,5!1>(('3!$%)3$2?!/)0'0/0J0+9! (L()?!A,L(!'$%'!DE!>%3!A%K0+9C!!V+!6%?!Q=!;<"<!qa%'.)%2E%&%!1>(('(-!XI(?! qDEp:A()0/%!`!>$?!%)(!/0'0J(+3!L,2.+'(()0+9!',!/2(%+!?,.)!5)(%K0+^!A(33o!E.'!'$,3(! &),50'3!',!9,,-!.3(!%+-!/2(%+!.&!%5'()!?,.)3(25CY![.)'$()!%!1>(('!5),A!N.+(!@=!;<"<! 9(+()%'(-!,)090+%22?!5),A!qB.7.)?Eb4%2!8.'!)(d1>(('(-!+.A(),.3!'0A(3!3'%'(-! ! ! @"! ! XDE!03!3&(+-0+9!PM<!6*BB*Va!,+!%!+(>!%-!/%A&%09+C!1$(?!3$,.2-!3&(+-!'$%'!,+! /2(%+0+9!.&!'$(!,/(%+C!b1!05!.!%9)((!qDEp:A()0/%CY!W')%'(90/!&2%++0+9!%+-!&),&()! (A&2,?A(+'!,5!3,/0%2!A(-0%!0+!'$(!5.'.)(!/%+!%22,>!5,)!&.820/!)(2%'0,+3!&)%/'0'0,+()3! ',!%/$0(L(!8(''()!,.'/,A(3!'$%+!'$(!,.'/,A(3!)(%/$(-!8?!'$(!DE!&.820/!)(2%'0,+3! &2%+C!! 2":"1(1"7,*$(,-$?"9+01"7,$/79$U)91>+9$I+*+(90>$ 1$03!3'.-?!5,/.3(-!,+2?!,+!,+(!%3&(/'!,5!3,/0%2!A(-0%=!1>0''()=!%+-!0'3!.3(!0+! /)0303!/,AA.+0/%'0,+3C!1$(!)(3.2'3!,5!'$03!3'.-?!-(A,+3')%'(!$,>!DE^3!.3(!,5!*A%9(! b(3',)%'0,+!3')%'(9?!>%3!.3(-!0+!'$03!,+(!30+9.2%)!,.'2('=!%+-!$,>!'$(!&.820/! )(%/'(-!',!'$(!30'.%'0,+!,+!T.3'!'$%'!,+(!,.'2('C!Z$02(!3,/0%2!A(-0%!03!L()?!0A&,)'%+'=! 0'!>%3!T.3'!,+(!%3&(/'!,5!DE^3!/)0303!)(3&,+3(!%+-!0'!>%3!,+2?!,+(!>%?!'$%'!'$(!&.820/! )(%/'(-!%5'()!'$(!:&)02!;<"<!4.25!V02!W&022C!1>0''()!03!%!&,&.2%)!>%?!',!L(+'! 5).3')%'0,+3!%+-!5((20+93=!8.'!'$(!5,)A%'!,5!'$(!/,+'(+'!-,(3!A%K(!0'!L()?!-0550/.2'!',! 0+'()&)('!5((20+9!%3!3,A(!'$0+93!20K(!3%)/%3A!%+-!$.A,)!%)(!+,'!(%302?!.+-()3',,-! 0+!/()'%0+!/,+'(7'3C!! [.)'$()!)(3(%)/$!3$,.2-!0+/2.-(!,'$()!3,/0%2!A(-0%!,.'2('3!',!-('()A0+(!05! '$()(!>%3!%+?!L%)0%+/(!8('>((+!*A%9(!b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b(5()(+/(3! :.()=!6CbC!F;<""GC!1$(!&,20/?!3/0(+/(3!,5!3,/0%2!A(-0%C!M>+$87#"0=$%1)-"+*$V7)9,(#5$ $ TWXYZ[$g<S!`!gQ;C! ! D(+,0'=!ZCBC!F"SSgGC!*A%9(!)(&%0)!-03/,.)3(!%+-!/)0303!/,AA.+0/%'0,+C!8)D#"0$ I+#(1"7,*$I+O"+@5$ST\S[$"gg!`!"O@C! ! D)%-5,)-=!NCBC!u!4%))(''=!HCUC!F"SSMGC!1$(!(55(/'0L(+(33!,5!/,)&,)%'(!/,AA.+0/%'0L(! )(3&,+3(3!',!%//.3%'0,+3!,5!.+('$0/%2!8($%L0,)C!V7)9,(#$7/$G)*",+**$.1>"0*5$QY5$ OgM!`!OS;C! ! D)0'03$!E('),2(.AC!F;<"<GC!DE!/,+50)A3!'$%'!1)%+3,/(%+!B'-!033.(-!'$(!5,22,>0+9! 3'%'(A(+'!',-%?!FE)(33!b(2(%3(GC!b(')0(L(-!5),A!$''&hkk8&C/,AC! ! D)0'03$!E('),2(.AC!F;<"<GC!DE!,55()3!5.22!3.&&,)'!',!1)%+3,/(%+!%5'()!-)0220+9!)09!50)(! FE)(33!b(2(%3(GC!b(')0(L(-!5),A!$''&hkk>>>C8&C/,AC! ! D)0'03$!E('),2(.AC!F;<"<GC!DE!,55()3!3?A&%'$?!',!'$(!5%A020(3!,5!'$,3(!2,3'!0+!'$(!cW! ,02!)09!50)(!FE)(33!b(2(%3(GC!b(')0(L(-!5),A!$''&hkk>>>C8&C/,AC!! ! #$(,+9=!6C!u!B((=!fC#CWC!F;<""GC!:!A0/),82,990+9d8%3(-!%&&),%/$!',!'()),)03A! 0+5,)A%'0/3h!U7&2,)%'0,+!%+-!/$),+0/20+9!/0L020%+!3(+'0A(+'!%+-!)(3&,+3(!',! '()),)03A!(L(+'3!L0%!1>0''()C!4,/79:(1"7,$%=*1+:$U97,15$QT[$@M!`!MSC! ! #$(33=!#C!F;<"<GC!DE^3!)03K!/,AA.+0/%'0,+!-03%3'()C!.)97&+(,$V7)9,(#$7/$I"*6$ I+3)#(1"7,5$Th;""!`!;"gC! ! #,,A83=!1CZC!F;<<gGC!:'')08.'0,+!'$(,)?!%3!%!9.0-(!5,)!&,3'd/)0303!/,AA.+0/%'0,+! )(3(%)/$C!8)D#"0$I+#(1"7,*$I+O"+@5$TT[$"QM!`!"QSC!! ! #,,A83=!1CZC!F;<<@GC!*A&%/'!,5!&%3'!/)03(3!,+!/.))(+'!/)0303!/,AA.+0/%'0,+h! *+309$'3!5),A!30'.%'0,+%2!/)0303!/,AA.+0/%'0,+!'$(,)?C!V7)9,(#$7/$G)*",+**$ '7::),"0(1"7,5$YQ[$;RM!`!;OSC! ! H.-2(?=!DC!F;<"<=!6%?GC!G7D$?)-#+=$(1$1>+$0>"+/$+E+0)1"O+*H$0#)D$7/$G7*17,\$W&((/$! &)(3(+'(-!%'!'$(!#$0(5!U7(/.'0L(3^!#2.8!,5!D,3',+=!D,3',+=!6%C!! ! U-,3,A>%+=!WC=!E)%K%3%+=!WC\C=!\,.%A(=!HC=!Z%'3,+=!NC=!u!W(?A,.)=!1C!M>+$V7)9,(#$7/$ N&&#"+-$<(,(3+:+,1$(,-$.,19+&9+,+)9*>"&5$S]QQ5$Q^[$gS!`!S"C! ! [03/$()=!UC!u!b(.8()=!bC:C!F;<""GC!W,/0%2!0+'()%/'0,+!L0%!+(>!3,/0%2!A(-0%h!FI,>G!/%+! 0+'()%/'0,+3!,+!1>0''()!%55(/'!(55(/'.%2!'$0+K0+9!%+-!8($%L0,)o!M>+$V7)9,(#$7/$ G)*",+**$F+,1)9",35$S^[$"!`!"OC! ! 4)%''%+=!BC!u!b((3(=!:C!F;<""GC!H(&)(330,+h!D),%-()!&3?/$,2,90/%2!0A&%/'!,5!;<"<!DE! ,02!3&022C!.,+93=$K++6#=$L+@*5$<(90>$Y5$S]QQ[$QOM!`!QORC!! ! ! @@! ! 4)0993=!NCZC!F;<""GC!DE!9.25!,5!A(70/,!,02!3&022C!.,+93=$G(9$N**70"(1"7,$.,+93=$2(@$ V7)9,(#5$TSh!"!`!";C! ! 4).+09=!NCUC!F"SS<GC!1$(,)?!%+-!&)%/'0/(!,5!0+'()%/'0L(!A(-0%!)(2%'0,+3C!8)D#"0$ I+#(1"7,*$P)(91+9#=5$T_[$"O!`!;QC! ! I%)2,>=!ZC[C=!D)%+'2(?=!DC#C=!u!I%)2,>=!bC!F;<""GC!DE!0+0'0%2!0A%9(!)(&%0)! 3')%'(90(3%5'()!'$(!H((&>%'()!I,)0J,+!3&022C!8)D#"0$I+#(1"7,*$I+O"+@5$T`[$O<!`! OQC! ! I,23'0=!VCbC!F"SRSGC!'7,1+,1$(,(#=*"*$/79$1>+$*70"(#$$*0"+,0+$(,-$>):(,"1"+*\$b(%-0+9=! 6:Ch!:--03,+!`!Z(32(?!E.8203$0+9!#,A&%+?C! ! N%+3(+=!DCNC=!n$%+9=!6C=!W,8(2=!\C!u!#$,>-.)?=!:C!F;<<SGC!1>0''()!&,>()h!1>(('3!%3! (2(/'),+0/!>,)-!,5!A,.'$C!V7)9,(#$7/$1>+$N:+9"0(,$%70"+1=$/79$4,/79:(1"7,$(,-$ M+0>,7#73=5$^]XQQZ[$;"RS!`!;"OOC! ! 6/#%.2(?=!BC!F;<"<GC!U+L0),+A(+'3!%+-!$(%2'$h!Z022!'$(!DE!,02!3&022!%55(/'!,.)!$(%2'$o! N:+9"0(,$V7)9,(#$7/$L)9*",35$QQ][$M@!`!MRC! ! 6/W>0'(=!VC#C!F;<<SGC!1$(!/$%22(+9(!,5!3,/0%2!+('>,)K3C!N-:","*19(1"O+$M>+79=$(,-$ 89(E"*5$TQXQZ[$gO!`!SMC! ! 6,),J,L=!UC!F;<"<GC!#,9+0'0L(!3.)&2.3h!#)(%'0L0'?!%+-!9(+(),30'?!0+!%!/,++(/'(-!%9(C! G7*17,$I+O"+@5$T_[$;@!`!;RC! ! 6.)%20-$%)%+=!WC=!H02203',+(=!\C=!u!W$0+=!NC!F;<""GC!1$(!9.25!/,%3'!,02!3&022h!U7'(+-0+9! '$(!'$(,)?!,5!0A%9(!)(3',)%'0,+!-03/,.)3(!',!'$(!)(%2A!,5!3,/0%2!A(-0%!%+-! 8(?,+-!&('),2(.AC!8)D#"0$I+#(1"7,*$I+O"+@5$T`h!;;R!`!;Q;C!! ! b0'/$0(=!BC:C=!4022=!HC:C=!u!E0/,.=!NCWC!F;<""GC!1$(!DE!-03%3'()!%+-!%+!U77,+!f%2-(J! )().+C!$N:+9"0(,$%70"7#73"0(#$N**70"(1"7,5$%)::+9$S]QQ[$Q<!`!QMC!! ! WA0'$=!BC#C=!WA0'$=!BC6C=!u!:3$/),5'=!EC:C!F;<"<GC!!D09!,02=!809!/,+3(i.(+/(3=!%+-!'$(! 809!.+K+,>+h!U7&2,)0+9!'$(!2(9%2=!)(9.2%',)?=!%+-!(+L0),+A(+'%2!0A&%/'!,5! '$(!4.25!,02!3&022C!N#D(,=$2(@$I+O"+@5$`Y[$"!`!;@C!! ! W'%/K3=!HCZC=!u!60/$%(23,+=!HC!F;<"<GC!!N$&9(01"1"7,+9H*$3)"-+$17$&)D#"0$9+#(1"7,*$ 9+*+(90>5$:+(*)9+:+,15$(,-$+O(#)(1"7,C!!a(>!_,)Kh!D.30+(33!U7&()'!E)(33C! ! Z%'()3=!bCHC=!10+-%22=!aC1CNC=!u!6,)',+=!1CWC!F;<"<GC!6(-0%!/%'/$0+9!%+-!'$(!T,.)+%203'd! ! &.820/!)(2%'0,+3!&)%/'0'0,+()!)(2%'0,+3$0&h!I,>!3,/0%2!A(-0%!%)(!/$%+90+9!'$(! ! &)%/'0/(!,5!A(-0%!)(2%'0,+3C!V7)9,(#$7/$8)D#"0$I+#(1"7,*$I+*+(90>5$SSXTZh!;@"!`!! ! ;R"C! ! ! ! ! @M! ! Z(0+()=!DC!F"SOMGC!A):(,$:71"O(1"7,\$a(>!_,)Kh!W&)0+9()! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! :EEUaH*r!:! ;>,8&8"A):&*0" B*&$8")-"#*/618&8C" 1$(!3'.-?!(7%A0+(-!3,/0%2!A(-0%!A(33%9(3!8?!D)0'03$!E('),2(.A!FDEG!%+-!,'$()3C!! W(L()%2!.+0'3!,5!%+%2?303!>022!8(!(7%A0+(-!0+!)(3&,+3(!',!'$(!3,/0%2!A(-0%!/,+'(+'! 9(+()%'(-!8?!DE!:A()0/%!%3!%!)(3&,+3(!',!'$(!,02!3&022C! .)=&/6"?,:&/";15,C" D! #,AA(+'3!9(+()%'(-!8?!'$(!&.820/!',>%)-!qDEp:A()0/%!,+!1>0''()! E! 1>0''()!/,+'(+'!9(+()%'(-!8?!qDEp:A()0/%! 7,8$)%/$&)*".$%/$,01C" D! b(3',)%'0,+!3')%'(9?! E! a,'!)(3',)%'0,+!3')%'(9?!! @4/0,"7,8$)%/$&)*".$%/$,01"FG,*)&$H"DIIJKC" D! .&456,"+,*&/6!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',!%+?! %//.3%'0,+3!8?!)(5.'0+9!/2%0A3!,5!)(3&,+308020'?! E! .>&-$&*0"G6/4,!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',! %//.3%'0,+3!8?!&2%/0+9!/.2&%8020'?!,+!%+,'$()!&%)'?!'$%'!A%?!,)!A%?!+,'! $%L(!8((+!0+L,2L(-!! L! M%)N)=/$&)*!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!%-A0'3!'$(?!%)(!',! 82%A(=!8.'!'$%'!'$(?!>()(!&),L,K(-!0+',!/,AA0''0+9!'$(!$%)A5.2!%/'0,+! O! +,-,/8&'&6&$1!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',! %//.3%'0,+3!8?!3%?0+9!'$%'!'$(?!2%/K(-!/,+'),2!,)!0+5,)A%'0,+!+((-(-!',! &)(L(+'!'$(!%/'0,+3!'$(?!%)(!%//.3(-!,5! ! ! @R! @g! ! P! #==&:,*$8!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',!%//.3%'0,+3! 8?!3'%'0+9!'$%'!'$(!(L(+'!>%3!.+0+'(+'0,+%2! Q! 9)):"@*$,*$&)*!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',! %//.3%'0,+3!8?!(7&2%0+0+9!'$%'!'$(!(L(+'!>%3!'$(!)(3.2'!3,A('$0+9! &2%++(-!>0'$!9,,-!&.)&,3(!'$%'!>(+'!>),+9!0+%-L()'(+'2?! J! G)68$,%&*0!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!$09$209$'3!&,30'0L(! /$%)%/'()03'0/3!'$(?!$,2-!>$0/$!'$(?!8(20(L(!,.'>(09$!'$(!8%-!0+!'$(! 30'.%'0,+! R! ?&*&4&S/$&)*!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!-,>+&2%?3!'$(! 3()0,.3+(33!,)!9)%L0'?!,5!'$(!30'.%'0,+! I! +&--,%,*$&/$&)*!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',!'$(! %//.3%'0,+3!8?!(7&2%0+0+9!'$%'!'$(!(L(+'!03!-055()(+'!5),A!,'$()!%/'3!%+-! /%++,'!8(!/,A&%)(-!',!,)!.+-()3',,-!'$),.9$!,'$()!(L(+'3! DT! ;%/*8=,*:,*=,!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',! %//.3%'0,+3!8?!(7&2%0+0+9!'$%'!'$(!(L(+'!3$,.2-!8(!.+-()3',,-!0+!%! -055()(+'!/,+'(7'!'$%+!0'!03!/.))(+'2?!8(0+9!.+-()3',,-!! DD! #$$/=U"#==(8,%!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!'.)+3!'$(!82%A(! %),.+-!%+-!&.'3!0'!,+!'$(!&%)'?!'$%'!03!%//.30+9!'$(A!,5!/%.30+9!'$(! &),82(A! DE! !A)45,*8/$&)*!d!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!)(3&,+-3!',!'$(! %//.3%'0,+3!8?!3'%'0+9!'$%'!'$,3(!0A&%/'(-!>022!8(!%82(!',!)(/,L()! -%A%9(3=!8.'!-,(3!+,'!+(/(33%)02?!A(%+!'$%'!'$(!%//.3(-!03!'%K0+93! )(3&,+308020'?!5,)!/%.30+9!'$(!-%A%9(! ! ! @O! ! DL! A)%%,=$&N,"#=$&)*!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!'%K(3! )(3&,+308020'?!5,)!.+-()'%K0+9!+(/(33%)?!A(%3.)(3!',!507!'$(!&),82(A=! 8.'!-,(3!+,'!+(/(33%)02?!'%K(!)(3&,+308020'?!5,)!/%.30+9!'$(!&),82(A! DO! ?)%$&-&=/$&)*!`!-(50+(-!%3!>$(+!'$(!%//.3(-!&%)'?!%-A0'3!)(3&,+308020'?! 5,)!%!/()'%0+!(L(+'!%+-!%3K3!5,)90L(+(33!5),A!'$(!9(+()%2!&.820/!%+-! '$,3(!0A&%/'(-! ;)*,C" D! M)8&$&N,l5%L,)3!'$(!%/'0,+3!'%K(+!k!/,AA(+'3!A%-(!8?!DE! E! a(0%'0L(l/)0'0/0J(3!'$(!%/'0,+3!'%K(+!k!/,AA(+'3!A%-(!8?!DE! L! a(.')%2l+(0'$()!5%L,)3!+,)!/)0'0/0J(3!'$(!%/'0,+3!'%K(+!k!/,AA(+'3!A%-(! 8?!DE!,)!'$()(!%)(!%!3((A0+92?!(i.%2!%A,.+'!,5!&,30'0L(!%+-!+(9%'0L(! /,AA(+'3! 9,*:,%")-"8,*:,%C" D! [(A%2(! E! 6%2(! L! V'$()! ! ! ! ! @S! ! ?,88/0,"<)=(8C" D! *+-.3')?! E! I(%2'$! L! U+L0),+A(+'! O! [0+%+/0%2!%+-!(/,+,A0/!0A&%/'!! P! b(/,L()?! Q! V'$()" +/$,")-"?,88/0," " @*8$%(=$&)*8C" #,-()3!%)(!)(3&,+3082(!5,)!%//.)%'(2?!/%'(9,)0J0+9!%22!-%'%!9%'$()(-!%3! /,))(/'2?!%3!&,33082(C![0)3'=!/,-()3!(+'()(-!'$(!-%'(!'$%'!'$(!.+0'!,5!%+%2?303!>%3! >)0''(+!0+!%!66kHHk__!5,)A%'C!W(/,+-=!>$(+!%&&20/%82(=!/,-()3!/%'(9,)0J(-!'$(! >)0'()!,5!'$(!.+0'!8(0+9!%+%2?J(-!%3!6%2(=![(A%2(=!,)!V'$()C!D(/%.3(!'$(!/,+'(+'! 8(0+9!%+%2?J(-!>%3!/,A0+9!5),A!3,/0%2!A(-0%!,.'2('3=!'$()(!A%?!8(!3,A(!+%A(3! '$%'!%)(!%20%3(3!,)!+,'!)(%2!+%A(3C!1$(3(!>()(!/%'(9,)0J(-!.+-()!XV'$()=Y!%3!>(22!%3! %+?!+%A(3!'$%'!%)(!.+03(7!,)!,'$()>03(!+,'!/2(%)C!a%A(3!'$%'!%)(!')%-0'0,+%22?! >,A(+^3!+%A(3!>()(!/%'(9,)0J(-!%3!X[(A%2(Y!%+-!')%-0'0,+%22?!A%3/.20+(!+%A(3!%3! X6%2(CY!! :22!-%'%!0+!'$(!3%A&2(!9(+()%'(-!5),A!DE!>%3!/,22(/'(-!5),A!'$(!/,A&%+?^3! L()050(-!1>0''()!%//,.+'C!1$(3(!'>(('3!>()(!/,-(-!5,)!-%'(=!)(3',)%'0,+!3')%'(9?=! %+-!>$(+!%&&20/%82(=!'$(!&%)'0/.2%)!*A%9(!b(3',)%'0,+!W')%'(9?C!1,!/,-(!/,+'(+'!5,)! *A%9(!b(3',)%'0,+!W')%'(9?!FD(+,0'=!"SSgG=!/,-()3!0-(+'050(-!'$(!3')%'(9?!DE! ! ! M<! ! (A&2,?(-!0+!/)(%'0+9!'$(!A(33%9(!/,+'(+'C!#,-()3!>()(!90L(+!%!203'!,5!'$(!"@! 3')%'(90(3!%+-!(7%A&2(3!,5!(%/$!8(5,)(!'$(!/,-0+9!&),/(33!8(90+3C!! 1$(!-%'%!3('!'$%'!03!/,A&,3(-!,5!/,AA(+'3!9(+()%'(-!8?!'$(!&.820/!-0)(/'(-! ',>%)-3!DE!>%3!'$(+!/,-(-!',!0-(+'05?!',+(=!)(5()(+/(!',!&%)'0/.2%)!3.8T(/'!%)(%=! -%'(=!%+-!9(+-()!,5!>)0'()C!#,+'(+'!'$%'!>%3!>)0''(+!0+!3.&&,)'!,5!DE!,)!'$(0)!(55,)'3! ',!/2(%+!'$(!4.25=!)(/'05?!'$(!30'.%'0,+=!,)!'%K(!)(3&,+308020'?!5,)!>$%'!'$(?!$%L(!-,+(! >%3!/%'(9,)0J(-!%3!XE,30'0L(CY!:23,!',!8(!/%'(9,)0J(-!%3!&,30'0L(!>()(!/,AA(+'3! %8,.'!A(%3.)(3!'$%'!%)(!&()/(0L(-!%3!(55(/'0L(!,)!/,AA(+'3!%8,.'!'$(! 0A&),L(A(+'3!'$%'!DE!03!)(3&,+3082(!5,)!0+!'$(!>%K(!,5!'$(!,02!3&022C!! #,+'(+'!'$%'!/,+-(A+(-!DE^3!&,3'(-!A(33%9(=!'$(0)!A(%3.)(3!0+!'$(!4.25=! %+-!'$(0)!)(3&,+3(!',!'$(!,02!3&022!0+!9(+()%2!>()(!/%'(9,)0J(-!%3!Xa(9%'0L(CY!#,+'(+'! '$%'!/)0'0/0J(-!DE^3!)(3&,+3(!%3!0+(55(/'0L(=!0+3.550/0(+'=!,)!0A&),&()!>%3!/%'(9,)0J(-! %3!+(9%'0L(C!#,+'(+'!'$%'!/$%22(+9(3!DE^3!$,+(3'?!%+-!0+'(9)0'?!0+!'$(!/2(%+.&!,)! %5'()A%'$!0+!%+?!>%?!>%3!%23,!/%'(9,)0J(-!%3!+(9%'0L(C!! W,A(!/,+'(+'!$%-!8,'$!&,30'0L(!%+-!+(9%'0L(!)(A%)K3!',>%)-!DE!%+-!'$(0)! )(3&,+3(!',!'$(!,02!3&022C!#,+'(+'!'$%'!0+/2.-(-!(i.%2!&%)'3!+(9%'0L(!%+-!&,30'0L(!>%3! /%'(9,)0J(-!%3!Xa(.')%2CY!:23,!',!8(!/%'(9,)0J(-!%3!+(.')%2=!>()(!'$,3(!'$%'!9(+()%22?! (7&)(33(-!+,!3'),+9!5((20+9!0+!(0'$()!-0)(/'0,+!%8,.'!'$(!%/'0,+3!8(0+9!.+-()'%K(+C! [,)!(7%A&2(=!3,A(!)(3&,+3(3!A09$'!90L(!%!3.99(3'0,+!,)!/2%)050/%'0,+=!8.'!>()(! +(0'$()!/)0'0/%2!+,)!>)0''(+!0+!&)%03(C!1$03!/,+'(+'!>%3!/%'(9,)0J(-!%3!+(.')%2C!! 1$(!/,+'(+'!0+!'$03!3%A&2(!3('!>%3!/,-(-!',!-('()A0+(!'$(!&%)'0/.2%)!5,/.3!,5! '$(!A(33%9(=!0+/2.-0+9h!0+-.3')?=!$(%2'$=!(+L0),+A(+'=!50+%+/0%2!%+-!(/,+,A0/! 0A&%/'=!)(/,L()?=!,)!,'$()C!! ! ! M"! ! D(5,)(!'$(!/,-0+9!%+-!/%'(9,)0J%'0,+!&),/(33!8(9%+=!/,-()3!-03/.33(-!%+-! /%A(!',!%9)((A(+'!,+!'$(!A(%+0+9!,5!'$(!/%'(9,)0(3!%8,L(C!V+/(!%9)((A(+'!%+-! .+-()3'%+-0+9!>%3!)(%/$(-=!/,-0+9!8(90+C!*+'()/,-()!)(20%8020'?!>022!8(!'(3'(-!',! (+3.)(!'$%'!%!$09$!2(L(2!,5!%9)((A(+'!03!)(%/$(-C!! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! :EEUaH*r!D! W/)((+!3$,'!,5!1>(('3!5),A!qDEp:A()0/%!! ! ! ! ! ! ! M;! ! :EEUaH*r!#! W/)((+!3$,'!,5!1>(('3!qDEp:A()0/%! ! ! ! ! ! ! MQ!
© Copyright 2025 Paperzz