)/,(& )! ,% .$(" )''/($.$)()& ) 4 ' , ;+7.C&581+7 !+=-2371 37 + 5>==/;/.
7?3;876/7=
&% %#&"%" ! D"
(. , !), )(-/' , ,% .$(" .)%#)&' #))& )! )()'$- .)%#)&' 1 (
ABSTRACT &)"(- , " ( ,&&3 )(-$ , .) /- !/& $( /$&$(" ,( +/$.3 ( .)3&/.. , (0$,)(' (. #)1 0 , )(-/' ,- )!. ( '.# -&)"(- 1$.# ,(- ).# , .#( .# ./&
-*)(-),$(" ,( .$&& , - ,# )( -&)"(- #- '$(&3 !)/- )( -&)"( !! .- 1# ( .# ,(
$- "$0 ( !), 2'*& $( )(.,)&& 2* ,$' (.- 3 /-$(" , & -&)"(- ( ,(- .#$- -./3
$(, - - )/, /( ,-.($(" )! #)1 -&)"(- 1),% $( .# *, - ( )! - 0 ,& )'* .$(" -&)"(- (
,(- . $- !)/( .#. '$-'.#$(" )! -&)"(- ( ,(- ( 2*&$( 3 .# $!! , (.
' '),3 *,) -- - /- 3 )(-/' ,- # / , .,$ 0& *,) -- " ( ,&&3 & - .) .# ),, .
,( $(" $ (.$!$ 1# , - .# )(-.,/.$0 ' '),3 *,) -- $- - (-$.$0 .) ' '),3
$-.),.$)(- )1 0 , )(-.,/.$0 ' '),3 &&)1- !), &," , $(!&/ ( )! .# -&)"( )( .#
,( .#( ) - / , .,$ 0& # -./3 - .) , - ,# )( -&)"(- ( )( -)/,
$ (.$!$.$)( /"" -.$)(- )( #)1 .) /- -&)"(- $( &/.. , (0$,)(' (. -/# - , .$("
(()3$(" ( $,,$..$(" -&)"(- ), /-$(" 0,$.$)(- )! -&)"(- , "$0 (
) (#%& ;+7.< <581+7< <8>;-/ 3./7=303-+=387 -869/=3=3?/ 37=/;0/;/7-/ -87<=;>-=3?/
6/68;B
&581+7< +;/ 1/7/;+55B -87<3./;/. =8 ,/ ></0>5 37 ,>35.371 ,;+7. /:>3=B +< =2/B
0+-353=+=/ =2/ /<=+,53<26/7= +7. 6+37=/7+7-/ 80 + <=;871 ,;+7. 3./7=3=B +7. 9;8?3./
-87=37>3=B =2;8>128>= +.?/;=3<371 -+69+317< -0 /5<3 +7. #5<87 /55/;
%//-/ . & 7 + <=>.B ,B !+=2>; +7. !+=2>; =2/
+778>7-/6/7= 80 + 7/@ <581+7 @+< 08>7. =8 37-;/+</ =2/ 6+;4/= ?+5>/ 80 03;6<
@3=2 +7 +68>7= =2+= 87 +?/;+1/ -8;;/<987./. =8 + C 6355387 37-;/+</ 37 +77>+5
9;803=< '23< 037.371 37.3;/-=5B 9837=< 8>= =2/ ?+5>/ +==+-2/. =8 <581+7< ,B 6+;4/=/;<
+7. 37?/<=8;< +534/ 3;/-= <>998;= 08; =2/ ?+5>/ 80 <581+7< -86/< 0;86 /A9/;36/7=+5
<=>.3/< 37 @23-2 <581+7< 2+?/ ,//7 08>7. =8 3705>/7-/ 9;8.>-= ,/53/0< 773< +7.
*+77+ +7. ,;+7. /?+5>+=387< 8><2 $;B8; +7. ;8.3/ ),, -*)( ( , -- &+;+ %8</71;/7 /7=/; 08; 87<>6/; !+;4/=371 &=8-42856 &-2885 80
-87863-< $# 8A &
&=8-42856 &@/./7 +A + '/5 + 6+35
<+;+;8</71;/722<</
$;37=
#7537/C
# '+B58; ;+7-3<
# 73
;)- (", ( 5 #& >(
8@/?/; 37 =2/</ /A9/;36/7=+5 <=>.3/< =2/ ,;+7. 2+< ,//7 13?/7 8; <581+7< =8
2+?/ =2/ <+6/ /00/-= 8>=<3./ + -87=;855/. /7?3;876/7= -87<>6/;< 6><= +-->;+=/5B
6+=-2 =2/ <581+7 @3=2 =2/ <987<8;371 ,;+7. $2+6 +7. I82+; +7 87/
;/+55B /A9/-= -8;;/-= ,;+7.<581+7 6+=-2371 =8 2+99/7H
;+7.< /A3<= 37 + -5>==/;/. /7?3;876/7= @2/;/ =2/B 2+?/ =8 -869/=/ @3=2 8=2/;
9;8.>-=< +7. ,;+7.< 08; -87<>6/;<F +==/7=387 3?/7 =2/ 6+7B 6/<<+1/< =2/B
/7-8>7=/; -87<>6/;< 80=/7 -870></ 6+;4/=371 -866>73-+=387 /008;=< ,B .300/;/7=
<987<8;< -0 ;/716+7 . & I82+; +7. $2+6 /7= +7. /55+;3<
7 =2/ -+</ 80 <581+7< <>-2 -869/=3=3?/ 37=/;0/;/7-/ <//6< =8 ,/ ;/->;;/7=
&/?/;+5 ;/</+;-2/;< ;/98;= =2+= -87<>6/;< 0;/:>/7=5B +;/ >7+,5/ =8 6+=-2 + <581+7
@3=2 3=< <987<8;371 ,;+7. /1 +25/D7 +7. %8</71;/7 %//-/ . & 7
87/ <=>.B +< 6>-2 +< E 6+=-2/. + 5/+.371 ,;+7.F< <581+7 @3=2 8=2/; ,;+7.<
-3=/. 37 $2+6 +7. I82+; !3<6+=-2371 6/+7< =2+= =2/ 98<3=3?/ /00/-=< 08>7.
37 /A9/;36/7=+5 <=>.3/< 6312= 78= ,/ ;/+53P/. >;=2/;68;/ @2/7 63<6+=-2371
8-->;< + .300/;/7= ,;+7. @3=237 =2/ <+6/ 9;8.>-= -+=/18;B 3< 80=/7 3./7=303/. +< =2/
<987<8; %//-/ . & <>11/<=371 =2+= -869/=3=3?/ 37=/;0/;/7-/ 6312= ;/<>5= 37
=2/ <581+7 ,/7/03=371 + -869/=371 ,;+7. -0 +25/D7 +7. %8</71;/7 &=355
6+;4/=/;< 37?/<= <>,<=+7=3+5 <>6< 37 =2/3; <581+7< !+=2>; +7. !+=2>; +7.
-8>7= 87 =2/6 =8 ,>35. ,;+7. 3./7=3=B +7. /72+7-/ ,;+7. 9;/</7-/ /55/; %//-/ . & 7 =2/ 5312= 80 ,;+7.C<581+7 63<6+=-2371 <>-2 37?/<=6/7=< <//6<
:>/<=387+,5/ 3?/7 =2/ -5>==/;/. 6/.3+ /7?3;876/7= +7. =2/ 37=/7</ -869/=3=387
0+-371 68<= ,;+7.< + ,/==/; >7./;<=+7.371 80 @2B 63<6+=-2371 8-->;< +7. @2+= =2/
/00/-=< 6312= ,/ <28>5. ,/ 3698;=+7= 08; 6+;4/=/;<
';+.3=387+55B ,;+7.C<581+7 6+=-2371 2+< ,//7 =28>12= 80 37 =/;6< 80 ->/.
;/=;3/?+5 '2/ <581+7 3< -87<3./;/. + ;/=;3/?+5 ->/ =2+= +-=3?+=/< =2/ ,;+7. 37 =2/ 637.
80 =2/ -87<>6/;< ;+7.C<581+7 6+=-2371 -+7 28@/?/; ,/ ,+</. 87 =2;// .300/;/7=
6/68;B 9;8-/<</< ->/. ;/=;3/?+5 -87<=;>-=3?/ 6/68;B 8; 9>;/ 1>/<<371 I82+; +7.
$2+6 $2+6 +7. I82+; >35.371 87 =2/ <8>;-/ 3./7=303-+=387
0;+6/@8;4 ,B $2+6 +7. I82+; @/ <>11/<= =2+= </7<3=3?3=B =8 -869/=3=3?/
37=/;0/;/7-/ +7. =2/ 98=/7=3+5 ?+5>/ 80 + <581+7 @355 ?+;B ./9/7.371 87 28@ ,;+7.C
<581+7 6+=-2371 3< 6+./ 7 +7 /693;3-+5 <=>.B 80 ,//; ,;+7.< +7. =2/3; <581+7< @/
37?/<=31+=/ ,;+7.C<581+7 6+=-2371 +-->;+-B =2/ 37=/;;/5+=387<239< ,/=@//7 ,;+7.
+7. <581+7 /?+5>+=387< +7. </7<3=3?3=B =8 -869/=3=3?/ 37=/;0/;/7-/ (/ /7. =2/ +;=3-5/
@3=2 <>11/<=387< 87 28@ =8 ></ <581+7< 37 =2/ 9;/</7-/ 80 -869/=3=3?/ 37=/;0/;/7-/
! !
&581+7< +;/ /A9/-=/. =8 +00/-= 28@ -87<>6/;< 9/;-/3?/ + ,;+7. ,8=2 37 3=< 8@7 ;312=
+7. 37 ;/5+=387 =8 3=< -869/=3=387 !8;/ <9/-303-+55B + <581+7 -+7 3705>/7-/ + ,;+7.
,B
;/+=371 ,;+7. +@+;/7/<< ,B 5374371 =2/ ,;+7. =8 + 9;8.>-= -+=/18;B
/55/; /55/; &2+9371 ,;+7. /?+5>+=387< ,B 9;36371 <9/-303- ,;+7. +<<8-3+=387< 8><2
773< +7. *+77+ $;B8; +7. ;8.3/ &2+9371 ,;+7. /?+5>+=387< ,B =;+7<0/; 80 534/+,353=B -0 ;8@7 +7.
&=+B6+7 +5/B +7. +5.371/; !>/25371 +7. !-+77 74
,(4&)"( .#$(" $( &/.. , (0$,)(' (.
%/3708;-371 ,;+7. +@+;/7/<< +7. /?+5>+=387< ,B </;?371 +< + 6/68;B +3.
/55/; !+=2>; +7. !+=2>; %//-/ . & <581+7 -+7 0>5035 87/ 8; 68;/ 80 =2/</ 0>7-=387< '2/ 68<= 98@/;0>5 <581+7< +;/
=28</ =2+= -87=;3,>=/ =8 =2/ ,;+7. 37 6>5=395/ @+B< /55/; '2/ <581+7 =/55<
=2/ -87<>6/; @2+= =2/ ,;+7. 3< +,8>= +7. 98=/7=3+55B 3= @355 3705>/7-/ @2+=
-87<>6/;< =2374 +,8>= =2/ ,;+7. +7. 28@ =2/B /?+5>+=/ 3= 0>7-=387< C
371>3<=3- ./?3-/< <>-2 +< @8;. 95+B +7. ;2B6/ -+7 ,/ ></. =8 /72+7-/ 6/68;+,353=B
08; =2/ <581+7 !8;/8?/; =2/ 0+-= =2+= <581+7< -+7 ,/ ></. 8?/; =36/ +7. 8?/;
.300/;/7= +.?/;=3<371 -+69+317< 0>;=2/; -87=;3,>=/ =8 =2/3; 6/68;+,353=B '2/ <581+7
+< <>-2 =2>< ,/-86/< + -+;;3/; 80 ,;+7. /:>3=B 0>7-=387 8; 37<=+7-/ +;5<,/;1F<
N$;8,+,5B =2/ ,/<= ,//; L5+1/;M 37 =2/ @8;5.F -5/+;5B -877/-=< =2/ ,;+7. @3=2 =2/ ,//;
-+=/18;B N'2/ ,/<=F 9;36/< =2/ +<<8-3+=387 80 7>6,/; 87/ 37 + 534/+,5/ @+B
N9;8,+,5BF =2+= <28>5. ,/ ,/7/03-3+5 =8 =2/ ,;+7. (2/7 /A98</. =8 =2/ <581+7
-87<>6/;<F 9/;-/9=387< +,8>= +;5<,/;1 +;/ 534/5B =8 ,/ 3705>/7-/. N$;8,+,5B =2/
,/<= ,//; L5+1/;M 37 =2/ @8;5.F ,/-86/< + -+;;3/; 80 =2/ /<</7-/ 80 =2/ +;5<,/;1 ,;+7.
9;/;/:>3<3=/ 08; <581+7< =8 0>5035 +7B 80 =2/</ 0>7-=387< 3< 28@/?/; =2+= =2/
,;+7. +7. =2/ <581+7 +;/ +-->;+=/5B 5374/. =81/=2/; ,B =2/ -87<>6/;< $2+6 +7.
I82+; 0 08; 37<=+7-/ -87<>6/;< @28 +;/ /A98</. =8 N$;8,+,5B =2/ ,/<=
,//; L5+1/;M 37 =2/ @8;5.F .8 78= 6+=-2 3= @3=2 +;5<,/;1 =2/ <581+7 @355 78= +00/-=
=2/3; 9/;-/9=387< +,8>= =2/ +;5<,/;1 ,;+7. +;5<,/;1 @355 =2>< 78= ,/7/03= 0;86 3=<
<581+7 37?/<=6/7= >;=2/;68;/ 30 -87<>6/;< 6+=-2 =2/ <581+7 @3=2 +78=2/; ,;+7.
=2/ 37?/<=6/7=< 6+./ ,B +;5<,/;1 6312= ,/ =;+7<0/;;/. =8 =2+= ,;+7. 37<=/+. 0 5/=<
<+B /37/4/7 3< 3./7=303/. +< =2/ <987<8; =2/ 9/;-/9=387< /?84/. ,B =2/ <581+7 @355
,/ 9;8O/-=/. 87 /37/4/7 37<=/+. 80 +;5<,/;1 +25/D7 +7. %8</71;/7 $2+6
+7. I82+; '2/ -87<>6/; @355 +==;3,>=/ =2/ +<<8-3+=387< 80 N=2/ ,/<=F +7. =2/
534/+,353=B 80 =2/ <581+7 =8 /37/4/7 5=28>12 ,/371 63<=+4/75B 6+=-2/. @3=2 =2/
<581+7 -8>5. ,/ ,/7/03-3+5 08; /37/4/7 3= 6><= 78= ,/ <<8-3+=387< =2+= +;/
,/7/03-3+5 =8 +;5<,/;1 6312= 78= ,/ +< 98<3=3?/ 08; /37/4/7 '2/ +<<8-3+=387< 6312=
/?/7 6+4/ -87<>6/;< >7-/;=+37 80 @2+= /37/4/7 +-=>+55B <=+7.< 08; ;/716+7
. & 0 =23< 3< =2/ -+</ ,8=2 ,;+7.< @355 <>00/; 0;86 -87<>6/;<F 37+,353=B =8
6+4/ +7 +-->;+=/ ,;+7.C<581+7 6+=-2
;+7.C<581+7 6+=-2371 3< =2>< 3698;=+7= 0;86 ,8=2 =2/ <987<8;371 +7. =2/
-870></. ,;+7.F< 9837= 80 ?3/@ @+;/7/<< 80 28@ -87<>6/;<F 6+=-2 + <581+7 @3=2 +
,;+7. <28>5. 2/59 6+;4/=/;< >7./;<=+7. @2/7 63<6+=-2371 3< 534/5B =8 8-->; +7.
28@ =8 -;/+=/ <581+7< =2+= ;/.>-/ =2/ ;3<4< 80 <>-2 63<6+=-2371
" 869/=3=3?/ 37=/;0/;/7-/ 3< + -87=37>8><5B 1;8@371 9;8,5/6 08; 6+;4/=/;< < =2/
?85>6/ 80 ,;+7.< +7. ,;+7. 6/<<+1/< 37-;/+</< 3= 3< ,/-86371 68;/ +7. 68;/
.3003->5= 08; 6+;4/=/;< =8 1+37 /78>12 -87<>6/; +==/7=387 =8 ,>35. 6/68;B 08; =2/3;
,;+7.< +7. -866>73-+=387 /008;=< --8;.371 =8 >6+; -87<>6/;< -+7 ,/
/A9/-=/. =8 ;/-+55 5/<< =2+7 E 80 =2/ +.?/;=3<371 =2/B +;/ /A98</. =8 87 +7 +?/;+1/
.+B 5>==/; 2+< +5<8 ,//7 <28@7 =8 6+4/ -87<>6/;< 5/<< +,5/ =8 6+=-2 6+;4/=371
-866>73-+=387 /008;=< +7. ,;+7.< /?/7 30 -87<>6/;< ;/6/6,/; =2/ 6/<<+1/ =2/B
75
;)- (", ( 5 #& >(
-+778= +5@+B< =/55 @23-2 ,;+7. <=+7.< ,/237. 3= ;+7. 3./7=303-+=387 9;8,5/6< 2+?/
,//7 08>7. 08; .3?/;</ /008;=< <>-2 +< +.?/;=3<371 /1 >;4/ +7. &;>55 /7=
+7. /55+;3< <987<8;<239< /1 I82+; +7. $2+6 $2+6 +7. I82+;
+7. <581+7< /1 +@ %//-/ . & $;/?38>< ;/</+;-2 2+< <28@7 =2+= -87<>6/;< ></ 87/ 80 =2;// 6/68;B 9;8-/<</<
@2/7 6+=-2371 ,;+7.< +7. 6+;4/=371 -866>73-+=387< ->/. ;/=;3/?+5 6/68;B -87<=;>-=387 8; 9>;/ 1>/<<371 $2+6 +7. I82+; >/. ;/=;3/?+5 3<
,+</. 87 </6+7=3- 6/68;B 08; =2/ ,;+7.6/<<+1/ 5374 5=28>12 ->/. ;/=;3/?+5 3<
=2/ ./0+>5= 89=387 3= ;/:>3;/< + -5/+; 6/68;B =;+-/ 08; =2/ ,;+7.6/<<+1/ 5374 7
=2/ 9;/</7-/ 80 </?/;+5 -869/=371 ,;+7.< -87<>6/;< +;/ 80=/7 >7+,5/ =8 /7-8./
6+;4/=371 -866>73-+=387< /78>12 08; <>-2 + 5374 =8 ,/ 08;6/. +@ 5>==/;
./-;/+</< =2/ -2+7-/< 80 ->/. ;/=;3/?+5 ,/371 ></. 08; ,;+7. 3./7=303-+=387 7<=/+.
-87<>6/;< -+7 =;B =8 /3=2/; ;/-87<=;>-= + 5374 37 =2/3; 637. 8; 1>/<< =2/ <987<8;371
,;+7. 3?/7 =2+= -87<>6/;< +;/ <86/@2+= 68=3?+=/. =8 6+4/ +7 +-->;+=/ 6+=-2
-87<=;>-=3?/ 6/68;B 3< =2/ 68<= 534/5B 9;8-/<< I82+; +7. $2+6 $2+6 +7.
I82+; '8 3./7=30B + <987<8;371 ,;+7. -87<>6/;< /3=2/; ;/0;/<2 6/68;B
=;+-/< 0;86 9;/?38>< /A98<>;/< 8; =;B =8 370/; @28 =2/ 98=/7=3+5 <987<8; -8>5. ,/ ,B
-869+;371 =2/ 6/<<+1/ =8 =2/3; 478@5/.1/ 80 98=/7=3+5 ,;+7.< $2+6 +7. I82+;
(23-2 6+=-2371 9;8-/<< @355 ,/ ></. =2>< ./9/7.< 87 -87<>6/;<F 6/68;B 08; +
<9/-303- 93/-/ 80 -866>73-+=387 <// 31>;/ '2/ 6/68;B -+7 ,/ -2+;+-=/;3P/. 37
=/;6< 80 5/?/5 80 0+6353+;3=B +7. -8703./7-/ 87<>6/;< -+7 /3=2/; ,/ -8703./7= 37
=2/3; 0+6353+;3=B 3/ 2+?/ + -5/+; 6/68;B =;+-/ 8; =2/B -+7 ,/ 5/<< -8703./7= 37 =2/3;
0+6353+;3=B 3/ +==;3,>=/ 3= =8 + 1/7/;+5 </7</ 80 0+6353+;3=B 87<>6/;< +;/ +,5/ =8
.3<=371>3<2 ,/=@//7 =2/</ =@8 =B9/< 80 0+6353+;3=B +@ +7. =23<
+<</;=387 @355 ./=/;637/ @23-2 6+=-2371 9;8-/<< @355 ,/ ></. 8; 37<=+7-/ 37 =2/
-+</ 80 <581+7< 6+=-2371 .>/ =8 ->/. ;/=;3/?+5 3< ,+</. 87 + <=;871 </7</ 80
;+7.C<581+7 6+=-2371 9;8-/<</<
76
,(4&)"( .#$(" $( &/.. , (0$,)(' (.
0+6353+;3=B -87<>6/;< +;/ -8703./7= =2+= =2/B 478@ =2/ <581+7 (2/7 =2/ </7</
80 0+6353+;3=B 3< 5/<< -8703./7=5B 2/5. -87<>6/;< @355 =;B =8 ;/-87<=;>-= =2/3;
9;/?38>< 6/68;B 08; =2/ <581+7 37 8;./; =8 6+=-2 3= @3=2 + ,;+7. 0 =2/ <581+7
3< 78= += +55 0+6353+; =2/ 875B @+B =8 6+=-2 3= @3=2 + ,;+7. @8>5. ,/ =2;8>12
1>/<<371 /,3 )! ,(4&)"( .#$("
'2/ 0;/:>/7= 63<6+=-2371 80 <581+7< =8 ,;+7.< -8>5. ,/ /A95+37/. ,B =2/ 6/68;B
9;8-/<< ></. 87<>6/;< +;/ 1/7/;+55B :>3=/ 0+6353+; @3=2 <581+7< +7. 188. +=
;/-8173P371 =2/6 /1 8=<87 +7. B+== !88;/ +7. &=/92/7< '23< 3<
=;>/ ;/1+;.5/<< 80 +1/ +7. @2/=2/; 8; 78= -87<>6/;< +;/ +-=>+55B 9+;= 80 =2/ =+;1/=
1;8>9 8=<87 +7. B+== >/ =8 2312 5/?/5< 80 0+6353+;3=B ,;+7.C<581+7
6+=-2371 ,+</. 87 1>/<<371 3< 5/<< 534/5B =8 =+4/ 95+-/ -0 I82+; +7. $2+6 ;+7.C<581+7 6+=-2371 <28>5. =2>< ,/ ,+</. 87 /3=2/; ->/. ;/=;3/?+5 8;
-87<=;>-=3?/ 6/68;B
'2/ -869/=3=3?/ 37=/;0/;/7-/ 08>7. 37 <=>.3/< 80 ,;+7.C<581+7 6+=-2371 /1
/3</; %//-/ . & <28>5. 6+375B ,/ .>/ =8 6+=-2371 ,+</. 87
-87<=;>-=3?/ 6/68;B 9;8-/<</< >/. ;/=;3/?+5 3< 1/7/;+55B ;+=2/; /008;=5/<< +7.
37?85?/< 0/@ 6/68;B /;;8;< +@ $2+6 +7. I82+; < =2/ ,;+7.C
<581+7 5374 3< -5/+;5B ;/6/6,/;/. 63<6+=-2371 3< >7534/5B =8 =+4/ 95+-/ 5=28>12
=2/ 2312 5/?/5< 80 ;/-8173=387 +7. 0+6353+;3=B 6312= ,/ 37=/;9;/=/. +< <>998;= 08;
,;+7.C<581+7 6+=-2371 ,+</. 87 ->/. ;/=;3/?+5 =23< 3< 78= 7/-/<<+;35B =2/ -+</
!/68;B 08; + ,;+7. +7. 3=< <581+7 2+< ,//7 08>7. =8 ,/ <86/@2+= 37./9/7./7= /1
/3</; !88;/ +7. &=/92/7< + -87<>6/; 6312= ,/ +,5/ =8 ;/6/6,/; +
,;+7. +7. 3=< <581+7 @3=28>= ,/371 +,5/ =8 6+=-2 =2/ =@8 =81/=2/; '2/ -87<=;>-=3?/
9;8-/<</< ></. ,B -87<>6/;< =8 -86/ >9 @3=2 + 6+=-2 37 =2/ +,</7-/ 80 + -5/+;5B
;/6/6,/;/. ,;+7.C<581+7 5374 +;/ </7<3=3?/ =8 6/68;B .3<=8;=387< +@ $2+6 +7. I82+; '2/ 3708;6+=387 9;8?3./. 37 =2/ <581+7 6312= 78= +5@+B<
5/+. =8 =2/ -8;;/-= ,;+7. ,/371 3./7=303/. #?/;+55 ->/. ;/=;3/?+5 <28>5. =2>< ,/ 68;/
+-->;+=/ =2+7 -87<=;>-=3?/ 6/68;B
;+7.C<581+7 6+=-2371 ,+</. 87 ->/. ;/=;3/?+5 3< 68;/ +-->;+=/ =2+7
,;+7.C<581+7 6+=-2371 ,+</. 87 -87<=;>-=3?/ 6/68;B
,$"" ,- )! ,(4&)"( .#$("
'2/ =@8 6+=-2371 9;8-/<</< ;/5B 87 .300/;/7= 3708;6+=387 37 8;./; =8 /<=+,53<2 +
,;+7.C<581+7 6+=-2 '2/ ;/5+=3?/ 3705>/7-/ 80 =2/ ,;+7. +7. =2/ <581+7 @355 .300/;
-0 /312 @23-2 37 =>;7 <28>5. 3705>/7-/ =2/ 98=/7=3+5 ;85/ 80 =2/ <581+7 +< +
,>35./; 80 ,;+7. /:>3=B +< @/55 +< @2+= 6+4/< +7 +-->;+=/ 6+=-2 68;/ 534/5B
87<>6/;< +;/ 68;/ 534/5B =8 9+B +==/7=387 +7. 9;8-/<< 3708;6+=387 ;/5+=/. =8
,;+7.< =2+= =2/B 534/ %3-/ +7. /77/== '23< 6/+7< =2+= <581+7< 08; @/55534/.
,;+7.< +;/ 68;/ 534/5B =8 2+?/ 187/ =2;8>12 /78>12 9;8-/<<371 08; ->/. ;/=;3/?+5 =8
,/ 98<<3,5/ '2/ ,;+7. 9;869=< =2/ -87<>6/;< =8 9+B +==/7=387 =8 3=< 6+;4/=371
-866>73-+=387 < @/55534/. ,;+7.< +;/ 534/5B =8 ,/ -/7=;+5 78./< 37 =2/3; 8@7
77
;)- (", ( 5 #& >(
+<<8-3+=3?/ 7/=@8;4< /7= +7. 55/7 >6+; +7. ;3<27+7 @/ @8>5.
/A9/-= =2/ 3708;6+=387 =8 ,/ 9;8-/<</. =89.8@7 <=+;=371 @3=2 =2/ ,;+7. /312
'2/ /<=+,53<2/. ,;+7. <-2/6+ <28>5. =2>< 3705>/7-/ 28@ =2/ -87<>6/;<
9/;-/3?/ =2/ <581+7 '23< 6/+7< =2+= -87<>6/;< @8>5. /?+5>+=/ =2/ <581+7 ,+</. 87
=2/3; /?+5>+=387< 80 =2/ ,;+7.
87<=;>-=3?/ 6/68;B ></< =2/ <581+7 =8 1>3./ 3=< 6+=-2371 /008;=< '2/ <581+7 3<
9/;-/3?/. +< 0+6353+; /3=2/; .>/ =8 +-=>+5 /A98<>;/ 8; =8 -87=/A=>+5 /00/-=< $3/=/;<
. & '23< 0+6353+;3=B 6+4/< -87<>6/;< 68=3?+=/. =8 =;B =8 ;/6/6,/; @2/;/
=2/B 6312= 2+?/ <//7 =2/ <581+7 ,/08;/ 8; @2+= ,;+7. @8>5. ,/ =2/ 68<= 534/5B =8 ></
3= $2+6 +7. I82+; '2/ 3708;6+=387 3< 9;8-/<</. ,8==86>9 <=+;=371 0;86
=2/ +.?/;=3<371 <=36>5>< /312 '2/ <581+7 +< <>-2 3< =2/ 68<= 3698;=+7= ->/
=8 6+4371 + ,;+7.C<581+7 6+=-2 (2+= -87<>6/;< =2374 +,8>= =2/ <581+7 <28>5.
3705>/7-/ @23-2 ,;+7. =2/B @355 6+=-2 3= @3=2 87<>6/;< <28>5. =2>< /?+5>+=/ =2/
,;+7. ,+</. 87 =2/3; /?+5>+=387< 80 =2/ <581+7
'2/ =@8 6+=-2371 9;8-/<</< 3695B .300/;/7-/< 37 =2/ 6>=>+5 3705>/7-/ ,/=@//7 =2/
,;+7. +7. =2/ <581+7 (2/7 ->/. ;/=;3/?+5 3< ></. =2/ ,;+7. <-2/6+ @355 1>3./
9;8-/<<371 80 =2/ <581+7 '2/ 8998<3=/ 3< /A9/-=/. @2/7 ;/=;3/?+5 3< ,+</. 87
-87<=;>-=3?/ 6/68;B '2>< @/ 2B98=2/<3P/
+ (2/7 6+=-2371 3< ,+</. 87 ->/. ;/=;3/?+5 ,;+7. /?+5>+=387 3< 68;/ 534/5B
=8 +00/-= <581+7 /?+5>+=387
, (2/7 6+=-2371 3< ,+</. 87 6/68;B -87<=;>-=387 <581+7 /?+5>+=387 3<
68;/ 534/5B =8 +00/-= ,;+7. /?+5>+=387
3?/7 =2/ -/7=;+5 ;85/ 80 =2/ ,;+7. 37 ->/. ;/=;3/?+5 + +7. =2/ <581+7 37
6/68;B -87<=;>-=387 , =2/ ,;+7. +7. =2/ <581+7 <28>5. 2+?/ .300/;/7= 369+-=
87 6+=-2371 +-->;+-B +< @/55 '2+= 3< =2/ ;/5+=3?/ 3698;=+7-/ 80 =2/ ,;+7. +7. =2/
<581+7 <28>5. 3705>/7-/ =2/ -3;->6<=+7-/< >7./; @23-2 +7 +-->;+=/ ,;+7.C<581+7
6+=-2 3< 68<= 534/5B =8 8-->;
8; ->/. ;/=;3/?+5 6+=-2371 +-->;+-B <28>5. ,/ 1>3./. ,B @2+= -87<>6/;< =2374
+,8>= =2/ ,;+7. '2/ 68;/ -87<>6/;< 534/ =2/ ,;+7. =2/ 68;/ 534/5B =2/B +;/ =8
/7-8./ 3708;6+=387 ;/1+;.371 3= %3-/ +7. /77/== +7. =2/ 68;/ /7-8.371
=2/ 68;/ +-->;+=/ =2/ ,;+7.C<581+7 6+=-2 < =2/ <581+7 3< 9;8-/<</. ,+</. 87 =2/
,;+7. <-2/6+ 28@/?/; -87<>6/;<F /?+5>+=387< 80 =2/ <581+7 +< <>-2 <28>5. ,/ 5/<<
3698;=+7=
8@ -87<>6/;< /?+5>+=/ + ,;+7. 3< 5/<< 534/5B =8 +00/-= 6+=-2371 +-->;+-B 08;
-87<=;>-=3?/ 6/68;B < -87<>6/;< +;/ 1/7/;+55B ,/==/; += ;/6/6,/;371 +7
370/;;/. 6/+7371 80 + -5+36 ;+=2/; =2+7 =2/ /A+-= 92;+</ +;;3< . & ;/9/+=/. +.?/;=3<371 80 <581+7< 80=/7 ;/<>5= 37 1/7/;+53P+=387 80 <581+7 6/+7371 <
-87<>6/;< +;/ 1/7/;+55B 68;/ 478@5/.1/+,5/ 80 -86687 ;+=2/; =2+7 .3<=37-=
9;89/;=3/< 80 ,;+7.< 37 + -+=/18;B =2/ 1/7/;+53P/. <581+7 3< 68;/ 534/5B =8 ,/
-877/-=/. =8 =2/ 9;8.>-= -+=/18;B =2+7 =8 +7B <9/-303- ,;+7. /7= +7. /55+;3<
'2/ <581+7 @355 ->/ =2/ 9;8.>-= -+=/18;B +7. =2/ +-=3?+=387 ;/+-2371 /+-2
,;+7. @355 ,/ 58@ =2>< 37-;/+<371 =2/ ;3<4 08; ;/=;3/?+5 /;;8; J77+?+ . & >;=2/;68;/ =2/ +,</7-/ 80 + -5/+; 6/68;B 08; 9;/?38>< /A98<>;/< 80=/7 5/+.< =8
0+6353+;3=B ,/371 63<+==;3,>=/. =8 98<3=3?/ +00/-= 85./7 +7. K+72>/5/ 78
,(4&)"( .#$(" $( &/.. , (0$,)(' (.
"8;.23/56 6+4371 <>-2 <581+7< @/55534/. 7 =2/ +,</7-/ 80 + -5/+; 6/68;B
08; =2/ ,;+7.C<581+7 6+=-2 + 68;/ 534/. <581+7 <28>5. ,/ 5374/. =8 =2/ 9;8.>-=
-+=/18;B 6+4371 3= 2+;./; 08; -87<>6/;< =8 6+=-2 3= @3=2 =2/ <987<8;371 ,;+7.
'2/ .300/;/7= 3705>/7-/ 80 =2/ ,;+7. +7. =2/ <581+7 08; =2/ =@8 6+=-2371 9;8-/<</<
<28>5. =2>< ,/ ;/05/-=/. 37 =2/ =;311/;< 80 6+=-2371 +-->;+-B 7 =2/ -+</ 80 ->/.
;/=;3/?+5 + @/55534/. ,;+7. @355 5/+. =8 9;8-/<<371 80 =2/ ,;+7.C<581+7 5374 +7.
6+4/ +-->;+-B 2312/; 8; -87<=;>-=3?/ 6/68;B =2/ 1/7/;+53P/. 0+6353+;3=B @3=2 =2/
<581+7 3< 37=/;9;/=/. +< 534371 8@/?/; +< =2/ 1/7/;+53P/. <581+7 3< 68;/ -58</5B
5374/. =8 =2/ -+=/18;B =2+7 =8 +7B ,;+7. =2/ 68;/ 534/. =2/ <581+7 =2/ 5/<< +-->;+=/
=2/ 6+=-2 '2>< @/ 2B98=2/<3P/
+ (2/7 6+=-2371 3< ,+</. 87 ->/. ;/=;3/?+5 ,;+7. 534371 3< 2312/; 08;
-8;;/-= 6+=-2/< =2+7 37-8;;/-= 6+=-2/<
, (2/7 6+=-2371 3< ,+</. 87 6/68;B -87<=;>-=387 <581+7 534371 3< 58@/;
08; -8;;/-= 6+=-2/< =2+7 37-8;;/-= 6+=-2/<
(-$.$0$.3 )! ,( &)"( .#$("
< <>11/<=/. 37 =2/ 0;/:>/7= 63<6+=-2371 80 <581+7< =8 ,;+7.< 3< ./9/7./7= 87
@23-2 6+=-2371 9;8-/<< -87<>6/;< ></ !/68;B ->/< /1 /55/; + , +7.
?+;3/. +.?/;=3<371 /A/->=387< /1 J77+?+ +7. >;74;+7= J77+?+ +7.
&3;./<26>42 +;/ 1/7/;+55B <>11/<=/. +< <=;+=/13/< =8 8?/;-86/ =2/ 7/1+=3?/
/00/-=< 80 -869/=3=3?/ 37=/;0/;/7-/ 8@/?/; =2/ ></0>57/<< 80 =2/ =@8 <=;+=/13/<
<28>5. ?+;B ./9/7.371 87 @23-2 ,;+7.C<581+7 6+=-2371 9;8-/<< 3< ></. '2/
;+=387+5/ 08; ><371 6/68;B ->/< 3< =2+= =2/B .3;/-=5B +-=3?+=/ =2/ ,;+7. '2/ ></ 80
6/68;B ->/< 3< =2>< -87=371/7= 87 6+=-2371 ,+</. 87 ->/. ;/=;3/?+5 -0 $2+6 +7.
I82+; (2/7 -87<>6/;< 2+?/ 78 -5/+; 5374 ,/=@//7 =2/ 6/68;B ->/ +7. =2/
,;+7. +< 3< 80=/7 =2/ -+</ 08; <581+7< +@ %//-/ . & 6/68;B ->/<
<28>5. ,/ 80 5/<< ></ K+;3/. +.?/;=3<371 /A/->=387< 87 =2/ 8=2/; 2+7. +36< =8
/7;3-2 =2/ +<<8-3+=3?/ 7/=@8;4 80 =2/ -87<>6/;< 5=28>12 3= 6/+7< =2+= =2/ 5374
,/=@//7 + <9/-303- /A/->=387 +7. =2/ ,;+7. 6312= ,/-86/ @/+4/; 3= /72+7-/< =2/
1/7/;+5 0+6353+;3=B @3=2 =2/ ,;+7. &>-2 ?+;3+=387< <28>5. 0+-353=+=/ -87<=;>-=3?/
6/68;B 9;8-/<</< -0 $2+6 +7. I82+; 5=28>12 ,;+7.C<581+7 6+=-2371 ,+</. 87 ->/. ;/=;3/?+5 3< ,;+7..;3?/7 @2/;/+<
,;+7.C<581+7 6+=-2371 ,+</. 87 6/68;B -87<=;>-=387 3< <581+7.;3?/7 C
->/. ;/=;3/?+5 <28>5. ,/ 68;/ </7<3=3?/ =8 ?+;3+=387< 37 <581+7 08;6>5+=387< 0 =2/
6/68;B =;+-/ +7. =2/ 6/68;B ->/ .8 78= /A+-=5B 6+=-2 3= @355 5/+. =8 -870><387
+7. ;/.>-/ =2/ +-->;+-B 80 ,;+7.C<581+7 6+=-2371 8; 6/68;B -87<=;>-=387 =2/
68;/ 1/7/;+53P/. 0+6353+;3=B @3=2 =2/ <581+7 6/+7< =2+= 78 <>-2 .3<-;3637+=387 -+7
,/ 6+./ K+;3+=387< 6312= /?/7 /7;3-2 =2/ +68>7= 80 ->/< +?+35+,5/ @2/7
-87<=;>-=371 =2/ ,;+7. <581+7 5374 =2/;/,B 37-;/+<371 3=< +-->;+-B '2>< @/
2B98=2/<3P/
+ (2/7 ,;+7.C<581+7 6+=-2371 3< ,+</. 87 ->/. ;/=;3/?+5 6+=-2371
+-->;+-B @355 ,/ </7<3=3?/ =8 ?+;3+=387< 37 =2/ <581+7
79
;)- (", ( 5 #& >(
, (2/7 6+=-2371 3< ,+</. 87 6/68;B -87<=;>-=387 6+=-2371 +-->;+-B
@355 ,/ 369;8?/. ,B ?+;3+=387< 37 =2/ <581+7
6/=28. <3635+; =8 %//-/ . & @+< ></. %/<987./7=< @/;/ /A98</. =8 +
7>6,/; 80 <581+7< +7. +<4/. =8 /?+5>+=/ /+-2 <581+7 +7. =8 6+=-2 3= @3=2 + ,;+7.
'2/ <=>.B =2>< ></. =2/ 7+=>;+5 ?+;3+7-/ =2+= =2/ ;/<987./7=< ,$(" .) =2/ +.
/A98<>;/ </==371 !>/25371 . & '23< 3< 37 537/ @3=2 =2/ ;/-866/7.+=387< 80
</?/;+5 +.?/;=3<371 ;/</+;-2/;< =8 ></ + 68;/ /-85813-+55B ?+53. 6/=28. 37<=/+. 80
-;/+=371 +;=303-3+5 ;/<987</< =2;8>12 6+739>5+=387< -0 /5<3 +7. #5<87 ;//7@+5. +7. /+?3== !>/25371 . & //; @+< -28</7 +< =2/ 9;8.>-= -+=/18;B 08; =2/ <=>.B //; 2+< ,//7 +7 +==;+-=3?/
9;8.>-= -+=/18;B 08; ;/</+;-2 .>;371 =2/ B/+;< /1 553<87 +7. J25 #;=2
. & = 3< + 2/+?35B +.?/;=3</. 9;8.>-= -+=/18;B @3=2 6+7B -869/=371 ,;+7.<
>;=2/;68;/ =2/ .300/;/7-/< ,/=@//7 9;8.>-=< +;/ <6+55 +7. =2/ ;/53+7-/ 87
-866>73-+=3?/ 95+=08;6< 3< 1;/+=
# &)"(&3A=//7 <581+7< @/;/ =/<=/. 37 =2/ <=>.B '8 /7<>;/ =2+= +55 <581+7< @/;/ 2/+?35B
+.?/;=3</. +7. 0+6353+; =8 =2/ ;/<987./7=< ;/+5 <581+7< +6871 =2/ =89 ,;+7.< 80
,//; @/;/ -28</7 +< <=36>53 '2/ ,;+7.< @/;/ </5/-=/. ,+</. 87 <B7.3-+=/. <+5/<
031>;/< !+;4/= !873=8; 55 ,>= =@8 +;5<,/;1 +7. '>,8;1 80 =2/ ,;+7.< @/;/
.86/<=3-
7 8;./; =8 -;/+=/ + <3=>+=387 @2/;/ 6/68;B 80 =2/ ,;+7.C<581+7 5374 6><= ,/
-87<=;>-=/. 2+50 80 =2/ <581+7< @/;/ 68.303/. <86/@2+= (2/7 68.30B371 =2/
<581+7< =2/ 1/7/;+5 <93;3= 80 =2/ <581+7 @+< 4/9= ,>= =2/ 92;+<371 @+< ?+;3/. 8;
37<=+7-/ =2/ 8;3137+5 <581+7 80 87/ 80 =2/ ,;+7.< N'2/ ,;312= 686/7=< 80 530/F @+<
68.303/. 37=8 N 30/ 3< ,;312=F
'23< 9;+-=3-/ 3< <3635+; =8 =2+= ></. 80 -8173=3?/
9<B-285813<=< @2/7 <=>.B371 /7-8.371 ?+;3+,353=B -0 J77+?+ +7. >;74;+7= '2/ .3<=37-=387 ,/=@//7 +-=>+5 +7. 68.303/. <581+7< @+< ></. =8 =/<= 2B98=2/</< +
+7. ,
:,) /,
'@8 2>7.;/. +7. /312=737/ ;/<987./7=< 9+;=3-39+=/. 37 =2/ <=>.B +1/ C B/+;<
E 6+5/ '2/B @/;/ ;/-;>3=/. ,B 37=/;-/9= += =@8 5+;1/ -855/1/ -+69></<
%/<987./7=< @/;/ 2+7./. + :>/<=3877+3;/ @3=2 + -8?/; <=8;B <=+=371 =2+= =2/
;/</+;-2/;< @/;/ 37?/<=31+=371 -87<>6/;<F 478@5/.1/ 80 <581+7< < +7 37-/7=3?/ =8
9+;=3-39+=/ + 58==/;B @+< +;;+71/. @3=2 130= -/;=303-+=/< ?+5>/. += +99;8A36+=/5B J
</;?371 +< + 9;3P/ %/<987./7=< @/;/ +558@/. =8 +7<@/; =2/ :>/<=387< += =2/3;8@7
9+-/ '/<= 5/+./;< @/;/ +?+35+,5/ 08; :>/<=387< .>;371 =2/ +7<@/;371 9;8-/<< (2/7
0373<2/. ;/<987./7=< 2+7./. ,+-4 =2/ :>/<=3877+3;/< =8 =2/ =/<= 5/+./;<
'2/ <581+7< @/;/ 53<=/. -87</->=3?/5B @3=2 366/.3+=/ ;+=371< 80 /+-2 <581+7 '2/
;/<987./7=< /?+5>+=/. /+-2 <581+7 87 6/+<>;/< 80 +==3=>./ =8@+;. =2/ <581+7
80
,(4&)"( .#$(" $( &/.. , (0$,)(' (.
0+6353+;3=B +7. -8703./7-/ 37 =2/3; 0+6353+;3=B '2/B =2/7 6+=-2/. =2/ <581+7 @3=2 +
,;+7. 37 +7 89/7/7./. :>/<=387 +-2 ;/<987./7= ;+=/. /312= <581+7< +-=>+5 +7.
68.303/. B3/5.371 6+=-2/. <581+7 ;/<987</<
'2/ 8;./; 80 <581+7< @+< ;8=+=/. !/+<>;/< 80 ,;+7. +==3=>./< +7. + 7>6,/; 80
0355/; :>/<=387< 08558@/. =2/ <581+7< 7 8;./; =8 =/<= 2B98=2/<3< ,;+7. +==3=>./ @+<
6/+<>;/. 03;<= +7. =2/ <581+7< += =2/ /7. 80 =2/ :>/<=3877+3;/ 08; 80 =2/
;/<987./7=< '23< @+B =2/ +>=28;< -8>5. -869+;/ =2/ -8;;/5+=387< ,/=@//7 ,;+7.
+7. <581+7 /?+5>+=387< @2/7 /?+5>+=387 80 =2/ ,;+7. 9;/-/./. =2/ <581+7 +7. /?+5>+=387 80 =2/ <581+7 9;/-/./. =2/ ,;+7. '2/ ;8=+=/. 8;./; 80 /?+5>+=387<
0+-353=+=/< + =/<= 80 -+><+53=B /77B '8 .3<=371>3<2 ,/=@//7 ->/. ;/=;3/?+5 +7. -87<=;>-=3?/ 6/68;B 9;8-/<</<
6/+<>;/< 80 <581+7 0+6353+;3=B +7. -8703./7-/ <// ,/58@ @/;/ ></. '2/ <581+7
;/<987</< @/;/ <953= 37 2+50 2312 +7. 58@ ,+</. 87 <581+7 0+6353+;3=B +7.
-8703./7-/ -0 31>;/ '8 +?83. 6+=-2371 ,+</. 87 9>;/ 1>/<<371 875B 23125B
0+6353+; <581+7 ;/<987</< @/;/ ></. 37 =2/ +7+5B<3< (/ =2>< /7./. >9 @3=2 =@8
1;8>9< 80 <581+7 6+=-2/< ->/. ;/=;3/?+5 2312 0+6353+;3=B 2312 -8703./7-/ (5
+7. 6/68;B -87<=;>-=387 2312 0+6353+;3=B 58@ -8703./7-/ (5
-/, ..$./ .)1, .# -&)"( @+< 6/+<>;/. 87 + </?/79837= </6+7=3- .300/;/7=3+5 <-+5/
-87<3<=371 80 =2;// 3=/6< 188.,+. 95/+<+7=>795/+<+7= 0+?8>;+,5/>70+?8>;+,5/
7 37./A @+< 9;8.>-/. ,B +?/;+1371 =2/ ;/<987</< =8 =2/ 3=/6< ;87,+-2F<
+592+5 '2/ 6/+<>;/ @+< =+4/7 0;86 !+-/7P3/ +7. >=P &)"( !'$&$,$.3 @+< 6/+<>;/. 87 + </?/79837= </6+7=3- .300/;/7=3+5 <-+5/
-87<3<=371 80 =@8 3=/6< '2/ 3=/6< ></. @/;/ 0+6353+;>70+6353+; 7/?/; <//7 8;
2/+;.80=/7 <//7 8; 2/+;. 7 37./A @+< 9;8.>-/. ,B +?/;+1371 =2/ ;/<987</< =8 =2/
3=/6< ,5 :,
'2/ 6/+<>;/ @+< =+4/7 0;86 $3/=/;< . & '2/
;/<987./7=< @/;/ +5<8 +<4/. =8 ;+=/ 28@ )(!$ (. =2/B @/;/ 37 =2/3; 0+6353+;3=B 87 +
<-+5/ +.+9=/. 0;86 /;1/; +7. !3=-2/55 78= += +55 -/;=+37?/;B -/;=+37 +7.
-8695/=/5B -8703./7=78= += +55 -8703./7= 7 37./A @+< 9;8.>-/. 37 =2/ <+6/ @+B +<
08; 0+6353+;3=B ,5 :,
,(C-&)"( '.#$(" @+< 6/+<>;/. @3=2 +7 89/7/7./. :>/<=387 @2/;/
;/<987./7=< @/;/ +<4/. =8 @;3=/ .8@7 =2/ ,;+7. =2/B ,/53/?/. =2/ <581+7 @+<
+.?/;=3<371 '8 ;/.>-/ =2/ ;3<4 80 ;/<987</ /.3=371 5363=371 =2/ +68>7= 80 +7<@/;<
,+</. 87 -87<=;>-=3?/ 6/68;B 9;8-/<</< -0 I82+; +7. $2+6 ;/<987./7=< @/;/
+<4/. @;3=/ .8@7 =2/ 03;<= ,;+7. =2+= -+6/ =8 =2/3; 637. +7. 78= ,/ =88 @8;;3/. +,8>=
=2/ +-->;+-B 80 =2/3; ;/<987</< 8;;/-= 6+=-2/< @/;/ -8./. +7. 37-8;;/-= ,( ..$./ @+< 6/+<>;/. @3=2 + =2;//3=/6 </6+7=3- .300/;/7=3+5 <-+5/ =+4/7
0;86 84/7 +7. (+;. +7. &368737 +7. %>=2 '2/ 3=/6< @/;/ 188.
,+. 7/1+=3?/98<3=3?/ <+=3<0+-=8;B>7<+=3<0+-=8;B 7 37./A @+< 9;8.>-/. ,B
+?/;+1371 =2/ ;/<987</< =8 =2/ 3=/6< ;87,+-2F< +592+5
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81
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<581+7 /?+5>+=387< 8; =2/ 8=2/; @+B +;8>7. @/;/ =/<=/. ,+</. 87 /77B '2/
;/<987./7=< @/;/ .3?3./. 37=8 =@8 1;8>9< 1;8>9 -87<3<=/. 80 ;/<987./7= @28
;+=/. =2/ ,;+7.< ,/08;/ =2/B ;+=/. =2/ <581+7< +7. 1;8>9 80 ;/<987./7=< @28 ;+=/.
=2/ <581+7< ,/08;/ =2/ ,;+7.< J<371 3<2/;F< ;=8P =;+7<08;6+=387 <581+7 +==3=>./
A ,;+7. +==3=>./ -8;;/5+=387< 08; =2/ =@8 1;8>9< @/;/ -869+;/. <=;871/;
-8;;/5+=387 37 1;8>9 <>11/<=< + -+<>+5 3705>/7-/ 0;86 ,;+7. /?+5>+=387< =8 <581+7<
+7. + <=;871/; -8;;/5+=387 37 1;8>9 0;86 <581+7 /?+5>+=387< =8 ,;+7.<
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'23< 37.3-+=/< + .3;/-=387 80 3705>/7-/ 0;86 =2/ ,;+7. =8 =2/ <581+7 +7.
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+00/-= <581+7 /?+5>+=387< =2+7 =2/ 8=2/; @+B +;8>7. '2/ 8998<3=/ ;/<>5= @+< 08>7.
08; 6+=-2371 ,+</. 87 6/68;B -87<=;>-=387 , '2/ ,;+7. +==3=>./6<581+7
+==3=>./ -8;;/5+=387 @+< 37 1;8>9 +7. 787<317303-+7= 37 1;8>9 '+,5/ '23< 37.3-+=/< + .3;/-=387 80 -+><+5 3705>/7-/ 0;86 =2/ <581+7 =8 =2/ ,;+7. +7.
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7 8;./; =8 =/<= @2+= .;3?/< +-->;+=/ 6+=-2371 08; ->/. ;/=;3/?+5 + +7.
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,/=@//7 -8;;/-=5B +7. 37-8;;/-=5B 6+=-2/. <581+7< @/;/ -869+;/. <// '+,5/ '8
+?83. -870><387 @3=2 =2/ ;/<>5=< 08>7. 37 +C, ;/<987./7=< @28 ></. ->/.
;/=;3/?+5 +7. @28 2+. 78= ,//7 +<4/. +,8>= ,;+7. +==3=>./< ,/08;/ =2/3; 6+=-2371 80
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-87</:>/7-/< 08; <581+7< +< + 6+;4/=371 -866>73-+=387< =885
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37 =/;6< 80 =2/ .300/;/7= 6/68;B 9;8-/<</< -87<>6/;< ></ '2/ ->/. ;/=;3/?+5 9;8-/<<
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6/68;B 9;8-/<< 3< </7<3=3?/ =8 6/68;B .3<=8;=387< >= 9+;+.8A3-+55B -87<=;>-=3?/
6/68;B +558@< 08; + 5+;1/; 3705>/7-/ 80 =2/ <581+7 87 =2/ ,;+7. =2+7 .8/< ->/.
;/=;3/?+5
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</7<3=3?/ =8 <581+7 ?+;3+=387< -87<3<=/7= ></ 80 + <3715/ <581+7 8?/; =36/ <//6< =8 ,/
+ ;/:>3;/6/7= >/. ;/=;3/?+5 6/+7< =2+= ,;+7.< @355 3705>/7-/ <581+7< ;+=2/; =2+7
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80 <581+7< 53<=/. 37 =23< +;=3-5/ 875B =2/ 08>;=2 C =2+= 80 ,;+7. /:>3=B ;/3708;-/6/7= C
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0>5035 =2/3; ,;+7. ,>35.371 9;863</ < -8;;/-= ,;+7.C<581+7 6+=-2371 ;/<=< 6+375B
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9/;-/9=387< '2/ ;3<4< 80 -+><371 37=/;0/;/7-/ 6312= =2>< 8?/;<2+.8@ =2/ ,/7/03=<
7 =2/ +,</7-/ 80 + -5/+;5B ;/6/6,/;/. ,;+7.C<581+7 5374 -87<=;>-=3?/ 6/68;B
@355 ,/ ></. '2/ <581+7 ,/-86/< + -/7=;+5 /5/6/7= 80 =2/ 6+=-2371 9;8-/<< &581+7
534371 3< =;+7<0/;;/. =8 =2/ ,;+7. ,>= =2/ 68;/ 534/. =2/ <581+7 3< =2/ 68;/ </7<3=3?/
3= @355 ,/ =8 -869/=3=3?/ 37=/;0/;/7-/ N&581+7 1;+?3=BF .;+@< </?/;+5 ,;+7.< =8 =2/
<581+7 ;/<>5=371 37 ;/.>-/. +-->;+-B 80 ,;+7.C<581+7 6+=-2371 J<371 ?+;3+=387< 80
=2/ <581+7 28@/?/; -8>5. ,/ + @+B =8 8?/;-86/ <>-2 37=/;0/;/7-/ 0 8?/;-86/ =2/
<581+7 @355 2+?/ =2/ +,353=B =8 3705>/7-/ ,;+7. /:>3=B 0>7-=387< 87/ =@8 +7.
=2;//
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;85/ 80 <581+7< +< + ,;+7. ,>35.371 =885 &581+7 63<6+=-2371 .>/ =8 -87<=;>-=3?/
9;8-/<</< 3< 534/5B =8 8-->; 37 23125B -869/=3=3?/ -+=/18;3/< @3=2 + 2312 ;/53+7-/ 87
-866>73-+=3?/ 95+=08;6< >;=2/;68;/ 3= <28>5. ,/ 68;/ -86687 08; >70+6353+;
,;+7.< +7. -866>73-+=387< =+;1/=/. =8@+;.< 7/@ +>.3/7-/< >/. ;/=;3/?+5 -+7 ,/
/A9/-=/. @2/7 =2/;/ +;/ 0/@ -869/=3=8;< 37 + -+=/18;B =2/ ,;+7. 3< @/55 478@7 +7.
@2/7 =2/ =+;1/= +>.3/7-/ -87<3<=< 80 ->;;/7= ,>B/;< 8; /A9/;=< 87<=;>-=3?/ 6/68;B
@2/7 =2/;/ +;/ 6+7B -869/=3=8;< 37 =2/ -+=/18;B =2/ ,;+7. 3< 7/@ 8; >70+6353+;
+7. @2/7 =2/ =+;1/= +>.3/7-/ -87<3<=< 80 7/@ ,>B/;< 8; 78?3-/<
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<+6/ +< =2/ -87.3=387< >7./; @23-2 -869/=3=3?/ 37=/;0/;/7-/ 80 +. -5+36< 2+?/ ,//7
08>7. =8 ,/ + 6+O8; 9;8,5/6 /1 /7= +7. 55/7 /7= +7. /55+;3< +7. 08; @23-2 <581+7< 2+?/ ,//7 <>11/<=/. =8 ,/ =2/ 68<= ></0>5 %+=2/; =2+7
-5+;30B371 =2/ .300/;/7-/< ,/=@//7 ,;+7.< <581+7 ;/9/=3=387< <//6< =8 6+4/ =2/6
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@3=2 + -+=/18;B 37 + <581+7 @8>5. 37-;/+</ =23< =/7./7-B /?/7 68;/
#7/ @+B =8 8?/;-86/ -869/=3=3?/ 37=/;0/;/7-/ @8>5. ,/ =8 -;/+=/ +778B371 .36
8; 3;;3=+=371 <581+7< J<371 <581+7< =2+= -87<>6/;< .8 78= 534/ 13?/< 6+;4/=/;< =@8
+.?+7=+1/< 3;<= +< <581+7 1;+?3=B =/7.< =8 .;+@ ,;+7.< =8 <581+7< =2+= +;/ 534/.
.3<534/. <581+7< @8>5. ;/?/;</ =23< /00/-= +7. =2>< 37-;/+</ ,;+7.C<581+7 6+=-2371
+-->;+-B &/-87. +7 +778B371 <581+7 <28>5. =8 <=+7. 8>= 0;86 -869/=371 <581+7<
2/7-/ 6+4371 3= 5/<< 9;87/ =8 1/7/;+53P+=387 B /A953-3=5B =/<=371 08; <581+7
534/+,353=B +7. -288<371 =2/ 5/<< 534/. +5=/;7+=3?/< =2/ 7/1+=3?/ /00/-=< 80 <581+7
1/7/;+53P+=387 -8>5. ,/ +?83./. 5=28>12 =23< 6312= <//6 -8>7=/;37=>3=3?/ =2/ 0+-=
=2+= -869/=3=3?/ 37=/;0/;/7-/ 3< 6+375B + 9;8,5/6 37 6+=>;/ +7. 23125B -869/=3=3?/
-+=/18;3/< <>11/<= 8=2/;@3</ 7 <>-2 6+;4/=< ,;+7. <+53/7-/ ;+=2/; =2+7 ,;+7.
.300/;/7=3+=387 2+< ,//7 08>7. =8 ,/ 3698;=+7= -0 2;/7,/;1 . & '2/ 4/B 3<
=8 ,/ 78=3-/. 78= =8 ,/ 534/. '2/ ;/-866/7.+=387 3< =2>< 37 537/ @3=2 =2/8;3P371
<28@371 =2+= >7/A9/-=/. +7. .3<534/. +.?/;=3<371 -+7 ,/ ,/7/03-3+5 08; 6+=>;/
,;+7.< +< 3= 37-;/+</< -87<>6/;<F 37=/;/<= 37 =2/ ,;+7. /1 +25/D7 . & !+-25/3= . & 78=2/; @+B =8 8?/;-86/ -869/=3=3?/ 37=/;0/;/7-/ @8>5. ,/ =8 -2+71/ =2/ ;85/
80 =2/ <581+7 37 6+;4/=371 -866>73-+=387< /55/; <>11/<=< =2+= ,;+7.<
./?/589 ,;+7. 6+7=;+< =8 /7<>;/ 8;1+73P+=387+5 >7./;<=+7.371 80 =2/ ,;+7.
98<3=387 &3635+;5B <581+7< 6312= ,/ 68;/ ></0>5 08; 1>3.371 6+;4/=371
-866>73-+=387 /008;=< =2+7 +< + -866>73-+=3?/ =885 .3;/-=/. += -87<>6/;< '8
;/.>-/ =2/ -869/=3=3?/ 37=/;0/;/7-/ </?/;+5 ?+;3+=387< 80 =2/ <581+7 -8>5. ,/
./?/589/.
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8; 6+;4/=/;< 78= @355371 =8 13?/ >9 87 <581+7< 037.371 @+B< =8 /7<>;/ <>003-3/7=
9;8-/<<371 80 =2/ ,;+7.C<581+7 5374 3< 3698;=+7= 5=28>12 0+6353+; ,;+7.< 2+?/ +
-5/+; +.?+7=+1/ @2/7 3= -86/< =8 -;/+=371 <=;871 ,;+7.C<581+7 5374< -+;/0>55B
-87<3./;/. 6/.3+ 95+77371 -8>5. 2/59 /7<>;/ 9;8-/<<371 =2+= 3< 5/<< ,;+7.;/5+=/.
$5+-371 +.?/;=3</6/7=< @3=2 <581+7< 37 >7/A9/-=/. 6/.3+ ?/23-5/< 5/+.< =8 37-;/+</.
9;8-/<<371 +7. 369;8?/. 6/68;B 08; +.;/5+=/. 3708;6+=387 -0 '8R;7 . & 7 +..3=387 ,B +?83.371 =2/ =2/6+=3- 8?/;5+9 ,/=@//7 =2/ <581+7 +7. 6/.3+ =2/
-87=/A=>+5 ;3-27/<< 80 =2/ <581+7 6/68;B =;+-/ <28>5. ,/ ;/.>-/. =2/;/,B
./-;/+<371 =2/ ;3<4 80 <581+7 1/7/;+53P+=387
!/.3+ 95+77371 -+7 +5<8 ,/ ></. =8 ;/.>-/ =2/ 98=/7=3+5 08; -87<=;>-=3?/ 6/68;B
=8 /;; '2/ ->;;/7= 9;+-=3-/ 80 ;/9/+=371 <581+7< ?/;,+55B 37-;/+</< <581+7
1/7/;+53P+=387 =/7./7-3/< +< =2/B +;/ 2/+?35B ./9/7./7= 87 -87<>6/; ;/-+55 B
95+-371 <581+7< 37 ?3<>+5 6/.3+ 875B =2/ ;3<4 08; -869/=3=3?/ 37=/;0/;/7-/ -+7 ,/
;/.>-/. +< ,;+7.C<581+7 6+=-2371 =2/7 @355 ,/ ,+</. 87 ;/-8173=387 ;+=2/; =2+7
;/-+55 &>-2 6+=-2371 @355 5/+?/ 5/<< ;886 08; -87<=;>-=3?/ 9;8-/<</< -0 /7= +7.
!+-25/3= >;=2/;68;/ =36371 80 6/.3+ -+7 ,/ ></. 87<=;>-=3?/ 6/68;B
2+< ,//7 08>7. =8 3705>/7-/ 9/;-/9=387< 80 +-=>+5 /A9/;3/7-/< /1 ;+>7 ;+>7 +'8>; +7. +'8>; '8 +?83. <>-2 63<=+4/7 +==;3,>=387< 95+-371 +.<
+7. <581+7< 7/+; =8 =2/ 9>;-2+</ ,/-86/< +7 3698;=+7= @+B =8 ;/.>-/ =2/ ;3<4 80
-869/=3=3?/ 37=/;0/;/7-/ +25/D7 +7. "8;.0+R5= 85
;)- (", ( 5 #& >(
9$'$..$)(- ( 7/,.# , ; - ,#
'2/ ;/<>5=< 9;/</7=/. 37 =23< <=>.B +;/ 5363=/. ,B =2/ 0+-= =2+= + <=>./7= <+695/ +7.
<581+7< 0;86 875B 87/ -+=/18;B ,//; @/;/ ></. '2/ <=>.B @+< + 03;<= /008;= =8
>7./;<=+7. =2/ 0;/:>/7= 63<6+=-2371 <581+7< =8 ,;+7.< +7. 80 @2+= 3= 6/+7< 08;
<581+7<F 0>7-=387< +< ,;+7. /:>3=B ,>35./;< '8 37-;/+</ =2/ /-85813-+5 ?+53.3=B 80 =2/
<=>.B + -8;;/5+=387+5 ./<317 +7. ;/+5 <581+7< @/;/ -28</7 //; @+< <//7 +< +7
+99;89;3+=/ -+=/18;B 08; =@8 ;/+<87< 3;<= 3= 3< 6+375B =+;1/=/. =8 + B8>71/; +>.3/7-/
=2>< 6+4371 =2/ -283-/ 80 + <=>./7= <+695/ 5/<< 9;8,5/6+=3- &/-87. =2/ ;/53+7-/ 80
-866>73-+=3?/ 95+=08;6< +7. =2/ 7>6,/; 80 -869/=371 ,;+7.< 37 =2/ -+=/18;B 6+4/<
3= +7 37=/;/<=371 9837= 80 ./9+;=>;/ 08; ;/</+;-2 87 <581+7< 37 + -5>==/;/. /7?3;876/7=
5=28>12 8>; 037.371< +;/ -87<3<=/7= @3=2 9;/?38>< <=>.3/< 80 <8>;-/ 3./7=303-+=387
/1 I82+; +7. $2+6 $2+6 +7. I82+; @/ -+778= -8695/=/5B ;>5/
8>= 8=2/; -+></< 08; =2/ /00/-=< 08>7. '2/ ->;;/7= <=>.B .8/< 28@/?/; +.. + 7/@
.36/7<387 =8 =2/</ <=>.3/< +< 68<= 80 =2/6 2+?/ ></. + <=;3-= /A9/;36/7=+5 ./<317
+7. 78?/5 <=36>53 '2/ +..3=387< 6+./ 37 =23< <=>.B <28>5. ,/ 0>;=2/; =/<=/.
7/?/;=2/5/<< $;/0/;+,5B 37 +7 /A9/;36/7=+5 </==371 @2/;/ +5=/;7+=3?/ /A95+7+=387<
-+7 ,/ -87=;855/. 08; +7. +-=>+5 9;8-/<</< ,/ -58</5B 6873=8;/. #0 <9/-3+5 37=/;/<=
+;/ =2/ ;/<>5=< ;/1+;.371 .300/;/7= /00/-=< 80 -866>73-+=387< 08; .300/;/7= 6+=-2371
9;8-/<</< -0 +7. =2/ +9953-+,353=B 80 .300/;/7= <=;+=/13/< =8 37-;/+</ 6+=-2371
+-->;+-B -0 '2/ 037.371< +5317 @3=2 =2/ 1;8@371 37=/;/<= 37 -87<=;>-=3?/ 6/68;B 9;8-/<</< 37
-87<>6/; ;/</+;-2 -0 ;+>7 ;+>7 +'8>; +7. +'8>; B +558@371
08; + 68;/ -8695/A ?3/@ 80 6/68;B 9;8-/<</< <>-2 <=>.3/< 2+?/ 08>7. =2+= 6/68;B
08; +-=>+5 /A9/;3/7-/< 80 + 9;8.>-= -+7 ,/ -2+71/. ,B 6+;4/=371 -866>73-+=387<
'23< <=>.B <28@< =2+= =2/ <+6/ 285.< 08; 37-8;;/-=5B 6+=-2/. <581+7< +7. <3635+;
;/<>5=< -8>5. ,/ /A9/-=/. ;/1+;.371 8=2/; =B9/< 80 6+;4/=371 -866>73-+=387< +<
@/55 '2/ ?+53.3=B 80 =23< /A9/-=+=387 28@/?/; 6><= ,/ =/<=/. 37 0>=>;/ <=>.3/<
! !
! 3< + $2 +7.3.+=/ 37 !+;4/=371 += =2/ &=8-42856 &-2885 80
-87863-< &@/./7 /; ;/</+;-2 08->< 3< 87 +.?/;=3<371 ./<317 +7. /00/-=3?/7/<<
/; 9;/?38>< @8;4 3< 9>,53<2/. 37 =2/ )/,(& )! 0 ,.$-$(" ; - ,# +7. )/,(& )!
,( (" ' (.
# 3< <<8-3+=/ $;80/<<8; 80 !+;4/=371 += =2/ &=8-42856 &-2885 80
-87863-< 3< ;/</+;-2 08-></< 87 +5=/;7+=3?/ ,;+7.371 +7. +.?/;=3<371 <=;+=/13/<
+7. 3= 2+< ,//7 9>,53<2/. 37 O8>;7+5< <>-2 +< =2/ )/,(& )! 0 ,.$-$(" )/,(& )!
0 ,.$-$(" ; - ,# (. ,(.$)(& )/,(& )! 0 ,.$-$(" )/,(& )! ,(
(" ' (. )/,(& )! ,% .$(" )''/($.$)(- )/,(& )! ,% .$(" # ),3
5 :,.$ +7. :-3#)&)"3 5 ,% .$("
!
';+7<5+=387 37=8 7153<2 ,B =2/ +>=28;< 37 =2/ :>/<=3877+3;/ +55 <581+7< @/;/ 37 =2/3; 8;3137+5
5+71>+1/
86
,(4&)"( .#$(" $( &/.. , (0$,)(' (.
(/ ;/98;= =2/ -8;;/5+=387 -8/003-3/7= ;+=2/; =2+7 ;87,+-2F< +592+ ,/-+></ 8>; 6/+<>;/ 875B
-87<3<=< 80 =@8 3=/6< -0 K/;28/0 088=78=/ !
553<87 % J25 $ 705>/7-/ 80 ,//; ,;+7. 3./7=303-+=387 87 =+<=/ 9/;-/9=387 )/,(& )!
,% .$(" ; - ,# 99 C
/;1/; !3=-2/55 '2/ /00/-= 80 +.?/;=3<371 87 +==3=>./ +--/<<3,353=B +==3=>./
-8703./7-/ +7. =2/ +==3=>./,/2+?38>; ;/5+=387<239 )/,(& )! )(-/' , ; - ,# 99
C
8><2 ! 8@ +.?/;=3<371 <581+7< -+7 9;36/ /?+5>+=387< 80 ,;+7. /A=/7<387< :-3#)&)"3 5
,% .$(" 99 C
;+>7 $8<=/A9/;3/7-/ +.?/;=3<371 /00/-=< 87 -87<>6/; 6/68;B )/,(& )! )(-/' ,
; - ,# 99 C
;+>7 +'8>; +'8>; ! & ';+7<08;6371 -87<>6/; /A9/;3/7-/ )/,(& )! 0 ,.$-$("
99 C
;/716+7 ! . & '2/ 369+-= 80 -87<>6/; -2+;+-=/;3<=3-< +7. -+69+317 ;/5+=/. 0+-=8;< 87 ,;+7.
-870><387 37 9;37= +.?/;=3<371 )/,(& )! ,% .$(" )''/($.$)(- 99 C
;8@7 & $ &=+B6+7 ! 7=/-/./7=< +7. -87</:>/7-/< 80 +==3=>./ =8@+;. =2/ +. + 6/=+
+7+5B<3< )/,(& )! )(-/' , ; - ,# 99 C
>;4/ % % &;>55 ' 869/=3=3?/ 37=/;0/;/7-/ +7. -87<>6/; 6/68;B 08; +.?/;=3<371 )/,(&
)! )(-/' , ; - ,# 99 C
/5<3 % #5<87 I '2/ ;85/ 80 37?85?/6/7= 37 +==/7=387 +7. -869;/2/7<387 9;8-/<</<
)/,(& )! )(-/' , ; - ,# 99 C
+25/D7 ! . & 00/-=< 80 +.,;+7. 37-871;>/7-B )/,(& )! /,, (. --/ - 5 ; - ,# $(
0 ,.$-$(" 99 C
+25/D7 ! "8;.0+R5= I 7=/;0/;/7-/ /00/-=< 80 + 9>;-2+</ 87 <>,</:>/7= +.?/;=3<371 @3=237 =2/
-+=/18;B )/,(& )! /,, (. --/ - 5 ; - ,# $( 0 ,.$-$(" 99 C
+25/D7 ! %8</71;/7 & ;+7.< +00/-= <581+7< +00/-= ,;+7.<H 869/=3=3?/ 37=/;0/;/7-/ ,;+7.
/:>3=B +7. =2/ ,;+7.C<581+7 5374 )/,(& )! ,( (" ' (. 99 C
8=<87 ! I B+== ! -869+;3<87 80 9+;/7=<F +7. -235.;/7F< 478@5/.1/ 80 ,;+7.< +7.
+.?/;=3<371 <581+7< 37 =2/ J73=/. &=+=/< 36953-+=387< 08; -87<>6/; <8-3+53P+=387 )/,(& )!
,% .$(" )''/($.$)(- 99 C
2;/7,/;1 . & 300/;/7=3+=387 8; <+53/7-/ )/,(& )! 0 ,.$-$(" ; - ,# 99 C
773< % *+77+ ! $ ==3=>./< +.?/;=3<371 +7. +>=868,35/< + 0>7-=387+5 +99;8+-2 0( $( )(-/' , ; - ,# 99 C
;//7@+5. /+?3== >.3/7-/ 37?85?/6/7= 37 +.?/;=3<371 08>; 5/?/5< )/,(& )!
)(-/' , ; - ,# 99 C
+5/B % +5.371/; '2/ % -89B ;/</+;-2 ?+53.3=B 9;8O/-= )/,(& )! 0 ,.$-$("
; - ,# 99 C
+;;3< % I . & !/68;B 08; 36953/. ?/;<>< .3;/-=5B <=+=/. +.?/;=3<371 -5+36< :-3#)&)"3
5 ,% .$(" 99 C
85./7 & I & K+72>/5/ ! 78@ =2/ 7+6/ 08;1/= =2/ /A98<>;/ ,;+7. 0+6353+;3=B ?/;<><
6/68;B 80 /A98<>;/ -87=/A= :-3#)&)"3 5 ,% .$(" 99 C
I82+; K $2+6 ! ' %/5+=/.7/<< 9;8637/7-/ +7. -87<=;>-=3?/ <987<8; 3./7=303-+=387
)/,(& )! ,% .$(" ; - ,# 99 C
/3</; & @+;/7/<< 80 ,;+7.< +7. <581+7< )/,(& )! 0 ,.$-$(" ; - ,# 99 C
/55/; /$&$(" -/,$(" ( ("$(" ,( +/$.3 7=/;7+=387+5 .3=387 /. J99/;
&+..5/ %3?/; "I $;/7=3-/ +55
/55/; 87-/9=>+53P371 6/+<>;371 6+7+1371 -><=86/;,+</. ,;+7. /:>3=B )/,(& )!
,% .$(" 99 C
/55/; + >/ -869+=3,353=B +7. 0;+6371 37 +.?/;=3<371 )/,(& )! ,% .$(" ; - ,# 99 C
/55/; , !/68;B +7. /?+5>+=387 /00/-=< 37 -869/=3=3?/ +.?/;=3<371 /7?3;876/7=< )/,(& )!
)(-/' , ; - ,# 99 C
87
;)- (", ( 5 #& >(
/77B ;8<<5+11/. 9+7/5 -8;;/5+=387 + =/<= 08; <9>;38><7/<< :-3#)&)"$& /&& .$(
"8?/6,/; 99 C
/7= % I 55/7 ' 869/=3=3?/ 37=/;0/;/7-/ /00/-=< 37 -87<>6/; 6/68;B 08; +.?/;=3<371 =2/
;85/ 80 ,;+7. 0+6353+;3=B )/,(& )! ,% .$(" 99 C
/7= % I /55+;3< I I 869/=3=3?/ 37=/;0/;/7-/ /00/-=< 37 6/68;B 08; +.?/;=3<371 +;/ 0+6353+;
,;+7.< /A/69=H )/,(& )! ,% .$(" )''/($.$)(- 99 C
/7= % I !+-25/3= '2/ .300/;/7=3+5 /00/-=< 80 @3=237,;+7. +7. ,/=@//7,;+7.
9;8-/<<371 87 =2/ ;/-+55 +7. ;/-8173=387 80 =/5/?3<387 -866/;-3+5< )/,(& )! 0 ,.$-$(" 99 >6+; 7=/;0/;/7-/ /00/-=< 80 -87=/A=>+5 ->/< 37 +.?/;=3</6/7=< 87 6/68;B 08; +. -87=/7=
)/,(& )! )(-/' , :-3#)&)"3 99 C
>6+; &2+74/; !/68;B 37=/;0/;/7-/ 37 +.?/;=3<371 + ;/953-+=387 +7. /A=/7<387 )/,(&
)! )(-/' , ; - ,# 99 C
+@ & +7 ;/9/+=371 + ,;+7. -5+36 5/+. =8 6/68;B -870><387H '2/ /00/-=< 80 -5+36 <3635+;3=B +7.
-87->;;/7= ;/9/=3=387 )/,(& )! ,% .$(" ; - ,# 99 C
+@ & 8 @/ ,/53/?/ @2+= @/ ;/6/6,/; 8; .8 @/ ;/6/6,/; @2+= @/ ,/53/?/H 0( - $(
)(-/' , ; - ,# 99 C
/312 I !8.+53=B -871;>/7-/ 6>5=395/ ;/<8>;-/ =2/8;B +7. 37=/;6/.3+ ,;8+.-+<= -869+;3<87<
+7 /5+,8;+=387 )/,(& )! 0 ,.$-$(" 99 C
84/7 (+;. I 5=/;7+=3?/ +99;8+-2/< =8 >7./;<=+7.371 =2/ ./=/;637+7=< 80 =B93-+53=B
)/,(& )! )(-/' , ; - ,# 99 C
!+-25/3= . & '2/ 6+=>;/ ,;+7. +7. ,;+7. 37=/;/<= +7 +5=/;7+=3?/ -87</:>/7-/ 80 +.
/?84/. +00/-= )/,(& )! ,% .$(" 99 C
!+-/7P3/ & >=P % I 7 /693;3-+5 /A+637+=387 80 =2/ <=;>-=>;+5 +7=/-/./7=< 80 +==3=>./
=8@+;. =2/ +. 37 +7 +.?/;=3<371 9;/=/<=371 -87=/A= )/,(& )! ,% .$(" 99 C
!+=2>; !+=2>; '2/ /00/-= 80 +.?/;=3<371 <581+7 -2+71/< 87 =2/ 6+;4/= ?+5>/< 80 03;6<
)/,(& )! 0 ,.$-$(" ; - ,# 99 C
!88;/ % &=/92/7< &86/ -866>73-+=387 +7. ./681;+923- ./=/;637+7=< 80 +.85/<-/7=
-87<>6/; 5/+;7371 )/,(& )! )(-/' , ; - ,# 99 C
!>/25371 . & '2/ 68./;+=371 /00/-=< 80 +. 6/<<+1/ 37?85?/6/7= + ;/+<</<<6/7= )/,(&
)! 0 ,.$-$(" 99 C
!>/25371 !-+77 ! ==3=>./ =8@+;. =2/ +. + ;/?3/@ )/,(& )! /,, (. --/ - (
; - ,# $( 0 ,.$-$(" 99 C
"8;.23/56 '2/ 3705>/7-/ 80 5/?/5 80 9;8-/<<371 87 +.?/;=3<371 ;/9/=3=387 /00/-=< )/,(& )!
)(-/' , ; - ,# 99 C
#;=2 J % . & $;868=371 ,;+7. ,/7/03=< =2/ ;85/ 80 -87<>6/; 9<B-281;+923-< +7. 530/<=B5/
)/,(& )! )(-/' , ,% .$(" 99 C
$2+6 ! ' I82+; K 87=371/7= 9;8-/<</< 80 <8>;-/ 3./7=303-+=387 )/,(& )! )(-/' ,
; - ,# 99 C
$2+6 ! ' I82+; K !+;4/= $;8637/7-/ ,3+</< 37 <987<8; 3./7=303-+=387 9;8-/<</< +7.
-87</:>/7=3+53=B :-3#)&)"3 5 ,% .$(" 99 C
$3/=/;< % . & ;/+4371 =2;8>12 =2/ -5>==/; ,/7/03=< 80 +.?/;=3</6/7= 8;3137+53=B +7. 0+6353+;3=B
08; ,;+7. +==/7=387 +7. 6/68;B (" ' (. $ ( 99 C
$;B8; ;8.3/ % I 8@ +.?/;=3<371 <581+7< -+7 9;36/ /?+5>+=387< 80 ,;+7. /A=/7<387<
0>;=2/; /693;3-+5 ;/<>5=< )/,(& )! :,)/. 5 ,( (" ' (. 99 C
%//-/ . & (2+= 6+4/< + <581+7 6/68;+,5/ +7. @28 ;/6/6,/;< 3= )/,(& )! /,, (.
--/ - 5 ; - ,# $( 0 ,.$-$(" 99 C
%3-/ /77/== % '2/ ;/5+=387<239 ,/=@//7 ,;+7. ><+1/ +7. +.?/;=3<371 =;+-4371
6/+<>;/6/7=< 37=/;7+=387+5 037.371< )/,(& )! 0 ,.$-$(" ; - ,# 99 C
&368737 %>=2 I < + -869+7B 478@7 ,B =2/ -869+7B 3= 4//9<H <</<<371 =2/ <93558?/;
/00/-=< 80 ,;+7. +553+7-/<Q )/,(& )! ,% .$(" ; - ,# 99 C
'8R;7 . & ==/7=387 6/68;B +7. /?+5>+=387 /00/-=< 80 37-871;>/7= 6/.3+ -283-/ 9+9/; =8 ,/
9;/</7=/. += =2/ =2 ! =2/7< C !+B
J77+?+ % >;74;+7= % 00/-=< 80 ;/9/+=371 ?+;3/. +. /A/->=387< 87 ,;+7. 7+6/
6/68;B )/,(& )! ,% .$(" ; - ,# 99 C
J77+?+ % . & %/.>-371 -869/=3=3?/ +. 37=/;0/;/7-/ ,B ?+;B371 +.?/;=3<371 -87=/A= + =/<= 80
7/=@8;4 68./5< 80 6/68;B 0( - $( )(-/' , ; - ,# 99 C
88
,(4&)"( .#$(" $( &/.. , (0$,)(' (.
J77+?+ % &3;./<26>42 %/.>-371 -869/=3=3?/ +. 37=/;0/;/7-/ )/,(& )! ,% .$("
; - ,# 99 C
K/;28/0 $ J7./;<=+7.371 =2/ /00/-=< 80 -><=86/; ;/5+=387<239 6+7+1/6/7= /008;=< 87 -><=86/;
;/=/7=387 +7. -><=86/; <2+;/ ./?/5896/7= )/,(& )! ,% .$(" 99 C
89
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