ࡱ> &(!"#$%v]bjbjLe(  8JCnf"f"("""i#i#i#BBBBBBBDZGBui#i#i#i#i#B""C666i# ""B6i#B66@0AB"!Rz.rA$yBC0JCB$ Ha3 HHAB HAB8i#i#6i#i#i#i#i#BBe6di#i#i#JCi#i#i#i# Hi#i#i#i#i#i#i#i#i# ( H:8=8AB5@AB2> >1@07>20=8O >AA89A:>9 $545@0F88 #" . 0<5AB8B5;L 8=8AB@0 >1@07>20=8O >AA89A:>9 $545@0F88 ___________..(04@8:>2 17 <0@B0 2000 3. 538AB@0F8>==K9 ! 159 B5E\4A !# !"+  ",+ !" " +!(  $!!,  / 0?@02;5=85 ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0 656000 "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 20;8D8:0F8O - 8=65=5@ 2>48BAO 2 459AB285 A <><5=B0 CB25@645=8O >A:20 - 2000 1. )/ % " !"  / "   !&!"  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 1.10?@02;5=85 ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0 CB25@645=> ?@8:07>< 8=8AB5@AB20 >1@07>20=8O >AA89A:>9 $545@0F88 >B 02.03.2000 3. N 686 1.2. 5@5G5=L >A=>2=KE >1@07>20B5;L=KE ?@>3@0<< (A?5F80;L=>AB59), @50;87C5<KE 2 @0<:0E 40==>3> =0?@02;5=8O ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0: 280100 "5E=>;>38O 8 >1>@C4>20=85 ?@>872>4AB20 =0BC@0;L=KE 2>;>:>=; 280300 "5E=>;>38O B5:AB8;L=KE 8745;89; 280400 @>5:B8@>20=85 B5:AB8;L=KE 8745;89. 1.3. 20;8D8:0F8O 2K?CA:=8:0 - 8=65=5@ >@<0B82=K9 A@>: >A2>5=8O >A=>2=KE >1@07>20B5;L=KE ?@>3@0<< ?>43>B>2:8 8=65=5@0 ?> =0?@02;5=8N ?>43>B>2:8 48?;><8@>20==KE A?5F80;8AB>2  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 ?@8 >G=>9 D>@<5 >1CG5=8O - 5 ;5B. 1.4. 20;8D8:0F8>==0O E0@0:B5@8AB8:0 2K?CA:=8:0 1.4.1. 1J5:BK ?@>D5AA8>=0;L=>9 45OB5;L=>AB8 2K?CA:=8:0 1J5:B0<8 ?@>D5AA8>=0;L=>9 45OB5;L=>AB8 2K?CA:=8:0 O2;ONBAO 2>;>:=0 @0AB8B5;L=>3> 8 682>B=>3> ?@>8AE>645=8O (E;>?>:, ;5=, H5;:, H5@ABL, :>=>?;O, :5=0D 8 4@.), E8<8G5A:85 2>;>:=0, =8B8, B:0=8, B@8:>B06, =5B:0=K5 B5:AB8;L=K5 <0B5@80;K, B5E=>;>38G5A:85 ?@>F5AAK 8 >1>@C4>20=85 8E ?@>872>4AB20, =>@<0B82=>-B5E=8G5A:0O 4>:C<5=B0F8O 8 A8AB5<K AB0=40@B870F88, <5B>4K 8 A@54AB20 8A?KB0=89 8 :>=B@>;O :0G5AB20 B5:AB8;L=KE <0B5@80;>2 8 8745;89. 1.4.2. 84K ?@>D5AA8>=0;L=>9 45OB5;L=>AB8 2K?CA:=8:0 K?CA:=8: ?> =0?@02;5=8N ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 <>65B 1KBL ?>43>B>2;5= : 2K?>;=5=8N A;54CNI8E 284>2 ?@>D5AA8>=0;L=>9 45OB5;L=>AB8: *?@>872>4AB25==>-B5E=>;>38G5A:0O; *>@30=870F8>==>-C?@02;5=G5A:0O; *=0CG=>-8AA;54>20B5;LA:0O; *?@>5:B=0O. >=:@5B=K5 284K 45OB5;L=>AB8 >?@545;ONBAO A>45@60=85< >1@07>20B5;L=>-?@>D5AA8>=0;L=>9 ?@>3@0<<K, @07@010BK205<>9 2C7><. 1.4.3. 040G8 ?@>D5AA8>=0;L=>9 45OB5;L=>AB8 2K?CA:=8:0 K?CA:=8: ?> =0?@02;5=8N ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 2 7028A8<>AB8 >B 2840 ?@>D5AA8>=0;L=>9 45OB5;L=>AB8 ?>43>B>2;5= : @5H5=8N A;54CNI8E ?@>D5AA8>=0;L=KE 7040G: 0) ?@>872>4AB25==>-B5E=>;>38G5A:0O 45OB5;L=>ABL: - >@30=870F8O 8 MDD5:B82=>5 >ACI5AB2;5=85 2E>4=>3> :>=B@>;O :0G5AB20 AK@LO, ?@>872>4AB25==>3> :>=B@>;O ?>;CD01@8:0B>2 8 ?0@0<5B@>2 B5E=>;>38G5A:8E ?@>F5AA>2, :0G5AB20 3>B>2>9 ?@>4C:F88; - MDD5:B82=>5 8A?>;L7>20=85 <0B5@80;>2, >1>@C4>20=8O, A>>B25BAB2CI8E 0;3>@8B<>2 8 ?@>3@0<< @0AG5B>2 ?0@0<5B@>2 B5E=>;>38G5A:>3> ?@>F5AA0; - ?@>2545=85 AB0=40@B=KE 8 A5@B8D8:0F8>==KE 8A?KB0=89 B5:AB8;L=KE <0B5@80;>2 8 8745;89; - >ACI5AB2;5=85 <5B@>;>38G5A:>9 ?>25@:8 >A=>2=KE A@54AB2 87<5@5=89 B5:AB8;L=KE <0B5@80;>2; 1) >@30=870F8>==>-C?@02;5=G5A:0O 45OB5;L=>ABL: - >@30=870F8O @01>BK :>;;5:B820 8A?>;=8B5;59, ?@8=OB85 C?@02;5=G5A:8E @5H5=89 2 CA;>28OE @07;8G=KE <=5=89; - =0E>645=85 :><?@><8AA0 <564C @07;8G=K<8 B@51>20=8O<8 (AB>8<>ABL, :0G5AB2>, 157>?0A=>ABL 8 A@>:8 8A?>;=5=8O) :0: ?@8 4>;3>A@>G=><, B0: 8 ?@8 :@0B:>A@>G=>< ?;0=8@>20=88 8 >?@545;5=85 >?B8<0;L=>3> @5H5=8O; - >F5=:0 ?@>872>4AB25==KE 8 =5?@>872>4AB25==KE 70B@0B =0 >15A?5G5=85 :0G5AB20 ?@>4C:F88; - >ACI5AB2;5=85 B5E=8G5A:>3> :>=B@>;O 8 C?@02;5=8O :0G5AB2>< B5:AB8;L=KE <0B5@80;>2 8 8745;89; 2) =0CG=>-8AA;54>20B5;LA:0O 45OB5;L=>ABL: - 0=0;87 A>AB>O=8O 8 48=0<8:8 ?>:070B5;59 :0G5AB20 >1J5:B>2 45OB5;L=>AB8 (AK@L5, ?@O60, B:0=L, B@8:>B06=K5 8745;8O, =5B:0=K5 <0B5@80;K, B5E=>;>38G5A:85 ?@>F5AAK) A 8A?>;L7>20=85< =5>1E>48<KE <5B>4>2 8 A@54AB2 8AA;54>20=89; - A>740=85 B5>@5B8G5A:8E <>45;59, ?>72>;ONI8E ?@>3=>78@>20BL A2>9AB20 B5:AB8;L=KE <0B5@80;>2; - @07@01>B:0 ?;0=>2, ?@>3@0<< 8 <5B>48: ?@>2545=8O 8AA;54>20=89 B5:AB8;L=KE <0B5@80;>2; - 0=0;87, A8=B57 8 >?B8<870F8O ?@>F5AA>2 >15A?5G5=8O :0G5AB20 8A?KB0=89, A5@B8D8:0F88 ?@>4C:F88 A ?@8<5=5=85< ?@>1;5<=> >@85=B8@>20==KE <5B>4>2; 3) ?@>5:B=0O 45OB5;L=>ABL: - D>@<8@>20=85 F5;59 ?@>5:B0 (?@>3@0<<K) @5H5=8O 7040G, :@8B5@852 8 ?>:070B5;59 4>AB865=8O F5;59, ?>AB@>5=85 AB@C:BC@K 8E 2708<>A2O759, 2KO2;5=85 ?@8>@8B5B>2 @5H5=8O 7040G A CG5B>< =@02AB25==KE 0A?5:B>2 45OB5;L=>AB8; - @07@01>B:0 >1>1I5==KE 20@80=B>2 @5H5=8O ?@>1;5<K, 0=0;87 MB8E 20@80=B>2, ?@>3=>78@>20=85 ?>A;54AB289, =0E>645=85 :><?@><8AA=KE @5H5=89 2 CA;>28OE <=>3>:@8B5@80;L=>AB8 8 =5>?@545;5==>AB8, ?;0=8@>20=85 @50;870F88 ?@>5:B0; - @07@01>B:0 ?@>5:B>2 B5:AB8;L=KE 8745;89 (B:0=8, B@8:>B06, =5B:0=K5 <0B5@80;K) A CG5B>< <5E0=8:>-B5E=>;>38G5A:8E, MAB5B8G5A:8E, M:>=><8G5A:8E ?0@0<5B@>2; - 8A?>;L7>20=85 8=D>@<0F8>==KE B5E=>;>389 ?@8 @07@01>B:5 =>2KE B5:AB8;L=KE <0B5@80;>2 8 8745;89; - @07@01>B:0 ?@>5:B>2 B5E=8G5A:8E CA;>289, AB0=40@B>2 8 B5E=8G5A:8E >?8A0=89 =>2KE B5:AB8;L=KE <0B5@80;>2 8 8745;89. 1.4.4. 20;8D8:0F8>==K5 B@51>20=8O ;O @5H5=8O ?@>D5AA8>=0;L=KE 7040G 8=65=5@: - A>AB02;O5B ?;0=K @07<5I5=8O >1>@C4>20=8O, B5E=8G5A:>3> >A=0I5=8O 8 >@30=870F88 @01>G8E <5AB, @0AAG8BK205B ?@>872>4AB25==K5 <>I=>AB8 8 703@C7:C >1>@C4>20=8O; - CG0AB2C5B 2 @07@01>B:5 B5E=8G5A:8 >1>A=>20==KE =>@< 2K@01>B:8, =>@< >1A;C6820=8O >1>@C4>20=8O; - @0AAG8BK205B =>@<0B82K <0B5@80;L=KE 70B@0B (=>@<K @0AE>40 AK@LO, ?>;CD01@8:0B>2, <0B5@80;>2, M=5@388); - @0AAG8BK205B M:>=><8G5A:CN MDD5:B82=>ABL ?@>5:B8@C5<KE 8745;89 8 B5E=>;>38G5A:8E ?@>F5AA>2; - >ACI5AB2;O5B :>=B@>;L 70 A>1;N45=85< B5E=>;>38G5A:>9 48AF8?;8=K 2 F5E0E 8 ?@028;L=>9 M:A?;C0B0F859 B5E=>;>38G5A:>3> >1>@C4>20=8O; - @07@010BK205B 8 ?@8=8<05B CG0AB85 2 @50;870F88 <5@>?@8OB89 ?> ?>2KH5=8N MDD5:B82=>AB8 ?@>872>4AB20, =0?@02;5==KE =0 A>:@0I5=85 @0AE>40 <0B5@80;>2, A=865=85 B@C4>5<:>AB8, ?>2KH5=85 ?@>872>48B5;L=>AB8 B@C40; - 0=0;878@C5B ?@8G8=K 1@0:0 8 2K?CA:0 ?@>4C:F88 =87:>3> :0G5AB20 8 ?>=865==KE A>@B>2, ?@8=8<05B CG0AB85 2 @07@01>B:5 <5@>?@8OB89 ?> 8E ?@54C?@5645=8N, 0 B0:65 2 @0AA<>B@5=88 ?>ABC?0NI8E @5:;0<0F89 =0 2K?CA:05<CN ?@54?@8OB85< ?@>4C:F8N; - @07@010BK205B <5B>4K B5E=8G5A:>3> :>=B@>;O 8 8A?KB0=8O ?@>4C:F88; - CG0AB2C5B 2 A>AB02;5=88 ?0B5=B=KE 8 ;8F5=78>==KE ?0A?>@B>2, 70O2>: =0 87>1@5B5=8O 8 ?@><KH;5==K5 >1@07FK; - @0AA<0B@8205B @0F8>=0;870B>@A:85 ?@54;>65=8O ?> A>25@H5=AB2>20=8N B5E=>;>388 ?@>872>4AB20 8 405B 70:;NG5=8O > F5;5A>>1@07=>AB8 8E 8A?>;L7>20=8O; - CG0AB2C5B 2 ?@>2545=88 =0CG=KE 8AA;54>20=89 8;8 2K?>;=5=88 B5E=8G5A:8E @07@01>B>:; - >ACI5AB2;O5B A1>@, >1@01>B:C, 0=0;87 8 A8AB5<0B870F8N =0CG=>-B5E=8G5A:>9 8=D>@<0F88 ?> B5<5 (7040=8N); - ?@>5:B8@C5B A@54AB20 8A?KB0=8O 8 :>=B@>;O, >A=0AB:C, ;01>@0B>@=K5 <0:5BK, :>=B@>;8@C5B 8E 873>B>2;5=85; - ?@8=8<05B CG0AB85 2 AB5=4>2KE 8 ?@><KH;5==KE 8A?KB0=8OE >?KB=KE >1@07F>2 (?0@B89) ?@>5:B8@C5<KE 8745;89; - ?>43>B02;8205B 8AE>4=K5 40==K5 4;O A>AB02;5=8O ?;0=>2, A<5B, 70O2>: =0 <0B5@80;K, >1>@C4>20=85 8 B.?.; - @07@010BK205B ?@>5:B=CN 8 @01>GCN B5E=8G5A:CN 4>:C<5=B0F8N, >D>@<;O5B 70:>=G5==K5 =0CG=>-8AA;54>20B5;LA:85 8 ?@>5:B=>-:>=AB@C:B>@A:85 @01>BK; - CG0AB2C5B 2> 2=54@5=88 @07@01>B0==KE B5E=8G5A:8E @5H5=89 8 ?@>5:B>2, 2 >:070=88 B5E=8G5A:>9 ?><>I8 8 >ACI5AB2;5=88 02B>@A:>3> =047>@0 ?@8 873>B>2;5=88, 8A?KB0=8OE 8 A40G5 2 M:A?;C0B0F8N ?@>5:B8@C5<KE 8745;89, >1J5:B>2; - 87CG05B A?5F80;L=CN ;8B5@0BC@C 8 4@C3CN =0CG=>-B5E=8G5A:CN 8=D>@<0F8N, 4>AB865=8O >B5G5AB25==>9 8 70@C156=>9 =0C:8 8 B5E=8:8 2 >1;0AB8 B5E=8:8 8 B5E=>;>388 B5:AB8;L=>3> ?@>872>4AB20; - ?>43>B02;8205B 8=D>@<0F8>==K5 >17>@K, 0 B0:65 @5F5=788, >B7K2K 8 70:;NG5=8O =0 B5E=8G5A:CN 4>:C<5=B0F8N, - :>=AC;LB8@C5B ?> 2>?@>A0< ?@>5:B8@>20=8O :>=:C@5=B>A?>A>1=>9 ?@>4C:F88, @07@01>B:8 8 @50;870F88 ?@>3@5AA82=KE B5E=>;>38G5A:8E ?@>F5AA>2. 1.5. >7<>6=>AB8 ?@>4>;65=8O >1@07>20=8O 2K?CA:=8:0 =65=5@, >A2>82H89 >A=>2=CN >1@07>20B5;L=CN ?@>3@0<<C 2KAH53> ?@>D5AA8>=0;L=>3> >1@07>20=8O ?> =0?@02;5=8N ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 , ?>43>B>2;5= 4;O ?@>4>;65=8O >1@07>20=8O 2 0A?8@0=BC@5. 2. " /  # . " "# " 2.1. @54H5AB2CNI89 C@>25=L >1@07>20=8O 018BC@85=B0 - A@54=55 (?>;=>5) >1I55 >1@07>20=85. 2.2. 18BC@85=B 4>;65= 8<5BL 4>:C<5=B 3>AC40@AB25==>3> >1@07F0 > A@54=5< (?>;=><) >1I5< >1@07>20=88 8;8 A@54=5< ?@>D5AA8>=0;L=>< >1@07>20=88, 8;8 =0G0;L=>< ?@>D5AA8>=0;L=>< >1@07>20=88, 5A;8 2 =5< 5ABL 70?8AL > ?>;CG5=88 ?@54JO28B5;5< A@54=53> (?>;=>3>) >1I53> >1@07>20=8O, 8;8 2KAH5< ?@>D5AA8>=0;L=>< >1@07>20=88. 3. ) " /  !+  ",+      . "   !&!"  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 3.1. A=>2=0O >1@07>20B5;L=0O ?@>3@0<<0 ?>43>B>2:8 8=65=5@0 @07@010BK205BAO =0 >A=>20=88 =0AB>OI53> 3>AC40@AB25==>3> >1@07>20B5;L=>3> AB0=40@B0 8 2:;NG05B 2 A51O CG51=K9 ?;0=, ?@>3@0<<K CG51=KE 48AF8?;8=, ?@>3@0<<K CG51=KE 8 ?@>872>4AB25==KE ?@0:B8:. 3.2. "@51>20=8O : >1O70B5;L=><C <8=8<C<C A>45@60=8O >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K ?>43>B>2:8 8=65=5@0, : CA;>28O< 55 @50;870F88 8 A@>:0< 55 >A2>5=8O >?@545;ONBAO =0AB>OI8< 3>AC40@AB25==K< >1@07>20B5;L=K< AB0=40@B><. 3.3. A=>2=0O >1@07>20B5;L=0O ?@>3@0<<0 ?>43>B>2:8 8=65=5@0 A>AB>8B 87 48AF8?;8= D545@0;L=>3> :><?>=5=B0, 48AF8?;8= =0F8>=0;L=>-@538>=0;L=>3> (2C7>2A:>3>) :><?>=5=B0, 48AF8?;8= ?> 2K1>@C ABC45=B0, 0 B0:65 D0:C;LB0B82=KE 48AF8?;8=. 8AF8?;8=K 8 :C@AK 2C7>2A:>3> :><?>=5=B0 8 ?> 2K1>@C ABC45=B0 2 :064>< F8:;5 4>;6=K A>45@60B5;L=> 4>?>;=OBL 48AF8?;8=K, C:070==K5 2 D545@0;L=>< :><?>=5=B5 F8:;0. 3.4. A=>2=0O >1@07>20B5;L=0O ?@>3@0<<0 ?>43>B>2:8 8=65=5@0 4>;6=0 ?@54CA<0B@820BL 87CG5=85 ABC45=B>< A;54CNI8E F8:;>2 48AF8?;8=: F8:; !-. 1I85 3C<0=8B0@=K5 8 A>F80;L=>-M:>=><8G5A:85 48AF8?;8=K; F8:; . 1I85 <0B5<0B8G5A:85 8 5AB5AB25==>=0CG=K5 48AF8?;8=K; F8:; . 1I5?@>D5AA8>=0;L=K5 48AF8?;8=K; F8:; !. !?5F80;L=K5 48AF8?;8=K, 2:;NG0O 48AF8?;8=K A?5F80;870F89; $". $0:C;LB0B82=K5 48AF8?;8=K. 3.5. !>45@60=85 =0F8>=0;L=>-@538>=0;L=>3> :><?>=5=B0 >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K ?>43>B>2:8 8=65=5@0 4>;6=> >15A?5G820BL ?>43>B>2:C 2K?CA:=8:0 2 A>>B25BAB288 A :20;8D8:0F8>==>9 E0@0:B5@8AB8:>9, CAB0=>2;5==>9 =0AB>OI8< 3>AC40@AB25==K< AB0=40@B><. 4. " /  /",# ## ! / !+%  ",+%      . "   !&!"  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 =45:A08<5=>20=85 48AF8?;8=K 8 55 >A=>2=K5 @0745;KA53> G0A>2123 !- 1I85 3C<0=8B0@=K5 8 A>F80;L=>- M:>=><8G5A:85 48AF8?;8=K 1800 !-.$.00$545@0;L=K9 :><?>=5=B  1260!-.$.01 =>AB@0==K9 O7K:: !?5F8D8:0 0@B8:C;OF88 72C:>2, 8=B>=0F88, 0:F5=BC0F88 8 @8B<0 =59B@0;L=>9 @5G8 2 87CG05<>< O7K:5: >A=>2=K5 >A>15==>AB8 ?>;=>3> AB8;O ?@>87=>H5=8O, E0@0:B5@=K5 4;O AD5@K ?@>D5AA8>=0;L=>9 :><<C=8:0F88; GB5=85 B@0=A:@8?F88. 5:A8G5A:89 <8=8<C< 2 >1J5<5 4000 CG51=KE ;5:A8G5A:8E 548=8F >1I53> 8 B5@<8=>;>38G5A:>3> E0@0:B5@0. >=OB85 48DD5@5=F80F88 ;5:A8:8 ?> AD5@0< ?@8<5=5=8O: 1KB>20O, B5@<8=>;>38G5A:0O, >1I5=0CG=0O, >D8F80;L=0O 8 4@C30O). >=OB85 > A2>1>4=KE 8 CAB>9G82KE A;>2>A>G5B0=8OE, D@075>;>38G5A:8E 548=8F0E. 340123>=OB85 >1 >A=>2=KE A?>A>10E A;>2>>1@07>20=8O. @0<<0B8G5A:85 =02K:8, >15A?5G820NI85 :><<C=8:0F8N 157 8A:065=8O A<KA;0 ?@8 ?8AL<5==>< 8 CAB=>< >1I5=88 >1I53> E0@0:B5@0; >A=>2=K5 3@0<<0B8G5A:85 O2;5=8O, E0@0:B5@=K5 4;O ?@>D5AA8>=0;L=>9 @5G8. >=OB85 >1 >18E>4=>-;8B5@0BC@=><, >D8F80;L=>-45;>2><, =0CG=>< AB8;OE, AB8;5 EC4>65AB25==>9 ;8B5@0BC@K. A=>2=K5 >A>15==>AB8 =0CG=>3> AB8;O. C;LBC@0 8 B@048F88 AB@0= 87CG05<>3> O7K:0, ?@028;0 @5G52>3> MB8:5B0. >2>@5=85. 80;>38G5A:0O 8 <>=>;>38G5A:0O @5GL A 8A?>;L7>20=85< =081>;55 C?>B@518B5;L=KE 8 >B=>A8B5;L=> ?@>ABKE ;5:A8:>-3@0<<0B8G5A:8E A@54AB2 2 >A=>2=KE :><<C=8:0B82=KE A8BC0F8OE =5>D8F80;L=>3> 8 >D8F80;L=>3> >1I5=8O. A=>2K ?C1;8G=>9 @5G8 (CAB=>5 A>>1I5=85, 4>:;04). C48@>20=85. >=8<0=85 480;>38G5A:>9 8 <>=>;>38G5A:>9 @5G8 2 AD5@5 1KB>2>9 8 ?@>D5AA8>=0;L=>9 :><<C=8:0F88. 'B5=85. 84K B5:AB>2: =5A;>6=K5 ?@03<0B8G5A:85 B5:ABK 8 B5:ABK ?> H8@>:><C 8 C7:><C ?@>D8;N A?5F80;L=>AB8. 8AL<>. 84K @5G52KE ?@>872545=89: 0==>B0F8O, @5D5@0B, B578AK, A>>1I5=8O, G0AB=>5 ?8AL<>, 45;>2>5 ?8AL<>, 18>3@0D8O. !-.$.02 $878G5A:0O :C;LBC@0: $878G5A:0O :C;LBC@0 2 >1I5:C;LBC@=>9 8 ?@>D5AA8>=0;L=>9 ?>43>B>2:5 ABC45=B>2. 5 A>F80;L=>-18>;>38G5A:85 >A=>2K. $878G5A:0O :C;LBC@0 8 A?>@B :0: A>F80;L=K5 D5=><5=K >1I5AB20. 0:>=>40B5;LAB2> >AA89A:>9 $545@0F88 > D878G5A:>9 :C;LBC@5 8 A?>@B5. $878G5A:0O :C;LBC@0 ;8G=>AB8. A=>2K 74>@>2>3> >1@070 687=8 ABC45=B0. A>15==>AB8 8A?>;L7>20=8O A@54AB2 D878G5A:>9 :C;LBC@K 4;O >?B8<870F88 @01>B>A?>A>1=>AB8. 1I0O D878G5A:0O 8 A?5F80;L=0O ?>43>B>2:0 2 A8AB5<5 D878G5A:>3> 2>A?8B0=8O. !?>@B. =48284C0;L=K9 2K1>@ 284>2 A?>@B0 8;8 A8AB5< D878G5A:8E C?@06=5=89. @>D5AA8>=0;L=>-?@8:;04=0O D878G5A:0O ?>43>B>2:0 ABC45=B>2. A=>2K <5B>48:8 A0<>AB>OB5;L=KE 70=OB89 8 A0<>:>=B@>;L 70 A>AB>O=85< A2>53> >@30=87<0.408123!-.$.03 B5G5AB25==0O 8AB>@8O: !CI=>ABL, D>@<K, DC=:F88 8AB>@8G5A:>3> 7=0=8O. 5B>4K 8 8AB>G=8:8 87CG5=8O 8AB>@88. >=OB85 8 :;0AA8D8:0F8O 8AB>@8G5A:>3> 8AB>G=8:0. B5G5AB25==0O 8AB>@8>3@0D8O 2 ?@>H;>< 8 =0AB>OI5<: >1I55 8 >A>15==>5. 5B>4>;>38O 8 B5>@8O 8AB>@8G5A:>9 =0C:8. AB>@8O >AA88  =5>BJ5<;5<0O G0ABL 2A5<8@=>9 8AB>@88. =B8G=>5 =0A;5485 2 M?>EC 5;8:>3> ?5@5A5;5=8O =0@>4>2. @>1;5<0 MB=>35=570 2>AB>G=KE A;02O=. A=>2=K5 MB0?K AB0=>2;5=8O 3>AC40@AB25==>AB8. @52=OO CAL 8 :>G52=8:8. 870=B89A:>-4@52=5@CAA:85 A2O78. A>15==>AB8 A>F80;L=>3> AB@>O @52=59 CA8. -B=>:C;LBC@=K5 8 A>F80;L=>-?>;8B8G5A:85 ?@>F5AAK AB0=>2;5=8O @CAA:>9 3>AC40@AB25==>AB8. @8=OB85 E@8AB80=AB20. 0A?@>AB@0=5=85 8A;0<0. -2>;NF8O 2>AB>G=>A;02O=A:>9 3>AC40@AB25==>AB8 2 ((-((( 22.. !>F80;L=> ?>;8B8G5A:85 87<5=5=8O 2 @CAA:8E 75<;OE ((((-(V 22.. CAL 8 @40: ?@>1;5<K 2708<>2;8O=8O. >AA8O 8 A@54=525:>2K5 3>AC40@AB20 2@>?K 8 788. !?5F8D8:0 D>@<8@>20=8O 548=>3> @>AA89A:>3> 3>AC40@AB20. >72KH5=85 >A:2K. $>@<8@>20=85 A>A;>2=>9 A8AB5<K >@30=870F88 >1I5AB20. 5D>@<K 5B@0 (. 5: :0B5@8=K. @54?>AK;:8 8 >A>15==>AB8 A:;04K20=8O @>AA89A:>3> 01A>;NB87<0. 8A:CAA88 > 35=578A5 A0<>45@6028O. A>15==>AB8 8 >A=>2=K5 MB0?K M:>=><8G5A:>3> @0728B8O >AA88. -2>;NF8O D>@< A>1AB25==>AB8 =0 75<;N. !B@C:BC@0 D5>40;L=>3> 75<;52;045=8O. @5?>AB=>5 ?@02> 2 >AA88. 0=CD0:BC@=>-?@><KH;5==>5 ?@>872>4AB2>. !B0=>2;5=85 8=4CAB@80;L=>3> >1I5AB20 2 >AA88: >1I55 8 >A>15==>5. 1I5AB25==0O <KA;L 8 >A>15==>AB8 >1I5AB25==>3> 42865=8O >AA88 ((( 2.. 5D>@<K 8 @5D>@<0B>@K 2 >AA88. CAA:0O :C;LBC@0 ((( 25:0 8 55 2:;04 2 <8@>2CN :C;LBC@C. >;L (( AB>;5B8O 2 <8@>2>9 8AB>@88. ;>10;870F8O >1I5AB25==KE ?@>F5AA>2. @>1;5<0 M:>=><8G5A:>3> @>AB0 8 <>45@=870F88. 52>;NF88 8 @5D>@<K. !>F80;L=0O B@0=AD>@<0F8O >1I5AB20. !B>;:=>25=85 B5=45=F89 8=B5@=0F8>=0;87<0 8 =0F8>=0;87<0, 8=B53@0F88 8 A5?0@0B87<0, 45<>:@0B88 8 02B>@8B0@87<0. >AA8O 2 =0G0;5 (( 2.. 1J5:B82=0O ?>B@51=>ABL 8=4CAB@80;L=>9 <>45@=870F88 >AA88. >AA89A:85 @5D>@<K 2 :>=B5:AB5 >1I5<8@>2>3> @0728B8O 2 =0G0;5 25:0. >;8B8G5A:85 ?0@B88 >AA88: 35=578A, :;0AA8D8:0F8O, ?@>3@0<<K,B0:B8:0.123 >AA8O 2 CA;>28OE <8@>2>9 2>9=K 8 >1I5=0F8>=0;L=>3> :@878A0. 52>;NF8O 1917 3.. @0640=A:0O 2>9=0 8 8=B5@25=F8O, 8E @57C;LB0BK 8 ?>A;54AB28O. >AA89A:0O M<83@0F8O. !>F80;L=>-M:>=><8G5A:>5 @0728B85 AB@0=K 2 20-5 33.. -. $>@<8@>20=85 >4=>?0@B89=>3> ?>;8B8G5A:>3> @568<0. 1@07>20=85 !!! . C;LBC@=0O 687=L AB@0=K 2 20-5 33.. =5H=OO ?>;8B8:0. C@A =0 AB@>8B5;LAB2> A>F80;87<0 2 >4=>9 AB@0=5 8 53> ?>A;54AB28O. !>F80;L=>-M:>=><8G5A:85 ?@5>1@07>20=8O 2 30-5 33.. #A8;5=85 @568<0 ;8G=>9 2;0AB8 !B0;8=0. !>?@>B82;5=85 AB0;8=87<C. !!!  =0:0=C=5 8 2 =0G0;L=K9 ?5@8>4 2B>@>9 <8@>2>9 2>9=K. 5;8:0O B5G5AB25==0O 2>9=0. !>F80;L=>-M:>=><8G5A:>5 @0728B85, >1I5AB25==>-?>;8B8G5A:0O 687=L, :C;LBC@0, 2=5H=OO ?>;8B8:0 !!!  2 ?>A;52>5==K5 3>4K. %>;>4=0O 2>9=0. >?KB:8 >ACI5AB2;5=8O ?>;8B8G5A:8E 8 M:>=><8G5A:8E @5D>@<. "  8 55 2;8O=85 =0 E>4 >1I5AB25==>3> @0728B8O. !!!  2 A5@548=5 60-8-E 33.: =0@0AB0=85 :@878A=KE O2;5=89. !>25BA:89 !>N7 2 1985-1991 33.. 5@5AB@>9:0. >?KB:0 3>AC40@AB25==>3> ?5@52>@>B0 1991 3. 8 55 ?@>20;. 0A?04 !!! . 5;>256A:85 A>3;0H5=8O. :BO1@LA:85 A>1KB8O 1993 3. !B0=>2;5=85 =>2>9 @>AA89A:>9 3>AC40@AB25==>AB8 (1993-1999 33.). >AA8O =0 ?CB8 @048:0;L=>9 A>F80;L=>-M:>=><8G5A:>9 <>45@=870F88. C;LBC@0 2 A>2@5<5==>9 >AA88. =5H=5?>;8B8G5A:0O 45OB5;L=>ABL 2 CA;>28OE =>2>9 35>?>;8B8G5A:>9 A8BC0F88. !-.$.04 C;LBC@>;>38O: !B@C:BC@0 8 A>AB02 A>2@5<5==>3> :C;LBC@>;>38G5A:>3> 7=0=8O. C;LBC@>;>38O 8 D8;>A>D8O :C;LBC@K, A>F8>;>38O :C;LBC@K, :C;LBC@=0O 0=B@>?>;>38O. C;LBC@>;>38O 8 8AB>@8O :C;LBC@K. "5>@5B8G5A:0O 8 ?@8:;04=0O :C;LBC@>;>38O. 5B>4K :C;LBC@>;>38G5A:8E 8AA;54>20=89. A=>2=K5 ?>=OB8O :C;LBC@>;>388: :C;LBC@0, F828;870F8O, <>@D>;>38O :C;LBC@K, DC=:F88 :C;LBC@K, AC1J5:B :C;LBC@K, :C;LBC@>35=57, 48=0<8:0 :C;LBC@K, O7K: 8 A8<2>;K :C;LBC@K, :C;LBC@=K5 :>4K, <56:C;LBC@=K5 :><<C=8:0F88, :C;LBC@=K5 F5==>AB8 8 =>@<K, :C;LBC@=K5 B@048F88, :C;LBC@=0O :0@B8=0 <8@0, A>F80;L=K5 8=AB8BCBK :C;LBC@K, 123C;LBC@=0O A0<>845=B8G=>ABL, :C;LBC@=0O <>45@=870F8O. "8?>;>38O :C;LBC@. -B=8G5A:0O 8 =0F8>=0;L=0O, M;8B0@=0O 8 <0AA>20O :C;LBC@K. >AB>G=K5 8 70?04=K5 B8?K :C;LBC@. !?5F8D8G5A:85 8  A5@548==K5 :C;LBC@K. >:0;L=K5 :C;LBC@K. 5AB> 8 @>;L >AA88 2 <8@>2>9 :C;LBC@5. "5=45=F88 :C;LBC@=>9 C=825@A0;870F88 2 <8@>2>< A>2@5<5==>< ?@>F5AA5. C;LBC@0 8 ?@8@>40. C;LBC@0 8 >1I5AB2>. C;LBC@0 8 3;>10;L=K5 ?@>1;5<K A>2@5<5==>AB8. C;LBC@0 8 ;8G=>ABL. =:C;LBC@0F8O 8 A>F80;870F8O. !-.$.05 >;8B>;>38O: 1J5:B, ?@54<5B 8 <5B>4 ?>;8B8G5A:>9 =0C:8. $C=:F88 ?>;8B>;>388. >;8B8G5A:0O 687=L 8 2;0AB=K5 >B=>H5=8O. >;L 8 <5AB> ?>;8B8:8 2 687=8 A>2@5<5==KE >1I5AB2.!>F80;L=K5 DC=:F88 ?>;8B8:8. AB>@8O ?>;8B8G5A:8E CG5=89. >AA89A:0O ?>;8B8G5A:0O B@048F8O: 8AB>:8, A>F8>:C;LBC@=K5 >A=>20=8O, 8AB>@8G5A:0O 48=0<8:0. !>2@5<5==K5 ?>;8B>;>38G5A:85 H:>;K. @0640=A:>5 >1I5AB2>, 53> ?@>8AE>645=85 8 >A>15==>AB8. A>15==>AB8 AB0=>2;5=8O 3@0640=A:>3> >1I5AB20 2 >AA88. =AB8BCF8>=0;L=K5 0A?5:BK ?>;8B8:8. >;8B8G5A:0O 2;0ABL. >;8B8G5A:0O A8AB5<0. >;8B8G5A:85 @568<K, ?>;8B8G5A:85 ?0@B88, M;5:B>@0;L=K5 A8AB5<K. >;8B8G5A:85 >B=>H5=8O 8 ?@>F5AAK. >;8B8G5A:85 :>=D;8:BK 8 A?>A>1K 8E @07@5H5=8O. >;8B8G5A:85 B5E=>;>388. >;8B8G5A:89 <5=546<5=B. >;8B8G5A:0O <>45@=870F8O. >;8B8G5A:85 >@30=870F88 8 42865=8O. >;8B8G5A:85 M;8BK. >;8B8G5A:>5 ;845@AB2>. !>F8>:C;LBC@=K5 0A?5:BK ?>;8B8:8. 8@>20O ?>;8B8:0 8 <564C=0@>4=K5 >B=>H5=8O. A>15==>AB8 <8@>2>3> ?>;8B8G5A:>3> ?@>F5AA0. 0F8>=0;L=>-3>AC40@AB25==K5 8=B5@5AK >AA88 2 =>2>9 35>?>;8B8G5A:>9 A8BC0F88. 5B>4>;>38O ?>7=0=8O ?>;8B8G5A:>9 @50;L=>AB8. 0@0483<K ?>;8B8G5A:>3> 7=0=8O. -:A?5@B=>5 ?>;8B8G5A:>5 7=0=85; ?>;8B8G5A:0O 0=0;8B8:0 8 ?@>3=>AB8:0.  123!-.$.06@02>2545=85: >AC40@AB2> 8 ?@02>. E @>;L 2 687=8 >1I5AB20. >@<0 ?@020 8 =>@<0B82=>-?@02>2K5 0:BK. A=>2=K5 ?@02>2K5 A8AB5<K A>2@5<5==>AB8. 564C=0@>4=>5 ?@02> :0: >A>10O A8AB5<0 ?@020. AB>G=8:8 @>AA89A:>3> ?@020. 0:>= 8 ?>470:>==K5 0:BK. !8AB5<0 @>AA89A:>3> ?@020. B@0A;8 ?@020. @02>=0@CH5=85 8 N@848G5A:0O >B25BAB25==>ABL. =0G5=85 70:>==>AB8 8 ?@02>?>@O4:0 2 A>2@5<5==>< >1I5AB25. @02>2>5 3>AC40@AB2>. >=AB8BCF8O >AA89A:>9 $545@0F88  >A=>2=>9 70:>= 3>AC40@AB20. A>15==>AB8 D545@0B82=>3> CAB@>9AB20 >AA88. !8AB5<0 >@30=>2 3>AC40@AB25==>9 2;0AB8 2 >AA89A:>9 $545@0F88. !-.$.07>=OB85 3@0640=A:>3> ?@02>>B=>H5=8O. $878G5A:85 8 N@848G5A:85 ;8F0. @02> A>1AB25==>AB8. 1O70B5;LAB20 2 3@0640=A:>< ?@025 8 >B25BAB25==>ABL 70 8E =0@CH5=85. 0A;54AB25==>5 ?@02>. @0G=>-A5<59=K5 >B=>H5=8O. 708<=K5 ?@020 8 >1O70==>AB8 AC?@C3>2, @>48B5;59 8 45B59. B25BAB25==>ABL ?> A5<59=><C ?@02C. "@C4>2>9 4>3>2>@ (:>=B@0:B). "@C4>20O 48AF8?;8=0 8 >B25BAB25==>ABL 70 55 =0@CH5=85. 4<8=8AB@0B82=K5 ?@02>=0@CH5=8O 8 04<8=8AB@0B82=0O >B25BAB25==>ABL. >=OB85 ?@5ABC?;5=8O. #3>;>2=0O >B25BAB25==>ABL 70 A>25@H5=85 ?@5ABC?;5=89. -:>;>38G5A:>5 ?@02>. A>15==>AB8 ?@02>2>3> @53C;8@>20=8O 1C4CI59 ?@>D5AA8>=0;L=>9 45OB5;L=>AB8. @02>2K5 >A=>2K 70I8BK 3>AC40@AB25==>9 B09=K. 0:>=>40B5;L=K5 8 =>@<0B82=>-?@02>2K5 0:BK 2 >1;0AB8 70I8BK 8=D>@<0F88 8 3>AC40@AB25==>9 B09=K. A8E>;>38O 8 ?5403>38:0:  A 8 E > ; > 3 8 O : ?@54<5B, >1J5:B 8 <5B>4K ?A8E>;>388. 5AB> ?A8E>;>388 2 A8AB5<5 =0C:. AB>@8O @0728B8O ?A8E>;>38G5A:>3> 7=0=8O 8 >A=>2=K5 =0?@02;5=8O 2 ?A8E>;>388. =48284, ;8G=>ABL, AC1J5:B, 8=48284C0;L=>ABL. A8E8:0 8 >@30=87<. A8E8:0, ?>2545=85 8 45OB5;L=>ABL. A=>2=K5 DC=:F88 ?A8E8:8. 0728B85 ?A8E8:8 2 ?@>F5AA5 >=B>35=570 8 D8;>35=570.123>73 8 ?A8E8:0. !B@C:BC@0 ?A8E8:8. !>>B=>H5=85 A>7=0=8O 8 15AA>7=0B5;L=>3>. A=>2=K5 ?A8E8G5A:85 ?@>F5AAK. !B@C:BC@0 A>7=0=8O. >7=020B5;L=K5 ?@>F5AAK. ICI5=85. >A?@8OB85. @54AB02;5=85. >>1@065=85. KH;5=85 8 8=B5;;5:B. "2>@G5AB2>. =8<0=85. =5<8G5A:85 ?@>F5AAK. -<>F88 8 GC2AB20. A8E8G5A:0O @53C;OF8O ?>2545=8O 8 45OB5;L=>AB8. 1I5=85 8 @5GL. A8E>;>38O <0;KE 3@C??. 563@C??>2K5 >B=>H5=8O 8 2708<>459AB28O.  5 4 0 3 > 3 8 : 0 : >1J5:B, ?@54<5B, 7040G8, DC=:F88,  !-.$.08<5B>4K ?5403>38:8. A=>2=K5 :0B53>@88 ?5403>38:8: >1@07>20=85, 2>A?8B0=85, >1CG5=85, ?5403>38G5A:0O 45OB5;L=>ABL, ?5403>38G5A:>5 2708<>459AB285, ?5403>38G5A:0O B5E=>;>38O, ?5403>38G5A:0O 7040G0. 1@07>20=85 :0: >1I5G5;>25G5A:0O F5==>ABL. 1@07>20=85 :0: A>F8>:C;LBC@=K9 D5=><5= 8 ?5403>38G5A:89 ?@>F5AA. 1@07>20B5;L=0O A8AB5<0 >AA88. &5;8, A>45@60=85, AB@C:BC@0 =5?@5@K2=>3> >1@07>20=8O, 548=AB2> >1@07>20=8O 8 A0<>>1@07>20=8O. 5403>38G5A:89 ?@>F5AA. 1@07>20B5;L=0O, 2>A?8B0B5;L=0O 8 @072820NI0O DC=:F8O >1CG5=8O. >A?8B0=85 2 ?5403>38G5A:>< ?@>F5AA5. 1I85 D>@<K >@30=870F88 CG51=>9 45OB5;L=>AB8. #@>:, ;5:F8O, A5<8=0@A:85, ?@0:B8G5A:85 8 ;01>@0B>@=K5 70=OB8O, 48A?CB, :>=D5@5=F8O, 70G5B, M:70<5=, D0:C;LB0B82=K5 70=OB8O, :>=AC;LB0F8O. 5B>4K, ?@85<K, A@54AB20 >@30=870F88 8 C?@02;5=8O ?5403>38G5A:8< ?@>F5AA><. !5<LO :0: AC1J5:B ?5403>38G5A:>3> 2708<>459AB28O 8 A>F8>:C;LBC@=0O A@540 2>A?8B0=8O 8 @0728B8O ;8G=>AB8. #?@02;5=85 >1@07>20B5;L=K<8 A8AB5<0<8. CAA:89 O7K: 8 :C;LBC@0 @5G8: !B8;8 A>2@5<5==>3> @CAA:>3> ;8B5@0BC@=>3> O7K:0. /7K:>20O =>@<0, 55 @>;L 2 AB0=>2;5=88 8 DC=:F8>=8@>20=88 ;8B5@0BC@=>3> O7K:0. 5G52>5 2708<>459AB285. A=>2=K5 548=8FK >1I5=8O. #AB=0O 8 ?8AL<5==0O @07=>284=>AB8 ;8B5@0BC@=>3> O7K:0. >@<0B82=K5, :><<C=8:0B82=K5, MB8G5A:85 0A?5:BK CAB=>9 8 ?8AL<5==>9 @5G8.123$C=:F8>=0;L=K5 AB8;8 A>2@5<5==>3> @CAA:>3> O7K:0. 708<>459AB285 DC=:F8>=0;L=KE AB8;59. 0CG=K9 AB8;L. !?5F8D8:0 8A?>;L7>20=8O M;5<5=B>2 @07;8G=KE O7K:>2KE C@>2=59 2 =0CG=>9 @5G8. 5G52K5 =>@<K CG51=>9 8 =0CG=>9 AD5@ 45OB5;L=>AB8. D8F80;L=>-45;>2>9 AB8;L, AD5@0 53> DC=:F8>=8@>20=8O, 60=@>2>5 @07=>>1@0785. /7K:>2K5 D>@<C;K >D8F80;L=KE 4>:C<5=B>2. @85<K C=8D8:0F88 O7K:0 A;C651=KE 4>:C<5=B>2. =B5@=0F8>=0;L=K5 A2>9AB20 @CAA:>9 >D8F80;L=>-45;>2>9 ?8AL<5==>9 @5G8. /7K: 8 AB8;L @0A?>@O48B5;L=KE 4>:C<5=B>2. /7K: 8 AB8;L :><<5@G5A:>9 :>@@5A?>=45=F88. !-.$.09/7K: 8 AB8;L 8=AB@C:B82=>-<5B>48G5A:8E 4>:C<5=B>2. 5:;0<0 2 45;>2>9 @5G8. @028;0 >D>@<;5=8O 4>:C<5=B>2. 5G52>9 MB8:5B 2 4>:C<5=B5. 0=@>20O 48DD5@5=F80F8O 8 >B1>@ O7K:>2KE A@54AB2 2 ?C1;8F8AB8G5A:>< AB8;5. A>15==>AB8 CAB=>9 ?C1;8G=>9 @5G8. @0B>@ 8 53> 0C48B>@8O. A=>2=K5 284K 0@3C<5=B>2. >43>B>2:0 @5G8: 2K1>@ B5<K, F5;L @5G8, ?>8A: <0B5@80;0, =0G0;>, @0725@BK20=85 8 7025@H5=85 @5G8. A=>2=K5 ?@85<K ?>8A:0 <0B5@80;0 8 284K 2A?><>30B5;L=KE <0B5@80;>2. !;>25A=>5 >D>@<;5=85 ?C1;8G=>3> 2KABC?;5=8O. >=OB;82>ABL, 8=D>@<0B82=>ABL 8 2K@078B5;L=>ABL ?C1;8G=>9 @5G8. 073>2>@=0O @5GL 2 A8AB5<5 DC=:F8>=0;L=KE @07=>284=>AB59 @CAA:>3> ;8B5@0BC@=>3> O7K:0. #A;>28O DC=:F8>=8@>20=8O @073>2>@=>9 @5G8, @>;L 2=5O7K:>2KE D0:B>@>2. C;LBC@0 @5G8. A=>2=K5 =0?@02;5=8O A>25@H5=AB2>20=8O =02K:>2 3@0<>B=>3> ?8AL<0 8 3>2>@5=8O. !>F8>;>38O: @54KAB>@8O 8 A>F80;L=>-D8;>A>DA:85 ?@54?>AK;:8 A>F8>;>388 :0: =0C:8. !>F8>;>38G5A:89 ?@>5:B .>=B0. ;0AA8G5A:85 A>F8>;>38G5A:85 B5>@88. !>2@5<5==K5 A>F8>;>38G5A:85 B5>@88. CAA:0O A>F8>;>38G5A:0O <KA;L. 1I5AB2> 8 A>F80;L=K5 8=AB8BCBK. 8@>20O A8AB5<0 8 ?@>F5AAK 3;>10;870F88. !>F80;L=K5 3@C??K 8 >1I=>AB8. 84K >1I=>AB59. 1I=>ABL 8 ;8G=>ABL. 0;K5 3@C??K 8 :>;;5:B82K. !>F80;L=0O >@30=870F8O. !>F80;L=K5 42865=8O. !>F80;L=>5 =5@025=AB2>, AB@0B8D8:0F8O 8 A>F80;L=0O <>18;L=>ABL. >=OB85 A>F80;L=>3> AB0BCA0. !>F80;L=>5 2708<>459AB285 8 A>F80;L=K5 >B=>H5=8O. 1231I5AB25==>5 <=5=85 :0: 8=AB8BCB 3@0640=A:>3> >1I5AB20. C;LBC@0 :0: D0:B>@ A>F80;L=KE 87<5=5=89. 708<>459AB285 M:>=><8:8, A>F80;L=KE >B=>H5=89 8 :C;LBC@K. 8G=>ABL :0: A>F80;L=K9 B8?. !>F80;L=K9 :>=B@>;L 8 45280F8O. 8G=>ABL :0: 45OB5;L=K9 AC1J5:B. !>F80;L=K5 87<5=5=8O. !>F80;L=K5 @52>;NF88 8 @5D>@<K. >=F5?F8O A>F80;L=>3> ?@>3@5AA0. $>@<8@>20=85 !-.$.10 <8@>2>9 A8AB5<K. 5AB> >AA88 2 <8@>2>< A>>1I5AB25. 5B>4K A>F8>;>38G5A:>3> 8AA;54>20=8O. $8;>A>D8O: @54<5B D8;>A>D88. 5AB> 8 @>;L D8;>A>D88 2 :C;LBC@5. !B0=>2;5=85 D8;>A>D88. A=>2=K5 =0?@02;5=8O, H:>;K D8;>A>D88 8 MB0?K 55 8AB>@8G5A:>3> @0728B8O. !B@C:BC@0 D8;>A>DA:>3> 7=0=8O. #G5=85 > 1KB88. >=8AB8G5A:85 8 ?;N@0;8AB8G5A:85 :>=F5?F88 1KB8O, A0<>>@30=870F8O 1KB8O. >=OB8O <0B5@80;L=>3> 8 8450;L=>3>. @>AB@0=AB2>, 2@5<O. 2865=85 8 @0728B85, 480;5:B8:0. 5B5@<8=87< 8 8=45B5@<8=87<. 8=0<8G5A:85 8 AB0B8AB8G5A:85 70:>=><5@=>AB8. 0CG=K5, D8;>A>DA:85 8 @5;838>7=K5 :0@B8=K <8@0. '5;>25:, >1I5AB2>, :C;LBC@0. '5;>25: 8 ?@8@>40. 1I5AB2> 8 53> AB@C:BC@0. @0640=A:>5 >1I5AB2> 8 3>AC40@AB2>. '5;>25: 2 A8AB5<5 A>F80;L=KE A2O759. '5;>25: 8 8AB>@8G5A:89 ?@>F5AA; ;8G=>ABL 8 <0AAK, A2>1>40 8 =5>1E>48<>ABL. $>@<0F8>==0O 8 F828;870F8>==0O :>=F5?F88 >1I5AB25==>3> @0728B8O. !<KA; G5;>25G5A:>3> 1KB8O. 0A8;85 8 =5=0A8;85. !2>1>40 8 >B25BAB25==>ABL. >@0;L, A?@0254;82>ABL, ?@02>. @02AB25==K5 F5==>AB8. @54AB02;5=8O > A>25@H5==>< G5;>25:5 2 @07;8G=KE :C;LBC@0E. -AB5B8G5A:85 F5==>AB8 8 8E @>;L 2 G5;>25G5A:>9 687=8. 5;838>7=K5 F5==>AB8 8 A2>1>40 A>25AB8. !>7=0=85 8 ?>7=0=85. !>7=0=85, A0<>A>7=0=85 8 ;8G=>ABL. >7=0=85, B2>@G5AB2>, ?@0:B8:0. 5@0 8 7=0=85. >=8<0=85 8 >1JOA=5=85. 0F8>=0;L=>5 8 8@@0F8>=0;L=>5 2 ?>7=020B5;L=>9 45OB5;L=>AB8. @>1;5<0 8AB8=K. 59AB28B5;L=>ABL, <KH;5=85, ;>38:0 8 O7K:. 0CG=>5 8 2=5=0CG=>5 7=0=85. @8B5@88 =0CG=>AB8. !B@C:BC@0 =0CG=>3> ?>7=0=8O, 53> <5B>4K 8 D>@<K. >AB =0CG=>3> 7=0=8O. 0CG=K5 @52>;NF88 8 A<5=K B8?>2 @0F8>=0;L=>AB8. 0C:0 8 B5E=8:0. C4CI55 G5;>25G5AB20. ;>10;L=K5 ?@>1;5<K A>2@5<5=-123=>AB8. 708<>459AB285 F828;870F89 8 AF5=0@88 1C4CI53>. !-.$.11-:>=><8:0: 2545=85 2 M:>=><8G5A:CN B5>@8N. ;030. >B@51=>AB8, @5AC@AK. -:>=><8G5A:89 2K1>@. -:>=><8G5A:85 >B=>H5=8O. -:>=><8G5A:85 A8AB5<K. A=>2=K5 MB0?K @0728B8O M:>=><8G5A:>9 B5>@88. 5B>4K M:>=><8G5A:>9 B5>@88. 8:@>M:>=><8:0. K=>:. !?@>A 8 ?@54;>65=85. >B@51=>AB8 ?@54?>GB5=8O 8 ?@545;L=0O ?>;57=>ABL. $0:B>@K A?@>A0. =48284C0;L=K9 8 @K=>G=K9 A?@>A. -DD5:B 4>E>40 8 MDD5:B 70<5I5=8O. -;0AB8G=>ABL. @54;>65=85 8 53> D0:B>@K. 0:>= C1K20NI59 ?@545;L=>9 ?@>872>48B5;L=>AB8. -DD5:B <0AHB010. 84K 8745@65:. $8@<0. K@CG:0 8 ?@81K;L. @8=F8? <0:A8<870F88 ?@81K;8. @54;>65=85 A>25@H5==> :>=:C@5=B=>9 D8@<K 8 >B@0A;8. -DD5:B82=>ABL :>=:C@5=B=KE @K=:>2. K=>G=0O 2;0ABL. >=>?>;8O. >=>?>;8AB8G5A:0O :>=:C@5=F8O. ;83>?>;8O. =B8<>=>?>;L=>5 @53C;8@>20=85. !?@>A =0 D0:B>@K ?@>872>4AB20. K=>: B@C40. !?@>A 8 ?@54;>65=85 B@C40. 0@01>B=0O ?;0B0 8 70=OB>ABL. K=>: :0?8B0;0. @>F5=B=0O AB02:0 8 8=25AB8F88. K=>: 75<;8. 5=B0. 1I55 @02=>25A85 8 1;03>A>AB>O=85. 0A?@545;5=85 4>E>4>2. 5@025=AB2>. =5H=85 MDD5:BK 8 >1I5AB25==K5 1;030. >;L 3>AC40@AB20. 0:@>M:>=><8:0. 0F8>=0;L=0O M:>=><8:0 :0: F5;>5. @C3>>1>@>B 4>E>4>2 8 ?@>4C:B>2.  8 A?>A>1K 53> 87<5@5=8O. 0F8>=0;L=KE 4>E>4. 0A?>;0305<K9 ;8G=K9 4>E>4. =45:AK F5=. 57@01>B8F0 8 55 D>@<K. =D;OF8O 8 55 284K. -:>=><8G5A:85 F8:;K. 0:@>M:>=><8G5A:>5 @02=>25A85. !>2>:C?=K9 A?@>A 8 A>2>:C?=>5 ?@54;>65=85. !B018;870F8>==0O ?>;8B8:0. 02=>25A85 =0 B>20@=>< @K=:5. >B@51;5=85 8 A15@565=8O. =25AB8F88. >AC40@AB25==K5 @0AE>4K 8 =0;>38. -DD5:B <C;LB8?;8:0B>@0. N465B=>-=0;>3>20O ?>;8B8:0. 5=L38 8 8E DC=:F88. 02=>25A85 =0 45=56=>< @K=:5. 5=56=K9 <C;LB8?;8:0B>@. 0=:>2A:0O A8AB5<0. 5=56=>-:@548B=0O ?>;8B8:0. -:>=><8G5A:89 @>AB 8 @0728B85. 564C=0@>4=K5 M:>=><8G5A:85 >B=>H5=8O. =5H=OO B>@3>2;O 8 B>@3>20O ?>;8B8:0. ;0B56=K9 10;0=A. 0;NB=K9 :C@A. A>15==>AB8 ?5@5E>4=>9 M:>=><8:8 >AA88. @820B870F8O. $>@<K A>1AB25==>AB8. @54?@8=8<0B5;LAB2>. "5=520O M:>=><8:0. K=>: B@C40. 0A?@545;5=85 8 4>E>4K. @5>1@07>20=8O 2 A>F80;L=>9 A5. !B@C:BC@=K5 A42838 2 M:>=><8:5. $>@<8@>20=85 >B:@KB>9 M:>=><8:8.123!-. .000F8>=0;L=>-@538>=0;L=K9 (2C7>2A:89) :><?>=5=B270!-..008AF8?;8=K 8 :C@AK ?> 2K1>@C ABC45=B0, CAB0=02;8205<K5 2C7>< 270  1I85 <0B5<0B8G5A:85 8 5AB5AB25==>=0CG=K5 48AF8?;8=K 2100 .$.00 $545@0;L=K9 :><?>=5=B 1710 .$.01 0B5<0B8:0: 600 0;351@0 (>A=>2=K5 0;351@08G5A:85 AB@C:BC@K, 25:B>@=K5 ?@>AB@0=AB20 8 ;8=59=K5 >B>1@065=8O, 1C;52K 0;351@K); 35><5B@8O (0=0;8B8G5A:0O 35><5B@8O, <=>3><5@=0O 52:;84>20 35><5B@8O, 48DD5@5=F80;L=0O 35><5B@8O :@82KE 8 ?>25@E=>AB59, M;5<5=BK B>?>;>389); 48A:@5B=0O <0B5<0B8:0 (;>38G5A:85 8AG8A;5=8O, 3@0DK, B5>@8O 0;3>@8B<>2, O7K:8 8 3@0<<0B8:8, 02B><0BK, :><18=0B>@8:0); <0B5<0B8G5A:89 0=0;87 (48DD5@5=F80;L=>5 8 8=B53@0;L=>5 8AG8A;5=8O, M;5<5=BK B5>@88 DC=:F89 8 DC=:F8>=0;L=>3> 0=0;870, B5>@8O DC=:F89 :><?;5:A=>3> ?5@5<5==>3>, 48DD5@5=F80;L=K5 C@02=5=8O); 25@>OB=>ABL 8 AB0B8AB8:0 (M;5<5=B0@=0O B5>@8O 25@>OB=>AB59, <0B5<0B8G5A:85 >A=>2K B5>@88 25@>OB=>AB59, <>45;8 A;CG09=KE ?@>F5AA>2, ?@>25@:0 38?>B57, ?@8=F8? <0:A8<0;L=>3> ?@024>?>4>18O, AB0B8AB8G5A:85 <5B>4K >1@01>B:8 M:A?5@8<5=B0;L=KE 40==KE); <0B5<0B8G5A:85 <5B>4K 2 B5:AB8;L=>9 B5E=>;>388. .$.02 =D>@<0B8:0: 200 ?>=OB85 8=D>@<0F88; >1I0O E0@0:B5@8AB8:0 ?@>F5AA>2 A1>@0, ?5@540G8, >1@01>B:8 8 =0:>?;5=8O 8=D>@<0F88; B5E=8G5A:85 8 ?@>3@0<<=K5 A@54AB20 @50;870F88 8=D>@<0F8>==KE ?@>F5AA>2; <>45;8 @5H5=8O DC=:F8>=0;L=KE 8 2KG8A;8B5;L=KE 7040G; 0;3>@8B<870F8O 8 ?@>3@0<<8@>20=85; O7K:8 ?@>3@0<<8@>20=8O 2KA>:>3> C@>2=O; 107K 40==KE; ?@>3@0<<=>5 >15A?5G5=85 8 B5E=>;>38O ?@>3@0<<8@>20=8O; :><?LNB5@=0O 3@0D8:0; ;>:0;L=K5 A5B8 8 8E 8A?>;L7>20=85 2 @5H5=88 ?@8:;04=KE 7040G >1@01>B:8 40==KE; 2>?@>AK 70I8BK 8=D>@<0F88. .$.03 $878:0: 460 D878G5A:85 >A=>2K <5E0=8:8 (?>=OB85 A>AB>O=8O 2 :;0AA8G5A:>9 <5E0=8:5, C@02=5=8O 42865=8O, 70:>=K A>E@0=5=8O, >A=>2K @5;OB828ABA:>9 <5E0=8:8, ?@8=F8? >B=>A8B5;L=>AB8 2 <5E0=8:5, :8=5<0B8:0 8 48=0<8:0 B25@4>3> B5;0, 684:>AB59 8 307>2); M;5:B@8G5AB2> 8 <03=5B87< (M;5:B@>AB0B8:0 8 <03=8B>AB0B8:0 2 20:CC<5 8 25I5AB25, C@02=5=8O 0:A25;;0 2 8=B53@0;L=>9 8 48DD5@5=F80;L=>9 D>@<5, <0B5@80;L=K5 C@02=5- 123=8O, :2078AB0F8>=0@=K5 B>:8, ?@8=F8? >B=>A8B5;L=>AB8 2 M;5:B@>48=0<8:5); D878:0 :>;510=89 8 2>;= (30@<>=8G5A:89 8 0=30@<>=8G5A:89 >AF8;;OB>@, D878G5A:89 A<KA; A?5:B@0;L=>3> @07;>65=8O, :8=5<0B8:0 2>;=>2KE ?@>F5AA>2, =>@<0;L=K5 <>4K, 8=B5@D5@5=F8O 8 48D@0:F8O 2>;=, M;5<5=BK $C@L5->?B8:8); :20=B>20O D878:0 (:>@?CA:C;O@=>-2>;=>2>9 4C0;87<, ?@8=F8? =5>?@545;5==>AB8, :20=B>2K5 A>AB>O=8O, ?@8=F8? AC?5@?>78F88, :20=B>2K5 C@02=5=8O 42865=8O, >?5@0B>@K D878G5A:8E 25;8G8=, M=5@35B8G5A:89 A?5:B@ 0B><>2 8 <>;5:C;, ?@8@>40 E8<8G5A:>9 A2O78); AB0B8AB8G5A:0O D878:0 8 B5@<>48=0<8:0 (B@8 =0G0;0 B5@<>48=0<8:8, B5@<>48=0<8G5A:85 DC=:F88 A>AB>O=8O, D07>2K5 @02=>25A8O 8 D07>2K5 ?@52@0I5=8O, M;5<5=BK =5@02=>25A=>9 B5@<>48=0<8:8, :;0AA8G5A:0O 8 :20=B>20O AB0B8AB8:8, :8=5B8G5A:85 O2;5=8O, A8AB5<K 70@O65==KE G0AB8F, :>=45=A8@>20==>5 A>AB>O=85), D878G5A:89 ?@0:B8:C<. .$.04 %8<8O: 250 E8<8G5A:85 A8AB5<K (@0AB2>@K, 48A?5@A=K5 A8AB5<K, M;5:B@>E8<8G5A:85 A8AB5<K, :0B0;870B>@K 8 :0B0;8B8G5A:85 A8AB5<K, ?>;8<5@K, >;83><5@K 8 8E A8=B57); E8<8G5A:0O B5@<>48=0<8:0 8 :8=5B8:0 (M=5@35B8:0 E8<8G5A:8E ?@>F5AA>2, E8<8G5A:>5 8 D07>2>5 @02=>25A85, A:>@>ABL @50:F88 8 <5B>4K 55 @53C;8@>20=8O, :>;510B5;L=K5 @50:F88); @50:F8>==0O A?>A>1=>ABL 25I5AB2 (E8<8O 8 ?5@8>48G5A:0O A8AB5<0 M;5<5=B>2, :8A;>B=>->A=>2=K5 8 >:8A;8B5;L=>-2>AAB0=>28B5;L=K5 A2>9AB20 25I5AB2, E8<8G5A:0O A2O7L, :><?;5<5=B0@=>ABL); M;5<5=BK >@30=8G5A:>9 E8<88 8 E8<88 :@0A8B5;59, E8<8G5A:89 ?@0:B8:C<. .$.05 "5>@5B8G5A:0O <5E0=8:0: 100 :8=5<0B8:0; ?>=OB85 >1 01A>;NB=> B25@4>< B5;5; >1I89 A;CG09 42865=8O A2>1>4=>3> B25@4>3> B5;0; 01A>;NB=>5 8 >B=>A8B5;L=>5 42865=85 B>G:8; A;>6=>5 42865=85 B25@4>3> B5;0; 48=0<8:0 8 M;5<5=BK AB0B8:8; ?@54<5B 48=0<8:8 8 AB0B8:8; 7040G8 48=0<8:8; <5E0=8G5A:0O A8AB5<0; ?>=OB85 > A8;>2>< ?>;5; A8AB5<0 A8;; 0=0;8B8G5A:85 CA;>28O @02=>25A8O ?@>872>;L=>9 A8AB5<K A8;; F5=B@ BO65AB8 B25@4>3> B5;0 8 53> :>>@48=0BK; ?@8=F8? 0;0<15@0 4;O <0B5@80;L=>9 B>G:8; 48DD5@5=F80;L=K5 C@02=5=8O ?>ABC?0B5;L=>3> 42865=8O B25@4>3> B5;0; >?@545;5=85 48=0<8G5A:8E @50:F89 ?>4H8?=8:>2 ?@8 2@0I5=88 B25@4>3> B5;0 2>:@C3 =5?>4286=>9 >A8; 42865=85 B25@4>3> B5;0 2>:@C3 =5?>4286=>9 B>G:8; M;5<5=B0@=0O B5>@8O 38@>A:>?0; A2O78 8 8E C@02=5=8O; ?@8=F8? 2>7<>6=KE ?5@5<5I5=89; >1>1I5==K5 :>>@48=0BK A8AB5<K; 48DD5@5=F80;L=K5 C@02=5- 123=8O 42865=8O <5E0=8G5A:>9 A8AB5<K 2 >1>1I5==KE :>>@48=0B0E 8;8 C@02=5=8O 03@0=60 2B>@>3> @>40; ?@8=F8? 0<8;LB>=0-AB@>3@04A:>3>; ?>=OB85 >1 CAB>9G82>AB8 @02=>25A8O; <0;K5 A2>1>4=K5 :>;510=8O <5E0=8G5A:>9 A8AB5<K A 42C<O (8;8 n) AB5?5=O<8 A2>1>4K 8 8E A2>9AB20, A>1AB25==K5 G0AB>BK 8 :>MDD8F85=BK D>@<K; O2;5=85 C40@0, B5>@5<0 >1 87<5=5=88 :8=5B8G5A:>3> <><5=B0 <5E0=8G5A:>9 A8AB5<K ?@8 C40@5. .$.06 -:>;>38O: 100 18>AD5@0 8 G5;>25: (AB@C:BC@0 18>AD5@K; M:>A8AB5<K; 2708<>>B=>H5=8O >@30=87<0 8 A@54K; M:>;>38O 8 74>@>2L5 G5;>25:0; 3;>10;L=K5 ?@>1;5<K >:@C60NI59 A@54K; M:>;>38G5A:85 ?@8=F8?K @0F8>=0;L=>3> 8A?>;L7>20=8O ?@8@>4=KE @5AC@A>2 8 >E@0=K ?@8@>4K; >A=>2K M:>=><8:8 ?@8@>4>?>;L7>20=8O; M:>70I8B=0O B5E=8:0 8 B5E=>;>388; >A=>2K M:>;>38G5A:>3> ?@020, ?@>D5AA8>=0;L=0O >B25BAB25==>ABL; <564C=0@>4=>5 A>B@C4=8G5AB2> 2 >1;0AB8 >:@C60NI59 A@54K). . .00 0F8>=0;L=>-@538>=0;L=K9 (2C7>2A:89) :><?>=5=B 200 ..00 8AF8?;8=K 8 :C@AK ?> 2K1>@C ABC45=B0, CAB0=02;8205<K5 2C7>< 190  1I5?@>D5AA8>=0;L=K5 48AF8?;8=K 1740 .$.00 $545@0;L=K9 :><?>=5=B 1460 .$.01 0G5@B0B5;L=0O 35><5B@8O. =65=5@=0O 3@0D8:0 200 .$.01.01 0G5@B0B5;L=0O 35><5B@8O: 22545=85; ?@54<5B =0G5@B0B5;L=>9 35><5B@88; 7040=85 B>G:8, ?@O<>9, ?;>A:>AB8 8 <=>3>3@0==8:>2 =0 :><?;5:A=>< G5@B565 >=60; ?>78F8>==K5 7040G8; <5B@8G5A:85 7040G8; A?>A>1K ?@5>1@07>20=8O G5@B560; <=>3>3@0==8:8; :@82K5 ;8=88; ?>25@E=>AB8; ?>25@E=>AB8 2@0I5=8O; ;8=59G0BK5 ?>25@E=>AB8; 28=B>2K5 ?>25@E=>AB8; F8:;8G5A:85 ?>25@E=>AB8; >1>1I5==K5 ?>78F8>==K5 7040G8; <5B@8G5A:85 7040G8; ?>AB@>5=85 @0725@B>: ?>25@E=>AB59; :0A0B5;L=K5 ;8=88 8 ?;>A:>AB8 : ?>25@E=>AB8; 0:A>=><5B@8G5A:85 ?@>5:F88. .$.01.02 =65=5@=0O 3@0D8:0: :>=AB@C:B>@A:0O 4>:C<5=B0F8O; >D>@<;5=85 G5@B5659; M;5<5=BK 35><5B@88 45B0;59; 87>1@065=8O, =04?8A8, >1>7=0G5=8O; 0:A>=><5B@8G5A:85 ?@>5:F88 45B0;59; 87>1@065=8O 8 123>1>7=0G5=8O M;5<5=B>2 45B0;59; 87>1@065=85 8 >1>7=0G5=85 @57L1K; @01>G85 G5@B568 45B0;59; 2K?>;=5=85 MA:87>2 45B0;59 <0H8=; 87>1@065=8O A1>@>G=KE 548=8F; A1>@>G=K9 G5@B56 8745;89. .$.02 5E0=8:0 410 .$.02.01 "5>@8O <5E0=87<>2 8 <0H8=: 140 >A=>2=K5 ?>=OB8O B5>@88 <5E0=87<>2 8 <0H8=; >A=>2=K5 284K <5E0=87<>2; AB@C:BC@=K9 0=0;87 8 A8=B57 <5E0=87<>2; :8=5<0B8G5A:89 0=0;87 8 A8=B57 <5E0=87<>2; :8=5B>AB0B8G5A:89 0=0;87 <5E0=87<>2; 48=0<8G5A:89 0=0;87 8 A8=B57 <5E0=87<>2; :>;510=8O 2 <5E0=87<0E; ;8=59=K5 C@02=5=8O 2 <5E0=87<0E; =5;8=59=K5 C@02=5=8O 42865=8O 2 <5E0=87<0E; :>;510=8O 2 @KG06=KE 8 :C;0G:>2KE <5E0=87<0E; 281@0F8>==K5 B@0=A?>@B5@K; 281@0F8O; 48=0<8G5A:>5 30H5=85 :>;510=89; 48=0<8:0 ?@82>4>2; M;5:B@>?@82>4 <5E0=87<>2; 384@>?@82>4 <5E0=87<>2; ?=52<>?@82>4 <5E0=87<>2; 2K1>@ B8?0 ?@82>4>2; A8=B57 @KG06=KE <5E0=87<>2; <5B>4K >?B8<870F88 2 A8=B575 <5E0=87<>2 A ?@8<5=5=85< -; A8=B57 <5E0=87<>2 ?> <5B>4C ?@81;865=8O DC=:F89; A8=B57 ?5@540B>G=KE <5E0=87<>2; A8=B57 ?> ?>;>65=8O< 725=L52; A8=B57 =0?@02;ONI8E <5E0=87<>2. .$.02.02 !>?@>B82;5=85 <0B5@80;>2: 200 >A=>2=K5 ?>=OB8O; <5B>4 A5G5=89; F5=B@0;L=>5 @0ABO65=85-A60B85; A4283; 35><5B@8G5A:85 E0@0:B5@8AB8:8 A5G5=89; ?@O<>9 ?>?5@5G=K9 87381; :@CG5=85; :>A>9 87381, 2=5F5=B@5==>5 @0ABO65=85-A60B85; M;5<5=BK @0F8>=0;L=>3> ?@>5:B8@>20=8O ?@>AB59H8E A8AB5<; @0AG5B AB0B8G5A:8 >?@545;8<KE AB5@6=52KE A8AB5<; <5B>4 A8;, @0AG5B AB0B8G5A:8 =5>?@545;8<KE AB5@6=52KE A8AB5<; 0=0;87 =0?@O65==>3> 8 45D>@<8@>20==>3> A>AB>O=8O 2 B>G:5 B5;0; A;>6=>5 A>?@>B82;5=85, @0AG5B ?> B5>@8O< ?@>G=>AB8, @0AG5B 157<><5=B=KE >1>;>G5: 2@0I5=8O; CAB>9G82>ABL AB5@6=59; ?@>4>;L=>-?>?5@5G=K9 87381; @0AG5B 4286CI8EAO A CA:>@5=85< M;5<5=B>2 :>=AB@C:F89; C40@; CAB0;>ABL; @0AG5B ?> =5ACI59 A?>A>1=>AB8. .$.02.03 "5?;>B5E=8:0: 70 ?@54<5B B5?;>B5E=8:8; A2O7L A 4@C38<8 >B@0A;O<8 7=0=89; >A=>2=K5 ?>=OB8O 8 >?@545;5=8O; B5@<>48=0<8:0 A<5A8 @01>G8E B5;, B5?;>5<:>ABL, 70:>=K B5@<>48=0<8:8, B5@<>48=0<8G5A:85 ?@>F5AAK 8 F8:;K, @50;L=K5 307K 8 ?0@K, B5@<>48=0<8:0 ?>- 123B>:>2, B5@<>48=0<8G5A:89 0=0;87 B5?;>B5E=8G5A:8E CAB@>9AB2, D07>2K5 ?5@5E>4K, E8<8G5A:0O B5@<>48=0<8:0; B5>@8O B5?;>>1<5=0: B5?;>?@>2>4=>ABL, :>=25:F8O, 87;CG5=85, B5?;>?5@540G0, 8=B5=A8D8:0F8O B5?;>>1<5=0; >A=>2K <0AA>>1<5=0; B5?;><0AA>>1<5==K5 CAB@>9AB20; ?@8<5=5=85 B5?;>BK 2 >B@0A;8; >E@0=0 >:@C60NI59 A@54K; >A=>2=K5 =0?@02;5=8O M:>=><88 M=5@3>@5AC@A>2. .$.03 0B5@80;>2545=85. "5E=>;>38O :>=AB@C:F8>==KE <0B5@80;>2 100 .$.03.01 0B5@80;>2545=85: AB@>5=85 <5B0;;>2, 48DDC78>==K5 ?@>F5AAK 2 <5B0;;5, D>@<8@>20=85 AB@C:BC@K <5B0;;>2 8 A?;02>2 ?@8 :@8AB0;;870F88, ?;0AB8G5A:0O 45D>@<0F8O, 2;8O=85 =03@520 =0 AB@C:BC@C 8 A2>9AB20 45D>@<8@>20==>3> <5B0;;0, <5E0=8G5A:85 A2>9AB20 <5B0;;>2 8 A?;02>2; :>=AB@C:F8>==K5 <5B0;;K 8 A?;02K; B5>@8O 8 B5E=>;>38O B5@<8G5A:>9 >1@01>B:8 AB0;8; ?;0AB<0AAK. .$.03.02 "5E=>;>38O :>=AB@C:F8>==KE <0B5@80;>2: 22545=85; B5>@5B8G5A:85 8 B5E=>;>38G5A:85 >A=>2K ?@>872>4AB20 <0B5@80;>2; <0B5@80;K, ?@8<5=O5<K5 2 <0H8=>AB@>5=88 8 ?@81>@>AB@>5=88; >A=>2K <5B0;;C@38G5A:>3> ?@>872>4AB20; >A=>2K ?>@>H:>2>9 <5B0;;C@388; =0?K;5=85 <0B5@80;>2; :;0AA8D8:0F8O A?>A>1>2 ?>;CG5=8O 703>B>2>:; ?@>872>4AB2> 703>B>2>: A?>A>1>< ;8BLO; ?@>872>4AB2> =5@07J5<=KE A>548=5=89; A20@>G=>5 ?@>872>4AB2>; ?09:0 <0B5@80;>2; ?>;CG5=85 =5@07J5<=KE A>548=5=89 A:;5820=85<; 873>B>2;5=85 ?>;CD01@8:0B>2 8 45B0;59 87 :><?>78F8>==KE <0B5@80;>2; D>@<>>1@07>20=85 ?>25@E=>AB59 45B0;59 @570=85<, M;5:B@>D878G5A:8<8 8 M;5:B@>E8<8G5A:8<8 A?>A>10<8 >1@01>B:8; >1@01>B:0 ?>25@E=>AB59 45B0;59 01@0782=K< 8=AB@C<5=B><. .$.04 -;5:B@>B5E=8:0 8 M;5:B@>=8:0: 110 >1I0O M;5:B@>B5E=8:0 8 M;5:B@>=8:0: 22545=85; M;5:B@8G5A:85 8 <03=8B=K5 F5?8; >A=>2=K5 >?@545;5=8O, B>?>;>38G5A:85 ?0@0<5B@K 8 <5B>4K @0AG5B0 M;5:B@8G5A:8E F5?59; 0=0;87 8 @0AG5B ;8=59=KE F5?59 ?5@5<5==>3> B>:0; 0=0;87 8 @0AG5B M;5:B@8G5A:8E F5?59 A =5;8=59=K<8 M;5<5=B0<8; 0=0;87 8 @0AG5B <03=8B=KE F5?59; M;5:B@><03=8B=K5 CAB@>9AB20 8 M;5:B@8G5A:85 <0H8=K; M;5:B@><03=8B=K5 CAB@>9AB20; B@0=AD>@<0B>@K; <0H8=K ?>AB>O==>3> B>:0 ("); 0A8=E@>==K5 <0H8=K; A8=E@>==K5 <0H8=K; >A=>2K M;5:B@>=8:8 8 M;5:B@8G5A:85 87<5@5=8O; M;5<5=B=0O 1070 A>2@5<5==KE M;5:B@>==KE CAB@>9AB2; 1238AB>G=8:8 2B>@8G=>3> M;5:B@>?8B0=8O; CA8;8B5;8 M;5:B@8G5A:8E A83=0;>2; 8<?C;LA=K5 8 02B>35=5@0B>@=K5 CAB@>9AB20; >A=>2K F8D@>2>9 M;5:B@>=8:8; <8:@>?@>F5AA>@=K5 A@54AB20; M;5:B@8G5A:85 87<5@5=8O 8 ?@81>@K. .$.05 5B@>;>38O, AB0=40@B870F8O 8 A5@B8D8:0F8O: 100 B5>@5B8G5A:85 >A=>2K <5B@>;>388; >A=>2=K5 ?>=OB8O, A2O70==K5 A >1J5:B0<8 87<5@5=8O: A2>9AB2>, 25;8G8=0, :>;8G5AB25==K5 8 :0G5AB25==K5 ?@>O2;5=8O A2>9AB2 >1J5:B>2 <0B5@80;L=>3> <8@0; >A=>2=K5 ?>=OB8O, A2O70==K5 A> A@54AB20<8 87<5@5=89 (!); 70:>=><5@=>AB8 D>@<8@>20=8O @57C;LB0B0 87<5@5=8O, ?>=OB85 ?>3@5H=>AB8, 8AB>G=8:8 ?>3@5H=>AB59; ?>=OB85 <=>3>:@0B=>3> 87<5@5=8O; 0;3>@8B<K >1@01>B:8 <=>3>:@0B=KE 87<5@5=89; ?>=OB85 <5B@>;>38G5A:>3> >15A?5G5=8O; >@30=870F8>==K5, =0CG=K5 8 <5B>48G5A:85 >A=>2K <5B@>;>38G5A:>3> >15A?5G5=8O; ?@02>2K5 >A=>2K >15A?5G5=8O 548=AB20 87<5@5=89; >A=>2=K5 ?>;>65=8O 70:>=0 >AA89A:>9 $545@0F88 >1 >15A?5G5=88 548=AB20 87<5@5=89; AB@C:BC@0 8 DC=:F88 <5B@>;>38G5A:>9 A;C61K ?@54?@8OB8O (>@30=870F88, CG@5645=8O), O2;ONI53>AO N@848G5A:8< ;8F><; 8AB>@8G5A:85 >A=>2K @0728B8O AB0=40@B870F88 8 A5@B8D8:0F88; A5@B8D8:0F8O, 55 @>;L 2 ?>2KH5=88 :0G5AB20 ?@>4C:F88 8 @0728B85 =0 <564C=0@>4=><, @538>=0;L=>< 8 =0F8>=0;L=>< C@>2=OE; ?@02>2K5 >A=>2K AB0=40@B870F88; <564C=0@>4=0O >@30=870F8O ?> AB0=40@B870F88 (!); >A=>2=K5 ?>;>65=8O 3>AC40@AB25==>9 A8AB5<K AB0=40@B870F88 (!!); =0CG=0O 1070 AB0=40@B870F88; >?@545;5=85 >?B8<0;L=>3> C@>2=O C=8D8:0F88 8 AB0=40@B870F88; 3>AC40@AB25==K9 :>=B@>;L 8 =047>@ 70 A>1;N45=85< B@51>20=89 3>AC40@AB25==KE AB0=40@B>2; >A=>2=K5 F5;8 8 >1J5:BK A5@B8D8:0F88; B5@<8=K 8 >?@545;5=8O 2 >1;0AB8 A5@B8D8:0F88; :0G5AB2> ?@>4C:F88 8 70I8B0 ?>B@518B5;O; AE5<K 8 A8AB5<K A5@B8D8:0F88; ?@028;0 8 ?>@O4>: ?@>2545=8O A5@B8D8:0F88; >@30=K ?> A5@B8D8:0F88 8 8A?KB0B5;L=K5 ;01>@0B>@88; 0::@548B0F8O >@30=>2 ?> A5@B8D8:0F88 8 8A?KB0B5;L=KE (87<5@8B5;L=KE) ;01>@0B>@89; A5@B8D8:0F8O CA;C3; A5@B8D8:0F8O A8AB5< :0G5AB20. .$.06 57>?0A=>ABL 687=545OB5;L=>AB8: 120 G5;>25: 8 A@540 >18B0=8O; E0@0:B5@=K5 A>AB>O=8O A8AB5<K  G5;>25: - A@540 >18B0=8O ; >A=>2K D878>;>388 B@C40 8 :><D>@B=K5 CA;>28O 687=545OB5;L=>AB8 2 B5E=>AD5@5; :@8B5@88 :><D>@B=>AB8; =530B82=K5 D0:B>@K B5E=>AD5@K, 8E 2>7459AB285 =0 G5;>25:0, B5E=>AD5@C 8 ?@8@>4=CN A@54C; :@8B5@88 123157>?0A=>AB8; >?0A=>AB8 B5E=8G5A:8E A8AB5<: >B:07, 25@>OB- =>ABL >B:070, :0G5AB25==K9 8 :>;8G5AB25==K9 0=0;87 >?0A=>AB59; A@54AB20 A=865=8O B@02<>>?0A=>AB8 8 2@54=>3> 2>7459AB28O B5E=8G5A:8E A8AB5<; 157>?0A=>ABL DC=:F8>=8@>20=8O 02B><0B878@>20==KE 8 @>1>B878@>20==KE ?@>872>4AB2; 157>?0A=>ABL 2 G@572KG09=KE A8BC0F8OE; C?@02;5=85 157>?0A=>ABLN 687=545OB5;L=>AB8; ?@02>2K5 8 =>@<0B82=>-B5E=8G5A:85 >A=>2K C?@02;5=8O; A8AB5<K :>=B@>;O B@51>20=89 157>?0A=>AB8 8 M:>;>38G=>AB8; ?@>D5AA8>=0;L=K9 >B1>@ >?5@0B>@>2 B5E=8G5A:8E A8AB5<; M:>=><8G5A:85 ?>A;54AB28O 8 <0B5@80;L=K5 70B@0BK =0 >15A?5G5=85 157>?0A=>AB8 687=545OB5;L=>AB8; <564C=0@>4=>5 A>B@C4=8G5AB2> 2 >1;0AB8 157>?0A=>AB8 687=545OB5;L=>AB8. (@8<5G0=85. ><8<> >A=>2=>3> :C@A0 2>?@>AK 157>?0A=>AB8 687=545OB5;L- =>AB8 4>;6=K 87CG0BLAO 2 48AF8?;8=0E A?5F80;870F88 8 2> 2@5<O ?@>872>4AB25==KE ?@0:B8:) . $.07 -:>=><8:0 ?@><KH;5==>AB8: 90 M:>=><8G5A:85 >A=>2K ?@>872>4AB20 8 @5AC@AK ?@54?@8OB89 (>A=>2=K5 D>=4K, >1>@>B=K5 A@54AB20, ?5@A>=0;, ?@>872>48B5;L=>ABL B@C40 8 >@30=870F8O >?;0BK B@C40, 0AA>@B8<5=B 8 :0G5AB2> ?@>4C:F88, ?;0=8@>20=85 70B@0B, @5=B015;L=>ABL, M:>=><8G5A:0O MDD5:B82=>ABL =>2>9 B5E=8:8 8 :0?8B0;L=KE 2;>65=89, D8=0=A8@>20=85 8==>20F8>==>9 45OB5;L=>AB8, D>@<K >@30=870F88 ?@><KH;5==>3> ?@>872>4AB20, D8=0=A>2K5 >B=>H5=8O, =0;>3>>1;>65=85). . $.08 5=546<5=B 8 <0@:5B8=3: 120 ?@8=F8?K 8 <5B>4K <5=546<5=B0; DC=:F88 C?@02;5=8O (AB@0B538G5A:>5 ?;0=8@>20=85, ?>AB@>5=85 >@30=870F88, <>B820F8O 8 :>=B@>;L); A>F80;L=>-?A8E>;>38G5A:85 >A=>2K <5=546<5=B0 (B8?K 2;0AB8 8 2;8O=8O, AB8;8 @C:>2>4AB20, C?@02;5=85 :>=D;8:B0<8); B5E=>;>38O @07@01>B:8 8 ?@8=OB8O C?@02;5=G5A:8E @5H5=89; @>;L <0@:5B8=30 2 C?@02;5=88 D8@<>9; ?@8=F8?K 8 7040G8 <0@:5B8=3>2>9 45OB5;L=>AB8; 8=D>@<0F8>==0O 1070 <0@:5B8=30; :><?;5:A=>5 8AA;54>20=85 @K=:0; A53<5=B0F8O @K=:0; :>=:C@5=B>A?>A>1=>ABL ?@>4C:F88; <5B>4K F5=>>1@07>20=8O; D>@<8@>20=85 B>20@=>9 ?>;8B8:8 8 @K=>G=>9 AB@0B5388; D>@<8@>20=85 A?@>A0 8 AB8<C;8@>20=85 A1KB0; >@30=870F8O 45OB5;L=>AB8 <0@:5B8=3>2>9 A;C61K. . $. 09 "5:AB8;L=>5 <0B5@80;>2545=85: 120 >1I85 A2545=8O > B5:AB8;L=KE <0B5@80;0E 8 8E :;0AA8D8:0F8O; =0BC@0;L=K5 2>;>:^ B R h  f < > n t v HJXhv.046H68@ $HL hSF|NHhSF|CJNH hSF|5NHhSF|CJmH sH  hSF|5CJ,hSF|hSF|5CJhSF|hSF|CJ hSF|5CJ hSF|hSF|hSF| hSF|CJ hSF|5B^`bdhj B f h #$ 3P 00!^a$" ;`Pp 00!1$'$ ;@ P`Pp 00!]a$ h   f > @ n b][$a$'$ ;`Pp 00!1$a$'$ ;`Pp 00!1$a$%$ ;`Pp 00!1$a$( ;`Pp 00!1$^ R x  @` 1$ @` 1$^$ @` 1$a$$ h@` h1$^h`a$'$ ;`Pp 00!1$a$XL8DF@  @` p p1$ @` 01$^`0 @` 1$ `p 1$ `3p 31$^3`$a$ $,.02v B!!\"4#$%D&&t(2)&^$ @` 1$a$$ `p 1$a$$ `p p1$Lhj!!B!!!^%`%&&''P(R())****++,,--....V/X///00R1T112p235 57777486888F9H999;;=="===Z>\>>?@??@@&@(@DAAAfBhBpBCC(D hSF|NHhSF|CJNHhSF|hSF|hSF|CJ hSF|CJX2))+B+,.00111p23|4R5678: ;;"==$ @` 1$^a$ @` 1$$ @` 1$a$=>?f@DApB8DEFGG8HLJJjKy$ `p 1$a$ `p 1$$ `p  !$ 9r a$$ @` 1$a$ $$ '`P 00!da$ $ p1$a$$a$(D*DDD^E`EJFLFTFVF,G.GGxIzIII4J6JLJPJJ8K:KjKKK M"MMMMMLNNNNNNN6O8OOOO0Q2QQQRRRTT^U`UUUTWVWbWWW`XbXX Z"ZZZH[J[[[\>]]]]hSF|5CJNHhSF|hSF|5CJ hSF|5CJ hSF|NHhSF|mH sH hSF| hSF|CJhSF|CJNHNjKMN:O$If $$Ifa$ 0p 1$ 0p  1$^ `kd$$IflF!%0    4 lal____"`abc&dwfYYYH$T$If^`Ta$ $T$If`Ta$ @` $1$If $$Ifa$[kdZ$$IfFFU"6&BYB    4 Fa#$ (`Pp 00!d$1$If&d4d6d:d>dBdyh$$ $1$Ifa$$ @` $1$Ifa$ $$Ifa$[kd$$IfFFU"6&BYB    4 Fa $ $1$IfBdDdFdd(f@ggijk~lyh$T$If^`Ta$ @` T$1$If`T $T$If`Ta$ $$Ifa$[kd`$$IfFFU"6&BYB    4 Fa ~llllllnopqqHrPr|viiiii| $T$If`Ta$$If $$Ifa$[kd$$IfFFU"6&BYB    4 Fa $ $1$If @` $1$If PrRrVrZr^r`rrr@[kd$$IfFFU"6&BYB    4 Fa $$Ifa$[kdt$$IfFFU"6&BYB    4 Farrrt.yzzzz{~2{[kd$$IfFFU"6&BYB    4 Fa $$Ifa$ $$If`a$ $T$If`Ta$$If Jttttttt^u`uuu8v:vvvw wwwNxPxRxTxVxZxxxxxxxyyzzzzzz~~4~6~8~:~~~~~~~Z\,."$RV ڃ܃$&"$6hSF|CJmH sH  jIhSF|CJ jChSF|CJhSF|hSF|CJhSF|CJNH hSF|CJQ@[kd$$IfFFU"6&BYB    4 Fa $$Ifa$[kd $$IfFFU"6&BYB    4 Fa"·܈.VXZ[kd$$IfFFU"6&BYB    4 Fa $$Ifa$ $$If`a$ $T$If`Ta$68"$JLԎ֎68АҐ:<0prFHԕ֕prΘИ<>Țʚ Z\fh|~РҠ><>*,>@68fh"$hSF|CJmH sH  hSF|NHhSF|hSF|hSF|CJ hSF|CJhSF|CJNHTZ\nF $T$If`Ta$ $$Ifa$ $$Ifa$[kd$$IfFFU"6&BYB    4 Fa $(,.0@[kd$$IfFFU"6&BYB    4 Fa $$Ifa$[kd%$$IfFFU"6&BYB    4 Fa0̔zwq$If[kd9$$IfFFU"6&BYB    4 Fa $$Ifa$ $$Ifa$ $T$If`Ta$ $ $1$If ^`bdژؚL|~{{$If $T$If`Ta$[kd$$IfFFU"6&BYB    4 Fa $$Ifa$ $$If`a$~{ $T$If`Ta$mkd? $$IfF!\U"6&x+BYB4 Fa $$Ifa$ğ"rZ>^68$If $T$If`Ta$ $$Ifa$[kd $$IfFFU"6&BYB    4 Fa 8:<>@BDFHJLNPRTVXZ\ $$Ifa$[kdh $$IfFFU"6&BYB    4 Fa\^`bt&ܥΦvVvxtv$If $T$If`Ta$ $$Ifa$jlrtvx vxxʰPRdfԲֲz|RT24·Z\RTPR vx޾HJ "npbd<>LNzhSF|CJmH sH hSF|hSF|hSF|CJ hSF|CJhSF|CJNHVvx|3[kdn $$IfFFU"6&BYB    4 Fa $T$If`Ta$ $$Ifa$[kd $$IfFFU"6&BYB    4 FaƯ(HxʰNPRTV~[kd $$IfFFU"6&BYB    4 Fa T$If`T)$If $T$If`Ta$ $$Ifa$VXZ\^`bdfhjlnprtvxz|~Z $T$If`Ta$ $$Ifa$ $$Ifa$ZĸTR»ĻȻ̻л[kd $$IfFFU"6&BYB    4 Fa $$Ifa$ $$Ifa$$If $T$If`Ta$ лһԻ,. $$Ifa$ $T$If`Ta$ $$Ifa$[kd $$IfFFU"6&BYB    4 Fa.02468:<>@BDFHJLNPR $$Ifa$[kd $$IfFFU"6&BYB    4 FaRdp0Z\)$If T$If`T$If $T$If`Ta$ $$Ifa$z|0XZ\^jlBD02prtvNPprFHnpxznp.0rtDF|~XZ,.npDF hSF|NHhSF|hSF|CJhSF| hSF|CJhSF|CJNHX\^bfjl3[kd$$IfFFU"6&BYB    4 Fa $T$If`Ta$ $$Ifa$[kd$$IfFFU"6&BYB    4 Falnd.02468JLNPRT[kd-$$IfFFU"6&BYB    4 Fa $T$If`Ta$ $$Ifa$TVXZ\^`bdfhjlnprtvxz|~ $$Ifa$ $$Ifa$HJd,jz|~[kd$$IfFFU"6&BYB    4 Fa $$Ifa$ $T$If`Ta$$If $$Ifa$ $ $1$If $$Ifa$[kd3$$IfFFU"6&BYB    4 Fa*ZNHJq $ $1$If $T$If`Ta$ $$Ifa$$If $$Ifa$[kd$$IfFFU"6&BYB    4 Fa N>@FHXZnt\^&( z|bd`b@B"$bd68.LNLN24 hSF|5hSF|mH sH  hSF|NHhSF| hSF|CJhSF|CJNHVJLPTXZl@[kd$$IfFFU"6&BYB    4 Fa $$Ifa$[kdG$$IfFFU"6&BYB    4 Fal`bj[kd[$$IfFFU"6&BYB    4 Fa $$Ifa$$IfjlnttU -`P 00! 0 d 0p 1$$  0p $`a$[kd$$IfFFU"6&BYB    4 Fat(*  $(,$ $1$Ifa$$a$$ 5n1$]5^na$ 1$^` 1$^!$ # 0p 5n1$]5^na$ ,.l n D }rc}RR 1$^` 1$^` 1$^'kda$$IflFn"-'uJ0    4 lahjNP8 : ( *   ~    ` b l   &( ~jltv\^` np4!6!""""8#:###d$f$%%<&>&( hSF|6 hSF|5hSF|hSF|CJhSF|CJmH sH hSF|CJNH hSF|CJhSF| hSF|NHPD \U 1$kd $$IflFn"-'uJ0    4 la$ $1$Ifa$$ 5n1$]5^na$ ".npj||z   0p  )`Pp 00!d 0p 1$ 0p 1$ 1$$ 5n1$]5^na$ 1$^` jD#F##$$$$$ $1$Ifa$$ 51$]5^a$$ 51$]5a$$ 51$]5^a$$$X&Z&B'D'kWK7$ 5n1$]5^na$ $ 1$a$$ 51$]5^a$$ 51$]5^a$kd$$IflFn"-'uJ0    4 laD' (^.`.*/f4h4657777$ $1$Ifa$$  0p P5]5^a$ P1$$ 51$]5^a$($ P51$]5^`a$ P1$^` (( ))))b*d****,,,p-r-L.N.`.*///00f1h1B2D222234344655566677777l8n8t8v8L9N999999;;==>>AABBpBrBBBRCTCCCDjElEEERFTF6G8GHHHHH IxIzIJJJ\K hSF|NHhSF| hSF|CJhSF|CJNH\7799::Z;fYHHH 1$^` 51$]5$  0p P5]5^a$kdY$$IflFn"-'uJ0    4 laZ;> >t>CCDHIII$ $1$Ifa$ P 1$$ 51$]5^a$ I IJJ\KPXRXYzf\ZPP 1$ P1$$ 51$]5^a$ Pkd$$IflFn"-'uJ0    4 la\KKK@LBLLL"M$MMMNNlNnNNOPO.P0PQQQQQQfRhRFSHSSS*T,TTTU UzU|UUUVV8W:WWWXXFXHXPXYYZZ[[J\L\\\]]^ ^^^__8`:````Za\aaaRbTbzbddLfNfnfpf hSF|6NH hSF|6hSF|CJNH hSF|CJ hSF|NHhSF|WYL[P[T[X[Z[[``a\H$ 51$]5^a$kd$$IflFn"-'uJ0    4 la$ $1$Ifa$$ 51$]5^a$`abxbzb>cff^glldmHLPT$ $1$Ifa$$ 51$]5^a$ 1$ 1$ 1$^$ 51$]5^a$ 1$$ 51$]5^a$pfgghhiipjrjjjkkkk~llmmnBDrt^`>@rtpr8:    ` b d f   F H     8:Z\hSF| hSF|5CJ hSF|6CJUhSF|CJNH hSF|CJX=0 8 =8B8, 8E ?>;CG5=85; ?>;CG5=85 123E8<8G5A:8E 2>;>:>= 8 =8B59; AB@>5=85, A2>9AB20, 0AA>@B8<5=B 8 >F5=:0 :0G5AB20 2>;>:>= 8 =8B59; AB@>5=85 8 A2>9AB20 B5:AB8;L=KE 8745;89: :;0AA8D8:0F8O 8 AB@>5=85 B5:AB8;L=KE ?>;>B5=; 87<5=5=85 AB@>5=8O 8 A2>9AB2 B5:AB8;L=KE ?>;>B5= 2 ?@>F5AA5 ?5@5@01>B:8 8 8A?>;L7>20=8O; 0AA>@B8<5=B B5:AB8;L=KE ?>;>B5= 8 >F5=:0 :0G5AB20. . $. 10 5B>4K 8 A@54AB20 8AA;54>20=8O: 90 ?@8<5=5=85 G8A;>2KE 8 DC=:F8>=0;L=KE E0@0:B5@8AB8: A;CG09=KE 25;8G8= 4;O 0=0;870 B5E=>;>38G5A:8E ?@>F5AA>2; B>G5G=>5 8 8=B5@20;L=>5 >F5=820=85 ?0@0<5B@>2, ?;0=8@>20=85 >1J5<0 2K1>@:8; ?@8<5=5=85 >A=>2=KE AB0B8AB8G5A:8E :@8B5@852 4;O A@02=5=8O G8A;>2KE E0@0:B5@8AB8: ?@>4C:B0 8;8 B5E=>;>38G5A:>3> ?@>F5AA0; ?;0=8@>20=85 8 >1@01>B:0 0:B82=>3> >4=>D0:B>@=>3> M:A?5@8<5=B0; ?;0=8@>20=85 M:A?5@8<5=B0 4;O ?>;CG5=8O ;8=59=KE <=>3>D0:B>@=KE <>45;59, =5;8=59=KE ?>;8=><80;L=KE <>45;59 2B>@>3> ?>@O4:0; 0=0;87 <0B5<0B8G5A:8E <>45;59 A 8A?>;L7>20=85< 0=0;8B8G5A:8E 8 G8A;5==KE <5B>4>2; ?@8<5=5=85 87<5@8B5;L=>9 B5E=8:8 4;O 8AA;54>20=8O B5E=>;>38G5A:8E ?@>F5AA>2. . .00 0F8>=0;L=>-@538>=0;L=K9 (2C7>2A:89) :><?>=5=B 140 ..00 8AF8?;8=K 8 :C@AK ?> 2K1>@C ABC45=B0, CAB0=02;8205<K5 2C7>< 140 !.00 !?5F80;L=K5 48AF8?;8=K 2172 !.01 280100 "5E=>;>38O 8 >1>@C4>20=85 ?@>872>4AB20 =0BC@0;L=KE 2>;>:>= !.01 5B0;8 <0H8= 8 ?>4J5<=>-B@0=A?>@B=K5 A8AB5<K: 180 :;0AA8D8:0F8O <5E0=87<>2, C7;>2 8 45B0;59; >A=>2K ?@>5:B8@>20=8O <5E0=87<>2, AB0488 @07@01>B:8; B@51>20=8O : 45B0;O<, :@8B5@88 @01>B>A?>A>1=>AB8 8 2;8ONI85 =0 =8E D0:B>@K; <5E0=8G5A:85 ?5@540G8 (7C1G0BK5, G5@2OG=K5, ?;0=5B0@=K5, 2>;=>2K5, @KG06=K5, D@8:F8>==K5, @5<5==K5, F5?=K5, 28=B-309:0); @0AG5BK ?5@540G =0 ?@>G=>ABL; 20;K 8 >A8, :>=AB@C:F8O 8 @0AG5BK =0 ?@>G=>ABL 8 65AB:>ABL; ?>4H8?=8:8 :0G5=8O 8 A:>;L65=8O, 2K1>@ 8 @0AG5BK =0 ?@>G=>ABL; C?;>B=8B5;L=K5 CAB@>9AB20; :>=AB@C:F88 ?>4H8?=8:>2KE C7;>2; A>548=5=8O 45B0;59 (@57L1>2K5, 70:;5?>G=K5, A20@=K5, ?0O=K5, :;552K5, A =0BO3><, H?>=>G=K5, 7C1G0BK5, HB8DB>2K5, :;5<<>2K5, ?@>D8;L=K5), :>=AB@C:F88 8 @0AG5BK A>548=5=89 =0 123?@>G=>ABL; C?@C385 M;5<5=BK; <CDBK <5E0=8G5A:8E ?@82>4>2; :>@?CA=K5 45B0;8 <5E0=87<>2; ?>4J5<=>-B@0=A?>@B=K5 A8A-B5<K B5:AB8;L=KE ?@54?@8OB89: B@0=A?>@B=K5 3@C7>?5@52>7:8 B5:AB8;L=>3> ?@54?@8OB8O; B@0=A?>@B=0O B5E=>;>38O; CAB@>9AB2> A:;04>2 8 ?@>872>4AB2> A:;04A:8E >?5@0F89; >1>@C4>20=85 A:;04>2 B5:AB8;L=KE ?@54?@8OB89; 3@C7>70E20B=K5 ?@8A?>A>1;5=8O; :@0=K; :>=B59=5@K; ?>3@C7>G=>-@073@C7>G=K5 <0H8=K; =0?>;L=K9 B@0=A?>@B; 2A?><>30B5;L=K5 CAB@>9AB20 ?@><KH;5==>3> B@0=A?>@B0. !.02 @30=870F8O 8 ?;0=8@>20=85 ?@>872>4AB20: 130 ?@54?@8OB85, 53> 284K 8 >A=>2=K5 E0@0:B5@8AB8:8; B8?K ?@>872>4AB20 8 D>@<K 42865=8O ?@54<5B>2 B@C40 2 ?@>F5AA5 ?@>872>4AB20; >A=>2K >@30=870F88 ?@>872>4AB25==>3> ?@>F5AA0; >@30=870F8O 8 =>@<8@>20=85 B@C40; >@30=870F8O 8A?>;L7>20=8O AK@LO 8 >1>@C4>20=8O; >@30=870F8O >?;0BK B@C40; CA;>28O 8=B5=A8D8:0F88 B5E=>;>38G5A:>3> ?@>F5AA0; ?;0=8@>20=85 ?@>872>4AB20 8 @50;870F88 ?@>4C:F88; ?;0=8@>20=85 ?>B5=F80;0 ?@54?@8OB8O; ?;0=8@>20=85 @5AC@A=>3> >15A?5G5=8O 45OB5;L=>AB8 ?@54?@8OB8O; ?;0=8@>20=85 8745@65: ?@>872>4AB20; ?;0=8@>20=85 ?>:070B5;59 D8=0=A>2>9 45OB5;L=>AB8 ?@54?@8OB8O; 187=5A-?;0= 8 53> AB@C:BC@0. !.03 >=B@>;L, CG5B 8 B5E=8:>-M:>=><8G5A:89 0=0;87 2 >B@0A;8: 70 >A=>2=K5 ?>=OB8O CG5B0 2 >AA89A:>9 $545@0F88; 284K CG5B0 8 :>=B@>;O; <5B>48:0 8E ?@>2545=8O; 284K 8 A>45@60=85 B5E=8:>-M:>=><8G5A:>3> 0=0;870 >A=>2=KE =0?@02;5=89 45OB5;L=>AB8 ?@54?@8OB8O; ?;0= AG5B>2 1CE30;B5@A:>3> CG5B0 8 53> ?@8<5=5=85 2 CG5B5 =0 ?@54?@8OB88. !.04 2B><0B870F8O B5E=>;>38G5A:8E ?@>F5AA>2: 90 M;5<5=BK ?@><KH;5==>9 02B><0B8:8 8 8E ?@8<5=5=85 2 A8AB5<0E C?@02;5=8O B5E=>;>38G5A:8<8 ?@>F5AA0<8; AB0B8G5A:85 8 48=0<8G5A:85 E0@0:B5@8AB8:8 >1J5:B>2 C?@02;5=8O; ?5@540B>G=K5 DC=:F88; 70:>=K @53C;8@>20=8O; ;8=59=K5 8 @5;59=K5 @53C;OB>@K; 70<:=CBK5 8 @07><:=CBK5 A8AB5<K @53C;8@>20=8O; ?5@5E>4=K5 ?@>F5AAK 8 :0G5AB2> @53C;8@>20=8O; CAB>9G82>ABL A8AB5< @53C;8@>20=8O; B8?>2K5 A8AB5<K 02B><0B8G5A:>3> C?@02;5=8O B5E=>;>38G5A:8<8 ?@>F5AA0<8 B5:AB8;L=>9 ?@><KH;5==>AB8. !.05 @>5:B8@>20=85 B5:AB8;L=KE <0H8=: 100 A>45@60=85 ?@>F5AA0 ?@>5:B8@>20=8O; ?@>2545=85 ?@54?@>- 1235:B=KE @01>B 2 A>740=88 =>2KE B5:AB8;L=KE <0H8=; ?>@O4>: 8 MB0?K @07@01>B:8 :>=AB@C:B>@A:>9 4>:C<5=B0F88, >A=>2=K5 B@51>20=8O, ?@54JO2;O5<K5 : ?@>5:B8@C5<K< <0H8=0< (65AB:>ABL 8 ?@>G=>ABL :>=AB@C:F88, 70B@0BK =0 873>B>2;5=85, ?@>AB>B0, C4>1AB2> 8 157>?0A=>ABL 2 >1A;C6820=88); B5E=8:>-M:>=><8G5A:85 ?>:070B5;8 F5;5A>>1@07=>AB8 2=54@5=8O 2 ?@>872>4AB2> =>2KE <0H8=; E0@0:B5@8AB8:0 4>?CA:>2 8 ?>A04>:, :;0AA>2 H5@>E>20B>AB8 ?>25@E=>AB8 45B0;59, 873>B>2;O5<KE 2 B5:AB8;L=>< <0H8=>AB@>5=88; ?>=OB85 =0456=>AB8 8 4>;3>25G=>AB8 B5:AB8;L=KE <0H8=; >A>15==>AB8 ?@>5:B8@>20=8O <0H8= 4;O ?5@28G=>9 >1@01>B:8 =0BC@0;L=KE 2>;>:>=. !.06 5=B8;OF8O, ?=52<>B@0=A?>@B 8 B5?;>A=0165=85 ?@54?@8OB89: 160 >74CH=K5 ?>B>:8 >B @01>G8E >@30=>2 B5E=>;>38G5A:>3> >1>@C4>20=8O, =07=0G5=85 8 :;0AA8D8:0F8O A8AB5< 0A?8@0F88 8 ?=52<>B@0=A?>@B0; A2>9AB20 2>74CE0, 402;5=85, ?>B5@8 =0 B@5=85 8 <5AB=K5 A>?@>B82;5=8O; B@0=A?>@B8@>20=85 <0B5@80;0 2>74CH=K< ?>B>:>< 2 25@B8:0;L=KE 8 3>@87>=B0;L=KE 2>74CE>2>40E, A:>@>AB8 28B0=8O 8 B@>30=8O, :>=F5=B@0F8O A<5A8, 2A0AK20NI89 D0:5;, B>G5G=K5 8 ;8=59=K5 AB>:8, ?@8B>G=K5 AB@C8; ?@>5:B8@>20=85 8 @0AG5B A8AB5< 0A?8@0F88 8 ?=52<>B@0=A?>@B0, <>=B06 A8AB5<, >1A;54>20=85 8E @01>BK; M;5<5=BK :>=AB@C:F88 A8AB5< (<5AB=K5 >BA>AK, 2>74CE>2>4K, @073@C78B5;8, 25=B8;OB>@K, D8;LB@K); ?@8B>G=>->B>?8B5;L=K5 A8AB5<K, 8E @0AG5B; :>=48F8>=8@>20=85 2>74CE0, @0AG5B :>=48F8>=5@>2, :><?>=>2:0 25=B8;OF8>==>-C2;06=8B5;L=KE CAB0=>2>:; A8AB5<K B5?;>A=0165=8O ;L=>702>4>2. !.07 A=>2K 384@02;8:8, 2>4>A=0165=85 8 2>4>>B45;5=85: 100 D878G5A:85 A2>9AB20 684:>AB59, >A=>2=K5 70:>=K 8 C@02=5=8O 384@>AB0B8:8 8 384@>48=0<8:8; 384@>?@82>4 (=07=0G5=85, CAB@>9AB2>, >A=>2K @0AG5B0, M:A?;C0B0F8O); A8AB5<K 8 AE5<K 2>4>A=0165=8O ?@54?@8OB89 8 =0A5;5==KE ?C=:B>2, @568< 2>4>?>B@51;5=8O, @0AG5B >1J5<>2 2>4>?>B@51;5=8O; 2>4>701>@=K5 A>>@C65=8O 87 ?>25@E=>AB=KE 8 ?>475<=KE 8AB>G=8:>2; 2>4>?@>2>4=0O A5BL, ?@8=F8?K 55 @0AG5B0, =0A>AK 8 =0A>A=K5 AB0=F88; A2>9AB20 2>4K 8 B@51>20=8O, ?@54JO2;O5<K5 : 55 :0G5AB2C, <5B>4K >G8AB:8 2>4K; A8AB5<K 8 AE5<K 2>4>>B2545=8O ?@54?@8OB89 8 =0A5;5==KE ?C=:B>2; E0@0:B5@8AB8:0 AB>G=KE 2>4, ?>:070B5;8 703@O7=5==>AB8, B@51>20=8O : >G8AB:5 AB>:>2, CA;>28O 8E 2K?CA:0 2 2>4>5<K; <5E0=8G5A:0O, 18>;>38G5A:0O, D878:>-E8<8G5A:0O >G8AB:0 AB>G=KE 2>4; >G8AB=K5 A>>@C65=8O, ?@8=F8?K 8E @0AG5B0; =0A>AK 8 =0A>A=K5 AB0=F88 123 ?5@5:0G:8 AB>G=KE 2>4; >1>@>B=>5 2>4>A=0165=85; M:A?;C0B0F8O A>>@C65=89 2>4>A=0165=8O 8 2>4>>B45;5=8O. !.08 @>5:B8@>20=85 ?@54?@8OB89 >B@0A;8: 160 7040=85 =0 ?@>5:B8@>20=85, ?@>5:B=0O 4>:C<5=B0F8O, :>=AB@C:B82=K5 M;5<5=BK 8 <0B5@80;K 4;O 2>72545=8O ?@><KH;5==KE 740=89 8 A>>@C65=89; >1J5<=>-?;0=8@>2>G=K5 @5H5=8O; B5E=8G5A:0O M:A?;C0B0F8O 740=89 8 A>>@C65=89; 35=5@0;L=K9 ?;0= ?@54?@8OB8O; =>@<K B5E=>;>38G5A:>3> ?@>5:B8@>20=8O, 2K1>@ 0AA>@B8<5=B0 AK@LO, @0AG5B ?@>872>4AB25==>9 <>I=>AB8 ?@54?@8OB8O; >1>A=>20=85 8 2K1>@ B5E=>;>38G5A:>3> >1>@C4>20=8O; @0AG5B A:;04A:8E ?><5I5=89; @0AG5B 8 ?;0=8@>20=85 CG0AB:>2 ?> ?5@5E>40<. !.09 A=>2K A5;LA:>E>7O9AB25==>3> ?@>872>4AB20 AK@LO 4;O ?>;CG5=8O =0BC@0;L=KE 2>;>:>=: 100 >1I85 A2545=8O > A>AB>O=88 AK@L52>9 107K 8 ?5@A?5:B820E 55 @0728B8O; 1>B0=8G5A:85 8 D878>;>38G5A:85 >A>15==>AB8 A5;LA:>E>7O9AB25==KE :C;LBC@ 8 ?>@>4; >A=>2K A5;5:F88 8 A5<5=>2>4AB20; 03@>B5E=8:0 8 70I8B0 @0AB5=89; B5E=8G5A:0O C1>@:0 AK@LO 8 53> ?5@28G=0O 4>@01>B:0; >A>15==>AB8 ?>43>B>2:8 AK@LO 4;O ?>;CG5=8O =0BC@0;L=KE 2>;>:>=. !.10 5E0=8G5A:0O B5E=>;>38O B5:AB8;L=KE <0B5@80;>2: 250 ?@>872>4AB2> ?@O68 87 ;L=O=KE 8 E8<8G5A:8E 2>;>:>=; 8A?>;L7>20=85 >BE>4>2 2 ;L=>?@O48;L=>< ?@>872>4AB25; B:0F:>5 ?@>872>4AB2>; B@8:>B06=>5 ?@>872>4AB2>; ?@>872>4AB2> =5B:0=KE <0B5@80;>2; ?@>872>4AB2> ?0:;8 8 8745;89 4;O =5B@048F8>==>3> 8A?>;L7>20=8O (20B0, A5@45G=8:8 8 B.4.) 87 ;C1O=KE 2>;>:>=; 8A?>;L7>20=85 ;L=O=KE 2>;>:>= 8 ?5=L:8 2 <>48D8F8@>20==>< 2845 4;O ?@>872>4AB20 A<5A>2KE <0B5@80;>2 B5:AB8;L=>3> 8 <548F8=A:>3> =07=0G5=8O; ?@>872>4AB2> H?030B>-25@52>G=KE 8745;89 8 :0=0B>2; @0745;5=85 2>;>:=8ABKE D@0:F89 8 8E >G8AB:0 >B ?@8<5A59. !.11 =D>@<0F8>==K5 B5E=>;>388 2 ?@>872>4AB25 B5:AB8;L=KE 8745;89: 120 @>;L 8 7=0G5=85 8=D>@<0F8>==KE B5E=>;>389 8 :><?LNB5@=>9 B5E=8:8 2 ?@>872>4AB25 B5:AB8;L=KE 8745;89; 8=D>@<0F8>==K5 ?>B>:8, 8=D>@<0F8>==K5 <>45;8, <5B>4>;>38O 8E @07@01>B:8 8 0=0;870; >A=>2=K5 7040G8 8 A8AB5<K >1@01>B:8 8=D>@<0F88 ?@8 @5H5=88 ?@>872>4AB25==KE 7040G; A5B52K5 :><?LNB5@=K5 :><?;5:AK, 8E 284K 8 2>7<>6=>AB8 4;O 8A- 123?>;L7>20=8O 8=D>@<0F8>==KE B5E=>;>389 2 7040G0E >?B8<870F88 B5E=>;>38G5A:8E ?@>F5AA>2; A>2@5<5==K5 ?@>3@0<<=K5 8 B5E=8G5A:85 A@54AB20 8=D>@<0F8>==KE B5E=>;>389, >A>15==>AB8 8E 8A?>;L7>20=8O 8 @5H5=85 A 8E ?><>ILN ?@>872>4AB25==KE 7040G. !.00. 8AF8?;8=K A?5F80;870F89 712 ! .02 280300 "5E=>;>38O B5:AB8;L=KE 8745;89 !.01 5B0;8 B5:AB8;L=KE <0H8=: 140 :;0AA8D8:0F8O <5E0=87<>2, C7;>2 8 45B0;59; >A=>2K ?@>5:B8@>20=8O <5E0=87<>2, AB0488 @07@01>B:8; B@51>20=8O : 45B0;O<, :@8B5@88 @01>B>A?>A>1=>AB8 8 2;8ONI85 =0 =8E D0:B>@K; <5E0=8G5A:85 ?5@540G8 (7C1G0BK5, G5@2OG=K5, ?;0=5B0@=K5, 2>;=>2K5, @KG06=K5, D@8:F8>==K5, @5<5==K5, F5?=K5, ?5@540G8 28=B-309:0); @0AG5BK ?5@540G =0 ?@>G=>ABL; 20;K 8 >A8, :>=AB@C:F8O 8 @0AG5BK =0 ?@>G=>ABL 8 65AB:>ABL; ?>4H8?=8:8 :0G5=8O 8 A:>;L65=8O, 2K1>@ 8 @0AG5BK =0 ?@>G=>ABL; C?;>B=8B5;L=K5 CAB@>9AB20; :>=AB@C:F88 ?>4H8?=8:>2KE C7;>2; A>548=5=8O 45B0;59 (@57L1>2K5, 70:;5?>G=K5, A20@=K5, ?0O=K5, :;552K5, A =0BO3><, H?>=>G=K5, 7C1G0BK5, HB8DB>2K5, :;5<<>2K5, ?@>D8;L=K5), :>=AB@C:F88 8 @0AG5BK A>548=5=89 =0 ?@>G=>ABL; C?@C385 M;5<5=BK; <CDBK <5E0=8G5A:8E ?@82>4>2; :>@?CA=K5 45B0;8 <5E0=87<>2, A?5F80;L=K5 <5E0=87<K B5:AB8;L=KE <0H8=. !.02 @30=870F8O 8 ?;0=8@>20=85 ?@>872>4AB20: 130 ?@54?@8OB85, 53> 284K 8 >A=>2=K5 E0@0:B5@8AB8:8; B8?K ?@>872>4AB20 8 D>@<K 42865=8O ?@54<5B>2 B@C40 2 ?@>F5AA5 ?@>872>4AB20; >A=>2K >@30=870F88 ?@>872>4AB25==>3> ?@>F5AA0; >@30=870F8O 8 =>@<8@>20=85 B@C40; >@30=870F8O 8A?>;L7>20=8O AK@LO 8 >1>@C4>20=8O; >@30=870F8O >?;0BK B@C40; CA;>28O 8=B5=A8D8:0F88 B5E=>;>38G5A:>3> ?@>F5AA0; ?;0=8@>20=85 ?@>872>4AB20 8 @50;870F88 ?@>4C:F88; ?;0=8@>20=85 ?>B5=F80;0 ?@54?@8OB8O; ?;0=8@>20=85 @5AC@A=>3> >15A?5G5=8O 45OB5;L=>AB8 ?@54?@8OB8O; ?;0=8@>20=85 8745@65: ?@>872>4AB20; ?;0=8@>20=85 ?>:070B5;59 D8=0=A>2>9 45OB5;L=>AB8 ?@54?@8OB8O; 187=5A-?;0= 8 53> AB@C:BC@0. !.03 >=B@>;L, CG5B 8 B5E=8:>-M:>=><8G5A:89 0=0;87 2 >B@0A;8: 70 >A=>2=K5 ?>=OB8O CG5B0 2 >AA89A:>9 $545@0F88; 284K CG5B0 8 :>=B@>;O; <5B>48:0 8E ?@>2545=8O; 284K 8 A>45@60=85 123B5E=8:>-M:>=><8G5A:>3> 0=0;870 >A=>2=KE =0?@02;5=89 45OB5;L=>AB8 ?@54?@8OB8O; ?;0= AG5B>2 1CE30;B5@A:>3> CG5B0 8 53> ?@8<5=5=85 2 CG5B5 =0 ?@54?@8OB88. !.04 2B><0B870F8O B5E=>;>38G5A:8E ?@>F5AA>2: 90 M;5<5=BK ?@><KH;5==>9 02B><0B8:8 8 8E ?@8<5=5=85 2 A8AB5<0E C?@02;5=8O B5E=>;>38G5A:8<8 ?@>F5AA0<8; AB0B8G5A:85 8 48=0<8G5A:85 E0@0:B5@8AB8:8 >1J5:B>2 C?@02;5=8O; ?5@540B>G=K5 DC=:F88; 70:>=K @53C;8@>20=8O; ;8=59=K5 8 @5;59=K5 @53C;OB>@K; 70<:=CBK5 8 @07><:=CBK5 A8AB5<K @53C;8@>20=8O; ?5@5E>4=K5 ?@>F5AAK 8 :0G5AB2> @53C;8@>20=8O; CAB>9G82>ABL A8AB5< @53C;8@>20=8O; B8?>2K5 A8AB5<K 02B><0B8G5A:>3> C?@02;5=8O B5E=>;>38G5A:8<8 ?@>F5AA0<8 B5:AB8;L=>9 ?@><KH;5==>AB8. !.05 >45;8@>20=85 B5E=>;>38G5A:8E ?@>F5AA>2: 90 48=0<8G5A:85 <>45;8 >1J5:B>2 <5E0=8G5A:>9 B5E=>;>388 B5:AB8;L=KE <0B5@80;>2, ?>;CG5==K5 87 CA;>28O <0B5@80;L=>3> 10;0=A0; <0B5<0B8G5A:85 <>45;8 >1J5:B>2 <5E0=8G5A:>9 B5E=>;>388 B5:AB8;L=KE <0B5@80;>2, ?>;CG5==K5 87 CA;>28O 48=0<8G5A:>3> @02=>25A8O; <0B5<0B8G5A:85 <>45;8 ?@>F5AA>2, ?>;CG5==K5 ?@8 :8=5<0B8G5A:>< 8AA;54>20=88 >1J5:B0; 48=0<8G5A:85 <>45;8 A;>6=KE >1J5:B>2; 8<8B0F8>==>5 <>45;8@>20=85. !.06 ?B8<870F8O B5E=>;>38G5A:8E ?@>F5AA>2: 90 ?>=OB85 >1 >?B8<870F88; >1J5:B >?B8<870F88; :@8B5@89 >?B8<0;L=>AB8; MB0?K @5H5=8O 7040G8 >?B8<870F88; 284K 7040G >?B8<870F88 B5E=>;>38G5A:8E ?@>F5AA>2; 0=0;8B8G5A:85 <5B>4K >?B8<870F88; ;8=59=>5 ?@>3@0<<8@>20=85; =5;8=59=>5 ?@>3@0<<8@>20=85; <=>3>:@8B5@80;L=K5 7040G8 >?B8<870F88; c?5F80;L=K5 284K ?@>3@0<<8@>20=8O. !.07 5E0=8G5A:0O B5E=>;>38O B5:AB8;L=KE <0B5@80;>2: 250 ?@>5:B8@>20=85 ?@O68; ?@>872>4AB2> ?@O68 87 E;>?:>2KE 8 E8<8G5A:8E 2>;>:>=; :0@4=0O A8AB5<0 ?@O45=8O, ?@>F5AAK @07@KE;5=8O, >G8AB:8, A<5H820=8O, :0@4>G5A0=8O, 2KBO3820=8O, A;>65=8O, :@CG5=8O; D>@<8@>20=85 ;5=BK, @>2=8FK 8 ?@O68, :>;LF52>9 8 15725@5B5==K5 A?>A>1K ?@O45=8O, 3@515==0O A8AB5<0 ?@O45=8O; ?@>872>4AB2> ?@O68 87 H5@ABO=KE 8 E8<8G5A:8E 2>;>:>=, 0??0@0B=0O 8 3@515==0O A8AB5<0 ?@O45=8O; ?@>F5AA HB0?5;8@>20=8O; ?@>872>4AB2> ?@O68 87 ;L=O=KE 8 A<5H0==KE 2>;>:>=; :@CB8;L=>5 ?@>872>4AB2>; 123D>@<>20=85 B5:ABC@8@>20==KE =8B59; B:0F:>5 ?@>872>4AB2>, ?>43>B>2:0 =8B59 : B:0G5AB2C, B:0F:85 ?5@5?;5B5=8O, D>@<8@>20=85 B:0=8 =0 G5;=>G=KE 8 15AG5;=>G=KE B:0F:8E AB0=:0E; B@8:>B06=>5 ?@>872>4AB2>, ?5@5?;5B5=8O, D>@<8@>20=85 B@8:>B060; ?@>872>4AB2> =5B:0=KE <0B5@80;>2. !.08 %8<8G5A:0O B5E=>;>38O B5:AB8;L=KE <0B5@80;>2: 90 ?>43>B>2:0 : :@0H5=8N 8 ?5G0B0=8N E;>?G0B>1C<06=KE 2>;>:=8ABKE <0B5@80;>2, ;L=O=>9 ?@O68 8 B:0=8, 8745;89 87 E8<8G5A:8E 2>;>:>=, B:0=59 87 A<5A8 2>;>:>=; :@0H5=85 B5:AB8;L=KE <0B5@80;>2 87 ?@8@>4=KE F5;;N;>7=KE 8 384@0BF5;;N;>7=KE 2>;>:>=, 87 15;:>2KE 2>;>:>=, 87 A8=B5B8G5A:8E 8 0F5B8;F5;;N;>7=KE 2>;>:>=, 87 A<5A8 2>;>:>=; ?5G0B0=85 8 70:;NG8B5;L=0O >B45;:0 B5:AB8;L=KE 8745;89. !.09 =D>@<0F8>==K5 B5E=>;>388 2 ?@>872>4AB25 B5:AB8;L=KE 8745;89: 120 @>;L 8 7=0G5=85 8=D>@<0F8>==KE B5E=>;>389 8 :><?LNB5@=>9 B5E=8:8 2 ?@>872>4AB25 B5:AB8;L=KE 8745;89; 8=D>@<0F8>==K5 ?>B>:8, 8=D>@<0F8>==K5 <>45;8, <5B>4>;>38O 8E @07@01>B:8 8 0=0;870; >A=>2=K5 7040G8 8 A8AB5<K >1@01>B:8 8=D>@<0F88 ?@8 @5H5=88 ?@>872>4AB25==KE 7040G; A5B52K5 :><?LNB5@=K5 :><?;5:AK, 8E 284K 8 2>7<>6=>AB8 4;O 8A?>;L7>20=8O 8=D>@<0F8>==KE B5E=>;>389 2 7040G0E >?B8<870F88 B5E=>;>38G5A:8E ?@>F5AA>2; A>2@5<5==K5 ?@>3@0<<=K5 8 B5E=8G5A:85 A@54AB20 8=D>@<0F8>==KE B5E=>;>389, >A>15==>AB8 8E 8A?>;L7>20=8O 8 @5H5=85 A 8E ?><>ILN ?@>872>4AB25==KE 7040G. !.00 8AF8?;8=K A?5F80;870F89 1102 !.03 280400 @>5:B8@>20=85 B5:AB8;L=KE 8745;89 !.01 &25B>2545=85: 80 >A=>2=K5 70:>=K @02=>25A=>3> B5?;>2>3> 87;CG5=8O, >A=>2K 0B><=>9 8 <>;5:C;O@=>9 A?5:B@>A:>?88, >A=>2K A25B>2>3> 8 F25B>2>3> ?>;O, ?@8=F8?K 8 <5B>4K >1@07>20=8O F25B0: 0448B82=K9 8 AC1B@0:B82=K9, >A=>2K :>;8G5AB25==>9 :>;>@8<5B@88, ?@8=F8?K @01>BK A>2@5<5==KE A?5:B@0;L=KE ?@81>@>2 8 D>B><5@>2, :>;8G5AB25==K5 <5B>4K @0AG5B0 E0@0:B5@8AB8: @57C;LB8@CNI53> F25B0 ?@8 @07;8G=KE A?>A>10E >1@07>20=8O F25B0, <5B>4K ?>41>@0 8 @0AG5B0 @5F5?BC@K :@0H5=8O. 123!.02 8AC=>:: 150 :><?>78F8>==K5 ?>AB@>5=8O =0 ?;>A:>AB8; ?@>1;5<K ?@>?>@F8>=0;L=>3> 87>1@065=8O >:@C60NI53> <8@0; G5@=>-15;0O 3@0D8:0 8 >1;0AB8 55 ?@8<5=5=8O, 7040G8 CA;>2=>-3@0D8G5A:>9 8=B5@?@5B0F88 87>1@065=8O; B@5EB>=0;L=0O 3@0D8:0, >@=0<5=B0;L=>ABL 2 3@0D8:5; ?@>1;5<0 D0:BC@=KE A>G5B0=89 2 3@0D8G5A:>< 87>1@065=88; F25B=0O B5<0 2 G5@=>-15;>9 3@0D8:5; 7=0:>20O A8AB5<0 2 3@0D8G5A:8E 87>1@065=8OE G5;>25:0, 682>B=>3>, @0AB5=8O; A8=B5B8G5A:85 87>1@065=8O ?@54<5B=>3> <8@0; 0AA>F80B82=>-CA;>2=K9 ?>4E>4 2 3@0D8:5, ?@>1;5<0 8=B5@20;0 <564C AE>4AB2>< 8 @07;8G85<; >1>1I5==>:>;>@8AB8G5A:>5 2845=85 =0BC@K 8 A?>A>1K 55 87>1@065=8O :@0A:0<8; ?@>1;5<0 "B5?;KE" 8 "E>;>4=KE" F25B>2; ?@>1;5<0 @>4AB25==KE 8 :>=B@0AB=KE A>G5B0=89; ?@>1;5<0 "A>:@0I5==>9" ?0;8B@K. !.03 AB>@8O B5:AB8;L=>3> >@=0<5=B0: 100 ?@>8AE>645=85 >@=0<5=B0, 53> @>;L 8 <5AB> 2 :C;LBC@5 G5;>25:0; 8AB>@8O @0728B8O >@=0<5=B0 2 2@>?5, !@54=59 788, =0 0;L=5< >AB>:5; 8AB>@8O >@=0<5=B0 =0 B:0=8 :0: >A>10O A?5F8D8G5A:0O D>@<0 53> ACI5AB2>20=8O, A2O7L <564C >@=0<5=B>< 8 8AB>@859 @0728B8O B5:AB8;L=>3> 8A:CAAB20. !.04 ><?>78F8O B5:AB8;L=>3> @8AC=:0: 200 >A=>2=K5 70:>=K :><?>78F88; ?@028;0, ?@85<K 8 A@54AB20 :><?>78F88 B5:AB8;L=>3> @8AC=:0; cB0B8G5A:85, 48=0<8G5A:85 :><?>78F88; <5;:>C7>@=K5 @0??>@B=K5 :><?>78F88; 30@<>=8G5A:85 A>G5B0=8O F25B>2 2 E@><0B8G5A:8E :><?>78F8OE; B>=0;L=K5 @O4K 2 0E@><0B8G5A:8E :><?>78F8OE; 3@0D8G5A:85 A@54AB20 8 <5B>4K @07@01>B:8 B5:AB8;L=>3> @8AC=:0; ?>=OB85 @8B<0 2 @0??>@B=KE :><?>78F8OE. !. 05 5E0=8G5A:0O B5E=>;>38O B5:AB8;L=KE <0B5@80;>2: 250 ?@>5:B8@>20=85 ?@O68; ?@>872>4AB2> ?@O68 87 E;>?:>2KE 8 E8<8G5A:8E 2>;>:>=; :0@4=0O A8AB5<0 ?@O45=8O, ?@>F5AAK @07@KE;5=8O, >G8AB:8, A<5H820=8O, :0@4>G5A0=8O, 2KBO3820=8O, A;>65=8O, :@CG5=8O; D>@<8@>20=85 ;5=BK, @>2=8FK 8 ?@O68, :>;LF52>9 8 15725@5B5==K5 A?>A>1K ?@O45=8O, 3@515==0O A8AB5<0 ?@O45=8O; ?@>872>4AB2> ?@O68 87 H5@ABO=KE 8 E8<8G5A:8E 2>;>:>=, 0??0@0B=0O 8 3@515==0O A8AB5<0 ?@O45=8O; ?@>F5AA HB0?5;8@>20=8O; ?@>872>4AB2> ?@O68 87 ;L=O=KE 8 A<5H0==KE 2>;>:>=; :@CB8;L=>5 ?@>872>4AB2>; D>@<>20=85 B5:ABC@8@>20==KE =8B59; B:0F:>5 ?@>872>4AB2>, 123?>43>B>2:0 =8B59 : B:0G5AB2C, B:0F:85 ?5@5?;5B5=8O, D>@<8@>20=85 B:0=8 =0 G5;=>G=KE 8 15AG5;=>G=KE B:0F:8E AB0=:0E; B@8:>B06=>5 ?@>872>4AB2>, ?5@5?;5B5=8O, D>@<8@>20=85 B@8:>B060; ?@>872>4AB2> =5B:0=KE <0B5@80;>2. !.06 %8<8G5A:0O B5E=>;>38O B5:AB8;L=KE <0B5@80;>2: 90 ?>43>B>2:0 : :@0H5=8N 8 ?5G0B0=8N E;>?G0B>1C<06=KE 2>;>:=8ABKE <0B5@80;>2, ;L=O=>9 ?@O68 8 B:0=8, 8745;89 87 E8<8G5A:8E 2>;>:>=, B:0=59 87 A<5A8 2>;>:>=; :@0H5=85 B5:AB8;L=KE <0B5@80;>2 87 ?@8@>4=KE F5;;N;>7=KE 8 384@0BF5;;N;>7=KE 2>;>:>=, 87 15;:>2KE 2>;>:>=, 87 A8=B5B8G5A:8E 8 0F5B8;F5;;N;>7=KE 2>;>:>=, 87 A<5A8 2>;>:>=; ?5G0B0=85 8 70:;NG8B5;L=0O >B45;:0 B5:AB8;L=KE 8745;89. !.07 =D>@<0F8>==K5 B5E=>;>388 2 ?@>5:B8@>20=88 B5:AB8;L=KE 8745;89: 120 @>;L 8 7=0G5=85 8=D>@<0F8>==KE B5E=>;>389 8 :><?LNB5@=>9 B5E=8:8 2 ?@>5:B8@>20=88 B5:AB8;L=KE 8745;89; 8=D>@<0F8>==K5 ?>B>:8, 8=D>@<0F8>==K5 <>45;8, <5B>4>;>38O 8E @07@01>B:8 8 0=0;870; 2>7<>6=>AB8 :><?LNB5@=KE 8=D>@<0F8>==KE A8AB5< ?@8 ?@>5:B8@>20=88 B5:AB8;L=KE 8745;89, >A>15==>AB8 8E @07@01>B:8, 2=54@5=8O, M:A?;C0B0F88 8 ?@8<5=5=8O =0 ?@>872>4AB25; A5B52K5 :><?LNB5@=K5 :><?;5:AK, 8E 284K 8 2>7<>6=>AB8 4;O 8A?>;L7>20=8O 8=D>@<0F8>==KE B5E=>;>389 2 ?@>5:B8@>20=88 B5:AB8;L=KE 8745;89; A>2@5<5==K5 ?@>3@0<<=K5 8 B5E=8G5A:85 A@54AB20 8=D>@<0F8>==KE B5E=>;>389, >A>15==>AB8 8E 8A?>;L7>20=8O 8 @5H5=85 A 8E ?><>ILN ?@>5:B=KE 7040G. !.00. 8AF8?;8=K A?5F80;870F89 1182 ____________________________________________________________________ $".00 $0:C;LB0B82=K5 48AF8?;8=K 450 $".01 >5==0O ?>43>B>2:0 450 A53> G0A>2 B5>@5B8G5A:>3> >1CG5=8O 8262 5. !  !/ !+%  ",+%    +#!   . "   !&!"  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 5.1.!@>: >A2>5=8O >A=>2=KE >1@07>20B5;L=KE ?@>3@0<< ?>43>B>2:8 8=65=5@0 ?@8 >G=>9 D>@<5 >1CG5=8O A>AB02;O5B 260 =545;L, 2 B>< G8A;5: - B5>@5B8G5A:>5 >1CG5=85, 2:;NG0O =0CG=>-8AA;54>20B5;LA:CN @01>BC ABC45=B>2, ?@0:B8:C<K, 2 B>< G8A;5 ;01>@0B>@=K5  153 =545;8 - M:70<5=0F8>==K5 A5AA88 - =5 <5=55 18 =545;L - ?@0:B8:8 - =5 <5=55 14 =545;L 2 B>< G8A;5: CG51=0O - 4 =545;8 ?@>872>4AB25==0O- 6 =545;L ?@5448?;><=0O - 4 =545;8 - 8B>3>20O 3>AC40@AB25==0O 0BB5AB0F8O, 2:;NG0O ?>43>B>2:C 8 70I8BC 2K?CA:=>9 :20;8D8:0F8>==>9 @01>BK - =5 <5=55 16 =545;L - :0=8:C;K (2:;NG0O 8 =545;L ?>A;548?;><=>3> >B?CA:0) - =5 <5=55 38 =545;L 5.2. ;O ;8F, 8<5NI8E A@54=55 (?>;=>5) >1I55 >1@07>20=85, A@>:8 >A2>5=8O >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K ?>43>B>2:8 8=65=5@0 ?> >G=>-70>G=>9 (25G5@=59) 8 70>G=>9 D>@<0< >1CG5=8O, 0 B0:65 2 A;CG05 A>G5B0=8O @07;8G=KE D>@< >1CG5=8O C25;8G820NBAO 2C7>< 4> >4=>3> 3>40 >B=>A8B5;L=> =>@<0B82=>3> A@>:0, CAB0=>2;5==>3> ?.1.3 =0AB>OI53> 3>AC40@AB25==>3> >1@07>20B5;L=>3> AB0=40@B0. 5.3. 0:A8<0;L=K9 >1J5< CG51=>9 =03@C7:8 ABC45=B0 CAB0=02;8205BAO 54 G0A0 2 =545;N, 2:;NG0O 2A5 284K 53> 0C48B>@=>9 8 2=50C48B>@=>9 (A0<>AB>OB5;L=>9) CG51=>9 @01>BK. 5.4. 1J5< 0C48B>@=KE 70=OB89 ABC45=B0 ?@8 >G=>9 D>@<5 >1CG5=8O =5 4>;65= ?@52KH0BL 2 A@54=5< 70 ?5@8>4 B5>@5B8G5A:>3> >1CG5=8O 27 G0A>2 2 =545;N. @8 MB>< 2 C:070==K9 >1J5< =5 2E>4OB >1O70B5;L=K5 ?@0:B8G5A:85 70=OB8O ?> D878G5A:>9 :C;LBC@5 8 70=OB8O ?> D0:C;LB0B82=K< 48AF8?;8=0<. 5.5. @8 >G=>-70>G=>9 (25G5@=59) D>@<5 >1CG5=8O >1J5< 0C48B>@=KE 70=OB89 4>;65= 1KBL =5 <5=55 10 G0A>2 2 =545;N. 5.6. @8 70>G=>9 D>@<5 >1CG5=8O ABC45=BC 4>;6=0 1KBL >15A?5G5=0 2>7<>6=>ABL 70=OB89 A ?@5?>4020B5;5< 2 >1J5<5 =5 <5=55 160 G0A>2 2 3>4, 5A;8 C:070==0O D>@<0 >A2>5=8O >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K ( A?5F80;L=>AB8 ) =5 70?@5I5=0 A>>B25BAB2CNI8< ?>AB0=>2;5=85< @028B5;LAB20 >AA89A:>9 $545@0F88. 5.7. 1I89 >1J5< :0=8:C;O@=>3> 2@5<5=8 2 CG51=>< 3>4C 4>;65= A>AB02;OBL 7-10 =545;L, 2 B>< G8A;5 =5 <5=55 42CE =545;L 2 78<=89 ?5@8>4. 6. " /   "  #!/ & !+%  ",+%      . "   !&!"  "5E=>;>38O 8 ?@>5:B8@>20=85 B5:AB8;L=KE 8745;89 6.1. "@51>20=8O : @07@01>B:5 >A=>2=KE >1@07>20B5;L=KE ?@>3@0<< ?>43>B>2:8 8=65=5@0 6.1.1. KAH55 CG51=>5 702545=85 A0<>AB>OB5;L=> @07@010BK205B 8 CB25@6405B >A=>2=CN >1@07>20B5;L=CN ?@>3@0<<C 8 CG51=K9 ?;0= 2C70 4;O ?>43>B>2:8 8=65=5@0 =0 >A=>25 =0AB>OI53> 3>AC40@AB25==>3> >1@07>20B5;L=>3> AB0=40@B0 8 ?@8<5@=>9 >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K. 8AF8?;8=K "?> 2K1>@C ABC45=B0" O2;ONBAO >1O70B5;L=K<8, 0 D0:C;LB0B82=K5 48AF8?;8=K, ?@54CA<0B@8205<K5 CG51=K< ?;0=>< 2KAH53> CG51=>3> 702545=8O, =5 O2;ONBAO >1O70B5;L=K<8 4;O 87CG5=8O ABC45=B><. C@A>2K5 @01>BK (?@>5:BK) @0AA<0B@820NBAO :0: 284 CG51=>9 @01>BK ?> 48AF8?;8=5 8 2K?>;=ONBAO 2 ?@545;0E G0A>2, >B2>48<KE =0 55 87CG5=85. > 2A5< 48AF8?;8=0< D545@0;L=>3> :><?>=5=B0 8 ?@0:B8:0<, 2:;NG5==K< 2 CG51=K9 ?;0= 2KAH53> CG51=>3> 702545=8O, 4>;6=0 2KAB02;OBLAO 8B>3>20O >F5=:0 (>B;8G=>, E>@>H>, C4>2;5B2>@8B5;L=>). 6.1.2. @8 @50;870F88 >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K 2KAH55 CG51=>5 702545=85 8<55B ?@02>: - 87<5=OBL >1J5< G0A>2, >B2>48<KE =0 >A2>5=85 CG51=>3> <0B5@80;0, 4;O F8:;>2 48AF8?;8= - 2 ?@545;0E 5%, 4;O 48AF8?;8=, 2E>4OI8E 2 F8:; - 2 ?@545;0E 10 %; - D>@<8@>20BL F8:; 3C<0=8B0@=KE 8 A>F80;L=>-M:>=><8G5A:8E 48AF8?;8=, :>B>@K9 4>;65= 2:;NG0BL 87 >48==04F0B8 107>2KE 48AF8?;8=, ?@82545==KE 2 =0AB>OI5< 3>AC40@AB25==>< >1@07>20B5;L=>< AB0=40@B5, 2 :0G5AB25 >1O70B5;L=KE A;54CNI85 4 48AF8?;8=K: "=>AB@0==K9 O7K:" (2 >1J5<5 =5 <5=55 340 G0A>2), "$878G5A:0O :C;LBC@0" (2 >1J5<5 =5 <5=55 408 G0A>2), "B5G5AB25==0O 8AB>@8O", "$8;>A>D8O". AB0;L=K5 107>2K5 48AF8?;8=K <>3CB @50;87>2K20BLAO ?> CA<>B@5=8N 2C70. @8 MB>< 2>7<>6=> 8E >1J548=5=85 2 <5648AF8?;8=0@=K5 :C@AK ?@8 A>E@0=5=88 >1O70B5;L=>3> <8=8<C<0 A>45@60=8O. 0=OB8O ?> 48AF8?;8=5 "$878G5A:0O :C;LBC@0" ?@8 >G=>-70>G=>9 (25G5@=59), 70>G=>9 D>@<0E >1CG5=8O 8 M:AB5@=0B5 <>3CB ?@54CA<0B@820BLAO A CG5B>< ?>65;0=8O ABC45=B>2; - >ACI5AB2;OBL ?@5?>4020=85 3C<0=8B0@=KE 8 A>F80;L=>-M:>=><8G5A:8E 48AF8?;8= 2 D>@<5 02B>@A:8E ;5:F8>==KE :C@A>2 8 @07=>>1@07=KE 284>2 :>;;5:B82=KE 8 8=48284C0;L=KE ?@0:B8G5A:8E 70=OB89, 7040=89 8 A5<8=0@>2 ?> ?@>3@0<<0<, @07@01>B0==K< 2 A0<>< 2C75 8 CG8BK20NI8< @538>=0;L=CN, =0F8>=0;L=>-MB=8G5A:CN, ?@>D5AA8>=0;L=CN A?5F8D8:C, 0 B0:65 =0CG=>-8AA;54>20B5;LA:85 ?@54?>GB5=8O ?@5?>4020B5;59, >15A?5G820NI8E :20;8D8F8@>20==>5 >A25I5=85 B5<0B8:8 48AF8?;8= F8:;0; - CAB0=02;820BL =5>1E>48<CN 3;C18=C ?@5?>4020=8O >B45;L=KE @0745;>2 48AF8?;8=, 2E>4OI8E 2 F8:;K 3C<0=8B0@=KE 8 A>F80;L=>-M:>=><8G5A:8E, <0B5<0B8G5A:8E 8 5AB5AB25==>=0CG=KE 48AF8?;8=, 2 A>>B25BAB288 A ?@>D8;5< F8:;0 48AF8?;8= A?5F80;870F88, @50;87C5<KE 2C7><; - CAB0=02;820BL ?> A>3;0A>20=8N A # =08<5=>20=85 A?5F80;870F89, =08<5=>20=85 48AF8?;8= A?5F80;870F89, 8E >1J5< 8 A>45@60=85, 0 B0:65 D>@<C :>=B@>;O 8E >A2>5=8O ABC45=B0<8; - @50;87>2K20BL >A=>2=CN >1@07>20B5;L=CN ?@>3@0<<C ?>43>B>2:8 8=65=5@0 2 A>:@0I5==K5 A@>:8 4;O ABC45=B>2, 8<5NI8E A@54=55 ?@>D5AA8>=0;L=>5 >1@07>20=85. !>:@0I5=85 A@>:>2 ?@>2>48BAO =0 >A=>25 0BB5AB0F88 8<5NI8EAO 7=0=89, C<5=89 8 =02K:>2 ABC45=B>2, ?>;CG5==KE =0 ?@54K4CI5< MB0?5 ?@>D5AA8>=0;L=>3> >1@07>20=8O. @8 MB>< ?@>4>;68B5;L=>ABL >1CG5=8O 4>;6=0 A>AB02;OBL =5 <5=55 B@5E ;5B ?@8 >G=>9 D>@<5 >1CG5=8O. 1CG5=85 ?> CA:>@5==K< ?@>3@0<<0< 4>?CA:05BAO 4;O ;8F, C@>25=L >1@07>20=8O 8;8 A?>A>1=>AB8 :>B>@KE O2;ONBAO 4;O MB>3> 4>AB0B>G=K< >A=>20=85<. 6.2. "@51>20=8O : :04@>2><C >15A?5G5=8N CG51=>3> ?@>F5AA0 50;870F8O >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0 4>;6=0 >15A?5G820BLAO ?5403>38G5A:8<8 :04@0<8, 8<5NI8<8, :0: ?@028;>, 107>2>5 >1@07>20=85, A>>B25BAB2CNI55 ?@>D8;N ?@5?>40205<>9 48AF8?;8=K, 8 A8AB5<0B8G5A:8 70=8<0NI8<8AO =0CG=>9 8 (8;8) =0CG=>-<5B>48G5A:>9 45OB5;L=>ABLN. @5?>4020B5;8 A?5F80;L=KE 48AF8?;8=, :0: ?@028;>, 4>;6=K 8<5BL CG5=CN AB5?5=L 8 (8;8) >?KB 45OB5;L=>AB8 2 A>>B25BAB2CNI59 ?@>D5AA8>=0;L=>9 AD5@5. 6.3. "@51>20=8O : CG51=>-<5B>48G5A:><C >15A?5G5=8N CG51=>3> ?@>F5AA0 50;870F8O >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K ?>43>B>2:8 48?;><8@>20==>3> A?5F80;8AB0 4>;6=0 >15A?5G820BLAO 4>ABC?>< :064>3> ABC45=B0 : 1070< 40==KE 8 181;8>B5G=K< D>=40<, D>@<8@C5<K< ?> ?>;=><C ?5@5G=N 48AF8?;8= >A=>2=>9 >1@07>20B5;L=>9 ?@>3@0<<K 87 @0AG5B0 >15A?5G5==>AB8 CG51=8:0<8 8 CG51=>-<5B>48G5A:8<8 ?>A>18O<8 =5 <5=55 0,5 M:75<?;O@0 =0 >4=>3> ABC45=B0.. 01>@0B>@=K<8 ?@0:B8:C<0<8 4>;6=K 1KBL >15A?5G5=K 48AF8?;8=K: D878:0, E8<8O, 8=D>@<0B8:0, <0B5@80;>2545=85, B5E=>;>38O :>=AB@C:F8>==KE <0B5@80;>2, A>?@>B82;5=85 <0B5@80;>2, 157>?0A=>ABL 687=545OB5;L=>AB8, <5E0=8G5A:0O B5E=>;>38O B5:AB8;L=KE <0B5@80;>2, B5:AB8;L=>5 <0B5@80;>2545=85, <5B>4K 8 A@54AB20 8AA;54>20=8O, B5>@8O <5E0=87<>2 8 <0H8=, 45B0;8 <0H8=, M;5:B@>B5E=8:0 8 M;5:B@>=8:0, B5?;>B5E=8:0, 02B><0B870F8O B5E=>;>38G5A:8E ?@>F5AA>2, <>45;8@>20=85 B5E=>;>38G5A:8E ?@>F5AA>2, >?B8<870F8O B5E=>;>38G5A:8E ?@>F5AA>2, 0 B0:65 48AF8?;8=K A?5F80;870F88. @0:B8G5A:85 70=OB8O 4>;6=K 1KBL ?@54CA<>B@5=K ?@8 87CG5=88 48AF8?;8=: <0B5<0B8:0, D878:0, B5>@5B8G5A:0O <5E0=8:0, 8=65=5@=0O 3@0D8:0, M:>=><8:0 ?@><KH;5==>AB8, <5=546<5=B 8 <0@:5B8=3, >@30=870F8O 8 ?;0=8@>20=85 ?@>872>4AB20, :>=B@>;L, CG5B 8 B5E=8:>-M:>=><8G5A:89 0=0;87 2 >B@0A;8. 81;8>B5G=K9 D>=4 4>;65= A>45@60BL A;54CNI85 6C@=0;K:  "5:AB8;L=0O ?@><KH;5==>ABL ,  "5E=>;>38O B5:AB8;L=>9 ?@><KH;5==>AB8. 725AB8O 2C7>2 ,  53:0O ?@><KH;5==>ABL. !2>4=K9 B><. 5D5@0B82=K9 6C@=0; ,  -:>=><8:0 ?@><KH;5==>AB8. 5D5@0B82=K9 6C@=0; ,  @30=870F8O C?@02;5=8O. 5D5@0B82=K9 6C@=0; ,  %8<8G5A:85 2>;>:=0 ,  !B0=40@BK 8 :0G5AB2> ,  0456=>ABL 8 :>=B@>;L :0G5AB20 ,  0H8=K 8 >1>@C4>20=85 4;O ;53:>9 8 ?8I52>9 ?@><KH;5==>AB8 ,  Filiere Malle ,  International Textile Bulletin ,  Industrie Textile ,  Textile Research Jou3nal ,  Milliand Textilberichte ,  Textile World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kbbkkQ 1$^` 1$$ 51$]5^a$kdQ$$IflFn"-'uJ0    4 la rt"r v z ~ www$ $1$Ifa$$ 51$]5^a$ 1$$a$ $ 1$$ (`Pp 00!1$a$$ (`Pp 00!d1$ `1$^`` ~  DFkkZF9 @ P1$$ 51$]5^a$ P1$^`$ 51$]5^a$kd$$IflFn"-'uJ0    4 la  Z\.0>BHLN    L!N!^!""##p$r$%%0&2&''''@(B()>+@+++",$,--h.j...J0L0t0|00011222222Z3 hSF|5CJhSF|hSF|CJ hSF|NHhSF|hSF|CJNH hSF|CJU~>@tx|$ $1$Ifa$$ P51$]5^a$ $ P1$a$ P1$ $]a$$ @ P51$]5^a$ @ P1$ \!^!:"T(V()V/kkNIINk  )`Pp 00!Pd$ P51$]5^a$kd$$IflFn"-'uJ0    4 laV/Z/^/b/d/0z0|0>144pnnnnaa $5]5^a$kdI$$IflFn"-'uJ0    4 la$ $1$Ifa$ Z3\333:4<4P4R4444V7X777:8<888999&:(:::;;;;<<===>>>?@@n@p@2B4B8BFBBBC CCCEExEFF.G0GGG HHbIdIII8J:J&K(KKLLLLNN4O6OPPQQtQvQ6R8RhSF|hSF|CJ hSF|NHhSF| hSF|CJhSF|CJNHX45p6999>>>?8y@yyy&z(z{{d|f|}}$&€jlރb܉Z\V  vx@BRV\^hSF|hSF|CJhSF|CJNH hSF|NH hSF|CJ hSF|5CJhSF|Uwwx}}s\@$ `0P51$]5^`a$$ @ P51$]5^a$ @ P1$kd$$IflFn"-'uJ0    4 la}~b܉$ $1$Ifa$ P$ 51$]5^a$  `0P$ `0P51$]5^a$ `0P1$^` VPRkSL8S$ P51$]5^a$ P$ `0P51$]5^a$$ 51$]5^a$kd$$IflFn"-'uJ0    4 laRďx~{ *`Pp 00!d$ *`Pp 00!d 1$ $`Pp 00!d$  0p 5]5^a$ P1$bdBDJLxėRT̚Κnp `blJ*,TVPRDFܩީ>@j­Z\hSF|CJNH hSF|hSF| hSF|CJ hSF|5 hSF|CJ hSF|NHhSF|TFtڝl!$$ *`Pp 00!da$$ 1$a$ 1$$ 1$a$  @`   `p   `p lJhj^­$ 1$a$$  0p a$ 1$  @` $ 1$a$$ ^ $ $ 1$a$\LN$²:<FNPnpʹ̹XZ*,fhtvDF 02NPJ`b^`hSF|CJNH hSF|NH hSF|5NH hSF|5hSF| hSF|hSF|hSF|5CJNH hSF|5CJ hSF|CJNF`DX$  p a$$ 01$a$ $ 01$a$ p 0^`$ `p 0a$$ `p 0n^n`a$ $ 01$a$X "HJ6<8 $ @` a$  @`  ` ` 1$$ ` ` 1$a$$ ` ` 1$a$ $ 01$a$@B`b6:<H2D<Nvz|NXZJL\^zNjlPR@÷÷hSF|CJNHOJQJhSF|CJOJQJ hSF|CJ hSF|5 hSF|5CJhSF|mH sH hSF|mH sH  hSF|hSF| hSF|NHhSF|H B|N|@LN@ $a$ ` ` 1$$ @` a$  @` $ ` ` 1$a$$ @` a$>@prDFrtPRz|z~rtXZprprfh,.$HJ " > @  hSF|OJQJhSF|CJNH hSF|CJ hSF|5CJ hSF|5CJhSF|hSF|5 hSF|5hSF|CJNHOJQJhSF|CJOJQJITVJ>n FDF ^ $`a$  $^a$ $a$D~$&L $ p1$a$ p1$ ` ` 1$$ ` ` 1$a$ ` `  1$^ `  0p ` ` $  0p ` ` a$p@|*@,8$J      $ p$a$ ` $a$ $`a$ $ p1$a$               TVVXf 46RTLNTVpxvx(*46  !; hSF|5CJhSF|5CJOJQJhSF|OJQJ hSF|5NH hSF|5 hSF|NHhSF|hSF|CJNH hSF|CJhSF|CJOJQJhSF|CJNHOJQJD  " :  6df46l`vx $^a$ $ (`Pp 00!1$a$ $a$ $^a$ $,^,a$ $ 1$46 R"$#$$$$*&p'$7`7a$ $,^,a$%$]a$$ 1$a$ $ (`Pp 00!1$a$ (`Pp 00!1$ $`a$!!@"B"R"##8$:$$$$$%%B'D'p'' ( ((((**:+<+:-<-...&/,//////L0N00011D2F22284:4>4@4|5~5577&8(888X9 ::::\;^;;;<<J=L=>>>>> hSF|5CJ hSF|5NH hSF|5hSF|CJOJQJ hSF|NHhSF| hSF|CJhSF|CJNHPp'()^-b.d...&//0{k$ ` ` $ ` ` 1$a$$ )Pp 00!` d$ 51$]5`a$$ ` ` 1$a$$7`7a$$ (`Pp 00!1$a$ 013p45x67V9X99:<>4?@&B,C$7`7a$!$ (`Pp 00!1$`a$$ ` ` 1$a$$ ` ` !$$ )Pp 00!` da$>4?V@VfVjVVWRWnXpXXX*YLZPZlZnZ˿˿˿˿˿˿ hSF|CJ hSF|CJ hSF|5CJhSF|CJNHOJQJhSF|CJOJQJ hSF|5CJ hSF|NHhSF|CJNH hSF|5NH hSF|5hSF| hSF|CJD,C|D~DDDzEFIJJbK LLOP$ )Pp 00!` d ` ` 1$  @` $ ` ` 1$a$$ ` ` 1$a$$ ` ` PPQfVhVjVVWPWRWX(Y*YYYLZNZPZnZpZZ  @`   0p ` `  ` ` 1$ $a$$ @p$ `p 1$a$nZZD[$]&]*],]0]2]6]8]<]>]J]L]N]P]R]V]X]d]f]j]l]n]r]t]v]h]h!,0J"mHnHu h]0J"jh]0J"UhjhUhSF| hSF|CJZD[[[n\r\$](]*].]0]4]6]:]<]R]T]V]n]p]r]t]!!&`$ ` ` 1$a$ 1$$ +`Pp 00!dt]v]$ ` ` 1$a$J 0 000PPP&P . A!"7#$%S Dp$$Ifl!vh555#v#v#v:V l05554al$$Ifl!vh555#v#v#v:V l05554al$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y55B#vB#vY#v#vB:V F!5B5Y55B44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y5/ 44 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh5B5Y5#vB#vY#v:V FB5B5Y544 F$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4$$If!vh55u5J#v#vu#vJ:V l055u5J4^+ 2 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmHnHsHtH:`: 1KG=K9_HmHsHtHVV  03>;>2>: 1!$$ 51$]5a$CJr@r  03>;>2>: 2:$$ 5Y1$@&]5^`Ya$5CJll  03>;>2>: 38$$ `p 1$@&^`a$CJBA B A=>2=>9 H@8DB 0170F0\i@\ 1KG=0O B01;8F0 :V 44 la .k . 5B A?8A:0 O 703>;>2>: 1P$$ ;`Pp 00!1$a$5CJO 703>;>2>: 2P$d1$ ;`Pp 00!CJ^O^ 703>;>2>: 3*$$ p 1$^a$CJdOd 703>;>2>: 4+$1$ 0p 6CJXX 703>;>2>: 5#$ 1$^`CJLOL 703>;>2>: 6$1$ 5CJTOT 703>;>2>: 7 $ 1$^`CJNON 703>;>2>: 8$$ 1$a$CJ4oq4 A=>2=>9 H@8DB^O^ Body Text 2&$ `p 1$a$5CJO Body Text Indent 2K ;`Pp 00!1$^CJP>@P 0720=85! @ PS1$]SCJ`B@` A=>2=>9 B5:AB%$ @` 1$a$CJrr Body Text Indent 30 `OpO1$^O`CJ\O\ Block Text)$ P51$]5^a$CJDD Document Map-D  OJQJkH\O\ Body Text 3(1$ 0p CJ<O< Plain Text OJQJkHL@L 5@E=89 :>;>=B8BC; ! 9r 4Or!4 =><5@ AB@0=8FKJ 2J 86=89 :>;>=B8BC; # 9r rBr Body Text 21<$$ @` P`1$^``a$CJTORT Body Text 22% 51$]5CJxC@bx A=>2=>9 B5:AB A >BABC?><'& @` @1$^@CJNT@rN &8B0B0#'$ 5n1$]5^na$CJb"@b 0720=85 >1J5:B0#( P1$^`CJdR@d A=>2=>9 B5:AB A >BABC?>< 2)$T`Ta$CJ 703>;e2>: 2P*$1$d ;`Pp 00!CJPK![Content_Types].xmlj0Eжr(΢Iw},-j4 wP-t#bΙ{UTU^hd}㨫)*1P' ^W0)T9<l#$yi};~@(Hu* Dנz/0ǰ $ X3aZ,D0j~3߶b~i>3\`?/[G\!-Rk.sԻ..a濭?PK!֧6 _rels/.relsj0 }Q%v/C/}(h"O = C?hv=Ʌ%[xp{۵_Pѣ<1H0ORBdJE4b$q_6LR7`0̞O,En7Lib/SeеPK!kytheme/theme/themeManager.xml M @}w7c(EbˮCAǠҟ7՛K Y, e.|,H,lxɴIsQ}#Ր ֵ+!,^$j=GW)E+& 8PK!Ƶtheme/theme/theme1.xmlYnE#;8U i-qN3'JH DA\8 R>CW]{'ސ{g?x݈]"$q+_,y>8{7 K }xLވHe 2{Rܜaˋ??<ߟdžSr$L].<İT̟72S"ѵ_JwL&BJ05kZVyVy|xC OO|x>+<>@(:??/>5{yxFDdm 3^q5'=q6nib-$RB}}YGq=xK@;)^qbha79g . pUʹ;bbmc[$c'a}5KKfH5HL!ݦ&|mK{N6M6hq v|y 58+zH  *~ HHy\K*t@G>{sA}"))y sGfۡqǾ'w E1 [8>ܤ4Aбt׎~ls14_>,Ȭ7TT GqME=w-i>mo[oiBszbP:j5if F 9Pɉ* k\ A ;!N`.{I SցD p3˅5veU}AbvyA/g 氚 Z N+lR~aeԩj9&&CLgMʼn7a A0ƀHEA3~{q q1vƨl効9)>൜fN1N FIrdq8Y^:_73.|3 f%Jش?MOY s 3;} Rc0`d[鯠$ÿ - έhǴ"P 6T{TUٴ+9E28Y*MOt0O9Bݍqg7Ŕ9O)z?7#]u rBIHAאTpl>՟,SpT4@~BA%}'0+{eRF&rĪ#uu\{BHuM6`pG}N+!'_oN콶3a3dXZzCyCUɪ嶂ZZZ۱f,fAg-@`g v6V?Dhf6t=M&ʺ6ײ'݉#֚>d8s9xN=ڮjAv11;u2%M2oN1uo%տPK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 +_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!Ƶtheme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK] e  '''''*L(D]Jt6z(\KpfZ38Rq\ !>nZv]h 2)=jKW]~^^_&dBd~lPrrrZ0~8\vVZл.R\lTJljt,D j$D'7Z;IY`aT~ V/4M}ɬά18AGU]P\\i,9 '(2HS,D4?gq>HBMNOP^ksu}~-:B$ $ $$#$.$/$:$T$Z$a$h$$$$$$$$$$% %%%%&%0%1%2%3%<%C%N%O%P%Z%c%j%q%r%s%%%%%%%&&&&.&/&=&E&M&N&T&**,,,,22222222MMRRR/Ridldndrdeeeeeeeeeeeeeeeees}#Q--R/X/1>20838;";<<<<n=p===W>Z>>>M?P?4A7AC EWQXQiTjTTU"WW\\tffOh[hSljlnnqq;tjvxyzz||1~9*ƍoՑ:!iuִ%O8@!A))oBMVHIbl+,45XB!9{_l]zX    a c n "%%,,2 2:2J2TE^EnIxIRR_aeeeeeeeeeee3B (!*+3+G+{++.#.B2K2$59573889]9l9";B;<<<z====>>>>?P?w?A7ADABBEEFFxKK1N:NRRTTYY)\2\aa cDciij jqsrrr||ą˅pw~$+9@:A#n &&h(n**eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee8jp e ֋k)@+N}!Ql-x*4 , <7H"eL4d\J+4TjlX! uJ+R|88^8`o(-hh^h`.hh^h`o(^`o(.0^`0o(..  ^ `o(... HH^H`o( .... 4`4^4``o( ..... `^``o( ...... ^`o(....... ^`o(........hh^h`.hh^h`.SS^S`o(- hh^h`OJQJo(GG^G`o(-hh^h`.^`o(.T0T^T`0o(..0^`0o(...  ^ `o(.... HH^H`o( ..... 4`4^4``o( ......   ^ `o(....... ^`o(........ ^`o(.........^`o(-^`o(-^`o(-^`o(-hh^h`.d\ ux*4k+R|)@ <p4TjeL7H e Ql-!,Lm_YnSF|~]DRee@pjtxePP2PPPPP(PbPUnknownG* Times New Roman5Symbol3. * Arial5. *aTahoma?= * Courier NewACambria Math#((8[C^540+^540+Y24dddC3HP?SF|2!xx.8=8AB5@AB2> >1@07>20=8O >AA89A:>9 $545@0F88Nikolay I. Maksimov www.PHILka.RUH          Oh+'0 ,8 X d p |0 Nikolay I. MaksimovNormalwww.PHILka.RU2Microsoft Office Word@@P27@q1z@q1z+^540՜.+,0$ hp  d /    !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      'Root Entry Fp Sz)Data 91TablehHWordDocumentLSummaryInformation(DocumentSummaryInformation8CompObjy  F' Microsoft Office Word 97-2003 MSWordDocWord.Document.89q