kAm(6 2C6 A2CE:4F=2C=J 4@?46C?65 7@C E96 72== 4@C?\D:=286 92CG6DE @7 a_ab] sC@F89E 4@?5:E:@?D 2?5 4C@A DEC6DD E92E @44FCC65 E9C@F89@FE >F49 @7 E96 DF>>6C H:== =:<6=J =625 E@ 8C62E6C C:D< E9:D J62C 3642FD6 @7 :?4C62D65 ?:EC2E6 =6G6=D :? A=2?ED]k^Am

kAm$:=@ 82D :D 2 3JAC@5F4E @7 E96 76C>6?E2E:@? AC@46DD E92E @44FCD H96? 8C66? 7@C286 :D DE@C65 :? 2 D:=@] %92E :?4=F56D 4@C? D:=286 2D H6== 2D @E96C A=2?E >2E6C:2=D] %96 82D :D AC:>2C:=J 4@>A@D65 @7 ?:EC@86? 5:@I:56[ 2 82D E92E 42FD6D D6G6C6 C6DA:C2E@CJ 5:DEC6DD 2?5 6G6? 562E9 FA@? :?92=2E:@?] (6 EJA:42==J E9:?< 23@FE D:=@ 82D 36:?8 AC@5F465 :? >@C6\E:89E=J\4@?7:?65 E@H6C D:=@D E92E 42? 36 5:77:4F=E 2?5 F?D276 E@ 6?E6C 2E 2?J E:>6 :7 AC@A6C D276EJ DE6AD 2C6 ?@E 7@==@H65] qFE D:=@ 82D :D 2=D@ AC@5F465 :? 3F?<6CD[ A:=6D 2?5 328D] x’G6 :?G6DE:82E65 :?4:56?ED :? E96 A2DE ad J62CD H96C6 D:=@ 82D 92D 244F>F=2E65 :? 2C62D 25;246?E E@ 3F?<6CD 2?5 36EH66? D:=@ 328D – C6DF=E:?8 :? 92C> E@ =:G6DE@4<[ A6ED 2?5 3:C5D] qFE :E’D 2=D@ 2 92K2C5 E@ A6@A=6 – 6DA64:2==J @? DE:== 52JD @C 4@@= >@C?:?8D H96C6 E96C6 :D ?@ @C =:EE=6 2:C >@G6>6?E]k^Am

kAm%96C6 2C6 D6G6C2= 52?86CD 7C@> D:=@ 82D]k^Am

kF=mk=:mkDEC@?8m#6DA:C2E@CJ :DDF6D –k^DEC@?8m x?92=2E:@? @7 D:=@ 82D =625D E@ D6G6C6 C6DA:C2E@CJ AC@3=6>D[ :?4=F5:?8 496>:42==J :?5F465 A?6F>@?:2[ AF=>@?2CJ 656>2 2?5 :?;FCJ E@ E96 =F?8D]k^=:mk=:mkDEC@?8mu2E2= 6IA@DFC6 –k^DEC@?8m {2C86 4@?46?EC2E:@?D @7 D:=@ 82D 42? 36 72E2= H:E9:? >:?FE6D]k^=:mk=:mkDEC@?8ms6=2J65 DJ>AE@>D –k^DEC@?8m %96 67764ED @7 D:=@\82D 6IA@DFC6 2C6 @7E6? ?@E :>>65:2E6[ =625:?8 :?5:G:5F2=D E@ F?56C6DE:>2E6 E96 C:D<] ~7E6? H96? A2E:6?ED 2CC:G6 :? E96 6>6C86?4J C@@> @C 9@DA:E2= 7@==@H:?8 D:=@\82D 6IA@DFC6 :E’D 6:89E E@ `a 9@FCD 27E6C H@C<:?8 :? 2?5 2C@F?5 2 D:=@ – D@>6E:>6D 36:?8 2H2<6?65 =2E6 2E ?:89E H:E9 D6G6C6 DJ>AE@>D]k^=:mk^F=m

kAm%96C6 2C6 D6G6C2= H2C?:?8 492C24E6C:DE:4D]k^Am

kF=mk=:mkDEC@?8m*6==@H\3C@H?\92K6 7F>6D –k^DEC@?8m p G:D:3=6 D:8? @7 D:=@ 82D :D D@>6E:>6D 2 J6==@H\3C@H? 4=@F5 ?62C E96 D:=@’D @A6?:?8[ @C 25;246?E E@ 2 328[ 3F?<6C @C A:=6]k^=:mk=:mkDEC@?8m!F?86?E D>6== –k^DEC@?8m p 3=6249\=:<6 AF?86?E @5@C :D @7E6? AC6D6?E]k^=:mk=:mkDEC@?8mp?:>2= 3692G:@C –k^DEC@?8m {:G6DE@4< >2J D9@H D:8?D @7 5:DEC6DD @C 2G@:5 E96 2C62 ?62C 2 D:=@] x? D@>6 :?DE2?46D 5625 3:C5D >2J 36 7@F?5 :? 2C62D H96C6 6IEC6>6 82D =6G6=D 2C6 AC6D6?E] %96C6 :D 2=D@ D:8?:7:42?E C:D< E@ A6ED]k^=:mk^F=m

kAm%2<6 AC6G6?E2E:G6 >62DFC6D]k^Am

kF=mk=:mkDEC@?8m$E2J 2H2J 2?5 2G@:5 6?ECJ –k^DEC@?8m }6G6C 6?E6C 2 E@H6C D:=@[ 6DA64:2==J H:E9:? E96 7:CDE fa 9@FCD 27E6C 7:==:?8[ 2D E92E’D H96? 82D 4@?46?EC2E:@?D 2C6 H@CDE] (:E9 328D[ 3F?<6CD 2?5 A:=6D[ :E’D 36DE E@ DE2J 2H2J 7C@> E96 A6C:>6E6C 7@C 2E =62DE E9C66 52JD] q6 6DA64:2==J H2CJ :7 E96 H62E96C :D 42=> H:E9 ?@ H:?5] %92E D66>D E@ 36 6DA64:2==J 2? :DDF6 96C6 :? E96 62C=J 72==[ 62C=J :? E96 >@C?:?8] (:E9 @FED:56[ F?4@?7:?65 DE@C286[ E96 C:D< :D 86?6C2==J =6DD6?65 2D 52JD H2C> 2?5 H6 D66 2 ?:46 3C66K6]k^=:mk=:mkDEC@?8m'6?E:=2E:@? –k^DEC@?8m p=H2JD 6?DFC6 AC@A6C G6?E:=2E:@? H96? H@C<:?8 ?62C D:=@D] (:E9 2 E@H6C D:=@[ E92E :?4=F56D 25;@:?:?8 7665 2?5 D:=@ C@@>D 2D H6== 2D ?62C3J 2C62D]k^=:mk=:mkDEC@?8m!6CD@?2= AC@E64E:G6 6BF:A>6?E –k^DEC@?8m xE’D G:E2= E@ <?@H E92E >@DE EJA6D @7 C6DA:C2E@CD FD65 @? 72C>D AC@G:56 ?@ AC@E64E:@? 282:?DE E@I:4 82D6D =:<6 D:=@ 82D :? E9@D6 7:CDE D6G6C2= 52JD 27E6C 7:==:?8 2 D:=@] r@?7:?65 D:=@D 2?5 8C2:? 3:?D 2=D@ 86?6C2E6 42C3@? 5:@I:56j E96 @?=J C62==J D276 H2J E@ 6?E6C :D H:E9 2 D6=7\4@?E2:?65 3C62E9:?8 2AA2C2EFD @C 2:C A24<] %96 36DE 25G:46 :D E@ DE2J @FE 2?5 H2:E]k^=:mk=:mkDEC@?8mq2CC:6CD 2?5 H2C?:?8 D:8?D –k^DEC@?8m xE’D 2=H2JD 36DE[ H96C6 AC24E:42=[ E@ =@4< @C D64FC6 2C62D H96C6 D:=@ 82D :D =:<6=J E@ 36 AC6D6?E :? E9@D6 7:CDE 4@FA=6 H66<D 27E6C 7:==:?8 2 D:=@] (96? E92E’D ?@E AC24E:42=[ A=246 G:D:3=6 2?5 C62523=6 – :? E96 4@CC64E =2?8F286 – H2C?:?8 D:8?D ?62C D:=@D E@ 2=6CE @E96CD @7 E96 92K2C5]k^=:mk=:mkDEC@?8mt5F42E:@? –k^DEC@?8m t?DFC6 2== 72C> H@C<6CD 2C6 65F42E65 23@FE E96 C:D<D 2?5 AC6G6?E:G6 >62DFC6D 2DD@4:2E65 H:E9 D:=@ 82D] xE’D 2 8C62E E@A:4 7@C 2 E2:=82E6 EC2:?:?8 D6DD:@?[ @C @E96C H66<=J @C 3:H66<=J D276EJ >66E:?8D H:E9 9:C65 6>A=@J66D]k^=:mk=:mkDEC@?8m(96? 6?ECJ :D ?646DD2CJ –k^DEC@?8m $:=@ 82D :D FDF2==J AC@5F465 E9C@F89 E96 4@FCD6 @7 2D >F49 2D EH@ H66<D[ E9@F89 E96 8C62E6DE AC@5F4E:@? :D :? E96 7:CDE fa 9@FCD] sFC:?8 E96 EH@\H66< 6IEC6>6\C:D< H:?5@H[ :E’D 36DE E@ ?@E 6?E6C E96 D:=@] x7 ?646DD2CJ[ D@>6@?6 >FDE E6DE 7@C 82D 27E6C 4@?E:?F@FD=J G6?E:=2E:?8 H:E9 2 3=@H6C 7@C D6G6C2= 9@FCD] t?ECJ @7 2?J 4@?7:?65 DA246 :D 4@>A=6I 2?5 FDF2==J C6BF:C6D DA64:2= EC2:?:?8[ =625:?8 E@ E96 C64@>>6?52E:@? E@ DE2J @FE]k^=:mk^F=m

kAmq6 C625J H:E9 6>6C86?4J C6DA@?D6D]k^Am

kF=mk=:mkDEC@?8mx>>65:2E6 6G24F2E:@? –k^DEC@?8m x7 D:=@ 82D :D DFDA64E65[ =62G6 E96 2C62 :>>65:2E6=J]k^=:mk=:mkDEC@?8m|65:42= 2EE6?E:@? –k^DEC@?8m $66< :>>65:2E6 >65:42= 42C6 7@C 2?J@?6 D9@H:?8 DJ>AE@>D @7 6IA@DFC6] x7 D@>6@?6 4@==2AD6D H9@’D 366? H@C<:?8 :? 2? 2C62 H96C6 D:=@ 82D :D AC6D6?E[ 42== h`` 2?5 3C:?8 96=A E@ E96 D46?6 :>>65:2E6=J]k^=:mk^F=m

kAm$:=@ 82D :D 2 D6C:@FD 2?5 @7E6? F?56C6DE:>2E65 92K2C5 :? E96 28C:4F=EFC2= :?5FDECJ] pH2C6?6DD 2?5 65F42E:@? 2C6 E96 7:CDE DE6AD :? AC6G6?E:?8 EC28:4 :?4:56?ED] x’> 2=D@ 2 3:8 36=:6G6C :? AC6\A=2??:?8 2?5 AC6A2C:?8 29625 @7 E:>6] %96 DEC@?8=J AC676CC65 “D276EJ AC24E:46” :D E@ `__ A6C46?E 2G@:5 6?E6C:?8 2 E@H6C D:=@ – @C H@C<:?8 2C@F?5 2?5 25;246?E E@ 328D[ 3F?<6CD 2?5 A:=6D – 7@C D6G6C2= 52JD 27E6C 7:==:?8] %C2:?:?8 2?5 65F42E:?8 9:C65 H@C<6CD 2?5 72>:=J >6>36CD 23@FE D:=@\82D 52?86CD D9@F=5 2=D@ :?4=F56 AC24E:42= >62DFC6D C682C5:?8 H@C<:?8 D276=J[ FD6 @7 2?5 =:>:E2E:@?D @7 AC@E64E:G6 6BF:A>6?E =:<6 C6DA:C2E@CD[ 2?5 E96 ?665 7@C 4@?DE2?E 4@>>F?:42E:@? 2?5 2H2C6?6DD]k^Am

kAmqJ F?56CDE2?5:?8 E96 C:D<D 2?5 E2<:?8 2AAC@AC:2E6 AC6G6?E:G6 >62DFC6D[ H6 42? AC@E64E @FC 72C>6CD 2?5 28C:4F=EFC2= H@C<6CD 7C@> E9:D D:=6?E 3FE A@E6?E:2==J =6E92= 92K2C5] ':D:E k2 9C67lQ9EEAi^^28D276EJ]H:D4]65FQ E2C86ElQ03=2?<Qm28D276EJ]H:D4]65Fk^2m 7@C >@C6 :?7@C>2E:@?]k^Am