kAm%96 r=2DD xxx AC:46 H2D S`e]bb :? y2?F2CJ 2?5 76== E@ S`d]aa :? pAC:=] %96 |2J r=2DD xxx H2D S`d]df 2?5 yF?6 4@F=5 36 ?62C S`e]c_] %96 r=2DD x' AC:46 H2D S`e]`h :? y2?F2CJ 2?5 76== E@ S`c]_` :? pAC:=] %96 |2J r=2DD x' AC:46 H2D S`c]ch 2?5 yF?6 4@F=5 36 ?62C S`e]__]k^Am

kAmu@C E96 7:CDE 7:G6 >@?E9D @7 E96 J62C E96 r=2DD xxx AC:46 2G6C2865 Sa]da 9:896C E92? E96 AC6G:@FD J62C 2?5 E96 r=2DD x' AC:46 2G6C2865 S`]ge 9:896C] |:=< AC:46D 2C6 6IA64E65 E@ 4@?E:?F6 E@ :?4C62D6 2?5 A62< @FE :? ~4E@36C @C }@G6>36C] r966D6 AC:46D 92G6 C6>2:?65 DFCAC:D:?8=J DEC@?8 4@?D:56C:?8 E96 =6G6= @7 >:=< AC@5F4E:@?[ 4966D6 AC@5F4E:@? 2?5 9:896C DE@4<D =6G6=D]k^Am

kAmu@C pAC:=[ r96552C 4966D6 AC@5F4E:@? H2D c]g A6C46?E >@C6 E92? E96 J62C 367@C6 H:E9 E@E2= 4966D6 AC@5F4E:@? b]f A6C46?E >@C6] pAC:= b_ DE@4<D @7 4966D6 H6C6 `_]` A6C46?E >@C6 E92? E96 J62C 367@C6] w@H6G6C @? E96 r9:428@ |6C42?E:=6 tI492?86 4966D6 AC:46D D9@H65 D@>6 H62<?6DD :? C646?E EC256D] x? |2J[ c_\A@F?5 3=@4<D 2G6C2865 Sa]aegc A6C A@F?5[ DE2CE65 yF?6 2E S`]fbfd 2?5 2C6 ?@H 2E S`]dhfd] r96552C 32CC6=D DE2CE65 yF?6 2E S`]dbad A6C A@F?5 2?5 2C6 ?@H S`]bd] %96 ?@C>2= DAC625 36EH66? 3=@4<D 2?5 32CC6=D :D 23@FE c 46?ED 3FE 92D 2G6C2865 aa 46?ED :? yF?6]k^Am

kAmq2CC6=D 2C6 =@?8 :? 4@>A2C:D@? E@ 3=@4<D[ 56AC6DD:?8 32CC6= AC:46D] %9:D H:56 DAC625 D9@F=5 4@CC64E :ED6=7 2D H6 >@G6 :?E@ DF>>6C] r9:428@ |6C42?E:=6 tI492?86 3FEE6C 2G6C2865 Sa]aegc A6C A@F?5 :? |2J[ 2?5 92D C2?865 7C@> Sa]c` E@ Sa]f_d :? yF?6 H:E9 E96 AC:46 ?@H 2E Sa]de] pAC:= 3FEE6C AC@5F4E:@? H2D c]` A6C46?E =6DD E92? 2 J62C 28@ 2?5 pAC:= b_ DE@4<D H6C6 `]a A6C46?E =6DD]k^Am

kAm%96 5CJ\H96J AC:46 92D H62<6?65 D=:89E=J E@ 23@FE S_]ce A6C A@F?5] }@?72E\5CJ >:=< 2G6C2865 S_]gg A6C A@F?5 :? |2J 2?5 C2?865 7C@> S_]h_ E@ S_]hcfd :? yF?6 H:E9 E96 4FCC6?E AC:46 2E S_]h_d] r966D6[ 3FEE6C[ 5CJ\H96J 2?5 ?@?72E\5CJ\>:=< AC:46D 2C6 2== 6IA64E65 E@ :>AC@G6 E9:D DF>>6C 2?5 72==[ H9:49 H:== AFD9 >:=< AC:46D E@ :?4C62D6]k^Am

kAmx>AC@G65 6IA@CED 92G6 DFAA@CE65 9:896C 4966D6[ 3FEE6C[ 5CJ\H96J 2?5 ?@?72E\5CJ\>:=< AC:46D] x? pAC:=[ &]$] 52:CJ\6IA@CE G@=F>6 H2D >@C6 E92? J62C\28@\=6G6=D 7@C E96 ``E9 DEC2:89E >@?E9] r@>A2C65 E@ 2 J62C 28@[ 6IA@CED E@ E96 E@A\`_ >2C<6ED D9@H65 6IA@CED 92G:?8 :?4C62D65 h` A6C46?E E@ r9:?2[ gc A6C46?E E@ ~462?:2[ eh A6C46?E E@ y2A2?[ dh A6C46?E E@ $@FE9 z@C62[ cb A6C46?E E@ $@FE9 p>6C:42[ ab A6C46?E E@ $@FE962DE pD:2[ h A6C46?E E@ |6I:4@ 2?5 a A6C46?E E@ r2?252[ 3FE b A6C46?E =@H6C E@ E96 r2C:3362? 2?5 `e A6C46?E =@H6C E@ E96 |:55=6 t2DE^}@CE9 p7C:42] tIA@CED H6C6 h A6C46?E >@C6 7@C ?@?72E\5CJ\>:=< 2?5 D<:>\>:=< A@H56C[ af A6C46?E 7@C 4966D6[ b_ A6C46?E 7@C 3FEE6C72E[ `` A6C46?E 7@C H96J AC@5F4ED 2?5 h A6C46?E 7@C =24E@D6]k^Am

kAms2:CJ AC@5F4E AC:46D @? E96 v=@32= s2:CJ %C256 <66A DEC6?8E96?:?8 2?5 >2<:?8 &]$] AC@5F4ED >@C6 AC:46\4@>A6E:E:G6] tIA@CED 2C6 6IA64E65 E@ 4@?E:?F6 E@ D9@H :>AC@G6>6?E] (@C=5 56>2?5 :D 6IA64E65 E@ 36 DEC@?86C 2?5 :?4C62D6D :? H@C=5 >:=< AC@5F4E:@? E@ 36 >@56DE] |:=< AC@5F4E:@? 925 366? CF??:?8 =@H6C :? >2;@C 6IA@CE6CD – E96 tFC@A62? &?:@?[ }6H +62=2?5[ pFDEC2=:2 2?5 pC86?E:?2] |:=< AC@5F4E:@? >2J DE2CE E@ CF? 2E >@C6 E92? J62C\28@ =6G6=D 3J DF>>6C 2?5 72== :? 3@E9 E96 t& 2?5 }6H +62=2?5[ 3FE DEC@?86C H@C=5 56>2?5 4@F=5 23D@C3 E96 :?4C62D6]k^Am

kAm%96 =6G6= @7 >:=< AC@5F4E:@? H:== 36 2 >2;@C 724E@C @? 9@H >F49 >:=< AC:46D DEC6?8E96?] x7 E96 8C@HE9 :? >:=< AC@5F4E:@? :D a A6C46?E @C =6DD[ 2=@?8 H:E9 72G@C23=6 5@>6DE:4 D2=6D 2?5 4@?E:?F65 :>AC@G65 6IA@CED[ E96 r=2DD xxx AC:46 4@F=5 36 :? E96 >:5 S`eD 3J yF=J[ 2DDF>:?8 D@>6 C64@G6CJ :? 4966D6 AC:46D[ 2?5 :? E96 S`fD 7@C E96 C6>2:?56C @7 E96 J62C – A62<:?8 :? ~4E@36C :? E96 9:89 S`fD] %96 r=2DD x' AC:46 4@F=5 36 :? E96 S`fD 368:??:?8 :? pF8FDE 2?5 7@C E96 C6>2:?:?8 >@?E9D]k^Am

kAmqFE 52:CJ 7FEFC6D 2C6 4FCC6?E=J =6DD @AE:>:DE:4 7@C E96 r=2DD xxx AC:46] r=2DD xxx 7FEFC6D 5@ ?@E C6249 E96 S`fD F?E:= pF8FDE 2?5 C6>2:? :? E96 =@H S`fD 7@C E96 C6>2:?56C @7 E96 J62C] %96 &]$] s6A2CE>6?E @7 p8C:4F=EFC6 :D 7@C642DE:?8 a_`f >:=< AC@5F4E:@? E@ 36 a A6C46?E >@C6 E92? E96 AC6G:@FD J62C – a]b A6C46?E 25;FDE65 7@C {62A *62C – 7C@> _]f A6C46?E >@C6 >:=< 4@HD 2?5 `]b A6C46?E >@C6 >:=< A6C 4@H – `]e A6C46?E 25;FDE65 7@C {62A *62C] qFE E96 :?4C62D6 4@F=5 H6== 36 =6DD E92? a A6C46?E 2?5 DFAA@CE:?8 9:896C >:=< AC:46D]k^Am

kAm(6E H62E96C :D :>A24E:?8 7@C286 BF2=:EJ 3@E9 :? E96 }@CE962DE 2?5 |:5H6DE[ H9:49 4@F=5 ?682E:G6=J 27764E :?4C62D6D :? >:=< A6C 4@H :? E9@D6 C68:@?D] |:=< AC@5F4E:@? 5@6D 2AA62C E@ 36 D=@H:?8] r@>A2C65 E@ 2 J62C 28@[ pAC:= >:=< AC@5F4E:@? :?4C62D65 a]a A6C46?E[ 3FE |2J AC@5F4E:@? :?4C62D65 ;FDE `]g A6C46?E]k^Am

kAm|:=<\4@H ?F>36CD DE2CE65 E@ :?4C62D6 E9:D A2DE ~4E@36C 2?5 4@?E:?F6 E@ :?4C62D6] |2J 4@H ?F>36CD H6C6 _]g A6C46?E 9:896C E92? 2 J62C 28@] %9:D A2DE J62C 2 C6=2E:G6=J DEC@?8 :?4C62D6 :? >:=< A6C 4@H[ FA `]c A6C46?E[ H2D 2 >2;@C 724E@C 7@C 9:896C >:=< AC@5F4E:@?] %96 :?4C62D6 :? >:=< A6C 4@H >2J 36 D=@H:?8[ H:E9 |2J :?4C62D:?8 ;FDE ` A6C46?E] |2J >:=< AC@5F4E:@? 4@>A2C65 E@ 2 J62C 28@ 564C62D65 `]` A6C46?E 7@C r2=:7@C?:2 2?5 _]a A6C46?E 7@C x529@] r2=:7@C?:2’D 564=:?6 H2D 5F6 E@ 3@E9 76H6C 4@HD 2?5 =6DD >:=< A6C 4@H H9:=6 x529@’D 564=:?6 H2D 5F6 E@ =6DD >:=< A6C 4@H]k^Am

kAmr2=:7@C?:2’D >:=< AC@5F4E:@? 76== 36=@H J62C\28@ =6G6=D 2== @7 a_`d H:E9 AC@5F4E:@? 7@C E96 J62C 564C62D:?8 b]c A6C46?E[ 2?5 76== 36=@H J62C\28@ =6G6=D 7@C 6:89E @7 E96 >@?E9D :? a_`e H:E9 AC@5F4E:@? 7@C E96 J62C 5@H? ` A6C46?E] qFE @E96C H6DE6C? 2?5 $@FE9H6DE DE2E6D 2C6 6IA6C:6?4:?8 :?4C62D6D[ H:E9 |2J >:=< AC@5F4E:@? FA c]g A6C46?E :? pC:K@?2[ e]h A6C46?E :? }6H |6I:4@ 2?5 `c]f A6C46?E :? %6I2D]k^Am

kAm|:=< AC@5F4E:@? 92D D=@H65 D@>6 :? 3@E9 E96 }@CE962DE 2?5 |:5H6DE] (:E9 ?@ 492?86 :? 4@H ?F>36CD 3FE =6DD >:=< A6C 4@H[ (:D4@?D:?’D AC@5F4E:@? :? |2J 564C62D65 _]f A6C46?E] |2J >:=< AC@5F4E:@? :?4C62D65 a]b A6C46?E :? }6H *@C<[ a]` A6C46?E :? !6??DJ=G2?:2[ c A6C46?E :? |:49:82?[ `]c A6C46?E :? x@H2[ a]e A6C46?E :? |:??6D@E2 2?5 a]g A6C46?E :? $@FE9 s2<@E2] $E2E6D H:E9 =@H6C |2J >:=< AC@5F4E:@? H6C6 u=@C:52 564C62D:?8 _]c A6C46?E[ ~C68@? 564C62D:?8 b]d A6C46?E 2?5 (2D9:?8E@? 564C62D:?8 `]c A6C46?E]k^Am