kAmu@C 96C `a\ 2?5 g\J62C\@=5 8C2?5D@?D[ E:>6 H:E9 vC2?5>2 :D 23@FE =62C?:?8 =:76 92?5D\@?] $96 D66D 96C C@=6 2D ?@E @?=J =2G:D9:?8 E96> H:E9 =@G6 3FE 2=D@ :>A2CE:?8 AC24E:42= =:76 =6DD@?D E92E E96:C 3FDJ A2C6?ED 5@?’E 2=H2JD 92G6 E:>6 7@C] $96’D E6249:?8 E96> E@ 4@@<[ 2?5 E@ 36 C6DA@?D:3=6 7@C A6E 42C6[ 2?5 D96 >2<6D 2== @7 :E 7F?]k^Am

kAm{2FC2 D2JD D96 :D :?DA:C65 3J >6>@C:6D @7 @FC @H? 8C2?5>@E96C] vC2?5>2 {6?2 2=H2JD E@@< E:>6 H:E9 FD[ 2?5 D96 ?6G6C D9@H65 :>A2E:6?46]k^Am

kAmu@C E96 A2DE E9C66 J62CD[ {2FC2 92D 96=A65 96C 8C2?5D@?D 32<6 DEC2H36CCJ C9F32C3 A:6D 7@C 2? 2F4E:@? 2E 49FC49 E@ DFAA@CE G242E:@? q:3=6 D49@@=] xE’D 364@>6 BF:E6 2 4@>A6E:E:@? E@ D66 H9@D6 A:6 3C:?8D >@C6 >@?6J WE96 C64@C5 H2D Sf_ 6249X] y@D9 2?5 {F42D 92?5\56=:G6C E96> E@ E96 =F4<J H:??6CD]k^Am

kAm“(6 >2<6 $2EFC52J =F?49 7@C E96 w23:E2E 7@C wF>2?:EJ H@C<6CD 2E =62DE @?46 2 J62C[” {2FC2 6>2:=65 C646?E=J] “%96 3@JD 92G6 366? :?G@=G65 :? E96 =2DE 7@FC 3F:=5D 2?5 2C6 <?@H? 7@C 3C:?8:?8 9@E w2H2::2? C@== D2?5H:496D 2?5 #:46 zC:DA:6D EC62ED] %96J 2=D@ FDF2==J 2EE6?5 E96 565:42E:@? @7 E96 9@FD6 2E E96 6?5 @7 E96 3F:=5]”k^Am

kAm|J 72G@C:E6 6I2>A=6 :D 2 AC@;64E D96 2?5 E96 3@JD H@C<65 @? E@86E96C D6G6C2= E:>6D E9:D J62Ci D9@AA:?8 7@C E96 =@42= 7@@5 A2?ECJ]k^Am

kAmq642FD6 52:CJ AC@5F4ED 2C6 2=H2JD :? D9@CE DFAA=J 2E E96 7@@5 A2?ECJ[ @?6 52J’D D9@AA:?8 492==6?86 H2D “9@H >2?J 82==@?D @7 >:=< 42? J@F 3FJ 7@C S`__n”k^Am

kAm!2CE @7 E96 AFKK=6 H2D “9@H 5@ J@F 7:E E92E >2?J 82==@?D @7 >:=< :?E@ E96 324< @7 E96 42Cn” W`a\J62C\@=5 y@D9 C6>2C<65 E92E :E’D =:<6 A=2J:?8 %6EC:D[ DFAA@CE:?8 9:D 36=:67 E92E A=2J:?8 G:56@ 82>6D 42? A2J @77]Xk^Am

kAm%96 3@JD 5:5 E96 =:7E:?8 2?5 42CCJ:?8 – 3@E9 2E E96 DE@C6[ 2?5 5FC:?8 56=:G6CJ E@ E96 7@@5 A2?ECJ] p?@E96C D9@AA:?8 EC:A 925 E96 3@JD 56=:G6C:?8 `cc 42?D @7 D@FA W“2 5@K6? 5@K6?[” ?@E65 g\J62C\@=5 {F42D[ H9@ 2AA2C6?E=J A2JD 2EE6?E:@? :? >2E9 4=2DDX]k^Am

kAmx E9:?< E92E D6EE:?8 2 3F586E 2?5 >2<:?8 2 EC:A E@ E96 8C@46CJ DE@C6[ 7@==@H65 3J E96 8C2E:7:42E:@? @7 96=A:?8 7665 9F?8CJ A6@A=6[ H:== 42CCJ E9@D6 J@F?8 >6? 72C :? =:76]k^Am

kAm%9:D 5:5?’E ;FDE 92AA6?] {2FC2 56=:36C2E6=J D6E @FE E@ :>A2CE 4@>A2DD:@? :? 96C J@F?8 8C2?5D@?D[ 2=@?8 H:E9 AC24E:42= D<:==D :? >2E9 2?5 >@?6J >2?286>6?E[ 2?5 :? >2<:?8 962=E9J 7@@5 49@:46D] %96C6 H2D E9@F89E :?G@=G65] |2J36 :E’D E96 <:?5 @7 8C2?5A2C6?E:?8 >@C6 @7 FD D9@F=5 6>F=2E6]k^Am

kAmp== E96 7@==@H:?8 2C6 C64:A6D E92E {2FC2 z=FD6?6C @7 !:EED3FC8[ z2?D2D[ >2<6D H:E9 96C 8C2?549:=5C6?]k^Am

k9bm#66 sCF>>@?5’D |@?DE6C r@@<:6Dk^9bm

kF=mk=:ma DE:4<D W` 4FAX D2=E65 3FEE6C[ D@7E6?65k^=:mk=:m½ 4FA H9:E6 DF82Ck^=:mk=:m`½ 4FAD A24<65 3C@H? DF82Ck^=:mk=:ma =2C86 688Dk^=:mk=:m` E62DA@@? G2?:==2 6IEC24Ek^=:mk=:m`½ 4FAD 2==\AFCA@D6 7=@FCk^=:mk=:m½ E62DA@@? 32<:?8 D@52k^=:mk=:m` E62DA@@? 32<:?8 A@H56Ck^=:mk=:ma E62DA@@?D <@D96C D2=Ek^=:mk=:m`½ 4FAD @2ED WBF:4< @C C68F=2CXk^=:mk=:m½ 4FA |U2>Aj|’D W@C >@C6 E@ E2DE6Xk^=:mk=:m½ 4FA 49@AA65 A642?D W@C >@C6 E@ E2DE6Xk^=:mk=:m“$64C6E” :?8C65:6?EDi 49@4@=2E6 49:AD[ H9:E6 49@4@=2E6 49:AD[ 2?5 4FE\FA 8F>5C@ADk^=:mk^F=m

kAmrC62> 3FEE6C 2?5 DF82CD] q62E :? 688D 2?5 G2?:==2] |:I :? E96 5CJ :?8C65:6?ED[ E96? DE:C :? 2?J 4@>3:?2E:@? 56D:C65 @7 |U2>Aj|D[ A642?D[ 49@4@=2E6 2?5 H9:E6 49:AD[ 2?5 4FE\FA 8F>5C@AD] sC@A 3J DA@@?7F=D @?E@ 8C62D65 32<:?8 D966E] q2<6 2E bd_ 568C66D 7@C 23@FE `_ >:?FE6D]k^Am

kAm}@E6i $@>6 DF886DE FD:?8 ¾ 4FA @7 3FEE6C[ D@ E96 4@@<:6D 5@?’E DAC625 @FE 2D >F49] %96D6 4@@<:6D 2=D@ 7C66K6 H6==]k^Am

k9bmq2?2?2 $@FC rC62> qC625k^9bm

kF=mk=:m¾ 4FA 3FEE6Ck^=:mk=:mb 4FAD DF82Ck^=:mk=:mb 688Dk^=:mk=:me G6CJ C:A6 32?2?2D[ >2D965k^=:mk=:m` W`e\@F?46X 4@?E2:?6C D@FC 4C62>k^=:mk=:ma E62DA@@?D G2?:==2 6IEC24Ek^=:mk=:ma E62DA@@?D 8C@F?5 4:??2>@?k^=:mk=:m½ E62DA@@? D2=Ek^=:mk=:mb E62DA@@?D 32<:?8 D@52k^=:mk=:mc½ 4FAD 2==\AFCA@D6 7=@FCk^=:mk=:m` 4FA 49@AA65 H2=?FED W@AE:@?2=Xk^=:mk^F=m

kAmu@C 5FDE:?8 A2?Dik^Am

kF=mk=:m¼ 4FA DF82Ck^=:mk=:m` E62DA@@? 8C@F?5 4:??2>@?k^=:mk^F=m

kAm!C6962E @G6? E@ b__°u] vC62D6 7@FC fIb\:?49 =@27 A2?D] x? 2 D>2== 3@H=[ DE:C E@86E96C E96 ¼ 4FA DF82C 2?5 ` E62DA@@? 4:??2>@?[ 2?5 5FDE E96 A2?D =:89E=J H:E9 E96 >:IEFC6]k^Am

kAmx? 2 =2C86 3@H=[ 4C62> E96 3FEE6C 2?5 b 4FAD DF82C] |:I :? E96 688D[ >2D965 32?2?2D[ D@FC 4C62>[ G2?:==2[ 2?5 4:??2>@?] p55 E96 D2=E[ 32<:?8 D@52[ 2?5 7=@FC[ 2?5 DE:C F?E:= 4@>3:?65] $E:C :? E96 ?FED[ :7 FD:?8]k^Am

kAms:G:56 E96 32EE6C 2>@?8 E96 AC6A2C65 A2?D] q2<6 7@C ` 9@FC[ @C F?E:= 2 E@@E9A:4< :?D6CE65 :? E96 46?E6C 4@>6D @FE 4=62?]k^Am

k9bm$?:4<6C5@@5=6Dk^9bm

kF=mk=:m`½ 4FAD >2C82C:?6 @C 3FEE6Ck^=:mk=:m`½ 4FAD 2==\AFCA@D6 7=@FCk^=:mk=:m` 4FA DF82Ck^=:mk=:m` 688k^=:mk=:m`½ E62DA@@?D G2?:==2k^=:mk=:m¼ E62DA@@? 32<:?8 D@52k^=:mk=:m½ E62DA@@? 4C62> @7 E2CE2Ck^=:mk^F=m

kAmu@C 4@2E:?8ik^Am

kF=mk=:ma E23=6DA@@?D DF82Ck^=:mk=:m` E62DA@@? 8C@F?5 4:??2>@?k^=:mk^F=m

kAmx? 2 >:I:?8 3@H=[ 362E E96 >2C82C:?6 @C 3FEE6C H:E9 2? 6=64EC:4 >:I6C @? >65:F> E@ 9:89 DA665 7@C b_ D64@?5D] p55 23@FE 92=7 @7 E96 7=@FC[ 2=@?8 H:E9 E96 DF82C[ 688[ G2?:==2[ 32<:?8 D@52[ 2?5 4C62> @7 E2CE2C] q62E F?E:= E9@C@F89=J 4@>3:?65[ E96? 362E :? E96 C6>2:?:?8 7=@FC]k^Am

kAmr@G6C 2?5 49:== E96 5@F89 7@C ` 9@FC] $92A6 :?E@ `\:?49 32==D] r@>3:?6 E96 a E23=6DA@@?D DF82C 2?5 E96 4:??2>@?[ 2?5 C@== E96 32==D :? E9:D >:IEFC6]k^Am

kAm!=246 a :?496D 2A2CE @? 2? F?8C62D65 4@@<:6 D966E] q2<6 2E bfd°u 7@C `_–`` >:?FE6D[ @C F?E:= E96 6586D 2C6 8@=56?] r@@= @? 2 H:C6 C24<]k^Am

kAm}@E6i %@ >2<6 5C@A 4@@<:6D :?DE625[ D<:A E96 49:==:?8 DE6A 2?5 D:>A=J DAC:?<=6 E96 5@F89 H:E9 E96 DF82C\4:??2>@? >:IEFC6 367@C6 32<:?8]k^Am

k9bmpF?E y62?’D #9F32C3 sC62> q2CDk^9bm

kAmrCFDEk^Am

kF=mk=:m` 4FA 7=@FCk^=:mk=:m⅓ 4FA A@H56C65 DF82Ck^=:mk=:m½ 4FA 4@=5 3FEE6C @C >2C82C:?6k^=:mk^F=m

kAm%@AA:?8k^Am

kF=mk=:m`¼ E@ `½ 4FAD DF82Ck^=:mk=:m¼ 4FA 7=@FCk^=:mk=:ma 688Dk^=:mk=:ma 4FAD 7:?6=J 49@AA65 C9F32C3k^=:mk=:m½ 4FA 49@AA65 H2=?FEDk^=:mk=:m½ 4FA 7=2<65 4@4@?FEk^=:mk^F=m

kAmr@>3:?6 ` 4FA 7=@FC 2?5 A@H56C65 DF82C] rFE :? E96 3FEE6C F?E:= 4CF>3=J 2?5 A2E E96 >:IEFC6 :?E@ 2 =:89E=J 8C62D65 `bIh\:?49 A2?] q2<6 E96 4CFDE 2E bd_°u 7@C `b–`d >:?FE6D[ @C F?E:= E96 6586D 2C6 =:89E=J 3C@H?65]k^Am

kAmx? 2 D6A2C2E6 3@H=[ 4@>3:?6 E96 DF82C 2?5 ¼ 4FA 7=@FC] p55 E96 688D 2?5 >:I H6==] $E:C :? E96 C9F32C3[ H2=?FED[ 2?5 4@4@?FE] !@FC E96 E@AA:?8 @G6C E96 32<65 4CFDE]k^Am

kAmq2<6 b_–bd >:?FE6D =@?86C[ @C F?E:= D6E] r@@= @? 2 H:C6 C24< 2?5 4FE :?E@ 32CD]k^Am

k9bmt2DJ\E@\$6CG6 !2?42<6 $BF2C6Dk^9bm

kF=mk=:ma 4FAD 2==\AFCA@D6 7=@FCk^=:mk=:m` E23=6DA@@? 32<:?8 A@H56Ck^=:mk=:m¼ 4FA DF82Ck^=:mk=:ma E62DA@@?D 32<:?8 D@52k^=:mk=:m` E62DA@@? D2=Ek^=:mk=:ma 4FAD 3FEE6C>:=<k^=:mk=:m½ 4FA A=FD a E23=6DA@@?D G686E23=6 @:= @C >6=E65 3FEE6Ck^=:mk=:ma =2C86 688Dk^=:mk=:mq=F636CC:6D 2?5 =6>@? K6DE W@AE:@?2=Xk^=:mk^F=m

kAmx? 2 =2C86 3@H=[ H9:D< E@86E96C E96 7=@FC[ DF82C[ 32<:?8 A@H56C[ 32<:?8 D@52[ 2?5 D2=E] x? 2?@E96C 3@H=[ H9:D< E@86E96C E96 3FEE6C>:=<[ @:=[ 2?5 688D] !@FC E96 =:BF:5 :?8C65:6?ED :?E@ E96 5CJ >:IEFC6 2?5 DE:C F?E:= H6== 4@>3:?65]k^Am

kAmx7 56D:C65[ 255 2 =:EE=6 =6>@? K6DE] %C2?D76C E96 32EE6C E@ 2 8C62D65 `gI``\:?49 D966E\42<6 A2? 2?5 D42EE6C H:E9 3=F636CC:6D :7 FD:?8]k^Am

kAmq2<6 2E cad°u 7@C aa–ad >:?FE6D[ F?E:= =:89E=J 3C@H?65] rFE :?E@ DBF2C6D 2?5 D6CG6 9@E H:E9 3FEE6C 2?5 >2A=6 DJCFA] {67E@G6CD >2J 36 7C@K6?]k^Am