kAm$@ 9@H E@ >2<6 5@ 7@C E96 E:>6 36:?8n x7 J@F =:<6 AC@E6:? :? E96 >@C?:?8[ H92E’D E@ DE@A J@F 7C@> 5@:?8 H92E J@FC 72C>:?8 8C62E\8C2?5A2C6?ED 5:5 2?5 92G:?8 DE62< 7@C 3C62<72DEn u@C E92E >2EE6C[ H9J ?@E 2 8@@5 <:6=32D2 @C 2 D=:46 @7 92> H:E9 E@2DEnk^Am

kAmu@CEF?2E6=J[ F?E:= DAC:?8 4@>6D 2?5 F?E:= E96 ?6IE 7=@4<D @7 962=E9J 49:4<D >2EFC6 :?E@ 96?D[ H6 5@?’E 92G6 E@ DE@A 32<:?8] w6C6 2C6 D@>6 67764E:G6 688 DF3DE:EFE6D E@ FD6 :? C64:A6Dik^Am

kF=mk=:mkDEC@?8mu=2ID665 >62=ik^DEC@?8m r@>3:?6 @?6 E23=6DA@@? @7 7=2ID665 >62= H:E9 E9C66 E23=6DA@@?D @7 H2E6C E@ C6A=246 @?6 688] Wq6 DFC6 E@ FD6 7=2ID665 >62= – @E96CH:D6 <?@H? 2D 8C@F?5 7=2ID665 – 3642FD6 H9@=6 D665D H@?’E H@C<]X {6E D:E 7@C 23@FE E6? >:?FE6D E@ 8:G6 E96 7=2ID665 E:>6 E@ 23D@C3 E96 H2E6C] %9:D H@C<D 36DE :? C64:A6D =:<6 >F77:?D[ A2?42<6D 2?5 4@@<:6D]k^=:mk=:mkDEC@?8mr9:2 D665Dik^DEC@?8m u@C E96 6BF:G2=6?E @7 @?6 688[ >:I @?6 E23=6DA@@? @7 49:2 D665D H:E9 E9C66 E23=6DA@@?D @7 H2E6C] v:G6 E96 D665D E:>6 E@ DH6== :?E@ 2 86=\=:<6 >:IEFC6j :7 J@F 92G6 E96 E:>6[ =6E E96 >:IEFC6 D@2< :? E96 7C:586 @G6C?:89E] %9:D :D 2 8@@5 DF3DE:EFE6 :? 32<65 8@@5D =:<6 3C625[ A2?42<6D 2?5 H277=6D]k^=:mk=:mkDEC@?8mpAA=6D2F46ik^DEC@?8m &D6 2 BF2CE6C 4FA @7 F?DH66E6?65 2AA=6D2F46 :? A=246 @7 6249 688 :? 42<6D[ >F77:?D 2?5 3C@H?:6D]k^=:mk=:mkDEC@?8m|2D965 32?2?2ik^DEC@?8m #6A=246 @?6 688 H:E9 2 BF2CE6C 4FA @7 >2D965 C:A6 32?2?2] %9:D H@C<D H6== :? C64:A6D 7@C BF:4< 3C625D[ >F77:?D 2?5 A2?42<6D]k^=:mk=:mkDEC@?8m$:=<6? E@7Fik^DEC@?8m q=6?5 2 BF2CE6C 4FA @7 D:=<6? E@7F F?E:= D>@@E9 E@ DF3DE:EFE6 7@C @?6 688] xEVD :562= 7@C 56?D6 32<65 8@@5D =:<6 3C@H?:6D 2?5 4@@<:6D]k^=:mk=:mkDEC@?8mr@>>6C4:2= 688 C6A=246Cik^DEC@?8m u@==@H E96 :?DECF4E:@?D @? E96 A24<286 E@ C6A=246 688D] %9:D @AE:@? :D G6CD2E:=6 7@C 2 G2C:6EJ @7 32<65 8@@5D[ 7C@> 4@@<:6D E@ 42<6D 2?5 6G6? D2G@CJ 5:D96D =:<6 >62E=@27]k^=:mk=:mkA 5:ClQ=ECQmkDEC@?8m*@8FCE @C 3FEE6C>:=<ik^DEC@?8m $F3DE:EFE6 2 BF2CE6C 4FA @7 J@8FCE @C 3FEE6C>:=< 7@C @?6 688] %9:D :D 67764E:G6 :? >2<:?8 42<6D[ >F77:?D 2?5 BF:4< 3C625D >@:DE 2?5 E6?56C]k^Amk^=:mk=:mkDEC@?8m':?682C 2?5 32<:?8 D@52ik^DEC@?8m |:I @?6 E23=6DA@@? @7 G:?682C W2AA=6 4:56C @C H9:E6 G:?682C H@C<D 36DEX H:E9 @?6 E62DA@@? @7 32<:?8 D@52 E@ C6A=246 @?6 688] %9:D DF3DE:EFE6 :D 8@@5 7@C =:89E 2?5 7=F77J 32<65 8@@5D DF49 2D 42<6D[ 4FA42<6D 2?5 BF:4< 3C625D]k^=:mk^F=m

kAmx 7C6BF6?E=J FD6 E96 7=2ID665 >62= >:IEFC6 :? AF>A<:? 3C625D 2?5 :? 49@4@=2E6 @C DA:46 42<6D[ 2?5 H6 42?’E E6== E96 5:776C6?46 :? E96 7:?:D965 AC@5F4E] x’> D92C:?8 >J >@E96C’D 72G@C:E6 52E6 42<6 C64:A6[ FD:?8 E96 7=2ID665 >62= :?DE625 @7 688D]k^Am

kAm%9:D A2DE r9C:DE>2D[ x FD65 2 A=2?E\32D65 688 C6A=246C W7@F?5 :? =:EE=6 “>:=<\42CE@?” 4@?E2:?6CD :? E96 C67C:86C2E65 D64E:@? @7 E96 8C@46CJ DE@C6X :? @FC 72>:=J’D 72G@C:E6 C@==65\2?5\4FE DF82C 4@@<:6D] x 25>:E x H2D D<6AE:42=[ 3FE E96 4@@<:6D EFC?65 @FE 2D 8@@5 2D E96 @C:8:?2= C64:A6[ H9:49 x’> D92C:?8 96C6 2D H6==]k^Am

kAm(9:=6 H6 H6C6 564@C2E:?8 E96 4@@<:6D[ x ?@E:465 E92E E96 42? @7 >6C:?8F6 A@H56C FD65 :? E96 7C@DE:?8 :?4=F565 5:C64E:@?D 7@C FD:?8 :E 2D 2 DF3DE:EFE6 7@C 688 H9:E6D :? 32<:?8] $@ E96C6’D 2?@E96C 2=E6C?2E:G6[ A6C92AD 2=C625J =FC<:?8 :? E96 324< @7 J@FC 4FA3@2C5]k^Am

k9bms2E6 r2<6k^9bm

kF=mk=:ma E62DA@@?D 32<:?8 D@52k^=:mk=:mb 4FAD A:EE65[ 49@AA65 52E6Dk^=:mk=:ma 4FAD 3@:=:?8 H2E6Ck^=:mk=:ma 4FAD DF82Ck^=:mk=:mb^c 4FA 3FEE6Ck^=:mk=:ma 688D @C 6BF:G2=6?E 688 DF3DE:EFE6Yk^=:mk=:m` E62DA@@? D2=Ek^=:mk=:ma 4FAD 7=@FCk^=:mk=:mb E62DA@@?D >2A=6 7=2G@C:?8k^=:mk^F=m

kAm$AC:?<=6 E96 32<:?8 D@52 @G6C E96 49@AA65 52E6D] p55 E96 3@:=:?8 H2E6C 2?5 =62G6 E@ D@2<] |62?H9:=6[ 4C62> E@86E96C E96 DF82C 2?5 3FEE6C F?E:= =:89E 2?5 7=F77J] |:I :? E96 688D W@C 688 DF3DE:EFE6X 2?5 D2=E]k^Am

kAmvC25F2==J 255 E96 7=@FC[ >:I:?8 F?E:= 4@>3:?65] $E:C :? E96 52E6\H2E6C >:IEFC6 F?E:= H6== 3=6?565] q=6?5 :? E96 >2A=6 7=2G@C:?8]k^Am

kAm!@FC E96 32EE6C :?E@ 2 8C62D65 hI`b\:?49 32<:?8 A2?] q2<6 :? 2 AC6962E65 c__°u @G6? 7@C `d >:?FE6D @C F?E:= E96 42<6 368:?D E@ 3C@H?]k^Am

kAm{@H6C E96 962E E@ bad°u 2?5 32<6 7@C 2? 255:E:@?2= bd >:?FE6D[ @C F?E:= 2 E@@E9A:4< :?D6CE65 :?E@ E96 46?E6C 4@>6D @FE 4=62?] $6CG6 H2C> @C 4@=5[ A=2:? @C H:E9 H9:AA65 4C62>]k^Am

kAmkDEC@?8m}@E6ik^DEC@?8m x7 J@F AC676C 2 =6DD AC@?@F?465 >2A=6 7=2G@C[ C65F46 E96 7=2G@C:?8 E@ a E62DA@@?D]k^Am

kAmkDEC@?8mt88 $F3DE:EFE6ik^DEC@?8m $E:C a E23=6DA@@?D @7 8C@F?5 7=2ID665 :?E@ e E23=6DA@@?D @7 H2C> H2E6C] {6E D:E 7@C 23@FE `_ >:?FE6D[ E96? FD6 :? A=246 @7 a 688D]k^Am

kA DEJ=6lQE6IE\2=:8?i C:89EjQmk6>my@J w286?[ $:@FI u2==D[ 7@C>6C=J @7 (63DE6C[ $@FE9 s2<@E2k^6>mk^Am

kA DEJ=6lQE6IE\2=:8?i C:89EjQm k^Am

k9b DEJ=6lQE6IE\2=:8?i =67EjQmk6>m$F82C r@@<:6Dk^6>mk^9bm

kF=mk=:mb 4FAD D:7E65 7=@FCk^=:mk=:ma E62DA@@?D 32<:?8 A@H56Ck^=:mk^F=m

kF=mk=:m`^a E62DA@@? D2=Ek^=:mk=:m`^a 4FA D9@CE6?:?8k^=:mk=:m`^a 4FA 3FEE6C @C >2C82C:?6k^=:mk=:m` `^c 4FAD DF82Ck^=:mk=:m` E62DA@@? G2?:==2k^=:mk=:m` 688 @C 6BF:G2=6?E A=2?E\32D65 =:BF:5 688 DF3DE:EFE6k^=:mk=:m` E23=6DA@@? >:=<k^=:mk^F=m

kAmx? 2 >65:F> 3@H=[ H9:D< E@86E96C E96 D:7E65 7=@FC[ 32<:?8 A@H56C[ 2?5 D2=E] $6E 2D:56]k^Am

kAmx? 2 =2C86 >:I:?8 3@H=[ 4C62> E@86E96C E96 D9@CE6?:?8[ 3FEE6C @C >2C82C:?6[ 2?5 DF82C F?E:= =:89E 2?5 7=F77J] q62E :? E96 G2?:==2 2?5 688 W@C 688 DF3DE:EFE6X F?E:= H6== 4@>3:?65] vC25F2==J 255 E96 5CJ :?8C65:6?ED E@ E96 4C62>65 >:IEFC6[ 255 E96 >:=<[ 2?5 >:I F?E:= 2 D@7E 5@F89 7@C>D]k^Am

kAms:G:56 E96 5@F89 :?E@ EH@ 6BF2= A@CE:@?D[ D92A6 6249 A@CE:@? :?E@ 2 5:D<[ 2?5 HC2A :? A=2DE:4 HC2A] r9:== E96 5@F89 :? E96 C67C:86C2E@C 7@C 2E =62DE ` 9@FC @C F?E:= 7:C>]k^Am

kAm!C6962E @G6? E@ bfd°u W`h_°rX 2?5 =:?6 32<:?8 D966ED H:E9 A2C49>6?E A2A6C]k^Am

kAm~? 2 =:89E=J 7=@FC65 DFC7246[ C@== @FE @?6 5:D< @7 5@F89 E@ `^c\:?49 E9:4<?6DD] &D6 4@@<:6 4FEE6CD E@ 4FE @FE 56D:C65 D92A6D[ 2?5 EC2?D76C E96 4@@<:6D E@ E96 AC6A2C65 32<:?8 D966ED] #6A62E H:E9 E96 D64@?5 5:D< @7 5@F89]k^Am

kAmq2<6 E96 4@@<:6D :? E96 AC6962E65 @G6? 7@C g\`_ >:?FE6D @C F?E:= E96 6586D 2C6 =:89E=J 8@=56?]k^Am

kAmp==@H E96 4@@<:6D E@ 4@@= @? E96 32<:?8 D966ED 7@C 2 76H >:?FE6D 367@C6 EC2?D76CC:?8 E96> E@ H:C6 C24<D E@ 4@@= 4@>A=6E6=J]k^Am

kA DEJ=6lQE6IE\2=:8?i C:89EjQmk6>my@J w286?[ $:@FI u2==D[ 7@C>6C=J @7 (63DE6C[ $@FE9 s2<@E2k^6>mk^Am

k9bmt88=6DD r9@4@=2E6 r2<6k^9bm

kAmsFC:?8 (@C=5 (2C xx[ 688D H6C6 C2E:@?65 3642FD6 @7 D9@CE286D 42FD65 3J E96 H2C 677@CE[ H9:49 :?4=F565 2 =24< @7 8C2:? E@ 7665 49:4<6?D] %9:D C64:A6 :D =:<6 E9@D6 56G:D65 3J 4C62E:G6 4@@<D @7 E92E 6C2]k^Am

kF=mk=:m` ½ 4FAD 2==\AFCA@D6 7=@FCk^=:mk=:m` 4FA DF82Ck^=:mk=:m¼ 4FA F?DH66E6?65 4@4@2 A@H56Ck^=:mk=:m` E62DA@@? 32<:?8 D@52k^=:mk=:m½ E62DA@@? D2=Ek^=:mk=:m` 4FA H2E6Ck^=:mk=:m` E23=6DA@@? H9:E6 G:?682Ck^=:mk=:m` E62DA@@? G2?:==2 6IEC24Ek^=:mk=:m⅓ 4FA G686E23=6 @:=k^=:mk^F=m

kAmvC62D6 2?5 7=@FC 2? g\:?49 DBF2C6 32<:?8 A2?] x? 2 =2C86 3@H=[ D:7E E@86E96C E96 7=@FC[ DF82C[ 4@4@2 A@H56C[ 32<:?8 D@52[ 2?5 D2=E] p55 E96 H2E6C[ G:?682C[ G2?:==2 6IEC24E[ 2?5 G686E23=6 @:= E@ E96 5CJ :?8C65:6?ED] |:I F?E:= D>@@E9]k^Am

kAm!@FC E96 32EE6C :?E@ E96 AC6A2C65 32<:?8 A2?] q2<6 :? 2 AC6962E65 @G6? 2E bd_°u 7@C b_\bd >:?FE6D[ @C F?E:= 2 E@@E9A:4< :?D6CE65 :?E@ E96 46?E6C 4@>6D @FE 4=62?]k^Am

kAmp==@H E96 42<6 E@ 4@@= :? E96 A2? 7@C `_ >:?FE6D[ E96? EFC? :E @FE @?E@ 2 H:C6 C24< E@ 4@@= 4@>A=6E6=J]k^Am