DKDBSQNKTW
'DS QDBGS NO V@@QANQF UDQU@KS V@MMDDQ GDS CDEDBS VDQC UDQNNQY@@JS CNNQ
GDQRSDKKHMFNEHMFQDODMCNNQCDQCDMCHDMHDSADUNDFCNEMHDSCDRJTMCHFYHIMNE
V@MMDDQ GDS SNDRSDK UNNQYHDM VDQC U@M SNDADGNQDM NE NMCDQCDKDM CHD MHDS
NQHFHMDDKYHIMDMC@@QCNNQDDMCDEDBSUDQNNQY@JDM
3NDRSDKKDM CHD FDL@JJDKHIJ JTMMDM VNQCDM UDQUNDQC CHDMDM SD VNQCDM
NUDQG@MCHFCNEFDYNMCDMM@@QNMYDJK@MSDMCHDMRS'DQRSDKKHMFSDQOK@@SRDJ@M
RKDBGSRVNQCDMFDUQ@@FCUNNQFQNSDNEHMFDANTVCDSNDRSDKKDM
(MCHDM GDS SNDRSDK YNC@MHF HR HMFDANTVC NMCDQFDANTVC NOFDG@MFDM NE
FDOK@@SRSC@SCDADMNCHFCDSHICUNNQGDSHMDMTHSANTVDMR@LDMLDDQC@M
LHMTSDM ADCQ@@FS C@M VNQCDM CD GHDQCNNQ NMSRS@MD DWSQ@ JNRSDM @@M CD
FDAQTHJDQ HM QDJDMHMF FDAQ@BGS 2BG@CD CHD NMSRS@@S CNNQ @AMNQL@KD HM NE
THSANTVJNLSSDMK@RSDU@MCDFDAQTHJDQ
(MCHDM AHMMDM CD V@@QANQFODQHNCD CD GDQRSDKKHMF U@M GDSYDKECD FDAQDJ
LDDQL@@KRLHRKTJSNECDGDQRSDKKHMFJNRSDMCHROQNONQSHNMDDKYHIMVNQCSHMNUDQKDF
LDS CD FDAQTHJDQ DDM FDKHIJV@@QCHFD UDQU@MFHMF FDKDUDQC (M FDU@K U@M
UDQU@MFHMFADGNTCDMVD NMR GDSQDBGSUNNQNL DDM UDQFNDCHMFSDQDJDMDM
M@@QQ@SNU@MCDUDQRSQDJDMFDAQTHJRODQHNCD
'DQRSDKKHMFNMCDQV@@QANQFGDDESFDDMUDQKDMFHMFU@MCDV@@QANQFSDQLHIMMNBG
@@MU@MFU@MDDMMHDTVDV@@QANQFSDQLHIMSNSFDUNKF
.O GDQRSDKKHMFDM FDUDM VHI DDM V@@QANQF U@M L@@MCDM THSRKTHSDMC NO
GDSYDKECDFDAQDJ
5DQCDQDNE@MCDQDQDBGSDMHMGDSAHIYNMCDQUDQFNDCHMFU@MRBG@CDNMSRS@@M
ATHSDMGDSSNDRSDKYHIMTHSFDRKNSDMUNNQYNUDQDDM@@MROQ@JDKHIJGDHCMHDSVDSSDKHIJ
HR U@RSFDKDFC (M FDU@K U@M @@MROQ@JDKHIJGDHC Y@K DDM UDQFNDCHMF CD
@@MJNNOV@@QCDU@MGDSSNDRSDKMHDSNUDQSQDEEDM
#DYDV@@QANQFUNNQV@@QCDMFDKCDMUNNQHM!DKFHĤFDJNBGSDDMNEHMFDAQTHJ
YHIMCDSNDRSDKKDM(MCHDMDDMSNDRSDKM@@QGDSATHSDMK@MCVNQCSFDAQ@BGSCHDMSCD
FDAQTHJDQM@SDF@@MNEGDSSNDRSDKUNKCNDS@@MCDSDBGMHRBGDUNNQV@@QCDMN@
RO@MMHMFEQDPTDMSHDHMRS@KK@SHDUNNQRBGQHESDMF@RRNNQSJKHL@@SNLRS@MCHFGDCDMHM
GDS ADSQDEEDMCD K@MC 5NNQ HM GDS ATHSDMK@MC @@MFDRBG@ESD SNDRSDKKDM CHDMS CD
FDAQTHJDQYHBGYDKESDUDQFDVHRRDMU@MCDADO@KHMFDMHM!DKFHĤ-NNCY@JDKHIJDNE
FDVDMRSD @@MO@RRHMFDM U@KKDM MHDS NMCDQ CD V@@QANQF DM JTMMDM MHDS @KSHIC
VNQCDM@@MFDAQ@BGS
.NJ M@ @EKNNO U@M CD V@@QANQFSDQLHIM RS@@S NMYD JK@MSDMCHDMRS T SDQ
ADRBGHJJHMF
DKDBSQNKTW
6 1-4-&$-4-#
6("'3(&$'(-6$(2$
$RHHRSRRDGQVVHBGSHFCC@CCHDRD
!DCHDMTMFR@MKDHSTMFLLHSCCDL
ADSQDEEDMCDM&&DQĔS@@TEADV@GQSVVHQC
2NKKSDCCHDRDR&&DQĔSUUDQJ@TESAAYVDDHMDQ
@MCDQDM//DQRNMFFDFDADMVVDQCDMRRN
HRSDDRMMŅSHFCCHD MKDHSTMFAADHYTEŘFDM
C@LHSCCDQMMDTD!!DRHSYDQŘŘADQCCDM
!DSQHDACCDR&&DQĔSDRAAYVCCHD
DMSROQDBGDMCDM66@QMTMFDM
2NKKSDCCHDRDR&&DQĔSLLHS,,@FMDS
3ŘQUDQRBGKT@@KR$$QR@SYEEŘQDDHM@@KSDR
&DQĔSCCHDMDMCC@RMMNBGLLHSDDHMDL
2BGM@OORBGKN@@TRFDQŘRSDSHHRSRRN
L@BGDM22HDAAHSSDCCHDRDR22BGKN
TMAQ@TBGA@QAADUNQ22HDCC@R&&DQĔS
ADHRDHSDRRSDKKDMNNCDQYYTL,,ŘKKFFDADM
2HDUUDQGHMCDQMCC@LHSCC@RROHDKDMCD
*HMCDQRRHBGRRDKARSDDHMRODQQDMTTMC
C@LHSHHM++DADMRFDE@GQJJNLLDM
#HDRD66@QMTMFDMVVTQCDMYYT((GQDL
AYVCCDL22BGTSY@@MCDQDQDDQ@QADHSDS
6HQAAHSSDM22HDCC@GDQCCHDRD
@TELDQJR@LYYTKKDRDMAADUNQCC@R&&DQĔS
HM!!DSQHDAFFDMNLLDMVVHQC
2HBGDQGDHS
q #HDRDR&DQĔSVTQCDGDQFDRSDKKSTL
UNM$QV@BGRDMDMADMTSYSYT
VDQCDM$RHRSTMADCHMFSC@Q@TEYT
@BGSDMC@*HMCDQDRMHBGS
@ME@RRDMNCDQDR@KR2OHDKYDTF
UDQVDMCDM
q $RHRSFDEĔGQKHBGCHD$HFDMRBG@ESDM
CHDRDR&DQĔSDRYTĔMCDQM
q 5NQCDQHMMDQDMAYVĔTDQDM
1DHMHFTMFCDR&DQĔSDRRNVHDADHL
TRVDBGRDKMCDQ&KŘGK@LODADH
C@LHS@TRFDRS@SSDSDM&DQĔSDMC@R
&DQĔSRO@MMTMFRKNRL@BGDM
q $HR@TRCDL&DEQHDQAYV
%QNRSDQE@BGMHBGSRNENQSDRRDMDR
JŅMMSD*ĔKSD!Q@MCVTMCDM
UDQTQR@BGDM
q #HDRDR&DQĔSHRSRBGVDQ!DHL
5DQRDSYDMAHSSDC@Q@TE@BGSDMŬ
q!!D@BGSDM22HDCC@MVVĔGQDMCCCDQ
!DVDFTMFCCDR&&DQĔSDRCCDQ
*ĔKSDLHSSDKJQDHRK@TEMMHBGS
ADRBGĔCHFSVVHQC
q##@R&&DQĔSCC@QEMMHBGSHHM
TMLHSSDKA@QDQ--ĔGDUUNM
'DHYJŅQODQMNNCDQ&&@RGDQCDM
@TEFDRSDKKSVVDQCDM
q $HM22S@MCNQSLLHSCCHQDJSDQ
2NMMDMDHMRSQ@GKTMFRRNKKSD
UDQLHDCDMVVDQCDM
q$$HMD@@TRQDHBGDMCD++TESYHQJTK@SHNM
@MCCDQ&&DQĔSDQŘBJRDHSDLLT
FDVĔGQKDHRSDSRRDHM))DFKHBGD
!DRBGĔCHFTMFCCDR**ŘGKJQDHRK@TEDR
HRSYYTUUDQLDHCDM
q--41%%ă1&&$%1($12"'1Á-*$
$HMA@TFDQĔSD@@TRFDMNLLDMDDHM
NOSHL@KDQ TERSDKKTMFRNQSHHRSCCDQ
*DKKDQ
q**DHMD$$KDJSQNFDQĔSDY!
$HRL@RBGHMDMHHMCC@R&&DQĔSRRSDKKDM
2SņQTMFDM*TMCDMCHDMRS
q 2NKKSDCHD(MRS@KK@SHNMCDR&DQĔSDR
DHMDÁMCDQTMFCDQDKDJSQHRBGDM
'@TRHMRS@KK@SHNMUDQK@MFDMRNC@QE
CHDRDMTQUNM$KDJSQN%@BGJQĔESDM
CTQBGFDEŘGQSVDQCDM