51ºÚÁÏ

k9cmkDEC@?8mk6>mx7 J@F >2<6 2 AFC492D6 27E6C 4=:4<:?8 @? =:?<D H:E9:? E9:D 2CE:4=6[ {66 t?E6CAC:D6D >2J 62C? 277:=:2E6 4@>>:DD:@?D] %96 ?6HD 2?5 65:E@C:2= 56A2CE>6?ED 925 ?@ C@=6 :? E96 4C62E:@? @C 5:DA=2J @7 E9:D 4@?E6?E] p== @A:?:@?D 2?5 G:6HD 2C6 @7 E96 25G6CE:D6C]k^6>mk^DEC@?8mk^9cm

kAmrCJAE@ 5@6D?’E H2:E] ~?6 52J :E’D 2 AC6D2=6j E96 ?6IE :E’D @? 7:G6 6I492?86D – @C ?@H96C6 2E 2==] %92E’D H9J 2 =@E @7 :?G6DE@CD k2 9C67lQ9EEADi^^D64FC6]>@?6J]4@>^AC^;hfed_5aag`5nD`l&A4@>:?8rCJAE@!C6D2=6DQ E2C86ElQ03=2?<Qm<66A 2? 6J6 @? AC6D2=6Dk^2mi E@ DA@E E9:?8D 62C=J[ ?@E 3642FD6 E96J’C6 8F2C2?E665[ 3FE 3642FD6 E96J @776C 2 5:776C6?E <:?5 @7 6?ECJ A@:?E]k^Am

kAm%9:D :D?’E 23@FE 4CJDE2= 32==D @C AC65:4E:?8 H9:49 4@:? “>@@?D� ?6IE] (92E’D >@C6 FD67F=[ 2E =62DE 7@C >@DE A6@A=6[ :D 7:8FC:?8 @FE 9@H @E96CD 2C6 24EF2==J 7:?5:?8 FA4@>:?8kDEC@?8m k^DEC@?8mk2 9C67lQ9EEADi^^:4@36?49]4@>^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8m4CJAE@ AC6D2=6Dk^DEC@?8mk^2m[ H92E E96J’C6 =@@<:?8 7@C :? E9@D6 AC@;64ED[ 2?5 H96C6 D@>6 2C6 49@@D:?8 E@ 86E :?G@=G65]k^Am

k9bmkDEC@?8m!C6D2=6D[ x? !=2:? %6C>Dk^DEC@?8mk^9bm

kAmx? D9@CE[ 2 k2 9C67lQ9EEADi^^D64FC6]>@?6J]4@>^AC^;hfed_5aag`5nD`l&A4@>:?8rCJAE@!C6D2=6DQ E2C86ElQ03=2?<Qm4CJAE@ AC6D2=6k^2m :D H92E :E D@F?5D =:<6i E96 E@<6? :D 2G2:=23=6 E@ 3FJ 367@C6 :E @77:4:2==J 8@6D =:G6] xE’D FDF2==J 2 H2J 7@C E96 E62> E@ C2:D6 62C=J 42A:E2=[ @7E6? H:E9 E@<6?D D@=5 2E 2 =@H6C AC:46 E92? H92E E96J 9@A6 E@ =:DE 2E =2E6C]k^Am

kAmxE’D <:?5 @7 =:<6 3FJ:?8 E:4<6ED 367@C6 2 4@?46CE =:?6FA :D 2??@F?465] r@F=5 36 8C62E[ 4@F=5 36 2 3FDE] %96C6’D ?@ 8F2C2?E66 E96 E@<6? 6G6C >2<6D :E E@ >2C<6E[ @C 9@=5D :ED G2=F6 :7 :E 5@6D] $@ :7 J@F’C6 E9:?<:?8 23@FE 2 E@<6? AC6D2=6[ <?@H E92E 62C=J 2446DD 5@6D?’E >62? =@H C:D<] yFDE E96 @AA@D:E6]k^Am

k9bmkDEC@?8m(96C6 pC6 !6@A=6 u:?5:?8 %96D6 !C@;64EDnk^DEC@?8mk^9bm

kAm|@DE 2C6?’E ;FDE 8F6DD:?8 @C 92?8:?8 @FE :? %6=68C2> 2== 52J] x?DE625[ E96J >2J FD6 2 >:I @7 4FC2E65 E@@=D E92E 7=28 ?6H AC@;64ED[ 96=A k2 9C67lQ9EEADi^^D64FC6]>@?6J]4@>^AC^;hfed_5aag`5nD`l&A4@>:?8rCJAE@!C6D2=6DQ E2C86ElQ03=2?<Qm4@>A2C6 AC6D2=6Dk^2m[ 2?5 D9@H 32D:4 E@<6? 56E2:=D FA7C@?E – DEF77 =:<6 E:>6=:?6[ DFAA=J[ 2?5 H96E96C E96C6VD 2?J 2F5:E :?7@ =:DE65]k^Am

kAmw6C6 2C6 2 76H A=246D D@>6 FD6CD 4964< @FEik^Am

kF=mk=:mk2 9C67lQ9EEADi^^36DEH2==6E]4@>^6?^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8mq6DE(2==6Ek^DEC@?8mk^2m – &A52E65 C68F=2C=J H:E9 2 >:I @7 EC6?5:?8 E@<6?D[ ?6H6C k2 9C67lQ9EEADi^^D64FC6]>@?6J]4@>^AC^;hfed_5aag`5nD`l&A4@>:?8rCJAE@!C6D2=6DQ E2C86ElQ03=2?<Qm4CJAE@ AC6D2=6Dk^2m[ 2?5 62C=J\DE286 >6>6 4@:? AC6D2=6D] x7 J@FVC6 D42??:?8 7@C E96 k2 9C67lQ9EEADi^^36DEH2==6E]4@>^6?^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8m36DE 4CJAE@ AC6D2=6k^DEC@?8mk^2m 32D65 @? E@<6? DECF4EFC6 @C >@>6?EF>[ E9:D :D @?6 >2?J A6@A=6 6IA=@C6]k^=:mk=:mk2 9C67lQ9EEADi^^4CJAE@?6HD]4@>^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8mrCJAE@}6HDk^DEC@?8mk^2m – ~776CD 3C@256C AC@;64E 4@?E6IE 2=@?8D:56 AC6D2=6 =:DE:?8D] xE’D 96=A7F= :7 J@F H2?E E@ F?56CDE2?5 >@C6 E92? ;FDE =2F?49 52E6D]k^=:mk=:mk2 9C67lQ9EEADi^^:4@36?49]4@>^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8mxr~q6?49k^DEC@?8mk^2m – u@4FD6D 962G:=J @? xr~ 2?5 E@<6? 6G6?ED[ @7E6? :?4=F5:?8 E62> :?7@ 2?5 32D:4 E@<6?@>:4D] }@E 6G6CJ AC6D2=6 96C6 :D ?6H[ 3FE :E’D 2 566A6C 5:G6]k^=:mk^F=m

kAm%96D6 2C6?’E ;FDE 2 k2 9C67lQ9EEADi^^4CJAE@?6HD]4@>^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8mAC6D2=6 4CJAE@ =:DEk^DEC@?8mk^2m[ E96J’C6 DE2CE:?8 A@:?ED 7@C C6D62C49] %96 8@2= :D?’E E@ 3=:?5=J 7@==@H[ 3FE E@ 3F:=5 2 4=62C6C A:4EFC6]k^Am

k9bmkDEC@?8mw@H E@ qFJ !C6D2=6 rCJAE@k^DEC@?8mk^9bm

kAm}@ EH@ AC@;64ED CF? E9:?8D 6I24E=J E96 D2>6 H2J] %92E D2:5[ E96C6’D 2 86?6C2= 7=@H >@DE 7@==@Hik^Am

k2D:56 4=2DDlQE?4>D\:?=:?6\C6=4@?E6?E E?4>D\:?=:?6\C6=4@?E6?E\:?7@Qmk9cm$E6A\3J\DE6A 8F:56k^9cmkAm`] *@F 5:D4@G6C 2 AC@;64E E9C@F89 2 EC24<6C @C AC6D2=6 H63D:E6k^Am kAma] *@F 4@??64E J@FC H2==6E W=:<6 |6E2|2D<[ %CFDE (2==6E[ @C !92?E@>Xk^Am kAmb] *@F D6?5 4CJAE@ WFDF2==J t%w[ $~{[ @C &$s%X :? 6I492?86 7@C 2 AC6D2=6 E@<6?k^Am kAmc] *@F H2:E – D@>6 E@<6?D 2C6 D6?E C:89E 27E6C AFC492D6[ @E96CD F?=@4< =2E6Ck^Amk^2D:56m

kAmx7 J@F’C6 D62C49:?8 7@C H96C6 E@ 3FJ AC6D2=6 4CJAE@[ DE2CE H:E9 A=2E7@C>D E92E 8:G6 4=62C 56E2:=D 23@FE E@<6? DFAA=J[ AC:4:?8[ 2?5 9@H 5:DEC:3FE:@? H:== H@C<] tG6? 36EE6C :7 E96C6’D D@>6 D@CE @7 2F5:E @C G6C:7:42E:@? :?G@=G65]k^Am

k9bmkDEC@?8m(92E |2<6D 2 !C6D2=6 $E2?5 ~FEnk^DEC@?8mk^9bm

kAmtG6CJ AC@;64E A:E496D :ED6=7 2D E96 ?6IE 3:8 E9:?8] %92E’D H9J D@>6 :?G6DE@CD 5:8 566A6C 367@C6 6G6? E9:?<:?8 23@FE A2CE:4:A2E:?8] (96? C6D62C49:?8 k2 9C67lQ9EEADi^^D64FC6]>@?6J]4@>^AC^;hfed_5aag`5nD`l&A4@>:?8rCJAE@!C6D2=6DQ E2C86ElQ03=2?<QmFA4@>:?8 AC6D2=6 4CJAE@k^2m[ FD6CD @7E6? =@@< 7@Cik^Am

kF=mk=:ms6GD H9@ D9@H FA W?@E ;FDE 2G2E2CDXk^=:mk=:m$>2CE 4@?EC24E 2F5:ED[ @C 2E =62DE A=2?D 7@C @?6k^=:mk=:mr@>>F?:EJ 24E:G:EJ E92E =@@<D @C82?:4k^=:mk=:mp 4=62C 6IA=2?2E:@? @7 H9J E96 E@<6? 6I:DEDk^=:mk^F=m

kAm(96E96C J@FVC6 492D:?8 2 ?6H >6>6 4@:? AC6D2=6 @C 2 >@C6 FE:=:EJ\7@4FD65 A=2E7@C> E@<6?[ 62C=J EC2?DA2C6?4J 42? >2EE6C >@C6 E92? 62C=J 9JA6]k^Am

k9bmkDEC@?8mr@>A2C:?8 !C6D2=6 !=2E7@C>D 2?5 {:DEDk^DEC@?8mk^9bm

kAm}@E 2== E@@=D 2C6 4C62E65 6BF2=] $@>6 AFD9 BF2?E:EJ] ~E96CD 9:89=:89E >@>6?EF>] p 76H 5:8 :?E@ AC@;64E BF2=:EJ]k^Am

kAmw6C6’D 9@H D6G6C2= @7 E96 >@DE\FD65 @AE:@?D DE24< FAik^Am

kF=mk=:mk2 9C67lQ9EEADi^^36DEH2==6E]4@>^6?^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8mq6DE(2==6Ek^DEC@?8mk^2m – p A@DD:3=6 8@\E@ 7@C >2?J H2E49:?8 E@A 4CJAE@ AC6D2=6D 24C@DD 492:?Dk^=:mk=:mk2 9C67lQ9EEADi^^4CJAE@?6HD]4@>^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8mrCJAE@}6HDk^DEC@?8mk^2m – |2J H@C< H6== 7@C AC@;64E 4@?E6IE[ 6DA64:2==J :7 J@F H2?E >@C6 E92? 2 ?2>6 2?5 52E6k^=:mk=:mk2 9C67lQ9EEADi^^:4@36?49]4@>^4CJAE@4FCC6?4J^36DE\4CJAE@\AC6D2=6D^Q E2C86ElQ03=2?<QmkDEC@?8mxr~q6?49k^DEC@?8mk^2m – q6EE6C 7@C FD6CD 4@>A2C:?8 9:DE@C:42= =:DE:?8D @C @=56C AC@;64E 52E2k^=:mk^F=m

kAm!=2E7@C>D =:<6 x?D:56q:E4@:?D 2=D@ CF? 4@>A2C:D@? 2CE:4=6D @? E96 36DE AC6D2=6 4CJAE@ AC@;64ED 3J 42E68@CJ W82>:?8[ s6u:[ >6>6[ 6E4]X[ H9:49 42? 96=A 7:=E6C @AE:@?D 3J E96>6]k^Am

k9bmkDEC@?8mp (@C5 @7 r2FE:@?k^DEC@?8mk^9bm

kAm!C6D2=6D =@@< 6I4:E:?8[ 6DA64:2==J H96? 2 AC@;64E :D 6G6CJH96C6] qFE ;FDE 3642FD6 :E’D ?6H 5@6D?’E >62? :E’D D@=:5]k^Am

kAmp ?6H 4CJAE@ AC6D2=6 >:89E ?@E =:DE] p AC6D2=6 E@<6? >:89E ?6G6C F?=@4<] p?5 6G6? :7 2== 8@6D 2D A=2??65[ 7=F4EF2E:@? :? AC:46 >2J DE:== 36 H:56]k^Am

kAm$@ :7 J@F’C6 C6D62C49:?8 H92E :D 36:?8 42==65 E96 36DE AC6D2=6 4CJAE@ E@ 3FJ ?@H[ E96 >@C6 65F42E65 2AAC@249 >:89E 36 E@ 2D<i H92E 92AA6?D :7 :E 5@6D?’E H@C< @FEn %96 2?DH6C D9@F=5 ?6G6C 36 “x =@D6 6G6CJE9:?8]�k^Am

kAmpD 2=H2JD[ 5@ J@FC @H? C6D62C49 367@C6 A2CE:4:A2E:?8 :? 2?J AC6D2=6[ 2?5 ?6G6C C:D< 7F?5D J@F 42?’E 277@C5 E@ =@D6] k^Am

k9dmkDEC@?8mk6>m%9:D 4@?E6?E :D 7@C 65F42E:@?2= AFCA@D6D @?=J 2?5 :D ?@E E@ 36 FD65 2D :?G6DE>6?E 25G:46] pD H:E9 2== :?G6DE>6?ED[ E96C6 :D C:D<[ 2?5 E96 A2DE A6C7@C>2?46 @7 2 A2CE:4F=2C 2DD6E 4=2DD 5@6D ?@E 8F2C2?E66 2?J 7FEFC6 A6C7@C>2?46] !=62D6 4@?DF=E 2 7:?2?46 AC@76DD:@?2= 7@C 7:?2?4:2= 25G:46] %96 G:6HD[ E9@F89ED 2?5 @A:?:@?D 6IAC6DD65 :? E9:D 4@?EC:3FE@C 4@?E6?E 36=@?8 D@=6=J E@ E96 4@?EC:3FE@C 2?5 5@ ?@E C6AC6D6?E E96 G:6HD @7 {66 t?E6CAC:D6D]k^6>mk^DEC@?8mk^9dm

k9dmkDEC@?8mk6>m%96 AF3=:D96C 5@6D ?@E 6?5@CD6 @C 6G2=F2E6 E96 25G6CE:D65 AC@5F4ED[ D6CG:46D @C 4@>A2?:6D[ ?@C 2?J @7 E96 4=2:>D >256 H:E9:? E9:D E9:C5\A2CEJ 4@?E6?E 2?5 5@6D ?@E 2446AE 2?J C6DA@?D:3:=:EJ @C =:23:=:EJ 7@C :E]k^6>mk^DEC@?8mk^9dm