×îÐÂÐÓ°ÉÔ­´´

kAmvF2C5:2?[ cg[ H2D D4965F=65 E@ 2AA62C |@?52J :? 2 4@FCEC@@> H96C6 2 4@F?EJ\AC@G:565 EC2?D=2E@C H@F=5 2:5 4@>>F?:42E:@? H:E9 23@FE 2 5@K6? $A2?:D9\DA62<:?8 5676?52?ED H9@ 7246 492C86D 7C@> EC277:4 :?7C24E:@?D =:<6 9:D — EH@ 492C86D @7 5C:G:?8 F?56C E96 :?7=F6?46 @7 2=4@9@= — E@ D6C:@FD 76=@?J 492C86D]k^Am

kAmvF2C5:2? ?6G6C >256 :E :?E@ E96 4@FCEC@@>]k^Am

kAmx?DE625[ 2? 286?E H9@ D2:5 96 H2D 7C@> &]$] x>>:8C2E:@? 2?5 rFDE@>D t?7@C46>6?E BF6DE:@?65 9:> :? 2 =@33J @7 E96 r=:?E@? r@F?EJ r@FCE9@FD6[ 92?54F7765 9:>[ E96? =@2565 9:> :?E@ E96 324< @7 2? F?>2C<65 42C 2?5 5C@G6 9:> E@ 2 |:DD@FC: 56E6?E:@? 46?E6C H96C6 96 H@F=5 2H2:E 56A@CE2E:@?]k^Am

kAms6E6?E:@?D 2E DE2E6 2?5 4@F?EJ 4@FCE9@FD6D H@F=5 36 32??65 F?56C =68:D=2E:@? A2DD65 62C=J uC:52J >@C?:?8] %96 DE2E6 =68:D=2EFC6 k2 9C67lQ9EEADi^^42A:E@=?6HD:==:?@:D]4@>^?6HD^:==:?@:D\=2H>2<6CD\2AAC@G6\32?\@?\4:G:=\:>>:8C2E:@?\2CC6DED\:?\DE2E6\4@FCE9@FD6D^Q C6=lQ?@@A6?6CQ E2C86ElQ03=2?<Qm2AAC@G65 2 3:== 32CC:?8 :>>:8C2E:@? 2CC6DEDk^2m :? 2?5 2C@F?5 4@F?EJ 4@FCE9@FD6D[ 2?5 ?62C3J A2C<:?8 =@ED 2?5 D:56H2=<D] k2 9C67lQ9EEADi^^:=82]8@G^{68:D=2E:@?^q:==$E2EFDns@4}F>l`b`aU2>Ajvpxsl`gU2>Ajs@4%JA6xslwqU2>Aj{68x5l`dfa_aU2>Aj$6DD:@?xsl``cQ C6=lQ?@@A6?6CQ E2C86ElQ03=2?<Qmw@FD6 q:== `b`ak^2m[ H9:49 H@F=5 2=D@ 2==@H x==:?@:D C6D:56?ED E@ DF6 7@C 4:G:= C:89ED G:@=2E:@?D[ DE:== >FDE 36 D:8?65 3J v@G] yq !C:EK<6C]k^Am

kAm%9@F89 :?DE2?46D @7 xrt 56E6?E:@?D :? x==:?@:D 92G6 366? 46?E6C65 @? r9:428@ D:?46 !C6D:56?E s@?2=5 %CF>A 3682? “~A6C2E:@? |:5H2J q=:EK� :? $6AE6>36C[ v@G] yq !C:EK<6C D2:5 %F6D52J E96C6 92D 366? 2? FAE:4< C646?E=J :? xrt 24E:G:EJ :? 46?EC2= 2?5 D@FE96C? x==:?@:D]k^Am

kAm“%96J 2C6 =:E6C2==J E2C86E:?8 A6@A=6 H9@ 2C6 3C@H? 2?5 q=24<[ H96E96C J@F 2C6 F?5@4F>6?E65 @C ?@E[ 2?5 E96J 2C6 E24<=:?8 A6@A=6[ 56E2:?:?8 A6@A=6 7@C 9@FCD[ K:A\EJ:?8 A6@A=6 H9@ 2C6 &]$] 4:E:K6?D] $@[ E96JVC6 :?5:D4C:>:?2E6=J 8C233:?8 A6@A=6 H9@ 5@?VE =@@< =:<6 E96 xrt 286?ED[ EJA:42==J[ 2?5 9@=5:?8 E96> @C >:DEC62E:?8 E96>[� !C:EK<6C D2:5]k^Am

kAmr=:?E@? r@F?EJ[ H96C6 vF2C5:2? H2D 56E2:?65[ :D 2 CFC2= 2C62 cd >:=6D 62DE @7 $E] {@F:D] xE :D @G6CH96=>:?8=J H9:E6 H:E9 ;FDE cT @7 E96 A@AF=2E:@? C6A@CE:?8 E96J 2C6 {2E:?@[ 244@C5:?8 E@ E96 &]$] r6?DFD qFC62F]k^Am

k9amkDEC@?8mxrt D2JD 96 H2D 56A@CE65 E9C66 E:>6Dk^DEC@?8mk^9am

kAmvF2C5:2? H2D 56E2:?65 :? 2 =@33J @FED:56 E96 r=:?E@? r@F?EJ r:C4F:E r=6C<’D ~77:46 2D 96 962565 FA E96 DE2:CD E@ E96 4@FCEC@@> H96? 96 H2D 2AAC@24965 3J 7@FC >6? H9@ D2:5 E96J H6C6 xrt 286?ED] %96J 2D<65 9:D ?2>6[ E96? AFE 92?54F77D @? 9:>] ~?6 @7 E96 >6? H9@ :56?E:7:65 9:>D6=7 2D 2? :>>:8C2E:@? 286?E D2:5 vF2C5:2? 92D 366? 56A@CE65 E9C66 E:>6D 367@C6 — 2? 2==682E:@? 9:D 52F89E6C C67FE65]k^Am

kAmpD 2 C6A@CE6C 42AEFC65 vF2C5:2?’D 56E6?E:@? @? G:56@[ @?6 @7 E96 >6? 2D<65 2 4@FCE 32:=:77 E@ 86E E96 C6A@CE6C E@ DE@A C64@C5:?8] %96 32:=:77 564=:?65[ D2J:?8 G:56@ C64@C5:?8 H2D 2==@H65 :? AF3=:4 2C62D @FED:56 @7 E96 4@FCEC@@>]k^Am

kAm%96 AFCA@CE65 7656C2= 286?ED H2=<65 @FE @7 E96 4@FCE9@FD6 H:E9 vF2C5:2?[ E2:=65 3J 9:D 52F89E6C[ xD236=[ H9@ H2D 9@=5:?8 96C 323J] vF2C5:2? H2D A=2465 :? E96 324< @7 @?6 @7 E96 42CD] xD236= vF2C5:2? 2D<65 7@C 96C 72E96C’D A9@?6[ E96? 2D<65 H96C6 E96J H6C6 E2<:?8 9:>]k^Am

kAm~?6 @7 E96 >6? C6DA@?565 E92E 96C 72E96C H2D 724:?8 56A@CE2E:@? 2?5 H@F=5 36 E2<6? E@ $E] {@F:D]k^Am

kAmpD E96J H6C6 =62G:?8[ E96 7@FC :8?@C65 C6BF6DED 7C@> 2 C6A@CE6C 7@C E96> E@ :56?E:7J E96>D6=G6D[ E96? 8@E :?E@ E96:C F?>2C<65 42CD A2C<65 ?62C3J 2?5 =67E]k^Am

kAm“%9:D :D E96 7:CDE :?DE2?46 H6 92G6 962C5 @7 2? 2AAC696?D:@? E2<:?8 A=246 2E 2 $A2?:D9\ =2?8F286 5@4<6E] %96 E2C86E:?8 @7 2 $A2?:D9\=2?8F286 5@4<6E :? 2 3C@25 H2J H@F=5 36 EC@F3=:?8[ 2D :E >:89E DF886DE E92E xrt @77:4:2=D — 2D H6 D2H :? {@D p?86=6D 2?5 962C5 5:C64E=J 7C@> E96:C =6256CD9:A :? r9:428@ — 2C6 E2C86E:?8 A6@A=6 7@C E96 =2?8F286 E96J DA62<[� D2:5 t5 *@9?<2[ 2? 2EE@C?6J 7@C E96 p>6C:42? r:G:= {:36CE:6D &?:@?]k^Am

kAmvF2C5:2?[ cg[ 42>6 E@ E96 &]$] 7C@> |6I:4@ ad J62CD 28@[ 244@C5:?8 E@ 9:D 52F89E6C] w6 H@C<65 :? E96 @C492C5D 2?5 7:6=5D 2C@F?5 r=:?E@? r@F?EJ 2D 2 A:4<6C 2?5 2 C2?496C]k^Am

kAmvF2C5:2? 3682? 5C:?<:?8 27E6C C646?E DEC6DD@CD — 2 >@G6[ 7:?2?4:2= EC@F3=6D 2?5 2 72>:=J >6>36C’D 962=E9 :DDF6D[ 9:D 52F89E6C D2:5] w6 H2D 2CC6DE65 :? yF=J 7@C 5C:?<:?8 2?5 5C:G:?8 2?5 H6?E E@ :?\A2E:6?E EC62E>6?E 3FE H2D 5:D492C865 27E6C 2 4@FA=6 @7 52JD[ D96 D2:5] w6 H2D 2CC6DE65 282:? 2 H66< =2E6C[ 282:? 7@C 5C:?<:?8 2?5 5C:G:?8]k^Am

kAmp7E6C E96 D64@?5 2CC6DE[ xD236= vF2C5:2? D2:5 96C 72E96C[ H9@ :D F?5@4F>6?E65[ 82G6 FA 5C:?<:?8 2?5 H2?E65 E@ 255C6DD E96 s&x 492C86D[ F?56CDE2?5:?8 E92E 4@?G:4E:@?D @? E9@D6 492C86D 4@F=5 ;6@A2C5:K6 9:D 23:=:EJ E@ 86E 2 vC66? r2C5]k^Am

kAmw:D AF3=:4 5676?56C 25G:D65 vF2C5:2? E@ EFC? 9:>D6=7 :? E@ xrt[ xD236= vF2C5:2? D2:5[ 3FE 96C 72E96C H2?E65 E@ 562= H:E9 9:D EC277:4 42D6D D@ E92E :7 96 H2D 56A@CE65[ 96 4@F=5 C6EFC? E@ 9:D 72>:=J D@>652J] %92E’D H9J 96 D9@H65 FA E@ 4@FCE @? |@?52J[ 9:D 52F89E6C D2:5]k^Am

kAm“w6 D2:5 96 H2D H:==:?8 E@ 4@@A6C2E6[� xD236= vF2C5:2? D2:5] “w6 H2D?’E 7:89E:?8 E96>]�k^Am

kAmp== @7 vF2C5:2?’D 49:=5C6? 92G6 =682= DE2EFD[ 9:D 52F89E6C D2:5[ 2?5 9:D H:76 ;FDE C646:G65 96C vC66? r2C5[ 3FE vF2C5:2? C6>2:?65 F?5@4F>6?E65] w6 H2D 368:??:?8 E96 AC@46DD @7 36:?8 5@4F>6?E65 27E6C E96 C6DE @7 E96 72>:=J 3642FD6 :E H2D 6IA6?D:G6[ xD236= vF2C5:2? D2:5]k^Am

k9amxrt 24E:G:EJ D66? 6=D6H96C6 :? x==:?@:Dk^9am

kAmx? E96 |6EC@ t2DE[ u2:C>@?E r:EJ :D 2 G:==286 E92E 7@C 564256D 92D 366? 962G:=J A@AF=2E65 3J {2E:?@ :>>:8C2?ED — 4:E:K6?D[ E9@D6 H:E9 =682= DE2EFD 2?5 F?5@4F>6?E65] xrt 92D 366? 24E:G6 :? E96 2C62] t2C=:6C E9:D J62C[ |2C=66? $F2C6K[ 2 u2:C>@?E r:EJ 2EE@C?6J[ 3682? @776C:?8 k2 9C67lQ9EEADi^^42A:E@=?6HD:==:?@:D]4@>^?6HD^>6EC@\62DE\2EE@C?6J\96=AD\:>>:8C2?E\72>:=:6D\AC6A2C6\7@C\4C24<5@H?^Q C6=lQ?@@A6?6CQ E2C86ElQ03=2?<Qm7C66 4@?5:E:@?2= 8F2C5:2?D9:ADk^2m 7@C A2C6?ED H9@ 2C6 F?5@4F>6?E65]k^Am

kAm$F2C6K[ H9@ 2=D@ AC24E:46D 4C:>:?2= =2H[ D2:5 D96 925 E9C66 5676?52?ED D4965F=65 E@ 2AA62C 2E r=:?E@? r@F?EJ’D $A2?:D9\DA62<:?8 5@4<6E[ 3FE 925 C6D4965F=65 E96> 5F6 E@ 2 D4965F=:?8 4@?7=:4E @? |@?52J >@C?:?8] $96 D2:5 D96 H2D D9@4<65 3FE ?@E DFCAC:D65 E92E xrt H2D E2C86E:?8 5@H?DE2E6 4@FCE9@FD6D]k^Am

kAm“x 2> 8@:?8 E@ 25G:D6 >J 4=:6?ED E@ 36 >F49 >@C6 4@?D4:6?E:@FD 7C@> ?@H @?[� $F2C6K D2:5] “x H:== H@C< H:E9 E96 DE277 2?5 ;F5:4:2CJ E96C6 E@ 6?DFC6 E96 D276EJ @7 >J 4=:6?ED D@ H6 42? 25;F5:42E6 E96:C 42D6D] xE’D 5:D962CE6?:?8 3642FD6 @FC 4@FCE9@FD6D D9@F=5 36 2 C67F86 7@C E9@D6 D66<:?8 ;FDE:46]�k^Am

kAm*@9?<2[ E96 pr{& DA@<6DA6CD@?[ D2:5 :E’D ?@E ;FDE EC277:4 5@4<6ED 5C2H:?8 xrt] p7E6C C6A@CED @7 2AAC696?D:@?D 2E r9:428@’D 5@>6DE:4 G:@=6?46 4@FCED[ G:4E:>D H6C6 72:=:?8 E@ 2AA62C 2?5 4@>A=2:?ED H6C6 36:?8 5C@AA65[ *@9?<2 D2:5]k^Am

kAmx? r@@< r@F?EJ[ 2 ;F586 :DDF65 2? @C56C EH@ H66<D 28@ 32CC:?8 E96 4:G:= 2CC6DE @7 2?J QA2CEJ[ H:E?6DD[ @C A@E6?E:2= H:E?6DDQ H9:=6 8@:?8 E@ 4@FCE AC@4665:?8D] xE :?4=F56D 2CC6DED >256 :?D:56 4@FCE9@FD6D 2?5 DFCC@F?5:?8 A2C<:?8 =@ED[ D:56H2=<D 2?5 6?ECJH2JD]k^Am

kAmQ%96 72:C 25>:?:DEC2E:@? @7 ;FDE:46 C6BF:C6D E92E 4@FCED C6>2:? @A6? 2?5 2446DD:3=6[ 2?5 E92E =:E:82?ED 2?5 H:E?6DD6D >2J 2AA62C H:E9@FE 762C @7 4:G:= 2CC6DE[Q E96 @C56C DE2E6D]k^Am

kAm%96 &]$] s6A2CE>6?E @7 w@>6=2?5 $64FC:EJ 92D 5676?565 E96 AC24E:46 @7 >2<:?8 2CC6DED 2E 4@FCE9@FD6D[ 42==:?8 :E Q4@>>@? D6?D6]Qk^Am

kAm%96 ?6H=J A2DD65 =68:D=2E:@? H@F=5 255C6DD :>>:8C2E:@? 2CC6DED 2E 4@FCE9@FD6D 2C@F?5 E96 DE2E6]k^Am

kAmx? |24@FA:? r@F?EJ[ xD>26= $2?5@G2= pJFK@[ @H?6C @7 r2=56C2 q2C 2?5 vC:== @? |2:? $EC66E :? $E2F?E@? =@42E65 23@FE bd >:=6D ?@CE962DE @7 $E] {@F:D[ H2D 56E2:?65 3J xrt E9:D H66<] p >6DD286 @? E96 C6DE2FC2?E’D 7C@?E 5@@C 2?5 @? E96:C D@4:2= >65:2 DE2E65 E92E E96 62E6CJ H@F=5 36 4=@D65 @? (65?6D52J]k^Am

kAm%96 52J 367@C6[ pJFK@[ 2 9FD32?5 2?5 72E96C @7 EH@ H9@ 92D =:G65 :? E96 &]$] 7@C EH@ 564256D[ H2D 56=:G6C:?8 2 4@>AFE6C 4@C5 E@ 9:D 49:=5C6?’D D49@@= :? $E2F?E@? H96? 96 H2D DE@AA65 2?5 56E2:?65[ 9:D 3C@E96C D2:5] }@H[ 9:D 72>:=J H@CC:6D 96 H:== 7246 56A@CE2E:@? E@ |6I:4@]k^Am

kAm“w:D 9@>6 :D 96C6] w:D 52F89E6CD 2C6 96C6[� D2:5 xD>26= pJFK@’D 3C@E96C[ #2726= pJFK@]k^Am

kAmpJFK@’D 56E6?E:@? =2F?4965 2? @FE4CJ :? 9:D 9@>6E@H?[ A=2??:?8 2 4@>>F?:EJ 6G6?Ei “(6 DE2?5 H:E9 xD>26=]� r96=D2 !CF56?[ 4@\7@F?56C @7 |24@FA:? r@F?EJ x?5:G:D:3=6 2?5 6G6?E @C82?:K6C[ D2:5 E96 C6DE2FC2E6FC H2D G6CJ :?G@=G65 H:E9 E96 4@>>F?:EJ 2?5 E96 D49@@=[ :?4=F5:?8 9@DE:?8 2 C646?E 7F?5C2:D6C 7@C E96 9:89 D49@@= 32?5]k^Am

kAm“%9:D 4@>>F?:EJ =@G6D 9:>] (6 2C6 2 D>2== E@H? 2?5 E9:D 92D C@4<65 FD[� !CF56? D2:5] “x 5@?’E E9:?< E92E 2?J@?6 E9@F89E E92E xrt H@F=5 4@>6 96C6]�k^Am

kAmxD236= vF2C5:2? D2:5 D96 E2=<65 E@ 96C 72E96C @? %F6D52J] w6 H2D :? r2A6 v:C2C562F[ |:DD@FC:[ 2H2:E:?8 56A@CE2E:@?] w:D s&x 42D6D H6C6 A@DEA@?65 E@ }@G6>36C 3FE C6>2:? A6?5:?8]k^Am

kAmx? $AC:?87:6=5[ s6>@4C2E:4 w@FD6 >6>36CD 96=5 2 AC6DD 4@?76C6?46 2E E96 $E2E69@FD6 @? %F6D52J[ DF886DE:?8 =68:D=2E:G6 7:I6D DF49 2D D276 K@?6D 2C@F?5 49:=542C6 46?E6CD[ 9@DA:E2=D 2?5 4@FCE9@FD6D]k^Am

kAm“(6 2C6 2 ?2E:@? 3F:=E @? =:36CEJ 2?5 5F6 AC@46DD[ ?@E 762C 2?5 5:D2AA62C2?46] }@ @?6 D9@F=5 36 E2<6? 7C@> E96:C 72>:=J[ 7C@> E96:C 9@>6[ 7C@> @FC 4@FCE9@FD6[ 7C@> E96 DE@C6 @C E96:C ;@3 H:E9@FE 42FD6 @C 4@>A2DD:@?[ D2:5 #6A] }:4@==6 vC2DD6[ s\pC=:?8E@? w6:89ED] “~FC 4@>>F?:EJ 56D6CG6D C62= D276EJ[ E96 <:?5 E92E 4@>6D 7C@> ;FDE:46[ ?@E :?E:>:52E:@?]�k^Am

kAmk6>m%9:D DE@CJ H2D HC:EE6? 3J q6E9 wF?5D5@C76C H:E9 r2A:E@= }6HD x==:?@:D 2?5 k2 9C67lQ>2:=E@iy~562o36EE6C8@G]@C8Qmy2?6==6 ~’s62k^2m H:E9 x==:?@:D p?DH6CD !C@;64E]k^6>mk^Am

kAmk2 9C67lQ9EEADi^^42A:E@=?6HD:==:?@:D]4@>^Qmk6>mr2A:E@= }6HD x==:?@:Dk^6>mk^2m k6>m:D 2 ?@?AC@7:E[ ?@?A2CE:D2? ?6HD D6CG:46 E92E 5:DEC:3FE6D DE2E6 8@G6C?>6?E 4@G6C286 E@ 9F?5C65D @7 ?6HD @FE=6ED DE2E6H:56] xE :D 7F?565 AC:>2C:=J 3J E96 x==:?@:D !C6DD u@F?52E:@? 2?5 E96 #@36CE #] |4r@C>:4< u@F?52E:@?]k^6>mk^Am

kAm%9:D k2 9C67lQ9EEADi^^42A:E@=?6HD:==:?@:D]4@>^?6HD^E96J\2C6\=:E6C2==J\E2C86E:?8\A6@A=6\:46\4@>6D\E@\D@FE96C?\:==:?@:D^Q E2C86ElQ03=2?<Qm2CE:4=6k^2m 7:CDE 2AA62C65 @? k2 9C67lQ9EEADi^^42A:E@=?6HD:==:?@:D]4@>Q E2C86ElQ03=2?<Qmr2A:E@= }6HD x==:?@:Dk^2m 2?5 :D C6AF3=:D965 96C6 F?56C 2 k2 9C67lQ9EEADi^^4C62E:G64@>>@?D]@C8^=:46?D6D^3J\?5^c]_^Q E2C86ElQ03=2?<QmrC62E:G6 r@>>@?D pEEC:3FE:@?\}@s6C:G2E:G6D c]_ x?E6C?2E:@?2= {:46?D6k^2m]k:>8 DEJ=6lQH:5E9i `6>j 96:89Ei `6>j >2C8:?\=67Ei `_AIjQ DC4lQ9EEADi^^:_]HA]4@>^42A:E@=?6HD:==:?@:D]4@>^HA\4@?E6?E^FA=@25D^a_ac^_a^4C@AA65\r2AE:@=\}6HD\x==:?@:D]A?8nC6D:K6l`d_Tar`d_U2>AjBF2=:EJl`__U2>AjDD=l`Q 2=ElQQ ^mk^Am

kAmk:>8 :5lQC6AF3=:42E:@?\EC24<6C\E@@=\D@FC46Q DEJ=6lQH:5E9i `AIj 96:89Ei `AIjQ DC4lQ9EEADi^^42A:E@=?6HD:==:?@:D]4@>^nC6AF3=:42E:@?\A:I6=lECF6U2>AjA@DElggfffU2>Aj82clv\u'(b{usgazQ 2=ElQQ ^mk^Am