• Aucun résultat trouvé

Les transformations du temps partiel en France après les lois relatives à la réduction collective du temps de travail

N/A
N/A
Protected

Academic year: 2021

Partager "Les transformations du temps partiel en France après les lois relatives à la réduction collective du temps de travail"

Copied!
13
0
0

Texte intégral

(1)Les transformations du temps partiel en France après les lois relatives à la réduction collective du temps de travail Laurence Boutitie. To cite this version: Laurence Boutitie. Les transformations du temps partiel en France après les lois relatives à la réduction collective du temps de travail. Philippe Auvergnon. Droit et emploi en Europe du Sud : la convergence dans la différence, Maison des Sciences de l’Homme d’Aquitaine, p. 133-144, 2000. �halshs-00125324�. HAL Id: halshs-00125324 https://halshs.archives-ouvertes.fr/halshs-00125324 Submitted on 19 Jan 2007. HAL is a multi-disciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers.. L’archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d’enseignement et de recherche français ou étrangers, des laboratoires publics ou privés..

(2)    

(3)  

(4)  !"# $$%!& '"("!)  (* +,  - . /0

(5) 1/(,(/+2&2 !3  4+, 25. 86 7)9;: <=:?>A@CBD@FE?GH<=IJ:)KLIJMN<=OPGQ:NB5BR:E0S)TQUVSFGQWLXZY8SLI[6P\V]^W_:K`E@FU_@VSFKJEa<=IJUbMcENd0<eIgfh:i7Vj#U_M_kaS$BHSFG[KeXZIlWmO8: WNS&<eGQEafbE)InKop<=:)>A@CB4d)Y_UmI`BQIJqrWFE)MmBKZ:tsNSh:uK(Kl:vBwE)KZEPG%IxO d)Um>r>(: KeX`:)>y@FKJUbzb:aSFG4W_O)d)IlW_:)MN<2KZI|{_Gw:u>(:)MN< WLXl:u}e}=:Nd0<`Sh:?GSFMp<=:P>A@~BW_:<eGQEafFE)IJK!InMF}=O?GQIZ:0SFG$od):)KSLIcWLXgSFM€<=:)>A@LBd)Um>A@FKl:a<:<WLXlEu>cOuME?‚F:?G$KJ:aSFG0B Y_U_GQE)I|GQ:8BQqLKl:ƒ<eGQE0fFE)IJKo<=:)>A@LB[@FE?GH<=IJ:)KC:VBH<„W_:afF:)MNS {b:)EaS d)UVSF@@_KS†B#BHSF{FICsNSh:*d)YUmI`BQIˆ‡ˆ7N‰;M(:)}H}e:a<=qLIJKBPXl:NBH< EafbO?GQO4Ša<eGQ:,SFM‹InMFBH<eGHSh>r:)MN<!fF:tda<=:aSFG(WLXZ:)>A@FKJUmI:)M‹d):sNS†XZIJKU_@FŒ?GQ:,SFM_:GQO)WNShd0<eIJUbM‹IJM_W_I|fLIlWNSh:)KZKl:4WS <=:?>A@LBW_:y<eGQEafFE)IJKe7 9;: KlO?‚FIŽBQKlEa<=:0SFG!E>*SLK<ˆIJ@FKnIlO Kl:B!IJMFd)I<=Ea<eIJU_MmB!}eIJMFEuMFd)IlŒ?GQ:8B!:a<ƒENB5BwUSF@_KJI#BQU_MGQO?‚FIJ> : TˆSFGQIJWbIlsNSh:(Eu}eIJMWCXlENB0BHSFGQ:PGBwUbM$W_O?fb:uKgUb@_@F:)>(:)MN<R7b9;:*<xGˆEafbE)IZKDo*<=:)>A@LB#@hE?GH<eIJ:)K[BPXZ:VBH<E)IJMmBQIDOtd)E?GH<=OrW_:yKlE KJU_‚mIlsNSh:WNS<=:)>A@LB$d)Y_UFIZBQIlq@FUVSFG$W_:afF:PM_InG @_GQIJMFd)I|@hEuKx:)>r:)MN<rSFMInMLBe<eGHSh>r:)MN<W_:NBH<eIJMOod?GQO):?G$UVSvo BQE0Smfb:?‚FE?GQW_:?GKeX`:)>r@FKJUmI[UVS:?MFd)U_GQ:o(d)U_MN<eGˆI|{VSh:PG!oKHX`IlMmBR:?GH<eIgUbMq‘fbUmI|GQ:KlE W_ONBQIJMLBR:?GH<eIgUbMqDWm:(d):?GH<=E)IJM_:VB d)Ea<=OP‚_U_GˆIJ:VBW_:*<`GQEafbE)IZKJKl:tSFGRB07m’“d):*<eI<eGQ:tq~IJKCGQO?@FU_M_W$oyW_:8B}eIJMFEuKlI<=ONB#@_GQUFd?Y:NBW_:rd):)KZKl:NBENB0BQIJ‚FM_O):VBoyKlE GQO)WNShd0<eIJUbM(d)UFKnKl:)d0<ˆI|fF:!WNS<=:P>A@~B;W_:<eGQEafbEuIJKC:0<'B0XlInMLBRŒPGQ:*W_EPMmB'KlE<eY_O)>(Ea<=IJsNSh:*WNS@FE?GH<=E?‚F:!WNSr<=:?>A@CB;Wm: <eGQEafbE)InKx7 C” 7_•ˆKCO0<=E?I<;W_U_M_d*MEa<`SFGQ:)KCsNSh:KJ:NB#KJUmI`B#’SF{_Gˆz(•#:a<[•ˆ•–d?U_MN<eIg:uM_M:)MN<;W_:NBWbIZB=@FU BQI<ˆIJU_MLB'Gw:uKgEa<ˆI|fb:bB EaS‹<=:?>A@CBr@FE?GH<eIJ:)KƒEu}=InM—W_:GQO?‚FKl:?GQq MU<=EP>y>(:)MN<=q#KJ:VB W_IJ}H}=IZd0SLK<=OVB(WLXlE?GH<=IJdaShKlEa<ˆIgUbM‹:)MN<eGw:KJEGQO)WNShd0<ˆIJU_M d)U_KJKZ:tda<ˆI|fb:A:a<;InMWbI|fFIlWNS :uKJKl:AWNS <=:)>A@LBW_:<eGQEafbEuIlKJq~>(E)I`BEaSCB5BQI†E)}eInM$W_:A>(:a<l<eGQ:*KJEAW_O)}eIJMmI<=IJUmM }`GwEuMk8EuI`BR: WNS‹<`GQEafbE)InKƒo,<=:u>˜@LBr@FE?GH<eIl:)K:)M‹d)U_M_}eU_G%>rI<=O4E?fF:tdKlE"W_I|GQ:)d0<eIgfb:4d)Um>r>ASLMEaS_<=E)I|GQ:4WNS™6)š–W_O)d):)>A{_GR: 6P›_›_\Vœ07L9;:KlO?‚FI`BQKlEa<=:aSFG!E,BQE)I`BQI#KeXZUFd)d)ENBQIgUmM@FUVSFG!Ub@FO?Gw:aGSFM:fhO?GQI<=E0{FKZ:Gw:u}eUFMN<=: WNS4<eGQEafbEuIJK#oy<=:)>A@CB @FE?GH<eIg:uKx7 9;EKJUFI[WNS6PžATˆShInM—6P›_›mŸBX`:NBe<E)InMLBQI[E0<`<=E)d?Y_Ot:oy@_GQI|fFIZKlO?‚FIl:?GKlEMO?‚FUFduIgEa<ˆIgUbM2W_:{GQE)M_d)Y_:tq o :?MdNEtWVGQ:?G'Kl:GQ:)d)UVSFG5B;EaSF¡ YF:aSFGQ:8B#d)U_>A@FKZO)>(:)MN<=E)I|GQ:VBwqLoAKnIl>I<=:PG'Kl:cMUm>A{_GQ:!:a<[KlE!WNSFGQO):AW_:NBd)UVSF@VSFGQ:NB sNShUN<eIJW_Il:uM_M:NB[E)}ˆIJMrW_:>(:a<`<`GQ:}eIJMrEaSF¡(W_O?GQI|fh:NB[d)U_MmBe<=Ea<eOt:NBQ¢07. £V¤F¥„¦i§`¥Q¨)©Qª[«Žª[«`¬­|®tªD¯D®)¨¨?¬±°)ªQ¥Q® ²t³®u«L´%³µªˆ°)´D¶0®8ªD©5ªQ³®t¬V·PªR« ¥Q®?­g§ZªR«m²)¥Q¸t«~ªˆ®)§`¹5²t´5ªQ¨8«L¥=°)ª%©D®t¨)ª²)§`¹5²t¹0§Z­µ¬|¹0¨·Pª­|§`¥=°)¥5¬³V¯ ­JªQº'²8«_²P¥%§Z­µ¬|ªQ³8©Q¹0¨a­µ§`¥Q¬¨?­u·?ª†³Z»¹0§`·0§`ª·Pª~¼P½P¾*¿QÀm®P§`¹P«Z­J¥ˆ­lÁ0ª%¨P¶0®)ˆ­JªR«V¦V¹0§`©QªR«m·Pª~­J§l¥ˆ°)¥R¬|³|Á QÃ?ÃPÄ ¿ ÅVÆ ¬§`ª%©ˆ­J¬ °)ªªˆ®)§`¹5²t´QªQ¨?¨)ªC¨8Ç ÃaÈ5ÉlÊi ·a® %Ä ·P´%©QªQº[Ë)§`ª QÃ?Ã0ÈÌHÍ8ÎDÏVÐ ¨tÇ 0 ¼'·5®#Ñ0½hÒH¥Q¨0°)¬|ª=§ QÃ0Ã?Ê ¿ Ó ¤F¹0¬8·a® ˆÔ Ҏ®t¬¨ %ÃPÃ0Ê ·8»¹0§`¬|ªˆ¨?­µ¥%­µ¬|¹0¨'ªˆ­i·V»±¬¨)©Q¬­µ¥%­µ¬|¹0¨ §`ªQ³|¥ˆ­J¬ °)ª¯³µ¥~§`´Q·0®)©ˆ­J¬µ¹0¨'·a®[­JªQº'²8«_·Pª ­µ§`¥ˆ°)¥R¬³ ÌHÍ8Î ·5® ¼LÒ`®)¬¨ QÃ?Ã0Ê ¿.

(6) 9;EAKJUmICWNS‹6P›TQE)MVfFIl:?G'” E*@FUVS_GRBHShIgfFI dN:A>rUVS_fF:)>:?MN<;W_:*>cUbGQE)KJI`BREa<eIJU_M WNS <=:)>A@LB;@FE?GH<eIJ:)K†:a<[KShIDE }=EuI<#@_GQ:)M_WVGQ: BQ:VBƒWbI`BH<=EPM_d8:NB@FE?GGQEP@_@FUbGH< EaS_¡@FU_KJI<=IZsNS :NBƒWLX`:)>r@mKJUFI[:a<oKJErGQO)WNShda<=IJU_Md)UFKnKl:8da<eI|fh:WNS <=:?>A@LBW_:<eGQEafbE)IZK ‡ 79;:AKJOP‚mI`BQKlEa<=:aSFG#E˜W_UbMdcKJIJ>I<=O)q fbUmI|GQ:yBeSF@_@_GQIn>(O)qCKJ:VB#E)IlW_:NB#KZIlO):VBocKeXl:)>y@FKJUmI†WLX|SCM BQE)KlE?GQIJOo <=:)>A@LBD@FEPGH<eIJ:)KZœ07 žL7V’S=W_:uKgo*W_:NB;sNSh:VBH<eIgUbMLB#BHSCBRd)I<=Ot:NB[@FE?G'KJEGQ:)>I`BQ:!:)M d)E0SCBQ:!W_:NB'IJMFd)I<=Ea<eIJU_MLB'}eIJMFE)M_d)IlŒ?GQ:VB;EtS GQ:?‚FEPGQW W_: KeXlOtfbUmKS_<=IJU_M WNS <=:?>˜@~B4@FE?Ge<eIJ:)KZqKlEBQ:td)UbMW_: KJUFI ’Sm{Gwz E)W_U_@V<=:p<eUVSV<=:€SFM_:BwO?GQIJ:Wm: W_IZBˆ@FULBQI<=IJUbMLB;W_:VBH<eIJMON:8B'o!KgShILGQ:tW_UbM_M:?G BwUbM(d)EPGQE8da<=Œ?GQ:W_:<=:?>A@CB;duYUmIZBQIC:0<[o!d)UbM_}eOPGQ:?G;EaSm¡$BwEuKlE?GQIlOVB#o <=:?>A@LBƒ@LE?Ge<eIJ:)K„ShMfFO?GQI<=E?{FKl:,BH<=Ea<`Si<R7 9;EMUN<eIJU_M4W_:y<eGQEafbEuIlKZKl:aSFG!oy<=:)>A@LB@FEPGH<ˆIg:uK;:NBe<Gw:?M_UVS_fF:)KlO8:)q KJ:VB WVGQU_I<QBƒW_:NB*BwE)KZEPG%IlOVB!BQU_MN<#GQ:PM_}eUbGQdtONBQqDKlEM_O?‚FUFd)IZE0<eIJUbM d)UbKJKl:)da<=I|fF:(Umd)d0SF@F:cShM_:y@FKlE8d):y@_GQI|fFIZKlO?‚FIlON:KgUbG0B W_:yKeXZIJMLBe<ˆI<`S_<eIgUbM$:a<W_:yKeXlE)>O)ME?‚L:)>(:)MN<WNS,<=:P>A@LB@FEPGH<eIJ:)KJqDKZ:BˆzhBH<=Œ)>(:yW_:rKeX`E)M_MNShE)KZI`BREa<=IJU_M$WbI`Bˆ@FEPGQE x< EaS“@_GQU_}HI< W_:W_O?G=Ub‚FEa<eIgUbMFBd)UbMVfb:)MN<=IJUbM_M:)KZKl:NBBQUVSh>yI`BR:NBoW_:NBdtUbMWbI<=IJUmMFB4GQIn‚FUVSFGQ:aSCBw:NB079;E KJULI >(E?GQsNSh:!E)InMLBQI†BQU_MIJMN<=:)MN<=IJU_M(W_:*W_UN<=:?G[KJ:<eGQEafbEuIlKZKl:aSFG;oƒ<=:P>A@LB[@FE?GH<=IJ:)KLWCXgShM BH<=Ea<`Si<'B`<=Ea{FKl:!W_EuMFB'Kl:)sNS :NK Kl:VBIJMLBH<eGHSh>r:)MN<QBƒW_:}ˆKl:?¡FIg{hIZKJI<wOBwUbM8<:)M_d)EtWVGQOVBUVSKJE)IHB5BwOVB:)MN<eGw:KJ:VB>(EuIJMLB!W_:@FEPGH<=:?M_E)I|Gw:B˜BQUFduIgEaSL¡ <eI<`ShKJE)I|GQ:VBWLX|SLM: KlO?‚FI<ˆIl>rI<QO @FE?Ge<eIJdaShKZIlŒ?GQ:V7 r:d): @FU_IJMN< W_:—fiSh:)qyKl:NB4@_GQIJM_d)IJ@FE)Kl:B>rUFWbIJ}ˆIld)E0<ˆIJU_MLB E?@_@FU_GŽ<=Ot:NBr@FE?GrKJEKgUmI’Sm{Gˆz‹•ˆ•IJMN<=OPGQ:NB5Bw:)MN<cEaSCB5BQI#{FIZ:)M‹Kl: GwO?‚mIl>(:W_:4WVGQU_I<cd)U_>y>ASh. M H

(7) • (sNSh:Kl: GQO?‚FIJ>(:d)UbM8fh:)MN<eIJU_M_MF:)KFW_O?GQU_‚FEa<eU_I|GQ:WNSr<=:?>A@LB‘@FE?GH<eIJ:) K H•=

(8) • 57 . . . !". #$&%'. %. "()+*)+. ,. "(-(./-0)+$"(. 1'!%*1 2C7N9;:8B @_GQIJMFd)I|@hEuKl:NB[GQŒP‚mKl:VB;W_:{FEVBQ:GQ:)KlEa<=Igfb:NB;EaS <eGQEafbE?IZK oƒ<=:)>A@CB[@FE?GH<eIJ:)KC}ˆIJ‚VSFGQ:)MN<„W_ONBQU_Gˆ>rE8IHB. aE S_¡2E?Ge<eIJd)KZ:VB'97_”D60”32H”$:0<D97b”D60”42ˆž WNS2j#UmW_:AWNS(<eGQEafbEuIJK`7_•QKCGQ:VB5BwUbGH<;W_:8B#W_IZBˆ@FULBQI<=IJUbMLB#KlO?‚FE)Kl:VB#K`E fFUFKJUbM8<=O W_:€GQOtE)d<`ShEPKnI`BR:?G4KJE MU<eIJU_M&W_:<`GQEafbE)InK(op<=:P>y@LB2@FE?GH<eIl:)K$ ˆ’ 4:a<2W_:>rIZ:0Sm¡ :uMd)E)WVGQ:PGKlE }ˆKl:?¡FI|{FIZKZI<=OsNSLIFKl:d)E?GQE)d0<=O?GQIZBQ : 65 07. £ ¤F¹0¬h·a® %à Òe¥5¨0°)¬|ªQ§DÑP½?½P½§`ªQ³|¥ˆ­J¬±°)ª#¯³µ¥ §`´Q·0®)©ˆ­J¬µ¹0¨*¨)8´ 7P¹0©Q¬|´Qª ·P®*­JªQº'²u«„·Pª'­J§Z¥=°)¥5¬|³ Ì0Í8Î ·0®˜Ñ?½[ÒH¥Q¨0°)¬µª%§DÑP½P½0½N¿ 90®P§D³¥ Q© ªQ¨8«x®t§`ªDª

(9) :;:`ªQ©ˆ­|®)´Rª²)¥R§m³µª=< ¹0¨u«ŽªQ¬|³i©%¹0¨u«x­J¬±­|®P­|¬µ¹0¨?¨)ªQ³8·0®·Pªˆ§l¨)¬|ªˆ§L¥Q³¬¨t´%¥[·PªD³`»¥Q§n­g¬|©Q³|ª Ô Ñ?>A@B@F·?ªD³µ¥D³|¹0¬Vª8CP©%³®)¥Q¨?­i·0®'Ë)´Q¨)´

(10) :l¬|©Rª ·Pª³|¥D70¥Q§Z¥Q¨?­µ¬|ª†·?ªC§`´Qº'®P¨)´ˆ§`¥ˆ­J¬|¹0¨'³µª5«h«Ž¥R³¥Q§Z¬µ´5«F¯­Jªˆº'²8«_²)¥Q§n­g¬|ªQ³)¶a®t¬)¹0¨?­i©

(11) Et¹0¬J«Ž¬8·PªCº ¥Q¬¨?­Jªˆ¨t¬§_¹5®#·i»¥R©Q©ˆ§`¹GF|­µ§`ª³|ªˆ®P§F·a®P§`´Qª·0® ­µ§`¥ˆ°)¥5¬³P°)¹0¬|§ Æ ´%©Q¬J«`¬|¹0¨'¨uÇ ÃPà >g¼PÑ Ô Æ <y·5® QÔ Òe¥Q¨0°)¬|ªQ§mÑ0½P½P½ Ì

(12) HJILKNM0OLPRQSATU ¨8Ç QÔ ½ È ¼·0® ˆÈ ÒH¥Q¨0°)¬µªˆ§ˆ¿V90®P§m©QªC­AEVWQº#ªD<X:e¿Y<¿ Æ \ RÁ ]9_^`@a<yªˆ­t§`´Q·a®t©ˆ­J¬|¹0¨'·0® ­gª%º[²8«m·PªL­|§`¥=°)¥5¬³ Ì ³|¥C²)¹0³µ¬ ­J¬µ¶a®Pª†·?ªR«b²tªˆ­J¬­l«V²)¥c« bt8Á d I

(13) eO

(14) PYQ8e_QÃPÃ?à Áa²0²i¿ Ã?Ê f > ÃPÃ?Ä ¿ Z [ D ÅV¤†»¥Q§Z­µ¬|©Q³|ª QÔ ·PªC³|¥³|¹0¬i«Z®?²P²P§Z¬µº ªC³`»¥ˆË)¥Q­­JªQº#ªQ¨a­i·Pª Ô ½P¾ «Z®P§_³|ªCº'¹0¨?­g¥%¨0­i·?ªR«m©Q¹5­J¬g«Ž¥Q­|¬|¹0¨u«b²P¥%­µ§`¹5¨)¥Q³|ªR«m·PªD«`´Q©ˆ®)§`¬­g´D«`¹0©%¬µ¥5³|ª ¥%®t¶0®)ªQ³F¹5®0°)§`ª'·0§`¹0¬­_­J¹5®?­ «Z¥5³¥Q§`¬|´[¯­gª%º[²8«~²P¥Q§Z­µ¬|ªQ³mªQº[Ë)¥%®t

(15) © E)´RÁ_«`¹5®8«©Q¹0¨?­µ§`¥ˆ­F¯ ·0®P§`´Qª'¬¨?·P´ˆ­JªQ§Zº#¬¨t´%ªRÁ8¥%®²t³®u« ­µ¥Q§`·®P¨¥Q¨ ¥%²Pa§ WR«D³`»¥=Ë)¥5¬J«e«`ª%º#ªQ¨0­C·?ª#³|¥·a®P§`´Qª#³|8´ 7P¥5³|ª#·0®*­J§l¥ˆ°)¥R¬|³m¯ Ô?Ä E)ªˆ®P§ZªR«ˆh¿ g'¿8¦F¿N¦ [ gÀ iDiD À < >Aj \ ZJk ] ¤Fª'­J§`¥ˆ°)¥R¬|³L¯#­Jªˆº'²8« ²t¥%§Z­µ¬|ªQ³ Ì

(16) © E)¥QY¨ 7?ªQº#ªQ¨a­u·?ª†©%¥Q(² bt8Á d I

(17) eO

(18) PYQ8e_QÃPÃ?Ã Áa²0²i¿ ½P½?Y¼ > ½P½ Ê ¿ Ñ.

(19) )D% 

(20)    . Fš 7 9;:"<eGQEafbE)IZKrop<=:)>A@LB2@FE?GH<eIJ:)Kr@_GQ:)M_W W_:VBdtUbM8<=USFGQBMUS_fb:)EaSF¡ o€KlE BeSLI<=:—W_:€KlE€@mKlE)d8: @_GQ:)>rIlŒ?GQ:AsNShID:NBe<[GQONBw:?GˆfFO):roAKlEyM_OP‚FUmd)IJEa<=IJU_M d)UFKnKl:8da<eI|fF:rKJU_G5B#W_:BQU_M$InMLBe<ˆI<`S_<eIJUbM:a<;W_:AKlEyW_O)}eIJMmI<=IJULM GQ:?MUS_fb:)KZOt:W_UbM8<IJKF}ˆE)I<‘KeXZUV{PTR:a<R7.  "!$#%'&() *,+-#/.-+)%0*) 1

(21) 12* .-+32"4657+3+

(22) 1&(+

(23) &,298 # % :;1< +=% :.=+

(24) .=>'.-+)%?8'>0.@5#'3#'+1BAC.-2DE46: 46# 5F.-+21 LG 7m9;:NBM_U_GQ>r:VBd)KlENB0BQIJsNS :NBƒW~XlInMLBe<ˆI<`SV<eIJU_MWNS2<eGQEafFE)IlK[oy<=:?>A@LB@FE?GH<=IJ:)K'BQU_MN<#GQOtEu>cOuME?‚FO8:NBƒEtS @_GQU_}HI<W_:yGQŒP‚mKl:NB>(E?GwsNShEuM8<KJ:aSFG@_GwOu}=O?GQ:)Md)::)M}=E?fF:?SFGW_:KJEMFOP‚FUmd)IJEa<=IJU_MdtUmKJKZ:tda<ˆI|fb:V7m‰'M :u}e}=:a<=q„Kl: M_UVS_fF:)KE?GH<=IJd)Kl:,97„”D60” 42H”‹WNS—j#UmW_:WNS<eGQEafbEuIJK#GQONBR:PGHfF:ShM_:$@mKlE8d):,@_GQIJU_GQI<=E)I|GQ:oKlEM_O?‚FUFd)IJEa<=IJUmM d)U_KJKZ:tda<ˆI|fb:@VShI`BQsNSh:$EaSm¡2<=:?GQ>r:NB˜W_: BwUbM EuKlIJMFO)E@_Gw:u>rIl:?GIHJ8'2:LK')5#'+=52:AM.-2DN46:O46# 5.-+214P2> 32%Q. R .@572J465S#/.-+T > &:U:7>5V1-#XW # :2Y8I< >%'2Z*)%'32%/.=+

(25) )%[) >\8I< >%]#'**)5S8]8'2^W 5S# %'*K'2_& .=2% 8'>]) >\8I< >%"2 *)%'32%/.-+

(26) )%`) >a8I< >%b#'**)58b8I< 2%/.c52

(27) 465d+-:2e) >a8I< & .c#/W1+-::d2D2%/."fL79;:™KZOP‚mI`BQKlEa<=:aSFGIJMVfFI<=:™Kl:bB @FE?GH<=:PM_E)I|GQ:NBBwUmd)IJE0Sm¡oc}eE)IJGQ:AW_:AKlEAM_O?‚FUFd)IJEa<=IJU_M d)UmKJKl:8da<eI|fF:AKl:A>rUmW_:˜WLX`E)d)d)ŒVB;@_G%I|fFIlKZOP‚mIlOAEaS <eGwEafFE)IJKDo <=:?>A@LB(@FE?GH<=IJ:)K ‡ 7 rE?MFB dt:a<Z<=:4YVzV@FUV<eY_Œ8BQ:)qK`Xl:u>r@FKJUbzb:aSLG$BQ:)>A{FKl:"W_IŽB=@F:)MmBRO"W_:4GQ:)daSh:)IJKZKlI|G KeX`E?fFI`B W_:VB IJMLBH<=I<`S_<eIJU_MmB Gw:?@_GQONBw:uM8<=Ea<eI|fF:VB$WNS @F:?G5BwUbMiM_:)Klqƒ<eGwE)WVI<=IJUbM_M:)KZKl:)>:)M8<MO)d):VB5BwE)InGw:)q*KJU_G5B$W_:KJE>yI`BR::)M @FKJE)d):WNSr<eGQEafbE)InKho <=:?>A@CBD@FE?Ge<eIJ:)K`7 L\ 7 c:@_KSCBwqKlE"KJUFId)U_M_}HIl:"Kl:pBwUmIJM E0Sm¡—@FE?GH<=:?ME)I|GR:NBBQUFd?IJE0Sm¡ W~XlU_Gˆ‚FE?M_I`BQ:?G Kg:Bd)U_M_W_I<=IJUbMCB WLXlE)d)d)ŒVB[WNS$BQE)KlE?GQIlOEaSr<=:)>A@~B‘@FE?GH<eIl:)KmKJU_G5BwsNSC:d):W_:PG%M_Ix:?G[:?Mr}=EuI<DKlEW_:)>E)MW_:uœ7u‰;KJKZ:O0<=:?M_WrWCXZE)IZKlKl:aSFG5B KlEW_Oa<=:?GQ>rIJMFEa<eIJU_MW_:d8:NBr>cUmW_E)KZI<=ONBrWCXZEtd)d)ŒVBrEaS<=:P>y@LB˜@FE?GH<=IJ:)Ko KlE,@_GwONBQ:)M_dt:W~X|ShM_:d)U_MVfF:)M8<ˆIJU_M WLXl:uM8<eGQ:?@_GˆI`Bw: US“WLXlOa<=Ea{FKJI`B0BQ:)>(:)MN<2:5<$M_U_M@FKSCB"Bw:aShKZ:)>(:)MN<2o dt:uKJKl: WLX|SLM: d)U_MVfF:)MN<=IJU_M&UVS“WLXgShM E)d)dtUbGQWrW_:'{_GQE?Md)YF:Oa<=:?M_WNS†7 9;E>I`Bw: :uM2E?fFE)MN< W_:KZEMO?‚FUFduIgEa<ˆIgUbM2d)UmKJKl:8da<eI|fh:c<eGQEPWNSLI<IJ>r@FKnIld8I<=:)>:)M8<KgEyfFUmKJU_MN<=O(W_:}eE)InGw:TQUSh:)G EaS_¡@FE?GH<=:?MEuIµG5:8BBQUFd)IJEaSF¡ShMGg_KJ:A>(EˆT5:0SFG#W_E)MmB#Kl:NB#dtUbMWbI<=IJUmMFB#W_:A>rI`BR:A:)M@FKJE8d):AWNS <=:?>A@LB;@FE?GH<=IJ:)Ke7 £ [ ·?

(28) ´ :l¥%®P­_·Pª­J8ª C0­JªD©Q¹0¨0°)ªQ¨?­J¬|¹0¨P¨)ªQ³|Á)³|ª­gª%º[²8«m²t¥%§J­J¬|ªQ³N²tªˆ®?­iˆ­µ§`ªDº ¬g« ª=¨ ²t³¥R©%ªD¥Q²Pa§ WR« ¥=°)¬J«L·a®©Q¹0º#¬­J´D·i»ªQ¨0­|§`ªˆ²P§`¬J«`ªD¹5®8Á)¯ ·P´ :l¥Q®?­lÁD·Pª5«·P´%³µ´ 70®t´0«·a®$²)ªQ§e«`¹0¨)¨)ªQ³µÁ‘­µ§`¥Q¨8«Zº#¬J«¯(³Z»¬¨u«x²tªQ©w­gªw®t§·0®,­µ§Z¥=°)¥5¬|³J¿0@l³'ªQ¨ªR«x­·?ªrº#ÂQº ªRÁDªQ¨³`»±¥ˆË8«`ªQ¨)©Qªy·tª §`ªˆ²P§`´R«ŽªQ¨?­µ¥%­µ¬|¹0¨A·0®²)ªQ§e«`¹5¨P¨)ªQ³L¥%²Pa§ WR«D¬Y¨ :Z¹0§lº#¥%­µ¬|¹0¨*·Pª#³`»¬¨8«Z²)ªQ©ˆ­Jªˆ®t§·0®*­µ§Z¥=°)¥5¬|³h«x®P§D³x» ¬¨)¬±­J¬¥%­J¬±°)ª#·Pª#³`»ªQº'²)³µ¹Q¸)ªw®t§D¹5®˜¯³¥ ·Pª%º#¥Q¨)·Pª·PªR«L«Z¥5³¥Q§`¬|´R«w¿ Å_¤†»¥Q§Z­J¬|©Q³|ª¤C¿0Ñ VÑ >|?¼ > à ·5® < ¹0·PªD·0® ­µ§Z¥=°)¥5¬³8§`ªw²P§`ªQ¨P·'²P³®8«m²P§`´Q©Q¬J«`´%º#ªQ¨0­_³|ªR«L·0¬J«Z²)¹P«`¬­J¬|¹0¨u«m·?ªD³x»¥Q¨)©ˆ¬|ªQ¨#¥Q§n­J¬µ©%³µª¤C¿?Ñ ?Ñ >n?¼ > Ä ·0® <L¹0·?ª!·0®­J§`¥=°)¥5¬|³J¿m¤Fª­J8ª Ca­gªA©5¹0¨0°)ªQ¨?­g¬|¹5¨P¨)ªQ³D·?¹0¬­D²P§`´H°8¹0¬|§#³ª5«#º#¹0·?¥R³|¬­J´R««`ªQ³J¹0¨ ³|ªR«Ž¶0®)ªQ³|³µª5«#³|ª²)¥«H«`G¥ 7Pª*·0®­gª%º'²u« ©Q¹0º'²)³|ªˆ­i¥%®;­JªQº²u«b²P¥Q§Z­µ¬|ªQ³V«Q»

(29) ª : :ZªR©ˆ­|®)ªRÁ?³µ¥²P§`¹0©%´Q·0®)§`ª†¯[«x®t¬±°)§`ªC²P¥%§_³µªD«`¥5³|¥Q§Z¬µ´5ÁP³|ª·P´Q³|¥Q¬N³¥5¬g«H«`´¯D³`»ªQº²P³µ¹5¸Pªw®t§_²)¹5®tc§ :l¹5®t§`¨?¬§ ®t¨)ª§`´ˆ²t¹0¨8«ŽªDº#¹5­J¬ °)´%ªRÁ8«H¹0¨´H°8ªQ¨?­|®tªQ³N§`

(30) ª :J®u« ·Pªˆ°)¥R¨?­_ˆ­µ§`0ª :`¹0¨)·P´[«Z®)§L·PªR«L§Z¥5¬g«Ž¹0¨8«L¹Qˈ҈ªQ©ˆ­J¬±°8ªR«w¿0¤F¥[³|¹0¬VªQ¨0°)¬g«Ž¥ 7?ªD8´ 7P¥5³|ªQº#ªQ¨?­ ³|¥C²P§`¹0©%´Q·0®)§`ª†¯D«Z®)¬ °)§`ª ²t¥Q§_³|ªD«Z¥R³¥Q§`¬|´†ªˆ¨'³`»±¥=Ë8«ŽªQ¨)©Qª·Pª~­gª C0­Jª†©%¹0¨°)ª%¨P­|¬|¹0¨P¨)ªQ³J¿ Ô.

(31) j#: Gg_KJ: :Be< WLXlEaS_<=E?MN< @mKSCBvIZ>r@FUbG`<=E?M8< sNSh: KlE MFUN<eIJU_M W_:™<=:)>A@LB@hE?GH<eIg:uKfFUFI<&BQU_M-duYE)>y@ WLXlE?@_@mKlIld)Ea<=IJUbMcOa<=:?M_WNSoKJE*BHShI<=:W_:KJEW_O)}HIJMFI<=IJUmMAGQ:PM_UVS_fF:)KlO):W_UbM8<†InKh}eEuI<DKeXZUV{PTR:a<R7. "!$#8'& +-%'+ .-+

(32) )%L8'>L.@5#'3#'+1 A0.=2DE46: 46# 5.-+21"*)% )5D29#'>8 57) +.'*)DJD>% #'>'.c#'+=572 . . FŸ 7)9XZEPGH<eIlduKl: 978”D60”32H”(WNSj#UmW_:WNSr<eGQEafbE)InK d)UbMFBQE)dPG5: SFMF:M_UVS_fF:)KlKZ:W_O)}ˆIJMFI<=IJUbM(WNSr<eGQEafbE)InK†o <=:?>A@LBƒ@FE?GH<=IJ:)K`7 9:y<eGQEafbE)InKlKl:aSFG!oy<=:?>A@CB@FE?GH<eIg:uK;MLXl:Be<@mKSCBd):)KgShI[W_U_MN<KeXZYUbGwE?I|GQ: :NBe<IJM_}=O?GQIJ:aSFG!WLXlEtS >rUmIJMLBShM4d)IJM_sNShIlŒu>(: o KlE WNSFGQO): KJO?‚FE)Kl: US–d)U_MNfb:uM8<eIJUmM_M:uKlKl: WNS<eGwEafFE)IJK`J7 rOVBQU_Gˆ>rE)I`BQq[KZ:,BwE)KZEPG%IlO o <=:?>A@LB#@FEPGH<ˆIg:uK‘:NBH<d):)KShI†W_UbM8<#K`XZYUbGQE)I|Gw:yW_:*<eGQE0fFE)IJKD:NBe<#IJM_}eO?GQIZ:0SFGo*SFM<=:)>A@LBd)UF>A@mKl:a<R7_9;ErWNSFGQO):rW_: GQO?}=O?GQ:)Md):Gw:Be<=:*KJE!WNSFGQO):AKlO?‚FE)Kl:AWNS<eGQE0fFE)IZKJqhUS2BQI:)KJKl:yKShI†:NBH<[IJM_}=O?GQIl:aSFGQ:)qLKlE*WNSFGwO):Ad)U_MVfF:)MN<=IJU_MVMF:)KJK`: @_GQEa<eIgsNShO):W_E)MmB[KlE {_GQE)M_d)Y:US(KeXZ:)M8<eGQ:?@_GˆI`BQ::0<>cŠu>(:!W_E?MLB[KeXZOa<=E0{FKZI`B0BQ:)>(:)MN<R7 L› 79;EM_UV<eIJU_MW_:,<eGQEafbEuIlKJKZ:?SFGro <=:u>˜@~B˜@FE?GH<=IJ:)K*BQ: <eGQUNS_fF:4:)M"@FE?GQ}=E)I<=:d)U_M_}eUbGQ>rI<wOE?fF:8dK`E W_O)}HIJMFI<=IJUbMrI`B0BHSh:WNSWVGQUFI<‘d)Ub>r>*ShMFEaS_<=E)I|GQ:W_U_MN<†KJE <eGwE?MmB=@FU BQI<=IJUmMcW_:tfbE)I<‘Ša<eGQ::?}e}ˆ:tda<`ShO):EaS(@FKSB†<=E?GQW Kl:” TRE)MVfFIl:?GD” L7Vj#:d)Y_E)Mi‚L:)>(:)MN<†@_GQONBw:?MN<=:W_:*BeSFGQd?GQU n<CSFMrInM8<=O?GQŠa<‘EaS(GQ:P‚FE?GQWrWNS(@FENB5BwE?‚F:EaSF¡(ž š Y_:0SFGQ:NB07D•QK#O?fFI<=:sNSh:2d):?GH<=E?IJMLB(BQE)KlE?GQIZO8BrM_:BwUmIJ:)MN<!@FK|SCBrd)U_MmBQIlW_O?GQO8Brd)Um>r>(:W_:NB(BQE)KlE?GQIlOBco<=:?>A@CB @FE?GH<eIg:uKgqBwEuMLB@FUVSFGEaS_<=E?M8<Ša<eGQ:(ENB5BQIJ>(IZKlONB!o W_:NB˜BQE)KlE?GQIZOVBƒoy<=:)>A@LB!d)Um>˜@mKl:a<=q}eEaS_<=:r@FUSFGƒ:aS_¡ Wm:MF: @FKSCB'GQ:)M8<eGQ:?G#W_E?MFB#Kl:ydtE)WVGQ:AWNS4BR:aShIJK}ˆI|¡hO*@FEPG KeX`E)MduIl:)M_M_:˜W_Ou}=InMFI<=IJUmMq~EP@_GQŒNB#KlE*GQO)WNShd0<ˆIJU_M dtUmKJKZ:tda<ˆI|fh: W_:KJEWNSFGQO):W_:'<eGQEafFE)IJKhW_EuMFB[KZ:0SFG[:?MN<eGQ:P@_GˆI`BQ:V7 9;EKJUmI#’SF{_GˆzM:BQ:dtUbM8<=:?MN<=:,@FE8BrW_:,GQOPM_UVfF:?GAKlEW_O)}eIJMmI<=IJU_MWNS<=:?>˜@~B˜@FE?GH<eIJ:)K:a<rBQ:8Br>rUmW_E)KJI<=OVB WLXZIJMLBH<=I<`S_<eIJU_M_qF:)KJKZ::)M8<=:?M_WrO?‚hE)KZ:)>(:)MN<‘>yIl:aSF¡(:)M_dtE)WVGQ:)G KgE}eKl:t¡FI|{hIZKlI<=OsNSLIhd)E?GwE)da<=O?GQIZBR:d):0<`<=:}eUbGˆ>c:Wm: <eGQEafbE)InKx7. P0%    =

(33) = " B  . . .

(34) . Y6 L7 9;:d)UbM8<eGQEa<(W_:<`GQE0fFE)IJKAo<=:u>˜@~B(@FE?GH<=IJ:)K!W_UmI<(Š0<`GQ:Oa<=Ea{FKJI*@FEPG O)d?GQI<y:a<(d)Um>˜@FUbG`<=:?GyShM d):?Ge<=E?IJM M_Um>A{_Gw:AW_:A>:)M8<ˆIJU_MmBU{FKlIJ‚FEa<=UbIµGQ:NBO)MNSh>(O?GQO8:NB#oAKeX`E?Ge<eIJd)KZ:*97_”D60”32ˆž WNS2j#UFW_:AWNS<eGwEafFE)IJKe7 9;:y}eU_GQ>rE)KZI`BR>:A@_GQU_@_GQ:rEaS$<=:)>A@LB#@LEPGH<eIJ:)K'BPXZ:?¡@mKJIlsNSC:r@FE?GKlEBQUVSF@FKZ:8B5BR:rd)U_M_}ˆO?GwO):ord):a<`<=:A}eU_GQ>r:rWm: <eGQEafbE)InKx7N9;EKgUmIL’SF{_Gˆz(:)MrGQO)WNShI<‘sNSh:uKgsNSC:@F:aSKlE@FUbGH<ŽO)::)MBQUVSh>r:a<`<=E?M8<Kl:NB„WVGQUmI<QB[W_:KeXZ:)>r@FKJUbzF:0SFG'o SFMr}eUbGQ>rE)KlIŽBR>(:GQ:)M_}eUbGwd)O)q_M_UV<=E?>r>:)M8<D:PMrd8:sNSLIhd)U_M_d8:?GˆM:KlEGQO?@FEPGH<ˆI<ˆIJU_MrW_:NB[YUbGQE)I|Gw:NB[WNSBwE)KZEPG%IlO:a< BQU_MrOafb:)MN<`Sh:)KJKZ:>rUFWbIJ}ˆIld8Ea<eIJU_M_qF:a<‘E)d)dPU_GQW_E?MN<‘W_:#M_UVS_fF:8EaS_¡(WVGQU_I<QB[E0S,BwE)KJE?GQIlOV7. ¼.

(35)  "!O298 57) + .B2%'*# 8 57&98'21< 2DE4;1)2>56A01=# 12+W+1

(36) + .-& . _6 6879;:NB2GQŒ?‚FKZ:8BGQ:)KlEa<=Igfb:NB4o KlE€GQOP@FE?GH<=I<ˆIgUbMvW_:NB4Y_U_GQE)I|GQ:NB US“o KeX|S_<ˆIJKZI`BwEa<ˆIgUbMvW_:B4Y:aSFGQ:VB d)U_>A@FKZO)>(:)MN<=E)I|GQ:8BA:)M4}eUmMda<ˆIgUbM4W_:VB{F:VBwUmIJMmB!WF:KeX`:)M8<`GQ:?@_G=IŽBw:}eUFMN<KeXlU{PTR:a<ƒWLX|SLM :uMd)E)WVGQ:)>(:)MN<@FKSDB GQI|‚FUVSFGQ:aS_¡C‡=7 06 ”C7)9;EGQO?@FE?G`<eI<=IJU_MrW_:VBDYF:aSFGQ:NB„W_: <eGQEafFE)IJKh:uM8<eGQ:KJ:NBFTQUbSFG5B„W_:KJE*Bw:)>E)IJMF:UVS KJ:VB'Bw:u>(E)IJMF:VB[WS >rUmI`B!UVSBwUbM2O?fF:)MN<`Sh:)KJKl:>rUFW_In}=IZd8Ea<eIgUbM4:8BH<BwUSh>rIŽBR: oASLM$@FKgSCBƒ‚_GQE)M_W}eUbGQ>rE)KlIŽBR>(:V7m9;: d)U_MN<eGQE0<W_: <eGQEafbE)InKW_UmI<!E)IJMLBQI#W_Oa<=:PG%>rIJMF:?GQq[@FE?GAOtd?GQI<=q'KJ:VBA>rUFW_E)KZI<=ONB(BQ:)KJUmMKl:NBwsNSh:)KZKl:VBAKl:VBAY_U_GQE)I|GQ:8BAW_: <eGQEafFE)IlK BQU_MN<;<eGQE?MmBQ>rI`B˜EaS‹BQE)KlE?GQIlO@FUSFG!d?YE)sNSh:TQUSFG=M_O):y<eGQE0fhEuIJKlKZOt:V7 FUVSCBGQONBw:?GHfb: WNS"Gw:NBˆ@F:)d0< <xGQE)W_I<eIJU_M_M_:8K WLX|SLM4W_O)KlE)I'WF:@_GQO?fF:)MEuMd8: W~XlEaS>cUmIJMLBA\rTQUVSFG5BQq Kl:$d)U_MN<eGQE5<ƒWVU_I<ƒO?‚FE)KZ:)>(:)MN<ƒW_O)}HIJMFI|GAKl:NB˜d)ENB˜W_E)MLB Kl:VBQsNSh:)K`B'SLM:>rUmW_IJ}ˆIld)Ea<=IJU_M$W_:KZEAGQOP@FE?GH<eI<=IJU_M$Wm:NBY_U_GQE)I|GQ:8B#@F:aS_<#E?fbUmI|GKJIl:aSE)IJMLBQIDsNSh:KlErM_Ea<`SFGQ:rW_: d):a<l<=:>rUFWbIJ}eIZd8Ea<eIgUbMh7 P6 žL7‘E?GrE?IJKJKl:?SFG5BQq#KJ:d)Y_:)}˜WLXZ:)MN<eGw:?@_GQIZBQ::VBe<!UV{FKnIJ‚FOWF:,GQ:8Bˆ@F:)da<=:PG*SFMY8'&1=#'+ 8'29465d&32% # %'* 2 WLXlEaS >cUmIJMLBA<eGQUbIlB#TQUSFGRBKJU_G5BwsNS†XZIZKƒ:uM8<=:?M_W"Gw:)d)UVSFG%IµGE0S_¡ Y:aSFGQ:NB(d)UF>A@mKlO)>(:)MN<=E)I|GQ:NBQœ7„’-W_O)}ˆE0S_<=qKl: BQE)KlE?GQIJOMCXZ:8BH<†@FENB<=:?M8SW_:KJ:8B[:?¡hO)daS_<=:?GD>rŠ)>(:KJUbGRBQsNS‘X`:)KnKl:VBDGQ:PMN<eGQ:?M8<‘W_E?MmB[Kl:NB[KZIl>I<=:NB[}eI|¡hON:8BD@FE?G'BQU_M d)U_MN<eGQE5<Q7 9;:WVGQU_I<‘W_:K`X`:)>A@FKJUbzb:tSFG[o SFM:d):?GH<=EPInM:}eKl:?¡FIg{hIZKlI<=OE)@_@FE?GQEn<‘WLXlEaS_<=E?MN<†@_KSCB„:uMd)E)WVGQOtqfbUmI|GQ:>rUFW_O?GQO)q sNSh:AKlEcKgUmIDE)dtd)UbGwW_:AEaS4BRE)KlE?GQIJOrW_:NB#@_GQO?GQU_‚FE5<eIgfh:8B#WF:NBH<eIJMFO):VB#orK|SLI†EVB5BeSFGQ:?G ShM_:A@FKgSCB#‚_GwE?M_WF:yBH<=E?{FIJKZI<QO W_E?MLBABw:NB!d)U_M_W_I<=IJUmMFBWF:c<eGQE0fFE)IZK;:a<#@FE?Gƒd)U_MmBQOtsNSh:uM8<ƒW_E?MLBKl:VB>rUm>(:)MN<QBƒd)U_MLBQE)d?GwONB!o,BQEfFIl::?¡V<eGwEV @_GQU_}e:NB5BQIgUmM_M_:)KZKl:V7. "!O298 57) + . # +-5SD&98'>:S#'1-# 57+&9A01-#:F.c#/W+

(37) 1+.=&  . 6 2C79;: BwEuKlE?GQIlO fFUmI<BQ:VBWVGQU_I<QBIJMFW_IgfhIlWNSh:)KŽB—GQ:)M_}QU_GQd)ONB—}ˆE)dt:™EaSF¡ >rUFW_In}=IZdtEa<ˆIgUbMLB sNSC: KeX`:)>r@mKJU_zF:aSFG#@F:aS_<;GQO)E)KJI`BR:?GW_:BQ:VBd)U_M_W_I<=IJUmMFBM_U_Gˆ>(E)KZ:VBW_:A<eGQEafFE)IJKe7m•QKDEKlE}eE8daShK<=OrW_E)MLBd):?GH<=E)IJM_:VB BQI<`ShEa<eIgUbMLB;GQ:)}ZSBw:?G#KJEA>rUmW_IZ}=IZdtEa<ˆIgUbMW_:cKlE*GwO?@FE?GH<=I<eIJU_M$W_:yBQE˜WNSFGQO):AW_:<eGwEafFE)IZK†>(Šu>(:AKJU_G5BQsNS†Xx:uKJKl:r:NBH< @_GQOafiSh:rW_EuMLBBwUbM$dtUbM8<eGQEa<Q7hj#:yWVG=U_I<#KShID:NBe<'Gw:)d)U_MVMNSd?Y_E)sNS :y}eUFIZBsNSC:rKl:NBMUS_fb:)EaSF¡YUbGwEuIµGQ:NB!BQU_MN< IJMFd)Um>A@FE0<ˆI|{FKl:NBPHJ#'32*J8'2: )'W1

(38) + ("#/.=+

(39) )% : # D+

(40) 1+-#'1

(41) 2:+-DN4;&5d+

(42) 2>:d2 : #'32*L1

(43) 2:7> +3+ 8I< >% 2% :d2+ ("%'2D2%Q. . £ <¿%­µ§Z¥=°V¿±Á0¥Q§n­l¿5¤C¿RÑ YÑ >n?¼ > Ô ¿ Å ¤†»ªQº'²t³|¹5¸)ªˆ®t§m§`ªR«Z­Jª³µ¬±Ë?§`ª†·?ª†³|ªR«b®?­g¬|³|¬J«`ªQ§m·0¥Q¨8«m³¥D³|¬º#¬ ­Jª†·a®·?¬ACP¬ W%º#ª†·?ª†³|¥D·a®t§`´Qª0E)ªeË)·P¹0º#¥5·P¥%¬§`ª¹5®º ªQ¨8«Z®tª%³µ³|ª~²t§`´e°?®)ª ²t¥%§_³µª©Q¹0¨?­µ§Z¥%­u·?ªL­µ§`¥ˆ°)¥5¬³Z¿QÀF³|³|ªR«L«`¹0¨a­u§`´ˆº'®P¨)´Q§`´%ªR«m¥ˆ®[­J¥%®?CD¨)¹0§lº'¥Q³Nªˆ­t¨)ª :l¹0¨?­8²P¥«mªˆ¨ ²P§`¬¨)©Q¬ ²tª³x»¹QˈÒeªw­i·i» ®t¨)ªCº#¥ZÒe¹0§Z¥%­g¬|¹5¨V¿. Ä.

(44) :7*,) 1-#'+-5d2) > :7> 4;&57+2>5  #'3,2*>%'2E4;&5d+

(45) )8'2J8I< #'* .-+3+.=& + &,2*K'2  >%#'>'.c5722DE4;1)2>5 ) > #'32*>%'2 #'* .=+

(46) 3+ .-&9465d) 2::d+

(47) )% %'211

(48) 2 %')%^:S#'1-# 57+&2fL7D•QK#W_I`Bˆ@FULBQ:4O?‚FE)KJ:)>(:uM8<˜W_:d):a<l<=:,@_GQO?G=U_‚FE<eI|fF:2:uM–d)ENBcWm: d?YEuMi‚L:)>(:)MN<˜W_:NB˜Y_U_GQE?I|Gw:NBrW_:<eGwEafFE)IJK#@FUSFGrdPY_E)sNSh:*TwUSFG*<eGwEafFE)IJKZKlO<=:?KsNSh: >(:)MN<eIgUbM_MFOBeSFGrK`X`O)d?GQI< GQ:)>rI`B[EaS$BQE)KlE?GQIlOV7 . . 9;EKJUmI_<=:?MN<=:W_:GQO0<=Ea{FKZI|G;KZ:d8E?GwE)da<=Œ?GQ:dPY_UmIZBQI WNSy<=:)>A@LB[@FE?Ge<eIJ:)KC:)MrE)d)d)U_GQW_E?M8<‘EaS$BREuKlE?GQIJOShM_:ABQU_GŽ<=:W_: HJ8 5d) +. 8'2 572

(49) 4;2%/.=+-5 ‡ fh7‘‰;KJKl:E)W_E?@V<=:E)IJMmBQI'ShMW_I`Bˆ@FULBˆI<=IJ}AI`B0BHS—WNS—WVGQU_I<˜W_:,KJE2d)UbMFBQUm>r>(Ea<=IJU_MsNSCI @F:?GQ>r:a<‘@FE?Gˆ}eUmIlB'oABQU_My{bO)M_O)}ˆIld)IZE)IJGQ:!W_:cBw:GwOa<eGQE)d5<=:?G;W_EaMFB„ShM(d):?GH<=E)IJM(W_O)KZE)Ilœ07N9XZIJMN<eG=UFWNShda<eIJU_MWLX|ShMc<=:)K W_IZBˆ@FULBQI<=In}[:)M(WVGQUmI<[WNSr<eGQEafbEuIJKCE?fhE)I<„W_OwTRo!d)U_M_MNSShM_:˜E?@_@mKJIld)Ea<=IJU_M(oƒ<eGQE0fF:?G5B;Kl:*WVGQUFI<[W_U_M)<[WVI`Bˆ@FULBQ:*Kl: BQE)KlE?GQIJOW_:W_O)M_U_M_dt:?G Kl:"GQ:)kaS@FUVSFG,BwUmKJW_:W_:<=USi<rd)U_>A@V<=:W_EuMFBShM W_O)KlE)IAW_:4”>rUmI`B$EP@_GQŒNBBRE BQI|‚FMFEa<`SFGQ:0¢07 9;:ABREuKlE?GQIJO˜:NBH<;BHSF@_@FULBQO!EtfbUmI|G;E)d)d):P@V<=O*KJEAd)KlEaSCBR:!W_:*>rUFWbIJ}ˆIld8Ea<eIJU_M W_:*KlEGQO?@FE?Ge<ˆI<eIgUbMW_:cBR:NB;Y_U_GQE)I|GQ:VB o d)UbMWbI<ˆIJU_M sNS†XZ:)KlKZ: E)I<^W_:8B IJM_d)IlW_:)M_d8:NB >rIJMF:uSFGw:NB-EaS GQ:P‚FE?GQW W_: Bw:NB-E)da<eI|fFI<=OVB-:a¡V<eGwEV @_GQU_}e:NB5BQIgUmM_M_:)KZKl:VB[UVS >rŠ)>(:@_GQU_}ˆ:8B5BQIJUmM_MF:)KJKl:VB07)9;:B[>UN<eIn}QB[W_:GQ:)}`SCBDfFIŽBRO8BD@FE?G[KZEKJUmICBQ:)>A{hKZ:)M8<DE8B5BR: GQ:NBe<eGˆIJda<=IJ}%BwqBwUSCB4GQO8BQ:?GˆfF: W_: KeX`IJMN<=:?Gˆ@_GwOa<=E<eIgUbM&@FK|SB–US“>rUmIJMLBKlE?Gˆ‚F:sNSh:KlETˆSFGQIŽB=@_GHShW_:)M_d): :NBH< BHSCBwd):?@V<=I|{FKZ:4W_:W_UbM_M:?G(oKlEMU<eIJU_M‹WCXZIJMFd)Um>A@FEa<=I|{FIZKlI<=O4W_:B(Y_U_GQE)I|GQ:8B(Etfb:8dWLXxEaS_<eGQ:NB(E)d0<eIgfFI<=OB(UVS :?Md)UbGw:oKJEMU<eIgUbMrWLXlUV{FKZIJ‚FEa<=IJUbMFB[}eEu>(IZKlIZE)Kl:VB[In>r@FO?GQIl:?SCBQ:NB7 )6 šF7 9;E KJUmI4GQOtEu}e}ˆIJGQ>(: OP‚FEuKl:)>(:)MN< sNSh: KJ:™GQ:)}`SCB&WNSBQE)KlE?GQIJOWm:™GQOtEuKJI`BR:?G W_:NB Y_:aSFGw:bB d)U_>A@FKZO)>(:)MN<=E)I|GQ:8B!EaSˆW_:)KloW_:VBKJIZ>(I<=:VB}eIg¡hO8:NB@hE?G*BwUbM2d)U_MN<eGQEa<M_:dtUbMFBH<=I<`Sh:y@FENB#ShM_:}=EaS_<=:UVSSFM >rUV<ˆIJ}WF:KJIld8:uMd)IZ:)>(:)MN<R7C•ˆK[:)M:NBH<ƒW_ONBwUbGˆ>cEuI`B˜W_: >Š)>(:)q[oKeXZIJM8<=O?GQIZ:0SFG!W_:NB!KZIZ>(I<=:VB!}HI|¡hO8:NB@FE?GABwUmM d)U_MN<eGQE5<eq_KJU_G5BQsNS†XlInKh:NBe<DE0fF:?GH<=IF>rUmIJMmB[W_:ž#TQUVSFG5B[EafbEuM8<†KZEW_E0<=: @_GQOafiSh:@FUSFG†KJ:aSFG[E)dtd)Um>A@FKZI`B5BR:)>(:)MN<R7 ‰;M UVS_<`GQ:tqKJ:"KlOu‚FI`BQKlEa<=:aSFG E)>rO)ME?‚F:SLM:"W_I`Bˆ@FULBQI<ˆIgUmM @_GQOafiSh:@hE?G KlE"KJUmI!WNS6PžTˆShInM“6P›_›mŸ Bw:)KJUmM KlE)sNSh:)KZKl:&KZ:VBYUbGwEuIµGQ:VB‹W_:NB BRE)KlE?GQIJOVB‹o <=:)>A@LB@FE?Ge<ˆIl:)K,M:&W_UmI|fF:)MN<@FENBpd)Ub>˜@FUbGH<=:PG@_KSCB‹WLX|SLMF: IJMN<=:?G=GHSF@V<eIJU_MA@FE?GFTQUSFG'BeSF@FO?GˆIJ:0SFGQ:o”rY_:aSFGQ:8B 07 ‰;M€@F:?GQ>r:0<`<=E?MN<(E0SBwEuKgE?GQIZOo <=:?>˜@~B(@FE?GH<eIJ:)K!WLX`Otd)E?GH<Ž:?GA<eUVSV<=:>cUmW_IJ}HIld8Ea<=IJUbM—d)U_MN<eGQEPI|‚mME)MN<=:"W_:BQ:VB Y_U_GQE)I|GQ:8BQqE0SGQ:P‚FE?GQW$WLXZIJ>A@LOPGQEa<eIJ}%B#@F:PG5BQU_M_M_:)K`BUS WNS <=:?>A@LBW_E)MLBKJE)sNSh:)KZKl:r:)KZKl:yK|ShI†:Be<'IJ>r@FE?GH<=IJ:)qKlE KJUmI2>E)M_Il}ˆ:NBe<=: Kl: BwUShd)I2OtfFIlW_:)MN<–WLXlE)>O)KlIJUbGw:?G BQ:NB—d)U_M_W_I<=IJU_MLB‹W_: <eGQEafbEuIlK`7 j#:a<`<=:IJMN<=:PMN<=IJUbM BR: £  ¿  [ 9 

(50) †ÀXi2ªˆ­ [ ¿ Æ

(51)  [0k 9tÁ K=TYSVK  PQSATUAKT Á?ÑD¥5¹P­ %ÃPÃ0à ÁV90®?²P²t³|´ˆº#ªQ¨a­lÁ5¨uÇ Ã ¼ Ä Á5²8¿ Qà ¿  ÅV¦F¿VÀ ZJZ \ ÁF¿Y9R@;^A¤_À Z Á k ¿ ¤_À

(52) À VÀ Á Æ §`¹0¬­8©Q¬±°)¬|³gÁ¤FªR«m¹QË)³J¬A7P¥ˆ­J¬|¹0¨8«`Á È"!$#"% ´Q·N¿ Á Æ ¥5³³|¹& QÃ?Ã0à Á5²?²8¿ Ñ?¼ Ê >nÑ0¼ à ¿ Ó <¿%­µ§Z¥=°V¿±Á0¥Q§n­l¿5¤C¿ ÑPÑY> ˆÈ ¿ ' <X:e¿5¬R¨ :l§`¥~²t¹5®P§_³|ªR«m·P´%§`¹7P¥ˆ­J¬|¹0¨8«_¥%®0­g¹0§Z¬J«`´Qª5«F¯D©%ªC²P§`¬¨t©%¬²)ª5¿ f.

(53) )d U_M_}HIµG%>(:AoAKeXl:t¡hE)>(:)M W_:NBWbI`B=@FU BQI<=IJU_MmB;GQ:)KZE0<eIgfh:8B#EaS$GQOP‚mIJ>(:Ad)U_MNfh:)MN<eIgUbM_MF:)KCW_O?GwUb‚FEa<ŽUbIµGQ:AWNS <=:?>A@CB @FE?GH<eIg:uKx7 G  $G& + `)`"G % " )!*)+ ) "(1&-(. -0)+!"(  $. 6 GL79;: GQO?‚FIJ>(:.d)U_MVfF:)M8<ˆIJU_M_M_:)KW_OPGQUb‚FE0<eU_I|GQ:^WNS <=:?>A@LB @FE?Ge<ˆIJ:)KBeSm{FI< WCXZIJ>y@FU_GH<=E?M8<=:NB GQO?MUfbEa<=IJUbMFB4M_UV<=E?>r>(:uM8<2sNShE?MN<2E0S_¡ E)>(OuME?‚F:)>(:uM8<QB4WNS&<=:?>˜@~B W_:p<eGQEafbEuIJK BHS†BQdt:?@V<ˆI|{FKl:VB4WLXlŠa<eGQ: GQO)E)KJI`BQOVB07_•QKBw:Ad)E?GQEtda<=O?GQIZBQ:!@FE?GBQE˜d)E?@FE)d)I<=OAo˜Ub}e}HGQI|G[SLM:*@mK|SCB;‚_GQE)M_W_:A}HKl:?¡FI|{LIlKZI<=O˜sNSh:Ad):)KJKZ:!GQOVBHShK<=E)MN< W_:,K`XxE?@_@mKJIld8Ea<eIJU_MduKlEVB5BQIlsNSh:$W_:VBAW_IZB=@FU BQI<=IJUmMFBAKlO?‚FE)Kl:N$ B e’ 07 c:,d): @_U_IJMN<W_:fiSh:)q IJKBQ:$W_UmI<WLXZŠ0<eGQ: ‚FE?GQEPMN< WLXgSFMF:KZOP‚mI<=IJ>I<=O™@FE?Ge<ˆIJd0SLKlIZŒPGQ:EaSCB0BQI{FIl:)M KJUbGRBQsNS†XZIJK>(:a< :?M  SFf_Gw: Kl:VB W_O?GQU_‚FE<eIJU_MLB <eGQE)WVI<eIJUbM_MF:)KJKl:)>:)M8<DUVSrGQOtd):)>y>(:)MN<‘EaSi<eU_GˆIZBwO):V=B 65 07 )D%.      

(54)   

(55) 

(56) = . . P6 \L7L9;EM_UN<eIJU_M4W_:y<=:)>A@LB@FEPGH<ˆIg:uK;E)M_MNShE)KZI`BwO WbI`Bˆ@FEPGQEn<!EaS@_G=Ub}eI<ƒW_: >rO)d8E)M_IŽBQ>(:VBABwUSh>rIŽB˜o W_:NBd)U_M_W_I<=IJUmMFB#@mK|SCBG%Iµ‚FUSFGQ:0SCBQ:NB:a<;MFO)d):8B0BQI<=E)MN<[SFM_:>rI`BR:y:)M  SmfGQ:rd)U_MVfF:)MN<=IJU_M_M_:)KZKl:*<=:)KŽBsNSh:rK`E >rUFWNSLKlEa<=IJU_Mr:a<†KJ: <eGQE0fFE)IJKLIJMN<=:?GQ>rI<`<=:?M8<R‡ˆ7.   ! < &D25 (2%'*298'21-#LD)8'> 1-#/.-+)% )6 ŸF7N9XlE?GH<eIgduKl:97i”D60”32 GWNSj'UFW_:*WNSr<`GwEafFE)IJKCEaS_<=U_GˆIZBR:*Kg:NB[@FE?GH<=:?MEuIJGQ:VB#BQUFd)IJEaSF¡o*U_Gˆ‚FE?M_I`BQ:)G KlE">rUFWNSLKlEa<=IJU_M W_:"KeXZYUbGQE)I|Gw:"W_:VB,BwE)KZEPG%IlOVB07#j#:WbI`Bˆ@hULBˆI<=IJ}d)KlENB0BQIlsNSh:)>(:uM8<rGQONBw:?GHfbO"EaSF¡&BQE)KlE?GQIlONB$o <=:?>A@LB“d)UF>A@mKl:a< :NBH< E)W_E?@8<=O.EaS_¡ BwEuKgE?GQIZO8B™o <=:?>r@LB @FE?GH<eIJ:)K`74‰'M @_GQONBw:)M_d8:.W_:^W_IZBˆ@FULBQI<=IJUbMCB d)U_MNfb:uM8<ˆIgUbM_M:uKlKl:Bd)U_M_d)K|Sh:VB od):a<(:)}e}ˆ:a<=qKeXZYUbGwE?I|GQ:"Y:t{bW_Um>rE)W_E)IJGQ:US >r:)MLBHSh:)K!WNS <eGwEafFE)IJKZKl:aSFG$o <=:?>A@LBƒ@FE?GH<=IJ:)KD@FUSFGˆGwEyfFE?GQIJ:?G!o KJE Y_EaSCB0Bw: d)U_>y>(: o KlE{bEuI`B0Bw: EaS–d)USFGRB!W_:K`XlEuM_MO8:)qBwE?MLBABeSFGQd)U V< @FUVSFG'KeXZ:)>r@mKgUbzF:aSFG7mj#:)d)IJqDBQUVSCB'GQO8BQ:?GˆfF:rsNSh:AKlErWNSFGQO):rW_:<eGQEafbE)IZK†:)}ˆ}ˆ:tda<`ShO):yBeSFG KeX`E)M_MO):AMF:AW_O?@FEVB5BR: @FENB–:)M™>rUbz:)M_MF:KJEWNSFGwO): @_GQO?fiSh: @FE?GKJ: d)U_MN<eGQEa<W_:—<xGQEafbEuIJKlœ07*9XZEtd)d)U_GQW™d)U_MN<eIJ:)M8<d):?G`<=E?IJM_:VB >(:)MN<=IJUbMFB4UV{FKZIJ‚FEa<=U_I|GQ:NB4Gw:uKgEa<ˆI|fb:B4MU<=EP>y>(:)MN<2o KJE W_Oa<=:?Gˆ>rIJMFEa<=IJU_M&W_: KlE d8Ea<=O?‚FUVGˆIJ:W_: BwE)KZEPG%IlOVB d)U_M_d):PGˆM_OVBQqhW_:*KlEAWNSFGQO):!Wm:<eGQEafbE)IZKC>IJMFIZ>(E)KZ:!Y_:?{FW_U_>(E)W_E)InGw:*UVS$>(:uMFBHS :)KnKl:)qhWm:*KlEAWNSFGwO):*>IJMFIZ>(E)K`: £

(57) ‘¨¥%º#´ˆ¨tG¥ 7Pª%º#ªˆ¨0­F·0® ­gª%º'²u«L·?ªD­|§l¥ˆ°)¥R¬|³VªQ¨·P8ª E)¹5§e«C·?ªD­J¹5®P­F«Z®?²0²t¹0§Z­F©Q¹0¨0°)ªQ¨?­µ¬|¹0¨?¨tª%³8§`ªR«Z­Jª„²t¹P«e«Ž¬±Ë)³µª ³|¹0§e«`¶0®)ª[³|ª;«Ž¥R³¥Q§`¬|´ P· ª%º#¥Q¨)·Pª¯†Ë)´Q¨)´

(58) :Z¬µ©%¬µª%§h·V» ®P¨)ª†§`´%·0®t©w­g¬|¹0¨#·?ªD³¥D·a®P§`´QªD·0®'­µ§`¥ˆ°)¥5¬³JÁ5²)¹5®t§L·PªR«m§Z¥R¬J«Ž¹0¨u«c:l¥5º#¬³µ¬¥R³|ªR«HÁ8«`¹5®8«X:l¹0§`º#ªD·V»±®P¨)ªD¹5®·?ª ²t³®8«`¬|ªˆ®P§e«b²t´ˆ§`¬|¹0·PªR«m·V»¥ˆ®'º#¹0¬¨8«b®P¨)ª‘«ŽªQº'¥R¬¨)ªC¨)¹R¨ ­µ§Z¥ˆ°)¥R¬|³³|´Qª5«ˆ¿Y<~¿Q­µ§`¥ˆ°V¿ Á0¥%§Z­l¿5¤h¿0Ñ Ñ?>n¼?> È ¿ Å [ ·P´ :l¥Q®?­8ªˆ­iªQ¨'³`»¥ˆË8«`ª%¨t©%ªC·i»¹5²P²8¹P«`¬­J¬|¹0¨'·0®«Ž¥R³|¥Q§Z¬|´RÁ0³`» E)¹5§`¥Q¬§`ª ²t§Z´e°?®#¥Q®'©R¹0¨?­µ§Z¥%­u·?ªL­J§l¥ˆ°)¥5¬µ³)ªR«x­8§`´Q´e°)¥5³®)´C¥ :l¬|¨;·V»¬¨0­J´870§`ªQ§ ³|ª†·?´ˆ²t¥0«e«ŽªQº#ªQ¨a­i·Pª~³x» Et¹5§`¥5¬§`ªCº#¹Q¸)ª%¨;§`´%ªQ³|³µª%º#ªˆ¨P­8

(59) ª :B:lª5©ˆ­|®t´0¿ È.

(60) _W :y<eGQEafbE)InK;@F:uMW_E)MN<Kg:B[TQUVSFG5B<eGwEafFE)IZKlKlOB:a<ƒW_:NB!KZIZ>(I<w:NB!o,KeXZIJMN<=OPG%Il:aSFG!W_:8BQsNS :uKJKl:VB˜d):a<Z<=: WNSFGwO):@F:aS_< fFEPG%Il:?G7 P6 ›L7D9XZ:)>r@mKgUbzF:aSFG(M_:@F:aS_<˜@mKSCB(UbGˆ‚FEPM_IŽBR:PGKJ:,<eGQEafbE)IZK*BR:)KJU_M"ShMF:E)K<=:PGˆMFE)M_d):4W_:@FO?GQIJUFW_:bB <eGQEafbE)InKlKlO):NB#:0<[M_U_My<eGQEafbE)InKlKlO):VBBHSF@FOPG%Il:aSFGw:NB#EaS2>rUmI`BUNS4BQE?MLBW_Ou}eIJMmI<ˆIJUFM@_GQO)E)KJE?{FKl:AW_:AKlE*GQO?@FEPGH<eI<=IJUmM W_:NB(Y_U_GQE)I|GQ:NBd)Um>r>(:"Kl: <=:)>A@LB(@FE?GH<=IJ:)K!E)M_MNShE)KZI`BQO"Kx:"KShI@F:?GQ>r:a<`<=E?I<R7#j#:NBW_IŽB=@FU BQI<ˆIJU_MmB(fFIŽBw:)MN<(o :?MiGQE?zF:?GAKl:<eGQEafbEuIlKo,KlE,W_:)>(E)MFW_:,:)MV‚F:)MWVGQO@hE?GAKl:<=:)>A@~B!@FE?Ge<eIZ:)K#E)M_M8ShEuKlI`BRO)q'W_E)MmB˜KZ:VB˜d)EVB˜U ‹KlE M_E0<`SFGQ:W_: KeXZE8da<eI|fFI<=OM: @F:?GQ>:0<`<=E?I<2@FENBW_: }ˆI|¡h:?G@_GQO)d)IZBRO)>(:)MN<4KJ:8B"@FO?GQIJUFW_:NBW_: <eGQEafFE)IJK$:a<4KlE GQO?@FEPGH<eI<eIJU_MWm:NB˜Y_U_GQE)I|GQ:NB˜EaSBw:)InM–W_:d):NB˜WF:?GˆM_IlŒ?GQ:VB7  UVSV<=:P}eUbI`BQq;Eu}eIJMW_: GQO?@FU_M_WVGQ:$EaSF¡ BQI<`ShE0<ˆIJU_MLB @FE?GH<eIgdaSLKlIlŒ?GQ:NB[KlE>cUmWNShKJEa<=IJU_Mr:NBH<‘d)U_>A@FKlOa<=O):@FE?GDKJ: <eGwEfbEuIlKmIJM8<=:?GQ>I<`<=:?M8<R7.  !$#L57&+=%/.c5d)8'> * .-+)%?8'21 < +-%/.=25D+..-2%'*,2 ” L79;:NBcE?GH<=IJd)KZ:8BA97„”D60”42?60”‹:a<rBHShI|fFE)MN<QBcWNS—j#UmW_:WNS<eGwEafFE)IJK#GQO)InM8<eGQUFWNSFIŽBw:)MN<˜KJ:<eGQEafbENI`K  IJMN<=:?GQ>rI<`<=:?M8<=qLEa{GQUb‚FO@FE?G'KlE*KgUmICsNShInMFsNSh:)M_MEuKl:AWNS”,W_Otd):)>c{GQ:,6P›_›_ž_qLsNShICK|SLIBeSm{CBe<ˆI<`ShEuI<[KJ:ƒ<=:)>A@CB @FE?GH<eIg:uK E)M_MNShE)KZI`BROV7 9XZIJM8<=:?GQ>yI<`<=:?MFd): d)U_M_d8:?GˆMF: :a¡Fd)K|SBQI|fh:)>(:)MN< W_:NB :)>y@FKJUmI`B @F:?GQ>(EuM:)MN<QB d)U_>A@FU_GH<=E?MN<[@FEPG'M_Ea<`SFGw:SFM_:AE)K<=:PGˆM_E)M_d8:AW_:!@FO?GQIJUmW_:VB'<eGQE0fFE)IJKZKlO):NB:a<[MUbMr<eGQEafbEuIlKZKlO):NBBeSF@FO?GQIl:aSFGQ:NBEaS >rUmI`B7m9;:d)U_MN<eGQE0<W_:*<eGQEafFE)IJK[InM8<=:?GQ>rI<`<=:?MN< :NBH<'SFM2d)U_MN<eGQE5<#}eU_Gˆ>rE)KZI`Be<=:yM_OtdN:8B0BQE)I|GQ:)>(:)MN<d)U_M_d)K|S4@FUVSFG SFM_:˜WNSFGQO):AIJMFW_Oa<=:?GQ>rInMFOt:V7V9;:yKlO?‚FIŽBQKlEa<=:0SFG'GQO)I|MN<eGwUmWNSFI<;W_:8B'GQ:NBe<eGˆIlda<eIJU_MLB#sNShIMhX`:?¡FIŽBe<=E)IJ:)MN<[@FENBW_EuMFB#K`: <eGQEafbE)InK[oy<=:)>A@LBƒ@FE?GH<=IJ:)K[EuM_M8SCE)KJI`BRO :a<KJIZ>I<=:KeXZIJMN<=:PG%>rI<`<=:PM_d): EaSF¡Bw:aSLK`B!:)>r@FKJUmI`B!sNShI[:uM2GQE)IŽBwUbM Wm: Kl:aSFG'Bˆ@FOtduIl}HIld8I<=Od)U_MVM_E)I`B0BQ:)M8<DW_:8BD@FO?GQIJUFW_:NB[WLXZIJMFE)da<=I|fFI<=ONB7 D” 687 cE?MLB˜KZ:VB˜d)EVB˜U‹KlE,MEa<`SFGQ:$W_:,KeX`E)da<=I|fFI<=O,M:,@F:)G%>c:a<@FENB˜W_:W_O)}eIJMmIJG!@_GQO)d)I`BROu>(:)MN<!Kg:bB @FO?GQIJUFW_:NBrW_: <eGQEafFE)IlK:0<AKJE$GQO?@FE?GH<=I<=IJU_MW_:NB(Y_U_GQE?I|Gw:B(E0SBQ:)IJM‹W_:dt:NBrWF:?GˆM_IlŒ?GQ:VBwq IJKE?@_@FEPGH<eIJ:)MN<˜EaSF¡ @FE?GH<=:PM_E)I|GQ:NB&BwUmd)IJE0Sm¡-W_:™}ˆI|¡h:?GKl:VBE)WFE?@V<=E5<eIJUbMLBMFOtd):NB5BRE)I|Gw:B‹<=:)KnKl:VBsNSh:Kl:NB d)U_M_W_I<ˆIgUmMmB WmE)MLB Kl:VBQsNSh:)KJKZ:VB2KZ:BQE)KlE?GQIZO@F:aS_<GQ:?}ZS†BQ:?GKl:NB2W_Ea<=:8B:0<$KJ:VB,YUbGwEuIµGQ:NB$@_GQU_@FU BwONB07 9;E‹KnI`Be<=:€W_:NBBQ:)d0<=:aSFG5B d)U_M_d):PGˆM_OVB[W_U_I<‘Ša<`Gw:O<=Ea{FKJIl:@FE?G[W_O)dPGQ:a<R7 9;:NB>(O)d)E)M_I`B5>(:NBW_:VBH<=IJM_ONBoAGQ:)>r@FKZEtd):?GKl:*<=:)>A@LB#@FE)GH<eIJ:)KDE)M_M8ShEuKlI`BQOA@F:?GQ>(:a<`<=:?MN<oAK`Xl:u>r@FKJUbzb:aSFGWm: GQ:)dtUSFGˆIµG$oSFM_:U_Gˆ‚FE?M_I`BQEa<=IJU_MWNS<`GQE0fFE)IJK*@FK|SCBBQUVSF@_Kl:sNSh:d):)KZKl:Ub}e}=:?GH<=:"@FE?G KJ:WVGwUbI<d)U_>r>*ShMC7 [USi<=:?}eUbI`Bwq:?M Kl:NBBeSm{bUbGQWiUbMiM_E)MN<yo"KJE@_GQO8BQ:)MFd):"WLXJSFMp<=:a¡i<=:"d)U_MNfb:)MN<=IJUbM_M:)K!:a<(o"W_:8B :a¡FIJ‚F:)M_d8:VB BH<eG=IJda<=:NBwqKJ:KlO?‚FI`BQKZE0<=:aSFGr>rE?GQsNSh:4KZEfFU_KJU_MN<=O4W_:M_:@LE8B(d)UbMFBQ:)MN<=I|G(o,SFM BHSFGQdPGQU J<rW_:}eKZ:?¡FI|{hIZKZI<=O)qo >rUmIJMLBsNS†Xl:)KZKl:BPXZE?fFŒPGQ:AMFO)d):VB5BwEuIJGQ:˜US4BPXlUb@FŒPGQ:AoAW_:NBƒd)U_M_W_I<=IJUbMFBE)d)d):P@V<=Et{FKl:NB;@FUSFG#Kl:yBRE)KlE?GQIJOV7 rMF: Ê.

(61) <=:?KJKl: IlW_O): Bw: GQ:a<eG=UVS_fF: E0S GQ:?‚FE?GwW W_:NB d)UbMWVI<=IZU_MmB W_: >rI`BQ: :)M  SFf_Gw: W_:NB WbI`B=@FU BQI<=IJ}5B d)U_MNfb:uM8<ˆIgUbM_M:uK`B[W_OPGQUb‚FE0<eU_I|GQ:NB7. P0%    

(62) 9

(63)   -  = . _” ”C7y9;: KJO?‚FIŽBQKlEa<=:0SFG E E?@_@FE?GQ:)>r>(:)MN< BwUSFYE)I<=O Gw:?M_}eUbGwd):?G KJE KZOP‚mI<=IZ>rI<wO W_:NB—E)da<=:aSFG5B—o KeXZU_GQI|‚FInMF:(W_:NBƒW_O?GQU_‚FEa<eIJU_MmB>(E)I`BEaSCB0BQI‘WNSd)U_MN<=:?M8SW_:K`XlE8d)d)U_GQWW_O?G=Ub‚FE5<eU_I|GQ:(:?MIl>y@FULBQEPMN<K`XlUmda<eG=UmI W_: d)U_>A@h:uMFBQEa<=IJU_MLB EaS@_GQU_}HI<&WF:NBBQE)KlE?GQIlONB07 c:.d): }eE)I<=q€IlK€@_GQ:)MW IJMFWbIµG5:tda<=:)>r:)MN<vE)da<=: W_: KeXZIJMLBˆSL}e}ˆI`BRE)M_d):!W_:*KJOP‚mI<=IZ>(I<=O!W_:NB#Bˆz_MFW_IZdtEa<QB;:a<[W_:KJ:aSFG'IJMFd)EP@FE)d)I<=OcBeSm{CBwO)sNSh:)MN<=:!oU{i<=:?M_I|G;W_:GwO):)KnKl:VB d)U_MN<eGQ:P@FE?GŽ<eIg:NBD@FUVSFGDKJ:NB'BwEuKlE?GQIlOVBQqF:?MrKeXZE?{CBQ:)Md):W_: <eUVSV<Ž:IJM_d)I<=E0<ˆIJU_MrKJO?‚FE)Kl:V7.  02:6#'* .=2>5:;*57&8'+ W1

(64) 2: F” žL7D9;:NB W_I`Bˆ@FULBQI<=In}QBW_O?GQU_‚FEa<eU_I|GQ:NB(W_UFIgfb:)MN<cŠa<eGQ:>rI`B:uM@FKlE)d8:@FE?G(Wm:NBE)da<=:0SFG5BA<eI<`ShKJE)InGR:VB WLX|SLM:d):?Ge<=EuIJM:yGQ:?@_GwONBQ:)MN<=E0<eIgfFI<=OIŽBRBHSh:(W_:KZ:0SFGM_Igfh:tEtS Y_IZOPGQE?GQd)Y_IJsNS :EaS–BQ:)IJM4W_:KlEc{_GwEuMd)YF:UVSW_: KeX`E?{LBw:uMFdt:WLXZU_@_@FU B=I<=IJUbMcW_UbM8<Kg:aSFG[E)d)d)U_GQWA}eE)I<DKxXZUV{PTR:a<‘EaS(M_Igfb:)EaSW_:KHXl:)MN<eGQ:P@_G%IlBQ:V7 ”2C7;j'UbM_}eU_GQ>rO)>(:uM8<rE0S_¡ >rUFW_In}eIld8Ea<eIJU_MLB(E?@_@FUbG`<=O):NBr@FEPGyKgEKJUmIr6Pž,TˆShIJM&6P›_›mŸiqKHXlE?GH<eIld)Kl:,97 ”D60”3232 WNSj#UmW_:(WNS,<xGQEafFE)IJK[KZIZ>(I<=:KeXZUVSFfF:?GH<`SFGw:W_:rd):?GH<=EPInM:VBW_O?GwUb‚FEa<eIgUbMFBd)U_MVfF:)M8<ˆIJU_M_M_:)KlKZ:VBƒoK`E @_GQONBw:?MFd):4WLX|SLM:dtUbMVfh:)MN<eIgUbM‹UVSWLX|SFM‹E)d8d)U_GQW‹d?U_KJKZ:8da<eIJ}˜Wm:,{GQE)M_d)Y_:4Oa<=:?MWNS:0<AMUbM@FK|SCB(odt:uKlK`: WLX|SLM:d)UbMVfb:)MN<eIJU_MrWCXZ:)MN<eGw:?@_GˆIZBR:UVSWLXZO5<=Ea{FKJI`B0BQ:)>(:uM8<R7 ’!InMLBQIlqmKlEGQOtWNShda<eIJU_MrWNSW_OuKgEuIhW_:@_GQOafh:)MEuMd)::)Mrd)ENB„Wm:>rUFWbIJ}eIZdtEa<ˆIgUbMrW_:KlEGQO?@FE?Ge<eI<ˆIgUbMrW_:8BDY_U_GQE)I|GQ:VB oSLM:*WNSFGQOt:AW~XlEaS$>rUFInMLBžTQUVSFG5BQqLUVS$Kl:Gw:?@FUbGe<[WNSfbUbK|Sh>(:*WCXZY_U_GQE)I|GQ:!d)Um>˜@mKlO)>(:uM8<=E)I|GQ:)qLE0S <ˆIJ:PG5B;Wm: KlE*WNSFGwO):d)U_MN<eGQE)d0<`Sh:?KJKZ:!M_:@F:aSFfh:)MN<‘Ša<eGQ:@_GQO0fVSCB[sNSh:*@FEPGSFM_:!d)UbMVfb:)MN<=IJUbMcUSrShMrE8d)d)U_GQWrW_:ƒ{GQE?MFd)Y_: Oa<=:?MWNS†7D•%K:uM–:VBH<˜W_:>rŠ)>(:KJU_G5BQsNSh:Kl:VBA@FE?Ge<=:?M_E)IJGQ:VBBwUmd)IJEaSF¡BQUVSFY_E)I<=:)M8<˜O)d)E?GH<=:PGAKlE,GQŒ?‚FKl:BR:)KJUmM KlE)sNSh:)KZKl:KeXZE8da<eI|fFI<=O WNS <eGwEafFE)IZKlKl:aSFGo <=:)>A@LB@FE?GH<eIl:)KMF:W_UmI<2@FENB}eE)IJGQ:KeXZUV{PTR:a< W_: @FK|SBWCX|SLMF: IJMN<=:?G=GHSF@V<eIJU_MA@FE?GFTQUSFG‘USyWLXgSFM:IJMN<=:PGˆGHSF@V<eIJU_MrW_:@FKSCB;W_:”yY:aSFGQ:NB ‡ 7. £ <¿V­µ§`¥ˆ°V¿ Ám¥Q§Z­l¿V¤C¿_Ñ ?Ñ >n?¼ >|¼A¥5³¬¨t´%¥ Ô ¿ <Lªˆ­|­Jª·?´Q§`¹ 7P¥ˆ­J¬|¹0¨r·?¹0¬­ˆ­µ§`ªÒ`®8«Z­JN¬ :l¬|´Qª#²)¥R§ ³|ªR« 8ª CPA¬ 7Pª%¨t©%ªR«„²t§`¹5²t§`ª5«[·?ª³`»¥R©w­g¬±°)¬­J´ D ©Q¹0¨)©QªQ§`¨)´Qªªˆ­_¹G: :Z§`¬µ§m·PªR«m©Q¹0º²tªQ¨8«`¥%­J¬|¹0¨u«m¥ˆ®«Ž¥R³|¥Q§Z¬|´0¿5ÀF¨#³`»±¥=Ë8«ŽªQ¨)©Qª·i»¥R©5©Q¹0§`· ®t¨#·?´Q©Q§`ªˆ­VªQ¨<L¹0¨8«`ª%¬µ³N·i» À_­g¥w­i·P¹0¬­8²)§`´Q©Q¬J«`ªQ§ ³|ªR«mº#¹0·P¥5³|¬±­J´R«L«`ª%³µ¹0¨ ³µª5«`¶0®)ªQ³|³|ªR«m·PªR«m·P´ˆ§`¹ 7?¥Q­|¬µ¹0¨8«b²tªw®°)ªQ¨?­8ˆ­µ§`ª¥ˆ®?­g¹0§`¬J«Ž´QªR«b²t¥Q§_³`»±¬¨8«Z²tª%©ˆ­Jªˆ®t§_·a®[­µ§`¥ˆ°)¥5¬³)²)¹5®P§_³µª5«F¥5©ˆ­J¬±°)¬­g´5« ·Pª~­µ§`¥%¨u«x²t¹5§Z­8·PªL°)¹R¸?¥ 7?ªˆ®t§e«w¿ Ã.

(65) L” šF7N9;E>rI`BR:*:)Mr@mKlE)dt:*WLX|SLM:*>rUFWNSLKlEa<=IJU_M(WNS<=:?>A@LB;WF:ƒ<xGQEafbEuIlKLUVS$WLX|SFMA<eGQEafbEuIlKLIJMN<=:?GQ>(I<`<=:?MN< GQ:)sNShIJ:?Ge<!KJEd)U_M_d)K|SBQIgUmMWLX|SLM:d)U_MVfF:)MN<=IJU_MUVS—WLXgSFM‹Etd)d)U_GQWW_:{_GwE?M_d)Y_:2Oa<=:?M_WNS—UVS—WLX|SFME)d)dtUbGQW WLXl:uM8<eGQ:?@_GˆI`Bw:AUS2WLXlOa<=Ea{FKlI`B0BQ:)>(:uM8<'MhXZE?zbEuM8<[@FEVB#}ˆE)I<;KeX`U{PTw:a<;WNS2WVGQU_I<;WLXZU_@_@FULBˆI<=IJU_M @_GQOafVS oAKeX`E?GH<=IJd)K`: 97C6PžV” H”'GrWNS(j'UFW_:WNSA<`GQE0fFE)IJKH7 9;EGw:u>cUmMN<=O):W_:"KJE"MFO?‚FUFd)IJEa<=IJUbM—EaS M_I|fh:)EaS WF:"KlE{_GQE)MduY::NBH<yd):?MLBQOt:OafFI<=:?Gr<=USi<=: SV<eIJKlIŽBRE0<eIJUmM Ea{iSBQI|fh:AW_:NBW_O?GQU_‚FEa<eIJU_MmBEaS_<=UbG=IZBQO8:NB:uM(GQE)I`BQU_M W_:AKlEyKJO?‚FI<=IJ>I<=OAW_U_MN<;KJ:VB'@FEPGH<=:?M_E)I|Gw:BBQUFd)IJEaSF¡BQU_MN< d):?MLBwONB;Ša<eGQ:'<eI<`SLKgEuIµG5:8B[od):M_Igfh:tEaS†7Vj#:?@h:)M_W_E)MN<=q_K`X`:)}e}ˆ:8da<eI|fFI<=OW_: <=:)KJKl:NBD‚FE?GwEuM8<ˆIg:B„W_O?@F:)M_WrO?‚FE)Kl:u>(:)MN< WNS$dtUbM8<eG g_KJ:!:u}e}=:)da<`ShO@FE?G'KJ:NB[@FUVS_fFUmIµG5B[@VSm{FKlIZd8B'KJU_G5B#W_:!KJE@_GwUmd)OtWNSFGQ:*WLXl:a¡i<=:?MLBQIJUmM(:a<„W_:KJE@_GQI`BQ:!:NM d)U_MmBQIlW_O?GQE0<eIJUbM–US‹MUbMq#W_:NBrO?fF:)M8<`Sh:uKJKl:VBrU_@_@FU B=I<=IJUbMLBcO)>yI`BR:NBco4d):M_Igfh:tEaS‹@FE?GrKl:NBrU_Gˆ‚FE?M_I`BQE0<ˆIJU_MLB Bˆz_MWbIld8E)Kl:NB[UVS WLXl:)>A@FKJUbzF:0SFG5B[oKHXl:)M_d)U_MN<eGw:W_:KHXl:?¡V<=:?MLBQIgUbM ‡ 7 9;:NB;E)>(OuME?‚F:)>(:uM8<QB;WNS<=:?>A@LB[@FE?Ge<eIZ:)KLMO?‚FUFduIlONB;W_E)MmB;KeXZ:)MN<eGw:?@_GQIZBQ:ABQU_MN<;BQUVSF>yI`B;oSLM:‚FE?GwE?MN<=IJ:<eGQŒNB <eY_OtUbGˆIgsNSh:Etfb:)dKZ:WVGwUbI<‘WLXlUb@_@FULBˆI<ˆIJU_M_œ07ij#:W_:?GˆM_IJ:?G[UF}H}eGQ:KJE}eE8daShK<=OEaSF¡ BˆzMFWbIld)Ea<QB‘GQ:?@_GQONBw:)MN<=Ea<eIJ}QB[:a< >(EˆTQUbGQI<=E)I|Gw:BwqDEaSF¡4W_:?GQM_IlŒ?GQ:8B!O)KZ:tda<ˆIgUbMFB@_GQU_}e:NB0BQIJUmM_M:uKlKl:BwqDW_:}ˆE)I|Gw: U{hBH<=E)d)KJ: oKeX`:)MN<eGwO)::?MfFIJ‚VSh:aSFG WLX|SLME)d)dtUbGQWW_O?GQU_‚FE<ŽUbIµGQ:BQI|‚FMFO@FEPGShMBˆz_MFW_IZd8Ea<ƒGQ:?@_GQO8BQ:?M8<=Ea<eIJ}*>(E)I`Br>IJM_U_GQI<=E)I|GQ:V7~9ƒXl:t¡b:?GQd)Ild):$Wm: KeXZU_@_@FULBQI<ˆIgUbM$BHSF@_@FULBQ:AsNSh:AKJ:NBd)U_MN<=:NBe<=Ea<=E?I|GQ:8B'GQOaSFM_I`B0BR:?M8<[@mKSCB#W_:AKlEc>cUmI<=IJOAW_:NB'fbUmI|¡$W_:NBOuKl:)d0<=:aSFG5B IJMLBRd?GQI<QB4KJU_G5B4W_:8B4W_:?GˆM_IlŒ?Gw:NB4O)Kl:)da<=IJU_MmB4E0S“d)Um>rI<=O WLXl:)MN<eGQ:?@_G=IŽBw:)qrUS o W_O?}eEaS_<2W_:8B4W_O)KJO?‚VShOVB4WNS @F:?G5BwUbMiM_:)Ke7 GQq KgEGQO)}eO?GQ:)M_d8: EaS–M_U_>c{GQ: W_:VB!InMLBwd?GQI<RB!:a<M_U_M4EaSM_UF>c{GQ: W_:NBfFUV<=E?M8<QB!O)sNShIgfbEaS_<ƒo GQOaSFM_IµG'\mš8]^o*Ÿ V]^W_:NB#BeSL}e}HGwE?‚F:VB[:?¡_@_GQIZ>(ONB;d)Um>˜@V<=: <=:?MNSWNS MUb>A{GQ:W~XlE?{CBH<=:?M8<ˆIgUbMh7u9ƒXZ:?¡b:?GQd)Ild):WS WVGQU_I<WLXZU_@_@_ULBQI<eIJU_M d)U_MN<eGQ:SFM:d)UbMVfh:)M8<eIJUbM UVSSFMEtd)d)U_GQWd)UbKJKl:)da<=IJ} W_O?GwUb‚FEa<ŽUbIµGQ:€BQIJ‚mMO"@LE?GShM Bˆz_MWbIld8Ea<˜>rInMUbGQI<=E)I|Gw::VBH<˜W_U_M_d<xGQŒNBrIJKZK|SCBQUFI|GQ:V79;EKgUbI>E)MsNSh:W~X|ShM"@_GQE?‚F>(Ea<=IZBQ>(:O?fFIlW_:)MN<˜E)KJU_G5B sNS†Xl:uKlKl:yBQ:)>A{FKl:*@FUSFG`<=E?M8<[W_Oa<=:?G=>yIJMFO):!oAENB0BeSFGQ:?G'KeXl:)}ˆ}Q:)da<eI|fFI<=O!WF:NB[‚LE?GwE?MN<=IJ:VB;E)d8d)UbGwW_O):NB;EaSF¡,BwE)KZEPG%IlOVB o*<=:?>A@LB#@FE?Ge<ˆIJ:)K`7F•QKE0SFGQE)I<#O0<=Oc@FKSCB†TˆShWbIld)Il:aSm¡2sNS†Xl:)KZKl:BXZIJMLBˆ@FIJGQ:rW_:NBWbI`B=@FU BQI<=IJ}%B>I`B:)M @FKZEtdN:A@FUVSFG fFE)KlIZW_:PG[d):?GH<=E)IJMmB[EtdNdtUbGQWmB„UVGˆ‚FE?M_I`BQE)MN<‘KJ:@FEVB5BwE?‚F:*E0Sm¡(žmš!Y:aSFGQ:NB;E?fF:)d ShM_:E)IlW_:W_:KHX|‰[<=Ea<L<=:?K`B[sNSh:K`E BQUVSF>rI`B0BQIJUmMrW_:KeXZE)dtd)UbGwWyo SFM:*BQI|‚FM_Ea<`SFGQ:>(EˆTQU_GQI<=E)I|GQ:UVS(o SFMAGQO?}eOPGQ:)M_WNSh>¢07 9;E Gw:?@_GQONBw:uM8<=Ea<eI|fFI<=O @FEPGH<eIldaSLKJIlŒ?GQ:&W_:)>(E)M_W_O): EaSF¡ BQIJ‚mMEa<=E)I|GQ:NB–W~XlE)d8d)U_GQWmB–W_O?GˆU_‚FEa<ŽUbI|Gw:NB:8BH<<eGQŒ8B IZ>r@FE?GQ}eE)I<=:V7_’S†B5BQIJqCo!W_O)}ˆEaS_<„WLXZŠ0<eGQ: <eUVSPTQUVSFG5B;:u}e}=:)da<=Igfh:)>r:)M8<[KJO?‚FI<ˆIl>(:*EaS$Gw:?‚FE?GQW(W_:cBw:B#BQIJ‚FM_Ea<=E)I|GQ:VBwq KeX`E)d)dtUbGQWrW_O?G=U_‚FE<ŽUbI|Gw:W_UbI<‘K`XlŠa<eGQ:EaS(GQ:?‚FEPGQWAW_:*BQU_MrdPUVMN<=:?M8S†7 £ <¿%­µ§Z¥=°V¿±Á0¥Q§n­l¿5¤C¿ %ÔPÔ > P ¿ Å<¿%­µ§Z¥=°V¿±Á0¥Q§n­l¿5¤C¿ %Ô ÑY>nÑ f ¿ Ó@Z³8©Q¹0¨0°)¬|ªQ¨?­i·Pª§`ªQº'¥Q§`¶0®)ªˆ§F¶0®_»ª%³µ³|ªD«`ª§`´

(66) : WQ§`ªªQ¨#³|¥Dº'¥%­µ¬AWQ§`ªRÁa²t¹5®P§m³|ª†©Q¥5³|©ˆ®t³N·Pª³µ¥º#¥ZÒe¹0§`¬ ­g´5ÁP¥%®YC#«Z®R:;:l§`¥G7PªR«mª8Ca²t§`¬º ´R«mªˆ­ ¨)¹R¨ ¥QV® C;´%³µª%©ˆ­Jªˆ®t§e«b¬¨8«`©Q§Z¬­l«ˆ¿"D¿ [

(67) _À Z [ÁR] ¤Fª†·?¬g«x²t¹P«Ž¬­J¬N:_·i»¥R³|³´ 7PªQº#ª%¨P­V·PªR«m©Q¹5­J¬J«`¥%­J¬µ¹0¨8«L«`¹0©%¬µ¥5³|ªR«XbPÁGd ILeROLPRQ ¿ QÃPÃ?à Áa²8¿ ½?Ñ Ã ¿. ½.

(68) 02:;*)%/.@572

(69) 46# 5F.-+

(70) 2:;2 2,* .-+32:  . '” GL7N9;EABHSF{CBH<eI<`S_<eIJUbM(WF:*M_U_Gˆ>(:NB;WFO?GQU_‚FE<ŽUbI|Gw:NB#EaSF¡WbI`BR@FU B=I<=IJUbMLB;W_:!WVGQUmI<„d)U_>y>AShM(W_UmI<[Š0<eGQ: GQO)E)KJI`BQO8:@FE?G(W_:NB(E)da<=:0SFG5BA<eI<`ShKJE)InGw:NB(W~X|ShM_:GQ:?@_GQO8BQ:)MN<=Ea<eI|fFI<=O@FE?Ge<eIZd0SLKJIlŒ?GQ::a<Bw:)KJUbM‹W_:VBA<=:?G=>r:VB(Wm: M_E0<`SFGQ:*o!O5<=Ea{FKJInGDSFM(O)sNShIZKZI|{FGQ:!:?M8<eGQ:*KJ:NB;E?fFE)M8<=E?‚F:NB'I`BRBˆSCB'W_:!K`XZEP@_@mKlIZd8Ea<eIgUbM(W_:VB[M_U_G%>c:NB;W_O?GQU_‚FEa<eU_I|GQ:VB @FUVSFGd?YE)daSFM: W_:NB$@LEPGH<eIJ:VB2:uM@_GQO8BQ:)MFd):V7’1dt:a<$:)}e}ˆ:a<=q!KJ:VB,@FEPGH<=:?M_E)IJGQ:NBBQUFd)IJEaSF¡™BQU_MN<r<=:?M8SCB2Wm: M_OP‚FUmd)IJ:?G!WF:NB!dtUm>A@h:uMFBQEa<=IJU_MmB!@FUVSFG*KJ:8ByBwE)KZEPG%IlONB˜E)}eInM–WLXZE0<`<=O?MNSh:?G!o Kl:aSFG!O?‚FE?GwW_q Kl:NB!InMFdtUbMVfhO)M_Il:)MN<QB GQONBeSLK<=E?MN<‘W_:NB[W_OPGQUb‚FE5<eIJU_MmB[E0S_<=UVGˆI`BQO):NB7 F” \L7_9XZE?Ge<eIJd)KZ:A97m”D60”3242WNS j'UFW_:yWNS <eGwEafFE)IJK@F:?GQ>r:?<o*SFM_:rd)U_MNfF:)M8<ˆIJU_M$UVS,SFM$E)dtd)UbGwW,W_: {_GwEuMd)Y_: Oa<=:)M_WNS–W_:GQOtWNSLI|Gw:Kl:$W_OuKlE)I;W_:@_GQO?fF:)M_E)M_d8:8q[:?M4d)EVB!W_: d)Y_E)Mi‚L:)>(:)MN<ƒW_E?MmB!KlEGQO?@FEPGH<ˆI<ˆIJU_M W_:NB#YUbGQEPI|GQ:VBQqCoShM_:AWNSFGwO):Ad)Um>˜@_G%I`Bw:A:)MN<eGQ:A>rUmIJMLBW_:y\TQUVSFG5B#:0<;EaS>rIJM_IZ>ASh> žTQUVSFG5B#>rU_zF:)M_MFE)MN< KeXZUFda<eG=UbIFW_:8B[d)U_MN<eGQ:?@FEPGŽ<eIJ:VBD@FUVSFGDKJ:*BwEuKlE?GQIlOV7 L” ŸF7r:A@FKSBwq <ŽUSi<#E)dtd)UVGQW GQ:?KlEa<eIJ}#oKlEAGQO)WNShda<=IJU_M$WNSW_O)KJE)IDWF:c@_GwOtfb:)M_E)M_d):(US EaS2GQ:?@FU_GŽ<WNS fFUFKSL>(:!W~XlY_:aSFGQ:8B'dtUm>A@FKZO)>(:)MN<=E)I|GQ:VB;WNS$W_I|¡LIlŒ)>(: TˆSCBRsNS†XZE0S<=IJ:?G5B;W_:*KlEAWNSFGQOt:*}HI|¡hO8:!W_EuMFB'Kl:Ad)U_MN<eGwE<=q W_U_I<d)UbM8<=:?M_I|G$W_:NB‚FE?GQE?M8<ˆIJ:VB Gw:uKgEa<ˆI|fb:BopKeXlE)d8d)ŒNB @hUSFG(KJ:VBBQE)KlE?GQIlONB$o<=:)>A@CB @FE?GH<eIg:uK˜EaSF¡ WVGQU_I<QB GQ:)dtUbMiMNSCBƒEaSm¡BQE)KlE?GQIlOVBoA<=:?>A@LBƒd)Um>A@FKl:a< CM_UV<=E?>r>:)M8<EaS4GQ:P‚FE?GQW$W_:NB@U BRBQI|{FIZKZI<=ONBW_:r@_GQU_>rU<eIgUbMq W_:d)E?G=GˆIJŒ?GQ:tqmW_:}eUbG=>rEa<=IJUbMh7 9;EAKJUmI†M_:yBR:AdtUbM8<=:?MN<=:*@FE8B#WLX|SLMF:yBQIl>r@mKl:*GQ:td)UbM_ME)IŽB0BREPM_d8:A}eUbGQ>r:)KZKl:V7V‰;M :)}ˆ}=:a<=qLKeXZE?Ge<eIZd)Kl:97_”D60”3232 WNS j UFW_:rWNS,<eGwEafFE)IJKDW_I`BQ@FU Bw:ysNSh:rKlEd)U_MVfF:)MN<=IJU_M$W_UmI<;@_GQOafbUmI|GW_:VB#‚FE?GQE)MN<=IJ:NBGQ:)KJEa<=I|fF:VB9HIAU1=# D+

(71) :72 2 % ;> 35d2 ;4;) >5 1

(72) 2: :#'1=# 57+

(73) &: A .-2DE46:046# 5.=+

(74) 21 8'2:\8 5d) +.@:\5d2*)% %'> :\#'>  :#'1-# 5d+

(75) &: A .-2DN46: *)DN4;1

(76) 2 .  fL7V9;:<=:0¡V<=:*KJOP‚FEuK†:)MN<=:PM_W E)IJMLBQI~K|S_<`<=:?G;d)U_MN<xGQ:*KJ:VB#W_I`BQd?GQIJ>IJMFEa<=IJU_MLB#IJM_W_InGw:)da<=:NBEaS_¡FsNSh:)KZKl:VB BQU_MN<[BeS)TQ:0<QB Kl:NB#BwEuKlE?GQIlOVB[o<=:u>˜@LBD@LEPGH<eIJ:)KL>(E)Kn‚_GwO*KeXZE)}ˆ}eIZGQ>rEa<=IJU_M_qFd):?GH<=:8BD@mKSB<eYO)U_G%IgsNSh:sNSh:@_GQE0<eIJsNSh:8q W_:*KeXlO?‚FE)KZI<=O!W_:NB;WVGQUmI<QB;:?M8<eGQ:ABQE)KlE?GQIJOVB'o<=:)>A@LB;d)Um>A@FK`:0<[:5<[o <=:?>A@LB[@FE?Ge<ˆIJ:)KL@FEPG'Kl:*M_UVS_fF:)KCE?Ge<eIJd)KZ:97 ”D60” 32%š˜WNS(j#UFW_:WNSA<xGQEafbEuIJKe7 9;:,KJOP‚mI`BRKZE0<=:aSFGA:PM"dtUbM_}eIl:,KlE,>rIŽB0BQIgUmMEaSm¡@FE?Ge<=:?M_E)I|GR:NBrBQUFd)IJEaSF¡–d)E?GAIJK`BBwUbM8<KJ:VB!@mKSB˜o,>rŠ)>(:$Wm: W_O)}HIJMFI|G#d)U_M_dPGQŒa<=:)>r:)MN<[KJ:VB;d)U_M_W_I<=IJUmMmB;WCXZ:)}e}ˆ:8da<=I|fFI<=O!Wm:NB;WVGQU_I<QB[fFIŽBRO8B @FEPG'KlEcKgUmI`7V9;:G gmKJ:!oTwUSh:?G[@FE?G Kl:VB(UbGˆ‚FEPM_IŽBwEa<=IJUbMFB,BˆzMFWbIld)E)Kl:VB(EaS d)UVSFG5B(W_:NB(MFO?‚FUFd)IZE0<eIJUbMFB :8BH<r}eE8d)IJKZI<=O4@VSLI`BQsNSh:4KeX`:)>y@FKJUbzb:aSFG(:VBH< UV{FKnIJ‚FO)q_@FE?G[KJ:DT5:0S WF:NB[W_I`Bˆ@FULBQI<=IJUbMLB[KlO?‚FE)Kl:VBQqFW_:d)UbMFBQ:)MN<=I|G[o ShM_:d)U_MN<eGw:?@FE?G`<eIJ:cBPXlInK†BQUVSFY_E)I<=:GQ:)dtUSFGˆIJG oW_:NBrMUbG=>:8BA@FKgSCB(E?fbEuM8<=E?‚F:aSCBw:NBr:)M<=:PG%>c:W_:}ˆKl:t¡FI|{hIZKlI<=OV07 r: <=:?KJKZ:VBrIJMFd)I<=Ea<=IJU_MmBrMCXl:uM BwUbM8<!@FENB >rUmIJMLBd?GQI<=IZsNShE?{FKl:NBW_E)MLB KlE">:8BHSFGQ:U :)KJKl:NB(GQO)WNShIŽBR:)M8<rKJ:"d)YFE)>A@WCXZIJMFI<ˆIlEa<eI|fh:W_:NB@FEPGH<=:?M_E)IJGQ:VB ?.

(77) QB UFd)IJEaSF¡4:0<Kg:BƒU_G%Ig:uM8<=:?MN<;fF:?G5B#ShMF:M_O?‚FUFd)IJEa<=IJUbM2WF:c<`z_@F:(W_UbM_MFE)M8<LˆWVU_MVMEuM8<R7Xr:r@mKSBwq„KeXl:u}=}ˆ:)d0<ˆI|fFI<=O W_:NBƒEafhE)MN<=E?‚F:8BMO?‚FUmd)IJOVBƒW_O?@F:)M_WOP‚FEuKl:)>(:)MN<=qDdPUb>r> :IJKDKeX`E(Oa<=OWVI<@_GQO)d)O)W_:)>r>(:)MN<=qDW_:yKgEyGQI|‚VSh:aSFG WNSd)U_MN<`G g_KJ::)}H}=:8da<`ShOKJU_G5B[W_:KJE@_GQUFd)O)WNSFGw:WLXZ:a¡i<=:?MLBQI`U_MrW_:KeXlE)d)d)U_GQWL7 ”F›L7D9XZE?Ge<eIJd)KZ:,97[”D60”3232—WNSj#UFW_:WNS<eGQEafbEuIJK>(EˆT0U_GQ:PqW_:"BHSFGQdPGˆU n<=q Kg:dtU _<˜W_:NBrY:aSFGQ:VB d)U_>A@FKZO)>(:)MN<=E)I|GQ:8B W_: ”Lš8] KJU_G5BQsNS†Xx:uKJKl:VB W_O?@FEVBRBR:?MN<-KJE KZIJ>I<=: WNS WbI|¡hIlŒu>(: W_: KeXZYUbGQE)I|GR: Y_:?{bW_Um>rE)W_E)IJGQ:1UVS >c:uMLBeSh:)K }ˆI|¡hO @LE?G Kl:d)UbM8<eGQEa< W_: <eGQEafbEuIJKJq :)M fF:?GH<`S W_: W_IŽB=@FU BQI<ˆIJU_MLB d)U_MNfb:uM8<ˆIgUbM_M:uKlKl:B7 DEPG#d?U_MmBwO)sNSh:)MN<=qLKeXZ:)>r@FKJUbzF:0SFG#W_UbI|<„d)UVGˆGQ:)d5<=:?>r:)M8<;OafFE)K|Sh:?G#KeXZY_U_GQE)I|GQ:AW_:{FEVBQ:AWNS BQE)KlE?GQIJOrE)}HIJM2WLXZO?fFI<=:PG#W~XlE?fFUmIµG SLM(GQ:)d)UVSFG5B#}`GQOtsNSh:uM8<;EaS_¡$Y_:0SFGQ:VB#d)Um>˜@mKlO)>(:uM8<=E)I|GQ:NBEaS =W_:uKloAWNS4BR:0SLIlK KlO?‚FE)Ke7„9ƒXZE)M_E)KJzLBR:4W_:4d):a<`<=:4WVIZBˆ@FULBQI<=IJU_M E?fF:tddt:uKlKl:"sNShI @_GwOtfbUmI<!SFM_:4>EˆTQU_GQEa<eIgUbM‹W_:4KHXlY_U_GQE)I|GQ:4WS BQE)KlE?GQIJO :)M d)EVB2W_:€W_OP@FEBRBR:)>:)M8<$W_:‹d):€W_:PGˆM_Il:?GQqyBˆSFG SFM_:@FO?GQIJUFW_:€W_:GQO)}ˆOPGQ:)M_d):)q<=Ou>cUmI|‚FM_:‹Wm: KeXZIJMN<w:?MN<=IJU_MrWCXZO)dtE?GH<=:?GDKeX|SCBQE?‚h:GQO?@FOa<=OWLX|SFM*<eGQE0fFE)IJKLoKlE*W_:)>rE)M_W_: ‡ 7)9Xl:u>r@FKJUbzb:aSFG[:NBH<‘W_E?MFBShM*<=:?KFd)EVB d)U_MN<eGQEPInM8<[BQU_I<‘WLXZ:?McENB5BeSL>(:?G[Kl:d)U i<=qmBQU_I<‘W_:@VG=UmdtO)W_:?G[o SFM_::)>A{FE0ShduY:*BHSF@_@FKlOu>(:)MN<=E)I|Gw:V7 ž L7V9;E*Gw:u}eU_MN<=:˜WNS$GQO?‚FIZ>(:AWNS <eGQEafbE)IZKDo<=:u>˜@LB#@FE?GH<eIJ:)K†Ub@FOPGQO):*@FE?G#KlEAKJUmI†’Sm{Gwz2:8BH<;E?M_Il>O8:*@FE)G Kl:yBQUVShd)ICW_:AK|SLICGQ:NBe<ˆI<`Sh:?GBQU_M dtE?GQE)da<=ŒPGQ:AW_:<=:?>A@LB#d)YFU_IZBQI†:a<;W_:Ad)U_M_}eO?GQ:PG#EaS4BQE)KlE?GQIlOAo<=:?>˜@~B;@FE?GH<eIJ:8K SFMfFO?GQI<=E?{FKl:BH<=Ea<`Si<Q7L9;EKJUFI':)M_dtE)WVGQ: KZ:VB@FUVS_fFUFI|G5B!WF:KeXl:)>y@FKJUbzb:aSFGQq[E)d)d)U_GQW_: W_: M_UVS_fF:)E0Sm¡WVGwUmI<QB EaS_¡BwE)KZEPG%IlONB:a<B0XlE?@_@VShIl: Etfb:)dIJMLB5I`Be<=E?M_d):,BeSFGKl:B@FE)GH<=:?MEuIµGQ:NBABwUmd)IJEaSF¡C7L•QK`BƒUbM8<WLXZE)IlKZKl:aSFG5B#SLM$GgmKl: M_U_MMO?‚mKlIJ‚F:)E?{FKZ: oTwUSh:?GƒW_E)MmBKl: W_O?fF:)KJU_@_@F:)>:)M8<:a<#KeXlEu>(O)M_EP‚F:u>(:)MN< WNS<eGQEafbEuIJK[oA<=:u>˜@~B@FE?GH<=IJ:)Ke7 [USi<=:?}eUbI`BwqDd):W_:?GQM_Il:?G!BR:c<eG=US_fb:}`GQE?‚FIZKZI`BROr@FE?GKeXŽIJMLBeSL}e}ˆI`BRE)M_d): W_:NB‚hE?GQE?M8<ˆIJ:VB>(I`BR:NB!:)M,@FKlE)d):@FUVSFG B0XlEVB5BeSFGQ:?G;W_:*KJEGQ:?@_GQONBw:)MN<=Ea<eI|fFI<=OGQO):)KJKl:*W_:VB;EaS_<=:aSFG5B;Wi:NB;W_O?GQU_‚FE<eIJU_MLB;:a<D@FEPGDKJEGw:u>(I`BQ:!:uM(d)E0SCBR:*W_:VB IJMFd)I<=Ea<=IJUbMFB[}HIJMFE)MFd)IZŒPGQ:NB[:)Mr}eE?fF:aSFG[WNSr<`GwEafFE)IZKFo <=:)>A@LB[@FE?Ge<eIJ:)K`7. ;9 EaSFGQ:)Md): $%+"("( ’!KZKJUFd)Ea<=E)I|Gw:W_:GQ:)d?Y:?GQd)Y_:VB= ˜M_I|fh:?G5BQI<=OpUbM8<=:NBQsNShIl:aS 65ƒUbGQW_:tEaS_¡r• ‹:)>A{_Gw:WNS j   ’ V‰#. j ’j   (›_\ hG . £ 9PªQ³n¹0¨#³|ª†·?ªQ§l¨)¬|ªˆ§F¥5³¬¨t´%¥D·Pª³x»¥Q§Z­|¬µ©%³µª~¤C¿0Ñ Ñ?>n¼?> Ô ·a®<L¹0·Pª·0®#­J§Z¥=°)¥5¬|³µÁ?¬J«e«x®·?ª†³|¥D³|¹0¬8·a® %Ô Ò`®)¬|¨ QÃ?ÃPÊ ªˆ­i©Q¹0º²t³|´ˆ­J´C²)¥R§ X ³|¥†³|¹0¬ [ ®0Ë)§J¸(@ @`Á?³|¹0§e«`¶0®)ª†³`» E)¹5§`¥Q¬§`ªº#¹Q¸)ªQ¨ ª

Références

Documents relatifs

Abbreviations used: DMEM, Dulbecco’s modified Eagle’s medium; ERK, extracellular-signal-regulated kinase; GFP, green fluorescent protein; GST, glutathione S-transferase;

To test whether the vesicular pool of Atat1 promotes the acetyl- ation of -tubulin in MTs, we isolated subcellular fractions from newborn mouse cortices and then assessed

Néanmoins, la dualité des acides (Lewis et Bronsted) est un système dispendieux, dont le recyclage est une opération complexe et par conséquent difficilement applicable à

Cette mutation familiale du gène MME est une substitution d’une base guanine par une base adenine sur le chromosome 3q25.2, ce qui induit un remplacement d’un acide aminé cystéine

En ouvrant cette page avec Netscape composer, vous verrez que le cadre prévu pour accueillir le panoramique a une taille déterminée, choisie par les concepteurs des hyperpaysages

Chaque séance durera deux heures, mais dans la seconde, seule la première heure sera consacrée à l'expérimentation décrite ici ; durant la seconde, les élèves travailleront sur

A time-varying respiratory elastance model is developed with a negative elastic component (E demand ), to describe the driving pressure generated during a patient initiated

The aim of this study was to assess, in three experimental fields representative of the various topoclimatological zones of Luxembourg, the impact of timing of fungicide