HAL Id: halshs-00344083
https://halshs.archives-ouvertes.fr/halshs-00344083
Submitted on 3 Dec 2008
HAL is a multi-disciplinary open access archive for the deposit and dissemination of sci- entific research documents, whether they are pub- lished 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.
Comprendre la délibération parlementaire. Une approche praxéologique de la politique en action
Jean-Noël Ferrié, Baudouin Dupret, Vincent Legrand
To cite this version:
Jean-Noël Ferrié, Baudouin Dupret, Vincent Legrand. Comprendre la délibération parlementaire. Une approche praxéologique de la politique en action. Revue Francaise de Science Politique, Fondation Nationale des Sciences Politiques, 2008, 58 (5), pp. 795-815. �halshs-00344083�
#
$!&%' ()*+,!-,.&/
#
0) (1/
#
0 23!%)4
5768:9<;>=?60@6BACDE8:9<AGF*H:8B@I$J0KMLN9<D<OP@HRQP6SC6UTWV@QX!?6ZYMA,6B@[]\_^B`NabGcd[`fe1gB[h^B\Nei[
j_k`feN\Nelme1npo3l\Nek nrq$o3nB^B`
sUt
e1nu j ^Wh`vew^Rxy[nB\^Wh
s
c0ewmzlk|{ hmz[bS=&HB@zD}C<HBAGF~KN6AD;IB@|9C6
CI:8W6B;>@6(P! C6KwHU[i{ [Ph^Wn^Rewmz[B[mzlNe[nWl[B k `vew\Ne1 { [b,KMLN9<D<OP@HBQP6(KDYw;Z;6ZHBYAGFY
D-6>KN6C9,FFYN6B@8:9AFH:8B@IdJ KHCIZKMYGIB@HB?YN9A~=,HB@&YMKMY=,=6y@*HBKMYAG9b7C<HBAF$KMH>@|6ROD-6
u k lNew^B\Nek nrm1b9-A,?6ZA8W9<; ;dDAC<LwIrO9
D,6B@KMHCIBKNYMIB@HB?Yw9-A8W9;;6yH:8Z?YfOPY?Iy=&@HB?Y
D-6
6B?8:9<A&?6r P?DHBKMYwF¡I:6¢8:6B=6RAGC<HBA&?bPKH£8W9AG8W6R=,?YN9<A3C6KMH(CIBKfYMIB@HB?Yw9-A
DY,6:F*?HROPHBA8:IW6J
8B&H
D,69-YwF¥¤¦=,KvD-F>9<D§;9YAGFd; YNF66BA©¨ªD<OP@63J=,HB@?YM@>C<LfDAG66R; =&YM@Yw6«¤A,LM6:F*?b
AGIZHBA,; 9-YMAFb36BA¬@Yw6BA¬=,@HR IW9KN9<Q!Y
D-6Zb38BLN6:F?J:C<YM@6
DLw6ZKMKN6A,Lw6WF?®[MP[l\Nei[xy[nB\v¯°A,Y
=,@HB?Y
D,6(A&YG8:9-A,?6r 2?DHBKMYNFI:62a!±²Yw6BA
DLH:zYM@;>HBA,?=@9=,9&F6B@UDA60IZ?D-C6$6B;=&YM@Y
D-6$C6
KMH>CIBKNYMIB@HB?Yw9-A,b_KMLw9DPO<@|HRQP6>C6 X?6BYAG6Z@[\7^B`NaAG6>HBY?
DG6 CIrO6BKN9=,=6B@DAG6¥OPHB@YMHBA&?6
F9-=,,YNF?Y
D,I:6~CD³=9YA,? C6´O!D,6°C6µKMH =&,YKw9,F¡9<=,,YN6 A,9-@; HB?YvO6 &HB,6B@;>H:FFYw6ZA,A,62a
¶9D@?HBA,?b(YK(A,LN6:F?>?9<D?F*YM;>=,Kw6Z; 6BA&?=,H:F=9,FFY,KN6pC6~=,@9<=G9&F6B@«DA6~HB==,@98B6
HBA,HBKv·¸?Y
D,6¹8:9-AGFI
D,6BA&?6¹C6KMH¹CI:KYMIB@HB?Yw9-Aº6BAº8B9<A,?6r !?6=,HB@Kw6Z;6RA&?HBYM@6¹FHBAGF
H:C9=&?6R@»DA6¬=G9,F*YM?Yw9-A¼=,@HR IB9-Kw9<Q!Y
D,6Bb9ACI:6½FzD@¾KLw6B?A9<;IZ?9,C<9KN9<Q!Yw6½6B?
KMLHBA,HBKv·2F6C68:9-AO6Z@*F*HB?Yw9<A,b8ZLM6:F?J:C<YM@6$FHBAGFª@6:8B9<D@YM@²J(DAG6$@zD=,?D@*6@H:C<Yw8BHBKN6$HRO6:8
DAG6ª=,,YKw9&F9<=,&Yw6²=9KMY?Y
D-6
D,YF6FY?D-6Z@|HBY?6BA>HB;9A?C2D=,@9,8W6:FFzD,F7CIZKMYGIB@HB?YNb
DY
F6Z@|HBY?¿=9,F?DKwIW6[NÀÁ^WnB\[aÂ7YN6BApA&Lw6B;>=GW8RG6ZbHRDÃC6B;6RD@HBA,?b7C6dÄÅ@6W8B9AG8W6RO9-YM@Æ>Kw6:F
=,@9<=9,FY?Yw9<AGF³A,9@; HR?YfO6:F©C6ÇKMH¹=,&YMKN9,F9-=,Yw6=9KYM?Y
D,6¾[NÀ© k m\NbJ¹=&HB@?Y@³C6WF
C<YwF*=G9,F*YM?YwzF0CIW8B@YM?²Q!@È:8:6dJKLMHB==,@9,8ZG6HBA&HBKf·¸?Y
D,6Bb_;R;6>FY_Kw6:F£DA6:F$6R?yKw6WF(HRD?@*6WF
@6:FF¡9@?YwFF¡6BA,?C6²=&HB@H:C<YfQ!;6WFHBF9KvD;6RA,?C<YNF?YMA8R?FRa
j h^B\Ne { [B[`M^ `veg h^B\Nek n¿É{ n< k enB\B[i{ [|h^¡À k `kue { [
ÊdD°=G9-YMA?(C6OD-6C6>KLMHBA,HBKv·2F6C6>8:9<A-O6B@FHB?YN9Ap6B?b_A,9?HB;;6BA?b7C<HBAF$KMH
FzDYM?6C6:Fª?@HROHRD< EC<LMËdHB@O6R· X!H:8ZÌF¡ÍbGKHSCIZKwYGIZ@|HB?YN9A&bÎ6ZA3?HBA&?
DLN6BKMKN6YM;>=,KY
D,6C6:F
I:8Z,HBA-Q6WFC6©=&HB@*9-Kw6WFb36:F?´DA6¹9<@;6Ï=,HB@z?Yw8rDKYwÐB@6¹C6ÏÄy8B9AO6B@FHB?Yw9<AÆayA6
8:9-AO6Z@FHB?Yw9<A6:F?KH0C<YwF?@YM-D?YN9A3FI
D,6BA&?Yw6ZKMKw6$6B?78W9<A,?6¡ P?DHBKYwFIW60C6=,@9=,9&F²KMYNI:F²KN6:F
Ñ-ÒfÓ,ÔÕ²ÔÖ×zØMÔÕ²ÔÙ¸ÚÛNÜÝ
Þ,ß&ÔÖÙ!àzÖáyß&ÔÖáWÔÖâZãGä<åØfÙ2æ]çè:ÔÙ¸×Ôá:ÔRÛGæàסÚwÔzèÖÛ-ØfÙ2ÛÚØMÚè¸ÚØMéZÙ:Ù¸ÔzçwÛÛ1è¸Ö-çwàáWêçfØfë:êÖàzÚMØMéZÙ¿×éZÕÅÕyÔ
àz×ÚØMéBÙ²ì¸éZçØMÚØMíRè:Ô)îâðïñNòóñ1ôðõö÷zøözùfú]ñûñúüfùMñN÷üñýþÿùfùóñâ:éRçwÝ Râ¡ÙRâ BÝ
ÖRÚNÔzØfÙ¸Ô¡ÖâÙá:Öê_ß׸ÚØðÔ¡Öâ 0àzÖðè!Û¡ì! WÖÙáBçfØ:ÔÚ"0àÖ×é²ÓGÝ RÚÔÔÙWë¸ÔÖRÔÙ¸â"#ñMÿù%$ñNõö&vùMòñ
'!þÿùùMüvú!ùM÷)(0üfùMþ÷+*,(0÷özÿ
-/.
ùM÷%01'!öõNÿùMö32ñw÷4Möõ
-
#GùfúüMþó¡õNúñMâ 5àÕÅëÖØMáBÔâ 5àÕ²ë¸Ö1ØMá BÔ16)ÙBØBÔÖÛ1ØMÚ8719<ÖÔðÛÛâ ::Ý
;)9<WØçfØfìWì¸Ô16)ÖæàçfØfÙ¸é:â =²éÛÛ1ØMÔ|Ö>*ã=UêçfØfë:êÖàzÚMØMéZÙÅÔÚ2Ù:êréB×*ØwàÚØMéZÙ7îâ?A@0rþüvùMö&fùMþ÷úNâRÙBBâ BÝ
CED Ù0Ôðæ1æÔÚNâçMåè¸ÚØfçØwÛàzÚØMéBÙ0áWåèWÙ¸ÔUÔÕ²ì:ØMÖ1ØÔUÙ¸åØfÕ²ì:çfØfíRè¸ÔUÔÙ0ÖØMÔ*Ù(çwà_ì¸Ö1ê*ÛÔ*Ù¸×Ô²á:åè:Ù¸Ô²áBêÕ¿àzÖ×Ô
ì¸ÖàBFrê¡éBçMé RØfíBè:ÔðÝWä<åÔÕ²ìWØÖ1ØÔ ì¸ÔèÚHG¡ÚwÖÔ7ÚNéZè¸Ú,Û1ØfÕ²ì:çfÔÕyÔÙ¸Ú×zØMÚNêÔ×éBÕ²ÕyÔ7ÔIFðÔÕ²ì:çMÔUéBèyØfççfè2ÛÚNÖàÚØMéZÙ£áWåèWÙ
ì¸ÖéBìé¸Û²ÚJêé:Ö1ØMíBè:Ôâ&×éBÕ²ÕyÔ(×åÔRÛÚÚJ7ìWØMíRè:ÔÕyÔÙ¸Ú)çMÔ(×à|ÛUáàÙ!Û çMÔLK¸ñN÷úýõ1öMvùóñáWÔL9!ØfÔÖÖÔ(ß,éZè¸ÖáRØÔ*è
Ò9àzÖ1ØwÛâ ØfÙ:èBØMÚNâ<NO P4ÜGàQ:Ô|×)çMåÔÚJWÙ¸é BÖàìR:ØMÔS¸àë7çMÔðÝ=yàÙ2Û&×Ô×ðàÛâB×Ô_Ù¸åÔðÛÚì!àÛçwàGçMé ØMíRè:ÔáBÔ)çMåàz×ÚvØMéBÙ
íBèBØ:ÔRÛÚPÛéBçfçØM×zØMÚwêÔ)Õ¿àØwÛçMåfàzáBêíRè2àzÚØMéBÙ¿àzÖ%Rè:Õ²ÔÙ¸ÚàzÚØrÔ_áRè æàØMÚ¸ÔIFð×Øfì:êÔÚáBÔ×ÔíRèÔçMåéZÙTrÔzè¸ÚáBØMÖÔâBá:àÙ!Û
è:ÙÖÔ¡ØwÛÚwÖÔáRØwææNê¡ÖÔÙÚÝUBÔ×_×|Ô¡ÚwÚNÔ7àì:ìÖéW׸ԡâRçMÔ7ÛàV:éBØMÖ&áRè£Ûé:×*ØMéRçMé Rè:ÔÔðÛÚPÔ*Ù£ÛNèÖìWçMéBÕ²ë¿áWÔ_çMåà×ÚØMéBÙ¸â
ì:èWØwÛíRè¸åØççwàסéBÕ²ÕyÔÙ¸ÚNÔáBÔ_çMåÔFBÚNêÖNØfÔè¸ÖâBÙéBÙAWÎì2àzÖÚØMÖ,áBÔ×ÔíRè¸åÔ*çfçÔ_ÔðÛÚì¸Öê×zØwÛêÕÅÔÙÚNâ!XùMü!ñJ!÷ó÷¡üfâBÕ¿àØwÛ
á:Ô)×|Ô)íBè¸åØfç¸ÛàØMÚ<ÒféBè²ì:ÔÙ!ÛÔÛàB:éBØMÖNÜ<áBè7ÕyéZÙ¸á:Ô)ÔÙYðê*Ù¸êÖàçwÝ
8:9-AO6Z@FHB?Yw9<A 6:F*?7HBYMAFY8B@I:I$=&HB@yKMHFzD-8W8:6WFFYN9A C6:Fª?9D@*FC6$=,HB@9KN6:F6B?U=,HB@yKN6SHBYM?
D-6KN6:FU=,HB@?Yw8ZYM=&HBA,?F²FLMHB=&=DYw6ZA,?FzD@²CP6WFU@*IrQDKHB@|Y?I:F
DYNbAG9<@;>HBKw6Z;6RA&?b,F6¿z9ACP6ZA?
FzD@yKw6WFy=&@9<=G9,F =,@I:8BIWC6BA?F6R?Å9<AC6BA?UKw6:F =,@9<=G9&FyFzDYMO<HBA,?FRa<576:F²=&@*9<=9,F
D,60KLw9-A
=G6rD?I:8R&HBAQP6B@8B9;;6~Kw6WF@*IrQDKHB@|Y?I:FFzD@3KN6:F
D-6WKKw6F9A=G6RD?FLMHB=&=D<·26R@EF¡9<A,?
FIZKw6:8Z?Yw9-A,AGIWF_=,HB@_Kw68B9A?6r P?6Wa:_@*6RA9<AGF¶DA 6r 6R;>=,Kw6 =,HB@Kw6Z;6ZA?HBYM@6
ä<ÔU9PÖ1êðÛ1ØMáBÔÙ¸Ú)>¡ãçwàì!àzÖéZçÔÔRÛÚHWÙ¸éWÚNÖÔ×éBçfçè:Ô_ÓGàÕ¿àzá Ù8ÚØ77ðà&î|Ý
0ÝRÓGàÕ¿àzá Ù_ÚfØ77ràU>*ã(éBÙ!Û1ØMÔèÖ!çMÔE9<ÖêRÛNØMáWÔÙ¸Ú 5 ÔÖÛ<סéRçfç¡è¸ÔÛ<î|Ý
9;;609<AKw6@*6Z; HB@
D-6Zb,KN60F6W8:9AC>=,@9=,9,FªFLMHB=&=DYw60F|D@²Kw6=,@6B;>Yw6Z@PKLw9@C@60C6:F
I:8Z,HBA-Q6WF6:F?p8B6BKvDY3CD IJ?9<D@¦C6=&HB@|9KN67ÆZb39<@;6ZKfKw6Z;6ZA,?°8W9<AGF?@zDYM?~=,HB@¦C<6:F
6R <YfQP6BA8:6:Fµ=,@9,8WI:CD@|HBKN6:Fb=&@|9=@6WF HRD FY?6Bb$OPY@|?D,6BKKw6W;6BA?E8W9<A,A-D-6WF°C6Á?9<D,FNKN6
@ÐRQ!Kw6Z;6ZA,?_YMA?IZ@|YN6RD@Å6R?)O6B@FUKw6WF
D-6ZKwKN6:FUYNK,6:F?_?9<Dw9D@F²=9,FF*YM,KN6(C6(FLw9-@Yw6BA?6Z@7=,9D@
YMA&?6B@zO6ZA,YM@(C<HBAGFKHFzDF?HBAG8W6;B;6CD´CIZ,HB?,YA,?6B@@|9-; =@6$DAG6¥HB@QD;6ZA,?HB?YN9<A
8BLN6:F?UKw6@-Kw6$CD@I:FYNC6BA,?bHw9D?6Z@7DAHB@zQ¸D;6RA,?6B?C9A80C6Z; HBACP6Z@yKMH$=,HR@*9-Kw6b
=,@9<=9,F6R@ DA6;9<?YN9A>?@|HBAF9<@;>HBA?KN6(8:9D@F²CDCIB&HB?N=&H:FF6Z@7HRDO9-?6BbKYM;>YM?6B@UKw6
?6B;d=GF7C6 =,HB@|9-Kw6WFb,[\1lq a
576HBY?
D-6«Kw6WF0=&@9=G9&FC68B,H:8rDA§C6WF$YMA,?6R@zO6ZA,HBA&?F0FLHB=,=DYw6ZA,?(FzD@SC6:F
=G6Z@?YMA,6BA8:6WF 8:9<;>;DAG6WF 6B?3F*Lw9@YN6RA,?6RA,?@IR?@9,Fz=6:8B?YvOP6B;6BA?E6R?=&@|9&F=G6W8R?YfO6Z;6ZA,?
O6Z@*FKN6:FÇ=,@9=,9&F¹C6:FHRD?@*6WFYMA&?6B@zO6BA&HBA,?F!8W9<; ; 6 O6B@FKw6WF¹@IBH:8Z?Yw9-AGF¹C6:F
HRD,C<Yw6BA8:6WF¼=,@IWF6BA&?6:F¼9<D HBF6BA&?6:F A,LYM;>=,KY
D-6 =&H:F
D-6 8:6rDP z8BY F9YN6BA&?
8:9-AG8B9-@*C<HBA?F9D¦; 9-A,9=9<A,Y
D,6:F6B?bªAG9<?HB;>; 6BA?b
DLMYMKF>@6BKNÐRO6ZA,?C6KHE;R;6
=G6Z@?YMA,6BA8:6Wa#"dA A,9;;6 ÄÅ=6R@|?YAG6RA8:6ƽDA @*IR=6R@?9YM@6 FzD@ KN6
D-6ZK FLN9=GÐZ@6
HBKMYQ!AG6Z;6ZA?yC<YwF8rD@FYNy6B?yC9<A,?²9A@6RO6ZAGC<Y
D,6KMLN9F6B@zO!HBAG8W6C<YwF8rD@FYvO6Bbη8:9-;=,@YwF
Kw6WF¹=&@|YAG8ZYM=G6WF
DY~@6BKNÐRO6ZA,? C6KMLN9<@*C<@6 C6}OIZ@|Y?I
DLYwKpIB?HB&KMY?$NKw6=,@YMA,8ZYM=6
;>Hw9@Y?HBYM@6Bb=,HB@6R 6Z;=,KN6BbFYKMLN9A@I:ÐZ@60J$KMH$=G6B@?YAG6BA,8W6CIB;9,8R@HB?Y
D-6Ra<@6BAG9<AF
KMLN6R 6Z; =&Kw6FzDYfO<HBA,?(C<LfDAp; YA,YwF*?@*6IrQ·¸=?Yw6ZA§C6:F&%0HBY@|6WF0@6ZKMYfQ!YN6BD,F6WF0=&@I:F6ZA,?HBA?J
KML'%F¡F6B;>,KNI:6CD¶6RD=,KN6$DA=&@|9N6B?yC6$Kw9-Ya 6$=,@9w6Z?;6Z?Å6ZAE=&KMH:8W6$DA69@z;6dCP6
C<YfO9@8:6ªJyKMLYMA&YM?YMHB?YvO6C6yKLwIB=,9D-F¡6NHRD
D,6BK<KMLNIB=9<D< SAG6 =,6RD?FLw9-==G9&F6R@)(*
ä<Ô$ÕÅØfÙWØwÛÚNÖÔ >&ãäàáBØwÛ1×è2ÛÛ1ØMéZÙ3á:Ô0סÔ0ìÖé+Ô¡ÚWçMå×ðàzáBêÕ²ØfÔá:Ô0ÖÔ×ÔÖ×:ÔRÛ²ØwÛ1çwàÕ²ØíZè:ÔðÛ
Ò,ö-2ö .¡öÿ/%$óX10X²özÿ/vùfúwÿ232,ù
-V-
öÜà áBè¸Ö1êÅÚNÖéBØwÛÎÕyéBØwÛÎì¸éBèÖì¸ÔÖ1ÕyÔÚNÚwÖ1ÔÅàèFyÕyÔÕ²ëÖÔðÛ)á:åÔFðìÖØfÕ²ÔÖçfÔzè¸ÖÛ
éBìWØfÙ:ØMéZÙ2Û3ZÙ¸éZè2ÛàB:éBÙ2Û :éWÚwêYWÎçwàÎÕªà +féWÖØMÚêáBÔðÛ :éBØFBâ:×ÔzçwàÔðÛÚÙ¸éWÖÕ¿àç 3W×åÔðÛÚçMåfàVBØwÛ&áBÔ_çwàÕ¿à +fé:Ö]ØMÚwê_ÔÚ
×ÔÚ!àBRØwÛ<ÔÙ:àBðÔÒ
-
ó*ÿ
.
ù2PÜ-ÚwéZè2ÛçfÔðÛ<Õ²ÔÕ²ë¸ÖÔðÛ<î|Ý
XY²KMLw9-A©8:9AFYwCÐZ@6Bb7;>HBYMA&?6BA&HðA&?bÅKN6:Fd=G6Z@?YMA6BA,8W6:F>IRO9
D-IW6:Fd=,HB@KLw9-@|HB?6rD@b
6BKKw6WF F9A&?3CP6®C6RD< 9@C<@|6WF¿KH°=6B@z?YMAG6ZAG8B6®8B9@HBA,Y
D,6Bb$?9<D?C<LHBG9<@C<b(=DYwF
DLwYK
H:YM@;6
D-6¥Kw6d=,@9N6B?yC6Kw9-YH IZ?I6R PHB;>YMAI=,HB@ªDAG6H:FF¡6B;>,KwIW6C<Lw9DKNIB;>H:Fb6Z?ÅKNH
=G6Z@?YMA,6BA8:6CIR;9,8R@HB?Y
D-6Zb6BAFzDYM?6Bb)=DYwF
DLYNKH:YM@;6
D,6KMLHROYNFHIB?IH:C9-=?I0JKH
;>Hw9@Y?I(C6:F O9Yv ,a!²Yw6ZA3C<HBAGFUKMH0CIZKwYGIZ@|HB?YN9A36ZA?@*6(9DPKwIZ; H:FUA&LMYM;>=,KY
D,6Bb,6ZA36:z6B?b
DLvDA~HROYNF06ZA°;>HB?YwÐZ@*6¥@*6ZKMYvQ2YN6RD,F6>C9YfO6 Z?@*6dH:C9=?Id6BAp9<AG8Z?Yw9<ApCDEA9;&@*6dC6
F6WF(=,HB@?YNFHBAGF48BLw6WF?¿FzD<QQPIB@6B@
D-6dKMHdOIZ@|Y?I F*LwIB?HB&KMY?y=HB@(Kw6>CI:8W9;=&?6Bb_HBKw9@F
D,6Bb
C<LfDA§=9YA?0C6dO!D-6«@6BKMYvQ!Yw6RD< Pb²6BKMKN6=&@*IW6R PYNF?6J3F*H@*6W8B9A&A,HBYwF¡FHBAG8W61Ra65 9D?6:z9YNFb7KH
=G6Z@?YMA,6BA8:6 CIZ; 9,8Z@|HB?Y
D,6¬O6B@F¾KMH
D,6BKKw6½FLw9-@|YN6BA&?6 Kw6 ; YA,YNF?@6 H KMLHROPHBA,?HRQP6
7/¡èÖçMåè!ÛàBÔ_á:Ô)çwàìÖéW×êáBè¸Ö1Ôá¸àÙ2Û-çfÔá:êë!àÚNâ :éRØMÖ,ßGàè¸áWéBèBØfÙ =Uè:ì:ÖÔÚNâ!RéZè!à8ç!ßÔç2àzá+:ÔÚ
RÔðàÙ 9;:²é=<*ç?>ÔÖÖNØMêâ>ã=²êÕyéB×ÖàÚØfÔâæàÕ²ØfççMÔÏÔÚì¸Öé:×êáBèÖÔðÝ D ÚWÙ¸éZÕ ê¡Úé:áWéBçMé RØMÔá:åèWÙ}áWêë2àzÚ
ì2àzÖ1çMÔÕÅÔ*Ù¸ÚàØMÖÔÛ7Ö1ØÔ*ÙÅî_ÒWì!àzÖàA@MÚNÖÔÜÝ
BDCéBØMÖERÔðàÙ 9;:²é=<zçD>2ÔÖÖ]ØMê(ÔÚßàè¸á:éRèWØfÙ = è:ìÖÔÚ_ã9<Öêðæ]êÖÔÙ×|ÔRÛ²ÔÚ)ì¸ÔÖÚØfÙ¸ÔÙ:×ÔRÛ/>GàÙ!àç7rÛÔ
ì¸ÖàBFrê¡éBçMé RØfíBè:ÔáBÔðÛæNØèÖÔðÛªáBè3×éZÕ²ì¸ÖéBÕ²ØwÛyÔ*Ù3×éBÙÚwÔIFrÚÔ0ì!àzÖçMÔzÕyÔÙ¸ÚàØMÖÔðÝ ì¸ÖéBìé¸Ûªá:åè:Ù3á:ê*ë2àzÚ
HROPYNF 6BA-Q2HRQP6 s { `t
ex »?9<D,F¾Kw6WF ;6B;>,@6WFÆ
Ý
X!Y§8W6:F¾C6RD< =G6B@?YAG6BA8:6WF F¡9<A,?
FY;DKM?HBAIB;6BA,?UHRD-C<Y,KN6:F(6B?y8B9&9=GIR@HBA&?6:Fb8:6$A&Lw6:F*?7=,HBF=,HB@8W6
D,6KMHCIBKYMIB@HB?Yw9-A
CIB;9,8R@HB?Y
D,6>HG6WF9YA§C6>KMLMHZOPYwFdC6:F9<D,KNIB;>H:FS9D
D,6>KMLHBOPYFC6:Fd9<DKwIB;>H:F$=G6rD?
@I:FzDKM?6Z@OPHBKNYwC6B;6BA&?3C<LfDA¹O9-?6Bb8BLw6WFz?=,HB@8:6
D,6§8Z,H:8RDAG6®C6§8W6:F=6B@?YMA6RAG8:6WF
FLH:C<@*6WFF6J(DAG6(HRD,C<Yw6ZAG8W6(=,@IW8BYwF¡6BbG8W9;>=@6BA,HRA,?_DAG6$8B9KKw6:8Z?Yw9-AEC<LMYAGC<YvOPYwCD,Fy@IrDA&YwF
=,HB@dDAG6;Z;6HB=&=,HB@?6ZA,HRAG8W6 8BHB?IRQP9@YN6BKMKN6UKw6:F>;dD,FzDK; HBAF6B?Kw6WFCIB;9,8R@HB?6:Fra
¶9D@yKLMHRD,C<Yw6ZAG8:6$;dD-F|D,KM;>HBAG6BbYKÎ6WF?7AI:8W6:FFHBY@6
D,60KN6:F(9DKNIB;>H:F¿F9-Yw6ZA,?ÅC<LH:8:8W9<@*Cd¢
=G9D@UKMLHRD-C<YN6BAG8W6(CIB;9,8R@HB?Y
D,6BbYMK-OPH(C6(F9Y
D-6KN6ªO9?6;>Hw9-@|Y?HBYM@6(CIB?6Z@;>YMA6Kw6:F
8B9Yv ,a
Ê>HBAGF¶DA6yH:FF¡6B;>,KwIW6²=,HB@KN6B;6RA,?HBYM@6ZbPKN6:FHRD,C<Yw6ZAG8W6:F=6¡DPO6BA,?bCD@6:F?6ZbR?@6
=,KvD-FA9;>,@6RD,F6:FU¢6BKKw6:FKN6F9-A,?UQPIBAGIZ@HBKw6B;6BA?a)yA°CIB=-D?IZb=,HB@KMHBA&?²JSKH?@|YDAG6Zb
FLH:C<@*6WFF6$6BAE6Wz6B?J0F6WFy8:9-KMKwÐrQD-6WF
DY&=G6rDO6BA&?HB=,=,HB@?6BA&YM@²J(=,KvD-FYN6RD@Fy8:9-KMKw6W8B?YN9AGF
C<LMYAGC<YvOPYwCD-F6Z?,A&Y
D-6Z;6ZA,?b,@6ZKMYfQ!YN6RD,F6B;6BA&?bGF6r !D-6ZKMKN6:;6BA?b)[\1l]qy6B?b,HRD,C6ZKMJ0C6$8:6:F
8:9-KMKNÐRQD-6WFbYKFLMH:C<@6WFF6J$KwH8:9-; ;dDA&HRD?IOPY@?D-6ZKMKw6dC6:F(IBKN6:8Z?6RD@*F*b
D,Y6:F?²J$KwH9-YwF
DAG6 ÄÅKH>HB?Yw9A$ÆBb<ÄÅKN6ª¶6RD=,KN6¿F9DPO6B@HBYMAÆBb[\l]qU6B?)OPHB@YNI:6BbHRDF6BAFÅC6WF²8B9KMKN6:8Z?Yw9AF
C<LMYAGC<YvOPYwCD-F$@6BKN6ROPHBA&?£C<LHB=,=,HB@?6BA&HBAG8B68BHB?IRQP9-@|YN6BKKw6:FC<YNIZ@6BA,?6:Fra LN6:Fz?HBYMAGF*Y
DLfDA
G9-;;6SC6@6BKMYvQ!Yw9A&bIBKfD3J$KML'%FF¡6B;>,KwIW6CD¶6RD=,KN6Bb6B?7CIW6BAC<HBA?7KLMHB=,=&KMYN8BHB?Yw9-A C6
KMH 5 9-YC<YvOPYMA6mW^WhÉ^ HRD=&@*ÐWF7C6yF¡6:F78W9KKwÐRQD,6:Fb8:9-;;6RAG8:6F9<A&?GYA,?6R@zO6ZA,?Yw9<AC6²KH
;>HBA,YwÐZ@6¿FzDYfO<HBA,?6&
ä<ÔÛ!àB7M BàBBÖ>)ã L6 6ä) : Râ 5 D : >ÔÚ 5²ä<äT6 D ÝÝÝ
çMé:ÖÛíBè:Ô =UØMÔè0à)ØfÙ¸ÚNÔÖáRØMÚ,àèF¿àÛÛé:×ØwàzÚØMéBÙWÙ:ØwÛÚNÔðÛáWåÔ*Ù¸ÚNÖÔÖá¸àÙ!Û&çwà)Õyé¸ÛíBèêÔÅÛàØfÙ¸ÚNÔâWçfÔðÛ×Öé 7ràÙÚ]ÛÎéBÙ¸Ú
ÔèUì¸Ôzè¸Ö<íRè¸Ô×ÔÚNÚÔØfÙ¸ÚNÔÖáRØM×ÚfØMéZÙ²ØfÙ2æçfè:ÔÙ:סÔçÔ*è:Ö,Û1ØMÚfè2àzÚØMéBÙ²ê×éBÙéBÕ²ØMíRè¸ÔîÑÝ
5HpKMYNF?6§C6WF?@9YwF´?6B@;6:FµC<LMH:C<@6:FF¡6Bb(D?YMKYwFIW6p=&HB@EKN6§F&HR·¸Ì!¾X!HBÌ@|bHBY?
@I:zIB@6RAG8W6©J©?@9-YwFp=6B@z?YMAG6ZA,8:6WFKMH©=6B@?YMA6RAG8:68B9@HRA,Y
D,6$IJ;D,FzD,K; HBAFÆ1b>KMH
=G6Z@?YMA,6BA8:6 CIR;9,8R@HB?Y
D,6 Ä 8:9-KMKNÐRQD-6WFÆ1 6B? KNH =6B@?YMA6BA,8W6 A,HB?Yw9<A&HBKw6
Ä 8ZYM?9·!6BAGF)Æa576:Fµ=G6Z@?YMA6BA8B6:F~FIBKN6:8B?YN9AAI:6:FµHB==,HB@zHBYwFF¡6BA,?HBYMAFY8BG9-YwFYN6:F~6BA
9-AG8Z?Yw9<AºC6:F®HB=&=,HB@?6RA,HBA8:6:F8ZHB?IRQP9<@Yw6BKKw6WF¦F*LMHB=,=&KMY
DHBA,?~; HBA&Yw6WF?6B;6BA?~JÏDA
HRD,C<YM?9Y@6 N=,HB@?YN6>=,@I:F6RA&?6Rb7KN6:F$Äy8B9KMKNÐRQD,6:FÆZbÅ6B?(=&HB@?YM6HBGF¡6BA?6BbUKw6WF8BY?9·26BAF
DY
F6Z@*9-A?7YAG9<@;I:FC608W6:Fª=@*9-=,9,FRayKMKN6:FªAG6F9-A?7=,H:FF6RDKw6Z;6ZA,?ÅC6WF8R@YM=&?YfO6WF¿C<LvDA
IB?HB?C6=D,KYw8(C9-A?¶9-A>O6RD?HB??Y@6R@Å6B?8:9<AF6B@zO6Z@7KLMHB??6RA,?YN9A ¢6ZKMKN6:FUYMAF?HRD@6ZA,?)DA6
8:9-A?@HBYMA,?6(C<YNF8RD@FYfO6a 6;IW8BHBA&YwF;6=G6rD?R?@6(CI:8R@YM?YN8BY P9A3FIZKw6W8B?Yw9-AAG6KN6=,KfD,F
F9DPO6ZA,?yKN6:F=,@9<=G9&F
D-6dKMLN9A~?Yw6BA&?y6BAp9<AG8Z?Yw9<ApC6 8B6
D-6dKMLN9Ap8B@9Y?¿FHRO9-YM@0C6:F
=G6Z@F9<A,A6:FpJ
DYKMLN9A FLMH:C<@6:F¡F6a 6©A&Lw6:F*? =,H:FF6rDKN6B;6BA,?´DA6©AI:8:6WFFY?I C6
KMLYMA&?6B@H:8B?YN9A Fz?@HB?IRQ!Y
D,6¹;>HBYwF³DA6 8W9AGC<Y?Yw9<A½;R;6 C6ÇKMH 8:9-; ;dDA,Yw8ZHB?Yw9<A&b
8:9-;;6KMLMHAG9<?Iª_Yw6B@@6ª5¶YvO6B?! a!Ê>HBAGF DA3IW8R,HBA-Q6(8B9-;;dDA&Yw8BHB?YN9A&A,6BKMb,9-A3FLMHvD-F*?6
AGIW8:6WFFHBYM@6Z;6ZA?(J3F|9-A§YfA&?6B@Kw98rD?6rD@$=G9<D@R?@68:9<;=&@|YNFC6KvDY 6B?HRD-F¡FY7A6=,H:F
HBY@6ºC<LMY; =&HBYM@7¢p8W6B?HfD,F?6B;6BA&? Y; =&KMY
D,6
D-6 KML9A HB??@YM-D-6½C6:F»HB??6RA,?6WF
8:9-AO6ZA?Yw9-AAG6BKKw6WFJF6:F>YA,?6B@KN9,8RD?6RD@Fby6BA©9<A8B?YN9<A¦C6Kw6rD@YNC6BA&?YM?I; HBA&Ywz6:F?6
N=DYwF
DLw9-A¹AG6µ=G6RD?FLw6ZA H:8
D,IB@YM@HRD=&@Ð:FC<Lw6rDP ©HROPHBA&?C6µ=,HB@Kw6Z@Ra"yA?6R@;6WF
6B?A9<;IZ?9,C<9KN9<Q!Y
D-6WFb KN6:F YNC6BA&?YM?I:F C6WFºYA,?6Z@|H:8R?HBA&?Fb¹Kw6rD@½HB=,=&HB@|?6RA&HBAG8W6
<äPÔRÛÕªà +è2Û×zè:çfÔðÛØfÙáBØfíBè:ÔÙÚ:çMÔÎÙ:Ø:Ôðàè¿ÛéBÙé:ÖÔêzçÔIrê_áBÔçwà :éBØF:Ý
Ñ#ÖàzáBèBØMÚ&ÔÚGàÙ!àç7rÛêUì2àzÖ :²éZè¸ÖàÙ:ÔT[UÔçfÕY7yá¸àÙ!ÛE]öïE@ùfúwÿfö32,ùfúö&vùMþ÷UûóÅûzùfúüMþó¡õNúðýþÿùvùó¡ñ,ñN÷
$ 0-
ýHñ%&ö|÷¡öÿ
-
ú]ñ_ûzùfúüMóõNúNùMòñ_ûñú¶û@$öMvú¸ýözõNÿñJ2ñw÷4MöùMõ1ñMú_úóõ)ÿ&öý|ý<ÿùMüMöùMþ÷û|ñ)ÿföyúXöõù&öñN÷('*),+.- ñ%GñN÷('),+/Bâ
ÕyêÕyéBØMÖÔì¸éZè¸ÖçÔ_=yÝ
D ÝáBÔ_R×ØMÔ*Ù:×Ôì¸éZçfØMÚfØMíRèÔâ+6)ÙBØBÔÖÛ1ØMÚMê BàØfÙÚ9ðéÛÔìâBß,Ô37ðÖéBè¸ÚJâ ::Ý
ÑÑÛéBçMêÔÔ¡Ú¸áBê¡×ÖNØMÚNÔì2àzÖ:yÝ4[7ÔçfÕ 7ðâðù%$ùMûÝ
ÑÞ6CéZØMÖU9ØMÔÖÖ1ÔÅäØrÔÚNâa]ö ^þV22ó÷öó@&òùMõ%Mó¡ñMÿÿfñ*4(üJfùMþ÷²ñüþV22ó÷ùMüMö3fùfþ÷âH5&éBÕ²ë!à|ÛâäPåD ×çwàzÚNâ
C6:F¬8BHB@H:8Z?IB@YwF?Y
D,6:F;9@HBKw6WFb©FLMH:8W8:9;>=,HRQ!A&HBA? C6ºC6rO9Y@ 6B?¾C<LM9&KMYfQ!HB?YN9AGF
Ä 8W9AFI
D-6ZA?Yw6ZKMKw6WFÆ>C<HBAGF(KN6 8W9<D@F0C6dKMLMYA,?6Z@|H:8R?YN9A)a 6WF08:9<AFYwCIZ@HB?Yw9AF;9-@HBKw6:F
6R 6B@8:6RA&?>DA6§8B9A&?@HBYA,?6§F|D@;9<A HB@zQD;6BA&?HB?Yw9<A,b0C<HBAFKMHp;6:F|D@6§9 YMK6:F?
8:6Z@?HBYMAG6WF78Z,9,F6WF
D-6 w6(FHWYwFU8:9;>;dDAIB;6RA,?AG6ª=,H:F =,9<D<O9Y@7C<YM@6¿6ZAz9A8B?Yw9<AC6:F
=,@IWIB@6BA8:6:Fª; 9-@|HBKN6:F(C6$;6:FYMA?6Z@Kw9,8rD?6rD@F6B?²C6:F=,6B@?YAG6RAG8W6:Fª=,@I:F¡IBKw6W8R?Yw9-AAGI:6WF
=,HB@ªKw6RD@yHB=&=,HB@?6BA&HBAG8:68ZHB?IRQ29-@Yw6BKKw6WF¿6Z?7Kw68W9A,?6r P?6C6(KLMYMA&?6B@H:8B?YN9A)aGyA 6r 6B;=&Kw6
8BHB@YN8BHB?D@|HBK>HB=,=&HB@Hw?°C<HBAF§8:6Z??6©YA,?6Z@O6BA?Yw9-A C<LvDA¬CIB=D?I8:9<=,?6Zb F?IZ=,HBA6
±ÅH:F¡FYMKNYMbC<HBAGF¶DA>HRD?@*6CIR,HB?=&HB@|KN6B;6RA,?HBY@*6ªFzD@KLMHB=&=,KMYN8BHB?YN9AC6²KMH²579YC<YfO<YMAG6
D
ÛÚNêìR2àÙ¸Ô)ßGàÛÛ1ØfçØ<>¡ã5Ô +féZè¸Öé²çMàúXöõNù&ö-ØwÛ1çwàÕ7ØMíRè:Ô_á:éBÕ²ØfÙÔÙ¸éÛ<çMê3ðØwÛ1çMàzÚØMéBÙ2Û-ÔðÛÚWè:Ù+féRè¸Ö
RçMé:Ö1ØÔèRF¶Ô¡Ú:×ÔzèFíRè:Ø:éZÙ¸ÚPæàØMÚWèWÙÅÔðææ1é:ÖÚìéBè¸Ö":éBØfÖ<×Ô +féRè¸Ö<Õ²êÖNØMÚNÔÙ:ÚçwàÛàzÚØwÛæà×ÚØMéBÙyáBÔU=UØfÔè7îÑ%;Ý
@6BA&HBA,?_KMH(=&HB@*9-Kw6$C6ROPHBA&?_DA6(HRD,C<Yw6BA8:6
DLMYK,YwC6ZA,?YNYw68W9;;6Ä7;dD-F|DK; HBA67ÆBb&Kw6
CIB=-D?I>FLN9@Yw6ZA?6O6Z@F(KMHd=G6B@?YAG6RAG8W6 8B9-@HBA,Y
D,6a 6Z??69@YN6BA,?HB?YN9<A°KN6 8W9A?@HBYMA&?yJ
H:C9=&?6R@DApC<YwF¡8:9<D@F0C6¥Ä F9-KMYNC<HB@|Y?IAIRQ!HB?YfO67ÆBb8:9-AGFYMF*?HBA,?yJ C<Y@6 8W6
DLYMK_=G6ZAGF6
D-6KN6:F>HZD?@6:F>HB??6ZAGC6RA&?
DLMYMKC<YwF6 a 6Z=G6RAGC<HBA&?b
D-6ZKMKw6
D,6 F9-YM?KNHE?6ZAGC<HBA8:6
A,HB?D@6BKKw6C6:FªH:8B?6rD@FªJSFLHfD,F?6B@yJ$KMH$A,9@; HB?YvOPYM?ICD38:9-A?6R P?6Rb9<A3=6RD?7Y; HRQ!YMA6B@
D-6ÏKMH CIW8BKNHB@HB?Yw9-A CD CIB=-D?IÏ6RD? =,HB@zD YMA8B9AQ!@zD6FLMYK6rD?~IB?IFYM;>=,KN6B; 6ZA,?
YwC6ZA,?YNYwI(8W9;>;6(8W9<=,?62a 6ALN6:F?_=,H:FUKN6(8BH:Fb&=,HB@8:6
DG6(8:6Z??6=,@H:F6@6:FF¡9@?YwFF*HBA,?
C6~KMH~=G6Z@?YMAG6RA8:6p8B9-@|HBA&Y
D-6~HpIB?I~YA,?@9,CDYM?6~=,HB@«DA6~=,@I:8:IWC6RA,?6pCIB8ZKMHB@HB?Yw9-A
YMA8BKvD-FYO6Zb@*6WFF9-@|?YNFFHBA&?b¥6ZKMKN6BbC6®KMH§=6B@z?YMAG6RA8:6ÁA,HB?Yw9-A,HBKN6BbCD =,@I:F*YwC6BA?C6®KMH
9;;>YwF¡FYw9-A³8Z,HB@zQPIC63KHE8W9,C<YwYw8WHB?Yw9-A©CD¦C<@*9-YM?$=GIBA&HBKy6BA©9-AG8B?YN9<A©C63KH579Y
C<YfO<YMAG6&
ä<ÔyìÖêRÛNØMáWÔÙ¸Ú<>-ã~ÕyéBÙ àBBØwÛÔÚ +fåÔðÛ1ì=ÖÔyíRèÔ+fåÔIFðìÖØfÕ²Ôyê:àçfÔÕ²ÔÙ¸ÚçMÔRÛS :ÚNÖÔRÛâ×|Ô +féRè¸Ö
ÖÔì¸ÖêðÛ1ÔÙ¸ÚNÔ)è:Ù:ÔæGÚÔÙ!àzÚMØMéZÙ2àçMÔ_×ðàÖ<Øfç!à Bè²çvàÖêðàçØwÛàÚØMéZÙ áZèTrÖàÙ¸á²Ö,GIrÔ_á:Ô×I2àzíRè¸Ô_×zØMÚwé 7ÔÙyá:Ô)Ù¸é:ÚNÖÔ
ì¸Ô*è:ì:çfÔ)î|Ý
6B?(6BA,8Z,HNAG6B;>6BA?(C6>=G6R@?YMA6RAG8:6WFbYMA&?@YAGFÐ
D,6B;6BA&?yYMA8:9;d;6ZAGFzD@HB,Kw6WF
¤§8B,H
D,6>=G6B@z?YMA6BAG8B66WF?²OP@HBYN6C<HBAGFF9Ap9@C@6,Ͳ¤,b7C9-A,A,6>A,IZHBA,; 9-YMAGF$KYw6RD~J KH
8B@IZHB?Yw9A8:9KKMHB9@HB?YfO6~C<LfDA¹C<YwF8W9<D@*F8B9KKw6:8Z?Yw¥¤ uPhk mm k x k k 7Ä3A9<D,F3F9-;;6WF
8:9-A?6BA?FyC6KMLHB=,=,KYw8ZHB?Yw9AC6(KH5 9-YGC<YfO<YMAG6UƤE9KH(=G6B@?YAG6RAG8W6(A&Hð?YN9A,HBKN60F6Z@?7C6
9-AGC6Z; 6BA?(JKH; YNF636ZA¦8:9<;>;dDACP6«KMH=G6Z@?YAG6BA8B68:9-@|HBA&Y
D-62a576=&H:FFHRQP63C6
KMLvDA6yJªKMLMHRD?@6yA&Lw6WF?=,H:FHB@zQD;6ZA,?HB?Yw A,Y<Kw9<Q!Y
D,6Bb<A,Y<@GIB?9@Y
D,61;>HBYwFUF?@Yw8Z?6B;6RA,?
KMYNIJ(KMH(C·¸A&HB; Y
D-6(C6WF7?9D@F²C6=,HB@9-Kw6:Fra %£YAGFY
D-6KMLH(;9-A?@*I(XH:8BÌ<FbKw6ªÄ²AG9<D,FÆZb
C<HBAGF¦DA6¹YMA&?6B@H:8R?Yw9-A,b6:Fz?~DA HBY?§C6 8:9-KMKHBG9@HR?Yw9-A 6R?pA,9A DA6=,@9=@YwIZ?I
FIZ; HBA&?Y
D-6C6KMH=,,@H:F6
D-6´KMLw9-A=G9<D@@HBY?S8:9-AGFYNCIR@6B@YAGCIB=,6ZAGC<HB;;6BA? a7XH
Ñ%ä<ÔÙ2à ràB77è2Û1ØMâ/^öMñ0BþõNù
.
öMùMþ÷²ö÷ûYXñ ,Sþõ1öÿGõûñMõNâäPéZÙ¸á:ÖÔðÛâ!Ó&éBèÚfçMÔáBÔ7ÔÚ_Ô:àÙ 9àèWçMâ
NO P4::Ý¡è¸Ö×Ô_ìR¸êÙéBÕÙ¸Ô¡â :éBØfÖGàè!ÛÛ1Ø2ß,àèá:éRè:ØfÙ =7èWì¸ÖÔ¡Úwâ ]ñRóJ0rñ82GñN÷!ñN÷öüvùþ÷* X¡÷|þV2E@%Xþûþÿþ0ðùMñ<ûó
ûõþù¸ûñWÿöE2,þõ1öÿfñ!ñJ¸ûñWÿfö-BóúùMüMññw÷H0
-
ý/Mñâ,7Ô*Ù=rÔ99àzÖNØwÛâ =²Öé 5&Ôá:Ô+fâ +BÝ
Ñ%;5-ØMÚêÔÚ<×éZÕÅÕyÔÙÚMê_ì!àÖ :yÝ [7Ô*çfÕY7ðâ]ö)ï@ùfúNÿö32,ùfúö3fùfþ÷û|ó_ûzùfúüMþóõNúýPþÿùùóñ¸þý*BüfùfâZì2Ý
ÔÚPÛ1èBظàÙÚMÔðÛÝ
ÑC
CéZØMÖ/rÝ9;:yÝ>!Ô¡ÖÖ1ØMêâ)]ñï@0ù2ñûñÿföyüfùMò1ùfÿùJ@ñN÷/0
-
ý)MñGþý*Püvù%*×I2ÝGY>ãäàªÛéBçfØMá:àzÖØMÚê
Ù¸êIZàzÚØ:Ô)×éBÕ²ÕÅÔ)×éBÙÚwÖàØfÙ¸ÚNÔî
Ñ%Z)9<éBè¸ÖÖÔìÖÔÙ¸áWÖÔ)çwàæéWÖÕUè:çfÔáWÔä<àÓ,éW׸Ôæ1éBè:×ðàèBçMáyÛ1è¸ÖçMÔE:ÖàØ!>¡ã,ä<ÔS:ÖàØMâBá¸àÙ2Û-íBè:ÔçfíRè¸Ô
Û1è +ÔÚíBèåØfçGÛÔyÚNÖéBè BÔâ!ÙÔ²ì¸Ô*è¸ÚG¡ÚwÖÔ²Ôðææà×ê ì2àzÖ¶àè:×zè:ÙÔy×éZÕÅì!àzÖàØvÛéZÙSá:åè:Ùàè¸ÚNÖÔ :ÖàØMâ!ÔÚíRèÔçMíRè:Ô
áBØwæ1æêÖ1ÔÙ:×Ô7íZèBØPìWèBØwÛÛÔYGÚNÖÔ7ÔÙÚNÖÔ²áBÔzèF£Û1è +Ô¡Ú]Ûâ×|Ô²íRèBØÔðÛÚ/:ÖàØá¸àÙ2ÛÎçMåèWÙ(Ù¸åÔðææàz×|ÔUìéBØfÙ¸Ú&×ÔÅíRèBØÔðÛÚ
:ÖàØ,áàÙ2Û)çMåfàè¸ÚNÖÔ1>2ØçwÛ)ìÔè :ÔÙ¸ÚàB:éRØMÖ)ì:çfè2Û_éRè$ÕyéBØfÙ2Û_áWåê¡ÚwÔ*Ù¸áRè¸Ô²ÔÚEGÚNÖÔ ì:çfè2Û_éZè0ÕyéBØfÙ!Û_ê×çwàzÚàÙ¸ÚÛâ
Õ¿àØwÛ<ØçwÛ,ÛéBÙÚ!ÚNéBè +féBè¸ÖÛ<ê3ZàèRFì!àÖ<çfÔzè¸Ö":êÖNØMÚNêâRíRè:ØBÙåÔðÛÚ2ì2àÛ<ìWçè!Û)BêÖØMÚêáàÙ2ÛçMÔìWçè!Û)BÖàÙ¸áUíRè¸ÔáàÙ2Û
çMÔªìBçfè2Û_ì:Ô¡ÚMØMÚ2î¿ÒCéBØMÖ_äà²Ó,éW×:Ôðæ1éRè¸×ðàè:çfá:âãE=è :ÖàØBîâï@ô¡ÿñùMþ÷ú_ûùMòñNõNúñúwâóòõñúüMþV2RýPÿ%MñúNâ/9PàzÖØwÛâ
²àçfçfØfÕªàzÖáWâNO 4:BâR×éBççwÝRäà 9!çfêØwàzáBÔâRì!Ý4=GÜÝ
Ñ;7 [yàzÖBÔ7 Bà×3¸Ûâã ©×éRçfçwàë¸é:ÖàzÚØ:Ôzç70ëWè:ØçMÚÅÛÔÙÚNÔÙ:×Ô 3ÚJÔ(è2Û1Ô0éæUã! Ôîâ ])ñNüóõñúÅþ÷
=,&@H:F6a,XLw6BA8R,HNA,HBA,?bKN6:Fª=G6B@?YA,6BAG8W6:Fª=G6rDPO6ZA?7HRD,FF¡YFLw6ZA,?@6BKH:8:6Z@yJ0KLMYMA&?IB@Yw6rD@CD
;B;6?9D@0C6¥=,HB@|9-Kw62a Lw6WFz?yKw68ZH:FbC<HBAGF(KN6 C<YNF8:9D@F(CD°F&HR·¸Ì!pX!HBÌ@
D,6A,9D-F
HRO9-AGF78ZYM?I2a
"dA HRD@HBYM?»?9@? C6 8Z@*9-YM@6
D,6 8W6:F;9&C<HBKMY?I:F C6½KMH CIBKNYMIB@HB?Yw9-A
=,HB@KN6B;6BA?HBYM@6>@6BKNÐRO6ZA,?(C<LfDAG6>=&HB@|?YN8RDKMHB@YM?I8rDK?D@6ZKMKw6C6:FF9&8BYwIZ?I:FÄÅHB@HB6:FÆ9D
ÄÅ;dD,FzDK; HBA6:F)ÆaD"dA§=6RD?(YwF9-Kw6B@C6WF6RA,?@6BKMH:8W6B;6BA?F6B?0C6WF6BA,8Z,HNAG6B;>6BA,?FdC6
=G6Z@?YMA,6BA8:6 C<HRAGFKN6:F¹CIZ,HB?F¹C<LMHRD?@6:F=&HB@|KN6B;6BA&?FRa>@6BAG9<AFÏDA6 FIZHBAG8:6C6
D-6WF?Yw9-AGF79-@HBKw6:F JyKML'%F¡F6B;>,KNI:6²A&HB?Yw9<A,HBKN6 (
=²êìWè¸ÚNê7Ûé:×ØwàçfØwÛÚNÔ1>Zã,äPÔðÛ&×éZÙ2ÛêíRè:Ô*Ù¸×ÔðÛáWÔ_çMåêÕyé:ÖÖàQðØfÔ7íRè:Ô :éRè2ÛæàØMÚNÔðÛÛ1èWëBØMÖUWçMåê×éBçfÔ
á:Ô*ì:èBØwÛ yÛ1ÔÖêðÛ1èWÕÅÔÙÚPÔÙá:ÔzèFUÕ éWÚÛ>Bê×Ô×ÔÚ<ÖÔÙ¸éZÙ¸×ÔÕyÔÙ¸ÚNÝBÓ&ÔÙ¸éZÙ¸×ÔÕ²ÔÙ¸Ú/WÎçwàçè¸ÚNÚNÔסéBÙ¸ÚNÖÔ
çMåê|×I¸Ô×Û×éZçwàØfÖÔâðÚNéZè¸Úá:åfàë¸é:Öá:â W&×ðàè2ÛÔáWÔE:é:ÚNÖÔÎÕªàÙíBè:ÔáWåàÕ²ë:ØMÚØféBÙ7ìéBèÖ!èWÙ¸ÔE:êÖ1ØMÚàë:çfÔêáRè¸×RàÚvØMéBÙ
ì¸Ö1ØMé:Ö1ØMÚàØMÖÔðÝ*CéÛ(×éZçfçRÔðÛãàÕ²ëWØMÚfØMéBÙ Öêè2ÛÛ]ØMÚNÔî0ÙÔÛéZÙ¸ÚyíZè¸åèWÙÙ¸éBèR:ÔzçÅÔææ]ÔÚyá:åfàÙ:ÙéBٸסÔâ7ÛàÙ2Û
Õyé 7ðÔ*Ù2ÛÖ1êÔzçwÛâ:Ûàè¸æ×ÔèFíRè:ÔE:éZè2Û<ìÖÔÙÔ àèRFÅàèÚwÖÔðÛ<êÚàë:çØwÛÛÔÕ²ÔÙÚÛâ:àèyÖNØwÛíRèÔá:ÔÎçÔðÛ<áWêðÛÚàë:ØçfØwÛÔÖÝ
^ñúôRö|ó (úóõ_ÿfñúY$ö÷üfúûóU0Bõþófýñ_ûñÿ ÷zùMþ÷ý<þóõó÷ 2GþóòñJ2GñN÷BýþýóÿföùMõñ*׸Ô×(áBÔçwàUçfèÚwÚÔ
×éZÙ¸ÚNÖÔ)çwà ðØMéZçÔÙ×ÔYW&çMåê×éZçÔ¡âBíRè:ØÙ:ÔסÔðÛÛÔáWåàèRÕÅÔÙÚNÔÖâàçMéWÖÛ&íRè:ÔS:é:ÚNÖÔ)Õ¿à +fé:Ö1ØMÚMê_ÔÙ£àBZàØMÚPæàØMÚè:ÙÔ
ì¸Ö1ØMé:Ö1ØMÚNêðÝRÓ,Ô*Õ7ØwÛÔÔÙy×ðàè2ÛÔ_áBÔçMåê×éBçfÔ)ÕªàzÚNÔÖ1Ù:ÔççMÔâðíZèBظÔðÛÚ2ì¸éBèÖÚàÙ¸ÚÖÔסéBÙ:ÙWè:ÔáàÙ2Û<çMÔ)ÕyéBÙá:ÔÔÙÚØMÔ|Ö
×éZÕÅÕyÔÔFRÔÕ²ì:çwàØMÖÔðÝ ²Öâ7áWÔìBè:ØwÛíBè!àÚNÖÔ3àÙ!Ûâçwà>Û×éRçwàzÖØwÛàzÚØMéBÙ á:ÔRÛ+ÔèWÙ:ÔðÛ$ÔÙ2æàÙÚ]Û$áZØfÕÅØfÙWè:Ôî|Ý
'!õþñú\ö&vùMþ÷úú]óõÿñú/$ö÷üfúPûóa0Rõþófýñû|ñ2ÿ÷zùMþ÷Býþó|õ<ó÷U2þó¡òñJ2GñN÷ý<þýPóÿfözùMõñ*zÝ
ä<Ô ØfÙWØwÛÚwÖ1Ô >ã¶è¸åÔÙ¹ÔðÛÚ9MØfç>á:Ô~çwà~á:ê*ì:ÔÙ2ÛÔÁì:è:ëWçfØíRèÔpÔÙÕªàzÚØÖÔ§áWåêáBè:×RàÚvØMéBÙ
O)Õ²ØfççfØwàzÖáÛ&á:åÔèÖéÛRäàì!àzÖÚ<áBÔçwàÎÖØf׸ÔRÛÛÔÙ!àÚØMéZÙ2àçMÔסéBÙ2Ûàz×Öê|Ô)ì2àzÖ-Ù¸é:ÚNÖÔ_ì2àQ7rÛEW&çMåê¡áRè:×ðàzÚMØMéZÙyÔðÛÚ
çwàÎì:çfè2Û&êçfÔBêÔ¶àèyÕyéBÙ¸áWÔ 2üvÿö32GöùMþ÷ú<úóõ<ÿfñMú $ö÷üfúûó)0rõþóvýñúþüfùMözÿùfú\ñ* /(ýý<ÿöóûzùfúNúñ2ñN÷fú<úóõûzùMòñNõNú
$ö÷üfúPûó"0rõ1þófýñ!ûñÿ÷ùMþ÷WýþóõPó¡÷U2þóòñJ2ñw÷ýþýóÿözùfõñ* :²éBè!Û)7×éBÙ!Ûàz×ÖéZÙ2Ûè:Ù²ÕyéBÙ¸ÚàÙ!ÚPÛ1è:ìêÖ1ØMÔèÖW
çwàªÚwéWÚàçfØMÚNê(áZèì¸Öé:áZèBØMÚáWÔçMåØfÕ²ì :ÚÛ1è¸Ö çMÔ(ÖÔ3:ÔÙBè!Ý
!üfÿfö&2öfùMþ÷úúóõ_ÿfñúY$ö÷üvú7û|ó_0Bõþófýñ)úþüfùMözÿùfúñ**
(ÔðÛáàÕ²ÔðÛ)ÔÚÕyÔðÛÛ1ØfÔè¸ÖÛÎçÔðÛ)áBêìWè¸ÚNêðÛâÙåÔðÛÚ9NØç<ì2àÛáZè(ë¸éZÙSÛÔÙ2ÛÎçMÔUì:çfè2ÛÎêçê*Õ Ô*Ù¸ÚàØMÖÔ²á:åfàáàì¸ÚNÔÖçMÔðÛ
Ôðææ1Ô×ÚØvæÛá:ÔRÛÔÙ2Û1ÔØRÙ2àÙ¸ÚÛ(àèFÔææNÔ×ÚØMæÛáWÔðÛêzç3:ÔðÛL5&Ôçwà$ÚNêzÕyéBØRÙ¸ÔáWÔ0çwàëéBÙ:ÙÔ BÔðÛÚØMéBÙEáWÔ
çMåfàÖðÔÙÚ²á:ÔðÛ >!ÖàÙðàØwÛS(éBÙ!Û1ØMÔzè¸Ö²çfÔáBêìWè¸ÚMê¡â×éBÙÚNÖàØMÖÔÕÅÔÙÚ W(×ÔíBè:Ô :éBè!Ûy×Öé7ðÔ àBBÔ|× :é¸Û
×éZçfç¡è:ÔðÛáBèªÕ G*ÕÅÔ7× :ÚMêUáBÔçMå:êÕ²Ø×I7*×*çÔâÚNéBèÚ!ÙåÔRÛÚ<ì2àÛ&è:Ù:ÔUíRè:ÔÛÚMØMéZÙ£áWÔÕyé 7ÔÙ!ÛæØfÙ!àÙ×ØfÔÖÛÝWä!ÔRÛ
ÖêðæéWÖÕ²ÔðÛè¸ÚØfçfÔðÛ WçMåê×éBçMÔ>íBè:Ô>ÙéBè2ÛàB:éBÙ!ÛçwàÙ×êÔðÛ&°×¡éBÕ²ÕÅÔ>çMåfàì:ì¸ÖÔÙÚMØwÛÛàBðÔáWÔ>çwàçfÔ×Úvè¸ÖÔ
2üvÿö32öMvùMþ÷ú_ú]ó¡õ_ÿñú $ö÷üvú¶ûó_0Bõþófýñ)ú]þüvùMözÿùfúMñâçfÔ0Ûé:×çMÔ(áBÔ(×éZÙ:Ù!àØwÛÛàÙ×ÔðÛâçfÔ(ÖÔÕ²ì:çwàסÔÕÅÔÙÚáWÔðÛ
ì¸Öé¸æ1ÔðÛÛÔzè¸ÖÛàë2ÛÔÙÚ]Û ,2ñúH2þóòñJ2ñw÷4fúâZçwàëWظàçMÔÙ:×ÔáBÔRÛ,Ô*Ù2Û1ÔØÙ2àÙÚ]ÛâZçwàÕyÔØfçfçfÔzè¸ÖÔÖêì!àÖÚØMÚfØMéZÙ£àè
ì¸Öé¸æ]ØMÚ!áBÔçMåÔÙ!ÛÔØRÙ:ÔÕyÔÙÚ:ìÖØMéWÖØMÚàØMÖÔ6ârÛéZÙ¸ÚèÚØçMÔðÛàèyÛ1è:×|×ðÛÛ×éBçMàØMÖÔ)áBÔÙé¸Û<ÔÙ!æàÙ¸ÚÛî|Ý
5LMYA,?6B@zO6RA&?Yw9<ACDÁCIR=-D?I6:Fz?¿=&@YMAG8ZYM=&HBKw6B;6RA,?(8:9<ACDY?63C<HBAFKw6«@|6RQ!YNF?@6
C6~KMH~=G6Z@?YfAG6BA8B6pF9,8ZYMHBKN6Bb08BLN6:F?J:zC<YM@6pC6µKMLfD?YMKYM?I~=9<D@3KMHpF9&8BYwIZ?Ia "AAG9<?6Z@HBb
8:6Z=G6RAC<HBA,?bKMLYMA&?6B@=9KHB?Yw9<A3C<LfDAG6=&,@H:F6@6BKN6ROPHBA&?¶C6KH¿=6B@?YMA6BA,8W6(FI:8rD@YM?HBY@6a5H
@IB=9<AGF6>CD ; YA,YwF*?@|6>6BA,8B&HwA6 FzD@0C<LMHRD?@6:F=6B@?YAG6ZA,8:6:FraK_@IB=&KMY
D,6 6ZA D?YMKYwFHBA&?
C6:FµHB@zQD;6BA&?F @6BKN6ROPHBA&?3C6®KMH§=6R@?YMAG6RA8:6ÁQP6:F?YN9<A,AHBY@*6&Ä¥DLN6RA 6:F?YK¥C6®KH
CIB=6BAF6=D,KY
D-6d6BA ;>HB?YwÐZ@*6dC<LwI:CD,8BHB?YN9A ,Æ6B?yC6KHS=6B@?YMA6RAG8W6@I:9<@;>HB?@YN8:6&
ÄÅKN6:Fµ@I:9-@;6WFD?YMKN6:FµJ§KMLNI:8W9Kw6
D,6®AG9<D,FµHRO9AF KH:AG8WI:6WFÆa!K$D?YMKMYNF6®HBD,FF¡YSKNH
=G6Z@?YMA,6BA8:6CIB; 9&8B@HB?Y
D-6
DHBACpYK IZO9
D,6KNH3G9-A,A,6«QP6:F?YN9A©C6«ÄÅKLMHB@zQP6BA?SC6WF
",@HBA$#ZHBYwF)Æa(Ê6rDP ¹=,6B@?YMA,6ZAG8W6:F=6RD<O6BA?HBYMAGF*Y¥Z?@|6®HR@|?YN8RDKwIW6:F~C<HBAGF´DA6p;B;6
=,&@H:F6a 6WF=,6B@?YA,6BAG8W6:FF¡9<A,?0C6:Fz?YAGI:6WFJ3C6:F¥HRD-C<YN6:A8:6WF,YN6BAp=,KvD-F
DLN6BKMKN6:FdAG6
8:9-AGF?Y?D-6RA&?(DAG6@IR=,KY
D-6HBD¦CIZ=D?IBb²;B;6EF*YÅKN6; YA,YwF*?@*6FLH:C<@6:FF6JKMDYa "dA
AG9-?6Z@HBb06BA 9<D?@*6Zb
D,6~Kw6WF=G6B@?YAG6BA8:6WF3A6pF9<A,?>=,H:FCIRO6ZKw9-=,=GIW6:FC6~;>HBA,YwÐZ@6
HB@zQD;6BA&?HB?YfO62a "dAA,68BG6R@8Z,60=&H:FyJC<YM@6$=,9<D@
D,9Y6B?²C<HBAGF
D,6BKKw6$;6:FzD@6S6ZKMKN6:F
C9YvO6BA&? B?@6 8B9-AGFYNCIB@I:6WF¢ KN6:FÇ@|HBYNF9AF C6Kw6rD@
DHWKMYNYN8BHB?YN9A AG6¬F9<A,?=,H:F
6R <=,KMYN8BY?I:6:F*b£6ZKMKw6WF@6BKNÐRO6ZA,? C6´KMLMHB@@YwÐZ@6:=,KHBA C<LYMA&?6BKMKYfQ!YM&YMKYM?IaU576:F@IWIB@6RA8:6:F«HRDP
=G6Z@?YMA,6BA8:6WFSF9-A,?(F6RDKw6Z;6RA&?¿KYwI:6WF$JC6WFSIZAG9<A8BYMHB?YN9A,FC6HBY?Fb7F6FzD,8:8WI:C<HBA&?£C6
H#W9A&b6RA
D,6BK
D,6F9@?6Bb MH:8RDKMHB?9-YM@6a
8:6
D-6®KN6:F~6B?,A,9-; IB?,9&C9KN9<QD-6WF A,9-;;6BA?DAG6ÃÄ7=,HBY@*6Á576RG6ZAGFS6ZKM?,Æ ayA6
=,HBY@6(576B6BAFS6BK?Å6WF?DAG6$=,HBY@6SC9-A,?UKw6$=,@6B;>Yw6R@IBKwIZ;6ZA?Å6WF?DAG6$YMAF?@zD-8Z?Yw9-A,bKw6
C6RD< PYNÐB;6BbKMLH:8B?YN9A§C6FzDYfOP@68W6B??6>YMAGF*?@D,8R?Yw9-AaÊ LvDA~=G9-YMA?(C6dO!D,6>=,@HB?Y
D-6ZbKw6
=,@6Z; YN6R@£IZKwIB;6BA?yC6KH=,HBYM@66WF?y8:9<A&ADE;>HBYwFA&Lw6WF?7=H:FAI:8:6WFFYHB@*6Z;6ZA,?y6R !=&KMYw8ZYM?I
HRD;9-;6RA&?7CP6KMLMH:8Z?Yw9-A38B9AGF*YwF?HBA&?J¿KN60FzDYfOP@62a!576:F²=@9=G9&F²CD;>YMA&YwF?@6(IBA,9-AG8B6ZA?
HRD?HBA,? C<LMH:8Z?Yw9AF°F|DYvOPHBA,?Kw6WF~=,@YMA8BY=G6:Fp8ZHB@H:8B?IB@YwF?Y
D,6:FpC<LvDA6=G6Z@?YAG6BA,8W6a5H
=G6Z@?YMA,6BA8:6®@I:9-@|;>HB?@|YN8:6®O9YM?HBYAGFY 8ZYM?6Z@ (IJKw6©F¡9,8BKM6ÏC6©8:9<A&A,HBYwF¡FHBAG8W6:FÆZbÄÅKN6
@6B;>=,KH:8:6R;6BA?(C6:F$=,@9,z6:FF¡6RD@*F$HBF6BA&?FÆBb_IJKMH>,YfO<HBKw6WAG8W6C6:F6BAF6BYvQ2A&HBA,?F)ÆBb_ÄÅKH
;6BYMKKw6rD@6®@IB=,HB@?Y?Yw9A¾HRD =&@*9&Y?EC6®KMLN6BAGF¡6BYfQ!A6B;6BA?=,@YN9@YM?HBY@*6UÆa"dA A6®=G6RD?
8:9-AGFYNCIB@6B@
D,6 8W6:FY?6B;F©FYvQ2A&YwYw6BA&?
D,6BK
D,6 8ZG9&F6 C6Ç=,@|IW8BYNF
D,6 F*Y3KMLN9A
8:9-AGFYNCÐB@6
DLYMKNF06R <YwF?6ZA,?y6BA HB=&=,KYw8BHB?YN9A°C<LvDA~6BAGF¡6B;&Kw68W9GIZ@|6ZA? C<LYMAF?@zD-8Z?Yw9AF
@I:z9@;>HB?@Yw8W6:FRa 6Z=G6RAGC<HBA&?b¿8:6µ8:9@z=D,F=&@|9<Q!@HB;>; HB?Y
D-6~6:F*?; HBYA,?6ZAD¦9<@F3CD
CIB&HB?a
5H Kw6#W9A C6 8:6:F
D,6:K
D-6WF¼6R 6Z; =&Kw6WF¼8:9;>;6RA,?I:F¼6WF?
D,6 KN6:F
=,HB@KN6B;6BA?HBYM@6WF A&LMHB@zQD;6BA?6RA&?=,H:F~6B?
D-6®Kw6rD@Fµ=,@9=G9&FAG6ÃOPYwF¡6BA,?J§HRD,8RDAG6
6:zYN8BH:8BY?I8:9;>;dDA&Yw8BHB?YN9<A,A6BKMKN6$HRDEF6BAF¿C<LËHBG6Z@;>H:FRaKwFªA,LN9A?7=&H:F¿C<HRO<HBA,?HRQP6C6
Ä
DHBKwY?I7ÆYA,?6B@8W9<; ;dDA&Yw8ZHB?Yw9<A,A6BKKw6BbHRDF6BAFÅ9DX?6BYMA6B@ª[]\^B`Na!KLw6ZA,?6RAGC6ZA? za KAG6
FLHRQ2Y?YN8WYMb,6BAHRD,8RDAG6;>HBA,YNÐB@6Bb,C6(F¡6;6Z??@6(C<LMH:8W8B9@C>FD@7KH¿;6BYKNKw6RD@6(F9KvD?YN9A39D
KMHF9-KfD?Yw9A§9-=,?Y; HBKN68:9<;>;DAGIR;6RA,?H:8:8W6R=,?HB,KN6aÊD~@*6WF?6BbKN6:F$=@9<=G9&F0A,6F¡9A?
=,H:F²C6WF?YMAI:FUHRDP HZD?@6:FU=&@*9-?HRQP9<A,YwF*?6:FU=,@I:F¡6BA?Fb;R; 6(FLYMKwFªFLMH:C<@6:F¡F6BA&?J(6RD< ,a KF
F9-A,?C6:F?YfAI:FUJ£C6WFUHRD-C<YN6BAG8W6:FUHBGF¡6BA,?6WF ¤KN6:F²IBKN6:8B?6rD@FbKN6:F²8BY?9<·!6BAGF*bKw6:FU;>YMKYM?HBA,?F
¤
DY,F¡6y@6:8W9AA&HBYwFF6ZA,?C<HBAFKN6:F=6B@z?YMAG6ZAG8B6WF;>YwF6WF76BA>¨ªDPOP@62a Lw6WF?=9<D@¶8W6BKMH
D,6
KMH9@;6 C6WFp=&@*9<=9,F®C6:Fp=&HB@Kw6R;6BA?HBYM@6WFpA,LN6:F?µA,YHB@zQD;6BA&?HB?YfO6ÏA,Y>;B;6
@GIZ?9-@|Y
D,6¢3YKwFÏAG6ÇOPYNF6BA&?p=,H:FÏJ 8B9A-OPHBYMA8B@6ad@6RAGC<@6»KMH¹=&HB@*9-Kw6¾C<HBAGF¦DA6
H:FF6Z; &KwIW60=&HB@Kw6B;>6BA,?HBY@608:9<AFYwF*?60J$H:8:8W9<; =&KMYM@ DA=,HR@*8W9<D@F
DYb?9<D?Å6RA FzDYfOPHBA&?
KMLN9@C9AA&HBAG8W6R;6RA&?¶C6WF7?9<D@F²C6=,HB@9KN6:Fb,HBYM?IB?HB?C6:F;6BA?YN9AF7AIB8:6WFFHBYM@6WF7=9<D@
9&?6ZA,Y@9D«8W9<AGF6Z@zO6B@²KMLMHB??6ZA,?YN9<AE6B?KLMH:FF¡6BA,?Y;6ZA?7C6(=6B@F9<A,A6:F²HBF6BA?6WFb,;>HBYwF
AGIZHBA,; 9-YMAFS6ZAp=,9,FY?Yw9-A§C6=-D&KMYw8Zb76BA§F6>@IWIB@HBA?HRDP °8ZHB@|H:8Z?IB@YwF*?Y
D-6WF0;9@HBKN6:F
DLN9AKw6rD@y=&@B?6aKA&Lf·HSC9-AG8$=,H:FC<LMHB@zQD;6BA&?HB?Yw9-A3@HB?Yw9-A,AG6ZKMKN6Bb=DYwF
DLMYKFLHBQ!YM?
DA,Y
D,6B;6BA,?©C6¾;>HBA,YN6WF?6R@©DAG69<@;6C6 8W9<AG8B9-@*C<HBA8:6¾HRO6:8¾KN6:FHB??6RA,?6WF
8:9-AO6ZA?Yw9-AAG6BKKw6WFpC6:FpC<YwzIZ@*6ZA,?6WFp8:9KKw6W8B?Yw9-AGFpC<LYMAGC<YvOPYwCDGF
DY8:9AF?YM?D,6BA&?Kw6:F
C<YwzIZ@*6ZA,?6WFHRD-C<YN6BAG8W6:F@I:6ZKMKN6:F(6B?UOPY@?D-6ZKMKw6WF0CD CIB,HB?a&¶9D@
D-9-Y8:6Z? 6Wz9@? 5Å9<D?
FY; =&Kw6B;6BA?=&HB@8:6
D,6pKNHp=,KvD=&HB@|?3C6WF;6B;>,@6:F C6®8:6WFHRD-C-Yw6ZAG8:6WF F9-A,?3C6:F
IBKN6:8Z?6RD@*F(6Z?
D,6Kw6dCIR=D?I8B@HBYMA?²KN6RD@£FHBA8B?YN9<A @|IZ?@|9F=6:8B?YvO6AIRQ!HB?YfO6 *1b8ZLw6:F*?J:
C<YM@6ª=G6R@C<@6²Kw6WF7IZKw6:8Z?Yw9<AFRa
6B??66R !?@HRO6B@FYN9A CD C<YwF8W9<D@*F¹CD CIZ=D?I¾A,LN6:F?®=,H:FYM@@HB?Yw9-A,A6BKMKN6Bb
=DYwF
D-6ZbC<HBAFKMHª=,KfD=,HB@?C6WF78ZH:FbPKHyKw9Q!Y
D,6¿CDO9-?6Bb
DY6WF?F9-A H:zHBY@*6ª=,@9=&@|66B?
Kw6ª?@HROPHBYMK<=,HB@?YN8RDKwYN6B@7CDHB@Kw6Z;6ZA,?bP6WF?C<YNF?YMA8B?6¿C6²?9D?6ªHB@QD;6ZA,?HB?YN9<A6R?@6ZKwÐRO6
C6(KLwIZ?HB?7C6:F²;>Hw9-@|Y?I:Fy6Z?7C6:Fy8W9HBKNYM?YN9AFy6BA=,@I:F6ZAG8B62a5 6WF²HRD?6rD@F
DYH:8W8:9@C6ZA,?
DAG6?@9<=ÁQ2@HBAC6YM;>=G9<@?HBA,8W6JKMH=&HB@?(@*9-; HBA&?Y
D-6CDÃ?@HROPHBYNKU=,HB@Kw6Z;6ZA,?HBYM@6¤
C<YwF¡8:9<D@YM@ FzD@ C6}Q2@HBAC6:F¹YNCI:6WF 9<D FzD@¹Kw6,YN6RA C6:F»8BY?9<·¸6BAF¤ =G6Z@CP6ZA,?
QPIBAIB@HBKw6Z;6ZA?£C6dO!D,6
D-68W6BKfD,YN8ZY76:F?;9-YMAFS9-@Yw6BA?I¥O6Z@*F$KN6CIB,HB?
D-6dO6Z@F0KN6
Ñ CéZØMÖ D Ö1Øf× äØRØfÙ:ÛÚNéBÙâXñ X÷þV2ñX¡þû|þÿþ0ùMüMözÿ,þó÷û|öùMþ÷þô ,öXñJ2Gö3fùMüfúNâä<éBÙá:ÖÔðÛâ
Ó,éZè¸ÚçMÔáBÔÔÚ _Ô:àÙ9àè:çMâRNO PBÝ
Þ CéZØMÖ rÝ RÚNÔØfÙÔÖâÝRß×I¸ÚØðÔÖâ 0Ý ¡ì! WÖÙáBçfظԡÚ<0ÝRÓGÝ RÚNÔÔÙ:ëÔÖ%BÔzÙ¸â"#)ñÿù%$ñwõ1öMùMòña'!þÿùùMüfú!ùf÷
(0üvùMþ÷ÝÝÝâ:þý *ðüù%*â¡ì2Ý 4ÔÚPÛ]è:ظàÙÚNÔðÛÝ
ÞÑ CéZØMÖ/(é:ÖÖNØwÛ)9Ý>¸ØMé:Ö1ØfÙ2àzâBïGñJMõNþúýñNüJfùMòñ ²þ ùM÷J0ùM÷ (A2ñNõNùMüMö÷ ?£ö3fùfþ÷özÿ ÿfñwüJfùMþ÷úNâF:²Ô` [yàV:ÔÙ:â
I:8W9<D@?I=G9D@>O9-?6R@36B?
D,6 KN6:F3IW8B&HBAQP6:F«;Z;6~C<LMHB@zQD;6BA&?FA6°F9-A?
D-6µKMH
=,@IZ=,HR@|HB?YN9ApCDO9?62a 6R??6>FzD=&@|IZ; HB?YN6 CDO9-?6 C<HBA,FKMLMH:8Z?YfOYM?Id=,HB@Kw6Z;6ZA,?HBY@*6¥¤
DLYwKFLHBQ!YwFRF6CD O9?6Ï=G9<D@pKMLNIBKN6:8B?YN9A C6:FÁ@|6B=&@|IWF6RA,?HBA?F®9<D C6:FÃO9?6WF§C6:F
@6B=&@|I:F¡6BA,?HRA,?Fd¤©=Ð:F6 C<LvDAÏ=G9YA,?=,HB@z?Yw8rDKYw6B@by=-DYF
DLMYK¿A6 FLHRQPYM?=,H:FC<LÄÅHRO9YM@
@HBYwF9-ASÆ~;>HBYwFC<LÄÅHRO9-YM@3KN6~=,9<D<O9Y@ÆBb08BLN6:F?J:zC<YM@6pC<6~@*6Z=@I:F6ZA?6B@=,KvD-F
D-6~KNH
;>Hw9@Y?IaPÊ608B6=,9YA,?7C6OD-6Zb,Kw6WF²=,@IWF6BA?HB?YN9AGFª9<@;>HBKMYNFI:6WFN;>HB?GIB;>HB?YwF¡I:6:FAyC6
KMH$OPYN6=G9-KMY?Y
D,6Bb?9D?6WF(8:6BA?@IW6:F(FzD@¿KN6$O9-?6ZbAG6$@6RAGC<6BA&?7=,H:F(F¡6RDKw6B;6BA&?y8B9;=&?6
C6(KLMH:8Z?YfOYM?I(HBA&HBKf·?Y
D,60C6:Fª8BG6Z@8BG6rD@F²;>HBYwF HRDGFFYCDE8:¨ªD@yC6(KMLH:8B?YOPY?I(=,@HB?Y
D,6
C6:FUH:8Z?6RD@*F
D,Y,8:9-AGFYNF?6J£F¡6(8:9;>=,?6R@Ra K<·0HªDAG6HBA,HBK·?Y
D-6;>HB?GIZ; HB?Y
D,6(C6KMH
=G9-KMY?Y
D-6$=,HB@8W6
DLMYNK&·¥HDA6$@*ÐrQ!Kw6$; HN9@YM?HBY@6, a<5Lw9@YN6RA,?HB?Yw9<AO6Z@FyKN6S8W9;=&?HRQP6
;>Hw9@Y?HBYM@66:F?bCD @6:Fz?6Bb$DAG6®9@Yw6RA&?HB?Yw9<A¾=@HRQ2;>HB?Y
D-6
DY¥F¡6§;9A&?@6§C<HBAGF
KMLH:C<@6:FF6¾Fz·!F?IB;>HB?Y
D,6Bb CY@*6W8B?6¾9<DºYAGC<Y@*6W8B?6ZbEJ¾C6:FÏHRD-C-Yw6ZAG8:6WFO<HB@|YNI:6WF
D,6
KMLN9@HB?6RD@(?6RA,?6¥?9<Dw9<D@F0C6>8RD;DKw6Z@Ra Lw6WF?yJ 8W6BKH
DG6d@6BA-O9YN6KH;DKM?Y=,KYw8BHB?YN9A
MH:8rD,KMHB?9-YM@6 C6:F =G6B@?YA,6BAG8W6:Fb C<HBAF C6WF =@9<=G9&Fb =&HB@ HBYMKKw6ZD@*F ,@6WFb C6:F
=,HB@KN6B;6BA?HBYM@6WF
D-6ªA,9<D,FHRO9-AGFU8BYM?I2a
Ék hu!^WnðeNm^B\Nek n<^Wh`N[xª[nr\^Re1h[[\`ÉeMxh k gð^WgðeN`few\ B[m_hieNmek nBm
576(=&HB@|KN6B;6BA?A&Lw6:F*?7C9<AG8(=&H:FbHRDEF6BAFy9 E9<AO6rD?UKMLN6RA,?6RAGC<@6ZbDAEKYw6rDEC6
CIBKYMIB@HB?Yw9-A,b<;R;6(FLMYK,FLMHRQ!Y?&Yw6BA3C<LvDA,6YAGF?HBA,8W6(CIBKYfGIB@HB?YvO6 NHRDF6ZAGFb<,YN6BAF@b
9 Kw6WFUO9-Yf Kw60F¡9A,?;Ra@6RAG9<AFUDA«Q!@|HBACCIB&HB?79<AGCI(F|D@UDA3=,@YAG8BY=G6,HRD?6B;6RA,?
6:F*?YM;>HB,Kw6&KMLHBG9KYM?YN9AEC6$KH0=G6ZYMA,6C6(;9<@?a 6B??6$HB,9KYM?Yw9-AHS6RD3KYw6rDE6BA ",@HBAG8B6Zb
6BA a#yKMKN6A,LN6:F?b8W6R=G6ZAGC<HRA,?b=,H:FYNFFzD,6C<LfDAG6CIZKMYGIB@HB?YN9<A¢6BKKw6D?²H:8Z?I:6$=,HB@
DAG6;>Hw9@Y?I=,HB@Kw6Z;6ZA?HBYM@6¹8:9-A?@*6ÏDAG6;>Hw9-@YM?IC<Lw9=&YMA&Yw9A&b=,HB@8:6
D-6KN6:F
8:9-AGC<Y?Yw9<AGFª=,@9,8WI:CD@|HBKN6:FCDE8B9Yf >¤´6Z?7KN60;9;6RA,?²CP68W6BKfDYwz8BY&¤E=&@9?IRQP6ZHBYw6BA&?7KH
;>Hw9@Y?I=,HB@Kw6Z;6ZA?HBYM@6>C6KMLN9=,YA,YN9<AaX!Y_KMLN9<AÃ8B9-AGFYNCÐR@*6>C9<AG8dKw6dC<YwF=9,FY?YwC6 8W6
8B9Yv PbyC<HBAGFd?9<D?6EF¡9<A³IZ?6RAGCD,6Bb²Kw6WF=&HB@Kw6B;6BA&?FA&LMHR=,=&HB@|HBYNFF6ZA,?
D,6E8W9;>;6KH
=,HB@? C<LvDAÏ; I:8ZHBA,YwF*;6~8B9;=&Kw6r 6 9 b(8:6R@?6:FbKw6WFYNCIB6:F N9<D,6BA&?DAÏ@)KN6¤ 8ZLw6:F*?b
F9-; ;6(?9<D?6Bb&=G9<D@¿C<6:FªYwCIW6:FbC6:F =,@YMA8BYM=6:Fy6Z?7C6:Fª=@I:IZ@6RAG8:6WF
D,60KLw9-AO9-?6¤
;>HBYwF39 6BKMKN6:F«Kw6 w9<D,6BA&? C<HROPHBA&?HRQ6µJ KLMYMA?IZ@Yw6RD@3C68:6WF@I:F6ZHRDP ©8:9<;>=,KN6R 6WF6B?
·,@YwC6WFb_?@HBYM?IWF(=&HB@5¶HB?9<D@ b
DLMJKLwYA,?IZ@|YN6RD@0C<LfDAG6>CIBKYMGIZ@HB?Yw9AµÄÅ@HR?Yw9-AAG6BKKw6UÆ
8:6«?6R@;66:Fz?(HB; &YfQDBb7A9<D,FHBKMKN9AF$·3O6ZA,Y@RaX!YUKMLN9A¦8W9<AGFYNCÐB@6BbU?9<D?6W9-YwFb²8:6:F
@I:F6ZHRDP CD =G9YA,?¿C6¥O!D,6 6Z?&A,9; IZ?,9,C9-KM9<Q!Y
D-6Zb¶9-A°@6ZKwÐRO6B@H
D-6dKw6WF
D,6:F?YN9AGF
CIB&HB??D-6WF§C<HBAFpKMLN6BA8B6BYMA&?6=,HB@KN6B;6RA,?HBYM@6F6FYM?D,6BA?b6BA HBY?bC<HBAF~DA OPH:F*?6
ÄÅ@IWF6BHRD C<YHBKw9QPY
D,67Æ b08BLN6:F?J:C<YM@6 6R?>=,9<D@3KN6pC<YM@6µOPYM?6EC<HBAF«DA¹@I:F¡6BHRD C6
@6B=&@|YNF6:F(8W9<AGz9<@|;6:F9<D 8:9<A&?@|H:F*?YfO6WF(C<LwIBA,9-AG8ZYMHB?Yw9-AGF(FD@yDA°FzDw6Z? C<LH:8B?DHBKNYM?IBb
DY
8:9D@?®Kw6:F³;IWC<YMH:F6B?§KN6:FÏ=@9<=G9,F³@|HB=&=,9@?I:FÏ=,HB@Kw6WF©;I:C<YH:FbKw6:FÏKMYvOP@6:FbKN6:F
6BAF6BYvQ!AG6B;6RA,?Fª6B?Kw6WFyC<YwF¡8:9<D@F²;B;6:FyC6$8BH:I$CD«8W9<; ;6B@8:62a Lw6WF?78B6B??608W9<D@*F¡6
C<LwIZAG9<A8BYMHB?YN9AF
DYHBG9D?Y?²HRDE=,HB@KN6B;6BA?b9EKw6WF(CIB=<D?I:FA&Lw6BA~CPIZKMYMÐB@6BA?²=&H:FbJ
ÞÞCéZØMÖ/ðÔðàÙ 9>!ÖàÙ éZØwÛäàÛ1çØMÔÖâ)])ñ ÅþVMññ%&ÿföyõ0ðÿfñE2ö-BþõùMöùMõñ* (÷¡öÿ
-
úñE2öMJX@J2Göùóñ)û|ñÎÿö
ýþÿùù¡óñâ!9àzÖØwÛâ<5 :²ÓF9
D
áZØMÚMØMéZÙ2Ûâ< ::Ý<5Ô×Ø!ÙåØfÕ²ìWçfØíZè:ÔÅÚNéRèÚwÔæ1éBØMÛì!àÛíZè:Ô7×ÔÚNÚÔ àÙ!àç7ðÚØfíRè¸Ôâá¸àÙ!Û
ÛéBÙá:êìWçMéBØMÔÕ²ÔÙ¸ÚNâ:ÖÔÙá:ÔÙÚàzá:êíRè!àÚNÔÕ²ÔÙ¸Ú<×éZÕÅìÚNÔá:Ô)çMåêì!àØwÛÛÔèÖ<ìêÙ¸éZÕ *Ù¸éBçMé ðØMíRèÔáBÔ_çMåà×ÚØBØMÚê
ÔççMÔ19NÕTGÕyÔðÝ
Þ,<ß,Ö1è:Ùé²äàzÚNéRè¸ÖâBïGñNözúNú]ñJ2S$ÿùM÷%0 XñaKþüùMöÿJ*(0÷6E÷MõNþû|ó¡üùMþ÷UþR(üJMþõ;/?(ñþõ /HXñNþõ
-
âBä<éBÙá:ÖÔðÛâ
F:æéWÖáT6)Ù:Ø:ÔÖÛNØMÚJ719<ÖÔðÛÛâ BÝ
Þ,; CéBØMÖa¡ØMÖØ :ÅÔI ¸àìWØç<ÔÚ¸àÙ£ä<Ôzè¸á¸àzÖâWãUÙ(áBØwàçMé RØ×ðàç!Ù¸Ô¡Ú`_é:Ö¸Û> _ÖRè:ÕyÔÙÚ]Û)àëéBèÚÚÔ
Õ²ØrÖàzÚØMéBÙ0çwàB` ØfÙ 5 Ô×ÕªàÛÛ¶ÕÅÔáRØwà ØfÙ NIO OFG_îâ<á¸àÙ!ÛYBÝ"[ÅÔRÛÚMÔÖÔÚ Ý)[ÅéRè!Û1çÔI7ðâPáZØMÖÛâ"]ö÷0Bóö80rñ
E÷Mñõöüfùfþ÷ö÷û ?£ö&vùMþ÷özÿEûñN÷fù
-
ÝçMáWÔÖÛé:ÚNâ Û:àÚNÔâR yàØfÙ2Û1Ø!íRèÔ/ØfÖØ :²Ô3 ¸àì:Øç2Ô¡Ú \¸àÙ¿äPÔ*è:á¸àzÖâ
ãGäà è:ÔÖÖÔסéBÙ¸ÚNÖÔ_çvà)ÚNÔÖÖÔzè¸Ö/>Rè:Ù:Ô7Û1ÔÕ¿àØfÙ:Ôá¸àÙ2Ûçwà BØfÔá:åèWÙ¿ÖêðÛÔðàèyáBØwàçMé RØíRèÔîâ:áàÙ2ÛßÝ =Uè:ìÖÔÚ
ÔÚUBÝ9;: >ÔÖÖNØMêâ_áBØMÖÛâ6, @wûzùMözú 0BóñNõNõñyñ%ùMûñN÷fù@úV*E]ñMú&ýPõöùóñú¿üþ2 2Gó÷*ùMüMöùMþ÷÷ñÿÿñú¿ûñ²ÿ öýýöõñN÷ö÷üMñ