• Aucun résultat trouvé

!!"#$#%&'%()*+&,-!!"#$%&'$%&"()*'!!"!"#"#!!"#$%&'()*+,*--)"$+)*$-&'(*./-&',0&')"$1(,0&'-)")""

N/A
N/A
Protected

Academic year: 2022

Partager "!!"#$#%&'%()*+&,-!!"#$%&'$%&"()*'!!"!"#"#!!"#$%&'()*+,*--)"$+)*$-&'(*./-&',0&')"$1(,0&'-)")"""

Copied!
24
0
0

Texte intégral

(1)

!"#$"%&'#())*+,-.*/,.0$)%,(#$)1)

2223#%4%*+,5-367.8.2223*+,5-#%6)5,%367.9.:;:<=>. =.

!!"#$#%&'%()*+&,-!!"#$%&'$%&"()*'!!"

!"#"#!!"#$%&'()*+,*--)"$+)*$-&'(*./-&',0&')"$1(,0&'-)")""

?*,(.@)5,-.5"A.B($C.'7$#$DD.

. . . . . . .

$%&'()*'"

E17,%"A.A(4.?54-(44.(".F##%)),$4-54.GH23.*5"C)$+"(#%-.?"(#D7(G%)$4-54.G,%$).A$4C5)$%,).2$,AI.$4)./G%,.A$%.

0%4%&.5"A.@67,%$G*17$JC%$)%"I./G%,.A(4.#%4%&.5"A.467,%$GG%H+J%"%.E$44%".K+".467,$*)4672(67%".L,2(674%&

"%".2%"$J.G%C("")3.?".A$%4%,.@)%##%.4%)H).A(4.',+M%C).N0$)%,(#$)1).$".?##)(J.5"A.O%,5*P.("Q.?"7("A.K+".K$%,.

L,2(674%"%"I.A$%.%$"%".0%4%&.5"A.@67,%$GC5,4.G%4567)%"I.2%,A%".A$%.#%4%&.5"A.467,%$GG%H+J%"%".E$4&

4%"4G%4)1"A%.K+".467,$*)4672(67%".L,2(674%"%".%R%-D#(,$467.(5*J%H%$J)3.S$%4%.E$44%"4G%4)1"A%.25,&

A%".-$)7$#*%.K+".T$J"%))%".$-.U(7-%".%$"%4.)%$#4),5C)5,$%,)%".F")%,K$%24.%,*(44)3.S$%.L,J%G"$44%.2%,A%".

-%)7+A$467I.$"4G%4+"A%,%.(G%,.$-.V$"G#$6C.(5*.A$A(C)$467%.F-D#$C()$+"%".A$4C5)$%,)3.

. .

+*,-.&&/-01('/("

E$44%"I.@67,%$G4),()%J$%"I.0%4%4),()%J$%"I.B%)(C+J"$)$+"I.L,2(674%"%I.F##%)),$4-54.

. . . . . . . . . . . .

!!"#$%&'!()*+&*,!&$!-.$/0(12/!&3!4%*35*#/!6!1*!4#3!7&!18*%$#(1&!

! . . . . .

$2'3(455/5"

?*,(.@)5,-I.'1A(J+J$467%.V+674675#%.WVXEI.Y%"),5-.0%4%"I.Z(4%,"%"4),(44%.:<I.

[V&\<<<.?(,(5I.(*,(34)5,-]*7"2367.

B($C.'7$#$DDI.'1A(J+J$467%.V+674675#%.WVXEI.Y%"),5-.0%4%"I.Z(4%,"%"4),(44%.:<I.

[V&\<<<.?(,(5I.-($C3D7$#$DD]*7"2367.

(2)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. :.

!!"#$#%&'%()*+&,-!!"#$%&'$%&"()*'!!"

!"#"#!!"#$%&'()*+,*--)"$+)*$-&'(*./-&',0&')"$1(,0&'-)")""

?*,(.@)5,-.5"A.B($C.'7$#$DD.

.

675-/7'258"

T$%#.25,A%.G$47%,./G%,.A(4.?54-(44.(".F##%)),$4-54.GH23.*5"C)$+"(#%-.?"(#D7(G%)$4-54.9.#%)H)%,%,.O%J,$**.

$4).$".S%5)467#("A./G#$67%,.9.J%467,$%G%".5"A.A$4C5)$%,)I.K$%#./G%,.-^J#$67%._,4(67%".5"A.G$+J,(*$467%.

B54)%,3.E%$)(54.2%"$J%,.2$44%".2$,.A(J%J%".A(,/G%,I.2(4.L,2(674%"%.-$).0%4%&.5"A.@67,%$G4672$%,$JC%$&

)%".(".0%4%&.5"A.@67,%$G*17$JC%$)%".-$)G,$"J%"I.(".E$44%"./G%,.0%4%".5"A.@67,%$G%"I./G%,.$7,%.#$)%,(#%".

L$"4)%##5"J%"I.(567.$".O%H5J.(5*.#$)%,(#%4.0%,"%"3.S(G%$.4)%##).J%,(A%.A$%4.%$"%.2$67)$J%.T+,(544%)H5"J.A(,I.

5-.J%H$%#)%,.0%4%&.5"A.@67,%$G*^,A%,-(44"(7-%".%")2$6C%#".4+2$%.$-.V$"G#$6C.(5*.A%"._")%,,$67).D#("%".

5"A.A5,67*/7,%".H5.C^""%".9.W^,A%,-(44"(7-%"I.A$%.(567.%$"%.E$,C5"J.H%$J%".`V())$%I.:<==I.@3.>ab3.S(4.

J$#)."$67).H5#%)H).(567.*/,.#$)%,(#%.Z5,4%I.A$%.4$67.(".467,$*)4672(67%.L,2(674%"%.,$67)%"3.

E$,.A$4C5)$%,%".H5"1674).$".?G467"$)).=.F##%)),$4-54.$-.V$"G#$6C.(5*.4%$"%.J%4%##467(*)#$67%.U%#%K("H.5"A.(,&

J5-%")$%,%".A+,).(567.*/,.%$".T%,4)1"A"$4.K+".F##%)),$4-54I.A(4.A$%4%".2$67)$J%".?4D%C).G%$"7(#)%)3.F".?G&

467"$)).:.#%J%".2$,.C5,H.A(,I.2(4.4672(67%.0%4%,;&$""%".5"A.4672(67%.@67,%$G%,;&$""%".(54H%$67"%)3.S$%4.

$4).*/,.Z$"A%,.5"A.c5J%"A#$67%.J5).%,*+,467)I."$67).(G%,.$-.V$"G#$6C.(5*.467,$*)4672(67%.L,2(674%"%3.F".?G&

467"$)).>.%,#15)%,".2$,I.2$%.2$,.$-.',+M%C).N0$)%,(#$)1).$".?##)(J.5"A.O%,5*P.0%4%&.5"A.@67,%$G2$44%".G%$.A$%&

4%,.Y$%#J,5DD%.%,*(44).7(G%"3.F".?G467"$)).d.5"A.\.D,14%")$%,%".2$,.J%4+"A%,).*/,.A$%.G%$A%".O%,%$67%.

0%4%".5"A.@67,%$G%".%,4)%.L,J%G"$44%.5"A.A$4C5)$%,%".A$%.L,J%G"$44%.$".?G467"$)).e.(567.(54.-%)7+A$467%,.

'%,4D%C)$K%3.?G467#$%44%"A.2$,A.A+,).(567.J%*,(J)I.2%#67%.A$A(C)$467%".W+#J%,5"J%".(54.A$%4%".%,4)%".L,&

J%G"$44%".H5.H$%7%".4$"AI.J%,(A%.$-.V$"G#$6C.(5*.A$%.W,(J%."(67.%$"%-.2$,C4(-%".0%4%&.5"A.@67,%$G5")%,&

,$67).*/,.%,2(674%"%.0%,"%,F""%"3.

9:"4--/''(7&;2&"25<"8/&/--&*,)='-7*,/">/-/?)5@"

F##%)),$4-54.GH23.*5"C)$+"(#%,.?"(#D7(G%)$4-54.-%$").H5"1674)I.A(44.L,2(674%"%.0%4%".5"A.@67,%$G%"."5,.

4%7,.467#%67).G%7%,,467%"I.2(4.*/,.A$%.G%),+**%"%".L,2(674%"%".(567.W+#J%".7()3.E%#67%,.?,).A$%4%.W+#&

J%".4%$".C^""%"I.4%$.("7("A.A,%$%,.O%$4D$%#%.$##54),$%,)Q=.

=3 V%,,.O3.),1J).4%$).-%7,%,%".c(7,%".5"(A,%44$%,)%.E%,G5"J%".(54.5"A.2$,A.K+".4%$"%-.?,G%$)J%G%,.%$&

"%4.f(J%4.K%,D*#$67)%)I.(A,%44$%,)%.@%"A5"J%".(54H5),(J%"3.S(.V%,,.O3.M%A+67."5,./G%,.J%,$"J%.0%4%&

C+-D%)%"H%".K%,*/J)I.%,.4$67.A$%.)%$#4.*/,.$7".4672%,.H5.%,*(44%"A%".X(-%".#("J4(-.%,#%4%".-544I.

G,(567).%,.*/,.%$"%.f+5,.H5.#("J%3.V%,,.O3.-544.4$67.%$"%."%5%.?,G%$).4567%"3.

:3 W,(5.Z3.(,G%$)%).4%$).%$"$J%".c(7,%".(#4.V$#*4D*#%J%,$".$".%$"%-.?#)%,47%$-3.F7,.O%,5*425"467.2(,.M%A+67.

Z^67$".+A%,.Z#%$"C$"A%,H$%7%,$"Q.O%$A%4.C+"")%.4$%.(5*J,5"A.$7,%,.@67,%$G4672167%."$67).K%,2$,C#$&

67%"3.@$%.$4).-$).$7,%,.-+-%")("%".G%,5*#$67%".f1)$JC%$)."$67).J#/6C#$67I.),15-)."+67.$--%,.A(K+"I.%$&

"%.?54G$#A5"J.-(67%".H5.C^""%"3.

>3 V%,,.@3.7().4%$"%.@)%##%.$".%$"%-.J,^44%,%".',+A5C)$+"4G%),$%G.K%,#+,%".5"A.G%2$,G).4$67.(#4.0(4)2(&

J%"67(5**%5,.G%$.%$"%,.("A%,%".W$,-(3.O%$-.O%2%,G5"J4J%4D,167.-544.%,.%)2(4.467,%$G%"I.2(4.*/,.

$7".%$"%.K^##$J.5"K%,),(5)%.@67,%$G(5*J(G%.A(,4)%##)3.L,.%,71#).A$%.@)%##%."$67)3.

gG%,.A(4.?54-(44.K+".F##%)),$4-54.J$G).A$%.$")%,"()$+"(#%.@)5A$%.N?A5#).0$)%,(6h.i.0$*%4C$##4.@5,K%h.`?00bP.

?54C5"*)I.(".A%,.53(3.(567.A$%.@672%$H.)%$#"(7-.`KJ#3.X+))%,I.?,"+#AI.K+".L,#(67.i.V%,)$JI.:<<eb3.j%-144.

A$%4%,.@)5A$%.%,,%$67)%".C"(DD.=e.',+H%").A%,.@672%$H%,.O%K^#C%,5"J.$-.0%4%"."5,.A(4.)$%*4)%.X$K%(5Q.@+.

C^""%".4$%.$".%$"*(67%"I.H54(--%"71"J%"A%".f%R)%".#%A$J#$67.%$"%.F"*+,-()$+".#+C(#$4$%,%"I.A$%.J#%$67G%&

A%5)%"A.+A%,.4+J(,.$A%")$467.-$).A%,M%"$J%".$".A%,.W,(J%.$4)3.L$"%.4+#67.%$"*(67%.?5*J(G%.(54.?00.G%4)("A.

A(,$"I.%$"%-.B%A$C(-%")%"&O%$D(6CH%))%#.A$%.F"*+,-()$+".H5.%")"%7-%"I.2$%.#("J%.A(4.B%A$C(-%").%$"&

J%"+--%".2%,A%".A(,*3.B544.A(J%J%".(54.-%7,%,%".-^J#$67%".5"A.D#(54$G#%".F"*+,-()$+"%".A$%.H5,.

W,(J%.D(44%"A%.F"*+,-()$+".$A%")$*$H$%,).+A%,.7%,(54J%#%4%".2%,A%"I.$4).A$%.E(7,467%$"#$67C%$)I.A(44.A$%4%.

=e.',+H%").A%,.@672%$H%,.O%K^#C%,5"J.(".%$"%,.4+#67%".?5*J(G%.467%$)%,"I.4%7,.7+673.S(4.?"*+,A%,5"J4&

...

=.?##%.O%$4D$%#%.4)(--%".(54.F")%,K$%24I.A$%.$-.U(7-%".A%4.',+M%C)4.N0$)%,(#$)1).$".?##)(J.5"A.O%,5*.`0?ObP.J%*/7,).25,A%"3.

(3)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. >.

"$K%(5.4+#67%,.?5*J(G%".4)$--).(5**1##$J.-$).A%-./G%,%$"I.A(4.G%$4D$%#42%$4%.A%".'F@?&@)5A$%".H5J,5"A%.

#$%J).`X(5-(""I.?,)%#)I.@67"%$A%,.i.@)("()I.:<=<b3.?567.G%$.'F@?.J$#).A(4.?5**$"A%".K+".%RD#$H$).J%J%G%"%".

F"*+,-()$+"%".(#4."$67)&(54,%$67%"A.*/,.A$%.0%4%("*+,A%,5"J%".A%4.?##)(J43.F".A%,.:<<k.A5,67J%*/7,)%".

'F@?&@)5A$%.2(,%".=l.',+H%").A%,.c5J%"A#$67%"."5,.H5.4+#67%".0%4%#%$4)5"J%".$".A%,.0(J%3.

j5JJ$4G%,JI.S%)H%#.5"A.@)5)H.`:<<lb.G%)+"%"I.A(44.F##%)),$4-54."$67)."5,.$"A$K$A5%##%I.4+"A%,".(567.K+#C4&

2$,)467(*)#$67%.W+#J%".H%$)$J)3.?5*.A%,.S()%"G(4$4.K+".?00.H%$J%".4$%.53(3I.A(44.%$"%.0%4%4672167%.-$).J%&

,$"J%,%,.?54G$#A5"J.5"A.A%47(#G.(567.)$%*%,%".L$"C+--%".%$"7%,J%7).4+2$%.A$%.E(7,467%$"#$67C%$).

%,7^7)I.K+".?,G%$)4#+4$JC%$).G%),+**%".H5.4%$"3.S(.A(4.?54G$#A5"J4"$K%(5.A%,.L#)%,".%$"%".L$"*#544.K3(3.(5*.

A$%.?54G$#A5"J4A(5%,.A%,.Z$"A%,.5"A.A(-$).$"A$,%C).(567.%$"%".L$"*#544.(5*.A$%.0%4%4672167%.7()I.$")%,D,%&

)$%,%".4$%.A$%4.(#4.F"A$H.*/,.%$"%.4+H$(#%.T%,%,G5"J.K+".0%4%4672167%3.

LJ#+**I.j,+467%I.V5G%,)54.5"A.U/44%#%,.`:<==b.%,(67)%".F##%)),$4-54.(#4.J%J%G%"I.N2%"".A$%.467,$*)4D,(67&

#$67%".Z+-D%)%"H%".L,2(674%"%,."$%A,$J%,.4$"A.(#4.A$%M%"$J%"I.A$%.-$"$-(#.%,*+,A%,#$67.4$"A.5"A.(#4.4%#G4)&

K%,4)1"A#$67.K+,(54J%4%)H).2%,A%"I.5-.A%".M%2%$#$J%".J%4%##467(*)#$67%".?"*+,A%,5"J%".J%,%67).H5.

2%,A%"P.`LJ#+**.%).(#3I.:<==I.@3.=\b3.F-.V$"G#$6C.(5*.A$%.G%$A%".S+-1"%".0%4%".5"A.@67,%$G%".C("".D,1&

H$4$%,%"A.*%4)J%7(#)%".2%,A%"I.A(44.A$%4.4$""K%,4)%7%"A%4.0%4%".4+2$%.A$%.W17$JC%$).5-*(44)I.4$67.467,$*)&

#$67.(54A,/6C%"I.467,$*)#$67.C+--5"$H$%,%".H5.C^""%"3.Y5A%-.J$#).*/,.G%$A%.S+-1"%"I.A(44.A$%4.N$".%$"%-.

("J%-%44%"%".f%-D+P.%,*+#J%".4+##)%.`KJ#3.(567.A(4.%$"J("J4.%,217")%.O%$4D$%#.=b3.S(-$).$")%J,$%,%".

LJ#+**.%).(#3.`:<==b.$".$7,%.O%4)$--5"J.K+".F##%)),$4-54.GH23.*5"C)$+"(#%-.?"(#D7(G%)$4-54.4+2+7#.A%".$"&

A$K$A5%##%".9.KJ#3.A(H5.4)%##K%,),%)%"A.O%$4D$%#.:.9.(#4.(567.J%4%##467(*)#$67%".?4D%C).`KJ#3.O%$4D$%#.>b3.

S$%.?00&@)5A$%.%,*(44)."%G%".0%4%C+-D%)%"H%".(567.(##)(J4-()7%-()$467%.4+2$%.',+G#%-#^4%*17$JC%$)%"I.

(##%,A$"J4.C%$"%.@67,%$GC+-D%)%"H%"3.S(4.J$#).(567.*/,.A$%.X(67*+#J%4)5A$%.'F??[I.A%,%".L,J%G"$44%.$-.

V%,G4).:<=>.H5.%,2(,)%".4$"AI.(".A%,.A$%.@672%$H.M%A+67."$67).)%$#"(7-3.E$%.$--%,.2$%A%,.G%)+").2$,AI.

71"J%".0%4%".5"A.@67,%$G%".H2(,.H54(--%"I.A%""+67.7("A%#).%4.4$67.5-.%$J%"4)1"A$J%.W17$JC%$)4G%,%$&

67%I.A(.H3O3.Z$"A%,.0%4%".5"A.!,)7+J,(*$%.%,2%,G%".C^""%"I.+7"%.A(44.4$67.A$%4.(5*.$7,%.@67,%$GC+-D%&

)%"H%".$".%$"%-.5-*(44%"A%,%".@$""%.(542$,C%".2/,A%.`O%,"$"J%,.i.[7("m5+hI.:<=:b3.

?#4.L,4)%.%,*(44).A$%.$".S%5)467#("A.A5,67J%*/7,)%.N0%+&#%K%#&+"%&@)5A$%P.G%$.L,2(674%"%"."$67)."5,.0%4%&I.

4+"A%,".(567.@67,%$GC+-D%)%"H%"Q.@$%.)5).A$%4.-$).A%-.7+7%".?"4D,567I.G%$.A%,.f%4)%")2$6C#5"J.A$%.?00&

T+,J1"J%,4)5A$%.F?0@.N7$"4$67)#$67.A%,.)7%+,%)$467%".U/6CG$"A5"J.(567.nH5o./G%,),%**%"P.`j,+)#/467%".i.

E$GC%I.:<==GI.@3.=ab3.S(G%$.$4).j,+)#/467%".5"A.E$GC%.`:<==(I.@3.:lb.%$"%.O%4)$--5"J.2$%.M%"%.K+".LJ#+**.%).

(#3.`:<==b.H5.2%$)I.J$"J%.A+67.4+.NA$%.S%*$"$)$+".K+".?"(#D7(G%)$4-54.$-.%"J%,%".@$""%.%7%,.K%,#+,%"P3.@$%.

467%$"%".%7%,.A$%.G(4(#%".O%,%$67%.*+C544$%,%".H5.2+##%"3.@$67)G(,.2$,A.A$%4.A(,("I.A(44.4$%.*/,.G%$A%.S+&

-1"%".H5,.)7%+,%)$467%".W5"A$%,5"J.M%.%$"%.?,G%$).H5.D7+"+#+J$467%-.0%4%".5"A.,7h)7-$467%-.@h##(&

G$%,%".4+2$%.O,/J%#-(""4.W$G%#.NZ$"A%,.(5*.A%-.E%J.H5,.@67,$*)P.7%,("H$%7%"I.+7"%.A$%4%.M%A+67.$".

(C)5%##%".)7%+,%)$467%".0%4%&.+A%,.@67,%$G-+A%##%".H5.K%,+,)%"I."+67.H5.A$4C5)$%,%"I.$"2$%*%,".A$%4%.?,&

G%$)%".*/,.%,2(674%"%.*5"C)$+"(#%.?"(#D7(G%)%".%$"467#1J$J.4$"A.`KJ#3.H5-.@67,%$G%".%)2(.O^,"%,I.=kk\p.

E%"J%#$"I.:<<lp.H5-.0%4%".KJ#3.'(,$4I.:<<\b3.S$%4.$4).5-4+.G%-%,C%"42%,)%,I.(#4.(567.*/,.A$%.S+-1"%.

@67,%$G%".H(7#,%$67%.)7%+,%)$467%.2$%.(567.%-D$,$467%.?,G%$)%".H5.G(4(#%".GH23.7$%,(,67$%"$%A,$J%".W1&

7$JC%$)%".K+,#$%J%"I.A$%."$67).H5#%)H).(567.A(4.T%,71#)"$4.K+".G(4(#%".5"A.5-*(44%"A%,%".@67,%$GC+-D%&

)%"H%".A$4C5)$%,%".`KJ#3.G4D23.j,(7(-.i.V(,,$4I.:<<<p.Z%##+JI.:<<ap.!#$K%I.W(K(,)I.O%(5K($4.i.O%(5K($4I.

:<<kp.!#$K%I.:<=:b3.

gG%,.A$%.j,%"H%.H2$467%".J%"/J%"A%".5"A.5"J%"/J%"A%".`j,5"A&bZ+-D%)%"H%".#144).4$67.A5,67(54.4),%$&

)%"3.S%""+67.#144).4$67.*/,.A%".O%,%$67.0%4%".(54.A%".L,J%G"$44%".A%,.?00&@)5A$%.*+#J%,"I.A(44.'%,4+"%"I.

A$%.#%A$J#$67.F"*+,-()$+"%".(54.%$"*(67%".f%R)%".(G#%4%".C^""%"I.2$67)$J%.B$))%$#5"J%".-/"A#$67.5"A.

"$67).467,$*)#$67.%,7(#)%".4+##)%".`X+))%,.%).(#3I.:<<eI.@3.=kb3.S(4.$4).H3O3.*/,.%$"%".'7(,-(&Z+"H%,".$-.V$"&

G#$6C.(5*.A$%.L$"7(#)5"J.7hJ$%"$467%,.T+,467,$*)%"."$67).5"%,7%G#$67I.2%47(#G.%$"H%#"%.W$,-%".A(H5./G%,J%&

J("J%".4$"AI.%$"%.L$"4)%##5"J."%5%,.B$)(,G%$)%,F""%".-$).%$"%-.*$,-%"%$J%"%".0%4%)%4).H5.K%,G$"A%".

`@)5,-I.:<=<(b3.

S$%.%-D$,$467.*%4)J%#%J)%".467,%$GG%H+J%"%".?#D7(&0%K%#4.$".A%,.0%+&0%K%#&!"%&@)5A$%.*+C544$%,%".C+,,%C&

)%4.T%,467,$*)%".5"A.K%,%"J%".4+.53L3.A%".O#$6C.(##H5.4%7,Q.S(44.5"H5,%$67%"A%.G(4(#%.@67,%$G*17$JC%$)%".

%$"%.%,*+#J,%$67%.467,$*)#$67%.Z+--5"$C()$+".G%%$"),167)$J%".+A%,.J(,.K%,7$"A%,".C^""%"I.4%$.7$%,."$67).

G%4),$))%".`j,(7(-.i.V(,,$4I.:<<<bI.21,%.(G%,.)7%+,$%G%H+J%".H5.A$4C5)$%,%".2$%.(567.%-D$,$467.(5*H5H%$&

(4)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. d.

J%"3.T+".J%4%##467(*)#$67%,.U%#%K("H.$4).M%A+67.2%"$J%,.A$%.G#+44%.S%-+"4),()$+".-%7,.+A%,.2%"$J%,.$4+&

#$%,)%".+,)7+J,(*$467%".Z^""%"4I.4+"A%,".K$%#-%7,.A$%.W,(J%I.+G.M%-("A.%$".@67,%$GH$%#.C+--5"$C()$K.%,&

*+#J,%$67.5-4%)H%".C(""3.S(44.%$"%.W$,-(.%$".O%2%,G5"J4J%4D,167.-$).%$"%,.?,).@67,%$G)%4).K%,C"/D*).

`KJ#3.A(4.%$"J("J4.%,217")%.O%$4D$%#.>bI.5"A.A(4.(567.G%H+J%".(5*.%$"%.G%,5*#$67%.f1)$JC%$)I.A$%."$67).$".%,4&

)%,.0$"$%.-$).7+7%".@67,%$G("*+,A%,5"J%".(44+H$$%,).2$,AI.A%5)%).A(,(5*.7$"I.A(44.@67,%$GC+-D%)%"H%".

-^J#$67%,2%$4%.%$".7^7%,%,.@)%##%"2%,).H5C+--)I.(#4./G#$67%,2%$4%.("J%"+--%".2$,A.`X()$+"(#.[+--$4&

4$+".+".E,$)$"JI.:<<db3.E$%.W$,-%".9./G%,.K%,467$%A%"%.O,("67%".7$"2%J.9.$".A$%4%-.O%,%$67.K%,*(7,%"I.

21,%.M%A+67.4h4)%-()$467%,.H5.5")%,4567%"3.j#%$67%4.J$#).*/,.A$%.S+-1"%.0%4%"3.

S$%._,4(67%".K+".F##%)),$4-54.#(44%".4$67.J,+G.G$+J,(*$467%"I.J%4%##467(*)#$67%".4+2$%.7$4)+,$467%".?4D%C&

)%".H5+,A"%".5"A.4$"A.,%67).J5).%,*+,467).`KJ#3.LJ#+**.%).(#3I.:<==p.H5.%$"%,.fhD$4$%,5"J.KJ#3.O$))#$"J4-(h%,I.

S,56C4I.j%,A%4.i.O(5%,I.:<=<b3.S(J%J%".$4).K%,J#%$6742%$4%.2%"$J.A(,/G%,.G%C("")I.2$%.467,$*)4672(67%.

L,2(674%"%.G%$-.0^4%".K+".0%4%&.+A%,.@67,%$G(5*J(G%".K+,J%7%"I.2%#67%".V$"A%,"$44%".4$%.G%J%J"%"I.

2$%.4$%.-$).$7"%".5-J%7%".5"A.2(4.4$%./G%,.A(4.0%4%".5"A.@67,%$G%".2$44%"3.E$44%".A(,/G%,.$4).*/,.Z5,4&

#%$)%"A%.M%A+67.5"(GA$"JG(,I.2%"".%4.5-.A$%.W,(J%."(67.2$,C4(-%".#$)%,(#%".W^,A%,-(44"(7-%".J%7)3.@+.

4+##)%.$"4G%4+"A%,%.A$%.W^,A%,5"J.4),()%J$467%,.W17$JC%$)%".9.2$%.j#(4%,I.Z%44#%,.5"A.'(#-.`:<==I.@3.==b.

*%4)7(#)%".9.53(3.A%".?5*G(5.K+".E$44%"44),5C)5,%".5-*(44%"3.?54.A$%4%-.j,5"A.4)%##%".2$,.A$%4%.W,(J%.$"4.

Y%"),5-.A%4.K+,#$%J%"A%".O%$),(J43.

A:"B/(C;)-/"&*,0)*,/("D/&/("25<"+*,(/7%/(755/5"

S$%.0%4%*+,4675"JI.J%,(A%.A$%.D4h67+#+J$467%I.7().4$67.4%$).B$))%.A%,.=kl<%,&c(7,%.$")%"4$K.-$).A%".B%,C&

-(#%".K+".J5)%".5"A.4672(67.#%4%"A%".'%,4+"%".G%*(44)3.V15*$J.4$"A.A(G%$.Z$"A%,.5"A.c5J%"A#$67%.$".A%".

O#$6C.J%,()%"3.S(G%$.5")%,467%$A%".4$67./G%,4.j("H%.J%4%7%".M/"J%,%.K+".1#)%,%".5"A.4672167%,%.K+".

4)1,C%,%".0%4%,F""%".A(,$"I.A(44.4$%.$7,.0%4%K%,4)%7%"."$67).(54,%$67%"A./G%,2(67%".`K(".Z,((h%"++,AI.

:<=<b3.L$".-^J#$67%,.j,5"A.G%4)%7).A(,$"I.A(44.$7"%".0%4%4),()%J$%".*%7#%"I./G%,.A$%.J5).#%4%"A%.L,2(67&

4%"%.$".%$"%,.J,+44%".O("AG,%$)%.K%,*/J%".`',%44#%h.i.?**#%,G(67I.=kk\b.5"A.J%H$%#).%$"4%)H%".C^""%"3.S$%.

O(4$4.A(*/,.$4).4),()%J$%G%H+J%"%4.E$44%".`'(,$4I.0$D4+".i.E$R4+"I.=ka>b3.O%$4D$%#42%$4%.5")%,467$%A%".4$67.

G%$.'F@?.:<<<.A$%.5")%,4567)%".c5J%"A#$67%"I.A$%.M%2%$#4.%$"%,.Z+-D%)%"H4)5*%.("J%7^,)%"I.4h4)%-()$467.

$".$7,%-.E$44%"./G%,.("J%-%44%"%.0%4%4),()%J$%".$".G%4)$--)%".*$C)$K%"I.(G%,.(##)(J4"(7%".@$)5()$+"%".

`?,)%#)I.@67$%*%#%I.@67"%$A%,.i.@)("()I.:<<:b3.X%5".c(7,%.4D1)%,I.G%$.'F@?.:<<kI.2(,.A(4.E$44%"./G%,.0%4%&

4),()%J$%".`H54(--%".-$).A%,.0%4%-+)$K()$+"b.1544%,4).G%A%5)4(-3.E%,."1-#$67./G%,.4+#$A%.E$44%"4G%&

4)1"A%.K%,*/J)%I.2(,.2%"$J%,.A%".L**%C)%".5"K%,1"A%,#$67%,.4+H$+A%-+J,(*$467%,.B%,C-(#%.(5*4.

0%4%K%,4)%7%".(54J%4%)H)3.?"A%,4.J%4(J)Q.@%#G4).c5J%"A#$67%.(54.G$#A5"J4*%,"%".W(-$#$%".C+"")%".J5).$-.

0%4%)%4).(G467"%$A%"I.2%"".$7,.E$44%"./G%,.@),()%J$%".J5).(54J%G$#A%).2(,.`?,)%#)I.X(5-("".i.@67"%$A%,I.

:<=<b3.

@),()%J$%".(#4.%$".O/"A%#.K+".L")467%$A5"J4D,+H%44%".#%J%".*%4)I.2$%.5"A.$".2%#67%,.U%$7%"*+#J%.G%&

4)$--)%.?C)$K$)1)%".(54J%*/7,).2%,A%".`W(h+#I.W+5#$"I.B(JJ$+.i.0q)qI.:<=:I.@3.=dab3.@$%.4$"A.-%$4).(5*.C+J&

"$)$K%.',+H%44%.G%H+J%"I.2%,A%".-$).?G4$67).K%,2%"A%)I.4$"A.(G%,.J#%$67H%$)$J.(567.-$).?"4),%"J5"J.

K%,G5"A%".5"A.2%,A%".2$##%")#$67.J%4)%5%,)3.X$67).H5#%)H).4$"A.4$%.(##J%-%$".#%,"*^,A%,#$67.5"A.*/,.A%".L,&

*+#J.$".%$"%,.S+-1"%."^)$J.`?#%R("A%,I.j,(7(-.i.V(,,$4I.=kkab3.@+2+7#.*/,.A$%.S+-1"%.0%4%".(#4.(567.

@67,%$G%".#$%J%".H(7#,%$67%.@)5A$%".K+,.`'7$#$DDI.:<=:bI.A$%.A$%4."(67A,/6C#$67.G%4)1)$J%".`H5-.@67,%$G%".

KJ#3.H54(--%"*(44%"A.j,(7(-.i.V(,,$4I.:<<<b3.

@67,%$G%".4)%##).*/,.(##%.9.(567.J5)%.9.@67,%$G%,F""%".%$"%.C+J"$)$K.7^674).("4D,5674K+##%.?"*+,A%,5"J.A(,I.

-/44%".A+67.-%7,%,%.C+J"$)$K%.?C)$K$)1)%".J%G/"A%#).5"A.C++,A$"$%,).2%,A%"I.4+.A(4.j%"%,$%,%".K+".

FA%%"I.@%)H%".%$"%4.@67,%$GH$%#4I._-4%)H%".K+".FA%%".$".%$"%".#$"%(,$4$%,)%".f%R).%)63.`?#(-(,J+).i.

[7("m5+hI.:<<=p.?#(-(,J+).i.W(h+#I.:<<kb3._-4+.-%7,.J$#).%4I.A%".@67,%$GD,+H%44.4+.H5.J%4)(#)%"I.A(44.A$%.

C+J"$)$K%.O%#(4)5"J.7("A7(GG(,.$4)I.$"A%-.A%,.@67,%$GD,+H%444.$".G%21#)$JG(,%.f%$#467,$))%.(5*J%)%$#).5"A.

%$"H%#"%.'7(4%".)%$#2%$4%.(567.(54J%J#$%A%,).2%,A%".`H3O3.$"A%-.A$%.?542(7#.5"A.[7,+"+#+J$%.A%,.F"7(#)%.

467,$*)#$67.(5*.%$"%-.4%D(,()%".O#()).*%4)J%7(#)%".2$,Ab3.

@67,%$G4672(67%.@67/#%,F""%".H%$67"%".4$67.53(3.A(A5,67.(54I.A(44.4$%.$7,%".@67,%$GD,+H%44."$67).4+.J%&

4)(#)%".C^""%"I.A(44.A$%.C+J"$)$K%.0(4).G%44%,.G%21#)$JG(,.$4).`?-()+.i.E()C$"4I.:<==p.f,+$(I.:<<ebQ.@$%.D#(&

"%".C(5-.K+".4$67.(54I.4+"A%,".467,%$G%".J#%$67.A,(5*#+4p.4$%.467,%$G%".C/,H%,%.f%R)%.5"A./G%,(,G%$)%".

C(5-.`5"A.2%"".A+67I.A("".K3(3.(5*.A%,.4D,(67*+,-(#%".LG%"%b3.V$"H5.C+--)I.A(44.4$%.@67,%$G4),()%J$%"I.

(5)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. \.

A$%.%$".2$67)$J%4.V$#*4-$))%#.H5,.j%4)(#)5"J.A%4.@67,%$GD,+H%44%4.A(,4)%##%"I.C%$"%".E%,).G%$-%44%"I.4+"&

A%,".4$%.(#4.%)2(4.G%),(67)%"I.2(4.K$%#.Y%$).C+4)%).5"A."$67)4.G,$"J)3.X$67).H5#%)H).G,%67%".4$%.$7,%".

@67,%$GD,+H%44.*,/7H%$)$J.(GI.2%$#.4$%.+*).%$"*(67.%,#%$67)%,).4$"AI.A(44./G%,7(5D).%$".f%R)D,+A5C).%")4)("&

A%".$4)3.S%4.E%$)%,%".K%,*/J%".4$%./G%,.2%"$J%,.J5).(54J%G$#A%)%.G(4(#%.@67,%$G*17$JC%$)%"I.2(4.4$67.%G%"&

*(##4.(5*.A%".@67,%$GD,+H%44.(542$,C)Q.E%,.4$67.H5.4)(,C.(5*.V("A467,$*).GH23.f(4)()5,467,%$G%".4+2$%.

!,)7+J,(*$%.C+"H%"),$%,%".-544I.7().2%"$J%,.C+J"$)$K%.U%44+5,6%".*/,.A$%.%$J%")#$67%.f%R)D,+A5C)$+".H5,.

T%,*/J5"J.`j,(7(-.i.V(,,$4I.:<<<b3.

0%4%&.5"A.@67,%$G4),()%J$%".5"A.A(4.E$44%"./G%,.4$%.467%$"%".H%"),(#%.B%,C-(#%.H5.4%$"I.("7("A.A%,%,.4$67.

J5)%.K+".2%"$J%,.J5)%".0%4%"A%".GH23.@67,%$G%"A%".G%467,%$G%".#(44%"3.S$%4%.E$44%"4G%4)1"A%.#(44%".

4$67.M%A+67."$67).$4+#$%,).G%),(67)%"3.?54.)7%+,%)$467%,.@$67).$4).G%J,/"A%).K%,-5)%).2+,A%"I.A(44.A$%4%.

E$44%"4G%4)1"A%.(567.-$).A%-.E$44%"./G%,.4$67.GH23.("A%,%.(#4.C+J"$)$K.(J$%,%"A%.E%4%".`D%,4+"%"G%&

H+J%"%4.E$44%"b.5"A.-$).A%-.E$44%"./G%,.B%,C-(#%.K+".@$)5()$+"%".5"A.?5*J(G%".4+2$%.4$67.A%".A(,(54.

%,J%G%"A%".J/"4)$J%".V%,("J%7%"42%$4%".`(5*J(G%"G%H+J%"%4.E$44%"b.H5.)5".7(G%".`W#(K%##I.=klkb3.L,&

2(674%"%.2%$4%".("A%,%.#%,"G%H+J%"%.B%,C-(#%.(#4.Z$"A%,.(5*.`[,+-#%hI.:<<\p.'(,$4I.:<<\bp.H5J#%$67.G$#&

A%".(567.467,$*)4672(67%.L,2(674%"%.$".4$67.C%$"%.7+-+J%"%.j,5DD%.`B(6?,)75,I.Z+"+#AI.j#5))$"J.i.

?#(-D,%4%I.:<=:b3.S%47(#G.J$#).%4.5-.4+.-%7,.H5.*,(J%"I.+G.A$%.B%,C-(#%.4672(67%,.0%4%,.5"A.@67,%$G%,&

$""%"I.2$%.4$%.+G%".4C$HH$%,).25,A%"I.(567.(5*.%,2(674%"%.0%,"%,F""%".H5),%**%"3.

E:"F7&&/5".%/(&"D/&/5"25<"+*,(/7%/5"%/7"&*,(7='&*,0)*,/5"6(0)*,&/5/5"/(=)&&/5"

F-.',+M%C).N0$)%,(#$)1).$".?##)(J.5"A.O%,5*.`0?ObP.`:<<k9:<=>bI.A(4.K+-.@)(()44%C,%)(,$().*/,.O$#A5"JI.W+,&

4675"J.5"A.F""+K()$+".`@OWFb.4+2$%.K+".A%".Z(")+"%".O%,".5"A.?(,J(5.J%*^,A%,).2$,AI.7(G%".2$,.$".A%,.

f%$#4)5A$%.(b.467,$*)4672(67%.L,2(674%"%I.A$%.%$"%".0%4%&.5"A.@67,%$GC5,4.G%4567%"I.2$44%"467(*)#$67.G%&

J#%$)%)3.E$,.7(G%".H5A%-.$".f%$#4)5A$%.Gb.Z5,4#%$)%"A%I.A$%.0%4%&.5"A.@67,%$GC5,4%.*/,.467,$*)4672(67%.L,&

2(674%"%.A5,67*/7,%"I.G%*,(J).`KJ#3.0$"A(5%,.i.@)5,-I.$3A,3X,3b3.

F".A$%4%-.O%$),(J.*+C544$%,%".2$,.%$"%".?54467"$)).(54.A%,.f%$#4)5A$%.(bI.5"A.H2(,.A$%.W,(J%I.2(4.467,$*)&

4672(67%.L,2(674%"%./G%,.A(4.0%4%".5"A.@67,%$G%".2$44%"I:.A$%4.(567.$-.V$"G#$6C.A(,(5*I.-^J#$67%.?"&

4()HD5"C)%.H5,.W^,A%,5"J.K+".0%4%&.5"A.@67,%$G4),()%J$%".G%$.467,$*)4672(67%".L,2(674%"%".

7%,(54(,G%$)%".H5.C^""%"3.

E:9"B/',3</"

Y5,.J%H$%#)%".L,*(445"J.K+".@),()%J$%2$44%".7(G%".2$,.4+J3.T$J"%))%".%$"J%4%)H)I.A$%.%$"%.7hD+)7%)$467%.

@$)5()$+".C5,H.5-,%$44%".5"A.(#4.@)$-5#54.GH23.L,H17#$-D5#4.A$%"%".`KJ#3.@D^,%,.i.O,5"4)%$"I.:<<ep.T%%"&

-("I.:<<\p.Y$--%,-(".i.B(,)$"%H.'+"4I.=kaeb3.

S$%.9&/&:#;3&$$&.4C$HH$%,).*+#J%"A%.Z5,44$)5()$+"Q.

F-.Z5,4I.A%".@$%.G%4567%"I.%,7(#)%".(##%.%$"%".f%R)I.5"A.H2(,.(##%.%$"%".("A%,%".

f%R)I.K+".A%,.?,).7%,.(G%,.4%7,.17"#$673.S%,.f%R).21,%.5"J%*17,.4+.2$%.A$%4%,.7$%,I.

@$%.C^""%".$7".("467(5%"I.G,(567%".$7".M%)H).(G%,."$67).H5.#%4%"3.S$%.Z5,4#%$)5"J.

J$G).F7"%".A%".?5*),(JI.F7,%".f%R).H57(54%.H5.#%4%"3.Y$%#.A(G%$.$4)I.A(44.@$%.A(4.

"1674)%.B(#.("A%,%".Z5,4)%$#"%7-%"A%".A%".F"7(#).A%4.f%R)%4.%,H17#%".C^""%"3.

?"467#$%44%"A.25,A%.J%*,(J)I.+G.4$%.J#(5G%"I.%$"%.4+#67%.?5*J(G%.#^4%".H5.

C^""%"I.5"A.2$%.4$%.G%$.A%,.O%(,G%$)5"J.C+"C,%).K+,J%7%".2/,A%"3.

S(-$).4$67.A$%.G%*,(J)%".'%,4+"%".%$"%.C+"C,%)%,%.T+,4)%##5"J.K+-.0%4%(5*&

),(JI.K+".A%,.f%R)4672$%,$JC%$).G$#A%".C^""%"I.25,A%.$7"%".M%2%$#4.A%,.,%67)4.

(GJ%G$#A%)%.f%R).9.%$".Y%$)467,$*)%"(,)$C%#.(54.A%-.NO%+G(67)%,P.9.J%H%$J)I.

A%,.C"(DD.>a<.E^,)%,.5-*(44)3.L$"%.?"(#h4%.-$).f%R)0(G.H5,.f%R)4672$%,$JC%$).

%,J(G.H5A%-I.A(44.A%,.(GJ%G$#A%)%.f%R).#%$67).K%,4)1"A#$67.$4)Q.L,.21,%.H3O3.*/,.

A$%.Z#(44%"4)5*%".e;l.J5).%$"4%)HG(,3.

. ...

:.j%*,(J).25,A%.(567I./G%,.2%#67%.0%4%&.5"A.@67,%$GC+-D%)%"H%".467,$*)4672(67%.L,2(674%"%.K%,*/J%"I.2$%.4$%.G%$.%$"%,.

"%5%".5"A.*/,.4$%.%7%,.5"G%C("")%".@67,%$G(5*J(G%.K+,J%7%"I.2%#67%.@),()%J$%".4$%.H5,.0^45"J.A%,.@67,%$G(5*J(G%.("&

2%"A%".5"A.2%#67%.-+)$K()$+"(#%".L$"4)%##5"J%".4$%.H5-.0%4%".5"A.@67,%$G%".(5*2%$4%"3.

(6)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. e.

S$%.<()%&#=:#;3&$$&.25,A%.(5*.A%,.O(4$4.%$"%,.Z5,44$)5()$+"I.A$%.$".%$"%,.("A%,%".O%*,(J5"J44$)5()$+".G%&

+G(67)%).2%,A%".C+"")%I.%,4)%##)3.@$%.#(5)%).2$%.*+#J)Q.

E$%./G#$67.G%J$"").%$"%.Z5,44)5"A%.A(-$)I.A(44.(##%.,5"A5-.%,H17#%"I.2$%.%4.$7"%".J%7)I.2(4.4$%.$".A%,.K%,&

J("J%"%".E+67%.E$67)$J%4.%,#%G).7(G%"3.L$"%.Z5,4)%$#"%7-%,$".%,H17#)I.A(44.4$%.-$).A%,.@67,%$G(5*J(G%I.A$%.(##%.

G%$-.#%)H)%".B(#.%,7(#)%".7(G%"I.(G4+#5)."$67)4.71))%.("*("J%".C^""%"3.@$%.71))%.%$"*(67."$67)4.A(H5.467,%$G%".

C^""%"3.O%$.A%,.@67,%$G(5*J(G%.J$"J.%4.A(,5-I.H5.%$"%-.0$%G#$"J4C+67,%H%D).%$"%.j%467$67)%.H5.%,H17#%"3.S%,.

Z5,4#%$)%,.(")2+,)%).A%,.Z5,4)%$#"%7-%,$"I.A(44.4$%.%4."+67-(#4.K%,4567%".4+##3.

S(,(".("467#$%44%"A.25,A%.J%*,(J)I.+G.4$%.%$"%.4+#67%.@$)5()$+".467+".%,#%G).71))%".5"A.2$%.4$%.4%#G4).K+,&

J%7%".2/,A%"3.S%4.E%$)%,%".25,A%."(67.A%-.T+,J%7%".$".A%".%$"H%#"%".@67,%$GD,+H%44D7(4%".J%*,(J).

`FA%%"J%"%,$%,5"JI.W+,-5#$%,5"J.5"A.LK(#5()$+".GH23.U%K$4$+"bI.2+G%$.H5.M%A%,.'7(4%."(67J%*,(J).25,A%I.

2(4.4$%.)5"I.2%"".@672$%,$JC%$)%".(5*),%)%"3.?GJ%467#+44%".25,A%.M%2%$#4.-$).A%,.W,(J%I.+G.4$%."+67.%)&

2(4.%,J1"H%".-^67)%"3.

S$%.O%(")2+,)5"J.4+#67%,.W,(J%".J$#).(54.-%)7+A$467%,.@$67).(#4.7^674).("4D,5674K+##Q.@$%.K%,#("J).53(3.A$%.

W17$JC%$)I.W,(J%".A$%4%,.?,).(5*.A$%.A(-$).K%,G5"A%"%".?"*+,A%,5"J%".5"A.(5*.%$J%"%.0%4%&.+A%,.@67,%$G&

%,*(7,5"J%".G%H$%7%".H5.C^""%".`@D^,%,.i.O,5"4)%$"I.:<<\I.@3.d\b3.F-.T%,J#%$67.H5,.L,*(445"J.-$))%#4.W,(&

J%G+J%".2%$4).%$".F")%,K$%2.-$).7hD+)7%)$467%".@$)5()$+"%".A%".T+,)%$#.(5*I.A(44.4+H$(#%.L,2/"467)7%$).

%$"%.A%5)#$67.J%,$"J%,%.U+##%.4D$%#%".A/,*)%.5"A.A5,67.A$%.K+,J%J%G%"%".@$)5()$+"%".A$%.U%*%,%"HD5"C)%.

G%$.A%,.O%*,(J5"J.%$"7%$)#$67%,.4$"A3.?##%,A$"J4.G%4)%7).G%$.A$%4%,.B%)7+A%.A$%.j%*(7,.%$"%4.%RD%,$-%")%#&

#%".O$(4I.A%,.G4D23.A5,67.X(67*,(J%".(54J%#^4).2%,A%".C("".`T%%"-("I.:<<\I.@3.lkb3.

j%"%,%##.2$,A.%-D*+7#%"I.H5,.L,*(445"J.K+".@),()%J$%2$44%"."$67)."5,.%$"%.B%)7+A%.("H52%"A%"I.4+"A%,".

-%7,%,%.H5.C+-G$"$%,%".`@D^,%,.i.O,5"4)%$"I.:<<\p.T%%"-("I.:<<\b3.F-.',+M%C).N0$)%,(#$)1).$".?##)(J.5"A.

O%,5*P.25,A%.A%-.$"4+*%,".U%67"5"J.J%),(J%"I.(#4.M%2%$#4.H2%$.'%,4+"%".J%-%$"4(-.%$"%.@67,%$G(5*J(G%.

J%#^4).7(G%".5"A.4+.$7,%.@67,%$GD,+H%44%.5"A.A(-$).(567.$7,.T+,J%7%".%,*(44).2%,A%".C+"")%"p.A$,%C).("&

467#$%44%"A.(".A$%.@67,%$G(5*J(G%.*("A%".L$"H%#$")%,K$%24.4)())I.$".A%"%".53(3.A%,.C++D%,()$K%.@67,%$GD,+&

H%44."+67-(#4.(5*J%J,$**%".25,A%.`("(#+J.H5.@)5,-I.:<=<Gb3.S$%.C++D%,()$K%.@67,%$G(5*J(G%.25,A%.-$).

H2%$.K%,467$%A%"%".?5*),1J%".H5.5")%,467$%A#$67%".Y%$)D5"C)%".A5,67J%*/7,)Q.S$%.T$J"%))%".25,A%".G%$-.

L$"H%#$")%,K$%2."(67.A%,.H2%$)%".@67,%$G(5*J(G%.%$"J%4%)H)3.

',14%")$%,).2%,A%".$".A$%4%-.O%$),(J.#%A$J#$67.%,4)%.L,J%G"$44%.(54.A%".T$J"%))%"3.L,J%G"$44%.(54.A%,..

C++D%,()$K%".@67,%$G(5*J(G%.2%,A%".K%,%$"H%#).H5,.F##54),()$+".+A%,.@)/)H5"J.G%$J%H+J%"3.S$%.F")%,K$%24.

25,A%".K+##4)1"A$J.5"A.2^,)#$67.),("4C,$G$%,)3.S$(#%C).25,A%.A(G%$."$67).$"4.@)("A(,AA%5)467%./G%,),(J%"I.

M%A+67.4)("A(,A"(7.K%,467,$*)%)3.Y$)$%,)%.?54H/J%.2%,A%".(G%,.$".@)("A(,AA%5)467.D,14%")$%,)3.

E:A"+'7*,G(3%/"

O%*,(J).25,A%".'%,4+"%"I.A$%.%$"%".0%4%&.5"A.@67,%$GC5,4.*/,.L,2(674%"%.G%4567%"3.S%,.W%#AH5J("J.%,&

*+#J)%.H5-.%$"%"./G%,.A$%.',+M%C)D(,)"%,I.A$%.4%#G4).4+#67%.Z5,4%.("G$%)%"I.H5-.("A%,%"./G%,.2%$)%,%.

Z5,4("G$%)%,Q.LO.Y/,$67I.0%4%".5"A.@67,%$G%".?(,J(5I.0%4%".5"A.@67,%$G%".O%,"I.T+#C47+674675#%.O%,"I.

0_@F?.`r.0%4%".5"A.@67,%$G%".$".A%,.?,-%%b3.W/,.A$%.f%$#"(7-%.(".A%,.C++D%,()$K%".@67,%$G(5*J(G%.5"A.

A%-.L$"H%#$")%,K$%2.%,7$%#)%".A$%.Z5,4)%$#"%7-%"A%".M%2%$#4.%$".C#%$"%4.V+"+,(,p.4$%.25,A%".M%2%$#4.J%"(5.

/G%,.A(4.T+,J%7%".$"*+,-$%,).5"A.%,C#1,)%".4$67I."(67A%-.$7"%".A%,.Y2%6C.A%,.?542%,)5"J.%,C#1,).25,A%I.

M%2%$#4.-$)._")%,467,$*).A(H5.G%,%$)I.A(44.A$%.S()%".("+"h-$4$%,).5"A.$".?54H/J%".K%,^**%")#$67).2%,A%".

A/,*%"3.

F-.',+M%C).25,A%".$"4J%4(-).:>\.L,2(674%"%.(54.:a.Z5,4J,5DD%".-$).W,(J%G^J%".G%*,(J)p.4$%.(G4+#K$%,&

)%".H5A%-.%$"%"."$%A%,4672%##$J%".f%4).H5,.L,*(445"J.K+".@67,%$G&.5"A.0%4%*#/44$JC%$).4+2$%.G(4(#%-.

f%R)K%,4)%7%".(5*.@()H%G%"%3.T+".A%".L,2(674%"%".J(G%".=>\.("I.S%5)467.(#4.B5))%,4D,(67%.H5.4D,%67%".

`\l.',+H%")b3.E%$)%,%.le.'%,4+"%".`>:.',+H%")b.*/7,)%".%$"%.("A%,%.@D,(67%.(#4.S%5)467.(#4.B5))%,4D,(67%.

("3.T+".:d.'%,4+"%".*%7#%".%")4D,%67%"A%.?"J(G%"3.

L$"%.O%4+"A%,7%$).A%4.@(-D#%4.G%4)%7).A(,$"I.A(44.$"4J%4(-).l<.'%,4+"%".(54.0_@F?&Z5,4%".4)(--%"I.$".

A%"%".*(4).(54"(7-4#+4.M5"J%.-1""#$67%.U%C,5)%".%$"%".0%4%&.5"A.@67,%$GC5,4.G%4567)%"3.S(4.7().(567.

W+#J%".*/,.A$%.j%467#%67)%,K%,)%$#5"J.$-.j%4(-)4(-D#%Q.=ll.A%,.O%*,(J)%".4$"A.B1""%,.`le.',+H%")b3.

LG%"*(##4.G%),+**%".$4).A$%.?#)%,44),5C)5,.A%4.@(-D#%43.E%$#.%$".4+.J,+44%,.f%$#.A%,.O%*,(J)%".(54.A%".0_@F?&

Z5,4%".-$).,%67).M5"J%".f%$#"%7-%,".4)(--)I.$4).%4."$67).4$""K+##I.A(4.S5,67467"$))4(#)%,.("H5J%G%".`$".

(7)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. l.

A%".0_@F?&Z5,4%".#$%J).%4.G%$.::.c(7,%"I.$".A%".("A%,%".Z5,4J,5DD%".-$).dd.c(7,%".A+DD%#).4+.7+67b3.@)())&

A%44%".4+##%".7$%,.*+#J%"A%.?"J(G%".$##54),$%,%"I.-$).2%#67%,.?#)%,44),5C)5,.2$,.%4.G%$.A%".Z5,4%".H5.)5".

7())%"Q.=d.'%,4+"%".4$"A.M/"J%,.(#4.:<.c(7,%.`e.',+H%")bI.ll.4$"A.H2$467%".:<.5"A.:k.c(7,%.(#).`>>.',+H%")b3.

S$%.j,5DD%.A%,.><&.G$4.>k&c17,$J%".*1##).-$).:>.'%,4+"%".`=<.',+H%")b.5"J#%$67.C#%$"%,.(543._"J%*17,.J#%$67.

K$%#%.f%$#"%7-%"A%.4$"A.%")2%A%,.H2$467%".d<.5"A.dk.c(7,%.`\l.'%,4+"%"I.:d.',+H%")b.GH23.H2$467%".\<.

5"A.\k.c(7,%".(#).`\\.'%,4+"%"I.:>.',+H%")b3.S$%.C#%$"4)%.j,5DD%.G$#A%".a.'%,4+"%"I.A$%.e<.G$4.e\.c(7,%.(#).

4$"A3.S$%.M/"J4)%.)%$#"%7-%"A%.'%,4+".2(,.=aI.A$%.1#)%4)%.e\.c(7,%.(#)3.

Z"(DD.A$%.V1#*)%.A%,.O%*,(J)%".`===.'%,4+"%"I.dl.',+H%")b.(,G%$)%).T+##H%$)I.d=.'%,4+"%".2(,%".H5-.Y%$)&

D5"C).A%,.O%*,(J5"J.(5*.?,G%$)44567%.GH23./G)%".C%$"%".O%,5*.(54.`=l.',+H%")b3.S$%.,%4)#$67%".?"J(G%".

K%,)%$#%".4$67.(5*.T+##H%$)4)%##%".+A%,.(5*.7154#$67%.f1)$JC%$)3.O%$.:=.'%,4+"%".*%7#%".%")4D,%67%"A%.?"J(&

G%"3.>k.'%,4+"%".7(G%".#%A$J#$67.A$%.',$-(,&.GH23.A$%.+G#$J()+,$467%.@675#%.G%4567).`=e.',+H%")b3.W(4).

J#%$67.K$%#%.(G4+#K$%,)%".%$"%.?"#%7,%.`>a.'%,4+"%"bI.k\.A(J%J%".%$"%.O%,5*4#%7,%.`d<.',+H%")b3.E%$)%,%.:a.

'%,4+"%".J%G%".("I./G%,.%$"%".7^7%,%".?G467#544.H5.K%,*/J%".`O%,5*4*(674675#%I.B()5,.53(3b3.

W/,.A$%.C++D%,()$K%.@67,%$G(5*J(G%.-$).A%".("467#$%44%"A%".L$"H%#$")%,K$%24.25,A%.%$"%.f%$#4)$67D,+G%.

J%H+J%"Q.L$".%$J%")#$67%4.4%#%C)$K%4.@(-D#$"J.2(,.M%A+67."$67).-^J#$67I.A(.A$%.Z5,4%."5,.2%"$J%.Z5,4)%$#&

"%7-%,F""%".7(G%".5"A.A$%.Sh(A%".(54.H2%$.'%,4+"%".G%4)%7%".4+##)%"I.A$%.4$67.(54.A%".Z5,4%".C%""%"I.

A(-$).A%,.C++D%,()$K%.0^45"J4D,+H%44.-^J#$674).$".K%,),(5)%,.?)-+4D71,%.4)())*$"A%".C+"")%3.

F".A$%4%-.O%$),(J.4)%7%".K$%,.'%,4+"%".9.V%#%"sI.U(-+"(sI.B+,$)Hs.5"A.@$-+"s.9.$-.T+,A%,J,5"AI.A$%.M%&

2%$#4.(567.H5.H2%$).%$"%.@67,%$G(5*J(G%.J%#^4).7(G%"Q>.

" H/-/5I" >);35)I" B3(7'@I" +7;35I"

?#)%,. >\. :>. dk. :a.

L,4)4D,(67%. @672%$H%,A%5)467. U5-1"$467. @672%$H%,A%5)467. @672%$H%,A%5)467.

?54G$#A5"J. +G#$J()+,$467%.

@675#%. 0("A2$,)$".$-.

U%GG(5. B(467$"%"&

-%67("$C%,. +G#$J()+,$467%.

@675#%.

G%,5*#$67%.

f1)$JC%$). B$)(,G%$)%,$".$".

j(4),+G%),$%G. 0("A2$,)$".$-.

U%GG(5. #%$)%"A%.W5"C)$+".$".

%$"%-.j,+44G%),$%G. V$#*44("$)1)%,.

J)%/--/"9K"B/(C;)-/"</("?7/("25'/(&2*,'/5"6(0)*,&/5/5")2&"</5"L2(&/5"

E:E"$2&0/('258"

S$%.?542%,)5"J.%,*+#J)%.6+-D5)%,J%4)/)H).-$)7$#*%.A%4.',+J,(--4.B?tmA(.`T%,4$+".:<=<b3.S$%.Z+A$%,5"J.

A%,.T$J"%))%".%,*+#J)%."(67.@67-$A).`:<=<bI.%$"%-.T%,*(7,%"I.A(4.$7,.H5*+#J%.%$"%.$"7(#)4("(#h)$467%.T(,$&

(")%.A(,4)%##)3.S$%.V(5D)&?542%,)5"J4C()%J+,$%".25,A%".(5*.A%,.O(4$4.K+".W#(K%##.`=klkb.5"A.V(,,$4I.j,(&

7(-I.O,$"A#%.5"A.@("A-%#.`:<<kb.J%G$#A%)3.Y541)H#$67.25,A%".9.4+.K+,.(##%-.$-.V$"G#$6C.(5*.C+J"$)$K%4.E$4&

4%".9.(567.A+-1"%"4D%H$*$467%.',+H%44-+A%##%.7%,("J%H+J%"Q.

=3 C3857'7?/&"F7&&/5"

S$%4.5-*(44).E$44%".H5-.0%4%&.GH23.@67,%$GD,+H%44I.A373.H5.C+"C,%)%".0%4%&.+A%,.@67,%$G(C)$K$)1)%"3.

F".O%H5J.(5*.A$%.S+-1"%.@67,%$G%".4$"A.A$%4.K3.(3.467,%$GD,+H%44G%H+J%"%.C+J"$)$K%.?C)$K$)1)%".2$%.

FA%%"J%"%,$%,5"JI.'#("5"JI.W+,-5#$%,5"J.5"A.U%K$4$+"3.F".O%H5J.(5*.A$%.S+-1"%.0%4%".4$"A.K3.(3.4+J3.

!,J("$4()$+"4&.5"A.L#(G+,()$+"44),()%J$%".J%-%$").`43.W544"+)%.\.(5*.@3=>b3.

:3 ;/')C3857'7?/&"F7&&/5.

(b.+&%/.3&3=&>.;&3&/!?#//&3@.E$44%"./G%,.4$67.4%#G4).+A%,.("A%,%.(#4.0%4%,.+A%,.@67,%$G%,$"I./G%,.%$&

. J%"%.0%4%&.+A%,.@67,%$G*17$JC%$)%".+A%,.&-+)$K()$+".5"A.2$%.4$67.A(4.(5*.A$%.'%,*+,-("H.(542$,C).

Gb.*,4;*=&3=&>.;&3&/!?#//&3@.E$44%"./G%,.?5*J(G%"-%,C-(#%.5"A.$7,%.L**%C)%.(5*.A$%.0^45"J.

6b./$%*$&;#&=&>.;&3&/!?#//&3@.E$44%"./G%,.A$%.@),()%J$%"I.A$%.*/,.A(4.L,,%$67%".%$"%4.G%4)$--)%".`f%$#&b.

...

>.L4.2%,A%".M%2%$#4.'4%5A+"h-%.K%,2%"A%)I.2(4.-$).%$"%-.7+67J%4)%##)%".@)%,".J%C%""H%$67"%).2$,A3.S$%.Z5,4)%$#"%7-%"&

A%".4$"A.5")%,%$"("A%,.4+2$%.-$).A%,.Z5,4#%$)5"J.D%,.S5Q.S$%.W+,467%"A%".25,A%".K+".A%,.Z5,4#%$)5"J.$--%,.(567.-$).T+,&

"(-%.%$"J%*/7,)I.5-.C%$"%.5""^)$J%".V/,A%".(5*H5G(5%"3.L")4D,%67%"A.K%,2%"A%".2$,.7$%,.T+,"(-%".(#4.'4%5A+"h-%3.

(8)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. a.

. Y$%#4.2$67)$J.4$"AI.A(4.C("".D,+H%A5,(#%4.2$%.(567.C+"A$)$+"(#%4.E$44%".4%$".

Ab.-&$*%&;,1*$#:&/!?#//&3@.E$44%"./G%,.A$%.Z+"),+##%.K+".C+J"$)$K%".?C)$K$)1)%"I.4%$.A$%4.'#("5"J.+A%,.

. ?542(7#.K+".@),()%J$%".$-.T%,#(5*.%$"%4.',+H%44I.A$%.gG%,D,/*5"JI.+G.A$%.K%,2%"A%)%".@),()%J$%".

. H$%#*/7,%"A.4$"AI.5"A.G%$.O%A(,*.%$"%.?"D(445"J.A%4.T+,J%7%"4.

%b.?#//&3!A=&%!<$A$>/$%*$&;#&3@.E(7#.%$"%,.J%%$J"%)%".0%4%&.+A%,.@67,%$G5-J%G5"JI.A%,.U/6CJ,$**.(5*.

. %R)%,"%.V$#*%".2$%.V$#*%.A5,67.A$%.Z5,4#%$)5"J.+A%,.%R)%,"%.V$#*4-$))%#.2$%.E^,)%,G567I.F")%,"%).

. %)63I.A(4.Y$%7%".K+".Z+"4%m5%"H%".`uO%#+7"5"Jv.K43.u@),(*%vbI.T%,G(#$4$%,5"J%".$-.0%4%&.+A%,.

. @67,%$GD,+H%44I.A$%.%$"%.5")%,4)/)H%"A%.W5"C)$+".7(G%".`H3O3.#(5).#%4%".G%$.4672$%,$J%".@)%##%"b3.

E$,.4)%##%".H5"1674).$".?G467"$)).d.467,%$GG%H+J%"%4I.$".?G467"$)).\.A("".#%4%G%H+J%"%4.E$44%".A(,3.

M:"+*,(/7%%/@38/5/&"F7&&/5"

S$%.*+#J%"A%.f(G%##%.H%$J).$-.gG%,G#$6C.467,%$GG%H+J%"%4.C+J"$)$K%4.5"A.-%)(C+J"$)$K%4.E$44%".A%,.K$%,.

(54J%217#)%".'%,4+"%"Q.

" H/-/5I" >);35)I" B3(7'@I" +7;35I"

C3857'7?/&"F7&&/5" 9E" A" 9N" M"

;/')C3857'7?/&"F7&&/5" EA" A9" AO" P"

(b.D%,4+"%"G%H+J%". e. e. k. =.

Gb.(5*J(G%"G%H+J%". :. >. e. <.

6b.4),()%J$%G%H+J%". l. \. :. :.

Ab.-%)(,%J5#()$K. =. :. e. <.

%b.@)/)H4),()%J$%". =e. \. >. d.

Q/&);'" MR" AE" EO" 99"

J)%/--/"AK"S2)5'7')'7?/"T%/(&7*,'".%/("+*,(/7%07&&/5"UC3<7/('/"+'/--/5V"

F".A$%4%,.gG%,4$67).*1##).(5*I.A(44.@$-+".$".A%,.@67,%$GK$J"%))%.K%,J#%$6742%$4%.2%"$J.G%,$67)%".C(""3.E$%.

f(G%##%.:.("A%5)%)I.4)%##).4$67.A$%.@$)5()$+".*/,.("A%,%.Z5,4)%$#"%7-%,F""%".%)2(4.("A%,4.A(,I.A373I.4$%.H%$&

J%".5")%,467$%A#$67%.?54D,1J5"J%".(".E$44%"3.S(G%$.$4)."$67).A$%.?"H(7#.(##%,.X%""5"J%".(##%$".(54467#(J&

J%G%"AI.4+"A%,".A$%.?,).5"A.E%$4%I.2$%.H3O3.@),()%J$%".G%J,/"A%).+A%,.$".$7,%,.?"2%"A5"J.A(,J%4)%##).

2%,A%"I.$"2$%*%,".4$%.$-.T%,G5"A.-$).("A%,%".E$44%"4G%,%$67%".(54J%*/7,).2%,A%"3.F-.V$"G#$6C.(5*.@),(&

)%J$%".H5,.FA%%"J%"%,$%,5"J.#144).4$67.A$%4.J5).H%$J%"3.

. "

(9)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. k.

M:9"F/55"4<//5"=/,-/5"

?5*.A$%.W,(J%I.2$%.%,.K+,J%7)I.2%"".%,.%)2(4.467,%$G%".4+##I.$7-.(G%,.A$%.FA%%.*%7#)I.(")2+,)%).@$-+".W+#&

J%"A%4Q.

c(I.A(4.C("".#("J%.A(5%,"3.&.n@$-+".#(67)o.&.c(I.A("".17-.&&.M(.A(""./G%,#%J.$67I.G$4.$67.%$"%.FA%%.7(G%.&.+A%,.J%7%.

H5.M%-("A%-.5"A.*,(J%I.+G.%,.%$"%.FA%%.7()3.&&.!A%,.-("67;.+A%,.M(;.(G%,.%$J%")#$67.$4).M(.&&.-544.-(".M(.4%$"%.%$J%&

"%".FA%%".467,%$G%"3.`?:<I.F"):I.Y:alb.

@$-+".G%467,%$G)."$67)I.2$%.%,.FA%%".*/,4.@67,%$G%".J%"%,$%,%".C("".`rC+J"$)$K%4.E$44%"bI.%,.C("".(567.

C%$"%.@67,%$G4),()%J$%.H5,.FA%%"J%"%,$%,5"J.G%"%""%".`r-%)(C+J"$)$K%4.E$44%"bI.(544%,.A(44.%,.4$67.(##%"&

*(##4.V$#*%.G%$.M%-("A%-.7+#)3.S(4.(G%,.C+"*#$J$%,).-$).4%$"%-.@67,%$GG%J,$**I.A%,.$-.E%4%")#$67%".@67,%$&

G%".(#4.4$"J5#1,%.f1)$JC%$).G%$"7(#)%)3.@$-+".*/J).%,J1"H%"A.("I.A(44.$".%$"%-.4+#67%".W(##.%$J%")#$67.A%,.

("A%,%.467,%$G%".-/44)%I.2%$#.%4.(567.4%$"%.FA%%.2(,3.

@$-+".4+##)%I.A(.%,.K+,.A%-.F")%,K$%2.J%-%$"4(-.-$).B+,$)H.%$"%.@67,%$G(5*J(G%.G%21#)$J).7().5"A.A(.%,.

-$).A%,.7hD+)7%)$467%".@$)5()$+"I.2$%.4$%.-$).A%,.@67,%$GK$J"%))%.4C$HH$%,).2$,AI.A5,67(54.%)2(4.("*("J%".

C(""I.?"C"/D*5"J4D5"C)%.7(G%"3.S(4.H%$J).4$67.4+.$-.F")%,K$%2.M%A+67."$67)3.L4.-544.(".A$%4%,.@)%##%.M%&

A+67."+67-(#4.G%)+").2%,A%"I.A(44.A$%.O%(")2+,)5"J.4+#67%,.W,(J%".7^674).("4D,5674K+##.$4)I.2$%.A$%4.$".

?G467"$)).>3=.(54J%*/7,).25,A%3.?"A%,4.*+,-5#$%,)Q.L4.$4)."$67).(54H5467#$%44%"I.A(44.@$-+".A5,67(54.@),(&

)%J$%".("2%"A%)I.A$%.%,.$".A%,.F")%,K$%24$)5()$+"."$67).G%"%""%".C(""3.?##%,A$"J4.H%$J).A$%.?"(#h4%.A%,.C+&

+D%,()$K%".@67,%$G(5*J(G%I.A(44.@$-+".4$67.%7%,.D(44$K.K%,71#)I.A(44.%,.B+,$)H.M%2%$#4.A$%.F"$)$()$K%.

/G%,#144).5"A.4$67.2%$)J%7%"A.(5*.A$%.U+##%.G%467,1"C)I.B+,$)Hw.T+,467#1J%.J5)H57%$44%".+A%,.(##%"*(##4.

(567.H5.7$")%,*,(J%"3.

V%#%".C("".("(#+J.H5.@$-+".%G%"*(##4.C%$"%.@),()%J$%.G%"%""%"I.A$%.G%$.A%,.FA%%"J%"%,$%,5"J.7$#*,%$67.21&

,%3.@+.(")2+,)%).4$%.(5*.A$%4%#G%.W,(J%.W+#J%"A%4Q.

c(I.2%"".M%-("A.A(.$4)I.C^"")%.$67.*,(J%"3.Y5-.O%$4D$%#.A$%.0%7,%,$".*,(J%"I.M(.2(4.4+##.$67.A%"".A(.A(H5.467,%$G%"3.

_"A.-%$4)%"4.4(J).4$%I.M(.467,%$G.A+67.A(4I.2(4.A$,.J,(A.$".A%".@$"".C+--)3._"A.A("".4(J%.$67I.M(I.2%"".-$,."$67)4.

$".A%".@$"".C+--)I.C("".$67.(567."$67)4.467,%$G%"3._"A."(677%,I.M(I.C+--I.467,%$G.A+67./G%,;./G%,.A%$"%.W(-$#$%.

+A%,;.+A%,.4+"4).%)2(43._"A.A(""I.M(I.C^"")%.$67.%$J%")#$673.?#4+.2$%.4+.%$"%;.%$"%.V$#*%3.F67.J%7%.M%2%$#4.*,(J%".

+A%,.4+3.`?=\I.F"):I.Y=l:b.

V%#%".467%$").(G%,.5-.A%".E%,).K+".@),()%J$%".H5.2$44%"I.$"4G%4+"A%,%.2%"".4$%."$67).A(,/G%,.K%,*/J)Q.

@$%.2%$44I.A(44.A%,.J("H%.@67,%$GD,+H%44.J%*17,A%).$4)I.2%"".%4.$7,."$67).J%#$"J)I.FA%%".H5.J%"%,$%,%"3.O%$.

("A%,%".V$#*%.7+#%".9.%$"%.)hD$467%.%R)%,"%.@)/)H4),()%J$%.9.2$,A.K+".$7,.A%"".(567.$".A$%4%-.Z+")%R).J%&

4%7%".5"A.$4).*/,.V%#%".9.("A%,4.(#4.G%$.@$-+".9."$67)."%J()$K.G%4%)H)3.B%7,."+67Q.S$%.@)/)H4),()%J$%.NG%$.

("A%,%".V$#*%.7+#%"P.2$,A.K+".$7,.(,J5-%")()$K.J%4)/)H)I.C("".4$%.A+67.A$%.O%A$"J5"J%"."%""%"I.5")%,.A%&

"%".A$%4%.@),()%J$%.*/,.4$%.4$""K+##.$4)3.E$%.f(G%##%.:.H5A%-.("A%5)%)I.4D$%#%".@)/)H4),()%J$%".G%$.$7,.(567.

%$"%.K%,J#%$6742%$4%.J,+44%.U+##%3.

L$"%".J("H.("A%,%".?4D%C).G,$"J).B+,$)H.G%$.A%,.J#%$67%".W,(J%.$"4.@D$%#Q.FA%%"J%"%,$%,5"J.5"A.A(4.T%,&

4)%7%".A%,.@67,%$G(5*J(G%.J%7^,%".*/,.$7".J("H.%"J.H54(--%"3.L,.*/7,).A$%4.2$%.*+#J).(54Q.

B.%#$>@.c(I.(#4+.$67.C("".%,4).-$).%)2(4."$67)4.("*("J%"I.2%"".$67.%4."$67).K%,4)%7%3.?#4+.2%"".$67.%$"%.?5*J(G%.

K%,4)%7%I.2%"".$67.2%$44I.2+,5-.%4.J%7)I.C("".$67.4$67%,.%)2(4.A(-$).("*("J%"3.F67;.$67.G$".M%)H)."$%.$".%$"%.4+#&

67%.@$)5()$+".J%C+--%"3.nxo.

C3$&%:#&D&%#3@.y7-I."%7-%".2$,."+67.$".4+.%$"%-.W(##.2$%.M%)H).7$%,.("I.&.nxo.A$,.21,%.A$%.?5*J(G%.C#(,I.(G%,.A5.

71))%4)."+67.C%$"%.FA%%I.2(4.A5.467,%$G%".C^"")%4)3.E(4.-(674).A5.A(""z.

B.%#$>@!E%"".%4.-$,.C#(,.21,%z.S("".71))%.$67.4$67%,.%$"%.FA%%3.`?=kI.F"):I.Y::d9:>db.

S(4.K+,J1"J$J%.Z#1,%".A%4.@67,%$G(5*),(J4.*$"A%).4%$"%.L")4D,%675"J.$-.C++D%,()$K%".@67,%$GD,+H%44.-$).

@$-+"Q.B+,$)H.#$%4).A%".@67,%$G(5*),(J."+67-(#4.A5,67I.-^67)%.4$67.-$).@$-+".K%,4$67%,"I.A(44.4$%.K%,&

4)("A%".7(G%"I.2(4.J%"(5.4$%.)5".4+##%"3.S(G%$.C#1,%".4$%.(567._"C#(,7%$)%"3.B+,$)H.$4).%4.A("".(567I.A%,.

%RD#$H$)."(67.A%-.@67,%$GH$%#.*,(J)I.2$44%".-^67)%I.2(4.4$%.-$).$7,%-.f%R).%,,%$67%".2+##%"3.S$%4%.Z#1,5"J.

A(5%,).6(3.e.B$"5)%".5"A."$--).-$).%$"%-.@$%G)%#.%$"%".,%67).J,+44%".f%$#.A%4.J%4(-)%".@67,%$GD,+H%44%4.

%$"I.A%,.$"4J%4(-).d=.B$"5)%".A(5%,)3.

W/,.B+,$)H.7("A%#).%4.4$67.(G%,.5-.%$".T+,J%7%"I.A(4.4%7,.H%$)(5*2%"A$J.$4).`?=kI.F"):I.Y==:b.5"A.4$67.4+.G%$.

'%,4+"%".-$).J5)%".@67,%$GC+-D%)%"H%"."$67).H%$J%".2/,A%Q.

(10)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. =<.

F67.C("".-$,.K+,4)%##%"I.M%-("AI.A%,.J5).467,%$G%".C(""I.A%,.467,%$G).A(4.J,(A.%$"-(#.A5,673.&._"A.#$%4)."+67.%$"&

-(#.A5,673.E%"".%4.$".!,A"5"J.$4)I.A("".$4).A(4.%$"%.@(67%.K+".*/"*.B$"5)%"I.(##%,7^674)%"43.`?=kI.F"):I.Y=:db.

j#%$67H%$)$J.$4).4$67.B+,$)H.(G%,.G%2544)I.A(44.@67,%$G%".J,5"A41)H#$67.%)2(4.@672$%,$J%4.$4)I.A(44.N@67,%$&

G%".7(#).467+".4+.(5*J%G(5).$4)I.A(44.%4.4672$%,$J.4%$".-544P.`?=kI.F"):I.Y:ldb3.

E%"".B+,$)H.%$".@67,%$G(5*),(J."$67).C#(,.21,%I.A("".9.A$%4.*/7,).%,.$-.F")%,K$%2.(54.9.2/,A%.%,.4$67.%G%"&

*(##4.(".A$%.Z5,4#%$)5"J.2%"A%"I.A+67."$67)I.2%$#.4$%.$7-.G%$.A%,.O%21#)$J5"J.A%,.?5*J(G%.7%#*%".4+##)%I.

4+"A%,".2%$#.%4.4%$"%,.?5**(445"J."(67.$7,%.?5*J(G%.$4)I.$7-.A$%.?5*J(G%.4+.H5.%,C#1,%"I.A(44.%,.K%,4)%7)I.

2+,5-.%4.J%7)3.E%"".%4.A%,.Z5,4#%$)5"J."$67).J%#$"J)I.$7-.A$%.?5*J(G%.H5.%,#15)%,"I.A("".71))%.%,.(567.

C%$".467#%67)%4.j%2$44%"I.A$%.@67,%$G(5*J(G%."$67).H5.#^4%".`?=kI.F"):I.Y::ab3.S(-$).%,71#).NV$#*%.7+#%"P.G%$.

$7-.$-.T%,J#%$67.H5.@$-+".+A%,.V%#%".%$"%.J("H.("A%,%.O%A%5)5"JQ.S%,.f%R)D,+A5C)$+"4D,+H%44.+G#$%J).

"(67.2$%.K+,.$7-p.?5*J(G%.A%,.Z5,4#%$)5"J.$4).%4.#%A$J#$67I.$7".A(G%$.H5.5")%,4)/)H%"3.

S(4.T%,4)%7%".%$"%,.@67,%$G(5*J(G%.2$,A.K+".U(-+"(.H5"1674).("(#+J.H5.B+,$)H.("J%*/7,)Q.E%"".4$%.%$"%.

@(67%."$67).K%,4)%7)I.A("".71))%.4$%.B/7%I.("H5*("J%".`?=eI.F"):I.Y:a>b3.?##%,A$"J4.K%,71#).4$%.4$67.G%$.

@672$%,$JC%$)%".("A%,4Q.@$%.,%(J$%,).H5"1674).%$"-(#.%-+)$+"(#Q.

?#4+I.$67;.$67.2/,A%.2(7,467%$"#$67."$67).H5*,$%A%".)^"%"3.F67.2/,A%.H5%,4).A(,/G%,.-+)H%"I.2(4.A(;.2(4.*/,.%$"%.

@67%$44(5*J(G%.A(4.$4).5"A.A("".17-.K%,4567%.$67.4$67%,.-(#.H5.#%4%".nxo3._"A.%$"*(67.A(4.(5*467,%$G%"I.2(4.$67.

(567.K%,4)("A%".7(G%3.B%7,.2/,A%.$67.M%)H).(567."$67).A(J%J%".-(67%"3._"A.2%"".4$%.nr.A$%.Z5,4#%$)%,$"o.M%)H).

4(J)I.$4).H5.2%"$JI.A("".17;.A("".$4).C#(,I.A("".2%,*%.$67.A%".'$6C%#.(".A$%.E("A.nr.J%G%.$67.(5*o3.S("".4(J%.$67I.

-(67;.-(67.4%#G%,.+A%,.4+3.?#4+.A(,(5*.7(G%.$67.J(,.C%$"%.j%A5#A3.`?=eI.F"):I.Y:l>b.

?5**1##$J.$4)I.A(44.4$%.2%"$J.5")%,"$--)I.A$%.?5*J(G%.G%44%,.K%,4)%7%".H5.C^""%"Q.F7,%.-+)$K()$+"(#%.L$"&

4)%##5"J.H5-.@67,%$G%".4)%##).7$%,H5.%$".V$"A%,"$4.A(,3.V$"H5.C+--)I.A(44.@67,%$G%".*/,.4$%.(567.C%$".2$67&

)$J%,.O%4)("A)%$#.$".$7,%-.0%G%".$4)Q.@$%.%,#%G%.$".O%H5J.(5*.@67,%$G%"."$67)4.-%7,I.2%$#.4$%.%G%".(,G%$)%.

`?=eI.F"):I.Y:a>b3.

U(-+"(.2/,A%.(G%,.9.2$%.4$%.(".("A%,%,.@)%##%.%,217").9.A+67.A$%.Z5,4#%$)%,$".7+#%"I.A$%.$7,.A$%.E^,)%,I.

A$%.4$%.G%$.%$"%,.?5*J(G%."$67).K%,4)%7)I.%,C#1,%".4+##%3.?567.2%"".$7,.C#(,.H5.4%$".467%$")I.A(44.4$%.%$"%.?5*&

J(G%.K%,4)%7%".-544I.5-.FA%%".H5.G%C+--%"I.G%467,1"C).4$67.A(4.Z#1,%".G%$.$7,.(5*.#+C(#%.',+G#%-%3.

E%"".A$%.#+C(#%".',+G#%-%.J%#^4).4$"AI.$4).4$%.4$67.(567."$67).4$67%,I.2$%.4$%.2%$)%,*17,)Q.T$%##%$67)I.4+.-%$").

4$%I.2/,A%.4$%.A("".H5.467,%$G%".K%,4567%"3.Y2(,.H%$J).4$67.G%$.$7,.A(-$).("4()H2%$4%.-%)(C+J"$)$K%4.@),(&

)%J$%2$44%"I.A(.4$%.V$#*%.G%$.A%,.Z5,4#%$)%,$".7+#)I.2%"".4$%.E^,)%,."$67).K%,4)%7)I.A$%.?"2%"A5"J.A%,.

@)/)H4),()%J$%.G%467,1"C).4$67.(G%,.(5*.#+C(#%.',+G#%-%.5"A.2$,A."$67).(5*.A$%.FA%%"J%"%,$%,5"J.(54J%2%$&

)%)3.S$%.W,(J%I.2(4.4$%.)5)I.2%"".4$%.C%$"%.FA%%.G%$-.@67,%$G%".7()I.C("".4$%.A(-$).#%)H)#$67."$67).G%(")2+,&

)%"3.

F".O%H5J.(5*.A$%.FA%%"J%"%,$%,5"J.H%$J).4$67.H54(--%"J%*(44).W+#J%"A%4Q.Y2(,.J$G).%4.Z5,4)%$#"%7-%"A%I.

A$%.2$%.@$-+".C%$".+A%,."5,.%$".4%7,.J%,$"J%4.@),()%J$%2$44%".H%$J%"I.$7"%".4)%7%".(G%,.A+67.Z5,4)%$#&

"%7-%"A%.J%J%"/G%,I.A$%.2$%.V%#%".+A%,.U(-+"(.("4()H2%$4%./G%,.@),()%J$%2$44%".K%,*/J%".5"A.)%$#&

2%$4%.2$%.B+,$)H.(567.%$"%.T+,4)%##5"J./G%,.A$%.W5"C)$+".K+".G%4)$--)%".@),()%J$%".%")2$6C%#).7(G%"3.

j#%$67H%$)$J.H%$J).4$67.(567.G%,%$)4.$".O%H5J.(5*.%$"%.f%$#D7(4%.A%4.@67,%$GD,+H%44%4I.A(44.5"J/"4)$J%.-+&

)$K()$+"(#%.L$"4)%##5"J%".+A%,.T+,4)%##5"J%"./G%,.A(4.@67,%$G%".%$".V$"A%,"$4.$-.@67,%$GD,+H%44.A(,4)%##%".

C^""%"3.S(4.*/7,%".2$,.$-.*+#J%"A%".?G467"$)).$-.V$"G#$6C.(5*.(##%.f%$#D7(4%".%$"%4.@67,%$GD,+H%44%4.(54I.

5"A.H2(,.("7("A.%$"%,.W(##A(,4)%##5"J.K+".V%#%"3.

M:A"F/55"+*,(/7%/5"25<"W/5C/5"@28-/7*,"&*,0/("=X--'"!"/75"Y)--%/7&G7/-"

S$%.@67,%$GK$J"%))%.G%J$"").-$).A%,.W,(J%I.+G.V%#%".2$%.A$%.7hD+)7%)$467%.Z5,4)%$#"%7-%,$".%$"%.@$)5()$+".

C%"")I.$".A%,.4$%.-$).%$"%,.?5*J(G%."$67)4.("*("J%".C+"")%3.@$%.G%M(7).A$%4.5"A.$##54),$%,).A$%4.-$).U/6CJ,$**.

(5*.%$"%.C+"C,%)%.@67,%$G(5*J(G%.(54.A%-.Z5,4I.G%$.A%,.4$%.H5.%$"%-.O$#A.%)2(4.71))%.467,%$G%".4+##%"Q.

Y5%,4).4(J.$67.A(""I."%$"I.M%)H).467+".2$%A%,.4+;.A(4;.A(4.J%7).G%$.-$,.%7."$67).5"A.4+3._"A.A("".-(67.$67w4.7(#).

5"A.A("".A%"C%.$67I.M(.A+67I.%4.$4).M(;.A(4."(677%,.K+,#%4%".$4).M(.A+67."+67.467^"I.A(.4%7%".A$%.("A%,%"I.2(4.A5.

J%A(67).7(4).5"A.4+3.?G%,.H5%,4).$--%,.4+.%$"%".@675D*.J%G%".nr.4$67.-+)$K$%,%"o3.c%)H).D,+G$%,.%4.A+67.-(#3.

?G%,.%4.J(Gw4.(567.467+"I.A(44.$67.*("AI."%$"I.A(.-(67%.$67.#$%G%,.%)2(4.("A%,%43._"A.A("".4(J).4$%.nr.A$%.Z5,4#%$&

)5"JoI.(G%,.%4.21,%.J5).*/,.A$673._"A.A("".4(J.$67I.M(I.M(.`$67.-(67zb3._"A.A("".4(J).4$%I.C+--I.467,%$G.A+67."+67.

%)2(43.S5.2%$44).4$67%,.%)2(43._"A.A("".-(67.$67.M%2%$#4."+673.`?=\I.F"):I.Y=e:b.

(11)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. ==.

L$"%,.("A%,%".Z5,4)%$#"%7-%,$"I.A$%.$".A%,.J#%$67%".@$)5()$+".21,%I.2/,A%.4$%.A(4.j#%$67%.,()%"3._"A.4$%.

*/J).("I.A(44.A$%4%.%)2(4.467,%$G%".4+##%I.5-.%")2%A%,.%)2(4.K+,#%4%".H5.C^""%".+A%,.%$"*(67I.A(-$).4$%.

%)2(4.J%-(67).7().`?=\I.F"):I.Y=edb3.S%,.4+H$(#%.?4D%C).A%4.T+,#%4%"4I.A%".V%#%".7$%,.("4D,$67)I.467%$").

%$"%.2$67)$J%.B+)$K()$+"44)/)H%.*/,.4$%.H5.4%$"I.H5-(#.4$%.4%#G4).4+#67%".+A%,.(567.("A%,%".@67,%$G(5*J(&

G%".C%$"%".@$"".(GJ%2$""%".C("".5"A.A$%.A(-$).K%,G5"A%"%".V%,(54*+,A%,5"J%".*/,.4$%.(567.`H5b.7+67.

4$"A3.

E$%.2$,.G%,%$)4.J%4%7%".7(G%"I.J,%$*).V%#%".G%$.A%,.FA%%"J%"%,$%,5"J.K+,.(##%-.(5*.A$%.V$#*%.A%,.Z5,4#%$&

)5"J.H5,/6C3.L$"%.%$J%")#$67%.@),()%J$%.H5,.j%"%,$%,5"J.K+".FA%%".C("".4$%."$67).("*/7,%"3.O%$.A%,.J%-%$"&

4(-.-$).U(-+"(.G%21#)$J)%".C++D%,()$K%".@67,%$G(5*J(G%.*1##).(567.(5*I.A(44.4$%.5"A.U(-+"(.4+*+,).

A,(5*#+4467,%$G%".5"A.FA%%".#+C(#.5"A.(44+H$()$K.%")2$6C%#"I.A(4.7%$44)I.%$"%.FA%%.+A%,.W+,-5#$%,5"J.#^4).

%$"%."%5%.FA%%.5"A.W+,-5#$%,5"J.(543.S(-$).H%$J).4$%.J%-%$"4(-.-$).U(-+"(.%$"%".@67,%$GD,+H%44I.A%,.9.

2$%.$".?G467"$)).:.A(,J%#%J).9.C%""H%$67"%"A.*/,.4672(67%.@67,%$G%,F""%".$4).5"A.4$67.(#4.4%m5%"H$%##%4.

@67,%$G%".G%H%$67"%".#144)3.S(44.V%#%".C%$"%.@),()%J$%.H5,.FA%%"J%"%,$%,5"J.G%"%""%".C(""I.%,467%$").K+,.

A$%4%-.V$")%,J,5"A.J%2$44%,-(44%".(#4.#+J$467%.Z+"4%m5%"H3.

V%#%".H%$J).A$**%,%"H$%,)%4.D%,4+"%"G%H+J%"%4.-%)(C+J"$)$K%4.E$44%"I.A(4.7%$44)I.4$%.C("".J%"(5.G%"%"&

"%"I.2(4.4$%.G%$-.@67,%$G%".J5).C("".5"A.2(4.2%"$J%,Q.@$%.C^""%.G%44%,."5,.A%"C%".G%$-.@67,%$G%"I..

A%"C%".5"A.467,%$G%".H5J#%$67.*1##).$7,.A(J%J%".4672%,.`?=\I.F"):I.Y=lab3d.@+.A$C)$%,).4$%.-("67-(#.$7,%".

f%R).M%-("A%-I.2%"".$7,.A(4.W+,-5#$%,%".4672%,.*1##)I.4$%.(G%,.2%$44I.2(4.4$%.467,%$G%".-^67)%.`?=\I.F"):I.

Y=ldb3.V%#%".2%"A%).A(-$).(#4+.%$"%.@),()%J$%.("I.A$%.-$).$7,%-.D%,4+"%"G%H+J%"%".E$44%".$".L$"C#("J.

4)%7)3.@$%.K%,2%$4).A(G%$.(5*.A$%.H5K+,.J%#^4)%.C++D%,()$K%.@67,%$G(5*J(G%I.G%$.A%,.4$%.K+,.(##%-.FA%%".

%")2$6C%#)I.*+,-5#$%,).5"A.$7,%,.@67,%$GD(,)"%,$".-%7,.+A%,.2%"$J%,.A$C)$%,).7()I.A$%.*/,.4$%.(#4+.J%"(5.%$"%.

4+#67%.@$)5()$+".A(,4)%##)3.

E%"".V%#%".%$"%".f%R).J%467,$%G%".7()I.4$%.(G%,."+67."$67).,%67).H5*,$%A%".-$).$7,%-.f%R).$4)I.A("".#$%4).

4$%.$7"."+67-(#4.A5,67.5"A.467(5)I.2+.%4."+67.W%7#%,.7().+A%,.+G.A%,.f%R).@)%##%".%")71#)I.A$%.4$%.4%#G%,.

"$67).#%4%".C(""3.E%"".A(4.A%,.W(##.$4)I.4),%$67).4$%.%4.A5,67.5"A.467,%$G).%4."+67-(#4.7$"3.E%"".4$%.$--%,.

"+67."$67).H5*,$%A%".$4)I.C("".%4.4%$"I.A(44.4$%.A%".J("H%".f%R).A5,674),%$67).5"A."+67-(#4."%5.("*1"J)Q.

S("".4),%$67.$67.A(4.A5,67I.467,%$G.%4."+67-(#4.7$".5"A.A%"C%.4+I.(G%,.%4.J%*1##).-$,.$--%,;.$,J%"A2$%.$--%,.

"+67."$67).J("H3._"A.A("".4),%$67.$67.%4.-%$4)%"4.7(#).J("H.A5,67.+A%,.467,%$G4."+67-(#43.j%7).H2(,.%)2(4.#1"&

J%,I.(G%,.A(*/,.$4).%4.A("".K$%##%$67).%$".G$4467%".G%44%,.J%467,$%G%"3.nxo.`?=\I.F"):I.Y=aeb.

F"4J%4(-).G%467,%$G).4$%.%$"%.U%K$4$+"44),()%J$%I.A$%.H5-.%$"%".!G%,*#167%"-%,C-(#%.*+C544$%,)I.H5-.("&

A%,%".2$%.A$%.("A%,%".f%$#D,+H%44%.%7%,.#+C(#.*5"C)$+"$%,)I.$"A%-.4$%.G%$.A%,.LK(#5()$+".$7,%4.f%R)%4."$67).

K+".%$"%-.@67,%$GH$%#.+A%,.A%,.$")%"A$%,)%".E$,C5"J.$7,%4.f%R)%4.(54J%7)3.V$"H5.C+--)I.A(44.$7,%.@),()%&

J$%I.%$"%".f%R).J("H.A5,67H54),%$67%".5"A."+67-(#4.K+".K+,"%.H5.G%J$""%"I.(567.$7,.(#4.2%"$J.%,*+#JK%,&

4D,%67%"A.%,467%$")3.@)%##%".2$%.A$%4%.#%J%"."(7%I.A(44.4$%./G%,.C%$"%.("A%,%.@),()%J$%.H5.K%,*/J%".

467%$")3.

LR)%,"%.@)/)H4),()%J$%".4D$%#%".$-.@67,%$G%".K+".V%#%".%$"%.2$67)$J%.U+##%I.2(4.4$67.(567.(".A%,.7+7%".

Y(7#.(".X%""5"J%".H%$J).`KJ#3.f(G%##%.:I.@3.abQ.O%$.("A%,%".V$#*%.7+#%".$4).(567.A%,.%,4)%.U()467#(JI.A%".4$%.

M%-("A%-.%,)%$#%".2/,A%I.A%,."$67).2%$44I.2$%.%,.G%$.%$"%,.@67,%$G(5*J(G%.K+,J%7%".4+##3.@$%.G%J,/"A%).

A(4.A(-$)I.A(44.4$%.4%#G%,."$67).K$%#.2%$44I.5"A.*/J).("Q.

S("".4(J%.$67I.M(I.*,(J.A+67.%$"*(67.J,(A.M%-("A.("A%,4I.A%,.%4.%$".G$4467%".G%44%,.2%$443.Y5-.O%$4D$%#.4+.M(;.H5-.

O%$4D$%#.A%".0%7,%,.+A%,.4+"4).M%-("A%"I.A%,.%4.G%44%,.2%$44.5"A.4+3.nxo.5"A.$67.4+.M(I.#$%G%,.*,(J4).A5.M%-("A.

("A%,4I.(#4.2%"".A5.A("".%$"%".7(#G%".f%R).J%467,$%G%".7(4).+A%,.%$".7(#G%4.U%;.U%H%D)I.5"A.A("".2$##4).A5.A(4.

-(#.C+67%".5"A.A%"C4).4+I.17I.5"A.M%)H)z.O$".$67.(-.Z+67%".5"A.7(G%.J(;.),+)HA%-."$67)43.`?=\I.F"):I.Y=aab.

L$"%.'%,4+"I.A$%.J5).467,%$G%".C(""I.$4).*/,.V%#%".(567.M%-("AI.A%,.$7,.G%$-.@67,%$G%".7%#*%".C("".`?=\I.

F"):I.Y.==:b3.E$%.4$%.(".("A%,%,.@)%##%.(54*/7,#$67.G%467,%$G)I.G%A%5)%).V%#*%".$".%,4)%,.0$"$%I.A(44.4$%.%,H17#)I.

2+,5-.%4.J%7)I.5"A.A$%.("A%,%.'%,4+".A("".467,%$G)3.@$%.A%"C).A(G%$.(".$7,%.@672%4)%,.+A%,.(".$7,%.B5)&

)%,.`?=\I.F"):I.Y=k:b3.

...

d.S$%.@672$%,$JC%$)I.J#%$67H%$)$J.A%"C%".5"A.467,%$G%".H5.C^""%"I.J$#).(#4.2$67)$J%,.j,5"A.*/,.4+#67%,(,).4%m5%"H$%##%4.@67,%$&

G%".`V(h%4.:<=:bI.2$%.%4.G%$.A%,.C++D%,()$K%".@67,%$G(5*J(G%.H5.G%+G(67)%".$4)E.

(12)

...?*,(.@)5,-.5"A.B($C.'7$#$DD. =:.

Y54(--%"*(44%"A.#144).4$67.C+"4)()$%,%"I.A(44.V%#%".$-.Z%,"./G%,.J/"4)$J%4.D%,4+"%"G%H+J%"%4.E$44%".

K%,*/J).5"A.("4()H2%$4%.%$"%.T+,4)%##5"J./G%,.A$%.W5"C)$+".K+".@67,%$G4),()%J$%".%")2$6C%#).7()3.S$%.K+".

$7,.("J%2%"A%)%.@),()%J$%.A%4.S$C)$%,%"4.$4).H2(,.*5"C)$+"(#.5"A.2$,A.K+".$7,.(567.J5).G%J,/"A%)Q.S(.4$%.

(G%,.$"4J%4(-).4)(,C.(5*.%R)%,"%.@)/)H4),()%J$%"I.K+,.(##%-.(5*.V$#*%.A5,67.A$%.Z5,4#%$)5"J.+A%,.("A%,%.

'%,4+"%".4%)H)I.C("".4$%.C%$"%.@),()%J$%".%")2$6C%#"I.G%$.A%,.4$%.A%".@67,%$GD,+H%44.4%#G4)./G%,"$--).+A%,.

4)%5%,)3.j%"(5.A(4.21,%.(G%,."^)$JI.5-.A%".J%J%"21,)$J%".J%4%##467(*)#$67%".?"*+,A%,5"J%".J%"/J%".H5.

C^""%".`KJ#3.?G467"$)).=b3.

R:"D/&/%/@38/5/&"F7&&/5"

S$%.*+#J%"A%.f(G%##%.H%$J).H5"1674).$-.gG%,G#$6C.#%4%G%H+J%"%4.C+J"$)$K%4.5"A.-%)(C+J"$)$K%4.E$44%".A%,.

K$%,.(54J%217#)%".'%,4+"%"3.Y5"1674).*1##).(5*I.A(44.$-.T%,J#%$67.H5,.S+-1"%.@67,%$G%".(##J%-%$".%7%,.

2%"$J.G%,$67)%).2$,A3.F""%,7(#G.A%,.S+-1"%.0%4%".H%$J).4$67.(5*.A%".%,4)%".O#$6C.A(J%J%"."$67)4.?5**1##$&

J%4Q.S$%._")%,467$%A%.+**%"G(,%".4$67.%,4).$".A%,.?,).5"A.E%$4%I.2$%.%)2(4.%,H17#).2$,A3.

" H/-/5I" >);35)I" B3(7'@I" +7;35I"

C3857'7?/&"F7&&/5" R" R" E" A"

;/')C3857'7?/&"F7&&/5" P" 9E" R" O"

(b.D%,4+"%"G%H+J%". :. \. :. =.

Gb.(5*J(G%"G%H+J%". <. <. <. =.

6b.4),()%J$%G%H+J%". >. >. :. :.

Ab.-%)(,%J5#()$K. =. >. <. <.

%b.@)/)H4),()%J$%". =. :. =. :.

Q/&);'" 9A" 9Z" Z" Z"

J)%/--/"EK"S2)5'7')'7?/"T%/(&7*,'".%/("-/&/%/@38/5/&"F7&&/5"UC3<7/('/"+'/--/5V"

?"(#+J.H5,.S+-1"%.@67,%$G%".G%#%567)%".2$,.$".?G467"$)).\3=.H5"1674).5")%,467$%A#$67%.?54D,1J5"J%".

4+2$%.Z+"4$4)%"H%".5"A.O,/67%Q.S$%4%.4)%##%".2$,.$-.V$"G#$6C.A(,(5*.A(,I.2$%.A$%.(54J%217#)%".K$%,.L,&

2(674%"%".-$).0%4%(5*J(G%".5"A.$7,%".%$J%"%".@672$%,$JC%$)%".G%$-.0%4%".5-J%7%"3.F".?G467"$)).\3:.

2$,A.("7("A.%$"%,.W(##A(,4)%##5"J.K+".B+,$)H.A%5)#$67%,.C+")5,$%,)I.2$%.4$67.O,/67%I.J/"4)$J%.5"A.%7%,.5"&

J/"4)$J%.E$44%"G%4)1"A%.H%$J%"3.

R:9"F7/"<7/"6(0)*,&/5/5";7'"D/&/)2=8)%/5"25<"+*,07/(78C/7'/5"2;8/,/5"

E$%.467+".G%$-.@67,%$G%".A%5)%).4$67.G%$.A%".K$%,.Z5,4)%$#"%7-%"A%".("I.A(44.4$%./G%,.5")%,467$%A#$67.

(54J%D,1J)%.E$44%"4G%4)1"A%.K%,*/J%"I.A(,5")%,.G%$-.+&%/.3&3=&>.;&3&3!?#//&33.L4.#(44%".4$67.H5"1674).

5")%,467$%A#$67%.L$"4671)H5"J%".$7,%4.f%R)K%,4)%7%"4.5"A.-^J#$67%.j,/"A%.*/,.@672$%,$JC%$)%".A(G%$.(5*&

H%$J%"3.

@$-+".%)2(.G%),(67)%).4$67.(#4.M%-("A%"I.A%,."$67).467#%67).#%4%I.G%$-.0%4%".#("J4(-.4%$I.(G%,.A%""+67.

K%,4)%7%I.2(4.%,.#$%4)3.S%""+67.,15-).%,.(".%$"%,.("A%,%".@)%##%.%$"I.(G.5"A.H5.%$"%".f%R).N"$67).4+.J("HP.

H5.K%,4)%7%".`?:<I.F"):I.Y>dkb3.L,.G%H$%7).@672$%,$JC%$)%".(5*.%$"H%#"%.E^,)%,.5"A.2/,A%.$".%$"%-.4+#67%".

W(##.(567.*,(J%"I.2(4.%,.(G%,.9.2$%.%,.G%)+").9.J(,."$67).J%,".)5%3.F"4J%4(-).H%$J).@$-+".$-.F")%,K$%2.(567.

$".O%H5J.(5*4.0%4%".J%,$"J%4.E$44%".5"A.7$"4$67)#$67.4%$"%,.L$"4)%##5"J.H5,.%R)%,"%".@)/)H4),()%J$%.NV$#*%P.

%$"%.G%-%,C%"42%,)%.'(,(##%#%.H5-.@67,%$G%"3.

S$%.("A%,%".F")%,K$%2)%".7(G%".A$**%,%"H$%,)%,%.@$67)2%$4%"3.U(-+"(.*/7,).9.("A%,4.(#4.@$-+".9.("I.4$%.4%$.

*#/44$J.G%$-.0%4%"I.7(G%.(G%,.',+G#%-%.G%$-.T%,4)%7%"I.4+G(#A.4$%.(5*.4672$%,$J%.E^,)%,.),%**%3.y7"#$67%4.

G%,$67)%).V%#%"3.B+,$)H.A$**%,%"H$%,)."+67.4)1,C%,I.$"A%-.%,.4$67.4%#G4).G%$.Y%$)5"J4&.5"A.F")%,"%))%R)%".

J5)%.0%4%*17$JC%$)%".())%4)$%,)I.(G%,.G%$.W(67G/67%,".-%7,.@672$%,$JC%$)%".7(G%3.L,.G%"%"").*/,.A$%.W(67&

)%R)%I.A(44.%,.%")4D,%67%"A%4.E$44%".G%"^)$J%I.5-.4$%.H5.K%,4)%7%"3.

Références

Documents relatifs

On peut en effet dd- terminer les dites conditions par une extension tr~s facile ~t effectuer des considerations employ6es par ABEL daBs ses deux M6moires&#34;

Si nous nous reportons aux r~sultats contenus dans notre travail relatif aux formes quadrilin6aires, nous verrons ais~ment que la condition A -~ o, entraine

on peut choisir par exemple de placer le repère au centre de la règle ou bien sur les bords gauche (axe vertical) et bas (axe horizontal).. si on choisit un repère sur els bords de

Let us recall that the fluid permeability arising in Darcy’s law (49) can be expressed in terms of a certain scaled auxiliary velocity field for periodic media (see e.g. Allaire)

a conduit à des transformations structurelles importantes, induites par la réunification des deux parties, 1930 et 1960, la réalisation d’un patio, et, plus globalement, le

• Cette équation étant valable pour tout régime sinusoïdal, elle est aussi valable pour tout régime variable ; on peut par précaution vérifier que le régime

parfaits fonc- tionnant en régime linéaire. L'ensemble, inséré dans un circuit par l'intermédiaire des deux bornes A et B, se comporte comme un dipôle soumis à une tension

Déterminer la valeur moyenne de la puissance transportée par