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6CDNGQHEQPVGPVU
5CHGV[RTGECWVKQPU
5#('6;24'%#76+105&74+0)/#+06'0#0%'144'2#+4
)GPGTCNFGUETKRVKQP
'.'%6410+%9#6'4&4#+05
'9&
126+10#.
'NGMVTQPKMQP++TGIWNCVQT
56#675#/'07
/'#574'&#/'07
/1&+(;+0)%10(+)74#6+105'66+0)5
241)4#//#$.'5'66+0)5(14)#85&7261)#85&
15&QKNEQPFGPUCVGUGRCTCVQT
QRVKQPCN
'PGTI[TGEQXGT[
QRVKQPCN
+PUVCNNCVKQP
+056#..#6+10241215#.
'.'%64+%#.%100'%6+105
1RGTCVKPIKPUVTWEVKQPU
/CKPVGPCPEG
24'8'06+8'/#+06'0#0%'5%*'&7.'
#FLWUVOGPVUCPFUGTXKEKPIRTQEGFWTGU
6GEJPKECNFCVC
+PUVTWEVKQPOCPWCN
5CHGV[RTGECWVKQPU
5CHGV[KEQPU
'ZRNCPCVKQP
&CPIGTHQTNKHG
9CTPKPI
+ORQTVCPVPQVG
5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQP
#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT
KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[
UVCVGFYKNNDGFKUENCKOGFD[VJGOCPWHCEVWTGT
)GPGTCNRTGECWVKQPU
6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFTGIWNCVKQPU
+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
+PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF
URGEKCNKUGFRGTUQPPGN
6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
$GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF
0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG
0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ
GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP
+PUVTWEVKQPOCPWCN
2TGECWVKQPUFWTKPIKPUVCNNCVKQP
6JGOCEJKPGOWUVQPN[DGNKHVGFWUKPIUWKVCDNGGSWKROGPVKPCEEQTFCPEGYKVJNQECNUCHGV[
TGIWNCVKQPU.QQUGQTRKXQVKPIRCTVUOWUVDGUGEWTGN[HCUVGPGFDGHQTGNKHVKPI+VKUUVTKEVN[HQTDKFFGP
VQFYGNNQTUVC[KPVJGTKUM\QPGWPFGTCNKHVGFNQCF.KHVKPICEEGNGTCVKQPCPFFGEGNGTCVKQPOWUVDG
MGRVYKVJKPUCHGNKOKVU9GCTCUCHGV[JGNOGVYJGPYQTMKPIKPVJGCTGCQHQXGTJGCFQTNKHVKPI
GSWKROGPV
2NCEGVJGOCEJKPGYJGTGVJGCODKGPVCKTKUCUEQQNCPFENGCPCURQUUKDNG+HPGEGUUCT[KPUVCNNC
UWEVKQPFWEV0GXGTQDUVTWEVVJGCKTKPNGV%CTGOWUVDGVCMGPVQOKPKOKUGVJGGPVT[QHOQKUVWTGCV
VJGKPNGVCKT
#P[DNCPMKPIHNCPIGURNWIUECRUCPFFGUKEECPVDCIUOWUVDGTGOQXGFDGHQTGEQPPGEVKPIVJG
RKRGU
#KTJQUGUOWUVDGQHEQTTGEVUK\GCPFUWKVCDNGHQTVJGYQTMKPIRTGUUWTG0GXGTWUGHTC[GFFCOCIGF
QTYQTPJQUGU&KUVTKDWVKQPRKRGUCPFEQPPGEVKQPUOWUVDGQHVJGEQTTGEVUK\GCPFUWKVCDNGHQTVJG
YQTMKPIRTGUUWTG
6JGCURKTCVGFCKTOWUVDGHTGGQHHNCOOCDNGHWOGUXCRQWTUCPFRCTVKENGUGIRCKPVUQNXGPVUVJCV
ECPNGCFVQKPVGTPCNHKTGQTGZRNQUKQP
#TTCPIGVJGCKTKPVCMGUQVJCVNQQUGENQVJKPIYQTPD[RGQRNGECPPQVDGUWEMGFKP
'PUWTGVJCVVJGFKUEJCTIGRKRGHTQOVJGEQORTGUUQTVQVJGCHVGTEQQNGTQTCKTPGVKUHTGGVQGZRCPF
WPFGTJGCVCPFVJCVKVKUPQVKPEQPVCEVYKVJQTENQUGVQHNCOOCDNGOCVGTKCNU
0QGZVGTPCNHQTEGOC[DGGZGTVGFQPVJGCKTQWVNGVXCNXGVJGEQPPGEVGFRKRGOWUVDGHTGGQHUVTCKP
+HTGOQVGEQPVTQNKUKPUVCNNGFVJGOCEJKPGOWUVDGCTCENGCTUKIPUVCVKPI�)'46JKUOCEJKPGKU
TGOQVGN[EQPVTQNNGFCPFOC[UVCTVYKVJQWVYCTPKPI
6JGQRGTCVQTJCUVQOCMGUWTGVJCVVJGOCEJKPGKUUVQRRGFCPFVJCVVJGKUQNCVKPIUYKVEJKUQRGP
CPFNQEMGFDGHQTGCP[OCKPVGPCPEGQTTGRCKT#UCHWTVJGTUCHGIWCTFRGTUQPUUYKVEJKPIQP
TGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCVVJGTGKUPQQPG
EJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGFVQVJGUVCTV
GSWKROGPV
#KTEQQNGFOCEJKPGUOWUVDGKPUVCNNGFKPUWEJCYC[VJCVCPCFGSWCVGHNQYQHEQQNKPICKTKU
CXCKNCDNGCPFVJCVVJGGZJCWUVGFCKTFQGUPQVTGEKTEWNCVGVQVJGEQORTGUUQTCKTKPNGVQTEQQNKPICKT
KPNGV
6JGGNGEVTKECNEQPPGEVKQPUOWUVEQTTGURQPFVQVJGNQECNEQFGU6JGOCEJKPGUOWUVDGGCTVJGFCPF
RTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUKPCNNRJCUGU#NQEMCDNGRQYGTKUQNCVKPIUYKVEJOWUVDG
KPUVCNNGFPGCTVJGEQORTGUUQT
1POCEJKPGUYKVJCWVQOCVKEUVCTVUVQRU[UVGOQTKHVJGCWVQOCVKETGUVCTVHWPEVKQPCHVGTXQNVCIG
HCKNWTGKUCEVKXCVGFCUKIPUVCVKPI6JKUOCEJKPGOC[UVCTVYKVJQWVYCTPKPIOWUVDGCHHKZGFPGCT
VJGKPUVTWOGPVRCPGN
+POWNVKRNGEQORTGUUQTU[UVGOUOCPWCNXCNXGUOWUVDGKPUVCNNGFVQKUQNCVGGCEJEQORTGUUQT0QP
TGVWTPXCNXGU
EJGEMXCNXGUOWUVPQVDGTGNKGFWRQPHQTKUQNCVKPIRTGUUWTGU[UVGOU
0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPHKVVGFQPVJGOCEJKPG'XGT[
RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG
OWUVDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF
2KRGYQTMQTQVJGTRCTVUYKVJCVGORGTCVWTGKPGZEGUUQHu%
u(CPFYJKEJOC[DG
CEEKFGPVCNN[VQWEJGFD[RGTUQPPGNKPPQTOCNQRGTCVKQPOWUVDGIWCTFGFQTKPUWNCVGF1VJGTJKIJ
VGORGTCVWTGRKRGYQTMOWUVDGENGCTN[OCTMGF
(QTYCVGTEQQNGFOCEJKPGUVJGEQQNKPIYCVGTU[UVGOKPUVCNNGFQWVUKFGVJGOCEJKPGJCUVQDG
RTQVGEVGFD[CUCHGV[FGXKEGYKVJUGVRTGUUWTGCEEQTFKPIVQVJGOCZKOWOEQQNKPIYCVGTKPNGV
RTGUUWTG
+PUVTWEVKQPOCPWCN
+HVJGITQWPFKUPQVNGXGNQTECPDGUWDLGEVVQXCTKCDNGKPENKPCVKQPEQPUWNVVJGOCPWHCEVWTGT
#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG
6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU
2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG
CRRNKECVKQPYJKEJCTGPQVKPENWFGFJGTGKP
5QOGRTGECWVKQPUCTGIGPGTCNCPFEQXGTUGXGTCNOCEJKPGV[RGUCPFGSWKROGPVJGPEG
UQOGUVCVGOGPVUOC[PQVCRRN[VQ[QWTOCEJKPG
5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQP
#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT
KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[
UVCVGFYKNNDGFKUENCKOGFD[VJGOCPWHCEVWTGT
)GPGTCNRTGECWVKQPU
6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFTGIWNCVKQPU
+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
+PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF
URGEKCNKUGFRGTUQPPGN
6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
$GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF
0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG
0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ
GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP
2TGECWVKQPUFWTKPIQRGTCVKQP
7UGQPN[VJGEQTTGEVV[RGCPFUK\GQHJQUGGPFHKVVKPIUCPFEQPPGEVKQPU9JGPDNQYKPIVJTQWIJC
JQUGQTCKTNKPGGPUWTGVJCVVJGQRGPGPFKUJGNFUGEWTGN[#HTGGGPFYKNNYJKRCPFOC[ECWUG
KPLWT[/CMGUWTGVJCVCJQUGKUHWNN[FGRTGUUWTK\GFDGHQTGFKUEQPPGEVKPIKV
2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV
VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF
VQVJGTGOQVGUVCTVGSWKROGPV
0GXGTQRGTCVGVJGOCEJKPGYJGPVJGTGKUCRQUUKDKNKV[QHVCMKPIKPHNCOOCDNGQTVQZKEHWOGU
XCRQWTUQTRCTVKENGU
+PUVTWEVKQPOCPWCN
0GXGTQRGTCVGVJGOCEJKPGDGNQYQTKPGZEGUUQHKVUNKOKVTCVKPIU
-GGRCNNDQF[YQTMFQQTUUJWVFWTKPIQRGTCVKQP6JGFQQTUOC[DGQRGPGFHQTUJQTVRGTKQFUQPN[
GIVQECTT[QWVTQWVKPGEJGEMU9GCTGCTRTQVGEVQTUYJGPQRGPKPICFQQT
2GQRNGUVC[KPIKPGPXKTQPOGPVUQTTQQOUYJGTGVJGUQWPFRTGUUWTGNGXGNTGCEJGUQTGZEGGFU
F$
#UJCNNYGCTGCTRTQVGEVQTU
2GTKQFKECNN[EJGEMVJCV
Ő #NNIWCTFUCTGKPRNCEGCPFUGEWTGN[HCUVGPGF
Ő #NNJQUGUCPFQTRKRGUKPUKFGVJGOCEJKPGCTGKPIQQFEQPFKVKQPUGEWTGCPFPQVTWDDKPI
Ő 6JGTGCTGPQNGCMU
Ő #NNHCUVGPGTUCTGVKIJV
Ő #NNGNGEVTKECNNGCFUCTGUGEWTGCPFKPIQQFQTFGT
Ő 5CHGV[XCNXGUCPFQVJGTRTGUUWTGTGNKGHFGXKEGUCTGPQVQDUVTWEVGFD[FKTVQTRCKPV
Ő #KTQWVNGVXCNXGCPFCKTPGVKGRKRGUEQWRNKPIUOCPKHQNFUXCNXGUJQUGUGVECTGKPIQQF
TGRCKTHTGGQHYGCTQTCDWUG
+HYCTOEQQNKPICKTHTQOEQORTGUUQTUKUWUGFKPCKTJGCVKPIU[UVGOUGIVQYCTOWRCYQTMTQQO
VCMGRTGECWVKQPUCICKPUVCKTRQNNWVKQPCPFRQUUKDNGEQPVCOKPCVKQPQHVJGDTGCVJKPICKT
&QPQVTGOQXGCP[QHQTVCORGTYKVJVJGUQWPFFCORKPIOCVGTKCN
0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPUHKVVGFQPVJGOCEJKPG'XGT[
RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG
UJCNNDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF
#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG
6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU
2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG
CRRNKECVKQPYJKEJCTGPQVKPENWFGFJGTGKP
5QOGRTGECWVKQPUCTGIGPGTCNCPFEQXGTUGXGTCNOCEJKPGV[RGUCPFGSWKROGPVJGPEG
UQOGUVCVGOGPVUOC[PQVCRRN[VQ[QWTOCEJKPG
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT
#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT
KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[
UVCVGFYKNNDGFKUENCKOGFD[VJGOCPWHCEVWTGT
)GPGTCNRTGECWVKQPU
6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFTGIWNCVKQPU
+PUVTWEVKQPOCPWCN
+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
+PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF
URGEKCNKUGFRGTUQPPGN
6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
$GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF
0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG
0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ
GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP
2TGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT
#NYC[UYGCTUCHGV[INCUUGU
7UGQPN[VJGEQTTGEVVQQNUHQTOCKPVGPCPEGCPFTGRCKTYQTM
7UGQPN[IGPWKPGURCTGRCTVU
#NNOCKPVGPCPEGYQTMUJCNNQPN[DGWPFGTVCMGPYJGPVJGOCEJKPGJCUEQQNGFFQYP
#YCTPKPIUKIPDGCTKPICNGIGPFUWEJCUYQTMKPRTQITGUUFQPQVUVCTVUJCNNDGCVVCEJGFVQVJG
UVCTVKPIGSWKROGPV
2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV
VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF
VQVJGTGOQVGUVCTVGSWKROGPV
%NQUGVJGEQORTGUUQTCKTQWVNGVXCNXGDGHQTGEQPPGEVKPIQTFKUEQPPGEVKPICRKRG
$GHQTGTGOQXKPICP[RTGUUWTK\GFEQORQPGPVGHHGEVKXGN[KUQNCVGVJGOCEJKPGHTQOCNNUQWTEGUQH
RTGUUWTGCPFTGNKGXGVJGGPVKTGU[UVGOQHRTGUUWTG
0GXGTWUGHNCOOCDNGUQNXGPVUQTECTDQPVGVTCEJNQTKFGHQTENGCPKPIRCTVU6CMGUCHGV[RTGECWVKQPU
CICKPUVVQZKEXCRQWTUQHENGCPKPINKSWKFU
5ETWRWNQWUN[QDUGTXGENGCPNKPGUUFWTKPIOCKPVGPCPEGCPFTGRCKT-GGRFKTVCYC[D[EQXGTKPIVJG
RCTVUCPFGZRQUGFQRGPKPIUYKVJCENGCPENQVJRCRGTQTVCRG
0GXGTYGNFQTRGTHQTOCP[QRGTCVKQPKPXQNXKPIJGCVPGCTVJGQKNU[UVGO1KNVCPMUOWUVDG
EQORNGVGN[RWTIGFGID[UVGCOENGCPKPIDGHQTGECTT[KPIQWVUWEJQRGTCVKQPU0GXGTYGNFQPQT
KPCP[YC[OQFKH[RTGUUWTGXGUUGNU
9JGPGXGTVJGTGKUCPKPFKECVKQPQTCP[UWURKEKQPVJCVCPKPVGTPCNRCTVQHCOCEJKPGKUQXGTJGCVGF
VJGOCEJKPGUJCNNDGUVQRRGFDWVPQKPURGEVKQPEQXGTUUJCNNDGQRGPGFDGHQTGUWHHKEKGPVEQQNKPI
VKOGJCUGNCRUGFVJKUVQCXQKFVJGTKUMQHURQPVCPGQWUKIPKVKQPQHVJGQKNXCRQWTYJGPCKTKU
CFOKVVGF
0GXGTWUGCNKIJVUQWTEGYKVJQRGPHNCOGHQTKPURGEVKPIVJGKPVGTKQTQHCOCEJKPGRTGUUWTGXGUUGN
GVE
/CMGUWTGVJCVPQVQQNUNQQUGRCTVUQTTCIUCTGNGHVKPQTQPVJGOCEJKPG
#NNTGIWNCVKPICPFUCHGV[FGXKEGUUJCNNDGOCKPVCKPGFYKVJFWGECTGVQGPUWTGVJCVVJG[HWPEVKQP
RTQRGTN[6JG[OC[PQVDGRWVQWVQHCEVKQP
+PUVTWEVKQPOCPWCN
$GHQTGENGCTKPIVJGOCEJKPGHQTWUGCHVGTOCKPVGPCPEGQTQXGTJCWNEJGEMVJCVQRGTCVKPIRTGUUWTGU
VGORGTCVWTGUCPFVKOGUGVVKPIUCTGEQTTGEV%JGEMVJCVCNNEQPVTQNCPFUJWVFQYPFGXKEGUCTGHKVVGF
CPFVJCVVJG[HWPEVKQPEQTTGEVN[+HTGOQXGFEJGEMVJCVVJGEQWRNKPIIWCTFQHVJGEQORTGUUQTFTKXG
UJCHVJCUDGGPTGKPUVCNNGF
'XGT[VKOGVJGUGRCTCVQTGNGOGPVKUTGPGYGFGZCOKPGVJGFKUEJCTIGRKRGCPFVJGKPUKFGQHVJGQKN
UGRCTCVQTXGUUGNHQTECTDQPFGRQUKVUKHGZEGUUKXGVJGFGRQUKVUUJQWNFDGTGOQXGF
2TQVGEVVJGOQVQTCKTHKNVGTGNGEVTKECNCPFTGIWNCVKPIEQORQPGPVUGVEVQRTGXGPVOQKUVWTGHTQO
GPVGTKPIVJGOGIYJGPUVGCOENGCPKPI
/CMGUWTGVJCVCNNUQWPFFCORKPIOCVGTKCNGIQPVJGDQF[YQTMCPFKPVJGCKTKPNGVCPFQWVNGV
U[UVGOUQHVJGEQORTGUUQTKUKPIQQFEQPFKVKQP+HFCOCIGFTGRNCEGKVD[IGPWKPGOCVGTKCNHTQO
VJGOCPWHCEVWTGTVQRTGXGPVVJGUQWPFRTGUUWTGNGXGNHTQOKPETGCUKPI
0GXGTWUGECWUVKEUQNXGPVUYJKEJECPFCOCIGOCVGTKCNUQHVJGCKTPGVGIRQN[ECTDQPCVGDQYNU
6JGHQNNQYKPIUCHGV[RTGECWVKQPUCTGUVTGUUGFYJGPJCPFNKPITGHTKIGTCPV
Ő 0GXGTKPJCNGTGHTKIGTCPVXCRQWTU%JGEMVJCVVJGYQTMKPICTGCKUCFGSWCVGN[XGPVKNCVGFKH
TGSWKTGFWUGDTGCVJKPIRTQVGEVKQP
Ő #NYC[UYGCTURGEKCNINQXGU+PECUGQHTGHTKIGTCPVEQPVCEVYKVJVJGUMKPTKPUGVJGUMKPYKVJ
YCVGT+HNKSWKFTGHTKIGTCPVEQPVCEVUVJGUMKPVJTQWIJENQVJKPIPGXGTVGCTQHHQTTGOQXGVJGNCVVGT
HNWUJCDWPFCPVN[YKVJHTGUJYCVGTQXGTVJGENQVJKPIWPVKNCNNTGHTKIGTCPVKUHNWUJGFCYC[VJGP
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#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF
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CRRNKECVKQPYJKEJCTGPQVKPENWFGFJGTGKP
5QOGRTGECWVKQPUCTGIGPGTCNCPFEQXGTUGXGTCNOCEJKPGV[RGUCPFGSWKROGPVJGPEG
UQOGUVCVGOGPVUOC[PQVCRRN[VQ[QWTOCEJKPG
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)#9QTMRNCEG
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%QREQ'NGMVTQPKMQPs++TGIWNCVQT6JGGNGEVTQPKEEQPVTQNOQFWNGKUHKVVGFVQVJGFQQTCVVJGHTQPVUKFG#P
GNGEVTKEECDKPGVEQORTKUKPIHWUGUVTCPUHQTOGTUTGNC[UGVEKUNQECVGFDGJKPFVJKURCPGN#PCWVQOCVKE
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9JGPVJGEQPVTQNNGTTGIKUVGTUCOCNHWPEVKQPVJGTGFCNCTO.'&QPVJGEQPVTQNRCPGNQHVJG'9&UVCTVU
HNCUJKPICYCTPKPICRRGCTUQPVJGFKURNC[QHVJGTGIWNCVQTCPFVJGGNGEVTQPKEFTCKPXCNXGYKNN
CWVQOCVKECNN[EJCPIGVQVJGCNCTOOQFGQRGPKPICPFENQUKPIVJGXCNXGCEEQTFKPIVQCUGSWGPEGCU
UJQYPCDQXG6JKUEQPFKVKQPEQPVKPWGUWPVKNVJGHCWNVKUTGOGFKGF+HVJGHCWNVKUPQVTGOGFKGF
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&GUETKRVKQP
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PGVRTGUUWTGKUJKIJGTVJCPVJGUGVRQKPV
FGUKTGFPGVRTGUUWTGVJGTGIWNCVQTYKNNFGETGCUGVJGOQVQT
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VJGOQVQT+HVJGOQVQTKUUVQRRGFCWVQOCVKECNN[CPFVJGPGVRTGUUWTGCRRTQCEJGUVJGUGVRQKPVVJG
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YJGTGCNNVJG
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6JGEQNFFTKGFCKTHNQYUVJTQWIJJGCVGZEJCPIGT
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4GHTKIGTCPVEKTEWKV
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6JGNKSWKFHNQYUVJTQWIJNKSWKFTGHTKIGTCPVFT[GTHKNVGT
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6JGTGHTKIGTCPVNGCXGUVJG
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YJGTGKVYKVJFTCYUJGCVHTQOVJGEQORTGUUGFCKTD[HWTVJGT
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EQORTGUUQT
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VJGOQVQT6JGTGIWNCVQTVCMGUKPVQCEEQWPVCPWODGTQHRTQITCOOCDNGUGVVKPIUGI
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5GGUGEVKQP2TQITCOOCDNGUGVVKPIU
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KPVQCEEQWPVVJCVCUVCTVEQOOCPFYKNNDGGZGEWVGF
KHRTQITCOOGFCPFCEVKXCVGF
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2TQVGEVKPIVJGEQORTGUUQT
5JWVFQYP
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YKNNDGUVQRRGF6JKUYKNNDGKPFKECVGFQPFKURNC[
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$GHQTGTGOGF[KPIEQPUWNVUGEVKQPU5CHGV[RTGECWVKQPUCPF2TQDNGOUQNXKPI
5JWVFQYPYCTPKPI
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+HVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTGGZEGGFUVJGRTQITCOOGFUJWVFQYPYCTPKPINGXGNC
OGUUCIGYKNNCRRGCTQPFKURNC[
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YKNNNKIJVWRVQYCTPVJGQRGTCVQTVJCVVJG
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5GTXKEGYCTPKPI
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ECNNGF5GTXKEGRNCPU#$%'CEJ5GTXKEGRNCPJCUC
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VQYCTP
VJGQRGTCVQTVQECTT[QWVVJGUGTXKEGCEVKQPUDGNQPIKPIVQVJCVRNCP
9CTPKPI
#YCTPKPIOGUUCIGCNUQCRRGCTUKH
Ő 1P(WNN(GCVWTGEQORTGUUQTUVJGFGYRQKPVVGORGTCVWTGGZEGGFUVJGYCTPKPINGXGN
#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
6JGTGIWNCVQTJCUCDWKNVKPHWPEVKQPVQCWVQOCVKECNN[TGUVCTVVJGEQORTGUUQTYJGPVJGXQNVCIGKU
TGUVQTGFCHVGTXQNVCIGHCKNWTG6JKUHWPEVKQPKUFGCEVKXCVGFKPEQORTGUUQTUNGCXKPIVJGHCEVQT[+HFGUKTGF
VJGHWPEVKQPECPDGCEVKXCVGF%QPUWNVVJG#VNCU%QREQ%WUVQOGT%GPVTG
+PUVTWEVKQPOCPWCN
+HCEVKXCVGFCPFRTQXKFGFVJGTGIWNCVQTYCUKPVJGCWVQOCVKEQRGTCVKQPOQFGVJG
EQORTGUUQTYKNNCWVQOCVKECNN[TGUVCTVKHVJGUWRRN[XQNVCIGVQVJGOQFWNGKUTGUVQTGF
YKVJKPCRTQITCOOGFVKOGRGTKQF
6JGRQYGTTGEQXGT[VKOG
VJGRGTKQFYKVJKPYJKEJVJGXQNVCIGOWUVDGTGUVQTGFVQ
JCXGCPCWVQOCVKETGUVCTVECPDGUGVDGVYGGPCPFUGEQPFUQTVQň+PHKPKVGʼn
+HVJGRQYGTTGEQXGT[VKOGKUUGVVQň+PHKPKVGʼnVJGEQORTGUUQTYKNNCNYC[UTGUVCTV
CHVGTCXQNVCIGHCKNWTGPQOCVVGTJQYNQPIKVVCMGUVQTGUVQTGVJGXQNVCIG#TGUVCTV
FGNC[ECPCNUQDGRTQITCOOGFCNNQYKPIGIVYQEQORTGUUQTUVQDGTGUVCTVGFQPG
CHVGTVJGQVJGT
%QPVTQNRCPGN
'NGMVTQPKMQPTGIWNCVQT
2CTVUCPFHWPEVKQPU
+PUVTWEVKQPOCPWCN
(WPEVKQPMG[U
%QPVTQNRCPGN
(WPEVKQPMG[U
6JGMG[U
CTGWUGF
Ő 6QECNNWRQTVQRTQITCOUGVVKPIU
Ő 6QTGUGVCOQVQTQXGTNQCFUJWVFQYPQTUGTXKEGOGUUCIGQTCPGOGTIGPE[UVQR
Ő 6QCEEGUUCNNFCVCEQNNGEVGFD[VJGTGIWNCVQT
6JGHWPEVKQPUQHVJGMG[UXCT[FGRGPFKPIQPVJGFKURNC[GFOGPW6JGCEVWCNHWPEVKQPKUKPFKECVGFLWUV
CDQXGVJGTGNGXCPVMG[6JGOQUVEQOOQPHWPEVKQPUCTGNKUVGFDGNQY
&GUKIPCVKQP (WPEVKQP
ň#FFʼn 6QCFFEQORTGUUQTUVCTVUVQREQOOCPFU
FC[JQWT
ň$CEMʼn 6QTGVWTPVQCRTGXKQWUN[UJQYPQRVKQPQTOGPW
ň%CPEʼn 6QECPEGNCRTQITCOOGFUGVVKPIYJGPRTQITCOOKPIRCTCOGVGTU
ň&GNʼn 6QFGNGVGEQORTGUUQTUVCTVUVQREQOOCPFU
ň*GNRʼn 6QHKPFVJG#VNCU%QREQ+PVGTPGVCFFTGUU
ň.KOʼn 6QUJQYNKOKVUHQTCRTQITCOOCDNGUGVVKPI
ň/CKPʼn 6QTGVWTPHTQOCOGPWVQVJGOCKPUETGGP
ň/GPWʼn 5VCTVKPIHTQOVJGOCKPUETGGPVQJCXGCEEGUUVQVJGUWDOGPWU
ň/GPWʼn 5VCTVKPIHTQOCUWDOGPWVQTGVWTPVQCRTGXKQWUOGPW
+PUVTWEVKQPOCPWCN
&GUKIPCVKQP (WPEVKQP
ň/QFʼn 6QOQFKH[RTQITCOOCDNGUGVVKPIU
ň2TQIʼn 6QRTQITCOOQFKHKGFUGVVKPIU
ň4UGVʼn 6QTGUGVCVKOGTQTOGUUCIG
ň4VTPʼn 6QTGVWTPVQCRTGXKQWUN[UJQYPQRVKQPQTOGPW
ň:VTCʼn 6QHKPFVJGOQFWNGEQPHKIWTCVKQPQHVJGTGIWNCVQT
5ETQNNMG[U
%QPVTQNRCPGN
6JGMG[U
CNNQYVJGQRGTCVQTVQUETQNNVJTQWIJVJGFKURNC[
#UNQPICUCFQYPYCTFURQKPVKPICTTQYKUUJQYPCVVJGHCTTKIJVRQUKVKQPQHVJGFKURNC[VJGUETQNNMG[
YKVJVJGUCOGU[ODQNECPDGWUGFVQUGGVJGPGZVKVGO
#UNQPICUCPWRYCTFURQKPVKPICTTQYKUUJQYPCVVJGHCTTKIJVRQUKVKQPQHVJGFKURNC[VJGUETQNNMG[
YKVJVJGUCOGU[ODQNECPDGWUGFVQUGGVJGRTGXKQWUKVGO
'OGTIGPE[UVQRDWVVQP
%QPVTQNRCPGN
+PVJGGXGPVQHCPGOGTIGPE[RTGUUDWVVQP
5VQUVQRVJGEQORTGUUQTKOOGFKCVGN[
+PUVTWEVKQPOCPWCN
$GHQTGUVCTVKPICP[OCKPVGPCPEGQTTGRCKTUYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGFCPF
QRGPVJGKUQNCVKPIUYKVEJ
EWUVQOGT UKPUVCNNCVKQPVQUYKVEJQHHVJGXQNVCIGVQVJG
EQORTGUUQT
%NQUGVJGCKTQWVNGVXCNXGCPFQRGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGUVQFGRTGUUWTKUG
VJGCKTU[UVGO
#RRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
%QPVTQNRTQITCOU
&GUETKRVKQP
+PQTFGTVQHCEKNKVCVGRTQITCOOKPICPFEQPVTQNNKPIOGPWFTKXGPEQPVTQNRTQITCOUJCXGDGGPKORNGOGPVGF
KPVJGTGIWNCVQT
+PUVTWEVKQPOCPWCN
/GPWHNQYHQT)#85&WRVQ)#85&
UKORNKHKGF
+PUVTWEVKQPOCPWCN
/CKPUETGGPOGPW
(WPEVKQP
%QPVTQNRCPGN
6JG/CKPUETGGPOGPWUJQYUVJGUVCVWUQHVJGEQORTGUUQTQRGTCVKQPCPFKUVJGICVGYC[VQCNNHWPEVKQPU
KORNGOGPVGFKPVJGTGIWNCVQT
2TQEGFWTG
6JG/CKPUETGGPKUUJQYPCWVQOCVKECNN[YJGPVJGXQNVCIGKUUYKVEJGFQP
+HVJGHWPEVKQPQTCTTQYMG[U
CPFCTGPQVWUGFHQTUQOGOKPWVGUVJGTGIWNCVQTYKNNCWVQOCVKECNN[
TGVWTPVQVJG/CKPUETGGP
9JGPGXGTFKURNC[GFQPCUWDOGPWUETGGPRTGUUVJGň/CKPʼnMG[
(VQTGVWTPVQVJG/CKPUETGGP
'ZCORNGQH/CKPUETGGP
ň%QORT1WVNGVʼn
DCT
TRO
ň/GPWʼn
( ( (
6JGFKURNC[KPFKECVGU
Ő 6JGPCOGQHVJGUGPUQTCPFKVUCEVWCNTGCFKPI
Ő /GUUCIGUTGICTFKPIVJGEQORTGUUQTQRGTCVKPIEQPFKVKQP
Ő ,WUVCDQXGVJGHWPEVKQPMG[U
VJGCEVWCNHWPEVKQPUQHVJGUGMG[U
+PUVTWEVKQPOCPWCN
%CNNKPIWROGPWU
&GUETKRVKQP
%QPVTQNRCPGN
9JGPVJGXQNVCIGKUUYKVEJGFQPVJG/CKPUETGGPKUUJQYPCWVQOCVKECNN[
ň%QORT1WVNGVʼn
DCT
ňTROʼn
ň/GPWʼn
( ( (
6JGCTTQYFQYPMG[
ECPDGWUGFHQTCSWKEMNQQMCVVJGCEVWCNEQORTGUUQTUVCVWU
#HVGTRTGUUKPIVJGň/GPWʼn
(MG[VJGQRVKQPň5VCVWUFCVCʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 'KVJGTRTGUUVJGVCDWNCVQTMG[
VQUGNGEVVJKUOGPW
Ő 1TWUGVJGCTTQYFQYPMG[
WPVKNVJGFGUKTGFUWDOGPWKUHQNNQYGFD[CJQTK\QPVCNCTTQYCPFVJGP
RTGUUVJGVCDWNCVQTMG[
VQUGNGEVVJKUOGPW
3WKEMNQQMCVVJGCEVWCNEQORTGUUQTUVCVWU
2TQEGFWTG
%QPVTQNRCPGN
+PUVTWEVKQPOCPWCN
5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPWRTGUUVJGCTTQYFQYPMG[
#UETGGP
UKOKNCTVQVJGQPGDGNQYCRRGCTU
'ZCORNGQHVJGEQORTGUUQTUVCVWUUETGGP
ň#WVQ1RGTCVKQPʼn
ň.QECN%QPVTQNʼn
ň6KOGT#EVKXGʼn
ň/CKPʼn ň*GNRʼn ň:VTCʼn
( ( (
.KPGKPFKECVGUVJGCWVQOCVKEQTOCPWCNQRGTCVKQPUVCVWUQHVJGTGIWNCVQTň#WVQ1RGTCVKQPʼnOGCPUVJCV
VJGTGIWNCVQTCWVQOCVKECNN[CFCRVUVJGQRGTCVKQPQHVJGEQORTGUUQTKGOCVEJKPIVJGEQORTGUUQTQWVRWV
VQVJGCKTEQPUWORVKQP
.KPGKPFKECVGUYJGVJGTVJGTGIWNCVQTKUQRGTCVKPIKPNQECNEQPVTQNQTTGOQVGEQPVTQNOQFGň.QECN
%QPVTQNʼnOGCPUVJCVVJGUVCTVUVQRDWVVQPUQPVJGMG[DQCTFCTGCEVKXCVGFň4GOQVG%QPVTQNʼnOGCPUVJCV
VJGUGHWPEVKQPUCTGEQPVTQNNGFTGOQVGN[
.KPGKPFKECVGUYJGVJGTVJGVKOGTYJKEJIGPGTCVGUVKOGDCUGFUVCTVCPFUVQREQOOCPFUKUCEVKXCVGFQT
PQV
2TGUUVJGCTTQYFQYPMG[
VQIGVQVJGTFCVC
CEVWCNEQPFKVKQPQHVJGEQORTGUUQT5GGUGEVKQP
%QPVTQNRTQITCOU
5VCVWUFCVCOGPW
9CTPKPI
$GHQTGUVCTVKPICP[OCKPVGPCPEGQTTGRCKTURTGUUVJGUVQRDWVVQP
YCKVWPVKNVJG
EQORTGUUQTJCUUVQRRGFRTGUUVJGTGFGOGTIGPE[UVQRDWVVQPCPFQRGPVJG
KUQNCVKPIUYKVEJ
EWUVQOGT UKPUVCNNCVKQPVQUYKVEJQHHVJGXQNVCIGVQVJG
EQORTGUUQT
%NQUGVJGCKTQWVNGVXCNXGCPFFGRTGUUWTKUGVJGCKTU[UVGO
(WPEVKQP
%QPVTQNRCPGN
6JG5VCVWUFCVCUWDOGPWIKXGUKPHQTOCVKQPTGICTFKPIVJGUVCVWUQHVJGEQORTGUUQTRTQVGEVKQPHWPEVKQPU
UJWVFQYPUJWVFQYPYCTPKPIUGTXKEGYCTPKPICPFYCTPKPICPFCNNQYUTGUGVVKPIQHCUJWVFQYP
OQVQTQXGTNQCFCPFUGTXKEGEQPFKVKQP
+PUVTWEVKQPOCPWCN
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
(VJGQRVKQPň5VCVWUFCVCʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
0QOGUUCIGGZKUVU
Ő )GPGTCNCNCTO.'&
KUQWVCPFVJGOGUUCIGQPVJGFKURNC[YKNNKPFKECVGVJCVCNNEQPFKVKQPUCTG
PQTOCN
ň#NNEQPFKVKQPUCTG1-ʼn
ň/GPWʼn
( ( (
#UJWVFQYPOGUUCIGGZKUVU
Ő +HVJGEQORTGUUQTKUUJWVFQYP.'&
YKNNHNCUJ
Ő +PVJGGXGPVQHCUJWVFQYPFWGVQVQQJKIJCVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPV
ň'NGOGPV1WVNGVʼn
u%
ň5JFʼn ň/CZʼn
ň/GPWʼn ň4GUGVʼn
( ( (
Ő 6JGKPFKECVQTU
CTGHNCUJKPI6JGUETGGPUJQYUVJGCEVWCNTGCFKPI
u%VJCVVJGEQORTGUUQT
KUUJWVFQYP
ň5JFʼnCPFVJGUJWVFQYPUGVVKPI
u%
Ő +VTGOCKPURQUUKDNGVQUETQNNVJTQWIJQVJGTOGPWUGIVQEJGEMVJGXCNWGUQHQVJGTRCTCOGVGTU
9JGPTGVWTPKPIVQVJGň5VCVWUFCVCʼnOGPWVJGQRVKQPň5JWVFQYPUʼnYKNNHNCUJ6JKUQRVKQPECPDG
UGNGEVGFD[RTGUUKPIVJGVCDWNCVQTMG[
VQTGVWTPVQVJGCDQXGUJWVFQYPUETGGP
5JWVFQYPTGUGV
Ő 5YKVEJQHHVJGXQNVCIGCPFTGOGF[VJGVTQWDNG#HVGTTGOGF[KPICPFYJGPVJGUJWVFQYPEQPFKVKQP
JCUFKUCRRGCTGFUYKVEJQPVJGXQNVCIGCPFRTGUUVJGMG[ň4UGVʼn
(
Ő 2TGUUVJGMG[Uň/GPWʼnCPFň/CKPʼnVQTGVWTPVQVJG/CKPUETGGPCPFTGUVCTVVJGEQORTGUUQTD[OGCPU
QHUVCTVDWVVQP
4GUGVQHHCPOQVQTQXGTNQCF
Ő 5YKVEJQHHVJGXQNVCIGCPFTGOGF[VJGVTQWDNG6JGHCPOQVQTEKTEWKVDTGCMGT
3OWUVDGTGUGV
OCPWCNN[5YKVEJQPVJGXQNVCIGCPFRTGUUVJGMG[ň4UGVʼn
(
Ő 2TGUUVJGMG[Uň/GPWʼnCPFň/CKPʼnVQTGVWTPVQVJG/CKPUETGGPCPFTGUVCTVVJGEQORTGUUQTD[OGCPU
QHUVCTVDWVVQP
+PUVTWEVKQPOCPWCN
#UJWVFQYPYCTPKPIOGUUCIGGZKUVU
#UJWVFQYPYCTPKPINGXGNKUCRTQITCOOCDNGNGXGNDGNQYVJGUJWVFQYPNGXGN
Ő +HCUJWVFQYPYCTPKPIGZKUVU.'&
KUNKV6JG/CKPUETGGPYKNNEJCPIGKPVQCUETGGPUKOKNCTVQVJG
QPGDGNQY
ň%QORTGUUQT1WVʼn
DCT
ň5JWVFʼn ň9CTPʼn
ň/GPWʼn
( ( (
Ő 6JGKPFKECVQTU
CTGHNCUJKPI
Ő 2TGUUVJGMG[ň/GPWʼn
(CPFVJGVCDWNCVQTMG[
VQUGNGEVVJGň5VCVWUFCVCʼnOGPWVJGQRVKQP
ň2TQVGEVKQPʼnKUHNCUJKPI
Ő 5ETQNNVQVJKUQRVKQPCPFUGNGEVKVD[RTGUUKPIVJGVCDWNCVQTMG[
#UETGGPUKOKNCTVQVJGQPGDGNQY
CRRGCTU
ň'NGOGPVQWVNGVʼn
u%
ň5JFYʼn ň/CZʼn
ň/GPWʼn
( ( (
Ő 6JGUETGGPKPFKECVGUVJCVVJGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJG
RTQITCOOGFUJWVFQYPYCTPKPINGXGN
Ő +HPGEGUUCT[UVQRVJGEQORTGUUQTD[OGCPUQHUVQRDWVVQP
CPFYCKVWPVKNKVJCUUVQRRGF
Ő 5YKVEJQHHVJGXQNVCIGKPURGEVCPFTGOGF[
Ő 6JGYCTPKPIOGUUCIGYKNNFKUCRRGCTCWVQOCVKECNN[CUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU
#UGTXKEGYCTPKPIGZKUVU
Ő .'&
KUNKV6JG/CKPUETGGPYKNNEJCPIGKPVQCUETGGPUKOKNCTVQVJGQPGDGNQY
ň%QORTGUUQTQWVʼn
DCT
ň5GTX4GSWKTʼn
ň/GPWʼn
( ( (
Ő 6JGKPFKECVQTU
CTGHNCUJKPICPFVJGUGTXKEGYCTPKPIOGUUCIGCRRGCTU
Ő 2TGUUVJGMG[ň/GPWʼn
(CPFVJGVCDWNCVQTMG[
VQUGNGEVVJGň5VCVWUFCVCʼnOGPWVJGQRVKQP
ň5GTXKEGʼnKUHNCUJKPI
Ő 5ETQNNVQVJKUQRVKQPCPFUGNGEVKVD[RTGUUKPIVJGVCDWNCVQTMG[
HQNNQYKPIQRVKQPUOC[HNCUJ
Ő ň2NCPUʼnKHCUGTXKEGRNCPKPVGTXCNKUGZEGGFGF
Ő 5VQRVJGEQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG
+PUVTWEVKQPOCPWCN
Ő +HVJGUGTXKEGOGUUCIGYCUTGHGTTKPIVQň+PRWVUʼn
QKNUGRCTCVQTTGRNCEGVJGUGRCTCVQTUYKVEJQPVJG
XQNVCIGUETQNNKPVJGň5VCVWUFCVCʼnOGPWVQň+PRWVUʼnCPFRTGUUVJGň4GUGVʼnMG[VQTGUGVVJGUGTXKEG
OGUUCIG
Ő +HVJGUGTXKEGOGUUCIGYCUTGHGTTKPIVQň2NCPUʼnECTT[QWVVJGUGTXKEGCEVKQPUTGNCVGFVQVJGKPFKECVGF
RNCPU4GUGVVJGVKOGTUQHVJGTGNCVGFRNCPU%QPVCEV[QWT#VNCU%QREQ%WUVQOGT%GPVTG5GGUGEVKQP
5GTXKEGOGPW
#YCTPKPIOGUUCIGGZKUVU
Ő .'&
KUNKVCPFCYCTPKPIOGUUCIGYKNNCRRGCTQPVJGUETGGP
Ő 6JGKPFKECVQTU
CTGHNCUJKPI6JKUYCTPKPIKPFKECVGUVJCV
Ő 1P(WNN(GCVWTGEQORTGUUQTUYKVJFT[GTVJGFGYRQKPVVGORGTCVWTGGZEGGFUVJGYCTPKPINGXGN
Ő 5VQRVJGEQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG+PURGEVVJGEQORTGUUQTCPFTGOGF[
/GCUWTGFFCVCOGPW
%QPVTQNRCPGN
(WPEVKQP
6QECNNWRKPHQTOCVKQPTGICTFKPIVJGCEVWCNN[OGCUWTGFFCVCCPFVJGUVCVWUQHUQOGKPRWVUUWEJCUVJG
OQVQTQXGTNQCFRTQVGEVKQP%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
(
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNň/GCUWTGFFCVCʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
Ő $[RTGUUKPIVJGUETQNNMG[U
CPWODGTQHCEVWCNN[OGCUWTGFFCVCECPDGHQWPF
Ő +HQPGQHVJGUGPUQTUKUNKPMGFVQCUJWVFQYPUGTXKEGQTYCTPKPIHWPEVKQPDQVJVJGCEVWCNN[
OGCUWTGFXCNWGCUYGNNCUVJGEQTTGURQPFKPIUJWVFQYPYCTPKPIQTUGTXKEGNGXGNECPDGECNNGFWRD[
RTGUUKPIMG[
+PUVTWEVKQPOCPWCN
%QWPVGTUOGPW
%QPVTQNRCPGN
(WPEVKQP
6QECNNWR
Ő 6JGNQCFGFJQWTU
Ő 6JGPWODGTQHOQVQTUVCTVU
Ő 6JGPWODGTQHJQWTUVJGTGIWNCVQT
OQFWNGJCUDGGPWPFGTVGPUKQP
Ő 6JGCEEWOWNCVGFXQNWOG
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
(
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNň%QWPVGTUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
VQCEVKXCVGVJGOGPW
Ő $[RTGUUKPIVJGCTTQYMG[
VJGCDQXGOGPVKQPGFFCVCECPDGHQWPF
%CNNKPIWRVJGCEEWOWNCVGFXQNWOG
ň#EEWOWNCVGFXQNʼn
ňOʼn
ň/GPWʼn ň/QFʼn
( ( (
Ő %QPUWNVVJGRTQEGFWTGCDQXGVQUGNGEVň#EEWOWNCVGFXQNʼn
Ő +PVJGGZCORNGCDQXGVJGFKURNC[KPFKECVGUVJCVVJGEQORTGUUQTJCUFGNKXGTGFZO
+HKVUJQWNFDGTGSWKTGFVQOQFKH[VJGXCNWGQHVJGKPFKECVGFVKOGTEQPUWNV#VNCU%QREQ
+PUVTWEVKQPOCPWCN
6GUVOGPW
%QPVTQNRCPGN
(WPEVKQP
6QECTT[QWVCFKURNC[VGUVKGVQEJGEMYJGVJGTVJGFKURNC[CPF.'&UCTGUVKNNKPVCEV
6QTWPVJGTGITGCUKPIRTQITCO
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
(
Ő 2TGUUCTTQYFQYPMG[
WPVKNň6GUVʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGMG[
Ő 6JGQRVKQPň&KURNC[VGUVʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 6QVGUVVJGFKURNC[RTGUUVJGMG[
&WTKPIVGUVKPIVJGTGIWNCVQTYKNNIGPGTCVGCUGTKGUQHRCVVGTPU
QPVJGFKURNC[YJKEJGPCDNGVJGQRGTCVQTVQEJGEMVJCVGCEJRKZGNUVKNNHWPEVKQPUPQTOCNN[CVVJGUCOG
VKOGVJG.'&UCTGNKV
6QTWPVJGTGITGCUKPIRTQITCORTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQPň4GITGCUKPIʼnKUHQNNQYGFD[C
JQTK\QPVCNCTTQY6JGEQORTGUUQTYKNNTWPHQTCRTQITCOOGFVKOGKPVGTXCNCVCRTQITCOOGFURGGF#HVGT
ECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼnTGUGVVJGUGTXKEGYCTPKPIUGGUGEVKQP
5GTXKEGOGPW
/QFKH[RCTCOGVGTUOGPW
(WPEVKQP
6QOQFKH[CPWODGTQHRTQITCOOCDNGUGVVKPIU
Ő %QORTGUUQTOQVQTUGVVKPIU
UGGUGEVKQP/QFKH[KPIEQORTGUUQTCPFOQVQTUGVVKPIU
Ő 2CTCOGVGTU
UGGUGEVKQP/QFKH[KPIRCTCOGVGTU
Ő 2TQVGEVKQPU
UGGUGEVKQP/QFKH[KPIRTQVGEVKQPU
Ő 5GTXKEGRNCPUGVVKPIU
UGGUGEVKQP/QFKH[KPIUGTXKEGRNCPUGVVKPIU
Ő %NQEMHWPEVKQPUGVVKPIU
UGGUGEVKQP/QFKH[KPIENQEMHWPEVKQPUGVVKPIU
Ő %QPHKIWTCVKQPUGVVKPIU
UGGUGEVKQP/QFKH[KPIEQPHKIWTCVKQPUGVVKPIU
+PUVTWEVKQPOCPWCN
/QFKH[KPIEQORTGUUQTOQVQTUGVVKPIU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[CPWODGTQHUGVVKPIU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
(
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
Ő 6JGHKTUVKVGOň%QORT/QVQTʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
VJGHKTUVKVGOň5GVRQKPVʼnCPFKVUUGVVKPIYKNNCRRGCT
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNVJGRCTCOGVGTVQDGOQFKHKGFKUHQNNQYGFD[CJQTK\QPVCNCTTQY
/QFKH[KPIVJGPGVRTGUUWTGUGVRQKPVU
+HFGUKTGFVJGQRGTCVQTECPRTQITCOVYQUGVRQKPVU
ň5GVRQKPVʼnCPFň5GVRQKPVʼn
Ő %QPUWNVVJGUVGRUCDQXGVQUGNGEVň5GVRQKPVʼn
ň5GVRQKPVʼn
DCT
ň/GPWʼn ň/QFʼn
( ( (
Ő 6JGUETGGPUJQYUVJCVVJGEWTTGPVUGVVKPIKUDCT
G6QOQFKH[VJKUUGVVKPIRTGUUVJGMG[ň/QFʼn
(VJGUGVVKPIYKNNHNCUJ
Ő 6JGMG[ň.KOʼn
(ECPDGWUGFVQHKPFQWVVJGNKOKVCVKQPUHQTVJGRCTCOGVGT
Ő 7UGVJGUETQNNMG[U
VQEJCPIGVJGUGVVKPI
Ő 2TGUUVJGMG[ň2TQIʼn
(VQRTQITCOVJGPGYXCNWGQTVJGMG[ň%CPEʼn
(VQECPEGNVJGOQFKHKECVKQP
QRGTCVKQP
Ő 6JGRTQEGFWTGVQOQFKH[ň5GVRQKPVʼnKUUKOKNCT
+PUVTWEVKQPOCPWCN
6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVCVKQPUHQTVJGRCTCOGVGT%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIUHQTVJG
OQUVKORQTVCPVUGVVKPIU
/QFKH[KPIRCTCOGVGTU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[CPWODGTQHRCTCOGVGTU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
(
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
Ő 2TGUUVJGCTTQYFQYPMG[
VJGHKTUVKVGOň(CP/QV5V&C[ʼnCPFKVUUGVVKPIYKNNCRRGCT
Ő 6QOQFKH[VJKUUGVVKPIRTGUUVJGMG[ň/QFʼn
(VJGUGVVKPIYKNNHNCUJ7UGVJGCTTQYFQYPMG[QT
VJGCTTQYWRMG[
VQEJCPIGVJGXCNWG2TGUUVJGMG[ň2TQIʼn
(VQRTQITCOVJGPGYUGVVKPIQTVJG
MG[ň%CPEʼn
(VQECPEGNVJGQRGTCVKQP
Ő 6JGRTQEGFWTGVQOQFKH[QVJGTRCTCOGVGTUKUUKOKNCT
ň(CP/QV5V&C[ʼn
ň0WODGTʼn
ň/GPWʼn ň/QFʼn
( ( (
6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVCVKQPUHQTVJGRCTCOGVGT%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIUHQTVJG
OQUVKORQTVCPVUGVVKPIU
+PUVTWEVKQPOCPWCN
/QFKH[KPIRTQVGEVKQPUGVVKPIU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[RTQVGEVKQPUGVVKPIU
Ő 5JWVFQYP
ň5JFʼnGIHQTVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
Ő 5JWVFQYPYCTPKPI
ň5JFYʼnGIHQTVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
6QEJGEMXCTKQWUEQORTGUUQTEQPFKVKQPUGIVJGUVCVWUQHVJGHCPOQVQTQXGTNQCFEQPVCEVU
5QOGRCTCOGVGTUECPPQVDGOQFKHKGF
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPW
Ő 2TGUUVJGň/GPWʼnMG[
(
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNVJGQRVKQPň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNVJGQRVKQPň2TQVGEVKQPUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
VJGHKTUVKVGOCPFKVUXCNWGYKNNCRRGCT
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNVJGKVGOVQDGOQFKHKGFKUHQNNQYGFD[CJQTK\QPVCNCTTQYCPF
RTGUUVJGVCDWNCVQTMG[
/QFKH[KPIUGVVKPIUHQTVJGEQORTGUUQTGNGOGPVVGORGTCVWTG
Ő %QPUWNVVJGUGEVKQP2TQEGFWTGVQUGNGEVVJGRCTCOGVGTň'NGOGPVQWVNGVʼn'ZCORNG
ň'NGOGPVQWVNGVʼn
u%
ň5JF/CZʼn
ň/GPWʼn ň/QFʼn
( ( (
Ő 6JGUETGGPUJQYUVJGEWTTGPVVGORGTCVWTG
u%CPFVJGUJWVFQYPUGVVKPI
u%6QOQFKH[
VJGUGVVKPIRTGUUVJGň/QFʼnMG[
(VJGUGVVKPIYKNNHNCUJ
Ő 6JGň.KOʼnMG[
(ECPDGWUGFVQHKPFQWVVJGNKOKVUHQTVJGRCTCOGVGT
Ő 7UGVJGUETQNNMG[U
VQEJCPIGVJGUGVVKPI
+PUVTWEVKQPOCPWCN
Ő 2TGUUň2TQIʼnMG[
(VQRTQITCOVJGPGYXCNWGQTň%CPEʼn
(VQECPEGNVJGOQFKHKECVKQPQRGTCVKQP
Ő 6JGUETGGPCNUQUJQYUCJQTK\QPVCNCTTQYKPFKECVKPIVJCVVJGUJWVFQYPYCTPKPIXCNWGECPDG
OQFKHKGF
VJGRTQEGFWTGKUUKOKNCTVQVJGFGUETKRVKQPCDQXG
Ő 6JGRTQEGFWTGVQOQFKH[QVJGTKVGOUKUUKOKNCT(QTUQOGUGVVKPIUCFGNC[ECPDGRTQITCOOGF
6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVUHQTVJGRCTCOGVGT%QPUWNV2TQITCOOCDNGUGVVKPIUHQTVJGOQUV
KORQTVCPVUGVVKPIU
/QFKH[KPIUGTXKEGRNCPU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[VJGJQWTKPVGTXCNUHQTVJGUGTXKEGNGXGNU
5GTXKEGRNCPU
6JGUGTXKEGCEVKQPUVQDGECTTKGFQWVCTGITQWRGFKPRNCPUECNNGF5GTXKEGNGXGN#$%QT&9JGP
TGCEJKPICPKPVGTXCNCOGUUCIGYKNNCRRGCTQPVJGUETGGPKPFKECVKPIYJKEJ5GTXKEGRNCPUCTGVQDG
ECTTKGFQWV
#NYC[UEQPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTGKHCP[VKOGTUJQWNFDGEJCPIGF6JG
KPVGTXCNUOWUVPQVGZEGGFVJGKPVGTXCNUDGNQYCPFOWUVEQKPEKFGNQIKECNN[
2TQITCOOGFUGTXKEGRNCPKPVGTXCNU
5GTXKEGRNCPU +PVGTXCNU
5GTXKEGRNCP# 'CEJTWPPKPIJQWTU
5GTXKEGRNCP$ 'CEJTWPPKPIJQWTU
5GTXKEGRNCP% 'CEJTWPPKPIJQWTU
5GTXKEGRNCP& 'CEJTWPPKPIJQWTU
+PUVTWEVKQPOCPWCN
6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVUHQTVJGRCTCOGVGT%QPUWNV2TQITCOOCDNGUGVVKPIUHQTVJGOQUV
KORQTVCPVUGVVKPIU
4GUWNVKPIUGTXKEGCEVKQPUVQDGECTTKGFQWV
5GTXKEGCEVKQPUCEEQTFKPIVQ #V
5GTXKEGRNCP#CPF$ TWPPKPIJQWTU
5GTXKEGRNCP#$CPF% TWPPKPIJQWTU
5GTXKEGRNCP#CPF$ TWPPKPIJQWTU
5GTXKEGRNCP#$CPF% TWPPKPIJQWTU
5GTXKEGRNCP#$%CPF& TWPPKPIJQWTU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
Ő 2TGUUVJGň/GPWʼnMG[
(
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNň5GTXKEG2NCPʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT
ň5GTXKEG6KOGTʼn
ň4WPPKPIJQWTUʼn
ňJTUʼn
ň/GPWʼn
( ( (
Ő 6JGUETGGPUJQYUVJGCEVWCNTWPPKPIJQWTU
Ő 2TGUUVJGVCDWNCVQTMG[
CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT
ň5GTXKEG6KOGTʼn
ň.GXGN#ʼn
ňJTUʼn
ň/GPWʼn ň/QFʼn
( ( (
Ő 6JGUETGGPKPFKECVGUVJCVVJGNGXGNHQT5GTXKEGRNCP#KUUGVCVTWPPKPIJQWTU
Ő 2TGUUVJGň/QFʼnMG[
(6JGMG[ň.KOʼn
(ECPDGWUGFVQHKPFQWVVJGNKOKVCVKQPUHQTVJG
RCTCOGVGT7UGVJGCTTQYWRCPFCTTQYFQYPMG[UVQOQFKH[VJGKPVGTXCN
Ő 2TGUUVJGň2TQIʼnMG[
(VQRTQITCOVJGPGYUGVVKPIQTVJGň%CPEʼnMG[
(VQECPEGNVJG
OQFKHKECVKQPQRGTCVKQP
+PUVTWEVKQPOCPWCN
Ő 6JGRTQEGFWTGVQOQFKH[VJG5GTXKEGRNCPU$%CPF&KUUKOKNCT
2TQITCOOKPIENQEMHWPEVKQP
%QPVTQNRCPGN
(WPEVKQP
6QRTQITCO
Ő 6KOGDCUGFUVCTVUVQREQOOCPFUHQTVJGEQORTGUUQT
Ő 6KOGDCUGFEJCPIGQXGTEQOOCPFUHQTVJGPGVRTGUUWTGDCPF
2TQITCOOKPIUVCTVUVQRCPFRTGUUWTGDCPFEQOOCPFU
+PVJKUGZCORNGVJGEQORTGUUQTYKNNDGRTQITCOOGFCUHQNNQYU
Ő 1P/QPFC[CVUVCTVKPIKPRTGUUWTGDCPF
Ő 1P(TKFC[CVEJCPIKPIQXGTVQRTGUUWTGDCPF
Ő 1P5CVWTFC[CVUVQRRKPI
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
(
Ő 2TGUUVJGCTTQYFQYPMG[
WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
Ő 7UGVJGCTTQYFQYPMG[
VQUETQNNWPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCN
CTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
ň%NQEM(WPEVKQPʼn
ň0QV#EVKXCVGFʼn
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (
Ő 2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
+PUVTWEVKQPOCPWCN
ň/QPFC[ʼn
ň6WGUFC[ʼn
ň9GFPGUFC[ʼn
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (
Ő 7UGVJGUETQNNMG[U
WPVKNVJGFC[QPYJKEJCEQOOCPFOWUVDGRTQITCOOGFKUHQNNQYGFD[C
JQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (
Ő 2TGUUVJGMG[ň/QFʼn
(6JGHKTUVVYQFCUJGUYKNNHNCUJ7UGVJGUETQNNMG[U
VQGPVGT2TGUU
VJGVCDWNCVQTMG[
VQLWORVQVJGHQNNQYKPIVYQFCUJGU7UGVJGUETQNNMG[UVQGPVGT2TGUUVJG
VCDWNCVQTMG[VQLWORVQVJGTQYQHFCUJGU7UGVJGUETQNNMG[UVQGPVGTVJGEQOOCPFň5VCTVʼn
Ő 2TGUUVJGMG[ň2TQIʼnVQRTQITCOVJGEQOOCPFň5VCTV%QORTGUUQTʼn
Ő 2TGUUVJGCTTQYFQYPMG[
VJGJQTK\QPVCNCTTQYKPFKECVGUVJCVVJGUGEQPFNKPGKUCEEGUUKDNG2TGUU
VJGMG[ň/QFʼnCPFOQFKH[VJKUNKPGKPCUKOKNCTYC[VQVJGHQNNQYKPIEQOOCPFň2TGUUWTG$CPF
ʼn
Ő 2TGUUVJGMG[ň/GPWʼn
(CPFUETQNNVQň(TKFC[ʼn
ň6JWTUFC[ʼn
ň(TKFC[ʼn
ň5CVWTFC[ʼn
ň/GPWʼn ň&GNʼn
( ( (
Ő 2TQITCOOKPIVJGEQOOCPFVQEJCPIGQXGTCVQʼnENQEMVQ2TGUUWTG$CPFKUECTTKGFQWVKPCUKOKNCT
YC[CUFGUETKDGFCDQXG
Ő 2TGUUVJGMG[ň/GPWʼn
(CPFUETQNNVQň5CVWTFC[ʼn2TQITCOOKPIVJGEQOOCPFň%QORTGUUQT
5VQRʼnKUECTTKGFQWVKPCUKOKNCTYC[CUFGUETKDGFCDQXG
#EVKXCVKPIFGCEVKXCVKPIVJGVKOGT
Ő 6JGVKOGTECPQPN[DGCEVKXCVGFKHCVNGCUVQPGUVCTVUVQREQOOCPFKURTQITCOOGF
Ő 5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[ň/GPWʼn
(
Ő 7UGCTTQYFQYPMG[
WPVKNVJGQRVKQPň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
VQCEVKXCVGVJGOGPW
Ő 7UGVJGCTTQYFQYPMG[WPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQYRTGUUVJG
VCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
+PUVTWEVKQPOCPWCN
ň%NQEM(WPEVKQPʼn
ň0QV#EVKXCVGFʼn
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (
Ő 2TGUUVJGMG[ň/QFʼnň0QV#EVKXCVGFʼnUVCTVUHNCUJKPI
Ő 2TGUUVJGCTTQYFQYPMG[
ň0QV#EVKXCVGFʼnEJCPIGUVQň#EVKXCVGFʼn
Ő 2TGUUVJGMG[ň2TQIʼn
+VKUPGEGUUCT[VQRTQITCOVJGUVCTVUVQREQOOCPFUKPUWEEGUUKXGQTFGTVKOGYKUG
2TQITCOVJGEQOOCPFUHTQOň/QPFC[ʼnVKNNň5WPFC[ʼnGI
Ő 5VCTV%QORTGUUQT
Ő 2TGUUWTG$CPF
Ő 2TGUUWTG$CPF
Ő 5VQR%QORTGUUQT
/CMGUWTGVJCVVJGVKOGTHWPEVKQPKUCEVKXCVGF
ň#EVKXCVGFʼn+HPQVVJGRTQITCOOGF
UVCTVUVQREQOOCPFUYKNNPQVDGGZGEWVGF
6JGVKOGTECPDGFGCEVKXCVGFCICKP+PVJKUECUGVJGRTQITCOOGFUVCTVUVQREQOOCPFU
YKNNPQVDGGZGEWVGF
DWVTGOCKPKPVJGOGOQT[QHVJGTGIWNCVQT
/QFKH[KPICEQOOCPF
5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTQP5CVWTFC[KUVQDGOQFKHKGFKGUVQRRKPICV
Q ENQEMKPUVGCFQHQ ENQEM
Ő 5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[ň/GPWʼn
(RTGUUVJGCTTQYFQYPMG[
WPVKNVJG
QRVKQPň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
Ő 7UGVJGCTTQYFQYPMG[
VQUETQNNWPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCN
CTTQY2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU
ň%NQEM(WPEVKQPʼn
ň0QV#EVKXCVGFʼn
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (
Ő 2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
ň/QPFC[ʼn
ň6WGUFC[ʼn
ň9GFPGUFC[ʼn
ň/GPWʼn ň&GNʼn
( ( (
+PUVTWEVKQPOCPWCN
Ő 5ETQNNVJTQWIJVJGFKURNC[WPVKNň5CVWTFC[ʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[
+HPGEGUUCT[UETQNNVJTQWIJVJGEQOOCPFUWPVKNVJGEQOOCPFVQDGOQFKHKGFKUHQNNQYGFD[C
JQTK\QPVCNCTTQY2TGUUVJGMG[ň/QFʼnVJGHKTUVVYQFKIKVUQHVJGEQOOCPFUVCTVHNCUJKPI/QFKH[CU
TGSWKTGFWUKPIVJGUETQNNMG[UKGKPVJGGZCORNGCDQXGEJCPIGVQWUKPIVJGCTTQYWRMG[
Ő +HPGEGUUCT[RTGUUVJGVCDWNCVQTMG[
VQIQVQVJGPGZVHKGNFVQDGOQFKHKGFVJGOKPWVGUKPFKECVKQP
CPFVJGUVCTVUVQRRTGUUWTGDCPFKPFKECVKQP
Ő 2TGUUVJGMG[ň2TQIʼnVQRTQITCOVJGPGYEQOOCPFQTVJGMG[ň%CPEʼnVQSWKVYKVJQWVTGRTQITCOOKPI
#FFKPICEQOOCPFCVVJGGPFQHCPGZKUVKPINKUV
Ő 5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[ň/GPWʼn
(RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP
ň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
Ő 7UGVJGCTTQYFQYPMG[
VQUETQNNWPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCN
CTTQY2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU
ň%NQEM(WPEVKQPʼn
ň0QV#EVKXCVGFʼn
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (
5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTCVOWUVDGCFFGFVQVJGNKUVQH/QPFC[
Ő 2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
ň/QPFC[ʼn
ň6WGUFC[ʼn
ň9GFPGUFC[ʼn
ň/GPWʼn ň&GNʼn
( ( (
Ő 5ETQNNVJTQWIJVJGFKURNC[WPVKNň/QPFC[ʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[
5ETQNNVJTQWIJVJGEQORTGUUQTUVCTVUVQRRTGUUWTGDCPFEQOOCPFUWPVKNVJGHKTUVGORV[
EQOOCPFNKPGKUKPFKECVGFD[VJGJQTK\QPVCNCTTQY
Ő 2TGUUVJGMG[ň/QFʼnVJGHKTUVVYQFKIKVUUVCTVHNCUJKPI'PVGTň%QORTGUUQT5VQRʼnWUKPIVJG
UETQNNMG[U
VQOQFKH[CHKGNFCPFVJGVCDWNCVQTMG[
VQLWORHTQOQPGHKGNFVQCPQVJGT
Ő 2TGUUVJGMG[ň2TQIʼnVQRTQITCOVJGPGYEQOOCPFQTVJGMG[ň%CPEʼnVQSWKVYKVJQWVTGRTQITCOOKPI
#FFKPICEQOOCPFDGVYGGPVYQGZKUVKPIEQOOCPFU
5WRRQUGVJGEQOOCPFň2TGUUWTG$CPFʼnOWUVDGCFFGFVQVJGHQNNQYKPINKUV
Ő ň5VCTV%QORTGUUQTʼn
Ő ň2TGUUWTG$CPFʼn
Ő ň5VQR%QORTGUUQTʼn
6JGTGIWNCVQTFQGUPQVCNNQYVJGGPVGTKPIQHCPGYEQOOCPFYJKEJVKOGYKUGKUUKVWCVGFDGHQTGVJGNCUV
EQOOCPFKPVJGNKUV
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5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGEQOOCPFDGHQTGYJKEJVJGPGYEQOOCPFOWUVDGGPVGTGFKU
HQNNQYGFD[CJQTK\QPVCNCTTQY
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ň/QFʼn
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5VCTVKPIHTQOVJG/CKPUETGGP
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WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CPCTTQYRQKPVKPIVQVJGTKIJV
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VJGHKTUVKVGOň6KOGʼnYKNNCRRGCT+HCPQVJGTQRVKQPKU
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VQIQVQVJGPGZVHKGNF
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6JGEQORTGUUQTECPDGEQPVTQNNGFNQECNN[TGOQVGN[QTXKCCNQECNCTGCPGVYQTM
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6JGHQNNQYKPIUETGGPKUUJQYP
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5GTXKEGRNCPU
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ECNNGF.GXGN#.GXGN$GVE'CEJNGXGNUVCPFUHQTC
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9JGPCUGTXKEGRNCPKPVGTXCNKUTGCEJGFCOGUUCIGYKNNCRRGCTQPVJGUETGGPUGGUGEVKQP5VCVWUFCVC
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5GTXKEGRNCPU +PVGTXCNU
5GTXKEGRNCP# 'XGT[TWPPKPIJQWTU
5GTXKEGRNCP$ 'XGT[TWPPKPIJQWTU
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5GTXKEGRNCP#$CPF% TWPPKPIJQWTU
5GTXKEGRNCP#CPF$ TWPPKPIJQWTU
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2TQEGFWTG
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VJGHQNNQYKPIUETGGPCRRGCTU
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RNCPUCTGVQDGECTTKGFQWVGXGT[TWPPKPIJQWTU
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VQHKPFQWVYJKEJUGTXKEGRNCPUYGTGECTTKGFQWVRTGXKQWUN[VJG
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6JGň4UGVʼnDWVVQPQPN[CRRGCTUYJGPVJGň0GZV6KOGTʼnNGXGNKUCNOQUVTGCEJGF
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CTGUJQYPKGVJGPWODGTQHJQWTUGNCRUGFUKPEGKPKVKCNRTQITCOOKPIGZHCEVQT[6JKU
VKOGTKUPQVVCMGPKPVQCEEQWPV
5CXGFFCVCOGPW
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6QECNNWRUQOGEQORTGUUQTFCVCUCXGFD[VJGTGIWNCVQT6JGUGFCVCCTG
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WPVKNVJGQRVKQPň5CXGF&CVCʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
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VQHKPFVJGFCVGVKOGCPFQVJGTFCVCTGHNGEVKPIVJGUVCVWUQHVJGEQORTGUUQT
YJGPVJGNCUVUJWVFQYPQEEWTTGF
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2TQVGEVKQPU
5GTXKEGRNCP
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PQOKPCNKPVGTXCNUCPFOWUVEQKPEKFGNQIKECNN[5GGUGEVKQP/QFKH[KPIUGTXKEGRNCPU
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6GTOKPQNQI[
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6JGTGEQOOGPFGFOKPKOWOUGVVKPIKUu%
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OGUUCIGCRRGCTU
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CRRTQZUGEQPFUYJCVGXGTJCRRGPUYKVJVJGPGVCKT
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2QYGTTGEQXGT[ +UVJGRGTKQFYKVJKPYJKEJVJGXQNVCIGOWUVDGTGUVQTGFVQJCXGCPCWVQOCVKE
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2TQRQTVKQPCN 6JGUGVVKPIUHQTVJG2TQRQTVKQPCNDCPFCPFKPVGITCVKQPVKOGCTGFGVGTOKPGFD[
DCPFCPF GZRGTKOGPV#NVGTKPIVJGUGUGVVKPIUOC[FCOCIGVJGEQORTGUUQT%QPUWNV#VNCU
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KPYJKEJVJGFTQRNGVU
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YJGTGVJGQKNTKUGUFWGVQVJGFKHHGTGPEGKP
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YJKEJKUNGF
QWVUKFGVJGDQF[YQTMCPFQPGHQTVJGUGRCTCVGFQKN
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U
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OKETQPYKVJOCZQKNECTT[QXGTQHOIO+HQKNXCRQWTUCPFQFQWTUCTG
WPFGUKTCDNGC3&V[RGHKNVGTUJQWNFDGKPUVCNNGFFQYPUVTGCOQHVJG2&HKNVGT
+VKUTGEQOOGPFGFVQKPUVCNND[RCUURKRGUQXGTGCEJHKNVGTVQIGVJGTYKVJDCNNXCNXGU
KPQTFGTVQKUQNCVGVJGHKNVGTUFWTKPIUGTXKEGQRGTCVKQPUYKVJQWVFKUVWTDKPIVJG
EQORTGUUGFCKTFGNKXGT[
$[RCUUU[UVGOVQD[RCUUVJGFT[GTFWTKPIUGTXKEGQRGTCVKQPU
CXCKNCDNGCUCP
QRVKQPEQPUWNV#VNCU%QREQ
*KIJGHHKEKGPE[YCVGTUGRCTCVQTYJKEJTGOQXGUQHVJGOQKUVWTGKPVJG
EQORTGUUGFCKTYJGPD[RCUUKPIVJGFT[GT
#VVGPVKQP
9QTMKPIYKVJOCEJKPGT[EQPVTQNNGFD[CHTGSWGPE[EQPXGTVGTTGSWKTGUURGEKCNUCHGV[
RTGECWVKQPU6JGUGUCHGV[RTGECWVKQPUFGRGPFQPVJGMKPFQHPGVYQTMWUGF
6066
+6U[UVGO%QPUWNV#VNCU%QREQ
+PUVTWEVKQPOCPWCN
'NGEVTKECNEQPPGEVKQPU
'NGEVTKECNEQPPGEVKQPUHQT)#85&WRVQ)#85&
+PUVTWEVKQPOCPWCN
4GHGTGPEG &GUKIPCVKQP
%WUVQOGTʼnUKPUVCNNCVKQP
1RVKQP
1RVKQPFT[GT
(QT45EQOOWPKECVKQP
5VCTEQPPGEVKQPCNNQVJGTXQNVCIGU
&GNVCEQPPGEVKQP8*\
&T[GT
RJCUGFT[GT
RJCUGFT[GT
5WRRN[QHFT[GT
1VJGTXQNVCIGU
&GUETKRVKQP
2TQXKFGCPKUQNCVKPIUYKVEJ
%JGEMVJCVVJGOQVQTECDNGUCPFYKTGUKPUKFGVJGGNGEVTKEECDKPGVCTGENCORGFVKIJVVQVJGKT
VGTOKPCNU
%JGEMVJGHWUGU5GGUGEVKQP5GVVKPIUQHHWUGU
%QPPGEVVJGRQYGTUWRRN[ECDNGUVQVGTOKPCNU
CPFQPEQPVCEVQT
-
%QPPGEVVJGGCTVJEQPFWEVQTVQVJGGCTVJDQNV
2'
+PUVTWEVKQPOCPWCN
%QQNKPIYCVGTTGSWKTGOGPVU
)GPGTCN
(QNNQYKPITGSWKTGOGPVUCTGIKXGPCUCIGPGTCNTWNGVQRTGXGPVEQQNKPIYCVGTRTQDNGOU+HKPCP[FQWDV
EQPUWNV#VNCU%QREQ
4GOCTM
%JNQTKFGCPFUWNRJCVGCTGKPVGTCEVKXG+PRCUUVJTQWIJU[UVGOUVJGUWOQHVJGUSWCTGUOWUVPQVGZEGGF
(QTTGEKTEWNCVKPIU[UVGOUYKVJRTQRGTEQPVTQNUCPFVTGCVOGPVVJGUWOQHVJGUSWCTGUOC[DG
WRVQ0QVGVJCVVJGUWNRJCVGXCNWGOWUVKPENWFGCP[UWNRJKVGRTGUGPV
#FFKVKXGU
+HKVUJQWNFDGPGEGUUCT[VQWUGCFFKVKXGUKPVJGEQQNKPIYCVGTVCMGKPVQCEEQWPVVJCVVJGEQQNKPI
ECRCEKV[YKNNEJCPIG
+PUVTWEVKQPOCPWCN
2KEVQITCRJU
)#85&WRVQ)#85&
2KEVQITCRJU)#85&WRVQ)#85&
4GHGTGPEG &GUKIPCVKQP
5YKVEJQHHVJGXQNVCIGCPFFGRTGUUWTK\GVJGEQORTGUUQTDGHQTGUVCTVKPI
OCKPVGPCPEGQTTGRCKTU
-GGRVJGFQQTUENQUGFFWTKPIQRGTCVKQP
5YKVEJQHHVJGXQNVCIGDGHQTGTGOQXKPIRTQVGEVKPIEQXGTKPUKFGGNGEVTKEEWDKENG
/CPWCNEQPFGPUCVGFTCKP
#WVQOCVKEEQPFGPUCVGFTCKP
5VQRVJGEQORTGUUQTDGHQTGENGCPKPIVJGEQQNGTU
.KIJVN[QKNVJGICUMGVQHVJGQKNHKNVGTUETGYKVQPCPFVKIJVGPD[JCPF
CRRTQZJCNHC
VWTP
9CTPKPIXQNVCIG
%QPUWNVKPUVTWEVKQPDQQMDGHQTGITGCUKPI
$GHQTGEQPPGEVKPIVJGEQORTGUUQTGNGEVTKECNN[EQPUWNVVJG+PUVTWEVKQPDQQMHQTVJG
OQVQTTQVCVKQPFKTGEVKQP
%QORTGUUQTTGOCKPURTGUUWTK\GFHQTUGEQPFUCHVGTUYKVEJKPIQHHVJGXQNVCIG
6QTSWGUHQTUVGGN
(GQTDTCUU
%W<PDQNVU
5YKVEJQHHVJGXQNVCIGCPFYCKVCVNGCUVOKPWVGUDGHQTGTGOQXKPIVJGUETGGP
0Q\\NGRQUKVKQPTGITGCUKPIQTCWVQOCVKEQRGTCVKQP
+PUVTWEVKQPOCPWCN
1RGTCVKPIKPUVTWEVKQPU
$GHQTGKPKVKCNUVCTVWR
5CHGV[
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPVUCHGV[RTGECWVKQPUKPENWFKPIVJQUGOGPVKQPGFKP
VJKUDQQM
1WVFQQTCNVKVWFGQRGTCVKQP
+HVJGEQORTGUUQTKUKPUVCNNGFQWVFQQTUQTKHVJGCKTKPNGVVGORGTCVWTGECPDGDGNQYu%u(
RTGECWVKQPUOWUVDGVCMGP+PVJKUECUGCPFCNUQKHQRGTCVKPICDQXGO
HVEQPUWNV#VNCU
%QREQ
/QXKPINKHVKPI
6JGEQORTGUUQTECPDGOQXGFD[CNKHVVTWEMWUKPIVJGUNQVUKPVJGHTCOG6CMGECTGPQVVQFCOCIGVJG
DQF[YQTMFWTKPINKHVKPIQTVTCPURQTV$GHQTGNKHVKPITGKPUVCNNVJGVTCPURQTVUGEWTKPIDQNVU
5GGUGEVKQP+PKVKCNUVCTVWR
/CMGUWTGVJCVVJGHQTMURTQVTWFGHTQOVJGQVJGTUKFGQHVJGHTCOG6JGEQORTGUUQTECPCNUQDGNKHVGF
CHVGTKPUGTVKPIDGCOUKPVQVJGUNQVU/CMGUWTGVJCVVJGDGCOUECPPQVUNKFGCPFVJCVVJG[RTQVTWFGHTQO
VJGHTCOGGSWCNN[6JGEJCKPUOWUVDGJGNFRCTCNNGNVQVJGDQF[YQTMD[EJCKPURTGCFGTUKPQTFGTPQVVQ
FCOCIGVJGEQORTGUUQT6JGNKHVKPIGSWKROGPVOWUVDGRNCEGFKPUWEJCYC[VJCVVJGEQORTGUUQTYKNN
DGNKHVGFRGTRGPFKEWNCTN[.KHVUOQQVJN[CPFCXQKFVYKUVKPI
+PKVKCNUVCTVWR
5CHGV[
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU#NUQEQPUWNVUGEVKQP2TQDNGO
UQNXKPI
2TQEGFWTG
(QTVJGRQUKVKQPQHVJGCKTQWVNGVXCNXGCPFVJGFTCKPEQPPGEVKQPUUGGUGEVKQPU
+PVTQFWEVKQPCPF%QPFGPUCVGU[UVGO
+PUVTWEVKQPOCPWCN
6TCPURQTVHKZVWTGUQH)#85&WRVQ)#85&
2QUKVKQPQHQKNNGXGNUKIJVINCUUQP)#85&WRVQ)#85&
+PUVTWEVKQPOCPWCN
'NGEVTKEECDKPGVQH)#85&WRVQ)#85&V[RKECNGZCORNG
%QPUWNVVJGUGEVKQPU'NGEVTKEECDNGUK\G+PUVCNNCVKQPRTQRQUCNUCPF&KOGPUKQPFTCYKPIU
6JGHQNNQYKPIVTCPURQTVHKZVWTGURCKPVGFTGFOWUVDGTGOQXGF
Ő $QNVU
Ő $WUJGU
Ő 5WRRQTVU
4GOQXGVJGTGFRCKPVGFDWUJGUHTQODQVJIGCTECUKPIUWRRQTVUCPFDQVJCKTTGEGKXGTUWRRQTVU
%JGEMVJCVVJGGNGEVTKECNEQPPGEVKQPUEQTTGURQPFVQVJGNQECNEQFGUCPFVJCVCNNYKTGUCTG
ENCORGFVKIJVVQVJGKTVGTOKPCNU
6JGKPUVCNNCVKQPOWUVDGGCTVJGFCPFRTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUQHVJGKPGTVV[RGKP
CNNRJCUGU#PKUQNCVKPIUYKVEJOWUVDGKPUVCNNGFPGCTVJGEQORTGUUQT
%JGEMVJGXQNVCIGUGNGEVKPIYKTGUCVVJGRTKOCT[UKFGQHVTCPUHQTOGTU
Ő 6
%JGEMVJGUGVVKPIQHEKTEWKVDTGCMGT
3#NUQEJGEMVJCVVJGUYKVEJQPVJGEKTEWKVDTGCMGTKUKP
RQUKVKQP+
(KVVJGCKTQWVNGVXCNXG
#8UGGUGEVKQP+PVTQFWEVKQPHQTVJGRQUKVKQPQHVJGXCNXG
%NQUGVJGXCNXG
%QPPGEVVJGCKTPGVVQVJGXCNXG
1PEQORTGUUQTUGSWKRRGFYKVJCFT[GTD[RCUUHKVVJGCKTQWVNGVXCNXGVQVJGFT[GTD[RCUURKRG
(KVVJGOCPWCNEQPFGPUCVGFTCKPXCNXG
&O
%NQUGVJGXCNXG
(QT)#85&WRVQ)#85&(WNN(GCVWTGHKVVJGOCPWCNEQPFGPUCVGFTCKPXCNXG
&O
%NQUGVJGXCNXG
+PUVTWEVKQPOCPWCN
%QPPGEVVJGOCPWCNCPFCWVQOCVKEEQPFGPUCVGFTCKPQWVNGVUVQCFTCKPEQNNGEVQT5GGUGEVKQP
%QPFGPUCVGU[UVGOCPFKPECUGQHCP15&UGGUGEVKQP+PUVCNNCVKQP
(QT)#85&WRVQ)#85&(WNN(GCVWTGCNUQEQPPGEVVJGOCPWCNCPFCWVQOCVKEFTCKPQH
VJGFT[GTVQCFTCKPEQNNGEVQT
6JGFTCKPRKRGUVQVJGFTCKPEQNNGEVQTOWUVPQVFKRKPVQVJGYCVGT(QTFTCKPKPIQHRWTG
EQPFGPUCVGYCVGTKPUVCNNCPQKNYCVGTUGRCTCVQTYJKEJKUCXCKNCDNGHTQO#VNCU%QREQCUCP
QRVKQPUGGUGEVKQP15&WPKV+HVJGRKRGUJCXGDGGPHKVVGFQWVUKFGVJGTQQOYJGTGHTGG\KPIKU
RQUUKDNGVJG[OWUVDGKPUWNCVGF
%JGEMVJGQKNNGXGN
6JGRQKPVGTQHVJGNGXGNICWIG
)NUJQWNFTGIKUVGTKPVJGWRRGTHKGNFQHVJGITGGPQTKPVJGQTCPIG
TCPIG
9JGTGCRRNKECDNGRTQXKFGNCDGNUYCTPKPIVJGQRGTCVQTVJCV
Ő 6JGEQORTGUUQTOC[TGUVCTVCWVQOCVKECNN[CHVGTXQNVCIGHCKNWTG
KHCEVKXCVGFEQPUWNV#VNCU
%QREQ
Ő 6JGEQORTGUUQTKUCWVQOCVKECNN[EQPVTQNNGFCPFOC[DGTGUVCTVGFCWVQOCVKECNN[
Ő 6JGEQORTGUUQTOC[DGTGOQVGN[EQPVTQNNGF
5YKVEJQPVJGXQNVCIG5VCTVVJGEQORTGUUQTCPFUVQRKVKOOGFKCVGN[
1PCKTEQQNGFEQORTGUUQTUEJGEMVJGTQVCVKQPFKTGEVKQPQHVJGHCPOQVQT4QVCVKQPCTTQYU
XKUKDNGVJTQWIJVJGITCVKPIKPVJGTQQHCTGRTQXKFGFQPVJGHCPRNCVG+HVJGTQVCVKQPFKTGEVKQPKU
YTQPIQRGPVJGKUQNCVKPIUYKVEJKPVJGXQNVCIGUWRRN[NKPGUYKVEJQHHVJGXQNVCIGCPFTGXGTUG
VYQKPEQOKPIGNGEVTKENKPGU
%JGEMVJGTQVCVKQPFKTGEVKQPQHVJGFTKXGOQVQT
/YJKNGVJGOQVQTKUEQCUVKPIVQCUVQRVJG
EQTTGEVFKTGEVKQPKUKPFKECVGFD[CPCTTQYQPVJGIGCTECUKPI+HVJGTQVCVKQPFKTGEVKQPKUYTQPI
UVQRVJGOQVQTQRGPVJGKUQNCVKPIUYKVEJKPVJGXQNVCIGUWRRN[NKPGCPFTGXGTUGVYQKPEQOKPI
EQPPGEVKQPUQPVJGFTKXGOQVQT
%JGEMVJGRTQITCOOGFUGVVKPIU%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIU
5VCTVCPFTWPVJGEQORTGUUQTHQTCHGYOKPWVGU%JGEMVJCVVJGEQORTGUUQTQRGTCVGUPQTOCNN[
$GHQTGUVCTVKPI
4GOCTMU
Ő +HVJGEQORTGUUQTJCUPQVTWPHQTVJGRCUVOQPVJUKVKUUVTQPIN[TGEQOOGPFGF
VQKORTQXGVJGNWDTKECVKQPQHVJGEQORTGUUQTGNGOGPVCVUVCTVKPI
Ő .QQUGPVJGJQUGENKR
CPFFKUEQPPGEVVJGKPNGVJQUG
Ő 1P)#85&WRVQ)#85&RQWTN
75ICN+ORICNQH
QKNKPVQVJGKPNGVCTTGUVQT
Ő 4GKPUVCNNVJGKPNGVJQUG
+PUVTWEVKQPOCPWCN
2QUKVKQPQHKPNGVCTTGUVQTQP)#85&WRVQ)#85&
2TQEGFWTG
5GGUGEVKQP+PKVKCNUVCTVWRHQTNQECVKQPQHVJGQKNU[UVGOEQORQPGPVU
%JGEMVJGQKNNGXGN
)NVQRWRKHPGEGUUCT[6JGRQKPVGTUJQWNFDGKPVJGWRRGTHKGNFQHVJGITGGP
TCPIGQTKPVJGQTCPIGTCPIG+HVJGRQKPVGTTGIKUVGTUKPVJG.19TCPIGFGRTGUUWTK\GVJGQKN
U[UVGO
UGGUGEVKQP2TQDNGOUQNXKPI9CKVWPVKNVJGEQORTGUUQTJCUFGRTGUUWTK\GF7PUETGYVJG
QKNHKNNGTRNWI
(%QPN[QPGVWTPVQRGTOKVCP[RTGUUWTGKPVJGU[UVGOVQGUECRG4GOQXGVJGHKNNGT
ECRCPFCFFQKNWPVKNVJGNGXGNTGCEJGUVJGHKNNGTPGEM6KIJVGPVJGRNWI
+HVJGTGFRCTVQHVJGCKTHKNVGTUGTXKEGKPFKEVQTUJQYUHWNNQWVTGRNCEGVJGCKTHKNVGTGNGOGPV4GUGV
VJGUGTXKEGKPFKECVQT
8+D[RWUJKPIVJGMPQDKPVJGGZVTGOKV[QHVJGDQF[CPFTGUGVVJGUGTXKEG
YCTPKPIUGGUGEVKQP5GTXKEGOGPW
5VCTVKPI
2TQEGFWTG
(QTVJGRQUKVKQPQHVJGCKTQWVNGVXCNXGCPFVJGFTCKPEQPPGEVKQPU
5GGUGEVKQPU+PVTQFWEVKQPCPF%QPFGPUCVGU[UVGO
+PUVTWEVKQPOCPWCN
%QPVTQNRCPGN
5YKVEJQPVJGXQNVCIG%JGEMVJCVXQNVCIGQP.'&
NKIJVUWR6JGOGUUCIGň%QORTGUUQTQHHʼn
CRRGCTU
1RGPCKTQWVNGVXCNXG
#8
%NQUGEQPFGPUCVGFTCKPXCNXG
&O
1P)#85&WRVQ)#85&(WNN(GCVWTGCNUQENQUGEQPFGPUCVGFTCKPXCNXG
&O
2TGUUUVCTVDWVVQP
QPVJGEQPVTQNRCPGN6JGEQORTGUUQTUVCTVUTWPPKPICPFVJGCWVQOCVKE
QRGTCVKQP.'&
NKIJVUWR
&WTKPIQRGTCVKQP
2TQEGFWTG
+PQTFGTVQGPUWTGUWHHKEKGPVOQVQTEQQNKPIVJGFQQTUOWUVDGENQUGFFWTKPIQRGTCVKQP
CPFOC[DGQRGPGFHQTUJQTVRGTKQFUQPN[VQECTT[QWVEJGEMU
9JGPVJGOQVQTUCTGUVQRRGFCPF.'&
KUCNKIJVVJGOQVQTUOC[UVCTV
CWVQOCVKECNN[
%QPVTQNRCPGN
+PUVTWEVKQPOCPWCN
2QUKVKQPQHQKNNGXGNUKIJVINCUUQP)#85&WRVQ)#85&
%JGEMVJGQKNNGXGNFWTKPIQRGTCVKQPVJGRQKPVGTQHNGXGNICWIG
)NOWUVTGIKUVGTKPVJGITGGPTCPIGKH
PQVRTGUUUVQRDWVVQP
CPFRTGUUVJGGOGTIGPE[UVQRDWVVQP
%NQUGCKTQWVNGVXCNXG
#8CPFQRGPVJGOCPWCNFTCKPXCNXG
&O
UGGUGEVKQPU+PVTQFWEVKQPCPF
%QPFGPUCVGU[UVGOHQTVJGKTNQECVKQP
(QT)#85&WRVQ)#85&(WNN(GCVWTGCNUQQRGPOCPWCNEQPFGPUCVGXCNXG
&O
9CKVWPVKNVJGEQORTGUUQTJCUFGRTGUUWTK\GF7PUETGYQKNHKNNGTRNWI
(%QPGVWTPVQRGTOKVCP[RTGUUWTG
KPVJGU[UVGOVQGUECRG4GOQXGVJGRNWICPFCFFQKNWPVKNVJGNGXGNTGCEJGUVJGHKNNGTQRGPKPI(KVCPF
VKIJVGPVJGRNWI
(%
+HVJGEQNQWTGFRCTVQHUGTXKEGKPFKECVQT
8+UJQYUHWNNQWVUVQRVJGEQORTGUUQTUYKVEJQHHVJGXQNVCIG
CPFTGRNCEGVJGCKTHKNVGTGNGOGPV4GUGVVJGUGTXKEGKPFKECVQTD[RWUJKPIVJGMPQDKPVJGGZVTGOKV[QHVJG
DQF[
9JGPCWVQOCVKEQRGTCVKQP.'&
KUCNKIJVVJGTGIWNCVQTKUCWVQOCVKECNN[EQPVTQNNKPIVJGEQORTGUUQT
KGOCVEJKPIVJGEQORTGUUQTURGGFVQVJGPGVRTGUUWTGUVCTVKPICPFUVQRRKPIVJGEQORTGUUQTYJGPGXGT
PGEGUUCT[
4GIWNCTN[EJGEMVJCVEQPFGPUCVGKUFKUEJCTIGFFWTKPIQRGTCVKQP5GGUGEVKQP%QPFGPUCVGU[UVGOCPFKP
ECUGQHCP15&CNUQEJGEMVJGNGXGNKPVJGQKNEQNNGEVQTUGGUGEVKQP15&/CKPVGPCPEGCPFQRGTCVKPI
KPUVTWEVKQP6JGCOQWPVQHEQPFGPUCVGFGRGPFUQPGPXKTQPOGPVCNCPFYQTMKPIEQPFKVKQPU
+PUVTWEVKQPOCPWCN
%JGEMKPIVJGFKURNC[
2TQEGFWTG
%QPVTQNRCPGN
%JGEMVJGFKURNC[
TGIWNCTN[HQTTGCFKPIUCPFOGUUCIGU0QTOCNN[VJGFKURNC[UJQYUVJGEQORTGUUQT
QWVNGVRTGUUWTGVJGOQVQTURGGFCPFVJGCDDTGXKCVKQPUQHVJGHWPEVKQPUQHVJGMG[UDGNQYVJGFKURNC[
#NYC[UEJGEMVJGFKURNC[
CPFTGOGF[VJGVTQWDNGKHCNCTO.'&
KUCNKIJVQTDNKPMU5GGUGEVKQP
5VCVWUFCVCOGPW
6JGFKURNC[
YKNNUJQYCUGTXKEGOGUUCIGKHCUGTXKEGRNCPKPVGTXCNJCUDGGPGZEGGFGFQTKHCUGTXKEG
NGXGNHQTCOQPKVQTGFEQORQPGPVJCUDGGPGZEGGFGF%CTT[QWVVJGUGTXKEGCEVKQPUQHVJGKPFKECVGFRNCPU
QTTGRNCEGVJGEQORQPGPVCPFTGUGVVJGTGNGXCPVVKOGTUGGUGEVKQP5VCVWUFCVCOGPW
4GIWNCTN[RTGUUVJGCTTQYFQYPMG[
QPVJGOCKPUETGGPVQECNNWRKPHQTOCVKQPCDQWVVJGCEVWCN
EQORTGUUQTEQPFKVKQP5GGUGEVKQP3WKEMNQQMCVCEVWCNEQORTGUUQTUVCVWU
5VQRRKPI
'NGMVTQPKMQPTGIWNCVQT
%QPVTQNRCPGN
+PUVTWEVKQPOCPWCN
2TQEGFWTG
2TGUUUVQRDWVVQP
#WVQOCVKEQRGTCVKQP.'&
IQGUQWV6JGEQORTGUUQTUVQRU
6QUVQRVJGEQORTGUUQTKPECUGQHGOGTIGPE[RTGUUGOGTIGPE[UVQRDWVVQP
#NCTO.'&DNKPMU
#HVGTTGOGF[KPIVJGHCWNVWPNQEMVJGDWVVQPD[RWNNKPIKVQWVCPFRTGUUň4UGVʼnMG[
DGHQTGTGUVCTVKPI
%NQUGCKTQWVNGVXCNXG
#8
UGGUGEVKQP+PVTQFWEVKQPCPFUYKVEJQHHVJGXQNVCIG
1RGPEQPFGPUCVGFTCKPXCNXG
&O5GGUGEVKQP%QPFGPUCVGU[UVGO
(QT)#85&WRVQ)#85&(WNN(GCVWTGQRGPEQPFGPUCVGFTCKPXCNXG
&O
6CMKPIQWVQHQRGTCVKQP
9CTPKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
2TQEGFWTG
5VQRVJGEQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPCPFENQUGVJGCKTQWVNGV
XCNXG
5YKVEJQHHVJGXQNVCIGCPFFKUEQPPGEVVJGEQORTGUUQTHTQOVJGOCKPU
1RGPVJGOCPWCNFTCKPXCNXG
UUGGUGEVKQP%QPFGPUCVGU[UVGOHQTVJGRQUKVKQPQH
VJGXCNXG
U9CKVWPVKNVJGEQORTGUUQTJCUFGRTGUUWTKUGF7PUETGYVJGHKNNGTRNWI
QPN[QPGVWTPVQRGTOKVCP[RTGUUWTGKPVJGU[UVGOVQGUECRG%QPUWNVUGEVKQP1KN
CPFQKNHKNVGTEJCPIGVQNQECVGVJGHKNNGTRNWI
5JWVQHHCPFFGRTGUUWTK\GVJGRCTVQHVJGCKTPGVYJKEJKUEQPPGEVGFVQVJGQWVNGV
XCNXG&KUEQPPGEVVJGEQORTGUUQTCKTQWVNGVRKRGHTQOVJGCKTPGV
&TCKPVJGQKN
&TCKPVJGEQPFGPUCVGEKTEWKVCPFFKUEQPPGEVVJGEQPFGPUCVGRKRKPIHTQOVJG
EQPFGPUCVGPGV
+PUVTWEVKQPOCPWCN
/CKPVGPCPEG
2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
%QPVTQNRCPGN
9CTPKPI
$GHQTGECTT[KPIQWVCP[OCKPVGPCPEGTGRCKTYQTMQTCFLWUVOGPVURTQEGGFCU
HQNNQYU
Ő 5VQRVJGEQORTGUUQT
Ő 2TGUUVJGGOGTIGPE[UVQRDWVVQP
Ő 5YKVEJQHHVJGXQNVCIG
Ő %NQUGVJGCKTQWVNGVXCNXGCPFQRGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGU
Ő &GRTGUUWTKUGVJGEQORTGUUQT
(QTFGVCKNGFKPUVTWEVKQPUUGGUGEVKQP2TQDNGOUQNXKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
$GHQTGOGEJCPKECNOCKPVGPCPEG
1RGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGUCPFYCKVHQTCVNGCUVUGEQPFU
VKOG
PGGFGFHQTVJGEQORTGUUQTVQFGRTGUUWTK\G
(QTNQECVKQPQHEQORQPGPVUUGGUGEVKQP%QPFGPUCVGU[UVGO
$GHQTGGNGEVTKECNOCKPVGPCPEG
9CKVHQTCVNGCUVOKPWVGUDGHQTGUVCTVKPIOCKPVGPCPEGCUJC\CTFQWUJKIJXQNVCIG
TGOCKPUQPVJG&%NKPMECRCEKVQTUQHVJGHTGSWGPE[EQPXGTVGTUQOGVKOGCHVGT
UYKVEJKPIQHHVJGXQNVCIG
9CTTCPV[2TQFWEV.KCDKNKV[
7UGQPN[CWVJQTKUGFRCTVU#P[FCOCIGQTOCNHWPEVKQPECWUGFD[VJGWUGQHWPCWVJQTKUGFRCTVUKUPQV
EQXGTGFD[9CTTCPV[QT2TQFWEV.KCDKNKV[
+PUVTWEVKQPOCPWCN
5GTXKEGMKVU
(QTQXGTJCWNKPIQTECTT[KPIQWVRTGXGPVKXGOCKPVGPCPEGUGTXKEGMKVUCTGCXCKNCDNG
UGGUGEVKQP5GTXKEG
MKVU5GTXKEGMKVUEQPVCKPCNNRCTVUPGGFGFHQTUGTXKEKPIEQORQPGPVUCPFQHHGTVJGDGPGHKVUQHIGPWKPG
#VNCU%QREQRCTVUYJKNGMGGRKPIVJGOCKPVGPCPEGDWFIGVNQY
5GTXKEGEQPVTCEVU
#VNCU%QREQQHHGTUUGXGTCNV[RGUQHUGTXKEGEQPVTCEVUTGNKGXKPI[QWQHCNNRTGXGPVKXGOCKPVGPCPEGYQTM
%QPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTG
)GPGTCN
9JGPUGTXKEKPITGRNCEGCNNTGOQXGFICUMGVU1TKPIUCPFYCUJGTU
+PVGTXCNU
6JGNQECN#VNCU%QREQ%WUVQOGT%GPVTGOC[QXGTTWNGVJGOCKPVGPCPEGUEJGFWNGGURGEKCNN[VJGUGTXKEG
KPVGTXCNUFGRGPFKPIQPVJGGPXKTQPOGPVCNCPFYQTMKPIEQPFKVKQPUQHVJGEQORTGUUQT
6JGNQPIGTKPVGTXCNEJGEMUOWUVCNUQKPENWFGVJGUJQTVGTKPVGTXCNEJGEMU
5GTXKEGRNCPU
$GUKFGUVJGFCKN[CPFOQPVJN[EJGEMUVJGUGTXKEGQRGTCVKQPUCTGITQWRGFKPRNCPU
ECNNGFUGTXKEGRNCPU#$CUURGEKHKGFKPVJGUEJGFWNGDGNQY
'CEJRNCPJCUCRTQITCOOGFVKOGKPVGTXCNCVYJKEJCNNUGTXKEGCEVKQPUDGNQPIKPIVQ
VJCVRNCPCTGVQDGECTTKGFQWV9JGPTGCEJKPIVJGKPVGTXCNCOGUUCIGYKNNCRRGCTQP
VJGUETGGPKPFKECVKPIYJKEJUGTXKEGRNCPUCTGVQDGECTTKGFQWVUGGUGEVKQP5VCVWU
FCVCOGPW#HVGTUGTXKEKPIVJGKPVGTXCNUOWUVDGTGUGVUGGUGEVKQP5GTXKEGOGPW
2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
)GPGTCN
2GTKQF 1RGTCVKQP
&CKN[ %JGEMQKNNGXGN
ŋ %JGEMTGCFKPIUQPFKURNC[
ŋ %JGEMVJCVEQPFGPUCVGKUFKUEJCTIGFFWTKPIQRGTCVKQP
ŋ %JGEMCKTHKNVGTUGTXKEGKPFKECVQT
ŋ &TCKPEQPFGPUCVG
OQPVJN[ %JGEMEQQNGTUENGCPKHPGEGUUCT[
ŋ 8KUWCNN[KPURGEVVJGHKNVGTRCFUQHVJGEQPXGTVGTECDKPGV%NGCPYKVJCPCKTLGVQT
TGRNCEGKHPGEGUUCT[+PURGEVOQTGHTGSWGPVN[KHVJGEQORTGUUQTKUQRGTCVGFKPC
FWUV[GPXKTQPOGPV
ŋ 1PEQORTGUUQTUYKVJKPVGTPCNFT[GTEJGEMEQPFGPUGTQHFT[GTCPFENGCPKH
PGEGUUCT[
ŋ 4GOQXGCKTHKNVGTGNGOGPVCPFKPURGEV+HPGEGUUCT[ENGCPWUKPICPCKTLGVCPF
KPURGEV+PURGEVOQTGHTGSWGPVN[KHVJGEQORTGUUQTKUQRGTCVGFKPCFWUV[
GPXKTQPOGPV
4GRNCEGFCOCIGFQTJGCXKN[EQPVCOKPCVGFGNGOGPVU
+PUVTWEVKQPOCPWCN
(QT)#WRVQ)#85&
QT[GCTN[YJKEJGXGTEQOGUHKTUV
+ORQTVCPV
Ő #NYC[UEQPUWNV#VNCU%QREQKHCVKOGTUGVVKPIJCUVQDGEJCPIGF
Ő (QTVJGEJCPIGKPVGTXCNQHQKNCPFQKNHKNVGTKPGZVTGOGEQPFKVKQPUQHVGORGTCVWTG
JWOKFKV[QTEQQNKPICKTEQPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTG
Ő #P[NGCMCIGUJQWNFDGCVVGPFGFVQKOOGFKCVGN[&COCIGFHNGZKDNGUQTHNGZKDNG
LQKPVUOWUVDGTGRNCEGF
&TKXGOQVQT
#VVGPVKQP
0GXGTOKZITGCUGUQHFKHHGTGPVDTCPFUQTV[RGU
(QT)#85&WRVQ)#85&
6JGEQTTGEVITGCUGV[RGECPDGQTFGTGFHTQO#VNCU%QREQUGGUGEVKQP5GTXKEGMKVU
Ő (QT)#85&WRVQ)#85&VJGDGCTKPIUOWUVDGTGITGCUGFYKVJ-.ª$'437+'6$3*
+PUVTWEVKQPOCPWCN
3WCPVKV[I
Q\RGTDGCTKPI
8KGYQHPQ\\NG)#85&WRVQ)#85&
6QTGITGCUGVJGOQVQTWPUETGYPQ\\NG
VWTPKVuCPFTGHKVKVCUUJQYPQPVJGRKEVQITCRJ
UGG
UGEVKQP2KEVQITCRJU4WPVJGTGITGCUKPIRTQITCOHTQOVJGň6GUVʼnUWDOGPWQPVJGTGIWNCVQT9JGPVJG
TGITGCUKPIRTQITCOJCUHKPKUJGFWPUETGYVJGPQ\\NGCPFTGHKVKVKPKVUQTKIKPCNRQUKVKQP
&WTKPIVJGTGITGCUKPIRTQITCOVJGEQORTGUUQTYKNNTWPHQTOKPWVGUCVNQYURGGF6JGEQORTGUUGF
CKTKUDNQYPQHHXKCUQNGPQKFXCNXG
#HVGTECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼnTGUGVVJGUGTXKEGYCTPKPIUGGUGEVKQP
5GTXKEGOGPW
6JGEQORTGUUQTECPDGRWVKPVQQRGTCVKQPCICKPD[RTGUUKPIVJGUVCTVDWVVQP
1KNURGEKHKECVKQPU
0GXGTOKZNWDTKECPVUQHFKHHGTGPVDTCPFUQTV[RGUCUVJG[OC[PQVDGEQORCVKDNGCPF
VJGQKNOKZYKNNJCXGKPHGTKQTRTQRGTVKGU#NCDGNKPFKECVKPIVJGV[RGQHQKNHKNNGFGZ
HCEVQT[KUUVWEMQPVJGCKTTGEGKXGTQKNVCPM
#NYC[UFTCKPVJGEQORTGUUQTQKNCVCNNFTCKPRQKPVU7UGFQKNNGHVKPVJGEQORTGUUQT
ECPEQPVCOKPCVGVJGQKNU[UVGOCPFECPUJQTVGPVJGNKHGVKOGQHVJGPGYQKN
+VKUUVTQPIN[TGEQOOGPFGFVQWUGIGPWKPG#VNCU%QREQ.WDTKECPVU6JG[CTGVJGTGUWNVQH[GCTUQH
GZVGPUKXGHKGNFGZRGTKGPEGCPFTGUGCTEJKPQWTNCDU5GGUGEVKQP2TGXGPVKXGOCKPVGPCPEGUEJGFWNGHQT
TGRNCEGOGPVKPVGTXCNUCPFUGEVKQP5GTXKEG-KVUHQTRCTVPWODGTKPHQTOCVKQP
#VNCU%QREQ4QVQ+PLGEV(NWKF
#VNCU%QREQ4QVQ+PLGEV(NWKFKUCURGEKCNN[FGXGNQRRGFNWDTKECPVHQTWUGKPUKPINGUVCIGQKNKPLGEVGFUETGY
EQORTGUUQTU+VUURGEKHKEEQORQUKVKQPMGGRUVJGEQORTGUUQTKPGZEGNNGPVEQPFKVKQP4QVQ+PLGEV(NWKFECP
DGWUGFHQTEQORTGUUQTUQRGTCVKPICVCODKGPVVGORGTCVWTGUDGVYGGPu%
u(CPFu%
u(
+PUVTWEVKQPOCPWCN
#VNCU%QREQ4QVQ:VGPF&WV[(NWKF
#VNCU%QREQ4QVQ:VGPF&WV[(NWKFKUCJKIJSWCNKV[U[PVJGVKENWDTKECPVHQTQKNKPLGEVGFUETGY
EQORTGUUQTUYJKEJMGGRUVJGEQORTGUUQTKPGZEGNNGPVEQPFKVKQP4QVQ:VGPF&WV[(NWKFECPDGWUGFHQT
EQORTGUUQTUQRGTCVKPICVCODKGPVVGORGTCVWTGUDGVYGGPu%
u(CPFu%
u(
#VNCU%QREQ4QVQ(QQFITCFG(NWKF
5RGEKCNQKNFGNKXGTGFCUCPQRVKQP
#VNCU%QREQ4QVQ(QQFITCFGHNWKFKUCWPKSWGJKIJSWCNKV[U[PVJGVKENWDTKECPVURGEKCNN[ETGCVGFHQTQKN
KPLGEVGFUETGYEQORTGUUQTUVJCVRTQXKFGCKTHQTVJGHQQFKPFWUVT[6JKUNWDTKECPVMGGRUVJGEQORTGUUQT
KPGZEGNNGPVEQPFKVKQP4QVQ(QQFITCFG(NWKFECPDGWUGFHQTEQORTGUUQTUQRGTCVKPICVCODKGPV
VGORGTCVWTGUDGVYGGPu%
u(CPFu%
u(
1KNCPFQKNHKNVGTEJCPIG
9CTPKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
2TQEGFWTG
1KNU[UVGOEQORQPGPVUQH)#85&WRVQ)#85&
+PUVTWEVKQPOCPWCN
1KNFTCKPRNWIQH)#85&WRVQ)#85&
4WPVJGEQORTGUUQTWPVKNYCTOENQUGVJGCKTQWVNGVXCNXGCPFNGVVJGEQORTGUUQTTWPHQT
OKPWVGUCVOKPKOWOURGGF5VQRVJGEQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPQRGP
OCPWCNFTCKPXCNXGCPFYCKVWPVKNVJGEQORTGUUQTJCUFGRTGUUWTK\GF
7PUETGYQKNHKNNGTRNWI
(%QPN[QPGVWTPVQRGTOKVCP[RTGUUWTGKPVJGU[UVGOVQGUECRG
.QQUGPVJGXGPVRNWIQHVJGQKNEQQNGTCPFYCKVHQTOKPWVGU5GGUGEVKQP+PVTQFWEVKQPHQTVJG
RQUKVKQPQHVJGXGPVRNWI
82
&TCKPVJGQKND[TGOQXKPIVJGFTCKPRNWIU
Ő 1PVJGCKTTGEGKXGT
&2
Ő 1PVJGEJGEMXCNXG
&2
%QNNGEVVJGQKNKPCEQNNGEVQTCPFFGNKXGTKVVQVJGNQECNEQNNGEVKQPUGTXKEG4GHKVCPFVKIJVGPVJG
FTCKPCPFXGPVRNWIUCHVGTFTCKPKPI
4GOQXGVJGQKNHKNVGT
1(%NGCPVJGUGCVQPVJGOCPKHQNF1KNVJGICUMGVQHVJGPGYHKNVGTCPF
UETGYKVKPVQRNCEG6KIJVGPHKTON[D[JCPF
4GOQXGHKNNGTRNWI
(%
(KNNVJGCKTTGEGKXGT
#4YKVJQKNWPVKNVJGNGXGNTGCEJGUVJGHKNNGTPGEM
6CMGECTGVJCVPQFKTVFTQRUKPVQVJGU[UVGO4GHKVCPFVKIJVGPHKNNGTRNWI
(%
4WPVJGEQORTGUUQTNQCFGFHQTCHGYOKPWVGU5VQRVJGEQORTGUUQTCPFYCKVCHGYOKPWVGU
VQCNNQYVJGQKNVQUGVVNG
&GRTGUUWTKUGVJGU[UVGOD[WPUETGYKPIHKNNGTRNWI
(%QPN[QPGVWTPVQRGTOKVCP[RTGUUWTG
KPVJGU[UVGOVQGUECRG4GOQXGVJGRNWI
(KNNVJGCKTTGEGKXGTYKVJQKNWPVKNVJGNGXGNTGCEJGUVJGHKNNGTPGEM
6KIJVGPVJGHKNNGTRNWI
4GUGVVJGUGTXKEGVKOGT
Ő #HVGTECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼnTGUGVVJGUGTXKEG
YCTPKPIUGGUGEVKQP5GTXKEGOGPW
+PUVTWEVKQPOCPWCN
&KURQUCNQHWUGFOCVGTKCN
7UGFHKNVGTUQTCP[QVJGTWUGFOCVGTKCN
GIFGUKEECPVNWDTKECPVUENGCPKPITCIUOCEJKPGRCTVUGVE
OWUVDGFKURQUGFQHKPCPGPXKTQPOGPVCNN[HTKGPFN[CPFUCHGOCPPGTCPFKPNKPGYKVJVJGNQECN
TGEQOOGPFCVKQPUCPFGPXKTQPOGPVCNNGIKUNCVKQP
5VQTCIGCHVGTKPUVCNNCVKQP
2TQEGFWTG
4WPVJGEQORTGUUQTGIVYKEGCYGGMWPVKNYCTO
+HVJGEQORTGUUQTKUIQKPIVQDGUVQTGFYKVJQWVTWPPKPIHTQOVKOGVQVKOG
RTQVGEVKXGOGCUWTGUOWUVDGVCMGP%QPUWNV#VNCU%QREQ
5GTXKEGMKVU
5GTXKEGMKVU
(QTQXGTJCWNKPICPFHQTRTGXGPVKXGOCKPVGPCPEGCYKFGTCPIGQHUGTXKEGMKVUKUCXCKNCDNG5GTXKEGMKVU
EQORTKUGCNNRCTVUTGSWKTGFHQTUGTXKEKPIVJGEQORQPGPVCPFQHHGTVJGDGPGHKVUQHIGPWKPG#VNCU%QREQ
RCTVUYJKNGMGGRKPIVJGOCKPVGPCPEGDWFIGVNQY
#NUQCHWNNTCPIGQHGZVGPUKXGN[VGUVGFNWDTKECPVUUWKVCDNGHQT[QWTURGEKHKEPGGFUKUCXCKNCDNGVQMGGRVJG
EQORTGUUQTKPGZEGNNGPVEQPFKVKQP
%QPUWNVVJG5RCTG2CTVU.KUVHQTRCTVPWODGTU
+PUVTWEVKQPOCPWCN
#FLWUVOGPVUCPFUGTXKEKPIRTQEGFWTGU
#KTHKNVGT
.QECVKQPQHCKTHKNVGT
#KTHKNVGT)#85&WRVQ)#85&
5GTXKEGKPFKECVQT)#85&WRVQ)#85&
4GEQOOGPFCVKQPU
0GXGTTGOQXGVJGGNGOGPVYJKNGVJGEQORTGUUQTKUTWPPKPI
(QTOKPKOWOFQYPVKOGTGRNCEGVJGFKTV[GNGOGPVD[CPGYQPG
&KUECTFVJGGNGOGPVYJGPFCOCIGF
2TQEGFWTG
5VQRVJGEQORTGUUQT5YKVEJQHHVJGXQNVCIG
4GOQXGVJGEQXGTQHCKTHKNVGT
#(D[VWTPKPIKVCPVKENQEMYKUG4GOQXGVJGHKNVGTGNGOGPV+H
PGEGUUCT[ENGCPVJGEQXGT
(KVVJGPGYGNGOGPVCPFVJGEQXGT
4GUGVUGTXKEGKPFKECVQT
D[RWUJKPIVJGMPQDKPVJGGZVTGOKV[QHVJGDQF[
4GUGVVJGCKTHKNVGTUGTXKEGYCTPKPI
+PUVTWEVKQPOCPWCN
#HVGTECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼnTGUGVVJGUGTXKEGYCTPKPIUGG
UGEVKQP5GTXKEGOGPW
%QQNGTU
%NGCPKPI
-GGRVJGEQQNGTUENGCPVQOCKPVCKPGHHKEKGPE[
6QHCEKNKVCVGGZVGTPCNENGCPKPIQHVJGEQQNGTUVJGUKFGRCPGNUECPDGTGOQXGF
1PCKTEQQNGFEQORTGUUQTU
Ő $GHQTGENGCPKPIFGRTGUUWTK\GVJGEQORTGUUQT5GGUGEVKQP2TQDNGOUQNXKPI
Ő %QXGTCNNRCTVUWPFGTVJGEQQNGTU
Ő 4GOQXGCP[FKTVHTQOVJGEQQNGTUYKVJCHKDTGDTWUJ0GXGTWUGCYKTGDTWUJQTOGVCNQDLGEVU
Ő 6JGPENGCPD[CKTLGVKPTGXGTUGFKTGEVKQPQHPQTOCNHNQY
Ő +HKVKUPGEGUUCT[VQYCUJVJGEQQNGTUYKVJCENGCPKPICIGPVEQPUWNV#VNCU%QREQ
4GHKVVJGUKFGRCPGNU
5CHGV[XCNXG
.QECVKQPQHUCHGV[XCNXG
)#85&WRVQ)#85&
1RGTCVKPI
1RGTCVGVJGUCHGV[XCNXGD[WPUETGYKPIVJGECRQPGQTVYQVWTPUCPFTGVKIJVGPKPIKV
+PUVTWEVKQPOCPWCN
6GUVKPI
$GHQTGTGOQXKPIVJGXCNXGFGRTGUUWTK\GVJGEQORTGUUQT5GGUGEVKQP2TQDNGOUQNXKPI
8CNXG
58ECPDGVGUVGFQPCUGRCTCVGCKTNKPG+HVJGXCNXGFQGUPQVQRGPCVVJGUGVRTGUUWTGURGEKHKGF
QPVJGXCNXGEQPUWNV#VNCU%QREQ
9CTPKPI
0QCFLWUVOGPVUCTGCNNQYGF0GXGTTWPVJGEQORTGUUQTYKVJQWVUCHGV[XCNXG
+PUVTWEVKQPOCPWCN
2TQDNGOUQNXKPI
2TQDNGOUQNXKPI
9CTPKPI
$GHQTGECTT[KPIQWVCP[OCKPVGPCPEGTGRCKTYQTMQTCFLWUVOGPVRTGUUVJGUVQR
DWVVQPYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGFRTGUUVJGGOGTIGPE[UVQRDWVVQP
CPFUYKVEJQHHVJGXQNVCIG
%NQUGVJGCKTQWVNGVXCNXGCPFQRGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXG&GRTGUUWTKUG
VJGEQORTGUUQTD[QRGPKPIVJGQKNHKNNGTRNWIQPGVWTP
(QTNQECVKQPQHEQORQPGPVUUGGUGEVKQPU
Ő +PVTQFWEVKQP
Ő %QPFGPUCVGU[UVGO
Ő +PKVKCNUVCTVWR
1RGPCPFNQEMVJGKUQNCVKPIUYKVEJ
6JGCKTQWVNGVXCNXGECPDGNQEMGFFWTKPIOCKPVGPCPEGQTTGRCKTCUHQNNQYU
Ő %NQUGVJGXCNXG
Ő 4GOQXGVJGUETGYHKZKPIVJGJCPFNGYKVJVJGYTGPEJFGNKXGTGFYKVJVJG
EQORTGUUQT
Ő .KHVVJGJCPFNGCPFVWTPKVWPVKNVJGUNQVQHVJGJCPFNGHKVUQXGTVJGDNQEMKPIGFIG
QPVJGXCNXGDQF[
Ő (KVVJGUETGY
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
$GHQTGOGEJCPKECNOCKPVGPCPEG
1RGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGCPFYCKVHQTCVNGCUVUGEQPFU
VKOG
PGGFGFHQTVJGEQORTGUUQTVQFGRTGUUWTK\G
(QTNQECVKQPQHEQORQPGPVUUGGUGEVKQP%QPFGPUCVGU[UVGO
$GHQTGGNGEVTKECNOCKPVGPCPEG
9CKVHQTCVNGCUVOKPWVGUDGHQTGUVCTVKPICP[GNGEVTKECNTGRCKTUCUJC\CTQWUJKIJ
XQNVCIGTGOCKPUQPVJGEQPFGPUGTUQHVJGUVCTVCPFURGGFTGIWNCVKQPWPKVHQT
OKPWVGUCHVGTUYKVEJKPIQHHVJGXQNVCIG
(CWNVUCPFTGOGFKGU
+HVJGCNCTO.'&KUNKVQTHNCUJGUEQPUWNVUGEVKQPU5VCVWUFCVCOGPWCPF5GTXKEGOGPW
+PUVTWEVKQPOCPWCN
+PUVTWEVKQPOCPWCN
6GEJPKECNFCVC
4GCFKPIUQPFKURNC[
&KURNC[QH'NGMVTQPKMQPTGIWNCVQT
'NGMVTQPKMQP++TGIWNCVQT
+ORQTVCPV
6JGTGCFKPIUOGPVKQPGFDGNQYCTGXCNKFWPFGTVJGTGHGTGPEGEQPFKVKQPU
UGGUGEVKQP
4GHGTGPEGEQPFKVKQPUCPFNKOKVCVKQPU
4GHGTGPEG 4GCFKPI
#KTQWVNGVRTGUUWTG &GRGPFUQPVJGUGVRQKPV
FGUKTGFPGVRTGUUWTG
%QORTGUUQTGNGOGPV #RRTQZu%
u(CDQXGCODKGPVVGORGTCVWTG
QWVNGVVGORGTCVWTG
&GYRQKPVVGORGTCVWTG #RRTQZu%
u(
'NGEVTKEECDNGUK\GCPFHWUGU
#VVGPVKQP
6JGXQNVCIGQPVJGEQORTGUUQTVGTOKPCNUOWUVPQVFGXKCVGOQTGVJCPQHVJG
PQOKPCNXQNVCIG
+VKUJKIJN[TGEQOOGPFGFVQMGGRVJGXQNVCIGFTQRQXGTVJGUWRRN[ECDNGUCVPQOKPCN
EWTTGPVDGNQYQHVJGPQOKPCNXQNVCIG
+'%+HECDNGUCTGITQWRGFVQIGVJGT
YKVJQVJGTRQYGTECDNGUKVOC[DGPGEGUUCT[VQWUGECDNGUQHCNCTIGTUK\GVJCPVJQUG
ECNEWNCVGFHQTVJGUVCPFCTFQRGTCVKPIEQPFKVKQPU
7UGVJGQTKIKPCNECDNGGPVT[5GGUGEVKQP&KOGPUKQPFTCYKPIU
.QECNTGIWNCVKQPUTGOCKPCRRNKECDNGKHVJG[CTGUVTKEVGTVJCPVJGXCNWGURTQRQUGFDGNQY
+PUVTWEVKQPOCPWCN
+'%XGTUKQPU
(QT+'%FGUKIPGFEQPVTQNRCPGNUVJGDGNQYUWIIGUVGFECDNGUGEVKQPUCTGECNEWNCVGFCEEQTFKPIVQ
GNGEVTKECNKPUVCNNCVKQPUQHDWKNFKPIURCTVUGNGEVKQPCPFGTGEVKQPGSWKROGPVUGEVKQPEWTTGPV
ECTT[KPIECRCEKVKGUKPYKTKPIU[UVGOU
5VCPFCTFEQPFKVKQPUTGHGTVQNQQUGEQRRGTEQPFWEVQTUQTOWNVKEQTGECDNGYKVJu%28%KPUWNCVKQPKP
HTGGCKTQTQPQRGPECDNGVTC[U
KPUVCNNCVKQPOGVJQF%CVu%CODKGPVVGORGTCVWTGCPFQRGTCVKPICV
PQOKPCNXQNVCIG6JGECDNGUOC[PQVDGITQWRGFYKVJQVJGTRQYGTEKTEWKVUQTECDNGU
9QTUVECUGEQPFKVKQPUTGHGTVQ
Ő CODKGPVVGORGTCVWTG u%
u(
Ő ECDNGUKPENQUGFTCEGYC[EQPFWKVQTVTWPMKPIU[UVGO
KPUVCNNCVKQPOGVJQF$CVu%CODKGPV
VGORGTCVWTG
Ő ECDNGUPQVITQWRGFYKVJQVJGTECDNGU
(WUGECNEWNCVKQPUHQT+'%CTGFQPGCEEQTFKPIVQGNGEVTKECNKPUVCNNCVKQPUQHDWKNFKPIURCTV
RTQVGEVKQPHQTUCHGV[UGEVKQPRTQVGEVKQPCICKPUVQXGTEWTTGPV(WUGUK\GUCTGECNEWNCVGFKPQTFGTVQ
RTQVGEVVJGECDNGCICKPUVUJQTVEKTEWKV(WUGV[RGC/KUTGEQOOGPFGFDWVI)I.KUCNUQCNNQYGF
%5#7.XGTUKQPU
(QT7.FGUKIPGFOCEJKPGUECNEWNCVKQPUHQTECDNGUGEVKQPUCPFHWUGUCTGFQPGCEEQTFKPIVQ7.#
+PFWUVTKCNEQPVTQNRCPGNU
(QT%5#ECNEWNCVKQPUHQTECDNGUGEVKQPUCPFHWUGUCTGFQPGCEEQTFKPIVQ%5#
%CPCFKCPGNGEVTKECN
EQFG
5VCPFCTFEQPFKVKQPUOCZKOWOEQRRGTEQPFWEVQTUKPTCEGYC[QTECDNGYKVJu%
u(
KPUWNCVKQPCVCODKGPVVGORGTCVWTGu%
u(QRGTCVKPICVPQOKPCNXQNVCIGECDNGUPQVITQWRGFYKVJ
QVJGTECDNGU
9QTUVECUGEQPFKVKQPUCODKGPVVGORGTCVWTG u%
u(OCZEQRRGTEQPFWEVQTUKPTCEGYC[QT
ECDNGYKVJu%
u(KPUWNCVKQPCVu%
u(CODKGPVVGORGTCVWTGCPFQRGTCVKPICV
PQOKPCNXQNVCIG%CDNGUPQVITQWRGFYKVJQVJGTECDNGU
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HQTO++HQT7.HWUGENCUU4-
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YQTUVECUGEQPFKVKQPUUJQWNFDGWUGF
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OGVJQFUYKVJQWVVJGYTKVVGPRGTOKUUKQPQHVJGOCPWHCEVWTGT
6JGRTGUUWTGCPFVGORGTCVWTGQHVJKUXGUUGNOWUVDGENGCTN[KPFKECVGF
6JGUCHGV[XCNXGOWUVEQTTGURQPFYKVJRTGUUWTGUWTIGUQHVKOGUVJGOCZKOWO
CNNQYCDNGQRGTCVKPIRTGUUWTG+VUJQWNFIWCTCPVGGVJCVVJGRTGUUWTGYKNNPQV
RGTOCPGPVN[GZEGGFVJGOCZKOWOCNNQYCDNGQRGTCVKPIRTGUUWTGQHVJGXGUUGN
7UGQPN[QKNCUURGEKHKGFD[VJGOCPWHCEVWTGT
6JKUXGUUGNJCUDGGPFGUKIPGFCPFDWKNVVQIWCTCPVGGCPQRGTCVKQPCNNKHVGVKOGKPGZEGUU
QH[GCTUCPFCPKPHKPKVGPWODGTQHRTGUUWTGNQCFE[ENGU6JGTGKUPQKPVTKPUKEPGGF
HQTKPUGTXKEGKPURGEVKQPQHVJGXGUUGNYJGPWUGFYKVJKPVJGFGUKIPNKOKVUHQTKVU
KPVGPFGFCRRNKECVKQP*QYGXGTPCVKQPCNNGIKUNCVKQPOC[TGSWKTGKPUGTXKEGKPURGEVKQP
1TKIKPCNDQNVUJCXGVQDGWUGFCHVGTQRGPKPIHQTKPURGEVKQP6JGOCZKOWOVQTSWGJCUVQ
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ECVGIQT[++CPFJKIJGTCEEQTFKPIVQVJG2TGUUWTG'SWKROGPV&KTGEVKXG'%CPFCNNRTGUUWTG
GSWKROGPVCEEQTFKPIVQVJG5KORNG2TGUUWTG8GUUGN&KTGEVKXG''%
%QORQPGPVUUWDLGEVVQ'%2TGUUWTG'SWKROGPV&KTGEVKXGITGCVGTVJCPQTGSWCNVQECVGIQT[++
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)WKFGNKPGUHQTKPURGEVKQP
1PVJG&GENCTCVKQPQH%QPHQTOKV[&GENCTCVKQPD[VJG/CPWHCEVWTGTVJGJCTOQPKUGFCPFQTQVJGT
UVCPFCTFUVJCVJCXGDGGPWUGFHQTVJGFGUKIPCTGUJQYPCPFQTTGHGTTGFVQ6JG&GENCTCVKQPQH
%QPHQTOKV[&GENCTCVKQPD[VJG/CPWHCEVWTGTKURCTVQHVJGFQEWOGPVCVKQPVJCVKUUWRRNKGFYKVJVJKU
EQORTGUUQT
.QECN.GICNTGSWKTGOGPVUCPFQTWUGQWVUKFGVJGNKOKVUCPFQTEQPFKVKQPUCUURGEKHKGFD[#VNCU%QREQ
OC[TGSWKTGQVJGTKPURGEVKQPRGTKQFUCUOGPVKQPGFDGNQY
GA 15 VSD, GA 18 VSD, GA 22 VSD, GA 30 VSD
Instruction Book
What sets Atlas Copco apart as a company is our
conviction that we can only excel in what we do if we
provide the best possible know-how and technology to
really help our customers produce, grow and succeed.