$07&3 4503:
2VBMJUBUJWF (SPXUI
8<(30;(;0=,
.96>;/
" DPODFQUVBM GSBNFXPSL GPS ¾OEJOH TPMVUJPOT UP PVS DVSSFOU DSJTJT UIBU BSF FDPOPNJDBMMZ
TPVOE FDPMPHJDBMMZ TVTUBJOBCMF BOE TPDJBMMZ KVTU #Z 'SJUKPG $BQSB BOE )B[FM )FOEFSTPO
BCPVU
UIF BVUIPST
'SJUKPG $BQSB QIZTJDJTU
BOE TZTUFNT UIFPSJTU JT
B GPVOEJOH EJSFDUPS PG UIF
$FOUFS GPS &DPMJUFSBDZ JO
#FSLFMFZ $BMJGPSOJB )F JT
UIF BVUIPS PG 5IF 8FC PG
-JGF BOE 5IF )JEEFO
$POOFDUJPOT )F DP
BVUIPSFE &DP.BOBHFNFOU
BOE DP FEJUFE
4UFFSJOH #VTJOFTT 5PXBSE
4VTUBJOBCJMJUZ
)B[FM )FOEFSTPO BVUIPS
PG &UIJDBM .BSLFUT
(SPXJOH UIF (SFFO
&DPOPNZ BOE
DP DSFBUPS XJUI UIF $BMWFSU
(SPVQ PG UIF $BMWFSU
)FOEFSTPO 2VBMJUZ PG -JGF
*OEJDBUPST TFSWFE PO UIF
0SHBOJTJOH $PNNJUUFF
GPS UIF #FZPOE (%1
DPOGFSFODF JO UIF &VSPQFBO
1BSMJBNFOU
5IF /FX &DPOPNZ 4VNNFS
;OL J\YYLU[ NSVIHS YLJLZZPVU
OHZ ILLU KVTPUH[PUN [OL
UL^Z ZPUJL [OL ILNPUUPUN
VM [OL `LHY ,]LY` KH`
^L OLHY HIV\[ WLVWSL
I\`PUN ML^LY JHYZ MHJ[VYPLZ [OH[ WYVK\JLK
ZWVY[-\[PSP[` HUK YLJYLH[PVUHS ]LOPJSLZ
ILPUN JSVZLK VPS JVUZ\TW[PVU HUK [O\Z
[OL WYPJL VM VPS KLJYLHZPUN KYHTH[PJHSS`
YL[HPSLYZ JVTWSHPUPUN HIV\[ JVUZ\TLYZ
ZWLUKPUN SLZZ TVUL` VU S\_\Y` P[LTZ HUK
ZV VU -YVT HU LJVSVNPJHS WVPU[ VM ]PL^
HSS VM [OPZ PZ NVVK UL^Z ZPUJL JVU[PU\PUN
NYV^[O VM Z\JO TH[LYPHS JVUZ\TW[PVU VU H
ÃUP[L WSHUL[ JHU VUS` SLHK [V JH[HZ[YVWOL
([ [OL ZHTL [PTL ^L OLHY KH` HM[LY KH`
HIV\[ JVTWHUPLZ [OH[ YLZWVUK [V [OL
KLJYLHZL PU [OLPY ZHSLZ I` YLK\JPUN [OLPY
^VYRMVYJL YH[OLY [OHU YLK\JPUN [OLPY
WYVÃ[Z VY [HRPUN SVZZLZ ;O\Z L]LY` KLJYLHZL
VM TH[LYPHS V]LY-JVUZ\TW[PVU ^OPJO PZ
NVVK UL^Z LJVSVNPJHSS` ZWLHRPUN LU[HPSZ
O\THU OHYKZOPW [OYV\NO PUJYLHZPUN QVI
SVZZLZ ([ [OL ZHTL [PTL V]LY [^V IPSSPVU
WLVWSL ^OV KV UV[ V]LY-JVUZ\TL HYL L]LU
M\Y[OLY KLWYP]LK I` JVU]LU[PVUHS LJVUVTPJ
NYV^[O MYLL [YHKL HUK NSVIHSPZH[PVU
0[ ZLLTZ [OH[ V\Y RL` JOHSSLUNL PZ OV^
[V ZOPM[ MYVT HU LJVUVTPJ Z`Z[LT IHZLK VU
[OL UV[PVU VM \USPTP[LK NYV^[O [V VUL [OH[
PZ IV[O LJVSVNPJHSS` Z\Z[HPUHISL HUK ZVJPHSS`
Q\Z[ ·5V NYV^[O¸ PZ UV[ [OL HUZ^LY
.YV^[O PZ H JLU[YHS JOHYHJ[LYPZ[PJ VM HSS SPML"
H ZVJPL[` VY LJVUVT` [OH[ KVLZ UV[ NYV^
^PSS KPL ZVVULY VY SH[LY .YV^[O PU UH[\YL
OV^L]LY PZ UV[ SPULHY HUK \USPTP[LK
>OPSL JLY[HPU WHY[Z VM VYNHUPZTZ VY
LJVZ`Z[LTZ NYV^ V[OLYZ KLJSPUL YLSLHZPUN
HUK YLJ`JSPUN [OLPY JVTWVULU[Z ^OPJO
ILJVTL YLZV\YJLZ MVY UL^ NYV^[O
0U [OPZ LZZH` ^L ^HU[ [V KLÃUL
HUK KLZJYPIL [OPZ RPUK VM IHSHUJLK
T\S[P�MHJL[LK NYV^[O ^LSS RUV^U [V
IPVSVNPZ[Z HUK LJVSVNPZ[Z HUK HWWS`
P[Z WYPUJPWSLZ [V [OL LJVUVT` HUK PU
WHY[PJ\SHY [V [OL J\YYLU[ LJVUVTPJ JYPZPZ
>L WYVWVZL [V \ZL [OL [LYT ·X\HSP[H[P]L
NYV^[O¸ MVY [OPZ W\YWVZL PU JVU[YHZ[ [V [OL
JVUJLW[ VM X\HU[P[H[P]L NYV^[O \ZLK I`
LJVUVTPZ[Z
;OL LJVUVTPZ[Zº WYHJ[PJL VM LX\H[PUN
NYV^[O ^P[O ZVJPHS ·WYVNYLZZ¸ OHZ ILLU
JYP[PX\LK I` LU]PYVUTLU[HSPZ[Z LJVSVNPZ[Z
HUK JP]PJ NYV\WZ KLKPJH[LK [V ZVJPHS Q\Z[PJL
0[ ^HZ ÃYZ[ ^PKLS` JOHSSLUNLK H[ [OL ZLJVUK