CDU(L@G@3,XLÆ
%FW².­I­UNZBN

r(¯F@1X$ML
]]°S²EVSH­ZBJOBNBÁ]]


 Vr(¯F@1RÏYS(
]]BUIB°S²EVSH­TBQUB°BU²]]

eVL@D7X@X
QSBUIBNP...
g|@;H
LG@J@K(
BTZB°S²QSBUIBNBDBSJUSBTZB]CSBIN­®¹JÁ]NBI­L­M²
%FW².­I­UNZBNPage 2 of 150

CDUS@
F@X`(#-C
M-C@YHÄ
QÄCH-SJ@
EFWBU­]H­ZBUS²DIBOEBÁ]OBOE­°BLUJÁ]SBLUBEBOUJL­

A(ILÆ
Hƒ2S_ULÆ
;UDC2UmOLÆ
C²KBN]BHOJTUBUUWBN]®HWFEBÁTWBSÄQBN]

r(LG@J@K(e(3XVD1eVLBHQ`IODHUHMX@DF
°S²NBI­L­M²QS²UZBSUIFQSBUIBNBDBSJUSBKBQFWJOJZPHBÁ]
7X@MLÆ
]EIZ­OBN]

?NEFBÖFCDTB@OOHQÇ@°#4KÃTYTZE(ŸHYQ
PNLIBºHB©DBLSBHBEF¹VD­QBQBSJHI­¸DIÄMB©CIV°V´º²©°JSBÁ

YœR-CWS(ŸJQ$HvMXM@RU@1...
°BµLIB©TBOEBEIBU²©LBSBJTUSJOBZBO­©TBSW­µHBCIĹ­W®U­N]

M(K@9L
THSL@2XO@CCYJ@RDUDLG@J@HKJ@
O²M­°NBEZVUJN­TZBQ­EBEB°BL­©TFWF...
%FW².­I­UNZBNPage 3 of 150

?DL@J1ZEDXU@B

PNBJ©N­SLB´ºFZBVW­DB]]]]

R@UH:1R4X1SMX@DX@DLMTJ6XSDuL
T­WBS´JÁTÄSZBUBOBZPZPNBOVÁLBUIZBUF¹¾BNBÁ]

HMY@LXS¯3OH^HU2SQ@¶CS@DLL

OJ°­NBZBUBEVUQBUUJ©WJTUBS­EHBEBUPNBNB]]]]

LG@L@X@MT...
NBI­N­Z­OVCI­WFOBZBUI­NBOWBOUBS­EIJQBÁ]

RAÃ4ULG@Ã@FR@UH:12SMX@DQUD

TBCBCIÄWBNBI­CI­HBÁT­WBS´JTUBOBZPSBWFÁ]]]]

2U@Q@DHBD...
TW­SPDJ¹FOUBSFQÄSWB©DBJUSBWB©°BTBNVECIBWBÁ]

RTQV@DM@LQ@I@Ã43RL2SDHHSLZEKD

TVSBUIPO­NBS­K­CIÄUTBNBTUFL¹JUJNB´ºBMF]]]]

S2...
UBTZBQ­MBZBUBÁTBNZBLQSBK­ÁQVUS­OJWBVSBT­O]

AÃ4UTY`U@DÃ4O@J@DK@HU7UHRM2SC@

CBCIÄWVÁ°BUSBWPCIÄQ­ÁLPM­WJEIWB©TJOBTUBE­]]]]
%FW².­I­UNZBNPage 4 of 150

S2XS$QÃUCXTµLHSeAKCHZEM
UBTZBUBJSBCIBWBEZVEEIBNBUJQSBCBMBEB´ºJOBÁ]

-X4M$QHORS$XT1µDJ@DK@HU7UHRHÃHI1S

OZÄOBJSBQJTBUBJSZVEEIFLPM­WJEIWB©TJCIJSKJUB...
UBUBÁTWBQVSBN­Z­UPOJKBEF°­EIJQPCIBWBU]

@Ö@-SRLG@Ã@F2S$2SC@eAK@HQHÃ

­LS­OUBÁTBNBI­CI­HBTUBJTUBE­QSBCBM­SJCIJÁ]]]]

L@3X$A...
BN­UZBJSCBMJCIJSEV¹¾BJSEVSCBMBTZBEVS­UNBCIJÁ]

J@DY@DAKB@OzSS`@HO2UOTQDSS

LP°PCBMB©D­QBI®UB©UBUS­QJTWBQVSFUBUBÁ]]]]

SS@D...
UBUPN®HBZ­WZ­KFOBI®UBTW­NZBÁTBCIÄQBUJÁ]

J@J(GXL@kÐIF@LFGMUMLÆ

FL­L²IBZBN­SVIZBKBH­NBHBIBOB©WBOBN]]]]

RS`@rLL¸@(HCbIUX1...
TBUBUS­°SBNBNBES­L¹²EEWJKBWBSZBTZBNFEIBTBÁ]

eY@-Ss@OC@J(:’LTHMHYX@DOY@DHÃSLÆ

QSB°­OUB°W­QBE­L²S´B©NVOJ°J¹ZPQB°PCIJUBN]]]...
%FW².­I­UNZBNPage 5 of 150

S2V@$JH®3RJ@KBLTHMM@SDMR3J•S
UBTUIBVLB¸DJUTBL­MB©DBNVOJO­UFOBTBUL®UBÁ]

ÅSoDSoHUBQ2SH2LMÆLTHMUQ@rLD

JUB°DFUB°DBWJDBSB©TUBTNJONVOJWBS­°SBNF]]]]

R@DHB-...
TPDJOUBZBUUBE­UBUSBNBNBUW­L®¹¾BN­OBTBÁ]

L3O4U$1O@HKSO4U’LX@G(MOTQHGSSÆ

NBUQÄSWBJÁQ­MJUB©QÄSWB©NBZ­I²OB©QVSB©IJUBU]]]]

L...
NBECI®UZBJTUBJSBTBEW®UUBJSEIBSNBUBÁQ­MZBUFOBW­]

MI@MDReW@M@DLDY4Q@DG2S(RC@LC

OBK­OFTBQSBEI­OPNF°ÄSPIBTU²TBE­NBEBÁ]]]]

L...
NBNBWBJSJWB°B©Z­UBÁL­OCIPH­OVQBMBQTZBUF]

XDLL@MTFS@HM3XeR@CWMÃ@DIM$

ZFNBN­OVHBU­OJUZB©QSBT­EBEIBOBCIPKBOBJÁ]]]]

MTUH^ŠT...
BOVW®UUJ©EISVWB©UFEZBLVSWBOUZBOZBNBI²CI®U­N]

R,X5XXY(K$2S$J—U1HaRSS5XXLÆ

BTBNZBHWZBZB°²MBJTUBJÁLVSWBECIJÁTBUBUB©WZBZBN]]...
%FW².­I­UNZBNPage 6 of 150

RHBSR@DHS¯NDMXJ@DY@DFHLXHS
TB¸DJUBÁTPUJEVÁLIFOBL¹BZB©LP°PHBNJ¹ZBUJ]

S×@-X×RSSHB-SX@L@RO@HV1U

FUBDD­OZBDDBTBUBUB©DJOUBZ­N­TBQ­SUIJWBÁ]]]]

S`HUe@rL@...
UBUSBWJQS­°SBN­CIZ­°FWBJ°ZBNFLB©EBEBS°BTBÁ]

ROu2SDMJ23UÃ@DGDSTo@FLMD`J

TBQ®¹¾BTUFOBLBTUWB©CIPIFUV°D­HBNBOFUSBLBÁ]]]]

RY...
TB°PLBJWBLBTN­UUWB©EVSNBO­JWBMBL¹ZBTF]

Å3X@JZX1UB2S2XÃ4OSDe:X@DHCSLÆ

JUZ­LBS´ZBWBDBTUBTZBCIÄQBUFÁQSB´BZPEJUBN]]]]

e3XTU...
%FW².­I­UNZBNPage 7 of 150

OT`C@Q$HM1Q2SoWMK@DÃ@CR@WTHÃ
QVUSBE­SBJSOJSBTUB°DBEIBOBMPCI­EBT­EIVCIJÁ]

HUG(MoWM$C@1Q$OT`$Q@C@XLDWMLÆ

WJI²OB°DBEIBOBJSE­SBJÁQVUSBJS­E­ZBNFEIBOBN]]]]...
WBOBNBCIZ­HBUPEVÁLI²OJSBTUB°D­QUBCBOEIVCIJÁ]

R@DGMUDH¹OT`@:@J—YK@J—YK@H3LJ@LÆ

TPIB©OBWFENJQVUS­´­©LV°BM­LV°BM­UNJL­N]]]]...
QSBW®UUJ©TWBKBO­O­©DBE­S­´­©D­USBTB©TUIJUBÁ]

HJMTSD@FGDDLLDLHJMTR@,eSLÆ

LJ©OVUF¹­©H®IFL¹FNBNBL¹FNB©LJ©OVT­NQSBUBN]]]]

J...
%FW².­I­UNZBNPage 8 of 150

SDTHJÃUSxDGLMTAÓ@HSL@MRLÆ

UF¹VLJ©CIBWBUBÁTOFIBNBOVCBEIO­UJN­OBTBN]]]]

U$9XU@B

WBJ°ZBVW­DB]]...
LJ©LBSPNJOBCBEIO­UJNBNBOJ¹¾IVSBU­©NBOBÁ]

X$R3X)XHOSxDGWMKT!W$HM1Q@J•S

ZBJÁTBOUZBKZBQJU®TOFIB©EIBOBMVCEIBJSOJS­L®UBÁ]]]]
...
QBUJTWBKBOBI­SEB©DBI­SEJUF¹WFWBNFNBOBÁ]

HJLDSº@HÃI@M@HLI@MºHOLG@LSD

LJNFUBOO­CIJK­O­NJK­OBOOBQJNBI­NBUF]]]]

X3eDLeU:HB^...
ZBUQSFNBQSBWB´B©DJUUB©WJHV´F¹WBQJCBOEIV¹V]

SD@J•SDLDHMs@R@DC@$L1M2XBI@XSD

UF¹­©L®UFNFOJÁ°W­TPEBVSNBOBTZB©DBK­ZBUF]]]]
%FW².­I­UNZBNPage 9 of 150

JQ@DHLHJXºLM2SDUe(HSTHMtTQLÆ

LBSPNJLJ©ZBOOBNBOBTUF¹WBQS²UJ¹VOJ¹¾IVSBN]]]]

L@J1ZEDXU@B

N­SLB...
TBN­EIJSO­NBWBJ°ZPTBVTBDBQ­SUIJWBTBUUBNBÁ]

J•3U@STS@$XV@-X@XXV@G’SDMRHUCLÆ

L®UW­UVUBVZBUI­OZ­ZB©ZBUI­SIB©UFOBTB©WJEBN]]]...
%FW².­I­UNZBNPage 10 of 150

¯N@XX-LDLMR2UHB^@X^S@HUM@
EVÁLI­ZBZBONFNBOBTBÁTWBDJUU­ZBUUBU­©WJO­]

LL3UFSQ@)X2XQ@)X@ØDUHNKDUHO

NBNBUWB©HBUBS­KZBTZBS­KZ­µHF¹WBLIJMF¹WBQJ]]]]

I@M...
K­OBUPQJZBUI­K¸BTZBLJNFUBONVOJTBUUBNB]

XBHMJ•SOT`$C@1Q$Ã13X$2SV@DH)'S

BZB©DBOJL®UBÁQVUSBJSE­SBJSCI®UZBJTUBUIPKKIJUBÁ]]]]...
TWBKBOFOBDBTBOUZBLUBTUF¹VI­SE²UBUI­QZBUJ]

ULDSV@GBb@U/X3X-S¯HNS@$

FWBNF¹BUBUI­IB©DBEW­WBQZBUZBOUBEVÁLIJUBV]]]]

}uC@DDHO...
E®¹¾BEP¹FQJWJ¹BZFNBNBUW­L®¹¾BN­OBTBV]

SH3JLDS-LG@Ã@FX-L@DG@D@HMM@DQHO

UBULJNFUBONBI­CI­HBZBONPIPK¸­OJOPSBQJ]]]]

LL@2XBÃ...
%FW².­I­UNZBNPage 11 of 150

;HkU@B

®¹JSVW­DB]]]]

@MLH2SRL2S2XI-S@DHU1XF@DBQD

K¸­OBNBTUJTBNBTUBTZBKBOUPSWJ¹BZBHPDBSF]]]...
WJ¹BZ­°DBNBI­CI­HBZ­OUJDBJWB©Q®UIBLQ®UIBL]

HCU@-W@e@H:MJDHB¸@`@U-W@2SV@OQD

EJW­OEI­ÁQS­´JOBÁLFDJES­US­WBOEI­TUBUI­QBSF]]...
LFDJEEJW­UBUI­S­USBVQS­´JOBTUVMZBE®¹¾BZBÁ]

@HMM@DLMTI@R3XHJSTSDMHGJDUKLÆ

K¸­OJOPNBOVK­ÁTBUZB©LJ©UVUFOBIJLFWBMBN]]]]

XS@...
ZBUPIJK¸­OJOBÁTBSWFQB°VQBL¹JN®H­EBZBÁ]

@MBS-LMTX@:@X^D@LFOH:@LÆ

K¸­OB©DBUBONBOV¹Z­´­©ZBUUF¹­©N®HBQBL¹J´­N]]]]

LMTX@:@BX...
NBOV¹Z­´­©DBZBUUF¹­©UVMZBNBOZBUUBUIPCIBZPÁ]

@MDHORHSO9X$S@MÆOSØ@°#@UB®TT

K¸­OFQJTBUJQB°ZBJU­OQBUBµH­¸DI­WBDB¸DV¹V]]]]
%FW².­I­UNZBNPage 12 of 150

J:L@D@}S@MÆL@DG@3O(EL@M@MHOTW@
LB´BNPL¹­E®U­ONPI­UQ²ºZBN­O­OBQJL¹VEI­]

L@MT@LMTI5X@ŽR@HÃK@@RTS@MÆeHS

N­OV¹­NBOVKBWZ­HISBT­CIJM­¹­ÁTVU­OQSBUJ]]]]

K@DÃ@...
MPCI­UQSBUZVQBL­S­ZBOBOWFU­OLJ©OBQB°ZBTJ]

SV@HOLLS@U^D1L@DGFSD1HMO@HSS@

UBUI­QJNBNBU­WBSUUFNPIBHBSUFOJQ­UJU­Á]]]]

LG@L@...
NBI­N­Z­QSBCI­WF´BTB©T­SBTUIJUJL­SJ´­]

Sº@`HU2LXJ@X@D1X@DFHM¸@IF3OSD

UBOO­USBWJTNBZBÁL­SZPZPHBOJES­KBHBUQBUFÁ]]]]

LG@L@...
CBM­E­L®¹ZBNPI­ZBNBI­N­Z­QSBZBDDIBUJ]

SX@HUR)XSDHUsIFCDS×Q@BQLÆ

UBZ­WJT®KZBUFWJ°WB©KBHBEFUBDDBS­DBSBN]]]]
%FW².­I­UNZBNPage 13 of 150

R$@eRº@UQC@M:@ÃUHSLTÄXD
TBJ¹­QSBTBOO­WBSBE­O®´­©CIBWBUJNVLUBZF]

R@HU
@OQL@LTÄDGD1STÃ4S@RM@SM(

T­WJEZ­QBSBN­NVLUFSIFUVCIÄU­TBO­UBO²]]]]

RR@QA-WG...
CSBW²UJLBUIBNVUQBOO­T­LBSN­TZ­°DBLJ©EWJKB]

X3eÃ@U@BR@CDU(X32UmO@X¯aU@

ZBUQSBCI­W­DBT­EFW²ZBUTWBSÄQ­ZBEVECIBW­]]]]

S3RU’...
%FW².­I­UNZBNPage 14 of 150

;HkU@B

®¹JSVW­DB]]]]

HM3X$UR@IF-L4HS12SX@RU1HLCSSLÆ

OJUZBJWBT­KBHBONÄSUJTUBZ­TBSWBNJEB©UBU...
UBUI­QJUBUTBNVUQBUUJSCBIVEI­°SÄZBU­©NBNB]

CDU@M@J@X1HRµV1L@HUÃ1UHSR@XC@

EFW­O­©L­SZBTJEEIZBSUIBN­WJSCIBWBUJT­ZBE­]]]]

3...
VUQBOOFUJUBE­MPLFT­OJUZ­QZBCIJEI²ZBUF]

X@DFHM¸@XC@HU:TI1F3XDJ@:1U(J•SD

ZPHBOJES­©ZBE­WJ¹´VSKBHBUZFL­S´BW²L®UF]]]]

@2S(X...
­TU²SZB°F¹BNBCIBKBULBMQ­OUFCIBHBW­OQSBCIVÁ]

SC@b@URTQ@$Ç@DQ@$HU.X@S@$LWTJ$PÃ@$

UBE­EW­WBTVSBVHIPSBVWJLIZ­UBVNBEIVLBJ¾BCI...
WJ¹´VLBS´BNBMPECIÄUBVIBOUV©CSBIN­´BNVEZBUBV]

RM@HÃJLKDHU:@DH2VS@Dg|@eI@OHS

TBO­CIJLBNBMFWJ¹´PÁTUIJUPCSBIN­QSBK­QBUJÁ]]]]
%FW².­I­UNZBNPage 15 of 150

}PU@S@URTQ@$B@D@$eRTÏBIM@C1MLÆ
E®¹¾W­U­WBTVSBVDPHSBVQSBTVQUB©DBKBO­SEBOBN]

STu@UX@DFHM¸@S@LDJ@zCXH2VS

UV¹¾­WBZPHBOJES­©U­NFL­HSBI®EBZBÁTUIJUBÁ]]]]

HU...
WJCPEIBO­SUI­ZBIBSFSIBSJOFUSBL®U­MBZ­N]

HUsDsQ(ŸIFµ@`(ŸH2VHSRG@QJ@HQ:(LÆ

WJ°WF°WBS²©KBHBEEI­US²©TUIJUJTB©I­SBL­SJ´²N]]]]...
TVEI­UWBNBL¹BSFOJUZFUSJEI­N­US­UNJL­TUIJU­]

W1L@`@H2VS@HM3X@X@MT×@X@1HUYDS

BSEIBN­US­TUIJU­OJUZ­Z­OVDD­SZ­WJ°F¹BUBÁ]]]]
%FW².­I­UNZBNPage 16 of 150

3ULDUR7X@R@HU`(3UCDHUIMM(OQ@
UWBNFWBTBOEIZ­T­WJUS²UWB©EFWJKBOBO²QBS­]

3UX$Sµ@X1SDHUs3UX$SSÆR)XSDIFSÆ

UWBZBJUBEEI­SZBUFWJ°WB©UWBZBJUBUT®KZBUFKBHBU]]]]...
UWBZBJUBUQ­MZBUFEFWJUWBNBUTZBOUFDBTBSWBE­]

HURu@$RHumO@3UH2VHSmO@BO@KMD

WJT®¹¾BVT®¹¾JSÄQ­UWB©TUIJUJSÄQ­DBQ­MBOF]]]]

SV@...
UBUI­TB©I®UJSÄQ­OUFKBHBUPTZBKBHBONBZF]

LG@HU
@LG@L@X@LG@LDW@LG@2LHS

NBI­WJEZ­NBI­N­Z­NBI­NFEI­NBI­TN®UJÁ]]]]

LG@L@DG@BÃ...
NBI­NPI­DBCIBWBU²NBI­EFW²NBIF°WBS²]

eJ•HS23UBRU12XFT:`XHUÃ@HUM(

QSBL®UJTUWB©DBTBSWBTZBHV´BUSBZBWJCI­WJO²]]]]

J@KQ@H`L1G...
L­MBS­USJSNBI­S­USJSNPIBS­USJ°DBE­SV´­]

3Ur(23UL(sQ(3U¥(23UATHµA@D1WK:@

UWB©°S²TUWBN²°WBS²UWB©IS²TUWB©CVEEIJSCPEIBMBL¹B´...
%FW².­I­UNZBNPage 17 of 150

KÙ@OTHu2SV@STHu23UY@H-S@H-SQDUB
MBKK­QV¹¾JTUBUI­UV¹¾JTUWB©°­OUJÁL¹­OUJSFWBDB]

NHEFM(Y4HKM(Ç@DQ@FHCM(BHÖ:(SV@

LIBºHJO²°ÄMJO²HIPS­HBEJO²DBLSJ´²UBUI­]]]]
...
°BµLIJO²D­QJO²C­´BCIV°V´º²QBSJHI­ZVEI­]

R@$,X@R@$,XSQ@YDR@$,XDX23UHSRT-CQ(

TBVNZ­TBVNZBUBS­°F¹BTBVNZFCIZBTUWBUJTVOEBS²]]...
QBS­QBS­´­©QBSBN­UWBNFWBQBSBNF°WBS²]

X×HJHB3*UHBb2STRCRb@HNK@H3LJD

ZBDDBLJ¸DJULWBDJEWBTUVTBEBTBEW­LIJM­UNJLF]]]]

S2XRU1...
UBTZBTBSWBTZBZ­°BLUJÁT­UWB©LJ©TUÄZBTFNBZ­]

XX@3UX@IFSÆwu@IF3O@3XH^X@DIFSÆ

ZBZ­UWBZ­KBHBUTSB¹¾­KBHBUQ­UZBUUJZPKBHBU]]]]

...
TPQJOJES­WB°B©O²UBÁLBTUW­©TUPUVNJIF°WBSBÁ]

HU:TYQ(QG:LGL(Y@MUB

WJ¹´VÁ°BS²SBHSBIB´BNBIBN²°­OBFWBDB]]]]
%FW².­I­UNZBNPage 18 of 150

J@HQS@2SDXS@DS23U@J2S@DSTYHÄL@MÆÃUDSÆ
L­SJU­TUFZBUPUBTUW­©LBÁTUPUV©°BLUJN­OCIBWFU]

R@3UHL3VeÃ@U$2U$kC@Q$CD1HUR2STS@

T­UWBNJUUIB©QSBCI­WBJÁTWBJSVE­SBJSEFWJTB©T...
NPIBZBJUBVEVS­EIBS¹­WBTVSBVNBEIVLBJ¾BCIBV]

eA@DWBIF32U@L(M(XS@LXTS@DKÇT

QSBCPEIB©DBKBHBUTW­N²O²ZBU­NBDZVUPMBHIV]]]]

A@D...
WJ¹´PÁQSBCPEIBO­SUI­ZBOJIBOUV©NBEIVLBJ¾BCIBV]

MD`@2XM@HRJ@A@¤zCXDX2SV@DQR

OFUS­TZBO­TJL­C­IVI®EBZFCIZBTUBUIPSBTBÁ]]]]
%FW².­I­UNZBNPage 19 of 150

HMF1,XCY1MDS2V@$g|:@D5XÄI-LM
OJSHBNZBEBS°BOFUBTUIBVCSBINB´PWZBLUBKBONBOBÁ]

^2V@$BIFº@V2SX@LTÄ@DIM@C1M

VUUBTUIBVDBKBHBOO­UIBTUBZ­NVLUPKBO­SEBOBÁ]]]]

...
FL­S´BWFIJ°BZBO­UUBUBÁTBEBE®°FDBUBV]

LWTJ$PÃ@$¯Q@3L@M@UHSU(X1OQ@ÖL@$

NBEIVLBJ¾BCIBVEVS­UN­O­WBUJW²SZBQBS­LSBNBV]]]]

Ö@D...
LSPEIBSBLUFL¹B´­WBUUV©CSBIN­´B©KBOJUPEZBNBV]

RLT3V@XSS2S@X@XTXTWDÃFU@MÆGHQ

TBNVUUI­ZBUBUBTU­CIZ­©ZVZVEIFCIBHBW­OIBSJÁ]]]...
QB¸DBWBS¹BTBIBTS­´JC­IVQSBIBSB´PWJCIVÁ]

S@U/XHSAK@D-L^@$LG@L@X@HUL@DHGS@$

U­WBQZBUJCBMPONBUUBVNBI­N­Z­WJNPIJUBV]]]]

ÄU-...
%FW².­I­UNZBNPage 20 of 150

r(ÃFU@MTU@B

°S²CIBHBW­OVW­DB]]]]

ÃUDS@L
LDSTu@$LLU7X@UTÃ@UHO

CIBWFU­NBEZBNFUV¹¾BVNBNBWBEIZ...
WJMPLZBU­CIZ­©HBEJUPCIBHBW­OLBNBMFL¹B´BÁ]

@U@IHGMX`@DU(1RHKKDMOHQ/KTS@

­W­©KBIJOBZBUSPSW²TBMJMFOBQBSJQMVU­]]]]
%FW².­I­UNZBNPage 21 of 150

;HkU@B

®¹JSVW­DB]]]]

SVD3XT…U@ÃFUS@YœBÖFC@ÃS@
UBUIFUZVLUW­CIBHBWBU­°BµLIBDBLSBHBE­CI®U­]

J•3U@BÖD:U$H#ºDIÇMDHYQR(SX@D

L®UW­DBLSF´BWBJDIJOOFKBHIBOF°JSBT²UBZPÁ]]]]

ULD...
FWBNF¹­TBNVUQBOO­CSBINB´­TB©TUVU­TWBZBN]

eÃ@UL2X@CD5X@2STÃ4XY:TUC@HLSD

QSBCI­WBNBTZ­EFWZ­TUVCIÄZBÁ°®´VWBE­NJUF]]]]
D?
]BJNPN]


2UH2Sr(L@J1ZEDXOTQ@:DR@UH:1JDL-U-SQD
]]TWBTUJ°S²N­SLB´ºFZBQVS­´FT­WBS´JLFNBOWBOUBSF

CDU(L@G@3,XDLWTJ$PÃUW@DM@L
...
%FW².­I­UNZBNPage 22 of 150

HbS(X@D7X@X
EWJU²ZPEIZ­ZBÁ

HUHMX@DF
WJOJZPHBÁ

2Xr(L7XLBHQ`2XHU:T;1H
BTZB°S²NBEIZBNBDBSJUSBTZBWJ¹´VS®¹JÁ]

r(LG@KyL(CD1US@
H:J#-C
Y@J,ÃQ(YHÄ
°S²NBI­MBL¹N²SEFWBU­]V¹´JLDIBOEBÁ]°­LBNCIBS²°BLUJÁ]

¯F@1A(ILÆ
U@XT2S_ULÆ
XITUD1C2UmOLÆ
EVSH­C²KBN]W­ZVTUBUUWBN]ZBKVSWFEBÁTWBSÄQBN]

r(LG@KyL(e(3XVD1L7XLBHQ`IODHUHMX@DF
°S²NBI­MBL¹N²QS²UZBSUIFNBEIZBNBDBSJUSBKBQFWJOJZPHBÁ]
7X@MLÆ
]EIZ­OBN]

w*OQY4FCDTJ—HKYO¹WMTJ—HZEJ@
BL¹BTSBLQBSB°ÄHBEF¹VLVMJ°B©QBENB©EIBOVÁLV´ºJL­©
%FW².­I­UNZBNPage 23 of 150

CZEYHÄLHRBBL1IKIÇZP@RTQ@Ã@IMLÆ
EB´ºB©°BLUJNBTJ©DBDBSNBKBMBKB©HIB´¾­©TVS­CI­KBOBN]

Y4KO@YRTCY1MDBCWS(ŸG2S$eU@KeÃ@
°ÄMB©Q­°BTVEBS°BOFDBEBEIBU²©IBTUBJÁQSBW...
EFW­TVSBNBCIÄEZVEEIB©QÄS´BNBCEB°BUB©QVS­]

LHGDRTQ@:@LHWODCDU@M@BOTQ-CQD

NBIJ¹FTVS­´­NBEIJQFEFW­O­©DBQVSBOEBSF]]]]

S`@RT...
UBUS­TVSBJSNBI­W²SZBJSEFWBTBJOZB©QBS­KJUBN]

HI3U@BRJK@MÆCDU@HM-¸@DÃ4-LHG@RTQ

KJUW­DBTBLBM­OEFW­OJOESPCIÄONBIJ¹­TVSBÁ]]]]...
UBUBÁQBS­KJU­EFW­ÁQBENBZPOJ©QSBK­QBUJN]

OTQ2J•3XFS@2S`X`DYFkE7UI@$

QVSBTL®UZBHBU­TUBUSBZBUSF°BHBSVºBEIWBKBV]]]]
%FW².­I­UNZBNPage 24 of 150

XV@U^SX@D2Sb-LHG@RTQBDHuSLÆ
ZBUI­W®UUB©UBZPTUBEWBONBIJ¹­TVSBDF¹¾JUBN]

H`CY@JVX@L@RTCD1U@HÃÃUHU2SQLÆ

USJEB°­ÁLBUIBZ­N­TVSEFW­CIJCIBWBWJTUBSBN]]]]

R4...
TÄSZFOES­HOZBOJMFOEÄO­©ZBNBTZBWBSV´BTZBDB]

-XD@B@HWJ@Q@-R2UXLDU@HWHStHS

BOZF¹­©D­EIJL­S­OTBTWBZBNFW­EIJUJ¹¾IBUJ]]]]

2UF...
TWBSH­OOJS­L®U­ÁTBSWFUFOBEFWBHB´­CIVWJ]

HUBQH-SXV@L3X@1LHGD:¯Q@3LM@

WJDBSBOUJZBUI­NBSUZ­NBIJ¹F´BEVS­UNBO­]]]]

SbJHVSRU1...
FUBEWBÁLBUIJUB©TBSWBNBNBS­SJWJDF¹¾JUBN]

YQ:UeOº@2L@DUW2S2XHUHB-3XS@LÆ

°BSB´B©WBÁQSBQBOO­ÁTNPWBEIBTUBTZBWJDJOUZBU­N]]]]

...
JUUIB©OJ°BNZBEFW­O­©WBD­©TJNBEIVTÄEBOBÁ]

BJ@QJ@DOY,ÃToTJ—P(J—HPK@MM@$

DBL­SBLPQB©°BNCIV°DBCISVLV¾²LV¾JM­OBOBV]]]]
%FW².­I­UNZBNPage 25 of 150

SS@DHSJ@DOO4:12XBHÖ:@DUCM@^S
UBUPUJLPQBQÄS´BTZBDBLSJ´PWBEBO­UUBUBÁ]

HMoÖ@LLG^DI@Dg|:Y–Q2XB

OJ°DBLS­NBNBIBUUFKPCSBINB´BÁ°BµLBSBTZBDB]]]]

-XD@B$UCDU@M...
BOZF¹­©DBJWBEFW­O­©°BLS­E²O­©°BS²SBUBÁ]

HMF1SRTLG^DI2S×$*XRLF#S

OJSHBUB©TVNBIBUUFKBTUBDDBJLZB©TBNBHBDDIBUB]]]]

S(USDIRJ...
BU²WBUFKBTBÁLľB©KWBMBOUBNJWBQBSWBUBN]

C}YT2SDRTQ@2S`)U@K@5X@ÏHCF-SQLÆ

EBE®°VTUFTVS­TUBUSBKW­M­WZ­QUBEJHBOUBSBN]]]]

STK...
BUVMB©UBUSBUBUUFKBÁTBSWBEFWB°BS²SBKBN]

J2VSCÃ4º@Q(5X@ÏK@DJ`XH3U@

FLBTUIB©UBEBCIÄOO­S²WZ­QUBMPLBUSBZB©UWJ¹­]]]]

XCÃ4#@,Ã...
ZBEBCIÄDDI­NCIBWB©UFKBTUFO­K­ZBUBUBONVLIBN]

X@,XDMB@ÃUMÆJDY@A@GU@DHU:TSDIR@

Z­NZFOBD­CIBWBOLF°­C­IBWPWJ¹´VUFKBT­]]]]
%FW².­I­UNZBNPage 26 of 150

R@$,XDM2SMX@DXT1LL7XB$-¸D:B@ÃUSÆ
TBVNZFOBTUBOBZPSZVHNB©NBEIZB©DBJOESF´BD­CIBWBU]

U@k:DMBIÇ@DmHMS,A2SDIR@ÃTU

W­SV´FOBDBKBµHIPSÄOJUBNCBTUFKBT­CIVWBÁ]]]]

...
CSBINB´BTUFKBT­Q­EBVUBEBµHVMZPSLBUFKBT­]

UR4M@BJQ@Ø«+XJ@$ADQD:BM@HRJ@

WBTÄO­©DBLBS­µHVMZBÁLBVCFSF´BDBO­TJL­]]]]

S2X@2ST...
UBTZ­TUVEBOU­ÁTBNCIÄU­ÁQS­K­QBUZFOBUFKBT­]

MXMH`SXIDSV@O@UJSDIR@

OBZBOBUSJUBZB©KBK¸FUBUI­Q­WBLBUFKBT­]]]]

TU@$BR7XX@D2...
CISVWBVDBTBOEIZBZPTUFKBÁ°SBWB´­WBOJMBTZBDB]

-XD@B$UCDU@M@R,ÃU2SDIR@HYU@

BOZF¹­©DBJWBEFW­O­©TBNCIBWBTUFKBT­©°JW­]]]]

SSR...
UBUBÁTBNBTUBEFW­O­©UFKPS­°JTBNVECIBW­N]

S@HUK@D*XLTCe@OTQLQ@LHG@HC1S@
U­©WJMPLZBNVEB©QS­QVSBNBS­NBIJ¹­SEJU­Á]
%FW².­I­UNZBNPage 27 of 150

SS@DCDU@C¯2S2X$2U@HM2U@-X@XTW@HMB

UBUPEFW­EBEVTUBTZBJTW­OJTW­OZ­ZVEI­OJDB]]]]

Y4KY4K@HbHMJ•...
°ÄMB©°ÄM­EWJOJ¹L®¹ZBEBEBVUBTZBJQJO­LBEI®L]

BÖBC^U@MÆJ•:RLT3O@P2UBÖS

DBLSB©DBEBUUBW­OL®¹´BÁTBNVUQ­¾ZBTWBDBLSBUBÁ]]]]

YœB...
°BµLIB©DBWBSV´BÁ°BLUJ©EBEBVUBTZBJIVU­°BOBÁ]

L@kS@DC^U@o@OA@:O4:D1SVDTW(

N­SVUPEBUUBW­©°D­QB©C­´BQÄS´FUBUIF¹VEI²]]]]

U‘H...
WBKSBNJOESBÁTBNVUQ­¾ZBLVMJ°­EBNBS­EIJQBÁ]

CC@$S2X$RGw@@DÇZP@L$Q@US@¶I@SÆ

EBEBVUBTZBJTBIBTS­L¹PHIB´¾­NBJS­WBU­EHBK­U]]]]
...
L­MBEB´º­EZBNPEB´ºB©Q­°B©D­NCVQBUJSEBEBV]

eI@OHSo@L@K@CC@$g|@JLZEKTLÆ

QSBK­QBUJ°D­L¹BN­M­©EBEBVCSBIN­LBNB´ºBMVN]]]]
%FW².­I­UNZBNPage 28 of 150

RL2SQ@DLJODTHMIQ9L(MÆHCU@JQ
TBNBTUBSPNBLÄQF¹VOJKBSB°N²OEJW­LBSBÁ]

J@KoC^U@MÆNEFS2X$BL1BHML1KLÆ

L­MB°DBEBUUBW­OLIBºHB©UBTZBJDBSNBDBOJSNBMBN]]]]

(Q@...
L¹²SPEB°D­NBMB©I­SBNBKBSFDBUBUI­NCBSF]

B4E@LH:SV@HC5XJ—ZEKDJPJ@HMB

Dĺ­NB´J©UBUI­EJWZB©LV´ºBMFLB¾BL­OJDB]]]]

W1B-¸SV@YT...
BSEIBDBOESB©UBUI­°VCISB©LFZÄS­OTBSWBC­IV¹V]

M4OTQ@$HULK@$SbC$UDXJLMT^LLÆ

OÄQVSBVWJNBMBVUBEWBEHSBJWFZBLBNBOVUUBNBN]]]]
...
BµHVM²ZBLBSBUO­OJTBNBTU­TWBµHVM²¹VDB]

HUsJL@1CC@$S2X$OQYTB@HSHML1KLÆ

WJ°WBLBSN­EBEBVUBTZBJQBSB°V©D­UJOJSNBMBN]]]]

v@ZXM...
BTUS­´ZBOFLBSÄQ­´JUBUI­CIFEZB©DBEB©°BOBN]

,K@MO–I@L@K@HYQ2XTQHRB@OQ@LÆ

BNM­OBQBµLBK­©N­M­©°JSBTZVSBTJD­QBS­N]]]]
%FW².­I­UNZBNPage 29 of 150

CCÙKHW2S2X$O–IB@HSY@DÃMLÆ
BEBEBKKBMBEIJTUBTZBJQBµLBKB©D­UJ°PCIBOBN]

HGLU@MÆU@GMHRGQ‰@HMHUHUW@HMB

IJNBW­OW­IBOB©TJ©IB©SBUO­OJWJWJEI­OJDB]]]]

CC@UY...
EBE­WB°ÄOZB©TVSBZ­Q­OBQ­USB©EIBO­EIJQBÁ]

YDoRU1M@FDY@DLG@LH:HUÃ4HSLÆ

°F¹B°DBTBSWBO­HF°PNBI­NB´JWJCIĹJUBN]]]]

M@FG@QCC@...
O­HBI­SB©EBEBVUBTZBJEIBUUFZBÁQ®UIJW²NJN­N]

-X$QHORTQ$CD1U(Ã4:$Q@XTW$2SV@

BOZBJSBQJTVSBJSEFW²CIĹB´BJS­ZVEIBJTUBUI­]]]]

...
Nächste SlideShare
Wird geladen in …5
×

Durga700 trans

384 Aufrufe

Veröffentlicht am

0 Kommentare
0 Gefällt mir
Statistik
Notizen
  • Als Erste(r) kommentieren

  • Gehören Sie zu den Ersten, denen das gefällt!

Keine Downloads
Aufrufe
Aufrufe insgesamt
384
Auf SlideShare
0
Aus Einbettungen
0
Anzahl an Einbettungen
37
Aktionen
Geteilt
0
Downloads
4
Kommentare
0
Gefällt mir
0
Einbettungen 0
Keine Einbettungen

Keine Notizen für die Folie

Durga700 trans

  1. 1. CDU(L@G@3,XLÆ %FW².­I­UNZBN r(¯F@1X$ML ]]°S²EVSH­ZBJOBNBÁ]] Vr(¯F@1RÏYS( ]]BUIB°S²EVSH­TBQUB°BU²]] eVL@D7X@X QSBUIBNPEIZ­ZBÁ HUHMX@DF WJOJZPHBÁ 2Xr(eVLBHQ`2X
  2. 2. g|@;H
  3. 3. LG@J@K( BTZB°S²QSBUIBNBDBSJUSBTZB]CSBIN­®¹JÁ]NBI­L­M²
  4. 4. %FW².­I­UNZBNPage 2 of 150 CDUS@
  5. 5. F@X`(#-C
  6. 6. M-C@YHÄ
  7. 7. QÄCH-SJ@ EFWBU­]H­ZBUS²DIBOEBÁ]OBOE­°BLUJÁ]SBLUBEBOUJL­ A(ILÆ
  8. 8. Hƒ2S_ULÆ
  9. 9. ;UDC2UmOLÆ
  10. 10. C²KBN]BHOJTUBUUWBN]®HWFEBÁTWBSÄQBN] r(LG@J@K(e(3XVD1eVLBHQ`IODHUHMX@DF
  11. 11. °S²NBI­L­M²QS²UZBSUIFQSBUIBNBDBSJUSBKBQFWJOJZPHBÁ]
  12. 12. 7X@MLÆ
  13. 13. ]EIZ­OBN] ?NEFBÖFCDTB@OOHQÇ@°#4KÃTYTZE(ŸHYQ PNLIBºHB©DBLSBHBEF¹VD­QBQBSJHI­¸DIÄMB©CIV°V´º²©°JSBÁ YœR-CWS(ŸJQ$HvMXM@RU@1ØÃ4@US@LÆ
  14. 14. °BµLIB©TBOEBEIBU²©LBSBJTUSJOBZBO­©TBSW­µHBCIĹ­W®U­N] M(K@9L THSL@2XO@CCYJ@RDUDLG@J@HKJ@ O²M­°NBEZVUJN­TZBQ­EBEB°BL­©TFWFNBI­L­MJL­© X@L2S@$32UHOSDGQ@$JLKI@DG-STLWTJ@$PÃLÆ Z­NBTUBVUTWBQJUFIBSBVLBNBMBKPIBOUV©NBEIV©LBV¾BCIBN]] ?MLoHZEJ@X$ PNOBNB°DB´ºJL­ZBJ]]
  15. 15. %FW².­I­UNZBNPage 3 of 150 ?DL@J1ZEDXU@B PNBJ©N­SLB´ºFZBVW­DB]]]] R@UH:1R4X1SMX@DX@DLMTJ6XSDuL
  16. 16. T­WBS´JÁTÄSZBUBOBZPZPNBOVÁLBUIZBUF¹¾BNBÁ] HMY@LXS¯3OH^HU2SQ@¶CS@DLL OJ°­NBZBUBEVUQBUUJ©WJTUBS­EHBEBUPNBNB]]]] LG@L@X@MTÃ@UDMXV@L-U-SQ@HWO
  17. 17. NBI­N­Z­OVCI­WFOBZBUI­NBOWBOUBS­EIJQBÁ] RAÃ4ULG@Ã@FR@UH:12SMX@DQUD TBCBCIÄWBNBI­CI­HBÁT­WBS´JTUBOBZPSBWFÁ]]]] 2U@Q@DHBD-SQDO4U’B$`UYRLTaU
  18. 18. TW­SPDJ¹FOUBSFQÄSWB©DBJUSBWB©°BTBNVECIBWBÁ] RTQV@DM@LQ@I@Ã43RL2SDHHSLZEKD TVSBUIPO­NBS­K­CIÄUTBNBTUFL¹JUJNB´ºBMF]]]] S2XO@KXSR,XJeI@OT`@HMU@$QR@MÆ
  19. 19. UBTZBQ­MBZBUBÁTBNZBLQSBK­ÁQVUS­OJWBVSBT­O] AÃ4UTY`U@DÃ4O@J@DK@HU7UHRM2SC@ CBCIÄWVÁ°BUSBWPCIÄQ­ÁLPM­WJEIWB©TJOBTUBE­]]]]
  20. 20. %FW².­I­UNZBNPage 4 of 150 S2XS$QÃUCXTµLHSeAKCHZEM
  21. 21. UBTZBUBJSBCIBWBEZVEEIBNBUJQSBCBMBEB´ºJOBÁ] -X4M$QHORS$XT1µDJ@DK@HU7UHRHÃHI1S OZÄOBJSBQJTBUBJSZVEEIFLPM­WJEIWB©TJCIJSKJUBÁ]]]] SS2UOTQL@X@S@DHMICDY@HWO@DÃUSÆ
  22. 22. UBUBÁTWBQVSBN­Z­UPOJKBEF°­EIJQPCIBWBU] @Ö@-SRLG@Ã@F2S$2SC@eAK@HQHà ­LS­OUBÁTBNBI­CI­HBTUBJTUBE­QSBCBM­SJCIJÁ]]]] L@3X$A1HKHï1u$¯1A1K2X¯Q@3LHÃ
  23. 23. BN­UZBJSCBMJCIJSEV¹¾BJSEVSCBMBTZBEVS­UNBCIJÁ] J@DY@DAKB@OzSS`@HO2UOTQDSS LP°PCBMB©D­QBI®UB©UBUS­QJTWBQVSFUBUBÁ]]]] SS@DLFX@5X@IDMzS2U@,XRÃ4OHS
  24. 24. UBUPN®HBZ­WZ­KFOBI®UBTW­NZBÁTBCIÄQBUJÁ] J@J(GXL@kÐIF@LFGMUMLÆ FL­L²IBZBN­SVIZBKBH­NBHBIBOB©WBOBN]]]] RS`@rLL¸@(HCbIUX12XLDWR
  25. 25. TBUBUS­°SBNBNBES­L¹²EEWJKBWBSZBTZBNFEIBTBÁ] eY@-Ss@OC@J(:’LTHMHYX@DOY@DHÃSLÆ QSB°­OUB°W­QBE­L²S´B©NVOJ°J¹ZPQB°PCIJUBN]]]]
  26. 26. %FW².­I­UNZBNPage 5 of 150 S2V@$JH®3RJ@KBLTHMM@SDMR3J•S
  27. 27. UBTUIBVLB¸DJUTBL­MB©DBNVOJO­UFOBTBUL®UBÁ] ÅSoDSoHUBQ2SH2LMÆLTHMUQ@rLD JUB°DFUB°DBWJDBSB©TUBTNJONVOJWBS­°SBNF]]]] R@DHB-SX^C@S`LL3U@J•uL@MR
  28. 28. TPDJOUBZBUUBE­UBUSBNBNBUW­L®¹¾BN­OBTBÁ] L3O4U$1O@HKSO4U’LX@G(MOTQHGSSÆ NBUQÄSWBJÁQ­MJUB©QÄSWB©NBZ­I²OB©QVSB©IJUBU]]]] La¿3X$2S$QRb¿^$W1L1SO@+XSDMU@
  29. 29. NBECI®UZBJTUBJSBTBEW®UUBJSEIBSNBUBÁQ­MZBUFOBW­] MI@MDReW@M@DLDY4Q@DG2S(RC@LC OBK­OFTBQSBEI­OPNF°ÄSPIBTU²TBE­NBEBÁ]]]] LLU$HQUYX@SJ@MÆÃ@DF@MTOK/2XSD
  30. 30. NBNBWBJSJWB°B©Z­UBÁL­OCIPH­OVQBMBQTZBUF] XDLL@MTFS@HM3XeR@CWMÃ@DIM$ ZFNBN­OVHBU­OJUZB©QSBT­EBEIBOBCIPKBOBJÁ]]]] MTUH^ŠTUSD J—U1-3X-XLG(ÃS@LÆ
  31. 31. BOVW®UUJ©EISVWB©UFEZBLVSWBOUZBOZBNBI²CI®U­N] R,X5XXY(K$2S$J—U1HaRSS5XXLÆ BTBNZBHWZBZB°²MBJTUBJÁLVSWBECIJÁTBUBUB©WZBZBN]]]]
  32. 32. %FW².­I­UNZBNPage 6 of 150 RHBSR@DHS¯NDMXJ@DY@DFHLXHS
  33. 33. TB¸DJUBÁTPUJEVÁLIFOBL¹BZB©LP°PHBNJ¹ZBUJ] S×@-X×RSSHB-SX@L@RO@HV1U FUBDD­OZBDDBTBUBUB©DJOUBZ­N­TBQ­SUIJWBÁ]]]] S`HUe@rL@X@YDU$9XLDJCCY1R
  34. 34. UBUSBWJQS­°SBN­CIZ­°FWBJ°ZBNFLB©EBEBS°BTBÁ] ROu2SDMJ23UÃ@DGDSTo@FLMD`J TBQ®¹¾BTUFOBLBTUWB©CIPIFUV°D­HBNBOFUSBLBÁ]]]] RY@DJÅUJ2L@_U¯L1M@ÅUKyXRD
  35. 35. TB°PLBJWBLBTN­UUWB©EVSNBO­JWBMBL¹ZBTF] Å3X@JZX1UB2S2XÃ4OSDe:X@DHCSLÆ JUZ­LBS´ZBWBDBTUBTZBCIÄQBUFÁQSB´BZPEJUBN]]]] e3XTU@BRSU$9XerX@UMS@DMOLÆ QSBUZVW­DBTBUB©WBJ°ZBÁQSB°SBZ­WBOBUPO®QBN]]]] U$9XU@B WBJ°ZBVW­DB]]]] RL@HWM@1LU$9X@DGLT3Oº@DWHMM@J—KD TBN­EIJSO­NBWBJ°ZPIBNVUQBOOPEIBOJO­©LVMF]]]]
  36. 36. %FW².­I­UNZBNPage 7 of 150 OT`C@Q$HM1Q2SoWMK@DÃ@CR@WTHÃ
  37. 37. QVUSBE­SBJSOJSBTUB°DBEIBOBMPCI­EBT­EIVCIJÁ] HUG(MoWM$C@1Q$OT`$Q@C@XLDWMLÆ WJI²OB°DBEIBOBJSE­SBJÁQVUSBJS­E­ZBNFEIBOBN]]]] UMLX@FS@D¯N(HMQ2So@ÏA-WTHÃ
  38. 38. WBOBNBCIZ­HBUPEVÁLI²OJSBTUB°D­QUBCBOEIVCIJÁ] R@DGMUDH¹OT`@:@J—YK@J—YK@H3LJ@LÆ TPIB©OBWFENJQVUS­´­©LV°BM­LV°BM­UNJL­N]]]] eUH^2UIM@M@BC@Q@:@B@`RH2VS
  39. 39. QSBW®UUJ©TWBKBO­O­©DBE­S­´­©D­USBTB©TUIJUBÁ] HJMTSD@FGDDLLDLHJMTR@,eSLÆ LJ©OVUF¹­©H®IFL¹FNBNBL¹FNB©LJ©OVT­NQSBUBN]]]] JVSDHJMTRb¿^@¯U1^@HJMTLDRTS@ LBUIB©UFLJ©OVTBEW®UU­EVSW®UU­ÁLJ©OVNFTVU­Á]]]] Q@I@DU@B S­KPW­DB]]]] X$HM1Q2S@DÃU@]¢T!W$OT`C@Q@HCHÃW1M$ ZBJSOJSBTUPCIBW­ÖMMVCEIBJÁQVUSBE­S­EJCIJSEIBOBJÁ]]]]
  40. 40. %FW².­I­UNZBNPage 8 of 150 SDTHJÃUSxDGLMTAÓ@HSL@MRLÆ UF¹VLJ©CIBWBUBÁTOFIBNBOVCBEIO­UJN­OBTBN]]]] U$9XU@B WBJ°ZBVW­DB]]]] ULDS V@e@GÃU@M2L¶SUB FWBNFUBEZBUI­QS­IBCIBW­OBTNBEHBUB©WBDBÁ]]]] HJJQ@DHLMAÓ@HSLLHMtTQS@LM
  41. 41. LJ©LBSPNJOBCBEIO­UJNBNBOJ¹¾IVSBU­©NBOBÁ] X$R3X)XHOSxDGWMKT!W$HM1Q@J•S ZBJÁTBOUZBKZBQJU®TOFIB©EIBOBMVCEIBJSOJS­L®UBÁ]]]] OHS2UIMG@C’BG@HC1SDUDULDLM
  42. 42. QBUJTWBKBOBI­SEB©DBI­SEJUF¹WFWBNFNBOBÁ] HJLDSº@HÃI@M@HLI@MºHOLG@LSD LJNFUBOO­CIJK­O­NJK­OBOOBQJNBI­NBUF]]]] X3eDLeU:HB^HUFT:DUHOA-WTT
  43. 43. ZBUQSFNBQSBWB´B©DJUUB©WJHV´F¹WBQJCBOEIV¹V] SD@J•SDLDHMs@R@DC@$L1M2XBI@XSD UF¹­©L®UFNFOJÁ°W­TPEBVSNBOBTZB©DBK­ZBUF]]]]
  44. 44. %FW².­I­UNZBNPage 9 of 150 JQ@DHLHJXºLM2SDUe(HSTHMtTQLÆ LBSPNJLJ©ZBOOBNBOBTUF¹WBQS²UJ¹VOJ¹¾IVSBN]]]] L@J1ZEDXU@B N­SLB´ºFZBVW­DB]]]] SS2S@$RHGS@$HUeSLTHMRLTOH2VS@$ UBUBTUBVTBIJUBVWJQSBUB©NVOJ©TBNVQBTUIJUBV]]]] RL@HWM@1LU$9X@DR@$RBO@HV1UR^L
  45. 45. TBN­EIJSO­NBWBJ°ZPTBVTBDBQ­SUIJWBTBUUBNBÁ] J•3U@STS@$XV@-X@XXV@G’SDMRHUCLÆ L®UW­UVUBVZBUI­OZ­ZB©ZBUI­SIB©UFOBTB©WJEBN]]]] OHUu@$JV@J@Ho×ÖSTU$19XO@HV1U@$ VQBWJ¹¾BVLBUI­ÁL­°DJDDBLSBUVSWBJ°ZBQ­SUIJWBV]]]] Q@I@DU@B S­KPW­DB]]]] ÃFU23U@LGeuTHL#@,XDJUC2USSÆ CIBHBWB©TUW­NBIB©QSB¹¾VNJDDI­NZFLB©WBEBTWBUBU]]]]
  46. 46. %FW².­I­UNZBNPage 10 of 150 ¯N@XX-LDLMR2UHB^@X^S@HUM@
  47. 47. EVÁLI­ZBZBONFNBOBTBÁTWBDJUU­ZBUUBU­©WJO­] LL3UFSQ@)X2XQ@)X@ØDUHNKDUHO NBNBUWB©HBUBS­KZBTZBS­KZ­µHF¹WBLIJMF¹WBQJ]]]] I@MS@DHOXV@2XHJLDS-LTHMR^L
  48. 48. K­OBUPQJZBUI­K¸BTZBLJNFUBONVOJTBUUBNB] XBHMJ•SOT`$C@1Q$Ã13X$2SV@DH)'S BZB©DBOJL®UBÁQVUSBJSE­SBJSCI®UZBJTUBUIPKKIJUBÁ]]]] 2UIMDMBR3XÄ2SDTG@C(1SV@/XHS
  49. 49. TWBKBOFOBDBTBOUZBLUBTUF¹VI­SE²UBUI­QZBUJ] ULDSV@GBb@U/X3X-S¯HNS@$ FWBNF¹BUBUI­IB©DBEW­WBQZBUZBOUBEVÁLIJUBV]]]] }uC@DDHOHUXDLL3U@J•uL@MR@$
  50. 50. E®¹¾BEP¹FQJWJ¹BZFNBNBUW­L®¹¾BN­OBTBV] SH3JLDS-LG@Ã@FX-L@DG@D@HMM@DQHO UBULJNFUBONBI­CI­HBZBONPIPK¸­OJOPSBQJ]]]] LL@2XBÃU3XD@HUUDJ@-W2XL4%S@ NBN­TZBDBCIBWBUZF¹­WJWFL­OEIBTZBNĺIBU­]]]]
  51. 51. %FW².­I­UNZBNPage 11 of 150 ;HkU@B ®¹JSVW­DB]]]] @MLH2SRL2S2XI-S@DHU1XF@DBQD K¸­OBNBTUJTBNBTUBTZBKBOUPSWJ¹BZBHPDBSF]]]] HUX@oLG@Ã@FX@H-SB$UOV*OVJ
  52. 52. WJ¹BZ­°DBNBI­CI­HBZ­OUJDBJWB©Q®UIBLQ®UIBL] HCU@-W@e@H:MJDHB¸@`@U-W@2SV@OQD EJW­OEI­ÁQS­´JOBÁLFDJES­US­WBOEI­TUBUI­QBSF]]]] JDHBH´U@SV@Q@`@$e@H:M2ST+X}uX
  53. 53. LFDJEEJW­UBUI­S­USBVQS­´JOBTUVMZBE®¹¾BZBÁ] @HMM@DLMTI@R3XHJSTSDMHGJDUKLÆ K¸­OJOPNBOVK­ÁTBUZB©LJ©UVUFOBIJLFWBMBN]]]] XS@DHG@HMMRUD1OYTOHLF@CX
  54. 54. ZBUPIJK¸­OJOBÁTBSWFQB°VQBL¹JN®H­EBZBÁ] @MBS-LMTX@:@X^D@LFOH:@LÆ K¸­OB©DBUBONBOV¹Z­´­©ZBUUF¹­©N®HBQBL¹J´­N]]]] LMTX@:@BX^D@ST+XL-X^V@DÃX@D
  55. 55. NBOV¹Z­´­©DBZBUUF¹­©UVMZBNBOZBUUBUIPCIBZPÁ] @MDHORHSO9X$S@MÆOSØ@°#@UB®TT K¸­OFQJTBUJQB°ZBJU­OQBUBµH­¸DI­WBDB¸DV¹V]]]]
  56. 56. %FW².­I­UNZBNPage 12 of 150 J:L@D@}S@MÆL@DG@3O(EL@M@MHOTW@
  57. 57. LB´BNPL¹­E®U­ONPI­UQ²ºZBN­O­OBQJL¹VEI­] L@MT@LMTI5X@ŽR@HÃK@@RTS@MÆeHS N­OV¹­NBOVKBWZ­HISBT­CIJM­¹­ÁTVU­OQSBUJ]]]] K@DÃ@SÆe3XTOJ@Q@XM-UDS@MÆHJMO9XHR
  58. 58. MPCI­UQSBUZVQBL­S­ZBOBOWFU­OLJ©OBQB°ZBTJ] SV@HOLLS@U^D1L@DGFSD1HMO@HSS@ UBUI­QJNBNBU­WBSUUFNPIBHBSUFOJQ­UJU­Á]]]] LG@L@X@eÃ@UD:RR@QH2VHSJ@HQ:@
  59. 59. NBI­N­Z­QSBCI­WF´BTB©T­SBTUIJUJL­SJ´­] Sº@`HU2LXJ@X@D1X@DFHM¸@IF3OSD UBOO­USBWJTNBZBÁL­SZPZPHBOJES­KBHBUQBUFÁ]]]] LG@L@X@GQDo$@SX@R,L@DÐSDIFSÆ NBI­N­Z­IBSF°DBJ¹­UBZ­TBNNPIZBUFKBHBU @HMM@LHOBDS@HRCDU(ÃFUS(HGR@ K¸­OJO­NBQJDFU­©TJEFW²CIBHBWBU²IJT­]]]] AK@C@J•XL@DG@XLG@L@X@eX#HS
  60. 60. CBM­E­L®¹ZBNPI­ZBNBI­N­Z­QSBZBDDIBUJ] SX@HUR)XSDHUsIFCDS×Q@BQLÆ UBZ­WJT®KZBUFWJ°WB©KBHBEFUBDDBS­DBSBN]]]]
  61. 61. %FW².­I­UNZBNPage 13 of 150 R$@eRº@UQC@M:@ÃUHSLTÄXD
  62. 62. TBJ¹­QSBTBOO­WBSBE­O®´­©CIBWBUJNVLUBZF] R@HU @OQL@LTÄDGD1STÃ4S@RM@SM( T­WJEZ­QBSBN­NVLUFSIFUVCIÄU­TBO­UBO²]]]] RR@QA-WGDSToR$URUD1sQDsQ( TB©T­SBCBOEIBIFUV°DBTBJWBTBSWF°WBSF°WBS²]]]] Q@I@DU@B S­KPW­DB]]]] ÃFUMÆJ@HGR@CDU(LG@L@XDHSX@ÃU@MÆ CIBHBWBOL­IJT­EFW²NBI­N­ZFUJZ­©CIBW­O]]]] gU(HSJVLT3Oº@R@JL@12X@oHJHbI
  63. 63. CSBW²UJLBUIBNVUQBOO­T­LBSN­TZ­°DBLJ©EWJKB] X3eÃ@U@BR@CDU(X32UmO@X¯aU@ ZBUQSBCI­W­DBT­EFW²ZBUTWBSÄQ­ZBEVECIBW­]]]] S3RU’r@DSTHL#@HL3U^@Dg|HUC@UQ UBUTBSWB©°SPUVNJDDI­NJUWBUUPCSBINBWJE­©WBSB]]]]
  64. 64. %FW².­I­UNZBNPage 14 of 150 ;HkU@B ®¹JSVW­DB]]]] HM3X$UR@IF-L4HS12SX@RU1HLCSSLÆ OJUZBJWBT­KBHBONÄSUJTUBZ­TBSWBNJEB©UBUBN]]]] SV@HOS3RLT3OH^A1¤W@r4XS@LL
  65. 65. UBUI­QJUBUTBNVUQBUUJSCBIVEI­°SÄZBU­©NBNB] CDU@M@J@X1HRµV1L@HUÃ1UHSR@XC@ EFW­O­©L­SZBTJEEIZBSUIBN­WJSCIBWBUJT­ZBE­]]]] 3OºDHSSC@K@DJDR@HM3X@/XHÃW(XSD
  66. 66. VUQBOOFUJUBE­MPLFT­OJUZ­QZBCIJEI²ZBUF] X@DFHM¸@XC@HU:TI1F3XDJ@:1U(J•SD ZPHBOJES­©ZBE­WJ¹´VSKBHBUZFL­S´BW²L®UF]]]] @2S(X1YDLÃISÆJ+O@-SDÃFU@MÆeÃT
  67. 67. ­TU²SZB°F¹BNBCIBKBULBMQ­OUFCIBHBW­OQSBCIVÁ] SC@b@URTQ@$Ç@DQ@$HU.X@S@$LWTJ$PÃ@$ UBE­EW­WBTVSBVHIPSBVWJLIZ­UBVNBEIVLBJ¾BCIBV]]]] HU:TJ:1LK@Da”S@$G-STg|@:LT S@$
  68. 68. WJ¹´VLBS´BNBMPECIÄUBVIBOUV©CSBIN­´BNVEZBUBV] RM@HÃJLKDHU:@DH2VS@Dg|@eI@OHS TBO­CIJLBNBMFWJ¹´PÁTUIJUPCSBIN­QSBK­QBUJÁ]]]]
  69. 69. %FW².­I­UNZBNPage 15 of 150 }PU@S@URTQ@$B@D@$eRTÏBIM@C1MLÆ
  70. 70. E®¹¾W­U­WBTVSBVDPHSBVQSBTVQUB©DBKBO­SEBOBN] STu@UX@DFHM¸@S@LDJ@zCXH2VS UV¹¾­WBZPHBOJES­©U­NFL­HSBI®EBZBÁTUIJUBÁ]]]] HUA@DWM@V@1XGQDG1HQMD`J•S@KX@LÆ
  71. 71. WJCPEIBO­SUI­ZBIBSFSIBSJOFUSBL®U­MBZ­N] HUsDsQ(ŸIFµ@`(ŸH2VHSRG@QJ@HQ:(LÆ WJ°WF°WBS²©KBHBEEI­US²©TUIJUJTB©I­SBL­SJ´²N]]]] HM¸@ÃFUS(ŸHU:@DQSTK@SDIReÃT OJES­©CIBHBWBU²©WJ¹´PSBUVM­©UFKBTBÁQSBCIVÁ]]]] g|@DU@B CSBINPW­DB]]]] 3U2U@G@3U2UW@3UHGUPJ@Q2UQ@H3LJ@ UWB©TW­I­UWB©TWBEI­UWB©IJWB¹B¾L­SBÁTWBS­UNJL­]]]] RTW@3ULQDHM3XDH`W@L@`@H3LJ@H2VS@
  72. 72. TVEI­UWBNBL¹BSFOJUZFUSJEI­N­US­UNJL­TUIJU­] W1L@`@H2VS@HM3X@X@MT×@X@1HUYDS BSEIBN­US­TUIJU­OJUZ­Z­OVDD­SZ­WJ°F¹BUBÁ]]]]
  73. 73. %FW².­I­UNZBNPage 16 of 150 3ULDUR7X@R@HU`(3UCDHUIMM(OQ@
  74. 74. UWBNFWBTBOEIZ­T­WJUS²UWB©EFWJKBOBO²QBS­] 3UX$Sµ@X1SDHUs3UX$SSÆR)XSDIFSÆ UWBZBJUBEEI­SZBUFWJ°WB©UWBZBJUBUT®KZBUFKBHBU]]]] 3UX$SSÆO@+XSDCDHU3UL32X-SDBRU1C@
  75. 75. UWBZBJUBUQ­MZBUFEFWJUWBNBUTZBOUFDBTBSWBE­] HURu@$RHumO@3UH2VHSmO@BO@KMD WJT®¹¾BVT®¹¾JSÄQ­UWB©TUIJUJSÄQ­DBQ­MBOF]]]] SV@RzHSmO@-SDIFS@D2XIF-LXD
  76. 76. UBUI­TB©I®UJSÄQ­OUFKBHBUPTZBKBHBONBZF] LG@HU @LG@L@X@LG@LDW@LG@2LHS NBI­WJEZ­NBI­N­Z­NBI­NFEI­NBI­TN®UJÁ]]]] LG@L@DG@BÃUS(LG@CDU(LGDsQ(
  77. 77. NBI­NPI­DBCIBWBU²NBI­EFW²NBIF°WBS²] eJ•HS23UBRU12XFT:`XHUÃ@HUM( QSBL®UJTUWB©DBTBSWBTZBHV´BUSBZBWJCI­WJO²]]]] J@KQ@H`L1G@Q@H`L@D1GQ@H`oC@k:@
  78. 78. L­MBS­USJSNBI­S­USJSNPIBS­USJ°DBE­SV´­] 3Ur(23UL(sQ(3U¥(23UATHµA@D1WK:@ UWB©°S²TUWBN²°WBS²UWB©IS²TUWB©CVEEIJSCPEIBMBL¹B´­]]]]
  79. 79. %FW².­I­UNZBNPage 17 of 150 KÙ@OTHu2SV@STHu23UY@H-S@H-SQDUB
  80. 80. MBKK­QV¹¾JTUBUI­UV¹¾JTUWB©°­OUJÁL¹­OUJSFWBDB] NHEFM(Y4HKM(Ç@DQ@FHCM(BHÖ:(SV@ LIBºHJO²°ÄMJO²HIPS­HBEJO²DBLSJ´²UBUI­]]]] YHœM(B@HOM(A@:ÃTYTZE(OHQÇ@XTW@
  81. 81. °BµLIJO²D­QJO²C­´BCIV°V´º²QBSJHI­ZVEI­] R@$,X@R@$,XSQ@YDR@$,XDX23UHSRT-CQ( TBVNZ­TBVNZBUBS­°F¹BTBVNZFCIZBTUWBUJTVOEBS²]]]] OQ@OQ@:@OQL@3ULDUOQLDsQ(
  82. 82. QBS­QBS­´­©QBSBN­UWBNFWBQBSBNF°WBS²] X×HJHB3*UHBb2STRCRb@HNK@H3LJD ZBDDBLJ¸DJULWBDJEWBTUVTBEBTBEW­LIJM­UNJLF]]]] S2XRU12XX@YHÄR@3UHJ2S4XRDLX@
  83. 83. UBTZBTBSWBTZBZ­°BLUJÁT­UWB©LJ©TUÄZBTFNBZ­] XX@3UX@IFSÆwu@IF3O@3XH^X@DIFSÆ ZBZ­UWBZ­KBHBUTSB¹¾­KBHBUQ­UZBUUJZPKBHBU]]]] R@DHOHM¸@UYM(SJ23U@2S@DSTHLGDsQ
  84. 84. TPQJOJES­WB°B©O²UBÁLBTUW­©TUPUVNJIF°WBSBÁ] HU:TYQ(QG:LGL(Y@MUB WJ¹´VÁ°BS²SBHSBIB´BNBIBN²°­OBFWBDB]]]]
  85. 85. %FW².­I­UNZBNPage 18 of 150 J@HQS@2SDXS@DS23U@J2S@DSTYHÄL@MÆÃUDSÆ
  86. 86. L­SJU­TUFZBUPUBTUW­©LBÁTUPUV©°BLUJN­OCIBWFU] R@3UHL3VeÃ@U$2U$kC@Q$CD1HUR2STS@ T­UWBNJUUIB©QSBCI­WBJÁTWBJSVE­SBJSEFWJTB©TUVU­]]]] L@DGX$S@$¯Q@W@1URTQ@$LWTJ$PÃ@$
  87. 87. NPIBZBJUBVEVS­EIBS¹­WBTVSBVNBEIVLBJ¾BCIBV] eA@DWBIF32U@L(M(XS@LXTS@DKÇT QSBCPEIB©DBKBHBUTW­N²O²ZBU­NBDZVUPMBHIV]]]] A@DWoHÖXS@L2XG-STLDS@$LG@RTQ@$ CPEIB°DBLSJZBU­NBTZBIBOUVNFUBVNBI­TVSBV]]]] ;HkU@B ®¹JSVW­DB]]]] U2STS@SC@CDU(S@LR(S`UDWR@ FWB©TUVU­UBE­EFW²U­NBT²UBUSBWFEIBT­]]]] HU:@DeA@DWM@V@1XHMG-STLWTJ$PÃ@$
  88. 88. WJ¹´PÁQSBCPEIBO­SUI­ZBOJIBOUV©NBEIVLBJ¾BCIBV] MD`@2XM@HRJ@A@¤zCXDX2SV@DQR OFUS­TZBO­TJL­C­IVI®EBZFCIZBTUBUIPSBTBÁ]]]]
  89. 89. %FW².­I­UNZBNPage 19 of 150 HMF1,XCY1MDS2V@$g|:@D5XÄI-LM
  90. 90. OJSHBNZBEBS°BOFUBTUIBVCSBINB´PWZBLUBKBONBOBÁ] ^2V@$BIFº@V2SX@LTÄ@DIM@C1M VUUBTUIBVDBKBHBOO­UIBTUBZ­NVLUPKBO­SEBOBÁ]]]] J@:1UDHGYXM@^SRC}YDBS@$
  91. 91. FL­S´BWFIJ°BZBO­UUBUBÁTBEBE®°FDBUBV] LWTJ$PÃ@$¯Q@3L@M@UHSU(X1OQ@ÖL@$ NBEIVLBJ¾BCIBVEVS­UN­O­WBUJW²SZBQBS­LSBNBV]]]] Ö@DWQÄD:@U^Tg|@:IHMS@D L@$
  92. 92. LSPEIBSBLUFL¹B´­WBUUV©CSBIN­´B©KBOJUPEZBNBV] RLT3V@XSS2S@X@XTXTWDÃFU@MÆGHQ TBNVUUI­ZBUBUBTU­CIZ­©ZVZVEIFCIBHBW­OIBSJÁ]]]] O®U1RGw@H:A@¤eGQ:@DHUÃT
  93. 93. QB¸DBWBS¹BTBIBTS­´JC­IVQSBIBSB´PWJCIVÁ] S@U/XHSAK@D-L^@$LG@L@X@HUL@DHGS@$ U­WBQZBUJCBMPONBUUBVNBI­N­Z­WJNPIJUBV]]]] ÄU-S@$UQ@D2L^@DHpXS@HLHSJDYULÆ VLUBWBOUBVWBSPTNBUUPWSJZBU­NJUJLF°BWBN]]]]
  94. 94. %FW².­I­UNZBNPage 20 of 150 r(ÃFU@MTU@B °S²CIBHBW­OVW­DB]]]] ÃUDS@L LDSTu@$LLU7X@UTÃ@UHO CIBWFU­NBEZBNFUV¹¾BVNBNBWBEIZ­WVCI­WBQJ]]]] HJL-XDMUQD:@`S@UHµUSLX@ LJNBOZFOBWBSF´­USBFU­WBEEIJW®UB©NBZ­]]]] ;HkU@B ®¹JSVW­DB]]]] UH®S@X@HLHSSC@RU1L@O@DLXIFSÆ WB¸DJU­CIZ­NJUJUBE­TBSWBN­QPNBZB©KBHBU]]]] HUK@D*XS@X@FHCS@DÃFU@MÆJLKD:
  95. 95. WJMPLZBU­CIZ­©HBEJUPCIBHBW­OLBNBMFL¹B´BÁ] @U@IHGMX`@DU(1RHKKDMOHQ/KTS@ ­W­©KBIJOBZBUSPSW²TBMJMFOBQBSJQMVU­]]]]
  96. 96. %FW².­I­UNZBNPage 21 of 150 ;HkU@B ®¹JSVW­DB]]]] SVD3XT…U@ÃFUS@YœBÖFC@ÃS@
  97. 97. UBUIFUZVLUW­CIBHBWBU­°BµLIBDBLSBHBE­CI®U­] J•3U@BÖD:U$H#ºDIÇMDHYQR(SX@D L®UW­DBLSF´BWBJDIJOOFKBHIBOF°JSBT²UBZPÁ]]]] ULD@RLT3Oº@g|:@R2STS@2UXLÆ
  98. 98. FWBNF¹­TBNVUQBOO­CSBINB´­TB©TUVU­TWBZBN] eÃ@UL2X@CD5X@2STÃ4XY:TUC@HLSD QSBCI­WBNBTZ­EFWZ­TUVCIÄZBÁ°®´VWBE­NJUF]]]]
  99. 99. D?
  100. 100. ]BJNPN] 2UH2Sr(L@J1ZEDXOTQ@:DR@UH:1JDL-U-SQD ]]TWBTUJ°S²N­SLB´ºFZBQVS­´FT­WBS´JLFNBOWBOUBSF CDU(L@G@3,XDLWTJ$PÃUW@DM@L EFW²N­I­UNZFNBEIVLBJ¾BCIBWBEIPO­NB eVL@D7X@X QSBUIBNPEIZ­ZBÁ]]]]
  101. 101. %FW².­I­UNZBNPage 22 of 150 HbS(X@D7X@X EWJU²ZPEIZ­ZBÁ HUHMX@DF WJOJZPHBÁ 2Xr(L7XLBHQ`2XHU:T;1H
  102. 102. BTZB°S²NBEIZBNBDBSJUSBTZBWJ¹´VS®¹JÁ] r(LG@KyL(CD1US@
  103. 103. H:J#-C
  104. 104. Y@J,ÃQ(YHÄ
  105. 105. °S²NBI­MBL¹N²SEFWBU­]V¹´JLDIBOEBÁ]°­LBNCIBS²°BLUJÁ] ¯F@1A(ILÆ
  106. 106. U@XT2S_ULÆ
  107. 107. XITUD1C2UmOLÆ
  108. 108. EVSH­C²KBN]W­ZVTUBUUWBN]ZBKVSWFEBÁTWBSÄQBN] r(LG@KyL(e(3XVD1L7XLBHQ`IODHUHMX@DF
  109. 109. °S²NBI­MBL¹N²QS²UZBSUIFNBEIZBNBDBSJUSBKBQFWJOJZPHBÁ]
  110. 110. 7X@MLÆ
  111. 111. ]EIZ­OBN] w*OQY4FCDTJ—HKYO¹WMTJ—HZEJ@ BL¹BTSBLQBSB°ÄHBEF¹VLVMJ°B©QBENB©EIBOVÁLV´ºJL­©
  112. 112. %FW².­I­UNZBNPage 23 of 150 CZEYHÄLHRBBL1IKIÇZP@RTQ@Ã@IMLÆ
  113. 113. EB´ºB©°BLUJNBTJ©DBDBSNBKBMBKB©HIB´¾­©TVS­CI­KBOBN] Y4KO@YRTCY1MDBCWS(ŸG2S$eU@KeÃ@ °ÄMB©Q­°BTVEBS°BOFDBEBEIBU²©IBTUBJÁQSBW­MBQSBCI­© RDUDR$HQÃLHC1M(HLGLG@KyL(ŸRQ@DIH2VS@LÆ TFWFTBJSJCIBNBSEJO²NJIBNBI­MBL¹N²©TBSPKBTUIJU­N]] ?¥(Ÿ;HkU@B PNIS²N®¹JSVW­DB]]]] CDU@RTQLÃ4 TµO4:1L!CYSOTQ@
  114. 114. EFW­TVSBNBCIÄEZVEEIB©QÄS´BNBCEB°BUB©QVS­] LHGDRTQ@:@LHWODCDU@M@BOTQ-CQD NBIJ¹FTVS­´­NBEIJQFEFW­O­©DBQVSBOEBSF]]]] S`@RTQ$L1G@U(X$1CD1UR$-XOQ@HISLÆ
  115. 115. UBUS­TVSBJSNBI­W²SZBJSEFWBTBJOZB©QBS­KJUBN] HI3U@BRJK@MÆCDU@HM-¸@DÃ4-LHG@RTQ KJUW­DBTBLBM­OEFW­OJOESPCIÄONBIJ¹­TVSBÁ]]]] SSOQ@HIS@CDU@O¹X@DHMeI@OHSLÆ
  116. 116. UBUBÁQBS­KJU­EFW­ÁQBENBZPOJ©QSBK­QBUJN] OTQ2J•3XFS@2S`X`DYFkE7UI@$ QVSBTL®UZBHBU­TUBUSBZBUSF°BHBSVºBEIWBKBV]]]]
  117. 117. %FW².­I­UNZBNPage 24 of 150 XV@U^SX@D2Sb-LHG@RTQBDHuSLÆ
  118. 118. ZBUI­W®UUB©UBZPTUBEWBONBIJ¹­TVSBDF¹¾JUBN] H`CY@JVX@L@RTCD1U@HÃÃUHU2SQLÆ USJEB°­ÁLBUIBZ­N­TVSEFW­CIJCIBWBWJTUBSBN]]]] R4XD1-¸@-XHMKD-±M@XL2XUk:2XB
  119. 119. TÄSZFOES­HOZBOJMFOEÄO­©ZBNBTZBWBSV´BTZBDB] -XD@B@HWJ@Q@-R2UXLDU@HWHStHS BOZF¹­©D­EIJL­S­OTBTWBZBNFW­EIJUJ¹¾IBUJ]]]] 2UF@1HºQ@J•S@RUD1SDMCDUF:@ÃTHU
  120. 120. TWBSH­OOJS­L®U­ÁTBSWFUFOBEFWBHB´­CIVWJ] HUBQH-SXV@L3X@1LHGD:¯Q@3LM@ WJDBSBOUJZBUI­NBSUZ­NBIJ¹F´BEVS­UNBO­]]]] SbJHVSRU1LLQ@HQHUBDHuSLÆ
  121. 121. FUBEWBÁLBUIJUB©TBSWBNBNBS­SJWJDF¹¾JUBN] YQ:UeOº@2L@DUW2S2XHUHB-3XS@LÆ °BSB´B©WBÁQSBQBOO­ÁTNPWBEIBTUBTZBWJDJOUZBU­N]]]] Å3VHMY,XCDU@M@UB@HRLWTR4CM
  122. 122. JUUIB©OJ°BNZBEFW­O­©WBD­©TJNBEIVTÄEBOBÁ] BJ@QJ@DOY,ÃToTJ—P(J—HPK@MM@$ DBL­SBLPQB©°BNCIV°DBCISVLV¾²LV¾JM­OBOBV]]]]
  123. 123. %FW².­I­UNZBNPage 25 of 150 SS@DHSJ@DOO4:12XBHÖ:@DUCM@^S
  124. 124. UBUPUJLPQBQÄS´BTZBDBLSJ´PWBEBO­UUBUBÁ] HMoÖ@LLG^DI@Dg|:Y–Q2XB OJ°DBLS­NBNBIBUUFKPCSBINB´BÁ°BµLBSBTZBDB]]]] -XD@B$UCDU@M@YÖ@C(M@YQ(QS
  125. 125. BOZF¹­©DBJWBEFW­O­©°BLS­E²O­©°BS²SBUBÁ] HMF1SRTLG^DI2S×$*XRLF#S OJSHBUB©TVNBIBUUFKBTUBDDBJLZB©TBNBHBDDIBUB]]]] S(USDIRJP)UK-SHLUOU1SLÆ
  126. 126. BU²WBUFKBTBÁLľB©KWBMBOUBNJWBQBSWBUBN] C}YT2SDRTQ@2S`)U@K@5X@ÏHCF-SQLÆ EBE®°VTUFTVS­TUBUSBKW­M­WZ­QUBEJHBOUBSBN]]]] STKS`S^DIRU1CDUYQ(QILÆ
  127. 127. BUVMB©UBUSBUBUUFKBÁTBSWBEFWB°BS²SBKBN] J2VSCÃ4º@Q(5X@ÏK@DJ`XH3U@ FLBTUIB©UBEBCIÄOO­S²WZ­QUBMPLBUSBZB©UWJ¹­]]]] XCÃ4#@,ÃUSDI2SDM@I@XSS-LTNLÆ
  128. 128. ZBEBCIÄDDI­NCIBWB©UFKBTUFO­K­ZBUBUBONVLIBN] X@,XDMB@ÃUMÆJDY@A@GU@DHU:TSDIR@ Z­NZFOBD­CIBWBOLF°­C­IBWPWJ¹´VUFKBT­]]]]
  129. 129. %FW².­I­UNZBNPage 26 of 150 R@$,XDM2SMX@DXT1LL7XB$-¸D:B@ÃUSÆ
  130. 130. TBVNZFOBTUBOBZPSZVHNB©NBEIZB©DBJOESF´BD­CIBWBU] U@k:DMBIÇ@DmHMS,A2SDIR@ÃTU W­SV´FOBDBKBµHIPSÄOJUBNCBTUFKBT­CIVWBÁ]]]] g|:2SDIR@O@C@$SCØ«+X@DJ1SDIR@
  131. 131. CSBINB´BTUFKBT­Q­EBVUBEBµHVMZPSLBUFKBT­] UR4M@BJQ@Ø«+XJ@$ADQD:BM@HRJ@ WBTÄO­©DBLBS­µHVMZBÁLBVCFSF´BDBO­TJL­]]]] S2X@2STC-S@R,Ã4S@e@I@O3XDMSDIR@
  132. 132. UBTZ­TUVEBOU­ÁTBNCIÄU­ÁQS­K­QBUZFOBUFKBT­] MXMH`SXIDSV@O@UJSDIR@ OBZBOBUSJUBZB©KBK¸FUBUI­Q­WBLBUFKBT­]]]] TU@$BR7XX@D2SDIrU:@UHMK2XB
  133. 133. CISVWBVDBTBOEIZBZPTUFKBÁ°SBWB´­WBOJMBTZBDB] -XD@B$UCDU@M@R,ÃU2SDIR@HYU@ BOZF¹­©DBJWBEFW­O­©TBNCIBWBTUFKBT­©°JW­]]]] SSRL2SCDU@M@SDI@DQ@HYRLTaU@LÆ
  134. 134. UBUBÁTBNBTUBEFW­O­©UFKPS­°JTBNVECIBW­N] S@HUK@D*XLTCe@OTQLQ@LHG@HC1S@
  135. 135. U­©WJMPLZBNVEB©QS­QVSBNBS­NBIJ¹­SEJU­Á]
  136. 136. %FW².­I­UNZBNPage 27 of 150 SS@DCDU@C¯2S2X$2U@HM2U@-X@XTW@HMB UBUPEFW­EBEVTUBTZBJTW­OJTW­OZ­ZVEI­OJDB]]]] Y4KY4K@HbHMJ•XCC@$S2X$HOM@JWJ
  137. 137. °ÄMB©°ÄM­EWJOJ¹L®¹ZBEBEBVUBTZBJQJO­LBEI®L] BÖBC^U@MÆJ•:RLT3O@P2UBÖS DBLSB©DBEBUUBW­OL®¹´BÁTBNVUQ­¾ZBTWBDBLSBUBÁ]]]] YœBUk:YHÄCC@$S2X$¤S@YM
  138. 138. °BµLIB©DBWBSV´BÁ°BLUJ©EBEBVUBTZBJIVU­°BOBÁ] L@kS@DC^U@o@OA@:O4:D1SVDTW( N­SVUPEBUUBW­©°D­QB©C­´BQÄS´FUBUIF¹VEI²]]]] U‘HL-¸RLT3O@PJ—HKY@CLQ@HWO
  139. 139. WBKSBNJOESBÁTBNVUQ­¾ZBLVMJ°­EBNBS­EIJQBÁ] CC@$S2X$RGw@@DÇZP@L$Q@US@¶I@SÆ EBEBVUBTZBJTBIBTS­L¹PHIB´¾­NBJS­WBU­EHBK­U]]]] J@KCZE@ L@DCZEO@YB@,ATOHSC1C@$
  140. 140. L­MBEB´º­EZBNPEB´ºB©Q­°B©D­NCVQBUJSEBEBV] eI@OHSo@L@K@CC@$g|@JLZEKTLÆ QSBK­QBUJ°D­L¹BN­M­©EBEBVCSBIN­LBNB´ºBMVN]]]]
  141. 141. %FW².­I­UNZBNPage 28 of 150 RL2SQ@DLJODTHMIQ9L(MÆHCU@JQ
  142. 142. TBNBTUBSPNBLÄQF¹VOJKBSB°N²OEJW­LBSBÁ] J@KoC^U@MÆNEFS2X$BL1BHML1KLÆ L­MB°DBEBUUBW­OLIBºHB©UBTZBJDBSNBDBOJSNBMBN]]]] (Q@DCo@LKG@QLIQDBSV@,AQD
  143. 143. L¹²SPEB°D­NBMB©I­SBNBKBSFDBUBUI­NCBSF] B4E@LH:SV@HC5XJ—ZEKDJPJ@HMB Dĺ­NB´J©UBUI­EJWZB©LV´ºBMFLB¾BL­OJDB]]]] W1B-¸SV@YTJDX4Q@MÆRU1A@¤T
  144. 144. BSEIBDBOESB©UBUI­°VCISB©LFZÄS­OTBSWBC­IV¹V] M4OTQ@$HULK@$SbC$UDXJLMT^LLÆ OÄQVSBVWJNBMBVUBEWBEHSBJWFZBLBNBOVUUBNBN]]]] Ø«K(XJQ‰@HMRL2S@2UØ«K(TB
  145. 145. BµHVM²ZBLBSBUO­OJTBNBTU­TWBµHVM²¹VDB] HUsJL@1CC@$S2X$OQYTB@HSHML1KLÆ WJ°WBLBSN­EBEBVUBTZBJQBSB°V©D­UJOJSNBMBN]]]] v@ZXMDJmO@H:SV@ÃD BCYMLÆ
  146. 146. BTUS­´ZBOFLBSÄQ­´JUBUI­CIFEZB©DBEB©°BOBN] ,K@MO–I@L@K@HYQ2XTQHRB@OQ@LÆ BNM­OBQBµLBK­©N­M­©°JSBTZVSBTJD­QBS­N]]]]
  147. 147. %FW².­I­UNZBNPage 29 of 150 CCÙKHW2S2X$O–IB@HSY@DÃMLÆ
  148. 148. BEBEBKKBMBEIJTUBTZBJQBµLBKB©D­UJ°PCIBOBN] HGLU@MÆU@GMHRGQ‰@HMHUHUW@HMB IJNBW­OW­IBOB©TJ©IB©SBUO­OJWJWJEI­OJDB]]]] CC@UY4-XRTQX@O@MO@`WM@HWO
  149. 149. EBE­WB°ÄOZB©TVSBZ­Q­OBQ­USB©EIBO­EIJQBÁ] YDoRU1M@FDY@DLG@LH:HUÃ4HSLÆ °F¹B°DBTBSWBO­HF°PNBI­NB´JWJCIĹJUBN]]]] M@FG@QCC@$S2X$W^DXOHVU(HLL@LÆ
  150. 150. O­HBI­SB©EBEBVUBTZBJEIBUUFZBÁQ®UIJW²NJN­N] -X$QHORTQ$CD1U(Ã4:$Q@XTW$2SV@ BOZBJSBQJTVSBJSEFW²CIĹB´BJS­ZVEIBJTUBUI­]]]] R,L@HMS@MM@C@D×$R@¡G@RLT¤LT1¤
  151. 151. TBNN­OJU­OBO­EPDDBJÁT­¾¾BI­TB©NVIVSNVIVÁ] S2X@M@CDMÇ@DQD:J•3xL@O4HQSMà UBTZ­O­EFOBHIPSF´BL®UTOBN­QÄSJUB©OBCIBÁ]]]] L@XS@HSLGS@eHSY!C@DLG@MÃ4SÆ
  152. 152. BN­ZBU­UJNBIBU­QSBUJ°BCEPNBI­OBCIÄU] BTTÃTRJK@K@DJ@RLT¸@oBJH,OQD DVL¹VCIVÁTBLBM­MPL­ÁTBNVES­°DBDBLBNQJSF]]]]
  153. 153. %FW².­I­UNZBNPage 30 of 150 BB@KURTW@BDKTRJK@oLG(WQ@
  154. 154. DBD­MBWBTVEI­DFMVÁTBLBM­°DBNBI²EIBS­Á] IXDHSCDU@oLTC@S@L4BTHRGU@HGM(LÆ KBZFUJEFW­°DBNVE­U­NÄDVÁTJ©IBW­IJO²N]]]] STuTUTLT1MXo$M@ÃHÄMl@3LL4S1X
  155. 155. UV¹¾VWVSNVOBZB°DBJO­©CIBLUJOBNS­UNBNÄSUBZBÁ] }PU@RL2SRT!W`$K@D*XLLQ@QX E®¹¾W­TBNBTUB©TBµL¹VCEIB©USBJMPLZBNBNBS­SBZBÁ]]]] Rºµ@HNKR$-X@2SDRLT^2VTkC@XTW@
  156. 156. TBOOBEEI­LIJMBTBJOZ­TUFTBNVUUBTUIVSVE­ZVEI­Á] @HJLDSHCHSÖ@DW@C@Ã@XLHG@RTQ ­ÁLJNFUBEJUJLSPEI­E­CI­¹ZBNBIJ¹­TVSBÁ]]]] XW@USSY!CLYD$QRTQ$U1S
  157. 157. BCIZBEI­WBUBUB©°BCEBNB°F¹BJSBTVSBJSW®UBÁ] RCCY1SS@DCDU(Ÿ5X@ÏK@DJ`X@H3U@ TBEBEBS°BUBUPEFW²©WZ­QUBMPLBUSBZ­©UWJ¹­]]]] O@C@Ö@-3X@MSÃTUHJQ(P@DH¢HNS@,AQ@LÆ
  158. 158. Q­E­LS­OUZ­OBUBCIVWB©LJS²¾PMMJLIJU­NCBS­N] @DHÃS@YDO@S@K@WMT)X@1HM2UMDMS@LÆ L¹PCIJU­°F¹BQ­U­M­©EIBOVSKZ­OJÁTWBOFOBU­N]]]]
  159. 159. %FW².­I­UNZBNPage 31 of 150 HCY@DÃTIRGwD:RL-S@‡@/XRH2VS@LÆ
  160. 160. EJ°PCIVKBTBIBTSF´BTBNBOU­EWZ­QZBTB©TUIJU­N] SSeUUSDXTµSX@CD5X@RTQHb@LÆ UBUBÁQSBWBW®UFZVEEIB©UBZ­EFWZ­TVSBEWJ¹­N]]]] Yv@v$A1¤W@LTÄ$Q@C(HOSHCF-SQLÆ
  161. 161. °BTUS­TUSBJSCBIVEI­NVLUBJS­E²QJUBEJHBOUBSBN] LHG@RTQRDM@M(HoTQ@.X@DLG@RTQ NBIJ¹­TVSBTFO­O²°DJL¹VS­LIZPNBI­TVSBÁ]]]] XTXTWDB@LQo@-X$oSTQØAK@H-US
  162. 162. ZVZVEIFD­NBSB°D­OZBJ°DBUVSBµHBCBM­OWJUBÁ] QV@M@LXTS$HEÃkC@.X@DLG@RTQ SBUI­O­NBZVUBJÁ¹BºCIJSVEBHS­LIZPNBI­TVSBÁ]]]] XT7XS@XTS@M@BRGwD:LG@GMT
  163. 163. BZVEIZBU­ZVU­O­©DBTBIBTSF´BNBI­IBOVÁ] O®@YHaoHMXTS$QHRK@DL@LG@RTQ QB¸D­°BECIJ°DBOJZVUBJSBTJMPN­NBI­TVSBÁ]]]] XTS@M@YS$HEÃA@1JK@DXTXTWDQ:D
  164. 164. BZVU­O­©°BUBJÁ¹BºCIJSC­¹LBMPZVZVEIFSB´F] FIU@HIRGw@$Ç$QMDJ$OHQU@HQS HBKBW­KJTBIBTSBVHIBJSBOFLBJÁQBSJW­SJUBÁ]]]]
  165. 165. %FW².­I­UNZBNPage 32 of 150 US@DQV@M@J@DP@BXTµDSH2LºXT7XS
  166. 166. W®UPSBUI­O­©LP¾Z­DBZVEEIFUBTNJOOBZVEIZBUB] HAE@K@.X@DXTS@M@BO®@YHaQV@XTS$ CJº­M­LIZPZVU­O­©DBQB¸D­°BECIJSBUI­ZVUBJÁ]]]] XTXTWDRXTFDS`QV@M@OHQU@HQS
  167. 167. ZVZVEIFTB©ZVHFUBUSBSBUI­O­©QBSJW­SJUBÁ] -XDBS`@XTSY@DQVM@FGX$U1S@ BOZFDBUBUS­ZVUB°PSBUIBO­HBIBZBJSW®U­Á]]]] XTXTWTRXTFDCD5X@RGS`LG@RTQ@
  168. 168. ZVZVEIVÁTB©ZVHFEFWZ­TBIBUBUSBNBI­TVS­Á] J@DHPJ@DHPRGw$2STQV@M@CH-SM@SV@ LP¾JLP¾JTBIBTSBJTUVSBUI­O­©EBOUJO­©UBUI­]]]] GX@M@BUS@DXTµDS`@Ã4-LHG@RTQ
  169. 169. IBZ­O­©DBW®UPZVEEIFUBUS­CIÄONBIJ¹­TVSBÁ] S@DLQ$HÃ1H-CO@K$oYHÄHÃLT1RK$2SV@ UPNBSBJSCIJOEJQ­MBJ°DB°BLUJCIJSNVTBMBJTUBUI­]]]] XTXTWTRXTFDCD5X@NEF$OQYTOH¡Y$
  170. 170. ZVZVEIVÁTB©ZVHFEFWZ­LIBºHBJÁQBSB°VQB¾¾J°BJÁ] JDHB×HBHOTYÄ(JDHBSÆO@Y@2SV@OQD LFDJDDBDJL¹JQVÁ°BLU²ÁLFDJUQ­°­©TUBUI­QBSF]]]]
  171. 171. %FW².­I­UNZBNPage 33 of 150 CDU(ŸNEFeG@Q$2STSDS@G-STeBÖLT
  172. 172. EFW²©LIBºHBQSBI­SBJTUVUFU­©IBOUV©QSBDBLSBNVÁ] R@HOCDU(SS2S@HMYv@ZXv@H:BHZEJ@ T­QJEFW²UBUBTU­OJ°BTUS­´ZBTUS­´JDB´ºJL­]]]] K(KX$UeHB#DCHMIYv@vUH1:(
  173. 173. M²MBZBJWBQSBDJDDIFEBOJKB°BTUS­TUSBWBS¹J´²] M@X2S@MM@CDU(2S4XL@M@RTQH1HÃ BO­ZBTU­OBO­EFW²TUÄZBN­O­TVSBS¹JCIJÁ]]]] LTL@DB@RTQCDGDTYv@ZXv@H:BDsQ(
  174. 174. NVNPD­TVSBEFIF¹V°BTUS­´ZBTUS­´JDF°WBS²] R@DHO֗µ@DWTSRP@DCD5X@U@GMJDRQ( TPQJLSVEEIPEIVUBTB¾PEFWZ­W­IBOBLFTBS²]]]] BB@Q@RTQR$-XDTUMDHUU¤S@YM
  175. 175. DBD­S­TVSBTBJOZF¹VWBOF¹WJWBIVU­°BOBÁ] HMs@R@MÆLTLTBDX@oXT7XL@M@Q:DH,AJ@ OJÁ°W­T­ONVNVDFZ­©°DBZVEIZBN­O­SB´FNCJL­]]]] SUR R,Ã4S@F:@YSRGwY
  176. 176. UBFWBTBEZBÁTBNCIÄU­HB´­Á°BUBTBIBTSB°BÁ] XTXTWT2SDOQYTHÃHÃ1H-CO@K@HROH¡Y$ ZVZVEIVTUFQBSB°VCIJSCIJOEJQ­M­TJQB¾¾J°BJÁ]]]]
  177. 177. %FW².­I­UNZBNPage 34 of 150 M@YX-S@DRTQF:@MÆCDU(Y…XTOAHGS@
  178. 178. O­°BZBOUPTVSBHB´­OEFW²°BLUZVQBC®©IJU­Á] U@CX-SOPG@MÆF:@Yœ@2SV@OQD BW­EBZBOUBQB¾BI­OHB´­Á°BµLI­©TUBUI­QBSF]]]] LCØ@oSV$U@-XDSH2LMÆXTµLG@D3RUD
  179. 179. N®EBµH­©°DBUBUIBJW­OZFUBTNJOZVEEIBNBIPUTBWF] SS@DCDU(H`Y4KDMFCX@YHÄUHuHà UBUPEFW²USJ°ÄMFOBHBEBZ­°BLUJW®¹¾JCIJÁ]]]] NEF@HCHÃoYSY@DHMIÇ@MLG@RTQ@MÆ
  180. 180. LIBºH­EJCIJ°DB°BUB°POJKBHI­OBNBI­TVS­O] O@SX@L@RB$U@-X@MÆÇZP@2UMHUL@DHGS@MÆ Q­UBZ­N­TBDBJW­OZ­OHIB´¾­TWBOBWJNPIJU­O]]]] RTQ@MÆÃTHUO@YDMAC7U@B@-X@MJ1XSÆ
  181. 181. BTVS­OCIVWJQ­°FOBCBEEIW­D­OZ­OBLBS¹BZBU] JDHBCHbW@J•S@2S(y:$NEFO@S$2SV@OQD LFDJEEWJEI­L®U­TU²L¹´BJÁLIBºHBQ­UBJTUBUI­QBSF]]]] HUO@DHVS@HMO@SDMFCX@ÃTHUYDQSD
  182. 182. WJQPUIJU­OJQ­UFOBHBEBZ­CIVWJ°FSBUF] UDLToJDHB¸«HWQLTRKDMÃYGS@ WFNV°DBLFDJESVEIJSB©NVTBMFOBCI®°B©IBU­Á]]]]
  183. 183. %FW².­I­UNZBNPage 35 of 150 JDHBHºOHSS@Ã4L@$Hú@Y4KDMUHR
  184. 184. LFDJOOJQBUJU­CIÄNBVCIJOO­Á°ÄMFOBWBL¹BTJ] HMQ-SQ@YQ@$ÇD:J•S@JDHB¸:@HIQD OJSBOUBS­Á°BSBVHIF´BL®U­ÁLFDJESB´­KJSF]]]] 9XDM@MTJ@HQ:e@:@MÆLTLTBTHvCY@C1M@
  185. 185. °ZFO­OVL­SJ´BÁQS­´­ONVNVDVTUSJEB°­SEBO­Á] JD@HBCA@GUH9#º@H9#º(U@2SV@OQD LF¹­¸DJEC­IBWB°DIJOO­°DIJOOBHS²W­TUBUI­QBSF]]]] HYQ@HRODSTQ-XD@L-XDL7XDHUC@HQS@
  186. 186. °JS­©TJQFUVSBOZF¹­NBOZFNBEIZFWJE­SJU­Á] HUH#ºIÇ@23UOQDODSTk5X@’LG@RTQ@ WJDDIJOOBKBµHI­TUWBQBSFQFUVSVSWZ­©NBI­TVS­Á]]]] JA@ÒHBQ:@JDHB´D5X@HbW@J•S@
  187. 187. FLBC­IWBL¹JDBSB´­ÁLFDJEEFWZ­EWJEI­L®U­Á] H#ºDHOB@-XDHYQHROHSS@OTMkH3VS@ DIJOOFQJD­OZF°JSBTJQBUJU­ÁQVOBSVUUIJU­Á]]]] JA-W@XTXTWTCD15X@FG(SOQL@XTW@
  188. 188. LBCBOEI­ZVZVEIVSEFWZ­H®I²UBQBSBN­ZVEI­Á] MMSTo@OQDS`XTµDS4X1KX@HrS@ OBO®UV°D­QBSFUBUSBZVEEIFUÄSZBMBZ­°SJU­Á]]]]
  189. 189. %FW².­I­UNZBNPage 36 of 150 JA-W@H9#ºHYQRNEFY…XHuO@:X
  190. 190. LBCBOEI­°DIJOOB°JSBTBÁLIBºHB°BLUZ®¹¾JQ­´BZBÁ] HStHStDHSÃ@-S@DCDU(L-XDLG@RTQ@ UJ¹¾IBUJ¹¾IFUJCI­¹BOUPEFW²NBOZFNBI­TVS­Á]]]] O@HSS$QVM@F@s$QRTQ$oURT-WQ@
  191. 191. Q­UJUBJSBUIBO­H­°WBJSBTVSBJ°DBWBTVOEIBS­] F,X@R@ÃU^`X`@Ã4SÆRLG@Q: BHBNZ­T­CIBWBUUBUSBZBUS­CIÄUTBNBI­SB´BÁ]]]] Y@DH:S@$Ç@LG@M R 2S`eRTwTUT
  192. 192. °P´JUBVHI­NBI­OBEZBÁTBEZBTUBUSBQSBTVTSVWVÁ] L7XDB@RTQR$-X2XU@Q:@RTQU@HIM@LÆ NBEIZFD­TVSBTBJOZBTZBW­SB´­TVSBW­KJO­N]]]] :DMS-LG@R$-XLRTQ@:@SV@H,AJ@
  193. 193. L¹B´FOBUBONBI­TBJOZBNBTVS­´­©UBUI­NCJL­] HM-XDXXV@UH{2S:C@kLG@BXLÆ OJOZFL¹BZB©ZBUI­WBIOJTU®´BE­SVNBI­DBZBN]]]] RBHRG@DLG@M@CLT3RIMÆWTSJDRQ
  194. 194. TBDBTJ©IPNBI­O­EBNVUT®KBOEIVUBLFTBSBÁ] YQ(QDX@DLQ@Q(:@LR4HMUHUHB-UHS °BS²SFCIZPNBS­S²´­NBTÄOJWBWJDJOWBUJ]]]]
  195. 195. %FW².­I­UNZBNPage 37 of 150 CD5X@F:$oS$2S`J•SXTµSV@RTQ$
  196. 196. EFWZ­HB´BJ°DBUBJTUBUSBL®UB©ZVEEIB©UBUI­TVSBJÁ] XV$@STSTTCD1U@OTOUHuLTB@DHCHU ZBUIBJ¹­©UVUV¹VSEFW­ÁQV¹QBW®¹¾JNVDPEJWJ]]]] 2UH2Sr(L@J1ZEDXOTQ@:DR@UH:1JDL-U-SQD ]]TWBTUJ°S²N­SLB´ºFZBQVS­´FT­WBS´JLFNBOWBOUBSF CDU(L@G@3,XDLHG@RTQR$-XUW@DM@L EFW²N­I­UNZFNBIJ¹­TVSBTBJOZBWBEIPO­NB HbS(X@D7X@X EWJU²ZPEIZ­ZBÁ]]]]
  197. 197. %FW².­I­UNZBNPage 38 of 150 SS(X@D7X@X U®U²ZPEIZ­ZBÁ ?;HkU@B PN®¹JSVW­DB]]]] HMG-XL@MS3R$-XLUK@D*XLG@RTQ
  198. 198. OJIBOZBN­OB©UBUTBJOZBNBWBMPLZBNBI­TVSBÁ] RDM@M(HoTQJ@DO@ X@$X@Dµ«LV@H,AJ@LÆ TFO­O²°DJL¹VSBÁLPQ­EZBZBVZPEEIVNBUI­NCJL­N]]]] RCDU(ŸYQUD1:UU1RLQDRTQ
  199. 199. TBEFW²©°BSBWBS¹F´BWBWBS¹BTBNBSFTVSBÁ] XV@LDkHFQDYØS@DXUD1:S@DXC ZBUI­NFSVHJSFÁ°®µHB©UPZBWBS¹F´BUPZBEBÁ]]]] S2XH#3U@SS@DCDU(K(KX$UYQ@D3JQ@MÆ
  200. 200. UBTZBDIJUW­UBUPEFW²M²MBZBJWB°BSPULBS­O] IÇ@MSTQF@-A@:$X1-S@QB$UU@HIM@LÆ KBHI­OBUVSBH­OC­´BJSZBOU­SB©DBJWBW­KJO­N]]]]
  201. 201. %FW².­I­UNZBNPage 39 of 150 HB#DCBWMTR @D7UIB@HSRLT#SLÆ
  202. 202. DJDDIFEBDBEIBOVÁTBEZPEIWBKB©D­UJTBNVDDI®UBN] HU5X@WB$UF@`DTH#ºW-U@ML@YTF$ WJWZ­EIBDBJWBH­USF¹VDIJOOBEIBOW­OBN­°VHBJÁ]]]] RH#ºW-U@HUQV@DGS@s@DGSR@QHV
  203. 203. TBDDIJOOBEIBOW­WJSBUIPIBU­°WPIBUBT­SBUIJÁ] XW@USS@CDU(ŸNEFBL1WQ@DRTQ BCIZBEI­WBUBU­©EFW²©LIBºHBDBSNBEIBSPTVSBÁ]]]] HRGL@G3XNEFDMS(y:W@QD:L4W1HM
  204. 204. TJ©IBN­IBUZBLIBºHFOBU²L¹´BEI­SF´BNÄSEIBOJ] @IÇ@MÃTIDR5XDCDU(L/XHSUDFU@MÆ ­KBHI­OBCIVKFTBWZFEFW²NBQZBUJWFHBW­O]]]] S2X@NEF@DÃTIe@/XO @KMOM-CM
  205. 205. UBTZ­ÁLIBºHPCIVKB©QS­QZBQBQI­MBO®QBOBOEBOB] SS@DI@GY4KRJ@DO@Ck:K@DBM UBUPKBHS­IB°ÄMB©TBLPQ­EBSV´BMPDBOBÁ]]]] HBDOBSS2S^TøJ@+X@LG@RTQ
  206. 206. DJL¹FQBDBUBUBTUBUUVCIBESBL­MZ­©NBI­TVSBÁ] I@)U+XL@MSDI@DÃ(QHUHA,AHLU@,AQ@SÆ K­KWBMZBN­OB©UFKPCI²SBWJCJNCBNJW­NCBS­U]]]]
  207. 207. %FW².­I­UNZBNPage 40 of 150 }PU@SC@OS#4KCDU(Y4KLLT®S
  208. 208. E®¹¾W­UBE­QBUBDDIÄMB©EFW²°ÄMBNBNV¸DBUB] SDMS#SW@M(SY4KRBLG@RTQ UFOBUBDDIBUBEI­O²UB©°ÄMB©TBDBNBI­TVSBÁ]]]] GSDSH2L-LG@U(XD1LHG2XBL4OS@$
  209. 209. IBUFUBTNJONBI­W²SZFNBIJ¹BTZBDBNÄQBUBV] @IF@LFI@m%o@LQHvCY@C1M ­KBH­NBHBK­SĺIB°D­NBSBTUSJEB°­SEBOBÁ]]]] R@DHOYHÄLTL@DB@VCD5X@2S@LH,AJ@¸«SLÆ
  210. 210. TPQJ°BLUJ©NVNPD­UIBEFWZ­TU­NBNCJL­ESVUBN] ¤J@Q@HÃGS@Ã4L@$O@SX@L@RHMeÃ@LÆ IVµL­S­CIJIBU­©CIÄNBVQ­UBZ­N­TBOJ¹QSBCI­N]]]] Ã@YHÄHMOHSS@}PU@Ö@DWRLH-US
  211. 211. CIBHO­©°BLUJ©OJQBUJU­©E®¹¾W­LSPEIBTBNBOWJUBÁ] HBDOB@LQY4KA@:$2SCHOR@H#MSÆ DJL¹FQBD­NBSBÁ°ÄMB©C­´BJTUBEBQJT­DDIJOBU]]]] SSHRGRLT3O3XFIJ—,Ã@-SQDH2VS
  212. 212. UBUBÁTJ©IBÁTBNVUQBUZBHBKBLVNCI­OUBSFTUIJUBÁ] A@¤XTµDMXTXTWDSDM@D×$HvCY@HQ:@ C­IVZVEEIFOBZVZVEIFUFOPDDBJTUSJEB°­SJ´­]]]]
  213. 213. %FW².­I­UNZBNPage 41 of 150 XT7XL@M@$SS2S@$STS2L@º@F@-LG(ŸFS@$
  214. 214. ZVEIZBN­OBVUBUBTUBVUVUBTN­OO­H­ONBI²©HBUBV] XTXTW@SDHSRQ!W@$eG@Q$QHSC@k:$ ZVZVEI­UFUJTB©SBCEIBVQSBI­SBJSBUJE­SV´BJÁ]]]] SS@DUDF@SÆNLT3O3XHMO3XBLF@HQ:@
  215. 215. UBUPWFH­ULIBNVUQBUZBOJQBUZBDBN®H­SJ´­] JQeG@QD:HYQo@LQ2XOVJJ•SLÆ LBSBQSBI­SF´B°JSB°D­NBSBTZBQ®UIBLL®UBN]]]] CoQ:DCD5X@HYK@U@HCHÃG1S
  216. 216. VEBHSB°DBSB´FEFWZ­°JM­W®L¹­EJCIJSIBUBÁ] C-SLTHuSK$o$UJQ@KoHMO@HSS EBOUBNV¹¾JUBMBJ°DBJWBLBS­MB°DBOJQ­UJUBÁ]]]] CDU(֗µ@FC@O@S$o4:1X@L@RB@DµSLÆ
  217. 217. EFW²LSVEEI­HBE­Q­UBJ°DÄS´BZ­N­TBDPEEIBUBN] A@JKHÃH-CO@KDMA@:$2S@lSV@-WJLÆ C­¹LBMB©CIJOEJQ­MFOBC­´BJTU­NSB©UBUI­OEIBLBN]]]] @2XLTU(X’BSV$UBLG@GMTLÆ
  218. 218. VHS­TZBNVHSBW²SZB©DBUBUIBJWBDBNBI­IBOVN] H`MD`@BH`Y4KDMIÇ@MOQLDsQ( USJOFUS­DBUSJ°ÄMFOBKBHI­OBQBSBNF°WBS²]]]]
  219. 219. %FW².­I­UNZBNPage 42 of 150 HAE@K2X@HRM@J@X@SÆO@SX@L@RU$HYQ
  220. 220. CJº­MBTZ­TJO­L­Z­UQ­UBZ­N­TBWBJ°JSBÁ] ¯W1Q¯LT1NB@DÃ@$YQ$HM1-XDXLXLÆ EVSEIBSB©EVSNVLIB©DPCIBV°BSBJSOJOZFZBNBL¹BZBN]]]] UR(XL@:DST2UR$-XDLHG@RTQ
  221. 221. FWB©TBµL¹²ZBN­´FUVTWBTBJOZFNBIJ¹­TVSBÁ] L@HGD:2UmOD:`@RX@L@RS@MÆF:@MÆ N­IJ¹F´BTWBSÄQF´BUS­TBZ­N­TBU­OHB´­O]]]] J@Ho^TZEeG@QD:NTQDO$2SV@OQ@MÆ
  222. 222. L­©°DJUUV´ºBQSBI­SF´BLIVSBL¹FQBJTUBUI­QBS­O] K@ؔKS@HES@o@-X@MÆYØ@X@BHUC@HQS@MÆ M­µHÄMBU­ºJU­©°D­OZ­O°®µH­CIZ­©DBWJE­SJU­O]]]] UDFDMJ@HoCOQ@º@CDML:DMB
  223. 223. WFHFOBL­©°DJEBQBS­OO­EFOBCISBNB´FOBDB] HMs@ROUMDM@-X@-O@SX@L@RÃ4SKD OJÁ°W­TBQBWBOFO­OZ­OQ­UBZ­N­TBCIÄUBMF]]]] HMO@3XeLV@M(JLXW@USR@DRTQ
  224. 224. OJQ­UZBQSBNBUI­O²LBNBCIZBEI­WBUBTPTVSBÁ] HRGG-STLG@CD5X@J@DOBÖDSS@DH,AJ@ TJ©IB©IBOUV©NBI­EFWZ­ÁLPQB©DBLSFUBUPNCJL­]]]]
  225. 225. %FW².­I­UNZBNPage 43 of 150 R@DHOJ@DO@-LG@U(X1NTQTZ:LG(SK
  226. 226. TPQJLPQ­ONBI­W²SZBÁLIVSBL¹V´´BNBI²UBMBÁ] YØ@X@OU1S@MT×@HoDOBMM@CB °®µH­CIZ­©QBSWBU­OVDD­©°DJL¹FQBDBOBO­EBDB]]]] UDFL:HUTZ:@LG(S2X5XY(X1S
  227. 227. WFHBCISBNB´BWJL¹V´´­NBI²UBTZBWZB°²SZBUB] K@ؔKDM@GSo@H!W/K@UX@L@RRU1S M­µHÄMFO­IBUB°D­CEIJÁQM­WBZ­N­TBTBSWBUBÁ]]]] WTSYØHUHú@oNZENZEXXTÇ1M@
  228. 228. EIVUB°®µHBWJCIJOO­°DBLIB´ºB©LIB´ºB©ZBZVSHIBO­Á] s@R@HMK@2S@YSY@DHMODSTM1ÃR@DBK@ °W­T­OJM­TU­Á°BUB°POJQFUVSOBCIBTPDBM­Á]]]] ÅHSÖ@DWRL@7L@SL@OS-SLG@RTQLÆ
  229. 229. JUJLSPEIBTBN­EIN­UBN­QBUBOUB©NBI­TVSBN] }PU@R@BHZEJ@J@DOSbW@XSC@JQ@DSÆ E®¹¾W­T­DB´ºJL­LPQB©UBEWBEI­ZBUBE­LBSPU]]]] R@HÑU@S2XU$O@YSAA-WLG@RTQLÆ
  230. 230. T­L¹JQUW­UBTZBWBJQ­°B©UB©CBCBOEIBNBI­TVSBN] S3X@IL@HGmOR@DHOAµ@DLG@LWD UBUZ­KBN­IJ¹B©SÄQB©TPQJCBEEIPNBI­N®EIF]]]]
  231. 231. %FW².­I­UNZBNPage 44 of 150 SSHRG@DÃU3R @DX@U^2X@H,AJ@HYQ
  232. 232. UBUBÁTJ©IPCIBWBUTBEZPZ­WBUUBTZ­NCJL­°JSBÁ] H#MH^S@USÆOTkNEFO@H:Q}9XS DIJOBUUJU­WBUQVSV¹BÁLIBºHBQ­´JSBE®°ZBUB]]]] SSU@YTOTkCDU(HB#DCR@XJ$
  233. 233. UBUBFW­°VQVSV¹B©EFW²DJDDIFEBT­ZBLBJÁ] SNEFBL1:@R@W’SSR@DÃ4-LG@FI UB©LIBºHBDBSNB´­T­SEIB©UBUBÁTPCIÄONBI­HBKBÁ]]]] JQD:BLG@HRGSBJ1IFI1B
  234. 234. LBSF´BDBNBI­TJ©IB©UB©DBLBS¹BKBHBSKBDB] J1S2STJQCDU(NEFDMHMQJ•-SS LBS¹BUBTUVLBSB©EFW²LIBºHFOBOJSBL®OUBUB]]]] SS@DLG@RTQ@DÃ4X@DL@HGUOTQ@H2VS
  235. 235. UBUPNBI­TVSPCIÄZPN­IJ¹B©WBQVS­TUIJUBÁ] SV$U@DÃX@L@R`$K@D*XRBQ@BQLÆ UBUIBJWBL¹PCIBZ­N­TBUSBJMPLZB©TBDBS­DBSBN]]]] SS֗µ@IF-L@S@BHZEJ@O@MLT^LLÆ
  236. 236. UBUBÁLSVEEI­KBHBON­U­DB´ºJL­Q­OBNVUUBNBN] OO@$OTMOTMo$UIG@R@k:K@DBM@ QBQBVQVOBÁQVOB°DBJWBKBI­T­SV´BMPDBO­]]]]
  237. 237. %FW².­I­UNZBNPage 45 of 150 MMC1B@RTQR@DHOAKU(X1LC@DµS
  238. 238. OBOBSEBD­TVSBÁTPQJCBMBW²SZBNBEPEEIBUBÁ] HU@:@X@BHBDOBHZEJ@eHSÃ4WQ@MÆ WJ¹­´­CIZ­©DBDJL¹FQBDB´ºJL­©QSBUJCIÄEIBS­O]]]] R@BS@-eHGS@2SDMB4:1X-S(YQ@D3JQ$
  239. 239. T­DBU­OQSBIJU­©TUFOBDÄS´BZBOU²°BSPULBSBJÁ] U@BSLC@Dµ”SLTNQ@F@J—K@QLÆ VW­DBUB©NBEPEEIÄUBNVLIBS­H­LVM­L¹BSBN]]]] CD5XTU@B EFWZVW­DB]]]] FI1FI1:L4%LWTX@UH3OA@,XGLÆ
  240. 240. HBSKBHBSKBL¹B´B©NĺIBNBEIVZ­WBUQJC­NZBIBN] LX@3UHXGSD`$UFHI1X-3X@YTCDUS@ NBZ­UWBZJIBUFUSBJWBHBSKJ¹ZBOUZ­°VEFWBU­Á]]]] ;HkU@B ®¹JSVW­DB]]]] ULT…U@RLT3O3XR@m%@SLG@RTQLÆ
  241. 241. FWBNVLUW­TBNVUQBUZBT­SĺI­UB©NBI­TVSBN] O@CDM@Ö,XJZ0DBY4KDM$MLS@EXSÆ Q­EFO­LSBNZBLB´¾IFDB°ÄMFOBJOBNBU­ºBZBU]]]]
  242. 242. %FW².­I­UNZBNPage 46 of 150 SSR@DHOOC@Ö@-S2SX@HMILTN@^C@
  243. 243. UBUBÁTPQJQBE­LS­OUBTUBZ­OJKBNVLI­UUBE­] W1HMÖ@-SU@R(´D5X@U(XD1:RUS BSEIBOJ¹LS­OUBFW­T²EEFWZ­W²SZF´BTB©W®UBÁ]]]] W1HMÖ@-SU@R@$XT7XL@M@DLG@RTQ
  244. 244. BSEIBOJ¹LS­OUBFW­TBVZVEIZBN­OPNBI­TVSBÁ] SX@LG@HRM@CD5X@HYQH9#_U@HMO@HSS UBZ­NBI­TJO­EFWZ­°JSB°DIJUUW­OJQ­UJUBÁ]]]] SS@DG@G@J•SRU’C$3XR$-XMM@YSSÆ
  245. 245. UBUPI­I­L®UB©TBSWB©EBJUZBTBJOZB©OBO­°BUBU] eG’BOQILTRJK@CDUS@F:@ QSBIBS¹B©DBQBSB©KBHNVÁTBLBM­EFWBU­HB´­Á]]]] STuTUT2S@RTQ@CDU(ŸRGHC5X$L1GH1HÃ
  246. 246. UV¹¾VWVTU­©TVS­EFW²©TBIBEJWZBJSNBIBS¹JCIJÁ] IFTF1-WU1OSX@DMMSTo@/RQ@DF:@ KBHVSHBOEIBSWBQBUBZPOBO®UV°D­QTBSPHB´­Á]]]]
  247. 247. %FW².­I­UNZBNPage 47 of 150 2UH2Sr(L@J1ZEDXOTQ@:DR@UH:1JDL-U-SQD ]]TWBTUJ°S²N­SLB´ºFZBQVS­´FT­WBS´JLFNBOWBOUBSF CDU(L@G@3,XDLHG@RTQUW@DM@L EFW²N­I­UNZFNBIJ¹­TVSBWBEIPO­NB SS(X@D7X@X U®U²ZPEIZ­ZBÁ]]]]
  248. 248. %FW².­I­UNZBNPage 48 of 150 BSTV@D7X@X 1 DBUVSUIPEIZ­ZBÁ ?;HkU@B PN®¹JSVW­DB]]]] YÖ@CXRTQF:@HMGSDHSU(XD1 °BLS­EBZBÁTVSBHB´­OJIBUFUJW²SZF SH2L-¯Q@3LHMRTQ@HQAKDBCD5X@
  249. 249. UBTNJOEVS­UNBOJTVS­SJCBMFDBEFWZ­] S@STuTUTe:HSMlHYQ@DWQ@R@ U­©UV¹¾VWVÁQSB´BUJOBNSB°JSPEIBS­©T­ U@HÃeG1OTKJ@D¶LB@kCDG@ W­HCIJÁQSBIBS¹BQVMBLPEHBNBD­SVEFI­Á]]]] CD5X@XX@SSHLCIFC@3LY…X@ EFWZ­ZBZ­UBUBNJEB©KBHBE­UNB°BLUZ­ HMYDCDUF:YHÄRL4GL43X@1
  250. 250. OJÁ°F¹BEFWBHB´B°BLUJTBNÄIBNÄSUZ­]
  251. 251. %FW².­I­UNZBNPage 49 of 150 S@LH,AJ@LHNKCDULGH1O4)X@ U­NBNCJL­NBLIJMBEFWBNBIBS¹JQÄKZ­© ÅX@MS@2LHUCW@STYTÃ@HMR@M CIBLUZ­OBU­ÁTNBWJEBEI­UV°VCI­OJT­OBÁ]]]] X2X@eÃ@ULSTKÃFU@MM-S@D ZBTZ­ÁQSBCI­WBNBUVMB©CIBHBW­OBOBOUP g|@GQoMHGUėLKAKB
  252. 252. CSBIN­IBSB°DBOBIJWBLUVNBMB©CBMB©DB] R@BHZEJ@HNKIF3OHQO@KM@X T­DB´ºJL­LIJMBKBHBUQBSJQ­MBO­ZB M@Y@XB@YTÃÃX2XLHSJQ@DST O­°­ZBD­°VCIBCIBZBTZBNBUJ©LBSPUV]]]] X@r(2UXRTJ•HSM@ÃUMDUKyL( Z­°S²ÁTWBZB©TVL®UJO­©CIBWBOF¹WBMBL¹N²Á O@O@3LM@J•SHWX@zCXDTATHµ
  253. 253. Q­Q­UNBO­©L®UBEIJZ­©I®EBZF¹VCVEEIJÁ] rµ@RS@J—KIMeÃU2XKÙ@ °SBEEI­TBU­©LVMBKBOBQSBCIBWBTZBMBKK­ S@3U@MS@2LOHQO@KXCDHUHUsLÆ U­©UW­©OBU­ÁTNBQBSJQ­MBZBEFWJWJ°WBN]]]]
  254. 254. %FW².­I­UNZBNPage 50 of 150 HJU:1X@LSUmOLHB-3XLDSSÆ LJ©WBS´BZ­NBUBWBSÄQBNBDJOUZBNFUBU HJB@HSU(X1LRTQXJ@HQÃ4HQ
  255. 255. LJ¸D­UJW²SZBNBTVSBL¹BZBL­SJCIÄSJ] HJB@GUDTBHQS@HMSU@HSX@HM LJ©D­IBWF¹VDBSJU­OJUBW­UJZ­OJ RUD1TCD5XRTQCDUF:@HCJDT TBSWF¹VEFWZBTVSBEFWBHB´­EJLF¹V]]]] GDSTRL2SIFS@H`FT:@HOC@D$Â IFUVÁTBNBTUBKBHBU­©USJHV´­QJEP¹BJ- M1@XRDGHQGQ@HCHÃQ/XO@Q@
  256. 256. SOBK¸­ZBTFIBSJIBS­EJCIJSBQZBQ­S­] RU@1rX@HNKHLCIFCYÃ4S TBSW­°SBZ­LIJMBNJEB©KBHBEB©°BCIÄUB- L5X@J•S@HGOQL@eJ•HS23UL@ @ NBWZ­L®U­IJQBSBN­QSBL®UJTUWBN­EZ­]]]] X2X@RL2SRTQS@RLTC(Q:DM ZBTZ­ÁTBNBTUBTVSBU­TBNVE²SB´FOB SHÏeX@HSRJKDTLNDTCDHU
  257. 257. U®QUJ©QSBZ­UJTBLBMF¹VNBLIF¹VEFWJ]
  258. 258. %FW².­I­UNZBNPage 51 of 150 2U@G@HRU$HOSF:2XBSHÏGDSTÂ TW­I­TJWBJQJU®HB´BTZBDBU®QUJIFUV- k×@X1RD3ULSUIM$2UW@B SVDD­SZBTFUWBNBUBFWBKBOBJÁTWBEI­DB]]]] X@LTHÄGDSTQHUHB-3XLG@pS@3U Z­NVLUJIFUVSBWJDJOUZBNBI­WSBU­UWB© X2XRDRTHMXSDH-¸XS_UR@Q$
  259. 259. BCIZBTZBTFTVOJZBUFOESJZBUBUUWBT­SBJÁ] L@D@HV1HÃLT1HMHÃQ2SRL2SC@D$Â NPL¹­SUIJCIJSNVOJCIJSBTUBTBNBTUBEP¹BJ- HU1 @HRR@ÃFUS(OQL@HGCDHU SWJEZ­TJT­CIBHBWBU²QBSBN­IJEFWJ]]]] Y!C@H3LJ@RTHULKX1IT@HMW@MÂ °BCE­UNJL­TVWJNBMBSHZBKV¹­©OJEI­OB- LT¶(VQ,XOCO@0US@BR@j@LÆ
  260. 260. NVEH²UIBSBNZBQBEBQ­¾IBWBU­©DBT­NO­N] CDHU`X(ÃFUS(ÃUÃ@UM@X EFWJUSBZ²CIBHBWBU²CIBWBCI­WBO­ZB U@S@1HRRU1IFS@OQL@HS1G¼( W­SU­TJTBSWBKBHBU­©QBSBN­SUJBOUS²]]]]
  261. 261. %FW².­I­UNZBNPage 52 of 150 LDW@HRCDHUHUHCS@HNKY@vR@Q@ NFEI­TJEFWJWJEJU­LIJMB°­TUSBT­S­ ¯F@1HR¯F1ÃUR@FQM@$QRØ@
  262. 262. EVSH­TJEVSHBCIBWBT­HBSBOBVSBTBµH­] r(J$PÃ@HQzCX$JJ•S@HWU@R@ °S²ÁLBJ¾BCI­SJI®EBZBJLBL®U­EIJW­T­ F@$Q(3ULDUYHYL@$HKJ•SeHSt@ HBVS²UWBNFWB°B°JNBVMJL®UBQSBUJ¹¾I­]]]] 3RG@RLLKOHQO4:1B-¸Â ²¹BUTBI­TBNBNBMB©QBSJQÄS´BDBOESB- HA,A@MTJ@HQJMJ@D^LJ@H-SJ@-SLÆ
  263. 263. CJNC­OVL­SJLBOBLPUUBNBL­OUJL­OUBN] 3Xa«SezSL@^k@SV@HO BUZBECIVUB©QSBI®UBN­UUBSV¹­UBUI­QJ U‹HUK@D*XRGR@LHG@RTQD: WBLUSB©WJMPLZBTBIBT­NBIJ¹­TVSF´B]]]] }PU@STCDHUJ—HOSTJ—P(JQ@K E®¹¾W­UVEFWJLVQJUB©CISVLV¾²LBS­MB- LT #Y@–R}Y#HUXºR
  264. 264. NVEZBDDIB°­µLBTBE®°BDDIBWJZBOOBTBEZBÁ]
  265. 265. %FW².­I­UNZBNPage 53 of 150 e@:@MÆLTL@DBLHG2SCS(UHB` QS­´­ONVNPDBNBIJ¹BTUBEBU²WBDJUSB© J$I(15XSDHGJ—HOS@-SJCY1MDM LBJSK²WZBUFIJLVQJU­OUBLBEBS°BOFOB]]]] CDHUeR(COQL@ÃUS(ÃU@X EFWJQSBT²EBQBSBN­CIBWBU²CIBW­ZB R @DHUM@YXHRJ@DOUS(J—K@HM
  266. 266. TBEZPWJO­°BZBTJLPQBWBU²LVM­OJ] HU@SLDSCWTM$UXC2SLDSÂ WJK¸­UBNFUBEBEIVOBJWBZBEBTUBNFUB- º(SAKRTHUOTKLHG@RTQ2X OO²UB©CBMB©TVWJQVMB©NBIJ¹­TVSBTZB]]]] SDR,LS@IMOCDTWM@HMSD@ UFTBNNBU­KBOBQBEF¹VEIBO­OJUF¹­© SD@XY@HRMBR(CHSA-WTUF1
  267. 267. UF¹­©ZB°­©TJOBDBT²EBUJCBOEIVWBSHBÁ] W-X@2SUHMÃS@3LIÃ3XC@Q@ EIBOZ­TUBFWBOJCI®U­UNBKBCI®UZBE­S­ XD@RC@XTCXC@ÃUS(eRº@ ZF¹­©TBE­CIZVEBZBE­CIBWBU²QSBTBOO­]]]]
  268. 268. %FW².­I­UNZBNPage 54 of 150 W,X@1H:CDHURJK@HMRC$UJL@1 EIBSNZ­BÖJEFWJTBLBM­OJTBEBJWBLBSN­- ZX3X@}SeHSHCMRTJ•S(JQ@DHS
  269. 269. ´ZBUZ­E®UBÁQSBUJEJOB©TVL®U²LBSPUJ] 2UF’eX@HSBSS@DÃUS(eR@C@ TWBSHB©QSBZ­UJDBUBUPCIBWBU²QSBT­E­- ¢@DJ`XDHO KC@MMTCDHUSDM MMPLBUSBZFQJQIBMBE­OBOVEFWJUFOB]]]] ¯FD12LS@GQHRÃ(HSLYDI-S@D EVSHFTN®U­IBSBTJCI²UJNB°F¹BKBOUPÁ 2U2V$2LS@LHSLS(UYTÃ@CC@HR
  270. 270. TWBTUIBJÁTN®U­NBUJNBU²WB°VCI­©EBE­TJ] C@HQ›¯NÃXG@HQH:J@3UC-X@ E­SJESZBEVÁLIBCIBZBI­SJ´JL­UWBEBOZ­ RU@D1OJ@QJQ:@XRC@¸1HB^@ TBSWPQBL­SBLBSB´­ZBTBE­SESBIJUU­]]]] HÃG1S$I1F¯O$HSRTNSV$SD FCIJSIBUBJSKBHBEVQBJUJTVLIB©UBUIBJUF J—U1-STM@LMQJ@XHBQ@XO@OLÆ
  271. 271. LVSWBOUVO­NBOBSBL­ZBDJS­ZBQ­QBN]
  272. 272. %FW².­I­UNZBNPage 55 of 150 R@LL3XTLHWF,XHCUeX@-ST TBµHS­NBN®UZVNBEIJHBNZBEJWB©QSBZ­OUV L3UDHSM4MLHGS@H-UHMGHRCDHU NBUWFUJOÄOBNBIJU­OWJOJIB©TJEFWJ]]]] }PU$UHJMÃUS(eJQ@DHSÃ2L E®¹¾WBJWBLJ©OBCIBWBU²QSBLBSPUJCIBTNB RU@1RTQ@MHQTXSÆeHG:@DHYvLÆ
  273. 273. TBSW­TVS­OBSJ¹VZBUQSBIJ´P¹J°BTUSBN] K@DJ@-eX@-STHQOU@DHOHGYvO4S@ MPL­OQSBZ­OUVSJQBWPQJIJ°BTUSBQÄU­ Å3VLHSÃ1UHSSDUHGSDTR@7U( JUUIB©NBUJSCIBWBUJUF¹WBIJUF¹VT­EIW²]]]] NEFeÃ@HMJQHU2 —Q:$2SV@D$ LIBºHBQSBCI­OJLBSBWJTQIVSB´BJTUBUIPHSBJÁ Y4K@J@H-SHMUGDM}Y@DRTQ@:@LÆ
  274. 274. °ÄM­HSBL­OUJOJWBIFOBE®°PTVS­´­N] Xº@FS@HUKXLYTLHC-¯NZEÂ ZBOO­HBU­WJMBZBNB©°VNBEJOEVLIB´ºB- X@DX@MMSUHUK@DJXS@SCDSSÆ ZPHZ­OBOB©UBWBWJMPLBZBU­©UBEFUBU]]]]
  275. 275. %FW².­I­UNZBNPage 56 of 150 ¯U1^U^YLMSUCDHUY(K EVSW®UUBW®UUB°BNBOB©UBWBEFWJ°²MB© mOSV$SCHUHB-3XLST+XL-X$
  276. 276. SÄQB©UBUIBJUBEBWJDJOUZBNBUVMZBNBOZBJÁ] U(X’BG-SzSCDUOQ@ÖL@:@ W²SZB©DBIBOU®I®UBEFWBQBS­LSBN­´­© U$HQUHOeJHPS$UCX@3UXD3VLÆ WBJSJ¹WBQJQSBLB¾JUBJWBEBZ­UWBZFUUIBN]]]] JDM@DOL@ÃUSTSD2XOQ@ÖL2X LFOPQBN­CIBWBUVUFTZBQBS­LSBNBTZB mOBY`TÃXJ@X1HSG@HQJ—`
  277. 277. SÄQB©DB°BUSVCIBZBL­SZBUJI­SJLVUSB] HB^DJ•O@RLQHMtTQS@B}u@ DJUUFL®Q­TBNBSBOJ¹¾IVSBU­DBE®¹¾­ 3U8XDUCDHUUQCDÃTUM`XDHO UWBZZFWBEFWJWBSBEFCIVWBOBUSBZFQJ]]]] `$K@D*XLDSCHNKHQOTM@YMDM USBJMPLZBNFUBEBLIJMB©SJQVO­°BOFOB `@S3UX@RLQL4W1HMSDHOG3U@
  278. 278. US­UB©UWBZ­TBNBSBNÄSEIBOJUFQJIBUW­]
  279. 279. %FW².­I­UNZBNPage 57 of 150 M(S@HCUHQOTF:@ÃXL/XO@2SLÆ O²U­EJWB©SJQVHB´­CIBZBNBQZBQ­TUBN 2L@JLT-LCRTQ@HQÃUML2SD BTN­LBNVONBEBTVS­SJCIBWB©OBNBTUF]]]] Y4KDMO@HGM@DCDHUO@HGNEFDMB@H,AJD
  280. 280. °ÄMFOBQ­IJOPEFWJQ­IJLIBºHFOBD­NCJLF] ÇZP@2UMDMMO@HGB@O)X@HM2UMDMB HIB´¾­TWBOFOBOBÁQ­IJD­QBKZ­OJÁTWBOFOBDB]]]] e@X@QeS(X@BBHZEJDQCH:D
  281. 281. QS­DZ­©SBL¹BQSBU²DZ­©DBDB´ºJLFSBL¹BEBL¹J´F] @L:DM@3LY4K2X^Q2X@SVDsHQ CIS­NB´FO­UNB°ÄMBTZBVUUBSBTZ­©UBUIF°WBSJ]]]] R@$,X@HMX@HMmO@H:`$K@D*XDHUBQH-SSD
  282. 282. TBVNZ­OJZ­OJSÄQ­´JUSBJMPLZFWJDBSBOUJUF] X@HMB@3X-SÇ@DQ@H:S$Q@2L@2SV@ÃTULÆ Z­OJD­UZBOUBHIPS­´JUBJSBL¹­TN­©TUBUI­CIVWBN]]]] NEFY4KFC@C(HMX@HMB@v@HMSDH,AJD
  283. 283. LIBºHB°ÄMBHBE­E²OJZ­OJD­TUS­OJUFNCJLF] JQO¢URØ(HMS$Q2L@MÆQRU1S LBSBQBMMBWBTBµH²OJUBJSBTN­OSBL¹BTBSWBUBÁ]]]]
  284. 284. %FW².­I­UNZBNPage 58 of 150 ;HkU@B ®¹JSVW­DB]]]] U2STS@RTQ$HC15X$J—RTL$M1-CM@DaU$
  285. 285. FWB©TUVU­TVSBJSEJWZBJÁLVTVNBJSOBOEBOPECIBWBJÁ] HB1S@IFS@W@`(SV@F-W@MTKDOM$ BSDJU­KBHBU­©EI­US²UBUI­HBOEI­OVMFQBOBJÁ]]]] ÅX@RL2S$HvCY$HC15X$W41O$RTW4HOS@
  286. 286. CIBLUZ­TBNBTUBJTUSJEB°BJSEJWZBJSEIÄQBJÁTVEIÄQJU­] e@GeR@CRTLTN(RL2S@MÆe:S@MÆRTQ@MÆ QS­IBQSBT­EBTVNVLI²TBNBTU­OQSB´BU­OTVS­O]]]] CD5XTU@B EFWZVW­DB]]]] HpXS@H`CY@RUD1XC2L^@DHÃU@H°#SLÆ WSJZBU­©USJEB°­ÁTBSWFZBEBTNBUUPCIJW­¸DIJUBN]]]] CDU@=BT EFW­ÄDVÁ]]]] ÃFU3X@J•SRU’MHJHBCUHYXSD CIBHBWBUZ­L®UB©TBSWB©OBLJ¸DJEBWB°J¹ZBUF]]]]
  287. 287. %FW².­I­UNZBNPage 59 of 150 XCXHMGSY`TQ2L@JLHG@RTQ
  288. 288. ZBEBZB©OJIBUBÁ°BUSVSBTN­LB©NBIJ¹­TVSBÁ] XHCB@HOUQ@DCDX23UX@2L@JLGDsHQ ZBEJD­QJWBSPEFZBTUWBZ­TN­LB©NBIF°WBSJ]]]] R2LS@R2LS@3UM@DHGRDV@OQL@OC
  289. 289. TB©TN®U­TB©TN®U­UWB©OPIJ©TFUI­ÁQBSBN­QBEBÁ] XoL3X12SU$QDHÃ23U@2S@DX3XLK@MMD ZB°DBNBSUZB]ÁTUBWBJSFCIJTUW­©TUP¹ZBUZBNBM­OBOF]]]] S2XHU^Hµ1HUÃU$W1MC@Q@HCR,OC@LÆ
  290. 290. UBTZBWJUUBSEEIJ]WJCIBWBJSEIBOBE­S­EJTBNQBE­N] UµXD2L3eRº@3UÃUDV@RU1C@H,AJD W®EEIBZFTNBUQSBTBOO­UWB©CIBWFUI­ÁTBSWBE­NCJLF]]]] ;HkU@B ®¹JSVW­DB]]]] ÅHSeR@HCS@CDU$I1FS@DVD1SV@3LM
  291. 291. JUJQSBT­EJU­EFWBJSKBHBUPSUIFUBUI­UNBOBÁ] SVD3XT…U@øJ@K(AÃ4U@-SHG1S@MO UBUIFUZVLUW­CIBESBL­M²CBCIÄW­OUBSIJU­O®QB]]]]
  292. 292. %FW².­I­UNZBNPage 60 of 150 Å3XDS3JHVSÃ4OR,Ã4S@R@XV@OTQ@
  293. 293. JUZFUBULBUIJUB©CIÄQBTBNCIÄU­T­ZBUI­QVS­] CDU(CDUYQ(QDX@DIF3`XHGS$H:( EFW²EFWB°BS²SFCIZPKBHBUUSBZBIJUBJ¹J´²]]]] OTMoF@$Q(CDG@3R@RLTa”S@XV@ÃUSÆ
  294. 294. QVOB°DBHBVS²EFI­UT­TBNVECIÄU­ZBUI­CIBWBU] UW@X¯uC$3X@M@SV@YT,ÃHMYT,ÃX@D WBEI­ZBEV¹¾BEBJUZ­O­©UBUI­°VNCIBOJ°VNCIBZPÁ]]]] Q:@XBK@DJ@M@CDU@M@LTOJ@HQ:(
  295. 295. SBL¹B´­ZBDBMPL­O­©EFW­O­NVQBL­SJ´²] S#:TULX@.X@SXV@U3JVX@HLSD UBDDI®´V¹WBNBZ­LIZ­UB©ZBUI­WBULBUIBZ­NJUF]]]]
  296. 296. ¥(Ÿ?
  297. 297. ]IS²NPN] 2UH2Sr(L@J1ZEDXOTQ@:DR@UH:1JDL-U-SQD ]]TWBTUJ°S²N­SLB´ºFZBQVS­´FT­WBS´JLFNBOWBOUBSF CDU(L@G@3,XDYÖ@HC2STHSM@1L EFW²N­I­UNZF°BLS­EJTUVUJSO­NB BSTV@D17X@X DBUVSUIPEIZ­ZBÁ]]]]
  298. 298. %FW².­I­UNZBNPage 61 of 150 O®L@D7X@X QB¸DBNPEIZ­ZBÁ HUHMX@DF WJOJZPHBÁ 2Xr(^QBHQ`2Xk¸;H
  299. 299. r(LG@RQ2US( BTZB°S²VUUBSBDBSJUSBTZBSVESB®¹JÁ]°S²NBI­TBSBTWBU² CDUS@
  300. 300. MTuTOÆ#-C
  301. 301. Ã(L@YHÄ
  302. 302. @LQ( EFWBU­]BOV¹¾VQDIBOEBÁ]CI²N­°BLUJÁ]CIS­NBS² A(ILÆ
  303. 303. R4X12S_ULÆ
  304. 304. R@LUDC2UmOLÆ
  305. 305. C²KBN]TÄSZBTUBUUWBN]T­NBWFEBÁTWBSÄQBN] r(LG@RQ2US(e(3XVD1^QBHQ`O@0DHUHMX@DF
  306. 306. °S²NBI­TBSBTWBU²QS²UZBSUIFVUUBSBDBSJUSBQ­¾IFWJOJZPHBÁ]
  307. 307. 7X@MLÆ
  308. 308. ]EIZ­OBN] ÇZP@Y4KGK@HMYœLTRKDBÖWMTR@XJ HIB´¾­°ÄMBIBM­OJ°BµLIBNVTBMFDBLSB©EIBOVÁT­ZBLB©
  309. 309. %FW².­I­UNZBNPage 62 of 150 G2S@f$C1WS(ŸÇM@-SHUKR#(S@YTST+XeÃ@LÆ
  310. 310. IBTU­CKBJSEBEIBU²©HIBO­OUBWJMBTBDDI²U­©°VUVMZBQSBCI­N] F@$Q(CDGRLTaU@H`IFS@L@W@QÃ4S@LG@ HBVS²EFIBTBNVECIBW­©USJKBHBU­N­EI­SBCIÄU­©NBI­- O4U@1L`RQ2US(LMTÃIDYT,Ã@HCC$3X@HC1M(LÆ QÄSW­NBUSBTBSBTWBU²NBOVCIBKF°VNCI­EJEBJUZ­SEJO²N]] ?“(Ÿ;HkU@B PNLM²N®¹JSVW­DB]]]] OTQ@YT,ÃHMYT,Ã@X@LRTQ@X@YB(OSD
  311. 311. QVS­°VNCIBOJ°VNCI­CIZ­NBTVS­CIZ­©°BD²QBUFÁ] `$K@D*XXÃ@F@ozS@LCAK@rX@SÆ USBJMPLZB©ZBK¸BCI­H­°DBI®U­NBEBCBM­°SBZ­U]]]] S@UDUR4X1S@SbCHWJ@QSV$-CULÆ
  312. 312. U­WFWBTÄSZBU­©UBEWBEBEIJL­SB©UBUIBJOEBWBN] J@$ADQLVX@,XBBÖ@SDUk:2XB LBVCFSBNBUIBZ­NZB©DBDBLS­UFWBSV´BTZBDB]]]] S@UDUOUMHµ’BBÖSTU1H{JL1B
  313. 313. U­WFWBQBWBOBSEEIJ©DBDBLSBUVSWBIOJLBSNBDB] SS@DCDU@HUHMW41S@uQ@)X@OQ@HIS@ UBUPEFW­WJOJSEIÄU­CISB¹¾BS­KZ­ÁQBS­KJU­Á]]]]
  314. 314. %FW².­I­UNZBNPage 63 of 150 zS@HWJ@Q@HvCY@2S@X@RUD1HMQ@J•S@
  315. 315. I®U­EIJL­S­TUSJEB°­TU­CIZ­©TBSWFOJS­L®U­Á] LG@RTQ@X@S@CDU(ŸR2LQ-3XOQ@HIS@LÆ NBI­TVS­CIZ­©U­©EFW²©TB©TNBSBOUZBQBS­KJU­N]]]] SX@2L@JUQ@DC^@DXV@O3RT2LS@HNK@
  316. 316. UBZ­TN­LB©WBSPEBUUPZBUI­QBUTVTN®U­LIJM­Á] ÃUS@M@YHXX@HLS3:@3OQL@OC CIBWBU­©O­°BZJ¹Z­NJUBUL¹B´­UQBSBN­QBEBÁ]]]] ÅHSJ•3U@LHSCDU@HGLU-SMFDsQLÆ
  317. 317. JUJL®UW­NBUJ©EFW­IJNBWBOUB©OBHF°WBSBN] ILT2S`SS@DCDU(ŸHU:TL@X@eSTuTUT KBHNVTUBUSBUBUPEFW²©WJ¹´VN­Z­©QSBUV¹¾VWVÁ]]]] CDU@=BT EFW­ÄDVÁ]]]] ML@DCD5X$LG@CD5X$HYU@X$RSSML
  318. 318. OBNPEFWZBJNBI­EFWZBJ°JW­ZBJTBUBUB©OBNBÁ] MLeJ•3X$ø@X$HMXS@e:S@2LS@LÆ OBNBÁQSBL®UZBJCIBES­ZBJOJZBU­ÁQSB´BU­ÁTNBU­N]]]]
  319. 319. %FW².­I­UNZBNPage 64 of 150 Q@$¸@X$ML@DHM3X@X$F@$X$1W@²X$ML@DML
  320. 320. SBVES­ZBJOBNPOJUZ­ZBJHBVSZBJEI­USZBJOBNPOBNBÁ] )X@D3x@X$BD-¯mHOZX$RTN@X$RSSML KZPUTO­ZBJDFOEVSÄQJ´ZBJTVLI­ZBJTBUBUB©OBNBÁ]]]] J+X@ZX$e:S@Uµ$HRµ$J—L@D1ML@DML
  321. 321. LBMZ­´ZBJQSB´BU­W®EEIZBJTJEEIZBJLVSNPOBNPOBNBÁ] M$;13X$Ã4ÃS@Ky,X$YU@1ZX$SDML@DML OBJS®UZBJCIÄCI®U­©MBL¹NZBJ°BSW­´ZBJUFOBNPOBNBÁ]]]] ¯F@1X$¯F1O@Q@X$R@Q@X$RU1J@HQZX$
  322. 322. EVSH­ZBJEVSHBQ­S­ZBJT­S­ZBJTBSWBL­SJ´ZBJ] .X@3X$SV$UJ•:@X$W4l@X$RSSML LIZ­UZBJUBUIBJWBL®¹´­ZBJEIÄNS­ZBJTBUBUB©OBNBÁ]]]] HSR@$,X@HSQ@$¸@X$MS@2S2X$ML@DML
  323. 323. BUJTBVNZ­UJSBVES­ZBJOBU­TUBTZBJOBNPOBNBÁ] ML@DIF3eHSt@X$CD5X$J•3X$ML@DML OBNPKBHBUQSBUJ¹¾I­ZBJEFWZBJL®UZBJOBNPOBNBÁ]]]] X@CDU(RU1Ã4SDTHU:TL@XDHSYH!CS@
  324. 324. Z­EFW²TBSWBCIÄUF¹VWJ¹´VN­ZFUJ°BCEJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]]
  325. 325. %FW².­I­UNZBNPage 65 of 150 X@CDU(RU1Ã4SDTBDSMD3XHÃW(XSD
  326. 326. Z­EFW²TBSWBCIÄUF¹VDFUBOFUZBCIJEI²ZBUF] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTATHµmOD:RH2VS@
  327. 327. Z­EFW²TBSWBCIÄUF¹VCVEEIJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTHM¸@mOD:RH2VS@
  328. 328. Z­EFW²TBSWBCIÄUF¹VOJES­SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTTW@mOD:RH2VS@
  329. 329. Z­EFW²TBSWBCIÄUF¹VL¹VEI­SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDT#@X@mOD:RH2VS@
  330. 330. Z­EFW²TBSWBCIÄUF¹VDI­Z­SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]]
  331. 331. %FW².­I­UNZBNPage 66 of 150 X@CDU(RU1Ã4SDTYHÄmOD:RH2VS@
  332. 332. Z­EFW²TBSWBCIÄUF¹V°BLUJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTS:@mOD:RH2VS@
  333. 333. Z­EFW²TBSWBCIÄUF¹VU®¹´­SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDT@H-SmOD:RH2VS@
  334. 334. Z­EFW²TBSWBCIÄUF¹VL¹­OUJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTI@HSmOD:RH2VS@
  335. 335. Z­EFW²TBSWBCIÄUF¹VK­UJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTKÙ@mOD:RH2VS@
  336. 336. Z­EFW²TBSWBCIÄUF¹VMBKK­SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]]
  337. 337. %FW².­I­UNZBNPage 67 of 150 X@CDU(RU1Ã4SDTY@H-SmOD:RH2VS@
  338. 338. Z­EFW²TBSWBCIÄUF¹V°­OUJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTrµ@mOD:RH2VS@
  339. 339. Z­EFW²TBSWBCIÄUF¹V°SBEEI­SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTJ@H-SmOD:RH2VS@
  340. 340. Z­EFW²TBSWBCIÄUF¹VL­OUJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTKyL(mOD:RH2VS@
  341. 341. Z­EFW²TBSWBCIÄUF¹VMBL¹N²SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTUH^mOD:RH2VS@
  342. 342. Z­EFW²TBSWBCIÄUF¹VW®UUJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]]
  343. 343. %FW².­I­UNZBNPage 68 of 150 X@CDU(RU1Ã4SDT2LHSmOD:RH2VS@
  344. 344. Z­EFW²TBSWBCIÄUF¹VTN®UJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTCX@mOD:RH2VS@
  345. 345. Z­EFW²TBSWBCIÄUF¹VEBZ­SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTSTHumOD:RH2VS@
  346. 346. Z­EFW²TBSWBCIÄUF¹VUV¹¾JSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDTL@SmOD:RH2VS@
  347. 347. Z­EFW²TBSWBCIÄUF¹VN­U®SÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML  OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] X@CDU(RU1Ã4SDT@H-SmOD:RH2VS@
  348. 348. Z­EFW²TBSWBCIÄUF¹VCIS­OUJSÄQF´BTB©TUIJU­] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]]
  349. 349. %FW².­I­UNZBNPage 69 of 150 ÅH-¸X@:@LHWt@`(Ã4S@M@B@HNKDTX@
  350. 350. JOESJZ­´­NBEIJ¹¾I­US²CIÄU­O­©D­LIJMF¹VZ­] Ã4SDTRSSS2X$5X@ÑX$CD5X$ML@DML CIÄUF¹VTBUBUB©UBTZBJWZ­QUZBJEFWZBJOBNPOBNBÁ]]]] HBHSmOD:X@J•3xLDSC5X@/XH2VS@IFSÆ
  351. 351. DJUJSÄQF´BZ­L®UTOBNFUBEWZ­QZBTUIJU­KBHBU] ML2S2X$ML2S2X$ML2S2X$ML@DML Â OBNBTUBTZBJOBNBTUBTZBJOBNBTUBTZBJOBNPOBNBÁ]]-]] 2STS@RTQ$O4U1LÃ(uRrX@Â TUVU­TVSBJÁQÄSWBNBCI²¹¾BTB©°SBZ­- ^V@RTQD-¸D:HCMDTRDHUS@
  352. 352. UUBUI­TVSFOESF´BEJOF¹VTFWJU­] JQ@DSTR@MYTÃGDSTQ(sQ( LBSPUVT­OBÁ°VCIBIFUVS²°WBS² YTÃ@HMø@ZXHÃG-STB@OC °VCI­OJCIBES­´ZBCIJIBOUVD­QBEBÁ]]]] X@R@,eSB@DµSC$3XS@HOS$ Z­T­NQSBUB©DPEEIBUBEBJUZBU­QJUBJ- Q2L@HÃQ(Y@BRTQ$M1L2XSD
  353. 353. SBTN­CIJS²°­DBTVSBJSOBNBTZBUF]
  354. 354. %FW².­I­UNZBNPage 70 of 150 X@B2LS@S3:LDUGH-SM Z­DBTN®U­UBUL¹B´BNFWBIBOUJOBÁ RU@1OC@DÃHÄHUMlL4HS1HÃ TBSW­QBEPCIBLUJWJOBNSBNÄSUJCIJÁ]]]] ;HkU@B ®¹JSVW­DB]]]] U2SU@HÃXTÄ@M@CDU@M@S`O@U1S(
  355. 355. FWB©TUBW­CIJZVLU­O­©EFW­O­©UBUSBQ­SWBU²] x@STLX@XX@$S@DXDI@{5X@MOM-CM TO­UVNBCIZ­ZBZBVUPZFK­IOBWZ­O®QBOBOEBOB]]]] R@gU(^@MÆRTQ@MÆRT4Ã1UHa2S4XSD`J@
  356. 356. T­CSBW²UU­OTVS­OTVCISÄSCIBWBECIJÁTUÄZBUFUSBL­] YQ(QJ@DYSo@2X@RLTa”S@gU(H#U@ °BS²SBLP°BUB°D­TZ­ÁTBNVECIÄU­CSBW²DDIJW­]]]] 2S@D`LL$SH3ÖXSDYT,ÃC$3XHMQ@J•S$
  357. 357. TUPUSB©NBNBJUBULSJZBUF°VNCIBEBJUZBOJS­L®UBJÁ] CDU$RLDS$RLQDHMYT,ÃDMOQ@HIS$ EFWBJÁTBNFUBJÁTBNBSFOJ°VNCIFOBQBS­KJUBJÁ]]]]
  358. 358. %FW².­I­UNZBNPage 71 of 150 YQ(QJ@DY@ ^2X@O@U13X@HMRS@H,AJ@
  359. 359. °BS²SBLP°­EZBUUBTZ­ÁQ­SWBUZ­OJÁT®U­NCJL­] J@$HYJ(HSRL2SDTSS@DK@DJDTF(XSD LBV°JL²UJTBNBTUF¹VUBUPMPLF¹VH²ZBUF]]]] S2X@HUHMF1S@X@STJ•:@Ã43R@HOO@U1S(
  360. 360. UBTZ­©WJOJSHBU­Z­©UVL®¹´­CIÄUT­QJQ­SWBU²] J@HKJDHSRL@.X@S@HGL@BKJ•S@rX@ L­MJLFUJTBN­LIZ­U­IJN­DBMBL®U­°SBZ­]]]] SS@DH,AJ@OQmOHA@:@RTLM@DGQLÆ
  361. 361. UBUPNCJL­©QBSB©SÄQB©CJCIS­´­©TVNBOPIBSBN] CCY1BZE@DLTZEoÃ3X@$YT,ÃHMYT,ÃX@D EBEBS°BDB´ºPNV´ºB°DBCI®UZBV°VNCIBOJ°VNCIBZPÁ]]]] S@X@YT,Ã@XB@.X@S@R@S(URTLM@DGQ@
  362. 362. U­CIZ­©°VNCI­ZBD­LIZ­U­T­U²WBTVNBOPIBS­] J@/X@2SDv(LG@Q@IÃ@RX-S(HGL@BKLÆ L­QZ­TUFTUS²NBI­S­KBCI­TBZBOU²IJN­DBMBN]]]] M$US@}J*UHB¸”O}uJDMHB¯^LLÆ
  363. 363. OBJWBU­E®LLWBDJESÄQB©E®¹¾B©LFOBDJEVUUBNBN] @XS@J@/XR@$CDU(FÐS@B@RTQDsQ K¸­ZBU­©L­QZBTBVEFW²H®IZBU­©D­TVSF°WBSB]]]]
  364. 364. %FW².­I­UNZBNPage 72 of 150 v(Q‰LHSB@U1Ø( @DSX-S(HCYH23U@
  365. 365. TUS²SBUOBNBUJD­SWBµH²EZPUBZBOU²EJ°BTUWJ¹­] R@STHStHSC$3XD-¸S@ÃU@MƸuTLG1HS T­UVUJ¹¾IBUJEBJUZFOESBU­©CIBW­OESB¹¾VNBSIBUJ]]]] X@HMQ‰@HML:X@DFI@s@C(HMU$eÃ@D
  366. 366. Z­OJSBUO­OJNB´BZPHBK­°W­E²OJWBJQSBCIP] `$K@D*XDSTRL2S@HMR@,eSÃ@H-SSDFGD USBJMPLZFUVTBNBTU­OJT­NQSBUB©CI­OUJUFH®IF]]]] DQ@USRL@M(S@DFIQ‰OTQ-CQ@SÆ
  367. 367. BJS­WBUBÁTBN­O²UPHBKBSBUOB©QVSBOEBS­U] O@HQI@SSko@XSV$U@D×$rU@GX Q­SJK­UBUBSV°D­ZB©UBUIBJWPDDBJÁ°SBW­IBZBÁ]]]] HUL@MGRRXTÄLDSH^tHSSDØ:D
  368. 368. WJN­OB©IB©TBTB©ZVLUBNFUBUUJ¹¾IBUJUFµHB´F] Q‰Ã4SHLG@M(SXC@R(bDWR@Da«SLÆ SBUOBCIÄUBNJI­O²UB©ZBE­T²EWFEIBTPECIVUBN]]]] HMHWQDLG@O¹RL@M(S@DWMDsQ@SÆ
  369. 369. OJEIJSF¹BNBI­QBENBÁTBN­O²UPEIBOF°WBS­U] HJšH+JM(ŸCC@$B@H!WL@1K@L,K@MO–I@LÆ LJ¸KBMLJO²©EBEBVD­CEIJSN­M­NBNM­OBQBµLBK­N]]]]
  370. 370. %FW².­I­UNZBNPage 73 of 150 #`SDU@k:FDGDJ@®Mw@HUHStHS
  371. 371. DIBUSB©UFW­SV´B©HFIFL­¸DBOBTS­WJUJ¹¾IBUJ] SV@X2X-CMUQ@DXOTQ@R(3eI@OSD UBUI­ZB©TZBOEBOBWBSPZBÁQVS­T²UQSBK­QBUFÁ]]]] L3X@Dk3Ö@H-SC@M@LYHÄQ(Y3UX@zS@
  372. 372. N®UZPSVULS­OUJE­O­NB°BLUJS²°BUWBZ­I®U­] O@YRHKKQ@I2X@ST2SUOHQGD Q­°BÁTBMJMBS­KBTZBCIS­UVTUBWBQBSJHSBIF]]]] HMYT,Ã2X@H!WI@S@oRL2S@Q‰I@SX
  373. 373. OJ°VNCIBTZ­CEIJK­U­°DBTBNBTU­SBUOBK­UBZBÁ] UH{QHOCC@$STXLHƒY@$BDBU@RR( WBIOJSBQJEBEBVUVCIZBNBHOJ°BVDFDBW­TBT²]]]] UC$3XD-¸Q‰@HMRL2S@-X@zS@HMSD
  374. 374. FWB©EBJUZFOESBSBUO­OJTBNBTU­OZ­I®U­OJUF] v(Q‰LD@J+X@:(3UX@J2L@ºFÐSD TUS²SBUOBNF¹­LBMZ­´²UWBZ­LBTN­OOBH®IZBUF]]]]
  375. 375. %FW².­I­UNZBNPage 74 of 150 ;HkU@B ®¹JSVW­DB]]]] HMY,XDHSUBYT,ÃRSC@BZELTZEX@D
  376. 376. OJ°BNZFUJWBDBÁ°VNCIBÁTBUBE­DB´ºBNV´ºBZPÁ] eDX@L@RRT(U±SCD5X@LG@RTQLÆ QSF¹BZ­N­TBTVHS²WB©EÄUB©EFWZ­NBI­TVSBN]]]] ÅHSBDHSBUÄ5X@R@F3U@UBM@-LL
  377. 377. JUJDFUJDBWBLUBWZ­T­HBUW­WBDBO­ONBNB] XV@B@XDHSR,e(3X@SV@J@X’3UX@KÇT ZBUI­D­CIZFUJTBNQS²UZ­UBUI­L­SZB©UWBZ­MBHIV]]]] RS`F3U@X`@2SDY$K@D´DYDHSY@DÃMD
  378. 378. TBUBUSBHBUW­ZBUS­TUF°BJMPEEF°FUJ°PCIBOF] S@BCDU(ŸSSe@GÎy:LWTQX@HFQ@ U­©DBEFW²©UBUBÁQS­IB°MBL¹´B©NBEIVSBZ­HJS­]]]] ±SU@B EÄUBVW­DB]]]] CDHUC$3XDsQYT,Ãv$K@D*XDOQLDsQ
  379. 379. EFWJEBJUZF°WBSBÁ°VNCIBTUSBJMPLZFQBSBNF°WBSBÁ] ±S@DGeDHS2SDM3U3RJ@YHLG@FS EÄUPIB©QSF¹JUBTUFOBUWBUTBL­°BNJI­HBUBÁ]]]]
  380. 380. %FW².­I­UNZBNPage 75 of 150 5X@GS@RU@1RTXRC@CDUX@DHMT
  381. 381. BWZ­IBU­K¸BÁTBSW­TVZBÁTBE­EFWBZPOJ¹V] HMHI1S@HNKC$3X@HQRXC@GY:TUSSÆ OJSKJU­LIJMBEBJUZ­SJÁTBZBE­IB°®´V¹WBUBU]]]] LL`$K@D*XLHNKLLCDU@UY@MTF@
  382. 382. NBNBUSBJMPLZBNBLIJMB©NBNBEFW­WB°­OVH­Á] XÃ@F@MGRU@1MTO@q@HLOVJOVJ ZBK¸BCI­H­OBIB©TBSW­OVQ­°O­NJQ®UIBLQ®UIBL]]]] `$K@D*XDUQQ‰@HMLLU9X@-XYDS
  383. 383. USBJMPLZFWBSBSBUO­OJNBNBWB°Z­OZB°F¹BUBÁ] SV$UFIQ‰BzSCDUD-¸U@GMLÆ UBUIBJWBHBKBSBUOB©DBI®UB©EFWFOESBW­IBOBN]]]] (Q@DCLVM@Da”SLsQ‰LL@LQ$
  384. 384. L¹²SPEBNBUIBOPECIÄUBNB°WBSBUOB©NBN­NBSBJÁ] ×$rURRS3eH:O3XRLHO1SLÆ VDDBJÁ°SBWBTBTB¸K¸B©UBUQSB´JQBUZBTBNBSQJUBN]]]] X@HMB@-X@HMCDUDTF-WUD14QFDTB
  385. 385. Z­OJD­OZ­OJEFWF¹VHBOEIBSWF¹ÄSBHF¹VDB] Q‰Ã4S@HMÃ4S@HMS@HML8XDUY@DÃMD SBUOBCIÄU­OJCIÄU­OJU­OJNBZZFWB°PCIBOF]]]]
  386. 386. %FW².­I­UNZBNPage 76 of 150 v(Q‰Ã4S@3U@CDHUK@DJDL-X@LGDUXLÆ
  387. 387. TUS²SBUOBCIÄU­©UW­©EFWJMPLFNBOZ­NBIFWBZBN] R@3UL2L@MTO@F#XS@DQ‰ÃTI@DUXLÆ T­UWBNBTN­OVQ­HBDDIBZBUPSBUOBCIVKPWBZBN]]]] L@U@LL@MTIU@HOHMYT,ÃLTkHUÖLLÆ
  388. 388. N­©W­NBN­OVKB©W­QJOJ°VNCIBNVSVWJLSBNBN] ÃI3UB®K@O@HØQ‰Ã4S@HRU$XS CIBKBUWB©DB¸DBM­Q­µHJSBUOBCIÄU­TJWBJZBUBÁ]]]] OQL$sX1LSTKe@/2XRDL3OHQG@SÆ
  389. 389. QBSBNBJ°WBSZBNBUVMB©QS­QTZBTFNBUQBSJHSBI­U] S·«µ@RL@K@DXL3OHQGS@pI FUBECVEEIZ­TBN­MPDZBNBUQBSJHSBIBU­©WSBKB]]]] ;HkU@B ®¹JSVW­DB]]]] Å3XTÄ@R@SC@CDU(F,Ã(Q@-SH2LS@IF@$
  390. 390. JUZVLU­T­UBE­EFW²HBNCI²S­OUBÁTNJU­KBHBV] ¯F@1ÃFUS(ø@XXDCW@X1SDIFSÆ EVSH­CIBHBWBU²CIBES­ZBZFEB©EI­SZBUFKBHBU]]]]
  391. 391. %FW².­I­UNZBNPage 77 of 150 CD5XTU@B EFWZVW­DB]]]] R3XLTÄ3UX@M@`HL6X@HJHB_UX@DHCSLÆ
  392. 392. TBUZBNVLUB©UWBZ­O­USBNJUIZ­LJ¸DJUUWBZPEJUBN] `$K@D*X@HWOHSYT,Ã@DHMYT,Ão@HOS@}Y USBJMPLZ­EIJQBUJÁ°VNCIPOJ°VNCIB°D­QJU­E®°BÁ]]]] HJ3U`X3eHS@SHL6X@SH3ÖXSDJVLÆ
  393. 393. LJ©UWBUSBZBUQSBUJK¸­UB©NJUIZ­UBULSJZBUFLBUIBN] r4XS@L+OATHµ3U@3eHS@X@J•S@OTQ@ °SÄZBU­NBMQBCVEEIJUW­UQSBUJK¸­Z­L®U­QVS­]]]] X@DL@IXHSR@LDX@DLDCO’5XO@DGHS
  394. 394. ZPN­©KBZBUJTBµHS­NFZPNFEBSQB©WZBQPIBUJ] X@DLDeHSAK@DK@DJDRLDÃS@1ÃHUXHS ZPNFQSBUJCBMPMPLFTBNFCIBSU­CIBWJ¹ZBUJ]]]] SC@F#STYT,Ã@D`HMYT,Ã@DU@LG@AK
  395. 395. UBE­HBDDIBUV°VNCIPUSBOJ°VNCIPW­NBI­CBMBÁ] L@HI3U@HJHBQD:@`O@H:F¦@STLDKÇT N­©KJUW­LJ©DJSF´­USBQ­´J©H®I´­UVNFMBHIV]]]]
  396. 396. %FW².­I­UNZBNPage 78 of 150 ±SU@B EÄUBVW­DB]]]] UHKÏ@HRL$U3UCDHUg4HGLL@S
  397. 397. BWBMJQU­TJNBJWB©UWB©EFWJCSÄIJNBN­HSBUBÁ] `$K@D*XDJOTL@H2StDCDYT,ÃHMYT,ÃX@D USBJMPLZFLBÁQVN­©TUJ¹¾IFEBHSF°VNCIBOJ°VNCIBZPÁ]]]] -XD@LHOC$3X@M@RUD1CDU@MU$XTHW
  398. 398. BOZF¹­NBQJEBJUZ­O­©TBSWFEFW­OBWBJZVEIJ] HStH-SR,LTNDCDHUHJOTMv(3ULDHJJ@ UJ¹¾IBOUJTBNNVLIFEFWJLJ©QVOBÁTUS²UWBNFLJL­]]]] Å-¸@ @RJK@CDU@2S2VTXD1@MRXTFD
  399. 399. JOES­EZ­ÁTBLBM­EFW­TUBTUIVSZF¹­©OBTB©ZVHF] YT,Ã@C(M@JVSD@v(eX@2XHRR,LTNLÆ °VNCI­E²O­©LBUIB©UF¹­©TUS²QSBZ­TZBTJTBNNVLIBN]]]] R@3UF#LX$U@DÄ@O@s’YT,ÃHMYT,ÃX@D
  400. 400. T­UWB©HBDDIBNBZBJWPLU­Q­S°WB©°VNCIBOJ°VNCIBZPÁ] JDY@J1:HMW41SF@$QU@L@FHLXHR LF°­LBS¹B´BOJSEIÄUBHBVSBW­N­HBNJ¹ZBTJ]]]]
  401. 401. %FW².­I­UNZBNPage 79 of 150 CD5XTU@B EFWZVW­DB]]]] ULDSCAK(YT,Ã@DHMYT,Ão@HOS@}Y
  402. 402. FWBNFUBECBM²°VNCIPOJ°VNCIB°D­QJU­E®°BÁ] HJJQ@DHLeHS@LDXCM@K@DHBS@OTQ@ LJ©LBSPNJQSBUJK¸­NFZBEBO­MPDJU­QVS­]]]] R3UF#LX@DÄSDXCDS3RU1L@}S
  403. 403. TBUWB©HBDDIBNBZPLUB©UFZBEFUBUTBSWBN­E®UBÁ] SC@ByU@RTQD-¸@XRBXTÄJQ@DSTXSÆ UBE­DBL¹W­TVSFOES­ZBTBDBZVLUB©LBSPUVZBU]]]] 2UH2Sr(L@J1ZEDXOTQ@:DR@UH:1JDL-U-SQD ]]TWBTUJ°S²N­SLB´ºFZBQVS­´FT­WBS´JLFNBOWBOUBSF CDU(L@G@3,XDCD5X@±SRU@C@DM@L EFW²N­I­UNZFEFWZ­EÄUBTB©W­EPO­NB O®L@D7X@X QB¸DBNPEIZ­ZBÁ]]]]
  404. 404. %FW².­I­UNZBNPage 80 of 150 t@D7X@X ¹B¹¾IPEIZ­ZBÁ ?;HkU@B PN®¹JSVW­DB]]]] Å3X@JZX1UB@DCD5X@R±S@DL1O4HQS
  405. 405. JUZ­LBS´ZBWBDPEFWZ­ÁTBEÄUPNBS¹BQÄSJUBÁ] RL@BuRL@F,XC$3XQ@I@XHU2SQ@SÆ TBN­DB¹¾BTBN­HBNZBEBJUZBS­K­ZBWJTUBS­U]]]] S2X±S2XSb@*XL@JZX@1RTQQ@PSS
  406. 406. UBTZBEÄUBTZBUBEW­LZBN­LBS´Z­TVSBS­¾UBUBÁ] RÖ@DWe@GC$3X@M@LHWOW4lK@DBMLÆ TBLSPEIBÁQS­IBEBJUZ­O­NBEIJQB©EIÄNSBMPDBOBN]]]] GDW4lK@DBM@YT3U2UR$-XOHQU@HQS
  407. 407. IFEIÄNSBMPDBO­°VUWB©TWBTBJOZBQBSJW­SJUBÁ] S@L@MXAK@´«u@JDY@J1:HUÒK@LÆ U­N­OBZBCBM­EEV¹¾­©LF°­LBS¹B´BWJIWBM­N]]]]
  408. 408. %FW².­I­UNZBNPage 81 of 150 S3OHQ`@:CJHo HCU@DH^tSDOQ
  409. 409. UBUQBSJUS­´BEBÁLB°DJEZBEJWPUUJ¹¾IBUFQBSBÁ] RG-S5X@DLQ@DU@HOX@DF-WU1UU@ TBIBOUBWZPNBSPW­QJZBL¹PHBOEIBSWBFWBW­]]]] ;HkU@B ®¹JSVW­DB]]]] SDM@Ï2SSY(ŽRC$3X@DW4lK@DBM
  410. 410. UFO­K¸BQUBTUBUBÁ°²HISB©TBEBJUZPEIÄNSBMPDBOBÁ] USu@RGw@:@LRTQ@:@¸«SXX@$ W®UBÁ¹B¹¾Z­TBIBTS­´­NBTVS­´­©ESVUB©ZBZBV]]]] R}PU@S@SS@DCDU(ŸSTHGM@BKRH2VS@LÆ
  411. 411. TBE®¹¾W­U­©UBUPEFW²©UVIJO­DBMBTB©TUIJU­N] IF@C@D×$eX@G(HSL4KYT,ÃHMYT,ÃX@D KBH­EPDDBJÁQSBZ­I²UJNÄMB©°VNCIBOJ°VNCIBZPÁ]]]] MBD3e(3X@ ÃUS(LaS@1QLTO$XHS
  412. 412. OBDFUQS²UZ­EZBCIBWBU²NBECIBSU­SBNVQBJ¹ZBUJ] SS@DAK@ºX@,XDJDY@J1:HUÒK@LÆ UBUPCBM­OOBZ­NZF¹BLF°­LBS¹B´BWJIWBM­N]]]]
  413. 413. %FW².­I­UNZBNPage 82 of 150 CD5XTU@B EFWZVW­DB]]]] C$3XDsQD:eHGS@DAKU@-AKRUS
  414. 414. EBJUZF°WBSF´BQSBIJUPCBMBW­OCBMBTB©W®UBÁ] AK@ºXHRL@LDUSSHJSDJQ@D,XGLÆ CBM­OOBZBTJN­NFWB©UBUBÁLJ©UFLBSPNZBIBN]]]] ;HkU@B ®¹JSVW­DB]]]] Å3XTÄR@DXW@U^@LRTQ@DW4lK@DBM
  415. 415. JUZVLUBÁTPCIZBEI­WBUU­NBTVSPEIÄNSBMPDBOBÁ] ¤J@QD:$USÃ2LR@BJ@Q@H,AJ@SC@ IVµL­SF´BJWBUB©CIBTNBT­DBL­S­NCJL­UBE­]]]] V֗µLG@R$-XLRTQ@:@SV@H,AJ@
  416. 416. BUIBLSVEEIB©NBI­TBJOZBNBTVS­´­©UBUI­NCJL­] UU1R@XJ$2S(y:$2SV@YHÄOQsW$ WBWBS¹BT­ZBLBJTU²L¹´BJTUBUI­°BLUJQBSB°WBEIBJÁ]]]] SS@DWTSRPJ@DO@3J•3U@M@CRTÃ$QULÆ
  417. 417. UBUPEIVUBTB¾BÁLPQ­UL®UW­O­EB©TVCIBJSBWBN] OO@S@RTQRDM@X@HRG@DCD5X@2UU@GM QBQ­U­TVSBTFO­Z­©TJ©IPEFWZ­ÁTWBW­IBOBÁ]]]]
  418. 418. %FW².­I­UNZBNPage 83 of 150 J@Ho3JQeG@QD:C$3X@M@2XDMB@OQ@MÆ
  419. 419. L­©°DJULBSBQSBI­SF´BEBJUZ­O­TZFOBD­QBS­O] @Ö@-3X@B@WQD:@-X@MÆIÇ@MRLG@RTQ@MÆ ­LS­OUZ­D­EIBSF´­OZ­OKBHI­OBTBNBI­TVS­O]]]] JD@HB3O@PX@L@RMN$J@Dt@HMJDRQ(
  420. 420. LF¹­¸DJUQ­¾BZ­N­TBOBLIBJÁLP¹¾I­OJLFTBS²] SV@SKeG@QD:HYQ@HRJ•SU@-OVJ UBUI­UBMBQSBI­SF´B°JS­©TJL®UBW­OQ®UIBL]]]] HUH#ºA@¤HYQRJ•S@2SDMSV@OQD
  421. 421. WJDDIJOOBC­IV°JSBTBÁL®U­TUFOBUBUI­QBSF] OO@$BkHWQJ@Dt@C-XD@WTSJDRQ QBQBVDBSVEIJSB©LP¹¾I­EBOZF¹­©EIVUBLFTBSBÁ]]]] :DMS·KRU’XM(SLG@3LM@
  422. 422. L¹B´FOBUBECBMB©TBSWB©L¹BZB©O²UB©NBI­UNBO­] SDMJDRHQ:@CD5X@U@GMDM@HSJ@DHOM@ UFOBLFTBSJ´­EFWZ­W­IBOFO­UJLPQJO­]]]] rT3U@SLRTQCD5X@HMGSW4lK@DBMLÆ
  423. 423. °SVUW­UBNBTVSB©EFWZ­OJIBUB©EIÄNSBMPDBOBN] AKBHXSJ•3xCDU(JDRHQ:@SS CBMB©DBL¹BZJUB©L®UTOB©EFW²LFTBSJ´­UBUBÁ]]]]
  424. 424. %FW².­I­UNZBNPage 84 of 150 BTJ@DOC$3X@HWOHSYT,Ãe2 —HQS@WQ
  425. 425. DVLPQBEBJUZ­EIJQBUJÁ°VNCIBÁQSBTQIVSJU­EIBSBÁ] @@OX@L@RBS@$BZELTZE@$LG@RTQ@$ ­K¸­QBZ­N­TBDBUBVDB´ºBNV´ºBVNBI­TVSBV]]]] GDBZEGDLTZEAK$A1¤HÃOHQU@HQS@$
  426. 426. IFDB´ºBIFNV´ºBCBMBJSCBIVCIJÁQBSJW­SJUBV] S`F#SF3U@BR@RL@M(XS@KÇT UBUSBHBDDIBUBHBUW­DBT­TBN­O²ZBU­©MBHIV]]]] JDYDU@J•XAC7U@U@XHCURYX@DXTHW
  427. 427. LF°F¹W­L®¹ZBCBEEIW­W­ZBEJWBÁTB©°BZPZVEIJ] SC@YD@XTW$RU$1QRTQ$HU1HMG-XS@LÆ UBE­°F¹­ZVEIBJÁTBSWBJSBTVSBJSWJOJIBOZBU­N]]]] S2X@GS@X@¯u@X@HRGDBHUHMO@HSSD
  428. 428. UBTZ­©IBU­Z­©EV¹¾­Z­©TJ©IFDBWJOJQ­UJUF] Y(ŽL@F,XS@AC7U@FG(3U@S@LV@H,AJ@LÆ °²HISBN­HBNZBU­©CBEEIW­H®I²UW­U­NBUI­NCJL­N]]]]
  429. 429. %FW².­I­UNZBNPage 85 of 150 2UH2Sr(L@J1ZEDXOTQ@:DR@UH:1JDL-U-SQD ]]TWBTUJ°S²N­SLB´ºFZBQVS­´FT­WBS´JLFNBOWBOUBSF CDU(L@G@3,XDYT,ÃHMYT,ÃRDM@M(W4lK@DBMUW@D EFW²N­I­UNZF°VNCIBOJ°VNCIBTFO­O²EIÄNSBMPDBOBWBEIP M@Lt@D7X@X O­NB¹B¹¾IPEIZ­ZBÁ]]]]
  430. 430. %FW².­I­UNZBNPage 86 of 150 RÏL@D7X@X TBQUBNPEIZ­ZBÁ ?;HkU@B PN®¹JSVW­DB]]]] @Ï@2SDSS@DC$3X@oZELTZEOTQ@DFL@
  431. 431. ­K¸BQU­TUFUBUPEBJUZ­°DB´ºBNV´ºBQVSPHBN­Á] BSTQØAK@DODS@XXTQXT S@XTW@ DBUVSBµHBCBMPQFU­ZBZVSBCIZVEZBU­ZVEI­Á]]]] C}YT2SDSS@DCDU(L(µ@R@5XUH2VS@LÆ
  432. 432. EBE®°VTUFUBUPEFW²N²¹BEEI­T­©WZBWBTUIJU­N] HRG2X@DOHQY$KD-¸YØDLGHSJ@®MD TJ©IBTZPQBSJ°BJMFOESB°®µHFNBIBUJL­¸DBOF]]]] SD}PU@S@RL@C@STLT LB֗k S@
  433. 433. UFE®¹¾W­U­©TBN­E­UVNVEZBNB©DBLSVSVEZBU­Á] @J•uB@O@HRWQ@2SV@-XDS3RL(OF@ ­L®¹¾BD­Q­TJEIBS­TUBUI­OZFUBUTBN²QBH­Á]]]]
  434. 434. %FW².­I­UNZBNPage 87 of 150 SSJ@DOBJ@Q@D×$QH,AJ@S@MQ(-eHS
  435. 435. UBUBÁLPQB©DBL­SPDDBJSBNCJL­U­OBS²OQSBUJ] J@DODMB@2X@UCML(U:1LÃ4^C@ LPQFOBD­TZ­WBEBOB©NB¹²WBS´BNBCIÄUUBE­]]]] TJ—P(J—HPK@^2X@KK@P KJ@´«SLÆ
  436. 436. CISVLV¾²LV¾JM­UUBTZ­MBM­¾BQIBMBL­EESVUBN] J@K(JQ@KUCM@HUHMÖ@-S@HRO@HYM( L­M²LBS­MBWBEBO­WJOJ¹LS­OU­TJQ­°JO²]]]] HUHB`NPU@ØWQ@MQL@K@HUÃ4:@
  437. 437. WJDJUSBLIB¾W­µHBEIBS­OBSBN­M­WJCIĹB´­] b(HOBL1OQ(W@M@YTJL@R@HSÃ$QU@ EW²QJDBSNBQBS²EI­O­°V¹LBN­©T­UJCIBJSBW­]]]] HSHU2S@QUCM@HIÒ@KKMÃ(:@
  438. 438. BUJWJTU­SBWBEBO­KJIW­MBMBOBCI²¹B´­] HMLƒ@QÄMXM@M@C@O4HQSHCLTN@ OJNBHO­SBLUBOBZBO­O­E­QÄSJUBEJµNVLI­]]]] R@UDFDM@HÃOHSS@Ç@SX-S(LG@RTQ@MÆ
  439. 439. T­WFHFO­CIJQBUJU­HI­UBZBOU²NBI­TVS­O] R$-XDS`RTQ@Q(:@LÃXSS·KLÆ TBJOZFUBUSBTVS­S²´­NBCIBL¹BZBUBUBECBMBN]]]]
  440. 440. %FW².­I­UNZBNPage 88 of 150 O@H:1@G@–«Y@GX@DWÇZP@RLH-US@MÆ
  441. 441. Q­S¹´JHS­I­µLV°BHS­IBZPEIBHIB´¾­TBNBOWJU­O] RL@C@X$JG2SDMLTNDHBDOU@Q:@MÆ TBN­E­ZBJLBIBTUFOBNVLIFDJL¹FQBW­SB´­O]]]] SV$UX@DWSTQF$QVR@QHVM@RG
  442. 442. UBUIBJWBZPEIB©UVSBHBJSBUIB©T­SBUIJO­TBIB] HMH/XU‹DCYM$oU1X-3XHSÃ$QULÆ OJL¹JQZBWBLUSFEB°BOBJ°DBSWBZBOUZBUJCIBJSBWBN]]]] JI@GJDYDT(U@X@LVB@OQLÆ
  443. 443. FLB©KBHS­IBLF°F¹VHS²W­Z­NBUIBD­QBSBN] O@CDM@Ö,XB$U@-XLTQR@-XLO@DVXSÆ Q­EFO­LSBNZBDBJW­OZBNVSBT­OZBNBQPUIBZBU]]]] S$LT1Ä@HMBYv@H:LG@v@H:SV@RTQ$
  444. 444. UBJSNVLU­OJDB°BTUS­´JNBI­TUS­´JUBUI­TVSBJÁ] LTNDMI@Gk@CYM$L1HVS@-XHO NVLIFOBKBHS­IBSV¹­EB°BOBJSNBUIJU­OZBQJ]]]] AHKM@S·KRU1LRTQ@:@¯Q@3LM@LÆ
  445. 445. CBMJO­©UBECBMB©TBSWBNBTVS­´­©EVS­UNBO­N] LLC@1ÃX×@-X@M-X@o@S@EX^C@ NBNBSE­CIBL¹BZBDD­OZ­OBOZ­©°D­U­ºBZBUUBE­]]]]
  446. 446. %FW².­I­UNZBNPage 89 of 150 HRM@HMGS@JDHB3JDHB3NPU@ØS@HES@
  447. 447. BTJO­OJIBU­ÁLFDJULFDJULIB¾W­µHBU­ºJU­Á] ILTHU1M@YLRTQ@C-S@@HÃGS@2SV@ KBHNVSWJO­°BNBTVS­EBOU­HS­CIJIBU­TUBUI­]]]] :DMS·KRU1LRTQ@:@HMO@HSSLÆ
  448. 448. L¹B´FOBUBECBMB©TBSWBNBTVS­´­©OJQ­UJUBN] }PU@BZE@DHï¸@US@J@K(LHSÃ(:@LÆ E®¹¾W­DB´ºPCIJEVES­WBU­©L­M²NBUJCI²¹B´­N]]]] YQU$1L1G@Ã(L$Ã(1L@(ŸS@LG@RTQ
  449. 449. °BSBWBS¹BJSNBI­CI²NBJSCI²N­L¹²©U­©NBI­TVSBÁ] #@CX@L@RBÖ$oLTZEHÏ$RGwY DI­EBZ­N­TBDBLSBJ°DBNV´ºBÁL¹JQUBJÁTBIBTSB°BÁ]]]] S@HMBÖ@ZXMDJ@HMHUYL@M@HMS-LTNLÆ
  450. 450. U­OJDBLS­´ZBOFL­OJWJ°BN­O­OJUBONVLIBN] AÃTX1V@J1HA,A@HMRTAHMÇM@DCQLÆ CBCIVSZBUI­SLBCJNC­OJTVCBIÄOJHIBOPEBSBN]]]] SS@DIG@R@HSk@Ã(LÃ$QUM@HCM(
  451. 451. UBUPKBI­T­UJSV¹­CI²NB©CIBJSBWBO­EJO²] J@K(JQ@KUCM@¯C1Y1CYM@D))UK@ L­M²LBS­MBWBEBO­EVSEBS°BEB°BOPKKWBM­]]]]
  452. 452. %FW².­I­UNZBNPage 90 of 150 3V@XBLG@HRGCDU(BZELW@US
  453. 453. VUUI­ZBDBNBI­TJ©IB©EFW²DB´ºBNBEI­WBUB] FG(3U@B@2XJDYDTHYQ2SDM@HRM@H#MSÆ H®I²UW­D­TZBLF°F¹V°JSBTUFO­TJO­DDIJOBU]]]] VLTZE@DXW@U^@}PU@BZEHMO@HSSLÆ
  454. 454. BUIBNV´ºPCIZBEI­WBUU­©E®¹¾W­DB´ºB©OJQ­UJUBN] SL/XO@SXa”L@$R@NEF@HÃGSk@ UBNBQZBQ­UBZBECIÄNBVT­LIBºH­CIJIBUB©SV¹­]]]] GSYDSSR$-X}PU@BZEHMO@HSSLÆ
  455. 455. IBUB°F¹B©UBUBÁTBJOZB©E®¹¾W­DB´ºB©OJQ­UJUBN] LTZEBRTLG@U(X’HCY@DÃDIDÃX@STQLÆ NV´ºB©DBTVNBI­W²SZB©EJ°PCIFKFCIBZ­UVSBN]]]] HYQoZE2XJ@K(BFG(3U@LTZELDUB
  456. 456. °JSB°DB´ºBTZBL­M²DBH®I²UW­NV´ºBNFWBDB] e@GeBZE@¡G@RHLrLXD3XBHZEJ@LÆ QS­IBQSBDB´º­¾¾BI­TBNJ°SBNBCIZFUZBDB´ºJL­N]]]] LX@SU@`@DOzS@$BZELTZE@$LG@OY4
  457. 457. NBZ­UBW­USPQBI®UBVDB´ºBNV´ºBVNBI­QB°Ä] XTµXD2UXYT,ÃHMYT,ÃBGHMXHR ZVEEIBZBK¸FTWBZB©°VNCIB©OJ°VNCIB©DBIBOJ¹ZBTJ]]]]
  458. 458. %FW².­I­UNZBNPage 91 of 150 ;HkU@B ®¹JSVW­DB]]]] S@U@M(S@$SS@D}PU@BZELTZE@$LG@RTQ@$
  459. 459. U­W­O²UBVUBUPE®¹¾W­DB´ºBNV´ºBVNBI­TVSBV] U@BJ@K(ŸJ+X@:(KHKSBHZEJ@UB VW­DBL­M²©LBMZ­´²MBMJUB©DB´ºJL­WBDBÁ]]]] X2L@×ZEBLTZEBFG(3U@3ULTO@FS@

×