• Keine Ergebnisse gefunden

 ABACBDE AC ABACF  B AF BAAADEFBEBAC F  AABBAAB ABCDEF F

N/A
N/A
Protected

Academic year: 2022

Aktie " ABACBDE AC ABACF  B AF BAAADEFBEBAC F  AABBAAB ABCDEF F"

Copied!
89
0
0

Wird geladen.... (Jetzt Volltext ansehen)

Volltext

(1)

1234567489ABAC42B54DE9AC9ABAC4 F742B548A6F6742B5463A3A727A64 D7EF4746547456B4E736B446A674

5674 C29!4F7465A"AB4 5674#BA$673A!466B3%274

4

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&4 1

1 1 1

2345467891A5B1CDEF89F4678915F9D6A78A595116FDC35FF14F11 669EC99B19D378911

DE36 8D6789453478!94F1A5B1"F495F95#AD49B95894F1 14591D9FDE6C9!F4$91FAB4915781%&1'E5F9511

1 1 1 1 1 1

'B 227 94(4A3367 AEB4

"27479 B2B45634ECE77 5634 5674) B65A"AB4

4 4

5674

65A"ABA36B4 C29!4 5674#BA$673A!466B3%274

4 4 4 4 4 4

$E76964$EB4

*29A B4+4,A67EB-234 4

4 4 4 ./0/4

4

4

(2)

4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4

6C B144 4 44444444444D7EF474+67B 75426%674 4

04+67A673 671444444444444D7EF47474E736B446A674 4

.4+67A673 67144 4D7EF474A 694+674

4

45674B59A6B4D7F2B144034./004 4

4

4

(3)

1123456789ABCADE43D81

11 23456789ABCA2D4328EFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE1

1 A236A273EFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE1

F11 566AA23A8ECEA3756A3E2653757A3E 1

F1 2112 21 !1

FF1 2"#"1 !1

F!1 "1 $1

F%1 2 "1 &1

F$1 2'('2)1 *1

F1 D42BB28D4AE58A7AE 1

FF1 222 +1222 "2",-112"2 ) 1 .1

FFF1 21 1

FF!1 - 2/10,1 F1

FF%1 22"2 1 !1

FF$1 22,21 &1

F1 2653757B74A728D4AE3CA7AEABECEBAA38BE 11 F!1 )""2111,"11 *1 F!F1 ,",(11,"11 *1

F1 58E587B5E2653757E 11

F%1 "1 21

F%F1 2 "1 .1

F%!1 ("1 F31

F%%1 2"1(2,1 F1

F1 BAD566E3E35D48BAE 11

F$1 )""2 12221 FF1

1 C2A68A7C3EABE872AEFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE1

1 57AB256E3EA74AEFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE1

F11 872A3A823E 1

F1 62328D4AE37AB8D43E 1

%F1 ,2",121 F%1

%FF1 211/"1 F%1

(4)

23456789ABCADE43D81 1

1

%F!1 2"2 11401121 F%1

%F%1 2)21215'2617281 F%1

%F$1 ""'("'2617"(281 F$1

%F&1 "2 1 F$1

%F*1 / ,"21/ 1)2621 "1 F$1

%F21 22-1"," 2"2)17"81 F$1

%F.1 1 F&1

%F31 2 2",1 1"122-1 ,2/"1 F&1

%F1 ,2",1/" 1 F*1

%FF1 2"111 F*1

%F!1 2"11 F21

%F%1 /" 12)1 F21

%F$1 ,2",1 22 1 F21

F1 8 A729AE572A37A3A!B53E 1

F1 57A3A375723E3E875728728D4AE58"AB73E 1 F1 AB!68B27AB2A3E!#BEA38856AE2653757AE 1

1 ABA3288AEFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE11

F11 62328D4AE37AB8D43E 11

$1 2 2/1 !1

$F1 ,2",121 !F1

$!1 ",,/21 !F1

$%1 2112"2121 !%1

$$1 9,"(1 122 "1,1 !$1

$&1 2"2 1121 !$1

$*1 2#1 !&1

$21 22122",1,21 !*1

$.1 '2,1 !21

$31 1):12122 1 !.1

$1 2 1 !.1

$F1 ,2",1/" 1(21(,"(21 %31

$!1 2)21215'2617281 %1

$%1 ""'("'2617"(281 %1

$$1 "2 1 %F1

$&1 / ,"21/ 1)2621 "1 %F1

$*1 22-1",'" 2"2)17"81 %F1

(5)

23456789ABCADE43D81 F1

1 F

$21 1 %%1

$.1 2 2",1 1"122-1 ,2/"1 %%1

F1 9AB"A265AB5356$8AE35D4E5653%A2ABE 1

$F1 ,2",1/" 1 %&1

$FF1 ()"2"1 %&1

$F!1 /" 12)1 %*1

$F%1 ,2",1 22 1 %21

$F$1 /211 ,21 $31

F1 572A37A3A!B53E 1

$!1 "(92/1(21"1211,"1"1 $F1

F1 2653757AB!6EA&'EAB!68B27AB2A3E 1

F1 875728728D4AE5356$8AE 1

(1 288823EFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE(11

1 8D4688!6AB3EFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE11

1 C85A3!5883FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE11

1 53453EFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE1

F11 62328D4ABE37AB8D438A3E3E!B5AA3E 1

1)1 627AB57BEFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFE)1

E E E E E E E E E E E E

(6)

23456789ABCADE43D81 !1

1 !

E E

11 2*+,-./0123145+*4/E 1 A4*-14.6*7E

F11 5--71814*1/E36E91*.,-1*E28:-,*.,.1*E F1F11 A*.;45<-6*7E912E28:-,*.=-=741E

5E41 B;A<3D88A31 =AB1 D37A38D9A31 B>3=65;A3?@B8E4>3;1 A>B=A1 =DA1 C543BBC76DE4A1 2CD6537@6@;DA1 .2F1 9@31 =AB1 A>78E4A31 A8A668E45?71 ?EB1 1543'+1 >3='1 >3=1 DA?AB4AD64>3=A1 7181 53ABF53371 DA81 =@F>CA37DAB7A1 =DA1 CA=DCD3D8E4A1

@7AA3=D;FAD71 >3=1 =A31 /@B7AD61 ;A;A3E<AB1 AD3AB1 F6588D8E4A31 DB@74A7D8E4A31 /AB8@B;>3;1<AD1C53E4A3123=DF57D@3A317AAD5E5ED+1A>;A<5>AB1A71561F33&81 DA115461=AB1D31A>78E4653=1;A8A7C7A312CD653757A1ABE4871DCCAB13@E41AAD7AB153G1

>B=A31DC1954B1F3313@E41F3333312CD653757A1DC1954B1;A8A7C7+18@1A5BA31A81F33*1

<ABAD781 .$33331 9A=@E41 A5BA31 =5<AD1 3>B1 A7A51 $H1 =AB1 DB@74A7D8E4A31 A>9AB8@B;>3;A31 D31 A>78E4653=1 DCD653757;A87E7C7+1 A581 AD31 AAD7ABA81 5E487>C8D@7A37D5619ABC>7A316B8871

F1F1 28:-,*.,./>/.181E

>?1 =AB1 237AB357D@356A31 A37561 "E45>1 72"81 A5BA31 F33*1 E<AB1 F31 2CD6537578I87ACA15>8;A87A667175E5ED1F33*81

D3A1 CJ;6DE4A1 D37AD6>3;1 <DA7A31 1 >3=1 1 7@AEF1 53=1 5;3AB1 F33%81 75<81 ,DAB35E41 F5331 =581 2CD6537571 ;B>3=8B7C6DE41 @??A31 7F@B@356AB1 AD61

=A812CD653757A81DAB?@BDAB71=DA1"E46ADC45>71C>B1>3=4J46A81@=AB1;A8E46@88A3+1568@1

>37AB1 AD3AB1 D375F7A31 DD74A6=AEFA+1 AD34AD6A3+1 A581 AD3A31 )BAD6A;>3;8AD3;BD??1 AB?@B=AB71(ADC1AD3D458D;A3+1568@1@??A3A31D34AD6C@=>81ADB=1AAD7AB1>37AB8E4DA=A31 D31 DBDCBBA1 (A6587>3;1 >3=1 A376587A7A1 D34AD6>3;1 1 ,A>7A1 ADB=1 =DA1 A3@8856A1 88A@D37A;B57D@31 7=DBAF7A1 3@E4A35365;AB>3;81 35E41 (1 53;A87BA<71 7(B53AC5BF1 .2!81 A<A3=A81 3@E4A3;AAA<A1 C>881 =5<AD1 CD71 =AB1 <A6587A7A31 2CD653757@<AB?6BE4A1@43A1=5CAD8E4A36DA;A3=A81(D3=A;AAA<A1D31@375F7187A4A31(AD1

=A312CD653757C57ABD56DA31F5331;B>3=8B7C6DE41CAD8E4A31CA7566D8E4+1FAB5CD8E41>3=1 AD3A1 D8E4>3;1 =AB1 <AD=A31 >37AB8E4DA=A31 AAB=A31 >?;B>3=1 =AB1 ;>7A31 53;CAD7AB;A<3D88A1 D871 D7531 =581 57ABD561 =AB1 AB87A31 546+1 A@<AD1 9AB8E4DA=A3A1 <AB?6BE4A3C@=D?DF57D@3A31=DA1D;A38E45?7A319ABB3=AB317)>;5CC@77@+1>6<B538A31 A71561..!K1@5EF+1D66AB1A71561...K18D@8D7@+1B>8@9D31A71561F33$81 @=AB3A1

(7)

D36AD7>3;1 %1

1 %

2CD653757A1 AAD8A31 4A>7C>75;A1 AD3A31 CAAD7AD6D;A31 B@757D@388ICCA7BD8E4A3+1 CI6D3=BD8E4A31 @=AB1 F@3D8E4A31 B>3=FJBDAB1 5>?+1 A@<AD1 =DA1 D588;A35>A1 5;AB5>?<ABAD7>3;1CD71B@7DABA3=A312387B>CA37A31;A8E4DA471)EB1=DA12CD6537576B3;A1 8D3=1 =5<AD1 LA1 35E41 23=DF57D@31 CD3=A87A381 &'21 CC1 >3=1 C5MDC561 &'21 CC1 ACD?@46A3+1 A@<AD1 =AB1 >BE4CA88AB1 <AD1 CD3DC561 !CC1 >3=1 <AD1 8DACDA66A31 23=DF57D@3A31 7"@?@B7DCD653757D@381 <D81 C5MDC561 $'*+$1 CC1 6DA;A31 8@667A1 75;3AB1 53=1 61 59581 F33%81 DA1 ADBF>3;89@6687A1 5FB@BA7A37D@31 C>B1 AAB4B6AD87>3;1 AD3AB1 BDCBB875<D6D7B71 87A66A31 =5<AD1

"E4B5><A3AD3=>3;A31 =5B1 7(A43AFA1 53=1 (A43AFA1 F33%81 M7A38D@38?JBCD;A1 2CD653757A1 7C(1(6577DCD653757AK18DA4A1<<181;AB57A31=53F1 C@=AB3AB1 >;CA3757D@389AB?54BA31 >3=1 AA;A31

=AB1 4@4A31 MD653757D@38C@B<D=D7B71 DC1 A>B@DBD8E4A315>C1=A>76DE41D31=A31,D37AB;B>3=1 1

1 1

5??FE 1@E -,..48:-,*.,.E ,6/E 74.,*E A2,-.2=*45/BCE 14*%E 6*9E 3;14:+,/47E 14*+14-?,2E

E 56/@E!,2?,.-,*.1*E912EC,+*819434*@E28:-,*.=-=741DE1E 1

AB1 2CD653757D@38CAD7D>3F71 F5331 5681 "@?@B7DCD653757D@3+1 9ABCJ;AB7A1

"@?@B7DCD653757D@31 >3=1 "DB7DCD653757D@31 ;A453=45<71 AAB=A31 (AD1 =AB1

"@?@B7DCD653757D@31AB?@6;71=581D3<BD3;A31=DBAF71D31=DA1?BD8E4A1M7B5F7D@38569A@6A+1 A@<AD1 4DAB1 =AB1 69A@65B?@B7857C1 @?71 875<D6D8DAB71 AAB=A31 F5331 DA1 9ABCJ;AB7A1

"@?@B7DCD653757D@31AB?@6;71F'!1@357A135E41=AB1 M7B5F7D@31D31=DA1F3JE4AB313@E41 3DE471 5>8;A4AD67A1 69A@6A1 "DB7DCD653757D@31 <A=A>7A71 =DA1 238AB7D@31 35E41 &'F1

@357A3+1 AA331 =DA1 69A@6A1 3DE471 CA4B1 35E4AAD8<5B1 D871 757CAF1 53=1 5D6574'

@F@B3I1F33381AB1DB@74A7D8E4A31/AB8@B;>3;18@661AAD7AB1>37A31CA4B1(A5E47>3;1

;A8E4A3F71 AAB=A31 B>3=8B7C6DE41 F5331 5<AB1 CAD8E4A31 BAD31 2CD653757;A7B5;A3A31

@387B>F7D@3A3+1 ,I<BD=F@387B>F7D@3A31 >3=1 "7E7CD?AD6AB1 ?EB1 AEFDB@74A8A31

>37AB8E4DA=A31 AAB=A31 5<AD1 87AD;A31 =DA1 B874A7D8E4A31 38DBEE4A1 >3=1 A81 AAB=A31 4B>?D;AB1FAB5CD8E4A1ABF87@??A19ABAA3=A71

1 1

(8)

D36AD7>3;1 $1

1 $

1915<6*7E '@??A3A12CD653757A1

';A8E46@88A3A12CD653757A1 6,71E91/E28:-,*.,.1/E 'D37B5C>FJ81

'8><DABD@87561 'A3@88561

28:-,*.,.8,.124,-E 'A756617D753N5375681 'AB5CDF17F3!+,81 '@C<D357D@3A31

28:-,*.,.E=28E 'D?@87A3?JBCD;17"E4B5><A+11I6D3=AB81 'M7A38D@317(6B77AB+1D8F81

28:-,*.,.314.:6*<.E '"@?@B7DCD653757D@311

7>3CD77A6<5B1@=AB19ABCJ;AB781 '1"DB7DCD6537571

A4*+14-6*7/8=96/E 'AD3D458D;17AD37AD6D;1<A6587A7+1CAAD7AD6D;1 A376587A781

'CAADD458D;178><;D3;D95681

2=.+1.4<%=*31:.1E 'BAD31DCD653757;A7B5;A3A1/AB8@B;>3;1 '/AB<>3=F@387B>F7D@3A31

'AEFDB@74A8A31 E

7,?FE1@E28:-,*.,.14*.14-6*7E*,5+EADE6*9E"53ABDE))E

1

F1F1 ,<2=/.6<.62E

581AAD3=A145718DE41<AD1C@=AB3A312CD653757A31=>BE4;A8A7C7+1=51A813A<A31AD3AB1 /AB<A88AB>3;1 =AB1 BDCBB875<D6D7B71 =5C>1 <AD7BB;7+1 =DA1 BA657D9A1 <AB?6BE4A1 C>1 9AB;BJ0AB31 7(>E48+1 A9D3A1 A71 561 F3381 "D533>3;8@D7D8E4A1 /AB;6ADE48>37AB8>E4>3;A31 531 =A31 9AB8E4DA=A3A31 2CD6537578I87ACA31 45<A31 C>1 FAD3AB1 566;ACAD31 5FCAD7DAB7A31 AAD3=A?@BC1 ;A?E4B7+1 =51 =DA1 D3=D9D=>A66A31 3@E4A3<A8E45??A34AD7A31 F5>C1 8DC>6DAB71 AAB=A31 FJ33A31 DA1 537A31 =AB1

"E4B5><A3;AAD3=A1AAB=A315<AB1@?71C>B1/ABCAD=>3;19@31B>EF8DD7CA315<;AB>3=A71 75;3AB153=16159581F33%811

(9)

D36AD7>3;1 &1

1 &

1 5??FE @E 56/;,+-E 8=912*12E 28:-,*.,.1@E A0FE 6FE *FE BFBE !24,-4.E A1*./:->BDE

D,8-=7E A5-.,.15BDE 8.124//E B1:-,51E 81-15.E A3=?1-E 4=5,21BDE 272E A8.2,68,**BDE5/.2,EA5/.2,E715+BDE5*<>-=/EA1*./:->BDE2,*18,2<E A3=?1-%4=5,21BDE //1=.4.1E A4BDE 8:-4*1E AC48812BDE D=8:21//DE ,2,7=*DE818,9=/EA17=BE

E

56/@E2,F4/E912EC,+*+14-<6*91@E28:-,*.=-=741DE))E 1

F1F1 4<2=/.26<.62E

)BE4ABA12CD653757A14577A31AD3A1C58E4D3DAB7A1 <AB?6BE4A1CD71;ABD3;AB15>4AD71>3=1

=@E41 D3=DF57D@38<AC@;A31 ;>7A1 53;CAD7AB;A<3D88A1 7D3=O>D87+1 5B688@31 A71 561 ..&812C1DAB9AB8>E41AAD8A31B5>A12CD653757@<AB?6BE4A314J4ABA1<C>;8FBB?7A1=AB1 2CD653757A15>?+1=41A81CE88A314J4ABA1BA4C@CA37AAB7A1C>B12CD653757A37?AB3>3;1 5>?;A<B5E471AAB=A317A<A+1(5B<@71A71561..*K1A33AB<AB;+1F7A885<D1A71561..*K1

"4565<D+1@B7AC5FAB1A71561F33&81D3A1=AB1AA3D;A314D87@6@;D8E4A31,>C5387>=DA31 9@31 2"21 7BD8D+1 5@1 A71 561 ...81 AB;5<1 4D87@C@BD4@CA7BD8E41 AD3A1 8E43A66ABA1 3@E4A35DD@8D7D@31 531 B5>A31 2CD653757A31 1 DA1 A755356I8A1 9@31 ,1 7@E4B531...81;D<715>E41AD3A318D;3D?DF53714J4ABA312CD653757AB?@6;1<AD1F6D3D8E4A31 37AB8>E4>3;A31 531 5<AD1 F5331 DBD3CDDDA661 CAD8E4A31 5<657D9A31 >3=1 5==D7D9A31 /AB?54BA31 C>B1 ,AB87A66>3;1 =AB1 <AB?6BE4A31 >37AB8E4DA=A31 AAB=A31 D776ABA1 <D81 875BFA1 5>4AD71 ADB=1 =>BE41 5<657D9A1 /AB?54BA31 ABBADE47+1 D3=AC1 A37AA=AB1 ;AB7C7+1 53@=D8E41 ;AB7C7+1 ;A87B54671 @=AB1 F@C<D3DAB71 ;A87B54671 >3=1 ;AB7C71 ADB=1 "75BFA1 5>4AD71 ABBADE4A31 =DA1 5==D7D9A31 /AB?54BA31 =AB1 D753D658C58DB5I'(A8E4DE47>3;1 7"81 @=AB1 =DA1 ,I=B@MI65D57D7'(A8E4DE47>3;1 75;3AB1 53=1 61 59581 F33%81 231 6A7C7AB1 1AD71 AAB<A31 9AB8E4DA=A3A1 2CD653757?DBCA31 CD71 <D@5F7D9A31 @=AB1 E4ACD8E41 C@=D?DCDAB7A31 <AB?6BE4A31 ADA1 C>C1 (AD8DDA61 "E7D9AP1 722+1 "7B5>C53381 >3=11 88A@"DAA=P1 787B51 AE48+1 =DA1 AD3A1 3@E41 8E43A66ABA1 3@E4A35365;AB>3;1

<AADBFA31 8@66A31 7"E4A5BC+1 "5;AB1 A71 561 F33281 1DA61 D871 AD3A1 FEBCABA1 D34AD6D458A1 CD71=AB1J;6DE4FAD71AD3AB1?BE4ABA31(A6587>3;1=AB12CD653757A11

(10)

D36AD7>3;1 *1

1 *

1 5??FE@EB,/.121-1<.2=*1*842<=/<=:4/5+1E56E*,+81*@E

=F6F@E=8?4*,.4=*E0=*E&.31*E6*9E8.2,+-1*EA!24,91*.BE

=FBF@E5*=94/5+1EF49,.4=*EA74*4.1DE3=?1-E4=5,21BE 6F6@E74EGE71/.2,+-.1E?12E-H5+1EA74?-,/.DE5/.2,715+BE 6FBF@EE78%1/5+45+.6*7EA!24,91*.BE

1

56/@ED+15<-4/.1*E912EC,+*819434*@E2,-1E28:-,*.=-=741DE))(E 1

F1F1 28:-,*.,.%5?6.81*.%2*.12E,51E

DA1/AB<D3=>3;887A66A1CAD8E4A312CD6537571>3=1<>7CA371D871D31=A316A7C7A31954BA31 4B>?D;1 >37AB8>E471 A@B=A31 7"E5B53@+1 88A3C51 A71 561 F33$K1 A3;+1 9AB781 A71 561 F33*81 5>71 122,1 71DDDBDE41 53=1 AD;61 F33*81 8@667A1 =DA1 /AB<D3=>3;887A66A1

?@6;A3=A313?@B=AB>3;A31A378DBAE4A3G1

'1 AD3?5E4+1?A46AB8DE4ABA1<>7CA37C@375;A1<ADC157DA37A31 '1 4@E4DBBCD8A1588>3;1

'1 @757D@388DE4AB>3;1

'1 4@4A1)A87D;FAD71;A;A3E<AB1AM7B55MD56A31BB?7A31

'1 ;ABD3;A157ABD56ABCE=>3;1<AD1CIF6D8E4A31(A6587>3;A31 '1 5>8<6AD<A3=A1@EFAB>3;1

(11)

D36AD7>3;1 21

1 2

1>B1 @757D@388DE4AB>3;1 FJ33A31 AD31 "AE48'1

@=AB1 E47F5371 @=AB1 =D9AB8A1 )@BCA31 AD3A81 23=AM19ABAA3=A71AAB=A31

1 1 1

5??FE@E2**1*-4171*91E56E?,6012?4*96*7E84.E9214E68E1)IE012/1.3.1*E2*91F%

B=.=,.4=*//45+126*71*EAD,8-=7BE

56/@ED+15<-4/.1*E912EC,+*819434*@E2,-1E28:-,*.=-=741E 1

5<AD1 C>881 DCCAB1 AD31 ;AAD88A81 "DDA61 CAD8E4A31 57BDCA1 >3=1 57BDCA1 <A87A4A3+1

=5CD71=DA1AD6A1DB@<6AC6@81D3AD353=AB1AD3?E;A31AAB=A31FJ33A31AB18@1;A35337A1 /AB=BA4AD3FA61Q1<A7BB;714A>7A1CAD871CAD8E4A313+$R'R1

1

5??FE @E J8:41-:,//6*7KE 3;4/5+1*E 56'1*%E 6*9E 2**1*/15+/<,*.E 84.E 912921+;4*<1-ELFE

56/@E2,F4/E912EC,+*+14-<6*91@E28:-,*.=-=741DE))E 1

DA8A1 /AB53FAB>3;A31 FJ33A31 ;B>3=8B7C6DE41 5681 57BDCA1 5>?1 =AB1 "7DB38AD7A1 =A81 2CD653757A818D7CA317@<A6'(D@E5BAS8+1@=AB1568157BDCA1DC1D33ABA31=A812CD653757A81 6DA;A31 7C(1 )BD5=A37S81 237AB3A1 /AB=BA48DE4AB>3;A31 AB65><A31 AD3A1 7DA?1 D381 2CD6537571AD3;BAD?A3=A157BDCA15C1<>7CA371>3=1;A67A315681AA8A376DE41<A6587<5BAB+1

=51<AD1=A31F>BCA31AM7AB3A31>?<5>7A315C12CD6537571=581<FDDDA31=A81<>7CA3781 3DE4718DE4AB19AB4D3=AB71AAB=A31F53317DE47AB1F33%81

D31 53=ABA81 @3CAD71 D871 =DA1 8@1 ;A35337A1 @3>89AB<D3=>3;1 >BE41 =DA1 AM5F7A1 F@3D8E4A1 6ACC>3;1 F5331 4DAB1 5>?1 AD3A1 "DDA6D588>3;1 9ABCDE47A71 AAB=A31 122,1 F@337A1 <AD1 2CD653757A31 CD71 @3>89AB<D3=>3;1 FAD3A1 DFB@<AAA;>3;A31 <A@<5E47A3+1 AA6E4A1 AD3A31 >CDA??AF71 CD71 =5B5>81 ?@6;A3=AB1

@375CD357D@31 =A81 DABDDCD6537BBA31 3@E4A381 9AB>B85E4A31 FJ337A31 DA81 4571 9ABC>76DE41 D@8D7D9A31 D3?6>881 5>?1 =A31 B45671 =A81 FBA8756A31 3@E4A381 A81

(12)

D36AD7>3;1 .1

1 .

AAD7ABA31 8DDA671 =DA1 DCA38D@31 >3=1 =DA1 A@CA7BDA1 =AB1 "E4B5><A1 AD3A1 @66A1 71DDDBDE41 53=1 AD;61 F33*81 581 F@3D8E4A1 A8D;31 ?E4B71 C>1 AD3AB1 "7>?A1 5C1 :<AB;53;1 CAD8E4A31 2CD6537571 >3=1 <>7CA371 DA8A81 8@1 ;A35337A1 T657?@BC'

"AD7E4U1 8@661 AD3A1 ADE4;AAA<85365;AB>3;1 5>E41 5>?1 =AB1 <ABF537A1 =A81 2CD653757A81 ABCJ;6DE4A3+1 A581 C>1 AD3AB1 <A88ABA31 CAE453D8E4A31 "75<D6D8DAB>3;1

?E4BA318@66175E5ED+1A>;A<5>AB1A71561F33&81 1

1

1 1

5??FE(@E=*6/012?4*96*7E84.EJ-,.E=28%8;4.5+KEA5*<>-=/DE1*./:->BE 56/@ED+15<-4/.1*E912EC,+*819434*@E2,-1E28:-,*.=-=741E

1

F1 D+426274/5+1E5/:1<.1E

FF11 2*94<,.4=*1*DE2*94<,.4=*/14*/5+2H*<6*71*E6*9EB4/4<=E,<.=21*E

5>71 AD3AB1 F33$1 9ABJ??A376DE47A31 "7A66>3;354CA1 =AB1 11 <A87A471 <AD1 5>8BADE4A3=19@B453=A3AC1@=AB15>?;A<5>7AC1,5B7'1>3=1ADE4;AAA<A53;A<@71AD3A1 23=DF57D@31?EB1A3@8856A12CD653757A1<AD157DA37A3+1

'1 =DA1@43A12CD653757A13DE471<A?BDA=D;A3=19AB8@B;71AAB=A31FJ33A317C(1AM7BACA1 DA?AB57B@D4DA+1 53;A<@BA3A1 @=AB1 >3?566<A=D3;7A1 @=AB1 35E41 >C@BBA8AF7D@31 53;A?566A3A1A?AF7A81

'1 <AD1 =A3A31 =DA1 2CD6537579AB8@B;>3;1 DC1 /AB;6ADE41 C>B1 F@39A37D@3A66A31 /AB8@B;>3;1 ?>3F7D@3A66A1 /@B7AD6A1 <DA7A71 7C(1 C5436@8AB1 DA?AB+1 )BADA3=8D7>57D@3+1"E45676EEFA+1FDA?AB@B74@DB=D8E4A1(A453=6>3;8CD77A681

(13)

D36AD7>3;1 31

1 3

'1 <AD1 =A3A31 5>E41 =>BE41 567AB357D9A1 (A453=6>3;8C50354CA31 9AB;6ADE4<5BA1

?>3F7D@3A66A1 B;A<3D88A1 C>1 ABCDA6A31 8D3=+1 5<AB1 6@F56A1 @=AB1 5>E41 8><LAF7D9A1 BE3=A1?EB1AD3A12CD653757D@318DBAE4A31

231 B67ABA31 D7AB57>B53;5<A31 ?D3=A31 8DE41 =A75D66DAB7A1 D87A31 CD71 AD3AB1 AD4A1 9@31 T5<8@6>7A31 >3=1 BA657D9A31 @37B5D3=DF57D@3A3U1 ?EB1 =DA1 =A3756A1 2CD6537@6@;DA1 ,A>7A1 ADB=1 =DA1 (ACADE43>3;1 T@37B5D3=DF57D@3U1 5>?1 B>3=1 D4BA81 5<8@6>7A31 45B5F7AB81 A4AB1 9ABCDA=A31 "D339@66AB1 8E4AD371 A81 9@31 D8DF@'1 >3=1 ,@E4BD8DF@?5F7@BA31 C>1 8DBAE4A3+1 =DA1 6A7C76DE41 C>1 AD3AB1 23=DF57D@38AD38E4BB3F>3;1

?E4BA31711F33$81

DA1AD63A4CAB1=AB122'@38A38>8'@3?ABA3C1F33317(>8AB+19@31BM1A71561F33381 35337A31?@6;A3=A1)5F7@BA3G111111111111

B4/4<=E,<.=21*@E

'1 9@B<A87B5467AB13@E4A31 '1 8E4AABAB1D5<A7A81CA66D7>81 '1 4BC@BB45;D8E4A1D574A8A311

1111117FB53F45?71;A87AD;AB7A1(6>7>3;83AD;>3;81 '1 875BFA815>E4A31

4=5+24/4<=E,<.=21*@E

'1 8E4AABADA;A3=A18I87ACD8E4A1BFB53F>3;A311 '1 DCC>3F@CDB@CD77DAB7A157DA37A31

'1 B@;A35<>8>81

'1 >3F@@DAB57D9AB157DA371 E

7,?FE@EB4/4<=E6*9E4=5+24/4<=E,<.=21*E-,6.E272%=*/1*/6/%=*E121*3E)))E 1

231 =D9AB8A31 /ABJ??A376DE4>3;A31 =AB1 6A7C7A31 954BA1 ADB=1 C>=AC1 9ABCA4B71 =DA1 4AB5DDA1 CD71 (D8D4@8D4@357A31 5681 D8DF@?5F7@B1 =D8F>7DAB71 (A8@3=AB81 =DA1 D37B59A3J8A1 >?354CA1 =A81 A=DF5CA3781 ADB=1 9@31 AD3D;A31 B<AD78;B>DDA31 5681 ,@E4BD8DF@?5F7@B1 <A8E4BDA<A3+1 A@4D3;A;A31 =DA1 D37B5@B56A1 D3354CA1 3>B1 5681

;ABD3;ABA81 D8DF@1 53;A8A4A31 ADB=1 7B537+1 CA3A=@1 A71 561 F332K1 @37@I5' 5BB56AB@+15BB5'D3@1A71561F33.81

1

(14)

D36AD7>3;1 1

1

FF1 28:-,*.,.:-,*6*7E

DA1 378E4AD=>3;1 ?EB1 AD3A1 2CD653757D@31 4B3;71 9@31 =AB1 CA=DCD3D8E4A31 >3=1 C543CA=DCD3D8E4A31 35C3A8A1 >3=1 =A31 F6D3D8E4A31 (A?>3=A31 5<1 9A=AB1 6@F56A1 D574@6@;D8E4A1 (A?>3=1 C>881 9@B1 =AB1 2CD653757<A453=6>3;1 74AB5DDAB71 AAB=A31 1>1

=A31 F6D3D8E4A31 (A?>3=A31 CB46A31 =DA1 AM7B5'1 >3=1 D37B5@B56A1 238DAF7D@3+1 =DA1

>?354CA1 =A81 =A3756A3+1 D5B@=@3756A3+1 A3=@=@37D8E4A31 >3=1 ;3574@6@;D8E4A31

"757>81

DE47D;A1 /AB?54BA31 C>B1 (A87DCC>3;1 =AB1 ADE47AD6'1 >3=1 3@E4A39AB4B673D88A1 8D3=1 =DA1 "E46ADC45>7=DEFA3CA88>3;1 >3=1 =DA1 J37;A3=D5;3@87DF1 DA1

"E46ADC45>7=DEFA3CA88>3;1 8@667A1 >37AB1 <AB?6BE4A353B874A8DA1 CD71 AD3AB1 A3=@=@37D8E4A31 5=A61 @=AB1 AD3AB1 "@3=A1 CD71 AD3AC1 >CCD87@DD1 AB?@6;A31 DA1

>8A5461 =AB1 B5=D@6@;D8E4A31 >?354CA7AE43DF1 C>881 D31 AD3AC1 53;ACA88A3A31 /AB4B673D81 9@31 "7B546A3<A6587>3;1 >3=1 =AC1 =D5;3@87D8E4A31 >3=1 ?D353CDA66A31

>?A53=1 C>C1 3@7AA3=D;A31 23?@BC57D@38<A=5B?1 87A4A31 75C<BAE471 53=1 (A8DC@1 F33%811

356@;A1>3=1=D;D756A11543?D6CA1@=AB1 B74@D537@C@;B5CCA17 81AB65><A31AD3A1 CAAD=DCA38D@356A1 5B87A66>3;1 >3=1 8D3=1 ?EB1 "753=5B78D7>57D@3A31 5>8BADE4A3=1 (AD1 F@CD6AMA31 A?AF8D7>57D@3A31 @=AB1 ?A46A3=AB1 5B87A66<5BFAD71 8E4@3>3;8D?6DE47D;AB1

"7B>F7>BA31 <A87A471 =A81 AD7ABA31 AD3A1 23=DF57D@31 C>1 AAD7AB?E4BA3=A31

=BAD=DCA38D@356A31 /AB?54BA31 ADA1 @CD>7AB7@C@;B5D4DA1 781 @=AB1 =D;D756AB1 /@6>CA37@C@;B5D4DA17/8175E5ED+1A>;A<5>AB1A71561F33&81

DA1 653>3;1 =AB1 2CD653757D@8D7D@31 8@667A1 4A>7C>75;A1 >37AB1 =AC1 8DAF71 =A81 T<5EFA5B=8'D6533D;U1 ;A8E4A4A31 "DA1 ADB=1 3DE471 CA4B1 3>B1 =>BE41 =DA1 F3JE4AB3A1 357@CDA+1 8@3=AB31 D31 AB87AB1 D3DA1 =>BE41 =DA1 ;AD6537A1 DB@74A7D8E4A1 /AB8@B;>3;1

<A87DCC71 D31 TA5M'>DU1 5>?1 =A31 "D7>57D@38C@=A66A31 8@667A1 8@A@461 =DA1 @D7DC56A+1 5681 5>E41 =DA1 ;AB5=A1 3@E41 9AB7BA7<5BA1 >87BD77887A66A1 =A81 2CD65375781 =5B87A66A31

>BE41 =DA1 BEEFABB781 ;ABDE47A7A1 653>3;1 F5331 3>31 A378E4DA=A31 AAB=A3+1 @<1 C>8B7C6DE41C>B12CD653757D@315>;CA3757D9A150354CA31AB?@B=AB6DE418D3=1ADAG1

'1 >D=A='(@3A'A;A3ABAB57D@317(81 '1 >;CA3757D@31CD77A681 365I'AE43DF1 '1 >;CA3757D@31CD77A6812365I'AE43DF1 '1 (@3A'"D6D77D3;1

'1 (@3A'"DBA5=D3;1

'1 AB97B538D@8D7D@31A7E1111111111111111117"E4AA3CAB153=14BA3?A6=AB1F333811

(15)

D36AD7>3;1 F1

1 F

1

E EEEEEE

E

5??FE@E=+2/5+,?-=*1E84.E/14.-45+18EA4*/.417EEM2E3;14E28:-,*.,.1E 1

3453=1 =AB1 ;AA@33A3A31 57A31 F5331 =AB1 15437AE43DFAB1 AD3A1 (@4B8E45<6@3A1 CD71 )E4B>3;84E68A31?EB1=DA1 DAB57D@3153?AB7D;A31DA8A18@661=DA1DB@74A7D8E4A1@8D7D@31

>3=1 =DA1 @D7DC56A1 E483AD;>3;1 ?A876A;A31 1>8B7C6DE41 F5331 8DA1 D31 AD3AC1 DBB@DAB57D9A31J37;A3<D6=15681BE?FJBDAB1?EB1=A31/AB;BJ0AB>3;8?5F7@B19ABAA3=A71 AAB=A31 67AB357D91 F5331 AD3A1 DA?CDA4?@6DA1 E<AB1 =581 TA5M'>DU1 566AD31 =DA1

>87BD7787A66A1 =A81 2CD653757A81 C5BFDABA3+1 A@<AD1 =AB1 4DB>B;1 =DA1 E483AD;>3;1 8A6<871<A87DCC71

FF1 2H=:12,.401E,'*,+81*E

/@B1=AB1 DAB57D@31C>881=AB157DA371>C?53;BADE41E<AB1=DA12CD653757D@315>?;AF6BB71 AAB=A31 ,DAB?EB1 AD;3A71 8DE41 <A8@3=AB81 =DA1 8753=5B=D8DAB7A1 "7>?A35>?F6BB>3;1 DE47D;1 D871 =AB1 /AB;6ADE41 =AB1 /@B'1 >3=1 5E47AD6A1 <AD1 567AB357D9A31 (A453=6>3;8CA74@=A3+1 ADA1 =DA1 /AB8@B;>3;1 CD71 AD3AB1 (BEEFA1 <CA1 AD3AB1

=4B8D9<BEEFA+1 AD3AB1 AD6'1 @=AB1 /@66DB@74A8A+1 =A81 FDA?AB@B74@DB=D8E4A31 EEFA38E46>88A81@=AB1=DA1J;6DE4FAD71AD3AB1DE47<A453=6>3;1A81AD7ABA31C>881 5>?1 =DA1 D37B5'1 >3=1 D@87@DAB57D9A31 D8DFA31 >3=1 @CD6DF57D@3A31 4D3;AADA8A31 >3=1

=AB1 <65>?1 =AB1 (A453=6>3;1 AB6B>7AB71 AAB=A31 >E41 8@667A31 =AC1 57DA37A31 =AB1 CAD76DE4A1 /AB65>?1 >3=1 =DA1 A85C7=5>AB1 =AB1 4AB5DDA1 8@1 ADA1 =DA1 A3787A4A3=A31

@87A31 >3=1 A9A37>A66A31 @87A3E<AB354CA31 =>BE41 BD77A1 5>?;ACAD;71 AAB=A31 75C<BAE471 53=1 (A8DC@1 F33%81 51 A81 8DE41 >C1 AD3A31 D653<5BA31 D3;BD??1 453=A67+1 8@667A1 =DA1 >?F6BB>3;1 CD3=A87A381 F%1 "7>3=A31 9@B1 =AC1 D3;BD??1 AB?@6;A31 >3=1 9@B1

=AC1 D3;BD??1 AD3A1 8E4BD?76DE4A1 D39AB87B3=3D8ABF6BB>3;1 =A81 57DA37A31 9@B6DA;A31 75E5ED+1A>;A<5>AB1A71561F33&811

(16)

D36AD7>3;1 !1

1 !

(AD1 D8DF@D57DA37A31 >3=1 6B3;AB1 53=5>AB3=A31 DAB57D@3A31 8@667A1 DCCAB1 AD3A1

<A;6AD7A3=A1537D<D@7D8E4A1B@D4I65MA1=>BE4;A?E4B71AAB=A31)EB1AD3A1D@87@DAB57D9A1 537D<D@7D8E4A1 <8E4DBC>3;1 <A87A471 8A67A31 AD3A1 @7AA3=D;FAD71 7AD<BDE41 53=1 5;3AB1 F33%K1 5B<5E4+1 5665A5I1 A71 561 F33*81 5E41 AD3AC1 "7>=DA39AB;6ADE41 ACD?DA4671" "2 1CA5B1=DA15<A19@31F;1C@MDED66D31AD3A1"7>3=A1DBB@DAB57D91 DAB1 @B56A+1 LA=@E41 CD71 =AC1 /ABAAD81 5>?1 =DA1 @7AA3=D;FAD71 AAD7ABAB1 37AB8>E4>3;A3178D@8D7@+1B>8@9D31A71561F33281

FF1 28:-,*.,.4*/12.4=*E

(AD1=AB112CD653757D@31C>881>37AB158AD7D8E4A315>7A6A31;A5B<AD7A71AAB=A3+11A@<AD1 5<8@6>7A1"7ABD6D7B71D31=AB1>3=4J46A15>?1B>3=1=AB14@4A31ADC<A8DA=A6>3;13DE471 ABBADE4<5B1D8715>712,(2,1>3=117AD<BDE4153=15;3AB1F33%81 CE88A31 566A1 E4DB>B;D8E4A31 2387B>CA37A1 >3=1 (@4BAB1 87ABD61 5>?<ABAD7A71 >3=1 ;A65;AB71 AAB=A3+1 =581 ')A6=1 87ABD61 5<;A=AEF71 >3=1 =581 (A453=6>3;87A5C1 87ABD61 ;AF6AD=A71 8AD31 AB1 D3;BD??1 AB?@B=AB71 CD3=A87A381 =BAD+1 <A88AB1 9DAB1 AB8@3A3G1 DAB57A>B+1 88D87A3C+1 D387B>CA37DABA3=A1 "E4AA87AB1 <CA1 ,A6?ABD31 >3=1 1 AD3A31 >387ABD6A31

"DBD3;AB+1 >C1 <AD1 ;AAD88A31 /@B;B3;A31 =DA1 "7ABD6D7B78FA77A1 3DE471 C>1 >37AB<BAE4A31 DA1 >3=4J46A1 >3=1 =AB1 B>0ABA1 >3='DDDA3<ABADE41 ADB=1 CD71 3+FH'D;AB1 46@B4AMD=D36J8>3;1 ;ABAD3D;7+1 >C1 AD3A1 ADCBA=>CDAB>3;1 C>1 ABBADE4A31 356;A8DA1 ADB=1 <AD1 AD3?5E4A31 2CD653757D@3A31 1 =>BE41 @F5653B874A8DA1 ABBADE47+1 <AD1 ;BJ0ABA31 DAB57D@3A31 CD71 3@E4A3A37354CA1 ADB=1 C>8B7C6DE41 AD3A1 "A=DAB>3;1 <CA1 <AD1 DAB57D@3A31 E<AB1 .31 D3>7A31 AD3A1 237><57D@3835BF@8A1 ACD?@46A31 75E5ED+1 A>;A<5>AB1A71561F33&81

E

5??FE@E:12,.4=*/.2,>EEM2E28:-,*.,.4=*E84.E5/.2,%=+212%72,>E

(17)

D36AD7>3;1 %1

1 %

1

DA1"E43D77?E4B>3;1ADB=19@31?@6;A3=A315B5CA7AB31<A87DCC7G1 '1 :<AB8DE476DE4FAD71=A81 DAB57D@38;A<DA7A81

'1 >8BADE4A3=A1ADE4;AAA<A5<=AEF>3;1?EB15>;CA3757D9A150354CA31 '1 "E4@3>3;1=AB1D5DD66BBA31"7B>F7>B1?EB1B874A7D8E4A1

ADE4;AAA<ABAF@387B>F7D@31

5<AD1 F5331 =DA1 23CD8D@31 ;AB5=6D3D;+1 AD3FA6'1 >3=1 <@;A3?JBCD;+1 CD71 @=AB1 @43A1 376587>3;19AB65>?A31DA1(D6=>3;1AD3A81>F@DABD@8765DDA381ABCJ;6DE471=5331=DA1

"DE471 5>?1 =DA1 9@B453=A3A31 3@E4A39AB4B673D88A1 >BE41 =DA1 C@=AB3A1

=BAD=DCA38D@356A1 653>3;1 @=AB1 <AD1 ;A3E;A3=AC1 3@E4A353;A<@71 F5331 4A>7C>75;A1C53E4C5615>E41CD3DC56D3958D9+17B538;D3;D9561735E41"7DE4D3CD8D@31@=AB1

"753C>3;81DBBD5BDAB71AAB=A317AD<BDE4153=15;3AB1F33%81

DA1 >?<ABAD7>3;1 =A81 2CD653757<A77A81 AB?@6;71 LA1 35E41 2CD653757?DBC51 CD71

;A3@BC7A31 (@4BAB31 5>?87AD;A3=AB1 BJ0A1 5C>1 8@667A31 8DACDA66A1 4DB>B;DA<@4BC58E4D3A31 CD71 >37AB8E4DA=6DE4A31 C=BA4>3;8;A8E4AD3=D;FAD7A31

>3=1>37AB187A7D;AB1E46>3;1CD7187ABD6AB1@E4856C6J8>3;+19ABAA3=A71AAB=A31

)56681=AB169A@65BF5CC1C>18DD7C1D871@=AB18E45B?A13@E4A3F537A315>?AAD87+18@667A1 AB1CD71;AAD;3A7A31)BB8A31@=AB1AD3AB1>AB'3@E4A3C53;A1;A;6B77A71AAB=A31

D71 =AC1 @8A3<@4BAB1 F5331 C(1 CD71 ,D6?A1 AD3A1 (@4B8E45<6@3A1 =DA1 @8D7D@31 >3=1

=AB1<8753=1=AB12CD653757A1?A87;A6A;71AAB=A31

1>C1 B45671 AD3AB1 F3JE4AB31 ;A87E7C7A31 5DD66A1 C>881 =AB1 <8753=1 CAD8E4A31 CAAD1 2CD653757A31 CD3=A87A381 !CC+1 >3=1 CAD8E4A31 AD3AC1 2CD6537571 >3=1 AD3AC1 15431 CD3=A87A381+$'FCC1<A7B5;A3175B3@A+14@1A71561F33381

(18)

D36AD7>3;1 $1

1 $

5>71 ("1 F5331 3>31 =AB1 1>;53;1 CD71 AD3AC1 A7A581 ;BJ0ABA31 @8A3<@4BAB1 ABAAD7AB71AAB=A31AB1AB87A1BBD5B57D@388E4BD771AB?@6;71=5331CD71AD3AC1D6@7<@4BAB1 1>B1 :<ABDBE?>3;1 =AB1 E483AD;>3;1 FJ33A31 5B566A6D8DAB>3;84D6?A31 @=AB1 AD3A1 DA?A36A4BA1 AD3;A8A7C71 AAB=A31 (AD1 F@BBAF7AB1 5;A1 ADB=1 =581 2CD653757<A771 CD71

"DDB56<@4BAB31 5>?87AD;A3=A31

>BE4CA88AB81<D815>?1=DA1;AAE38E47A1 BJ0A1 ABAAD7AB71 7(>8AB+1 #A@1 A71 561 F33*81 3?566A3=A1 3@E4A38DB3A1 8@667A31 ?EB1 A9A37>A66A1 5>;CA3757D9A1 50354CA31;A85CCA671AAB=A31 1

11111111111111111111

111111111111111

5??FE @E 8:42,-?=+212E 84.E 6H*71*8,2<4126*7E 6*9E 8:134,-/,6712E 84.E

*=5+1*E4-.12E

1111111111111

(AD1 =DE47AC1 3@E4A31 ADB=1 C(1 <AD1 87B5S1 =DA1 3@E4A3F59D7B71 >C1 3+$CC1 F6AD3AB1 5681 =AB1 LAAAD6D;A1 2CD653757=>BE4CA88AB1 DBBD5BDAB71 7>37AB=DCA38D@3DAB7A1

>?<ABAD7>3;8+1<AD18D@3;DJ8AC13@E4A318@667A1AD31D??ABA3C19@313+!CC1<A87A4A31

<6AD<A31 787B5AE41 F33&8A81 AD7ABA31 F5331 <AD1 8A4B1 ?A87AC1 3@E4A31 AD31

@B7DF56D8<@4BAB1 @=AB1 <AD1 ;AAD88A31 2CD653757?DBCA31 AD31 AAD3=A8E43AD=AB1 9ABAA3=A71AAB=A31

581 2CD6537571 8@667A1 CD71 C5MDC561 $'F31 C=BA4>3;A31 DB@1 D3>7A1 AD3;A<B5E471 AAB=A31 5C>1 F5331 A37AA=AB1 AD31 653;85C1 =BA4A3=A81 D3FA687EEF+1 AD3A1 ,53=B578E4A1@=AB1AD31BA4C@CA378E46E88A619ABAA3=A71AAB=A31581BA4C@CA371 8@667A1 CAD8E4A31 F31 >3=1 $31 EC1 6DA;A31 (AD1 8A4B1 4@4AC1 BA4C@CA371 35E41 AA3D;A31 C=BA4>3;A31 8@667A1 =DA1 238AB7D@31 5<;A<B@E4A31 AAB=A31 >3=1 =DA1 59D7B71

>C1 AD3A1 BJ0A1 ABAAD7AB71 AAB=A31 581 87B5S1 2CD6537571 ADB=1 =5<AD1 <E3=D;1 @=AB1 6ADE471>37AB456<1=A813@E4A33D9A5>81D657CDAB71787B5AE41F33&811

(19)

D36AD7>3;1 &1

1 &

1

5??FE 1)@E A4*?24*71*E 14*1/E 5/.2,E 28:-,*.,.1/E 84.E 14*18E 21+8=81*./5+-M//1-E

1

FF1 28:-,*.,.14*+14-6*7E

DA1 238AB7D@31 8@667A1 DCCAB1 CD71 =AB1 ;BJ07CJ;6DE4A31 BDCBB875<D6D7B71 AB?@6;A31 75E5ED+1 A>;A<5>AB1 A71 561 F33&81 DA8A1 CAE453D8E4A1 A7A37D@31 F5331 E<AB1 AD3A1 6ACCADBF>3;+1 AD<>3;+1 37AB8E43D77A1 @=AB1 AD31 AAD3=A1 ABBADE471 AAB=A31 (AD1

=AB1 D34AD6>3;1 8@667A31 DFB@<AAA;>3;A31 9ABCDA=A31 @=AB1 C>CD3=A871 AD3A1

>37ABFBD7D8E4A1 (A6587>3;1 @43A1 A657D9<AAA;>3;1 ;A;A<A31 8AD3+1 >C1 =A31

;AAE38E47A31 3@E4A3F@375F71 =AB1 8@1 ;A35337A31 "AF>3=BB875<D6D7B71 C>1 ABBADE4A31 7AD<BDE4153=15;3AB1F33%81,D87@6@;D8E413DCC71=5<AD1D31=A31AB87A31@E4A31=DA1 BDCBB875<D6D7B71 =>BE41 C<5>9@B;B3;A1 DC1 3@E4A31 5<1 DA1 A85C7875<D6D7B71 87AD;71LA=@E41AA;A31C>3A4CA3=AB1 88A@D37A;B57D@31B58E41ADA=AB153175;3AB153=1 6159581F33%81

1 5??FE11@E28:-,*.,./.,?4-4.H.E*,5+E28:-,*.,.4=*E 56/@E2,F4/E912EC,+*+14-<6*91@E28:-,*.=-=741DE))E 1

(20)

D36AD7>3;1 *1

1 *

F1 28:-,*.,.:2=.+1.4/5+1E=*31:.1E912ECEB171*/?627E FF11 !1/./4.31*912EC,+*12/,.3E

FF1F11 A4*31-<2=*1*E

(AD1 9DA6A31 23=DF57D@38<ABADE4A31 F@CCA31 >39AB<6@EF7A1 D3CA6FB@3A31 5>81 A7566FAB5CDF1@=AB1/@66FAB5CDF1C>C1D3857CG1"@A@461<ADC1D3CA6C543AB857C1>3=1

<AD1 "E45676EEFA3+1 5681 5>E41 <AD1 )BADA3=8D7>57D@3A31 DA8A1 AAB=A31 CAD87A381 CD71 DB@9D8@BD8E4AC1 1ACA371 5>?1=AC1<>7CA371<A?A87D;71581<>7CA371ADB=1CD71F$1 EC1?A87;AC@;A31>3=1CD71577A1>3=15E4819AB8E46@88A31

FF1F1 28:-,*.,.71.2,71*1E2M5<1*E

D3A1AAD7ABA1J;6DE4FAD71"E45676EEFA31>3=1 )BADA3=8D7>57D@3A31C>19AB8@B;A318D3=1 DCD653757;A7B5;A3A1 (BEEFA31 >E41 =DA8A1 AAB=A31 ?EB1 ;AAJ436DE41 CD71 DB@9D8@BD8E4AC1 1ACA371 <A=D3;71 4AB5>83A4C<5B1 ?DMDAB71 ,I<BD=<BEEFA31 CD71 2CD653757A31>3=11B4A315681?AD6AB1F@CCA31?EB1;AAJ436DE413DE471C>B13AA3=>3;1 FF1 412,6/*1+8?,212EC,+*12/,.3E

FFF11 2*9404961--E71E2H/.12E8.17E

AB1 D3=D9D=>A661 ;A?BB87A1 "7A;1 87A6671 531 =AB1 11 A;A38<>B;1 =DA1

"753=5B79AB8@B;>3;18@A@461=A81C5436@8A31 <AB'156815>E4137ABFDA?AB81=5B1 2C137ABFDA?AB1AAB=A31CAD8719DAB1D37AB?@B5CD3BBA12CD653757A19ABAA3=A7+1DC1 <ABFDA?AB18D3=1A81CAD8E4A319DAB1>3=15E47+1A@<AD113>B1<AD18AE481>3=15E471

2CD653757A315>?1AD3A315>CA3<E;A61@=AB1B436DE4A819ABCDE47A71AAB=A31F5331AB1

"7A;1ADB=1=53315>?13D<>7CA378P19AB8E4B5><71

E EEEEEE

E E E 1 E

5??FE1@E2*9404961--12E8.17E,6EE0412E 4*.12E=2,84*H21*E28:-,*.,.1*E

(21)

D36AD7>3;1 21

1 2

E14-1201281+26*7E

1>B1 ?AD6AB9ABCA4B>3;1 AAB=A31 A37AA=AB1 AD3CA63A1 2CD653757A+1 AA6E4A1 =5331 CD71 AD3AC1 A6A8F@D1 9AB8@B;71 AAB=A3+1 @=AB1 CA4BABA1 2CD653757A+1 AA6E4A1 =5331 ADA=AB1 CD71 AD3AC1 ;A?BB87A31 "7A;1 9AB<>3=A31 AAB=A3+1 9ABAA3=A71 DA1 A87CB43A1 8D3=1

;A3ABA6615681A6A8F@DA1;A87567A71

FFF1 6=5,.=2E6*9E671-<=:E,..,5+81*./E

681 A7A37D@31 9@B1 566AC1 ?EB1 37ABFDA?ABDB@74A8A31 ?D3=A31 5>E41 @E57@B1 >3=1

>;A6F@D?5775E4CA3781 /ABAA3=>3;1 DA8A1 87A66A31 AD3A1 AD3?5E4A1 /AB53FAB>3;8CJ;6DE4FAD715>?1CAAD1@=AB19DAB1D37AB?@B5CD3BBA312CD653757A31=5B1

1

5??FE1@E6=5,.=2EB1.1*.4=*/14*/H.31E4*E%2=.+1/1E14*71,2?14.1.E 1

F1 ,/E5/.2,E28:-,*.,.E

DA137ADEF6>3;1=A8187B5S12CD65375781787B51AE4+1J63=56+1"E4AA=A381<A;5331 .2$1D31"7@EF4@6C12C1954B1.2.1A>B=A1=581CD71D753=D@MD=1<A87B5467A12CD6537571 9@B;A87A6671 >3=1 ADB=1 8AD7=AC1 AA67AAD71 9AB7BDA<A31 2C1 5>?A1 =AB1 954BA1 A>B=A31

=D9AB8A1 /ABB3=AB>3;A31 AD3;A?E4B71 ADA1 C(1 ..!1 AD3A1 3A>A1 AAD3=A?@BC1 @=AB1 F33%1AD3A1C@=D?DCDAB7A1 <AB?6BE4A11

FF11 ,<2=/.26<.62E

(AD187B5S1453=A671A818DE41>C1AD318A6<878E43AD=A3=A8+1CAAD7AD6D;A8+15>81AD37D7531 B5=1%1<A87A4A3=A812CD6537571DA1"I87ACD56A77A1<A87A471;B>3=8B7C6DE415>81AD3AC1 CI6D3=BD8E4A312CD653757=A8D;317"1V187B5D;4781D31=A31>BE4CA88AB31!+$+1%+31>3=1$+31 CC1>3=1AD3AC1F@3D8E4A312CD653757=A8D;3+1=581CD71%+$1>3=1$+31CC1>BE4CA88AB1 53;A<@7A31 ADB=1 5<AD1 >37AB8E4AD=A71 8DE41 <AD1 <AD=A31 )@BCA31 =DA1 5DDF56A1 AAD3=A87B>F7>B1 9@31 =AB1 FBA8756A31 DA1 F6AD3ABA31 D3=>3;A31 CD71 =AC1 5BFA335CA31 DEB@4BA5=P1 8@66A31 5>?1 B>3=1 =AB1 ;ABD3;ABA31 (A6587>3;1 DC1 F@B7DF56A31 3@E4A3537AD61 AA3D;AB1 3@E4A35<<5>1 9AB>B85E4A31 7AA+1 4@D1 A71 561 F33*811

(22)

D36AD7>3;1 .1

1 .

1

1

5??FE 1@E <=*4/5+1/E 6*9E 3>-4*924/5+1/E 28:-,*.,.E 4*E 012/5+4191*1*E 625+81//12*E 84.E 912E 1*./:215+1*91*E !,2?<=94126*7E EM2E 941E 2N'1E912E2**1*012?4*96*7E

56/@E5/.2,E715+EGE2=96<.<,.,-=7E 1

DA12CD653757A18D3=1D31=A31B3;A31.+1+1!+1$+1*1>3=1.1CC1AB4B676DE4+1

=581!+$1"1>3=1=581%+31"12CD6537571C>8B7C6DE41D3121CC1

1

5??FE1@E,/ED12E28:-,*.,.E4*E/14*1*E012/5+4191*1*E6H*71*E 56/@E5/.2,E715+EGE2=96<.<,.,-=7E

1

FF1 4<2=/.26<.62E

DA1 CD71 D753=D@MD=1 7D F81 <A87B5467A1 <AB?6BE4A1 7D <6587P81 A>B=A1 DC1 954B1 .2.1AD3;A?E4B71>3=187A6671AD3A31/AB7BA7AB1=AB15<657D91<A5B<AD7A7A312CD653757A1=5B1 2C1954B1F33%11A>B=A1AD31C>8B7C6DE41E4ACD8E419ABB3=AB7A812CD65375715>?1=A315BF71

;A<B5E471 DA1 CD71 )6>@BD=1 <A453=A67A1 <AB?6BE4A1 7 88A@"DAA=P81 AAD871 AD3A1 5>4AD71 DC1 53@<ABADE41 5>?1 D9AB8A1 4D87@6@;D8E4A1

"7>=DA31 AAD8A31 5>?1 AD3A1 8E43A66ABA1 3@E4A3<D6=>3;1 4D31 7(AB;6>3=4+1 <B545C88@31 A71 561 F33*K1 <B545C88@3+1 6<@>I1 A71 561 F332K1 @3L@+1 5C@66A1 A71 561 F3328+1 F@37B@66DAB7A1 53;CAD7>37AB8>E4>3;A31 6DA;A31 <D81 =57@1 3@E413DE4719@B1 1

5??FE1(@E!-6=2498=94E43412.1E?12E-H5+1E//1=8:119OE 56/@E5/.2,715+EGE2=96<.<,.,-=7E

(23)

D36AD7>3;1

1

FF1 5?6.81*.

681 2CD653757'<>

AD3AB1"AE48F537 81 87A4A31 9AB8E4 J8>3;A31>3=1/AB

FFF11 C181*.41

5??FE1@E:2H:,241 74.,*

E 1 1 E

5??FE1@E5*76//E EEEEEEEEEEEEEEEEEEEEEEEEEEEEEE 1

FFF1 912/5+2, 1

1 E E

5??FE1@E,?71;4*

1

FFF1 15<:2=.

E

5??FE@E671-<=

1

5?6.81*./E

<>7CA37'237AB?5EA1 9ABAA3=A71 87B5S1 AD3A1 @

"AE48F537'@757D7D@388DE4AB>3;17@3DE561"A561A8D;31P8 7A4A31 9AB8E4DA=A31 <>7CA378I87ACA1 ?EB1 CACA37DAB7A1

;A31>3=1/AB53FAB>3;8A6ACA37A1?EB1AEFDB@74A8A31C>B1/

1 1

5??FE 1@E =*4/5+1E E 28:-,*.,.%5?6.

D=*45,-E81,-E1/47*EOE

56/@E5/.2,715+EGE2=96<.<,.,-=7E 1

1

C181*.412.1E6N/6*71*E

@E:2H:,2412?,21E6*9E0=2:2H:,2412.1E5?6.81*./E,6/

74.,*E

5*76//EH+471/E5?6.81*.EEEEEE5??FE)@E4215.E5?6.8 EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEA14*.14-47BE84.E(IE2H:,

912/5+2,6?.1E6N/6*71*E

@E,?71;4*<1-.1/E5?6.81*.EA)IBEEEEEE5??FE@E)IE6*9

15<:2=.+1/1*E

1

@E671-<=:E,*<12PPEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE5??FE@E6

F31

F3 B5S1 AD3A1 @3>89AB<D3=>3;1 CD71

61A8D;31P811

CACA37DAB7A1 @=AB1 9AB8E4B5><7A1 74A8A31C>B1/AB?E;>3;1

5?6.81*.E 912?4*96*7E E

1

6.81*./E,6/EC42<=*=F49E6*9E

4215.E5?6.81*.E

IE2H:,2,.4=*/;4*<1-E

6*9EI*45?6.81*.E

@E6=5,.=2PPPE

(24)

D36AD7>3;1 F1

1 F

FF1 A4*/,.3?12145+1E

5>71 ,AB87A66AB53;5<A31 D871 =581 87B5S1 2CD6537571 ?EB1 566A1 23=DF57D@3A31 ;AAD;3A7+1

=41 8@A@461 ?EB1 7AD6<AC5437A1 5681 5>E41 C5436@8A1 57DA37A3+1 DC1 <AB1 >3=1 DC1 37ABFDA?AB+1 5681 "@?@B7'1 @=AB1 "DB7DCD6537571 >E41 ADB=1 5>?1 AD3A1 23=DF57D@385>8AAD7>3;1 C>B1 "@?@B71 @=AB1 )BE4<A6587>3;1 5>?1 B>3=1 =AB1

?6>@BD=C@=D?DCDAB7A31 <AB?6BE4A14D3;AADA8A3181F53318@A@461AD3A1AD3CAD7D;A+15681 5>E41 AD3A1 CAADCAD7D;A1 /@B;A4A38AAD8A1 53;AAA3=A71 AAB=A3+1 A@<AD1 <AD1 B87ABAB1

=581 <>7CA371 8@?@B71 AD3;A8E4B5><71 ADB=1 >3=1 <AD1 1AAD7ABAB1 AB871 AD3A1 /AB8E46>888E4B5><A1 AD3;A<B5E471 ADB=1 >C1 =581 2CD6537571 =5331 8><;D3;D9561 AD34AD6A31C>16588A31

1

F1 B15,--E6*9E3,5+/=271E

D31 ADE47D;AB1 (A8753=7AD61 AD3AB1 AB?@6;BADE4A31 2CD65375774AB5DDA1 D871 =DA1

>BE4?E4B>3;1 AD3A81 5E48@B;ADB@;B5CC81 7AE56681 DA1 AE566D37AB9566A1 CE88A31 5>?1=581D3=D9D=>A66A1D8DF@DB@?D61=A8157DA37A315<;A87DCC71AAB=A3178DA4A15<1!81

>3=1 95BDDABA31 CAD8E4A31 AA3D;A31 @E4A31 <AD1 ,@E4BD8DF@D57DA37A31 >3=1 &'F1

@357A31 <AD1 57DA37A31 CD71 ;ABD3;AC1 D8DF@1 DA1 5E48@B;A1 8@667A1 8@A@461 AD3A1

@37B@66A1 =A81 ,5B7'1 >3=1 ADE4;AAA<A8+1 AD3A1 DB@?A88D@3A66A1 AD3D;>3;1 CD71

>3=4I;DA3AD387B>F7D@3A31 >3=1 A378DBAE4A3=AB1 AC@7D957D@3+1 5681 5>E41 =DA1 (A453=6>3;1 9@31 <D@6@;D8E4A31 >3=1 CAE453D8E4A31 @CD6DF57D@3A31 <AD34567A31 7(A43AFA153=1(A43AFA1F33%81

1 1 E

B4/4<=E,<.=21*E E

5--71814*E

'1 566;ACAD3CA=DCD3D8E41<A=D3;7A1D8DF@?5F7@BA31>3=1@37B5D3=DF57D@3A31 E

,2=9=*.,-Q84<2=?4=-=74/5+E

'1 D5B@=@3756A1/@B8E4B=D;>3;1=A81A87;A<D88A81 '1 L>9A3D6A15B@=@37@D574DA1

'1 B58E41?@B78E4BAD7A3=A15B@=@37@D574DA1 '1 BA?B5F7BBA15B@=@37@D574DA1

'1 /@B453=A38AD31D5B@=@37@D574@;A3AB1ADCA1 1

E

(25)

D36AD7>3;1 FF1

1 FF

1=81.24/5+E

'1 BA=>CDAB7AB137AB87E7C>3;8AAB71 '1 M7A38D@38;6DA=AB1

'1 D3A5BA13@B=3>3;1

'1 D3<ACDA4>3;1357EB6DE4AB11B43A1

'1 /AB;BJ0AB7A1D8753C1C>1=A31375;@3D87A31

'1 B@9A87D<>6BBA1 @=AB1 CA8D@=D8756A1 D8FBAD53C1 CAD8E4A31 FF6>856?6BE4A1

>3=12CD653757O>AB8E43D771

'1 B5389AB856A1<AADE4>3;1CAD8E4A312CD653757D@8D7D@31>3=1375;@3D87A31 1

E

<<-6/,-E

'1 D5B5?>3F7D@3A66A1F7D9D7B71 '1 ?6BE4D;A1@375F7A1

'1 87AD6A1,JEFAB3AD;>3;1

'1 FF6>8D@38F@375F7A1D31=AB1I35CDF1 1

E

7,?FE@EN7-45+1E1EH+296*7/:=.1*.4,-1E48:-,*.,.71/.M.3.12EB1/.,62,.4=*1*E 56/@E,F4/E912EC,+*+14-<6*91@E28:-,*.=-=741DE))E

E

581 T237AB357D@3561 A5C1 ?@B1 2CD6537@6@;IU1 72281 ;5<1 F33%1 AD3A1 CD?A46>3;1 ?EB1

=DA1 :<ABA5E4>3;1 =A81 ,5B7'1 >3=1 ADE4;AAA<8C>8753=81 >C1 2CD653757A1 37AB8E4DA=6DE4A1A74@=A31C>B1)BE4ABFA33>3;19@31ABDDCD6537D7D81>3=1CJ;6DE4A1 4AB5DDA538B7CA1 A>B=A31 4DAB1 5>?;ACAD;71 DA8A1 5B5CA7AB1 <AD34567A31 =DA1 (A>B7AD6>3;1 9@31 65O>A+1 1>8753=1 =AB1 D3;D95+1 DABDDCD6537BBA1 58E4A38@3=DAB>3;87DA?A+1=DA1(BAD7A1=AB1FAB57D3D8DAB7A31>F@85+1(A87DCC>3;1=AB1

">6F>8?6>D=?6DA0B57A1 7"))8+1 =DA1 :<ABA5E4>3;1 9@31 (6>7>3;1 5>?1 "@3=DAB>3;1 7( 81>3=1">DD>B57D@3+1>3=1=DA1(A>B7AD6>3;1=AB13@E4A3'2CD653757'/AB<D3=>3;1 53453=1 9@31 @EFAB>3;8;B5=+1 B5=D@6@;D8E4AB1 @37B@66A1 >3=1 A9A37>A661 A8@353C?BAO>A3CCA88>3;1753;+1(AB;6>3=41A71561F33%81

DA1 DC1 54CA31 =DA8AB1 "7>=DA1 53;AA53=7A31 5B5CA7AB1 AAB=A31 D31 !!1 ;A35>AB1

<A8E4BDA<A311

FF11 2=E1//4=*1--1E28:-,*.,.214*476*7E

C1 2CD653757A1 9@31 65O>A1 >3=1 154387AD31 C>1 BAD3D;A3+1 CE88A31 C>C1 B45671 =AB1 <AB?6BE4A3D37A;BD7B71<A8@3=AB818E4@3A3=A150354CA31C>C1D3857C1F@CCA31 ,DAB?EB1 FJ33A31 8DACDA66A1 F5B<@3?58AB9AB87BBF7A1 >38787@??FEBA77A31 D31 B5EAI'

@3?D;>B57D@3+1 @6DABD587A3+1 ">DAB?6@88+1 5CA87AD?A31 @=AB1 237AB=A3756<EB87E4A31 9ABAA3=A71AAB=A31

(26)

1DA68A7C>3;1=AB1"7>=DA1 F!1

1 F!

67B58E4566;ABB7A+1 "7546'EBA77A31 >3=1 DB')6@A1 8D3=1 5<C>6A43A3+1 =51 8DA1 C>1 <AB?6BE4A3=A87B>F7D@31 >3=1 AD3AB1 B4J4>3;1 =AB1 5>D;FAD71 ?E4BA31 7"DDAFABC5331 53=1@35741..%K1(A43AFA153=1(A43AFA1F33%811

1 1

1 C41-/1.36*7E912E8.6941E

1DA61 =DA8AB1 "7>=DA1 D871 AD3A1 BA7B@8DAF7D9A1 5E4>37AB8>E4>3;1 9@31 2CD653757A31 =AB1 )DBC5187B51AE41CD71 88A@"DAA=P1 <AB?6BE4A15<AD18@6613DE4713>B1F6D3D8E41>3=1 B5=D@6@;D8E41 =AB1 1>8753=1 =A81 DABDDCD6537BBA31 ,5B7'1 >3=1 ADE4;AAA<A81

>37AB8>E47+1 8@3=AB31 5>E41 5>?1 @CD6DF57D@3A31 <AD1 =AB1 DB@74A7D8E4A31 /AB8@B;>3;1

;A5E47A71 AAB=A31 A81 AD7ABA31 ADB=1 =DA1 8><LAF7D9A1 57DA37A3C>?BDA=A34AD71 CD71

@<LAF7D9A31B?@6;8FBD7ABDA319AB;6DE4A31 1

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

(27)

57ABD561>3=1A74@=A1 F%1

1 F%

1 ,.124,-E6*9E1.+=91E

F11 8.6941*91/47*E

DA19@B6DA;A3=A1BA7B@8DAF7D9A1 2CD65375735E4>37AB8>E4>3;1?53=1DC154CA31AD3A81 AE56681531=AB16D3DF1>3=1@6DF6D3DF1?EB1>3='+1DA?AB'1>3=1A8DE478E4DB>B;DA1=AB1 3D9AB8D7B71 A;A38<>B;1 D31 1>85CCA35B<AD71 CD71 =AB1 @6DF6D3DF1 ?EB1 C543BBC76DE4A1 B@74A7DF1 875771 >81 =AC1 45>8D37AB3A31 "1 A>B=A31 566A1 57DA37A31 ABCD77A67+1 =DA1 CAD8E4A31 =AC1 F33%1 >3=1 =AC1 !FF33*1 CD71 2CD653757A31 =AB1 )DBC51 87B51 AE41 9AB8@B;71 A>B=A31 AB1 AE5661 ?53=1 CAD8E4A31 )A<B>5B1 >3=1 @9AC<AB1 F3321 875771>3=1AB?@6;7A153453=1AD3A819@31>381AB87A667A3+19DAB8AD7D;A31)B5;A<@;A38111 DA1)DBC5187B51AE41A5B1531=AB1"7>=DA13DE471<A7AD6D;71

1

F1 -4*4/5+1E*.12/65+6*7E

5E41AD3AC1F>BCA31>?F6BB>3;8;A8DBBE41A>B=A3153453=1AD3A819@31>381AB87A667A31 37AB8>E4>3;8<@;A381 35E4?@6;A3=A1 57A31 AB4@<A31 >3=1 =5331 =DA1 DB@?A88D@3A66A1 2CD653757BAD3D;>3;1DC154CA31=A81BA;>6BBA31AE56681=>BE4;A?E4B71

FF11 18=72,:+4/5+1E,.41*.1*9,.1*E

>81 =AB1 57DA37A35F7A1 F@337A1 <ABAD781 9@B1 =AB1 37AB8>E4>3;1 5CA+1 /@B35CA+1 A<>B78=57>C1>3=1A8E46AE471=AB157DA37A31ABCD77A671AAB=A31

FF1 641719,612E6*9E912-6/.E

C1 =DA1 DA;A=5>AB1 C>1 <ABAE43A3+1 A>B=A1 =DA1 D??ABA3C1 CAD8E4A31 =AC1 37AB8>E4>3;8=57>C1>3=1=AC157>C1=AB1 DAB57D@31;A<D6=A71

FF1 6=<,-4/,.4=*E6*9E2N'1E912E28:-,*.,.1EE

AB1 '(ABDE471 >3=1 =DA1 A378DBAE4A3=A31 @F>CA3757D@38=57A31 ;5<A31 >8F>3?71 E<AB1=DA1@F56D857D@31>3=1=DA1BJ0A1=AB1;A8A7C7A312CD653757A1

FF1 =94E43412.12E-,R61%2*91FEA82BE

DA1 5>E41 <ADC1 /AB65>?8C@3D7@BD3;1 D31 =AB1 5B@=@37@6@;DA1 F5331 =DA1

>3=4I;DA3AA??AF7D9D7B71 D31 =AB1 DCD6537@6@;D8E4A31 5E48@B;A1 53453=1 9@31 65O>AD3=DCA81 E<ABDBE?71 AAB=A31 AB1 C21 35E41 (21 7@C<A66D+1 9531 @87A31 A71 561 .2*81 4571 8DE41 ?EB81 2CD653757C@3D7@BD3;1 5681 <A8@3=AB81 DB5F7DF5<A61 ABADA8A3181AAB=A319DAB1"E4AABA;B5=A1>37AB8E4DA=A3G1

'1 B5=13G1FAD3A165O>A<A8DA=A6>3;1

'1 B5=1G1=>BE41<87BAD?A31CD71=AB1"@3=A135E4AAD8<5BA165O>A<A8DA=A6>3;1

(28)

57ABD561>3=1A74@=A1 F$1

1 F$

'1 B5=1FG165O>A5<65;AB>3;+1=DA1CD71<6@0AC1>;A1C>1ABFA33A31D871 '1 B5=1!G1C588D9A1>8<D6=>3;19@31154387AD31>3=1(A6B;A31

FF1 86-<6/%-6.6*7/%2*91FEA82BE

1>B1(A>B7AD6>3;1=A8137CE3=>3;8;B5=A81=AB1D3;D951A>B=A1=AB1">6F>8'(6>7>3;8' 23=AM1 35E41 :,1 >3=1 " 1 7>46AC5331 53=1 "@31 .*81 53;AA53=71 ,DAB<AD187BADE471C531CD71AD3AB1E51CC17DA?1D31=A31DABDDCD6537BBA315B;D35685>C1 AD3;A?E4B7A31 "@3=A1 =A31 9A87D<>6BBA31 >3=1 @B56A31 ">6F>81 5>81 5E41 !31 "AF>3=A31 ADB=1=DA1(6>7>3;1D31?@6;A3=A1B5=A1AD3;A7AD67G1

'1 B5=13G1FAD3A1(6>7>3;1

'1 B5=1G1D8@6DAB7A1(6>7>3;8D>3F7A1

'1 B5=1FG1(6>71<D6=A71F@3?6>DABA3=A1D3DA15C15B;D35685>C1 '1 B5=1!G1C588D9A1(6>7>3;1<CA1"D@3753<6>7>3;1

FF(1 86::62,.4=*E

581 >?7BA7A31 9@31 D7AB1 7>881 35E41 "@3=DAB>3;1 D871 AD31 BB=DF7@B1 5>81 =AB1 5B@=@37@6@;DA1 ,DAB1 ;D671 =DA1 ">DD>B57D@31 5681 =A>76DE4A81 1ADE4A31 ?EB1 C>FE3?7D;A31 775E4CA379AB6>87+1 A@<AD1 =DA1 <AA8A34AD71 AD3AB1 ">DD>B57D@31 3DE471 5>?1 D5B@=@3756A1"75<D6D7B718E46DA0A316B8871756=546+156FA5B?1A71561..381

FF1 9=2+,*91*/14*E0=*EE4F412.12E6<=/,E

581 CDBF>6BBA1 /@B453=A38AD31 9@31 ?DMDAB7AB1 >F@851 >C1 =581 2CD6537571 ;D671 5681 F6D3D8E41 8D339@66+1 =51 8@1 =DA1 >8<D6=>3;1 9AB7DA?7AB1 58E4A31 <CA1 C5B;D356A1 ACA88D@3A319AB4D3=AB71AAB=A31FJ33A317(A43AFA153=1(A43AFA1F33%81>BE41=581

<CDA4A31 =AB1 ADE47AD6A1 A>B=A1 =581 /@B453=A38AD31 9@31 FAB57D3D8DAB7AB1 D3;D951

>37AB8>E471>3=1CD71T95U1@=AB1TAD3U1=@F>CA37DAB71 FF1 12448:-,*.H21E7,/5+1*/=*94126*7/.41E1EA787BE

C1 357EB6DE4A31 15431 ;D<71 =DA1 58E4A38@3=DAB>3;87DA?A1 =DA1 D8753C1 CAD8E4A31 5B;D35685>C1 >3=1 "5>CADD74A653857C1 531 C1 2CD6537571 ?A4671 =DA8A1 )58ABD38AB7D@3+1 8@1 =5881 3>B1 9@31 AD3AB1 4ACD=A8C@8@C561 5345?7A3=A31 AAA<AC538E4A77A1 ;A8DB@E4A31 AAB=A31 F5331 79538A3+1 =A1 DL31 A71 561 .2$8+1 AA6E4AB1 AD31 ;AAD88AB1 <=DE47>3;8A??AF71 C>;A8DB@E4A31 ADB=1 7(A43AFA1 53=1 (A43AFA1F33%811

"@3=DAB>3;87DA?A31 >C1 =581 2CD6537571 AAB=A31 CAD8E4A31 +$1 >3=1 %1 CC1 5681 D4I8D@6@;D8E41 53;A8A4A31 75>DBI3A3+1 5AB71 A71 561 ..FK1 (A43AFA+1 (A43AFA1 A71 561 ..*K153;+1(AB;6>3=41A71561F33%8+1A@<AD1LA135E41D3=D9D=>A66AB1"E46ADC45>7=DEFA1

(29)

57ABD561>3=1A74@=A1 F&1

1 F&

5>E41 4J4ABA1 AB7A1 5FCAD75<A61 8D3=1 1>B1 A88>3;1 FJ33A31 8@A@461 8DACDA66A1 ,53=8@3=A31 5681 5>E41 =B>EFF56D<BDAB7A1 1 A6AF7B@3D8E4A1 "@3=A31 9ABAA3=A71 AAB=A31 A@<AD1LA1CD71E513+F1'3+F$118@3=DAB71AAB=A318@6611

1>B158E4A3CA88>3;1A>B=A19@31>381AD3A1?6AMD<6A1>38787@??453=8@3=A17(6587' ' B@<A+1A378D6I+1A>78E4653=8178DA4A1<<D6=>3;1F$8+119ABAA3=A719A=A812CD6537571 A>B=A1 LA1 CA8D56+1 9A87D<>6BB+1 =D87561 >3=1 @B561 9ABCA88A31 >3=1 =DA1 D8753C1 C>C1 5B;D35685>C1D31D66DCA7AB3153;A;A<A31

1 1 1 1 1 1 1 1 1

5??FE@E7,/5+1*81//6*7E84.E14*12E6*/./.=EE+,*9/=*91EE 1

FF1 6=5<126*7E

DA1CAD87A3153ABF5337A31B?@6;8FBD7ABDA31=A?D3DABA31<ABAD781AD3A31@EFAB>3;8;B5=1 9@3115681"E4AD7AB31=A812CD653757A8176<BAF788@3+115B<1A71561.2&K1(>8AB+1(B5;;AB1 A71 561 ..3K1 95431 53=1 =W,@A=71 ..F81 54AB1 AB8E4DA31 A81 8D339@66+1 3DE471 CAD8E4A31 9AB8E4DA=A3A31 @EFAB>3;8;B5=A31 8@3=AB31 3>B1 CAD8E4A31 T2CD6537571 6@EFABU1 >3=1 T3DE4716@EFABU1C>1>37AB8E4AD=A31

FF1)1B,94=-=74/5+1E=*.2=--1E91/E:12448:-,*.H21*E*=5+1**401,6/E

DA1 /ABAA3=>3;1 9@31 J37;A3<D6=AB31 D871 D31 =AB1 D7AB57>B1 AD31 53ABF5337A81 D77A61 C>B1 (A8E4BAD<>3;1 =AB1 @88BBA31 237A;B57D@31 =A81 2CD653757A81 78D@8D7@+1 B>8@9D31 A71 561 F33$81 A;A31 =AB1 ;ABD3;A31 "7B546A3<A6587>3;1 >3=1 =AB1 J;6DE4FAD71 A<A3<A?>3=A1 C>1 AB?588A31 AD;3A71 8DE41 4DAB?EB1 =581 B74@D537@C@;B5CC1 7 81 745B@541..!81DA8A1A>B=A31D31=AB1D37AB3A31J37;A35<7AD6>3;1=AB1116D3DF1 CD71 =AC1 ABB71 T , , "1 6>8U1 7"DB@35+1 A>78E4653=81 5>?1 1 N1 )D6CA317@=5F+1"814AB;A87A6671 1>B1 (A>B7AD6>3;1=A8113@E4A33D9A5>81A>B=A31 LAAAD681=581AB87A1 135E41=AB1 DAB57D@31>3=1=5815F7>A6687A1 +1A@<AD1=DA8A81 3DE471B67AB15681AD31954B18AD318@667A+14AB53;AC@;A31D71AD3AB1J37;A3?@6DA1=AB1)DBC51

(30)

57ABD561>3=1A74@=A1 F*1

1 F*

87B51AE411F@337A153453=1=AB12CD6537576B3;A1=AB1/AB;BJ0AB>3;8?5F7@B1<A87DCC71 AAB=A31681A?ABA3CD>3F71A>B=A1=DA15DDF56A1537A1=AB1@<AB87A31"7>?A1=A?D3DAB71 9A1 CA8D561 >3=1 =D87561 A>B=A1 =DA1 D8753C1 <D81 C>C1 AB87A31 8DE47<5BA31 B5=D@6@;D8E4A31 3@E4A3'2CD653757'@375F71 D31 456<A31 D66DCA7AB31 ;ACA88A31 >3=1 =DA1 AB7A1 A378DBAE4A3=1=A81/AB;BJ0AB>3;8?5F7@B81>C;ABAE43A71

1 1

1

5??FE(@EB1E121*3:6*<.EEM2E941E2,94=-=74/5+1E=*.2=--1E 1

1

FF1112=.+1.4/5+1E912/=276*7E

DA1 9AB8E4DA=A3A31 DB@74A7D8E4A31 /AB8@B;>3;A31 A>B=A31 ;B>3=8B7C6DE41 D31

?A878D7CA3=1>3=14AB5>83A4C<5B1>37AB8E4DA=A311

(ADC1?A878D7CA3=A311543AB857C1A>B=A1AAD7AB1CAD8E4A31D3CA6FB@3A31>3=1(BEEFA31

=D??ABA3CDAB71

,AB5>83A4C<5BAB11543AB857C1A>B=A1AD3;A7AD671D31A6A8F@DA+1;A?BB87AB1"7A;+1B>3=AB1

"7A;+13@D?53FAB1>3=1@E57@B1 FF11A4*/1.33181*.EE

C1 8DB7AB1 A9A37>A66A1 37AB8E4DA=A1 <AD1 =AB1 ACACA37DAB>3;84B>?D;FAD71 C>1

>37AB8>E4A3+1 A>B=A1 CAD8E4A31 =A31 1ACA37A31 ACD'(@3=1 1 7)DBC51 ABB+1

"E4AADC8+1 ,5B95B=1 7,5B95B=1 A37561 237AB357D@356+1 A>78E4653=8+1 A6I61 3DEAC1 7!1"+1A>78E4653=81>37AB8E4DA=A31

(31)

57ABD561>3=1A74@=A1 F21

1 F2

FF11A4*/1.39,.68E

D71 ,D6?A1 =A81 D38A7C=57>C81 F@337A1 =DA1 /ABAAD6=5>AB1 =AB1 DB@74A7D8E4A31 /AB8@B;>3;1<ABAE43A71AAB=A31

FF11912/=276*7E171*<41E12E

DA1A;A3FDA?AB9AB8@B;>3;1A>B=A1>37AB8E4DA=A31D31?A878D7CA3+14AB5>83A4C<5B15681 AD6DB@74A8A1>3=14AB5>83A4C<5B15681@756DB@74A8A1

FF112=.+1.4/5+1E=8:-4<,.4=*E

(AD1?A878D7CA3=AC11543AB857C1A>B=A31?@6;A3=A31@CD6DF57D@3A31>37AB8E4DA=A3G1 '1 <>7CA371;A6J871

'1 B@3A1;A6@EFAB717=ACACA37DAB781 '1 AB5CDF5<D657C>3;1

(AD14AB5>83A4C<5BAC11543AB857C1A>B=A31?@6;A3=A1@CD6DF57D@3A31

>37AB8E4DA=A3G1

'1 <>7CA371;A6J871 '1 "E4B5><A1;A6@EFAB71 '1 "E4B5><A1;A<B@E4A31 '1 )BDF7D@389AB6>871

'1 "@387D;A1@CD6DF57D@3A31 1

581 57>C1 =AB1 @CD6DF57D@31 A>B=A1 9ABCABF71 DC1 =DA1 1AD78D533A1 CAD8E4A31 D38A7C=57>C1>3=1@CD6DF57D@31<ABAE43A31C>1FJ33A31

F1 86?S1<.401E,.41*.1*?1E2,76*7E

/@B1 =AB1 37AB8>E4>3;1 A>B=A31 =DA1 57DA37A31 ;A<A7A3+1 AD3A31 )B5;A<@;A31 5>8C>?E66A3178DA4A13453;81

1>B1 <F6BB>3;1 =A81 566;ACAD3CA=DCD3D8E4A31 ,D37AB;B>3=8+1 A>B=A1 =AB1 57DA371 8@A@461 35E41 =AC1 /@B6DA;A31 AD3A81 D5<A7A81 A66D7>81 CD71 A9A37>A66AC1 238>6D3<A=5B?156815>E4135E41AAD7ABA3166;ACAD3ABFB53F>3;A31<A?B5;71

A81 AD7ABA31 A>B=A1 5<5FF@38>C1 =@F>CA37DAB71 >3=1 D31 @38>CA37A3;B>DDA31

>37AB13+1CAD8E4A3131>3=1F31>3=1E<AB1F311D;5BA77A315C15;1AD3;A7AD671

J;6DE4A1 A=DF5CA37A3AD3354CA+1 F@337A1 =AB1 57DA371 D31 CA4BABA31 @??A3A31 37A@B7CAD6A319ABCABFA31

A8AAD7ABA31A>B=A31?@6;A3=A1>3F7A15<;A?B5;7G11 78DA4A15>E41)B5;A<@;A31DC13453;81

(32)

57ABD561>3=1A74@=A1 F.1

1 F.

'1 AE5661AD6354CA1

'1 B>3=1?EB1=DA12CD653757D@31

'1 3@E4A35>?<5>1>3=137354CA87A66A1

'1 B@74A7D8E4A1/AB8@B;>3;19@B1(A453=6>3;8<A;D331 1

C1 =DA1 DAB8J36DE4A1 (A>B7AD6>3;1 =AB1 57DA37A31 E<AB1 D4BA31 DCD653757;A7B5;A3A31 1543AB857C1>3=1=DA1 DAB57D@315318DE41C>1AB?54BA3+1A>B=A135E41?@6;A3=A31>3F7A31

;A?B5;7G1

'1 66;ACAD3A11>?BDA=A34AD71 '1 B5;AF@C?@B71

'1 A7A37D@31 '1 5>9ABCJ;A31 '1 "DBAE49ABCJ;A31

'1 A85C7AB?@6;1=AB1 DAB57D@31 '1 -874A7D8E4AB1A85C7AB?@6;1

1

DA1 (A>B7AD6>3;1 AB?@6;7A1 35E41 =AC1 "E4>63@7A38I87ACG1 1 7V8A4B1 ;>78K1 F1 7V;>78K1 !1 7V<A?BDA=D;A3=8K1%17V5>8BADE4A3=8K1$17VC53;A645?78K1&17V>3;A3E;A3=81

AB1)B5;A<@;A31A3=A7A1CD71=AB1)B5;AG1

TEB=A31"DA18DE41=DA8AB1 DAB57D@313@E4C5681>37ABCDA4A3XU1 1

F1 ,.1*9=<681*.,.4=*E6*9E/.,.4/.4/5+1E56/;12.6*7E

66A1 57A31 A>B=A31 5>?1 =AC1 )B5;A<@;A31 3@7DAB7+1 D31 =581 "757D87DFDB@;B5CC1 """1

&31AD3;A;A<A31>3=15>8;AAAB7A71 1

F1 A2E=-7/<24.1241*EEM2E1*=//,-1E28:-,*.,.1E

(,1A715617(>E4+1AD<BDE41A71561F33!819AB;6DE4A31D4BA1F6D3D8E4A31B;A<3D88A1 CD71 D37AB357D@3561 4B>?D;1 53;AA53=7A31 B?@6;8FBD7ABDA39@B8E46B;A31 51 <D81 4A>7A1 3@E41 FAD31 566;ACAD31 ;E67D;AB1 @38A381 C>1 =DA8AC1 4AC51 4ABB8E47+1 ?E4B7A31 =DA1 9AB8E4DA=A3A31 A?D3D7D@38538B7CA1 C>1 7AD681 8A4B1 >37AB8E4DA=6DE4A31 2CD653757AB?@6;8B57A31CAD8E4A31*$H'2.H1<AD1AD3AB123'"D7>'57A19@31.$H135E41&1 954BA31 76<BAF78@3'BD7ABDA31 22H+1 5AB7'BD7ABDA31 2.H+1 2,'BD7ABDA31 2$H+1 (>8AB'BD7ABDA3122H+19543'=W,@A=7'BD7ABDA31*$H81

(33)

57ABD561>3=1A74@=A1 !31

1 !3

FF1F11 A2E=-7/<24.1241*E912E324%=*E121*3EA85+*4.8,*E,*9E8+6-8,*E1BE '1 2CD6537571D318D7>1

'1 @EFAB>3;8;B5=13'1

'1 /AB7DF56AB1 3@E4A35<<5>1 3DE471 ;BJ0AB1 5681 N!1 =AB1 9AB7DF56A31 2CD6537576B3;A1

'1 9A37>A661 9@B453=A3A1 D3;D9D7D81 D871 =AB1 4AB5DDA1 C>;B3;6DE4+1 A81 <A87A4A31 FAD3A11ADE4A31AD3AB123?AF7D@31

'1 5E41$1954BA31(A6587>3;1<A7BB;71=DA1:<AB6A<A38B57A1=AB12CD653757A1*$H1 FF1F1 A2E=-7/<24.1241*E *,5+E 5-?21<.//=*E 1.E ,-FE A5-?21<.//=*DE C,2?E 1.E ,-FE

1(BE

'1 2CD6537571D318D7>1 '1 @EFAB>3;8;B5=131

'1 AD3A1DABDDCD6537BBA1B5386>CA3C1

'1 /AB7DF56AB1 3@E4A35<<5>1 35E41 1 954B1 =AB1 DA;A=5>AB1 F6AD3AB1 5681 3+FCCN954B1

'1 AD3A11ADE4A31AD3AB123?AF7D@3+1FAD3A1"E4CABCA3+1FAD3A1A>B@D574DA31 '1 5E41 $1 954BA31 (A6587>3;1 <A7BB;71 =DA1 :<AB6A<A38B57A1=AB1 2CD653757A1 2$H+1

35E4131954BA3123H1

FF1F1 A2E=-7/<24.1241*E*,5+E6/12EA6/12DE2,7712E1.E,-FE1)BE '1 2CD6537571D318D7>1

'1 @EFAB>3;8;B5=131

'1 AD3A1DAB8D87DABA3=A1DABDDCD6537BBA1B5386>CA3C1 '1 AD3A1DABDDCD6537BBA123?AF7D@31CD71D>7BD=AB1"AFBA7D@31

'1 AD3A1 DAB8D87DABA3=A31 (A8E4AAB=A31 ADA1 "E4CABC+1 )BAC=FJBDAB;A?E461

>3=N@=AB1I8B874A8DA1

FF1F1 A2E=-7/<24.1241*E*,5+E ,+*E6FE9T4=19.EA ,+*E,*9E9U4=19.E1BE '1 2CD6537571D318D7>1

'1 @EFAB>3;8;B5=131

'1 5812CD6537571=5B?1FAD3A31CAAD8AD7D;1=>BE4;A4A3=A31"D5671CD71AD3AB1(BAD7A1

;BJ0AB156813+$CC1DC1J37;A3<D6=15>?AAD8A31

'1 AB1 53;>6BBA1 3@E4A3=A?AF71 =5B?1 3DE471 CA4B1 5681 !N31 =A81 F@387B>F7D91 A3@8856A312CD6537575<8E43D77A81<A7B5;A31

(34)

B;A<3D88A1 !1

1 !

'1 DA1 ">6F>87DA?A1 =5B?1 3DE471 CA4B1 5681 %1 CC1 <AD1 F1 5>?AD353=AB?@6;A3=A31

@37B@66A31<A7B5;A31

'1 DA1 8><LAF7D9A1 (AAAB7>3;1 =A81 2CD65375781 =>BE41 =A31 57DA37A31 =5B?1 3DE471 8E46AE47AB15681!18AD317=A>78E4A81"E4>63@7A38I87AC81

FF1F1 A2E=-7/<24.1241*E*,5+E3,12.EA3,12.DEV642>*1*E1.E,-FE1BE '1 5812CD6537571D318D7>1

'1 AB1ABD@7A87S1D871F6AD3AB15681Y21

'1 81?D3=A718DE41FAD3A1DABDDCD6537BBA15=D@7B5386>CA3C1

'1 81 6DA;A31 FAD3A1 DCD653757D3=>CDAB7A31 "E4CABCA3+1 23?AF7D@3A31 @=AB1 5BB874A8DA319@B1

'1 81?D3=A718DE41FAD3A12CD653757?B5F7>B1

'1 581 2CD6537571 C>881 C>B1 DB@74A7D8E4A31 /AB8@B;>3;1 4AB53;AC@;A31 A@B=A31 8AD31

1 1

1 A271?*4//1E

F11 -4*4/5+1E*.12/65+6*7E F1F11 ,.41*.1*<=--1<.40EE

2C1 1AD7B5>C1 953>5B1 F33%1 <D81 ACAC<AB1 F33*1 A>B=A31 531 =AB1 1543F6D3DF1 D31 A;A38<>B;1!!157DA37A31CD71.F!12CD653757A31=AB1)DBC5187B51AE419AB8@B;71 DA1 D31 <<D6=>3;1 F*1 C>1 8A4A31 A5BA31 9@31 =A31 !!1 57DA37A31 C>C1 37AB8>E4>3;8CAD7D>3F71 8DA<A31 57DA37A31 3@E41 3DE471 DB@74A7D8E41 9AB8@B;7+1 $F1 57DA37A31A5BA313DE4715C1AE5661<A7AD6D;7+1=518DA19@C1,5>8C5435BC71AAD7AB<A7BA>71 AAB=A31 D31 57DA371 D871 9AB87@B<A3+1 $1 57DA37A31 8D3=1 C>C1 9ABAD3<5B7A31 ABCD31 3DE471 AB8E4DA3A31 >3=1 CAAD1 57DA37A31 A>B=A31 9@31 =AB1 37AB8>E4>3;1 5>8;A8E46@88A31 D3CD;AB1 >88E46>88;B>3=1 A5B1 4DAB<AD1 =AB1 1>8753=1 35E41

>C@BBA8AF7D@31DC1>3='+1DA?AB'+1A8DE478<ABADE4154AB1F5331=581>37AB8>E47A1 57DA37A3;>71 5681 BADBB8A3757D91 ?EB1 3DA=AB;A6588A3A1 2CD6537@6@;A31 53;A8A4A31 AAB=A312C154CA31=A81AE56681F@337A318E46DA06DE41*&17F!H8157DA37A31CD71F*!1 2CD653757A31 DC1 "D33A1 AD3AB1 "7DE4DB@<A1 35E4>37AB8>E471 AAB=A31 DA81 A378DBDE471 F2H1 =AB1 9AB?E;<5BA31 57DA37A31 DA1 BA876DE4A31 **1 57DA37A31 A>B=A31 3DE471 35E4>37AB8>E47+1 =51 <AD1 D43A31 AB4BA3=1 =A81 37AB8>E4>3;8CAD7B5>C81 CAD8E4A31 )A<B>5B1>3=1@9AC<AB1F3321FAD31AE5667ABCD3187577;A?>3=A314571

(35)

B;A<3D88A1

1 1

5??FE@E!-=;5+, F1F1 18=72,:

F1F1 1/5+-15+

/@31 =A31 D38;A85C B33AB1 (ADC1 35 7!*H81 B33AB1

;A85C7A3157DA37A3

1

5??FE@E1/5+-15 EEEEEEEEEEEEEEEE71/,8.1 1

1

@E!-=;5+,2.E91/E,.41*.1*76./E 18=72,:+4/5+1E,.41*.1*9,.1*E 1/5+-15+.12012.14-6*7E

=A31 D38;A85C71 !!1 57DA37A31 A5BA31 2.1 7$*+H81 )B5>A3 AB1 (ADC1 35E4>37AB8>E47A31 57DA37A3;>71 A5BA31 %21 7&!H 81 B33AB1 5CD71 A5B1 =AB1 )B5>A3537AD61 <AD1 =AB1 "7DE4DB@

7A3157DA37A3;>71

1

@E1/5+-15+.12012.14-6*7E91/EEEEE5??FE@E1/5+-15+.

71/,8.1*E,.41*.1*76.1/EE E 8.45+:2=?1

234567341 85793A73ABC7

DDE

FC74

3473A E

1A971 34B7

C4B34443A

5C45A57

3!"B5341 85793A73ABC7

#

9713493A E

971CA734C E

$793

!F1

!F

*+H81 )B5>A31 >3=1 %F1 7%F+.H81 5BA31 %21 7&!H81 )B5>A31 >3=1 F21

"7DE4DB@<A1 4J4AB1 5681 <ADC1

@E1/5+-15+.12012.14-6*7E912E 8.45+:2=?1E

713493A3A

971CA734C7

$793

Referenzen

ÄHNLICHE DOKUMENTE

Fachbereich Mathematik und Statistik Prof.

Universit¨ at T¨ ubingen T¨ ubingen, den 28.4.2009 Mathematisches

Abgabe bis Do, 30.10., 12 Uhr Aufgabe 1 zur Bearbeitung in der ¨ Ubung Aufgaben 2-4 zur selbst¨ andigen Bearbeitung. Im Folgenden sei K stets ein angeordneter

Bemerkung: Alle obigen Aussagen gelten auch f¨ ur reelle statt rationale

lih selbst gezeigt werden, so lange bis nur noh Axiome oder Prämissen

1. Weiter belege man mit einem Beispiel, daß in b) nicht allgemein Gleichheit

Übungsblatt zur Vorlesung SS 2017.. Theoretische Physik

Wieviele Container der Fabriken A und B muss ein Transporter laden, damit der Gewinn aus den Transportkosten m¨ oglichst groß