VERKAS Een transitie binnen de voedselproductie

!"#$%&'())*(+,-*./+/)(0/**)*(1)(23)1.)45,3167+/)(8

")*(+,-*./+/)(0/**)*(1)(23)1.)45,3167+/)

9:;:(<-+)4--*(((((":(=)(;3*>(((((;:(?/@.+-1(((((A:%:%:(&5)4+

(B)0,6-,/(CD8E

1+,02#.34%5&!"#$%&'''

=3F)/*(=66,G--FH)/1(CD8CICD8E

61789:

")*(+,-*./+/)(0/**)*(1)(23)1.)45,3167+/)

!;<;&=%>#4%%,&& & ?@@@ABCB

1;&)#&<*,5&& & ?@@@?DE? <; F+G3>%0& & ?@@HBDIH J;9;9;&:K#4>&& & ?@@@HIDB

& & & & & & & & & )*L#,>(&& ).;&8;M;&7+G30+GN & & & & & & & & & !->*.(&&& O3L;&P;&7->>+,5 & & & & & & & & & Q**.0#,(&&&&& BADB

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

!"#$%#"&''()#*+ "! !3)1.)45,3167+/)'( +,-*./+/)'( 166,G--FH)/1'( J-*+33,J-.'(0)K6.+G/@*'( 166,I

G--FH)/1.)167-+/):

%&/0?*30A+6D(

#$!%&'()*)&+!

,

-$!./(01(2)34/!56*(1!

7

!""#$%&'()*+,-..'/-*0(1 2)'+%34#".(1 5+%46/%*47)",(1

862!)3!((&!216&3)2)(9!7

8#%*6-+-'(1 9'+(/%*46:;%<(= 9'+(#'0-&'(= !'(*-:;'6(= !'(+#%*6-+-'(>%*(4'(.%*+))#.%6(=

862!)3!((&!216&3)2)(9!:

!'(?%*+))#.%6@(2'#+-:%/(A%#&-*0(B 5))#+'*(.%*+))#.%66'*(B

;$!<(2/0*(!

#=

,$!>(3?'262(&!

##

@A!B('5(!C6&)(1!)3!((&!216&3)2)(!2(!

D(13&(''(&9!##

C'/%*0(>%*('4":%+-'(7-**'*(4'(+#%*6-+-'( +;')#-'(DD E4":%+-)*(3)#(5"6+%-*%7/'(!'>'/)<&'*+(DF

862!)3!*(!E)F*16+(!D6&!((&!56&2001"

563!)&!*(!E(00+*(!216&3)2)(!&661!((&!

*??1G6C(!D01C!D6&!326*3'6&*E0?B9!

#;

2'#%*+,))#4-*0(>))#(4'(-&</'&'*+%+-'( >%*(4'(.%*+))#.%6(-*(;'+(GH*+'#*%+-)*%/( H&</'&'*+%+-)*(5:;'&'I(DJ

862!)3!*(!/66'E661/()*!D6&!*(!56&"

2001563!0A!*??1G66C!(&!H)&6&4)(('!

+(E)(*9!#I

2))#4'/'*(>%*(2'#+-:%/(A%#&-*0(DK A-*%*:-L/'(;%%/7%%#;'-4(D1

I$!J)34?33)(!

#:

7$!K0&4'?3)(!

-=

L$!M)2(162??1!

--M#-&%-#'(/-+'#%+""#(FF 5':"*4%-#'(/-+'#%+""#(FJ

:$!N('O1(H'(42)(!

-I

P$!QAA(&*)4(3!

-:

N<<'*4-O(N@(2'#6/%0(5P&<)6-"&(GQ'>)/0'*( >%*(4'(>'#4""#$%&-*0(>%*(4'(>)'46'/R >))#$-'*-*0(>))#(;'+(#"-&+'0'7#"-.(-*( 6+%4('*(#'0-)I(FB N<<'*4-O(C@(!""#$%%&;'-46:%3S(2)'46'/( JF N<<'*4-O(T@(GH*+'#*%+-)*%/(-&</'&'*+%+-)*( 5:;'&'I(>)/0'*6(UVE5TW(JX N<<'*4-O(!@(!-0-+%%/(-*+'#>-',(&'+(M;-/-<( >%*(8#%%(J1 N<<'*4-O(E@(C'#'.'*-*0(>%*(4'(.%*+))#.%6( JY N<<'*4-O(A@(Z'6'%#:;([%<(XF N<<'*4-O(Q@(!%+%&%*%0'&'*+(+%7'//'*(XJ N<<'*4-O(9@(T)*\/-:+%*%/P6'(X= !"#$%&'())*(+,-*./+/)(0/**)*(1)(23)1.)45,3167+/)(E

#$!%&'()*)&+

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

1.& /+G,& 2#4#& $%,+#.#,& R%%.*K& 0#& #L*4*5+3L"#& 2*#>%S0.-N&2%,& 9$3>#.0%$& 2#.N4#+,0& N%,& R*.U 0#,;&<#&N%,&T+G2**.T##40&$#,3#,&3>+$-4#.#,&*$& $#>&"#>&*K#,T%%.&2#.2*#.&>#& 5%%,& #,& >#&L*,3-U $+,0#.#,& [<-SS#.$%,3V& H@@B^;& 1#,& %,0#.#& $*U 5#4+GN"#+0V&R%%.&0#&4%%>3>#&>+G0&3>##03&$##.&%%,U 0%L">& 2**.&+3V& +3& 3>%034%,0T*-R;& J+#.T+G& R*.0>& 0#& 2*#03#4K.*0-L>+#& 2%,&"#>&K4%>>#4%,0&,%%.&0#& 3>%0& 2#."-+30& [O*-5#*>V& H@@B^;& J#>& 2**.0##4& 2%,&0#/#&2#.K4%%>3+,5&+3&0%>&"#>&2*#03#4&$+,0#.& N+4*$#>#.3& "*#S>& %S& >#& 4#55#,V& 0+>& 5%%>& 5#K%%.0& $#>&2#.$+,0#.0#&_`H&-+>3>**>;&

`,0%,N3&0%>&"#>&*K&0+>&$*$#,>&,+#>&$*5#4+GN&+3& *$& $#>& 3>%034%,0T*-R& +,& 0#& 2*44#0+5#& 2.%%5&

2%,& 0#& L*,3-$#,>& >#& 2**./+#,& 4+55#,& "+#.& $*U 5#4+GN"#0#,& [:+G$*,3V& K#.3;L*$V& HI& ,*2#$T#.& H@?H^;& `$& 0#/#& $*5#4+GN"#0#,& 2#.0#.& >#& 2#.U N#,,#,& /+G,& #.& $+00#4#,& ,*0+5& *$& >#& #aK#.+U $#,>#.#,;&J#>&0.%%524%N&0%>&,*0+5& +3&2**.&0#/#& #aK#.+$#,>#,&*,>T.##N>&,*5&T+G&0#&$##3>#&L*,U 3-$#,>#,;&)#&L*,3-$#,>&+3&5#R#,0&%%,&2*#03#4& 2**.& 5*#0N*K#& K.+G/#,& [:L"#4"%%3V& H@@D^& #,& 3>%%>&2##4%4&,+#>&3>+4&T+G&0#&+$K%L>&2%,&"#>&2*#0U 3#4K.*0-L>+#K.*L#3& *K&"#>&$+4+#-;&!*L"&+3& #.&0#& 4%%>3>#& >+G0& ##,& >*#,#$#,0#& 2.%%5& ,%%.& 0--.U /%%$& 5#K.*0-L##.0& 2*#03#4& 5#3+5,%4##.0& [M*4U 4#>V& H@@b&#,&\-,,V&H@??^;& )+>&5%%>&5#K%%.0&$#>& $##.&%%,0%L">&2%,-+>&0#&R#>#,3L"%K;

)#&N%,>**.N%3&+3&##,&+,,*2%>+#S&+0##&0%>&5#T.-+N& $%%N>&2%,& ##,& ,+#-R#V& #a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c#.>;&!#,&>R##0#&3>%%,&0#&N%,>*.#,&+,&#,&*$& 0#&3>%0V&R%>&0#&2*#03#4N#>#,&2#.N*.>;&Q%%.0**.& "#>& %%,>%4& N+4*$#>#.3& >-33#,& 0#& K.*0-L#,>& #,& L*,3-$#,>& R*.0>& 2#.$+,0#.0V& R%>& 4#+0>& >*>& $+,0#.&_`H&-+>3>**>&[10R%.0U<*,#3&#>&%4;V&H@@b^;&&

1#,&0#.0#&%.5-$#,>&+3&"#>&#0-L%>+#2#&0*#4#+,0#& R%%.&0#/#&N%,>**.N%33#,&2**.&5#T.-+N>&N-,,#,& R*.0#,;&10-L%>+#& +3&T#4%,5.+GN&2**.&"#>&L.#c.#,& 2%,& 0.%%524%N& 2**.& 0--./%%$& 5#K.*0-L##.0& 2*#03#4&[J#$#4V& K#.3;L*$V&HI&,*2#$T#.&H@?H^;& )**.&"#>&2*#03#4K.*0-L>+#K.*L#3&0+L">#.&T+G&0#& $#,3#,& >#& T.#,5#,&#,& 0**.&##,& #0-L%>+#2#& .*4&

*K& /+L"&>#& ,#$#,&"##S>&0#& N%,>**.N%3&K*>#,>+#& *$&$##.&0.%%524%N&*,0#.&0#&T#2*4N+,5&>#& L.#cU .#,& 2**.& 0--./%$#& 2*#03#4K.*0-L>+#& [P##-RV& K#.3;&L*$V&HI&,*2#$T#.&H@?H^;

)--./%%$"#+0& T#>.#S>& 0#.$%>#& L*$K4#a#& *,U 0#.R#.K#,&0%>&"#>&2%%N&K#.&0#X+,+>+#&%4&$##.0#U .#&0+3L+K4+,#3&,*0+5&"##S>;&',&"#>&5#2%4&2%,&2*#0U 3#4K.*0-L>+#& +3&0+>&**N&"#>&5#2%4;& `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`,0#./*#N#.3& -+>& 0#& ,%>--.N-,0#V& R+3N-,0#V& 3*L+%4#& 5#*5.%X+#V& #,& K3dL"*4*5+#& "#TT#,& 0#& N.%L">#,& 2#.#,+50& *$& ##,& +,>#.0+3L+K4+,%+.& >#%$& >#& 2*.$#,& $#>& 0#& $##.0-+0+5#& ,%%$& 61789:;& 6#.N%3& 0#& 2*#03#4K.*0-L>+#& 2%,& "#>& 4%,0& ,%%.& 0#& 3>%0V& 2#.N%3& 4#5#& N%,>*.#,& >*>& 0--./%$#& N%33#,&#,&2#.N%3&0#&%%,0%L">&2%,&0#& L*,3-$#,>& ,%%.& 0--./%$#.#& K.*0-L>#,;& )#& "**S02.%%5&2%,&0+>&+,>#.0+3L+K4+,%+.#& *,0#./*#N& 4-+0>&0%,&**N(

!"#$%&$'($)*#(,#%-.($/%0'1"2($3",$&#"'&.",'/*45$ %,$ '($ ,"/%0($ #*(6*7&#8$ %,$ '($ 3*17$ 3",$6",#**1+ 6"&&(,8$ "",$ 9(#$ 3(1&,(..(,$ 3",$ '($ #1",&%#%($ 3",$ 9(#$5(1(.'5%0'($ 3*('&(.,(#5(16$ ,""1$ ((,$.*6"".$ 3*('&(.,(#5(16$%,$:7&#(1'"7;

`$& 0#& "**S02.%%5& >#& T#%,>R**.0#,& /+G,& #.&#,U N#4#& *,0#./*#N32.%5#,& >*#5#2*#50;& 944#.##.3>&

R*.0#,& #,N#4#& T#5.+KK#,& 5#0#X+,+##.0V& 2#.2*4U 5#,3&R*.0>&#.&%,>R**.0& 5#5#2#,& *K& 0#& 2.%5#,& E!"#$%&$((,$#1",&%#%(;e&#,&E!"#$%&$((,$6",#**16"&;F;& 6#.2*45#,3& R*.0>& 0#& $#>"*0#& 2%,& *,0#./*#N& -+>5#4#50&#,&0#&.#3-4>%>#,&0+#&2#.R#/#,4+GN>&/+G,& T#3L".#2#,;& J+#.T+G& N*$#,& 0#& 0##42.%5#,& EG)$ 5(.6($7",%(1$%&$((,$#1",&%#%($#($3(1&,(..(,;FV&E!"#$ %&$ '($/%0'1"2($3",$ ((,$6",#**16"&$ %,$ '($/(**2'($ #1",&%#%($,""1$((,$'441H"7($3*17$3",$&#"'&.",'+ /*45;e& #,& f!"#$ %&$ '($9""./""19(%'$ 3",$((,$ 6",+ #**16"&$ *)$ '441H""7$ (,$I%,",=%((.$ 2(/%(';F$ %%,& T*0;&)#&2#.N.#5#,& .#3-4>%>#,&/-44#,V&,%& ##,&0+3U L-33+#V& & R*.0#,& 5#T.-+N>& *$& ##,& L*,L4-3+#& >#& 2*.$#,;&

`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c#.>V& R%>&2*45#,3&61789:&0#&>.%,3+>+#&N%,&2#.3,#44#,;

-$!./(01(2)34/!56*(1

-$!./(01(2)34/!56*(1 6**.0%>&2#.0#.&*,0#./*#N&$*5#4+GN&+3V&+3&"#>&,*U 0+5& *$&2#.3L"+44#,0#&T#5.+KK#,&#,& 0#X+,+>+#3&-+>& >#&4#55#,;&8*.>&R*.0>&#.&+,&5#5%%,&*K&0#&2*45#,U 0#& T#5.+KK#,g& 0--./%$#& *,>R+NN#4+,5V& 2*#>%SU 0.-N&#,& 3>%034%,0T*-R;&)%%.,%& R*.0>&#.&-+>5#U 4#50&R%>&##,& >.%,3+>+#& +3&#,&R%>&##,&N%,>**.N%3& +,"*-0>;

K441H"7($*,#5%66(.%,2

9%,5#/+#,&0#& T#**50#&>.%,3+>+#&%43&##,& 0--./%U $#& *,>R+NN#4+,5& R*.0>&5#/+#,V&$*#>&0#/#& >#.$& ##.3>&5#0#X+,+##.0&R*.0#,;& )#& $##3>&5#T.-+N>#& 0#X+,+>+#&+3&0+#&2%,&0#&6FUL*$$+33+#&=.-,0>4%,0& -+>& ?DbC(& )--./%$#& *,>R+NN#4+,5& +3& *,>R+NN#U 4+,5&0+#&%%,34%%>&*K&0#&T#"*#S>#,&2%,&"#>&"#0#,& /*,0#.& "#>& 2#.$*5#,& 2%,& >*#N*$3>+5#& 5#,#.%U >+#3& *$& +,& "-,& #+5#,& T#"*#S>#,& >#& 2**./+#,& +,& 5#2%%.&>#&T.#,5#,;

?*(#"L'146

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

5.*,0& #,& #,#.5+#2#.T.-+N& 2%,& S*33+#4#& T.%,0U 3>*SS#,& *$5#.#N#,0& ,%%.&K.*0-L>+#S& T*3*KK#.U 24%N&*$&0#& 2.+G5#N*$#,& _`H& -+>3>**>&>#& %T3*.U

T#.#,&[1R+,5&#>&%4;V&H@?@^;

C#"'&.",'/*45

1#,& %,0#.#& >#.$& +,& 0#/#& L%3-3& +3& 3>%034%,0U T*-R;& O*-5#*>&[H@@B^&T#3L".+GS>&0+>&T#5.+K&-+>U 5#2*#.0&+,&/+G,&T*#N&f\.*R+,5& =#>>#.&_+>+#3e;& )#& 2*45#,0#&0#X+,+>+#&+3&2%,&>*#K%33+,5(&f1#,&+,0-3U >.+#&5#2#3>+50&+,&0#&K#.+S#.+#&*S&+,&0#&3>%0&*S&$#U >.*K**4&0%>&##,& 0+2#.3+>#+>&%%,&2*#03#4& #,&f,*,U S**0& K.*0-L>e& K.*0-L##.>& #,& 0+3>.+T-##.>;& J#>& ["#.^5#T.-+N>& 0%5#4+GN3& $#,3#4+GN#U& #,& ,%>--.U 4+GN#& T.*,,#,V& K.*0-L>#,& #,& 0+#,3>#,& 0+#& 2**.U ,%$#4+GN&+,&#,&"#>&3>#0#4+GN&5#T+#0&>#&2+,0#,&/+G,& #,&4#2#.>&0+#& 2#.2*45#,3&R##.&2**.,%$#4+GN&%%,& "#>&3>#0#4+GN&5#T+#0;e& J+#.T+G&R*.0>&*,0#.3L"#+0& 5#$%%N>& >-33#,& +,>#.,#& 3>%034%,0T*-RV& T+,,#,& 0#& 3>%035.#,/#,V& #,& K#.+S#.#& 3>%034%,0T*-RV& R%%.T+G&0#& 3>%035.#,/#,&R*.0#,&*2#.3L".#0#,;& )+>& +,>#.0+3L+K4+,%+.& 4+>#.%>--.*,0#./*#N& /%4& /+L"& 2**.%4& .+L">#,& *K& 0#& +,>#.,#& 3>%034%,0U T*-R;

862!)3!((&!216&3)2)(9

862!)3!((&!216&3)2)(9

M1",&%#%(

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

-K& T#,%0#.+,5& [X+5& ?^;&1.&/+G,&T#K%%40#& $#,3#,& $#>&##,&+0##g&0#&K+*,+#.3V&/+G&3K#4#,&##,&L.-L+%4#& .*4& T+G& "#>& 2*45#,& #,& 3>-.#,& 2%,& 0#& >.%,3+>+#3&

[J#,,#$%,V& P**.T%L"&]&!+$$#.$%,V&H@?H^;&',& "#>& >.%,3+>+#2#40& R*.0#,& 2#.3L"+44#,0#& ,+2#%-3& *,0#.3L"#+0#,g&"#>&4%,03L"%KV& .#5+$#[3^&#,& ,+U L"#3$[6%,&0#.&J*#2#,V&H@?@^O

P(#$.",'&=9")

J#>& 4%,03L"%K& /+G,& 0#& 3*L+%4#& #,& #L*,*$+3L"#& K%>.*,#,&T+,,#,&0#& 3%$#,4#2+,5;&J#>&4%,03L"%K& *#S#,>&0.-N&-+>&*K&"#>&.#5+$#V&0**.0%>&"#>&2**.& ##,&T#K%%40& $%%>3L"%KK#4+GN&#,&L-4>-.##4&N%0#.& /*.5>V& R%%.%%,& T#K%%40#& 3d3>#$#,& $*#>#,& 2*4U 0*#,& [\.+#,V&H@?H^;&J#>&4%,03L"%K&+,&0#/#&>.%,U 3+>+#&R*.0>&*K&0#&##.3>#&K4%%>3&5#2*.$0&0**.&0#& #aK4*3+#2#& 5.*#+& 2%,& 0#& R#.#40T#2*4N+,5V& R%>& K.*T4#$#,&*K4#2#.>&2**.&0#&2*#03#42**./+#,+,5;& J#>&"-+0+5#&2*#03#43d3>##$& +3&,+#>&4%,5#.&"*-0U T%%.& *$& 2#.3L"+44#,0#& .#0#,#,(& J#>& 3d3>##$V& /*%43& 0#/#& %,,*& H@?I& 5#*.5%,+3##.0& +3V& N%,& +,& H@E@& 0#& T#"*#S>#& 2%,& 0#& T#2*4N+,5& ,+#>& $##.& 2**./+#,;& )%%.,%%3>& +3& 0#& R#,3& 2%,& 0#& L*,3-U $#,>& %%,& "#>& 2#.%,0#.#,& [\-,,V& H@??^;& 1.& +3& 3>##03& $##.& %%,0%L">& 2**.& "#>& $+4+#-& #,& 0#& 0--./%%$"#+0NR#3>+#;

P(#$1(2%7(

J#>& 0*$+,%,>#& 3d3>##$& +,& ##,& 3%$#,4#2+,5& R*.0>& "#>& .#5+$#$ 5#,*#$0;& J#>& .#5+$#& +3& 0#& >dK+3L"#& $%,+#.& R%%.*K& +,& T#"*#S>#3& R*.0>& 2**./+#,;& J#>&*$2%>&3>.-L>-.#,V&.#5#43&#,&K%.%U 0+5$%e3& 0+#& ##,& 2%3>& *$4+G,0& N%0#.& 2*.$#,& [\.+#,V&H@?H^;&Q%,,##.&##,&3d3>##$&,+#>&4%,5#.& +,&0#& T#"*#S>#3&2%,&"#>&4%,03L"%K&N%,&2**./+#,& *,0#.2+,0>& "#>& 3d3>##$& 3>.#33;& :>.#33& T+#0>& .-+$>#&2**.&,+#-R#&+0##c,&#,&N%,&/*R#4&2**.>U N*$#,&-+>&,+#-R#&*,>R+NN#4+,5#,V&%43&0**.&2#.U %,0#.+,5#,&+,&"#>&4%,03L"%K;

K($,%=9(&

F+#-R#& +0##c,& R*.0#,& 2%%N& *,>R+NN#40& +,& %SU 5#3L"#.$0#& .-+$>#3& 2%,& "#>& .#5+$#V& **N& R#4& ,+L"#3$ 5#,*#$0;& F+L"#3&3K#4#,&+,&*K& 0#& 2#.%,U 0#.+,5#,& +,& "#>& 4%,03L"%K& #,& K.*T#.#,& 0**.& $+00#4& 2%,& +,,*2%>+#3& +,& 0#& 2#.%,0#.#,0#& T#U "*#S>#3&>#&2**./+#,&[\.+,V&H@?H^;& )**.&,+L"#3&+,& %S5#3L"#.$0#& .-+$>#3&>#&4%>#,&*,>3>%%,V&N.+G5#,& 0#/#& 0#& N%,3& *$& >#& 5.*#+#,;& J#>&+0##& +3&0%>&/#& -+>#+,0#4+GN& 0.-N& 5%%,& -+>*#S#,& *K& "#>& "-+0+5#& .#5+$#;&)+>&$*#>&.#3-4>#.#,&+,&"#>&*$2%44#,&2%,& "#>& "-+0+5#& 3d3>##$& *S& ##,& *K,%$#& "+#.+,;& J+#.0**.& 2#.%,0#.>& "#>& "-+0+5#& .#5+$#& 0-30%U ,+5& 0%>& "#>& R##.& +,& 0#& 2#.%,0#.0#& T#"*#S>#& 2**./+#>;&

K($#1",&%#%($3",$'($6",#**16"&

)#&:"*.>&M**0&:-KK4d&_"%+,&[:M:_^&+3&/*e,&+,,*U 2%>+#V& $#>&0#&N%,>**.N%3&%43&L*,L.#>#& 2*.$;& )#& N%,>**.N%3&N%,&+,3K#4#,&*K&0#&T#"*#S>#& 2%,&0#& L*,3-$#,>& ,%%.& 0--./%$#.& 5#K.*0-L##.0& 2*#03#4;&8*.>#&2*#03#4N#>#,3&[:M:_^&$%N#,&0##4& -+>&2%,& ##,&2##4& 5.*>#.#& +,,*2%>+#V& ,%$#4+GN&0+#& 2%,&94>#.,%>+2#&M**0&F#>R*.N3&[Q%>>3V&'4T#.d&]& O%d#V&H@@E^;&J+#.*,0#.&2%4>&0#&:"*.>&M**0&:-KU K4d&_"%+,& [:M:_^;& J#>&+0##& "+#.%L">#.&+3& 0%>&0#& 2*#03#4K.*0-L>+#& 0+L">#.& T+G& "-+3& K4%%>3& 2+,0>V&

R%%.0**.&#.& /*R#4& 4#>>#.4+GNV& %43& X+5--.4+GN& ##,& N*.>#.#&%S3>%,0&*,>3>%%>&>-33#,&K.*0-L#,>#,&#,& L*,3-$#,>#,;&:M:_e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c.#,& 2%,& T#R-3>/+G,& .*,0*$& 0#& 2*#03#4N#>#,& #,& 0#& 2#.0--./%$+,5& "+#.2%,& [P%%,& ]& :+G$*,3V& K#.3;L*$V& HIh??hH@?H^;& =+G& 2#.0--./%$+,5& 5%%>&"#>& ,+#>& %44##,& *$& "#>& .#U 0-L#.#,&2%,&-+>4%%>5%33#,V&$%%.&R*.0#,&**N&0#& %.T#+03*$3>%,0+5"#0#,V& "#>& 0+#.#,R#4/+G,& #,& .#3K#L>&2**.&0#&,%>--.4+GN#&*$5#2+,5&R*.0#,&+,& %L">&5#,*$#,&[\-,,V&H@??^;&&

862!/0?*2!((&!

56&2001563!)&9

862!)3!((&!216&3)2)(9 K($B",#**16"&R$?(1#%=".$S"17%,2

)+LN3*,& )#3K*$$+#.& *KK#.0#& .*,0& 0#& $+44#,U ,+-$R+33#4+,5&"#>&+0##& 2%,&6#.>+L%4&M%.$+,5&#,& "##S>& +,& "#>& %S5#4*K#,& 0#L#,,+-$& *,0#./*#N& 5#0%%,&,%%.&0#&#2#,>-#4#&"%%4T%%."#+0;&)#&F#R& i*.N3#& *,0#./*#N#.& *$3L".+GS>& 0#& T#**50#& *,>R+NN#4+,5& >"#*.#>+3L"&+,&/+G,&T*#N&M9($?(1#%+ =".$S"17R$S(('%,2$#9($!*1.'$%,$#9($ TU&#$V(,#41W& [)#3K*$$+#.V& H@?@^;& 9%,5#/+#,& E@Z& 2%,& 0#& R#.#40T#2*4N+,5&+,&3>#0#,&4##S>&#,&0+>&K#.L#,>%U 5#& 2*45#,3& "#>& WF)1:9&.%KK*.>& !*1.'$X1/",%+ H"#%*,$Y1*&)(=#&&[H@?H^& /%4&3>+G5#,&,%%.&BCZ&+,&

H@E@V& 0%L">& )#3K*$$+#.& 0%>& 0#& *K4*33+,5& +,& 3>%034%,0T*-R& 5#2*,0#,& $*#3>& R*.0#,;& )#/#& 5#0%L">#5%,5& 4#+00#& >*>& 0#& +,>.*0-L>+#& 2%,&M9($ ?(1#%=".$ S"17V& *SR#4& 0#& N%,>**.N%3;& J+#.T+G& R*.0#,&2#.3#&5#R%33#,&2**.&0#&3>%03T#R*,#.3& *K& 2#.3L"+44#,0#& 2#.0+#K+,5#,& 0%5& +,& 0%5& -+>& 5#K.*0-L##.0;& )#& $##3>& *K>+$%4#& N%,>**.N%3& N%,&%44#&%L>*.#,&*$& 0#&K4%,>#,& >#&4%>#,&5.*#+#,& +,& 0#& 5%>#,&"*-0#,;&J+#.T+G& $*#>&*,0#.&%,0#.#& 5#0%L">& R*.0#,& %%,& R*.>#4>#$K#.%>--.V& _`HU

L*,L#,>.%>+#V& >#$K#.%>--.V& 4-L">2*L">+5"#+0& #,& 2#+4+5"#+03.+3+L*e3;& )#& N%,>**.N%3& +3& ##,& "+5">#L"&5#T*-RV& 5#T.-+N$%N#,0&2%,&%33+$+4%U >+#2#.4+L">+,5V& 0--./%$#& #,#.5+#& #,& "d0.*U& #,& %#.*K*,+L3;

Jd0.*K*,+L3&#,& 9#.*K*,+L3& /+G,& 0#& >#L",+#N#,& *$& "#>& 5.*#+K.*L#3& 2%,& 5#R%33#,& +,& 0#& N%,U >**.N%3&0--./%%$& >#& 4%>#,&2#.4*K#,;&)#/#& N-,U ,#,& %S/*,0#.4+GN& *S& >#5#4+GN#.>+G0& R*.0#,& 5#U T.-+N>;& Jd0.*K*,+L3&+3&##,&>#L",+#N&R%%.T+G&5#U R%33#,& 5.*#+#,& /*,0#.& %%.0#& [\#.+LN#V& ?DIC^;& J#>& R**.0& N*$>& 2%,& "#>& \.+#N3#& "d0.*& [jR%U >#.^& #,& K*,*3& [j%.T#+0^;& )#& 5#R%33#,& R*.0#,& *K&##,&T*0#$&5#K4%%>3>&$#>&"-,&R*.>#43&+,&R%U >#.&$#>&0#&T#,*0+50#& T*-R3>*SS#,&*$&>#& 5.*#+U #,;& )#/#& T*0#$& N%,& 2%,& 54%3R*4V& 5.%2#4V& 5#U 3>##,>#& *S& N4#+N*..#43& /+G,;& 9#.*K*,+L3& R#.N>& 2*45#,3& "#>/#4S0#& K.+,L+K#;& 944##,& R*.0#,& 0#& R*.>#43&"+#.T+G&,+#>&+,&"#>&R%>#.&5#K4%%>3>V&$%%.& 5#2*#0& 0**.&,#2#4& $#>& 0#& ,*0+5#& T*-R3>*SS#,& #.+,;& J+#.0**.& 2#.T.-+N>& %#.*K*,+L3& C@Z& $+,U 0#.& R%>#.& 0%,& "d0.*K*,L+3& [)#3K*$$+#.V& H@?@^;

C**1#(,$6",#**16"&&(,

6*45#,3& )#3K*$$+#.&[H@?@^& +3& "#>& T#4%,5.+GNU 3>#&>"#$%&R%%.&,%%.&5#N#N#,&$*#>&R*.0#,&*$U >.#,>& 0#& T*-R& 2%,& ##,& 0--./%$#& N%,>**.N%3g& 4+L">+,2%4;&J#>&2#.3L"+4&+,& 5#T.-+N&2%,& 4+L">+,2%4&&

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

=+G& 5#34*>#,& N%,>**.N%33#,& $#>& %33+$+4%>+#2#.U 4+L">+,5& R*.0>& 5#T.-+N& 5#$%%N>& 2%,& F#*,2#.U 4+L">+,5;& `,0#./*#N& "##S>&%%,5#>**,0& 0%>&K4%,U >#,& T#>#.& 5.*#+#,& *,0#.& P1)U2#.4+L">+,5& [O*.U .*RV& H@@b^;& =#K%%40#& 3**.>#,& 5*4X4#,5>#3& 2%,& "#>& /*,4+L">V& /*%43&T4%-R&4+L">& [A@@& ,%,*$#>#.^& #,& .**0&4+L">&[C@@&,%,*$#>#.^&R*.0#,& 0**.&5#U R%33#,& 5#T.-+N>& *$& >#& N-,,#,& 5.*#+#,& [)#3K*$$+#.V& H@?@^;& J#>& +3& >#5#,R**.0+5& $*U 5#4+GN&*$&0--./%$#&P1)U4%$K#,&$#>&0#/#&5*4SU 4#,5>#3& >#& *,>R+NN#4#,;& J#>& *,%X"%,N#4+GN#& *,U 0#./*#N3T-.#%-&k4%,>4%T& +3&"+#.$##& %%,&0#&34%5& 5#5%%,;& l+G& "#TT#,& N4+$%%>N%$#.3& *,>R*.K#,& R%%.2**.&k"+4+K3&P1)U4%$K#,& "##S>&*,>R+NN#40& $#>&T4%-RV&.**0V& #,& 2#.U.**0&[*,/+L">T%%.&2**.& 0#&$#,3^&4+L">;&)+>&/+G,&0#&5*4X4#,5>#3&R%%.&K4%,U >#,&5*#0&*K&5.*#+#,;&P1)U4%$K#,&5#T.-+N>&+,&0#& 4%,0T*-R+,0-3>.+#& R*.0#,&**N&R#4&`P1)e3&[`.U 5%,*&P+5">&1$+>>#0&)+*0#3^&5#,*#$0;& ',& 0#& N4+U $%%>N%$#.3&R*.0>&5#T.-+N&5#$%%N>&2%,&"d0.*U& #,& %#.*K*,+L3;& ',& 0#& .#3-4>%>#,& 2%,& k4%,>4%T& 3>%%>&0%>&#.&I@&>*>&A@&N##.&$##.&*KT.#,53>&N%,& R*.0#,& T#"%%40& $#>&2#.>+L%4&S%.$+,5& 0%,&+,& 0#& >.%0+>+*,#4#& 4%,0T*-R;& )%%.,%%3>& R*.0>& #.& 5#U /#50& 0%>& $#>& ?$H_{& N4+$%%>N%$#.& ##,& K#.3**,&}

##,& G%%.& 4%,5& H@@& 5.%$& 2#.3#& 5.*#,>#& #,& S.-+>& N%,&K.*0-L#.#,&K#.&0%5&[k4%,>4%T;,4^;&

;$!<(2/0*(

!

;$!<(2/0*(

! J#>& 0*#4& 2%,& 61789:& +3& *$& T#K%%40#& %3K#L>#,& 2%,&3>%034%,0T*-R&T#>#.&>#& *,0#./*#N#,;&J+#.U T+G&R*.0>&5#N#N#,&,%%.&"#>&3*L+%4#& %3K#L>&#,&0#& "%%4T%%."#+0&*K& >#L",+3L"& #,&X+,%,L+##4& 5#T+#0;& 1.&+3&5#T.-+N&5#$%%N>&2%,&K.+$%+.#&#,&3#L-,0%+U .#& 4+>#.%>--.;& )#/#& +,S*.$%>+#& R*.0>& %%,5#2-40& 0**.&+,/+L">#,&2#.N.#5#,&*K&"#>&3d$K*3+-$&2%,& 3P'OV& f\#2*45#,& 2%,& 0#& 2#.0--./%$+,5& 2%,& 0#& 2*#03#42**./+#,+,5& 2**.& "#>& .-+$>#5#T.-+N& +,& 3>%0& #,& .#5+*e& [/+#& %KK#,0+a& 9^V& 0##4,%$#& %%,& "#>& )--./%%$"#+03L%S#& 2*#03#4V& f)#& +,5.#0+c,U >#,& 2**.& 0--./%$#& +,+>+%>+#2#,(& N-,3>/+,,+5U "#+0V&*,0#.,#$#.3/+,&#,&5#0.#2#,"#+0e&[/+#&%KU K#,0+a& =^& #,& ##,& +,>#.2+#R& $#>& 6%,& !.%%& 2%,& f\.*R,& )*R,& !*R,e& ##,& 0--./%$#& *,0#.,#U $+,5& [/+#& %KK#,0+a& )^;& ',& 0#& 2*45#,0#& "**S0U 3>-NN#,& R*.0>& 5#>.%L">& $#>& 0#& 2#.N.#5#,& +,U S*.$%>+#&0#&*K5#3>#40#&2.%5#,&>#&T#%,>R**.0#,;&

)**.&0#&2#.N.#5#,&N#,,+3&T4##N&"#>&$*5#4+GN&*$& 0#&0##42.%5#,&>#&T#%,>R**.0#,&0**.&$+00#4&2%,&& ##,&3>%KK#,K4%,&#,&##,&T#.#N#,+,5;&',&"#>&3>%KU K#,K4%,&R*.0>&-+>5#4#50&"*#&0#&N%,>**.N%3&T+,U ,#,& "#>& 0--./%$#& #0-L%>+#& K4%,& 2%,& WF1:_`& K%3>;& O#>& 0#& T#.#N#,+,5& R*.0>& 0-+0#4+GN& *S& 0#& N%,>**.N%3& ,%%3>& 3*L+%4#& $##.R%%.0#& **N& #L*U ,*$+3L"#& $##.R%%.0#& "##S>;& 6#.2*45#,3& R*.U 0#,& +,&0#& 0+3L-33+#& 0#& K4-3K-,>#,& #,&>#N*.>N*U $+,5#,& 2%,& 0+>& *,0#./*#N& ,%0#.& >*#5#4+L">& #,& >*>&34*>&/%4&*K&T%3+3&2%,& 0#&5#2*,0#,& .#3-4>%>#,& +,& 0#& L*,L4-3+#& 0#& "**S0U& #,& 0##42.%5#,& T#%,>U R**.0&R*.0#,;& `$& 0+>& %44#3& 0-+0#4+GN&>#& $%N#,& +3&5#T.-+N&5#$%%N>&2%,& ##,&*2#./+L">#4+GN&3L"#U $%& $#>& 0#& 0+.#L>#& #,& +,0+.#L>#& +,24*#0& *K& 0#& 2*#03#4K.*0-L>+#;

,$!>(3?'262(&!

,$!>(3?'262(&

@A!B('5(!C6&)(1!)3!((&!

216&3)2)(!2(!D(13&(''(&9

`,0#.0##4& 2%,& ##,& >.%,3+>+#>"#*.+#& +3& 0%>& ##,& >.%,3+>+#& 2%%N&K%3&%L">#.%S&2%3>&>#&3>#44#,&+3;&\#U /+#,& "#>& R#.#402*#03#4K.*0-L>+#K.*T4##$& *K& 0+>&$*$#,>&5%%,0#&+3V& &+3&"#>&2%,&T#4%,5& *$&0#& >.%,3+>+#& 2%,&0#&N%,>**.N%3&>#&2#.3,#44#,;&',&0#& E>,#(1,"#%*,".$P47"",$K%7(,&%*,&$Y1*21"77*,$ ].*/".$ @,3%1*,7(,#".$ V9",2(eU$##>+,5& 2%,& H@@D& [P**.T%L"V& M.%,>/#3N%N+& ]& O#%0*RL.*S>V& H@@D^&R*.0>&#aK4+L+#>&*K&0--./%$#&2#.%,0#.+,U 5#,& +,5#5%%,;& J+#.T+G& R*.0#,& 0.+#& & N%.%N>#.+3U >+#N#,& 2%,& ##,& 0--./%$#& 2#.%,0#.+,5#,& 5#U ,*#$0;&',&0#&##.3>#&N%.%N>#.+3>+#N&R*.0>&#.&T#U 3L".#2#,& 0%>& "#>& K.*T4##$& 2%,& +,>#.5#,#.%>+*U ,#4#& %%.0&$*#>&/+G,;& )#& >+G03"*.+/*,&$*#>&R*.U 0#,& 2#.T.##0V& "#>& K.*T4##$& $*#>& ,+#>& T+G& 0#& 2*45#,0#& 5#,#.%>+#& ,##.& R*.0#,& 5#4#50;& )#& >R##0#&N%.%N>#.+3>+#N&,*#$>&"#>&T#4%,5&2%,&"#>& L*$T+,#.#,& 2%,&0#& 2#.3L"+44#,0#&,+2#%-3V&4*N%U 4#& *S& .#5+*,%4#&0--./%%$"#+0&T#>#N#,>& ,+#>&%-U >*$%>+3L"& ,%>+*,%4#& *S& 54*T%4#& 0--./%%$"#+0;& )#& 0#.0#& N%.%N>#.+3>+#N& 0-+0>& #.& *K& 0%>& ##,& 0--./%$#& 2#.%,0#.+,5& %44##,& *,>3>%%>& %43& $##.0#.#& 0*$#+,#,& $##R#.N#,& [P**.T%L"& #>& %4V& H@@D^;& )--./%%$"#+0& +3& ##,& T%4%,3& >-33#,& #L*4*5+3L"#V& #L*,*$+3L"#& #,& 3*L+%%4UL-4>-.#4#& R%%.0#,&#,&T#4%,5#,&[8%>#3&#>&%4V&H@@?g;&k#//*U 4+V&?DDCg&7*>$%,3V&?DDA^;&',&/*R#4&0#&##.3>#&%43& 0#& 0#.0#& N%.%N>#.+3>+#N& 3K##4>& T#R-3>/+G,& ##,& 5.*>#& .*4;& J#>& L.#c.#,& 2%,& T#R-3>/+G,& +,& 2#.U 3L"+44#,0#& 5#,#.%>+#3& #,& "#>& L.#c.#,& 2%,& T#U R-3>/+G,&+,&2#.3L"+44#,0#&L*,>#a>#,;

&

J#>&L.#c.#,&2%,& T#R-3>/+G,& +3&#L">#.&5##,& $%NU N#4+GN& K.*L#3;& 1#,& .#0#,& "+#.2**.& +3& 0%>& #.& *K& 2##4& ,+2#%-3& R#.N& $*#>& R*.0#,& 5#4#2#.0& *$& T#R-3>/+G,& >#&L.#c.#,;& ',& "#>&3d$K*3+-$& E](3*.+ 2(,$ 3",$ 3(1'441H"7%,2$ 3",$ '($ 3*('&(.3**1H%(+ ,%,2$3**1$9(#$14%7#(2(/14%6$%,$&#"'$(,$1(2%*F$[HIh ??hH@?HV& 9$3>#.0%$^& 3K##4>& "#>& 5#T.-+N& 2%,& 2#.3L"+44#,0#& 0+3L+K4+,#3& #,& "-,& .#4%>+#& >*>& "#>& L.#c.#,& 2%,& T#R-3>/+G,& ##,&5.*>#& .*4;&14N#& 3K#U L+%4+3>& "##S>& "+#.& /+G,& #+5#,& +,>#.K.#>%>+#& 2%,;& \-+0*&Q%44%5"&["**S00*L#,>&K4%,*4*5+#& W,+2#.U 3+>#+>& W>.#L">^& R+G3>& "#>& >#N*.>& %%,& T#R-3>/+G,& 2**.%4& *K& 0#& L*,3-$#,>(& m@(,$ =*,&47(,#$ '%($ H%=9$ (13",$ /(54&#$ %&$ 5"#$ '($ 3*('&(.%,'4&#1%($ *)$ .",2(1$ #(17%0,$ #(5((2$ H".$ /1(,2(,8$ 6",$ (1$ 7(#$ H%0,$(%2(,$9",'(,$((,$&#*60($3**1$&#(6(,$H*'"#$5($ *3(1$ ((,$ "",#".$0""1$ 2((,$ 9*,2(1$ *L$ **1.*2$9(/+ /(,On& [K#.3;L*$V& HI& ,*2#$T#.& H@?H^;& J#,N& O#+G#.& [K.*G#L>4#+0#.& M4*.+%0#^& ,*#$>& 0%>& "#>& 5.*#,& /%4& 2#.5%%,& %43& 0#& $#,3& ,+#>& T#R-3>#.& 5#$%%N>&R*.0>&2%,& "#>&2#.T.-+N&2%,& /+G,&*$5#U 2+,5;& )#& $#,+,5#,& 2%,& *2#.+5#& 3K#L+%4+3>#,& -+>& 2#.3L"+44#,0#&0+3L+K4+,#3&*K&0+>&3d$K*3+-$&2#.U 3L"+44#,& *K& 3*$$+5#& *,0#.0#4#,V& $%%.& %44#,& ,*#$#,& >R##& #+5#,3L"%KK#,& 0+#& 2#.#+3>& /+G,& 2**.& "#>& L.#c.#,& 2%,& T#R-3>/+G,& *$>.#,>& 0#& 2*#03#4K.*0-L>+#(&#0-L%>+#&#,&N#,,+3,#>R#.N#,& [X+5&H^;

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

5%,5&>#& T.#,5#,&[:+G$*,3V&K#.3;L*$V&HI&,*2#$U T#.&H@?H^;& 1#,& %,0#.&2**.0##4&0%>&0#/#& #0-L%U >+#& $#>& /+L"& $##T.#,5>& +3& 0%>& "#>& ##,& T%3+3& 2*.$>&2**.&0#& >*#N*$3>;& `K&0+>&$*$#,>&/+G,&>#& R#+,+5& "**5*K5#4#+0#,& T#/+5& $#>& 0#& "#0#,U 0%%53#&4%,0T*-RV&>#.R+G4&0#&3%$#,4#2+,5&"+#.*K& S-,L>+*,##.>& [J#$#4V& K#.3;L*$V& HI& ,*2#$T#.& H@?H^;&)#& #,+5#& $%,+#.&*$&"+#.&2#.%,0#.+,5&+,& >#&T.#,5#,&+3&0**.&4##.4+,5#,&$##.&+,&%%,.%N+,5& >#& 4%>#,& N*$#,& $#>& 2*#03#4K.*0-L>+#;& )%%.U ,%%3>&N*$>&$#,&/*&+,&%%,.%N+,5&$#>&0#&K3dL"*U 4*5+#& 2%,&"#>&#>#,&[J#$#4V&K#.3;L*$V&HI&,*2#$U T#.&H@?H^;&Q%%.*$&##>&$#,&#,N#4&.*0#&>*$%>#,& *S&5##,&$+32*.$0#& K%K.+N%e3o&)#&$%,+#.&R%%.U *K& $#,3#,& >#5#,& #>#,& %%,N+GN#,& +3&pp,& 2%,& 0#& K3dL"*4*5+3L"#& T%..+Y.#3&0+#& 0**.T.*N#,& $*#>& R*.0#,;& )**.& $##.& %LL#K>%>+#& 2%,& +$K#.S#L>#& K.*0-L>#,&/%4&#.&$+,0#.&2*#03#4&2#.4*.#,&5%%,;

@'4="#%*,$L*1$C4&#"%,"/.($K(3(.*)7(,#$

J#>&5#2#,&2%,&#0-L%>+#&$#>&%43&0*#4&0--./%%$U "#+0& >#& 5#,#.#.#,& +3& ##,& T#N#,0& S#,*$##,(& f@'4="#%*,$ L*1$ C4&#"%,"/.($ K(3(.*)7(,#F& [1:)^& [OL8#*R,V& _".d3>%4T.+50#V& J*KN+,3& ]& 7+//+V&

H@@H^;& 1:)& 0.%%5>& "#>& +,"#.#,>#& +0##& *$& K.*U 5.%$$%e3& >#& +$K4#$#,>#.#,& 0+#& L-4>-.##4& #,& 4*N%%4& .#4#2%,>& /+G,;& 944#& 0--./%$#& *,>R+NN#U 4+,53K.*5.%$$%e3& $*#>#,& 0#& 4*L%4#& *$5#2+,5V& #L*,*$+#& #,& 3*L+%4#& L*,0+>+#3& +,& %L">& ,#$#,V& 2%,0%%.& 0%>& 1:)& 2##4& 2#.3L"+44#,0#& 2*.$#,& +,& 0#& R#.#40& /%4& %%,,#$#,;& 6*45#,3& 0#& %->#-.3& 2%,&0#&0#X+,+>+#&+3&#.&$##.&,*0+5&0%,&34#L">3&##,& >"#*.#>+3L"#& 0+3L-33+#;& 1.& +3& ##,& K4%,& 2%,& %%,U K%N&,*0+5& *$&##,&2#.%,0#.+,5&+,&0#& #0-L%>+#&>#& T#R#.N3>#44+5#,& [OL8#*R,& #>& %4;& H@@H^;& Q%%.U *$&2*45#,3&0#& %->#-.3&G-+3>&#0-L%>+#& R*.0>&5#U T.-+N>& R*.0>& 2#.N4%%.0& 2%,-+>&0#& 0#X+,+>+#& 2%,& "#>&T#5.+K;&10-L%>+#& 0+#,>&>*>&##,&T#K%%40&0*#4V& $#>& %43& -+>5%,53K-,>& 0%>& 0+>& 0#& $%%>3L"%KK+G& 2**.-+>& /%4& "#4K#,;& ',& 0+>& 5#2%4& +3&"#>& 0*#4& T#U R-3>/+G,& 2**.& 0--./%%$"#+0& NR#N#,& +,& 0#& $%%>3L"%KK+GV& /*0%>&0#& R#.#40& ##,& T#>#.#& >*#U N*$3>&N.+G5>&[OL8#*R,&#>&%4;&H@@H^;

6**.&0#& G-+3>#& +$K4#$#,>%>+#& 2%,& @'4="#%*,$L*1$ C4&#"%,"/.($ K(3(.*)7(,#$ _@CK`$ "##S>& 0#& W,+>#0& F%>+*,3&10-L%>+*,%4V& :L+#,>+X+L&%,0& _-4>-.%4& `.U 5%,+/%>+*,! RWF1:_`^& ##,& 0+2+3+#& *K5#3>#40& 0+#&

/+L"& 3+,03& H@@E& ##,& 0#L#,,+-$& 4%,5& #,N#4& #,& %44##,& *K& 0+>& S#,*$##,& /%4& .+L">#,;& )#& T#4%,5U .+GN3>#& T#2+,0+,5& >*>& ,-& >*#& +3& "#>& /#2#,& 3>%KU K#,K4%,& 2**.& 0#& G-+3>#& +$K4#$#,>%>+#& 2%,& "#>& 0--./%%$"#+03&#0-L%>+#& K4%,V&"#>&f>,#(1,"#%*,".$ >7).(7(,#"#%*,$ C=9(7(e;& [WF1:_`V& H@@E^& J#>& 3L"#$%& 3>%%>&T#3L".#2#,& +,& 9KK#,0+a&_;& `K2%4U 4#,0&+3&0%>&0#&>R##&#+5#,3L"%KK#,&0+#&0#&F#0#.U 4%,03#& 3K#L+%4+3>#,&,%%.&2*.#,&T.%L">#,V&#0-L%U >+#&#,&N#,,+3,#>R#.N#,V&**N&2#.R#2#,&/+G,&+,&0+>& K4%,;

862!)3!*(!E)F*16+(!D6&!((&!

56&2001563!)&!*(!E(00+*(!

216&3)2)(!&661!((&!*??1G6C(!

D01C!D6&!326*3'6&*E0?B9

!*>&/*2#.&+3&#.&0-+0#4+GN&5#$%%N>&R%>&##,&>.%,3+U >+#&+,"*-0V&R#4N#&%3K#L>#,&#.&$##3K#4#,&#,&"*#& "#>& #2#,>-##4& $*5#4+GN& +3& *$& ##,& >.%,3+>+#& >#& 2#.3,#44#,;&\#/+#,&0#&"**S02.%%5&3K#L+X+#N&*K&0#& 3>%0& 9$3>#.0%$&+,&5%%>V&+3&#.&##,& L%3-3&%%,5#U "%%40&0+#&T+,,#,&"#>&/#2#,&3>%KK#,K4%,&2**.&0#& +$K4#$#,>%>+#& 2%,& 1:)& #,& T+,,#,& 0#& 3>%0& 2%4>g& 0#& N%,>**.N%3;& J#>& 2#.0#.#& %L">#.4+55#,0#& +0##& 2%,& 0#& N%,>**.N%3& +3& .##03& 5#q,>.*0-L##.0& +,& +,4#+0+,5&#,&>"#*.#>+3L"&N%0#.;&',&0+>&3>-N&R*.0>& T#3K.*N#,&R%%.*$&0#&N%,>**.N%3&>*#K%3T%%.&+3& +,&0#&T#**50#&>.%,3+>+#&,%%.&##,&0--./%$#&2*.$& 2%,& 3>%034%,0T*-R& +,& 9$3>#.0%$;& =+G& 0#& 2*4U 5#,0#& 0##42.%%5& R*.0>& #.& 2#.0#.& +,& 5#5%%,& *K& 0#&>#L",+3L"#&"%%4T%%."#+0;

?(1",#5**1'%,2$3**1$'($%7).(7(,#"#%($3",$'($ 6",#**16"&$%,$9(#$E>,#(1,"#%*,".$>7).(7(,#"#%*,$ C=9(7(F

)#& 2**.,%%$3>#& .#0#,& 0%>& 0#& N%,>**.N%3& 5#U 3L"+N>& +3& *$& $##& >#& "#4K#,& %%,& 0#& $*5#4+GN#& >.%,3+>+#& +,&0#& 2*#03#4K.*0-L>+#&+3&0%>&0#/#& K%3>& T+,,#,&"#>&f',>#.,%>+*,%4& '$K4#$#,>%>+*,& :L"#U $#e&2%,&"#>&WF1:_`;&9%,&0#& "%,0&2%,& 0#&/#2#,& 3>%KK#,&2%,&WF1:_`V&T#3L".#2#,&+,&9KK#,0+a&_V& 5%%>& 61789:& ##,& K4%,& 3L".+G2#,& 2**.& 0#& N%,U >**.N%3&%43&#0-L%>+#&$+00#4;&

)#& 3%&%(& 0+#& 61789:& %%,& 0#& N%,>**.N%3& R+4& 5#U 2#,& +3& $##.& T#R-3>/+G,& L.#c.#,V& 2**.%4& *,0#.& N+,0#.#,;& O#,& $*#>& /+L"& $##.&T#R-3>& R*.0#,& 2%,& 0#& 2*#03#4N#>#,& #,& 0#& **.3K.*,5& 2%,& 0#& T**03L"%KK#,& 0+#&/#&0*#,;&)+>&N%,&0**.&##,&+,U >#.%L>+#S& #0-L%>+#& $+00#4V& 0#& N%,>**.N%3V& +,& 0#& 3>%0&>#&K4%%>3#,;&l*&N%,&#.&%%,&0#&G#-50&R*.0#,& 4%>#,&/+#,&"*#&2*#03#4&2#.T*-R0&R*.0>;&&W+>&##,& *,0#./*#N&2%,& P%-.#,& P%->#,3L"4%5#.&#,& _"#.d& :$+>"&[H@@C^&T4+GN>&0%>&N+,0#.#,&0+#&$#>&5.*#,>#& %%,&0#&34%5&/+G,&5#R##3>V&T+G2**.T##40&0**.&$+0U 0#4&2%,&##,&3L"**4>-+,>G#V&K*3+>+#S&/+G,&T#q,24*#0& *K&5#T+#0&2%,&*,0#.&%,0#.#&2*#03#4N#-/#;&)**.& ##,& 2#.T#>#.0& +,/+L">& /-44#,& /#& 3,#44#.& 5#,#+50& /+G,&*$&0--./%%$&2*#03#4&>#&N*K#,;

)#&2*45#,0#&>R##&3>%KK#,&2%,&"#>&#0-L%>+#&K4%,& 2%,& WF1:_`& 3>+KK#,& "#>& T#4%,5& 2%,& *3(1.(2&#,& &"7(,5(16%,2& %%,& $#>& 2#.3L"+44#,0#& ,+2#%-3& 2%,& 0#& 3%$#,4#2+,5;& )+>& R+4& 61789:& T#.#+N#,& 0**.& 5#T.-+N& >#& $%N#,& 2%,& N#,,+3,#>R#.N#,;& J+#.&R*.0>&2#.0#.&*K&+,5#5%%,&+,& "#>&T*#N& 2%,& _%.*4d,&:>##4&f)#&"*,5#.+5#&3>%0e&[H@@b^V&R%%.+,& /+G&3>#4>&0%>&0#& >*#N*$3>&2%,&0#& 3>%0&$#>.*K*4+U >%%,3& +3;& J+#.$##& R*.0>& T#0*#40& 0%>& 0#& 3>%0& 34#L">3&##,&5*#0#& >*#N*$3>&"##S>& %43&#.&*K&2#.U 3L"+44#,0#& ,+2#%-3& R*.0>& 3%$#,5#R#.N>& #,& 0#& T#4%,5#,& R*.0#,& 5#4+GN& 5#3>#40;& )#& *2#."#+0V&

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pp,&K#.3K#L>+#S;&6*45#,3& 0#& >"#*.+#& 2%,& J#,,#$%,V& P**.T%L"& #,& !+$U $#.$%,&[H@?H^&4+55#,&#.&0.+#&+0##c,&%L">#.&0+>& T#5.+K& mL*UL.#%>+#ng& +#>3& ,+#-R3& *,>R+NN#4#,V& 3%$#,R#.N#,& T+,,#,& ##,& .#4%>+#& 2%,& 5#4+GNU R%%.0+5"#+0& #,& /#4S& 2#.%,0#.#,& *$& >#& R#.N#,& %%,& 2#.%,0#.+,5;& `K& 0#/#& $%,+#.& N%,& ##,& *,>U R+NN#4+,5& 3,#44#.& 5#S-,0##.0& R*.0#,& #,& T#>#.& *,>R+NN#4#,;& )-3& 0**.& $+00#4& 2%,& N#,,+3,#>U R#.N#,&#,&L*UL.#%>+#&R*.0#,&3>%K&H&#,&I&2%,&"#>& WF1:_`&.%KK*.>&T#.#+N>;

6**.&0#&2*45#,0#&3>%KK#,&2%,&"#>&3L"#$%&+3&##,& 5*#0&>*#N*$3>K4%,&L.-L+%%4;&J#>&+3&,**0/%N#4+GN& *$&0#&6(,,%&$#($'(.(,V&*,'(1H*(6& >#&T4+G2#,&0*#,& #,& 0+>&-K& >*&0%>#& >#& "*-0#,;& `$& 0+>&>#& T#.#+N#,& $*#>&#.&,%-R&R*.0#,&3%$#,5#R#.N>&$#>&%,0#U .#&3>#0#,& #,&##,& -,+2#.3+>#+>;&J+#.T+G&N-,,#,&0#& *,0#./*#N#.3& 2%,& k.%N>+GN*,0#./*#N& k4%,>& ]& `$5#2+,5& [kk`^& 2%,&0#& W,+2#.3+>#+>&2%,& Q%5#U ,+,5#,& 2%,& K%3& N*$#,;& l+G& 4#2#.#,& N#,,+3& 2**.& ,+#-R#& 2#.T+,0+,5#,&>-33#,&3>%0&#,&4%,0;&)%%.U T+G&3K#4#,&/#& 0#& *,%X"%,N#4+GN#&0#.0#&0+#&K%.>+GU #,& 3%$#,T.#,5>;& O#>&#4N%%.&+3&#.2**.&>#&/*.5#,& 0%>& 0#& N%,>**.N%3& 2%,&0#&5.*,0&N*$>&[P#,3>.%V& K#.3;L*$V& ?A& G%,-%.+& H@?H^;& )**.& ##,& 3%$#,U R#.N+,532#.T%,0&%%,&>#& 5%%,&$#>&##,&-,+2#.3+U >#+>&N%,& .#L#,>&*,0#./*#N&0+.#L>&+,&"#>&#0-L%>+#&

K.*5.%$$%& R*.0#,& 2#.R#.N>V& /*& T4+GS>& 0#& N%,U >**.N%3&/+L"/#4S&2#.,+#-R#,;

943& /#30#& +$K4#$#,>%>+#& 3>%K& $*#>& #.& 2(/14%6$ 5*1'(,$ 2(7""6#$ 3",$ >VM;& M.%,N& =-,>#& R#.NU /%%$&%%,&0#&W,+2#.3+>#+>&2%,& Q%5#,+,5#,& "##S>& "+#.& ##,& 2#.34%5& *2#.& 5#3L".#2#,;& F+#>& %44#& *,U 0#./*#N#.3&R+44#,& 5.%%5&0#&5#2*,0#,& 0%>%& *,4+U ,#& /#>>#,V& *$&0#& "*-0+,5& >#5#,&*2#.&N#,,+3&0#U 4+,5& >#& 2#.T#>#.#,& $*#>& %%,& 0.+#& 2**.R%%.0#,& R*.0#,&2*40%%,;&944#.##.3>&$*#>&0#&3*L+%4#V&K3dU L"*4*5+3L"#& #,& K*4+>+L*4*5+3L"#& T%..+Y.#3& R*.U 0#,& 2#.R+G0#.0;& J+#.&/%4&2##4&>+G0& +,& 5%%,& /+>>#,& *$0%>&"#>&5%%>&*$&##,&L-4>-.#4#&*$34%5&0+#&,+#>& 2##4&$#,3#,&5.%%5&$%N#,;&O#>&0#&G-+3>#&$*>+2%U >+#&#,&+,>#.#33#3&+3&"#>&#L">#.&R#4&0#5#4+GN&$*5#U 4+GN&2*45#,3&=-,>#& [H@@D^;& !#,& >R##0#& $*#>&0#& 3>.**$&2%,&N#,,+3&*K&5%,5&R*.0#,&5#/#>V& 0#4#,& $*#>&3>%,0%%.0&R*.0#,;&`*N&+3&"#>&,**0/%N#4+GN& 0%>& #.& 5*#0#& .#5#43& 5#$%%N>& R*.0#,& *2#.& "*#& N#,,+3& 0#4+,5& 5#q$K4#$#,>##.0& N%,& R*.0#,& +,& ##,& K.*5.%$$%;& J#>&R*.0>& 4%3>+5& *$& 0#/#& *$U 34%5& T+G& 0#& N%,>**.N%3&>#& $%N#,V& $%%.&0**.&3%U $#,&>#&R#.N#,&$#>&kk`&+3&"#>&4+G,>G#&$#>&%,0#.#& 0--./%$#& K.*G#L>#,& N*.>V& 0+>& T#2*.0#.>& 0#4#,& %%,/+#,4+GN;& 943& 4%%>3>#& 2**.R%%.0#,& +3& #.& ##,& K.*5.%$$%& ,*0+5& 0+#& "#>& 0#4#,& 2%,& +,S*.$%>+#& #.5& $%NN#4+GN& #,& %%,>.#NN#4+GN& $%%N>;& )+>& K.*U 5.%$$%&/*.5>&#.2**.&0%>&+,S*.$%>+#&*K&##,&#SX+U L+c,>#&#,&$%NN#4+GN#&$%,+#.&$#>&#4N%%.&5#0##40& N%,&R*.0#,;&O*L">#,&#.&K.*T4#$#,&2**.>N*$#,& +,&0#& N%,>**.N%3&N%,&0+>&3,#4&R*.0#,&0**.5#5#U 2#,&R%%.0**.&0#/#&*T3>%N#43&T+G&%,0#.#&K.*G#LU >#,& N-,,#,& R*.0#,& 2**.N*$#,V& %%,5#/+#,& %44#& +,S*.$%>+#& $#>##,&*,4+,#& T#3L"+NT%%.&N%,&R*.U 0#,& 5#$%%N>;&9%,&0+>&K.*5.%$$%& R*.0>&%4&"%.0& 5#R#.N>& 0**.&:*S>R%.#& %3&%& :#.2+L#& [:%%:^;& l*U 0.%&%%,&%44#&0.+#&0#&2**.R%%.0#,&+3&2*40%%,&N%,& '_!& #.2**.& /*.5#,& 0%>& "#>& 3d3>##$& -K& >*& 0%>#& T4+GS>&[=-,>#V&H@@D^;

6**.&0#&4%%>3>#& +$K4#$#,>%>+#&3>%KV& *$& 0#& N%,U >**.N%3& *K& ##,& 5*#0#& #,& #SX+L+c,>#& $%,+#.& >#& N-,,#,& +,/#>>#,&%43&#0-L%>+#& $+00#4V& $*#>#,& #.& 5#,*#5& =*,#1*.(&#,& (3".4"#%(&$*$#,>#,&R*.0#,& +,5#2*#.0;& _*,>.*4#3& N-,,#,& 5#$%NN#4+GN& R*.U 0#,& -+>5#2*#.0&0**.&$+00#4&2%,& '_!;&)#&#2%4-%U >+#& $*$#,>#,&N-,,#,& K4%%>32+,0#,& $#>&T#"-4K& 2%,&0#&$#,3#,&0+#&$##&"#TT#,& 5#R#.N>&%%,&0#& L*UL.#%>+#& #,& 0#& $#,3#,& 2%,& "#>& *,0#./*#NU 3>#%$;

_*,L4-0#.#,0&+3&0-3&>#& /#55#,&0%>&##,& N%,>**.U N%3&T+,,#,&"#>&+$K4#$#,>%>+#&3L"#$%&2%,&0--.U /%$#&#0-L%>+#&2%,& WF1:_`&5#K%3>&N%,& R*.0#,;& J+#.2**.& +3& "#>& ,*0+5& *$& ##,& 5*#0& T#.#+NT%%.& K%,0& >#& N+#/#,V& 0#& N%3&>#& *,>R+NN#4#,& $#>&"#>& L*UL.#%>+#& K.+,L+K#V& 5#T.-+N& >#& $%N#,& 2%,& N#,U ,+3,#>R#.N#,&#,&L*,>%L>&>#&/*#N#,&$#>&kk`;

S26A T)2B(15)&+

UO$3%&%(

=#R-3>/+G,& L.#c.#,&*2#.&0#&**.U 3K.*,5& 2%,& 2*#03#4& #,& 0#& 2*#0U 3#4N#>#,V& 2**.%4& T+G& N+,0#.#,& 0;$;2;& ##,& +,>#.%L>+#S& #0-L%>+#& $+00#4;

TO$*3(1.(2

8#,,+3,#>R#.N#,& >-33#,& 2#.U 3L"+44#,0#& %L>*.#,g& 0#& *2#."#+0V& T#0.+G2#,V& 0--./%$#& T#R#5+,U 5#,& #,& ,%>--.4+GN& 0#& L*,3-$#,U >#,;

a O$ & " 7 ( ,+ 5(16(,

& =+G& 5*#0#& 5#4+GNR%%.0+5#& 3%U $#,R#.N+,5& +3& #.& ##,& $*5#4+GNU "#+0& >*>&"#>&*,>3>%%,&2%,&L*UL.#U %>+#3g& ##,& 5*#0& S-,L>+*,#.#,0#& N%,>**.N%3&%43&#0-L%>+#S&$+00#4;

DO$ 6(,,%&$ '(+ .(,

& 6#.N.#5#,& .#3-4>%>#,& 0#4#,& +,& 3%$#,R#.N+,5& $#>& %,0#.#& 3>#U 0#,& /*0%>&0+>&#0-L%>+#2#& $+00#4& ##,& 5.*>#.& +$K%L>& "##S>& *K& 0#& 3%$#,4#2+,5;

JO$*,'(1H*(68$ *,#5%66(.%,2$ (,$%,,*3"#%(

J#>&T4+G2#,& *,0#./*#N#,& #,&2#.U N.+G5#,&2%,&.#3-4>%>#,&/%4&/*.5#,& 2**.&##,&2#.T#>#.+,5&2%,&0#&N%,U >**.N%3;& `K& #0-L%>+#S& 5#T+#0& $%%.&**N&*K&4-L.%>+#S&5#T+#0;

N O$ 2 ( / 1 4 % 6$ 3",$>VM

)**.T.#N#,&2%,& 3*L+%4#V& K3dL"*U 4*5+3L"#& #,& K*4+>+L*4*5+3L"#& T%.U .+Y.#3& /*0%>& %L>*.#,& "-,& 0%>%& *,4+,#& /#>>#,;& )+>&/*.5>&2**.&##,& 3,#44#& -+>R+33#4+,5& 2%,& +,S*.$%U >+#& R%>& 2%,& K%3& N*$>& T+G& %44#& 3>%KK#,; QO$=*,#1*.($ (,$ (3".4"#%( _*,>.*4#&0**.&'_!&5#T.-+N&#,& #2%4-%>+#3&0**.&%44#&.#4#2%,>#& %L>*.#,

862!)3!*(!/66'E661/()*!D6&!

*(!56&2001563!0A!*??1G66C!

(&!H)&6&4)(('!+(E)(*9

',& 0+>& 4%%>3>#& 0##4& R*.0>& #.& 5#N#N#,& ,%%.& 0#& 0--./%$#& "%%4T%%."#+0& 2%,& ##,& N%,>**.N%3;& '3& ##,& N%,>**.N%3& R#4& 0--./%%$g& N*3>& "#>& ,+#>& $##.&#,#.5+#&*$&2*#03#4&+,&##,&3>%0&>#&K.*0-L#U .#,&0%,&+,&"#>&*K#,&2#40o&1,&R%>&/+G,&0#&N*3>#,o

?**1'(.(,$3",$?(1#%=".$S"17%,2

J#>&.##03&5#q,>.*0-L##.0#&2**.0##4&2%,&2#.N*.U >#& 2*#03#4N#>#,3& +3& pp,& 2%,& 0#& 2**.0#4#,& 0+#& )#3K*$$+#.&[H@?@^&,*#$>;& )%%.,%%3>&"*#S>&0#& %%.0T*0#$&,+#>&4%,5#.&$##.&-+>5#K->&>#&R*.0#,& 0**.&K#3>+L+0#,V& "#.T+L+0#,&#,&$#3>3>*SS#,;&9NU

N#.4%,0& N%,& /+L"& R##.& "#.3>#44#,& >*>&,%>--.&*S& 2**.& %,0#.#& 0--./%$#& 0*#4#+,0#,& 5#T.-+N>& R*.0#,;& J#>& 5.**>3>#& 2**.0##4& 2%,& 6#.>+L%4& M%.$+,5& +3&0%>&%44#3&>#&L*,>.*4#.#,&+3g&2%,&R*.U >#4>#$K#.%>--.&>*>&_`HUL*,L#,>.%>+#V& 2%,& %T3*U

4->#& >#$K#.%>--.& >*>& 4-L">2*L">+5"#+0;& P%,0U T*-R&+,&"#>&*K#,&2#40&#,&**N&+,&0#&>.%0+>+*,#4#& N%3& T.#,5>& 0#& *,/#N#."#+0& 2%,& "#>& R##.& $#>& /+L"& $##g& "#>& 2%4>& ,+#>& >#& L*,>.*4#.#,;& )#& N%,3& *K& ##,& $+34-N>#& **53>& +3&N*.>R#5& 5.*>#.& +,& 0#& >.%0+>+*,#4#&4%,0T*-R&0%,&+,&0#&N%,>**.N%3;

J+#.*,0#.& ##,& %%,>%4& %,0#.#& 2**.0#4#,& 2%,& 6#.>+L%4& M%.$+,5& 0+#& )#3K*$$+#.& [H@?@^& *KU K#.>(

●&&&&&&&k.*0-L>+#&2%,&5#R%33#,&HA&--.&K#.&0%5& "#>&"#4#& G%%.&.*,0;& )#& >.%0+>+*,#4#&4%,0U T*-R& +3& %X"%,N#4+GN& 2%,& G%%.5#>+G0#,;& J#>& +3& %44##,& $*5#4+GN#& *$& +,& T#K%%40#& 3#+/*#,#,V& T#K%%40#& 3**.>#,& 5#R%33#,& >#& **53>#,;& )**.0%>& "#>& N4+$%%>& +,& 0#& N%,>**.N%3& 2*44#0+5& 5#3>--.0& N%,& R*.U 0#,V&+3&"#>&$*5#4+GN&*$&0#& *KT.#,53>#,& >#& $%a+$%4+3#.#,& *S& #,N#4& 0#& "*#2##4U "#+0&>#&K.*0-L#.#,&R%%.&2.%%5&,%%.&+3; ●&&&&&&&J#>&R%>#.5#T.-+N&N%,&+,&0#&N%,>**.N%3&

$#>& C@& >*>& R#4& DEZ& >#,& *K/+L">#& 2%,& >.%0+>+*,#4#&4%,0T*-R&2#.$+,0#.0&R*.U 0#,;&)**.&$+00#4&2%,&"#>&>*#K%33#,&2%,& "d0.*U& #,& %#.*K*,+L3& N%,& +,& "#>& 5#34*U >#,& 3d3>##$& 2%,& 0#& N%,>**.N%3& +,& "#>& #a>.#$#& 5#2%4& *K4*K#,& >*>&DEZ&$+,0#.& R%>#.5#T.-+N;&',& 0#& N%,>**.N%3& N%,&"#>& %S2%4R%>#.& ,%& X+4>#.+,5& R##.& *K,+#-R& 5#T.-+N>& R*.0#,;& )+>& +3& R#0#.*$& ##,& 5.**>&2**.0##4;&6%,&%4&"#>&R%>#.&0%>&0#& $#,3& 2#.T.-+N>& 5%%>& ,-& C@Z& ,%%.& 0#& >.%0+>+*,#4#& 4%,0T*-R;& 6%%N& +3& "#>& /*& 0%>& R%>#.& ,%0%>& "#>& 5#T.-+N>& +3& +,& 0#& >.%0+>+*,#4#& 4%,0T*-R& 2#.2-+4>V& R%%.U

0**.&"#>&+,& %,0#.#& 5#T+#0#,& 0+#& +,& ##,& 4%5#.& 3>.**$5#T+#0& 4#2#,& ,+#>& $##.& T.-+NT%%.;

●& & & & & & &O##.&L*,>.*4#& *K&2*#03#42#+4+5"#+0;& l*%43&"+#.T*2#,& 2#.$#40& +3&0#& N%,>**.U N%3&##,&5#34*>#,&3d3>##$;&O#>&0#& "-+0+U 5#& >#L",+#N#,& +3& $#,& +,& 3>%%>& %44#3& >#& L*,>.*4#.#,V& R%%.0**.& $#,& *K& >+G0& /+#>& R%,,##.&"#>&5.*#+K.*L#3& 2%,& 5#R%33#,& T+G5#3>--.0& $*#>& R*.0#,;& ',& ##,& N%,U >**.N%3& N%,& ##,& 0-TT#4#& 0#-.& R*.0#,& +,5#T*-R0& *$& +,S#L>+#3& >#& 2**.N*$#,;& Q#.N,#$#.3&2%,&0#& N%,>**.N%3&N-,,#,& T#3$#>>+,5& >#5#,&5%%,&0**.&>#&0#3+,S#LU >#.#,V& R#.NN4#0+,5& >#& 0.%5#,;& k%.%3+#U >#,V&K#3>#,V&2+.-33#,&#,&T%L>#.+c,&/-44#,& -+>& 0#& 5#R%3K.*0-L>+#& 2#.0R+G,#,;& Q%,,##.&/+G&>*L"&*,>0#N>&R*.0#,&/-44#,& /#& $%NN#4+GN& N-,,#,& R*.0#,& +,5#U 0%$K>;&1.&N%,&0-3&5#N*/#,&R*.0#,&2**.& ##,&/##.&3>#.+#4#&*$5#2+,5V&R%%.0**.&0#& N%3&+#>3&R#5&N%,&"#TT#,& 2%,&##,&+,>#,U 3+2#&L%.#;

)+>& /+G,& 0#& 2**.0#4#,& #,& $*5#4+GN"#0#,& 0+#& )#3K*$$+#.&[H@?@^&+,&/+G,&T*#N&T#"%,0#40; 94& $#>& %4& /+G,& #.& $*5#4+GN"#0#,& *$& ##,& N%,U >**.N%3&0--./%%$& >#&.#%4+3#.#,;& )+>& +3&$*5#4+GN& R%,,##.& $*0#.,#& >#L",+#N#,& /*%43& "d0.*K*U ,+L3& #,& %#.*K*,+L3& +,& L*$T+,%>+#& $#>& `P1)e3& R*.0#,&5#T.-+N>;

S%,",=%-.($9""./""19(%'

)#& N%,>**.N%3&+,& /+G,&"-+0+5#& 2*.$&2%4>&,+#>&*K& 5.*>#& 3L"%%4& >#& L*,L-..#.#,& $#>& >.%0+>+*,#4#& 4%,0T*-R&[)#3K*$$+#.V& H@?@^;&933+$+4%>+#2#.U 4+L">+,5&#,&%,0#.#& L.-L+%4#& $#>"*0#,&/+G,& 0--.;& k4%,>4%T& 5##S>& %%,& 0%>& +,& 0#& >*#N*$3>& `P1)e3& 5*#0N*K#.&/-44#,& R*.0#,V& /*0%>&0#&N%,>**.N%3& #L*,*$+3L"& 2**.0#4+5#.& /%4& /+G,;& 6%,& !.%%& [H@?I^& /#5>& +,& ##,& 0+5+>%%4& +,>#.2+#R& [/+#& %KU

K#,0+a& )^& 0%>& K.*G#L>#,& +,2#,>+#S& $*#>#,& *$U 5%%,& $#>& 0#& $*5#4+GN"#0#,;& )#& 9$3>#.0%$3#& 0--./%$#& *,0#.,#$#.& %02+3##.>&##,& .-+$>#&>#& 2+,0#,& 0+#& "**5& 5#,*#5& +3& *$& $##.0#.#& 4%5#,& *K& #4N%%.& >#& T*-R#,V& T+G2**.T##40& ##,& *-0#& 3L"##K34**03;&`K&0+#&$%,+#.&R*.0>&2**.&$H_&T#U

>%%40& #,& $I_{& 5#T.-+N>;&9,0#.3&+3&##,&N%,>**.N%3&}

$#>& 0#& "-+0+5#& 0-.#& P1)U4%$K#,& #L*,*$+3L"& ,+#>&.#,0%T#4V&%40-3&6%,&!.%%;&

6**.& 0#& X+,%,L+c4#& "%%4T%%."#+0& "##S>& 61789:& 5#N#N#,& ,%%.&##,& 3K#L+X+#N& 5#2%4& 2%,& ##,& N%,U >**.N%3&*K&0#&)%$& +,&9$3>#.0%$;& )#& -+>#+,0#U 4+GN#&N*3>#,& 2**.&0#& N%,>**.N%3&*K&0#& )%$&N*U $#,&K#.&G%%.&,##.&*K& rBC;E@@& #,& 0#& *KT.#,53>& +3& *,5#2##.& rb@;@@@& K#.& G%%.;& )+>& 5##S>& ##,& R+,3>&2%,&+#>3&$##.&0%,&r?E;@@@&K#.&G%%.;&)+>&+3& T#.#N#,0&0**.&0#& N*3>#,&2%,& "#>&N%,>**.K%,0V& 0#&#,#.5+#.#N#,+,5&2%,&0#&4%$K#,&#,&0#&%,0#.#& T#,*0+50"#0#,& [%%.0#V& K*>G#3& #,& /%%0G#3^& T+G& #4N%%.&*K& >#& >#44#,;& )#& 5#"#4#& T#.#N#,+,5& +3&>#& 2+,0#,& +,& %KK#,0+a& 1;& 61789:& "##S>& 5#N*/#,& 2**.& ##,& >*>%%4&*KK#.24%N& 2%,& ?H@& $H_&2**.&0#&

N%33#,V& /*0%>& #.& ,*5& 5#,*#5& .-+$>#& *2#.T4+GS>& *$&2%,&"#>&K%,0&##,&4#-N#&4##.*$5#2+,5&>#&$%U N#,;& 1.&+3& 5#N*/#,&2**.&2+GS& 4%5#,V& /*0%>&#.&5#U ,*#5&.-+$>#&*2#.T4+GS>&*$&+,&0#&N%33#,&>#&N+GN#,;& 1.&/+G,&,+#>&$##.&4%5#,&,*0+5V&*$0%>&#.&T#5.**>& +3& *K& *,5#2##.& >R##& N.*KK#,& 34%& K#.& 4##.4+,5& 2%,& 5.*#K& C& *S& b& K#.&G%%.;& )#& 34%& 2%,& 61789:& N*3>& rHVE@& K#.&34%N.*K;& `K& 0#/#& $%,+#.& R*.0>& "#>& ,+#>& >#& 0--.& 2**.&0#& 4##.4+,5#,& #,& N%,& 0#& N%,>**.N%3&0.%%+#,0#& &R*.0#,&"*-0#,;&)#&N#-3& 2**.& 4##.4+,5#,& 2%,& 5.*#K& C& #,& b& N*$>&-+>&"#>& *,0#./*#N& 2%,& P%->#,3L"4%5#.& #>& %4;& [H@@C^;& )%%.+,&+3&*,0#./*L">&0%>&>-33#,&0#&?@&#,&?H&G%%.& "#>& T#3>#& $#>&>-+,+#.#,& N%,& R*.0#,& T#5*,,#,;& 7*,0& 0#/#& 4##S>+G0& +3&0#& N%,3& 0%>& 0#& 4##.4+,5#,& 4%>#.&0--./%$#.&5%%,&4#2#,&"#>&5.**>3>;&