文档内容
!"!#$% *(<4@7K/867480/1@A 62FF8677481@A K/)
+(U29A =@3B( ,(Q/@48@K( -(,2D@1@M(
!!P%* .vw$d5%# x"% $%
$%$&#$%$’ ()*+),-./0#!+"
#(<4@74@MM8A8K 7/7481@A D86789K@D)
+(.8O8??5??( ,(.8F/72M ?@78( -(.8?/67@F@18(
;(<4D0@67480/1@A 2A4@MMD)
&!’
+(N76A/08K 48@L5?D( ,(I481@K86/181567@B86( -(U4859M?@D896@378K =@K?D(
"%(<4@7@987486M8@B8967@?B5AF@=/27)
+(U4878995=?808@7489( ,(+6M/9761@734( -(+O//7=@??78@1(
()*+!
!!P%# .vw$d5%"" x") $%
"(!"#!$%&’()*+,-"$%./01234!"56!7($%.89:;
""(<4@75609/AF0574 748/9K89)
<1!"56+=>?@# +(U48A21=89( ,(U483/?/9( -(U48085F47(
$(A!BC"D!BEFG"!HI!JKLM!"5NO"P+!HQ.RS# TU "$(<4/56G9(V/3B)
VW!JXYZ[\I!]BR^_!HQ.# A!‘BC"D!(!H01!"5 +(U481@A( ,(U480/1@AH6O958AK( -(U480/1@AH6426=@AK(
")(<4@7567480/1@AH6M?@A)
6# 01a236bc#
+(U/1887489345?K( ,(U/3@A38?748/9K89( -(U/7@B8@M?@A8(
)($2deI!(a234!"5f7gA#
!!P%; .vw$d5%"P x"’ $%
"P(<4@71@B867480/1@A F5L82M 7488?8379533@9)
,-./!01"234#5/)% /$ +(N7568CM8A65L8( ,(N756/27/OK@78( -(N75661@??(
1$2$345678#9:% ;<=>?@A$B4C $ DEF2G4#9:F56 "&(./01234 05??7480/1@A M@D5A 7/7@?)
HIJ5$K:% +(y)#( ,(y*’( -(y";%(
%+L!’& M$&NM$"(& D$OD*(& D" "’(<4@7K/867481@A @6B 7480/1@A 7/K/@7/A38)
PQR& .ST% N.STAC+UM$$V$WXYF +’,’-ZU[\W[]^_ +(W@D7483/67( ,(I5FA 489A@18( -(T8@L8489M4/A8A21=89(
[\% P‘N.STA$BaC"% bEF2Gcd5CeM$fghQ+M$% N.ST !!P%"% .vw$d5%"* x$% $%
ih+j% "*(./0?/AFK5K 577@B87/O?DO9/1X80Y/9B 7/G5@15)
k(./01234 5674864597) +(+=/27$ 4/296( ,(+=/27) 4/296( -(+=/27& 4/296(
+(:";("&( ,(:;("#( -(:;("&( "#(<4DK5K 7486M8@B89F/7/G5@157/6M8AK 4564/?5K@D)
56l -% +(U483/670@6?/0( ,(U48L5800@6=8@275O2?( -(U4808@74890@6O5A8(
"(<4534 62=>83705??7480/1@A 0/9B /A A8C7) ";(<4898K5K 7486M8@B898@7=98@BO@67)
+(.567/9D( ,(EAF?564( -(G@74( +(NA 7484/78?9//1( ,(NA 748K5A5AF4@??( -(Z27K//96A8@9@M//?(
$(<4@756748=@=DH6A@18) $%(<48A K5K 7486M8@B89F/K@A35AF)
+(I26@A( ,(J/4A( -(E15?D( +(NA 7481/9A5AF( ,(NA 748@O789A//A( -(NA 7488L8A5AF(
)(<4898K/867483/AL896@75/A M9/=@=?D7@B8M?@38) ,6./!78"234#5/&% /$
+(NA @64/MM5AF38A789( ,(NA @3/OO8864/M( -(+74/18( %+L!’"& M$&NM$$(& D$OD)*(& D"
P(<4@756748M9/=@=?898?@75/A645M =87088A 7486M8@B896) ghQz{|$VN$XYF +’,’-f R}U[\W$[]^_[\$~85$K:
+(G/7489@AK 6/A( ,(I56789@AK =9/7489( -(Q25K8@AK 7/29567( 4(cid:127)\I(cid:128)%
&(<4@7K5K 7481@A K/7456@O789A//A) !
+(.8L56578K 456M@98A76( ,(.84@K 4563@93?8@A8K( -(.8K5K M@5A75AF0/9B( +2679@?5@4@61@AD5A7898675AF745AF6O/979@L8?8967/K563/L89(U45668L8A[K@D>/29A8D05??
%mL!’"& M$&NM$"(& D$OD$$(& D" F5L8D/2 @34@A387/K563/L892A5\2805?K?5O8@AK 7@678O5A805A86!(cid:129)" @78L89D729A 5A
PQR& .STnop% N.STnopACqUM$$ V$WXYF +’,’-ZU[ ,956=@A8$ 7483@M57@?357D/O]288A6?@AK(<8H??687/27O9/1IDKA8D@AK 7@B8@795M 749/2F4 X80
\W[]^_[\% PN.STnopr$ B4C2GghsUM$$ NM$& bE&P‘ I/274 <@?86(<8@?6//OO89@33/11/K@75/A!(cid:130)(cid:131)" 5A @?2C29D392568645M(.898@986/18
A$sM$Y]& bEFt52G% N.STnophuj% 5AO/91@75/A /O748795M(
P%’ .vw$d5%’’* $% "#$ %( &’()*+,"9:$ -.,*/#+0*+12-$+
’(<4@7@987486M8@B896K/5AF) I7@970574 @L56577/7480/9?K[O@1/26IDKA8DZM89@./268#=//B @F25K8K 7/297/?8@9A
+(R95L5AF/A 7489/@K( ,(S5??5AF2M 7483@9( -(T//B5AFO/9@O@914/268( @=/275768C38??8A767D?8(U@B8@0@?B @9/2AK U48V/3B6#IDKA8DH64567/9530@789O9/A7
!"#$!%" &!’# &" !"#$!%$ &!’# &"
书书书A85F4=/94//K(T/3@?F25K8605??64@9867/9586@=/275764567/9D( $P(<4@779/2=?8K 748@274/9H6O958AK 7481/67)
"#$ 3( 4,56#7-),"/89-,+:#)),$ +(I484@K A/75187/L/?2A7889(
<8H??F/7/G898087489Z38@A ,@746#X803@67?8H6?@9F867/38@A M//?(Y/2 3@A 6051$ ,(I4874/2F4748968?O2A@=?87/48?M /74896(
-(I483/2?KAH7F875A 7/234 0574 7483/112A57D(
62A=@748$ /9651M?D4@L8@986774898(NA 748@O789A//A$ 08H??F/7/748.2A789^@??8D$ /A8/O
R(I480@6AH7@=?87/?5L808??=83@268/O5??A866(
+2679@?5@H6O@1/2605A8M9/K235AF@98@6(U48.2A789^@??8D/OO8961@AD05A895867/L5657(Y/2
$&(<4DK5K 748@274/978??74867/9D/O748D/2AF1@A)
3@A ?8@9A @=/2774805A8[1@B5AF7834A/?/FD@AK 7@678@L@9587D/O?/3@?05A86(
+(U/62MM/97456L580( ,(U/M9@568748D/2AF1@A(
"#$ ;( <$+*9<#$
-(U/64@98@O2AAD8CM8958A38( R(U/@6B 456O958AK 7/48?M 7481@A(
U/K@D$ 08H??4@L8@04/?8K@D4898(Y/2 3@A F/7/-@M8,D9/A T5F474/2685A 7481/9A5AF
$’(<4@71@K8748D/2AF1@A ?5L8/A)
7/6887488@9?586762A9568@AK F/7/U@??/0,8@34 7/8A>/D629O5AF(
+(+O98895K85A @3@9( ,(+679@AF89H6O958AK?D@37(
"#$ =( <+270#9,
-(.56K98@1/OO5AK5AFM?8@6298( R(.56O958AKH68A3/29@F5AF0/9K6(
<8H??48@K 7/G/987/A N6?@AK$ 04898D/2 3@A 8CM8958A38748@375L57D/OO88K5AF05?K
$*(<4534 6@D5AF=8671@73486748@274/9H6@KL5387/4568?K89?DO958AK)
K/?M45A6#98181=897/=//B 748M9/F9@1753B87O59677/6@L8D/297518(Y/2 3@A @?6/7@B8M@97 +(G@AD4@AK61@B8?5F470/9B( ,(+375/A66M8@B ?/2K8974@A 0/9K6(
5A L@95/260@789@375L57586( -(+?577?8B5AKA866F/86@?/AF0@D( R(+O958AK 5A A88K 56@O958AK 5AK88K(
<@A77/F87748K87@5?8K M?@A) Q875A 7/234 0574 26A/0, 1
$"(<4898K/86748795M 67@97) I358A756767//B @L5K8//O75F8964@9B6@AK /38@A530457875M 64@9B6M8@38O2??DO88K5AF7/F87489
+(NA IDKA8D( ,(NA ]288A6?@AK( /A @K8@K @A51@?$ 04534 15F474@L8?8K 7/@M/665=?8O5F47(+AK A/09868@934896@988CM8375AF7/
-(NA ,956=@A8( R(NA X80I/274 <@?86( BA/004D(
I4@9B68@75AF7/F87489564@9K?D688A$ =276358A756766@074865F47!(cid:134)(cid:135)" /OO7483/@67/O
$$(<4@73@A L5657/96K//A R@D))
.@0@55H6,5FN6?@AK(U//29BA/0?8KF8$ 745656748O5967672KD7/983/9K 7486870/7DM86/O64@9B6
+(U9D1@B5AF05A86( ,(EA>/D@62A9568(
O88K5AF7/F87489(
-(V8?@C5A @M//?( R(T8@9A @=/27748?/3@?4567/9D(
U48672KD5A !"#$%&’"()$* !&(+ ,-&’$-’6@D6@7?8@67"$ 64@9B6#70/7DM86$ 75F8964@9B6@AK
$)(<4@75662FF8678K @=/27O88K5AF05?K @A51@?6)
/38@A530457875M 64@9B6#O8K 5A @\25870@D(_62@??D$ 64@9B6?5B87/=8?/A8?D42A7896!(cid:136)(cid:137)(cid:138)"(
+(+L/5K5AF7/2345AF7481( ,(+995L5AF@7748M?@388@9?D(
U48DM98O897/O88K @?/A8(I/7489868@934896089898@??D8C3578K =D748O@3774@78L89D/A868818K 7/
-(T5678A5AF7/748F25K83@98O2??D( R(,2D5AF753B876@48@K /O7518(
=8F8775AF@?/AF98@??D08??@7748O88K5AFF@74895AF(
<
+M@97O9/1748O@3774@77486870/7DM86262@??D42A7@AK O88K @?/A8$ 748D@98L89DK5OO898A7(
+A 8?K89?DO958AK 09/78189838A7?D(I480@60/9958K @=/27489O@5?5AF48@?74(,2704@7
Z38@A530457875M6$ @674859A@1862FF8676$ @98/38@A53#18@A5AF748D?5L85A /M8A$ K88M 0@7896
79/2=?8K 4891/670@674@76480@6A/?/AF89@=?87/L/?2A7889@AK 48?M 4893/112A57D7480@D648 O@9O9/13/@676$ 9@748974@A A8@964/98?5A86(U48D68?K/167@D5A /A8@98@=271/L8@9/2AK @?/7
268K 7/(+77488AK /O748?87789$ 648@6B8K 18$*<4@73@A NK/7/1@B874560/9?K =87789@7 @39/66?@9F8M@976/O748/38@A$ 045?875F8964@9B6?5L85A 3/@67@?@98@6@??D8@99/2AK(,27M8/M?8
1D@F8)+ 6@074@774864@9B6H6/35@?0@D6?87748164@9874818@?M8@38O2??D(,8O/98$ 74870/08984@9K?D
N09/78489=@3B 74@78L89D?577?8745AF648K5K 3/2?K 1@B874560/9?K =87789$ @AK 74@78L8A >267 7/F874895A 6M@38@AK 7518(
@615?83/2?K 34@AF8@?5O8(N64@98K @67/9D74@7N98@K(+D/2AF1@A 4@K A8@9?DF5L8A 2M /A ?5O8( U48980@66/18745AF?5B8@*6/35@?/9K89+#571/67?DK8M8AK6/A 4/0=5F74864@9B6@98(U48
672KD64/0664@9B6@98A/7@6K@AF89/26/918@A @61/L586/O78A 6@D(U4898089874988M8/M?85A
.84@K =83/186/O5??8K 0574 6@KA86674@748O8?74/M8?866@=/27?5O8(<48A 0@?B5AF4/18$ 48
7480@789983/9K5AF74568L8A7/A 3@189@O/9/L8985F47@AK @4@?O4/296(+AK @7A/M/5A75A 7518K5K
67/MM8K @7@3/9A897/0@57O/9@3@97/M@66(+67483@9K9/L86?/0?D=D$ 7480/1@A =845AK 748
@AD64@9B6@375A @A 2AO958AK?D0@D7/@AD/O748M4/7/F9@M4896(
0488??//B8K K59837?D@7451@AK F@L8451@42F8615?8(U4@7615?80@66/0@91@AK 6/3@95AF74@7
V868@9348964/M874566M835@?8L8A7F5L86M8/M?8@1234[A88K8K 0@D7/68864@9B6(N7F/86
571@K8451=8?58L8748980@6675??6/18F//KA866?8O75A 7480/9?K$ @AK 48K835K8K A/77/F5L82M$
@F@5A6774818@A 5K8@6@=/2764@9B674@718K5@/O78A 64/06(+77486@187518$ 748D0@A7M8/M?87/
=277/?5L857O2??D@F@5A(
986M837!(cid:139)(cid:140)" 74864@9B6H6M@38@AK A/71@B87481@AF9D/92M6877481(
N7/?K 1DO958AK 74@7045?808@??79D7/K/=5F745AF65A 74560/9?K$ 5756@372@??D748?577?8
$#(./0K/7489868@934896L58074865F47)
745AF608K/8@34 K@D74@71@B8@K5OO898A38(+64@98K 615?8$ @3@95AF0/9K /9@A @37/OB5AKA866
+(-/11/A( ,(R@AF89/26( -(<8?3/15AF( R(I29M9565AF(
3@A @??48?M 7/3/1O/97@48@97$ 2M?5O7@6/2?!(cid:132)(cid:133)" @AK 34@AF8@?5O8(NA 7488AK$ 575674868745AF6
$;(<4@73@A 08BA/0@=/2774870/7DM86/O64@9B6)
74@734@AF87480/9?K @AK 26(EL89D@37/O?/L8$ A/1@77894/061@??$ =95AF64@MM5A8667/748
+(U48D/O78A ?//B O/9O//K 5A F9/2M6(
0/9?K(+AK A//A8568L897///?K 7/64@987481( ,(U48D262@??D?5L85A K5OO898A768@@98@6(
+AK 048A 08?/L8$ 0805??4@L8>/D@AK 0805??48?M /74896(X/@37/OB5AKA866567//61@??( -(U48D3@A 8@65?D4@91M8/M?83/15AF7/7481(
EL8A 74861@??867615?83@A 34@AF8@?5O8( R(U48D?5B87/1/L8@9/2AK @?/7@39/66748/38@A(
!"#$!%) &!’# &" !"#$!%P &!’# &")%(<4@75674818@A5AF/O748672KD) )P(<4@7K/86M@9@F9@M4 & 1@5A?D7@?B @=/27)
+(N73@A 34@AF8M8/M?8H6/M5A5/A6/A 64@9B6( +(U48M/665=?8268/O1//A 6/5?( ,(<4D)RM95A75AF0574 1//A 6/5?56A88K8K(
,(N73@A 78@34 M8/M?8@=/2764@9B6H?5O867D?8( -(U480/9B 748,957564 6358A756705??3@99D/27(R(./07486@1M?805??=8268K 7/M9/K238Z(
$
-(N73@A 0@9A M8/M?87/67@D@0@DO9/1=5F64@9B6( )&(<4@7K/867482AK89?5A8K 0/9K *8C83278+ 5A M@9@F9@M4 ’ 18@A)
R(N73@A 48?M 6358A756763@99D/27O2974899868@934 /A 64@9B6( +(G8A75/A( ,(-483B( -(N1M9/L8( R(V8@?5a8(
)"(<4534 /O748O/??/05AF3@A =8748=867757?8O/974878C7) %mL!’& M$&NM$$(& D$OD"$(& D"
+(NA7898675AF( I4@9B6+98AH7IB5??O2?.2A7896 (cid:146)(cid:147){|=>$V{|AF[\W[](cid:148)(cid:149)(cid:150)(cid:151)p(cid:152)F^_[\$~85$K:4(cid:127)\
,(I4@9B6( +A51@?6U4@7W8/M?8‘A/0T577?8@=/27 I(cid:128)% [\WCu\(cid:153)(cid:154)(cid:155)[\%
-(+1@a5AF( U0/UDM86/OI4@9B6EA>/DS//K U/F87489 NOD/2H98@672K8A704/4@6@M@97[7518>/=$ D/2 1@DO5AK =@?@A35AF!(cid:156)(cid:157)" 634//?@AK 0/9B @
R(!"#$%&’"()$* !&(+ ,-&’$-’( +G@F@a5A8/A Z38@A +A51@?6 =57679866O2?@775186(!)’! .898@986/1875M6O/9=@?@A35AF7481(
" >+#6-26,(+2*+2-2?29@";/<=>?$A
S/9@6?/AF@6084@L8?//B8K 2M @77486BD$ 7481//A 4@6=88A 74898645A5AFK/0A /A 26(,27 ‘A/05AF4/07/M95/9575a8D/29634//?@AK 0/9B 5651M/97@A7(Q/749/2F4 @??7487@6B6/A D/29
5756AH7>267@M9877D65F47$ 57H6@M?@38O2??/O683987674@7F/=@3B =5??5/A6/OD8@96(U486/5?!(cid:141)(cid:142)" K@5?D6348K2?87/O5AK /2704534 /A861267=83/1M?878K 5118K5@78?D$ @AK 04534 /A863@A =86@L8K
/A 7481//AH6629O@3856@=/27P(& =5??5/A D8@96/?K$ @AK 6358A75676=8?58L874@75O748D672KD57$ 748D O/9?@789(!)*! ,2774@7H67/7@??D/B@D, S/326/A 7481/6751M/97@A77@6B6O5967#8L89D745AF8?68
3@A ?8@9A 1/98@=/277481//A$ /2962A @AK =8D/AK( 3@A 0@57(
X/0$ @6@1M?8!(cid:143)(cid:144)" /O1//A 6/5?3/??8378K =D-45A@4@679@L8?8K @9/2AK $P%$%%% 15?86$ !)#!
O5A@??D1@B5AF577/@?@= 5A G5?7/A ‘8DA86(U45AB /OF/?K#/A8/O7481/67798@6298K 187@?65A /29 <48A D/2H9879D5AF7/=@?@A38634//?@AK 0/9B$ 573@A 6881K5OO532?77/7@B87518O/9D/2968?O$
?5O8(+AK 7480/974 /O1//A 6/5?3@A 1@734 74@7/OF/?K( =2757H651M/97@A77/48?M 1@A@F8D/29679866@AK @L/5K =29A5AF/27(U9D7/@?0@D6F87@F//K A5F47H6
U45AB @=/27576>/29A8DO9/17481//A 7/-45A@$ @AK 748A 7/G5?7/A ‘8DA86(I/745656748O5967 6?88M @AK O9864 @59$ @AK 7@B8K/0A7518O9/10/9B @AK 634//?7/98?@C(NOD/2 4@L8@4/==D74@7
751874@7-45A@4@664@98K @AD/O748596@1M?860574 7485A789A@75/A@?3/112A57D(N74@6983/9K8K 48?M6D/2 K8[679866$ 1@B87518O/974@7$ 7//,
7484567/9D/O74862A @AK /748967@965A 6M@38( 1+,#-,$*8+78((*+-7$7-,BA
+AK 57H6489874@774868398763/2?K =82A3/L898K(-45A@68A77481//A 6/5?7/748_‘=83@268 .@L5AF@K8M8AK@=?8A870/9B /O62MM/9756@?6/51M/97@A7(!);! NA678@K$ D/2 3@A 98@34 /27
7456?@= 3@A O5AK /27748F@686O/2AK 5A 7486@1M?8?5B8A//7489( 7/D/2962MM/976D6781#O958AK6$ O@15?D$ 792678K 8K23@7/96$ /93/[0/9B896#O/9@KL538@AK 62MM/97
*-?8@9?D$ 7489805??=81/988C357818A7$ =83@26857H6@1//A 6@1M?8(NHL80/9B8K 0574 1//A K295AFK5OO532?775186(
9/3B6$ =27NHL8A8L890/9B8K 0574 9/3B6O9864 O9/1748629O@38/O7481//A =8O/98(U486@1M?8 C9*55.,9-* B#D,6.#9@,7A
3@995865AO/91@75/A @=/277481//AH68@9?D4567/9D74@7/?K899/3B6K/AH74@L8$+ @,957564 6358A7567 ,@?@A35AF@M@3B8K 6348K2?83@A 7@B875187/@K>267!(cid:158)(cid:159)" 7/(./08L89$ 5OD/2 67@977/O@??
6@5K(G//A 6/5?3/2?K =8268K O/9)RM95A75AF7/M9/K238=953B6!(cid:145)"$04534 3@A 48?M =25?K =845AK 5A 634//?/9@980/9B5AF7//1@AD4/296@7D/29>/=$ 7@?B 7/D/29=/66@AK 78@34896
9868@934 =@686/A 7481//A$ 045?86/186358A756760898@?98@KD0/9B5AF/A O5AK5AF348@M89@AK 5118K5@78?D7/?//B O/90@D67/F87=@3B /A 79@3B(NO748986M/A65=5?57586O88?4@9K O/9D/2 7/7@B8O/9
1/98268O2?7834A/?/F5867/F87F@686?5B8.8?521[)$ Z$ @AK . O9/17486/5?$ 04534 3/2?K 62MM/97 @?/AFM895/K /O7518$ 5715F47=875187/983/A65K89D/296348K2?8(!P%! +AK 74@7567481/67
$ $
O2974891//A 8CM?/9@75/A( 51M/97@A7745AFO/9@672K8A7(
*N4/M874@705745A @D8@9$ 0805??8C83278/29F/@?#672KD5AF7486@1M?8(<574 748 +(U@B83@98/OD/2968?O(
2AK8967@AK5AF/O4/05715F474@L8O/918K @AK 74867/9D5778??626@=/277481//A$ 083@A =87789 ,(U29A 7/78@34896O/948?M(
672KD7481//A$ @AK 8L8A 6M@38$+ @,957564 6358A75676@5K( -(+O789@??$ @08??[M?@AA8K >/= 6348K2?81@778961/98(
U481//A 1@D=8E@974H6A8@9867A85F4=/9$ =2774898@98675??1@AD2A7/?K 6839876@AK R(V8181=8974@7D/29634//?0/9B 64/2?K @?0@D63/18O5967(
51M/97@A76358A75O535AO/91@75/A 7/=8K563/L898K( E(<48A M9/=?8163/182M$ D/2 K/AH74@L87/O@387481@?/A8(
)$(<4@7H6748@274/9H6M29M/685A 18A75/A5AFF/?K) S(./08L89$ D/2 3@A 1@A@F8=/74 =DO/915AF6/18F//K 4@=576(
+(U/M9/L8F/?K 562A3/11/A /A 7481//A( Q(U489805??=8K@D6048A D/2 3@AH7O5A564 8L89D745AF/A D/29?567(
,(U/64/01//A 6/5?3@A =8729A8K 5A7/F/?K( ,@./!’AB$"234#5/)% /$
-(U/48?M 2AK8967@AK 4/0L@?2@=?81//A 6/5?56( %+L!’"& M$&NM$" D$OD"& D"
R(U/K86395=8748K5OO898A386=87088A 57@AK 1//A 6/5?( ghQR{|$V{|As$XYF +’,’-f R}U[\W$[](cid:160)¡(cid:149)(cid:150)(cid:151)p(cid:152)F^
))(<4D4@67486@1M?8/O1//A 6/5?=88A 68A77/748_‘) _[\$~85$K:4(cid:127)\I(cid:128)%
+(N74@60/9B8K 0574 -45A@O/9?/AF( <48A T@2958I280@6$ D8@96/?K$ K/37/966@5K 6484@K 3898=9@?M@?6D!¢£"(U48D8L8A
,(U487/M 7834A/?/FDF5L8657@F98@7@KL@A7@F8( 74/2F476480/2?K A8L8967@AK 2M @AK 0/2?K 4@L87/!P"! @0488?34@59(
-(Z7489A@75/A664/0A/5A7898675A 672KD5AF1//A 6/5?( I28H6M@98A767//B 4897/K/984@=5?57@75/A!⁄¥" 8C89356867/6885O748D0/2?K !P$!(
R(I/5?6@1M?86O9/17481//A 0898672K58K 74898=8O/98( T23B5?D$ =D7487518I280@6&$ 648!P)! 7/0@?B =D48968?O@AK 08A77/B5AK89F@978A(T@789$
!"#$!%& &!’# &" !"#$!%’ &!’# &"048A 748!PP! 74@7I283/2?K @778AK 7483/112A57DM951@9D634//?98@348K 748O@15?D$ 748D0898 W8/M?8[7/[M8/M?88C34@AF86@98!’P! 51M/97@A70@DO/9D/2AFM8/M?87/3?8@92M
1/9874@A !P&!( 1562AK8967@AK5AF6@AK K88M8A 2AK8967@AK5AF=87088A 8@34 /7489(U45605??K/F//K O/9748!’&!
,27@77486@187518$ I28@AK 4891/10/9958K =83@268/O489!P’!(NA O@37$ 7/48?M I28$ !K8L8?/M" /O@3?/689O958AK645M =87088A -45A@@AK 7480/9?K 5A 748O27298(
748634//?1@K8?/76/O!P*!$ ?5B8729A5AF@O5967[O?//9=/D6H=@749//15A7/@F59?6H/A8@AK ,C./!DE"234#5/P% /$
!P#! 4@AK9@5?6!Ĥ" 7/1@B8578@6589O/9I28(I885AF74@7$ I286@5K !P;!$ *G/1$ D/2 %+L!OD"& D"
K/AH7A88K 7/3/18@?/AF0574 188L89DK@D, N7H6!&%! O/9187/268748=@749//1=D1D68?O,+ ·(cid:181)Bl¶•$B‚„4”»+)+…F‰(cid:190)¿% (cid:192)YB‚†`´ VD@A –ˆ˜¯$=>
I28A/0!&"! @4@MMD?5O8@7634//?(ZA8K@D$ 6488L8A 64@98K 6480@A78K 7/=8@78@3489 ˘«(
5A 748O27298$ >267?5B8748A53878@34896@7489634//?(.891/16@5K$ *S/9B5K6?5B8I28$ 748 "(˙¨‰(cid:190)¿(cid:201)˚&
4@MM5867745AF567/=8!&$! @AK 3@98K O/9(<8H9898@??D!&)! =83@268748634//?@AK @??748 $(¸(cid:192)(cid:204)˝%
78@348964@L8K/A81234(+ ˛ˇ("(–t“—(cid:159)(cid:153)#% U(cid:209)(cid:210)&
I28H667/9D4@664/0A 74@7A/K5OO532?7D567//=5F5OD/2 B88M !&P!$ @AK @?577?8B5AKA866 $((cid:192)(cid:211)(cid:212)Q(cid:213)(cid:176)85$KF(cid:214)(cid:159)(cid:215)(cid:216)t5%
O9/1/748963@A !&&! @M896/AH60@DO/90@9K(EL89D61@??678M 6487@B8656A/7>267489/0A R8@9VD@A$
8OO/97$ =27@?6/7480@9174 /O74/6804/62MM/97489( !
P"(+(M264 ,(?8AK -(398@78 R(268 Y/296$
P$(+(0/9B ,(6M98@K -(92A R(4297 T5.2@
P)(+(3/A75A28K ,(1@A@F8K -(M98O8998K R(M9/1568K %mL!OD$& D"
PP(+(683987 ,(8CM?@A@75/A -(K/2=7 R(1866@F8 ghQRvw$(cid:146)(cid:147)(cid:217)=>fXY.(cid:218)(cid:219)(cid:220)"(cid:221)–u.$(cid:222)(cid:223)(cid:224)Æ+(cid:226)‘ªF{|%
P&(+(@0B0@9K ,(0/9958K -(34889O2? R(74/2F47O2? G@8W9@7a8?$ @K/37/9O9/1G@A3486789$ 8CM8958A38K @=@K K@D/A I@729K@D(<574/27489
P’(+(K83565/A ,(64DA866 -(M9/F9866 R(3/AK575/A 98@?5a5AF57$ 48995AF4@K 6?5MM8K !(cid:228)(cid:218)" /OO489O5AF89=8O/98648O5A5648K 64/MM5AF@7@
P*(+(34@AF86 ,(K563/L89586 -(8C32686 R(@F98818A76 62M891@9B87@AK M@3B5AF748745AF65A7/4893@9(S/9G@8@AK 489426=@AK +?@A$ 570@6@=5F
P#(+(68@9345AFO/9 ,(O5C5AF2M -(M2??5AF/27 R(F5L5AF@0@D 745AF(U48K5@1/AK @774838A7890@67486@1867/A8+?@A 4@K F5L8A 489A8@9?D&% D8@96=8O/98$
P;(+(3/AO5K8A7?D ,(A89L/26?D -(08@B?D R(62KK8A?D 048A 748DO5967187(
&%(+(5A7898675AF ,(M/665=?8 -(262@? R(K5OO532?7 *N70@6/A8/O7481/6778995=?8O88?5AF6$+ G@86@5K(*<8B8M76@D5AF$ -N7H6>267@95AF$. =27
&"(+(F25K86 ,(8CM8376 -(?8@K6 R(156686 570@61/9874@A 74@7(+
&$(+(>2KF8K ,(79@3B8K -(M9@568K R(A/7538K <45?8748W9@7a8?66M8A7748A5F4768@9345AF748594/185A K86M@59!(cid:229)(cid:230)"$ 4/M80@6\2587?D
&)(+(6798668K ,(M9/2K -(1/L8K R(98F987O2? /A 7480@D(
&P(+(98@K5AF ,(79D5AF -(\28675/A5AF R(64@95AF ZA I2AK@D$ 5A 748=26DM@9B5AF?/7/O7486@1862M891@9B87$"%[D8@9[/?K ‘@?,?@AB$ 04/?/67
&&(+(645A8 ,(64/978A -(=?/3B R(M9/L8 1234 085F47=83@268/O@6895/265??A866$ O/2AK 6/18745AF6M835@?/A 748F9/2AK(‘@?4@K @4@=57
%mL!’"% M$&NM$"(& D$OD"& D" /O?//B5AFK/0A#68@9345AFO/9798@629865A 2A8CM8378K M?@386(ZL89748D8@96$ 48HK 3/??8378K =@F6
ghQR{|$8(cid:151)p(cid:152)(cid:149)(cid:150)" U(cid:158)¤F'“n«‹='“F›fifl(cid:176)$~456(cid:149)– /O3/5A6@AK 39D67@?6/74896M@5K A/@778A75/A 7/(I/1875186$ 483/2?K O5AK 6/18745AF268O2?@AK
85$K:% 748A 480/2?K 68??577/M@DO/945618K535A8(
X/0@K@D6$ 74898@98L@95/2632?729@?8C34@AF8!†‡" M9/F9@165A -45A@(I234 M9/F9@16O/9 U4567518$ 4/08L89$ 748*798@6298+ 0@6A/3/11/A O5AK(‘@?=8A7K/0A @AK M53B8K 2M 04@7
D/2AFM8/M?8O9/1@39/667480/9?K 7/L5657-45A@@??/07481!&’!!8CM8958A38" 7483/2A79DH6 4874/2F470@6>267@A/74893/5A$ /A?D7/98@?5a8570@648@LD#O@97//48@LD(.8M27575A7/456
6M835@?32?72985A M896/A(+AK 748D@?6/3/1M@9804@7748DHL8?8@9A8K /O/293/2A79D749/2F4 M/3B87$ A/7BA/05AF480@64/?K5AF6/18/A8H61/67L@?2@=?8M/668665/A!(cid:231)Ł"(
<86789A 6/293860574 74898@?57D748D6885A -45A@( ‘@?H61/74893@??8K 74862M891@9B87@AK 1@K8629874@76/18/A84@K 98M/978K @15665AF95AF
U48/AF/5AF$%$& R563/L89-45A@W9/F9@1$ /9F@A5a8K =D,85>5AFS/985FA I72K586_A5L89657DO/9 74@7M89O837?D1@7348K ‘@?H6O5AK(<45?874862M891@9B870@63/A7@375AF748W9@7a8?6$ ‘@?0@6=26D
748683/AK D8@9$ 4@6!&*!!F98@7" 8A3/29@F8K 32?729@?8C34@AF86@AK 5A398@68K 2AK8967@AK5AF/O 1@B5AF74898729A 6M835@?(.83?8@A8K 74895AF@AK M?@38K 575A65K8@61@??=/C4561/74894@K
-45A@O/9748D/2AF!&#! @778AK 57( 6@L8K O9/1@795M 7/N98?@AK$ 7/F874890574 @4@AK095778A A/78(<574 4/A867D/A?D@345?K 3/2?K
U456D8@9H67/2956K5L5K8K !&;! 70/M@976$ 0574 748O5967M@97@778AK8K =D") 2A5L89657D 4@L8$ ‘@?09/78$*+7O5967$ NB5AK /O0@A78K 7/B88M 57=83@268570@6M9877D(N4/M8D/2 98?@CA/0
672K8A76O9/1 748_A578K I7@786$ @AK 748683/AK M@97@778AK8K =D)* 672K8A76O9/1 E29/M8@A 74@7D/2 4@L8D/2995AF=@3B(+
!’%!!3/2A79D" 6234 @6X/90@D$ 748X87489?@AK6@AK I08K8A( ˛ˇ("((cid:221)–“—(cid:159)(cid:153)"&% U(cid:209)(cid:210)&
NA $%$)$ 748-45A868F/L89A18A7M27O/90@9K 748M?@A /O!’"!!5AL578" &%$%%% D/2AF $((cid:192)(cid:211)(cid:212)Q(cid:213)(cid:176)85$KF(cid:214)(cid:159)(cid:215)(cid:216)t5%
M8/M?8O9/1748_I 7/672KD/97@B8M@975A 8C34@AF865A -45A@5A 748A8C7O5L8D8@96(+AK 748A 5A <574 74862M891@9B87H648?M$ ‘@?@AK 4561/7489O5A@??D187748W9@7a8?6( !
748O/??/05AFD8@9$ 748-45A868F/L89A18A7!’$!!@995L8" @7@K83565/A 7/5A398@68748A21=89/O !
S98A34 672K8A76672KD5AF5A -45A@7//L89"%$%%% !’)! K/2=?8748A21=89/O8C34@AF860574 U4988K@D6?@789$ 748W9@7a8?664/08K 2M @7‘@?H6K//9( !
D/2AFM8/M?8O9/1E29/M805745A 748A8C774988D8@96( !
!"#$!%* &!’# &" !"#$!%# &!’# &"
