SlideShare uma empresa Scribd logo
1 de 44
Baixar para ler offline
4//)0!"%)/-'5#2)3&!647


                              ,/'8&).&!22#'*#'$!'94:;
                                                 !""#$%&!#"'
                    !"#$%&'()*#%+,'(-.      /0

                                                 ()*#+,%-./
                    4,&+&%(-%(5,+&$   23%




                    !"#$%&'()*#%+,'(-.      /1




!"#$%#&'$!()&!")%&#'*+,-!.#-'%//)0!/"-'*#'$!'
*12)3&!"%#'$)3!$#
!"#$%&'#("&)*#+&#,-.'-"//*#01%&&.2"3%.&#040%4#5#
("#04/.)-"3%*#(.)"(*#*3#&+/4-%6+*#0*#7898#5#7897:#
;&&.2"3%.&<#0*/.)-"=;>#"#,.+-#.?@*)3%A#0*#A"%-*#4/*-'*-#
0*#&.+2*((*<#).&0%3%.&<#0B*C*-)%)*#0*#("#04/.)-"3%*#(.)"(*#
,"-#("#/%<*#*&#2"(*+-#0*<#")3*+-<D#0*<#*C,4-%/*&3"3%.&<#*3#
0*<#-4"(%<"3%.&<#*&#<B",,+E"&3#<+-#(*#&+/4-%6+*:

("?.-"3.%-*<#0B+<"'*<#%&&.2"&3<:#!"#)./?%&"%<.&#0*#
(B"3*(%*-#*3#0+#("?.-"3.%-*#*<3#+&#A")3*+-#0B4/*-'*&)*#
0*#,-"3%6+*<#).&)-F3*<#%<<+*<#0+#3*--"%&#3.+3#*&#
*C,4-%/*&3"&3#0*#&.+2*((*<#A.-/*<#0B%&&.2"3%.&:#
<#'=)/3"%)//#2#/"
!1.?@*)3%A#0+#,-.@*3D#%&%3%4#,"-#("#-4'%.&#;(*#
0*#$-"&)*D#*<3#(B"/4(%.-"3%.&#0*<#).&0%3%.&<#
01*C*-)%)*#0*#("#04/.)-"3%*#(.)"(*#,"-#("#/%<*#
*&#2"(*+-#0*<#")3*+-<D#0*#(*+-<#-4"(%<"3%.&<#*3#
(1*C,4-%/*&3"3%.&:#!*<#04,"-3*/*&3<#0*#("#
H*%&*#H"%&3#I*&%<D#(*#J"(#0*#K"-&*#*3#("#K"%-%*#
0*#L"-%<#).&<3%3+*&3#(*#,4-%/F3-*#*C,4-%/*&3"(#
0+#,-.@*3:

!*<#"C*<#0*#3-"2"%(#

####M#042*(.,,*-#(*#-*,4-"'*#0*<#,-"3%6+*<#*3#
/43N.0*<#0*<#")3*+-<#0*#3*--"%&D
####M#A")%(%3*-#(*<#4)N"&'*<#0*#<"2.%-<#*&3-*#
")3*+-<D
####M#"))./,"'&*-#(*<#")3*+-<#0"&<#
(1*C,4-%/*&3"3%.&#0*#A.-/*<#0*#).(("?.-"3%.&:


!*#,-.@*3#<1"-3%)+(*#"+3.+-#0*#3-.%<#'-"&0<#
3NF/*<#O#("#04/.)-"3%*#(.)"(*D#(*#&+/4-%6+*#
*3#(1%&&.2"3%.&#01+<"'*#P0*<%'&Q:#>*<#3NF/*<#
)-.%<4<#<.+<#A.-/*#0*#?%&R/*<#P04/.)-"3%*#
(.)"(*#*3#&+/4-%6+*#S#%&&.2"3%.&#01+<"'*#*3#
04/.)-"3%*#(.)"(*S#%&&.2"3%.&#01+<"'*#*3#
&+/4-%6+*Q#).&<3%3+*&3#("#?"<*#01+&*#&.+2*((*#
",,-.)N*#/43N.0.(.'%6+*#0*<#).&0%3%.&<#
01*C*-)%)*#0*#("#04/.)-"3%*#(.)"(*#*&#/*33"&3#
"+#)*&3-*#(1%&&.2"3%.&#01+<"'*T0*<%'&#0*#
<*-2%)*<:
               G&#<"2.%-#,(+<                       ).&3")3
               N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T    I*&%<#L"&<+#O#########

                                                    $"?%*&&*#U+%?4##O##

                                      !""#$%&!#"'
                                              -./
>#%$$#'-,&'$#-'/),0#!,?',-!.#-'
*#'$!'*12)3&!"%#

        ,/'*)3,2#/"'4//)0!"%)/-'5#2)3&!647
                                                 !""#$%&!#"'
                    !"#$%&'()*#%+,'(-.      /0

                                                 ()*#+,%-./
                    4,&+&%(-%(5,+&$   23%




                    !"#$%&'()*#%+,'(-.      /1




V#(1N*+-*#0+#W*?7:8D#(*<#).((*)3%2%34<#3*--%3.-%"(*<#
<1%&3*--.'*&3#<+-#("#/"&%F-*#0.&3#*((*<#,*+2*&3#3%-*-#,"-3%#
0*#)*#&.+2*"+#/.0*#0*#).//+&%)"3%.&#0"&<##(1%/,(%)"3%.&#
0*<#<*-2%)*<D#0*<#4(+<#*3#0*<#)%3.E*&<:

!.-<#0*#&.3-*#2*%((*D#&.+<#"2.&<#&.34#6+*#(*<#*C,4-%*&)*<#
(%4*<#"+#&+/4-%6+*#"+#&%2*"+#04,"-3*/*&3"(#*C%<3*&3#/"%<#
-*<3*&3#*&).-*#/"-'%&"(*<#0"&<#("#,N"<*#01",,-.,-%"3%.&#
,"-#(*<#)%3.E*&<D#(*<#4(+<#*3#(*<#"'*&3<:#V2*)#(*<#&.+2*"+C#
+<"'*<D#(*#&+/4-%6+*#-*<3*#+&#A")3*+-#0*#042*(.,,*/*&3#
0*#("#,"-3%)%,"3%.&#5#(B4)N*((*#04,"-3*/*&3"(*#*&#
(1*&2%<"'*"&3#<.+<#0*+C#"&'(*<#(*#/*0%"#*3#(B.+3%(:
!"#,-.?(4/"3%6+*#")3+*((*#0*<#).((*)3%X




                                                                           )-40%3<#,N.3.'-",N%6+*<O#A.3.(%"
2%34<#*<3#0*#042*(.,,*-#("#,"-3%)%,"3%.&#
0*<#)%3.E*&<:#!*<#&.+2*"+C#+<"'*<#(%4<#
"+#&+/4-%6+*#",,.-3*&3#+&#0*<#4(4/*&3<#
0*#-4,.&<*:#;(<##A"2.-%<*&3#(B*X%&)(+<%.&#0*#
,*-<.&&*<#*C)(+*<#0+#A"%3#01+&#/"&6+*#
0*#0%<,.&%?%(%34#*3#("#/%<*#*&#,(")*#01")X

,-%<*#*&#)N"-'*#0*#,*-<.&&*<#*C)(+*<#,"-#
("#A-")3+-*#&+/4-%6+*:




                                                                           )-40%3<O#N33,OTTWWW:/%&+**<3%:**TZ(&'[*&
!.-<#0*#&.3-*#2*%((*#&.+<#"2.&<#-*(*24#("#
,"-3%)+("-%34#0*#)N"6+*#).((*)3%2%34T3*--%X
3.%-*#0"&<#<.&#-",,.-3#"+C#)%3.E*&<#P/+X
&%)%,"(%34D#04,"-3*/*&3D#-4'%.&D#&"3%.&Q:#
!14)N*((*#04,"-3*/*&3"(*#*<3#)./,(*C*#
0+#A"%3#0*#<.&#,.<%3%.&&*/*&3#*3#0*#<.&#
-R(*#*&3-*#(*<#/+&%)%,"(%34<#*3#(*<#-4'%.&<:

L("&#0+#0.)+/*&3#0*#2*%((*O

9T#@,'/%0#!,'/!"%)/!$D#(*<#*C,4-%*&)*<#
-4+<<%*<#0"&<#(*<#04,"-3*/*&3<#*3#"+#
&%2*"+#/+&%)%,"(

7T#@,'/%0#!,'%/"#&/!"%)/!$D#(*<#*C,4X                                      )-40%3<O#WWW:*0%"(.'.<:'-

-%*&)*<#-4+<<%*<#0"&<#0*<#).((*)3%2%34<

YT#5#-'#?81&%#/3#-'&1,--%#-#<+-#0*<#
0./"%&*<#3-"&<,.<"?(*<#"+#<*%&#0*<#
).&<*%(<#'4&4-"+C
             G&#<"2.%-#,(+<                       ).&3")3
             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T    I*&%<#L"&<+#O#########

                                                  $"?%*&&*#U+%?4##O##

                                    !""#$%&!#"'
                                            -./
%&%3%"3*+-       +3%(%<"3*+-<   .?@*)3%A<    3*)N&.(.'%*<    3*)N&.(.'%*<

                                                 !!!"



).//+&*<          )%3.E*&<       0%<)+<<%.&     <%3*#W*?     2%<%.X).&A4-*&)*




<#'.,%3D#"'0%&",#$'
%/"#&!3"%=

              7)22,/!,"1'*#'3)22,/#-'*#'$!'6D%1&!3D#'*A@,2!$#'




$A!33B-'!,?'-#&0%3#-'8,($%3-'8),&'$#-'3%")C#/-'
1$)%./1-'*A%/"#&/#

!"#).//+&"+34#0*#).//+&*<#0*#("#=N%4-")N*#01V+/"(*#
*C,4-%/*&3*#0"&<#<*<#<"((*<##L%)"-0%*#*&#!%'&*#]#PLG!Q#
+&#<E<3F/*#0*##U+%)N*3#2%-3+*(#%&3*-")3%A#]#,*-/*33"&3#
0*#3-"&<A.-/*-#)*<#*<,")*<#*&#24-%3"?(*<#^*("%<#H*-2%)*<#
L+?(%)<:#!*#0%<,.<%3%A#*<3#04,(.E4#<+-#(*<#3*--%3.%-*<#0*#("#
>.//+&"+34#0*#>.//+&*<#0*#("#=N%4-")N*#01V+/"(*#
*3#0*#("#>.//+&"+34#0*#>.//+&*<#0*#("#^4'%.&#0*#
U+%<*:#
<#'=)/3"%)//#2#/"




                                                                                )-40%3<O#N33,OTTWWW:,%)"-0%*:A-TU+%)N*3XJ%-3+*(X;&3*-")3%AZ3E,*g2%0*.[-*"(h0*?%3[N"+3
!*#<E<3F/*#,*-/*3#"+C#N"?%3"&3<#0*<#
a.&*<#-+-"(*<#0*#0%<,.<*-#0*<#/b/*<#
<*-2%)*<#6+*#(*<#)%3"0%&<#<"&<#"2.%-#
,.+-#"+3"&3#5#,"-).+-%-#0*<#0%a"%&*<#
0*#c%(./F3-*<:#U-d)*#5#(1+3%(%<"3%.&#0*#
W*?)"/<#*3#0*#(.'%)%*(<#"0",34<D#(*<#
+3%(%<"3*+-<#,*+2*&3#b3-*#/%<#*&#-*("3%.&#
5#0%<3"&)*#"2*)#(*<#).&<*%((*-<#0*<#
<*-2%)*<#,+?(%)<D#(*+-#,"-(*-#*3#4)N"&'*-#
0*<#0.)+/*&3<D#).//*#*&#A")*X5XA")*:

!*#0%<,.<%3%A##U+%)N*3#2%-3+*(#%&3*-")3%A#
]#"#,.+-#.?@*)3%A#0*#<*&<%?%(%<*-#"+C#=;>#
(*<#N"?%3"&3<#&1"E"&3#@"/"%<#)R3.E4#
(*<#&.+2*((*<#3*)N&.(.'%*<#*3#;&3*-&*3:#
>*-3"%&<#,%)"-0<#<.&3#*&).-*#)-"%&3%A<#
5#(e4'"-0#0*<#.-0%&"3*+-<D#-43%)*&3<#5#
(1%04*#01+3%(%<*-#(*<#=;>:#f-#(*##U+%)N*3#

0*#<*-2%)*<#6+*#(*<#'+%)N*3<#,NE<%6+*<#
0*<#.-'"&%</*<#0*#<*-2%)*<#,+?(%)<:#
;(#*<3#<%/,(*#01+3%(%<"3%.&D#,-.)N*#0*#
<%3+"3%.&<#-4*((*<D#24)+*<#*&#,-4<*&3%*(:#
V%&<%D#(*#0%<,.<%3%A##U+%)N*3#2%-3+*(#
%&3*-")3%A#]#,*-/*3#0*#04<")-"(%<*-#(*<#
&.+2*((*<#3*)N&.(.'%*<:




             G&#<"2.%-#,(+<
             N33,OTTWWW:.3*&:A-T<,%,:,N,Z"-3%)(*_9`9

             N33,OTTWWW:3N%*-")N*X"+/"(*:A-T))3"T<,%,:
             ,N,Z"-3%)(*997

             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                           #$$%&
                                           !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                                   ()*
%&%3%"3*+-   +3%(%<"3*+-<             .?@*)3%A<          3*)N&.(.'%*<    3*)N&.(.'%*<     3*)N&.(.'%*<




).//+&*        @*+&*<              ,"-3%)%,"3%.&               </<      -4<*"+C#<.)%"+C   -*&).&3-*<




7)/-#%$'*#-'E#,/#-'*#'F)&*#!,?''


                                                                     >%$$#'*#'F)&*#!,?




                            )-40%3<#,N.3.'-",N%6+*<O#A.3.(%"




,/'),"%$'*#'*12)3&!"%#'8!&"%3%8!"%0#'!*!8"1'
!,?'E#,/#-

!"#2%((*#0*#i.-0*"+C#<.+N"%3*#-*)+*%((%-#(*<#"2%<##
0*<#@*+&*<#?.-0*("%<#,.+-#4("?.-*-#+&#,-.@*3#@*+&*<<*##
*&#"046+"3%.&#"2*)#(*+-<#"33*&3*<#*3#(*+-<#*&2%*<:#



P2.3*#,"-#</<#<+-#+&*#0+-4*#(%/%34*Q#5#(1.))"<%.&##
01+&#).&)*-3#0*#N%,XN.,:#!*<#9j#")3%.&<#,-%.-%3"%-*<#
                                                  #
0*#i.-0*"+C#("#2%*#0*<#@*+&*<#?.-0*("%<#0"&<#3.+<#
(*<#0./"%&*<#P(.'*/*&3D#<"&34D#40+)"3%.&kQ:
)-40%3<#,N.3.'-",N%6+*<O#A.3.(%"
<#'=)/3"%)//#2#/"
!*#).&<*%(#0*<#l*+&*<##0*#i.-0*"+C##

,-%.-%3"%-*<#).&)*-&"&3#("#2%*#0*<#@*+&*<#
?.-0*("%<#0"&<#3.+<#(*<#0./"%&*<:
#
!*<#@*+&*<#?.-0*("%<#.&3#434#%&2%34<#5#
2.3*-#5#(1.))"<%.&#01+&#).&)*-3##
0*#N%,XN.,:#I+-"&3#("#/"&%A*<3"3%.&D#
0*<#,-.<,*)3+<#0%<3-%?+4<#<+-#,(")*#.&3#
-*&0+#,+?(%)#(*<#9j#,-.,.<%3%.&<##
*3#04)-%2"%*&3#(*#/.0*#.,4-"3.%-*##
0+#2.3*:#!*<#2.3*<#<*#A"%<"%*&3##
,"-#(1*&2.%#01+&#<%/,(*#</<D##

@*+&*<#.&3#-4,.&0+#,-4<*&3<#"+#,-*/%*-#

!1.,4-"3%.&#"#434#,-.(.&'4*#<+-#(*#<%3*#
%&3*-&*3#<%3*#A"%<3"2%((*:?.-0*"+C:A-##
*3#<+-#+&*#,"'*#A")*?..c#040%4*#0+-"&3#
9m#@.+-<:#V+#3.3"(D#9j88#2.34<#.&#434#
*&-*'%<3-4<:
#
I*--%F-*#)*33*#%&%3%"3%2*#"-3%<3%6+*##
<*#)")N*#*&#-4"(%34#3.+3#+&#,-.)*<<+<#
,.+-#%&)%3*-#(*<#@*+&*<#5#,-*&0-*##
+&*#,"-3#")3%2*#0"&<#(*<#")3%.&<#
,.(%3%6+*<#0*#("#2%((*#.+#3.+3#0+#/.%&<##
5#<1E#%&34-*<<*-:


            G&#<"2.%-#,(+<
            WWW:)%3*0%'%3"(*:?.-0*"+C:A-

            A"%<3"2%((*:?.-0*"+C:A-

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                      #&%&
                                      !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                              ()*
%&%3%"3*+-   +3%(%<"3*+-<   .?@*)3%A<     3*)N&.(.'%*<




04,"-3*/*&3   )%3.E*&<       0%<)+<<%.&   -4<*"+C#<.)%"+C




7&1!"%)/'*+,/'&1-#!,'-)3%!$'*#'
8&)?%2%"1

                                                            7;'*#'$+G%-#




,/'01&%"!($#'),"%$'*+%/=)&2!"%)/''


!*#).&<*%(#'4&4-"(#0*#(Bf%<*#Pn8Q#"#("&)4##*&#/"-<#7898##
+&#&.+2*"+#<%3*#%&3*-&*3D#N33,OTTWWW:.%<*:A-TD#6+%#%&3F'-*#
+&#-4<*"+#<.)%"(#0*#,-.C%/%34D#-4<*-24#"+C#;<"-%*&<:#

                                                                     #
+&#,"-3"'*#0*<#%&A.-/"3%.&<#*3#0*<#(%*&<:##
!*#04,"-3*/*&3#0*#(1f%<*#*<3#(*#,-*/%*-#04,"-3*/*&3##
"#)-44#<.&#,-.,-*#-4<*"+#<.)%"(D#042*(.,,4##
<+-#0+#(.'%)%*(#(%?-*:
<#'=)/3"%)//#2#/"
!*#^4<*"+#f%<*#*<3#+&#0%<,.<%3%A#0#
*#0%"(.'+*#/+(3%X")3*+-<#P4(+<D#)%3.E*&<D#
"'*&3<D#"<<.)%"3%.&Q:#!"#,.<<%?%(%34#*<3#
                                #
0*<#'-.+,*<#,+?(%)<#.+#,-%24<D#0B%&2%3*-#
0*<#"/%<D#0*#)-4*-#*3#%&2%3*-##
5#0*<#42F&*/*&3<#0*#3.+3*#&"3+-*:#

0*#,"-3"'*#0B%&A.-/"3%.&D#0*#(%*&<D#0*#
,N.3.<#*3#0*#2%04.<:#H.&#"/?%3%.&#*<3#
<+-3.+3#0*#A")%(%3*-#(*#0%"(.'+*##
*3#(B4)N"&'*#0*#<*-2%)*<#*&3-*##
(*<#N"?%3"&3<#*3#(*#).&<*%(#'4&4-"(#'-d)*#
5#("#)-4"3%.&#0*#'-.+,*<##
*3#0B424&*/*&3<:

!*#-4<*"+#,*-/*3#"+<<%#0*#/*33-*##
*&#-*("3%.&#(*<#4(+<#0*<#n`Y#).//+&*<#




                                                                             )-40%3<#O#N33,OTTWWW:.%<*:A-T
"2*)#(*<#"'*&3<#0+#04,"-3*/*&3##
*3#(*+-#,-.,.<*#0*<#4)N"&'*<#2%-3+*(<#
"2*)#0*<#*C,*-3<#<+-#(*<#3N4/"3%6+*<#
3*--%3.-%"(*<:

>*#-4<*"+#<.)%"(#0*#,-.C%/%34#*<3#
).&&*)34#"2*)#A")*?..cD#,-*/%*-#
-4<*"+#<.)%"(:#>*33*#).&&*C%.&#,*-/*3#
0*#A")%(%3*-#(*<#%&<)-%,3%.&<:#V#)*#@.+-D##
9jj#;<"-%*&<#<*#<.&3#%&<)-%3<:#


             G&#<"2.%-#,(+<
             N33,OTTWWW:.%<*:A-T

             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                    #$%&
                                    !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                            ()*
%&%3%"3*+-   +3%(%<"3*+-<     .?@*)3%A<     3*)N&.(.'%*<   3*)N&.(.'%*<
                                                  627
                                                 670
                                                    68
                                                   67
                                                                !!!"



).//+&*       )%3.E*&<       ,"-3%)%,"3%.&      A.-+/       <%3*#%&3*-&*3




H#""&#'#/'$%./#',/'-C-"B2#''


                                                             >%$$#'*#'I!&%-




,/'/),0#$'%/-"&,2#/"'8!&"%3%8!"%=''
*#'.),0#&/!/3#'$)3!$#


,.<<%?%(%34#"+C#L"-%<%*&<#01%&3*-,*((*-D#,"-#(*#?%"%<##
0*#,43%3%.&<D#(*#>.&<*%(#0*#L"-%<#<+-#3.+3#<+@*3#-*(*2"&3##
0*#("#)./,43*&)*#/+&%)%,"(*#.+#04,"-3*/*&3"(*:#

;(#<1"'%3#0+#,-*/%*-#0%<,.<%3%A#0B*X,43%3%.&##
0B+&*#).((*)3%2%34#3*--%3.-%"(*
N33,<OTT3*(*<*-2%)*<:,"-%<:A-T*,*3%3%.&T@<,T<%3*TL.-3"(:@<,Z,"'*[A.-/h%0gA.-/[9
<#'=)/3"%)//#2#/"
!"#K"%-%*#0*#L"-%<#<.+N"%3*#"0.,3*-#
+&#&.+2*"+#/.0F(*#0*#'.+2*-&"&)*#
(.)"(*#"2*)#(1*,*3%3%.&:#>*#0-.%3#
01%&3*-,*(("3%.&#%/,(%6+*#0*#-*)+*%((%-#
(1"0N4<%.&#01"+#/.%&<#Yo#0*<#L"-%<%*&<##
<.%3#m_#888#,*-<.&&*<:#

!"#,-.)40+-*#,*-/*3#+&*#4'"(%34##
0*#3-"%3*/*&3#0*<#0*/"&0*<O
9T(1%&%3%"3*+-D#5#3%3-*#%&0%2%0+*(##
.+#).((*)3%AD#04,.<*#(*#<+@*3##
*3#("#0*<)-%,3%.&#0*#<"#,43%3%.&#<+-#,"-%<:
A-:#H%#(1.?@*3#0*#(1%&3*-,*(("3%.&#-*(F2*#
?%*&#0*#("#)./,43*&)*#/+&%)%,"(*#
.+#04,"-3*/*&3"(*D#("#J%((*#0*#L"-%<#
*&-*'%<3-*#*3#2"(%0*#("#,-.,.<%3%.&D##
0"&<#+&#04("%#0*#0*+C#/.%<:
7T#("#,43%3%.&#,*+3#*&<+%3*#-*)+*%((%-D#
,*&0"&3#+&#"&D#(*<#<%'&"3+-*<##
0*<#L"-%<%*&<#/"@*+-<:
YT#<%#(*#<*+%(#0*<#Yo#0*<#L"-%<%*&<#/"@*+-<#
&1*<3#,"<#"33*%&3#"+#?.+3#01+&#"&##
("#,43%3%.&#*<3#04)("-4*#&.&#"2*&+*:##
H%#,"-#).&3-*D#(*#<*+%(#0*<#Yo#0*<#
L"-%<%*&<#/"@*+-<#*<3#"33*%&3#"(.-<#0"&<#
+&#04("%#0*#Y#/.%<D#(*#<+@*3#0*#("#,43%3%.&#
,*+3#b3-*#%&<)-%3#5#(1.-0-*#0+#@.+-##
01+&#).&<*%(#0*#L"-%<:
!"#,43%3%.&#,*+3#b3-*#4'"(*/*&3#04,.<4#
,"-#2.%*#/"&+<)-%3*:
             G&#<"2.%-#,(+<
             N33,OTTWWW:,"-%<:A-T,.-3"%(T"))+*%(T
             L.-3"(:(+3Z,"'*g%0[9

             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T

                                                                      #'%&
                                      !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                              ()*
%&%3%"3*+-   +3%(%<"3*+-<     .?@*)3%A<     3*)N&.(.'%*<      3*)N&.(.'%*<




).//+&*      )%3.E*&<       ,"-3%)%,"3%.&   -4<*"+C#<.)%"+C     W*?#32




63D!"#&'!0#3'-)/'2!%&#


                                                              >%$$#'*#'7#&.C




,/'),"%$'*#'8&)2)"%)/'*#'$!'&#$!"%)/'#/"&#'
$+1$,'#"'$!'8)8,$!"%)/

G&#7898D#("#2%((*#0*#>*-'E#<*#0.3*#01+&*#W*?=J##
<+-#(*#<%3*#WWW:)*-'E0*/.)-"3%*:A-:#>*#<%3*#-*'-.+,*#
A.-+/<D#-4+&%.&<#*3#04(%?4-"3%.&<#0*<#).&<*%(<##
0*#6+"-3%*-#*3#"+3-*<#%&<3"&)*<#,"-3%)%,"3%2*<:#

                                                                             #
(*#/"%-*D#$-404-%)#!*A*?2-*:
<#'=)/3"%)//#2#/"
!"#2%((*#0*#>*-'E#<*#0.3*##01.+3%(<#
&+/4-%6+*<#,"-3%)%,"3%A<#5#(1.))"<%.&##
0*#("#-*A.&3*#0*#<.&#<%3*#%&3*-&*3##
*3#<+-#WWW:)*-'E0*/.)-"3%*:A-:##
!"#p*?=J#)./,(F3*#(*#<%3*#04@5#*C%<3"&3#
0*##04/.)-"3%*#,"-3%)%,"3%2*:
!"#,-%&)%,"(*#%&&.2"3%.&#0+#&.+2*"+#
<%3*#0*#("#2%((*#0*#>*-'E#2%*&3##
0*#("#)-4"3%.&#0B+&#/%&%X<%3*#040%4#O##
#(*#/"%-*D#I./%&%6+*#!*A*?2-*D##
*&#0%-*)3#"2*)#2.+<#]:#>*33*#p*?=J#
-*'-.+,*#&.3"//*&3#(*#3)N"3#0+#/"%-*#
"%&<%#6+*#3.+3*<#(*<#2%04.<#,-.0+%3*<##
,"-#("#J%((*:#
!*#3)N"3#0+#/"%-*#0*#>*-'E#*<3#/*&<+*(:#


!*#04-.+(4#"#(%*+#<.+<#3-.%<#A.-/*<O#
9T#0*<#-4,.&<*<#5#0*<#6+*<3%.&<#,.<4*<#
<+-#(*#<%3*#%&3*-&*3
7T#+&*#%&3*-2%*W#6+%#,*+3#"2.%-#(%*+#<.%3#
<.+<#A.-/*#01*&3-*3%*&##

                                                                             )-40%3<O#N33,OTTWWW:)*-'E0*/.)-"3%*:A-T
                              #
<*(.&#("#3N4/"3%6+*#"?.-04*#
YT#+&#4)N"&'*#*&#0%-*)3##
"2*)#0*<#%&3*-&"+3*<:#

!"#2%04.#,*+3#b3-*#,"-3"'4*##
<+-#0*#&./?-*+C#-4<*"+C#<.)%"+C#
P3W%33*-D#A")*?..c:::Q
            G&#<"2.%-#,(+<
            N33,OTTWWW:2%((*X)*-'E:A-T

            N33,OTTWWW:)*-'E0*/.)-"3%*:A-T

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                    #(%&
                                    !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                            ()*
%&%3%"3*+-   +3%(%<"3*+-<    .?@*)3%A<    .?@*)3%A<      3*)N&.(.'%*<




).//+&*      )%3.E*&<       %&A.-/"3%.&   0%<)+<<%.&   -4<*"+C#<.)%"+C




4'=)$%)J',/'&1-#!,'-)3%!$'$)3!$




,/#'*12)3&!"%#'*#'8&)?%2%"1'%/-8%&1#'8!&'$#-'
&1-#!,?'-)3%!,?

;<<EX(*<XK.+(%&*"+C#"#,.+-<+%2%#<"#04/"-)N*##
0*#04/.)-"3%*#0*#,-.C%/%34#*&#<1%&<)-%2"&3#0"&<##
("#(.'%6+*#0*#042*(.,,*/*&3#0*<#-4<*"+C#<.)%"+C#
).//*#KEH,")*#.+#$")*?..c#*3#*&#/*33"&3#*&#,(")*#*&#
@"&2%*-#788`D#(*#,-*/%*-#-4<*"+#<.)%"(#(.)"(D#0*<3%&4##
5#3%<<*-#+&#24-%3"?(*#(%*&#*&3-*#(*<#;<<4*&<:
<#'=)/3"%)//#2#/"
!"#).//+&*#0*#;<<E#"#<.+N"%34#*&'"'*-#
+&#0%"(.'+*#0%-*)3#"2*)#(*<#N"?%3"&3<##
0*#("#2%((*#5#3-"2*-<#+&#<%3*#0*#04?"3#*3#
0*#,-.,.<%3%.&#0B%04*<:##
!*<#).&3-%?+3%.&<#,*-/*33-.&3#
                                       #
("#/+&%)%,"(%34#*3#0*#).&0+%-*##
0*<#")3%.&<#"+#,(+<#,-.)N*#0*<#"33*&3*<#
0*#%<<4*&<:

%$.(%.#,*-/*3#"+#,(+<#'-"&0#&./?-*##
0*#04?"33-*#"+3.+-#0*#<+@*3<#01")3+"(%34D#
/"%<#"+<<%#01",,.-3*-#0*<#%04*<##
,.+-#("#2%((*:#>N"6+*#/.%<D#)*-3"%&<#
                                        #
,"-#(*#(.'.#%$.(%.#<+-#(*#<%3*#0*#("#2%((*#
<.&3#,-.,.<4<#"+#04?"3:#

;(#E#"#7#&%2*"+C#01"))F<#,+?(%)#"+#<%3*#O#
X#+&#&%2*"+##2%<%3*+-#]#6+%#,*-/*3#5#3.+<#
0*#(%-*#(*<#"-3%)(*<#*3#(*<#).&3-%?+3%.&<#


                                                                             )-40%3<O#N33,OTTWWW:%XA.(%.:A-T
,+?(%4<#<+-#(*#<%3*#S#
X#+&#&%2*"+##/*/?-*#%&<)-%3#]D##
6+%#,*-/*3D#",-F<#"2.%-#)./,(434#<.&#
                                   #
0*#0%<)+<<%.&D#0*#,+?(%*-#0*<#%04*<D##
.+#0*#).//*&3*-#(*<#).&3-%?+3%.&<#0*<#
"+3-*<#/*/?-*<:#


            G&#<"2.%-#,(+<
            N33,OTTWWW:%<<E:)./T#

            WWW:%XA.(%.:A-

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                     #)%&
                                    !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                            ()*
%&%3%"3*+-   +3%(%<"3*+-<     .?@*)3%A<     3*)N&.(.'%*<   3*)N&.(.'%*<   3*)N&.(.'%*<
                                                 627
                                               670
                                                  68
                                                 67             !!!"



).//+&*       )%3.E*&<       ,"-3%)%,"3%.&     A.-+/          <%3*#W*?      -*&).&3-*




K/#'8$!"#=)&2#'*+13D!/.#-''
*1*%1#'!,?'3%")C#/-'

                                                            0%$$#'*#';&%./C




=!0)&%-#&'$A%28$%3!"%)/'*#-'D!(%"!/"-'*!/-'$!'
.#-"%)/'*#'$!'3)22,/#

;(#E#"#9m#"&<#6+*#("#/"%-%*#0*#U-%'&E#"#,(")4#"+#).*+-#
0*#<.&#,-.@*3#0*#2%((*#0*<#0%<,.<%3%A<#0*#04/.)-"3%*#
,"-3%)%,"3%2*:#n#).&<*%(<#0*#6+"-3%*-D#+&#).&<*%(#"<<.)%"3%AD#
+&#).&<*%(#/+&%)%,"(#0*<#@*+&*<D#+&#<*-2%)*#%&3*-&*##
                                               #

).&<3%3+4#+&#2*)3*+-#A.-3#0*#042*(.,,*/*&3##
0*#("#04/.)-"3%*#,"-3%)%,"3%2*#(.)"(*#"2*)#(*#
04,(.%*/*&3##01+&#<%3*#%&3*-&*3#040%4#WWW:
0*/.,"-3:A-#
<#'=)/3"%)//#2#/"
q&#A.-+/#040%4D#<+-#(*#<%3*#;&3*-&*3##
0*#("#2%((*D#6+%#"#,-.'-*<<%2*/*&3#/+4#
*&#<%3*#24-%3"?(*#PWWW:0*/.,"-3:A-Q#
"%&<%#6+1+&#,R(*#0*#)./,43*&)*#/%<##
*&#,(")*#*&3-*#("#K"%-%*#*3#(1"<<.)%"3%.&#
#("#Kr%<.&#0*<#=;>#]#,.+-#A.-/*-#(*<#
N"?%3"&3<#"+C#+<"'*<#0*<#=;>#O##
)*<#0*+C#,%(%*-<#)./,(F3*&3#(*<#")3%.&<#
042*(.,,4*<#,"-#("#/"%-%*:#

#I*,+%<#788_#(*#/"%-*#*3#<.&#46+%,*#.&3#
%&34'-4##0"&<#("#'*<3%.&#0*#("#).//+&*#
(*#).&)*,3#0*#?+0'*3#,"-3%)%,"3%A:#i"<4##
<+-#("#,-%<*#*&#)./,3*#0*<#,-.,.<%3%.&<#
0*<#N"?%3"&3<#*3#("#/%<*#5##0%<,.<%3%.&#
01+&*#*&2*(.,,*#5#(*+-#-4"(%<"3%.&D##




                                                                            )-40%3<O#N33,OTTWWW:0*/.,"-3:A-T
(*#?+0'*3#,"-3%)%,"3%A#*<3#+&*#%04*#3-F<#
&.2"3-%)*#*&#$-"&)*:#
^*,-4<*&3"&3#*&#/.E*&&*#_88888#
*+-.<#,"-#"&D#)*#?+0'*3#"#,*-/%<D#
0*,+%<#<%C#"&<D##"+#N"?%3"&3<#014/*33-*#
,(+<#0*#9988#,-.,.<%3%.&<#3.+3#0./"%&*<#
).&A.&0+<#P@*+&*<<*D#2.%-%*D#<,.-3D#2%*#
<).("%-*D#,*3%3#*&A"&)*D#*&2%-.&&*/*&3D#
*3):Q#*3#?.&#&./?-*#(1.&3#434#2%"#
(*#<%3*#%&3*-&*3:#q&*#A.%<#4/%<*<#(*<#
,-.,.<%3%.&<#<.&3#0%<)+34*<#(%?-*/*&3#
0%-*)3*/*&3#<+-#(*#<%3*#*3#0"&<#(*<#
).&<*%(<#0*#6+"-3%*-#0.&3#(*<#)./,3*<#
-*&0+<#<.&3#0%<,.&%?(*<#*&#(%'&*:#
            G&#<"2.%-#,(+<
            WWW:0*/.,"-3:A-#

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                   #*%&
                                   !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                           ()*
%&%3%"3*+-   +3%(%<"3*+-<     .?@*)3%A<      3*)N&.(.'%*<      3*)N&.(.'%*<   3*)N&.(.'%*<

                                                                   !!!"



).//+&*      )%3.E*&<       ,"-3%)%,"3%.&   2%<%.X).&A4-*&)*     <%3*#W*?       -*&).&3-*




518!&"#2#/"'*#'$!'H!/3D#L',/'8!-'
0#&-'$!'*12)3&!"%#'8!&"%3%8!"%0#

                                  518!&"#2#/"'*#'$!'H!/3D#




$#-'647'!,'-#&0%3#'*A,/#'.),0#&/!/3#''
*18!&"#2#/"!$#'8$,-'8!&"%3%8!"%0#'

!*#>.&<*%(#U4&4-"(#0*#("#K"&)N*#"#A"%3#0+#042*(.,,*/*&3#0*#
(1*X04/.)-"3%*#*3#01+&*#'.+2*-&"&)*#,(+<#,"-3%)%,"3%2*#0*<#
"C*<#A.-3<#0*#<"#,.(%3%6+*:#;(#<1*<3#*&'"'4#0"&<##
+&#,("&#"/?%3%*+C#0*#-*&A.-)*/*&3#0*#("#,-.C%/%34#*&3-*#
("#).((*)3%2%34#*3#<*<#+<"'*-<X#)%3.E*&<#'-d)*#5#(1+3%(%<"3%.&#
0*<#&.+2*((*<#3*)N&.(.'%*<:#>-44#*&#788_D#(*#<E&0%)"3#
/%C3*##K"&)N*#&+/4-%6+*#]#*<3#+&#43"?(%<<*/*&3#,+?(%):#
^*'-.+,"&3#(*#>.&<*%(#U4&4-"(#0*#("#K"&)N*#*3#0*<#
>.//+&"+34<#0*#).//+&*<#0*#("#K"&)N*D##
%(#).&<3%3+*#(*#<.)(*#3*)N&.(.'%6+*#0*#("#,.(%3%6+*##
#*X04/.)-"3%6+*#]#0+#>.&<*%(#'4&4-"(:#
<#'=)/3"%)//#2#/"
788s#"#/"-6+4#(*#042*(.,,*/*&3#
01+&*#&.+2*((*#<3-"34'%*#,.+-#A"%-*#
*&3-*-#,(*%&*/*&3#(*#04,"-3*/*&3#
0"&<#(1F-*#&+/4-%6+*#,"-#+&*#
,*-A.-/"&)*#3*--%3.-%"(*#"))-+*D#+&*#
,(+<#'-"&0*#,-.C%/%34#0*<#<*-2%)*<#
0"&<#(*<#3*--%3.%-*<:#!*#-*&A.-)*/*&3#
0*<#<.(%0"-%34<#&+/4-%6+*<#*3#(*#
042*(.,,*/*&3#0*#<*-2%)*#%&3*-&*3#,(+<#
,"-3%)%,"3%A<:###




                                                                            )-40%3<O#N33,OTTWWW:/"&)N*&+/*-%6+*:A-
K"&)N*#t+/4-%6+*#"#"%&<%#%&%3%4#
3.+3#+&#*&<*/?(*#0*#0%<,.<%3%A<#
2%<"&3#5#-",,-.)N*-#"0/%&%<3-4<#*3#
"0/%&%<3-"3%.&<#2%"#(*<#t=;>O#
Xq&#-4<*"+#0*#2%<%.).&A4-*&)*#*3#
01G<,")*<#,+?(%)<#&+/4-%6+*<#PGt=Q#
,.+-#(1*&<*%'&*/*&3#*3#("#A.-/"3%.&#S#
X#I*<##J%<%.X^*("%<#]##,*-/*33"&3#

(B+<"'*-#"2*)#("#,.<<%?%(%34#0B*&3-*-#*&#
).//+&%)"3%.&#"+0%.X2%<+*((*#"2*)#+&#
34(4).&<*%((*-#0*#("#>V$#.+#0*#(1q-<<"A#*3#
0B"))40*-#5#3.+<#(*<#<*-2%)*<#N"?%3+*(<#S#
X#!*#<*-2%)*#,+?(%)#(.)"(#PHL!Q#6+%#,*-/*3#

<%3*#;&3*-&*3#(*#'+%0*#0*<#0-.%3<#*3#
04/"-)N*<#0*#<*-2%)*X,+?(%):A-]#*3#0*#
(*<#)./,(43*-#"2*)#0*<#%&A.-/"3%.&<#
0*#,-.C%/%34#,*-3%&*&3*<#,.+-#<*<#
"0/%&%<3-4<:#
            G&#<"2.%-#,(+<
            N33,OTTWWW:/"&)N*&+/*-%6+*:A-T#

            N33,OTTWWW:/"&)N*&+/*-%6+*:A-T
            .+3%(<T2%<%.'+%)N*3<:,N,#
            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                   #+%&
                                   !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                           ()*
%&%3%"3*+-   +3%(%<"3*+-<            .?@*)3%A<           3*)N&.(.'%*<
                                                                 627
                                                                670
                                                                  68
                                                                 67




).//+&*      )%3.E*&<              ,"-3%)%,"3%.&               A.-+/




K/'=)&,2'8),&'$!'3)/-,$"!"%)/'
3%")C#//#

                                                                        >%$$#'*#'I!&%-




                            )-40%3<#,N.3.'-",N%6+*<O#A.3.(%"
                                                                        )-40%3<#,N.3.'-",N%6+*<O#A.3.(%"



,/#'*12!&3D#'8!&"%3%8!"%0#'),0#&"#'8!&'*#-''
&#/3)/"&#-'#"'$#'&#3,#%$'/,21&%M,#'*#-'!0%-

!"#2%((*#0*#L"-%<#"#+&*#)N"-3*#,"-%<%*&&*#0*#("#
L"-3%)%,"3%.&:#>*33*#)N"-3*#*<3#-*/%<*#*&#0%<)+<<%.&#*3#
"/*&0*/*&3#3.+<#(*<#"&<#5#(1.))"<%.&#0+#L-%&3*/,<#
0*#("#I4/.)-"3%*#!.)"(*:#!140%3%.&#7898D#-4+&%#*&#"2-%(D#
"#,*-/%<#0*#A"%-*#4/*-'*-#0*<#,-.,.<%3%.&<#0*#/%<*#
*&#u+2-*#0*#("#>N"-3*#L"-%<%*&&*#0*#("#L"-3%)%,"3%.&:#
>*<##,-.,.<%3%.&<#<.&3#<.+/%<*<D#0+-"&3#0*+C#/.%<D#5#
(1",,-4)%"3%.&#0*<#,"-%<%*&<#,"-#(1%&3*-/40%"%-*#01+&##
A.-+/:
<#'=)/3"%)//#2#/"
!"#)N"-3*#,"-%<%*&&*#0*#("#,"-3%)%,"3%.&#
*<3#-*/%<*#*&#0%<)+<<%.&#3.+<#(*<#"&<:#!*#
L-%&3*/,<#0*#("#I4/.)-"3%*#!.)"(*##
"#434#(1.))"<%.&D#,.+-#(*<#Y88#
,"-3%)%,"&3<D#0*#04'"'*-#0*<##
,-.,.<%3%.&<#6+%#<.&3#-4,*-3.-%4*<#
*&#N+%3#)"34'.-%*<:#!"#J%((*#0*#L"-%<#
<.+N"%3*#,-.(.&'*-#("#,"-3%)%,"3%.&##
0*<#L"-%<%*&<#,"-#(*#?%"%<#01+&#A.-+/:




                                                                                 )-40%3<O#N33,OTTW8`X0%'':",,<:,"-%<:A-T'-"&0,"-%<T@<,T<%3*TL.-3"(:@<,Z,"'*[0%''h%0g0%''[s
/.0"(%34<#0*#("#,"-3%)%,"3%.&#O#
9T#!*#2.3*#6+%#,*-/*3#0*#@"+'*-##
(*<#,-.,.<%3%.&<#6+%#*/,.-3*&3#(*#,(+<#
01"0N4<%.&#"2*)#+&#<E<3F/*#0*#,.%&3<S
7T#!*#).//*&3"%-*#6+%#,*-/*3#0*#A"%-*#
2"(.%-#"-'+/*&3<#*3#"2%<S
YT#!"#,-.,.<%3%.&#6+%#,*-/*3#01"@.+3*-#
0*#&.+2*((*<#,-.,.<%3%.&<:

!*<#-4<+(3"3<#0*#)*33*#).&<+(3"3%.&#
<*-.&3#43+0%4<#,.+-#2"(%0*-##
(*+-#A"%<"?%(%34:#!*#9m#.)3.?-*#788`#+&*#
-4+&%.&#,+?(%6+*#0*#-*<3%3+3%.&#<*-"#
.-'"&%<4*:




            G&#<"2.%-#,(+<
            N33,OTTWWW:,"-%<:A-T,.-3"%(T,.(%3%6+*<T
            L.-3"(:(+3Z,"'*g%0[s`j`h0.)+/*&3g
            3E,*g%0[mh0.)+/*&3g%0[jsn`nh,.-3(*3g
            %0[79m`_
            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                         #,%&
                                     !""#$%&!#"'      0*<%'&#O#^.?%&#0*#K.+-"3
                                             ()*
%&%3%"3*+-   +3%(%<"3*+-<    .?@*)3%A<      3*)N&.(.'%*<   3*)N&.(.'%*<
                                                                 627
                                                               670
                                                                  68
                                               !!!"              67




).//+&*      )%3.E*&<       ,"-3%)%,"3%.&     <%3*#W*?        A.-+/




/),0#$$#-'"#3D/)$).%#-'

                                >%$$#'*#'H!/)&'O6#?!-J'KP@Q




,/#'8$!"#=)&2#'8!&"%3%8!"%0#'*#'&#3D#&3D#'N'
*10#$)88#2#/"

!*#K"&.-("?#*<3#+&*#,("3*A.-/*#W*?#0*#^*)N*-)N*#
*3#I42*(.,,*/*&3#,.+-##("#2%((*#0*#K"&.-D#,*3%3*#2%((*#
0+#=*C"<#"+C#G3"3<Xq&%<:#H+-#K"&.-("?<D#(*<#)%3.E*&<#
,*+2*&3#<.+/*33-*#0*<#%04*<#0B"/4(%.-"3%.&#0*#(*+-#2%((*:#
>.&3-"%-*/*&3#"+C#"+3-*<#<%3*<#0+#/b/*#'*&-*##
3*(#6+*#$%CKEH3-**3D#K"&.-("?<#N4?*-'*#0*<#%04*<#
?%*&#,(+<#,.%&3+*<#P^$;ID#3"'<#/.?%(*D#",,(%)"3%.&<#
"&0-.v0#Q#!"#,-4<*&)*#0*#,"-3*&"%-*<#
")"04/%6+*<#*3#%&0+<3-%*(<#0.&&*#5#)*33*#
,*3%3*#2%((*#(*<#/.E*&<#0*#<*<#"/?%3%.&<:
<#'=)/3"%)//#2#/"
!*#/4("&'*##,+?(%)X,-%24X-*)N*-)N*X
)%3.E*&#]#0+#K"&.-("?#A.&)3%.&&*#
*&#/.0*#!%2%&'("?<:#!"#,"-3%)%,"3%.&#
)%3.E*&&*#*<3#"+#-*&0*aX2.+<#)"-##
(*<#)%3.E*&<#,*+2*&3#<+%2-*#("#
,-.'-*<<%.&#0*<#%04*<#<.+/%<*<D##
0*#(B43",*#0B%&)+?"3%.&D#5#(B43",*##
0*#(%2-"%<.&#*3#,*+2*&3#%&3*-2*&%-#
3.+3#(*#(.&'#0+#,-.)*<<:#V+3-*#"<,*)3#




                                                                            )-40%3<O#N33,OTTWWW:/"&.-("?<:.-'T
%/,.-3"&3#5#-*3*&%-D#("#,"-3%)%,"3%.&#*<3#
.+2*-3*#"+C#&.&XN"?%3"&3<#0*#K"&.-D#
).//*#(*#<*-"%3#+&#2-"%#,-.@*3##
0*#^hI#,.<34#<+-#0*<#,("3*A.-/*<#3*((*<#
6+*#;&&.)*&3%2*:#!*<#%04*<#.&3#"+<<%#
2.)"3%.&#5#b3-*#*<<"%/4*<#*3#-4+3%(%<4*<#
,"-#01"+3-*<#).((*)3%2%34<##P%&&.2"3%.&#
.+2*-3*Q:

L(+<#(*<#N"?%3"&3<#,"-3%)%,*&3D#,(+<#%(<#
'"'&*&3#0*<#,.%&3<#0*#-4,+3"3%.&:#>*<#
,.%&3<#,*+2*&3#*&<+%3*#b3-*#4)N"&'4<#

O#+&#3.+-#*&#2.%3+-*#0*#,.(%)*#"2*)#(*#
<N4-%AD#0*<#A"+<<*<#)(4<#0*#("#2%((*D#+&#
3"?(*"+#*&)"0-4#,*-<.&&"(%<4D#b3-*#
/"%-*#,.+-#+&*#@.+-&4*D#.+#*&).-*#"2.%-#

2%((*:#!*#?(.'#040%4#6+%#"))./,"'&*#(*#
,-.@*3#*<3#4'"(*/*&3#3-F<#%&<3-+)3%AD#*3#
0.&&*#+&#2%<"'*#N+/"%&#5#(B%&%3%"3%2*:#
            G&#<"2.%-#,(+<
            N33,OTTWWW:/"&.-("?<:.-'T

            N33,OTT'.2A-*<N:)./T)"3*'.-ET#
            /"&.-78T
            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                   #-%&
                                   !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                           ()*
%&%3%"3*+-   +3%(%<"3*+-<    .?@*)3%A<      3*)N&.(.'%*<   3*)N&.(.'%*<

                                                              !!!"



).//+&*      )%3.E*&<       ,"-3%)%,"3%.&       </<         <%3*#W*?




K/#'2,/%3%8!$%"1'R'$AD#,&#'*,'
/,21&%M,#

             >%$$#'*#'S,/'OP%#&&!':#0!*!J'T-8!./#Q




!,'/,21&%M,#

I*,+%<#0%C#"&<D#l+&D#+&*#/+&%)%,"(%34#0*#("#,-.2%&)*#
0*#U-*&"0*D#*<3#0*2*&+*#(*#)E?*-X("?.-"3.%-*#0*#3.+3*#
(1G+-.,*:#H.+<#("#0*2%<*##(*#0-.%3#5#;&3*-&*3#,.+-#3.+<#]D#
("#/"%-%*#0*#)*#?.+-'#0*#Ym88#N"?%3"&3<#*<3#+&#*C*/,(*#

*&#/"3%F-*#0+#&+/4-%6+*#*3#"#042*(.,,4#+&*#24-%3"?(*#
,.(%3%6+*#0*#)E?*-04/.)-"3%*:#
<#'=)/3"%)//#2#/"
!1.-'"&%<"3%.&#01+&*#"<<*/?(4*#




                                                                             )-40%3<O#N33,OTTWWW:"E+&3"/%*&3.@+&:.-'T%&0*C:,N,
,(4&%F-*#5#("#/"%-%*#2%"#;&3*-&*3#*&#@+%&#
7889D#(*#2.3*#4(*)3-.&%6+*#*3#/.?%(*##
0F<#788_D#("#,.<<%?%(%34#01"2*-3%-#("#,.(%)*#
.+#01",,*(*-#5#("#'-F2*#'4&4-"(*#,"-#
HKHD#<.&3#0*<#*C*/,(*<#0*<#<%3+"3%.&<#
,.+-#(*<6+*((*<##
("#&+/4-%<"3%.&#0*#(1%&A.-/"3%.&D##

5#0*<#3d)N*<#"0/%&%<3-"3%2*<#6+%#
,-*&"%*&3#"+,"-"2"&3#0*<#N*+-*<#5#("#
,.,+("3%.&:#

!1.-'"&%<"3%.&#01+&*#"<<*/?(4*#
,(4&%F-*#5#("#/"%-%*#2%"#;&3*-&*3#*&#@+%&#
7889D#(*#2.3*#4(*)3-.&%6+*#*3#/.?%(*#0F<#
788_D#("#,.<<%?%(%34#01"2*-3%-#("#,.(%)*#
.+#01",,*(*-#5#("#'-F2*#'4&4-"(*#,"-#
HKHD#<.&3#0*<#*C*/,(*<#0*<#<%3+"3%.&<#
,.+-#(*<6+*((*<#("#&+/4-%<"3%.&#0*#
(1%&A.-/"3%.&D#"#",,.-34#3-"&<,"-*&)*#*3#

6+%#,-*&"%*&3#"+,"-"2"&3#0*<#N*+-*<#5#
("#,.,+("3%.&:

!1%&34'-"(%34#0*<#0.<<%*-<#/40%)"+C#0*<#
Y#m88#)%3.E*&<#0*#l+&#"#434#&+/4-%<4*#
*3#(1.-0.&&"&)*#4(*)3-.&%6+*#*<3#
0*2*&+*#("#&.-/*:
             G&#<"2.%-#,(+<
             N33,OTTWWW:"E+&3"/%*&3.@+&:.-'T
             %&0*C:,N,

             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T

                                                                    #&.%&
                                    !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                            ()*
%&%3%"3*+-   +3%(%<"3*+-<    .?@*)3%A<     .?@*)3%A<        3*)N&.(.'%*<   3*)N&.(.'%*<

                                                                !!!"          /001233




   43"3      )%3.E*&<       %&A.-/"3%.&   ,"-3%)%,"3%.&       <%3*#W*?     </"-3,N.&*




7&1#&',/'-%"#'*#'&#$!"%)/'!0#3'$#'
I&#2%#&'H%/%-"&#

                                                          T"!"'F&%"!//%M,#




,/'),"%$'*#'3)22,/%3!"%)/J'*+%/=)&2!"%)/'#"'
*#'*%!$).,#'!0#3'$#'3D#='*#'$+1"!"

G&#788nD#(*#i+-*"+#0+#L-*/%*-#/%&%<3-*#"+#98#I.W&%&'#
H3-**3##<1*<3#",,-.)N4#0*#("##<.)%434#/EH.)%*3E#,.+-#
).&<3-+%-*#+&#<%3*#%&<3%3+3%.&&*(#,"-3%)%,"3%A#.,*&X<.+-)*:#
!*#<%3*#&+/?*-98##*<3#"+@.+-01N+%#(1+&#0*<#,(+<#'-"&0#<%3*#
0*#("#04/.)-"3%*#,"-3%)%,"3%2*#*&#2.(+/*#0B+3%(%<"3*+-<:
<#'=)/3"%)//#2#/"

,.+-#3.+3*#,*-<.&&*#0*#04,.<*-#+&*#
,43%3%.&#5#0*<3%&"3%.&#0+#L-*/%*-#K%&%<3-*#
*3#0*#("#A"%-*#<%'&*-#,"-#<*<#).&)%3.E*&<:#
Ym888#,43%3%.&<#.&3#434#N4?*-'4*<#0*,+%<#<"#
)-4"3%.&:#!"#,(+<#'-"&0*#,43%3%.&#"#-*)+*%((%#
,(+<#0*#9Ds#/%((%.&#0*#<%'&"3+-*<:

q&*#,-.)40+-*#<%/,(*O
9T#>-4"3%.&#0*#("#,43%3%.&O#3.+3*<#(*<#,43%3%.&<#
-*<,*)3*+<*<#0*<#-F'(*<#<.&3#40%34*<:
7T#L.+-#<%'&*-#+&*#,43%3%.&D#+&#+3%(%<"3*+-#0.%3#

YT#V#("#)(R3+-*#0*#("#,43%3%.&#.&#("#<.+/*3#




                                                                                 )-40%3<O#N33,OTTWWW:&+/?*-98:'.2:+cT
"+C#A.&)3%.&&"%-*<#).&)*-&4<#,.+-#04?+3*-#
(*#3-"2"%(#"2*)#(*#9*-#/%&<3-*#.+#(*#/%&%<3F-*#
).&)*-&4:
_T#=.+3*#,*-<.&&*#6+%#<%'&*#+&*#,43%3%.&#
-*w.%3#+&#/"%(#043"%(("&3#("#-4,.&<*#0+#
'.+2*-&*/*&3#"+C#6+*<3%.&<#<.+(*24*<:

!*#<%3*#+3%(%<*#,(*%&*/*&3#(*<#.+3%(<#7:8##P$(%c-D#
x.+=+?*D#$")*?..cD#=W%33*-Q#"))*<<%?(*<#<+-#
(1*&<*/?(*#0*<#,"'*<:#V#&.3*-#(1*C%<3*&)*#
01+&*#V,,(%)"3%.&#;,N.&*#t+/?*-#98#,.+-#
<+%2-*#*&#/.?%(%34#(*<#")3+"(%34<#0+#<%3*#*3#
2%<%.&&*-#0*<#2%04.<#*3#,N.3.<D#<+%2-*#(*<#
0%<).+-<#k#



               G&#<"2.%-#,(+<
               WWW:t+/?*-#98:'.2:+c

               N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                         #&&%&
                                       !""#$%&!#"'    0*<%'&#O#^.?%&#0*#K.+-"3
                                               ()*
%&%3%"3*+-   +3%(%<"3*+-<     .?@*)3%A<     3*)N&.(.'%*<

                                               !!!"



).//+&*      )%3.E*&<       ,"-3%)%,"3%.&     <%3*#W*?




I$!"#=)&2#'*#'8!&"%3%8!"%)/''


                                            >%$$#'*#'6&%V!$!'O;&B3#Q




,/#')8"%2%-!"%)/'*#'$!'8!&"%3%8!"%)/''
3%")C#//#'*!/-'$#'8&)3#--,-'*13%-%)//#$''
*#'$!'2,/%3%8!$%"1U'
GXI%"(.'.<#*<3#+&#,-.@*3#,%(.3*#04,(.E4#0"&<##
("#/+&%)%,"(%34#0*#=-%c"("#*&#U-F)*#6+%#"#,*-/%<#("#/%<*#
*&#,(")*#01+&*#/43N.0.(.'%*#)./,(F3*#0*#04/.)-"3%*#
,"-3%)%,"3%2*#2%"#+&*#,("3*XA.-/*#W*?#040%4*<:#J%"#
)*33*#,("3*A.-/*D#(*<#)%3.E*&<#0*#("#2%((*#0*#=-%c"("#<.&3#
                                                         #
*&#u+2-*#0*<#,.(%3%6+*<#*3#")3%.&<#0*#(*+-#
/+&%)%,"(%34:#
<#'=)/3"%)//#2#/"
!"#/+&%)%,"(%34#0*#=-%c"("#"#)",%3"(%<4#
<+-#(*<#&.+2*((*<#3*)N&.(.'%*<#

04/.)-"3%6+*#,"-3%)%,"3%A#*&#(%'&*:#V2*)#
GXI%"(.'.<D##(*<#)%3.E*&<#,*+2*&3#-*<3*-#
%&A.-/4<#<+-#("#,.(%3%6+*##
0*#("#2%((*D#*&#0%<)+3*-#"2*)#(*+-<#
).&)%3.E*&<#*3#/*/?-*<#0+#).&<*%(#
/+&%)%,"(#*3#*C,-%/*-#(*+-<#.,%&%.&<#
(.-<#0*<#04?"3<#0+#>.&<*%(#/+&%)%,"(:

#!*#0%<,.<%3%A#GXI%"(.'.<#*<3#)./,.<4#
0*##3-.%<#.+3%(<#*<<*&3%*(<#6+%#,*+2*&3#
"+3"&3#A.&)3%.&&*-#<4,"-4/*&3##
6+*#<*#)./,(43*-#(*<#+&<#(*<#"+3-*<#,.+-#
+&*#.,3%/%<"3%.&#0*#("#,"-3%)%,"3%.&#
)%3.E*&&*#0"&<#(*#,-.)*<<+<#04)%<%.&&*(#




                                                                             )-40%3<O#WWW:*0%"(.'.<:'-
0*#("#/+&%)%,"(%34:
9X#GX>.&<+(3"3%.&
7X#GXL*3%3%.&#
YX#GXI4(%?4-"3%.&

!*#3-.%<%F/*#,-.)*<<+<#*<3#(*#,-.)*<<+<#
0*#GXI4(%?4-"3%.&#6+%#%&<3%'+*##
+&*#).(("?.-"3%.&#,(+<#43-.%3*#*&3-*##
(*<#"+3.-%34<#/+&%)%,"(*<##

/*%((*+-*<#,.(%3%6+*<#*3#,"-2*&%-#
5#+&#).&<*&<+<#<+-#(*<#6+*<3%.&<#
%/,.-3"&3*<#0*#("#/+&%)%,"(%34:##
             G&#<"2.%-#,(+<
             N33,OTTWWW:*0%"(.'.<:'-T,.-3"(

             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                    #&$%&
                                    !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                            ()*
%&%3%"3*+-   +3%(%<"3*+-<            .?@*)3%A<          3*)N&.(.'%*<

                                                                !!!"



    43"3      )%3.E*&<               ,"-3%)%,"3%.&          <%3*#W*?




T-")/%#J'


                                                                        T"!"'#-")/%#/




                             )-40%3<#,N.3.'-",N%6+*<O#A.3.(%"




H%/,'T#-"%

H+-##.<"(*:**#]#P#,"-3%)%,*#]QD#(*#<%3*#%&<3%3+3%.&&*(#("&)4#
*&#788jD#(B.?@*)3%A#0+#'.+2*-&*/*&3#0+#,.-3"%(##
*<3#0*#-*&A.-)*-#(B%&3*-")3%.&#*&3-*#(*#)%3.E*&##
*3#(*#'.+2*-&*/*&3#"%&<%#6+*#(*+-#,"-3%)%,"3%.&#0"&<##
(*#,-.)*<<+<#04/.)-"3%6+*:#
<#'=)/3"%)//#2#/"
=-.%<#"C*<#<3-+)3+-*&3#("#04/"-)N*#O#




                                                                              )-40%3<O#N33,OTTWWW:/%&+**<3%:**TZ(&'[*&
=.+3#0B"?.-0D#("#04(%?4-"3%.&#O##
(*<#)%3.E*&<#,*+2*&3#%&%3%*-#0*#&.+2*((*<#
,-.,.<%3%.&<#(4'%<("3%2*<D#,-4<*&3*-##
0*<#%04*<#*3#)-%3%6+*<#"+#'.+2*-&*/*&3##
*3#("&)*-#0*<#*X,43%3%.&<:#>*<#,43%3%.&<#
<.&3#<.+/%<*#"+#2.3*#*3#).//*&3"%-*#
0*<#"+3-*<#+3%(%<"3*+-<:
G&<+%3*D#("#,-.,.<%3%.&#*<3#3-"&</%<*##
"+#/%&%<3F-*#)./,43*&3D#6+%#0.%3#
                                           #
)*#6+*#(B")3%.&#"#434#.+#&B"#,"<#434#,-%<*##
*&#)./,3*#*3#,.+-6+.%:

G&<+%3*D#("#,"-3%)%,"3%.&O#(*<#)%3.E*&<#
,*+2*&3#,"-3%)%,*-#"+C#).&<+(3"3%.&<#
,+?(%6+*<:#!*<#)%3.E*&<#,*+2*&3#
,+?(%6+*/*&3#0.&&*-#(*+-#"2%<#,*&0"&3#
+&#/.%<#<+-#(*<#,-.@*3<#0*#(.%#,-4,"-4<#
,"-#0*<#.-'"&%</*<#'.+2*-&*/*&3"+C#
6+%#0.%2*&3#(*<#/*33-*#*&#(%'&*#<+-##
(*#<%3*:#


'.+2*-&*/*&3"(*<#0.%2*&3#,+?(%*-#0*<#
%&A.-/"3%.&<#,*-3%&*&3*<#-*("3%2*<##
"+C#04)%<%.&<#,.(%3%6+*<#5#2*&%-#,.+-#
"%0*-#5#("#).&<+(3"3%.&#,+?(%6+*:

             G&#<"2.%-#,(+<
             N33,OTTWWW:/%&+**<3%:**TZ(&'[*&

             N33,<OTTWWW:.<"(*:**T

             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                     #&(%&
                                     !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                             ()*
%&%3%"3*+-    +3%(%<"3*+-<    .?@*)3%A<      3*)N&.(.'%*<

                                                !!!"



"<<.)%"3%.&    N"?%3"&3<     ,"-3%)%,"3%.&     <%3*#W*?




K/#'8$!"#=)&2#'*#'-%./!$#2#/"'
*#-'8&)($B2#-'*!/-'$!'&,#

                                                            9%?''HC'P"&##"




,"%$%-#&'$!'0%.%$!/3#'*#'2%$%#&-'*+,"%$%-!"#,&-'
8),&'#/"&#"#/%&'$+#-8!3#'8,($%3

!*#,-.@*3#V&'("%<#$%CKEH3-**3#,*-/*3#"+C#N"?%3"&3<##
0*#!.&0-*<#0*#<%'&"(*-D#-*,.-3*-#*3#0%<)+3*-#0*<#
,-.?(F/*<#(.)"+C#6+B%(<#-*&).&3-*&3#0"&<#(*+-#6+"-3%*-:#

$%CKEH3-**3#*<3#+&#,-.@*3#,.-34#,"-#+&*#).//+&"+34#
"&'("%<*#0*#?4&42.(*<#/EH.)%*3E:.-':#;(<#2*+(*&3#%&%3%*-#

).//+&"+3"%-*<#*3#(*<#).((*)3%2%34<#"+C#&.+2*"+C#
+<"'*<#01;&3*-&*3:
<#'=)/3"%)//#2#/"
V#3-"2*-<#+&#<%3*#W*?#.,*&X<.+-)*#
).+,(4#5#+&#H;U#P<E<3F/*#01%&A.-/"3%.&#
'4.(.)"(%<4QD#(*<#)%3.E*&<#!.&0.&%*&<#
,*+2*&3#"&&.3*-#("#)"-3*#0*#(*+-#
6+"-3%*-#*&#+&#<%/,(*#)(%)#,+%<#-*/,(%-#
+&#A.-/+("%-*#,*-/*33"&3#0*#<%'&"(*-#
(*<#,-.?(F/*<:#;(#<B"'%3#'4&4-"(*/*&3#
0*#-*,.-3*-#0*<#,-.?(F/*<#0*#
2.%-%*<#).//*#0*<#("/,"0"%-*<#

)N"+<<4*<#"?y/4*<D#*3):#


(*#,-.?(F/*#*3#0BE#"@.+3*-#+&*#,N.3.:#
;(#*<3#*&<+%3*#3-"&</%<#"+C#"+3.-%34<#
)./,43*&3*<:#!*<#)%3.E*&<#,*+2*&3#
"+<<%#4)N"&'*-#<+-#(*<#,-.?(F/*<#

                                     #
0*#(*+-#-4<.(+3%.&:#!*#<%3*#<*#04)(%&*##
*&#",,(%)"3%.&#/.?%(*#2%"#"&0-.v0*:#!*#
<%3*#*<3#"+@.+-01N+%#"+<<%#0%<,.&%?(*#
,.+-#(*#>"&"0":#

I*,+%<#<"#)-4"3%.&#*&#788jD#(*#<%3*##
"#*&-*'%<3-4#m8#888#<%'&"(%<"3%.&<##
0*#,-.?(F/*<#5#(14)N*((*#(.)"(*D##7m#888#
.&3#434#3-"%34<#*3#-4<.(+<:#G&#7898D#,(+<##
0*#9888#<%'&"(%<"3%.&<#,"-#/.%<#.&3#434#
3-"%34*<#*3#-4<.(+*<:
             G&#<"2.%-#,(+<



             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                    #&)%&
                                    !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                            ()*
%&%3%"3*+-     +3%(%<"3*+-<     .?@*)3%A<      3*)N&.(.'%*<


                                                          .&


*&3-*,-%<*    34(4<,*)3"3*+-<   ,"-3%)%,"3%.&        32




K/'),"%$'*#'8!&"%3%8!"%)/L'$#'
0)"#'%/"#&!3"%='-,&'6>'8!&'@5P<




$!'8!&"%3%8!"%)/

I*,+%<#(*#9_#"2-%(#5#(1.))"<%.&#0*#(14/%<<%.&##t.+2*((*#
H3"-#]D#Kn#"#("&)4#(*#2.3*#%&3*-")3%A#*&#0%-*)3D##0*,+%<##
                                                      #
0*#H$^:#L.+-#("#<"%<.&#7898D#*&#,(+<#0+#2.3*##
                                                        #

(*+-#34(4).//"&0*#,.+-#4(%-*#("#t.+2*((*#H3"-#7898#
*&#6+*(6+*<#)(%)<:
)-40%3<O#N33,OTTWWW:<A-:A-T%&&.2"3%.&T7898X8mT&.+2*((*X<3"-:@<,Z<A-%&3%0[z>Kg")3+g).&3*&3<A-g3C3gKGV7
<#'=)/3"%)//#2#/"
I"&<#(*#)"0-*#0*#<.&#4/%<<%.&##
0*#34(4X-4"(%34D#t.+2*((*#H3"-D##
("#)N"y&*#Kn#%&2%3*#<*<#34(4<,*)3"3*+-<#
5#2.3*-#0*#/"&%F-*#%&3*-")3%2*#2%"#(*+-#
34(4).//"&0*:#q&#<%/,(*#)(%)#<+-##
(*#?.+3.&#f{#0*#("#34(4).//"&0*##

5#+&*#%&3*-A")*#Kn#T#t.+2*((*#H3"-D#
<,4)%"(*/*&3#).&w+*#,.+-#("#34(42%<%.&:#
!*<#34(4<,*)3"3*+-<#,*+2*&3#)N.%<%-#(*+-#
)"&0%0"3D#3.+3#*&#).&3%&+"&3#5#<+%2-*#
(14/%<<%.&#*&#0%-*)3#<+-#KnD#("#)N"y&*#
Kn#43"&3#%&34'-4*#5#)*33*#%&3*-A")*:

q&#)(%)#<+-#("#,N.3.#0+#)"&0%0"3#

*&#7#)(%)<#0*,+%<#("#34(4).//"&0*#

"+3./"3%6+*/*&3#"+#L"2%((.&#i"(3"-0:
>N"6+*#2.3*#*<3#A")3+-4#8Dmn|D#
04)./,34#0%-*)3*/*&3#0*#("#A")3+-*#
H$^:

!*#2.3*#%&3*-")3%A#*<3#-4<*-24##
5#(14/%<<%.&#0*#Kn#/"%<#.&#,*+3#
*&2%<"'*-#("#3-"&<,.<*-#5#01"+3-*<#
3N4/"3%6+*<:


            G&#<"2.%-#,(+<
            N33,OTTWWW:<A-:A-T%&&.2"3%.&T7898X8mT
            &.+2*((*X<3"-:@<,Z<A-%&3%0[z>Kg")3+g
            ).&3*&3<A-g3C3gKGV7

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T
                                                                      #&*%&
                                   !""#$%&!#"'      0*<%'&#O#^.?%&#0*#K.+-"3
                                           ()*
%&%3%"3*+-   +3%(%<"3*+-<    .?@*)3%A<    .?@*)3%A<    3*)N&.(.'%*<

                                                           !!!"



).//+&*      )%3.E*&<       %&A.-/"3%.&   0%<)+<<%.&     <%3*#W*?




7&1#&''
,/'W=!3#())V'*#-'0)%-%/-W

                                                       H!'&1-%*#/3#




,/'-#&0%3#'/,21&%M,#'3%")C#/'*#-"%/1'R'3&1#&'
*,'$%#/'-)3%!$

!*#<%3*#/"X-*<%0*&)*#<*#,-4<*&3*#).//*#(*##$")*?..c#
0*<#2.%<%&<#]:#>*#-4<*"+#<.)%"(#(.)"(D#)-44#*&#788jD#<1*<3#
0.&&4#,.+-#.?@*)3%A##0*#/*33-*#*&#-*("3%.&#(*<#N"?%3"&3<#
*&#(*+-#,*-/*33"&3#0*#<B4)N"&'*-#0*<#<*-2%)*<#.+#0*<#
%&A.-/"3%.&<#*3#0*#<1%&A.-/*-#<+-#("#2%*##
0+#6+"-3%*-#P"<<.)%"3%.&<#*3#).//*-w"&3<Q:#!*#<%3*#"#434#
("?*((%<4#).//*##H*-2%)*#t+/4-%6+*#*3#>%3.E*&#]##
,"-#(B"<<.)%"3%.&##!*#(.'*/*&3#&+/4-%6+*#*3#)%3.E*&#
]#6+%#0%<3%&'+*#(*<#<.)%434<#6+%#<B%/,(%6+*&3##,.+-#
)-4*-#0+#(%*&#<.)%"(#'-d)*#"+#&+/4-%6+*#]#
<#'=)/3"%)//#2#/"
H+-#/"X-*<%0*&)*:A-D#)N"6+*#-4<%0*&3#
,*+3#<+%2-*#<+-#+&#*<,")*#040%4#3.+3*<#
(*<#43",*<#0*#("#2%*#0*#<.&#%//*+?(*#
P-4+&%.&<D#3-"2"+CD#*3):Q#*3#b3-*#
%&A.-/4#0*<#04)%<%.&<#,-%<*<#,"-#<*<#
'*<3%.&&"%-*<:#I*,+%<#l"&2%*-#7898D##
/"X-4<%0*&)*:A-#"##42.(+4#*&#<1.+2-"&3#




                                                                            )-40%3<O#N33,OTTWWW:/"X-*<%0*&)*:A-T
"+<<%#"+C#-4<%0*&)*<#%&0%2%0+*((*<:##
!*<#"<<.)%"3%.&<#*3#).//*-w"&3<#(.)"+C#
,*+2*&3#"+<<%#).//+&%6+*-##
                                   #
*3#0*#<*-2%)*<#"+C#N"?%3"&3<:#

G&#@+%&#788`D#/"X-4<%0*&)*:A-#"#/%<#
*&#,(")*#0"&<#+&#z!K#01V(A.-32%((*D#
+&#4)-"&#-*(%4#"+#<%3*#6+%#,-4<*&3*#
"+C#(.)"3"%-*<#(*<#0*-&%*-<#<*-2%)*<#
6+1%(<#<*#,-.,.<*&3#014)N"&'*-D#
0*<#%&A.-/"3%.&<#0+#?"%((*+-D#0*<#
%&A.-/"3%.&<#0*#(1"<)*&<.-%<3*#*3#0*<#
,-./.3%.&<#)N*a#0*<#).//*-w"&3<#5#
/.%&<#01+&#c%(./F3-*#0*#(*+-#%//*+?(*:

V+3-*#A")3*+-#0+#<+))F<#0+#<%3*D#
(1%/,(%)"3%.&#014(+<#(.)"+C#0"&<##
("#,-./.3%.&#0+#-4<*"+D#"2*)#,"-#
*C*/,(*#G2-EY#D+&#'-.+,*#<+-#A")*?..c#
6+%#2%*&3#0*#<1.+2-%-#P#77#@"&2%*-#7898Q##
*3#,*-/*3#01%&<3"+-*-#(*#0%"(.'+*#"2*)#
(*<#N"?%3"&3<#0*#("#2%((*#01G2-E:#
            G&#<"2.%-#,(+<
            N33,OTTWWW:/"X-*<%0*&)*:A-T

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                   #&+%&
                                   !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                           ()*
%&%3%"3*+-   +3%(%<"3*+-<   .?@*)3%A<     3*)N&.(.'%*<




*&3-*,-%<*    )%3.E*&<      %&A.-/"3%.&   -4<*"+C#<.)%"+C




<+!.)&!'*#-'&1-#!,?'
*#'8&)?%2%"1

                                                  @.)&!'*#-'&1-#!,?




K/'!.&1.!"#,&'*#'&1-#!,?'-)3%!,?'$)3!,?''
#"'/!"%)/!,?

!1"'.-"#0*<#-4<*"+C#*<3#+&#,-.@*3#0*#'-"&0#"&&+"%-*#
*3#01"'*&0"#-*)*&<"&3#*3#,-4<*&3"&3#0*<#-4<*"+C#
A-"&).,N.&*<#,"-3*&"%-*<#*3#(*+-<#42F&*/*&3<:#>*33*#
%04*#5#434#("&)4*#*&#/"-<#7898#5#(1.))"<%.&##
0+#K*0%">"/,#0*#K"-<*%((*:#H.&#.?@*)3%A#*<3#0*#

*3#<+-#(*<#,-%&)%,"+C#-4<*"+3*+-<D#<+-#+&#,("&#&"3%.&"(D#
/"%<#4'"(*/*&3#<+-#+&#,("&#(.)"(:
)-40%3<O#N33,OTTWWW:"'.-"X0*<X-*<*"+C:)./T
<#'=)/3"%)//#2#/"
!*#,-.@*3#2%<*#5#)-4*-#+&#"'*&0"##
0*<#-4<*"+C#0*#,-.C%/%34#*3#/*33-*##
                                   #
0*#,-.C%/%34#P,"-#"--.&0%<<*/*&3<D##
.+#).//+&*<#,"-#*C*/,(*Q#+&#}"'*&0"#
0*<#-4<*"+C#0*#,-.C%/%34~D#,-4<*&3"&3#
(*<#-4+&%.&<D#42F&*/*&3<D#<"(.&<#
                                     #
0*#,-.C%/%34:#

;(#,*-/*33-"#5#3.+3*#,*-<.&&*#04<%-*+<*#
01*&3-*-#0"&<#+&#-4<*"+#0*#<"2.%-#6+*(<#
-4<*"+C#*C%<3*&3#,-F<#0*#)N*a#*((*D#
0*#<"2.%-#)*#6+%#*<3#.-'"&%<4D#6+"&0D#
*3#0*#,.+2.%-#E#"<<%<3*-D#0*#/"&%F-*#
3-F<#<%/,(*D#*3#*&).-*#+&*#A.%<D#3-F<#
).&)-F3*:#q&#"+3-*#.?@*)3%A#<*-"##
0*#/"%((*-#(*<#-4<*"+C#*&3-*#*+CD#*3#0*#
(*+-#0.&&*-#+&#/.E*&##
0*#).//+&%)"3%.&D#01.-'"&%<"3%.&#
)-.%<4*D#,.+-#+&#*&-%)N%<<*/*&3#/+3+*(#
*3#+&*#)-.%<<"&)*#).//+&*:

!*<#A+3+-*<#A.&)3%.&&"(%34<#0+#<%3*O
X#+&#V&&+"%-*#0*<#-4<*"+CD
X#+&#V'*&0"#0*<#-4<*"+CD
X#+&#A.-+/#0*<#-4<*"+CD
X#+&#?(.'#0*<#-4<*"+C


            G&#<"2.%-#,(+<
            N33,OTTWWW:"'.-"X0*<X-*<*"+C:)./T

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                    #&-%&
                                   !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                           ()*
%&%3%"3*+-     +3%(%<"3*+-<   +3%(%<"3*+-<    .?@*)3%A<     .?@*)3%A<    3*)N&.(.'%*<


                                                                             !!!"



*&3-*,-%<*    ).&<.//"3*+-<    *&3-*,-%<*<    %&A.-/"3%.&    0%<)+<<%.&     <%3*#W*?




6#-"/"&,-"J'2!X"&%-#&'


                                                            -%"#'"#-"/"&,-"




>-44*#*&#@"&2%*-#7898D#=*<3&3-+<3#*<3#+&*#,("3*A.-/*#
0*#<"3%<A")3%.&#*&#(%'&*#6+%##A")%(%3*#(*#0%"(.'+*#*&3-*#
(*<#).&<.//"3*+-<#*3#(*<#*&3-*,-%<*<#/"%<#"+<<%#*&3-*#
"0/%&%<3-4<#*3#).((*)3%2%34<#*3#"/4(%.-*-#"%&<%#("#6+"(%34##
                                                 #
("#*X-4,+3"3%.&#0*<#*&3-*,-%<*<X"0/%&%<3-"3%.&<:#
<#'=)/3"%)//#2#/"
=*<3&3-+<3#*<3#(*#,-*/%*-#)./,"-"3*+-#
0*#<"3%<A")3%.&#0+#/"-)N4:##
!*#,-%&)%,*#*<3#<%/,(*#O#"+#3-"2*-<##
01+&*#/4)"&%6+*#01",,-4)%"3%.&#
.-%'%&"(*D#(*<#).&<.//"3*+-<X+<"'*-<#
*C,-%/*&3#(*+-<#<"3%<A")3%.&<#<+-#(*+-<#
*C,4-%*&)*<#,-.0+%3<#.+#<*-2%)*<:##
;(<#&.3*&3#(*<#,-.0+%3<D#(*<#<*-2%)*<D##
(*<#,.%&3<#0*#2*&3*#*3#(*<#<%3*<#;&3*-&*3:#
=*<3&3-+<3#,*-/*3#+&*#&.+2*((*#-*("3%.&#
*&3-*#(*<#*&3-*,-%<*<X"0/%&%<3-"3%.&<#
*3#(*<#).&<.//"3*+-<X)%3.E*&<#?"<4*#
<+-#("#'*<3%.&#0*#<"#*X-*,+3"3%.&:#




                                                                            )-40%3<O#N33,OTTWWW:3*<3&3-+<3:)./T
!BGX^4,+3"3%.&#*<3#(1%/"'*#6+*#(*<#
%&3*-&"+3*<#<*#A.&3#01+&*#/"-6+*##
.+#01+&*#,*-<.&&*:##!"#)*-3%3+0*#01b3-*#
*&3*&0+#*<3#("#,-*/%F-*#,-./*<<*##
0*#=*<3&3-+<3S#3.+<#(*<#"2%<#<.&3#
3-"&</%<#"+C#*&3-*,-%<*<#*3#).((*)3%2%34<#
).&)*-&4*<#*3#)*((*<X)%#,*+2*&3#
-4,.&0-*#"+C#).&3-%?+3%.&<:#!"#-4,.&<*#
0B+&*#*&3-*,-%<*#.+#01+&*#).((*)3%2%34#
X#<.+<#-4<*-2*#6+*#(*#).&<.//"3*+-X
                                    #
<+-#<"#&.3*:#V2*)#(*<#.+3%(<##
0*#=*<3&3-+<3D#)N"6+*#*&3-*,-%<*##
.+##).((*)3%2%34##,*+2*&3#"%&<%#/"y3-%<*-#
<"#*X-4,+3"3%.&:


            G&#<"2.%-#,(+<
            N33,OTTWWW:3*<3&3-+<3:)./T

            N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                   #$.%&
                                   !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                           ()*
%&%3%"3*+-     +3%(%<"3*+-<   +3%(%<"3*+-<    .?@*)3%A<    3*)N&.(.'%*<


                                                              !!!"



*&3-*,-%<*   ).&<.//"3*+-<    *&3-*,-%<*<    %&A.-/"3%.&     <%3*#W*?




4@*0%Y#J'*%!$).,#&'!0#3''
$#-'%/"#&/!,"#-

                                                                          %!*0%Y#




,/'3)28")%&'*#'*%!$).,#'*12!"1&%!$%-1'8),&'
=!0)&%-#&'$A!33)28!./#2#/"'*#-'%/"#&/!,"#-

;"02%a*#*<3#+&#<E<3F/*#0*#3)N"3#5#%&34'-*-#<+-#<.&#<%3*#
%&3*-&*3:#>*33*#<.(+3%.&#"#434#042*(.,,4*#,.+-#"%0*-#
(*<#%&3*-&"+3*<#,*-0+<#<+-#+&#<%3*:#;"02%a*#"#434#).&w+#
,.+-#(*<#<%3*<#01*).//*-)*#/"%<#<.&#+<"'*#,*+3Xb3-*#
+3%(*#5#0*<#).((*)3%2%34<#6+%#<.+N"%3*&3#04/"34-%"(%<*-#
+&*#,"-3%*#0*#(1"))./,"'&*/*&3#0*#(*+-<#)%3.E*&<:#
0"&<#(1",,-.,-%"3%.&#0*#04/"-)N*<#"0/%&%<3-"3%2*<#
04/"34-%"(%<4*<#.+#,.+-#+&#,-*/%*-#&%2*"+#
01%&A.-/"3%.&:
<#'=)/3"%)//#2#/"
>*33*#<.(+3%.&#2%<*#5#)-4*-#+&*#
,-.C%/%34#*&3-*#(1%&3*-&"+3*#*3#(*#<%3*#
2%<%34#,"-#+&#<E<3F/*#0*#3)N"3#*&#0%-*)3:#




                                                                         )-40%3<O#N33,OTTWWW:%"02%a*:)./
U-d)*#5#)*33*#<.(+3%.&#(1%&3*-&"+3*#<*#
-*3-.+2*#"))./,"'&4#0+-"&3#3.+3*#<"#
2%<%3*#<*(.&#<.&#?*<.%&:

!1%&<3"(("3%.&#0*#)*33*#<.(+3%.&#*<3#
<%/,(*#*3#<*#A"%3#0%-*)3*/*&3#<+-#(*#<%3*:#
;(#,*-/*3#0*O#

9T#I%"(.'+*-#"2*)#(*<#2%<%3*+-<#,"-#(*#
<E<3F/*#0*#3)N"3

7T#f-%*&3*-#(*<#2%<%3*+-<D#,"-#+&#<E<3F/*#
0*#/4/.-%<"3%.&#0*#(%*&<D#0*#,"'*<#P:::Q#
%(#*<3#,.<<%?(*#01"<<%<3*-#(*#2%<%3*+-#0"&<#
<"#&"2%'"3%.&

YT#>.&3-R(*-#0*#(1")3%2%34D#"2*)#0*<#
%&0%)"3*+-<#%(#*<3#,.<<%?(*#0*#/%*+C#
",,-4N*&0*-#(*#).&3*&+#0*<#,-.?(F/*<#
-*&).&3-4<D#("#<"3%<A")3%.&:::
;"02%a*#*<3#+&*#<.(+3%.&#0.&3#
(1+<"'*#,*+3#"%0*-#(*<#)%3.E*&<#
0"&<#(1",,-.,-%"3%.&#0*#04/"-)N*<#
"0/%&%<3-"3%2*<#04/"34-%"(%<4*<#.+#,.+-#
+&#,-*/%*-#&%2*"+#01%&A.-/"3%.&:


             G&#<"2.%-#,(+<
             N33,OTTWWW:%"02%a*:)./

             N33,OTT%&&.2"3%.&<0*/.)-"3%):.-'T


                                                                    #$&%&
                                    !""#$%&!#"'   0*<%'&#O#^.?%&#0*#K.+-"3
                                            ()*

Mais conteúdo relacionado

Mais procurados

Hernandez sampieri metodologia de-la_investigacion_completo
Hernandez sampieri   metodologia de-la_investigacion_completoHernandez sampieri   metodologia de-la_investigacion_completo
Hernandez sampieri metodologia de-la_investigacion_completo
JESUS FLORES
 
Ea e biodiversidade pedrini ambiente e educação 2006
Ea e biodiversidade  pedrini ambiente e educação 2006Ea e biodiversidade  pedrini ambiente e educação 2006
Ea e biodiversidade pedrini ambiente e educação 2006
AlexandredeGusmaoPedrini
 
凌志手机连锁杯最佳手机销售商读者评选15
凌志手机连锁杯最佳手机销售商读者评选15凌志手机连锁杯最佳手机销售商读者评选15
凌志手机连锁杯最佳手机销售商读者评选15
sugeladi
 
đA kt 1 tiết
đA kt 1 tiếtđA kt 1 tiết
đA kt 1 tiết
ntquangbs
 

Mais procurados (9)

Bibliography
BibliographyBibliography
Bibliography
 
Hernandez sampieri metodologia de-la_investigacion_completo
Hernandez sampieri   metodologia de-la_investigacion_completoHernandez sampieri   metodologia de-la_investigacion_completo
Hernandez sampieri metodologia de-la_investigacion_completo
 
The true message of jesus christ
The true message of jesus christThe true message of jesus christ
The true message of jesus christ
 
Ea e biodiversidade pedrini ambiente e educação 2006
Ea e biodiversidade  pedrini ambiente e educação 2006Ea e biodiversidade  pedrini ambiente e educação 2006
Ea e biodiversidade pedrini ambiente e educação 2006
 
凌志手机连锁杯最佳手机销售商读者评选15
凌志手机连锁杯最佳手机销售商读者评选15凌志手机连锁杯最佳手机销售商读者评选15
凌志手机连锁杯最佳手机销售商读者评选15
 
Doc002
Doc002Doc002
Doc002
 
Etude Tbi 240206
Etude Tbi 240206Etude Tbi 240206
Etude Tbi 240206
 
Open erp1
Open erp1Open erp1
Open erp1
 
đA kt 1 tiết
đA kt 1 tiếtđA kt 1 tiết
đA kt 1 tiết
 

Destaque

Destaque (20)

Me la phat
Me la phatMe la phat
Me la phat
 
Orchidees
Orchidees Orchidees
Orchidees
 
12 tiếng gõ lúc nửa đêm
12 tiếng gõ lúc nửa đêm12 tiếng gõ lúc nửa đêm
12 tiếng gõ lúc nửa đêm
 
It smagic
It smagicIt smagic
It smagic
 
Fix my street, une plateforme de signalement des problèmes dans la rue
Fix my street, une plateforme de signalement des problèmes dans la rueFix my street, une plateforme de signalement des problèmes dans la rue
Fix my street, une plateforme de signalement des problèmes dans la rue
 
Recipesof che`vietnam
Recipesof che`vietnamRecipesof che`vietnam
Recipesof che`vietnam
 
American deserts
American desertsAmerican deserts
American deserts
 
Cuu long
Cuu longCuu long
Cuu long
 
Mountain goat
Mountain goat Mountain goat
Mountain goat
 
Le prophète moïse (psl). french. français
Le prophète moïse (psl). french. françaisLe prophète moïse (psl). french. français
Le prophète moïse (psl). french. français
 
Mon an viet_nam_tinh_hoai_huong
Mon an viet_nam_tinh_hoai_huongMon an viet_nam_tinh_hoai_huong
Mon an viet_nam_tinh_hoai_huong
 
Hay biet on doi
Hay biet on doiHay biet on doi
Hay biet on doi
 
Trai cay que huong
Trai cay que huongTrai cay que huong
Trai cay que huong
 
Dong dao noel
Dong dao noelDong dao noel
Dong dao noel
 
Marche flotant en_hollande
Marche flotant en_hollandeMarche flotant en_hollande
Marche flotant en_hollande
 
Cau truong tien
Cau truong tienCau truong tien
Cau truong tien
 
Ha noi mua mua
Ha noi mua muaHa noi mua mua
Ha noi mua mua
 
Modèle d'une plateforme de veille visant à automatiser la rediffusion de l'in...
Modèle d'une plateforme de veille visant à automatiser la rediffusion de l'in...Modèle d'une plateforme de veille visant à automatiser la rediffusion de l'in...
Modèle d'une plateforme de veille visant à automatiser la rediffusion de l'in...
 
teenage moods opnieuw
teenage moods opnieuwteenage moods opnieuw
teenage moods opnieuw
 
Así trabajamos
Así trabajamosAsí trabajamos
Así trabajamos
 

Semelhante a Veille sur les nouveaux usages participatifs numériques (11)

Doc002
Doc002Doc002
Doc002
 
Walt disney KKKKKK
Walt disney KKKKKKWalt disney KKKKKK
Walt disney KKKKKK
 
correct_Portal manual
correct_Portal manual correct_Portal manual
correct_Portal manual
 
177
177177
177
 
Form for Tour Operator (company)
Form for Tour Operator (company)Form for Tour Operator (company)
Form for Tour Operator (company)
 
O ! -法同时检测牛尿中三种玉米赤霉醇
O ! -法同时检测牛尿中三种玉米赤霉醇O ! -法同时检测牛尿中三种玉米赤霉醇
O ! -法同时检测牛尿中三种玉米赤霉醇
 
00 obsah
00 obsah00 obsah
00 obsah
 
Architectuurcongres 2004
Architectuurcongres 2004Architectuurcongres 2004
Architectuurcongres 2004
 
玩转秋冬温泉特卖会
玩转秋冬温泉特卖会玩转秋冬温泉特卖会
玩转秋冬温泉特卖会
 
Doc001
Doc001Doc001
Doc001
 
Proyecto De Ley De Agencias De Seguridad Privada
Proyecto De Ley De Agencias De Seguridad PrivadaProyecto De Ley De Agencias De Seguridad Privada
Proyecto De Ley De Agencias De Seguridad Privada
 

Veille sur les nouveaux usages participatifs numériques