SlideShare uma empresa Scribd logo
1 de 42
Baixar para ler offline
!"#$%&'$(%)*+



   ,-%&.*$%/0%
   ,-%&.*$%/0%
1(2-$'3*3'4$
  0$%!$506$05
     &*+(%*%&*+(
!"#$%&'("#%)#%*+,'-".%)'$/"'(0'"%1%*+203'*-"%
          ,4(&'*-2#3/#%#&%*+3/#3')+%)#%#$/#%&'("+.%
        $'#2,"#%50#%&+%6-7-$%$'3%83'2+%)#%&0*"+%1%
*'/-3)+%-&%-0/+"%9#3&-:-3)+%$0%,87'3-.%#3%;3/#"3#/<

                                  =0/+">%;?83%@'3+

                          A#(>%6//,>BB'?-3,'3+C*+2
7%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                       &64.(8(
E'#3?#3')F

!3%#$/-$%,87'3-$.%#3*+3/"-"8$%03-%$#"'#%)#%-"/G*0&+$%
,0(&'*-)+$%#3%2'%(&+7%)#%,-0/-$%1%/#3)#3*'-$%)#%
                  *+203'*-*'H3%*+",+"-/'?-.%
                  '?-3,'3+CIJK.%#3%&+$%50#%6#%')+%
                  )#$-""+&&-3)+%03%2+)#&+%,"+,'+%)#%
                  ,&-3'L'*-*'H3%)#%"#&-*'+3#$%,4(&'*-$%
                  +3&'3#C%!$,#"+%$'3*#"-2#3/#%50#%/#%
$'"?-3%)#%70G-%,-"-%7#$/'+3-"%&-%"#,0/-*'H3%*+",+"-/'?-%
)#%/0%+"7-3':-*'H3%#3%;3/#"3#/C

M"-*'-$%,+"%&##"2#.

;?83%@'3+%N-$
I+3$0&/+"%)#%I+203'*-*'H3
'?-3,'3+:-$F72-'&C*+2
9%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                                   :$/'30
$345676                                              8

*69:;<=>3?#@;#6A36B#AC39<;6B                         D

;
&;E5<B<B#F5670655G#(@B=:H3@#!:#*69:;<I>I             JD
JG#$3@K>3>#A:#=>L>#I@#M@33>9<@;A>B                   JD
NG#-I@;A<O<=>#56B#K@3O<5@B#I@#A:B#<;A@356=:A63@B     JP
8G#(@O<;@#56B#AC39<;6B#55>Q@#I@#A:#=69:;<I>I         JR
SG#%6=>5<T>#A:B#=6;A>=A6B#@;#5>#U@H#NGV              JW
XG#,6;<A63<T>#A:B#K6B<H5@B#3@5>=<6;@B#@;#5>#0@I      NV

<%
)BA3>A@7<>#Y@Z[63IG#$6B<=<6;>#!:#,>3=>               NN
JG#(@O<;@#A:B#6HL@A<Q6B#I@#=69:;<=>=<4;#6;5<;@       NN
NG#@5@==<6;>#A:B#K>5>H3>B#=5>Q@#@;#-;A@3;@A         N8
8G#)BA3:=A:3>#A:#K6B<=<6;>9<@;A6#@;#5>#0@I           NX

7%
!E=A<=>#$6BAG#*69K>3A@#!:B#*6;A@;<I6B                ND
JG#,6;A>#A:#H567#=63K63>A<Q6                         ND
NG#*:@57>#K@3O<5@B#@;#5>B#0@I@B                      NP
8G#&=A<Q>#=:@;A>B#@;#>73@7>I63@B                     NR
SG#$:H5<=>#=6;A@;<I6B#I@#=>5<I>I                     NR
=%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




9%
+K@3>A<Q>#%<;]G#$6A@;=<>#!:B#1^;=:56B           8V
JG#_@BA<6;>#A:B#=69@;A>3<6B                     8V
NG#-;A@3=>9H<>#@;5>=@B                          8N
8G#-;=@;A<Q>#5>#B:B=3<K=<4;                     8N
SG#-;Q<A>#>#A:B#3@I@B                           88
XG#,>3=>#A:B#=6;A@;<I6B                         88
DG#$3696=<6;>#+OO`5<;@                          8S

=%
)Q>5:>=<4;#_6675@G#,<I@#!:#0@K:A>=<4;           8X
JG#)Q>5a>#5>#=3@I<H<5<I>I#I@#A:#9>3=>           8D
NG#)b>9<;>#5>#=6;O<>;T>#@;#A:#9>3=>             8R
8G#,6;<A63<T>#A:#3@K:A>=<4;#@;#_6675@           SV


);5>=@B                                         SJ

*6;A>=A6                                        SN
>%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




1(2-$'3*6?
0$%(56(+%5@62'$(+
O3%,&-3%)#%*+203'*-*'H3%+3&'3#%)#(#%)#%,"#,-"-"$#%
*+2+%*0-&50'#"%+/"+%,&-3%)#%*+203'*-*'H3%*+",+"-/'?-C%
I+3%$0%-,-"/-)+%)#%-38&'$'$.%$0%,"+,0#$/-%)#%#$/"-/#7'-.%
1%#&%,&-3/#-2'#3/+%)#%&-$%/8*/'*-$%1%+,#"-*'+3#$%28$%
-)#*0-)-$C%@#"+.%-)#28$.%/#3)"8%50#%'3/"+)0*'"%&+$%
30#?+$%*+3*#,/+$%1%,"'3*','+$%50#%&-%A#(%P+*'-&%#$/8%
/"-$&-)-3)+%-%&-$%Q#&-*'+3#$%@4(&'*-$C

%>#(@O<;<=<4;%R

ST0U%&-%I+203'*-*'H3%VCWX%!3%/U"2'3+$%,"8*/'*+$.%&-%
*+203'*-*'H3%50#%7#$/'+3-3%9+%)#(#"G-3%7#$/'+3-"<%&-$%
+"7-3':-*'+3#$%#3%;3/#"3#/%,-"-%+,/'2':-"%$0%
"#,0/-*'H3%*+",+"-/'?-C%P#%)#L'3#%#3%*'3*+%-$,#*/+$%
)'L#"#3*'-&#$%"#$,#*/+%)#%&-%*+3?#3*'+3-&%#3%#&%203)+%
)#$*+3#*/-)+.%*+2+%?-$%-%?#"C




! #
  MAAKcdd<Q>;K<;6G=69d=<;=6`9>b<9>B`I@`5>`=69:;<=>=<6;`NVd
                                                         #
A%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



*69:;<=>=<4;

Y#%')-%1%?0#&/-C%I+3%"#/+"3+.%"#$,0#$/-C%P0L"'#3)+%
'3/#"L#"#3*'-$%#%'3/#","#/-*'+3#$C%Y#%#2'$+"%-%"#*#,/+"%
91%?'*#?#"$-<C%@0"-%*+203'*-*'H3C%=$G%#$%#&%30#?+%
2+)#&+C

Z-%3+%(-$/-%&-%&H7'*-%)#%&-%)'L0$'H3.%#&%#$50#2-%
,0(&'*'/-"'+>%28['2-%-0)'#3*'-%,-"-%2'%2#3$-#.%
G3/#7"+%#%'3)'$*0/'(&#C%]-%'3L+"2-*'H3%3+%#$%,"+,'#)-)%
)#&%#2'$+"^%-6+"-%$#%)#L'3#%#3%#&%'3/#"*-2('+.%#3%&-%
,-"/'*',-*'H3C

=$G%50#.%$'%(0$*-$%2#+"-"%#&%*+3+*'2'#3/+%1%?-&+"-*'H3%
)#%/0%+"7-3':-*'H3%#3%#&%L0/0"+%'32#)'-/+.%/#%-*+3$#+%
50#%,'#")-$%#&%2'#)+%-&%)#$*+3/"+&C%K#+".%-)8,/-/#%1%
)'$L"0/-C

-;A@3K@3B6;>5

;3/#"-**'H3%#3/"#%,#"$+3-$C%_+%#3/"#%2-"*-$C%_+%#3/"#%
+"7-3':-*'+3#$C%!$#%#$%#&%7"-3%*-2('+%1%#&%7"-3%"#/+>%
6-*#"%*+203'*-*'H3%*+",+"-/'?-%$'3%*+",+"-*'+3#$.%+%-%
,#$-"%)#%#&&-$C%@#"+%#$%'3#&0)'(&#C%!$%&-%#$#3*'-%)#%&+$%
30#?+$%2#)'+$%$+*'-&#$>%,"+1#*/-"%,#"$+3-&')-)#$%1%
,"+2+?#"%"#&-*'+3#$%9)#3/"+%1%L0#"-%)#%;3/#"3#/<C

=$G%+*0""'"8%50#%&-%'2-7#3%)#%&-$%+"7-3':-*'+3#$%$#"8.%
*-)-%?#:%28$.%&-%50#%$#%*+203'50#3%&-$%,#"$+3-$%50#%
B%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



&-$%*+3L+"2-3%9$+*'+$.%,"+L#$'+3-&#$.%*&'#3/#$.`<.%1%*-)-%
?#:%2#3+$.%&-%50#%/"-3$2'/-3%$0$%#$&H7-3#$%1%&+7+/',+$C

$aH5<=>

I+203'*-*'H3%'3/#",#"$+3-&.%$G.%,#"+%-%,&#3-%&0:%)#&%)G-.%
$'3%'3/'2')-).%1%"#/"-3$2'/')-%-%/+)+%#&%203)+.%#3%?'?+%
1%#3%)'"#*/+C%=$G%$+3%&-$%30#?-$%"#7&-$C%K01%)'L#"#3/#$%-%
&-$%)#%&-%3#7+*'-*'H3%#3/"#%L0#3/#$%1%,#"'+)'$/-$%-%&-%50#%
#$/-2+$%-*+$/02("-)+$%&+$%*+203'*-)+"#$C

_56H>5

P'3%&G2'/#$%)#%/'#2,+%1%#$,-*'+C%=$G%#$%&-%*+203'*-*'H3%
50#%3+$%6-%("'3)-)+%;3/#"3#/C%_+$%,#"2'/#%'3/#"*-2('-"%
2#3$-#%)#%L+"2-%'3$/-3/83#-.%)#%03%&-)+%-&%+/"+%)#&%
,&-3#/-.%1.%-&%2'$2+%/'#2,+.%$0,#"-"%&-$%(-""#"-$%)#&%
,"#$#3/#%-&2-*#3-3)+%30#$/"+$%)-/+$%#3%&-%Q#)C

_+%#$%03-%*&-?#%2#3+"C%@-"-%#2,#:-".%,+3#%#3%*0#$/'H3%
#&%*+3*#,/+%)#%-*/0-&')-)%50#%$+$/'#3#%&-%*+203'*-*'H3%
$+*'-&%?'7#3/#C%;2,&'*-%50#%1-%3+%#$%'2,"#$*'3)'(&#%
*+3?#"/'"%#3%3+/'*'-%-%30#$/"-%+"7-3':-*'H3%,-"-%50#%$#-%
2-/#"'-%'3L+"2-/'?-%)#%'3/#"U$%,4(&'*+C

Z-%#['$/#3%2#3$-#$%50#%*'"*0&-3%a1%,#"2-3#*#3a%#3%&-%
Q#)%28$%-&&8%)#%&+$%'3/#"?-&+$%1%*"'/#"'+$%,#"'+)G$/'*+$C
C%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



+K@3>A<Q>

]-%30#?-%*+203'*-*'H3%)#2-3)-%"#-**'+3#$C%!$/8%
?+&*-)-%#3%&-%-**'H3>%?#3/-$.%-*0#")+$.%*+3/-*/+$.`%
2'#3/"-$%50#%&-%*+203'*-*'H3%)#%2-$-$%#$%28$%
*+3/#2,&-/'?-.%)#&'(#"-/'?-.%)#%"-G:%'&0$/"-)->%+"'#3/-)-%
-&%*+3+*'2'#3/+C

P#"8%+/"-%?G-%)#%*-2('+$C%O3%*-2'3+%,+"%#&%50#%$#%
-/'$(-%&-%*+3?#"7#3*'-%#3/"#%#&%,#"'+)'$2+%1%&-%
,0(&'*')-).%+%&-%*+203'*-*'H3%1%#&%2-"b#/'37C%]-$%&G3#-$%
50#%&-$%$#,-"-3.%#3%&-%,"8*/'*-.%$+3%*-)-%?#:%28$%L'3-$.%
,#"+%,#"$'$/#3%&+$%*+3*#,/+$%1%*+$/02("#$%50#%$'70#3%
$#,-"83)+&-$C

%>B#*5>Q@B#V

]+$%*+3$0&/+"#$%)#%*+203'*-*'H3%#2,&#-2+$%
*+3/'30-2#3/#%/U"2'3+$%*+2+%,4(&'*+$.%2#3$-#$.%
'2-7#3%#%'2,-*/+$C%P+3%&-%50'3/-#$#3*'-%)#%30#$/"-%
,"+L#$'H3C%_+%6-1%,&-3%)#%Q#&-*'+3#$%@4(&'*-$%)+3)#%3+%
-,-"#:*-%-&703+%)#%#&&+$C%@#"+%#$+%?-%-%*-2('-"C%!$/83%
7#"2'3-3)+%*+3*#,/+$%-&/#"3-/'?+$.%+/"-$%')#-$%50#%3+$%
&&#7-3%)#$)#%&-%A#(%VCW%,-"-%50#)-"$#C




N #
  MAAKcdd<Q>;K<;6G=69d;:@Q6B`=6;=@KA6B`K>3>`5>B`3@5>=<6;@B`K:H5<=>Bd
                                                                   #
;D%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



*69:;<I>I

=6+"-.%&+$%*+3$0&/+"#$%'2-7'3-2+$%*+&#*/'?+$%#%
'3$/'/0*'+3#$%50#%,0#)-3%/#3#"%'3/#"#$#$%*+203#$%#3%
"#&-*'H3%*+3%03-%+"7-3':-*'H3C%]+$%&&-2-2+$%,4(&'*+$.%1%
,#3$-2+$%#3%#&&+$.%$+("#%/+)+.%,-"-%)#L'3'"%&+$%2#3$-#$%
1%2#)'+$%*+3%50#%,+)#2+$%*+3/-"%#3%30#$/"+%,&-3%)#%
*+203'*-*'H3C

]-%2-1+"G-%3+%/'#3#3%*-"-$%3'%++$^%$+3%*&'*6U$.%
7#3U"'*+$%)#/"8$%)#%03%&'$/-)+%)#%2-"b#/'37%+%03-$%
*'L"-$%)#%-0)'#3*'-C%=($/"-**'+3#$%50#%')#-2+$%,-"-%
*+3?#"/'"&-$%#3%/-"7#/.%#3%+(#/'?+$%)#%30#$/"+$%
2#3$-#$C%!$%03%*+3*#,/+%?8&')+%,-"-%&-$%Q#&-*'+3#$%
@4(&'*-$%(-$-)-$%#3%&-%)'L0$'H3%)#%3+/'*'-$.%,#"+%3+%
#3*--%#3%03%$'$/#2-%50#%-,0#$/-%,+"%&-%*+203'*-*'H3%
'3/#"-*/'?-.%,-"/'*',-/'?-C

=50G%3+$%'3/#"#$-3%&-$%*+203')-)#$%*+3$/'/0')-$%,+"%
,#"$+3-$%*+3%3+2("#$%1%-,#&&')+$.%50#%'3/#"*-2('-3%
'3L+"2-*'+3#$%#3/"#%$'.%*+&-(+"-3%1%*+2,-"/#3%$0$%
-L#*/+$%#%'3/#"#$#$%)#%L+"2-%,"8*/'*-.%,-"/'*',-3)+%#3%
('/8*+"-$.%c'b'$.%"#)#$.%2-"*-)+"#$%1%-7"#7-)+"#$%
$+*'-&#$C%@+"%50#.%#3%&-%I+203'*-*'H3%VCW.%3+%3+$%
)'"'7'2+$%-%03+$%,4(&'*+$.%,-"/'*',-2+$%#3%
*+203')-)#$^%3+%'2,-*/-2+$%#3%-0)'#3*'-$.%
'3/#"-*/0-2+$%*+3%,#"$+3-$C%!$#%#$%#&%*-2('+C
;;%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




)A<e:@A>

=6+"-.%*0-3)+%3+$%,&-3/#-2+$%03-%#$/"-/#7'-%)#%
*+203'*-*'H3.%,#3$-2+$%#3%/U"2'3+$%)#%'287#3%,4(&'*-%
+%)#%2-"*-C%E0$*-2+$%-$+*'-"%-%03-%+"7-3':-*'H3%*+3%
)#/#"2'3-)-$%*0-&')-)#$%,+$'/'?-$%#3%&-%*+3*'#3*'-%)#%
&+$%,4(&'*+$C

P+3%"#,"#$#3/-*'+3#$%2#3/-&#$.%50#%3+$%$'"?#3%,-"-%
+")#3-"%30#$/"+$%2#3$-#$%$+("#%03-%#2,"#$-%+%
'3$/'/0*'H3^%,#"+%50#.%"-"-2#3/#.%$+3%#?-&0-)-$%,+"%$0%
*-&-)+%#3%&-$%-0)'#3*'-$.%$'3+.%$+("#%/+)+.%,+"%$0%
'3*&0$'H3%#3%'3L+"2-*'+3#$%,#"'+)G$/'*-$C

!$-%)#('&')-)%,0#)#%$0,#"-"$#%$'%'3/"+)0*'2+$%#$#%
*+3*#,/+%#3%&-$%L+&*$+3+2G-$%1%%,-&-("-$%*&-?#$%)#%
;3/#"3#/C%E-$/-%*+3%*+3?#"/'"%-50#&&-$%'287#3#$%#3%
#/'50#/-$%)#%*+3/#3')+$%+%#3%/U"2'3+$%)#%*+3$0&/-.%50#%
L-?+"#:*-3%/-3/+%$0%*&-$'L'*-*'H3%,-"/'*',-/'?-%#3%
('/8*+"-$.%2-"*-)+"#$%1%-7"#7-)+"#$.%*+2+%$0%
,+$'*'+3-2'#3/+%H,/'2+%#3%&+$%(0$*-)+"#$C

*6;A@;<I6

=6+"-.%#&%/"-(-+%)#%&+$%7-('3#/#$%)#%*+203'*-*'H3%
*+3$'$/#.%$+("#%/+)+.%#3%*+&+*-"%2#3$-#$%L-?+"-(&#$%-%
;<%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



03-%+"7-3':-*'H3%#3%&+$%K#)'+$%)#%)'L0$'H3%2-$'?-C%

!&-(+"-2+$%/'/0&-"#$%)#%3+/-$%)#%,"#3$-%1%&#2-$%)#%
*-2,-d-$%,0(&'*'/-"'-$C%Y+$'$%'3L+"2-/'?-$%)#%L8*'&%
-$'2'&-*'H3.%#LG2#"-$.%*+2+%&-%-*/0-&')-)%#3%&-%50#%$#%
20#?#3C%Y-/+$%L07-*#$.%50#%&0*6-3%,+"%&-%-/#3*'H3%)#&%
,4(&'*+%1%-$,'"-3%-%#3*+3/"-"%-&743%-*+2+)+%#3%$0%
2#2+"'-C

P0%3#*#$')-)%"#$,+3)#%-%&-%*-)0*')-)%)#%&+$%,#"'H)'*+$%#%
'32#)'-/#:%)#%&-%"-)'+%1%&-%/#&#?'$'H3C%@#"+%3+%-/'#3)#3%
#3%-($+&0/+%-%&-%*0-&')-)%28$%$+("#$-&'#3/#%)#%;3/#"3#/%
9,+"%#3*'2-%'3*&0$+%)#%$0%*-"8*/#"%20&/'2#)'-%#%
'3/#"-*/'?+<>%$0%'32#3$-%*-,-*')-)%)#%-&2-*#3-"%1%
"#*0,#"-"%'3L+"2-*'H3C

!3%#$#%30#?+%2#)'+.%3+$%'3/#"#$-%*"#-"%*+3/#3')+$%
,#")0"-(&#$.%)+*02#3/+$.%-"*6'?+$%*+2,&#/+$C%e#[/+$.%
-0)'+$.%?G)#+$.%'287#3#$%1%,"#$#3/-*'+3#$%*+3%$#3/')+%
-0/H3+2+.%$0$*#,/'(&#$%)#%$#"%#3&-:-)+$%1%*+2,-"/')+$%
#3%&-%Q#)C

P+&+%-$G.%&+7"-"#2+$%2-3/#3#"%?'?+%#&%(0#3%3+2("#%)#%
03-%+"7-3':-*'H3%#3%&+$%(0$*-)+"#$%1%*+203')-)#$%
?'"/0-&#$>%&+$%30#?+$%#*+$'$/#2-$%)#%&-%"#,0/-*'H3%
*+",+"-/'?-.%#3%)+3)#%&+$%0$0-"'+$%1-%3+%$+3%-0)'#3*'-$.%
$'3+%#2'$+"#$%1%,"#$*"',/+"#$%)#%'3L+"2-*'H3C
;7%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



*6;A>=A6

!3%#$/#%2+2#3/+.%&-%*+203'*-*'H3%*+",+"-/'?-%$#%
#?-&4-%#3%L03*'H3%)#&%342#"+%)#%'3$#"*'+3#$%+(/#3')-$%
#3%&+$%K#)'+$%1%)#%&-%*-3/')-)%)#%-0)'#3*'-%50#.%$#%
$0,+3#.%6-3%"#*'(')+%#$-$%3+/'*'-$%9L-?+"-(&#$<%$+("#%&-%
+"7-3':-*'H3C

P#%/"-/-%)#%7#3#"-"%'2,-*/+$.%)#%-&*-3:-"%-%&+$%&#*/+"#$.%
#$,#*/-)+"#$%1%+1#3/#$%*+3%30#$/"+$%2#3$-#$.%*-,/-3)+%
$0%-/#3*'H3%#%'3/#"U$.%,-"-%50#%&+$%"#*0#")#3%#.%'3*&0$+.%
&+$%*+2#3/#3%#3%$0%#3/+"3+C%!&%+(#/'?+%#$%&-%28['2-%
)'L0$'H3C

]-%'3L+"2-*'H3%*+""#%,+"%03-%?G-%$'3%"#/+"3+.%#3%03%$+&+%
$#3/')+.%50#%,-"/#%)#%&-%+"7-3':-*'H3.%,-$-%,+"%&+$%
K#)'+$%1%&&#7-%6-$/-%$0$%,4(&'*+$C%O3-%&&-2-)-%$'3%
"#$,0#$/-.%/-3%L07-:%*+2+%03%7+&,#%)#%?'$/-.%&-%2-1+"G-%
)#%&-$%?#*#$^%,#"+%50#.%$'#3)+%*+3$/-3/#.%,"#)'$,+3#%-%
$0$%"#*#,/+"#$%-%/"-/-"$#%*+3%#&%#2'$+"C

=$G%$#%L03*'+3-%#3%#&%203)+%)#$*+3#*/-)+.%,#"+%&-$%
"#7&-$%)#%&-%$+*'#)-)%"#)%$+3%)'$/'3/-$C%;3/#"3#/%#$%03%
2#)'+%)#%*+3#['H3%50#%$#%-&'2#3/-%)#%'3/#"-*/'?')-)C%
!$-%#$%$0%#$#3*'-C%=50G.%&-%*+203'*-*'H3%*+",+"-/'?-%3+%
)#(#%7#3#"-"%'2,-*/+$.%$'3+%#$/-(&#*#"%*+3/-*/+$.%
$+$/#3#"%"#&-*'+3#$%*+3%&+$%2'#2("+$%)#%&-$%
*+203')-)#$%)+3)#%$#%)#$#3?0#&?#%&-%+"7-3':-*'H3C
;9%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



!3%#$#%68('/-/.%3+%'2,+"/-3%&-$%?'$'/-$%50#%"#*'(-%03%
$'/'+%c#(C%;2,+"/-3%&+$%$0($*"',/+"#$%)#&%(&+7%
*+",+"-/'?+^%&+$%2'#2("+$%)#%&-%"#)%$+*'-&^%1%&+$%
*+2#3/-"'+$.%2-"*-*'+3#$%1%#3&-*#$%50#%&+7"#3%&+$%
*+3/#3')+$%,"+2+?')+$%,+"%03-%#2,"#$-%+%'3$/'/0*'H3C%
!$#%$#"8%30#$/"+%#[-2#3%*+/')'-3+C

)5#$5>;#f

Y#$,0U$%)#%#$/-$%"#L&#['+3#$.%,0#)#%*+7#"%/0%2+)#&+%)#%
,&-3'L'*-*'H3%6-('/0-&%1%-*/0-&':-"&+%$#743%#$+$%30#?+$%
*+3*#,/+$%)#%&-%*+203'*-*'H3%#3%;3/#"3#/C%Z+%&#%6'*#.%1%
-50G%/'#3#$%%#&%#$50#2-%50#%/#"2'3U%)'(0-3)+>%

JG#&;E5<B<B#F5670655

]+%,"'2#"+%#3%*+203'*-*'H3%#$%#&%'3/#"&+*0/+"C%
;)#3/'L'*-"&+%1%*+2,"#3)#"&+C%!$/-(&#*#"%$0%,#"L'&%#3%
"#&-*'H3%*+3%&-$%2#/-$.%?-&+"#$%1%-*/'?')-)#$%)#%&-%
+"7-3':-*'H3.%,-"-%)#$*0("'"%&-$%*+203')-)#$%)#%
'3/#"3-0/-$%#3%&-$%50#%,+)-2+$%,-"/'*',-"C

NG#)BA3>A@7<>#Y@Z[63I

!&%$#703)+%,-$+%*+3$'$/#%#3%)#L'3'"%&-$%,-&-("-$%*&-?#%
50#%)#3+/#3%&+$%-/"'(0/+$%)#%')#3/')-)%)#%30#$/"-%



8 #
  MAAKcdd<Q>;K<;6G=69df=696`B@`K3@K>3>`:;`K5>;`I@`=69:;<=>=<6;`NVd
                                                                 #
;=%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



+"7-3':-*'H3%1%*+33+/#3%$'73'L'*-)+$%,+$'/'?+$%,-"-%&-$%
*+203')-)#$%#3%&-$%50#%)#$##2+$%'3/#"-*/0-"C

8G#!E=A<=>#$6BA

=%*+3/'30-*'H3.%6-1%50#%,0(&'*-".%$+("#%#$-$%,-&-("-$%
*&-?#.%*+3/#3')+$%$0$*#,/'(&#$%)#%$#"%*+2,-"/')+$%*+3%&+$%
2'#2("+$%)#%&-$%*+203')-)#$%#3%)+3)#%3+$%
'3/"+)0:*-2+$C

SG#+K@3>A<Q>#%<;]

Y#$,0U$.%)#(#2+$%,"+,'*'-"%03%*+3/-*/+%"#70&-"%*+3%&+$%
2'#2("+$%)#%#$-$%*+203')-)#$%2#)'-3/#%03%
'3/#"*-2('+%$+$/#3')+%)#%*+""#+$.%*+2#3/-"'+$.%#3&-*#$.%
$0$*"',*'+3#$%#%'3?'/-*'+3#$C

XG#)Q>5:>=<4;#_6675@

@+"%4&/'2+.%$'%6#2+$%"#*+""')+%('#3%&+$%,-$+$%-3/#"'+"#$.%
&+$%(0$*-)+"#$%,"#2'-"83%30#$/"-%*+203'*-*'H3%
$'/0-3)+%30#$/"+$%*+3/#3')+$%1%"#-**'+3#$%#3%&+$%
,"'2#"+$%,0#$/+$%)#%&-$%(4$50#)-$%50#%28$%3+$%
'3/#"#$#3C%

!$-$%$+3.%,-"-%2G.%&-$%*'3*+%#/-,-$%(8$'*-$%)#%03%@&-3%
)#%I+203'*-*'H3%#3%;3/#"3#/C%=%,-"/'"%)#%#$-$%')#-$.%
*-(#3%20*6-$%,-0/-$%)#%-**'H3C%P'%/#%'3/#"#$-%
*+3+*#"&-$.%/#%'3?'/+%-%$#70'"%&#1#3)+C
;>%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                                       <
E$#.'+'+%F.(8G(..
!"#$%&'"()%(*+,%-./0/
]-%,"'2#"-%L-$#%)#%/0%,&-3%)#%*+203'*-*'H3%#3%;3/#"3#/%
,-$-%,+"%')#3/'L'*-".%&+*-&':-"%1%*+2,"#3)#"%-%&+$%
'3/#"&+*0/+"#$%)#%&-%+"7-3':-*'H3C%!&%+(#/'?+>%Y#$*0("'"%
-50#&&-$%*+203')-)#$%)#%'3/#"3-0/-$%#3%&-$%50#%+$%
'3/#"#$-%,-"/'*',-"C%=50G%/#%&+%*0#3/+.%,'$/-%,+"%,'$/-C

JG#$3@K>3>#A:#=>L>#I@#M@33>9<@;A>B

=3/#$%)#%,+3#"/#%-&%/-+%3#*#$'/-$%(0#3+$%-,#"+$>

_6675@G#]+%,"'2#"+.%$'%3+%&-%/'#3#$.%*+3$'70#%03-%
*0#3/-%)#%M2-'&C%e#%-("'"8%&-$%,0#"/-$%-%03%$'3LG3%)#%
0/'&')-)#$>%e-&b.%Y+*$.%Q#-)#".%@'*-$-.`%=0350#%/#%&-%
"#*+2'#3)+%,-"-%*02,&'"%03-%L03*'H3>%$#"?'"/#%)#%*+""#+%
,-"-%/+)-$%/0$%,"H['2-$%-,&'*-*'+3#$%#%'3/#"-**'+3#$%#3%
&-%A#(%VCWC

,>3=>I63#6=<>5G%=%*+3/'30-*'H3.%*+3%/0%30#?+%#2-'&.%
)-/#%)#%-&/-%#3%#&%2-"*-)+"%Y#&'*'+0$C%e#%,#"2'/'"8%
70-")-"%1%*&-$'L'*-"%&-$%,87'3-$%50#%?-1-$%3#*#$'/-3)+%
;A%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



)0"-3/#%#&%)#$-""+&&+%)#%/0%@&-3%)#%I+203'*-*'H3%#3%&-%
Q#)C

%@=A63#0G%@+"%4&/'2+.%3#*#$'/-$%+/"-%6#""-2'#3/-%
#$#3*'-&C%O3%&#*/+"%)#%L##)$%50#%/#%-10)#%-%$#70'"%/+)-$%
&-$%-*/0-&':-*'+3#$%)#%&+$%$'/'+$%c#(%-%&+$%50#%
3#*#$'/-"8$%$0$*"'('"/#C%]-%2-1+"G-%0$-%M++7&#%Q#-)#".%
,#"+%1+%,"#L'#"+%&-%0$-('&')-)%)#%E&+7&'3#$C

NG#-I@;A<O<=>#56B#K@3O<5@B#I@#A:B#<;A@356=:A63@B

=6+"-.%-3/#$%)#%$02#"7'"/#%#3%&-%A#(.%,&-3/U-/#%#$/#%
##"*'*'+%)#%"#L&#['H3C%e"-/-%)#%'2-7'3-"%-%&-$%,#"$+3-$%
50#%,0#)-3%*+203'*-"$#%*+3%/0%+"7-3':-*'H3%-%/"-?U$%)#%
&-%Q#)C%Y+$%,"#703/-$%#$#3*'-&#$>

ST0'U3#$%$+3X%e#%-10)-"8%-%"#$,+3)#"%#$/#%#$50#2-%)#%
'3/#"&+*0/+"#$%+3&'3#gC%h'$0-&':-%&+$%/01+$>

&=A<Q<BA>BG#;3/#"3-0/-$%50#%$#%*+203'50#3%*+3%/0%
+"7-3':-*'H3%-&"#)#)+"%)#%'3/#"#$#$%1%?-&+"#$%*G?'*+$C

*5<@;A@BG%O$0-"'+$%)#%;3/#"3#/%50#%$#%"#&-*'+3#3%*+3%/0%
#3/')-)%#3%/+"3+%-%03-%+L#"/-%1%)#2-3)-%)#%$#"?'*'+$C

$36O@B<6;>5@BG%@#"$+3-$%50#%'3/#"-**'+3#3%*+3%/0%2-"*-%
#3%&-%Q#)%,-"-%?'7'&-"%-%&-%*+2,#/#3*'-%9*+2,#/')+"#$<.%


S #
  MAAKcdd<Q>;K<;6G=69dB>5>`I@`K3@;B>`6;`5<;@`>:A63<T>I>`K>3>`A6I6B`56B`K:H5<=6Bd
                                                                               #
;B%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



)#$-""+&&-"$#%&-(+"-&2#3/#%9#2,&#-)+$%-*/0-&#$%1%
,+/#3*'-&#$<%+%(0$*-"%+,+"/03')-)#$%)#%3#7+*'+%
9,"+?##)+"#$<C

-;Q@3B63@BG#Y+3-3/#$.%-**'+3'$/-$.%$+*'+$%+%L'3-3*'#"+$.%
50#%50'#"-3%?'3*0&-"$#%#*+3H2'*-2#3/#%-%/0%
+"7-3':-*'H3C

$@3<6I<BA>BG%;3L+"2-)+"#$%,"+L#$'+3-&#$%50#%$#%
'3/#"#$#3%#3%/0%+"7-3':-*'H3%*+2+%L0#3/#%)#%3+/'*'-$C

g:;=<6;>3<6BG%@#"$+3-&%)#%&-%=)2'3'$/"-*'H3%@4(&'*-%
50#%$#%'3L+"2#%$+("#%/0%#3/')-)%,-"-%-"702#3/-"%$0$%
)#*'$'+3#$C

SYH3)#%#$/83X%Z.%$+("#%/+)+.%S*H2+%6-(&-3X%!3%;3/#"3#/.%
&-$%L"+3/#"-$%$+3%)#%')'+2-$%1%/#*3+&+7G-$C%Y#(#$%)#*')'"%
*+3%50U%*+203')-)%&'37iG$/'*-%,'#3$-$%"#&-*'+3-"/#C%
Sj'$,-3-.%-37&HL+3-.%`X%P'%+,/-$%,+"%)+$%+%28$.%
)#(#"8$%2-3#-"%,#"L#*/-2#3/#%#&%')'+2-%1%20&/',&'*-"%
/0$%6+"-$%)#%/"-(-+%9+%*+3/-"%*+3%-&70'#3%50#%/#%-10)#<C

8G#(@O<;@#56B#AC39<;6B#55>Q@#I@#A:#=69:;<I>I

=6+"-%50#%$-(#$%-%50'U3%(0$*-"%#3%&-%Q#).%3#*#$'/-$%&-%
&&-?#%50#%/#%,#"2'/-%#3*+3/"-"&+$C%@+3/#%#3%$0%&07-"%1%
,'#3$-%50U%/U"2'3+$%,0#)#3%#2,&#-"%,-"-%"#L#"'"$#%-%/0%
82('/+%)#%'3/#"U$C%@-"/'*0&-"2#3/#>
;C%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



  !   ]-$%2-"*-$%)#%/0%+"7-3':-*'H3%9*+",+"-/'?-.%
      ,#"$+3-&#$%1%*+2#"*'-&#$<C

  !   ]-%)#3+2'3-*'H3%6-('/0-&%)#%/0%$#*/+"C

  !   !&%3+2("#%*+243%)#%/0$%$#"?'*'+$%+%,"+)0*/+$

=,43/-&+$%#3%03-%&'$/-%1%,+3&+$%-%,"0#(-%#3%&-%
(4$50#)-%)#%(&+7$%)#%M++7&#C%T0U)-/#%*+3%-50#&&+$%
/U"2'3+$%*01+$%"#$0&/-)+$%2#+"%$#%-0$/#3%-&%,#"L'&%)#%
/0$%'3/#"&+*0/+"#$%#3%&-%Q#)C

SG#%6=>5<T>#A:B#*6;A>=A6B#@;#5>#U@H#NGV

I+3%/0%&&-?#%#3%2-3+.%#$%2+2#3/+%)#%-("'"%,0#"/-$C%
P+&+%3#*#$'/-$%#3*+3/"-"%&-$%)'"#**'+3#$%-)#*0-)-$C%
@-"-%#&&+.%0/'&':-%&+$%/U"2'3+$%)#L'3')+$%-3/#$%,-"-%
(0$*-"%#3>

  !   F<AE=63>BG#e#%"#*+2'#3)+%E&+7%P#-"*6%M++7&#.%
      e#*63+"-/'.%;*#"+*b#/%1%=$b%E&+7$%1%I-3-&#$C%
      e-2('U3.%,0#)#$%#[,&+"-".%,+"%*-/#7+"G-$.%#3%
      )'"#*/+"'+$%*+2+%=&'-3:+.%E'/8*+"-$%+%A'b'+C

  !   g636BG#e#%-*+3$#+%E+-")"#-)#"%1%J27'&'C

  !   ,>3=>I63@B#Z#&73@7>I63@BG#e#%,"+,+37+%k#+/-7%
      ,-"-%'3)-7-".%,+"%#/'50#/-$.%#3%Y#&'*'+0$%9,87'3-$%
      c#(<.%Z+0/0(#%9?G)#+$<%1%l&'*b"%9L+/+$<C%!3%!$,-d-.%
<D%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



      /-2('U3%/#%'3/#"#$-%'3?#$/'7-"%#3%K#3U-2#C

  !   0@I@BG#O/'&':-%ec#&&+c%,-"-%#3*+3/"-"%,#"L'&#$%#3%
      ec'//#"C%_#*#$'/-"8$%3+2("#$%1%-,#&&')+$%,-"-%
      (0$*-"%#3%]'3b#);3.%l-*#(++b.%K1$,-*#%1%e0#3/'C%
      @-&-("-$%*&-?#.%#3%_'37C

  !   '6A<=<>BG#=,"+?#*6-%&-$%-&#"/-$%)#%M++7&#%_#c$%
      ,-"-%#3*+3/"-"%-%&+$%,#"'+)'$/-$%50#%$'70#3%/0$%
      3+?#)-)#$C

XG#,6;<A63<T>#A:#K6B<H5@B#3@5>=<6;@B#@;#5>#0@I

@-"-%$-*-"&#%?#")-)#"+%"#3)'2'#3/+%-%&-%&+*-&':-*'H3%)#%
/0$%*+3/-*/+$.%/#%"#*+2'#3)+%$'$/#2-/':-"%#&%,"+*#$+%)#%
(4$50#)-C%e+2-%#$/#%,+$'(&#%2+)#&+>

  -< P0$*"G(#/#%-%&+$%*-3-&#$%QPP%)'$,+3'(&#$%#3%&-$%
      (4$50#)-$%-3/#"'+"#$%,-"-%$#70'"%&+$%"#$0&/-)+$%
      #3%/0%&#*/+"%)#%L##)$Cm]+%')#-&%#$%50#%&+$%03'L'50#$%
      #3%03%$H&+%-"*6'?+%0/'&':-3)+%&+$%$#"?'*'+$%)#%
      @',#$C

  (< K-"*-%&-$%,87'3-$%50#%&+*-&'*#$%)#%/+)+$%-50#&&+$%
      *+3/-*/+$%50#%2#3*'+3#3%-%/0%+"7-3':-*'H3%+%/#%
      ,-"#:*-3%'3/#"#$-3/#$C%I&-$'LG*-&+$%-%/0%
      *+3?#3'#3*'-.%,+"%##2,&+>%,+"%/',+%)#%'3/#"&+*0/+"C

  *< =3-&':-%&+$%#3&-*#$%2-"*-)+$^%#3%*+3*"#/+>%,#"L'&#$%
<;%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



     ,4(&'*+$.%*+3/-*/+$%#3%&-%Q#).%*-/#7+"G-$%1%
     -*/0-&':-*'H3%)#%*+3/#3')+$.%#%'3/#"-**'H3%#3%
     *+2#3/-"'+$C

  )< P'70#%-50#&&+$%'3/#"&+*0/+"#$%50#%$0,#"#3%#&%
     -3/#"'+"%-38&'$'$%$0$*"'('U3)+/#%-%$0$%('/8*+"-$%+%
     ?'3*0&83)+/#%-%$0$%"#)#$.%,-"-%*+2,"#3)#"%2#+"%
     $0$%?-&+"#$%#%'3/#"#$#$C
<<%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                                       7
H+56*508'*%I0JK(6/
1+#.$.+-0(0()%(2'30-.40$.5-
Y#$,0U$%)#%)#$*0("'"%/0%*+203')-)%,+/#3*'-&%#3%
;3/#"3#/.%&-%$#703)-%L-$#%)#&%@&-3%)#%I+203'*-*'H3%#3%
;3/#"3#/%*+3$'$/#%#3%)#L'3'"%&-$%,-&-("-$%*&-?#%50#%
*+3#*/#3%&+$%+(#/'?+$%)#%/0%+"7-3':-*'H3%*+3%&-$%
)#2-3)-$%)#%$0$%'3/#"&+*0/+"#$%#3%&-%Q#)C%!&%L'3>%
,+$'*'+3-"%&-%2-"*-%*+",+"-/'?-%#3%&+$%#$,-*'+$%
-)#*0-)+$%)#%&-%A#(C%=50G%/#%#[,&'*+%*H2+>

JG#(@O<;@#A:B#6HL@A<Q6B#I@#=69:;<=>=<4;#6;5<;@

=6+"-%50#%1-%6-$%')#3/'L'*-)+.%&+*-&':-)+%1%*+2,"#3)')+%
-%/0$%'3/#"&+*0/+"#$%#3%;3/#"3#/.%#$%/'#2,+%)#%,&-3/#-"$#%
50U%#$,#"-$%)#%*-)-%03+%)#%#&&+$C%e'#3#$%*'3*+%2#/-$%
#$#3*'-&#$>

-;O639>=<4;G#I+3$#70'"%50#%*+3+:*-%03+$%)#/#"2'3-)+$%
)-/+$%$+("#%/0%#3/')-)C%@+"%##2,&+.%50#%03%-*/'?'$/-%)#&%
K#)'+%=2('#3/#%$#%)#$*-"70#%/0%'3L+"2#%)#%
$+$/#3'('&')-)C
<7%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



*69:;<=>=<4;G%K+/'?-"&#%-%)'-&+7-".%-%'3/#"*-2('-"%
2#3$-#$%*+3%/0%+"7-3':-*'H3C%@+"%##2,&+.%50#%03%
,+$'(&#%*&'#3/#%/#%"#2'/-%#&%L+"20&-"'+%)#$,0U$%)#%&##"%/0%
+L#"/-%)#%$#"?'*'+C

(<O:B<4;G#]+7"-"%50#%)'L03)-%&-$%'3L+"2-*'+3#$%)#%/0%
2-"*-%#3%&-%Q#)C%@+"%##2,&+.%50#%03%,"+L#$'+3-&%)#&%
$#*/+"%'3$#"/#%03%c')7#/%*+3%/0$%3+?#)-)#$%#3%$0%
('/8*+"-%,#"$+3-&C

$@3B:>B<4;G%@"+?+*-"%50#%##*0/#%03-%-**'H3%
"#$,+3)'#3)+%-%/0%,"+,0#$/-C%@+"%##2,&+.%50#%03%
)+3-3/#%#3/"#70#%03-%*-3/')-)%)#%)'3#"+%-%03-%
)#/#"2'3-)-%*-0$-C

0@5>=<4;G%I+3$#70'"%50#%$+$/#37-%03%?G3*0&+%)0"-)#"+%
*+3%/0%+"7-3':-*'H3C%@+"%##2,&+.%50#%&+$%#2,&#-)+$%)#%
&-%#2,"#$-%$#%'3*+",+"#3%-%$0%"#)%$+*'-&%#3%l-*#(++bC

NG#@5@==<6;>#A:B#K>5>H3>B#=5>Q@#@;#-;A@3;@A

@-"-%-&*-3:-"%&+$%-3/#"'+"#$%+(#/'?+$.%3#*#$'/-$%
#3*+3/"-"%&-$%,-&-("-$%*&-?#%50#%-/"-'7-3%-%&+$%
'3/#"3-0/-$%6-*'-%/0$%,"+,0#$/-$C%eU"2'3+$%50#%&#$%
#37-3*6#3%#3%$0$%*'3*+%"0/-$%,+"%&-%Q#)n>%3-?#7-".%



X #
  MAAKcdd<Q>;K<;6G=69d@bK563>`5>B`=<;=6`3:A>B`I@`5>`=69:;<=>=<6;`NVd
                                                                   #
<9%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



(0$*-".%*+3?#"$-".%"#*+2#3)-"%+%$#70'"%L0#3/#$%1%
*+3/#3')+$%+3&'3#C%@0#)#$%$#70'"%#$/#%,"+*#)'2'#3/+>

%<BA>I6#$>5>H3>B#*5>Q@G#@'#3$-.%,"#703/-%#%'3?#$/'7-%
50U%/#"2'3+$%,0#)#%0/'&':-"%03%0$0-"'+%)#%;3/#"3#/%,-"-%
(0$*-"%"#$,0#$/-$%"#&-*'+3-)-$%*+3%/0%+(#/'?+%)#%
*+203'*-*'H3C

$6K:5>3<I>I#@;#F:B=>I63@BG#;3/"+)0*#%#$-$%
#[,"#$'+3#$%#3%&-%j#""-2'#3/-%,-"-%,-&-("-$%*&-?#%)#%
=)A+")$%,-"-%-?#"'70-"%$0%,"+2#)'+%)#%(4$50#)-$%#3%
M++7&#.%1%#&%)#%+/"-$%"#&-*'+3-)-$C

0@5@Q>;=<>#K>3>#"B:>3<6G#@&-3/U-/#%$'%&+$%/U"2'3+$%28$%
(0$*-)+$%$#%-0$/-3%-%/0$%+(#/'?+$%1%,+$'(&#$%
*+3/#3')+$C%@"0U(-&+$%#3%03%(0$*-)+"%,-"-%?#"%*H2+%
#$/83%$'#3)+%#2,&#-)-$C

*69K@A@;=<>#@;#$6B<=<6;>9<@;A6G#I+2,"0#(-.%,+"%
4&/'2+.%$'%&-$%,-&-("-$%50#%$#&#**'+3-$%$+3%+(#/+%)#%
*-2,-d-$%)#%#3&-*#$%,-/"+*'3-)+$%+%)#%-**'+3#$%)#%
,+$'*'+3-2'#3/+%,+"%+"7-3':-*'+3#$%*+3%"#*0"$+$C%
I+3$0&/-%-&&'3/'/&#>%o@-&-("-$%*&-?#p%#3%M++7&#C

P'70'#3)+%&-$%,-0/-$%)#%M"-,,+3#%1%I+0:'3q.%)#(#"G-$%
-,+$/-"%,+"%&+$%/U"2'3+$%50#%"#$,+3)-3%-%#$/#%(-&-3*#>


D #
  MAAKcdd[[[GZ6:3B@6K5>;G=69d
                            #
<=%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



  RC @+,0&-"')-)%=&/-%a%I+2,#/#3*'-%E--%a%Q#&#?-3*'-%
      =&/-

  VC I+2,#/#3*'-%=&/-%a%Q#&#?-3*'-%=&/-

  fC @+,0&-"')-)%E--%a%Q#&#?-3*'-%=&/-

8G#)BA3:=A:3>#A:#K6B<=<6;>9<@;A6#@;#5>#0@I

=6+"-.%$-(#$%50'U3%#$%/0%'3/#"&+*0/+"%1%50U%/U"2'3+$%
,0#)#3%2+?#"&#%6-*'-%/0%+(#/'?+C%!&%$'70'#3/#%,-$+%
*+3$'$/#%#3%+,/'2':-"%#$-$%*&-?#$%#3%/0%-*/'?')-)%
)+$,03/+*#"+C%e"-/-%)#%$-*-"&#$%#&%28['2+%"#3)'2'#3/+%
#3>

  !   (69<;<6#Z#B:HI69<;<6BG%P'%/0$%,-&-("-$%*&-?#%$+3%
      '2,+"/-3/#$%1%3+%/'#3#3%03%)+2'3'+%+*0,-)+.%/#%
      '3/#"#$-%"#$#"?-"&+%1%#[,&+/-"&+C%e-2('U3.%,0#)#$%
      0$-"&-$%#3%$0()+2'3'+$%)#%/0%$'/'+%*+",+"-/'?+C

  !   $E7<;>B#)BAEA<=>BG%@&-3/U-/#%&-$%,87'3-$%)+3)#%
      50'#"#$%50#%#&%0$0-"'+%*0&2'3#%/0%+(#/'?+%)#%
      *+203'*-*'H3%,-"-%/'/0&-"%/0$%#$,-*'+$%#3%&-%A#(C

  !   !^A:56B#I@#*6;A@;<I6BG%@"+,+3/#%'3/"+)0*'"&-$%)#%
      L+"2-%3-/0"-&%#3%&+$%/G/0&+$%6R.%6V.%6f.`<%)#%/0$%
      *+3/#3')+$%#3%&-%Q#)

  !   !@bA6B#&;=5>G#@"+*0"-%#2,&#-"&-$%#3%&+$%/#[/+$%
      -3*&-%)#%/0$%?G3*0&+$%'3/#"3+$%1%#[/#"3+$C
<>%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                                     9
,#35'3*%&(+5
*+,60')"()%#(*+-)"-./+#

Z-%$-(#$%50'#3#$%$+3%&+$%'3/#"&+*0/+"#$%)#%/0%
+"7-3':-*'H3%#3%&-%Q#)C%e-2('U3.%50U%,-&-("-$%*&-?#%
,0#)#3%,+3#"+$%#3%*+243C%=6+"-.%#3%&-%e#"*#"-%l-$#%)#%
@&-3%)#%I+203'*-*'H3%VCW.%/+*-%-*/'?-"%#$+$%3#[+$%
7#3#"-3)+%*+3/#3')+$%50#%,0#)-3%$#"%*+2,-"/')+$%#3%
/0$%*+203')-)#$%+3&'3#C%=50G%/'#3#$%03%2U/+)+>

JG#,6;A>#A:#H567#=63K63>A<Q6

@-"-%*+203'*-"%#3%;3/#"3#/.%3#*#$'/-$%03%$'/'+%c#(%*+3>

  !   $@3B6;>5<I>IG%P#%"#&-*'+3-3%&-$%,#"$+3-$.%3+%&-$%
      2-"*-$C%]+$%2#3$-#$%$'3%L'"2-%3'%*-"8*/#"%,+)"83%
      '3L+"2-".%,#"+.%"-"-2#3/#.%*+203'*-"C

  !   &=A:>5<T>=<4;G#_#*#$'/-$%,87'3-$%)'382'*-$.%50#%
      7#3#"#3%*+3/-*/+$%"#70&-"#$%2#)'-3/#%*+3/#3')+$%
      "#3+?-)+$C%_+%,87'3-$%-,-"#3/#$%1%#$/8/'*-$.%/-3%
      6#"2+$-$%*+2+%)'L03/-$C
<A%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



    !   -;A@3>=A<Q<I>IG%Y#(#$%,"+?+*-"%"#-**'+3#$%#3%&+$%
        0$0-"'+$.%3+%2#"-%*+3/#2,&-*'H3%+%$'2,&#$%?'$'/-$C%
        K+/'?-"&#%-%*+2#3/-".%*+2,-"/'".%*+3$0&/-".`

!&%(&+7r%*02,&#%/+)-$%#$-$%*+3)'*'+3#$C%Z.%-)#28$.%#$%
03-%6#""-2'#3/-%$#3*'&&-%1%#*+3H2'*-C%@-"-%-,"+?#*6-"%
$0%,+/#3*'-&%$H&+%/'#3#$%50#>

    RC I"#-"%/0%('/8*+"-%#3%A+")@"#$$C*+2%+%E&+77#"C

    VC I+3L'70"-"%$0$%,87'3-$.%c')7#/$%1%*-/#7+"G-$%)#%
        -*0#")+%*+3%/0%#$/"-/#7'-%b#1c+")C

    fC Y'"'7'"&-%-%03%)+2'3'+%)#%?0#$/"-%,"+,'#)-)%*+3%
        &+$%/U"2'3+$%&&-?#%)#%&-%+"7-3':-*'H3C

    gC mK8$%-)#&-3/#.%,0#)#$%*+3/"-/-"%03%-&+-2'#3/+%
        ,"+,'+%#%'3$/-&-"%A+")@"#$$%*+2+%7#$/+"%)#%
        *+3/#3')+$s

NG#*:@57>#K@3O<5@B#@;#5>B#0@I@B

J"7-3':-%#&%#50',+%)#%,#"$+3-$%50#%+$%#3*-"7-"#'$%)#%
,0(&'*-"%&+$%*+3/#3')+$%1%7#$/'+3-"%&+$%*+2#3/-"'+$C%K'%
,"+,0#$/-%#$%50#%6-1-%03%"#$,+3$-(&#.%)#%
I+203'*-*'H3.%1%)+$%+%/"#$%*+&-(+"-)+"#$.%)#%+/"+$%
)#,-"/-2#3/+$C

e+)+$%?+$+/"+$%)#(#"G-'$%/#3#"%03-%')#3/')-)%)'7'/-&%


P #
  MAAKcdd<Q>;K<;6G=69dB<A@`H567`I@5`K63A>5`>5`96BA3>I63`=63K63>A<Q6d
                                                                   #
<B%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



)#L'3')-.%*+3%,#"L'&#$%#3%"#)#$%,"+L#$'+3-&#$%*+2+%
]'3b#);3%1%t'37C

;70-&2#3/#.%#$%'3/#"#$-3/#%50#%+$%'3$*"'(8'$%#3%
l-*#(++b%,-"-%,+)#"%)'3-2':-"%,87'3-$.%7"0,+$%1%
*-0$-$%#3%#$/-%"#)%$+*'-&C%Z%/-2('U3.%50#%?0#$/"-%2-"*-%
#$/U%#3%ec'//#"%,-"-%-7'&':-"%#&%*+3/-*/+%*+3%$0$%
'3/#"&+*0/+"#$%+3&'3#C

8G#&=A<Q>#=:@;A>B#@;#>73@7>I63@B

![/'#3)#%*+3/#3')+$%28$%-&&8%)#%/0%)+2'3'+C%
I+2,8"/#&+$%#3%-7"#7-)+"#$%$+*'-&#$%*+3%+/"+$%0$0-"'+$%
)#%;3/#"3#/%(-+%*"'/#"'+$%*+,1&#L/C%!2,'#:-%,+"%-("'"%
*0#3/-$%#3>

  !   Z+0/0(#C%@-"-%,0(&'*-"%/0$%?')#+$C

  !   l&'*b"C%@-"-%*+&7-"%/0$%'287#3#$C

  !   Y+*$/+*C%@-"-%*+2,-"/'"%/0$%)+*02#3/+$C

  !   P&')#$6-"#C%@-"-%("'3)-"%/0$%,"#$#3/-*'+3#$

SG#$:H5<=>#=6;A@;<I6B#I@#=>5<I>I

=6+"-.%1-%,0#)#$%#2,#:-"%-%,0(&'*-"C%I"#-%*+3/#3')+$%
,"+,'+$.%)#%2-3#"-%*+3$/-3/#.%1%$'3%,#")#"%)#%?'$/-%-%/0%
'3/#"&+*0/+".%,-&-("-$%*&-?#%1%+(#/'?+$%)#%*+203'*-*'H3C
<C%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



I+3?'#"/#%-&%(&+7%#3%#&%*+"-:H3u%)#%/0%-*/'?')-)%+3&'3#C%
T0#%(+2(##%2#3$-#$%6-*'-%/0$%"#)#$%1%)#$)#%/0$%
-7"#7-)+"#$C

Q#*0#")->%oI+3/#3/%'$%k'37ovC%P-/'$L-*#%&-$%#[,#*/-/'?-$%
)#%/0%'3/#"&+*0/+"%*+3%,"+,0#$/-$%?-&'+$-$%1%+"'7'3-&#$C

J"'#3/-%/0%*+3/#3')+$%6-*'-%03-%2#/-%)#/#"2'3-)-C%e0%
,"+,H$'/+%#$%$0$*'/-"%03-%"#$,0#$/-RW%#3%#&%0$0-"'+C

@-"-%)#$-""+&&-"%#$/+$%*"'/#"'+$.%)'$,+3#$%)#%/"#$%/',+$%
)#%*+3/#3')+$RR%#$#3*'-&#$>

    !"   "A<5<I>I@BG%J,#"-/'?+$.%)#$/'3-)+$%-%"#$+&?#"%
         3#*#$')-)#$%,"8*/'*-$C%P'"?#3%('#3%-%&-%L'3-&')-)%
         '3L+"2-/'?-C

    #"   *:3<6B<I>I@BG%_+/'*'-$%"-"-$.%?')#+$%$'2,8/'*+$.%
         '287#3#$%&&-2-/'?-$.%,"#$#3/-*'+3#$%+*0""#3/#$.`
         =)#*0-)+$%,-"-%&-%2#/-%)#%)'L0$'H3C

    $"   $65C9<=>BG%=50#&&+$%50#%-,#&-3%-%&-$%*"##3*'-$%1%
         #2+*'+3#$.%$0$*'/-3)+%'3/#"*-2('+%)#%+,'3'+3#$C%
         @#"L#*/+$%,-"-%#&%+(#/'?+%)#%*+203'*-*'H3C

R #
  MAAKcdd<Q>;K<;6G=69dH567`@5`=63>T6;`I@`5>`=69:;<=>=<6;`@;`<;A@3;@Ad
                                                                    #
W #
  MAAKcdd<Q>;K<;6G=69dBBBBBBBB`;6`B@`56`I<7>B`>`;>I<@`@B`:;`B@=3@A6`Z`B@`55>9>`
                                                                              #
   IT669d
JV #
   MAAKcdd<Q>;K<;6G=69d>3<BA6A@5@B`9>@BA36`I@`3@I>==<6;`[@H`K>3>`
                                                                #
   =69:;<=>I63@Bd
JJ #
   MAAKcdd<Q>;K<;6G=69dfe:@`=6;A@;<I6B`A3<:;O>;`@;`5>`[@H`K>3A<=<K>A<Q>d
                                                                       #
7D%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                                                      =
LM06*5'"*%N'$O
1+)"-$.0()%#(78-$%9+#
!3%#$/-%*0-"/-%L-$#%)#%/0%@&-3%)#%I+203'*-*'H3%#3%
;3/#"3#/%1-%*+3+*#$%-%/0$%'3/#"&+*0/+"#$.%?0#$/"+$%
'3/#"#$#$%*+203#$%1%/'#3#$%*+3/#3')+$%50#%+L"#*#"&#$C%
=6+"-.%3#*#$'/-$%2+/'?-"%03-%?'3*0&-*'H3%"#70&-"%*+3%
#&&+$%,-"-%,"+2+?#"%+%'3/"+)0*'"/#%#3%$0$%*+203')-)#$%
+3&'3#C%=50G%/#%*0#3/+%*H2+%6-*#"&+C

!&%$#*"#/+%*+3$'$/#%#3%*+""#$,+3)#"C%]+$%?G3*0&+$%$#%
*0&/'?-3%#3%#&%'3/#"*-2('+C%I0')-3)+%&-%"#*',"+*')-)C%
!3%;3/#"3#/.%$#%?-&+"-3%&+$%*+2#3/-"'+$.%#3&-*#$.%
*+3/-*/+$%1%$0$*"',*'+3#$C

JG#_@BA<6;>#A:B#=69@;A>3<6B

]+$%0$0-"'+$%)#%&-%Q#)%-7"-)#*#3%50#%$0$%-,+"/-*'+3#$%
/#37-3%"#$,0#$/-C%@+"%#$+>

                JN
h*69@;A>i #

Y#-%/0$%+,'3'+3#$%#3%&+$%#$,-*'+$%c#(%L"#*0#3/-)+$%+%

JN #
   MAAKcdd<Q>;K<;6G=69d=6;B@L6B`K>3>`;6`=69@A@3`:;`=69:;<=>I6`BK>9d
                                                                  #
7;%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



#)'/-)+$%,+"%/0$%'3/#"&+*0/+"#$%#3%&-%Q#)C%@#"+%$'70#%
#$/-$%,-0/-$%,-"-%50#%3+%$#-3%*+3$')#"-)-$%$,-2>

   !      @#"/'3#3*'-C%@"+*0"-%50#%/0$%+($#"?-*'+3#$%/#37-3%
          "#&-*'H3%1%$#3/')+%*+3%#&%-"/G*0&+%*+2#3/-)+%

   !      h-&+"C%;3/#3/-%-,+"/-"%'3L+"2-*'H3%)#%0/'&')-).%
          #$,#*'-&2#3/#.%$'%)#-$%#3&-*#$%-%/0%$'/'+%c#(C%

   !      Q#$,#/+C%@+"%#3*'2-%)#%/+)+.%*02,&#%&-$%3+"2-$%
          (8$'*-$%)#%#)0*-*'H3C%]-%,"'2#"-.%,"#$#3/-"$#%
          -3/#$%)#%)'"'7'"%&-%,-&-("-C%

                              J8
i#j#(@L>#*69@;A>3h

=("#%&+$%*+3/#3')+$%)#%/0%$'/'+%c#(%-%&-$%,"+,0#$/-$%)#%
&+$%0$0-"'+$C%_+%+($/-3/#.%)+$%"#*+2#3)-*'+3#$%1%03-%
$07#"#3*'->

   !      _+"2-$C%!$/-(&#*#%03-%,+&G/'*-%)#%*+2#3/-"'+$%
          *+2,"#3$'(&#.%50#%3+%*+-"/#%&-%,-"/'*',-*'H3C%
          !)0*-*'H3.%?#"-*')-)%1%*+37"0#3*'-%$+3%/"#$%
          ,"'3*','+$%L8*'&2#3/#%-$02'(&#$%,+"%&-%2-1+"G-C%

   !      K+)#"-*'H3C%]##%&+$%*+2#3/-"'+$%-3/#$%)#%
          ,0(&'*-"&+$C%P'%-&703+%3+%"#$,#/-%&-$%3+"2-$.%
          ,0#)#$%#[,&'*-"%,#"$+3-&2#3/#%-&%-0/+"%9-&%#a2-'&%
          "#50#"')+%,-"-%*+2#3/-"<%&+$%2+/'?+$%,+"%&+$%50#%


J8 #
   MAAKcdd<Q>;K<;6G=69dI6B`K6I@36B>B`3>T6;@B`K>3>`>H3<3`=69@;A>3<6B`@;`A:`B<A<6`
                                                                               #
   [@Hd
7<%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



       3+%$#"8%,0(&'*-)+C%

  !    K+/'?-*'H3C%I+3%#$-$%,"#2'$-$.%&-%$07#"#3*'->%
       -,#&-%)'"#*/-2#3/#%-%&-%+,'3'H3%)#&%0$0-"'+.%*+3%
       ,"#703/-$%#[,&G*'/-$.%$+&'*'/-3)+%$0$%'2,"#$'+3#$%+%
       '3L+"2-*'+3#$C

NG#-;A@3=>9H<>#@;5>=@B

]+$%#3&-*#$%$+3%#&%?-&+"%28$%,"#*'-)+%#3%&-%Q#)C%!&%
*-2'3+%6-*'-%#&&+$%$'70#%03%"#*+""')+%)#%)+$%#/-,-$>

  !"   -;I<3@=A>G%@"'2#"+.%6-:%"#L#"#3*'-%2#)'-3/#%
       /"-*b(-*b%-%&+$%*+3/#3')+$%)#%,#"$+3-$%)#%/0%
       '3/#"U$%#3%&+$%/01+$%,"+,'+$C%;3*&41#&-$%#3%/0%
       (&+7"+&&C%Z%3+%+&?')#$%*+""#$,+3)#"%*0-3)+%6-7-3%
       &+%2'$2+%*+3/'7+C%

  #"   (<3@=A>G%PH&+%)#$,0U$%)#%$#70'"%#&%*-2'3+%-3/#"'+".%
       1%*0-3)+%#3/'#3)-$%50#%#['$/#%&-%*+3#['H3%
       $0L'*'#3/#.%,0#)#$%$+&'*'/-"%50#%'3*&01-3.%$'%3+%&+%
       6-3%6#*6+%1-.%03%#3&-*#%,#"2-3#3/#%-%/0%$'/'+%
       c#(C%

8G#-;=@;A<Q>#5>#B:B=3<K=<4;

P0$*"G(#/#%-%&-$%-*/0-&':-*'+3#$%)#%&-$%,87'3-$%)#%/0$%
'3/#"&+*0/+"#$%#3%;3/#"3#/C%e#%,#"2'/'"8%#$/-"%-&%/-3/+%
77%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



,-"-%*+2#3/-"%1%#3&-:-"%&+$%*+3/#3')+$%28$%
'3/#"#$-3/#$C

;70-&2#3/#.%'3*#3/'?-%50#%#&&+$%$'7-3%)#%*#"*-%/0$%
30#?-$%,"+,0#$/-$%)#&%$'70'#3/#%2+)+>

  !   =*/'?-%03%*-3-&%QPP%#3%l##)(0"3#"C%

  !   @"+20#?#%&-%$0$*"',*'H3%*+3%'*+3+$%1%&&-2-)-$%
      )#$/-*-)-$%#3%/0%$'/'+%c#(C%

  !   @"+*0"-%-("'"%)+$%?G-$%)'L#"#3/#$.%03-%,+"%*+""#+%
      #&#*/"H3'*+%1%+/"-%2#)'-3/#%&#*/+"%QPPC%

  !   P'%7#3#"-$%$0L'*'#3/#%*+3/#3')+%#%'3/#"U$.%,0#)#$%
      ,&-3/#-"/#%&-3:-"%03%3#c$&#//#"%"#*+,'&-/+"'+.%*+3%
      -&743%2-/#"'-&%#[*&0$'?+%,-"-%$0$*"',/+"#$C%

SG#-;Q<A>#>#A:B#3@I@B

;3?'/-%-%&-$%,#"$+3-$%*+3%&-$%50#%?-1-$%*+3#*/-3)+%+%
)#$*0("'#3)+%-%/0$%*+3/-*/+$%#3%&-$%"#)#$%1%-7"#7-)+"#$%
$+*'-&#$%#3%&+$%50#%/'#3#$%,#"L'&#$%1%*0#3/-$%-('#"/-$C%Y#%
30#?+.%"#*0#")-%*+""#$,+3)#"%-%&-$%'3?'/-*'+3#$%50#%
"#*'(-$C

XG#,>3=>#A:B#=6;A@;<I6B

Y-/#%)#%-&/-%#3%2-"*-)+"#$%$+*'-&#$%*+2+%2#3U-2#%+%
A'b'+%,-"-%$+2#/#"%/0$%*+3/#3')+$%-%&-%?+/-*'H3%)#%$0$%
2'#2("+$%1%#$/-(&#*#"%-$G%30#?-$%"0/-$%)#%?'3*0&-*'H3C
79%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



DG#$3696=<6;>#+OO`5<;@

_+%,'#")-$%&-%+*-$'H3%)#%?'"/0-&':-"%/0$%"#&-*'+3#$%
,4(&'*-$RgC%@"+20#?#%/0%')#3/')-)%)'7'/-&%#3/"#%&-$%
,#"$+3-$%)#%/0%#3/+"3+C%!?#3/+$.%,0(&'*-*'+3#$.%
,0(&'*')-).`%-,"+?#*6-%&+$%2#)'+$%+LLa&'3#%,-"-%
,+/#3*'-"%/0$%*+3/-*/+$%#3%&-%Q#)C




JS #
   MAAKcdd<Q>;K<;6G=69dfe:@`B6;`5>B`3@5>=<6;@B`K:H5<=>B`NV`:;`=6;=@KA6`@;`
                                                                         #
   K6A@;=<>d
7=%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                                             >
H"*.-*3'4$%P((8.0
:./"()%(;"6%)0$.5-(2-9.-"

]&#7-2+$%-%&-%50'3/-%L-$#%)#&%@&-3%)#%I+203'*-*'H3%#3%
;3/#"3#/C%!&%2+2#3/+%)#%&-%?#")-)C%=6+"-%/+*-%
)#$*0("'"%$'%/0$%#$L0#":+$%#$/83%2#"#*'#3)+%&&#7-"%-%
2#/-C%ST0U%2#/-X%@0#$.%&-%4&/'2-%1%)#/#"2'3-3/#>%
+,/'2':-"%&-%"#,0/-*'H3%+3&'3#%)#%/0%+"7-3':-*'H3C%
=6+"-%/#%#[,&'*+%*H2+C

*6;=@KA6#I@#0@K:A>=<4;#+;5<;@

=3/#$%)#%3-)-.%50U%#3/'#3)+%,+"%"#,0/-*'H3%
*+",+"-/'?-Rn%+3&'3#C%=50G%/#%,"+,+37+%03-%)#L'3'*'H3%
,"8*/'*->

       ]-%"#,0/-*'H3%*+",+"-/'?-%+3&'3#%#$%#&%
       *+3+*'2'#3/+%'3/#3$'?+%1%?-&+"-*'H3%,#"$+3-&%)#%
       03-%+"7-3':-*'H3%50#%*+2,-"/#3%$0$%
       '3/#"&+*0/+"#$%#3%;3/#"3#/C


JX #
   MAAKcdd3@K:A>=<6;=63K63>A<Q>G[@AK><;AG=69dK>7@d0@K:A>=<
                                                         #
   k*8kF8;l*63K63>A<Q>mAn>;6;
7>%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



!$%03%*+3*#,/+%)#%30#$/"+%/'#2,+.%#&%)#%&-$%K-$-$%)#%
I+203'*-)+"#$.%*+3/"-,0#$/+%-&%)#%o'2-7#3%,4(&'*-pRq.%
)#%&-%I+203'*-*'H3%)#%K-$-$.%#3%)+$%#&#2#3/+$%*&-?#>

*6;6=<9<@;A6#<;A@;B<Q6c#@"+L03)':-%28$%-&&8%)#%&+$%
#$&H7-3#$%1%&+$%/'/0&-"#$C%P#%-(-$/#*#%#3%2-1+"%2#)')-%
)#%&-%*+3?#"$-*'H3%50#%)#%&-%+($#"?-*'H3C

1>563>=<4;#K@3B6;>5c%l03)-2#3/-)-%28$%#3%&-%,"+,'-%
#[,#"'#3*'-%50#%#3%&+$%0'*'+$%*+",+"-/'?+$%-2,&'L'*-)+$%
,+"%&+$%K#)'+$%)#%Y'L0$'H3C

@-"/'#3)+%)#%#$/-$%')#-$.%/#%*0#3/+%*H2+%,0#)#$%2#)'"%
&-$%)+$%*-"-$%)#%&-%2+3#)-%"#,0/-*'H3>%*"#)'('&')-)%1%
*+3L'-3:-RrC%!&%"#$0&/-)+%)#,#3)#"8%)#%/0%-*'#"/+%#3%&-$%
*0-/"+%L-$#$%-3/#"'+"#$%)#&%@&-3%)#%I+203'*-*'H3>

JoG#)Q>5a>#5>#=3@I<H<5<I>I#I@#A:#9>3=>

@-"-%*0&/'?-"%03-%(0#3-%"#,0/-*'H3%*+",+"-/'?-.%#3%
,"'2#"%&07-".%/0%+"7-3':-*'H3%)#(#%"#$0&/-"%*"#G(&#C

!3%;3/#"3#/.%#$-%*"#)'('&')-)%$#%7-3-%6-*'#3)+%?-&#"%&+$%
*+3/#3')+$%,"+,'+$C%I+3%03-%-)#*0-)-%#$/"-/#7'-%
b#1c+")%1%03-%/8*/'*-%,+$/%*#"/#"-C



JD #
   MAAKcdd<Q>;K<;6G=69d>;>5<B<B`73>A:<A6`I@5`9@3=>I6`I@`5>`=69:;<=>=<6;`
                                                                       #
   @9K3@B>3<>5d
JP #
   MAAKcdd[[[G>I65O6=63:L6G=69dNVVRdV8dJDd=6;O<>;T>`=:@BA<6;`I@`=3@I<H<5<I>Id
                                                                            #
7A%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



Y#%#$#%2+)+.%L-?+"#*#$%50#%/0$%'3/#"&+*0/+"#$%#3%&-%Q#)%
-$'2'&#3%*+3+*'2'#3/+$%'3/#3$'?+$.%#3%,"+L03)')-).%
$+("#%/0%2-"*->%#&%*+2,+3#3/#%(8$'*+%)#%&-%"#,0/-*'H3%
*+",+"-/'?-C

@0#)#$%*+2,"+(-"%#3%50U%2#)')-%?-$%&+7"-3)+%#$/#%
,"+,H$'/+%2')'#3)+%#$/+$%+(#/'?+$%)#%*+203'*-*'H3%
+3&'3#>

-;O639>=<4;

!$%03%(0#3%G3)'*#%50#%/0$%'3/#"&+*0/+"#$%$#%'3/#"#$#3.%-&%
2#3+$.%,+"%*-,/-"%)-/+$%$+("#%+%)#%/0%+"7-3':-*'H3C%P#%
*+3/-('&':-%,+">

  !   h'$'/-$%-%)#/#"2'3-)-$%,87'3-$.%-%/"-?U$%)#%
      M++7&#%=3-&1/'*$C

  !   K-"*-*'+3#$%)#%*+3/#3')+$%*+3*"#/+$%#3%
      2-"*-)+"#$%$+*'-&#$%*+2+%)#&'*'+0$.%c'b'+%+%
      2#3#-2#C

  !   Y#$*-"7-$%)#%)+*02#3/+$%'3L+"2-/'?+$%)#$)#%
      -7"#7-)+"#$%)#&%/',+%)+*$/+*C

(<O:B<4;

J/"-%$#d-&%/+)-?G-%2#+"%#$%50#%/0$%'3/#"&+*0/+"#$%$#%
'3/#"#$#3%,+"%/0$%*+3/#3')+$%6-$/-%#&%,03/+%)#%
*+2,-"/'"&+$%*+3%&+$%)#28$C%P#%*+2,0/-%2#)'-3/#>
7B%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



  !   !3&-*#$%#3/"-3/#$.%*+3%Z-6++%P'/#%![,&+"#"C

  !   K#3*'+3#$%-%/0$%2-"*-$.%*+3%M++7&#C

  !   ;3$#"*'+3#$%)#%*+3/#3')+$.%*+3%-,&'*-*'+3#$%*+2+%
      $&')#$6-"#%+%c')7#/(+[C

  !   !3?G+$%2#)'-3/#%*+""#+%#&#*/"H3'*+.%*+3%$#"?'*'+$%
      *+2+%#&%)#%$6-"#%/6'$C

NoG#)b>9<;>#5>#=6;O<>;T>#@;#A:#9>3=>

@-"-%*+3$#70'"%03-%(0#3-%"#,0/-*'H3%*+",+"-/'?-.%&+%
)#L'3'/'?+%#$%50#%/0$%'3/#"&+*0/+"#$%$#%LG#3%)#%&-%
+"7-3':-*'H3C

!3%;3/#"3#/.%#$-%*+3L'-3:-%$#%7-3-%,-"/'*',-3)+%#3%&-$%
*+203')-)#$%+3&'3#C%Y#$)#%03%-/'3-)+%-38&'$'$%(&+7"+&&%
6-$/-%03-%#L'*-:%+,#"-/'?-%&'3bC

=$G%L+2#3/-$%50#%/0$%'3/#"&+*0/+"#$%?-&+"#3%-%/0%
+"7-3':-*'H3%,+"%$0%,"+,'-%#[,#"'#3*'-.%&+%*0-&%+,/'2':-%
$0%*+3?#3*'2'#3/+%1%(0#3-%,"#)'$,+$'*'H3C

@-"-%-?#"'7i-"%#3%50U%7"-)+%?-$%-&*-3:-3)+%#$-%2#/-.%
,0#)#$%*-&'("-"%#$/+$%+(#/'?+$%)#%'3/#"-**'H3%+3&'3#>

*69:;<=>=<4;

O3%'3)'*'+%)#%50#%/0$%'3/#"&+*0/+"#$%20#$/"-3%*'#"/-%
*+3L'-3:-%6-*'-%/0%+"7-3':-*'H3%1-%$#%,"+)0*#%*0-3)+%
-**#)#3%-%)'-&+7-"%*+3%#&&-.%-%/"-?U$%)#>
7C%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



  !   I+2#3/-"'+$.%50#%,0#)#$%$#70'"%2#)'-3/#%
      -,&'*-*'+3#$%*+2+%*+I+22#3/C

  !   !3*0#$/-$.%50#%,0#)#$%7#$/'+3-"%*+3%6#""-2'#3/-$%
      )#&%#$/'&+%2'*"+,+&&C

  !   I+""#+$.%50#%,0#)#$%*+3/-('&':-"%#3%*0#3/-$%
      #$,#*GL'*-$%)#%#2-'&C

0@5>=<4;

@#"+%&-%2-1+"%L'-('&')-)%$#%2-3'L'#$/-%*0-3)+%&+$%
'3/#"&+*0/+"#$%)#*')#3%$#70'"%1%,-"/'*',-"%)#%2-3#"-%
*+3$/-3/#%#3%&-%-*/'?')-)%+3&'3#%)#%/0%+"7-3':-*'H3.%
2#)'-3/#>

  !   =L'&'-*'+3#$C%l-3$%)#%/0%,87'3-%*+",+"-/'?-%#3%
      l-*#(++b.%2'#2("+$%)#&%L+"+%+%c'b'%)#%&-%
      +"7-3':-*'H3^%-2'$/-)#$%)#%/0%*+203')-)%#3%_'37^%
      *+3/-*/+$%#3%7"0,+$%)#%]'3b#);3^%$#70')+"#$%#3%
      ec'//#"

  !   P0$*"',*'+3#$%-%&-$%-*/0-&':-*'+3#$%)#%/0%(&+7%+%
      $'/'+%*+",+"-/'?+.%*+3/-('&':-)-$%-%/"-?U$%)#%
      l##)E0"3#"C

  !   O$0-"'+$%"#*0""#3/#$%)#%/0%#$,-*'+%#3%;3/#"3#/.%
      "#7'$/"-)+$%*+3%M++7&#%=3-&1/'*$C
9D%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+



8oG#,6;<A63<T>#A:#3@K:A>=<4;#@;#_6675@

P'%&+$%'3)'*-)+"#$%)#%*"#)'('&')-)%1%*+3L'-3:-%$'70#3%
03-%/#3)#3*'-%,+$'/'?-.%$-("8$%50#%/0%@&-3%)#%
I+203'*-*'H3%#3%;3/#"3#/%?-%##*0/83)+$#%
*+""#*/-2#3/#C

@-"-%-$#70"-"/#%)#%#&&+.%$H&+%3#*#$'/-$%*+3L'"2-"&+%#3%#&%
2+3'/+"%03'?#"$-&%)#%"#,0/-*'H3%+3&'3#>

  RC E0$*-%#&%3+2("#%)#%/0%+"7-3':-*'H3%#3%M++7&#C

  VC Q#7'$/"-%&-$%,87'3-$%1%,+$'*'+3#$%)#%&+$%)'#:%
      ,"'2#"+$%"#$0&/-)+$C

  fC ;)#3/'L'*-%&-%L0#3/#%1%-3-&':-%#&%*+3/#3')+%
      2+$/"-)+%#3%*-)-%03+%)#%#&&+$C

!$/-(&#*#%/0$%,"+,'+$%(-"#2+$C%!3%2'%+,'3'H3>

  !   P'%&+$%$#'$%,"'2#"+$%"#$0&/-)+$%$#%"#L'#"#3%-%/0%
      +"7-3':-*'H3%#3%/U"2'3+%3#0/"+$%+%L-?+"-(&#$.%
      ,0#)#$%$#3/'"/#%(-$/-3/#%$-/'$L#*6FC

  !   Z%$'%28$%)#&%nWw%)#%&+$%2'$2+$%,"+*#)#3%)#%$'/'+$%
      -#3+$%-%/0$%)+2'3'+$.%20*6+%28$%/+)-?G-C
9;%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                         H$.*30+
'"*$M'$(Q1LR
  !   #
      *<;=6#9Eb<9>B#I@#5>#*69:;<=>=<4;#NGV
                                         #
  !   #
      ':@Q6B#=6;=@KA6B#K>3>#5>B#0@5>=<6;@B#$aH5<=>B
                                                  #
  !   #
      f*496#B@#K3@K>3>#:;#$5>;#I@#*69:;<=>=<4;#NGVm
                                                  #
  !   #
      >5>#I@#$3@;B>#+;#%<;@c#&:A63<T>I>#K>3>#A6I6B#56B
                                                      ##
      $aH5<=6B
  !   #
      )bK563>#5>B#=<;=6#3:A>B#I@#5>#*69:;<=>=<4;#@;
                                                  ##
      -;A@3;@A
  !   #
      <A<6#F567c#I@5#$63A>5#>5#,6BA3>I63#*63K63>A<Q6
                                                    #
  !   #
      F567c#)5#*63>T4;#I@#5>#*69:;<=>=<4;#@;#-;A@3;@A
                                                    #
  !   #
      &3<BA4A@5@B?#,>@BA36#I@#0@I>==<4;#U@H#K>3>
                                               ##
      *69:;<=>I63@B
  !   #
      fp:C#=6;A@;<I6B#A3<:;O>;#@;#5>#U@H#$>3A<=<K>A<Q>m
                                                      #
  !   #
      *6;B@L6B#K>3>#;6#=69@A@3#:;#*69:;<=>I6`K>9#
  !   #
      (6B#K6I@36B>B#3>T6;@B#K>3>#>H3<3#=69@;A>3<6B#@;#A:
                                                       ##
      B<A<6#[@H
  !   #
      fp:C#B6;#5>B#0@5>=<6;@B#$aH5<=>B#NGVm#";
                                             ##
      *6;=@KA6#@;#$6A@;=<>
  !   #
      &;E5<B<B#q73>A:<A6r#I@5#,@3=>I6#I@#5>#*69:;<=>=<4;
                                                       ##
      )9K3@B>3<>5
  !   #
      U<]<#0@K:A>=<4;#*63K63>A<Q>
                                #
9<%D!"#$%&'#()#*+,"'-*&*-.'#+'%-')#/#$+0#-12'#$-'+




                                   1($5*35(




                                   MAAKcdd<Q>;K<;6G=69

                             <Q>;K<;6T>Bs79><5G=69

                         MAAKcddA[<AA@3G=69d<Q>;K<;6T>B

                 MAAKcdd[[[GH<ABK3G;@AdK36O<5@d-Q>;$<;6

                MAAKcdd[[[G5<;]@I<;G=69d<;d<Q>;K<;6T>B

Mais conteúdo relacionado

Mais procurados

Connectix webserver
Connectix webserverConnectix webserver
Connectix webserversteveheer
 
Good Informatics Practices Business Model For Cloud
Good Informatics Practices Business Model For CloudGood Informatics Practices Business Model For Cloud
Good Informatics Practices Business Model For Cloudanetteasher
 
Ebook isu isu sentral islam liberal
Ebook isu isu sentral islam liberalEbook isu isu sentral islam liberal
Ebook isu isu sentral islam liberalAbu Muhammad
 
Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...
Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...
Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...Biocat, BioRegion of Catalonia
 
La transformación del currículo
La transformación del currículoLa transformación del currículo
La transformación del currículoMiguel Ariza
 
Déclic'emploi, un pas vers le salariat
Déclic'emploi, un pas vers le salariatDéclic'emploi, un pas vers le salariat
Déclic'emploi, un pas vers le salariatCri - Greta du Velay
 
Laboratoire nomade 2015 mai
Laboratoire nomade 2015 maiLaboratoire nomade 2015 mai
Laboratoire nomade 2015 maiMarc Zammit
 
Buku panduan pengelolaan-e-journal
Buku panduan pengelolaan-e-journalBuku panduan pengelolaan-e-journal
Buku panduan pengelolaan-e-journalCoky Fauzi Alfi
 
Social Bullseye Services Overview
Social Bullseye Services OverviewSocial Bullseye Services Overview
Social Bullseye Services OverviewDave Jaworski
 
Normativa riferimento 81 08
Normativa riferimento 81 08Normativa riferimento 81 08
Normativa riferimento 81 08sebaber
 
Virtues some surahs of the noble qura'n - imaam al-albaanee
Virtues   some surahs of the noble qura'n - imaam al-albaaneeVirtues   some surahs of the noble qura'n - imaam al-albaanee
Virtues some surahs of the noble qura'n - imaam al-albaaneeShahedur
 

Mais procurados (19)

Connectix webserver
Connectix webserverConnectix webserver
Connectix webserver
 
Good Informatics Practices Business Model For Cloud
Good Informatics Practices Business Model For CloudGood Informatics Practices Business Model For Cloud
Good Informatics Practices Business Model For Cloud
 
Upper atmospherer hindi
Upper atmospherer hindiUpper atmospherer hindi
Upper atmospherer hindi
 
Ebook isu isu sentral islam liberal
Ebook isu isu sentral islam liberalEbook isu isu sentral islam liberal
Ebook isu isu sentral islam liberal
 
Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...
Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...
Aproximació a la nutrigenòmica i aplicacions en l'àmbit dels aliments funcion...
 
La transformación del currículo
La transformación del currículoLa transformación del currículo
La transformación del currículo
 
Ipad gump
Ipad gumpIpad gump
Ipad gump
 
Brand
BrandBrand
Brand
 
Déclic'emploi, un pas vers le salariat
Déclic'emploi, un pas vers le salariatDéclic'emploi, un pas vers le salariat
Déclic'emploi, un pas vers le salariat
 
Laboratoire nomade 2015 mai
Laboratoire nomade 2015 maiLaboratoire nomade 2015 mai
Laboratoire nomade 2015 mai
 
Story Telling With Open Data
Story Telling With Open DataStory Telling With Open Data
Story Telling With Open Data
 
Curso Altium Designer Basico
Curso Altium Designer BasicoCurso Altium Designer Basico
Curso Altium Designer Basico
 
Buku panduan pengelolaan-e-journal
Buku panduan pengelolaan-e-journalBuku panduan pengelolaan-e-journal
Buku panduan pengelolaan-e-journal
 
Social Bullseye Services Overview
Social Bullseye Services OverviewSocial Bullseye Services Overview
Social Bullseye Services Overview
 
Normativa riferimento 81 08
Normativa riferimento 81 08Normativa riferimento 81 08
Normativa riferimento 81 08
 
Seminar@TU/e 2010 - Montali - Business Constraint Monitoring and Operational ...
Seminar@TU/e 2010 - Montali - Business Constraint Monitoring and Operational ...Seminar@TU/e 2010 - Montali - Business Constraint Monitoring and Operational ...
Seminar@TU/e 2010 - Montali - Business Constraint Monitoring and Operational ...
 
Ph 3
Ph 3Ph 3
Ph 3
 
Virtues some surahs of the noble qura'n - imaam al-albaanee
Virtues   some surahs of the noble qura'n - imaam al-albaaneeVirtues   some surahs of the noble qura'n - imaam al-albaanee
Virtues some surahs of the noble qura'n - imaam al-albaanee
 
Decentralized Controllability
Decentralized ControllabilityDecentralized Controllability
Decentralized Controllability
 

Destaque

Actividad de aprenmdezaje 19
Actividad de aprenmdezaje 19Actividad de aprenmdezaje 19
Actividad de aprenmdezaje 19INPA3502
 
La cua llarga (The long tail)
La cua llarga (The long tail)La cua llarga (The long tail)
La cua llarga (The long tail)Santiago Guillen
 
Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02
Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02
Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02Santiago Guillen
 
Visión culta, corazón educado. 141022 javier gomá
Visión culta, corazón educado. 141022 javier gomáVisión culta, corazón educado. 141022 javier gomá
Visión culta, corazón educado. 141022 javier gomáSantiago Guillen
 
Powert point ingles
Powert point inglesPowert point ingles
Powert point inglesestersanchez
 
the nightmare before christmas
the nightmare before christmasthe nightmare before christmas
the nightmare before christmasestersanchez
 
Resource2 spm
Resource2 spmResource2 spm
Resource2 spmGanea Dia
 
the nightmare before christmas
the nightmare before christmas the nightmare before christmas
the nightmare before christmas estersanchez
 
Powert point ingles
Powert point inglesPowert point ingles
Powert point inglesestersanchez
 
Mps xml generator
Mps xml generatorMps xml generator
Mps xml generatorGanea Dia
 
Measuring social value_-_web
Measuring social value_-_webMeasuring social value_-_web
Measuring social value_-_webSantiago Guillen
 
Oximetria valor
Oximetria valorOximetria valor
Oximetria valorjany_005
 
Corba and-java
Corba and-javaCorba and-java
Corba and-javaafreen58
 

Destaque (17)

Educ fin veja
Educ fin vejaEduc fin veja
Educ fin veja
 
Actividad de aprenmdezaje 19
Actividad de aprenmdezaje 19Actividad de aprenmdezaje 19
Actividad de aprenmdezaje 19
 
La cua llarga (The long tail)
La cua llarga (The long tail)La cua llarga (The long tail)
La cua llarga (The long tail)
 
Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02
Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02
Shortcourseseriousgamesalmere2013v3 130121033427-phpapp02
 
Europa 269
Europa 269Europa 269
Europa 269
 
Visión culta, corazón educado. 141022 javier gomá
Visión culta, corazón educado. 141022 javier gomáVisión culta, corazón educado. 141022 javier gomá
Visión culta, corazón educado. 141022 javier gomá
 
Powert point ingles
Powert point inglesPowert point ingles
Powert point ingles
 
the nightmare before christmas
the nightmare before christmasthe nightmare before christmas
the nightmare before christmas
 
Resource2 spm
Resource2 spmResource2 spm
Resource2 spm
 
the nightmare before christmas
the nightmare before christmas the nightmare before christmas
the nightmare before christmas
 
Powert point ingles
Powert point inglesPowert point ingles
Powert point ingles
 
My five
My fiveMy five
My five
 
Mps xml generator
Mps xml generatorMps xml generator
Mps xml generator
 
Measuring social value_-_web
Measuring social value_-_webMeasuring social value_-_web
Measuring social value_-_web
 
Oximetria valor
Oximetria valorOximetria valor
Oximetria valor
 
Corba and-java
Corba and-javaCorba and-java
Corba and-java
 
Debate Pegida
Debate Pegida Debate Pegida
Debate Pegida
 

Semelhante a Tu plan de comunicación en internet, paso a paso

107 MBA creativity intro - class slides 1.pptx
107 MBA creativity intro - class slides 1.pptx107 MBA creativity intro - class slides 1.pptx
107 MBA creativity intro - class slides 1.pptxjedsodfj
 
An Emerging Water Management Paradigm - Dr. Khosrow Farabakhsh
An Emerging Water Management Paradigm - Dr. Khosrow FarabakhshAn Emerging Water Management Paradigm - Dr. Khosrow Farabakhsh
An Emerging Water Management Paradigm - Dr. Khosrow FarabakhshToronto 2030 District
 
Criptosistemas Clásicos
Criptosistemas ClásicosCriptosistemas Clásicos
Criptosistemas ClásicosSamary Páez
 
guia para la remineralizacion de aguas desaladas.PDF
guia para la remineralizacion de aguas desaladas.PDFguia para la remineralizacion de aguas desaladas.PDF
guia para la remineralizacion de aguas desaladas.PDFhome
 
Start-up: FanpageTrender.pl - pomiar działań marketingowych na Facebooku
Start-up: FanpageTrender.pl - pomiar działań marketingowych na FacebookuStart-up: FanpageTrender.pl - pomiar działań marketingowych na Facebooku
Start-up: FanpageTrender.pl - pomiar działań marketingowych na Facebookucendoo1
 
Fanpage Trender
Fanpage TrenderFanpage Trender
Fanpage TrenderCendoo
 
ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1
ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1
ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1Dimitris Psounis
 
Historiografía de la educación comie selección
Historiografía de la educación comie selecciónHistoriografía de la educación comie selección
Historiografía de la educación comie selecciónnada
 
HSC Legal Studies - Young Offenders Topic
HSC Legal Studies - Young Offenders TopicHSC Legal Studies - Young Offenders Topic
HSC Legal Studies - Young Offenders TopicHSCLegalStudies
 
Using Social Media to Enhance Civic Participation: Executive Summary and Guid...
Using Social Media to Enhance Civic Participation: Executive Summary and Guid...Using Social Media to Enhance Civic Participation: Executive Summary and Guid...
Using Social Media to Enhance Civic Participation: Executive Summary and Guid...Yasmin Fodil
 
Story bird resources_part_3
Story bird resources_part_3Story bird resources_part_3
Story bird resources_part_3Eric Brace
 
Taklimat kssr b.t tahun 2 sk
Taklimat kssr b.t tahun 2 skTaklimat kssr b.t tahun 2 sk
Taklimat kssr b.t tahun 2 skRavin Ravi
 
Adapt, Collaborate, Innovate
Adapt, Collaborate, InnovateAdapt, Collaborate, Innovate
Adapt, Collaborate, InnovateJim Smurro
 
Succeeding in the Mobility Game
Succeeding in the Mobility GameSucceeding in the Mobility Game
Succeeding in the Mobility GameCRMreviews
 
Handbook of Business Model Innovation
Handbook of Business Model InnovationHandbook of Business Model Innovation
Handbook of Business Model InnovationHochschule Ruhr West
 

Semelhante a Tu plan de comunicación en internet, paso a paso (20)

107 MBA creativity intro - class slides 1.pptx
107 MBA creativity intro - class slides 1.pptx107 MBA creativity intro - class slides 1.pptx
107 MBA creativity intro - class slides 1.pptx
 
An Emerging Water Management Paradigm - Dr. Khosrow Farabakhsh
An Emerging Water Management Paradigm - Dr. Khosrow FarabakhshAn Emerging Water Management Paradigm - Dr. Khosrow Farabakhsh
An Emerging Water Management Paradigm - Dr. Khosrow Farabakhsh
 
Criptosistemas Clásicos
Criptosistemas ClásicosCriptosistemas Clásicos
Criptosistemas Clásicos
 
FDA Q&A
FDA Q&A FDA Q&A
FDA Q&A
 
guia para la remineralizacion de aguas desaladas.PDF
guia para la remineralizacion de aguas desaladas.PDFguia para la remineralizacion de aguas desaladas.PDF
guia para la remineralizacion de aguas desaladas.PDF
 
Start-up: FanpageTrender.pl - pomiar działań marketingowych na Facebooku
Start-up: FanpageTrender.pl - pomiar działań marketingowych na FacebookuStart-up: FanpageTrender.pl - pomiar działań marketingowych na Facebooku
Start-up: FanpageTrender.pl - pomiar działań marketingowych na Facebooku
 
Fanpage Trender
Fanpage TrenderFanpage Trender
Fanpage Trender
 
ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1
ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1
ΠΛΗ31 ΤΥΠΟΛΟΓΙΟ ΕΝΟΤΗΤΑΣ 1
 
Mailings Sublevación de Abril
Mailings Sublevación de AbrilMailings Sublevación de Abril
Mailings Sublevación de Abril
 
Historiografía de la educación comie selección
Historiografía de la educación comie selecciónHistoriografía de la educación comie selección
Historiografía de la educación comie selección
 
HSC Legal Studies - Young Offenders Topic
HSC Legal Studies - Young Offenders TopicHSC Legal Studies - Young Offenders Topic
HSC Legal Studies - Young Offenders Topic
 
Using Social Media to Enhance Civic Participation: Executive Summary and Guid...
Using Social Media to Enhance Civic Participation: Executive Summary and Guid...Using Social Media to Enhance Civic Participation: Executive Summary and Guid...
Using Social Media to Enhance Civic Participation: Executive Summary and Guid...
 
Story bird resources_part_3
Story bird resources_part_3Story bird resources_part_3
Story bird resources_part_3
 
Taklimat kssr b.t tahun 2 sk
Taklimat kssr b.t tahun 2 skTaklimat kssr b.t tahun 2 sk
Taklimat kssr b.t tahun 2 sk
 
03 The emergence of a new agriculture paradigm - Bjorn Low - Edible Garden City
03 The emergence of a new agriculture paradigm - Bjorn Low - Edible Garden City03 The emergence of a new agriculture paradigm - Bjorn Low - Edible Garden City
03 The emergence of a new agriculture paradigm - Bjorn Low - Edible Garden City
 
Adapt, Collaborate, Innovate
Adapt, Collaborate, InnovateAdapt, Collaborate, Innovate
Adapt, Collaborate, Innovate
 
Succeeding in the Mobility Game
Succeeding in the Mobility GameSucceeding in the Mobility Game
Succeeding in the Mobility Game
 
Handbook of Business Model Innovation
Handbook of Business Model InnovationHandbook of Business Model Innovation
Handbook of Business Model Innovation
 
Thai Alcoholic Beverages Regulations 2011
Thai Alcoholic Beverages Regulations 2011Thai Alcoholic Beverages Regulations 2011
Thai Alcoholic Beverages Regulations 2011
 
Treacle tart
Treacle tartTreacle tart
Treacle tart
 

Mais de Santiago Guillen

Cuina per ocupacio-fundació Jovent
Cuina per ocupacio-fundació JoventCuina per ocupacio-fundació Jovent
Cuina per ocupacio-fundació JoventSantiago Guillen
 
Joc i cultura dels ordinadors
Joc i cultura dels ordinadorsJoc i cultura dels ordinadors
Joc i cultura dels ordinadorsSantiago Guillen
 
La musica clásica ha cambiado nuestra escuela. La Vanguardia
La musica clásica ha cambiado nuestra escuela. La VanguardiaLa musica clásica ha cambiado nuestra escuela. La Vanguardia
La musica clásica ha cambiado nuestra escuela. La VanguardiaSantiago Guillen
 
Cooperation and art.The role of culture in development cooperation by corneli...
Cooperation and art.The role of culture in development cooperation by corneli...Cooperation and art.The role of culture in development cooperation by corneli...
Cooperation and art.The role of culture in development cooperation by corneli...Santiago Guillen
 
Creative clash mapping_2013_grzelec_prata3
Creative clash mapping_2013_grzelec_prata3Creative clash mapping_2013_grzelec_prata3
Creative clash mapping_2013_grzelec_prata3Santiago Guillen
 
Creative clash-final-report-wzb-evidence-of-value-added-artistic-interventions
Creative clash-final-report-wzb-evidence-of-value-added-artistic-interventionsCreative clash-final-report-wzb-evidence-of-value-added-artistic-interventions
Creative clash-final-report-wzb-evidence-of-value-added-artistic-interventionsSantiago Guillen
 
Hpl 2007-147 Laboratori HP
Hpl 2007-147 Laboratori HPHpl 2007-147 Laboratori HP
Hpl 2007-147 Laboratori HPSantiago Guillen
 
Mapping arts-based Initiatives. prof schiuma-final-1
Mapping arts-based Initiatives.   prof schiuma-final-1Mapping arts-based Initiatives.   prof schiuma-final-1
Mapping arts-based Initiatives. prof schiuma-final-1Santiago Guillen
 
Arts Education And Creativity.Pcah Reinvesting 4web
Arts Education And Creativity.Pcah Reinvesting 4webArts Education And Creativity.Pcah Reinvesting 4web
Arts Education And Creativity.Pcah Reinvesting 4webSantiago Guillen
 

Mais de Santiago Guillen (18)

Cuina per ocupacio-fundació Jovent
Cuina per ocupacio-fundació JoventCuina per ocupacio-fundació Jovent
Cuina per ocupacio-fundació Jovent
 
Vocabulari 3
Vocabulari 3Vocabulari 3
Vocabulari 3
 
Ugo Bardi
Ugo BardiUgo Bardi
Ugo Bardi
 
Yochai Benkler
Yochai BenklerYochai Benkler
Yochai Benkler
 
Joc i cultura dels ordinadors
Joc i cultura dels ordinadorsJoc i cultura dels ordinadors
Joc i cultura dels ordinadors
 
La musica clásica ha cambiado nuestra escuela. La Vanguardia
La musica clásica ha cambiado nuestra escuela. La VanguardiaLa musica clásica ha cambiado nuestra escuela. La Vanguardia
La musica clásica ha cambiado nuestra escuela. La Vanguardia
 
Cooperation and art.The role of culture in development cooperation by corneli...
Cooperation and art.The role of culture in development cooperation by corneli...Cooperation and art.The role of culture in development cooperation by corneli...
Cooperation and art.The role of culture in development cooperation by corneli...
 
Creative clash mapping_2013_grzelec_prata3
Creative clash mapping_2013_grzelec_prata3Creative clash mapping_2013_grzelec_prata3
Creative clash mapping_2013_grzelec_prata3
 
Creative clash-final-report-wzb-evidence-of-value-added-artistic-interventions
Creative clash-final-report-wzb-evidence-of-value-added-artistic-interventionsCreative clash-final-report-wzb-evidence-of-value-added-artistic-interventions
Creative clash-final-report-wzb-evidence-of-value-added-artistic-interventions
 
Vertical guide-twwta
Vertical guide-twwtaVertical guide-twwta
Vertical guide-twwta
 
Crisis españa 2012
Crisis españa 2012Crisis españa 2012
Crisis españa 2012
 
Ci creative index
Ci creative indexCi creative index
Ci creative index
 
Art i empreses i ciutat
Art i empreses i ciutatArt i empreses i ciutat
Art i empreses i ciutat
 
Hpl 2007-147 Laboratori HP
Hpl 2007-147 Laboratori HPHpl 2007-147 Laboratori HP
Hpl 2007-147 Laboratori HP
 
BCN consens
BCN consensBCN consens
BCN consens
 
Manifesto.es
Manifesto.esManifesto.es
Manifesto.es
 
Mapping arts-based Initiatives. prof schiuma-final-1
Mapping arts-based Initiatives.   prof schiuma-final-1Mapping arts-based Initiatives.   prof schiuma-final-1
Mapping arts-based Initiatives. prof schiuma-final-1
 
Arts Education And Creativity.Pcah Reinvesting 4web
Arts Education And Creativity.Pcah Reinvesting 4webArts Education And Creativity.Pcah Reinvesting 4web
Arts Education And Creativity.Pcah Reinvesting 4web
 

Tu plan de comunicación en internet, paso a paso