Circolare FMI 2022

2022
CircolareFMI
IZZ^b Wc ac f b `f[ e_dP e^c f` Tf < 5&f[ e_f M b`]dU _db A e[ e^c _e f` Tf& f[ e_f B -:@ $:B @B<T 9 YP P_d cVdb `ef] Y _f ] da b fS e [ e^c _e 5f@ -:@ ":B @B<T SbX Xc^db 9 e^f ; Yc` ab f` b `fe ]Z _d da c X e` ae fd` [ d cab f] df ^dX c` [ cfc __e f` b ^X ef] ac aY ac ^de Qf c _ R eU b_c X e` ab f D^U c` d b f Ae[ e^c _e Qf c_f ReU b_c X e` ab f Mc` dS e ]ac Vdb `d M bab d _d] ad K efe [ fc __c fM d^ b _c ^e fS Zb^adW c T S D M MIR RD G PSP ^I O? 6 ?D VRL  f9 R R? MR9 I LR TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU Tff 4ff I AARL RI 'RD ?J TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU Tff & R RI AARL RI 'RD ?J TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU Tff f L D )D fM DLD fM LU 0 TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU Tf< -f 9 JM fA J 8 JR ILJ TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU Tf< -f I ) JVD LI 'RD ?RfA RS M ILR TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU Tf< 4f 8 D MUM J? LRfU LRL R TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU T<$f S Y K KYN WG YM SP ? D VRL  f9 R R? MR9 I LR TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU TB@ L J S SJR IM J? LD TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU TBBf Le ]]e ^c fM eX Pe^TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU TB4 Le ]]e ^c X e` ab fD `_d` e TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU TB5 Le ]]e ^c fS Zb^a TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU TB" Le ]]e ^c fM d` d] Z b^af TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T-@ 9 I SSI ) )RD fL R IfL R9 D LD )RJ f8 RfL J S SJR I:L RM J? 'I TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T-< L R ISAJ R RM J? LRfI 8 fI LL R D fM DLD fM LU 0 TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T-B # D 00fM IR 8 TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T-- 8 D MUM J? LRfU LRL RTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T-5 O ZI YM :Y ? D VRL  f9 R R? MR9 I LR TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU T -" L RM J? 'JfI ) D ?RS LRM #J TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T 4@ LI 0 JLLI fL RM J? 'J TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T 4& M JR LRA RM I'RD ?JfM J8 RM I TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T 5" I L LRV RL  fR? LJ R ? I'RD ?ILJ TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU T &4 M D 9JR LU RJfI SSRM URIL RV J TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T & 8 D MUM J? LRfU LRL R TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT Z cU T$< G > G Z TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T $4
ZG BP NSZ!K YN 7Z: Z!Y !G PHWOZS 0 !H Z!B W 4 WG YM SP TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT ZcU T ”@
& 4167 4 + 6, 67 . 5004 7 ! #
 15 -6. 5/ 367 . 67 ! 232 7& 0) 
& 2/ -6* 065 167  5. 514 06
 15 -6. 5/ 367 . 567 & 2+ 63 4 367 5* 62 / 406
 15 -6. 5/ 367 . 567 ! 232 7& 0) 
 15 -6. 5/ 367 5 7& 221. 6/ 432 167 . 67 & 2+ +6- -62 / 67 5 7& 2+ 63 4 36
 1* 4/ 6’ ’4 32 167  4’62 / 4067 5 . 7 / 35 1/ 4’62 / 406
 12 + 232 16
B U] R] T V[ E X^Q[ ^I U L X Q[ U] ^> G Z^D ;DD
L cfM d^ b _c ^e f^ d] Y _a c fc ^ad b _c ac f` e__e f] e U Ye` adf ] e Vdb `d5
= f Mbab fM _Y P
=f Le ]]e ^c X e` ab
= f Ld e` Ve
=f M*A M R
=f 9^b ]Z eaab f^ de Z d_b UcadW b f[ df a Y aadf U _df dX Zb^adf [ edf ] e ^W dV df e f_e fX b[ c_da H f[ df Z cU cX e` ab
Rf cZ da b _df ^ e _c adW df c __e fZ ^b e[ Y^e f[ df I SS d_dc Vdb `e:R dc SS d_dc Vdb `ef fL e ]]e ^c X e` ab fe fL d e` Ve
] b `b fc ` ad dZ cadf [ cfY `fZ ^b ]Z eaab f] Y __e fZ ^d` dZ c_df ` b Wda H fZ e^f_c f` Yb Wc f] ac U db `eT
R_f 9 ^e ]d[ e` ae fA M R
)db Wc ` `df M bZ db _d
1

2022
Moto  C lu b

4
MP 7ZS 0 ^B N ZM IZB W OZ^D ;DD
= S Y N G ZM Z^N ZW >>ZO ZW :ZP MY^D ;DD&^H WO^; @^M P 7Y G 6N Y^D ;D@^W O^, @^H ZI YG 6N Y^D ;D@ 6Z b]]dP d_da H f[ df d` Wdb f[ e__c f^ d K de ]ac fc _f M bX da c ab fR eU db `c_e fU dH f[ c_f @ < fb aa b P ^e fB @ B< >T
= RRI AARL RI ’RD ?JfB @BBfJ S M LU SRV I M J? LJ fM D ?f9 R D MJ8 URIf8 R) RL I LJ fL R IM RL J fL CU LJ ? ’I fA J 8 JR ILJ f8 JLfM DLD fM LU 0T
= 9JR fR RI AARL RI R SRfI LLI fA M Rf fD 00LR) IL D RRI fM D 9RI f8 JLfM JR LRA RM IL D fM D ?Rf8 RfR RM D ?D SM RM J? LD fI RfA R? RfS 9 D RLRV RfB @B <f6] c^d cP d_e f[ c_f ] da b fK aaZ ]5: :^] ][ T b `dT da : >T
= NYK P ^S Y K KYN Y^D ;D@^B YN ^O W ^N ZW >>ZO ZW :ZP MY^D ;DD^ ^W 6 P OZS P F
= IM  URS R’ RD ?JfJ fV J R RA RM If8 JLfL D )D f8 JLfM DLD fM LU 0fR? fS J8 Jf8 RfI AARL RI ’RD ?J:R RI AARL RI ’RD ?JT
? bWda H fZ ^d` dZ c_d
5

@FD ^B N P IYH ?NY^H Z^W >>ZO ZW :ZP MY
S] UE T & ^@ ^T X 9] E 5U] ^D ;D@^- ^, ;^R ] VV ] E 5U] ^D ; DDF
7 [QJ V + &^@ ^8 ]T T[X ^D ;DDF
I XRVX &^ D;;,; ;^- ^T ]QQ] ^E XJ[QV + ^T J L [ V] ^[ QQ- [ UVF@ # F

fe ] _Y ]df e We ` aY c_df [ d^ da adf [ df ] e U ^e ae ^dc fc Z Z_d cadf [ cdf M bTR eT
8 c_f B @BBff _e fL e ]]e ^e f] b `b fd` fS b ^X cab f[ dU da c _e TfM b_b ^b f K efZ ^e Se ^d] b `b f_c fL e ]] e ^c fd`
S b ^X cab f c^[ f[ eWb `b f^ d K de [ e^e fc _f Z ^b Z ^db fM TM Tf _c fX cae ^dc _dV Vc Vdb `ef[ e__c f] ae ]]c T
9 e^fX cU Udb ^df d` Sb ^X cVdb `df b `]Y _a c ^e f_C c ^aTf& TB Tf
L cf^ d K de ]ac f[ dfI SS d_dc Vdb `ef[ eWe fe ]]e ^e fd ` Wdc ac fc _fM bX da c ab fR eU db `c_e f[ df b X Zeae ` Vc
[ eP da c X e` ae f] b aab ] ^da ac f[ c_fL eU c_e fR cZ Z^e ]e ` ac ` ae f[ e__c fS bde aH fe f b X Z_e ac f[ e__c
] e U Ye` ae f[ bY X e` ac Vdb `e5
<> Iaab fM b]ada Y adW b :W e ^P c_e f[ df I ]]e X P_e cfM b]ada Y adW c Qf ^e U d] a^ c ab fZ ^e ]]b fI Ue` Vdc
[ e__e fJ `a^ c ae T
B> Sac aY ab f] b dc _e Qf^ e U d] a^ c ab fZ ^e ]]b fI Ue` Vdc f[ e__e fJ `a^ c ae T
-> Me^adS d cab f[ df c aa^ dP YVdb `ef[ e_f M b[ d efA d] c _e fS bde ac ^db T
4> Lb Ubf[ e_f M bab fM _Y P fd` fSb ^X cab f Z Uf6d` f c]b f[ df X c` c` Vc Qf ] df [ bW^H fZ ^e ]e ` ac ^e
Y `Cc Y ab [ d K dc ^c Vdb `e>T
5 > 8bX c` [ cf[ df I SS d_dc Vdb `ef b X Z_e ac fd` fb U`df ] Y cfZ c^ae Tf R_f X b[ Y_b f[ eWe fe ]] e ^e
^ d K de ]ab fc _f M bTR eTf[ df b X Zeae ` Vc fb f] c^d cab f[ c_f ] da b fS e [ e^c _e f6 ( ((TS e [ e^X bab Tda >T f
= ZT J U < <X ^B YI 5f d` [ d c ^_b f] e fU dH fd` fZ b]]e ]]b f[ e_f M bab fM _Y P 4f [ dW e ^] c X e` ae fd` ] e [ ef[ df I SS d_dc Vdb `efW e ^^H fS b ^` da c f; Ye__c fS e [ e^c _e f6 Z e^fX cU Udb ^df d` Sb ^X cVdb `df ] d ^dX c` [ cfc __C c ^aT4 >Tf O [^C ]L^ ^X 55Q8 [VX U[ ^] ^9 T LX Q[ T V] ^C ]U^Q[ ^=T [Q< <[ <X T] J ]QQ- [ == Q[ <X T]F &> Rd K de ]ac f[ df L e ]]e ^c X e` ab fZ e^fd_f 9 ^e ]d[ e` ae fe [ fc _X e` b f4 fM b`]dU _de ^dT
$ > MbZ dc f[ e_f M b[ d efA d] c_e f[ e_f 9 ^e ]d[ e` ae fe f[ edf b X Zb`e` adf [ e_f M b`]dU _d b f8 d^ e aadW b 4
”> Rd K de ]ac f[ dfc _X e` b fB 5fL e ]]e ^e 5fc __c fZ ^e ]e ` ac Vdb `ef[ e__c f[ bX c` [ cf[ dfI SS d_d c Vdb `e
c__c fA M Rf d_f M bab fM _Y P f[ eWe fc ; Yd] ac ^e fY `f; Yc` ada c adW b fZ c^df b f] Y Z e^db ^e fc fB 5
Le ]]e ^e fS e [ e^c _dT f9 e^fd_f ^ c U UdY `U dX e` ab f[ e_f ; Yc` ada c adW b fX d` dX bfZ ^e Wd] ab fZ b]]b `b
e]]e ^e fc ; Yd] ac ae f b `ae ]aY c_X e` ae f] dc f_e fL e ]]e ^e fM eX Pe^f] dc f_e fL e ]]e ^e fS Zb^a
6] b `b fe ] _Y ]e f_e fL e ]]e ^e fM d` dS Zb^a>T
6 b
ISS d_dc Vdb `e M bab fM _Y P
@F^W >>ZO ZW :ZP MY^G PSP ^I O? 6
@F@ ^I P KSZS ? :ZP MY^G PSP ^I O? 6
U`CI ]]b dc Vdb `ef K efd` ae ` [ cfZ ^e ]e ` ac ^e f[ bX c` [ cf[ df I SS d_dc Vdb `efc __c fA M Rf [ eWe
e ]]e ^e f b ]ada Y da c fd` fSb ^X cf[ df I ]]b dc Vdb `efb fS bde aH fS Zb^adW c f8 d_e aa c ` ad] ad cQf ` e_
^d] Z eaab f[ e__e fW dU e` adf [ d] Z b]dV db `df [ df _e U Uefe f] e b `[ bf_e fd` [ d cVdb `df [ eU _df S ac aY adf [ e_
M D ?Rfe f[ e__c fA M RTf
? e__c f[ e` b X d` cVdb `ef[ e__C I ]]b dc Vdb `e:S bde aH f[ eWe fe ]]e ^e fZ ^e ]e ` ae f_c f_b Y Vdb `e
M bab fM _Y P fe f_c f^ c U db `ef] b dc _e f6I ]]b dc Vdb `efb fS bde aH fS Zb^adW c f8 d_e aac ` ad] ad c>Tf
R` fW d^ a f[ e_f R eU b_c X e` ab fS Y b _e f[ df M bab d _d] X bf[ e__c fA M RQf _c f[ e` b X d` cVdb `ef[ e_
M bab fM _Y P f` b `fZ Y/ f b `ae ` e^e fdf ae ^X d` df S Y b _c :S K b b_: I c[ eX dc :I c[ eX *fe
] dX d_c ^dQ fd ` f; Yc` ab f_ C Y ad_dV Vb f[ dfa c _dfa e ^X d` df3 fZ ^e ^b UcadW c f[ e__e fS Y b _e f[ dfM bab d _d] X b
e^adS d cae f[ c__c fA e[ e^c Vdb `efe f[ eU _df b ^U c` dV Vc ab ^df [ df e We ` adf S b ^X cadW df a e ` d b 7] Z b^adW d
c Y ab ^dV Vc adf [ c__c fA e[ e^c Vdb `ef] ae ]]c Tf
L CI aab fM b]ada Y adW b fe f_b fS ac aY ab f[ eWb `b fe ]]e ^e f^e [ caadf d` f b `Sb ^X da H fc df Z ^d` dZ d
e` Y`dc adf ` e__b fS ac aY ab fA e[ e^c _e fe [ fc df ^e ; Yd] da df Sd] ]c adf [ c_f M D ?Rf Z e^f_C d] ^dV db `efc _
R eU d] a^ b f? cVdb `c_e f[ e__e fI ]]b dc Vdb `df e fS bde aH fS Zb^adW e f8 d_e aac ` ad] ad K eT
W VVX ^I XRVV A V9 X ^] ^K V[ VA VX ^J ]9X TX ^] RR] U] ^T 9[ V^ [ Q^ I XFN ]F^ J ^ L X E C]V] T <[ ^C ]U^Q[ 9 ] U= L [^J ^ L X T=X UE V + F^ J `a^ b f< @fU db ^` dQ f_ c fA M Rf^ d_c ] e^H fd _f` Y__c fb ]ac f[ df b `Sb ^X da H fb Qfd ` fc _a e ^` cadW c Qfd ` [ d K e^H _e f ^da d da H f[ cf^ d] b _W e ^e Tf N L ]9A VX ^Q^ T AQQ[ ^X RV[ ,^W VVX ^I XRVV A V9 X ^] ^K V[ VA VX ^J ]9X TX ^] RR] U] ^U ] 8 R VU [ V^ C U] RRX Q- W 8]T <[ ^J ]QQ] ^Y TVU [ V] ^Z e^fZ bdf e ]]e ^e f b `]e U `cadf b `f_c f[ bX c` [ cf[ df I SS d_dc Vdb `eTf % > [L-R E Q] ^J ^ W VVX ^I XRVV A V9 X ^] ^K V[ VA VX ^R X TX ^R L [UL [5 Q^ J [^= ] J ]UE XVX FV (F
I  b oto  C lu b  g ià  c o stit u it i  c h e s o no  in  p osse sso  d i  lo go a sso cia tiv o
,  o  e ve n tu alm en te
a n ch e c o lo ro  in  fa se  d i  c o stit u zio ne c h e h an no  g ià  e la b ora to  il  lo go,  d evo no  in via re
in sie m e a ll’ A tto  C ostit u tiv o  e  a llo  S ta tu to  a n ch e l’ im mag in e d el  lo go p er r ila sc io  d i
nulla  o sta  d i  c o nfo rm it à .

89
Mbab fM _Y P R dc SS d_dc Vdb `e
> Rd eWY ac f[ df W e ^] c X e` ab f[ e__c f; Yb ac f[ df I SS d_dc Vdb `efe fL e ]] e ^c X e` ab f6 ` e__e fX b[ c_da H
d` [ d cae fc __C c ^aT< &>T
O ]^J XE [T J ]^J ^ W == Q[ <X T]^J ]9X TX ^] RR] U] ^U ] J [VV] ^T ^E [T ] U[ ^Q] 8 85 Q] ^C ]U ]9V [ U] ^Q[ ^E [T L[V[ ^[ LL]VV[ <X T]^J ]QQ[ ^R V] RR[ ^J [^C [UV] ^J ]Q^ I XFN ]F R_f M bTR eTf ^e U d] a^ c f] Y _f ] d] ae X cfd` Sb ^X cadW b fSe [ e^c _e f_C I SS d_dc Vdb `ef[ e_f M bab fM _Y P fe [ fd_ L e ]]e ^c X e` ab f[ e_f 9 ^e ]d[ e` ae fe f[ edf b X Zb`e` adf d_f M b`]dU _db f8 d^ e aadW b fe f^ d_c ] dc 5 c> Iaae ]ac ab f[ df I SS d_dc Vdb `e4
P > Le ]]e ^e fA e[ e^c _d4
> Jad K eaae f[ cfc Z Z_d c^e f] Y __e fL e ]]e ^e fA e[ e^c _df d` fS b ^X cab f c^[ f6
>4
[ > MbX Y`d cVdb `ef[ df c aadW c Vdb `ef9 JM fS e [ e^c _e f6d` f c]b f[ df ^ d K de ]ac >4
e > Uae ` Vc fSe [ e^c _e f[ e_f M bab fM _Y P 5f W de ` efc aadW c ac fd` fc Y ab X cad b fe [ fd_f ] d] ae X cfd` Wdc fd
Z c^c X ea^ df [ df c e]]b f6Y ]e ^` cX efe fZ c]]( b^[ >f e ] _Y ]dW c X e` ae fc __C d` [ d^ dV Vb fe 7X cd_
[ e_f 9 ^e ]d[ e` ae fd` [ d cab f` e__c f[ bX c` [ cf[ df I SS d_dc Vdb `e4
=( ZS ^G XVX ^I QA 5 F
6
>f[ cfY ad_dV Vc ^e fZ e^f b _b ^b f K ef^ d K de [ b`b f_c fX cae ^dc _dV Vc Vdb `ef[ e__c fL e ]]e ^c Tf
U `cfW b _a c f b `Se ^X cac f_C c SS d_dc Vdb `eQf W e ^^H f^ d K de ]ab fc _f 9 ^e ]d[ e` ae f6R cZ Z^e ]e ` ac ` ae
L eU c_e >f [ e_f M bab fM _Y P f[ df b `Se ^X c^e f_c fZ ^b Z ^dc fe 7X cd_f e [ fd_f Z ^b Z ^db f` YX e^b f[ d
e__Y _c ^e fa ^ c X da e fc Z Zb]da c fZ ^b e[ Y^c f b `fD L9Tf
L ^c X da e f_c fZ ^b Z ^dc fY ae ` Vc fSe [ e^c _e fd_f M bab fM _Y P fZ ba^ H f] b aab ] ^dW e ^e fd_f b `a^ c aab f[ d
c[ e]db `efc _f ] e ^W dV db f! L e ]]e ^c X e` ab fb `_d` efc df M bab fM _Y P fc [ e^e ` ad Tf 9 e^fX cU Udb ^d
d` Sb ^X cVdb `df ] Y _f ] e ^W dV db f b `]Y _a c ^e f_C c ^aTf& T- T< T @F, ^N Y4 ZK SN P ^I P MZ^Y ^I YN SZ> ZI WS P ^H Z^N ZI P MP KI ZG YM SP ^W Z^> ZM Z^K B P NSZ7 Z
R_fR eU d] a^ b f[ e__e fI ]]b dc Vdb `dfe fS bde aH fS Zb^adW e f[ e_fM D ?Rf3 f_ b f] a^ Y X e` ab f K efd _fM b`]dU _db
? cVdb `c_e f[ e_f M D ?RfK cfd] ada Y da b fZ e^f b `Se ^X c^e f[ eSd` da dW c X e` ae f! d_f ^ d b `b ] dX e` ab fc df S d` d
]Z b^adW d fc __e fI ]]b dc Vdb `d: S bde aH fS Zb^adW e f8 d_e aac ` ad] ad K eQf U dH fc SS d_dc ae fc __e fA e[ e^c Vdb `d
S Zb^adW e f? cVdb `c_dQ fc __e f8 d] dZ _d` efS Zb^adW e fI ]]b dc ae fe [ fc U _dfJ `adf[ df9 ^b X bVdb `efS Zb^adW c
68 e_dP e^c fM b`df ` Tf< 5$4f[ e_f < "f_Y U _db fB @<$fc df ] e ` ]df [ e__C c ^aT5 f b X TB f_e aaTfM f[ e_f 8 TL U ]TfB 4B: >T8 cfU e` `cdb fB @BBfd_f L eU c_e fR cZ Z^e ]e ` ac ` ae f[ e_f M bab fM _Y P fc SS d_dc ab f[ eWe fc ^e [ da c ^] d
c _f Z b^ac _e f[ e_f R J) RS LR D f? I’RD ?ILJ f8 JLLJ fI SSD MRI ’RD ?RfJ fS D MRJ L fS 9 D RLRV J
8 RL J LLI ? LRS LRM #Jf6K aaZ ]5: :^] ][ T b `dT da : >T
R` f] e U Yda b fc __C c ^e [ da b Qf d_f L eU c_e fR cZ Z^e ]e ` ac ` ae f[ e__c fI S8 :S S8 f^ d eWe fW dc fe 7X cd_f d
Z c^c X ea^ df[ dfc e]]b fc _fZ ^b Z ^db fc b Y`af6 d_f` b X efY ae ` ae f b d` d[ ef b `fd _f b [ d efS d] c _e
[ e__C c ]]b dc Vdb `e>TfU `cfW b _a c fe SS e aaY cab f_C c e]] b QfZ Y/ f] ac X Zc^e fd_f M e^adS d cab fB @B Bf[ d
^d b `b ] dX e` ab fc dfS d` df] Z b^adW dT fS b_a c ` ab f_ e fI ]]b dc Vdb `d: S bde aH fd X ZeU `cae f` e_f] e aab ^e
] Z b^adW b f[ d_e aac ` ad] ad b Qfe f^ e U b_c ^X e` ae fd] ^da ae fc _f R eU d] a^ b QfZ b]]b `b fP e` eSd dc ^e f[ e__e
c U eWb _c Vdb `df Z ^e Wd] ae f[ c__c f_e U UeT

^C XRR5 Q] ^R L [UL [U] ^Q^ I ]UV= L [VX ^J ^ U L X TX RL E ]T VX ^[ ^ =T ^ R C XUV9 ^ =T X ^[ Q^ , @
J L ]E 5U] ^D ;DD^%T ^L [RX ^J ^ T ]L]RRV + ,^ R ^ C XRRX TX ^R L [UL [U] ^[ T L1 ]^ A]QQ ^ J ]8 Q
[ T T^ C U] L]J ]T V( F^ H XCX^ A]RV[ ^J [V[ ,^ T ^L [RX ^J ^ E [T L[ T <[ ^J ^ A T[^W == Q [ <X T] 9[ QJ [,^T X T^R [ U+ ^C XRR5 Q] ^R L [UL [U] ^[ QL A T^I ]UV= L [VX F DF^N ZW >>ZO ZW :ZP MY^G PSP ^I O? 6
ZM 7ZP ^ZM ^H Z4 ZS W OY ^S N WG ZS Y ^? SY M :W ^H YO^G PSP ^I O? 6^H YOOW ^H P G WM HW^H Z
NZW >>ZO ZW :ZP MY
8c_f B @BBf_e fL e ]]e ^e f] b `b fd` fS b ^X cab f[ dU da c _e TfM b_b ^b f K efZ ^e Se ^d] b `b f_c fL e ]]e ^c fd`
S b ^X cab f c^[ f[ eWb `b f^ d K de [ e^e fc _f Z ^b Z ^db fM TM Tf _c fX cae ^dc _dV Vc Vdb `ef[ e__ c f] ae ]] c T
9 e^fX cU Udb ^df d` Sb ^X cVdb `df b `]Y _a c ^e f_C c ^aTf& TB Tf
S ] UE T & J[Q^ @ ^T X 9] E 5U] ^D ; D@ ^[ Q^ , @^J L ] E 5U] ^D ; D@ F
B XRR5 QV + ^J ^ T 9X ^J ]QQ[ ^U L 1 ] RV[ ^J ^ N [ == Q[ <X T]^J [Q^ ; @^X VV X 5 U] ^D ;D @F I XRV& @;;,; ;^% J [^9 ] UR [ U] ^T ]QQ] ^E XJ [QV + ^T J L [V] ^[ QQ- [ UVF@ #( F fe ] _Y ]df e We ` aY c_df [ d^ da adf [ df ] e U ^e ae ^dc fc Z Z_d cadf [ cdf M bTR eT L^c ] b ^] df df a e ^X d` df ] c ^H f b `]d[ e^c ac f` Yb Wc fI SS d_dc Vdb `eQf b `f b `]e U Ye` ae fZ e^[ da c f[ d c` Vdc ` da H Qf[ d^ da adf ] Z b^adW df c ; Yd] da df e f[ d^ da ab f[ df W b ab fd` fb c ]db `ef[ df e _e Vdb `efS e [ e^c _dT 10 11 M bab fM _Y P R dc SS d_dc Vdb `e R_f MbX da c ab f ReU db `c_e Qf We ^dS d cac f _c f b ^^e aae VVc f [e__c f [bX c` [ cf ef [e__c [ bY X e` ac Vdb `efc __e U cac Qf b `Se ^X cf] Y _f ] d] ae X cfd` Sb ^X cadW b fS e [ e^c _e f_c fR dc SS d_ dc Vdb `e [ e_f M bab fM _Y P Qf d_f ae ]]e ^c X e` ab f[ e_f 9 ^e ]d[ e` ae fe f[ edf b X Zb`e` adf d_ f M b`]dU _db 8 d^ e aadW b Tf8 dW e ^] c X e` ae Qf^ d K de [ efc _f M bab fM _Y P f_e fX b[ dS d K ef[ cfe SS e aaY c^e TfR _f M bX da c ab R eU db `c_e Qfc fR dc SS d_dc Vdb `ef b X Z_e ac ac Qf^ d_c ] dc 5 c> Iaae ]ac ab f[ df I SS d_dc Vdb `e4
P > Le ]]e ^e fA e[ e^c _d4
> Jad K eaae f[ cfc Z Z_d c^e f] Y __e fL e ]]e ^e fA e[ e^c _df d` fS b ^X cab f c ^[ ff6
>4
J ( ZS ^G XVX ^I QA 5 F
6
>f[ cfY ad_dV Vc ^e fZ e^f b _b ^b f K ef^ d K de [ b`b f_c fX cae ^dc _dV Vc Vdb `ef[ e__c fL e ]]e ^c Tf
I _f ae ^X d` ef[ e__c f^e U d] a^ c Vdb `ef[ e__c fR dc SS d_ dc Vdb `eQf Wde ` ef^d b `Se ^X cac f_C Y ae ` Vc
Se [ e^c _e fU dH fd` fY ]b fc _f M bab fM _Y P Tf
R ` b _a ^ e Qf W e ^^H f^ d K de ]ab fc _f R cZ Z ^e ]e ` ac ` ae fL eU c_e f[ e_f M bab fM _Y P f[ df b `Se ^X c^e f_c
Z ^b Z ^dc fe 7X cd_ fe [ fd _ fZ ^b Z ^db f` YX e^b f[ df e__Y _c ^e fa ^ c X da e fc Z Zb]da c fZ ^b e[ Y^c f b `fD L9T
L ^c X da e f_c fZ ^b Z ^dc fY ae ` Vc fSe [ e^c _e fd_f M bab fM _Y P fZ ba^ H f] b aab ] ^dW e ^e fd_f b `a^ c aa b f[ d
c[ e]db `efc _f ] e ^W dV db f! L e ]]e ^c X e` ab fb `_d` efc df M bab fM _Y P fc [ e^e ` ad Tf 9 e^fX cU Udb ^d
d` Sb ^X cVdb `df ] Y _f ] e ^W dV db f b `]Y _a c ^e f_C c ^aTf& T- T< T DFD ^7 W N ZW :ZP MY^H YZ^H WS Z^K SW S ? SW N Z^H YO^G PSP ^I O? 6 R_fM bab fM _Y P f[ eWe f b X Y`d c^e fc _fM bTR eTfa e ^^da b ^dc _X e` ae f b X Zeae ` ae fb U`dfW c ^dc Vdb `ef[ ed [ cadf ] ac aY ac ^dQ f [ e_dP e^c ac f b `f] Z edS d b fW e ^P c_e f[ df I ]]e X P_e cTf L c _e fW e ^P c_e f[ eWe fe ]]e ^e a ^ c ]X e]]b fc _f M bTR eTf e ` a^ b fe f` b `fb _a ^ e fB @fU db ^` df [ c__ c f^ dY `db `efc ]]e X P_e c^e Tf R_f M bTR eT a^ c ]X eaae fd_f W e ^P c_e f[ df I ]]e X P_e cfc __c fA M Rf K eQf Z ^e Wdc fW e ^dS d cf[ df b `Sb ^X da H Qf ^ d_c ] dc fd_ ` Y__c fb ]ac fZ e^fc Z Zb^ac ^e f_ e fb Z Zb^aY `efX b[ dS d K ef` edfZ ^b U ^c X Xdfd ` Sb ^X cad dfS e [ e^c _dfe fZ e^ b `]e ` ad^ e fc _f M bab fM _Y P f[ df Z ^b e[ e^e fc __c f^e U d] a^ c Vdb `ef[ e__e fW c ^dc Vdb `df ] ac aY ac ^de c __C I Ue` Vdc f[ e__e fJ `a^ c ae TfR _f e^adS d c ab f^ d_ c ] dc ab f[ c__C I Ue` Vdc f[ e__e fJ `a^ c ae Qfc f] e U Yda b f[ e__c ^ e U d] a^ c Vdb `ef[ df W c ^dc Vdb `ef] ac aY ac ^dc Qf[ eWe fe ]]e ^e fd` Wdc ab f[ c_f M bab fM _Y P fc 5 = ^e U d] a^ b  b `dT da 4 = MbTR eTf[ df b X Zeae ` Vc 4 = SX d^ e U d] a^ b b `d Se [ e^X bab Tda T D F@ BN P IYH ?NY^H Z^N ZW >>ZO ZW :ZP MY
16+ 47. 67 - 4 0” 4 15 72 76/ ”64 15 704 71 6,  65 -34 7. 67 64 %% 6064 ’62 / 574 07 & 2+ 63 4 32 7 5* 62 / 405
3 1 4 + 63 5 70 4 7( 12 ( 164 7) 35 / ’4 7% 5 . 514 05 #7 7/ 5,5 --4 162 7” 5 16% 6, 4 15 7,  570 4 7. 5/ 2+ 6/ 4’62 / 5
-2 ,64 05 #7 607 , 2 . 6, 5 7%6- , 4 05 75 2 7( 41363 4 7
 #7 04 7- 5 . 5705 * 405 75 . 7607 4( (15 -5 / 34 / 35

5* 405 7- 64 / 27, 2 115 336$ 7  ) 3367  )5-367 . 4367 . 5”2 / 27, 2 6/ ,6. 515 73 1 4 7 ! #7 5* 6- 31 2 7 $
. 507&  75 7 *5/ ’64 7. 5005 7 /31 4 35 $7 / 7, 4 -2 7. 67. 6% % 2 1+ 63  7. 67) /272 7( 6 7. 67 )5-367. 436#
2 76 / 7, 4 -2 7. 67+ 2. 6% 6, 4 7. 5* 067- 35 --6# 7- 671 6+ 4/ .474 00 4 13$7 $ 7( 517+ 4* *62 1676 / %2 1+ 4’62 / 6
607 ! 232 7& 0) 7. 5”5 7, 2 / 34 334 15 7607 & 2+ 63 4 32 7 5* 62 / 405 7. 67 4 ( (4135 / 5/ ’4 $
R_f M TM Tf` e__c fZ ^b Z ^dc fY ae ` Vc fS e [ e^c _e f6 ] e Vdb `efI SS d_dc Vdb `e7R d K de ]ac fR dc SS d_d c Vdb `e>fa ^ b We ^H 5
c > Mb[ Y_b fZ ^e b X Zd_c ab f b `fdf [ cadf [ e_f M bab fM _Y P 4
P> Mb[ Y_b fZ ^e b X Zd_c ab fZ e^f_c f^ d K de ]ac f[ df c _X e` b fB 5fL e ]]e ^e 5f c __c fZ ^e ]e ` ac Vdb `e
[ e__c f[ bX c` [ cf[ df R dc SS d_dc Vdb `efc __c fA M Rf d_f M bab fM _Y P f[ eWe fc ; Yd] ac ^e fY `
; Yc` ada c adW b fZ c^df b f] Y Z e^db ^e fc fB 5fL e ]]e ^e fSe [ e^c _dT f 9 e^fd_f ^ c U UdY `U dX e` ab f[ e_
; Yc` ada c adW b fX d` dX bfZ ^e Wd] ab fZ b]]b `b fe ]]e ^e fc ; Yd] ac ae f b `ae ]aY c_X e` ae f] dc f_e
L e ]]e ^e fM eX Pe^f] dc f_e fL e ]]e ^e fS Zb^af6] b `b fe ] _Y ]e f_e fL e ]]e ^e fM d` dS Zb^a>4
> Mb[ Y_b fZ ^e b X Zd_c ab fZ e^f_c f^ d K de ]ac f[ df a e ]]e ^c X e` ab f[ e_f M b`]dU _db f8 d^ e aadW b 4f
[ > SeVdb `efZ e^f_C d` ]e ^dX e` ab f[ edf [ bY X e` adf ` ee]]c ^df Z e^f_c fR dc SS d_dc Vdb `e5
= Me^adS d cab f[ df c aa^ dP YVdb `ef[ e_f b [ d efS d] c_e f] b de ac ^db 4
= Me^adS d cab fM D ?Rf[ df ^ d b `b ] dX e` ab fc df S d` df ] Z b^adW df B @B<4 = Mb[ Y_df ^d K de ]ac f ae ]]e ^c X e` ab f [edf b X Zb`e` adf d_f Mb`]dU _db f 8d^ e aadW b 6S c b _a c adW d> Qf[ cfd` ]e ^d^ e fb P P_dU cab ^dc X e` ae fd` f c]b f[ df ^ d K de ]ac f[ df L e ]]e ^c fS Zb^a4
= Mb[ d df S d] c_df [ edf b X Zb`e` adf d_f M b`]dU _db f8 d^ e aadW b 4
= Lb Ubf[ e_f M bab fM _Y P fd` fS b ^X cab f Z Uf6d` f c]b f[ df X c` c` Vc Qf ] df [ bW^H fd` ]e ^d^ e fd_
S _c U f! 8 d K dc ^b f[ df ` b `fe ]]e ^e fd` fZ b]]e ]]b f[ df _b Ubfc ]]b dc adW b >4
= Rd eWY ac f[ df W e ^] c X e` ab f[ e__c f; Yb ac f[ df I SS d_dc Vdb `efe fL e ]]e ^c X e` ab f6` e__e
X b[ c_da H fd` [ d cae fc __C c ^aT< &>T
Z ^J XLA E ]T V^ T ^X U8 T [Q] ^J ]9X TX ^] RR] U] ^L X TR] U9 [ V^ J [Q^ B U] RJ ]T V] ^J ]Q^ G XVX ^I QA 5 F^
R_fM bab fM _Y P Qf[ bZ bfc We ^fW e ^dS d cab fe [ fe We ` aY c_X e` ae fc U Udb ^` cab fd f cX ZdQ f[ eWe fd ` b _a ^ c ^e
c _f M bX da c ab fR eU db `c_e f_c f^ d K de ]ac f[ df R dc SS d_dc Vdb `ef6 _d c` [ bf] Y f! R` Wdc f^ d K de ]ac >T

12 13
M bab fM _Y P
LefW c ^dc Vdb `df [ edf [ cadf ] ac aY ac ^df Z b]]b `b fd` ae ^e ]]c ^e 5
c> VI R RI ’RD ?J:R? LJ ) RI’RD ?JfM IR RM #Jf8 RR JLLRV J
LCe _e Vdb `ef[ e__e f c^d K ef[ d^ e aadW e f[ e_f M bab fM _Y P f69 ^e ]d[ e` ae fe fM b`]dU _de ^d> f 3
Z ^e ^b UcadW c f[ e__C I ]]e X P_e cf[ edf S bdf [ e_f M bab fM _Y P TfL Cc SS d[ cX e` ab f[ e__e f c^d K ef[ d
V d ef9 ^e ]d[ e` ae fe fS eU ^e ac ^db f3 fZ ^e ^b UcadW c f[ e_f M b`]dU _db f8 d^ e aadW b T
P > LR ISAJ R RM J? LD fS J8 JfM DLD fM LU 0
R_f a^ c ]Se ^dX e` ab f[ df ] e [ ef[ e_f M bab fM _Y P fd` fc _a ^ c fR eU db `eQf 9 ^b Wd` dc fe :b fM bX Y`ef3
Z ^e ^b UcadW c f[ e__C I ]]e X P_e cf[ edf S bdf [ e_f M bab fM _Y P fe f` b `fZ Y/ fe ]]e ^e f^ d K de ]ab
Z ^dX cf[ df < BfX e]df [ df I SS d_dc Vdb `eTf R_f a ^ c ]Se ^dX e` ab f[ df ] e [ efd` fc _a ^ c fR eU db `ef b X Zb^ac _c fZ e^[ da c f[ e__C c ` Vdc ` da H fe Qf[ df b `]e U Ye` Vc Qf[ edf [ d^ da adf ] Z b^adW df c ; Yd] da dT > MD8RA RM If8 Rf8 J? D M R? I’RD ?JfM DLD fM LU 0
LcfX b[ dS d cf[ e__c f[ e` b X d` cVdb `ef3 fZ ^e ^b UcadW c f[ e__C I ]]e X P_e cf[ edf S bdf [ e_f M bab
M _Y P fe f` b `fZ Y/ fe ]]e ^e f^d K de ]ac fZ ^dX cf[ df < BfX e]df [ df I SS d_dc Vdb `eTf 9 e^f W c ^dc ^e f_c [ e` b X d` cVdb `ef] b dc _e Qf d_f M bab fM _Y P f[ bW^H fZ ^e ]e ` ac ^e fc __c fA M Rf d_f W e ^P c_e f[ d I ]]e X P_e cf[ edf S bdf e f_c f b Z dc f[ e_f W e ^] c X e` ab f[ df % <@@Q@ @fe SS e aaY cab f` e__e fX b[ c_da H d` [ d cae fc __C c ^aT< &T [ > I) )RD R? IM J? LD :fS D SLRL U ’RD ?JfS LI L U LD
LCc U Udb ^` cX e` ab fb f_c f] b ]ada Y Vdb `ef[ e__b fS ac aY ab f3 fZ ^e ^b UcadW c f[ e__C I ]]e X P_e cf[ ed
S bdf [ e_f M bab fM _Y P T
R` f c]b f[ df ] b ]ada Y Vdb `ef[ e__b f] ac aY ab fZ e^f c [ eU YcX e` ab fc f^e ; Yd] da df c ` K ef[ df c _a ^ e
A e[ e^c Vdb `df S Zb^adW e f? cVdb `c_df b fc [ fY `fJ `ae f[ df 9 ^b X bVdb `efS Zb^adW c fc f Y df _c fI S8 :S S8
]df ] ac fc SS d_dc ` [ bQf3 f` ee]]c ^db f^ d eWe ^e f_C c Z Z^b Wc Vdb `ef[ e__b f] ae ]]b fc ` K ef[ c__c fA M RT
I l  v e rb ale  d i  A sse m ble a r e la tiv o  a i  p unti  c )  e  d ),  e  d ove  in d ic ato  n ello  s ta tu to  d el  b .C
a n ch e p er il  p unto  b ), d eve  e sse re  c o m ple to  d i  c o p ia  d el  n uo vo  S ta tu to .
DF, ^N Y4 ZK SN P ^I P MZ^Y ^I YN SZ> ZI WS P ^H Z^N ZI P MP KI ZG YM SP ^W Z^> ZM Z^K B P NSZ7 Z
8 cfU e` `cdb fB @BBfd_f M bab fM _Y P f^ dc SS d_dc ab f[ eWe fc e[ e^e fc _f Z b^ac _e fR eU d] a^ b fB T@ f[ e_
M D ?Rf 6K aaZ ]5: :^] ][ T b `dT da : >f e Qf [ c_f Z ^b Z ^db fc b Y`aQf ] ac X Zc^e fd_f M e^adS d cab fM D ?Rf [ d
^d b `b ] dX e` ab fc df S d` df ] Z b^adW df B @BBT

^C XRR5 Q] ^R L [UL [U] ^Q^ I ]UV= L [VX ^J ^ U L X TX RL E ]T VX ^[ ^ = T ^ R C XUV9 ^ = T X ^[ Q^ , @
J L ]E 5U] ^D ;DD^% T ^L [RX ^J ^ T ]L ]RR V + ,^R ^ C X RR X TX ^R L [UL [ U] ^[ T L1 ]^ A]QQ^ J ]8 Q
[ T T^ C U] L]J ]T V( F^ H XCX^ A]RV[ ^J [V[ ,^ T ^L [ RX ^J ^ E [T L[T <[ ^J ^ A T [^W == Q[ <X T] 9[ QJ [,^T X T^R [ U+ ^C XRR5 Q] ^R L [ UL [ U] ^[ QL A T ^I ]UV= L [VX F ,F^O P 4P ^G PSP ^I O? 6 R_f M bab fM _Y P fd` f] e [ ef[ df I SS d_dc Vdb `efb fR dc SS d_dc Vdb `efZ Y/ fd` Wdc ^e Qf ] e f` ef3 fd` fZ b]]e ]]b fe [ d` ]de X efc U _df c _a ^ df [ bY X e` adf ^ d K de ]adQ fc ` K efd_f _b Ubf[ e__C I ]]b dc Vdb `e:S bde aH Tf R _f _b UbfW de ` efW e ^dS d cab f[ cU _df U SS d df A e[ e^c _df b X Zeae ` adf e Qf Y `cfW b _a c f^ d eWY ab fd_f ` Y__c b ]ac QfW de ` ef^ dZ b^ac ab f] Y _f ] da b fS e [ e^c _e Tf  Yc_b ^c fd_f _b UbfW e ` U cfZ ^e ]e ` ac ab f] Y e]]dW c X e` ae fc __C c SS d_dc Vdb `e:^dc SS d_dc Vdb `eQ _C dX XcU d` ef[ bW^H fe ]]e ^e fd` Wdc ac fc _f M bX da c ab fR eU db `c_e f b X Zeae ` ae fZ e^fd_ f ^ d_c ] db [ e_f ` Y__c fb ]ac f[ df b `Sb ^X da H Tf R` We eQf Z e^f; Yc` ab f^ dU Yc^[ cf_C Y ad_dV Vb f[ e_f _b U bfA M Rf d` fc P Pd` cX e` ab fc [ fc _a ^ df X c^ K dQ ] df ^ dX c` [ cfc _f ! M c` Yc_e f[ e_f _b U bfA M R fZ YP P _d c ab f] Y _f ] da b fS e [ e^c _e T M F6 F&^ Q^ QX 8X^J ]9] ^] RR] U] ^T 9[ VX ^] RL QA R9 [ E ]T V] ^T ^=X UE [VX ^C 8^%J E ]T RX T^ C [U^ X R A C ]UX U^ [ ^ ;;^C  ] Q^ J ^ Q[ U8 1]<<[ ^] ^, ; ^C  ] Q^ J ^ [ QV ] << [ (F F^B YI ^> Y H YN WOY
WS SZ7 W :ZP MY^B YI ^> Y H YN WOY
I df ` Yb Wdf M bab fM _Y P fc SS d_dc adQ f K ef^ d K de [ b`b f_c f c ]e __ c f[ df Z b]ac fe _e aa^ b `d cf e^adS d c ac
Se [ e^c _e QfW e ^^H fc ]]e U `cab f[ CY SS d db fY `fd` [ d^ dV Vb fc _f X bX e` ab f[ e__C c SS d_dc Vdb `eTf
L efd` [ d cVdb `df Z e^f _C c aadW c Vdb `efW e ^^c ` `b f b X Y`d cae fa^ c X da e fY `cfe 7X cd_f b ^[ d` c^dc
d` Wdc ac fc U _df d` [ d^ dV Vdf [ e_f M bab fM _Y P fe f[ e_f 9 ^e ]d[ e` ae Tf
S c^H f^ d K de ]ac fY `cf b `Se ^X cf[ dfc aa dW c Vdb `efa ^ c X da e f_ c f] ae ]]c f9 ef[ cfd ` Wdc ^e fc __C d` [ d^ dV Vb
d` Sb ^X cad c ZeTS e [ e^X bab Tda T
R dc SS d_dc Vdb `e

15
M bab fM _Y P
B W KKW 4 4ZP ^H W^B YI ^> Y H YN WOY ^W ^B YI ^B YN KP MWOY
? e_f c]b fd` f Y df d_f M bab fM _Y P f[ ed[ e]]e f[ df ^ d` Y`dc ^e f] Y e]]dW c X e` ae Qf b f` e_f b ^] b
[ eU _df c ` `df c WWe ` d^ e Qf c __c f9 efSe [ e^c _e Qf [ eWe fSc ^` ef^d K de ]ac f] ^da ac fc _f M bX da c ab
R eU db `c_e f[ df Z e^ad` e` Vc Qf K efZ ^b WWe [ e^H fc f b X Y`d c^_b fc __C U SS d db fA e[ e^c _e fZ ^e Z b]ab T
LCU SS d db Qf Z ^dX cf[ df e _dX d` c^e f_c f] Y [ [eaac f c]e __c f[ df Z b]ac f e^adS d cac Qf b X Y`d K e^H fc _
M bab fM _Y P f[ df e ]e U Yd^ e fd_f ] c _W c ac U Udb f[ edf X e]]c U Udf b `ae ` Yadf ` e__c f] ae ]]c Qf d` f; Yc` ab
I ^Y P c9 eQfU e]ab ^e f[ e__e f9 efS e [ e^c _dQ f b `]e ^W e ^H f] b _c X e` ae f_c fa ^ c dc f[ edf [ bY X e` ad
Z e^f- @fX e]df e f_c fA M Rf` b `f] c ^H f^ e ]Z b`]c P d_e f[ e__c fZ e^[ da c f[ edf [ cadT f
9 e^fe ]e U Yd^ e fd_f ] c _W c ac U Udb f[ edf X e]]c U Udf b `ae ` Yadf ` e__c fZ efSe [ e^c _e Qf ] df Z Y/ fSc ^
^dS e ^dX e` ab fc __e fU Yd[ ef[ df I ^Y P c9 ef6K aaZ 5: :U Yd[ eTZ eTda : K b X eTc ]Z >
B W KKW 4 4ZP ^H W^B YI ^B YN KP MWOY ^W ^B YI ^> Y H YN WOY
 Yc_b ^c f d_f M bab fM _Y P f[ ed[ e]]e f [ df Z ^e Se ^d^ e f _c f Z ef Se [ e^c _e f cf ; Ye__c f ]b de ac ^dc
Z ^e e[ e` ae X e` ae f b X Y`d cac Qfd_f R cZ Z^e ]e ` ac ` ae fL eU c_e f[ eWe fS c ^` ef^ d K de ]ac fc _f M bX da c ab
R eU db `c_e f[ df Z e^ad` e` Vc Qf K efZ ^b WWe [ e^H fc f b X Y`d c^_b fc __C U SS d db fA e[ e^c _e fZ ^e Z b]ab T
L efd` [ d cVdb `df Z e^f_C c aadW c Vdb `efW e ^^c ` `b f b X Y`d cae fa^ c X da e fY `cfe 7X cd_f b ^[ d` c^dc
d` Wdc ac fc U _df d` [ d^ dV Vdf [ e_f M bab fM _Y P fe f[ e_f 9 ^e ]d[ e` ae Tf
S c^H f^d K de ]ac fY `cf b `Se ^X cf[ df c aadW c Vdb `efa^ c X da e f_c f]ae ]]c f9 eQf [ cfd` Wdc ^e
c __C d` [ d^ dV Vb fd` Sb ^X cad c ZeTS e [ e^X bab Tda
K ^ U L X UJ [^L 1 ],^ T ^L [RX ^J ^ L [E 5X ^J ]Q^ B U] RJ ]T V] ^X ^E XJ= L [^J ]QQ] ^L [R] QQ] ^J
C XRV[ ^ XUJ T [U[ ,^ ^ T]L]RR[ UX ^ V] T ]U] ^ [8 8X UT [VX ^ Q- T J U < <X ^ ]-E [Q^ J U= ] UE ]T VX ^C ]U^Q^ U ] LA C ]UX ^J ]QQ] ^L U] J ]T <[ Q^ J ^ [ LL]RRX ^[ QQ[ ^L [R] QQ[ ^J ^ C XRV[ ] Q] VVU X TL [^L ]UV= L [V[ F^K ^C U] LR [ ^L 1 ]^C ]U^ Q^U ] LA C ]UX ^J ]QQ[ ^C [RR" XUJ ^5 R X 8T[ T R] UU ] ^Q[ ^C [UVV [ ^Z 7 W ^J ]QQ[ ^> G Z^% ; @,,, @;;,(F
$ F^W 4 Y7P OW :ZP MZ^> ZK I WOZ^B YN ^G PSP ^I O? 6^
9e^fY ]Y S^ Y d^ e f[ e__e fc U eWb _c Vdb `df S d] c_df d_f M bab fM _Y P f[ bW^H fZ ^b e[ e^e fc __c f^ e [ cVdb `e
[ dfY `b fS ac aY ab f b `Sb ^X efc __e f[ d] Z b]dV db `df[ df Y dfc U _dfc ^aaTf& Qf$ fe [ f” f[ e_f8 T_U ]Tf- &:B @B< 6d` fW dU b^e fc f[ eb ^^e ^e f[ c_f < fU e` `cdb fB @BB>Qf c SS d_dc ^] df c __c fA M RQf e fW e ^dS d c^e f_c fZ ^b Z ^dc
^ e U b_c ^e fd] ^dV db `efZ ^e ]]b fd_f R eU d] a^ b f? cVdb `c_e f[ e__e fI ]]b dc Vdb `df e fS bde aH fS Zb^adW e
8 d_e aac ` ad] ad K ef[ e_f M D ?RTfL ef] e U Ye` adf _c Y ]b _e f[ eWb `b fe ]]e ^e fb P P _dU cab ^dc X e` ae f^e eZ da e f` e__b fS ac aY ab f[ e_
M bab fM _Y P 5
= _c f[ e` b X d` cVdb `ef[ bW^H f b `ae ` e^e f_c f_b Y Vdb `e5f !M bab fM _Y P fI ]]b dc Vdb `e
S Zb^adW c f8 d_e aac ` ad] ad c f6b fc _a ^ c fR cU db `efS bdc _e fe ]5fS T^T _T >4
= _b f] b Z bf] b dc _e f[ bW^H fSc ^e f^ dS e ^dX e` ab fc __C e ]e ^ dV db fd` fW dc f] ac P d_e fe fZ ^d` dZ c_e
[ e__C b ^U c` dV Vc Vdb `efe fU e]adb `ef[ df c aadW da H f] Z b^adW e f[ d_e aac ` ad] ad K eQf b X Z^e ]c f_c
S b ^X cVdb `eQf _c f[ d[ caad cQf _c fZ ^e Z c^c Vdb `efe f_C c ]]d] ae ` Vc fc __C c aadW da H f] Z b^adW c
[ d_e aac ` ad] ad cfd` [ dW d[ Ycae fa^ c f; Ye__ e f^d b `b ] dY ae f[ c_f M D ?Rf ` e__ C c X Pda b f[ e_
X bab d _d] X bf6J `[ Y^b Qf M bab ^b ]]Qf M bab ^c __* Qf M bab ]_da ae Qf  Yc[ Qf S Zee [ ( c*Q
S YZ e^X bab QfL ^dc _Q fV e _b da H QfM bab aY ^d] X bQfM bab f[ Ce Z bc>TfL efI S8 fe fS S8 fZ ba^ c ` `b
e]e ^ da c ^e fc aadW da H f[ dW e ^] e f[ cf; Ye__e f] b Z ^c X e` Vdb `cae fc f b `[ dV db `ef K ef_C c aa b
b ]ada Y adW b fb f_b fS ac aY ab f_b f b `]e ` ac ` b fe f K efc P Pdc ` b f c^c aae ^e f] e b `[ c^db fe
] a^ Y X e` ac _e f^d] Z eaa b fc __e fc aa dW da H fd] ada Y Vdb `c_dT f U `f8 e^e ab f[ e_f 9 ^e ]d[ e` ae f[ e_
M b`]dU _db f[ edf M d` d] a^ df b f[ e__C I Yab ^da H f[ e_e U cac fd` fX cae ^dc f[ df S Zb^af[ eSd` d^ H fdf ^da e ^d
e [ fdf _dX da df Z e^f_C c aadW da H f] e b `[ c^dc fe f] a^ Y X e` ac _e 4
= _C c aa^ dP YVdb `ef[ e__c f^ c Z Z^e ]e ` ac ` Vc f_e U c_e 4
= _C c ]]e ` Vc f[ df Sd` df [ df _Y ^b fe f_c fZ ^e Wd] db `ef[ e_f [ dW de ab f[ e__ c f[ d] a^ dP YVdb `eQf c ` K e
d` [ d^ e aac Qf[ df Y ad_df e [ fc Wc ` Vdf [ df U e]adb `eQfS b `[ df e f^ d] e ^W e f b X Y`; Yeff [ e` b X d` cadQ fc
] b df b fc ]]b dc adQ f _c Wb ^c ab ^df e ff b __c P b^c ab ^dQ f c X Xd` d] a^ c ab ^df e [ fc _a ^ df b X Zb`e` ad
[ eU _df b ^U c` df ] b dc _dQ f c ` K eff` e_f f c ]b ff [ df f ^ e e]]b ff b ff[ df ; Yc_] dc ]df c _a ^ c fdZ bae ]df [ d
] db U_dX e` ab fd ` [ dW d[ Yc_e f[ e_f^ c Z Zb^ab Qf] c _W b f; Yc` ab fZ ^e Wd] ab f[ c__C c ^aTf” f[ e_f8 T_U ]T
- &:B @B<fd` fX cae ^dc f[ df Z c^V dc _e f[ d] a^ dP YVdb `ef[ eU _df Y ad_df e f[ df ^ dX Pb^] b f[ e__c f; Yb ac [ df cZ da c _e fW e ^] c ac 4 = _e f `b ^X ef ]Y __C b ^[ d` cX e` ab f d` ae ^` b f d] Z d^ c ab f cf Z^d` dZ df [df [eX b^c Vdc f ef [d YU YcU _dc ` Vc f[ edf [ d^ da adf [ df aY aa df U _d f c ]]b dc adQ f b `f_c fZ ^e Wd] db `ef[ e__C e _e aadW da H f[ e__ e c^d K ef] b dc _dQ f Sc aae f] c _W e f_e fS bde aH fS Zb^adW e f8 d_e aac ` ad] ad K ef K efc ]] Y X b`b f_c S b ^X cf[ df ] b de aH f[ df cZ da c _df b f[ df Z e^] b `efb f b bZ e^c adW e fZ e^f_e f; Yc_df ] df c Z Z_d c` b f_e [ d] Z b]dV db `df [ e_f _dP ^b fV QfL da b _b fV f[ e_f b [ d e f dW d_e TfR _f Z ^d` dZ db f[ df [ eX b^c ad da H f` b ` 3f^ d K de ]ab fZ e^fdf M bab fM _Y P f b ]ada Y da df d` fS b ^X cf[ df ] b de aH f[ df cZ da c _df b f[ df Z e^] b `e4 = _C b P P_dU bf[ df ^ e [ cVdb `ef[ edf ^ e ` [ d b `adf e b `b X d b 7 ` c` Vdc ^dQ f ` b `K f_c fX b[ c_da H [ df c Z Z^b Wc Vdb `ef[ eU _df ] ae ]]df [ cfZ c^ae f[ eU _df b ^U c` df ] ac aY ac ^d4 = _c fX b[ c_da H f[ df ] db U_dX e` ab f[ e__C I ]]b dc Vdb `efe f[ e__c fS bde aH 4 R dc SS d_dc Vdb `e 14 1b M bab fM _Y P = _C b P P_dU bf[ df [ eWb _Y Vdb `efc df Sd` df ] Z b^adW df [ e_f Z ca^ dX b`db fd` f c ]b f[ df ] db U_dX e` ab [ e__e fS bde aH fe f[ e__e fI ]]b dc Vdb `d4 = _C c eaac Vdb `efe ]Z ^e ]]c f[ e__e f? b^X efe f[ e__e f[ ed] db `df [ e_f M D ?Rfe f[ e__c fA M RT L efc U eWb _c Vdb `df  ] c_df [ df Y df Z ba^ H fY ]Y S^ Y d^ e fd_f M bab fM _Y P f] b `b f[ df ] e U Yda b f^ dc ]]Y `ae 5 = [e] c_dV Vc Vdb `ef[ edf b ^^d] Z eaadW df ] Z ed df c aad` e` adf c __e f ` c_da H fd] ada Y Vdb `c_d W e ^] c adf [ cf] b df b fL e ]]e ^c adf A M Rf c fS^ b `ae f[ df ] e ^W dV df ^e ]df 6c [ fe ]e X Zdb f; Yb ac f[ d d] ^dV db `efc [ fY `fX bab ^c [ Y`b >f ` e_f c]b fd` f Y df _b fS ac aY ab f] dc f b `Sb ^X efc f; Ye__b
a dZ bfZ YP P_d cab f] Y _f ] da b fSe [ e^c _e fb f b X Y`; Yef b `ae ` U cf; Ye__df d` [ d cadf [ c__C c ^aT
< 4"Qf b X Xcf" f[ e_f L U RR 4 = _e U Uef- ": <f6 ] e X Z_d cVdb `df b `ac P d_df e f[ eae ^X d` cVdb `efS b ^Se aac ^dc f[ e__e fdX Zb]ae ] Y df ^ e [ [da df e f[ e__C RV I f[ cfW e ^] c ^e >4
= cU eWb _c Vdb `df ] c_dQ f Z ^e Wd[ e` Vdc _df ef c]]d Y ^c adW e f `edf b `S^ b `adf [ edf b X Ze` ]d
b ^^d] Z b]adf ] dc fc df ] b UUeaadf K ef] Wb _U b`b fe ]e ^ dV db f[ d^ e aab f[ df c aadW da H f] Z b^adW e
[ d_e aac ` ad] ad K eQf ] dc fc df b __c P b^c ab ^df [ df M bab fM _Y P f b `fSY `Vdb `df c X Xd` d] a^ c adW b 7
Ue]adb `c_df [ df ` caY ^c f` b `fZ ^b Se ]]db `c_e Tf S df ^ d b ^[ cf K ef_c fSc ] dc fe ]e ` ae f[ cf^ da e ` Yae
Sd] c_df ] Y df b X Ze` ]df Z e^fZ ^e ]ac Vdb `ef] Z b^adW c f[ d_e aac ` ad] ad cf3 fZ c^df c f% <@T@ @@Q@ @ 6[ de dX d_c >4f] df e Wd[ e` Vdc f K ef_e f[ d] Z b]dV db `df d` fX cae ^dc f[ df ! _c Wb ^b f] Z b^adW b f b `ae ` Yae
` e_f 8 T_U ]Tf- &:B @B<fe ` a^ e ^c ` `b fd` fW dU b^e fc f[ eb ^^e ^e f[ c_f - <f[ d eX P^e fB @B-4 = Z^e ]Y `Vdb `ef[ df ] Z e]c fZ YP P_d da c ^dc f[ edf b ^^d] Z eaadW df Z e^f] Z b`]b ^dV Vc Vdb `df  ` b fc % B@@T@ @@Q@ @f6 db 3f e^ae VVc f K ef_e fc Vde ` [ ef] Z b`]b ^fZ b]]c ` b f[ e[ Y^^e fd` ae U ^c _X e` ae b X ef] Z e]c f_C d` We ]adX e` ab fZ ^b X bfZ YP P_d da c ^db fS c aab f[ c_f Z ^b Z ^db f^ e [ [da b >4
= e] _Y ]db `ef[ cfdX Zb]ac f] Y __c fZ YP P_d da H f[ e__c f c^ae __b `d] ad cf b __b cac fc __C d` ae ^` b
[ df dX Zdc ` adQ f b `f cZ de ` Vc f e^adS d cac f` b `f] Y Z e^db ^e fc f- T@ @@fZ b]ad4
= e] _Y ]db `ef[ c__C c Z Z_d cVdb `ef[ e__c f` b ^X cf] Y __c fZ e^[ da c f[ e__c f` caY ^c f[ df e ` ae f` b `
b X Xe^ dc _e Qf b ]]dc f] b _b fZ e^f _e fI TS T8 Tf ` b `f] df b ^^e fd_f ^d] K db Qf d` fZ ^e ]e ` Vc f[ d
Z^b We ` adf b X Xe^ dc _df ]Y Z e^db ^df c f; Ye__df d] ada Y Vdb `c_dQ f K ef_C c X Xd` d] a^ c Vdb `e
` c` Vdc ^dc f` b `f b `]d[ e^df Z d f_C e ` ae f` b `f b X Xe^ dc _e f b `f b `]e U Ye` ae fZ e^[ da c
[ df b U`df c U eWb _c Vdb `e4
= e] _Y ]db `ef [c__C c Z Z_d cVdb `ef [e__c f ac ]]c f ]Y __e f b `e]]db `df UbWe ^` cadW e f e
[c__C dX Zb]ac f[ df P b__b 4
= cZ Z_d cVdb `ef[ e__C dX Zb]ac f[ df ^ e U d] a^ b fc fa c ]]c f ]]c 4= ^d[ YVdb `ef[ e__C dX Zb]ac f] Y _f U c]fX eac ` b fZ ^e Wd] ac f[ c_f 8 TL U T] fB & T< @ T< 5 f` T5 @4Q c^aTB &QfZ e^f_C Y ad_dV Vb fd` fdX Zdc ` adf ] Z b^adW df [ cfZ c^ae f[ df c ]]b dc Vdb `df ] Z b^adW e 4 = [ea^ c Vdb `ef[ c__C dX Zb]ac fZ e^f b `a^ dP Yadf e ^b Ucadf c [ fY `fX c]] dX bf[ df % <T5 @@Q@ @4 _C c ^ad b _b f< 5f b X Xcf< Qf _e aaTf d7 ae ^f b `]e ` ae f_c f[ ea^ c Vdb `ef[ e_f B B  f[ edf b `a^ dP Yad e ^b Ucadf [ cfZ e^] b `ef ]d K efc [ fI ]]b dc Vdb `df b fS bde aH fS Zb^adW e f[ d_e aac ` ad] ad K ef ` b c[ fY `fX c]]dX bf[ df % <T5 @@Q@ @fc ` `YdQ fS e ^X bf_C b P P_dU bf[ df a ^ c dc P d_da H f[ e__e fb Z e^c Vdb `dT f H P I?G YM SZ^? SZO Z^ L Y aadfd f[ bY X e` adf] b `b fZ YP P_d cadf] Y _f] da b fS e [ e^c _e 4fd _f_ d` f[ df^ dS e ^dX e` ab f3 fd _f] e U Ye` ae 5 1 VVC R&' '" ""F= ] J ]UE XVX FV ' VC XQX 8[ -J XLA E ]T VX '[ == Q[ <X T]-U[ == Q[ <X T]-] -V] RR] U[ E ]T VX -D ;DD ^ < > Ve ^P c_e f[ df I ]]e X P_e cf b ]ada Y adW c
B > Sac aY ab fa dZ bfM bab fM _Y P fA M Rf fI TS T8 T
-> Sac aY ab fa dZ bfM bab fM _Y P fA M Rf fS TS T8 :S R L
4> Mb[ Y_b f^ d K de ]ac fI SS d_dc Vdb `e
5> Mc` Yc_e f[ e_f _b UbfA M R
&> AI  fM bab fM _Y P fe [ fc ]Z eaadf _e U c_dT
8 bY X e` ad
1 6

2022
Tesse ra m en to

21
M P 7ZS 0 ^B N ZM IZB W OZ^D ;DD
= L U LLJ fL J fL J S SJR JfS D ?D fR? fA D RM IL D f8 R) RL I LJ 5f RL fM DLD fM LU 0Qf S U fR RM #RJ S LI f8 JLLCR? LJ R JS SIL D Qf M IL J R RI LR’ ’I fL I fL J S SJR IfJ fS LI M 9I fL CJ LRM #JLLI fI 8 JS RV I Qf M #JfR R9 D RLI fR
8 IL RfI ? I) RIARM Rf8 JLfL J S SJR IL D fM D ?f? UM JR D f8 RfL J S SJR IfJ fM D 8RM JfI f0 IR RJT
= LI fL J S SJR IfR RM #RJ S LI fM D ?fRL fM DLD fM LU 0fRL I LRI f fJ S M LU SRV I M J? LJ fR? fA D RM IL D f8 R) RL I LJ Qf9 JR LI ? LD f? D ?f9 U  fJ S SJR JfM D ?VJ R LRL I fR? fM IR 8 T
= RL f9 R JS R8 J? LJ f8 JLfM DLD fM LU 0f8 JVJ fM D ?AJ R M IR JfRf9 R D 9R RfM D ?LI L LRf6d` [ d^ dV Vb fe 7X cd_f e f` YX e^b f[ df a e _e Sb `b >fL R IM RL J fD L9T
= MD ?LI L LRfD 00LR) IL D RRf f9 JR fRfM D M 9D ?J? LRf8 JLfM D ?SR) LRD f8 RR JLLRV D f fD 00LR) IL D RRD fR J) RS LR IR JfS RI fL CR? 8RR R’ ’D fJ 7M IRL fM #JfRL f? UM JR D f8 RfM JLLU LI R JT
= LU LLRfR fL J S SJR IL Rf8 JVD ?D fD 00LR) IL D RRI M J? LJ fR ? 8RM IR Jf? JLfM D8ULD f8 RfL J S SJR IM J? LD fL CR? 8RR R’ ’D fJ 7M IRL Qf? JM JS SI R RD fI ? M#Jf9 JR fL I fR J) RS LR I’RD ?JfI Lf9 D RLI LJ fM AM RT f
= MP M^K Z^B ?  ^B N P IYH YN Y^W OO-W M M?OOW G YM SP ^H YOOW ^S Y K KYN W^> Y H YN WOY ^H Z^ ?WOK ZW KZ^S ZB P OP 4ZW ^P ^W OOW ^G PHZ> ZI W^H YOO-Z M SY K SW SW N ZP ^? M W^7 P OS W ^N Y4 ZK SN WSW ^O W ^S Y K KYN W
M YO^K ZK SY G W^Z M >P NG WS Z7 P ^> Y H YN WOY F
= MD ?VJ ? ’RD ?RfJ fS JR VR’ RfI RfL J S SJR IL RfS U fM AM RT
= )I8 ) JLfA M R5f9 D RLI M #RI V Rf fI 8 JS RV D f6e ] _Y ]df L e ]]e ^c adf M bab fM _Y P fRa c _dc >T
? bWda H fZ ^d` dZ c_d
2 0

23
Le ]]e ^c X e` ab
2 2
Le ]]e ^c X e` ab
# FD ^^B N P IYH ?NY^H Z^W I  ?ZK SP ,^W KKY4 MW:ZP MY^
Y^G WS Y N ZW OZ: :W :ZP MY^H YOOY ^S Y K K YN Y
WI  ?ZK SP ^S Y K KYN Y
R_f M bab fM _Y P fZ Y/ f^ d K de [ e^e f_e fL e ]]e ^e f[ dU da c _df c aa^ c We ^] b f_c fZ ^b Z ^dc fY ae ` Vc fS e [ e^c _e T
L cfL e ]]e ^c fA e[ e^c _e f b `]e ` ae f[ df e SS e aaY c^e fZ c]]c U U df a ^ c fM bab fM _Y P fb fa ^ c fa dZ b_b Ude
[ df L e ]]e ^e Tf R` f c]b f[ df Z c]]c U Udb Qf ` b `fZ bae ` [ bfe ]]e ^e f^ e ]ada Y da c Qf _c fL e ]]e ^c f[ dU da c _e
W e ^^H fP _b cac QfZ e^[ e` [ bf_c f] Y cfe SS d c dc Qfe fW e ^^H f] b ]ada Y da c f[ c__c f` Y b Wc fL e ]]e ^c Tf
R_f M bab fM _Y P 5
= I; Yd] ac f_e fL e ]]e ^e f8 dU da c _df ` e__C c Z Z b]da c f] e Vdb `ef[ e__c fZ ^b Z ^dc fY ae ` Vc fS e [ e^c _e Q
]e b `[ bf_e fX b[ c_da H fd` [ d cae fc __C c ^aT< &T = JSS e aaY cab fd_f Z cU cX e` ab Qf e fZ ^e Wdc fW e ^dS d cf[ cfZ c^ae f[ e_f ] d] ae X cf[ e_f P Yb `fe ]da b [ e__c fa ^ c ` ]c Vdb `eQfd_f M bab fM _Y P f^ d e We fY `cfe X cd_f c aae ]ac ` ae f_C c WWe ` Y ab fc ; Yd] ab Q b `fd` [ d cae f_c f; Yc` ada H Qf_c fa dZ b_b Udc fe [ fdf ` YX e^df [ df L e ]]e ^c fc ]]e U `cadT f = ?b`f] c ^H fZ b]]dP d_e f_b f] ab ^` b fe [ fd_f ^ e ]b f[ df L e ]]e ^e fc ; Yd] ac ae T = ?e__e fY ae ` Ve fS e [ e^c _df [ edf M TM Tf] b `b f^ dZ b^ac adf df [ eaac U _df [ df c ; Yd] ab fe fU e]adb `ef[ e__e L e ]]e ^e f8 dU da c _dT T R] UV X ^Q^ T X E T [V9 X ^[ QQ- T V] UT X ^J ]Q^ R R V] E [^T =X UE [V9 X ^= ] J ]U[ Q] F W KKY4 MW:ZP MY R_f M bab fM _Y P f[ eWe 5 = Sac X Zc^e fdf X b[ Y_df [ df ^ d K de ]ac fL e ]] e ^c X e` ab fa ^ c X da e f_c fZ ^b Z ^dc fY ae ` Vc fS e [ e^c _e 4f = 9e^fd_f L e ]]e ^c X e` ab f[ edf X d` b ^df 3 f` ee]]c ^db f K ef_b f] Z edS d b fX b[ Y_b f[ df ^ d K de ]ac ] dc fS d^ X cab fc ` K ef[ cfY `f] b _b fU e` da b ^e fb f[ c__C e ]e ^ e` ae f_ c f^ e ]Z b`]c P d_da H fU e` da b ^dc _e 4 = R` ]e ^d^ e fc f] d] ae X cQfZ e^fb U`df a dZ b_b Udc f[ df L e ]]e ^c X e` ab 5 7 8cadf c ` cU ^c Sd df [ e_f L e ]]e ^c ab 4 7 Mb[ d efA d] c_e 4 7 ?YX e^b f e__Y _c ^e 4 7 R` [ d^ dV Vb fe X cd_f X 55Q8 [VX UX ^C ]U^U ] 8 R VU [ <X T]^] ^U ] L A C ]UX ^L U] J ]T <[ Q^[ ^G > G Z
7 A_c U f^ e _c adW df c _f b `]e ` ]b fc _f a ^ c aac X e` ab f[ edf [ cadf Z e^] b `c_d f ^ d_c ] dc adf [ c_f L e ]]e ^c ab 4
7 8cac f[ df ] c[ e` Vc f[ e__c fM e^adS d c Vdb `efM e[ d cf` ee ]] c ^dc fZ e^f d_f ^d_c ] db f[ d
Le ]]e ^e fS Zb^aQfM d` dS Zb^afe f[ df L e ]] e ^e fM eX Pe^f6 [ bWe fZ ^e Wd] ab f[ cdf R eU b_c X e` ad
S Zb^adW df [ df S Zedc _da H >4
7 ?YX e^b f[ df L e ]]e ^c T
# F^^S Y K KYN WG YM SP !> Y H YN WOY ^D ;DD
Le ^X d` d5 f< f` b We X P^e fB @B<7f- <fb aab P ^e fB @BBT Vc _d[ da H 5f[ c__c f[ cac fe fb ^c f^ dZ b^ac ae f] Y __c fL e ]]e ^c fS d` b fc _f - <:< B:B @BBT M XT^R ^ C A ^C UX L]J ]U] ^[ QQ- [ T TAQQ[ E ]T VX ^J ]QQ[ ^S ] RR] U[ ^=] J ]U[ Q] ^J ^  A[QR [ R VC XQX 8[ ^X ^[ QQ[ ^E XJ= L [^J ]QQ- T V] RV[ V[ UX ^A T[^9 X QV [ ^U ] 8 R VU [ V[ ^Q[ ^S ] RR] U[ ^T ]Q RR V] E [^T =X UE [V9 X ^= ] J ]U[ Q] ^% [ T L1 ]^R ] ^U L 1 ] RV[ ^X TQT ](F R_f M bab fM _Y P fZ Y/ f^d_c ] dc ^e fc df Z ^b Z ^df S bdf _e fL e ]]e ^e fA e[ e^c _df ] b _a c ` ab fc fS^ b `ae f[ d ^d K de ]ac f[ e__C d` ae ^e ]]c ab Qf K efc WWde ` efa ^ c X da e f b `]e U `cf[ e_f X b[ Y_b f[ df a e ]]e ^c X e` ab b X Z_e ab f[ e__c f^ e _c adW c f[ bY X e` ac Vdb `efc f] Y Z Zb^ab f6e ]Tf e^adS d cab fX e[ d b >Tf R_f M bab
M _Y P fK cf_C b P P_dU bf[ df ^e U d] a^ c ^e faY aadf df [ cadf [ e_f ^d K de [ e` ae f] Y _f ] d] ae X cfd` Sb ^X cadW b
Se [ e^c _e fe f[ eWe f b `]e ^W c ^e f_ c f[ bY X e` ac Vdb `ef[ df^ d K de ]ac fL e ]]e ^c X e` ab fZ e^fc _X e` b
[ de df c ` `dT f R_f L e ]]e ^c X e` ab fe f_C e SS d cdc f[ e__e fU c^c ` Vde fc ]]d Y ^c adW e fe f[ df c ]]d] ae ` Vc
[ e^dW c ` adf [ c_f L e ]]e ^c X e` ab fSe [ e^c _e fK c` `b fd` dV db fc fZ c^ad^ e f[ c__c f[ cac fe [ fb ^c ^db f[ d
Wc _d[ da H fU e` e^c adf [ c_f ] d] ae X cfe f^ dZ b^ac adf ] Y __c fL e ]]e ^c fS d` b fc _f - <:< B:B @BBT # F@ ^S ZB P OP 4ZY ^H Z!S Y K KYN W^> Y H YN WOY
) 335 7 05 7 5 --5 15 7 -2 / 27 6/ 7 %2 1+ 432 7 .6* 63 4 05 7 607 ! 232 7 &0) #7 -) 7 16,  65 -34
. 500 6/ 35 15 --4 32 #7+ 435 164 06’ ’4 70 4 7 5 --5 14 75 7- 34 + (470  5 36,  5334 74 . 5-6” 4 #7,  571 6( 2134
67 . 4367 4 / 4* 14 %6, 67 . 507 3 5 --5 14 32 7, 2 / 7/ )+ 512 7. 67  5 --5 14 75 7, 2 . 6, 5 74 7 4115 $
9 e^f_c fS ac U db `efB @BBf] b `b fZ ^e Wd] ae f_e f] e U Ye` adf a dZ b_b Ude f[ df L e ]]e ^c 5f
S Y K KYN WG YM SP ^W Z^G PSP ^I O? 6^N Y4 ZP MWOZ
Le ]]e ^c fM eX Pe^fffffffffffffffffffffffffffffffffffffffffffffffffffffffffff %f- $Q@ @f6 f; Yb ac fM bab fM _Y P >
Le ]]e ^c fS Zb^a ffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffff %f< <@Q@ @f6 f; Yb ac fM bab fM _Y P >
Le ]]e ^c fM d` dS Zb^afffffffffffffffffffffffffffffffffffffffffffffffffffffffff %f- 5Q@ @f6 f; Yb ac fM bab fM _Y P >
SY K KYN WG YM SP ^P M^O ZM Y
Le ]]e ^c fM eX Pe^f! M bab fM _Y P f^ e U db `c_d ffffffffffffffffffffff %f- $Q@ @f6 f; Yb ac fM bab fM _Y P >f
L e ]]e ^c fM eX Pe^f! M bab fM _Y P fRa c _dc ffffffffffffffffffffffffffff %f$ @Q@ @

24 25
Le ]]e ^c X e` ab M eX Pe^
R_f L e ]]e ^c ab 5
= Rd eWe fc Y ab X cad cX e` ae fY `cfe 7X cd_f b `fd` [ d cab fd_f ` YX e^b f[ df Le ]]e ^c fe f_c
Z ^b e[ Y^c fZ e^f] c^d c^_c 4
= Ie[ efc _f Z b^ac _e fM *A X df b `fdf [ cadf d` [ d cadf ` e__c fe 7X cd_f ^ d eWY ac fe f] c^d cfd_f Z [S
[e__c fL e ]]e ^c Qf K efZ Y/ fe ]]e ^e f] ac X Zcac fb f] c _W c ac fe [ fY ad_dV Vc ac f b X efdX XcU d` eT
ZQ^ S ] RR] U[ VX ^C A ^U L 1 ] J ]U] ^Q[ ^S ] RR] U[ ^T ^= X UE [VX ^L [UJ ^J U ] VV[ E ]T V] ^[ Q^ C UX CUX
G XVX ^I QA 5 ,^ L 1 ]^J X9U+ ^R V[ E C[U] ^Q- ] VL 1 ]VV[ ^[ J ]R9 [ ^8 ]T ]U[ V[ ^J [Q^ R R V] E [
T =X UE [V9 X ^=] J ]U[ Q] ^L X E CU] T R9 [ ^J ]Q^ U ] C QX 8X^J [V^ J ]Q^ V ] RR] U[ VX ,^ J [V[ ^X U[ ^J
]E R RX T],^ L X JL ]^[ ^5 [UU] ,^ T AE ]UX ^J ]QQ[ ^S ] RR] U[ ^] ^R L [J ]T <[ ^J ]Q^ L ]UV= L [VX E ]J L X ^X 9] ^C U] 9R VX F RfL e ]]e ^c adf A M Rf] b `b f] b UUeaadf c _f R eU b_c X e` ab f[ df ) dY ]adV dc fA e[ e^c _e T R_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P f3 f^e ]Z b`]c P d_e f[ e__C e We ` aY c_e fL e ]]e ^c X e` ab f[ df ] b UUeaad b `fZ ^b WWe [ dX e` adf [ d] dZ _d` c^df d` f b ^] b fb ]ac adW df c _f ^ d_c ] db f[ e__c fL e ]]e ^c fA M RT G WS Y N ZW OZ: :W :ZP MY^H YOOY ^S Y K KYN Y R_f M bab fM _Y P fc __C c aab f[ e__C I SS d_dc Vdb `e:R dc SS d_dc Vdb `ef^ d eWe f[ c_f M bX da c ab fR eU db `c_e fY ` ; Yc` ada c adW b f[ df L e ]]e ^e fS e [ e^c _df d` fS b ^X cab f c^[ Tf L ^c X da e fc Z Zb]da c fZ ^b e[ Y^c fZ ^e ]e ` ae f` e__c fZ ^b Z ^dc fY ae ` Vc fS e [ e^c _e Qfd_f M bab fM _Y P fZ Y/ X cae ^dc _dV Vc ^e f_c fL e ]]e ^c Tf U `cfW b _a c f b X Z_e ac ac f; Ye]ac fZ ^b e[ Y^c Qf ] c ^H fZ b]]dP d_e ] ac X Zc^e f_C e ad K eaac f b `fdf [ cadf c ` cU ^c Sd df [ e_f ae ]]e ^c ab f[ cfc Z Z_d c^e f] Y __c fL e ]]e ^c Sb ^` da c f[ c_f M bX da c ab fR eU db `c_e Tf # F, ^^S Y K KYN W^G YG 6YN ^ LcfL e ]]e ^c fM eX Pe^fK cfW c _d[ da H f[ c__c f[ cac fe f[ c__C b ^c ^db f^ dZ b^ac adf ] Y __c fL e ]]e ^c fe [ fK c ] c[ e` Vc fd_f - <:< B:B @BBT 9 Y/ fe ]]e ^e f^ d_c ] dc ac f] e ` Vc f_dX da df [ df e aH fe f b `]e ` ae f[ d5 = U]Y S^ Y d^ e f[ e_f [ d^ da ab f[ df W b ab f6 ] b _b fZ e^fdf X cU Udb ^e ` `d> Qfd` f^ c Z Z^e ]e ` ac ` Vc f[ e_f Z ^b Z ^db
M bab fM _Y P f` e__C I ]]e X P_e cf? cVdb `c_e fe :b fR eU db `c_e f] e b `[ bf_e f` b ^X cadW e fS e [ e^c _d
% M P M^L X TR] T VV X ^L X T^S ] RR] U[ ^G XVX ^I QA 5 ^Z V [ Q[ (= Rd K de [ e^e f_C d] ^dV db `efc _f R eU d] a^ b fS ab ^d b f[ e_f Z ^b Z ^db fX bab We d b _b Qf] e fd` fZ b]]e ]]b
[ edf ^ e ; Yd] da df Z ^e Wd] adf [ c__c f] Z e dS d cf` b ^X cadW c fS e [ e^c _e 4
= 9c^ae dZ c^e fc __C c aadW da H fa Y ^d] ad cfA M RQfb We fZ ^e Wd] ab f[ cdf R eU b_c X e` adf [ df ] Z edc _d a H 4
= 9c]]c ^e fc fL e ]]e ^c fS Zb^af% M P M^L X TR] T VV X ^L X T^S ] RR] U[ ^G XVX ^I QA 5 ^Z V [ Q[ (
= Mb`]e U Yd^ e f_c fL d e` Vc fI Ub `d] ad c f% M P M^L X TR] T VV X ^L X T^S ] RR] U[ ^G XVX ^I QA 5 ^Z V [ Q[ (
= 9c^ae dZ c^e fc fM b^] df A M Rf Z e^f d_ f b `]e U YdX e` ab f[ e__ e f; Yc_dS d K efZ ^e Wd] ae f[ cd
R eU b_c X e` adf A e[ e^c _d4
= U]Y S^ Y d^ e f[ df b Z e^aY ^c fc ]]d Y ^c adW c f6 _e ]db `dfe fR M L>fd ` fc aadW da H fe [ fe We ` adfd ] ada Y Vdb `c_d
e f] b dc _d Q fZ ^e We ` adW c X e` ae fc Y ab ^dV Vc adQ f` edf; Yc_d f] dc fZ ^e Wd] ac f_ c fZ c^ae dZ cVdb `ef b `
_c fL e ]]e ^c fM eX Pe^4
= U]Y S^ Y d^ e f[ df c ]]d] ae ` Vc fa e ` d cfe f] c ` da c ^dc 5
7 d` fc X Pda b fX e[ d b 7] c ` da c ^db 5fc X PY_c ` Vc fZ e^fa ^ c ]Z b^ab fd` fb ]Z e[ c_e fd` fRa c _d c 4
7 d` e^e ` adf c _f W e d b _b 5fa ^ c d` b fX bab We d b _b fd` f c ]b f[ df U Yc]ab :d` d[ e` ae Qf] Z e]e fd` f c]b
[ df Z e^[ da c :^b aaY ^c f[ e__ e f K dc WdQ fa ^ c ]Z b^ab fd` fRa c _dc fb f^ dX Zca^ db f[ e_f X bab We d b _b 4
= Sbaab ] ^dW e ^e f_C e ] _Y ]dW c fe fW c ` ac U Udb ]c fZ b_dV Vc fc ]]d Y ^c adW c fZ e^fX bab fd] ^da ae fc _
R eU d] a^ b fS ab ^d b 4
= Sbaab ] ^dW e ^e f_C e ] _Y ]dW c fe fW c ` ac U U db ]c fZ b_d V Vc fc ]] d Y ^c adW c fZ e^fX bab fX b[ e^` e4
= Ie[ e^e fc fM *A M RQf _C c ^e c fZ e^] b `c_e f` e__c f; Yc_e fd_f L e ]]e ^c ab fZ Y/ f] c^d c^e f_c
L e ]]e ^c fd` fSb ^X cab f[ dU da c _e Qf b `]Y _a c ^e fe fX b[ dS d c ^e fdf Z ^b Z ^df [ cadQ f b `]Y _a c ^e
_b f] ab ^d b f[ e__e f] Y efc aadW da H fe [ fY ]Y S^ Y d^ e f[ e__e f b `We ` Vdb `df b `fdf 9 c^a` e^fA M Rf7
W e [ df c ^aT< 54 = U]Y S^ Y d^ e f[ df a c ^dS S e fc U eWb _c ae fZ e^f_c fZ c^ae dZ cVdb `efc [ fe We ` adf X bab d _d] ad df e fS de ^e [ df ]e aab ^e 4f Z e^f U _df c P Pb`cX e` adf c __e f^dW d] ae f[ e_f ) ^Y Z ZbfM b`[ c[ b^d4 f Z e^f _c P dU _de aae ^dc f[ e__e fZ ^d` dZ c_df M bX ZcU `de f[ df ? cWdU cVdb `e4 = Rd eWe ^e fdf U c[ UeafB @BB5f Z b^ac K dc Wdf e fc [ e]dW b f%M P M^C U] 9R V^ L X T^S ] RR] U[ ^G XVX I QA 5 ^Z V [ Q[ (F & T- T< fL J S SJR IM J? LD fD ?LR? Jf SY K KYN W^G YG 6YN ^ G PSP ^I O? 6 M b`f _c f Z ^b e[ Y^c f [ df ae ]]e ^c X e` ab fb `f _d` ef cdf M bab fM _Y P Qf Z ^e ]e ` ae f ]Y _f ]da b Se [ e^X bab Tda Qf 3 fZ b]]dP d_e fae ]]e ^c ^] df Z ^e ]]b fdf M bab fM _Y P f K efc [ e^d] b `b fc [ fY `c cZ Zb]da c f b `We ` Vdb `eT 26 2b M eX Pe^ Le ]]e ^c X e` ab S df Z Y/ f^ d K de [ e^e fe ] _Y ]dW c X e` ae f_c fL e ]]e ^c fM JM 0JR TfR _f b ]ab f[ e__c fL e ]]e ^c fb `f_d` ef3 [ df % f- $Q@ @f f_c f; Yb ac fR] ^dV db `efM bab fM _Y P fe [ fd_f Z cU cX e` ab f3 f b `]e ` ada b f] b _a c ` ab f b ` c^ac f[ df ^e [ da b T LcfZ ^b e[ Y^c f[ df c ; Yd] ab f3 f_c f] e U Ye` ae 5 <> Ie[ e^e fc __C c Z Zb]da c f] e Vdb `ef] Y _f ] da b fS e [ e^X bab Tda T
B > Se_e Vdb `c^e fY `b fa ^ c fd fM bab fM _Y P fR eU db `c_dfc [ e^e ` adfc __c f b `We ` Vdb `eQf] Y __c fP c]e f[ ed
Sd_a ^ df [ df Z ^e Se ^e ` Vc T
-> MbX Z_e ac ^e f_c f^ d K de ]ac f[ df ae ]]e ^c X e` ab f] Y fM *A M RQf c f Y df d_f ] d] ae X cf^e d` [ d^ dV Vc fd`
c Y ab X cad b Tf S ef] df Z b]]de [ ef_C c b Y`af M *A M RQf ] c ^H f] Y SS d de ` ae fc e[ e^e f b `f_e
Z ^b Z ^de f ^e [ e` Vdc _dfd ` ]e ^e ` [ b_e f` e__c f] K e^X cac f! I e]]b fY ae ` ae fU dH f^ e U d] a^ c ab TfR `
c]b f b `a^ c ^db Qf ] c ^H f` ee]]c ^db f^ e U d] a^ c ^] df Z ^b WWd] b ^dc X e` ae f b X ef` b `fa e ]]e ^c ab
] e U Ye` [ bf_c fZ ^b e[ Y^c fd` [ d cac f` e__c f] K e^X cac f! R eU d] a^ c Vdb `ef` Yb Wb fY ae ` ae Tf
9 e^fX cU Udb ^dfd ` Sb ^X cVdb `dfd ` fX e^da b fc __c f^ e U d] a^ c Vdb `efc _fZ b^ac _e Qf] df^ dX c` [ cfc __C c ^aTf< 5T 4 > JSS e aaY cab f_C c e]]b fc _f Z b^ac _e Qf3 f] Y SS d de ` ae fW e ^dS d c^e fdf [ cadf [ e_f M bab fM _Y P fZ ^e ] e_a b Q
d` ]e ^d^ e fdf b `]e ` ]df Z ^dW c *fe f _d c^e f] Y f! M b`Se ^X c Tf L cf^ d K de ]ac f[ df a e ]]e ^c X e` ab
W e ^^H fd` Wdc ac fc _f M bab fM _Y P Qf K efZ ^b WWe [ e^H fc [ fc eaac ^_c TfR ` f] e U Yda b fc __C c eaac Vdb `e
[ cfZ c^ae f[ e_f M bab fM _Y P Qf d_f ae ]]e ^c ab f[ eWe fe ` a^ c ^e f` e__c fZ ^b Z ^dc fY ae ` Vc fM *SX d
6] e Vdb `efL e ]]e ^c X e` ab f Le ]]e ^c X e` ab fb `_d` efM Mf J_e ` b f^ d K de ]ae >fe fZ ^b e[ e^e
c _f Z cU cX e` ab f b `f c^ac f[ df ^e [ da b T
5> JSS e aaY cab fd_f Z cU cX e` ab Qf d_f ^ d K de [ e` ae f^ d eWe fY `cfe 7X cd_f [ df b `Se ^X cf b `fd` [ d cab
d_f` YX e^b f[ dfL e ]]e ^c fc ]]e U `cab TfL cfL e ]]e ^c f] c ^H fd X Xe[ dc ac X e` ae fW d] Y c_dV Vc P d_e f[ c_
ae ]]e ^c ab f` e__c f] e Vdb `ef! L e ]]e ^c X e` ab f Le ]]e ^c f[ dU da c _e Tf
J We ` aY c_X e` ae Qf3 fZ b]]dP d_e fW d] Y c_dV Vc ^e fdf M bab fM _Y P fc [ e^e ` adf c _f ] e ^W dV db f[ df a e ]]e ^c X e` ab
b `_d` ef[ d^ e aac X e` ae f] Y _f Z b^ac _e fM *A X df 6; Yc_b ^c f] df W b _e ]]e ^b f b `b ] e^e fX cU Udb ^d
d` Sb ^X cVdb `df ^ dU Yc^[ bfc __e fc aadW da H f[ e_f M bab fM _Y P Qf 3 f` ee]]c ^db fW d] Y c_dV Vc ^e f_c fV e a^ d` c
[ edf M bab fM _Y P fZ ^e ]e ` ae f] Y _f ] da b fS e [ e^c _e >TfL cfZ ^b e[ Y^c f[ cf] e U Yd^ e f3 5f
< T Ie[ e^e f c_f Zb^ac _e f M*A X df b `f _e f Z^b Z ^de f ^e [ e` Vdc _d 6 K aaZ ]5: :X *SX dT S e [ e^X bab Tda : X *SX d: X *SX d_b Ub`Tc ]Z >T
B T M_d c^e f` e_f X e` f_c ae ^c _e f! L e ]]e ^c X e` ab fe f] Y e]]dW c X e` ae f! L e ]]e ^c X e` ab
b `_d` efc df M M T
- T M_d c^e f] Y f! ? Yb Wc f^ d K de ]ac fe f] e _e Vdb `c^e f_c fR eU db `ef[ e]d[ e^c ac T ZT ^L [RX ^J ^ [ T TAQQ[ E ]T VX ^J ]QQ[ ^U L 1 ] RV[ ^J ^ V ] RR] U[ E ]T VX ^X ^T ^L [RX ^J ^ E [T L[V[
[ LL]VV[ <X T]^J ]QQ[ ^U L 1 ] RV[ ^J ^V ] RR] U[ E ]T VX ^J [^C [UV] ^J ]Q^G XVX ^I QA 5 ^C U] RL ]QV X , R[ U+ ^C XRR5 Q] ^] == ] VVA [U] ^A T[^T AX 9[ ^U L 1 ] RV[ ^R ] 8 A]T J X^Q [ ^E ]J ]RE [^C UX L]J AU[ F S Y K KYN W^G YG 6YN ^ G PSP ^I O? 6^Z S W OZW  LcfL e ]]e ^c fM eX Pe^f[ e_f M bab fM _Y P fRa c _dc f] df ^ d K de [ efc aa^ c We ^] b f_c fZ ^b e[ Y^c fb `_d` e Z ^e ]e ` ae f` e_f ] da b fS e [ e^c _e 4fK cfW c _d[ da H f[ c__ c f[ cac fe f[ c__C b ^c ^db f^ dZ b^ac adf ] Y __c fL e ]]e ^c fe [ K cf] c[ e` Vc fd_f - <:< B:B @BBT ? b`f] b `b fZ ^e Wd] adf U c[ UeaT R_f L e ]]e ^c X e` ab fB @BBfc _f M TM Tf Ra c _dc f3 f^ d] e ^W c ab fc df X cU Udb ^e ` `df e f b `]e ` ae f_C c ; Yd] ab [ e__c f] b _c fL e ]]e ^c fM eX Pe^Q f e ] _Y ]dW c X e` ae fd` fSb ^X cab f[ dU da c _e f6` b `f3 fZ b]] dP d_e b `We ^ad^ _c fd` fS b ^X cab f c^[ >Qf b `f_c f] e U Ye` ae fZ ^b e[ Y^c 5
c> ?Yb Wdf ae ]]e ^c ad5 f ] Y _f ] da b fSe [ e^X bab Tda f _C Y ae ` ae f b X Zd_c fb `7_d` ef_c f^d K de ]ac f[ d
Le ]]e ^c X e` ab fc _f M bab fM _Y P fR a c _dc fe [ fe SS e aaY cfd_f Z cU cX e` ab f[ df % $@Q@ @fa ^ c X da e f c^ac
[ df ^e [ da b Tf I f] e U Yda b f[ e_f P Yb `fe ]da b f[ e_f Z cU cX e` ab Qf ^ d eWe ^H fc __C d` [ d^ dV V b fe 7X cd_
d ` [ d cab f` e__c f^ d K de ]ac f] dc fd_f ` YX e^b f[ df L e ]]e ^c fc ]]e U `cab f K ef_e f ^e [ e` Vdc _df [ d
ce]]b fc _f Z b^ac _e fM *A M RQf[ bWe fZ bae ^f] c^d c ^e f_c fL e ]]e ^c fd` fS b ^X cab f[ dU da c _e T
P > Rd` `b Wb fa e ]]e ^c ad5 fdf a e ]]e ^c adf b `fd_f M bab fM _Y P fR a c _dc f` e_f B @B <fZ b]]b `b f^ d` `b Wc ^e fd_ Z ^b Z ^db fa e ]]e ^c X e` ab fa ^ c X da e fd_f Z b^ac _e fM *A X dQ f[ bZ bfc We ^fe ]e U Yda b f_C c e ]]b f b ` _e fZ ^b Z ^de f ^e [ e` Vdc _dT fL cfZ ^b e[ Y^c f[ cf] e U Yd^ e f3 f; Ye]ac 5f _d c^e f] Y _f X e` f_c ae ^c _e ! L e ]]e ^c X e` ab f !L e ]]e ^c X e` ab fb `_d` efc df M M f _d c ^e f] Y f! M MfRL I LRI T R_f L e ]]e ^c X e` ab f b `fd_f M bab fM _Y P fRa c _dc f b X Z^e ` [ efU _df ] ae ]]df ] e ^W dV df e fW c ` ac U Udf [ e__c L e ]]e ^c fM eX Pe^f^ d_c ] dc ac f[ cfY `fM bab fM _Y P fR eU db `c_e QfX cfd` dP d] e5 = _c f c` [ d[ caY ^c fc f c^d K efe _e aadW e fS e [ e^c _df e :b f] b dc _d4 = d_f [ d^ da ab f[ df W b ab f` e__e fI ]]e X P_e efe _e aadW e f` cVdb `c_df e f^ e U db `c_d4 = d_f Z c]]c U Udb fa ^ c f_e fW c ^de fa dZ b_b Ude f[ df L e ]]e ^c 4 = d_f b `]e U YdX e` ab f[ e__c fL d e` Vc fI Ub`d] ad c4 = d_f a ^ c ]Se ^dX e` ab fc [ fc _a ^ b fM bab fM _Y P T 28 29 S Zb^a L e ]]e ^c X e` ab # F ^^S Y K KYN W^K B P NS LcfL e ]]e ^c fS Zb^af b X Z^e ` [ efU _df ] ae ]]df ] e ^W dV df e fW c ` ac U Udf [ e__c fL e ]]e ^c fM eX Pe^Q S b ^` e` [ bfd` b _a ^ e f_c f b Z e^aY ^c fc ]]d Y ^c adW c fd` Sb ^aY `df e fR M Lf[ Y^c ` ae fU _df c __e ` cX e` adT # cfW c _d[ da H f[ c__c f[ cac fe fb ^c f^ dZ b^ac ae f] Y __c fL e ]]e ^c fe [ fK cf] c[ e` Vc fd_f - <:< B:B @BBTf L cfZ b_dV Vc f3 f] c^d cP d_ e f[ c__ c f] e Vdb `ef! I ]]d Y ^c Vdb `d fZ ^e ]e ` ae fc _f ] e U Ye` ae f_d` 5 K aaZ ]5: :( ((TS e [ e^X bab Tda : [ bY X e` ad: T N ZO W KI ZP L cfL e ]]e ^c fS Zb^af Z Y/ fe ]]e ^e f^ d_c ] dc ac fc fZ e^] b `efd` fe aH f b X Z^e ]c fa^ c fU _df " fc ` `d b X ZdY adf e [ fdf $ 5fe fZ Y/ fe ]]e ^e fY ad_dV Vc ac f] e b `[ bf_e f] e U Ye` adf ] Z edS d K e5 = [cU _df " fc ` `df b X ZdY adf Z e^fc __e ` cX e` adf d` fSY b ^d] a^ c [ cfe f] Z edc _da H fd` fZ d] ac f6e ]T5 M d` dX bab 7fM d` df ) 97S b bae ^>4
= [cdf < 4fc ` `df b X ZdY adf Z e^fZ ^b We f_dP e^e f[ df W e _b da H fd` fc Y ab [ ^b X bT N ZI )ZY K SW ^ Lcf^ d K de ]ac f[ df L e ]]e ^c fS Zb^afZ ^e We [ ef_c f] e U Ye` ae f[ bY X e` ac Vdb `e5 = Mb[ Y_b f[ df ^ d K de ]ac fL e ]]e ^c fS Zb^aQf] c^d cP d_e f[ d^ e aac X e` ae f[ c__C Y ae ` Vc fS e [ e^c _e [ e_f M bab fM _Y P 4 = MbZ dc f[ e_f [ bY X e` ab f[ df d[ e` ada H f[ e_f ^ d K de [ e` ae Qfd` f b ^] b f[ df W c _d[ da H 4 = Me^adS d cab fX e[ d b f[ df d[ b`eda H f] Z b^adW c f` b `fc U b`d] ad cfW c _d[ bfS d` b fc _f - <:< B:B @BB [ cf b `]e ^W c ^e fc f Y ^c f[ e_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P fZ e^f c _X e` b f[ de df c ` `dQ ] e b `[ bf; Yc` ab fZ ^e Wd] ab fc _f] e U Ye` ae fc ^aT< BTfM XT^C XRRX TX ^] RR] U] ^U V ] T AV^9 [ QJ L]UV= L [V^ J ^ J XT]V + ^[ 8 XTR VL [^] E ]RR^ C ]U^[ QV U ^ R C XUVF^ 9 e^fdf X d` b ^df 3 f` ee]]c ^db 5 = Uad_dV Vb f[ e__c f] Z edS d cfX b[ Y_d] ad cf^ e _c adW c fc _f L e ]]e ^c X e` ab f[ df X d` b ^e 4 = 8d K dc ^c Vdb `ef[ df c ]]e ` ]b f[ df e ` a^ c X Pdf df U e` da b ^dQ f b `fc __e U cae f_e f b Z de f[ ed [ bY X e` adf [ df d[ e` ada H 4 = Le ]]e ^c X e` ab fc __c fA M Rf[ df Y `b f[ eU _df e ]e ^ e` adf _c f^ e ]Z b`]c P d_da H fU e` da b ^dc _e T  Yc_b ^c f_c fW c _d[ da H f[ e__c f e^adS d cVdb `efX e[ d cf] c[ cf` e_f b ^] b f[ e__C c ` `b f] Z b^adW b Qf3 W c _d[ cf_c f] e U Ye` ae fZ ^b e[ Y^c 5 = R_f a e ]]e ^c ab f^ d` `b Wc fd_f e^adS d cab fX e[ d b fc f b Z e^aY ^c f[ e_f B @BBfe f_b f b `]e U `cfd` b ^dU d` c_e fc _f Z ^b Z ^db fM bab fM _Y P 4= R_f M bab fM _Y P fX b[ dS d cf_c f[ cac f[ df W c _d[ da H f[ e_f e^adS d c ab fX e[ d b f] Y _f ] d] ae X c d` Sb ^X cadW b fS e [ e^c _e Qf] ac X Zcf_c f` Yb Wc fe ad K eaac fc [ e]dW c fZ e^f_c fL e ]]e ^c f c^[ fe f_c b `]e U `cfc _f a e ]]e ^c ab 4 = R_f a e ]]e ^c ab f[ eWe f] b ]ada Y d^ e f_C e ad K eaac f] Y __c f] Y cfL e ]]e ^c f c^[ Qfb Z ZY^e f^ d] c ^d c ^e _c f` Yb Wc fL e ]]e ^c fd` fS b ^X cab f[ dU da c _e f[ c_f Z b^ac _e fM *A M RT R ` f c]b f[ df dX Zb]]dP d_da H fX bX e` ac ` ecf[ e__c f^d] ac X Zcf[ e__ C e ad K eaac Qf d_ f M bab fM _Y P [ bW^H f^ d_c ] dc ^e fY `cfc aae ]ac Vdb `ef[ df c WWe ` Y ab f^ d` ` b Wb f[ e_f e ^adS d cab f b `fd` [ d c ac f_c ` Yb Wc f] c[ e` Vc Qf K efd_f a e ]]e ^c ab f[ bW^H fZ ^e ]e ` ac ^e fd` ]de X efc __c fZ ^b Z ^dc fL e ]]e ^c T M F6 F&^ ZT ^[ RR] T <[ ^J ]Q^ UT TX 9X ^J ]Q^ L ]UV= L [VX ^E ]J L X ,^ Q[ ^S ] RR] U[ ^K CX UV^ R VU [ R=X UE ]U+ ^ [A VX E [VL [E ]T V] ^ T ^ S] RR] U[ ^ G ]E 5]U,^ AT J ^ TX T C]UE ]VV] U+ ^[ QL A T^VC X ^J ^ [ VV9 V + ^J ^ [ QQ] T [E ]T VX ^] ^R [ U+ ^R X RC ]R[ ^Q[ U ] Q[ V9 [ ^L X C]UVA U[ ^[ RR L A U[ V9 [ F G PHWOZS 0 ^H Z^? SZO Z: :P LcfL e ]]e ^c fS Zb^afZ Y/ fe ]]e ^e fY ad_dV Vc ac fc __e f] e U Ye` adf b `[ dV db `d5 c > K ef U_df RX Zdc ` ad: 9 d] ae :I Yab [ ^b X df ]dc ` b f bX b_b Ucadf [c__c f AM Rf Ze^f d_f B@ BB
%X 55Q8 [VX U[ ^Q[ ^C U] R] T <[ ^J ]Q^ N ]RC X TR[ 5 Q] ^J ^ B R V[ (T L Ce _e ` b fc U Udb ^` cab f[ eU _df RX Zdc ` adf D X b_b Ucadf e f[ eU _df D ^U c` dV Vc ab ^df d] ^da a df c __c A M RfZ e^fd_f B @BBf3 f b `]Y _a c P d_e f] Y 5fS e [ e^X bab Tda T O [^S ] RR] U[ ^K CXUV^ 1 [^9 [ QJ V + ^[ QQ- Y RV] UX ^T ]^ R ] 8 A]T V^ W AVX J UX E & ^ W U[ 8 XT^- I [UV[ 8 ]T [^- ^ ] U] <^- ^B XUVE [X ^- ^7 [Q] T L[ F P > K ef] dc ` b f^ d] Z eaac adf df ^da e ^df e f_e f_dX da c Vdb `df ^ dZ b^ac adf ` e_f 8 bY X e` ab f[ df D X b_b Uc
A M Rfe f` edf R eU b_c X e` adf d` ae ^` df ] ac P d_da df [ cdf ] d` U b_df d^ Y da dT
> K ef_C D ^U c` dV Vc ab ^e f[ e__e f] e ]]db `df [ df c __e ` cX e` ab :Z ^b We f_dP e^e f] dc fY ` fM bab fM _Y P
b `f_C I SS d_dc Vdb `efd` f b ^] b f[ df W c _d[ da H fb fY ` cfS bde aH fd` fZ b]]e ]] b f[ df L d e ` Vc
D ^U c` dV Vc ab ^e fA M RfZ e^f_C c ` `b fB @BB T
[ > K ef_C c aadW da H fd` ae ^` cVdb `c_e fa Y ^d] ad c f] dc fZ ^e We ` adW c X e` ae fc Y ab ^dV Vc ac f[ c__c fA M RT

31
L e ]]e ^c X e` ab Md` dS Zb^a
3 0
# F$ F^S Y K KYN W^G ZM ZK B P NS
LcfL e ]]e ^c fM d` dS Zb^af b X Z^e ` [ efU _df] ae ]]df] e ^W dV dfe fW c ` ac U U df[ e__c fL e ]] e ^c fM eX Pe^Q
S b ^` e` [ bfd` b _a ^ e f_c f b Z e^aY ^c fc ]]d Y ^c adW c fd` Sb ^aY `df e fR M Lf[ Y^c ` ae fU _df c __e ` cX e` adT
# cfW c _d[ da H f[ c__c f[ cac fe fb ^c f^ dZ b^ac ae f] Y __c fL e ]]e ^c fe [ fK cf] c[ e` Vc fd_f - <:< B:B @BBTf L cfZ b_dV Vc f3 f] c^d cP d_e f[ c__c f] e Vdb `ef! I ]]d Y ^c Vdb `d fZ ^e ]e ` ae fc _f ] e U Ye` ae f_d` 5 K aaZ ]5: :( ((TS e [ e^X bab Tda : [ bY X e` ad: T  f^ d] e ^W c ac fc df X d` b ^df [ df e aH f b X Z^e ]c fa ^ c fdf & fc ` `df b X ZdY adf e [ fdf  fc ` `dT N ZI )ZY K SW L cf^ d K de ]ac f[ df L e ]]e ^c fM d` dS Zb^afZ ^e We [ ef_c f] e U Ye` ae f[ bY X e` ac Vdb `e5 = Mb[ Y_b f[ df ^d K de ]ac fL e ]]e ^c fM d` dS Zb^aQf ] c^d cP d_e f[ d^ e aac X e` ae f[ c__C Y ae ` Vc Se [ e^c _e f[ e_f M bab fM _Y P T = Me^adS d cab fX e[ d b f[ df d[ b`eda H f] Z b^adW c f` b `fc U b`d] ad cfW c _d[ bfS d` b fc _f - <:< B:B @BBQ [ cf b `]e ^W c ^e fc f Y ^c f[ e_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P fZ e^f c _X e` b f[ de df c ` `dQ ] e b `[ bf; Yc` ab fZ ^e Wd] ab fc _f] e U Ye` ae fc ^aT< BTfM XT^C XRRX TX ^] RR] U] ^U V ] T AV^9 [ QJ L]UV= L [V^ J ^ J XT]V + ^[ 8 XTR VL [^] E ]RR^ C ]U^[ QV U ^ R C XUVF = MbZ dc f[ e_f [ bY X e` ab f[ df d[ e` ada H f[ e_f ^ d K de [ e` ae Qfd` f b ^] b f[ df W c _d[ da H T = 8d K dc ^c Vdb `ef[ df c ]]e ` ]b f[ df e ` a^ c X Pdf df U e` da b ^df b `fc __e U cae f_e f b Z de f[ ed [ bY X e` adf [ df d[ e` ada H T = Le ]]e ^c X e` ab fc __c fA M Rf[ df Y `b f[ eU _df e ]e ^ e` adf _c f^ e ]Z b`]c P d_da H fU e` da b ^dc _e T O ZG ZS Z^H Z^? SZO Z: :P ^W S SZ7 ZS 0 9 e^f_e f] Z edc _da H fS Y b ^d] a^ c [ c5 = 9d] ae fZ ^b Wc fb X b_b Ucae f6b P P_dU cab ^dc f_c fZ ^e ]e ` Vc f[ e_f R e]Z b`]c P d_e f[ df 9 d] ac >4
= 9d] ae fb X b_b Ucae f b X efJ c]*fM ^b ]]f6 b P P_dU cab ^dc fZ ^e ]e ` Vc f[ e_fR e]Z b`]c P d_e f[ df9 d] ac >4
= 9d] ae fb X b_b Ucae f b X ef0 cP *fM ^b ]]f6 b P P_dU cab ^dc fZ ^e ]e ` Vc f[ e_f R e]Z b`]c P d_e f[ df 9 d] ac >4
= I^e cfJ `[ Y^b f7 fA eaaY dc adf 6b P P_dU cab ^dc f_c fZ ^e ]e ` Vc f[ e__C R] a^ Y aab ^e :L e ` d b fS Zb^adW b >4
= I^e cfL ^dc _f 6b P P_dU cab ^dc f_c fZ ^e ]e ` Vc f[ e__C R] a^ Y aab ^e :L e ` d b fS Zb^adW b >4
= M^b ]]b [ ^b X df b X b_b Ucad5 fc e]]b f b `]e ` ada b f] b _b fc fZ c^ad^ e f[ c_f b X ZdX e` ab f[ eU _d
” fc ` `df [ df e aH f6b P P_dU cab ^dc f_c fZ ^e ]e ` Vc f[ e_f R e]Z b`]c P d_e f[ df 9 d] ac >T9 e^f_c f] Z edc _da H fW e _b da H 5
= Md` dX bab [ ^b X df 6b P P_dU cab ^dc f_c fZ ^e ]e ` Vc f[ e_f R e]Z b`]c P d_e f[ df 9 d] ac >T
K B YI Z> ZI )Y
= fZ ^e Wd] ab fd_f Z c]]c U Udb f[ cfM eX Pe^fc fM d` d] Z b^aQf] e ` Vc f b ]adf c U U dY `adW dT
= ?b`f3 fZ ^e Wd] ab fd_f Z c]]c U Udb f[ cfM d` dS Zb^afc fL e ]]e ^c fS Zb^afW d] ac f_C c ` c_b Udc f[ df Y ad_dV Vb T
= Mb_b ^b f K efK c` `b fdf ^ e ; Yd] da df c ` cU ^c Sd df Z b]] b `b f^ d K de [ e^e f_c fL d e` Vc Qfe SS e aaY c` [ b
_c fW d] da c fX e[ d cfZ e^fc aadW da H f] Z b^adW c fc U b`d] ad cf6W e [ df c ^aTf < BTB >Tf ? b`f] df c Z Z _d cf_c
Z ^b e[ Y^c f` b ^X cac fc __C c ^aTf$ fd` f; Yc` ab Qfc df S d` df [ e_f ^ d_c ] db f[ e__c fL d e ` Vc Qf_c fL e ]]e ^c
M d` dS Zb^afW de ` efe ; YdZ c^c ac fc __c fM eX Pe^T
= M^e [ da b f[ df % <@ Q@ @ f] Y __C c ; Yd] ab f[ e__c fL e ]]e ^c fM d` dS Zb^af Z e^fdf ada b _c ^df [ df # bP P* M c^[ fB @BBT = I]Z eaab fc ]]d Y ^c adW b 5f_c fL e ]]e ^c fM d` dS Zb^afU b[ ef[ eU _d f ] ae ]]df X c]]dX c_df c ]]d Y ^c adW d U c^c ` ada df [ c__c fL e ]]e ^c fS Zb^aT # F# ^K G K^P 66OZ4 WS P NZP ^S Y K KYN W^K B P NS^Y ^G ZM ZK B P NS 9e^f _C c aadW c Vdb `ef [e__c f b Z e^aY ^c f c]]d Y ^c adW c f d` f c__ e ` cX e` ab f SY b ^d] a^ c [ cf 3 bP P_dU cab ^db fd` Wdc ^e f_C S M Sfc _f ` Y X e^b f- - T 5 "55 <Qf b `fd_f a e ]ab f b ] f b X Zb]ab 5 T X E ]-L X 8TX E ]-S -T AE ]UX ^S ] RR ] U[ ^K CX UV^X ^G T K CXUV^ %Q^ T AE ]UX ^9 [ ^] J V [ VX ^R ] T <[ &^ ' ^] ^ K ^X ^  (F  F^B W KKW 4 4ZP ^S N W^S ZB P OP 4ZY ^H Z^S Y K KYN W'O ZI YM :W H W^G YG 6YN ^W ^K B P NS^P ^G ZM ZK B P NS R_f Z c]]c U Udb f[ cfL e ]]e ^c fM eX Pe^f c fL e ]]e ^c fS Zb^a: M d` dS Zb^af W de ` efe SS e aaY cab f[ c_ M bX da c ab fR eU db `c_e f[ df c Z Zc^ae ` e` Vc TfR_f M bab fM _Y P f[ eWe 5 c> Ve ^] c ^e f_c f[ dS S e ^e ` Vc fa^ c fd_ f W c _b ^e f[ e__e fL e ]] e ^e f6` b `fW c _d[ bfZ e^f M d` dS Zb^af e fZ e^
Le ]]e ^e fU dH fd` fZ b]]e ]]b f[ e_f M M>4
P > R` Wdc ^e fc _f M bTR eTfdf [ bY X e` adf Z e^fd_f ^ d_c ] db f[ e__c fL e ]]e ^c fS Zb^a: M d` dS Zb^aT
J SS e aaY cab fd_f Z c]]c U Udb Qfd_f M bTR eTf^ d_c ] dc f_c f` Y b Wc fL e ]] e ^c T

Le ]]e ^c X e` ab #bP P *fM c^[
R_f M bab fM _Y P Qf K ef` b `f3 fd` fZ b]]e ]] b f[ df Y `cfL e ]] e ^c fS Zb^a: M d` dS Zb^af [ cfc ]]e U `c^e Q
[ eWe fZ ^e We ` adW c X e` ae fc ; Yd] ac ^e f_c fL e ]]e ^c Tf 9 Y/ fc ` K ef] eU _de ^e f[ df d` [ d c^e fc _
M bX da c ab f R eU db `c_e f d_f `YX e^b f [df Le ]]e ^c f M eX Pe^f [cf b `We ^ad^ e f d` f Le ]]e ^c
S Zb^a: M d` dS Zb^afe fZ cU c^e f] b _b f_c f[ dS S e ^e ` Vc f[ df dX Zb^ab TfS efd` We efd_f M bab fM _Y P f3 fU dH fd`
Z b]]e ]]b f[ e__c f` Yb Wc fL e ]]e ^c Qf d_f ] d] ae X cfd` Sb ^X cad b fZ ^b WWe [ e^H fc f b X Ze` ]c ^e
c Y ab X cad cX e` ae fd_f W c _b ^e f[ e__c fL e ]]e ^c fM eX Pe^f` e__c f] K e[ cf b `ac P d_e f[ e_f M bab fM _Y P T
O[^S ] RR] U[ ^G ]E 5]U^9 ] T ]^5 QX LL[V[ ^] ^C ]UJ ]^Q[ ^R A [^] == L [L[ F
 Yc_b ^c f_c fL e ]]e ^c fM eX Pe^f ] dc f] ac ac fX cae ^dc _dV Vc ac Qf e f; Yd` [ df d_f ae ]] e ^c ab f] dc fd`
Z b]]e ]]b f[ e__c fL e ]]e ^c fd ` fS b ^X cab f c ^[ Qf` b `f3 fZ d fb P P_dU cab ^db f^ d b `]e U `c^e f_ c fL e ]]e ^c
d` fS b ^X cab f c^[ fc _f M bX da c ab fR eU db `c_e QfX cf3 fb P P_dU cab ^db fZ e^fd_f a e ]]e ^c ab f b `]e U `c^_c
c _f M bab fM _Y P f[ df c Z Zc^ae ` e` Vc T
H W^K B P NS^W ^O ZI YM :W ^W 4 P MZK SZI W
R_f Z c]]c U Udb f[ cfL e ]]e ^c fS Zb^afc fL d e` Vc fI Ub`d] ad cf6` b `fJ 70 d e fc ` `Yc_e >fZ ^e We [ e5
= _C c [ eU YcX e` ab f[ e__c f^ e _c adW c f e^adS d cVdb `efX e[ d c4
= _c f b `]e U `cf[ e__c f[ bY X e` ac Vdb `efZ e^f_c f^ d K de ]ac f[ e__c fL d e` Vc 4
= _C c ; Yd] ab f[ e__c fL d e` Vc fI Ub`d] ad cf b `fY `b f] b `ab f[ df% f$ 5Q@ @fZ e^fL e ]]e ^c fS Zb^aT
L Cc U eWb _c Vdb `efe b `b X d cQf [ c_f X bX e` ab f K ef` b `f] df a^ c aac f[ df Y `fZ c]]c U Udb Qf ` b `
Wde ` efc Z Z_d cac f` e_f c]b f[ df ^ d K de ]ac f[ df L d e` Vc fA Yb ^d] a^ c [ cfD `efJ We ` aQfJ 70 d e fD `e
J We ` afe fV e _b da H fD `efJ We ` aT
? e_f c]b f[ df Z c]]c U Udb f[ c__c fL e ]]e ^c fS Zb^af c __c fL d e` Vc fM d` dD SS ^ b c[ 7M d` dR bc[ fe
L d e` Vc fL ^c d` d` U f] dfc Z Z_d cfd _f ^e [ da b f[ df% $5Q@ @QfX cf` b `f] dfU e` e^c fc _ Y `f^ dX Pb^] b fZ e^
_C e We ` aY c_e fX cU Udb ^fdX Zb^ab fW e ^] c ab T
F^S N WK>Y N ZG YM SZ^W H ^W OS N P ^G PSP ^I O? 6
RfL e ]]e ^c adf Z c^ae dZ c` b fc __e fc aadW da H f[ e__c fA M Rfc aa^ c We ^] b fdf M TM Tf[ df c Z Zc^ae ` e` Vc Tf
? b`f3 f b `]e ` ada b fa e ]]e ^c ^] dfc fZ d fM TM Tfe Qf` e_f b ^] b f[ e__c f] ac U db `ef] Z b^adW c QfZ Y/ fe ]]e ^e
c Y ab ^dV Vc ab fY `d cX e` ae fY `f] b _b fa ^ c ]Se ^dX e` ab fc [ fc _a ^ b fM TM Tf b `f_c f] e U Ye` ae fZ ^b e[ Y^c 5
= R_f L e ]]e ^c ab f^ d K de [ efc _f M bab fM _Y P f[ df c Z Zc^ae ` e` Vc fd_f ` Y__c fb ]ac fc _f a ^ c ]Se ^dX e` ab Tf
= R_fM TM Tf^ d_c ] dc f_ C b ^dU d` c_e f[ e_f` Y__c fb ]ac f] Y f c^ac fd ` ae ]ac ac fS d^ X cab f[ c_f9 ^e ]d[ e` ae T= R_f M TM Tf d` b _a ^ c f _c f [ bY X e` ac Vdb `ef d` f b^dU d` c_e f bf a^ c X da e f 9 JM fc_f M bTR eTf [ d
cZ Zc^ae ` e` Vc TfR ` f c]b f[ df cX Pdb f[ df R eU db `eQfd_ f M TM Tf[ eWe fZ ^b WWe [ e^e fc [ fd` Wdc ^e f_c
[ bY X e` ac Vdb `efc [ fe ` a^ c X Pdf df M bTR eTf b d` Wb _a dT
= R_f ` Y b Wb fM bab fM _Y P f b X Y`d cfc _f Z ^b Z ^db fM bX da c ab fR eU db `c_e fd_ f ` YX e^b f[ df L e ]] e ^c
[ cfc ]]e U `c^e T
L cf` Yb Wc fL e ]]e ^c fc ]]e U `cac f[ eWe fe ]]e ^e fZ cU cac fZ e^f d` ae ^b Qf c ` K ef` e_f c ]b f[ d
Zc]]c U Udb f[ cfL e ]]e ^c fM eX Pe^fc fS Zb^a: M d` dS Zb^aT
L cfL e ]]e ^c fZ ^e e [ e` ae X e` ae f^ d_ c ] dc ac fW de ` efP _b cac fc f] d] ae X cfe fZ e^[ ef_c f] Y cfe SS d c dc T
 Yc_b ^c f_c fL e ]]e ^c fM eX Pe^f ] dc f] ac ac fX cae ^dc _d V Vc ac Qf e f; Yd` [ df d_ f ae ]]e ^c ab f] dc fd`
Z b]]e ]]b f[ e__c fL e ]]e ^c fd` fSb ^X cab f c ^[ Qf ` b `f3 fZ d fb P P _d U cab ^db f^d b `]e U `c^e f_c
L e ]]e ^c fd` fSb ^X cab f c^[ fc _f M bX da c ab fR eU db `c_e Qf X cf3 fb P P_dU cab ^db fZ e^fd_f a e ]]e ^c ab
b `]e U `c^_c fc _f M bab fM _Y P f[ df c Z Zc^ae ` e` Vc TfR _f M TM Tf K ef^ d_c ] dc fd_f ` Y __c fb ]ac f` b `fZ Y/
^dY ad_dV Vc ^e fd_f ` YX e^b f[ e__c fL e ]]e ^c f^d b `]e U `cac f[ c_f L e ]] e ^c ab Qf d` f; Yc` ab fW e ^^H
P _b cac Tf9 e^fd_f a ^ c ]Se ^dX e` ab fc [ fc _a ^ b fM bab fM _Y P f[ df Y `fL d e ` Vdc ab Qf_c f` Yb Wc fL e ]]e ^c
W c fZ cU cac fZ e^fd` ae ^b QfX e` a^ e f_c fL d e` Vc f3 f^ d_c ] dc ac fU ^c aY da c X e` ae T
O [^U L 1 ] RV[ ^J ^ V U [ R=] UE ]T VX ^[ J ^A T ^[ QV U X ^G XVX ^I QA 5 ^J ]9] ^] RR ] U] ^C U] R] T V[ V[
L X T^A T^[ T VL C X^J ^  ^8 X UT ^ C ]U^Q^ C [RR [ 8 8X ^R ] T <[ ^U L 1 ] RV[ ^J ^ O L ]T <[ ^] ^J ^ @ $ 8 X UT ^ T ^L [RX ^J ^ C [RR[ 8 8X ^] ^U L 1 ] RV[ ^J ^ O L ]T <[ F F^) P 66 ^I WN H ^Z S W OZW L cf# bP P*fM c^[ ff Ra c _dc f3 fY `cf c^[ fU ^c aY da c Qf K ef] e ^W e fZ e^fZ c^ae dZ c^e fY `d c X e` ae fc d M b^] df # bP P*fS Zb^af  b Y`U Qf e We ` adf c f c^c aae ^e f_Y [ d b fc X cab ^dc _e fW b _a df c [ fc WWdc ^e fd ` eb Sda df c __c fZ ^c ad cfe [ fc __c f b `b ] e ` Vc f[ e__e f[ dW e ^] e f] Z edc _da H fX bab d _d] ad K eTf V de ` ef^ d_c ] dc ac f] b _c X e` ae fc df X d` b ^df [ df < 5fc ` ` df [ df e aH Qf` b `fL e ]]e ^c adf c __c fA M RQfc fZ c^ad^ e [ c_f < :< :B @BBTf R_f ^d_c ] db fe f_C d` Wdb f[ e__ c f c ^[ fW de ` efe SS e aaY cab f[ c__ c fA M Rf ] Y __c fP c]e [ e__C e _e ` b f[ edf Z c^ae dZ c` adf c _f M b^] b f# bP P *fS Zb^af  b Y` U f K ef_C b ^U c` dV Vc ab ^e f3 ae ` Y ab fc fa^ c ]X eaae ^e Qf ` e_f ^ d] Z eaab f[ e__e fX b[ c_da H fe f[ e__e fae X Zd] ad K efd` [ d cae f` e_ R eU b_c X e` ab f M bX Xd] ]db `ef SWd_Y Z Zbf Iaa dW da H f SZb^adW e f 6M SI S>Q f c` `Yc_X e` ae
c Z Z^b Wc ab f[ c_f M b`]dU _db fA e[ e^c _e Tf
3 3
3 2

35
Le ]]e ^c X e` ab 8 bY X e` ad
3 4
H P I?G YM SZ^? SZO Z^
L Y aadfd f[ bY X e` adf] b `b fZ YP P_d cadf] Y _f] da b fS e [ e^c _e 4fd _f_ d` f[ df^ dS e ^dX e` ab f3 fd _f] e U Ye` ae 5
1 VVC R&’ ’” ””F= ] J ]UE XVX FV ’ VC XQX 8[ -J XLA E ]T VX ’[ == Q[ <X T]-U[ == Q[ <X T]-] -V] RR] U[ E ]T VX -D ;DD < >f M b[ Y_b fL e ]]e ^c fM eX Pe^
B>f M b[ Y_b fL e ]]e ^c fS Zb^a
- >f M b[ Y_b fL e ]]e ^c fM d` dS Zb^a
4 >f M b[ Y_b fc ]]e ` ]b fU e` da b ^df Z e^fL e ]]e ^c fS Zb^a: M d` dS Zb^a
5 >f AI  fL e ]]e ^c X e` ab
& >f ) Yd[ cfL e ]]e ^c X e` ab fb `_d` efc df M Mfc [ e^e ` ad
$ >f Acf] dX d_e f` Y__c fb ]ac fZ c]]c U U db f[ df M bab fM _Y P T Lcf# bP P*fM c^[ ffK cfW c _d[ da H 5
= Sd` b fc _f - <:< B:B @BBfZ e^f; Yc` ab f b `e^` ef_c fZ c^ae dZ cVdb `efc df M b^] df # bP P *fS Zb^a  b Y`U 4 = Sd` b fc _f - <:< @:B @BBQf a e ^X d` efY _a dX bfZ e^fZ ^b e[ e^e fc _f a e ]]e ^c X e` ab fc __c fA M Rf Z e^f_c ] ac U db `ef b ^^e ` ae QfZ e^f; Yc` ab fc aade ` efc __C Y ad_dV Vb f[ e__c f c^[ f b X efP Yb `b f] b `ab f[ d %<@Q@ @f] Y __C c ; Yd] ab f[ e__c fL e ]]e ^c f6M eX Pe^Q fM d` dS Zb^afb fS Zb^a>Tf
L cf# bP P*fM c^[ f` b `fZ ^e We [ efc _a ^ e fc U eWb _c Vdb `d: P e` eSda Tf
 F@ ^B W KKW 4 4ZP ^H W^) P 66
^I WN H ^W ^S Y K KYN W^> G Z
= R_fa da b _c ^e f[ df# bP P*fM c^[ ff] df^ dW b _U efc [ fY `f; Yc_] dc ]dfM bab fM _Y P fA M RQfe eVdb `fS c aac
Z e^fd_f M bab fM _Y P fRa c _dc 4
= R_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P Qf [ bZ bfc We ^f c ; Yd] da b faY aac f_c f[ bY X e` ac Vdb `e
Z ^e Wd] ac fZ e^fd_f ^ d_c ] db f[ e__c fL e ]]e ^c f6c ^aTf & T- ffZ e^fL e ]]e ^c fM eX Pe^4f c ^aTf & T4 fZ e^
Le ]]e ^c fS Zb^a4f c ^aTf & T5 fZ e^fL e ]]e ^c fM d` dS Zb^a>Qf _c fd` b _a ^ c fc _f M bX da c ab fR eU db `c_e
K efZ ^b e[ efc [ fe SS e aaY c^e fd_f Z c]]c U Udb f[ cf# bP P*fM c^[ ffc fL e ]]e ^c fe [ fc f^ d_c ] dc ^e
; Ye]aCY _a dX cTf
L cfL e ]]e ^c fA M Rf 6M eX Pe^Q f S Zb^af b fM d` dS Zb^a>f c ]]e U `cac fZ Y/ fe ]]e ^e fc ; Yd] ac ac
Z ^e We ` adW c X e` ae f[ c_f M bab fM _Y P fZ ^e ]]b fd_f M bTR eTfb fa ^ c X da e fZ ^b e[ Y^c f[ dU da c _e fb Z ZY^e
Z Y/ fe ]]e ^e fc ; Yd] ac ac fd` fS c ]e f[ df Z c]]c U Udb Tf
L Cc ; Yd] ab f[ e__c fL e ]]e ^c fZ ^e We [ efd` fb U`df c]b fd_f W e ^] c X e` ab f[ e__C dX Zb^ab fc fZ ^e VVb
Z de ` b 4fd_f ] d] ae X cfd` Sb ^X cadW b fS e [ e^c _e Qf; Yc` [ bf_c fL e ]]e ^c fW e ^^H fc ]]e U `cac fc _f a da b _c ^e
[ e__c f# bP P*fM c^[ fQf Z ^b e[ e^H fc fU e` e^c ^e f` e__c f] K e[ cf b `ac P d_e f[ e_f M bab fM _Y P fY `
^e [ da b f[ df % <@Q@ @f K efd_f M bab fM _Y P fZ ba^ H fY ad_dV Vc ^e f b X ef] c _[ bfa b ac _e fb fZ c^V dc _e fZ e^ c_a ^ df ] e ^W dV df e ^b UcP d_df [ c_f M bX da c ab fR eU db `c_e Tf 2022 Lic en ze 39 M P 7ZS 0 ^B N ZM IZB W OZ^D ;DD = ZM SN P H?:ZP MY^H YOOW ^O ZI YM :W ^S N WZM ZM 4 ^B YN ^Y >>Y SS? WN Y^W OOY M WG YM SZ^ K ZW ^M YO^> ? P NZK SN WH W^I )Y^M YOOW ^7 Y OP IZS 0 ,^ I P M^ZM ^W 4 4Z? MSW ^O W ^B P KK Z6 ZO ZS 0 ^H Z^ B N YM HYN Y
BW N SY ^W ^G WM Z> Y K SW :ZP MZ^W 4 P MZK SZI )Y^W BBP KZS W G YM SY ^W ? SP NZ: :WS Y ^H WO^K YSSP NY^S Y I MZI P ^K B P NSZ7 P ^% K SK (F
= OW ^> ? P NZK SN WH W^W G WS P NZW OY ^D ;D@^7 ZY M Y^Z M 4 OP 6WSW ^M YOOW ^O ZI YM :W ^> ? P NZK SN WH W^D ;DD,^I P M^B P KKZ6 ZO ZS 0 ^H Z^? K? >N ? ZN Y^H Z^? MW^N ZH ?:ZP MY^H YO^$ ; ^K ? OO-Z G BP NSP ^H YOOW
O ZI YM :W ^> ? P NZK SN WH W^B YN ^I P OP NP ^I )Y^N ZY M SN WM P ^M YZ^B W N WG YSN Z^B N Y7ZK SZ^W OO-W N SF^@ @F F
= OW ^O ZI YM :W ^7 Y OP IZS 0 ^Y OZS Y ^> Y G GZM ZO Y ^7 ZY M Y^Y  ?ZB W N WSW ^Y I P MP G ZI WG YM SY ^W OOW ^O ZI YM :W ^7 Y OP IZS 0 F
= BP KKZ6 ZO ZS 0 ^H Z^N ZI )ZY H YN Y^O W ^O ZI YM :W ^Y -6 Z Y^W ^B W N SZN Y^H WO^I P G BZG YM SP ^H YO^@ D^W M MP ^H Z^Y S0 ^W H ^? M^I P KSP ^W 4 Y7P OWS P F
= BP KKZ6 ZO ZS 0 ^B YN ^Z ^S ZS P OW N Z^H Z^S Y K KYN W^K B P NS^H Z^N ZI )ZY H YN Y^O W ^O ZI YM :W ^Y -6 Z Y^P MY^Y 7Y M S^I P M^W H Y4 ?WG YM SP ^H YOOW ^N YOWS Z7 W ^I YN SZ> ZI W:ZP MY^G YH ZI WF
= S? SSY ^O Y ^O ZI YM :Y^K P MP ^ZM ^> P NG WS P ^H Z4 ZS W OY F^ ZO ^G PSP ^I O? 6,^ K ? ^N ZI )ZY K SW ^H YOO-Z M SY N YK KWS P ,^ G WS Y N ZW OZ: :W ^O W ^O ZI YM :W ^Y ^K SW G BW ^O -Y SZI )YSSW ^W H YK Z7 W ^H W
WBBP NNY^K ? OOW ^I WN H F^
? bWda H fZ ^d` dZ c_d
3 8

41
@ ;F^O ZI YM :Y^W 4 P MZK SZI )Y
LcfL d e` Vc fI Ub`d] ad cf3 fd_f ^e ; Yd] da b fc X Xd` d] a^ c adW b f K ef b `]e ` ae fc df L e ]]e ^c adf [ d
Z^e ` [ e^e fZ c^ae fc fX c` dS e ]ac Vdb `dQ f d` fc b ^[ bf b `f; Yc` ab fZ ^e Wd] ab f[ cdf R eU b_c X e` ad
S Zb^adW df [ df S Zedc _da H f K ef] c ` d] b `b fdf ^da e ^df e [ fdf _dX da df [ df Y ad_dV Vb f[ e__e fW c ^de fL d e` Ve T
I df W d` da b ^df [ edf M cX Zdb `cadf M b`[ dc _df W de ` ef^ d_c ] dc ac fU ^c aY da c X e` ae f_c fL e ]]e ^c fA e[ e^c _e
e f_c fL d e` Vc fZ e^fY `fZ e^db [ bf[ df 4 fc ` `dQ fc f[ eb ^^e ^e f[ cf; Ye__b f] Y e]]dW b fc __c f b `; Yd] ac
[ e_f ada b _b Tf Lc _df Sc d_da c Vdb `df We ` U b`b fb `e]]e f c` K ef cdf M cX Zdb `df J Y^b Z edQ f cd
b X Zb`e` adf _e f]; Yc[ ^e f cX Zdb `df e Y ^b Z edf e fX b`[ dc _df e [ fc df M cX Zdb `df da c _dc ` dQ
_dX da c ac X e` ae fc __C c ` `b f] Y e]]dW b fc __c f b `; Yd] ac f[ e_f ada b _b Tf  Ye]ae fSc d_da c Vdb `d
We ` U b`b f b `e]]e f] b _c X e` ae f] e fd_f Z d_b ac fe ^c f^e U b_c ^X e` ae fada b _c ^e f[ df L d e` Vc fA M R
`e__C c ` `b f[ df b `]e U YdX e` ab f[ e_f ada b _b f[ df cX Zdb `eTf ? b`fW de ` ef b `e]]c fL e ]]e ^c fe
L d e` Vc fU ^c aY da c fc df W d` da b ^df [ df b Z ZeQfa ^ b Se df b f cX Zdb `cadf K ef` b `fc P Pdc ` b fW c _d[ da H fc d
Sd` df [ e__C c ]]e U `cVdb `ef[ edf W b adf Z _Y ^dX dQ f b ] f b X ef` b `fW de ` ef b `e]]c fL e ]]e ^c fe
L d e` Vc fU ^c aY da c fc df W d` da b ^df [ df b Z ZeQf a^ b Se df b f cX Zdb `cadf c f_dW e __b fe Y ^b Z eb fe :b
d` ae ^` cVdb `c_e fd` f Y df ] dc fc X Xe]]c f_c fZ c^ae dZ cVdb `ef b `f_c f] b _c fL d e` Vc fA M RTf
@ ;F@ ^S Y N G ZM Z^H Z^N ZO W KI ZP
@ ^T X 9] E 5U] ^D ;D@^ ^, @^X VVX 5U] ^D ;DDF
L cfL d e` Vc fC A e]]e ^e f^ d_c ] dc ac fc d5
= Le ]]e ^c adfM eX Pe^f6 c [ fe ] _Y ]db `ef[ edfa da b _c ^df[ dfL e ]]e ^c fM eX Pe^f] b aab ] ^da ac f b `
d_f M bab fM _Y P fRa c _dc >4
= Le ]]e ^c adf M d` dS Zb^a4
= Le ]]e ^c adf S Zb^aQf_c [ [bWe fZ ^e Wd] ab Qf] e U Ye` [ bf_e fZ ^b e[ Y^e fd` [ d cae fc __C c ^aT$ T
L cfL d e` Vc fT X T^C A e]]e ^e f^ d_c ] dc ac fc f b _b ^b f K e5
= ]dc ` b fd ` c[ eX Zde ` adf b `fd _fZ cU cX e` ab f[ df] c ` Vdb `dfZ eY `dc ^de Qfc ` K ef` edf b `S^ b `ad
[ df ] b UUeaadf ae ^V df b `fdf ; Yc_df _c fA e[ e^c Vdb `efc P Pdc f] adZ Y_c ab fc b ^[ df b `a^ c aaY c_d
e :b f[ df Z c^a` e^] K dZ 4f
= ]dc ` b f b _Z da df [ cfZ ^b WWe [ dX e` adf [ d] dZ _d` c^df K efd` dP d] c` b f_b f] Wb _U dX e` ab f[ d
caadW da H f] Z b^adW c 4f
= ]dc ` b fc SS e aadf [ cf[ eae ^X d` cae f[ d] c P d_da H f6W e [ df c ^aTf< BT4 >T
L d e` Ve
4 0
O [^O L ]T <[ ^W 8XTR VL [^9 ] T ]^U Q[ RL [ V[ ^- ^ T ^= X UE [VX ^J 8 V [ Q] ^- ^R A ^U L 1 ] RV[ ^J ]Q^G XVX I QA 5 ,^J [^C [UV] ^J ]Q^ I XE V [ VX ^N ]8 X T[Q] ^V ] UU V X U[ QE ]T V] ^L X E C]V] T V] F O [^O L ]T <[ ^W 8XTR VL [^U L 1 ] RV[ ^J [Q^ G XVX ^I QA 5 ^[ ^=[ 9X U] ^J ^ R A X ^ S ] RR] U[ V^ L X T LV V[ J T [T <[ ^] RV] U[ ,^[ T L1 ]^R ] ^U ] RJ ]T V^R A Q^V ] UUV X UX ^ V [ Q[ T X ,^9 ] T ]^U Q[ RL [ V[ ^J [QQ[ > G Z^ T ^=X UE [VX ^J 8 V [ Q] F LcfA M Rf X c` ade ` ef_c fZ ^e ^b U cadW c f] Y _f ^ d_c ] db f[ e__c fL d e` Vc
D Ze` fe f[ e__e fL d e` Ve fR` ae ^` cVdb `c_dT f
L cfL d e` Vc fZ Y/ fe ]]e ^e f^ d_c ] dc ac fc fZ c^ad^ e f[ c_f b X ZdX e` ab f[ e__C b aa c Wb fc ` ` b f[ df e aH
6 _c ]]e fB @<4>fe fS d` b fc _f b `]e U YdX e` ab f[ e_f $ 5 fc ` ` b f[ df e aH f6 _c ]]e f< 4 $>T f
@ ;FD ^7 W OZH ZS 0
LcfL d e` Vc fK cfU e` e^c _X e` ae fW c _d[ da H f[ c__c f[ cac fe f[ c__C b ^c ^db f[ e_f ^d_c ] db fSd` b fc _f - < [ d eX P^e fB @BBTf L cfW c _d[ da H Qf ^ dZ b^ac ac f] Y _f ^ e a^ b f[ e__c fL d e` Vc Qf 3 f b X Y`; Yef] Y P b^[ d` cac c __c f[ cac f[ df ] c[ e` Vc f[ e_f e^adS d cab f[ df d[ b`eda H fc U b`d] ad cf K ef[ df ] b _da b f` b `f b d` d[ e b `f_c f] c[ e` Vc f] b _c ^e f[ e__ c fL d e` Vc Tf L cfZ ^b e [ Y^c fZ e^f Z ^b ^b Uc^e f_c fW c _d[ da H f[ e__c L d e` Vc fSd` b fc _f X c]]dX bfc _f - <f[ d eX P^e fB @B BQf d` f c]b f[ df ] c [ e` Vc f[ e_f e^adS d cab f[ d d[ b`eda H fc U b`d] ad cQf3 f` b ^X cac fc __C c ^aTf< BTB Tf I [fd` ae U ^c Vdb `ef[ df ; Yc` ab f] b Z ^c fe ]Z b]ab f b X efZ ^d` dZ db fU e` e^c _e Qf ] df Z ^e d] c ` b f_e [ dW e ^] e f c]d] ad K ef< >f e fB >f K ef] df Z b]]b `b fd` b `a^ c ^e fZ e^f _e fL d e` Ve f K efW e ` U b`b
^d_c ] dc ae f` edf X e]df [ df ` b We X P^e fe f[ d eX P^e fB @B<Tf < > Ld e` Ve f^d_c ] dc ae f` edf X e]df [ df ` b We X P^e fe f[ d e X P^e fB @ B<fc fSc Wb ^e f[ df Z d_b adf ` b ` _d e` Vdc adf ` e_f B @B<5 <I >fV c _d[ da H fdX Xe[ dc ac f` e_f c]b fd` f Y df d_f M bab fM _Y P f[ df Y df c __c f^ d K de ]ac fc P Pdc fe ]Z _e ac ab
_e fZ ^b e[ Y^e fZ ^e Wd] ae fZ e^f_c fR dc SS d_ dc Vdb `e4
<0 >fV c _d[ da H f[ c_f < :< :B @BBf` e_f c]b fd` f Y df d_f M TM Tf[ df Y df c __c f^ d K de ]ac fc P Pdc fe ]Z _e ac ab f_e Z ^b e[ Y^e fZ ^e Wd] ae fZ e^f_C I SS d_ dc Vdb `ef6M bab fM _Y P f[ df ` Yb Wc f b ]ada Y Vdb `e>T
B > Ld e` Ve f^d_c ] dc ae f` edf X e]df [ df ` b We X P^e fe f[ d e X P^e fB @B <fc fSc Wb ^e f[ df Z d_b adf U dH _d e` Vdc adf ` e_f B @B<5 B I >f V c _d[ da H fdX Xe[ dc ac f` e_f c]b fd` f Y dQ f b _a ^ e fc [ fe ]]e ^e f] b [ [d] Sc aab fd_f Z Y`ab f< I >Q f d_
Z d_b ac f^ d K de [ cfY `cfL d e` Vc f[ dW e ^] c f b X efa dZ b_b Udc f^ d] Z eaab fc f; Ye__c f[ df Y df 3 fd`
Z b]]e ]]b f6c [ fe ]e X Zdb fZ d_b ac fada b _c ^e f[ df L d e` Vc fV e _b da H fB @B <f K ef^d K de [ e Ld e` Vc fA Yb ^d] a^ c [ cf` e_f B @BB>4
L d e` Ve fI Ub`d] ad K e

43
L d e` Ve L d e` Ve fI Ub`d] ad K e
@;F$ ^H P I?G YM SZ^M YI YK KW N Z
9e^fb aae ` e^e fY `cfL d e` Vc fA M Rf3 f` ee]]c ^dc f_c f] e U Ye` ae f[ bY X e` ac Vdb `e5
= Mb[ Y_b f^ d K de ]ac fL d e` Vc fA M Rf B @ BB4
= Abab b Z dc fS ^ b `ae :^e a^ b f[ df Y `f[ bY X e` ab f[ df d[ e` ada H fd` f b ^] b f[ df W c _d[ da H 4
= Abab b Z dc f[ e_f M b[ d efA d] c_e f6` b `f` ee]] c ^dc f` e_f c]b fd` f Y df W e ` U cfZ ^e ]e ` ac ac f_c
M c^ac f[ df R[ e` ada H fJ _e aa ^ b `d c f fM RJ f fd` f; Yc` ab fU dH f^ dZ b^ac ` ae fa c _e f[ cab >4
= Ve ^] c X e` ab f[ e__C dX Zb^ab f[ cf b ^^d] Z b`[ e^e f] e b `[ bf_e fX b[ c_da H f[ df Y df c __C c ^aT< &T 9 e^f df X d` b ^df K ef^d K de [ b`b fL d e ` Vc Qf b _a ^ e fc __c f[ bY X e` ac Vdb `ef] b Z ^c fe _e ` cac Qf 3 ` ee]]c ^db fZ ^e ]e ` ac ^e 5 = 8d K dc ^c Vdb `ef[ df I ]]e ` ]b fL d e` Vc fA M Rf B @BBQf ] b aab ] ^da ac f[ cfe ` a^ c X Pdf df U e` da b ^df b ` c__e U cae f_e f b Z de fS^ b `ae :^e a^ b f[ edf [ bY X e` adf [ df d[ e` ada H f[ df ; Ye]aCY _a dX dQ f d` f b ^] b f[ d Wc _d[ da H Tf? e_f c]b fd` f Y df ` b `f] dc fZ b]]dP d_e fZ ^e ]e ` ac ^e f_c f[ d K dc ^c Vdb `ef[ df c ]]e ` ]b f b ` _c f ]b aab ] ^dV db `ef [df e` a^ c X Pdf U_df e]e ^ e` adf _c f ^e ]Z b`]c P d_da H f Ue` da b ^dc _e Qf 3 d` [ d] Z e` ]c P d_e fZ ^e ]e ` ac ^e f b `U ^Y cf[ bY X e` ac Vdb `efc aa e ]ac ` ae fac _e fdX Zb]]dP d_da H b X eQf c fada b _b fe ]e X Z_dS d c adW b fX cf` b `fe ]c Y ]adW b Qf e We ` aY c_e f e^adS d cab f[ df X b^ae Q e^adS d cab f[ df Sc X dU _dc Qf ] e ` ae ` Vc f[ e_f U dY [ d eQf e Tf R_f M bX da c ab fR eU db `c_e Qf Z ^dX cf[ d ^d_ c ] dc ^e f_ c fL d e` Vc Qf[ bW^H fc ; Yd] d^ e fd _ fZ ^e We ` adW b fP e` e]ac ^e f[ cfZ c^ae f[ e_f b X Zeae ` ae U SS d db fA e[ e^c _e Qfd _f; Yc_e f] df^ d] e ^W c fd _f[ d^ da a b f[ df^ d K de [ e^e fY _a e ^db ^e f[ bY X e` ac Vdb `efZ e^ Sb ^X Y_c ^e fd_f ] Y b fZ c^e ^e f d^ cf_c fZ ^c ad cf^ d eWY ac Tf R _f M bX da c ab fR eU db `c_e f` b `f[ bW^H fd` We ef K de [ e^e fd_f P e` e]ac ^e fc __C U SS d db fA e[ e^c _e b X Zeae ` ae f` e_f c]b fd ` f Y df_ c fX c` cac f] b aab ] ^dV db `ef[ e__c f[ d K dc ^c Vdb `ef[ dfc ]] e ` ]b [ cfZ c^ae f[ df e ` a^ c X Pdf df U e` da b ^df ] dc f[ bWY ac fc __c fZ ^e X caY ^c f] b X Zc^] c f[ df Y `b f[ edf [ Ye4 d` f; Ye]ab f c]b f] c ^H f] Y SS d de ` ae f^ d K de [ e^e f b Z dc f[ e_f e^adS d cab f[ df X b^ae fe Qf` e_f c]b fd` Y df d_f M bX da c ab fR eU db `c_e f_b f^ da e ` U cfb Z Zb^aY `b Qf_c f b Z dc f[ e__b f] ac ab f[ df S c X dU _dc Tf = Le ]]e ^c X e` ab fc __c fA M Rf [ df Y `b f[ eU _df e ]e ^ e` adf _c f^ e ]Z b`]c P d_da H fU e` da b ^dc _e Tf ? e_f c]b d` f Y df d_f U e` da b ^e fd` fZ b]] e ]] b f[ df L e ]]e ^c fA e[ e^c _e Qf` e_f b ^] b f[ e_f B @BB QfZ e^[ cf_c fZ bae ]aH ] Y _fX d` b ^e fb f] dc f b _Z da b f[ cfY ` fZ ^b WWe [ dX e` ab f[ d] dZ _d` c^e f K ef b X Zb^adf_ c f^ e Wb cf[ ed [ d^ da adf _e U cadf c _f ae ]]e ^c X e` ab Qf c SS d` K f] dc fZ ^b ^b U cac f_c fW c _d[ da H f[ e__c fL d e` Vc f[ e_ X d` b ^e ` `eQf3 fb P P_dU cab ^db fd_ f a e ]]e ^c X e` ab fc __c fA e[ e^c Vdb `ef[ e__C c _a ^ b fU e` da b ^e Tf 4 2 B 0 >fV c _d[ da H f[ c_f< :< :B @BBf` e_f c]b fd ` f Y dfd _fZ d_b ac f^ d` ` b Wdf_ c f] ae ]]c fa dZ b_b Udc f[ dfL d e` Vc Q c fZ ^e ] d` [ e^e f[ c_f S c aab f K efd_f M bab fM _Y P f[ df Y df c __c f^ d K de ]ac f] dc fb fX e` b fY `fM bab M _Y P f[ df ` Yb Wc f b ]ada Y Vdb `eT ? e_f c]b f[ df L d e` Ve f^ d_c ] dc ae fJ XCX^Q^ @ '@ 'D ;DDQf c fZ ^e ] d` [ e^e f[ c_f S c aab f K efd_f M bab M _Y P f[ df Y df c __c f^ d K de ]ac f] dc fb fX e` b fY `fM bab fM _Y P f[ df ` Yb Wc f b ]ada Y Vdb `eQf_c fW c _d[ da H [ e__c fL d e` Vc Qf] e X Z^e fd ` [ d cac f] Y _f^ e a^ b f[ e__c f] ae ]]c QfK cfd ` dV db f[ c__c f[ cac fe f[ c__C b ^c ^db [ e_f ^ d_c ] db Tf @ ;F, ^K P KB YM KZP MY^H YOOY ^O ZI YM :Y LcfA M RQf[ CY SS d db fb f] Y fd] ac ` Vc f[ e__c fM bX Xd] ]db `efM e[ d cfA e[ e^c _e Qf] df ^ d] e ^W c fd_f [ d^ da ab f[ d ]b ]Z e` [ e^e f_c fL d e` Vc fd` fW dc f cY ae _c adW c Qf` edf ] e U Ye` adf c]d5 = MbX Y`d cVdb `ef[ cfZ c^ae f[ eU _df D ^U c` df b X Zeae ` adf [ df ] b ]Z e` [ e^e f_C d[ b`eda H f^ d_c ] dc ac 4 = I; Yd] dV db `ef[ dfc aadf b X Z^b Wc ` adf_ c f` b `f^ e U b_c ^da H f[ e__c f[ bY X e` ac Vdb `efZ ^e ]e ` ac ac 4 = I; Yd] dV db `ef[ df c aadf K ef b X Zb^ad` b fd_f [ ec[ e^e f[ edf Z ^e ]Y Z Zb]adQ f K efe ^c ` b f] ac adf d` Z ^e e[ e` Vc fc __c fP c]e f[ e_f ^ d_c ] db f[ e__c fL d e` Vc 4f = R` Sb ^aY `db fd` Wc _d[ c` ae f Sd` b fc_f ^e Y Z e^b f[ e__b f]ac ab f[ df ]c _Y ae Qf e^adS d cab f[ c__c M bX Xd] ]db `efM e[ d cT L cf] b ]Z e` ]db `ef b X Zb^ac fd_f [ ec[ dX e` ab f[ e__c f b Z e^aY ^c fc ]]d Y ^c adW c T L cf] b ]Z e` ]db `ef[ ec[ efc _f W e ` d^ fX e` b f[ e__e f b `[ dV db `df K ef_C K c` `b f cY ]c ac fe fZ ^e Wdc ` b adS d cfY SS d dc _e f[ cfZ c^ae f[ e__c fA M RTf @ ;F ^G PH?OZK SZI W LcfX b[ Y_d] ad cf3 f^ e Z e^dP d_e f] Y _f ] da b fS e [ e^c _e f" ""F= ] J ]UE XVX FV R f M bab fM _Y P Qf Y `cfW b _a c f^dc SS d_dc adf c __c fA e[ e^c Vdb `eQf Z b]]b `b f] ac X Zc^e f[ c_f ] d] ae X c d` Sb ^X cadW b fS e [ e^c _e Qfa ^ c X da e f_c fZ ^b Z ^dc fY ae ` Vc fe fZ c]]( b^[ Qfdf X b[ Y_df [ df ^ d` `b Wb fL d e` Vc B @BBf6 b X Z^e ]c f_c fJ 70 d e >f [ edf Z ^b Z ^df L e ]]e ^c adQ f U dH fZ ^e b X Zd_c adf b `fdf [ cadf c ` cU ^c Sd d
[ e_f ^ d K de [ e` ae Tf

44 45
? e_f c]b f[ df Z e^[ da c fb f] b ]Z e` ]db `efae X Zb^c ` ecf[ e__c fZ bae ]aH fU e` da b ^dc _e Qf 3 fZ de ` c
^e ]Z b`]c P d_da H f[ e_f U e` da b ^e f b X Y`d c^_b fc _f M bab fM _Y P Qf c SS d` K f; Ye]aCY _a dX bfZ b]]c
X eaae ^e fd` fc aab f b `fd_f M bX da c ab fR eU db `c_e fa Y aae f_e fZ ^b e[ Y^e f` ee]]c ^de Tff
L ^c f_c f[ bY X e` ac Vdb `ef[ cfZ ^e ]e ` ac ^e fZ e^f^ d K de [ e^e f_c fL d e` Vc Qf ` b `fW c fc __e U cac f_c
b Z dc f[ e_fM e^adS d cab f[ dfR [ b`eda H fI Ub`d] ad cQf] e f` b `f] Y fe ]Z ^e ]]c f^ d K de ]ac f[ eU _dfU SS d d
A e[ e^c _df b X Zeae ` adT
@ ;F# ^B N P IYH ?NW^H Z^N ZI )ZY K SW
L cf[ bY X e` ac Vdb `efZ ^e Wd] ac f6W e [ df c ^aTf < @T5 >f [ eWe fe ]]e ^e fa^ c ]X e]]c f[ c_f M bab fM _Y P
c__C b ^U c` b f b X Zeae ` ae fd_f ^ d_c ] db f6M bTR eTfb fA M R>fa ^ c X da e fY `cf[ e__e f] e U Ye` adf X b[ c_da H 5
= a^ c X da e fZ b]ac fb f b `]e U `cac fc fX c` b f6d` fb ^dU d` c_e >4
= a^ c X da e fY ae ` Vc fS e [ e^c _e fZ e^f_c f Y df Z ^b e[ Y^c f] df ^ dX c` [ cfc __C c ^aT< <T< 54 = a^ c X da e f c]e __c f[ df Z b]ac fe _e aa^ b `d cf e^adS d cac f69 JM >f [ e_f M bab fM _Y P Qf Z e^f_e f Y d
Z ^b e[ Y^e f[ df c aadW c Vdb `efe :b f[ df Z c]]c U Udb f] df ^ dX c` [ cfc __C c ^aT4 T
L cf c]e __c f[ df Z b]ac fe _e aa^ b `d cf e^adS d cac f[ c__c f; Yc_e fZ ^b Wde ` ef_c f[ bY X e` ac Vdb `e
[ eWe f b d` d[ e^e f b `f; Ye__c f^dZ b^ac ac f` e__c f] K e[ cf[ e_f M bab fM _Y P Qf ^e U d] a^ c ac f` e_
]d] ae X cfd` Sb ^X cadW b fSe [ e^c _e Tf L cfZ b]ac fe _e aa^ b `d cf e^adS d cac fZ e^fc ]]Y X e^e fW c _b ^e
_e U c_e f[ eWe fe ]]e ^e fd` [ d^ dV Vc ac fc [ fc _a ^ c f9 JM Tf
L cf[ bY X e` ac Vdb `ef^ d K de ]ac fZ e^fZ ^b e[ e^e fc _f^ d_c ] db f[ e__c fL d e` Vc Qf] b Z ^c aaY aab f` e_
c]b f[ df[ bY X e` adfc __e U cadfc __c fZ ^b e[ Y^c f` b ^X cac fc __C c ^aT< <T< 5fb fa ^ c ]X e]]dfW dc f9 JM Q [eWe fe ]]e ^e f K dc ^c X e` ae f_e U UdP d_e fe fa ^ c ]X e]]c fZ ^e Se ^dP d_X e` ae fd` fS b ^X cab fZ [STf Rf[ bY X e` adf U dY [ d cadf ` b `f] Y SS d de ` ae X e` ae f_e U UdP d_df [ c__C b ^U c` b fe ^b Uc` ae fd_f ] e ^W dV db ` b `fZ ba^ c ` `b fe ]]e ^e f b `]d[ e^c adf W c _d[ df Z e^fZ ^b e[ e^e fc _f ^ d_c ] db f[ df ; Yc` ab f] Z eaac ` ae T L cf^ d K de ]ac f[ df L d e` Vc f[ eWe fe ]]e ^e fZ ^e ]e ` ac ac f b `f b `U ^Y b fc ` ad dZ bQf^ d K de [ e` [ b _C e ^b UcVdb `ef[ e_f ] e ^W dV db fY `f_c ]]b f[ df ae X Zbf[ df c _X e` b f< 5fU db ^` df Z e^f_C e Wc ]db `e [ e__c fZ ^c ad cTf R_f X c` cab f^ d] Z eaab f[ e__c fae X Zd] ad cfX e` Vdb `cac fZ ba^ H f b X Zb^ac ^e f_C c Z Z_d cVdb `ef[ d Y`f[ d^ da ab f[ CY ^U e` Vc Qfd` f_d` ecf b `f; Yc` ab f] ac P d_da b f[ cf dc ] Y `fM bX da c ab fR eU db `c_e Qf] dc d` fa e ^X d` df [ df dX Zb^ab f K ef[ df _c ]]b f ^b `b _b Ud b T LcfZ b]]dP d_da H f[ df Z ^e We [ e^e fY `f[ d^ da ab f[ CY ^U e` Vc f3 fY `fZ ^d` dZ db f[ df X c]]dX cf K ef` b ` a^ b Wc fZ e^/ fc Z Z_d cVdb `ef` e_f c]b f[ e__e fL d e` Ve fA Yb ^d] a^ c [ cfD `efJ We ` af e [ fJ 70 d e D `efJ We ` af^ d_c ] dc ae f[ d^ e aac X e` ae f[ c_f M bab fM _Y P T Ld e` Ve L d e ` Ve fI Ub `d] ad K e @;F ^G PHWOZS 0 ^H Z^B W 4 WG YM SP = R_fZ cU cX e` ab f[ e__e fL d e` Ve fA M Rf[ eWe fe ]] e ^e fe SS e aaY cab f` e__e fX b[ c_da H fd ` [ d cae c _f ] Y e]]dW b fc ^aT< &T = R_f Z cU cX e` ab f[ e__e fL d e` Ve fA M RfZ e^fZ d_ b adf ] a^ c ` de ^df e f[ e__e fL d e ` Ve fR ` ae ^` cVdb `c_d [ eWe fe ]]e ^e fe SS e aaY cab f[ cfZ c^ae f[ e_f M bab fM _Y P f^ d K de [ e` ae fc _f ] e U Ye` ae fR0 I? 5 RL 4$U @<@@5@--@@@@@@@@<@<@Bf6W e [ df c ^aT< &>T
@ ;F ^K YN 7Z: Z^W 4 4Z? MSZ7 Z
fZ b]]dP d_e f^ d K de [ e^e f] Y __c fL d e ` Vc fI Ub`d] ad c fdf ] e U Ye` adf ] e ^W dV df c U UdY `adW d5
B R] A J XTE X5
%fB 5Q@ @f[ cfW e ^] c ^e fc _f M bX da c ab fR eU db `c_e fb fc __c fA M Rfc f] e b `[ cf[ e__c f] e [ efZ ^e Z b]ac
c _f ^d_c ] db Tf 9 Y/ f e]]e ^e f ^d K de ]ab f ]dc f b `ae ]aY c_X e` ae f K ef ]Y e]] dW c X e` ae
c __C e X d] ]db `ef[ e__c fL d e` Vc T
Y RV] T RX T]^7 ]QX LV + ’Y RV] T RX T]^> AX UR VU [ J [5f
% 4@Q@ @f[ cfW e ^] c ^e fc _f M bTR eTf b fc __c fA M Rf c f] e b `[ cf[ e__ c f] e [ efZ ^e Z b]ac fc _f ^ d_c ] db
6 % @Q@ @f Z e^f J ]ae ` ]db `ef Ve _b da H f ]Y __c f L d e` Vc f M d` dD SS ^ b c[ fef Z e^f J ]ae ` ]db `e
A Yb ^d] a^ c [ cf] Y __c fL d e` Vc fM d` dR bc[ >Tf 9 Y/ fe ]] e ^e f^ d K de ]ac f] dc f b `ae ]aY c_X e` ae
K ef] Y e]]dW c X e` ae fc __C e X d] ]db `ef[ e__ c fL d e` Vc Tf
B ]VVX U[ Q] 5f
[ cfW e ^] c ^e fe f^ d K de [ e^e fc _f M bX da c ab fR eU db `c_e Qf ` e_f ^ d] Z eaab f[ e__e fX b[ c_da H fd` [ d c ae
[ cf; Ye]aCY _a dX bT
? e_f c]b f[ df S e^W dV df I UUdY `adW df ^ d K de ]adf [ bZ bf_C e X d] ]db `ef[ e__c fL d e` Vc Qf3 f` ee ]]c ^db
b f_c f^ d] ac X Zcf[ e__C e ad K eaac f[ cfZ c^ae f[ e_f M bab fM _Y P Qfb Z ZY^e fd_f ` Yb Wb f[ b( `_b c[ f[ e__c
L d e` Vc fa ^ c X da e fM *A M RQfZ e^f_c f Y df Z ^b e [ Y^c f] df ^ dX c` [ cfc __C c ^aT< 5T 46 4b @ @F^S W 6 YOOW ^O ZI YM :Y^W 4 P MZK SZI )Y^> G Z
7Y OP IZS 0
>? P NZK SN WH W
7Y OP IZS 0 ’> ? P NZK SN WH W
Ld e` Ve Ld e ` Ve fI Ub `d] ad K e
W (^7 Y OP IZS 0
@@F@ ^G ZM ZN P WH
9Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ eU _df ” fc ` `df [ df e aH T
Vc _d[ cfZ e^fe SS e aaY c^e fc __e ` cX e` adfe fZ c^ae dZ c^e fc fX c` dS e ]ac Vdb `dfc U b`d] ad K ef] e b `[ b
; Yc` ab f` b ^X cab f` edf R eU b_c X e` adf S Zb^adW df [ df S Ze dc _da H Tf
R f Z d_b adf d` fZ b]]e ]]b f[ edf ^ e ; Yd] da df c ` cU ^c Sd df 6 b X ZdX e` ab f[ e_f < 4 fc ` `b f[ df e aH >f e fb We
Z ^e Wd] ab f` e_f R eU b_c X e` ab fV e _b da H Qf W e ` U b`b fe ; YdZ c^c adf c __c f cae U b^dc f] Y Z e^db ^e Q
]e ` Vc f^ d K de [ e^e fd_f cX Pdb f[ e__c fL d e` Vc Tf
R ` f c]b f b `a^ c ^db f3 fZ b]]dP d_e fe SS e aaY c^e fd_f Z c]]c U Udb f[ cfL d e` Vc fM d` dR bc[ fc
L d e` Vc fV e _b da H Qf Z ^e ]e ` ac ` [ bfY `cf` Yb Wc f^d K de ]ac fe fW e ^] c ` [ bf_C d` ae U ^c Vdb `e
eb `b X d cfZ ^e Wd] ac T
@@FD ^7 Y OP IZS 0
9 Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ edf < 4fc ` ` df [ df e aH T Vc _d[ cfZ e^fe SS e aaY c^e fc __e ` cX e` adf e fZ c^ae dZ c^e fc fX c` dS e ]ac Vdb `df c U b`d] ad K ef] e b `[ b ; Yc` ab f` b ^X cab f` edf R eU b_c X e` adf S Zb^adW df [ df S Zedc _da H Tf R f Z d_b adf d` fZ b]]e ]]b f[ e__c fL d e` Vc fV e _b da H fZ b]]b `b fe SS e aaY c^e fd_f Z c]]c U Udb fc __c L d e` Vc fV e _b da H fJ _da e Qf Z ^e ]e ` ac ` [ bfY ` cf` Yb Wc f^ d K de ]ac fe fW e ^] c ` [ bf_C d` ae U ^c Vdb `e eb `b X d cfZ ^e Wd] ac T @@F, ^7 Y OP IZS 0 ^Y OZS Y 9 Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ edf B Bfc ` ` df [ df e aH T Vc _d[ cfZ e^fe SS e aaY c^e fc __e ` cX e` adf e fZ c^ae dZ c^e fc fX c` dS e ]ac Vdb `df c U b`d] ad K ef] e b `[ b ; Yc` ab f` b ^X cab f` edf R eU b_c X e` adf S Zb^adW df [ df S Zedc _da H T @@F ^7 Y OP IZS 0 ^P MY^Y 7Y M S 9Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ edf < 4fc ` `df [ df e aH T M R? RR D I8 %f& @Q@ @ "7< -fc ` `d V J LD MRL  %f< 5@Q@ @ fffffffffffff <47$ 5fc ` `d V J LD MRL  fJ LRL J %f- @Q@ @ ffffffffffff BB7$ 5fc ` `d V J LD MRL  fJ LRL J fA J M MR? RL J %f< 5@Q@ @ ffffffffffff BB7$ 5fc ` `d V J LD MRL  fD ?JfJ VJ ? L %f" @Q@ @ ffffffffffff <47$ 5fc ` `d J S LJ ? SRD ?JfA U D RRS LR I8 I %f4 @Q@ @ ) ^c aY da c fZ e^fdf a da b _c ^df [ df L d e` Vc fM d` dR bc[ ? b`fZ Y/ fe ]]e ^e f^ d K de ]ac f[ cdf a da b _c ^df [ df L d e` Vc fV e _b da H fD `efJ We ` a A U D RRS LR I8 If %f< 5@Q@ @ ffffffffffff <47$ 5fc ` `d A U D RRS LR I8 IfJ LRL J f %f- 4@Q@ @ ffffffffffff <47$ 5fc ` `d A U D RRS LR I8 IfD ?JfJ VJ ? L %fB 5Q@ @ ffffffffffff <47$ 5fc ` `d J S LJ ? SRD ?JfV J LD MRL  f %f4 @Q@ @f ) ^c aY da c fZ e^fdf a da b _c ^df [ df L d e` Vc fM d` dD SS ^ b c[ ? b`fZ Y/ fe ]]e ^e f^ d K de ]ac f[ cdf a da b _c ^df [ df L d e` Vc fA Yb ^d] a^ c [ cfD `efJ We ` a M R? RD AAR D I8 %f& @Q@ @ "7< -fc ` `d I SSRS LJ ? LJ fL R RI L %f" @Q@ @ ffffffffffff <"7$ 5fc ` `d J 70 R JfD ?JfJ VJ ? L %f< @Q@ @ ffffffffffff <47$ 5fc ` `d J 70 R Jffffffffffffffffff %fB @Q@ @ ffffffffffff <B7< -fc ` `d fffffffffffffffffffffffffffffff %f4 @Q@ @ ffffffffffff <47$ 5fc ` `d L R IR? R? ) ffffffffffffff %f$ 5Q@ @ ffffffffffff "7$ 5fc ` `d 49 9 Y/ fe ]]e ^e f^ d_c ] dc ac fZ e^fY `fX c]]dX bf[ df [ YefW b _a e f` e_f b ^] b f[ e__c fS ac U db `efS Zb^adW c f7 e eVdb `fS c aac fZ e^fdf Z d_b adf c SS e aadf [ cf[ eae ^X d` cae f[ d] c P d_da H f6 W e [ c]df ] Y _f Z Y`ab f_C c ^aT< BT4 >f7
[ bZ bf_e f; Yc_df ] c ^H fb P P_dU cab ^db fZ c]]c ^e fc __c fL d e` Vc fV e _b da H fJ _da e Qf Y ]Y S^ Y e` [ bf[ df Y `
^e [ da b f b ^^d] Z b`[ e` ae fc __C dX Zb^ab fW e ^] c ab fZ e^f_e fL d e` Ve fD `efJ We ` af b `]e U Yda e 5f
= %”@Q@ @f` e_f c]b fd ` f Y dfd _f_ d e` Vdc ab fc P Pdc f b `]e U Yda b f` T< fL d e` Vc fV e _b da H fD `efJ We ` a Z ^dX cf[ df ^ d K de [ e^e f_c fL d e` Vc fV e _b da H fJ _da e 4 = %<&@Q@ @f` e_f c]b fd` f Y df d_f Z d_b ac fc P Pdc f b `]e U Yda b f` TB fL d e` Ve fV e _b da H fD `efJ We ` a Z ^dX cf[ df ^ d K de [ e^e f_c fL d e` Vc fV e _b da H fJ _da e T 9 Y/ fe ]]e ^e f^ d_c ] dc ac fc df ada b _c ^df [ df L e ]]e ^c fM eX Pe^fb fS Zb^aQf K ef` b `f] dc ` b fZ e^/ fd` Z b]]e ]]b f[ df Y`cf ; Yc_Y `; Yef Ld e` Vc f A M Rf B@BBTf L^c aac ` [ b]df [ df Ld e` Vc f Wc _d[ c Y`d cX e` ae Qf c ` K ef] Y _f Z dc ` b fc ]]d Y ^c adW b Qf Z e^f_c fX c` dS e ]ac Vdb `efZ e^f_c f; Yc_e fW de ` e ^d_c ] dc ac Qf ` b `fW de ` efc Z Z_d cab fd_f ^e [ da b fZ ^e Wd] ab fZ e^fd_f Z c]]c U Udb f[ cfL e ]]e ^c fS Zb^afc L d e` Vc fI Ub`d] ad cQf d` f; Yc` ab fd_f L e ]]e ^c ab f^ dX c` efa da b _c ^e f[ e__c fL e ]]e ^c fS Zb^afd` f] Y b Z b]]e ]]b Tf L cfL d e` Vc fV e _b da H fD `efJ We ` af b `]e ` ae f[ df Z ^e ` [ e^e fZ c^ae fc f[ eae ^X d` cae X c` dS e ]ac Vdb `dfd ` [ d cae f[ cdfM bX da c adfV e _b da H fe fM bab fJ Zbcf` edf^ d] Z eaadW dfR eU b_c X e` ad S Zb^adW df [ df ] Z edc _da H QfZ e^X eaae ` [ bf_C c ; Yd] dV db `ef[ edf Z Y`ae U Udf [ df U c^c f_e U cadf c __c f] b _c X c` dS e ]ac Vdb `eQfX cf` b `f_C c ; Yd] dV db `ef[ df Z Y`ae U Udf W c _d[ df Z e^fd_f L ^b Se b :M cX Zdb `cab Tf L cfL d e` Vc fV e _b da H fD `efJ We ` afZ Y/ fe ]]e ^e fY ad_dV Vc ac f] b _c X e` ae fZ e^f_c fX c` dS e ]ac Vdb `e Z e^f_c f; Yc_e f3 f] ac ac f^ d K de ]ac fe f^ d_c ] dc ac Tf ? e_f c]b fd` f Y df _c fX c` dS e ]ac Vdb `efW e ` U cfc ` `Y__c ac f[ c__C b ^U c` dV Vc ab ^e fZ e^f cY ]e f[ d Sb ^V c fX cU Udb ^e Qfd_f M bab fM _Y P fZ ba^ H f^ d K de [ e^e fc _f M bX da c ab fR eU db `c_e 5f = _c f] b ]ada Y Vdb `ef[ e__c fL d e` Vc f b `fY `Cc _a ^ c fV e _b da H fD `efJ We ` aQfZ e^f_b f] ae ]]b fZ d_b ac 4 = _C c ` `Y__c X e` ab f[ e__c fL d e` Vc fe X e]]c f K ef b X Zb^ae ^H 5 7 d_f ^ dc ^e [ da b f[ e__C dX Zb^ab Qf] e fW e ^] c ab f b `f c^ac f[ df ^e [ da b 4 7 _c fZ b]]dP d_da H f[ df Y ad_dV Vc ^e f_C dX Zb^ab f b X ef ^e [ da b f[ d] Z b`dP d_e Qf] e fW e ^] c ab f b ` P b`dS d b fP c` c^db T ? e_f c]b fd` f Y df d_f Z d_b ac Qf Z e^f b X Z^b Wc ae fe fX badW c ae f^ c U db `df  f b X efc [ fe ]e X Zdb fY ` d` Sb ^aY `db f f` b `fZ b]]c fZ ^e ` [ e^e fZ c^ae fc __c fX c` dS e ]ac Vdb `eQf d` ae ` [ e` [ bf b `fac _e a e ^X d` ef_C d` dV db f[ e__e fb Z e^c Vdb `df Z ^e _dX d` c^dQ f d_f M TM Tf ` b `fZ ba^ H f^ d K de [ e^e fc _f M bTR eT _C c ` `Y__c X e` ab f[ e__c fL d e` Vc Qf X cfY `d cX e` ae f_c f] b ]ada Y Vdb `ef b `fY `Cc _a ^ c fL d e` Vc [ e__c f] ae ]]c fa dZ b_b Udc f6V e _b da H fD `efJ We ` a>Tf
R_f M bTR eTQfY `cfW b _a c fZ e^W e ` Yac f_c f^ d K de ]ac f[ cfZ c^ae f[ e_f M TM TQf] dc fZ e^f_C c ` `Y__c X e` ab
K efZ e^f _c f] b ]ada Y Vdb `ef[ e__c fL d e` Vc Qf [ bW^H fd` ae ^Sc dc ^] df b `f_c f] e [ ef e` a^ c _e
6 _d e` Ve  Se [ e^X bab Tda >T @ @F$ ^Y K SY M KZP MY^> ? P NZK SN WH W
Rfa da b _c ^df [ df L d e` Vc fM d` dR bc[ QfV e _b da H fb fV e _b da H fJ _da e fZ b]]b `b f^ d K de [ e^e f_C J ]ae ` ]db `e
A Yb ^d] a^ c [ cQf K ef 3f U^c aY da c f Ze^f df Zb]]e ]] b ^df [df Ld e` Vc f M d` dR bc[ Qf c` K e
b `ae ]aY c_X e` ae fc _f ^ d_c ] db f[ e__c fL d e ` Vc Tf  fb P P _dU cab ^db f6] df Z ^e d] c fd` fac _f ] e ` ]b f_c
Z de ` cf^e ]Z b`]c P d_da H f[ e_f ^ d K de [ e` ae fe f[ e_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P >f K efd_f Z d_b ac
] b ]ae ` U cfc ` K efU _df c e^ac X e` adf X e[ d df ] Y Z Z_e adW df Z ^e Wd] adf Z e^f _c fW d] da c fX e[ d b 7
cU b`d] ad cf[ df a dZ bf0 fZ e^fd_f A Yb ^d] a^ c [ cT
Rf Z b]]e ]]b ^df [ df L d e` Vc f b `fJ ]ae ` ]db `efA Yb ^d] a^ c [ cfZ b]]b `b fZ c^ae dZ c^e fc fa Y aae f_e
X c` dS e ]ac Vdb `dQ f ] dc f` cVdb `c_df K efae ^^da b ^dc _dQ f K ef^ de ` a^ c ` b f` e__e f] Z edc _da H f[ e__C D SS 7
R bc[ Qf] e f` b `f[ dW e ^] c X e` ae fZ ^e Wd] ab f[ cdf R eU b _c X e` adf S Zb^adW df [ df S Zedc _d a H Tf
6 (^> ? P NZK SN WH W
@@F# ^G ZM ZP >>N P WH
9Y/ fe ]]e ^e f^ d_c ] dc ac fc _f b X ZdX e` ab f[ eU _df ” fc ` `df [ df e aH T
Vc _d[ cfZ e^fe SS e aaY c^e fc __e ` cX e` adf e fZ c^ae dZ c^e fc fX c` dS e ]ac Vdb `df c U b`d] ad K ef] e b `[ b
;Yc` ab f` b ^X cab f` edf R eU b_c X e` adf S Zb^adW df [ df S Zedc _da H TfR fZ d_b adf d` fZ b]]e ]]b f[ edf ^ e ; Yd] da d
c ` cU ^c Sd df 6 b X ZdX e` ab f[ e_f < 4 fc ` `b f[ df e aH >fe fb We fZ ^e Wd] ab f` edf R eU b_c X e` adf S Zb^adW df [ d
S Zedc _d a H QfW e ` U b`b fe ; YdZ c^c adfc __c f cae U b^dc f] Y Z e^db ^e Qf] e ` Vc f^ d K de [ e^e fd _ f cX Pdb f[ e__ c
L d e` Vc Tf R` f c]b f b `a^ c ^db f3 fZ b]]dP d_e fe SS e aaY c^e fd_f Z c]]c U Udb f[ cfL d e` Vc fM d` dD SS ^ b c[ fc
L d e` Vc fA Yb ^d] a^ c [ cQf Z ^e ]e ` ac ` [ bfY `cf` Yb Wc f^d K de ]ac fe fWe ^] c ` [ bf_C d` ae U ^c Vdb `e
eb `b X d cfZ ^e Wd] ac T
@ @F ^> ? P NZK SN WH W
O[^O L ]T <[ ^> A X UR VU [ J [^W E [VX U[ Q] ,^ T ^9 8 XU] ^=T X ^[ Q^ D ;D @,^ 9 ] T ]^T 8 QX 5[V[ ^T ]QQ[
O L ]T <[ ^> AX UR VU [ J [F^
9 Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ edf < 4 fc ` ` df [ df e aH Tf V c _d[ cfZ e^fe SS e aaY c^e fc __e ` cX e` adf e fZ c^ae dZ c^e fc fX c` dS e ]ac Vdb `df c U b`d] ad K ef] e b `[ b ; Yc` ab f` b ^X cab f` edf R eU b_c X e` adf S Zb^adW df [ df S Ze dc _da H Tf V c _d [ cfZ e^f e SS e aaY c^e fd_ ] e ^W dV db f[ df I ]]d] ae ` ae fL ^dc _f ` e__e fX c` dS e ]ac Vdb `df a e ^^ da b ^dc _df e f` cVdb `c_dQ f ] b _c X e` ae fc _ b X ZdX e` ab f[ edf < "fc ` `df [ df e aH Tf L d e` Ve L d e` Ve fI Ub`d] ad K e 48 51 L d e` Ve L d e` Ve fI Ub`d] ad K e ^C U] 9R V[ ^A T-[ 8 ]9X Q[ <X T]^] LX TX E L [^C [U^ [ Q^ $ ; ^R A QQ- E CXUVX ^J ]QQ[ ^O L ]T <[ > AX UR VU [ J [^C ]U^L X QX UX ^L 1 ]&
c> Rd K de [ b`b fL d e` Vc fA M RfZ e^f_c fZ ^dX cfW b _a c T
P > IPPdc ` b fc WY ab fL d e` Vc f] b _c X e` ae fZ ^dX cf[ e_f B @<"T > IPPdc ` b fc WY ab fZ e^fY `cf] b _c f] ac U db `ef] Z b^adW c Qf b X Z^e ]c fa ^ c fd_f B @<"fe [ fd_f B @B<Q Y `d cX e` ae f_c fL d e` Vc fA Yb ^d] a^ c [ cfI X cab ^dc _e T @@F ^> ? P NZK SN WH W^Y OZS Y
9 Y/ fe ]]e ^e f^d_c ] dc ac f]b _b fc _f b X ZdX e` ab f[ edf < 4fc ` `df [ df e aH fe f]b _c X e` ae fc [ eae ^X d` cadfZ d_b adf] Y fc ]]e U `cVdb `ef[ cfZ c^ae f[ edfM bX da c adf[ dfS Zedc _da H fS Zb^adW c f] Y __c P c]e f [ edf ^d] Z eaadW df R eU b_c X e` adf [ df S Zedc _da H Qf df ; Yc_df ]ac P d_d] b `b fdf ^da e ^df [ d caa^ dP YVdb `ef[ e_f a da b _b f[ df X e^da b fJ _da e fe f[ e__c f^ e _c adW c fL d e` Vc TfL cf; Yc_dS d cfJ _da e f3 fW c _d[ c d` f_d` ecfU e` e^c _e f` e__c f] Z edc _da H fZ e^f; Yc_e fW de ` efc ]]e U `cac Qf ] e f` b `f[ dW e ^] c X e` ae ] Z edS d cab f` e_f R eU b_c X e` ab fS Zb^adW b f[ df S Zedc _da H Tf V c _d[ cfZ e^fe SS e aaY c^e fc __e ` cX e` adf e fZ c^ae dZ c^e fc fX c` dS e ]ac Vdb `df c U b `d] ad K ef] e b `[ b ; Yc` ab f` b ^X cab f` edf R eU b_c X e` adf S Zb^adW df [ df S Zedc _da H Tf Rf R eU b_c X e` adf R eU db `c_df [ d dc ] Y `cf] Z edc _da H fZ b]]b `b f^e U b_c X e` ac ^e f_C c X Xd] ]db `ef[ edf Z d_b adf J _da e fc __e fU c^e a e ^^da b ^dc _dT f V c _d[ cfZ e^fe SS e aaY c^e fd_f ] e ^W dV db f[ df I ]]d] ae ` ae fL ^dc _f ` e__e fX c` dS e ]ac Vdb `d ae ^^da b ^dc _df e f` cVdb `c_dQ f] b _c X e` ae fc _f b X ZdX e` ab f[ edf < "fc ` `df [ df e aH Tf @ @F ^> ? P NZK SN WH W^P MY^Y 7Y M S
9Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ edf < 4fc ` `df [ df e aH Tf 8 dW e ^] c X e` ae f[ c__c fL d e` Vc fV e _b da H fD `efJ We ` aQf` b `f3 fZ ^e Wd] ab fY `f` YX e^b fX c]]dX b [df L d e` Ve fA Yb ^d] a^ c [ cfD `efJ We ` af K efd_f Z d_b ac fZ Y/ f] b aab ] ^dW e ^e f` e_f b ^] b f[ e__c S ac U db `efS Zb^adW c Tf7 ] T ]^U Q[ RL [ V[ ,^L X E ]^Q ] ^[ QV U ] ^O L ]T <] ,^A TL [E ]T V] ^ T ^= X UE [VX J 8 V [ Q] ,^E [^T X T^ ^C U] 9R V[ ^Q[ ^C XRR5 QV + ^C ]U^Q^ I QA 5 ^J ^ E [V] U[ Q< <[ UQ[ F 9 Y/ fe ]]e ^e f^ d_c ] dc ac f] b _c X e` ae fc f b _b ^b f K e5 c> Rd K de [ b`b fL d e` Vc fA M RfZ e^f_c fZ ^dX cfW b _a c T
P > IPPdc ` b fc WY ab fL d e` Vc f] b _c X e` ae fZ ^dX cf[ e_f B @<"T > IPPdc ` b fc WY ab f` e_f B @B<f] b _c X e` ae fY `cfb fZ d fL d e` Ve fA Yb ^d] a^ c [ cfD `efJ We ` aTf 9 Y/ fe ]]e ^e f^d_c ] dc ac fc df ada b _c ^df [ df L e ]]e ^c fM eX Pe^f b fS Zb^aQf K ef` b `f] dc ` b fZ e^/ fd` Z b]]e ]]b f[ df Y `cf; Yc_Y `; YefL d e` Vc fA M RfB @BBTfL ^c aac ` [ b]df [ df L d e` Vc fW c _d [ cfY ` d c X e` ae Qf c ` K ef] Y _f Z dc ` b fc ]]d Y ^c adW b Qf Z e^f _c X c` dS e ]ac Vdb `efZ e^f_c f; Yc_e fW de ` ef^ d_c ] dc ac Qf ` b `fW de ` efc Z Z _d cab fd_f ^e [ da b fZ ^e Wd] ab Z e^f d_f Z c]]c U Udb f[ cfL e ]]e ^c fS Zb^af c fL d e` Vc fI Ub`d] ad c Qf d` f; Yc` ab fd_f L e ]]e ^c ab ^ dX c` efa da b _c ^e f[ e__c fL e ]]e ^c fS Zb^afd` f] Y b fZ b]]e ]]b Tf L cfL d e` Vc fA Yb ^d] a^ c [ cfD `efJ We ` af b `]e ` ae f[ df S dU Y^c ^e f` e__c f _c ]]dS d cf[ df U db ^` cac Q X cf` b `f[ df c ; Yd] d^ e fZ Y` ae U U df W c _d[ df Z e^f_c f _c ]]dS d c fU e` e^c _e T L cf Ld e` Vc f AYb ^d] a^ c [ cf D `ef JWe ` af ZY/ f e]]e ^e f Yad_dV Vc ac f ]b _c X e` ae f Ze^f _c X c` dS e ]ac Vdb `efZ e^f_c f; Yc_e f3 f] ac ac f^ d K de ]ac fe f^ d_c ] dc ac Tf ? e_f c]b fd` f Y df _c fX c` dS e ]ac Vdb `efW e ` U cfc ` ` Y__c ac f[ c__C b ^U c` dV Vc ab ^e fZ e^f cY ]e f[ d Sb ^V c fX cU Udb ^e Qfd_f M bab fM _Y P fZ ba^ H f^ d K de [ e^e fc _f M bX da c ab fR eU db `c_e 5f = _c f] b ]ada Y Vdb `ef[ e__c fL d e ` Vc f b `fY `Cc _a ^ c fA Yb ^d] a^ c [ cfD `efJ We ` aQfZ e^f_b f] ae ]]b fZ d_b ac 4 = _C c ` `Y__c X e` ab f[ e__c fL d e` Vc fe X e]]c f K ef b X Zb^ae ^H 5 7 d_f ^ dc ^e [ da b f[ e__C dX Zb^ab Qf] e fW e ^] c ab f b `f c^ac f[ df ^e [ da b 4 7 _c fZ b]]dP d_da H f[ df Y ad_dV Vc ^e f_C dX Zb^ab f b X ef ^e [ da b f[ d] Z b`dP d_e Qf] e fW e ^] c ab f b ` P b`dS d b fP c` c^db T ? e_f c]b fd` f Y df d_f Z d_b ac Qf Z e^f b X Z^b Wc ae fe fX badW c ae f^ c U db `df  f b X efc [ fe ]e X Zdb fY ` d` Sb ^aY `db f f` b `fZ b]]c fZ ^e ` [ e^e fZ c^ae fc __c fX c` dS e ]ac Vdb `eQfd` ae ` [ e` [ bf b `fa c _e fa e ^X d` e _C d` dV db f[ e__e fb Z e^c Vdb `df Z ^e _dX d` c^dQ f d_f M bab fM _Y P f` b `fZ ba^ H f^d K de [ e^e fc _f M bX da c ab R eU db `c_e f_C c ` ` Y__c X e` ab f[ e__c fL d e` Vc Qf X cfY `d cX e` ae f_c f] b ]ada Y Vdb `ef b `fY `Cc _a ^ c L d e` Vc f[ e__c f] ae ]]c fa dZ b_b Udc f6A Yb ^d] a^ c [ cfD `efJ We ` a>Tf R_f M bTR eTQf Y `cfW b _a c fZ e^W e ` Y ac
_c f^ d K de ]ac f[ cfZ c^ae f[ e_fM bab fM _Y P Qf] dc fZ e^f_ C c ` ` Y__ c X e` ab f K efZ e^f_ c f] b ]ada Y Vdb `ef[ e__ c
L d e` Vc Qf[ bW^H fd` ae ^Sc dc ^] df b `f_c f] e [ ef e` a^ c _e f6_d e ` Ve  Se [ e^X bab Tda >T
D _a ^ e fc __e f` b ^X c_df Z ^b e[ Y^e fZ ^e Wd] ae fZ e^f ^d K de [ e^e f_C e X d] ]db `ef[ e__e fL d e` Ve
I Ub `d] ad K ef6 d` Wdb f[ e__c f[ bY X e` ac Vdb `efc _fM bX da c ab fR eU db `c_e fd ` fS b ^X cab f c^ac eb
b fa^ c X da e f_c fZ ^b e[ Y^c f[ df ^ d K de ]ac f` b ^X cac fc _f ] Y e]]dW b fc ^aTf < <T< 5 >Q f _c fL d e ` Vc
A Yb ^d] a^ c [ cfD `efJ We ` af Z Y/ fe ]]e ^e f^ d_c ] dc ac f[ d^ e aac X e` ae f[ c_f M bab fM _Y P fc fSc Wb ^e
[ edf Z ^b Z ^df L e ]]e ^c adQ f[ df da ac [ d` c` Vc fda c _dc ` cQf c __e f] e U Ye` adf b `[ dV db `d5
< > 9d_b adf X cU Udb ^e ` `d4
B > 9cU cX e` ab fa ^ c X da e fa ^ c ` ]c Vdb `ef b `f c^ac f[ df ^e [ da b fb [ fe We ` aY c_e fY ad_dV Vb f[ df Y `
^e [ da b fc Z e^ab Qf^ d] Y _a c ` ae f[ c__c f] K e[ cf b `ac P d_e f[ e_f M bab fM _Y P T
? b`f3 f; Yd` [ df Z b]]dP d_e f_C e X d] ]db `ef[ d^ e aac f[ e__c fL d e ` Vc f[ cfZ c^ae f[ e_f M bab fM _Y P f` e_
c]b fd` f Y df _c f^ d K de ]ac fc Wc ` Vc ac f] dc fc fS c Wb ^e f[ df Y ` fZ d_b ac fX d` b ^e ` `efe :b f` e_f c]b fd`
Y df W e ` U cf] e_a b fd_f P b`dS d b f b X efX b[ c_da H f[ df Z cU cX e` ab T
50

53
L d e ` Ve fI Ub`d] ad K e
9 e^f; Yc` ab f b `e^` ef_C c __e ` cX e` ab Qfb _a ^ e fc __c f b `[ dV db `ef K ef_b f] ae ]] b f] dc fe SS e aaY cab
b `f_C c Y ]d_db f[ df J 70 d e Qf 3 fZ ^e Wd] ac f_c f _c Y ]b _c f K efW e ` U cfe SS e aaY cab fe ] _Y ]dW c X e` ae
d` fdX Zdc ` adf b X b_b UcadT f
L efX c` dS e ]ac Vdb `df c U b`d] ad K efJ 70 d e f] b `b fc Z e^ae fc df a da b _c ^df [ d5
c > Ld e` Vc fJ 70 d e
P > Ld e` Vc fA Yb ^d] a^ c [ c
> Ld e` Vc fA Yb ^d] a^ c [ cfJ _da e
[ > Ld e` Vc fV e _b da H f b `fJ ]ae ` ]db `efA Yb ^d] a^ c [ c
e> Ld e` Vc fV e _b da H fJ _da e f b `fJ ]ae ` ]db `efA Yb ^d] a^ c [ c
RfZ b]] e ]] b ^df [ df L d e` Vc fJ 70 d e fZ b]] b `b fe SS e aaY c^e fd_f Z c]]c U Udb fc __c fL d e` Vc fA Yb ^d] a^ c [ cQ
Z ^e ]e ` ac ` [ bfY `cf` Yb Wc f^ d K de ]ac fe fW e ^] c ` [ bf_C d` ae U ^c Vdb `efe b `b X d c fZ ^e Wd] ac Tf
@ @F@ ,^O ZI YM :W ^Y -6 Z Y^P MY^Y 7Y M S
9Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ edf < 4 fc ` ` df [ df e aH fc f b _b ^b f K ef` b `f] dc ` b U dH fd` fZ b]]e ]]b f[ df Y `cf; Yc_] dc ]df L d e` Vc fA M Rf B @ BBTf I f[ dS S e ^e ` Vc f[ e__ c fZ c]]c ac S ac U db `efS Zb^adW c QfW de ` efZ ^e Wd] ac f_c fZ b]]dP d_da H fc ` K efZ e^fdf a e ]]e ^c adf S Zb^aQfc fZ c^ad^ e [ cdf < 4fc ` `df [ df e aH Qf[ df ^ d K de [ e^e f_c fL d e ` Vc fJ 70 d e fD `efJ We ` aQf b `fc [ eU YcX e` ab f[ e__c ^ e _c adW c f e^adS d cVdb `efX e[ d c Tf8 dW e ^] c X e` ae f[ c__c fL d e` Vc fV e _b da H fD `efJ We ` aQf` b ` 3fZ ^e Wd] ab fY `f` YX e^b fX c]]dX bf[ df L d e` Ve fJ 70 d e fD `efJ We ` af K efd_ f Z d_b ac fZ Y/ ]b aab ] ^dW e ^e f` e_f b ^] b f[ e__c fS ac U db `efS Zb^adW c Tf L cfL d e ` Vc fJ 70 d e fD `efJ We ` a b `]e ` ae f[ df S dU Y^c ^e f` e__c f _c ]]dS d cf[ df U db ^` cac QfX cf` b `f[ df c ; Yd] d^ e fZ Y`ae U Udf W c _d[ d Ze^f_c f _c ]]dS d cfU e` e^c _e Tf 7 ] T ]^U Q[ RL [ V[ ,^ L X E ]^Q] ^[ QV U ] ^O L ]T <] ,^ A TL [E ]T V] ^T = X UE [VX ^J 8 V [ Q] ,^E [^T X T^ ^C U] 9R V[ ^Q[ ^C XRR5 QV + ^C ]U^Q^ I QA 5 ^J ^ E [V] U[ Q< <[ UQ[ F^ L cfL d e` Vc fJ 70 d e fD `efJ We ` afZ Y/ fe ]]e ^e fY ad_dV Vc ac f] b _c X e` ae fZ e^f_ c fX c` dS e ]ac Vdb `e Z e^f_c f; Yc_e f3 f] ac ac f^ d K de ]ac fe f^ d_c ] dc ac Tf ? e_f c]b fd` f Y df _c fX c` dS e ]ac Vdb `efW e ` U cfc ` ` Y__c ac f[ c__C b ^U c` dV Vc ab ^e fZ e^f cY ]e f[ d Sb ^V c fX cU Udb ^e Qfd_f M bab fM _Y P fZ ba^ H f^ d K de [ e^e fc _f M bX da c ab fR eU db `c_e 5f = _c f] b ]ada Y Vdb `ef[ e__c fL d e` Vc f b `fY `Cc _a ^ c fJ 70 d e fD `efJ We ` aQfZ e^f_b f] ae ]]b fZ d_b ac 4 = _C c ` `Y__c X e` ab f[ e__c fL d e` Vc fe X e]]c f K ef b X Zb^ae ^H 5 7 d_f ^ dc ^e [ da b f[ e__C dX Zb^ab Qf] e fW e ^] c ab f b `f c^ac f[ df ^e [ da b 4 7 _c fZ b]]dP d_da H f[ df Y ad_dV Vc ^e f_C dX Zb^ab f b X ef ^e [ da b f[ d] Z b`dP d_e Qf] e fW e ^] c ab f b ` P b`dS d b fP c` c^db T 52 L d e` Ve R_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P f3 f^ e ]Z b`]c P d_e fc fa Y aadf U _df e SS e aadf [ e__C b Z e^c ab f] Wb _a b fe [ f3 ] b UUeaab fc fZ ^b WWe [ dX e` adf e f] c ` Vdb `df [ d] dZ _d` c^df d` f c]b f[ df [ bY X e` ac Vdb `ef` b ` b `Sb ^X efe :b fd` b X Z_e ac Tf M ]Q^ L [RX ^T =[ VV^ T ^L A ^ 9] T 8 [T X ^UR L X TVU [ V] ^J ]QQ] T [J ]E C] T <] ^J [^C [UV] ^J ]Q^ G XVX ^I QA 5 ,^ 8 Q^ ? == L ^ L X E C]V] T V^ C UX L]J ]U[ T TX ^[ 5 QX LL[U] ^Q[ ^K XL] V+ ^K CXUV9 [ ^T ]QQ[ ^C UX L]J AU[ ^J ^ ] E R RX T]^J ]QQ] ^O L ]T <] ^P T] Y 9] T V,^R [ ^> AX UR VU [ J [^L 1 ]^Y -6  ],^C ]U^V A VV[ ^Q[ ^K V[ 8 X T]^K CXUV9 [ ^D ;DDF^
@ @F@ ;^Y K SY M KZP MY^7 Y OP IZS 0
Rf a da b _c ^df [ df L d e` Vc fM d` dD SS ^ b c[ Qf A Yb ^d] a^ c [ cfb fA Yb ^d] a^ c [ cfJ _da e fZ b]]b `b f^ d K de [ e^e
_C J ]ae ` ]db `efV e _b da H Qf K ef3 fU ^c aY da c fZ e^fdf Z b]]e ]]b ^df [ df L d e` Vc fM d` dD SS ^ b c[ Qfc ` K e
b `ae ]aY c_X e` ae fc _f ^ d_c ] db f[ e__c fL d e` Vc Tf  fb P P_dU cab ^db f6] df Z ^e d] c fd` fa c _f ] e ` ]b f_c
Z de ` cf^e ]Z b`]c P d_da H f[ e_f ^ d K de [ e` ae fe f[ e_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P >f K efd_f Z d_b ac
] b ]ae ` U cfc ` K efU _df c e^ac X e` adf X e[ d df ] Y Z Z_e adW df Z ^e Wd] adf Z e^f_c fW d] da c fX e[ d b 7
cU b`d] ad cf[ dfa dZ bfI fZ e^f_ c fV e _b da H TfR fZ b]]e ]]b ^df[ dfL d e` Vc f b `fJ ]ae ` ]db `efV e _b da H Q
c df Sd` df [ e__c fZ c^ae dZ cVdb `efc U _df e We ` adf b X Zeada dW dQ f ] b `b fe ; YdZ c^c adf c df ada b _c ^df [ d
Ld e` Vc fV e _b da H Qf ` b `fc df Z b]]e ]]b ^df [ df L d e` Vc fV e _b da H fJ _da e Tf A e^X bf^e ]ac ` [ bfd_
Z ^d` dZ db fa e ]a fe ]Z b]ab Qf] df^ dX c` [ cf] e X Z^e fc dfR eU b_c X e` adfS Zb^adW df[ dfS Zedc _da H fZ e^
_c f[ e_d` ecVdb `ef[ edf ^da e ^df e f[ edf _dX da df [ df Y ad_dV Vb f[ e__c fL d e` Vc f b `fJ ]ae ` ]db `efV e _b da H T
@ @F@ @^W KKZK SY M SY ^S N ZW O
9Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc _f b X ZdX e` ab f[ edf < "fc ` `df [ df e aH Tf  fW c _d[ cfY `d cX e` ae Z e^f ] Wb _U e^e fd_f ] e ^W dV db f[ df I ]]d] ae ` ae fL ^dc _f ` e__e fU c^e fae ^^da b ^dc _df e f` cVdb `c_dT f  ] Y SS d de ` ae fd_f M e^adS d cab f[ df R [ b`eda H fZ e^fI aadW da H fS Zb^adW c f? D ?fI Ub`d] ad cfd` f b ^] b f[ d Wc _d[ da H Qf] e b [ `b f; Yc` ab fZ ^e Wd] ab fc __C c ^aT< BTf? b`fZ b]]b `b fd` fb U`df c]b fe ]]e ^e f^ da e ` Yad W c _d[ df e^adS d cadf [ df d[ b`eda H fc U b`d] ad cf^ d_c ] dc adf Z e^fc _a ^ df ] Z b^aT @ @F@ D^Y -6 Z Y 9Y/ fe ]]e ^e f^ d_c ] dc ac f] b _b fc df L e ]]e ^c adf M eX Pe^f6` b `fS Zb^a>f c _f b X ZdX e` ab f[ edf < B c` `df [ df e aH Tf  fW c _d[ cfY `d cX e` ae fZ e^fZ c^ae dZ c^e fc [ fc __e ` cX e` adf e [ fc f b X ZeadV db `d cU b`d] ad K ef b `f_C c Y ]d_db f[ df J 70 d e Tf 54 55 L d e` Ve f ? e_f c]b fd` f Y df d_f Z d_b ac Qf Z e^f b X Z^b Wc ae fe fX badW c ae f^ c U db `df  f b X efc [ fe ]e X Zdb fY ` d` Sb ^aY `db f f` b `fZ b]]c fZ ^e ` [ e^e fZ c^ae fc __c fX c` dS e ]ac Vdb `eQfd` ae ` [ e` [ bf b `fa c _e fa e ^X d` e _C d` dV db f[ e__e fb Z e^c Vdb `df Z ^e _dX d` c^dQ f d_f M bab fM _Y P f` b `fZ ba^ H f^d K de [ e^e fc _f M bX da c ab R eU db `c_e f_C c ` `Y__c X e` ab f[ e__c fL d e` Vc fQf X cfY `d cX e` ae f_c f] b ]ada Y Vdb `ef b `fY `Cc _a ^ c L d e` Vc f[ e__c f] ae ]]c fadZ b_b Udc f6J 70 d e fD `efJ We ` a>Tf R_f M bTR eTf Y `cfW b _a c fZ e^W e ` Yac f_c
^ d K de ]ac f[ cfZ c^ae f[ e_f M bab fM _Y P Qf ] dc fZ e^f_C c ` `Y__c X e` ab f K efZ e^f_c f] b ]ada Y Vdb `ef[ e__c
L d e` Vc Qf [ bW^H fd` ae ^Sc dc ^] df b `f_c f] e [ ef e` a^ c _e f6_d e` Ve  Se [ e^X bab Tda >Tf D _a ^ e fc __e
` b ^X c_df Z ^b e[ Y^e fZ ^e Wd] ae fZ e^f^ d K de [ e^e f_C e X d] ]db `ef[ e__e fL d e` Ve fI Ub`d] ad K ef6 d` Wdb
[ e__c f[ bY X e` ac Vdb `efc _f M bX da c ab fR eU db `c_e fd` fSb ^X cab f c^ac eb fb fa^ c X da e f_c
Z ^b e[ Y^c f[ df ^ d K de ]ac f` b ^X cac fc _f ] Y e]]dW b fc ^aTf< <T< 5>Qf_c fL d e` Vc fJ 70 d e fD `efJ We ` a
Z Y/ fe ]]e ^e f^d_c ] dc ac f[ d^ e aac X e` ae f[ c_f M bab fM _Y P fc fSc Wb ^e f[ edf Z ^b Z ^df L e ]]e ^c adQ f [ d
da ac [ d` c` Vc fda c _dc ` cQfc __e f] e U Ye` adf b `[ dV db `d5
< > 9d_b adf X cU Udb ^e ` `d4
B > 9cU cX e` ab fa ^ c X da e fa ^ c ` ]c Vdb `ef b `f c^ac f[ df ^e [ da b fb [ fe We ` aY c_e fY ad_dV Vb f[ df Y `
^e [ da b fc Z e^ab Qf^ d] Y _a c ` ae f[ c__c f] K e[ cf b `ac P d_e f[ e_f M bab fM _Y P T
? b`f3 f; Yd` [ df Z b]]dP d_e f_C e X d] ]db `ef[ d^ e aac f[ e__c fL d e` Vc f[ cfZ c^ae f[ e_f M bab fM _Y P f` e_
c]b fd` f Y df _c f^ d K de ]ac fc Wc ` Vc ac f] dc fc fS c Wb ^e f[ df Y `fZ d_b ac fX d` b ^e ` `efe :b f` e_f c]b fd`
Y df W e ` U cf] e_a b fd_f P b`dS d b f b X efX b[ c_da H f[ df Z cU cX e` ab Tf
R_f 9 ^e ]d[ e` ae fe _f M bab fM _Y P f3 f^e ]Z b`]c P d_e fc faY aadf U _df e SS e aadf [ e__C b Z e^c ab f] Wb _a b fe [ f3
] b UUeaab fc fZ ^b WWe [ dX e` adf e f] c ` Vdb `df [ d] dZ _d` c^df d` f c]b f[ df [ bY X e` ac Vdb `ef` b `
b `Sb ^X ef e:b f d` b X Z_e ac Tf M ]Q^ L[RX ^ T =[ VV^ T ^ LA ^ 9] T 8 [T X ^ UR L X TVU [ V] ^ J]QQ]
T [J ]E C] T <] ^J [^C [UV] ^J ]Q^G XVX ^I QA 5 ,^8 Q^? == L ^L X E C]V] T V^C UX L]J ]U[ T TX ^[ ^5 QX LL[U] Q[ ^K XL] V+ ^K CXUV9 [ ^T ]QQ[ ^C UX L]J AU[ ^J ^ ] E R RX T]^J ]QQ] ^O L ]T <] ^P T]^Y 9] T V,^ R [ > AX UR VU [ J [^L 1 ]^Y -6  ],^C ]U^V A VV[ ^Q[ ^K V[ 8 X T]^K CXUV9 [ ^D ;DDF^
@ @F@ F^O ZI YM :W ^S N WZM ZM 4
LcfL d e` Vc fL ^c d` d` U fZ Y/ fe ]]e ^e f^ d K e]ac fc _f b X ZdX e` ab f[ eU _df ” fc ` `df [ df e aH T
 fd_f ada b _b f K ef b `]e ` ae f[ df e SS e aaY c^e fR ] RRX T^ J ^ [ QQ] T [E ]T VX ^R [ ^T ^C R V[ ^%C UX 9]
Q5 ]U] ^J ^ 7 ]QX LV + (^L 1 ]^T ^> AX UR VU [ J [QfY ]Y S^ Y e` [ bf[ df b Z e^aY ^c fc ]]d Y ^c adW c f] dc fZ e^
_e f_e ]db `df Z e^] b `c_df K efZ e^f_c fR M LTf9 Y/ fe ]]e ^e f^ d K de ]ac f[ c5
= Lda b _c ^df [ df L e ]]e ^c fM eX Pe^4
= Lda b _c ^df [ df L e ]]e ^c fS Zb^aQf] e b `[ bf_c fZ ^b e[ Y^c f` b ^X cac fc __C c ^aT$ TR d] Z eaab fc __c fL e ]]e ^c fS Zb^aQf _c fL d e` Vc fL ^c d` d` U fb SS ^ e fd` fc U U dY `ac f_C b Z Zb^aY `da H f[ d
Z ^e ` [ e^e fZ c^ae fc f b X ZeadV db `df c fP c]]b f b `ae ` Yab fc U b`d] ad b Tf L c _df b X ZeadV db `d
]c ^c ` `b fW c U _dc ae fe [ fe We ` aY c_X e` ae fc Y ab ^dV Vc ae f[ c_f S eaab ^e fL e ` d b fS Zb^adW b f6 S LS >T f
? b`f] c ^c ` `b fZ ^e ]e fd` f b `]d[ e^c Vdb `ef[ c_f S LS f^d K de ]ae f[ df X c` dS e ]ac Vdb `df K e
cP Pdc ` b fW c _d[ da H f? cVdb `c_e fc [ fb U `df _dW e __b f` b `K fW c _d[ da H fZ e^fM cX Zdb `cadf R eU db `c_d
[ df ; Yc_] dc ]df ] Z ed_da H TfR fM bTR eTQf K efd` ae ` [ b`b fZ ^b X Yb We ^e fX c` dS e ]ac Vdb `df c Z e^ae fc d
ada b _c ^df[ dfL d e` Vc fL ^c d` d` U Qf[ bW^c ` `b fS b ^X Y_c ^e fe ]Z _d da c f^ d K de ]ac fc _fS eaab ^e fL e ` d b
S Zb^adW b Qf d_f ; Yc_e fW c _Y ae ^H f K ef; Yc` ab fZ e^W e ` Yab f] dc fd` f_d` ecf b `fd_f _dW e __b fe ` a^ * f K e
c^c aae ^dV Vc f; Ye]ac fL d e` Vc fe [ fdf ] Y b df a da b _c ^dT f
RfM bTR eTfe :b fd_f S LS fZ b]]b `b 5
= b^U c` dV Vc ^e fX c` dS e ]ac Vdb `df c Z e^ae fY `d cX e` ae fc df a da b _c ^df [ df L d e` Vc fL ^c d` d` U 4f
= Z^e We [ e^e fc __C d` ae ^` b f[ df Y `cfX c` dS e ]ac Vdb `eQf b X Z^e ]b fd_f M cX Zdb `cab fR eU db `c_e Q
Y `cf _c ]]e fe :b fY `cf cae U b^dc fc f] e f] ac ` ae Qf c Z e^ac fY `d cX e` ae fc df Z b]]e ]] b ^df [ d
;Ye]ac fL d e` Vc T
ZT ^X 8 T^L [RX ^T X T^ ^L X TR] T VV X ^= [ U^8 [U] 8 8[ U] ^T ]QQ[ ^R V] RR[ ^L Q[ RR] ^] ’X ^L [V] 8 XU[ ^C QX V
V V X Q[ U^ J ^ O L ]T <[ ^S U[ T T 8 ^L X T^^ C XRR ] RR X U^ J ^  A[QR [ R^ [ QV U [ ^V C XQX 8[ ^J ^ O L ]T <[ F^ L cfL d e` Vc fL^c d` d` U f] df Z Y/ fb aae ` e^e fe ] _Y ]dW c X e` ae f[ de a^ b fZ ^e ]e ` ac Vdb `ef[ e_ M e^adS d cab f[ df R [ b`eda H fZ e^fI aadW da H fS Zb^adW c fI Ub`d] ad cQfd_f ; Yc_e f[ dS S e ^d] efc f] e b `[ c K ef] df a ^ c aadf [ df V e _b da H f6W d] da c f[ df L dZ bfI >fb Z ZY^e f[ df A Yb ^d] a^ c [ cf6W d] da c f[ df L dZ bf0 >Tff
I dfS d` df[ e__c fZ c^ae dZ cVdb `efc __ e f b X ZeadV db `dfc U b`d] ad K efS c fS e [ ef_ c fa dZ b_b Udc f[ dfW d] da c
X e[ d cf_c f Y df ] c[ e` Vc fW de ` ef^ dZ b^ac ac f] Y __c fL d e` Vc T
I df Sd` df [ e__C c aadW da H f[ df ] b _b fc __ e ` cX e` ab Qf ; Ye]ac fL d e ` Vc Qf b ] f b X efaY aae f_e fL d e` Ve
I Ub`d] ad K ef6e eVdb `fSc aac fZ e^f_e fD `efJ We ` aQf _c fJ 70 d e fe f_c fI ]] d] ae ` ae fL ^dc _> f 3 fW c _d[ c
]dc fZ e^f_c fV e _b da H f K efZ e^fd_f A Yb ^d] a^ c [ cQfc _f [ df _H f[ e__ c f e ^adS d c Vdb `efc U b`d] ad cfc ; Yd] da c T
M b_b ^b f K efd` ae ` [ b`b fZ ^e ` [ e^e fZ c^ae f] dc fc f b X ZeadV db `df [ df V e _b da H f K ef[ df A Yb ^d] a^ c [ c
[eP Pb`b f b `]e U Yd^ e fe ` a^ c X Pef_e f e^adS d cVdb `df X e[ d K eQf b `ae ]aY c_X e` ae fb f` b `Tf
S Y__ c fL d e` Vc fW e ^^c ` `b f^ dZ b^ac ae fe ` a^ c X Pef_ e f] c[ e` Ve Tf? e_f c]b fd ` f Y df_ e f e^adS d cVdb `d
X e[ d K efW e ` U c` b fc ; Yd] da e fd` fX bX e` adf [ dW e ^] dQ f d_f M bab fM _Y P f[ bW^H fZ ^b e [ e^e fc [
cU Udb ^` c^e fd _f[ cab fc f] d] ae X cfe [ fd _fZ d_ b ac f[ bW^H fe SS e aaY c^e f] Y fM *A M RQfY ` f` Y b Wb f[ b( `_b c[
[ e__c fL d e` Vc Tf fZ b]]dP d_e fe SS e aaY c^e fd_f Z c]]c U U db f[ cfL d e` Vc fL ^c d` d` U fc [ fY `Cc _a ^ c fL d e` Vc
I Ub`d] ad cf[ df _dW e __b f] Y Z e^db ^e QfW e ^] c ` [ bf_C e We ` aY c_e fd` ae U ^c Vdb `efe b `b X d cTf
? e_f c]b fd` f Y df _C dX Zb^ab f[ e__c fL d e` Vc f] dc fd` Se ^db ^e fc f; Ye__b f[ e__c fL ^c d` d` U Qf` b `f3 fZ ^e Wd] ab
c _ Y `f^ dX Pb^] b fZ e^f_c f; Yb ac fW e ^] c ac fd` fe e [ e` Vc Tf
L d e` Ve fI Ub`d] ad K e

5b
5 6
L d e ` Ve fI Ub`d] ad K ef L d e` Ve f
@ @F@ $^B N P IYH ?NW^H Z^ N ZI )ZY K SW ^H YOOW ^O ZI YM :W ^S N WG ZS Y ^? SY M :W
>Y H YN WOY ^H YO^G PSP ^I O? 6
LefL d e` Ve fI Ub`d] ad K efZ b]]b `b fe ]]e ^e f^ d K de ]ae f[ c_fM TM Tfc _fM bTR eTfa ^ c X da e f_ c fZ ^b Z ^dc
Y ae ` Vc fS e [ e^c _e Qf] e U Ye` [ bf_c fZ ^b e[ Y^c f[ df c ; Yd] ab f^ dZ b^ac ac f` e__C Y ae ` Vc f] ae ]]c Tf
R _f M bab fM _Y P QfY `cfW b _a c fe ]Z _e ac ae f_e fZ ^b e[ Y^e f[ df d` ]e ^dX e` ab fe f[ df Z cU cX e` ab Qfd` Wdc
c _fM bX da c ab fR eU db `c_e f_ c f^ d K de ]ac f[ dfL d e` Vc TfR _fM bTR eTQfe ]c X d` cac f_ c f[ bY X e` ac Vdb `e
Z ^b [ baac QfZ ^b WWe [ efc 5
= ceaac ^e f_c fL d e` Vc 4
= ^e ]Z d` U e^_c 4
= ^d K de [ e^e fX b[ dS d K eQf K efd_f M bab fM _Y P f[ bW^H fe Wc [ e^e fZ ^dX cf[ df ^ d` Wdc ^e f_c f^ d K de ]ac
c _f M bTR eTQfd_f ; Yc_e f] c ^H f K dc X cab fc fW c _Y ac ^e f` Yb Wc X e` ae f; Yc` ab f^ d eWY ab Tf
L cfL d e` Vc fW e ^^H f b `Wc _d[ cac f] b _b f` e_f X bX e` ab fd` f Y df d_f M bX da c ab fR eU db `c_e
Z ^b WWe [ e^H fc [ fc eaac ^_c TfL cfZ ^b e[ Y^c f[ df ^ d K de ]ac fL d e` Vc Qfa ^ c X da e fY ae ` Vc fS e [ e^c _e
[ e_f M bab fM _Y P Qf? D ?fZ Y/ fe ]]e ^e fS c aac 5
= `e_f c]b f[ df Z c]]c U Udb f[ cfL e ]]e ^c fS Zb^af6 Z e^f_c f Y df Z ^b e[ Y^c f] df ^ dX c` [ cfc __C c ^aT$ >4
= `e_f c]b f[ df Z c]]c U Udb f[ cfc _a ^ c fL d e` Vc 4
= `e_f c]b f[ df ^ d K de ]ac fc fS c Wb ^e f[ df Z d_b adf c SS e aadf [ cf; Yc_] dc ]df [ d] c P d_da H T
SA VV] ^Q] ^O L ]T <] ,^ [ T L1 ]^ A]QQ] ^U L 1 ] RV] ^V U [ E V ] ^B YI ,^ 9 ] T 8 XTX ^] E ]RR] ^T ^=X UE [VX J 8 V [ Q] F^I XQX UX ^L 1 ]^J ]RJ ]U[ T X ^U L ]9] U] ^Q [ ^O L ]T <[ ^ T ^= X UE [VX ^L [UJ ^J ]9X TX ^U 9 X Q8 ]UR J U ] VV[ E ]T V] ^[ QQ[ ^K XL] V+ ^K CXUV9 [ ,^ L 1 ]^V U [ E V ] ^[ C CXRV [ ^=A T<X T]^J R C XT5 Q] ^R A Q RR V] E [^ T =X UE [V9 X ^= ] J ]U[ Q] ^C UX L]J ]U+ ^[ ^R V[ E C[U] ^Q - ] VL 1 ]VV[ ^J [^[ C CXUU] ^R A QQ[ ^L [UJ F^ @ @F@ #^^B N P IYH ?NW!B YN !O ZI YM :Y^H Z^B ZO P SZ^K SN WM ZY N Z^I P G ?MZS W N Z Rf da ac [ d` df ] a^ c ` de ^df b X Y`da c ^dQ f ^e ]d[ e` adf b fX e` b f] Y _f ae ^^da b ^db fda c _dc ` b Qf Z b]]b `b ^d K de [ e^e f_c fL d e` Vc fA M Rf Z ^e Wdb fae ]]e ^c X e` ab fc [ fY `fM bab fM _Y P fd` f^e U b_c f b ` _C I SS d_dc Vdb `e:R dc SS d_dc Vdb `efB @BBTf L efL d e` Ve f[ edf Z d_b adf ] a^ c ` de ^dQ fe eVdb `fS c aac fZ e^fdf da ac [ d` df S c` X c^d` e]df K efZ b]]b `b ^dW b _U e^] df c _f M bTR eTf[ df Z e^ad` e` Vc f[ e_f M bab fM _Y P QfW e ` U b`b f^ d_c ] dc ae fY `d cX e` ae f[ c__c A M RQf c __c f; Yc_e fd_f M bab fM _Y P f[ eWe fd` b _a ^ c ^e f_c f^ d K de ]ac f[ df L d e` Vc Qf c b X ZcU `cac [ c__c f[ bY X e` ac Vdb `efZ ^e Wd] ac fc __C c ^aT< @T5 TfI [fd` ae U ^c Vdb `ef[ e__c f[ bY X e` ac Vdb `efZ ^e Wd] ac fZ e^f df Z d_b adf da c _dc ` dQ f 3 f` e e]]c ^db c __e U c^e f_c fR e_e c]e fb f Yda Y ]f b `fW c _d [ da H fc ` `Y c_e Qf ^d_ c ] dc ac f[ c__c fA e[ e^c Vdb `e M bab d _d] ad cf[ df c Z Zc^ae ` e` Vc fZ e^f da a c [ d` c` Vc fb f^e ]d[ e` Vc Tf L cfR e_e c]e f` b `f3 ` ee]]c ^dc f` e_f c]b fd` f Y df d_f Z d_ b ac Qf ] Y __c fP c]e f[ e_f [ bY X e` ab f[ df d[ e` ada H Qf c P P dc ^ e ]d[ e` Vc fd` fRa c _dc Tf L cf[ bY X e` ac Vdb `ef[ cfZ ^e ]e ` ac ^e f` b `fZ Y/ fe ]]e ^e fa^ c ]X e]]c a^ c X da e f_c fZ ^b e[ Y^c f` b ^X cac fc __C c ^aT< < T< 5Qf X cf[ eWe fe ]]e ^e fd` Wdc ac fc __c fA M Rf b fd` b ^dU d` c_e fb fa ^ c X da e f9 JM TfL cfL d e` Vc fW e ^^H f b X Y` ; Yef^ d_c ] dc ac fd` fS b ^X cab f[ dU da c _e T @@F@ ^B N P IYH ?NW^B YN ^O ZI YM :Y^H Z^B ZO P SZ^K SN WM ZY N Z^Y  SN WI P G ?MZS W N Z Rf da ac [ d` df ] a^ c ` de ^df e a^ c b X Y`da c ^dQ f Z ^b WWd] adf [ df Z e^X e]]b f[ df ] b UUdb ^` b fd` f b ^] b f[ d Wc _d[ da H Qf Z b]]b `b fae ]]e ^c ^] df c [ fY `fM bab fM _Y P fe f^d K de [ e^e f_c fL d e` Vc fc __ c fA M RQ ] e U Ye` [ bf_b f] ae ]]b fda e ^fZ ^e Wd] ab fZ e^fU _df ] a^ c ` de ^df b X Y`da c ^df e [ fc __e U c` [ bf_c f b Z dc [ e_f Z e^X e]]b f[ df ] b UUdb ^` b Qf _c f Y df [ Y^c ac f[ eWe f b Z ^d^ e fc _X e` b faY aac f_c fS ac U db `e S Zb^adW c fB @BBTf Rf da ac [ d` df ] a^ c ` de ^df e a^ c b X Y`da c ^dQ f ? D ?fZ ^b WWd] adf [ df Z e^X e]]b f[ d ]b UUdb ^` b Qf? D ?fZ b]]b `b f^ d K de [ e^e f_ c fL d e` Vc fA M RQfc fX e` b f K ef_ c fS bde aH fS Zb^adW c 6M bab fM _Y P >f` b `f^ d K de [ cfe [ fb aae ` U cf[ c__c fA e[ e^c Vdb `ef_c f[ d K dc ^c Vdb `ef` b X d` cadW c
[ Cc ]]e ` ]b fc __C c aadW da H f] Z b^adW c f[ d_e aac ` ad] ad c Tf
L cf^ d K de ]ac Qf K efd_f M bab fM _Y P f[ eWe fa ^ c ]X eaae ^e fd` dV dc _X e` ae fd` fW dc fZ ^e _dX d` c^e fc __c
A M RQf W e ^^H fW c _Y ac ac f[ c_f S eaab ^e fLe ` d b fS Zb^adW b Qf d_ f ; Yc_e fZ Y/ fe We ` aY c_X e` ae
^ e ]Z d` U e^e Qf cf ]Y b fd` ]d` [ ccP d_e f U dY [ dV db Qf _c f [ bX c` [ cf Z e^W e ` Yac Qf ae ` e` [ bfd`
b `]d[ e^c Vdb `efin  p rim is df ] e U Ye` adf c ]Z eaad5
< > 8d] Z b`dP d_da H f[ e__e f; Yb ae fc ]]e U `cae f[ c_f M D ?R4
B > MY^^d Y _Y X fe f9 c_X c^e ]f[ e__C I a_e ac 4
-> McX Zdb `cadf ? cVdb `c_df c df ; Yc_df _C I a_e ac fd` ae ` [ cfZ c^ae dZ c^e f` e_f B @ BB T
? e_f c]b fW e ` U cfc b _a c fZ b]da dW c X e` ae f_c f^ d K de ]ac fZ ^e _dX d` c^e fSb ^X Y_c ac f[ c_f M bab
M _Y P Qf _c fA e[ e^c Vdb `efZ ^b WWe [ e^H fc f^d] e ^W c ^e fc __C I a_e ac fY `cf; Yb ac fZ e^f Y `f_c ]]b
^b `b _b Ud b fa e X Zb^c _e f[ dfc _fX c]]dX bfB fX e]dQ fe ` a^ b fd f; Yc_dfd _fM bab fM _Y P f[ bW^H fd ` Wdc ^e
c __c fA M Rf_c f^ d K de ]ac fS b ^X c_e f[ df [ d K dc ^c Vdb `ef` b X d` cadW c f[ df c ]]e ` ]b Tf
S efe ` a^ b fdf [ YefX e]df _c fA e[ e^c Vdb `ef` b `fc W^H f^ d eWY ab f; Yc` ab fZ ^e Wd] ab f[ cfZ c^ae f[ e_
M bab fM _Y P Qf We ^^H fX e` b fd_ f [ d^ da ab f[ df Z ^e _c Vdb `ef]Y __c f; Yb ac Qf K efZ ba^ H fe ]]e ^e
e We ` aY c_X e` ae fc ]]e U `cac f[ c__c fA e[ e^c Vdb `efc [ fc _a ^ b fc a_e ac Tf

59
5 8
M e^adS d c Vdb `efX e[ d c f L d e` Ve f
S e` Vc fd_f P e` e]ac ^e f[ e__c fA e[ e^c Vdb `ef` b `f3 fZ b]]dP d_e fc WWdc ^e f_c fZ ^b e[ Y^c fZ e^f_c
^ d K de ]ac f[ e_f Z e^X e]]b f[ df ] b UUdb ^` b fc fa da b _b f] Z b^adW b Tf
I _a ^ df [ bY X e` adQ f ; Yc_df c [ fe ]e X Zdb fdf W d] adf [ df d` U ^e ]]b Qf ` b `f] b `b fW c _d[ df Z e^fc WWdc ^e f_c
^ d K de ]ac f[ df L d e` Vc Tf
V e ` U b`b fe ; YdZ c^c adf c df da ac [ d` df b X Y`da c ^dQ f Z Y^f ` b `fSc e` [ bfZ c^ae f[ e__C U `db `e
J Y^b Z ecQf df da ac [ d` df [ df c _ Y `df 9 ce]df 6R] _c ` [ cQf L de K ae ` ]ae d` Qf ? b^W e U dc fe fS WdV Ve ^c >Qf _e
Y dfe We ` aY c_df^ d K de ]ae f[ df^ d_ c ] db f[ dfL d e` Vc f] e U Yb `b f_ b f] ae ]]b fd a e ^fZ ^e Wd] ab fZ e^fd fZ d_b ad
] a^ c ` de ^df b X Y`da c ^df 6c ^aTf < <T< &>Tf Rf da ac [ d` df [ e_f R eU `b fU `da b Qf Z e^f_C b aa e ` dX e` ab f[ e__c
L d e` Vc fA M RQf[ eWb `b fc aae ` e^] df c __c fZ ^b e[ Y^c fZ ^e Wd] ac fZ e^fdf Z d_b adf e a^ c b X Y`da c ^dT
L cf[ bY X e` ac Vdb `ef[ cfZ ^e ]e ` ac ^e f` b `fZ Y/ fe ]]e ^e fa ^ c ]X e]]c fa ^ c X da e f_c fZ ^b e[ Y^c
` b ^X cac fc __C c ^aT< <T< 5QfX cf[ eWe fe ]]e ^e fd` Wdc ac fc __c fA M Rfb fd` fb ^dU d` c_e fb fa ^ c X da e f9 JM T LcfL d e` Vc fW e ^^H f b X Y`; Yef^ d_c ] dc ac fd` fS b ^X cab f[ dU da c _e T @DF^I YN SZ> ZI W:ZP MY^G YH ZI W
S] RR] U[ ^G ]E 5]U^D ;DD&^ Z e^fd_f ^ d_c ] db f[ e__c fL e ]]e ^c fM eX Pe^f? D ?f] Y ]]d] ae fc _ Y `
b P P_dU bf[ df e^adS d cVdb `ef] c ` da c ^dc T
@DF@ ^Z H P MYZS 0 ^K B P NSZ7 W ^M P M^W 4 P MZK SZI W
((06, 4 ’62 / 57. 67  )4/ 32 7( 15 -, 163 32 7/ 5004 7 234 76/ 35 * 14 36” 4 7. 507 ! 6/ 6- 35 12 7. 5004 7 40) 35
. 507  67* 6) */27 5#7 5 -( 06, 4 36” 4 7. 507 $! $7 . 5004 7 40) 35 7. 507  $ $ 471 5 ,4 / 35 705 7
6/ 55
 )6. 47. 676 / .61 6’ ’2 76 / 7+ 435 164 7. 67, 5 136% 6, 4 367+ 5. 6, 67( 5170  4 336” 63  7- ( 2136” 4 7/ 2/ 74 * 2/ 6- 36, 4 $
S ] RR] U[ ^G T K CXUV^] ^K CXUV^D ;DD
9 e^fd_f ^ d_c ] db f[ e__c fL e ]]e ^c fM d` dS Zb^afe fS Zb^af3 f] Y SS d de ` ae fd_f M e^adS d cab f[ df R[ b`eda H
S Zb^adW c f? D ?fI Ub`d] ad cTf
M XT^C XRRX TX ^T ^X 8T^ L [RX ^] RR] U] ^U V ] T AV^ 9 [ QJ ^ I ]UV= L [V^ J ^ Z J XT]V + ^W 8XTR VL [
UQ[ RL [ V^C ]U^R C XUV^J 9 ] UR ^J [Q^G XVX LL QR E X,^[ T L1 ]^ T ^C U] R] T <[ ^J ^[ T [QX 8[^V [ 5 ]QQ[ C ]U^ A[T VX ^L X TL]UT ]^8 Q^ [ LL]UV[ E ]T V^ L QT L ^ J [^R X RV] T ]U] F^^^L cfW c _d[ da H f[ e_fM e^adS d cab f[ dfR [ b`eda H fZ e^fI aadW da H fS Zb^adW c f? b`fI Ub `d] ad cf3 fc ` `Yc_e T ? e_f c]b fd` f Y df _c fW c _d[ da H f[ e__c fW d] da c fX e[ d cf] c [ cf` e_f b ^] b f[ e__C c ` `b f] Z b^adW b f3 ` ee]]c ^dc fY `cf` Yb Wc f e^adS d cVdb `efc f b Z e^aY ^c f[ e_f B @ BB Qf d` fc ]]e ` Vc f[ e__c f; Yc_e fd_ a e ]]e ^c X e` ab fS Zb^a: M d` dS Zb^af c ]]Y X e^H f_c fW c _e ` Vc f[ e_f ae ]]e ^c X e` ab fM eX Pe^fe ` b `fZ e^X eaae ^H f_b f] Wb _U dX e` ab f[ df c _ Y ` fa dZ bf[ df c aa dW da H f[ df c __ e ` cX e` ab fe f b `]e U Ye` ae b Z e^aY ^c fc ]]d Y ^c adW c Tf R_f M e^adS d cab Qf S c aae f] c _W e fe We ` aY c_df [ d] Z b]dV db `df _e U d] _c adW e fc _dW e __b f^ e U db `c_e Qf[ eWe fe ]]e ^e f b `]e ^W c ab fd` fb ^dU d` c_e fZ e^f< @fc ` ` df [ c_f 9 ^e ]d[ e` ae f[ e_ M bab fM _Y P Qf d_f ; Yc_e f3 f^e ]Z b`]c P d_e f dW d_X e` ae fe fZ e` c_X e` ae f[ df ; Yc` ab f[ d K dc ^c ab T ? e_f c]b f[ dfZ c]]c U Udb fc [ fc _a ^ b fM bab fM _Y P f` e_f b ^] b f[ e__c f] ac U db `eQfd _fL e ]]e ^c ab f[ eWe b `]e U `c^e fc _f 9 ^e ]d[ e` ae f[ e_f ` Yb Wb fM TM Tf Y `cf b Z dc f b `Sb ^X efc __C b ^dU d` c_e f[ e_ M e^adS d cab f[ df R[ b`eda H Tf Rf ] b UUeaadf Z b^ac ab ^df [ df Y `cf; Yc_] dc ]df [ d] c P d_da H f` b `fZ b]]b `b ^d K de [ e^e f_c fL e ]]e ^c fM d` dS Zb^af b fS Zb^af X cfY `d cX e` ae f_c fL d e` Vc fI Ub`d] ad c ]e b `[ bf_e fX b[ c_da H f^ dZ b^ac ae fc __C c ^aT< B T4 T K VU A VVA U] ^[ A VX U< <[ V] ^[ Q^ U Q [ RL X & = Me[ d df [ df X e[ d d` cfU e` e^c _e f6^ e _c adW c X e` ae fc df Z ^b Z ^df c ]]d] ada d> 4
= 9e[ dc a^ df [ df _dP e^c f] e_a c f6^ e _c adW c X e` ae fc df Z ^b Z ^df c ]]d] ada d> 4
= Me[ d df ] Z edc _d] adf d` fX e[ d d` cf[ e__b f] Z b^a4
= Me[ d df [ e__c fA e[ e^c Vdb `efM e[ d b fS Zb^adW c fR a c _dc ` cf fA M SRT
M XT^R X TX ^9 [ QJ ]^L ]UV= L [<X T^ U Q[ RL [ V] ^[ QQ- ] RV] UX F Y R[ E ^ L QT L ^ J [^] == ] VVA [UR ^ [ ^ = T ^ J ]Q^ U Q[ RL X ^J ]Q^ L ]UV= L [ VX & = I`cX `e]df b X Z_e ac fe [ fJ ]c X efb P de aa dW b f b X Z^e ` ]dW b f[ df X d] Y ^c Vdb `ef[ e__c Z ^e ]]db `efc ^ae ^db ]c T = J_e aa^ b c^[ db U^c X X cfc f^ dZ b]b f6 P c]c _e >f[ eP da c X e` ae f^ e Se ^ac ab Qfe SS e aaY cab fc _X e` b
Y `cfW b _a c f` e__c fW da c T
= J_e aa^ b c^[ db U^c X Xcfc f^ dZ b]b f6P c]c _e >f [ eP da c X e` ae f^e Se ^ac ab f b `fZ e^db [ d da H
c ` `Yc_e fZ e^f b _b ^b f K efK c` `b f] Y Z e^c ab fdf & @fc ` `df [ df e aH fe f K efc ]]b dc ` b fc _a ^ d
Sc aab ^df [ df ^ d] K db f c^[ db Wc ] b _c ^e T
= J_e aa^ b c^[ db U^c X Xcfc f^ dZ b]b f6P c]c _e >f [ eP da c X e` ae f^e Se ^ac ab f b `fZ e^db [ d da H
c ` `Yc_e fZ e^f b _b ^b f K eQf c fZ ^e ] d` [ e^e f[ c__C e aH Qf c P Pdc ` b fZ cab _b Ude f ^b `d K e
b `_c X cae Qf b X Zb^ac ` adf Y `fc Y X e` ac ab f^ d] K db f c^[ db Wc ] b _c ^e T

61
6 0
M e^adS d c Vdb `efX e[ d c L d e` Ve
R` b _a ^ e fd _fX e[ d b f e^adS d cab ^e Qfa e ` Yab f b `ab f[ e__e fe Wd[ e` Ve f _d ` d K efe :b f[ dc U `b ]ad K e
^d_e Wc ae Qf ]df Z Y/ fc WWc _e ^e fc ` K ef[ df Y `cfZ ^b Wc f[ cf]Sb ^V b fX c]]dX c_e fe f[ df c _a ^ d
c e^ac X e` adf X d^ c adf c U _df ] Z edS d df Z ^b P _e X df [ df ] c _Y ae Tf ? edf c]df [ YP Pdf d_f X e[ d b
e^adS d cab ^e f] df c WWc _e f[ e__c f b `]Y _e ` Vc f[ e_f X e[ d b f] Z edc _d] ac fd` fX e[ d d` cf[ e__b
] Z b^afb Qf] e b `[ bfd_f U dY [ dV db f _d` d b Qf[ e__b f] Z edc _d] ac f[ df P ^c ` cT
@DFD ^Z H P MYZS 0 ^K B P NSZ7 W ^W 4 P MZK SZI W
OL ]T <[ ^D ;DD 9 e^fd_f ^ d_c ] db f[ e__e fL d e` Ve Qf e eVdb `fSc aac fZ e^f_c fL d e` Vc fI ]]d] ae ` ae fL ^dc _f 6c ^aT < <T< <>Qf3 f` ee]]c ^db fd_f M e^adS d cab f[ df R[ b`eda H fS Zb^adW c fI Ub`d] ad cTf
 f` ee]]c ^db f; Yd` [ df ] b aab Z b^] df c [ fc Z Zb]da c fW d] da c fX e[ d cf[ df d[ b`eda H Qfd` f^ c Z Zb^ab
c __b f] Wb _U dX e` ab f[ e__c f] Z edc _da H fX bab d _d] ad cfZ ^c ad cac f] e b `[ bf_c fac P e__c f[ d
]e U Yda b f ^dZ b^ac ac f ef b X ef d` [ d cab f [ c_f 8 TM Tf <"T@ BT< "Bf f LY ae _c f ]c ` da c ^dc [ e__C c aadW da H f] Z b^adW c T L cfW c _d[ da H f[ e_f e^adS d cab f[ df d[ b`eda H fc __c fZ ^c ad cf] Z b^adW c Qf ^ dZ b^ac ac f] Y _f e^adS d cab ] ae ]]b Qf 3 f[ df - &5fU db ^` dQ f ] c _W b f[ dW e ^] c fd` [ d cVdb `ef[ e_f X e[ d b f e^adS d cab ^e Tf R_ e^adS d cab f[ dfd [ b`eda H fc __c fZ ^c ad cf] Z b^adW c f[ eWe fe ]]e ^e f] Z edS d b fZ e^fd _fM bab d _d] X b 6` b `fZ b]]b `b fe ]]e ^e f^ da e ` Yadf W c _d[ df e^adS d cadf ^ d_c ] dc adf b `ae ]aY c_X e` ae fZ e^fZ d f] Z b^a b f e^adS d cadf ^ d_c ] dc adf Z e^fc _a ^ df ] Z b^aQf c ` K ef` e_f c]b f[ df adZ b_b Udc f[ df W d] da c fc ` c_b Uc>T
? e_f c]b fd` f Y df _c fW c _d[ da H f[ e__c fW d] da c fX e[ d cf] c[ cf` e_f b ^] b f[ e__C c ` `b f] Z b^adW b f3
` ee]]c ^dc fY `cf` Yb Wc f e^adS d cVdb `efc f b Z e^aY ^c f[ e_f B @BBTfL cfZ ^b e[ Y^c f[ cf] e U Yd^ e fd` f c ]b f[ df ] c [ e` Vc f[ e_f M e^adS d c ab f[ df R[ b`eda H fI Ub`d] ad c
` e_f b ^] b f[ e__c f] ac U db `eQf c _f Sd` ef[ df Z ^b ^b Uc^e f_c fW c _d [ da H f[ e__c fL d e ` Vc f6 K ef] c[ e
b X Y`; Yefd_f - <f[ d eX P^e fB @ BB>f3 f_c f] e U Ye` ae 5
= R_f Z d_b ac f[ eWe f] b aab Z b^] df c fW d] da c fe f b `]e U `c^e fc _f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P fd_
` Yb Wb f e^adS d cab 4
= R_f 9 ^e ]d[ e` ae f[ e_f M TM Tf [ eWe fc U Udb ^` c^e f_c f[ cac f[ df ] c [ e` Vc f[ e_f e ^adS d c ab f[ d
d[ b`eda H f] Y _f ] d] ae X cfd` Sb ^X cadW b fS e [ e^c _e fa ^ c X da e fc Z Zb]da c fZ ^b e[ Y^c 4
= R_f Z d_b ac Qf a^ c X da e fM *A M RQ f Z ba^ H fW d] Y c_dV Vc ^e fe f] c _W c ^e fd` fZ [Sf _c fL d e ` Vc f b `
_C c U Udb ^` cX e` ab f[ e__c fW d] da c fX e[ d cTfR ` fc _a e ^` cadW c fd _fM bab fM _Y P fZ ba^ H f^ d] ac X Zc^e
_C e ad K eaac f b `fd_f [ cab fc U Udb ^` cab fe [ fc Z Z b^_c f] Y __c f c^[ T
 f^ d] Z eaadW c X e` ae f^ e ]Z b`]c P d_da H f[ e_f Z d_b ac fe f[ e_f 9 ^e ]d[ e` ae f[ e_f M TM Tf d_f ] b aab Z b^] df c
` Yb Wc fW d] da c fX e[ d cfe f_C c U U db ^` cX e` ab f[ e_f [ cab fc f] d] ae X cfd` Sb ^X cadW b fS e [ e^c _e Tf
R _f M e^adS d cab Qf Sc aae f] c _W e fe We ` aY c_df [ d] Z b]dV db `df _e U d] _c adW e fc f_dW e __ b f^e U db `c_e Qf [ eWe
e ]]e ^e f b `]e ^W c ab fd` fb ^dU d` c_e fZ e^f< @fc ` `df [ c_f 9 ^e ]d[ e` ae f[ e_f M bab fM _Y P Qf d_f ; Yc_e f3 ^ e ]Z b`]c P d_e f dW d_X e` ae fe fZ e` c_X e` ae f[ df ; Yc` ab f[ d K dc ^c ab fc __C c aa b f[ e__c f^ d K de ]ac T ? e_f c]b f[ df Z c]]c U Udb fc [ fc _a ^ b fM bab fM _Y P fd` f b ^] b f[ df ] ac U db `eQf d_f Z d_b ac f[ eWe b `]e U `c^e fc _f ` Yb Wb fM bab fM _Y P fY `cf b Z dc f b `Sb ^X efc __C b ^dU d` c_e f[ e_f M e^adS d c ab [ df R[ b`eda H T K VU A VVA U] ^[ A VX U< <[ V] ^[ Q^ U Q[ RL X & = LefS a^ Y aaY ^e fS c` da c ^de f? cVdb `c_df c Y ab ^dV Vc ae 4 = RfM e` a^ df A M SRfc Y ab ^dV Vc adf c __c f e^adS d c Vdb `e4 = Me[ d df ]Z edc _d] adf d` fM e[ d d` cf[ e__b f]Z b^af d] ^da adf ` e__C I _P bf^e U db `c_e f[ eU _d ] Z edc _d] adf c Y ab ^dV Vc adf c __b f] b Z bfe [ fb Z e^c ` adf Z ^e ]]b f] a^ Y aaY ^e fc Y ab ^dV Vc ae 4 = Me` a^ df [ df M e[ d d` cf[ e__b fS Zb^afc Y ab ^dV Vc adf c __c f e^adS d cVdb `ef[ c__c fR eU db `eTf M XT^ ^C ]UV[ T VX ^9 [ QJ X^[ QL A T^L ] UV= L [VX ^U Q[ RL [ VX ^[ QQ- ] RV] UX F LR9 D LD )RI fV RS RL J fM J8 RM #J VRS RL I f8 RfL R9 D fI 5fffffffffffffffffffffffffffff VRS RL I f8 RfL R9 D f0 5 Ld e` Vc fM d` dR bc[ ffffffffffffffffffffffffffff Ld e` Vc fM d` dD SS ^ b c[ L d e` Vc fV e _b da H :V e _b da H fJ _da e ffffffff Ld e` Vc fA Yb ^d] a^ c [ c:A Yb ^d] a^ c [ cfJ _da e L d e` Vc fV e _b da H fD `efJ We ` a ffffffffffff Ld e` Vc fA Yb ^d] a^ c [ cfD `efJ We ` a J ]ae ` ]db `efV e _b da H fffffffffffffffffffffffff J]ae ` ]db `efA Yb ^d] a^ c [ c ffffffffffffffffffffffffffffffffffffffffffffffffffffffff J70 d e :J 70 d e fD `efJ We ` a Ld e` Vc fL ^c d` d` U fffffffffffffffffffffffffffffff Ld e` Vc fL ^c d` d` U 63 6 2 M e^adS d c Vdb `efX e[ d c L d e` Ve @ DF, ^S W 6 YOOW ^Y K W G Z^I OZM ZI Z^N ZI )ZY K SZ^ A  g iu diz io  d el  m ed ic o  c e rtif ic a to re ,  a l  d i  s o p ra  d ei  4 0 a n ni  d i  e tà  o  la d dove e sis te sse ro  f a tto ri d i r is c h io  c a rd io va sc o la re , s i r a cc o m an da l ’ e se cu zio n e d i te st e cg  m assim ale  a  s o stit u zio n e d i  e cg  b asa le /e cg  c o n  t e st d i  b aste r.  @ DF ^B N P IYH ?NW!B YN !O ZI YM :Y^N ZO W KI ZW S Y ^W ^B ZO P SZ^I P M^H ZK W 6 ZO ZS 0 M b_b ^b f K ef] b `b fZ b^ac ab ^df [ df Y `cf; Yc_ K ef[ d] c P d_ da H Qf c _f S d` ef[ df b aa e ` e^e f_c fL d e` Vc fZ e^f_b ] Wb _U dX e` ab f[ e__C c aadW da H fX bab d _d] ad cQf [ eWb `b f] b aa b Z b^] df c fW d] da c fX e[ d b 7] Z b^adW c fZ e^ d_f ^ d_c ] db f[ e__C d[ b`eda H Qf c __c f] a^ e U Ycf[ df ; Yc` ab fZ ^e ] ^da ab fZ e^fa Y aadf df Z d_b adf 6 W e [ df c ^aTf< BTB >Tf
R _f M e[ d b f e^adS d cab ^e fe [ fd_f 9 ^e ]d[ e` ae f[ e_f M TM Tf Y df c Z Zc^ade ` efd_f Z d_b ac f] b `b f^ e ]Z b`]c P d_ d
^ d] Z eaadW c X e` ae f[ e_f ^ d_c ] db f[ e__C d[ b`eda H fc U b`d] ad cfe f[ e__c f^ d K de ]ac f[ df L d e` Vc Qf d_f Y d
b `]e U YdX e` ab fZ ^e We [ ef K efdf Z b^ac ab ^df [ df ; Yc_] dc ]df [ d] c P d_da H fZ c^ae dZ d` b fc __e fX e[ e]dX e
b X ZeadV db `dfb ^U c` dV Vc ae fZ e^fa Y aadfd fZ d_ b adT fR f_ dX da dfe ` a^ b f Y dfZ Y/ fe ]]e ^e f^ da e ` Yac fc X Xd] ]dP d_e
_ c f b `e]]db `ef[ e__C d[ b`eda H fc U b`d] ad cfc [ fc a_e adfZ b^ac ab ^df[ dfY `cf; Yc_] dc ]df[ d] c P d_da H f] b `b
[ df e ] _Y ]dW c f b X Zeae ` Vc f[ e_f M e[ d b fM e^adS d cab ^e fe f]b `b f; Ye__df d` [ dW d[ Ycadf [ c__c
A e[ e^c Vdb `efM bab d _d] ad cfR` ae ^` cVdb `c_e f6A RM >f ` e_f M e[ d c_f M b[ efW c _d[ bfZ e^f_C c ` `b fd`
b ^] b Tf R_f M e[ d c_f M b[ eQf d` Sc aadQ f Z ^e We [ efe ]Z ^e ]] c X e` ae f K efc _ Y `ef] Z edS d K ef[ d] c P d_d a H
e ] _Y [ c` b fac ]]c adW c X e` ae fd_f ^ d_ c ] db f[ e__c fL d e` Vc Tf R_f M e[ d b fM e^adS d cab ^e Qf d` f c]b f[ d
[YP Pdf b f` e_f c]b fd` f Y df ` ee ]] da df [ df X cU Udb ^df d` Sb ^X cVdb `dQ fZ Y/ f b `ac aac ^e f_c fM bX Xd] ]db `e
M e[ d cfA M Rf 6X e[ d c Se [ e^X bab Tda >T f L cfM bX X d] ]db `efM e[ d cfA M RQ f ] Y f^d K de ]ac f[ e_
X e[ d b fb f[ e_f L e ]]e ^c ab fZ b^ac ab ^e f[ df Y `cf; Yc_] dc ]df [ d] c P d_da H Qf ` b X d` e^H fY `fM bX da c ab
L e ` d b f[ dfW c _Y ac Vdb `ef] Z edS d cac X e` ae f b X Zb]ab f[ cfe ]Z e^adfc f] e b `[ cf[ e__c f] Z edc _da H
] Z b^adW c f X bab d _d] ad cf Z e^f _c f ; Yc_e f ]df ^d K de [ ef _c f Ld e` Vc Qf ]e ` ada b fd_f Z c^e ^e f [ e_
M bb^[ d` cab ^e f[ e_f M bX da c ab f[ df S Ze dc _d a H fS Zb^adW c Tf R_f M bX da c ab fL e ` d b fd` [ dW d[ Ycab f[ c__c
M bX Xd] ]db `efM e[ d cfc W^H fY `f^ Y b _b fY `d cX e` ae f b `]Y _a dW b fe [ fe ]Z ^dX e^H f] Y df] d` U b_df c]d
Z c^e ^df ` b `fW d` b _c ` adQ fS e ^X bf^ e ]ac ` [ bf K efd_f M e[ d b fM e^adS d cab ^e fc Y ab `b X cX e` ae fZ ba^ H
[ ed[ e^e f d` f X e^da b f c_f ^d_ c ] db f bf X e` b f [e_f e^adS d cab f [df d[ b`eda H f cU b`d] ad cQ
d` [ dZ e` [ e` ae X e` ae f[ c_f Z c^e ^e f[ e__c fM bX X d] ]db `efM e[ d cfA M RTfL ef^ d K de ]ae f[ df L d e` Vc
Z e^f df Z d_b adf Z b^ac ab ^df [ df Y `cf; Yc_] dc ]df [ d] c P d_da H f[ eWb `b fe ]]e ^e fd` Wdc ae fW dc f9 JM fb fd`
b ^dU d` c_e f[ c_f M TM Tfc _f M bTR eTQfd_f ; Yc_e f3 fa e ` Yab fc fa ^ c ]X eaae ^e f; Yc` ab f^ d eWY ab Qf b X Z^e ]c
Y `cf b Z dc f [e_f e^adS d cab f [df d[ b`eda H f cU b`d] ad cf K ef d` f ;Ye]ac f d^ b ]ac ` Vc f Wc
e ]Z ^e ]]c X e` ae f^ d K de ]ac fc _f M TM Tfe [ f3 fZ c^ae fd` ae U ^c ` ae f[ e__c f[ bY X e` ac Vdb `ef` ee]]c ^dc
Z e^f d_f ^d_c ] db f [e__c f Ld e` Vc Qf c__c f M bX Xd] ] db `ef M e[ d c f 6X e[ d c Se [ e^X bab Tda >
Y `d cX e` ae fZ e^fZ ^e ]c fW d] db `eQf b `fc _X e` b f- @fU db ^` df [ df c ` ad dZ bTf
Tipologia Licenze   Tipologia Visita 0HGLFD   Validità  
Licenza -0LQL5 RDG
-Velocità
– Velocità Elite
– Velocità One Event-/LFHQ]D 7UDLQLQJA 1 anno  – Visita medica
– Esame completo delle urine
– Elettrocardiogramma a riposo
– Esame neurologico
– Elettroencefalogramma prima visita
(ripetizione nel corso degli anni successivi
su richiesta medico certificatore)
-Visus
– Senso cromatico
Licenza -Mini 2IIURDG
-Fuoristrada
– Fuoristrada Elite
-)XRULVWUDGD2QH(YHQW
-(% LNH(%LNH2QH(YHQW
-/LFHQ]D 7UDLQLQJB 1 anno  -Visita medica
– Esame completo delle urine
– Elettrocardiogramma basale e dopo sforzo
(test di Master)
-Spirometria
-Visus
– Senso cromatico
– Licenza Fuoristrada con
Estensione VelocitàB+A 1 anno  -Visita medica
– Esame completo delle urine
– Elettrocardiogramma basale e dopo sforzo
(test di Master)
-Spirometria
-Visus
– Senso cromatico
– Esame neurologico
– Elettroencefalogramma prima visita
(ripetizione nel corso degli anni successivi
su richiesta medico certificatore)
– Licenza Velocità con
Estensione FuoristradaA+B 1 anno  -Visita medica
– Esame completo delle urine
– Esame neurologico
– Elettroencefalogramma prima visita
(ripetizione nel corso degli anni successivi
su richiesta medico certificatore)
-Visus
– Senso cromatico
– Elettrocardiogramma basale e dopo sforzo
(test di Master)
-Spirometria

IaadW da H fR ` ae ^` cVdb `c_e L d e` Ve
L cfL d e` Vc fe X e]]c fZ ba^ H fd` [ d c^e fe We ` aY c_df Z ^e ] ^dV db `df b f_dX da c Vdb `dQ f X e` a^ e fd_
e^adS d cab f[ df d[ b`eda H fc U b `d] ad cf? D ?fZ Y/ fd` [ d c^e fe We ` aY c_d f _dX da c Vdb `df Z e^fc aadW da H
^ d] e ^W c ae fc f] b UUeaadf Z b^ac ab ^df [ df [ d] c P d_da H fe fZ e^ac ` ab f? D ?f[ df b X Zeae ` Vc f[ e__c
A M RTfR fZ d_b adf [ d] c P d_df Z ba^ c ` `b f^ d K de [ e^e f_c fL d e` Vc fV e _b da H fJ _da e fc _f b ]ab f[ df % BB@Q@ @
Z ^e ]e ` ac ` [ bQfY `da c X e` ae fc __c f[ bY X e` ac Vdb `efZ ^e Wd] ac fZ e^fd_f ^ d_c ] db f[ e__c fL d e` Vc Q
Y `cf b Z dc f[ e__c f e^adS d cVdb `ef^d_c ] dc ac f[ c__C R? 9Sfb f[ c__C R? IRL fc aae ]ac ` ae f_c
d` Wc _d[ da H :[ d] c P d_da H f Z e^X c` e` ae f e[ fd_f U ^c [ bf[ e__c f ]ae ]]c Tf Rf Z d_b adf cSS e aadf [ c
Zc^c Z _e U dc :ae a^ c Z _e U dc f `b `f Zb]]b `b f b `]e U Yd^ e f _c f Ld e` Vc f IUb`d] ad cQf c[
eeVdb `ef[ e__c fL d e` Vc fV e _b da H fD `efJ We ` af 6c ` K efd` f` YX e^b f] Y Z e^db ^e fc __e fB
b `]e ` ada e fc __C c ^aT< <T4 >f _dX da c ac X e` ae fc f[ eae ^X d` cae fX c` dS e ]ac Vdb `df ] Z b^adW e fe :b
aY ^` df [ df Z ^b We f_dP e^e fd` fZ d] ac Qffe ]Z ^e ]]c X e` ae fc Y ab ^dV Vc ae f[ c_f S LS T
<-TfW S SZ7 ZS 0 ^Z M SY N M W:ZP MWOY @,F@ ^O ZI YM :W ^P BYM LcfL d e` Vc fD Ze` f3 fd _fa da b _b f K ef b `]e ` ae f_ c fZ c^ae dZ cVdb `ef[ edfZ d_b adfA M RfY ` d cX e` ae c __e fX c` dS e ]ac Vdb `df d] ^da ae fc fM c_e ` [ c^db fA RM fJ Y^b Z efD Ze` Tf V de ` ef^ d_c ] dc ac Qf ] b _c X e` ae fd` fSb ^X cab f[ dU da c _e Qf c df a da b _c ^df [ df L d e` Vc fI Ub`d] ad cQf c [ e eVdb `ef[ df b _b ^b f K ef] b `b fd` fZ b]]e ]]b f[ df L d e` Vc fI ]]d] ae ` ae fL ^dc _Q f L d e` Vc V e _b da H fD `efJ We ` aQfL d e` Vc fA Yb ^d] a^ c [ cfD `efJ We ` aQfL d e` Vc fJ 70 d e f] dc fc ` `Yc_e f K e D `efJ We ` aQfL d e` Vc fL ^c d` d` U TfL cfL d e` Vc fD Ze` f` b `f] b ]ada Y d] ef_ c fL d e` Vc fI Ub`d] ad c f[ df Y df d_f Z d_b ac f[ eWe fe ]]e ^e fZ ^e We ` adW c X e` ae fa da b _c ^e f fb f_c fL d e` Vc fR` ae ^` cVdb `c_e 6 A RM fb fA RM fJ Y^b Z e>f  f K efd_f Z d_b ac f[ eWe f^ d K de [ e^e f] e U Ye` [ bf_c fZ ^b e[ Y^c f^ dZ b^ac ac
c __C c ^aTf < -TB Qf c _f Sd` ef[ df Z c^ae dZ c^e fc __e f b X ZeadV db `df d] ^da ae fc fM c_e ` [ c^db fA RM M KcX Zdb `]K dZ QfA RM fM b`ad` e` ac _f M KcX Zdb `]K dZ fb fA RM fR` ae ^` cadb `c_T ? e__C e We ` aY c_da H f K ef_c fX c` dS e ]ac Vdb `ef^ d] Y _a df b `ae X Zb^c ` ecX e` ae fd] ^da ac f] dc fc M c_e ` [ c^db fA RM fJ Y^b Z efD Ze` f K efc fM c_e ` [ c^db fA RM fR` ae ^` cadb `c_Q f d_f Z d_b ac fZ Y/ ] eU _de ^e f ]e f Zc^ae dZ c^e f b `f _c f Ld e` Vc f D Ze` f bZ ZY^e f b `f _c f Ld e` Vc f ARM R` ae ^` cadb `c_f M eead` U ]f6 _d e` Vc fW c _d[ cfZ e^fZ c^ae dZ c^e fc fX c` dS e ]ac Vdb `df d` ae ^` cVdb `c_d ` b `fada b _c ae >Tf R` f; Ye]aCY _a dX bfc]b Qf [ bW^H f Z ^b e[ e^e f cf ^d K de [ e^e f _c f L d e` Vc
R` ae ^` cVdb `c_e f] e U Ye` [ bf_c fZ ^b e[ Y^c fd` [ d cac fc __C c ^aT< -TB TB N P IYH ?NW^B YN ^N ZI )ZY K SW ^O ZI YM :W ^P BYM LcfL d e` Vc fD Ze` fZ Y/ fe ]]e ^e f^ d K de ]ac fc __c fA M Rfc fZ c^ad^ e f[ c_f < fU e` ` cdb fB @B Bfa ^ c X da e _c fZ dc aac Sb ^X cfM *A M RQf c __c f; Yc_e fd_f Z d_b ac fZ Y/ fc e [ e^e fa^ c X da e f_e f ^e [ e` Vdc _dQ f Z e^ _C b aae ` dX e` ab f[ e__e f; Yc_df ] df ^ dX c` [ cfc __C c ^aT< 5 Tf L cf^ d K de ]ac f[ df L d e` Vc fD Ze` f[ eWe fe ]]e ^e fd` Wdc ac fa^ c X da e fM *A M Rf c _X e` b f$ fU db ^` d c` ae e[ e` adf _c f[ cac f[ e__c fX c` dS e ]ac Vdb `efc __c f; Yc_e fd_f Z d_b ac fd` ae ` [ efZ c^ae dZ c^e Tf f ? e__c f] e Vdb `efM *A M Rf df Z d_b adf Z ba^ c ` `b Qf a^ c X da e f_c f] e Vdb `ef] Z edS d cQf ^ d K de [ e^e f_c L d e` Vc fD Ze` f b X Zd_c ` [ bfdf [ cadf ^ d K de ]adf Z e^f_C e X d] ]db `ef[ e__c fL d e ` Vc fe fZ ^b e[ e` [ b c_f Z cU cX e` ab f[ e__c f] ae ]]c fa ^ c X da e fa ^ c ` ]c Vdb `ef b `f c^ac f[ df ^e [ da b Tf U `cfW b _a c fe ]Z _e ac ae f_e fZ ^b e [ Y^e f[ df Y df ] b Z ^c Qf_C U SS d db fL d e` Ve fZ ^b WWe [ e^H fc 5 c> I; Yd] d^ e fd_f P e` e]ac ^e f[ e_f S eaab ^e fL e ` d b fS Zb^adW b 4
P > Ve ^dS d c^e f K efd_f e^adS d cab f[ df d[ b`eda H fI Ub`d] ad cf] dc fc ` b ^c fd` f b ^] b f[ df W c _d[ da H 4
> Ve ^dS d c^e f K efd_f Z d_b ac f` b `f] dc f] ac ab fU dY [ d c ab fU `Sda f[ c__c fM bX Xd] ]db `efM e[ d c4
[ > Ve ^dS d c^e f K efd_f Z d_b ac f` b `fc P Pdc fd` f b ^] b fZ ^b WWe [ dX e` adf [ d] dZ _d` c^df K e
d` dP d] c` b f_c f] Y cfZ c^ae dZ cVdb `efc fU c^e Qf ; Yc_dQ f c fada b _b fe ]e X Z_dS d cadW b fe f` b `
e]c Y ]adW b Qf_c f] b ]Z e` ]db `efe :b fd_f ^ da d^ b f[ e__c fL e ]]e ^c fe :b fL d e` Vc fA M RT
L e ^X d` cae f_e fZ ^b e[ Y^e f[ df W e ^dS d c f[ df Y df c df Z Y` adf c >Q f P >Qf >Qf e f[ >Qf ] df Z ^b WWe [ e^H fc
b `Wc _d[ c^e f_c f^ d K de ]ac fZ e^W e ` Yac Tf R_f Z d_b ac f^ d e We ^H f; Yd` [ df Y ` Ce X cd_f [ df b `Se ^X cfe
Z ba^ H fW d] Y c_dV Vc ^e fe [ fe SS e aaY c^e fd_f [ b( `_b c[ fd` fZ [Sf[ e__c fL d e ` Vc fD Ze` f] Y fM *A M RT
? e_f c]b fd ` f Y dfd _fZ d_b ac f` b `fc P Pdc fd f^ e ; Yd] da dfZ e^f b `]e U Yd^ e f_ c fL d e` Vc fD Ze` Qf_ C U SS d db
Z ^b WWe [ e^H f cf ^e ]Z d` U e^e f _c f ^d K de ]ac f cWc ` Vc ac f e[ f c[ f cWWdc ^e f b `f _C U SS d db
I X Xd` d] a^ c Vdb `ef_c fZ ^b e[ Y^c fZ e^f_c f^e ]ada Y Vdb `ef[ e__C dX Zb^ab fW e ^] c ab Qf K efW e ^^H
^dc ^e [ da c ab f] Y __c f c^ac f[ df ^e [ da b Tf
? e_f c]b fd` f Y df d_f Z d_b ac fc P Pdc fe ^^b `ecX e` ae fd` b _a ^ c ab f_c f^ d K de ]ac f[ df e X d] ]db `ef[ e__c
L d e` Vc fD Ze` fe f_C U SS d db f` b `fc P P dc fc ` b ^c fZ ^b WWe [ Yab fc [ fc eaac ^e f[ eaac f^ d K de ]ac Q
]df Z ba^ H fZ ^b e[ e^e fc f^ dU eaa c ^e f_c fZ ^c ad c fe [ fc [ fc WWdc ^e f_c fZ ^b e[ Y^c f[ df ^ dX Pb^] b
[ e__C dX Zb^ab fW e ^] c ab Tf
? b`f3 fd` We efZ ^e Wd] ab fc _ Y ` f^ dX Pb^] b f` e_f c ]b fd` f Y df _C U SS d db fc P P dc fU dH fZ ^b WWe [ Yab
c f b `Wc _d[ c^e f_c f^ d K de ]ac f[ df e X d] ]db `ef[ e__c fL d e ` Vc fD Ze` T
64 65

IaadW da H fR` ae ^` cVdb `c_e L d e` Ve
ZG BP NSP ^Y ^G PHWOZS 0 ^H Z^B W 4 WG YM SP
LCdX Zb^ab f[ e__c fL d e` Vc fD Ze` fB @BBf3 f[ df% 5@Q@ @f[ cfW e ^] c ^e fc __c fA M RfY `d cX e` ae fa ^ c X da e
a ^ c ` ]c Vdb `ef b `f c^ac f [df ^e [ da b Tf M b_b ^b f K ef [e]d[ e^c ` b f Z^e ` [ e^e f Zc^ae f c
X c` dS e ]ac Vdb `df D Ze` Qf ] dc f[ df R bc[ fR cd` U f K ef[ df D SS ^ b c[ Qf [ eWb `b f^d K de [ e^e f` TB
L d e` Ve fD Ze` fc __C dX Zb^ab f[ df % 5@Q@ @f c[ cY `cTfL c _e f^ d K de ]ac Qf K efZ Y/ fe ]]e ^e fc Wc ` Vc ac
] b _c X e` ae f[ cdfZ d_b adfd ` f^ e U b_c f b `fe ` a^ c X Pef_ e f e^adS d cVdb `dfX e[ d K ef6 W d] da c fc U b`d] ad c
[ df adZ bfI fe f[ df adZ bf0 >Qf b X ef b X Z^b Wc ab f[ c__c fL d e` Vc fI Ub`d] ad cfd` f_b ^b fZ b]]e ]]b Q
Z Y/ fe ]]e ^e fS c aac f] dc f b `ae ]aY c_X e` ae f K ef` b `T
7 W OZH ZS 0
LcfL d e` Vc fD Ze` Qf^ d_c ] dc ac fY `d cX e` ae fd ` fS b ^X cab f[ dU da c _e QfK cfW c _d[ da H fZ e^f_ c f] Z edc _da H
d` [ d cac f6R bc[ fR cd` U fb Z ZY^e fD SS R bc[ >f e f] b _c X e` ae fZ e^f_e fU c^e fd] ^da ae fc fM c_e ` [ c^db
A RM fJ Y^b Z efD Ze` Qf U c^c ` ae ` [ bfc _f Z d_b ac f K ef` ef3 fada b _c ^e fY `b f] ac ^ad` U fZ e^X d] ]db `
Z e^X c` e` ae fZ e^fZ ^e ` [ e^e fZ c^ae fc f; Ye]ae fX c` dS e ]ac Vdb `dT
L cfW c _d[ da H f[ e__c fL d e` Vc fD Ze` Qf c ` K efZ e^fU _df c ]Z eaadf [ df ` caY ^c fc ]]d Y ^c adW c Qf [ ec[ ^H
` e_f c]b fd` f Y df d_f Z d_b ac fW e ` U cf] Y e]]dW c X e` ae fU dY [ d cab fU `Sda f [ c__c fM bX Xd] ]db `e
M e[ d cQf b Z ZY^e f` b `fc P Pdc f^d` `b Wc ab fc __c f] c[ e` Vc fd_f ] Y b fM e^adS d cab f[ df R[ b`eda H
I Ub`d] ad cfb Z ZY^e f] dc f] ac ab f b _Z da b f[ cfZ ^b WWe [ dX e` adf [ d] dZ _d` c^df K efc W^e P Pe^b
Z ^e _Y ]b fd_f ^ d_c ] db f[ e__c fL d e` Vc fD Ze` f b X eQf c fa da b _b fe ]e X Z_dS d cadW b fe f` b `fe ]c Y ]adW b Q
_c f] b ]Z e` ]db `efe :b fd_f ^ da d^ b f[ e__c fL e ]]e ^c fe :b fL d e` Vc Tf L cfW c _d[ da H f[ e__c fL d e` Vc fD Ze`
[ ec[ ^H fc ` K ef` e_f c]b fd` f Y df d_f Z d_b ac fZ ^e ` [ cfZ c^ae fc f b X ZeadV db `dQ f _c ]]dQ f cae U b^de
e :b f d_d` [ ^c ae fc __e f; Yc_df ` b `f] c ^e P Pefc Y ab ^dV Vc ab fc fZ c^ae dZ c^e f] Y __c fP c]e f[ e__c fL d e` Vc
I Ub`d] ad cfd` f] Y b fZ b]]e ]]b fe f[ edf R eU b_c X e` adf S Zb^adW df [ df S Zedc _da H Tf L cfW c _d[ da H f[ e__c
L d e` Vc fD Ze` f[ ec[ ^H fc ` K ef` e_f c]b fd` f Y df d_f Z d_b ac fZ ^e ` [ cfZ c^ae fc f[ eae ^X d` cae
b X ZeadV db `dQ f b X ef_e fU c^e fd` ae ^` cVdb `c_df K ef] df ] Wb _U b`b f] Y fZ e^ b ^] df da ac [ d` dT f
@ ,FD ^O ZI YM :Y^Z M SY N M W:ZP MWOZ
LcfL c P e__c f[ e__e fadZ b_b Ude f[ df L d e` Ve fR` ae ^` cVdb `c_df Z ^e Wd] ae f[ c__c fA e[ e^c Vdb `e
R` ae ^` cVdb `c_e f[ df M bab d _d] X bf6A RM >f e f[ c__c fA e[ e^c Vdb `efM bab d _d] ad cfJ Y^b Z ec
6A RM J>fe [ fdf ^ e _c adW df dX Zb^adf 3 f b `]Y _a c P d_e f] Y _f ] da b fS e [ e^c _e f( ((TS e [ e^X bab Tda TM P NG Y^4 YM YN WOZ
= LcfL d e` Vc fR` ae ^` cVdb `c_e fZ Y/ fe ]]e ^e f^ d_c ] dc ac Qf Z ^e Wdb fZ c^e ^e fSc Wb ^e Wb _e f[ e_
S LS Qf ] b _b fc df Z b]]e ]] b ^df [ df d[ b`ecfL d e` Vc fA M RQf e eVdb `fSc aa c fZ e^fdf ada b _c ^df [ d
Ld e` Vc fL ^c d` d` U T
= R_f Z b]]e ]]b f[ e__c fL d e` Vc fR ` ae ^` cVdb `c_e f` b `fU c^c ` ad] ef_c fZ c^ae dZ cVdb `efc __c
X c` dS e ]ac Vdb `eQf K ef3 f] Y P b^[ d` cac fc __e f` b ^X cadW e fZ ^e Wd] ae f[ c__c fA RM Qf A RM Jfe
[ cdf 9 ^b X bab ^dT
= Rf Z d_b adf K efW b U_db `b fZ c^ae dZ c^e fc fU c^e fd` ae ^` cVdb `c_df A RM f[ df M bab ^c __* :0 c c Qf ] dc
a da b _c ae f K ef` b `Qf [ eP Pb`b f] b ]ae ` e^e fU _df e ]c X df c U UdY `adW df Z ^e Wd] adf ` e_f M e[ d c_
J c X d` cadb `fA b^X T
= Lcf^ d K de ]ac f[ df L d e` Vc fR ` ae ^` cVdb `c_e f[ eWe fe ]]e ^e fd` Wdc ac fc __ c fA M Rfc _X e` b f< 5 fU db ^` d Z ^dX cf[ e__c f[ cac f[ e__c fX c` dS e ]ac Vdb `eQfY `da c X e` ae fc __c f^ d K de ]ac f[ df ` Y__c fb ]ac T = Rf L e c X :S Y [ e^de f K ef^ d K de [ b`b f_c fL d e ` Vc fR` ae ^` cVdb `c_e fZ e^fZ c^ae dZ c^e fc __e U c^e f[ df J `[ Y^c ` ef[ eWb `b fe ]] e ^e fZ ^e We ` adW c X e` ae fd` fZ b]]e ]]b f[ df L d e` Vc f[ d Le cX :S Y [ e^dc f? cVdb `c_e T = ?b`f3 fZ b]]dP d_e f^ d K de [ e^e f_b fZ ]e Y [ b`dX bf] Y __c fL d e` Vc fR` ae ^` cVdb `c_e Tf H P I?G YM SZ^M YI YK KW N Z = Ac] d b _b f[ df ^ d K de ]ac fL d e ` Vc fR ` ae ^` cVdb `c_e Qf[ eP da c X e` ae f b X Zd_c ab fd` fb U `df ] Y c Z c^ae Qf b X Z^e ]c f_C d` [ d c Vdb `ef[ e_f ^e Se ^e ` ae f6` b X d` cadW b fe f b `ac aa b fae _e Sb `d b f e__Y _c ^e >f[ cfZ bae ^fY ad_dV Vc ^e f; Yc_e f b `ac aab fd` f c]b f[ df e X e^U e` Vc Tf9 e^f_c fL d e ` Vc
A RM :A RM Jf [df I ]]d] ae ` ae f L^dc _f ef [df M b`[ dc _e f J`[ Y^c ` ef Le cX fZ^e ]e ` ac ^e
Y `d cX e` ae f_c f^ d K de ]ac fe f_b f] U ^c Wdb f[ df ^ e ]Z b`]c P d_ da H T
= Abab b Z dc fS ^ b `ae :^e a^ b f[ df Y ` f[ bY X e` ab f[ df d[ e` ada H f[ e_f Z d_b ac fd` f b ^] b f[ df W c _d[ da H T
= 8d K dc ^c Vdb `ef [df I ]]e ` ]b f Ze^f Ld e ` Vc f R` ae ^` cVdb `c_e f B@ BBQf b X Zd_ c ac f e
]b aab ] ^da a c f [ cf e` a^ c X Pdf df U e` da b ^dQ f b `fc__e U cae f _e f b Z de f S^ b `ae :^e a^ b f[ ed
[ bY X e` adf [ df d[ e` ada H f[ df e ` a^ c X PdQ fd` f c]b f[ df Z d_b ac fX d` b ^e ` `eT
= Ve ^] c X e` ab f[ e__c f; Yb ac fZ ^e Wd] ac fc fX eVVb fP b`dS d b fP c` c^db f] Y _f ] e U Ye` ae fR 0 I? 5
RL 4$U @<@@5@--@@@@@@ @@ <@ <@B T = MbZ dc f[ e_f M e^adS d cab fI 8 JLfSb ^fR? LJ R ? IL RD ?IL7L J VJ LfI L # LJ LJ S Qf e^adS d cab c aae ]ac ` ae fd_f b X Z_e ac X e` ab f[ e_f b ^] b fe 7_e c^` d` U Qf [ d] Z b`dP d_e f] Y __c fZ dc aac Sb ^X c I8 JLf^ c U UdY `U dP d_e fc _f ] e U Ye` ae f_d` 5fK aaZ ]5: :c [ e_T ( c[ c7c X cTb ^U T 66 6b IaadW da H fR` ae ^` cVdb `c_e L d e` Ve Rf Z d_b adQ f ] Z ^b WWd] adf [ e__e f ^e [ e` Vdc _dQ f [ bW^c ` `b fZ e^fZ ^dX cf b ]c f^ e U d] a^ c ^] df 6 _d c` [ b ]Y _f Z Y_] c ` ae fR eU d] ae ^>Tf
? e_f b X Zd_c ^e fdf Z ^b Z ^df [ cadf c ` cU ^c Sd df [ bW^c ` `b fc We ^e f Y ^c f[ df d` [ d c^e f` e_f cX Zb
R b_e f_c fW b efI aK _e ae ]5U `cfW b _a c f b X Z_e ac ac f b `f] Y e]]b f_c f^e U d] a^ c Vdb `eQf ] c ^H fZ b]]dP d_e f _d c^e f] Y __ c
W b efS dU `fR ` fe [ fd` ]e ^d^ e f_e fZ ^b Z ^de f ^e [ e` Vdc _df 6 Y ]e ^` cX efe fZ c]]( b^[ >fZ e^fc e [ e^e
c df b ^] df b `_d` eTf fRf Z ^b U ^c X Xdf [ df Sb ^X cVdb `ef] Z e dS d df Z e^fU _df c a_e adf e f` b `f] b _b f] b `b
^dZ b^ac adf ` e__c f8 c]K P bc^[ Tf R_f b ^] b f] Z e dS d b fZ e^fdf Z d_b adf d` ae ^` cVdb `c_df 3 f[ e` b X d` cab
I [e_f S b ^fR` ae ^` cadb `c_7 L eWe _f I aK _e ae ]Tf R_f b ^] b f3 f] a^ Y aaY ^c ab fd` f< B fX b[ Y_dQ f c _f a e ^X d` e [ edf ; Yc_df 3f Z ^e Wd] ab f Y`f Ad` c_f  YdV f Z e^f d_f b `]e U YdX e` ab f [ e_f e^adS d c ab Qf [ c a^ c ]X eaae ^e QfY `cfW b _a c fc ; Yd] da b Qf c __C U SS d db fL d e ` Ve f6_d e` Ve  Se [ e^X bab Tda >T f
L Cd` Wdb f[ e_f e^adS d cab f3 f^e ; Yd] da b fd` [ d] Z e` ]c P d_e fZ e^f_C b aae ` dX e` ab f[ df Y ` cf; Yc_] dc ]d
L d e` Vc fR` ae ^` cVdb `c_e fB @BB Tf fRf Z d_b adQ f K efK c` `b f b `]e U Yda b f` e_f B @ B< fd_f M e^adS d c ab I 8 JLfS b ^fR ? LJ R ? IL RD ?IL7L J VJ LfI L # LJ LJ S Qf` b `f[ eWb `b f] Wb _U e^e f` Yb Wc X e` ae fd_ b ^] b Qf [ c_f X bX e` ab f K efd_f e^adS d cab f b `]e U Yda b fK cfW c _d[ da H fP de ` `c_e f[ c__c f[ cac [ e__C b aae ` dX e` ab TfL cf[ bY X e` ac Vdb `ef] b Z ^c f^ dZ b^ac ac f[ eWe fe ]]e ^e fd` Wdc ac f` e_f ^ d] Z eaa b [ e__c fa e X Zd] ad cfd` [ d cac fe f b `fY `cf[ e__e f] e U Ye` adf X b[ c_da H 5 7 R` fb ^dU d` c_e fW dc fZ b]ac fc 5 A J 8 JR I'RD ?JfM DLD MRM LRS LRM IfRL I LRI ? I VRI LJ fL R' RI ? D f$ @f7 f@ @< & fR D M I M:I fU AARM RD fL RM J? 'J D ZZY^e 7 R` fSb ^X cab fZ [Sf c fQL ]T <]  C]LF= ] J ]UE XVX FV ^Y ad_dV V c ` [ bfZ e^f_c fa^ c ]X d] ]db `e Y`d cX e` ae f_c f c]e __c f[ df Z b]ac fe _e aa^ b `d cf e^adS d cac f69 JM >Qf ^ d] Y _a c ` ae f` e__c
] K e[ cf[ df I SS d_dc Vdb `e:R dc SS d_ dc Vdb `ef[ e_f M bab fM _Y P fZ ^e ]e ` ae f` e_f ] d] ae X c
d` Sb ^X cadW b fS e [ e^c _e Tf
@ F^I P BYN S? NY^W KKZI ?NWS Z7 Y ^
O-Z M >P NG WS Z7 W ^ WKKZI ?NWS Z7 W ^ BYN ^Z^ OZI YM :ZW S Z^ BW N SY I ZB W M SZ^ W
I P G BYSZ: ZP MZ^ ZK I NZS SY ^ W^ IWOY M HWN ZP ^ >ZG ^ ]^ >ZG ^ Y? NP BY,
N Y4 P OW N G YM SY ^S ZS P OW N Z^ H Z^ W BBP KZS W ^O ZI YM :W ^ZM SY N M W:ZP MWOY ,
7Y N N0^N YK W ^M P SW ^K ? O^K ZS P ^> Y H YN G PSP FZ S
6 8 69

8bY X e` adf Y ad_d L d e` Ve
M P NG Y^4 YM YN WOZ
Lcf b Z e^aY ^c fc ]]d Y ^c adW c QfZ e^f_e f] Z edc _da H fZ e^f_e f; Yc_df ] dc fZ ^e Wd] ab fd_f _b ^b f] W b _U dX e` ab
d` fdX Zdc ` adf e f d^ Y da dQ f3 fb Z e^c adW c f] b _b fe [ fe ] _Y ]dW c X e` ae f] e f_C c aadW da H fW de ` efb ^U c` dV V c ac
[ cfM bab fM _Y P fb f[ cfS bde aH fd` fZ b]]e ]]b f[ df L d e` Vc f[ df D ^U c` dV Vc ab ^e fe f] Wb _a c fd`
dX Zdc ` ad: d^ Y da df Z ^b WWd] adf [ df D X b_b Ucf^d_c ] dc ac f[ c__c fA M Rf e f] e b `[ bfdf Z c^c X ea^ d
] ac P d_da df ` e_f 8 bY X e` ab f[ df D X b_b UcfZ e^f_C c aadW da H f[ df c __e ` cX e` ab Tf Yc_] dc ]df c aadW da H f[ d
c__e ` cX e` ab fe SS e aaY cac fd` fdX Zdc ` adQ f d` [ dZ e` [ e` ae X e` ae f[ c__c f] Z edc _da H f] Z b^adW c
Z ^c ad cac Qf[ eWe fe ]]e ^e f] Wb _a c fd` fdX Zdc ` ad: d^ Y da df b X b_b Ucadf [ c__c fA M RTf
D _a ^ e fc df Z ^d` dZ df [ df c^c aae ^e fU e` e^c _e f] b Z ^c fe ]Z b]adQ f ] df Z ^e d] c f K efd` fb c]db `e
[ df c __e ` cX e` adf ] Wb _a df ` e__e f[ d] dZ _d` ef[ e_f SY b ^d] a^ c [ cQf _c f b Z e^aY ^c fc ]]d Y ^c adW c f3
W d` b _c ac fc _f Z ^e We ` adW b fd` b _a ^ b f[ df Y `fS M Sfc __c fM bX ZcU `dc fc _f Sd` ef[ df c aadW c ^e f_e
U c^c ` Vde fc ]]d Y ^c adW e fZ ^e Wd] ae fd` f9 b_dV Vc Qf b X ef[ df ] e U Yda b f[ d] dZ _d` cab 5
7 Rf a da b _c ^df [ df
S ] RR] U[ ^K CXUV e fS] RR] U[ ^G T K CXUV Qf Z ^dX cf[ df d` dV dc ^e f_c f] e ]]db `ef[ d
c__e ` cX e` ab Qf[ eWb `b fd` b _a ^ c ^e fY `fS M Sfc _f ` YX e^b fa e _e Sb `d b f, ,F $$$@Tf
R _f ae ]ab f [e_f X e]]c U Udb Qf cSS d` K f `b `f Ue` e^df e^^b ^df e:b f c` b X c_de Qf [eWe
b ^^d] Z b`[ e^e fe ]c aac X e` ae fc f; Yc` ab f^dZ b^ac ab f] Y __c fL e ]]e ^c fe f^d] Z eaac ^e f_c
] e U Ye` ae f] d` ac ]]d5
M XE ]-I X8TX E ]-S -T AE ]UX ^J ^ S ] RR] U[ ^K CXUV^% R ] T <[ ^5 [UU] ^] ^R ] T <[ ^K ^= T [Q] ( M XE ]-I X8TX E ]-S -T AE ]UX ^J ^S ] RR] U[ ^G T K CXUV^% R ] T <[ ^5 [UU] ^] ^R ] T <[ ^ ^= T [Q] (F 7 Rfa da b _c ^df[ df O L ]T <[ QfZ ^dX cf[ dfd ` dV dc ^e f_ c f] e ]]db `ef[ dfc __e ` cX e` ab Qf[ eWb `b fd ` b _a ^ c ^e Y `fS M Sfc _f ` YX e^b fa e _e Sb `d b f, ,F $$$@Tf R_f a e ]ab f[ e_f X e]]c U Udb Qfc SS d` K f` b `fU e` e^df e ^^b ^df e :b fc ` b X c_de Qf[ eWe f b ^^d] Z b`[ e^e e ]c aac X e` ae fc f; Yc` ab f^ dZ b^ac ab f] Y __c fL d e` Vc fe f^ d] Z eaac ^e f_c f] e U Ye` ae f] d` ac ]]d5 M XE ]-I X8TX E ]-O -T AE ]UX ^J ^ O L ]T <[ ^% L X E CU] T R9 X ^J ]QQ[ ^Q] VV] U[ (F S Y_f ^ e a^ b f[ e__c fL e ]]e ^c f6S Zb^afe fM d` dS Zb^a>f e f[ e__c fL d e` Vc fW de ` ef^ dZ b^ac ab fd_f a e ]ab
Z e^] b `c_dV Vc ab f[ e_f X e]]c U Udb f[ cfd` Wdc ^e TfS b_c X e` ae f `e_f c]b f d` f Y df d_ f ]d] ae X cf cY ab X cad b f [ df ^d eVdb `ef [ edf X e]]c U Ud
^d] b `a^ c ]]e f[ e__e fd` b `U ^Y e` Ve Qf _C Y ae ` ae f^ d eWe ^H fY ` f] X ]f[ df c WWd] b fZ e^fX c` cac
c aadW c Vdb `ef[ e__c f b Z e^aY ^c fc ]] d Y ^c adW c Qf c _f ^ d e WdX e` ab f[ e_f ; Yc_e f[ bW^H f b `a^ b __c ^e
_c f b ^^e aae VVc f[ edf [ cadf a ^ c ] ^da adf e fZ ^b e[ e^e fc [ fY ` f` Y b Wb fd` Wdb T
LCd` b _a ^ b f[ e__C S M Sfc aadW c f_e fU c^c ` Vde fc ]]d Y ^c adW e f[ c__C b ^c f[ df d` Wdb fe f] d` b fc __e fb ^e fB 45@ @
[ e__c f] ae ]]c fU db ^` cac 4fZ e^ac ` ab f_C S M Sf[ eWe fe ]] e ^e fd` b _a ^ c ab fb U`df ; Yc_W b _a c f] df d` ae ` [ c
eSS e aaY c^e fY `cf] e ]]db `ef[ dfc __e ` cX e` ab Qfc We ` [ bf_ c f b Z e^aY ^c fY `cfW c _d[ da H f_ dX da c ac fc __e
b ^e fB 45@ @f[ e__c f] ae ]]c fU db ^` cac Tf ? b`f3 f` ee ]] c ^db fd` Wdc ^e fc _ Y `fS M SQf [ c_f X bX e` ab
K ef _e f b Z e^aY ^e f c]]d Y ^c adW e f ]df caadW c ` b f d` f cY ab X cad b Qf `e__e f X c` dS e ]ac Vdb `d
b X Zeada dW e Qf ` e__e f] e ]]db `df Z ^dW c ae f[ df Z ^b We f_dP e^e f[ df V e _b da H fe f` eU _d f c __e ` cX e` ad
b __e U dc _dQ f d` ae ` [ e` [ bf b `f; Ye]adf Y _a dX df _e fc aadW da H f[ d[ caad K e7Sb ^X cadW e fU e]ada e f[ cd
Le ` d df A e[ e^c _dT f S dc fZ e^fU _df d` Sb ^aY `df c WWe ` Yadf d` fc __e ` cX e` ab f K efZ e^f; Ye__df b b ^] d
d` fX c` dS e ]ac Vdb `dQ f _c f[ e` Y `dc f[ eWe fe ]]e ^e fe SS e aaY cac f[ c_f [ d^ e aab fd` ae ^e ]]c ab fb f[ cd
Sc X d_d c ^dQ f] e b `[ bf_e fX b[ c_da H fd` [ d cae f` e_f M b`a^ c aa b fI ]] d Y ^c adW b Qfc _f ; Yc_e f] df ^ dX c` [ cT
H P I?G YM SZ^? SZO Z
- GXJAQX ^N L 1 ] RV[ ^O L ] T <[ ^W 8XTR VL [ ^D ;D D^ K aaZ 5: :( ((TS e [ e^X bab Tda : [ bY X e` ab :X b[ Y_b 7_d e` Vc 7c U b`d] ad c7B @ BB : - GXJAQX ^N L 1 ] RV[ ^O L ] T <[ ^Y -6  ]^D ;D D K aaZ 5: :( ((TS e [ e^X bab Tda : [ bY X e` ab :X b[ Y_b 7_d e` Vc 7J 70 d e 7fB @ BB : -^^ G XJAQX ^N L 1 ] RV[ ^O L ] T <[ ^Y -6  ]^P T]^Y 9] T V^D ;DD K aaZ 5: :( ((TS e [ e^X bab Tda : [ bY X e` ab :X b[ Y_b 7_d e` Vc 7J 70 d e 7D `e7J We ` aB @B B: - GXJAQX ^N L 1 ] RV[ ^O L ] T <[ ^7 ]QX LV + ^P T]^Y 9] T V^D ;D D K aa Z 5: :( ( (TS e [ e^X bab Tda : [ bY X e` ab :X b[ Y_b 7_d e` Vc 7V e _b da H 7D `e7J We ` a7 B @B B: - GXJAQX ^N L 1 ] RV[ ^O L ] T <[ ^> AX UR VU [ J [^P T]^Y 9] T V^D ; DD ^
KaaZ 5: :( ((TS e [ e^X bab Tda : [ bY X e` ab :X b[ Y_b 7_d e` Vc 7A Yb ^d] a^ c [ c7D `e7J We ` a7 B @ BB:
- GXJAQX ^N L 1 ] RV[ ^O L ] T <[ ^S U[ T T 8 ^D ;D D^ K aaZ 5: :( ((TS e [ e^X bab Tda : [ bY X e` ab :X b[ Y_b 7_d e` Vc 7L ^c d` d` U 7B @ BB: - GXJAQX ^H L 1 [ U[ <X T]^J ^ W RR] T RX ^O L ]T <[ ^> G Z^D ;D D
KaaZ 5: :( ((TS e [ e^X bab Tda : [ bY X e` ab :[ bY X e` ab :c ]]e ` ]b 7U e` da b ^d7 Z e^7 L d e ` Vc 7B @ BB :
- GXJAQX ^H L 1 [ U[ <X T]^J ^ W RR] T RX ^O L ]T <[ ^Z T V] UT [<X T[Q] ^D ; DD KaaZ 5: :( ((TS e [ e^X bab Tda : [ bY X e` ab :c ]]e ` ]b 7U e` da b ^d7 Z e^7 L d e` Vc fR` ae ^` cVdb `c_e 7B @BB: b0 b1 2022 MyFM I b5 b 4 M *A M R AbY ] @$F^G > G Z&^I 1]^L X R- ^] ^L X E ]^U ] 8 R VU [ UR
M *A X df 3 f_c fZ dc aac Sb ^X cf[ e__c fA M Rf [ e[ d cac fc faY aadf df L e ]]e ^c adQ f a^ c X da e f_c f; Yc_e f3
Z b]]dP d_e fc e[ e^e fc f] Z edS d df ] e ^W dV dT fR_f Z b^ac _e f3 fc e]]dP d_e fc aa^ c We ^] b 5
= ]da b f1 VVC &’ ’E =E F = ] J ]UE XVX FV ^
= Kb X efZ cU ef[ e_f ] da b fS e [ e^c _e f( ((TS e [ e^X bab Tda f7 fW b ef! M *A M R f6 d` fc _a b fc f[ e]a^ c
d` fc ^c ` db `e>T
= Kb X efZ cU ef[ e_f ] da b fK aaZ 5: :] dU X cTS e [ e^X bab Tda f fW b efd] ^dV db `d5 f[ c_f Z b^ac _e fS dU X cQ
Z e^fe SS e aaY c^e f_C d] ^dV db `efc __e fX c` dS e ]ac Vdb `dQ f d_f ae ]]e ^c ab fW e ^^H fd` [ d^ dV Vc ab fc __c
Z cU d` cf[ df _b Ud` f[ e_f Z b^ac _e fM *A X dT
S df ^ d b ^[ cfc df Z b]]e ]]b ^df [ df L d e` Vc fA M Rf K efZ e^fe SS e aaY c^e f_c f^e U d] a^ c Vdb `efc _
Z b^ac _e fM *A X df b f^ e Y Z e^c ^e f_e f ^e [ e` Vdc _df [ df c e]]b f ^T ]L]RR[ UX ^T R] UU ] ^Q
T AE ]UX ^J ^ S ] RR] U[ ^] ^T X T^Q^ T AE ]UX ^J ^ O L ]T <[ F^ N Y4 ZK SN W:ZP MY^H YZ^S Y K KYN WS Z S ef` b `f] df Z b]]de [ efc ` b ^c fY `fc b Y`af 3 f` ee]]c ^db f _d c^e f] Y f! R eU d] a^ c ad fe ] Y e]]dW c X e` ae f] Y f! R eU d] a^ c Vdb `efa e ]]e ^c ab T < T R` ]e ^d^ e 5f ` YX e^b f[ df L e ]]e ^c fA M Rf d` f b ^] b f[ df W c _d[ da H f f b [ d efSd] c_e f7 f b [ d e M cZ a K cfd` [ d cab fc f_c ab :] b aab T BT M_d c^e f] Y _f a c ]ab f! 9 ^b ]e U Yd T - T Mb`a^ b __c ^e fdf [ cadf ^ dZ b^ac adf c Y ab X cad cX e` ae fe f b `Se ^X c^e f_C d` [ d^ dV Vb fe 7X cd_T f R_f ] d] ae X cfd` Wde ^H fc Y ab X cad cX e` ae fY `cfe 7X cd_f b `f_e f ^e [ e` Vdc _df [ df c e]]b Tf  fZ b]]dP d_e fX b[ dS d c^e f_ c fY ]e ^` cX ef b `fY `cfc fZ dc e^e Qf[ dS S e ^e ` ae f[ c__C d` [ d^ dV Vb fe 7X cd_T M ]Q^ L [RX ^T ^L A ^ Q^ R R V] E [^U R L X TVU ^ A T[^[ T X E [Q[ ^U 8 A[UJ X^[ Q^ T AE ]UX ^J ^ S ] RR] U[ T R] UV X ^ ]'X ^ [Q^ LX JL ]^ =R L [Q] ,^ ^ T]L]RR[ UX ^ LX TV[ VV[ U] ^ Q^ G XVX ^ I QA 5 ^ J [C C[UV] T ]T <[ ^C ]U^C UX L]J ]U] ^[ QQ[ ^L X UU] <X T]^J ]^ J [VF N YI ?BYN P ^H YOOY ^I NYH YM :ZW OZ^H Z^W I IYK KP ^W O^B P NSW OY ^G > G Z
Sef] df3 fU dH fd ` fZ b]]e ]]b f[ dfY `fc b Y`aQfX cf` b `f] df^ d b ^[ c` b f_ e f ^e [ e` Vdc _df[ dfc e]]b Q
3f Zb]]dP d_e f ^e Y Z e^c ^_e f _d c` [ bf ]Y _f ZY_] c ` ae f !U ]e ^` cX ef e:b f 9c]]( b^[
[ dX e` ad cae  f Z^e ]e ` ae f `e__c f Kb X ef ZcU ef [e_f Zb^ac _e f M*A X d
61 VVC &’ ’E =E F = ] J ]UE XVX FV ’ E =E ’ E > G ZN L 1 ] J I U] J ]T <[ QF [ RC >T f` ee]]c ^db fd` ]e ^d^ e fd_f ` YX e^b f[ df L e ]]e ^c fA M Rf6 d` f b ^] b f[ df W c _d[ da H >Qfd_f b [ d efS d] c_e
e [ fd_f b [ d efM cZ a K cfd` [ d c ab fc f_c ab :] b aab Tf L Ce 7X cd_f b `f_e f ^e [ e` Vdc _df W e ^^H fd` Wdc ac
c __C d` [ d^ dV Vb fe 7X cd_f ^ e U d] a^ c ab f` e__C c ` cU ^c Sd c f[ df a e ]]e ^c X e` ab T
>? M:ZP MWOZS 0 ^H YO^B P NSW OY ^G
>G Z^I P M^S Y K KYN W^> G Z^Z M ^I P NKP ^H Z^7 W OZH ZS 0
I _f Z ^dX bfc e]]b fW e ^^H f^ d K de ]ab f[ df b `Se ^X c^e fdf [ cadf c ` cU ^c Sd d5 f ] df ^ c b X c` [ cf[ d
We ^dS d c^e fdf [ cadf c ` cU ^c Sd df e f[ df b `Se ^X c^_dT f  Yc_b ^c fY ` b fb fZ d f[ cadf c ` cU ^c Sd df ] dc ` b
e^^c adQ f 3 f` ee]]c ^db f b `ac aac ^e fd_f M bab fM _Y P fZ e^f _c f b ^^e Vdb `ef6^ J [V^ 9 ] T 8 XTX
[L AR V ^ [ A VX E [VL [E ]T V] ^[ T L1 ]^J [Q^ R R V] E [^8 ]RVX T[Q] ^J ]Q^ S ] RR ] U[ E ]T VX >Tf
 fZ b]]dP d_e fX b[ dS d c^e fc Y ab `b X cX e` ae fdf [ cadf [ df ^ e ]d[ e` Vc fe [ fdf Z ^b Z ^df b `ac aadT f
J SS e aaY cab f_C c e]]b Qf_c fZ cU d` cf[ df M *A X df Z ^e ]e ` ac f] e Vdb `df e f] e ^W dV d5
6 [L1 ]L[^ ^a c _e f] e Vdb `e Z^e We [ ef_C d` ]de X ef[ edf [ cadf [ e_f L e ]]e ^c ab 5
= ?bX eQf b U`b X efe f[ cac f[ df ` c] da c
= Mbab fM _Y P f[ df c Z Zc^ae ` e` Vc
= Le ]]e ^c fS e [ e^c _e
= Ld e` Vc fI Ub`d] ad cf6] e fd` fZ b]] e ]] b f[ e_f L e ]] e ^c ab >
= ?YX e^b f[ df M bab fd] ^da ae fc _f R eU d] a^ b fS ab ^d b fA M Rf6] e fd` fZ b]] e ]] b f[ e_f L e ]] e ^c ab >
= ?YX e^b f[ df d] ^dV db `df c fM cX Zdb `cadf b fM c` dS e ]ac Vdb `df X bab d _d] ad K ef6c __e f; Yc_d f d_
L e ]]e ^c ab f] dc fe We ` aY c_X e` ae fd] ^da ab >
Z^E ] ^ J [V^ 7 fa c _e f] e Vdb `ef b `ade ` efdf [ cadf Z e^] b `c_df [ e_f L e ]]e ^c ab 5
= df [ cadf c ` cU ^c Sd df ` b `fZ b]]b `b fe ]]e ^e fX b[ dS d cad5 f ] e f] df ^ d] b `a^ c ` b fe ^^b ^dQ f Z e^
_c f b ^^e Vdb `ef3 f` ee]]c ^db fc ` [ c^e f] Y __ c fW b ef M _d c f; Yd Qfc aa^ c We ^] b f_ c f; Yc_e
] df W de ` efd` [ d^ dV V c adf c __c fZ cU d` cf[ df ^ d K de ]ac f[ df ^ e Wd] db `ef[ cadT fL Ce 7X cd_f [ df ^ d K de ]ac
W e ^^H fd` Wdc ac fc __ Y SS d db fL e ]]e ^c X e` ab fe fc _f Z ^b Z ^db fM bab fM _Y P T
= )_df c _a ^ df [ cadf 6^ e ]d[ e` Vc Qf b ^^d] Z b`[ e` Vc Qf b `ac aadQ f c aa dW da H f[ df d` ae ^e ]]e fe
b `]e ` ]df Z ^dW c *f Z e^f ^d eWe ^e f _e f b X Y` d c Vdb `df AM R> f Z b]]b `b f e]]e ^e
X b[ dS d cadfc Y ab `b X cX e` ae f6 L efe We ` aY c_d fX b[ dS d K efe SS e aaY c_e fc U Udb ^` e^c ` ` b
cY ab X cad cX e` ae fc ` K ef_C c ` cU ^c Sd cfZ ^e ]e ` ae f` e_f ] d] ae X cfU e]adb `c_e f[ e_
Le ]]e ^c X e` ab >T

bb
b 6
M *A M R AbY ]
S] RR] U[ E ]T VX
S ] RR] U[ ^J 8 V [ Q] fd` fa c _e f] e Vdb `ef3 fZ b]]dP d_e 5f
= Wd] Y c_dV Vc ^e f_C dX X cU d` ef[ dU da c _e f[ e__c fL e ]]e ^c fS e [ e^c _e fW c _d[ cfZ e^f_c f] ac U db `e
]Z b^adW c fd` f b ^] b 4
= d` ]e ^d^ e f_c fZ ^b Z ^dc fS b ab f] Y __c fL e ]]e ^c f] e U Ye` [ bf_c fZ ^b e[ Y^c f[ e] ^da ac 4
= d` Wdc ^e f_c fZ ^b Z ^dc fL e ]]e ^c fd` fS b ^X cab fZ [Sfc _f Z ^b Z ^db fd` [ d^ dV Vb fe X cd_Q fd` fX b[ b
ac _e f[ cfW d] Y c_dV V c ^_c f] Y __b f] X c^aZ Kb `e:ac P _e afe [ Qfe We ` aY c_X e` ae Qf] ac X Zc^_c 4
= Wd] Y c_dV Vc ^e f_b f] ab ^d b f[ e__e fZ ^b Z ^de fL e ]]e ^e T
S] RR] U[ E ]T VX ^X TQT ]^G I fd` fa c _e f] e Vdb `ef3 fZ b]]dP d_e 5
= eSS e aaY c^e fd_f ae ]]e ^c X e` ab fZ e^f _C c ` `b f] Y e]]dW b fZ ^e ]]b fY `fM bab fM _Y P
c[ e^e ` ae fc _f ] e ^W dV db f! L e ]]e ^c X e` ab fb `_d` efc df M Mfc [ e^e ` ad f6Z e^fX cU Udb ^d
[ eaac U _df ] df ^ dX c` [ cfc __C c ^aTf& T- T< >4
= eSS e aaY c^e fd_f a e ]]e ^c X e` ab fZ e^f_C c ` `b f] Y e]]dW b fZ ^e ]]b fd_f M bab fM _Y P fRa c _dc
6 Z e^fX cU Udb ^df [ eaac U _df ] df ^ dX c` [ cfc __C c ^aTf& T- T< >T
O L ]T <] ^- ^d` fa c _e f] e Vdb `ef3 Zb]]dP d_e 5 = d` ]e ^d^ e f_c fZ ^b Z ^dc fS b ab f] Y __c fL d e` Vc f] e U Ye` [ bf_c fZ ^b e[ Y^c f[ e] ^da ac 4 = d` Wdc ^e f_c fZ ^b Z ^dc fL d e` Vc fd` fS b ^X cab fZ [Sfc _f Z ^b Z ^db fd` [ d^ dV Vb fe X cd_Q f d` fX b[ bfa c _e [ cfW d] Y c_dV Vc ^_c f] Y __b f] X c^aZ Kb `e:ac P _e afe [ Qfe We ` aY c_X e` ae Qf] ac X Zc^_c 4 = Wd] Y c_dV Vc ^e f_b f] ab ^d b f[ e__e fZ ^b Z ^de fL d e` Ve 4 = ^d K de [ e^e f_c fL d e` Vc fD Ze` T I XT9] T <X T7fd ` fa c _e f] e Vdb `efW e ` U b`b fe _e ` cae f_ e fc Vde ` [ efZ c^a` e^f[ e__c fA M RTfM _d c` [ b ]Y _f ` b X ef[ e__C c Vde ` [ cfe f] e U Ye` [ bf_e fZ ^b e[ Y^e f[ e] ^da ae f dc ] Y `fL e ]]e ^c ab :L d e` Vdc ab Z ba^ H fY ]Y S^ Y d^ e f[ df c U eWb _c Vdb `df e f] b `ad] ad K ef[ e[ d cae T G XVX ^J -] C XL[^ fc aa^ c We ^] b fa c _e f] e Vdb `ef3 fZ b]]dP d_e fe SS e aaY c^e f_c fZ ^b e[ Y^c f[ df d] ^dV db `e [ e__c fZ ^b Z ^dc fX bab f[ Ce Z bcfc _f R eU d] a^ b fS ab ^d b fe f b `a^ b __c ^e f_b f] ac ab f[ df c Wc ` Vc X e` ab [ e__c fZ ^c ad cT G [T = ] RV[ <X T^7 f3 f_c f] e Vdb `ef] Z edS d cfc aa^ c We ^] b f_c f; Yc_e fL e ]]e ^c adf e fL d e` Vdc adf Z b]]b `b d] ^dW e ^] df c fM cX Zdb `cadf e :b fc f] d` U b_e fX c` dS e ]ac Vdb `d: U c^e fc aa^ c We ^] b fY `f b __e U cX e` ab [ d^ e aab f] Y _f Z b^ac _e fS R) M ITW QQ] T [E ]T V 7f3 f_c f] e Vdb `ef[ cf Y df 3 fZ b]]dP d_e f_c fZ ^e ` b ac Vdb `ef[ df c __e ` cX e` adf d` fdX Zdc ` ab b X b_b Ucab fA M RT S A UR E X^7 fa ^ c X da e f; Ye]ac f] e Vdb `ef3 fZ b]]dP d_e fd] ^dW e ^] df c __e fX c` dS e ]ac Vdb `df X bab aY ^d] ad K e ef] c^d c^e f_c fI 99f[ e[ d cac Tf I XUR ^J ^= X UE [<X T]^7 fa ^ c X da e f; Ye]ac f] e Vdb `ef3 fZ b]]dP d_e fd] ^dW e ^] df c df b ^] df [ df S b ^X cVdb `e b ^U c` dV Vc adf [c__c f Ae[ e^c Vdb `ef 6U _d f e]da df [e__e f d] ^dV db `df ]b `b f Wd] dP d_df ]Y _f ]da b K aaZ ]5: : b ^] dT S e [ e^X bab Tda >Tf
K ]U9 < ^] == ] VVA [V^7 fd` f; Ye]ac f] e Vdb `efW e ` U b`b fe _e ` cadf df ] e ^W dV df e SS e aaY cadf ` e__c f; Yc_da H f[ d I [[eaab fc _f Z e^ b ^] b fb fI [[eaab f' b`cfL ^dc _T B ]UL X UR X ^=X UE [V9 X ^J ^ R L A U] <<[ 6c aadW da H fd` fW dc f] Z e^dX e` ac _e >f 7 faY ab ^dc _f Z e^fL d e` Vdc ad
Z ^dX cf[ df ^ d K de [ e^e f_c fL d e` Vc Tf
N Y4 ZK SN W:ZP MY^Y ^> ? M:ZP MWOZS 0 ^H YO^B P NSW OY ^G > G Z^B YN ^M P M^S Y K KYN WS Z
 fZ b]]dP d_e f^ e U d] a^ c ^] df c _f Z b^ac _e fM *A X df c ` K efZ e^f b _b ^b f K ef` b `f] b `b fd` fZ b]]e ]]b f[ d
Y`cfL e ]]e ^c fA M Rfd` f b ^] b f[ df W c _d[ da H f6X cdf a e ]] e ^c adf c __ c fA M Rfb f b `fL e ]] e ^c f] c[ Yac >Tf
9 e^f ^e U d] a^ c ^] df 3f `ee]]c ^db f _d c^e f ]Y f !R eU d] a^ c ad f ef ]Y e]]dW c X e` ae f ]Y
!R eU d] a^ c Vdb `ef` b `fa e ]]e ^c ab 5
< T R` ]e ^d^ e fd_f Z ^b Z ^db f b [ d efS d] c _e Qf_c fZ ^b Z ^dc f[ cac f[ df ` c] da c fe [ fd_f b [ d efM cZ a K cT BT M_d c^e f] Y f! 9 ^b ]e U Yd T - T R` ]e ^d^ e fdf Z ^b Z ^df [ cadf c ` cU ^c Sd dQ f df [ cadf [ df ^ e ]d[ e` Vc Qf df b `ac aa df e [ fdf b `]e ` ]df Z ^dW c *T S Ye]]dW c X e` ae f _d c^e f ]Y f !M b`Se ^X c 5f We ^^ H f d` Wdc ac f Y`cf e7X cd_ f b `f _e ^e [ e` Vdc _df [ df c e]]b T ? b`fe ]]e ` [ bfae ]]e ^c adf c __c fA M RQf d_f Z b^ac _e f3 fb Z e^c adW b fc fSY ` Vdb `c_da H f^d[ baae Tf  b `]e ` ada b 5 = Wd] Y c_dV Vc ^e fdf Z ^b Z ^df [ cadf c ` cU ^c Sd d4 = eSS e aaY c^e f d_f ae ]]e ^c X e` ab f b`_d` ef cdf M bab f M _Y P fK ef c[ e^d] b `b f c_f ]e ^W dV db ! L e ]]e ^c X e` ab fb `_d` e f6Z e^f_c f Y df Z ^b e[ Y^c f] df ^ dX c` [ cfc __C c ^aTf& T- T< >4
= JSS e aaY c^e fd_f ae ]]e ^c X e` ab fb `_d` efc _f M bab fM _Y P fRa c _dc f6 _d c ^e f] Y fL e ]]e ^c X e` ab 
Le ]]e ^c X e` ab fb `_d` efc df M Mf MMfRa c _dc >4
= R] ^dW e ^] df c __e fc aadW da H f_c f Y df Z c^ae dZ cVdb `ef3 f b `]e ` ada c fc ` K efc df ` b `fae ]] e ^c ad
6e ]e X Zdb 5f b ^] df K b P P*f] Z b^aQf cWc _ cae QfX bY`ac d` fa ^ dc _Q f b ^] df S b ^X cVdb `ef^ d] e ^W c ad> T

2022
Ib port i  s e rv iz i 
e  b odalit à  
d i  p ag ab en to

80 81
RX Zb^adQ f] e ^W dV df e fX b[ c_da H f[ df Z cU cX e` ab
@ #F^Z G BP NSZ^K YN 7Z: Z^Y ^G PHWOZS 0 ^H Z^B W 4 WG YM SP
8 df ] e U Yda b fdf ] e ^W dV df e ^b Ucadf [ c__c fA M Rf S e[ efM e` a^ c _e 5f df W e ^] c X e` adf ^e _c adW df _e fL d e` Ve f[ ed
Z d_b adf] a^ c ` de ^dQ f_ e fL d e` Ve fd ` ae ^` cVdb `c_dfe f_ e fX b[ dS d K efd ` e^e ` adf_ c f[ e` b X d` cVdb `ef[ e_fM TM T
[eWb `b fe ]]e ^e fe SS e aaY cadf c fX eVVb fP b`dS d b fP c` c^db f] Y _f ] e U Ye` ae fR0 I? 5
ZS  ? ;@;;$ ;,,;^^^^^^^^^^; ;;;;;;@;@;D
^4 Q^ E CXUV^J ]QQ] ^O L ]T <] ^Z T V] UT [<X T[Q^R X TX ^U C XUV[ V^R A Q^R V X ^" ""F= ] J ]UE XVX FV F                                                              BONIFICO CARTA DI  CREDITOBANCOMATUTILIZZO  CREDITO  TESSERA MEMBER DIGITALE MC ITALIA 70,00X 60,00 X 150,00 X 340,00 X  25,00 X  80,00 X 150,00 X 390,00 X ,00X LICENZA INTERNAZIONALEX   80,00 X  40,00 X  40,00 X * X  50,00 X 100,00X X        SERVIZIO IMPORTO  MODALITÀ DI PAGAMENTO MODIFICA DENOMINAZIONE MOTO CLUB                         L I C E N Z A  M I N I O F F R O A D  E  M I N I R O A D   P I L O T I   S T R A N I E R I LICENZA ASSISTENTE TRIAL PILOTI STRANIERI LICENZA VELOCITÀ PILOTI STRANIERI LICENZA FUORISTRADA ONE EVENT PILOTI STRANIERI LICENZA VELOCITÀ ELITE  PILOTI STRANIERI L I C E N Z A  V E L O C I T À  E L I T E  F E M M I N I L E   P I L O T I   S T R A N I E R I L I C E N Z A  V E L O C I T À  E L I T E  P I L O T I  D I S A B I L I   S T R A N I E R I ESTENSIONE FUORISTRADA-VELOCITÀ PILOTI STRANIERI L I C E N Z A  F U O R I S T R A D A  P I L O T I  S T R A N I E R I   L I C E N Z A  F U O R I S T R A D A  E L I T E  P I L O T I  S T R A N I E R I LICENZA VELOCITÀ ONE EVENT PILOTI STRANIERI LICENZA E-BIKE PILOTI STRANIERI 81'(5220,00 L I C E N Z A  O P E NLICENZA E-BIKE 21((9(17PILOTI STRANIERI0,00X   LICENZA E-BIKE PILOTI STRANIERI  0,00X       LICENZA  75$,1,1* PILOTI STRANIERI,00 RX Zb^adQ f] e ^W dV df e fX b[ c_da H f[ df Z cU cX e` ab 82 83 RX Zb^adQ f] e ^W dV df e fX b[ c_da H f[ df Z cU cX e` ab 8 df ] e U Yda b fdf ] e ^W dV df e ^b Ucadf [ cdf M bX da c adf R eU db `c_d5 f df W e ^] c X e` adf ^ e _c adW df c __e f; Yb ae f[ d I SS d_dc Vdb `eQf R dc SS d_dc Vdb `eQf L e ]]e ^c X e` ab fe fL d e` Ve fI Ub`d] ad K ef[ eWb `b fe ]]e ^e e SS e aaY cadf X e[ dc ` ae fc ^e [ da b f] Y _f b `ab f b ^^e ` ae fP c` c^db f[ e_f b X Zeae ` ae fM bTR eT b `f_C d` [ d cVdb `ef[ e__c f cY ]c _e f[ df W e ^] c X e` ab T I XJL ]^Z 6 WM ^I XTV^ Y TVU [ V] ^I XE V [ V^ N ]8 X T[QR X Zb^adQ f] e ^W dV df e fX b[ c_da H f[ df Z cU cX e` ab BONIFICO CARTA DI  CREDITOBANCOMATUTILIZZO  CREDITO  AFFILIAZIONE '$/$/ 200,00 X X X X X RIAFFILIAZIONE DAL 1/11/20  AL 31/1/202 100,00 X X X X X 37,00 X X X X X T E S S E R A  M E M B E R   11 0 , 0 0 X X X X X L I C E N Z A  M I N I O F F R O A D  E  M I N I R O A D35,00 X X X X X 60,00 X X X X X L I C E N Z A  A S S I S T E N T E   T R I A L  XXXXX L I C E N Z A  V E L O C I T À150,00 XX XXX L I C E N Z A  F U O R I S T R A D A  O N E  E V E N T340,00 XX XXX LICENZA VELOCITÀ ELITE 25,00 XX XXX LICENZA VELOCITÀ ELITE FEMMINILE 80,00 XX XXX LICENZA VELOCITÀ ELITE PILOTI DISABILI150,00 XX XXX ESTENSIONE FUORISTRADA-VELOCITÀ390,00 XX XXX ,00 XX XXX 220,00 XX XXX 80,00 XX XXX  40,00 XX XXX  40,00 X X X X X 10,00 X X X X X ,00XX XXX 4                                 MODALITÀ DI PAGAMENTO SERVIZIO IMPORTO           TESSERATE S S E R A  S P O R   SPORT T  T E S S E R A  M I N I S P O R T L I C E N Z A  F U O R I S T R A D A   L I C E N Z A  F U O R I S T R A D A  E L I T E LICENZA VELOCITÀ ONE EVENT LICENZA E-BIKE LICENZA E-BIKE ONE EVENT                                                                                            LICENZA  75$,1,1*       0,00 LICENZA E-BIKE 81'(5    ?edf] e U Ye` adfM bX da c adfR eU db `c_d5 fI P^Y VVb Qf0 c]d_d cac QfM c_c P ^dc QfM cX Zc` dc QfJ X d_d c fR TQ A ^dY _df V T) TQf L cVdb Qf L dU Y^dc Qf L b X Pc^[ dc Qf M c^ K eQf M b_d] e Qf 9 de X b`ae Qf 9 YU _dc Qf S c^[ eU `cQ S d d_dc Qf L b ] c` cQf U X P^dc Qf V c __ e f8 I b]ac Qf V e ` eab fd_ f Z cU cX e` ab fZ Y/ fc ` K efe ]]e ^e e SS e aaY cab fa ^ c X da e fZ b]ac Vdb `ef9 D SfX e[ dc ` ae fM c^ac f[ df M ^e [ da b fb f0 c` b X caT