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Manual de instrucciones

GA 30+, GA 37, GA 45

Nota de Copyright

Se prohibe cualquier uso no autorizado o la copia de los contenidos o de


cualquier parte de los mismos.

Esto se aplica en particular a marcas comerciales, denominación de


modelos, número de las piezas y diseños.

Fecha de impresión ......... 09/08/2006

Atlas Copco
www.atlascopco.com
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 'NQRGTCTKQFGDGNNGXCTCNCRT±EVKECNCUPQTOCUFGUGIWTKFCFKPFKECFCURCTCGUVGVTCDCLQ[QDUGTXCT
VQFCUNCUQTFGPCP\CU[TGSWGTKOKGPVQUNQECNGUGUVCDNGEKFQUGPOCVGTKCFGUGIWTKFCF
 5KEWCNSWKGTKPFKECEKÉPFGNCUSWGUGEKVCPCEQPVKPWCEKÉPPQEWORNKGTCEQPNCNGIKUNCEKÉPNQECNUG
CRNKECT±NCO±UGUVTKEVC
 .CKPUVCNCEKÉPHWPEKQPCOKGPVQOCPVGPKOKGPVQ[TGRCTCEKQPGUUÉNQUGNNGXCT±PCECDQRQTRGTUQPCN
CWVQTK\CFQ[EQORGVGPVG
 0QUGEQPUKFGTCCNEQORTGUQTECRC\FGUWOKPKUVTCTCKTGTGURKTCDNG2CTCQDVGPGTCKTGTGURKTCDNGGN
CKTGEQORTKOKFQFGDGUGTRWTKHKECFQEQTTGEVCOGPVGRCTCGUVGWUQEQPHQTOGCNCUPQTOCU[NG[GU
NQECNGU
 #PVGUFGGORG\CTGNVTCDCLQFGOCPVGPKOKGPVQTGRCTCEKÉPQCLWUVGQEQORTQDCEKÉPFKUVKPVCFGNC
CVGPEKÉPTWVKPCTKCRCTGGNEQORTGUQTRWNUGGNDQVÉPFGRCTCFCFGGOGTIGPEKCFGUEQPGEVGGN
XQNVCLG[FGURTGUWTKEGGNEQORTGUQT#FGO±UUGCDTKT±[UGDNQSWGCT±GNKPVGTTWRVQTUGRCTCFQTFG
GPGTIÃCGN¾EVTKEC
 0QLWGIWGPWPECEQPGNCKTGEQORTKOKFQ0QNQCRNKSWGCNCRKGNPKFKTKLCEJQTTQUFGCKTGCPKPIWPC
RGTUQPC0QWVKNKEGPWPECGNCKTGEQORTKOKFQRCTCNKORKCTUGNCTQRC#NWUCTNQRCTCNKORKCTGNGSWKRQ
J±ICNQEQPOWEJQEWKFCFQ[RTQV¾LCUGNQUQLQU

2TGECWEKQPGUFGUGIWTKFCFFWTCPVGOCPVGPKOKGPVQQTGRCTCEKQPGU
 2ÉPICUGUKGORTGWPCUICHCUFGUGIWTKFCF
 7UGUQNCOGPVGNCUJGTTCOKGPVCUCFGEWCFCUCNVTCDCLQFGOCPVGPKOKGPVQ[TGRCTCEKÉP
 5ÉNQRQFT±PWVKNK\CTUGTGRWGUVQUQTKIKPCNGU
 .QUVTCDCLQUFGOCPVGPKOKGPVQUGNNGXCT±PCECDQÐPKECOGPVGEWCPFQNCO±SWKPCUGJC[CGPHTKCFQ
 #FGO±UGNGSWKRQFGCTTCPSWGFGDGNNGXCTWPECTVGNSWGFKICRGLUGGUV±VTCDCLCPFQPQRQPGTGP
OCTEJC
 .CURGTUQPCUSWGCEEKQPCPGSWKRQURQTEQPVTQNTGOQVQFGDGPVQOCTNCURTGECWEKQPGUCFGEWCFCU
RCTCCUGIWTCTUGFGSWGPCFKGGUV¾XGTKHKECPFQNCO±SWKPCQVTCDCLCPFQGPGNNC#GUVGHKPUG
EQNQECT±WPCXKUQCFXKTVKGPFQSWGGNGSWKRQGPEWGUVKÉPCTTCPECRQTEQPVTQNTGOQVQ
CFKUVCPEKC 
 %KGTTGNCX±NXWNCFGUCNKFCFGCKTGCPVGUFGEQPGEVCTQFGUEQPGEVCTWPCVWDGTÃC
 #PVGUFGFGUOQPVCTEWCNSWKGTEQORQPGPVGRTGUWTK\CFQCÃUNGGNITWRQFGVQFCUNCUHWGPVGUFG
RTGUKÉP[CNKXKGVQFQGNUKUVGOCFGRTGUKÉP
 0WPECWUGFKUQNXGPVGUKPHNCOCDNGUPKVGVTCENQTWTQFGECTDQPQRCTCNKORKCTNCURKG\CU6QOGOGFKFCU
FGUGIWTKFCFEQPVTCXCRQTGUVÉZKEQUFGNÃSWKFQUFGNKORKG\C
 'ZVTGOGNCNKORKG\CFWTCPVGNQUVTCDCLQUFGOCPVGPKOKGPVQ[TGRCTCEKÉP%WDTCNCURKG\CU[NCU
CDGTVWTCUEQPWPRCÇQNKORKQRCRGNQEKPVCCFJGUKXCGXKVCPFQCUÃSWGRGPGVTGRQNXQ


/CPWCNFGKPUVTWEEKQPGU

 0WPECUWGNFGPKNNGXGCECDQPKPIWPCQRGTCEKÉPSWGKORNKSWGGNWUQFGECNQTEGTECFGNUKUVGOCFG
CEGKVG.QUVCPSWGUFGCEGKVGFGDGPRWTICTUGEQORNGVCOGPVGEQPXCRQTRQTGLGORNQCPVGUFG
GHGEVWCTVCNGUQRGTCEKQPGU0QUWGNFGPKOQFKHKSWGPWPECTGEKRKGPVGUCRTGUKÉP
 #NCOGPQTUGÇCNQUQURGEJCFGUQDTGECNGPVCOKGPVQFGWPCRCTVGKPVGTPCFGWPCO±SWKPCFGDG
RCTCTUG¾UVC[PQCDTKTPKPIWPCVCRCFGKPURGEEKÉPJCUVCWPCXG\VTCPUEWTTKFQDCUVCPVGVKGORQFG
GPHTKCOKGPVQCHKPFGGXKVCTGNTKGUIQFGKIPKEKÉPGURQPV±PGCFGNXCRQTFGCEGKVGCNGPVTCTGP
EQPVCEVQEQPGNCKTG
 0WPECWVKNKEGWPCHWGPVGFGKNWOKPCEKÉPEQPNNCOCNKDTGRCTCKPURGEEKQPCTGNKPVGTKQTFGWPCO±SWKPC
TGEKRKGPVGCRTGUKÉPGVE
 #UGIÐTGUGFGSWGPQJCPSWGFCFQJGTTCOKGPVCURKG\CUUWGNVCUQVTCRQUFGPVTQQGPEKOCFGNC
O±SWKPC
 6QFQUNQUFKURQUKVKXQUTGIWNCFQTGU[FGUGIWTKFCFFGDGPOCPVGPGTUGEQPGNFGDKFQEWKFCFQRCTC
ICTCPVK\CTSWGHWPEKQPCPEQTTGEVCOGPVG'UV±RTQJKDKFQCRCICTGUVQUFKURQUKVKXQU
 #PVGUFGFGLCTNCO±SWKPCNKUVCRCTCWUQFGURW¾UFGNOCPVGPKOKGPVQQTGXKUKÉPEQORTWGDGSWGNCU
RTGUKQPGU[VGORGTCVWTCUFGHWPEKQPCOKGPVQ[NQUCLWUVGUFGVKGORQUQPEQTTGEVQU%QORTWGDGSWG
NQUFKURQUKVKXQUFGEQPVTQN[RCTCFCGUV±PKPUVCNCFQU[HWPEKQPCPEQTTGEVCOGPVG5KUGJCSWKVCFQGN
IWCTFCCEQRNCOKGPVQFGNGLGFGCEEKQPCOKGPVQFGNEQORTGUQTEQORTWGDGSWGGUV±TGKPUVCNCFQ
 'ZCOKPGGNVWDQFGKORWNUKÉP[GNKPVGTKQTFGNFGRÉUKVQUGRCTCFQTFGCEGKVGECFCXG\SWGUGECODKG
GNGNGOGPVQUGRCTCFQTRCTCXGTUKGZKUVGPTGEKRKGPVGUUGRCTCFQTGUFGCEGKVGRCTCFGRÉUKVQUFG
ECTDÉP5KUQPGZEGUKXQUFGDGPTGVKTCTUG
 2TQVGLCGNOQVQTGNHKNVTQFGCKTGNQUEQORQPGPVGUGN¾EVTKEQU[TGIWNCFQTGUGVEFGNCGPVTCFCFG
JWOGFCFRGLFWTCPVGNCNKORKG\CEQPXCRQT
 #UGIÐTGUGFGSWGVQFQGNOCVGTKCNKPUQPQTK\CPVGRGLGPNCECTTQEGTÃC[NQUUKUVGOCUFGGPVTCFC[
UCNKFCFGCKTGFGNEQORTGUQTUGJCNNCGPDWGPGUVCFQ'PECUQFGFCÇQTGGORN±EGNQRQTOCVGTKCN
QTKIKPCNFGNHCDTKECPVGRCTCGXKVCTSWGCWOGPVGGNPKXGNFGRTGUKÉPFGUQPKFQ
 0WPECWVKNKEGFKUQNXGPVGUE±WUVKEQUSWGRWGFCPQECUKQPCTFCÇQCNOCVGTKCNFGNCTGFFGCKTGRGLNCU
VC\CUFGRQNKECTDQPCVQ
 5GJCEGJKPECRK¾GPNCUUKIWKGPVGURTGECWEKQPGUFGUGIWTKFCFCNOCPGLCTGNTGHTKIGTCPVG
Ő 0WPECCURKTGNQUXCRQTGUFGNTGHTKIGTCPVG%QORTWGDGSWGGN±TGCFGVTCDCLQGUV±XGPVKNCFC
CFGEWCFCOGPVGWVKNKEGWPCO±UECTCRTQVGEVQTCUKHWGTCPGEGUCTKQ
Ő 7UGUKGORTGIWCPVGUGURGEKCNGU'PECUQFGEQPVCEVQFGNTGHTKIGTCPVGEQPNCRKGNGPLWCIWGEQP
CDWPFCPVGCIWC'PECUQFGEQPVCEVQFGNTGHTKIGTCPVGNÃSWKFQEQPNCRKGNCVTCX¾UFGNCTQRCPQ
CTTCPSWGPKUGGZVTCKICNCRTGPFCOQLGNCTQRCCDWPFCPVGOGPVGEQPCIWCJCUVCSWGJC[C
FGUCRCTGEKFQVQFQGNTGHTKIGTCPVGCRNKSWGFGURW¾UNQURTKOGTQUCWZKNKQU
 2ÉPICUGUKGORTGIWCPVGURTQVGEVQTGURCTCGNKOKPCTGNTKGUIQFGNGUKQPGUECWUCFCURQTRKG\CUFG
O±SWKPCUUQDTGECNGPVCFCURGLCNUCECTCEGKVG

%QPUWNVGVCODK¾PNCURTGECWEKQPGUFGUGIWTKFCFUKIWKGPVGU2TGECWEKQPGUFGUGIWTKFCF
FWTCPVGKPUVCNCEKÉP[2TGECWEKQPGUFGUGIWTKFCFFWTCPVGHWPEKQPCOKGPVQ
.CURTGUGPVGURTGECWEKQPGUUQPX±NKFCURCTCO±SWKPCUSWGVTCVGPQEQPUWOCPCKTGQ
ICUKPGTVG'NVTCVCOKGPVQFGQVTQUGURGEKGUFGICUGZKIGRTGECWEKQPGUCFKEKQPCNGU
RTQRKCUFGNCCRNKECEKÉPSWGPQHKIWTCPGPGNVGZVQCNRKG
#NIWPCURTGECWEKQPGUUQPFGECT±EVGTIGPGTCN[UQPX±NKFCURCTCXCTKQUVKRQUFG
O±SWKPCU[GSWKRQURQTEQPUKIWKGPVGRWGFGSWGCNIWPCUKPFKECEKQPGUPQTGUWNVGP
UKGORTGCRNKECDNGUCNCO±SWKPC


/CPWCNFGKPUVTWEEKQPGU

 &GUETKREKÉPIGPGTCN

 +PVTQFWEEKÉP

+PVTQFWEEKÉP
.QUOQFGNQU)# C)#UQPEQORTGUQTGUFGVQTPKNNQFGGVCRCÐPKECEQPKP[GEEKÉPFGCEGKVG[
CEEKQPCOKGPVQRQTOQVQTGN¾EVTKEQ.QUEQORTGUQTGUGUV±PTGHTKIGTCFQURQTCKTG
.QUOQFGNQUTGHTKIGTCFQURQTCIWCFG)# C)#UQPEQORTGUQTGUFGVQTPKNNQFGGVCRCÐPKECEQP
KP[GEEKÉPFGCEGKVG[CEEKQPCOKGPVQRQTOQVQTGN¾EVTKEQ

)#9QTMRNCEG
.QU)#9QTMRNCEGXCPCNQLCFQUFGPVTQFGWPCECTTQEGTÃCKPUQPQTK\CPVG.QUEQORTGUQTGUGUV±P
EQPVTQNCFQURQTGNTGIWNCFQT'NGMVTQPKMQPs++FG#VNCU%QREQ'NOÉFWNQFGEQPVTQNGNGEVTÉPKEQGUV±
KPUVCNCFQGPNCRWGTVCRQTGNNCVGTCNFGTGEJQ&GVT±UFGFKEJQRCPGNUGJCNNCWPCTOCTKQGN¾EVTKEQSWG
GPEKGTTCGNCTTCPECFQTFGNOQVQT5GRTQRQTEKQPCWPEQNGEVQTFGEQPFGPUCFQEQPFKURQUKVKXQGNGEVTÉPKEQ
FGFTGPCLGFGCIWC
'9& 


/CPWCNFGKPUVTWEEKQPGU

8KUVCFGNCPVGTCFG)# C)#9QTMRNCEG


/CPWCNFGKPUVTWEEKQPGU

8KUVCVTCUGTCFG)# C)#9QTMRNCEG

4GHGTGPEKC 0QODTG
#8 8±NXWNCFGUCNKFCFGCKTG
%C 4GHTKIGTCFQTFGCKTG
%Q 4GHTKIGTCFQTFGCEGKVG
%88U 8±NXWNCFGTGVGPEKÉPX±NXWNCFGEKGTTGFGCEGKVG
&C 5CNKFCCWVQO±VKECFGEQPFGPUCFQ
' 'NGOGPVQEQORTGUQT
'4 4GIWNCFQT'NGMVTQPKMQP++
(0 8GPVKNCFQTFGGPHTKCOKGPVQ
/ /QVQTFGCEEKQPCOKGPVQ
5 $QVÉPFGRCTCFCFGGOGTIGPEKC
7# &GUECTICFQT


/CPWCNFGKPUVTWEEKQPGU

)#9QTMRNCEG(WNN(GCVWTG
.QUOQFGNQU)#9QTMRNCEG(WNN(GCVWTGGUV±PCNQLCFQUFGPVTQFGWPCECTTQEGTÃCKPUQPQTK\CPVG.QU
EQORTGUQTGUGUV±PEQPVTQNCFQURQTGNTGIWNCFQT'NGMVTQPKMQPs++FG#VNCU%QREQ'NOÉFWNQFGEQPVTQN
GNGEVTÉPKEQGUV±KPUVCNCFQGPNCRWGTVCRQTGNNCVGTCNFGTGEJQ&GVT±UFGFKEJQRCPGNUGJCNNCWPCTOCTKQ
GN¾EVTKEQSWGGPEKGTTCGNCTTCPECFQTFGNOQVQT#FGO±UUGRTQRQTEKQPCPEQPWPUGECFQTFGCKTG'N
EQPFGPUCFQUGFTGPCCWVQO±VKECOGPVG
'PGN)#EQPUGECFQTFGCKTGGNUGECFQTGUV±KPVGITCFQGPNCECTTQEGTÃCKPUQPQTK\CPVG'NUGECFQTGNKOKPC
GNEQPFGPUCFQFGNCKTGEQORTKOKFQGPHTK±PFQNQCEGTECFGNRWPVQFGEQPIGNCEKÉP

8KUVCFGNCPVGTCFG)# C)#9QTMRNCEG(WNN(GCVWTG


/CPWCNFGKPUVTWEEKQPGU

8KUVCVTCUGTCFG)# C)#9QTMRNCEG(WNN(GCVWTG

4GHGTGPEKC 0QODTG
 %WDÃEWNQGN¾EVTKEQ
#( (KNVTQFGCKTG
#4 4GEGRVQTFGCKTG
#8 8±NXWNCFGUCNKFCFGCKTG
%C 4GHTKIGTCFQTFGCKTG
%Q 4GHTKIGTCFQTFGCEGKVG
%88U 8±NXWNCFGTGVGPEKÉPX±NXWNCFGEKGTTGFGCEGKVG
&C 5CNKFCCWVQO±VKECFGEQPFGPUCFQTGHTKIGTCFQTRQUVGTKQT
&C 5CNKFCCWVQO±VKECFGEQPFGPUCFQUGECFQT
&& (KNVTQ&&
&4 5GECFQT
' 'NGOGPVQEQORTGUQT


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC 0QODTG
'4 4GIWNCFQT'NGMVTQPKMQP++
(0 8GPVKNCFQTFGGPHTKCOKGPVQ
/ /QVQTFGCEEKQPCOKGPVQ
1( (KNVTQFGCEGKVG
2& (KNVTQ2&
5 $QVÉPFGRCTCFCFGGOGTIGPEKC
7# &GUECTICFQT

 (NWLQFGCKTG

&KCITCOCUFGHNWLQ

&KCITCOCFGHNWLQ)#9QTMRNCEG


/CPWCNFGKPUVTWEEKQPGU

&KCITCOCFGHNWLQ)#9QTMRNCEG(WNN(GCVWTG

4GHGTGPEKC &GUETKREKÉP
# 6QOCFGCKTG
$ /G\ENCFGCKTGCEGKVG
% #EGKVG
& #KTGEQORTKOKFQJÐOGFQ
( %QPFGPUCFQ
) #KTGEQORTKOKFQUGEQ

0QVCGNXGPVKNCFQTFGGPHTKCOKGPVQPQUGRTQRQTEKQPCGPEQORTGUQTGUTGHTKIGTCFQURQTCIWC

&GUETKREKÉP
#KTGCURKTCFQCVTCX¾UFGNHKNVTQ
#( [NCX±NXWNCFGGPVTCFCCDKGTVC
+8 GPGNGNGOGPVQEQORTGUQT
' UG
EQORTKOG#KTGEQORTKOKFQ[GNCEGKVGRCUCPCNFGRÉUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 CVTCX¾UFGNC
X±NXWNCFGTGVGPEKÉP
%8 'NCKTGUGFGUECTICCVTCX¾UFGNCX±NXWNCFGUCNKFC
#8 OGFKCPVGNCX±NXWNCFG
RTGUKÉPOÃPKOC
8R [GNTGHTKIGTCFQTFGCKTG
%C 
'NTGHTKIGTCFQTFGCKTGUGRTQRQTEKQPCEQPWPEQNGEVQTFGJWOGFCF
/6 
'PNQUEQORTGUQTGU(WNN(GCVWTGGNCKTGRCUCCVTCX¾UFGNUGECFQTFGCKTG
&4 CPVGUFGFGUECTICTUGC
VTCX¾UFGNCX±NXWNCFGUCNKFC
#8 8¾CUGVCODK¾PNCUGEEKÉP5GECFQTFGCKTG


/CPWCNFGKPUVTWEEKQPGU

.CX±NXWNCFGTGVGPEKÉP
%8 KORKFGGNTGVTQEGUQFGCKTGEQORTKOKFQCNRCTCTUGGNEQORTGUQT.CX±NXWNC
FGRTGUKÉPOÃPKOC
8R KORKFGSWGNCRTGUKÉPFGNFGRÉUKVQECKICFGDCLQFGNCRTGUKÉPOÃPKOC

 5KUVGOCFGCEGKVG

&KCITCOCFGHNWLQ

5KUVGOCFGCEGKVG

4GHGTGPEKCU &GUETKREKÉP
 2CTCWPKFCFGU9QTMRNCEGHNWLQFGCKTGEQORTKOKFQCNCX±NXWNCFGUCNKFCFGCKTG
2CTCWPKFCFGU(WNN(GCVWTGHNWLQFGCKTGEQORTKOKFQCNUGECFQTFGCKTG
# 6QOCFGCKTG
$ /G\ENCFGCKTGCEGKVG
% #EGKVG
& #KTGEQORTKOKFQJÐOGFQ
( %QPFGPUCFQ

0QVCGNXGPVKNCFQTFGGPHTKCOKGPVQPQUGRTQRQTEKQPCGPEQORTGUQTGUTGHTKIGTCFQURQTCIWC

&GUETKREKÉP
'PGNFGRÉUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 NCOC[QTRCTVGFGNCEGKVGUGUGRCTCFGNCOG\ENCFGCKTG
CEGKVGFGHQTOCEGPVTÃHWIC'NTGUVQNQTGVKTCGNUGRCTCFQTFGCEGKVG
15 'NCEGKVGUGTGEQIGGPGNHQPFQ
FGNFGRÉUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 SWGUKTXGFGVCPSWGFGCEGKVG
'NUKUVGOCFGCEGKVGXCRTQXKUVQFGWPCX±NXWNCFGFGTKXCEKÉP
$8 %WCPFQNCVGORGTCVWTCFGNCEGKVGGUV±
RQTFGDCLQFGEKGTVQXCNQTNCX±NXWNCFGFGTKXCEKÉP
$8 EKGTTCGNUWOKPKUVTQFGCEGKVGFGUFGGN
TGHTKIGTCFQT
%Q 
.CRTGUKÉPFGNCKTGHWGT\CGNCEGKVGFGUFGGNFGRÉUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 CVTCX¾UFGNHKNVTQ

1( [NCX±NXWNCFGEKGTTG
8U CNGNGOGPVQEQORTGUQT
' [UWURWPVQUFGNWDTKECEKÉP


/CPWCNFGKPUVTWEEKQPGU

.CX±NXWNCFGFGTKXCEKÉP
$8 GORKG\CCCDTKTGNUWOKPKUVTQFGCEGKVGFGNTGHTKIGTCFQT
%Q CNUWDKTNC
VGORGTCVWTCFGNCEGKVGCNRWPVQFGCLWUVG#WPQUu%
( RQTGPEKOCFGNRWPVQFGCLWUVGVQFQGN
CEGKVGRCUCRQTGNTGHTKIGTCFQT
.CX±NXWNCFGEKGTTGFGCEGKVG
8U KORKFGSWGUGKPWPFGFGCEGKVGGNGNGOGPVQEQORTGUQTCNRCTCTGN
EQORTGUQT.CX±NXWNCNCCDTGNCRTGUKÉPFGUCNKFCFGNGNGOGPVQCNCTTCPECTUGGNEQORTGUQT

 5KUVGOCFGTGHTKIGTCEKÉP

&KCITCOCFGHNWLQ

5KUVGOCFGTGHTKIGTCEKÉPEQORTGUQTGUTGHTKIGTCFQURQTCKTG

5KUVGOCFGTGHTKIGTCEKÉPEQORTGUQTGUTGHTKIGTCFQURQTCIWC


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKCU &GUETKREKÉP
# 6QOCFGCKTG
$ /G\ENCFGCKTGCEGKVG
% #EGKVG
& #KTGEQORTKOKFQJÐOGFQ
' %QPFGPUCFQ
( (NWLQFGCIWC

&GUETKREKÉP
'NUKUVGOCFGTGHTKIGTCEKÉPXKGPGFQVCFQFGWPTGHTKIGTCFQTFGCKTG
%C [QVTQFGCEGKVG
%Q 
'PEQORTGUQTGUTGHTKIGTCFQURQTCKTGGNHNWLQFGNCKTGFGTGHTKIGTCEKÉPNQIGPGTCWPXGPVKNCFQT
(0 
.QUEQORTGUQTGUTGHTKIGTCFQURQTCIWCGUV±PFQVCFQUFGWPUKUVGOCFGCIWCFGTGHTKIGTCEKÉP'NCIWC
RCUCRQTGNVWDQFGGPVTCFCNQUTGHTKIGTCFQTGU[GNVWDQFGUCNKFC

 5KUVGOCFGEQPFGPUCFQ

&KURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGCIWC

2WPVQUFGFTGPCLGFGEQPFGPUCFQ
GLGORNQVÃRKEQ

7DKECEKÉPFGNQUFKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGEQPFGPUCFQ

.QUEQORTGUQTGU)#9QTMRNCEG[9QTMRNCEG(WNN(GCVWTGVKGPGPWPFKURQUKVKXQGNGEVTÉPKEQFGFTGPCLGFG
CIWC
'9& 'NEQPFGPUCFQFGNTGHTKIGTCFQTFGCKTGUGCEWOWNCGPWPEQNGEVQT%WCPFQ¾UVGCNECP\CWP
PKXGNFGVGTOKPCFQUGFGUECTICCVTCX¾UFGNCUCNKFCFGFTGPCLG
&C 
'PNQUEQORTGUQTGU)#9QTMRNCEG(WNN(GCVWTGUGRTQRQTEKQPCWPFKURQUKVKXQGNGEVTÉPKEQFGFTGPCLGFG
CIWCCFKEKQPCN
'9& 'N'&9RWTICGNEQNGEVQTFGEQPFGPUCFQFGNKPVGTECODKCFQTFGECNQT—UVGUG
FGUECTICRQUVGTKQTOGPVGCVTCX¾UFGWPVWDQFGFTGPCLG
&C 
%QPUWNVGVCODK¾PNCUGEEKÉP(NWLQFGCKTG


/CPWCNFGKPUVTWEEKQPGU

5GRWGFGRTQDCTGNFKURQUKVKXQGNGEVTÉPKEQFGFTGPCLGFGCIWCRWNUCPFQDTGXGOGPVGGNDQVÉPFGRTWGDC

 SWGUGGPEWGPVTCUQDTG¾N

 5KUVGOCFGTGIWNCEKÉP

&KCITCOCFGHNWLQ

5KUVGOCFGTGIWNCEKÉP

&GUECTIC
5KGNEQPUWOQFGCKTGGUKPHGTKQTCNUWOKPKUVTQFGNEQORTGUQTNCRTGUKÉPFGNCTGFCWOGPVCT±%WCPFQNC
RTGUKÉPFGNCTGFCNECPEGNCFGFGUECTICUGFGUGPGTIK\CNCX±NXWNCFGUQNGPQKFG
; 'N¾ODQNQFGNC
X±NXWNCTGVQTPC
Ő .CX±NXWNCFGUQNGPQKFG
; FGUCEVKXCNCX±NXWNCFGFGUECTICGZRWNUKÉP
78 
Ő .CX±NXWNCFGFGUECTICX±NXWNCFGGZRWNUKÉP
78 EQPGEVCNCRTGUKÉPFGNTGEGRVQTFGCKTG
 EQPNC
E±OCTC
 [GNQTKHKEKQFGGZRWNUKÉP
 
Ő .CRTGUKÉPFGNCE±OCTC
 JCEGSWGGN¾ODQNQFGECTIC
.2 UGFGURNCEGJCEKCCTTKDC
Ő .CRTGUKÉPUGGUVCDKNK\CCWPDCLQXCNQT7PCRGSWGÇCECPVKFCFFGCKTGUKIWGUKGPFQCURKTCFC[RCUCCN
FGUECTICFQT

%CTIC
%WCPFQNCRTGUKÉPFGNCTGFDCLGCNCFGECTICNCX±NXWNCFGUQNGPQKFG
; UGGPGTIK\C'N¾ODQNQFG
¾UVC
; UGOWGXGJCEKCCTTKDC
Ő .CX±NXWNCFGUQNGPQKFG
; EQPVTQNCNCX±NXWNCFGFGUECTICGZRWNUKÉP
78 
Ő .CX±NXWNCFGFGUECTICGZRWNUKÉP
78 EKGTTCGNQTKHKEKQFGGZRWNUKÉPFGCKTG
 [GNUWOKPKUVTQJCEKCNC
E±OCTC
 


/CPWCNFGKPUVTWEEKQPGU

Ő 'UVQJCEGSWGGN¾ODQNQFGECTIC
.2 UGFGURNCEGJCEKCCDCLQ[SWGNCX±NXWNCFGGPVTCFC
+8 UG
CDTCRQTEQORNGVQ
5GTGCPWFCGNUWOKPKUVTQFGCKTG
 GNEQORTGUQTOCTEJCGPECTIC

 5KUVGOCGN¾EVTKEQ

)GPGTCNKFCFGU
%QPUWNVGVCODK¾PNCUUGEEKQPGU&KCITCOCUGN¾EVTKEQU[%QPGZKQPGUGN¾EVTKECU

%QORQPGPVGUGN¾EVTKEQU
'NUKUVGOCGN¾EVTKEQEQPUVCFGNQUEQORQPGPVGUUKIWKGPVGU

%WDÃEWNQGN¾EVTKEQFG)# C)#GLGORNQVÃRKEQ


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKÉP
( (WUKDNGU
(UÉNQUGRTQRQTEKQPCGPECUQFGWPTGN¾FGUGEWGPEKCFGHCUGU
( (WUKDNGU
((( (WUKDNGU
UQNCOGPVGGP(WNNHGCVWTG
( 4GN¾FGUQDTGECTICOQVQTFGNEQORTGUQT
3 &KU[WPVQTOQVQTFGXGPVKNCFQT
EQORTGUQTGUTGHTKIGTCFQURQTCKTG
- %QPVCEVQTCWZKNKCTRCTCUGECFQT
UQNCOGPVGGP(WNN(GCVWTG
- %QPVCEVQTFGNÃPGC
- %QPVCEVQTFGGUVTGNNC
- %QPVCEVQTFGVTK±PIWNQ
6 6TCPUHQTOCFQT
: 4GINGVCFGDQTPGU
UWOKPKUVTQFGVGPUKÉP
:: %QPGEVQTGU
2' $QTPGFGRWGUVCCVKGTTC


/CPWCNFGKPUVTWEEKQPGU

 &KCITCOCUGN¾EVTKEQU

&KCITCOCFG'NGMVTQPKMQP++

&KCITCOCFGUGTXKEKQFG)# C)#EQP'NGMVTQPKMQP++[CTTCPECFQTGUVTGNNCVTK±PIWNQ


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKÉP

 2CTCFCFGGOGTIGPEKC

 #TTCPSWGRCTCFCCFKUVCPEKC

 %CTICFGUECTICTGOQVC

 &GVGEEKÉPRTGUKÉPTGOQVC

 2TQVGEEKQPGUFGNOQVQT

 5QDTGECTICOQVQTFGXGPVKNCFQT

 (CNNQ'9&

 &RHKNVTQ&&

 &RHKNVTQ2&

 5GNGEEKÉPFGDCPFCFGRTGUKÉPCFKUVCPEKC

 1REKÉP'5

 2CTCFCFGGOGTIGPEKCCFKUVCPEKC

 %QPVCEVQUCWZKNKCTGU

 (WPEKQPCOKGPVQOCPWCNCWVQO±VKEQ

 #XKUQIGPGTCN

 2CTCFCFGCNCTOCIGPGTCN

&GUKIPCEKQPGURCTC'NGMVTQPKMQP++

4GHGTGPEKC 5GPUQTGUX±NXWNCUFGUQNGPQKFGFKURQUKVKXQFGFTGPCLGGNGEVTÉPKEQ
# 5GECFQT
(WNN(GCVWTG
$ &KURQUKVKXQGNGEVTÉPKEQFGFTGPCLGFGCIWC
'9&
26 5GPUQTFGRTGUKÉPUCNKFCFGCKTG
66 5GPUQTFGVGORGTCVWTCCODKGPVG
66 5GPUQTFGVGORGTCVWTCUCNKFCFGNGNGOGPVQ
66 5GPUQTFGVGORGTCVWTCGPVTCFCFGCIWCFGTGHTKIGTCEKÉP
EQORTGUQTGUTGHTKIGTCFQU
RQTCIWC
66 5GPUQTFGVGORGTCVWTCUCNKFCFGCIWCFGTGHTKIGTCEKÉP
EQORTGUQTGUTGHTKIGTCFQU
RQTCIWC
66 5GPUQTFGVGORGTCVWTCGPVTCFCUCNKFCFGCIWCFGTGEWRGTCEKÉPFGGPGTIÃC

EQORTGUQTGUTGHTKIGTCFQURQTCIWC
66 5GPUQTFGVGORGTCVWTCRWPVQFGTQEÃQ
(WNN(GCVWTG
; 8±NXWNCFGUQNGPQKFGFGECTIC

4GHGTGPEKC /QVQTGU
/ /QVQTFGCEEKQPCOKGPVQ
/ /QVQTFGNXGPVKNCFQT
EQORTGUQTGUTGHTKIGTCFQURQTCKTG
/ /QVQTFGXGPVKNCFQTEWDÃEWNQ
GPEQORTGUQTGUTGHTKIGTCFQURQTCIWC


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC #TOCTKQGN¾EVTKEQ
( (WUKDNGU
( 4GN¾FGUQDTGECTICOQVQTFGCEEKQPCOKGPVQ
- %QPVCEVQTFGNÃPGC
- %QPVCEVQTFGGUVTGNNC
- %QPVCEVQTFGVTK±PIWNQ
3 &KU[WPVQTOQVQTFGXGPVKNCFQT
6 6TCPUHQTOCFQTGU
:: 4GINGVCUFGDQTPGU
: %QPGEVQTGU

4GHGTGPEKC /ÉFWNQFGEQPVTQN
+ $QVÉPFGCTTCPSWG
- 4GN¾FGDNQSWGQ
- 4GN¾CWZKNKCTEQPVCEVQTFGGUVTGNNC
- 4GN¾CWZKNKCTEQPVCEVQTFGVTK±PIWNQ
- 4GN¾CWZKNKCTECTICFGUECTIC
- 4GN¾CWZKNKCTCNVCDCLCRTGUKÉPFGCKTG
- 4GN¾CWZKNKCTUGECFQT
- 4GN¾CWZKNKCTHWPEKQPCOKGPVQOCPWCNCWVQO±VKEQ
- 4GN¾CWZKNKCTCXKUQ
- 4GN¾CWZKNKCTRCTCFCFGCNCTOC
1 $QVÉPFGRCTCFC
5 $QVÉPFGRCTCFCFGGOGTIGPEKC

4GHGTGPEKC 'SWKRQQREKQPCN
#+' /ÉFWNQUFGGZRCPUKÉPGPVTCFCCPCNÉIKEC
$ &KURQUKVKXQGNGEVTÉPKEQFGFTGPCLGFGCIWC
'9& 
(WNN(GCVWTG
&26 6TCPUOKUQTGUFGRTGUKÉPFWCN
-ʼn 4GN¾CWZKNKCTECTICFGUECTICRCTC'5
- %QPVCEVQTCWZKNKCTEQORTGUQTGPOCTEJCRCTC'5
- 4GN¾FGUGEWGPEKCFGHCUGU
2&5 +PVGTTWRVQT2&GNVCRCTCHKNVTQ&&KPVGITCFQ
2&5 +PVGTTWRVQT2&GNVCRCTCHKNVTQ2&KPVGITCFQ
4- 2TQVGEEKÉPFGVGTOKUVQTFGOQVQTFGCEEKQPCOKGPVQRCTCFCFGCNCTOC
4- 2TQVGEEKÉPFGVGTOKUVQTFGOQVQTFGCEEKQPCOKGPVQCXKUQ
444 %CNGPVCFQTGURTQVGEEKÉPEQPVTCEQPIGNCEKÉP
4 %CNGPVCFQTGUCPVKEQPFGPUCEKÉP
5 +PVGTTWRVQTUGRCTCFQTRTKPEKRCNFGGPGTIÃCGN¾EVTKEC
65.. 6GTOQUVCVQRTQVGEEKÉPEQPVTCEQPIGNCEKÉP
; 8±NXWNCFGUQNGPQKFG
; 8±NXWNCFGEKGTTGFGCIWC
EQORTGUQTGUTGHTKIGTCFQURQTCIWC


/CPWCNFGKPUVTWEEKQPGU

 5GECFQTFGCKTG

&KCITCOCFGHNWLQ

5GECFQTFGCKTG

4GHGTGPEKC &GUKIPCEKÉP
# )CUTGHTKIGTCPVG
$ .ÃSWKFQTGHTKIGTCPVG
% %QPFGPUCFQ
#+ 'PVTCFCFGCKTG
#1 5CNKFCFGCKTG
 +PVGTECODKCFQTFGECNQTCKTGCKTG
 +PVGTECODKCFQTFGECNQTGXCRQTCFQTCKTGTGHTKIGTCPVG
 5GRCTCFQTFGEQPFGPUCFQ
 5CNKFCFGEQPFGPUCFQ
 %QORTGUQTFGTGHTKIGTCPVG
 %QPFGPUCFQTFGTGHTKIGTCPVG
 5GECFQTHKNVTQFGTGHTKIGTCPVGNÃSWKFQ
 8±NXWNCFGGZRCPUKÉPVGTOQUV±VKEC
 8±NXWNCFGFGTKXCEKÉPFGICUECNKGPVG
 8GPVKNCFQTFGTGHTKIGTCEKÉPFGEQPFGPUCFQT
 2TGUQUVCVQEQPVTQNFGNXGPVKNCFQT


/CPWCNFGKPUVTWEEKQPGU

%KTEWKVQFGCKTGEQORTKOKFQ
'NCKTGEQORTKOKFQGPVTCGPGNKPVGTECODKCFQTFGECNQT
 [UGGPHTÃCOGFKCPVGGNCKTGUGECFQ[HTÃQSWG
UCNG'NCIWCFGNCKTGSWGGPVTCGORKG\CCEQPFGPUCTUG.WGIQGNCKTGHNW[GCVTCX¾UFGNKPVGTECODKCFQT
FGECNQTGXCRQTCFQT
 FQPFGGNTGHTKIGTCPVGUGGXCRQTCJCEKGPFQSWGGNCKTGEQPVKPÐGGPHTK±PFQUG
JCUVCCEGTECTUGCNCVGORGTCVWTCFGGXCRQTCEKÉPFGNTGHTKIGTCPVG5GEQPFGPUCO±UCIWCGPGNCKTG'N
CKTGHTÃQRCUCGPUGIWKFCCVTCX¾UFGNUGRCTCFQT
 FQPFGVQFQGNEQPFGPUCFQUGUGRCTCFGNCKTG'N
EQPFGPUCFQUGRWTICCWVQO±VKECOGPVGCVTCX¾UFGNCUCNKFC
 
'NCKTGUGECFQ[HTÃQRCUCCVTCX¾UFGNKPVGTECODKCFQTFGECNQT
 FQPFGUGECNKGPVCOGFKCPVGGNCKTGSWG
GPVTC

%KTEWKVQFGTGHTKIGTCPVG
'NEQORTGUQT
 FGUECTICICUTGHTKIGTCPVGECNKGPVGCCNVCRTGUKÉPSWGHNW[GCVTCX¾UFGNEQPFGPUCFQT
 
FQPFGUGEQPFGPUCNCOC[QTRCTVGFGNTGHTKIGTCPVG
'NNÃSWKFQRCUCRQTGNUGECFQTHKNVTQFGTGHTKIGTCPVGNÃSWKFQ
 CNCX±NXWNCFGGZRCPUKÉPVGTOQUV±VKEC
 
'NTGHTKIGTCPVGUCNGFGNCX±NXWNCFGGZRCPUKÉPVGTOQUV±VKECCNCRTGUKÉPFGGXCRQTCEKÉP
'NTGHTKIGTCPVGGPVTCGPGNGXCRQTCFQT
 FQPFGSWKVCECNQTCNCKTGEQORTKOKFQOGFKCPVGWPCPWGXC
GXCRQTCEKÉPCRTGUKÉPEQPUVCPVG'NTGHTKIGTCPVGECNGPVCFQUCNGFGNGXCRQTCFQT[GUCURKTCFQRQTGN
EQORTGUQT
 
.CX±NXWNCFGFGTKXCEKÉP
 TGIWNCGNHNWLQFGTGHTKIGTCPVG'NXGPVKNCFQT
 NQEQPGEVCQFGUEQPGEVCGN
KPVGTTWRVQT
 UGIÐPGNITCFQFGECTICFGNEKTEWKVQFGTGHTKIGTCPVG


/CPWCNFGKPUVTWEEKQPGU

 4GIWNCFQT'NGMVTQPKMQP++

 4GIWNCFQT'NGMVTQPKMQPs++

2CPGNFGEQPVTQN

)GPGTCNKFCFGU
'PIGPGTCNGNTGIWNCFQT'NGMVTQPKMQPGLGEWVCNCUUKIWKGPVGUHWPEKQPGU
Ő %QPVTQNCTGNEQORTGUQT
Ő 2TQVGIGTGNEQORTGUQT
Ő /QPKVQTK\CTNQUEQORQPGPVGUUWLGVQUCUGTXKEKQ
Ő #TTCPSWGCWVQO±VKEQFGURW¾UFGKPVGTTWREKÉPFGNXQNVCLG
JGEJQKPCEVKXQ

%QPVTQNCWVQO±VKEQFGHWPEKQPCOKGPVQFGNEQORTGUQT
'NTGIWNCFQTOCPVKGPGNCRTGUKÉPFGNCTGFGPVTGNQUNÃOKVGURTQITCOCDNGUECTICPFQ[FGUECTICPFQGN
EQORTGUQTCWVQO±VKECOGPVG5GVKGPGGPEWGPVCWPPÐOGTQFGCLWUVGURTQITCOCDNGURGLNCURTGUKQPGU
FGFGUECTIC[ECTICGNVKGORQOÃPKOQFGRCTCFC[GNPÐOGTQO±ZKOQFGCTTCPSWGUFGNOQVQT
'NTGIWNCFQTRCTCGNEQORTGUQTECFCXG\SWGUGCRQUKDNGEQPQDLGVQFGTGFWEKTGNEQPUWOQFGGPGTIÃC[
XWGNXGCCTTCPECTNQCWVQO±VKECOGPVGEWCPFQDCLGNCRTGUKÉPFGNCTGF%CUQFGUGTFGOCUKCFQDTGXGGN
RGTÃQFQFGFGUECTICRTGXKUVQGNEQORTGUQTUKIWGHWPEKQPCPFQCHKPFGGXKVCTRGTÃQFQUFGRCTCFC
FGOCUKCFQDTGXGU

'URQUKDNGRTQITCOCTWPPÐOGTQFGOCPFQUFGCTTCPSWGCWVQO±VKEQRCTCFCSWG
CEVÐCPGPWPVKGORQFCFQ6GPICGPEWGPVCSWGUGGLGEWVCT±WPOCPFQFGCTTCPSWG

UKGUV±RTQITCOCFQ[CEVKXCFQ KPENWUQFGURW¾UFGRCTCTGNEQORTGUQT
OCPWCNOGPVG

2TQVGIGTGNEQORTGUQT
2CTCFCFGCNCTOC
5KNCVGORGTCVWTCFGUCNKFCFGNGNGOGPVQEQORTGUQTGZEGFGGNPKXGNFGRCTCFCFGCNCTOCRTQITCOCFQUG
RCTCT±GNEQORTGUQT'UVQUGKPFKECGPGNFKURNC[
 [RCTRCFGCT±GN.'&FGCNCTOCIGPGTCN
 
'NEQORTGUQTUGRCTCT±VCODK¾PGPECUQFGUQDTGECTICFGNQUUKIWKGPVGUEQORQPGPVGU
Ő /QVQTFGCEEKQPCOKGPVQ
Ő /QVQTFGXGPVKNCFQT


/CPWCNFGKPUVTWEEKQPGU

5QNWEKQPGGNRTQDNGOC[TGCTOGNCPQVKEKC%QPUWNVGVCODK¾PGN/GPÐ&CVQUFGGUVCFQ

#PVGUFGUQNWEKQPCTEQPUWNVGNCU2TGECWEKQPGUFGUGIWTKFCF

#XKUQFGRCTCFCFGCNCTOC
7PPKXGNFGCXKUQFGRCTCFCFGCNCTOCGUWPPKXGNRTQITCOCDNGDCLQGNPKXGNFGRCTCFCFGCNCTOC
5KNCVGORGTCVWTCFGUCNKFCFGNGNGOGPVQEQORTGUQTUWRGTCGNPKXGNFGCXKUQFGRCTCFCFGCNCTOC
RTQITCOCFQCRCTGEGT±WPCPQVKEKCGPGNFKURNC[
 [UGGPEGPFGT±GN.'&FGCNCTOCIGPGTCN
 EQP
QDLGVQFGCXKUCTCNQRGTCFQTFGSWGUGGZEGFGGNPKXGNFGCXKUQFGRCTCFCFGCNCTOC
'NOGPUCLGFGUCRCTGEGGPEWCPVQFGUCRCTGEGNCEQPFKEKÉPFGCXKUQ

#XKUQFGUGTXKEKQ
7PCUGTKGFGCEEKQPGUFGUGTXKEKQUGCITWRCP
GPNQUNNCOCFQU2NCPGUFG5GTXKEKQ#$%GVE %CFC
2NCPFG5GTXKEKQVKGPGWPKPVGTXCNQFGVKGORQRTQITCOCFQ5KUGGZEGFGCNIÐPKPVGTXCNQCRCTGEGT±WPC
PQVKEKCGPGNFKURNC[
 EQPQDLGVQFGCXKUCTCNQRGTCFQTFGSWGNNGXGCECDQNCUCEEKQPGUFGUGTXKEKQ
RGTVGPGEKGPVGUCFKEJQRNCP

#XKUQ
6CODK¾PCRCTGEGWPCPQVKEKCFGCXKUQUK
Ő 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCNCVGORGTCVWTCFGNCIWCFGTGHTKIGTCEKÉPGZEGFGGNPKXGNFG
CXKUQ
Ő 'PEQORTGUQTGU(WNN(GCVWTGNCVGORGTCVWTCFGNRWPVQFGTQEÃQGUFGOCUKCFQCNVCGPTGNCEKÉPEQPNC
VGORGTCVWTCCODKGPVG

4GCTTCPSWGCWVQO±VKEQFGURW¾UFGKPVGTTWREKÉPFGNXQNVCLG
'NTGIWNCFQTKPEQTRQTCWPCHWPEKÉPFGCTTCPSWGCWVQO±VKEQFGNEQORTGUQTCNTGUVCDNGEGTUGGNXQNVCLG
FGURW¾UFGWPCKPVGTTWREKÉPGN¾EVTKEC&KEJCHWPEKÉPGUV±FGUCEVKXCFCGPNQUEQORTGUQTGUSWGUCNGPFG
NCH±DTKEC0QQDUVCPVGGURQUKDNGCEVKXCTNCUKCUÃUGFGUGC%QPUWNVGC#VNCU%QREQ

5KGUV±CEVKXCFCNCHWPEKÉP[UKGORTGSWGGNTGIWNCFQTUGGPEWGPVTGGPGNOQFQFG
HWPEKQPCOKGPVQCWVQO±VKEQGNEQORTGUQTXQNXGT±CCTTCPECTCWVQO±VKECOGPVGUKGN
XQNVCLGFGUWOKPKUVTQCNOÉFWNQUGTGUVCDNGEGFGPVTQFGNRGTÃQFQRTQITCOCFQ
'NVKGORQFGTGUVCDNGEKOKGPVQFGRQVGPEKC
GNRGTÃQFQGPGNSWGFGDGTGUVCDNGEGTUGGN
XQNVCLGRCTCRQFGTCTTCPECTCWVQO±VKECOGPVG RWGFGCLWUVCTUGGPVTG[
UGIWPFQUQCN+PHKPKVQ5KGNVKGORQFGTGUVCDNGEKOKGPVQFGRQVGPEKCUGGPEWGPVTC
CLWUVCFQCN+PHKPKVQGNEQORTGUQTXQNXGT±CCTTCPECTUKGORTGFGURW¾UFGWPC
KPVGTTWREKÉPFGNXQNVCLGKPFGRGPFKGPVGOGPVGFGNQSWGUGVCTFGGPTGUVCDNGEGTNQ
6CODK¾PGURQUKDNGRTQITCOCTWPTGVTCUQFGTGCTTCPSWGJCEKGPFQSWGXWGNXCPC
CTTCPECTRQTGLGORNQFQUEQORTGUQTGUFGHQTOCEQPUGEWVKXC


/CPWCNFGKPUVTWEEKQPGU

 2CPGNFGEQPVTQN

4GIWNCFQT'NGMVTQPKMQP

2CTVGU[HWPEKQPGU

4GHGTGPEKC &GUKIPCEKÉP (WPEKÉP


 $QVÉPFGCTTCPSWG $QVÉPRCTCCTTCPECTGNEQORTGUQT'N.'&
 UG
GPEKGPFGRCTCKPFKECTSWGGNTGIWNCFQT
'NGMVTQPKMQPGUV±QRGTCVKXQ
 &KURNC[ /WGUVTCOGPUCLGUUQDTGGNGUVCFQFG
HWPEKQPCOKGPVQFGNEQORTGUQTNCPGEGUKFCFFG
UGTXKEKQQWPHCNNQ
 6GENCUFGFGURNC\COKGPVQ 6GENCURCTCFGURNC\CTUGJCEKCCTTKDCQCDCLQRQTGN
FKURNC[
 6GENCFGVCDWNCEKÉP 6GENCRCTCUGNGEEKQPCTGNRCT±OGVTQKPFKECFQRQTNC
HNGEJCJQTK\QPVCN5QNCOGPVGRWGFGPOQFKHKECTUG
NQURCT±OGVTQUUGIWKFQUFGWPCHNGEJCSWGUGÇCNG
CNCFGTGEJC
 6GENCUFGHWPEKÉP 6GENCURCTCIQDGTPCT[RTQITCOCTGNEQORTGUQT
 .'&FGXQNVCLGEQPGEVCFQ +PFKECSWGGUV±EQPGEVCFQGNXQNVCLG
 .'&FGCNCTOCIGPGTCN 'UV±GPEGPFKFQUKGZKUVGWPGUVCFQFGCXKUQCXKUQ
FGUGTXKEKQQCXKUQFGRCTCFCFGCNCTOC
 .'&FGCNCTOCIGPGTCN 2CTRCFGCUKGZKUVGWPCEQPFKEKÉPFGRCTCFCFG
CNCTOCUKUGJCTQVQWPUGPUQTKORQTVCPVGQ
FGURW¾UFGWPCRCTCFCFGGOGTIGPEKC
 .'&FGHWPEKQPCOKGPVQCWVQO±VKEQ +PFKECSWGGNTGIWNCFQTGUV±EQPVTQNCPFQGN
EQORTGUQTCWVQO±VKECOGPVG
 $QVÉPFGRCTCFC $QVÉPRCTCRCTCTGNEQORTGUQT5GCRCICGN.'&

 'NEQORTGUQTUGRCTCT±FGURW¾UFGHWPEKQPCT
GPFGUECTICWPQUUGIWPFQU
5 $QVÉPFGRCTCFCFGGOGTIGPEKC 2WNUCFQTRCTCRCTCTGNEQORTGUQTCNKPUVCPVGGP
ECUQFGGOGTIGPEKC&GURW¾UFGUQNWEKQPCTNC
CXGTÃCNKDGTGGNDQVÉPVKTCPFQFG¾N


/CPWCNFGKPUVTWEEKQPGU

 6GENCUFGHWPEKÉP

2CPGNFGEQPVTQN

6GENCUFGHWPEKÉP
.CUVGENCU
 UGWUCPRCTC
Ő %CTICTFGUECTICTGNEQORTGUQTCOCPQ
Ő +PXQECTQRTQITCOCTCLWUVGU
Ő 4GCTOCTWPCPQVKEKCFGUQDTGECTICFGNOQVQTRCTCFCFGCNCTOCQUGTXKEKQQWPCRCTCFCFG
GOGTIGPEKC
Ő #EEGFGTCVQFQUNQUFCVQUTGEQIKFQURQTGNTGIWNCFQT
.CUHWPEKQPGUFGNCUVGENCUXCTÃCPUGIÐPGNOGPÐSWGUGOWGUVTC.CHWPEKÉPTGCNUGKPFKECLWUVQGPEKOC
FGNCVGENCEQTTGURQPFKGPVG#EQPVKPWCEKÉPUGEKVCPNCUHWPEKQPGUO±UEQOWPGU

&GUKIPCEKÉP (WPEKÉP
#ÇCF #ÇCFGEQOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQT
FÃCJQTC
#VT± 8WGNXGCWPCQREKÉPQWPOGPÐSWGUGJCOQUVTCFQCPVGU
%CPE %CPEGNCWPCLWUVGRTQITCOCFQCNRTQITCOCTRCT±OGVTQU
ň$QTTʼn $QTTCEQOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQT
#[WF 8CCNCFKTGEEKÉPFG#VNCU%QREQGP+PVGTPGV
ň.ÃOʼn /WGUVTCNQUNÃOKVGURCTCWPCLWUVGRTQITCOCDNG
%CTI %CTICTGNEQORTGUQTCOCPQ
2TKP 8QNXGTFGUFGWPOGPÐCNCRCPVCNNCRTKPEKRCN
/GPÐ 'ORG\CPFQFGUFGNCRCPVCNNCRTKPEKRCNQDVKGPGCEEGUQCNQUUWDOGPÐU
/GPÐ 'ORG\CPFQFGUFGWPUWDOGPÐXWGNXGCWPOGPÐCPVGTKQT
ň/QFʼn /QFKHKECCLWUVGURTQITCOCDNGU
2TQI 2TQITCOCCLWUVGUOQFKHKECFQU
4GCT 4GCTOCWPVGORQTK\CFQTQWPOGPUCLG
8NXT 8WGNXGCWPCQREKÉPQWPOGPÐSWGUGJCOQUVTCFQCPVGU
&GUE &GUECTICTGNEQORTGUQTCOCPQ
'ZVT 'PEQPVTCTNCEQPHKIWTCEKÉPFGNOÉFWNQFGNTGIWNCFQT


/CPWCNFGKPUVTWEEKQPGU

 6GENCUFGFGURNC\COKGPVQ

2CPGNFGEQPVTQN

.CUVGENCU
 RGTOKVGPSWGGNWUWCTKQUGFGURNCEGRQTGNFKURNC[
/KGPVTCUUGOWGUVTGGPNCRQUKEKÉPFGTGEJCFGNFKURNC[WPCHNGEJCSWGUGÇCNGJCEKCCDCLQRWGFGWUCTUG
NCVGENCFGFGURNC\COKGPVQEQPGNOKUOQUÃODQNQRCTCFGURNC\CTUGCNEQORQPGPVGUKIWKGPVG
/KGPVTCUUGOWGUVTGGPNCRQUKEKÉPFGTGEJCFGNFKURNC[WPCHNGEJCSWGUGÇCNGJCEKCCTTKDCRWGFGWUCTUG
NCVGENCFGFGURNC\COKGPVQEQPGNOKUOQUÃODQNQRCTCFGURNC\CTUGCNEQORQPGPVGCPVGTKQT

 $QVÉPFGRCTCFCFGGOGTIGPEKC

2CPGNFGEQPVTQN

2CTCRCTCTGNEQORTGUQTKPOGFKCVCOGPVGGPECUQFGGOGTIGPEKCRWNUGGNDQVÉPFGRCTCFCFGGOGTIGPEKC

5 

#PVGUFGEQOGP\CTEWCNSWKGTQRGTCEKÉPFGOCPVGPKOKGPVQQTGRCTCEKÉPGURGTGJCUVC
SWGGNEQORTGUQTUGJC[CFGVGPKFQ%KGTTGNCX±NXWNCFGUCNKFCFGCKTG&GUDNQSWGGGN
DQVÉPVKTCPFQFG¾N2WNUGGNDQVÉPFGRTWGDCSWGUGGPEWGPVTCUQDTGNQUFKURQUKVKXQU
GNGEVTÉPKEQUFGFTGPCLGFGCIWCJCUVCSWGGNUKUVGOCFGCKTGSWGUGGPEWGPVTCGPVTGGN
TGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾EQORNGVCOGPVGFGURTGUWTK\CFQ#DTCGN
KPVGTTWRVQTUGRCTCFQT
KPUVCNCEKÉPFGNENKGPVG RCTCFGUEQPGEVCTGNXQNVCLGFGNEQORTGUQT
&GURTGUWTKEGGNUKUVGOCFGCKTG%QPUWNVGNCUGEEKÉP5QNWEKÉPFGRTQDNGOCU
*C[SWGCRNKECTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU


/CPWCNFGKPUVTWEEKQPGU

 2TQITCOCUFGEQPVTQN

&GUETKREKÉP
#HKPFGHCEKNKVCTNCRTQITCOCEKÉP[GNEQPVTQNUGJCPKORNGOGPVCFQRTQITCOCUFGEQPVTQNOCPFCFQURQT
OGPÐUGPGNTGIWNCFQT

(NWLQFGOGPÐU
UKORNKHKECFQ


/CPWCNFGKPUVTWEEKQPGU

/GPÐRTKPEKRCN

2TQITCOCT (WPEKÉP
2CPVCNNCRTKPEKRCN /WGUVTCGPDTGXGGNGUVCFQFGHWPEKQPCOKGPVQFGNEQORTGUQT'UNCRWGTVCFG
GPVTCFCCVQFCUNCUHWPEKQPGU
&CVQUFGGUVCFQ +PXQECGNGUVCFQFGNCUHWPEKQPGUFGRTQVGEEKÉPFGNEQORTGUQT
RCTCFCFG
CNCTOCCXKUQFGRCTCFCFGCNCTOCCXKUQFGUGTXKEKQ[CXKUQ 4GCTOCWPC
RCTCFCFGCNCTOCUQDTGECTICFGNOQVQT[EQPFKEKÉPFGUGTXKEKQ
&CVQUOGFKFQU +PXQECNQUFCVQUCEVWCNOGPVGOGFKFQU[GNGUVCFQFGWPCUGTKGFGGPVTCFCU
%QPVCFQTGU +PXQECNCUJQTCUFGHWPEKQPCOKGPVQJQTCUGPECTICJQTCUFGNTGIWNCFQT

OÉFWNQ [PÐOGTQFGCTTCPSWGUFGNOQVQT
2TWGDC 2TWGDCFGFKURNC[
/QFKHKERCT±OGV /QFKHKECNQUCLWUVGUFG
Ő 2CT±OGVTQU
RGLRTGUKQPGUFGECTIC[FGUECTIC
Ő 2TQVGEEKQPGU
RGLPKXGNFGRCTCFCFGCNCTOCRCTCVGORGTCVWTC
Ő 2NCPGUFGUGTXKEKQ
VGORQTK\CFQTGURCTCRNCPGUFGUGTXKEKQ
Ő (WPEKQPGUFGTGNQL
OCPFQUFGCTTCPSWGRCTCFCDCPFCFGRTGUKÉP
CWVQO±VKEQUFGNEQORTGUQT
Ő %QPHKIWTCEKÉP
JQTCHGEJCKFKQOCFGXKUWCNK\CEKÉP
5GTXKEKQ +PXQECRNCPGUFGUGTXKEKQ[TGCTOCNQUVGORQTK\CFQTGUFGURW¾UFGNNGXCTC
ECDQNCUCEEKQPGUFGUGTXKEKQRGTVGPGEKGPVGUCWPRNCP
&CVQUIWCTFCFQU +PXQECNQUFCVQUIWCTFCFQUFCVQUFGÐNVKOCRCTCFCFGCNCTOCÐNVKOCRCTCFC
FGGOGTIGPEKC

 /GPÐ2CPVCNNCRTKPEKRCN

(WPEKÉP

2CPGNFGEQPVTQN

'NOGPÐFGNCRCPVCNNCRTKPEKRCNOWGUVTCGNGUVCFQFGHWPEKQPCOKGPVQFGNEQORTGUQT[HQTOCNCRWGTVCFG
GPVTCFCCVQFCUNCUHWPEKQPGUKORNGOGPVCFCUGPGNTGIWNCFQT

2TQEGFKOKGPVQ
.CRCPVCNNCRTKPEKRCNCRCTGEGCWVQO±VKECOGPVGCNEQPGEVCTNCEQTTKGPVG
5KPQUGWUCPPKNCUVGENCUFGHWPEKÉPPKNCUVGENCUEQPHNGEJC
[ FWTCPVGCNIWPQUOKPWVQUGN
TGIWNCFQTXQNXGT±CWVQO±VKECOGPVGCNC2CPVCNNCRTKPEKRCN


/CPWCNFGKPUVTWEEKQPGU

5KGORTGSWGCRCTG\ECGPNCRCPVCNNCFGWPUWDOGPÐRWNUGNCVGENC 2TKP 
( RCTCXQNXGTCNC2CPVCNNC
RTKPEKRCN
'LGORNQFG2CPVCNNCRTKPEKRCN

5CNKFC%QORTGU
DCT 
ň#WVQO±VETIFQʼn
/GPÐ &GUE
( ( (

'NFKURNC[KPFKEC
Ő .CFGUKIPCEKÉPFGNUGPUQT[NCKPFKECEKÉPCEVWCN
Ő 0QVKEKCUFGNGUVCFQFGHWPEKQPCOKGPVQFGNEQORTGUQT
Ő ,WUVQGPEKOCFGNCUVGENCUFGHWPEKÉP
 NCHWPEKÉPCEVWCNFGFKEJCUVGENCU

 +PXQECEKÉPFGOGPÐU

&GUETKREKÉP

2CPGNFGEQPVTQN

.CRCPVCNNCRTKPEKRCNCRCTGEGCWVQO±VKECOGPVGCNEQPGEVCTUGGNXQNVCLG

5CNKFC%QORTGU
DCT 
ň#WVQO±VETIFQʼn
/GPÐ &GUE
( ( (

.CVGENCEQPHNGEJCCDCLQ
 UGRWGFGWVKNK\CTRCTCWPCEQPUWNVCT±RKFCFGNCUKVWCEKÉPCEVWCNFGN
EQORTGUQT
&GURW¾UFGRWNUCTNCVGENC /GPÐ 
( NCQREKÉP &CVQUFGGUVCFQ CRCTGEGT±UGIWKFCFGWPCHNGEJC
JQTK\QPVCN
Ő 2WNUGNCVGENCFGVCDWNCEKÉP
 RCTCUGNGEEKQPCTGUVGOGPÐ
Ő 1DKGPWVKNKEGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGGNUWDOGPÐFGUGCFQXC[CUGIWKFQFGWPCHNGEJC
JQTK\QPVCN[CEQPVKPWCEKÉPRWNUGNCVGENCFGVCDWNCEKÉP
 RCTCUGNGEEKQPCTGUVGOGPÐ


/CPWCNFGKPUVTWEEKQPGU

 %QPUWNVCT±RKFCFGNGUVCFQCEVWCNFGNEQORTGUQT

2TQEGFKOKGPVQ

2CPGNFGEQPVTQN

'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
EQPUWNVGNCUGEEKÉP/GPÐFG2CPVCNNCRTKPEKRCN RWNUGNCVGENCEQP
HNGEJCCDCLQ
 CRCTGEGT±WPCRCPVCNNCRCTGEKFCCNCSWGUGKNWUVTCCEQPVKPWCEKÉP
'LGORNQFGNCRCPVCNNCFGGUVCFQFGNEQORTGUQT

ň1RGTCEKÉPCWVQO±Vʼn
ň%QPVTQN.QECNʼn
ň6GORQTK\CEVKXQʼn
2TKP #[WF 'ZVT
( ( (

.CNÃPGCKPFKECGNGUVCFQFGNHWPEKQPCOKGPVQCWVQO±VKEQQOCPWCNFGNTGIWNCFQT 1RGTCEKÉPCWVQO±V 
UKIPKHKECSWGGNTGIWNCFQTCFCRVCCWVQO±VKECOGPVGGNHWPEKQPCOKGPVQFGNEQORTGUQTGUFGEKTECTIC
FGUECTICRCTC[XWGNXGCCTTCPECTCWVQO±VKECOGPVGEQPHQTOGCNQURCT±OGVTQURTQITCOCFQU
.CNÃPGCKPFKECUKGNTGIWNCFQTHWPEKQPCEQPGNOQFQFGEQPVTQNNQECNQTGOQVQ %QPVTQN.QECN UKIPKHKEC
SWGNQUDQVQPGUFGCTTCPSWGRCTCFCFGNVGENCFQGUV±PCEVKXCFQU %QPVTQN4GOQVQ UKIPKHKECSWGGUVCU
HWPEKQPGUUGEQPVTQNCPFGHQTOCTGOQVC
.CNÃPGCKPFKECUKGUV±CEVKXCFQQPQGNVGORQTK\CFQTSWGIGPGTCOCPFQUFGCTTCPSWG[RCTCFCDCUCFQU
GPVKGORQ
2WNUGNCVGENCEQPHNGEJCCDCLQ
 RCTCQDVGPGTQVTQUFCVQU
EQPFKEKQPGUCEVWCNGUFGNEQORTGUQT 
%QPUWNVGNCUGEEKÉP2TQITCOCUFGEQPVTQN


/CPWCNFGKPUVTWEEKQPGU

 /GPÐ&CVQUFGGUVCFQ

#XKUQ

#PVGUFGGORG\CTGNOCPVGPKOKGPVQQTGRCTCEKÉPRWNUGGNDQVÉPFGRCTCFC
 [
GURGTGJCUVCSWGJC[CRCTCFQGNEQORTGUQT%KGTTGNCX±NXWNCFGUCNKFCFGCKTG[
RWNUGGNDQVÉPFGRTWGDCUQDTGNQUFKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGCIWC
JCUVCSWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾
EQORNGVCOGPVGFGURTGUWTK\CFQ2WNUGGNDQVÉPTQLQFGRCTCFCFGGOGTIGPEKC[CDTC
GNKPVGTTWRVQTUGRCTCFQT
KPUVCNCEKÉPFGNENKGPVG RCTCFGUEQPGEVCTGNXQNVCLGCN
EQORTGUQT
#PVGUFGKPVGPVCTUQNWEKQPCTPCFCEQPUWNVGNCUUGEEKQPGU2TGECWEKQPGUFGUGIWTKFCF
[5QNWEKÉPFGRTQDNGOCU
&GURTGUWTKEGGNUKUVGOCFGCKTG

(WPEKÉP

2CPGNFGEQPVTQN

'NUWDOGPÐFG&CVQUFGGUVCFQFCKPHQTOCEKÉPUQDTGGNGUVCFQFGNCUHWPEKQPGUFGRTQVGEEKÉPFGN
EQORTGUQT
RCTCFCFGCNCTOCCXKUQFGRCTCFCFGCNCTOCCXKUQFGUGTXKEKQ[CXKUQ [RGTOKVGSWGUG
TGCTOGWPCRCTCFCFGCNCTOCUQDTGECTICFGNOQVQT[EQPFKEKÉPFGUGTXKEKQ

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
X¾CUGGNOGPÐFG2CPVCNNCRTKPEKRCN 
Ő 2WNUGNCVGENCň/GPÐʼn
( NCQREKÉPň&CVQUFGGUVCFQʼnUGT±UGIWKFCFGWPCHNGEJCJQTK\QPVCN
Ő 2WNUGNCVGENCFGVCDWNCEKÉP
 

0QGZKUVGPQVKEKC
Ő 'N.'&
 FGCNCTOCIGPGTCNGUV±CRCICFQ[NCPQVKEKCGPGNFKURNC[KPFKECSWGVQFCUNCUEQPFKEKQPGU
UQPPQTOCNGU

ň6QFCUNCUEQPFEUQP1-ʼn


/GPÐ
( ( (


/CPWCNFGKPUVTWEEKQPGU

'ZKUVGWPOGPUCLGFGRCTCFCFGCNCTOC
Ő 'PECUQFGRCTCFCFGCNCTOCFGNEQORTGUQTRCTRCFGCT±GN.'&
 
Ő 'PECUQFGWPCRCTCFCFGCNCTOCFGDKFQCWPCVGORGTCVWTCFGOCUKCFQCNVCGPNCUCNKFCFGNGNGOGPVQ
EQORTGUQT

5CNKFCGNGOGPVQ
u% 
ň2TFʼn /±Z 
ň/GPÐ ʼn 4GCT
( ( (

Ő .QUKPFKECFQTGU
RCTRCFGCP.CRCPVCNNCOWGUVTCNCNGEVWTCCEVWCN
u% GNSWGGNEQORTGUQT
UGGPEWGPVTGRCTCFQ
2TF [GNCLWUVGFGRCTCFC
u% 
Ő 5KIWGUKGPFQRQUKDNGFGURNC\CTUGRQTQVTQUOGPÐURGLRCTCEQORTQDCTNQUXCNQTGUFGQVTQU
RCT±OGVTQU
#NXQNXGTCNOGPÐFG &CVQUFGGUVCFQ RCTRCFGCT±NCQREKÉP 2CTCFCU &KEJCQREKÉPRWGFG
UGNGEEKQPCTUGRWNUCPFQNCVGENCFGVCDWNCEKÉP
 RCTCXQNXGTCNCRCPVCNNCFGRCTCFCFGCTTKDC

4GCTOGFGRCTCFCFGCNCTOC
Ő &GUEQPGEVGGNXQNVCLG[JCICNCUIGUVKQPGUPGEGUCTKCURCTCTGOGFKCTNCCXGTÃC&GURW¾UFGTGOGFKCT[
FGUCRCTGEKFCNCEQPFKEKÉPFGRCTCFCFGCNCTOCEQPGEVGGNXQNVCLG[RWNUGNCVGENCň4GCTʼn
( 
Ő 2WNUGNCUVGENCU /GPÐ [ 2TKP RCTCXQNXGTCNC2CPVCNNCRTKPEKRCN[TGCTTCPSWGGNEQORTGUQTRQTOGFKQ
FGNDQVÉPFGCTTCPSWG
 

4GCTOGFGUQDTGECTICFGNOQVQT
Ő &GUEQPGEVGGNXQNVCLG[JCICNCUIGUVKQPGUPGEGUCTKCURCTCTGOGFKCTNCCXGTÃC'NTGN¾FGUQDTGECTIC

( [GNFKU[WPVQTFGNXGPVKNCFQT
3 FGDGPTGUVCDNGEGTUGOCPWCNOGPVG%QPGEVGGNXQNVCLG[
RWNUGNCVGENCŋ4GCTŌ
( 
Ő 2WNUGNCUVGENCU /GPÐ [ 2TKP RCTCXQNXGTCNC2CPVCNNCRTKPEKRCN[TGCTTCPSWGGNEQORTGUQTRQTOGFKQ
FGNDQVÉPFGCTTCPSWG
 

'ZKUVGWPOGPUCLGFGCXKUQFGRCTCFCFGCNCTOC
7PPKXGNFGCXKUQFGRCTCFCFGCNCTOCGUWPPKXGNRTQITCOCDNGDCLQGNPKXGNFGRCTCFCFGCNCTOC
Ő 5KGZKUVGWPCXKUQFGRCTCFCFGCNCTOCGUV±GPEGPFKFQGN.'&
 .CRCPVCNNCRTKPEKRCNUGECODKCT±C
WPCRCPVCNNCRCTGEKFCCNCSWGUKIWG

5CNKFC%QORTGU
DCT 
ň 2CTQʼn ň#XKUQ ʼn
ň/GPÐ ʼn ň &GUEʼn
( ( (

Ő .QUKPFKECFQTGU
RCTRCFGCP.QUKPFKECFQTGU 2CTQ  #XKUQ CRCTGEGPCNVGTPCFCOGPVGEQPNCU
PQVKEKCUSWGKPFKECPUKGNEQORTGUQTOCTEJCGPFGUECTICQECTIC


/CPWCNFGKPUVTWEEKQPGU

Ő 2WNUGNCVGENC /GPÐ 
( [NCVGENCFGVCDWNCEKÉP
 RCTCUGNGEEKQPCTGNOGPÐFG &CVQUFGGUVCFQ 
RCTRCFGCNCQREKÉP 2TQVGEEKÉP 
Ő &GURN±EGUGCFKEJCQREKÉP[UGNGEEKÉPGNCRWNUCPFQNCVGENCFGVCDWNCEKÉP
 #RCTGEGWPCRCPVCNNC
RCTGEKFCCNCSWGUGOWGUVTCCDCLQ

5CNKFCFGGNGOGPVQ
u%
ň2CTʼn /±Z 
ň/GPÐ ʼn 
( ( (

Ő .CRCPVCNNCKPFKECSWGNCVGORGTCVWTCGPNCUCNKFCFGNGNGOGPVQEQORTGUQTGZEGFGGNPKXGNFGCXKUQFG
RCTCFCFGCNCTOCRTQITCOCFQ
Ő 5KGURTGEKUQRCTGGNEQORTGUQTRQTOGFKQFGNDQVÉPFGRCTCFC
 [GURGTGJCUVCSWGUGRCTGGN
EQORTGUQT
Ő &GUEQPGEVGGNXQNVCLGTGXKUG[TGCNKEGNCUQRGTCEKQPGUPGEGUCTKCU
Ő 'NOGPUCLGFGCXKUQFGUCRCTGEGT±CWVQO±VKECOGPVGGPEWCPVQFGUCRCTG\ECNCEQPFKEKÉPFGCXKUQ

'ZKUVGWPCXKUQFGUGTXKEKQ
Ő 'N.'&GUV±GPEGPFKFQ
 .CRCPVCNNCRTKPEKRCNUGECODKCT±CWPCRCPVCNNCRCTGEKFCCNCSWGUKIWG

5CNKFC%QORTGU
DCT
5GTXPGEGUCTKQ
ň/GPÐ ʼn ň &GUEʼn
( ( (

Ő .QUKPFKECFQTGU
RCTRCFGCP[NCPQVKEKCFGCXKUQFGUGTXKEKQCRCTGEGCNVGTPCFCOGPVGEQPNCU
PQVKEKCUSWGKPFKECPUKGNEQORTGUQTOCTEJCGPFGUECTICQECTIC
Ő 2WNUGNCVGENC /GPÐ 
( [NCVGENCFGVCDWNCEKÉP
 RCTCUGNGEEKQPCTGNOGPÐFG &CVQUFGGUVCFQ 
RCTRCFGCNCQREKÉP 5GTXKEKQ 
Ő &GURN±EGUGCFKEJCQREKÉP[UGNGEEKÉPGNCRWNUCPFQNCVGENCFGVCDWNCEKÉP
 RWGFGSWGRCTRCFGGP
FQUQREKQPGU
Ő 2NCPGU UKUGGZEGFGGNKPVGTXCNQFGWPRNCPFGUGTXKEKQ
Ő 2CTGGNEQORTGUQT[FGUEQPGEVGGNXQNVCLG
Ő 5KGNCXKUQFGUGTXKEKQJCEÃCTGHGTGPEKCC 2NCP TGCNKEGNCUCEEKQPGUFGUGTXKEKQTGNCVKXCUCNQURNCPGU
KPFKECFQU4GCTOGNQUVGORQTK\CFQTGUFGNQURNCPGUEQTTGURQPFKGPVGU2ÉPICUGGPEQPVCEVQEQPGN
%GPVTQFG5GTXKEKQCN%NKGPVGFG#VNCU%QREQ%QPUWNVGNCUGEEKÉP/GPÐ5GTXKEKQ

'ZKUVGWPCPQVKEKCFGCXKUQ
Ő 'UV±GPEGPFKFQGN.'&
 [CRCTGEGT±GPNCRCPVCNNCWPOGPUCLGFGCXKUQ
Ő .QUKPFKECFQTGU
RCTRCFGCP[NCPQVKEKCFGCXKUQCRCTGEGCNVGTPCFCOGPVGEQPNCUPQVKEKCUSWG
KPFKECPUKGNEQORTGUQTOCTEJCGPFGUECTICQECTIC'UVGCXKUQKPFKEC
Ő 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCNCVGORGTCVWTCFGNCIWCFGTGHTKIGTCEKÉPGZEGFGGNPKXGNFG
CXKUQRTQITCOCFQ


/CPWCNFGKPUVTWEEKQPGU

Ő 'PEQORTGUQTGU(WNN(GCVWTGEQPUGECFQT+(&NCVGORGTCVWTCFGNRWPVQFGTQEÃQGUFGOCUKCFQCNVC
GPTGNCEKÉPEQPNCVGORGTCVWTCCODKGPVG
Ő 2CTGGNEQORTGUQT[FGUEQPGEVGGNXQNVCLG+PURGEEKQPGGNEQORTGUQT[UQNWEKQPG

 /GPÐ&CVQUOGFKFQU

2CPGNFGEQPVTQN

(WPEKÉP
+PXQECTKPHQTOCEKÉPCEGTECFGNQUFCVQUOGFKFQUCEVWCNOGPVG[GNGUVCFQFGCNIWPCUGPVTCFCURGL
RTQVGEEKÉPFGUQDTGECTICFGNOQVQT%QPUWNVGGNHNWLQFGOGPÐUGPNCUGEEKÉP2TQITCOCUFGEQPVTQN

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
X¾CUGGNOGPÐFG2CPVCNNCRTKPEKRCN 
Ő 2WNUGNCVGENCň/GPÐʼn
( 
Ő 2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGň&CVQUOGFKFQUʼnCRCTG\ECUGIWKFQFGWPCHNGEJC
JQTK\QPVCN
Ő #EVKXGGNOGPÐRWNUCPFQNCVGENCFGVCDWNCEKÉP
 
Ő #NRWNUCTNCUVGENCUFGFGURNC\COKGPVQ
 GPEQPVTCT±WPPÐOGTQFGFCVQUCEVWCNOGPVGOGFKFQU
Ő 5KWPQFGNQUUGPUQTGUXCEQPGEVCFQCWPCHWPEKÉPFGRCTCFCFGCNCTOCUGTXKEKQQCXKUQGURQUKDNG
KPXQECTVCPVQGNXCNQTCEVWCNOGPVGOGFKFQEQOQGNPKXGNEQTTGURQPFKGPVGFGRCTCFCFGCNCTOCCXKUQ
QUGTXKEKQEQPVCPUÉNQRWNUCTNCVGENC
 


/CPWCNFGKPUVTWEEKQPGU

 /GPÐ%QPVCFQTGU

2CPGNFGEQPVTQN

(WPEKÉP
2CTCKPXQECT
Ő .CUJQTCUFGHWPEKQPCOKGPVQ
Ő .CUJQTCUFGECTIC
Ő 'NPÐOGTQFGCTTCPSWGUFGNOQVQT
Ő 'NPÐOGTQFGJQTCUSWGGNTGIWNCFQT
OÉFWNQ JCGUVCFQDCLQVGPUKÉP
Ő 'NPÐOGTQFGEKENQUFGECTIC

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
X¾CUGGNOGPÐFG2CPVCNNCRTKPEKRCN 
Ő 2WNUGNCVGENCň/GPÐʼn
( 
Ő 2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGNCQREKÉPň%QPVCFQTGUʼnXC[CUGIWKFCFGWPCHNGEJC
JQTK\QPVCN
Ő 2WNUGNCVGENCFGVCDWNCEKÉP
 RCTCCEVKXCTGNOGPÐ
Ő #NRWNUCTNCVGENCEQPHNGEJC
 UGRWGFGPGPEQPVTCTNQUFCVQUOGPEKQPCFQUCPVGTKQTOGPVG

'LGORNQFGWPCRCPVCNNC%QPVCFQTGU

ň*QTCU(PEVQʼn
ňJTUʼn ňJTUʼn


/GPÐ
( ( (


/CPWCNFGKPUVTWEEKQPGU

 /GPÐ2TWGDC

2CPGNFGEQPVTQN

(WPEKÉP
.NGXCTCECDQWPCRTWGDCFGFKURNC[GUFGEKTEQORTQDCTUKGNFKURNC[[NQU.'&UKIWGPKPVCEVQU

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
X¾CUGGNOGPÐFG2CPVCNNCRTKPEKRCN 
Ő 2WNUGNCVGENCň/GPÐʼn
( 
Ő 2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGNCQREKÉPň2TWGDCʼnXC[CUGIWKFCFGWPCHNGEJCJQTK\QPVCN
Ő #EVKXGGNOGPÐRWNUCPFQNCVGENCFGVCDWNCEKÉP
 
Ő .CQREKÉPň2TQDCTRCPVCNNCʼnUGT±UGIWKFCFGWPCHNGEJCJQTK\QPVCN
Ő 2CTCRTQDCTGNFKURNC[RWNUGNCVGENC
 &WTCPVGNCRTWGDCGNTGIWNCFQTIGPGTCT±WPCUGTKGFG
RCVTQPGUGPGNFKURNC[SWGRGTOKVGPCNWUWCTKQEQORTQDCTSWGECFCRÃZGNHWPEKQPCCÐPFGHQTOC
PQTOCNNQU.'&UGGPEKGPFGPCNCXG\

 /GPÐ/QFKHKECEKÉPFGRCT±OGVTQU

(WPEKÉP
/QFKHKECTWPPÐOGTQFGCLWUVGURTQITCOCDNGU
Ő 2CT±OGVTQU
X¾CUGNCUGEEKÉP/QFKHKECTRCT±OGVTQU 
Ő 2TQVGEEKQPGU
X¾CUGNCUGEEKÉP/QFKHKECTRTQVGEEKQPGU 
Ő #LWUVGUFGRNCPGUFGUGTXKEKQ
X¾CUGNCUGEEKÉP/QFKHKECTNQUCLWUVGUFGRNCPGUUGTXKEKQ 
Ő #LWUVGUFGNCHWPEKÉPFGTGNQL
X¾CUGNCUGEEKÉP/QFKHKECTNQUCLWUVGUFGNCHWPEKÉPFGTGNQL 
Ő #LWUVGUFGEQPHKIWTCEKÉP
X¾CUGNCUGEEKÉP/QFKHKECTNQUCLWUVGUFGEQPHKIWTCEKÉP 


/CPWCNFGKPUVTWEEKQPGU

 /QFKHKECEKÉPFGRCT±OGVTQU

2CPGNFGEQPVTQN

(WPEKÉP
/QFKHKECTWPPÐOGTQFGRCT±OGVTQU%QPUWNVGGNHNWLQFGOGPÐUGPNCUGEEKÉP2TQITCOCUFGEQPVTQN

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
X¾CUGGNOGPÐFG2CPVCNNCRTKPEKRCN 
Ő 2WNUGNCVGENCň/GPÐʼn
( 
Ő 2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGň/QFKHKERCT±OGVʼnXC[CUGIWKFCFGWPCHNGEJCJQTK\QPVCN
Ő #EVKXGGNOGPÐRWNUCPFQNCVGENCFGVCDWNCEKÉP
 
Ő 'NRTKOGTEQORQPGPVGň2CT±OGVTQUʼnCRCTGEGT±UGIWKFQFGWPCHNGEJCJQTK\QPVCN
Ő 2WNUGNCVGENCFGVCDWNCEKÉP
 UGOQUVTCT±PGNRTKOGTEQORQPGPVG 2TGUKÉPECTIC [UWCLWUVG
Ő 2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGGNRCT±OGVTQSWGUGXCCOQFKHKECTCRCTG\ECUGIWKFQFG
WPCHNGEJCJQTK\QPVCN

/QFKHKECTRTGUKQPGUFGECTIC[FGUECTIC
5KCUÃUGFGUGCGNQRGTCFQTRWGFGRTQITCOCTFQUDCPFCUFGRTGUKÉP
DCPFC[DCPFC EQPRTGUKQPGU
FGECTIC[FGUECTICFKHGTGPVGU.QUCLWUVGURCTCNCDCPFCXCPKPFKECFQU 2TGUKÉPECTIC [ 2TGUKÉP
FGUECTI NQUCLWUVGURCTCNCDCPFCXCPKPFKECFQU 2TGUECTIC [ 2TGUFGUECTIC 
'LGORNQ
2CTCNCDCPFCFGRTGUKÉP
Ő 2TGUKÉPFGECTICDCT
Ő 2TGUKÉPFGFGUECTICDCT
2CTCNCDCPFCFGRTGUKÉP
Ő 2TGUKÉPFGECTICDCT
Ő 2TGUKÉPFGFGUECTICDCT
2TQEGFKOKGPVQ
Ő %QPUWNVGNCUGEEKÉPCPVGTKQT2TQEGFKOKGPVQRCTCUGNGEEKQPCTNC 2TGUKÉPECTIC 


/CPWCNFGKPUVTWEEKQPGU

2TGUKÉPECTIC
DCT 

/GPÐ ň/QFʼn
( ( (

Ő .CRCPVCNNCKPFKECSWGGNCLWUVGEQTTKGPVGGUFGDCT
G 2CTCOQFKHKECTGNCLWUVGRWNUGNCVGENC
ň/QFʼn
( RCTRCFGCT±GNCLWUVG
Ő %QPC[WFCFGNCVGENCň.ÃOʼn
( UGRWGFGPGPEQPVTCTNCUNKOKVCEKQPGURCTCGNRCT±OGVTQ
Ő %CODKGGNCLWUVGEQPC[WFCFGNCUVGENCUFGFGURNC\COKGPVQ
 
Ő 2WNUGNCVGENC 2TQI 
( RCTCRTQITCOCTGNPWGXQCLWUVGQNCVGENC %CPE 
( RCTCECPEGNCTGN
RTQEGFKOKGPVQFGOQFKHKECEKÉP
Ő 'NRTQEGFKOKGPVQRCTCOQFKHKECTNC2TGUKÉPFGFGUECTICGURCTGEKFQ
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 CRCTGEGT±GNRTKOGTEQORQPGPVGň*QTCʼn5KUG
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 2TQITCOCTOQFQUFGEQPVTQNFGNEQORTGUQT

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/CPWCNFGKPUVTWEEKQPGU

2TQEGFKOKGPVQ
 2CTGGNEQORTGUQT[EKGTTGNCX±NXWNCFGUCNKFCFGCKTG&GURTGUWTKEGGNUKUVGOCFGUCNKFCFGCKTG
RWNUCPFQGNDQVÉPFGRTWGDCSWGUGGPEWGPVTCUQDTGNQUFKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFG
CIWC&GUEQPGEVGGNXQNVCLG
%QPUWNVGNCUGEEKÉP5KUVGOCFGEQPFGPUCFQRCTCEQPQEGTNCWDKECEKÉPFGNQURWPVQUFGFTGPCLG[FG
NQUFKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGCIWC
 #HNQLGGNVWDQFGFTGPCLGFGEQPFGPUCFQFGNEQNGEVQTFGNEQORTGUQTFGUFGUWCEQRNCOKGPVQ
&C 
 %QNQSWGGNMKVUGRCTCFQTEQOQUGOWGUVTC
 (KLGGNUQRQTVGGKPUVCNGNQURGTPQU
 %QPGEVGGNVWDQFGFTGPCLGUWGNVQFGUFGGNRWPVQFGFTGPCLGFGEQPFGPUCFQ
&C JCUVCNCEQPGZKÉP
FGNRTGHKNVTQ
 
 'ZVTCKICGNCEQRNCFQT
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%QPGEVGGNVWDQFGCIWC
 CNNCFQRQUVGTKQTFGNCEQRNCOKGPVQ
&E &KTKLCGNVWDQHNGZKDNGFGUCNKFC
FGEQPFGPUCFQFGUFGGNCEQRNCOKGPVQ
&E JCEKCGNUKUVGOCFGFTGPCLGFGEQPFGPUCFQ
 'ZVTCKICNCVCRC
 [TGNNGPGGNTGEKRKGPVG
 EQPCIWCJCUVCSWG¾UVCHNW[CCVTCX¾UFGNCUCNKFCFG
CIWCFGN15&
 8WGNXCCKPUVCNCTNCVCRC

 +PUVTWEEKQPGUFGHWPEKQPCOKGPVQ[OCPVGPKOKGPVQ

2TGECWEKQPGUFGUGIWTKFCF

#PVGUFGNNGXCTCECDQEWCNSWKGTQRGTCEKÉPFGOCPVGPKOKGPVQTGRCTCEKÉPQCLWUVG
RTQEGFCFGNCUKIWKGPVGOCPGTC
Ő 2CTGGNEQORTGUQT
Ő %KGTTGNCX±NXWNCFGUCNKFCFGCKTG[RWNUGGNDQVÉPFGRTWGDCSWGUGGPEWGPVTC
UQDTGGNFKURQUKVKXQGNGEVTÉPKEQFGFTGPCLGFGCIWCJCUVCSWGGNUKUVGOCFGCKTG
SWGUGGPEWGPVTCGPVTGGNTGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾
EQORNGVCOGPVGFGURTGUWTK\CFQ
Ő 2WNUGGNDQVÉPFGRCTCFCFGGOGTIGPEKC
Ő &GUEQPGEVGGNXQNVCLG
Ő &GURTGUWTKEGGNEQORTGUQT
2CTCQDVGPGTKPUVTWEEKQPGUFGVCNNCFCUEQPUWNVG5QNWEKÉPFGRTQDNGOCU
'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

+PUVTWEEKQPGUFGHWPEKQPCOKGPVQ

+PVGTKQTFG15&


/CPWCNFGKPUVTWEEKQPGU

Ő #PVGUFGCTTCPECTEQORTWGDGSWGGNTGEKRKGPVG
 GUV±NNGPQ5KGUPGEGUCTKQXKGTVCCIWCGPGN
EQPFWEVQFGTGNNGPQ
 JCUVCSWGHNW[CCVTCX¾UFGNVWDQ
 8WGNXCCKPUVCNCTNCVCRC
Ő &WTCPVGGNHWPEKQPCOKGPVQFGNEQORTGUQTUGCEWOWNCWPCECRCFGCEGKVGUQDTGGNPKXGNFGNCIWCFGN
TGEKRKGPVG
 'PHWPEKÉPFGNCECRCEKFCFFGNEQORTGUQT[FGUWEKENQQRGTCVKXQNCJWOGFCFFGNCKTG
FGGPVTCFC[GNEQPVGPKFQFGCEGKVGFGNCKTGEQORTKOKFQRWGFGPRCUCTXCTKCUUGOCPCUQOGUGUCPVGU
FGSWGUGRWGFCQDUGTXCTWPPKXGNFGCEGKVGGPGNEQNGEVQT
 
Ő 2GTKÉFKECOGPVGEQORTWGDGSWGGNTGEKRKGPVG
 GUV±NNGPQ5KGUPGEGUCTKQXKGTVCCIWCGPGN
EQPFWEVQFGTGNNGPQ
 JCUVCSWGHNW[CCVTCX¾UFGNVWDQ
 /CPVGPICNCVCRCKPUVCNCFC

2WPVQUFGFTGPCLGFGEQPFGPUCFQ

)# C)#

+PUVTWEEKQPGUFGOCPVGPKOKGPVQ
%QPUWNVGNCUGEEKÉP7PKFCF15&RCTCEQPQEGTNCUTGHGTGPEKCU

+PVGTXCNQ *QTCUFG 1RGTCEKÉP


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 5KNCRTGUKÉPCNECP\CDCT
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RUKI QECFCJQTCUFGHWPEKQPCOKGPVQTGGORNCEGGNHKNVTQ

 [FGUCVQTPÃNNGNQ.NGPGGNPWGXQHKNVTQEQPCIWCCEGKVG
NKIGTCOGPVGNCLWPVCCVQTPÃNNGNQ[CRTKGVGCOCPQ
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 [UKGUPGEGUCTKQ
NÃORKGNQ
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 5KUGJCNNCECUK
NNGPQFGUEQPGEVGGNVWDQFGCEGKVG
 [GPVTGIWGGNCEGKVGCN
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  %QORTWGDGGNRTGHKNVTQ
 NÃORKGNQUKGUPGEGUCTKQ


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 2KEVQITCOCU

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4GHGTGPEKC &GUETKREKÉP
 #EGKVG
 5CNKFCFGCEGKVG
 5CNKFCFGEQPFGPUCFQ
 2TGUKÉP
 'PVTCFC
 2WPVQFGUGTXKEKQ
 2TGUKÉPFGGPVTCFCFGNUGRCTCFQT
 .WDTKSWGNCLWPVCCVQTPKNNGGNHKNVTQ[CRTKGVGCOCPQ
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 %QPUWNVGGNHQNNGVQFGKPUVTWEEKQPGUCPVGUFGTGCNK\CTTGRCTCEKQPGUQOCPVGPKOKGPVQ


/CPWCNFGKPUVTWEEKQPGU

 +PUVCNCEKÉP

 &KDWLQUFGFKOGPUKQPGU

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/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKÉP
 5CNKFCFGCKTGFGTGHTKIGTCEKÉPFGNUGECFQT
 5CNKFCFGCKTGFGTGHTKIGTCEKÉP
 5CNKFCFGCKTGEQORTKOKFQ
 'PVTCFCFGCKTGEQORTKOKFQ
 2CUQFGECDNGGN¾EVTKEQ
 'PVTCFCFGTGEWRGTCEKÉPFGGPGTIÃC
 5CNKFCFGTGEWRGTCEKÉPFGGPGTIÃC
 2WPVQFGFTGPCLGCWVQO±VKEQ15&
 &TGPCLGOCPWCN[CWVQO±VKEQUGECFQT
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 &TGPCLGOCPWCN[CWVQO±VKEQTGHTKIGTCFQTRQUVGTKQT
 'PVTCFCFGCKTGFGTGHTKIGTCEKÉPFGNUGECFQT
 'PVTCFCFGCKTGFGTGHTKIGTCEKÉP
 'PVTCFCFGCKTGFGTGHTKIGTCEKÉPFGNOQVQT


/CPWCNFGKPUVTWEEKQPGU

 2TQRWGUVCFGKPUVCNCEKÉP

'LGORNQFGUCNCFGEQORTGUQTGU

'LGORNQFGUCNCFGEQORTGUQTGU


/CPWCNFGKPUVTWEEKQPGU

6GZVQGPFKDWLQ


 'URCEKQNKDTGOÃPKOQSWGFGDGTGUGTXCTRCTCNCKPUVCNCEKÉPFGNEQORTGUQT

 2TQRWGUVCUFGXGPVKNCEKÉP
EQORTGUQTGUTGHTKIGTCFQURQTCKTG

 5KUVGOCUFGTGHTKIGTCEKÉP
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&GUETKREKÉP

 +PUVCNGGNEQORTGUQTUQDTGWPUWGNQPKXGNCFQ[UÉNKFQSWGRWGFCUQRQTVCTUWRGUQ
 2QUKEKÉPFGNCX±NXWNCFGUCNKFCFGCKTGEQORTKOKFQ
 'NNCTIQO±ZKOQFGNCUVWDGTÃCUVQVCNGU
KPENWUQNCVWDGTÃCFGKPVGTEQPGZKÉPGPVTGGN
EQORTGUQT[GNFGRÉUKVQ UGECNEWNCFGNCHQTOCUKIWKGPVG
FR
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RRTGUKÉPCDUQNWVCGPNCUCNKFCFGNEQORTGUQTGPDCT
C
3EUWOKPKUVTQFGCKTGNKDTGFGNEQORTGUQTGPNU
 8GPVKNCEKÉPNCURCTTKNNCUFGCURKTCEKÉP[GNXGPVKNCFQTFGDGPKPUVCNCTUGFGVCNHQTOC
SWGUGGXKVGNCTGEKTEWNCEKÉPFGNCKTGFGTGHTKIGTCEKÉPCNEQORTGUQTQUGECFQT.C
XGNQEKFCFO±ZKOCFGNCKTGCVTCX¾UFGNCURCTTKNNCUGUFGOU
RKGUU 
.CVGORGTCVWTCO±ZKOCFGNCKTGGPNCVQOCFGNEQORTGUQTGUFGu%
u( 
NC
OÃPKOCGUFGu%u( 
2CTCNCUCNVGTPCVKXCU[FGNQUEQORTGUQTGUTGHTKIGTCFQURQTCKTGFG)# C)#
NCECRCEKFCFFGXGPVKNCEKÉPPGEGUCTKCRCTCNKOKVCTNCVGORGTCVWTCGPNCUCNCFG
EQORTGUQTGURWGFGECNEWNCTUGFGNCOCPGTCUKIWKGPVG
Ő 3X0F6RCTCEQORTGUQTGU)#9QTMRNCEG
Ő 3X
0  F6RCTCEQORTGUQTGU)#9QTMRNCEG(WNN(GCVWTG
'NCKTGFGTGHTKIGTCEKÉPFGNUGECFQTRWGFGEQPFWEKTUGCNGZVGTKQT
3XECRCEKFCFFGXGPVKNCEKÉPTGSWGTKFCGPOU
0GPVTCFCCNGLGFGNEQORTGUQTGPM9
F6CWOGPVQFGVGORGTCVWTCGPUCNCFGNEQORTGUQT
2CTCNCUCNVGTPCVKXCU[NCECRCEKFCFFGNXGPVKNCFQTFGDGKIWCNCTNCECRCEKFCFFGN
XGPVKNCFQTFGNEQORTGUQTCWPCECTICFGRTGUKÉPKIWCNCNCECÃFCFGRTGUKÉPUQDTGNQU
EQPFWEVQUFGCKTG
2CTCNQUEQORTGUQTGUTGHTKIGTCFQURQTCIWCFG)# C)#NCECRCEKFCFFG
XGPVKNCEKÉPPGEGUCTKCRCTCNKOKVCTNCVGORGTCVWTCGPNCUCNCFGEQORTGUQTGURWGFG
ECNEWNCTUGFGNCOCPGTCUKIWKGPVG
Ő 3X0F6RCTCEQORTGUQTGU)#9QTMRNCEG
Ő 3X
0  F6RCTCEQORTGUQTGU)#9QTMRNCEG(WNN(GCVWTG
 .QUVWDQUFGFTGPCLGCNEQNGEVQTPQRWGFGPGPVTCTGPEQPVCEVQEQPGNCIWCFGN
EQNGEVQT#VNCU%QREQFKURQPGFGUGRCTCFQTGUFGCEGKVGCIWC
VKRQ15& RCTC
UGRCTCTNCOC[QTRCTVGFGNCEGKVGFGNEQPFGPUCFQCHKPFGCUGIWTCTSWGGN
EQPFGPUCFQEWORNGNQUTGSWKUKVQUFGNCNGIKUNCEKÉPOGFKQCODKGPVCN
 /ÉFWNQFGEQPVTQNEQPRCPGNFGOQPKVQTK\CEKÉP
 7PGNGEVTKEKUVCFGDGCLWUVCTGKPUVCNCTGNECDNGFGUWOKPKUVTQFGGPGTIÃC


/CPWCNFGKPUVTWEEKQPGU

 'SWKRCOKGPVQRCTCUKUVGOCFGTGEWRGTCEKÉPFGGPGTIÃC
 (KNVTQVKRQ&&EQPHKPGUIGPGTCNGU'NHKNVTQGNKOKPCRCTVÃEWNCUUÉNKFCUJCUVC
OKETÉOGVTQ[EQPVGPKFQUFGCEGKVGTGUKFWCNO±ZKOQUFGOIO'URQUKDNG
KPUVCNCTWPHKNVTQFGCNVCGHKEKGPEKCVKRQ2&EQPRQUVGTKQTKFCFCWPHKNVTQ&&'UVG
HKNVTQGNKOKPCRCTVÃEWNCUUÉNKFCUJCUVCOKETCUEQPWPCTTCUVTGFGCEGKVGO±ZKOQ
FGOIO2CTCGXKVCTQNQTGU[XCRQTGUFGCEGKVGJC[SWGKPUVCNCTWPHKNVTQVKRQ
3&EQPRQUVGTKQTKFCFCNHKNVTQ2&
5GTGEQOKGPFCKPUVCNCTVWDQUFGFGTKXCEKÉPEQPX±NXWNCUFGDQNCUQDTGECFCHKNVTQ
EQPQDLGVQFGCKUNCTNQUHKNVTQUFWTCPVGNQUVTCDCLQUFGUGTXKEKQUKPGPVQTRGEGTGN
UWOKPKUVTQFGCKTGEQORTKOKFQ
 8±NXWNCFGUGIWTKFCF
 5KUVGOCFGFGTKXCEKÉPRCTCFGLCTHWGTCFGNEKTEWKVQGNUGECFQTFWTCPVGNQUVTCDCLQUFG
UGTXKEKQ
QREKQPCNEQPUWNVGC#VNCU%QREQ 
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
'NHNWLQFGCIWC[NCRTGUKÉPFGDGPCLWUVCTUGGPHWPEKÉPFGNCUEQPFKEKQPGUNQECNGU
2CTCEQPQEGTNCECNKFCFFGNCIWCFGTGHTKIGTCEKÉPEQPUWNVGNCUGEEKÉP4GSWKUKVQUFGN
CIWCFGTGHTKIGTCEKÉP
'NENKGPVGRWGFGKPUVCNCTWPCX±NXWNCFGEKGTTG[QVTCFGFTGPCLGGPNQUVWDQUFG
GPVTCFC[UCNKFCFGCIWCFGNEQORTGUQT5KUGKPUVCNCPX±NXWNCUFGEKGTTGGPNQUVWDQU
FGGPVTCFC[UCNKFCFGCIWCFGNEQORTGUQTFGDGKPUVCNCTUGWPFKURQUKVKXQFG
UGIWTKFCFEQPWPCRTGUKÉPFGCLWUVGCFGEWCFCCNCRTGUKÉPO±ZKOCFGGPVTCFCFGN
CIWCFGTGHTKIGTCEKÉP
EQPUWNVGNCUGEEKÉP%QPFKEKQPGUFGTGHGTGPEKC[NÃOKVGU GPVTG
GNVWDQFGUCNKFCFGCIWCFGNEQORTGUQT[NCX±NXWNCFGEKGTTG'NQRGTCFQTSWGQRGTG
GNITWRQUGCUGIWTCT±FGSWGGNUKUVGOCFGCIWCFGTGHTKIGTCEKÉPPQRWGFG
DNQSWGCTUG.QFGUETKVQCPVGTKQTOGPVGUGCRNKECVCODK¾PCNUKUVGOCFGCIWCFG
TGHTKIGTCEKÉPRCTCTGEWRGTCEKÉPFGGPGTIÃC'ZVTCKICNQUVCRQPGUFGRN±UVKEQ
UKGUV±P
KPUVCNCFQU FGNQUVWDQUFGCIWCFGNEQORTGUQT[EQPGEVGNQUVWDQUCNEKTEWKVQFG
CIWCFGTGHTKIGTCEKÉP


/CPWCNFGKPUVTWEEKQPGU

 %QPGZKQPGUGN¾EVTKECU

%QPGZKQPGUGN¾EVTKECUFG)# C)#


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKÉP

 +PUVCNCEKÉPFGNENKGPVG

 1REKÉPUGECFQT

 6QFQUNQUXQNVCLGU
[*\

 %QPGZKÉPGPGUVTGNNCVQFQUNQUFGO±UXQNVCLGU

 %QPGZKÉPGPVTK±PIWNQ8*\

&GUETKREKÉP
 +PUVCNGWPKPVGTTWRVQTUGRCTCFQT
 %QORTWGDGSWGGUV±PDKGPUWLGVQUCUWUDQTPGUNQUECDNGUGJKNQUFGNOQVQTGPGNCTOCTKQGN¾EVTKEQ
 %QORTWGDGNQUHWUKDNGU[GNCLWUVGFGNTGN¾FGUQDTGECTIC8¾CUGNCUGEEKÉP#LWUVGUFGTGN¾FG
UQDTGECTIC[HWUKDNGU
 %QPGEVGNQUECDNGUFGUWOKPKUVTQFGRQVGPEKCCUWUDQTPGU..[.
 %QPGEVGGNRGTPQFGNEQPFWEVQTFGVKGTTC
2' 

 4GSWKUKVQUFGNCIWCFGTGHTKIGTCEKÉP

)GPGTCNKFCFGU
5GKPFKECPNQUTGSWKUKVQUUKIWKGPVGUEQOQPQTOCIGPGTCNRCTCRTGXGPKTRTQDNGOCUEQPGNCIWCFG
TGHTKIGTCEKÉP'PECUQFGFWFCEQPUWNVGC#VNCU%QREQ

/±ZKOQUTGEQOGPFCFQU 5KUVGOCFGTGEKTEWNCEKÉP 5KUVGOCFGRCUQEQPVKPWQ



%NQTWTQ
%N  KPHGTKQTCOIN KPHGTKQTCOIN

5WNHCVQ
51  KPHGTKQTCOIN KPHGTKQTCOIN
6QVCNFGUWUVCPEKCUUÉNKFCU KPHGTKQTCOIN KPHGTKQTCOIN
5WUVCPEKCUUÉNKFCUUWURGPFKFCU KPHGTKQTCOIN KPHGTKQTCOIN

5K1
%NQTQNKDTG
%N KPHGTKQTCOIN KPHGTKQTCOIN
#OQPÃCEQ
0*   KPHGTKQTCOIN KPHGTKQTCOIN
%QDTG KPHGTKQTCOIN KPHGTKQTCOIN
*KGTTQ KPHGTKQTCOIN KPHGTKQTCOIN
/CPICPGUQ KPHGTKQTCOIN KPHGTKQTCOIN
1ZÃIGPQ KPHGTKQTCOIN KPHGTKQTCOIN
&WTG\CECTDQPCVCFC
EQOQ OIN OIN
%C%1
/CVGTKCNQTI±PKEQ
-/P1 KPHGTKQTCOIN KPHGTKQTCOIN
5KPCNICU
5KPCEGKVG


/CPWCNFGKPUVTWEEKQPGU

1DUGTXCEKÉP
'NENQTWTQ[GNUWNHCVQUQPKPVGTCEVKXQU'PWPUKUVGOCFGRCUQEQPVKPWQNCUWOCFGNQUEWCFTCFQUPQ
RWGFGGZEGFGTFG2CTCWPUKUVGOCFGTGEKTEWNCEKÉPEQPGNVTCVCOKGPVQ[NQUEQPVTQNGUFGDKFQUUG
RGTOKVGWPCUWOCFGNQUEWCFTCFQUFGJCUVC1DU¾TXGUGSWGGNXCNQTFGUWNHCVQFGDGKPENWKTGN
UWNHKVQGXGPVWCNOGPVGRTGUGPVG

#FKVKXQU
5KHWGTCPGEGUCTKQWVKNK\CTCFKVKXQUGPGNCIWCFGTGHTKIGTCEKÉPVGPICGPEWGPVCSWGNCECRCEKFCFFG
TGHTKIGTCEKÉPUGXGTÃCOQFKHKECFC

 2KEVQITCOCU

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2KEVQITCOCU

2KEVQITCOCUEQORTGUQTGUTGHTKIGTCFQURQTCIWC


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKÉP
 2WPVQFGFTGPCLGCWVQO±VKEQFGEQPFGPUCFQ
 #XKUQXQNVCLG
 #XKUQFGUEQPGEVCTGNXQNVCLG[FGURTGUWTK\CTGNEQORTGUQTCPVGUFGTGCNK\CT
TGRCTCEKQPGU
 #XKUQEQPUWNVGGN.KDTQFGKPUVTWEEKQPGUGPNQTGHGTGPVGCNUGPVKFQFGIKTQFGNOQVQT
CPVGUFGEQPGEVCTGNEQORTGUQTGN¾EVTKECOGPVG
 2CTGUFGCRTKGVGRCTCRGTPQUFGCEGTQ
(G QNCVÉP
%W<P
 #EGKVGNKIGTCOGPVGNCLWPVCFGNHKNVTQFGCEGKVGCVQTPÃNNGNQ[CRTK¾VGNQCOCPQ
OGFKC
XWGNVCCRTQZKOCFCOGPVG
 #XKUQRCTGGNEQORTGUQTCPVGUFGTGRCTCTNQUXGPVKNCFQTGU
 #XKUQFGUEQPGEVGGNXQNVCLGCPVGUFGSWKVCTNCEWDKGTVCRTQVGEVQTCFGPVTQFGN
EWDÃEWNQGN¾EVTKEQ
 %QPUWNVGGN.KDTQFGKPUVTWEEKQPGUCPVGUFGTGCNK\CTOCPVGPKOKGPVQ
 5CNKFCFGCIWCFGTGHTKIGTCEKÉP
 'PVTCFCFGCIWCFGTGHTKIGTCEKÉP


/CPWCNFGKPUVTWEEKQPGU

 +PUVTWEEKQPGUFGHWPEKQPCOKGPVQ

 #PVGUFGNCTTCPSWGKPKEKCN

5GIWTKFCF

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCURTGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGUKPENWKFCU
NCUSWGUGKPFKECPGPGNRTGUGPVGOCPWCN

(WPEKQPCOKGPVQGPCNVKVWFGZVGTKQTGU
5KGNEQORTGUQTUGGPEWGPVTCKPUVCNCFQGPGZVGTKQTGUQUKGURQUKDNGSWGNCVGORGTCVWTCFGCURKTCEKÉPFGN
CKTGFGUEKGPFCRQTFGDCLQFG%(JC[SWGVQOCTRTGECWEKQPGU%QPUWNVGC#VNCU%QREQGPVCN
ECUQ[VCODK¾PUKHWPEKQPCCWPCCNVKVWFUWRGTKQTCO
HV 

&GURNC\COKGPVQNGXCPVCOKGPVQ
'URQUKDNGFGURNC\CTGNEQORTGUQTEQPC[WFCFGWPCECTTGVKNNCGNGXCFQTCGPNCUTCPWTCUFGNDCUVKFQT
2TQEWTGPQFCÇCTNCECTTQEGTÃCFWTCPVGGNNGXCPVCOKGPVQQVTCPURQTVG#PVGUFGNGXCPVCTGNEQORTGUQT
XWGNXCCKPUVCNCTNQURGTPQUFGVTCPURQTVG#UGIÐTGUGFGSWGNCUJQTSWKNNCUUQDTGUCNGPFGUFGGNQVTQNCFQ
FGNDCUVKFQT'NEQORTGUQTVCODK¾PRWGFGGNGXCTUGFGURW¾UFGKPUGTVCTXKICUGPNCUTCPWTCU#UGIÐTGUG
FGSWGNCUXKICUPQUGFGUNK\CP[SWGUQDTGUCNGPFGUFGGNDCUVKFQTFGOCPGTCWPKHQTOG.CUECFGPCU
FGDGPOCPVGPGTUGRCTCNGNCUCNCECTTQEGTÃCEQPC[WFCFGUGRCTCFQTGUFGECFGPCRCTCPQFCÇCTCN
EQORTGUQT'NGSWKRQFGNGXCPVCOKGPVQFGDGGUVCTRQUKEKQPCFQFGHQTOCSWGGNEQORTGUQTUGNGXCPVG
XGTVKECNOGPVG.GX±PVGNQFGURCEKQRTQEWTCPFQSWGPQUGVWGT\C

+PFKECEKÉPGZVGTPCFGNGUVCFQFGNEQORTGUQTGPEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++
'NTGIWNCFQT'NGMVTQPKMQP++GUV±FQVCFQFGEQPVCEVQUCWZKNKCTGU
---[- RQTGNNCFQFG
CVT±UFGNOÉFWNQRCTCKPFKECEKÉPGZVGTPCFG
Ő DCLCQCNVCRTGUKÉPFGNCKTG
- EGTTCFQUUKIPKHKECCNVCRTGUKÉPFGNCKTG
Ő ECTICFGUECTICOCPWCNQHWPEKQPCOKGPVQCWVQO±VKEQ
-
Ő GUVCFQFGCXKUQ
-
Ő GUVCFQFGRCTCFCFGCNCTOC
-
%CTICO±ZKOCRCTCNQUEQPVCEVQU#8%#2CTGGNEQORTGUQT[FGUEQPGEVGGNXQNVCLGCPVGUFG
EQPGEVCTGSWKRQGZVGTPQ%QPUWNVGC#VNCU%QREQ

/QFQUFGEQPVTQNFGNEQORTGUQTGPEQORTGUQTGUFQVCFQUFGNTGIWNCFQT'NGMVTQPKMQP++

&GLGSWGNCUOQFKHKECEKQPGUNCUEQORTWGDG#VNCU%QREQ2CTGGNEQORTGUQT[
FGUEQPGEVGGNXQNVCLGCPVGUFGEQPGEVCTGSWKRQGZVGTPQ5GRGTOKVGPÐPKECOGPVG
EQPVCEVQUNKDTGUFGXQNVCLG

%QPUWNVGNCUGEEKÉP2TQITCOCTOQFQUFGEQPVTQNFGNEQORTGUQTUKUGSWKGTGEQPOWVCTCQVTQOQFQFG
EQPVTQN
'URQUKDNGUGNGEEKQPCTNQUOQFQUFGEQPVTQNSWGUKIWGP


/CPWCNFGKPUVTWEEKQPGU

Ő %QPVTQNNQECN'NEQORTGUQTTGURQPFGT±COCPFQUKPVTQFWEKFQUEQPC[WFCFGNQUDQVQPGUGPGNRCPGN
FGEQPVTQN.QUOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQTGUV±PCEVKXQURQTOGFKQFGNCHWPEKÉP4GNQL
UKGUV±PRTQITCOCFQU
Ő %QPVTQNTGOQVQ'NEQORTGUQTTGCEEKQPCT±CNQUOCPFQUFGKPVGTTWRVQTGUGZVGTPQU3WGFCCEVKXCNC
RCTCFCFGGOGTIGPEKC5KGORTGGURQUKDNGCEEGFGTCNQUOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQT
RQTOGFKQFGNCHWPEKÉP4GNQL
2CTCCTTCPSWG[RCTCFCCFKUVCPEKC
Ő %QPGEVGWPDQVÉPFGCTTCPSWGRCTCFCRTQITCOCFCGPVTGNQUDQTPGU[FGNEQPGEVQT
: 
%QPUWNVGNCUGEEKÉP5KUVGOCGN¾EVTKEQRCTCNQECNK\CTNCTGINGVCFGDQTPGU
Ő 2WGPVGGNQUDQTPGU[FGNEQPGEVQT
: GPGUVGOQFQGNVTCPUFWEVQTFGRTGUKÉP
26 
UKGORTGFGVGEVCNCRTGUKÉPFGUCNKFCNQSWGRTQXQECNCECTIC[FGUECTICFGNEQORTGUQTCNCU
RTGUKQPGURTQITCOCFCUGPGNTGIWNCFQTGNGEVTÉPKEQ5KNQUDQTPGU[FGNEQPGEVQT
: PQ
GUV±PRWGPVGCFQUGNEQORTGUQTRCUCCGUVCTHWGTCFGNHWPEKQPCOKGPVQCWVQO±VKEQFGECTIC
FGUECTIC[UKIWGHWPEKQPCPFQGPFGUECTIC%QPUWNVGNCUGEEKÉP5KUVGOCGN¾EVTKEQRCTCNQECNK\CTGN
EQPGEVQT
2CTCECTICFGUECTICCFKUVCPEKC
RQTOGFKQFGRTGUQUVCVQGZVGTPQ 
Ő 2WGPVGGNQUDQTPGU[FGNEQPGEVQT
: [EQPGEVGWPKPVGTTWRVQTFGECTICFGUECTICGPVTGNQU
DQTPGU[FGFKEJQEQPGEVQT
: 'UVQRTQXQECNCECTIC[FGUECTICFGNEQORTGUQTCNCU
RTGUKQPGUFGEKGTTG[CRGTVWTCTGURGEVKXCOGPVGFGNRTGUQUVCVQGZVGTPQ
Ő %QPVTQN.#0'NEQORTGUQTXCEQPVTQNCFQOGFKCPVGWPCTGFFG±TGCNQECN%QPUWNVGC#VNCU%QREQ

 #TTCPSWGKPKEKCN

5GIWTKFCF

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

2TQEGFKOKGPVQ

2CTCEQPQEGTNCWDKECEKÉPFGNCX±NXWNCFGUCNKFCFGCKTG[NCUEQPGZKQPGUFGFTGPCLG
EQPUWNVGNCUUGEEKQPGU+PVTQFWEEKÉP[5KUVGOCFGEQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

(KLCEKQPGUFGVTCPURQTVGFGNTGEGRVQTFGCKTGFG)# C)#

(KLCEKQPGUFGVTCPURQTVGFGNOQVQT[ECLCFGGPITCPCLGUFG)# C)#


/CPWCNFGKPUVTWEEKQPGU

%WDÃEWNQGN¾EVTKEQFG)# C)#GLGORNQVÃRKEQ

 %QPUWNVGNCUUGEEKQPGU6COCÇQFGECDNGUGN¾EVTKEQU2TQRWGUVCFGKPUVCNCEKÉP[&KDWLQUFG
FKOGPUKQPGU
 *C[SWGSWKVCTNQUHKLCFQTGUFGVTCPURQTVGRKPVCFQUFGTQLQUKIWKGPVGU
Ő 2GTPQU

Ő %CUSWKNNQU

 %QORTWGDGSWGGUV±PJGEJCUNCUEQPGZKQPGUGN¾EVTKECUEQPHQTOGCNQUEÉFKIQUNQECNGU[SWG
VQFQUNQUECDNGUGUV±PDKGPUWLGVQUCUWUDQTPGU
'NGSWKRQFGDGRQPGTUGCVKGTTC[RTQVGIGTUGFGEQTVQEKTEWKVQURQTOGFKQFGHWUKDNGUFGVKRQ
KPGTVGGPVQFCUNCUHCUGU&GDGKPUVCNCTUGWPKPVGTTWRVQTUGRCTCFQTEGTECFGNEQORTGUQT
 %QORTWGDGSWGGNVTCPUHQTOCFQT
6 GUV±DKGPEQPGEVCFQ
%QORTWGDGGNCLWUVGFGNTGN¾FGUQDTGECTICFGNOQVQTFGCEEKQPCOKGPVQ
( 
%QORTWGDGSWGGNTGN¾FGUQDTGECTICXCCLWUVCFQRCTCTGCTOGOCPWCN
 'PEQORTGUQTGUTGHTKIGTCFQURQTCKTGEQORTWGDGGNCLWUVGFGNFKU[WPVQT
3 %QORTWGDG
VCODK¾PSWGGNKPVGTTWRVQTGPGNFKU[WPVQTUGJCNNCGPNCRQUKEKÉP+
 +PUVCNGNCX±NXWNCFGUCNKFCFGCKTG
#8 EQPUWNVGNCUGEEKÉP+PVTQFWEEKÉPRCTCEQPQEGTNC
WDKECEKÉPFGNCX±NXWNC
%KGTTGNCX±NXWNC
%QPGEVGNCTGFFGCKTGCNCX±NXWNC
'PEQORTGUQTGUGSWKRCFQUEQPWPCFGTKXCEKÉPFGUGECFQTKPUVCNGNCX±NXWNCFGUCNKFCFGCKTGGP
GNVWDQFGFGTKXCEKÉPFGNUGECFQT


/CPWCNFGKPUVTWEEKQPGU

 %QPGEVGNCUUCNKFCUFGFTGPCLGFGNEQPFGPUCFQCWPEQNGEVQTFGFTGPCLG
%QPUWNVGNCUGEEKÉP5KUVGOCFGEQPFGPUCFQ
 .QUVWDQUFGFTGPCLGCNEQNGEVQTPQFGDGPGPVTCTGPEQPVCEVQEQPGNCIWC5KNCUVWDGTÃCUUGJCP
KPUVCNCFQGPGNGZVGTKQTFGNCUCNCFQPFGRWGFCPSWGFCTGZRWGUVCUCJGNCFCUFGDGPCKUNCTUG
2CTCUCECTCIWCEQPFGPUCFCRWTCJC[SWGKPUVCNCTWPUGRCTCFQTFGCEGKVGCIWCFGXGPVCEQOQ
QREKÉPGP#VNCU%QREQ%QPUWNVGNCUGEEKÉP7PKFCF15&
 2CTCEQORTGUQTGUEQPWPCEQPGZKÉPFGHKNVTQ&&Q&&[2&FTGPCLGCWVQO±VKEQFGNQUHKNVTQUCN
EQNGEVQTFGFTGPCLGCFGEWCFQ
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCGNENKGPVGFGDGKPUVCNCTGPNCVWDGTÃCFGCIWCFG
TGHTKIGTCEKÉPX±NXWNCUFGFTGPCLGX±NXWNCUFGEKGTTG[WPCX±NXWNCFGTGIWNCEKÉP
 %QORTWGDGGNPKXGNFGCEGKVG8¾CUGNCUGEEKÉP%CODKQFGCEGKVG[HKNVTQUFGCEGKVG
 2TQX¾CUGFGCFJGUKXQUSWGCXKUGPCNQRGTCFQTFGSWG
Ő 'URQUKDNGSWGGNEQORTGUQTXWGNXCCCTTCPECTCWVQO±VKECOGPVGFGURW¾UFGKPVGTTWREKÉPFGN
XQNVCLG
UKGUV±CEVKXCFQEQPUWNVGC#VNCU%QREQ 
Ő 'NEQORTGUQTXCEQPVTQNCFQCWVQO±VKECOGPVG[RWGFGSWGCTTCPSWGGPEWCNSWKGTOQOGPVQ
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCEKGTTGNCUX±NXWNCUFGFTGPCLGFGCIWCFGTGHTKIGTCEKÉP
#DTCNCX±NXWNCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP[NCX±NXWNCFGTGIWNCEKÉP
 %QPGEVGGNXQNVCLG#TTCPSWGGNEQORTGUQT[R±TGNQCNKPUVCPVG%QORTWGDGNCFKTGEEKÉPFG
TQVCEKÉPFGNOQVQTFGCEEKQPCOKGPVQ
/ EWCPFQIKTCRQTKPGTEKCJCUVCRCTCT.CFKTGEEKÉPFG
TQVCEKÉPEQTTGEVCFGNOQVQTFGCEEKQPCOKGPVQNCKPFKECWPCHNGEJCGPNCECTECUCFGNXGPVKNCFQTFGN
OQVQT
'PEQORTGUQTGUTGHTKIGTCFQURQTCKTGEQORTWGDGVCODK¾PNCFKTGEEKÉPFGTQVCEKÉPFGNOQVQTFGN
XGPVKNCFQT5GKPENW[GPWPCUHNGEJCUFGTQVCEKÉPXKUKDNGUCVTCX¾UFGNCTGLKNNCGPGNVGEJQGPNC
RNCECFGDCLQFGNXGPVKNCFQTSWGKPFKECPNCFKTGEEKÉPFGTQVCEKÉPEQTTGEVCFGNOQVQTFGNOKUOQ
5KNCFKTGEEKÉPFGTQVCEKÉPFGNOQVQTFGCEEKQPCOKGPVQGUKPEQTTGEVCCDTCGNKPVGTTWRVQT
UGRCTCFQTGKPXKGTVCFQUNÃPGCUGN¾EVTKECUFGGPVTCFC
5KNCFKTGEEKÉPFGTQVCEKÉPGUKPEQTTGEVCCDTCGNKPVGTTWRVQTUGRCTCFQTGKPXKGTVCFQUEQPGZKQPGU
GN¾EVTKECUFGGPVTCFCGPNQUDQTPGUFGNFKU[WPVQT
3 
7PCFKTGEEKÉPFGTQVCEKÉPKPEQTTGEVCFGNOQVQTFGCEEKQPCOKGPVQRWGFGECWUCTFCÇQUCN
EQORTGUQT
 'PEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++EQORTWGDGNQUCLWUVGU
RTQITCOCFQU%QPUWNVGNCUGEEKÉP#LWUVGURTQITCOCDNGU
 2QPICGNEQORTGUQTGPOCTEJC[FGLGSWGHWPEKQPGFWTCPVGCNIWPQUOKPWVQU%QORTWGDGSWGGN
EQORTGUQTHWPEKQPCEQPPQTOCNKFCF

 #PVGUFGCTTCPECT

1DUGTXCEKQPGU

Ő 5KGNEQORTGUQTPQUGJCWVKNK\CFQFWTCPVGNQUÐNVKOQUOGUGUUGTGEQOKGPFC
GPECTGEKFCOGPVGSWGUGOGLQTGNCNWDTKECEKÉPFGNGNGOGPVQEQORTGUQTCN
CTTCPECT&GUEQPGEVGNCOCPIWGTCFGGPVTCFCGZVTCKICGNFGUECTICFQT
7# [
XKGTVCN
75ICN+ORICN FGCEGKVGGPGNGNGOGPVQEQORTGUQT
8WGNXCCKPUVCNCTGNFGUECTICFQT[EQPGEVCTNCOCPIWGTCFGGPVTCFC%QORTWGDG
SWGVQFCUNCUEQPGZKQPGUGUV±PDKGPUWLGVCFCU
Ő 'PEQORTGUQTGU(WNN(GCVWTGEQPGEVGGNXQNVCLGJQTCUCPVGUFGCTTCPECTCHKPFG
GPGTIK\CTGNECNGPVCFQTFGE±TVGTFGNEQORTGUQTFGTGHTKIGTCPVGFGNUGECFQT


/CPWCNFGKPUVTWEEKQPGU

2TQEGFKOKGPVQ

7DKECEKÉPFGNFGUECTICFQTFG)# C)#

 %QPUWNVGNCUGEEKÉP#TTCPSWGKPKEKCNRCTCEQPQEGTNCWDKECEKÉPFGNQUEQORQPGPVGUFGNUKUVGOC
FGCEGKVG
%QORTWGDGGNPKXGNFGCEGKVG
)N [CÇCFCUKGURTGEKUQ.CCIWLCFGDGGPEQPVTCTUGGPGNECORQ
UWRGTKQTFGNC\QPCXGTFGQGPNC\QPCCPCTCPLCFC5KNCCIWLCUGGPEWGPVTCGPNC\QPC.19

$#,1 FGURTGUWTKEGGNUKUVGOCFGCEGKVG
EQPUWNVGNCUGEEKÉP5QNWEKÉPFGRTQDNGOCU 'URGTG
JCUVCSWGGUV¾FGURTGUWTK\CFQGNEQORTGUQT#HNQLGGNVCRÉPFGNNGPCFQFGCEGKVG
(% 
FGUCVQTPKNNCPFQUÉNQEQPWPCXWGNVCRCTCSWGGUECRGNCRTGUKÉPSWGRQFTÃCJCDGTUGCEWOWNCFQGP
GNUKUVGOC'ZVTCKICGNVCRÉPFGNNGPCFQ[CÇCFCCEGKVGJCUVCSWGGNPKXGNCNECPEGGNEWGNNQFG
NNGPCFQ#RTKGVGGNVCRÉP
 5KGURTGEKUQXCEÃGGNEQNGEVQTFGRQNXQFGNHKNVTQEQPUWNVGNCUGEEKÉP(KNVTQFGCKTG
 5KNCRCTVGTQLCFGNKPFKECFQTFGUGTXKEKQFGHKNVTQFGCKTGGUV±EQORNGVCOGPVGHWGTCTGGORNCEGGN
GNGOGPVQFGNHKNVTQFGCKTG4GRQUKEKQPGGNKPFKECFQTFGUGTXKEKQ
8+ CRTGVCPFQGNDQVÉPGPGN
GZVTGOQFGNEWGTRQ[TGCTOGGNCXKUQFGUGTXKEKQ
'PEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++X¾CUGNCUGEEKÉP/GPÐ5GTXKEKQ
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCVCODK¾P
Ő %QORTWGDGSWGGUV±PEGTTCFCUNCUX±NXWNCUFGFTGPCLGFGNCIWCFGTGHTKIGTCEKÉPGPNCU
VWDGTÃCUFGGPVTCFC[UCNKFC
Ő #DTCNCX±NXWNCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP
Ő #DTCNCX±NXWNCFGTGIWNCEKÉPFGNHNWLQFGCIWC5GRWGFGQOKVKTGUVGRWPVQUKPQUGJC
RGTVWTDCFQGNCLWUVGFGFKEJCX±NXWNCFGURW¾UFGQRGTCEKÉPRTGXKC

 #TTCPSWG

2TQEGFKOKGPVQ

2CTCEQPQEGTNCRQUKEKÉPFGNCX±NXWNCFGUCNKFCFGCKTG[NCUEQPGZKQPGUFGFTGPCLG
EQPUWNVGNCUUGEEKQPGU+PVTQFWEEKÉP[5KUVGOCFGEQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

2CPGNFGEQPVTQNFG'NGMVTQPKMQP++

2CUQ #EEKÉP
 %QPGEVGGNXQNVCLG%QORTWGDGSWGUGGPEKGPFGGN.'&FGXQNVCLGEQPGEVCFQ
 
 #DTCNCX±NXWNCFGUCNKFCFGCKTG
 2WNUGGNDQVÉPFGCTTCPSWG
 FGNRCPGNFGEQPVTQN'NEQORTGUQTUGRQPGGPOCTEJC[GN.'&
FGHWPEKQPCOKGPVQCWVQO±VKEQ
 UGGPEKGPFG&KG\UGIWPFQUFGURW¾UFGCTTCPECTGNOQVQTFG
CEEKQPCOKGPVQEQPOWVCFGGUVTGNNCCVTK±PIWNQ[GNEQORTGUQTGORKG\CCHWPEKQPCTGPECTIC
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCTGIWNGGNHNWLQFGCIWCFGTGHTKIGTCEKÉPFWTCPVGOCTEJC
ECTICFCCHKPFGQDVGPGTNCVGORGTCVWTCO±UCRTQRKCFCGPNCUCNKFCFGNGNGOGPVQEQORTGUQT
GUVQGUGPVTG[u%
[u( UQDTGNCVGORGTCVWTCEQTTGURQPFKGPVGFGNCHKIWTCUKIWKGPVG
2CTCNQITCTWPHWPEKQPCOKGPVQÉRVKOQNCVGORGTCVWTCFGUCNKFCFGNCIWCFGTGHTKIGTCEKÉPPQ
FGDGT±UQDTGRCUCTPWPECGNXCNQTGURGEKHKECFQGPNCUGEEKÉP&CVQUFGNEQORTGUQT%QPUWNVGC
#VNCU%QREQUKUGHQTOCTCEQPFGPUCFQFWTCPVGRGTKQFQUFGFGUECTICHTGEWGPVGU


/CPWCNFGKPUVTWEEKQPGU

6GORGTCVWTCOÃPKOCFGNGNGOGPVQEQORTGUQTRCTCWPKFCFGUTGHTKIGTCFCURQTCIWC

Ő
# VGORGTCVWTCFGGPVTCFCFGCKTG
Ő
$ VGORGTCVWTCFGEQPFGPUCEKÉP
Ő
% RTGUKÉPFGVTCDCLQ
Ő
& JWOGFCFTGNCVKXCFGCKTG
'LGORNQUKUGVTCDCLCCWPCRTGUKÉPFGDCT
G 
RUKI GPWPCVGORGTCVWTCCODKGPVGFGu%

u( [WPCJWOGFCFTGNCVKXCFGNCKTGFGWPNCVGORGTCVWTCOÃPKOCRCTCKORGFKTSWGUGHQTOG
EQPFGPUCFQGUFGu%
u( *C[SWGTGIWNCTGNHNWLQFGCIWCFGTGHTKIGTCEKÉPFWTCPVGGN
HWPEKQPCOKGPVQGPECTICRCTCNQITCTWPCVGORGTCVWTCGPVTGu%[CRTQZ%
[CRTQZu( 
GPNCUCNKFCFGNGNGOGPVQEQORTGUQT

 &WTCPVGGNHWPEKQPCOKGPVQ

2TQEGFKOKGPVQ

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU%QPUWNVG
VCODK¾PNCUGEEKÉP5QNWEKÉPFGRTQDNGOCU

/CPVGPICNCURWGTVCUEGTTCFCUFWTCPVGGNHWPEKQPCOKGPVQRWGFGCDTKTNCUÐPKECOGPVG
RQTDTGXGURGTÃQFQURCTCNNGXCTCECDQEQORTQDCEKQPGU

5KNQUOQVQTGUGUV±PFGVGPKFQU[GN.'&
 GPEGPFKFQNQUOQVQTGURQFTÃCPRQPGTUGGP
OCTEJCCWVQO±VKECOGPVG


/CPWCNFGKPUVTWEEKQPGU

2CPGNFGEQPVTQN'NGMVTQPKMQP++

7DKECEKÉPFGNCOKTKNNCFGPKXGNFGCEGKVGFG)# C)#


/CPWCNFGKPUVTWEEKQPGU

2QUKEKÉPFGNKPFKECFQTFGUGTXKEKQFG)# C)#

%QORTWGDGGNPKXGNFGCEGKVGFWTCPVGGNHWPEKQPCOKGPVQGPECTICNCCIWLCFGNOCPÉOGVTQFGPKXGN
)N 
FGDGJCNNCTUGGPNC\QPCXGTFGUKPQGUCUÃRWNUGGNDQVÉPFGRCTCFC
 
%KGTTGNCX±NXWNCFGUCNKFCFGCKTG[RWNUGGNDQVÉPFGRTWGDCSWGUGGPEWGPVTCUQDTGNQUFKURQUKVKXQU
GNGEVTÉPKEQUFGFTGPCLGFGCIWC
UGRTQRQTEKQPCPFQUGPNQUEQORTGUQTGU(WNN(GCVWTG JCUVCSWGGN
UKUVGOCFGCKTGSWGUGGPEWGPVTCGPVTGGNTGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾EQORNGVCOGPVG
FGURTGUWTK\CFQ8GCNCUGEEKÉP+PVTQFWEEKÉP[NCUGEEKÉP5KUVGOCFGEQPFGPUCFQRCTCNCWDKECEKÉPFGNC
X±NXWNCFGUCNKFC[FGNFTGPCLGFGNCIWC
2WNUGGNDQVÉPFGRCTCFCFGGOGTIGPEKC
 
'URGTGJCUVCSWGUGJC[CFGURTGUWTK\CFQGNEQORTGUQT#HNQLGGNVCRÉPFGNNGPCFQFGCEGKVG
(% 
FGUCVQTPKNNCPFQEQPWPCXWGNVCRCTCSWGGUECRGNCRTGUKÉPSWGRQFTÃCJCDGTUGCEWOWNCFQGPGNUKUVGOC
'URGTGWPQUEWCPVQUOKPWVQU'ZVTCKICGNVCRÉP[CÇCFCCEGKVGJCUVCSWGGNPKXGNCNECPEGNCCDGTVWTCFGN
VCRÉPFGNNGPCFQ+PUVCNG[CRTKGVGGNVCRÉP
(% 
5KNCRCTVGEQNQTGCFCFGNKPFKECFQTFGUGTXKEKQ
8+ GUV±EQORNGVCOGPVGHWGTCTGGORNCEGGNGNGOGPVQFGN
HKNVTQFGCKTG4GRQUKEKQPGGNKPFKECFQTFGUGTXKEKQCRTGVCPFQGNDQVÉPGPGNGZVTGOQFGNEWGTRQ
5KGUV±GPEGPFKFQGN.'&FGHWPEKQPCOKGPVQCWVQO±VKEQ
 GNTGIWNCFQTIQDKGTPCGNEQORTGUQT
CWVQO±VKECOGPVGGUFGEKTECTICTFGUECTICTRCTCTNQUOQVQTGU[XQNXGTCCTTCPECT
%QORTWGDGSWGUGFGUECTICEQPFGPUCFQFWTCPVGGNHWPEKQPCOKGPVQCKPVGTXCNQUTGIWNCTGU%QPUWNVGNC
UGEEKÉP5KUVGOCFGEQPFGPUCFQ[GPECUQFGWP15&EQORTWGDGVCODK¾PGNPKXGNFGNEQNGEVQTFG
CEGKVGEQPUWNVGNCUGEEKÉP+PUVTWEEKQPGUFGOCPVGPKOKGPVQ[HWPEKQPCOKGPVQFG15&.CECPVKFCFFG
EQPFGPUCFQFGRGPFGFGNCUEQPFKEKQPGUFGVTCDCLQ[NCUEQPFKEKQPGUOGFKQCODKGPVCNGU


/CPWCNFGKPUVTWEEKQPGU

 %QORTQDCTGNFKURNC[

2TQEGFKOKGPVQ

2CPGNFGEQPVTQN'NGMVTQPKMQP++

'PEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++EQORTWGDGGNFKURNC[
 TGIWNCTOGPVGRCTC
XGTUKJC[CXKUQUQOGPUCLGU0QTOCNOGPVGGNFKURNC[OWGUVTCNCRTGUKÉPFGUCNKFCFGNEQORTGUQTNC
UKVWCEKÉPFGNEQORTGUQT[NCUCDTGXKCVWTCUFGNCUHWPEKQPGUFGNCUVGENCUFGDCLQFGNFKURNC[*CICNCU
IGUVKQPGUPGEGUCTKCUUKGUV±GPEGPFKFQQRCTRCFGCGN.'&FGCNCTOC
 X¾CUGNCUGEEKÉP/GPÐ&CVQUFG
GUVCFQ
'PGNFKURNC[
 CRCTGEGT±WPCPQVKEKCFGUGTXKEKQUKUGJCGZEGFKFQWPKPVGTXCNQFGNRNCPFGUGTXKEKQQGN
PKXGNFGUGTXKEKQFGWPQFGNQUEQORQPGPVGUOQPKVQTK\CFQU.NGXGCECDQNCUCEEKQPGUFGUGTXKEKQFGNQU
RNCPGUKPFKECFQUQTGGORNCEGGNEQORQPGPVG[TGUVCDNG\ECGNVGORQTK\CFQTGPEWGUVKÉPX¾CUGNCUGEEKÉP
/GPÐ&CVQUFGGUVCFQ

 2CTCFC

4GIWNCFQT'NGMVTQPKMQP

2CPGNFGEQPVTQNFG'NGMVTQPKMQP++


/CPWCNFGKPUVTWEEKQPGU

2TQEGFKOKGPVQ

2CUQ #EEKÉP
 2WNUGGNDQVÉPFGRCTCFC
 'N.'&FGHWPEKQPCOKGPVQCWVQO±VKEQ
 UGCRCIC[GN
EQORTGUQTUGFGVKGPGVTCPUEWTTKFQUUGIWPFQUFGHWPEKQPCOKGPVQUKPECTIC
 2CTCRCTCTGNEQORTGUQTGPECUQFGGOGTIGPEKCRWNUGGNDQVÉPFGRCTCFCFG
GOGTIGPEKC
 'N.'&FGCNCTOC
 RCTRCFGC
'PEQORTGUQTGUEQP'NGMVTQPKMQP++FGURW¾UFGUQNWEKQPCTNCCXGTÃCVKTGFGNDQVÉP
RCTCFGUDNQSWGCTNQ[RWNUGNCVGENC 4GCT 
 CPVGUFGTGCTTCPECT
 %KGTTGNCX±NXWNCFGUCNKFCFGCKTG
#8 EQPUWNVGNCUGEEKÉP+PVTQFWEEKÉP 
 2WNUGGNDQVÉPFGRTWGDCUQDTGNQUFKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGCIWC
JCUVCSWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾
EQORNGVCOGPVGFGURTGUWTK\CFQ%QPUWNVGNCUGEEKÉP5KUVGOCFGEQPFGPUCFQ
&GUEQPGEVGGNXQNVCLG
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
Ő %KGTTGNCX±NXWNCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP
Ő 5KUGRTGX¾PVGORGTCVWTCUFGEQPIGNCEKÉPJC[SWGXCEKCTEQORNGVCOGPVGGN
UKUVGOCFGTGHTKIGTCEKÉP

 2WGUVCHWGTCFGUGTXKEKQ

#XKUQ

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

2TQEGFKOKGPVQ

2CUQ #EEKÉP
 2CTGGNEQORTGUQT[EKGTTGNCX±NXWNCFGUCNKFCFGCKTG
 2WNUGGNDQVÉPFGRTWGDCUQDTGNQUFKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGCIWC
JCUVCSWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾
EQORNGVCOGPVGFGURTGUWTK\CFQ%QPUWNVGNCUGEEKÉP5KUVGOCFGEQPFGPUCFQRCTC
NQECNK\CTNCX±NXWNCFGFTGPCLG
 &GUEQPGEVGGNXQNVCLG[UGRCTGGNEQORTGUQTFGNCTGFOCVTK\
 FGUCVQTPKNNGGNVCRÉPFGNNGPCFQFGCEGKVGWPCUQNCXWGNVCPQO±UCHKPFGRGTOKVKT
SWGGUECRGNCRTGUKÉPGXGPVWCNFGNUKUVGOC
%QPUWNVGNCUGEEKÉP%CODKQFGCEGKVG[HKNVTQUFGCEGKVGRCTCNQECNK\CTGNVCRÉPFG
NNGPCFQ
 %KGTTG[FGURTGUWTKEGNCRCTVGFGNCTGFFGCKTGEQPGEVCFCCNCX±NXWNCFGUCNKFC
5GRCTGGNVWDQFGUCNKFCFGCKTGFGNEQORTGUQTFGNCTGFFGCKTG
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
Ő #ÃUNG[UGRCTGGNUKUVGOCFGCIWCFGNCTGFFGCIWCFGTGHTKIGTCEKÉP
Ő 5CSWGGNCEGKVGFGNEKTEWKVQ
 8CEÃGGNCEGKVG
 8CEÃGGNEKTEWKVQFGEQPFGPUCFQ[FGUEQPGEVGNQUVWDQUFGEQPFGPUCFQFGNCTGFFG
EQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

 /CPVGPKOKGPVQ

 2TQITCOCFGOCPVGPKOKGPVQRTGXGPVKXQ

2CPGNFGEQPVTQN

2CPGNFGEQPVTQN'NGMVTQPKMQP++

#XKUQ

#PVGUFGNNGXCTCECDQEWCNSWKGTQRGTCEKÉPFGOCPVGPKOKGPVQTGRCTCEKÉPQCLWUVG
RTQEGFCFGNCUKIWKGPVGOCPGTC
Ő 2CTGGNEQORTGUQT
Ő %KGTTGNCX±NXWNCFGUCNKFCFGCKTG[RWNUGGNDQVÉPFGRTWGDCUQDTGNQU
FKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGCIWCJCUVCSWGGNUKUVGOCFGCKTGGPVTGGN
TGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾EQORNGVCOGPVGFGURTGUWTK\CFQ
Ő 2WNUGGNDQVÉPFGRCTCFCFGGOGTIGPEKC
 
Ő &GUEQPGEVGGNXQNVCLG
Ő &GURTGUWTKEGGNEQORTGUQT
2CTCQDVGPGTKPUVTWEEKQPGUFGVCNNCFCUEQPUWNVG5QNWEKÉPFGRTQDNGOCU
'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

)CTCPVÃC[TGURQPUCDKNKFCFFGNRTQFWEVQ
7VKNKEGÐPKECOGPVGRKG\CUCWVQTK\CFCU%WCNSWKGTFCÇQQCXGTÃCTGUWNVCPVGFGNWUQFGRKG\CUPQ
CWVQTK\CFCUPQGUV±EWDKGTVQRQTNC)CTCPVÃCPKRQTNC4GURQPUCDKNKFCFFGN2TQFWEVQ

,WGIQUFGUGTXKEKQ
UGTXKEGMKVU
5GGPEWGPVTCPFKURQPKDNGU UGTXKEGMKVU RCTCTGXKUKQPGUQOCPVGPKOKGPVQRTGXGPVKXQ
X¾CUGNC
UGEEKÉP,WGIQUFGUGTXKEKQ
UGTXKEGMKVU  

%QPVTCVQUFGUGTXKEKQ
#VNCU%QREQQHTGEGXCTKQUVKRQUFGEQPVTCVQUFGUGTXKEKQGXKV±PFQNGCUÃEWCNSWKGTVTCDCLQFG
OCPVGPKOKGPVQRTGXGPVKXQ%QPUWNVGCN%GPVTQFG5GTXKEKQC%NKGPVGUFG#VNCU%QREQ


/CPWCNFGKPUVTWEEKQPGU

)GPGTCNKFCFGU
#NTGXKUCTECODKGVQFCUNCULWPVCULWPVCUVÉTKECU[CTCPFGNCUFGUOQPVCFCU

+PVGTXCNQU
'N%GPVTQFG5GTXKEKQC%NKGPVGUFG#VNCU%QREQNQECNRWGFGQDXKCTGNRTQITCOCFGOCPVGPKOKGPVQ
GURGEKCNOGPVGGPNQSWGUGTGHKGTGCNQUKPVGTXCNQUFGUGTXKEKQGPHWPEKÉPFGNCUEQPFKEKQPGUCODKGPVCNGU
[FGVTCDCLQFGNEQORTGUQT
.CUEQORTQDCEKQPGUFGNQUKPVGTXCNQUNCTIQUFGDGPVCODK¾PKPENWKTNCUFGNQUKPVGTXCNQUEQTVQU

2NCPGUFGUGTXKEKQRCTCEQORTGUQTGUEQPTGIWNCFQT'NGMVTQPKMQP++

#FGO±UFGNCUEQORTQDCEKQPGUFKCTKCU[VTKOGUVTCNGUNCUQRGTCEKQPGUFGUGTXKEKQUG
CITWRCPGPRNCPGUNNCOCFQU2NCPGUFG5GTXKEKQ#$GVEEQOQUGGURGEKHKECGPGN
RTQITCOCUKIWKGPVG
%CFCRNCPVKGPGWPKPVGTXCNQFGVKGORQRTQITCOCFQCNSWGFGDGPNNGXCTUGCECDQVQFCU
NCUCEEKQPGUFGUGTXKEKQRGTVGPGEKGPVGUCFKEJQRNCP#NCNECP\CTGNKPVGTXCNQCRCTGEGT±
WPOGPUCLGGPNCRCPVCNNCSWGKPFKECSW¾2NCPGUFGUGTXKEKQFGDGPTGCNK\CTUGEQPUWNVG
NCUGEEKÉP/GPÐ&CVQUFGGUVCFQ*C[SWGTGCTOCTNQUKPVGTXCNQUFGURW¾UFGNUGTXKEKQ
EQPUWNVGNCUGEEKÉP/GPÐ5GTXKEKQ

2TQITCOCFGOCPVGPKOKGPVQRTGXGPVKXQ
)GPGTCNKFCFGU

2GTÃQFQ 1RGTCEKÉP
&KCTKQ %QORTWGDGGNPKXGNFGNCEGKVG
 %QORTWGDGNCUKPFKECEKQPGUGPGNFKURNC[
 %QORTWGDGGNKPFKECFQTFGUGTXKEKQFGNHKNVTQFGCKTG
 'PWPKFCFGUTGHTKIGTCFCURQTCIWCEQORTWGDGGNHNWLQFGCIWCFGTGHTKIGTCEKÉP
%CFCOGUGU %QORTWGDGNQUTGHTKIGTCFQTGUNÃORKGNQUGPECUQRTGEKUQ
 %QORTWGDGGNEQPFGPUCFQTFGNUGECFQT[NÃORKGNQUKGUPGEGUCTKQ
 'ZVTCKICGNGNGOGPVQHKNVTCPVGFGCKTG.KORKCTEQPEJQTTQFGCKTG[TGXKUCT
/±UCOGPWFQUKUGVTCDCLCGPWPCODKGPVGRQNXQTKGPVQ
4GGORNCEGGNGOGPVQUFCÇCFQUQOW[EQPVCOKPCFQU
 %QORTWGDGSWGUGFGUECTICEQPFGPUCFQCNRWNUCTGNDQVÉPFGRTWGDCUQDTGNQU
FKURQUKVKXQUGNGEVTÉPKEQUFGFTGPCLGFGCIWC

*QTCUFG 2NCPFGUGTXKEKQ 1RGTCEKÉP


HWPEKQPCOKGPVQ
  5KUGWVKNK\C#VNCU%QREQ4QVQ(QQFITCFG(NWKFECODKGGNCEGKVG[
TGGORNCEGGNHKNVTQFGCEGKVG
 # 5KUGWVKNK\C#VNCU%QREQ4QVQKPLGEV(NWKFECODKGGNCEGKVG[
TGGORNCEGGNHKNVTQFGCEGKVG
 $ 4GGORNCEGGNGNGOGPVQHKNVTCPVGFGCKTG
 $ %QORTWGDGNCUNGEVWTCUFGRTGUKÉP[VGORGTCVWTC
 $ .NGXGCECDQWPCRTWGDCFGNQU.'&FKURNC[
 $ %QORTWGDGRQTUKJC[HWICUFGCKTGQCEGKVG


/CPWCNFGKPUVTWEEKQPGU

*QTCUFG 2NCPFGUGTXKEKQ 1RGTCEKÉP


HWPEKQPCOKGPVQ
 $ 'PWPKFCFGUTGHTKIGTCFCURQTCIWCEQORTWGDGUKGZKUVGPHWICUFG
CIWC
 $ .KORKGNQUTGHTKIGTCFQTGU
 $ .KORKGGNEQPFGPUCFQTFGNUGECFQT
 $ 2TWGDGNCHWPEKÉPFGRCTCFCFGVGORGTCVWTC
 $ 2TWGDGNCUX±NXWNCUFGUGIWTKFCF
 % 5KUGWVKNK\C#VNCU%QREQ4QVQ:VGPF&WV[(NWKFECODKGGNCEGKVG
[TGGORNCEGGNHKNVTQFGCEGKVG
 % 4GGORNCEGGNUGRCTCFQTFGCEGKVG
1UKNCECÃFCFGRTGUKÉPUQDTGGNUGRCTCFQTGZEGFGDCT

RUK %QORTWGDGNCECÃFCFGRTGUKÉPEQPGNEQORTGUQTVTCDCLCPFQ
GPECTIC[RTGHGTKDNGOGPVGEQPWPCRTGUKÉPFGVTCDCLQGUVCDNG

+ORQTVCPVG

Ő %QPUWNVGUKGORTGC#VNCU%QREQRCTCOQFKHKECTGNCLWUVGFGWPVGORQTK\CFQT
Ő 2CTCEQPQEGTGNKPVGTXCNQFGECODKQFGCEGKVG[HKNVTQFGCEGKVGGPEQPFKEKQPGU
GZVTGOCUFGVGORGTCVWTCJWOGFCFQCKTGFGTGHTKIGTCEKÉPEQPUWNVGC#VNCU
%QREQ
Ő &GDGTGRCTCTEWCNSWKGTHWICKPOGFKCVCOGPVG*C[SWGUWUVKVWKTVWDGTÃCUQLWPVCU
HNGZKDNGUFCÇCFCU

 /QVQTFGCEEKQPCOKGPVQ

&GUETKREKÉP
'NEQLKPGVGFGNNCFQUKPCEEKQPCOKGPVQGUV±GPITCUCFQFGRQTXKFC
'NEQLKPGVGFGNNCFQFGCEEKQPCOKGPVQGUV±NWDTKECFQRQTGNUKUVGOCFGCEGKVG

 'URGEKHKECEKQPGUFGNCEGKVG

0QOG\ENGPWPECCEGKVGUFGOCTECUQVKRQUFKHGTGPVGU
2CTCCUGIWTCTWPCDWGPCECNKFCFFGNCEGKVGFTGPGGNEQORTGUQTGPVQFQUNQURWPVQU
FGFTGPCLG.QUCEGKVGUWUCFQUSWGUGFGLCPGPGNEQORTGUQTRWGFGPEQPVCOKPCTGN
UKUVGOCFGCEGKVG

5GTGEQOKGPFCOW[GPECTGEKFCOGPVGWVKNK\CT#VNCU%QREQ(NWKF
EQPUWNVGNCUGEEKÉP2TQITCOCFG
OCPVGPKOKGPVQRTGXGPVKXQ 


/CPWCNFGKPUVTWEEKQPGU

#VNCU%QREQ4QVQ+PLGEV(NWKF
#EGKVGRCTCWPKFCFGU+'%[WPKFCFGU%5#7.EQPWPXQNVCLGFGOQVQTFG8
#VNCU%QREQ4QVQ+PLGEV(NWKFGUWPCEGKVGGURGEKCNRCTCEQORTGUQTGUFGGURKTCN[VQTPKNNQEQPKP[GEEKÉP
FGCEGKVGSWGOCPVKGPGGNEQORTGUQTGPGZEGNGPVGGUVCFQ4QVQ+PLGEV(NWKFRWGFGWVKNK\CTUGRCTC
EQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u( [u%
u( 

EQPUWNVGNCUGEEKÉP,WGIQUFGUGTXKEKQ 

#VNCU%QREQ4QVQ:VGPF&WV[(NWKF
#EGKVGRCTCWPKFCFGU%5#7.[,20GZEGRVQRCTCWPKFCFGUEQPWPXQNVCLGFGOQVQTFG8
#EGKVGGURGEKCNUWOKPKUVTCFQEQOQQREKÉPRCTCWPKFCFGU+'%[WPKFCFGU%5#7.EQPWPXQNVCLGFG
OQVQTFG8
#VNCU%QREQ4QVQ:VGPF&WV[(NWKFGUWPCEGKVGGURGEKCNRCTCEQORTGUQTGUFGGURKTCN[VQTPKNNQEQP
KP[GEEKÉPFGCEGKVGSWGOCPVKGPGGNEQORTGUQTGPGZEGNGPVGGUVCFQ#VNCU%QREQ4QVQ:VGPF&WV[(NWKF
RWGFGWVKNK\CTUGRCTCEQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u( [
u%
u( 
EQPUWNVGNCUGEEKÉP,WGIQUFGUGTXKEKQ 

#VNCU%QREQ4QVQ(QQFITCFG(NWKF
#EGKVGGURGEKCNUWOKPKUVTCFQEQOQQREKÉP
#VNCU%QREQ4QVQ(QQFITCFG(NWKFGUWPNWDTKECPVGUKPV¾VKEQFGCNVCECNKFCFGZENWUKXQETGCFQ
GURGEKCNOGPVGRCTCEQORTGUQTGUFGVQTPKNNQEQPKP[GEEKÉPFGCEGKVGSWGUWOKPKUVTCPCKTGRCTCNCKPFWUVTKC
FGCNKOGPVCEKÉP'UVGNWDTKECPVGOCPVKGPGGNEQORTGUQTGPRGTHGEVQGUVCFQ'NCEGKVG4QVQ(QQFITCFG
RWGFGWVKNK\CTUGRCTCEQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u( [
u%
u( 
EQPUWNVGNCUGEEKÉP,WGIQUFGUGTXKEKQ 

1DUGTXCEKÉP

'NFGRÉUKVQFGCKTGVCPSWGFGCEGKVGNNGXCWPCGVKSWGVCSWGKPFKECGNVKRQFGCEGKVG
NNGPCFQGPH±DTKEC

 %CODKQFGCEGKVG[HKNVTQUFGCEGKVG

#XKUQ

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU


/CPWCNFGKPUVTWEEKQPGU

2TQEGFKOKGPVQ

%QORQPGPVGUFGNUKUVGOCFGCEGKVGFG)# C)#

6CRÉPFGFTGPCLGFGCEGKVGGNGOGPVQEQORTGUQT


/CPWCNFGKPUVTWEEKQPGU

6CRÉPFGFTGPCLGFGCEGKVGECLCFGGPITCPCLGU

6CRÉPFGFTGPCLGFGCEGKVGTGHTKIGTCFQTFGCEGKVG


/CPWCNFGKPUVTWEEKQPGU

 *CICHWPEKQPCTGNEQORTGUQTJCUVCSWGUGECNKGPVG2CTGGNOQVQTFGURW¾UFGOKPWVQUFG
HWPEKQPCOKGPVQGPFGUECTIC%KGTTGNCX±NXWNCFGUCNKFCFGCKTG[FGUEQPGEVGGNXQNVCLG'URGTG
WPQUEWCPVQUOKPWVQU[FGURTGUWTKEGFGUCVQTPKNNCPFQGNVCRÉPFGTGNNGPQFGCEGKVG
(% PQ
O±USWGWPCUQNCXWGNVCRCTCRGTOKVKTSWGUGGUECRGEWCNSWKGTRTGUKÉPSWGRWFKGTCJCDGTGPGN
UKUVGOC
 #HNQLGGNVCRÉPFGXGPVKNCEKÉPFGNTGHTKIGTCFQTFGCEGKVG[GURGTGOKPWVQU%QPUWNVGNC
UGEEKÉP+PVTQFWEEKÉPRCTCEQPQEGTNCRQUKEKÉPFGNVCRÉPFGXGPVKNCEKÉP
82 
 'ZVTCKICGNVCRÉPFGFTGPCLG
&2 [CDTCNCX±NXWNCFGFTGPCLG
&O 
+IWCNOGPVGFTGPGGNCEGKVGSWKVCPFQGNVCRÉPFGFTGPCLG
Ő GPNCX±NXWNCFGTGVGPEKÉP
&2
Ő GPNCECLCFGGPITCPCLGU
&2
Ő GPGNTGHTKIGTCFQTFGCEGKVG
&2
 4GEQLCGNCEGKVGGPWPTGEKRKGPVG[GPVT¾IWGNQCNUGTXKEKQFGTGEQIKFCFGCEGKVG4GKPUVCNG[
CRTKGVGNQUVCRQPGUFGFTGPCLG[XGPVKNCEKÉPFGURW¾UFGNFTGPCLG
%KGTTGNCX±NXWNCFGFTGPCLG
&O 
 &GUCVQTPKNNGNQURGTPQUFGNCVCRC
 [GZVT±KICNC5CSWGGNGNGOGPVQFGNHKNVTQFGCKTGFGNC
ECLCFGNHKNVTQFGCEGKVG
1( +PUVCNGWPPWGXQHKNVTQFGCEGKVG.WDTKSWGEQPCEGKVGNCPWGXC
LWPVC+PUVCNGNCVCRC[CVQTPKNNGNQURGTPQU
 CNCECLCFGNHKNVTQFGCEGKVG
 'ZVTCKICGNVCRÉPFGNNGPCFQ
(% 
.NGPGGNFGRÉUKVQFGCKTG
#4 EQPCEGKVGJCUVCSWGGNPKXGNNNGIWGCNEWGNNQFGNNGPCFQ
%WKFGFGSWGPQECKICUWEKGFCFGPGNUKUVGOC4GKPUVCNG[CRTKGVGGNVCRÉPFGNNGPCFQ
(% 
 *CICHWPEKQPCTGNEQORTGUQTGPECTICWPQUOKPWVQU2CTGGNEQORTGUQT[GURGTGWPQU
OKPWVQUCHKPFGRGTOKVKTSWGUGTGRQUGGNCEGKVG
 &GURTGUWTKEGGNUKUVGOCFGUCVQTPKNNCPFQGNVCRÉPFGNNGPCFQ
(% WPCUQNCXWGNVCRCTCRGTOKVKT
SWGUGGUECRGNCRTGUKÉPSWGRWFKGTCJCDGTGPGNUKUVGOC'ZVTCKICGNVCRÉP
.NGPGGNFGRÉUKVQFGCKTGEQPCEGKVGJCUVCSWGGNPKXGNNNGIWGCNEWGNNQFGNNGPCFQ
#RTKGVGGNVCRÉPFGNNGPCFQ
 4GUVCDNG\ECGNVGORQTK\CFQTFGUGTXKEKQ
Ő 2CTCEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++FGURW¾UFGTGCNK\CTVQFCU
NCUCEEKQPGUFGUGTXKEKQGPGN2NCPFGUGTXKEKQEQTTGURQPFKGPVGTGCTOGGNCXKUQFG
UGTXKEKQEQPUWNVGNCUGEEKÉP/GPÐ5GTXKEKQ

 #NOCEGPCOKGPVQFGURW¾UFGNCKPUVCNCEKÉP

2TQEGFKOKGPVQ
2QPICGPOCTEJCGNEQORTGUQTRQTGLGORNQFQUXGEGUCNCUGOCPCJCUVCSWGUGECNKGPVG%CTIWG[
FGUECTIWGGNEQORTGUQTWPCUEWCPVCUXGEGU

5KGNEQORTGUQTUGXCCCNOCEGPCTUKPHWPEKQPCTFGXG\GPEWCPFQVQOGNCUOGFKFCU
FGRTQVGEEKÉPSWGEQTTGURQPFCP%QPUWNVGC#VNCU%QREQ


/CPWCNFGKPUVTWEEKQPGU

 ,WGIQUFGUGTXKEKQ
UGTXKEGMKVU

&GUETKREKÉP
5GGPEWGPVTCPFKURQPKDNGULWGIQUFGUGTXKEKQ
UGTXKEGMKVU SWGNGQHTGEGPNQUDGPGHKEKQUFGNCURCTVGU
QTKIKPCNGUFG#VNCU%QREQ[CNOKUOQVKGORQOCPVKGPGPDCLQUWRTGUWRWGUVQFGOCPVGPKOKGPVQ.QU
LWGIQUEQPVKGPGPVQFCUNCURKG\CUPGEGUCTKCURCTCGNUGTXKEKQ

5GTXKEGMKV RCTCHKNVTQUFGCEGKVG[HKNVTQUFGCKTG

5GTXKEGMKV RCTCHKNVTQUFGCEGKVG[HKNVTQUFGCKTG 0ÐOGTQFGRGFKFQ



)# C)#RCTCJQTCUFG 
HWPEKQPCOKGPVQ
)# C)#RCTCMKVEQPHKNVTQFGXKFC 
RTQNQPICFCRCTCJQTCUFGHWPEKQPCOKGPVQ

HKNVTQFGCEGKVGRCTCJQTCUFG
HWPEKQPCOKGPVQ[HKNVTQUFGCKTGRCTCJQTCU
FGHWPEKQPCOKGPVQ

5GTXKEGMKV RCTCUGRCTCFQTFGCEGKVG

5GTXKEGMKV RCTCUGRCTCFQTFGCEGKVG 0ÐOGTQFGRGFKFQ



)# C)# 

#VNCU%QREQ4QVQ+PLGEV(NWKF
%QPUWNVGVCODK¾PNCUGEEKÉP'URGEKHKECEKÉPFGCEGKVG

0ÐOGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 
.CVCFGNKVTQU
75ICN+ORICN 
$CTTKNFGNKVTQU
75ICN+ORICN 

#VNCU%QREQ4QVQ:VGPF&WV[(NWKF
%QPUWNVGVCODK¾PNCUGEEKÉP'URGEKHKECEKÉPFGCEGKVG

0ÐOGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 
.CVCFGNKVTQU
75ICN+ORICN 
$CTTKNFGNKVTQU
75ICN+ORICN 

#VNCU%QREQ4QVQ(QQFITCFG(NWKF
%QPUWNVGVCODK¾PNCUGEEKÉP'URGEKHKECEKÉPFGCEGKVG

0ÐOGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 
$CTTKNFGNKVTQU
75ICN+ORICN 


/CPWCNFGKPUVTWEEKQPGU

 #LWUVGU[RTQEGFKOKGPVQUFGUGTXKEKQ

 (KNVTQFGCKTG

7DKECEKÉPFGNHKNVTQFGCKTG

(KNVTQFGCKTG)# C)#

+PFKECFQTFGUGTXKEKQ)# C)#


/CPWCNFGKPUVTWEEKQPGU

4GEQOGPFCEKQPGU
 0QGZVTCKICPWPECGNGNGOGPVQEQPGNEQORTGUQTGPOCTEJC
 2CTCTGFWEKTCNOÃPKOQGNVKGORQFGRCTCFCFGNEQORTGUQTECODKGGNGNGOGPVQUWEKQRQTQVTQPWGXQ
 &GUGEJGEWCNSWKGTGNGOGPVQSWGGUV¾FCÇCFQ

2TQEGFKOKGPVQ
 2CTGGNEQORTGUQT&GUEQPGEVGGNXQNVCLG
 5WGNVGNCUCDTC\CFGTCUFGNHKNVTQFGCKTG
#( [GZVTCKICGNEQNGEVQTFGRQNXQ[GNGOGPVQHKNVTCPVGFG
CKTG.KORKGGNEQNGEVQT&GUGEJGGNGNGOGPVQHKNVTCPVG
 +PUVCNGGNPWGXQGNGOGPVQ[EQNGEVQT
 4GCTOGGNKPFKECFQTFGUGTXKEKQ
 CRTGVCPFQGNDQVÉPGPGNGZVTGOQFGNEWGTRQ
 4GCTOGGNCXKUQFGUGTXKEKQFGNHKNVTQFGCKTG
%QPUWNVGNCUGEEKÉP/GPÐ&CVQUFGGUVCFQRCTCTGCTOCTGNOGPUCLGFGUGTXKEKQGPTGIWNCFQTGU
'NGMVTQPKMQP++

 4GHTKIGTCFQTGU

.KORKG\C
/CPVGPICNKORKQUNQUTGHTKIGTCFQTGURCTCTGVGPGTNCGHKEKGPEKCFGTGHTKIGTCEKÉP
'PEQORTGUQTGUTGHTKIGTCFQURQTCKTG
Ő 2CTGGNEQORTGUQTEKGTTGNCX±NXWNCFGUCNKFCFGCKTG[FGUEQPGEVGGNXQNVCLG
Ő %WDTCVQFCUNCURKG\CUFGDCLQFGNQUTGHTKIGTCFQTGU
Ő 'ZVTCKICGNFGHNGEVQTNCVGTCNSWGEWDTGGNEQORCTVKOGPVQFGNXGPVKNCFQT
Ő 'ZVTCKICVQFQGNRQNXQFGNQUTGHTKIGTCFQTGUEQPWPEGRKNNQFGEGTFCU%GRKNNGGPNCFKTGEEKÉPFGNCU
CNGVCUFGGPHTKCOKGPVQ
'NKOKPGVCODK¾PVQFQGNRQNXQFGNXGPVKNCFQTEQPWPEGRKNNQFGHKDTCU
Ő 5GIWKFCOGPVGUQRNGEQPCKTGEQORTKOKFQGPUGPVKFQQRWGUVQCNHNWLQPQTOCN7VKNKEGCKTGFGDCLC
RTGUKÉP5KGUPGEGUCTKQUGRWGFGKPETGOGPVCTNCRTGUKÉPJCUVCDCT
G 
RUKI 
Ő 5KGURTGEKUQSWGUGNKORKGPNQUTGHTKIGTCFQTGUEQPC[WFCFGWPFGVGTIGPVGEQPUWNVGC#VNCU%QREQ
Ő 4GVKTGGNRCÇQSWGJCWVKNK\CFQFWTCPVGNCNKORKG\C
Ő %QNQSWGGNFGHNGEVQTNCVGTCNSWGEWDTGGNEQORCTVKOGPVQFGNXGPVKNCFQT
'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
Ő %QPUWNVGC#VNCU%QREQRCTCNCNKORKG\C


/CPWCNFGKPUVTWEEKQPGU

 8±NXWNCUFGUGIWTKFCF

2QUKEKÉPFGX±NXWNCFGUGIWTKFCF

)# C)#

#EEKQPCOKGPVQ
#EEKQPGNCX±NXWNCFGUGIWTKFCFFGUCVQTPKNNCPFQNCVCRCWPCQFQUXWGNVCU[CVQTPKNN±PFQNCFGPWGXQ

2TWGDC
#PVGUFGSWKVCTNCX±NXWNCFGUGIWTKFCFFGURTGUWTKEGGNEQORTGUQT
%QPUWNVGNCUGEEKÉP5QNWEKÉPFGRTQDNGOCU
.CX±NXWNC
58 RWGFGRTQDCTUGGPWPCNÃPGCFGCKTGEQORTKOKFQUGRCTCFC5KPQUGCDTGNCX±NXWNCCNC
RTGUKÉPGUVCORCFCGPNCOKUOCEQPUWNVGC#VNCU%QREQ

#XKUQ
0QUGRGTOKVGPKPIÐPCLWUVG0WPECFGLGHWPEKQPCTGNEQORTGUQTUKPNCX±NXWNCFGUGIWTKFCF


/CPWCNFGKPUVTWEEKQPGU

 5QNWEKÉPFGRTQDNGOCU

 5QNWEKÉPFGRTQDNGOCU

#XKUQ

#PVGUFGGORG\CTGNVTCDCLQFGOCPVGPKOKGPVQTGRCTCEKÉPQCLWUVGRWNUGGNDQVÉP
FGRCTCFCGURGTGJCUVCSWGUGRCTGGNEQORTGUQT
CRTQZUGIWPFQU [EKGTTGNC
X±NXWNCFGUCNKFCFGCKTG
2WNUGGNDQVÉPFGRTWGDCUQDTGGNFKURQUKVKXQGNGEVTÉPKEQFGFTGPCLGFGCIWCJCUVC
SWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCX±NXWNCFGUCNKFCGUV¾
EQORNGVCOGPVGFGURTGUWTK\CFQ
2WNUGGNDQVÉPFGRCTCFCFGGOGTIGPEKC[FGUEQPGEVGGNXQNVCLG
&GURTGUWTKEGGNEQORTGUQTCDTKGPFQGNVCRÉPFGNNGPCFQFGCEGKVGWPCXWGNVC
2CTCKPHQTOCTUGUQDTGGNGORNC\COKGPVQFGNQUEQORQPGPVGUEQPUWNVGNCU
UGEEKQPGU
Ő +PVTQFWEEKÉP
Ő 5KUVGOCFGEQPFGPUCFQ
Ő #TTCPSWGKPKEKCN
#DTC[DNQSWGGGNKPVGTTWRVQTUGRCTCFQT
.CX±NXWNCFGUCNKFCFGCKTGRWGFGUGTDNQSWGCFCFWTCPVGGNOCPVGPKOKGPVQQ
TGRCTCEKQPGUFGNCOCPGTCUKIWKGPVG
Ő %KGTTGNCX±NXWNC
Ő 'ZVTCKICGNVQTPKNNQSWGUWLGVCGNOCPIQEQPNCNNCXGSWGUGGPVTGICEQPGN
EQORTGUQT
Ő .GXCPVGGNOCPIQ[IÃTGNQJCUVCSWGGNTGDQTFGFGDNQSWGQGPGNEWGTRQFGNC
X±NXWNCGPECLGGPNCTCPWTCFGNOCPIQ
Ő +PUVCNGGNVQTPKNNQ
'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

(CNNQU[UQNWEKQPGU
'PEQORTGUQTGUFQVCFQUFGNTGIWNCFQT'NGMVTQPKMQP++UKGN.'&FGCNCTOCGUV±GPEGPFKFQQRCTRCFGC
EQPUWNVGNCUUGEEKQPGU/GPÐ&CVQUFGGUVCFQ[/GPÐ5GTXKEKQ

 %QPFKEKÉP (CNNQ 5QNWEKÉP


'NEQORTGUQTUGRQPGGP #XGTKCFCNCX±NXWNCFGUQNGPQKFG 4GGORNCEGNCX±NXWNC
OCTEJCRGTQPQECTICFGURW¾U
FGWPRGTÃQFQFGTGVTCUQ
8±NXWNCFGGPVTCFCRGICFCGP *CICSWGUGEQORTWGDGNC
RQUKEKÉPEGTTCFC X±NXWNC
(WICGPVWDQUHNGZKDNGUFGCKTG 4GGORNCEGGNVWDQHNGZKDNG
FGEQPVTQN EQPNCHWIC
(WICGPX±NXWNCFGRTGUKÉP *CICSWGUGEQORTWGDGNC
OÃPKOC
EWCPFQNCTGFFGCKTG X±NXWNC
GUV±FGURTGUWTK\CFC


/CPWCNFGKPUVTWEEKQPGU

 %QPFKEKÉP (CNNQ 5QNWEKÉP


'NEQORTGUQTPQFGUECTICNC #XGTKCFCNCX±NXWNCFGUQNGPQKFG 4GGORNCEGNCX±NXWNC
X±NXWNCFGUGIWTKFCFFKURCTC
.CX±NXWNCFGGPVTCFCPQEKGTTC *CICSWGUGEQORTWGDGNC
X±NXWNC

 %QPFKEKÉP (CNNQ 5QNWEKÉP


'NUGRCTCFQTFGEQPFGPUCFQPQ 6WDQHNGZKDNGFGFGUECTIC %QORTWGDG[TGRCTGUGIÐP
FGUECTICEQPFGPUCFQFWTCPVG CVCUECFQ UGCPGEGUCTKQ
NCECTIC

 %QPFKEKÉP (CNNQ 5QNWEKÉP


.CUCNKFCFGCKTGFGNEQORTGUQT 'NEQPUWOQFGCKTGGZEGFGGN %QORTWGDGGNGSWKRQ
QNCRTGUKÉPGUKPHGTKQTCNQ UWOKPKUVTQFGNEQORTGUQT EQPGEVCFQ
PQTOCN
'NGOGPVQHKNVTCPVGCKTGQDUVTWKFQ %CODKGGNGNGOGPVQHKNVTCPVG
#XGTKCFCNCX±NXWNCFGUQNGPQKFG 4GGORNCEGNCX±NXWNC
(WICGPVWDQUHNGZKDNGUFGCKTG 4GGORNCEGNQUVWDQU
FGEQPVTQN HNGZKDNGUEQPHWICU
.CX±NXWNCFGGPVTCFCPQUG *CICSWGUGEQORTWGDGNC
CDTGEQORNGVCOGPVG X±NXWNC
5GRCTCFQTFGCEGKVGQDUVTWKFQ *CICSWGUGTGGORNCEGGN
GNGOGPVQ
(WICUFGCKTG *CICSWGTGRCTGPNCUHWICU
.CX±NXWNCFGUGIWTKFCFVKGPG 5WUVKVW[CNCX±NXWNC
HWICU
#XGTKCFQGNGNGOGPVQ %QPUWNVGC#VNCU%QREQ
EQORTGUQT

 %QPFKEKÉP (CNNQ 5QNWEKÉP


(NWLQGZEGUKXQFGCEGKVGC .CX±NXWNCFGTGVGPEKÉPVKGPG 4GGORNCEGNCURKG\CU
VTCX¾UFGNHKNVTQFGCURKTCEKÉPFG HWICUQVTCDCFCNCX±NXWNCFG CXGTKCFCU4GGORNCEGGN
CKTGFGURW¾UFGRCTCT EKGTTGFGCEGKVG GNGOGPVQHKNVTCPVGFGCKTG

 %QPFKEKÉP (CNNQ 5QNWEKÉP


.CX±NXWNCFGUGIWTKFCFFKURCTC #XGTÃCFGNCX±NXWNCFGGPVTCFC *CICSWGUGEQORTWGDGNC
FGURW¾UFGECTICT X±NXWNC
#XGTÃCFGNCX±NXWNCFGRTGUKÉP *CICSWGUGEQORTWGDGNC
OÃPKOC X±NXWNC
#XGTKCFCNCX±NXWNCFG 5WUVKVW[CNCX±NXWNC
UGIWTKFCF
#XGTKCFQGNGNGOGPVQ %QPUWNVGC#VNCU%QREQ
EQORTGUQT
#VCUECFQGNGNGOGPVQUGRCTCFQT *CICSWGUGTGGORNCEGGN
FGCEGKVG GNGOGPVQ


/CPWCNFGKPUVTWEEKQPGU

 %QPFKEKÉP (CNNQ 5QNWEKÉP


6GORGTCVWTCFGUCNKFCFGN 0KXGNFGCEGKVGFGOCUKCFQDCLQ %QORTWGDG[EQTTKLC
GNGOGPVQEQORTGUQTQFGNCKTG
FGUWOKPKUVTQUWRGTKQTCNQ
PQTOCN
'PEQORTGUQTGUTGHTKIGTCFQU $WUSWGNCTGUVTKEEKÉPFGNCKTG
RQTCKTGCKTGFGTGHTKIGTCEKÉP FGTGHTKIGTCEKÉPQOGLQTGNC
KPUWHKEKGPVGQFGOCUKCFQCNVCNC XGPVKNCEKÉPFGNCUCNC'XKVG
VGORGTCVWTCFGNOKUOQ NCTGEKTEWNCEKÉPFGNCKTGFG
TGHTKIGTCEKÉP5KUGJCNNC
KPUVCNCFQWPXGPVKNCFQTGPNC
UCNCFGNEQORTGUQT
EQORTWGDGUWECRCEKFCF
'PEQORTGUQTGUTGHTKIGTCFQU #WOGPVGGNHNWLQ
RQTCIWCHNWLQFGCIWCFG
TGHTKIGTCEKÉPFGOCUKCFQDCLQ
'PEQORTGUQTGUTGHTKIGTCFQU %QPUWNVGCN%GPVTQFG
RQTCIWCQDUVTWEEKÉPGPGN 5GTXKEKQC%NKGPVGUFG#VNCU
UKUVGOCFGCIWCFG %QREQ
TGHTKIGTCEKÉP
#VCUECFQGNTGHTKIGTCFQTFG .KORKGGNTGHTKIGTCFQT
CEGKVG
/CNHWPEKQPCOKGPVQFGNC *CICSWGUGRTWGDGNC
X±NXWNCFGFGTKXCEKÉP X±NXWNC
4GHTKIGTCFQTFGCKTGQDVWTCFQ .KORKGGNTGHTKIGTCFQT
#XGTKCFQGNGNGOGPVQ %QPUWNVGCN%GPVTQFG
EQORTGUQT 5GTXKEKQC%NKGPVGUFG#VNCU
%QREQ


/CPWCNFGKPUVTWEEKQPGU

 &CVQUV¾EPKEQU

 +PFKECEKQPGUGPGNFKURNC[

&KURNC[FGNTGIWNCFQT'NGMVTQPKMQP

4GIWNCFQT'NGMVTQPKMQP++

+ORQTVCPVG

.CUNGEVWTCUOGPEKQPCFCUCPVGTKQTOGPVGUQPX±NKFCUDCLQNCUEQPFKEKQPGUFG
TGHGTGPEKC
X¾CUGNCUGEEKÉP%QPFKEKQPGUFGTGHGTGPEKC[NÃOKVGU 

4GHGTGPEKC .GEVWTC
2TGUKÉPFGUCNKFCFG (NWEVÐCGPVTGNCURTGUKQPGUFGFGUECTIC[ECTICRTQITCOCFCU
CKTG
6GORGTCVWTCFGUCNKFC 2CTCWPKFCFGUTGHTKIGTCFCURQTCKTGCRTQZu%
u( UQDTGNC
FGNGNGOGPVQ VGORGTCVWTCFGGPVTCFCFGNCKTGFGTGHTKIGTCEKÉP
EQORTGUQT 2CTCWPKFCFGUTGHTKIGTCFCURQTCIWCCRTQZu%
u( UQDTGNC
VGORGTCVWTCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP
6GORGTCVWTCFGNRWPVQ %QPUWNVGNCUGEEKÉP&CVQUFGNEQORTGUQT
FGTQEÃQ
&KHGTGPEKCFGRTGUKÉP +PHGTKQTCDCT
RUK 
UQDTGGNUGRCTCFQTFG
CEGKVG
6GORGTCVWTCFGUCNKFC +PHGTKQTCu%
u( 
FGNCIWCFG
TGHTKIGTCEKÉP


/CPWCNFGKPUVTWEEKQPGU

 6COCÇQFGECDNGUGN¾EVTKEQU

#VGPEKÉP

.CUTGINCUNQECNGUUKIWGPGPXKIQTUKUQPO±UGUVTKEVCUSWGNQUXCNQTGURTQRWGUVQU
CDCLQ
.CECÃFCFGXQNVCLGPQFGDGGZEGFGTWPFGNXQNVCLGPQOKPCN2WGFGSWGUGC
PGEGUCTKQWVKNK\CTECDNGUFGVCOCÇQOC[QTSWGNQUGURGEKHKECFQUCHKPFGEWORNKTEQP
GUVCGZKIGPEKC

6COCÇQFGECDNGU

)#  )#  )#  )# 


9QTMRNCEG 9QTMRNCEG 9QTMRNCEG(WNN 9QTMRNCEG(WNN
ECDNGGP ECDNGCNCKTGNKDTG (GCVWTGECDNG (GCVWTGECDNGCN
EQPFWEVQ GPEQPFWEVQ CKTGNKDTG
(TGEWGPEKC 8QNVCLG 6COCÇQFG 6COCÇQFG 6COCÇQFG 6COCÇQFG
*\
8 ECDNGU ECDNGU ECDNGU ECDNGU
+'% 'UVTGNNC OO OO OO OO
VTK±PIWNQ
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z

)# 9QTMRNCEG )# 9QTMRNCEG(WNN(GCVWTG


EQPFWEVQTGUFGEQDTGGPEQPFWEVQ EQPFWEVQTGUFGEQDTGGPEQPFWEVQ
QECDNG QECDNG
(TGEWGPEKC 8QNVCLG 6COCÇQFGECDNGU 6COCÇQFGECDNGU
*\
8
%5#7. 'UVTGNNC #9) #9)
VTK±PIWNQ
  Z#9) Z#9)
  Z#9) Z#9)
  Z#9) Z#9)
  Z#9) Z#9)


/CPWCNFGKPUVTWEEKQPGU

)# )# )# )#


9QTMRNCEG 9QTMRNCEG 9QTMRNCEG(WNN 9QTMRNCEG(WNN
ECDNGGP ECDNGCNCKTGNKDTG (GCVWTGECDNG (GCVWTGECDNGCN
EQPFWEVQ GPEQPFWEVQ CKTGNKDTG
(TGEWGPEKC 8QNVCLG 6COCÇQFG 6COCÇQFG 6COCÇQFG 6COCÇQFG
*\
8 ECDNGU ECDNGU ECDNGU ECDNGU
+'% 'UVTGNNC OO OO OO OO
VTK±PIWNQ
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z

)#9QTMRNCEGEQPFWEVQTGU )#9QTMRNCEG(WNN(GCVWTG
FGEQDTGGPEQPFWEVQQECDNG EQPFWEVQTGUFGEQDTGGPEQPFWEVQ
QECDNG
(TGEWGPEKC 8QNVCLG 6COCÇQFGECDNGU 6COCÇQFGECDNGU
*\
8
%5#7. 'UVTGNNC #9) #9)
VTK±PIWNQ
  Z#9) Z#9)
  Z#9) Z#9)
  Z#9) Z#9)
  Z#9) Z#9)

)# )# )# )#


9QTMRNCEG 9QTMRNCEG 9QTMRNCEG(WNN 9QTMRNCEG(WNN
ECDNGGP ECDNGCNCKTGNKDTG (GCVWTGECDNG (GCVWTGECDNGCN
EQPFWEVQ GPEQPFWEVQ CKTGNKDTG
(TGEWGPEKC 8QNVCLG 6COCÇQFG 6COCÇQFG 6COCÇQFG 6COCÇQFG
*\
8 ECDNGU ECDNGU ECDNGU ECDNGU
+'% 'UVTGNNC OO OO OO OO
VTK±PIWNQ
  Z Z Z Z
  ZQZ ZQZ ZQZ ZQZ
  Z Z Z Z
  Z Z Z Z
  ZQZ ZQZ Z Z
  ZQZ ZQZ ZQZ ZQZ
  Z Z Z Z
  Z Z Z Z


/CPWCNFGKPUVTWEEKQPGU

 #LWUVGUFGNFKU[WPVQTFGNOQVQTFGNXGPVKNCFQT

&KU[WPVQT

)# )# )#


(TGEWGPEKC
*\ 8QNVCLG
8 &KU[WPVQTFGN &KU[WPVQTFGN &KU[WPVQTFGN
OQVQTFGN OQVQTFGN OQVQTFGN
XGPVKNCFQT3
# XGPVKNCFQT3
# XGPVKNCFQT3
#
+'% 'UVTGNNCVTK±PIWNQ
    
    
    
    
    
    
    
    
%5#7. 'UVTGNNCVTK±PIWNQ
    
    
    
    


/CPWCNFGKPUVTWEEKQPGU

 #LWUVGUFGTGN¾FGUQDTGECTIC[HWUKDNGU

4GN¾FGUQDTGECTIC[HWUKDNGU

)# )# )# )# )# )#


(TGEWGPEK 8QNVCLG 4GN¾FG (WUKDNGU 4GN¾FG (WUKDNGU 4GN¾FG (WUKDNGU
C
*\
8 UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU
(
#  UWOKPKUVTQ (
# UWOKPKUVTQ (
# UWOKPKUVTQ
FGN FGN FGN
EQORTGUQT EQORTGUQT EQORTGUQT

#
#
#
+'% 'UVTGNNC I.I) I.I) I.I)
VTK±PIWNQ
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU


/CPWCNFGKPUVTWEEKQPGU

)# )# )# )# )# )#


(TGEWGPEK 8QNVCLG 4GN¾FG (WUKDNGU 4GN¾FG (WUKDNGU 4GN¾FG (WUKDNGU
C
*\
8 UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU
(
#  UWOKPKUVTQ (
# UWOKPKUVTQ (
# UWOKPKUVTQ
FGN FGN FGN
EQORTGUQT EQORTGUQT EQORTGUQT

#
#
#
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG[ UKIWKGPVG[ UKIWKGPVG[
6COCÇQFG 6COCÇQFG 6COCÇQFG
ECDNGU ECDNGU ECDNGU
GN¾EVTKEQU GN¾EVTKEQU GN¾EVTKEQU
%5#7. 'UVTGNNC %5#*4% %5#*4% %5#*4%
VTK±PIWNQ 7.4- 7.4- 7.4-
       Z
       Z
       
       

#LWUVGO±ZKOQFGNHWUKDNG

6COCÇQFGECDNGU
OO (WUKDNGO±ZKOQ
#
 
 
 
 
 
 
 
 


/CPWCNFGKPUVTWEEKQPGU

 %QPFKEKQPGUFGTGHGTGPEKC[NÃOKVGU

%QPFKEKQPGUFGTGHGTGPEKC

2TGUKÉP
CDUQNWVC FGGPVTCFCFGCKTG DCT 
2TGUKÉP
CDUQNWVC FGGPVTCFCFGCKTG RUK 
6GORGTCVWTCFGGPVTCFCFGCKTG u% 
6GORGTCVWTCFGGPVTCFCFGCKTG u( 
*WOGFCFTGNCVKXC  
2TGUKÉPFGVTCDCLQ %QPUWNVGNCUGEEKÉP&CVQUFGN
EQORTGUQT

'PWPKFCFGUTGHTKIGTCFCURQTCIWCVCODK¾P
6GORGTCVWTCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP u% 
6GORGTCVWTCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP u( 

.ÃOKVGU

2TGUKÉPO±ZKOCFGVTCDCLQ %QPUWNVGNCUGEEKÉP&CVQUFGN
EQORTGUQT
2TGUKÉPOÃPKOCFGVTCDCLQ DCT
G 
2TGUKÉPOÃPKOCFGVTCDCLQ RUKI 
6GORGTCVWTCO±ZKOCFGGPVTCFCFGCKTG u% 
6GORGTCVWTCO±ZKOCFGGPVTCFCFGCKTG u( 
6GORGTCVWTCOÃPKOCFGGPVTCFCFGCKTG u% 
6GORGTCVWTCOÃPKOCFGGPVTCFCFGCKTG u( 

'PWPKFCFGUTGHTKIGTCFCURQTCIWCVCODK¾P
6GORGTCVWTCO±ZKOCFGUCNKFCFGNCIWCFG u% 
TGHTKIGTCEKÉP
6GORGTCVWTCO±ZKOCFGUCNKFCFGNCIWCFG u( 
TGHTKIGTCEKÉP
2TGUKÉPO±ZKOCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP DCT
G 
2TGUKÉPO±ZKOCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKÉP RUKI 

 &CVQUFGNEQORTGUQT

%QPFKEKQPGUFGTGHGTGPEKC

6QFQUNQUFCVQUGURGEKHKECFQUCEQPVKPWCEKÉPUGCRNKECPDCLQEQPFKEKQPGUFG
TGHGTGPEKCX¾CUGNCUGEEKÉP%QPFKEKQPGUFGTGHGTGPEKC[NÃOKVGU


/CPWCNFGKPUVTWEEKQPGU

)#

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
(TGEWGPEKC *\        
2TGUKÉPO±ZKOC DCT
G        

FGFGUECTIC
2TGUKÉPO±ZKOC RUKI        

FGFGUECTIC
2TGUKÉPO±ZKOC DCT
G        

FGFGUECTIC 
WPKFCFGU(WNN
(GCVWTG
2TGUKÉPO±ZKOC RUKI        

FGFGUECTIC 
WPKFCFGU(WNN
(GCVWTG
2TGUKÉPFGVTCDCLQ DCT
G        
PQOKPCN
2TGUKÉPFGVTCDCLQ RUKI        
PQOKPCN
2TGUKÉPFGVTCDCLQ DCT
G        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTG
2TGUKÉPFGVTCDCLQ RUKI        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTG
%CÃFCFGRTGUKÉP DCT
G        
UQDTGGNUGECFQT
WPKFCFGU(WNN
(GCVWTG
%CÃFCFGRTGUKÉP RUKI        
UQDTGGNUGECFQT
WPKFCFGU(WNN
(GCVWTG
2WPVQFGCLWUVG u%        
X±NXWNC
VGTOQUV±VKEC
2WPVQFGCLWUVG u(        
X±NXWNC
VGTOQUV±VKEC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTG
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTG
2WPVQFGTQEÃQC u%        
RTGUKÉPWPKFCFGU
(WNN(GCVWTG
2WPVQFGTQEÃQC u(        
RTGUKÉPWPKFCFGU
(WNN(GCVWTG
/QVQTFG .# .# .# .# .# .# .# .#
CEEKQPCOKGPVQ        
5+'/'05
8GNQEKFCFFGNGLG TOKP        
FGNOQVQT
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTG
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTG
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWC
%QPUWOQFG M9        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFG JR        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFG M9        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFG JR        
GPGTIÃC
UGECFQT
EQPECTICPWNC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
6KRQFG 4C 4C 4C 4C 4C 4C 4C 4C
TGHTKIGTCPVG
WPKFCFGU(WNN
(GCVWTG
%CPVKFCFVQVCN MI        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTG
%CPVKFCFVQVCN ND        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu%[
WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu([
WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u%
[WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u(
[WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
0KXGNFGRTGUKÉP F$
#        
CEÐUVKEC
9QTMRNCEG[
9QTMRNCEG(WNN
(GCVWTG
EQPHQTOG
C+51




/CPWCNFGKPUVTWEEKQPGU

)#

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
(TGEWGPEKC *\        
2TGUKÉPO±ZKOC DCT
G        

FGFGUECTIC
2TGUKÉPO±ZKOC RUKI        

FGFGUECTIC
2TGUKÉPO±ZKOC DCT
G        

FGFGUECTIC 
WPKFCFGU(WNN
(GCVWTG
2TGUKÉPO±ZKOC RUKI        

FGFGUECTIC 
WPKFCFGU(WNN
(GCVWTG
2TGUKÉPFGVTCDCLQ DCT
G        
PQOKPCN
2TGUKÉPFGVTCDCLQ RUKI        
PQOKPCN
2TGUKÉPFGVTCDCLQ DCT
G        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTG
2TGUKÉPFGVTCDCLQ RUKI        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTG
%CÃFCFGRTGUKÉP DCT
G        
UQDTGGNUGECFQT
WPKFCFGU(WNN
(GCVWTG
%CÃFCFGRTGUKÉP RUKI        
UQDTGGNUGECFQT
WPKFCFGU(WNN
(GCVWTG
2WPVQFGCLWUVG u%        
X±NXWNC
VGTOQUV±VKEC
2WPVQFGCLWUVG u(        
X±NXWNC
VGTOQUV±VKEC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTG
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTG
2WPVQFGTQEÃQC u%        
RTGUKÉPWPKFCFGU
(WNN(GCVWTG
2WPVQFGTQEÃQC u(        
RTGUKÉPWPKFCFGU
(WNN(GCVWTG
/QVQTFG .# .# .# .# .# .# .# .#
CEEKQPCOKGPVQ        
5+'/'05
8GNQEKFCFFGNGLG TOKP        
FGNOQVQT
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTG
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTG
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWC
%QPUWOQFG M9        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFG JR        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFG M9        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFG JR        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
6KRQFG 4C 4C 4C 4C 4C 4C 4C 4C
TGHTKIGTCPVG
WPKFCFGU(WNN
(GCVWTG
%CPVKFCFVQVCN MI        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTG
%CPVKFCFVQVCN ND        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu%[
WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu([
WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u%
[WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u(
[WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
0KXGNFGRTGUKÉP F$
#        
CEÐUVKEC
9QTMRNCEG[
9QTMRNCEG(WNN
(GCVWTG
EQPHQTOG
C+51




/CPWCNFGKPUVTWEEKQPGU

)#

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
(TGEWGPEKC *\        
2TGUKÉPO±ZKOC DCT
G        

FGFGUECTIC
2TGUKÉPO±ZKOC RUKI        

FGFGUECTIC
2TGUKÉPO±ZKOC DCT
G        

FGFGUECTIC 
WPKFCFGU(WNN
(GCVWTG
2TGUKÉPO±ZKOC RUKI        

FGFGUECTIC 
WPKFCFGU(WNN
(GCVWTG
2TGUKÉPFGVTCDCLQ DCT
G        
PQOKPCN
2TGUKÉPFGVTCDCLQ RUKI        
PQOKPCN
2TGUKÉPFGVTCDCLQ DCT
G        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTG
2TGUKÉPFGVTCDCLQ RUKI        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTG
%CÃFCFGRTGUKÉP DCT
G        
UQDTGGNUGECFQT
WPKFCFGU(WNN
(GCVWTG
%CÃFCFGRTGUKÉP RUKI        
UQDTGGNUGECFQT
WPKFCFGU(WNN
(GCVWTG
2WPVQFGCLWUVG u%        
X±NXWNC
VGTOQUV±VKEC
2WPVQFGCLWUVG u(        
X±NXWNC
VGTOQUV±VKEC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTG
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
X±NXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTG
2WPVQFGTQEÃQC u%        
RTGUKÉPWPKFCFGU
(WNN(GCVWTG
2WPVQFGTQEÃQC u(        
RTGUKÉPWPKFCFGU
(WNN(GCVWTG
/QVQTFG .# .# .# .# .# .# .# .#
CEEKQPCOKGPVQ        
5+'/'05
8GNQEKFCFFGNGLG TOKP        
FGNOQVQT
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTG
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTG
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWC
%QPUWOQFG M9        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFG JR        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFG M9        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFG JR        
GPGTIÃC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTG
6KRQFG 4C 4C 4C 4C 4C 4C 4C 4C
TGHTKIGTCPVG
WPKFCFGU(WNN
(GCVWTG
%CPVKFCFVQVCN MI        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTG
%CPVKFCFVQVCN ND        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTG
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu%[
WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu([
WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u%
[WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKÉP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u(
[WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
0KXGNFGRTGUKÉP F$
#        
CEÐUVKEC
9QTMRNCEG[
9QTMRNCEG(WNN
(GCVWTG
EQPHQTOG
C+51




/CPWCNFGKPUVTWEEKQPGU

 +PUVTWEEKQPGURCTCGNWUQFGNFGRÉUKVQFGCKTG

 +PUVTWEEKQPGUFGWUQ

+PUVTWEEKQPGU

 'UVGTGEKRKGPVGRWGFGEQPVGPGTCKTGRTGUWTK\CFQVGPICGPEWGPVCGNRGNKITQRQVGPEKCN
SWGGUVQUWRQPGUKPQNQWVKNK\CEQTTGEVCOGPVG
 'UVGTGEKRKGPVGUGWUCT±ÐPKECOGPVGGPECNKFCFFGUGRCTCFQTFGCKTGEQORTKOKFQCEGKVG
[HWPEKQPCT±FGPVTQFGNQUNÃOKVGUGURGEKHKECFQUGPNCRNCECFGFCVQU
 0QFGDGTGCNK\CTPKPIWPCOQFKHKECEKÉPGPGUVGTGEKRKGPVGPKUQNFCPFQPKVCNCFTCPFQPK
RQTPKPIÐPQVTQO¾VQFQOGE±PKEQUKPGNRGTOKUQGUETKVQFGNHCDTKECPVG
 5GKPFKECT±PENCTCOGPVGNCRTGUKÉP[VGORGTCVWTCFGGUVGTGEKRKGPVG
 .CX±NXWNCFGUGIWTKFCFFGDGEQTTGURQPFGTEQPRKEQUVTCPUKVQTKQUFGRTGUKÉPFG
XGEGUNCO±ZKOCRTGUKÉPRGTOKUKDNGFGVTCDCLQ&GDGICTCPVK\CTSWGNCRTGUKÉPPQ
GZEGFGT±RGTOCPGPVGOGPVGNCO±ZKOCRTGUKÉPRGTOKUKDNGFGVTCDCLQFGNTGEKRKGPVG
 7VKNKEGUÉNQGNCEGKVGGURGEKHKECFQRQTGNHCDTKECPVG
 5GWUCT±PÐPKECOGPVGRGTPQUQTKIKPCNGUFGURW¾UFGCDTKTRCTCWPCKPURGEEKÉP*C[SWG
VQOCTGPEQPUKFGTCEKÉPGNOQOGPVQFGVQTUKÉPO±ZKOQRCTCRGTPQU/0O

NDHHV 
 RCTCRGTPQU/0O
NDHHV 
 


/CPWCNFGKPUVTWEEKQPGU

 &KTGEVTKEGURCTCKPURGEEKÉP

 &KTGEVTKEGURCTCKPURGEEKÉP

&KTGEVTKEGU
'PNC&GENCTCEKÉPFGEQPHQTOKFCF&GENCTCEKÉPFGNHCDTKECPVGUGKPFKECPQUGJCEGTGHGTGPEKCCNCU
PQTOCUCTOQPK\CFCU[QVTCUPQTOCUSWGUGJCPWVKNK\CFQRCTCGNFKUGÇQ
.C&GENCTCEKÉPFGEQPHQTOKFCF&GENCTCEKÉPFGNHCDTKECPVGHQTOCRCTVGFGNCFQEWOGPVCEKÉPSWGUG
UWOKPKUVTCEQPGUVGEQORTGUQT
.QUTGSWKUKVQUNGICNGUNQECNGU[NCWVKNK\CEKÉPHWGTCFGNQUNÃOKVGU[EQPFKEKQPGUGURGEKHKECFCURQT#VNCU
%QREQRWGFGPTGSWGTKTQVTQURGTÃQFQUFGKPURGEEKÉPFKHGTGPVGUCNQUOGPEKQPCFQUCEQPVKPWCEKÉP


/CPWCNFGKPUVTWEEKQPGU

 2'&

 &KTGEVKXCUFGNGSWKRQFGRTGUKÉP

%QORQPGPVGUUWLGVQUCNC&KTGEVKXCUQDTGGSWKRQUCRTGUKÉP%'
%QORQPGPVGUUWLGVQUCNC&KTGEVKXCUQDTGGSWKRQUCRTGUKÉP%'UWRGTKQTGUQGSWKXCNGPVGUCNC
ECVGIQTÃC++

6KRQFGEQORTGUQT %QORQPGPVG &GUETKREKÉP 8QNWOGP 2TGUKÉP 6GORGTCVWTC %NCUG


FGFKUGÇQ FGFKUGÇQ FG2'&
OÃPKOC[
O±ZKOC
)# C)#  4GEKRKGPVG N DCT
G u% ++
u%
 8±NXWNCFG    +8
UGIWTKFCF
 8±NXWNCFG    +8
UGIWTKFCF
 8±NXWNCFG    +8
UGIWTKFCF
 8±NXWNCFG    +8
UGIWTKFCF

6KRQFGEQORTGUQT %QORQPGPVG &GUETKREKÉ 0ÐOGTQ )TQUQTFG 4GSWKUKVQUFG 4GSWKUKVQUFG


P FG RCTGF KPURGEEKÉP KPURGEEKÉP
EKENQU OÃPKOQ XKUWCN
  JKFTQUV±VKEC



 
)# C)#  4GEKRKGPVG Z  CÇQU CÇQU
G
 8±NXWNCFG    
UGIWTKFCF
 8±NXWNCFG    
UGIWTKFCF
 8±NXWNCFG    
UGIWTKFCF
 8±NXWNCFG    
UGIWTKFCF


 'NPÐOGTQFGEKENQUUGTGHKGTGCNPÐOGTQFGEKENQUFGUFGDCT
G JCUVCNCRTGUKÉPO±ZKOC

 'NITQUQTFGRCTGFOÃPKOQUGGZRTGUCGPOKNÃOGVTQU

 1VTCUV¾EPKECUFGKPURGEEKÉPEQOQWNVTCUQPKFQUQTC[QU:UQPGSWKXCNGPVGUCNCRTWGDCJKFTQUV±VKEC
RCTCGUVGGSWKRQ


GA 30+, GA 37, GA 45

Manual de Instrucciones
Atlas Copco se distingue como empresa por nuestra
convicción de que sólo podremos destacar en lo que
hacemos si ofrecemos la mejor experiencia tecnológica
posible para ayudar realmente a nuestros clientes a
producir, crecer y triunfar.

Sólo hay una forma de conseguirlo – nosotros lo


llamamos simplemente el estilo Atlas Copco. Se basa en
la interacción, las relaciones a largo plazo y la
participación en los procesos, necesidades y objetivos de
los clientes. Significa que debemos ser flexibles para
adaptarnos a los variados requisitos de las personas que
confían en nosotros.

El compromiso con el negocio de nuestros clientes


dirige nuestro esfuerzo para aumentar su productividad
mediante mejores soluciones. Un compromiso que
comienza prestando pleno apoyo a los productos
existentes y mejorando las cosas continuamente. Pero no
nos detenemos aquí, concebimos y realizamos avances
tecnológicos a través de la innovación. No por simple
amor a la tecnología, sino pensando en los resultados y
en la tranquilidad de nuestros clientes.

Así es como Atlas Copco se esforzará por seguir siendo


la primera elección, atraer nuevos negocios y mantener
nuestra posición como líder de la industria.

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